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I*
nkstors'SupleiimiH
OF THI
i
C ommercial & F inancial
f
Qhronicle.
;i
t
1888.
Sept. 29,
VOLUME
WILLIAM R DANA
107
The
Investors'
Supplement
\
XLVII.
WILLIAM STREET,
is
PUBLISHERS,
NKW KORK.
<<>..
issued once in two months,
viz.,
on the
last
Saturday of
January, March, May, July, September and November, and one copy of each issue
nished to
th*s
every subscriber of the
CHRONICLE
U At
tt
CHRONICLE.
Extra copies are sold
is
fur-
to subscribers of
at 50 cer.:s each, or to others than subscribers at $1 per copy.
Owjm* )*m IrVuxxilLDUitCo.lllteMtcoItlx
-.(
I
H|NH Wl
D.
O]
CHRYSTIE & JANNEY,
Wall Street,
NEW YORK.
6
Transact a general banking business.
Receive deposits subject to check at sight.
Allow
interest
on daily balances.
Deal in railroad bonds, and State, County and Municipal securities.
and coupons throughout the United States and Canada.
bullion,
of
and make liberal advances on same when desired.
consignments
Give special attention to
Make
collection of drafts, notes', dividends
VERMILYE &
16
&
18 Nassau
Street,
CO.
New
York.
ALL SECURITIES LISTER AT THE MEW YORK, PHILADELPHIA AND ROSTOV
STOCK EXCHANGES BOIGHT AND SOLD ON COMMISSION.
DETOSHS RECIIVED AND
GOVERNMENT, CITY
AM)
INTEREST ALLOWED ON
DRAFTS AT SIGHT.
BALANCES,
SUBJECT TO
RAILROAD BONDS, AND OTHER CHOICE INVESTMENTS,
AND ON HAND FOR IMMEDIATE DELIVERY.
SAFE DEPOSIT AND BANK VAULTS AND SAFES
HERRING &
CO.,
Nos.
manuiactukki)
252
251
&
iiy
BROADWAY, NEW YORK.
FOR
SALE
,
.
SwimM
nkstmrs'
OK THE
QhRONICLL
Q oMMERClAL & f INANCIAL
Dm
[ttm« iwa r ltn to act ot Coosroai, to tte year MB, t»y Wi. B.
VOL
NEW
47.
A Co.. tt tee oAoo of
YORK, SEPT I'.MBER
INVEST0R3" SUPPLEMENT.
i
B. DANA * CO.. Publishers,
103 WiUUm Street. Htm Turk.
v
RAILROAD MAPS IN THE SUPPLEMENT.
The
maps now published
railroad
in the
Supplement
Vot. Paob.
include the following roads.
A T.
43
...
1« tsd 17
...
90
...
t*
...
H
. .
,
...117
...
II
i
•
St.
iatl
rt
u »(»li- ni
Paul A KaneasCtty
lodlaoapoll. Bt. l-ule
Clnetaoati Jarkaua A Meek maw
TTTT.
OaetaaaU .New orleaae A Texsa Paclae
Delaware Lackawanna
35
37
A Ousago.
j;.
E
.
42
44
4T
A We
DesverARioilrs.de
DearerA nlo Uraode W«otarn
Denrer Teiaa A Port Worth
..
..
A Atlantic
Duloth Booth shore
..
Eaet Tsnneeaee Virginia A Georgia
Port W.-rti. A D«ii>er I lty
^^^^^a
A Indians.
Gulf
A Santa Pe
I
-olorad'.
Ho—too
A T.im
nadnAal
.nrttte
.
•
ral.
.
..
Am peun«ylranU KK
an Sooiham Pectae
..
..
.
..
A
firest Northern'.'" AM'Masiouri
i-». ir.r
BosttVastrra
Wyandotte A Northwestern
Lake Erie a We-trrn
L*ohmlleA MaeheUle
hany A Chicago.
Loatorlih, New Orleans A Teiae
iTrlu
il«
A Northern
M. Wleeo
July
1.
1921
...
I..
..
..
Bl
..
M3
TTTTls
..
84
fi
Dearer A R
..
80
..
71
..
Ti
..
7.<
M. Kxten.
A
Ooll.
A
:i
MM.
A
WI.. Minn.
jajnlisiia
LiiKa
1938....
»1-
I
i Mask's; letOoa.
••«,
M
-
i.l.
i
Hue Jone
.-
1,1936.
IK3U
I.
Ian. '..1938
ImnriUMinlM.
103«
fts.
lejsn. 1.1937..
(lulff
78
78
..Us
..
rtlr. :.».. Hie
Vaiiey dlr
.
far. l.tM.j'. Kan.A-%eb.Rv.4a.du. July 1.1934..
Roek
l.t
let
..
ruses MaHooei.
A Minn.
M. Wleoo-.
r.
..
(IA
J**"*"
41
43
S3
»>
07
M
81
..
p
Marietta UDluatbu.
I
M
68
..117
..
1.
.
3B
...
M. 8s. dne Peb.
1988
*BkOo. orUa.Oo4.Trnet8e,daehta 1.1937
CMtrslKK Co ..f N. J flea. M. 8.. dtt- J ilv I. 1987
Ml
Onstrsl Paelne KK. M. fi*. duCtwaaprara A Oh'o Ry. let St. 8*. due July 1. '.908
-l M. ... diirJuly 1. 1918
leOt.Psalnealaekt.ee, doe Jan. 1. 1911
lit M. .iifi- ion. tu. due Juiii- 1. \'>ti
Chlo Burl, a o <e-.re.ka est. 4s. due Mar 1, 1937
C.M.AM' P.Kr let* .Cftle.AU8ap rdlv.ft»..lu-July 1.1931.
l.i M Ohio. A Milwaukee dlT. 7a. due Jan. 1, 1903....
Ho. Hirer div. 8a. due July 1, IhB6
It St. Chle A Panne KB. tie. due Jan. 1, 1910
St. Chic A Pec Weet. dlr. 8a. due Jan. 1. 1V21
Cte. St. 7«. doe J.ilr 1. 1008...
let M. l)«k. A lit. Boutit. Ky- .'>•• .lue Jan. 1, 1016
lat M Dul.ui|iie dlr. tit, due July 1.1U30
l.iM. Pargo A Bmatbero Ry. tte. due Jan. 1.1934
l.i St. Ilaatltur. A D.k.eiten. 7., doe Jan. 1910
1-t St. Iowa A I>.k..ta dlr. 7.. das July 1, 1908
lat St
t» roeec A IMreu. dlr. :>.. >1ue July I. 1910
1st St. Mineral Point dlT. Ae, due July 1. 1910
l.tM. RJr.rfilTl.lori 7«. due Jan. 1. 19ii2
M. footbern Mian, dlr..., duo Jan. 1, 1910
Tern raal M. 8.. Sue Jul v I, 191 t
1st M. Western Onion KR. »». due July 1. 1909...
Paos
P.
Centn.1 kg. * Rankin* On. ot Oenrgla
Central RR of New Jereey
Central Pari
Am southern!
Iharleeton CtnelnnaU A Chicago
Milwaukee A BU Pan!
N.
A Ohio KB. OoasoL
UsHlsMse
a I shams Qreat Boothorn. ss« Ctaataaatl K. 0.
Atohlaos TopskaABaola Pe
Atlantic Atlanta A Ureal Weetem
nnltlmori A Ohio
elo Rorlie-ter A Piiiabarg !.'.'.'.'.'.'.'.'. .'.
lA
following
of railroad
km
l
l
1888.
2H,
list supplies an index to all the abstracta
mortgages that have been published prior to
ihis date ia the Commercial and Financial Chronicle.
Tne first of the abstracts of railroad mortgages was
published in the Chronicle of July 9, 1887, and since
that date the others have been published from time to
time as spice has permitted. These mortgages thus placed on
record in the files and volumes of the Chronicle, and
iodexed in trie remarks pertaining to the respective companies in the Supplement, will be found of great value to
investors and deslers in our railroad securities.
Tinnii
published on the lent Saturday of every othe r
January Mareb, Msy, July. Bsnaatshsr and November
of each
U furnUhed. without extra cbanre, to al 1
ben of too Oo«»m:ui. ado Pmaiiuial Chsokiclsbo of anj lease are eold to aabeerlbera at SO cent* each- so* aubecrtben atBleach. No eubaorlpUone are taken
IsTis-roea' Bt-rruuiKXT apart from the CHSoincut Annoai
«ea price to the Chboskls, laolodrss the I* morons' Burrutthe United States and 41 1 *o In £oiope ; these pries*
i
WeHuBftoB, D. C.J
INDEX TO RAILROAD MORTGAGES.
The
ibjtt la
.
tk< Ubrartaaof Coasraw,
Km
.1,
A
1,1908
.
M
I
r.'i927,!!
.r
77
Le.e S>is i
ess
A > xaa.
I
Baahrl
Parrs
mla.
.
.
Am DouUrUi* A lfashrUIe.
81
Mo.Kan.
84
80
Mhwoarl
Km
..
..
.
I;
.
.
ink"
1
I
A
A
>ni
.
|
..
»-B
..
07
..
A Hake
Kr.o...
A
.
West Point
T.rml'nsi.'
SJ: lent.
i^S:
A Aran..-
Bt.
B*.
W
.........
-
.e.
.
..e.
.
.. .-
I>.uUa*.i, Praoclerb
Paul Mli.B*a|»>UsAMsnl'tooa'
v*
4«lel^.8AoreAlJlilrrir?
1
*
-a-wij-iSh-iiv:;:::::::
i*i^'Ji^»r.~^it:r/^~::::::::::::
A KakwssCltr.
lAPeetSc Am MbbmbH PsVias
*>Sto»s H -w Yirr* A Pennsylvania."
»Bt. i> ok>
Zsoeenile
•"hsaw
sasss, •»
AOhto"
"«s^sws». # «
April
09
.•m.i
.103
I'hilaarlphl
.ee......»
a
<
90
>
1938...
I,
.
1,
1988....
Jtn.
Jan. 1, 1958
Jan. 1.
1
July 1,1917
u*. 1.1H36
|. r 0... Col. Tru.t .;«, due Peb. 1, 1897
x.teRy. Dt St. tie. due May 1, 1936
HlohmoudA w p,
St. Louie Atk AT.
iA St. 6.. due May
I.
tt.IVSI
(I
Ban Ant. A Aran. I'... ut M
Tela. A Pa. III. Ri l.i M '•>. due June
.
"oledo
.It"
1917.
Ik87.
,.„
!
T
.127
1.
Y,"1937.'.".'."."."
"Jan.
PeoneA W.
U AKai
»t
ki
.ledoB.
Vlrttl- Lt.Mi.l in.d
V.
, .
.'ti.
I
.100
.108
.109
.111
.114
.118
.117
.110
.120
June
n
,.107
hi'ncti
.^•pSS "***-
I,
i
'
N.
.11.'
*«**<-«* Te.ae
A<
iurk
|
.10.1
..
jfa.
pi
lcio
I>A0»iile. Aw Klohmoarf
a est Point Terminal
.
192 J.
I»J
.123
PJ7ill|l
A
90
..
Psnoayl
BOO Aht
79
81
..
.
rr-ftn
».due July 1,1938
,.
..
At* Mleeourt Paelfle
A
1
-I
.,y 1,
1,
M. 4., due July 1,
t
1926.
2OO0
M. in, due June
1017
1, l»lrt....
Ry. Oenl. M..".-. due Mbv l.lM.III
Penn. Ry. lat M. Be. due Jan. 1, 19J7
I, 1927
2nd M. 3 A4iercei
•
46
48
48
48
48
48
48
48
48
48
43
48
48
48
48
48
46
48
48
48
48
48
43
43
43
43
45
43
47
804
242
402
341
64
86
65
86
441
146
86
213
144
145
86
213
144
312
144
114
114
146
86
114
213
114
146
146
2*2
47
J.iO
47
47
261
261
43
574
43
47
47
47
140
228
48
43
43
43
48
43
46
47
45
47
47
47
45
47
45
48
47
47
47
43
46
47
47
47
4S
48
46
46
48
45
43
47
47
43
48
47
47
47
2-'9
273
374
440
341
241
575
873
46
143
I4J
170
227
287
274
83
641
641
22
2«)1
201
313
679
141
142
142
aSw
275
678
644
644
842
372
82
82
242
403
j:i
109
no
SUPPLEMENT.
INVESTOKS'
rency bonds.
PREFERRED
BONDS
STOCKS AND
CUMULATIVE.
[Vol. XLVII.
Toese bands were not cumulative in the
ordinary sense, but they had a provision which was clearly
intended to cover the same purpose
The reduction in the rate of dividend on the Chicago
the
Milwaukee &.St. Paul Preferred Shares suggests
cumulative
inquiry whether those shares are by their terms
not— that is, whether if the full dividend is not earned
absence of cash from earnings
in that year,
the road haviDg failed to make the dividend
case of the
The
the
loss.
retrieving
for
exists
right
ao
Paul also gives prominence to the general subject of
value.
paid in second preferred
—namely, that
stock.
but the company continued to
paying in stock even after
in the
must be
There was no cash,
the interest
the requirements as
fulfill
became
financially embaror
has a lien on the rassed, and finally we had the unique spectacle of a bond
or paid in any given year, the stock
remainder in itself selling below 20, getting return in a stock selling in
earnings of subsequent years for the unpaid
or whether 1887 as low as 3.
stock,
common
on
the
The Chesapeake & Ohio is now being
advance of any dividends
to the reorganized on a totally different basis, so the provisions
simply
extends
shares
preferred
the claim of the
itself, so that
of the old currency bonds no longer possess any practical
earnings of each year taken singly and by
to
At
it
time9, however, the cumulative feature is very impor.
in some cases it has been the means, as said
cumulative stocks and bonds, for the distinction between above, of yielding considerable profits to the fortunate
of that possessors of the securities having that feature.
Among
the classes which are and those which are not
character is of course very important.
the more conspicuous recent instances of bonds where
In taking a comprehensive view of the matter, several settlements have been made which have proved very
fit.
tant,
and
(1.) The
points are brought quite prominently to mind.
preference
bonds
or
regards
as
either
feature,
cumulative
advantageous to holders, may be mentioned the Richmond
& Danville debentures and the Virginia Midland incomes.
one
it is obviously
common
a
means
(2)
no
is
by
tocks,
No interest had been paid on either of these for some
cases where a
special
in
except
feature,
undesirable
an
time, and the bonds had become generally discredited on
lear reason exists for departing from the ordinary prac
that account, with prices correspondingly low. The bonds,
;
tioe
which gives the holders merely a prior claim on the however, were cumulative, and the Richmond & Danville
(3) railroad officials do not look
Company in April, 1887, offered to the holders of its
property with favor, and new debentures new five per cent consolidated bonds in ex-
earnings of each year
upon the cumulative
;
very rarely adopting it
(4) its value
large profits
although
problematical,
is
quite frequently
the
cumulative
where
instances
special
in
made
have been
are
companies
;
change for four years' unpaid coupons, amounting to 24
In the case of the Virginia Midland incomes!
per cent.
no interest was paid after July, 1884, but a year or more
ago holders were offered the privilege of exchanging their
bonds for new general mortgage bonds bearing regular
In general the superiority of preferred over common interest, and guaranteed by the Richmond & Danville,
hares is sufficiently secured when tbe former are given a and this privilege has been quite generally availed of, so
It is also desirab'e
first lien upon each year's earnings.
that there are only a few of the incomes now outstanding.
dividends upon It is to be remarked that in both this case and that of the
pay
that where earnings are sufficient to
feature existed and the managers thought it desirable or
found it necessary to effect a settlement with the holders.
both classes of stock, the right or claim of the preferred
But
to share in any excess should be distinctly specified.
for
past
sn
preference
full
giving
a
of
the advantage
l
present dividends, and
making such preference a
lien
upon
very doubtful.
Where no dividends are being paid, and only a remote
chance exists of any being ever earned, the argument of
future earnings,
is
the stronger.
A preferred
Richmond & Danville debentures, the
was not
original total issue
in excess of four million dollars.
Among
stocks, perhaps the
tlement for back interest
is
most striking case of a
set-
that of the St. Louis Alton
&
This is strictly cumulative, as
Terre Haute preferred.
It happened
will show.
further
below
the terms given
amount
of
55 per cent
the
dividends
to
1881
that in
stock or income
remained unpaid, so in that year bonds (called dividend
anomalous posi- bonds) were issued to represent the same. The Chicago
difficult in such instacces to find any
tion, and it is
Milwaukee & St. Paul in 1876 paid 14 per cent dividends
adequate reason or advantage for the cumulative proper y on the preferred stock with bonds, but this stock is not
Take a road which has about all it can do to meet fixed cumulative. In recent years 7 per cent dividends have
course
bond
is all
of
this nature occupies
charges, and yet
a very
where the preferred shares nominally
—
as long as there
carry five or six years' back dividends,
is no possibility of dividends being earned, that feature of
course has no value, while
dividends were near,
it
if
the time should
would be a source
come when
of great embar-
rassment to the company affected. As a rule, moreover,
persons buying preference shares or bends, as against
ordinary shares, do so merely because of the priority in the
Order of claim on earnings, just as a first mortgage has
tn advantage over a second or third mortgage, and not
be-
cause they expect or desire compensation for tbe years when
no return was made or earned on the securities purchased.
In these remarks of course it is not intended to touch upon
cases where dividends have been or are being earned,
and the earnings devoted to improvements and better-
been regularly paid in cash at the rate of 3^ per cent,
semiannually, so that the reduction to 2£ per cent for
October, 1888, marks the first change that has occurred
since the previous settlement.
Tnough the
said, are not cumulative, the stock
one, and so much interest attaches to
out of place to give here
its
dividends, as
is
such a prominent
it,
that
it
will not be
terms and provisions in
as described in the articles of association, as follows
full,
:
"The said preferred stock * * snaU be entitled to a dividend of
seven per cent per annum, from the net earnings of each current year,
after payment of intert-st on aU the mortgage t>onds. if the company
earn so much during the current year, and before the payment of dividends to an v other class of stockholders but the company may reserve
a reasonable working capital or Burplus before the dividend sliau be
declared or paid on said preferred stock, which surplus shall not exceed
floating
at any time the aggregate sum of $250,000 over and above the
bonds. U
or unfunded debt and the accrued interest on the mortgage
any one
per
cent
In
the net earnings of the company are not as much as 7
year, then the caid preferred stock shall receive tor that year a dividend
on
of
interest
payment
of wh .tev. r the said net earnings are, after the
working capital,
the mortgage bonds, and the reasonable reserve for a
upon
claim
any
as above described. Said preferred stock shaU not have
of any
the earnings of any other year for the non-payment of dividends
preceding year. And whenever the company earns sufficient, over and
above
reserve
the
and
Tjonds
the
on
interest
payment
of
above the
prenamed, to pay a greater sum than 7 per cent on said outstanding
preferred
said
the
stocli.then
common
on
the
cent
ferred stock and 7 per
such earnings.
stock shall share pro rata with the common slock
;
class by themselves,
no connection between them and the class of
securities we have in mind.
As furnishing an excellent
illustration of the extremes to which the doctrine of givm
ing the semblance of a return is sometimes carried, we
The stocks that really are cumulative by their terms are
may mention the case of the old Chesapeake & Ohio cur- very few in number.
In fact among the principal shares
ments.
and
These belong in a distinct
there
is
September,
known
ferred,
INVESTORS'
1868.]
oar market*, the Alton
to
k
Ohio
Mississippi preferred,
Pituburg preferred,
Richmond
k
k
New York Susquehanna & "Western preferred,
Coal k Iron and New York k New England
preferred,
Tennessee
On
Terre Haute pre-
Caicego S\ Louis k
Weu Point Terminal
SUPPLEMENT.
the Chicago St. Louts
dividends began to accrue
dste therefore foots up
property
is
k
May
Pittsburg preferred stock
and the total to
The cumulative
18S3,
1,
30 per cent.
e'early expressed in the share certificate,
from
which we quote as below.
"The owner hereof la entitled to dividends each year. If earned, to the
seem to comprise about all there are.
extent of alx per cent per annum, or to much thereof as may be earned.
Teiminal
Richmond
prepayable
eetni-annu.Uy on the first days of May and November, in preferof
the
conditions
and
terms
The
ence to the paymentt of any dividend on the common stock. Sue
8uoh dlvlnative at
»t the rate of alx per oent per annum from
ferred stock are not generally known, so it may be well to deinl« shall be cumulative
ithuut Interest on delayed
May 1. 1883, but without
dela
payments, and dependent
In the certificate the preference is stated as on profit* aa the same ahall
shall be declared
declated by the 'board
board of director*, aad
cite them.
and it
preferred would
'
hereby declared to be the duty of the board of director* to determine
if any, may be due, upon the conditions named herein,
ipoaailble after the first of January In each year. In eaae the
s In atiy six month* applicable to the payment of dividends aa
herein provided do not amount to one per cent on the amount of outtrend Ins preferred stock, aoeh net profits shall be carried to the credit
1*
what dividend,
follows.
This stock "I* preferred and entitled to receive a dividend of 5 per
•xtittrunoni fr-m the Bret d»y of January, lc 87. upon toe face
bi thereof, before any dividend whatever la payable on the eom1 (took of said company, and to participate proportionately
Mr dividend* after the payment of S per cent upon the comTola preferred
aaaa capital atock of aald aonpeny.
•Seek and the pi B lot ted dl vateada thereon are aeeared by a certain In
(of truat dated D- comber 8, 1888. made by the company to
Tied fill P. Olcott. Alfred Solly and Jamea B. Rice. The asks dividend*
ahall be payable semi-annually, July lit and January lit In each year,
sad ahall be aocumulaUve."
In the esse of the Ohio
it is
k
Mississippi preferred shares,
important to state the terms of the preference, since
the claim to cumulative dividends
disputed by some of
of net profits of the six
month* following."
We have state d above that the cumulat ive feature was not
popular amc ng railroad managers, and that in
ganized companies
it
firming that remark,
Denver
k
is
new or reor-
very rarely introduced.
we may
Aa
con-
refer to such companies as the
Rio Grande, the East Tennessee, the Lske Erie
Western, X he Duluth South Shore
k
&
and the
The stock wss considered Toledo St. Louis k Kansas City, all of which have prethe common stockholders.
cumulatire for some year*, but more recen Iy the common ferred stocks outstanding which in no esse bear cumulastockholders have united and appointed a commit'ee tive dividends.
In the matter of income bonds it is much
intending to oppose in the courts the claim for dividends the ssme, and the Philadelphia k Reading, Texas k Pacific,
from 1877 to date. At the last payment en these share, Ohio Southern and Wisconsin Centra', may be cited aa
was in March, 1876, they would now bear 87^ per cent of some of the companies recently organized with bonds of that
accumulated dividends. The certificate reads as follows: character in which the claim to interest is not carried on
*«*J««fe-!-L« **•>«- V^SaRES; from year to year. Occasionally, however, it happens
of the eorporatl -a. attar lie lade
"
ty
is
Atlantic
*"
b* entitled to recetv.. from the aet
_ ny 7 per east
annum, payable aecul aannually, and to have aoeh Interest paid In
tar wash and » vary year before any payment of dividend upon the
aaaa m on stork; aad •haaar *r the n-t earnlaa"
t to pay both aald InUre.t of 7
par real dividend ...
the preferred at or k la fuU. aad
ttoek for tb* rear la which utd not earn rap are so applied.' then the
ahall be dlvidad equally. <fcc
K
that pre'erred stock will be issued foi special purposes,
on wl ich dividends are made payable in full for esch and
every year. Thus, when the New York k New England
i
wanted money a few years ago, preferrtd slock was issued
wim some of the creditors and the right to
In the matter o: the St. Louis Alton ft Terre I [ante
dividend* made cumulative presumably, so thst the pesi.
already
referred
to, as only -4 per cent
preferrtd shares,
was paid in 1886, Dotting in 1887, aad but 1 J per cent in tion of the holders under it might teem correspondingly
stronger.
So in the case of tbe Tennessee Ccal k Iron
1888, it would seem that over 17 per cent of dividends
i
in settlement
—
remains unpaid.
The
provisions to which these shares are
preferred
shares, the
c umnlative
feature
was
put in as an
abject are given below.
dividend* at the rate of 7 per cent per
l*r .in
the Brat day of May la each year, out of" net
aaraiaraof tharompajiy. for each rear eodlacoo tb* 3 1st day of Deeaaabar prevkm* to each flr t day of May. after aattafylu the tatsrea
Ha bond* and the coetnbo.ton. to Its etakln« fund: and In re** aald al
d. vidaade eaaaet be refalarly earned aad paid, aa above •tlpuUted. all
arrear* *•* to be paid a* aooa and aa faat aa the net Income of the eu
any wUl allow, aad no dlvidead la to be made aa the itrneral stock of
tee company unul aU *ucb arreare have beta paid."
"This etoek
Company
la entitled to
extra inducement, and for tbe same reason
the rate of dividends was fixed very high
8 per cent
—
ana, payabla annually on
The ordinary income bonds
of the Louisville
New Orleans
k
Texas are not cumulative, but the second mortgage
bonds, which are alio an income bond by their nature
—
that is, sre dependent upon earning**
begin to accumu.
Susquehanna k Western preferred shares are late interest with the first of September, 1888, and the
The new second mortlikewise cumulative, aad dividend* began (o sccrue July arrears bear 5 pei cent interest.
gage bonds of the Mexican National are also incomes, but
1, 1882, so that tie smount in arrears is 36 per cent. Toe
terms and conditions attaching to this stock are sot out in divided in two series, of which series A are cumulative
and series B not. The Western New Ycrk k Pernsylvania
the sur joined extract.
New York
"Th* holder of
tola preferred stock ahall be entitled to receive
from the
act earning-, of lb* company dlvldacda of •' x par oaat per annum, which,
tefo>fanlt,arecuiuulatUe,
"i «. •*»... —.^ v.... ..,,.. r, au,i
tm
and to
hi have
IWTC aueh UIRH1MU,
dividend*, with
Vila |U
all
i,
!»
before the declaration or payment
.
arrearara*. If any. paid tn fall
dividend apoe the eeat naoa atock.**
of
any
seconds are likewise income bonds in the ordinary sense
but the company has the right to psy interest either wholly
or partly in scrip for a term of years.
*
(
.
:
:
:
:
:
:
STOC K AND BOND
T ABLES.
NOTES.
These
"
tallica art-
expressly Intended to be lined In connection with the Information concerning Investment matters published from
reports are In black-faced figures.
we
week In the Ciikoni. k— to which an Index Is furnished In the remarks on each page. Annual
The following will give explanations of each of the columns of the tables below
i
M. for "mortgage;" s. f. for "sinking fund "
given under the lessee's name. Abbreviations used are
Detcnption.- Railroads leased arc somet
L gr. tor "land giant;" r. for "registered;" c for "oonpon;" c* for "coupon but may be registered;" o. A r. tor " coupon and registered;" r.
for "branch:" guar, for "guaranteed;" end. for "endorsed."
PaU of Bona:—The date of Issue is referred to In this column.
MiU» of Road.— Opposite sticks, this means the miles of ro»d operated opposite bonds, the miles covered by the mortgage.
or Par Value.— These liguies are dollars, showing the denominations or par value. The figures "100, Ac," signify $100 and larger.
Mate Per C< nt. The interest per annum is given for bonds, but the per cent of i'a*( dividend for stocks g means gold x. extra s. stock or scrip.
IFArn rayahlr.—J. A J. stands for Jan. A July; F. A A.. Feb. A Aug.; M. A 8., March A Sept.; A. A O., April * Oct; M. A N., May A Nov.; J. AD.,
June A Dec.;
J., quarterly from January; Q.— F., quarterly from Feb.; Q.— M.. quarterly from March.
"
in this column shows the period when the principal falls due of bonds, but tho time
Bond, vrinrijml when otic
ave ; Stock*,
Stocks, last dividend.dividend.— The
Tb date
lien the last dividend was paid on stocks
:
I
;
Aw
;
;
:
Q—
I
UNITED STATES BONDS.
Author-
DESCRIPTION.
4s of 1907, coup, and
Currency
izing
Act.
INTEREST.
Size or
Amount
par
outstanding.
value.
-
Sept. l, 88.
Rate.
When
Where payable and by
whom.
pay'ble
1870 A '71 $50Ac. $"09,367,250 4, ooin. Q.-J. C.
50Ac. 220,014,350 4 1s, coin. Q.-M.
1870 A '71
50Ac.
14,000,000 3, coin. J. A J.
July 1868
6
J. A J.
64,623,512
r J'y*62A'64 lOOOAc.
reg., Incl. refund, oertfs.
6s, Issued to Pacific railroads
All the Government bonds except the currency sixes are redeemable
In coin, the sort of coin not lining specified. The fours and four and a
halts are issued In bonds of $50, $100, $500 and $1,000, both coupon
and registered Issues, and the registered bonds also in pieces or $5,000.
$10,000, $r0,( 00 and $50,000. The United States currency sixes are payable in "lawful money," all registered, issued in pieces of $1,000. $5,000
8.
Treasury
do
do
U.
8.
Principal—When
due.
A Sub Treas.
July
do
do
Sept.
Treasury.
1,
1.
1907
1891
1895-6-7-8-9
and mature as follows: $2,362,000 Jan.
$10,000,
16
18H5; $640,000 Nov. 1, le95 $3,680,010 Jan. 1, 18i)6; $1,320,000
1, 189«; $9,712,000 Jan. 1, 1897, $29,904,952 Jan. 1. 1898, and
$14,004,560 Jan. 1, 1899. The Interest on registered bonds is mailed
by check directly to the holders or to any address requested by the
]
and
I
Feb.
;
j
I
registeied holders.
STATE SECURITIES.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In tbese Tables.
DESCRIPTION.
Date of
Size or
Amount
Bonds.
par
Outstanding
c
Value.
Alabama— Substitution bonds
(A) ($7,000,000).
$100Ac.
1876
Bubttitut'n b'ds for RR. (B) ($596,000)
1876
100 Ac.
do
for Ala. A Chatt. <C) ($1,000,000)
1876
100 Ac.
Funding "obligat'ns" (tax-rec'ble 10-20 yrs.).
1880
Arkansas— Funding bonds of 1869 and 1870.. 1869 to '70 1,000
Funding Bonds 1870 (Holford)
1870
1,000
Levee bonds (or warrants)
1871
100 Ac.
Old debt, Including interest to 1884
1838 to '39
1,000
T" Memphis a- Little Rock Railroad
To Little Rock A Fort Smith Railroad
To Eittle Rock, Pine Bluffs A N. Orleans RR.
To Hiss., Ouachita A Red River Railroad
To Arkansas Central Railroad
•California— Funded debt bonds of 1873
Connecticut— Bonds (sink, fd.) not taxable. .c&r
Bonds, reg.
do
do
Bonds, coup, or reg
Bonds regis! ei ed (redeem at will)
r
XJetowore.— Refund'g bds., series " B" A "C" ..
Bonds, redeemable after June 1, 1895
.
Bonds
School bonds, held by school fund
Vist.of Oolum biar- Perm't lmp't, gold, coup...
Permanent improvement bonds, coupon
for fund'g (Act June 10, '79) coup, or
Bds
rei
Fund, b'ds (U.S. guar.,ActsJune,'74AFeb. ,'75)
fi
.Market stock, registered and coupon
Water stock bonds, coupon
"Wash, fund'g, (gld,$604,100 are M.AN., 1902)
glorida State bonds
c
Gold bonus
Georgia- Quar. g. bds act of Sept. 15, 1870.CJtr
Bonds, act of Jan. 18, '72
c&r
Bonds to fund coupons on endorsed bonds. oAr
Bonds provided for by 4>« per cts. below. .c*r
Funding bonds, Act Dec. 23. 'p4
c.fcr
Refunding bds., $100,000 y'rly '98 to '16 cAr
—
,
State University Bonds
Indiana— Temporary loans held by banks..
School fund bonds (non-negotiable)
Soman— Bonds, $559,000 held In State f ds
Kentucky— Bonds, gold
Military bonds
r
1869
1870
1870
1870
1870
1873
1883
1884
1885
1887
1881
1885
1887
)8»1
1872
1873
1879
1874
187?
1871 to '73
1872
1871
1873
1870
1872
1876
1877
1885
1888
1882 A '83
K-85 A'87
1867 to "H7
1866 to '75
1884
18(56
1,000
1,000
1,000
1,000
1,000
500 Ac.
1,000
1,000
1,000
1,000
1,000
),000
1,000
500 Ac.
100 Ac.
100 Ac.
50 Ac.
50 Ac.
1,000
100 Ac
100
100 Ac.
1,000
500 Ac.
1,000
1,000
1,000
1,000
..
100 Ac.
1,000
l.i
'00
$6,747,900
539,000
953,000
954,000
1.255.000
1,268,000
1,986,773
2,575,063
1,200,000
1,000,000
1,200,000
600,000
1,350,000
2,698,000
500,000
1,000,000
1,740,000
5i0,000
215,000
120,000
2SO.0OO
156,750
3,031.600
515,600
920,400
14,033,600
144,900
375,000
1,560,350
272.100
774,700
2,098,000
307,500
542.000
2.141.000
3,392,000
l,H00,n00
254,000
2,025,000
3,904,783
815.000
500,000
174.000
Alabama.—The "A"
bonds bear 5 per cent after 1896. Alabama
dk Chattanooga endorsed bonds were exchanged for $1,000,000 of
the new bonds, Class 0. In 1880 the new 6 per cent bonds were
Issued to retire old 8 per cent " State obligations."
Analysis of the
debt and funding of 1876 was given in the Chronicle, V. 24, p. 28.
For the $2,000,000 of State 8 per cent bonds issued to the Ala. A Chatt.
BK. under act of Feb. 11, 1870, the State gave the lien on the lands
to that railroad, 500,000 to 1,200,000 acres. ThelO-40'sof 1880,
Sranted
ue in 1900, may be called at par after 1890. The assessed valuation of
real estate and personalty in lf-83 was $158,518,157; In 1885, $i72,o28.933->tax rate *6 per $1,000; in 1887, $J14.925,869— tax rate,
$5 50; In Is 88, tax rate, $5.
Arkansas.-The State Supreme Court decided Levee bonds of 1869
and 1870 invalid nor are the Holf oid or the Railroad Aid bonds recognized b\ the State. The State is In default for Interest. In Jan., 1883,
a decision was made by the U. 8. Circuit Court, substantially holding
the railroad companies responsible for the State bonds issued to them,
tmt this was reversed and the case appealed to U. 8. Supreme Court.
The following are official assessments and tax rate per $l,0u0
Real Estate.
Personal.
Tax Rate.
;
1884
1885
Rate.
4
INTEREST.
Where Payable and by
Payable
Whom.
When
J.
J.
J.
5
4
6
6
J.
J.
6
7
6
7
7
7
7
7
6
g.
3i«
3is
3
3»a
4
4
A
A
A
A
A
J.
J.
J.
J.
J.
J.
J.
A.
i" J.
A.
A.
A.
A.
A
A
A
A
A
A
I. A
J. A
J. A
A. A
M. A
J. A
J. A
Am. Exch. Nat.Bk.
do
do
do
do
Montgomery.
N. Y.,
J.
O.
O.
O.
N.
J.
D.
3
6
July 1, 1906
July 1, 1906
July 1, 1906
Jan. 1, 1900
1899
1900
1900
1860
1899
1900
1900
1900
1900
O.
O.
O.
J.
J.
J.
Principal— Wnen
Due.
April,
Sacramento, Treasury,
do
do
do
do
do
do
do
do
Phila., Phila. Nat. Bank,
do
do
do
do
A J.
A J
5
A J.
F. A A
365
J. A J.
7
J. A J.
7
««• J. A J
Jan. 1
6g. J. A J
7g. Q.-J.
J. A J.
7
J. A J.
7
6
J. A J.
413
J. A J.
i * J. A J.
1893-94
Jan., 1903
Jan.
1,
1903
Oct. 1, 1910
May
1S97
1,
A19C6
July
1, '91
1, 1905
1, 1907
July 1, 1906
July 1, 1891
July 1, 1891
July 1, 1899
Aug. 1, 1924
June
June
Wash, or N. Y., U. 8. Treas
do
do
do
do
do
do
do
do
July 26, 1892
do
do
Oct. 1, 1901 A '03
do
Julyl,1892A1902
do
N. Y.,Park Bk. A Tallahassee
Jan. 1, 1901
do
do
Jan. 1,1903
N. Y., Fourth National Bk.
Oot. 1, 1890
do
do
May 1, 1892
do
do
July 1, 1896
do
do
Jan. 1, 1889
New York A Atlanta,
July 1, 1915
1
do
do
Jan.. '98. to 1916
1932-33-34-35.
Various
do
do
7
N. Y., Wlnslow, L. A Co.
April 1, '90 4 '95
3 A3»s
Various
do
do
6
N. Y., First Nat. Bank. July 1.1889 to '99
7
J. A J.
4
New York City.
J. A J.
1905
Frankfort, Ky.
6
J. A D.
1896
|*
J.
J.
J.
1901. In addition to above, $83,000 is due Delaware College. There is
no State tax levied, nor assessments made.
District of Columbia.— The interest and sinking fund on the 3-65
bonds are provided for by Congress, and the amount is limited to
$15,000,000. Real and personal estate, Ac. assessed as follows 1885,
:
real estate, $93,491,891: personal, $12,715,686: tax rate. $15: in 1887,
real estaie, $112,300,000; personal, $12,000,000; tax. $15 nor $1,000;
in 13^8, real estare, $111,744,830; personal, $10,943,458; tax rate, $15
and $10 on farm laud.
Florida.— The sinking funds Feb., '88, held $228,200 bonds. Of above
bonds the school, Ac., funds held $635,500, leaving outstanding
$411,800. Coupons of all bonds are receivable for taxes. Reai and personal property assessed in 18S3, $>5,008,560, tax rate *4pe- $1,000; in
1884, $60,042,655 tax rate $4. Assessment in 1886, $76,611,409 tax
In 1887 tax rale $450 per $1,000.
rate, $4,
;
:
Oeorgla.— Totil debt
31, 1887. $8,734,500. Arter 18 87 State
pays off $100,000 annually. The constitutional ameuduieut in 1877
declared voiu several Issues of bonds and railroad endorsements. The
4^ P- 0. bonds, of 1885 were sold to take up other bonds maturing in
1-85 and 1886. Tax rate in 1887 $3-77 per $1,000. Assessed valuations have been
Personalty.
Railroads.
Real Estate.
Years.
i»ee.
$81,649,415
$50,403,842
$7
82,273,0H5
52,13 1,530
4
18ft (one county missing).. 85,531,185
53,775,852
5
$22,188,901
$174,452,761
$120,432,609
1884
—(V. 44. p. 421.)
23,000,294
179,946,059
119,200,739
1885
California.— The State holds in trust for School and University funds 18-<7
127,6513,112
24,899,592
188,912,217
$2,364,000 bonds of 1873, leaving only $ (34,000 In private hands.
—
(V. 46. p. 771.)
Assessed valuations and rate of tax per $1,000 have been
Indiana.—There are also outstanding $3 10,000 5 per cent bonds
Years.
Real Estate.
Porsonal.
Tax Rate. due 1901, held by Purdue University; $144,000 8tate University bonds
1884
$654,990,072
$166,614,631
$152 held by Treasurer, and about $18,000 miscellaneous issues of bonds.
688.311,102
5-44 Valuation for 1886, *793,526,079, Valuation for 1887, $79 4,696.597
171,201,282
J885
1886
6>4,50 1,568
5-60 tax rate, $1-225: poll tax, $050. Total debt Oot. 31, 1887, $6,430,608
151,937,132
1887
759,980,601
165,475,238
608
Kansas.- Kansas has ion a small Stat 1 debt, but the issue of municipal
Connecticut.—The debt of Connecticut was all created originally for bonds was estimated at about $25,000,000 Jan. 1, 1888. Population in
war purposes. Assessed valuation and tax rate per $1,000 have been
1884, 1,135,614; in 1887, 1,500,000. The valuations (*aof true value)
Kenl Est. A Personal
_ 2J?**Tax Rate. have been
.-
$349,177,597
349,7*5.773
Jff*
1886
v
—
"^
Real A Per.Prop. Tax per $1 .000. Tot, Debt,
$830,500
$^77,113,323
$4 10
815,000
4 10
353,248,333
sinking
fund
held
the
Kentucky.— Against the bonds as above
$711, 150, Sept., '87. Valuation lul884, $377,888,542; inl885. personal
valuation,
$390,827,963,
$96,838,919; real estate, $293,939,044; total
$^00 Years.
125 1886
tate '" ftbout 70 per oent of the true value
Vof44i Jo* v° °47
"e
I
r *'~,?j, ll,e
a *.£,} 8
8300,000, redeemable
T„u* 1886
?J3." to 1891; series
k "0," $165,000,
£.hJ*£ tm "*•"
July,
redeemable July, 1891 to
f
18-8
.
September,
.
..
STATE SECUKITIES.
1888.1
subscribers will cooler a great fttor by string
DESCRIPTION.
lmmedUle
Hre' I »«,« of tables.
Villi,-.
£<mtria»o- Relief of State Treasury and uu.ee L
...
Bonds In aid of Tarions railroads
Bonds to Bosof A Crocodile Navigation Co.
do to Mississippi 4 Mexican Oulf Canal
do school, held by St Treasurer
do to N.Orleans, Mobile 4 Chatt. RR ....
do to N.Orleans. Mobile 4 Texas Kl:
n. O. Mob. 4 Texas RR. bonds, end. by State
Consolidated faaded bonds (stamped 4 per ct)
.
.
oms
643.115
162.000
80.000
6
730
l-G-.t
1.
000
2t'.t>.ooo
1.000
1.000
1,000
48.000
70,000
6
3*00.000
l.lRtO
875.000
8
8
Maryland-Baltimore 4 Ohio Rallr'd. sterling
Chesapeake a Ohio Canal, sterling
Railroads and canals
-Bounty Fund
do sterling
Loan, sterling
309,485
31.089
989.000
1-7-
500*00
e-Avj
1-t.i
500 4c.
1390.829
4*79.500
c
1-tH
c'Ar
1800
41004c
4300
49004c
4,022.049
1.0O3.419
569.538
to
til
500 4c
1*06*00
49004c,
3.618.243
J500
rood
130)
900.000
1871
l.ooo
1300*00
1877
1800
10,000
5.000
t..-6:)
l-Tl
sterl'g-.c'ar
rt'f,.e*Ai
— Vdsc'at 1873187574
to
d'r
da
do
c-ar
6*4*
1*00
870.000
900,000
3.618.739
300.000
1.000
1,000
1.100.000
isoo
1*00
1399355
331*00
1.000
Adt
t bonds, (1O-30. red. "92)
JTm>
gtiasown -University and Lunatic Asyliu bds e
1.000
Penitentiary I
~ «k stock refunding
l'.ooo
1874
1854-68
North Miaaoarl Railroad..
1,000
e 1837 to '59
1.000
to Cairo 4 Pulton Railroad
Railroad.
1850 to -60
lo Platte County *
1.000
elS54to'59 1.OO0
to Iron Mountainj Railroad.
e 1853to'5»
Pacific Railroad of Missouri
1*00
1-7*
e
1.000
r i-'i ,* -:
S-SO years
1.000
1874
1.000
Hannibal 4 St. Joseph Railroad, renewal..
1-77
e*
f«*ro**»- Bonds (act Peb. 14,1877)
1*00
1864
1.000
Knr liamptkirr War loan, coupon bonds
1671
100 4c.
Municipal war loan
1970
1*00
Loan of 1*79 for refunding
l.OOU
1878
Prison loan, t 14*00 payable yearly
1863
100 4c.
Htm Jtrtg - War loan bonds, tax free
taxable
1864
100
do
4c
do
1875
100 4a.
Jew rsrk1-71
fader
7,8ee
of
Oou-J
debt,
Art.
3.
100
4s.
Canal
{
1874
100 4*.
rear .stock. IstttaUoa.
—list roads)
l.llOO
1886
9365.000
ilo
at Railroad
car
Loan
*
<m
Erie allread, steri-g.e-.tr i 8.;- to
..c'Ar 1874 si
Improvement
neat (S-30s>
Boston Hartford
Harbor Land
:-.
Lnn.Hos "
llnspltal.,Wt
••:„.•;
IJ'"'
76
4 77
1-7V70
1874
..Car
Cat
1875
1865
1881
1 -.'..t
I
w
5 years. 3
June. V-h.:. s
.
liMnl
t
in pi ace of
percent for 15 years
..imtltutlonal
Das.,
669.000
150.000
3*06.100
593.400
473.000
1*74*00
1*98.000
03*39*00. Market ratas
:
-
w 038.368.781 to nnprodocU ve sssarlttos. which
on acsuwat of Cwraspsak s 4 Oato Canal.
The
for
•
st,
Real
new
eertlnnatea of Inredeemable la 10 years.
4
Tax par 01 .000
133.144
1
176
—7
i-
•
990*11
999.ni
j.
J.
J.
Quarry
1J.-J.
4 O.
J.
4
4
A
J.
J
J
M i N
M.
J.
,
fundable,
per r.'i>,.rt nf
Jan. 1, 1888.
,
3300.000
4N
4
Aug.
4
Orleans.
Boston. Suffolk B'k
Boston, Treasury.
Banng
do
do
J
Various
New
Augusta and Boston.
London, Bating Bros.
do
do
Bait.. Farm. 4 Merch. Bk.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
London,
1911
April,
873.000 ,
i"j. N. Y., Wlnslow, Lanier 4 Co
A.
A.
J.
J.
4-.IMIO
Bros.
do
do
Boston, Treasury.
Jan."."l9l4
1887 and 1914June 1. 1889Oct 1, 1889
Jan. 1, 188»
Jan.
1889>
1.
ls;K)
April
180O
1 ,
l-'.K)
Jan. 1. 1K!K>
April 1, 1890Jan. 1, 1899
Jan. 1, 1893
1900
May
May
4 190X
1894,
1,
1,
1.
1894
July
1889
Oct. 1888 to "90
April. 1891 to T>«
J.
J.
llil
800,000
'
personal properly. 1883, O810.000.jotl, and In 1486 and 1887, 0945,.
**0*0.i; In '83. tax rate, ptr 01.000, 0183; In 81, 01 10*,!
'80,
«
vtliinesota.
AlltheoldStatebonds fonnerly held by the permansn
school fund have been redeeiued or exehsngad for -mxs. Mlnnesotatefused for aoms years to reoognlse ths" Slate Rallma.1 Bonds" of 1858,
to Urn amount of 03,375*00, but a proposed oompromlse with ths
b«htors was provided for la 1881. and was carried out by the Issue of
2?** bonds. Sinking fund assets Jan. 1. 188*, aboos
01.675.000. Taxable valuations and Stato tax par 01. 000 hare bean :
^"-iXU*
.
of boads la tas singing load. 01.184*63. On lag 1*87. la accordance
with a asw law, aU Stato
4* of Maine boads to the slaking fund ware can
•ailed.
Tax rat.
I06O, 03-OI par #!.«»• of valuation of 187o;
1881413. 04-RO; 1883-84. 0100: IS^MI. #3 73 oa valuation of 188 1
•*. «3 73 on saaas valuation.
faryland.
indSvl debt Sept 30, 1887, 0IO.96O.533 ; sink
lag fund assets, 93.1 44*0 V The Stale has largmy asaisted canals and
1.1
I
702*00
giving newboudiist
1888, was
1
70.000
4
4
July, 1898
1872 to 1906
Jan. 1. 1890
1890
1607
July 1, 1910
i-7-.«.
—
Joe debt January
VarloiiJ.
J
A.
O.
Amount* not
:i
449*67
and d>Hn« away with the prortstoo of 3 per r~»t
I after Jao. 1,
for aftora years. In May, 18--. the overdue Interest on the stomped
4s for the j ears 1874 to 1 --o. Inclaalra. amounted to 6175*23. and the
otttotaading U K warranU for
to »473*rt:<. Toe
•anstttatlon of I87» llmtu the power of taxation to « wills oa theiralu
._
aslon. of which only 3 mills may be appropriated tar interest on the
debt; la 18*4 IV. mills sufficed to pay 3 per seat bat for 1885 a rate of
2% was made oa a total taxable rabsattoa of 4313.735366. A suit by
the State of New Hampshire a 1 nst Louisiana as assignee of her bond*,
was dactded In faror of
oy the U. 8. Opera sna Court.
Tfalas.
111*00
K'5.000
to.ooo
260.000
due.
Jul}", l--.il
4 J. London. Baring Bros.
4 J.
Jan. L 1896
do
69
I I
July 1, 1884
J. 4 J.
Boston, Treasury
J. 4 J.
J'uv 1. 1896
do
do
M.4 8.
do
Sept 1, 1897
do
do
A. 4 O.
April 1, 1890
do
i i J. 4 J.
London,
Baring
Bros.
Jan. 1. 1900
5« J. 4 J.
Boston, Treasury.
Sept 1, 1890
5«Tssiem
Boston, Treasury.
Jaul.-OA-Sepl/OT
I* Various
do
Mr
do
LOSBerl.-JB
2* J. 4 J. London, Baring Bros. 4 Co. Jan.
1, 1800
?« M.4 N N. Y., Am. Exchange Bank
May 1. 1890
4%
4 J N. Y. City. First Nat Bk.
1911
6
4 J N. Y., Bank of Commerce. July 1. 1892
do
6
4 J.
April 1, 189ft
do
6
4 J
April 1. 1894
6
4 J
Oct. 13. 1888)
6
4 J.
do
do
IBM
do
1— -to -90
6
4 J
do
6
4 J.
do
1889
6
1—
4 J.
6
4 J
July, 1894 4 -90
E
4 J
34
190o-7-o
6
do
do
1894-5-6
4 J
N. Y.. Koontaa Bros.
8
4 O.
April 1, 1897
6
4 8. Boat.. Bk. Cvmw'lth 4 Con
Sept. 1. 1889
6
do
4 J.
do
Jan.. -92 to 1900
5
do
4 J
do
July 1. 1889-wS
6
do
4 J.
do
Jan., 1889 to "91
6
4 J Jersey City and Trenton, Jan., 1889 to "90V
do
6
4 J
do
Jan.. "97 tolOOB
Oct., 1 1893
2"- A. 4 O V. Y., Manhattan Co. Bank,
do
do
July 1/ 1891
2* J.A. 44 O.J.
dO
Oct. 1.1893
•iiii|.ti<>!li r • ObbC*.
3«i J. 4 J. .-•»••
8100,000. Tear! ji
61:
Hearing 3 percent
and 4 percent afterwarda. In
m.\
s»
6g.
too
400.000
42.000
J.
i
Vailons
5g.
7.n.«i.<».o
.
i
S«
S«g
-.*o:.ouo
.664.372 real esuus. $.93304330; la 1887
la 1866. personal.
.'J,»08; real estate, 0351
narssnsl. si
19*33.
3
6
S
438*00
143*00
143*00
l
I
3 65
946.000
I
W
6
80.000
.
•
6
1 .500*00
BH
Laolslana.
rrnrMed fur a new bond
•
998435
63*09
18-6
Tniy AO.KR.sterT*109.49«dueOet..>8 fir 18.'.•»216,J00dueApr..-91 s*A* I8tn
do
do
3348.880
3,000.000
c
I
do
.7..2.O0O
2,197.000
1.752.229
1637
1839
r
lo
1
4
Valium*
4 J
M. 4 8.
J.
J.
4 J.
4D.
4 O.
$*• J. 4 J.
S J. 4 J.
l
4 J
A. 4 O.
5
2,4.3
6
6
1,386,444
500 4c.
100 4c.
1838-47
Eastern Shore Railroad
Baltimore a ftaanuehanna Railroad.
Baltimore 4 Snsuneaanna Railroad.
Annapolis A Elkrtdge Railroad
Defease redemption loan
relief loan. 10-13 years.
Exchange
t |. sn of 1886.
do
7(4)
1838
1838
o
.
8
100 4c.
Lorn
_
6
8
1 867
1-70
Sm
Bonaty loan
Municipal war deb
War
$500
1,000
1.000
1890
"Baby" bonds, thn
at
1853
Ts-6
1-71
l tea
l-7i
Principal—
oipal When
When
outstanding
For explanation see notes on
any error discovered In these Tables.
INTEREST.
Where payable and by
Payable
whom.
Amount
Size or
Hat.- of
notice of
01871,
1-874
Stato
V'-ars.
Beal Estate.
0307.859.774
}885
J^-f
(Vr-otnl
980398379
Tax
It its.
01-30-
4i.il-
1-SO
83,000.000
130
1-90
8u
M3wS300
1l»sourt,-The tax rate Is Ol-tW per 01*00. Bontls maturing are
funded In 5-30 year bonis. Total Slate debt Jan. 1. H--, was 813.633," "'.Includingjssnool fund and Unlr-rslty oertltlcatcs uf ind. btcduess,
03.ti38.OOO. The Hannibal 4 St Joseph
nsi.l toe Stato 03,000.000
for iu debt but the State refused on Jan. 1. 1-1 J. to nay the coupons
0ft
it. own 6J-.UO0. OOOof bonds.
Litigation between the Stato and ootnpany enaasd. rasulUng In ,i judgment against the company for 0476.049,
.w diis the State on May 11. 18-3; an sppcal to tlic U. 8. Supreme Court
Is yet pending.
The following Is a statement of the ass essed property
In this state on June 1, 1881. 1885 and 1886 (on which levy of 1887
,
RR
,-
.-.
.i.lei
:
1885.
1004.
1000.
Real estate
0.M-.8O3.1 18
049.V2 M.007
0519.771.078
l-.-r-.mal property ....
1- 1. 1.1.1.128
186,423.373
182.070.408V
Railroad property, 4c
4I..VM
«rt,4U.836
49.340337
Total
0728.38J*78
»7*0.3<l.OSl
0751387.S1S
Nebraska.— The Stato sohool fund hold. 0330,307. Assessed vala»t ion of real estate, personal, railroad, Ac. (33 •* per oent of true Talus,
atid tax rats per 01*00, hare been
Vnsrs.
Valuation.
Tax Rata.
:
nssaaektaaatta. rue funded debt Jan.
staking fui,
sent the State heavily, wars sol I to 1'
~
"lOtstesre ai lowed to laeur permanent
*sf sTsrags vahisilsa of tas Ures pre
1,
fl
1888.
f il.t.Vl.f.-il.
and connection., waloh
Pltshbarg RR.
to the amount of 2>a per
ng years.
Total
1*404»3*73
-
Mlektlaraa.-Ths debt Is
sraettoally
pay las boads.
Sinking
Funds.
-
143,033,370
16».30)i.
175,81'..
1888
l«w
I8.'>-
30.131*17
exUngulaasd.astbs sinking fund
Equalised raluaU.a of real aad
07-69>a
7 62'a>
>
812's
Hampshire.—The debt of New Hampshire was created for war
purposes. Ths Municipal loan of 1872 was Issued to cities and towns,
th«
t>« onioesds
pntoeads to be applie
applied to their war del.U. Tntsl valuation In 1880
111 91
in 1-87. 0:41. 841.1117: tax rata
forHtate purposes nearly 61-66 on 61.000 of valuation; average tas
rats for all purposes, 013-80.
Jereey.-The debt was created for war purposes. Vsinatloa
of real and personal property (taxable) was 0586,1)17360 In 1887.
i
',680
-•9,680
4S saOsstoat assets to
«12tl.01
titles In
i
.013S«v433.712«1.3-7*00.900 837.
!$82
'•"- 1
Mew
.
I
:
:
: ..
:
I
SUPPLEMENT.
INTESTOKS'
[Vol. al-VII
subscribers will confer a great favor by giving Immediate notice of any error discovered In these Table*.
DESCRIPTION.
Date of
Size or
Amount
Bonds.
par
outstanding
Carolina— Fund, b'ds (coups.tax-reo'ble)
Old bonds not f uuded
Bonds to North Carolina RR fundable. old
Bonds for N. C. RR- issue (tax receivable ops.)
RR. bonds not fundable (Clint ham and W.AT.)
Penitentiary bonds, act Auk. 24, 1868
Special tax bonds (in 3 classes)
1879
$50 Ac.
500 Ac.
1,000
1.000
1,000
1,000
1,000
.
.
Ohio— New 3» loan ($250,000 y'rly after 1880)
Ptrmnlruniu— Reg. bonds, tax fr. (red'ble'92).
Reg. bonds, tax fr., due 1904, red. after 1894.
r
Loan of 1882 ($1,754,000 are3>»»)
do(inl0ser.)<$360,OOOare3»«B,due'88-'89)
Agricultural College land scrip
Rhode Island — War bonds
0*
o
War bonds
South Carolina— State House bonds. )
Funding bonds and stock
> fundabl e
Blue Ridge Railroad bonds
)
Oonsol. bonus and stock (Brown)
Refunding bonds and stock
Jm«a»«- Funding bonds, act of 1873
Bonds registered, act of 1873
Held by E. T. University (not to be funded)..
Compromise bonds (act of May 20, 1882) ....
Settlement bonds, act of March 20, 1883
do
5 A 6 per cents.
do
Texat— Funding State debt (act May 2, 1871)...
1879
1868
....
1877
1879
1882
1882
1872
1^63
1864
1853 to '61
1866
1854
1874
1888
1874
100
100
50
50
1,000
1,000
1,000
50 Ao.
1.000
500 Ac.
500 Ac.
1,000
1,000
1,000
Various.
1882
1883
1872
Ac.
&c.
Ac.
Ac.
500 Ao.
100 Ac.
100 Ac.
1,000
Frontior defse, gold, act Aug.5,'70(red'ble '91)
1871
1872
1,000
Revenue deficiency bonds, act Dec. 2, 1871..
1874
1,000
Bonds, act Mar., 1874 (lor paying float'gdebt)
1876
1,000
Redemption of debt, act Aug. 6, '70
100 Ac.
Bonds, act April 21, 1879
1879
Bonds, act ot 1885
1885
Virginia— Old bonds, 2 3 fundable
1851 to '66 500 Ac.
Old bonds sterling 2o fundable
Oonsol. (act Mar.^71) coup, tax receivable
reg.. eonv. into coup.
do
do
do (act 1872) "Pealer," cp. not rec'ble..
" Pealer," reg. and certifs .
do
do
Deferred certilioates (W. Va.)
cAr
1C -40s, act.March 28, '79
.
do
do
sterling
"Rlddleb'r" b'ds, 18-508, acts
'82.
A '84..c*r
1851
1871
18'.
1
1872
1*72
1871
1879
1879
1882
*100Ac
100 <&o.
100 &o.
100 Ac.
Various
100 Ac.
$3,096.5=6
2.014,300
202,000
2,593,000
1.180,000
44.000
11,366.000
3.040,000
5,233,500
1,848,400
6,861.100
999,600
500,000
609.000
732.000
152,463
24,050
51,000
6,139,954
400,000
4,200,000
397.000
2,014,000
11,628,400
1,355,300
65,200
499.000
467,000
288,000
1,647,000
1,068,900
200,000
1,668.126
507,203
13.013,700
\
1,20.1,530
305,000
526,717
12,691.530
6,570,300
255.700
3,558,174
565,500,687 in 1885; $554,828,114 in 1884; $548,495,069 in 1883.
ftatc school tux for 1-S7, $2 48 per $1,000.
New York.— 1'he financial condition of the State has been fortified by
the payment of all debt except as above. Niagara loan bonds are held
State in its trust funds. The sinking funds October, 188 7, amounted
to $3,9: 2,129. The new Capitol building has cost the State thus far
817,914,875, paid for by taxation. Valuations and State tax rate par
$1,000 in 188 ( and for four years previous were
Real estate.
Personal.
State tax.
by
1880
1884
1885
1886
1887
$3-50
$2,315,400,526
$322,468,712
2,669,173,311
345,418,361
2-571S
2-96
2.762,348,000
332,383,239
2-95
2,899,899,062
324,783.281
„
2-70
3,025,229,788
335,898,389
North Carolina.— Interest was paid up to January 1882 on the
bonds issued to No. Car. RR., as the State holds $3,000,000 stock and receives dividends thereon. The old North Carolina RR. eon si ruction
bonds are exchangeable for the new 6s, due 1919 (see V. 35, p. 132). and
many holders have already so exchanged. The funding law of March 4.
1879, provided for funding old ante- war bonds at 40 per cent of the face
value " New " railroad bonds recognized as valid at 23 per cent funding bonds of 1866 aad 1868 at 15 per cent. Nothing for overdue coupons. Coupons of the new bonds are receivable for taxes. The term
for funding ended but has been oontinued till March., 1 889. If
•llwere funded the new 4 per oents would be $3,609,511. Special
tax bonds were ignored; also bonds to Chatham RR., 1868, $l,03o,000,
and to Wllliauistou ATarb. RR., $150,000, and for Penitentiary under
acts of 1868. The special tax bonds are in 3 classes, class 1. bearing
the coupon or April 1869 and since; class 2 of Oct. '69; class 3 of Apl '70.
In Juue, 'b7, U.S. Circuit Court decided the suit of speolal-tax bondhold
holders, and the case is now in the U. S. 8upreine Court. A settlement
on the basis ot a new 4 per cent bond is proposed, though the chance
of success is considered remote.
Assessed valuutlon of real estate Is about 60 per oent of true value.
Valuations and tax rate per $1,000 have been
Years.
Realestate.
Personalty.
Total val'atlon.TaxS $1,000
1882....
$108,988,184
$71,389,311
$180,377,525
$250
1883....
124,135.377
77.0S7.346
2-50
201,222.723
1885....
126,955.679
82,613,417
2-50
209,569,096
1886....
126,883,382
75,501,351
20i,444,733
250
1887
210,035,453
200
;
:
;
-<V. 44,
p. 744; V. 45, p. 53.)
Ohio.—Ohio has a State debt of only about $3,341,000, but large local
debts, amounting in 1887 to $54,f,43,696, against $-25,957,588 in 1875;
this increase being mainly in city debts. Valuations in Ohio have been
as follows
1 C8tate
Personalty.
Realestate.
Personalty.
,0-.,
Jl"*?
1866. $663,647,f-42 $442,561,379 I885.$l,160.105,882 $509,913,986
1880. 1,102,049,931 450,166,034 1886. 1,173,106,703 515,569,463
1884. 1,145,475,210 528.298,871 1887. 1,185.010,625 520,172,094
—State tax rate per $1,000 for 1888, $2-90. (V. 43, p. 775.)
Pennsylvaula.-Total funded debt Jan. 1, 1888 (including that not
bearing interest), was $15,692,600; sinking fund assets $10,329,547.
Revenue is raised principally from corporations. Taxes are levied on
personal property, which was valued in 1887 at $101,000,000. The
rate per $1,1,00 iu 1886 and 1887 was $3.
Hhode Island.— The debt was all created for war purposes. In
January, 1888, the net debt, less sinking fund, was $639,496. The
tB valu atlon of real property up to 1888 was $328,530,559 tax rate,
•
?2
in 1887,
$1 40 on sRl.OOO.
,
to Car
-*5«J!
™ down »Jlna.— The funding law of Deo. 23, '73, provided for
•owing
the old debt 50 per cent. The consols were again " re187u Tne several acts were passed Dec. 3, 1873, Deo. 24,
fSio
r,
18/8, Dec.
-24, 1879, and February, 1*80.
In July, 1887, there
" 90 8 not y et exchanged, $826,171, less amount invalid.
}
old is".ue8 yet fundable on Oct. 1, 1887, were $452,519.
*£i,,
.7
Valuations
and rate of tax per $1,006 have been:
Personalty.
Railroads.
Tax rate.
rS^io SSS\SSffii
-
I
I
I
|
;
.
i
'
£«? A^V?
,
f|g2-83...
lfUUat"liii" 8 3"-
$,7,009,606
§4'«i1™
87,nn»,538
3
-(V le/p^T !,"^
2
Rat*.
Value.
For explanation see notes on tirst page of tables
tlorth
INTEKE8T.
$41,785,768
48.240,939
46.904.705
$13.76,400
81
42 '836.2S8
15,227 964
15 263 366
IS^l.Oll
5-25
$5 00
550
4
When
Where Payable and by
Payable
Whom.
J.
A
Principal—
3ipal- When
J N. Y., Nat. Bk. of Republic.
due.
1MB
Various Cps. since July '68 uupald.
1868 to '98
Various Raleigh, State Treasury.
1884 to '85
A. A O. N. Y. Nat. Bk of Republic.
April 1, 1919
Cps. since July '68 unpaid.
1868 to '98
a.'a'o. Coup, of Jan '69Asince unp.
6
Oct., 1898
A. A O Cps. A A 0'69 & Ap '70 unp.
6
1898 to '99
J. A J. S. Y., Nat. Bk. of Republic. July 1,'89 to (1)
3
F. A A. Phila., Farm. A Meoh B'k. •92toFeb.l,1902
5
F. A A
4
do
'94 to Aug. 1.1 904
do
3U, ,v 4 F. A A
do
do
Feb. 1. 1912
3ia A 4 F. A A.
do
do
Aug. 1, '89 to '92
Harrisburg, Treasury.
6
Feb. 1, 1922
.T. "i" J. Providenoe, R.I.H. A T. Co.
6
July 1,1893
F. A A.
do
do
6
Aug. 1, 1894
Columbia, State Treasury.
J. A J
6
1877 to '89
6
6
6
6
.
'
do
do
1-87 A 1897
A J.
do
do
A J.
.T'ly 1, 1875 to '79
A J N. Y., Nat. P. Bk. A Colum. July 1, 1893
1L,
A S
July, 1928
A J.
July 1, 1914
6
A J.
5A6
1892, '98, 1900
A J. Nashville, Treasurer.
6
Various.
Nashville.
A J.
Jan. 1, 1912
3, 4, 5,
do
3
A J.
July 1, 1913
5 A 6
J. A J.
do
July 1, 1913
Various
State Treasury.
1891
6
7 g. M. A 8. New York, Bank of N. Y.
1911
1892
do
do
7g- I. A J.
do
do
March 1, 1904
7 R. J. A J.
July 1, 1906
6 g. J. A J. New York A State Treasury
J. A D
do
do
July 1, 1909
5
July.
1890
State Treasury.
6
J. A J
1886 to '95
6
J. A J.
1886
5
14)05
J. A J.
6
1905
J. A j
6
J. A J
6
J. A J.
6
J. A J.
Contingent
6
1919
3 to 5 J. A J.
1918
3 to5 J. A J.
J. A J
Richmond, Treasury.
July 1, 1932
3
6g.
J.
J.
6
1
)
Tennessee.— funding law was passed (aotof May 20, '82i without
the tax-receivable coupon clause, and giving new bo ids at 60 per cent
of the principal and interest of old, the new bearing 3 per cent in 1882,
S3, 4 per cent in 1884 and 1885, 5 per cent in 1886 ami 1887, aud 6 per
cent 1888 to 1912. Exchanges were made in New York July, 1883,
and $3, 224.351 of these compromise bonds were issued. The Legislature of 1833 repealed this law and passeda new one adjusting the debt
on the basis of new bonds at 50 per cent of the face value of old, and
bearing 3 per cent interest; the old State debt proper of $2,118,000 was
A
made an
exception, and new 5 aud 6 per oent bonds were issued for that
at the face value. The compromise bonds of 18*2. being 3, 4, 5 and 6
per cents, are fundable into the new settlement 3s, at live sixths at
the faee and interest, up to and inclusive of July, 18 ^. coupons— thus
$1,000 compromise bonds receivo $853 '33 iu new 3s, ;md interest since
Juiy, 1883, paid in cash. All the settlement bonds are redeemable at
option of the State after July 1, 1888. Assessed valuations aud tax rate
per $1,000 have been as follows
Real estate.
Other property. Railroad prop'ty. Tax rate.
1884... .$200,212,900
201,097,500
1835
1x86
1887
>0J,U8,265
214,000,000
$26,631,231
25,051.803
24,790,914
25,500,000
$34,350,170
31,547,582
31,547,532
32,361,000
$)00
3-00
3'00
3-00
Texas.— The old high-rate bonds were redeemed and lower Interest
bonds issued. Total funded debt Au s\ 31. 1837, $4,237,700, of which
all but $1,215,830 is held by sohool, college and asylum fin.ds. Assessed
valuations and rate of tux (includlug sohool tax— $1-25 iu 1887) per
$1,000 have been:
Years.
Real estate.
Personaltv.
Total val'atlon. Tax rate
$255,213,964
$603,060,917
W81... $347,846,953
$)
3-75
1885...
37 5,890.594
245,121,395
621,011,939
3-75
379,3')2.983
251,132.135
630.525,123
1886...
3-75
1887...
404,897,497
245,514,904
630,412,101
Virginia.—The old bonds two-thirds fundable aud the sterling
bonds carry coupons from July 1869, except the years 1872-3-4. The
oonsols. of 1871 carry coupons ot Jan. 1875 and siuoe. The 10-403 carry
Jan. 1831 aud since; but the oonsol. and 10-40 coupons being taxreceivable, these bonds are generally sold with matured coupons
off.
The tirst funding law of March. 1871, allowed holders of
bonds to fund two-thirds of their debt into new 6 per cent bonds, bearing coupons receivable for taxes, and receiving for the other oue-third
of their principal a " deferred certificate," to be charged to West Virginia.
The act of 1872 repealed the tax-reoeivable clause of the law, ami the
bonds issued under it were called " Pealers." The McCulloeh law of
March 28, 1379. authorized the 10-40 year bonds, bearing 3 per oent
for 10 years, 4 per oent for 20 years and 5 per cent for 10
In February, 1832, the Kiddloberger
years, coupons tax-receivable.
law for re-adjusting the debt and the laws familiarly known as
"Coupon killers," were passed (see V. 31, p. 88. The Riddleberger
act provided for the issue of new bonds, dated July 1, 1382,
into whichall others could be fundedat specified rates below par, varying
from 47 to 31 on the different olasses. This law was also amended
and all bonds offered for funding after Jan., 1885, were renuirei to
carry the coupon of July, 1835. Tne Supreme Court of the United
States has three times passed on the Virginia laws, and while sustaining
In theory the principle that the tax-reuelvauleouupon law constituted
a contract with the bondholders, the oourt has so far up.ield the subsequent laws that the coupon clause has been practically defeated.
A movement was begun in 1835 to procure an adjustment of the
"Deferred" bonds or certificates by the Legislature of West Virginia
and the holders of some $3,000,000 deposited their bonds with the
Farmers' Loan A Tr. Co., and the certificates of that Co. were listed at
the Stock Exchange.
The siukiug funds hold $3,459,770. and the Board of Public Works
$163,200 Riddleberger bonds in addition to those given above.
Assessed valuations have been as follows:
Tax Rate
Personalty.
Total.
Years.
Real Estate.
$4-00
$328.sOO,040
$-13,974,040
1884.... $239,826,000
4-00
341,800.410
84,884/270
1885.... 256,916,140
4-00
341,310,6-20
ls86.... 257,533,410
83,783.180
400
312,215,390
82,377,430
1387.... 289,857,960
-(V. 44, p. 151, 49o, 527, 572, 627, 730 V. 45, p. 512, 768, 847.)
V
. .
Biwmm
CITY SECURITIES.
IMB.|
,
flakMrikfn will confer a ere**
lav/or
DESCRIPTION.
ri
li
mm
l—llsai
i»
jr. r.-purchaee Congress Hall Block.
Improvement
Washington Park
I
Hew
Amount
par
value
outstanding
eaa
$1,000
897.000
1.000
1.000
1.000
1.000
1,058,000
115.OO0
1.181,000
>ate of
mi drat page of tables
1
1870-*71
Cttjr
Mew Poat Offles
Blie or
bonds.
1
dleaay,
Speeds]
by gtvliis Immediate notice of any error dlacovered In these Tables.
l-TO'-J
1874
site
i874-'88
f64O0.0O0 dne 190O-3. are7«>
V5 ',000
CTrrj
Hall.
Public Market
l—H
1 MB
1.000
Bonda loaaed to Albany A Susquehanna RR.
AUoMio, »o.-Bonda for ttreeta. nWing debt.. I1-U7--7J. BOO ma,
1.000
House...
State
I36*V70
Bond* for A. L. Railroad and
H70A "7S 500 4c.
i for West. KB. and Boating: debt
1-71
1.000
let and 2d aoriee, waterworks
1-77
500 4c
isMa
are 4>t*. doe 1916 ..
Baltimor, Copsolldsted loan of 1890
•loan. stock, red. st will after 1916.
tn
1.1
1-..%
1-63
i
1853
100
100
100
100
100
10O
1870-74
1
—
410353
555366
1
1870
1873
1873--84
185,733
300.000
5.IH.O.0OO
1..-.00.000
MlBiOOO
100 Ae
100
100 Ac
loo
4.'.'OO.oOO
only are da)
1-74
1880-t
1--J
1--7
r
r
3250.000 doe af.l9*>
Western Marylssd KB. loan
.1
do
for Western Maryland RR.
do Union Railroad
.
1874
1-7%
I8«g
1-75.
tarweeaa AKortk
Bangor A Ptseataeula Railroad
Jksskjts.-Paad. debt (•78.000 are »eVB7,
7.J.AJ.)
RR
am
trTwalne Ceat°RR.
(roar,
Railroad (923,750 each sear)
l>.aA.aodM.«SBI
.1..
A C*l'wn, •757.0O0.dne Oct. 9»
1
"•J*"*
'%:
50.000
40.U00
100,000
500.000
Boat.,Merch.N.Bk.A Bang'r
938.000
1-.J1
137.000
U-..000
1871
1
l.OOO
•-.•
8*0300
-1...INHJ
7VHM)
M07304
BlOOAr.
1.000
4.-!l7.0UO
13.000
.-.--.iHM)
8100 J
1.947374
3 .552.000
2.m5,OO0
075300
1
!H.i5
ne.*c.tmprovemeut loan. local lsae-'M
do
do
do
it.
do
do
do
...
1868 A '09
1870
Maw York Bridge loan, legmlai ad and coupon
1H7V-.1
Bands for S. Y. A Brooklyn Bridge, ep. or re*
l-o..to-7.<
Pros pect Park loan. rag. A coup.
1300
1300
.t« del* Jan. 1.18-8. was 83.&W.U00. of which 81, I3«,All.. n,.
alnklog fund asset* tClty bonds ete.l, •560.130
a** cold. 61.5 14. ">S1. The loan to Alb. A Susqueaaana Is oeeured by
rat mortgage. There are a so 802.000 So. I'earlSt. bondadue
1888. The valuation of Albany city In 18-M wa«: Real estate. >
nirmal.»0.154.27i>, tax rate per 81.000. 618 40. In 1887 real
estate valuation was •61. 215.455: personal. •6.326300: Ui rate:
17 6". 2d rate. 87
let rate.
I
l-«. 1-.829IU
<•
RR
pay*
Inlereirt
on •5,000.000.
Park by City
•lie
1;
debt of •36,369.176 the city U
MQ3V1, and holila prmluctlve
with Interest OB
larladlag the alnklng
to »;
1 Talent
1--.7. only tnr
-«t 1—artrig assets.
The •• prodoctl's aeeurlU. a - hare lad
rom in, ii . t, ck of
B. A O. RK
There are also held 65,61
.• M-'iirltlea.
Pop latloa ml 870. 267
-88 (polloe cenMiai
hvrlodlng the Belt. 41v a laaOen, near oe full run
Talus, and tax rate hare bean
Real
Total
Rate of Tax
Tear*.
Estate.
Property.
Valuation.
per 61.000.
1886
1887
,
I
Haogor,
R. ar* «•»•
858^89,738
•349303333
2*5^59,953
"
15 00
17 on
Hi
i*i
loans to En. A Mo. Am. K. K. to hangnr A Pie. B.
am-lgagas on those reads, and Interest fnL* paid
The valuations (near full value! H, 1996 were: Real
The
1890-1934
1005 to 1938
'''J4
1
ft!
una k»*M
i
187o.
-JV. 45.
11
517,495,200
193.096,500
647 1711.300
2i>0,454,600
12 --0
13 40
563,013,300
201,435,100
13 40
p. 727.)
rook ju.- The whole city debt
I
r-ermanent debt
'
2M543M
J7.i.j:.-.-9
vu a* follow* Jan. 1, 1988 and
Jan.
.
81W.-U.494
.
etc, applleable to It, ».
leaving the net debt •277700.548.
The law of April 17. '-*>, llmit.il the taxation In Boston for city par.
poors to 89 on the average valuation of Ave years preceding, to wnloh
I* added the tax for city dent and for Bute purposes
After Jan. 1.
1887, too set debt was not to be over 2 per oent of average ana rased
valuation for Ave year*. Aft-r dedtirtlug from above total of grow
debt tsoeum of 818.485,274 tor various Item* (water debt etc ), not
oavered by this law, and also the sinking funds applicable to t lie debtee
re Ineed. the debt remaining I* 814.315.1 14. whleb exceed* the allowed
limit by 8433,546. 1 he said average valuation being 6094,078,439. Assessed valuation on May 1 for four rears has been
paraana]
Net Debt.
Tax
Bern
V.nr*.
Kate.
Estate.
Dee. 31.
Estate.
»l!i4.v_'.i,n.v*
•24.760,064
•189.130,600
• 17 00
oa Dee. 31.
J«g
1.
July 1,1889 to '90
July I. 1 8x9 to '90
July 1,1889 to *8»
) ;
.
>
Jan.
to -rty. InMunicipal
86,693,650; personal, •J.831,7d5.
cluding water wurka. «8ui.oimi.
I --7. real esute. 80.771,048;
per•onal, •3358.973: tax rate per 61.000. S22 50.
Popular.
>
total bonded del.
-8.
l ll l i value of real estate In 18*.*.. 831.021370: personal. 87.889.269-.
tax rate per 81 too. 815
In 1887 real eetate. •247933 064: personal.
•7304,703 tax rate. • 1 5 Assessed Taloe between 5fl a nd 7 5 p e. of real.
Popnlatwo. 37.4ir
n 1870-. about 67.000 Jan. I. 1888.
A acasla.-Of tatadebt. •600300 was Issued for railroad*, and lial
ance for canal -nlaraeuient. water work*. Ac. Sinking fund*. Jan. 1. 1888.
670.1 «>
Taxable valuation
;.«i Ml aie. 615.241.450; per%806; tax rae.615 per 81.000. tn 1885: Real estate.
..--.»
>. per
10:
l-r .on*.
It, V
'tl 25 per •1.000.
Pop-
'
1899-1900
Boaton.-The popolauon of Boston In 1890 was 362.830; In 1870,
250326. against 177340 tn 1880. The grosa debt on Apr. 3D. 1888,
»a> 648.9i7.803 (Including city debt pr .per. 830.793 52
county
debt. Bi.0Irt.0o0; Coebltuate water <1 In. 6U.741.274: Caarleatowo,
was 82,?2<).0O0. Ae- West Roxbury. etc., debt, 61.943.040), and tne total ainklug funds,
Atlanta. The
1870. by U. 8. Oeoau*
ore. -The Bait A
I* paid by
Railway, and
hub
estate,
I
|
1880
18M
kito
do
do
do
do
do
do
do
8.019300
1.317309
l.OOft
1,
l-:iOt..
1895 to 1916
to 19 6
April 1,19s 7
l!l<5
June, 1889 to 1891
Brothers,
April. 1898
9.245.237
l.OOO
laantoT?
'.(l.OOO
500.000
213,000
3J4.0OO
45.000
35,000
128.000
8.000.000
1.000
l.OOO
1.000
1.0O0
1,000
1888- 1914
.
Oet
J
J.'.M.OOO
686.000
1000 Ac
do
do
do
do
do
do
do
do
do
London, Baring
July 1. 1899
do
do
1917 A 1937
Boston. Treasurer'" Offloe.
do
July, 1890 to 1916
do
do
do
1897 to 1908
do
do
1907-1908
do
April 1. 1908
do
London. Baling Brothers.
Ml. rreasurefa Offloe.
Boston,
1908-1907
do
do
do
do
1900 1!<12
do
1913-1917
do
do
1914-1918
do
April, 1917
do
do
<). t.
do
do
1. 1917
Hrooklvn
1891
3.751.424
1,355.000
BBfjOOO
l.OOO
1891 A 1902
1903- 1930 A 1907
-88 to 189T
do
do
do
do
do
do
do
do
do
do
do
8OO.O00
AlOOAc
1898
Boston. Treasurer'" Offlce.
109.000
947.0O0
•
AU
ilo
1391.000
I
II.
k A Port. Jan. to Oct 1891
B'a A Port. J ulv 1,188 'to *9»
do
48<\O00
"ST
000 vh »aer debt
Boa., Nat.
1.
1,
1,
1-'.<7.V lilt) Z
.
U.-.'l.<«>)
6550,000 doe Oct.. 1906 .•80j000 due Jan. 1. 1896
i---.
J 11.000 due July 1. 1906.
•o.lneO.-t 1. l-'7
Vartooa.
J
1--7
Co. Court House
do
150lb payable yearly
do
. •25.00 > payable yearly
.eteruag loan
urn
_ street tmprovemt atarUng loan.
1809
1887*88
. #458300 4s. do* 1918
ar debt, assessed, part renewed
IMStoVd
Ones. Water loan. 6 per cent
|3w7 6»*76
do
do
5 percent
1878 A*78
1-7do
do
4 per
Wt.-r.ltut
1-7 J
i-7V7t;
d..
5e,g...
1-7'.
«-t lereent
do
4*82-0.ooodueAprll.l»m 1879--80
do
4* •3»dvO0Odu* Oct 1.1913 t--lto-7
do
do
3 •• per oral.
•84-&---X
1--7
3 per rent
do
1--7
Brook Improve't. secured by eke. fd.
l-.il
Brooklyn local Improvement loan.
do
do
do
do
do
Boa, Nat. II AI. B'k A Port
Boa. Nat B k of Com.APort.
MJH
MMM
8618300
Varloti*
884 10*80
1-7-
do
do
do
do
do
180300
7.-
A Plan. Bank.
Mechanics' Bans.
Balto., N.
1,900.000
• 10».0004>ssdue 1907
do
do
do
do
do
Baltimore, Franklin Bank.
Otl
1 -.,•.»
Bank.
do
17.D00
1
1871
(Act Feb
"..TOO
684.000
1.7O4.000
875.000
Me.—City debt proper
i
4
A Plan.
do
do
do
do
do
Balto., Farm.
260,000
K)ere3»)
do
do
do
do
do
do
A
1,000.000
A.'.
1892
1890
1903
1904
1897
1911-1915
Jan., I8S9 1896J
Jan. 1, 1914
Julr 1, 1916
1889 to 1916
After July 1,1890
After July 1, 1916
After July, 1916
Sept 1. 1893
After Sept 1,1893
Alter Sept 1,1890
Jan. 1, 1895
Oct 1, 1920
Jan. 1, 1890
1900 and 1903
Afer Nov. 1.1930
After July 1, 1900
Jan. 1, 1903
April 9, 1900
April 9, 1900
,
Aft'r 94,l9*iA*3«
1904 A after 1930
July 1. 1935
Jan. 1, 1937
Jan. 1. 1900
Jan. 1, 1895
Sept 1. 1892
Nov., 1888 to 1891
Jan. 1, 1894
Julyl. 1905
Jan. 1. 1894
April 1. 1890
Balto., Nat, Mechanics' Bk.
Balto., Farm.
Plan. Bank.
Balto., N. Mechanise' Bank
500.000
800.000
1913
A J.,
A J.,
Jan.
Jan.
Jan.
A
do
do
do
do
do
do
Balto., Farm.
do
1.000.000
3.211.088
to
1905 to '10
1,
1895-*97
J.
J.
do
do
do
do
do
do
do
do
Plan. Bank
Balto., Farm.
Balto., Nat. Mechanics' Bk
.',,.MH».noo
Ac
Ac
J
Ac
Ac
1894
July
Augusta, Treasury.
1,787300
73O6340
100 i
100 i
\ooi
18«0
(Druid Hill),
roves otl
park extension
Fire million loan to Baltimore A OWo RR.
Hew Cttr Hall
Partus
(loan.
1
r
naaiiii lean
Westers Maryland Railroad
Jones' falle nfPX7.OO0 are 5*A» 155,000 3-65*>r
It'.S.oOO
Ac
Ac
Ac
i
100 Ac
100
100
100
1877
1878
1883
aty loan
HJO
100
Various.
Various.
)
do
do
do
do
do
do
do
do
do
do
do
437.000
77.500
120.500
310.000
55.000
IBM
Iwum, On.-*.24,S0
do
do
do
J
318300
i.ouo
Due.
N. Y., Del. A Hud. Canal Co.
N.Y. Han Nat. B'k A Allan.
858300
349.000
400.000
,
1881 * '85
1079
A
145.000
185.000
1.000
i---.:
Princi pal— When
boston. Merchant*' Bank Feb. l, 1889to*94
New York.
Mar. l,'89to 1900
1910-*21
Mew York and Albany.
* Y., Merchants' Nat. Bk.
May 1,1904
418300
latr •-$
Water Commissi.* bonds.
INTEREST.
Where payable and by
whom.
Rate.
1,
18H8.
Jan.
I,
*o*JV
1887.
r26.077,54f
certificates
•2^,907,543
11,073,500
483.000
2,500.000
Oroas debt
sinking fund
•39,864,043
7,844,641
840.it'.
H't debt
•32,014,503
833,824,938
Water loan
Held payable from aaaeaamonts
Tax
I^ese
10,893300
1.640,000
2.OO0.O00
1,043
6,'J8t),219
first
:
:
INVESTORS'
s..
bscrlbera will confer a great fkvor by giving
DESCRIPTION.
-
Immediate notice of
Date of
Size or
Amount
Bonds.
par
outstanding
Water -works bonds
Tax loan bonds
CAT
c&r
e.fcr
e&r
c*r
Oambrulye.Mcut—City bonds
City bonds
0*1
do
c& r
do
c* r
do
c*r
do
e&r
Water loan
c*r
(only$12,500 are 5s)
do
do
Charleston, B.C.— k>n.uds.,to red.past-due debt.
do
do
do
coup, or reg
do
fund
bonds
Sinking
M
ass.—
Chelsea,
Funded debt, for water, $350,000 ooup
notes
do
Chicago— Water loan
Water loan
Water loan (refunding)
Sewerage bonds
do
do
Elver Improvement bonds
Municipal bonds
Municipal and School bonds
Municipal bonds (refunding loan)
Cook County debt
C3
Cincinnati— Bonds for Waterworks
P
Bonds for Common School purposes
purchase
whf
prop
N
RR.
to
Bonds to O. AM
Bonds for ext. and impr. Water W. .C, D. A E
AAA2
Bonds for funding floating debt
.
. .
.
8AS2
Bonds for new Hospital
L
Bonds for funding floating debt
Extension and improve. Water Works. K AF
park.O
Asyl.
grds.
for
Bonds to purchase Orp'n
R
Bonds for sewerage
U
Bonds for improving Gilbert avenue
B3
Bonds to build Eggleston avenue sewer
C5
Bonds for Water Work purposes
W2
General Improvement
. .
3 to 7
3>s
A
A
A
A
A
A
1884
1884
1884
1883
1870 to '86 l.OOOAc
1870 to '86 l.OOOAC
1880 to "86 1,000*0
1,000
1864
1,000
1863
1870 to '76 !H>0 Ac.
1873-'74 500 Ac.
1885-'88
1886
1868 to '77 500
1878-'87
Ac.
1,000
1886
1878
1879
100 Ac.
1,000
500,Ae
1,000
1882
100, Ac,
500
tee.
1880
1,000
1,000
500 Ao,
1881
1865 to '80 500&0.
1,000
1869
1863
1,000
1855
1,000
1847 to '50 500 Ac
'48
to
500
Ao
1847
1867-'68
1853
1851-'53
1858
1869
1869
1869
1871-'72
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
H2
1.000
1888
Various
Street bonds, 5 scries, part each year
Consul, s. f. bonds, 30-50 yrs. (Act Apl. 9, '80, 1880 & '81
1,000
U3&U4
1882
4s)
Trio
1881
100 Ac.
Deficiency loan (redeemable after 1891)
Deficiency and pavement bonds (10-20 yr.) .. 188.V86. Various
1,000
City Hall. $300,000 redeemable after 1897 .. 1887-'88
Cleveland— Water works ($200,000 are 6 p. et.) 1872 to '84 1,000
1872 to '84 1,000
Funded debt
1872 to '87 1.000
Lake View, Wade and Monumental parks
1874 to '8
Canal and oanal lock ($11,000 are 6s)
1,000
1871
Bohool
1,000
General bonds, various purposes
188548
1,000
Viaduct (mostly F. A A.. A. A O. and J. A D.) 1873 to '78
Elevated Roadway
1836 A '87 1.000
Special bonds
Various,
Kingsbury and Pearl Street Bridges
1884-5-6-7
1.000
Moines, Iowa '2d renewed Judg. bds. 5-20s
1885
1,000
Fundine bonds, extended in 1888.
1878
1,000
Warrant funding bonds drawn at par...
1886
,
D«
—
446,500
218,000
494.400
109,500
3,392,117
404,800
1,092,000
160,000
132,000
3,340,000
333,000
1,288.000
489,500
458.000
2,608,000
186,000
: ,738,000
1.042,000
4,941,500
150,000
98,000
194,000
397,000
171,500
750,000
60,000
175,000
100,000
150,000
150,000
100.000
300,000
600,000
8,190,000
4,825,000
2,258,500
995,000
65,000
200,000
175,000
50,000
76,000
263,607
2,137.000
64,706
79,000
499,500
2,473,000
363,000
1,775,000
4
3>sA4
4
J
J
J.
J.
J.
J.
3 to 7 Various
3i«to7 Various
A J.
A O.
A J.
6*- Various
J.
A J
6
A
3
1'2
J.
5
A.
J.
Various
4
3*2
6
4
Various
A5
3ifl
7
6
A.
A.
4
J.
A
A
A
O.
O.
J.
Various
Various
4, 4ia, 5ia Various
6
6
•
Cambridge, mass.—The total funded deht, Jan. 1, 1888, was
•3,44 1,500; deduct water debt. $1.S25,50J, and municipal sinking fund,
•428,565; net debt, $1,187,435. The investments are nearly all In city
bonds at par, and stamped "not negotiable." Valuation, 1888. real
«»tate$48,l8<>.700; personal, $14,219,640; total, $62,400,340; tax rate.
•15 00 per $1,000. Valuation In '86. $44,1-55.200 real estate and $14 480,470 personal ; total, $59,415,670 ; tax rate, $15 00 per $1,000.
"^ ' '
Population, 52.669 in '80: 39.634 in '70.
r
c vTTotal dabt Jan l 18,8 > $1,021,018. against
•rfS.^ 4??.*.°
\. ?A.
•6,241.710
in ^1870.
There arc also *23.OO0 5 per oeuts. Bonds of
Charleston are mostly held within the state of South Carolina.
Conversion bonds of 1878 and 1879 are Issued In exohange
for city •"«>»stock.
Valuations and tax rate per $1,000 have been:
8Personal Prop.
Tax Rate.
J-JST
£? al Estate.
$16,753,760
If* 5,$8,138,153
$20 00
}*£*
16.933,5*5
7 809.212
17 50
14,
2
7 ' 29 ° l912
2 °°
°
^op\iia;robV49.984-lni88 4^9 5^n 1870.
Chelsea, Mass.—lotal funded debt Jan. 1, 1888. $1,661,800; deduct water debt, $350,000; sinking fund assets, $406,137; net debt]
Principal— When
Due.
Whom.
Brooklyn
do
do
do
do
do
1891 to 1916
3 years from date.
1889 to 1905
1924
1924
July 1, 1893
1888 to 1926
Buffalo and New Yoik
Oct., 1889 to 1909
do
do
Jun-2.'8J to 1900
do
do
Boston, Bank Redemption.
April 1, 1889
Boston, Tremont Bank.
Jan. 1, 1893
Boston, Bank Redemption
1890 to '96
1903-4-5
July,
do
do
95,'.>5,'07,'17,'18
do
do
Nov.
1. 1896
do
do
Mar, 1889 to '97
do
do
1894V98-1910
do
do
1906 and 1911
do
do
1888 to 1897
Charleston, Treasury
Apr. A Oct.. 1898
do
Jan.
A July 1.1909
do
1888 to 1908
Auk.
1, 1891 to '95
Boston, N. Bk. Redemption
si*'.;*
Sept. 1,1889-1890
1897 A '98
A J. N. Y., Am. Ex. Nat. Bank,
July 1, '89 to '95
A J.
do
do
July 1, 1902
A
do
do
365
July. 1892 to '95
do
A
do
7
July 1, 1900
do
A
do
«<
July 1, 1904
do
do
4
A
July, 1890 to '95
do
do
A
7
July, 1895 A '96
do
A
do
6
Oct. 1. 1888 to '99
A
do
do
7
April 1,1901
do
do
4
A
1888 to 1*08
4to7 M. A N N. Y., Metropolitan Bank.
June 15. 1889
7 3-10 J. A D. N.Y., Am. Exeh. Nat. Bank,
Jan., 1890
do
do
J. A J.
6
Nov. 1, 1890
do
do
M. AN.
6
April, 1895
A. A O Pliila.. Bk. of North Ainer.
6
Mayl, 1897
M. A N,
do
do
6
1897 A 1898
7 3-10 Various N.Y., Am. Exoh. Nat. Bank,
Jan. 1, 1900
do
do
J. A J
6
VarioiiB Phila., Bk. of North Amer. June A Oct., 1900
6
Mar., 17, 1908
Cincinnati.
M. A S.
6
Sept. 15, 1899
7 3-10 M. A S. N. Y., Am. Exch. Nat. Bk.
Sept., 1899
do
do
7 3-10 M A S.
Oct. 1, 1899
do
do
7 3-10 A. A O.
Aug.
do
1, 1897
A.
do
F.
A
7
Dee. 1,1891
do
do
7
J. A D.
July
1, 1902
do
3-10
do
A
J.
7
J.
May 1, 1906
do
do
6g. A 7-3 M. AN.
190i;-1908-1909
do
do
6A 7 Various
Cincinnati.
May 15, 1904
M. A N.
7
Jan. 1, 1890
6 A7 J. A J. N. Y., Am Exoh. Nat. B'k.
Cincinnati.
Aug.,'90 A'95
F. A A.
7
May 1889-1909
5 A6 M. A N. N.Y., Am. Exoh. Nat. Bank
Cincinnati.
May 1, 1906
M. A N
7
Aug. 1, 1897
F. A A.
7
1888 to 1898
5
Semi an Cincin., Office City Treas'r
1930 A 1931
4 A5 Various N. V., Am. Exch. Nat. Bk.
1889 A 1890
4 A5
Various
1891 A 92
Cincinnati.
A
4A6 J. J.
June 1, 1901
4
J. A D. N. Y., Am. Exch. Nat. Bk
A June. 1905
Various
May
4
June 1, 1907
4
J. A D. N. Y., Am. Exoh. Nat. Bk
3-65 to r Various N. Y., Am Exeh. Nat. Bk
1892 A 1903
6
7
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
.
,
87,000
6 A7
275,000
6 A 7
35,000
7
185,000 4 A 4ia
2,138.000 5. 6 A 7
660,000
4 A5
492.100
4.5,7
300,000 4, 4 '». 5
228.000
4>a
160.000
4
4ia
210,000
;
;
4
1,97*, 000 4, 5, 6, 7 Various
Formation in 1870, 396,099, against 566,663 in 1880. Valuation of
prop* rty and tax rate per $1,000 have been
Yeats.
Real.
Personal.
Rate.
1885
$336,221,357
$22,049,310
$26 50
1886
339,922,812
14.217,276
27 59^
1887
362,138,513
21,685.597
188:)
385,904,998
22.597,240
The debt ol knur* County, separate from the debt of Brooklyn. Aug 1,
1888, was $4,539,500. or which tbe city is responsible for l» ntln
Bullalo.- -Total innded debt, Feb., 1888, $8,689,942; deduct water
debt, $2,778,382 sinking fund assets, $208,273 ; net debt, $5,703,287.
valuations and tax per $1,000 have been:
6*™Real estate.
Personalty.
Tax Rate.
..J.
1886
$99,912,470
$8,461,675
$17 21
1886
113,963,945
8.405,225
17 27
1887
119,876,145
8,755,150
1478
Buffalo also pays 77-100 of Erie county debt. The Interest on ditferent
bonds is 3>a. 4,4>a, 5, 6 «nd7. Population, 202,818 in 1885: 154.766
In 1880; 117,714 in 1870.
-
INTEREST.
Where Payable and by
2,500.000
798.305
549,000
2,350,000
200,000
5.424.536
2.778,382
449, 53
100,000
150,000
347,000
689.000
415.000
25,000
988,000
1871
1 .000
RR
1872
500 Ac.
do
1876
500 Ao.
($2,890,000 are gold 6s)
do
do
1878 A '79 1,000
do
1874
1,000
Funding debt bonds, coupon
improvement
6s)
$15,000
1875
1,000
Park
(Q.
Dl
Water-works bonds
1875
1,000
sewer
5s)
McLean
Ave.
U2
1879
1,000
for
($35,000
Bonds
83
1876
1,000
Hospital bonds
Assessment bonds
Work House and Infirmary ($19,000
Wheu
1857 to '75 $1000 $11,073,500
Cincinnati Southern
University
anjr error discovered In these Tables.
Payable
Various.
Certificates of Indebtedness
Bonds to nay arrears to county ..........
Arrearage bonds, reg. (redeem. In 1894).
Award bonds fur lands taken
Buffalo. A. 1'.— Funded debt bonds
[Vol. XLVII.
Rate.
Value.
For explanations »ee notes on first page of tables
Brooklyn— (Continued)—
Permanent water loan
Temporary tax certificates
SUPPLEMENT.
Various
Various
A.
A
O.
Various
Various
Various
Various
Various
J.
F.
M.
A J.
AA
A
N,
do
do
do
do
do
do
do
do
do
N. Y., Coffin
do
do
do
do
do
do
do
do
do
do
do
A Stanton
do
do
May
1, 1889 to '97
Deo. 1889 to '92
1894 to '98
Oot. 3. 1888
Jime, 1890-1895
1895-1907
1902-3
Sept
,
1889-'95
1899-1903
1905, payable '90
1908
1906,red.atoption
*905,663. Va'uation In 1887. real estate, $17,037,150; persona
$2,317,702; tax rate, 17-60. Valuation in 1886. real estate, $ 16.530,850, and personal, $2,275,812; total, $18,806,662; tax rate, $17 80.
Population, 21,782 in 1880; 18.547 iu 1870; 24,347 iu 1884.
Chicago.— The city debt is limited to 5 per oent of the Illinois State
raluatiou. Total funded debt January 1. 1887, was $12,58 3, 500, but
of this $3,955,000 was on account of the Water Works, which yield an
income much above the interest charge on the debt Sinking fund in
1887 was $341,037. Valuations (about one third true value) as follows:
Personal. Tax per $1,000.
Real Estate.
/ears.
$103,606,743
$11.7211 2: 7
$35 43
1884
35,516,009
122,930.123
1H86
28.068.1H6
130.474,379
1887
Population in 1870 was 298,977, and in 1880, 503,185. The South Park,
West Chicago ±*ark and Lincoln Park loans are not debts of the city.
Cincinnati.— Total funded debt Deo. 31, 1887. $25,829,207; deduct $761, ..03 for Improvement bonds held as siukiu* fuud for abive
leaves net debt. $25,o63,004, of which $18,577,000 is for Cin. South.
Railway (pays city *9C0,000 till 1901. then *1.2 = 0,000), and $1,525,OoO for water works (self-supporting) ; balance, $4,966 "05. For action
taken in 1888 rtl itive to Clnn. So. RR., see V. 46, p. 319. In 1870 the
population was 216,239, against 255.139 in 1880. The following table
from the books of the Auditor of Hamilton County, Oliio, exhibits the
assessed valuation of the city of Cincinnati for three years
Tax per
Total
Real
Personal
Valuation.
$1,000
Estate.
Estate
Years.
$i6 86
$170,086,963
$127,454,100
$42,632,868
1885
171,950.i>31
25 44
129,378,370
42,571,661
1886
174,537,847
27 68
1887
The city owns the stock of Cin. 8. RR., leased as per terms, V.33, p. 281.
—
Cleveland. Thesewer, street lmprovem'ts and street opening oouds
are for special local iiuproveiueuts, and redeemed bv assessments on the
property benefitted Pop.. 160,146 in 1880:92,829 in 1870. assemwd valuation, tax rale, lebt ,and par value of alnkim- fund-on Dec.31 have been:
Special Debt. Sinking Funds.
General Debt.
Tears. Tax » 1.000.
$1,727,905
$708,000
$11-35
1-85
$6,917,000
1,733,724
IP'15
695,900
8.015.000
1886
1,802,294
611.100
10-30
1887
7,614,500
-(V. 45,
p. 743.)
1
'
.
SZFTEMBUt,
-
)
.
-
:
CITY SECURITIES.
1888.1
lnor by
Subscriber* will confer a (Teat
clrliix
Immediate notice et any error dlseorered In these Tab'ei.
IMTEKE3T.
DEStKlPTION.
Dale
..f
8ixe or
Amount
par
outstanding
bond*.
When
Wnere
payiante
rorexpUnaUoMiee note* on Ant page of table*.
Water W.Co.. on city's credit
Public Building stock (City Hall) bond*
Public irwer bond* (935.0O0 are 6a, due 1897)
Publlo sewer bond* (f 100.000 3 4a, do* 1 90t
Dstroii, Mich.— For
Ule
for purchase Belle
Bond*
•
1855 to '81 8500,*c
1-72
:3-S
21 7.000
so
aWaatBt*. K. y.-iuipruvenicut bond*.
Funded debt
B oaool Hon—
I
1,000
1.000
1,000
1,000
1.000
1.000
1.000
IBM to '66
1875-*76
1877
Tax arrearage
bond*.
bond*.
935400 are 6s,
do
do
3,000,000
275.000
C.'.INK)
7
l.lNtO
1-7
1—7
1,000
1.000
1.00O
Larue.
1000*4.
1.000
mi
Mew Water Work* loan.
5i7.700
256.000
675.000
J60.00O
720.000
400.000
180.000
45.000
600,000
450.000
100.000
Jol.-HO
125.000
600,000
450.000
550.000
300.000
400.000
500 4a
1887
do
do
e
c*
c*
c"
8"
Lorn
C
(aewer)
.'«-»
i
1,000
1.000
Cm
ffsAh..r.j.-. Jf
Xaass.-Ctty
boa
1873
1400
1.000 Ac
1—7
bond* I92.UOO or 9 r50Odue;'ly>.
iam«Emk<
loan (#300.000 doe July 1, L891).
1871 A *7& 1400
95O.0O0 4 par t-enu are 10-99b
1889-f.
LOOO
•cUfeWPt. ras.-Uailted debt bda. le.'g fd. 2 *> 1877-8-0 100*4
•luting fund
1— ..do
lOO Ac.
do
Ualreaton County bond*. <1
lata
1865--81
HmrifWd, Oaaa Water bond*
1,000
1376
CltyboodsiH P. AF. RKl
l/MM
M
MP
town d*M*
to railroad* 10-33.
Boatlnc
<f75.0O0due r»..
I,
19991...
do
do
e-
Biialham Park
tOHw-Wi
C4ty government
CAT
t-.sd*.
*o.
'.Van
0M J.C.t/da (»'2o940o. Not. l.*89.M *!*
au
)
t
903.000
•
6
13O.IM0
151^500
7
S.17.000
MyMO
1.000
1.000
271.000
1..HH.
•K*J
898^00
1/X»
500
108400
7-8
J
332V.OOO
8
7
5
J.
1.000
l.obo
5411.000
7
7
J.
7
7
J.
1.KIJO
125.000
500.000
LOOO
•.•.-.O.K)
7
l-..!.--7.»
loo.ooo
1868-TO
7
150400
400400
7
l.O""!
l.om
600*4
1,000
:;,
l
879
13-..
1.000
600.090
1
1—4
187S
I
Syear
fiffi
I
937498480
S3UT7499
100.020.991
1889.
10S.SS7.JJ40
Baits
aa bonds are Bon a' aa
Urtit*
A
_
Tax
Total.
Bate.
8110.731.800
911-41
142,407.880
10--2
12-01
In Interest February 1. 1379
pru sssltton to leaoo 4 per cent boo.1. at
50 par eaat of the
of aid bonds was BBBda, and a «Mi4.ler t>>l
aajsent of the eew bead* haTabaoal
1 TVe MeroaatUe fr o in N Y
l
*** ,D *-.. -7.
,,eo
u»r«» aoaters of old bonds w
•"*!
.*lo
^7, "!•*.debt
tnada la '88.
by which the unadjusted
was greatly nil mad 8*e
ftf""?J?* " w -. V*i?y l.T.'U '"ttton* mad »*x •*» per 81.000 Bare
bean a* folio... In 1882. 912.133435, rate. 931 20) la 1863. »U.
i
•!
?
g
47J.U5.
rat*. 8i«.
i
'.rate 823 40; la 1886, *l
»S3-30.. In I^-3.
£**wS*e?<&
"M V
"•
'
13. p.
8*3; V. 47.
,
3S.912,
m7.
r...e. »:'J -,.
!•..,.,
p. to.)
,
"* 4*»a » "» paymeat of Interest from
Ushore
1837 the *fT
old debt waa Dearly
funded Into the eareral
J
April. 1883
Issues of bead*
,
SUJj9t400l
r
,r
.
*J
I
all
glTea.
Personalty.
Tax.
810 o>
lo 00
13 888)
S.v
r>.-bt.
91651.000
l.H.tl.OOO
2.14V »« J
•!
6
J
J
If.
3*0.000
6,7*3
J5O...0O
8
A.
J.
1).
*
*A
A
«.
t
an
Y
Jan.
1.
to
1897*
1893
1893
1894
u»i
1895
189*
» IBM
I
18881
8999*1918
Feb. 1, 1913
July
litis
1,
fa
1891 to 1908
do
do
do
do
do
do
do
do
June
Msy
1900
1897
July 1,1889*1900
*
Jan., *98
July
1,
May
I,
1
">->
19<>0
1889
1890
1808
Demand.
Bk
Meroh. Ex. Nat.
do
la
1909
1910-1911
Feb.
1,
April 1. 1904
1895 to '98* 1901
Bank
Nat.
8,
1.
Not.. 1889-1890
.
do
1.
July 1,
July 1,
July 1,
July
my 1,
i,
'
Jan.
in. 1.
.Un..,1891
do
do
do
New York. Ninth
1—
(
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
*"j
P.*
AUK.
Meroh. *x. N.
Y..
A J
M. * N
A, * O.
J. * J
J. * J.
J. * J.
M. * N
J * D
"o"
l.'H»,.,K>l
do
do
do
do
do
J
J
1910
1907
1888
Oct. 1,1889
Jan. 1, 1900
Jan. * Aur.l,l«94
Jan. 1,1889 to IK)
litoi to
do
Tr easury.
City Treasury.
N. T.. Wlaslow. L. * CO.
Various
7
7
7
800400
l.fVl.lNJO
*
*
D
fa
V,.ri..ii.
83 .ooo
ear
*
•it
do
do
J.
J.
4) J.
LO00
IjOOO
do
do
do
do
*0.
* J.
*
*
J.
1889 190A
1. 1892
4. 1, 1898
Bank,
First Nat.
City
A. * O
Jan.
300.000
800.000
BOOjOOO
l.l»»>
I
aare
A.
J.
J.
J.
J.
"B
18M.„... 9B3.793.il 5
Vartoin
J.
7
•
6
l.
July
Jan.. 1900
Uouokea.
it
do
88
•
1,
May
J.
•
r-l.i.xi
1899-1908
1008 1009
1, 1893
18-8 to 1897
Aug.
it.tiik
MA
do
do
.'.
M.T.'ii.«<iiv
J.
7
6
3 to
do
do
Boston,
5
4i*
--.I
1 ralue of |*W|t4i ti 911.600400. which Is
i .Ttolavaa, la. -A
SO per cent of true raloe. Pi
.Hon IB 1870. 12.035: In
32.400 In 1847 (estUaated). about
400. Miukln* fun J*n. 1. 1881.
asaoanted to 918.460. There la
k * lery for •Inking Tun 1 each year, and
fa 1887 8170.000 bond* we
Detroit, .men. -Total funded debt July 1. 18H8. Was 8J.770.600
dedtset for water works. 91476400; sasou of sinking fond. «73t.372.
not debt 9*60, Dt. There are •<>
Tko aonolaOoo In 1870 was 79.577; tn
dtsa 1889.
rae Talus of water works U about 91.500.00
1888, 1*0.<V*>.
on • pledge of the alt/ credit, and
eoUcoted ta taxes to pay interest oa them. p.n.uUut 175400. Valuations (baaed oa true Taloe) anj tax
rafts
4>a
do
Fltobbont City Treasury.
Boston, Merchants' Bank. July 1.'91, 1905-0
FltcbburK Oily rteasury. 1894.95,98*1903
8. Oalvesion. City 1'rrasury.
1998-1908
New York or (lalveMoa.
J. * D.
1990 1998
I. * J.
1901
W. Y., Bauk of New York.
Various
City Treasury.
1890-1908
Suffolk Bank. Boston.
J. * J.
Jan. 1, 1891
City Treasury.
Jan. 1, 1893
J. A J.
J. * J.
Jan. 1, 1897
fa
Town Treasury.
J. A J.
10 to 25 year*
9IO.000 rearly
J. * J.
do
*
73
73
7-3
73
.
agbood*, aeries
*
•
6
B'd* for aat's b'a*.Ac.(015O,0O0. 5e,A*0>eAr
of Jersey City loan
amtmt OUp. Jt*.-Keaewal
1*50.000 6*1
aty
J.
8
5
-J3
1-7'. -.;
fued4*da (93OO400. 1906. J.*J.).cAr
Temporary loan*
Bond* I" fund Boating debt. 4W.
3>t*4
* O
4I7.<»)0
I
1898-'»7-*98
do
city Treasury.
MAT 1. 1905
Bo*tou. Bank Bademptlon. Feb. 1, 1900-1909
do
do
Nov. I. 1892-1 !IP«
a.
A.
Ml.INX,
IBM
bond* ia^u.0O' due Julrl.'8»)r
n
i8oe'lloaab-d*i850.0o04oej'yl.-98>r
"
903.600
*
J.
l.-'l!..l.lO
do
do
do
do
do
4
•
•2...VXJ
1.001)
1873
1871k* *74
l-7o
1-72
..c*r
4 N
*"j
M * N
1-3.1
1-73
1-7*
1874
1878
ll7t
I88f t»TJ
I-.;:, to 7i
M.
j.
1879-*90
1-72
a S Boston,
"e
1889 to 1893
1894 to 1898
1897 to 1907
Jan. 1, 1-12
Jan. 1, 1913
July 1, 1912
July 1. 1913
auk. 5, 1892
Apr.* Sept. 1891
Aug. 1, 1894
May 1, 1895
May 1. 1-95
do
M.
r.
-
Mar 1.1889 to *93
OMtf Treasury.
* A
m.*"n
6
lol.-ou
1480
500 As.
500 *«.
do
do
do
J
J
J
1888
July I, 1912
* Co.
N. Y., Wlnalow, L.
J
P.
.
"o"
6
6
_e
inn i—iy Itiind*
ImproTstuent
3>
.
ee'
>;
.*
IfiOO.OOO
1,250.000
'-..
J
4
i
l.ooo
1.000
1—7
A
B
c.
D
|
5
do
do
do
J
*
*
*
*
M
Mercantile Trust Co
New York.
Various
Various
6
t-72
I
do
do
3 Ts.4
5*6
1-73
do
(W400 'are j.*J>c*
o* 1809 10*70
Bonds to railroad*
1377
L'u. KR. Tr. Stock Yard Unort.
toUs
ladle-
4
n .:.««xi
1— ..
,1
J.
J.
J.
J.
44
600.000
300.000
.Jlase.-'
IBS
5
400,000
1372 A -r.
1-7*
1.0OO
Various 600*4.
....
J.
1400
I-.;-.
do (J10O.0OO doe >
School House bond*
4
1879 to '81
1-82 to '95
1883 to '93
1883 to '46
l88Sto l
1907
E
J. 21. T.,
888
I
,
do
do
D.
*
*
1906*1918
Deo 1916-1918
1889(01841*1911
do
do
do
O.
1906
June. 1889 to '93
1893 to 1897
City Treasury.
Various
Various
J.
Aujr..l8S9 to
do
do
do
do
do
If.* N.
7*6
Nat. Bank,
do
do
do
do
do
D.
*
*
*
A.
J.
1—
dri.i
(T-M.OOOdue Feb. 1.190S)
/.
do
—
CdlFKR
—
7
7
(t)
Ate.
7., First
Various
Various
Various
Various
7
7
1.000
Pall
do
do
do
3>**4
7
500*4.
1808.... 1-74 to-r- 100
Masr, Moss. -City note*
City bond*
(84« 9.000 are gold)
do
(960.000 aie 5*1
do
J.*
100*4
A, fund, debt loan.
Katie* B,
BetleaC.
3>«
1-tiy t„T.l
1--7
fummilU, la<Haa«.-acTl—
Various
Various
IMBtoTi
1-7S
188*
Kew Adjustment bond* and scrip.
7
7
7
4
7
.
Br-U (Ana.)— Water bond*
I
350.000
100.000
470.000
M.1HX.
l'.obo
to 7
6*7 If. * A.
3>s*4 J. * D
IP. * A.
4
m.5oo
1,600
t..'-T
1*7!>
Market, 4e..b-d»(«30.000 34 pc. due 1911)
4
81^88,000
1863to*73
18-6 A '-"
1880 * '86
187110*74
1-70 to '71
1871 to 7 a
Public Improvement
Principal -When
due.
and by
whi •in.
May
do
1893
1,
Pall Hirer, lass.- Total funned .lew, Jan. 1, H38, 83.-f0l.746t
dedaot water debt, «l, I00.O0 '.aud «ln<lug fuuda. .4 ,090.2 1 net debt,
.• -ill In n<
• 1.111.453. Population I'.
2 1.73.1 In IH70.
Valuattoa la 1886. 948415.27%: tn 1317. v ouatlon, #41,231.612.
Pltrhburg, Tlaae,— Pimaatliia 12.270 lo 133'-. 11. 2. loir. M70.
Aaaeaaad ralaattoa of real estate f about cash raise! In 1383, 93.121,8 76: personally, 9
.i r.K, 18-J t per 4..000; In 1833. real,
•9414405; personal. 93,l>73<8; tax rat-s 917-80.
i.ilrnion, Tsxas.— Assessed ralue of real and personal proimrty
Jab.ut 40 per oeut true value). 1388.920.003.383; Ut rate l«r 41.000,
I173JO (of which 92 for sohooU). 1335, valuation. •13,586,196; tax
rate 915-00
Population in 1870.13.312; lu 1333 22.213. 1333. estV
uiaieil. 4 1.000.
;
i
i
Hartford, Coaa.-Total
city l«bt. April 1. 1833. «2.S0i,882;
net,
dednOtruJ resources, 91.uo3.239; net town debts, Oct. 1, i-i-7,
A
ml valuation in 134 1. 41...7 hi.o W; lu 1885,915.
after
898.38V
Population. 12,5.53 lo
13-1
>;
17.711 in
Ilobohen, N. J. -Tno
t
47
I.
ui.lol l«a I >.-.
333. wan 91.153.31
of
•'• VOJ wai w.iter debt; among f in I, •' ill. Asaei-tod T,iluattons In 1331: Personal. (I, It 1. ill
real oatate. 91 l»672.7.h); tax rata
»iii
•
1
>
i
:
l»r •l.f.x).
— ii
at.
-
$2:Mi;
popiuacioii. 31.
)
1
1.
real estate, *1 ..-
llolroke. Tlaas. -r
.is.
V
.1
...
,
1
,t
itio i< In
1437-3
I'
r-
rate In '86 7. t
V.«l
i
tuoii.
H3
..
f>l3.-
135,525: tax rate. •17-20. Valuetl.1
lu 1337. fl3.12i.Wd; tax rate,
17-00. Population. 2I.'M'> n. l-oi. 10.7X1 la U7l>i .t.l.DJO in 1867.
Indianapolis. -r..t.il '."!
I- 8
m. I. 1-I3-". *l.tJ.1,0 )0. The
3onuul itoiol i-s dlsliuot orKtuii it'u sad ie> let Its own tax (92 20 for
I 334), which 1* luc.lii.le.1 lu lax
rate*, feer. are a few other e.uaii lasiie<
tnouoUng to 950.000. Poimlation. 75.0.16 In I860; 43,244 la 1870.
Valuation (one half real ralue) aud t»< per 41,000 hare ueeo
Keel Kst.uo.
Personalty.
Yean,
Total Tax.
4x44,
939.3 1. .360
913.792.290
913.123.160
911-90
Mil
11.950
13.19I.6.10
12-90
54.041.800
11-20
1387
35,765.3 .5
II. 719.765
51.435,620
Jeraey Glljr. -One of the mat i cauiee of pest tr mole in jersey City
Wnaaaia has oesa the failure to oolleot osox naainBeotsi and th>- larse
a, ooa.it of railroad propertr etsmpt from taxation, but KR. property
is now bearing a share of the tax.itlon.
.
I
i
I
—
i
.
.
1.
:
.
INVESTORS'
io
SUPPLEMENT
otlce
Miii.iTlhrn will conifer a great lavor by giving Immediate
Date of
Bonds.
DESCRIPTION.
For explanations see notes on
City, Mo.— (Continued.)
Floating (lebt bonds
Railroad bonds
Lawrence, Man.—Sewer loan
Funded debt
Kansas
par
|
1875
187 Oi' 77
••••...
1884
$500*0.
1862 to '7ft 5000&C.
1881 to '87 lOOOAc.
1873-'75 500 Ac
do
Water loan
Various. Various,
Long Island Oily- General bonds
1883-'86
500
Tax or revenue bonds
'89)
1859 to '67 1,000
Louisville, Ky.— Water works ($187,000 due
1.000
........... 1866 to '67
For improvement of streets
500 Ac.
1883
For municipal Improvement
1873
1,000
Re-constructing street
1,000
Pub.bldgs.Alnstns.$122,0C0or91,pa.at8.F.or 1871 to '73
1,000
1868
Sewer bonds
_
1871
1,000
do
...
,
1868 A '73 1,000
Elisabeth A P. PaHroad
Wharf property ($124,000 due May 14, 1898) 1862, 3, 8 1,000
1869
1,000
Jail boras
1H(!S)
1,000
For old llablll ties
1,000
$119,OOOofl901,pa.atS.F.of. 1871 A '74
do
do
1886
1,000
do
do
1,000
do
do
(half are 10-40 and half 20-40)
1880
1871
Louisville, New Albany * St. L. Air Line RR
1,000
Road bed, Louisv. ,Ctn. * Lex. RR
1871 * '73 1,000
1863
1,000
City bonds payable by Louisv. A Nash. RR.
1862 to '84 Large.
Lowell, Mass.— City notes (various purposes)
1882-83
1,000
Bridge bonds
1871 to *85 Large.
Water notes
1870
Water bonds
1,000
Sinking fund
1883 A 85
Lynn, Mom.— Water note
1870
Water bonds <$70,0C0 48,1888, due July,1918) Various
Various
Municipal loan
500 Ac.
Various
School Houses ($2,000 paid yearly)
1,000
Engine House and sewer bds.($l,500pd.yrly.)
1884
1,000
—City bonds
1869-'85
Manchester, N.
1872-'74 loo "io.
A'ater bonds
Bridge bonds
1881
100 Ao.
Memphis, Tenn.— Flippen oomp. b'ds, stamped.c
1877
1,000
New tax dist. bonds, 6 p. c. after Jan., 1889..
1883
1,000
New tax diet
Milwaukee, Wis. — Re-adjust, has. (drawn at par)
1861
500 Ac
General oity bonds (drawn at par)
1871
1,000
(not liable to be called In)
do
do
1876
1,000
do
(drawn at par)
1885-86-88
do
1882-'83
Bridge bonds (drawn at par)
1,000
Water bds., $240,000 due 1903, din at HO.cAr
1872
1,000
1883-'4 6-7
coupor (drawn at par)
do
Minneapolis, Minn.— City oonds
1870 to '75 500* Ac.
City bonds (oily $40,000 6s— due in 1899)... 1871 to '81 500 Ac.
(£366,000 due 1912 are red. 1902) 1881 to '85 1,000
do
30-year bonds
1886-7-8
do
1,000
Mobile— Fag. bds. ,dr"n at 1 00 (4 p. c. to Jan. 190
1881
500
Raehville.—City bds.($25,000,due 190DMAN o 1870 to '87 100 Ao.
.
.
.
B
Bonds
M uniolpal
Bridge bODds
o'
1885
Watei works ($50,000 due yearly after 1906)0*
Waterworks (*300,000due 1918)
1887 A '88
Ifcwark — Floating debt, Ac, sinking fund
1866 A '71
Public school bonds, sinking fund....
Clinton Hill bonds (s. fd. 3 p. o.)
Corporate bonds, sinking fund
1868 to '87
oAr
1875
oAr 1878-'80
s. f 1873-1«87
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Sewer and improvement b'ds (local liens)
Aqueduct Board bonds($2,490,000due in '92) 1867-'86
sinking fund
1879 to '85
sinking fund
do
do
1886 & '87
Funded debt bonds, sinking fund
1885
Annexation and City tax, siuking fund
1886
Intercepting Sewer bonds
1888
1,000
Jfew Bedford, Mass.—Cilj improve, (part s. f.)
1875-87 Various.
Water bond*
1867 to '76 1,000
do
187c A '84 5,000
Sewer and Bridge bonds (part sinking fund)
1881-'87
1,000
Tax arrearage bonds,
Kew Brunswick,
J.
JV.
outstanding.
do
Rate.
—
$142,500
248,000
300,000
354,000
225,000
1881-82
1882-85
do
8
When
J.
6
J.
Various
Various
A7
6
6
4
7
7
519,000
81,000
423,000
6
7
7
6
6
1,643.000
140,000
133,000
51,000
6
7
513,000
500,000
5
5
1,000,000
472,000
J.
6
5A6
1,500,000
600,000
A
A
4
4
6
911,500
438,500
686.0O0
190,000
INTEBE8T.
Where Payable and by
A.
J.
New
York, Ninth Nat. Bank
do
do
Lawrence or Boston,
Boston, Tremont Bank.
Lawrence, Mass.
do
do
A
O.
A
J. Louisville Sink.
J.
J.
500
500
Deo. 1, 1887. city liabilities wore: For general debt. $5,727 083
assessment del>t. $5,873,500; temporary loans. $805,000; du* State and
county. $1,293,060; making, with other items, $15,614,820, and water
debt addllioial, $l,959,0O». Resources: ca<h. $183,557; bonds in sluktogfuud. $8.;6,B98: unpaid taxes, $5,652,812; unpdl assessments,
82,849,^61; city property, $1,426,500; with other items, total assets,
$11,384,828. Population in J880, 120,722, against 82,516 in '70:
in 1885, 155,300. Valuations and tax rate per $1,000 have been
ear8
Real Estate.
Personal Prop.
Tax Rate.
. „£
1884
$61,571,512
$1,564,683
$3280
1886
61,894,739
4,985.200
29 40
1887
63,981.430
4.983.650
1888
64.069305
4,971,420
Value of railroad property, not included above. $25,000,000, which Is
subject to a tax rate of I per cent for city purposes.
V. 4« n 8 1.5
Halloas City, Mo.-Total funded deht July 1, 1883, $1,045
121.
deducting sinking fund assets, net debt, $700,121. In 1885
assessed
valuation was $31,678,520 and tax rate 15 mills. In 1886 real
"estate
r
U1
a9
8 a3 ^ 0; pi r Ona1 &0-*9.553.240; tax rate per
$1
0OO *iT^ ln *,a »8a real estate
r
valuation. *44.9ttl,120; personal,
«T5'o?lVo°
H, *?° u, » r c nan
tax,
$3,669,830;
tax
rate,
$11
00.
Assessed
^
fin', t\
A N.
A N.
A J.
A S.
7
M.
7
J.
5
6
FMAS
A7
1891-951902
Oct. 1, '90. to 1906
Fund Office.
July, 1898
A D. N. Y., Bank of America.
June, 1901
Various
do
Oct.1,1888 A 1903
do
Various Louisville and New York. Deo. 1, 1888 to '98
Oct. 1, 1898
A. A O. Louisville Slnk.Fund.Offlce
do
June 1, 1889
J. A D.
do
Various N. Y. Bank of America.
1894 A 1901
F. A A. N. Y., Nat. Bk. of Republic.
Feb. 1, 1911
M. A N. N. Y., Bank of America.
May 1, 1920
4A6
6
Aug. 15. 1895
1830 A '97
July, 1904
1890-1894
Various
N. Y. City A L. I. City.
In instalments.
Various
1889 to 1903
do
do
Various N. Y., Bank of America.
1889 A 1897
Various Louisville Sink. Fund Office.
1896 A 1897
J. A J. New York, U. S. Nat. Bank.
1923
J. A J.
N. Y., Bank of America.
July 1, 1903
Various
do
1891, '92 A 1903
do
M. A S.
do
7
do
350,000
do
J. A J.
do
7
333,000
Various New York and Louisville.
6
737,500 4 to 6*1 Various
City Treasury.
402,500
Various
4
do
531,000 3*sto6«u, Various
City Treasury.
1,300,000
6
M. A N. Boston, Bank of Redemp'n.
120,050 3>* A 4 Various
100,000
6
City Treasury.
297,' 00 3 la to 6 J. A J.
Boston, Bank Republic
595.000
Various
do
5 A6
do
91,500 3*a&l Various CityTreas'ry A Bk. Repub.
285,500 3*a A4 Various
do
do
285,000
4A 6 Various City Treasury A Boston.
600,000
City Treasury.
J. A J.
60,000
do
4
J. A J.
4-6
747,000
J. A J. N.Y.,ChemtoalBk.,AMemp
1,541,200
do
4-6S J. A J.
do
952,000
6
do
do
J. A J.
30,000
5
J. A D. Mil.AN.Y., Morton B. A Co.
170,000
do
7
J. A J.
do
98,000
do
do
7
J. A D.
598.000
4
do
J. A J.
do
127.000
4
do
do
J. A J.
1,183,000
do
do
J. A J.
7
1,309,000
4
do
J. A J.
do
595,500
Various New York, Nat. Park Bank
8
Various
422,000
do
do
5,6,7
4.413
do
2,195,000
Viirious
do
do
2,000 000
4
Various
do
New York and Mobile.
2,264,500
4 to 5 J. A J.
1,084,700
6
J. A J. New York and Nashville.
5*8
200,000
A. A O.
80,000
5
J. A J. N. Y., Chemical Nat. Bank.
450,000
M. A N.
do
6
do
468,000
New York A Nagh.
J. A J.
4*a
556,000
Various
Newark, City Treasury.
7
581,000 4*s A 7
do
do
400,000
J. A J. Newark, Nat. State Bank.
7
1,200,000
5 A6
Various
do
do
2,55-8,000 4,4ia to7 M. A S.
do
do
3,497,000
7
Various
do
do
1,114,000
5
F. A A.
do
do
172,000
41*
do
J. A J.
do
232.000
5
F. A A
do
do
284,000
4
M. A S.
do
do
620,000
4
A. A O.
Newark.
363,000 3*a A 6 A. A O.
City Treasury.
490,000
6A7 A. A O.
do
200.000
4A5 A. A O.
do
3*8-6
130,000
A. A O.
do
180.000
163,500
40,000
47,000
52,000
Principal— When
Due.
Whom.
Payable
7
1,300,000
1st A 2d mort. water works bonds
1867-69
Water b'ds. of '64,'73,'74 ($10,000 only are 6s) 1864--1874
City improvement bonds
1«73
Sinking fund bonds
any error discovered In these Table*.
Amount
Size or
Value.
first page of tables
ot
[Vou XLVil.
M.
M.
N. Y., Ninth Nat. Bank.
N. Bruns'k Nat. Bank, N. J.
do
do
do
1891
A 1903
1893
1888 te 1894
1889 to 1903
Deo.,1888to 1911
Nov. I, 1890
1888 to 1895
Dec. 1, 1890
1891-1918
1890-1897
1888-1897
Nov. 1, '88-1907
1893 to 1911
1890 to 1907
July 1, 1911
1907
1913
1915
June 1, 1891
Jan. 1, 1901
June 1, 1896
July 1, 1905-7-8
July 1, 1902
Jan. 1.190SA1903
1903-4-5-6-7
Mav 1, 1889-1905
1893-1902
1906 to 1915
1916, 1917 A 1918
Jan. 1, 1906
1889 to 1905
1905
Oct. 1. 1906
1907 to 1915
1907 A 1918
1891 A 1896
Oct., 1888 to 1892
July 1, 1895
1903 A 1910
Sept.,
July, 1901
1893—1909
189 > to 1909
1889 to 1890
July 1, 1896 A 97
1895
Mar. 1, 1906
Apr. 10, 1908
1891 to 1910
Oc, 1888 to 1909
Oct. I, 1894
Oct. 1,1888 to 1906
1892-1904
1, 1888-1900
1, 1889-92
Sept. 1, 1901-1902
1902-1903
Nov
Jan.
The net prooeeds from the waterworks more than meets the annual
interest charge. Population, 32,630 in 1880 23,536 in 1870.
;
mempbls, Tenn.—Total
funded debt
The
May
31, 1888. $1,241,711,
city detaulted ou its int. paymeLts lu '73, and the Legislature passed
bill, Jan., '79, repealing tne city's charter, and the •' Taxing District of
a
Shelby County" was organized. March 23, 1883, an act was passed
authorizing a settlement of the debt, which has since beeu effected at an
average rate (including capitalizations) of 60-53 per cent Beginning
With July, 18 89, interest on the Filjipen stamped »nd the new Tax District i-6s will be paid at the rate of 6 per cent per annum.
In 1884
valuation of real aud personal property, $13,499,325: tax rate. $23 50.
Population In 1870. 40,226; in 1880, 33,592; in 1884, 62,335.
Milwaukee, Wis.—The oity oannot issue debt beyond 5 perot. of its
average assessed valuation 1 real and personal property for five years. In
1884 valuation was $74,951,7-50; ln 1885 real estate, $6 1,44 5,9 1 1 and personal, $17,415,41 V; in 1886, $82,641,743; in 1887, real estate. $69,962.865; person.il, 19,009,315; aud tax rate, $1750 per Sl.Ooe. Total bonds
June 1, 1888, *3,679,500, ot whioh $2,569,100 for water; sinking fund,
Jan., 888; $389,065. Sinking funds are provided, and all old issues except the general bonds due 1896 may be oalled lu and paid by sinking
valuation Is on, -thirl the real.
fund; holders were misled as this was not stated In the bonds. PopuLawrence, mass. -Total debt, Jan. 1. 1888, $2,179,000. Sinking lation, 71,440 in 1870; ln 1885 (estimated), 160,000.
M«-'
1 '" Ta 1Ua
n '85. $27,144,050; tax rate, 16-6o| in
Minneapolis, Minn.— Total funded debt Marohl, '88, $1,824,500;
5«
•88, &f\
$27.16n,590; ,tax rate, yr„A
1040; ln '87 $28,427,123; tax rate, 17-80. sinking tund. M28.32
tat valuatlou (about 6 i 2-3 per lent) in 1888;
l
1
9
oent 0£ real value
Pop
estate $105,962,885, and personal $21,531,247— total, $127,497,1884
real
>
3™i "
?,, ^o
132; iu 1886 total valuation, $lo7.V7.-»,159; tat rate $20 6) to *22 50;
n
1,,
-T
le
* ed debt Jan !• 1888, exoluslve
!.'
of loans paya- in ls85 total, $77,500,000; in 1884. $74,308,711: tax rate
•£?
w!"f\ '*T
83^' 00
00 A" wa.er works) .against Population, 46,887 ln 1880: 170,000 (estimated) in 1888. 1885, $20 00.
IwjfJo'oOo'SS' T'fwt?'
? on Jan,
? *if™?8 7
6 slI
k,n K *•**<*"
1, 188 s, amounted
Mobile.— Valuation 01 real an. personal property In 1883. $15,350,.\ ""i
fo sw"fiV^-i?> I'
?
P
t0 hy
of 1870 was 100,753, against 738; in 881, $13,578,347. in
1885, $13,763,8 42; in 1887, real estate,
&37b8 ?n'i8Bn °Jri^ S 1118Ce 2" 8U9
g ?^? * ive tne assessed property $8,151,489; personal, 45,235.822; and tax rate, $13 50 per $1,000.
n.n.'iSX
.
valuation
IB??" ™.
*7«.02t».724, of whloh *52.269,684 was realty-;
in Population 35,000 In 1885: 31.297 to 1880: 32.034 in 1870.
1884 *iV-V c,?,2^f5i
*~1
""*?•
°0; to 1886. valuation. $61,405,515°
Nasbvllle, Tenn.— Total bonded indebtedness Sept., 1837, was
to ra* *23-0Or,,^7
3
87
n
l
* 59 496 697 *»"<»***
$2,070,000; assessed valuation of all property in 1887 wan «27,<!14,450;
atVaoy**
mx ra,e$2 0-40
rate per $1,000, $15; ln 1831 valuation was $15,219,575. Populatax
I
C W,
tlon ln 1885 ' $21,137,464; tax rate,
tion, 43,350 in '80: 25.865 in 1870.
?FTX ll, "\in
•17 50 per
i£r $1,000.
!l^<)0 ' Valuation
„
1887, $21,90 j,476; tax rate, $17:
Newark.—Total funded debt, exoludlng water debt, Deo. 31, 1887,
-
(
^
,
)
'
'
^^
'
i
,
;
,
l
m&
sMJ ndu
1
.
i~
'
-
.;
k
<
'
-
I
1
<
•
.
^^
^.
17
,
.
'
'
8
W
:
1—
SK1T1.MKEH,
1:
1:
..
.
CITY
.;
SECURITIES.
.
11
confer a gr«a t firor by glvlug Immediate notice ol any error disco rerod In theoe Table*.
INTEREST.
si.-., m
DE8CBIPTIOH.
Principal— Wheal
Data "f
Amount
Wben
Where payable and by
Bunds.
outstanding
par
due.
*•*• payable
For explanations see notce on first page of table*.
Whom.
Value.
Snnecrlecra
Trill
Mmm Brumviek. N.
J.—( Continued.!
Sinking fund bonds...
188546
500
do
do
1887
Commissioners of streets and sewers
do
do
MtmBmtn, Coem.—Sewerage
1871
1177
Bonds (10-20 l.'.lsi reduced to 4 p. 0. In 1887.;
Sewerage bds. (pay'le 815.9O0 y'rly from 'OS).
1888
Boul'v. rd sewerbMs (par.825.0j0 from 1902)
1887
ten Orleant-Consolidated debt
IBM to '84
CoaaoUdated debt, extended
CerUflcate* to fund coupons, red. at 100
1983
I debt (all extended except 828,000)..
1854-75
percent funding loan of 1369
1889
per sent funding loan of 1870
1870
City (debt assumed) extead'd
1887
I bonds itn exchange)
1875
r Works (870.400 extended)
I860
rold bonds (8405.500 extended)
1857 to "73
Hew funding bonds (8-.'0.000,000)
1888
Krwporl. Ay -Bonds 815.000 only, due 1894 ..'1870 **7l
Bond* (8700.000 for water was. 1901 to 1903) 1871 to -74
Renewal 20-yr bonds, 830,000 are 5- 20e
1880*83' 84
Bridge Bonds
1888
Ktm fork— Accumulated debt bonds, city
1869-70
Aeeumulated debt bonds, county
lSfiO-^O
Armory bonds
1884 *'89
1884 to '88
•<:
fund stock
1 «.•.•. to
1 -72 to 77
new Croton Aqueduct (took.
31*7.000
867,7*0
375.750
41,500
i
i
89300
1
100
MIU
500
--;>•.. >84
.VH)
1888-8
1171 toil
MX)
100
100
100
1888
1858 to '58
1885 to 'I
do
City Improvement stock
do
Hf
l«l7t..\V2
1871 to "88
Croton water
Crotoa Reservoir bonds
Central Park fond stock
•
do
(eons.. 8887.803 red. aft. •961
City lmpr. stork (cons. at'k). cj
op-, exea, for rag.
MO
1878 to '80
1-71
soo
City LunaOe Asylum •
l h<;;> to "71
City parks liu
1-.7:
it fund stock
sloes, c.unty, coup, ex. for reg. 1*71 A ~tl
1-71 A -72
elty,
do
100
500
808
BbbBm
2
E
do
do
ato* keate*
pka. lmpr. fd st'k, do
red. aft. 1908. ep. ex brig
elty, roupoa e ten. for resj.
do
do
do
•(HI
Hi
Hi
5O0
Hi
m*>
Hj
Hi
1871
1879
1878
•Ur
1-7 1 "78
'.•::i..:i
dty
K)
fi
do
city
<lty
lb.
dty (OK
dty
ift
.«.
il>E*
500
-1878
ll77to'it
-so
Pi
LAM)
Hi
MXJ
.VS.
I
cons
il. st'k (Biker's I.l'.li
(Harirni Hirer Bridge).. .. I-.,;,,,--,
MX)
1870 10*88
mjo
..
Cans nl stock (Metropolitan Museum of Art)
Fire Department stork
QaaeeTuort Market con*, slock, rev. bonds..
Markr\ n and Natural History stock.
H. Y. City hdafor coast of bridge ov.HariemB.
R. Y Bridge bow
do I
mini stnost ilium sflii "9(1
do do 8800,000 af. -96.81 ,421.900 af 1900.
4a do 875O,O0Oaf 1 903. it IS. 066 af. 1905.
Ninth District Courthouse bonds.
Normal school fund stork
R. Y. Co. Courthouse st'k, Ros. 1, 3. 4 A ft ....
k county repairs to buildings stock.
N. Y. al.d Wr«teli. uter •'< improvement bonds
Public school building fund stock
mi
I
».;•..-
MM
M7"
.'.OO
LSI
i-i7.% *sa
.'HO
LSw7tw'89
1873 to '81
1879 to '84
100
*».•
500
6
J
4
J.
34
3.
M
M
.
84
3,34
4l.'..OO0
3.
6*7
1,5..:
S030Q
074300
6
5*6
6
1.700.600
7.977.515
A.
M.
8 8
S
R.
Ror. 1.18894 '99
1900 * 1926
Ror. 1,1896
Aug. 1, 1889
1901-1904
July 1. 1901
July 1. 1901
July 1, 1901
Jan. 1, 1909
ROT. 1. 1896
Rov. 1,1928
Nov. 1. l-'.l
.k
>;
.•«
500
MX)
MX)
500
100
0.1 00
3OD00
•88380
1,058 000
1(H)
1 .500.000
e
M.
100
100
745.800
37.;. 600
3,000.000
>»8.000
475.000
7
M.
4
i.
*S
J.
J.
R.
R.
R.
D
D.
R
Deo. 1. 1Deo. 1.1
May
n..v. |/89,
Aug.. 1894
Rov. 1. 1910
Rot. 1,1908-1908
N
R
N.
R.
Hot.
Hot.
H
M
M *
Aug.,'94
.V
M *
7
7
v
I
.,
a
7
Rot.
H
* R.
A N
Hot.,
I •
A
M 8
N.
M
N
M.
I
1891
1905
1. 1*90
Nor. 1,1891
Rot. 1, 1888-*98
Rov. 1, 1888
Dee, 1, 1891
Hot. 1.1891
H
R.
R.
R.
A
MAN
M
M.
3
e
.
*
1,
1,
May 1, 1926
May 1,1998
May 1, 1998
_ R
6
•
May 1,1894* -97
May 1. 1903
R
.v
'
Rov. 1, 11)01-1918
Hot. 1,190.'
Nor. 1.1899
Nov 1, 1907 * *9
N
A R
M.
a 28
1,1916.
N
M.
8*8*7
1893
1,
R
R
7
6
6
e
i-J.hi.DO0
the temporary del* was 61.793.828: and the slnklnr
fund amounted to 8S.7M3 « '«-l7.Jlrt r«h. rest lo*n, sn.l bond, .t
par, mostly tb-.ee of toe dty Itself). The Aqueduct bonds are not
adir«rtilaollrtyof Ibeettr. steal and personal property bare beeu*j*asessad at about Iwo-tblrds at true value as follows : 1884. real estate.
r79^56.775; personal. 618.524,775: tax rata per 61.000. 890 30 ; 1885,
.r74.ltW.UO-. personal. •18.73o.lftO; las rate. 819 30. In
1887 total rati
was 69 1.090.5
i3. aad
and tac
tai rate.
^90358.
rata. 820 20. PopulaUna la 1870. 105,060,
138^08 In 1880. aad 155300 in 18s5.
J.
J.
M A N
1.273.000
was 87.379.000:
R
M
100
MS)
MSI
MN)
500
N
6
.V
June
5
1.166.6.6
Hi
Ror. 1, 1900-1906
Aug. 1, 1907
July 1, 189M
R
6
300.000
200.000
.
Oct. 1. 1933
Oet.l. 1904, '5A7
,v
1321.900
l s 70
oorvhooae bonds
Water stock of 1970
1678
Debt of anaaxsd territory of Westchester Co
Imp., 812.000, due Ror. 1. 1913. 1887 * '88
* O.
A O.
*R
•
.>
1900
1,
Feb. 1. 1890
l-'U. :.!> A L904
.V
<;
soo
(
1903*1910
Aug.
r
M.
M.
M.
M.
soo
VX)
i«as. Ro.'A.eaaa.exoa. for reg...
N
.v
*
I
1-J...SM)
*
7ihi.ooo
*
• 4$
4.790.000 5,6*7
*
8.885.500
eg. J. *
J. A
2*
6g. J. A
1 .000.000
eg. J. A
689300
i;.;»hi.i«»)
»«• M. A
M. A
1 .564.000
g,
7
M. A
365.000 I
-O.100
7
J. A
6.3.
7
J. *
M. A
[368448
|
i i |
M
4
M. A
9300.000
M. A
180300
3
9.450300
3
K. A
18363300 3 to 7 M. A
M .V
3
86300
M *
8
450.000
3
M. A
296.000
6 *7 M. A
868.000 4.5*6 M. A
499.500 3,4*5 M V
Hi
1
H
5.6*7 M
701.419
1894-1898
1898-1906
1, '91*1901
July 2, 1897
la9.*i to 1904
Dec. 190 .'to 1908
1892 to 1934
1892 to 1923
Jan. 1. 1893
1894 to 1923
1 894 .v 1 899
1895 * 1922
i-jj 8
When drawn.
18088 1898
1899 to ion
1918
1 39 1 8
800
1*91 to 1903
1903 to 1906
July 1. 191
N..v., 1888
Ror.. 1888
Aug. 15.'94.04,O7
Nor. 1.1888 to '99
Oct.
*
8306.000 34t..t!.7 M
18.500.000
5,196.000
.*
1905-1906
May. 1897.
un
do
do
do
.V
AJ i
7
5*6 5,
.1
do
do
do
do
do
do
.
ML* x
3
1-71
1871 *"72
1889 '..'-.
A TO
2
at
1.422.000
.'..
Orleans.
J.
J.
7
43. 6
Rew
do
do
de
*
*
*
1878 !• 1M
uxot,, -.t
l-.u
1888
1 066
I
"*J.
Varkms
7
1,331.300
321.400
City Treasurer,
J.
1,500.000
5O0.O0C
l -,«'.)
!Jts«rte*
8
73
1.000
ID.)
t..-;.-,
1-7-;
l-.il --i
Tkird
75,000
800,000
129,000
3-.000
1,300.000
l.-.'iM
do
do
do
"*'j.
J.
:.<>.>
1
"
Tax rand
6 to 10
5 or leas
(li
500
MK>
46
5
378.100
100
100
MX)
Rat Bank, R. J.
Various
6
8
7304.820
I
Bruns'k
M.4 R.
A. * O.
J. * J.
34 F. * A.
34 J. * D
5,6,7 J. * J.
6
J. * J.
J. * J.
8
Various
6
o 7 m a a
J. AD.
I .V 7
1,651.000
2.649.OO0
9.127,380
i
.
7
4
499,000
150.000
150,000
175.000
1,000
J.
M.'*"h.
7
6
"i
374..= OX)
1,000
1.000
1.000
1,000
l.ooo
1,000
*
J.
3
45.000
4-1.1.
|
AddtUonal Croton water stock
Additional walerstock. rod'm ble after 1913.
6
124,ftOO
7
s
v N
Various
75.O00
8
.V
1HSH
1888-W)
Hot. i, 1895 -'97
Hot. 1.1891
Nov. 1, 1890
Hot. 1,1890
Hot. 1, 1909
1888 to 2 147
Rot. 1,1908 *'13
N
889300
*Hot. "9T
1,
and parsoual. In '64, 8114381.744; tax rate per 81.000. 6J0-00
In '85. 6123329,266; tar rate 625-40; In 'x6, 8127.7..6.853. tax rate
6-"> 20-. In 1866-7. 6125.096.250.
rate 820 9». A scheme for settling
the debt by a bund premium drawing pi in la In practice, and drawing*
lake place Jan. 31. April 15. July 31 and Oct. 15. Populatlou In 1660,
216.090. (V. 47. p, 50, 170.)
real
Ut
Newport, Ky. -Total funded debt Jan. 31. 1968. was 61.071,009, of
wtilub aijo.ooj was water debt: sinking fund awet< Deo. 31. 16-7,
6k».7«9. tss wsied valuaUoa (about two -ulrds true ra'uei tu 1867 —
personal property W.1.716. r.al e.talc 67.023.840; tac rate 1882 to
87. indu.lve. 820 00 per 61,00); populatiou 1 680, 20, 13 J ; Inl687,
R._
_r«, Hasa. -Population. 83,000 In 1886: 21320 In
1870.
I valuations In 1887 were real estate. 6 17379.800: per•O»^property.8l5j09.694:taxrate.6l7 |o. I« 1 988 were real estate.
616.7 83\m>, and persooalty, 616.416396; tax rate, 616 per 61300.
Rew Branswlek, R. J. -There are also »li.:»<K) fts. due 0ot. 1. Rew York I'lty.—The following statement shows the details of
1688. The ti.cal year ends March 31. On M.rch 31. 1887. the asaeased funded debt and the amount la the dty sinking fund at the date*
-,
*"
•• *° Peral.OO^. Roods held by sink
**?-*?
ggj.
bag fond i
March 31, 1888. amounted to 81 I3.0J0. The dty nuances are
•»*••
1
l
. i.
'~I^**L±* *?? ??Z!TnUT'"m'a**ammt,
l
,
g
»''«
«
Oa April 1 the atatemeat was as follows for four years
J»6 debt isas cash
fa 1»85. net
and sinking fun.:
•13*8.184: la 1887, 81306J>89;bll8A. 61,473315.
Rew Haven, Coaa. -Bond
funds, 8158,169. Population In 1870.
-40.62. 5 »2. Aasessed valuatTn (about 90 perleotol ralue)
per 61.000, A.-., have bees
IVrsonaltr- Bate of Tax. Tot. DTit. Skg.Pds.Ao
'
tax
raw
6H00
-••-•Ms^snaaai
i2.ixm.ooo
1H.OOJ).O.SI
4*300300
17^00,000
.
IS
was sutiH.tue.1
«-•»'
to Is. e
i
i
6M4.078
Hi. 7-
*gj
799,000
974,000
156,159
r
»i
the ouuia- diag
8714^00
1100
1100
1100
Total landed debt Sept., 1888, was 616.573.790;
new 8 per cent 40 year Imnd*
than premium., the i' I tended
— ho•<
bond*
d. brartns 3
aad
in inper coot or leas lutere-t for
p
eertlllrst.
s.
D-ecrlptlon.
-
Jan. 1, 1888.
.6125.475.240
30,113.814
T.U..I
and the actual net debt
.r.
!i
....
Vsiuatlon
of
r
.
tfet
r.n.lM
889,301. 428
Kerenue bonds.
8370396
1865
18771...
6427,360.884
797.149.805
895,063.933
1171....
900355.700
91H.1
1882....
618I.42S.471
306,949,439
906.026.160
197.532.075
175,931,955
-.1.194,037
.1,086308316
.tooange
property.
Jan. 1, 1888.
6I26.26J.719
39.522,484
684.777,368
5,618,366
888.748385
4.554,348
Total net debt.
893,031,951
600,395,834
893,300381
The population of Rew York, by the V. B. Census. In 1870 was 912.292
and 1,206,299 In '80. Jan. 1. '65, and dnoe Jan., '72. the ra'natlon. rate
of taxation, and net funded debt at end of year hare 'wen as follows
l'.r»..n,il
Baal
Tax p 91,000
Nit Debt,
Years.
Btato. City.
.71,090
su
1, 1887
8124.982.736
41.205.470
Jan.
l-ess
staking fund
l
34 90
5 20
3 76
3 56
3 43
624 »4
23 81
22 72
2194
22 37
3 12 22 18
22 50
—
63 -.,973,597
85,467,164
117,700,742
—
Annexed towns Included.
'.483
:
)..
;
INVESTORS'
!•->
;
:
SUPI'LK.M KNT.
[Vol. XLVII.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered in these Tables.
INTKRKST.
Date of
DESCRIPTION.
For explanations see notes on
Bonds.
first page
Morfolk, Va.— Coup, bonds ($113,400 due 19 14)
Coupon bonds or 1881
.-••.ui-v
Trust and paving, coup. <$189,!>00 due 1 893)
Size or
Amount
par
outstanding.
Value.
of tallies.
1870-'84
1881-'86
1872 -'73
1887
1871
($5do,OCOdneMay',Y9ui)o
lrtff water works
I860
Omaha, Keb.—V. P. Bildge and Depot bonds.
1880--83
Nov..
1900)
....
due
Bonds ($66,100 ore 7s,
1**8
New bds, $25,000 due yearly, 1889 to '97 lnol 1882-'87
Funding and Sewer bonds
1886
Faterson A J.— Bcnooiiids $2,000 are 4 ijs. A AO) 1859-'86
1871
Funded debt bonds, $5,000 due yearly
1869-'82
Sewer b'ds ($2 1 4,000are J. & D. & $90,500 5b)
1887
Sewer appr. bds., $11,000 due y'rly fr. 1900
War bounty bonds (about $20,500 Hue yearly) 1864-'65
Renewal bonds. "B," "C," "D." "E" and "F". 1877-'87
1888
Park bonds, payable yearly after 1907
.
<
$100
100
100
500
100
50 Ac.
1,000
1,000
500
500
500
500
500
500
Peoria, 111*.— School loan
War loan
Water loan
Refunding
-
Philadelphia— Consolidated city loan
1855
Bonds for railroad stock BUbsidy BUbscript'ns
1855 to '71
for water works
do
for bridges
for park ana Centennial
for war and bounty purposes
municipal, school, sewer, Ac
Guaranfd debt, gas loans,$980,200due '99
1859 to '70
1868 to '70
1862 to 65
do
do
do
do
1.860 to '70
1868 to '74
.
1879
Fourp.c.lo'n("H"-"Y")$400,00O,dueyly.af.'89
cAr 1868 to '74
Pittsburg— Water erten. loan
r
1878
loan
Water
1845 to '72
Funded debt and other municipal bonds
c*r
railroad bonds
1863
Compromise
Funded debt iuip.bds(77,000onlyduel912)cAr 1882-'83
1885
cAr
Improv. bonds (Aot of May9,'79)
1869--70
Portland, Me.— Loan to Atl. A St. Lawrence RR
1872
Railroad
Rochester
&
Portland
Loan to
1872
do Portland A Ogdcnsburg
1867-79
notes
proper
and
Municipal—
1887
Funding loan (redeemable July, 1902)
1863
cAr
Providence, K. J.— War loan bonds
Water loan bonds, gd. ($1,777,000 are 5s, cp.) 1872-74
cAr
1876
do
do
1836
gold coupon
cAr
do
do
1875
b'ds,
sterling
cAr
loan
sewer
City Hall A
1879
cAr
loanofl879
do
1879
due
r
1899)
loan
($450,000
Public imp.
1872
Prov. A Springfield RR bonds, guaranteed...
1879
r
New High School Building certificates
r 1866 to '77
III— Bonds
1870
Miss. A Mo. KR
50 Ac
50 Ac.
50 Ao.
50 Ac.
50 Ac.
50 Ao.
50 Ao.
50 Ao.
25 Ao.
100 Ao.
25 Ao.
500 Ao.
100 Ao.
100 Ao
100 Ac.
1,000
500 Ac.
1,000
500 Ao.
1,000
lOOOAc.
lOOOAc.
lOOOAc.
1,000
£100
lOOOAc.
Large.
1,000
Various
Quiiicy,
r 1886
Bonds ($184,000, due 1908 int. July 1)
BieAmowd.Ta.— B'ds ($197,799 d. July,'88).oAr
Bonds, reg. and coup. ($213,500 are coup.).
A
'88
....
.
New
fives.
10-34 years
r
r
Bonds ($276,000 due 1920)
1872
Rochester, N. Y.—To Genesee Valley Railroad
To Roch. A State L. and R. N. A P. Railroads. 1872 to '74
due
1872
to '75
($335,000
1902)..
improvements
For city
1873 to '76
Water works loan, coupon and registered
1875
Fun dine loan
1882
Consol loan
1885
Local improvement funding loan
St.LouU— Renewal bonds ($ 00,000 only are 7s. 1868 to '79
1880
10-20s,
int.
J.A
D.)
$&.£
($548,000
Ren'w'l bds,
1882-83-85
do $ & £ (10-208)
18-<7
do
1888
do $A£($l,561,0O0 dueApl. 10,'08)
.
1
1,000
lOOOAc
Various
lOOOAc.
1,000
5.000
5,000
Various
1.000
1,000
1,000
1858 to '75 Various
General purposes
1868
1,000
Tower Grove Park bonds (gold)
1869 to '75 1,000
Sewer uunds ($336,000 are gold bonds)
1870 A '72 1,000
New water work bonds (gold)
1874
1,000
Refunding water pipe, special tax, gold, $ & £
1874
1,000
Floating debt
1866-75
1,000
Real est., g. ($25, 000 5s'90,$245,000 6s 1906)
1872
500
Bridge approach bonds (gold)
1885
Bonds for St. L. Gas Light Co., Judgm't.S or $
1,000
1872
1.000
St. Louis Co. bds. assumed, genl. purposes, g.
Park bonds, coup., gold
1875
do
do
1,000
Joseph, Mo.— Funding bonds
Funding bonds
1881
1883
Bl.
...
$860,200
660,000
290,800
37,500
640,000
162,850
'
Whom.
6
Various
Norfolk and Baltimore.
5
A.
A.
8
5
500.0(10
18,438
1,232.900
100.000
234,000
2,346,608
1,179,700
1,478,550
428,700
128,000
750,000
534,000
3,182,000
410,000
100,000
150,000
4,364,000
1,024,000
913.000
2,850.100
3,657,000
511,000
340,000
564,000
1,700,000
800.000
900,000
465,000
461,000
950,000
600.000
1,900,000
819,200
90i;,000
....
mO?
.
Where Payable and by
5
M.
10
A.
A8
H.
6 A7
242,000
6
877,000
5
100,000
4»fl
£4,000 41* A 7
65.000
7
383,500
5,6,7
65,500
4
270,500
7
383.500
125.000
4
345
7
4>«
929,420
255,000 5, 6 g.. 7
.|U
345,000
929,420
6
564,500
6
6,401,800
6
3,836.000
6
8,403.200
6
11,706,500
6
16,241,100
6
3,500,500
6
6,243,975
4
4,282,500
7
300.000
6
1,226,000 5,6 A 7
2,179,223
4 A5
1,480,000
5
3,734,700
4
308,000
6
416,000
6
1,200.000
6
726,500
6
787,000
4
300.000
5
4,000,000 5 A Us.
1,500,000
5 g.
483,000
3>sg
1,397.250
5 g.
600,000
4 "a
596,000
5
1884-85
$19,205,501
$25 00
$3,816,500
$1,168,500
1886-87
20.467,176
3,913,863
25 00
1,167,000
1887-88
20,465,428
3,916,403
25 00
1,347,200
—Population, 51,031 in 1880; 33,579 in 1870.
Peoria, Ill.-Funded debt Dec. 31, 1887, $635,000
l
k& <
^185^667' FoVubrtion,'' 29;259 in
So
Q',o*f
!SV inP!LSr**L
in V'o
22,849
1870:
1886 (estimated), 45,000.
188 8
e
i JISHfs'nWnTwo'Wc.L.
i° '"JKled debt was $57,826,495,
(against
$/0 970,042 in 1880), of. which
$6,401,800 was for water debtinking fund assets (City, State and Gov. bonds at par, etc.), $26,488,905.
:
When
Pay'ble
266,1-
Personal
Tax p $1,000
Real
Net Debt,
Estate.
Estate.
State A City.
Years.
Dec. 31 •
$202,673,866
$24 00
1885.... $1,168,443,137
$93,031,951
2? 60
217,027.221
1,203,911,065
1886
90.395,634
253,148,814
2160
1,254,491.849
1887
93,300,581
1,302,818.879
250,623,552
22 -.0
1888
The Legislature passed a law in 1885 that the indebtedness should
not exceed 10 per cent of the assessed value of real estate, and this 10
per cent was construed by the Court of Appeals not to Include the bonds
In the sinking fund as a part of the debt. (V. 43, p. 41; V. 44, p. 204
V. 45, p. 86, 541 ; V. 46. p. 60; V. 47, p. 21.
Norfolk, Va.— Total funded debt June 30, 1887. was $2,472,398,
of which $u4O,0OO was for water; sinking fund appi oprtation for 188788, $9,264. The assessed valuations and-tax rate per $1,000 were
Real Estate.
Years.
Personalty. Tax Rate.
1885
$12,307,131
$1,899,550
18
1886
11,963,450
1,739,630
18
12,094,205
1887
1,642.820
18
—Population by U. S. Census in 1870, 19,229 ; in 1880, 21,966.
Omaha. -Total funded debt May 1, 1888. $1,398,950. Assessed
valuation in 1887— Personal property, $3,716,625; real estate, $12,798,119; total, $16,514,744; tax rate per $1,000, $46 50. Assessed valuation is remarkably low (treasurer says one-eighth of true value), hence
tax rate appears high.
State taxes are levied on tame valuation,
which explains the undervaluation.
Paterson, N. J.— Finances are apparently In a sound condition.
Floating debt March, 1888. $258,000, 1'iie assessed valuations, tax rate
per (1,000, Ac, have been
Years.
Real Estate.
Personalty. Tax Rate.
Debt.
,
Rate.
6
AO.
AO.
A
do
do
Norfolk.
Norfolk.
N. Y., Cheni. Bank.
Kountze Bros.
8.
AN.
AO.
New York and
Various
Semi-an
Various
F.
J.
J.
A
Various
A D.
AD
A. A O
Various
M. A N.
J.
J.
Various
Various
J.
A.
do
do
do
A.
AD
AD
A
AO
A J
Various
J.
do
do
J.
July, '94 to 1914
1911 to 1916
Apr..'92,July,'93
Sept. 1, 1917
1901.1914A1915
Oct., 1889
1900 to 1303
July. 1889 to '97
do
do
do
1902-1907
Aug., 1906
1888-1904
do
do
1888 to 1900
1888-1902
do
do
do
1900 to 1905
do
do
1888 to 1900
do
do
1901-1916
do
do
do
1908 to 1912
N. Y., Merch. Ex. Nat. Bk
Juue 1, 1890
Mar. 1, 1902A'03
do
do
do
Aug. 1,1889-1901
do
N.Y., Am. Exch. Nat. Bank.
1908
Philadelphia, by Treasurer. Jan. 1,1889 to '97
do
do
1889 to 1903
do
do
do
do
do
do
1891 to 1905
do
do
do
do
1899
to 1905
do
do
Dec. 1888 to 1904
do
do
Phlla., Townsend, W. A Co.
1893 to '98
do
1908
do
Pittsburg and New York.
1893 to 1912
New York, B'k of America.
1913
1912-1913
Pittsb're and Philadelphia.
Pittsburg, Treasurer.
Deo. 1, 1915
Nov., 2, 1888
Bos., Maverick N.Bk.orPtld
July 1, 1897
do
do
do
Sept. 1, 1907
do
Boston and Portland.
1891 to 1897
July 1,1912
do
do
Jam, 1893
Providenoe.
July, 1900
Boston, Prov. and London
July 1, 1906
N. Y.. N. City Bank, A Prov.
N. Y., Bost. or London.
Sept. 1, 1916
July 1, 1895
London, Morton, Rose A Co
June 1, 1899
Providence.
July 1, '99 A 1900
do
1892
do
May 1, 1889
Boston and Providence.
City Hall, by Treasurer.
A J.
AD.
M. AN.
J. A J
M. A 8
m'nthly
J. A J.
J. A J.
J. A J.
J. A J.
M. A 8.
J. A J
J. A D
J. A J
J. A J.
7
VarioiiH
4>a
New York,
6
J. A J,
6
dig
A J.
A J. Richmond, Treasurer.
6
do
do
A J
8
do
do
5
A J
do
4
A J.
do
A J. N. Y.. Union Trust Co.
7
F. A A. New York and Rochester.
7
Various
do
7
do
N. Y., Union Trust Co.
7
J. A J.
do
7
J. A J.
F. A A
4
do
3
do
J. A J.
A7 Various N. Y., Bk. Repub. A Bk.Com.
5
J. A J. N.Y.,Nat.Bk. of Com.ALon.
J.
Principal— When
Due.
July 1,1890 to '99
Jan. AJulv, 1900
1, 1906 A*08
J., 1888-1914
1904-1909
July
A
J.
July, 1914-'21
1920
A
1921
Jan. 1,'89 to 1903
Feb. 1, 1893
Jan. 1889 to 1902
Jan. 1, 1903
Jan. 1, 1905
Aug.
1,
1912
1890, redeem.'87
July 1889 to '99
Jan. A June. 1900
1902-'03-'05
4
Various
do
do
3'65
do
do
1907
4
a.'a'o.
do
Apr. 10, 1908-' 18
do
6
Various N.Y., Bk.Com. A Bk. Repub
May 1, 1895
6g. F. A A N.Y.Nat. Bk. of Republic.
Aug.. 1898
6 A6g. Various N.Y.,Nat. Bk. of Commerce Aug. 1,'89 to '95
§*• Various .V.Y.,B'kof Com A St. Louis. 18 <0 A 1892
6g- M. AN. N.Y., Nat. B kofCoin.ALoii. July 1, 1894
New York or Louaou.
J ul v 1, 1894
do
5 &§' M.
do
18U0-95 A 1906
6 g. J. A D N. Y., Nat. B'k Commerce
Dec. 10, 1892
AN
i e
-
2*
2*
6
J.
J.
A.
F.
F.
AD
A D.
A O.
AA
A A.
N.Y., Nat. B'kof Coin. ALon.
N.Y., Nat
Commerce.
June
Bk
do
Nat. Bk. Commerce.
do
do
N. Y.,
1,
1905
June, 1892
April 1,1905
do
Aug.
Aug.
1,
1,
1901
1903
In the following table the assessed value of real estate is near its cash
value, and debt includes outstanding warrants.
Debt on Dec. 30. Real Estate.
Years.
Personalty. Tpx Rate.
1877-8
1884
1885
1886
—
$73.615,352
64.131.362
62,589.679
Sos6,98S,097
587,749,82s
10,035,600
601,001,971
10,307,644
618 05ft.9«7
5:>,840.046
10.61°-
325
$2150
18
18
IS
18
50
50
50
50
1887.
58,77^,213
644,063.374
3.149.665
666,324,799
3,182,765
Assessed valuations of property for 1888 were: Full citv nroperty,
$580,299,595 (tax rate, $13 50) suburban property, $42.222",940 (tax
rate, $12 33); farm property. $18.6110,504 (tax rate, $9 25). Population. 1870. 674.022, against 847.170 in 1880.
Pittsburg.— Total debt Jan. 31, 1888, was $13,203,423; net,
$10,772, J50.
The assessed valuation in 1884 was: Real property;
$105,404,720; personal, only $1,838,258; tax rate, 1884, $16 per $1,000
Valuation of real estate in 1885, $108,530,608 ; personal. $3,000,000;
tax rate, $13. Valuation of real estate In 1887-8, $132,26(1,000; personal,
$2,464,000; tax rate, $18. Population, 156,389 In 1880; 86,076 In
1870. and on July 1, 1887 (estimated), 205,000.
Portland, Me.—The sinking fund and available assets March 31,
1888. were $146,652, not including $1,350,000 P. A Og. RR. bonds.
The city is protected by mortgages on Atlantic A St. Lawrence Railroad.
Population in 1880, 33,810; 1887 (estimated), 40,000. The assessed
valuations, tax rate. Ac, have been
Real
Personal Rate of Tax Tot.Deht Sinking
Years.
Estate.
Property, per $1,000. Mar 31. Funds. Ao.«
1884-85.. $20,794,300 $12,014,435 $20 50 $4,286,000
$106,408
1885-86.. 21,208,000
2100
11.759,525
162,386
4,285,500
1886-87.. 21,571,000
2100
167,627
11,862,200
3,942,500
1887-88.. 21,850,500
2100
11,901,540
3,437,500
146,652
* These do not include the sinking funds for railroad loans.
Providence, it. 1.— Floating debt Sept. 30. 1887, $839,429. The
sinking fund for bonds due in 1893 is $355,580. 1895-99, $813,072;
1899-1900, $166,550; 1900-06-16, water loan, $474,033. Sinking funds
are invested in the city's bonds and notes. Net expense for water
works in year 1886-7 was $11,887. Population, 1870, 68,904; 1885,
118,070.
The laws of Rhode Island now limit the debts oi towns to 3
p. o. of their assessed valuation.
1888
;
.
toTBXBKB,
188'.
>
.
.
.-
:
:
:
CITY SECURITIES.
|
will confer m great favor by giving
DESCRIPTION.
for explaiiaUona see notes on
first
•dee
I
Date of
Size or
Bonds.
par
Value.
page of tables.
7
LStfl -
ML Pmu, Mia*. -Bond*.
#1,000
>
1870 to '8ft
do
do (30 yean)
Waterworks coups, (acts Feb.. 81
Jfosa-Clty debt (#300.000
1.1100
1-rtOto-Tv. Various
A '88 1.000
1888
A Jan.,
Jan rraneuto— Cent. Pac. RR.. coupon
do
Western Parinc Railroad.
School bonds
1808-0
1-71864
1865
1-70
1874
500
500
500
500
imteT* 500
1-71 to*73 500
1874
500
1873 to '76 500
((rold).
do
.
• of
City Hall
Are
) (Act March
fyrtng/Uld, Kaa.-Clty notes
....
.
a
fund city bends, coap.
Pleating debt rrfnn Hu* bands
Toledo A Wonlvllle Railroad. U l et uaWatar works (#3.000 only 8s).
•ride* bonds (rwlaoosable after 1893)
V^resdar. JT.-Oty. (#900.000 c. #1.443,400
I—
.1
IVraoI.al
Tax per
#1.000.
DaM
#14 50
•9.941.188
9^00.6-tH
in-.;
18-7
99.7ftl.Oi0
SA*87*80
U.S.
14 50
l#H
|**X»l#*#0
33.837 ,-4<>
1
.
Total
1450
1450
91*14*00
33.281*00
l.-».f.7».-.
1.41- 1J.
i.70i*#e
1.815.811
IS)
.
T»ta< ronded debt Sept. 1. 1948. #1 792*00. agilu.t
assessed valaatbm in 1--7 about #1.500.
. 1881.
true vein*. Population la 1888 s'->at 38.O00. An
OOO IliUrn Tm
annual .inMi.- f
d of 84**00 I* rapidly rsdaolng (be debt There
are also #33.400 3 per canto (M. A 6.) dae 1902.
111. I......
.bt Jan. 1
33683. I
;-r«ual. #10.90-3.812: tat r
real estate raluail.ii. • 1
rnal estate. #33*17*07: persnoal. til. '.73*48.
real estate. #3.'
(ax rate per #1 oo... #1
.688 tax rale. #14. Population. 63,000
tal funded debt, 85.254.000 July. 1 8-»#.
The bonds
•fUeoeses Valley KK- loan. 61 2-.0OO. are provided for by net receipts
lease of said road to Erie Railway. Population. 89*66 to 1880;
trwi.
•J. estlmslerl. 106,00a
I
(00
per rt. of true value), rale of tax. Ae., nave been
Personal
Tax per #1,000
Funded
rtuue
InoldWi
.
la
old Ward*.
M
i
:
;
....
m
tseaoevjoo
ViM.ooo
27-65
H
-lOO
-.'.•
2*89.000
MPSS
5. >99.000
3*45.000
1522
^ 488*90
4*39.000
16 .".
7#*0«*t#
4.100*00 9-91 lo 16-38
5.254.000
In 1888 real estate valued at SO p.e. Popolatloata 1888 about 130.000
.luat'nof real and personal estate. 188 3. about
tax rata. #36 par #1.000-, 1886 rsluelloaa. #3.788.78..: tax
J 50 peral.000: 1887, tax rate. #24. Population. 7*99 la
38*63.».<0
Bt.
Joeaaa,
*
82*31:
axe.-Pouillatlii* la 1880.
la 1470.
19*65;
In
18w7.astUBatal6O.0OO. Isse. 31. 1887, there were In addition to bunds
given above #*8.4 -O small 1
and the total funded debt was #1,74*.630-. cash la sinking funds, #44,093.
hal f of aetoal valuation) and
The saneaed valuation* (la 1887
tax rata per 81.000 tor Urn* year* ware as below
1883
1884
—
Beni estate.
Personal.
87*66*50
#3*78.193
Tax
--'
A.
A.
7
rate.
•-.
<%
oo
8
A
A.
la
above
18—
h,
f
and #100.000 Plre iw.t., 6*. due 1893.
of property aad tax rale have been:
Real Estate -Rate of tax per #1.090.-.
l>r~.nal
New
I
Limits
1884
18JB
1886
#3 00
...
I is
1887....
..
314
21.
.
-,
ft
IS)
IS)
p. 586; V. 45, p. 26.)
IJmlts.
#17 30
17 50
17 50
17
M
Bonded
Debt,
822, 101,000
2J,'i
83,94^.iS*0
33,103.000
m. faoi, 'id. n. '.pnlation In 1870 was 23*00; la I860, 41.498;
87 the local estimate of population I* 148.017
'
valuelions of taxable property aad tax rate have been:
Perauaal
Rale of Tax
Total
o
.»_
Real Batata.
Property,
per #1.000.
Debt,
#31.000,000 #12,000*00
#Tl 30
17,000.000
ie oo
50,312*12 14,291.946
19 00
.......... ..08.t39.370
13,381,481
17 50
Valuation of real estate I* aboatooa-haUof Ira* value.
June 1,1890
1, 1894
1897 A 1904
Nov. 1, 1891
July 1, 1804
July 1, 189*
July
18M
Feb.
1— 8U.1907
Oat.
tt .
O.
Cm
Various
|
do
do
Y.. Imp.
do
1.
1988-18P2
do
do
A
Apl. l.*94 > tol9-»
April 1889 to 1893
Trad. N. Bk.
1899 to 1*17
do
i8-;t
L«M
do
May 4. 1900
do
1893 to 1899
do
Oot.1. 1913
C.Treas. A Boat. Menu.' Bk Jan. 1.'89 to 1905
do
da
ISMdsjaWM
do
do
Dee. 1, '90 to 1915
do
do
do
O nline , .via**.- In ad.lltion lo the debt as above given there ware
Jan.. 1888,807.207 treat funds, mostly payable on demand Tbe sinking
fands Jan,. 1888, were #4 -.7.281. eonslstiag principally or City of Salem
bunds. Population. 87*63 In 1880; 3*417 In 1870. Tax valuation,
1 8- 1. #15*28.342:
tax rata. #15 SO. la 1883 valuation. #25.614,1 15
atrale,#16. In 1884 valuation, #25*60,773; rate or tax, #17 50. la
al estate valuation. #12,831*00: personal. Ae., #12.234,830;
total. 825.068.130; tax rate. #18 5a
In 1886 valuation of real estate,
*l3.-J83*0i-;per*oaal.#!'.'.9i7.02l: total. #26,220,323; tax rate. #15 50;
In 1887. real estate. #13.312,900. aad personal Ac., 612,634,827; tax
rale. #16 00.
•eta Wranelaco. -Population. 333.939 In 1880: 149,473. in 1870.
Ta* Montgomery Avenue aad Dupoot Street bond* are special Issue*
chargeable only on tbe assess m ent or property beneBtted. and suit*
are la proKTea* to determine their legal status. Tbe Jcdslon ha* been
In fa v..
but the ease was appealed to the U. 8.
Huprenie Onirt and remains pending.
Sinking funds on hand Oot,
net funded debt Oct. 5. 1887, was #1.200.920. riie
following valuations are made by the otty and county tbe valuntloas
by the State betag dlnarent, bat the lax rata below Includes that for
.
Slate purpose*
1888894
Realty.
Personalty.
6158.724.a6w
8*2.372
59,013.872
56.192,933
Total
Rata.
BIS 97>a
13 73
Tax
171.416.438
1. >.
31.71
15 71
191.808.111
17.36
Mavannah, tsa.—Total fumled debt Jan. 1. 1888, 83,676,400.
Hln.liDcr.ii..
in l—>: pircbased and eaneeled #32*oj bonds, but no
!...n 1. are drawn.
Default was made oa Interest Nov. 1, 1878, In ouneequenoe of yellow fever aad aoo-ooUeetion of taxes, and compromise
bonds were Issued on certain terms. Isinmil value of real estate and
tax rata eaeh year have been as follows In 1881, #10,500,000, #25;
1882. 810.650*00. 830; 1883. 610.900.000. 830 in 1884. #12*00,000,
830: In 1883. #13.000,000. #M 23; In 1886, #13.400,000, #21 25: In
•13.700,000. #21 25. Population In 1870, 28,235. against 30,709
in 1-Boaaervllle, Tf ae*. -Total debt. May 1, 1888. #872.500. at which
?>Owaswat<-rd.bU The large reduction of debt u 1#832.500) ws a accomplished by applying entire sinking funds to it*
payment. Property valuation In 1882. #23.162.200; In 188j. #23,812,900; in 1884, #24,331.100; In 1885, l3,!).)7.7.K); in 1888. #26.003.ii rate in 188.1. #13 to. lo .887, #1180. In 1848 real estate was
-.200; personal, #2.274.803, and tax rate, f 11-OJ. Property
-
1
188788
I
:
;
I
<
addition to tue bonus
table, there are the following
A
6 Various
Personal
i
of the 4 per cent boad* of
A
MAN
Various
7.87J.150
3,700.222
42
15,000.000
Jl
St. Louie. Population by the United State* census la 1870 was
310.8*4. against 350*18 In 1880. The city and county were merged
by law 1*4877 and etty assum ed the county bonds. I claim of the
Laato Oaatlgat Company for gas ruraiaheo. aaoantlng in all to
ran
1904
1894
do
do
do
Salem and Hampden Co.
O.
O.
Various
farton*
5
5
A
785*00 4.4»*,5 Various
»1.<
9.767.616
7
4 ton
4,
1,
1,
Various Boston. First National B'k Apr., 1889 to I860
8*8
7-3
JL
1918
1, 1909
July 1, 1913
Boston. Nat. Security Bank Jan. l.'89tal<>00
Variant!
6A
1. 883.400
Assets in Sink.
Funds. A..
9.-.68.188
£
A
Mayl. 1895
do
do
do
do
J.
v.. nou.
U
.;
July
July
San.F.A N.Y.,LakUawA Co
N. Y., Eugene Kelly A Oo.
J.
P.
4
100*00
500 AC.
do
do
do
do
do
J.
4>*
6
1,032*00
I870t..-'. 888>an
Property.
.
61*00
27*00
A
A
T»
5
350*00
S3 1.f32*00
80*04.400
Estate.
.
J.
364*00
-4
#9O.14J.4O0
91.642.100
92.8-7 400
97.975.900
War.
1883.
1864.
1866
M
It
432*00
to '83
do
do
J.
-
919*60
3*66*00
ISTOto'M 500 Ac
A
1916
1912 to Htlft
Jan., 1889 to 1896
Apt. 1,1893-1818
City Treasury.
A A O.
J.
J.
do
do
do
do
Various
Various
-
•73,-74A79
1881
Due.
A J. 8aaF.AN.Y..Laldl*wAOo
M. AN.
do
do
l g
do
do
g J. A D.
l
da
do
6g. J A J.
do
do
2* J. A J
374*00
WTO
r.)
• B
6
6
1-71 '77
or war debt (all registered).
Water debt. reg.
A*
310,000
150.000
Wkn
Prinolli.al-
Various M. Y. Chuse National Bank
1907 to 1912
Various
do
do
1897 to 1916
Nov., 1888 to 1904
Various
do
do
Various
do
do
Oct., 1895 to 11.03
Various
1893 to 1904
do
do
4
475*00
1875 to '87
i
INTEREST.
Where Payable, and by
Pay'l.Ic
whom.
Whrll
4
286*00
Large.
1.000
1.000
1.000
....
Water loan i'rioo.000 are is per oenUl'
7
8
-7.0.MI
l-7«t..-3 Various.
l— .jtos- 1.000
Bonds
507482
368425
161,000
Ac.
Ac.
Ae.
Ac.
Ae.
Ac.
Ac.
Ac.
100 Ac
100 Ac.
i--.i
of any error discovered In these Table*.
6
1.579*00
1878
lira
1876). ...
jsromlaa bonds of 1879...
; bonds of 1883
m>mtrwill*, Jfoss.-Bonds (#10,000 3»«s, 1904).
4,
4
S
398*00
1-73-74
(special tax)
'
100 Ac.
100 Ae.
1.000
Various.
1.000
l.#00
S
488.000
873.000
1.5O0.0O0
323.300
300.000
Si*<d-a l.OOOAc
'S3).
6s)
13
Bate
i-«;-t.,-l 500AC.
1884 to "78 Van. mis
'
;
Baal Kv.t.-.
35,084,430
8,188*88
38.676*00
9.260,459
8,792,686
8,837*86
I-.780
Tax
rate
per #1*00.
12 50
12 50
12 50
14 00
I* 80
12 80
13 80
9,143,412
9.416,384
-Valuation of real estate I* about 75 per cent or true value.
Toledo. -Total f m.led debt. Jau., 1888. was #3,142,700. Or this
tbe ir i payable by special aaseasment* was #23,700 Sink, fund assets,
#109*0 >. In eldttiou toboudsas given above, there are #29,000 8a, due
1891 and 1S93, and #80,000 5*. due In 1888. 1893 and 1903. Taxable
valiiauot. (. o per cent) at real estate, 1883, #21,733,^40; oeraonal.
#8,157,060: total valuation. #2'.).<J30*b6: tax rate. #28 per #1.000. Valuation, 1886. real eatate. #22.179,770 personal. #8.1 I8,62i>; total valuation. #30.294.390: tat rate. #23: 1887. real. #22.33J,9l0. personal,
:
tax rate, *ii ("I'y. #1450; sohool.
8tat<-. #2 '.ii>; ...mm-. 83 hi,
I'op.iutiou. 50.137 in 1880:
..
1-88, esilmaUMl. 73,000.
Worcester, via**. - r.mu ruuiled debt, Jan, 1, 1888. #3.383.700,
of wblob #83.>,300 was water debt. Cash assets Doo. 1, 1887. #1,418.317, ln.-lu.llng#Ui:i... .J In .niknu fund, l-opnlatloii, 80.0.M), estimated
Jan. 1, 1888, 38.21*1 In
Tax valuation in 1882,
tax rate. #17 40 per #1,000. In 1883. #48.
rate.61720. In
ax rate. #1(1 80 In HS3. 432,714910. tax rate. 618. [a 1481. 631.360.38-.I. tax rata,#l8. lu 1887, reaL
-.075; tax rate, #17. Property Is aaaoasod
at actual value In 1888.
total, *ii.8ii.'.;ijo;
.190.
I
.
I
1*21,00/
JPTSfTiK;
W.93ft.830
•S3,79S*30
.
..
great favor by giving Immediate notice of
Subscribers will confer
DESCRIPTION.
Miles Date
ot
of
For explanation of column headings, Ac, see notes
Road. Bonds
on ttrst page of tables.
Ala. y. 0. Total <t Pae.
June.— lstdeb.,red.atll5.C
C
2d debentures
t
Ala. at. Soulh'n.— 1st mortgage
Gen. M. redeem, at 110 June 1, '98, $20,000 p. m.
Albany d Susq.—StocS, 7 p. 0. lental D. A 11. Canal.
Albany City loan (sinking fund, 1 per ot. yearlylo
Oonsof. m.. (guar. D. A H. endorsed on bouds)o*Ar
Allegheny Valley— General mortgage (Klv. Dlv.)..o*
Bonds to State Pa. (endorsed) 2d M.. East ezt..o*
0*
let mort., Eaet'n Exten., guar, by Pa.
Funding Income bonds, with traffic guarantee, o*
RR
Amador Branch— \*l mortgage
ConsoT. bonds, gold, ($7,500 p. m.)
5 p. 0. bonds (drawn at 101) s. f. $34,250 yearly.
8. F. 5% bds.plain (red. at 101) s. f. $37.000 yearly
ctr
4««%s. f. ode. (dr'n at 100) s. f. $78,000
6% s. f. secur'd. bds. (dr'n at 105) s.f.$123.0OO e.vr
Collateral trust bonds., gold (V. 44, p. 245).. .c.tr
At. T. AS. Fein < hie. (terminal) guar. $10,000.0U0
Wloh. &8.W.,lstM..g. ($15,000 p.m.), rental guar.
K. C. Top. A W.lst M.,g. ($13,000 p.m.),reutalgu.
Inc. bds., ($4,600 p.m. guar.)
do
do
Pueblo A Ark. V., 1st mort., gold, j $14,000 p. m.
o*
Pn. A A. V. 1st (A 2d on 148 m.). 5 guar
p. m., gd,. guar.
K. C. limp. A So., 1st
, $8,0(
290
290
209
142
142
132
110
110
8.
A
Ft.
8m.
$8.000
1st.
.
p.
m.
g..
guar.
.
1865
1876
1866
1870
1871
1874
1877
25!)
27
470
372
206
.
M
1882
1884
1878
1888
233
35
Arizona Mineral Bell— 1st M., g. ($20,000 per mile)
71
Asheritte <t tipartanbnrg—lnt mortgage, gold
254
Atchison Col. <t Pacilic— 1st mort., guar. C.B.U P..
34
AleAiton Jewell Co. <t West.— 1st M„ guar. C.B.U. P.
3,016
Atekieon Topeka d Santa Fe—Stock ..
470
1st mortgage, gold, ($15,000 p. m.)
Land gr. M., g.. ($7,500 p. m.) pay. from land rec'ta
Cowley
SUPPLEMENT.
INVESTORS'
14
27
66
66
148
144
64
92
1885
1879
1879
81ze, or
Par
Value.
pal,
Amount
$7,128,000
$1,000
1.714,000
£276,000
$100
$3,500,000
1,000.000
9,769,000
4,000,000
2,100.000
10,000,000
9,726.300
675,000
700,000
500.000
4,070,000
542,000
75,000,000
7,041,000
2,411,500
108,500
974,000
3,491,000
4,610,000
14,422,000
15,00 >,000
4,003,000
412,000
854,000
200.000
1,633.000
2,082,000
532,000
798.000
1,000
1,000
1,000
1,000
1,000
100
1869 500 Ac.
1870 500 Ac
1873 500 Ac.
1,000
1880
1,000
1S80
1,000
1880
1881 1 .OOOAc
1887 l.OOOAo
1887
1,000
1872
1875
1,000
1875
1,000
1875
1,000
1878
1,000
1879
1,000
1879
When
Where Payable, and by
Whom.
Payable
6
6
2,2.12,000
£100
100 Ac.
any error discovered la these Tables.
Bond*— Prinol
INTEREST OR DIVIDENDS.
per
Outstanding Rate
Cent.
£100
£100
1,000
1,000
1,000
100,000
1,000
[Vol. XLVII.
Last paid April, 1887.
Last paid Jan., 1887.
April
June
1,
1,
1907
1907
Jan. 1, 1903
Deo. 1. 1927
3>«
N.Y.,Farm.L.A'rr.AB03
London.
N. Y., B'k of Commerce.
6
N.Y.,Del.
AHud.Can.Co
l»95-'97
April 1. 1906
8
'
I
6
When Due
Slocks— Last
Dividend.
g.A7
do
5
7
7
1,
Oct. 1,
6g.
N. Y.,8o. Pacific Co.
g.
Bds ton.
Y. Company's
N.
6
6
N.Y.U.P.Of.AUn.Tr.Co.
N.Y.U.P.Of.AUn.Tr Co.
l
-
do
do
-
I"'
do
do
Boston, Boston Nat. B'k.
do
5
4««
do
A Tr. Co.
Bnst.
N. Y., Kidder, P., A Bost.
Bos t. Safe Dep.
N.Y..B'korCom.A
6
g.
do
5g.
l S
l S
7
g.
7 g.
7 g.
7 g A.
do
Boston, North Nat. Bk.
Boston, Everett N. Bk.
-
do
-
Bost., N.
do
A
do
Bk. of No.
do
Am.
Boston, North Nat. Bk.
do
O.
Jan.
1.
1894
1907
1925
1905
1905
Aug. 15, 1888
July 1, 1899
Oct. 1, 190C
April 1, 1903
April 1, 1909
Sept. 1, 1920
Oct. 1. 1920
Doc 1, 1911
Feb. 1, 1937
Jan. 1, 1937
July 1, 1902
July 1, 19C5
Mar. 1, 1906
July 1, 1905
July 1, 1905
July 1, 190 9
Oct. I. 190 9
Office. April
Boston. N. Y. A Chic
Boston, North Nat. Bk.
1»9
l S
g
1888
1916
6g.
5
July
N. Y.,Wins. Lanier A Co. Maroh 1, 1896
Harrisburg, Treasury. 100,000 y'rly.
Philadelphia or London April 1, 1910
7-30
6
do
do
May
May
1,
1,
1,
O. Texas A Pacific J unction (Limited).— (See Stock. $1,522,400 (p»r$l00), of which O. P. and C. P. own $920,300
Reutal Is $254,370 per annum.
if ap Oinn. N. 0. <* T. P.)— This Is an English Co. controlling the Vicksburg
A Meridian, 142 miles; Vicksburg Bhreveport A Pacific, 189 miles; N.O.
Atchison Jewell Co. A West.— Jamestown, Kan., to Burr Oak,
Orleans,
13
Spanish
Fort
near
New
North
Eastern,
195
miles;
and
R'y,
A
Kan., 34 miles. Under same auspices and control as Atchison Colorado
miles. It also controls the Cincinnati New Orleans A Texas Pacific A Pacific 8tock,$202,800, of which Central Branch Union Paciflo owns
Railway Co. (lessee of the Cincinnati Southern Railway). The manage- $105,000. Rental is $34,000 Der annum.
ment of the company is the same as that of the Alabama Great Southern
Atchison Topeka A Santa Fe.— (See Maps.)— Line op RoadBR. In Nov., 1887. Francis Pavy was appointed in L union
receiver of the English company in liquidation.
The preferred or A complete detailed statement or the lines ot road operated on Deo.
cumushares
preference
for
6
per
cent
are
£1,500,000,
having
a
31,
1837, was given in the Chronicle, V. 46, p. 610. Tue totals of the
"A"
lative, and the deferred or "B" shares £2,500,000; par value of all different systems are as follows: Atchison. 2,081 miles; Southern Kanshares £10 each. The first debentures are redeoinable any time at 115, sas, 935 miles— to r al, both systems, 3.0L6 miles; Sonora. 350 miles:
on six months' notice. The company holds the followingsecurities, viz.: roads owned jo'ntly with other coinimnies (one half of 229 miles -114
Cm. N. O. A Texas Paciflo $532,000 stock; Vicksburg A Meridian, miles); tota 3.430 miles. The results on all tnese systems are included
$245,000 1st mortgage. $105,000 2d mortgage, $416,500 3d mortgage, in the Atch. Top. A 8. Fe report. In aldition to the above, tha Atchi$1,464,300 preferred stock and $363,000 common stock; of Vicksb. son Co. owns exclusively the Gulf Col. A 8. Fe RR 1,0.22 miles, and Is
Shrevep. A Pac. $3,692,000 1st mort., $1,931,000 incomes and $1,594,- p irt own-r of the California Southern RR., 211 miles, and the Atl.iutic
000 stock; of N. O. A North Eastern $4,900,000 1st mort. and $4,320,- <ft Pacifio RR., 919 miles. Also owns entirely, or controls, the Chica000 stock: N. O. Spanish Fort A L. RR. $300,000 1st mort. and $.200,000 go Santa Fe A California Ry., 493 miles, the St. Joseph St. Louis A Sancom. stock: Cincinnati Southern, $532,000 stock. A loau of $600,00J ta Fe RR., 96 miles, the Chicago Kansas A Western (all in Kansas),
was authorized in Sept 1838, for the purchase of a majority of Vicks. 903 miles, the St. Louis Kansas City A Colorado RR., 61 mi'es, and CalA Morid. 2d in >rt. bonds. (V. 45, p. 5*, 43d; V. 47, p. 2)6.)
ifornia Central Ry.. 184 miles. Total of all other lines, 3.894 miles. The
operations of these roads are, however, kept entirely distinct
Alabama Great Southern. —(See Map Oinn. V. O. <t T. P.)— From from
those of the other systems and are not given ln the Atchison's
Wauhatchie, Teun., to Meridian, Miss., 290 miles; leases, Wauhatchie
to Chattanooga, 5 miles
total operated. 295 miles. The Alabama A reports. Grand total owned and controlled, 7.374 miles. The California
Southern
gives a through route to the Pacific coast at San Diego, via
Chattanooga RR. made default Jan. 1, 1371, and road was sold under foreclosure Jan. 22, 1877. Present company organized Nov. 30, 1877, and is the Atlantic A Pacific RR.
controlled by an English company of the same title owning all the
Organization, Leases, Ac—The A. T. A S. Fe. Co. was Incorporated
stock of the American Co. The English company has & 134,000 deben- Maroh 3, 1863, and Includes the Atchison A Topeka RR., Incorporated
tures exchangeable (or genl. mort. bonds, and capital stock— oommon Feb. 11, 1859. The land grant was received by Act of Kansas Feb. 9,
("B" shares), £1 ,566,000, and pref. 6 p. c cumulative for six years 1864. The main line of 471 miles was opened Dee. 23, 18 72. The
("A "shares), £676,070; par £10. In 1888 for arrears of interest on whole system outside of the main line is nominally under different corpreferred stock 4 per cent certificates were authorized, redeemable by porations, of whloh the ownership is vested in the A. T. AS. F.. and the
slnkg. fund In ten years (see also Chronicle. V. 47. p. 255.) Tne genl. roads also leased to that Co., and Interest on the bonds usually paid as
mortg. for £1.16o,000 was authorized in 18s8 to provide for equipment, rental. The Southern Kansas and the Sonora systems are not leased,
Improvements, Ac: suffi dent bonds being reserved to retire prior mort- but are controlled by ownership of the stock.
In Aug., 1884, an agreement was made for the control of the Mojave
gage bonds and debentures. V. 46, p. 608. Gross earnings in 1887,
$1,575,993; net over expenses and taxes. $474,361. Gross in 1886, Di vision of the Southern Pacific and a right for traffic over the Southern
$1,215,195; net, $276,793. (V. 46, p. 603; V. 47, p. 255, 285.)
Pacific to 8an Francisco. In 1886 the Atlantio A Ptoilic 1st mortgage
Albany A Susquehanna.— Road owned from Albany, N. v., to bond interest was reduced to 4 per oent and the bonds guaranteed oneBlnghamton, N.Y., 142 miles; branches operated Duanesburg Junction, half each, severally but not jointly, by the Atchisou and 8an Franclsoo
N. Y., to Soheneotady, 14 miles; Cobleskill, N. Y., to Cherry Valley. 21 oomp tnies. See Atl. A Pao. and St. L. A San Fran. In this Supplement.
In April, 188 ;, the G. C. A S. F. was purchased by the Atchison Commiles operates Lackawanna A Susquehanna RR., 22 miles East Glenvllle to Coons, 10 miles; total operated, 209 miles. Leased for ISO years, pany by the exchange of G. C. A S. F. stock for Atchison stook, $8,000,from Feb.. 1870, to Delaware A Hudson Canal Co.; reutal, 7 per cent ooi) in all. See offioial circular. V, 42, p. 630.
Tne fiscal year ends December 31.
on stock and interest on bonds. Additions and betterments oharged to
Stock and Bonds— Tue stook has been inoreased from time to time
lessors, and cost made part of investment. The oonsol. mort. is for$lO,000,000, of which $3,000,000 are7 per cents, currency; the principal of to present, figures, for the acquisition of the auxiliary lines and by
the 6s. Is also payable in "lawful money," but the interest in gold. Gross way of stock dividends. Dividends have been— In 1879, 3 per cent;
earnings In 1887, $2,786,322; net, $939,944. (V. 45, p. 180, 614. 855
In 1880, 8>9; in 1881, 6 cash and 50 stock; from 1882 to 1886, Inclusive. 6 per cent, and in 1887 6 * per oeut.
V. 46, p. 228, 481. 610; V. 47, p. 140.)
The range In prices of
Allegheny Valley.—Owns from Pittsburg, to Oil City, Pa., 132 stook In Boston was— in 1*81, 92*15414; ln 1882. 78 78a98»s; In 1883,
miles; branches— Red Bank, Pa., to Driftwood, 110 miles; others, 17 78a86'4; In 1334. 591*930; In 1885, es^asg^; in 1886. 79 7s3l00;
90i« 11197s; in 1333 to Sept. 21, luclusive, 79i«a>99<58.
m,; total operated, 259 m. The stook is $2,166,500. Of the ino. bonds In 1887,
There ate also $195,000 Sumner Co. KR. bonds, drawn at 110, due
the Penn. RR., No. Central and Phila. A Erie hold $6,087,000, the
9 0, Int. M. A 8.. an obligation of the Southern Kansas RR.
Sept.
1,
Co.
Interest on which was paid altogether in bond scrip. The ooupons of
Such bonds as are hnid In the oompany's treasury, or leased line bonds
guaranteed bonds held by the Pennsylvania Riilroad for advanoes
held
as
collateral
for any of its own bonds given above, are not inoluded
amount to $i,2-> 1.935. The Pena. RR. owas $1,250,000 stock and
$o,510,000 funding 7 per cent bonds. In May, 1884, receivers were In the above amounts outstanding. Total of bands redeemed in 1887
appointed at the instance of the Penn. and other railroads as plaintiffs. was $323,000. Tne land grant bonds receive the proceeds of land sales
in payment of Interest and principal.
Suits are pending.
The 5 per cent bonds, due April 1, 1909, are secured by the N. Mez.
F r om January l to Jalv 3l ln !883 (7 mouths) gross etrninzs were
80. Pao. 1st mort. 7s.
I
,1
a,5a
n8t
?„ , ioA°"
* 1 l09 867ill 87 net, $447,935. against $399,405. A
The sinking fund 5 per oent bonds due Sept. 1, 1920, are plain bonds
n 1837 gross earnings were $2,029,103; net. $797.76J; deficit
under (not mortgage) and partlv secured by deposit of $630,000 plain bonds
97 -*
*">*• !».812,728; net, $631,230: interest, of Kansas City Topeka A Western RR. Sinking Fund
?; JkkW:
is 1 per cent per
$1,115,604; deficit,
$432,384.-< V. 45, p. 792, 386; V. 46, p. 480.)
annum, with which bonds are drawn at 101.
mtt
Bra
nca
" -(ialt Cal " t0 lone, Cal.,
27 miles. Leased till
The 41s per cents due October, 1920, have $1,650,000 of the 6 per
w~. 1, r\°^»
,
gov.
1890. to Oeut.
Pacific, but In Nov., 1836, new lease to Southern
oent mortgage bonds of the Rio Gr. Mex. A Pac and $500,000 of the
Pacific was male; reutal $48,OJ0 per annum. Stock,
$675,000. Earn- Rio Gr. A El Paso roads as security, the sink, f d. being 1 19 p. ct. per an'» 188 '.*>2.819 gross and $25,538 net. In 1880 gross earnings
rising to l « by 19 10. with whloh bonds are bought or drawn at par;
num,
iJS
t,
$39,443; net, $13,124. Leland Stanford. Pres't. San Francisco!
registered bonds for $5,000 issued for coupon bonds, and are not rer l ^" nB Ii " erttl Bolt.-Riad projected from Flagstaff,
uable
till after coupons.
dee
on
the
iit„ „
Atlantic
A.Pacific, to Globe, Arizona, 180 miles, and completed to FulThe 6 per cent bonds due Dec 1, 1911, have as seourlty 1st or 2d mort.
An Important oontrast between this company and the bonds of a number of the proprietary or coutrolled railroads, at not
P. Is in dispute, and work has been suspended.
over $25,000 per mile, deposited ln trust as collateral: they are reJ. W. Eddy, Prest..
Boston, Mass.-(V. 45,
deemed at 105 by the sinking fund, whloh Is 1 p. 0. (SI -3,0 '0) per anp. 112, 584, 612; V. 46. p. 218. 480.)
*'
num till 1891 and 2 p. c. thereafter; reg. bonds fir $5,000 issued for
h
111 * * Spartanburg— (See Map RicKmmd
<t
W.
P. Term).— coupon bonds oannot be redeemed
rr
ST anauuur
till after coupon bonils. V .46, p. 386.
W AsheviUe, N. C, 71 miles. Formerly Tue collateral trust bonds of '87 are
«' "• °n
Hn^.?P
direct bon Is of the Atunison Co.,
9old ln ""-cofosure April. 1881, and
nnteed sL.t^A'W?:
whioh
are
deposited
bonds of branch lines constructed
ag'st
ln
trust
the
( k
1
,* '^ , o J, pilr * 100 Controlled by Rich. A Dan. In
learT,'din^ i Une
in California and Colorado, not exceeding $25,000 per mile. Bost. Safe
30 1887 total income was $52,840; deficit •"««»
under Dep. A Trust Co., trustee. See V.44, p. 245; V.46,p. 385; V. 47, p. 326.
ontratinJ«?^
operating
expenses ana taxes, $21,585.
The bonds on Chioago property are secured on terminals, Ac, in
tC
o,
Paclfic-Watervllle, Kan., to Washington that cltv.
Kan 20*""„° ." r * ,fleoa ,*
f
The Wichita A Western, Wichita to Colllson, Kan., 100 miles, is owned
Lenora Kan 25 n ^ , , kan 7,to ^ogau, Kan., 155 miles; Logan to
Jointly with the St. Louis A San Fran., but bouds are not guaranteed.
5 total, 254 miles. The road forms an extend
Kingman Pratt A West. RR. bonds are guaranteed by "the W. A
The
Son of th* w.-. n
, "''! n P
1Bo wh,ou ld * 8e °- » ia 18
A» 25 W.: the road is an t-xtension from Kingman tow irds Dodge City.
years ad
L?.,?u
l
ad
TaS roaa ,8 controlled,
and the whole
The
Top. A So. RR. bonds at 4 per oent are guaranteed one-half
?\
system 1.
is virtually owued H?
by Union Pacific, but operated by Mo Pao by the Leav.
A. T. A 8. Fe, and one-half by the Union Paciflo.
Alabama N.
.
1
,
,
,
;
;
;
1
1
,
'
'
'
^TYn?
'
i
'
11
'
.>''*
i.
i.
S
'
-
'
'
'
,
'
.
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.
September,
.
RAILKOAD STOCKS AND BONDS.
1888. J
15
Subscribers will confer a great favor by giving Immediate notice of any error dlseorered In these Tables.
DESCRIPTION.
Mate
For explanation of column headings, Ac, see note*
od
rt
ret
page of ta ble*.
of
Hal
-
A- T.itS.P '„„,- Mar AMcP..lst47.0oO p m.,g.,gu.
Flor. El Dor. A W.. lit. g. (lO.COOp. m.)
Wichii a A Western— l*t mortgage coup
k!I.K
email Pratt A We*t..l»t.g.(i»15.0oiJ
I^v.Top.AS.W.— letm..»»guar.bTAt.A»*byUn.P.
N. Max. A 80. Pac-lst, g.. (»15.0Oo p. m.). guar
Boaora, 1st mort.. gold, interest guaranteed
Cal.8o..l.tM ir.gu.s.f.625,000} early (dr.st 1 12)e
(
Chic Kan. A West.. 1st, g. guar. (•14.000 p. m.)«*
do
inc. bd*. noooum (87,000 p. ml c*
Cm>.aHsACaJ.,lst >A3d V.on89m.),c,jraar.c**r
Chicsgo A St. Loula-lst mortar. (•10.000 p. m.).
Southern Kansas- K.C. Law. A So.. 1st mortgage
Bo. Kan. A We*t.-lsi.<s.f.83l.037yr)ydr.al 110)
Ottawa A Fur II nitron RR.— 1 st mortg
8. Kan (Gulf IMv.>— lsLgM.guar.iglti.000> p.m.c*
Income bonds (not cujiiulaUTe)64,0O0 per mile)
Bo. Kana. In Texas, tst M.(6ie.ooo pin ),g.. guar,
til— las' Ckartoiu. -Stock <S p.e.renfl Klcb.A Dan.)
Debenture certtflrste*. redeemable after 1891
Atlantic Atlanta* 01. IT -1st M. .812.000 p m..)g.C
Atlantis * tianwUU—ltX murt. gold. 618.000 p.m.oAtlantic* Pat. - 1st M. W.D..gu«r. g.(red. at lu.M.r2d
(810.000 p.ui.i. «uar.jj..(df n aft. "90 at 105i
Income bds., non-com*tlTe, W. D. (f 18.750 p.m )cr
1st RR. A land gr. bonds on Cent. A Mo. 1*1 v
at bonds oa Central DiT. cum
e*
D( T..noo-cPm.|»lH.750p m.ir
M
—
.
F...I..U
1379
IB77
B7a
1879
1880
i"<;
1886
l~-o
1886
1--7
1889
j>;-.'
210
210
911
911
349
143
1»5
139
l'si'j
l.IKH)
775400
?*
1.000
701,000
I''
.'00.000
6
1,000
1.000
1.000
1.000
l.ooo
1,380,000
4,425,000
4.050.000
2.081,000
3,505,000
12,758.000
6.379.000
15.330,000
1.300,000
2.940.000
1,639.000
500.000
4.331,000
1,480,000
1,-63.000
1,700,000
100 Ac
100 Ac.
1,000 Ac
1,000
Ac.
MM
l-7'.»
1880
l.ftoO
42
1881
1.0O0
1886
1-n0
100 Ae,
lOO Ac
100*0,
100
aw
i'04
87
IBM
1877
1-77
1880
4,250.000
750,000
Bond*— Prlncl
pal, When Due.
by 'Slock*— Last
Dividend.
103
1— 7
500
900
640
1887
—7
500 Ac.
300 Ac.
IBM
l.OOO
miles) 1st M. bonds Is guaranper mile, of which 83,000 per mile are
t
The
Mat
tT"f
A
.
6
8*
,
6
7
6
5*
K
7
7
6
|«
6
6g.
6 g.
1408400
30 Ac.
1880
1871
1871
.*
5 1
1.232.200
1.232.200
3,000,000
1.000
1.000
1.000
A O Bost., North Nat. B'k. Oct. 1, 1909
A O. Boston. Nat. B. No. Am Aug. 1. 1907
iio
do
Jan. 1, 1914
A J.
do
do
July 1. 1916
A J
A J. Boston, Am.L'nATr.Co. July 1, 1913
A. A O Boston, Everett Nut. lilt April 1, 1909
Jan. 1, 1910
J. A J. Boston. Nat. Revere Rk.
J. A J. Bo*., Mar. Nat. Bank. Jan
1, 1928
M. A 8. 3d ouup. paid Sept .'88. March 1, 1926
J. A D. Boston, Boston N'sLlik. June 1, 1926
June 1, 1926
Km 1
J A J N.Y.IIan.Bk. Bos.ALon. Jan. 1, 1937
M. A 8 N. Y. Farm's L. AT. C'. Mar. 1, 1915
A. A O. Boston. Union Nat. Bk. Apr. 1, 1909
Jan. 1. 1910
do
do
J. A J.
April 1. 1909
do
do
A. A O.
M. A 8. Boston. Boston Nat-Bk. Sept. 1, 1926
July 1, 1927
May 1
i l k Boston. Boston Nat.Bk. Mar. 1, 1927
M. A S. N.Y. Central Trust Co. Sept. 6, 1888
April 1, 1897
do
do
A. tO.
do
do
Jan. 1, 1907
J. A J.
April 1, 1900
do
do
A. A O.
July I, 1927
N.Y. and Atlanta.
J. A J.
J. A J. Atlanta, Oa.. at Treas'y July 14. 1888
do
July, 1891
do
J. A J.
July 1, 1918
J. A J. V. T.,Mer. Tr. Co. A At
A. A O. N.Y-.Greeo A Bsteman. Oct 1, 1917
J. A J N Y Meroao' Trust Co. Jan. 1, 1937
do
do
Sept. 1, 1907
M. A 8.
Boston.
Oct. 1, 1910
A. A O.
M .V N N.T.4tL.A8.FRROf. Not. 1, 1891
ilo
\t Mm
do
Not., 1901
Boston.
June 1. 1922
J. A D.
J.
J.
J.
IS:
(!)
Too
1881
1888
112
112
5011.000
1.0OO
500
BH
1
L000
• bonds are at 830,000
tbeA. T. AS. P. Co.
California Southern 1st mortg bends are guarantee t (by en torso
Calif
oa the bonds) as par <be agreement of reorgaalxeiloe tor that
made la '.885. The third osapoe oa the Income bonds was
paid September. 1888. and the second March, of 1888. Sinking fund
823,000 per year retires the tlrst mortgage heads atl 12.
The tTJcogo Kansas Western stock (610.O0O per mil.) la held by the
A. T. A 8, Fr, snd the Brat mnrtaags sands, at 814,000 per mile, are
guaranteed by the latter company, and these, with the inoome bunds at
87.0OO per mile, were Issard ae per the circulars in V. 43. u. 39 V. 44.
bonds are about 90 J miles of breach
bSAS. The roads covered by these
asm Kansas eoastraoted la -96 sad '87, Report of -87, V. 46, p.608.
The Chicago Santa Ps A California Railroad is the company In Illinois
aad Iowa for... tag the roaaeetlng_tloe from If saw as City to Chicago,
City to Port Madlsoa. la., on Miss. River.
ahoai ssomliesahoat 900 miles, the* to PeklB, IIL. ahoat 160 miles, and then orer Chlcagn A Bt. Louis (parchasrdl 90 miles. IU bonds. (635.O0U per
guaranteed by the Atchison, aad are a ttrst Ilea oa all bat 68 miles, oa
which the * hsra.o A tn. Lnols boa s hare a prior lien; boads of this isar« held o retire the fhle. A Bt. Loahl boada at maturity Trustee of
Is Boston Safe Deposit A Trust Co.
Bee V. 44, p. 148.
Oalf Dtrtsioa and the Bootbara Kaaaaa in
as per circulars In V. 42,
The bonds are guaranteed, principal ana
463. V. 43, p. 431.
Aiclilsou Topee a A Santa Pe. The Oulf Division b
teres!, byr the Ate
the road from Artisan City south through Indian Territory
toward* Denlsoa. and also the branch from Kiowa on the Kaaaaa
to Wolf Creek aad the Texas border (In the Panhandle)
border southerly
"
South-ru Kansas R.Uroad la Texas was oreenUe I to build that part
She
The South*
the
Texas,
aad oe both line* the hoods are at 616.000 per mile,
of
line
la
Use
•f
gea rs nte el by Atchison. The ha tu rn* boads Issued by the So. Kansas
• ~ot Issued till these
Oulf DtrksV
M •****• U'l
prar Ural r sold out. No tale* la
>
Laud Uba-tt ra*
k* lands are
la 1887
Net re. eipu from deferred payments In lx-7. appllaanle to land iKUII.U
Unpaid
a
ots,
priaotpal
snd
luurest,
8499.6*0.
Uad coetr
IhM. 31
_
8713.000
81.000
BM
on the Boost* RR. In Mex. (262
lt.r
.
Value.
271
-rj
UK)
JO'."*
)
t
-
99
73
43
79
46
Ptef
_ bonds (no* cumulative), guar
AUo*la«F(orida-Wtmort.<«15,000 p.m
Atlanta* Wut Point—Stock
rNTEREST OR DIVIDENDS.
r»,^™?S5i ««lR»W P« when„ Where Payable, and
Outstanding
c f
Pmv
bl
Wnom.
Pay'blc
Cent.
Site, or
of
17,604.000
5,600,000
12.000.000
1.189.903
796.629
..
I*
6
6
142*.0nO
6
Atlanta A Charlotte Air Line.—Owns from Charlotte, N. C. to
Atlanta. Us. 269 mile*. The Richmond A Atlanta Alr-Llne was sold
under foreclosure Dee. 5, 1876, and the existing corporation was formed
Feb. 37, 1877. On March 26. 1881. tne road was leased to the Rich. A
DaoT. for 99 years at s rental of 8462,000 per year, equal to the Interest
oa debt aad 5 per cent on stock If gross earnings of A. A 0. A. L.
exceed 81,500,000, dividends to be 6 per cent and If they exceed
83,500,000. 7 per cent. In 1 886-7 grass earnings 81 .202.398.
Atlanta A Florida,—Owns from Atlanta, southerly to Fort Va'ley
Oa., o Cent. Oa R.R 101 intle«; extension io tidewater projected.
This Is the Allsnts A HswklnsTille Incorporated In 1886, name having
been changed In 1887. Oonstrueted by Ueorgla Improvement Co.,
which received 8 15.000 bonds and 810.000 stoci peruille. Trustee of
mortgage far 83,880.000 la Central Trust Co. President, Aaron Haas,
Atlanta, Oa.
Atlanta A West Polnl.-Own* from Bast Point, Oa., to West
;
;
.
.
Point. Oa.. 80 miles; leased. 6>« miles total operated, 36>t tulles. In
April. 1881. a controlling Interest in the stock wss purchased for the
Central Georgia, aad a stock dividend of 100 per cent was afterward
asc l a rsd la d ooeat nrs osrtlBcate*. Any mortgage Issued must be subordlBste In ileo to these eerttttostes. Oross earn'* tn 1866-87. 8394,640!
oei 6160486; snrplos orer dividends
and Interest, 812,721; In
gross. 8421.247: net, 813-.SI4: •urplui over fliei charges,
864.403; dividends paid (6 per eeat), 873.932. (V. 43, p. 11.
Atlantic A Danville.- In progress from Noifotk to DsnvtUe, Vs.,
tbar* to coanect with the Richmoad A Danville. In operation—Claremoot to Durati.l. Va., 37 nil'es, and Norfolk to Court land. 48 miles.
Tae towns subs, rtbed to capital sto k. Stock authorlxedls 82,300,000;
outstanding. 8800400; par, 830. (V. 47, p. 336.)
Atlantic Atlanta
Ureal W'Stsra. -(Ass Hap). -Projected
from Atlanta to Saraanaa, Ga , 330 m. Located HO m.. and final surveys of balanoe now being made. Contract for construction of linn to
be let In Fall of 1xm8. The mortgage 1* for 6 '.000,000. trustee. Mercantile Trust Co. Stook Is 81.300400.
President. George T. Fry. Atlanta. 4s (V. 47. p. 336, 2*7.)
A tlaatlc st
A r-arinc
Pacific. —
-This
inis corporation
oortMirati.
was chartered by Act of Com*
gross July 27. 1866. The Westers
division Is from Isleta, near Albuuuerira dlriatoi
l887.8H14.12a;
qae, oa At Top. A Santa Pe, to Big
Colorado River. 560 miles, with
Co
g
July
Fix
i
seas,
Prom
Jan.
1
to
Jul
31
la
OrSKATtom,
1888 (7 Gallup
up Junction
inaction branch, 4 miles. At Big
Big Colorado River It meets the
moe>. gross earnings were 8H^08.S98 oa 3.023 mil
muss, against 810.- line to Molave, Cat (243 milei). leased by this Co. In 1881 from the
636^3foo2.81l miles In 18*7; net. 6i.464.526. against
«ala*t 84.872,^64.
Southern Pacldc of Cal. The Cat. Southern give* a throuirb route to
The report far l«*r7 was tat the Oaaoincut. T. 46, pp. 807 aad 810.
San Diego on the Paclnc coast, It leases alii A. A P. Junction to
lags aad operations sad income aceoant wore as follows, the** Albuquerque N M.. 13 miles ; total opers'ed. 81) m. Also the Central
mbractag the At. Tea. A 8. Ps aad Sooth. Kao. syatasat com
Division Is finished from
Mo., to Sapulpa In the Indian Ternothlag at the Soaera, Atlaattc A Paeioe. or roads owned ritory. Hi m.. and operated by the Bt. Louis A San Fran. Railway Co.
totally, although the In
Toe 1st mortg. bonds due to 1937 are guaranteed severally (but not
uflKxr
Jointly) by toe Atchison and St. Louis A Baa Fran , each oompany guarinn.!.
1887.
anteeing one- half of each bond. They are redeemable at any time at
Mllesoper. At. T.AS.Fe-S. Kan
2.397
80136
In 1888 the 3d mortg. bonds with seme guarantee a* above first mortg.
4.026.004
5.136.032 were authorised to repay advances to the AtobUori and Han Francisco
11.100967
12,i44.34J coin pan let aad tot other purposes. Stock authorised la 6100,000.000,
'I
I,
857486
snd issued 8 •4.-I0.3O0 (par* 100). of whmh 831.30-2.600 I* owned ny
the Af. T. A 8. P. and the St. Louis A 8. P. companies equally, and deOross earning*.
13.984407
18.461.360 posited, la trust tor thirty years. The stock is classed thus: Western
"
10.40N.i33 Ibt.. com. stock.
LB67
Total op. rating expense*.
•3 1 4.9
851.730,000; Cent, and Mo. <Uts., com stock, 8-1.663,•>.
m-riho
300: prat B>1
ri
1.1 prof, sl.icx h.i- no pr.-f.-r.-u
7.23'I.UNet ears lags
7. .170.
8.032,1)11
A. A 1rUion stock.
•.:i
66-36
to
P. ct. of op.
The Southetn Pacific *old the 242 mile* of road from Molave to The
ixcoax arooL-irr.
.. uu i.i... vu »*) Catorsdu River, to the A. A P. Oompany for 67,271,1888
1846.
1887.
tewstaa
100. paya'.leln A. A P. 1st mortgage bonds, Issued on said 242 mile*)
87.236.'428
87.370496 «-.".-, i.i. 11 to amount of 81.039.2)0 sod 81.21i.nVi In .m-.1i. Until ..l.-ar tills
:i.7-3
38.013
29.9 sa to this piece of ro id is given, the A. A P. takes possession aad pay*
reeelpts'
11
63.1.S59
751,1511 6 per cant per annum on the 87,271,000. The same negotiation gars
laad grant trusts.
a right by contract to run through trains to San Francisco over the
Twtall
87.6; i
»-.. k£*7a
JV,OOJ^04 Southern end Central Psclno lines on payment of n-nta. either on a
mil eage bests or st 3 per oent per annum on 640,000 per mile. Bee V. 39,
Rentals aad mlseallaaeoas......
813,300 p.3taj; V. 40. p. 50.
The land grant claimed under the old A. A P. charter of July, '06, U
1st. on At. r.a 6. r- aad so. K. bin
3.20O.106
25,600 acres per mile in Territories and 12,800 seres In States.
On
the
West. D1t. upwards of 1^,000,000 ecr- s In New Mexico snd Alisons
108.487
hare bean earned by construction, and tn the Indian Territory 2,600,000
388400 acres
more, the beet of these lands being well adapted for grazing. The
-.'7 6 Hi
4,474.7 25 proceeds of sales of the ovmpany's land* have so far been applied to payment
of Interest on A. A P. bonds or the lands bare been p'eds-ed and
(6%)
convei ed in trust to the Atchison and Ban Francisco companies, and
•"'
nearly 6,0<>0.000 sens bare been so disposed of. For siaouent a* to
Isnd sales. Ac. up to Jan. 1.1447. sin- CsTBoXIOt.e, V. 41. p. 761. A
»7.1f-__BJ 87.139456 88.30
nispnf the land grant was pul.ll*lied In the out >m< i.k. V. .!••. p. 468.
8739417
8411,266
Gross earning* in '87 were 62,639,31)5: net, 620 7 li rebate received.
wSt-m—ai
06; r.n's >psld. 6i3'l,2.IO: Interest. 86lo...'l. .l-il-it. for year,
laad reealpts Sautbani Kaosss Railway Co., sntdry 6393,977. In lNN0,gr.>ss. *l ,024.64'.': d.-fl.-l nn-lcr operaUng expenses,
nrotlts. sad balan. s ..: seaersl Interest sec
841.364. (V. 43, p. 340, 368, 612; V. 46,p. 288,609, 801; V. 47, p. 80,
'This sarnies doss aatlasl ode the net proflu of the Atch. land depart
3 28.1
-• «iS9.101; In I »83, 61 ,3o.i.t. 7 la ls»6.
Atlantic
"t, Lavrrsnce.-Own* from Portland, Mo., to Island
61.' 6,76
Pond, Vt. (and branch), 151 miles, there connecting with Grand Trunk
1 40. 400. 472,
564. 612. 819} V. 46. p. of Canada, to which leased for 999 years. August 3, 1833. at a rents!
385, 386, 448, 678, 596, 807. 00-, 810. 77l; equal to bond Interest aad 6 per oent on stook. There were Sept. 30,
V. 47, p. 320. i 27, 833.)
186 7, 8308400 bonds to olty of Portland, provide.! for by aooumula;
I
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INVESTORS'
SUPPLEMENT.
[Vol.
XLV1I
BtoBOD
I
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MtLJ
RALLKOAD STOCKS AND BONDS.
17
18
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INVESTORS' SUPPLEMENT.
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September,
DESCRIPTION
bjr
Miles
ftrat
page of
tables.
£<nrrc»«e.-«took. 67* rental G'd Tf k
*
d Araoaaa*—Stock. 7% reoUl Cent. Ga
Genl mort..(s.f.94.0U0 per rr.u
Tall**—
Bala tagU
lilaww d (Msc—Stock. Lest dlr. May, '37
Preferred stock
Loan doe In 1880. extended
1853, extended In 1885
1870. sink, fond, 916.000 yearly
in. 1855- 90. sink, fund
, -ink. fund.JH2.000 semi-annually
_{., sink fund, Jt'J.OOO oeml-annually
»ot Connellsr. RK ipayable940.000y'ly)
.,(«.f.A7.500>(RO. *Cb.buaeoUmt'l).
iitontuii* Branch bonds coUatcrall
loan « i*.'5O.0O0 paid yearly Jan. 1 ,.c
Branch
I mortgage oa Philadelphia
_ gold (TttaA * OonneUsrUle b da eollafl)
Cast Bide RR-. cold imur.l
aa 8chuy lkUl
i*nm
-,<;
1st
aoruwr,
:ag*
1st
1
.
150
458
l>s
«o
•2
t
130
gold
M
U
m
c)
:
•;3
........c*
e"
mortgage
(for
i
Tbe B. A O. mileage »: Main stem. Ballhnsn 1 1 Wheeling. 879 miles;
Washlagton Branch, Relay to Washington. 3 1 mile*; Psrtcrsboxg branch,
Orafton to Psrkr r.bnrg. lot miles; Harpers Ferry to Harrisonburg. 102
miles; other branches. 141 miles; total. 757 mils*; Oeotr uOalodl
Bellaire to Col umbos. 137 mllea; Lake Brie division. Newark to San
116 miles; Chicago division. Chicago Joaotton to Chicago, 271
Pttuborg dl vl.lon. Cumberland to Plttaburg. 150
Pittsburg dlrudoa. Glenwood to
total. 344 miles; Wheeling
—\ mllea: Straltarill* dlvldon. Newark to Shawnee, 43 mllea:
Division. Caton to P A R jusotloo aad branch
lo.»-r»iel. 1.7.%-t mllea. Th« Bsitlmire
Ohio Philalelpnia
.connecting with the Beit, A Philadelphia RR, makes a lin
I Ball,
to Phlla.. aad thence *<• the Schuylkill VtH.-r A East Side
. to
a aoaaeetion with the Phlla. A Re* I. Una* to Bound Brook,
V. J. Thence tbe proposed route to Stolen island.
OaotjruaTtmi. Liuu.
The eorporatton was ebartered In Marylan.l I
and la Vlrgtala March 8. 1827. First section opened
May 34. 1830. Tbe company was a iats d by loans from the City of
Baltimore
a i guaranteet bond* of the Staten Isla id Rapid
Transit Co.. with whlcl eompany it ha* an agreement for terminal*.
A
A
•
Ac—
n
0ee
8.
Rsp. Tr.) The
I.
B
A O. Telegraph Ou. stock o root br
tlie
II.
Ao
Beilmad IV wa* •
out to Wretera Union for I
Union stoak at par and a rental of toAuOJ per year for rtfty year*.
The 8. AO. KxpreJMWssaotdlnSe,
the L*. H. Et press Co.
The RAO. Rail say Co. h«d a nominal *urpia* to credit of Income
.
J.
J.
6
A
S.
London
anil Portland.
.
1
Tbe Grand Trunk RR holds the 3d and 3d
tloas of staking fund
mortgage bonds. 03.213.000. overdue. The stock of 95,484,000 U
mostly *. with dividends ratable In London. In year ending Sept. 30.
18<<7, gross earning* were 81.076.6H: net, 9357.895.
Augusta A Savannah, -own* from Milieu to Augusts. Oa., 53
Leased In perpetuity to Central of Georgia for 973.000 par
'lea.
urn Has so hooded debt.
In Valley.—Owns from Tall Station. Pa., to Lorkhavcn.
s; branch. MUasbm-g. Pa., to Bellrfonle. Pa.. 24 mile*:
Fa.. 51
to Sugar Camp. 26 4 miles; total operated. HO mllea. Opened
1164. and leased to Pennsylvania Railroad Company for 99
years.
Tbe branch la tbe property of the lessors. Rental. 40 par cent
of gross earnings. Sinking tund draws 94.00 » bond* at par A prill each
roar. Grom earalaga la 1887.9l96.007; net. 9270 vjl; reaial. 9197.297;
earp'a* over charge* »ad 10 n. e. dlr.. 981.202. Stock I* 9931,000 (par
950). of wslch ivnn. RR owns *463.350
,
M.
34
1
C
9050,000) sinking fund
1,000
"
104
.....e'
JW<ssslMs^r/M;-isVx.Vlntlte.V.rVdVnot°dr''si'c
Bail* Cop. -Stock
3
Sept., 1888
Savannah.
A D.
June, 1888
A 3. Phlla. F. I ns.Tr. AS. Dep. Jan.
1. 1810
Baltimore, Otlloe.
it. A N.
4
100
May I. 1887
5.0O.I..HHI
do
do
J. A J.
100
3
July, 1888
do
4
do
578.000
J. 4 J.
At will.
do
do
A. A O.
1.710.000
4
863
<Vt. 1. 1936
i.-.-i
1-7"
I
M. A 8. Lond'n.BaringBroa AOo Mar. 1, 1895
Baltimore, Office.
2.575.000
J. * J
1865
1890
*loo
f..-7-J.OU
M. A 8. Lond., Baring Bros.ACo. Men. 1, 1902
1873
M. A N l.oiidon,J.8.MorgaiiACo
1874
8.072,096
May. 1910
Baltimore. Office.
1875
i* J. A J L"inlon
1(<>n9-19O0
J.S.Morgan AOo June 1, 1927
A200
7.7*4.000
1877
8 J. A D,
l.ooo
-TO
A. A O. Bait. ANY. D.M AOo. April 1, 1919
3300,000
I
1-17
l.ono
4««g. J. A J. Bait., Here. Trust Co. 10 p. o. yearly
ifiVKOOO
1—1
gJOO ll.61o.000
44 g. A. A O London. Brown, 8. A Co- April 1, 1933
10.IKM1.IXN)
1,000
F. A A.
New York Agency.
1889
Feb. 1, 1935
!•
1,000
4.500.000
1886
5 g. J. * D. Phlla. Solicitors- Co.
Deo. 1, 1925
1--7
1,000
F. A A. N. Y.. Union Trust Co.
7,500,000
Feb. 1, 1988
1-71
i.ooo
1,500.000
5*- J. * J London or Baltimore. July 1, 1911
3.000.00D
1.000
Baltimore, Office,
1871
A. A O.
April 1. 1911
8«
do
l.OOO
1875
3.000.000
J. A J.
do
Jan. 1, 1915
50
6.000300 24 on pf J. A J N.Y.. Or'nd ^ent Depot July 16, 1888
5.<N*l.i«NI
1.000
18M
J. A J. N.Y., Knlckerbr Tr. Co. Jiilv 1. 1936
1-17 800 em
2«.2,5<>0
do
t' «. A 8
do
$37,500 p.ann.
1880
7
J. * J. N.Y.81.L.A.4T.H.RR. July, 1, 1910
180,000
:i:i.>..»hi
1880
A.
do
F.
A
do
6
Aug. 1. 1920
1-.,.;
l.ooo
do
1.040.000
A. A O.
do
8
Oct. 1, 1898
Dec
50
Phlla.. 105 S. 4th street. Dec. 31, 1887
650.000.,
I
1-73
5O0
250,000'
do
do
7
J. * J.
July 1, 1898
17.'.
l.OOO
100,000
do
6
F. A A.
do
Aug. 1, 1906
1--3 800 am
A. A O. Phll.G uar.F. Afl.Dep.Co. April 1, 1918
189.000
6
100
ISM
.;.;
411
421
p.e..e'
Car trust ban. drawn at 100
BtUawMt a El Doraaa- lsKlnt.guar.St-LA.AT.H
Rate per
1
R
f. l
INTEREST OR DrVTDENDB.
Bonds— Pnnclpal.When Due.
When Where Parable, and by Stoekt— Last
Whom.
Payable
Cent.
Dlridend.
Amount
$5,484,000
1,032.200
368.000
14,792,566
1
—
Par
neo
53
80
:
mortgage (for 989.KOO
me 1st M (tunnel) g ., ».
1st ... t, road, gold. s. f. 1 par cent
3d mortgage, income, road and tunnel.
Bare* Cras* "Stork (fl.300,000 Is pre!
Size, or
of
Bonds value.
,
'
Date
Ou;-t.i tiding
151
St.
19
siring Immediate notice of any error discovered In these Tables.
FW explanation of column heading*. 4c, see
on
;
RAILROAD STOCKS AND BONDS.
1888. J
Subscriber* will confer a great favor
Atlantic
:
I
•
Sept. 30. l*S'.of9t8.043.72O.
i* »»i. Bo*i«-The oref. stock carries 6 per mot dlridend* only.
- In nloek
Tbe common stock ha* paid—la 1H77. 8 per oei,
In
1879. 4 stork ami 4 cash; 18SO. 9: la 1881 to 188-V Ine '.. !>. in
-7.4: lnl*89.BOB*. Range In prices of eommon «t.K-k In II
i. 193>*a2<.
ta 1181 w».
•199: la'85. l«6>t«lS5: in '*6. loOali.
;ot»l80; In '88, to
The gross and net earning* of the main stem and It* branches and of the
other divisions for the last fiscal year, a* oompared with 1 185-86, were:
—Earnings, 1385 88
Gross.
Malm
——
.
Net.
Earnings, 1886-87.—.
Ore**.
Ntt,
99.818,613 94.036366 911.201.343 94343.343
231.506
380.400
391.561
663.044
161,347
676.130
83,957
1 ,27o.476
478.521
.*.:!.. ;.ii
1.988,698
1.011. oil
809.711
1.463
391,868
2.<r.M...d8
269.916
2.070,0
81,122
Plttaburg I>|.
943,421
2,>99.074 1.001.104
WheellngandPiit. Dlr.
418,259
13,4V)
48.1.610 def 13,030
PWladelphl* Dlvl.lin
114,797
15.248
71 1.7H def. 76,220
McwkSomeraetAit i»
211.291
35,308
183.010
2. '.75
ete
.
Washington Branch...
PsrkeraourgBraneh...
Central Ohio Dlvt.lon.
Lake Erie Division ..
Chicago Dl vi.ion
-
H
H
918.422.U7 96.388.9
Total.
920.619.035 96.533.904
la 1939-87 the net balance over all charge* wai 936,258.
all line* In Ore year* have been
Operating Exponas*.
Net Earning*.
IBM
M
...
.
.
.
ufa id
1889-67
-IV.45.
919.739.837
19.436.607
16.616.612
•! 1 •^VSli"?*'*
11.676.307-60 07
10.973.585>66 03
93.705.838
7.760,300
5,613.067
P- ••
.
••
"
13.035.743-8113
6386.696
14.130.<.6l«s68 34 "
6.538.904
p. 1 1.53. 112. 173.304,363. 473. 509, 641, 664. 692. 703.
905, 319 i2 I. 855; V. 40. p. 103, 319. 344,413. 610. 649, 803, 804,
:::
••
...
•
'.».03S
819, 837.)
Haltlmore Ac Potomac. -Owns from Baltimore. Md.. to South
End Long Bridge, Vs 43 miles ; and from Bowie to Pope's Creek, 49
miles : total, i»2 wiles— Including tunnel In City of Baltimore. The road
la controlled by the Pennsylvania Railroad Co., and ilr,t mortgage bond*
guaranteed by Pennsylvania and Northern Central. Capital (took.
93.553.250 (par 8">0i. of whloh Pcnn. RR. owns 91.511.100. In 1888,
earning*. 9l.itl.i7i; net earnings. 9513,016; Interest ehara-e.
l.i 1-17, grot* earning*. *1. 1 17. (12, not.
15
•torplu*overoiiarge.«.
1.
Oo. From Jan. 1 to July 31.
ma.
groM esrnInga were 9872,384. agaiust 9813. i;
.
*M Ml
BR
i
:
l
?.'-J...
i.i.
Ounm,
Beech Creek.— Jersey Shore.
Pa., to
104 miles: branches
.onrg. to mine*.
2 1 miles; t->t.»l, 110 miles. This I* *uccessor to tbe Beech Creel ClearlleLl A 8 W. reorc In 1
earnings were 9718,323: net, 9i7J,l'.ij; an rp
ted ohargea,
Ac
oUrr. 8O»106i*.
The BalUmore A Ohio direct bond* of 1879 on Parker*', irg
Branch are secured by deposit of mortgage on that road. The sterling
mortgage of 1983 1* made to William FT Bora*. John Gregg and P. M >r
rJaaa Garrett, msteea. and secured alao br pledge or al.ooii.ooo l.t
t
RR (Ml State line to Phil.,
by the mortgage bonds of the B.
O. A (In. roads depoartod as couatoraL The B. AO/boodi of in are
•enured
2d eoosot. hoods of Plttaburg A CooneUsville
RR..depo«n>d with Union Trust Co. of N. Y .as trustee. The hoods of
ta* Seaayiklll Vsl A Kaat Bide RR are guaranteed by BAG.; the
mort-tK.;, i. of the Bait, A Phil*.
bonds of 1177, doe 1937, are secured
.
i.v
~
'
•mi
'
AC
111.. «.
*4
is). rrees earning i on all
svsm-i -l-.ini4,3'e3lo li»U7; net earalaga.
he nnnniil retiort
f or
the
fiscal
end
yn.v-
A
Bl
land
u
m.
(2,677
-
1
11
iowb mj the following table:
1
-
9,tO0.7li;
:
-
i
7.110,117
7.V2.1SO
-
Dorado
v.
>i.m or Betiev. *6o. Ill
(or 915 year*, to st.L. Alt.
/,.
4.4
/f
-
.1
,,1,-s;
Through rnereba''
Bast aad Wrat
I
399
86,500
I4VM0
3.375.369
2.83M4?
J
:
A Southern
Belleville
Illinois
<.«<
Map
SI.
'.
A.
d
T.
II.).—
lit., to Duquoin, III.. 56 utile*.
Leased for 999 years to the
Louie Alton ATerre Haute. Lease rental 40 per cent of gross earn'*
Belleville,
St.
ipto97,000narmi
..n eo.il,
Ae.i,:io i»tiviii niiore
97,000 aad,
OO
pat mile.
< 1.108; for
Re„;.fr
1187.*
,tere*t 00 bon'l*,and sinking fun
guaranteed by lessee*, rhe •••
o.)0 and preferred
9I.27S.'
nd* oa preferred *tock past aeven year* have been
ISjIu I3il;5%ln
.l 11 1 ,. t in 11 1
5 In 1385 5 In 1886
tiltinlnr.
in Stir, 1888.
1
;
;
1
lis
«;ap. -'
ror 99 raai
ney. Pa.. 37 miles;
982,460
let,
553.
Gromearnia
r-W9d!aSm
Bell wood. Pa., to Irrona, Pa.. 26 mile*, and
•ruetd A ielf. T-oii RR, Irvon* to Punxutaw1.61 miles. Groasearninvsln 1886-7. 91 10,495;
.107; .Mvl. lends, 927.SOO; surplus, 922,nel 973.2J). or thuoonsol.
rese r ved to retlro prior issues. Uha*. F. Bar-
ilelvldere Delaware.—Own* from Trenton, N. J., to Manunka
Chung, N. J., 87 mile*; Millli.in Out-oO, I mile. Fleinlngton Rll 12
mllea; letal operated. 90 m
in.l tr.nnLeaM to rjatta On ap •
remxl to Pennsylvania RR Mari'li 7, 1178. by whlnh o|m rated a* their
iieivniere n.vi-i .1. in lu.o
-
••
1
guar by the United
1
Miilngtnala rveret
Co's. Ail
r...it ii
3,537.207
net.
Piiu.R8.mi
mi RR. Co. was merged
and new
p. e. iHind* arc
iuortgsge« except l»t have sinking in. 1.1 '
•0 st
cgi
I
earnings were -r oent 1. 989.000.
9454.
stock. 91,1 lo.o-H); par of shares, 9*>0. -iV. 43, p. 573.)
It inland. -Owns from Rutland to Bennington,
Vt.. 57
..
Bennington to New York State Uno. 2 miles ;
total, 69 miles.
Chartered a* West. Vermont In 1845. and consolidated
LwBJ Capital
92
9,731.119
leased
earning* up to 92.500 per mi
n( 11 per oent on all aliore that
imouiit. Rental rooeired for 1936,915.707; for 1317, 91.1. ID). Stock,
91.000.000 par 9100.
I,
>
)._An exton-
A ill
>et
1.1
r.
.
7.171,60i
1,271
A.
(V. 45. p. 13, 203; V. 4<i, p. 573.)
ra.
.
m
Uarrtod
Belleville
.
->|R9*pt
rii^
WaUaee. Clear
.
raaasylri.
[n<uraaee on Uvea. *». U the truatoa.
..e. ,i ki
(M the consolidated n
der-sniile Crttsl A Danoaji
T *^^»s» »h»w property of to* 0o..92l.t2J.p>
"••ZT^T'J
ara reoerved to retire ana to of d c prior moetgage*.
a
and *i 1 77 .mm) mty
be sub-utiu-i for bond* la the sl.iku
ling funds. Beaakwtraot.CiiRoxtct.B.
y. 44. p. 904.
i t»ca*. *0V— After aariag paid dlridend* for maiy
laaratkeeoarnaayf pamidth" ••
ted sab*e.|a*nt dividend* on
stock The •yolioete traaaaetian In September. 1-87, warn
i. 399, and the Oaanolal ttate-
Wm.
>
;
I
.
Bennington A
INVESTORS'
SUPPLEMENT.
[Vol.
XL VII.
.
urn.
Subscriber*
RAILROAD STOCKS AND BONDS.
wtH
confer a *reat lawor by glvlug Immediate notice ot any error dlscorered la theae Table..
DESCRIPTION
For explanation
of
on
column heading!, Ac.
page of table*.
see note*
first
Miles
Date
of
of
.
.
Ml
M
«Ar
r
for Its stock
Jfoao-eai-Old pref sloe*, guar^.
d
$1,000,000
1.070.000
on
.
Com. and new pf. stock (newpf. stock U $640,400)
Making fond bonds 1*024.000)
Consolidated mortgage bonds (for #2.000,000)
Improvement
"
1887
100
500 Ac.
100
1858
1878
166
l
—
L*U*g.*L bows
Nash.
A Low.
d Uutnt
i
In bds.
....
Mas-8Ck.pref.<gu.N.Y N.HAn.l
In HsrleuiKi fusion In 187a Since f
by the rea
M above) operated
sjsllMirHsn (net •»
fiWOOOJOOO
l^T.rr,
t.'ll.--!.
5
•Titt/KM
4Vj
Ma,
4
6
7
4
1873
500.000
7
ISM
.Vxi.lXXI
4
188400
6
100
41
in. i-77. the
l.ooo
1880
l
—
500
j
Vermont division
Rutland Stock.
Bennington A
502.000 leaned. Gross earningsurplus orrr Intaresi. $30,041.
2»e
A
Albany.-Owns from
N
Boston. Mass.. to Albany,
l
i
Freight (ton)
Tears.
Miles.
Sanaa
BanmMa,
:t7i.:ii7.i-.-.
r-.u-.7i:i
7.637.982
Mileage.
M8S-I..384 167
.
1884 5.384
«
Oross
Dlr.
39H.862.o58
2444.305
8
167
8
177
390.464478 8.2W.733 ^iaffAUA
8
18$6-7..S80 10I.H43.114 4O6.00O.750 8425.744 2452,108
' Net receipts include Income from rents, Ac
-(V. 45.0.180.073. $11. 614.705: Y. 46. p. 801. 610; V. 47. p. 161.1
Boston Concord A Won I real. -Own* from Concord, N. H., ID
Vmoji Da. n ii .'J mflon: t.ranrhr. -WoodrrlQe, N II to nnnrton
.
Junction, 53 mile.; Wing R.—I to Mt. Washington. 30 miles; leased
Plymouth to No Wo>slatork. 21 Ulan; total operated. 187 tulles.
In June. 1884, leaned for 9» yean to Boston A Lowell. Rental Is 25
far cant of gross rtcetpu of the Northern, the Con A Clare, and II wton
Con. A Moot. RRs. leas *:•»•. <»• prr yrar, with guarauteeof Interest
0B bands and 5 per cent on pref. stoek. Of the bonds due in 1889. there
.)-$202,0<iOon which Int. Is pald.-(V 40. p. 707.1
A
Lowell.—Owns from Boston to Lowell, 27 m.;
Boston
A Lowell. 17 miles: Lowell A Lawrence, 12 mil. tauea; Middlesex Central. 1 1 miles: leases Nashua A I-..
Stony Brook RR.. 13 aulas; Wilton RR.. 15 miles; Man, Hester
Mon.. 187 mllra; Central MaBJL. 29 miles: B. Con.
Ceanartlcnt A Pnssump.lc. 147 miles; St. Johus-iury A Lake
plain. Lunenburg. Vt.. to Msquaui Bay. and i.ranch. 131 u lias;
leased. 640 miles; total own.. I and leased. 740 mile..
leaasof the North, of New Hamp. and the Boat, Ooa.
treal raurosds was made. la Mama. 1867. has Northern lease
Salem
A
was held TOkt
Ia June. 1hh7. the Conneetle
Maes of the B. *
and all lis
years was enacted by rote of
Uua rand
receives
leaned. A
Maine for 99
ml In Oct.
By the lease to
Road was
L
to the Boston
A
A Maine management.
7 per cent on stock till inn.. 1897. and
-
reafter.
Fiscal yrar ends Sept. 30. Income was as follows In 1896-7
1685-6; no report was Issued for 1886-71
188887.
Bet earning*
Fixed eoergee
$1,491,590
1,127,703
mi.1-7
-<Y. 45.
«
p. 512. 538.
793 ; Y.
46.
an
I
1885-86.
$1,273,741
971.653
*ii>:.')--
p. 37.)
nine.— Oa
Me.. 116
h> Mew llsmp
K4L, M. Hamp State nan to Maine
line 16
6 miles; Pop. n. A Port.. RR.. Mains Stnto Una to PortUad.
51 miles; Porte. (It. Falls A ( oawsr. Conwar JaaoUoa to North Oof
(aulas: Wareas. Math. A Roeb RR. woreenter. Mass.. to Rotae*ter. N H..94 mllea: nnaasroun abort branches of the foregoing. 210
ndles ; total n psrsesd Bsp*. SO. 1887. Including Rasters. «OW miles. In
18H4, Uxt essaasay leased the Be mat Masa on th» nasi*
H mile.;
Use, 41
w
May
a*sr*lirlf
Net asgnjasn
1899
1903
1.
1.
Auk.'93A1900
'. 1888
1--VS.;.
i--.;-.7.
584
.in
$1,374,581
.(.2117.062
310,989
$7,253,881
$4,751,409
$7,192,638
$1.i68.83l
$1.071090
$ •.•00.472
DtOOaB SCOOCXT.
18-i
188V86.
$2,623,801
Total
DunwrssasanttI
2.50 1,472
289.809
84sS4wl
$2.350453
$2,790,281
$2,923,551
$1,363,117
81,451.075
.140
88040$
Interest on debt.
$1,225,526
366.424
Dividends
(8)
..
188647.
2.071.0J0
279.463
....
at"
|9>S)
158.60J
ISaN 780
665,000 (101 700.000
188.7*4
510.846
Total disbursement i
87.210,553
87.755,281
$2,922,530
Balance sun':
$140,000
$15,000
$1,021
•i
lodes interest an sinking fund for iraproreuieut bonds.
-(V. 44. p. 114. 369, 458. 54 4, 807 V. 45. p. 538. 612, 781. 819.)
Boaton Near York Air Line.—Owns from Now Haven, Conn.,
to Williiinmtli', Conn.. 50 miles; l e ased. Turnervllle to Colchester, 4
miles total operated, 54 miles. Formerly the Mew Haven Mlditletown
A Wlllimantte, A lease was made In Oct.. 1883. to the N. Y. N. H. A Hart.
KK for $a rn«rs .it i net at dividends per year on the pref. stock and
Interest on the bonds; the< ommou stoek la $834,900.
Pro vldenee.—Owns from Boston, Mass., to Providence
n
R. I., 44 miles: branches.20 miles; leased, Attleborougli to North Attleiwrough. 4 miles; total operated. 68 mllea. In November, 1887. the
directors authorized 8J.000.000 bonils to pay floating d-iit. and » .freed
to a lease for 9j vein t
Old Colony RR. at 10 per oent yetrly
on •tock and a bonus of $1.30J.O0O ctih. out of wbloh an extra
Note., oui-i.nidlug
.tlvldeod of $32 50 was paid on stock May 2. l-i--:. were $760,000; bonds of 1888 wore for funding the
I
;
A
1885-1.3*4
A
July
.
<:. ISaVOBn
Y..
.
II
$4.16 1.006
;
Sep. 1.1 905- 6-7
Oct. 1/97 A'98
888488
:
Boston
do
do
Ae
.
803 miles nuuvr.ws oranehes. lira miles; eas ed Unes, 86 miles total
operand 390 miles. The Boston A Albany was formed (Dec,. 1867)
by the consolidation of tbe Boston A Worcester and the Western RRs.
From October 1. 1867. to Jnae 30. 18*-. (9 mos.) grass aaminewere $6JfcV9J«3. agslnst $6471.962 In h>86-7, not. $1.79.M71. agdn.i
-arplus orrr nied charges. $689,410. against $Fiscal year cads Sept. 30; report tor 1187 was In V. «5. p. 611.
Apr.,189'.A'96
July 1. 1896
$1,040,280
run
Bttnanfs
1889
1893
1911
1888
do
do
do
do
494
Total gross earnings
t
1.
1,
1.
2.
do
do
.H93A94
do
do
1905/07 A '37
N Y.N.IT.v B. On.
Oak, 1888
N.Y.. I.iiii-oIii V.t.Hauk Aug. 1. 1905
Boston, at UlUoe.
July 2. 1888
do
do
July 1. 1893
July. 1918
Bradfd. Pa. Co.'sOffice June 1. 1933
S
Frelg:.
n,
July
1,
1.
I,
.lai,
saaaaM
Mail, express,
Fork A Cooke
Jan.
Air.
Jan.
Office.
Offloe.
Boston, at
l-il 85.
Mi .»
April
Boston, at Office.
Various
5
Feb.
July
do
do
do
do
do
do
do
do
Nashua, Co/s
1927
1.
1898
1895
1902
APlym May 21. 1888
Milk St
do
do
M.A N.
J. A J.
P. A A.
A O.
F. A A.
Q.-J.
J. A J.
J? AD.
2
.3 1
J*n.
Sept. 29. 1888
Boston, Offloe.
If. .V
SAO
2.000,000
2,943,500
500.000
4.000.000
(I it. -Projected from Billings,
rthrra Parillc Kit to looks City— dls la nee. 1 I5>a miles Fork.
31 Vj miles, making a total of
with a branch nini'ing up Rooky
S-ixj.ix il .,r the boous have txsen Isaued toOuVerSl miles of
ea.
eoai
under
contract
oelds.
to be completed Dae. 1.
road from Blillnss to
rn- Co. has leased r r f >rty years
18**) authorised urn, $2,000,000.
tract
with Northern Pacllc
ooal
eon
640 a>-re< coal Uod. and has a
RR. Charles F Ko H-rts, Prat, 150 Broadway. New York.
lark's
<
620.000
3400.000
100
1U
50
ea
Berkshire-Owns from Connecticut State Use to Wast Stoek.
bridge. Maes.. 22 mllea. Leased la perpetuity to Himaetoulo Railroad
Company at 7 per et. on capital stock. $600,000. Lessors pay taxes. Ac,
and for this reason the quarterly dividend doe In Oct. la usually omitted.
Billing.
6
5
1873-4 500 Ac.
1,000
1883-7
bonds, sinking fund
e'
Basan. d /-rer.-Btorg. 10 p. c. guar. 99 jrrs.. Old Col
registered
ooupuu
or
ur
branches,
Bnnila to purchasee
funding bonds, net
*t mortgage...
..e
Brest/ord BonttU* A~l ansa— 1st mortgage
u
7
7.000.000
UK)
609
7
77.ll.0lXI
31X1.100
N Bost
A J.
A. A O.
J. A J.
J. A J.
Various
J. A J.
J. A J.
V
various.
A. A O.
6
426.000
.car
t
A
.V
J.
1.499,500
....
-m.x-k...
I
2V,
34*5400
•-.-. -i
I
A J. New York A London.
M.
Bostou, Office.
li
do
f:a a
do
J. A J.
A. A O.
do
5429.400
100
1902
1916
J.
"e
6
1,
1.
6
5
1.947.4O0
500.000
June
D. Philadelphia. Pa. RR.
J. Treasurer. Trenton,N.J' Jan.
1*4
308400
aw.
l.ooo
*
A
*
Tirton
Philadelphia, Pa., RR. Sept., 1925-27
J.
J. Treasurer, Trenton, >'. J. Jan. 1, 1916
M. A N. S. Y.. Culon Trust Co. Nov. 1. 1897
<*.-!. St.xkliridge, Treasurer. July 1. 1888
7
6
1879
1883-
for 90 years.
Bonds
J.
2
1-7'J
1-7.;
Boston A Maine glres
a rrntal guarantee
J.
5.000.000
2.000.000
8-858,000
800,000
1.000.000
•-'O.i
740
6
7
4
6
7
600.000
-u ..mw
ibo
100
100 .*.-.
l
J..0.000
20.1XH1.1KW
1.000
1,000
LM
.
Jr.0.l>M»
47f>.iXXi
1.000
187
d
1
1-77
1872
187S
1882
Rat.' per
Oataanaaaaj
i
-"J
Bomla -PrinciINTEREST OR DIVIDENDS.
pal, When Due.
When Where Payable, and by gtotka— Last
r.-nt.
Whom.
Payable
Dividend.
Amount
Value.
;
Immu/m
Baste* Coaesrd
at
Par
64 1877 $1,000
67 1876
1.000
67 1888-7 1.000
1.000
12 1876
M
Loan of 1875
Bonds Issued to State
si.-.-,
Road Bonds
..tDtl.— 1st M..exfd in "77, conv., guar...c
mort. of 1876. elm tug fund not drawn c
of '76. guar, by Cn. O's A Pa. RR. s.f..r
Ftemington RR. M. bds.. a f.. 1 p-ct nut drawn, .c
--•-•d nS*fiand-lst mortgage.
BsrtoaSrs fltocs (7 p. e. perpet. re-tal Hnu.stotuc).
Btllinft Ctort's /or* d Coots 0U»-0 1 1st M.. go-••
Motion d dfaany-Blork
«*«
Plain bonds
_
21
\
the- Rastera-ia this Stimaaa.T. The Maaebes.
Is leased for 50 years from Hept. I. Iii7. and
the Boston A Lowell, including tue lines euutrailed by It under lease
title of
torALawrsnea mad
the Beaioa Concord A Mow i real, the Conaeett nit
Pasaasspsle. Aofer 99 ysarsfrusa April. 118 '. ( ontrol of S A L was a-amed In Oct
dmktog fna.i rorkaproT. „| bisads amooated Seat, do, 18,7.
A
M
rsar ends Sapt. $0. Aasual report In V. 45. p. 791.
The earnings and etpeu^., ie;„w ladit.ie the Eastern lu
years end the W. .V * k
T>x- nseai
all
the
:
i
A
•
:
•
ir
eiijlng
8rt|it.
3
>.
1887, gro.. In
xj ii"
wag
SI
405; net, $l7i).8(l3: surplus over lutere.t and dividend (10 per cent).
131, 612. 637. 641. 673; Y. 46. p. l-o.i
llm.li.Td Bordell
Klnana-(3-foot gauge)— Mileage from
Bradford, Pa., to SuuiMon. Pa, 15 uiilea; Klnma Junctloo to Raw cur,
2 miles: Rew Cltr toKldred. 13 miles: Simpson to Sinetbport, 10 miles;
total. 88 miles. Stoek is $500,000. par of shares. $100.
In Dec
default In Interest was mad-, and in Nov.. 1885, bondholders suliscrllKxl
5 par oent on their bonds to resame payments, leeelrtng certlllo ttes of
indebtednees to the amount paid. Ot these oarttfloetee $ :2,95 were
outstanding; Den. 1886. Gross earnings in 1887, *10.7.I7; dertolt under
expenses an 1 Interest, $73,223. John J. Carter, Tltusvllle. Pa., Prest.
Cuba.-Owns from Cuba to Ore,, N. Y.
Bradford Kldred
Jl mllea; o|iera'es. Wellsvllle t IJitl- ii n»asi. 21 m'les.snl Kl red to
'erea, 9 miles; total operated.
itook. $18
ire are
also 2d mortgage bonds for euo.OOo, 6s, which wero duo June 1. 1885.
In year ending Sept. 30,
Koreeiosure salt began In February, 1815.
iii7. gross earnings were *3t..e2o deficit. $15,919. This. 0. Piatt,
A
>
A
.
I
i
I
I
:
Y
Receiver. 83 8roedwty. N.
..17
)
Brooklyn KlernteaV—Owns from Fulton Ferry and
llnd<e via Broadway. Ac. to Bast New York. 6\
Ilrooklyn
eases
I
np«ratim from Broadway snd Lexington Avenue
to llroalway Ferry, Jit miles, an I Myrtle and Ur.iiol Avn.iej to
ilrooklin Brld<e. 1-4 mile
Other llnei ot'Un. El. under oonslruotlon
to oe opened early In 111:1. This Ii Hie HrooKlyu EL Rallrouf organn h|e\:it<xl. In
i
.
May
int.
as suooeasor to the tinxitlya Blerated Kallw ig sold
Tue capltiU stoek Is $>.0oo,000 ipar
In foreclosure May 13, 1884
$100). After 1118. II n.teitrnlngi sutnee. a sinking fund of one per
bond* at UO, and after '8i» s like a rd. will
cent will purchase
ourchaas let mon
LOS ua ">i I* drasra.
tiiei'iii '<
well at 1st mort., are gitaraaThe
ize
1
-'.».
i
m
i
iii
is tor
.n.
both Central rru-t
From
Oet.
.
Lit
* .41.01 J. ajaln
F .r ve.r
$1 ',0)0,0011. tli-- 2d
It Is cxpecUxl that
iu ly tak place,
grjsi earniugi were
(Jo.
.ion w
uie 30.
U
inn
|9
i.
116 -7: net. $1 )i
gross earniiw
t
tsin.1t
HI;
'.
w
*n
not.
8iJ4f
mi. Prist. (V 15,
>; V. 4'i. p. 74. .00, 201. 6i0; V. 47, p. 188.)
yiontaak.— Kr.Miklyn to Eastport,
Brooklyn
L, 67 mile*;
branches to Fresh Pond Junction. 1 mile; to Rockawa). 9 miles ;
This was first the Soui'i Hide Kiulroisd or
total. 77 miles.
"I reorganised as
the
Islaad. which was foreelosod Sept.
sonthernof lying Island. Oa Jnae 3. 1879. the property was again mid
organised.
la foreoioenre of the seoond mortgage, and i
The piufarrun stoek baa a prrfereaos of 7 per cent, not cumulative. It
a Long Isl. RR for 50 years, from October, 1879, at 25
200; netdef.
;.. JI2. 312. 5.18. 671. 8
;
I
.
.
i
•
A
L
I
'
i
:
.
:
INVESTORS'
99
SUPPLEMENT.
[Vol. XLVII.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bomls— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
For explanation
mi
of ooliunn headings,
first page of tables.
Ac, aee note8
Bradford Eldred it Cuba— 1st mort
0*
Brooklyn Elerm led— 1st in., g., s. f. not drawn
c*
2d mort.. gold sinking fund not drawn
Union Elev.. let M.. guar.. $550,000 P, m., g...c*
2d M., Inc. noo cum., guar.. $185,000 p.m., g.c"
Brooklun it Itontank—Stock ($1,100,000 is pref.) ..
'
First mort., guaranteed by Long Island RR
o*
Second mortgage (for $600,000), gold
Brunsxc. it West— 1st M. guar, by 8. F. A W.. c«.tr
—
BuJT.Brad.it fills.— Gen. M.. (Incl. 10.000 ae. I'd) c
Buffalo S. T.<t Ene—Stock(7 p.c.rent N.Y.L.E.AW.)
o*
1st mortgage
Buff. Roek.aPittsb.— 1st gen.M.,g.($10,000,000;.o*
R. A P. 1st mortgage
R. * P. Consol. mortgage, $20,000 per mile
R. A P. Equipment bonds (car trust) In 5 series...
Buffa iorfSoi/fAtc.— lstM.g.int.gr.byN.Y.L.E.&.W.C*
Burlington 0. Kaput sit Northern—Stook
1st mortgage, siuking fund
c*
1st M., red. after '89. guar., c
Ced. Rap. I F.AN.W.,lst M.,g.,guar.,red.att.'90 >
c i
1st M.,gold, guar
do
Consol. 1st VI.A collat. trust, g., $15,000 p.m o\fci
Minneapi li- A St. Louis, 1st mort., (assumed)
Cairo Tineennes it Ohie. -1st M. bds., gold (Wabash)
California Pacific 1st mort., gold (ext'd'd at 4*s)
2d mort., end. by Cent. Pao
3d, mort. guar. by Cal. Pae. ($1,000,000 are 3s) ...
Camden it Atlantic—Stock ($879,850 of it pref.).
c'
1st mortgage (extended 20 years In 1873)
-. .0*
2d mortgage, extended in 1879
o*
Consol. mortgage (thirty years)
Camden it Burlington Co. 1st mortgage
Iowa City
A West.,
—
. .
—
Miles
ot
Date
Size, or
of
Par
Road. Bonds Value.
24
69
6-9
1881
1884
1885
1R87
1887
1881
1888
1888
1865
l.ooo
1,000
500 &0.
1,000
1876
1887
1881
1882
1,000
1,000
1,000
1,000
1,000
1,000
100
All
108
258
Var's
67
369
73
390
1.000
1.000
1,000
100
78
78
78
171
26
142
142
1.046
$1,000
1,000
1877
100
1876 100 Ao.
1,000
1879
(1880 1,000
I
1881
1884
1877
1881
1867
1871
1875
All
12
266
114
114
114
79
78
1853
1854
1881
1867
31
1.000
I.OOOAo
500 *c.
1.000
1.000
1,000
500
50
1,000
1
,000
1.000
500&0
pal, When
Amount
Outstanding Rate per
Cent.
$500,000
6
When Where
J.
8,500,000
1,250,000
A.
J.
!"• M.
0)
(I)
2,000,000
1.000.000
550.000
3.000,000
580.000
950,000
2,380.000
1,111.000
1,300,000
3,9 0.000
20
626.000
6
5
J.
A 30
A6
5
m.'a's
7
I*
6
&7
1,500.000
eg.
7. 135,000
"5'
6,500,000
584,000
7g.
825,000
6g.
1.905,000
5.000, X>0
150.000
3,857,000
5g.
2,250,000
4>a g.
1,600,000
2.998.000
3 A 6
1,257,250 2<s on pf
?*
l
6
6
S
A D.
A J.
A J.
A D.
A D
M. A S.
P. A A.
I. A D.
Various
J. & J.
AD.
H A S.
A. A <>.
A. A <).
A. A. ().
J. A D.
A J.
A
I. A J.
A
A. A <>.
I. A.
A. A O.
J. A J.
F. A A
J.
J.
J.
3i«
490,000
497,000
350,000
350.000
A J.
A O.
A J.
A S.
A J.
J.
J.
g.
\l
-
Payable, and by
Whom.
Payable
.1.
.1.
.1.
.1.
.1.
.1.
.1.
Due.
Stocks— Last
Dividend.
1932
1924
1915
1937
1927
N. Y., Gallatin Nat. Bk. Juoe 19, 1888
N. Y., Corbln BanK'g Co. Mar. 1, 1911
New Y> rit Agency.
June 1, 1938
N.Y., H.B. Plant, ASav. Jan. 1, 1938
N. Y. L Erie A W. RR. Jan. 1, 1896
N. Y. L. Erie A W. RR. June 1, 1888
Deo. 1, 1916
do
do
N. Y., Union Trust Co. Sept. 1. 1937
Feb. 1, 1921
do
do
do
do
Dec. 1, 1922
Various.
N. Y., Gallatin Bank.
N. Y., 1st Nat. Bank.
July 1, 1908
Last paid July, 18«4.
N. Y.,Ceut. Trust Co.
do
do
do
do
do
do
Co
Jan.
July
Mar.
Jan.
1,
1,
I,
1,
1,
June
1.
Oct.
1906
1909
1920
1921
do
April I, 1934
do
June 1, 1927
Last paid. Jan., '84
Oct. 1, 1931
N.Y.,8.Pac.RR.,23 Br'd. Jan. 1, 1912
do
do
Jan. 1, 1891
do
do
July, 1905
Phila.,Of.,233 8o.4thSt. April 16, 1888
Phila., Farm. A M. B'k.
March, 1893
do
do
Oct. 1, 1904
do
do
July 1, 1911
Phila.. Penn. RR. Co.
Feb. 1, 1897
N. Y., Central Trust
do
do
do
do
do
do
do
do
8ept. 1,
Oct. 1,
Oct. 1.
per cent of the net earnings of the whole Long Isl RR. system Including agge. They will also retire all prior and divisional bonds.
From Jan. 1 to July SI in 1888 (7 ions.), gross earnings were $1,447,Its leased lines. The Long Island RR. guarantees interest on $750,000.
of the bonds, at 5 per cent, and both principal and Interest on $250,000 530, against $1,574,634 In 1887; net, $272,739, against $331,875 in '87.
sixes In June, '88, $600,000 2d mort. bonds were issued, and dividends
Annual report in V. 46, p. 619, gave net income, die as follows
of 30 p. c. on pref. stock and 20 on com. » ere paid. (See V. 46, p. 60 J.)
FISCAL RESULTS.
Daniel Lord. President, Now York City. (V. 46, p. 609, 770.)
1886.
1887.
1884.
1885.
Brunswick
Western.— From Brunswick to Albany, Ga., 171 Miles operated
990
990
1,039
1,046
miles.
This was formerly the Brunswick A Albany. In Dec, 1887,
Earnings—
$
the control of the road was sold to the Savannah Florida A Western,
Passenger
691,174
662,435
692,129
666,922
and new bonds were issued as above, guaranteed principal and interest
2,284.542
2,141,646
2.174.174
2,024,175
by the S. F. A W. to, trustee of mortgage being Metropolitan Tr. Co. Freight
139,659
105.362
117.797
129,178
There are also $3,000,000 5 per oent non-cumulative income bonds. Mail, express, Ac.
Stock: Common, $1,500,000; preferred, 6 per cent, non-cumulative,
Tot. gross earnings
2,796,459
3,093,513
2,933,30 rf
3,005.962
2.13-2.404
$3,500,000; par $100. See application to N. Y. Stock Exchange, Oper exp. and taxes
2.119.543
2,^25.906
l.Q 17.769
Chronicle, V. 46, p. 428. (V. 45, p. 512; V. 46, p. 819, 828.)
Netearnings
878,690
903,970
80H.905
7oO,056
Buffalo Bradford
Pittsburg. Owns from Carrollton, N. Y.
70-77
72-69
68-57
7404
to Gilesville, Pa., 26 miles. Completed in 1866, and leased to New P.O. op. ex. to earn's.
York Lake Erie A Western for 499 years. Rental, 7 per cent on outINCOME ACCOUNT.
standing bonds, $40,600 a year. Capital stock, $2,286,400 par $100.
1886.
1884.
1885.
1887.
Receipts—
$
$
$
Buffalo New \ork
Erie.— Owns from Buffalo, N. Y., to Cor800,905
878.690
903,970
780,057
ning, N. Y.. 142 miles. Leased in 1863 to the New York A Erie for Net earnings
63.252
83.798
31,108
95.789
400 years, and now operated by the N. Y. Lake Erie A West. Co. Rental, Other receipts
238,100— viz., 7 per cent on stock and bonds and $5,000 for organizaTotal income
987,768
864,157
875,846
909,798
Sion expenses. Dividends and interest paid directly by the lessees.
Disbursements
Buffalo Bochester
Pittsburg Hallway.- (See Map.) Owns Interest
on debt
742,275
573,663
749,898
767,127
from Rochester, N. Y., to Clayville, Pa., 229 miles Buffalo Branch from
improvem't,
Ashford to Buflalo, 48 miles; other branches, 17 miles; total, 294 miles. Const'n.,
equipment, Ao....
137.775
56,925
140,067
108,169
This company was formed In March., 1887. as successor of the Roch806,823
Tot. disbursem'ts
681.832
880,050
907,194
ester s Pittsburg and the Pittsburg A State Line RR., which were foreclosed in Oct. 1835 and purchased by Mr. A. Iselin.
Balance
sur.227,966 sur. 107.718 sur.57,334 def.31,318
The preferred stock or the consolidated company Is $6,000,000 (en(V. 44. p. 90, 184, 494, 619; V. 46, p. 610, 649.)
titled to 6 per cent dividends, non-cumulative), and common stock,
Chicago.— Cairo to Tilton, 111., 258 miles;
Cairo Vineennes
$6,000,000. In year l886-'87 2 1a per cent was paid on preferred stock.
In November, 1887, anew mortgage (Trustee Union Tr Co. of N.Y.) for branch, St. Francisville to Vineennes, 8.; total, 266 miles. This was a
$10,000,000 5 per oent fifty year bonds was issued, $6,OOJ,000 being consolidation of t:ie Cairo A Vineennes, Danville A 8. W. aud St. Francisville A Lawrence roads, forming the Cairo Division of the Wabash St.
reserved ft »r prior bonds.
From Oct. 1, 1887, to June 30. 1888 (9 months), gross earnings were Louis A Pacific. In J uly, 1387. a decree was entered by consent releasing
this road from liability on all Wabash olatma, Receiver's cert ideates
$1,508,181. agalust $l,3til,583 in 1886-7; net, $333,571, against
$396,775; deficit under interest, taxes and rentals, $18,149, asaiust for $666,161 have been issued. All the above bjnds have b en deposited
with Anthony J. Thomas aud Cnarle E. Tracy, bondholders' committee,
surplus of $93,551.
The Income aocounts of the R. A P. for the years ending Sept. 30 were as prepiratory to reorganization. From May 1. '88, to July 31, '88 (3
mouths), gross earnings were $17",837, against $191,673 in 1887; net,
follows
$51,415, against $73,709. hi the year ending April 30, 1887, gross
Receipts—
1836-7.
1885-B.
Gross earnings
$1,916,361
$1,299,362 earnings were $710,661; net, $161,263. In 1887-88 gross, $763,035;
Net income (including miscellaneous)
$394,734
$390,357 net, 8251,397; paid rentals, $11,567, and Interest en receiver's certificates, $39,430; surplus, $200,401.— (V. 45, p. 214, 614, 819, 855.)
Disbursements —
Interest on bonds
353,910
352,106
California Pacific— Owns from Vallejo, Cal., to Sacramento, Cal.,
Rental and miscellaneous
68,505
56,128 61 miles; brandies— Vallejo Junction to Vallejo, 2 miles; Adelaute to
Calistoga, 35 miles Davis to Knight's Lauding, 19 miles; total oper$422,415
$408,234 ated. 115 miles. Leased for 29 years, from July 1, 1876, to Central Pao.,
Balance
sur. $172,319
def. $17,877 but in Nov., 18 -<6, new lease was made to Southern Pacific Co.
Rental,
Walston H. Brown. N. Y., President.
$600,000 per annum, and three fourths of net earnings when in excess
(V. 44, p. 212. 309, 392, 402, 781 V. 45. p. 25, 240, 373, 400, 538, Of that amount. Capital stock, $12,000,000; pir. $100.
In 1886, gross
613, (173. 705; V. 46, p. 101, 201, 353, 610; V. 47, p. 161.)
earnings were $1,233,641; net, $374,082. In 1837, gross, $1,207,372;
Buffalo & Southwestern.—Owns rroin Buffalo to Jamestown, net, $631,087.
H. Y., 67 miles.
Formerly the Buffalo A Jamestown; reorganized
Camden
Atlantic. Owns from Camden, N. J to Atlautio
In 1877, after foreclosure. In July, 1880, leased to N. Y. L. E. & West.
60 miles; Atlantic City to Longport, 7 miles; Phil. Marl. A
for 99 years— at 35 per cent of gross earnings, but interest on bonds City,
Haddontteld
to Medford, 12 miles: total operated, 79 miles.
Med.
RR.;
fuaranteed. Rental in year ending Sept. 30, 18S7, $115.3 )2; in 1885entitled to 7 per cent if earned, and to as high as paid to 00m.
6,890,831. Stock -com $171,833. and $471,833 pref; par$lOO. When Pref. stock,
than
7.
Penn
RR.
owns $231,100 com. and $15 1,95 pref. stook.
more
If
earnings have been sullioient a small dlv. has been paid on pref. stock.
issue of 5 p. cs. under consol. mort. has been authorized. From Jan.
Burlington Cedar Baplds A Northern.— On Jan. 1 '88, oper- An
1888
(7
mos.),
gross earn's 011 main line and branches were
to
July
31,
ated from Burlington, Iowa to Albert Lea, Minn, (including 11 miles 1
against $360,289 in 1887; net, $43,928, against $61,506.
leased), 253 miles; brauches— Linn, la., to Postville, la., 94 miles; Mus- $359,874,
an
branches
in 1837 gross earnings were $678,644; net,
main
line
t
On
catine, la to Riverside, la., 31 miles; Vinton, la., to Holland, la., 48
J
per oent),
miles; Iowa City to What Cheer and to Montezuma, 73 miles; Clinton $13 ,561 surplus over fixed charges, $56,539; dividends (5
1886.
gross,
$599,090, net, $129,775; surplus, $51,610.
Division, 81 miles; Decorah Division. 23 miles; Iowa Falls Division, $43,988. In
V.
46,
218.)
p.
494;
p.
-(V.
44,
430 mites; Waverly Division, 6 miles Forest Division, 7 miles; total
owned, 426 miles; total operated. 1,046 miles. This company has a perBurlington County.—Owns from Camden, N. J.,
Camden
petual lease of those lines (included above) built by the Iowa City A to Pemberton, N. J., 23 miles; branch, Burlington, N. J., to Mount
Western, the Cedar Rap. Iowa Falls A N W., the Cedar Rap. A Clinton, Holly, 7 miles; total, 30 miles. Leased to Camden A Amboy Railroad
and the Chic Dec. A Minn. BRs. The Waverly Short Line is operated Co.. and now operated by the Pennsylvania Railroad Company, lessees
temporarily, and tile Forest Division for five years ending June 22. of United Railroad A Canal Company's lines. Lease rental, $44,415,
189/. This company was formed as successor to the B. C. R. & Minn., being 6 per cent on stock and bonds, and $500 for organization exforeclosed June 22, 1876. hi May, 1885, a decision was obtained by penses. Capital stook $381,925 and fuuded debt $350,000. Dividends
the holders of old equipment mortgage bonds of 1874, holding those in January and July.
bonds to be good, but the m.ster found only 513 bonds a valid obligaCanada Southern.—Line op Road—Main line from Cantilever
tion, and too case is yet pending.
(V. 46, p. 649.)
Bridge to Windsor, Ont., 226 in.; branch, Aiuherstburg to Essex Centre,
Iowa City A Western bonds are guaranteed as to interest and are 16 miles; Fort Erie Br., 17 miles; Oil Springs Br., 3 miles; St. Thomas,
redeemable after August 31, 1889, at 105. Bonds of the Cedar Rapids Out., to Courtrlght, Out., 63 miles; Erie A Niagara, 81; SarniaOh it ham A
iowa rails & Northwestern road are endorsed (endorsement Is 011 the Erie,
7; Canada Southern Bridge A Ferry, 4; Toledo Canada Southern A
>°™*> jtne 6 per cent bon 'l8 arc redeemable at 105 after Oct. 1, 1890: Detroit,
56, aud Michigan Midland A Canada, 15; total of all lines
or the 5 per cents $825,000 are reserved
to retire the 6 per cents. The operated, 436 miles, of whioh 105 miles are nominally owned by propriecompany guarantees the above bonds. It has also assumed $150,000 of
tary companies under separate organizations.
St
Ul8 7
cent bonds due June 1, 1927. as commuted
The Canada Southern Railway Company was chartered in Canada
re t«i £;?J .ull.^°
1"T
e8 " ,rroa,11
eiw<d for 999 years from Minneap. A 8t L. February 28, 1868, and the main liue opened November 15, 1873.
In iiJi?
ai
1
''"'Poseof
issuing
additional
bonds for exten Default was made and debt reaifusted by Act of Parliament in
steifs 11.'. 1?,?.?,' ? * .. ortz
a capital stock was raised to *30.o00.000. 1878. Interest on the 1st mortgage is guaranteed by the New
ThA«n.. t"" 1 uunrtH
"i" Br n
ate<f April 1. 1884. and issued at $15,000 per
York Central Railroad Co. for 20 years but the principal is not guarJSuVT,
mile to build new road, Vbeing secured by first
mortgage bonds on lie anteed. In Nov.. 1882, a close contract was made with the M o'ltgan
reds built, deposited with the Central Au?tUoTtrti^
it °Ws mort Central for 21 years from Jan. 1, 1883, providing for the operation
,
A
—
A
;
A
—
A
;
.
A
1
;
—
;
A
—
,
,
1
,
;
;
,
'
V
11
1
A
'
1
.
1
.
':
,
;
September,
1888.
RAILROAD STOCKS AND BONDS.
|
*S
Ithic.!
fw.tkin.
•IliV.
«?«
XB.-l.ll.n|
kip
i
I
^Z
nwki
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IJilCit,
5 Trout Rim.
r^7
m.
nvl
oo*toyV
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VI*..
ck H.v.n
bo.
I^nrllle
L. "l-lrtir*
HORATIO
^HORATIOwrfKJ.a,,^
Ih,m t»l«irTN_
A
«jron«
1
I
N
Hun .y
j
M!««
Alto
IjltinunyAon
""•l
5BURG
Kill.r.l.ur»^
ft?
ihmrSS*^Jt;'7-iMT tr
7MLVMo«
>
/
MAP OF
R
G
«
ui>)tln
Johnitown
*
TriK
BUFFALO, ROCHESTER
PITTSBURG
R.R.
/ vf
'
f
r
-
:
)
.
.
;
.
SUPPLEMENT.
INVESTORS'
94
|Vol.XLVII.
subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DescrjpttoN;
I
,
For explanation of column headings, Ac,
on first page of tables.
see notes
Mile.
of
Date
Road
Bonds Value.
Canada Southern—Stock
430
404
1st mort., Interest guar, by N. Y. C. 4 Hud. Riv.c
oAr 404
2d mortgage
Canadian Pacific—Stock (guar. S p. 0. dlv. till '»3J. 4,960
Canada Central RK. 1st A 2d mortgages
Quebec Prov. due on Q. M. O. A O. and N. 8. i: l;
Land mortgage bonds, gold (redeemable at 110)
1st mort. do bent, sterling
1st mort on Algoma Branch, £
Land grant bonds, interest guar,
Manitoba 8W.Col.Ry, $12,000
2.856
o*<fcr
183
by Can. Gov't.
p. m.. Int. guar..g.
c",tr
Atlantic A Northwest— 1st M.. g., guar
Op.tear <t Yad. Vol.— 1st M..ser.A $10,oo0 p.m. e*4r.
or
reg.
Carolina Ventral 1st mortgage, gold, coup,
2d M. (for $1,300,000), gold, Income, non-cum. .r
3d mort., gold, income, non-cumulative
..r
Carson <£ Colorado 1st mortgage. Series "A"
Second Div. M., 8er. -B.," June, to CaL State line.
Catavissa—Common stock
—
—
%
Pref. stk. ($2,200,000 is oldpref.),7
g". P.
1st mortgage, assumed by I'liila.
mailing
A
AR
818
325
l.Vi
242
242
158
138
34
98
Mortgage bonds
Oayuyu a ««*«.— Stock, 9 p. c. rental D. L. &
Cedar Falls <* Minn.— Bonds on 2d dlv.. sink, fd.c*
OenUBr.V.P— IstM A toll. AT P.RR ,g.,$16,000p.m. 100
Funded interest bonds (coupons held in trust). ..
2d mort. (Government subsidy)
ioo
Central K. R. a Bank, Oa.—Stock
1,219
General mort. "tripartite" bonds
o*
620
Collateral trust bonds. gold, drawn at 110
c*
Certificates of debt, pay. at option after July, '91
OceanSS.Co.,gu.,lstM.,s.f. $100,000 y early
,000*0
100
'82-'83
1881 500 .fee.
1885 £100Ao
1S«8 £100 Ac
1888 £100 Ac
1,000
1884
1887 £100 Ac
18X6 $1,000
1881
1,000
1,000
1881
1.000
1881
1881
1,000
1,000
1883
500
Ac
'66-7-8
500&C.
1,000
1,000
1.000
1,000
1,000
100
1,000
Canadian
Pacific. —(See Map.)—The main line extends from
Montreal to Vancouver on the Pacitlo coast in British Columbia.
2,906 miles. There are branches and auxiliary lines owned of 925
miles, and 1,129 miles of leased lines, making the whole system 4,960
miles. (See details in Chronicle, V. 46, p. 619.) The road was opened
llrst of
The Canadian
July, 1886.
was Incorporated February 18, 1881. under a
oharter from the Dominion of Canada. The company had an important
contract in its charter, receiving from the Government $25,000,000 in
Paoittc
cash as a subsidy, also 25.000,000 acres of land, all to be flt for settlement. In Nov., 1883, the Dominion Government gave a guarantee of 3
per oent dividends per annum for ten years on $65,000,000 of stock.
In May, 1838, the company voted to relinquish its exolusive right to
build and operate in Manitoba, receiving the Dominion Government
guarantee or interest oa $15,uoo.00> of laud grant bonds These bonds
for £3,093,7.
are a lien on 14,834,233 acres of land subject only to
$3,463 000 land giant bonds of 1881.
The Manit' ba Southwestern Colonization Railway, extending fr >m
Winnipeg southwesterly, is leased for $600 per mile yearly and interest
on bonds is guaranteed.
To the Atlantio A Northwest RR., crossing the State of Maine, the
Dominion Government grants a subsidy of $136,000 per year till 1906
and Can. Pac. guarantees the balance of money necessary for interest.
The lands in possession of the company are about 14,934,237 acres.
The land bonds of 1931 are receivable for lands and mav be paid off at
110. There are also $43- ,03 > Nort Shote Railway 1st inorf b >nds.
From Jan. 1 to July 31, 1888 (7 mos.l, gross earnings were $7,021,745,
against $5,786,092 in 1887 net, $1,514,898, against $1.3o2.524.
The annual report for 1887 was published at length in tne Chronicle,
i
;
T. 46,
p.
608, 617
OPERATIONS AND FISCAL RESULTS.
1885.
4,338
Passengers carried, No....
1,661,719
Passenger mileage
116,702,980
Miles operated Dec. 31
Rateperpassengerprmile
Freight (tons) oarried
Freiglit (ions) mileage
Kate per ton per mile
....
2-45 cts.
1,996,355
406.82-M66
1886.
4,464
1,399,319
150,466,149
2-10 cts.
2,046.195
555,438.159
1-20 cts.
Net earnings
Pet ct.or op.exp.toearn'gs
$3,225,217
61-46
$3,703,487
63-26
$3,504,118
69-ol
1
Surplus
-(V. 45,
p.
8,102,2 a
Cape Fear
,
188**
$3,703,437
$3,50t.'ll8
3,0li8,0t2
3. 250,264
*63r>.445
52,239.400; V. 41
8. W. C.I;
634, 708, 770, 771 (M.
C.
8811
p. 38, 102, 448, 4^0,
V. 47, p. 50, 170.)
~$ 153.85
i
608, 609, 617,
Yadkin Valley.—In operation from Fayetteville, N.
Ac
to Beiiuettaville. 8.
C, 57 miles; Fayettevllle, N. C, to Mt. Airy,
Factory branch, 10 m.; total, 235 miles. Road is
miles additional, and is in course of oonstruoon by the North Stale Improvement Co., which Co. holds $750,000
2d M. income bonds. The total stock ls$810,351 (par tfU'O), $793,550
being outstanding April 1, 1888. From April 1 to Aug. 31 in ls83 (3
months), gross earnings were $121,360, against $97,398 in 1887; net,
$48.6 11, against $12,862. In year ending March 31,1 -88, gross earnings
were$2!»l,5»0; net, $142,774 in 1886-*7 aross. $236,066; net. *111,583; surplus over rentals and interest, $46,797.— (V. 46, p. 319.)
N. C, 168 miles;
8rejected some 200
;
Carolina Central.—Owns from Wilmington, N. C, to Rttherfordton,
N. C, 267 m., and branch, 9 in.; total. 276 m. Formerly Wiiui. Char
A Rutherford, chartered In 1855, aud foreclosed
May 3, 1873 Defaulted, and receiver placed in possession April 5, 1876. Sold in
foreclosure May 31. 1880, for $1,200,000. Controlled by Seaboard
Roan
oke and Raleigh A Gaston. 8to<df, $1,200,000. From April 1Ato July
S "*'.
i '"'"',^K' o*s earnings were $128,897, against $119,960 in
,iL!.
1887; n.t $21.1120, against $11,635. In year ending March 31, 1883,
gross earnings were $527,199; net, $157,402; surplus over
1st mort.
etc
5, 96,:
*o00,2«B; net, $183,773: surpms
I,™r^,
V* etc.,
.
J,!? ?£.'• F°^.
over
interest,
$39,190. Wdmingtou Bridge bonds, $215,000, at
Ruaranteed "^ tul8 Co and tne WU. Col. A Aug., and
(
totei-est
"aid™
-
m.'a N. Philadelphia Co.'s office May 18, 1888
A A. Phlla.. Plula.A Eead.Co. Feb. 1, 1002
do
do
Feb. 1, 1900
A A.
7
4is
July 3, 1888
J. A J. New York, 44 South st.
Last
paid
Julv,
1837.
Jan.
7
J. A J.
2, 1907
6g. M. A N. N. Y.,195B'yAUn.Tr.Co May 1, 1895
do
do
May 1, 1895
M. A N.
U.S. Treas.. at maturity. 1896, '97, '98
j. a"d. N..Y,H.B.Hollins A3av. June 22,1888
4
J. A J. N.Y.Nat.City Bk.,ASav. Jan. 1, 1893
7
M. A N. N.Y.H B. Hollins A Co. May 1, 1937
Savannah, Ga.
After Julv, '91
J. A J.
6
J. A J. N. Y., H. B. Hollins A Co. Jan. 1, 1892
F.
F.
v|*
—
&
Cedar Falls Ac Minnesota.— Owns from C. F. A M junction on
A S. C. RR.. near Cedar Falls, Ia„ to Minn. State Line, 76 miles.
Leased to Dubuque A Sioux City for 40 years from January 1, 1867,
at $1,500 per mile as a minimum and a contingent of 35 per ceut of
gross earnings from $3,500 to $7,500 per mile and of 30 per cent of
any excess over $7,500 per mile; minimum rental is $113,370 per annum.
The Dub. A 8. C. was acquired by III. Central through ownership or its
stock in 1887, and a suit is pending to annul the lease of this road. Interest was defaulted Jan., 1888. Capital stock. $1,586,500. There are
also $20,000 1st division 6 per cents (mort. on 14 miles), extended, due
the D.
From Oct. 1,
April. 18 38 and 1889, lu default since Oct., 1887.
1887, to Dee. 31, 1887 (3 mos), gross earnings were $27,313; deficit
under expenses and taxes, $8,923. J. Kennedy Tod, President, N. Y.
— (V. 45. p.
819, 855; V. 46, p. 74, 102, 199, 288.)
Central Branch Union FaclUc— ( See Map Mo. Pac.)—Owns from
Atchison, Kan., to Waterviile, Kan., 100 miles; leases Atchison Col A
Pac. 254 miles Atch. J. Co. A W., 34 miles; total operated, 383 miles.
The Un. Pao. Cent. Branoh was formerly the Atchison A Pike's Peak RR.,
and was one of the roads embraced in the act of Congress incorporating
the Union Pacific RR.
The stock is $1,000,000, of which the Union
Pacific owns $853,800. The company received a Government subsidy
of $1,600,000.
It is operated as a Dart of the Missouri Paoiiio
system under a 25 years lease, made Sept., 1885, by which the net earnings are paid to Union Pacific as rental. In 1837. gross earnings,
$1,439,460; net income. $383,579; deficit under charges and dividend,
$162,802. -In October, 1885. 5 per cent dividend paid; in 1886 paid 10
per cent in 1887, 10 per cent— (V. 46, p. 32 1.)
;
;
RR.
Ac
Banking
Co. of Georgia.
-ISrr.
Map.)— Owns
from savannah, Ga., to Atlanta, Ga., 294 in.; branch, Gordon to Milin.; leases in perpetuity— Augusta A Savannah RR., 53 in.;
Eatonton Branoh RR., 22 in. Southwestern RR. aud branches, 333
miles; leases till 1985 Mobile A Girard RK 85 miles; controls by ownership of stock .-Savannah A Western Kit.. 335 miles; Montgomery
A Eufaula RK., 80 miles total operated and practical!.! owned
Auxiliar..
system (the earnings of
Aug. 31, 1888, 1.219 miles.
which are reported separately) includes, besides other lines. Western RR. of Alabama, 138 miles; Georgia RR., 3J7 miles; Port
Royal A Augusta, 112 miles; Atlanta A West Point, 87 miles; Port
Rouil A Western Carolina, 229 miles, and Sav. G. A N. Al.. 60 miles,
and embraces in all, 984 miles. G.and total of Cent al RR. mileage,
2 203 miles
Also owns entire stock of Ocean S3. Co. In the auxiliary lines the Cen;
INCOME ACCOUNT.
Netearnlngs
Fixed charges
"3i«
6
:
ledgeville, 17
l-OOticts.
"
;
2.144.327
687,786,049
$3,453,818
6,924,130
1,223.465
$11,606,413
Aug. 15, 1888
Jan. 1, 1908
Mar. 1, 1913
Aug. 17, 1888
1893 A 1910
1902 A 1*04
Oct. 1, 1931
July 1, 1915
July 1, 1937
July 1, 1938
June 1, 1934
Jan. 1, 1937
June 1, 1916
Men. 31, 2000
July 1, 1915
July 1, 1910
July, 1911
July 1, 1913
Road follows the valleys along eastern side of Sierra
Nevada Mountains and may eventually join Southern Paciflo at Mojave.
8tock, $6,380,040 authorized $2,760,000 issued. No information furnished.
H. M. Yerington, Pres't, Carson. Nev.
Catawissa.— Owns from Tamanend, Pa., to Wiiliamsport, Pa., 94
miles; branch. Summit Station to Silver Brook, 4 miles total operated,
98 miles. There are outstanding $271,850 loans of various dates.
Leased from November 1, 1872, for 999 years to Philadelphia A
Reading. Rental, 30 per cent of gross earnings and $3,000 a year for
company expenses. Funded debt is also assumed by lessees. Seven per
cent is guaranteed on the preferred stocks. (V 43, p. 387.)
Caynga Susquehanna. Owns from Susquehanna River to Ithaca, N. Y., 34 miles. Leased in perpetuity to Dela. Lack. A West, at a rental
of $54,600 a year. Dividends on capital, 9 to 913 per cent per annum.
Central
1-lOcts.
M.
—
total 299 miles.
1-93 cts.
$3,170,714
6,112,380
798.710
$10,0-1,804
6,378,317
Earnings—
Passenger
$2,859,223
Freight
4,8sl,8'i6
Mail, express and misc'us.
627.404
Total earnings
$8.3o8.l.«3
Operating expenses
5,143,276
1887.
4,960.
2,057,089
174,687,802
J.
1,600,000
630,000
1,600.000
7,500,000
4,999,000
5,000,000
4.600.000
987,000
100
1872
1887
1881
1882
F.
5
5
.
510,000
1,159,500
3,200,000
230,500
1,300,000
589,110
1,377,000
30
1866
1865
1879
1H
When Due
Last
Dividend.
Stocks
A A. N. Y., Grand Ceu. Dep.
A J. N. Y.. Union Trust Co.
do
do
A S.
F.
A
A. N.Y., 59 Wall St A Lou.
1%
Montreal.
5 A 6 Various
do
5
A. A O.
5 g. A. A O. Montreal.N.Y.orLondon
J. A J. London, Baring B. A Co.
do
do
5 g J. A J.
3i«g. J. A J.
do
do
J. A D New York and Ixmdon.
5 g. J. A J. London, Baring Brs.ACo
6g J. A D. N.Y., Farm. L.A Tr. Co
N. Y., Bait. A Pliila.
J. A J.
%% J. A J.
A.
A
O.
8
I
J. A J.
New York,
J. A J.
do
6
13.920,071
5,100,000
65.000.000
1,823.333
7,000,000
3.46S.0OO
34.998. B33
£750.00')
15,000,000
2.544,000
6,650,000
1,500,000
2,000,000
1,200.000
1,500,000
2,250,000
50
50
1882
1870
of the roads jointly and paying from the net earnings the fixed
char.es of both; then the division of the remainder between the two.
In the rate of two-thirds to the Michigan Central and one-third to the
Canada Southern. In 1886 the surplus to C. 8. was $t07.335; for 1887,
surplus, $510,870 and balance over dividend of 2^ per cent, $165,000.
For latest reports of earnings see Michigan Central. (V. 44, p. 21, 584;
V. 45. p. 5, 25, 886. V. 46 p. 783, 802.
throughout, the
Rate per When Where Payable, and by
Outstanding Cent.
whom.
Payable
1,000
1
pal.
Amount
$100 $15,000,000
1878
1883
Bonds — Prinol
INTEREST OR DIVIDENDS.
or
Par
98
"93
34
61
W
Size,
of
,
—
;
RK. owns part interests, either half or greater, represented Alls. 31,
1838, by $3,461,611 stocks and $3,119,700 bonds or mortgage notes.
In 1881 the Georgia RR. was leased for 99 years in the Interest of this
company and the Louisville A Nashville, which operate it 011 joint account. Ibis company and the Georgia RR. Co. are joint owners of the
Western RK. of Alabama, 138 miles, purchased at foreclosure sale In
April, 1875. The " tri-partite" bonds were issued jointly by this 00111pauy, the Macon A Western and the Southwestern. The certitieatesof
debt of 188 1 are in the nature of guaranteed stock and are payable at
option after July, 1891. The collateral trust bonds (Central Trust Co.
of New York, Trustee) were issued in 1887; for abstract of deed and
securities deposited see V. 45, p. 242,
Dividend in 1882-83, 3 per cent; in 1883-84, 6; In 1884-5, 5 p. 0.; In
1886. 6 p. c; In 1836-7, 8 p. c.
From Sept. I, '87, to July 31, '83 (11 mos.), gross earnings were $6,810,791, agalust $5,857,212 in '86-87; net, $.',521,315, against $2,063,203.
Fiscal year ends June 30 (ehinged from August 31 in 1888); Presis in V. 47, p. 285 see also article, p. 27 1.
dent's report for 1887-8 was
*l 337-8
1886-7.
1885-6.
$4,082,652 $4,421,630 $4,874,960
Gross earnings
2,441,814
2,801,257
2,505,874
Expenses
tral
;
Net earnings railroads ..
Net earnings steamship cos.
Net bank and in vestments
...
$1,576,778
$1,979. 8 65
4«9,4f>l
274,194
36,220
35,5 s 1
Total net income of company. $2,082,450
Less interest and rentals
$2,289,641
1,361,087
.
Exoess of income over fixed oharges
$2,073,703
526,201
119,016
$2,718,920
$928,554
Iucludes 12 months, July 1, 1887, to July 1, 1888.
& «P olo f?,do T <3 foot ?anS*e-)-From Mound House Nev., to — (V.45,p.84.
166, 17 3, 2 10, 212, :i7 1,400, 744; V.4b,p.
rJSKK*Ji
Candelaria,
Nev., 158 miles; Junction,
*
Nev., to Keeler, CaL, 141 miles
226,274,284,235.
37; V.47,p.50,
8XPTIMBM,
1888. J
RAILROAD STOCKS AND BONDS.
33
LNVESTOKS'
SUPPLEMENT.
You XLVII.
1
September,
:
.
RAILROAD STOCKS AJND BONDS.
1888.]
«7
Subscriber* will comer a (real favor by siring Immediate notice ot anjr error discovered In these Tables.
DBBCRIP
Miles Date
of
For explanation of column beading*. Ac, lee notes of
Bond. Bonds
on first page of tables.
I
Csmo-ai tfosMf Atuear-Stock ($3,892,088 la pref.)
c
Mortage bonds. Interest guar, bj B. * L
OtntrJ of tfaw Jersey-Stock
General mortgage, gold
1st mortgage bonds
i(HO0
1
1886
1,000
1.000
1.000
1.000
1.000
....
(convertible Nov.. 1875 to 1377)
Bonds
-.
Consolidated mortgage
Imp.fo. M.bds.. guar, redeem at 110.
Debenture bd*.. eonv. Into stock till 1907
Ommi OAlo-Stock *lll.500of thlslapref.)
1st mart, bonds, sinking land
Am. Dock *
Con sol-
Is* mortg. (for $2. 850,000), gold
ISM
e
mini Paeijtc—Stock
1st m., gold. (2 sink,
*!».(
>,000 eacbi. sot .'ruwn
—
Land grant
let m.
1st
VI. -Si... k,
OOBSOL
.
not drawn ..«
($790,000 pref.i.
«-f
A.
|*
7
9
90
1.000
1^00,000
1.IHKI
1,000.000
68,000.000
•j.y- -3.000
6,080.000
25.8H3.000
2.725.000
1.970.000
6.000.000
9.865.000
1,000
1,000
1.000
a. f,
Vt.
2.0 .0.000
18.503.200
2S.812.SO0
9,000,000
1,283,000
7
l'.obo
mortcace bonds, not drawn
A land grant, gold, bds
-VJi.V.t—
5.000,000
677,000
2,800.048
1,000
1.000
.
I
4.0.V.I.INH,
100
f.
(s.i
$50,000) not drawn.
lstntAJoaq'nVsl.Br.. g. (a.f.
tj.
term*'
certs
U. 8. Loan. (2 1 Hen on certain
WMt.Pac.. lst,a.f..not dr'ui$U1.0O0.JAD.due'99>
West. Par.. Government lien
Cfiralof
1.000
100
500 Ac.
eAr
(reg. O, -J.)
yJSSe.
BoHds-PrinolINTEREST OB; DIVIDENDS.
pal, ft hen Dae.
r——
Amount j
When Where payable, and by Slock*— Last
Outstanding Bate per Payable
Cent.
Whom.
Dividend.
—
"JiV*
l.i'OO
A
J.
M.
M.
%*
s
if
A
1
'«
.I..
do
do
J.
Bait., at B.
J.
A
A J.
A 0.
A J.
st.
A.
A
O. N. Y.
J.
A
J.
A San
July
1,
1906
1987
1890
1902
1890
Pel).
1,
Nov.
July
July
1,
1.
do
July 31, 1888
Sept., 1890
do
N.Y.,B.Pao.Oo.,23Brd.
do
do
A.
do
do
J.
U. 8. Treasury.
J. A J. N.Y..8.Pae.Co..23Br'd
Various
U. 8. Treasury.
J. A J. NY .M.P.U-. Co.,23Brd.
New York A London.
J. A J.
do
A. AO.
do
J.
Oct. 1,
I
do
do
do
do
do
A O. office.
do
do
8.
8.
Office.
19 Liberty
do
do
MAA N.
•J*
2*
i.o.v>..«».
N. Y.,
Q.-J.
3
e
ttjoo.ono
Boston Co
O.
MA
J.
•
I
A
"a'j.
P. A A.
N.
j.
Francisco.
May
1,
1.
Sept. 1,
1921
1908
1930
Aug
1.
1888
1895,
Oct.
'6,
"7A'8
1.
1900
1899 t.. "98
July 1, 1899
1895
A
Jan.
Jan.
1.
Oct.
Oct
1,
1899
1913
1892
1890
1936
1,
1,
Stock. Centra
Consolidated RR. of Vermont, 1st mortgage
Msanssquol Vail"; KP... Hook, i p. c. rental
Char. r.Hn..re»l«.-l»tM..g., ($23,000 p. m.) c*
Pa si (na A oaa a anaA-Gcn. M. $1 .500,000. g...e1st and 2dpref lnoomcs, *l ,000.000 each
Ckarimu Columbia A AufutUt— 1st mart, eonsol...
issa
100
i
6.ISS..O.NI
Bost.Ain. LoauATr.Co.. July
1,
1913
July
York. Jan.
1,
1.
1947
1930
I.
1895
1,
1910
900,000
1.000
1,000
m
Boat. Sate D.
\S8S&
7
g.
A T.
Co.
J? A
J.
Charleston
A
A
J.
O.
N.Y..Rii'h.ADiin.2Wall Jan.
do
do
Jan.
A-
New
J.0<«
2d mortgage
900 Ac
t.OOO.000
l.OOO
900.000
Central Wasaarhuaetls.— Formerly the M ass ac husetts Central.
Bold in foreclosure Sept. 1, 1S83. Road from Boston to Northampton.
Mass.. 104 miles. In Sept., 1886. leased to Boston A Lowell for 99
yean at a rental of 20 per cent of gross earning* up to $1,000,000, but
with a guarantee of auffict. ut r.nial to par Interest.— (V. 45, p. 642.)
<
iitral of Near Jersey, -<.4er Map) -Owns 269 miles, leases 264
dies and operates 116 miles; total, 648 miles, not Includlne the
"Switch-bark." 18 miles. The principal leased lines la Pe nsylvanls
J.
A.
ehargea for tranaportatlon on Its account, and also to receive 9 per oent
of the net earnings the "Thunuan" act of May 8, 1878, directed that
the other one-half of charges for Government transportation should be
withhold, nod also that the company should pay $1 ,200,000 yearly to
the Government for the sinking fund of Its debt or as much thereof as
shall make the 5 per oent of net earnings, plus the whole transportation
account, equal 3a per oent of the whole net earnings for the year. Deo.
accrued interest due the Government amountei to $3J,0ll,in and Me Lehigh A Lswcawaanu. with 838. an 1 par value of securitlee In U 8. Gov. sink. M. was $2,8 1 1,906.
paid to the stockholders of the Oregon A Cat. RR. 80.00 i
There
was
Beading
l.lll.H") shares ot Centr .1 Paclllo atock fur their O A C. stock, bringing that
property Into the Central Paclllo In 1887.
Stock 111. Bo*!**—The following dividends on Central Paclllo stock
* Lehlgn
Ukesbarra Coal
- per cent; 18-t0.
isjr cent
18S1. 6 1882. 8 ;
Oomfony's stork Is held by Central of Mew Jersey, and of the were paid, vi
11,500,000 Lehigh A Wilkes aarrs Coal bonds. $6,116,000 are bold 1883. 6: In 1884, 3: and In Feb.. 1888. 1 per cent. Prices of stock
have
since
1879
been:
In
1880. 63A97>i: In 1881. 80<eO102'g:
by Central of New Jersey and receive Interest after all other bonds
- 1, 30#iJ7J»: In
are in Mans* The entire capital of the American Doek A Improvement lnl882,82Xj»97%; In 1883. 0:
'85.20-jA49:
Js<ss43»c and In 1888 to Sept. 21. Inclusive,
Company Is owned by the railroad company, and the right exists to
26tt«37>« Most of the Issues of bonds have sinking funds, as
aaxrokoosthe bonds by lot at 110.
On Jane 1. 1883. lbs road was leased to the Phlle. A Beading BR aeen In the table above, and these sinking funis are Invested mainly
Co. baton Oct. 19. 18*6. Messrs. J. 6. Kennedy and Joseph «.Harris In the bonds of other Huntington lines and accumulate; the bonds
were appointed receivers, and took Ju mass l i u Jan. 1. 1887, remaining are not called In. The stuklng funds amounted Jan. 1, 1838. to $6,241,6'.3. The land grant bonds are porohased with proceeds of land sales.
In till Jan.. 1888, when the road went back to its owners.
In Jane, 1887. a plan for complete readjust meat of the debt was pro- There was to the en- lit of the land grant bonds Deo. 31, 1487. $1,872,
nosed, under which the gold mot tgage far an authorised amount of 881. secured by a deposit of $1,500,000 bonds of 1930. Of the land
fa0.000.000 was leaned. See abstract of mortgage V. 48. p. 402. grant mortgage of 19J6 W. E. Brown ami Prank S. Douty are trustees.
Tiir. l.iM.GaixT- The total land granted the Central Paclllo and the
Trustee of roneoUdated and general mortgages Is Central Tr. Co. of N. Y.
The fall statement of the oompany*s proposal to each class of debt, California A Oregon companies was alsjiit 12.000.000 acres, of which
with stains. Ac. was given in V. 44. p. 714. 710. and the receivers' re- abont 2,470,000 acres had been sold to D«o,31. 18-47. In 1887 31,982
acres mere sold for $105,324 and to. el c ish receipts of Land Departport at length In V. 40. p. 41
Prom Jan. 1 lo July 31. 1888 (7 months), grooe ramie ra were ment were $195,916. Land contracts on baud Jan. 1. 1888,$1. 117.408.
Orgfivnoxs. Pixxucbs, Ac.— The C. P. stock, after
$7,012.29". against * ,6330. "91 In 1887; not $3,053,488. against
for • few years, pal 1 not'jlng after February, 1884, tilt 1888. wnou 2
per
cent was p .1.1. In 1 >:•«.> the road was lease 1. as alwve. to the 80.
Operations tor 1887 showed the following earnings and axed charges
(this la upon the oasis of old fixed charges prior to the reduction of Padfio at a net reu. al guarantee. of «1 :oo,000 per year, subject to the
debts due the leasee company, but In Jan., 18s*. the miuluiuui rental
reorgan tattoo)
1886.
/arreae*. Derreosv. was r deed to $1. 360,000.
ting debt was wiped ••a. mm) first .lr.ii.nl ajadorlha
b is--...
$2,221,264
$8,862
-•» $391,591
Irnse was.palil Feb. 1. I808
The n«dmIlo:i ..f the fl.i.tilug debt, was
a. compHshed by the sale of materials to the So. Pae. Co. and the Issue
9.180.5HJ
287.662
24,047
514 of iHiiide, (See report, V. 40, p. 571)
481.424
59.615
..tSEK.i. >AUtacg sntt.r. uncKMnnn 31. 1887.
Constmetlnnan.il
Totals
$107,104.013 66
$11
• 10.742.801 $809,261
nnciU
Operating exp. A taxes.
(
1.799.04907
6.284.098
]•'.
I. in
«'..ii:i.i- 1...mii •nis ., n time sales...
1.117,1.:
Cash Assets over rloAttaaj Kent
1,790.194 65
Fixed sSmsmsn,
4.577,863 "fcJSKa
Total AsatU
$17J. 110,699 91
$541,517
..
$631,277
$84,568
„
Cardial Stoek
$68,000,000 00
(V. 49. p. 29, 112. 113. US. 166. 271. 304. 402. 90.1. 972.613,696,
$5^,4-0,000 00
l<eaa Amounts held In s nklng Funds
7V8.699; V. 46. p. 37. 41. 133, 6j9; V. 47, p I08.I
ofthoCe.au.il..
.1368— 52,065,49632
Central Ohio.—Owns from Bella) re. Onto, to Columbus. Ohio
..Uso OO
s:,-.
137 miles. Chartered In 1847 and opened In 1894. Beormtnlsed In 1' lilted states Bjo.ILess
paymenu
ma
e
la
tu
full
dslo
for
1869. I eased to the Baltimore A Ohio, for SO years, Nov.^1. 1866;
1.8 re.|iireiuenta. under acta of
rental. 3ft per cent of gross earnings, and In 1880 the lease was
l-Ol. an I the Thnrman Aet
10.041,7 J2 18—
17.413,997 82
extended to Dee. 1. 1926. with the option of renewing for ten.
General Income 4c.. unt
3.159,79197
Tsars perpetually. Rlnkinx fund for • per cents held Jun- 3for
Bode
option
ot
Land
$•08,000 Co. a bonds and $1.%.-,. 40 stock given above as outstanding:
,129,198 4$
total sinking fund assets at par $824,707. The eonsol. mortgage (Mer
for niokg r-ndsuf the Co. 1J Hi»,t73 36
* JSi1 * * DeyonH Company of Bait., trustee Is for $2,830,000.
forU.
Ke.,.ilr. ments
8
18— 34.231,289 77
10.0.1,722
<
The
road
be•*. $o*».3««J.
H. . .?
.TTV y"*!***'
owned Jointly with the Pltub.
Total Liabilities
Ctn. A St. Louie RR. Co.
$172,110,099 91
:
.
"
:
;
,
I
.
••
.
1
I
;
"%B.
.
-
.
1
"S
gy
IP«*W
,
)
.
!
1
Cenlrel Parlne.—fast
Ami Mara
Lara or Bo ad—
Jan. 1 lo June 30 In 141- <0 moiitlisi. irrosa earnings on 1,410
. -'ere »
iiralnat $5,1.4 8 miles lo 1487; net,
$2,338,990, against fi.tHJ. 930 In 1847; surplus over Interest, rentals,
Ac.. $292,818 In 18$$.
<8. 1.360 mllse; Btoektoa A Copperopolls Rail
The annual report for 1887 (Cns.iiicLt! V. 46, p. 571) showed gross
to Central Padfic, bat operations are reported earnings $.3,737,Central Pacafio Railroad $1,086.n with the Union PaontcVthe Central Paclllo 733 balance doe from Bo
.nake guaranteed rental) $113,267.
from Han Prau. Isr... t'al.. to Council Bluffs. -IV, 49. p. 92, 142. 166. 17-.'..
10. 4o0. 472.613.743,819,
'as opene.1 May 10. 1880.
46, p. 37, 88. 199. 57/1,609. 737. V. 17, p. 21, 140, 332.)
itml Paatte lines were
to the Southern
Central of Vermont. This company was organised In April,
• all tu net surplus income
uder a charter from Vermont. It has no road of Its own, but
ana Dettermonts, and a minimum operates a large mileage under lease. The Cunsollouted Hit. of Verat Im.ira of $4,080,000 (payable annually mont was organise.
-.4, embracing the former Vermont Genthe l ease, hot this rental Is first si.plic
>nt A Canada properties, and was then leased to the Cenm. Hosting .1. 1. If any, ami n.. <IU Id. u.ls tral Vermont. The stock of the Consolidated Vermont Is $750,000
preont, Pacatock UU Feb.,18»8. when 1 per ferred 6 per oent aud $300,000 oonimou.
The stook of the
Central Vermont la $l,00o,oo0, an
It
operate* under lease
-The C. P. was a consolidation (Aug. 22. the following roads: Coi.sol. RR of Vt.— Windsor to Route's
(orgsnlred Oct. 8. 1864). California A Point, 188 miles; Keaev
liurllngiou. 8; Bwanton June, to
and. Ban Praocssoo A ilameda and Ban
e Line, II
. Palls to BurUmrtou, 120
Addison KK. -Leicester Jane, lo Tloonderoga, 16; Montreal A Vt.
f
10 toe Pa^c'raliroads ; 'the act'oT'jIi'ly.
Junction IT .vine Un.
.1
.*.-:.* Clia.ul.ly Kit. BJ. A
-et to that of the first mortaiuplaln KK -II .uses Point
Oovrmmeat to wltlihold one half the to U«dcu*burg, 116; New London A Noitucru RK.-Biattl.boro
to
Jfi
o, 1'al.. to Ogden,
II miles
p to ( Josbeu. 14$ miles ; Boar vtlle J unrUon to
lea; other lines 39 miles: total operated and
.
>
1
fi n
:
ma a
contlt
la (1.918 miles
In March, 1M
„
rental of »i.3«
oa May
1
I
..
1.
'
,
•a^toOiepa/i
W*r*
,
•»!
U')<1ri
cent wee paid.
Th» C«»sr«i
J.
r
1864.
•n
ii
I
1
1
I
•
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SUPPLEMENT.
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ANNAPOLI
"\BI^dt'n»llurg
/ashincton
4a|
,
MAP OF THK
3NTRAL RAILROAD
NEW JERSEY
AND CONNECTIONS.
7I
September,
:
:
.
KA1LR0AD STOCKS AND BONDS.
1888.]
3 abac fiber* will confer a great fmror by stria:
DESCRIPTION
Miles
I
Lite
39
Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
pal, When Due.
*
Amount
"ft
Of
Rate per When Where Payable, and by
Por explanation of column headings, Ac, see notes of
Road. Bonds Value (Outstanding
Cent.
Payable
whom.
on flrst page of tables.
m Auamtlm (OonHntud)—
Columbia * Angnata 1st mortgage
OsmoL morU.. gold (for S3.000.000)
Charlotte Columbia
140
23
35
CkaiLSomtd t'oi.-l"t.g.(»2.240,000i916,0O0p.n».c
._._...,....
OhmrtUrt 1st mortgage
at Katk -lit m., g. 325300 p m. s f...e*
Ohttaptakr at Ohio— Purch. money funding bonds...
Osiispuri
1st
montage,
fi
do
mortgage,
M mortgage,
tm
M
at
-A"
do "B"
gold, series
do
do
4Jtil
do
••B," ext'd at 4 per et
ear. (Interest la stock or cash)
gold, of 1911. Peninsula Extension
1st
1st BsorCgoM. of 1932 on exten. (for 93.000.0j0>
mm*— ... U., g. (919.000 p.
(91 1.000 permilel
9d mortgage
75
1865
1883
1887
1871
1«87
1878
1878
1878
1878
1878
1881
l
Ml
Var.
m l.e*
353
C
351
1881
1M77
1882
Paduc.A Elii.. 1st M.dr'n stioo (9300.000 are rs)
e*
l trust bonds tor 92.000.000
8....
not mortgage
4.073.910
10.*.0 1.200
*
«
10.106.289
2.000.000
148.000
6
6
8-
1371.000
6
6
6
g.
,v
-
1,000
l.ooo
1,000
1.000
1,000
1.000
1.000
Ohtaoom attea—Common
Preferred at'ck (7
Geo. mortgage,
Jollet
p. o.
sterling, for
La.
A
A
guar,
Chic. 1st
M
.
Mo.. 1st
IM
1st M. end. by Chic* Altoo
3d M. endorsed by C. A A.
SdM., assumed (conv.l ...
(9*39.100 sssnmed by C. A A.I
M
2d M.< Int. guar.
1873
1.00 J
i
1.000
4379.850
2383.000
1300.000
37
87
150
101
Cs A.)
101
Hi
100
1864
1864
1868
1868
1870
1-77
guar. oref. slock
Sink. fd. ode..torK.CSt.I~AC.
(
let
M. aa oollat
)
162
.
1978
l.ooo
l.ooo
1.000
1.000
1.000
1.000
J.
I
6
3
S
a
6
g.
7
1%
W
7
564.000
7
A.
1--..HKS
7
7
7
7
J.
J.
P.
3>a
P.
44,000
1.785300
300.000
329.100
1408
2.417,000
a
A
(
1
N.Y..J0I111 PatonAOo.
Treas.Offf.oe
and Chic
j. I -ond'n,J .S.Morgan ACo
Co.
J.
J. V. Y, John Paton
N. Y. U. 8. Trust Co.
<*•-».
A.
V. Y., John Paton
Co.
j:
8366300
100
Lot don. 121 ; niattlrboro A Whitehall RR. -IIrsttlelH.ro to London.
derry. 36: Moi.tpelier A Whit* River RK - M.-nt|.eii,r to Barer, 7: Mlsateqaoia H.wk Ki\erBK.-E*stmans 10 Bolton Centre. 10: t>.bd.672m.
Slept.. 1*38. leased the M jslsun,* Valley R R . 81 Albans to Riehfor.i,
• miles, si 4 pet rent on 9600,000. took.
In 1886-7 gross rstnlngs. 94.4el.60C; net earnings, 91.318.675;
roaUls si d loirs. 9612,532 ; Int.. * COP 33*7 real estate purchased. 99.999; b*Js*Jee,98i, ,«-39.-(V. 43, p. 274.308; V. 44. p. 4i3. V. 45. p. 51V.
New
««
755,000
3.100,000
14.112.000
3.479,500
«•
1*
6g.
6g.
6.176.000
2.8*3.000
100
100
•
B
by & A A
amassed
do
do
do
do
do
do
do
do
-t
...
5
130O3O0
gOllsOOO
849
#900.000
AChk.. 7 par omit, stock,
Louis Jacksonville
St.
stock
y'riy not cumulative!
600.000
875.000
.*<•
g-
M.
ft*
7
A.
2,237.000
191300
A J. N Y.,Rich. ADan..2 Wall Jan. 1, 1890
do
A J.
do
July 1, 1933
A 8. N.Y., Simon Borg A Co
1937
A O. Philadelphia. Prim K. K Oot. 1, 1901
P. A A. N.Y.Offlce.Mills B'ldlng Aug. 15, 1937
J. A J. N. T Offlce.MllU Biding July 1, 1898
A. A O.
July 1, 1908
H. A N. May, '87. last pd.N cash July 1, 1908
M. A N. N.Y., Company's Omoe. July 1, 1986
do
J. A J.
do
July 1, 1918
A. A O.
do
do
Jan. 1, 1911
do
do
J. A D.
June 1, 1923
do
do
vaitoaa
Various.
F. A A. N. Y., 23 Broad Street
Aug. 1, 1911
P. A A.
do
do
Fob. 1, 1911
do
P. A A.
do
Peb. 1. 1897
do
do
Yearly to 1892
J. A J.
Keene, N. H.. Offloc
J. A J.
July 10,1888
Boston, Offloe.
J. A J.
July 1,'96A'98
J.
Ar.
1(")
79V79 500
i
6
100 Ac.
100
i.
7
9189.500
Nil
1.000
1,000
1.000
1.000
1.000
1.000
loo Jr.-.
J.o'Mt.ooo
Slock*- Last
Dividend.
A
A
A O
A O.
A
A
J.
J.
A
A.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
A A.
M i N
6g. M. A N.
Sept. 1, 1888
Sept. 1, 1888
1903
1893
1888
April 1.1894
April 1. 1894
July 1. 1898
July 1. 1898
Aug. 1.1900
Not. 1, 1900
Aug. 1, 1888
May 1, 1903
July
Jan.
1,
1,
Oot.,
complete reorganisation of tb^ company an 1 the completion of
the road i« Cincinnati, together with a bridge there over the Ohio
River. This plan was given at length in the Chko.viclk of February 11,
1888 (V. 46). >n page V. of advertisements, the main features being
that the smaller Issues of bonds remain Intact: that the "11" bouds
receive two-thirds of their face In the new 5 per cent bonds and oneihlrd In 1st pref at.wk: the currency 6s to receive their face In 2d
pref stuck; the 1st pref. stock to pay an assessn ent of 91 per share,
2-1
pref. 96 per sham and onm'uon 9^ per share, all receiving their face
Map )-This reed ts
( barl.ston Cincinnati A Chicago.- ( «n
being •Mitlt by the Mass. a- » utb. c<»i.s met Ion Co. ir*m Charleston. rslue in new stock aad also 1st pref. stock tor the rash pa d on these
ass
e
ss me n u. The new mortgage will be for 930.000.000 at 5 per oent
si olina. Tennessee.
l,r..ugh 'he Stairs ol ha nth Carolina, Berth
(aal the reorganisation trustees may "capita Use" one fifth of lie Interu and Kenloehy, to Ashland 00 the Ohio River: 45 miles be- eat
for two years), and 96.000.000 will be reserved In the Treasury,
tween Riiti-erli r.ltou. N. C. sad Bisrk Station. S. C. and 64 miles
lUwk will be 940.000.000 common. 9l2.000.ls3 1 1st pref. 5 per
between CsmdeK snd Rock Hill. 8. C. are In operation, and entire Tbeaew
non-cumulative and 9l2.0J0.ooo 2d pref. 5 per cent. The pan
oent
to be la operation oy
ate lt*m Chsrlrsn n to RutherfordCincinnati, with the bridge
Oct. 1. l>*8. On Aug. 2. 18»7, the company vntrd lo lake up and also provides for the llae from Asnlaud to
loss, and to o»er he duio, which Is being constructed by separate companies, one
isamns Issued under a mortgsge dated Oct
msaethe abova bends, rovertajc lb* whole line ot road from Charkwton of which 1* He- MajsvilleA Big Sandy.
L. June. Imhh. an arrangement was made to absorb the Richmond A
la the Okao River. The counties, town* and township, through which
the road runs ba\e already voted aid to the am .uut of ai»m 91. '«••.- Alleghany Hoed.— (Sea circular V. 47. p. 19 '.I
The
sun ia! report tor 1887 was In the Chronicle. V. 46, p. 411, oon000, pas able In beir 6 and 7 per cent bond*, In eiaaaaga tor aa equal
ainlng the following
amount of stock. These subscriptions are payable aa the road is com- tuning
HH7.
1886.
Orneial offlcesof the eumpaay. «5 Bruad
pleted. Par of stock, 91O0
Gross earnings
.93.361.215 94.096.0 18 84,451.108
war. New York.-(V. 45. p. 013; V. 46. p. 41P, ..-.I7.9MI
2.3-4.159
ip.iatlag
expenses
3
.152.170
la to Charles
< harleston A Mfssaik.-Ovu trotn Savauaah.
tan Junction. S. c.. lot miles (eioept 7 miles trackage). B „d hr. achto Earnings over oper. expenses.
9987.0.5 91.v28.068 91398.99b
7.osl
11.626
Youngs. I'd. 6 mile*; operate*- Ashley River hranrbea. 4 miles: Cbarlea- Olh. r receipts
1 367
_
loa Juartlonto Charleston. 7 miles: total operated, 1*1 miles. This was
?:> -...;.!:!
Total
91,239,693 91 306,079
1 In 1866 under name of Sevan
Taxes and rentals
91.6*2
109.227
110378
TO,
Sold la foreclosure June
Balance net earnings
981 91. 130.165 91,196,201
(Mora. 9500,< 00.
In addltlSSO. aad present company orxanlsed. Stocg.
72. 792; V. 46. p. 171.199,
n to the gen snort, b. nds, there are 91.000,000 lst i-ref Income 7s -(V. 45. p 54. 142. 509. 572. 613. 611. 672,
353. 411. 448. 481, 637. 610, 649, 770,'882; V. 47,
aad 91.000.000 3d pref. Income 7s. Karninga. grosstin 18*7. 5 IK
net over rxprnseaandUies 982.610. H B Pmnt. President, New York. p. 81. 199.1
lumbla A Aagu.la. n
Charl on.
Chesapeake Ohio A Southwestern.—Owns from EUxabethfwn,
lltiaii i'i nrl mils* Mawea Ati. Tenn. aO. BR.. Ca s rts n s to states Ky.. via. Paducah, to Memphis, Tenn 362 miles; leased. Ceelllan
Tub, 44 m.; Cheraw A Cheater. 39 m„ and Chester A Lenoir. 109 m.; or aarb of Louisville A Nashville. 47 miles. Total operated. 398 miles.
total onerared 373 mils. This was a consolliaUoa (July 9. '691 of the In Feb., 1886. leased to the Newport News A Mississippi Valley Co. for
Cswarlotte A 80. Carolina and the ColumliU A Amrusta. The road has fifty yean. The company purchased the Memphis Paducah A Northern
beaa uader the control aad awuwresocot of the Richmond A Dan vllie -Paducah to Memphis— and the Paducah A EUaabctlitown. subject to the
taee "78. sad In May. 18-6. was leased to in .t company. There were* so 9600.000 mortgage on the latter, and leased In perpetuity the Oectuan
aotstaadlug sVatTJO. 'S7. 990353 osnlfloste* of la lebtednes*. Hone of Branch of Louisville A Nashville, from LoulSTlUe to Ceelllan Junction,
the new consol bonds had been isaued W. Nov. 15.87. PromO.
far 960.000 per annum, wtln option of purchasing it tor 91.900.000.
Aug. 31. -- Ml mo- gross eamlnra were 9863.662. ag'st »739.l >.'. in Slock—Common. 96.O3O.600. and preferred, 93.696.000; pa-, 9100.
•8t-7: net, •36>) .9J4. sg'st 9295389. lu year ending -epi 30, '87, gros.
Prom Jan. I to July 31 In 1888 (7 months), gnaw earnings were
ra:n'< were 9826. 116; net over expenses and tales, 9J04.21H; surplus 91.091311. against 91.OO0. «51; net. 9366,427. against 9373,131.
over int. and rentals. 913. -.54. Orosa, 1886-8tl.9785.76ir, net. 9257.7..
The annual report In V. 46, p. 44S. a '.owed the following
is. 7.
asaTsiM after *U lal. and rentals. 91361. Stock. 99378.000; par. 9100.1885.
-( V. 46, p. 699.)
Orosa earnings
91,571,156
91.713,336
92,001,723
< 1. artier*.—Owns
from Mansfield. Pa., to Washington. Pa., 33 m. Set earning*
9502,531
9809,867
Bold oadcr fisjeeiosnre, and reorganUed la 1867. I easel for 99 years Interest, rentals, taxes,
718390
Ac.
97A.630
January 1. 1873, to the
Cincinnati A St. Louis: the
Balance
drf.9132,389 def. 918.095 sur. 906,247
aalsl U net .-arnlngs, Oroas *s
In 1896. 9317344; net earnings.
-(V 44. p. 90, iu. 344. 790: V. 46. p. 134. 448, 803
8111.258. In 18H7gross 9195.869; sal. 978348: surplus over B»
•Aargas aad dlvldeads (5_pe» cent). 9-."
Cental stonk. 9645300
Cheshire.—Owns from South Aabbiirnham. Mass., to Bellows
(par 850i. of which Peuo. RR. owns 9326.350. Divldaad* In 1887. 5 per Palls, Vt.. 54 nules; leased. Monadnock Railroad. Wincliendon to
•ant; April 2. 1888. 2sj per rem si.
1 peroral.
N
II
16 miles; and 10 miles Vermont A Mass; total 80
ilauooga
A Colambua.-. .wns from Chattanooga 10 miles: but the Monadnock. 16 miles, la no! Included In the Cheshire
CarroUton. 1 4o m. Covaphstrd J uly. '- 8. rni* eompaay la sOuoessor to the -arnlngs. leaving 64 mils* operated. Rental paid to Vt. A Mass. tor
Borne A arrollion RR. There are « par cent lacoaae bouds. iiun cuiuu
leased portion of road 951,000. Capital stock—common. 953,300, and
10, and stock, 93.9UU.000. of the 1 st morig ura Don Is
preferred. 92.100,000. Consolidation with Fitohhurgwss proposed In
190300 are held to retire same amount of R. A C. prior bonds. J. C.
<ig was done
In year ending Sept. SO, '87. gross receipt*
Cl.nients. Pre*..!.
I., p. -.-II..
ware 8870330; set. 8168,490; deficit afterpayment of interest and 6
'..sapraksA >a«hvllle.— Road owned from (isUatln to ScotUdividend, f ">.5i 1. In 1881-86, gross 9628,0:2; net. 9231.439;
Tl:|e. Tana. .3". miles, and branch. OallaUn to Hot. Mil.-. 1 1 miles, IB surplus over Interest, rentals and 5 per oent dividend on preferred
pmgi aaa, Oanstraetioa from ScotUville 10 near Danville, Ky.. 105 stock 929.711, against 945,410 in 1884-85 over a 3 per oent dividend.
nules, ia pnipesed. Mora. 91.06O.OuO; par, 9100.
Chesapeake A Ohio. -Own* rrou. Newport News. V»_, 10 Big Sandy
Chicago A Alton. -Line op Ro»n— Juliet to Bast St. Louis
River. W. Vs.. .Mij miles: Newport News to Phoebus. 8 ni.; total owned, (main), 244 miles; il ranches— To Coal City, 30 miles; Dwight to
rahM only 603 m. Consolidation of Virginia
ml and Washington A Leara, *o nui.-s. r...miii.>uso to fsTalalana, 88 tnUaa;
Covington A Ohio, and opened through March 1. 1879. The present I' ppcr Alton line, 8 miles. Total owned. 400 mllos. Leased—Chicago
company was organised la July. 1878. as suceaasiir of the Chesapeake to Jollet. 37 miles; Kloomlngton to Godfrey. 150 miles; Louisiana
A Otto, which was sold under foreclosure April 2. 187H. In June, '86,
-.. 101 miles; Kansas City to Mexico. 162 miles.
Total
tela road was leased to the "ewp.
AMls*. Valley lleased. 4.50 miles. Total operated, Dec. 31. 1887. 849 miles.
The stacks Including scrip 01
ig ware aahsiantiaiiy as folOaoAXiZATtos, LasMa, Stocks asd Bono*.—Chartered as the Ohio.
^83u4UatsV. pre
aaa nrat, 94395,00 seoouu. A Miss,, Peb. 37, 1847: reorganised under act of Jan. 21, 1857, a*
Paner bonds took Interest In Chic. Alton St. A I»ula, and under act of Feb. 1.1. 1861, the present
"all Interest not paid In cash
"iccccdri to the property, which was sold under foreto t- pan la 2d pref stock." T
• of first iiiortrase. "II" bonds
.-l.isure In the following year and transferred to new organisation In
mail
poas are la default the series (October, 1862. Fiscal year and* December 31.
The annual meeting
"A- bond*, secured uader the s
rage, have no legal preference U bald the first Monday la April.
of th* terms of all mortgages
The Jollet A Chicago Is leased from January 1, 1H.II. fur the
inthecimosiria. v. 4.V p
term of Its charter, and forms part of the main line. Rental, 7 p. c
Piom May. '85. the company
sh a part of the coupons on on stock. The Louisiana A Missouri River RR. Is leased for 1 ,000 years.
«•»- bonds
nothing on nnassenie.1 " II" Rental, 35 p. c. or gross earnings, but Interest guaranteed on second
botsas la Angus:
Issued a circular iiinder wnlcli
iN>mla and 9329,100 pref. stock; the other pref. stock Is 91,010,many bold.
inlerrstio I per cent. .V.'., An, 000 and common 92.27
.1 In
1837, 9200.716: surplus almra
Oo
c. Wlckh
aawsaawdi, the VI. e-Presldent, cliargee. 950.733, applied to floating debt; floating debt unpaid Jan. 1,
a suit by Mr. Huntington,
1888, 877,619. (Bee V. 46. p. 320.1 The Kan. City St. Louis A Chin. Is
"
(an A Oo. Issued a new plan
to the Chicago A Alton ooinpany In perpetuity from Novemtor toe
:
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SEPTEMBER,
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:
1
RAILROAD STOCKS AND BONDS.
1888.]
31
subscriber* will confer a treat ravor by giving: Immediate notice of any error discovered In these Tables.
Bond*— Prino'INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles
8lxe, or
l>.ltc
Of
For explanation or column beading*, Ac, see note* of
Road. Baami
on first page of tables.
CAtoa^attMW Cos*./- Pf.««.K.C.8t.LA<\, guar.
aTtanmrppI Wt. Bridge »fk (7 p. c. guar, by O.itiU
Ml**. Kit. B'g*. 1st M.,msuniea, g. j.f. drn at 100
818
Ohieaoo d Allaniie—Ul niort.. gold. * or a
249
mortgage (tor $3,000,000).
365
IrxrfiH,
_ linpton at .VorfArm.—Stock
at;-.
1st M. red. at 105 after Apl. 1.'96 i#.:\000p. m.ie*
365
2dM. ($10,000 p. m.), red. after Jaael, ls98...
e
Tea-year debentures
Equip, b'da. red. at 10.'; after V3 10 p.o dr. yearly.
1*988
(Mis-opo Burlington *• Viinrg-Stock
1~77
lssl
INI
am
Consolidated mortgage (for $30,000,000) ...
Trust mort. lows. dr. st 100*105 <«.f. 1 4 p.e.).cAr
Bonds Denver exten,, d awn at 1 no (s. f. i p. c. )c*
Bond* tor Bar AS W.. drawn at 100 (s f. lp. e.).e*
Debenture bond* for Han. A St. Jo. stock
e*
Worth Cross K K. 3d M (now 1st), g. ji.f.,»50,000
c*
Trust mortgage (Burlington to Peoria)
Plain bond*
—
189
l
100
1888
l 980
96
1864
33
ls7",
l
1.000
l.ooo
l.ooo
1-7J
t. 0004c
45
1988
500 Ac.
1-T.l
1.000
m..e*
4*
5004c.
c*
40
z-"
46
1879
1870
1878
1878
1863
).C
fund b'da. not dr-u (St.
QulneT Alton A St. L. (leased). 1st mortgage .. c*
Burl.4Xo.Rlv.. 1st mort. (cum. a. f.. not dr'n> c
do 1st M. eon v. bonds. (5 th A 6th series) c*
Bun a Mo KR. In Xeb.eons.Ml.gr j f dr-n st 100
C
Omaha 4 8. W.. 1st M.. guar
Bart. A Mo. RB.tn Neb., a f. for AC A
c*
BlhrMka Railway cooaoL mort.. guar
.
.
.
m
40
624
49
•-;:..
133
l.ooo
l.OBj
1.000
-7<>
800 Ac.
1878
1871
isso
1*77
l.ooo
1.000
1.000
877. at a rental of 35 par oeat of groat earning*. The bond* are
bald by II h. Trust Company as security for the Chicago A Alton
bond-»u*d to build tula road, and a staking fund of
$60,000 par annual provided for Utetr redemption. Should the 35 per
oral ba more than sufficient to pay bond Interest and 7 per cent oa
Ike stock, the excess Is logo to the leasees. Common stork. $271,700,
- own-d by C. A A. The Mississippi River Bridge la leased to per
" at
it a irental co,ual to 7 per cent on $300.
Detail/ from December 3. 1877.
i.OOO bonds,
000 stock and 6 par <
The Cl.lc. A Alton
stock has prior right to a non-cumulative
sirWlend MM
7 per ct. from net earning*, and (after payment
Prime of
•f?ou
ares with common In any surplus.
steek have been as follows: Preferred la 1881, 14001*3; In
180* 46: tn 1883. 110*1 ••>. In ls-4. lusivj; Hi 1888, 147$
1886, 150*102; la 1887. 155*161; In 1888 to 8apr
• 165 Coounoa in 1881. 117*156; In 1882, 1274*1434
«l:t7>4. Hi 1hm4.118$I40<«: In I9, 138*146;
tn 1888 to Sept. 21. Inclusive, 132*1404
Dividend* ware as follow* prior to the current year : In 1877, both
*tocx*.7i*: mi-"
>. pr. f. rr*d 7, common 6 ;
In 1880,
com 61*. In 1881 hothS: in 1882 both 8; In 1883 both 8; la
1884. both 10; la 1889, 1886 and 1887, 8.
OnULATioin a*D Fix a seas. -The Chicago A Alton road ha* bean par*
i
i
i
1
:
:
it
was
local junta *** between Chicago and
fcpea deal oa through business, which I*
lane
Ueulartr atmng la having a
Bt Lotus, so that
lea*
don*
at competitive ratea. It* leased lines arc as completely controlled
If owned, and the ay .tern l» compact.
Operat Ions, earnings. Ac., have been a* follow* for four yean past.
Phwal year ends Dee. 81. Annual report for 18*7 wa* la V. 46, p. 288.
a*
racovB Aooonrr.
1888
KftipU—
f
8,709.274
N
op. axp. to
..i
Wet earning-
lx«7
1888.
8
Oioasearntag*
7,893.16)
07-70
3 3h 1,322
Other
-
8
ea*e*M
>.'..ii.:i-
.
87*70
BarM
:i.ioi..;-i
8.871.183
889,1 :t
IMS*
3.851.102
R.
HeUfSd
S.t 53.167
704.473
:i-)7oj
888 :u>-
3,«9J^38
7M.I..I-
701.777
25.
836.3.1
8
P.iton
Dividend.
AOo.
Aug.
1,
7
4A5
4
4
5
|'»
4
8
8
8
8
8
1
.
l
8
6
inn)
8
3.347.000
4
:i,-..,nn>
7
1
A
Boston. Co.'s Office.
O.
Iowa and Neb.
I1L. to Burlington. Iowa, 204 n
miles, and from PaeUe Junetk
distance from Chicago to
line* In
1888
'.
.
7
'7
•
1
1
84aooo
Tlie
111..
Oct.
1,
1898
main
line extends from Chic,
no* to Pacific Junction, 276
.
577
nitlea. making
the
mile*. From Pacific Junction
to Council Bluffs Is
I- 18 miles
in
(track used Jointly with K. C. St, Jo.
O.
B>. making the C. B.
Q. line, Chicago to Council Bluffs, 498 miles.
The Exten*. to Denver was opened May, 1882. Beside* numerous local
roala (he company also ha* Its line In Illinois to East St. Louis, and to
o.iincy. connecting with the Hannibal
8L Joseph road (purchased by
C. B 4 Q. in 1883) serosa Missouri to St. Joseph. The mileage reported
at the close of 1887 wa* 1.693. of which 122 mile* were leased or operated wltu other companies.
In addition to this the company control* and largely owns the St. Louis Keokuk
N. W. road. 1814 mile*
the Kansas City St. Joseph
Council Bluffs, 313 miles ; the Chicago
Burlington
Kanaa* city. 153 miles: the St. Joseph
MolnesTSo
aed a half interest with Wabash In lbs Hnmeston Shenandoah.
111 miles. The allied road to 8t- Paul la the Chic. Bur. A Northern. In
September. 1887, the Denver Utah
Pacific (narrow gauge). 43 miles.
Denver to Lyon*. OoL,
purchased.
A
A
A
A
A
A
A Dm
A
A
wm
wm
Oboahixatio*, Ac.— The C. B. A Q.
a consolidation in 1856 of the
Chta. A Aurora and the Coat, Military Truck railroad*, and purchased
In I860 the Northern Cross KK.sn.1 In 1862 the Peoria A Ouuawka road.
The present company
a consolidation In January. 1875, of the
Ctuee.ii Burlington A Qulncy In Illinois and the Burlington A Missouri
River In low*.
In 1880 the Burlington A Missouri in Nebraska
absorbed The leased Horn are practically owned and there
I* no charge for rental* In the lnoome account, except
interest on
bond*. The ownership In the other roads above-mentioned la In the
stocks and bonds thereof, ami their account* are kept separate. In
August, 1885, the agreement wa« made with the Cnic 11 ir. A No.
for he line to St Paul, ami the Chlo. B. A q. owna $3,000,000 of the
•took of that oompiay; see circular in V. 41, p. 160. The fiscal year
end* Dec. 31. Annual election In AprlL
STOCK* a*d Bono* —The stock has been rapidly Increased for the
acquisition of new line*, and In 1880 a distribution of 20 per cent In
•took
made. Dividend* have been
In 1877. 9 per cent
lu
-Mi>. im oash and 20 •took; in lx«l. In
•4: in 1879.8; in
1*H3. In 18-U. In ism,, in ih- ,,., ,\ is, 7. x paid The price* cf
<toek have been Inl--: 133>**1824; lu 1882, ijo>**141; In 1883,
wm
wm
m
wm
:
:
I
.
115>k*1294
107*)I27»»;
1284*141-.
.*l.'i8: In
1.I07.H41
Total disbursement* . 3.621,-72
3.428,086 3,301,632 3.699.399
Balance, surplus
232.730
390.706
241,023
-« V 44. p. 975. 807, 327
V. 45, p. SO. 901 ; V. 46, p. 254. 272, 988,
820 tU A Mo. Rlv ; V. 47. p. 140.
:
i
*
I
In
18s.',.
1881 to Sept
UM«*138i*:
J
I
.
In
I, lo;i
In
« *130>4
A i». on many of lu nraudi
wuuii uoes
lines gave a iranic
Iralu iruarantoe 01
or
40 to 50 per mat, which wm naed
Used In
in purchasing their bonds. Th*
Kanam City St. Joseph A Council1 Bluff* and Branches wm purchased
(254 mil**), and the Chic. Burt. A Q.
„ stock lamed therefor at $135 per
•bare, taking the St. Jo. stock at $7250 per ahare. Enough of the O.'B.
conanUdated
mortgage
A 14.
I* reserved to lake up prior debt*. The
bond* of 1876 are secured by tnortgage bond* of like amount on St.
Ural* Rock Island A Chicago road depoalted with trustees. The collateral
The
188
.
pal.When Due.
Block*— Last
:
1,61
Mlsrsll.neoua
John
N. V..
i
Total.
by
A J. Chic Treasurer's Office July. 1888
A O. X. Y., John PatonA Co. Oct. 1, 1912
AN. Last paid Muy 1, 1884 Nov. 1, 1920
A A.
Aug. 1,1923
an* paid.
"..
A O. N. Y..F.L.4 T.Co.A Boat. April 1, 1926
A D.
do
do
June 1, 1918
A D. X Y ,F.L AT Co .ABost. Dee. 1, s;»6
A A.
Feb. 1. 1903
— M. Boston, Chic. A N. T. Sept 15, 1888
A J. N.Y.,Bk. of Com. ABost. July 1, 1808
A O.
do
do
Oct. 1, 1919
A A.
do
do
Feb. 1, 1922
A 8.
do
do
Seat. l. 1921
A N.
do
do
May 1, 1913
A J. Frankfort, Q rmany. July 1, 1890
A O. N.Y Bk. of Com. ABost. Oct. 1, 800
A J.
do
do
Jan. 1, 1-1)6
A D. Boston. Co.'s office
June 1, 1898
N. Y.. Bk. of Coin. A Bos May 1. 1997
ilo
A J.
do
July 1. 1888
A J. H.Y. P.UA T.C0.A Bost July 1, I'lOO
A O. Boston, Co 's Office. Oct. 1, -.10
A J. N.Y..F.L.AT.Co.ABott, July 1, 1890
A O. N. Y. Bk.of Com. A Bost. <>.-t. l. 1901
A A X.Y.,F.L.AT.Co.ABost. Feb. 1. B98
A O.
a
do
Oct. 1. 1893
A J. Boston. Co '« Office.
1888 * 1894
A J. Boston, Bk. of Com'rce. July 1, 1918
A D. Boston. Co.'* Office.
June 1, 898
A J. Boston, Bk. of Com'roe Jan. 1, l:H0
8
7
2.316.000
work of
—F.
Og.
5""
653.000
547.500
378,000
18330,000
645.500
1.076.000
890.500
.;..:>.
'.
•
6.500,000
2,500.000
9,000,000
9.000,000
900,000
2,250.000
940.000
76.392 .505
13.9S6.0O0
12.094.000
7.968.000
4.300.000
9,000.157
4.170,550
217.500
12.787.000
,
6
7-.-o.ihx)
V) Ac
Vn) Ac,
When Where Payable, and
Whom.
Payable
14
34
3i:.oo<i
70
LR.I.4CJI. rollat
ft
.M>.-..(XM)
1,000
1,000
l.ooo
l.ooo
l.ooo
1881
C
p.
81.780,000
300,000
l.iXh)
1S73
1878
c
Ottawa Oswego A Fox River. 1st M
fUtnoU Grand Trunk. 1st mort.. $3.>,0O0
Qulncr A Warsaw. 1st mort
$100
100
Ba
Rate per
1,000
1.000
1.000
1.00)
1,000
18W
Amount
Cent.
100
$00 AM,
1888
1888
1888
71K)
Sink f.L bonds (for Albla Knox v. A D. M. roadl.o*
rsska ext.. $20,000 p. m.(s. f. not drawni.c'ar
Dixon Peoria * Hannibal. Hi M
Par
Value.
C. B.
truat Xabrmkae (tension bond* of '87 (New Eng"d Tr.Co .ofMau .trusare laawsd at $90,000 per mile for ataxic track and OlO.OiX) per mUe
additional for second tra <k. Swanatraot of
>rtg. lu V. 48, p. 411.
Sana total of all ainklog funds Dae. 31. 1887. etcludlug holding* of
tee,)
m
Chicago
Atlantic- (>p*ned May 14. 1888, from Mario*. O., on
Itaeof X Y. Pa At), to Hammond. lad.. 240 mile*, and theao* over bond* canoe ed,
$10301,491; canceled bonds In sinking fund*
the Chicago A West, lad to Cblra<o. 19 mile*. Built as a connecting line coat 82.632,714.
for V. Y. P. A O. and M. Y. L. E.
and both the— coaapaate* gnaranMany
of th* bonds are redeemable (may be drawn) before maturity at
I* • d toe arm* earing* oa ba rtnesa over their road* to and from the
various price*, plus accrued interest, a* above staled In the lable
Th*
Chi*. A Atlantic, a* security to* Interest oa the bonds. Stock, vio.uoo.- Brtr. A Mo. In Nebraska 6a. duo
1918, are redeemable at 100, but this
00*. *f which $9 .000.000 was deposited with H. J. Jewett (than President for the "exempt" bond* apyllea only after 1908.
•f V. Y. I- E. A W.). In trust to hold snd vote on It. on Nov. 1.1-84. the
1.a*i>Uka«i-.— In Iowa only 0V50O acres remain unsold, ami the contatarest dae oa 1st mart, bond*
defaulted. The 2d mortgage i»uid« tra.- u. Ac,, outstanding Deo, 31, "8 7. were for $3
12.600, principal and Int.
wer* largely pledged tor » Y. Lak* E. A W. loans, pertly to Grant A In Nebraska
the net sale* for the year 1887 were .1.3.1? acres, for $29,Wand. In Feb.. 1 new. ault wa* brought by the Farmers' L. A T. Co. to 404. Contract*,
principal and Int. on hand, $1,618,447: unsold lands,
foreclose the Brat mnrtgaae. As outline of proposed plan and arrange.
77.JO0 acres, estimated at $1 per acre, *3 10.6 JO.
meat with Erie
la Cbboxicls of war. h 19, 1887TV. 44, p. 3.J9. by
a»d PiBAHoa*.—The Chicago Burlington A tjulnoy Railwbleh srraagemt *»s*w|ss<i* of bond* will be $12,000,000. b**nng 4 p
cent for 5 year*.
per ent lersaffe. goid. guaranteed by X. Y. iTe. A road am been one of the most profitable In the country, as lu numerous
1. ranches tributary to the main
Hue were built Into oholoe agricultural
«... and $100,000 only of sto, k to b* held by that company: there wtU
alsob**l0.0oo.0O0ot ftprromtaoacuanaUUrcin om.> bonds, lathe territory, where they enjoyed a monopoly of the local business at f uli
rate*.
dins Jan* 30. 1887. gross **»*,«* w*r* 8l.992.r» 1
From Jan. 1 to July 31 In 1888(7 iiits.i gross earn'* were 811.839,466,
tax** $511,697; dwfteit under rental, and all Interest.
glfhj il
against $13,443,908 In 1887: net. $1,610,737. against $6,965,453.
$-1 .238 (V. 44.
13. 369: V. 40p. 537. 049.)
Th* annual report for 1387 was published in the Cukoxiclb, V. 46,
ago Burlington 4k Northern.—Own* from Oregon. III., p. 478i. Comparative •tatlsUc* for four years are
follows
to8t. Paul, Minn ,318 m.. and trsek rrorn Fulton toSavaaaa. 111., A
lssl
1HSV
1887.
888 miles. The road wa« ejtnpletsd Aug., I88'i. under Chicago B A u. Mlleaow'dendiem'd
8,888
leJ34
'
i
11 *• "** *l»""'hr *f August 1. 1888 (m CnaoBioLB. V. 41. p.
Mile* oper'd jointly.
98
11
A (J. and < hi.. A Iowa give a tram* guarantee for
3. fir
:i,U4«Total operated..
twenty y**'* of oae-baXf of th-lr net earning* derived from budness to
Mm C A X.. to be not less tliso 8100,000 per year, for the
TiacAL amnLTS.
i of C. It A SI. bonds at 100: and altar 1806 the bonds may at
1880.
1885.
1887.
'- fWlred si 105. Th* 2 1 mort. was iaa
fund ii.... fl.t. tins:
Oaraiapf—
8
8
'
d-bt aad 92.2AO.0UO
j
r
d*bentu-ea. See
tsaeoger
....
6.629.859
lar.Caaowi
n J
1-..-.1
Freight
18.675,639
gr-asraraa were *87<>09. **raln.t $1.42
Hail, expri
1,704.1*4
|u9
-aearataf*'
rental and Inter..!. aotHjiJlTotal grot* earnlng« 35.483.613 26^56.125 26.728.408 27^76.078
08.334. 316. 61
130; T. 46, p. 227, !
1 iper. asp. A taxes
14.090.715 ll.t05.7US 1 I.IOI.i'.s ) !.
wm
4W.
wm
.
wm
ad
1
;
m
'
1
^V
-
I
i
»<*
—
,
.
mi.
wm
m
ammK
>
.
Q
mgloa *
$88
,,f
the most com;
l«
44a1ney.-r.tvR 0* ROAD
r
bWwM
«)
stems
In
th* 6.
8
Th
It hivs
Net earnings
a n.
t
P.C. of op.ex. t* earn
18,15'
.^^
J
.
..
:
INVESTORS' SUPPLEMENT.
32
[Vol.
XLVIL
Subscriber* will confer a great flavor by giving Immediate notice of any error discovered In these Tables.
Bonds— Prlnol
INTEREST OR DIVIDENDS.
DESCRIPTION.
pal, When Due.
Miles Date Size, or
per
When
Stocks— Last
Payable,
and
by
Par
Rate
Where
of
of
notes
headings,
Ac,
see
of
ooluinn
explanation
Par
Cent.
Payable
Whom.
Dividend.
Road. Bonds Value.
on first page of tables.
Chicago Burlington it Quincif— (Continued)—
Repub. Valley RR. (drawn at 100) s. f., #14,000.0
0*
Atchison A Nebraska. 1st mortgage
Lincoln ANo'w'nRR. bonds.s. f. lp.o.. not drawn.
C
Kansas Citv St. Jo. AC. Bl., mortgage
c*
1st Ms. on Nod. andTark Val. RRs. (dr. at 100).
Humeston A Shetland. RR 1st M.,920,000 p. m..
Chicago* Canada Southern—1st M.,gold. s. f
Chic. * East. III.—Stock ($3,000,000 is 6% pref .) . .
1st M.. is. f. $20,000 after '85, no drawings). ..0*
o*
Consol. niort., gold (for $6,000,000) s. f
Collateral trust bonds, Kinking fund
o*
K. 111. Extension. 1st mortgage
C.
oAr
General consol. mortgage
0*
Dan. AGrai>e Creek RR.— 1st mortgage
f
guar.,
o*
Ind.
State
Line
bouds,
s.
Strawn
C
A
A
Chicago dOr.
Trunk— lstM., $ A £ ($556,000 res'd)
2d mort
Northwest. Grand Trunk, 1st mort
o*
Chic.it at. Western— 1st mort.. gold, int; guar
c"
2d mort., for $4,000,000, gold. int. guar
Coal—
Stock
is
pf.)....
it
Indiana
Chic,
($1,465,200
e*
1st mort. ($25,000 per mile)
Paul—Com. stock
Chicago Milwaukee
St.
Preferred st'ok (7 p.o. y'rly, not cumulative)
Consol. M. (for $35,000,000) conv. into pref. sfk.c*
1st M. ^Lacrosse Div.), convert, into pref. et'k.e*
<i
A
A
—
let mort. (la.
M.)
1st mortgage (Minnesota Central)
Dakota), conv. into pref. stock. c*
1st M. (Iowa
1st M.,I.AD.Ext.($15,000 p.m.lconv. intopf.nfkc*
c*
1st M. (Prairie du Chien)
2d M. (Prairie du Chien), conv. Into pref. st'k c*
o*
o*
148
146
73
274
62
67
278
116
208
15
277
7
13
330
330
66
10
lOOAo.
1877
1884
1887
1881
1885.
Interest
NetB.
and exch..
AM.
l'dgr't.
Total income
Disbursements —
Rentals paid
Interest on debt
Dividends
$
$
11,392,868
566,769
1,129,591
13,089,228
12.150.6V7
126
234
195
195
1886.
$
12,236,725
592.432
615,342
985.796
846.771
13,728.885 13,698.838
5
1887
1880
1881
1880 4100 Ac
1,000
1882
1880 500 Ac.
1,000
1886
1886
6
6
I*
6
I*
5 gl%onpf.
1,000
5
2%
2%
100
100
1875
1863
1867
1864
1869
1878
1868
1808
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1837.
$
11,478,165
859,055
567,083
12,904.303
198.W8
153,215
4,587,762
4,391,004
6,111.064
6,110,722
8
8
Bate of dividends...
8
646.430
670,295
500,154
Carried to slnk'g f'd.
938,064
1,000.000
1,000.000
500.000
Carried to renew'l f d
Total disbursements 11,448,532 12,238,436 12,32 ..236 11,397,148
1,507,155
Balance.surplus
1,640.696
1,490,449
1,373.602
—(V. 44, p. 59, 90, 211, 343, 415, 432, 466. 518, 525; V. 45. p. 52, 210,
373, 441, 575. 792; V. 46, p. 133, 241. 254. 255, 478, 481, 802.)
Chicago X Canada Southern.— Owns from Grosse Isle, Mich., to
Fayette, O., 67 miles. On Nov. 1, 1879, it was transferred to the Lake
Shore A Michigan So. It has a capital stock amounting to $2,667,400
and a bonded debt of $2,541,000, with a large amount of overdue coupons. It is a part of a projected line between Chicago and Detroit
Biver, but failed in 1873. On October 23, 1886, a suit in foreclosure
was begun, and road to be sold Sept. 25, 1888. (V. 43, p. 515; V. 46, p.
139,604
4,304.284
5,566,580
§*•
100
145
187,171
4,294,^63
6,110.572
8
289. 413; V. 47, p. 200.)
Chicago 6c Eastern Illinois.—Owns from Dolton, In., to Danville, 111., ion** miles; Covington, Ind., to Coal Creek, Ind., 9 mile?;
Danville to 1 uscola. 50 miles; leases Dolton to Chicago (uses track C. A
W. I.), 17 miles; Wellington Junction to Cissna Park, 13 miles; EvausOtter
ville Terre Haute A C. RR., Terre Haute to Danville, 111., 55 miles
Creek to Brazil, Ind., 13 miles; Danville, 111., to Covington, Ind., use of
track, 13 miles; total operated, 278 miles.
The Chicago A East Illinois was chartered as Chicago Danville A
Vlncennes in 1865, and opened In 1872 and 1873. Sold under foreclosure Feb. 7, 1877, and reorganized under existing title Sept. 1, 1877.
Under the terms of leases the C. A E. HI. guarantees interest on $1,515,000 bonds of leased roads. There are also $64,060 2d mort. incomes,
due 1907, outstanding.
In April, 1 887, a sale was made of nearly the whole stook of this company at 110 to parties interested in the Chic. A Ind. Coal R'y (see V. 44,
45*-), and in p»ov., 1887, a consolidation was made with tlie several
S.ranches. In Jan.. 1888, holders of $3,0(0,000 old common stock exchanged this for $3,0uo,000 new common stock and $3,0O0,0< preferred stock. Common stuck authorized, $5,000,000. See Chronicle,
V. 46, p. 134, for complete status as given in the applications to the
Stock Exchange.
The general consolidated mortgage of 1887 (Trustee, Central Trust
Co.) provides for the retirement of $8,000,000 prior bonds and for issue
of bonds on new road at $18,000 per mile lor single track, $7,000 per
mile additional for equipment and $8,000 per mile for double track.
In the six months ending Deo. 31, 1887, gross earnings were $1,126,643; net, $481,916. H. H. Porter, prest, Chicago. (V. 44, p. 433, 458,
553; V. 45, p. 142, 304, 340. 472, 608, 642, 767; V. 46, p. 102, 133,
134, 135, 171. 172, 227, 738.)
Chicago A Grand Trunk.— Line of road from Port Huron, Mich.,
to Chicago, 330% miles also uses 4 % miles of Chicago A West. Indiana
and 4 miles Grand Trunk Junotion RR.; total operated, 339 miles. This
Is a consolidation of roads between Port Huron and Chicago formed in
April, 1880, under the control of the Grand Trunk of Canada. Stock,
$6,600,000 in $100 shares. The Grand Trunk of Canada gives a irafflc
guarantee of 30 per cent of gross earnings, and takes up the bonds for
which its 4 per cent debenture stoek is issued. Gross earnings from Jan.
1 to May 31 in 1888 (5 months) were £268,436, aga.nst £281,581
In '87; net, £65,128, agst. £70,404. In '87, gross receipts, $3,478,696;
net, $953,806; s^rp. over charges, $84,077. V. 44, p. 400; V. 45, p. 52.)
Chicago .V Great Western.— Owns a double-track road enteriug
Chicago from the west, and terminating at Polk st, east of the Chicago
River, with large terminal property. The interest on 1st mort. bonds is
guaranteed by the Wisconsin Central and its allied lines, which enter
hlcago over this road. Stock, $8,000,o00.
;
;
Chicago dc Indiana Coal.— Owns: Brazil to La Crosse, Ind., 145
miles, and branch. 6 miles. Leases La Crosse to New Buffalo. 35
miles (of Chic. A West Mich. RR.); Swaulngton, Ind., to St. Anne, 111.
(trackage— c. Ind. St. L. A Chic), 39 miles; total operated, 225 miles.
Extension to Chic A E. 111. in progress. This company acquired at
foreclosure the formor Chic. A Great Southern, and in April. 1887, parties interested in the C. A I. C. road purchased the stock of the C. A E.
111. RR. at 1 10.
Fourth dividend of 1% p. o. pad on pref. stock Sept.
Mortgage of 1886 (trustees Met. Tr. Co. and R. B. F. Pierce)
1, 1888.
is for $10,000,000 on road from Yeddo to Brazil atd
$25,000 per
mile ($< ,000 of this for equipment) for extensions; second track, $8,000
p.m. Gross earnings lor year ending June 30, 1887, $381,372; net
earnings, *174,870; Interest, $146,732 ; rental, $3,250; surplus, $24,rt0r ' Pr f,iaent
v *4 P- *58. 494, 495; V.46, p. 171,
<
227' -18-
7
7
7
7
7
7
'
-
.
St. Paul.— (See Map.)— Line of Road.—
The compi. ny operutes a gi eat consolidated system of railroads in IWnol?,
do
do
do
do
ft
*
8
7-3
ft
F.
A
A.
do
do
do
do
1919
1908
1910
1907
June
1920
Mar. 31, 1911
April 1, 1902
Sept. 1, 1888
Dec. 1, 1907
Oct 1, 1934
Feb. 1, 1912
Dec. 1, 1931
Nov. 1, 1937
May 1, 1920
Oct. 1, 1921
Jan. 1, 1900
Jan., 1922
Jan. 1, 1910
June 1, 1936
June 1, 1936
Sept. 1, 1888
Jan. 1. 1936
April 23, 1888
Oct. 22. 1888
July 1, 1905
Jan., 1893
July, 1897
1894
1899
July 1, 1908
Jan.
1,
1,
1,
1,
1,
Mar.
Jan.
Jan.
1898
1898
Wisconsin, Minnesota, Iowa and Dakota, whioh are well shown on the
accompanying map. The main through lines are from Chicago to Milwaukee, 85 miles; Milwaukee to St. Paul and Minneapolis, via La Crosse,
341 miles Milwaukee to Prairie du Chien, 194 miles; McGregor (opposite Prairie du Chien) to Chamberlain, Dak., on the Missouri River. 442
miles; Chicago, via Savanna, on the Mississippi River, to Council Buffs,
la.. 487 miles
Marlon, la. (ne ir Cedar Rapids) to Kansas City. 305
;
;
miles; Minneapolis to Aberdeen, Dak., 288mu.es. On Dec. 31, 1887,
the mileage in Illinois was 316; in Wisconsin, 1,305: in Iowa, 1,573;
in Minnesota. 1,120; in Missouri. 14>; In Dakota, 1,215.
Total miles
operated. 5.670. On Nov. 1. 1887, the line to Kansas City was opened.
Organization,
The Milw. A St. Paul RR. Co. was organized May
5, 1863, and embraced a nuiuDer of other companies, including the Milwaukee A Miss., the Prairie du Chien, the Lacrosse A Milwaukee, and
otuers. The Milwaukee A St. Paul afterward purchased the St. Paul ft
Chicago Road and others, and built the liue from Milwaukee to Chicago,
and on February 11, 1874, the company took its present name. The
fiscal year euds Dec. 31. The annual meeting is held early In June.
Stocks and Bonds. The preferred stock has a prior right over the
common stock to a dividend of not over 7 p. c. from net earnings In
each year, but if not earned it has no cumulative right. If a dividend
was earned in any year and not paid, there might be a claim on future
years for suoh dividend. After payment of 7 on pref. and 7 on com.,
both classes share pro rata. Dividends paid since 1873 have been as
follows (prior to ourrent year): In 1874. 7 on preferred paid In consol.
bonds; in 1875 no dividend; in 1876, 3% cash on preferred and 14 per
cent in bonds; in 1877, 3% on preferred: in 1878, 10% on preferred; In
1879, 2% on common and 7 on preferred; in 1880, 1881, 1882. 1883 and
1881, 7 on both; in 18S5, 4 on common and 7 on preferred in 1886 and
in 1887, 5 on com. and 7 on pref. ; in 1888, 2% on com. and 6 on pref.
The range in prices ot stocks since 1877 have been: Pref. lu 1878, 64*
84%: in 1879.7438 9102%: in 1880, 993124%: in 1881, U6%9140; lu
1882,114is®144i4; in 1883,115312214; in 1884, 95 78 9119: in 1885,
1023125; in 1886, 1163125%: in 1887. llo-a 127%; in 1888 to Sept.
21. incl.. 9->%®117. Common— In 1878. 27%«54'>8; in 1879,34383
82%; lu I880, 66%9114%; in 1881, 101%*129%: in 1882, 96%3
128%; in 1883. 91%3108%; in 884, 58%994%; in 1885, 64% 999 ;
in 1886. 82=8 999;
1887,69=8395; in 1888 to 8ep\ 21 incl., 60%378.
An abstract ot the terms ot some of the principal mortgages was published in the Chronicle, V. 45, pp. 85, 114. 1 14 and 2 12.
Of the consolidated mortgage bonds of 1875, enough were reserved to
take up the prior bonds; these bonds may bo stamped and discharged
from the sinking fund provisions. The St. Paul A Chicago, tho Chicago
A Milwaukee, the Consolidated, the Lacrosse Div., the Iowa A Dakota,
the
Iowa A Dakota Extension, the Prairie du Chien 2ds,
and the Iowa A Minn. Div. bouds are convertible into preferred
stock. The terminal bonds issued In 1884 are secured by mortgage on
the terminal property in Chicago and Milwaukee, subject to the lien
of the general mortgage on part of the track and terminals lu these
cities:
but it covers also property quite detaohe 1 which oost about
$3,000,000 acquired some time after the general mort. was mnde also
property to be acquired as needed to amount o( $3, "00,000 and
depot in Milwaukee costing $1,000,000. The Income bonds of 1886
are for an authorized Issue of $5,000,000, and are convertible Into
common stock, on notloe. 60 days after any dividend day. They
have a sinking fund of 4 per cent, beginning in 1889. aud may
be drawn at 105. After '88. if a majority of the bondholders so request,
a 2d mortgage shall be made on the line, Chloago to Kansas City,
and a first on the Mo. River bridge and terminals in Kansas City.
In addition to above bonds there are $89,000 Hastings A Dak. 7s, due
in 1902: also $275,000 5 per cent real estate mortgages due in 1890
and 1894.
Operations, Finances,
The mileage and also the stock and debt
of this company increased very rapidly in six years, the miles owned
being 2,359 on January 1, 1880, against 5,670 on January 1, 1888, and
the stock and bonded debt, in round figures, $69,000,000 on January 1,
1880, agaiust $180,500,000 January l, 1888. The rtost ooniplete. annu.-l reportissued lora nuuber of years was that for 1888, which was
given at leneth in the Chronicle V. 46, p. 414.
In Sept., 1888, the board voted to pass the dividend on common stook
and to reduce the Oct. dividend on pref. stock to 2% per cent, sinoe
lu the 6 months ending June 30, 1888, gross earnings were $10,554,089,
against $11,1 13,471 lu 188"; net only, $1,875,925, against $3,662,930.
The annual report for 1887 was in V. 46, p. 411 and 414. The statistics in detail were given in the Chronicle, as follows
Ac—
—
;
I
m
1
;
Ac—
OP ERATIONS AND FISCAL RESULTS.
:
V J7
Chicago Milwaukee A
pf.
6
1,000
1,000
1.000
l.UOOAo
1,000
1,000
INCOME ACCOUNT.
1884.
Receipts—
Net earnings
7
7g.
l%on
100
100 Ac.
1.0H0
670
670
435
370
230
49
M.
J.
J.
J.
7
1,000
1.000
A J. Boston, Bk. of Com'rce.
do
A S.
do
A J. Boston. Co.'s Office.
A J. Boston, 2d Nat. Bank.
do
A 0.
do
Boston, Co.'s Office.
A.A O.
Q.-M.
New York.
J. A D. N.Y.,4thNat.Bk.ABost.
A. A O. N. Y., Central Trust Co.
F. A A.
do
do
J. A D. New York, 4th Nat. Bk.
M A N. N. Y., Cent Trust Co.
M. A N. Boston, Globe Nat. Bk.
J. A J. N. Y.. Central Trust Co.
J. A J. New York and London.
J. A J.
do
do
A J. N.Y., E.P.Beach.B'way.
AD. N. Y., Offloe, 36 Wall St
do
do
J. AD.
New York.
— M.
N. Y.. Met. Trust Co.
J." A J.
A. A O. N. Y., Offloe 42 Wall St.
do
A. A O
do
do
do
J. A J
do
A
do
do
A
do
A
do
do
J
6
7
7
7
$1,000
100 Ac.
1879
1878
1880
1877
1880
1881
1872
1884.
4,804
Miles operated
1885.
4,921
1886.
5,298
1887.
5,669
Operations—
5,481,400 6,144,068
Passengers carried.
4,904,678
4,819,187
Passenger mileage. 225,851,443 214,550,187 234,444,700 230,444,573
2-56 ots.
2-42 cts.
254 ots.
255 ots.
Rate per pass. p. mile.
7,573,795
7,085,072
Freight (tons) moved.
6,023,016 6,482,869
Freight (tons) mil'ge. 1247737233 1337721453 1486509713 1629334501
1-29 cts.
1-09 cts.
1-28 ots.
117 ots.
Av. rate p. ton p. mile
.
Earnings—
qt
aj
at
s
5,661,690 5,849,261
5,499,737
5,766,843
16.128,964 17,101,742 17,358,294 17,742,142
Freight
1.698.11 9
1,774,721
1.811.79
4
1,575,
1
express,
19
Mall,
Ao
Total gross earn'gs" 23,470,993 24,413,273 24,718,403 25,366,124
Passenger
SXPTZMBEB,
1888. J
RAILROAD STOCKS AND BONDS.
93
.
.
:
SUPPLEMENT.
INVESTORS'
31
[Vol.
XLVn.
confer a great favor by giving Immediate uotlce of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
pal .When Due.
Miles Date Size, or
Amount
of
When Where Payable and by Stocks— Last
column headings, Ac, see notes of
V^elOu-tstandlng^r
Subscribers
»vlll
DESCRIPTION.
I
Tor explanation of
on first page of
Road. Bonds.
tables.
W
c*
M./'.-(0on<'rt>-MU.«k
St.P.AC. lstM.(Rlv.D.)$A;*<conv.tntopr.stock).o"
0*
1st M.. chic. A Mll.lconv. into pref. stock)
Okie,
tfi/.rf
130
85
185
212
119
419
0*
mort on Lac'se&Dav. Dlv
niort. on 8. W. Dlv. Western Union RR
o*
niort. on Chic* Pac. Div.,Chic.to Miss. Rlv.c*
niort. on So. Minnesota Dlv. (#9.000.000) ..o*
c*
Land grant Income bonds, drawn at 105
1st
1st
1st
1st
1st M.onHust.& Dak.uiv.extcns.($15.000p.in.)o'
395
c1st M. onCh. CI. D.
372
M., s. f., not diawn
Wisconsin
o*
161
lst mort. on
Valley
107
Prior mort.
do
o*
o*
142
1st mortgage, Mineral Point Division
1st mortgage Chic. A Lake Superior Dlv.,
o*
68
230
IstM.WIs. A. Minn. Div. ($20,000 p. in.)
1st It, g.. on Chic, A
W. Div., $20,000 p. ra..C 1,267
Chick Mo. Rlv.Dlv.,lstmortg.. (#20,000 p. m.).c» 154
Inc. bonds convert.,s.f.,4 p.o after '88 (dr.at 105)
A
.
,
1,000
1,000
1865
1871
1863
1876
1871
1872
500 &c
1,000
500 &c
500 &c
1870-1
1,000
1871
1870
100 &c
1,000
18S6.
$
B
1887.
$
2,551,327
2,430,809
8,646,132
2,641,977
2,327,875
8,675,045
759,350
156,017
2,871,902
2,342,314
9,190,936
767,026
154.516
1885.
1884.
Miscellaneous
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
2.339,635
2,574,437
8,102,668
702,060
140,829
Operating cxpensct-
Taxes
500
100
100
.
Maint'iK'c of way*...
Maint'nce of equlp'tTransportation exp.t
1,000
1,000
1,000
1880
1880
1879
1880
1881
1881
1881
1886
1886
1884
1883
1885
1886
Pac
Terminal mort. .gold
c*
Fargo A Southern. 1st mortgage, gold, assumed
119
do
incomes
Dakota A Gt. South'n, 1st, gold ($18,000 per m.). 159
4.211
Qhxcago <£ Northices tern—Common stock
Preferred st'ok (7 p. e. y'rly, not cumulative)
4,211
Consol. sink. fd. M.. purchasable (nob dr.) at 105.
776
Madison extension, 1st M.,e.f.,g.($23.0OO not dr'n) 126
85
Chio. A Mil., 1st mortgage ($20,000 per mile)....
25,
Menominee River, 1st mort., guar
Menominee extension, lstM.,g.($20,000,notdr.)s.f
120t
Gen cons mort., gold, coup, or reg. ($48,000,000) 1,058
137
Winona & St. Peter, 2d mort. (now 1st) guar
175
do
1st M. exten. gld„ land gr., s. f
Iowa Midland, 1st mort., guar, by Chip. AN. W..
75
1.000
1,000
1,000
1,000
1,000
733,545
150,658
$
13,859.629 14,512.471 14,560,264 15,326.694
9,611.369
9,900.80.! 10,158,139 10,039.430
60-42
59-65
59-45
58-90
* Includes renewal of track,
t Including elevators, stock-yards, personal Injuries and damages to property, legal, insurance, rent of cars,
Tot. operating exp.
Net earnings
FT, ct .op.ex. to earns
trackage, Ac.
INCOME ACCOUNT.
1885.
1884.
Receipt*—
$
Net earnings
Other receipts
Total Income
Disbursements
—
Interest on debt
Dive, on both stocks*
Rate of dividend
1887.
1886.
$
$
9,611,369
82,307
9,900,802
105,939
10,158,139
144,654
10,039,430
272,825
9,693,676
10,006,741
10,302,793
10,312,255
5,918,608
3,321.167
7 both
6,096,573
2,391,039
6.241,093
3,053,076
6,456,637
3,257,523
7&4
7&5
7&5
Tot. disbursem'nts
9,294,169
9,239.775
8,490,612
9,714,160
Balance for year....
598,095
453,901
1,516,129
1,008,624
•These are the actual dividends paid In the year, without regard to the
time when they were earned.
GENERAL BALANCE AT CLOSE OF EACH FISCAL TEAR.
1885.
1886.
1887.
1884.
J
£
<B
MJtffjf,—
$
$
Railroad,equipm't&cl49,426,734 154,228,775 165,898,616 177,374,430
754,792
2.9J9.148
1,228,283
877,486
3,365,000
768.782
1,146,059
1,452,309
1,140,909
1.483,365
1,543,217
2,048,985
2.927,171
Cashonhand
2,971,133
4,262,378
4,682.434
2,716,319
111. A Iowa coal lands
680,475
617,026
583,526
546,651
St'ks A b'ds own. .cost
Co's bonds in treas..
Bills&acc'ts rec'able
Materials, fuel,&o...
Total assets
156,936,049 162,858,497 174,859,829 190,979,031
Liabilities—
$
$
$
$
Stock, common
30.904,261 30,904,261 30,904,261 39,680,361
Stock, preferred
16,540,983 21,540,900 21,555,900 21,596,900
Funded debt
100,251,000 101,470,000 111,658,000 119,236,000
Allotherdues&acc'ts 2,093.163
164,958
431.825
3,494,9i0
Unpaid pay-rolls, *c. 1,610.661
1,729,269
2,249.109
2,896.432
Income account
5,532,981
7,049,109
8,057,734
4,074,998
7
$215,000
500&C
1880-6
RR
Whom.
Pay'ble
$1,000
1861
1872
1873
1879
1879
1880
1880
1880
3,804,500
2,393.000
2,500,000
4,000,000
3,000,000
7,432.000
1,236,000
6,670,000
6.565,000
2.466,000
1,106,500
2,840,000
1,360,000
4,755,000
25,340.000
3,088,000
2,000,000
4,773,000
|*
5
6
J.
J.
J.
6
6
J.
J.
J.
J.
J.
7
7
J.
J.
J.
&5
6
6
7
5
5
g
'
i
5
J.
J.
J.
J.
J.
J.
J.
J.
l,25il,0O0
200.000
2,356.000
31,367,4E0
22,323,170
12,746,000
2.977,500
1.700,000
560,000
2,549,500
12,343,000
1,592,000
4,079,500
1.350,000
!*
J.
5g.
J.
J.
3
A.
1%
Q.-M.
Q.— F.
7
f*
7
? g
A J.
A J.
* J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
& J.
A J.
A J
A J
A O.
A J.
A D.
-
?*
A
A
A
A
A
M. A
J. A
A. &
A.
O.
J.
J.
J.
J.
D.
D.
J.
J.
N,
D.
O.
Dividend.
1891
N. Y., Office. 42 Wall.
London and New York. Jan., 1902
N. Y., Office, 42 Wall. Jan. 1. 1903
July 1, 1919
do
do
1909
1910
1910
1, 1890
Jan. 1, 1910
July 1, 1920
July 1, 1920
Jan. 1, 1909
Boston.
». Y., Office, 42 Wall. July 1, 1910
July 1, 1921
do
do
Julr 1, 1921
do
do
Jan. 1. 1921
do
do
July 1, 1926
do
do
July 1, 1916
do
do
July 1, 1914
do
do
do
Jan. 1, 1924
do
1895
do
do
Jan. 1, 1916
do
do
Wall
June
N.Y.Co.'s Office, 52
27, 1888
do
Sept. 24, 1888
do
Feb. 1, 1915
do
do
April 1, 1911
do
do
July 1, 1898
do
do
July 1, 1906
do
do
June 1, 1911
do
do
Deo. 1, 1903
do
do
Nov. 1, 1907
do
do
Deo. 1, 1916
do
do
Oct. 1, 1900
do
do
do
do
do
do
do
do
do
July
Jan.
Jan.
Jan.
do
do
do
do
do
do
do
1,
1,
1,
on pref. and 5 on com.; In '79, 7 on pref. and 5 on com.; In '80, 7 on pref.
and 6 on com.; in '81, 7 on pref. and 6 on com.; to '82, 7H on pref. and 7
on com.; in '83 and "84, 7 on com. and 8 on pref.; in '85, 6>a on com. and
7"s on pref.; in '86 and in '87, 6 on com. and 7 on pref.
Prices of stock since 1877 have been as follows: Common in 1878,
32ia<*55 14; in 1879, 49»sa94ia;inl880. 87!sal30; in 1881, 1173136s
In 1882, 124815031: to 1883. llSVjallOis: in 1884. 81*33124; in 1885,
84383ll53i; in 1886,10414312058; in 1887, 1041*312758; in 1888 to
8ept. 21 inclusive, 102593116. Pref. to 1878, 5934 3>79ia lnl879,76 T»
3108: to 1880. 10431461a; to 1881, 131i«3147i3: in 1882, 1363175;
in 1383, 1343157; to 1884. 11731491a; to 1885, 119%3l39Tg; in 1886,
1353144; in 1887, 13831451a; la 1888, to Sept. 21, taolusive, 1383
;
,
145is.
The sinking fund bonds of 1879 are secured by a deposit of mort.
bonds, on the new roads acquired at the rate of $15,000 per mile, and the
terms under which these are issued were published to V. 29, p. 277.
There are several small issues of bonds in addition to those in the table
above, viz.: Minnesota Valley RR., $150,000. 7s (A. A O.), due Oct. 1,
1908 Plainview, $100,000, 7s (M. & 8.), due Sept. 1, 1903 : Peninsula
Railroad (Mich.). $152,000, 7s (M. A S.i, due Sept 1. 1898; Chic. Iowa
A Nebraska, $129,000, 1st mort. 7s (P. A A.), due Aug. 15,1892; also
$1,261,000 live bonds in the sinking funds, May 31, 1888.
The $10,000,000 debenture bonds were issued to pay for the Chicago
St. Paul Minneapolis A Omaha stock the sinking fund for these bonds
is $-200,000 per year from May, 1888, if they can be redeemed at 105.
In June, 1 881. $6,000,000 5 per cent debenture bonds were authorized,
and any future mortgage on the property of the company owned at date
of these bonds, shall include tht-iii.
The C. A N. W. exten. bonds of 1 880 are direct bonds of the C. A N.
W. Company, secured by the deposit in trust of the 1st niort. bonds of
roads constructed or acquired, at the rate of $20,000 per mile. The
mortgage is tor $20,000,000, and the Union Trust Co. of N. Y. is trustee.
Land Grant. The lands of the company have been acquired by the
purchase of the Winona A St. Peter and other roads that have been
consolidated. The Commissioners' report for 1887-83 showed that the
total consideration for the lands and lots so'd In that year amounted to
$532,6H4. Net cash receipts were $491,613. The statement of amounts
secured to be paid to the ooinpany by outstanding contracts of sale In
force at the end of the fiscal year showed a total of $1,214,886.
;
;
—
TABLE OF LANDS UNSOLD FOR YEARS ENDING MAT
Name of
grant.
Minnesota
Michigan
Wisconsin
1885.
626,811
443,296
303,165
31.
1886.
1887.
1888.
571,362
420,423
299,041
373,819
379,299
297,708
354.662
347,535
293,441
995,638
Total
1,373,272
1,293,831
1,050,826
Operations, Finances, <fec—The Chicago A Northwestern Railway
has pursued the policy of extending rapidly its lines In the far West.
The stock had not been much Increased until the issue of new stock
for stocks of proprietary roads, and a large nominal surplus had been
up, amounting to about $32,000,000 in .May, 1886, of winch over
Total liabilities.. 156,936,049 162.858,497 174,859,829 190,979,631 rolled
$21,000.00 J was charged off in 1887. (See explanation V. 45, p 160.)
— (V. 44, p. 22,117,149, 260, 275, 343, 392. 399,526, 681,712, 751; V- Fiscal year ends May 31. Report for 1887-8 was in the Chronicle, V.
45, p. 85, 114,144.210,212,312,400,472,592,613; V. 46. p. 227.255, 47, p. 163 (see also article In V. 46, p. 719), showing the following for
371, 401, 411,414, 418, 481, 537 V. 47, p. 271, 285, 326, 353.)
the C. A N. W. proper
KOAD AND EQUIPSIBNT.
Chicago A Northwestern.— (See Map.)— Line of Road— The Chic.
A Northw. operates 4,211 miles of its own roads and controls 1,399 miles
1887-88.
1886-87.
1834-85.
1885-86.
of the Chic. St. P. Minn. & Om., 941 miles of Fremont Elk. A Mo. Val.: Tot. miles oper'd
4,211
3,948
4,101
3,843
106 of Wyo. Cent ,andl07 of Sioux City A Pac.; total controlled,6,764m.
766
672
698
735
The mileage is extensive, and is shown .clearly in the accompanying Locomotives
507
509
481
435
Passeng.ifcc.cars
map. The main line from Chicago to East Omaha, Iowa, is 492 miles,
23,881
22,091
20,103
20,513
and this forms prootlcaUy the southern boundary of the whole system. Freight cars....
581
553
546
470
On May 31, 1888, the Chic. A Northw. mileage was made up in the annual All other cars..
OPERATIONS AND FISCAL RESULTS.
report as follows: Wisconsin Division, 549 miles; Galena Division, 400
miles; Iowa Division, 618 miles: No. Iowa Division, 546 miles; Madison
1887-88.
1885-86.
1886-87.
1884-85.
Operations—
Division, 509 miles Peninsula Division, -416 miles Winona A St. Peter Pass'gers carr'd.
9,140,195
9,709,934 10,737,120
8,403,884
Division, 448 miles Dakota Division, 724 miles total, 4,211 miles. In Pass'ger mileage 231,090,788 239,150,020 254,709,295 272,745,019
;
;
:
;
;
July, 1884, the Blair roads, previously leased.were aoquired by purchase,
but the Sioux City A Pacitlo and Fremont Elkhorn& Missouri Valley (including Wyoming Central) arc operated separately (1, 154 miles) and their
earnings not included in those of C. A N.W.. but separately stated in the
annual reports in the Chronicle on p. 178 of V. 45, andp.169 of V 47 >
Oroanization,
The Chioago St Paul A Foud-du-Lao Railroad
which was a consolidation of several roads, was sold in foreclosure
Juno 2, 1859, and the Chicago A Northwestern Railway was organized
as It* successor. The company has since absorbed by consolidation a
large number of other roads, including those whioh were operated as
" proprietary roads."
ID
ceml, ^ • *,882, a controlling interest was acquired In the stock of
.v.
the
Chic. St. ?.
Paul Minneapolis & Omaha Co. by the purchase of 53 800
•hares of preferred and 93,200 shares of com. stock.
18g4
tn ! ! leaac 1 lines In Iowa (Blair roads) were acquired
_ ,v . y
1 '"1
?" 8ta ted in H>o Supilkmknt of June, 1885, aud prior issues.
.i
y, r ''"' ls Ma 31 The annual meeting is held early in .Inn.-.
'S
BoM>s.-Of/ the common stock, $10,007,476 was held In
ti.« \
,
8 ,
aeu yon Ma>' 31 1888. making the whole common
«?,?,v
<2i
'i'"!-.
a ,L'.'
,!;
SUHK $41. J. 4.86b.
Preferred
stock has prior right to 7 per cent;
U
ent;
3' per cent: then common 3
,l >r ^«"ed
tnZ
.Th
?.VjJT?
then both classes share. ffiS
Dividends since 1875 (prior to the current
year) have been In 1876, 2H> on preferred; in '77,
si on pref to '78. 7
Ac—
^?
'
™
si.™™
2-30 ots.
2'29 cts.
2-36 cts.
2'38 cts.
R'te p. pass. p.m.
10,912,315
8,494,239
9,737,312
8,235,127
Fr'ght(tns) inv'd
Fr'ght (tns) m'ge L416,789,205 1466,892,717 1754,593,5961939,044,102
1-02 ots.
1-15 ots.
1-19 ots.
1-24 cts.
Rate pr.ton p.m.
Earnings—
Mail, express, &o
5,646.150
17,503,244
1,130,206
Gross earn's.
23,502,056
24,279,600
—
-
-
:
;
*„
$
6,279,621
19,118,797
1,299.140
5,820,151
19,329,484
1,171,681
26,697,558
26,321,316
$
$
3.227,245
2,212,289
8,913,681
712,125
3,351,700
2.507,673
10,055,634
755,742
15,070,342
11,250,974
57-26
5708
P.c. exp. to earn.
[In year 1887-89, total gross earnings of the Sioux City .
Elk. A Mo. Val. and Wyoming Cent, (the " trans-Missour
$3,330,950; net over expenses and taxes, $106,200.]
16,670,799
10.026,759
62-44
Expenses
Maint'oe of
"
way
cars, &o
Transp. & uitscel
'
'
$
$
5,498,111
16.917,391
1,086,551
Passenger
Net earnings....
9
2,939,253
2,193,224
7,970,502
690,928
13,793,907
9,708,149
58-69
$
2,951,880
2,048,673
8,156,221
702,452
13,859,226
10,420,374
,-
Pac
Fremwere
lines "1
September,
1888.]
RAILROAD STOCKS AND BONDS.
35
1
:
.
.
INVESTORS' SUPPLEMENT.
Subscribers will confer a great IkTor by riving
tedlate notice of
In
[Vol. XLVII.
any error discovered In these Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
Amount Rate per When Where Payable, and by
Par Outstanding
of
For explanation of column headings, Ac, see notes of
Cent.
Payable
Whom.
Road. Bonds Value.
on first page of tables.
Chit.
<*
y.
1st M., g.
W— (Con.)—N. W. Union.
1st mortgage
Rochester
Chic. Mil.
"
s. f.
A No. Minnesota.
* N. W., construction bonds
ATomah, lHtmort., guar
Milwaukee A Madison. 1st mort., guar
f.bds.ost m. coi.) ($i5.ooop.m.>»6,305,ooo,6s.
f. debenture bonds (for C. St. P. M. A O. stock)
Debenture bonds of 190!) (for $6,000.000)
OAT
C.AN.W. Ex ten. bds. ($20,000 per M.)
Chicago
62
24
141
154
80
s.
8.
Ottomwa C.F.A
8t.P.,
IstM juar.($25,O0O
64
58
36
71
p.m.)
Des Moines A Minneapolis RR. 1st mort. Bonds...
Esoanaba A Lake Superior RR., 1st mort
Dakota Central RR.. 1st mort
1st M.. Southeast Dlv. (for $2,000,000)
do
North, m.. 1st M. ($20,000 p. m.) guar. C A N. W.
Other small issues (see remarks)
Cedar Rapids A Missouri River, 1st mort
do
1st mort., 2rtDiv.
do
1st mort.. 3d Div.
do
do
mortgage of 1«84.
do
do
Maple River 1st mortg
Fremont Elkhorn A Mo. VaL.Consol.bonds
8. C. A Pac. CarTr ,ass'd, $40,000 drawnyearly.c
Mo. V.A Blair RR.Br'ge, 1st. rcd'ble aft. '93
Sioux City A Pacific, 1st mortgage
do
2d mort. (Gov't subsidy)
pref. stock
do
125
75
70
58
146
311
102
102
"86
Ohio Hirer.— 1st mort. (for $500,000)....
Income bonds, conv. Into stook till May, 1891 ...
Chicago Rock Island* Pac.—St'ck (for $50,000,000) 1,528
636
1st mortgage, coup, or reg
Chlc.A Southw.. 1st M.g. (g'd In cur. by C.R.I.AP.) 271
1st M. ext.and col. ($20,000 p.m.l.red.af t. '94 ,c. Ar. 1,462
Chicago
<t
1872 $ r,0OAe
1878
1882
1830
1,000
1880
1.000
1879
1883 l.OOOAc
1884 l.OOirAO
1886 l.OOOAc
1,000
1884
1,000
1882
1,000
1881
18S2
1882
1,000
1885
$3,365,000
200,000
601.000
1,528,000
1,600,000
14,665,000
10.000,000
3,869.000
1861
1863
1866
1884
1877
1883
1883
1883
1868
1868
500 Ao.
500 Ac.
500 Ac.
500A0.
1,623,320
169.000
1886
1886
lOOAo.
218,000
618,300
46.156,000
12,500,000
5.000,000
24,960,000
1,000
1,000
5<X)Ac.
Too
1877 l.OOOAc
1869 100 Ao.
1884 l.OOOAc
1885-86.
1886-87.
Receipts-
net earnings....
Disbursements —
9,708,149
Rentals paid
Interest on debt*
Dividends
Rate on pref
28,567
5,061,534
3,981,348
8
7
58,000
Rate on comm'n
Sinking fund.
..
10,420,374
11,250,974
5,536,363
3,414,504
5,136,198
3,444,504
7
6
58,000
$9,033,867
$1,381,507
$9,132,449
Tot. dlsb'm'ts.
Balance, surplus
$575,700
* Less credit items.
7
6
1,007,000
2,000,000
1,500,000
531.000
6
700,000
582,000
2,332,000
769,000
402,500
7,725.000
319,000
1.000,000
1.628.000
"J-
viz.:
in
6
5
7
7
7
7
6
6
6
6
6
3i9
6g.
6
1>*
6
7
5
Stocks— Last
Dividend.
June
1917
1908
1905
1, 1905
Sept. 1, 1905
Oot. 1, 1929
May 1, 1933
Nov. 1, 1909
Aug. 15, 1926
Mar. 1, 1909
Feb. 1, 1907
July 1, 1901
Sept. 1, 1907
Nov. 1, 1907
Mar I. 1910
Nov.
Nov.
1.
1892-1908
Aug.
Aug.
1,
1,
1,
June 1,
July 1,
Oct. 1,
Mar. 1,
May
Jan.
Jau.
Jan.
1,
1.
1,
1891
1894
1916
1909
1897
1933
1896
1923
1898
1898
1888
1916
1916
Aug. 1, 1888
July 1, 1917
Nov. 1, 1899
July 1. 1934
Bonds.— Dividends have been paid as
1877 and 1878, 8 per cent,: in 1879.
8i« cash
1,
Sept. 1,
Oct.,
May
May
1,
1,
follows since
10;
In
1880,
and 100 p. 0. in stock In 1881, 1882, 1883, 1884, 1885, 18g6,
10,026,759 and 1887, 7. Range of prices of stock was as follows since 1876, viz.: in
1879, 82»3 al05's; in 1878, 98389122; in 1879, 1199150%: in 1880,
to July, 1493204; July to Dec. (new stock) 100i<jal43; in 1881,129
122»140i4; in 1883, 11619312714: In 1884. lOO^a
5,215,156 ®148!%; in 1882,
7
3,444.504 126%; in 1885. 105*132: in 1886, 120ie®131; In 1887. 109 #140 8;
7
6
58,000
$8,638,702
$2,612,272
5
5
4
5
1876,
1887-88-
A6
600,000
720.000
Stock and
INCOME ACCOUNT.
1884-85.
00
5
1,600,000
13,9118,'
A S. N. Y.,Co.'BOfnoe,52 Wall
A S.
do
do
A N.
do
do
A N.
do
do
A S.
do
do
A. A O.
do
do
M. A N.
do
do
M. A N.
do
do
F. A A.
do
do
M. A 8.
do
do
F. A A.
do
do
J. A J.
do
do
M. A 8.
do
do
M. A N.
do
do
M. A S.
do
do
do
do
F. A A.
do
do
F. A A.
do
do
M. A N.
do
do
J. A D.
do
do
J. A J.
do
do
A. A O.
do
do
M. A 8. Boston, Columb. Nat.Bk.
J. A J. N.Y.,Co's Office. 52 Wall
do
J. A J.
do
J. A J. U.S. TTeas., at maturity
A. A O. N.Y..Co.'sOmce,52Wall
M. A N.
Boston, Treasury.
M. A N.
Q—F. New York A Chicago.
J. A J.
N. Y., 13 William St.
M. A N.
do
do
do
J. A J.
do
M.
M.
M.
M.
M.
6
6
6
Bond*— Principal, When Due.
7
6
58,000
$8,717,660
$1,309,099
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
1885-86.
1886-87.
1887-88.
$
$
$
:
1388, to 8ept. 21 Inclusive, 100iaall4i2.
The extension and collateral trust 5 per cent bonds of 1881 (trustee
of mortgage U. S. Trust Co ) are issued at the rate of $15,000 per mile
fur single tracn, $5,000 per mile additional for equipment and $7,500
for double track. They are secured either by the direot lien of a first
mortgage or by deposit wilh the trustee of an equal amount of 1st
mortgage 6 per cent bonds of branch liues. After July 1, 1-94, they
are redeemable at 105 111 the order of their numbers, beginning with
the lowest. The difference in rate of interest of the collateral trust
bonds and the bonds deposited (1 per oent yearly), as it accumulates, is
invested in the collateral trust bjuds if purchasable below 105 otherwise it revolts to the company. The bonds deposited t« secure them
are the following: $3,000,OJO Wisoonsin Minnesota A Pacitto bonds
on road from MortO", Minn., to Watertown, Dak., 121 miles, and Red
Wing to Waterville, Minn 66 miles (the Wisconsin Minnesota A Pacitto
being oper ted by the Minu. A St Louis); $960,000 St Jo. A Iowa bonds,
on road from Altamont to Rushville, Mo., 64 miles; and $21,000,000
bonds ($2,850,000 for equipment) of the Chicago Kansas A Nebraska
RR Co .whiohin 1*88, had constructed 1,210 mile- of road, principally
in Kansas, and had under construction a line to Colorado Springs, Col.
(See abstracts of the extension ar. d collateral trust mortgage, and of
the mortgages seouring the bonds deposited in Chronicle, V. 47, p.
io
;
Assets—
A N.W.—Road A equip
Chic.
1
36'6Sa'824 } '1*4.161,050 11148,372,056
934.482
6,082,295 •10,321,015
12,282,159
12,282,160 112,467,159
Stocks owned
714,000
230,000
253,000
Land grant investments
1,9 26,28
1,757,952
1,846,520
Bills and accounts receivable
2,000.734
3,000,!)78
2,455,296
Materials, fuel, Ao
2,932.848
4,214,036
3,669,099
Cash on hand
4.239,176 _ 4,320,175
4.438.177
Trustees of sinking fund....
Total
$188,759,528 $176,048,646 $183,822,322
Other companies
do
Bonds owned
.
Liabilities—
Stock, common
$41,374,866 $41,374,866
Stock, preferred
22,325,454
22,325,454
Stocks of propriet'ry roads.Ao
1 1,230,000
1T674.183
Bonded
90,911,500
1,331,600
4,239,175
2,251.206
140,762
31,044
37,000
125,000
703,525
.
120,000
3,194,071
11,144,326
debt|j.
Divld'ds declared, not yet due
Sinking funds paid
Current bills, pay-rolls. Ac...
Uncollected coupons, Ao
Due to roads in Iowa
Bonds unsold, Ao
N ote of Consol.
Coal Co
Accrued interest not due
Miscellaneous
Land income account
Railroad income account
Total
$41,374,865
22,325,454
11668,933
97,384,500 103,433,500
1,331.600
1,331,599
4,43*. 175
4,320,175
2,721,369
2,050,770
135,506
122,880
316,814
790,955
37,000
125,000
125,000
1,473,536
536
1,473,
1,552,796
120,000
115.209
714,104
1,188,546
112,994,539
U4.303.639
$188,759,529 $176,048,646 $183,822,322
Includes F. E. A M. V. oonsols and Wyoming Central RR. lsts own»d
and pledge 1 as collateral for extension 4s of 1886, $10,093,000.
t Includes Chic. St. P. M. A O. stock, $10,315,659; F. E. A M. V. RR.
stock, $1,966,500. Also owns C. A N. W. common stock, $10,007,476,
and preferred stock, $2,284, Included on other side of the account.
{ Including $10,007,476 common stock and $2,284 preferred stock in
company's treasury.
Including live bonds in sinking funds, wldch amounted May 31, 1888,
to $1,261,500.
IT The capital stocks of eleven different proprietary companies were in
former yea- s brought forward at their par value, but are now entered
at their estimated value with reference to cost, and the stated cost of
the properties correspondingly reduced.
(V. 44, p. 343,621,713; V. 45, p. 52, 159,177,340, 575; V. 46, p.
172,184,200,738; V. 47,p. 168, 182,300.)
*
II
—
Chicago A Ohio River.— Line of road from S'dells, 111., toOlney,
86 miles. This Co. was organized in 1886 as successor of the Danville
Olney A Ohio River, foreclosed in Feb. 1886. An extension to the Ohio
River is projected. Income bonds are convertible into stock for five years
from May 1. '86. Grofs earnings In 1885-86, $61,767; net, $8,i:i3. In
1686-87, gross. $75,377; net over operating expi nses and flxed charges.
$1,639. Austin Corbin, President. N. Y. City. -(V. 44, p. 21, 289, 308.)
Chicago Rock Island A Pacific—Line of Road.— Owns from
Chicago to Council Bluffs, 500 miles; Davenport, la., to Atchison, Kan.,
845 Atchison Junotion to Leavenworth, Kan., 22; Washington, la., to
Knoxville, 77; South Englewood to South Chicago, 8; Wilton to
Muscatine, 12; Newton to Monroe, 17; Des Moines to Indianola and
W lntcrset, 47; Menlo to Guthrie Centre, 14; Atlautio to Audubon.
25 Atlantic to Griswold. 15; Avoca to Harlan, 12; Avoca to Carson- 17; Mt. Zlon to Kcosauqua, 4; Wilton to Lime Kilns, 6; total
owne d, 1,121 miles. Leases: Cameron, Mo., to Kansas City, 54; Bu
reau Junction to Peoria. 47 miles; Keokuk to Des Moines. 162; Des
Moines A lort Dodge RR Des Moines to Fort Dodge and Ruthven.
144 miles; total leased, 407 in les. Total operated, April 1, 1888, 1.528
miles. Kow road under construction. (See Chronicle,
V. 47, p. 108
ORGANIZATION—The Chicago A Rock Island RR. was chartered in
Illinois 1'cb. 7, 1851, and opened from Chioago
to the Mississippi River
e R. I. 4 Pacino was a consolidation June
{ i«'K,i.
with $50,000,000 stock authorized, and a stock dividend of
4.1880,
r ccn
tne noWer8 <" Chic. R. I. A P. stock. Des Moines A
i°£
¥?
,
i>£?
Fort Dodge RR was leased in '87. The annual election occurs in June.
;
j
,
)
^Ei™
,
'
,
260,261,262.)
The fiscal year ends March 31.
736, also art on p. 752.
Miles
owned A
oper.
Annual report for 1887-8 In V. 46, p.
The mileage, earns., Ac, have been as follows
1883-84.
1885-86.
1886-87.
1881-85.
1,384
1,384
1,384
1,527
Ope alions—
$
$
$
$
Passengers carried.
2,848,900
3,121,607
3,720,334
3,517,624
Passenger mileage.. 122.618,235 129,203,401 133,091,642 142,573,651
2-336 cts.
2'468 cts. 2-420 cts.
2-328 ots.
Rate per pass. p. mile
Freight (tn») carried
3,980,502
3,873,605
4.130,109 4,970,496
Freight (tons) mile-. 780,944.261 719,972,565 793.824,454 941,661,006
1-0 1 cts.
0-93 ots.
Av.ra tep.tonp mile
lv4 ots.
107 cts.
* Company's freight not included.
Earnings
—
$
Pa'senger
Freight
Mail,expr's,r'nts,Ac
Total gross earns.
Operating expenses
Net earnings
P.c.of op.ox.to earn.
$
3,023,834
3,489,501
3,127,258
3.097,916
8,801,354
8,144,142
7,713,659
8,037,453
1,038,835
1.213.872
1,163,431
1,183.681
12,206,911 12,004.348 12.3 9,050 13,509,727
7,160,324
7,166.893
7,501,809
8,742,080
1
5,046,587
58-65
4,837,455
4,814,211
59 70
income account.
60 92
Total income
Disbursements—
Rent leased roads
Interest on debt
18856.
$
1886-7.
$
4,837,455
310,000
4,814.240
230,000
4,767,667
5,147,455
5,044,240
6,024,837
1384-5.
1833-4.
Receipts—
Net earnings
From land departm't
Int. from prop, roads
Prem. on 5 p.c.bonds.
$
5,046,587
330,000
5,376,587
4,767,667
64-71
301,121
301,995
303,762
1,320,667
1,094,750 1,213,250
2,937,186
Dividends
2,937,186 2,937,186
7
7
7
Rate per cent
750,000
463,000
Add'n and imp. aco't.
170.922
196,344
164.784
Miscellaneous*
4,73^,537
5,279,401 5,080,215
Total disbursements.
97,186
311,703
Balance, surplus
67,240
*
* Includes renta' and tolls Mo. River Bridge.
— (V. 44. p. 60, 91.303. 3.15, 495. 526, 712, 713,731.752;
..
$
220,000
193,170
844.000
$
411,400
1,810,778
3,010,518
7
206,388
5,439,084
585,753
V. 45. p.
55, 166, 342, 400. 438, 472. 512. 613; V. 46, p. 134,251, 353, 448, 736,
752, 819; V. 47, p. 21, 81, 108, 260, 327.)
Pittsburg.— The mileage is as follows:
Chicago St. Louis
Columbus, O., to Indianapolis, Ind.. 187inlles; branches— Bradford Juno..
0.,to Chioago, 111., 231 111.; Richmond, Ind., to Anoka June. Ind., 102 in.'
Logansport, Ind., to Illinois State Line, 61 in.; Indianapolis to Kokomo
(operated jolutlv with Lake Erie A West. 54 m.; Ota, inch. A Chic. RR.,
Hamilton. O., to Indiana State line (and leased road), 14 miles; Cin.
total operated, 702 in
tiich. RR. to Hamilton, O., 23 m.
This is the reorganization (March 20, 1883,) of the Columbus Chicago
Central
road,
foreclosure
on Jan. 10, 1883. Tne
Indiana
sold
in
A
C. C. A I. C. company was formed Feb. 12, 1868, by consolidation of
the Col. A Ind. Cen. and Chic. A Great East, railroad companies. In Aug.,
'88. acquired Cin. Rich. A Chic previously It asert by Cin. Hain. A Day.
The lViin. RR. and the Penn. Co. hold a large amount of the 1st consolidated mortgage and the stocks. The preferred stook is entitled to 6
A
1
;
per oent yearly if earned, and
is
cumulative.
A
Skptixbib,
1888.]
RAILROAD STOCKS AND BONDS.
S7
—
.
!
;
SUPPLEMENT.
INVESTORS'
3*
:
,,
.
[Vol. XLVII.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— Prim
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
of
par
For explanation of oolumn headings, Ac. see notes of
Road. Bonds Value.
on tint page of tables.
Chicago 81. Louis * Piltsb.— Common stock
Preferred stock (6 per cent cumulative)
4r
1st mortgage, consul. gold ($22,000,000)
1st M. Chic. A O't East. (Chic, to Logansport)..o"
do Col. A Ind. Ceut. (Colum. to Ind. and br.).o'
7112
do Union A Ixignnsp't (U'n City to Logansi.o*
do Clnn. * Chic. Air Line(Rlch. to Logans.). c*
c*
2d M. Col. A Indianapolis Central
Debentures. $1 ,800,01 authorized, but not Issued
c*
296
Chit. Si. P. <* Kan. City-list. M. ,g.(red'l after '96).
Ml
Minn. A Northwestern— 1st M.,g., $16,oooperm
Income bonds (5 per cent non-cumulative)
Chic. St. Paul Min'potis <t Omaha—Common stock. 1,399
Preferred stock
Consol. mortgage ($15,000 per mile)
Cbic. St. Paul A Minn., 1st niort., gold
North Wisconsin. 1st mortgage
A
o*
,
A
M
it
West
1864
1865
1,000
1,000
1864
1*88
1886
1884
1,000
1880
1878
1880
1879
1878
1878
1879
1879
1882
1.000
Michigan—Stock, new
177
120
608
23
12
"48
Too
100
500 &0
1,000
1,000
Chic. A Mich L.S.RR, 1st M., New Buff, to St. Jo.
Or. Rap. Newaygo & Lake Sh., RR..lst mort. cp..
Gen'l M. ($12,000 p. mile), 1st M. on 212 miles ..
Cincinnati Hamilton rf Dayton— Stock
Preferred stock, Series A A B
o*
Consol. mort. ($996,000 are 7s) $ A £, s. t
c*
2d mortgage, gold
Cln. Hani. A I. (Junction) RR., 1st mort., guar
Cincinnati Indianap. St. Louis <« Chicago— Stock..
-.
127
36
III
324
324
60
"98
Will
1869
1871
1881
100
100
1875
1887
1873
1,000
1,000
1,000
411
100
N. Y.,40 Walt.A
Boyle
Co., 40
A J.
A D.
A N.
A J.
A. A O.
J. A J.
J. A J.
J. A J.
M. A N.
Q. - M.
F. A A.
M. A S.
J. A J
J. A D.
July 20.
June 1,
do
May 1,
do
Jan. 1,
do
April 1,
do
Jan. 1,
do
July 1,
do
Jan. 1,
do
N. Y., Drexel, M. A Co. Nov. 1,
do
do
Dec. 1,
Boston. 26 Sears B'ding An*. 15,
do
do
Sept. 1,
July 1,
N. Y. Union Trust Co.
Deo. 1,
Bost., Nat. Webster B'k.
A
1.000
7-*-
8
7
6
g.
«.
?
8
8
5
8t.
A
A
A
I
7
J.
1*4
1932
'95
1890
July 1, 1936
July 1. 1934
July 1, 1936
May
Aug.
Oct.
Jan.
do
do
J.
Jan.
do
do
J
Q.-M. Cinelnnati.Treas.Ofnce. Sept.
.4"*g. J.
1,
do
do
do
do
do
do
do
Q.'-F. N. Y., WinslowL. A Co.
do
do
A.
O,
1
A
Nov., 1904
2
5,6,7
1,
1893
Aug.
London
Wall
Oct.
Nov., 1904
Deo.. 1905
do
do
do
do
N.Y., Office, 52 Wall st
J.
J.
6g. It
6
J.
6,150,200
480.000
576,000
2,940,000
4,000,000
1,000,000
2,894.000
2,000,000
1,800,000
10.000,000
1.000
1,000
1,000
-
6
6.396, 6116
100
g
"&'
6,080,000
334,800
125.000
75.000
2,264,000
1,000
1,000
414
i
9,628,000
6,981,700
18,559,593
1 1 .259,933
12,742,434
3,000,000
do
do
do
do
(.).
5
8,302/00
1,000
1,000
N. Y., Union Trust Co.
do
do
Various
7
7
7
7
Dividend.
AO.
J. A J.
A. .V
P. A A.
M. A N.
A J.
A J
7*' A.
Nil.
1.399
c*
c*
Sioux City, niort.. gold for $7,000,000-0*
8t» P.
Taylors' Falls, 1st niort
St. Paul Stillwater
c*
Hudson A River Falls. 1st niort
Minneapolis East UK., 1st mort., guaranteed. ..c*
,g.,s.f., dr'n atlOo.c*
Chie.it Went. Indiana— 1st
c*
Gen'l niort., gold, sinking fund, red. at 105
Chicago
1883
Whom.
Cent.
$9,010,021
17.497.H75
13,771,000
223,000
2,631,000
715,000
108,500
780,000
1-
pal.When Dre.
Where Payable and by Slocks— Last
When
per
Outstanding Rate
$100
100
702
580
117
208
93
107
208
Amount
1,
1.,
1,
1,
1,
15,
1888
1930
1918
1930
1919
1908
1908
1909
1919
1932
1888
1889
1891
1921
1887
1888
1905
1937
1903
1S33
OPERATIONS AND FISCAL RESULTS.
In 1888 It was proposed to is- ue debentures to fund overdue coupons
18s5.
1887.
1884.
1886.
on the 5 p?r cent mortgage bonds, but none are yet out.
1,399
1,318
1.340
1,365
From Jan. 1 to Jan. 31, 1883 (1 month), gross earns, were $152,715, Miles operated
sgaiDst $446,385 In 1887; net. $88,400, against $125,308 deficit unEarnings
$
$
$
$
der charges, $2,322, agalDSt surplus, $24,388.
Passenger
1,430,711
1,748,225
1,305,515
1,413,218
4,902,910
The annual report of this company for the year 1887 was pub- Freight
4,132,530
4,466,734
4,255,398
Mail, express, Ac...
239.738
lished in the Chronicle, V. 46. p. 536. to which reference should lie made.
221,690
273,315
253,897
OPERATIONS AND FISCAL RESULTS.
Gross earnings
5,784,931
5,814,310
6,153,267
6,940,373
1884.
1885.
1886.
1887.
4.007.022
Oper'g
3,721.151
3,848,575
4,633,615
635
635
Miles of r'd operated
635
635
Net earnings
2,09 ,1,659
2,301,692
2.307.258
1,777,909
Operations
63-99
62-55
66-76
P.O.
of
op.
69
26
e
x.
to
earn
Passengers carried.
1,186,779
1,061,091
1,085,418
1,182,099
INCOME ACCOUNT.
Passenger mileage
48,891.744 46,840.896 44.970,677 48,656,5S2
1884.
1885.
1886.
1837.
2-32
2-21
2-30
2-38
Cts.
Rate $ pass. $ mile
cts.
ots.
cts.
Receipts
$
$
$
$
Fr'ght (tons) carried
2,517,062
3,031.595
3,075,385
3,546,260
Net
2,093,659
earnings
2,304,692
2,307,258
1,777,909
Flight (t'ns) mileage 484,716.894 612,653,872 587,723,362 683,672,526
741.065
651,125
721,995
654,501
0'60 ots.
0-63 cts. Net from land grants
Ave. rate $ ton ¥ m.
052 ots.
059 CIS.
:S9. d.-U
Other receipts
212.221
33,235
73,959
Earnings—
$
$
$
$
Passenger
1,134,689
1,036,165
4,314.564
1,036,077
3,119,716
Total Income....
2,848,889
3,001,713
2,641,255
Freight
2,902,433
3,159,887
3,418,447
1,157,822
Disbursements—
$
$
$
$
Mail, express, Ac....
37 1, 632
414,791 Rentals paid.
359,718
357,704
62,982
117,009
82,238
49,174
1,337,956
1,331,321
1,337,956
Interest on debt
1,320,146
Total gross earns
4,396.840
4,567,596
4,812,316
5.887,180 Div. on pref. stock..
675,408
675,408
675,408
787,976
Op exps. and taxes. 3,602,213 3,307,645 3,966,301 4.311,165 Rateof dividend ....
(6)
(6)
(6)
(7)
12.521
Loss on prop, roads.
13,065
9,624
8,409
Net earnings
794,627
759,951
876,015
1,576,015
Tot. disbursem'ts
2,035,238
2,139,i4»7
2,104,061
2,170,361
81-93
81-91
P. c. of op ex. to earns.
83 36
73 33 Balance surplus
979.719
763,651
897 652
470,891
INCOSIE ACCOUNT.
IV. 44. p. i84, 263, 493; V. 45, p. 49i; V. 46, p. 302, 319, 411
V.
Receipts—
1884.
1835.
1886.
1887.
17, p. 170.)
Net earnings
$794,627
$759,951
$876,015 $1,576,016
Chicago 4c Western Indiana.— Owns from Dolton and HamOther receipts
80.045
mond, 111., to Chicago, with a belt railroad and branches, with ware
Total Income...
$»74,o,2
$7oU,»ji
$876,015 $i,o/u,^.o houses, elevator, Ac., 48 miles of roads and 135 miles of traok in all
Disbursements—
including 2d, 3d, 4th and siding traok (of which 51 miles were leased to
Rentals paid
$21,224
$21,224
$21,224
S21.91S the Belt R'v of Chicago), and about 400 acres of real estate. This
Int., Ac, on debt.
1,079,602
1,079,241
1,074,121
1.068,775 company teases Its road tor right of way into Chicago and terminal
17.5«-y
Miscellaneous ....
95.789
145.324 acuities therein to tin- Wabash, the Gr. Trunk of Can., the Chio. A E.
Total disb'rsm'ts • 1, 100,826 $1,11
$l,236.ui 7 111., the Chic. A Atl., the Louisv. NVw Alb. A Chic, and Chic. 8. Fd A Cal.
Pl,l».
Balance
def.*226.154 def.$35^.079 def *31 5.119 sur.$339,999 roads: the annual rentals stipulated exceed the interest charge consid(V.44,p. 369, 433,6?5. 526, 653. V.45, p. 25,239, 400, 538,703,855: erably. The stock is $5,000,000 and bonds are limited to $10,500,000
V. 46, p. 133, 227, 371, o 36.)
the bonds are liable to be redeenei at anytime at 105 by a sinking
Chicago St. Panl
Kansas City.— (See Map).—Oelwein, la lund, which is provided for by increased rentals to be paid for that
toSt. Joseph, .Uo.. 236 miles; branches, Valeria to coal mines and Wil- purpose. Sinking I'd. payments in 1838 about $35,00.1, applying only
sons to Cedar Falls, 10 miles; total, 296 miles. Minn. A Northwestern to istuiortg. bonds; payments increase yearly by interest on bands remileage- Chicago to St. Paul. 403 miles; I,yle branch— Hayneld to deemed. See annual report V. 44, p. 780. fu 1337 gross receipts were
Manley Junction, 48 miles; Waverly branch— 3uniner, la., to Hamp- t'699,501; surpms over lix, d charges, $163,829. In 133*1 revenue from
rentals, etc.. Was $700,928; interest. etc., $534,784; surplus, $166,144.
ton, la., 63 miles; total, 511 lnilos. Total of consolidated mileage, 810
miles. The mad from Lyle to Maoley June., about 3d miles, is teased to -(V. -13, p. 22 V. 1-1, p. 751, 780; V. 17, p. 2 H.I
the Central Iowa. In Deceml er, 18s7. acquired the Minnesota A
Chicago Ac West Michigan.—Owns from Lacrosse, Indiana, to
Northw esierii. The Chicago St. Paul A Kansas Citj bonds are Peutwater, Mich., 209 miles; branches— Holland Junction to Allegan,
$ or « and are authorized to the amount of $16,000,000 at the 23 miles; Holland to White Cloud, 70 miles; Fruitport to Muskegon,
rate of $20,000 per mile on road and $5,000 por in. for terminals In cities
10 miles; Kirk's Junction to Piokaud's Junction, 3 miles; Muskegon
and for equipment; also, $3,000 per mile additional for double track. to Port Sherman, 6 miles; Woodvllle to Muskegon River, IS miles ;
They are redeemable after 1896 at 105 and accrued interest. Trus- Mcars to Hart, 3 miles; B. R. Junction to Big Rapids. 52 miles; White
tees of mortgage are the Metropolitan Trust Co., of New York, and
River Junction to Baldwin, 20 miles; total operated, 414 miles. In
Robert H. Benson, of London. The M. <s N. W. bonds are $ 16,000 per in., 1887 leased to Chlcag A Ind. Coal RR., ahout 13 miles.
with $4,000 for terminals and $3,000 for second track. Stook, $15,organized a- successors of Chicago A Mioh. Lake Shore Jan. 1, 1879,
142,900. There are also $150,000 bills due 1891. A. B. Stlckncand consolidated In Sept., 1881, with the Grand Haven road, and
Pres't, St. Paul, Minn. W. L Boyle, Vlce-Pres't. 10 Wall St.. New York,
he Grand Rapids Newaygo A Lake Shore.
-(V. 44, p. 627; V. 45, p. 642,792; V". 46, p. 200,255, 771; V.47,p.353.)
There are vet outstanding $24,000 G. R. N. A L. S. 2d Div. bonds.
Chicago St. Paul Minneapolis A Omaha. -(See map Chicago
Report for 1887 was in CHRONICLE, V. 46, p. 770. Earnings, Ac.,
A Northwestern.) Mileage: Eastern Div.— Eiroy to St. Paul,
195 miles; have been as follows
1887.
1885.
1886.
River tails Branch, 25 miles; 81 ill water Branch, 4 inues; South Stillwater
1884.
Branch 4 miles; Eau Claire Branch, 3 miles; Neillsvllle Branch, 16 m.; St
Paul to Minneapolis, 11 m. (leased); total, 258 miles. Northern Division- Total gross earnings
1,469,667 1,297,301 1,393,979 1,414,022
North Wisconsin Junction to Bayfield, 178 miles; Ashland Junction to
Receipts —
370,482
349,393
Ashland, 4 miles; Ashland Shore liue, 1 mile; Eau Claire to Chicago Met earnings
348,783
463,977
Junction, 81 miles; Superior Junction to Duluth, 73 miles: total, Other receipts
4,072
9,261
12,048
2,217
33 / miles St. Paul A Sioux City Div.-8t. Paul to Sioux City, 269 miles;
361,441
Minneapolis to Merrlain June, 27 miles (1,-ased)
352,360
379,743
471,194
Total income
Lake Crystal to El
more, 44 miles; Heron Lake to Pipestoue 55 miles; Sioux Falls Junction
Disbursements—
$
to Mitchell, 131 imles; Luverue to Doon, 23 miles; total,
225,024
232,253
224,030
222,085
554 miles. Interest on debt
123,004
Nebraska Div.-Covlngton to Omaha, 126 miles; Colmru June, to Pouoa. Dividends
153,755
123,004
215,257
miles
16
Missouri River transfer, 2 miles; Norfolk Branch to Emerson.
355,257
46 miles; Wakefield to Hartington, 34 miles; Wayne to Randolph, 22
347,034
378,779
Total disbursements.... 437,342
miles; total, 245 miles. Total, 1,394 miles
964
6,181
snr.33.85i sur. 5,776
Balance
(33 miles of which unde
lease.) Proprietary road, 5 miles.
Total of all, Deo. 31.1887,1,399 -(V. 41, p. 525; V. 46, p. 199, T70.)
Wtt5" <™>solidattou July, '80, of the Chic. St. P. & Minueap.
&
Cincinnati Hamilton A Dayton.— Owns from Cincinnati, O.,
!?.,rm'-,i
formerly
West Wisconsin), tne North Wisconsin, and the St. P. A S. City
to Daytou. 0., 60 miles; Mo'Jouib to Dosiiler, 9 miles; Bowling Green
M R oc ba
r or. "K " to noii-cniuiilative dividend of 7 per
ItR.. 6 miles; Troy A Piqua RR., 8 miles; leases— Daytou A Michigan,
»n?f^."! '. l.^t ""-''l'igs;
._ ^.* 1 i
but common is never to receive more than is Dayton to role lo, 14.J miles; Oinolnnatl Hamilton A In lianapolis,
S,„,
hXe 8t P V Mll ""' 'l'- ">t M. is a 2d on the lands,
Hamilton to Indianapolis, 99 miles. Total, operated, 321 miles. la
V olllI
n
COQtl
'g interest In the stock was purchased
Aug., 188 •<. the Cin. Rich. A Chicago was transferred to the Chicago St.
for the <• wST: t, v
;,
;
tbWMtcru
""'^ay
by
the
acquisition
of
93,200
^°*
L
nut A Pitisburg.
shares of,
on
an average price of 4840, and 53.300 shares of
in June, 1387, authority to issue $10,000,009 pref. stock was voted
m££?r£S . a aat
VeraKe of K»f04-thc total cost being $10,315.6 >9
and
part wis i-s led under the Ives management, But was ojntested.
whmb^ti. h«, , 18 "" "^ H ot tue Cll l °- * Northwestern Coiupai
The bonds issued m 133 7 are a second Hen on the mam lino, 6 J miles,
j
BXrftor
,
n )r insf^J
18M7 W1"> ,n Clinoyic.K, V.
46, p 411
, n^Sl
The land* il«s in and also cover the road fro u Mc Jamb to D isuleT, 9 iii.les, tb) : ie»petu»l
^••"laores for $89,078. inTduding lots; tandTcouU^cts
leases of tne Day-ton A Michigan ant Cincinnati Richmond * .^ no agi
"
1
?°°- i 1 **", *-'.49-3.5?l; lauds uudlsposmu OXp
of"
«M 111?,:'"
i'"
roads ml 9UB 16,658 of debt claimed to be due from tha Olaomuati
621.144
acres. Earnings,
'
Ac, wore as follows:
—
;
—
.
—
.
;
—
&
;
i
;
;
'
1
'
1
.
"TKL ^£
:
'
,
Zm
,
'
.
'
I^Vr"
!
'
Hamilton & Ind. RR. Co.
Si
ITKMBBR,
KAIL ROAD
1888.]
STOCKS AND BONDS.
30
i-tt
•
Cor.
R„*,n
IM
(PrUKTrto
/omtr-.n*
s°
will*
ICfcl rrj-rt
w«iul>on>
.r,rt
BEEs
...»
JtamfctoJc./^-v
MAI'
inn*
^\
<>K
TnK
tpCINCINNATI,
*\
INDIANAPOLIS,
$
ST. LOUIS & CHICAGO rf-—
'
RAILWAY
A
(MNNK.rTIONa
.
SUPPLEMENT.
INYESTOES'
40
(Vol. XLVII.
MAP OF TUB
CINCINNATI, JACKSON
AND
MACKINAW
*g*~f*^
•
\*
r.tropollt«i\
R.R.
J*».
AND
CONNECTION&
ITS
Manlrtique
warn*
aietaogulsbene
\Orilliay
ithampton
"W'altonS
Mi<riistee
jdCltyW^
Pentwater
ilte
-,
^gjupiaT^Ti?
'^
Tertfus^
Guelpn)
Cloud),
r^E
r<Mfit-
tratford
?racy.i
j&a-
S^
^J^^S oodstocB
xooa
Xopd
v*v
>s5o-*'°
oSJS^VkoVouIo
l/ortV^T^Osr.
Holly;
LANSIN
^
^
;
h
t
Po\itla
P^'^^^S^
c a g oWj^x^y
™
"<V
^JVpoaTien
^yrnoutrT
<w w arsaw
\
NoiwfSr
tit"/
a-»ey
fturviuX
,
o»"r
M*\
KJokomay
-
Xentdn
ft.
w
N\V6liclby/ 0rrvl ^>
r
\v
^r
^^p^lansfield,
.
.
.
Castle
C.
ST. l./
L
c^Wjrari
Yellow Cr
be »
via
I
L s ^ 2j[f^llefontalnd
A fc*S&'c
Cw
.
JfiKuoo
Si!°
£$«•
-
QSew Castle
AkronV
iChi^e.
sf'VS
^^TOB^aitvhcel no
NevCs
prinsrfieW^KcoujMabsN
\vayiA'sl'»frg
RfCHMONTr^jC
»/\
y.
^Xkpcuterl
j
IT
rre
Haute\
^^ \
^K
I
\<
—^
f
GrpeWurg)!*^
1
'"I
'1
I
II
I
II
I
>y
^s?l Li tJ^ tL^
]'
''NAlLi^oI/
J
/^-—^^S~~—/Uillsboro"'
^ster
ThBloomfllld
'a-
WaverlyJ
ti</kA>n
.n.Verndh
Seymou^A^ / \^
.
vL*o**
CoVE*
^Ooorgutowir-^M
0^npoli^yM<tTrieasant
—
Ports mouthJ^J*^-^/
}|
—
"Jp^^-S^iel!
*^
Aj
Buckhanjion
*y
jjfl
*X A
'a«hioyton
Falmouth
ojasper
1/
^
I
''"*„
AlrontoiB
^CHARLESTON
Jeff,
i
Gra»i
AQvntrj V.
'*£u 'X'St/,.:
Lki
Cocllian Jc.
\
JL/
^TEUzebeth
Bardstown
^£L
F^-<CSft.StfrllnK
S
°I"rencKburg
iT^Jr,
S^
^heater
%L
*
•Itichmond
H
i
Orchara
V
*
^
\&
\
U
and
T.
tffi
'
lB banon
7
T^
^^
XivlnKSton
'u)jj
le
»buiv
*{ Apach
JUcliarflson
^Ricliarason
QreenBDurg
Jackson
JPlkevfllcO
S
*>
^
/
f
•
Pocahofitaa t'y'
g^
.
SEITEMBKR,
trill
For explanation of column headings, Ac, see notes
on first page of tables.
aad
.
g. s.f.
not ilr'wn (for 810.000.000) cAr
All.
mort., dre» n
at 105,*.
c
percent
1
f.
Par
Value.
95
20
30
2d M., guar. (623,750 funded
do
Oen. 1st M.
-Cincinnati Lafayette A Chicago, 1st mort.. gold c
Cinn.Jiuk.d Mark — Dt.cnnsnL. g (#10,000 p.m.) c'
Cincinnati Vsn Wert A Mich.. 1-t nifrt
1858 «500Ao.
l.OOO
1SM7
1863
1.000
1.0O0
1000*4
54*1.000
4g.
792,000
869.000
2.01H.000
6
IBM
1.000
1,000
l.ooo
l--:
100 Ae
1,200.000
1870
i.obo
1,000
1 10,000
1.500.000
B.000.000
56O.000
1.800.000
1
......
l
175
56
263
1880
1871
....
38
14i
iaa
36
1-.;.;
1,000
1871
1400
50
50
OtneSnmtff^oath "d M^hioan^eiock on.OOO'.OOO)
Oincinnali Wash, d Hall.- 1st M. gold (4 >*s guar.) c
165
100
1)4*11.
3d
.
49
48
•••••*••••••-••••<
mort.. gold (3 pr. ct. for 10 years and 4 after) e
Income mort.. non-cumulative, gold
e*
Income mort.. non-cumulative
C
Baltimore Bbort Une mortgage, assumed ...
Cincinnati A Baltimore mortgage, assumed
A llocktmr Valley mortgage.
1-71
1873
1.00.1
1B8S
1883
1883
1883
188*
1 i-.'t
1,000
l.ooo
l.OOO
1,000
l.ooo
l.ooo
liBS
1.000
IBM
old
1st
1.000
1.000
l.OOO
1
»mg
3d
|M
1888
IBM
...
"»u
-
Total.
S.-T
8IM.ir.vi
*- "i..w-
BJBwwxM
310, 288. 833, SOB, 437. 472, 672. 613, 672. 920. 15 \ V.
768.
I4M, 802, V. 47. p. 170.
P.
40. p.
<
8347*.
B3.920.75tl
83,073,577
,
surplus
M.
I
iiMlamatl ludlauapolla
Lonla
«t.
A
Chleat;e.-(«M
Jfaa.)
171 mils*; Lawranosburg branch.
Sanies; Harrison branch. 7 miles; Falrland P. A M. Road. 88 mil-..
and CteetaaaU Lafarette A Chicago (leased). 76 miles: Vernoi
lullea: Kankakee ABeoeea (oaehaif owned), 43 miles; Col.
Hope A Oreen.. 26 miles; total operated. 41 1 miles.
tins company was lormerly the ladlanaptdls Cln. A Laf.. which road
was sold In foreclosuie Feb. 2. 1880, and this company organised.
The new 4 prr cent nsortfage for 810,000,000 lOiiiml Trust Co. aad
Horror Bales, ti tutors) will retire all other boasts on they fall Ana. aad
leave a surplus of 41.000.OO0 for other purposes as needed. 1
fund for Umbo bonds Is 1 per cent yearly of the amount of out
booda ; pay meou laps* whan boeds eannot be purchased at 1
subacni'ltig
Interest. In March. 1887. etoekholdera hsd the privilege of sul
jo 83*00.000 new stork at 05. (V. 44. p. 275.)
esrtl!l,»-«
were
From July 1. 1888. to July 31. 1888 (1 mo,). _
in,-net. 867.0<u. agalns
8196.731. against 8214.384 In l-*7.
anrplas orn fised charges, 8503.783. against fol) 1.105.
ftteal roar ends June SO. report forT888-7 was la V. 4^. p. 436. 438.
Owns from
tin. to Lafntiiir.. In<I
.
<
oM
2.526484
188687.
8
2.752403
1452.296
2.799,0 72
1.076 824
634.234
643,267
514453
21"
332400
500.«J0^
1884-85.
I
M8wJI<
Net receipts.
885,078
1487
DUtm
034,488
Intaroatoa
Dtndends.
Uf
lOfdlrldewds.
BJ
1
Jackson
r
15 p.
CI
15483
1.4U2
1.091.349
883.078
133,794
60417
600. 678, 835; V. 46.
1.016.055
I
pssMfn
382.
.oarplus
-<V.45,p. 112. 271.486
V. 47. p
(4»4p.Cl
o.)
8ft
8
00.760
p. 103. 251.
I
vfscklnaw.—
<**» Han.)—Owns from
Cincinnati
at
Carlisle. O.. north \n Adduoo. Mich . Ia8 miles; AUecaa to Dundee, Mich.,
total operated. 321 miles. This Oo. Wee formed Peb. 12. 1888,
\ miles,
"
BR
A
at.on of he CtBCta. Van Wert
Mien.
aad the Jackson
- -~ pu cna-ed the Mich. A Ohio sold In furaoloonre.
....arolnaj ia at BtO.OjO per mile, covering als onulpment
coat shout 41 .OO0.00O. thus reducing too lien on the r.avl to near
_
87400 por mile. The aathortied Usueoi 1st oonsoi bonds Is 86.000.000; prof. otoak6a.e.. noocu .oilatlve. »7.3m).oo >.an 1 n •union stock,
i
>
.
8IOj850,76 >ooobboo aad 88.32i.000 pref. were
Sept. 80. 1 187. Of the 1st oowaol. mort. 81.2OO.0O0 will be
ilch
to rvtlre the sunie amount of U»n. Van Wert A Mich. 1st mort.
due I mil. whh-h are a first lien on il >s miles (called the Central
Division) between Cecil. '>.. aad OroenvUle. O. Soe abotroot of mortgage iCootrsI Trust Co. of Now York, trustee) VoL 45, p. 574.
udtaur Brpt. 30. 1847, gross earnings on average of 205
lies, 8883,31
s4 over rentals ami Uxes, 8I82.50O; surplus over
totete.i. #42 S4M; »•!:
a local aid. 833402; total surplus.
M»ri.
C.
.. R. "beldon. Vlco866.490. J.
Prr-'t. N Y I it).-,V.45. p S71.574; V. 46.
1
M
j
<
n'lnnall Lebanon A Northern.
S
Dodds.O.,
attes; branches. I miles; total. 38 tulles. This Co. was formed In
'.. as •ervasor of
the cinn. Northern, sotd In foreclosure Stock la
">.
In 1887 gross isrninns were 81 11.717: net, 823,.
CBajrlnnatl
'69,
10
Jlajsskl
V
780 0»O
at
y
'
i:oad
wss
leased for 99
J
reamed BOwjiosloB.
t
he rood was
made
1,
May
1. 1920
8e|>t.. 1901
8.
8*
D. N.Y., Central Trust Co. Dec. 1. 1936
J. N.Y..8hel'nACo.,4\Vall Jan. 1. 1901
Jan. 1, 1930
J. (Inn., 4th Nitt'l I! ink.
July 2, 1916
Jan. 1, 1901
J. Jan., '86 cp. last paid
Feb. 5, 18S3
J. N.Y., Wlnslow, L. A Oo. July 1, 1895
D.
Wlnslow. u A Co. Juue 1, 1921
N. Bos'D Office, S Mi r. Row Am. 6, 1888
do
N.
do
May I, 1888
A. Boston. Nut. Revere Bk. Feb. 1, 1900
D. Bos. Ofhci-. 3 Mi-r Row. June 1, 1890
New York A Boston. Jan. 1, 1928
J.
N. Y., U.S. Trust Oo.
April 1, 1901
O.
J.
J.
8-4
do
NY.
do
do
S.Y., Farm's'
LATr.
J.
A N
A J.
A O.
A A
P.
do
do
do
do
do
4,000.000*
5
750.000
500,000
300.000
7
'
7
A
Ii
I A
M A
J
Nov.
Not.
do
do
do
do
do
do
do
On., C. W.
du
N
Jan. 1, 1903
Oo.
A B.
April
Nov.
Nov.
Nov.
Office,
1,
1.
1,
1,
1.
1,
1931
1981
1893
1931
1931
1931
Dan,
l,
l.ioi
Jan.
1,
1800
l uns
do
M.iv
1
In 1887.
Grass earnings In inn. 8191.132: net. 874.511 Interest,
8105,000; deficit. 862,165. In 1887 gross. 844 1.054; net. 444,695; deficit under fixed charges, 8102,252.
Amount <lue leasee Dec. 31. 1887
6i.08l.ul3. ami for i'ot>|<nns up to July, 1881. not presented, 8203,550
<
'it
pit ul stock. 4i3.997.330.
New Orleans A Texaa
Cincinnati
sfco Claclniistl
J
Pa.
Southern, mot
1
M
0.1 i.
.
Chsttanuogs. Trnn
Inn.itl t
.
Paclilc. (.•*<• Map).— This is •
l.i»«"i Ohio Oct. 8, 1881, soopcrato
|mt cent oltlic stock loheid by the Engl.ini.. inn) the Ala,, New Or,
bUbMJ ormtnlBMl axtdor the
'ii
i
nllrs:
The Ala.
3 Id ml lea
mile* Vu
.
:
NfroinCtn-
.
S.
'
A
1.
l:l:
.111.I
isl
T. P. also
1
;
due
.
11
19
tulles
tulles.
;"
See
loutlicrn
in inn.itl
is
61. 102.000 mi 1901. and
.
1900. For -ctlon of Obi Senstc relative to lease of
The annual report for 1887 In V. 46,
1 sec V. 46, p. 319.
2, gore tb" following Income account for lour years
1--1
1885
1888.
1887.
Total earn lag*
8-V<i2.l72 83.377,552
1466.181
!• ln.735
Working expenses.
2.08 I ST<
Net earnings .
8804,010 81.0b4.8ll ? 1.12 8, 392 81,342.880
-
nil
1
Deduct
For taxes
Fur rental
882400
..
s
-IV. 43.
p. 135,
898400
879.700
834.043
3,743
BM400
2i1>0
1
889s ev 00
80,210
Total
Surplus revenue
6808400
912,000
811
*i.Ml.Ull
210, 774; V. 41, p. 21 ,8 13: V. 45, p. 819; V. 46, p. 2S'J.)
Klrhmond A
Cincinnati
Chicago.— Owns from Hamilton, O..
to Indiana State Une. 37 tulles; leases, Rlchmoml. Iml.. to Ohio State
Une, 7 miles: total operated. 44 miles. Reorganised May 3, Hurt, and
l
d In por potuitj from Feb.. '69. to Clnn. Hum. A Du\ ton Co.. hut In
Am;.. I-11. lease trawfrrrrd to Chlr. Si. L.
Pitts. Thne nrr 2d M.
bou Is for 865.000, die July l. '89. Capital stock. 8312.600. Dell. It under
rxpenses lu year ending Mar. 3l.'81, B-."!-' (V. 16, p. 573. V. 47, p.
170, 228.)
ou
A
liolnnatl Klrhmond A Fort Wayne.—Owns from Rich
mood, Iml to Adams, Ind.. 86 tulles; leases 5 miles of Pittsburg
Fort Wayne A Chicago total operated, 61 miles. Leased for 99 years
<
.
;
to Orand Rapids A Indiana, the rental being uet earnings; Interest Is guaranteed by the l east t i and by the Pennsylvania Company
ami Cincinnati Hamilton A Dayton Company, Jointly, (iross earnings
In 1887, 84 18.508; net. 8100.492: loss to guarantors, $30,961. "Iross
loss to guarantors. #• 1.180. Capital stock. 61.709,In 1886, 6383.515
813; parBoO. Total advances by guarantors to en. 31, '87, 81,087,593.
;
1
Cincinnati Sandusky
A Cleveland.—Owns
from
Sandusky.
branch. Carer to Plndlay, 16 tulles;
leases Columbus Springfield A Cincinnati. Iliiiilce; total operated, 214
miles, less the division iietween Springfield A Dayton, 21 miles, which Is
lease to the Clev. Col. Clan. A Indianapolis. 1 lie preferred stock
has a lien by deposit of old bonds In trust. Tbe mortgage of 1888. due
192'<. wss to retire the prerrrred stock and pi tor bonds when due. In
April, 1881, a lease was made to the Imli in . 11 o on. A west's, but lltlOhio, to
as;
nOowl
II.
deiid of
5 per cent oat
An*.
'18.
(I,
on
>< sol
AW.
I
in foreclosure,
of Judgment agst.
stock, the lact
1884.
(V. 45, p. 613;
2 per cent In May,
111
1-.17
•t.
common
DlVi-
was paid
having be-n
V
10,
i>
V. 47, p. 81,
i0w7sw*u
Cincinnati
ipriiiittleid.
11.,
A
...
Springfield.—Operates from
-
..
wblol 89
aj
Cincinnati. Ohio, to
are lea-ed from other
in
Tbe whole la leaseil and •!" ruled by Cleveland Col. Oin.
A Ind Co., giving them a line Into cm, 100 .hi, ami depot accommodation. Leaaeos apply any excess over operuiirut expenses and Interest
companies.
toC. A 8. stock. Interest Isguursnlccd on the llrst uiortgage, one-half
by the lessees and one-ball by L. Shore A M
-'ock la
8 1. loo.ooo (par 8501. voting power on 8010,450 twlnu: In Id by trustee
C. Al. To Juiiuuty, nil. tin- c. c. c. a I. bad advanced
*2. 815.754.
Oroas In Hi7, 81,202,001) uet. 6192.3 U
Interest,
T'l; balance. 80.571.
Oross earnings lu 1880, #1,130,324 uet,
8116.001; deficit under Interest. *0
:
;
'
Wabash A
Ttlrhlijan Kail way.—Owns from
Benton Harlmr, Mich,, to Vnli-.,. In I. HI, mil..: uses 0. 0. 0. A I.
tracks Anderson to Indianapolis, 37 miles.
Bold Nov. 5, 1879, and
reorgaulird April. 1880, i,,ii ,)>,.,. mm irc< Irlng :o per cent lu slock for
md Coupons 11
in.
lain. ,V Day., had
option to purchase stock till Aug
avail filtuerlf
11 did not
of It. Stock, 62 044,1. .9. Orrrvearuliiirs lor 1886, 83c9,U9; netorer
charges, 808,404. Oross
mt overcharges, 8101,989.
J. H. Wade. President. Cleveland. Ohlo.-(V. 45, p. 341, 5.1
(loiloontl Waahlngton A Baltimore,—(Bm Map of Bait, a
Cincinnati
.
I
5
1
1 1
n
.
uontii to
The Marietta A Cincinnati
and re-orgaoUatlon was
Oo.
llamdun, 55
was sold
In
f
lu
;
Marietta to
Blanchnster to Mills-
.
Tmiooiu
1
A aecreo
1892
1938
Jan.,
Aug.
7g. M. A
3.21 4.000
i
do
.
2,000.000
651.000
2.043.2O0
7.5OO.0O0 4VjgA 6g M.
3.O40.OO0
5 g. J.
SoO.OOO
4^. A
Before,
sll
do
J
1888
Oct.,
Feb.. 1897
Dec. 1892
Q.-K. N. Y.. Central Trust Co.
MA
N. N. Y Drexel, M. A Co.
do
.1'
and rwugaut/rd ao
Trars from
'.
A
ro
O. N. Y., Drexel, M. A Co.
do
A.
do
D.
do
do
A
A
6
A
5
7
A
8
7
J. A
!• JM. AA
M. A
8
P. A
«
7
J. A
7* J.A. AA
J. A
7
428-850
538.000
1.1' 0,000
....
In June. 1887. a controlling Interest In the stock of the Terre Haute A
Indianapolis RR. was purchased. lb.- failure of H. 8. Ives A Co.. In
-7, puued the aflalra of this company In a complicated situstun Tbr !- unties In Its treasury had b en used lsrgvly for ln.n«.
mad preferred stuck to an unknown aiuoont had been Issued ami
pledgrdby Ives A Co. 1hl* matte-, with al others pertalnini; to ton
e President's rep
p. 709.
years 188T 1. «rr• Irvapa ly was defeated.
inn in J"
la Cits
Fiscal year end* March 31. i: port for !•<;
V 4*1. p. 769.
1—7 -•iB7.
1MB "''.
63,806.560
•3.122.141
88,480.198
Oroas receipt*
81.IM7.218
l-eneea and taxes.. 61.*
."H. A I> dir.. eom. aad pref
4'876.809
nerest0.'4
1
. A M. dividends.
7
£008430
MMW
e
A
A
A
A
A.
P.
J.
J.
7
00
1.200.,
UM
)
7
7
$1,083,000
431.000
2-7.000
789.7
91
314
314
ALE
R»w
Pef
„_*_"
r>.£l??~!?L
a
Outstanding
2d M-. lac. non.cuiii.rc 1 at 1'
do
do
Cincinnati Lebanon d Xor- 1 st m. (for 6200.000)
nt
Ui
Otftnn t m nMnfmm rallcu-lmt mortgage
Cincinnati .Sew Orieanid Team* faerie-Stock
Oin. Richmond d Chic.— 1st mort.. guar
Oin. Richmond d Ft. IT.— 1st mort.. gold, guar.
OincinnoM mtndutky d Cleveland— Stuck
Preferred stock
dr'nal 100..C
lstM..8.Dsy.AC. (tfal.Rlv.
c
2d mort*-. Cine. Sandusky A Cleve
o
ConsoL X. i6J.000.000) gold
d dp r ingjUld—Xn mortgage, guar.... c
<Ws il
irwbir£i/
slaOr
pTOMl
41
pal, When Due.
Wn<>n Where Payable, and by Sloeks— I-ast
p_ v . b i„
Whom.
Dividend.
Payable
8ixe. or
of
Bond*
151
c
coups.) c
mortgage
Ind., 1st
Date
Miles
of
Oinn. IndUtnap. St. Louis d Chicago— (Cont'd)—
c
I ml. A Cln. of 1958, 1st mort
c
Indianapolis (In. A Laf. mortgage
*
:
canter • great faror by siring Immediate notice at any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DEBCRIPTHiV
Cln.
-
-
RAILROAD STOCKS AND BONUS.
1888.]
Nabscrlbera
o
in. in
stock
Is
85,816, lo
>
pr.(. t
612.993.20O; parBlOO.
IN VESTOKS'
SUP PLEM Els T
Vol. XLVII.
1
.
RAILROAD STOCKS AiND BONDS.
SEITKMl'.t.K, LM6V]
43
Subscriber* will coaler * great favor by glvlus Immediate notice of any error discovered In these Tables.
Bond*— Prtnol
DESCRIPTION.
INTEREST OR DIVIDENDS.
- Miles Date Size, or Am. "int
pal. When Due
of
»
Par
B
te
r Wuen
Where
Payable,
For explanation of column headings, Ac., see note! of
and
by
Stocks— Last
P«
OauSaiidin*
Outstanding
on
first
07
d Jeffertom-Ut
Otttiand Akron m notumttut-Sttaci
Ottm/ltld
m..g'.i
1st niurt. gold,
redeemaMe
Bell's
Gap. .o*|
37
General mortgage, gold iforjl. 9O0. 0001
Canton. -Stock 1*7,592.100 Is i-r.f. ..
1st mortgage bon'tlf 12.000 per mlU)
ttand Columbus Cincinnati * //i<f.—Stock
1st mort. Bel. A Ind (about f31.000 red. yearly)
do
C. C. C. A I. sinking fund
Cous-M. (s. f 1 pa drawn at 100 unless ntamp'd
General consol. mort., gold (for •12.00O.000).
Clmland *
,
.
Clrsel. Lor.
m
VaL A W.
M
1st
01—ttand « Mahoning Tailcy-Stock
e"
mon. for •3.000.000.
1887
1,000
LB8s
1.000
1.000
1.000
1.000
1,000
(rag. Int.
q.-J
1 ..;:>
l-<74
1-11
1H7-
50
.".00 .V.
1-7''.
500 Ao.
l-7.'.<>o
18-9 1,000*0
1.500,000
32:i
Coloradn Midland— 1st
Baa
.-<•;
164
liol
1.004)
1
1.000
1,000
1,000
Oot*m*a m Port DrpotU— l.t mortgage
Columtms a Cutn. iidland-UX mott
(Mwww Hotting Tails* * TWarfo-Storg ..
Ck— ol
mnTtgaae. gold (Tor 814.500.000>
40
71
§ja
o"
:i.'t
500 Ac.
1.00O
MS
50
§99
:-.;7
ls7:t
KM
c*
I17.1
—
I
1
1868
1--4
IHU.
IMC
1987.
533,797
1.212.6V3
•570.937
1.427333
J-.-i.3-il
-Mf.Jl.l
09394
«l.:..'...-7o
..•..M.p.t.at
•1.2a33dl
1,613^40
•623.164
:
:
.
yj7
lavosu Acxocrr.
UM
1863.
1884.
•440337
v::
V.47.48U
•
oa boaded debt.
».
92. >7.'
intern
•71.011
of Bell's Gap
ad opened Jan.
1
lead principal
I
it
m
mB(t
113
166 ml
May 9. IMS.
of
*I.IX*>..«
*t
A
A
a
It-
M.
iii.l.
A
N. Y.. U.
ill
S.
Office.
Sept.
Trust Co.
do
1
1
Aug.
1.
Sept. 15,
1893
1896
.W1nslow.Lan.AC0. Jan. 1. 1938
N. Y.. Union Trust Oo.
Jan., 1890
N. Y., M.trop. Trust Co
Aug 1,1937
N. Y Farm. L. AT. Oo.
Beptl, 1888
sT.T
.
do
do
do
do
do
do
.1.)
do
New
Jan.
1.
1,
1.
1,
Not.
Jan.
Jan.
York.
neo.
.
J. N.Y.,
8.
1927
1887
1926
1927
1, 1917
1. 1983
do
do
Until Jan. 1899
do
do
May 1. 1899
N.Y.Drex.M.ACo A Lon June 1, 1914
tl. Y.. U. 9. Trust Co.
Jan. 1, 1934
N.Y.. Union Truat Co.
Oct. 1. 1898
.
3
1,
1.
I.
1,
June
1,
1.
1,
Jan.
1,
July
April 1,
Feb. 1.
Farm's' L.ATr.Co. Jan.
N. Y., Chase Nat. Bank.
1.
1892
1900
1913
1934
1927
1909
1936
1916
1923
1393
1914
tug. 1:>, 1*-T>
Sept. 1. 1931
ixooaa icouujT.
UM.
Net esraloga
1--.;.
IB80,
734,493
211.396
-03
1887,
Rentals aad Interest
Miscellaneous
644.323
213.032
1,221.129
1,442,138
263,626
203.004
Total Income...
s*JaVaM
937,207
1.484.705
1,700,463
oa debt....
BM MO
609383
7093X0
700,678
2,133
l.-DO
DirountmuHU Mlaftellaneom
Hr2.-iM3
7ll^.l73
Total dlaborsem'ts
7*9.381
704,943
702.175
' 997387
241.321
117,978
779313
i». a« here trtrcn each year, there w.n spent for addition
In lH8rt. •19".ll9; In 18^7, #122.007
,, 8177.l4t:
"
143.43
43.437. 072. 743. 872. 686;; V. 46.
16. p. 220.
-.
\
i7.p l.t- 888.1
rty
(V 13.
|>
Vt7.
: ;-
A wkeellac.—Own* from
ranches to Bellslre,
Lorain, O.. to West
0,6m.
Chartered aa
In 1873. Sold
under foreclosure Jan. 36, 1870. and reorganised as Clerrland Tuscarawas Valley A Wheeling, to February. 1888, rasd sold aad reorganised
aa Clerrland Lorain A Wheeling- Cofflaua stock Is • 1,000.000 and
prefrrrsd •1.600.000. There are also •150,000 1st mort. 6 p. r oeat
boods (Int. J. A J.), doe July, 1893 In '87 gross earnings were *1. 102,883; net, 360.021. In K-16 gross earnings, fiSl 4.337: net. 8257.403;
dlr. 3 p.e. on pref. stojk May 1. *87. See annual report in V. 46, p.
1.
678.
(V. 46, p. 609,
In
1370 and opened
•}«.)
A
Cleveland
*Ialioiilnx Valley,—Owns from Cleveland. O.,
to Sharon. Pa, 81 miles; Nllos, O., to New Lisbon. O., and branohos,
44 miles; total operated. 120 miles. It was leased to Atlantic
Great
Western ta perpetuity from October 1, 1861. A new lease was made
to the reorganised company. New York Penn.
Ohio, till Oct. 1, 1992;
the rental Is 8413.180 per year. Dividends bare l>een paid at Irregular
periods, and amount to 1 1 or 1 2 per oeut per annum. The new bonds
(trustee of mortgage. Central Trn^t t'..... Iti 1---I were for double-tracking between Cleveland and Y*ungstown.-< V. 43, p. 472; V. 46. p. 709.)
A
Colaanbas Railway.—Owns from Hud
son. O., to Columbus, O.. 144 miles, snd hrsnch, KUburk to JanesrUla,
,193 miles. Default was mad* July.
Bold In foreeloaor.
atdara. The eotapaay was raxraolaed under this Utle
The
1st mort. twn.U may be redeemcl after 1890. and
1886.
Jan..
ta
of the gt-n mort. asaMaat wars hasd to retire the firsts. Gross «
'B6.Ti342.9l3; net, •130.332: charge-. •36.838. Gross In '97,
MOjaci. 151.103 :surpluaoTer flzaa eaanrea, 93,90 iTdot of which
paid dlTtdcnd .1 H per scat) rSO.OOO. Repot t for '97 ta V. 46. p. 677.
7-<V. 40. p. 841. 7»T: V. 46. p. «»7.)
sam.-IXae of
rslsn
O.
total.
Mar.
V V r.POf.AUn.Tr.Co
X.Y I'.ntralTr. Co.
A B. N V - - 9»nds A Co.
N.Y.,Un.'aOmce.2WalUi
J
{
.1"
do
A. A O.
Phlla Penn. KR.
F. A A.
J.
13H
Feb.
Jan.
Boa. Inter'lTr.Co.AX.Y. July
N. Y., U. 3. Trust Co.
Fob.
Lake Shore A Tuscarawas Valley
—
leTelaad Ahroa
.V
M.
a.
TThssllac O., 108 miles and
•274.730
Balance, oedct
•174
-(V. 46, p. SS6; V t7, p. 3«5.)
Clearfleld A JesTeraos).— rrosn Irroaa, Pa. (tan
ER to PuDXUtawney oa Bust R. A P.toad.97 miles
tOO.
UM. Stock. •1.000.000; par •30.
.p RkTco.. wbieh
lor 99 years from Oct. 18,1886.
<
7
Cleveland Lorain
•240.440
•8394
Total dlabursemU
.
do
do
Jan.
RtKtinll
tl.t.
Disbar
Int.
1382,000
Interest
»461.tl2
I*
1.000,000
8380300
1,019.277
i
30 >.oo»
3,000300
2.000,000
11.686.400
•536,198
si
•350300
100
1.079,961
Maj
HM4M
1,104341
2.054.000
1,589.000
404.000
500,000
4,701.000
1300
Prior lata boada were tamed for receiver's eaftUaatea. Of Ue drat
mortgace boods. *1. 2SA000 were Issued for the anelaiatl A Baltimore
RR. stock, and bear 6 per cent, tke bslaa re bear 4 4 per oeut and are
(aaraateed by toe Bait. A Ohio Kit. Co. Tae larouk* bnadaolders hare
Toang power. IndeMadaesa to B. A O. RS for soppltas an 1 ooapona
aald assoaated. Dea. Si. '87. with Interest, to »1.973.94\ aad In lag..
TW. Judgment was ecofesssd In far.r of II. A O. (as reported), for
•1.WI0. COO. Report far 1887 waeln Cnaoxicut, V. 46. p. 336
itiMXia AJiD kxrajnaa.
M84
500,000
1.000
1.000
1.000
I.OOO
1.000
1.000
f.
A S.
A J.
J. A J.
6
F. A A.
1*4
Q.-M.
6
J. A J
7
M. A N.
7
A J.
7
A J.
A. I).
7*
A J.
A D.
««•
600.000
11.247.036
do
do
5 Hat
v7*
Dividend.
A
Phil.. Guar. Tr
8.D.C0
N. Y.. J. A. Horsey.
J.
2 '4
(154.000
1-S7
1
!..•.<
o
3.1-20.000
3,905,000
700.000
2.759,200
1873
lie..
3d mortgage
3.000.000
..r
H
gold (833,000 p. milrioEqatpoeat bonds (for 8' 00.000)
Themmiim a SrveasiUs— 1st mort., g*ld,ooup. or rag.
2.V1.000
67
iso
.
o
Whom.
Payable
A J.
l«i
...
6 g. J. A J.
5 g. M. A 8.
5
J. A J.
2
F. A A.
7
J. A J
7
M. A N.
7 or 6 g. J. A D.
««' J. A J.
:a. a o.
1,215,000
10,649,400
t,< 00,000
14.991.6O0
100
Das * Hew Lisbon. 1st mortgage
e*
CUnttand a Marietta.- 1 »t mortgage
car
C Int. * PUfe. -Stork. 7 p. of. guar, by Penn. Ob.
e
4th mortgage mow 1st)
Consolidated sinking fund mort. for 85.000.000 c
ODaatra and eqnlp't Inc. bus., Bar. "A" (B.f.drn.o
do
Bar. " B" i at loo.e
do
OUr. a. L. a Kins. C.i k -1st M. (for 47.0O0.00OI.C
Ooiorado Central- 1st at., new. (415.000 per mil. ic
m
•j.;.).o
100
123
1st mortgage, extended
3d mortg (now 2d)
roast-L
1887
BOO on,
500 4c
|
6
$1,000,000
4.000.000
has)
100
Ml
3rl
IM
.
r SO
I
ixj.;
738
119
391
1
WKttl.-Ci. True.
l->
195
144
195
1 HI
161
par after l?'.>)..i-
at
e^f
Road. Bondsj Value.
page of tables.
A
-laud A Marietta.—Operated from Marietta, O., to Canal
Dorer and btanch, 99 miles, and 7 miles. Valley Junction to Canal
Dover, leased. The Gter. A Marietta was suooraaor to the M., Plttsb. A
('lev., foreclosed ta 1877. The road wassgaln foreclose.! May 5, 1886,
and reorganised, owl 42,000,000 new stock was Issued in June, 1887.
In year ending Jane 30, 1887, gross earnings were 8300.617: net.
* '..1.103 surplus over Interest snd rentals.
834,383. In 1887-3. gross,
swkllln Vaflwy Railroad wss aotTta
y was oraanlae<l with an autborlawl capital •336.310; net, 860.761. A. T. Wlkoff. Pres't., Cambridge. Ohio. It. ft.
H.ooojjoo prof, stock: par 9100. 'n... Caadee, Secretary ami Treas.. 32 William St., V. Y.
tnge the caugn to standard.
Cleveland A Pittsburg. -48s* Hap /Van. KK.)—Cleveland. O., to
iJsn.lMB. BasV. 46, p. Roci. ester. Pa.. 134 miles: bcauohes- Bayard. O.. to New Phlla,. 31
:
f
mm
»k. i9ee
.>•,.
«7.
70.
rCartiutaa a
V. 46. p.
2S8
)
*
...i,.
m kk.
were 370.0477; nst, trT3/J7^
Prom July 1. 1887. to Juae30, 1898 (13
r»«s*»331. s«alnsta3««313
In 1896-7;
«4. 271. 293.803; V. 46. p.
p.
«7. p. 81.)
I'l'lnnstl
•
Intnl..
u
taware,
•as:
Oa.
.
A
Indianapolis. -Owns
IM miles; Gall. .11,0. Indian
to Springfield. O., 50 miles;
A Spring. BR.. SO m.; Lerertag
1.
>
O.,
A
lad.
St. Lotus BB-. IndlanapoUa to
II.. East St.
to Ttrrs Haute. 189
total owned.
a
and operated, 739
ttoo ta April. 1868, embracing the C. C.
C.
as.:
lL
AT
U
H nd
at:
"
OttO.
I
A
tad.
A
Spring.
A
St. t.
RR
RR
_ J A St. L., and maile
Torre HaaU's main Una. The sinking
aawalsaad a udi amy ha saaoalod at option of
.
it-
Yellow Creek to Bellaire. 43 miles ; leased. R<ioheater to IMttaburg
W.
«'.), 36 miles; total operated. 223 miles.
The prormrty was
for 999 years from Dec. 1, 1971, to Penn. RR. Oo., and lease transferred to Penn. Co. May 1. 1372, Rental. 7 per cent on existing capital
and 810300 per year for company expenses, the lessees assuming all liabilities. The 1st ma of the lease were 10 per cent, hut the old stock waa
sulMenueatly conver ted Into a 7 per cent stock by an increase ta amount.
'
The -Inking funds la 1987 redeemed 818P.0O0 consols of 1900
44.000 of series A sod B construct
construction and equipment bonds.
For the year ending November 30, 1887, the gross receipts were
* 1. 130,993, and the deficit to lessee after making all pnymenta waa
27.248, against a deficit of 8322378 ta 1886.
tulles ;
IP. Ft.
A
The gross earnings leased
at
A
at. Louis
Kansas City. -Projected from Alton,
20 miles, and to Kansas Cny, 275 miles; also from St.
Mo., to above St. Charles, Mo, 20
completed from St. Charles
westward. 10 miles. Ti.ls Is the Central Missouri RR. sola la foreclosure aad reorganised. Trustee of above mortgage Is Cent, Tr. ( 'o. A
mortgage has also been authorized for bridging the Mississippi, eto.
<
111.,
I.
leveland
to 6'. Louis,
m
nil-,
Stock
1.
;
•1.300,000; par •100.
-IXes Xap of Union Paei/U) -Den ver to Gulden
miles; Golden to State line, 106 miles; Denver Junction to La Salle,
151
miles; aad Borrow gauge line from (loldento Georgetown, 33
»• abjai ltoijtaa been la 1883, 04*94
in H9I. miles, and Forks Creek to Central at v. 11 miles: leans line from
»l ta UW6. 43Sa73>«; la 1887. 47'*»68; Colorado Junction to Wyoming
State linn, 9 miles; total operated, 329
milea. It la owned by the Union Pacific which holds 84.697,000 of
ly 31. IBh (7 mas.), gross earnings (including
above bonds. The mortgage trustees aro Fred. L. Ames and Jay
S*i<i JfSS'
SS^Lry78 ou>' aaainat l.lal. Gould Of the old 8 per cents 897.000 are yet out. Stook,
H..U1.
:>g..ln«t sl.2-1 ..»;".•.. .lertoit under Intem-t
Gross earnings In 1897. 1..VJ2.974; net, 8614,958; Inaataat saraias of MCLawa la 1887; deficit after •6.230300.
terest, 8336,030; dividend (4 per cent), 249,212; surplus, 849,716.
la
fW13<M. against •333^67.
.roes earnings, i.i >l.21 .. net, 8414,112; Interest, 3:10,030;
nt 1887 was in the CJiaoaicLa (V. 46. p. 410.).
surplus, 879,31 1.
l-roj^r.
>e result, for foar years were as follows
Colorado Tlldland.— f!te» Hnpt Owih from Colo r.wlo Springs to
I -14
I---.
l-i7.
New Ca*tl.-.
miles; Aspen hrsnch, 19 miles; Spring Gulch
branch. 1 ml •«: total computed »pt.,
orado
899339
797,679
•91340 Springs
latUM
connection
la
made
with Denver and Pueblo over the Denver .k
3.MH.-7.I 2.171.863
3,170 Vii
1-6^63
KXl.l-i.l Santa Fn road, which has Just beeu oonsiructed In the interest "f the
194,160
Atchison Topeka A Santa Fe. The mortgage Is for .86,200,000, sad the
••t.)
4
•(... k Is 8-4300.000:
par, 61 0. See abstract of mortgage (Oentrat
3.910.931 Trust Company of N-w Y -rh trustee), ta V. 43. p. 54a (V. 43, p. 304.
l.ll'i 111
V. 46. p. 289,>..
:
Colorado Central
lfl
;
:
1
'.
1
I
M
.
.
.
•
',
44
INVESTORS'
SUPPLEMENT.
[Vol. XLVI1.
L
1
:
8EITEMBKR,
1888.
suhvrlbm
RAILROAD STOCKS AND BONDS.
]
1.1
confer a frati favor by giving Immediate notice or aay error discovered In th*»e Tables
Hnndt— PrinciINTERE8T OR DIVIDENDS.
Date
pal. When Due.
Amount
sec
of
headings,
note*
ot
Pm
Rate
per
When
4c.,
Where
Payable
ana
by
Slocks— Last
Fior explanation of column
Road. Bonds rata*. Outstanding
Payable
Cent.
Whom.
Dividend.
on first page of tables.
w/ill
^
PEsranriQN.
,
Oalumb
noticing Valley
Gen. M..
g..
CoL 4 H.
on road
*
m
-iOotMnutd)—
Coal 1 RR. Co
c
3W0.OO0 by Trees.) e-|
Toledo
4 Hocking
V. 1st M., (reg.
121
118
89
i
.
lstmortgage
c'\ Peon.
RR
.
..•
(roar's lease.
c
Ooneoni d VUurtmumt— Bonds
Oavword s? For*.—Stock. 7 p. c renT, 99 yrs. Co»c'd
Ossm. d Pmsrum .—Stock, 6-6 p e rent 99 yrs, B. A
Mortgage bonds
Masmawippi sfk. (roar, same dlr. as Conn.
4
~
do
Conn. 4
bonds, guar, by
"
Newport * Rlchford bonds,
boi
guar, by C. <k P ..
ifhila.f— 1st mortgage, endorsed.
i
I
..r
sf
.
ft.
H
mortgage
•e-
M
Wayne * Ck.— 1st
I860
141
71
1874
1871
1873
10.)
1881
l<-:i
1883
1866
vm
too
081.000
1.250.000
1.300.000
1,000
1.000
803.500
800.000
so
1.777,850
5i>OAc.
"so
7i 100 4c
1880
i'oo
1888
364
i
June
Nat. Bank.
,
do
do
do
do
do
do
do
do
Oct.
i
Jan.
1,
1,
1.
1904
1897
1888
9ept.l9004'05
|
May
10.
1910
Row Sept. 1, 1901
Columbus, o., Treasurer Sept, 10, 1998
at .v I N. Y., Am. Exch. N. B'kl Sept. 1, 1890
M. 4 N. Bo8t4Manohe«ter.N.H.! May 1, 1888
1 894
J. 4 J. Boat., Treasurer's office
J. 4 J. Bost-AManchester.N.H.i July, 1888
V. 4 A. Bust Safe Dep.4 Tr Co. Aug. 1, 1838
April 1.1893
A. 4 O.
do
do
K. 4 A.
Aug. 1, 1888
do
do
.1
do
Jan. 1, 1890
J. 4 J.
J. 4 J.
d8
do
Jan. 1, 1911
Q.-J. Boston. Springfield. 4c Oct. 1. 1868
M. 4 B. Phlla., Peun. RR. Office. 1900-'l-'2-'3-'4
M. • X Phlla. F. I.T. 4 8. D.Co. May 1. 1898
M ,v BL N.Y (ireen 4 Biteman. Sept. 1,1915
>l. A
v March 1,1891
B
M..v l. 1*:U
M. 4 N.
do
do
Oot. 1, 1888
0.--J- Phlla. and Carlisle. Pa.
A. 4 O. Phlla.. T. A. Blddle4Co. 1004 4 1908
M i 8.
Pall idcli.hla.
Mar. 1. 1900
New York and Daiilmry Aug. 15, 1888
J. 4 J. Bridgeport, Hous. RR. July 1.1890-02
.I..
July 1, 1920
do
J. 4 J.
A. 4 O. N. Y., Bsnkof Republic. April 1, 1925
S Bost.,3 Merchant..'
,
6
8
8
t;-.-..i).><)
;
Y Chase
I
6
6
870600
1-7.)
7l>-
5
2
1.000
l.noo
1
M •
35II.O.IO
100
uei
i
600,000
400.000
100.000
L*
15.'
5
7
6
ma
|
i
Valley. 17 miles; Nashua \nton 4 Boston, 90 miles: total operated.
Ill uiilesL In Aug.. 1888. two suits for sums amounting to 81.100,000
-Mtuted against this
oompany by the Manchester
and Manchester 4 Lowell companies.
Plaoal year anils Maroh 31. Annual
4
Lawrence
report. In V. 46. p. 677.
ikcomk aooooht.
li-l -'..
81.100,864 61.071,963
8452.573
8408,879
Oroas earnings
Net earnings
DIsonrsssisMfs
Rentals
1886-87.
1887-88.
81.161.847 81.131.416
8479,475
8302,804
8113.319
37.7A5
104,091
1 50.000
8112.532
88 r7J
159
150.000
8113,003
87.380
178.074
150.000
839,700
Taxes on stock
Improvements, 4o ...
DlTidemta, 10 par cent.
by PennsTlvaois KB. Co. as
Total dtshursem'ta.
oatkrae month.
Snrplos
840A.165
81.214
8461,718
MTaVOM
8361.778
81,086
"
>
.
saU.—Owns from
I
2,500.000
1,500.000
400.000
400.000
X.
A.
34
24
7
34
:i.'>o,ih)0
CM,
J.
5
7
500,000
1.000
1,000
J.
V
1,500.000
100
1870
4 D.
4 O.
4 J.
Varum*
M. 4 N
7*
7
7
7
7
no-.', ihh)
l.lXx)
50
500 4c
100
100
and Anderson. 21 m; total 164 m. Also owns Laurens BR..
Me Ridge RR.. 89 m.. and Baartanburg Union 4
81
396 miles. The UreenvlUe 4 OoL road
GM.aUL.6Bm. Total operated,
,
• •old In for. closure April 15. 1880, and reorga n isa t ion was made
Picferred stuck. $1.<)00,000; common stock. 81. 000lis name.
000; par of shares floO; certificates of lnde>.t-lnes..-uistan ling 6161,sjortiv of the stool was held by the
778; due R. 4 D
Richmond 4 West It. Terminal Co., and la May. '86, the road was lraaed
mos.i,
totas Rich. 4 Daav.RR.Co. Promt'
ross earns.. 8577,646. against fOO§134,741. Is year ending Sept. SO, 18«7. st.hu earnings on all lines
$S60A»*; net, 8102,364; latenst and rrnta:
81394(12.
JM. In 1889-6. graasaarnnics.86U.831: not. (ill *iS1.418 ; daf. SS6e586. iV. 4". p. 699
•
1,584,000
1,000,000
1.7-6,200
l.iXNJ
to Abbeville
4 Part
777.000
3.100,000
1.000
Columbia 4 Ureeanlle (8, G.)-( *m Map of Rlek. d W. P. Tana)
—The company owns from Colombia to (Ireen rifle. 8. C, 1 4 m.; branches
tbla
81,878,006
1.401,000
5004c.
1,000
1.000
50
1J5
52
24
37
Pennsylvania. 1st mortgage, gold
* Nov.—Stock. * p. c. gu.99yr>.
gu. 89 y rv. Hmi* UK
1st
stand
and 2d to
mortgagee
duejuy 1.1892).e*
t
I
Consolidated
ral
46
66
65
a-*
:t-
•
'
ISM
loi
.0*
*1.0.K>
•7.S---0
47
147
110
37
37
22
80
7
78
«r
ann-iss—
i»-Debentures
> 4 Macaw- 1st M.. gold |«2."00 per m.)o
Oambtrtand d Ptntfytaania 1st mortgage
2d m.. sinking fund, (guar.) e.tended In 1898....
O-moertand TaUey-Stoek (8484,900 Is preferred)
i
1884
1867
1-7J
121
c*
I'oLaH.V 2d mortgage bonds
c"
Col. 4 Toledo, 1st Aid M (IstM dueAug.,190
B*
Ohk>4W. Vs., 1st M.(s.f. 615,000)
Ooltmbus Bpnna/lftd d OinHnnati- 1st raort
Otumbus a Xrnio-SUKk f 8*, p. c. r'l P. C. ASM.;
Colombia, Pa.,
39,168
188,810
150 .1)00
to Port
party. Rental, net earnings. Rental In 1887. 861
iler charges.
r charges. 870.103; la 1886 rental. •> 1.107;
847.782. Capital stock. 8487,100, oar 850: funded dabt, 81Js«9wOOO,
and Boating debt (coupons) 61.004.990 la 1886.
61.037
—tV. 40, p. 617.)
4 Clarenaont.—Owns from Concord to Clarmaoat,
56 miles; bra'
H-ookvllle to Hillsborough. N. II.,
leased
-Peterooro 4 HlUshoro BK.. 19 miles;
IS miles;
nlles; total operated,
Colnaabos 4 Cincinnati Tlldland. Uoe of road. Columbus 89 atlles. CaplUI stock. 8118.400. The laaaa to tbe Boston 4 Lo well
O., to Clinton Val..O., 71 m. Oaanaala Nor.. '81. Block, 83.000.»00. RR. having been held Invalid, this road was operated Indepenl nily
The oompany has a 50-years traffic sgreemeat with the Bsltlawre 4 until Nov.
--7. when the Boston 4 Maine began to operate It under
Onto aadCln. W. 4 Bait, can panics, dross earnings la -1 486, 8330.250 ooitract with Northern RR. (V. 45, p. 96).
" nat,
6112.795. In 1—7. srass. 8340.121
net. 8l2r
8128.666: daf.
Concord 4 Portsmouth. —Owns from Portsmouth. N. H., to
1.334. Orland Smith. Prea., ClncinaaU. Onto.
ftzed charges.
Manchester, N. II.. 404 miles, and branch to Suncook. 7 miles. The road
\«llc| A Toledo. Own, m»ln line waa sold to first mortgage bondholders In 1857. at. 1 teased to Concord
« ..In.
i.
II... kin::
from Toledo to Posnnrwy. 956 miles; bran ches Logan to Athena, 96 KR. in 1869 for 90 years. Lease rental Is 895.000 a year, which given
Logan to Mew atrallaellie, 13; Monday Crack Junction to XeUonriUc. 7 per cent a year to present stock holders. There la no debt.
'hers, 13 total. 32S.
Connecticut 4 Passu ropslc. -Owns from White River JuncttoP,
This was a unuslkhilhwl In July. 1881. of the Columbus 4 Hock
Vt, to Canada Line, 110 miles; teased, Massawlppl Valley and branch
tag Valley. Columbus 4 Toledo, and Ohio 4 Vast Virginia. Of the tCaaada), 87 miles; total operated. 147 miles. The lease of Massawlppl
consolidated mortgage 86,500.000 was lissaj I ail to meet the prior
Railroad Is at 6 per cent on bonds and same dividends as are paid oa
Bans: the "Hocking Coal 4 RR." Joined la making these bonds. The the stock of the
leasee Prom January 1, 1887, this road was leased
Central Trust C«>. cfNew York Is trustee. The gene si mortgage
to the Boston 4 Lowell for 99 years on a basis to pay 0. 4 P.
•overs the road, and Is also a asnrtgnga oa the anal property of the stork 5 per cent
snnum for tea rears and 6 par coc
-Hocking <oal A KR. Co ." whose stock U owned by tha C. IL 4 T. The la Oct.. 1887, the per
B. 4 L carrying this road, was Teased to Boston 4
aVrWoaal bonds originally bad sinking funds, bat upon l-su» of oonaol. Maine
mort. of 1881 arokiag fund \ synxnts ware discontinued
4 combination waa made la 1885 with the reorganised Ohio Central
Connecticut River.—Owns from Springfield. Mass., to South Ver>
tar which the company went under one management, as per the circu- noo, Vt, 50 miles; branches, 6 miles; Ashuelnt RR., South Vernon,
lar In V. 40. p. 59? and tbe C. 4 II. V. guarantees the Interest on the Vl.. to Kc.
miles; total operated. 80 miles. Consolidar.4<>. c. in mortgage bonds.
tion with the Ashuclot RR. took pla-e m Msy. 1899. In year ending
Rsnur
>t.. k prices since 1884 has bean: In 1885. 18943. In 1896. Bept. 30. 1887, gross earnings
12 net Income over rentals
n 1(87, 15»39\: In 1888,110 Bap*. 31. Inclusive. 17 aS6V
.i
Utarsat, |gl8J>M
98, man, 8879,344; sat usooass,
Annusl report for 1887 In V. 46, p. 351 Income for four yean was as 821 >,S51. Pays regular dividends on stock snd has no fundi-l
follows
hut notes payable Sepi
-150,000. (V. 45, p. 572. 791
V.
Concord
1 ,
1
::
!
,
.
.
.
;
'
f
;
-
,
;
moons
;
Accotnrr.
MM
i--i
Mutipt—
8
1JM2^78
Oraas earnings
Vet earnings
8
46,
lasM
8
2.361.103
001.819
7.311.003
977.J06
m>
977e300
978,010
88teV)4
twsjpte
866.169
MUeel «<.«.
Total raeatpu
..
601.
Dlsasi rsi rsissifc—
Int. -n i-l*. A. .r'r.
Inc on Ooai-g debt..
Int. to Pa.RR.nn I'se
68J514
•81J77
-<V. 45.
p.
Connecting (Philadelphia).—Owns from Mantua Junotlon to
Prankford J
Hug link In Philadelphia to the West and South. Leased to Phil. 4 Trenloi for 999 rears,
that
by
•nd
with
opcrai«d
Railroad.
road
Rental 8139,Pennsylvania
993.684
atiltal stock (par 850)
B8U89 993. wb'oh pays 8
and Interest oa 8091,000 funded debt. The bonds are Issued In series
snd l>. maturihs respectively in liKK>'l. '3. '3 snd '4. Pcnn. RR.
1,032,169
owns 61.377,700 stock.
9
ARC
979,557
84,018
845,151
1.031
870,848
or. 6.704 daf. 53.078
iff Tiff.rti
snr. 9,935
299. 866: V. 46, p. 74, 103. S< 1 . 677 : V. 47. p. 50, 200. 353 )
Columbus SprlngSeld
< luclnnsll. -Owns rrom Colnrabus.
Ohio, to Spnngneld, Ohio. 4
,na Blooudngton 4
8/swiern 'em.lnateri V
-18, and nssd has since bceu been
flsaratad hr t.1n.-innatl Sandusky 4 Cb- velaud.
Capital .tock. 81.000.000, par 6.V) Irivl I. nd of 5 par cent waa paid Aug. 6, 1888. out of
judge cut against In liana Blooralngton 4 Wes.ern. (V. 47, p. 108.)
4
4
I
bate
Xenln.-Owns from Columbus. Ohio, to Xenla, Ohio,
l«_o,»rsted ss a division of the Little Miami, and Is leased
»*»** "•»* '»aa., I860, In rrma satlaa road with that to tbe Plttsametmnni 4 *. Loua, which pays 8 per cent on stock sod profar tbe I
is.
pbs lease Is guarantee,! by the Pennsylvania
owns 8365.100 stork. Tbe failmobus 4
P" 7.", *S "•* ••* »lTVto9<1 P* aanam; -»i s par sent Maroh 10
10 sod V per cent June 10 and Dec 10.
,M
H
i
T^* -0*!*
«•» to Nashua. N. H., 35 miles
"!%Bfr2^a1, toUl owni4 W nto«: lenses-Concord 4
7 miles; M aoa h astsr 4 North Wears. 19 miles: Sonoook
*J*" Cknwor'1.
;
MO.)
2.59^.583
18,750
T..t
p.
18kf7.
Corning Couraneaque
4
Antrim.— Owns from
Corning, N.
Y
,
to Antrim, Pa., 53 miles; branch, Lawrencovllle to Harrison Valley,
Pa., 32; total operated, 85 miles.
Consolidation (January, 1973)
of the Blossburg
Corning RR. and the Wellsbom RR. Juno 1, 1874,
the Oowsaesn oe Valley RR. was absorbed. These lines are leased to and
operated bribe Pall Hr.-.k Coal Co.. together with 7 miles owned.
Knntal 8150,000, equal to 6 per cent on common stock and 13
on preferred stock ; dividends paid quarterly. Maroh 31.
i»t cent
e
com., 61e5OO.OO0, and prrf.. 850O.000-, par 650. The coal line of
Phlla.
Reading and M. Y. Central Is over the rood of this coinpanv,
which jointly guarantee the bond- of the Pino Creek Railroad
Company. Earnings In 1HH.VS6. S614.688: net, 8202.204; r.-ntal
ngs In
0. 44. R It.. « 1 50.000; surplus to lessee. S52..
ntil paid C. C
A. #150,000;
1886-87, 66.
surplus to lessee. *
178
Uoorge J. Magoe, Prest, Watklns. N. Y.
4
4c
Kank—
4
4
i
.
4
Covington
Tlacon.— Owns from Maenn, 0a., to Athens, 0»..
106 ndleM. Ilonds are Issued at the rate of 812.000 p.-r mil-, and
capital »lo.'k *lt, O.) per mile. Douglass Green. 78 Broadway, N. Y.
City.. Is
laPres'fc-lV. 40. p 173.)
_
Cumberland 4 Pennsylvania. -Owns
from Cumberland ,Md.,
nt. Ml. an,
lo Pled
atvnral braiichns, 55 miles. It Is owned ana
operated by ('<
Ildatl.m Coal
guarantee* second mortgage.
|
i
CnmherUnd
...
Valley.—Owns from Harrialiurg, Pa., to
Potomso
•
River, Md., 82 miles; leases— Martlnshiirg 4 Potomac RR, 12 miles;
DillsburgA Mcohanlcsliiirg RR., 8 miles; Southern Pennsylvania UK.
S3 miles; controlled, Mont Alto RR, 18 aulas, but accounts kept asp-
—
*
;
;;
SUPPLEMENT.
INVESTORS'
46
[Vol.
XLV1L
Subscriber* will confer a great faror by ulvIng Immediate notice of any error discovered In tbese Tables.
Bonds— Prinel
INTEREST OR DIVIDENDS.
DESCRIPTION.
pal, When Due
HUM Date Size, or
Par
of
1*3
of
fBraxpluii.illcin or column headings, jcc, see note.-.
Omst'i'SShw R*p^JT"
V> r when W" 6™ Payable, and by Stock*— Last
Outstanding
Payable
Whom.
Road. Bonds Value
Dividend.
on rtrst page of tables.
%
—
141
141
142
142
guar.C. H.AD.).
<t Uieh.-Cova.. stock (3>s
Preferred stock, (8 percent, guar. C. H. * D.)
3d mortgage, to be retired with consols
Consol. mort., guar, prlne'l A Int. by 0. H. A D. o
Dayton
Toledo Depot 2d mortgage
Dayton <t Union— 1st M., sinking fund (not drawn)
..-.Income mortgage bonds
Dayton it Western— 1st M., guar. L. M. andC. A X.e
"32
"37
100
85
31
27
4
886
288
Deijware-Stock-6 p. o. guar, till *98, f.W.iB
Mortgage bonds, convertible, guar. P. W. A Bo*
Del. «* Bound Br.—Stock— 8
1st mortgage
1st moit. on Trenton Br.,
Delaware Lackawanna
<t
% gu.,
Phila.
A Read
:•-.-,•••
2d mort. ou main
Western— Stock
line r
Consol. mort., on roads Aequipui't, ($10,000,000)
Plain bonds (not mortgage) convertible
Del. ilan/land <t Va.—June. & B'kwater— 1st mort
"44
44
c
Juno A Breakwater, 2d mortgage
Breakwater 4 Frankford, 1st mort, to State
c
mortgage
Worcester Railroad, 1st
Denrer <t Rio atandc—8tock ($45,500,000)
($23,000,000)....
Pref. stock, 5 per ct.. non-oum.
*
c
1st mort., gold, sinking fund
.0' Ar
Consol. mortgage, gold (for $ 2 ,000.000)
Improvement moitgage ($5,000 perniile) g..c-Ar
1,461
1,461
Denv.it R.Qr. West.— 1st, g. ($16,000 p.m.),cp.or reg
Coup, certs, (see V. 41, p. 273) pa; able a , will
Denver South Park dt Pae.— 1st M. gold, sin king fd.
Cons ol. mort. gold ($17,000 per mile)
iso
•
. .
'
Tex. d Ft. Worth—1st M. ($20 0(0 per
Denver Texas d Ou//— 1st M. ($20,000 p.
Denv
m
m
)
. .
.
ilej.c
o
Ar
19
35
$50
50
1871
1869
1881
1864
1879
1879
1864
1875
1,000
1,000
1,000
1,000
1,000
25
500 Ac.
1875
1879
50
1877
1872
1860
1879
1873
1876
1,000
1,000
500AC
100
100
295
1.468
1.468
370
23,650,0(
187C
1886
1883
500.SC
1881
1,000
500&0
5(.0
1885
1,000
1876
1,000
1880
1.000
1887
1887 l.OOOAo
225
138
arate ; total controlled and operated, 143 miles. Owns or leases sev
eral factory roads, in all about 43 miles. Of the stock, $975,800 com
mon and $237,200 prelerred is owned by Penn. RR. Co. Large advances
have been made to branch roadF.
In 18*6 gross earnings on the main line were $733,708; net, $185.685; inlS87 gross earnings, $774,476; net, $187,051; surplus over fixed
charge', $165,41 1; dividends (3 per cent), $142,228.
Norwalk.—Owns from Danbury, Conn., to Wilson
Danbnry
Point, South Norwalk, Conn., 26 Ia miles; branches to Ridgeflcld and
Hawleyvillc, together 10 miles; total operated, 36>a miles. In July.
1886, a lease of this road was made to the Hous atonic for 99 years, the
lessee to pay interest and 5 per cent per annum on stock.
A
$2,403,171
1,211,250
351.000
2,324.000
53,000
224,000
172,000
495.000
1,553,714
642,000
1,742,000
1,500,000
242,000
26,200,000
3.074,000
600.000
400,000
250,000
200,000
400.000
38,000,000
6,382.500
25,521,000
3,000,000
6,900,000
(»>
1,800,000
2,925,000
(!)
3,000,000
A O. N. Y., Winslow, L. A Co Oct., 1888
do
do
Oct., 1883
A O.
do
do
Oct. 1, 1888
5
do
J. A J.
do
Jan. 1, 1911
7
M. A S.
March 1, 1894
do
do
7
J. & D. N.Y., Am.Exoh.Nat.Bk. Dec 1, 1909
6
After 1910
J. AD.
6*7 J. A J. N.T., Bank of America. Jan. 1, 1905
3
J. .v J.
Dover, Co.'s Office.
July, 1888
6
J. A J. Phil., Fid. I.T.A.8.D. Co. July I, 1895
2
Q.— F. Phila., 240 So. Third St. Aug. 15, 1888
7
F. A A. Phila., Guar.T.A S.D.Co.
May, 1905
6
M. A N.
Philadelphia.
May I, 1899
1%
Q.—J. N. Y., 26 Exchange PI. July 20, 1888
7
M. A S.
do
Sept. 1, 1907
do
7
J. A D.
do
June 1, 1892
do
4
J. A J. Phila,. 233 So.FourthSt
1890
4
F. A A.
do
do
1899
4
J. A J.
do
do
1898
4
A. A O
do
do
1396
iVaIHb J. 'a" J, Office, 47 Wm. St., N.Y. Jan. 12, 1888
Y., 4th National Bk. Nov. 1, 1900
7g. M. A N.
J. A J.
do
do
Jan. 1, 1936
do
do
June 1, 1928
5* g J. A D.
M.
A
S.
4th
N.
Y.,
National
Bk
Sept. 1, 1911
g
M. A S.
i
do
do
Sept. 1, 1895
M. A N. N.Y., LondonA Frankft May 1, 1905
7
J. A J. N. Y.,Winslow, h. A Co. Jan. 1, 1921
6
M. A N. N. Y., Mercantile Tr.Co. Nov. 1, 1937
5
5g- A. A O. N. Y. Co.'s Agency.
April 1, 1937
1%
A.
2
7
A.
Q.-J.
tT.
-
-
<r.
EARNINGS AND EXPENSES.
1885.
1884.
1886.
1887.
i
£
9
Gross rec'ts all sources.. 31,311,992 31,091,677 32,342,865 39.84S,857
Operating expenses... 23.003,147 23,221.572 24,954,413 30,691,000
Betterments, equip., Ac.
385,033
443,182
164,029
810,061
ifi
Total expenses
23,393,180 23.663,754 25,118,462 31.501,061
7,918.812 7,427.923 7,224,103 8,311,796
Net receipts
INCOME ACCOONT.
1835.
1884
1886
1887
7,427,923 7.424,403 8,341,796
Interest
and
rentals
5,187.089
5,186,711
5,203.419
Iron
Dayton Fort Wayne A Chicago.— Road from Dayton.O.,to
ton, 162 miles (the former Dayton Jr Ironton road); Dayton, O., to Del
2,805,4fl0 2,210,834 2.037,692 3,133.377
Balance, surplus
plios, 96 miles total, 258 miles, and projected 43 miles from the main
Dividends
2,696 000 1,965,000 1,814,000 1,831,000
Tine to FoitWsyne. This company was formed in June. 1887, by eon
of
dividends
Rate
8
7 1*
7
7
solidation of the Dayton A Ironton and the Dayton & Chioago by the
Ives party. Slock authorized, $15,00(',000. It was proposed to issue
Balance
after
dividends.
709,490
275.334
203.692
1,301,377
$4,500,000 boi ds. In March, 1888. R. D. Marshall was appointed reGENERAL BALANCE AT CLOSE OF EACH FISCAL VEAR.
ceiver, and receiver's certificates foi $369.1 63 issued. E. Zimmerman,
Assets—
1384.
1885.
1886.
1887.
President, Cincinnati. (V. 45, p. 13, 53, 768 V. 46. p. 102, 320, 371.
Net receipts
7,918,813
5,113,322
;
;
Ac
Michigan.—Owns from Dayton, O., to Toledo, O., 141 Stks and bda.own'd,
cost.
Leased May 1, 1863, in perpetuity to the Cincinnati Hamilton A Net cash and cur. aso'ts.
Dayton
miles.
$
RR..nuildtng',equipm'nt,
448,738.)
ooal lands,
A
$
$
$
31,250,418 31,508,047 31,496,431 34.669.226
5,449,713 5.374,918 4,770,654 5,735,779
*527,121
"337,562
*697,33l '1,037,985
1,049,714
941,372 1,221,174 1,216.976
Dayton. Lease amended January 23. 1870. The rental is the interest Materials, fuel. Ac
and sinking fund of debt, and 8 per cent on preferred stook and 313 per
cent on $2,128,600 common. Of the common stock only $2,128,600 is
Total
41,276,965 41,181,899 41,335.590 427>39,966
fuaranteed 3H by C. H. A D. Profit to lessee in 1883-84, $161,990
Liabilities
884-X5, $196,387; 1885-6, $215,219
1886-7. $276,562; in 1837-8, Stock
26,200,000 26,200,000 26,20 1.000 26.200,030
$363,933. Due lessees for advances, March 31, '88,. $7 14,475. The Fundeddebt
4,041,900 3,674,000 3,674,000 3,674.000
lessees held $1,399,273 of the common stock, but sold it in June, 1887.
Surplus account
11,032,065 11,307,891 11,511,590 12,815,966
Dayton
Union.— Owns from Dodson, Ohio, to Union City, Ind.,
32 miles; leases Dayton to Dodson, 15 miles; total opeiated, 47 miles.
Total liabilities
41,276,965 41,181,899 41,385,590 42,639,985
The Greenville A Miami RR. was sold out Oct. 30, 1862. ind re-orgau,
* Net balance between liabilities and assets.
lzed as now Jan. 19, 1863. Operated by trustees sinoe December 23- -(V. 45, p. 212, 643; V.
46, p. 133, 201, 253, 610; V. 47, p. 161.)
1871. Capital stock, $86,300; par, $50. In year ending Oct. 31, 1837,
Delaware Uiuj laud
Virginia.— Road extends from Harringgross earnings were $174,493; utt, $76,898; surplus over charges, ton to Rehoboth, Del., 44 miles;
Georgetown to Franklin City, Va., 54
$4m,259.
miles total, 93 miles. In July, 1885, the oompany passed into control
Dayton
Western.—Owns from Dayton, O., to State Line, Ind., of the Phila. WiL A Bait. RR. and became part of trie Penn*. RR.
37 miles, and leases 4 miles to Richmond, Ind. Leased in perpetuity system. In year ending Oot. 31, 1837. gro*s e*rniuga were $163,253
from Jan. 1, 1865, to Little Miami, and carried with that road in the net, $10,850; deficit under interest,
$38,853.
general lease to the P. C. A St. L. The lessees are virtual owners and are
Denver
Rio Grande (3 feet.).— (See Map) -O.vns from Denver
answerable for all obligations. Of above bonds $32,000 are 7s.
City, Colorado, via Pueblo, Salida, Uuunlson, Montrose and Grand
Delaware.— Owns from Delaware Junction (P. W. A B.), Del., to Junction, to the western boundary of Colorado, whore it oounaots
Del in ar (Mil. Line), 84 miles ; branches, 16 miles total operated, 100 with the Denver A Rio Grande Western, to Salt Lake City and Oglen,
miles. The Dorchester A Delaware and Queen Anne A K. railroads making the distance from Denver to Ogden 771 miles, and from Puelilo
now operated by P. W. A B. RR. The Delaware Railroad was opened to Ogden 651 miles. Branohes run to Leadville, Dillon, Rod Clitr, Crested
1855-60, and is leased for 21 years from 1876 to the P. W. A B. Butte. Silver Cliff, Chaffee, Aspen.Ouray and Hot Springs; also from Paeb
Co. ; rental 30 per oent of gross earnings, but stock must have 6 per lo to Silverton, via Cuchara, Alamosa and Durango, with branches to El
cent. In year ending Oct. 31, 1886. gross earnings were $671,738; net, Moro, Espanola, Del Norte and Wagon Wiieel Gap; totai Jan., 1333,
$201,522; interest and dividends, $130,734; surplus, $70,517. In 1886- 1,461 miles. Small branches since completed. Tlie standard gauijo and
87, gross, $736,035; net (30 per eent gross earnings as per agreement), road with third rail will soon exoeed 50 J miles.
$220,817; Inttiest and dividends, $131,550; surplus. $89,267, of whioh
The former D. A R. G. Railway was foreclosed under the oil consoli$1)3,748 was repaid to lessee as per lease. Sinking fund Oct. 31, 1887, dated mortgage, July 12, 1836, and sold for $15,000,000. Reorganizaamounted to $41,310.
tion was made under the title of Denver A Rio Grande Railroad Co.
Delaware
Bound Brook.—Owns from Bound Brook (Cent, Of he $42,00O,ijO0 consol. gold bds. (U. S.Tr. Co., trustee) authorized,
of New Jersey) to Delaware River, 27 miles; branch, main line to $6,382,500 were reserved to retire the old bonds whin due and $6,900,Trenton, 4 miles; total operated, 31 miles. In connection with Central 000 retained for acquiring the Denver A Rio Grande Western or to
of New Jersey and North Pennsylvania forms a line between New extend the Denver A Rto Grande to Ogden. Of the $15,500,000 comYork and Philadelphia. In May, 1879, the property was leased for mon stook, $7,500,000 to be held to acquire the Denver A Rio Grande
990 years to the Philadelphia A Reading Railroad Company— the lessee West' rn, or to build the line to Ogden, and $4,350,000 of pref. stock reeaylng Interest and 8 per cent on stock after May, 1883. Gross earnings served for the same purpose. The preferred stockholders have the right
In 1887, $764,566; net, $407,159; surplus to lessee, $149,279. In 1888, till 1891 to eleot two-thirds of the direotors, unless dividends are paid
fross $736,110; net, $397,829 ; rental $257.,880 ; net profit to lessee, out of net earnings for two full years on the preferred stook, aftui' which
the directors shall be chosen by all the stockholders. The dividend on
in
Delaware Lackawanna Western.— (See Map).—This company preferred stook paid for 1887 was 3% per cm: la oish and
operates under lease an extended system of roads In New York, Penn- 5 per cent scrip. See abstract of consolidated mortgage ln Chronicle,
228.
V.
47,
p.
sylvania and New Jersey. Owns from Delaware River (N. J. line) to New
In June, 1888. the Improvement mortgage for $5,009 par mile was
York State line. 115 miles; branches— 3cranton to Northumberland,
80 miles; Greenville to Winton, Pa., 8 miles; to Storrs, 3 miles; Junction issued for laying third rail and other improvements; trustee, U. S.
to Keyser Valley, Pa., 5 miles; leased lines in New York—N. Y. Lack. A Trust Co. (See mortgage abstraot In Chronicle, V. 47, |p. 229.)
The range of stock prloes since reorganization has been: Common in
Western RR, 214 miles; Cayuga A Susquehanna RR., 31 miles;
to Sept. 21,
Greene RR. 8 miles: Oswego A Syracuse Railroad, 35 miles; Utiea 1886, 14%®35^i (ass. paid); ln 1887, 20^932%; ln 1333,
Preferred In 1886, 53%863''e in 1887, 52 7s^33 '8; in 1833
15323.
Chenango A Susquehanna Valley RR., 97 miles; Valley RR., 12 milesto Sept. 21, inol., 44955.
controlled and operated—Syracuse Blnghamton A New York, 81 miles
The first annual report of the rresent oompany was iu the CiirO'Iiclb
leased fines in New Jersey— Chester RR., 10 miles; Morris A Essex, 118
V. 46, pp. 572 and 574), giving full accounts of the operations and
miles; Newark A Bloouineld, 4 miles; Warren RR., 18 miles
Sussex, 30 status to Deo. 31 1387.
n lies; Passaic A- Del., 11; total operated, 884 miles.
From Jan. 1 to July 31, 1888 (7 months), gross earnings were $1,226,iWa '-ackawanna & Western formerly paid 10 per oent on Its
.^
K.
691, against $4,233,706 in 1887; net. $1,230,210, against $1,697,975.
D,,t ,n tn e duU tnies 1876 to 1880 no
dividends were paid
in
a^*o
.
Earnings, expenses, Ac, for four years were as follows:
881 6 *
1962 ' 1883 ' a° d 18 ^4 8 ln
1834.
1336.
1387.
'
1885.
1885,7^ InTsso™ iulHI" 7
oper. Dec. 31...
1,462
1,317
1,317
1,317
been: 1871, 102®111V. 1872. Miles
*
S
m
S
8
9
1
088112 *: 1875 106?i»123 1876 Total gross earnings..
?!-!
MSSi
7,933,419
6,119,051
5,552,103
6,738,077
1 ^*,* 1 a,61,8; 1879 433,9i 1880,
68>i
• llodMSRi
in7»i°ii
^Irio
4,742,01
3
Operating
expenses
3.935,273
4.227,417
3.758,530
8
16>4»15q>4; 18H3. Illia3131i9; 188 1,
- J86»i»l83% in
3,241,370
Net earnings
1,793,573
2,183,7sl
2,510,660
139 >,; In r
41,9 9 7
34,401
67,227
46.719
Other receipts
ep< rt for 18s7 was lu Chronicle, V.'46,
L The repi
p. 253.
Total income
1,827,974
2,251,007
2,oo7,405
3,283,037
—
;
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IM
RAILROAD STOCKS AND BONDS.
INVESTORS'
I-
SUPPLEMENT.
[Vol. XLVII.
Georgetown
DENVER?
^o JV,\
FRISCO
BRECKENRIDGE
3c°-T
^«S" Ac,(1 " V^
1
Eagle Park*,,C<-
MtU-ru-lVA?
Tennesisic P;<s:sU
Baileys «•
nrane Parky
O^Plnteau
„o*%*
*L"
*//
i
Af«hcroft
.
PnlmfT T jflfi-
iHnyden
Gothic//
Jn(ftr<i'-i!<-
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9*
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AurorA
9
VV^-a
.
Jacks Cabin
t'f'L *»»ta
**
feV%
^
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WEST
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/
CUFF*
Colorado^-—-—.
SPR,NGS
T
$
,
°B<J»
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t&OURAV
Burii,
'"i
*
OpWr
s'.lverton:
raccdli'toilJ
K;aVsiaing#^s /|
1/
A^^r-V*^''*
RAILROAD STOCKS AND BONOS.
SKFTUora, 188&]
•
19
Subscribers wtll cooler a great fa»or by string leaanoxUate »oUca of any error discovered In theae Table..
Hmult— Princl
INTRRE8T OB DIVIDENDS.
DxTaCRIPTTON.
pal, When Due.
Mile* Date Site, or
Amount
Bate per When Where Payable, and by Slockt— Last
,.f
of
Par
explanation of column headings, Ac, aee note*
Dividend.
Whom.
Bond* Value. Outstainling Out. Payable
on Unit page of tables.
i * Ft florf«e— 1st man., coop.. guar
". B. I.
I
A P.
let mortgage, lncom*. guarantoed by C.
1
atertgage on extension, guaranteed by c. .LAP.
' ,li, J Alp.— 1st
mort.. gold
let limit.,
Dttroil
£-,y City*
MroU&jy
DttrnU Brand Bat* sUNf— let wioiD. iu.. guar
Consol. nii.rt., miar.br Grand Trunk of Can
rental L.S.A M>.
DM. BUltdaU *• 8. lT.-8tock. 4
Otirait Laii*>ng -t .Vort*.—Stock, common
Preferred atm-k. tAUg./SS, dlv Mead was passed >.
o*
Consol. mortgage (lit moil, on 163 miles)
Ionia A Lanalng, 1st M. Lansing to Green villec*
0"
Bagman .v We«t. niort-. eadoraed
let M-. t.r. K. L. A D.. Ut mort.. gnaraateed. ..e'
M
s*:t
l
200 Ac.
100
100
100
500 Ac.
S3
988
808
1877
Oubuqnt^ «iow> OUv-Btoak
M|
Wi
1
43
53
1883
1sh7
1.1
43
87
-.
1st mortaage. 2d division
-cAr
DmlttUk rf Iron ltangt-l»X mortgage
Dw/vfA *.«.», Short * Atlantic - Stock ....
Stock, pref., 6 per cent, non cumulative
in .
a -i mortgage,
gold i»12.0iwprr mile)....
lat
Mrk Alttvk. rut. A piHaowro-lut mort., gcld.e
«age
_l mortgage
1887 l.OOOAc
100
100
1.0 O
l«87
1870
90
90
90
30
c
i
JaaiA-odt/ T»p.-\n mortgage
awai fYsassy.ro»»o—8tock. * gu. 999 yr*..Phll. A B
Ifew Ut mortgage
at* Ttnmttt Virginia at Gtorgm-t 'onimon lit
|3 per it. nun rum
t. nou cum.)
Mpretn
rAi
(for 820.000.000)
I.I«H>
urn
|
1873
mn
1.000
1,000
l.ooo
30
1.714.950
1888
l.ooo
493*900
0.000
o.ooo
18.3O0.O00
.47"
....
iiSt
[880
Hri-'
J.
J.
J.
A.
5*
.V.
l'.obb
1,000
5
.r.
M.
5
g.
J.
7
5
g.
A
A
A
J.
J.
A
J.
Interest
9
9
9
1....5.77
.77.-'.'..7
«...
B7MM
W. RR.
Ben'l
Taxe.
898.218]
I.
Onto!
the
1.
do
do
Juno
1,
1,
8 hi.
1.
775
1
..-•70,052
1II»
1887 was paid 91.1*2,*.ou for .llvidrnda and
a surplus torll.e icarot 01 37
813. 600. 743: V. 46, p. 2x8, 254. 448. 510, 579, £74.
iwns from Detzofls
a
was
Ilea
sold In
f
i.
Jan.
-
*. re *
HI..
«.
ra.idc
W
row(iiiF).-<aMa*sy.)
:
gro**.
Stock
Canada.
irron
1
:.i,7
••...->.
i.i
1878.
-lept.,
f.
nv the Grew.
T)ie la.iKlawere
e.rnmm
S,
189.)
•
i
md Haven A
1.713.317
1,108,628
006,800. — V.
.)
--
::
£
t.
•!
:igalnal
In 1887,
i.:i.'i7.
i
I.
OeBTCr A
1956
1»30
1900
1937
1938
.rt.iusoM robargi
lartt.rinrnis, leaving
18.
1,
-
July
"J.'.' I.-8
"tiri'ln-" f'«r
r.
Nov.
Jul)
do
posed. St.-ck autlmrtled Is $8,000,000, Issued $1,070,000; par, $100.
if
H. B. Hoidividend of 4 pert •nt was paid Jan. 3, l»ss. at the utile
rm*. w. re
litis A'O.N.Y.
r
ut. Iu
7. ag»lo«i
i
572.304
Total dlabaraeaienta.
1,078.043
Jtalsmc*. surplus
• July 12 to Dee 31 only In 1**6.
1,
1,
1.
1,
Aug. 1,1687
10 Wall Street.
N. N. Y..CIiaaeNai. Bank
do
do
J
D.
1,
June
Oct
A
I--".
IS-.',.
9
1937
1900
19O0
iaoo
Oct,
Julv
1903
.Inly. 1888
Mar. 1, 1058
Jan.
A
A
do
do
do
I!>07
1,
1,
1,
1,
1889
r.H3
Sept.
1927
Dec. 31. 1887
July, 1894
O. t
1. 1937
Plilladclp'n. Oo.'a Office.
Phlla., P.
R. BR.
B. RR.
Pbila.. P.
1
Office,
-
Jan.
do
do
do
do
O.I
1,
1,
1.
1,
July
July
J N. Y.. Chase Nat. Bank
D. N.Y.. N.Y. Geut. AHuo.
A
A
J.
J.
[A.
I*'
A
7
L 8)0
4
J. A J.
3
J. A J.
4g. M. A 8.
9901000
1884.
Jan.
June
June
.
Banjo*
IHtburtemrulf—
1905
1905
1905
Jan.
1913
Nov. 14, 1918
Nov. 15, 1913
July 5, 1888
Feb. 15. 1887
Feb. 15. 1888
N.Y.,Clilo.BI.APao.Oo
.
fl
VKMKk)
100
100
.17'..
Ml
...MM
KH)
J.
2>«
do
do
A J
do
do
A J
V.. Farm. L.A Tr. Co
J
A
3*
A O. NYAv.Can Bk.CotuALo
d.>
do
A. A O.
6
J. A J. V. Y., Farm. LiTr.Co
2
Boston.
F. A
3
34 F. A A. Boston. 2 Sears Bldg.
J. A J. Boston, 2d Nat. Bank.
7
do
do
I. A J
8
do
do
J. A J.
M. A 8
5
8 Y..Offlee,2ia B'dway.
1
v
Nat. Park Bank.
J. A J.K.Y.,
7
5
A. A O. N. Y., Ottlce, Mills Bldg.
1325.600
100
500 Ac.
i
A J
4
4
2.50S.000
770.000
588,000
1.056.000
4*999.000
588.000
.•000.000
12,000,000
10,000,000
4.000.000
9,000,000
1,000,000
1.000
1.000
141
is.;
81,900,000
1,200,000
878.000
2.500.000
2,000.000
3.200,000
1,350.000
l.OOO
1.000
l.OOO
1.000
1878
1878
is:.
18:1
.
•
$1,000
1"!
218
*
Conn vf
Old lat i
1874
1874
M
a
"71; sui
iouiliwcaiern. -Owns from Ypallantl.
a.H.,,1 4oB mil™ In all, of
Detroit till
awrtaage eoTrrad Haea
llic 18 1. II
A In.l. road was sold
whJrhlkerrh..ebr»-ocompleled-Colorado8talr I.in. toO k-.lrii
• ml this company organtxed l.y the bond.
to Alta. 1- in.: luiiiuimi JunrUoa to Ktagkam. in f„r. ......re In|MT|M-tuity to the Lake Shore A Mica,
1 in
1« toil.. I-. V Jon. Hon to coal mines 10 miles: other braucsva.
4.000 per year - 4 p. ct.
Bllee-tAtal, 37* anVa. Tae stock issued oa 488 miles la 97.SO0.0O0. Al-out *1 a ai.ot O bund* w. re Usued oa road only par-lally aomf4etrd.
Detroit I. analog at Mortheru.— On u« from Grand Trunk
BoadboMrr* have grnerally arreuted tae proposal of Augass. 1886.
ranches—Stanton June.
fix., that the roopons from Sept. f. 1880, to Man h 1. 1880. In.
!•> His- Kaplda, Mich., 08 u
•ball be paid oae-fiaU la rash, full later. it being resumed wltb Sept..
roll. 3 miles;
l-unslng
"880. Bcnp bearing > per rent Is givea tor t b rae oonpooa. Of this scrip
.,\ai.l City,
..iialng. I mile: Saginaw A
103 la paid
•ymrnt of ooapoas and 8105 matorra Sl.dg.% 53
Bap. I.. A |.
.bat It may be redeemed at Co'soi tion t>y payment la full, and no
rolle*.
II
A consolldaUon. April 11. 1871, of
end on. to. k.-an l>e|aldlll' ills redeemed. Tbafiilllir
Ijiii.ii.v-. the Ionia A Lansing and
the I. una
,v
inder the i.lan It will be 9208.925 In 1888.0499,999 8|aaaaa A Northern railroads, under the name of Detroit I^inalng A
>0I1 i.<»«..
it
sad afterwards 8414.000 on the U.nda. and 3 pe.
Lake Michigan BR. which was sol
orrttacates amouDUng to 907.'.75, making the t.-i.l
--.krd as alajve. Divide: d on preferred stork payable in
—Tae
I
.
..
:
—
>
.
1
I.
'.
t
0481.275. aa the principal of esttidcatea w.li bo 01.then outstanding.
July 31. 1888 (7 mo*.) gross earnings were 8711,207.
1887; net. 0151. 531. ogalint 014V.537. The annual
iTaBBBBBBBBaV**
7 was In V. 40, p. 330.
•ear tnding
HI. 1887, gro>s rsrnlnrswere 81.18
[..as over year's Interest. (V.4S. p. 701
aet*-.
r
•
J, If nil are
i Jan. 1. 1-
m
Dm
884, 119, 688. 771.1
iter ssslk Park A Parlac (3
Baldwin M
miles; ComotoLea-IUlle,
•
.
Morrison, lo miles; other brarK-h.
i.e.
e:t
>"
ft.)
21U miles;
mile.
:
;
|
Dubuque A
A
•al bae been operated l.y It* own officers, and earnings not
Included In ii,,, «, of the llflnola Central. A salt has been l.r.uglt to
.>«
annul the Cedar Fal • A 91011. Bit. lease. Tliero are also $."••.;
.'
in.,
o.t 1, 1-88, and
i.
,-t..
'.i other note*, bearing 3 pe.
From Oct.
and c
100.
*;
Ik.ii.1.
mm.
:
•
I
-
.In
bhti.
•fop of
-7 gr. ia, anting* were 9 1,1 17,139; net. 0451,015; Interest, 0273,;,ion pret.i, $175,71)0; surplus. 91.649. Gross
17: lutetest, $215,985 ; dlvIn 1888. f. ..'•;•
surplus, $2,207. (V. 44, p.
II, 77t): V.47.
Sioux city—Owns from Onbnqae, Iowa, to Iowa
Falls. 14 3ii.il.-a. and leased Cedar Falls
Mlnnosota, 76 miles The
iue A Paeitte was foreclosed in 1800, and present company
organised, in April. 18*7. a controlling Interest In the at.Kjk was sola
iral. HaeeOct. 1. 1887, tl.l< mail, previously leased by
earnin..
erateo the road.
:
•
.lefai
I
e
..«*
inder
I
Int..
.ross esraliik-.
Ac. 8280.4
orlh.— -'
*ere 9949*31*
"i|. »'>'!. W.
m Den
Ijssi
stances of the
t
A M. lease.
edsr Falls
II
i:vt.
bjIm
Ik to
.
Tower. Minn., via
total. 118 miles.
- la 1887, I id BOOT*
.
B]
t..
...
-•.
Nsatri
mortgage waa aul
tlon and t~
Bol
.,.
i
,
.
ad
.
.truov. V.
at the rat.
li,lng tin-:
lid
P. 980,:
«...ll.
miles, an.:
r
Orleans
Denver Texas A
Fnet.lo,
A
New
.
»
i
plet.d
and
18.
this
:io-
!.,,...,_
r
,
,„
I),
„.
o Fort wotta. aianut 804 miles.
Hond. are 8 " ,h "' i»t
Traot*a of mortgosae Is >!
-.8(4
mos
>,
gr. s*
.
koii
V.,
-.
II
46
I'
resident.
171.)
Dulutli N-uth Shore
A
,srt Jfooi.-Dnlut'i to 8au)t
Atlantic
which 43 nines from Duluth to Iron River Is
non with Northern fsclftc, slid 4(1 miles from Nestorla to
Maniucfs Houghton A Ontonirased In perpetult) f
Railway) Soo Junction to St. Ignaoe, 43 mill a. an M. It. .* on.
I
;
.:.!
earn-
rating exp.
ver -(V. 45. p. 04.; V. 40. p. 418;
','. -I
•
I
and
.imut
the Income
re 0%9O,-
at,,, k.
1886.
company
th.
-
rl.-.ites
to
usl aruaads In I>
l.y the rr.- n..rtc,.«e.
ia* A Fort Worth KB.
coal land* at Francecompaay enwsotldaied with
Ox. OLd. wlih
CI— Denver
Oa March
Id
The company owtia
I
J Dtn.
proper
olrco.ni
V. 16. p. 38
(V. 43, p. 472, 7bH;
A Iron Kance.— Ron
>.. I. .Hi
Two
C.
,V 8.
In V. in, p.
lis.
over
rail
D.
••(
over asp. n-e« aad lajtN $10av968.
418, giving an account ol the
n.-t
.
was
reja.rt
.1
In iti.ove.
At saultste.
">6« mile*.
mile*; total,
1 1 1
mmle by bridge with the
Grand Trunk when It reaches the Bault Tbls
i,
Paclfla,
I
and
eoiniimiy purwith t lie
» A M..r.|tietta
ei.ased at Judicial sale Oct 20, l--'i. the I)
lui.road mid i>r..|*rtv. Owns substantial ) all tne pref. and conmi. a
stocks of the M*r.|uette Hough. .... A Onton. It It loo mil.-, wl.ich It
leasrs In perpetuity.
tS- e abstract ol first mortgage, V. 45, p. 274;.
I waa
rest In the D. S. 8. A A.
In July.
Canadian Pa-lflo parties. iHee V. 47. p.~50.)
ITesl.l. ut;
8. Bri.c. N.-w York, Vice74, 600, 856: V. 40 p. 74, 320, 353, 537
V. 47. p '... -Jl-.l
I
—Owns from Dea
tension MI
Of Dm E
th-
ii
ii
stock. 04.:
Moines to Fort
Kitliv.'li,
...:>•
con
to
First 87 n.lle* originally s dlvL, btdtt la 1870 and sold out In
referred. *7.;:i..-..hi.
.
.
.
I
O
i>u
kirk.
19.610, not, 887.311-.; a.irt.lua over
re's wer»99»)9r420; net,
i 20.420.
on Ml. h Cent.
id
Ijik.
'
S".
>i
1. 17
i.
.rren
A
m'c
A
Plttabnrs;. -Own* from Dun.
A consolidation of the Dunkirk
Veiianito In 1*72.
la
...
Y Cent A Hod. Bit
ending Sept. :m. 1891
•l«
400
««.p.
par $100.
Intereat charge, but the
si.
of
If .
•
for
kept
I.eiuie.1
.
It.
-
lb. boy nan Is pro-
.
^
srate.
ner
hrsn. he* 0» miles; total r
contract from Mich. Cent-al. An extaaato
ol «'ity. I'a
yean
There
Alger,
Allegheny Valley
Irk
i
>
Warre
rating expenses, 9s
|*w
tw api
o
sj-
$1
'<
'".
-In year
t
a>
.
i,.ioi
.-It
i«
,
»0 gross, 02<7,404
;
deflutt
under
i>aaaaawa
undor
©»
INVESTORS' SUPPLEMENT.
[Vol. XLV1I.
MMLj
RAILROAD STOCKS AND BONDS.
OQ
H ©
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31
.
•
:
SUPPLEMENT.
INVESTOKS'
«9
Subscriber* will confer a
favor by giving Immediate uotlce of any error discovered in these Tablea.
Bonds— Princi
INTEREST OR DIVIDENDS.
gre.it
DESCRIPTION.
Miles
For explanation of column headings, Ac.,see note
on first page of tables.
Size or
1879
1885
1886
$1,000
95
66
112
119
1886
1851
1876
1887
—
—
r
mortgage bonds
Income bonds, 999 years to run
Erie <* Pills—Stock. 7 p. o. ren'l, 999 yra.,Penu. Co,
c*
2d mort., convertible
c*
Equipment bonds
c*
Consol. mort. free of 8tatc tax (for $4,500,000).
c*
Eureka Springs — 1st M.,gold
..
2d M. Income bonds, 6 per cent int. is paid
European <* No. A mer.— Stock, 5 p. c. rem al, M. G.
EvansvilU <t Indianapolis— 1st mort., E. A I. gold..
Terre Haute * Southeastern— 1st mort
Ev. * Ind. Cons.M. (fur $2,500,000) gold, guar.o*
Emnsrilte <t I. llautc— Stock
100
1872
1884
1884
1,000
1,000
1,000
1884
1,000
1860
1863
1,000
100
9-)
.
o*
c*
50
50
500
100
8m
100
100
114
54
40
135
156
144
25
50.
1865
1870
1808
1883
1883
lOOAc
1884
1879
1886
1,000
1881
1883
1,000
1,000
1,000
1,000
1,000
500
100
l'.oob
50
—
Top (Pa.) Owns from Mount Union, Pa., to Roberts30 miles, and leases branch to Stair Mine, 7 miles total. 37
miles. A coal road, opened in 1874. The stock is $815,602; par $50.
Dj year ending Nov. 30. 1887, gross earnings were $117,379; net,
dale, Pa.,
;
$21,483. In 1885-86, gross, $96,066; net, $ \223.
East Pennsylvania.— Owns double track from Reading, Pa., to
Alleutown, Pa., 36 miles, and branch to Avon, under construction, 4
miles. It is leased for 999 years from May 1, 1869, to the Philadelphia A Reading RR., at a rental of 6 per cent per annum on the stock
and interest on the bonds. Above bonds were issued to retire those
due in 1888. Austin Corbin, Pres't, Philadelphia.— (V. 46, p. 173.)
&
East Tennessee Virginia
Georgia Railway.— (See Map.)—
Owns: Bristol I o Chattanooga, Tenn., 242 miles: Morristo wn to Unaka, 44
m.l Cleveland to Selma, 264 m.; Selnia to Lauderdale, 95 m.; Ooltewah
to Cohutta, 11 m.; Rome, Ga„ to Macon, 159 m. (18 miles jointly with
Georgia Pacific) Macon to Brunswick. 190 m.; Coohran to Hawkinstotal, 1,015 m.
operates Lauderdale to Meridian, 18
villc. 10 m.
Waldens Ridge RR.. Emory Gap to Canton. Tenn., and branches, 50 in.;
total owned and operated June 30. 1888, 1,083 m. Controls the Knoxville A Ohio road, 66 miles, the lines of the Memphis A Charleston RR.,
from Chattanooga to Memphis, Tenn., 310 m., and the Florence and
Bomervllle branches, 20 m., in all 396 in., making a total of 1,479 miles.
This company, the E. T. Va. A Ga. Railway Co., was formed in 1886 as
successor of the E. T. Va. A Ga. Railroad, which was sold in foreclosure
May 25, 1886. The first prefemd stock is entitled to a non-cumulailve
dividend of 5 per cent, and has "the right for five years (till 1891) to
elect a majority of the Board of Directors of said oompauy, unless be
fore that time the said company should pay out of its net earnings 5
per cent dividends on such profeired stock for two full successive years."
Dividend of 4 per cent paid on 1st pref. stock in 1887.
Da January, 1887, a sale was made of $6,500,000 of the first pref.
stock to the Richmond A West Point Terminal Company thus giviig
them control of the road for five yeais unless divi lends of 5 per cent
are paid on pref. stock for two years, (flee V. 44, p. 119.)
The trustee uuder the consolidated mortgage of 1886 and the 1st extension mortgage of 1887 is the Central Trust Company of New York.
$7,325,000 consolidated bonds were reserved to retire prior bonds of
the Alabama Central RR. and the E. Tenn. Va. & Ga. RR.
The mortgage of 1888 for $6,000,000 was authorizca (subject to the
approval of the stockholders) to provide for new equipment, improve;
;
ments,
m
;
;
etc.
of prices of new stock has been as follows: Common, in 1886,
in 1887, 9*s»17; in 1888. to 8ept. 21, inclusive, S^all;
1st pref., in 188', 67a 83»s; in 1887. 52®32i«; in 1888, to Sept. 21, in
elusive, 5371>8; 2d pref., in 1386, 24*35%; in 1887, 18»32; in 188 s,
to Sept. 21, 17>4«26>«.
From July 1, 1888, to July 31, 1888 (I month), gross earnings (not
Including Kcoxville A Ohio) were $116,746, against $386,681 in 1887;
net, $133,815, against $145,415.
From July 1, 1887. to July 31, 1888 (1 month), gross earnings of
Knox. A O. were $39,848, against #37,534 in 1887; net, $18,628,
Range
llal8 7s;
;
a*aii,st *12.758.
^The fiscal year ends June 30. The annual report for 1886-87 was
Eublished in the Chronicle, V. 45. p. 6 : 1 and 674. The results do not
icludo the operations of the Knoxville A Ohio.
INCOME ACCOUNT.
ReceiptsTotal gross earnings
Net earnings
1836-87.
1887-88.
$4,368,180
$1,354,489
$5,109,918
$1,716,681
$833,343
440,000
$1,134,158
Disbursements—
Interest on debt
Dividend on 1st pref. stock
Other payments
\
Total disbursem'ts
$1,273,343
$1,134,158
sur.$31,146
$582 523
The Knoxville A Ohio gross earnings in 1887-8 were $490,291 and
net, $187,407.-(V. 45, p. 53, 271, 272, 304, 400, 561, 613, 671, 674,
Balance
743
;
V. 46, p. 708
East A Wist
;
V. 47, p. 50, 81, 188, 200, 353.)
RR,
Co. of
Alabama.— Road
is
projected from
Gainesville, Ga., to Birmingham, Ala., and branches, 207 miles; completed
from Cartersvlllc. <;a., to Pell City, Ala 1 17 m. The above bonds were
issued in 1*87 and retired $800,000 of prior 1st mortg. bonds and $500,Odti of debentures outstanding.
Stock (authorized), $2,000,000 (par
$100), issued at $10,000 per mile of completed road. March 16, 1888,
John Pastel), Curtersvllle, Ga., was appointed Receiver. Foreclosure in
piogress. »: r A. Prentice, President, 155 Broadway, New York. (V.
45, p. 211, 240, 573; V. 47, p. 140.)
""*? rn }Mass.)— Owns from Boston, Mass., to New Hampshire
_,
mate
Line, 41 miles: branehes-Ralem to Marblehead, 4 miles
Bever'" u r
17 "» llo8 Salisbury to Amesbury, 4 miles Peabody
',!"!\''
\
Wakefield 8 miles;
Salem to Lawrence, 20 miles; others, 2 miles;
,""';, „, l "Ji e "v,„T1, S PB8< 8 of the Eastern RR. of N. H., 16 miles; NowR 3 , I;' Ue?,; i"'" 1 "'"' Baoo A Portsmouth, 51 miles,
teir,^„v?ii?
mllc8; p °rt«ui- Gt. Falls A Conway, 73 miles
* I?,°o Cr ',11
Vr
andl Wolrelmrn
JiR, 12 miles, have been transferred to B.
AM. A teas*
8 n < S f> U" t e'> "n new terms from Oct. 1, 1883,
on
J?,.' i,„.'u V'"",',""
C "" I,,,UI "S the total earning*., paying
all
charges, and
i ,\.i t'o"'
dividing
the Burplus Income as follows : 1. To B. A M„
$630,000 (9 per
,
.
E
:
IV",
»
i
'
i
,
I
-
™ w
,
i
,
1
;
$1,000,000
2,000,000
1,725,000
4,997,600
3,148,844
194.400
9,870,814
Nil.
Too
pal. When
Rato per When Where Payable, and by
Cent
Payable
Whom.
!
100
100
100 &o,
500 Ac
16
1st
Outstanding
1,000
1,000
94
110
120
120
31
77
77
77
Amount
Par
Value.
—
1st consol. mort., gold (for $3,000,000)
1st mort., Mt Vernon Branch, gold
Date
of
of
Road. Bonds
East Tom. Ta.d Co.— iCont )— Ala. Cent.,lBt, gd.,op.
0*
Knoxville * Ohio, 1st wort., gold
East <* West Ala. -1st come. M.. gd ( $15,000 p. ta.).o'
Eastern (Hast.)—Stock
Preferred stock, 6 pcroent
Essex RR.lst mort. (extended for 5 years in '86).
Certs, of indebt.$A JS (£398,41.0 at $4-871
Debenture bonds (for $900 0001. for refund
Eastern (y.H.)-Sfk. 4 »« p. o. ren'l till 1 938. E. Mass.
Xel Mvei Stock, 2 (to 3 p. c), guar, by Wub. West.
Elizabeth. Lejc. <t Big Sandy— 1st m.,g..s. f., not dr..c
Elmira Cortland <* Northern— 1st pref. M., gold.o*
1st mort., gold
Elmiru it Lake Ontario Stock
c
Bodiis Ba\ A Southern 1st mortgage, gold
Elntira rf Williamiport—St'k, coin., 5 p c. rea'l, N. C.
cent.
Preferred stock, 7 p. 0. rental, 999 yrs.. No.
Earn Broad
[Vol. XLVII.
A
A
&
6fi.
4»s
\r A
3
M A
4Vj
6g. M A,
M. A
2>4
A
\. A
1
6g. M A
6 g. \. &
4 to 5 g.
A
6
p.
6g.
-l'-j
492,500
2,792,800
3,282,000
750,000
1,250,000
1,500,000
500,000
500.000
500,000
1,000,000
570,000
1,998,400
91,800
685,000
2,485,000
500.000
500,000
2,500,000
699,010
260,000
1,001,000
3,000,0o0
2,900,000
375,000
"5«.
3%
6
5
J N.
J.
D.
'
A ()
A ()
\. A ()
7
A J
7
!*• r. A A
Feb. 1.
2ifl
A. A ()
A 3
8
U A H
I
A J
6g.
.-J.
1%
I* A. AA O
q .-M.
do
do
do
do
.1.
.1.
.1.
<i
.1.
.1
do
Oct.
N. Y., Union Trust Co.
A.
'
Dividend.
Y., Chase Nat. Bank. July 1. 1918
July 1, 1925
do
do
Deo. 1. 1926
Last paid Dec, 1887.
Dec. 15, 1887
Boston.
R
Sept. 1, 1888
do
Sept. 15, 1891
fl.
do
Sept.. 1906
S.
Boston and London.
Boston. Office.
Sept. 1, 1908
S.
.1.
Boston, by Treasurer. June 15, 1888
I).
Boston, by Treasurer.
Oct. 1, 1888
<).
N. Y.. MiLls Building.
Mar. 1, 1902
S.
O. Now York, 115 B'way. April 1, 1914
.1.
April 1, 1914
J.
do
do
Baltimore, N. Cent. RR
1. "a'.t
N. Y. Pa. RR. Agency.
July 1, 1924
M A N. Phila., Penn. B. R. Co. May 1, 1888
.1.
July 1, 1888
& T.
do
do
,r.
A .1.
do
Jan. 1, 1910
do
J.
J.
J.
\.
1%
7
Due.
Mocks— TiaH
Mar.
Oct.
do
do
Bangor, Treas. Office.
N. Y.. Farm. L. A Tr. Co.
do
do
do
do
N.Y., Farm. L. ATr. Co.
do
do
do
do
1.
1,
1,
1.
1,
19CO-
1898
1933
1933
Oct 15, 1888
July 1, 1924
Sept. 1, 1909
Jan. 1, 1926
Out. 15, 1888
July 1, 1921
April 1, 1923
July
N. Y., Mercantile Tr. Co.
2862
1888
1890
1.
Sepfc,
do
do
do
Feb.
Feb.
cent on its stock) ; 2. To Eastern, $100,000 for sinking fund 3. To B
$70,000; 4. To Eastern, $336,000; balance to be spent bv lessee
on both properties pro-rata. A consolidation is proposed. Mortgage notes
for $684,300 are outstanding, secured by real estate.
In Dec, 188 7, paid a divideud of 4"a p. o. on common stock, leaving a
surp. of $75,382. Assets In siuk. fund Sept. 30, 1887, were $596,128.
The annual report for the year ending Sept. 30, 1887, gives the
following result ef operation with Boston A Maiue. 8urplus income
divided,
accordance with the terms of the lease, as follows
To Bos. A M. To Eastern.
Boston A Maine Railroad (9 p. e.)
$630,000
$
100,000
Eastern Railroad, sinking fund
Boston A Maine Railroad (I p. 0.)
70,000
33:. 000
Eastern Railroad, balance
$U6,000
Total
$700,000
-(V. 45, p. 13, 70 >, 743, 820, 856.1
Eastern (N. H.)— Owns from Portsmouth, N. H., to Seabrook
(Massachusetts State Line), 16 miles. It was formerly leased for 99
years to the Eastern (Mass.) Railroad, and a new lease was made from
Oot. 1, 1878, for 60 years and two months at $22,500 per year, equal to
i*a p.ct.per annum. M. Currier, Pres., Manchester, N. H.— (V. 45, p. 612.)
Eel River.— Owns from Logansport., Ind., to Butler, Ind., 94
miles. This was formerly the Detroit Eel River A Illinois Railroad,
sold under foreclosure July 6, 1877. A lease of the road from April
1, 1887, was made to Wabash Western on the basis of 2 per cent
yearly on the stock till April, 1892, then 213 till 1895 and 3 p. c. thereafter—this to be paid on $3,000,000 stock.
Ellzabethtown Lexington Sc Big Sandy.— (See Map of Xewport News <£ Mississippi Valley.) Road owned Lexington to Junction, near Denton, 102 miles; A. C. A I. Junction to Big Sandy River,
7 miles; total owned 110 miles. Leased Junction with A. C. A I. Co.,
near Denton to A. C. A I. Juno., 21 miles West Side Big Sandy River toHuntington, 9 miles; total operated, 139 miles. From Feb. 1, 1886,
this road was leased for 250 years to the Newport News A Miss.
Valley Co. on the basis of paying the annual net surplus, if any, to
re also $1 0.52O
this company. Capital issued. $3,563,353. There
certificates of indebtedness; sinking fund is $25,000 yearly, but no
bonds drawn. From Jan. 1 to May 31, 1888 (5 inos.), gross earnings
were $379,954, against $389,997 in 1837; net, $76,297. against $1 10,662.
For year 1886 gross earnings were $937,529; net, $333,616; rentals and
taxes, $48,266; interest, $196,920: surplus, $24,970. In 1887 gro-s earnings were $1,115,073; net, $108,854; surplus over rentals, taxes and
int., $160,953. (V. 45, p 642; V. 46, p. 289, 412.)
Elinlra Cortland Ac Northern.— Elmira. N. Y., to Camden, via
Cauastota, N. Y., 141 miles, of which Elmira to Horsebeads, 5 miles,
and Cortland to De Ruyter, 20 miles, are leased for 499 years, and
Canastota RR., 21 miles, during corporate existence. Sold in foreclosure in 1878 aud again in Feb., 1884, and reorganized as at present.
The 1st mort. for $1,250,000 bears 5 p. ot. after 1889. Stock is $2,000,000; par, $100. In year ending Sept. 30, 1887, gross earnings were
$374,903; net income, $56,323; interest, taxes, Ac, $93,636; defioit,
$37,362; total defioit, $289,106. Austin Corbin. President, N. Y, City.
Elmira
Lake Ontario.- Owns from Cananlaigiia, N. Y., to
WatkiiiH, N. Y., 47 miles; to Chemung Junction, l"^ miles; Sodus
Point to Stanley. 31 miles— total, 93 miles. This company was a consolidation in December, 1836, of fie Elmira Jefferson A C.111 indaigua,
the Sodus Bay A Southern and the Cuemun? Raiir tads, with st >ok and
bonds as above. Ic is leased at cost of operating to the Northern Central, which owns $1,493,000 of the stock aid $20 >.O0J Sodas Bay
bonds. Lease may be terminated on thirty days' notice from either
party. In 1887 the gross earul igs were $626,042; net, $22,loO.
Elmira 6c Wllllamsport.—Owns rroiu Willlamsport, Pa., to
This company was reorganized under the
Elmira, N. Y., 77 miles.
present name Feb. 29, 1860, and leased to the Northern Central Railway for 999 years from May 1, 1803, at a rental of $151,500 per annum
after Jan. 1, 1880. The dividends on the common stock are 5 per cent
and on the preferred 7 per cent. Gross earnings in 1887, $-127,489)
net, $298,716; surplus to lessee, $147,216. Gross earnings in 1336,
$40,789; net $214,443; surplus to lessee, $162,94 i.
Erie A- Pittsburg.— owns from New Castle, Pa., to Girard, Pa.,
82 miles; branch. Dock Junction to Erie Docks, 3 miles; leases —
Giraru to Erie, 17 miles; total operated, 102 miles. Road opened iu 1865It was leased to the Pennsylvania RR. for 999 years from Maroh 1,
1870, at a reutal of 7 per cent on stock and interest on the bonds,
and the lease was trausferred to the Pennsylvania Co. The lease haft
been quite uuprolitable to the lessees; the deficiency pai-l by tliem in
1881 was $233,52 2; in 1382, $207,651 iu 1.333. $2 10,071: in 1884,
$307,841; in 1885, $354,633; iu 1836, $225,794; iu 18s7, $2>7,303.
Eureka Springs.—Seligman, Mo., t> Eureka Springs, Ark., 18t»miles: oroject.-d to 11 irriseu, Ark., 50 miles beyond. The apital stock is
$500,000. There is a traffic contract with St L lula A San Francisco.
In 1887 gross earnings were $!)(>. 27s; net, £61,958; surplus over inter(V. 15, p. 373.)
est, $8,922. R. a Kerons, President, St. Louis, Mo.
European dc North American. Owns from Bangor, Me.,
to Vancoboro (State Line), Me.. Ill miles. On Aug. 31, 18-<2, a lease
was made to the Maine Central for 99 years, for $125,000 per annum,
equal to 5 per cent per annum on the stock, and assuming the bonded
debt of $1,000,000, which is given under Maine Central.
;
A M..
m
—
&
1
—
September,
&5
-i
——
2
-
o
-
s
—
1888. J
CO
w
o W
o
*3
!zj
W
W CO
R»
>-H
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^
Q
h CO
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H
> W
<i
>
1
o
-
RAILROAD STOCKS AND BONDS.
53
.
SUPPLEMENT.
INVESTORS'
3J
[Vol. XLVII.
Subscriber* will confer a treat favor by {riving Immediate notice ot any error discovered In these Tables.
Bonds— PrinclINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
Due.
Amount Rate per When Where Payable, and by pal.When
Par
Slocks— Last
of
For explanation of column headings, Ac, see notes of
Outstanding
Bonds
Value.
Cent.
Payable
Whom.
Dividend.
Road.
on first page of tables.
Mransrille Terre B.
* Okie.— 1st M., gold, int. guar
.
9d mortgage, gold
FitcKtntra— Common slock
Pref 4 p. c. stock (T. A B. Issue, see remarks) ...
Bond* to State of Mass. (3 p. ot. tnt. till 189.').
Bonds, coups.. $500.00 > are Cs, due Oct. 1, 1897
55
55
A.A
Boston Barre A Gardner, 1st mortgage
2d A 3d M, ($57,000 3d M. 6b. conv into stock)
Boat. Hoosac Tunnel A West, debentures
Flint 4 Fere Marquette— Fret, stock, non-o imulative
Reorganization mortgage, gold ($5,000,000)... .0
Equipment bonds, $40,000 paid annually
Holly Wayne A Mon., 1st M., gink, fund, end ..c
Florida Central <f Penin.— 1 st prof, st'le. 5 P.O., cum.
21 pref. stock, 5 per cent, non-cumulative
c*
1st mortgage, gold, $5,240 per mile
c*
Florida Southern- 1st m..gold ($12,000 per mile).
Char. Har.Dlv.,lst,g.,payleat 110, $10.000p.m.e*
Fonda Johnstown & Qlotersville—1st mortgage
Oonsol. mortgage
tort Madison rf Northwestern— 1st mort., gold
.
Wayne <t Jackson— Pret. stock, (8 per oent)
t'ommon stock
Fori Wayne Cincinnati it LoulmUlc—SUwk
—
m
Fort Worth <£ Denv. City— let M., g., $18.00 I p.
Galveston Harrisb.it S.Antonio 1st m, gold, I. gr
—
2d mortgage
Western "Division,
do
1st mortgage, gold
2d mortgage
do
1887
•84 '87
O.)
Fort
l.ooo
1,000
1.0K)
1,000
'80-'3«
car
int.
C
C
o*
325.000
7.C00.000
13,794,600
5,000.000
1.000,000
4,5U0,0j0
1,600,0 >0
2,2 0,000
391,000
100
100
74A7
B>nd*,$500.000y'rlv,'M9tol903lncl. rest 1908c*
)
$775,000
91,000
1,000
1887
. .
Bonds
Bonds ($1,250.00 due 1907,
1870
1872
315
38 >s
364
302
65
573
573
57.*
180
81
10
26
45
97
97
128
449
256
226
671
671
1873
1875
1883
100
Ac
243,1100
1.000
100
100
18*8
1883
1885
1870
1881
1880
1.000
100 Ac.
100 Ac.
100 Ac.
500Ac.
100
100
1881
1880
1881
1881
"2"
A
A
do
J.
M.AN
3 to 4
A
F.
6A7
5
4U,
M.
4
Vari
A S.
ma
A. A O.
J. A J.
M. A 8.
J. A J.
A. A O.
M.AN
J. A J.
5
3>a
e
-
i
8
Jan.
1,
1,
1900
1900
May
15,' 1888
1, 1937
1894 A 1897
189) to 1808
8-pt. 1, 1897
Boston, Ofllce
Feb.
Bost
do
do
<
A7
3A 6
do
A.
A. A ).
Various
5
A T.O May
N. N.Y.,Farm. L'an
11.
OiHce.
do
do
do
do
do
do
do
do
N. Y., Kauntze Bros.
N. Y., Mer. Ex. Nat.
do
do
do
1904-7
April 1. 1893
July
Sept
Bk Aug.
do
do
do
1,
1,
15,
1895
1913
1888
1920
Oct. 1,
Nov.l,'8Sto'97
Jan. 1, 1901
i
100 Ac.
'71-'80
-
1,400.000
6,500,000
3,924,000
285,0 >0
1.000,000
1,582,00
4,5n0.000
3,000,000
2,118,900
800,200
300,000
100
1,000
1,000
1,000
1880
1887
1871
g M.
2
6g. J.
1918
1923
1925
1900
1921
1905
1888
A D
A A.
A D.
5g. M. A N.
J. A J.
6
1921
1910
1905
1931
1931
J.
J.
g.
6g
A
A.
200,000
820,000
2,287,832
431,747
4,000,000
8,046.000
4,756,000
1,000,000
13,418.000
6,354,000
1.000
1,000
1,000
1,000
1,000
A J. N. Y., Am. Excli. Bk July 1,
J.
Boston, Office.
July 1,
A
do
Oct. 1,
7* J. A O.
J. N. Y., St. Nich. Nat. Bk. July 1,
A. A O
do
do
May 1,
6
7g. A. A O. Last paid April, 1883. Aprl.l 1,
2% M. A 8. N Y.,Fanners' L.ATr.Co Sept. 1,
5
I
J.
F.
J.
«•
N. Y., Mercantile Tr.
Co
N.Y.,8o.Pae.Co.,23Br'd
do
do
do
do
do
do
Dee.
Feb.
June
May
July
1,
1,
1,
1,
1,
Evansville A Indianapolis.— Owns from EvausviUe, Ind.. to Jan. I to July 31, 1 -188 (7 mos.), gross earning* were $1,419,050, agst
Terre Haute, Ind. (via Worthington), 135 miles; branch to Lancaster, 3 $1,437,87« in 1887; net, $106,121, against $483,99'. Annual report
m.; to Brazil, 12 m.; total, 150 miles. In Oct.. 1887, leased the branch for 1887. in V. 46, p. 572.
Brazil to Saline City, 12 miles. This Co. was a consolidation in Oct., '85,
INCOME ACCOUNT.
of three corporations, viz.: the Evausvllle A Indianapolis, the Evansville
1384.
1885.
1888.
1887.
Wash. A Brazil and the Terre Haute A Southeastern railroads. Of the
$
$
$
$
consolidated mort. bonds, $1,260,000 are reserved to meet prior liens. Total gross earn's...
2,252,988
1,946,790
2,160,771
2,572,937
The consolidated bonds are guaranteed by the Evansville A Terre
earnings
Net
737,527
649,669
598,950
757,654
Haute Co. Capital stock, $2,000,000. In year ending Aug. 31, 1887
Disbursements
(8 mos.), gross earnings were $230,402; net, $102,292. (V. 45, p. 26,
Interest ou debt
509.)
322.910
337,223
329,499
329,194
455,000
260,000
325,000
422,500
Evansville 4c Terre Haute. —Owns from Evansville, Ind., to Dividends
4,226
Terre Haute, Ind., 109 miles; Ft. Branch to Mt. Vernon, 37 miles; New Miscellaneous
Pittsburg branch, 10 miles; total operated, 156 miles. The Rockville
Total dlsbursem'ts.
792,223
593.725
647,910
751,691
Extension, 23 miles additional, Is leased to the Terre Haute A Logansport for 99 years from Nov. 1, 1879. Formerly the Evansville A Craw- Balance for the year. def. 54.693 but. 5,225
sur. 5.960
sur. 1,759
lordsville RR. Co. Annual report for 1886-7 in V. 45, p. 537. Gross -(V. 45, p. 613, 696, 727, 856; V. 46, p. 200,371, 418,511,537, 572,
earnings year ending Aug. 31. 1887. $831,771; net, $403,190; surplus 802
over all interest and dividends, $6,5i3. In 1885-6, grow, $764,157:
Florida Central A Penlnsul tr.— Owns Jacksonville to Chatta
net, $388,977. (V. 45, p. 26, 53T, 538.)
hoochee, 209 miles; Tallahassee to St. Marks, 21 miles; Drifton to Mon
Evansville Terre Haute
Chicago.— Owns from Terre Haute ticello, 4 miles Fernandina south, 179 miles Waldo to Cedar Keys, 72
Junction, Ind., to Danville, 111., 49 miles; leases 6 miles total operated, miles Wlluwood to Leesburg, 23 miles Hart's road to Jacksonville. 25
55 miles, It uses 6 miles of the track of the Rockville Extension into miles: Withlaeooohee to PlautCity, 33 miles; Jacksonville <fe B tit Line
Terre Haute; also, leases the Indiana Block Coal road, 15 miles. Ou RR., 3 miles; total, 573 miles. The Florida Ridlway A Navigation R8.
April, 30, 1880, a lease to the Chicago A Eastern Illinois was made for Co. (which was a consolidation in Maroh, 1881, of the Florida Central
999 years; terms, $75,000 per annum and the assumption by the C. A E. A Western, Florida Transit A Peninsular, Fernandina A Jacksonville and
I. of all rentals and taxes paid by E. T. H. A C.
Josephus Collet t. Presi- the Leesburg <& Indian River railroads), was, in Oct., '85. place 1 la the
dent, Terre Haute. Ind.
hands of a receiver, and in H88 the property was sold in divisions, and
Fltchburg.—Owns from Boston, Mass., to Fitohburg, Mass.. 50 the prseut coin pa iv organized, with H. R. Duval as President. The
miles from Greenfield to Tioy, N. Y., 87 miles Johnson ville, N. Y. to otuer direct ts are W. Bava -d Cutting. Adolph Eu'ler, Wavne M rVeagh,
Roterdam Junction, 36 miles; and B. Barre A Gard. RR., Worcester K Fillton Cutting, W. L. Bree e. E. N. uiokerson, J A. Henderson,
to Wlnchendou, 36 miles; branches— Charlestown, 1 mile; North Cam- Ferdinand Peck, u. E. Maxwell and F. W. Foote. The commou stock
The plan of reorganization was outbridge to Waltham, 9 miles; South Acton to Marlborough, 12 miles; is $20,000,000; par $100.
Peterborough A Shirley, Ayer, Mass., to Greenville, 24 miles S iratoga InedinV. 46, p 239. Iu flsovl yea" ending Oc 31, 1837. gross earnand Schuylerville, 26 miles; Ashbumham branch, 3 miles; total owuod, ings were 8l,06d,6l3; net, $203,423. (V. 45, p. H42, 705; V.46,p.
281 miles; leases and operates— Vermont A Mass. RR., Fitchburg to 75, 133, 171, 20 J. 289, 448, 57 J, 609 V. 47, p. 21, 81.)
Greeofield, 56 miles Turners Falls Branch, 3 in. Bennington, 5 in.; total
Florida SontUern (.Vorroio gauge).— Owns frjm Pala'ka, Fl t., to
leased. 64 m. total owned and oporated, Sept. 30, 1887, 3 15 m.
unesviiie, 50 iu.; R icheile t L tesburg to Brookville, 106 in.: Bartow
Tue present company was formed by consolidation in 188/ of the G
to Punti God 1, 81 m.; L tesb irg to Astor, 50 in.; other B anches,
Fitchburg RR.. Troy A Greenfield RR. aud the Hoosac Tunnel, and the
m.; total owned, 310 miles. Cap til stock, $10,0 JO p-r mll-t. Taere
purchase of the Troy A Boston railroid.
Of the preferr d stock 23
are also $285,000 ootids of the St. Jo'm A L:iko Eustis RR.. 5 J m„ gaar$1,3:13,300 was authorized for Troy A Boston stock, Ac, aud receiveanreetl by this Co. Co up iny h is a State Ian I itr mt of 13,3 10 acres per
only 2 2-5 per cent yearly till after
irch, 1891. anil then but 3 1-5 p -r
cent till after March, '95, and in c»se of extiaorlm iry expenditures ou mile. The proceeds of laud sales are to go to purchase Charlotte Harbor
uiv. bonds at 110. J. W. Candler, Pres., Bostou.
the T. A B. beyond amounts provided for, the dividends may be with
Fonda Johnstown
held. Troy A B iston 7 per cent bonds for $1,-200,000 n.ve relused to
Gloversvllle.— Owns from Fonda, N. Y..
come into consolidation agreement, and the question wh -tlier they are
Nortuville. 20 111.
The stock is $300,000; p »r, $100. Gross earnings
due and payable Is before the courts. See Ciir >ni ;lk, V. 40 p. 708. in l-.8o'--<7, $186,089; net. $9 1.944; surplus over charges and 10 per
and V. 47, p. 21. There Is yet outstanding a 4 p. ct. mortgage note of eeut dividend. $26,772. W. J. Heacock, President, Gloversville, N. Y.
the H. T. D. A E. Co. for $500,000 due 1892.
Fort Madison A Northwestern.— Marrow gauge road from Fort
trom Oct. 1, 18*7, to June 30. 1888 (9 mos ), gross earnings were Viadisoii, la., to Uol.ett,
In., about 45 miles. Stoi^k. $125,600.
Default
$3,816,921, net $866,6 14; deflelt under charges, $2,858.
on bonds was made October, 18S4, and on June 30, 1385, a receiver took
The tlscal > ear ends Sent. 30. The aunu il report was In V. 45, p. 885, possess on. and it was proposed to Issue now bonds aud make a reorganand gave an account of the transactions of the year.
ization, bit nothing was doue and an orierof sale iu foreclosure is
expected soon. C. A. Gilchrist, Receiver, Fort Madison, Iowa.
INCOME ACCOUNT.
1884-85.
1885-86.
1886-87.
Fort Wayne Cincinnati
Louisville.— From Fort Wayne,
Kct Receipts—
$
$
$
Ind., to Coiiiior.sville. In 1
1 >4 mites: branch to Bushville, Ind., 24
op
Gross earnings
.uiies:
total
rated.
123
The
Fort Wayne Muncie A Cin. was
miles.
2,820,119
3,295,289
4,373,439
-old in foreclosure, July 27,1881, and reorganized under this name.
Netearnlngs
673,159
735,624
890,785 There are $100,000 notes, due 1 -193. Gross reoeipts in'1836.
$271,561;
Rents and other Income
71.130
101, 253
195.88
net. $58,211. Gross in 1887, $290,215; not, $5j,908; Interest paid,
Totallncome
741,289
83l»T877
1,086,667 )s;,000. Elijah Suiith. President. N. Y.
THsbursemenls—
Jackson.—Owns from Jackson, Mioh., to Fort
Fort Wayne
Rentals paid
252,581
256.480
266,011 Wayne, Ind, 97 mdes. The former Fort Wayne Jackson A Saginaw made
Interest on debt
on
its
bonds
and
was sold In foreclosure Deo. 3, 1379. On Sept.
220,688
280,763
423,228 default
Other Interest
1, 1882, leased perpetually to Lake Shore A Mich. Southern at a rental of
»ivl<lena»
equal
.
to 5 ? per oent on the pref. stock, and after 1»87 any
247;5b0
264;33l
366;488 $126,027.
Rate of dividend
uet earnings over 8 per cent on pref. stock to be paid as dividend on
(5)
,»n
(5)
common stock, but not exceeding 2 per cent a year.
Total dlsbursem'ts
720,769
781,574
l,05o.7z.
Fort Worth
Denver City.— (See Map)— Owns from Fort
'"••23,520 sur.58,303 surp.30,940
.
VX*ii"io
V-VA--V
• And
*» of 2 per oent
Worth, Tex., to Texas State linn, 44 < miles, completed In Match, 1883.
on 10,000 shares.
$20 000 per mile. $3,985,000; par value of shares, $100. Total
4
P 7 8 239 400 705, 885; V 46 P- 25 ">' 48 °- 699 - 708 V. 47, Stock,
stock authorized. $30,000,0 )0. In 8ept., 1888. stocK of the consolip. 2l', 56 218 )
tiated eomp iny, Denver Texas A Fort Worth, was offered in exchange
Flint
Fere IWarquette.—Owns from Monroe, Mioh., to Luding for this biock. Bonds wer authorized at $25,000 per mile lor
253 n» «a: branches-Bay City to East Saginaw, 13 the 2i'(i miles to near Quanali, but beyond that point to be Issued
iSdU tm„{
I ,ctionto0
.
U Ju
1' $16,000 per mile, inakiug the whole roatl average $13,000 per mile.
a IS?iL.* n arri! on b^ nol,
iter Lake. 20 miles; South Saginaw branch.
32 mlle8: Manistee branch, 26 miles. They were actually issued <tt the lirst rate only to Harrol 1, 114 miles
."
•
.
LSLrt 2 Mount
,?.
16 *""" .Railroad,
imiiml a $16.00 per mile. See abstract of mortgage. V. 45, p. 440
15
miles;
total
operated
5nf mn„.* -r 11 ® road was soln August
Trustee. Mercantile Trust Co. of N. Y.I The roatl at the State line
18, 1880, under the consulSktiJ mL*,,!
a !"' reorganization was made. The common stock of for us a Junction with tue Denver Texas A Fort Wortn, an I thereby
IM f5S> XSTf*^
» as to be Issued only after the preferred stockholders had constitutes a through line from Denver via Fort Worth to Galveston
p " r1 ^'vl'lends for Ave consecutive years.
But and New Or. cans. 8 <4 miles. Tue construction company paid in/,ho!
InMaroh lSS<°fh« X
th ?>' v"- re ^titled to nave their stock terest on the bonds till each piece of road was turned over to the
,°
taSTrsliv d'n'^
<
an,l »Joi»t board of directors was e eo.ed In company fo- operation hence the earnings on road operated have ex»Sv i'««
L' SP'
ceeded considerably the interest charge (see annual report for 1836-87
* P<* oen'
ftlSZSft&ftgffl&B**"*
In V. 45, p. 819, -23
Rauge of stock prices sluoe 1834 have been as
J
1
S
(P !,clpal <">d interest) on hand for follows: Iu 1885, 14»2">; in 1336, 159254; In 1387, 2tia *6'2>s; in
lanus io
tauds
lil
soiu were
we™ $214,809.
«r]i'?.i™V„T,
F yet unsold 79,378 acres.
and lands
From 1888 lo Sept. 21, inclusive, 21>si»46% In 1386-7 gross earnings.
—
)
A
;
;
;
;
;
;
.
.
:
;
;
;
;
>
M
A
A
,
!
A
A
(
'
'
'
-
i
'
A
.,
l
1
1
;
J
1
1
.
Sffi^
"Won
l
™
S?"
'
™^°<
;
)
Skftkmbu,
1888.
RAILROAD STOCKS AND BONDS.
33
cc
:
SUPPLEMENT.
1NVEST0KS'
r,n
,
[Vol.
LVH.
Subscriber* will confer a great favor by giving immediate notice of any error discovered In these Table*.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTIONFor explanation of column headings,
si pago of tables.
on
il
ito.,
Miles
Date
or
of
see notes
Size, or
i
Galveston Houston <t Ilend. of 1882— 1st ro.,guar. .0
Oenera Ithaca <* Sayre—Ut M., (for $1.500,000). ..r
c
Ithnca A Athens. 1st mort., a. f.,gold
50
"35
Georgia Co.— Tr'stb'ds.s.f .dr.atUO aft.July,92,g.c'
Georgia Miillr.tid J Gut/— 1st M. g,($l 5,00op. m.).c'
Georgia Pacific— 1st mort.. $10,000 per mile
Consil. 2d inert ($9.c00 per mile) ($5,400,000).c
c.4r
Income, niiii-i'tiiu. ($9,000 i>. m.)
do
Btorgia Railroad it Banking Co. Stock
Bonds, not mortgage
Bonds, not mort ($300,000 mature In 1922) .c*r
r
Bonds, not mortgage
1st M.,g.(*12,000p.nl.)0 ,
Georgia Southrn <t Fla
c
Grand Rapids i£ Indiana Stock
1st M., land grant, gold s. f. (guar, by Pa. KKl .c
1st M.,gold, ($505,000 are land gr.s f.not dr'n).o*
c"
2d mortgage, redeemable at 105 till 1894
o. A r
Consol. mortgage for $13,000,000
Mortgage (gdd on Muskegon Division
o*
Green Ban wvnUMt it si. Paul— 1st mort. coup. ...
98
357
—
.
1833
1885
1870
1887
1886
1882
1888
1838
$1,000
1871
1,000
1.000
1,000
1,000
1,000
1004c.
1,000
1,000
1,000
500 4c.
500 &o.
100
77*80
1887
1887
—
—
559
335
335
367
367
57
219
.
Funded coupon bonds
2d in. ui. iueome bonds, non-cumulative
r
219
,022
Gulf Col. <* Sunta Fe— IstM.. g. ($12,000 p.m.;....
2d mortgage ($8,000 per mile), gold
c 1,022
Gulf <* Shiii Island- 1st M.. gold, $12,000 p. m...c«
2d morl. for *2,H00.0OO ($3,000 p. m.), gidd
c
Hannibal d St. Josephs— Consol. M.(for $8,000,000).
292
x3
1st mortgago Quincy iV Palmyra KR
c'
54
1st mortgage Kansas City 6 Cam. RB
c*
Harrisb. Purism' th Ml. Joy <t Lane. Stock, 7 % guar.
54
IstM. (ext'dln '83). int. guar. Penn. RR
r
54
Harrisburg it Potomac—1st mortgage, coupon
38
Bartford it Connectirut K^stcm — 1st mortgage
104
1
—
1«86
1881
1888
1881
1879
1,0 10
<«)
1,000
i,oc;
1.000
(!)
l,o\A>
50
"?00
&c.
100 &o.
1.000
;
Galveston Harrisburg 4 San Antonio.— (See Map of Southern
Pacific.)— Owns from Houston. Texas, to San Antonio, Texas, 217 miles
LaGrange Extension, 28 miles; Harrisburg to Pierce Junction, ^ niles;
leased. Harw-ood to Gonzales, 12 miles; total, 266 miles. Wesc n Extension, San Antonio to Rio Grande River, connecting with So them
Pacific, 636 miles; Eagle Pass Branch, 35 miles; total Western intension, 671 miles. Grand total, 937 miles.
The stock is $27,093,000. The 1st mort covers 256 miles of old road
and 1 ,500,000 acres of land. It has a sinking fund of 1 per cent, but
it is optional with bondholders to surrender their bonds, if drawn.
There is also $182,034 Texas school debt outstanding. The mortgages
on the Mexican Pacific extension cover 636 miles of road, from San
Antonio to El Paso, and the Eagle Pass branch, 35 miles— 671 In all.
On Feb. 10, 1885, this property was leased for 99 years to the Southern
Pacific Company for Interest on the debt and 16*4 percent of the net
profits on the whole Southern Pacific system.
From Jan. 1 to July 31, 1888 (7 jnos.). gross earnings were $2,120,893, against $1,810,397 in 1887; net, $471,831, against $203,368 in
1887. In 1887 gross earnings were $3,3 t7,l«4; net, $682,947.
4 Henderson
of 1882.—Owns from
Gal-
veston, Texas, to Houston, Texas, 50 miles. The road was sold in foreclosure Dec. 1, 1871, and again Aug. 1, 1882. It is now leased for
99 years, to the International 4 Great Northern Railroad Company and
bonds guaranteed by that company. Stock of the new company is
$1,000,000. In 1886 gross earnings were $401,031; expenses, $395,355;
net, $5,676; interest and taxes, $118,467. In 1887 gross, $108,525; deficit under operating expenses, $63,S83; interest and taxes, $16u,669;
received from rental of track, $286,202.
aTaT.
J. 4
J. 4
J. 4
J. * J.
J. 4 J
A. 4 O.
N. Y.,M«reantile Tr. Co.
Phil* Company 's office.
>
2%
7
6
5
TI*
-
O.
N.
do
do
S.
J.
do
do
A.
N.YFanuer-
8
W.
7g.
6 g
J.
-
A
4
4
4
4
&
46
8
31*
4
7
5
Y.,
Wlnslow, I* 4 Co.
do
do
do
do
do
I.
A S>.Co
<ii
do
do
J.
N. Y., Agency.
do
J.
do
8. N.Y., Bk.of No.Araerica.
do
do
A.
J.
J.
J.
J.
do
Oct. 1, 1899
Oct. 1, 1899
1,
1899
Sept.
1,
1.24
1926
1,
Feb. 1,
Aug. 1,
•lay 1,
July 1,
Oct. 1,
Jan. 1,
Jan. 1,
Mar.
1,
Jan. 1,
Jan. I,
do
Third Nat. Bk.
Hartford.
J-
1,
1,
1,
Nov.
do
do
Phila., Co.'s Office.
Phila.,
July
July
July
Jan.
July
None evei paid.
N. Y.. Nat .City Bai.k.
.;.
&
&
M. 4
F. &
J. 4
J. &
J. 4
J. 4
J. 4
g.
J.
* A.
& N.
4
AG.
J.
J.
10
610,000
A.
6
6
5
k"j. N.
J.
P.
F.
i
8,643,000
t33.000
1,0,6,000
1,182,550
700,000
507,200
J.
J.
J.
April 1, 1913
Jan., 1910
1890
1937
1926
1, 1922
Oct. I, 1923
Oct. 1, 1923
Oct, 15, 1888
Jan. 1, 1890
do
do
07,1910,1922
do
Jan. 1, 1922
do
NY.Nar.CityBk.&Mac'n July 1, 1927
!o
4
&
4
M.
M.
5
g
.
J.
J.
.1.
g
Dividend.
do
J. Y.,
entral Trust Co.
\. Y„
entral Trust Co.
Hoe, 2 Wall St.
ft Y
!'
do
A. 4 O. 1st coupon due Oct., '89
Q.-J. AnxEx. ilk., N. Y.,4 Aug
T. 4 J.
do
do
-
3,267,000
750.000
1,600,000
280,830
3,781,000
12,216.000
7,494,000
500
1853
1874
1883
5
6
7
6 g
e
5 g.
5 g.
2,70i>,000
1,000
1,000
1,000
1885
1887
1887
1881
1867
1867
Whom.
g.
Dne.
Where Payable, and by Slocks— Last
PayjoJe
$2,000,000
750,000
600,000
4,000.000
1,470,000
3.5K7.000
2.950,000
2,350,000
4,200,000
100,000
2.300,000
200,000
4,985,081
3,931,000
1,441,000
1,000
1,000
1,000
1.000
1,000
1,000
pal, When
Whe„
Cent.
(!)
100
1869
1869
1884
1884
$669,755: net, $296,353; surplus over interest, taxes, 4o., $49,167.
From Nov. 1. 1887, to July 31. 1888 (9 month-), gri'Bs earnings were
8678,115. agst $157,344 in 1886-7; net, $253,418, agst. $194,975.— (V.
45, p 25. 85, 142, lt;«. 272, 342. 437. 440, 575, 042, 768, 792 819,
820, 823 V. 46, p. 75, 255, 344, 413.)
Galveston lion-ton
Outstanding Rate per
Value.
307
.
Amount
Par
Road. Bonds
July 10,
July 1,
Jan. 1
July 1,
1911
1906
1911
1909
1923
1927
1927
1911
1892
1892
1888
1913
1904
190 3
Vienna, Ga., 57 miles, and under construction to Palatka, Fla.. 290
miles in all. of which 163 miles to Valdosta ate nearly com meted. Trustee of mortgage is the Mercantile Trust 4 Deposit Co. of Baltimore,
President, W. B. Sparks, Macon, Ga.
Grand Rapids Indiana. - (See Map of Pennsylvania RR.)—Owns
from Fort Wn ne lud., to Mackinaw City, 367 miles'; Manistee Branch,
22 miles; Missaukee Branch, 8 miles; Osceola Branch, 7 miles; total
owned, 404 miles leases and operates Cm. Richmond 4 Fort Wayne
RR.. 86 miles; Traverse City Railroad, 26 miles; Bay View Little.
Traverse 4 Mackinaw Railroad, 6 miles
Muskegon Grand Rapids &
Indiana RR., 37 miles— 155 miles. Total, 559 miles.
The Grand Rapids 4 Indiana Railroad is operated in the interest
of the Pennsylvania Railroad Co., and $4,000,000 of the first mortgage
bonds were guaranteed by that company, which has bought the coupons
when any remain unpaid by the earnings. First mortgage land grant
bonds may be bought (uot drawn) at 1 10 out of proceeds of land sales,
ihere was in the sinking fund for ihem Jan. 1, 1833, $1,599,737 cash
and bills receivable. They are replaced by 5 per cent bonds issued.
The bonds on the viuskegon Division have a traffic guarantee applicable
to their interest payment. Penn. RR. owns all 2d mortgage and $419,000
consolidated bonds. Besides above indebtedness there is the so-called
Maekinaw loan for $275,000, and real estate mortgage lor $56,000.
The Co. has a laud grant, and sold in 1887 21.2J7 acres, for $111,218.
The lands nn 80 ti n Jan. 1, 1888, were 39 i.573 acres. The assets were
$553585 bills receivable and $1,016,161 cash.
The income accounts of Grand Rap. 4 Ind. proper for four years were
4
;
;
t
as follows
INCOME ACCOOXT.
1884.
1885.
$
2,116,?99
Gross earnings
Net earnings
Total disbursemts ...
613.720
567,602
18S6.
1887.
$
$
$
1,916,143
003,715
744,413
2,098.127
760.593
746,406
2,301,901
850,533
722,246
Geneva Ithaca 4 Sayre.—Owns from Geneva, N.\„ to 8ayre,Pa.> Balance
sur. 46,113 def. 140,698 sur. 14,187 sur. 120,287
75 miles; branch, Ithaca, N. Y., to Cayuga, N. Y., 38 miles; Hayt's Corners -(V. 46, p. 134, 254.)
branch (leased), 3 miles; total operated, 116 miles; organized Oct. 2, '76,
Winona
& St. Panl.— Owns from Green Bay, Wis.,
Green
Bay
as successor of the Geneva Ithaca 4 Athens RR (sold in foreclosure Sept.
In 1880 absorbed the Cayuga 4 South. RR., 37 miles. The to Marshland, Wis., 209 miles; branches, 10 miles; leased— Plover
2, 1876).
total,
225 miles. This was a reorganization in
miles
to
Steven's
Pt.,
6
com. stock is $1,275,000; pref., $400,000, 8 per cent, cumulative; par
1881 of the Green Bay 4 Minnesota, which company made default and
both $100. In year ending Sept. 30, 1887, gross earnings were $424,
March
12,
1881.
Preferred stock is $2,000,000. and
sold
the
road
was
454; net, $28,160; deficit under Interest, $60,754. In 1885-86, gross.
entitled to 7 per cent when earned, aud common stock $8,000,000,
8412,128; net, $46,122; interest puyinents, $81,630; deficit, $35,507.
both stocks $100 shares. On Feb. 1, 1885, default was mado on the first
Georgia Company.— This company was formed in 1887 to control mortgage interest, and in 1 886 bondholders consented to fund the three
and extend the system of the Georgia Central RR. & Banking Co, aud overdue ooupons and the couioauy resumed payment of interest
on
owns 40.000 shares ($4,000,0 Oi ot the stock of that company, aud this August 1. For 1886-87 gross earnings were $124,131 net, $113,055;
stock is deposited with the Central Trust Co. of N. Y. (trustee of mort taxes and interest, $111,223. In 1835-8o, gross, $341,470; net,
$61,737.
gage) as security for the above bonds. After July 1, 1892, a sinking
Sloan, President, New York. - (V. 46, p. 254.)
fund of at least 1 per cent of outstanding bonds will purchase or draw Samuel
Gulf Colorado * Santa Fe.— (See Map)— Mileage as follows: Galbonds at 110. Stock authnrlztd is $16,0i,0,000 (par $100); outstandveston to Purcell. 517 miles; Alvin to Houston, 26; Soinerville to
ing, $400.000.— (V. 45, p. 792; V. 46, p. 4 of adv'ts, 353.
74; Temple to Coleman aud San ABgelo, 233; Cleburne to Paris
Georgia midland 4 Gulf.— Road built from Columbus. Ga., to Conroes,
Dallas, 154; Cleburne to Weatherford, 42; branch, 12; total
McDonough, 98 milts. Stock, $1 2,000 per mile. N. Y. office, 7 Nassau St. and
Sent.. 1888, 1,058 miles. Road was sold and reorganized April 15,
^~(Vi Ttbj p. >>{.)
1879. In April, 1836, the stock of this company was exohauged for the
Georgia Pacific— (See Map of Richmond it W. P. Term.)— Atlanta' stock of the Atoh. Top. & Santa Fe RR. Co., aud the two properties thus
Ga., to titarkville. Miss., 317 miles; Woodlawn to Bessemer, Ala, 19 consollnated. See V. 42, p. 630; also abstract of morts. in V. 45, p. 241
In 18-<7 gross earnings were $3,603,550; net, $10 5.108; surplus
miles; small branches, 14 miles; Greenville, Miss., to JohnsonviUe and
branch (3ft. gauge). 5-' miles; total, 402 miles; and extension to Green- over fixed charges, $32,443. In 1386, gross earnings, £2.5 >0, 1'il; t >tal
not receipts, $835,365; surplus over interest, $72,705. — (V. 45, p. 241,
ville, Miss., In progress. Oper ted in the Rich. 4 West Point
Ter. system,
ihe K.
D. gives a traffic guarantee of .0 per cent on j.dut business to 342, 878; V. 46, p. 134.)
pay coupons if needed, but the ooupons may be held as alien. The capiGnlf 4 Ship Island.— This road Is under construction 2i« miles
tal stock Is $8,48.->,000; par $100. There are $34 -,000 6 per
cent car west of Mississippi City at Gulfport, a now town owned by the comtrust notes, payable 10 per cent yearly, and $50,000 other
notes out- pany, to a junction with the Memphis 4 Charleston just beyond the Misstanding. The 1st mort.. originally for $20,000 per m was reduced
bv stomppl line. The tota length or the road, as projected, is 350 miles, of
agree'i.ent to $10,000. The old income bonds were exchanged
for new which ii:i miles from Middleton, Teun., to Pontotoc, Miss., is in operation,
V
46 ',^ 320
Tue
2d
conBo1
mortgage
(trustee.
Cen- and about 77 miles to connect with the New Orleans 4 Northeastern at
HffSifw'V.
tral
rrust ( o)1 secures *o,400,000 2d mortgage bonds, and also,
trussubject Haitioshurgh hi progress. Both mortgages cover land acquired
3 loo 000 d mortage non cumulative imomes, both
Issued tee, Manhattan Trust Co. The bonds are held by the Construction Co.
to^X**^
^
at $9,000
per mile.•„„"""
From wo1
Oct." A
1, 110!
to July Jl,
887,
3 1, 1SB8
"> injury
1888 (10
10 mus.),
mos. gross till road is finished. N Y. Office, J. B. Dumont, 40 Wall Street.
«.ZTi
i.
rnin«s
*nnira. net,
were *l-p84
*1. 084 848,
sua against
imimit $910,950;
«.,f a-'.,.,, l-..,
'L5i_^r
* 8. ««re
$300,843, against
Hannibal 4 St. Joseph.— Owns from Hannibal, Mo., tost. Josepn,
" 18 %;£ 7 * ro88 earnings were $1,159,655; net over ex£?.T: '„ andi taxes,
penses
$390,377 surplus over interest, $181,8l7.-( V. 45, p. Mo., 206 miles; branches— Cameron to Kansas City 54 miles; St. Joseph
Atchison, Kans.. 20 miles; Palmyra to i^oincy 111., 13 miles; leases,
#"* V. 4o, p.
to
511.)
total operated. 295 miles.
3e rB l Ha lroa d * «»«\hlng Co.-Augusta, Ga., to Atlanta, 2 miles;
Bridge across the Missouri River at Kansas City is owned.
The
'7
ol i
,S,,
f
I'lanehes to Washington and Athens, 60 miles; WarrenStock -Common, $9,168,700; preferred, $5,083 024; par $100. C. B.
iW r';,"";,;£' ',?•
Ga - 76 miles; total owned and operated, 307 miles. 4 Q. RR. Co. owns the greater part of both classes of stook, and also
Tl« wi«, P™ faHway of
Alabama Is controlled iointly with the Central $9,000,000 5 percent debentures.
in
tul8 company holding one-half the stock of
$3,000,000.
Preferred stock has prior right to a non-cumulative dividend of 7 per
£hi ?i.„i ? '!'
A "g" 8 toKK 76 miles, is owned by this company.
The oent: then common to 7 then both share. Iu Deo., 1887, a 7 per cent
p rt
tl
lRk v 0W ,C<1 oue-fifth part by this company"
the first, for some years, was paid on pref. stock. Fiscal year
dividend,
toAtlHn,Vv'™troPom: thirty-five
;i?
J
hundredths by this company*
ends Dec. 31. The income accounts have shown a surplus over all
ujiSitli a Pa8e or 9 yenone
r8 was ma<le to W. M. Wadiey and charges of $397,562 in 1887 $68,210 in 1886; $506,152 in 1885.
associates'?,?^? V.,„ r- Jtr
.
"f of. .?
Georgla and the Louisville 4'Nasliville
Suroads at *cn f <2n 61 p ar
Harrisburg Portsmouth Mount Joy 4 Lancaster.— Own*
l>,.yal,le semi-annually, and dividends
Brenner c.S ?,',???,eHy
V £ P ,cltt0
the8e companies in 1884-8.i on the from DiUervilie, Pa., to Harrisburg, Pa., 36 miles; branch, Midw^» i «V .a"
4
dletown,
Pa., to Columbia, Pa., 18 miles; total operated, 54 miles.
lS 8<S 87, $110,959. In f837-88 net income from
aUsti^c.* lS?W&
„ was
lncl "dlng"
bank,
$671,459. leaving a surnlus of *7i ^ ii The property was leased to the Pennsylvania Railroad Co. for 999
riL_
•bove""J-"'
all charges, including
from
Jan. 1, 1861, the rental being 7 per cent on the stock and
years
10 per cent dividends.-™?^!
24! ?
Interest on the bonds. Stock $1, 82,550; par $50. Operated as a part
Georgia Soathern 4 Flortda.-In operation fromv
Maeon to of main line of Pennsylvania Railroad.
;
:
1
.
<fe
1
,
(
"-
-
>
-
;
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—
;
.
»
,
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Sr.lTFMBKR, HBBL
I
RAILROAD STOCKS AND BONDS.
57
.
INYESTORS'
38
;
SUPPLEMENT.
[Vol.
XLVIL
Subscribers will confer a groat favor by giving Immediate notice of any error discovered In these Table*.
tiuitfls— ITluol
INTEREST OR DIVIDENDS.
DK8CBIPTION.
pal, When Due.
Date Size, or
Miles
Amount
per When Where Payable, and by Stocks— Last
Par
Of
For explanation of column headings, Ac, see notes of
Outstanding Rate
Payable
Dividend.
Cent.
Whom.
Bo ad. III. H Value.
on first page of tables.
[Ill
r
164
164
164
74
74
74
Rolling stock certificates
Bousl. Kasi <C West Texas.— 1»X M., gld ($7,000 p. m.)
2d mort., land grant
Houston J Texas (,'en/.— 1st M., (main) gold, l.gr.,s.f.
1st mort., 1. gr., West dl v. (Hempstead to Austin)
1st M., gold.Waco & N'west (Bremond to Boss)
Consol. mort., laud grant, Main aud Western Dlv,
Gen. mort., gold (for $18.500.000)
Bunfgtfn^Br'ad Top— St'k $1,985,600 ls7p.o*tpref.
1st mortgage, gold
2d mortgage, gold
Sd mortgage consolidated
192
192
345
119
58
464
522
64
64
64
64
Boutatonte—8tock
Preferred stock, 4 per cent non-cumulative
New cousol. mort. (for $3,000,000)
.0'
1869
Oonsol. mort.. not payable till 1910
Oonsol. mort., 10 :ios, payable In 1890
2dmort. bonds
of
—
Central—Stock
Leased line 4 per cent stock, guar
Mortgage bonds, sterling
Sterling bonds, (s. fd. £20,000 drawn yearly)
Mortgage, sterling, bonds of 1905
Mortgage bonds, gold
Mortgage bonds, gold
Illinois
..c*
706
706
706
706
706
Bonds, mortgage on Middle Dlv
iii
131
lstmort
do
2d mort
do
do eons.M.. gld.
224
667
567
567
.
r
o*
CoUat. trust b'ds, gold (for$15,000,000) $*«...
Cblo.8t Louis & N.O., 2d M. (N.O.J.4G.H.)....
do
do
do
I
n rrlnbiiru
&
(for
1,000
ISC't
500&C
1880
18*0
1881
1878
1883
1866
1870
1873
1872
1681
$18.000,000)
500 A «.
500&C
i',6bo
-
500
500
-
'
1,000
£200
£200
£200
1,000
1,000
£200
1,000
1.000
500&C.
1,000
1,000
1,000
1.000
Potomac. —Owns from Bowmansdale to Shippens
burg, Pa., 32 miles; branch to mines. 5>« miles; total operated, 37>»
miles. Bonds authorized, $1,800,000. Stock $379,165; par $100. Austin
Corbln, President, Philadelphia, Pa.
Hartford Sc Connecticut Western.— Hartford, Conn., to Rhinecliff, N. Y., 108. Foreclosure suit was begun in 1880 against the former
Conn. West., and the State Treasurer took possession. On May 25, 1881,
bondholders reorganized, and stock in new company issued for bonds.
In March, 1882. the purchase of the Bhlnebeck & Connecticut Railroad
was made. In August. '87. Jas.W. Husted, of N.Y., was elected President.
A controlling interest in the road is reported to have been purchased by
parties interested in the Po'keepsie Bridge, by which it will form an allrail route across the Hudson River. Sept. 30, 1887, there were still
outstanding $119,000 C. W. RR. 7 per oent bonds, due 1900, convertible into stock at 60 per cent, on whioh no interest is paid. Stock is
$2,600,900, par $100. In year ending Sept. 30, 1887, gross earnings
were $ s50,484 net, $108,796; surplus over charges, $65,848. Gross
In 1885-86, $348,964; net, $93,975; surplus over Interest, &c, $55,027.
—(V. 45, p. 166, 212. 239, 642 V. 46, p. 228; V. 47, p. 21.)
Honaatonlc—Owns Bridgeport, Conn., te State Line, Mass., 74
miles; Brookfleld June, to Danbury, 6 miles; leases— Berkshire Bailroad,
21 miles; West Stookbridge Bailroad, 3 miles; Stookbridge & Pittsfield BE., 23 miles; Danbury & Nor walk RR„ Danbury to Wilson, Conn.,
27 miles, and branohes, 12 miles; total operated, 166 miles. The preferred 8 percent cumulative stock Issued In 1845 was retired in 1887 by
an issue of new 4 per cent non-cumulative preferred stook, 100 per
cent in the same stock or a $100 bond being paid for the pust-due
dividends. Common stock is exchangeable for the same new pref. on
snoh basts as the direotors may offer. The consol. 5 per oent mortgage
for $3,000,000 was issued to effect these changes, and $^70,000 bonds
are held to retire old debt. There are also $70,000 5 per cent Danbury
branch bonds due October 1, 1912, redeemable after 1892. In Sept.,
1886, the Housatonlc leased the Danbury & Norwalk RR. for 99 years.
Fiscal ye ir ends Scpt.30. Operations and earns, have been as follows:
Passenger Freight (ton) Gross
Net
Dlv.*
Years.
Mileage.
Mileage. Earnings.
Earnings. Rentals. Pref.
1884-85.... 8,835,567 14,890,424 $i45,859 $249,632
74,102
1885-86.... 9,890,020 17,296,373 690,016
240 610 '74,100
1886-87.. ..15,737,214 21,757,014 982,550
380,253 170.022
—(V. 45. p. 53, 472, 672, 856.)
Houston East
West Texas.— (Narrow gauge, 3 feet.)— Owns
from Houston, Tex., :o Sabine River at Logansport, 192 miles, and
connects there with a line to Shreveport, La. The company had a Texas
laud grant of 10,240 acres for each mile constructed and equipped.
Bonds issued to the extent of $7,000 per mile first mortgage and $5,000
per mile second mortgage, but the 2d mortgage bonds were not sold
and art- held as collateral for the debt due Mr. Bremond, $750,000.
Stock authorized, $10,000,000 issuod, $1,920,000. In July, 1885, M.
G. Howe was appointed receiver. Interest is in default, and several
propositions have been made to bondholders. S-e V. 44, p. 244; V. 46,
p. 352 and 609; V. 47. p. 200. Dl 1837 gross earnings were $361,820;
net, $100,446. (V. 45, p. 792 ; V. 46. p. 352, 413, 609, 650; V. 47, p.
188, 2(0.)
;
&
;
Houston Sc Texas Central. (See map of Southern Pacific.)—Owns
from Houston, Tex., to Red River City, Tex., 345 miles: branches
—Hempstead, Tex., to Austin, Tex., 118 miles; Bremond, Tex., to
Ross, Tex., 57 miles; total operated, 520 miles. Texas Central BR.
AN
* J.
& O
& O.
A J
& N.
A J.
& J.
& J.
& J.
& O.
& o.
A J.
A O.
& A.
& O.
& 8.
A J.
A O.
& O.
& D.
S*
-
100
100
1875
1874
1875
1886
1836
1886
1878
1881
1833
1860
1877
1877
1881
$782,500
2,372.500
2,030.000
70.000
100.000
4
300,000
5
200,000
5
1,344,000
750,000
6,154,000
l g
2,271,000
l e
1,140,000
g
3,980.000
l
4,325.000
6 g.
3,354,700 2 ijon pf d
416,000
I s
367,500
8
1.497,000
I
3is
40,000,000
10,000,000
2
2,500,000
eg.
3,850,000
5g.
1,000.000
1,500.000
* e3i«g.
2,496,000
3»«g.
5,000,000
1,600,000
6
968.000
5
10,500,000
4g.
1,480,000
8
1,397,000
7
6
80.000
5 e.
15,037.000
I*
1,000
1.000
1,000
1,000
1,000
1,000
so
1854
1857
1865
1,953
e*
o*
TrU8toondssteri'g,(8ecuredbyCh.8.L.&N.O. oons.)
Springfield)
to
8p. BB. (Oilman
1st M. on Oh.
A
$100
100
1887
N.Y., Farmers' L.&T.CO Nov. 1, 1937
Bridgeport, Office.
July 1, 1889
April, 1910
do
do
April 1, 1910
July. 1889
do
Last coup'n pd.May, '86
1898
Jan. 1, 1918
Last paid July, 1885
July 1. 1891
Last paid July, 1885
July 1. 1891
Last paid July, 1885
July 1. 1901
Last paid Oct., 18»4
Oct. 1, 1913
Last paid Oct., 1884
April 1, 1925
Philadelphia, Olhoe.
July 23, 1888
do
do
Sept. 30, 1890
do
do
Feb. 1. 1898
do
do
April 1, 1895
N. Y., 214 Broadway.
Sept. 1, 1888
do
do
July 1, 1888
London.
April 1. 1895
London, Morton R.& Co. April 1, 1903
do
do
Deo. 1, 1905
New York. 214 B'dway. Jan. 1, 1951
do
do
Jan. 1, 1951
London, Morton B.& Co. July 1,1950
N. Y., 214 Broadway,
Jan. 1. 1898
do
do
Aug. 1, 1921
do
do
April 1, 1953
do
do
Oot. 1, 1890
do
do
Nov. 1, 1897
do
do
Deo. I, 1907
.lime 15. 1951
do
do
do
do
do
jr.
A
&
&
&
A
&
<fe
J.
J.
J.
A.
O.
o.
N.
D.
D.
EARNINGS, EXPENSE9 AND CHARGES FROM 188 4 TO 1887 INCLUSIVE.
1884.
$2,547,847
Gross earnings
1885.
$2,739,915
1886.
1887.
$3,080,796 $2,896,999
Expenses—
Operat'g, inol'g taxes. $1,5 78,190
Extraordln'y rep's, &c
549,699
92,221
Equipment
$2,220,110
$327,737
Total
Net earnings
-(V. 45,
V. 47,
p.
p. 437, 642,
$2,052,377 $2,311,205
77,192 >
7g
83 .
'»,»**
82,989 5
$2,501,502
216,363
$2,390,039
$690,757
$2,717,865
$179,134
$2,212,559
$527,356
727, 792, 820; V. 46, p. 191,289,537,573,609;
50, 327.)
&
Huntingdon
Broad Top.—Owns from Huntingdon, Pa., to
Mt. Dallas, Pa., 45 miles; brancnes Shoup's Run, 9 miles; Six Mile
and Sandy Run, 3 miles Long's Run Br.. 3 miles ;
Run, 4 miles
total operated, 64 miles. Thecauital stock is $1,363,100 common and
$l,98f>,6<>0 7 percent pref. stock; par, $50. There were also, Deo. 3 1,
1887, $99,966 car trusts. In February, 1884, a dividend of 75 cents
per share was paid on pref. stook, in July, 1887, 2 per cent, and
Jan. 31, 1888, 2^ per cent. There is outstanding $121,181 of 7 per
centscrip due December. 1889. In 1837 gross earnings $43>,426; net,
$260,425. In 1836, gross, $379,875; net, $222,736. (V. 46, p. 190.)
—
;
;
Illinois Central.— (See Map.)— Line of Boad— On Dec. 31, 1887
the mileage was Chicago to Cairo, 365 miles East Dubuque to Centra,
lia, 341 miles; C. St. L. & N. O. BR., Cairo, 111., to New Orleans, La.
547 miles; branches— Otto to Normal, 111., 79 miles; Buckingham to
Kempton Junction to Kankakee June, 111., 45
Tracy, 111., 10 miles
miles; Oilman to Springfield, 111 miles; Park Site to South Chicago, 2
miles Champaign to Havana, with branch Monticello to Decatur, 130
miles; West Lebanon, Ind., to Leroy, 111., 76 miles; Durant, Miss., to
Aberdeen, Miss., 108 miles; Jackson to Parsons, Miss., 115 miles;
Schula to Durant, Miss., 24 m.; total owned aud operated Deo 31, 1887,
Chicago Madison A Northern, FreeSince completed
1,953 miles.
port, 111., to Madisou, Wis., aud Chioag > to Freeport, about 170 miles
Cherokee & Dakota, Cherokee, la., northward to Sioux Falls, and southward to Onawa, 155 miles ; Cedar Rapids A Chicago, Manchester, la.,
to Cedar Rapids, 42 miles: total, 367 miles. On Oct. 1. 1S87, tue Dubuque A Sioux City and Cedar Fails & Minn., and the Iowa Falls & Sioux
City, leased roads, were surrendered, and their earnings no longer in
eluded in the Illinois Central's.
;
:
;
;
:
Organization, Leases, <fec.—This company was ohartered in Decem1850, and organized in March, 1851. The lands granted were
upon the condition that the oompany should pay to the State 7 per
The leased lines in
cent of gross earnings yearly in lieu of taxes.
Iowa were acquired In 1837 by purchase of a controlling interest in
their stook. The company acquired a controlling interest in the Chlo.
St. Louis & New Orleans Railroad, and leased it from July 1, 1882, for
400 years, at 4 per cent per annum on stock, and issued the above 4 per
cent leased line stook in exchange for the Chic. St. L. & N. O. stock.
Fiscal year ends December 3 1. Annual election held in Maroh.
Stocks and Bonds— The 4 and 3 'a per cents due in 1951 were issued
under the main liue mortgage of '74. On the Chic. St. L. & N. O. the lessee
guarantees the prinoipal aud interest of all the outstanding bonds prior
to the 5 per cent bonds, and by an endorsement on the latter bonds
guarantees the pay ment of the interest on the same until the prinoipal
Of the first mortgage bonds, $541,000 are a prior lien on
is paid.
that portion of the road in Tennessee. The trust bonds of 1836 are
secured each one by a deooslt of a $1,000 bond of the Ohio. St. L. & N,
O oonsol. 5 p. c. mort. and tbey also have the agreement that they shall
be seoured by any future mort. that may be issued ou the ill. Cent, lines.
The collateral trust bonds of 1952 are for an authorized amount of
$15,0 10,000, aud si oured by pledge with the (J. 8. Trust Co. of N. Y.
of $16,350,000 5 per oent 1st mortg. gold bonds of subsidiary railroads as follows: Cauton Aber leeu & Nashville, 83 miles, $1,750,000;
Yazoo&Miss. Valley, 140m., $$,300,000; Chioago Havana & Western,
131m., 2,iO0,000; Rautoul, 75m., 1,000,000; Cedar Rapids A Ouicago,
ber,
completed from Ross to Albany, 177 miles, with branch, Garrett to
Robert, 52 miles, is operated in connection with this road, but accounts
are separate.
The oompany has a land grant from the State of Texas
of 10,2 40 acres per mile, auiouutingto about 5,130.720 acres; but the
lands are not on the line of the road. Mr. Morgan, of the Louisiana
Bteumsliip Ltne, bought a controlling interest in the stook, aud in
February, 1883, the Southern Pacific party purchased this interest
($3,980,500 of the stook) with their purchase of the Morgau property.
Total stock is $7,726,900.
In February. 1885, B. G. Clark and Chas. Dillingham were appointed
receivers. Sale of the road was made Sept. 8, 188-1, to the reorganization committee (see V. 47, p. 327) and under the propo-ed plan of reor
gantzation int-irest charges wi 1 be about $960,0u0 per year. AH the
exintluK mortgages to be foreclosed and a new oompany organized.
The first mortgage bondholders of all the d visions to
$<30.000, Cherokee A D ikota, 155m., $3,100,<WO; Chic. Madirepeive
$50 per bond bonus in cash and payment of ba k 42m.; Northern,
225m., $4,370,000; total, 850 miles; $16,350,000.
Interest up to July 1, 1887, and
new five per ce it 50 year son &
gold bonds scoured by a siogle mortgage on the entire railroad
Dividends paid sinoe 1870 (prior to current year) have been: In 1871,
and the lands now covered by the existing first mortgages. The 10 per oent; in 1872, 10 in 1873, 10; in 1874, 8 in 1875. 8 in 1876,
consolidated or second mortgage bondholders to reoelve $180 per 8; in 1877, 4; in 1878, 6; in 1879. 6; in 1880, 6: in 1881, 7: in 1882,
bond in 6 p»-r cent debentures and new six per cent gold bonds drawl
17 per oeut in Chic St. L. * N. 0. stock, exchangeable
g 7 ; in 1883, 8 and
interest lrom October 1 1887, secured by a second mortgage.
certificates; iu 1884, 10; in 1885, 8; in 1836, 7"a; in 1887,
T ie gen- for leased line
eral mortgage bondholders to receive new general
yearly sinoe 1870 have been: in 1871, 1323>t39 1*
the
stook
Pricesof
7.
mortgage gold hoods
1
bearing four per cent Interest from Ootober 1, 1887, and
*; in 1875, 88>s
$120 per in 1872, 11931140; in7 1873, 90 *126ifl; in 1874, QOa/LOS
ur p
'
»106i«;inl876,
in 1877, 40»ga>79; in 1878,7238*87; in
60
cen
ae0
*nture
s»103%;
bonds. The general mortgage is
£? „
Vv e en F,re
in 1880, 99>a»12738; in 1881, 124al46 1a; iu 1882,
Property
1879,
and
is
79H8>100»4;
to
be
further
seoured
the
by
»
S£^7?Liir «. t,
i
new second or consolidated 12734®150is; in 1883, 124 a>148; in 1884, 110*140; in 1885. I19i«
SSSS^^'k "5 T,Utee ot 1.1*9 of the guaranteed
by the Southern a>140; in 1886, lSOS'US's; in 1887, 1148138; in 1888 to Sept. 21,lnol,,
£23ffi*?5.
ff "t "" kl "
be $10,000,000 and the old stockliold- 114®123»2.
i°.
88
per eeht and "^et^elr pro rata
Operations and Finances.— The company, to extend its easiness,
share of\he 5e "stock*
acquired the line from Cairo to New Orleans, and Invested largely in
t
tatement0, earnta«8 ' betterments, interest improving the property, and in 1837 acquired the leased lines in Iowa
years
by purchase of their stocks
;
,
™
%^„jt
SvL.„?
.h^f^forfour
^Z^P^J""
W
-
;
;
*
SUTEXBKK.
RAILROAD STOCKS AND BONDS.
1888. J
50
Perse
[Cliy
x
Claire
c
Vwajion.
LStevenalJolnt_
Mantle
1
)
'abasl
O.hko.h!
Minkato
*•
OwaibnnaA If
£ty\
Winona
Fona
lCro»M^Kl!
\
lOu
r
anuStiapidaA^
r wAuK,EE H ;.enV
• ioux cr
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vr
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5s
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3
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B'-
:
F.ANS
1
MAI' Ol
!*-><*
dhtn>
art
ILLINOIS
CENTRAL
R. R.
..—
c
:
C
.
INVESTORS'
:
SUPPLEMENT.
I
Subscribers will confer a great ftror by giving Immediate notice ol any error discovered
DESCRIPTION.
For explanation
on
of
Miles
of
column headings, Ac, see notes
Road
page of table*.
Size or
of
par
Bond* Value.
first
lUinoisd St. Louis— 1st mortgage
Venice & Carondelet mort.guar
Indiana Illinois d Iowa— Bonds, extended
•
2d mortgage
fndlanap. Decatur d Western— I.D.& Sp.lst
Date
$500
19 1875
6 1880-2
120 1882
o*
o*
T
120
153
153
153
153
72
72
117
117
....r
M.,g.s.f.
1st M.,for $1,942,000, g„ ($1,800,000 reserved).
c
Sd M., (Income non-rum. till Jan., 1893)
r
Income bds., non-cum., drawn at 100
Indianapolis d St Louis— 1st mort.. In 3 series.... Oi
C.
*
I.Jo,
(end.
by
0.
C.
gold,
Mort for $2,000,000,
Indianapolis <c Vincennes- 1st mortgage, guar
—
c
3d mortgage, guaranteed Fenn. Co
Iowa Oentral— 1st mortgage for $7,050,000, gold o*
100
rerfat
pfd.
st'k)
>,(con.
Into
Debt oer. $1,379,62
lotca falls d Sioux City— 1st mort
lihaea A uburn d West.— 1st mort. (for $500,000)
2d mortgage, (income for 3 years)
1,000
1,000
500
1883
1876
1888
184
500 Ac
1,700,000
1,450,000
1
1,000
1,000
500 So.
100 &o
100 &o
1869
38^ 1876
38>s 1877
1880
18*2
1888
1888
18 17
130i» 1881
Jacksonville TampadKey West— lst.gold.red.at 110
1867
9
Jefferson (Pa.)— 1st & 2d inorts. (Haw ley Branch)
1869
37
1st mortgage (Susquehanna to Carbondale)
1889
37
out
Jan.1,'89
New in., refund'g, $2,800,000, to be
159 1866
Jeff'ville M ad. dlnd.— lstM.(s.f.$15,OOo,dr natllO/o
159 1870
o
2d mort
do
do
1873
o
Jersey Oity d Bergen -1st mortgage
"44 1877
guar,
by
M.
C.
o
Jolield Northern Indiana— 1st M.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1.000
1,000
1,000
1,000
1,000
54
112
120
52
17
c*
Jacksonville Southeastern—1st mortgage
c*
General mortgage
p.iu.m*
M.,
($12,500
RR..
1st
Chic. Peoria & Ht. L.
Litchfield Carroll. & W. RR.. 1st ($10,000 p.m.) c*
c*
Louisville <fc St. Louis RR. Co
.
-
. .
For 1887 the annual report was in V. 46, p. 368, 380, 382.
of the whole line are shown in the figures below
The
profits
OPEHATIONS AND FISCAL RESULTS.
Earninas —
Passenger
Freight.
Mail, express,
Ac.
Tot-gross earnings.
Opeiatlng expenses.
1887.
2,355
1886.
1885.
2,066
1884.
2,066
R'dop'rat'dDec. 31.
2,149
$
$
2,852,439
8,143,»2u
2,529,632
8,332,151
1,62
l,6t>7,711
12,190,833
6,128,512
12,621.264
6,626,629
12,529,494
6,540,704
2,785,403
9,034,883
1,720,017
13.546,288
7,310,941
&
;
&
& Western.— Owns
Indianapolis Decatur
from Indianapolis,
Ind.. to Uouatur, M., 153 miles. It is contemplated to extend the road
to a connection with other important systems. This company
Spiing. RR., sold in foreclosure May 25,
Is successor to the Ind. Dec.
1887. The capital stock is $l,000,0i'0. Of the new 1st mort. bonds,
enough are reserved to l etire the old I.D. & 8. 1st*, whioh are subject
to a sinking fund of $40,000 yearly, dependent upon earnings. The 2d
mort. 5s are non-oumulative income bonds for five years, interest payable only if earnings more than suffice to meet prior interest charges
and sinking fund payments of Ind. Deo. & Sp. bonds. Trustee of 1st
Trust Co. The income bunds are
and 2d mortgages, Farmers' Loan
also subject to said sinking fund oharge. N. Y. Offloe, 2 Wall St.— (V.
45, p. 239, 272, 856,886; V. 46, p. 38, 404, 449, 538.)
westward
&
&
—
St. Louis. Owns from Indianapolis to Terre
Haute, Ind., 72 miles; leases jointly St. L. Al. & T. H. main line,
193 miles; total 265 miles. On July 28, 1882, the road was sold in foreclosure for $1,396,000 (subject to 1st mort.) and bought for Clev. Col.
Cin. & Ind. Co. and » new company organized September, 1882.
Mr.
J. D. Layng is the President. A new lease was made of the St. Louis
Alton <& Terre Haute by whioh this company and the Cleveland Columbus Cincinnati A Indianapolis are jointly liable for the rent of $450,000
Seryearas a minimum. Of the first mortgage bonds series "A" are
<fe J. ; series "B." M. & S.
series "C," M. & N. ; aud the C. C. C. & I.
RR. guarantees $750,000 of them. Stock, $500,000 (par, $100), the
voting power >ieing held for C. C. C. & I.
There has been a large deficit on the company's operations after deducting the rental. Net earnings in 1887 were $538,338; rental paid,
0,000; interest on bonds, $170,000 miscellaneous, $126,075; total,
6,075; net loss to lessee In 1887, $207,737 deficit in 1886, $324,The road is only incidentally of advantage to its owners as a
route to St. Louis. Operations and earnings for three years past were i
A-
.
;
E
;
;
.
Passenge
Years.
Miles.
& D. St.Lonia, Boatmen's
Various
do
do
6
M.
8
J.
by
Uoruis— Pnnolpal.Wnen Due.
Slocks— Last
Dividend.
June
Ilk.
1,
1895
1900-'02
& N N.Y.Lookw'dBros.&H.
At "111.
None paid.
Nov. 15, 1903
M. & N.
6
Nat.
Bank.
July
N.
Y.,
1st
1, 1906
A.
&
O.
l e A. & O.
New Vork. OUce.
Oot 1, 1947
8
I
5 e- J. & J. 1st coup, due July, 18 3 Jan. 1. 1948
-
'
795,000
10
7
2,000,000
Out.
6g.
500,000
Drawn at
1
Various N.
M. & N.
Y„ Union Trust Co.
do
do
Y., Farm. L. & T. Co
do
do
New York Oity.
July
Nov.
Feb.
1,
1,
1,
1,
100.
1919
1912
1908
1900
& A. N.
& N.
May
June 1, 11)38
& D.
At option.
int. na
A. & O. N. Y., Nat. Park Bank.
Oot. 1. 1917
7
N. Y., 11 1 Wll lain St.
Deo., 1906
J. & D
7
Never paid.
Jan. 1, 1907
7
J. & J
6
J. & J. N.Y. Am.Ex.BK.<Sc Phila. July 1, 1910
July 1, 1912
J.
do
do
6
J. &
do
Mar. 1, 1928
M & 8.
do
2 g J.
do
Jan. 1, 1916
do
do
Oct. 1, 1927
i* A. && O N. Y. do
Mercan.
Trust
Co.
Jan. 1, 1914
J.
6g. J.
4i« & 7 J. & J. N.Y..N.Y.L.E.&W.BR, 188» & 1927
do
Jan.
do
1, 1889
J. & J.
7
do
Jan. 1, 1909
do
5 S- A. & O.
Co
Oct. 1, 1906
A. & O. N. Y., Farm. L. & T.
7
July 1, 1910
do
do
J. & J.
7
Jersey City.
Jan. 1, 1903
7
J. & J.
July 10, 1907
7
J. & J N. Y., Farm. L. & T. Co
7
6
F.
M.
J.
2,800,000
400,000
498.090
300,000
1,115.000
1,500,000
516.000
247,000
1,566,000
-
<St
300, 00
2,000,000
2,550,000
1,995,000
258,000
800.000
I.
Division and branches was made Sept. 17, 1387; of the main line Nov.
9, and "f tbe Illinois division March 17, 1888. Trustee of 1st mortgage
Mercantile Trust Co.
From Jan 1 io July 31 in 1838 (7 month*) gross earnings were $747,808, against $716,510 in 1887; net. $i9,463, against $1 1,575.
The nseal year ends Deo. 31. The Income account has been as follows
INCOME ACCOUNT.
Gross earnings
Net earnings
Int. on bonds, car trusts,&e
1885.
$1,307,371
1886.
$1,323,625
$323,894
563,687
$171,196
720,275
1887.
$1,352,526
$174,373
Def. $239,792 Det.$549,079
142, 239, 303, 304, 373, 400, 437, 538, 641, 672, 698, 886;
619.)
V. 16, p.
1, 228, 371,
Iowa Falls A- Sioux City— See Mao of Illinois Central).—Owns
from Iowa Falls, la., to Sioux City, la., 184 miles. This road was leased
to the Illinois Ceutral till Oct. 1, 1837, when the Illinois Central aoqulred the property by purchase of the stock, of whioh the total Is
$4,600,000. Koad has since been operated separately. (V. 44, p. 439.)
Balance
6,235,347
5,994.635
5,988,790
1,062,321
Net earnings
52-20
52-50
53 97
5027
P.o.ofop.exp.toearn
• Excluding rentals and taxes.
—(V. 45, p. 142, 509; V. 46, p. 368, 380. 382, 771; V. 47, p 327.)
St. Iionls.— Owns Belleville to East St. Louis, IU., 15
Illinois
miles; branches to coal mines, 4 miles; total owned, 19 miles; leases
Venice & Caron. RR., 6 miles (and guarantees the bonds) total operated,
25 miles. Capital stook, $900,000 preferred and $617,000 common;
ending June 30, 1887, gross earnings were $204,Sar. $100. In vear
06; net. $98,247; surplus over all interest, $48,984; in 1887-8 gross
were $235,507; net, $103,176: surplus over fixed charges, $57,698.
Joe. W. Branch, President, St. Louis.
Iowa.— Completed and in operation from
Indiana Illinois
Streator. 111., to Knox, Ind., 120 miles. Stock, $3,598,000. Holders
of flret mort. bonds due Nov., '87. agreed to an extension, subject to call.
In year ending June 30, 1887, gross earnings were $188,701; net,
$ i2,893; surplus over charges and Improvements, $1,052. Gross in
1885-6, $123,089 ; net, $22,568. F. M. Drake, President, Centreville, la.
Indianapolis
6
$
$
2,749.940
7.912,043
1,538,850
.',905
$200,000
300,000
600,000
311,000
1,800,000
142.000
1,213,000
these Tables.
INTEREST OR DIVIDENDS.
Rate per When Where Payable, and
Whom.
Pay'ble
Cent.
1888
—
.
Outstanding
1.000
1,000
1,000
1,000
1,000
1,000
18 a 8
1888
1869
882
1867
1870
1888
Amount
lit
Vol. XLVII.
Freight (ton)
Mileage.
20,596.678 216,121,867
21,017,157 177,844,516
25,118,045 205,617,923
Gross
Net
Mileage.
Earnings. Earnings.
1880
265
$1,855,903 $249,249
1886
265
1,876,495
441.513
1887.
265
2,237,551
538,338
Indianapolis tc Vlncennes. -Owns from Indianapolis, Ind.,
to Vlncennes, Ind., 117 miles; branch, Bushrod to Dugger, 12 miles;
total, 129 miles. The Penu. Co. owns a controlling Interest In the stook
and operates the road, advanolng the deficiency to pay interest on the
bonds. The capital stock is $1,402,000; par, $50; due Penn. Co. Deo.
31, 1887, $1,758,308. In 1887 deficit under expenses, $20,828. Annual Interest on debt, $206,000.
Iowa Central.—Owns from Albia, la., to Northwood, la., 189
miles; Oskaloosa to Iiwa Juuction, 134 miles; Grlnnell & Montezuma
Branoh, 14 miles; Story City Brauoh, 36 miles; State Centre Branch, 28
guea ; Belinoud Branch, 22 miles Newton Branoh. 28 miles leased,
Manly Junction to Lyle, 20 miles, and traoks at Mississippi River, 3
miles
tr ickavce, Iowa Juuction, 111., to Peoria. 111., 3 miles (leases
to
B. C. R. &. N. RR. Co., Manly Junction to Northwood, 12 miles) total
operated, 52 7 miles.
Chartered as Central RR. of Iowa and opened in 1871. Reorganized
as Central I- wa June 18. 1879, after foreclosure sale under first mortn
a
!r ' 188l > defaul t was made In payment
of Interest, and
g l ^Tioi
1888 eo upauy reorganized under present title aooording to plan
stated In Cubomclk, V. 44, p. 653.
Foreclosure sale of th£ Eastern
;
;
;
;
— (V. 45, p.
19
Ithaca Auburn
&
Western.—Owns
from Froeville to Auburn,
New York &. Oswego Midland RR., Western Extenwas sold in foreclosure, and this comnany organized Sept. 20,
Leased in 1883 to So. Ceutral, at rental
stock
is
$975,800.
1876. The
of 33I3 per oent of gross earnings, with a guarantee of 4 per cent on
N. Y., 38 miles. The
sion,
first
mortgage.
Jacksonville Southeastern — 1.see Map)— Owns from
Jacksonville
112 miles; Chicago Peoria <fe St. Ltuis Railway (Pekin
and Havan* to Springfield, IIR) 120 miles; Louisville
& 8t. Louis Railway (Centralia to Drivers) 17 miles Leases Pekin to
Peoria 10 miles; Drivers to Mr. Vernon 5 miles. Operates Litohtlsld
Total,
Carrollton & Western RR. (Barnett to Coluanbiaua), 52 miles
316 miles. L C. W. RR. wa< acquired Dec, 1886, O. P. & St. L. By.,
Feb., 1887. L. & St. L. Re, D >c. 1887. E irninga on the system for
year ending June 30, 1837, mostly from the m*in line, were gross
to Ceniralla,
111.,
to Jacksonville
$287,475; net, $102,184; interest on debt, $71,807; surplus, $30.3 "7
Earnings for six months from July 1 to Deo. 31, 18 87, gross. $^81,087
net. $115,439; interest, $73,400; sura, for half-year, $42,039. For the:
Chioago Peoria & St.L. R'way. from Feb. 1, 1888, to Aug. 31. 1888 (7
moB ) gross eam's were $186,529 net $77, !68; and In the year ending
Feb. 1, '88, gross earnings were $287 541; net, $119,163. W. 8. Hook.
Pres't, Jacksonville.nl.— (V. 47, p. 107, 353.)
;
Jacksonville
Tampa
.Key West.— (See Hap)—Line
of road
Enterprise branoh, 4^ m. Deland
Johns f. I. R., Enterprise to Titusville, 37 m.; operates Jaoksonv. St. Aug. & Halifax, 37 m.; Sanford &
Lake Eustis RR., San'ord to Tavares, 29m.; total operated, 237's m.
This road forms a link in the Atlantic Coast 11 ie running fro ja Jacksonville to Sanford. Florida, an 1 via South Florida roa 1 to Ta-npa, whenoe
steamers run to Havau'i. (See full statement as to location, etc., in
Chronicle V. 44, p. 081.) The road was opened March, 1886. In the
year ending Deo. 31, 1887, the gross earnings were $450,669; net,
$130,127. The laud grant is about 1,500,000 aores. The bonds may be
redeemed before maturity at 110. Stock Is $2,600,000. N. Y. office, 10
Wall St. (V. 45, p. 25, 53 V. 46, p. 320, 573.)
Jefferson.— Owns from Susquehanna Depot, Pa., to Carbondale, Pa.,
37 miles; branch, Hawley, Pa., to Honosdale, Pa., 8 miles; total, 45
miles. Leased In perpetuity to the Erie Railway for $140,000 per
annum, and now operated by the N. Y. Lake Erie & West. The mortgage of 1888 provides for bonds due In 18 39, and for double traoking 37
miles, on whioh, after Jan., 1889. it will be a first lien. Capital stook,
$2,096,050. Samuel Hines, President, Soranton, Pa. ( V.48, p. 708.)
Jeffersonville Madison & Indianapolis.— (See Map of Pennsylvania BR.) -Owns from Louisville, Ky., to Indianapolis, Ind., Ill
miles branohes— Madison, Ind., to Columbus, Ind., 45 miles; Columbus, Ind., to Sheibyville, Ind., 24 miles; Jeffersonville, Ind.. to New
Albany, Ind., 6 miles; Shelby & Rush RR.. 18 miles leases Cambridge
Extension, 21 miles total operated, 225 miles. The road was leased to
Pennsylvania Company from 1873, with a guarantee of interest oa
bonds and 7 per cent on stook. Lease was modified from January 1,
1880, the lessees to pay over all the net earnings of the J. M. & L
The stock is $2,000,000, aud the Pennsylvania Co. owns
p-oper.
$1,981,600. Sinking fund, $15,000 yearly, draws 1st mort. bonds at
110. In 1887 gross earnings were $1,582,148; net, $408,996; rental,
189,336; surplus over fl ted charges, $83 032; profit to lessee. $19,dc
Jacksonville, Fla., to Santord, 126
branch, 4m.
Leased
in.;
At. Coast St.
;
;
;
;
? 60. In 1886, gross, $1,356,542; rental, $364,740; loss to lessee, $9,896.
Jersey City & Bergen.— Ownsfrom JerseyCity to Bergen Point,
N. J.. 23 miles. In 1887 gross earnings, $473,615; net, $88,277; surplus over charges, $25,190; dividends (9 p. a), $45,000. In 1886.
gross, $111,062; net, $102,381. Stock, $500,000. Dividends 7 per cent
in 1886 and 9 In 1837. C. B. Thurston, President, Jersey City.
&. Northern Indiana.— Owns from Jollet, 111., to Lake
Ind., 45 iniles. Operated as part of the Michigan Central
Road opened in 1854 aud leased to the Mioh. Cent. Stook
($300,000) carries dividends of 8 per oent per annum.
Jollet
Station,
main
line.
September,
RAILROAD STOCKS AND BONDS.
1888.]
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R.
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SUPPLEMENT.
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MAP OF THE
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RAILROAD STOCKS AND BONDS.
Inn m% Ml
63
|
Subscribers will confer a great flirar by giving Immediate notice of any error dl-.over.-d In these Tables.
DESCRIPTION.
Me note*
PDr explanation of column beading*, Ac,
on drat pace of table*.
Date
Sire, or
of
Par
tan. Boadl
(Philadelphia j.— lit uiort. (extended)....
i
Mile*
of
!
Kanawha 4 Ohio^iii "mort i# 1 0.'oob p. in. V. "ir
Mamas CenJml-Ut ni.<*48O.0OOguar K.C F.S A O)
.'
3-6
3-6
1842
115
l-s.;
Iff
mm
c'
10
i-<-r.
liluai Citu Clmtnn 4/tpriHt.Ut M., fold, guar ..
Pleasant RU1 A De Soto, lit mort.. gold.
i.C.JY*\«Nrm.-8toeh(W.74 a .7001s8p.e.prei.)
17*
45
752
871
100
1880
1-77
lawu Ctr,-«eij-li!t(8.88.000 gu.K.C.P.8.AO.)
d»
K. C.
Oon*.
A
F. 8.
M,
42}.OOOp.uUnotdr.
c-
G.. lit M.. land «r*nt. -In* fund.c*
do
do
Mortgage* guar. (dr. at 110). .c*
eKan A Mo. BR....
Trn-j ear coupon note*
Mem.. 1st M (drawn at llO)....e*
—
do
Kan. City 8. *
Plain b'ds (re.ri.le at 105). guar,
do
do
Current Rlr. RR, 1st mortguar,
Kan. V. Vests*. «f Mr.— 1st M. (drawn at 1101
do
Btr. equip.guar. (redeem, at 106)
Ian. O W t a»<rt * X.W.-it.*i9,000p.m..it ..4A«.c'
Imiwl) CnfroJ—Covington * Lex. .raort, extend
MaysrlUe A Lexington RK. mortgage
Hew
-
mortgage, gold
m»akMk*DtiMainn
let M.. int.
guar.C R.
I.
Keokuk a Waafern—Common stock
A
c
P.e*
J.rj
1---
LOO!
l-7'i
•80- ,84
100 Ac
Cmtafa JKrwr/ixi— l.t M.. g.. 9550.000 p.m.
2dmort. (•7.000.000), 9-50,000 p. m
Prmtmke— 1st mort (redeem, at r06i
Lackammna*
in
i--i
i.o -o
920.000
488.000
nOu.000
6
l.ooo
6
M A
m u
1--7
1--7
l.ooo
l.rf',i..xm
5
A.
1,000
M.
1.000
1.000
1.000
6.259.000
600,000
2.871,000
5
1
7
J.
J.
1
134
80
1988
1855
49
1-7.;
l-i-7
•
JO
non
c.ru.. r. (red. after
1
«97 at tO
)
1.000
1.750.000
18*8
1882
1.000
97M00
....
1--1
c*
1.000
1.000
I--7
Junction (Philadelphia). -Owns from
Belmont. Pa,, to Gray's
Perry. Pa, about 4 miles It connects the Peuna.. the Phlla A Reading
and the Phlla. Wilmington A Baltimore RR*., coming into Philadelphia
took, 9950.000; par. 9*0. FVeal year ends Feo. 28. Surplus over ex1-83-4. 9130,731: In 1884-5.
gicandli.t In 18*2-3. 9123.91*-.
865: la 18*5-6. 9131-212; la 18-6-7. 928.024; lo 1*87-8. 0107.Lerge dividends sre paid according to receipts each year. In 1884
paid 40 p. c. In 18*5 20 p. c. In 1886 SO p. c. In 1817, 45 p c.
Vi, 115
Kanawha A Ohio. -Corning. Ohio, to Charleston.
agile*, and to be extended to a point In Fayette Co.. W. V*., In all 180
'83. and
Rlr.
defaulted
Cent.
Mr.
oa
interest
Sent
Ohio
BUlos. The
was sold Oct. 22, '85, and this company organised and above bonds
*nd
of
company
aasraasd.
plan, V.
stork
old
were
iSee
Issued
Bonds
40. p. 3..6.) 9200.0<iO of the total of 91 800.000 l*t mort bonds are re
— ibe loan on the Point Pleasant Bridge, and 61 II.' Oo to
Common stork authorretire the Ohio Cent. Mlnrrsl Dlr. bond*.
'. 96.000.000: Sd pref.. 94.000.O0O. Omce. 2
laid »
W. Krtkry. President
(V. 45, p. 135: V.
Wall st New York.
46. p .
Kansas Central. -Own* froa CM*. B. I. A Pae. June, to Milton.
June 1 inlle:
rale, lor) allies: 1< aaed Lea« en worth to Cbk\
I A Pa
Ki-*vaiiued
Sold under
of nnt mortgage April 14. 1879.
April. 1879: on Apr) 1. 1887. .Ufsuliwas made. Oroas earnings In
I. 9 6,047; def. under Interest. Ac
9159 4i>4. Or a*
earnings In 18»7, 917933.614: def. under Interest. Ac..
9114.494. Stock. 91.34x.000. Union Pseific bold* 91,3
stork and 91.8te.OO0 bonds. (V. 45, p. 53.
Kansas City r-eli.— From Argentine to Washington Park. 10
mile-. Stork la • OO.OuO. Owned one-half by Atehlaon Topeka A Banta
.|M
each by Kane, Uty Ft Scott A Unlf s..d bio. Hll
aud ono.josrt.-r
let racked and used for a terminal road at Kan*. Cliy.
a .-• r
Union
Ar XprlngOeld. Owns from Cedar June.
Kans
r. Mo.. 164
miles, and branch Raynor Junction to
Kan., to
Ilea:
total. 174 miles. Bond was built In the
ITcssant
I. H. A G. RR-. which
company guarantee- the lionds
In Jan.. 1-«V the Pleasant II III A DeBoloruad,4i, mile*, ws* purrlnis. .1
A 8. Co. aasimiing the bond*.
fr.au Atrta. Top. A 8. Fe RB. ibe K. C.
Mack antaorued, K.'OO.OOO: par, 410«>: Isaoed. 91.7"
In 1-87,
aisjl 1j U owned by the Kan. City Fart Soott A Moaphl* RR
gross earning, were 9261.675; net. 909.45C def. under Int. 968.738.
Kansas city Port Scott 4k Memphis. -Oaaa mala Una from
Kansas City. Mo., to Memphis. Trnn., 487 miles, with branches. 184 m.:
total owned. 671 mile.; lease* -Current River RR.. Wi low Borings.
Mo u> Cairo, xl miles: total operated. 752 miles. Company formed la
April. 1888, bjr conaoUdattoa oftke Kanaa* aty Fort Scott A Guir and
m
W
.
,
R
.
B
,
.
r
.
.
i
i
.
,
mnki
C
;
.
A Memphis rail mads. The r*nm- City Fort Soott
Company waa organised April 1, 1X79, as successor to the
Kan*** Uty Spring.
'
A
J.
J.
I.
A" J.
6
A.
800.000
281.000
95.000
346.000
880.000
6
1
Kanaa*
A
.
A J.
AO
A X
1,642,000
1.000
N. Y.. Office, 23 Broad.
N. Y Morton. B.
Uo.
N. Y.. Office. 23 Broad
N.Y., 13 William street.
N. Y John futon A Co.
J. N. Y., Am. Ex. Nat Bk.
,
J.
1889
A
A
A
A
1
6
l--:i
•2
62
60
60
LakeEri,*Uianteal«outh.-\nM.U**\:iSoXHM.C
A.
2.750.0O<>
1X-.S
A
A
J. si"
J.
4.....HUXX1
....
.
6
219.000
400.000
6.037.000
1.000
100 Ac.
1878
162
143
Income bonds
Allegany Cent., 1st mort.. gold, payable at 105
do
3d M.. g. A Income M. not rum.
Inr. i^onrta.
—
,
,
282
134
PilUtntrg— Mortg. (for 92.000.000)
A A
tan
276
Due.
Dividend.
1907
1900
1936
1911
1919
1925
1907
1888
1928
1908
1910
1939
1895
Boston. Nat. Union Bk. May 1, 1923
do
do
May 1. 1894
do
do
Oct., 1927
Boston, Kerch. Nat. Bk. Men. 1, 1927
do
do
N. Y.. Western Nat Bk. Jan. 1. 1938
J.
26
81
whom.
.
ft
sixi.XKl
Payable
— rTluul
pal. When
Where Payable, and by Stock*— Last
J.
l.f.'/I.OOO
1.000
1.000
Cent.
6
1.318.000
500
When
4«a
3.192.000
88.000
19.709,700
l.'XX)
Rale )*r
A J. Phlla.. 233 So. 4th 8t July 1.
do
do
April 1
O.
J. 1 at coupon due Jan '89. Jan. 1.
6* A. A
A O. N.Y. Office, 15 B'way. April 1,
Jan. 1,
J. A J Boston, 26 Sears' BMg
6
A O. Bo-ton March's Nat- Bk. Oct 1,
r A.
5
Oet.
do
do
1,
A.
A
O.
7 g.
F. A A. Boston. 26 Sears' Bldg. Aug. 15,
Ion .
Webster
Bk.
May
M.
Bost.,
Nat.
1,
6
A N.
June 1,
do
do
1. A D.
7
do
do
Sept
M. A 8.
1,
7
P. A A.
do
Aug. I,
do
8
9125.000
300.000
727,000
1
Kmot
Kt-aeion d
Value.
91,000
1.000
1.000
1.000
l.ooo
1 «.;.-,
&o.uf«
INTEREST OR DIVIDENDS.
Amount
,
Outstanding
l
««
6
N.Y..R. P. Flower A Co.
Last paid April, 1884
g.
8
Last paid July, 1894
Last paid Oct. 1884
Rom
l-'.'o
19011
Oet
April
Jan.
Jan.
1,
1,
2,
1,
1987
1929
1S88
1J25
1938
1, 1912
1, 1999
1, 1923
April
April
Jan.
1912
Jan.
Jan.
Paid.
g.
cm
June,
July
1929
1,
A 1922
1,1917
1. 1917
A Birmingham. —
Ownifrom Memphis
phis
It) 71
to Birmingham. Ala.. *»1 miles: completed in October, 1887. Three
corporations In tbres States w*ra consolidated under this name. Bonds
England Tiust Company Is
for 925,000 per mile are Issued. The
trustee under the mortgage: abstract V. 46, p. 575. The Equipment
H., and are redeemable oa
On. bands are guaranteed by the K. '. M.
Memphis
60 days' no'l.-e at 105 and Interest. The K. C. Springfield
<
New
A
owns
A
and gives a traffic o-usrsntee of lo per cent of gross
earning- derived from business to aud from the new road, to be applied
first to the payment of any deficiency lo the Interest and second to rebought at 110. stock,
tire the bom is. The bonds msy lie drawn o
V. 4(1. p 2
95.41(1 030; par, 9100. (V. 45, p. 472, 575
hair the stock
)
;
Kanaaa City Wyandotte A Morthwrstern.-ioVe Jfi/i.l-Owai
from Kanaa- City to Seneca, 117 mile*, and ..ranch to Letvenworth.
Kan.. 16 miles, and operates I.-Bvenwonli Rapid Transit Railway, 4
miles; total. 13a mile*. Ko.nl o; -ened for budnoss February 18, 1888.
Mortgage of -- .trustee, r'arwr-' I. aui A Trust Co.) la Issued at 816.000 n mile, w tn 93.0O0 additional for equipment and fg.OOO for seoStock 1- i.OOO.'K) I; par
isls
ond tr ok, with further anion
JlOO; car trust debt 9310.207. rt-e full partl.-ul ir« In OiRomriK, V.
Nrwuisn l.rl.. Yiea-Prasldeiit, Kanaa* City, Mo. (V. 46,
8. p. X'ji
p. 678. 819,899; V. 47, p. 21.
Kentucky Central Hallway.—Owns from_ Covington, Ky., to
Paris to lxMtngt.'n. 19
Rounustone (less 3 mil -s le**ed», 148 mile
"
mile*; Pari*.
Ky.. to May.vllle. Ky., 49 in ilea: total owned, 21/ tulles;
px-k^r^l to R.wland. 34 miles:
nlle*: Round-tone to Living. ton,
254 mile*. This wss formerly the Kentucky
I mi.Central
which was sold In foreclosure A iirll 23, 1887, and
I
-.
i,
.
the present company organised, with st>x-k of 97.Ooo.ihxi. Stool outding, *5.W7,00.(. See arxrtrsct of mortgage (Metroixilltan Trust Co.
of New York. Trustee), V. 4 '•, p. 372. The Co, leased or tn. Ixiulav.
Nashville
It* Richmond branch for 99 year* from Jan. I, 1883, for
92 l.ooo per annum, with a right to purchase at any time for 4400, 000.
The Maysvllle Division Is leased for 928,000 per year, but the stock
A
RR
Is all
owned
From Jan. I to Julr 31. In 1«98 (7 mot,) gro*» earnings 9543,498,
against 9564,309 In 1 887 net 9208.8 70. agalnat $290.5ssT
;
HOOM*
ACCOIST.
IMS
9-I7.H71
Total (Toss earnings
MM
Net receipts
Pijtu iiuat*—
RsataU paid
Interest on debt
Taxes and miscellaneous
m
,
Total dlsbnrscmcnU
1887.
1886.
•990,098 91.067.468
9333,325 9455,359
961.210
255,250
4-.-..01-,
00353
35V529
965.0M
253.630
7:1.390
98X.574
9386.313
9382.057
def. 76,692 sur.243,751snr.973,2BB
200, 41 2.)
Mlisnnrl Rlier Fort ->oott A Gulf, fmceioaed.
Balance
The consolidated Ixmd* of 18*8 (truatee of ortsage. New England
Traat CO. of Boston, will retire all the abora bonds except tbo-e on the -(V. 45. p. 112.872,373; V. 46. p.
River MR. 81 mile*, will, h I* rot eoverrd by the oansolida ed
Keokuk 4k Des Jlolnes.—Owns from Keokuk, la., to Dm Moines,
saortaage, aad provldaa far the eonstroetloa of 180 mile* of branenaa. Ia„ 162 tulle*. This was a reorganlzaUon. Jan.
1, 1874, of the Dot
asM*trrol»
Moines Valley Eastarn Dlv., sold in foreclosure October 17, 1873.
The guaranteed : i-r rent bonds doe Sept 1, 1910. are on the follow- Toe property was leased for 45 yean from Oct 1, 1878. to the Chicago
llacs:
Fart
itcott
taa leased
Boathrastern A Memp'iU. 10 1 inliea. at Kock Island A Pae. RR.»n the terms following: that the leasee pay 25 per
lioad, 28 miles, at 913.43-'. per mll.<: Bhorl cent of the gross earnings to
f 15,000 per
this company, but guarantee the Interest
Creek A J.rplln Road. 29 miles, at *1 !.-<> per mile. These hoods are (not the principal) on the nrex-nt Im.ii.1-. The
11.52
Stock Is 41.52l.UOO
8
gits run red, |>nar:i-ul and Interest, and have a sinking fuml of 1 per per oeul preferred
atmajority
aad
92.6X10,400 common (par both 9100f,
f. a
w
cant of whais i*sn* annuslly. with i.kch bonds are bought at 110 or, if of which u held by the lessee.
.«n st 106; also the banda of Memp .1. K .u-as A
.'• miles at 91VOO0 |*r mile, without slusing fund.
Keoknk A We'tern— Road owned from Alexandria. Mo., to Van
r A Mem. aad the Kan Citv Fori Keot
in., 143 miles; operates Keokuk to Alexandria, 5 mile-: total,
A U. Ut mort.
he guaranteed bond* of 1910, have ni.-tlv l>ee» x
144 tulles; waa lorm-rly the Mo. Iowa A Neb., part of the WaiiueU *ysc,i, pi a. A Mam. new first*. The Current River i. in sold In fore. Insure Aug. 19. 1886. and r.org.tilxod under this
1 (or the Ksn
lareganranietd; they Were Issued a* p r circular In V. 44, title. Stock 94,000.000. A 6 per cent note for 4-40,0 Oxeouie.1 by
UH>rt. ptvsble at will, is outstanding-.
In Sept, l-.r.ihe iviuorvllle
The annual report of Kaasa* aty Fort Boot! A Gulf for 1887 was In V. Moravia A Aibla road was lea-el. F.oui Jan. 1. 1x8-1. to Mar. 31. 1x88
46. p. 199, snowing the following earnings aad raeume account for tour (J sooths), gnxis earmnira were 97-t.oso, against 677, i .
In
yean:
net earnings. 915,799. aoiin-t -.3.312. In 13 m lashi .-n.li.ig Dec. 31,
ixcomb sccotnrr.
-nw- earulngi were 936X.387: net, 41 12,196. F. T. Iluirues,
t
>
i
-
.
i
I--'.
Total tro-a earnings.,
Total net lacoas*
/* « » i n ss sicais—
2.422.443
1.042.145
166,081
904,123
76,212
102.661
473,576
A
Ft. ncn*te>|iiip. bunda.
IMTidend*
paid oa com
bo
pref.
988,218
9
issssaa naaa tntara**..
t.
M. pru|wrt'n.
"
9,546.525
8
.
21.176
162,546
c.078
lOV .625
116.961
MKlas)
K
8
2J.100
MM
lx-7.
MM
VM9.il
4
i1
9
2.732.204
1,093,262
9
17i..4°0
214.1-7
111.477
215. 21
4....--.I
429,120
4
8
2J...IX1
133.7. >3
ll'.MU-
4Xj
KM
8
I*re.'t
Keokuk.
la.;
O. II
V. 48,
-
William Street, R. Y.. Vice- Prea't.
479
Kings County Klevsted.—Owns
-(V.46,
p. lo6,
3o4
:
p.
I
road In operation through Fulton ntieei, Bruu-lyii.t" Aloany Avenue, and under eon-tntci Ion tocity
limits, to be ab nit 6 mllei In all. 8t
k pal I In, ifn.o.xi.o.xi. 2.1 in .rtgage was Issued In 1888 to extent the road. President. Jam •« Jour.lan;
treasurer. James II. Frothlngbaiu. (V. 45, p. 25, 60u; V. 4d,p. 93; V.
43, p. 170.1
•<
Ac Pembroke.—Owns from Kiasrstoo, Ontario, Canada,
<.n th- ''au.tdlnii P.t"in.< Kit
101 iiillei; lirano .e<, uilles;
113 miles
Hon.ls sru i-edeenabte on notice at i"5
Offore.l In
Row York. In 1887 by R P. Mower A Co,
000; par 950.
Urns* earnings. 1x86. 4148,568; net fix.
rgc*. $.3 1.320
surplus, ai4.u28. In MX ; gross, • 75,1.15:
aurpius over
lutereat. 916,784.
See full statement in V. 44, p. 402.
Lackawanna A Pittsburg. -A consolidation in April. 1883
XX3. of
the Allegany Central and toe Lackawanna A Pittsburg. Koa.l upon
New York, to Perkinevlllr. 41
Kingston
ro
Kentrew
.
toial,
1
Tot.l
9K
V. 45. p.
menta.
1^46.213
964,491
1.084.330 1,076,562
def. 4.088 anr.23,747 rar.31.U91 *nr. 8,710
574. 613. 942 V. 46, m. 199. 687, 978. 779; V. 47, p. 140,
;
HI
SUPPLEMENT.
LNVEST.tR--
61
Vol. XLV1I.
I
BISMARCK
>
o^
RlponJ
\pe« Jc
if
*»**
t
vO«'
tf
ff.RICl
^»*
«'
Sf
Ja
t_
~\)
.
Edgeley<\
fPelic...
Lisbon
Milnor
Wahpetou
Rutland
kidger*
rn
mils view
">Le
"-Kugle
^ug'eBeud
,^
cCen
e»"
Morrit
Vo^oT
Deau
Ortonville
i'Fernei
Uilbnnk
Fanllct on\
egt
Viui
luing
nK
\>*<'"*«>»«
Browns VaH
-
Bowdle"
»ot*
00
'
EaitH»°
^Reigstndt
)k|i.f
,>*
Rape.
~
Harlem
D
«•,<.*>«
fBanue
Davenpo,
^\
'«.»
Gettysburg
WiUniHr
*&>,#0
Mantonob Redfiei
tUehlnso;
8 en n ett meL F TSUU r
K>°*
Mfllur
VolsoyV
**
Sleep) Eye L.
Wooneocketf
Slew Bed Ajj'jra&
Flandreau
kVUasN
Chamber Jain
Lake Oryst
Madison
Rosebud/
f
Esther V.
— —4~RutliveiV
-
openoer
j^i.
ooar
Running wSie^
Keunedy
Ai
lSiJ
~_i8t<inn I_
"«\XAV
\°MidTole
mislay
SRSiou.Ctty
Deloit 1
A-^wSpre.S ^
R^V^V
£
Emmets^*
«"o„J«<^
*
o*A
(Atlantic^
Bra*'
/ Cumberland
/
v
t»l
^°*
Ourtiso
KEARt*«
Eli
Super
OberlinQ
HaooverA
)\ BelteY.
Burr Oak',
CEN.
-
Alton"
">a Ul
Belo
'^So^S.
""•on/
PACIFIC^
'"flea
^^ss
™" Alexander o-^f **
WaverlyS
,,,,AT
*r Stafford
Oo°
_<o*°
'•<**
/
KeoeboFiJIs
luka.
*'
Oullison
MedioineLoage .p--*
MAP OP THE
-f er.suppLi
<>r
»io4^
,•
v!
/f T"
'
KANSAS CITY^ WYANDOTTE
'
Verdigris^**'
Vimta
J£tf
/Chojrleanj
awn
D^6apulpa^A%
WSfERN
i
RAILWAY & CONNECTIONS.
rp
FTJtCNO
Co,
TJ»
JL
'
If
TJ
m.
Hayettevifl
BayetteviQ
©
.
T
TAllLFQUAIl
Mountai
y\.6IBS0H'
i
.
:
RAILROAD STOCKS AjND BONDS.
un
..
..
69
|
Sabwertber* will confer a crest lavor by giving Immediate notice at any error discovered In these Tables.
B-huU— PnncI"
TNTERK8T OR DIVIDENDS.
DESCRIPTION.
Miles
For explanation of column beading*, Ac, see notes of
Road
on lint page of tables.
Lake grit d Western—Con. stock. 920.000 per mile.
Preferred stock, 6 p. r. (oot corn.) (*20,.O0
l»t mortgage, cold (410,000 prr n
864
sink, fund,
(250.000
-I
y'rlyi
...oo. if..r*>5,000.0O0i eonp.A rag.
dlvldrn.1 l-.nd*
r
(CW-v.
la, A Asa.RH.)
hoods
Buffalo dttrle,.mortgage
I
Ealamaaoo
KaL
mort.Kuar
White Pbreon. 1st mortgage
A
A Gr.
Rapids, stock. 6
Allegan
p. c.
do
1st mort. boi.ds
l.ooo
l.i
1-73
500 An
1st.;
I.IH10
MB
1,000
M
iid
51
1869
l.ooo
1,000
1.000
1.000
1.OO0
l-.;'i
l
ZxAi.ja
03
22
25
ra "si
5oOAc.
1880
1872
1
J.
7
7
7
7
7
S
A.
A.
A.
b
7
O.. to
Phalanx, o.. 60 miles. Formerly Cleveland Yooagstowu A Pittsburg,
•old la foreclosure Dee.. 16r6. In Hie in.enst of ihe bondholders snd
reorganised Jan l--<7. ucder above Bsinr. Ills p ra p oos d to extend the
road East sad North to F airport 00 take Erie. Stuok 1* 62.000.000;
par. 8I0O. The 1st mart. •• snide. 1 10 the lien of »l50."Oo bonds of the
Alliance A Lake Erie
on road from Paelan< to alliance. g| miles
The balance of 1st mort bonds u r> served for extensions, at 925,000
per mile. A. L. Oriffln. President. Pittsburg. Pa;
M. Lawsun, Treasurer, 102 Broad* at. I
.
RR
A.
J.
J.
J.
J.
J.
J.
2%onpf
A 11
A O.
A O.
A O.
A A.
A J.
A O.
A J.
A D.
A J.
A J.
A J
A J.
AO
r
Aug.
1.
.Inn
1,
1.
July
Coupon* arc
i'itt.1
Oct., '88 to '90
In
Deo.
1903
1899
1892
April
1898
Aug.
1906
Jan. 1, 1890
Oot 1, 1888
Var.toJ'lv.W
June I, 1894
July 1. 1888
July 1. 1934
Treaaurt- at Grtid
Central Depot, N.
Y..
April
Oot
and mastered
Interest by Union
Trust Company.
I
Y. fAilun
.V.
1937
1888
1888
1UO0
1900
Tr Oo.
do
l» N. Y. Nat.
Ex Bank.
do
do
do
do
1.
1,
1,
1,
1,
.Inlv 1, lull
July 1, 1917
1899 A 1911
A D. Phil., Fidel F.AB.Dp.Co. Deo. 1. 1907
Oct. 15. 1888
Q.-J.
Philadelphia, Oraoo.
June 1. 1898
J. A D. Reg. atofflce; op.B'k N.A
M. A 8.
Philadelphia, Offloe.
Sept. 1, 1910
J. A I)
do
do
1898* 1928
M. A N.
do
do
890
5
6
A.
J
1«4
6
7
6
8
7
2
1
A J.
m
J. A J.
M. A *.
J.
q
6
5
do
do
Jan.. 1892
Clnii.Offlce.LaTette Bk. Sept. 11,1888
do
N.
Y
,
18M
do
Bank of America. Rot.
2,
1912
classes outstanding are given less the amount* held ln the sinking
whloh amounted to 64,25't.000 Dec 31, 1887.
OrCBATtOKa, Fi*A*Can. Ac.— The annual reports of this company are
models of clearness In all the statistical matter. The road Is greatly
depead i nt on through traffic, or traffic, from competitive points, and Its
business Is Injured by any cutting of rates.
tn 1882, 140,500 shares preferred stock and 124,800 shares of common stock of the New York Chicago
St Louts Railroad (a controlling Interest) were purchased. This N. Y. 0.
St. L. (Nlokei Plate)
stock was after sards cut down one-half ln the reorganisation, vli , to
70.25O share* of prer. and 62,400 shares of common and an assessment
of 10 per cent cash paid on tt the com /any receiving 62.503,000 1st
A81.L for the —eminent
-d the 1st consols for 6849.000 were issued, bearing only 5 per
cent Interest, and these may be redeemed by Instalments on Oct 1
A
A
each year till 1890.
For the six months ending June 30, 1888, the statement was a*
U
Dross earnings
Operating expenses
from Ban
dusky, O. to Peoria. IU.. and branch to Minster. «30 miles, and fn.ni
Net exrnlncs
Indlanai-olls to Mkhigan liy. 11 Jmles, total, 592 miles, This is the
Otkerlacome
- fore, lo- ore (oo
Dpany for
Dee, 14, 1886,1 of
• Erie A Western railway, which bad been made up by a conTotal
••. of the Ula)ette Hlmaulagtoo
A MoaeM and Interest,
taxes and rentals
Erie A Western. In Match. 1867. purchased the Indianapolis
Pern A Chic, mad, 1»2
Surplus
Abstract of mortga*c (Central Trust Co. and A. L. Mnnson, trustee*), Blnklog fund
Lake Brie * Uesiern Railroad.— (Am Hap —Own*
1
1
tB V. 46, p. 45.
Range of stork prices since renrganlratloa has born a* follows: Common In 1887. 13a2|is: In 18-8 to Hept 21. inclusive. 12>a«19. Pre
tenwd la 1887.89% •01; In I88i to Sept 21. in.lusive. 4«»i«e .41,
From Jan. 1 to July 31 |J m».i in l"-" gross earnings were el. 102.
979, against #1.1 21Mb'' In
<0, agaiu»f>405,130.
The annual report for 1887 waa
Earnings and op. rstloi.. f. I Iks kat Htm 9aaa -k
<).. t.i BIlsllM'
Feo I. I--T. .nd from IndUnai~.li. 10 Mlrnlgan
'« dose of the year, were a* follows:
, from March 16,
do
q.-j.
F.
J.
7
IfcXI.OOO
do
q.-j.
7
3930:1.000
5.000,000
6.000.000
14,011.000
6.000.000
1.34J.OOO
4,913.100
250,000
1,500.000
,
from BergboU,
7
50
Bwaln'a to Honda. 11 m.; Oieaa to Angelica, narrow gange, J8 111.—
total. 90 miles
Stock •6.000.000, of which 81.5O0.000 U preferred.
In 1884 Company became eoiliarrasaed and in Dee., 1884. a receiver
wag appointed. A plan of reorganization was agreed upoa. and under
It securities were deposited wiib Mercantile Trust Co. ism V. 4", p.
200 hut dlfBeultle* arose and matters caste to a stand-still. A new
plan of reorgantxai Ion has recently been proposed. Earnlnxe In 1885-6.
9 0.943; net kss. 617.859. In 18867. Bet loss. 62.000. Geo. 1>
Lake Krle Alliance A 6onlkern.—Owns
24,6!'-
Dividend.
J. N. Y.. Chafe Nat Bank. Jan. 1,
A. N.'k ..Grand Ceut.OIIiue. Au<. 15.
K. .V A.
5 J.A J.
«
1.000
1.000
1,000
864
IMS
5
5
50
"84
15,011,000
649.000
8O0.000
904.070
385.000
l.ooo
1,000
1,000
l.ooo
l.ooo
A
A
J.
F.
5
1.773.0C0
1.500.000
1.000
l.OoO
1.000
1868
1670
2*
533,500
990,000
2,784.000
824,000
400,000
610,000
887.000
50
1881
232
o>
Whi'» Where Payable, and bj
Whom.
Parable
I't-r
Out.
5OII.000
41
891
101
101
Rate
1,356,000
1(0
43
43
)
guar
ItiMgmm BndmH Hirer— 1st n>..g..lutred'oedto5%
Sd mortgage con.ol. (for Warwick Valley. l«t A 2d rus (92. 0,000 2ds. 1911)
g LmtK .- .: A 2d M. (•100.000 are lsui .
£*AigA Va ll ey Btock (9106.300 Is prof.)
1st mortgage, con poo and registered
2d mortgage
r
Ooneoi. mort-.gold.»A £1.. fd. Jpc t'rlyl
CAT
Saston * Ambor. 1st mort., guar. (for 9o.00o.00o.
Delano Land Company bends, endorsed
hUU* Miami- 6tk.coiu..gu.8 V99j rs. Pltt.C .4
iron. 1st M. tJoluUy wuuilu.A Ind.Ki.
j
oo
1897
1868
soar. . .
c
48,4i;H.MK>
05
88
62
»7
e
Jamestown A Franklin. 1st mortgage
Jsmeetown A Franklin. 2d mortgage
Maboait g '"oal.ai'k (9500 O0O is prof. guar.5 p.
o.ooo
100
100
«',4
3d mortgage
1st
1,000
loooi
1*T0
1STO
664
i
i
Dot Monroe A ToL,
1887
1,340
i
paJ.When Due-
Amount
Outstanding
100 111340300
100
11,840,000
131"
Guaranteed 10 per cent stock
do
do
Par
V.iiii.-.
6M
992
Lmkt Shun* Michigan Sc/K/Aern—eitock.
Ooosoi. 1st mort.
Bixe, or
of
f92
m.)
p.
Data
Bonds
98.644.386
93.523.676
IMlfl 199
!.--.vi:|K
lu .004
..t,:.:tn
93.6 10.680
2,151.305
93.881.127
91,479175
.000
91,762.697
1 5.000
91.354. :t?5
81. 627,697
1.12
9MI.330
Dividends, 2 per cent
fftt-
1S87.
1888.
98.667.898
5.144.222
964.330
Surplus
9638.367
9365,045
The annual report for 1887 waa published ln V. 46,
570. containing
the tables below, showing the earnings and Income account for a series
of years:
OrEBATIOX* AXD ris.'AI. Rser'T*.
1881.
1886.
1887.
t.,r..x,.,j.
I"-"
1887.
UM
erated
M
op
1.31)
1,341
1.340
1,340
rrjlght
61.135.262
91.000,736
• aasaagars...
5.11.805
457,466
Pass, earned (No)
3.623.196
3.479.274
3 752,840
3,715.508
Mall, express, *«
Paas'ger mileage... 190,5033 >2 176.830.304 191.593.135 20 .,781,459
Total
•l.h'j'.ll
91.fi
pass,
2-170
2-H96
ct*.
eta.
p
?.
Operating expaasas
Uiv.484
(tons) moved
-.' 89399
8.305.597
7.998,8119
Ketearnlngs
0O6
"ii
T
633 ,0jb Fr'ght irns) mileage • 1.410,545
1,602,567
Av. rate p. ton p. m.
0-639 OU.
96 .i cts
Kf'IKI ACOOUXT.
Jtarwaap*—
6
9
9
9771,680
Passenger
4,133.729
3,630.375
4,020,550
*fr*m net earning'—
Freigh?
H.3-.-.-I7
9,031317 10,3J the mortgat-r bonds
9171.333
Mall, exp., rente, Ac
le35:
1,462.713
1,509.280
Taxes
194107
Rental of tracks
4.766-29(1,007
Total gross earntngs 14,843384 14.133.505 15.859.45j 18,710.962
8'irplns 10 Income aeoonn*
H7
Operating topmast—
9
9
9
9
C. 8. Brlce. New York. Preslo.nt-fV. 45, p 572; V. 46, p. 45, 447,573.)
way. Ae.
2.07A.084
2,014.041
1,532.252
1,814,777
Lake 8k ore A Tflrklgan ltoatkera.-l.i5K or KoAD-Bof- Mainfoeof
Malnt. of equipment.
1,340,291
1.995.019
1,111329
1.347.379
falo, X. Y„ to Chicago, III 540 miles; branches owned, 319 miles. Other
Transport'nexp'nae*
5.192,943
5,730.977
5,277.444
5,380.166
lines owned as follows Detroit Moo. A Toledo. 62 mile*: Kalamaxoo A
485.916
476,257
521,543
518,688
White Plaeon. 37 miles; Northern Central (Mich.). 61 miles; total, 160 Taxes
Miscellaneous t
666.398
718,468
528,269
588,231
nalles.
Brians leased are as follows: Kalamazoo Allegan A fir. Kaplds.
66 mile*; Jamestown A Franklin, 51 miles; Mahoning Coal HI'... Young*Total
9,731,621
11,029,799
9,133.521
9.287,537
town tn An lover, O and bran, hea, 42 miles: Detroit Hill*. A South6.127,833
7,681,164
5.710,063
4.845,968
west. 66 miles Fort Wayne A Jackson. 98 miles: other*, 8 inltes; total, Net earnings
315 miles Total road owned, leased and operal.d. 1.341 n
61-36
58-95
61-53
65-71
P.cof op.ex.toear*g»
OaoAiiUATiog. Ac. -This company was a consolidation of the Lake
* Three ciphers omitted.
IWAJfaa Southern A North. Indiana
Includes damage and loss of freight and baggage, personal injuries,
May 27. 1869.
Ene
August 16. 1869. The consolidated line era law expen se * rents payable and hire of ears.
er roads of the Cleveland A Toledo and the CloventOOHK ACCOUNT.
PalnearUle A Ashtabula railroads.
The roads leased at
1886.
1987.
1884.
1885.
r. ntaU
are the Kal. All. gan A Orand Raplda. Jamestown
Mtetipf9
A rranklln au.l Mahoning OoaJ. The Detroit >l..ur.w A Tol.
Netearnlnc*
8,127.833
7,881,164
5,710,063
4,845,968
Kalasaasno A White Pigeon, and the Northern 'Vniral of Michigan, are
Uvld's.Ar.
110,752
129,999
Interest,
proprieuri rna.1- coatn
•)• own-ralup of their st... k.
.-,
1
M
slithe
UgCoal RR Is leased St 40 per cent of itr.*>s earnings, and Its pnTotal
6,238.585
7,811,163
5.710.O6J
4,845,968
stosk and bond* guaranteed. The New
road Is controlled by ownership of stock.
paid
443,900
449.313
Rental*
446,450
439,168
errsens «sd B- .xi-i.-T)ie guaranteed stork of 9533,500 carries 10 per
Interest on debt
3,326,460
3.276,140
3374,938
8,990370
e•'l•• T1** ordinary stock has paid the following dividends Divi.|« on guar.
.'.;i,:;50
53,350
53,350
s'k.
9360
staoa 1870. vis.: In 1871.8; In 1872.8; In 1873.4; la 1874,3%; In
Hluklngfund
250,000
250,000
I
.
.
alrotn
1
.
.
1
MUi
|
:
.
:
,
;
.
RR
RR
1
1
,
1
,
.
••W$
•91,
fa and
'83,8 p. et each year. In
la price* of aloe
-
The range
1871. 8".-.rfl
1972, 83J**98%: 1873. 67-«A97<.
V&b
lfi's;
:,iu,
»5»13»H
'86190-1:
It.
Total dlsbiirsenrta
Surplus for dlv'd
i.ivldend*
Rate of dividend*...
BanaMt
rt>e nrst
........
'.000 ,-ontn
,.| .t,
...t.-d
.1
nmrt<
.#.-
1.
to tiw sinking
nu
.r.
fnnd
r.
|.
T..-
.
..,...)
-iIkivh
a**a ran*
Iniii.Is
of
tit
nil
n Mii«
3.720,670
1.989393
2373388
(5)
4,117,456
728,812
4,073,730
2,161
989.330
(2)
3,776,809
4,012,360
1,976,690
(4)
483.932 tur. 728,512 sr*l,175.525sr 2,053,700
anrpioa, 9192.522 was applied to redtiotlon of pay-rolk);
vourbera. Ac. at
def.
r.
INVESTORS'
SUPPLEMENT.
[Vol. XLVI1.
.
Sbftmber,
H
»
.
.
;
RAILROAD STOCKS AND BONDS.
1888.]
or
Subscribers will confer a great tevar by r I viae Immediate notice of anjr error discovered In these Table*
DE8CBIPTTON.
For ULciananon
on
IAUle Sack *• lltmpktt- First mortgage, old .... e
IAtU* Bchnylkin -mock, "pc. rental. Phil. A Bead.
Long IwUuul—stock
o*
1st
., Jamaica and Hunter*' Point extension.
In M.. nuta.l 168.500reeerv'd for above bd».. 6*
135
31
360
M
—
3d mortgage
OonsoLM
g. <81. 559.000 re*erv'dfnrr>rlorbds.)c
l
95
156
179
•
General monj.r. lor 81.000 000 (2d lieolgold c*
189
Newtown A
3-9
New York A Rockaway. iraar. Int. only
Bmtthtowu * Port Jefferson mortc.
- «t mortgage, cold
*«. iMtit— latmorUE.
tna Wtmttrn
•' **•***.
1
lit n ort.. cold, for 82.OoO.OO0 (2d on
2d mort
Hni
rb.
19
27
112
B AS.,
..«•
8 1.000,000
.gol.l. for
10*4
e*
1st M.. gold. guar...
.C
LmtUrilUd
.Vaj*rW/e- Brock
General M.. cold, drawn st 110 (S20.uo-i.00n) c'
Lebanon branch extension. Lmusrllle loan....e*
Lebanon-Knox tIUc extension M. (»l.500.OOOi a*
QMIIiii Branch. 1st mort.. • f.. draim at 100.. e*
Consolidated 1st mortgage
a*
a
1.955
. .
lt-'l
1
1881
l«.;:t
.877
<*
i.ooo
1.000
1.000
1.000
1.000
1h7:i
1881
1884
lito
799
141
8*
365.780
71\000
365.780
715.000
354.167
715.OO0
12,012,830
12.195.068
12,113.700
933,080
645.400
1.454,942
966.311
1,461.147
674.400
1325.859
596,430
1.701.011
2.559.928
1.216.840
2,004.482
734.369
.
Bond* owned,
Adraneea
cost
.
.
Total assets
218.682
673.474
235.795
1.249.858
1.A88.50O
105.265.092
....
....
Other Itatdlrnea
ProSt and loss...
ft
ft
6
.-
5.000.000
5,000.000
• ft
6g.
N.
A
A
A.
Q.-J.
J. A D.
AO
A a
A N.
A.
M.
M.
,
,
A
A
A
A
A
A.
A.
A.
A
J. A
A. A
M A
M. A
A. A
!J. A
P. A
J. A
J.
J.
J.
M.
A
,
1
.
Oct.
1888
1.
Oot. 1, L938
Oct. 1, 1927
Sept. 3, 1888
do
do
June 1.
do
do
Oct. 15,
do
do
Marsh i.
do
do
Mar. 1,
do
do
April 1,
Londo
June 1.
do
do
Aug. 1
N.I ., 50 Exchange pL Dec. 1,
M..r. 1.
do
do
do
do
Nov. 1,
il.l
do
Jan. 1,
D.
O.
1
8.
O.
A.
D.
N
J.
1930
1898
1931
1907
1898
1901
1:102
1919
1922
1924
1930
AOCOUST.
D
1886-87.
1885-86.
8
8
4.101.986
9
Ins*
1911
1937
1910
1921
1921
1,
1.
1.
N.Y. ,Bo,Pac.C...23Urd July
July 1,
N. Y Mercantile fr. Co
O. Boston. Cont.Na>. Bank
O.
do
do
do
O.
do
N.I ..50 Exchange PI.
4.400,263
.
May
Muv
N.Y So.Pao. Oo.,'J3 Brd July
O.-Mar
J.
1888
1888
1890
l. 1898
Aug. 1, 1918
July i. 1-81
June, 1 1938
April 1 1901
Sept. 1 ,1901
May 1. 1891
H»
do
do
do
do
do
do
do
M. "AN. N.Y. Corbln Bank'g Co.
M. A N.
do
do
J.
J.
J.
1937
Se-vi. 1
July 7,
Aug. 1
1
May
do
5,054,771
8
8
2,059.541
2,048,201
2,011,171
650380
682.003
1,331331
1.018,747
1,060,234
4.370.160
30.103
4.061.735
40.250
4,643.999
410,773
on
Morris Canal, depreciation, Ac..
Dividend.-..
604494
Mai
sjgjbji
1384,081
105328334 107.104.924 103.7*0.946
In "85, 10 on pref. and 3 on ootn.; In '86, 10 on pref and 4 on com. In
10 on pref. and 4*4 on com.— (V. 48. p. 101.344, 371,678; V.47,p.
*
.
Lehigh A Hudson River.— This road was opened from Orey
•own. ob Erie road, to Belvldere, N. J. 63 mile*. August. 1882. ConMj s flir April. 1982. of the Lealgn A Hudson Rlver.no
alley road*. In addition to above there are 966,000 Wayawanda 6 per
sent bond* due Iimmi sad r8».430 ear trusts. Stock. 91 340.OO..
eoopons Jul.. '«'.. toJnn '87, in -lo-tve. were funded. In l*r
atrssBe eontrart was msde with Lehlch Ooal A Nav. Co. an 1 In Aug
f
seoulrrd control of the road by imrcbsse of
I
stork. la jf.sr
..1 n< Sept. HO. 1887. gross nmi'c were f.'44.1 il
»et.»l
lusorernterrst stl.ltstes, 87.1.-.9. In l**5H6cro*s
MrBlrias.8909.2S4: net, 991.9S3; Interest on bonds. 884.fi^
Bart. President. Warwick. N. Y. (V. 45. p 856.)
.
.
.
.
.
Bethlehem. Pa., to Wind
'i.e. In eonneetlon with the Wind <;..|> A DelaBanror. Pj.. 32 miles. It Is o|»rsted l.ytlie'
BsJIrtstd of New Jersey under a special screens nt. Opened It.
Of the above bonds, 8100.000 are a 1-: mort., and 8500.000 2d
art. Capital utoek. 8*70.500; par, 850 Orosa earniiu". In 188)7.
956.319 act. (14.765. la 1886. net, S13.K00.
I
d. In
.
•87,
I.lttle *Ilaml.—Owns from Cincinnati, O.. to Sprlngflcld, O., 84
miles; brsu.ii. Xrnla. O.. to Dayton. O., 16 miles; leased, Coluuilui*
Xenta BR.. Xenla to Columbus, O., 55 miles; Dayton
Wot. RB. Dayton. O.. to Indiana State Line, 38 miles: Ohio Htate L
to Kl.lnnM, Intl.,
4 miles; (Incln Street Conn. RB, 2 miles; total operated, 198 miles. The
anil Rallnskd proper extend* from Cincinnati to Mprtngticld. but
I
'be portion between Xenla and BpringAeld is now operated a* u branch ;
for the remainder of the main Una, as given above, the Col.
Xenla
road (leased), la used.
On December 1, 1869, the Little Miami, with all II* branches, Ao.,
was leased to the Pittsburg Cincinnati A St. Louis Railroad Company for 99 years, renewable forever. The Pi-unnrlraula Railroad
Company 1* a party to the contract and guarantee* Its faithful execution.
Road t« now operated by Pittsburg an. A St. Louts Railway Co. Leads
rental I* 8 per cent on 84,943.100. Interest on debt and 95,000 per
annum for Little Miami Company'* expose** of organization the fulfillment of toe lessor'* lease obligation I* also stipulated. In addition to
eb-.ve. debt there 1* Sloo.ooo 6 per cent permanent capitalised debt:
inierr-t J A J. In 1886 net loss to lessee was S4fl-.iW(».
In 1887
net revenue to leasee was 9142.454: agalnit which paid rental, Ao.,
9740.659: nei low to leasee 9294.405.
A
;
Utile
Bock A nemphla. - Owns
e Jleini.h:-. 135 miles.
In 1 BT3, a.-ai
The pre*- nl company was organised set
Isioils hav-i liecti retire 1 with N
the annual Intere-'
road was sold in foreclosure
:
Klv
I.
Lehigh Valley. -Own*
A
A
Lehigh A Lackawanna.—Owns from
Oap.
f
•
9.57-t.OOO
M.
..
do
do
do
do
do
do
do
do
Total net Income
Ubu rmmum It —
Interest on debt
684.40"
Total Uabutttas.. 105.265.093 105.228.854 107.104.924
5, . -..304.743. 830, 872. 888: V. 46, p. 255.570, 610,
650. 783. 902: V. 47. p. 227.1
war* Ballm.
•
N.
P.
Dividend.
Central Trust Co.
OlHee,4 10 Walnut.
N.Y .Corbln Bank'g Co.
M*A
'leneral. taxes, float'g lnt
60.000.000 5O.OOO.OO0 5O.00o.O0O 50.000.000
47,716.000 47.466.000 47,216.00) 46.768.000
26.675
26.674
1,016.005
1,016.005
2.975.161
911.469
1.131.670
839.144
.258
6,604,510
8,033,771 10.0-7.472
I
7
7
J.
N.Y
8.
J. Phil
•
It.'
-rv (8,1
M
7,070.000
3.500.000
2.015,360
2.340.000
A
A
M.
M»r«.-j— Last
Whom.
1884-85.
8*88
MatertsU. fuel. Ac...
Cash on hand
Uncollected earning*
6
7
Payable, and b-
Payable
scons
3*2.0 ««
729.970
office prop.
Pl.-U.-1
M300
gexekal saiaxcb at clou or bach fiscal teas.
1--V
1--7
1886.
1884.
a*s«is9
9
Ballfd. bsOd'c*. Ae
70.048,600 70,018.600 70.048,600 70,048,600
Bonlpmsnt
17,100.000 17.3OO.nO0 17.3no.nOO 17.300.000
B1 ait, A
6
333.000
I.OOO
1.000
1.000
1.000
CsLstCaaJo.bds.Ute.
Stork* owned, cost
Cent.
12.0-.B.000
8200
4200
i3C
83
135
.
5O0
500
500
100
-V>
1V>
1379
3d sf .. cold, (payable at 110).
10-tO Adj. M.. c (red'ble aft. -Ml
lat mortgage on Mew Orleans * Mobile RB
Collat. Trust.
l.ono
1,000
Wheu Where
pax
liat.-
S3.250.O0O
5 c.
8,487,850 31.41 >9X
10,000,000
1
168,500
7
7
1.121.000
7
208,705
3.441.000
• ft
•> g1.000,000
250.000
7
600.000
7
150.000
7
40.000
7
600,000
6
1.250.000
5 g556.000
6
2.240.000
• ft
900.000
6
2.000.000
6 c3,000,000 2 to 6 c300,000
31.518.000 3 stock
50
50
500
500
i.ooo
l.ono
1,000
1.000
1,000
1.000
i.ooo
1,000
1--7
&K
Memphis A Ohio. 1st mort., •terllnc, guar..
MemphI* A ClarkivUle br.. 1st mort.. sterling.. eMort. on Er. Ben. A N.. cold, drawn at 110
e"
H400
1881
l-*7
•SM
1—
Outstanding
Value,
100 sm
ls-1
I--1
71
Amount
Par
l-r1*81
1H-S
1871
1*71
1871
l-sll
182
182
72 M.).
Bflg
i--;«
9
19
Flu -bin*-, guar, principal and lnt
KqulTment certificate*
Ltmg Inland Oity * FtusAing-ltt mortgage
e•
«ol. mort.. coll. en d or sed by Lone 1*1. RB e*
a4» A tgtUs st An thfo— 1st M . (for 82.800,0001
L
1887
Bonat—1 'rini-i-
TNTEBE8T OR DIVIDENDS.
8ixe, or
of
oolumn headings, Ac, tee note* of
Road Skssl
flint pace or table*.
of
from
Little
Rock, Ark., to
The Meuiphi* A Little Rock
in 1877, and again In 1887.
17 and ail the old
t.-e bonds, making
the title Meiup. A L. Rook,
887. an account of the road.
.Iph Kluk. President,
from PhOJIpsharg (Pa. Lire). N. J., to
WUkesbarre. p»., lot miles; brsnebea— Penn Haven to Andrnrted. Meiuphi*. Tenn -i V. 4^. p. 401.)
18 *waai 11./ (Yeek Kiidce to Tonihlrken (and l.r»n.li.-i.
mil.-;
Little Schuylkill. Owns from Port Clinton to Tamnnend, 28
Lnniber Yard to MllneavtUe (and branch.
k Jnneil
operated, 81 mile*. The East MahaUon to Mt. Cannel (and brancbra). 61 miles Hlatedale braaeh. 4 miles: iiot Kit. was leas.
, r .. and sul>-lca«e<l to Plilla.
*•» Ores* Jnn.-tlon to Bear Creek. 11 miles; Lackawanna JiinetaSB to
kill ICillnrnd Is leased to the
rilkeebarre. 10 mile.
Vew Ko-ton Jnnetlnn to II ./let.. n. 14
Railroad for 93 rear* from July 7. 1868.
Line a Mtiii v.K.. Masn^sssn loBarwIck. 14 u li.
asMosraataa Rental In 1HH7, *li <:111. Kxtra dividend of "s per cent was paid
lAAtnisiv Ki
v. J., to PenaayleanU IJne, «o
July 7.
^perafed. 3'
... lesse* South, rn
c. nT.il KK n)M.rate.l
Lone Island. -Own* from Long Island City, N. Y.. to Oreen*nia A «'• York Canal A Railway, which latier road I*
iwned, l-'J miles.
Crt, NT Y., 95 in
asaocontroile t.v Lehlch Valley.
ase* Hmlthtown A Pt J.rl. r
1:1:.
19-Omllea; Stewart RR. to BethThis
rtant of the coal road*
Dividend" on the page. 14-5: Stewnc
s. Y. A Kockaway RR..
h * Te "v*- •» fottowsalBcel870: In 1X71
KSt**T.*J2."
itmoklyn A Jamaica RK '• >i
N.wtown A Fluehlng KK.,
""
18
,
1876.9; In 1877. 5>*: In 187H. lH7:t
Z*,;"3
"iklyn A M....t..uk. •."
It. A Man. Bench R'way and
1«m0. 4: In IMl.ftta >n 1**'>. ti^,: in 1Hs:i » n .| 1«h4. «: In «-:...
and
branchea. 20-4: Hunter"* Volnt A rw. Bide UK., 15; Kar Kockaway
A998.4:
la
1887.
»?
4««.
Prices of t lie common stock In Philadelphia l.rnneh, 9-4 l»
1. City A Flushing KK.
14 Whltestone Br.. 4: Wnodalde
InlM7
:i.T*»55;ln Br 3-9
fSSi VP7 .»y ** **>""*
total leaTotal owned an 1 ased, 360 mile*
"""
I7\: in 1hJST '. *1K* -'"J
The
Ixing Island Railroad went Into the hnn<l» of a receiver October,
,n l ' ,w 9* ,*» 62 l"> 1867,
*
1H77. h
.')•-•
.
;
•
;
1
:
.
.
—
I
.
.
•
:
•
1:
I
;
:
:
.
I
:
:
68VS57V
.
.'*''
i.*iie
'
:
20 per cent
I'l""..'!*" ** .par. tna ptwee-ds to be used
In iH» ( ln/
In
new
8*^930,000.
_
T
t ftseal
I*
The -•
m l/.n k- Island Company,"
enntrolled by Mr. Austin Corbln and other*. In Deo., 1880. In July,
1881. the (lock was Increased from 93,260.700 to 910.000.000.
he ir. nerul l.nn.li |..u" in 1888 provided for new equipment and
-lonsj trnrt.e of in. .rt /age Central Trn-t
nd» bare tN^-n as f dlos* since 1881: In 1182. 1; \n\WUo'Z7,
", 4 percent
Range of *to«k pti. e* * nee 1889 ha« been ai
fo'lnw*: In 1
In 1884, 62S78M; In 1885, 62 .MO?*; In
- 1-100: In 1-87. H^»<)91«; In
1888 to H.pt.21. Iiicl., 87<a»U5.
From Oct. 1. 1HH7. to June :)0. I^Hi (9 mnR.i. -arm** earning* were
82,134.631, against 8l.im0.59O In 1M86-7; net,9d37.3|o. a r.il uat S685,836 : surplus over flx.-d charges, 8183.321, against 9273,20 I.
Fiscal year ends Bepu 3u for 18-6-7 report was In V. 45. p. 855.
1883-84.
1884-85.
1885-86. 1886-87.
•
i
stock to
the Moselle
ABooth Plalnn.il r hmI. for land* In Je.sey City and f..r aidlilonsl
rB* »"><»o<>» of ««w Mock, snout
'"SI; !
f..r
i
year end* November 30. Tna last annual report was In the
It Is ..ne .,( the peculiarities of the eompany'*
01.
Kiral balance sheet Is given. The earnings.
nt for the fiscal year* endlag Nov. 30. were
:
1884-85.
1885-80.
1886-87.
6e979.549
1,617.236
860,189
8,869.236
2.106469
6.165.411
v.410.761
909,001
L,I*MM
I
I
I
•
>,
;
*
,
;;
mail, express,
^Tatal gross taralaga
Ae
H.556.917
--- 9 Ig
i
8.744.758
•
1,816
Orosa earnings
Expenses and taxes
9.719066
6.142398
Net earnings
Dsdwsf—
a tercet,
Beutals
I
83.607,919
83.450.940
3376,600
less
I
n t- received.
8
•
•
2,756.232
1,859,505
2.826,4~8
1,856.351
2,994.772
1372,325
3.197,808
1 ,199.208
1,122,147
1,298,003
896,727
970,127
1 90.877
1783ft|
211
287.698
2!<7.:.|-,il
304,063
1.
1711
203,195
412.372
"
;
SUPPLEMENT.
INVESTORS'
68
[Vol.
XLVIL
Subscriber* will confer a great favor by giving Immediate notice of any error (Uncovered in these Tables.
Bond*— Prlnol
INTEREST OK DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
pal.When Due
Amount Rate per When Where Payable, and
Par
of
of
by
Stock*— Last
For explanation of column headings, Ac, Bee notes
Outstanding Cent. Payable
Road. Bonds Value.
whom,
Dividend.
on rtr.-t page of tables.
d
Louisville
Hathrille- (Continued)
-
o
2d mortgage on New Orleans A Mobile RR
Bonds sec'd by pledge of 2d M.S.* N.Ala.RR. c
c
1st M., gold, on Southeast. A St.L.RR
2d mort.. gold, on Southeast. A St. L. RR.. cp. ..e
o'
Pensaeola Dlv., 1st inort., gold (drawn at 105)..
c
Mobile * Montg. Dlv., 1st If., ($2,677.000)
Pensaeola A Belma Dlv., lstM.,g., ($1, 248,0001ce'
.
T
*
Atl.. M.,g.. guar., $1,000,000 pledged.
Louis. C'in. * Lex 1st M.. sink. fd. (notdr'n).
Pensa.
c'
.
-
2d M.. s.f., not dr u ($l,000,000).c*
L«X.n. on L.C. A L.,gold,$3,208,0C0 plogd.o*
1st mort., gold, on branches. $15,000 per mile..c*
1st mortgage, collat. trust ($7,000,000). gold..c*
Car trust Hens ($1,721 payable each month)
Henderson Bridge Co., 1st M., g., s f., dr'n at 105.
Louisriilc .Veir Albany it Chicago Stock
0*
1st mortgage
Mort- gold, on Chle. A Ind'nolls Dlv
c*
Consolidated mortgage gold (for $10,000,000).. o*
Louin. y. O. & Tes.— lnt M g., for $16,900,000..o •
2dmort. Income bonds, cnm. (payable at 105). .0*
Income bonds (not ctunnlative)
Lovitrille SI. L. <* Tex. -1st M.,g. ($20,000 p. m.).c*
LoultriUe Southern - lBt mort., gold ($2,50O,0O0)«*
Li/ken* Fa/.—St'k.lOp.ct. rental, 999 yrs. Nor. Cent.
Maine Central—Stock
c*
1st mortgage, oonsol. Classes A. B, C and D
c
Collateral trust bonds for Mt. Desert Branch
Sinking fund 10-20 gold bonds
c
do
—
,
Bonds A. A. K. RR
Extension bonds, 1870, gold
Maine Central loan for $1,100.000
c
c
c
1883-84.
Dividends
•
1884-S5.
$
$
400,000
400,000
31,564
Miscellaneous
1880
1810
141
189
208
201
45
180
104
185
175
175
175
103
$1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1831
1881
1880
1831
1881
1881
1807
1877
100 Ac.
1811
1,000
1,000
1,000
1,000
1,000
1887
1S83
1812
1881
100
539
283
158
520
513
513
1880
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1881
1836
1886
18811
1881
1887
1837
83
21
527
304
41
1872
1883
1385
"55
1860-1
1870
1868
18
109
400,000
(!)
m
600,000
500 Ac.
20
100
100 Ac,
3,603.300
4,176,400
694,000
600,000
1.100.000
496,500
756.800
1,000
100
500
100
.fee,
Ac.
Ac,
1836-87.
1885-86.
$1,000,000
1.960,000
3,500,000
3,000,000
590.000
Pledged.
Pledged.
2,000,000
2,850,000
892,000
50.000
1,539,000
2,500,000
312,400
1,935,000
5,000,000
3,000,000
2.300,000
4,700,000
11,140,000
*, 117,000
10,000,000
400,000
48,198
Total disbursements... 878,575
905,432
937.242 1,063,765
Surplus
13,152
64,645
185,205
234,837
There are also real estate mortgage, $238,000, 5s and 7s time loans'
A
6
J.
6
A.
A J.
A O.
H.
A S.
A 8.
A N.
A S.
A A.
A >.
A O.
A N.
A N.
A N.
A <).
A 8.
AJ.
A A.
A O.
A 8.
A 8.
A B.
A A.
A 8.
N. Y., 50 Exchange
do
do
do
do
do
do
do
do
do
do
do
do
6g. M A
M
£ M
1
g*
M.
M.
6
7
ft
7
A.
r.
M
M.
8*
M
A.
6g. M
"6'
!*•
?*•
o*
6
6g.
6
g.
2»s
3
5<fc7
5
g
l
J.
ft
A.
M
M
M
P.
M
Q.—J.
ft *.
A.
J.
ft
A
A O
A 1>.
-
A A
A O
A J
M'nthly
A.
J.
pi.
do
do
do
do
do
do
do
do
do
do
do
do
Y.,
N. Y„
50 Exchange
1,
1,
1,
1,
1,
1921
1,
1889
1931
1980
1920
May
1931
Mar.
1931
Aug., 1921
Jan. 1, 1897
Oot. 1, 1907
Nov. 1, 1931
May 1, 1937
Nov. 1, 1931
Mar.
April
Philadelphia.
.
Jan. 1, 1930
April 1, 1910
March
March
pi.
8ept. 1,
Nat.Bk.Commerce July
do
do
Aug.
do
do
Apr.
1910
1911
1916
N. Y., R. T.Wilson A Co. Sept.
1934
do
do
Sept.
1934
do
do
Sept.
1934
New York city.
Feb.
1917
N. Y.,Han. Nat. Bank,
Mar.
1917
N.Y., office, 1 a William. Oct. 2, 1888
Portland, Me., office. Aug. 15, 1888
Bost..2dNat.Bk..APoit. April 1, 1912
New York City,
June 1, 1923
do
do
Fob. 1, 1905
do
do
1890 to 1891
do
do
Oot. 1, 1900
do
do
July 1. lsy.fi
1,
1,
1,
1,
1,
1,
1,
1,
Louis RR., which was reorganized after foreclosure of the
St. Louis A Southeastern, Nov. 16, 1880, is leased to the Louisville A
Nashville for 49 years, and the L. A N. issues Its bonds as above.
Beoured on the road, about 210 miles long iu Indiana and Illinois,
There is also $999,500 of S. E. A 8t. L. stook. The dseal year of L.
A N. ends June 30. Annual election is held early in October.
east.
St.
Stock and Bonds.— At the close of the fiscal year (June 30) 1880 the
was $9,059,361, and lu Nov., 1830, the stock dividend of
100 per cent was made, raising the amount then to $18,133,513.
All the dividends paid since 1870 were as follows: In 1871, 7 per
Long Island City A- Flushing.— Road from Long Island City to cent; in 1872, 7 per cent in 1873, 7 per cent; in 1877, l 1* per cent;
Great Neck, 14 miles; branches, 4-8 miles; total, 188 in. This is a reor- in 1878. 3 percent; In 1879, 4; in 1830. 8. and 100 per cent in stock
fanizatlon of the Flushing A North Side road, foreclosed December 11, in 1881, 6; in 1882, 3; ami Feb. 15, 18S8, 2 per oeut in stock.
Prices of the stock from 1872 to date have been: Xn 1873,
880. The stock is $500,000; par $100. The consol. bonds bear the printed endorsement of L. I. RR.; $600,000 of them are reserved to retire 1st 50®79; in 1874, 53 3)59; in 1875, 36i«a40; in 1876, none; in 1877,
mort. bonds. The company is liable for $25,000 of New York A Flushing 26a>41 in 1878, 35®39; in 1879, 35 33914; in 1830. 77S174; In 1881,
bonds, due 1920. Leased to Long Island RR. for 50 years, the lessee 79«110ifl; in 1S82, 46ia8l00%: inl883,4058*53ia: in 1884, 22ia »513fc
taking 60 p.c. of gross earn's and $17,500 for fixed charges. In 1834-5, In 1885, 22a>51\; in 1836, 33Sg®69; in 1887, 3iisa70i4; in 1888 to
:
$200,000. at 6 per cent. (V. 45,
610; V. 47, p. 21, 109, 101.)
p.
142, 212, 792,
855
;
V. 46, p. 171.
capital stock
;
;
rental $116,537; in 1885-6, rental $102,495; In 1886-7, rental $105,841,
and surplus over charges, $61,882 Austin Corbin, Pres., New York
City. (V. 45, p. 53 V. 46, p. 228.)
;
Iios Angeles Sc San Diego.— Florence to Santa Ana, Cal., 28
miles. Leased to Cent. Pac., ami rental in 1887 was $33,384. Capital
stock, $570,800. Chas. F. Crocker, Pres., San Francisco.
Western.—
Louisiana
(See Map of So. Pac ) -Owns from Lafayette
La., to Orange, Texas, 112 miles, leases extension in Texas, 7 m.; total.
112 miles. Leased and operated by the South. Pac Co., being part of the
through line between
Orleans and Houston. From Jan. 1 to July
81, in 1888 (7 mos.). gross earnings were $516,421, against $452,416
in 1887 net, $2C7,709, against $i03,000.
In 1886 gross earnings were
$644,689; net, $329,207. In 1887, gross, $843,794; net, $414,836.
New
;
Stock
$3,360,000.
is
Louisville Evansvllle dc St. Louis.— Line of road. New Albany,
Ind., to Mt. Vernon, Ills.. 182 miles; branches to Jasper and Gentry ville,
71 m trackage, Louisville, Ky., to New Albany, Ind.. 6 m.; HuntingbnrgTellCily A Cannellton RR.. Lincoln to Cannellton, 24 m.; total
oporated. 283 miles; opened Oct., 1882.
The road was formerly the
Louisville New Albouy A St. Louis, foreclosed in 1878.
In Oct.. 1881,
a consolidation was made with the Evansv. Rockport A Eastern, and the
8900,000 of E. R. A E. 1st mortgage bonds stand as a nrlor lieu on that
:
The foreclosure sale was mode June 9, I186".
The 2d M. bonds bear 2 per cent in 1883 and 1689, 3 per cent
1890, 4 per cent in 1391, 5 per cent iu 18->2 and 6 per
division.
In
cent thereafter.
Second mortgage bondholders have the right at
stockholders' meetings to cast teu votes for each of their registered
bonds. Trustees of both 1st and 2d mortgages are the Am. Lo .n
Tr.
Oo. of Boston and Noble C. Butler of Indianapolis. Tue stock is $1,293,562 pref. 5 per cent, lion-cumulative, and $2,82 1,247 common; par of
all shares is $100.
The Huntlngburg Tell City
Cannellton RR.
S252B„„are Kuaronteed by this Ci, In 1885-86 gross earnings were
•786,229; net, $213,357. In 1887 gross earnings, $1,023,939: net.
-W02./73; surplus over charges, $113,773. (V. 45, p. 142, 304; V..46,
p. OOP, 8*7.)
A
A
Sept. 21, inch. 50V'»64i4.
The general mortgage of 1880 is for $20,000,000, of which the balance unissued is reserved to pay off prior liens, the mortgage covering
840 miles 01 rood subject to such liens. It is subje-jt to a drawings sinking fund of l'io per cent of all bonds Issued, plus t tie interest that
would have aocru-d on the bonds so drawn— ibout $162,000 in 1887-8.
The Louisv. A Nashv. LebanOL-Knoxvilie bonds of 1881 cover 110 m.,
subject to prior liens, and 62 miles from Livingston to State line as a
The Pen. A Atlantic bonds are guaranteed by L. A N.
P. A A. has issued to the L. A N. $1,000,000 land grant bonds
pledged for advances to the P. A A.
The third mortgage trust deed of 1332 is mode to E. H. Green and
John A. Stewart as trustees, and has a sinking fund of 1 per sent
annually, the bonds being purchased or drawn ana paid off at 1 10. These
bonds are also redeemable at any time at 1 10, and are convertible into
stook. The bonds are seoured by a 3d mortgage on the road and by
pledge of a large amount of stooks and bonds (see V. 45. p. 475), the
par value of bonds being $9,633,000 and stocks $13,529,700
total,
$28,162,700.
The 10-10 adjustment mortgage bonds were issued in 1884, and
cover 783 miles of main line and branches, subject to the prior liens,
and are a second lieu on the trust securities pledge! under the trust
deed of 1882. See V. 39, p. 409.
The Henderson Bridge Co. bonds are not a liability of the L. A N. The
bridge is owned by a separate company, with a stock of $1,000,000
(par $100), of which the L. A N. Co. holds $501,000; the Bridge Co.
is guaranteed gross receipts of $200,000 per year by the several roads
using it, anl dividend of 2ifl per cent is paid each Feb. and Aug.
The mortgage bonds of 1837 on branohes are issued at $15,000 per
mile. U. 8. Trust Co. is trustee of the m >rtg*ge, and thu lien covers the
Cumberland Val. Br., the Ind. Ala. A Tex. RR aid others. (V.44,p,751.)
The 1st mongjge trust bonds, 1883-1931 (trustee, Farmers' Loan &
Trust Co), are secured by bonds on the Brjingham Mineral RR. at
$25,000 per mile, aud on tue Owonsboro A Nash.ille RR. at $2 >,000 per
first lien.
The
;
mile.
(V. 46, p. 511.)
The Pensaeola Division bonds are Rubject to a drawing sinking fund
09 till 1900, ind., then $10,000, and so increasing.
Operations, Finances, Ac—TUo Louisville A Nashville system has
of $5,'
Louisville d- Nashville.— ( See Map.)— Line op Road.- -Main
to Nashville, 185 miles; branches—June Hon to Bardstown, Ky., 17; Junction to Livingston, Ky., 110; Livingston to Jel- been developed in its present extensive form since 1879; the 100 per
loo. Ky., 61
Montgomery to Mobile, 179; New Orleans to Mobile. 141; cent 6tock dividend was declared in 1880 and a few dividends afterbranch to Pontehartraiu. G Paris, Tenn. to Memphis, 259 East St. war Is in c ish.but from '82 to '83 nothing was paid. Pursuant t> a memorial from foreign hold irs,(V. 40. p. 45, 25 J) 2 p e. in stock was paid in Feb.,
Louis, 111., to Evansvtlle, Ind., 161 June., 111., to Shawueetown, 111.,
41, 1-83, to represent surplus earns., and^bis poltny
voted to be pursued
Belleville, 111.. to O'Fallou, 111., 6; Pensaeola, Fla., to PensaoolaJunution;
July, 18a0. but not to exceed an issue of $5,000,000 stock in all.
till
la., 44
branch
to
Muscogee
dock, 1 Louisville. Ky., to Newport. Ky.,
J
109; Junction to Lexington. 67: Louisville H. Cr. A W'port. (n. g.), 11The ann
annual report foi the year Hiding June 30, 1837. was published
F'ucapple, Ala., 89; Henderson to Nashville, 135: Junction in the CBBONIOLB. V. 45, p. 474, and gave full details of the year's
.-E?
ij
to Providence,
16; Pensaeola extension, 26 total owned, 1.612 miles; operations. Tue surplus net luoome over auuual charges was $1,832,leased and controlled— Junction to Glasgow, Ky., 10; Nashville
to 253, and the advances to otlier roads dtirin; the year amounted to
Decatur, 119; Decatur to Montgomery, 183; Junction to Wetumpka,
$1,426,490. or ihis tin- a Ivances to the old roads in the system
Junction to Shelby ville. 19; Louisville Transfer, 4; No. Dlv. Cuinb. 6;
amounted to $97,527, which Is a alalia payable by these several com>fc
Ohio .27; Lebanon to Greensburg, 31
Elkton to Guthrie. 11; total panies. The b dau.e of the advanoes was made to the Birmingham
leased and controlled, 410 miles; total operated June 30, 1887.
2.023 Mineral Riilroad Co., Nashville Florence A Sheffield Railway Co., Cummiles. After July 1 1837, t Jo e^inlngs of 79 miles of the
;.m Vallrv Branch, Bardstown Extensiou, and Princeton Branch,
leased roads
ceased to bi- inelu'd in L & N. earns., and the Birmingham Mineral road, and amounted to $1,328,962, which was for new construction and is a
11 U)., was absorbed, making total mileage operated Out., Is87, 1.955 m. si rioily capital expenditure. To reimburse capital account for expenAlso owns the Richmond Branch (leased to Kentuoky 'entraD 34 ditures, the Louisville * Nashville RR. Co. issued and sold $1,350,000
miles, and the Ceciliau Branch (leased to Ches.
O. A So W.), 46 miles, L. A N. KR. Co. tirst mortg. five per cent 50 year gold bonds, the mortD
ler8h
of a majority of the stock, the Nashville gage being at the rate of $15,000 per mile, aud a llrst aud only lien
y
"*
i. -,?"?
iP
a K>8 *
8t
1" 18 "R- 60° m ' le8 tu <> Oweusboro A Nashville, 88
on the Cumberland Valley Branch, the Prince ton Branch and the exten2S££ i\; PcU8a<
S
f"
161 miles; the Nashville A Florence sion of the Bardstown Branch.
hS Jj^!.,
?>la * nAtlantic
Blrmln
am
Mineral
From July 1,'88, to July 31, '88 (1 month), gross earns, wore $1,333,Railroad,
11
miles,
and
Henderson
u !;CIln 8 »Jt™ck, lu miles-total, l.OOB miles; also, as joint
t:)2, against $1,326,603 in 1887; net, $179,5i*9. against $512,306.
KE2£« i^?,. .°v Cel
t
Geor S>. -» interested in the Georgia Raifroa.1
Fiscal year euds June 30. For 1886-87 the report was in V. 45, p.
snfuu V, I
« i.6 -o f, 8
",ra " d total of road8 owned, leased and 471, 474 for the Louisville A Nashville proper.
eontiSl^ihlr.^en,hlp or8t
ock, June 30, 1887. was 3,707 miles. In
lBB7Tu-r!i™,^?it Wer n de '"""tension
1384-35.
1835-86.
1886-87.
1887-88.
of a line which will conneot
^th tSJWnM" 5 ^illey D '*lslon
J".
of Norfolk A Western.
Total grossearns
$13,936,347 $13,177,018 $15,080,584 $16,360,241
nS-il™, Si
r
8, Ac.-The Louisville A Nashville was
8,182,255
9,047,052 10,267,535
8,213.295
chartered Operg ex. (excl.tax.)
?*"?1 betwe «» Louisville and Nashville Noverab, r
1859
Th^iiSSm
Uab ---ties
for Interest on the auxiliary roads are treated Netearnings
.,
$5,754,092 $4,963,723 $6,033,532 $8,092,706
i22;i„..Jbelonging
mostly
directly to the Louisville A Nashv Co
The South Per ct of ex. to earn.
58'71
62-33
59'99
6276
line— Louisville
;
;
m
;
;
:
;
;
,
1
<
fw^
.
:
;
HrbW^T?
m
:
1
^^
A
sfiTlsKnHT
u
-
I
8KFTEXBEB,
1888.
RAILROAD STOCKS AND BONDS.
69
J
S^Kf
i,,IU
o
/|*1<"<1
U>
V Columbia
h
unt
/
«fc
fpo
...Nrnt.M
/
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^
K
Traill* ~~5**.
X
«
TOOMERY
V»»"j
VS. <&
—r——
___^
••
^
^~^f i'
VsLAaduttin
T
« -
I ""•J 00 ./
n.if -.liPy/l'i*J
IL7'*'
.4,
/\TJ
I
JTocoll
70
—1
1
I
1
SUPPLEMENT.
INVESTORS'
Subscribers will confer a great favor
DESCRIPTION.
giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST
Miles Date Size, or
Amount Kate per When Where Payable, and by pal, When Due
of
Par Outstanding
of
Slocks— Last
bjr
For explanation or column bladings, Ac. see notes
Bond. Bonds Value.
on first page of tables.
A
56
36
30
71
26
32
18
18
14
Kailroad loan
Androscoggin Railroad, Bath City loan
c
Portland A Keuni-hcc. consolidated mortgage ..c
(inches. * Late.—Stock, 1 Op.o. rcn'l till 1937, B. AM.
Farniiii-*ton
M
Manhattan (Kler.)— Con»ol. stock
Metropol.
$000,000 p. m.,$ A£
2d M. (guar, by Manhattan)
El.. 1st M.,
do
c*
o*
H. Y. Elevated. 1st M. (payable at 105 after 1896)
Consolidated mortgage (for $15,000,000)
Delientures
Marietta Columbus A ,V.— 1st M.,gold,(Mar.Mlneral)
Marietta* North Georgia— 1st M.. cold, $7,000 p.m.
Consol. 1st M., g. $4,500,000 ($17,300 p. m.).. o'
Marquette H. a* «.— Common stock
Pref. stock (6 per cent div. guar, by D.3.S. AA.) c*
1st m., M.AO., e.f., redeem, at 110 (Int. guar.K.o*
M. H. AO. mo., s. f., redeem, at 110 (lut. guar.) c*
Bonds for extension, Ac, guar
c*
M. H. A 0. 1st mortg. on Mar. A West, guar
c*
Memphis
1st
A
<t
45
112
Consol.. gold ($1,400,000 lstm.
General mortg., gold.
A
50
90
21
1881
1887
181
on 93m. in Tenn.)
292
292
Coupon notes for interest funded, red. at, 100. ..c*
Debenttsccu bycollat.)(V.39,p.733),red.at lOo.c*
Mex. Aaf.— lstM.,g. ($9,000 p. m).),nr'nat 100 .o* I 0B4
2dM.,ser."A,"g.,lno.aeonm (for$16,675.000).c* 1 061
2d M., ser. " B," g.lno non-ao. (for $16,675.000). rl 06
100
100
100 Ac.
1872
1878
1883
1885
1,000
1,000
1,000
25
1854
1,000
1,000
1,000
1,000
1884
1881
1881
1*84 100, Ac
1,000
1885
1,000
18-7
1887 500Ac.
1887 500SC
INCOME ACCOUNT.
1884-85.
1885-86.
1886-87.
5,754,092
198,591
4.963.723
6,033,532
207,807
479,858
Total income
5,952.683
5,171,530
6,513,390
379,845
58,333
4,026,543
370.814
15.000
4,085,706
Beceipts—
Dlvta'son
1..A
365,317
4,260,310
1
N.,N.
4D.hiiiIM.4M...
116,242
49,299
7,542
Georgia RR. deficit..
Miscellaneous
117,095)
44,815
10,297
55,480
Total disbursements. 4,637.806
4,643,727
4,681,137
Balan ce, surplus
11,356,890 ||692,495
1,832,253
• Stock dividend. 5 per cent,
$1,518,000.
t $42,012 to be refunded, included in surplus.
I $164,692 to be refunded, included in surplus.
1883-84.
Profit
and
loss
Total assets
Liabilities —
»o,J£4,i.8/
1,427,500
576,200
1,500,000
1,400,000
5,312,725
2,155,000
105,000
2,264,000
1,000,000
46,155,000
9,731,o00
3,825,570
2,500,000
10.500,000
12,165,0
12,165.000
1884-85.
6
Dowd,
April
g.
2d Nat.Bk.A Port. 1916
Bost.
,
N.Y.,W.H.BrownABros
do
do
do
do
do
do
Boston,
Jan.
1.
July
July
July
Jan.
Office.
do
do
do
1,
1,
1,
1,
1,
1,
N. Y. National City Bk. June 1,
July
July
I
President, N.Y.
1915
1915
Jan.
Jan.
(V. 45, p. 437; V. 46, p.
1,
1.
1915
1924
1911
1911
1889
1895
1927
1917
19 7
102,191'
381.)
Louisville New Orleans A Texas— (See map)—Line of road
Memphis. Tenn., to New-Orleans, La., 456 miles; Lelandto Huntington,
Miss., 22 miles; Washington Co. brauoh, 35 miles-total owned. 513
6,621,531 miles. Leased -Clinton to Port Hudson, La., 22 miles; total operated,
53 1 miles. This road was built in the Interest of the Huntington sys375,557 tem of roads, and forms the connecting link in that system across the
Continent from Norfolk to San Francisco. The income bond-" are a first
acres of land in the Yazoo Delta. The second
4,398,267 mortgage on 750,000
mortgage bonds are ** incomes," receiving interest only when earned;
but no Interest is payable till March 1, 1889; unpaid interest is cumulative, and bears Interest at the rate of 5 per cent
the<e bonds may be
paid off at 105. The Union Trust Co. of New York is trustee of the 1st
and 2d mortgages, and Edward H. Pardee and Albert Crolius of a new
4,773,824 land grant income mortgage whtch has been executed to take up the old
income bouds; but none yet issued. Stock is $5,000,000.
*1,S47,710
From Jan. 1 to July 31, in 1883 (7 months), gross earnings were
$1.27), 120, agcanst $1,036,079 in 1887; net, $291,59 3, agst. $245,413
Annual report for 1887 was in Chronicle, V. 43, p. 447:
6,092.706
528.828
;
1886.
GENERAL BALANCE AT CLOSE OF EACH FISCAL TEAR.
Assets—
Koad.equlpment, Ac. 67,776.064
Timber A quar. lands
638,024
Stocks owned
16.904,853
Bonds owned
4,050,673
BtksAbds. held in tr'tlf 9,527,878
Bills A acc'ts. recelv.
1,922,803
Materials, fuel, Ac.
762,273
Cash on hand
297,316
8o. A No. Ala. RR...
1.565,968
Nash. A Dec BE....
599,178
Otherroads§
1,172,928
0. C. Baldwin aco'tj.
1,005,929
Sinking fund
50,000
650,000
554,000
410,000
2,378,670
3.278,456
Dividend.
A 1917
Merch'ts"Nat.Bk. Jan. 1, 1894
2d Nat. Bk.A Port. July. 1896
do
do
July 1, 1891
do
do
April 1, 1895
Manchester and Boston. May 1, 1888
N. Y.. 71 Broadway.
Oct. 1. 1888
N. Y., Mercantile T. Co. July 1. 1908
do
do
Nov. 1, 1899
do
do
Jan. 1, 1906
do
do
1988
do
do
Mar. 1, 1916
N.Y., Farmers'!,. AT. Co
May 1, 1915
N. Y. 8mith,Oakman 5-B July 1, 1911
do
do
Jan. 1, 1937
In 1883
N. Y., 10 Wall St.
Aug. 15, 1888
N. Y., Chase Nat. Bank. June 1, 1892
do
do
Mar. 1, 1908
do
do
Jane 1, 1923
do
do
April 1, 1925
Bost.,
Bost.,
$
8
Interest on debt
1687-88.
J.
.1.
Nil.
1,000.000
William.
Vet earnings
Income from in vest's
Bentals
425,000
1,166,700
1.000.000
25,061,940
10,818,000
4.000,000
8,500,000
1.0i.O
330
Miss. Div.
Mexican Central! Mexico.)-1st n),g.($32,Oo6p.m)*c' ,530
Income bonds, conv., not cum. (-S6.400 p. m.)
r
Disbursements—
Taxes
A J
6
J. A J.
6
J. A J.
6
Q.-J.
A. A 0.
6
5
M. A N.
1
Q.-J.
6g- J. A J.
M. A N.
6
7
A J.
5g. J. A D.
5
M. A 8.
6g. M. A N
6g. J. A J.
6 g. J. A J.
4
3
F. A A.
8
J. A D.
6
M. A 8.
6
J. A D.
A. A O.
6
J. A "j.
7
7
J. A J.
7 g. J. A J.
6 e. J. A J.
4 R- J. A J.
July 1
3
10
J. A J.
10
A. A O.
6 g. J. A D.
6 g. M. A S.
4i«
1,000,000
633,000
100&0.
1.000
IBS')
156
156
Charleston—Stock
2d. mort. extension bonds, Ala.
2d mortgage, extended
1869 $500.*o.
100 Ac
1871
1866 100 Ac
1865 100 Ac.
100
100
1,000
187S
l.ooo
1879
1,000
1876
1«S8
l.ooo
1886
Whom.
Payable
Cent.
$450,000
Maine Ctnlral-iConlinurtl)— Imp'vem't,"A"ife"B'
European A- North American (Bangor loan)
o
l,eeds
[Vol. XLV1I.
1885-86.
67,930,874 68,433.991
689,941
598,746
2.005,590
1,298,347
4,249,861
4,435,098
9,527,878
9,527,878
1,771,487
1,9 15,654
726,624
926,262
J 04,7 14
303,976
1,733,805
2,071,723
603,250
618,148
1,567,793
635.978
850.809
850,808
50,000
2.479,344 2,068 6-6
94,591,970 93,705,275
Oross earnings
Operating expenses
1886-87.
68,9/16,040
43»,816
l,7o«,98i
6,262.598
9,527,878
1,-51,439
1,044,803
1,375,143
178,43 1
632,140
$1,803,784
1.252,562
1887.
$2,213,211
1,521,128
$551,221
$722,088
Net earnings
INCOME ACCOUNT 1887.
Net earnings
$722,083
Taxes, rental and mis. expenses
$101,225
Interest on bonded debt,
445,600—548,825
Surplus income
Mr. K. T. Wilson, Pres.. N.Y. (V. 45, p. 5 12; V. 46. p.
$173,257
447
)
A
Louisville St. I.onis
Texas —(See Map.)—Under construo
tion from Louisville to Henderson, Ky„ 140 miles, to be completed by
December 1. Has contract with Chesapeake Ohio A Southwestern for
joint u-e of tracks from Louisville to West Point, Ky , 20 miles. Trustee
9o,0<(4,024 of mortgage, Central Trust 0.. Financial Agents, W. V. McCracken A
2,230.913
850,808
42 Wall St.. New York.
Louisville Southern.— Owns from
Co.,
Stock
30,000,000 30,000,000
57,530,712 61,958,314
850,000
850,000
529,800
3,599,266
189.279
475 759
499,435
34 933
34,774
1,236,152
1,060,168
2,067,565
Bonded debt*
Louisville bonds....
Debentures
Bills payable
30,000.000
61,355.254
201,000
30,000,000
61,999,596
Louisville, Ky., southwesterly
to tiui'giu on Cincinnati Southern RR., 82 mil-s
Branches projected
Completed in May, 1388. Stock, $2,500.0 JO. (V. 46, p. 180.)
Lykeus Valley.—Owns from Millersburg, Pa., to Wiltiamstown.Pa.,
377,796
It is a coal road
504,929 20 miles; branch, 1 mile; total operated, 21 miles.
leased and operated by the Northern Central Railroad sinoe July, 1880,
327,918
June pay-rolls, Ac.
1,571,937
1,287,874 and previously by the Summit Branch RR. The lease is for 999 years
Front and loss
535 911 from March 1, 1866, and the rental is $62,500 per annum.
From Jan. 1 to Aug. 31 in 1888 (8 mos.),gr is-i earning* from coal and
»MBl'eW tfrf.TOo'.aVo 95,03 1.024 m<ning
SS^JS'iffiS'/L.afeffM'".
perarious were -8674,282, agaiust $117,521 iul337; deficit,
f"r
"-38
not
yet published.
'
1?
ti . ™,
:,• 64, against $146,028.
,
t
l
,0(I
"•" 8t uave been deducted here $2
t 2olaS^o^SS?M»
luUL8 *o,ooo,ooo ?
5?l
!
L. A
N.
stock
unissued.
Maine Central.—Mileage as follows: Mainline, Portland to BanV *i"
°" Dt tU ° °° m u y claiuiingthat Mr. Baldwin is indebted §or. Me., via Augusta, 136 6 miles brauohes, Cumberland Junction to
to it In .ii'ssum
fcowhegan, HO-7 miles; Bath to Farmington. 71-2 miles; Crowley's
Junction to Lewistou, 4-7 miles; total owned, 303-2 miles. Leased
3 - 070 960 ln01 lQ C0St
°' road
Hui-iiliain Junction to Belfast, 331 miles; Newport Junction to Dexter,
14 miles; Brewer Junction to Buckspoi-t, 181 miles; Bangor to Vanoeboro, 114*1 miles; Penobscot Switch to Mt. Desert Ferry, 41*7 miles
Total operated Sept. 30, 1887, 527-2 miles.
total leased, 221 milss
L
,e
,r
e
l >
<-, h **««*<>-<.!?e<* mapj-Operates (ro»
In Aiuust, 1838. leased Port. and & Ogdensburgfor ,:9 years.
5e wAfra^J i 11 d eo'nn !,l ,;?
There are als $58,000 5 per cent debenture bonds due 1894 and
$42,000 Shore Line b per cents, duo 1923.
Fiscal year ends Sept. 30. Report for 1886 7 was in V. 45, p. 854.
F18CAL RESULTS.
Interest
Miscellaneous
."
41,229
501,52*
34,3-27
^
^
11
!
,
'
i
;
L&&&& SnMlt ottc^o^
-
'
"
;
f
>
»
The Louiavin
In forccl sure
v'e» a
Deo
\f
(wSwuTnii™
n
i,
*
.'
.,
" per year K 1VC8 entrance to Chicago.
was opened in 1852 and
VHJ *aQ<<•-«»«>
1 reo, Ka ll:8e<,
In *ug.,
sold
'
1881, consoU^
^•I„H'i•.
i 8tock
Air L1.
d
•ocpeased to $5,000,000,
jpvtng 15 per cA t^i,te,^ >\
,
!'f S?
stockholders
"
of reoord Aug. 31.
Of the
"J..V
r?"5°
J°
8
'
VI
. From" J„r 1
P. 381.
r'
,
'
2
i'
,
£* •af'iTissVa
EaruCre^se-s
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tor
I
" lor
?
r8t <"° rt9 -
^o^ &%%££%*]%* *
»!'SV *•"•&• .~
V
"
4
INCOME ACCOUNT.
K^fc.
A*,' «»"'">««
'^SfW-n*
*P
*2
1,332,035
1,278,528
1,489.698
$348,418
79-27
$640.6<il
$805,925
64-89
50.000
$161,538
223,8o9
50.000
$•35,407
66-62
Interest
H>t.
on car trust bds
r at bargM
Bala nce
1,amnoe
'
V. .".
$S37.2?nr
—$288,832 -$94,747
$549,314
228,641
25,000
$*<03.455
+$2,469
Total gross earnings
Expenses and taxes.
Net earnings....
1883-84.
1834-85.
1885-86.
$2,816,373 $2,839,779 $1,001,076
1,730.1102
1.320.710
1,750,710
$1,065,663 $1,108,877 $1,180,336
1886-87.
63,142,407
1.943.480
$1,193,027
INCOME ACCOUNT
—
Beceipts
Net earnings
Other receipts.
Total income....
1883-81.
1884-85.
1885-86.
$1,065,663 $1,108,877 $1,180,336
10,421
7.400
7,828 ^
$1,076,084 $1,116,705 $1,187,736
1886-87.
$1,193,927
8.870
$1,202, 7y7
Disbursements—
Rentals paid
$139,000
$139,000
$189,000
$189,000
Interest on bonds...
661.395
707,130
717,068
701,767
215.57*1
Dividends
215.598
215,532
215.541
Total disbursed $1,06 ..H27 $l,100,30-> $1.11 ,.,•- $1,121,666
Balance, surplus ...
$10,157
$10,397
$76,029
$81,131
—(V. 45. p. 820, 854; V. 4«, p. 573 V. 47, p. 50.)
Manchester
Lawrence.—Owns from Manchester. N. H., to
Mctliuen (State Line), 22 1* miles; leases Methuen Branch, 33*, miles; total operated, 26 miles. Koad In operation since 1849.
Leased for 50 years from Sept. 1, 1887, to Boston A Maine at a rental
paying 10 per cent dividends. The nsoal year ends March 31. Gross
earnings in 1885-8o, $*.77,3o-, nst, $100. )<>9. In 1886-7, gross, $172,524 ; net, $100,691.
;
A
RAILROAD STOCKS AND BONDS.
SSFTZXBfcB, 1888. J
>^m
w
jODC.
A E
A
.1.
71
CHICACO
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MAP OF TUB
yWv.
LOUISVILLE,
KEW ALBANY & CHICAGO,
RAILWAY
AND
ITS
CONNECTIONS*
INVESTORS'
79
SUPPLEMENT.
[Vol. XLVII.
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MAP OF THE
LOUISVILLE,
NEW ORLEANS
AND TEXAS
The
rulod shatliag indicates
R. R.
Land Grant
Se!-ti:mb:--i:,
RAILROAD STOCKS AND BONDh.
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MAP OF THE
LOUISVILLE, ST. LOUIS
AND
TEXAS RAILWAY,
AA'D C'ONM
<
I
IUN8.
cr
;
3
:-
INVESTORS' SUPPLEMENT.
74
[Vol.
XL VII.
Subscribers will confer a great favor by giving Immediate notice ot any error discovered In these Tables.
Bonds— PrlnolINTEREST OR DIVIDENDS.
DESCRIPTION.
pal.When due.
Miles Date Blze, or
Amount
Rate perl When Where Payable, and by Slocks— Last
of
Par
of
For explanation of column headings, Ac. see notes
Outstanding
.
on
first
page of
Road. Honda Value.
tables.
Mexican NaL— (Con.)— 3<1M, den (inc. not cum),
jr. r.
Texas-Menioan, Corpus Ch.8.D.AR.G. 1st M.gd.r*
o*
lBt M., gold ($15,000 p. m.)
do
Michigan Central Stock
Ar
are
5e)..o.
Consolidated mortmain) ($2,000,000
c. & r
M. C. Michigan Air Line mortgage
r
Michigan Air Line 1st M., assumed by M.
M. C. bonds, mort. on Grand River Val RR..C. t r
r
g.$70,0002dsdue'90
0.
&
2d
m.,
Kal.AB.H., 1st A
Orand River Valley, stock, guar
—
Co
Jfc
c.
Detroit * Bay City 1st en'd. and bridge
C. mort. on Detroit * Bay City Railroad.. o.
M.
Ar
A
Jackson, Lansing A Saginaw, consol. mort..c.&r
c. <& r
Jackson Lansing A Saginaw consol. mort
MitUlletownUn.de M'. Gap— lstm. cxt. 25yrs in'86.0'
c
2d mort. guar
do
do
Milw. Lake Shored West—Common stock
Preferred stook
—
Consol. mort., gold
r
Income bonds (not cumulative)
Equipment bonds of l>-82 ($30,f00 red. yearly)..
Michigan Div., 1st mortg .gold (for $3,000,0o0lc'
o*
Ashland Division, 1st mortgage, gold
St.
Paul Eastern Gr'd Trunk,
—
1st, gold, lnt.guar.c*
Funding notes
Equip, bds. 1885 ($100,000 red. yearly from '90l.
o*
Convert, debentures for $2,000,000 gold
1st Ms. on II rleydt <)i ton. branches (dr. at 105).
Milwaukee dt Lake Winnebago— 1st mort., gold. .0*
.C
Income bonds, gold (cumulative)
e
Debentures, gold, lessee pays int till 1894
c*
Milwaukee <t Northern— 1st mortgage
.
Consol. mortg. ($17,000 per mile)
o*
16)
161
1880
1881
1,000
1,000
1872
1870
1870
1,000
1,000
10
84
39
84
1.000
200.000
8
'79-86
'69-70
1,000
1,000
1,500,000
6
710.000
491.200
424.000
3,576,000
1 722,000
8
1,087.000
6
8i
40
56
16
65
65
126
177
18 ->4
188 i
1,000
18*3
18*5
1885
1887
1886
1882
1882
1884
1880
1884
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
l.'KHI
;
;
$3,032,584 $3,466,024 $3,132,212
1.459.043
1.806,393
1,554 080
$1,459,697 $1,573,541 $1,659,631 $1,578.13*
1,170,000
1,560,000
1,560,000
1,560,000
Net earnings. ...$2,841,410
Interest and rentals. . . 1.381.713
Deduotdivitiends
$289,697
Surplus
$13,541
$18,132
Yoik,
$93,631
New
Number
ami
of passengers carried on the elevated tallioads in
the gross earnings, .since the completion of the roads
:
Karniugs.
Passengers.
Earnings.
$3,526,h25 1883-84.. 96,702,620
$6,723 832
7,00'>,566
4,612,976 1884-85.. 103,354,729
6,311,076 1885-86.115.109.591
7,426,21b
5,973,633 1886-87.. 158,963,232
8,102,662
6.386.506
92,124,943
(V. 45, p. 272, .01.611, 673 727, 836; V. 46, p. 75, 228, 289, 511,
650,802; V. 47, p. l!-8.)
Northern.— (See Map) Road from Marimarietta Coluinbus
etta, O.. to Joy. O 41 miles: branch Big Run to Stuart, 4 m. Formeily
the Mari> tta Mineral road, and name changed (no lorei losure). The bond
Issue is limited to $r 50.000 on 45 miles of road. An extension North
to a connection With the Coluinbus A Eastern is under construction.
This company contro s shipments lrotii the Federal Valley coal mines
and coke ovens. From Jan. 1 to aug. 31 in 1888 (8 mos.) gross earnings were, $5t>,0.r 4, against $4 ;,401 in 1887; net, $i3,017. against
818,377. In 1887 uetcarulngs were $45,210; surplus over fixed charges,
$9,2 10. Waller Stanton, 80 Broadway, N. Y., Pres. (V. 46, p. 38.)
Passengers.
46,045,181
60,831,757
75,5«5,778
86,361.029
1878-79..
1879-80..
1880-81..
1881-82..
1882-83..
—
A
,
5'
I.
-
2
7A5
8
2
Wl
8
5
8
I*
4
A N.
A K
A J
6g.
A J
6g. M. A 8
J. A J
ft J. A D
6
J. A J
F. A A
5 g A. A O
6
g.
J. A J
A J.
It J.
A. A O
J. A D
6
J. A D,
6g. M.
10,000
6
M.
8
J.
J.
-
1937
July 1, 1901
July 1, 1921
Aug. 15, 1888
May 1,1903
Jan. 1,1 °90
Nov.l, 1890
Sept. 1, 1909
Nov. 1, '8--90
July, 1888
May 1, 1902-3
Mar. 1, 1931
Sept. 1. 1891
Sept. 1, 1891
W. N„v. 1, 1911
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
A
N. Y., N. Y. Susq.
Dec. 1.
do
do
Yearly. N.Y., N. Bk. of Com'roe Jan. 14,
3"*
1,800,000
200,000
1,430,000
520,000
200,000
2,155.000
1,389,000
Dividend.
1
J. N. Y. Ollice, 32 Nassau.
J.
do
do
A. Grand Central Depot.
N, N. Y., Union Trust Co.
J.
no
do
A
A
P. A
M. A
J. A
M. A N.
M. A 8.
M. A N.
J. A J.
M. A N.
M. A S.
M. A 8,
M. A S.
M. A N,
J. A D
J.
6g
150.000
250,000
2,000,000
5,000,000
4.530.000
500.000
130,000
1,281,000
1,000.000
973,000
100.000
:
:
Balance
960,000
1,380,000
18,738,204
10,000,000
1,900.000
100
145 1872-3 1,000
1,000
145 1881
1.000
236 1871
1.000
298 1880
oo&o.
13 1866
1871 5 00 Ac.
100
592
100
592
1,000
346 1881
1881
1,000
1882
1,000
Manhattan Elevated.—Road operated, 323!) miles. This was a
corporation formed (Nov. 24, 1875) to lease and operate the two elevated
railroads In New York City. The original lease of May 20, 1879. guaranteed 10 per cent per annum on the stocks. In June, 1884. all liabilities were assumed, and new stook was issued, by the Manhattan Co., viz
For Manhattan, 85 per cent In new stock: for New York, 120 per cent;
lor Metropolitan, 110 per cent, making the whole stock $26,OJ0,OOO.
There are large claims pending against the elevated roads for damage
to property on their lines, and many of these are before, the courts. In
June, 1888, when voting to reduoe the quarterly dividend to 1 per ot.,
It was resolved that the balance of nut earnings, after paying the dividend, be appropriated to the payment of Judgments and claims against
the oompsny for damages to abutting real es ate.
Dividends prior to 1888 were In 1884, 3 per cent; 188^ to 1887. inclusive. 6 percent. Range of prices of consolidated stock since 1883
has been as follows In 1884, 64»sa>79 in 1885, 65@123>a: in 1886,
1209175; in 1887, 92ia ®161''e in 1888 to Sept. 21. Inclusive, 77%©9839.
In 1886 the debentures of the New York Elevated were issued for
advances made by the Manhattan Co. and in 1888 $15,000,000 new
bonds were authorized to cover all these and to provide for f utui e needs,
See V. 45, p. 850 ; V. 46, p. 75.
but none yet issued.
From Oct. 1, 1887, to June 30, 1888 (9 mos.), gross earnings were
•6,565,552. against $6,063,430 in 1886-87; net, $3,025,188. against
$2,647,683: surplus over fixed charges, $1,537,288. against $1,187,159.
The reports foi year ending Sent. 30 have shown the following income:
18*3-4.
1884-5.
1885-6.
1886-7.
Gross earnings
.$6,726,359 $7,000,567 $7,426,216 $8,102,662
4,970.4">0
3.967,983
3,960.191
Operating expenses.
3,884.949
:
$7.0-10,000
100
l,5<>2
270
103
May
l.Diio
Whom.
Payable
Cent.
1SS7
1896
1888
Aug. 15, 1888
do
May 1, 1921
do
do
May 1, 1911
1892
N. Y.. 8. 8. Bands A Co.
N. Y. Bk. of Commerce July 1, 1924
Mar. 1, 1925
do
do
N. Y., 8. S. Sanris A Co. Jan., 1, 1913
Dec. 1, 1888
do
do
1890-95
do
do
N. Y., Bk. of Commeroe Feb. 1, 1907
N. Y.. 8. 8. Bands A to. April 1,189 6
N.Y.,36 Wall St.A Bost. July 1, 1912
July 1, 1912
do
do
April 1, 1904
New York A Boston.
N.Y., Merch.Exch.N.Bk June 1, 1910
June
1, 1913
do
do
do
do
do
From July 1 to July 31 in 1888 (1 month), gross earnings were
$1 15,136, against $127,897 in 1887, net. $14,31«, against $54,973.
In the year ending June 30, 1888. gross $l,7r.3.732; net $503,758.
For the year ending June 30, 1887. gross earnings were $1,606,772;
net, $411,280; surplus over interest, etc, $20,021, and in 1885-86 $1,323,529 gross and $386,315 net.-(V. 45, p. 26. 180, 239, 272, 304, 437,
013. 70.5. 727, 742; V. 46, p. 255.)
Mexican Central (Mexico).— In April, 1888, the mileage was—
Main line from Mexico City north, to El Paso del Norte 1,224 miles,
1 2 miles on Tampico Di\ ision, 1 1 miles on Guanajuato Branch, 160 miles
on Guadalajara Division, and 17 miles on the Pacific Division, and a
branch, 7 miles, to stonequarry, made a total of 1,531 miles. Other work
1
in progress.
The company was incorporated Feb. 25, 1880, under the general law
and by transfer the company holds a charter from
the Mexican Government, granted Deo. 5, 1874.
The company has a
subsidy fron the Mexican Government of $15,200 per mile on most of
of Massachusetts,
the lines, payable with 8 per cent of all duties. After suspension in
1885 the payment from duties was resumtd, and was 1 p. et. Jan. 1,
1887, and after that 1 per oent more every six months, till July, 1890,
the full 8jier cent is reached. The Incomes are convertible into stook
at par. The stock^s $38,500,300.
The above 10 per cent coupon notes are secured by deposit of ooupons,
and by an amount ot Mex. Gov't subsidy certificates equal to the principal and int. of the coupon notes. Of the 1st mort. bonds $2,500,000
additional are deposited as collateral for the debenture bonds.
In Deo., 1885, it was arranged to reduce the interest on 1st mortgage
bonds to 4 ter cent, with an agreement to pay the remaining
per cent in any year when earned, but not to be cumulative
From Jan. 1 to July 31, 188H (7 months), gross earns, were $3,367.731. agaiusi $2,692,157 In 1887 net, $1,283,578, against $1,196,957
(lr Mexican currency).
The annual report for 1887 In V. 46, p. 572, 576, showed:
;
INCOME ACCOUNT.
1887.
Receitts—
18&6.
1885.
Gross earnings
$3,559,561 $3,857,706 $1,8^6.578
Net earnings, Ac. (U.S. currency). $1,308,395 $1,102,072 $1,080,295
Net subsidy rec'd( U.S. ourreuoy).
204,845
58,437
590,352
Total net income
—
$1,898,747
Disbursements
int. on cou. of '89, cash.
Int. on iBt mort. bonds, cash
Int. on debentures, cash
Miscellaneous
One year's
Total
Balance
— (V.
45.
p.
$1,160,503
$•192,013
736,710
187,500
84.050
$384,027
731,480
187,500
1/2,571
$1,885,140
$316,313
1,2 a-1,677
250,000
74.612
$1.4-25.578 $1,201,07.1 $1,895,602
stir. $473,169 def.$40.561 de'.$li'.<62
53, 113,437, 613, 820,856; V. 40, p. 102,191, 537,538,
558,572,576.678.)
Mexican National Railroad (Mex.)— (See Jfa)-)— Owns from
Laredo to City of Mexioo, 842 miles Corpus Christi to Laredo, 161
Acamharo to Fatzuaro, 96 miles; El Balto branch, 12 miles;
Matamo as to San Miguel. 75 miles Brownsville A Gulf RR., 1 mile;
total. 1,217 miles. This road wa< completed in September, l888.andtobe
Marietta Ac North Georgia— (See Map)— Owns Marietta, Ga., to open
for traffic about Nov. 1. The foreclosure of the former company
Murphy, N. C, 111 miles, and branch, 7 miles; total, 118 miles. Road
(Mex. Nat. Ka \wuyi took place on May 23d. 1887, and the piesent
Is under construction north to Knoxville. Tenn., and south to AtlaDta,
acquired 716 miles of road, and the control of the lexas
company
Ga., whioh wi'l make total mileage, including branches. 260 miles.
from Lared > to Corpus Christi, Texas, 161 miles, by
Stock Is $1,560,000.
About $1,500,000 has been subscribed by Mexican Railway
of $248,000 1st mort. bonds ou* of a total issue of
purchase
the
interested parties, including $275,000 b»' the city of KnoxvlUe. The
issue of
Central Trust Co. of New York is trustee of the consol. mortg., issued $960,000; $1,196.(00 2d mortgage bonds out of a tutal issue of
capital stock out of a total
to extend the road, widen the gauge and retire old bonds. After 1897 »l,38O,0i0; $2,453,750 of its
the purchase
$15,000 yearly will be paid to a sinking fund for these bonds. The old $2,500,0' 0; the Brownsvll e A Gulf Railway, 1 mile, by
bondholders onn exchange for bonds of the new issue. In year ending of its capital stock of f25,000; the Texas Mexican Northern elurter,
April 30. 18-7, gross earnings were $107,516; net, $58,636. R. M. by the purchase of all its capital siock, $100,000.
The new first mortgage tor $12,500,(00 is a prior lien upon all the
flulslfer. President.
Boston.
(V. 46, p. 75.)
;
miles:
;
upon the above-
in
rueted or to be constructed, and
Marquette Houghton A Ontonagon.— (See Hap Dululh South lines
named securities. The bonds at e redeemable at par on notice by the
A A.) -Owns from Marquette, Mich., to Houghton, 113 miles company. Trustees. Hugh M. Matheeon and Char.es Majniiao. Of the
Mexico, const
Shore
1!'*8, 43 nii.'*' H
total °P erat«d. 156 miles. Has a land grant of about
oI^V.',
80,000 acres. Business consists largely of transportation of Iron ore.
In Oc- 1 1886, a controlling Interest was purchased by a syndicate
in
the interest of the Duluth Houth Shore A Atlantic RR., which Company
operates this road and agrees to pay the Interest on bonds and six
per
cent yearly on the pref. s ock as it stands above. In year ending
Feb
15, 1888. iro-seamlnxs were $1,110,264; net, $518,726; sm plus above
* 195 9M; dividends paid (6 per cent) $196,707; loss to
a"?"'
proceeds of this issue, afier construction of 3f>2 miles in the main line
and a branch of about 75 miles into the Sabinas eoal fields, $1,650,000
remained available for interest and a capital reserve fund.
Of the securi ies issued in exchange for old securiti s, the second
mortgage bonds series " A " are strictly cumu.ative, and not foreclosaule wh.le stock remains in trust as below stated ; the second mortgage bonds seiies " B" are n-'n-cuniulative
trustees, Lymau K.
Bass and J. A. Horsey. Tuird Mortgage Income trustees. C. J. Cauda
lessee
aud H. A. Rislcy. Capital stock. $2.i, 873,0 0, placed in trust with the
hl "
^"le»%oa.-{8ee Map of East Tennessee Vir- Farmers' Loan A Trust Co., leaving the road iu coi trol of first and
<
J?^?,
into
<* Ueoroia).— Owns from Memphis to Stevenson,
Ala., 272 miles: second moitgage bondholders until the road earns and pays interest on
C
MUe
both clashes of bomis for two consecutive years, in wnich evi ut the
Ftoronee 6 raile «: le^ed. 8 even
eT
to ChaS
SffSgHin
^i°.
I "° K "' 40 ^.i
lllp
control reverts to the stockholders. The company receives a subsidy of
"
8: total operated. 330 miles. Of th
"
mi.
n
d
a
a
* 1 ' 400 000 °"> •»»»" by the Old Tennesse. Stato- $11,270 p rmileof road, secured by 6 per oent of the Mexican GovernUen 1or *, 7s? ??A
ment receipts from customs.
From Jan. 1 to July 31 in 18S8 ( 7 mos.), gross eiirns. w«sre $1,323.898. against $1,005 045 in 1887; deficit, $129,866. In last five months of
1887 net earnings were $01,327. (V. 45, p. 232, 537, 67o; V. 47, p. 200.)
Michigan Central.— Line op Road.—Main line— Kensington t»
and*
Detroit, 270 miles; and Windsor to Suspension Bridge (Can. Bo.), 226
,
,
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RAILROAD STOCKS AND BONOS.
73
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SUPPLEMENT.
INVESTORS'
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MARIETTA
AND
NORTH GEORGIA
RAILWAY & CONNECTIONS.
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RAILROAD STOCKS 4NDJBONDS.
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EXICAN NATIONAL
RAILROAD
M)
ITS
CONNECTIONS.
**¥
—
:
:
/
SUPPLEMENT.
INVESTORS'
78
[Vol. XLVII.
Subscriber* will confer a great favor by giving Immediate notice of any error dlncovered la tbeae Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
„„„„ Date Size, or
When Due.
_
allies
Amount Rate per When Where Payable, and by pal.
Stocks- Last
Par
of
FOr explanation of column headings, Ac, see notes of
Outstanding
Cent.
Payable
Whom.
Dividend.
Bonds
Value.
Road
on tirst pago of tables.
—
-
.
Mine Hill* SehuvlkM flarew—Stk,
Mineral llauar -St.s-k
1st mort.. lit June 1,13
1st mort., gold, on Cnluiu
-8.
t
8% rent., P.AR.
17i«
12 1« 1873
4>9 1885
hut not psld
extension
Houghton extension, gold
Mortg»gc of October. 1880
>"
27
A3
15
102
360
53
224
92
495
286
800
100
rf SI. L.— 1st M., Min. to Merriam
1st niortirage, Merriam Junction to State Uno..c*
lit uiortK.. Mluuenpnlis to White B.Ijike, guar.c*
c*
1st mortg., gold. coup. (Al. Lea to Fort Dodge).
Imp. and ci| in M.. 1st A 2dser ..inn. lien on I'd cMort. on Southwestern extension ($12.0:>0 p.iu.Jo*
2d. bds.,inc..5<Si 10yr8.(WhiteBeartoFt.Dodgeic'
c*
1st mortgage, gold, Pacific Extension
Minn.Sl.r.J S.S e.ilarie- II 8.8UM.A At.lst M.g 0«
Minneapolis A Paciflo— 1st
$15,000 p. mile c"
Consol. M. (for $21,000,000), $20,000 p. m., g.c*
Mississippi * Tennessee— 1st M., $2,500,000.. c* A r
1.435
JfiMoun Kansas & Texas— 8tock ($5,157 prof.)
182
1st M., g, s. fund, land grant (U.P.S.Br.), red. at 150
100
1st mort,. gold (Tebo. A Neosho) b. f., red. at 100.
70
lstA-'dM. dan. A Cent. Mo.,(2dM.,$32,000.1892)
786
Consul. M., gold, on road and land (re 1. at 100)
3d in.. Income, exchangeable for genl. m. 5 per ct. 786
Booneville Bridge bonds, g. guar., drawn at 100
Gen consol. M.. g. ($9,340,000 are 5e) $20,000 p. m. 1,585
Minneapolis
.Ii-n
i
>.
M
,
l.OOO
1,000
500 Ac.
1.000
1.000
1,000
1,000
1,000
1.000
l,00i
1,000
1.000
1,000
East Line
& Red River
A Ot. North'n,
1st mort., gold
2d mortgage, gold
Colorado Bridge bonds, sink'g
Internat.
do
do
c*
776
776
f d.
1868
1870
1870
1871-3
1880-6
1880
1879
1881
1880
.1.
7
g.
7g.
g
l
-
7
g.
7
5
2,054 000
"e'g.
346 000
696 000
14,877 000
581 000
79 000
7g.
7g.
500
&-c
l
:
*
Ac—
-
5*
8'
A-
225 ,000
miles; total main line, 496 miles. Branches owned and leased— Mich.
Air Line RR.. 115: Jol. A No. IntL, 45; Grand River Valley, 84; Jack.
Lan A 8ag., 295 ; Kal. A So. Hav.. 39 : Det. A Bav City. 152 Bog. Bay
No. W.,64; branches 85. Tol. Can. So. A Dot.. 56: Can. So. Br.
Co., 4; Mich. Mid A Can.. 15; Canada So. branches. 99; Sarnia Chat. A
Eric, 7; Erie A Niagara, 31; total branohes 1,027 miles; total operated,
1,52 f miles There are 121 miles of second track and 569 of side tracks.
Organization, Leases,
The Miohigan Central was chartered in
1846; the whole line, Detroit to Kensington, was opened in 1852. The
Detroit A Bay City road was foreclosed Feb. 12, 1881, and purchased for the Michigan Central, which leased it and put a mort i age
on the road. The other lines described above as leased are all held by
the Michigan Central nominally under leases at fixed rentals, but are
practically owned. The land grant came from the Jackson Lansing A
Saginaw company as stated below.
In Nov., 1882, a close contract was made with Canada Southern for
working its road by the Michigan Central and for the division ot
net profits over all charges as follows— one-third to Canada Southern and two-thirds to Michigan Central; but the latter company is
entitled to an Increase on this proportion as it diminishes its interest
charge by payment of bonds or otherwise.
Stocks and Bonus The Michigan Central stock has remained at the
«ame amount since 1873. Prior to 1873 it was a regular 10 per cent
took. In 1872-73 paid 5 per cent and 4 in scrip, but afterward paid
dividend till 1878, and since then Irregular amounts. 8ince 1870
dividends have been: In 1870-71, 10 per cent: 1871-72. 10; 1872-73,
g
7g.
st
27,264 ,010 5
347 ,000
7,954 000
7,054 .ooo
7
and 4
in 1878,2; Inl879,34>; in 1880,8: inl881,6»s; in
in '84. 3; in '-5 and '86. nil; in '87, 4 per cent.
in prices of the stock has been as follows: In 1871, 114®
126; in 1872, 1138120; in 1873, 65®111; In 1874, 68>s®95is; in
1875, 53®82»4; In 1876, 34°ga65><; in 1877, 35=887414, In 1878,
68«8«75; inl879, 73%®98; in 1880. 75®130is; in 1881, 84%®126M);
In 1882, 77®105: in 1883. 77®100%; In 1884, 51%®94ia; in 1885,
•6>*S79%; In 1886, 6lHia98*V, iu 1887, 80805 1!!; in 1888 to Sept.
21 Inclusive, 72888's.
ft
In scrip
;
82, none paid; in '83, 5
;
The range
!
The Jackson Lansing A Saginaw e'ebt Is assumed by Michigan Central,
which also pays $70,000 per year on the stock of $2,000,000 the proJ. L. A 8. lands go to pay bonds, and In 1887 sales amounted
;
ceeds of
to 7,222 acres for $140,451 (including timber), leavtne 296,924 acres
unsold; land contracts and other assets on hand, $473,353.
Operations, Finances,
The road is operated under a close con
tract with CanadaSouthern and the earnings of both roads are included
in the statistics below.
The statement of the combined roads for 6 months ending June 30,
(June, 1888, approximate) on whioh dividends were declared, was
as follows
1888.
1887.
Gross earnings
$6,5:15.000
$6,361,000
Oiwratlng expenses and taxes
4,725.000
4,511.000
Percent
(72-3)
(709)
Ac—
Net earnings
fl .£10,000
I,260,u00
$1,850,000
1,276.000
Surplus
Proportion to Canada Southern Co
$550,nio
159.000
$574.0<0
170,000
Balance
Dividend, 2 per cent
$391,000
374,764
$104 000
Interest ami rentals
374,764
Balance
$16,236
$29,236
The Canada Southern had the $159,000 above; dividend, 1U per
eent, $187,500, leaves deficit of $28,500.
The annual report Tor 837 in V. 46, p. 571, gave the following
OPERATIONS AND FISCAL RESULTS.
1884.
1885.
1886.
1887.
1
Groesearnings
Operating expenses.
11,659,077
Net earnings
P.o.op.exp.to earns.
2,09 ',945
8.95 J, 132
10,707,394
8.014.603
12,295,828
8,404,679
14,104,490
9,875,216
2,692.791
74-85
3,891,149
4,289,244
69-72
76-84
INCOME ACCOUNT.
1884.
Receipts -
18*5.
$
(I
6335
1886.
$
1887.
$
Vet earnings ........
Int. and dividends
Total income
2,699,945
79.858
2,779,803
2,092,791
72,216
2,76 \007
3,891,149
45,190
3,936,339
Bentals paid
Interest on debt
Can. So <i of net)
Miscellaneous
184,310
2,454,292
20,448
134.310
2.482,443
8,679
184,n0
184,310
..
2,392,674
407,335
•urplusfordlv'ds...
2,650.050
120,753
2,675.432
8»,575
2,351,619
540,870
32.513
8,109,312
l.i32 650
.
Disbitrssmenls —
:
,
Total
Dividends
Kate
of dividend*
..
I
952,020
374,764
(2)
Surplus.
120,753
4 ^. p. 5. 26. 872. 886 : V. 40.
XUddletown
2,984,319
iitonvllle tc
89.575
p.
57 i 783
.
577,256
4,289,244
52,718
4,341,962
749 52b
(4)
483.122
P02.)
Water Gap.-Owns
from Mid-
.1.
.1.
.1
.
.1.
.1
.1.
.1.
dletown, N. Y., to Unionville, N. J. State Line, 13 miles. Is controlled
by N. Y. Sua. A West, by ownership of stock. In year ending Sent. 30,
•87, M-ossearn's, $44,903; net, $12,878; def. under fixed charges, $8,642.
Milwaukee Lake Shore A Western.— (See Map )—Owns
from
branches—
Wis.. 391 miles (4 miles leased)
Hortonville to Oshkosh, 23 miles; Manitowoc to Two Rivers, 6 miles;
Eland June, to Wausau, 23 miles ; Antigo to Maloolm, 11 miles Monico
to Rhinelander. 16 miles; Hurley branch. 13 miles branches to mines,
&c, 41 miles: Watersmeet branch, 5 miles; Ontonagon River branoh,
6 miles; total owned, 531 miles; leases, Milwaukee to L ke Shore
Junction, 4 miles; spur, 1 mile; Clinton to Oconto. 56 miles: total
leased, 61 miles: total operated, 592 miles This company was organized
in 1876 as successor to the former company foreclosed inl875. Preferred stook has a preference to the extent of 7 per cent from net
earnines. The debentures are convertible into stook at par at any time
within ten days after the date fixed for payment of divs. on com. stock.
The equip, bonds are redeem $30,000 per vcar at par; the funding notes
$100,000 per year; the equip's of 1885 at $100,000 per year after 1890,
and the Ontonagon 1st mortgage $25,000 per year at par.
The annual report for 1887 was In V. 46, p. 880.
Milwaukee to Ashland,
:
;
;
INCOME ACCOUNT.
—
o
.1.
.1.
.1.
1,000
1,000
1,000
1,000
i",6bo
.1.
.1.
.1.
6g.
5g.
46.410, 157
1,000
1,000
.1.
.1.
5g.
4g-
500 Ac.
1876
1873
-J
8
5
5
4
100
.
.
198,000
100.000
100,000
250,000
455,000
950.000
280.000
1,015,000
4,000,000
636,000
500.000
1,382,000
10.O00.O 10
4,290,000
A J. Phlla., Office, 1198. 4th July 16, 1888
July 5. 1887
Overdue.
& D. Last paid June, 1837
A & O. List paid April. 1887. Oct. I, 1915
Last paid July, 1887
Jan. 1, 1916
A
A
List paid July, 1887
Oct. 1, 1926
A J. Last paid .lan., 1888. Jan. 1, 1907
A D. Last paid Dec. 1887. June 1, 1927
M A N. Last paid May, 1888. May 1, 1907
A D. Last pall D'C, 1887. Junel, 1909
A J. La«t paid July, 1H87 July 1, 1922
A D. Last paid Dec, 1887. Dec. 1, 1910
1890
A J. L-wt paid Jan.. 188 J
A. A O. Last paid Apr., 188*. April 1, 1921
A J. N.Y.Mor'n.Bliss.ALond July 1, 1926
A J. N.Y., R. P. Flower A Co. Jan. 1, 1936
July 1, 1938
A J. New York Agency.
Deo. 1, 1952
J. A D. N. Y. Office, 214 B'wsy
Jan. 1, 1899
J. AJ. Last paid Jan., 1888.
A D. Last paid Dec, 1837. Junel, 1903
u A N. N.Y.. Mercantile Tr. Co. May,1890A'92
1904-1906
V A A. Last pail Feb.. 1888.
A A O. N.Y., Mercantile Tr. Co. April 1, 1911
do
May
1, 1906
do
II A N
A 1) Last pall D30., 1887. Deo. 1, 1920
1900
paid
Dec,
Junel,
Last
1887.
J, A D
M .A N NY., Mercantile Tr. Co. Nov. 1, 1919
1909
I,
paid
March.
1838.
Sept.
U .A 8 Last
1920
M .AN N.Y., Mercantile Tr. Co.
J.
2ij
400 000
500 An.
100 Ac
1886
18*6
1877
1877
1877
1879
1882
1880
1880
1881
1886
1886
1888
1887
4
$1,081,900
$50
100
100 Ac.
137
1886.
1985.
1887.
$2 317.302 $3,180,681
95,200 $1,240,323
9.529
36.1 81
47,733
430,119
Total net rooeipts
1,031,381
1,288,066
342,6 18
430.271
Interest paid (including incomes) ..
517,687
•J6.9I0
31,307
Rental and miscellaneous
21.197
366.845
507,211
548,994
Total
524,170
63,574
739,062
Surplus
175,000
430,000
Dividends
3Ljonpref. 7 o n p. 4 cm.
Rate of dividend..
63,571
349,170 ~* 309, 062
Balance
Of this balance $155,000 was used for redemption of funding notes
and bonds, leaving $154,000 to be carried forward.
— (V. 45, p. 240, 820; V. 46, p. 131, 380, 802.)
Hilwiiukeo & Lake Winnebago. O wns from Neenah to
Schleisingerville, Wis. Built in 1 882 and leased for 99 years to Wiscon$1,365,273
Gross earnings
Net earnings
O.her receipts
$420,890
,
—
sin Central at 37!9 per cent of gross earnings as rental; but after
$ 1 75,000 per year is received the balance of net earnings is to be equally
divided. The $1,000 000 debentures were authorized to be issued as
required for improvements, and they are convertible nn any coupon day
into pref. stock; the lessee pays interest on them till 1894. Pref stock,
fi per ct. cum.,
$780,000; com. stock, $520,000; par of shares, $100.
Dividend of 3 per cent on prof, stock was paid J Jly 15, 1838. In 1887,
rental was $167,954.
Milwaukee A
Northern— (See Map.)—Owns from Sohwartzburg,
Wis., to Champion, 257 miles; branches— Menasha and Appleton to
Ellis June, to Menominee, 22 m; total operated,
Hillbcrt.Wis., 21
St. Paul track, 9 miles, into Milwaukee.
300 miles. Uses Chicago M.
Sec full statement in V. 44, p. 813. The stock is $4, 1 3 1 ,000. The consolidated mortgage is for $3,000,000, and $2,155,000 bonds are reserved to retire Ists ot 1830. In 1887 eross earnings were $976,137;
m
;
A
net. $ H9.573; surplus overcharges, $119,473. Gross earnings in 1886,
(V. 45. p. 53, 613, 672; V. 46 p. 75.)
$046,226: net, $232,085
41 i m> Hill A- Schuylkill Haven.— Owns rrom Schuylkill Haven,
Koad was leased
Pa., to Locust Gup, Pa., with branohes, 137J3 miles
May 12, 1864, to the Philadelphia <s Reading Railroad Co. for 999 years
at a rental of $326,552 per year. There is no debt, and regular dividends are paid. Operations are inoluded In lessee's returns.
Iliiiernl Kaiiee. — HoULrliton, Mich., to Calumet, Mioh
15>a
miles: brand, Franklin Station to Franklin, 2 miles; total 17 "smiles.
In 1837, gross earnings, $153,782; net, $97,661. This road was under
the H. S. Ives management. The coupons of Oct. 1, U87, and since
have been passed, and bonds due June, 1888, not paid. C. A. Wright
was appointed receiver in June, 1888. Offloo, 36 Broadway. F. B.
Loomis, President.-! V. 45, p. 272. 538; V. 46, p. 733.)
St. Louis.—Owns main line. Minneapolis to
Minneapolis
Angus, Iowa, 2)9 miles; Paeilic Divlsion.Hopkins to Morton, 92 miles;
Kaio Branch, 2 miles; Lake Park Branch, 1 >a miles; total operated. 354 1«
miles. Leases trackage from Minneapolis to St. Paul over St. Paul A
No. Pacific RR. also owns from Minneapolis to White Bear, 12 miles,
which is leased to the St. Paul A Dulnth RR.
Of the bonds issued under the 1877 mort. due June. 1927, those numbered from 1,101 to 1,400, for $500 each ($150,000 in all, in addition
to those above), were assumed by the Bur. Cedai Rapids A No. RR. The
bonds on the 15 miles were issued by the Minneapolis A Dulnth Railroad
before it was absorbed by this company. Preferred stock, $4,000,000
issued; common stock. $6,000,000 issued; par of both $100 per share.
Most of above 1st mortgages are also a second lien on mere or less of
the road. The Jan., 1833, coupon on equipment bonds and all June,
1888, coupons weie defaulted on. The President's explanation at
lenirth was in V. 46, p. 738. W. II. Trucsdale, Pres't. was appointed receiver in June, '88, in the foreclosure s lit no Icr Imp. and equip, mort.
The Wis. Minn A Pac, Red Wing, Minn., to Manka o, 95 m. and Morton
Mlnn.,to Watert. June., Dak., 121 in., is leased and operated by this Co.. but
the M. A St. L. has no oolieation for the bonds. $3,000 000 of which are
pledged a* collateral under the Chic. R I. A Pnc. extension and collateral mortgage. Stock outstanding is owned by tue Chic. R. I. A Pao. RR.
,
A
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Skftembkr,
RAILROAD STOCKS AND BONDS.
1888.]
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1888. J
BAILROAD STOCKS AND .BONDS.
Kl'|
.
INTESTOKS'
89
SUPPLEMENT.
XLVII.
[Vol.
Subscribers will confer a srreat favor by giving Immediate notice of any error disco -mil in these Tables.
DKS<
KdTION
For
Mites
Date
of
ni
Aj., see rotes
column neadlngs,
on in-xt page of tabii
explanation of
3i7,e,
M
•
—
$100 *43,974.8?0
7,0 '0 000
1863
1871
1872
1873
1876
i860
1,000
1.000
500 Ac.
1380
1880
1887
1836
sou Ae
1886
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1.000
1.0(H)
1,000
1,000
i,ooo
i.'K;o
304
Cairo A Fulton. 1st, g., on road A land.
Gen. oonsol. and land grant M., gold. 1 1255
81to'7
j
supplemental, gold (
do
do
UttTe Rock A Fort Smith— 1st M., land gr. gink. fd. 165 1875 500 Ac.
1,0(0
Sedalia Warsaw A Southern, 1st mort
"2 1080
1.000
1884
Little Rock Junct'n, 1st A 2d M. ($35,000 are 2d)
1,000
Mobi'c it Birm.— 1st, g..guar. ($20,000 p. m.). ..OAr 150 1887
1,000
1887
gold
36
-1st
mort,
Mobile it Dauphin Island
1.000
85 1869
Girard— 2d mort,, end. by Cent. Ga. RR..
Mobile
l.ooo
1877
3d mort. bonds ($19,000 are 6s)
179 1881 500 Ac.
Mobile * Mont. - 1st M. bonds by L. A N. RR. Co.
i.0"0
179
B0-..18 ($41,000 are 8s)
472 1879 500 Ac.
o*
Moaiir <t OAio—lBt mortgage, gold
1,0 JO
55 1883
O*
l»t mortgage, extension, gold
1833 500 Ac.
Gen'l M. (int. payable in eorip till after '91)s.f..c* 472
1,000
notd'wn.o*
81
1S79
Montgom. d Eufaula— 1st, s. f., $15,000
do
do
;
A
;
Marie A Atlantic the Minn. •£ Pacific, tue Minn. A St. Croix and
Northwestern. (See V. >6 op. 533, 609
the Aberdeen Bismarck
-Ste.
.
A
large block of
Canadian
Pacific,
)
o.
tock was sold to capitalists interested In the
which oompany will thus v- ork with the consol-
idated roid S.oca-eora., *ll,000,00ii; prtf $7,000,000; par, $100.
The first mortg. bonds of M. 8. 8. M. A- A. were issued in 1887 at *20,000
end out of the prooeeds a sum was retained to ..a.v coupons up to
p.
,
1889 (Abstract of mortgage V. 45, p. 243.1 Toe consolidated
mortgage of 18S8 (trustee, Central Trust Co.; mortgage abstract Chronicle, V. 47, p. 142) will retire these and the Minn. A Pao. bonds at ma.July,
turity.
006; V. 46,
(V. 45, p. 166. 179, 211, 243, 696,
p. 142, 161.)
p. 38, 538, 609,
771, 802; V. 47,
&
Tennessee.— Owns from Grenada, Miss., to MemMississippi
phis, Teun., 100 miles. Capital stock, $825,455. A majority of stock
•was sold-in May, 1886, to E. H. Harrinian and others identified with
the Illinois Central Railroad. Default in the payment of Interest was
made in 1887, and in 1888 the above mortgage (trustees, E. T. II. Gib
son and A. G. Ilackstaff) was issued to reti re the 8 per cents, and for improvemnts. Old bonds received Interest to date and were exchanged
lor new bonds with a oonus, theA'sof $150 and B's of $100. The mortgage securing the 8 per cents has been canceled, leaving the above
mortgage the only lien on the property. (V. 46, p. 708.)
In year ending Sept. 30, 1887, gross earnings wire $502,800; net,
*117,754; deficit under interest $40,646. In 1885-6, gross $125,718;
net $97,358.
768
V. 46, p. 75, 134, 708.)
Texas.— (See Map Mo. Pac.)- Line op Road
Missouri Kansas
Hannibal, Mo., to Denison, Tex., 575 miles; branches, Dallas A Greenville ex enslon, 52 miles; Parsons, Kan., to Junction City, Ran., 157
miles. Denison, Tex., to Taylor, 258 miles; Whltesboro to Henrietta,
Tex., 86 miles; Denison to Mineola, Tex., 103 miles; Denton, Tex., to
Dallas, Tex., 39 miles; Echo, Tex., to Belton, 7 miles; Trinity to Ogden,
Tex., 67 miles; coal branches, 8 m.; Jefferson, Tex., to Mc Kinney, t'ex.,
1'65 m.; Taylor Houston
Bastrop RR., 103 m. Total, Deo. 31, 1887,
1,611 miles. International A Great Northern, from Longview, Texas,
(V. 45, p.
;
A
—
A
to Galveston, Texas, 282 miles (of »hich 50 miles leased fiom G. H. A
B.\, and Palestine, Texas, to Laredo, Texas, 415 miles: branchesHouston to Columbia, 50 miles: Phelps to Huntsville, 8 miles; Mineola
tto Troupe, 44 miles; leased—Round Rock to Georgetown, 10 milesHenderson to Overton, 16 miles; total operated, 825 miles; the Holden
branch Is owned by M. K. AT., but leased to Mo. Pac. 54 miles. Total
mileage Mo. Kan. A Tex. and Int. A Great Nor. (including Gal. Hous. A
Henderson, 50 miles), Dec 31, 1887, 2,490.
Organization, HiSTOKY, Ac.—The M. K. A T. Company was organized
April, 1870, and embraces by consolidation the Union Pacific Southern
Branch, the Tebo & Neosho and other minor companies. In 1874 the Hanalbal A Central Mo. was purchased. The company made default on its
consolidated bonds in Dec, 1873, ana was operated by a Receiver from
Dec 30, 1874, to July 1, 1876. when the Union Trust Company of New
York took
possession.
On
Dec.
1.
1880, the
company took
possession
of its property, paying the overdue coupons. The company had a land
*—
" w
grant
»hfch
ifch has been practically closed out
also a grant in the Indian
Territor
tory^of
a' 3,622,400 Bcrea^subject^ to the extinguishment of the
title
Indian title.
The Booneviile Bridge Company is a separate organlza^
Hon, and earns interest and proportion for sinking fund.
At a meeting of stockholders May 18, 1881, a lease to the Mo. Pac for
•9 years was ratified on tho general terms that the lessee operate the
road and pay the obligator}- mortgage interest, paying over the balance
ii any, 'o the Mo Kan. A Texas Co.
On June 1. 1>-88, the M. K. A T. made default in its inter-st payments
and a foreclosure .nit was begun. Large claims lor advances were made
by the Misso'ni Pai Iflc Co.. lessee. See report of Investigating Commit'
'
tee, Chko-iclk V. j7, p. 257.
The International A Great Northern Railroad was acquired by Mo
Kan. A Tex. in May. 1881, ny an exchange of two shares of Missouri
Kansas A Texas stock for one of International A Great Northern
and the Int. A Gt. N. stock is held in the treasury of the M. K. A T., and
to April, 18»8, It was reported as pledgeu to the Missouri Pacific
1
nt
S roadH ha be "" 8<)ld ln foreclosure July for
31
£
i2S"rw*U ?w-o
,i
i'
8
Dir?'
l "Ult , " S
19 8ept l 18 ' 8 on 2 » "mortgage of
«o?t.»f,l
1909. but Mere.',H,
utile Trust c
C". J""* .
'
offered to
aranle
'
\
purchase ouuons.
$2 000 000o, '*»lve«t«n Houston A HenJJ^ni.t^rt•RK,
f*K
j
•*?i???_1,t n r*. 5 percent bonds, or which M K. A C. owns
.'
..
•
'0.
$40o!o00.
»
2
'77, na,: in
^!!81 '" ^9, 5%»35»4; in '80, 28iea49i4; in 81,it'.*si
8*54;
Sla3?>4; in -v.i i,i.,„ 34 14: in '88 to Sept. 2l', incl.,io»
g\w* T. .1.... inn, it 1
j
_
.
I
-w
The consol. on.
7s. du 1904-6, halt a sinking f nnd of
IZSj.
,
•
'
f*l
1
1.
11
.
.
1
•
in '82,
in '86,
:
J.
A A.
O.
|* M. AA N.
A. A O.
7
5
F. A A.
M. A N.
M. A 8.
5g. J. A J.
5 g. M. A 8.
F. A A.
|
M. A N.
J. A D.
J. A D.
J. A J.
A. A O.
If A. A O.
J. A J.
M. A N.
A. A O.
7
5 g. J. A J.
M. A N.
v- J. A
4
J. A D.
M. A N.
6
A8 Various
J. A D.
g
S
6g. Q.—Jan
M. A S.
4
6
J. A J.
.'.
6
-
due.
Dividend.
15,1888
1, 1938
1, 1891
do
Ml
May 1, 1892
do
do
do
Oct 1, 1893
do
Nov. 1, 1906
do
do
Oct. 1, 1889
do
do
Aug. 1, 1920
do
do
Nov.
do
1, 1920
do
do
Jan. 1, 1917
do
July 1, 1926
do
do
Feb. 1, 1928
do
do
Aug. 1, 1892
do
do
New i
Mayl, 1897
or London.
N.Y Mercantile Tr. Co. Juna 1, 1895
j
do
June 1, 1897
do
do
Jan. 1, 1891
do
April 1, 1931
do
do
April 1, 1931
do
do
do
Jan. 1, 1905
do
do
May 1, 1910
do
do
April, 1914
N.Y ., Clias Nat. Bank Jan. 1, 1937
New Yo k Agency
May 1, 1927
N.Y H. B.HollinsACo Jan. 1 1889
do
wO
June 1 1897
May 1, 1931
N. Y.. L A N. Ollice.
N Y. A Louisville.
1»90 A 1900
N.Y Fanners' L'n A Tr Dec. 1, 1927
July 1, 1927
do
do
do
do
Sept. 1, 1938
N.Y ,H. B. Hollins A Co July 1, 1909
,
Mercantile Tr. Co.
Oit,
Aug.
iu.
•Tilly
,
.
:
:
1
Earnings fr
n
—
Passengers
FT'ight
ex t —••> ani' miscellaneous.
Totaleam._
......
Mail,
.
Operating expenses
Vetearnings
$1,532,713 $1,575,920 $1,654,270
4,833.860
5,470,742
5,292 344
42 7,082
404,982
420,109
.16, 353. 655 $7,451,644
$7,366,723
Q55.101
4.223.75 s
5,-00,140
$2,798,bo4 $j,2-2,8»0 $1,8H6,583
1
59-1
Katio of earnings
56','4
7466
INCOME ACCOUNT.
Keceipts—
Net earnings
Dividends, Ac
Total net Income
Disbursements
1885.
$2,798,554
189,799
$2,9s8,^53
—
1886.
$3,222,890
126.453
$3,349,343
1887.
$1,866,583
41,374
$1,908,457
Interest on bonds
Taxes, rentals, Ac
$2,439,427 $2,483,363 $2,781,480
310,6 46 *1,502,022
425,7h2
Total disbursements
$2,750,073 $3,985,385 $3,207,262
Balance for year
+$238,280
$6 >6,0'2— $1,298,805
* Of this about $800,000 was paid to Int. A Gt. N, in settlement.
—(V. 45. p. 163, 292. 341, 613, 82b V. 46, p. 148, 17 371 38 0, 413, 511,
521, 538, 513, 573, 609, 650, G7s, 699, 739, 771, 802, 828; V. 47, p. 21,
140. 170, 188, 227, 256, 257, 285, 353.)
Missouri Pacific— (See Map.).— Line op Road—Operates main
line St. Louis, Mo., to Omaha, Neb., 496 miles; Pleasant Hill, Mo., to
Joplin, Mo.. 133 miles; Verdigris Vulley Independence A Western Railway- Leroy to Wiuton, Kan., 75 miles; Leroy A Caney Valley— Roper
to Peru, Kin.. 52 miles; small lines, principally in Kansas and Missouri, 517 miles; total Missouri Pacific system proper, Jan. 1, 1888,
1,478 miles. Also operates "Branch lines," inoludlug the following—
The Connoil Grove Osage City A Ottawa, 7 miles; Topeka 8alina A
Western, 70 miles; Counoll Grove Smoky Valley A Western, 27 miles;
K nsas A Colorado, 126 miles (with branch of 10 miles)
Denver Memphis A At!.. Western Div., 139 miles: and Pueblo A State Line, 151
miles ;— which form a continuous line from Ottawa. Kan., to Pueblo,
Col 540 miles, and have total mileage of 584 miles; Kansas Ft. Scott A
Wichita—Ft. Scott to Kiowa, Kan., and branches. 3n4 miles; Denver,
Mi inphis A Atlantic Eastern Div., Chetoka to Larned. Kan.. 272 miles;
other lines, 363 m. total "Br .inch lines," Jan. 1, 1888, 1.523 m. Missouri Pacific and branch lines, Jan. 1, 1888, 2,7»6 miles. Also the
Central Branch Union Paciflo, 385 miles, is operated under contract,
and the Sedalia Warsaw A Southern, Sedalia to Waisaw, 42 miles, Is
also operated, making the total niiU-ase operated Jan. 1, 1.^88, 3,226 m.
In addition leases or controls—St Louis Iron M mntai-i A Southern,
1,142 miles: Little Rock A Ft. Smith, 170 miles; Missouri Kansas A
Texas, 1 611 miles; Imernatioual A Great Northern. 775 miles; Galvesion Houston A Henderson; 50 miles; total, 4,178 miles. Grand
total Missouri Pacific mileage, Jan. 1, 1888, 6,9.4 miles.
Organization, Leases, Ac—The Pacific RR. Co. (of Missouri) was
incorporated under charter dated Maroh 12, 1849, and road opened to
Kansas City in October. 1865. The company received a loan from the
State of Missouri. The Paciflo Railroad of Mo. was sold ln foreclosure
Sept. 6, 1870. The present company was a consolidation in Aug., 1880,
embracing the Missouri Pacific and a number of miuor roads.
The St. Louis iron Mountain A Southern stock was taken up with
Mo. Pac. in May, 1881, on the basis of three shares of Mo. Pac. foi four
shares of Iron Mt.. and the St. L. A Iron Mt. stock •• held by Mo. Pao.
Stock and Bonds. Under the new regime the payment of dividends
was begun on the present stock in '80, in which year 1 Hj p. 0. was paid.
Dividends since were as follows in '81, 6; in '82. 6m: " '83 10 '87incl.,
7.
Range of stoekprice8siucc'821iasbeen asfi Hows: In '83, 86 »106 78!
in '81, 63V310 '; in '85 8.'Hi^lll >4
ln '86,10o\«ll9; in '87, 84%B
112; in '8s to Sept. 21 incl., 67%oi89%.
Trus eeof 1st mort. on Pacific of Missouri RR.. extended in 1888,1s
Mercantile Truot Co.
—
1
;
.
,
1
;
,
;
;
—
•
<
:
The consol. mort. above Is for $30,000,000— trustees John F. Dillon and
Edward D. Adams. Of the oonsol. bonds the balance unissued Is in the
hands
of trustees to redeem prior bonds as thev till due. See abstract
or mort. emit nuing descriptions of prior lit us, Chronicle. V. 47. p. 237.
The collateral irust bond- due 1 17 (Union Ir Co. or N.Y, Trustee) are
cured by morig. bonds of new railroads at $12,000 or $15,000 per m.
For securities pledged, Ac see Chboniclk, V. 46, p. t>78. The Leroy A
Val. RR., in Kansas. 80 in., is leased and bou >s guaranteed by Mo.
Reserved to Pacific as also the Verdigris Val. Independence A Western.
..
beginning in 1874. but the sinking fund has not been 1 ner oah(- a
analysis of the general mortgage of 1880 shows fuelled
An
.i
M.
A.
N.Y
Whin
Mocks- Last
retire underlying bonds on old road, $18,535,000 sixes; issued on
account of new road built or acquired, $17,924,000 si xe j total sixes
authorized to date, $35,815,000. Fives issued for incon e bonds and
scrip, $9,310,000; total genl. consols, outstanding, both 5 ami 6 per
confusion in regard to the
cents, $27,264,000. There has been s<nu
number of bonds listed at the Stoc ! Exohs e jre and the amr»i">r notualiy
outstanding, sinne the numbers from 1 to 18,217 originally reserved to
retire prior liens, have been listed ever since 1831 ; also theflvesare
listed in the same series of numbers with the sixes, embracing the nuiubersfroui 28,217 to 45,815 inclusive. See abstract of consol. mort. of
1.371 in Chronicle, V. 47, p. 227, and of general consol of 1880 in V.
47, p. 170.
The M. k.. A T. annual report for J 837, in V. 46, p. 380, had the following:
1885.
1886.
1387.
Miles of road operated Dec 31...
I,3d6
1,386
1,611
,
m
Q.-J.
A.
F.
J.
8
338000
.
.
7
435, 00
3,000,000
1,500,000
261,000
819,000
2,689,000
255.000
7,000.000
1,000.000
10,500,000
1,500,000
<f.
From Jan. 1 to June 30 in 1 888 (6 months), gross earnings of the M.
.4 St, 1. were *634,3 10, against $728,970 in 1887; net, $102,425,
.again". $169,036.
In 1 '37 gross earnings were $1,491,338; net, $428,147; deflol'. tader
V. 46,
interes., $125,203. In 1886. deficit, $3,163. (V 45, p. 808, o .d
p. 320, 699. 733, 819 ; V. 47, p. 21.)
Minneapolis
Sanlt Ste. Marie.— From
Minneapolis St. Paul
branche-, 23 miles; from Minnc
-to Sault 8te. Marie, Mich.. 491 miles
apolis northwest to Boynton, Dak.. 286 miles; total completed, 800
miles. In progress to Bismarck. Connects with Canadian ^aciflu.
This Co. was formed May, 1888, by a consolidation of ihe Minn Sault
I
4
Z,573,O"0
800,000
245,000
3,828,000
190,000
650,000
14.714.000
14,376,000
520.OO0
750.000
4.000,000
6,0OC,0oO
2 500,000
1 ,450.000
7,333.000
10.231.000
7,507,000
2,342,500
500
1837
1872
1870
1872
1870
1881
M
pal.
Amount
per When Where Pi yaine, and by
Outstanding Rate
Value.
Cent.
PavaMe
Whom.
hoa<;. ootid*
.
.............. 3,226
Pacific -Stock
283
1st M., K., <t*ac. RR. of Mo.) extended in 1883
283
•.), Oj. f. *SO,000|
2d M. (Pao. UK. of
of
Mo.).
Louis
RR.
(Pao.
In
depot
-t.
on
lit ort.
15 .a
1st M. Oa.-ond. Br.. iPac.RR. of Mo ), euar
299
M. (covering all p operty of Pac RR. of Mo.)
3d
"
21
wenworth Atcl.. A N. W., 1st mon,., jniar
Le*ven
1st niort. mi it L 'ill" * Lexington (Mo. Pac.)
Consol. M.,g., $30,000,000 ($15,286,000 res'dl.c* 1,060
Collateral trust bonds, gold ($15,000,000). ..CAr 1,120
80
l#r. ACanevVaLRR. lstM,g.gu.($10,OOOp.m.)o*
75
Verdlirrls Vail. Independence AW., 1st M.,g., guar.
210
8t.L. Iron Mt. Afo., 1st mort., coupon
310
gold, coup., may be rog
2d
do
99
Ark. Brancn.lBt mort., gold, land grdo
cp.orreg
71
gold,
let,
eat™ Ark. A T..
do
Minouri
Bond*- Princi-
INTEKE8T OR DIVIDENDS.
or
far
si
,
Caney
SkftiMiKb,
*3
great favor by giving Immediate notice of any error discovered In these Tables.
Bond*— PrinciDEBCKllTloN.
INTEREST OR DIVIDENDS.
Mites Date 8l»e, or
pal. When One
Amount
of
of
Par
explanation of column headings, Ac, Me notes
Where
6 " Dd bj Stocks— Last
o-sssskg
SakMrilwn
* 01
RAILROAD 8TOCKS AND BONDS
1886.]
will confer
«• r .X55.
Pmyrtln
;
[
on lint page of
Road. [Bonds.
tables.
Moisoa'i La* Tea- —IK M. (N. O. to Morgan Cltyl.c
1st murtJOtgcAtex. Extension, gold
Moms* tut*
Block. 7 p.
c
guar. D. L.
1
*W
102
157
132
84
84
ig fund
1st
2d mortgage
Convertible
D.L«f..
for *6.1OO.000i. coup
c'
2dmort.. gold or silver
o*
Bonds told by U. 6. Government
IstM. on Fayette. A McM. brs. ($6 000 p. m )..f
on Lakes*
son Br*nrb.
1st
tf
1st M. on Jssper Br. (t 9t>,000 are 8s, doe 1906)
c'
1st M. on Centrevllle Brsncb, gold
A I. RR ...•"
latM. on Tracy City Br. iTeon
IstM. on Bon Air Br.. 10-30*. 820.00up m. ..c*
ConsoLM.. s (fur $20,000,000). $20.Oo0 p.m.. o'
Dock River ML. 1st M.. $6,000 p. m.. atsnmed.e
i
C
>
LAN.
tosAwiiu d i*eoh«r-etocit. gnsTd 6 p.'e! by
1st sbuiI- guar, s. f
Baanstfi* riortnr, d SktffUld - 1st mort.. gold
.%«*ti//« d Knomtf— 1st mort. for $3,000,000
J5
r
l.Olsl
187a
321
18H
SSI
125
1871
1877
1877
M
31
77
40
20
7
•50
48
48
l.OOO
l."«X>
l.ooo
1.000
-1H
1
M.
.noo Ac.
le»l
1.000
1870
11-7
13-8
l.ooo
l.ooo
l.OOO
:--j
100 AC
loo
l.OOOAe
50
1-12.71MI
1°
6
5g.
6A8
v-
.
F.
M
•00.000
1. 400.000
per ent per
A.
A
I
New York Agency.
N N.Y.. Mercantile Tr. Co
Sept. 1.
June
- Phils.. 226 South 3d St. Sept.
.V
annum on a673.4S6 stock.
changed lor 6s or
ceuf. doe 1897.
1, 1937
1918
1913
July 3. 1888
Aug.
A.
A 8 N.Y., Meiroiol. 'Ir. Co
A J. New Haven, Ct., Trees.
AD
do
do
will be paid off.
1918
1888
1.
1.
The 8 per cents may be ex-
There are 919,000 3d
ui ort.
Mobile Ac .Vloolgonaery- [See Hap LovUviUe <t
dwas from Montgomery. Ala., to Mobile, Ala., 180
6 pc*
.\at»rille)—
miles.
The
was sold In foreclosure Nov. 16, 1874, and purchased by bondwho organised this company on a stock basis. The stock la
12.050,800. all owned by the Louisville A Nashville RR. Co., whloh
sow operates it s .it pivs >i|vt lends sa esrnoil. The oltl mortgag*
tebt outstanding la about 8330,000.
The Louisville A Nashville Co.
~T.63i».ooO Ikin.la secured on this road. 82.677.0O0 of which
for lite collateral trust bonds of that oompsny. luteal*
JuneUO. 1-17. btoss earnings were pi. 12 .403; net. 8374,OSi|
surplus over Interest anil taxes. «1C6.I83. In 1885-6. gross. •1.032,936; act, *246.0U; Int. and taxes. 8212.613; surplus, 833367. (V.
old road
aollers,
'
Passengers
•2.004.578 •3.020.507
5.1'
5.S18.3**
Freight
785,959
Mall express sad adateUaneooa...
Total earnings
Operating *xp*k*ss
.rnings
PC.M5.45Hf 37.017
•»7,114
•7.943.563
4.508.319
•8,615.020 •12.U79.58H
•3,606.24*
•3.406.I97
U.Y.I
$43w2.995
1--1.
1887.
$4. 1 92.995
Rstloof cxpea.es to earnlsgs
Mf*M
Hat earnings
88.80ft
792,
to ...
Total net Income
l
.
1360.832
3.'
•1.875,470
•2340407
2331.770
3,1 08,174
568348
7
85S392
;
.
;
1
-000
7
7
763.365
84.489375 86.061.232 $6,119,846
-*91.«97 -8B84.103 +»l387.tll
Total disbursements
if.ryear
Lotns Iaoa
88.406.307
•1.HS3.727
Bats of dividend...
Taxes, rmuls, Ac.
loblle Ohio.— (8m Knp.)—Owns rrotn Mobile. Ala., to Colnmbna
Ky.. 472 alios, and extension (by Ken. A Tenn. RR.) to Cairo. 21 iik
L. AC. RR.. Cairo to 8t. Louis, 152 miles, and track to Mill's
miles breach**— Art**!*. Miss, to Columbus Miss., 14 miles;
Artesla. Miss,, to Btarkvllle, Miss.. 11 miles; Muldon. Miss., to Aberdeen,
Miss., 9 mils*: total owned. 527 miles
total operated, 6S8 miles.
In
-85, to* gauge was ebanged lo sUodard, 4 feet Hi* Inches. In
Dec. 1885. the lease of the 8t. Louis * Cairo RR. 161 miles) was token
for itietrs st s rental gtiarsateed to amount t» •K15.0.M} per year.
•ult wasmsdeMay 1.1 471. but ton compinv was reonraulxedt
without fore-iosure. The stock Is •10.OOo.000 sud the csr trust debt
•.-..12.000, payable st Farmer.' Loan A Trust Co.
In Mar, 1888. the new 4 per cent mortgage for •10.5C 0,000. (tuuiteo
Farmers' L. A Trust Co.) was Issued to retire tbe old rlnklng fund
d. bsntores, etc. Until after Sept. 1. l»9l. Interest on the bonds may
be paid la sc lp. fucdsile Into bon s of same issue. 1 hi re oan 1.0 no>
foterlosu.e unter this mortgage till four coupons are In default. Th#
slnslug fund depends on laud sales. See mortgage sbstra. t, V.47. p. 83.
Fiscal year ends June 30; the report for 1886-87 was In V. 45, p.
imsnaSt.
I
$4398*978 •4.767.129 $7.707357
Inter.st ..n on
DHldeodspsl.1.
46. p. 21-.)
A
63 84
lacuna AOCoosT.
Dividends,
J.
J.
2>4
1-7.1
1,500,000
250,000
140.000
1.642.557
1.900,000
2,500,000
:
1888.
1.488
4
1300
lOtbeCuaoatcut, V. 46
have baas as follows
1.037
5
150.1SKI
180300
I—..
.
Mm ning —
M.
:i7.i..i.-.
600,000
1*900
s e fotth>Mo.P*c
the lu. .e. of SL L. A
of all th>
;
Dividend.
«
<XH>
l.ihSl
11-3
-
1,250.000
2,000.000
1
1-17
1*
Whom.
7
l--:t
1*87
k||
on ral-8tock.Sp.c.goar.tllll904.l
Hi!. • operated Dec. 31
100
650
340
sTa*iga<a<«-EU's.l0p.e.rea'1.9U)rs..N.Y.MI.AII
OnuLsnoa*. FixAncaa, AC.—The earnings
and branches. 2.7*6 auksi for. not wlthsten
Iran ML stock and lease oi Mo. Ksn. A Tex.,
roads nave bees kept separate and are so rt
The annual report *t Mo. Paetae lor 1887
The earnings and
p. 367, 378.
CAJUUOS Ago XX
1-7.1
Var-us
100
66
61
"
l.OOO
1,000
1.000
1871
119
70
i
1,000
^i
A O. N.Y..B.Pac.Oo.23 Broad April 1, 1918
J. A J.
do
do
July 1, 1920
Y., Del., Lack AW.
J. A J.
July 2, 1889
MAN.
do
do
Mayl. 1914
do
P. A A.
do
Aug. 1, 1891
do
do
J. A J.
Jan. 1. 1900
A. A O.
do
do
Oct., 1901
do
do
J. A D.
June 1. 1918
do
do
Various
M.AN. Nashua, Co.s Offloe
May 1. 1888
F. A A.
do
do
1893 A 1900
Q.-J. New York A Nashville Oct. 10, 1888
J. A J. N.Y.. Continental N.Bk. July 1, 1918
do
do
J. A J.
Jan. 1, 1901
do
J. A D.
do
June 1, 1891
do
J. A J.
do
Jan. 1. 1317
A J.
do
do
Oct. 1. 1 H7
do
do
Jan. .1906 A 28
A J.
A J.
do
do
Jan. 1, 1928
do
A J.
do
Jan 1892 to"l7
do
A J.
do
July 1. 1917
do
A O.
do
April i. 1»28
A J.
do
do
Jan. 1, 1896
MA R.
do
do
Nov. 1. 1909
J. A D.
Nashville.
June 6, 1888
J. A J. N. Y., 50 Exeh. Place.
July 1, 1900
•5.000.000
7
1,477.000
eg.
15/100,000
3*
5.000.000
7
2.999,000
7
211.O0O
7
4.991.000
7
1.007.000
7
2,795.000
4>»k5
800,000
4*s
300.000 6A5g.
6.668.531
1*4
6.3O0.OOO
7
1.000.000
S
500.000
4
780,000
8
300.000
6
$$1,000 OK. A 8
"TS-'SO
....
d Coins*.— 1st M312..V
50
5O0 to
500 Ac.
1
15
..
jtoleass Jeacsmi
H-
a
Var'us
34
137
fiMw
WathHiU Ckmttmnowmu d BL lowis-Stoek
1878
18*0
* l.ooo
igi
1
« lit on Boouton Br. Ac. (guar. D.LiW.i
Consol. niorl. (for •2S.000.000) guar.
•pee 1*1 real estate bonds
d low ll Block . 9 p. c ren'l, 92 yrs. B. A If.
eBond* ($100,000 aro gold 5s. J.AJ.. 1900)
Sen. n.
1st mort.
1
Value.
Uovwtum A looniiu.-St
Loots to Taxarkana.
branch lines. Mineral Point. Mo., to Potosl, Mo..
Mo., to Belmont. Mo.. ISO miles; Poplar BltuT, Mo..
to Bird's Point. Mo. (tain.). 71 miles; Gordon Ark., to Camden, Ark..
84 aallas: Kaobel to Helena, 14o miles; Newport to Cnsbraan. 40
muss :Nee|yvU>te Doniphan. 20 miles; Allenvllle io Jackson. 16 mites;
as VsCey Dlv. ifornwrlv L Kuak. Miss. K. A T. ivl. 1 13 miles;
iBraoo. ,4n miles; Bald Knob to Wj one. Ark., 45 mil. •; totaL
..1 12 mites.
Dee.31 1—
There w. t. yet out Lee. 31. 1887, •346.384 of old Income hoods of the
aaveral l>««. and 873.000 of the Cairo A Fulton Vd mortgags
Tns M.Trantlle Trust C«>.. of Xsw
New York. Is trust**
trustee of the <
<t. ssortgase.
The stock Is nearly all arid In the treasury' of the
inrl PaciBe Railway Co., having been rettre-l In May, 1881. by the
lof tare* shares of Mo. Pan, •took for four of St. Louis A Iron
tain. The sates of land In Arkansas on which the Cairo A Fulton
have a Ilea are given lo the report for 1887 as 49378 acres
at 88-04 per acre. Lands la Arkansas unsold, Deo. 31, 18t)7, 847,270
asrsa; la Hl-sourt. 108.
seres.
ROOMS
;
.
1881-85.
Total miles operated.
537
Gross earnings
82.101.025
Netlnoom*
AOCOOKT.
1885-86
527
1880-87.
1387-89.
663
688
81.961,323
92.431,381
8324,889
8B47.726
82.629,537
•37,713
87io,303
8483,400
8431.600
9180,3001
ftfsTsnssn'sTa^ataanisTsai F*»
.
i
Little Rock A Fort Smith road
tts stock lo 1887 (4 shaias for 3 of 84.
The
was absorbed by an eicharga
of
on mort. bonds..
Interest on Incomes
R-nt ro C. A Si. L
Int.
I
33,636
Miscellaneous.
Total dlsborsem'ta
Balance
-(V. 45.
p.
p. 83, 188.)
8483.400
863o.236
128.8B3
26,730
$636,393
f
__^-„._
•706,918
J
8706,919
But 812,439 8ur.827.490 Bur. 81.320 Sur. $5,474
614, 840.705; V. 46. p. 289,449, 481, 511. 678, 771 V.47
;
Tfontgomery
Knfanla.- Monlaiiillj
U A I. M.) Bee title of that com- miles. The r<M»d was foreclosed Msy 1, 1879, bought by W. M. Wadley,
pany laBCrTLBatSTofMay, 1888, and preilonsli.
company organised.
Operated under contract by
TasBt. L. A I. M. report for 188. ** published In the Ciiboxicls, aud the present
Cent. RR. of (ieorgt*, and Interest paid by the rental. Stock Is $620,000,
T. 48, p. 880, too. and the Imome ironont was as follows:
all owned by Central RR. of Ueorgia.
WCVMA
M- tip/»Ns earnogs
Ac
to
Eufanla, Ala..
80
AOOOUItT.
1H-.'..
n-.;.
1887.
Tf organ's
Louisiana A Tezaa Railroad
* Steamship Co.—
#3.619.4t6 B3.i43.281 •3,4833*3 (8m Map of ho. Hue. Oo.t— The road owned Is from New Orleans to Cbe>
Other recsspts
44.741
159300
118303 neyville. 984 antes: branches, 55 m.; Ch.ncy vllle to Alexandria (under
track agreement) 24 m.; total, 283 mUes. In Feb.. 1883. the stock wan
Totnl net Incom*
»3,664,157 »3,0O3.*Bl »3.t,0i,e94 sold to the South. Pa* parties, and the South. Pac.Cotupanv
held (Dec. 31.
rHtbuf-mtmrn'.
1887) $4,062,700 out of the whole stock of $5,000,000. This oompa-v'i
lat
on bona*
83.215.304 82.214.131 82358.397 property consisted of seventeen Iron steamship* plying between New
l»xes.brd«' ip.. dlvldoads, Ae..
l,i 92.052
3M(.l4t
397323
York and New Orleans and between tlulf ports, also wharves, waroT..-»;
.3,812.820 83364.2.A •4.O50.449 houses. and terminal facilities, besides the csc'tal stock of raliroad and]
other
companies. Including majority
It fie capital stock of the
>f.r y-ar
+ « 1.05 1.33 1+» 1 ,038308 -84 te ,555 Houston « Texas Centrals Railway Interest
Co.. Ac
Tuere are also $251,-(V. 41. p. 212. 214. 343.888,370, 889.6:1.881. 808: V. 45. p. 240. 716 of old New Orleans Opeiousas A O. W. bonds due 1889, assumed
7«.<. 3- '•
I. 643, 67/. 737; V. 48,p. 353,353,
88T,»T8, by tbls company. In -86 gross earnings were $1.138. .'.25: net. »1, 059,• 11.534,538.871.771 V »7. p 327.)
618. In 1887 cross earnings were $4,642,087: net. $1,378,967. From
loblle * Hlrmlfighans. (*e Man Batl Trnn. Ya. d 0d.>— Jsn. 1 t" July 3'. lH-H (7 nmiithsi. gros« enmingi were $2,773,038.
Ml* to Marlon June. Als.. on the East Term Vs. A On road, about against $2,239,407 In 1887 net. $78»,lw7, against $366,180.
>asltes.eo*ipleted Is Jan. 1888. Lit. nsion projected to Blnnli.gham.
yiorrls d: B as e x.— {Set it pofDtl. I,, d W.>— Owns from Hoboken.N.
E. T. Va. A Us. owns a tnnj. r.ty
_ strastof ssortgags T. 45. p. 274.
to Pnjlllpei.iiig. N. J., 8.) miles; branch. Den vllle, N. J., via Morris At
of the -•• r\ and gusrsniess prlntlpsl and Interest of bonds. (V. 44. p. J.,
Essex
Tunnel, u Hot.ok.-n, N. J., 34 111.; leases Dover to Chester, 10 m s
7".
681.
T. 41
1. T. 43.lt 374
Newark A Bloom. RR., 4 m total operated. 132 mile* In 1868 this road
IMohlle * Isaophia Island RR. A Harbor Co.— From Mobile was leased In perpetuity to the Del. Lack. A W. RR. The lessees assume)
to Daspala Island. Ala, 36 miles. Tills road Is Intended to form an ont- all liabilities of the Mor. A Essex KR. and pay 7 per cent per annum om
at deepwau-r 00 the u.,lr of Mexico for the railroads centering st the capital stock, and they also agreed to par 8 per cent In ease tbo
JJt
Morris A Essex earns 1 per cent on Its stock In any one year after too
as 81300,00V.
Robeit Bewell, N. Y., President.
year 1874. The Morns A Essex Is Important to the Delaware Lackamobile Ac Ulrard.—Owns from Cohnnbus
Mambnii, Oa., to Troy, Ala., 85 wanna A Western aa a route with terminal facilities on New York Harstile*
Conunon stock. •1,187.121
preferre.1 stork, •137,008, and bor, but the actual earnings on the road show a large annual
deficit for
•jn.op-ke...
6.1
•2
stock t 'par. 8100. FraaiJm 1.1-1.:.' road was leased tbe lessee company after the payment of rental. The loss
to lessee wad
fa the Oaatral of Oeergia for
years at a gusxan teed dividend of 1 >i In '80. $1,012,416; In '81, $985390; In '83, 894 1350; In '83.
$1, 104,218,
um
•
I
•
;
^*
;
;
M
INVESTORS' SUPPLEMENT.
81
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MAP OF THE
o
|K4n>,p #,
RD.'
MOBILE & OHIO
RAILROAD
AND
C7
x
^
*iJackson
"\pin»ou
ITS CONNECTIONS.
A
B
/"fJ
^Jfolly Springs
lailcAaleV"
trace
Joseph/
B
[
r i-oap
Tlorence
!7n^t|h«-JS-<C7Ar
v—
7p on toto?
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OjSjflhflto
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Collin , viUtv
3ninerC
"jfi
SBOYoloi
rL^ttillav,^
r ™ ,rl 'J .iAgtHDEEN
Wy\ Grenada
Arkanaakf-v<
JT'llltou
^*^fe^--q
"""»
^/s
V^,
OT ,Y ii..
\, ^
J5
ti/
..!
\0js|ltUl^
^'a-HlnJI| t.c
Muldonffl^/;
^SpriagTHlf
^^nu^
lj!iile,j
/l>tai'l?Aiia
J
^..Stol
'
ran™ rL-^
^
GranaiaSed
fW«),
Hi
Ml.^f"!
/
lene™"
Scuo'bau
/y^
m^SSSSJt/^
I
k&nrna*
pjl
ttonroe.
?SVev C port
~~^-
|o
f"
^Coosa
luscaloo
Jlrooksvllle
«-^Ratttlko *«<»>
if
Ipitvi
c\itoni
' -\l'(oVsburh
Vfr*
l
//-^
m.
fc
If^-iid,
^*^
.,c!»
St.
rSl\alcl«}n
^Oxford
E/
E
\
DBoonv)lle 'SjYfe,,,
PujeBIuf^i^vV
//
1
'
VilttlverrT^.
^.HL .Pleasant
.Wt. Pleasant
.
kATlarenad
S/S
Columbia/
l
,
Hot Surlngg
B-
<*V*McNairjf
we „
A
LITTLE ROC
E
^t
J
c
SornerT
f J^SomerT./
Jemphi
Kti
ST!
N)
,,M
^
>y
Gallatin
° Lebanon
!^ ^f -^
cKenzl'a'jaii'oS—
NASHVILLE
'
sttli'ton
***
I
X
XhobejL
r
—
.
Loclcliait
r
^u. r
Ga.Gu
Ofy
^v
°S8fcM
^
?£o8tab?0 /*
\ n ^/^
.
/
goinerv
n ion Sp's
I(iiJtinan(
/*HDe.Soto r
"tr/
"'•''ieJbu^/v
f Summit
r/Selma
yifMERlDI.
raeli U(fl
!
M A
*\
.
,
/>on
N *4
"Rsijubutj
jAVaj^esrtoro
9%?teI-H
fZ>™'M
/jreenvflle
Evergreen
Cttr0n
Ogden
Chpneyrllle
1
VJ^b(to N^L e
<o\
BfMin. .ntYvT^'^'Ro/
^JmnTntou^
V*
Fa>,rotte
A .A
.JASM.
«
i
i
/"V.
bf a
j
.
Sbptember,
RAILROAD STOCKS AND BONDS.
1888.]
*.?
»on»,riber» will confer a great f»ror by giving Immediate notice 01 any ertur discovered In these Tables.
OKBCRIPTION.
For explanation of column headings, Ac,
on rtr*t paice of table*.
Xnada
we note*
Hart** Drrby-M
Sire. DC
of
Par
Ko
12
15
N.Har.dNortA*»sV -S1,k.guar.99yr».N.Y.N.H.AH
c*
Mortgage bond*
.•ke A W.. leased. l*t M.VJOO.OOO irnar
Co jsc sink, fund •15.000 per yr. not drawn oMorthern Extension
Bonds convertible u>t/i stock
Few Jo-mi JwuHom- 1st M.. guar, by N. Y.Cent.rar
Mew Jermee d .Yew fork— 1st mort. (reoraaaUatuiin
JT. J. Soutkern— l*. mort. (Int. guar, by N.Y.A L.B.i
Long Branch 4 Sea Shore. 1st uiort.. iruar
Asa) London .YorfA'n—Stock
o
3d mortaage..*
0'
Oonsol. mort gage ($300,000 are 4s>
Newport .Vcws d Xumi-ippi Fati««-«tock
Few Orleans d 0W/— 1st oontol murt . gold
Mem Orisons d ftorxAsaalsra- Prior lien mort... c*
50
17
i'ms
1870
27
1
36
78
Ul
1>HI
Ul
d Canada- 1st M.. ster.jroar. Da: H. Can
Few Tark OsnaroJ d Hudeen Seer-Stock
r.
1.000
1.000
•.--c>
500*0.
1,500.000
150
....
(to
be
lnol. In
1--1
and "88 about •900,000.
Haahaa A Lowell.—Owns
from Lowell. Haas., to Nashua, N. H.
1. 1 --u. a lease for 09 years to the Boston A l-owell
1847 lease was transferred to Boston A Maine BR. Co..
which pars a rental of #7 l.ooo (» per cent on sto.-ki The funded debt of
••00,000. principal and Interest. Is assumed by the kisser, and the lessor
holds the leasee's notes for the same amoant-4900,000. (V. 45.
IS
On
miles.
was made.
Ort.
Il
A
St. Louis. -<**• Map o/ Lominitle 4
fenn.. to Hickman, Ky.. 321 miles:
hranrbee— Wartraee, TenB.. to Shelby rllle. Tena., 8 m.: Jasper Br., t >
rnman and Dai, lap, 4i m.: Nashr. to Lebanon. SO ss.: MeMburUIr
Br., SI ul: Pnyettevllle and Hun .viilr Br.,Ma.: Oeatrerille 8r., 46 m.:
Tracy Cttr Branab, .*0 in.: i> i -k KU-er ltd 48 a It >n Air Br ,
total operated Jane 30, 1838. 650 miles.
A majority of the stock (S3^85,000) Is owned by the Loulsrllle A
Haahrule BR. Company and pledged among the eoUaterals for the
trust buw of that eomoany
Of the eonsolldated mortcaae of 1888 iU S. Trust Co.. trasteei.
•10.807,000 bands are reaarroi to rettra all prior bonds, and •1.500.•OOhoods are Issued to atan.ler.1 g .u.-. the Dock Rlr^r Valley RR. and
thaOantreTlliebraneh; the remtJnaer can only be Issued on vote of
the stockholders lor sitae stone, eta.
From Jaly 1. I---, to Ao<. SI, 1888 (3 nios.i. cross earnings were
S634,7t9. against »\31.35l la 1886-7; net. «J28,4I8, sot. •253,72U
Nashville
bsllanooga
<
JfasAt.)—Owns from
iNaiiauuon
.
i
7m:
.
over Interest, taxes and Improvement
The report lor 1887-8 was in V. 47.
i Jane JO
aAJunBua AltD kXramcs.
1885 86.
18848A.
•
•
p.
352
1888-87. 1887-88.
•
•
1
5
Newark
Xewburx
188748
Greenwood Junction. N.
•
now by New York Lake
at*
58.401
45.221
•
•
709.834
268.741
119.410
O., to
RR
:
wan. N. Y.
At
Near York.—Owns from
RR.. at •17,500 per
Vall's Oate Junction to
Leased October 5, 1866, to Erie
ib-iug interest on the bondsi.and operated
Erie
Weetora. Has no stock.
Y., 13 luiles.
annum
A
New Caatle 4k Bearer Valley.—Owns
New
l'i
1
1
Castle,
-!..
Ft.
;
266.741
145.015
720317 1,096,055 1.172,590
740.874
118.814.
113.027
307.990
144334
-C7. 45. p. 1 13. SS*. 340. 38v. 401, 4S«. 530, 873, 820: V. 46, p. 102
p.«l.
353.1
V. 47,
227, 3(3.
S3*. 371. Ml, 850, 771
:
At
-Owns from Newark,
from Homewood, Pa., to
Pa. 15 miles. Rood In opt^ratlou since 1860. Leased to
W. A Chic. KK. for 99 rears at a rental of 40 per cent on groat
•
earnings. Lease transferred to Pennsylvania Company. There is no debt,
780334 (u 1179. 13 per rent, llvldnod* were paid: In 1830, 13 p. o. in 1881. 24
Total disbursements.
Nash villa
,111,-.
.
Newburg
882,373
Strait
A
Dutrltess A Connecticut.—Owns from Dutchess Juno-
1888-87.
rXes nrnw isna)ton debt A taxes
Stock,
V.. to Mm.
59 mile*. The Dutchess A Col.
was sold
Aug. 5. 1876. and this company was organised Jan. 8, 1377, by the purchasing bondholder*. In .id. lltl.m to aliovn Im-oiues. there are $150,000
1st mort. 7«. due in 1907.
year ruling Hup;. 30. 1387, grossearn[n
lngs 1144.726. net. 819.657; surplus over interest. $8,259. In 1888-88,
gross. $143. in
net, $23,276. Tne oommou stock Is •lOO.OOO and preferred .to k •537.4.50; par •50. John 8. Sohultxe, President, Mattoa-
1.321.404
1.321,404
1904
-
1.195,637
1.909,032
A
aosnereet
880351
869.251
•
875.096
1,
O., 41 miles. Road was eo ptetedln 1371. Leased toSandusky
Hsnsf. A Newark for 14 years f
Operated by the Bait,
A Ohio, which pays 30 per cent of gross earnings, and advances any
additional amount neoesaarv to meet the Interest on the debt. Capital
stock, common. •795,400, and preferred, •318.300. In 1833-84 gross
-757: loss to kvsee, •19,802. In 1884earning* were tl635, gioas. »ll*.4iO: dell.it «.">.|i)J: „.*. I- l-»ee, •U.O.il
In 18888rt, grjes. 82l4,i91; net. •35.203
In 1388-87, gross. 8183,010; net,
038.717
948.884
l:)03
Shawnee,
3,091.653
1.770.J49
1.321,404
i-'J3
1903
1.
to Aintln. 91 miles.
Uu
1.774.243
1.578,811
•
!•
l.
1.
:
Newark A
1323.858
1,195.637
13.443
Gr.Centr'l
May
Jan.
Jan.
•apt
Hudson.—Owns from Hertren Junction to Newark.
trie
Western st a rental
N. J., 6 miles. Lnssml to New York
of 817.5O0 per annum, which park Interest on bonds. CortUn.lt Parker, President. Newark. N. J.
2.183.109
•
v v
:
2.240.719
1,304.002
885351
do
dO
llil
New York and London,
713.)
834323 N
•
»S«.717
11.947
J
J.
8.
Nevada Central.— Battle Mountain
Total grossearnlngs....
Total operattac expenses.
racetpu...
do
N.
•750,000. Roa I sold to toivl.i«'ire June 21, 18*7. Beori;anlz«tton
about enmphMe-l. A'kivo bo .1* arc to lis l-sue I la exohang « for $750,OOood Uta. *T. Y. Commllbv. \[.'**r*. D. B Hvcti.ei il In 188" gross
earnings were A70.3 6. uet. 87.2 >4; deHclt under Inter. »t.
17,790.
Oross in 188'i. •57.759 deScit. *2. .24 denclt umler interust. •17,624.
153,874
ksmlsH
'..
ma
153,572
learnlagsT.
do
1920
1915
1897
1935
1904
1888
to Tamenend. Pa, 17 miles; Tunnel Branch, Haute. Pa., to Lanaford'
Pa., 1 mile; total operated. 18 miles. Opened In 1870, and was leased
for 999 years to the Lehigh Coal A Navigation Co. at a lease rental of
•130.000 per annum. In Sept.. 1884. the lease was modified so as to
pay 5 per cent a year only, and the optlou to purchase the stock at
ptr a i<l mtrr.-st
*u<t>en<led for 20 years, with agujtraulee of 5 per
cent per annum on stock.
I express, renu. Aw..
Jfsl
do
London. Baring Bros.
May 1,
NY.. Or. Central Depot. July 16,
J.
A
A
*
I* MA
HI.DOI.iXX)
1394.715 2.10i,956
1885-88.
1,
1,
1.
J.
J.
801.820
1884-85.
Nor.
m."a"n. N. Y. Nat'. Citv Bank.
A. AO. V. Y., Central Trust Co. Nov.
A J. N. Y.. Corblu Bank'g Co Jan.
M.
7
1,429.488
153.8 Jl
taoouE Accotnrr.
April, I,
April,
1.
ij.
849,737
Net earning.
1909
1911
1896
res. 1, 1988
N.Y., Mercantile Tr. Co. Hay 1, 1910
July 15, 1899
N. Y., 119 Liuerty 8t.
Dee. 1. 189»
do
do
July 2, 1888
New London, Office.
July, 1892
N. Y„ B'k of N. America
do
July, 1910
do
do
do
New York Agenoy.
A.
1.435.878
159.104
725.961
.
Bk Apr.1'91 A'98
iteeejaehonlna Valley.—Owns from Neequenonlng Junecion. Pa.
45.
(V.
P.1SJ
do
l.
1,
July
MAA ON.
5g.
6g.
9,733333
UOOOdM
1938
1901
1889
Jane
1977
Jan. 1, 1889
Oct 1, 1888
Aug. I, 1900
Oct 1888
Jan., 1899
2
Sept.,
.v„v.
J.
6.450.000
30.000.000
1.000
1.000
any new moiM.oAr
'84 about •1.100.000: In •*»
2 g
100
500 4c.
'
J
In
:.noo.
a
watarebonds
1*4
7
4*5
878.000
500,0001
845.000
4.000,000
kl00*i
l,i47
.
IN. Y. Central) ext. 10 y'r*. .S3..
__ .-, {
H..J $30,000,000 I --_„,_
atortjrage
{
k2.000.000 j """P " •* *•*•
8
7
387.500
1.112.000
13.612.040
•00,000
do
J.
O. N.Hav„N.Tradeem's
do
O.
do
do
do
O.
A
*
A J.
* A.
M. A N.
J. A J
J. AD.
Q.-J.
J. A D.
J. A J.
•
100
'••»> A.-.
A.
4
usa
A
A
J.
8
'.(WO
1-77
1885
1-71
All.
7
3.001 ',000
1.000
—u
c
50c.
"*"j. N.Y.,OffleeN.Y.L.EAW
A.
A.
600
SOOdte.
1.000
too
l.ooo
1.000
Newcastle, Penn.
Q.-J.
Various N. Haven. Mech. Bank.
New Haven.
A. A O.
J.
P.
l-7:i
U
S
N. Y.
K. A W. RR.
N. K. Y., Union Trust Co.
J.
6*7
i
doe.
Dividend.
2<s
.V
A
When
Ji.iy
7
a
5
400.000
1.590,600
Whom.
«'"
700.000
700.0DO
1,000
1
1878
1880
14|
Premium bond.
H. Y. C.
—
1-s,;
1--.;
pal,
and by Stocks- Last
nere i'uyabie,
M.
M.
7
1400
1-7'.)
.
jr.
»<l A.
100
1.000
1.000
1670
.
JT.r.Br.M>Uynd Vaa.Beaea- S. Y.A M B. 1st kf..o*,
N.Y.B.Aw'B.. l«t«m»ol. M. gold.guar l.y L.I C
$£0,000
1.1C4.500
350.000
700.000
225,000
2,460.000
1,300.000
\V
'ay.oie
5
7
350300
l.obb
13
147
morUntk'
"»-„,.„
Cent
9750,000
•1,000
1,000
500 Ac.
«ortoi— Pnn
Ml DIVIDENDS.
INTERE.-T
Amoa.it
Outstanding Bate per
Value.
ill.
94
a
Central -1st mort.. Income (sinking fundi..
«
d //od»o»- 1st mortgage
Somen* d Wraitrr.. O.-lst mortgage.
remark
Wmeark
Mtrburg Duiekeu d OoniueHeut— Income bend*
Bem kwrg* jr**» Tar*— 1st mortgage
jr«w Oaatte d JtMMr raUey-Stook
JTeie
Miles
Deealur. -iMt Map UmitrUU* ArosAeUicl-Owos
miles.
Tbe road was
tram NashvlLs. Tana., to Decatur. Ala., 122
n. r .;lnl8«2.
in
14
n. e.; In
1886 and 148 7, 6
aaivau. »..i t
( V. 46, p
699.)
—
1333. J9p.
p.o.
••:
In 1384. 19 p. e.; In 1835, 10 p. c;
Oross earnlnc* In 1887.825H.003; rental re-<i, $207,214; rental
received. **2.855.
New Haven A Derby.—Owns from New Haven, Conn., to Ansnms,
n.inn
sTuarsntee
eanuags
to
In 1887 the rotd
in progress.
Interest of
the Housstonle RK. si B itiford
soul to W. H. Starbuek lu tne
was
Now York * New Kng an the purchaser as*uiuiiig the
of New Haven Citv t'i the 2d mortgage liondholilors. Groat
I.
•161.H75.
n*o ,, viai,Hf,"ii
18387,
ner, vo/.u^&;
net,
surplus over iniereet
$67,931; nurpiu*
Interest anu
and
gross. $162,673; net, $84,903. (V. 45. p. 84.)
Mar 4. 1871, to the Loukrr. A hsshv. RR for 30 years from taxes7v31 "
1873. at a rental of 6 per cent per annum on the stock. The
essoin » all the debt of the Nashville A Decatur Co. 8 nklug
New Hnven At Northampton.—Operated from New Haven,
and L. A .V. uon :
Jane SO, 1887, held •112.000
irne Kails, Mass.. 100 mile*; branches— Northampton to
M.<rosa earnings, •989,t«8: net, •399.870 Ut.. taxes ami .llviConn., to Now Hart for. I. Conn., 14
•lla.181: ear.. SH4.018. In year ending Jane 30, 1887, gross mile* South Deerneld to Turner'* Kail*. 10 miles; to Tariffvlue, Ooun.,
•1.2J».fl33: net, •549.196; surplus over interest, taxes 1 utile: leased— llolroke A Weattleld Kit.. 11 miles; total, 147 miles.
ii
•sat guar dividends. •203,029.
In April, 1831. a controlling Interest in the stock was sold to hew York
New Ifsven A Hartford parties, and In lun.>, 1887, the road was leased
Nashville Florence At Sheflnsld.-Own* from Columbia. Tenn., for
99 years to the N. y N 1. A II. at 1 per cant on stock till 1890
In
with
braahoat
mile*.
To
be
eperated
con
cbes.
70
to Fioteoee. Ala.,
then
2 p -r rent till 1^)3; thee 3 percent till April, 1393, nnd tpir cent
sotlss witii Loul<viile A Nasn. OtBoo Columbia, Tcnn,
afterward. In 1886-7, grosa IniNuue. $325,23J: net, $121,982; deficit
under
Interest, $115,974. (V. 45, p. 13.)
to
Oonlorsvllle,
A
Knox
vllle,—
Own*
from
Lebanon
Naabvllle
SO mile- in oi« ration; sud un ler eoistruction to Glen Allee on < "In Bo.
•ey Ju
Ji notion. —Terminal road through Jersey City, HoNew
Jer*ey
iwitnm.
Trust
BK
Trustee of
Mercantile
Co.
...«. n bM Ifi en wkeu,
a
oonnectiug the trunk lines terminating at thoea
Of New York. \. („ (Yswford, »sw Cse'
—-.',, to
.,',. 1886,
..» .no
the ...
pout*. Leased for 100 yean* irv.u
from ...in'
June 30.
N. Y \A.UW
which
n.nupauy
isoy g.iarantee* the iMtnil* ah*olutely and
II.
R.
RR
<>).,
from
A
<'olambas.-Owns
Jaeksoa
*
completer]
road
Hatches
NsuhM. Miss to Jsoksou. Hiss.. 100 miles. Stock. •I.0J8.350: par 850 own* the stock (*1IX),.).)<I| of the company. The mortgage 1* for
The sieve aew 8 per cent snort, at 812,500 Bar mile will retire all prior -l.'Mhl.O,*).
Bens sod pmvMe for future requirement*. In 1887 gross earning* were
York.—Own* from Erie Junction. N. J., to
New Jersey A New
ilSJfll'.; o»t over expenses snd tatea, SoS33ft. Barnlngs for 1888.
8tony 1 ut. tf Y., 31 mile*; Naniiet to Now City, 5 miles; leases
grans, «1«43*«: net. *45.Wt. N. T. Oflkie. 52 HlUUm Street.
i;.iri.er\ II
mile: total opeiate-l, 37 miles,
rhe unw.nl oom-.
ranlutlon after
In April, 1330.
Jsngataeh.-Owns from Naogatock Junction to Hlnsted, Conn., pany was
Mv. Jles; U nit a. Watertown A waterbury RR. 4>a miles: tot.
$1.1 lo, 8. K) ooinuron; $787,800 preferreiL Control
erred stock and nr.i mort.- ucn n.m.1* till 8 per c
saai«dmnsa,»mfle.nf rt Y. N. R A II. being used net ween Naiua of ro ».l I*
dividenils li.ive ueeu paid on pr-derreil stock for three years. Than* i
task Jnnetloa and Bridreport. Lsased for 99 rears from April 1. -i
mortgage 5 iieroent bonil* d in Jan. 1. 1936. Groat
also .$56,1)00 •«
tart T » H.A
fa ye.r ending Seit .<
s4 W»i.O0O per year
•arniiiKsin 11-6. f H.'i.tOo; expenaos.«IJJ,753; aetearnings, $15,404;
ween •73\93»Tnet, ri46,d«t.
la 1885-80.
i
•d
in
I,
'
1,
NAD
;
Will
,
ii
1
-
).
•
,
»
.
'
,
H
I
,
I
V. L. lary, Prealdent,
.
—
.
,
SUPPLEMENT.
INVESTORS'
66
:
.
[Vol.
XLVIL
Subscribers will confer a great favor by g-lvlug Immediate notice of any error discovered In these Tables.
Bondt— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
When Dae.
Miles Date Slsce, or
Amount Rate per When Where Payable, and by pal,
Stock*— Last
Par
notes
of
of
see
headings,
Ac,
column
For explanation of
Outstanding
on
first
page of
Road. Bonds Value.
tables.
—
513
40
156
132
214
200
200
M.Y.Ckictt St. Louis— 1st mort.. gold, sink fund..c*
JT. r. & Greenwood Lake,— 1st A 2d M., income
M.t.d Harlem—Com. and pref. stock, 8 p. c.N. Y.C..
Oonsol. mort., ooup. or reg
Jf. r. .Lwsfcaiwmna c» Western.—Stock, guar., 5 p.ot.
o*
1st mortgage
Lack.* West
2d mort., guar, by Del.
T.Lake Erie it WetL—Stock, common
JT.
Preferred stook
mortgage (extended In 1867 to 1897)
2d mortgage, gold (extended In 1879)
3d mort,, gold (extended 40 years at 4»» p. ct)
«th mort., gold, (extended In 1880 at 5 per cent)
5th M., extended In 1888 at 4 p. c, gold
ixmg Dock
Bonds
mortgage
A W.
110
o*
funded coupon bonds.
do
do
W.Y. L. E.
do
do
do
..
Co., old
mort., g., ($7,500,000) red. at
do
1st consolidated mortgage, gold, $ A £
reorg. 1st lien bonds, gold
c*
2dconsol. mort., gold
c*
1872
1880
1883
$1,000 .$20,000,000
2,700,000
100 Ac.
50 10,000,000
12,000,000
1,000
100 10,0<H),000
12,000.000
1,000
5,000.000
1,000
100
100
1.678
1,678
1st
Buffalo Branch
1887
1875
...
Income bonds. (non-cum.)
fund. ooup. bds (redeem, at 105 A Int.)
Collateral Tr. bonds, gold, red'ble at 110
Car trust bonds (only $000,000 are 6s)
H. Y. Car., trust, '88. series A. (guar, by D. A H.)
sT. T. <tL'a Hranch— 1st m. red. aft. '99 at 1 10, guar.
JT. r. i« Maitachuselli— let mort (for $2,750,000)
....
....
38
1888
1882
1,000
1,000
1,000
1,000
500 Ac
100 Ac.
1,000
l,o00
1,000
500 Ac.
1,000
500 Ac.
300 &c.
1,000
1,000
1876
J.
A
A
A
Ma
7
N.
O.
6
5
J.
F.
A
A
Y
,
Union
Tr. Co.
paid.
None
A.
J. N.Y., Or.
Central Depot.
do
N.
do
N. Y. by D. L.
Q.-J.
1*4
8,149,400
2,482.000
2,149,000
4,618,000
2,926,000
709,500
182,600
3.000,000
4,500.000
16.890,000
3,705,977
2,500,000
33,597,400
508,008
4,009,380
4,273.000
5.5M2.090
"e"
7
5 g-
do
do
J.
A.
A W.
do
do
1,500,000
100
19,719,000
N.Y., 19 Cortlandt St.
Yearly.
A N.
do
M.
M.
do
A S.
do
do
do
do
4»sg. M.A S.
do
do
5 g. A. A O.
do
do
4g. J. A D.
do
do
7
J. A J.
do
do
7
J. A D.
do
do
A. A O.
?* M.A 8. New York and Ijondan.
r
do
do
7 g. M. A S.
do
do
£«• M.A N,
do
do
e J. A D.
Last paid Dec. 1883.
t
J. A D
J. A D
of M.A N. New York A London.
-
6
A5
445,000
1,000
Oct. 1.
1937
Nov. 30, 1908
July 2,1888
May, 1900
Oct., 1888
Jan.
1,
1,
Aug.
1921
1923
5
5g
Jan. 15, 1884
May
1897
1919
1923
1920
Oot.
June
1928
July
1891
June, 1893
Oct. 1, 1935
Sept. 1, 1920
Sept. 1, 1920
Deo. 1, 1908
Deo. 1, 1969
Juue 1, 1977
Dec. 1, 1969
Nov. 1, 1922
Mar.
1,
1,
1,
1.
1888-1892
$03,000 y'rly
J.
A
D.
M.
A
A
N. Bost'n Of„244Ped'al8t. Nov.
J. Bos., 8afe Dep. A T'st Co. Jan.,
N. Y., 119 Liberty St.
1,
Sept. 1,
Dec, 1931
(1)
471
321
A.
F.
4
Dividend.
77,36:1,500
....
.
jr.r. <* A'. England— Stock ($20,000,000 auth'rized)
Preferred stock, 7 per cent cumulative
0*
1st mortgage ($0,000,000 are 7s)
1847
1879
1853
1857
1858
1861
1863
1885
1870
1878
1878
1878
1878
1885
1882
Whom.
Payable
Cent.
100
1,^50,'iOO
1,000
10,000,000
3>a
6
A7
J.
1,
1,
1888
1905
dividend of 27 per cent was distributed on the New York
New Jersey Southern.—Tbe road extends from Pott Monmouth, further
In Nov.,
to Atco, 70 miles, with branch from Eatontowu to Pt Mon- Central stook and 85 per cent on the Hudson River stock.
mouth, 9 miles. The property was sold in foreclosure March 31, 1879 (see 1879. 250,000 shares ($25,000,0001 were sold to a syndicate of bankers
of
120,
and
100.000
shares
by
Vauderbilt
at
the
price
sold
Mr. W. H.
Chronicle, V- 28, p. 352), and the present company was organized July
S5, 1879. The capital stock is $1,590,600 pref. and $1,000,000 com., all afterwards. In Dec, 1885, a lease of the West Shore Railway was
per
and
the
bonds
of
$50,000,000
at
4
cent
guaranowned by Cent. KR of N. J. The property is subject to a bonded debt taken for 475 j ears
of $1,590,600. of which all but $412,800 is owned by the Ceu'. RR. or teed, by N. Y. C. A Hud., and $10,000,000 West Shore stock taken as
N. J., and $200,000 on the Long Branch A Sea Shore Railroad. The consideration. Dividends of 8 per cent per annum haa been paid
N. J. Sou. bonds have interest guaranteed by the New York A Long since 1868, but in 1885 only 3% per cent was paid, and ln 1836 and
1887, 4. Prices of stock since 1878 have been: 1878, In 103^3115 lu
Branch Railroad by endorsement of the bonds, and the Central of N. J
agreed to assume those bonds. The road is operated as a part of the 1879, 1128139; in 1»80, 122*15538; in 1881, 130149155; in 1882,
Cross in 1886, $481,908; deilcit, $36,32i. 12358®138; ln 1883. Ill >aa 129% in 1884, 83>s3122: In 1885, 81%9
Central N.J. system.
107i4;in 1886. 9«34<jill7%, in 1»87, lOl^aKiOs; in 1688, to Sept. 21,
Gross in 1887, *540.402: ner, $ii,9l7.
New London Northern.—Owns from New London, Conn., to inclusive, 102 1aali0.
operations, Finances. Ac. The New York Central A Hudson
121 miles, of which 100 miles leased to J. G. Smith and
Brattleboro, V
others. This road has been operated since Deo. 1, 1871, under lease to River RR has an exceptionally rich local traffic, but the prorlts also
the Central Vermont Railroad the lease was for 20 years at $150,000 depend very much upon harmony among the trunk lines
For the quarter and nine months ending June 30 official returns were
per year, and $15,000 for each additional $100,000 of earnings over
510,000 per year. In year ending Sept. 30, 1887, gross earnings were as follows
189,216; rental andinterest received, $241,441; pail
•609,852: net,
Nine Months.
Quarter.
n
Interest, Ac, $9^,697; dii Mcn.i it>i 4 percent), $93,750; surplus, $48,995.
Bandy Hook,
;
i
—
.,
;
>
soulli along th
the road is lrom New Or. cans
Mississippi River to Buheml , with a branch, making
68 1* miles In .11 completed in 1887. The bouas were offered in London,
ov., 1 886, by Messrs. Satterthwait A Co. Capital slock authorized,
•300,000; Issued, $240,700. (V. 45, p. 64:1.)
New Orleaus A Northeastern. -Line of road from New Orleans,
St ook is $5,000,000.
La., to Meriidan, Miss., 196 miles.
This road belongs to the so-called " Erlanger System," and $4,.>20,i -00 of the stock
and $4,900,OOii of the $5,000,000 first mortgage bonds are held by the
Ala. K. 0. A Texas Pacinc Junction Co. There are also car trusts, payable at Fanners' Loan A Trust Co. In 1887 gross earnings w, re
•711,782; nei.$13=v 39; clettolt under all oharges. $2j5.21-i. G oss
earnings in 1886, $661,236; net, $105,611; denou under interest, Ac,
•246,785. (Bee titleof A. a. N. O. A T. Pac. June, in the Supplement.)
Newport News A miss. Valley.—This company was formed
under the laws of Connecticut to lease and operate all the Huntingtou
lines between Newport News, Va and Memphis, Tenn. On Jan. 1., lo88,
the company owned $5,579,600 Cues. Ohio A Southwestern common,
and $3,442,( 00 preferred stock, $l,055,5cO Elizabethtown Lexington A
J t Sandy KR. stock, $3,000,000 Ches. A Ohio common, and $427,191
linstock and $1,704,500 Ches. A Ohio bonds of 1918. Company
Katesthe three roads mentioned, aggregating 1,040 miles, the former
for 50 years and the latter two for 250 years, agreeing to pay fixed
charges so far as net earnings suffice, any surplus up to 6 per eent to
be divided to lessor companies, and the excess retained by the lessee.
Offices of Co., No. 23 Broad st. aud New Haven, Conn. (V. 4% p. 211.)
New York Brooklyn A Manhattan Beach.— From Fresh
Fond Junction to Manhattan Beach, and branches to Bay Ridge and
Greenpol it. 20 mile-. This was a oonsoliuation Aug. 27, 1b85, of the N
Y. Bay Ridge A Jamaica RR., the N. Y. A Manhattan B. Railway Co
and the L. I. City A Man. B. RR. Co. The railroads are leased for 99
years from 1885 to the Long Island RR- Co. at 35 per cent of gross
earnings, but the renial guaranteed to be at least $95,980 lu each yearlet consol. bonds at e endorsed by L. I. BR. on application. The stock
Is 9350,000 Com. and $650,000 pref. (par $100) and 5 per cent
Biannual Is paid on the latter semi-annually A. A O. byL. 1. RR. Co i In
{earendiuv Sept. 30. 't>7, rental received was $lo2,500; deilcit under
Merest, dividend (5 per cent) and miscellaneous expenses, $1,104.— (V.
,
46,
p.
3A3.I
New York A Canada.-Owns from Whitehall, N. Y., to Rouse's
Point, N. Y., 113 miles; branches: Ticonderoga, N. Y., to Baldwin,
X. Y.,4 miles; Plattsburg, N. Y., to Ausable, N. Y., 20 miles; West
Chazy to Province line, 13 miles; total operated, 150 miles. The road
Is leased and virtually owned by the Delaware A Hudson
Canal Company, which guarantees the bonds. The stock is $4,000,000 par $100
0fl
e i " ,"J 8 were $828,970: net, $282,877; surplus over
int'
S-8
r
.
LF
•47,081.
;
'
I
!?,
(V. 45, p. 180, 614, 856; V. 46, p. 2.8, 610;
A Hudson. -I. ink
SNew 0IYorklyCentral
°^Ulfa N Y -,*» a milc8
V. 47, p. 140.)
of Road.—Owns from
"ranches on New York
',Z u P,
08 u " c8: Vto tal owned 75 ° mUe8 Une8 leasedFSL21 m.?%.?
^ branobes, ""'•»• <"»»
22
miles;
froy A Oreenbush,
*
vi
!,
i°
•3 m^, Niagara Bridge A Canandaigua, 99 in
Spuyteu Duvvil A Port
1
Y
aricm
"'•; N--L June, ImTLak^e Mi hopac" 7
",
2..
•Su^tSt
b
n, " e
(fr " u,i total, 1,447 miles.
The second track
i«
;L '"^^
uio
e UWd
2
le8; t i rd traok 32 ° n>»<«: (ounh track,
.
e
!r"
r,
JWtniles; turnouts,
775 mUes-making
a total of
miles of track
•wned by the company, and 1,297 miles leased, 2,426
3,723 miles in all
VaL * P KR 104 miie*' b ^oned sepi
7
s^lT'rnc wlVsl!"- J*
r
R way was lea8eu ln Dets- 18 «3. fur 475 years.
^Sn^MWATm..
J?. -rins
r,
Organization, &c.
company was formed by a ccrsolidntion
n,
aml
e Hu(l8on Rlver railroads Ocobei
1« 9 The Net v
«t 8 «-veral roads
t
'
1
i
J
:
-
\"
:
.
.'i
21^w^
SEmiC„,
:
-
™
;
,
1
'
*
f
^ A
LaT^JX^lrL^^o^^V^^^
eapiiai
and on
sun*
oi lie Hew York Central was
made in Di inhur tana
the consolidation with the Hudson River
roml (Nov i?186 9fa
1888.
Grossearn'gs..$8,4r9,»37
Op. expenses. 5,*0 ,360
(6h-54%)
Ex. to earns.
Net jarnings $2,66i,476
First charges
1,954.860
1887.
$8,616,374
5,357,910
(62-04%)
$3,278,463
1,957,200
Prolt
Dividend
(1)
.
.
.
.
.
,
New Orlea.s A Gulf.—The line of
$709,616
894.283
(1)
$1,321,263
894,283
1887-8.
$26,642,858
«18.0. 7,-99
(67-85%>
$8,561,959
5,864.580
( 3)
$2,700,379
2,682,849
1886-7.
$25,746,981
16,325,558
_ (63-40%)
$9,421,428
5,871,600
$3,549,826
2,682.849
(3 )
Balance., del. $184,666
sur.$426,980
sur.$17,530 sur.*80.i,977
•Includes about $1,800,000 expended on renewals, additions, better-
ments, Ac.
^Quar. end. March 31.-^ —October 1 to March 31.
Annual report for 1886-7 in Chronicle, V. 45, p. 854.
Year
Net Income, Diviending Passenger Freight (ton)
Gross
over exp., dends,
—
Receipts, int. A rents, p. o. Surplus
Mileage.
1883.429,385,561 2,200,896,780 $33,770,722 $7,327,156 8 $179,024
1884.387,829,886 1,970,087,115 28.148,667 4,668,759 8 *2,490,885
1885.438,397.774 2.U7.824.205 24,429,441 2,176.342 3^2 *953,651
1886.476,128.729 2,414,266,463 30.506.302 4,650.100 4 1,072,968
188 7 .528,308.742 2,704,732,176 35,297,055 5,147,509 4 1,570,377
* Deficit.
In 1881-5 total deficit was $2,295,072.
—V. 45. p 5, 26. 211, 456, 472, 696. 703, 792, 840, 854;V. 46, p. 38,
Sep. 30. Mileage.
172, 200, 352, 610, s03; V. 47, p. 21, 81, 170.)
A
New
York Chicago St. Louis Roll* oad.— Owns from Buffalo,
N. Y., to Illinois citato Line, 513 miles leases In Buffalo l*s miles; Illinois State Line to Chicago, 9 miles ; total, 523 miles.
The loi'incr littilwatj Co. was formed ln 1881 and became known as
the "Nickel Plate." 8ale in foreclosure took place May 19, 1887, and
the present company was formed in September, 1887. The first pref.
stock is for $ >,uoo.o00. aud has a 5 per oeut preference, non-cumulative and the preferred stock for $11,000,000 has next preference for
5 per cent, non- cumulative. The oommon stock is $14.000. OoO.
A
sinking fund of $100,1,00 per year is provided when the net earnings are
$90i>,000 or upwards, if bonds can be bought at or below 102 it not,
the sinking fund lapses for that year, thus leaving $100,000 more for
dividends. Lake Shore A Mich. Southern owns $6,i4n,000 common
1st pi-el. stook. See abstract of
$6,275,000 2d pref. and $2,503.0i
mortgage (Central Trust Company of New York, trustee), V. 45, p. 541.
Large expend tures are beiuir mtde from earnings for renewals, Ac.
and charged lo ope atlng expenses. From Oct. 1. 87. to June 30,88
months), gross earnings were $3,927,669, against $3,409,336 In
1886-7 ; net earnings. $948, 126. against $1,083,875.
For the year ending Dec. i 1, 18-i7, the reports to the New York State
Commissioners (V. 46, p. 200) showtd:
1887.
1886.
Gross earnings
$4,792,352
$3,826,t08
2.552.192
Operating expenses
3,508,388
Neteartitngs
$1.274,4i6
.$1,283,964
Rentals, taxes, Ao
'441,631
*405.0b9
Surplus
$8a8,333
$869,347
* Includes $200,000 interest on bonds ln 1887, but none in 1886.
D. W. Caldw- 11. President.
(V. 45, p. 53, 203. 24o, 272, 292, 401, 425, 541, 642, 643, 673, 676;
V. 46, p. 200, 480, 573, 650.1
;
;
t'.i
—
A
New York Greenwood Lake.—Owns from Jersey City, N. J.,
Greenwood Lake, 43 miles branches — Ringwood Junction to
Ringwood, 2 miles; North Newark to Orange, N. J., 8 miles total, 58
miles. This was the Montolair Railroad, opened in 1874. It was sold
and reorganizea as Montelair A Greenwood Lake, and again sold
October 12, 1878, and the present company organized. The New Y'ork
Lake Erie A West, purchased a controlling mici-esi in the property and
now operate it. The holders of the 2d mort. of $1 .300,000 have a right
to pay off the 1st mort. bonds of $900,000 at 105, and thus gain conto
;
;
trol of
the property.
The stook
is
$22b'169; net, $8,239; pnjments,
$100,000.
$17.8'.-5.
Gross earnings in 1386,
S. Hewitt, Prest.
Abram
1
I
SKFTBMB?B
2
RAILROAD STOCKS AND BONDS.
1888.]
87
Subscriber* will confer a sreat tavor by giving Immediate notice of any error discovered In these Tablea.
DESCRIPTION.
MUM
1>:1V
of
Of
Par
on
MM
321
1682
1889
$1,000
mort.. gold
123
12
12
54
page of table*.
first
(34.0O2.0O0are0*CAr
Y.dltatSna.— (Oar.)—
Hotel and debt* for terminal property...
Terminal bonde for $1.950.000
Mat Tork Nnr Htnrn *• HoW/ord-Stock
r
Mortgage bond*, (for f5.000.00 >»
Harlem A Portrheeter, l«t mortgage guar. ...ear
2d M., coup, or reg.. guar
do
do
JT.
JT.
T at .VorfArra- In'
e
51
417
320
432
432
432
432
2d mortgage, incomes, f
3d mortgage. Income*, $
|tl
UU
$ A A c*
1895.)
AA
Aa
e*
c*
Equip, true' bonds, a. f . 3 p. c. cum. (dr'u at 100)
Deferred Int. warrant*, eonv. Into 1st M. bonds
Hew (astle A Bh-nango Valley,
r. Pkila.
22
112
m
4
"82
50
l.t
t.r.*^
Idooom bonda. non-cumulative
r
JT r.AusyiMA.sf Westera-lst M.. f.. Mid. of N. J....C
Peterson Extacuuoo
1 st mortgage on
^refunding, gold (2d M.on 7i ml'lea>..e
Mew 2d M. ( $l,OOO40fX gold). 3d X. on 72 mile*..
if. r. rexAJfar.-lst M..g..$orA.gu. by So Pace*
)<a«0uiuutd—Stk.6trcnt..N.Y.Ceat.
4 Co
Wimgarn Brvlat
c-i.l
Korfolk &>a«Aern-lst mortgage, g.
3d Mortgage, Income me* oninalatlve)
85.000,000
1,386,532
1.000
2,000.000
I.O00.000
1.200.000
3.-00.000
1110
58,133482
1,000
»,4V>.000
8.000.000
41 303400
14,500.000
30.000,000
1.000
LOW
1884
1880
1880
1880
1880
1888
500*0,
500 AM
.'.HI A-.'.
500*0,
100
5.000400
2>o
1.000.000
owO.000
1.000.000
1.000.000
3.500,000
250,000
8.750.000
7
4
1
l.'MMl
I.OOO
l.ooo
75
75
l-ii)
1.000
1.000.000
BH
Y.,
Weotera.— (Ae» Mod of
A.
M.
J*
r
J.
2 s
I
5 g.
T.
-
J.
1.442.500
1.000,000
A.
A.
900.000
1917
1923
1933
1888
Jan., 1899
do
do
do
April 1. 1901
do
NT. Treasurer's Offloe. Beit. 1, 1927
No Interest paid.
8 pt. 1. 1927
NY.. Nat. Park Bank April 1, 1910
N.Y.Offlce, 15Cotl»r.dt June I, 1910
N. Y.. Nat. Park Bank. Jan. 1, 1937
N.Y.Onloe, ISCortlandt Feb. 1, 1937
N.T.,So.Pac.O[>.:L nul'ii Apr. 1, 1912
N. V7, Cent. RR. Offloe. Oct. 1, 1888
Int. fund, till Sept., '89 Sept. 1, 1930
Jan. 1, 1970
RR
A
A
A
J.
O.
8.
a,'*"o.
500
100
i
Now York Lackawanna
WttL)~ Prom Kingaawtua M
7.
l.IMM)
the hor»c raiin.tidi waa leased April t. 1«?M. tor
401 years, to the N.Y. Central A Hudson River RR. at 8 (M>r cent dlrlldand* on the stock and the interest no the bonds. The pief! stock Is $1.$81400. balance common. The Fourth are. hors* railroad was retalned.and extra dividend* are paid out of Its receipts annually In April.
AH operations are Included n S. Y. Central A llu.lson. V. 47, p 50.)
Pi
A Tr. March
i"j. N. Y., Farmers' L. A Tr. Juiv 1,
Olflce. Jan. 1,
A J. Phils.. Penn.
do
do
Oct. 1.
Cj-^Feb. N. Y., Central Trust Co. Aug. 10,
I*
F.
leilinaj
N. Y. Farmers' L.
J.
686.000
Ac Harlem.—Owns from New York City to Chatham.
127 miles. From Chatham to Albany. 34 miles; the Boat. A Alb.
This c imoscr owns the Fourth Avenue street railroad.
NY.. Office 18 Eroh.
ft
j.
J.
l.'MMj
1.IMMI
1887
1887
B.
M
I:
Lf$J
13*
134
vl
KM)
A
J;
A
do
do
3*
5
i*
1880
N. Y., Cliem.
Sept, 1, 1914
1, 1895
N.Y ,Farra.L.AT.ALon.; July 1, 1908
May 1, 1910
do
do
M. AN
M ,v H
do
do
May. 1915
London.
May, 1.1908
M. AN.
830,000
1,848,«00
1,000,000
"73
1903
Hnven.Co.'s
A D.
AO.
M.
Tt
7
1,000
new York
V.
JUL U used.
The property
A.
1
ISan
1.0O0
1.000
500 Ac.
1,
Feb.7, 1889-83
Offloe.
Oct. 2, 1888
Nat Bank. June 1, 1903
do
Oct., 1903
do
Jane 1, 1911
J. AD.
Oct. 1, 1927
A. A O. N. T.. Offloe, 6 Wall st
1st coup, due June, '92 Deo. 1, 1927
J.
4
$1 IMI0
1*-1
1--7
New
Bopki-— Prlnol
pal, W ben Due
Slockt— Last
Dirldenu.
Aug.
Boston.
Boston
A.
Q.-J.
2>o
4
1 •.-;)
12
16
A
Various
6A7
xiUMMiO
£100
F.
4 A5
LOOUrMO
1.IMH)
1887
1887
3to5A6
15,500,000
L.OOOAa
H-l
-
t
'
84488.780
let M.. Int. guar
.Vor/oUr— 1st mort.. g.. $16,500 p.
per mile.
rumulatlre.
$10,000
non
Income mort..
8. T. Pro*. A Boston—<8tonlngton>—Stock
<'
First mortgage
JT.
Amount
100
c
Sdmort.. gold. (Income till Dec. 1891)
*sw Tor* Ontario at Wast-Stock: ($12,000 Is pref.)
let M.. gold, for $4,000,000 (redeemable at 1 10)
c*
JTtw Tart Pout. J OAio— Prior uenwrold.
let mort.. gold (no foreclosure
f*TKRE8T OR DIVIDENDS.
-tzc, or
Where Payable, and by
per' When
Outstanding Rate
Payable!
Whom.
Cent.
Bnaa Bend*. Value.
r explanation of column headings. Ac, see note*
A D.
A J.
A A.
AO.
A O.
I i
i
Yearly.
COMl-AhATIVB STATEMKST OF fkOFIT AKO LOO*,
1884-83.
OrnUUJSandnge-Maln Une
Working erpsasm
A
brs.
Not earning*
Pavonla
ferric* - earnings.
Interest on securities
Other credit Items..
1885-80.
1883-80.
1886-87.
$
$
18.934.573
14,347.517
22.^00,048
22.500,048
1C.3S8.C38
16,388.638
4.587,050
380,088
455.431
300.083
0111,410
6,810.683
292.521
424.829
229,100
27-437
401408
$
24,210458
17.390,678
Lot*.
266,623
Buffalo and International Bridge and
at
Total eredtu.,
5.589.748
7,057,889
7.760.343
bian.be*. 2 14 mile*, built under the auspice* of Del Lack. A Western.
Total del, ItaV.
7,158,544
7,948408
84B1
Opened Oct., 1882. and leased to Del Lark. A West, for 99 years, with
a guaranty of the l«nds and S per cent yearl eon tbe .to.-k. The latter
face
of
the
rertl«^»tes
and signed by the D
dr. 1,376,943
sur. 14411
sur. 601,799
Balanco
guaranty awmieastnasa*
for ad ranee* $1 . 109.951
Sept. 30. '87. owed
* Allowing for full Interest on 2d eonaol. bonds, whether paid or not.
era.— Una or Boad.- Jersey City,
Y
(Y. 45, p.26.143, 211,213.800. 437.723,740,743; V 46. p. 228, 371,
traacaoo Pswmont. 18 miles: New- 338,000, 5»J. 771; V. 47. p. JT-.i
».J..to
bare. 19 urn: Buffalo. 00 miles: trie International KB.. 5 mUes:
Now/ York Ac Long Hraneh. -This company was formed In 1881
Batherford to Bidgewond. 10 mile* losawd-Mon lsssojory A Brie Kk
f consolliaton of several rua la ettendlng from Perth Ainboy to
10 mile*; Oosben A DecfcerUrsm, 12 mile*; Newburg A New York.
88 mile*. It !• oiwraieil Jointly by CnuL N. J. and P,-nn.
V
11
smile*
Hawwy I Honeodale. 34 Ktt»., 1.at ml.
,
18 mile*; Peterson Newark. A N.
a guar, reo'l of tli l.ixxi |ier aiinuin. The Cent, KR.of New JerffersoaRB., 37 mile*; Huff. Brad A Plttabwrg aod ex
sey
owns
all
of the stock, and under tun reorganisation 31,500,000 le
miles:
sss
i
B
aaan Bridge * Brie Jnactloa.
mile*: Buff N. Y. A Brie. 140
Valley, 1$ oxSoofXV
Iron (Jen. A Mount held a* ne. iintj for the new mortgage. The bonds are redeemable after
8$ miles; Boeheattr A O in
-'.
one
i.
'.i 1 in. and are guaranteed irndoreod). prln-ipal and InterJ
mile*;
15
Ixekport
Msnk, iftoillm isl tnil ITntT rnl k
est, by Cent New Jersey.
In 1887 gross earning* were $u52,03.>; net,
...He., OM
sjsjsjsjsjanil
Wissrk .* II...
* Buff.. 10 mile*: Buff. A Southw . 68 nulesu
- (V. 46 p.
$06,570.
172. 255.)
exile*;
Northern
of N. J.. 23 tulle*;
$ MO**; Weehawken N.Y. * ft. Lee, 4
>e\» \,,rk A naaaaekaaetta.—Owns from Poughkeepole to
BOd-Oetown A Crawford. 11 mile*; H. Y. Penn. A Ohio and brarjehe*. 573
oruets, 40 mile*, and proleoted to Chlcopea, Mas*.
otto
1'lils road
Bens total operated, 1 478 ratio*.
On May 1, 1883. began to operate the New York Penney It aula A Ohio embrace* the former Pjugukeepde llariford A Boeton. forefllosed in
18H3.
lb* Chicago A AtlaoUc road was 1886, and Is to be aiieuicd as a oouneotlon for the Poaghkaepela
nder " Ira**-. *ad on May 14.
from Marlon. Ohio (on the New York Pennsylvania A Ohio), to Brtd.e. The bonds hare nut yet been Issued. Stock autlioriied,
308 mile*, and under control of H Y. 1 j»ke Erie A Went, gave a $2,500,000: par. $100; Issued, $1,011400. Q. P. Peltoo, Prealdent,
line from New York to Chicago; but In 1885, owing to duwen
York At
Fngland.-The mileage owned Is as folOwAAHXATtoa. Laaan*. Ac— The New York A Erie RR. wee chartered lows: Boston to Hopewell Junction. 215 miles; Wloopee to Newburg, 8
April 34, 1832, and the Stale of Hew York loaned the company $3,000.- mile* ; Providence to WUUmaotlc, 39 mile* ; branches— Newton, Mass.,
to Woonsockot, R. I., 28 miles; East Thompson, Conn., to Soutb000; the road we* opened to Dunkirk April 22. 1151. The c
»—
of Erie Railway Co. June 33, (86
17 mile*; East Hart lord to Bpnugtluld,
waa reorganised un
miles; other
sold In for ecl os ure under the second eonaol
i, 12 mile*; total o *ued, 361
This Erie Railway
miles. Leased— Franklin to
Tb* present company wa*
to RookvUle, 4 miles; B. A A. RK., 1
In 1878.
.. 14 miles; Veruon
June 1.1878. The Long Dock Co. ha* stock of eXOO.OOO. all mile; Norwich A Worcester RR., 07 miles; total leased, 86 miles; also
a* running arrangements over 24 mile* more. Total, 471 miles. Conby the H. Y. I. K, A W.; It* property coaatMs of lands and ludi
water, ebont 577 acrra, with star* building*. Ac The N. Y. L. B. trols Norwich A N. Y. Steamer line.
* W. Cool A RR. ( o la an auxiliary corporation from which advance* The former Boston Hartford A Brie Railroad became Insolvent and wae
sn eoood ed by this oompany , fu
73.
of A3.03P.3Ke are duo. a* per balance sheet of Boot, $0. 1887.
In 1 878-79 the company
— warren look ha* a prior tight to per cent acquired
the Hartford Prov. A PlshklU RR. Trustees of 1st mort. are
i net proou.
"a* declared by the board of dl- Boston Safe Deposit A Trust Co.: of jd mort.. W. T. Hart, K. 0. Fits, and
tmt the IT. 8. Supreme Court bold In 1888 that this atock ha* F. J. Klugsherrr. Irrmlnal bonds to fund tbe terminal lndebtednoat
rectors,- bat
though net earnings are somclent.
were auihurlxed In Dec, 1887. Stock Is reserved for *288,oOO conno legal right to claii
June. 1878, have boo*
bee i a*
as fo
follows: vertible Bo.t, Hart. A Erie Berdell bonds.
no* Juno,
Prices ul com. and pref stock since
in 1879. 21»ea4B: In 18SO, 30a51>«; In 1881
On January 1, I8t4. Mr. C. P. Clark, the President, was appointed tae
Own.— In 1878. 7«e»32t*: la
43\;lnl8e)3.2«^»4<>Vln 1881. ll>e<
0*28 *« reeerrer. and so remained till Jaa. 1, 1*86. when the road was returned
88HOS2-',; In 1883, 88** A43\:
»«?V la if 1. 22srf3i»* In D87. 24 • •>*»•*: In II--- to to lie owner*. Fur the car trust bonds 2d inortg. bonils were Issued,
In 187M. 21<*03H; in 1879. 37 *s bearing 3 per cent to Feb. 1»90, 5 per oent to Feb 1892 aud 6 tor balBept. '.I.lneiualve. 33>*A30'*. Pref.
In 1*82. o7os8<«:in
f.'-fti la 1881,80>t»Mi«
rui.
a.-I*..
Ranee In common stock price* since 1882 has been: In 1883, 17"*»
1883. 72 #83: la l-«4.20»7l; 1* 1880. 18*57: In 1888. 5ti>o*81>s; In
33l«i In DMA, 8*17>i: In 1885. l-J>*».t»V In 1)486. 30>*a68<fe; la
1$«7. 5U»76: la 1881 to Sept- 21. Inclusive. 52>«oa:>4,
11*4 e6bt in lass to Sept. 21. Inclusive. JUaotO"*.
The let eoasoL funded coupon bonde are secured by lien of cnnsollOn the seeoo-t consolidated i^jrtgage (Farmers' Loan
7, to June 3<). 1888 (9 months), gr.«n earnings war*
oaa take p" tee tOl six sucoisslve
..-t $*.H03,5tl4llllM»6-7: net,$l. l5.Mt.lt «g<t.$l,21<l.881.
A Trust Co.. traetee). no i.
Annual report for year ending Sept. 30, 1887, In V. 45. p. 704.
Ooupoas are la default, bat aU ot oaa coupon mart be paid before
aart of a sohso^ewit eoupon Is paid. In 1 <*3 the collateral trust bonilda
Ac, for four year* tasat were
(the J. S. Tniat Co. trustee; ooc V. 38. p. 5o9). and
i«. oaa Acootm.
able at 1 lO *a throe mooUa' ootler. The 2d consoL 'andedcouiain uomU
1883-84.
1884-83.
1883-80.
1880-87.
Jhksetpls—
of 1888 werel*»ued to mod three past due oooponsand lbecoui><>u of
$
$
8
and too t inipias are doposl l ed m» security. Tiiese Ik>ih1s are iro-u. e.liilng».
3,337,901 84884*8
8.803.994 4,217,917
le at say Ume at luft and accrued interest.
Din l^.ug Dock Vet camliura
396,276
987.231
1,243.389
1,233,603
*i.<mh> lielng reserved to
fur $74oo.uuu waslasued la
t, for
,i..7.i8
Other BMoJjpsji
23.4 73
83.411
HI 'romland
ills are peial>!> >
meet the.
fnim l»nd »*li a.
1.010.7OI
Total Income
428.1 1
1478,800 1,29^471
The incoioe sccouut foi several years
jOra
Ursa*
a*rnose, Fiaascee.
DtsOursemrMts$
$
$
•bowed a considerable surplus over fixed cbarre*. bin n.
paid
130.132
88408
$8488
BawS n IT largely, and there'<''.wa* a drOelt below Intoreat. and three Rentais
933.221
916,273
904,629
901,077
on the 2d consoLbonds, were passed. Interest on "nnda*. ..
i.June. un, t" June.
•ajjpaaa,.
28,769
10,113
94,208
-7, to July 31, 'Ha (10 tune.), gnas earn's wer.- e'^2.39H.- lot. on floating debt,
Ir
I.
!l,.-.i)7
82,104
32,041
8448
488, jr'st $2 1 .7 1 e.MO In 1 - 86-7 net. $7,7 j7.2»>o. against $7.72.^.854 ; lut-oiicar Irs sumls.
13.1.000
135,975
Bat, after Pert at lag proportions our load* uperatod ou a r—
percentage 7 percent dividend..
-»
travl- . rft B ff .1 tt * npi'—
Tot'ldisb'ments.
l.o. 17,397
1,124,163
1,267,010 1.172,431
Tb* anauai report lor roar ending Sept. 30, 1887, was published In Balance
def 669.275 def. 113,459 tnr. ll,160sur,127,140
tae uaauaicLa, V. 43, p. 740. The earning* include all the leased Una*
•Includ. InL on cost of Boston Term, lands and/uut inUrtst on bond*.
1884-3.
1885-6.
1886-7.
-(V. 45. p. 614.673, 704, 768, HW; V. 46, p. 171. 820, 338, 099; V.
$
34,756 008
BvfJ&fBJ
2«.5<J74"*9 47. p. 31,81. 318.)
1. «>-.
2.3^7.501
"lew York
Haven A Hartford.—Owns from Harlem Jnno'.- "
i*.:i:m,57i
24.21U.35e N Y.,tiiripriiigfleld,Maaa.. 1 23 miles: branches to New Britain. Middleand
Miirtleld,
town
miles, leaaon— Harlem A Portcbeatcr RK., 12 mile* i
18
144*7416
:ll.,5l mile*; Boston A New York Air Une and branch, 54
4, :.* ;.».<!
1.4U8
«,81W.tM3
Stamford A New Canaan Road, 8 miles-total operated, 200
til L-.7-,
ee-2005
This wa* a consolidation July 24, 1872, of the New York A New
Ac
fsjl.
M
D.Lsf.
ROW
—
:
.
z
• \
;
1
1
H
.
i
<
.
New
New
»»
n
i
I
'i
dor
IBjoit,
.
;
-
i
.
I
AC—
Jam
:
f>»«Mj
M2
New
:
o
description*.
oolmiin headings, Ar., see not#s
page of tables.
ot
in first
A
i
S54
5 '^4
428
127
6X3
533
115
in., cold. ($8.00'>,000 author'd)
gd (red'ble after '94 at UOi.c*
Vullev Olv.. gold. $17.Oi'0p. in .<—
Ext.
Adjustment
M
inort..
lincli
M
May ,'9
100
Equip. b'ds.10 20s s.f. 3%.drn
OartniHi
c*
Oonv'ble debentures (reil'ble on 30 days' notice).
o
Nortulk A Petersburg— 2d inort
South rtide— 1st pref. con. M.{ext. In S5-'88-'-<0>.o
aft.
81
133
133
133
214
214
223
223
223
guar. Petersb'rg.c
do
o
do
Virginia A Tcnn.— Enlarged mlextend'din '84). .c
4th mortgage
do
do
2d
3d
%
111 li'01 Rich.
Jy"<x.Corn/in«— Stock, eoii'.. 6
Rich.
Pref. stoek-6 p o. rental lilt 1901.
i
A
1).
AD
Mortirace bonds
garth I'tiritic Coast— 1st and 2d M. (1st M.sink. fd )
1st inort. Nor h Pacific coast Extension Oo
guar. t>90jrs„ Poll. A Read
Jfo. rtf„ - stock,
76
"88
56
8%
£a mortgage
General mortgage bonds
Komi- secured by $1,200,000 stock
JF.,ri/',ew, n. (K C.I— Htoek
1st mortgage, provide! for by oon-ol mort
2d mortgage pr ivitted for b\ consol in 'it
1881
1884
$1,000
1881
1882
1883
1884
1887
1888
1.000
1.000
1.000
1.000
1,000
1,000
•250,000
345.000
7,000,000
22,0o0.000
6.912,000
300
100
100
Var's
,
do
do
SUPPLEMENT.
[Vol.
XLVII.
pal, When
Amount Rate per When Where Payable,
Par
of
of
and by
Road Bonds Value. Outstanding;
Cent.
Payable
Whom.
Korfnlk Sntilkmi~(0nn.)—2AnioTt, debenture.. .e
Funded int bonds ($270 000 secured by coup's)o
Hon 'ill, <t Wettf a.— Common stock
Preferred (6 |H*r cent) stock
o*
General mortgage, cold (for $11,000,000)
Int M .gold, "ii New Rlv.div
Iiiipmv
.
)
favm by giving Immediate notice of any error discovered In these Tables.
Homis — Prinoi
INTEREST OR 1)1 VIDKNDS.
Miles Date Size, or
ftatnerlbers will confer a great
For exicuiation
.
1
INVESTORS'
88
1*1
.
67'68
1881
1883
1,000,000
3,000,000
1,000,000
210,000
1,090.000
150.000
4,74 J',9 ">0
1.500,000
4,500,000
1,200,000
1881
r
140
102
102
o
<
Consul, mort., cold (tor $1,836,000)
.in'. guar. (Sfi.300.0OO), cold
North, it, (Cal.)-Ux
Ban Pablo v Tulare- Isi iiW.7AO.00OI. s. ffl. 1 p o
M
140
47
50
500
500
1869
1869
1883
1877
1*78
l,0i»0
l.OOO
'
I.O23.000
cos
1««9 Oct. 1, 1921
1920 A 1921
.1
900,000
820,000
322.000
69t.0u0
4,464,000
1,000
New Haven
>,300
452.800
98S.0O0
50
500 Ae
Oct..
Oct. 25. 1888
•
100
100
600
till
A N. N.Y.Cont. Tr. Co.APhll May 1, 1931
A O.
do
do
April 1, 1932
2*6 g.
A A.
do
do
Feb. 1, 1934
do
7«. Q— M.
do
Deo. 1, 1924
do
do
6 g. M. A 8.
June 1, 1957
6g. J. A D. New York snd Phlla-lel. June 1. 1908
.VThtliU N.Y.C.nt. Tr, Co. A Phil.
Various.
"e
J. A J.
Phlladelplila Offloe.
Jan. 15, 1894
8
J. & J. N. Y.Cen Tr.Co A Phil. July I, 1893
5, 6A8 J. A J.
do
1889 to 19O0
do
5 A6 J. A J.
do
do
18-9 to 1900
6
J. A J.
do
do
Jan I. -96 1900
5
J. & J.
do
do
June 30, 1900
do
8
J. A J.
do
Men. 1, 1900
A 8.
Burlington, N. C.
8
Sept. 1, 1888
do
8
M. A S.
do
Sept. 1, 1888
do
M. A N.
do
8
Nov., 1888
M. A N.
San Francisco.
Nov. 1, 1901
£* J.
A J
do
do
Jan. 2. 1889
8
I
Q.-F. Phila.',f.,240Sj. 3d St. An,'. 25, 1888
M. A N
do
do
7
May l, 1896
7
I.
do
A J.
do
Jan 1, 1903
do
M. A 8.
do
6
Sept. 1, 1005
3
Charleston, Ottloe.
J. A J.
July 1, H88
do
(I
8
M. A 8.
Sept. 1, 1899
do
M. A a
do
Sept. 1, 1899
8
6*. J. A j W. Y.. John PatonACo. Jan. 1, 1933
eg. I. A j. N.Y.,80 Pae.Co.,23Br'd Jan. 1, 1907
do
do
« g A. A O.
April 1, 1908
1,100,000
1,327,407
525,000
496.000
503,000
39
O. Int. fund,
Yearly N.Y., Mercantile Tr. Co.
A.
F.
1,500.0.10
2.5(10.00
1,000
1,000
A
Dividend.
M.
4,100.000
100 Ac
100 Ac
A.
S>8 to 6
2.000.1.'00
'560
1,000
1,000
1884
1868
1868
1868
1861
1854
186a
6
Due.
Stocks— Last
minimum rental be ng Interest on onds, an! paybeing ginn-aniO' d n.i N. Y. L. K. A W.
1-H7 to
r h 31, 18s8 (9 iuouth-1. gross earnings were
In .inly, 18-7, the Now $l,ii32.637, against HI. 11.417 In 1886-7; net. $l."o5,649, aga nst
Haven
and
the
the
New
NorthampUin
surplus
over
ail
the
Fangntnck,
A
$986,487;
charges,
ii
$140.55 •, against '189,464,
n
('mm
Earnings lor year ending Sept. 30, I816, $6,161,107; net, 112,01 1,522;
H; rtford « < onin ctli nt V11I c\ vine leased f<>r 99 years.
7
were
1-88.9
uiim,
gm»s
earnings
June
rental
X.
$-'.001,
188
10
30.
to
Y.
P.
&
O..
.01;
sirpltuot' N. Y.P AO. after all paySO
From Sept.
•7,C6 B .34a, against $5.5.«>6,B24; net $2 2 4.19'i, against $1,922,876; ments. *9,s76. In 188-t 8". gross, $4,365,127; net, $2,155,126; lental
.1
52,089.
against
it",3o9,9i6.
N.
Y
to
P
A
over
fixed
charges
O.,
*2.036.841:
niplus
surplns of N. Y. P A O. after all pay$
nienis. »5,370. (>. 45, p. 84,143, 211,614, 673; V. 46, p. 201, 320,480;
Fiscal j ear ends Sept. 3o. Report for 18 -6-=7 was in V.45.P.790.
1883-84.
1884-8J.
18»5 86.
l-t-6 87.
V. 47, p. S --.)
$
*
New York Philadelphia
Norfolk,—Operates from Delmar,
7,890.209 Del., to Cai>e Charles, Va., 95 ni.les, and King's Creek, Md., to CrlsHeld,
7. 0O 1.948
6,88 ",259
6,8 16.824
Total gross earn'gs..
4,7 5.-,
5 4:<4,?88 17 miles; total. 1 12 miles. Successor of the Peninsula RR. Co. of Va,
Oper.cxpn A taxes. 4.('5*» Q44 4.1 9,288
2,-L(i.l .6
i-.4dj.u21 Jan
I, 1884, purchtiS'-d the Eastern Shore (Mdi RR
2,232,215
2,446,536
Delmar to CrieNet can nigs
tield, 38 miles.
Capital stock, #1,714,375; liar, $100. In six months
Dish" '»?>* cuts
42",P68
442.876
452,028 end iig June 30, l^i-, ltoss earnings wete$3i2.(it»o. ngain->i$ 66,736
422 992
R. mil s p. id
250.000 In 18s7; net. $79,292. against $17,728. Cross earnings iu 1887,
V6O.O11O
250.O'
2M)Q52
Intel es on debt
7O2,0^o $ 03.156; net. $'3,007. A. J. Cassatt, Pres., Philadelphia. (V. 46,
67a,oA
67d,6(>8
(92,876
Total
p. 228; V. 47. p, 170 )
2,13:1,250
1.770.868
1,763.893
Borp'u1.559,171
1.5"0.000
1 550.O0O
550.000
New York Providence dc Boston. Owns from Providence. R.
Dividends p ml, 10 p.c 1.5:i0,0 00
2O3.803 I„ toOroton, Conn., 62 miles; Warwick RR., 10 miles; Pontiac branch,
220,f-68
5»3,250
9,171
Balance
4ifl miles; operates also fawtuxet branch roads. 5^ miles; total oper21-.)
4r.,
V.
p. 280, 650; V. 47, p.
—(V. 4... p 68, 84, 240, 673, 78
ated, 82 miles
In Ma
1888. took a 1 ase of the Pi-ovld nee A WorcesNfu- York
Northern. -Owns from 155th Street and 8th ter Railroad for s-9 j ears at 10 per cent per annum 011 tlio stock.
Aw inc. Mew Tor* Cit\ (connecting with Metropolitan Elevated), to Owns a 11 iiioray interest in the Providencti A °ioniu*ton
Brewsti is, N. Y.. and branch, 54 miles; also doul le rack Iranch from Steamship Line, whioh has a capital of $1,400,000. In Feb, 1888,
Van ( oitlm dtto Youkets, 4 mil s: total, 58 miles. The torin r N. Y. $1,000,001' nrw stoes was issued t> provide means for bridging the
in loirclesure Auc. 17, '87, and this eonipinv Thames. In year ending rtept, 30, 1887, gross earnings were $1,276,
City A No 1h re was
waso giiiiizid wlih common Block of $3.0 0,000 and pre!. 5 pir oenl 798; net, $408,358; add S3, divld -nds, $120,735. Iu 1885-86, gross,
stock of *6.000,000. Trustee of 1st mortg. Is teLtral Trust Co.; of 2d $1,237,120; net, $376,073. -(V. 45, p. 819. 320; V. 46, p. 134, 5.3.)
mo. tc., Farmei s' Loan A Trust Co.
New York Rockaway Beach.—Owns from Glendale Junction
For Mar ending -ept. 30, 18»7, gross earnings were $561,145, acainst
$52J,3M iu 1886; net, $84,994, against $111,676; d. -licit under all to Rockaway Bench. lo% miles; leases trackage— Glendale Junction to
oharces. $1 42,( 52 id 1886-7. (V. 45, p. 135. 172, 240, 272, 512, 643, 820, Long Island City, 6"« miles; Fresh Pondto Bustiwick, 2>« miles; Woodhaven to Brooklyn, 6>s miles; total operated, 26 1* miles. The stock is
866; V. 16, p. 449,828.
$1,000,000. Contr. 1 ed by L. I. RR. Co., whose endoisement is pr nted
New York Ontario
Western,—Owns from Oswego, N. Y., on first o orti age bonds. Foreclosure sale of the N. Y. Woodhaven A
te Cornwall, N. Y., 273 miles; branches to New Berlin, 22 miles; Rockaway road was made in June, 1887, and this compan m gauized.
to Delhi, I7nilles: to Ellenv111e,8 miles; total owned, 3
miles; leases - (V. 43, p. 13, 341 V. 45, p. 572, 856).
Randallsville to Utica, 32 miles, nt>d Clinton to Rome, 12 miles. By conYork Susquehanna &, Western.— Jersey City, N. J., to
tract has right over West Shnre RR. from Cornwall to Weehawken. 53
miles iij payment of track ice; total operated, 417 miles. In May, 1886, Gra» el Place, Pcnn., lol miles; Two Bridges, N. J„ to Unionyille.N. Y.,
made an screeiuent with the D. A H. Canal Co. for operation of the D. C. A 21 miles; other branches, 12 miles; leased— Unlonvllle, N. Y\, to Middletown, N. Y. ,14m.; Penn. RR. trackage, 3m.; small branches, 6m.; total,
Bine, null the Rome A Clin, roads for 30 years on a percentage basis.
This was the New York A Oswego Midland. Mam line was opened 157 miles.
The New Jersey Midland was sold in foreclosure Feb. 21, 1830, and
July. 1871. Default was made in 1873. The main line was sold in foreclosure Nov. 14, 1879.
Present company orcanized January 22. 1880. the Midland 01 New Jersey was organized. The New York Susquehanna
*4.r00,0'
A
IVesters was a consolidation in June, 1881, of the Midlandof New
Of the
of fi j»r cent first mortgage bonds $2,000,000 were
used to retire the pref. stock. An lmp„rtaiit agreement wituNewYo.k Jersey and other railroads. Stock common Is $13,000,000; preferred
(cumulative 6 per cent), $8,000,000; par, $100. The New Jersey MidCentral < Hudson was made in 1888. (V. 46, p. 75.)
From Oct 1 1887. to.Iuly 31,1888 (10mos.i,grossearn8.were$l,328,- land junior securities were exchangeable into stock of this company
on certain terms, and the exchanges up to Jan. 1, 1888, left $1,442,940
240. aialnst $1,145,650 in 1888-8"; not, $!63,Oo6. against *144,4i 7.
In the year ending Sept. 30, 18*6. gross earnings were $1,492,851; of the old stock, income bonds ana scrip not yet exchanged.
In Dee., 1886, new 5 per ct. bonds were offered foi the first mort.
net, $221,999. In ls86-87 gross, $1,480,564; net, $245,609; surplus
bonds and coupon scrip, and the exchange was generally accepted by
over lnteicst, Ac, $72,816. See annual report in V. 45, p. 818.
bend
holders, thoughsome few held out.
-(V.45 p.. 6, 113. 240. 272,437, 673, 792, 818; V. 46, p. 75, 255,
Annual nport for 1887 was in V. 46, p. 198, 256. Income account
610, 678; V. 47, p. 188.)
has been as follows:
New York Pennsylvania
Ohio.— Owns from Salamanca'
188c\
1884.
1885.
1887.
H. Y., to Dayton, O., 888 miles; branches— to Oil City, 34 miles'
Reteiplt—
$
$
$
$
other branches, 9 miles; total owned, 431 miles.
Leased lines— Total gross earnings
1,034,208 1,092,353 1,129,441 1,395,186
Cleve.A Malum. Val. RR., 81 in.; Nlles A New Lisbon RR., 36 m
New
earnings
457,286
Net
416,521
474,836
597.592
Castle ,v Shenango Valley, New Casile 10 Clev. A Million. Val. RR. and
44,023
27,159
brt.nches, 22 miles; other small branohes, 27 in.; total operated, 597 Olherincome
nilli-ji.
Changed to standard gauge June. 1880. Formerly Atlantic &
Total net Income
416,521
474,835
601,309
624,751
Oreat Western Railway 80M July 1, 1871, and leased to Erie on Mav
Disbursement*
1.18/4. but lease not carried ont. Again sold Jan. 6, 1880. and re•322.095
•327,765
411,000
443,661
organized by a London committee of stock and bond holders, (8ee Interest
25,000
25,' 00
2.1,500
Rentals
26,496
V. 30. p. 1481, and acatn leased to Erie.
83,192
92,352
155,919
Five trustees exercise the voting power of the new stock until the third Car t. ust obligations . .
mort. bondholders receive 7 per cent interest in cash during three
years,
519,192
439,447
513,184
47(,158
Total disbursements.
tirst innrtcage bonds bear 7 per cent,
whatever iiortion of this that
may not be earned to be payable in deferred warrants,
df.102,671 but. 35,388 df. Il,875sur.l54,596
to be capitalized Balance
to bonds of tlu, KBint-class; payment of Interest to become
absolute nol
' Half Interest only paid on N. Y. Sue A W. firsts and debentures.
later than July 1, 1895, and until July 1, 1895, the richt
to foreclose
the mnrtgagr Is suspended. On the second and third mortgages
- (V. 45, p. 143, 211, 000; V. 46, p. 134, 198, 266.)
there
t
" lu P an >: °„ to foreclose. Stock le- pref. «1 0.000.000? c.n
*-<"i'no.o V
York Texas it Mexican. Line projected from Rosenberg
Junction, Texas, to Brownsville, 350 miles. Completed Rosenberg to
Victoria, 92 miles. Slock, $643,040. There are also $75,500 6s yet
outstanding. In September, lt"8i, sold to So. Devel. Co. and is operren la l8 32
<~ ent
" , aU K™ NR earning* ated by the 80. Paoilte Co., which guarantees the 4 per cent bonds.
Sp t r 0X007, Hnd
'i
J by ,
noT ««»«>
1-10P2
of 1 per cent on each $100,
ifo t Jr,,^^S i„
,OVe ^-OP 00" llutil the gross earning, are From Jan. 1 to July Ml, In 18fc8 (7 months), gross earn'gs were $62,448,
»2%fH^mlTi?,S
against $12,063 in 1887; detlc.it, $37,746, against surplus of $-,449.
tllen .?i
33 " ''*"" eeDt of;
earnings. But If 32 per cem
,
if
iiiJ
7
~
In 1886 gro s. earnings were $158,858; net, $9,006. In 1887 gross,
»' tfcaarpsa earnings
„™.
,
d v,v.
ever
be
less
» specified
...^i
H „rt mininium
,„i,TiT.'
ve r b®
K should
UV.VBO
l6
88 than
uiiin a
HTMII'll
Illlllllli
1 *i\r IlKK »„ ».-."_
sum $170,526; net $22,107. (V. 45, p. 438.)
!i *J »j
iVi°. . i -?
.,
,
Of $1,7
I>,llcl yea,lj t,lon tno aencit
•• l <> '"' »'«de »r
_> without
r,^t ,,; of .1.
lntere,
"'•'l""'""".'- subsequent year. Out of the rem
iital paid.
Niagara Bridge A: Caiiandalgua.—Owns from Canandalgna to
the v V 1. IV
P
" i " t reat "n* rentals, and $3.(1 .740 car
Suspension Bridge, N. Y., and branch, 100 miles. The road is leased in
trusts
ts"
-oe'v. 45, p"*2 1 l \Vt 4
perpetuity to the New York Central A Hudson at $60,000 per annum,
The New Cusue" A Shenango Valley Is leased in
perpetnlty for 32 ier with right of lessee to commute by payment of a gross sum of $1,000,000
Haven and the Hartford A
theN. Y A Hsr. RR. from
railroads. The company uses
Williaiiisiirulge into N. Y. City and pays acompany lenses the Harlem River A Port
The
larce rent therefor.
ehestei Hal oad. and guarantees the bonds.
ccn'
|
ment of
r in
1
i
'•
earnings,
1
Oct
tal
1
M
1,
,
&
.
.
;
—
,
—
1
.
'
.
&
,
1
MM
&
A
1
;
New
&
•
—
me
New
;
S
,
E2
,
M
.
11
11
,
r.
-
'
'
•
September,
:
:
.
RAILROAD STOCKS AND BONDS.
1888. J
89
Sabsrrtber* will confer a great favor by giving lensaeeUate notice of any error discovered In these Tables.
Bond*— PrlnolINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date
Due.
Amount Rate per When Where Parable, and by pal.Whun
of
of
Par
Slorki— Last
Foi explanation of column headings. Ac, see note*
o
r-'.n
lint:
Centt.
Road Bond* V.ii if.
Parable
Whom.
on ant page of tables.
Dividend.
3100
SO
83
rmtMtrn. *. H. -Stock
Mi
KartAern Central-Si-*-*
1st mortgage. State (Maryland) loan
7i mi r» :**Consolidated mortgage, gold
OonaoU.lsled tnortgage. gold
Osms. fees. M.,g.. • f., d'wn at 100. Cor
o*
138
138
|i*l..e
138
13-
gold.sCAD
e
do
<•
do
eats
2d gen. M.. "A." (sinking Td 930.O00 after "97K>'
edo
do
Union RR..isl(BasMi 8117,000 end.br Bolt C.ty.0*
c
do
2d mortgage 'assumed) 9 or 8
.»w«an-M»r.V»«-/rr»fy-3lM (for 8700,000)
r
gamut* PaoAr— Pref.
*toek(8 p. e.. not coral
Obusnon at.»k
1st X. and Id gr.. Missouri Dtv.. dr-n. at par..c**r
.p. n*Or. Dlv.. dr*nat par e'Ar
iilH»..««#r
Oen
!.l Br .r.. 923.000 |. .... ...Ir
18744
1-7.: 7
l—.->
9
.tlioaft.
-
I<
• tuA
1
6t
30
morls-age, fold
M.. cold. roar., il ......
« M., ».. ra»r., -.f
Mountain. 1st M..«d.. <ua-
Manitoba,
I
at
BalenaBooi.Val.ABn'
a
<••
:io
PhlHpahurg. 1st M., gd., *u.. s. f c*
Helena* Northern. l«t M .. gold, guar., a f
c*
1 •; mort
issoula A Bit tcr it. V
«.. iraar.. afo*
.'•.
I>niiiunon
M
Mo
Pa*.
.
f
A
I
La Moure
.-
l"-<
IS86
50O An
J.
J.
A.
900.000
600.000
505.000
8
J.
J.
J.
I*
J.
2.579.OO0
6
6
ro.000300
eg.
lo.689.noo
USSi
I
!-<.;
1.000
1.000
1887
6.
1
eg.
t"
.o»X)
1.IMH)
400.000
It
1.000
5 18.000
IHW
5
250.1 NX)
6
1
l.O.
5
5
I
l.iVsi
Norfolk. Name
)
--3. Owns from Norfolk. Vs.. to Edeuton. N. '.. 75
Capital
.OOO.itOO:
I.
ho:<l
miles.
stock. 61
rar. $10
The
-r* of l.t mort
.
aad debeatnre bonds fan
funded their Interest for Bve years. Sept. si.
win.
ii
dales the
18S4. to March and AprU. 1689, re-pec
faded Interest bonds bear >» per eroi iDlerest, parable yearly; sfu-r
per
semi
OnaM
In
cent
annually.
earnings
1887, lurludiug
that 6
stsasaooat..
677,333: anrnlus over all payments, 613,
Oroes In 1866. 6210.200-. net. #60.<
Norfolk
Western.-' >e« Mas J-Owns from Norfolk. Vs.. to PV
mile..
tanoorg. Vs.. 61 m
, to Bristol. 304 allies: hrmnohea— Psterab'gto Cltr Point.
'
to Sallvlll*. Va.. IO n.
ax'an
7» miles: hratiahta to mines. 22 aulas Cnpi
tal operstatl Dr.
h Valley l.toBstoo. 1 15 miles: braaonee to m'ne. 1ii
.' Baa
Mississippi A Ohio RK. Co.
> AOaafls
Norfolk Soothers.— Forasorty the EUwIwtb (It v A
M.
A
A
ML
A
l
i
:
ss
was
Il
A Western.
Phil. 213 8. 4
AnnaixWH.
J.
Baltimore A Philad«l.
Baltimore, Treas. Offloe
do
O.
A
J
J.
J.
N.
A
N. Y.
1.
1888
1900
1900
1900
1, 1904
1, 1904
April 1, 1925
Jan. 1. 1926
Jan. 1. 1926
Jan. 1, 1895
May 1, 1900
July 1. If 17
Jan: 15. 1883
April
July
July
July
Julv
London
Baltimore.
J.
J. Baltimore, Treas. Offloe
O.
iv
July 16, 1888
Irredeemable.
at.
O.
do
do
do
Baltimore.
NY., London A Balt're
Hudson Co. B'h
J. J. City,
A
A. A
J. A
J. A
J. A
M A
M. .*
J. A
J A
J.
8.
Y.
I,
1,
1,
g.
g.
J.
J.
J.
1919
1.
Jan. 1, 1931
Dee. 1. 1933
J. in. 1.
1.
.Sept. 1,
1,
1937
1907
Jan.
Julv
J
do
do
do
do
do
do
do
MAA
J.
Sept.
Mar
M.
g.
g.
May T,' 1919
Mills Building,
do
do
do
do
do
do
do
do
do
do
do
do
H.Y.. LandASec Inv.Co
A
A
A
.*
do
do
do
do
do
do
do
f
1.
l'J36
Villi
1936
1936
June 1. r» <7
March 1, 1937
May
1.
1,
1,
1,
I.
June
Jane
June,
June
1987
1987
1937
1937
1937
.
p*
i
Northern
.Calirornlai.-<>wnaWe«tOsJtlaii'lt.. M:irilnex.31 iiillea;
ll.iil.-U to ,8.uaun. 17 miles; WkhIuuiiI to Tehn
miles. Th • San Pablo A Tulare KR.— Martlnes to Tracy City. 47 miles,
leased bv t Ma road. Is operate I by So. Pa
Jaa. 1. 1907. at a rental of 640,000 per month and guar, of principal
and interest of bauds he Northern; and San Pablo A T. leased tlU 1908
for 813.800 per month and guar, of princ. and Int. of bonds.
In Nov.,
1896. new lease to Southern PaclBc « o. was made. Moderate dividends
have been paid. The Northern stock I* 98.190.500. and Sao P. AT.
•t.a-kf
arbothfloo UraM oarnlBk- ni l--. were 2,762,'.
» 1. 699.039; dividend. 2 per cent, (u 1887 gross. «.,999r
70.
panli u
l-li.
A
total operated. 1 10 miles.
This company has earned the Interest on Its
Himla, with a inxal auriiiua. 1
the shore consol. mortgage
was authorlxcl. of a hit- u 61.142.000 was held to retire dehta of prior
'leu.
Htoek. 6900.000 : par.
n-liiisr * pt. ;M. 1887,
In the rear
sTOsa aarnlBgs were 65i».2%3: net. 6151,118: it tdlng other receipta,
autplusor r lnter~t an 1 d'Tlileud (3
oent) was 621,449; In 188586, gross. 6558.033; net, tl21,705.
V. 43, p. 401, 768.
I
:
A.
5
1.131.0410
Norfolk
J.
W.
10
21
af.e*
I
46.9 13.000
i.o io
«»
.
AM
e
6g.
M
10
;
r
1.00O.0O.I
500
101
110
e*
A.
2
M
Bost-.Conc'd or Letmn'n
J. Bait.
lUioccn
1..HK.
.
A
A
A
A
A
A
A
A
A
A
Q.-J.
49.0Ou.ii0O
l.OOOAc
l.OOOAo
I
All
Palo-l«e. lot M.. gold. |Uir.,l.l
Helena A Red
un
J.
1.220.000
2.758.000
1.OO0
100 Ac.
100
100
IBS?
1
-
*
'TO
!-7.l
1 •.?•.>
13
J.
205.000
3.208.000
2.000.000
500 Ac.
•.-.7
21
3.317
3,317
3d W. • f..n..t.lrn. .iMvidrn.l ..Ttm-.it
red. after "93..
o'
Ja-. Riv V..: kK 1st M„ goM. guar .a f
Spokane
i-o;
138
3
3
6
6
UM.000
1.000
1.000
1.000
1.O00
1.000
1.000
1.000
W.s
tos
WtM
UrD.2dM.ir
500 Ac.
888
1868
l
do
do
92.997.300
7.150.000
1,500.000
1.126.000
W. V. liauiington. President. Ban Francisco.
Va.,
Northern. New Hampshire. -Owns from Oonconl. N. H., to West
and Sooth. A full report of the company waa In Lehenon. N. rt.. 70 mil
llrialol. N. II.. 13
miles: total. 83 miles. :>pere*ed by Buetuu A Maine under an agreepp. 509 Bad 513.
Company also pays 6 per east on 991. 100 pref. itoek (par 61O0) of meat for one year f oo
In year ending Marsh 31, 1*88,
Va, A Tean. KK.
total receipts from rent
irplua over dividends ((I per
..I of
lineh Val'ay mortrage (PI I.-llty las. Trust A Safe D. Co cent), 8-. 175. iV. 45, [ 36.612
...p. 827.)
* .Trustee In V. 4.V p. 541.
Northern Central.—Owns from Baltimore. Md., to Sunhiirr. Pa.
The rqulpinrnt nvwtgage of 1888 Itruatea Olrard Lira Int. Co. of
Phu la lor 6*1 Oi>..vers sll ei|nlpmeat aad rolling stork and 139 miles; branch -Hodlaa to Green Spring Juur.,0 miles; leasee— Sham
okis VsUey A Pultsvllle RR, 38 miles; Klmlra A WlUlamsport Railan ear trust obligations pan based with the p i uc esdi of boajds '
road. 7* miles: operated si oust— Klmlra A lj»ko Oi tano Rl:
•
The range of stock prices since 1883 have us*
la 1983. miles; track of New York Lako Erie A Western used. 7 miles;
total operated, 364 miles. Tula was a consolidation or several roads In
-,: lal
10»i<t: In 18-7.
-I. iacl.i-1
llw23V In 1»>PnfeiTMl-In Deo.. 1854. rhe terms of the several leases wil be found under the
n ames of the leased roads. In February. 1882. |.un-li.i~-l at par the
In lsau. J-.*59»j;
1883. 32 S «9*i
stock of Union RK. In Baltimore, 96IK),000; in 18-7 tbl. at u-k was
t. 21. InelnaiTc. 41 4 A 58V
tal887.S4>aa>Sa'.
From Jan. 1 to J
16 (7 msmtha). grusa earnings were In.-reaaed to 61.200,000, and a dividend .if tan per oent in Northern
oerrJDn to the
the CM
ay est
t <1.
.
)
i
:
:
Ii
I
-i
.
>ntr.l stock waa paid to stockholders July 15. 1887. Tin- consolidated
general mortgage (golili if 1-71 was for 810.00O.O0O to retire all prior
bonds. Of the a bove bond* 93.366.000 are sterling or .l.ilinr. Interest
payable In London or Baltimore, and the balance are dollar bonds,
interest In Baltimore.
The Pennsylvania RK. owns 93,322,800 o<
i
82.7:il..'81.sgst.62,
Tbe annual report
pa btl a hed la the Ciibouiclb. V. 46.
senses for foar years were
M-<-.
1887.
laW>
Taeei
pe.ft0w.512.
•
*
•
685,2^7
1.231
Mall.eipresv.Ac
Total gross earn-s.
»et earnings
2,02'
lb,
2.13-i.
130
174,5-5
2.-.0.827
174.998
3.4
2.711. 1-.4
2,771. 120
3.333.056
4.154.794
<38
1.649,291
1.9«0.;»1
1,194396
1,121.829
80*3
1.291.146
53-9
F.e. of op. ex. to earn
|
rt.)
164317
'
above stock.
rhe 2d general mortgage provides that 630,000 yearly shall be applied to the "purohsse aad redemption " of acrle. -A" iHinds.
From Jan. 1 to July 31 la 18->8 (7 months) gross earnings were
93.462.488. Bgst93.ol7.929 la 1887; net, 91.1 15,sill>. egst. 91. '44.217.
The nsoal year ends Deoember 31, and the report tot 1887 waa hi
the Chbosiclb, V. 46, p. 326.
rsooMS Aoootnrr.
1.771.014
hi
M
.
inKfr\l,l§ -
Wet
l
1884
I--'
1866,
8
1.194396
3
1,121.838
1.391.14'!
1.771,014
i
gisewrss aisati
Total
888.436
1.1-
1.139.991
1,237.134
MM
5'..699
7.8 •»
Total dlsbaraera-ta.
933.436
1.196390 1.183,786
1.21
te l a nes for ysar.... snr.240.a60 def. 73.8«1 snr 131.0)13 sor. t,35.328
•iBcloilea
in,
160.333,4)6,609. SIS.
bW
•
i
|
«
to the
ag
tal, Ac.,
IB
62-n.-7i..e,,^n
76.870; eipenaea, *24.»fiO; balaa«e,t351 .910. Rental, etc.. Ii
9374349; expenses, 924.660; balance. 9330,169; air's paid. 6238399.
Berth PaelSe toast.-Owns from San Fn.
inrmi.. Csl
79 arilea: braaeb la San Rafael. 3 miles; leased, -an Kafael to Baa
.lias; aad Dnaesna Mill, to Ingram, 7
a.
Stock. 92.30O.iHMi: par. *!••
1 186 gtoss earnings
wers 63 \072 den
•
,
•
9bw93*7
I
:,
;
.
.-"...
net, •34.998.
No
late Infor
clarth Pennsylvania.—4>wns rrom Philadelphia, Pa., to Hetlileasttea; arancbea-Jenklnfn to I). Is Itiver. 20 miles; Laoe5*7*4toJe toDoy
,.rr.vllle. 2 miles: total
operated. 86 miles The Northeast Penn. aad the Stony Creek roads art
eaaratsd under coatrae la M
u> leased foe 990 years t.. Phil.
Kea.1 ... at
, r p .. „„ .(,.« till t 1HM3. and 8 r-r rent ill. r. ..Iter
;
r^99
.
Csh
I
Cbarleetoa.
Jointly. Lane. 8.
C.
nes. Ac'.
Interest on debt
Dividends
5.474.617
1,931,9*9
377,348
6.212.126
2,073,484
231.125
2,317.311
3,489,379
2,209.297
2.324,009
t
9
Tut.'
s. r:., to FloreaMto Sumter. S.C.. 3s mile, t
9
446.997
003.041
520,900
8
44.775
460319
1,914313
1,957,873
394,484
366,737
442.203
441.761
933.CH I
520,000
931, '.72
520,000
8
53.690
8
1.963,286
1,947,168
543,314
354.038
Includes rent of roads and Interest on equip,
-(V. 46. p. 336, :39.)
'
f
051.107
545,948
Includes oar trusts.
Northern of New Jersey.—Own* from Bergen, N.
N.Y. 21 miles; leased 8parklll to Nynck. 5 miles;
J., to Spartotal operThis road was opened Octolier 1. 1859. Hy contract
if April, I8iin.lt la operated by New York Ijike F.rlc A Western at 35 per
cent ..flu gross earning*. It Is underatoiHl the contract la terminable
••\
ither p.irti .ui notice.
The ato k la 91,000,000; par 9100, Tli.ro
are also 933,018) 2d mortgage bcui.la <iuo Marcb, 1 *<•.'. Dividends are
paid as earae.1 on t|„. rental
It nt.il n-celvcl In 1886-87 was 8102,6661
t
dividend pal.l I
-i
iV. 46. p
till.
ate.1,
20 miles.
.
.
.
i
Northern ParlHr.
-(Mfe
Xap.)— Llint OF RoAI>—June
.mi. Wis.,
to P.iriluiil
to Sdperlor 3
ra
.
and
June. I'« lilt
Total owned, 2,187
Leases i
and branches, 147
'
...
W»
30. 1888,
In
-
tvals
;
SI
p.
tint
Ii
81 Paul
M
I
AO„
ills A I
RK..8H miles;
Black llllla KK.. 1 17 miles; I
ilhweatem
UK, h7 miles; Han. Ooop.
[mint. Kit.. 37 miles: Jamestown A Northern RR, lo3 miles
Rocky Mount RR. of Montana
1
,
I
o-Owna fmm
8
6,490,923
3,335.309
254.070
9
I
Balance. aun>l ua.
C
»
Ren talalV.il
9
5.521,876
2,063.483
363.830
9
48311
AW/ BIS, «e,
V. 46,p 134.
.
(forth Carolina.—Owns from (lolilaboro to Charlotte. N.
223 m.
The property
-aw leased
am n ta S»|.
r»smat isa mj was
IIHOMKI CK
to toe Richmond
A IfaMJtUfv
DaovUle
far 30 years at a rental of 9200.000 per year. Dividends of 9
far oent are paid on the stock, of which the fate of North Carolina bold.
koa received try the State are applied to
fsV090i3pO. Bssttho dlv
'
...
1887.
18-.1
la-"..
1
9
Gross earning*.
Net asvrafaa
other
T rreel|.ts
.-rgiia
A
'.
;
SUPPLEMENT.
[Vol.
XL VII.
C
i
SrpTEMBf r,
RAILROAD STOCKS AND BONDS.
1888.
Subscribers
trill
confer a great favor by riving; Immediate notice of any error discovered In these Tablea.
INTEREST OR DIVIDENDS.
DESCBtPTION.
T,t explanation of cottuna headings, Ac., tee note* "'^i "If
Bo°ad. Bond*
on tint pace of tablea.
Kwtktm
Pat. Ter.Co.—U* M.. g. (9>.O00.000i ...C
StrlMmt * Florida-- 1st M.. 812.000 per mile. ..*
A*tsv* st Wortttw Block. » ", rental. N Y A N.fc
A • I
l.t M, principal A tnt guar, by
OM—ubm *
NY
45
«6
66
Lake OkamfUain-Stock
July, 1990).
(for 93.300,000) ..
Consolidated
bonds, not cumulative
ltd.
Bloom,
W
*
A West
c.ir
1st pref.
,
M.<*>00.0oo.vepf bds.i.g .«••
c*
3d mortgage, gold
l.t A -MM
rat 100...
Ohio * M i ssion *** B lock (8
1st general mortgage (for C
1st conso"1ated mart. (93.445.000 are a. f.) ...
I
m
do
conn. 1«:
Consolidated
td
.
norUwr, sterliug.
A
111.
S.Ei
1st
i. nn drswti
M. 83.OUO.Cn.
<
Equipment Tr.. 10 peret. drawn yearly at 100. c'
Onto 4 .VortAsKsfens— 1st man.. 913.000 per
3d rao:t 97.000 per mile. for 91.200,000...
Oaio Birer-lst rnor:.. gold (812 Ooo per mile ...C
Qenl M.. (t-Md (for 93.000.000). 1st on 3) ml
«d
500 Ac
100 Ac.
ISM
1879
I
I
1--
100*
'.(HI
Ac.
SO
Ac
'
8
8
6
3A6
13.323,<«0
1 .000.000
7.500.000
2,000,000
894,161
l-<i
3.1.)
1808
3-L!
is.;,
8200
393
232
1-Tl
l-7t
l.uoo
1.000
MM
"T
0**m/-Stock
registered
(93.000^>00 P. A A
do
Bonde
da
coupoo and regt»l*red
Boada for Pramlnrbam AXsvweli boada
>
10O
483
1886
A.
"a"
O.
i>.
do
do
do
1897
April
1920
1930
1,
April,
Corbin B'nk'g Co. Jan.
do
April
do
do
do
do
do
7
7
April
April
1883
1499,000
8.600.000
900400
499.000
1,
1,
1,
1,
.
;
Im
X
O.
1,
1,
1.
Jan.
Jan.
Y. Vu'.on Trust Co.
April.
1,
•
o.
J.
1,
1.
1,
1,
,
.
MAA
8«*
J.
7
6
Various
4>*
J.
44
A.
Boston,
J.
8.
A
J.
I
50.376
31.4-8
1,
1,
1,
1.
-2.
jnljr
arch
1900
1939
1938
1938
l.
1933
1898
1898
1911
1905
1897
1936
1936
1936
1937
1931
1931
1936
isi8
L894
us). -6-7
188.V86.
|fl
9
MMceUaneoo*
Offloe.
do
do
do
do
* O.
in
i
.
June
Co.
do
do
London.
to
Nov.
do
v.Y.Kldder.Peah'yAOo Oct.
July
J. A
H V .lit N it. It ink.
A. A O. Fin" coup, diif Apr 'rt9 April
J. A D. N. Y. Central Trust Co. June
April
do
8s
5'June
J. A D. N.Y., Corbin Bauk'K Co
June
do
J. AD.
a"* J. A J I Y.. Central Tr. Co. July
2.I0O.O0O
2.10O.000
1.4 70.000
11.564.600
i
Y, Union' Trust
• N
a
6
6
9
aVMOJIOO
100
N.
J.
J.
A
A
.
;
A
a
A
7
6«.
3.IMHI.OOO
1.ISHJ
1.1KNI
l.'HM)
'75-6-7
Rlrrr Valley KB.,
iCo RR..20I
ibcCbIc. *»"»',i.
64 niilo; s^ehaas .*
~
raleaea KB., Marshall. Wash. T> r 10
miles: Helena A
Bra Mooauia RB. H. Ima to Bnauu. Mob.. 16 muse; Duluth A Manl
toba RR.. Wln»lpc(t June.. Mian, to Bast Od. Pork. 110 aulas; Duluth
A Manitoba, Dakota exteuslon. Oraad Pork* to Bear Pembina. I>ak.,
97 ».; the II -1. Bool. VaL A BaUe BB, Jafleraoa City, eouthweatwardly. 30 m: the Dram. A PaUlpabarc BB, Drummoad. Mon., to
Fhlllpstrars;. 36 m., the Hal. A Vor. BB. from near Blrdseye eiatloa. Mon.. toMarysTllle, 13 m.: the Ml«a..ila« Bitter Boot Valley
BB. from Mlsaoala to Vlrtor. Man 36 mla-a: the Northern Pao La
Moore A Miaannrl River BR La M >ure to Edfeley, DJt.. 31 b>1«:
Soetheaatera Dak. RB., 9 aulas: Cokadato spar. 3 miles: Spoiaae Palls
A Idaho. 1 1 miles Nor. Pae. A Caa. BB. lo miles Nor. !•*• A Puc et
aaaad RR.. 7 mlUs ; total leased aad aoatroUed. 1.171 muaa. Oraad
total oaned. kasad aad eontroUed. 3.337 miles, of which 20 miles were
not In operation June 30.1 1-.T The C.eor dAlene RB. Thoawoo'< PaUs.
Mon.. to t •« ir d'Alaaa River. 3 ) miles, was acquired Id Sept , 1999.
Of. Avi/iTtoa —This eanmaay was chartered by act of Coajrreas July
ild from Lake superior to Pont Sonad aad Portland, Or.
land grant waa 20 sections Bar mile la states and 40 sections la
Tamtoriea. Th«- road was opened 4*> miles west from Duluth- to Ills
saarck. on the Mlasoori River -la 1873. The coatpaay defaulted Jao..
1874. and the road was foreclosed Augast 19, 187oTand reorganlied by
bondhotdara' committee Sept. 29. 1875. New preferred stock was
ad at the rate of 9L4O0 for each 91.000 bond and overdue bttereat.
In Bept
irrhaacd the property of the Crrar d Alcne RB A
War. Co.
Sto-kj AJtn Bojma.—The prefemid stock has a preference for 9 percent
In each year If earned, bat Is not cumulative. The common stock then
takes 9 per cent, and after that both share alike. The prrf. stock claim on
act Income I. subject to expenditures far new equipment. Pref. stock Is
reeatved In payment In eampaar'a lands east at Mlasoori River at par,
aad the pros sen of the leads sold go to the reMresaeat ef atafer ied stock.
Of the stork 01.233.O0O pref. and 0!4.O75,IOO of was. In Oeu,
1897.) was held by the -Ore A TraaaOon. Co." (See V. 4
laeales fell dne Jan.. 18*8. bat p»rt were extended till
1907, aad these are exchangeable into third mortgage boada.
Of the ontataadlag debt J
>J was held by the
trustee of the .Inking fund. 9OM.70O "' this being in general first
mortgage bond*.
Prices or p ts feired stock stoeeTO hare been: In 80. 30*sa67>«: In
.
1938
r-i.
5
917.009
IjOOO
1.000
1.000
1.000
l.OOO
1,"<M
1"7
liil
li-l
....
....
....
Jan. 1. 1933
Boaton, 2d National Bk. July 10, 1888
Boston, N. E. Trust Co. March 1, 1897
Boston, OlHee.
July 10, 1876
do
Mar.. 1S90
J. "i"j. S.Y.,
3g.
5 '
3.316,000
6,601,000
113.000
8,6 10.000
8,009.000
5' 15,0 JO
1.IXK)
13J
.
A Co.
N.Y., WIukIow. L.
100
I
169
>
A.
6
101
)
!
«(aot mortgage) coupon
and
6
100
....
*WA«r»-lst mort. (915,000 o in gold
3d mort.. tn cocao, ann-cum (915.000 p. m.) g c"
Oa»» Tali,. A». - l.t M., gold (915,000 p m.).s,f..c'
.
400,000
3.077,000
380.000
600.000
2.S29.650
(I)
l.OOO
l.OOO
,
.
l.OOO
1.000
1.000
99
s. f
Ohio
J.
344
616
eons. mon.. (cam. (Ink. fuu.l
9prtng. Dlv. <8p.
1877
L890
341
J.
4
....
1871
118
118
A J.
AO
A J.
M.A 8.
I. A J.
M. A 8.
J. A J.
A. A O.
A. A O.
$*
aVtPMOO
93.000,000
Botutt— Prujo/
Due.
Stock*— Last
Dividend.
pal, When
Bate per When Where Parable, and by
whom.
C«ni Payable
100
l.oOu
1877
....
353
202
341
O*k>/iM».*)r.-8l'k(«3.-»2>.00Oi»5i..-tn.n-ciiiiiJi>f
Value,
91.000
....
118
sinking fund bouts
Amount
"St".jOuUtandla,
1883
18-8
....
.
I
Dee.
1,
April
1.
1897
1904
9
99398
9
19B7-U
9
11B8M
324.095
:c>.774
6,445
17,813
1999.07.
Total
6.025.0-.6
6,609,294
5,139.111
5,778,999
Balance, surplus....
518,637
91.959
111,199
65,707
p. 26. 5^. 166. 192, 203. 211. 264, 272.273. 341. 388.399,
438. 472. 50!t. 539, 572.614. 643.688. 705.820;
i
146:171.191, 571,59.1. 731). 819; V. 47. p. 21. 82.
49,12.', UO, 191.997, 997, 3i7, 337, 344, 351, 354.)
.
I
Northern Pacific Temslnal Co.— This company own* terminal
oa the Willamette River. Oregon, at Portland. East Portland
and Albtua. Thar are leased for Bfty years, Jointly and severally, to
ra Pacific BB.. the Oregona Railway
Bi
A Navigation do. auif the
Oregon A California RK. with a guaranteed rental sufficient to pay
Interest, slaking fnad
The sinking fuml l»-glns In 1893 and
is to be suit!
» bond* by maturity, bonds btlng
drawn at 110 and
. The stork of 93,000.000 Is owned by said
three corn panics (40 per cent br Ore. Railway A Navigation Co.. 40 per
rent by Northern Parinc and 20 per cent br Oregon A California BB.),
and held by Central Trust Co. of New York, to be delivered after payments to the sinking fund which Is to cancel the bond*.
Northwest A Florida. -(mm from Montgomery, Ala., to Live
me i> being wblened and road extrudnl to Luzerne,
« mil. .. This was liii'im rl.i the Montgomery Southern road, ami waa
and reorgaulxed as Montgomery A Florida.
Again si Id Julr 12 1898, and alMire ui'<rtgage Issued; alio » HMI.ll «)
4jM-rcei,t mrasM boads, lelng 96,000 a mile. HUxk, 9012.000. (V.
facilities
Norwich A Worcester. Owns
cestcr. Ma**..
total. «; mi i.
59
b
li
rears
*
frtiffi
from Norwich, Conn., to Wor
Norwich to Allin'i Point, 7 mile*;
:
In
Pebruar^
e rental
'
w,>re *749.t-59; net,
927
924.157: dividends
18
)•••
waa reduced
gross receipt*
.->; Interest,
e). 9207.8 -'4; surplus. 821.921. In 1986-7
iviucnts for rentals, *40,220,
lnt-r..,i.
P
Ogdensbarg
Lake t'hamplaln.-Owns from House's Point,
•91, 64>««99S: la 'S3.66%«10Oas: In -83,49%»90V In 'it. 37>«evY7»<: N. Y.. lo Ogdeiishurg, N. V
uiilea.
On June 1, 1880. a perpetual
la'BS. 36>te65V;ln'86. 53 >• •»*>-.
lease of this road was made to the Central Vermont lilt Co., the leasee
S»H3H. In
Sl.lncl
4JH#-t 'omnoi
0. 30*36: In 91. 32\»51; In to pay Interest on the bonds.
•93. *9%OD4*«ta *99. 23>s*5.'IV In 84. 14*37: In '8M5*31>«: In
In year ending March 31. 1898. gnaw earnings were 9727.5 12; Bet,
•96. 22»3IH; In -97. 30*34% In '86. to Sept. 21. loel 1»>»2!IH
2; surp. over Int. charge, 91 Vi .:».
In 1886-7. gross earnings,
(; net. 9229.200: de let! under
charges, 937,303. I V. 49, p. 272,
Li mi*. -The land (rant of the company was 12.800 acres per mile In
-19, p. 355.678; V. 47. p.
9tates and 27..6O0 acres per mile In territories, and the lands eai
eoastru. tloii lo June »o. 1889. were estimated to be about 4<i.H24.960
Ohio Indl
Western.—Owns from Indianapolis, Ind.. to
of which about 40.-.'93.32A remained anaold.
The lands Pekiu. 111., 20 J miles, and' Indianapolis to SpringlieM, Ohio, 142 mile*.
east of Bleroerrk (Minn, aad Dak. Dlvs.) are pledged to the ara>
<iria. 9 miles.
Total oporate<l,'353 liillra. The former
aarnd ataek. and that stock Is received In payment therefor. The Indianapolis Bloomlngton A Western Oouipanv ilefaulted Oct. 1, 1874,
general
ort gneii bonds cover all the other lands, the divisional mort- and the mad was wild In foreclosure Oct. 30. 1878. and reorganized.
gag*, having prior tleoa on tlx-lr respective dlvlxlona. Por the fiscal year I
July. 1886. a receiver was appointed, and on M irch 29, 1987, the
I997-* lead salsa war* 893.259 acre* far 91.390,967.
rovt was again sold and reorganized as at present.
Total .ale, locadlng town lota, etc , were 91.591.876: net receipt*
Of the l.t mort. bonds for 99 oOO.OOO. 8500,0
are preferred and
far the year. 9936,443.
>0O0 ate rea* v.-d to retire the Ind. Bloo n. A West, bonds at
Prom July 1. l«in. to Jnly31. 1998 (I month), gross farmings war*
ie l-t and 2d n ortgages are lisued " accrued
i7: aeC 9669.183. agst *.U
il
eertldeates" for overdue coupons of Ind. Bloom, A West.,
/Meal rear ends Jane 30. Report for 188748 was In V. 47, p. 351
ho bonds, but with the provision that all sur951.
Slus eatnliigs In each year over interest, etc., shall go to retire them,
rawn by lot. Trustees of both 1st and 2d mortgages Is the Central
18949S.
189949.
198687.
198788. Trust Co. (.See mortgage abstracts, Cim ixicLg, V. 47. p. 201 )
.'.'>3, '02
3,808
8,337
ear 1897 gross earnings were 82,616,22.1, against 92,542,809 In
1898, on 532 miles each year. For tbo rear ending June 30, 1886,
gross
earning*
93,493,536; net, 9839,783 disbursements, 9919,497;
3.07.-..893
2,«97.218
3.269.703
4.577.898
7e446.?«o
8.199.614
8,730.547 10,429.344 deficit, 979.714.— (V. 45. p. 369. 401. H72; V. 46, p. 103, 171, 191, 254,
.90.
320.
739;
V.
47, p. 142. 147. 188. 201.)
712.001
643,695
789.197
843.196
,
i
p.
r.i~i re.
•
A
.
in
.
I
1
I
A
m
i
»
i
;
A
Total
11.334.119
Operating expenses
6.196JO!
Met earnings
5.0)7,819
55 16
tWctexp.
toeara'i
noon*
12.789.447
7,173.020
1A.«46.328
9,2(6,984
5,574.261
5.6IM27
6.579.444
M-09
5848
'.J
n
Aoootra-r.
1994-88.
19B9-99.
1986-87.
5.037.948
101.222
9
9
6.574.363
915,985
6.61 6.437
6.570.414
5.331,070
6390,098
6,090,793
BssMste—
t«,*e.
11.730.527
6.I56.V61
474.166
18-
Ohio
Mississippi.— Thl* company own* a direct line from
Cincinnati, Ohio, to East St. Louts. 111.. 338 miles; Louisville branch.
North Parana to JelTemoovllle, Ind., 53 miles: the Springfield Division, Beardstown to Shawneetown. 111., 380 miles; trackage, New Albany A Eastern, Watson to New A' tinny, Ind., 7 miles: total, 623 mile*.
The Eastern and Western divisions were sold In fun-closure and the
Ohio A Mississippi Co. formed by consolidation Nov. 21,1967. The
term, of preference In the preferred stock certificates read as follows:
" rhe preferred «to. k Is to he and remain a first claim upon toe propert \ of the corporation, afier Us Indebtedners. and the bollei thereof
receive from the net earnings of the company 7 per
yalilc semi-annually, end to have such Interest paid
In full fi
y vesr iM-fore a-iy payin-ni of dlrlueud upon
s
the oininon slock; and whenever the net earnings"
•
»
•
" .hull lie more loin Kiiilleicnt lo ji ,1 ixitii sild Interest of 7 per cent on
7 i«-r cent uhi
m- en. union
siis-k for the year In wide
« .1
net earnings are ao applied," then the
•
94-
i
i
To*al
I
7.1:7. ''il
.
i
.
I.
'if.
4,989.091
4.4-.o.53fl
973,-)90
792
696.650
4.7«:i
998
H..072
general mortgage 912,784.000 was reserved % i exchange
tor old bonds as they mature. Gyrus C. Mines, of Ind.. and Onion Trust
N Y. er» mortgage trustee..
04
c~
5!
1$
1
%
IN
l^dtffA
\
.
r^
I
nBhKf~
*
;
*
aJ^Qu
f^JS^T
L<
/T& *
«p
-*
^r
JM
3CT
ft
•
£7
/
/4
INVESTORS'
SUPPLEMENT.
[Vol. XLVII.
;
Ssptehbbb,
:
8
.
.
KA1LR0AD STOCKS AND BONDS.
18S8.J
;
03
Subscribers will confer a great faror by riving Immediate notice of any error discovered In these Tables.
Bomit— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
M
I
OUt Cotonv- O-mthttuHy—
Bond* not mort. (87SO.0O0, '81, dnc July 1, 19<M|
Rest. Clin. AFItchb. mort. bond* 1869-70...
c
Boat-CllnA Fitchb mortgage livnd*
<
t
Beat. Clin. P. A N. B. mort bond*
Oow-Aj*-**!. J>>ui*— l«t M.ifld
Oravsg i Aril— 1st M..g..*5.000 P. m.. red. alter 1892
oraawft a* (7al
l«t M.,g (8 lo.oO p.ui.ldr'u at lOO.o*
Oaji a Pari *Je—l*t mort.. land grant. gold
—
Oram
t*lta%
ooo
1K-III
740
610
car
-
ip.nu
>
000
Convertible ho- >.!•t
SsVWMBl
Omsal. mortsMB
Otmstnietton M..
t" nin...
y.
9
Ifcoek,
cm
A
a
100
1«*
use
1MB
f r
1 si;.;
1.000
1.000
1.000
BBartvnac,
7.IKHI.O.-I
4-
a*900
1887
MM
1.000
'
In
T
•! i
.
ll.'V
").
D
71*:
•
.
Pl-ealy-ar enl* Jun
In 87.
rota earn*,
incur,
fatal *'< »- -arnlnri
7.'.
4i«g. J.
I
Of the old two
1*
v
K.-I..
1,
1,
1,
1.
1883
1932
May, 1915
Aug., 1891
nee
W99*
.v
>
A London
Philadelphia A Loudon.
>l
do
do
do
J.
P.
8106.009 are yet
M
» M, H»1910
Annually.
do
do
do
June
15,
I,
1905
1919
July
1,
1921
June
1,
1913
the balance of 88.499,000
new ootids, but subjeot to
.in
ten
1* covered
redeem bonds drawn at
iTru»tCo..N.Y.
••
-.
m
.if
•
1
epnrte.l In the Ca
s South. Pac. CVi. fo-
from .an 1. Ill*, thn lOHon guarant
Tlie P.
change «ith the holders for
J to mil. i, grots, 8898,881
1*
l«««-«7.
40
by an exagreernent.
tn
(V.4U. p. 321.353.)
I
>
II.
i
Oregnn Paclnr.— Road In progress and
W
Load, •88
Wot, i, 1910
July, 1888
liroiul
York.
ICUI. V. 11. p
*3.988,4S3 8L978.5S9
81.337,953 81,211.1 t;
1937
1907
1927
1900
1888
1909
1925
1922
<X-t. 15,
Nov. 1.
Phil..
I
I
June
rhlla.lelphla. Office.
deposited with trustee at collateral
esm-rll ttioo. The laad grant was abo
by the mortgage, proce.
par. nnlll i' ir.li isaldc low.-r. Trim.,-
were #275,-
1,
Oct.
O.t.
Phllatlelplila
.i
A
A
1,
1,
July
I
i ".
Q.
7.
New
J.
<
q,
1,
v.-ur«
acootrsrr.
96.
arj.oM.OJO
81.074,212
.
Vst aarnlngi
6
8.17-1
30; rvpori for 1410-87 In V. 45, p 871.
•
m
2>*
Jan.
Jan.
July
Ha-- IBM
1907
May. 1923
New Y.irk.
Nov. 1. 1031
<»illo.- 18 Broad. SeW. 18, 1888-
N.
A
J.
9.900.000
Co
Tru-
f.. IT. 8.
J. N.Y., Fanners' LAF.Go
J. n Y...- ..utii. PaolfloOo
O. v ! ,45
8t.A Loo.
N. T.,
N.Y.. 18 Kr.a.l
N. V.. Oitl.-.-. 1
890400
l.obb
N
J
A
M.
!•
l.obb
1.000
1878
1881
1883
Da9l;
Pi
6
A.
iim
J. Boston, N. E. Trust
(.OOO
2,6
"Ho
,
-
7
1.000
l-7l>
ha* been a* follov*: Co mu <n -In
iti, lo*4»2Hia In -Hrt. 19^j»35H;
17U,-20'- l"r.-r.-ln 83.96»
•83.21a:
7
888400
8.000.000
.v-
(
7
100
1904
last
1889 A -Mi
July 1, 1894
Jan. 1,1910
Office.
do
do
0..-J.
4>a
1.000
Button.
J.
J.
D.
J.
J.
'
?*
50
.'
i
10,063.000
850*000
152.000
107.00O
A
A
A
A
A
A
A
Doe.
Stock*— Last
Dividend.
|
A
TUTu
.V. Y. Offli-e, Mills blilit
A J.
do
ilu
A D.
do
do
P. A A. K. Y. Union Trujt Co.
0,-j.
M. A N. N. Y.,FariMers'L.A T.Oo.
at A N. N'. Y., entral I'riuit CoP. A A.
do
do
P. A A. N. Y. office, 00 B'dvrai
P. A A. ». Y..Del.,L.A W. BR.
M. .V s
do
do
M. A X. NY. Faniicr».LAT.Co
«.
.*
I«J».<1,000
l.ooo
l.ooO
.
Ran ire
9,618,000
I.'"*)
,
not dt'n
6
J.
100
*l881
(a. f. 1 p.c.)
i
48
-
General mortgage, sterling, |X657.800>...
4-i
Btaldag raad subsidy, gold
Paurwan * H wl -stk. g p.c. perp. rent Jf. Y. LK.aW,
IS
2 till
Psnnssffvmia-MtiK'k
Oer. «f.. Ph. to Pitt*., coop., J. A J.; rear., A.
State Uaa (pay Tile in annual Inat'ltu't* of 840o
Oon*ol. M .roup. J. A !>..* reg.Q.-M.t*. f. cum.).
OovjaoL mortgage, gold
Bonds, r.
571
ch>poatted a* collat'l)
Oollataral trust loon, gold,
700,1)0.
1.IHK)
1876
1883
35
i
ut
J.
J.
l.ooo
1.000
1,000
35
W.)
.prln. Alnt for* 1.000.000)
O. L.
»«-nar.
4g.
5 a
5g.
1879
Dm
L.AW
et. IT!
p. Ct.
J.
J.
J.
J.
l.OOO
l.OOO
497
dr-natlDo.C
0»mt* * Bea u 1st mortgage guaranteed.
Income xaorts-age bond*
(«.r.>«p.e.)
7
5
1—7
1—7
1—u
Ortfmd TrmnrO<mHH*nUU-#t'ek(lor*:><>.O00.000>
Trust b'oXx 430,000p.m.,
1.912,000
2.717,000
l.OIMj
••
4
7
.1.1.IHMI
491.500
400.000
l.OOO
1.000
746
Aavioarioa—Stock
fd. (drawn at 100)
Conaol. mortgasre. gold, 825.000 per mile
rf
Mart. :*ind». cold. stnk.
•9
500A0
1874
144
150
475
i
l*eag a«*aori/..-I*tM..g..liit.g*i.i.i
n
•84-'88
43
58
120
.
pal. When
S1-.-..T
Data
Amount Bate per When Where Payable,
Par
of
and by
Bond- Vataa. OBtstandtnaj
Cent.
Payable
Whom.
af
explanation of column heading*, 4c, see note*
Road
on tint page of tables.
r
lle*,frotn
1
Mehania, Or.,
to Yajuina. uo Yaqulna Bay, completed. I^i
t 800,000 acres,
and covered by Brat mortgage. u
B I
at) A M rep BT8M
as having taken tbebalanoeof tlr-t umrt. h
uplete
the road.
Total
*.
830.000 per mile. T. B. Hogg, P
not, Oorva Us, OragoD.
Baiaw*
def85.3O3aurf251.237aor810J.42-1 Stock tonee.
48
William
St.
(V.
p.
613;
45,
218.1
p.
-<T.4Vp. 113.539.871: V. 48, p. 76. 173. 32 •>
H8.3i7.S88.)
Oregnn Railway A Navigation.-Own* East Portland. OroOhl > A \»rtliwMl»r».-Ro»l from Cmoionatl. O., tn P.irU fiMtoll'alliil..
s
mil
W.
T._. 211
Walla
WalU
to
RlpirUu 50 ttulos
mouth. O..
and tT4n.be* 26 mile*. The C4a. A Part am, Holies Junction to
<
Pataha Jane, to Poiueroy, 30
•aid la ranolaanra Jan. 5. 1 587, *•* purohawd >>y thl* oomnany and
miles
Walla
Walla
to
mihs;
Peadletoa
to Centrevllle, 17
ckaasad to Mmdard gangc-V. 41. p. 5
Stock latued. 83.000.000. mil—; 1'm.tillU to
17 miles; total owned, 5Y7 miles.
In June. l*i>i*, Samtiel Hunt was aopolntad receiver, a d In August
Lease*
-Pslouae
Colfax.
Juortton
to
miles;
89
Oilfn
to Moscow 24
- ly tn Issue *
!2V> '• receiver"* eertlBeate* wai snught
miles; Colfax to Fanuington. 27 miles; Wa'lula to Walla Walla. 31
V .40. p .»<
miles: Blue Mountain to Milton. Ore., 7 miles; Cascade Railroad,
Ohio River. This romt .>'-nds from Wheeling. West Va to mile. total operated June 30, 1887. 748 miles. Ocean line between Sao
Prdnl Pl-asm Wast Va., 188 m aid ll'imlng Ion. West Va. 39 in.; FiaoiUeo and Portland, 670 miles: Paget Sound lines, 275
milestotal, 308 m. The stoek outstanding to 85.874. t«>0. par 8100.
River lines, 383 mile* let*! >f water line*. 1,3 >8 m'les.
Prom Jan. 1 to Jul v II, 1843 |7 mo*.), gross earning* were 823 ",617.
Of the i-ous.il. bonds 86,000.000 are rsserved to take up the old mort
•gainst 811
i."ii la.
There I* a aluklnx fund of over 860,000 par year, for the bonds
against $195,463 Issii. .1 In 1S7U to bur bouds at or Iw ow 110. or else draw th«m at par
on 94 m. in '86; net In 's7,»ir>o.-i3* suroluaoverflxed charge*, $V>.60J The Fanners' Loan A Trust Co. la trustee of both mortgages. The OreOeo. W. Thompaon. Presldeot. Parkersb'g. W. Va (V. 46, p. 1 7
gon Traus-l'omlneutal Company holds abo'it II 1,-1 1..!
tho st K)k.
la April., 1837, a lease for 94 rear* from J tn. 1. Is- 7, to the Oregon
Ohio aonthera.— The road will extend from Sptingrleld, Ohio.
.ranteed by Colon Pacific, was ma le on the basis
to earn* potat on the Onto River. Length of road oompleiol ami lo
•asraUna Oa«.. 1387. BprtngfleM. Ohio, to WeUaUra. with extension* of Sporoent pei an -mm on tho O. B. A N. Co. 'a atojk, and In Oot.. 1887,
igre.il to Jolo the U. P. as lessee,
had bra ats— 140 miles. Stock (par 8100), 85.5OO.0OO. Oross earn
this was nftcriva-d grant ul In Oregon. (See termi <ko.. V 45.
net. 8174.047.
tiros* In 1-187. 8*99.584;
act
of lea*.- V 15, p. 53 ».
8888.718: urpMs over loternst, Uxes, Ac, 8131,5067 Alfred
tnoa.). grow eanilngs were 83,320,Pre«l.leat. (V
Ohio Valley. -Completed from Henderson. Ky to Princeton on the
At
<•
742,
Oasa.
miles: hrsnehe*. » miles; total. 9i niil-s
81,028.415
81,
M.ooo
rfund
,
«4.716
57.000
I
.)
li
'
,
:
:
;
;
>.
,
.
;
.
;
.
-
,
a-'.);
'
'.
.
'
Tnbs.
in
Kvsqsvule, Int. Cn«rter provld** for aloklng fund
redeacn bonds at mr
Irawlng*. The st >*k is
P.O. Ketoey. PrssiuVnt. Hsnlerson. K<
46. p. 191.)
Colony ( vf a*s.)-Owas from Bo<ton to Provfeeti iwn, Mass.,
(V. IB, p. 84, 21
81.980.000.
Old
12U ssBBB, ;iii . to Klii,r«ton. I'll.
i'h. s..„.r..-l Ji|in-t:..n
ford. Lowell Mfl Pltohbnrg. Sl*ss.. and to Newport,
altos, and aaraerou* branche* 95 mile* lo all: lo-al
mile*; leases— Pall River 8%llroaa. 12 miles; Wants
total owned anl leusvL 18 J roil™
In
ii
.
.
N.w
K.
243
I.,
rrovMeae* Boad
s« made for 89
A
April. 1891. Interest A.
Ptooal year enils riept. 30
1
year*. There are also *"•' ,0O
Report for 1-86 37 was In V .45,
O.
i
due
."»•
p. 01.*.
Rtctipf-
IMF
1884-85.
8
Oros* earnings
8
4.191.872
4.2
A3
88.
8
1S-OIH7.
i,.f.u .-.;>
nl.
hanstoi
Mvlasad*
::
n£ses
Bale or
Impvnvem't am-niint
Total dtobnrset*.
-(V. <". ; «;
es,
I
H vision of
I
A Na
1.4J7.7HI
33.884
16,131
597.8*7
7-s.tim
15.883
I,392,8«0
C
>t
A
'»7aara,agi
oBstooa-jtheleasslsguai
I
•„ii|..
'
-'.17'.
Inl-"
a<
.07;
I
net,
i?
iii.lir
-
27;
7
J-..1
11
1,427,79
hi 1-h7ss«iii-
Oregon A Trans
•t.
la ws of
Orwg.
Tbeaaacu
•
In
Deo.
1
-
*i.t..ir. pi ,.f N p.,.-. common,
an
is.!.1883, the company arranged a newlu.m Bog
pr.-f.
to.,
At 050,0v.
,
So-"*-'-'
balance of
rtad on d.
Total i
at 105.
I
.
Tho
serais.
ainuiiiiting to
ns.
Ital Is
850,000.000.
some 83,573,000, was
ear-
The bonds may ho redeemed
Ig. honda on
traffic, con-
at 8*0,000 per mile: »1».
tract* with the
•
a
minimum
net
r
an-
ii
'
•
noa enmnUtiie.
<s,
ami a sinking fund
•
Pn«l-
i>o;
Lltllo
*ho.:i.*,i.
or
pa A K. W.
i lo Clear
Wslo
—81 0,003.00
»
.
.
thaW
and
V. HI, p.
<»«1V
Or
1
«o
1
in
bond*.
(V. 4
1,1
xvua from Rieiilsud
it. .io».—
•T,
I
80 Oswego,
N
1
Mil..
de-
iiutlnetilal.— Coinpanr organized nnder the
V Hard Pool"
i.i.k "f toe Worth- Pac. Railroad imri'liased by It.
-•7. included 811. 7e
i: A NaT.Oo.
(
v..rth-
Or
taM
is
an
J. hi
In
7D1.747
7
r..ni"
the St. Looto K.
77V
Wood
mile* with
-
read from Council Bluffs, la to Patrons
Thlaeompatir was
lion Is
8
V. 46. p
foreelosittr
Pref. 6 per
sloc^. 82^1.'.000.
strar
rrtgage.
M
m
7J7
1^80,390
s
bnrsr.
Ul
25.250
Or
Omaha
4\..4
i
r.S>..f„;
i
..
:
gasi
of wblell (Jill
or -gun R illsray
on
li^a
17, p. 318)
Road from Granger on the Union Paolfls
a Junction with the railroad of the Oregon
br.m.'i
Is
1.081
i
95.215
Otsws
Rjillw...
Fniin
rnoong aotXMTxr.
18*3-84.
LI
•in to
River
bonds
i
'Ik
Oregon Short
i~l
I
""'
47J, 539. 61 4*! TaVT*?*?-
I,
1
•
1:1:
with
A<
StWV
.
mutual rental
outstanding.
ferred, 87B.00O: na«
par, Sill
«10
I'
8
T.,
iter-
1*
will;
pre-
J
r
c
:
.
SUPPLEMENT.
INVESTORS'
91
Kubscrlbers will confer a great faror by giving
.
Immed iate
DESCRIPTION.
[Vol. XLVII.
notice of any error discovered In these Tables.
Sonde—PrinoT
INTEREST OR DIVIDEND.
pal, When
Dne"
Slock*— I-ast
Dividend.
Miles Date Size, or
Amount
per When Where Payable, and by
Par
Of
column headings, Ac, see notes of
Outstanding Rate
Whom.
Payable
Cent.
Road. Bonds Value.
on first page of tables.
F jr explanation of
pinntvleonia— (Continued)Oar Trust certs. (in scries payable
1881
i
I0 th yearly) ..
Equip.Tr.(ser." A" to "E," payable one-tenth y'rl>
-1
$9,692,000
$1,000
188M
—
—
1
'771. .c&r
287
287
40
Q/rt'rly
l.ot'0,000
1,100,000
7,975,000
2.400.000
976.000
50
50
1.000
1857
A
S.Y.
Oswego Syracuse. -Owns from Oswego, N.Y., to Syracuse theremiles. Leased in 1868 during length of charter and renewal
of to the Delaware Lack. A West. RR. Co. f ir 9 per cent per year on
$1,320,400 stock and interest on bonds. (Vol. 46, p. 172.)
Nashville.- Owns from Owensboro, Ky., to AdairOwensboro
Operated by Louis. A Nash. BR., which owns a
vllle. Ky., 84 miles.
majority of the stock, and has $1,000,000 of the 1st M. bonds in pledge
Gross earnings for 1886-87, $204,263;
for It-* collateral trust bonds.
net, $05,549 deficit under Interest and taxes, $1,317. Gross in 188">-6.
$169,376 net, $35,678; deficit under lnteiest and taxes, $15,498. Stock
Is $1,156,517.
35
A
;
;
Panama.—Owns
1891-94
1897
Jan. 1, 1901
Philadelphia,
do
1,000.000
20,000,000
2,032,000
14,467,000
1,500,000
1,500,000
6,503,000
6,500.000
3,000,000
1,500,000
8,400,000
1,287,000
1,470.000
2,088.000
181,000
1,495,000
1,495,000
800,000
1,450,000
96O.800
323,500
251,000
043.000
800,000
2,495.650
1,000
1875
Navy Yard bunds reg. (extended 20 years In '81)
50
3,325
Pennsylvania Company— Stock
1,000
1877
»M05.r
.drNi
(s.f
Bonds, sec. by P. Ft. W.AC. Mock
1,000
1881
Bonds, g.. see. bvpl'gc and guar. (s.f notdr.) c\tr
1,000
1806
Ptnmvlran ia if New York— 1st M., end. by Leh.V c* 105
1-15
1,000
1866
lstmort., endorsed t>v Lehigh Val
50
117
Stock
Pennsylvania Schuylkill Volley—
1,000
117 1833
1st mortgage bonds, sinking fund, 1 percent
1,000
1881
All.
AN.)..
L.
by
Pensacola <t Atlantic-let m. g, (guar,
100
47
Peoria d Bureau Val.—Stk., 8 p. ct. rent'l C. R.I. A P.
Vf.e
Peoria Decatur it B«m*t>tW«—Stock
1,000
110 1830
1st mort., gold (Peoria Div., Pekln to Mattoon)...
l.ooo
13=>
1 880
1st mortgage (livansv. Div.)
1,000
238 1886
c
P. D. A E. 2d uiortgago, gold
1,000
1881-4
....
Car Trusts (payable $13,000 per annum)
1,000
20 1881
C
Peoria * Pekin Union— 1st mortgage, gold
1,000
1881
20
Second mortgage, gold (Issued for incomes)
38 1887 100. Ac
c*
Perkinmen— 1st M., series gnar. by P. A 8
1,000
188<
38
1st M..serl'S2. guar, by P. & It
100
63
Pe/er*6i*r0—Stock
50
Guar. pref. stock, i per cent., lien prior to mortg
"82 1869
1st mort. bonds (payable $25,000 yearly)
1831
Mort bonds, class A. $251,000 reserved for IstM
1881
Mortgage bonds, class U
50
79
Philadelphia * Ball. Central—Stock
1,000
r
79 1881
1st mortgage (for $2,500,000)
Ac
100
1871
27
c"
Westchester A Phila., 1st mortgage
Philadetph ia <t Brie—Stock, common
Preferred stock, special
lstmort.. Sunbury* E. (exte'd 20y'rsin
4
5,
(1)
5
6
(
i-7
A
A
A
4»«g. J.
7
.1.
7
J.
"6"
F.
F.
J.
A
'A
M.
M.
!•
For 1883
5, 1907
1, 1921
June 1, 1896
June 1. 1906
July
July
Ow nedbyPa.RR.
Deo. 1, 1935
Aug. 1, 1921
Aug., 1888
Philadelphia, Penn. RB.
N. Y., Comp'ys Agency.
A. N.Y.,Chic.,B.I. A Pac.
AD.
A A.
J.
6
4
Phil., Pa., Co., for lns.Ac
Pittsburgh, Co.'s Office.
Phlla. Tr. S. D. A I. Co
J N. Y., Nat. City Bank.
D. Phlla.. B'k N. America,
do
do
D.
'i" J,
iJ.
4
A
A
J,
S.
N.
Jan. 1,1920
N. Y., Central Tr. Co.
do
do
do
do
do
do
Various
6g. Q.-F. N. Y., Central Trust Co.
4lgg M. A N.
do
do
Norristown, Office,
Q.-J
6
do
do
I}.—
5
!
3
lHs
8
5
J.
A" J.
J.
J.
J,
Rich'nd
O.
do
J.
6
A.
A
A
A
A Petersb'g.Va
A.
AO
A.
A
O.
Net income Penn. BR. Division.
Net loss New Jersey Division
Balance
From this balance deduct :—
Advances to Penn. Co.
.
Payments to trust fund.
Consol. mortgage redeemed ....
Allegheny Val.
Deficiency
do
Fred. A Penn. Line RR.
Am. SS. Co.— To meet int. guar.
Settlement of balances under
trunk line pool
For fire at N. Brunswick, N. J..
E itraordtnary expenses
RR—
Philadelphia, Pa.
Philadelphia. Pa.
1921
1921
1917
1»18
1,
1.
Oct. 1,
Jan. l,
Jan. 1, 1887
Jul} 3, 1888
Oct.
1,
1,
1926
1926
Nov.
1,
1911
April 1, 1891
do
do
Feb.
Feb.
July
m.'a'n. Phila. Company's Office
"b
7
1,
Jan., 188»-'98
do
do
c..i
1920
1926
Sept. 1,
Nov.
BK.
RR.
Oct.
1.
1897
1887.
1886
$3,974,970 $10,441 ,2S7
227,991
179,016
$8,795,i>54 $10,213,296
1885.
$8,153,685
159,497
$7,9tf4,18a
$667,093
69,895
324,800
698,390
15,000
90,000
$1,000,639
58,621
324.830
701,576
15,000
90,000
78,624
324,800
352,835
96",6b0
Opened
from Aspinwall to Panama, 48 miles.
167,183
411,972
through Jan 28, 1855. Of the general mortg. bonds $200,000 fall due in
175,000
265,000
two half-yearly payments beginning Oct., 1888, and balance In Oct.,
1.241,11 5
1897. The $2,6:23,000 subsidy bonds are secured by a pledge of the
$2,429,557
$2,542,150
$2,190,666
sum of $225,000 annual subsidy payable to the U. 8. of Colombia \>y
$5,803,522
$6 2 3,301 $7,783,739
the company. In June, 1881, most of the stock was sold to pauies Balaoce to credit of income...
4,7J8,892 5,418,702
4,738,892
Interested in tlie De Lesseps Panama Canal Co. The report for 1887 was Dividends
(5%)
(5)
(5)
In chronicle, V. 46, p. 479, showing net income of $l,141,115,against Rate of dividend
$1,514,912 $2,365,037
$64 \360 In 1886, and a surplus over charges of $1319,902, against To credltof profit aod loss
$1,004,630
381,437
621,756
$118,581. (V. 4«, p. 479)
363.355
Deduct settli-m' t ot claims, Ac.
Paterson A Hudson.— Owns from Jersey City, N. J., to Pater$891,156 $1,983,600
H>/ul,27.->
Balance
The road was opened in 1834, and leased Add profit and loss Jan. 1
son, N. J., 15 miles.
14,734.193 15.625,347
14.032.918
In perpetuity September 9, 1852, to the New York A Erie, at a rental of
profltandloss Dec. 31. $44,734,193 $15,625,349 $17,6u8,947
$48,400 per year, and Is operated by the New York Lake Erie A Western Balance
— ( V. 45, p. 11, 1 1 3. 143, 272. 437. 500, 572, 614, 705, 887; V. 46. p. 134
as part of its main Une. J. S. Rogers, President. New York City.
Pennsylvania.— (See Hap)— Line of Road—The Pennsylvania sys- 289. 301, 318, 328, 344, 413, 481, 538, 678, 828; V. 47, p. 109, 256.)
tem embraces about 5,671 miles of railroad, including all east and west
Pennsylvania Company.—The Pennsylvania Company is a corof Pittsburg. At the close of 1887 the mileage operated east of Pitts- poration chartered bv the Pennsylvania Legislature, April 7, 1870, disburg A Erie, on which earnings as reported were based, was divided as tinct from the Pennsylvania EB., and it operates all the leased lines west
follows: Pennsylvania Division and branches, 1,592; Philadelphia & of Pittsburg. The stock is owned by the Pennsylvania RR.
Erie Division, 283 United Railroads of N. J. and branches, 467 total
The registered bonds are secured by deposit of $4,000,000 of Pittsb. Ft.
operated, New York to Pittsburg, with branches, 2,346.
W. A Chic, special stock. The gold bonds of 1921 are secured by a deposit
Organization, Leases, Ac—The charter of the Pennsylvania Rail in trust of the leases of the Pitts. Ft. W. A Chic, and the Cleve. A Pitts,
road was dated April 13. 1846. for a line from Harrisburg to Pittsburg railroads and are also guaranteed by the Penn. RR. Co., the trustees of
The Une from Harrisburg to Philadelphia was under other organizations the mort. being Wistar Morris. Edmund Smith and S. M. Felton. The
Including the State Railroad, and the Harrisburg Portsmouth Mt. Joy A sinking fund is 1 per cent per annum if the bonds can be bought at par.
The whole number of miles operated or in any way controlled
Lancaster Is still operated under a lease though forming part of the
.3- this company is 3,325.
The income account of the company showed
main Une. Road opened in 1854.
The Pennsylvania Company was organized in 1870 as an auxiliary net profits over all liabilities, including fixed charges, of $1,367,883 in
corporation to control all the lines west of Pittsburg A Erie, the Penn- 1882; $872,829 in 1883; deficit in 1884 of $710,220; deficit in 1885 of
sylvania RR. Co. holding all its stock.
$1,094,671; deficit in 1886 of $200,674; in 1887 net profits $675,516.
Stock and Bonds.—The Pennsylvania Railroad stock has been inNew York (Canal and Railway).— Owns
Pennsylvania
creased from time to time, chiefly by the sale of stock at par to stock- from Wilkesbarre, Pa., to N. Y. L. E. A W. BR. near New York State
holders, for the purpose of raising capital for new acqmsitions or better
Line, 104 miles; branches to mines, Ac., 32 miles; total owned, 136
ments. The dividends paid each year since 1870 have been— In 1871, miles: leases-State Line A Sullivan RR., Mouroeto:i to Bernl ;e. Pa.,
1872, 1873 and 1874, 10 per cent each year; in 1875 and 1876,8 per 24 miles; Wilkesbarre A Harvey Lake BR, Kingston to Harvey Lake,
cent each year: In 1877. 4 In 1878, 2 In 1879, 4^; In 1880, 6 and 1 PJ miles; other lines, 5 miles; total leased, 41 miles total operated.
per cent In scrip; in 1881, 8; In 1882, 8*8; In 1883, 8*q; In 1884,7; 177 miles. Operated in connection with the Lehigh Valley RR. as a
in 1885 and in 1886, 5; in 1887, 5>a
outlet, and annual report is embodied iu the Lehigh Valley
The prices of the stock yearly In Philadelphia since 1875 tnve been— northern
Common stook $1,061,700 (par $50) anl preferred stook,
report.
In '76, 45358%; in '77. 245s»49; in '78, 27335 V, In '79 323b»513s; $4,000,000 (par $100). Iu year ending Nov. 30. 1836, gross earnings
In '80, 48»67Vi; In '81. 59183.70%; in '82. 5378 a>65i4; In '83 56>ea64V.
were $2,268,574; net, $662,383. Gross in 1886-87, $2,695,013; net.
to '84, 49i*»61; lu '85. 45%3>56>e; in '86, SlSafceo 1* in 37. 53>s<*ii0; $650,?>90; due to Lehigh Va'ley Nov. 30, 1887. $879,999. 7 per cent
In 1888 to Sept. 21, tool., 524s. ">ij%.
div. paid on pref. stock in '85 and 8 in July, '87.
This company owns 217,819 shares of the Phila. Wilni.A Bait RR., and
Pennsylvania Schuylkill Valley.— Owns from Philadelphia to
the 4 per cent bonds of ly21 are purchased yearly, if obtainable at not
New Boston, Pa. 101 miles, and Frazer to Pluenixvllle. 11 miles:
over par, with the surplus proceeds of Ph. W. A b. dividends.
The collateral trust loan of 1883 is secured by the deposit of mortgage branches, 5 miles; total: 117 miles. This is controlled by the Pennsylvania RR. Co., which leases it for 50 years from Dec, 1885. The
bonds of subsidiary lines to the par value of $12,500,000.
are owned by the Pennsylvania RR. and issued in pieces of
Operations, Finances. &c.-The total cost to the Pennsylvania Rail- bonds
convo'tlble Into $1,000 bonds. There is a siukiug fund of 1
road Co. of the stocks and bonds of other companies he'd in Its treasury $100,000, Stock is owned bv Penn. RR. Gross earnings In 1887, $933,percent.
was, up to Dec. 81, 1887, $108,709,107 (par value of the same $142,over expenses and taxes, $153,916 rental $91,120. Gross In
eST.^oe), most of which Is represented on the other side of the balance ?65; net
net, $41,491; rental $ i3,870. J. N. DuBarry, Pres't.
sheet by issues of Penn. Railroad stock and bonds and other debit items; 1886, $532,143;
the balance to credit of '• profit and loss" was $17,608,947.
Atlantic— Pensacola. Fbv.to Biver Junotlon, Fla.,
Pensacola
A plan of buylDg the company's guaranteed securities with 1 per 160 miles. Road completed Feb., 1883. Operated by Lou. A Nash, since
cent of the net income per year Is In operation, and up to Jan. 1, 1888, Jan.. 1885, and connects its system with the roads of Florida and So.Ga.
there had been purchased for the fund securities ot the par valu« at Stock, $3,000,000. To June, 1887, the company had acquired 1, 860,42a
•5,584,400, which yielded an interest of 6-94 per cent per annum unon of the 4,000,000 acres of laud granted by the State of Florida and had
Vie imrchaAc price.
sold 397,041 acres. In 1886-7 167,082 acres were sold for $152,093.
From Jan. I to July 31, 1888 (7 mos.), gross earnings on lines east of In addition to the bonis above given there are $975,000 6 per cent
Pttsburg and Erie were $32,680,611, against $31,025,088 in 1887 net, land grant bonds issued to the Lonlsv A Nashv. RR. In year ending
$10,29 '.,169, against $10, 157.921 In 1837. Deficit on lines west of Pitt* June 30. 1886, gross earnings were $294,616; net, $33,679. Iu 1886-7
burg and Eric. $154,012 In 1838, against surplus of $251,390 in '87.
gross, $312,152; net deficit on operating. $4,335; Interest. $221,150
The report for 1887. was in the Chronicle, V. 46, pp. 318 and 322. other interest, $5,0 19 taxes, $17,069; deficit for year, $256,772.
A summary of the total business of 1887, compared
with previouf
Peoria A Bureau Valley.— Owns from Bureau Junction to Peo
years. Is shown in the following
ria, III., 47 miles. The road was leased in perpetuity April 14, 1854, to
IARNIN08 ON ALL LINES BOTH EAST AND WEST OF PITTSBURG & ERIE. the Chicago A Rock Island Railroad at a rental of $125,000 per annum.
•
;
;
1
&
;
;
;
;
;
A
;
;
;
i
Grossearnings
Operating expenses
1885.
1886.
1887.
$92,i>»4,549 $101,697,981 $115,515,506
61,690,901
Net earnings
67,102,714
77,238,082
$31,303,648 $34,595,267 $38,277,424
all receipts and expenses of the
Pennsylvania Railroad proi>er. but not including the roads west of Pittsburg A Erie operated by the Pennsylvania Company. The account for
the years 1885, 1886 and 1887 was as follows:
The Income account below embraces
Peoria Decatur
A Evansvllle.—Owns from
Pekin to Evansville,
New
Harmony. Ind.. 6
branch— Stewartsville, Iud„ to
miles;- leased, Pekln, 111., to Peoria, 111., 10 miles; through Decatur,
of the
consolidation
This road is a
3 miles; total, 254 miles.
So. and the
Pekin Lincoln A Decatur RR. and the Decatur Mattoon
Evansville
with
the
Mat. The road is operated in harmony
Giayvllle
Tcrre Haute. (See full statement of the Co. and balance sheet In V.
44, p. 552.) Annual report for 1887 In V. 46, p. 351. Gross earnings
in 1886, $814,744; net, $336,981; gross in 1887, $876,474; net, $351,-
235 miles;
A
A
A
I
/
September,
<\l
I
1888.]
I
fir***
j;
*
E I
fj
ff
li
vy-_
V
:
RAILROAD STOCKS AND BONOS.
#
L\
¥9,
<f>
* \
?
»s
\
s
95
»
96
..
INVESTORS'
SUPPLEMENT.
[Vol. XLV1I.
Subirrlberi will confer a great favor by giving Immediate notice of any error (Uncovered In these Tables.
Bond i— Prinol
INTKRE8T OR DIVIDENDS.
DKtM'RIPTlON.
Date
Miles
Size, or
Par
of
For explanation of column headings, Ac, see notes of
Road Bonds
on tint page of tables.
Philadelphia <t Erie.- (Continued.)
Gen.M.,g.,guiirby Pa. RR.f$5,203,0O0g. 5s) _e.tr
Debenture bonds, B. f. $l5,000y'ily, ilr'nat par .r
Phil. Germ. <t Chestnut Hill— 1st M.,gu. by Pa. RRr
Phil, derm, d ,\orri»l'n—Stk. 12 % reut.,Pn.AR. RR.
Philadelphia Xeictown <t Sew York—Stock
7
29
21
A
do
do
1843
1843-9
1857
1868
1871
1873
1882
1888
327
327
327
327
1-88
1888
1888
& R. Coal A
1"
1872-4
39
506
<*
1887
Plain bonds, registered
or trusts redeemed, $48,000; sutplus, $33,987.
46, p. 351.)
Peoria A Fekln Union.—Owns from Pekin to Peoria, 10 miles
on each side of 111. River; total operated, 20 miles. The road is a union
road, and the stock of $1 ,000,000 was taken by the different Peoria
RR. companies, and they pay a rental for use of the road and also pay
terminal charges. See full description in V. 36, p. 253. In 1887 gross
earnings were $384,872; net, $173,521; surilus over interest and
807; interest. (269,820;
—(V. 45,
p. 26; V.
charges $175
perl
Cent.
I
"B"
"Of
I., purchase money mort. bonds
Trenton—Stock, 10 p. rental. Penn. RR.
Philadfluhiu Wilmington cC Baltimore—Stock
P.
PhUa.
....
....
1877
21
Consul, inort. ($8,162,000 are gold 6s) op. or reg
Improvement inort., gold
Oonsol. M, of '82, 1st ser., gold, $ A S,
c*
New gen. inort., gold ($100,000,000)
o*&r
1st pret. Income M., not cum. ($.'4,400,000)...
c*
2d prcf. income M„ not-cum. ($22.500,000)
3d pref. income M.. in.teum. (part convtrt.).--c*
Deferred income bonds (coming after stock;..
Car Trust Cert neat ex, Series "A"
do
do
1885
1883
i
Amount
Outstanding Rate
5A6g.
$1,000 $10,943,000
1,000
1,470,000
4»s
1,000,000
4ifl
1,000
50
2,231.900
3
50
1,200.000
100 Ac.
700,000
6
50 39,224,500
£500
967,200
6
1,500.500
1,000
6
500 Ac.
79,000
6
1,000
2,700.000
7
200 Ac. 18,811,000 6 g. or 7
1,000
9,364,000
6 g.
f- ,953.328
500 ike.
5g.
l.OOOAc 29,682,000
*«.
1,000
24,0110,00
5g.
16,000.000
1,000
5g.
l.'OO
19,750,000
7,569.645
1,000.000
6
612,(100
6
1,080,000
4<s
500 Ac. 12,805.805 5,6 & 7
100
1,259,100
2»a
50
11,819.350
3
1,000
1,000,000
4
1869
287
Read.,eoap
Philadelphia <e Reading—Stock (for $ 39.480,030)..
Mortgage loan, sterling, coupon
dollars, coupon
do
do
convertible, coupon
Mortgage loans, coupon
1st niort.. guar, by Phlla.
Value.
|
When Where
pal, When
Payable, and by
Whom.
Payable
Various Philadelphia
A
&
A London
A. Philadelphia. Penn.RR,
N. Phlla., Penn. RR.Oftice,
Q.— M. Phi la.. Treasurer ol Co,
P.
M.
A.
J.
J.
J.
A.
J.
A.
M.
J.
& 0.
AJ.
A J.
& J.
A O.
A D.
A O.
A N.
A J.
Feb.
F.b.
Feb.
F.
M.
Phlla.,
1.
4th
So.
St.
union.
Philadelphia, Office.
do
do
do
do
do
do
do
do
do
do
coup, due Feb.
1. 1 st
1.
1.
A A.
A S.
227
do
do
1st coup,
do
do
Q-M.
J.
A.
A
A
J.
Phlla.,
do
1
,
due Feb. 1,
do
do
S.
Oct.
1,
1897
May
July, 1910
July, 1910
July, 1910
Oat. 1, 1893
June, 1911
do
do
233
1920
1915
1913
1888
Feb.
Oct.
4th
do
1897
1922
1,
1.
Jan. 1, 1958
'89 Jan. 1, 1958
Jan. 1, 1958
Jan. 1, 1958
Ii redeemable.
'89 $2(10.000 y'ly.
102,000 y'ly.
120,000
1892 to
Phil'delphia.Co.'s Office
O.
Oct.
1,
1,
1,
3,
July,
May
Various
Q.-J.
Due.
Stocks— Last
Dividend.
St.
y'ly.
15-02
Oot. 10. 1888
July
2,
April,
1888
1917
Organization, LEASES. Ac—The Philadelphia A Reading Company
was chartered April 4, 1833, to build from Philadelphia to Reading, and
May 13, 1872, the Mount Carbon Railroad was merged and became
part of the main lino. Road opened Philadelphia to PottsviUe InTlan.,
1842. The Philadelphia A Reading Co. leases a number of roads in
on
Pennsylvania, including the Catawissa, Chester Valley, Oolebrookdale.
Mine
iinsylvania. Little Schuylkill.
Hill. .Schuylkill Valley, Phila-
Philadelphia & Chester, Snamokil!
Lewlsburg, SehuylUill A (.ehigh and some minor roads; also,
the North Pennsylvania RR. and Delaware A Bound Brook, forming the
Hue from Philadelphia to New York, and controls Reading A Columbus.
The fiscal year ends Nov. 30. The annual election is held early in Jan.
The Philadelphia A Reading Coal A Irou Company is a corporation
formed (Dec. 12, 1871) for the purpose of owning and working the exdelphia
Germantown A Norrlstown,
under Sunbury
A
Receipts in 1886. $226,352; net, $48,365 deficit
and taxes, $23,977. A. L. Hopkins, Pres't, N. Y.
from Perkiomen Junction, Pa., to Emails
Junction, 39 miles. The road was leased for 19 years from Aug. 1,
1868, to Phlla. A Reading RR., and bonds guaranteed by the lessees but
the property was surrendered in May, 1879. Stock subscription, $38,- tensive
coal properties of this company. The Phila. A Read.RR. Co. owns
040. Reorganized in 1887 and the new mortgage for t>2,25o,0i>0 issu-d all the
stock ($8,000,000) of the Coal A Iron Couipa
to retire old bonds, etc. There was due Phil. A Read RR. Nov. 30,
rheP.
A R. Railroad Terminal Company with $3,500,000 bonds and
87, on loan ace't, $781,120; on current acc'r, $51,621. (V.45,p. 3,
$3.6 0.000 stock was organized as per statement lu V. 46, p. 413.
473, 705; V. 47,p.81.<
Under the reorganization agreement the right to vote on stock is vested
Petersburg. -Petersburg, Va., to Weldon, N. C, 63 miles. In May in five trustees till Aug. 1, '92; these are J.Lowber Weleh.J. Pierpont Mor1877, a receiver was appointed, but steps were taken by second mort- gan, John Wanamaker, Austin Corbin, and a fifth lobe selected by them.
gage bondholders to prevent a sale, and reorganization was made with
Stock and Bonds. The common stock remains of the same amount
$323,500 preferred stock and $1,000,000 common stock; par $100. as before reorganization. The dividends paid on Philadelphia A ReadFrom Jan.l. to July 31, '88 (7 mos), eross earn'gs were $258,919, ag'st ing stock from 1870 to 1875, inclusive, were 10 per cent each year; in
«210,61o in '87; net, $100,143, ag'st $95,82-1. In year ending Sept. 30, 1876 2!« per cent was paid and nothing since.
*87, gross eai nings were $351,889; net, $122,096; surplus over interest
The range of P. A R. stock yearly in Philadelphia since '75 (shares $50
and guar, dividends on pref. stock, $7,817; dividend No. 1 on com. par), has been In 1876, lS^o!^; iu 1877, 10s>20i4; in 1878, ll%a
stock (3 per cent), $28,824. In '85-86, gross earnings, * i -.j, o96; net, 19%; in 1879, llia®3758; in 1880, 6%a36ia; in 1881, 2538®37H: In
$160,934 -(V. 46, p. 574.)
1882, 23189 33% in 1883,23i2®30i«; in 1884, 8>s3>30H; in 1885.638®
Philadelphia
Baltimore Central.— Philadelphia to West- 1278 in '86,9 »s®27; in 87, 17%@35'78 in '88, to Aug. 10 incl., 25 7a o.313a;
Chester, 26 miles; Westchester Junction to Octoraro Md., 46 miles; new stock, Aug. 11 to Sept. 21 incl., 24><>®27*4.
Operations, Finances,
The Philadelphia A Reading Co. haj
leased Chester Creek Railroad, 7 miles total operated, 79 miles. This
was a consolidation, Oct., 1881, of the Philadelphia k Baltimore Cen- been the largest of the anthracite coal carriers, and through its auxiliary,
tral and the Westchester A Philadelphia railroads. Of the new Jtock the Philadelphia A Reading Coal A Hon Co., became a largo owner of
Philadelphia Wilmington A Baltimore RR. holds nearly all and operates coal lands- In May, 1880, receivers were appointed and held possession
the road, paying over net earnings as rental. In year ending Oct. 31, till Hny, 1883. lu Juue, 1884, the company again went into receivers'
1887, net earnings were $143,184; deficit under charges, $1,830. In hands, and so remained till Jauuar.i 1888.
In Feb., '86, the Drexel-Morgau syndicate was formed, and the plan of
1885-86, net earnings, $166,129; surplus over charges, $20,859.
was published at length, as modified, in the Chronicle of
Philadelphia
Erie.— Owns from Sunbury to Erie, 287 miles. reoi'unizatiou
Deo.
18, V 6, on p. 747 (V. 43. p. 747) and out of $132,942,626 of bonds
Formerly Sunbury A Erie RR. It was leased to Pennsylvania RR. for
1
999 years from Jan. 1, 1862, the lessees to pay 30 per cent of gross and stock of the Reading aud its loosed companies less than l ^ per
receipts as rental, but modified January 1, 1870, so that actual net cent refused assent to the leurganization scheme, while of the $5,768,722
receipts are paid as rental. The general mortgage is guaranteed bv the first series consol. fives not deposited, the holders of nearly all agreed
Pennsylvania Railroad and the interest on the 6s is paid J. A J., on the to accept] aynioutof their bonds at any time.
The general, and first, seeoud and ihird preferer ce income mort6 per cents A. A O. The unpaid coupons are held by the lessee for advances, and by terms of adjustment in Jan., 1885, made with the Peima. gages (Trustee of all Penn. Co. for Ius. on Lives, etc.. of PhiladelBailroad Co. the P. A E. issued $1,500,000 debenture bonds at 4% per phia) cover iu addition to the 327 miles of road owned, the title to
oent, secured by the overdue coupons held as collateral. The Penn. RR. lines (mostly leased for 999 years), all real estate, rolling stock and
OO. owns $3,501, woo common and $2,400,000 pi et. stock, $1,470, ouo vessels of the Company. $s,oo0,000 P. A R. Ceal A Iron Co. stock, as
debentures and $3,680,000 6 per cent general mortgage bonds, and the well as the real estate of that Company, and subject to a> mortgage as
P. A K. UK Oo. dated July 1, 1874, stojk In other coal and 'r m comcity of Philadelphia (s. 1.) $2,250,000 common stock.
panies amounting to $7,-148.975. An abstract of the general mortgage
.„*?;'" /. Jaullur} 1 , to Jul >' 3I > 188a (7 months), gross earnings were was in the CHRONICLE, V.
46, p. 679,andof the preference income mort
$2,338,012, sgst. $2,251,377
in 1887; net, $932,943, agst. $943,23;..
gages In V. 47, p. 141 and 142.
Last report was in Chronicle, V. 46, p. 2 . 6, giving the f ollowing
The Interest on all the preference income bonds Is payal lc yearly on
INCOME ACCOUNT.
Feb, 1, and the first coup, falls due Feb. 1, 'f9. incluuli g int. from June
Receipts—
1884.
1886.
1887.
J8S5.
1, '87, 'o Dec. 1, '88, tho full ain't to be paid thus being ' h percent, if
Total earnings
$3,660,146 $3,892,253 $3,708,485 $4,036,930 earai d. The net earu'gs are defined in the inc. mort's as the profits of
Wet earnings
1.458,0s0
1,292.880
1,4H5,953
1,579,883 the RR. Co. for each fiscal year end'g Nov. 30, derived from all soi reee,
Hents....
9.120
8.471
10.836
13,390 after paj ii g operat'g expensi s, taxe>, and existing rentals, guarantees,
anil int. charges (but not fixed charge* of Hie same sort subsequently
Total income
[11,467,200
51,301,351 $l,47o,789 $1,593,279
cieateil); also, alter deducting expenses of "renewing, replacing and
Total dlsbursem'ts
1.250.218
1.187,713
1.339,3 28
1.472.298 repairing its said propel
ty and piemises, Including such reasonable imSurplus
$210,982
$113,1:38 . $137,401
$12<,,»»JL provements thereof an d additions thereto as shall be necessary ior the
-(V. 46, p. 134. 220 371.)
safe, proper and economical operation of the same."— (V. i7, p. 250.)
Philadelphia Uermantown A: Chestnut Hill.— In Philadelloan article in the CimoNICLK of May 26 (V. 46, p. 665) the future
Dhltt from Oeimaiiiowu June, on Connecting Railway,
to Chestnut Hill, liabilities were thus stated:
1883, leased for 30 years to the Pennsylvania Total annual charges lor interest and rentals
$8,021,518
l% He8^.^,h0IuMay
\f
a, tt ut,, e 84
422,000
Per «'»t°" the bonds. Rental net earn- Annual instalments on account of car trusts
JSL There
2 is a slnkingfund
ings.
of $10. 000; bonds purchased, not drawn at $24,039,000 of first preference bonds ® 5 per cent
1,201,950
,75 ° ."' U "' *' 00,M 00 Ht< "' k (m,r :30) Gr ° 88 $i0,126,000of seeoud preference bonds ® 5 percent
800,300
f-arnli^Jn
SnT-n ; not over expenses and taxes, *
earnings
in 1887, «i
$1/0,421
$19,762,000 or third preference bonds ® 5 per cent
988,100
$25,161.
* Total of all charges preceding stock
Phll " delpl "" fjermantown 4c Norrlstown. Philadelphia.
$11,439,863
p„
prrittowu, Pa.. 17 miles; Germantown Branch, 3 miles; PlyFrom
Dec.
1, 1887, to July 31, 1888 (8 mos.), gross earnings of P. A
£ !.i? e
2 mne«- The Property was leased R. RR. were * 12,803,2 0, ag'st $ 13.555,867 in '80-S7 net, $5,630,535,
?.
S eei^i^li
adeI,,1
11
k Heading
Including Coal A Iron Co. net earnings were
RR. for 999 years at a rental oi against $6,79.1,755.
f
r,ui yearly
*26<i
™,t $8,000
$26.1,623
and
for organization expenses. Dlvi lends or 12 $5,693,804, against $7,192,014.
per cent per annum are paid regularly. Stock
year
The
fiscal
ends
Nov. 30; the report for 1886-7, In V. 46, p. 73,
$2,246,000-par, $50.
a lp , . Ne ,ow »
NewYorfc.-Owns from Erie Ave., showed the following:
,o?
^
rilla.1, ipinu.
1886-87.
1885-86.
io Newtown. Pa., 21 miles, stock, $1,200,000
(par $50)
The bonus were guaranteed by the Philadelphia A
Net earnings RR. Co
$8,482,057
$10,981,572
Reading Rl< Co The Net earnings Coal A
Iron
Profit.
1.448,482
8
Co
Loss.
1,147,055
i,H
and in
*™>
iS'vlaVehd 8
* V:,;
.r '87. gross earnings were
«ov. 30.
$*8.191: dell, it under
i™V?F en,UI1
operating
Total net both companies
expenses, $2,538, against deficit of
$7,335,602
$12,430,054
$6,179 In 1885-86.
Deauct—
Philadelphia
Heading.— (Sec Man.) Line of Hnin_nmi.S Rentals
RR. Co
$3,620,939
$3,300,383
**«"?• P »" 8 '""™ =° r,u?Xs7w^d Interest RR.Co
6,222,863
5,478,132
'StSniSa
v.7
7
!<,8;
a, 8 controU<d 76 miles: total operl
"7
Interest
„:!','
Coal
Iron
A
984,684
794,272
Co
ted Novci, I ,er
.•,n
T.? l
EST*
1
IE 7, %S 1 mi| es. The Shamokin Sunburv A Lowisnurg
•rt
toe Jersey
Shore
Pine Creek A Buffalo and other lines ton tffi
Total
deductions
$9,572,787
$10,828,486
connecting roads 10 the N. Y. Cent. A H. at
Geneva and
Balance, both companies
Deficit. $3,492,884 Surplus. $2,857,267
;
Interest, rentals
Perklomen.— Owns
;
1
—
A
;
;
Ac—
;
,
A
;
1
'
;
m
m
^
im
>
',
.
,
'
'
-
Zin^-Mniin
;
«
1%
i
V
"
Pm^V
&
i
?sH
,
«•*«
0.1,^:^0.
A
SMes
'
"T
.
,
'
L^n^KY"
SKPTEMBtB,
18S8.J
RAILROAD STOCKS AND BONUS.
9r
-
.
:
:
INVESTORS' SUPPLEMENT.
98
[Vol. XLVII.
Subscribers will confer"* great'favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date 8lze, oi
.When Due.
Amount Rate per When Where Payable, and by pal
Par
of
note*
of
Stocks— Last
see
For explanation of column headings, Ac,
Cent.
Payable
Road Bonds Value. Outstanding
Whom.
Dividend.
on first page of tables.
Phila Wttm. * Hull.— (Continued)—Plain bonds...
Plain bonds
do
(for $1.000,000)
do
Piedmont it Cumberland— 1st inort., gold
Pin* Creek.— 1st niort,, guar
PUU. 0. * St. L.— 1st M., oonsol
2d conRol. mortgage
1st mort., Steub. A Ind., extend. In 1884
Col. * Newark Division bonds
Hollldav's CovcRR. mortgage bonds
0*
80
cAr.
c
r
c
e
PitUb. Clere. * Toledo— 1 st M., gold, Int. guar. , B. AO.
fittsb. it Connellsrille.— 1st mortgage
1st mortgage Turtle Creek division
Consol. mort., guar. B. & O. (s. f. £7,200 pr. vt.)..
2d oonsol. mortg., gold (pledged forB.AO. bonds).
PitUb. ft. Wayne it Chie.—Stock, 7 pet., guar. Fa.Co.
Guaranteed special improvement stock
190
199
125
33
7
78
149
10
149
149
468
468
468
468
468
syr- .esses
si
;r-
Qra
araWQ
[
Sdmortgage
S
PUUburg Junction— 1st M., gold
Pittsburgh. Lake Erie— Stock
cum -
I
c
mortgage, gold, coupon
Pittsburg ilcK. it Yough.—Coan.
1st
A
L. E.
stk., guar. P.
M. 8..
1st mortg., guar, by P. 4 L. E. and L. 8.
2d mortgage for Si, 750.000
c*
Pittsburg fatnesntle <t Fairport— 1st M.. gold
c
Pitlsb. S/ienango it L. trie— la' moit. gold
Pitlso. Va. <* Charleston 1st mortgage, gold
Pittsburg <t Western— 1st M.,g.(for $10,000,000). c"
A
—
1st
mortgage Pitts. N wcastle A Lake Erie
Pitts. & West
800.000
1,000,000
251.000
650,000
3,500.000
1808
l'.doo
1859
1876
1885
100 Ac.
£200
100 Ac.
100
100
500 Ac.
500 A3.
500 Ao.
1,000
50
1,000
50
1,000
1,000
1,000
1,<00
1,000
1,000
850,'
500 Ac.
The following ta le shows traffic and Joint earnings for eight yearc
e xclnding the business under Central RR. of New Jersey lease
1
TRAFflC AND KARNINC19 OF RAILROAD AND COAL & IRON COMPANIES.
Out}
lip
il
Net e'rnings
of RR. and
Coal it Iron
companies. companies.
of
coal
iCo.ai.
>., tons
2240
Cross re-
ceipts both
/6s.
4,696,l06l$32 177,003
5,422,600' 35 286,463
300,162
5,624,789
6,074,131
045,615
5,672,6-4
009.753
6,040.178
343,501
6,20 ',202
683,096
6,901,497
188,737
J880..
1881..
1883..
1883..
1881..
1885..
1886..
1887..
$8,861,138
10,051,898
10,647,770
11,855,181
8,950,554
7,926,304
7,33 5,603
12,430,054
The
A.
A.
8»
F.
J.
F.
A.
J.
F.
A.
J.
do
do
do
New
York.
Bait.. Bait. A Ohio
RR
J.
J.
J.
A
A
A
A
6
A
6
A
A
A
5g
5
A. A
g J. A
7
J. A
-
-
6
statistics of the report for
Net earnings
P.o.of op.ex.to earn's
Jan.
1,
1890
Feb. 1, 1893
Oct. 1, 1922
July, 1898
Bank Aug.
J.
J.
Total gross earnings.
Op. exp. and taxes..
June, 1910
Nov. 1, 1922
Aug. 1. 1911
Dec. 1, 1932
Aug. 1, 1900
April 1. 1913
Jan. 1, 1914
1889
1926
1925
Oct.
1888
Oct.
1888
July
1912
July
1912
July
1912
J. Pltts..Tradesin'8Nat Bii July
1922
J Pittsburg, Co.'s Office. July 24. 1888
J. N. Y., Phila. A Pittsb.
Jan. 1. 1928
J. N.Y., Union Trust Co.
July 1, 1888
J.
do
do
July 1, 1932
do
J.
do
July 1, 1934
J. N. Y.,Mercantlle.Tr.Co. July 1, 1916
New York.
J.
July 1, 1938
Philadelphia.
O.
April 1, 1912
J. N.Y..Drexel, M. A Co.
July 1, 1917
D.
do
do
June 1, 1898
do
do
Oct. 15. 190p
Pittsb., First Nat.
!*•
Jan.
Feb.
1,
1,
1,
3,
2,
1,
1,
1,
1,
1887 are as below
1884.
4,045,257
2,731,960
1885.
4.033,623
2,681,633
1886.
4,752,S96
3,130,690
1387.
5,808,378
4,017,219
1,313,297
67'53
1,351,990
1,621.906
1,791,159
6648
6587
6916
INCOME ACCOUNT.*
1884.
Receipts—
Net earnings
Rentals and interest
Net from l'sed roads.
1885.
$
1,351,990
4,835
378,330
Miscellaneous
1887
$
1886.
$
$
1,313,297
4.624
423,531
1,621,906
4.974
432,897
1,791,159
5,778
654,955
2,059,777
2,451,892
931,518
933. B83
646, 190
133,104
646,990
150,051
14,172
113,217
589
Totalincome
Disbursements—
1,741,452
1,735,744
$
849.920
646,990
183,850
105,000
$
830,881
646,990
178,615
52,500
33,011
42,003
27,888
66,917
"Cin.AMus. V. RR.
Mor- Miscellaneous
26 miles and Tioga Branch, 1 mile. leases Trenton Bridge.
Connecting Rai'road, 7 miles, aud Frankford A Holmesburg Railroad, 4
On Dec. 1, 1871, it was
miles; total owned and leased, 39 miles.
leased with the United Companies of N. J. for 999 years to the Penn.
BR., at 10 p. c. on stock, and is operated as a part of its N. Y. division.
do
N. Y., Nat. City Bank.
Phila., Pa. RR. Office.
5*
Rentals paid
Pa., to
Phila. P. A R. RR. Co.
Phila., Pa., RR. Office.
Oct. 1. 1892
April 1. 1900
\A
7
00
233 8o. 4th St.
do
do
do
do
do
do
New York and Bait.
Phila.,
7
1%
1%
7
Interest on fund, d'bt
Other interest
Int.onC.AM.Val.bds.
Losson8t.L.V.AT.H.
risville, Pa.,
J.
A O.
A O.
A D.
A N.
A A.
A D.
A A.
A O.
A J.
A J.
A A.
A O.
A J.
A A.
A J.
A A.
London. J. S.MorganACo
New York Agency.
N. Y., Winslow, L. A Co.
do
do
Various
do
do
Various
do
do
A. A O
do
do
(V. 45, p. 26, 54, 85, 143, 211, 240, 272. 305, 341, 438. 473. 509, 539,
572, 600, 705. 743, 792; V. 46, p. 39, 73. 76, 134, 171, 289, 413, 464,
538,6 5,670,699,739,772, 803, 819. 8:8; V. 47, p. 22, 81, 109, 141,
142, 161, 256 278. 287.)
A Trenton.—Owns from Kensington,
M.
7*'
6
6g.
5g.
The average annual net earnings of the rai road and ooal companies
for eight years- 18:0-1887— were $9,757,311
Philadelphia
I.
7
5
7
6
1,000,000
2,500,000
3.000,000
9,350,000
219.000
81,000
Old
6
6
5
4
7
6,863.000
2,500.000
3,000,000
134,000
120,000
2,400.000
4,000,000
326,600
6,292,000
10,000,000
19.714.286
11,244,400
5,250,000
5,160,000
2,000,000
1,440,000
2,050,000
2.000,000
3,100,000
2,250,000
1882
1871
1862
1862
1862
4*4 1881
70
70 1878
65 1884
62 1882
62 1884
62 1886
111 1888
70 1882
226 1887
1878
*$\
°
$700,000
1872-1 $1,000
1,000
1875
IK so
1.000
1.000
1887
1,000
1886
1883
1,000
1808
1,000
1,000
1873
1,000
1864
1864
1.000
1,000
1863
;
Philadelphia Wilmington
;
;
;
stock of the Phil. A Bait. Cent.
From '68 to '»7, inclusive, divs. of 8 p. c. were paid in '67. 7 p. o. In
April, 1881, nearly the whole stock was purchased and is held by Penn.
RR. Co. Fiscal year ends October 31. For four years the income
account was as follows:
;
INCOME ACCOUNT.
1883-4.
1884-5
1885-6.
1386-7.
1,888,662
def. 147,2 10
Balance
•
A
Exclusive of Col. Chic.
A Baltimore.—Mileage as follows:
Philadelphia Wilmington A Baltimore KB., 122 niiles; Philadelphia A
Baltimore Central, 79; Delaware RR., 100; Queen Anne A Kent RR..
26 Delaware A Chesapeake, 55 Cambridge & Seaford RR., 27 Del.
Md. A Va. RR, 98 miles total operated, 506 miles. Owns over half the
;
Total
1,775,903
1,725,784
1,848,944
def. 40,159 sur. 333,993 sur. 602,948
Ind. Cent.
GENERAL BALANCE AT CLOSE OF EACH FISCAL TEAR.
Assets
1884.
—
$
RR., equipment, Ac.
Stocks owned, cost..
Bonds owu«d,
oost
.
Bettcrm'ts to l's'd r'ds
Bills Aaccts. receiv..
Materials, fuel, Ac. ..
Cash on hand
Cin. Str. Conn. By...
Profit A loss balance
1885.
1886.
$
870.740
20,798,277
1,085,967
23,750
21,744
1,119,287
292,014
258,918
64,639
396,124
,036,391
1887,
$
21.202 077
1,085,967
389,995
276,134
64,639
428.482
20.965,392
1,085,967
23,750
16,021
951,613
330,697
322,015
64,639
119,300
24,060,720
24,214,263
23,879,426
24,370,071
2,508.000
5,929,200
12,617,000
1,451,050
845,826
262,500
2,508,000
5,929,200
12,617 000
2,013,724
845.826
262.500
38,018
2,508,000
5,929,200
12,617,000
1,680,136
845,290
262,500
37,298
2,508,000
5,929,200
12,617,000
1,787,248
759,639
262,500
37,299
469,185
24,060,720 24,214,268
23,879,426
24,370,071
0--5.967
23,750
38,17
16,130
1,191,589
580,465
293,843
64.639
$
5,820,323
1,855,178
133,496
6,678,588
1,78*,816
122,373
6,001,761
1,862,630
146,378
6,007,805
1,471,028
154,788
Total assets
Liabilities—
Stock, common
Stock, preferred
Total net Income... 1,988,674
1,911,189
2,009,008
1,625,816
Bonds
386,631
200,000
47,686
945,548
11,674
367,650
200,000
47,697
945,548
13,605
374,852
204,172
47,698
945.548
44,284
Profit
1,581,542
319,647
1,574,501
1,616,554
9,262
(,ross earnings
het earnings
Ott er receipts
Disbursement*—
Bentalspaid
Interest on debt
Taxes
Dividends, 8 per et....
Miscellaneous
331,338
201,485
47,682
913,604
14,543
Tot.dls'ts.inc.Jp.c.div.l.SSS.eSS
450,016
Balance, surplus
434,507
Piedmont A Cumberland.— Road
$
All other duesA ace'ts
Due Little Miami RR.
Cin. Street Conn. lids.
Miscellaneous
A loss balance
Total liabilities
-(V. 46, p. 172.)
..
447,144
Pittsburg Cleveland A Toledo.— (See Map of PiUsb. it Western.)
—From Newcastle Junction, Pa., to Akron, O., 77 miles. Stuck $3,000,
00, par $50. Leased in Jidy. ls84.for9 years, to Pittsburg A Western,
which was controlled by Baltimore A Ohio, and the Baltimore & Ohio
interest on the P. C. A T. bonds (see terms In V.
39, p. 607.) In 1888 road was to be sold under a judgment, but subject
From July 1, 1887, to Feb. 29, 1838,
to mortgages and lease.
gross earn's were $335,934 net $114,679; surplus over interest about
Pine Creek.—Stokesdale Junction to Newberry Junction, Pa., on the $18,679. In the year ending June 30, 1886, gross
earnings were
Corning C. A A. Road. 75 miles. Formerly Jersey Shore Pine Creek A Bufl
interest, rentals, Ac, $260,802
406,825; net, $132,462
deficit,
BR. It is operated by the Fall Brook Coal Co., and forms a connection t 12-.340. (V. 45, p. 727.)
between Philadelphia A Reading lines and N. Y. Central, and bouds are
Pittsburg A Connellsvllle.—Owns from Pittsburg, Pa, to
guaranteed by these companies aud the Corning C. A A., on the condition tlnit guarantors shall advance money for Interest if needed and Mt. Savage June, Md., 147 miles; branch, 2 miles leased lines, 22 miles;
take 2d mortgage bonds for such advances. Stock $1,000,000; par $50 total. 171 niiles. Leased to the Bait. A Ohio Railroad sines Jan. 1,
Block Mid bonds wore largely held by Mr. W. H. Vanderbilt. Gross eam- 1876. The city of Baltimore trausfened its interest to the Baltimore Railroad for $1,000,000, and the consolidated sterling mort/rigsin 1886, $470,188; net, $121,536; lent of road. $141,056; deficit
gage was made and guaranteed by the Baltimore A Ohio, of whloh
f}fj?32l ,n , 887 i,? ro8fl *J12,?44; net, $228,612; rental to P. U, enough Is reservod to retire the prior bonds. It is operated as the
$187.777 surplus, $40,835.
Pittsburg Division of the Baltimore & Ohio RR. In 1884 the Bait. A
Pittsburg Cincinnati A St. touls.-Owns from Pittsburg, Pa., Ohio issued its bonds for $10,000,000 secured by pledge of the above 2d
to Columbus, Ohio. 191 uUes; branches, 15 miles; total, 206 uiles- oonsolidated mortgage of the Pittsburg A Connellsville RR. 8tock Is
ilils wtl a consolidation of several companies,
May 1, 1868 In $1,944,400: par, $20. In year ending Sept. 30, 1887, gross earnings
eluding tb« Steiihciivllle A Indiana and the Pan Handle roads!
were $2,599,074; net, $1,004,263.
This
pany Is continued by the Jean. Company, through the ownership com
of a
Pittsburg Fort Wayne A Chicago.— Owns from Pittsburg, Pa.,
t
St "'; K T e P C
St
"'*"
L
,1U8 lcasi s of tfa e ""le Miami
*
to Chicago, 111., and branch, 470 miles.
Made default Oct. 1, 1857. and
ES
?. I
^l rt
P
dependencies.
and Its
< nummn stock.
$2,508,000; first nref. $2,929 200tgaln
In 1859, and was foreclosed Oct. 24. 1861, and reorganised under
second preferred, $3,000,000; par value of shares $50 Pirn hr
title Feb. 26. 1862.
Ibis
On
June
the company 1 ased all Its
27,
1869,
owns fS^OOO 000 pref stock Authorized smonn o? ist mort $10
000
road in perpetuity to the Penn. RR at a rental equivalent to interest,
000. of w
1, *.!., 37.000 reserved
The Co. is liable for S^STO ChS
dnking
fund
debt,
and
per
cent
of
7
on
$19,714,286
stock, which was
Street Connection By bo d» a-r.umed. There
arc, also <-»r
»»«""»"
car nusis,
trusts wnicli
whin
Increased at that dine from $11,500,000. The lease was transferred
rolled tor an outlay of $7> .0.1 In 1887.
subsequently to the Pennsylvania Company. The lessees are to keep
extends from Piedmont, West
Va. to Cumberland, Md., 30 miles. It connects the West Va. Central A
Pittsburg RR. witb the Pennsylvania RR. system, and has a traffic contract guaranteeing 5 per cent or gross earnings to and from this road
over the Pennsylvania Railroad. H. G. Davis, President.
i
Company guarantees
;
;
;
;
'
,
;
'
-
,i,
-
-
-
IM&J]
RAILROAD STOCKS AND BONDS.
«9
—
,
SUPPLEMENT.
INVESTORS'
100
[Vol.
XLVII.
Little Valley"
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r>~^~ A
'Clarion.
BrooTcsvUle*
"qxburg s—sj
"
Troy
*
^(Youngsf own
H«*elton^Si>v
/SUgoFur.
Parker
filmlngtoni
'•
,
!?i»Vg
\ Canflt-ld
-
tji^y^
[(New CastH
.
Clay ville
Jlahoning
MAP OF THE
*iUma
^Vurtenftmrg
^
PITTSBURG, SHENANGO
(IJgf
Maelt
.
Hoinewood 1
Ttenfrew/j*
<o
Pabolds/S?
Delano
ASTD
vSaxonLurg
Lake Erie
jhesteV
B*aT
4r»
%^&v
Cillery
%>•
Jc>I
Sarversvillc
J)owneyvllle
%>,
Talenclal
r
l*|*
OlbsoniaJ?
"Wbodlawn
J
XMnwoodf
oKendalL
ElUuft.vJlK.lj
7iIon\our
rhtpcriaio
Jc^>0^r\
"
rc " tu
n.
A^D CONNECTIONS.
a
'VZXLeecliu\r^h
T0,,:nS"'
Log.nsFerftJ
Ir*'i/yjtiitfim
OHomcrr
,
SalUburg
°Sft
g/^^~/\'«rob*J«-
/BlaeltXIeTt
oCoalTVorks
y^fl^N^^---'
r/\^KpT^rSBURGH
Mansfield !/ J?[
Steubenvillel
^Natroriii///^
.
r. r.
-Blaiisviile
'BUlnrllle
KU
9
.
SEPTEMBER,
1888.
ahanlsi
;
RAILROAD STOCKS AND BONDS.
|
explanation of colnmn headings, Ac,
Me notes
R it,
A
Hew mort.
(for 61.000,000). s.
S'iritiirtslern— 1st
f.
1 p.
INTEREST OR DIVIDENDS.
or
Size,
Par
Amount
Value.
Oiiislaaillms,
SO
1.700,000
3>s
M.
l.lXKj
310.000
7
6
F.
F.
c. not dr.o*
1. 000
1.500.000
1.3 .5.000
J. "i"j.
-'.000
6
|*
1,150.300
1,000,000
.
rysssiH d arlsoM— First mort.. gold. rink, f awl
94 mortgage. incomes
d ijpraao/.— 1st M. tend. by City Pro
d WOecSSlSl
rorassssr—Stock
...c'
d Com. 0.— Pref.
8
769400
ls* mortgage...
1st mortgage
aJHsiacy "asuau
l»t mortgage
i*
501.707
:
4*s
4»a
24
250.000
1st mort.
1.489.240
•alssgad sHimsM-Stnek
1st mort.. funding coup
Bains* a? Oosinn.- 1st mortgage
1 .000.000
1.000.000
swsrtbigd Masts**— 1st mort.. (extended)
2.1 mortgage, coupon (extended In 1884)
050.000
330.000
e*
e
i
The rental and
In repair and also par taxes, exi
Interest charge m about 93.ft9.0o0 per year, and the profit to leasees
large. The Pitts.' Ft. Wayne AVble. leases the Newcastle A
the road
The flrst mortgage bonds are In six aeries lettered
of 9876.000 each series, the interest oa "A" aeries being payable Jan.,
and July on "B" It Is February aad August; on "C" It U March and
eateianer on "D" It U April and October on "E" It U May and Nov..
and en •• F" It la June and December. The second mortgage U also la
and the
six series of 6860.000 each, lettered O to M Inclusive
interest Is parable Jan. and July on ••<;•• series. Feb. and tM. «" " H."
March sndSeet. on •• I." April and Oct. on " K." May and Nov on " I.."
and Jane end Dec. on " M." Lessee pays 6104.100 yearly to sink, fund,
"
snot la'aada accumulate. Of the above 1 at
I If
61.6M4.Vto. and of the 3d mortgage 62,01 8,500. and
mortgage b
were held In the Unking funds Jan. i. 1888. The
61.0.9463
nent stock I* lean ed to Pennsylvania RR tor Improvewhich provides that the leasee
16 of
bonds or stock, aad la 1888 rmpro
purpose, bat mot yet Iseaed
i«-> for three rears vast were s« below; In the gross
_ I tine* are Included, and In the net the earnings
:
:
;
.
June
8,
M.
m.
f-V-
A.
6
3.4,5
J.
J.
"a"
8
5
5
J.
J.
M.
J.
S. V..
N N Y
6
7
.|K>..SK>
»
.
,t
775,000
500.000
3,500.000
1400.000
400.000
—
.V
A.
6
> rvnrali
Wtf/*u««<U Foila-p-lst M.,g.,red.at 105
Purtiand*
at «mw-mw«
Born Blocs. v |,.
p. <• guar. East. M
Per
SI n umt s a*
«
.•errr-lM/alud Coat. —Stock, ga- same dl v. as East.
ill
—
8
6
6
7
112,(XX)
1,500,000
2,143.030
630,000
. lar
M.
N.Y., Farm. L.
A O.
A D.
A D
I.T.
Karm.
.
N Y., First
L.
Nat. Bans;
Portland.
Bost., Eastern
X.Y.. Farm. I,.
J.
8.
D.
RR
Co.
A Tr. Co.
Portamoutn. Trcas.
Boat., Eastern
Co.
RR
do
do
John Paton A Co.
do
do
B\ Y..
Prorldcnco,Ain.Nat,Bh.
Providence, Office.
Prov. R. 1. Hosp. Tr. Co.
J».
John Paton
do
do
Y.,
Philadelphia
8toekt-\Mt
Dividend.
A Co.
1888
1895
1908
1927
Oct. 1, 1899
Mar. 1, 1922
Dee, 1, 1927
Jan. 1, 1899
July. 1898
Jan. 1, 1899
Mayl, 1937
July 1. 1900
Jan., 1900
July 14, 1888
July 16. 1888
Jan. 1, 1906
July 1, 1888
Doc, 15, 1S87
June 1. 1937
Jan. 2. 1916
Jan.. 1916
July 1. 1892
Sept. 29, 1888
Oot. 1. 1897
Dec. 1, 1917
Dec 1, 1917
Jan..
A Ralelgb.
Jan.
Omoe,
do
Men.
Phila.. Co.'s
do
tiuiuU— Principal, When Dae.
Sept ?5,
Aug. 1,
Aug. 1,
ATr. Co. Nov. 1,
A S.D.Co.
do
do
New York Agency
NY., H. B. HoUln* A Co.
do
do
do
do
N.Y.. H B HolllnsACo.
do
do
Portland, Me. Cent. RR,
A" J.
A
A
A
A Tr. Co.
L. A Co.
Window.
A. Phil.. Fid.
77-..1MXI
lai.inH)
250,000
HOC
Meea
A 8.
A A.
A
"
A 8.
J. A J.
J. A J.
J. A J.
It a N.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. AD.
I. A J.
7
6
"6*
990400
o
1 - 1-t M. (810.000 p.m.)
a.f.4l0.000.dr.atl
10e
-1st
M..
Part SofU d.luv>u(a
3d mort.. endorsed by Central Oa., s. f. (6.000 . e
e
General mortgage Income bonds, coup
Fori Kotol d W,t CnrM- (on. M.sf .red. at
mortgage
c*
ta A Knorrme
I d Ood«n«6.-l«t mort.. gold
Id Bae sssfsr B lock (9400.000)
/'..rc#»i-.../A
S
7*5,000
mortgage
Coasondated mortgage
fmrt Jerrim MonlutUo d .V.
'
Rate per When Where Parable, and by
Payable
Cent.
Whom.
1.000
Pittsburg, 1st mort
run fl«™ d
of
Stock..
mortgage
1st
Date
of
oar
ntUburg Toungitow* d Aiki ibula— Pref.
Lawrence
Miles
Road. Bonds
on lint page of tables.
Ashtabula
lOl
confer a great laror by gtvius Immediate notice of any error discovered In these Table*.
is will
DESCRIPTION.
:
:
'
1887, and boujcht by the N. Y. committee;
1926
1, 1898
1, 1913
June 1, 1904
new company organ-
ised June 25 aocordlng to plan In ciirom.i.b. V 44, p. 3.0. Stock
auibott/eit la, common, 67.000.oOO. and preferred, 65.00O.00n. 5 |ier et.
nun-euinulstlve: both In 650 shares; outstanding Doc.. 1887. 96.075,000
eommon and all the preferred. Voting power of stock will be exersUed
Jan. 1. 18 ••••. by J. I'ler »ut Morgan, J. U Welsh and James Callery
For mhmttmet of nuirt^iig.' itnia'o- Merc. Tr. Co.) see V. 4\ p. 439.
In addition to U-e si.ove Indebtedness there were outstanding Feb.29,
'88. rrsj estssto mortgages for 6175435, and ear trusts 93 0,26». From
'88. to July 31, '88 (I mo.), gross earnings w»re $181,092, net
earnings (ilediietlug also 625.000 for steel rail-! 622,900. In rear ondItiK Jim.- 3D. '-I. KTisi rarulna-s were 6 - ,0 J.:.:i7i'., net +.'112,289; surp.
over Int.. 6140.', 89. Pros., J as. Callery, Alleghany Cltv, Pa. V.-Pres..
A. J. Tbomsa, N. Y.
(V. 45. p. 36, 113. 130. 614. 705,743.820,887:
V. 46. p. 171,255. 289, 510, 610; V. 47. p. 140.)
till
1
.
,
>
,
;
Pittsburg YouiigatoOTn 4k Ashtabula. -Owna Kenwood, Pa.,
to Wampum June. Pa., 13 ml ee (operates Wmiiuum Juno to Lawrence
June.. 6 milna); Lawrence June . Pa . to Ashtabula. 0.. 80 miles; Nile* to
Allutnee Jnn
tea; Cantteld iiranch. 4 mile.; total owned, 122
miles; total operated. 126 miles. In Jill.
.11 was
"
made by consolidation of Mi- Aahtabula A Pittsburg with the Alliance
Nile* A Aabt. the Lawr. and the New Bright, A Nawe. roads, tinder the
c. A P. read are deducted.
above title, leased from Dec. 12. '87, to Penn. Co. Stock outstanding
Ores*
Available Dtv'd som.. 61 .333,342. and pief.. 61,700,000; both In 650 shares.
Passenger Freight (ton)
Bonds
Earnings,
Revenue, p. et. of the mortgage of 1887 (trustee. Farmers' L. ATr.
Mileage.
Mileage.
Co.) are reserved
.468 134.613. 04 69 %3.561.5 15 98.2.17.1.".6 62411
to n-tire divisions! bond«. A sinking fund of 1 per cent of outstanding
->4*9
J77
9.1 HI.
7 bonds will purchas'
-7 si not atiorepar; lniym ,nts Upse
3469,239
.468 119.689.713 1.106.793,066 11.269463
7 bunds cannot be purchased. From Jan. 1 to Jane 30, 'ill (6 mas,), when
gross
—(V. 46. p
earnings 9472 318: net 6161,049; surp. over Int., 981,148. In '87,
Monongahela River to Allegheny nosm .wninr- «•-•. I'm. met 646S480: surp. vw»rmnAtiutrmia,9m.I' Ittshars; Junction.— From
Inrl. side tracks and branches. Built under
0O.I; out of which paid dividend 950.00 >.
Over, Pitubnrg, Pa.. 4 1*
(V. 45, p. 112; V.46.P 173.
ansptoes of B. A O. and Plttsb. A West., which Co.'s wade an agreement 191,481.538; V. 47. p
Port Huron
ttortliivretern — Port Huron. Mich., to East
to pay 62 for eaeb ear. and guar, (separately) a minimum of 6240,000
per annum. In "86 gross cam's 6176,000 and net 61 40,090. In '67 gross Saginaw, Midi.. 01 miles: Saginaw Junction to Sand B.aoh. 58; Port
183.060; set 6140.911; »urp. over flxrd charges, 638,626. Com. stock Austin to Palms, 36; Port Huron to Almoin. 34; total, 218 miles.
There Is slao an equipment mortgage of 9135.000. In 1887 the road
|s9u*O,0O0: pref.. 6469400 ; par 600. Dn'a paid as earned.
Pittsburg
Lake Brie. -Owns from Pitubnrg, Pa., to Youags- waa to be sold to the Flint A Pere Marquette, but the ssle wag delayed
tewn. Omte, 66 m.; branch line to Newcastle. Pa. 3 m.; total owned77l by 11 'Igatlon. In '87 gross 9328.066: net 61 11,308 def. utnt.-r tlxi-drh's.
leases from Jan. 1 . '64, for 99 year*, the Pitts.
A Yough KR 6136.85 r. John P. Saulmm. Pres't. Port Huron, Mich (V. 1
Port Jervls vtoiitlrello
N. Y.— Owns from Port Jervls. N. Y.,
with Bra a sb.es. 8
toul operated.
Pittsburg to New Haven. Pa.. 57
;
138 m. Scrip cerrlnnatee for 661 5400, bearing 6 p c lot and payable to Montioello, N. V.. 21 miles. Was sold la foreclosare July 16, 1875,
188 », and then reorganized under present
at will, are also outstanding, aad the temporary loans. Ac idluionsl and again sold out in Nov.
tension Huguenot to 8u umltnlle lo progress to connect there
amounted Dee. 31.'«7,to»r 5.700. This Co Is msnsgsd in the interest
of LakeSa. A Mich So., which owns 62.141.111 stoes. The stock was with the Poughkrciiele A Delaware Valley rood to extend thence to the
Puugbkeepsle
Bridge. The wnole Issue of bondi on o'd road and extentrust bat the Vsnaerbllt Interest was allows I to vote and control
-iiuuiltr'e will he about 6500.000 II R. Low. Mlddlctown. Pre*.
•').
In '86 gross earn... 6.'.o»7.49:l. net, 6737,road;se.
Port
Itoyal
A ugaat*. owns from Port Royal, 8. 0., to Augus492; siirp.ov, rlltr.irhsr.es. 6.'04.t>66. In '87, gross. 82.452,194: net
112 miles. Had a lease of the Aug. A Knoxr. road, but surren790419; earn, over fixed ch'gee, 6242,20ft; diva psld(6p.e.i.*12.t,0uO. ta. Oa..
d
it,
the
becoming part of the Port Roral AW. Car. Formerden
A.
A
K.
Jao Newell. Prest, tTeveiand. O. (V. 45. p. 540,873; V.46,p 818.1
ly Port Royal RR. Sold In foreclosure June 6. 1878, and bomlli
Fltl'bnrr .tleK eesport A Youghloghemy.—Owns from Pltts- organized this Co. The Oeorgla R t. was endorser
on 9500.000 of the.
ta New Haviea. Pa. 57 rnUes; branches. 8 miles; uital. 65 miliat. old bonds. The stock Is 9750,000, par
1
6100, and In June, '81, a controlNov., 1883. and leased to Plttsb. A I,.
'>s. RR parties,
of the above Inc.
years.
or cent on the 63,100.000 stock and principal and In terest of
'9920,700 are owned by tint Co In year ending Jin
bring goer, by P
hot
L. Erie and l^tke Shore A M
gross earn e were 6
anrp. over Int. anil sink, fund,
Gross
pa being end o rsed oa the share eertlhcai.a and bonds.
»; net, 651,181.
(V. 46, p. t;96.)
In lii7, <w«l.8US; met, 6500,111: surpua over Interest, Ao ,
Port Itoyal
vna Align. ta. (la., to Soar•;>». 636 '.»» ': p il.l in.'oas earnings In 1880 '
ruilek 1.) Ander.
...
i.tcn.l. .;i- .;-..
ItnC 93,100,000; pot
>n of the Aug A Knnxv., Greenwood
ilney. President. Ptttsbarg, Psv
eenr. A Laurens in Ihhii wlili
Pittsburg Palneavllle
Palrix.rl. -owns from Falrport. O..
stock 6184,000.
69 Yonngstown. O.. &t miles. In Dee.. '86. leased to the Pittsburg t
- 1.000
Western the 52 mil. s from Falrport to Nil-s. and In 1847 the rem dnder
took and all the pref.
year ondef the road was leased In perpetuity to the Truro >ull A Mitlioning,
•t, 613.177: def, under Int., $12,881.
which Is rontroll, d by Pi Is. at W-etern. rental being commuted In ad462. See V. 46. p. 643.
vanee. Operated at coat, bat Int.n -t of In.n la Is guarantee 1 The
iwna from Pu
Port I
to Fnlivana,
rminsavtlle st MsiiomngRK. wss sold In forarloaura June 3, li-«,aml 91 m. I
re this Co. waa reorganl/
V Co. orgaatsed. i'oiii. "took. *8OO.n00; pref 6 '5o.o00.
Ml owns 9-1
i. uric
Mbcnango
l.ai.
from
\ i.ssa Junction, with
st tn
'.11, anl 2 percent
and I in
v 'il.-. .in.
'•nt tln-reariiT.
(V.
State I. ne I,, liarle.r. 4 in.; t >tal. 1
in.
V. 16, n 103.673; V. 47.p.50, 161,378.)
IB p. 713
-18. The mm-tv.
llorheatir. Own* from Portland. Me., to Rochester,
Portland
bonds. |«ld debt* of 630<».(iO>i, sml pn.vlded for eatenalnn from
all the old stock and ImiiiiIs were eon111 '11
•>
with branches and e>|ulpwcat. From Feb. 10 to
s-Oo InNov./SS.aleaaetotii.
.ir ending Sept. 30/8 '. gross earn's, $197,those) t\ 1999, jrsasj sssTntasns wora 99a, I9im>693v.Plltabnrg > Irglnla
r harlrstoa. -F10111 -...nili IMt-liurg. Ps.,
oenl iliviileud, 6-1,127
6a Oakmtowa ete.. Pa, 75 miles. The stock Is 91.500400; par 650.
Port
ni'.iMli. --Portland, Me to Portsmonth,
The hoods end li.V61.06O of the stork are owned by tin- Penn. Kit.. v. 11
May 4, 1871, 111 perpetuity to the EastWMmfe pays aet ea rmlnas aa rrnul. cross earnln.era Railroad, Mass., nt In
»nt on stock. Len,
langed
" gross,
met, »2.,.2.v
9656,137; net orer tax's. Ac., f:
- Railroad
May 21. 1877, and now li |kt cent The Boston A
-Hl.CK); ilivi i.n.la r.'Si p. reent, A. A 0.).ft per leased the Bas il en In I88t with all Its leased roads It;
gamt Dtvldende are paid as earn-.l.
Port a ml A Willamette Valley. -Line of mad r
and. Or.,
i-itissmrg
Western. -IsVs Hap)- Owns from Alleghany City. to Dunde*i, 28 i«m., connecting with ureg. BR., with w
nestle. Pa.. 64 miles; OaOery June, to Ml Jewet:, 137 m. eontrai f for 1 r» years. H.in-ls may bo red. at 105. Stock. #15i a freight
Dash Kea Kraarh, 2 m.: (Isrlon III eilsh. 6 m.; other branches. 2 miles;
Portsmouth
Dover.
Itll
N If.. 11
total owned. 212 miles. Leases for 99 years I'
... New Castle
il February 1,
led for 60 years to Eastern
jjaQI" n. Pa., to Vall»>
is. Pslnes. A
Of New Hampshire at (I per ei
mi mi the itock. Operated
s
...
I..
Fal;- I lu;..
r|*>Tt. In
ihlo. 64 BUssaj nli'I UOM 2'1 uili.a
now bv Eastern (Mass.) Frank Ion.
'ortsinoiith. N. II
'JrvUJe, O.; also owns enilre
Portsmouth Ureal rails A
way.— Owns from I'onwsy
stork of Tram. * Mahoning RR. Ilssleton to Nlles. O. I miles; and of Junction, Me., lo North 1 'on way, N
Tim Eastern Kallroad
Pitta. Northern.. 4 miles; total operated, 999 miles
Bold In foreclosure In Massachusetts ha* made a lease of the road for 60 years from Deo.
1,
.
I
I
>
.
m
.
A
A
m
;
Mot
m
m
A
.
.
1
Kin
A
ta
_
A
ma
A
.
'
Ma,
.
•
A
m
rm,
,
A
i
1
.
I
A
.
A
.
.
'
.
I
A
li
A
1
,
.
1
:
1
.'1
i
.
INVESTORS'
102
SUPPLEMENT.
[Vol XLVII.
error discovered In theee Table*.
Subscrl era will confer a great favor by giving Immediate notice of any
Bonds— Prlnol
INTEREST OR DIVIDENDS.
DESCRIPTION.
Date
Miles
Amount
of
of
For explanation of column headings, Ac, see notes
Road. Bonds
on first page of tables.
15
Lancaster A Reading, 1st mortgage...... .......
193
Rennetaer <* Sara.-Stock, 8 p. c. guar-Df '•* ,Can
c*Ai
79
$2.000,000)..
(for
1st mortgage, consolidated
252
Richmond <* Atleghanih- 1st mortgage, gold
252
Second mortgage, gold.. ......
•Zi'imatn"
;
141
Richmond <t Danville— 3d mort. (consol. of 1867)..
141
General mort., gold (for $6,000,000).
•-;
Debenture mortgage bonds, cumulative>--.ConsoLM. g. ($15,000 p. m.),$or £ ($14, 500,000)084
Northwestern. N. C, 1st m. ($15,000 p. m.J.g.gu.o
:h
Richmond York River* Ches., 1st mortgage
2d mortgage
do
do
ot
guar.
6
Stock
p.
do
do
"ii
Wash. Ohio A Western- 1st mort.. guar
BO
Oxford A Clark* vl le, 1st M., $15,000 p. m
common.
B9
Bich'il trtdertckeburg d Potomac-Stock,
32
percent)
Stock, guar. ($19,300 guar. 6
Oonvertlule bonds
..........
•Coupon bondsof 1890
Coup b'ds of 1901 ($57,327 are * pay. In London.)
25
Richmond d Pelersburq— Stock
25
Lonsol. mortgage ($50,000 are 7s).. ....... ...
4,497
Rithmond d West PI. Ter. R.dW. Co. -Stock....
Preferred 5 per cent stock, cumulative
Collateral trust bonds, gold (payable at lOS^.-.o18
BoeA .^0«i«« Fa/. -Stock, 6% rental N.Y.L.E.AW.
113
Rock Island d Peoria—Stock
91
mortgage
1st
113
r
Consol. 1st mortgage
35
p. m.)..
Rome d Decatur--1st mort., go' d ($15,000..........
642
Rome Waterloum & Ogdensburg— Stock..
97
(exl'd).p.f..
Vin.
Cape
Rome
lo
A
R..
Wat.
1st M.,
-
1871
1880
1HH1
1867
1874
1882
1886
13S8
1873
1880
—
M
1884
1888
100
ICO
1870
357,:t27
,
1875
100
500 AC.
100
100
1887
1,000
1878
1885
1886
25,000
5.000
1,000
1855
100
100 Ac.
100
1878 with a guaranteed rental of $45,000 a year, which pays 44 per
dividend!
cent on $1,000,000 bonds, and the stock is to receive the same
as the stock of the lessees. Lessees own $551,300 stock.
Arizona Central.— Owns from Prescott Juuctlon on
Preacott
the Atlantic A Pacific RR. to Prescott, Arizona, 73 in.les. Stock, $1,Trust Co. of N.Y. is mortgage trustee. Five p. c. of
Central
200,000.
net earnings each year accumulates as a sinking fund; bonds purchased,
From Jan. 1 to Aug. 31, 1888 (8 mos.), gross earn110.
drawn?at
not
ngs were $30,799; net$66,i97. T. S. Bullock, President, 42 Wall 8treet.
Springfield.—Providence, R. I., to Paseoag, 23
Providence
miles It was proposed to extend the road to Springfield, Mass., 80 miles.
Stock Is $517,150. In year ending Sept. 30, 1887, gross earnings were
$109,658; net, $43,092; Interest, $34,452; extra'y expenses, $13,324.
Worcester.—Owns from Providence, R. I., to
Providence
total operated, 51 miles.
Worcester Mass.. 41 miles branches, 7 miles
of this road was made to the N. Y. Proviccnee
lease
a
1888.
In May,
per annum on the stock whioh was
A Boston for 99 years at 10 percent
In
also to 1 e increased $500,000 for terminal improvomeLts, Ac.
1SR8-7 ctoi-s earnings were $1,270,828; net, $438,977; surplus over in573.)
$107,'.
V.
673
67.
(V.
p.
46,
p.
ct.),
45,
(9>«
p.
dividends
terest and
Quiney to Trenton, 111., 134 miles.
Kan.
Qulnry
This Company is successor to the Quinoy Mo. & Pacific sold in foreclos(par $100). (V. 45, p. 856.)
ls$l,489,240
The
stock
reorganized.
ure and
Augusta.—Owns from Raleigh, N. C, to Hamlet, N. C.
Raleigh
98 miles' Hamlet to Gibson, 10 miles; leases Moncure to Pittsboro, 10
miles- Cameron to Carthage 12 miles; total, 130 miles. Formerly Chatham Railroad, now controlled by Raleigh A Gaston (which o» ns most
of the stock and bonds) and so by Seaboard A Roanoke. In year endiDg
Sept 30, 1887, gross earn's, $240,109; net, $64,010.
Gaston. -Owns Raleigh to Weldon, N. C. 98 miles and
Raleigh
Loulsburg branch 10 miles. Controls Rileigh A August t RR., 108 miles,
and has large interest in Durham A Nortl.ern RR, under construction
|
&
A
A
;
;
;
Omaha A
C—
1,000,000
384,000
40,000,000
5,000,000
7,637.000
555,200
1,500,000
150,000
450,000
650,000
7,153,300
418.100
to Henderson, N. C. 42 miles; and with Seaboard A
Roai.oke controls Cai olina Ct ntral. This road is controlled by Seaboard
stock is $1,500,000. Seml-aunu: 1 dividends of 2 perct.
The
A Roanoke
ere paid at Ra'elgh, N. C, April 1 and Ootober 1. Gross earnings year
ending Sept. 30, 1887, $166,226; net $142,906; adding other receipts,
from Durham
$206,,00.
John M. Robinson,
Pree't, Baltimore.
ic Columbia.— Owns from Columbia to Sinking Springs,
'Pa, 40 miles; branches, 16 miles; Lancaster A Reading Railroad,
leased, 15 miles operates Marietta Junction to Chickies, 6 miles ; total
The road is controlled
Stock, $958,268 ; par $S0.
onerated, 77 miles.
and operated by Phil. A Reading ( which holds the above debentures),
year
ending
Nov.
separate.
In
30, 1887, gross earnkept
accounts
but
ings were $354,038 net, $84,854 deficit under charges, $25,146.
Rensselaer Saratoga.— Owns Troy to Baliston, N. Y., 26 miles'
Whitehall, N.Y, to Vermont lire. 7 miles; Eagle Bridge to RutlandVt., 62 miles Saratoga to Whitehall, 39 miles; branch, 3 miles— total
owned, 1 37 miles. Leases : Albany to Watei ford June, 12 miles; Saratoga to Schenectady, 22 miles ; Vermont line to Castleton, 7 miles ; Fort
Edward to Caldwell, 14m.— total leased, 55 miles; total operated, 192
It was a consolidation of several lines, and the Delaware A
miles.
Hudson Canal Co. leased the whole March 1, 1871, at a rental of 8 per
stock and interest on the bonds. In 1886-87, gross earnings,
the
on
cent
2,400,307; net, $808,588; deficit under fixed charges, $141,609. From
June
30 lu 1887-8 (9 mos.) gross earnings wore $1,636,501,to
Oct. 1
against $1,589,943 in 1886-7; net, $518,285, against $523,456; decharges,
$272,043, against doflelt, $255,115. (V. 45, p. 180,
urider
ficit
614.857 j V. 46, p. 228, 610; V. 47, p. 140 .)
Alleghany.— Owns from Richmond to Clifton Forge,
230 miles; branch to Lexington, 19 miles; dock connection, 1 mile,
leased, Buckingham RR., New Canton to Arvon, 4 miles; Valley RR. connection, 2 miles; total, 256 miles. On June 23, 1883, receivers were appointed.
In June, 1888, a consolidation with Chesapeake A Ohio was proposed,
and Sept. 1 operation of the road was to b assumed by Ches, & O., but
accounts to lie kept separate until the arrangement should be finally
settled. The 1st mort. bonds with 11 overdue coupons take new $1,000
first mortg. Iionds Ik aring 2 per cenl lnten st for five years and 4 per oent
for 95 years. The R. A A. 2d morig. bond* take new firsts for $250
bearing 2 per cent for one year, 3 percent for one year and 4 tor 98
years; also $125 in Income bonds and $625 in new Ches. * O. common
stock. R. A D. stock having paid 10 per cent assessment takes new
Ches. A O. stock for 70 per cent of its face value and C. A O. 1 st pref
stock for the assessment. See Chronicle V. 47, p. 199.
Eai nings for three years ending Sept. 30 were:
1864-86.
1885-86.
1886-87.
Gross earn'gs, inol. rents, docks, Ac. $589.5!)1
$597,048
$615,850
Reading
;
A
;
;
;
Richmond A
•
1
Operating expenses
Neteamlngs
—(V. 45, p. 79 1
404,918
438,350
457,954
$184,673
$158,698
$157,896
V. 46, p. 181, 802; V.47, p. 81, 199.)
Rich. 4 W. P. Term.)— The
line Is from Rlcuuiond, Va., to Danville, Va., 141 miles; branches,
;
Richmond A Danville.— (See Map
main
12 miles; Danville, Va, to Greensboro, N. C, 47 miles; Salem Junction, t.i naleni, 25 miles. The Virgisia Midland KR Columbia A Greenville, Charlotte Columbia A Augusta and Western North Carolina are
9 rears. 'Min Piedmont KR. is virtually owned, also the
0jr£lrw4tMtn .»uriu va^ui**. *<jt>uVku.i^*li ii.Oi Oaoiai-c—c^.c^iuv.
,
Payable, and by
Whom.
6
7
4
4
A
A
|J. A
IM. A
IM. &
J. A
A. *
A. A
A. A
J. A
M. A
J. &
M.A
J.
J.
IM
7
I g
o«
I*
j*
6
3
4
Gg.
do
do
Richmond,
do
do
N.
M.'a'x.
A J.
A J.
6
M.
A N.
5 g. A
J. A J
3>s
6 A7 M. A N
"2'ifl
A J.
AA
6g.
A J
3
A J.
24
A J,
10
A J,
6
J. A D.
§* P. A A
6
M. & 8.
J.
J.
8
Dividend.
Dec. 1, 1917
Last paid Dec, 1879.
July 1, 1893
Phil. Co's Ollice.
J.
J. N.Y., Del.A H.Canal Co. July 2, 1888
do
Nov.. 1921
do
N.
July 1, 1920
Last paid Jan., 1883.
J.
May 1, 1916
N. Last paid Nov.. 1882.
N. N. Y. Ollice, 2 Wall St. May 1, 1890
Jan. 1, 1915
do
do
J.
April 1, 1927
do
do
O.
Oct. 1. 1936
do
do
O.
April 1, 1938
O. N. Y., Cent. Trust Co.
J. N. Y. Oflice, 2 Wall St. Jan. 1, 1894
Nov. 1, 1900
N.
do
do
July 2, 1888
do
do
J
3>a
7
5,6.7
pal.When Due.
Slocks— Last
1924
1933
1, 1888
May 1, 1888
1895 A 1901
1890
1901
July 3, 1888
May 1, 1915
do
do
July
Office.
Richmond A
do
do
Phlla.
do
do
Richmond, OfHoe.
do
do
1888
1897
1888
1888
do
1900
do
do
1925
do
paid.
1926
None
N. Y. Office, 5 Pine St. Aug. 15, 1888
N. Y., Central Trust Co. 8ept. 1, 1910
N. Y., Office, 2
do
Wall St
do
N. Y.,by N.Y L.E.AW.Co
N. Y., Corn Exch. Bank.
.
July
2,
Feb. 1,
July,
July,
Jan. 1,
Jan. 1,
Dec. 1,
W.
In perpetuity. The whole system operated is given under the R.
P. Terminal Co.
D. stock was mostly excbarigeol for Terminal
lu Feb., 1887, the R.
Danville.
in the proportion of four shares of Terminal for one of Rich.
The interest on the Debenture bends was strictly cumulative and In exchange for the overdue coupons new consol. mort. 5 per cent gold bonds
were glvtn The consolidated gold mortgage of 1886 was issued at
$15,000 per mile to take up the gen. mortgage bonds, the debentures and
their overdue interest, and to retire bond, of leased lines; $2,500 per
milo additional being allowed for equipment.
The Northwestern, N.<\,new 1st mortgage for $1,500,000, guaranteed
principal and interest, retlrtd old bonds and provides for extension to
A
A
Wilkesboro.
C
A N. C bonds
In addition to above bonds there are also $105,000
on 7 miles road.
Dividend 5 per cent was paid July 2, 1888.
From Oct. 1, 1887, to Aug 31 in 1888(11 mos), gross earnings were
$4,173,959, against $3,766,324 In 1886-7 net, $1,916,246, against
;
$1,709,337.
The annual report for the year ending Sept. 30. 1887. was published
In the Chronicle, V. 46, p. 100, containing the following:
$4,355,161
2,287,857
1835-86.
$4,012,028
2,121,553
1884-85.
$3,999,147
2,231,486
$7,067,304
$1,890,475
$1,767,661
1886-87.
Total receipt*
Operating expenses
A
A
I
Payable
Cent.
1,F00,0<
500,000
400,000
500,000
500,000
1,000,000
750,000
1,035,100
500,400
172,720
150,000
When Where
Rate per
$1,000,000
350,000
8,442,400
1,925,000
4.982,000
4,000.000
617,300
5,378,000
3,551.010
1877
1873
Reading * Columbia— (Oontintu d)— Debentures. .0
'
Outstanding
Netrecelpts
INCOME ACCOUNT.
1886-7.
Net revenue forthe year
Interest on debt, rentals,
Ac.
1884-5.
18rf5-6.
$2,067,304
"1,482,517
$1,890,475
'1,467,658
$1,707,661
*1,483,097
$422,817
$584,786
$284,564
Balance over aUoharges
* The int. oharge on debentures is Included here in full, though not paid.
-(V. 45, p 821, 857; V. 46, p. 100,539,574,699,828; V. 47, p. 81,161.)
Potomac. Owns from RichRichmond Fredericksburg
mond, Va., to Quantioo, 80 miles; leases Quantico to Junction 2 miles.
The common stock is $1,030,100; guaranteed stock, $500,400 (7 per
cent except $19,300 guar. 6 per cent), and "dividend obligations" $1,070.S 00. There are also $33,363 7 per cent debt certificates due in
1899, and $53,512 5 per cent certificates due in 1902. Dividends of 6 1*
per cent paid on common stock out of profits of 1887. In 1886 87 gross
earnings, $537,522; net, $253,636 Interest, Ac, $83,269; sur.,$lT0,336. (V. 45, p. 696, 855.)
Richmond ic Petersburg.—Owns from Richmond to Petersburg,
Va., 23 miles; branch, 2 miles; total, 25 miles. The road has earned
moderate dividends and the debt account is very small. From Jan. 1 to
July 31, 1888 (7 mos.), gross earnings were $155,912, agaii st $133,100
In 1887 net $60,916, agaimt $60,453. In year ending Sept. 30, 1887,
gross earnings were -224,339; net, $96,014; totaJ.net inooine, $104,.
927; surplus over interest and dividends, $21,317. (V. 45, p. 793.)
—
A
;
;
Richmond
ic
West Point Terminal Hallway
ic
Ware-
house Co.— (See ilap.)—1ho mileage controlled and operated In Nov.,
1887, was as follows:
Richmond A Danville System.— Richmond A Danville and Piedmont
RR. and branches, 208 miles; Richm'd York River A Ches. BR., 39 m.;
Northwestern No. Carolina RR., 25 m.; No. Carolina RR. and State University RR., 232 m.; Atlanta A Charlotte Air Line R'way and branches,
288 m.; Virginia Midland R'way, 413 m.; Wash'n Ohio A West'n RR.,
50 m.; Wesrn No. Car. RR., 290 m.; Char. Col. A Aug. RR. and leased
lines, 373 m.; Col. A Green v. RR., leased lines and branches, 296 m.j
Asheville & Spartanburg RR., 70 m.; Knox v. A Aug. RR., 16 m.; Rich.
& Mecklenburg Kit., 31 m.; Georgia Pac. R'way, 401 m.; Northeastern
RR. of Georgia. 61 m Statesville A Western, 20 m.; Oxford A Henderson, 16 m.; total Richmond A Danville system, 2,891 miles.
East Tennessee Virginia A Georgia System.— (See East Tenn.
Virginia A Georgia for details.)— Total East Tenn. tystem, 1,603 miles.
;
Grand Total of all Mileage,
4,497.
company was incorporated by an act of the Legislature of Virginia
Mnroh 8, 1880. It was the auxiliary corporation of the Richmond A
This
of
Danville RR. Co., controlling several stocks by ownership of a ma)ority.
In November, 1886, the Terminal Co. purchased a largo majority of the
R.AD RR. stook. $5,000,000 of pref.Terminal stock was Issued, secured
by the deposit in trust of 25,000 shares of R. A D. stock; and afterward
the common stock was increased to $10,000,000. Iu Jan., 1887, $6,500,000 of the East Tenn. Va. A Ga. first pref. stook was bought, giving control of that Co. for five years (unless 5 per oent dividends per annum
are paid on that stock for two years), and $1,760,900 of Rlohm. A
Danv. stock was taken. See terms of this negotiation in V. 44, p. 119.
See V. 43, p. 635.
The report in Nov., 1887 (V. 45, p. 821), showed that this company
then owned the following securities (* Indicates pledged under
Stocks— Of its own stock,
the collateral trust mortgage), viz.
$28,633 pref. and $165,250 common; also, $4,261,000 of Riohmond
A Danville RR. stock: $6,500,000 ("*6.000,000 pledged), of East Tennessee Virginia A Georgia 1st pref.; $2,611,650 Richmond A Danville
Extension Co. $^5,000 of Am. Construction Co.; $120,000 Northeastern
Railroad of Georgia; $3,168,300 Western North Carolina Railroad
common and $3,168,300 pref.; $100,000 Knoxvllle A Augusta Railroad;
RR.; $3,577,333 Virginia
$1,302,400 Charlotte Columbia vA Augusta
l
.
'?" ."l.\- Ji,OT9,OT0 Co! :.-'::%
u± ....::....• (3t ffi! & ;'-'. .y.v
:
;
'.
.
'
.
'->
September, IMfc
RAILROAD STOCKS AUD BONDb.
103
;
INVESTORS'
104
Subscribers will confer a great faror by
DE8CR1ITION.
xilvl.i-
Miles
Date
:
SUPPLEMENT.
[Vol. XLVII.
Immediate notice of any error discovered In these Table*.
Bonds— PrinciINTERE8T OR DIVIDENDS.
pal, When Due,
Size, or
Amount
per When Where Payable, and by
Par
of
For explanation of column headings, Ac, see notes of
Outstanding Rate
Whom.
Payable
Cent.
Road. Bonds Value.
on first pag? of tables.
W.dOg.— (CoiTd)— lstM..s.f.
Borne
190
190
409
45
(2d M.on 01 m.)
on 91 miles)
Oonsol. mort.. (extended July, 1882, at 5
Byracuse Northern (gold)
R. \V. A Og. Term. Co., 1st moit., guar
2d
niort. (3dniort.
p. e.) .c
14
135
e
BuUamt-Stock. common
Stock, preferred
(8 percent. reduced to6>
In exch. for equipment bonds,
General mort.
2d mort.
Bacramrn.
<*
Ac
c
s. f. $20,000 not dr'n
Louis.— 1st mortg., coup
Plater. -1st M.
Saginaw Valley it
81.
Johnsbury <t L. Champlain—lat M.,ooup. or reg.
Consolidate d mortgage (for $1,000,000)
SI. Joseph d dm ml Inland—Stock
1st mort., (told, Interest guar, by U. P
2d mortgage, income
Kan. C. & Urn. RK. 1st M. ($15,000 p. in.), Int. gu.o*
St. Louit Alton <e Terre Haute—Stock
Pref. stock (7 cumulative), convertible
1st M. (series A) ) sinking fund $25,000 yearly,
e'
1st M. (series B) 5 but bonds not drawn
o*
Sd mortgage, preferred (series C)
c*
2d mortgage, preferred (series D)
o*
2d mortgage, inco lies
Dividend bonds, income not cumulative
o*
Belleville & Carondeiet, 1st mort
c*
Bt. Louis Southern— 1st M., gold. Int. guar
o*
2d mortg. Income, non-cumulative
Carbondale A Shawneet'n— 1st M., g., int. guar.o*
Ohio. St. Louis & Paducah, lstuiort., gold. guar, c*
c*
2d mortgage, Income (non-ouinulative)
St.
St.
Louis Arkansas
<e
120
120
48
30
120
252
252
196
381
381
207
207
207
207
J7
33
33
18
58
58
1861 $500Ac.
1872
1,000
l.oiin
1874
1,000
1871
1,000
1S88
loo
100
lOOAc.
1872
1878 100 Ac.
1,000
1877
1,000
1872
1880
1,000
1884
1,000
1885
1885
1887
1862
1862
1881
500AC
0* 1.205
1,000
1,000
1886
1,000
1887
100
RR.: $49,000 Dan. Mook. A So. W. RR.; $300,000 Richmond A Mecklenburg RR.: $103,900 Rabun Gap Short Line; $4,048,
058 Georgia Pac. Railroad; $1,500,000 Wash. O A West.; $1,045,2.9
Asheville* 8pirtanburg;$ ,00,0.i0 8tatesville <S Western RR.; $325,000
Oxford A Henderson RK.; $47,900Ureen Construction Co.; otlior stocks,
$251,100; and the following bonds: $100,000 Knoxville A Augusta
fst mortgage 6 per cents; $569,700 Spartanburg A Asheville 1st mort.
6 per cents; *$1,325,000 Western North Carolina 1st consul, mort. and
*$4, 110,000 2d mort.; *$2,763.90S Virginia Midland 5 peroentgener.il
mort.; $315,000 Northeastern of Georgia general mort.: *$1,778,155
Georgia Pacific 2d incomes; $379,000 Georgia Paci^o accrued coup ni
of Income bonds; $'299,000 Blue Ridge RR.; $7, ;00 miscellaneous county
and township bonds; $625,000 Wash. O. A West. 6 per o^nt, income
bouils; $35,OuO Georgia Pacific equip, trust bonds $195,800 Oxford A
Henderson 6 per cent 1st mort.; $(00,000 Statesville A Western l>t
mort.; $160,000 Richmond A Mecklenburg 6 peroent 2d mort. Total
securities owned as above, $12,013,043 bond", *9, 697,933 pref. stocks
and $2,115,570 oommon stocks; grand total. $46,51 1,096. Of these,
f)21, 576,355 (Including those marked with a star) were dep *si ted with
the Central Trust Co. of N. Y. as security for the $8,->00,ooo of its collateral trust bonds outstanding; those bonds maybe redeemed on notice
at any time at 105. 8ee abstract of no rlgnxe. V. 45, p. 575.
The prices of common stock have been: In 1881, 122®174>*>; in
1882, 23®263; in 1881, 21®H9 ; in 1X84. 12®32 : in 1885. 18%®
434 in 1886, 274a77>4; in 1887, 203e®53; in 1888, to Sept. 21, inel.,
190260s. Pref. in 1=87, 43® 87 *s; in 1888, to Sept. 21,lnol.. 55®
Tbenete'rulngs of a large part "f the system are given in V. 47, p. 351.
The annual report for year endine Nov. 30, 1887, w<8 given at lenath
IV. 45, p. 821. (V. 45, p. 575, 8*1, 857; V. 46, p. 449, 511, 574, 57;*,
ft Greenville
;
4V
V. 47, p. 140.)
—
A Genesee Valley. Owns from Avon to Rochester
18 miles. This road was leased July 1, 1871, in perpetuity, to
Erie Railway, and now operated by New York Lake Erie & Western.
Rental, $34,012. James Brackett, President, Rochester, N. Y.
Rochester
BT.
Y.,
Rock
ft Peoria. —Owns from Rook Island, 111., to Peoria,
Rock Island A Mercer Co. RR., 22 miles total, 213 miles.
Island
CI., 91 miles
;
;
The Peoria A Rock
Island
was
sold
in foreclosure
April
4,
1877,
the bondholders becomtng the purchasers. In year ending June 30,
1887. gross earnings were $457,606; net. $164.6-13; surplus over 5 per
cent dividend, *47.6S3; paid for construction and equipment, $33,528.
Gross In 1885-86, $495,867; net, $113,008; dividend paid, 5 per cent.
Rome A
5
7
5
do
do
do
do
do
J.
O.
J.
do
Deo. 1. 1891
Jan. 1, 1892
July 1, 1922
July. 1901
N. N. Y. Office, 5 Pine
St,
A" A. Rutland, Clam. Nat.Bk.
M. A N. Hon., lobe Sill Bk ARut
F.
446,000
628.000
8
400,0.10
5
V.
J.
6g.
6g.
I*
5
.
;
I
A
A
M. A
A. A
5
do
do
A.
J. N.Y.,8o.Pao.Co.,23 Br'd
K. Boston, C. Merriam, Tr.
Tr. Co.
O. Bost., Am. L.
A
Q.^J.
Boston.
M.AN.
A J.
A J.
N. Y., Central Trust Co,
do
do
J.
J.
"l\
May
do
do
1,
1918
2,
1,
1,
1,
1,
1,
1888
1902
1898
1907
1902
1910
1914
Jan.
May
1,
1,
1925
1925
Oct.
April 1,
May
July
Jan. 1, 1927
A
do
do
do
do
do
do
do
do
F.
7
do
M.
7
do
M.
N.
7
do
do
June 1
6
do
do
6
J.
e M. A 8. N.Y.St. L. A. AT. H. Co.
do
do
M. A S.
i
do
do
4 g. vt. A S.
do
do
M. A S.
do
do
I"'
J.
A.
A
A
A
A
J.
O.
A.
N.
AD
-
525,0<>0
July
Nov.
Aug.
1888
July 1,1894
July 1,1894
July 1, 1894
N.Y.. Otflce.lS Broad St. April 10,
7
7
485,000
550,000
250.000
1,000,000
1,000,000
15,356.000
15.922,000
N. Y. Central Tr. Co.
D.
....
6
l'.ob'o
1887
18-7
1,205
Texas— Stock
1st M., gold ($13.000 p.m.)
1,000
1,000
1,000
1,000
1,000
1,000
J.
J.
7
1,500,000
1,500,000
1,404,000
4.600,000
6,9-5,000
1,680.000
2,940,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
1,357,000
1,000
1,000
500&c
A
A
A. A
J. A
M. A
7
4,0i)0,000
500 Ac.
100
100
1862
1862
1862
1883
1836
18-6
$1,021,500
1,000.000
7,060,000
500,000
375 000
2,480.600
Slocks— Last
Dividend
"6'g.
M.
A
N. N.
Y,
Central Trust Co
July
July
1,
1,
1894
1894
After Jan., '94
June
1,
Sept. 1.
Sept. 1,
1923
1931
1931
Sept. 1,
Sept. 1,
1932
1917
1917
May
1936
March
1,
1,
mum
rental and $8,000 for organisation expenses; but in 1837-88 lea
see retained $18,000 for taxes, which led to legal proceedings now pending. The 5 p.c. 2ds are a first mortg. on rolling, stock and personal property. In Nov., '87, the Del. A Hudson Canal purchased control of the
stook. The income aoco tnt for year ending June 30, 1888, was in V. 47,
V. 47, p. 81.)
(V. 45, p. 112, 643, 744; V. 46, p. 38
p. 81
Sacramento ft Placervllle.—Owns from Sacramento, Cal., to
Shingle Suriugs. Cal. 48 miles. This was a consolidation of the Sacramento Valley and the Folsom A Placerville railroads. April 19, 1877,
Capital stock, $1,756,000: par $100. Iu 1886 gross earnings were
$i29,9i;6; net income, $60,lu0. defloit under inteiest, $43,021. Leland
Stanford. President, San Francisco.
Saginaw Valley ft St. I.ouls.— Owns from Ithaca to Pains,
Mich., 3b miles, and leases Alma to St. Louis and Pains to Saginaw. 9
miles; total, 45 miles. Opened January, 1873. Capita) stock, $264,804.
In 1886, gross, $9.>,131; net, $7,848. In 1S87, gross, $99,784: net,
$23,218 iut. payments, Ac, $35,680; total def. to Deo. 31, '87, $85,521.
In July, '79, management was transferred to the Detroit Lans. A No.
;
;
St. Johnsbnry ft Lake Champlaln.— Owns from LunenburgMaquam Bay, on Lake Champlaiu, 120 miles, and braucli from
No. Concord, Vt.. to East Haven, 11 miles; total, 131 miles. This was
the Portland A Ogdensburg, Vermont Division, aud was reorganized
under present title in 1880. Preferred stock, $1,298,500; common stook,
$2,550,000. In March, 1884. voted to issue the consolidated bonds, of
which $600,000 are reserved to take up its first mortgage bonds.
Operated by Boston A Lowell as its Vermont Division, aud all but$ll000 of the 5 per cent bonds Issued are held by that company.
Vt., to
St. Joseph ft Grand Island. -(See Map of Tin. Pat.)— Line of road
Joseph, Mo., to Grand Island, Neb., 25 1 miles; Kansas City A Omaha
RR.. 8tromsburg to Alma, 151 miles, aud McCool June, to Kansas City A
Omaha June, 44 miles; total. 447 m. This oompauy was organized in
June, 1885, as successor of the St. Joseph A Western, soldin foreclosure,
and includes also the Hastings A Grand Island RR. and the bridge at
The road is operated by the Union Paoirto, which
St. Joseph.
owns $2,301,500 if the $1,600,000 stock, and guarantees the interest
on the first mortgage bonds. Notes for $500,000 were outstanding Deo.
31, 18x7, representing sums advanced to Kansas City Wyandotte A
Nortliwestern RR. Co. Kansas City A Omaha bonds have a traffic guar,
from St. J. A Gr. I. and U. P. The Uuion I'ac. owns $i,56t, 00 bonds
and $2,035,125 of the $2,6*8,700 stook of the Kansas City A Omaha.
In 1886 gross earnings were $1 169,425; net, $ 06.962; surplus over
charges, $9,172. In 1-S87 gross, 4)1,005,412; net, $337,516; detieit under
charges, $30,562. James H. Benedict, President, New York. (V. 45,
p. 113; V. 45, p. 6I4. 073, 771. K. C. A O.)
St.
Decatur— Owns from Rome, Ga., to Attalla, Ala., 65
and miner construction to Docatur-to be in operation early In
The bonds were ottered in New York by Grovesteeu A Pell, and
when they suspended in 1887 work ceased. R T. Dorsey, of Atlanta, is
St. Louis Alton ft Terre Haute.— {Set Map).— Owns main line
receiver. Rcc. ivcr's certificates for $400,000 were issu-d to oouiplete
and equip the road, and work was re commenced Eugene Kelly, Pres't, from Terre Hauie, lud., to East St. Louis, 193 miles; proprietary line,
East St. Louis to Belleville, 14 leases— Belleville A Southern Illinois
Mew York. (V. 45, p. 341, 438, 573, 6i4, 744,857; V. 46, p. 371.)
RR., Belleville to Du Quoin, 111., 57; Belleville A Eldorado RR., from
Rome Watertown ft Oirdcnsburg.— From Niagara FFalls Du
Quoin to Eldorado. 50; Belleville A Carondeiet RR., from Belleville
to Massena Springs, 301 miles Lewlston Junction to Lewiston,
to East Carondeiet, 17; St. Louis Southern, Piuckne.vville to Carbon
miles: Syracuse to Puliski, 37 miles; Richland Fo Rome, iT miles
dale. III., 33; Carbondale A Shawnoetown, Carbondale to Marion, 18;
Watertown Junction to Cape Vincent. '24 miles; DeKalb Junction to total, 381 miles, of whim the company operates only 183 miles, the
Ogdensburg, 19 miles; Roolu-ster to Windsor Beach, 7 miles; Wood- main line, 193 miles, having been leased Nov. 1, 1882, to the new Inward's to Oswego, '2D miles; Utioa to Ogdensburit, 131 miles; Carthage diauap. A St. L. Railway aud the Cleve. Col. Cin. A Indianapolis
toSacketts Harbor, 30 miles Theresa Junction to Clayton, 16 miles- jointly.
This company was a reorganization, Feb. 18, 1861, of the
total, 642 miles.
Terre Haute Alton A St. Louis RR.
The R. W. A O. was a consolidation Oct., 1861, of the Watertown A
The Bellev. A So. Illinois is leased to this company for 999 years from
Rome and the Potsdam A Watertown railroads. The Lake Ontario Shore Oct. 1, 1866; and the Bellev A Caroudelet for 933 years from June,
Railroad was acquired January 15, 1375; the Syracuse Northern, Aug. I>s83, at a rental of $30,000 per year, which is a guarantee of Int. on
1, 1875. The Oswego A Rome was leased January 1, 1866, at 8 per cent the bonds, the stock of $500,000 being owned by the St. Louis A. A T. H.
on stock and Interest on bonds. The Niagara Falls Brunch road was The Belleville A Eldorado was leased for 985 years from July 1, 1880,
leased Nov. 1. 1881, at 7 per cent on its stock of $250,000. There are at a rental of 30 per cent of the gross earns., but $15,400 per year
•lap outstanding $100,000 Oswego RR. bridge 6 p. c. bonds, due 1915
guaranteed. The St. Louis Southern RR. and Carb. A lhawnee. RR. are
The Utiea A Black River road and branches were leased in April leased for 980 vears for 30 per cent of gross earnings, int. on let mort.
1886, the R. W. A O. guaranteeing fixed charges and 7 per cent per being guar. The Chicago St. Louis A Palucah road, under construcannum
on the stock, a majority of which H hold-*.
tion, is leased fir 980 years at 30 per cent of gross earnings, with
*In April, 1886, the Income bonds were ottered an exchange of 40 per guarantee of rental to pay 1st mortgage interest.
>nt In the 5 per cent consol. mort., due 1022, and 60 per cent in
The rent received for main Hue is $450,000, unless the gross earnings
stock,
and
id the bonds bare been about all exchanged.
exceed $1,750,000 iu any year ending Oct. 31, and then 20 per cent is
F
From Oct. 1, 1887, to June 30, 1888 (9 mos.). gross earnings, including to be paid of the excess ol gross earnings over $1,750,000.
the
R,T er we r
Deo. 31, 1887, sinkiug fund held of the first mortgagi bonds $536,000
SSffeif against $924,367.
.!&? 57 91y »«S»lu« $2,168,134 in 1886-7; net,
180,265.
9980.
(included a-iove) and $173,936 cash. The preferred stook has a prior
Fiscal year ends Boi.t 30. Report for 1886-7 in V. 45, p. 886. Earn- right
to a cumulative dividend of 7 per oeut before any is declared on
ings were as follows:
common. It is also convertible into com uon at par but shall not re1885-6.
1886-7.
ceive any dividend as com. stock for the time it was held as preferred.
Gross earnings
$2,406,793
$3,138,447
The annual report for 1887 was in V. 46, p. 707.
V0M Income
$941,244
$1,319,840
The Cairo Short Line Division, which iuoludes the roads directly operInterest and rentals
$093,480
SH19.5 ,1 ated by this conipauy, makes the following exhibit
miles,
1889.
;
;
;
MM
'.
,
.
'
,°.
'
;
Dividends
276,825
I™L";
Surplus for year
$693,480
iSwi't-Vf-^Tiw..'
Rutland.~Owiis Horn
S
-O™ IrV,
modiflcatioa V.f
o
Hfiftfr'.,.;
I).
'
of
$247 764
509, 540, S86; v 16,
Bellow's Falls,
-
p.
$1,196,376
$123,464
40 V. 46. p.
EARNINGS. EXPENSES AND BENT OF LEASED IJNE8.
1885.
1886.
1887.
Gross earnings
Operating expenses and taxes
$766,316
397.347
$803,991
408.396
$962,480
521,079
Net earnings
Rent leased roads
$388,969
203,381
$395,(195
214.4-S2
$141,401
$165,587
537, T07.)
$180,613
$185,518
;
to fiurltnittou, Vt.. 1"0 m.
.""""•''
<•"""*««• Itwa* le »*«n «« the Cent Vt
Tl'P'
*"•
lmt
the
lesBee
iHwa'ne
Insolvent, and finally a
r
Vt'..
the lease was made, giving $250,000 per
year as a irdnl-
t
Net revenue
-(V. 45, p 106, 273; V. 46,
p.
'255,883
8XFTEXBKR,
RAILROAD STOCKS AND BONDS.
1888. J
105
^T
Z
TajTorrinAi
otlS*^ •&>% /$^
s
Ism
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V"i^r>«OB»
1
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,
t V«tLE
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rnlontowp^'
H»'ml« nl>n
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Grind TowtrJ
KorK*nfl*Ul
MAP OF THE
ST.
/J
ALTON
LOUIS,
TERRE HAUTE
1
/
RAILROAD.
AND
1
|H
lJ
1'
Vf^W
I.KASKI) UNI.-.
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COM PBISINO THE
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uuinui A MvniM lumon.
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IT.
tout A H0OCAM.
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1
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;;
INVESTORS' SUPPLEMENT.
106
Subscribers will confer a
rrreat
DESCRIPTION.
For explanation
on
St.
-
.
of
lavor by giving Immediate notice ot any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
Ijm^ Date Size, or Amount
PalRate porj When Where Payable, and by
of
column headings, Ac, see notes of
Whom.
Road Bonds Value. Outstanding Cent. Payable
page of tables.
first
Louis Arkansas
[Vol. XLVII,
if-
I
Texas— fOont%iued) -
When Due.
Stocks— Last
Dividend.
pal,
See remarks.
A A.
May 1, 1936
A J NY. Farmers' L A Tr. Jan. 1, 1931
A J. N.Y F. C. HollinsACo. July 1. 1915
90(1,000
do
do
Anril 1, 1927
6g.
& J.
70
Nil.
flgNew York.
May 1, 1928
"85
370.000
7
J. A J. N. Y. National City Bk
1936
100
11,859.300
451
100
9,768.400
451
A O N. Y„ Office 15 Broad St. April £0, 1888
100
4,500,000
Aiu. 10, 1888
A A.
do
do
3>a
500,000
294 1876 100 Ac.
A N.
do
do
Noy. 1. 1906
(Pacific to Seneca,
2d mort. (now lstl.A, gold
2,766,500
A N.
do
Nov. 1, 1906
do
do B, gold > Mo., snd branches), 294 1876 500 AC.
do
2,400.000
500
Ac.
1876
6
AN.
do
g.
do
Not. 1. 1906
234
294 miles.
do C, gold )
do
o*
1,000
033,000
A D.
1880
do
do
June 1. 1895
Equip, mort., gold. $80,000 dr. ann'lly. at 105.
I*
"32
1,000
1,030,000
A
A.
1879
do
do
Aug. 1, 1919
1st m. on Mo.A West.RR.g. $6,000 yrly dr. at 105
|*
1,000
1,213,000
A A.
do
104 1880
do
Aug., 1920
Collateral trust bonds, gold, sink. fd. not drawn..
2.000,000
6
145 1879
A S.
do
do
Sept., 1919
St Louis Wiehita A West 1st mort. gold. guar...
1,000
20.042,000
5
6
A
J
do
366
1881
A
g.
do
July
1 1931
6s)c"
are
miles)
($7,727,000
330
g.(2don
Gen M.,
1,099.000
A O.
1,000
do
55 1887
I g.
do
Oct. 1, 1987
Oollat.Tr.M. on br'ches (£20,000 per mile), gold.c*
"6g.
2--0.000
A
1884
O.
do
do
A.AO.Sp.o.ea.
due
each
A.
A
O
Trust
23,000
(f
Equipment
"62 1886
1,000
744.000
A J
do
6g.
do
Jan. 1, 1916
Kan.C.A8.W..1stM.,g..r,d.at lC(*12,O0Op.in.)c'
1,000
7«,000
A 8.
do
do
Sept. 1, 1916
48 1886
St. L. Kan. A 8. W.. 1st M.,g..guar.($15,000p. m.)
£ g
1.000
475.000
A O.
do
do
1885
April I. 1910
Ft 8. A Van Bur.B'dge. 1st m., g.drn at it 5 guar.
"54 1886
1,00(1
D.
810,000
A
do
Dec.
5g.
do
1, 1936
105..C*
1st
M..guar.,redeeni.at
Ark.,
8t.L.8alem A
do
1,000
1,608,000
A D.
do
June 1, 1937
Kan. Midl'd. 1st M., g., $15,000 p.m.. int. guar.c* 107 1887
1,000
J.
N.
Y..
Central
Trust
Co.
Jan.
1867
1,899,000
A
1,
1897
158
guar.
Terre
Haute—
1st
M.
s.
St Louit Yandalia rf
1.000
2.600.000
A N. N. Y., Third Nat. Bk. May 1, 1898
7
158 1868
2d mort., sink, fund ($1,600,000 guar.)
100
5.376,970
A
N.
Y.,
Fourth
Nat.
Bk.
July
1888
230
J.
5.
scrip.
stock
A
8t. Paul & DuliilK— Preferred 7 p. o.
100
do
July 5, 1887
23)
4,6)0,207 3 A 15 St
do
Common stock
0*
AA.
N.Y..
Central
Trust
1881
1.000
1.000,000
5
Co.
Aug.
1931
167
1,
1st mort. bonds
8"
1,000
A O. N.Y., First Nat Bank. Oct. 1, 1917
5
167 lss?
(1)
2dmortg. for $2,000,000.
1.000
210,000
A J. N. Y. Central Trust Co, Jan. 1, 1914
21 1884
6
Taylor's Falls A Lake 8up.. 1st m.,gu.,s.f.notdr.c*
1,000
500.000
Sept 1,1916
25 1886
5
A S.
do
do
Duluth Short L.. 1st, guar.. cum, s.f. uotdrawnc
St. Louis Arkansas dc Texas.— (See Jfap.)— Road from Birds sola In foreclosure Sept. 8, 1876, and the St. Louis A San Francisco
Point, Mo., opposite Cairo, 111., to Texarkana, Tex., 418 miles, and oeoame possessor of the property.
This company is jointly interested in the Atlantic A Pacific RR. with
thence by the Texas rood to Gatesville, 305 miles total, main line, 723
(Inc. till '39>, g., nee rem. ($13,000 p. m.)....c'
Louis d Cairo— 1st moit.. int. guar.. M. 40. g..o
Louis dt r/u'c<i(/o.-01rt 1st mortgage
o*
Consol. Hiort., g. (920,OOOp.m.)
HR. A Coal Co. joluioiort 2d on =Ui (+1,000,0001
($<i0(>,000>....
mortgage
St. Louit <t Hannibal—
,1
St. tenuis d San tranciseo.—Stock, common
1
Preferred, 7 per oent, not cumulative
1st preferred. 7 per cent, not cumulative
2d
St.
St.
M
.
733
161
50
1886
$1,000
1886
500 Ac.
1885
1887
1888
1886
1,000
1,000
1,0(0
1,000
$9,529,000
4,000,000
500,000
5
4
g
F.
-
J.
g.
6
)
,
)
1
'
f.
-
;
mites- branches. Paw Paw Junction to New Madrid, 6miles; McNeil
to Magnolia. 7 miles; Sherman branch, 115 mil-s; Tyler to Lufkin. in
Texas 90 miles; Corsieaua t* Hillsboro, Tex., 45 in.; Commerce to Foit
Worth.107 in.; Lewisville, Ark., to Shrevepoit, La„ 66 m.; Altheimer to
Little Rock. Ark.. 46 m; total. Jan ,'88, 1,206 m. An extension, called
the Maiden branch, is in progress to (iriind Tower, Ills., on the Miss.
The road in Texas was foreThe road was opened in 1883.
Ihe Missouri A Arkansas Division was
closed December 1, 1885.
gold on Feb. 27. 1886. The present organization, whtom was formed in
1886 after the foreclosure of the Texas A St. Louis, consists of two
corporations, the one owniug the road iu Missouri and Arkansas and
the other the road in Texas. The stock issued by the Missouri and Arkansas Company was transferred to the Texas Company, which latter
has issued its own stock for the same. Till 1891 the control of the entire road is to be Tested in the committee, and for this purpose the stock
For stock so deposited negotiable
Is deposited with a trust company.
certificates are issued, and designated as "stook crust certificates."
in Missouri and Arkansas
companies
of
the
mortgages
The first
and in Texas are deposited with the Central Trust Co. and the 2d
the
Mercantile
Trust Co., and eaeh
with
divisions
both
mortgages on
of these trust companies has Issued against these mortgages so held
each,
entitling
the holder of
certificates
for
$1,000
Its coupon trust
each class to the securitv of the mortgages on both the Missouri A
certificates
dealt in at
divisions.
These
are
the
Texas
Arkansas and the
the Stock Exchange. Seemcrtgnge abstracts in Chronicle, V. 45, p.
lien
to
various
branches.
extend
mortgages
644. Snpplenif ntary
According to the provisions in the mortgages the first coupon on the
2d mort. bonds (for three months interest omy) is payable Aug. 1, 1?89,
but this coupon is stamped on the bonds the same as its predece* or*.
" payable if earned." Stock $15,356,000. There are car trusts payable
at the Farmers' Loan A Trust Co.
Report tor 1887 was in Chronicle, V. 46, v 801. Gross earn ines n
1887 were $2,670,531: net over expenses and taxes. $764,738. (V. 45,
p. 85,211. 512. 540. 643, 673. 8^0; V. 46, p. 76, 191, 353, 418, 471,
574,610,801; V. 47, p. 22, 188.)
Cairo.—This road extends from Cairo to East St. Louis,
St. Louis
152 miles, with a branch to High Prairie, 9 miles. The former Cairo A
8t Louis made default April 1, 1874, and was sold in foreclosure July,
1881. Stock is $6,500,000. In Jan.. 1886. a lease was negotiated till
Jan. 1. 1931. to the Mobile * Ohio RR. on the basis of a rental of 25 per
cent ( :60 «4o) of the gross revenue of the whole line, Mo'dle to St.
Louis, this rental being guaranteed by the lessee to amount to $165,000
per year. The issue of $2,600,000 income bonds was retired with part
of the$4,000,000mortg. bonds, interest on which is guaranteed by the
i
&
M.AO.
St. I.nuls Sc Chicago.- (See Map)— Owns from Springfield to Litchfield, 111, 50 m., and luanoh to Mount Olive coal fields, 10 m.; other
branches 10 in.; total, 70 m.; under construction to Eureka, 111., to a
Junction with the new Atch. line. From Litchfield to St. Louis trains
run over the C. C. C. A I. tracks 57 m.. under a traffic agreement. Total
operated, 127 m. The mortg. made in 1887 (Trustee. Am. Loan ATr.
Co., of N. Y.) was for $4,500,000, providing for an extension to Jollet,
DJ., and for the retirement ot the old bonds of 1885. In 1888 the
mortgage for $1,000,000, coverlne 3,000 acres of coal land, was made
lolntlv with the Mt. Olive Consolidated Coal A Coke Co., whose stock of
$1,000,000 is owned by the railroad these bonds are gold 5 per oents
M. A .v., due May 1, 1' 28, none yet outstanding. Stock: Common,
$1,200,000; preferred, $1,200,000 (V. 45, p. 705 V. 46, p. 255, 290;
V. 47, p. 109.)
St. I." ill* Sc Hannibal.— Owns from Hannibal, Mo., to Oilmorc, on
Wabash St. Louis A Pacific, 82 miles; uses 2 Hi miles Missouri Pacific
track; total operated, 84 •« miles. This company is successor to the
former St. Louis Han A Keokuk, sold in foreclosure Deo. 8, 1885. The
grincipal owners were Mr. John I. Blair and the estate of Moses Taylor
The stock is $1,000,000 aui New York, who became the purchasers.
thorized and $452,000 issued. Gross earnings in 1885, $106,969
operating expenses, $216,049; deficit. $109,081. Gross earnings in '86
were $121,367; net, $.40,130; surplus over interest, $4,230. John I.
Nolatelnfoimatloe. (V. 46, p. 413.)
Blair. President
St. Louis tc San Francisco.— (See Man.)— Link of Road—StLouis. Mo., to Seneca, 326 miles; Oronogo, Mo., to Galena, 18 miles
Olrard to Joplin, Kan.. 38 miles; Pierce City to WiehitaKan., 217 nj.;
Monett. Mo.. to Paris, Tex., 303 in.: Sprlngli'd to Chadwick, Mo.,35 in.;
Springfield to Bolivar, Mo. 39 m.; Faycttevilie. Ark., to St. Paul, Ark.,
33 m.: Jensen to Mansfield, Ark., 18 m.: small branches, 17 ui.: total
owned Dec. 31.1&87, l,044miles. Leases, Cuba Junct'n to Salem and
branches, 54 m.; Bcauoiont to Au'l.ony, Kan., 117 miles; branch 2
miles: Wichita to Ellsworth, 107 miles; total owned and leased 1,321
miles; the tracks of the Atchison Topeka A Santa Fe are used from Wichita to Halstc-ad, Kansas, 25 miles, and operates the finished portion of
the Atlantic A Pacific road. Central Division, from Seneca, Mo., to 8a
pnlpa. In the Indian Territory. 112 miles; total operated, 1,451 miles.
Organization. Ac.—This company was organized Sept. 20, 1376, as
successor to the Atlantic A Facino In Mo. The latter embraced the South
Pacific RR. (originally the Southwest Branch of the Pacific RR. of Mo
Chartered Dec. 25, 1852), which was consolidated with the Atlantio A
Psclilo road Oct. 25, 1870. The Atlantic A Pacific road and lands were
;
;
the Atch. Top. A Santa Fe, and guarantees one-half the 1st mortgage
bonds severally, not jointly.
In January, 1836, leased for 99 years the Kansas City A Southwestern RR., from Beaumont. Butler County, Kansas, to Cale, In Cowley
County. 62 miles, at a rental guaranteed to pay the interest on the 1st
mortgaee bonds. The bon Is -ire redeemable on notice at 110. The stock
of the St. L. K. AS. W. (Ark. City to Caldwell, Kan., 47 m.) is owned and
the bonds guaranteed.
Kansas Midland R'way, Wichita, Kane., to a junction with Union Pao.
lilt ai Ellsworth, 107 miles) was leased for 97 years from Jan. 30,
lb88, at a rental guaran :eed to meet interest on bonds.
Stocks and Bonds.—The first preferred stock has prior right to 7 per
oent (non-cumuHtive) : then pref. entitled to 7 percent; then common
entitled to 7; then all classes share in any surplus.
The terms of
the first preferred stock are stated as follows " This stook Is entitled
to a dividend of 7 per cent per annum * * * and by resolution of the
company has priority of lien on net revenues for such dividend over any
mortgage bond that may be Issued by the oompany subsequent to the
creation of this stock."
Dividends have been paid on first preferred stock In 1881 and since
at 7 per cent per annum and iu 1*8 2*2 per cent was paid on pref.
The range of the stocks yearly since 1877 has been : First preferred in
1878(4 months), 5*a®113i; in 1879,
in 1880, 603>100: In
1881. 903>115ia; in 1882, 79%®106'a; In 1883, 8701001s: in 1384.
70®96>3; in 1885,7989912; in 1886, !>7»118is; In 1837, 107 a 120; in
1888,toSept. 21. inclusive lOSisame's
Preferred stock in 1878, li«®5i4: In 1879, 4>fl®60i«; In 1880. 33 9
65: In 1831, 55®81i*; in 1882, 43®6(>ifl; in 1883. 40®59ia; in 1S84,
24H)®50; In 1885, 30349 'e; In 1886. 37i33>723s; in 1887, 61ifld84»s;
in 1888. to Sept, 21. inclusive. 63®73%.
Common in 1878 (3 months), li«a>4ie; In 1879, 3isai53; In 1880, 25H
®48; In 1881, 39®55; In 1882, 31a>46 '8; in 1883. 20ijsa36i4; in 1884,
lli3.229is: in 1885, 17^*2412; in 1886, 17®36%; in 1837, 30344%;
:
;
9\mHH;
•
,
,
188B to Sept. 21, inclusive. 21® iG^.
The trust bonds of 1880 are secured by deposit of 7 per cent
mortgage bonds of the auxiliary roads constructed. Difference be
tween intere.-t of trus bonds and bonds pledged therefor (1 per oent)
goes to purchase tiust bonds at 105. but bonds not drawn. The s
mortgage of 1881 (supplemented by that or June, 18S2) for $30,000,000
is
made to the U. S. Trust Co. as trustee, and enough reserved
to take up all prior debt. This general mortgage is a first lien on new
road, besides covering the mileage 011 which are the prior liens.
The collateral trust bonds of 1837 (Union Trust Co., Trustee) are for
$50,000,000. at $20,00 1 per mil, and are secured by deposit with the
trustee of an equal amount of first mortgage bonds of branoh lines.
Missouri A Western bonds to the amount of $5,000 a year are purchased or drawn at 105. St. Lou b With. A \W«t. bonds arc purchased
or drawn at 105 with any surplus rental over int -rest.
The St. L. Kau & So. Western lionds are issued at $15,000 per mile, and
are redeemable ai 110 on any interest dxy, at four weeks' notice.
in
1
.
The Fort Smith A Van Huren Bridge bonds are guaranteed by the St.
A 8. F. Co., and have a sinking fund of 5 per cent yearly after 1839
draw the bonds at 105 they are all redeemable at 110 at co.'e option. The land department assets were estimated Dec. 31, 1887, at
L.
to
;
$718,608, including 133,903 acres of land valued at $369,572,1,156
town lots val'd at 43,928, *S00,621 in land contracts and $104,486 oash.
The St. L. Salem A Arkansas first mort. bonds (guar, absolutely by
St. L. A San F.) are issued at $15,000 per mile, and are redeem, on
notice at 105. Kansas Midland first mort. bonds are at $15,000 per
mile, and Interest is guar, under lease of 97 years by St. L. A San F.
Operations, Finances, Ac— The St. Louis A 8an Francisco has been
one of the successful reorganized railroads of the Southwest, and lias
made good progress in traffic and income, without very heavily increasing its annual interest charges.
The annual report lor 1887 was in V. 46, p. 603 and 615.
income ACCOUNT.
1884.
A
Receipts Gross ea nings
Net earnings
Other receipts
4,613,596
2,508,218
14,830
1885.
$
4,383, tOO
2,433,662
19.782
1886.
1887.
$
8
4,374,628
2,652.332
159,619
6.229,344
3,247 477
190,332
Total net income
Disbursements
2,523,054
2,453,144
2,811,951
3,437,809
Arents
1,826,203
1,751,215
1,950,323
2.219,901
Dividends
Rate of dividends..
315,000
7
242
315,000
7
4,732
315,000
565,000
Total disbursem'ts
2,141,445
Balance, surplus
381,609
* And 2is per cent on pref.
2,070,947
382,497
2,271,297
540,654
—
Int.. sink. fd.
Miscellaneous.
. .
7
7*
5,974
2,784,901
652,908
-(V. 45, p. 54, 793: V. 46. p. 40, 76, 134, 255, 449, 481, 608, 610, 61 5,
621,739,771; V. 47, p. 81, 161.)
September,
RAILROAD STOCKS AND BONDS.
1886.]
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1888.
|
RAILROAD STOCKS AND BONDS.
109
t.
1
SUPPLEMENT.
INVESTORS'
110
Subscriber* will confer a great
giving Immediate notice of any error discovered In these Tables.
Bonds—Prim 1*
INTEREST OR DIVIDENDS.
pal, When Dm
M „ ps Dais 81 «>' or Amount
WneB Where Payable, and by Stocks— Last
Piir
*"> r
of
of
'^landing
OnM°udln K «**
oiustanmng,
'7£
i'.iioe.
r - nt
va
n {; ip..
Dividend.
Payable
whom.
Road. Bonds Value,
•
For explanation of column headings, Ac., sec note*|
on first page of tables.
drawn
lstniort. land grant sink, fd.. g.
2d mort.. gold (do not covet lano.-i
Dak. Ext., let mort.. gold ($12.00' per
i
j
\
_
70
6o€
650
4/3
o'
I
Consoi mort.,gold ($13,344,000 are (is).i'l>. orreg. 2,284
2:0
.tr
1st M.,g.. Montana Dlv. ($25,000 p. in.) ...
Collateral trust 1m nds, g redeemable at par. ..
Mlnneap. 111. RR.. lot M.. gold.giiar.<$3.00O,000jj ....
gu. ($50,000 p. in.) e*.v r, ....
East, of Minn., 1st
, g
Montana Cen., li-t M.. g. ($40,000 p.m.). tuar. OAr
152
St. Paula Wo-Ftee.—Stock t*10,000.000 authorized)
152
Gen. M.. guar, ld.gr.. i$lo.ooo.ooi ) reg. O,-K.0* *
60 ««
West'rn RU.,Minn.,l«t M., RR.. covered by Gen. M.
150
San Antonio d Aransas Pa*«-lst inert., gold
217
1st M.ex.. gld. ($12,000 p. m.). le.lcoiu. at 110.
2d niort., Income for 5 years, $8,000 per milo
—
,
,
—
San Pedro I.os A ttgelet <t Ulali 1st If., $.-0,000 p. in.
Sandusky Mansfield <t Xncark— Re-organized stock.
116
116
286
58
525
159
159
50
l8tM..g,int.gu.rnderleafebyB.AO.aiidCent.0.c*
ftarofinnfi Florida <t West. -At. A G. eonsol. uiorr
So.Gn.AFlor.lst and 2d Ms., ($200,000 are ^d M
,
A
c"
W., 1 st mortgage
Western— li-tM Western of Ala
Coh minis A West'n M. (1st M. afier Oct., '88)
Columbus & Rome 1st mortgage
Schenectady <t Duanesburg—lsi M., guar. D. A H.C*
Schuylkill Val.—Stock, 5 p.p., guar H99yrs.,Pb.AR
Scioto Valley— \M mort. (s. fund $13,000 per year)
2d mortgage (sinking fund, $5,000 per year)
Consol. mortgage
Bav. Fla.
/i
<t
$100
2.61
.
ut 105.. c*
mile).
,
14
19
98
98
124
1862
1870
i«n
1,000
1.000
1,000
1880
1838
1888
i860
1867
1869
1884
1868
1881
1884
1874
50
1,068,832
2,300,000
1.780.500
1.000
l.ooo
1,000
1.000
1.000
lOOAc.
1876
1879
1880
:
;
"
;
:
'
£
;
1983. and guarantees the bonds.
,i'ioitoba
leases the
The Montana
'^!^^^^
SSSlni^b^ne^rP^^^lSu^
P. M. 4 M.Co., whiob owns
the M. 0. stock. Fiscal
ana interest by the
6
St.
(Vnti-,1
1,1
1888
J.
.*
do
J.
July 1, 1926
1928
do
A N.
N. Y. Agency.
1928
Feb. 1 Moss N. Bk.,8and'ky,0. Feb. 1, 1888
3
7
J. A J. N. Y.. Union Trust Co.
Jan., 1909
7
J. A J. N.Y..H.B.Plant.A8avan
July, 1897
M. A N.
do
7
do
May 1, 1899
6
do
A.
O.
do
April 1, 1934.
A. A O N.Y, H B. Hollins & Co.
8
Oct., 1888
no
Jan. 1, 1911
6
A J.
do
Jan., 1914
6
J. A J.
do
do
6
M. A 8. Del. * Hud. Canal Co. Sept. 1, 1924
2H J. A J. Phil.Offl'e, 407 Library. July 13, 1888
7
J. A J. Last paid July, 18^4.
Jan. 1, 1896
7
A. A O. Last paid April, 1884.
April 1, 1894
July 1. 1910
7
J. A J. Last paid July, 1884.
6
M.
g.
<fe
11)()
,f.
200,000
500.000
576,050
1,294,000
283,000
553.000
1,000
1.000
dale, li)4 miles; Rutland Junction to Aberdeen, 64 miles; Hutchinson
Junction to Hutchinson, 53 miles; small branches, 5 miles; total onerated June 30. 18»7, 1,9.(5 miles. New linos notineludediutlieforegoing,
Minot to Great Falls, 5,r miles; Kvausville to Tiutah Junction, 33 miles;
Benson to Watertown, 93 miles. Total mileage Nov. 1, 1887, 2,611 miles
This company was organized May 23, 1879, under the charter
of the St. Paul & Pacific Railroad, and embraced the St. Pan! & Pacific
Railroad, the First Division of the St. Paid & Pacific Railroad, the Red
River \ alley Railroad, and the Red River A Manitoba Railroad. The
eompany had aland Kraut of 3,848,000 acres, and acquired the Minneapolb) A St. Cloud RR. grant, 476,864 acres. The proceeds of land
sales are applied to the redemption of 1st mort. bonds at or under 105.
1
saIcB for }' ear ending June 30, 1887, were 62,632 acres for
.'.
IPS-.
8407.1 15, and 181 town lots for $10,854. The net amount due on land
contracts June 30. 1887, was $191,894 ; lands unsold. 2.690,435 acres.
en
follows since 1880 In 1881, 3 per cent
•
oi„ .d *, bavc beeu V" 1 1
in ,
1882,
9 in 1883, 8; In 1884, 7>«; 1885 to 1887, Inclusive, (T
n e ,ll ''io i k Prices slnoo 1882 has been: In 1883, 94®169i«
,J? i ,, 9 B:
in
n
i?mlli7c^® lnl888t0
.
,L ,o1Sb5 ' 79,, ® 1U : ln l886 > 106%® 124ie iul?87,
•ilJjalSO'g:
8ept.21,luclU8ive,94®114i«.
®d ,nort,5 a Ke of 1883 Is for $50,000,000, of which
i^ JoS°^SUaa,
WeT eiM r V, 1 to pay Dri01 Uon8 - The mor, 8- °" the Mon
7i?i ni?°°i
S
! o £
.
V
MU
d
8
rt "° ln '837,1s for $25,Oi.O.O0O,
to pio*M«fS. -J
r '".T
1 "8
»»S.000 per mile being allowed for second track.
p£ .?«£,
n,ort
1
4f':
34 "
U''niral Trust Co. of
.y-.
,
N?w VoTk
t™.
>rk. trustee.
The 'JCollateral
Trust bonds due 1898 were
W
S H
1,
.1.
6g.
664,000
3,411,000
228,000
50
500Ae.
&
^""
438,000
1.000
;
'
Aug.
,
,750,000
.598,000
500 Ac.
.
!"
N.Y., 40 Wall St.
July 1,1892
do
A J.
do
A J. New York and London, July 1, 1909
I*Oct. 1, 190i»
do
do
6 g. A. A O.
Nov. 1, 1910
6 g. M. A N.
N. Y., 40 Wall St.
July I, 1933
do
do
4<a A6g. J. A J.
4 g. J. A D.
do
June 1, 1937
do
Aug. 1, 1898
do
5g. F. A A.
du
do
do
July 1, 1922
J. A J.
5 g. A. & O
do
do
April 1, 1908
July 1, 1937
g. J. A J.
do
do
Q.-J. N.Y. office, 119 Liberty. Julv 11,1888
1>S
6g. F. A A. N.Y., Wlnslow, L. A i o. Feb. 1, 19^3
7
do
iM. A N.
do
May 1, 1007
6g.
A J. N. Y. ,3. M. S wensou ASon Jan. 1. 1916
J.
ij.
146.000
Nt. Paul Minneapolis
Manitoba— (»« Jfap).—Owns from St.
Paul, via Barucsvilie, to Emerson, 392 miles; Minneapolis to Gretna
via Breckinridge, 413 m. Minneapolis to Hinokley via St. Cloud, 132
m. ; St. Cloud to Willmar, 55 m.; Elk River to Milaca, 32 m.; Bottineau Branch, 39 m.; Sauk Centre to Eagle Bend, 36 miles; Fergus
Falls to Pelican Rapids. 22 miles; Crookston Junction to Minot, 231
miles; Shirley to St. Hilaire, 22 miles; Wayzata to Spring Park, 6
miles; Morns to Brown's Valley, 47 miles; Breckeuridge to Park River,
168 miles; Everest to Portland (via. Mayvllle). 50 miles; Ripon to Hope,
30 miles; Moorhead to Halstad, 34 miles; Tintab Junction to Ellen-
V^
Q.-F.
1>«
7
10,000
:
M
.iii,
ls8*
.
'
000.000
366.000
631,000
000,000
.676,000
.141,000
.000 000
,000,000
,150,000
.500.000
,500,000
.000.000
.750,000
1887 l.OOOAc
1.000
18*8
1,000
1888
1888 l.OOOArc
1867 1,000 Ac
100
1.000
1883
1.000
1877
1885
1,000
1,000
1886
A
-1
,$20,
1,000
100 Ac.
Terre Haute.- Owns from Jiast Bt.
St. Louis Vandalla
Louis to Indiana State line, 158 miles. Road opened July 1, 1870.
It is leased to the Terre Haute A Indianapolis Railroad at a rental
of 30 per cent of gross earnings. In July, 1887, suit was brought by
the lessor company to declare the lease void, but Judge Gresham
decided In favor of Its validity, and the case has been appealed
The ttret mortgage and $1,000,000
to the U. S. Supreme Court.
of second mortgage bonds are guaranteed by the lessees and also
by the Plttsb. Cin. <fc St. L. RR. The stock is $2,379,358 common and
81,544.700 pref. In year ending October 31. 1887, gross earnings were
$1,757,004; net, $044,922; rental to St. L. Van. AT. II., $527,111, less
charges $363,614, leaving surplus $163,497. In 1885-6 profit to lessee
was $23,687; in 1886-7 profit $117,821. Thos. D. Messier. Pres Pittsburg, Pa. (V. 45. p. 45, 95, 113, 540,855; V. 46, p. 76, 133, 172.)
St. Paul A: Duluth.— Line OF Road.—St Paul, Minn., to Duluth.
Minn., 155 miles; branches, 12 miles; leases: Stillwater & 3t. PaulRR..
13 m. (for f 99 years); Minneapolis A Duluth RR., 13 in. (for 99 years
from July 5, 1883); Taylor's Falls & Lake Superior, 21 miles; Grantsburg Branch. 17 in.; total, 231 miles. Between North. Pacific Junction
and Duluth, 24 miles, the road is owned Jointly with the No. Pacific.
The Duluth 8hort Line road from Thomson to Duluth, 25 miles, is
leased lor 99 years, an.) the bonds of $500,000 guaranteed.
The Lake Superior & Mississippi RK. was sold in foreclosure May 1,
1877, and this company organized June 27. The preferred stock is
received in payment for lands at par. Three shares of common stock
nave one vote and each share of preferred has one vote. Preferred
stock has a prior right to 7 per cent; then common to receive 6 per cent.
A dividend of 3 per et. in cash and 15 per cent In common stock was
paid on common stock in July, 1887. The 2d mort. covers the right to
leased lines, but not the laud grant.
The company has a land grant, of which 1,110.394 acres remained unsold Dt c. 31, 1887. and 68,5'jl acresof the Ta.vloi s Falls branch. In 1887
net receipts from land and stumpage sales amounted to $541,926. For
1886 and 1887 the income account was as follows, and $568,315 for
" Improvements " and "betterments" was charged inoper. expenses.
1887.
1886.
From operation of railroad
$492,8i >0
$603,786
Paid interest on bonds
50,000
50,000
Net income from rail road
$553,786
$442,880
Cash divid- nils paid within year:
7 percent on preferred stoi'k
$374,766
$375,154
3 per cent ou common stock
120,960
Balance
but. $i 79,020
defT$53,233
Income from lands and stumpage
4163,057
$541,925
—(V. 45, p. 85, 143, 341; V. 4C, o. 201, 321, 381, 678, 739, 803: V. 47,
p.
'
|
"«
St Paul Minneapolis 4 Manitooa—Stock
St. P. 4 Pac, 2d M. (1st on St. Paul to Watabi.
M
[Vol. XLVII.
,„ v ,, r D]r
DESCRIPTION.
.
Saranm
;
year ends June 30.
Report for 1886-87 ln V. 45,
p. 471. 512.
1885-86.
1886-87.
1,509
1,935
Miles operated
1883-84.
1,397
£
S
Gross earnings
Oper. exp. A taxes..
8,256,868
3,92^,390
7,776,164
3,500,927
7,321,736
3,838,652
8,028,448
4,314,895
Net earnings....
4,327,478
4,266,237
ofop.ex.toearn.
4759
45 13
3,483,084
52-13
3,713,553
53-74
1885-86.
*
3,483,084
1886-87.
1884-85.
1,471
$
P.c.
S
INCOME ACCOUNT.
1884-85.
1883-84.
Receipts—
Net earnings...
Rev.fromL'ndDep't
Other receipts
Total lnoome....
Disbursements—
Interest
on
debt....
Dividends
Rate of dividend
Sinking fund
Imp'ts A renewal
$
$
4,327,478
418,270
214,434
4,266,237
131,292
66,284
4.960.182
4,463,813
4,004,314
$
3,713,553
415,782
514,447
4,643,782
$
$
$
$
1,949,690
1.600,000
1,980.200
1.300,000
1,999,820
1,200,000
2,170,409
1,200,000
6*9
8
fd.
350,114
171,116
418,270
381,545
131,292
6
350,114
6
415,782
600,000
Tot. disburse' ts..
4,349,505
3,411,492
3,549,934
4,386,191
Balance, surplus....
610,677
1,052.321
454,380
257,591
-(V. 46, p. 134, 191, 228, 255, 353, 739; V. 47, p. 327.)
St. Panl
Northern Pacific— Line of road Brainerd to Minneapolis, 139 miles, and branches to St. Paul, 13 miles; total, 152 miles.
This company was formerly the West. KB. Co. of Minnesota. Owns
terminals in Minneapolis on 20 acres, and owns in all some 400 acres
about St. Paul and >iiuneapelis. The land graut of 210,000 acres is between Brainerd and Sauk Rapids; proceeds of lands are first applied to
purchase of West. Minn, bonds, then to gen. mort. at 120 or under. The
road, with its terminal property, is leased for 999 years to the Northern
Pac. at a net rental equal to 40 p. o. of the gross receipts, but any surplus over 6 per cent ou stock is divided equally between lessor and
lessee. The bonds are guaranteed b.\ Northern Pacific. The stock is
placed in trust with Farmers' L. A T. Co., the power to vote being held
by Northern Pac. Co.; but " beuefloial certificates " entitling holders to
dividends are issued. (V. 44, p. 22,90; V. 45, p. 401, 438; V. 46. p. 75.)
A
A
San Antonio
Aransas Pass.— (See Map.)— Road extends from
Kerrvllleto Wallis. Texas, 264m.; Kenedy June, to Corpus Christl and
branch, 99 m. Yoakum to West. Point 50 in.; total 413 miles. In June,
18^8, purchased the Waco A Braz s Val. RR., to be opeiated about Oct.
I,18b8. The, mortgage first given above covers the 150 miles from San
Aulonio to Aransas Bay. The bonds after that are Issued at #12,000
per mile on new road completed. The Farmers' L. A Tr. Co., of N. Y.,
is tiustee ol both mortgages.
Abstract of 1st mort. oa extensions in V.
45, p. 372. Capital 8toek issued, $2,017,200. In year 3nding June
30,1388. gross earnings w,re $834,701); net, $277,146; surplus over
fixed charges, $67,686. V. Lott, Pres't and Gen'l Manager. (V. 45, p.
372, 509, 512, 821; V. 46, p. 321, 418; V. 47. p. 140. 161.)
Sandusky Hanxfield Newark.— Owns from Sandusky, O., to
Newark, O., 116 miles. A consolidation of several roads in 1856.
Leased Feb. 13, 1869, to Central Ohio Railroad, guaranteed by Baltimore
A Ohio, and new lease mode February 23, 1880, extending to December
1, 1926, with option to the Bait. A Ohio Company to renew for terms
of 20 years each. Rental is $201,850 annually.
It is operated as Lake
Erie division of the Baltimore A Ohio system.
In 1885-86, gross
$1,013,014; net. $30:1,711; in 1886-87, gross, $1,080,463: net, $291,864.
San Pedros Lou , nseles
• tali.— Iu progress from Passadena. via Los Angeles to San Pedro Bay. California. 50 miles, of which
7 miles from Passadeua to Altadeuia, Is in operation. Stock is $25,000
per mile; par, $100.
;
A
A
Savannah Florida A Western.— Owns
—
from Savannah, Ga, to
Chattahoochee, Fla., 258 miles; branches Balnbridge Junction to Balnbridge, 9 miles; extension to Savannah wharves, 1-70 miles; Junction
Hranch, 4 miles; Dupont to Gainesville, 118 miles; Thoinasville to
Albany, 58 miles; Waycross to Jacksonville, 75 miles; Fort White,
Fla., to Lake City, Fla, 20 miles; total, 545 miles.
The capital
stock is $5,925,900, and dividends are paid as earned. In 1887 gross
earnings were $2,675,526; net, $423,037. In 1886 gross earnings, $2,net, $434,741. H. B. Plant. Pres't New York.
557,817
"•a vaiinnh
Western,— Owns from Birmingham, Ala. (connection with Kansas City Fort Scott A Memphis), to Columbus, Ga., 157
miles; Columbus to Greenville (nar. gau ), 50 miles; Opellkato Roanoke,
37 miles; Eufaula to Ozark. 61 miles; Americus to Buena Vista, 30 miles;
total in operation, 335 miles. Under construction from Columbus to
;
A
Buena
Vista,
35 miles.
This was a consolidation ln August, 1888, of the Columbus A Western (Columbus to Birmingham, 157 miles), Columbus A Rome (Colmnims to Greenville, .0 mile ). and other roads, which purchased the
present name with its franchises, etc Road bslongsto the Ce itral of
(icorgla system. 8tookis$.5.0o0.oo0; par, $100. It is proposed to issue consol. mort. bonds for $20,000 per mile. $3,000 of this being for
equipment. Presi't, Gen. E. P. Alexander, Savannah, Ga. (V.47, p 218.)
Schenectady
»uaiie»burs.— From (Quaker Street Junction,
N. Y., lo Schenectady, N. Y., 14 miles. Leased In perpetuity to the
Del. A Hudson Canal. Rental, $30,000 per year. Stock, $100,500.
A
Bkptkhbkb,
18SP.]
RAILROAD STOCKS AND BONDS
111
SUPPLEMENT.
INVESTOKS'
119
[Vol. XLVII.
KERRVILLEm^..
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Aransas Pass Railway
,
r
AND CONNECTIONS.
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Sbptbmbkr,
RAILROAD STOCKS AND BONDS.
1888.]
Subscribers will eoufer a great
r»or by giving Immedlile
DESCRIPTION.
r
explanation or column headings, do., see notes
on
first
1;
page of
Miles
Date
of
of
SaaSonrW 4 Koa'ke—6tk.<9244,?00 U prf. pis. 7 p.c.)
Debenture*, redeem, at will after Aug. I. 1916..
.«*
let mortgage fur $2.500.000
StauU UUu 4. 4 E<ut.-lBi M..<.. 939.000 p. m..'e
sTss siosW * Sunbury d Lewitburo— 1st luort., coup.
73
31
JaMasasMdraf.' a" ]psfdr*Ua»^8iock,' guar! by Nor.jc'
e
1st mortgage, gold, on road and lands
a/UnandoaJTraTuy-Ul
H
"29
38
253
General mort.gold (HamoB »1 .360.000 1st M.b'ds.
3d mortgage income beads, registered, non-com.
Car trua: eertlflcatea
e
r'dr
SArmtld 4 Birm.- l»tM..g.(91S,O0Op.m.)
c
Sdmort (910.000 per mile), gold
1st X. en lands, furnaces. Ac., sluk fd uutdr'n .r*
UtortUntiConn.) -8t'k,7*.p.ctrentN.Y.N.H.AH.
S06
355
1
is— 1st,
g..
W
E-dW.T.
guar, by H. E.
d
d Owiy-lst M, g.(913.OO0 p.
tgage
>
9s.
4
No.
(not rnmulativr)
1912.000 per mile)
niort.
Alabama— Ul
M.. endorsed
50
50
40
C
by slabawa.
N
':
—
1886
I860
MA
1889
1884
1
1871
1880
MM
1880
1--<1
3m
3.*-7l.00O
5,500,000
SOOde.
aVaftjOO
P.
1MM1
1-11
1.000
1.000
1888
1870
l.'HMt
l.'«K>
114
1883
100
to Reeveedale, Pa.,
11 miles; branches, 8; total. 19 miles. Leased to Pblla. A Beading RB.
for 999 yesra from Sept 1. '61. at 5 p. ct. on stock. Has no bonded debt
131
ftcloio Valley. -Owns from Columbus, O., to Petersburg.
Coupons of 1st m. <nd eoua. m. due Julr 1.
aulas. Stock la s2.0U3.350
84. and of 2d m. due April. 1b84. were purchased In Interest of Mr.
was ap
gtoo. and are bold as Ueea Receiver (Jas. Robin*..
P. Huntington for 9639 2*>6
liu June. 1885, on a Judgasent r
here
are also
673;
V.46.
I
aare Is peadlag. (YT 45. p.
I 971
.
m
I
883,000 7 per erat equipment bonds.
From Jan. I t<> Jul/ si. 188> <" mo«.i. nam earnings were 93642971,
In 1887 gross
1 9433.310 In 1887; net. 956.184. agalaet 987.064.
were 97 •"
_ sake. —Owns from Portsmouth. Va.. to Weldoa,
miles; lea.es Roanoke d T. B. RR. 30 miles, and has a controlling
Interest In the Ralelgb d Meatnn K: Im miles, sad thus in the Raleigh
d Augusts Air Llae 107 miles and Carolina Central 369 mile also
controls Pit ta'N.io RR. 11 nillraaaC. Carthage «R- 11 miles; Iota 618
Of the an»-k.«1.0o8.700 u common, 93O0.0O0 la lat 7 per oent
and 9442100 Is 3d guar. The debentures above are to be Incl aried
iy 3d mart, Issued. They are pa> able at will as a whole, or In 10
per cent in-ialnirnta after Aug. 1, 1916.
The Georgia Can Una d Northern, In which this company Is Interested, Is n der construction, and has been completed from Monroe toward. Cbesirr, 8. ('.. 32 miles.
varcn 1 io July 31, 1888(5 mos.). gross earnings were 9249,385, against 9231.992 In 1887; net 967,<94. against 978.963.
In yesr en in* February 39. 1888. net earnings on road proper, 113
.75: surplus over fixed charges, 9346. 61: from which paid
dividends (lOper cnt>. 9114.420; surplus over dividends and Interest.
81912441. See report In V 46, p. 937. J. U. Robinson. Pres.. Bait. Md.
—<V. 4". p. 539. 67*. 827.1
aaattle Lade Share d Kastern.— (See Mas )— Msln line
from -cattle lo Baaing River, 52 mil*.. The Nort"rru branch from
netl..n to a connection with the Can. Pacific Is In pnwn-s14 miles of this branch to Soohomia* are completed and In Deration.
Other branches, 6 ndlee. Total completed n-ileage, 72 mile The whole
main line. Seattle to Spokane Fal a. over 800 mlies, la under contract,
of which 40 miles mare on the western end .nd 45 m'leson the e stern
will be completed sad In operation tale yesr. and the remainder of the
main line la to be completed by May, 1890. Construed' n work on 40
miles mure of the Northern branch has begun, and It u very probable
that the whole of tbts branch to a connection with the Cna'lan Pecl9c. 90 miles will ne completed within a year. (V.46, p. 669. 739.)
shamokla, sunbury d l.ewlaburg.— Un« from Shamokln to
West Milton. Pa., with ir»n bridge o»er Susquehanna. 31 miles. The
built by Philadelphia * Beading, and opened In 1863 for IU
road
coal traffic northward. Htock, 91.00v.0oo-. par 0M.
shamokln Valley d P tt.vllle.-IJoeof road, Banbury. Pa., to
ML Carrael Pa.. 27 iuiIm; branch to Lsinoaater Colliery, 3 miles; t -tal
99 miles. The r >ad was leased Februarr 37. 1863. lor 999 years to the
Northern Central Railway Company, with a guarantee of Interest on
the bonds and 6 per cent per annum on the stock, of which 9619.400 Is
owned by Northern Central. Gross earnings for 1887, 938 /,025; net.
8903.409. Oroea earnings for 1886, 9381,612; net. 9216,934. Geo. B.
i
1
;
,
K,
i
mm
<
iv
Roberts. President, Philadelphia.
Hheflleld d Birmingham foal, Iron d Railroad Co.—<AVe
Man.)
Road completed' between Sheffield and Jasper, Alabama.
la Sept.. 1887. Sheffield d Birmingham Railroad was
consolidated with the Alabama A Tennessee Coal d Iron Co. The
aaw company os-aa (he railroad. 70,000 acre- of coal an 1 Iron lands In
tinhorns sad noscree of land la Sheffield. Five blast furnaces are In
course of e. aatroct on. each baring a capacity of 140 ton* ilally. Stock
Is 87.3O0.O0o pref. Mortgage ofl8s8 covers 3 furnaces. 70.000 acres
of atlneral 1 tads, Ac Ruling fund of 4 cents per ton of ooal mined
*
10 cents per ton of Iron made at the furnaces. Is
he hood.. See V. 43, p. 441. E. W. Cole,
New York, office, 10 Wall Street (V. 45. p. 441 )
Valley.— From Bagerstown, Md., to Waynesboro and
section with the Norfolk d Western road at Ro noke.
anohea 17 miles. A close contract for working and an
rraaange of stock for Norfolk A Western stock was made in 18<l In
Marsh. 1SS5, Sidney P. Tyler was appointed receiver. The stock
93\rJ96.*>0. of which 93,057.100 la held by the sTorf. d West. RR. Co.
Prom Jan. 1 to Feb. 39 In 'MH|3 mos.).groesearn , swere9l08,56J.sgat.
91 14.WO-. In '87; deficit. 93,705 In '88, against surplus of 98,906 In '87.
In 1897 gross earnings were 9903,893; net, 9139211c; total deficit
under tied charges. 9473,840. (V. 45, p. 143. 401, 438, 473,614,
649, 744. 907, 8*7; V. 46, p. 40. 197.)
Shore Llae (Coaa.>— line of road. New Haven, Conn., to New
London, Conn.. 50 m. Leased toN.Y. d New Haven RR. Co. In perpetuity
Nov. 1, -70, st 9109,000 net per annum. Dividends 3>e In Jan. and 4 In
July, rum iailiias sail
en tan tiifl fl In tnnnm irts if Mini
97 miles
i
m
ii
i
mum
«h re report A Houston.- From BhrcTeport Im..U> Lngansport. La.,
40 m.; coaaeets with Hoas. Bast d W. Texas road, forming with that s narrow gauge line., f i30m. from Hhrevep't to Houst'n. K. L Bremon.l.Pns.
Mllvsr Hprlngs Oca a A t.iilf.— his naad la projected from. Silver Springs, Fla. to Pout PlaeUos oa Tampa Bay, about 170
I
,
I
.v
4.204.160
114.539
4.85O.0O0
.10.000
2.538.000
3,356.000
-
!
391.000
LOW
1
:*
300.000
400,000
300,000
m
None
1
"e'g.
00
Last paid Jan., 1885.
Last paid Oct., 1884.
J.
O.
l.OOO
1.000
347
110
d
d
Feb.
4.620.110
1.W60.000
1.<KX»
1878
1890
1880
1887
A.
9300
vjm Varum*
1881
i-;t
865.-
1,(00.000
1,000.000
i.ooo
•JIT
247
199
199
J.
I*
A J.
d J
d J.
4
A J
4 Hi
j
A
J.
i'A J.
I*
g J. d J.
A. A O.
l
6
J. d J.
Yearly.
6
6
J. d J.
J. d J.
s«- MA N.
6* A. d O.
F. d A.
5
14 g. J. d J.
1.000
1.000
100 do
100
lOOOAo.
1,000
18M
Mrhuilklll Valley.—Owns from Palo Alto
nlagi
3.270.000
4.113.000
2,269.000
r 80,100
1.30 '.000
1,000
1,000
1,000
LB81
347
347
183
1st mortgage (far 930,000.000)
Mra f7snf» IX. 1.) OonaoLmort. convcrtHilc c
stocks- Last
Dividend.
9100 91.302.900 5 OB com. M. d N. Bait.. Finn.* Plant. Bk May
F. d A.
Portsmouth, Va.
100 do.
Aug.
990,000
9
ft. 0,000
J. d J. New York. Bait. A Pblla.' July
5
1,000
6g. F. d A, N.Y., Union Tru-t Co. Aug.
1.000
1300.0 o
N. Phlla., Phil. A Read.RR. May
5
1,000
1,000.000
F. A A.
do
do
1,000
500.000
Feb.
F. d A. Phil ad e phia,Treasurer. Aur.
50
3
869,450
do
3.000.000
do
7g. J. d J.
July
500 da
"87 1886
87 ISM
L)
(for 95,000,000)
nwrtgagebonds
aVwlA rivrida- 1st
Par
Value.
1989
81
notice of amy error discovered In these Tables.
Bond*— PrinciINTEREST OR DIVIDENDS.
pal. When Doe.
Size, or
'
Bond Banna
tables.
113
N\
Y. Office,
Jan.
April
Jan.
*
paid.
10 Wall.
1,
2,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1888
1916
1929
1931
1918
1924
1888
1901
1909
1931
1933
Jan. 1,1938
do
do
do
Jan. 1, 1936
do
Jan. 1, 1S09
N. II.. Nat N. H. Bank.
July, 1888
March. 1910
do
do
July 1, 1914
It)
July 1, 1915
N. Y., Agency.
Feb. 1, 1883
London.
On demand.
N. Y.. 68 William street. Oct. 1, 1930
do
Jan. 1, 1931
do
Jan. 1. 1931
Jan. 1, 1915
N. Y., 50 Exchange PI. Jan. 1, 1890
I-ondon. Baring Bros.
May 1, 1903
N. Y.. 50 Exchange PI. April 1, 1910
Aug. 1, 1936
N. Y., 50 Exchange pL
New York Offloe.
July 1, 1937
A A
Feb.
(t)
1.
1933
and completed
to Uunellon. 34 miles. Capital stock, 91.500.000. There
Is a land grant of 13,840 acres perm., of whloh the mortgage covers 4,000
sores perm. The proceeds of landsalesup to 9100.00 'yearly go to retire
the bonis at 110 and accrued Int. Tons. C. Hose President, 56 Wall St
aoath Carolina.— Owns from Charleston to Augusta, 6. C. 137 m.
branches to Columbia. 68 m., and to Camden, 38 in.; extension. 4 miles,
total main line and branches. 347 in. Default was made and the road sola
mforeolosureJuly 28. '8 Land the company was reorganized. There were
on Dec. 31. '88. 9 171.000 old ft per c 1 1st mort extended bonds, payable
1887 to 1892. and 98,000 7s. due 1907. In addition to those above.
From January 1 to June 30, 1888 (6 mos.). groat earnings were 9593.7<>3, against 9VJ2.1.-.C In 1X87; net, 9139,346, against 999,3 78.
The annual report for 1887 was In the c.ih.imclb, V. 46, p. 737.
IKCOMK ACCOUNT.
ittd
1880.
1889
1817.
Netetrnlngs
Other receipts
Total net Income
DisSa r srani i H
Interest on debt....
n.784
I
^,)
8
8
328.1S6
137,404
33.454
314.869
lawsjRM
10r481
30.271
"358.427
:..si4
3-2.722
374,324
386,437
389,643
t ..2<1
888
813
L2M8
3"»2..-)4*
3H7,2.'.«l
393,974
sur. 5,630 def. 24.117 def. 327,392 dot. 70.938
Total lUsburaem'ts..
Belan.-e
p. 737; V. 47. p. 140.)
-(V. 46.
Soath Florida.— Owns from
Bartow Branch, 17
miles:
Sanfonl to Tampa, Fla., 115 miles;
Pemberton Ferry Brunch. 56 miles operThe road Is
;
ates Sanfonl to Lake Charm, 18 miles—total, 307 miles.
-a t of the Savannah Florida d destern system.
l
d
sooth
North Alahaaaa.-(£ee Map of LouUvitle 4 NathnUe.\—owns from Decatur. Ala., to Montgomery, Ala., 183 nillea,
with a branch of 8 miles from Elmore to Wetrunpka. The road la
controlled by the Louisville A Nashville BB. Company, which owns a
majority of the stock and all of the second mortgage bonds, 81 .960,000.
due 1910. which are pledged with the Union TruatOo. as security for the
1 oulaville A Nash v. Iannis, dated June 1, '80. Common stock. 91 .469,082;
pref. stock, 9J.000.000; par 9100. In year .ndlng June 30. '87. grow
earnings were 91.871.323 net, 9584.134; Interest and taxes. 1 459,343.
South PnelOe Coast (Narrow-gauge). -Owns from Alameda
to Santa Crux. 87 m.: branches. 33 iu. total. 110 m. The road Is leasea
for 5 years to the Southern Pacific Company, which company guarantees the bonds. Trustee of mortgsge Is Farmers' L. A Tr. Co. Tha
stock U OH.OKMXXI. Gross earns.
9870.157; net.930J.284. In 1887
gross earnings were 9521,639; net, 9230,363, (V. 45, p. 113.)
South Pennay I vaala.—The line was in progress between Danish.
A I'ittai'.. 22 > miles, making a western extension of the Pliila. A Beading system.
Iu July, 188 >. it was agreed that the Vandorlitlt Interest
should be transferred to the Pennsylvania Onmpany, and that company offered 962)00.000 3 p. c bonds of the Bedford A Bridgeport KB.
guaranteed by the Penna. RR. Co. Bnt the Attorney -General of Pennsylvania brought a suit to enjoin the transfer, and this suit In Oct,
1888, was decided by the Supreme Court of Pennsylvania against the
transfer. In 1888, a new arrangement was proposed for completing the road. (V. 45, p. 85, 113, 143; V.46, p. 301, 581, 590, 631.)
Southern Central IN. T.)—Owns from Nortn Fair Haven, N.Y..
to Feu sylvan a State Line, 114 miles. Leases the Ithaca Auburn at
~
FroevlUe to Auburn, 38 miles,, State Line to Sayre, 3 miles.
Total operated. 154 miles. The Lehigh Valley leased lus road from Jan.
1, 1887, for 975 j ears, without any guaranty of Interest, and It la
operated by the Pa A N. Y. Canal Co. The oousol. 5s are convertible
Into stock at option of holders with n ten years, and 9100,000 are held
In trust to retire 990,000 of 7 per oent prior bonds due in 1899.
SIX
coupons from Ang. I, 1886, Inclusive were funded into lnoome bonds.
Stock, 91,77 4.950; Par. 9100. In 1885-86, gross earnings were 9467,068
nnt 461,453 In W-87. gross, 9483,482: net, 933.894; deficit under
Interest taxes and rentals. 9182,827. (V 44, p. 33.)
Southern Pacific CO.TIPAW V.. —Tills corporation was organised
Aug. 14, 1884, under the laws of the State of Kentucky. It holds most
of the stock of the Southern Pacific of California and the other railroad*
connecting with It to New Orleans, and leases each of those roads; also
has a lease of the Central Paclrlo for 99 years. The stock of each of
the said companies owned by the Southern PaclHc Co. Deo. 31, 1887,
and the percentage of net profits of the whole system payable under
the lease to the several lessor companies are as follows:
Bo. Pec. RR. Co. of California, 943.997,900. <6>t percent; So. Pac. RR,
Co. of Arixona, 91 9,995,000. 12 per oent; So. Pac. RR. Co. of New Mexico,
96,688,800, 4 per cent Mor. L. A Texas RR. d 88. Co., 84,063,700, 33>a
per oent; Gal. Harris. A San An. Ry. Co., SJ6.378.4O0. 16<« per cent
Texas A New OrleanssRy.
Ry. Co., 93,000,000, 7«i per cent; Louisiana Westem RR. Co., 93,360,000,
80,000, 3i,
3>, per oent; Mexican International RR. Co•1172.100; New York
fork Texas A Mexican, *9605,000; South PaoiUo Coast
tO.OOO.OOO; Total, 9120, 134,900; Oalv. Har. A San Ant., West. Div.,6aT
91.lld.00i.; total stock and bonds, 9121,269.900.
;
:
<
W.
i.
I
:
t
;
if
i
From Jan. 1 to July 31, In 1888 (7 mos.), gross earnings on the whole
11
haiii,, 930.863,9»8
ui '87
mneo were Ti.i.di.i.uo,
925,796,011, against
svotein (3,634
evsMMU
l.),oa* miles)
f«v,eM,,ro In
(5.533 miles) net 88.529,989. against 97,708.658; adding reatals from
leased lines and other receipts, the total net lnoome was 89,156,333
uxedouarges, construction, improvements, Ac., 9423,'.)! 11.
;
•
1
>.v
*
1
v
1m ±
mm
114
h
3-"--
Z
,j
<*
INVESTORS'
SUPPLEMENT.
[Vol. XLVII.
U1U1BBR,
1888.]
RAILROAD STOCKS AND BONDS.
115
MAP OF THE
SHEFFIELD & BIRMINGHAM
COAL. IRON
& RAILWAY CO.
—
r.
.
SUPPLEMENT.
INVESTORS'
116
[Vol..
xlyii.
treat favor by giving Immediate notice of any error discovered In these Tables.
Bonds— Prtnoi
INTEREST OR DIVIDENDS.
DESCRIPTION.
— pal, When Due
Miles Date Size, or
Wnen
Where
of
Par n,,tJt,i>,,iinoBAie
Payable,
of
and
by
Stocks— Last
I>er
r explanation of column headings, Ac, see notes
outstanding
c .
payable
Whom.
dividend.
Payable
Road. Bonds Value.
on first page of tables.
Subscriber* will confer
WoutAern Pacific COXPAITT-Stock ($100,000,000) 5,576
Ami*. Pa*.o/Art»ima— 1st M.,g.. guar, op. or reg.. 384
South. Pac.i Oat.}— 1st M., e. laud irr., op. or reg.. s. f. 1,022
r
15
Monterey, 1st M.. sink. fd. $5,000 yearly
167
Southern Pacific of N. Mexico— Mort., coup, or reg.
321
Southwestern I O a.}—Stock. 7 p. c, guar. Cent. Ga. .
81
Southwest Pennsylvania—Stock
1st mort. sink, fund, $50,000 yearly, not drawn.
""6
Bpuyten Jhtyvil <* P't Mor.— Stock, 8 %, gu. N.Y.Cent.
24
mate Line & Sullivan — 1st M., oonv. (red'ble aft. '88)
13
Staten Island—1st mortgage
C AU.
Stolen Island Rapid Iran.— IstM., $ or £
2d mort. guar by B. AO. cp. or reg., gold
Incomes, gold (non-oum.)
45
Stockton <t Copperopolis—1st mort., (guar, by C. P.)
Suburban
in Rapid Transit—Stock ($9,600,000)
1st mortgage bonds (for $6,600,000)
20
Summit Branch {Pa.)—Stock
20
1st mortgage bonds, sinking fund...
43
Sunbury Hattetorut Wilkctb.—lat, $5,000 dr. atlOO.c
,
2d mortgage. Income
it Z/ewwIown— Stock
1st mortgage
Suspension Bridge <t Erie Junction—Stock
Sunbury
0"
c
A Interest
guar, by Erie.
BaldwinivUle.— 1st mortgage, gold. ..o*
1st mortgage, principal
Syracuse <£
Syracuse Binghamton
it tf. F.— Btock
and Int. guar. byD. L. A W.)
Syracuse Geneva it Corning—1st mort., 8. f. 1 p. 0. .c
2d mortgage
Syracuse Ontario it New York— 1st mort
2d mortg.. Income (for $500,000)
Consol. M.
(i.rin.
43
it
43
23
23
7
$100 $81,027,770
79-'80
1,000
75-'82 500 <fce.
1880
1881
1,000
1,000
100
50
1877
1,000
100
1879 100. Ac
1,000
1873
1883
1,000
1,000
1886
1885
1,000
1875 500 Ac
1886
1,000
1874
1878
1878
1.000
57
"43
Ac
Ac
1876
1870
1886
1.000
1876
1875
1879
1883
1883
1,000
100 Ac.
1.000
1,000
1,000,000
160.000
2,500,000
1,966,000
880,000
600,000
900,000
500
100
$13,283,226
5t0,691
$15,217,963
574,691
Taxes
$13,843,917
$1,867,165
888,622
$15,792,654
$1,911,641
1,022,263
Balance surplus
$2,755,787
$11,088,129
$2,933,904
$12,858,750
Total surplus
Rentals paid.
—(V.46, p. 76, 201, 539, 648, 650, 651, 771;
V. 47, p. 69, 344.)
Southern Pacific of Arizona.— This is the connecting line of the
South. Pacific of Oil., extending from Yuma to N. Mexico boundary, 384
miles. The stock ie $19,995,000. The bonds consist of 8eries A $6,0u0,000, due 1909, and Series B, $4,000,000, due 1910. Operated under lease
to Southern Pacific Co., the lessee paying all charges and also 12 per cent
of the net profits of the whole Southern Pacific system.
In 1887 gross earnings were $1,756,519; net, $702,787. In 1886,
gross, $1,525,221; net, $647,592. (V. 44, p. 370.1
O.
O.
Mar., 1909-10
A6
7
7
7
1905-6
April
N. Y.. Of., Whitehall St.
do
do
Br'd
Jan
1,
1,
Jan.
Jan.
Jan.
1,
I,
1.
Feb. 16, 1876
Jan. 1. 1904
St.
do
do
Philadelphia, Penn. RR.
do
do
Phila..
Guar. T.
do
May
May
A D. Co
2
7
7
5
6
6
1,
1,
1928
1938
Oct. 1, 1888
do
July
N. Y. Lake Erie A West.
A J N.Y., F. C. Hollins A Co
Q.— Mar N.Y..D.L.AW.RR. Co.
A. A O.
do
do
M. A N. N.Y.,Farmers' L.A T.Co
M. A 8. N. Y, Gr. Cent Depot.
None paid.
J. A D.
6
1926
1946
1905
1936
Phila.,233 So. 4th
A" J.
J.
J.
A
1912
1900
1911
June, 1888
-ept. 29, 1888
Feb. 1, 1917
N.Y., Qr.Central Depot.
July, 1888
N Y., Union Trust Co. Jan. 1, 1899
». Y.,S. I. Rap. T. Co.
April 1, 1893
N. Y., Lond. A Glasgow. Jan. 1, 1913
J. .Y.Y.,So.Pac.Co.,23
A A.
A J.
M. A N.
MAN.
A. A O.
J. A J.
6
3
Nil.
3. N.V.,So.Pac.Co.,
A.
A.
F.
J.
7
5
23 BrM
do
do
do
do
do
do
8ayannah,Cent.RR. Bk.
Philadelphia, 233 So. 4th
do
do
J.
m.'a'n.
"i'
3
4,010,350
1,185,000
1,185,000
1,350,000
600,000
500,000
500,000
Theanniialreportfor'87wasin Chronicle V. 46, p. 648,651. Earn's o
the whole system includ'g 88. lines, In '87 and '86, were as below given:
1886.
1887.
4,846-53 miles.
5,576-04 miles.
$37,93o,162
$31,797,882
Gross earnings
18,514,655
22,712,198
Operating expenses
Earnings over operating expenses
Rentals received
500,000
641.865
50
500
100
81
81
4500.000
(1)
50
100
100
A
A
f* J. AA
it J. A
5
M. A
7
F. A
4
J. A
7
J. A
7
A. A
6g. A. A
A
J.
5*
5 g. J. A
10,000,000
33,303,000
230.000
4,180,000
5,090,400
998,850
000,000
989,000
200,000
300,000
1,000,000
2,500,000
-
1,
1896
July 1, 1900
July 1, 193rt
Sept. 1, 1888
Oct. 1. 1906
Nov. 15, 1905
Mar. 1. 1909
1933
1983
A
State Line
Sullivan.—Owns from Monroeton, Pa., to Berenice
Pa., 25 miles. Stock, $990,00C (par $50). The mortgage covers 5,000
acres coal lands. In May, 1884, this road wap leased to the Penn. A N. Y.
Canal & RR. Co. for fifty years rental, $40,000 per annum.
,
;
Staten Island.— Clifton
to TottenviUe, 13 miles.
Capital stock
origl'ially $210,000, par $15 per share, but being bnught by oompany
for $65 a share this Is now taken as par value, and whole a uouut as
$010,000. Leased to Staten Island Rapid Transit Co. for 99 year's from
July 31, 1884. at $80,600 per annum. Dividends in 1885 86 and in
18s6-87 6 percent 01 $65 shares.
RR.—
The line of road is around
Staten Island Rapid Transit
the Staten Island shore, east and north sides, trom Van-'erbilt Landing
(Junction with the S. I. Railway) to a point opposite Elizabethport, N.
It has a 99 years' lease of tlie S. I. Railway aud controls the Ferries
J.
to N. Y. City. In November, 1885, the agreemeut with Bait. A Ohio
was reported for making the terminals of that KR. Co. at St. George
by means of a bridge over the Kills at Elizabethport. The bridge
was completed In June, 1888. The B. A O. guarantees the 2d mart,
bonds of this Co.. and owns a majority of lti> stock of $500,000. The
Income bon Is are held by the B. A O. and 8. 1. R. T. js., one-half each.
From Oot. 1 to Au*. 31 in 1838 (LI mo iths) gross earnings wore
$810,743, against $749,892iu 1887; net, $236,812, aaratnst $183,247.
In year ending September 30, L887, gross earnings of ferries aud railroad were $342,278; net, $223, <57; surplus over Interest, taxes, ren(V. 44, p. 495 V. 45,
tals, Ac, $ J52. See annual report, V. 46, p. 101.
p. 212, 643, 696; V. 46, p. 101, 102, 610, 803; V. 47, p. 140, 161.1
:
Southern Pacific (of California). (See Map.)— Line of Road.—
Tit road in California is In two divisions— the North. Div. from San Fran,
to Tree Pines, loo's m.; Carnadero Junction to Templeton, 139 in and
Stockton
Copperopolis.— Stockton to Milton and Peters to
leased line, Castroville June to Monterey, 15 in.; Santa Cruz RR., 26 in.; Oakdale.Cal., 4w miles. Leased to Central Pacific Railroad Company for
Hillsdale to Almaden, 8 in. total in North'n Dlvis'n, 2o8 m.;— the South'n thirty years from January 1,1875. By the terms of the lease the lesDivision, Huron via Goshen to Colorado Kiv., 529 in.; Los Angeles via see agrees to pay principal and interest of the bonds. Capital stock,
Wilmington to San Pedro, 25 m.; total South. Div., 554 m.; total South. $234,500. In 1887, gross. $1 18,637 net, $55,240.
Pac. in Cal., 842 m. The Colorado Div. of 242 m. is leased and opera ed
by the A 1 1. A Pac. Railroad.
Suburban Rapid Transit.—This oompany has built a bridge
tlie Harlem River, N. Y. City, and is in operation to 161st Street,
Organization, Ac—The Southern Pacific was a consolidation Oct. 12 across
Y., -2H) miles. The Line as laid out is 14-90 miles Ion <. Liitl informaN.
1870, of several lines in California. The Central Pacifio RR. leased tion has
yet been obtainable conoerning its finances. In July. 1886,
111
the southern division, but
Maroh, 1885, this lease was annulled and
Elevate 1 stockuolders were offered the privilege of
the whole line was leased to the Southern Pacifio Company on the basis the Manhattan
taking
its stork and bonds, as follows:
Each 100 shares of Manhattan
of lessees paying all charges, and giving to this company 20 Ha per cent
entitled
to take 7 shares S. R. T. Co., and 7-10 of a $1,0.10 bond.
of the annual net profits of the whole S. P. system. In October.
Sept. 30, 1337. gross earnings were $13,244; defluit
In
year
ending
A.
1884, leased to the
A P. the 242 miles of road extending from the
western terminus of the A. A P. to Mojave, and right of way over the bal- under operating expenses, $19,254. Samuel B. Filley, President, N. Y.
ance of the line to San Francisco, at a fixed rental. (See V. 40, p. 59 1.)
Summit Rranch (Pa.)—This company's business is almost enStock and Bonds.—The authorized stock Is $90,000,000, of which tirely in mining coal; it leases the Lykens Vallej RR., Miliersburg to
has
been
Wiliiamstown,
Pa., 20 miles, aud has a small branch of its owu to Sum•45,994,800
Issued and is held mostly by the So. Pacific Co.
The bonds above are in series A, B, C, D, E and F, of whioh A Included mit Mines, % of a mile The road is operated by the Nortlieru Central
contract.
915,000.000 and B, C, D and E each $5,000,000, the balance being in under
Penn. RR. owns $2,190,100 stock and $500 000 bonds.
From Jan. 1 to All*. 31, 1888 (8 months), gross earnings from coal
aeries F; the bunds are issued at the rate of $40, J00 per mile on
operations
road and lands, except the Colorado Division, which is bonded at $30,- and mining
of Summit. Branch propir were $957,910,
<KiO per mile, rhe series A, B, C and D mature in 1905-6, the series E against $790,184 in 1887; net. $135,230. against $4,153.
and F In 1912. The bonds are a mortgage on the lands, and as proceeds
In 1887 gross oarnings were $1,358,814; net. $128,260; surplus over
of lands come Into the hands of the trustees, bonds are purchased and interest, $45,310; deficit under Lykeus Valley deficit. $55,051. In
retired. There Is also a sinking fund of $100,000 per year.
L886 gross, $734,123; net, $12,7o2; deficit under interest, $70,168.
Land GHANT.-The land grant was 12,840 acres per mile, and proceeds —(V. 46, p. 173, 228.)
Of sales go to retire bonds. The total grant Is estimated to furnish
Sunbury Hazleton A WHkesbarre.—Sunbury to Tomhioken.
10,445,227 acres, but a large proportion of the lands Is barren and Pa., 43 miles. Foreclosed March, 1878. Stook, $1,000,000, all owned
useless for agricultural purposes without Irrigation. In 1886 the sales by the Penn Railroad, whioh pays net earnings as rental. Sink, fund
yere 313,634 acres for $887,393; land bonds redeemed, $817,000; for 1st mort. draws *5.000 yearly at par. Gross earnings In 1887,
land notes outstanding Deo. 31, 1886, $2,253,822.
$454,699, net, $221,021; surplus over charges, $77.725 dividends (5
A
;
;
;
•
;
In '87 ioih-im urn's ol North. Dlv.were$l.727,^45;net, $782,445. In '87
gross earnings of Southern Division were *3.885,4t>3; net, $1 268,6 .7
In '86 gtoesearn'gs ol beth divisions were $4,943,955; net, «1,879,939.
Southern Pacific or
'
'
•
•
Southwestern («i.)-Omn Macon,On..to
Eufaula, 144 m. and
1
ni.; the main one being from F't Valley to Colu lubus.
71 in
-1 in perpetuity Aug. 1, 1869, to the Central RR. of Georgia, v hioh
b* the liabilities and guarantees 7 per cent on ttie
stock, but 8
cent
Is to be paid If 10 per cent Is paid on Central
r-i
scook.
branches 89
A??"i
Greensburg, Pa., to Falrchance, Pa.,
? p enn»ylT»nia.—
miles; total, 81 miles. Opened
t,,w< t
,
?" d n ancu <". 37
§*"-!*•
d
ar, tol
April
I'
1,
1873
'«'»»;-lvaiilaKR..wnichope re t« It at cost. pa£
re
nn KB OWD » *704,850 of stock and
00O0O^r
n
u
w.uoo
of iMUids.
In 1887
gross earning) were $814 437- net
flxed
h,ir « e8 «352.^5; dividends
<lo i»ei cent), *90,903. In 1886 gross.
$756,139; net. $399,330.
ar
l
Port
™<>«TlB.-Road
is 6 miles In length and
¥
,*r
•?*nne^ tuo^wvo'ii
Central lfe HuUlM)n wlUl tll „
Leased to Now York Central November 1, 1871,„till y k &
Dec 31.' 1970
Rental Is 8 per cent on capital stock of $989,000.
lf^y'U,
>-
S S ?K ^
affSE^^S^^SV*
J^mV,^
V
-
-
,
-
'
$£££
J.
N.
Di Barry,
President. Philadelphia.
Sunbury A Lewlstown.—Selinsgrove
Junction to Lewlstown,
Leased for 99 years from July 1, 1876, to Pennsylvania
for contingent interest il net earnings, whioh in 1834 were $105,855; In 1885, $168,268; In 188b, $123,536; In 1837, $156,709.
Pa.,
New Mexico.— Road
extends from Arizona State Line to the Rio Grande at El Paso, Texas, 171 miles. Operated under le»sc to Southern Pacifio Company, the lessee paying all
charges and 4 per cent of net profits of the whole 80. Pacific
8 M k •„*<, 888 800 Gross earnings in 1886, $667,196; net,
R?S
^. V
9310,131; In 1887, gross $785,736; net. $313,408. (V. 44, p. 370.)
m
per cent), $50,000.
43 miles.
RR.
Suspension Bridge
A
Erie Junction.— East
Buffalo Junction
to Niagara Falls and Suspension Bridge, 23 miles; Look. A Buff. RR.
leased, 14 miles; total operated, 37 miles. Road opened January, 1871.
Western Railroad Co. at 30 per oent
It is leased to New York Lake Erie
of gross receipts, which are guaranteed to be not less than $105,000 per
A
annum. Lessees own
A
Syracuse
all
stock except 297 shares.
Baldwlnsvllle.— Owns
Baldwinsville, N.
Y., to
Aohov.N. Y., on the West Suoie Railroad about 7 miles. Stock is
$60,000— par $100. In year ending Sept. 30, 1887, gross earnings
were $11,196 net, $2,642 deficit under interest, $4,558.
;
;
Syracuse Binghamton
A New
York. — Owns from Geddes,
N. Y., to Binghauiptou, N. Y., 81 miles. Chartered as Syracuse A Binghamton and opened Oct. 18, 1854; foreclosed and reorganized April
30. 1857, and controlled by Delaware Lackawanna A Western. In year
ending Sept. 30, 1887. gross earnings were $807,096; net $353,278.
-(V. 45, p. 212; V. 46, p. 610; V. 47, p 161.)
Syracuse Geneva
miles.
A
Corning.—Owns from Corning, N. Y., to
Y., 58 miles, and Penu Yan to Dresden, 6 miles ; total, 64
This road was opened December 10, 1877, and Is leased to
Geneva, N.
Septembeb,
18U8.J
RAILROAD STOCKS AND BONDS.
117
;
SUPPLEMENT.
INVESTOES'
118
[Vol. XLVII.
Subscriber* will confer a great Error by Living Immediate notice of any error discovered In these Tables.
Bonds— Prlncl
INTEREST OR DIVIDENDS.
liKSCKIITION.
Miles Date Size, or
pal.WhenDue.
Amount
per When Where Payable, and by Stocks— Last
Par
of
of
For explanation of column headings, Ac, see notch
Outstanding Rate
Cent.
Payable
Road Bonds Value.
Whom.
Dividend.
on first page of tables.
IVrre Eaule
d Indianapolis— Stock
114
114
114
182
93
65
173
177
52
228
105
104
($1,988,150).
cat
1st niort. (provl led for by consoi mort.)
Consoi. mortgage for $2.200.000
Terre Ha't'.t £ Logansport.— Stock
by Terre Haute A Ind'napolis
1st mortgage, guar,
toSoutb Bcnd(2rton93m.),guar.
Terre Haute * Peoria— 1st mortgage, gold
Texas Central— 1st mortgage, gold
N. E. Div.. mort.. gold (2d on 177 miles)
General mortgage, (pledged)
Itzat <t If. Orleans or>74— 1st mortg. land gr., coup
1st M.. on I.cgans
Sabine Division, ls't mortgage, gold
Debentures
1,487
Texas * Pacific— Key; stock, $50,000,000
524
1st mortgage, gold, coup. (Eastern Dlv.)
c* 1,487
1st consoi. mort. for $25,000,000, gold
2d consoi. M.. Income, non-eum. ($25,000,000), g.c* 1,487
Texas & Pacific Land Trust— Stock
54
Tioga RR.—\m mortgage, due 1882 and extended
54
Consolidated mortgage
20
Extension bonds
Elmlra State Line Railroad mortgage
7
«1
Toledo Ann Arbor <t N. Mich.— 1st (T. A. A. A G. T.)
.
1st mort., gold, Ann Arbor to St. Louis, Mich
c*
1st
T. A. A. A Mr. Pleasant R'j.gold
c*
1st M„ Tol. a. A. A Cadillac Ry.. gold
Toledo <t Ohio Ventral— 1st mort. gold, Interest guar
Tol. Peoria <e West.— 1st M., new (for $5,000,000) c*
Debenture sorlp for coupons lu 1888 (pay. at will).
100
20
M
(it
19«
230
$50
1873
1885
1.000
1,000
1879
1883
1887
1879
1881
1884
1875
1882
1883
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1875
1888
1SSS
1,000
1,000
1,000
50
1852
1876
1875
1875
1881
1884
1886
1886
1885
1887
1888
100
100
1,000
1,000
1,000
1,000
1,000
1,000
the Fall Brook Coal Co. at a rental of 33is per cent of its gross earn
lngs. Stock is $1,325,000. In 1884-85 gross earnings were $671,690:
net, $163,611; rental, $223,897; taxes, $10,559 deficit to lessee.
970,844. In 1885-6, gross, $638,921 net, $167,434; rental, $212,974;
;
;
New
York,— Owns from Syracuse, N. Y.,
Syracuse Ontario A
to Earlville, N. Y., 45 miles. The road was twice sold in foreclosure
and reorganized under present name in 1883. The West Shore acquired
control of the property. Stock. $404,600— par, $100. In year ending
Sept. 30, 1887, gross earnings were $98,941; net, $9,540; deficit, $44 461.
Earnings in 1885-86, gross, $88,505 def. under int. and taxes, $47,811.
;
Tennessee midland.— Owns Memphis
1,
to Jackson, Tenn, 86 miles.
Extension, 50 miles, to Tennessee River in
1888.
progress.
Terre Haute
Indianapolis.— Owns from
A:
1,254,(100
2,28tS,000
1,620,000
2,075,000
584,000
38,706,700
3,784,000
21,049,000
23,227,000
10,370,000
239,500
125,000
265,000
160,000
1,260,000
2,120,000
40.1,000
1, 260,0 ao
3,000,000
4,500.000
135,000
In 1888, the
3
7
F.
A.
5
J.
A
A
A
J. &
"e"
6
J. A
5g. M. A
".A
7
S M. A
l
M. A
F. &
7
M. A
8* J.
&
A. N.Y.,Fanners' L.ATr.Co Aug.
do
do
O.
J.
A
M.
A
J.
5'
do
Jan.
Jan.
Mar.
Nov.
M.'AN. Phil.,Newhold Sons ACo Nov.
& N. N.Y.. N. Y. L. E. A W. Nov.
7
7
7
1888
893
1925
1,
1,
1,
1,
1,
1,
1,
N.Y.,Mer'ieTr.Co.APhil March 1 1905
do
do
June 1, 2000
Deo. 1, 2000
8.
D.
March 1
g.
1,
1910
1913
1937
1909
May
1911
None paid.
Nov.
1934
N.Y„8>.Pac.,2JBroad. Aug.
190B
do
do
March 1 1912
do
do
1893
do
K. Y., Union Tr. Co.
Last paid Nov., '84.
Last paid Nov., '84.
-
5
1,
April,
July
N.Y.,Fanuers'L.ATr.Co.
ft.
"s*
do
do
1,
1,
1.
1,
1,
N.Y., Central Tr. Co.
1,
N.Y., Amer. L.
Tr. Co, a ept. 1,
N.Y., Office, 150 B'way, March 1,
N. Y., Central Trust Co, July 1,
Last paid July, 1887.
July 1,
April 1,
M.
& O.
A O.
*• J. A J.
s
2«- M. A N.
6 g. M. A S,
6g. M. & S.
J. A J.
S g J. A J.
A. & O.
Elinira.ChemungCo.Bk. Oct.
do
do
Oct.
N.Y.,Farmers' L.ATr.Co Jan.
A.
A.
&
-
company was reorganized pursuant
to by stock and bondholders, without
in foreclosure made iu Nov., 1887.
May
1915
1896
1905
1905
1921
1924
1916
1917
1935
1917
1893
to the plan assented
having the Court confirm the sale
The plan
of reorganization provided that the old first mortgage due
all others should be foreclosed.
A new 5 per
"A" (subject to the old niorts. and Texas lien, $3,951,000 iu all), was made for $25,000,000, and a new 5 per cent
income second mortgage, " B," for $25,000,000, non-cumulative.
The new stock is $50,000,000 authorized, and was Issued share
for share to old stockholders who paid the $10 per share cash
assessment.
A Land Trust was formed, and its stock issued to
holders of the land scrip and the income land mortgage bonds, and'the
certificates of $10,369,410 are listed at New York S'.o'ok Exchange.
(See V. 47, p. 83.) These aro in the Supplement under the title Texas
Pacific Land Trust in miscellaneous companies.
Trustee of first mortgage of 1888 is Fidelity Ins. Tr. A Safe Dep. Co.
of Philadelphia; of second mortgage of 1838 Mercantlli Trust Co. of
N. Y. Unless full interest is paid on income bonds after March 1, 1S92,
the income bondholders may take control. (S ie mortgage abstracts,
Chronicle, V. 47, p. 82.)
Range of stock prices since Maj 9, 1888, of new stock, have been,
to Sept. 21 .1888, 18VS26%.
1905 should stand, and
loss to lessee, $45,540.
Completed June
$1,401,880
1,600,000
300,000
500,000
500,000
1,000,000
1,800 000
2,145,000
Indianapolis to nil
cent 1st mort.,
with coal branches, 35 m.; total, 114 m. The road
Terre Haute A Richmond). The company leases
and operates the Terre Haute A Logansport RR., also the Sf. Louis
Vandalia A Terre Haute Road on joint account with the Pittsb. Cin. A St.
Louis RR., at 30 per cent of gross earnings, but guarantees the first and
In 1885 the gross earnings were $5,826,401. and the net, $1,0)5,619.
second mort. bonds. In June, 1887, a controlling interest in the stock
was sold to H. 8. Ives and others in the Cincinnati Hamilton & Davtoi In 1886, gross eamln/s were $6,042,305; in 1887, $6,183,769. (V.
Interest. In 1 885-6 gross earnings $1,053,090; net earnings and other V. 45, p. 240, 803, 401,614.643, 821; V. 46, p. 134, 171, 321,539,
receipts, $306,672 interest and 6 per cent dividends, $246,289; loss 610, 621, 699, 819; V. 47, p. 82, 83, 314.)
onT.H. A L. lease was $89,482. In 1884-85 gross earnings, $1,060,631;
Income, $358,470; interest and 6 percent dividends, $231,289: loss on
Tioga.— State line junction, N. Y., to Hoytville, Pa., 61 miles, and
betterments to T. H. A L. road, Blossburg, Pa., to Morris' Run, Pa., 3 miles, of which is leased Elmlra
T. H. A Logansport lease, $76,634
$45.202 surplus for year, $5,345. No information received since State Line Railroad, State line New York to Northern Central Rail1886. (V. 44, p. 714, 751; V. 45. p. 85; V. 46, p. 321.)
way Junction. 7 miles; and Arnot A Pine Creek RR., Arnot to Hoytville, Pa., 12 miles.
Controlled by N. Y. L. E. A W. In 1887 gross
Logansport.— Owns from South Bend, Ind. earnings were $363,044; net, $127,8)1; surplus over interest, rentals,
Terre Haute
to Roekvllle, Ind., 159 miles; leased, Rockville to Terre Haute, 22 miles. Ac, $57,845. The stock is $391,200 common and $189,700 preferred;
Formerly Logansp. Crawfordsv. A Southw. par $50.
Total operated, 1B2 miles.
which was sold in foreclosure Sept. 10, 1879, and reorganized under
present name. Leased by Terre Haute A Indianapolis Railroad for 99
Toledo Ann Arbor
North Michigan.— (See Map.)—Owns
years from D»c, 1879, at 25 per cent of gross earnings, and first from
Toledo, O., to Cadillac, Mich., 235 in., and branches to South Lyon
mortgage bonds guaranteed by that company. Rental "in 1885-86. and Macon
Stone
Quarry,
10
total, 245 m. In December, '87, the
loss
to
lessee.
$89,482. Rental in 1884 85, $108,562: loss connecting road
$119,759;
to Muskegon was opened. Cap. stock is $4,040,000; par
to lessee, $121,836. No late information.
$100 car trust debt, $J2,364. The first mortg. of '81 covers the South.
Peoria.— Road operated from Terre Haute, via Div., formerly called the Tol. A. A. A Gd. Tr'k RK. The $2,120,030 mortg.
Terre limit Decatur, to Peoria, 173 miles, of which 144 miles are owned. Formed in covers road between Ann Arbor and St. Louis, Mich. A full statement
on May 26, '88, to N, Y. Stock Exchange was in V. 46. p. 772. The anJan., 1887, as successor of the 111. Midland, sold in foreclosure Sept. 30,
1886. That road embraced by consolidation the Peoria Atlanta A Dec- nual report for '87 was in V. 46, p. 537; gross earn's being $535,753;
atur, Paris A Decatur and Paris A Terre Haute. Stock, $2,160,000 net, $193,147; surp. over int., $8,347. James M. Ashley, Pres't, 150
V. 46, p. 537, 771.)
pref. and $3,240,000 com.; par $100. The bonds were issued to pay off Broadway, N. Y. (V. 45, p. 768
receiver's certirtcates and to furnish money for steel rails, euuimuents
Toledo
Ohio
Ac. (V. 43, p. 217,431, 738; V. 44, p. 184, 495.)
Central.— Owns from Toledo, O., to Corning, 184
miles, including 12 m. leased; Hadley Junction to Columbus, 29 m.. InTexas Central.— Line of road from Ross, in McLennan Co to cluding 5 m. leased; Corning to Jacksonville, 12 m. leased; total
Albany, Texas, 177 miles; Goirett to Roberts, 52 miles; total, 229 operated, 225 m. This company was formed after sale in foremiles, Is controlled in Houston A Texas Central interests, by which closure of the Ohio Cent, main line on April 15, '85. The preferred
sompany it is operated; but accounts are kept separate. The authorized stock is $3,108,000 and common $1,592,U00; the first mortgage
stock is $1 ,000,000 total issued, $200,265, of which H. A T C holds
is for $5,000,000, but
no more than $3,000,000 can be issued
$50,000 Morgan Co., $75,000 directors, $5,300. Defatdted in interest except by consent of three-fourths of the preseut bondholders. Car
road
and
In 1885,
was to be sold June 29, 1887, but delayed by an ap- trust warrants were outstanding June 30, '»7, to the amount of $744,peal. Iu 3886 gross earnings were $254,892; deficit under expenses 988. The bonds have their interest guaranteed by the Col. & Hocking
and taxes, $13,553. In 1887, gross, $231,522 defioit under oDeratin" Valley
Co., and by an agreement with that company the stock of
* Col. A H. V. was offered
expenses and taxes, $32,132. (V. 44, p. 495.)
in exchange for three-fourths of the new stook
of Tol. A O. C, in the proportion of one share of C. A H. V. for one of T.
Texaa tc New Orleans (of 1874).—Houston, Tex., to Orange A O. C. preferred, and one share of C. A H. V. for two shares of T. A O.,
C. common the remaining one-fourth of T. A O. C. stock, together with
Sabine River), 104 miles and Sabine City to Rockland, 104 miles
tal 208 miles. Belongs to the Huntington- Southern Pacific system'
all that acquired by C. A H. V. by the exohange, were deposited with
together with the Louisiana Western. This was a reorganization 1874' trustees and afterward distributed as a dividend on Nov. 17, 1885.
of the old Texas A New Orleans RR. The stock is $5,000,000 and (Sec agreement in V. 40, p. 597.) From July 1, 1888. to July 31. '88 (1
a controlling interest is owned by the Southern Pacific In addition to month), gross earnings were $90,828, against $80,264 in 1887; net,
above bonds, there are $162,663 Texas School bonds. From Jan 1 to $16,340. against $23,472. The gross earnings for fiscal year ending
July 31, In 188S (7 months), gross earnings wore $773,672.
0,D ' i • a"iiinst
afc a mst June 30, 1887, were $961,406 net over expenses and taxes, $288,803
^
$689,875 in 1887; net, $187,361, against $305,078
surplus over charges, $98,532.
In 1887-S, grcss, $1,167,576; net,
For year 1886 annual report was in V. 44, p. 620. Gross earnings in $360,827; surplus, $1*0,778, applied to construction, car trusts, Ao.
1887 were $1,267,563; net, $563,353. In 1886 gross earnings were -(V. 45, p. 240, 341, 572; V. 47, p. 284, 327.)
$998,169; net, $482,136; surplus over charges, $114,989.
Hunt
tajrtoii, President, New Yorf.
(V. 43, p. 133, 163; V 44, p. 344?37<>;
Toledo Peoria
Western.— Road owned from Indiana State
line to Warsaw, III, 220 miles; branch. La Harpe to Iowa, 111., 10 miles;
leased to Peoria and to Burlington, la., 17 miles; total operated,
Texas A Pari Or.—, Me Map Missouri Pacific.)—Eastern Division - tracks
From Texarkana to Marshall and thence to Fort Worth, 25aIn °cs 247 miles. This was formerly the Tol. Peoria A Warsaw, theu the Tol.
P. A Western, and as such was leased to and virtually merged lu the
Texarkana Junction to Whltesboro, 239 miles; Marshal) to Shrcvcnort
Wabash St. Ix>uis A Pacific After the Wabash default in July, 1884,
*?„„"'»«: ,Y«1 ™«ter« division, 532 miles.* Rio Grande Divis&n- foreclosure proceedings were begun, and a sale was reached Oct. 29,
SlCrr
anco i2 't '»"<«; Sierra Blanco to El Pasojoiut
,?
1886. Stock Is $4,076,900. Abstract of mortgage (Charles Moran,
E^vi
«EV°i
v
m lea; Gordon Branch to coal mines, 3 miles- total Rio Thomas
S" ^' 9.?. Tlslon
Denny and Cornelius B. Gold, trustees) V. 45, p. 242. In con619 ni Now Orleans DivlsI.m-ForinerlyNOpfciSl^S", 2
sequence of the Chatsworth accident in August. 1887, default in interest was made Jan. 1, 1888, and the company offered to fund the January and July coupons, paying $5 per ooupon in oash and funding the
The Texas A Pacific was built under act ot
of March <! 1 871
balance iu 4 per cent sorlp certificates, (interest payable April 1), due
and other acts In 1872 to '74, and the laws of Congress
Texas Thls^omnaiivini: April 1, 1893, but redeemable at option
of the company. In year endng June 30, 1888, gross earnings were $948,524; net over expenses
land taxes, $199,084. (V. 45, p. 232, 242, 573; V. 46, p. 539, 669, 771,
nois State Line»79
was opened
in
in.,
1852
(as
;
;
;
&
&
m
;
&
;
A
,
;
;
;
RR
;
•
;
'
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;
CP
&
;
•
™
'
-
I
;
;
SbJtmbkr,
119
RAILROAD STOCKS AND BONDS.
1888. J
HAP OF THE
TOLEDO,
ANN ARBOR
AND
NORTH MICHIGAN
AH/WAY A CONNECTIONS.
i city
>Jected
Linn Itmmmmm^
IttvlHd
ran* C,i
t*»"°
POt*jt#f
LmiIujt City
Tori llur<
X»
,,*»
MlWCr.
W«c*.
"*\
|T«r«h«l|/
fp»U»i>ll
iQtXMIwiluKf
J(,
yy
leu
FtW^ynJ
I
Ml
Itmi,"
»
\
Drnver,
f<.n
!
IU
J6
tfnrd Cllyj
i
rn
WDMNAPOUS
I
.
Z>-0(v»r«i|jM
ISO
INVESTORS'
SUPPLEMENT.
[Vol.
XLVU.
c
'
1
;
:
RAILROAD STOCKS AND BONDS.
Skptkscbkk, 1S88.]
Mubserlbers will confer a great faror by slvlns Immediate notice of
DEBCBIPTION.
For explanation of column headings,
on Ural page of table*.
ate.,
Miles
of
see notea
Bl. L. * Kanmu City-Stock
4 per ot. coupon atoek, non-cumulative
mortgage, gold (redeemable at Oft)
431
451
4S1
Pref.
0*
1
To<««V)Si1,.aHfH.*eooi»-lat»1.4r..»lT.OOOp.in.cr*r
xwaaroade Va/Jspst Cwea— 1st mort. ($600,000).
tyros* at OUarfkH* Block, ft p c rent . I. Penn.
r
let mort ($100,000 cumulative), sinking fund
Plater d fVtawwc-lat mortgage
PasAsf M.
J.
RK.
at
Carnal OCa. -Stock,
10
p.
60
99
"74
l.ooo
1888
1881
for a
1882
1.000
1.000
B76
187S
1
i--;f
.
sinking
fd.
$36,000.
gold loan
beads
U* ton Patt/U—Atoek
lat mortgace. gold, om road and equipment.
lolnt Co.'s plain
1.8I&000
1854
l.ooo
mo
1867-9
1*71
1818
jboo
do
renewal
-
Ar
not drawn)
(a.f.
liaMBlbofMKSer.A.. ipp.yableyearl.i
1*7»
....•*
Pa*., eons. M.. g., atnk. fund
1st M., Eastern Div, $16,000 p.m....
140
do
i
Mi
oftbe
Dae. 30. 1885.
payment at reeerrsr's liabilities.
Ac. Ae. and $4 .oOO per m lie of said mortgage
for obtaining standard gauge equipment. The
atoek, non-cumulative, and wltbout voting
red stork is • oonpon
poo stock,
HM bonds may i«- p.bl ..If at 103 on notice 1" the holder*. Pr..
baa been made for the payment of latere** till 1889 In ease
,
.
truv except
of toe boods. $4,304,000 prof atoek Iand $2.3O'.OO0
InV. 43, p. 74; V. 44.
full statraMbt as to Una cot
Y
Co. of
Abstract of mortgage (American
p. 784.
,v U,pM,M$,
saaf Joseph > «.|m,»i.'.u.i.,..ioV 48, n, io.
408,472; V. 46. p. 77. 819; V. «7. p. 188. 314.)
are)
I
u-ld
el
III
N
f
Toledo Saginaw
A
.Yaakegoik-From Muskegon to A«hl*v,
..in., otiug with tbeTutedo Ana Arbor A N. Mich,
(he control of the Orand Trunk of Canada, and ab<.
vara loaned having a trafilc mar. from that road and the Chicago A
Grand 1runk.-(V. 4ft. p. 7t8: V. 47, p. 101.)
Mich.,
to. in.,
.
rsurl under
Tonawanda
A Cuba, own*
from Attica, N. Y. to Cuba
$113.00<) of lat mort. bonds were rec.
bond* due 1910. Mr. Bird W.
aerved to redeem same amount of 6 p.
Bled receiver In 1884 and reorganization I" pending.
In year sodlng Sept. 30. 1837. groae earning* were $15,375; deficit un
earnings In
der etpen-e* aad debt of receiver unpaid. $3.deficit, $3.
1
•8 mo*., closed during rest or flacal year) $10,024
Valley
-.87,100
1*3
3.)
rflrld.- Vail, Pa., to Curwenavllle. Pa. 46 miles;
bran, bes, 53 m.; total. 99 m. This Co. was leased to the Pennsylvania
for 50 years la "89 at $112,400 per annum. The toad* bare a atnk
rear If they can be purchased at or below par.
log fund of •
AD steak and bonds are owned by the peon. KK. Dividends or 6 per
•eat
paid yearly. J. N. Du Barry, President. Philadelphia, Pa.
SB
an
A
latap
Delaware.—Owna from Boodout (Hudson River), N. Y.,
tol.ll.
to Stamford. N. Y.. 74 miles branch to Ilobart, leaded. 4 inilea
it A Oswego in 1870, rcorgaulicd Unj -•-.
78 mile*. This was the
aa Mew York Kingston A Syracuse, and again
in after fori
foreclosure
$l,152.1(H>.nar$IO0. There
May 1. 1373. aa Ulster A Dels'
In year ending Sept. 30. '87.
» also $5O,0P0 real sstate mortg. bonds.
the gross earnings were $353,533; act earnings 8180.711
•urpius
•t. taxes, eta., $68^03.
In 1*85 80, gros*. $339,566: ant.
V. 4ii. p. 669.)
171, Thorns* tortieU is rre*«dc*tt.Bondout. N. Y.
I
Mew York
New
Jersey Hall road
.
["be lease has not been directly profitable In cash receipt* to
)'... and the net loss In 1870 was $939,339;
In 1830. $1,035.
333. 8633,914; In
1381, $302,864; In
1884, $303*586; in 1888, $150496; In 1336. $170,016; in 1837, 8M7,
991; bnt the connection with New York was In Ilapcoaahle. Operation*
• arc Incloded tn the Penn. KR. report.
Sinking fund* Dec.
31. ]---. ..Id srenrltlesof par value of $4,404,100. and cash. $70,151.
tn
Colon Pacific Hallway.—<«« Jfap.l-LtffM or Road.— Main
line-Council Hi ill* to Ogden and branroea, 1,049 miles; other
h i—ha s r aassi City to Denver. 643; Denver to Cheyenne, 106:
Leavenworth to Lawrence. 34; total owned, 1324 miles: controlled
and operated In the Union I'sefln ayatea Januar
Bswab. Valley
BR. L-470
/ »r lis,
m.; Colorado
v<* run viw y>«B
V ani*w-» ca>s*-i
Central RB.327; Echo A Park itr,
r«s*
ah A Northern
RR., 4o6, of which 53 m. are leased to MonUtah
I
,
I
;
k
Union KK.
Junction City
A
;
A Emporia K
Kearney. 88 3oloim
Lawrence
Ft.
SaUna A Southw*n.
^on Short Line and
;
Kan. Cea., 167: Den. A Boulder Veil*
...
611; OreelrySalt Lake A PeeifJ
PaeiSe. 32 v. Salt l-ke a Western. 57: Ocam
3ft:
er A Mldille Park. I mil
I m ramie Mo. Park A Pas,, 14
mllea; Cheyenne
Northern. 12:
miles: total thas controlled. :<
ated Total spar a Hi la the U. P. a i stem
•r.
27 mile*:
I
Tb.
A
South 4th.
Philadelphia
Kondout.
New
Phlla.
Co.'s
Office.
York.
and N. Y. Oftlces.
Philadelphia Office.
8
7
s«-
ated by Union Paptflo.
1910
1918
193$
1888
Jan. 1, 1912
July 1, 1905
July 1. 1905
Oct. 10, 1888
Feb. 1. 1923
Moh. 1, 1901
Oct. 1, 1894
Moh. 1, 1894
Moh. 1, 1894
Sept. 1, 1900
Jan. 1, 1889
April 1, 1884
1896 to 1899
1896 to 1898
Sept. 1, 1898
July
1.
1.
Sept. I.
June 30,
A 8.
do
do
A O. Pbfla., Pennsylr'a RR
M. A 8 Loud .J. S.Morgan A Co.
M. A 8.
do
do
M A B. Phlla. Penn. RK. Office.
Princeton, N. J.
J. A D.
Q.-J. New York and Boston.
do
J. A J
do
J. A J O.S, Trees., at matarltr.
I. A 8. New York and Boston.
1888-'89
do
A A O.
do
A O. London A New York. April 1. 1390
_ A O.
Oct. 1, 1919
J. A J. N. Y., Union Trust Oo.
July 1, 1908
J. AD. Boston. N. Engl'dTr.Oo. Deo. 1. 1907
New York and Boston. 1-10 yearly
M.AN. N. Y.. 40 Wall Street,
May 1, 1919
P. A A
do
do
Aug. 1, 1898
The
U. P. also has large Interests In the Utah
8. W., 47 m.; Manhattan Alma
Leavenworth Topees
A
Buriingame, 50 m. and Nevada Central. 93 in.; Moma .a Union, 73
Montana, 19 m.; Utah A Nevada. .17 miles; South Park A Lenirille
Short Line, 8 m Ogdeo A Syranuse. 6 m. Total of all line* which are
operated separately, 2,286 mllea.
la 1 880 a lease of the Oregon Ball way A Navigation Company to the
Oregon Short Una, guaranteed by Union Pacifls was negotiated.
Oboa*izaTIO!v. Ac.— This company, the Union Pacifls Rnilvav, wag
tormed by a consolidation. Jan. 94, 1880, or the Union Pacific Kk and
the fanssa Pas. and Denver Pan., mads under authority or the acts of
Congress or July 1, 1862 and July 2, 1864. The Union Pac.
was
chartered by Act of Cmgreas of July 1, 1862. which gave the company a
land grant of 12,300 acres per mile, estfaated at a total or 12.083.227
acres, and a mbaky la V. S.bonda of $27,236.5 1 2 in 1 033 miles or road.
The r ansae Parte,) was organised as " Leavenworth Pawnee A West
era- In 1801: thben ahangeil to " Union Pacific, Eastern Dlvlalon." June
8. 1808, and to*- Kama* Pacific" on March 3. 1869. The Pacific Rnllroad art* of 1802 and 1804 applied to this road, and gave It a subsidy
of $6,303,000 and a land grant of about 6.000.000 acres.
las Denver Paclfle— Denver to Cheyenne. 106 miles— was built under
the charter of the Union Paclfle B. D. (Kansas Paclfle).
As to the debt of the Pacific railroads to the United States Ooreramant a deehaoB of the U. 8. Supreme Court settled the point that the
payment of Interest on the loans was not obligatory on the companies
till the principal or the bonds became due.
Afterwards Congress pa nod
the Tburman Act, May 7, 1878, which, for the Union Pacific, provided
that 25 per rent of the net earnings, after deducting Interest on the
flrst mortgage bonds and construction and equipment expenditures,
should be paid annually to the Government as follow*
FirstApplied directly to Interest account, one-half of Oorernment earnIn** and 5 per cent of net earning*, after deducting Interest on
first mortgage ban ds.
Second—To be plaeed in the sinking fund—
the other half or the Government earnings and so much or $850,000 at
may be necessary to make all the payments by the company equal 98
per cent of Its net earnings. On Dee. 31, 1887. thl* sink, fund Invested
$6,27<,63o. and the premium paid oa
In U. 8. bomls (p«r value)
bonds and oasb uninvested was $1,620,154; total, $7,893,8o4.
STOCK aid Bo-toe.— The capital stock issued and outstanding Is
0.808,300. having been Increased shout $10,000,000 alnce the oonsnlltion in 1330. Dividends after 1879 were aa follows: In 1880,
percent; In 1881.8**: in 1882.7; in 1833, 7; in 133|, 31,: none nlnce.
The yearly range In prices or the stock has been— In 1880, 80»113»i;
103>s»131%: m 1312, 93 «* 119*4: In 1833. 70>«»lO4%: In
1384,23»8IV tnlxs.->.41»62*«: tnl386. 44>ta68>«; In 1887. 44863*4;
lu 1883 to Sept. 21. In. -ln-ive 48*62.
There arc $18,00') LeavrnWth branch 7 per cent b uidi duo Jan., 96.
:
,
KR
:
su
S
-
Acres sold (net)
;
308;
Phlla.. 23.1
June
^Fs
and branches. 247 mile*
88 mile* total operated. 467 miles. Delaware A Rarltan Canal. 66 miles.
This company was formed by a consolidation to 1867 of the Del. A itar.
Canal Co.. the Camden A Amboy KK and the N J. RK. A Transp. Co
V J. KB A Canal Co*, were leased In May. 1871. lo the
•r 999 rears, at a rental of 10 p. r. un tli<
terest on bonds. The smaller leased roads were taken with their several
;
A.
N. T.. Bk. of N. Amer.
New York City
Last paid. March, 1834
IS:
A
Canal Co.-l.ntas or ROAD.—
and bntiiche*. 138 mllca; Camden to Amboy
Trenton to Mannnka Chunk and branches.
to PhilatlrlnliTa
i%
:*
m.;
Whom.
Botult— PrineiDas.
Murk.
Dividend.
pal, When
Or the Union Pacific collateral trust bond*, the flrat laann I* limited to
30 per ernt of the rollowlng bond*: Omaha A Republican Valley RB,
$1,010,000; Colorado Central Railroad hondn. $2,031,000: Utah Northern Railroad, $2,326,000; total, $3,337.ooo.
The collateral trust
bond* of 1883 are secare.l
.win* l«.n.l» Colorado Central KB.
fl.:im.000; Utah A Northern KK
•; Omaha A Rep. Valley
KK. *»M3.O0O; Omaha A R-piib. Valley «,u/.r.,,. $2,108,000: Utah
Southern RK. extension $01. <"
The outstanding bonds of Kansas Pacific shove are given less the
amounts of each class held by taetrusteesof the general mort. Theeon•ol mortg trustees are Jay (Joul.l and Kuseell Sago, and they held in
trustoa/an. 1. 1888. the following bond* <u the Kansas Pacific, making
all. v\/.
I>.avenwiinh Branch. $ft8 J.OIK): Income (un«ubids. $217,730; Income (auhordlnated) bond*, $3,948,400)
Cheyenne Branch Den Pac, bomls. $2.03 1.000. They also held $1,997.500 of the atoek* and $3,160,000 of the bonds of other companies
lie Union Paclfle.
Of the Kan Pae. morts. that on the K*«.t Dlv. covers the first 140 m.
west oftbe Mo. finer, that on the Mid. lie Dlv. the 953 m. foil wing and
x ten. the 254 m. lie <t beyond. (394th to 639th tu.)
I. inii (laAXT.— The proceed* or land lain* on the
Union Pacific main
line are applicable to the principal ot the land grant bond*, and after
that to the sinking rund mortgage 8 per en' Mods. On the Kansas
Partflo the cash Income from land i> applied to the muni, mortgage. On
I>ec 81 '87. the company had In cash from theUn. Paclfto grant the sum
or 5,923,435. and In land contract* (with accrue I Interest), $7,922,»34: which sums are applicable first to the payment or the land grant
bonds, and then to the payment of the x percent sinking rund liond*due
In 1893. On Jan 1, 1333 the U. Pac. land* uiiioid were 3.120,355
acres, estimated at $2,310,3 >5; the K. P. lamia unsold, 3,365,388 seres,
i
United
I
8*
•'
230
4
F.
5
5
Of.
OS-
A
m
Parable, and by
A.
716,000
13.653,000
2.240,000
Central.
In the... Tables.
M.
g
5. tftO.OOO
the property,
All
4
I.OOO
1,000
1.000
.
fwT&T
Q—J-
24
211.000
4,234.000
.
line
2>a
I
A J.
A D
J.
M. * 8.
J. A- U
J. A J.
J. A J.
P. * A.
at
1,000
1.000
1.000
Map.)— From Toledo lo
City. -(*r« Map,
Toledo «t Lonle A Kan
East St. Loots, 45l a
88. the road bad been n.ade stand
Up to Soot. 'o8.
In
having connection
Ill
3
uberleaton.
m..
gauge from Toledo to
•tore wlTb St. Loula over the Indtsnap Ant L K *d. Thu Co. was formed
narrow gauge road. forecK
Mb and toe Tlrst mortgage
-
5
7
7
l.OVA.ooo
1.410.000
l.ooo
UT9
ln-3
1M7
Collateral Treat bonds, drawn at 103
Collateral trust ootids ot 1883, gold, -Ink. fund
g
l
6
841.000
866,000
60.S6S.3O0
27,929,000
27.236.512
14.217.000
land), atnk.
bd*.'a.f..—surrender option all.
4
l
When Where
Parable
Cent.
1.800,000
100
1.764
1.000
1.000
_J grant bouda
.
J 200
$1,000
1.03- IMM
1.033
M6
«^jpc*«^t££g.
ear 1.038 1874
on road (3d on
>maha bridge
do
1.000
1.000
l.ooo
1.000.000
1,000.000
200.000
1.342.600
21.342.400
1.824.O00
5,669.000
2,000.000
1871
1871
LB71
1ST*
l
do ~
50
500*0
1883
s
MMMM0
100
sacr al D*ortg..«old and currency..
Uni tea Oo/s mortgage, alnklng fond $40,000 r
do
sterling n> ct sinking fd. * 16,920.
do
de
Rate per
9,000.000
1,734,000
1,000
467
a. gu.
Am °" nt
Par"!
•100 $12,250,000
4,805.000
too
IBM
!<H
RR
8
Uf error discovered
INTEREST OR DIVIDENDS.
of
Komi* Value. Outstanding
I
Bead
TtUdn
l.t
Date
191
:
-
.:
i
Denver South Park A
»wn Hreokrnrtdre A Lead- eatlmated at $10,171,379.
Dearer MarahsllA Bould
The sale* tn 1 885, 1880 and 1887 were as follow"
aaj naBna Lincoln A We*t1886.
Union Partflo—
1885.
Colby, 22
'10 areoperI. Ihm*. 4.764 miles.
7.\2 mtlesi snd or
rased respeo Ively by the
are not Included in above
i
743.704
$1,2-23.227
Ai.ioii.it
Average price on gross
Kan. Pacldo—
sales...
Arreasold
Imouol
18
miles) arc
with Union Paclfle
Av. prlce(dt<countsdeducted)..
rotsl acres sold...
Amount
$105
690.294
$2,817,159
8103
1,433,999
$4,040,386
146,189
$178,326
$1 22
225.623
$1,049,122
84 63
371,819
$1,228,225
1887
43,297
$48,203
$1 44
511.170
$2,314,648
4 93
851,467
$2,507,900
1
.
:
:
SUPPLEMENT.
INYESTOKS'
139
fvoi-.
xlvii.
Subscribers will confer a great tmwor by glrlnc Immediate notice o( any error discovered In these Tables.
DESCRIPTION.
Miles Date
of
of
For explanation of column headings, Ac, see notes
Road. Bonds.
on drat page of tables.
Vnion Pacific— (Continued)—
Kansas Pac., 1st M.. Middle Div.,$16,000 p.m., g,
2d M.(U> U.S.Oov.) on 394m. W. Mo.R.
do
dolstM..DenverEx.,l.g.,3,000,OOOaos.o*Ar
Income bds, 3d M.on 427 miles, coup,
do
PfoA Central—Stock
•
1st mortgage, gold
Utah Southern, general raortg. (fir $1,950,000)..
Juab
Frisoo.
to
M.,
Utah South. Exten., 1st
Vtak <t Nor.— 1st mortgage, $12,0.10 per mile
Cons. M. guar., $15,0'0 p m., s. f., not dr., g ..c*
Equipment bonds (l-10th payable yearly)
Vtiea <t Bl. Ktv.— 8t'k,7p.c.perpet. guar.byB.W.AO.
c
Mortgage bonds
c
Black River A Morrlstown, 1st mortgage
Clayton * Theresa, 1st mortgage, guaranteed .. c
e
mortgage
Ogdensburg A Morrlstown, 1st
Vtiea Chen. <t Sui'i. Val. — St' k 6 p. 0. gu. by D. L. A W.
lstmortg
Vtiea Clinton it Binghamton—
Valley (If. r.)-8tock. 5 p. c guar, by D. L. A W...
1st mortgage (for $5 .0.000)
c*
Valley (Ohio)— 1st mortgage, Clev. to Canton
e*
Consol. mortgage gold {for $4.000,000)
c
Valley (Va.)— 1st mortgage
Vermont <t Mats.—Stock, 6 p. ot. guar, by Fitehb...
Bonds of 1883 (guaranteed by FltchburgRB.).o*
Vermont Valley of 1871— Stock
1st mortgage
•
,
—
253 1866
394 1865-7
245 1869
427 1866
280
36H, 1870
105 1879
138 1879
462 1878
466 1886
1887
180
87 1871
36 1874
16 1873
10 1883
97
31 66-'70
12
12
59
91
113
59
"50
24
Size, or
Par
Value.
$1,000
1,000
50 Ao
100
1,000
1,000
l.ooo
1,000
1,000
Too
500 Ac.
500 Ac.
500 Ac.
1,000
100
500 Ac.
18«'l
1879 100, Ac
1,000
1881
1,000
1881
100
1,000
1883
50
1,000
1880
from the 380th mile westward, are oover<x*
Extension mort. (covering 394th to 639th mile), and
Kan. Ph«- by the consol. mortgage.
Operations, Finances. Ac— The company has xtended rapidly and
built and acquired much new mileage, of which "he Utah Northern and
Oregon Short Line are two of the most import uit branches.
From Jan. 1 toJuly31, 1888 (7 mos.). gross earnings were $16,017,644,
against $15,501,264 In 1887; net, $5,997,3-41, against $5,850,652.
The annual report for 1887 was in the Chronicle, V. 46, p. 535, 510,
and the foliowing figures were given for the whole sytem operated
OPERATIONS AND FISCAL RESULTS.
1887.
1886.
1885.
4.764
4,594
4,519
Miles operated Deo. 31
188,237,416 248,523,010 262,913,074
Passengers carried ore mile
2 45 cts.
Average rate per pass, per mile.. 3-05 cts.
Tons freight carried one mile... 994, 780,223 1114102852 1850525946
1-46 ots.
....
Average ate per ton per mile.... 1-62 cts.
The Kansas
Pacific lands,
first by the Denver
all the lands of the
Amount
Outstanding
INTEREST OR DIVIDENDS.
When Where Payable, and
Rate per
Cent.
$4,063,000
6,303.000
6,131.000
109,200
4,225,000
1,000.000
1,950.000
1.950,000
5,543.000
1,845,0 to
355.000
2,223,000
1,107.000
500,000
200,000
143,000
4,000.000
790.000
750,000
400,000
1,600.000
1,499,000
750,000
3,193,000
1,000,000
1,000.000
800,000
6^
7*
Payable
J.
Bonds— PrinciDue.
pal, When
Whom..
AD. New York,
40 Wall St.
N. Y., Lond. A Frankrt.
8. N. Y., Bk. of Commerce
H.'AN.
M. A
Q.-J.
6g. J A J.
1
Stock*— Last
Dividend.
by
New
June 1. 1886
1895 to '97
May
do
do
1,
1.
July
York, 40 Wall St.
1899
1916
Oct., 1884.
Jan.
1,
1890
do
do
A J.
July 1, 1909
do
A J.
do
July 1, 1909
A J. New York, 40 Wall St. July 1. 1908
A J.
do
do
Julv 1, 1926
do
do
1 10th yearly
S*
M. A 8. N. Y., R. W. A O. Co.
Sept.. 188S
3Vt
N. Y. Cent. Trust Co
7
J. A J.
Jan. 1, 1891
do
do
7
J. A J.
Jan. 1, 1894
do
do
7
J. A J.
July 1, 1898
do
do
5
Jan. 1, 1891
J. A J.
3
M. A N. N. Y., D. L. A W. RR.
May 1, 1888
A7 J. A J. Utlca, Oneida Nat. B'k. Jan. 1, 1890
2^9
N. Y., D. L. AW.
July, 1888
J. A J.
do
do
Aug. 1, 1911
F. A A.
5
J. A D. N.Y., Drex., Mor. A Co. June 15, 1906
7
do
do
Sept. 1,1921
M. A S.
6
Bait, and New York.
A. A O.
Oct. 1, 1921
6
3
A. A O. Boat., 47 Devonshire St. Oct. 7, 1888
M. A N. Boston. Fltchburg RR. May 1, 1903
5
Bellows Falls.
July 2, 1888
3
J. A J.
5
A. A O, Bost., Safe Dep. A Tr.Co Oct. 1, 1910
7
7
7
6
J.
J.
J.
— (V. 43.
p. 50, 164, 192, 245, 275, 309, 353, 366, 548, 608, 672, 738 r
V. 44, p. 22, 23, 60, 118. 149, 212, 344, 413, 432, 435. 4 46, 586, 621,
p. 53, 142, 203,539; V. 46, p. 38, 321, 525, 535, 539, 440;
V. 47, p. 50, 140.)
Utah Central— (See Map Un. Pacific)— From Ogden, Utah, to Frisco,
consolidation
280 miles. Extension westward, 85 miles, p-ojocled.
July 1, 1881, of the Utah Central. Utah Southern and Utah Southern
Extension. Union Pacific owns $1.8e6,900 stock and $982,000 Utah
Southern bond-. For 1887 gross, $797,343; net, $333,625; fixed charges,
$338,184; deficit, $4 5"^8. In 1886, gross, $"71,800; net, $312,965
charges, $35\996 deficit, $13,031. (V. 45, p. 203; V. 46, p. 771.)
Utah
Northern— ( See Map Union Pacific)— From Ogden, Utah,
to Garrison, and the line of Northern Paoitic, with branobes to Butte
7o2; V. 4i.
A
;
&
Anaconda Mines total, 466 miles (153 miles narrow gauge),
but 58 miies, Silver Bow to Butte and Garrison, are leaded to Montana
Union. This road forms a connection between the Northern Pacific at
Garrison, Montana, and the Union Pacltto at Ogden. Stock $5,543,000,
and 6 per oent dividend paid In 1884, and 1 per cent Jan 1885. The
road was built by Union Pacific which owns $4,816,400 stock and $4,Earnings from—
$
$
are stamped with
6,595,779 968.000 7 per cent bonds. The consolidated bonds
5.809.018
6.096.237
Passengers
interest. Improvements and change
18,193,2=>5 18,5*8.744 19.956,467 the U. P.'s guar, of principal and
Freight
of
gauge
have
been
oharged
to operating expenses, causing deficit as
2,005,519
Mail, express and miscellaneous... 1,922,8^)9
1,918.815
shown balow. For the year 1887, gross earnings, $1,869,990; net,
deficit under charges. $111,71 1. In 1886, gross, $1,805,592;
Total earnings
25,925.172 26.603.79S 28.557,766 $260,211;
under Interest, $14,565.
Operating expenses and taxes
16,157,721 17,608,619 17,667,732 net, $350,561 deficit
Black Klver.— Utlca, N. Y., to Ogdensburg, N. Y., 134
Utlca
Clayton to
miles Carthage to Sackett's Harbor (leased), 30 miles
Netearnlngs
9,767,451
8,995,177 10,890.034
Theresa, 1 6 miles total, 180 miles. A consolidation with leased lines
61-87
63-19
Per cent of expenses to earnings... 62-32
wasmadelnMar.,1886,einbracingtlus mileage. In April, 1896,theroad
was leased in perpetuity to the Rome Watertown A Ogdensburg RR.
* Not inclndtng company's freight.
Co. at a rental guaranteed to pay fixed charges and 7 per cent yearly
ou the stock. In Jan., 1888, stockholders were notified that they
INCOME ACCOUNT.
had the option of exchanging their stuck on the basis of 100 shires
1887.
1886.
1885.
($10,000) for $6,500 In R. W. A 0. 5 per cent consol. bunds and $7,500
Beeeipls—
$
*
In R. W. A O. stock and in this way the R. W. A O. acquired a majority
10,890.034
Netearnlngs
9.687,441
8,995,179
of
the sto.-k. (V. 46, p. 76.)
1,03'>,552
Income from Investments
1,382,8 1
890,020
Utlca Chenango & Susquehanna Valley. Owns from Utlca,
Miscellaneous land sales
15,904
13 015
10,335
Y., to Greene, N. Y., 75 miles; branch to Richfield Springs, 22 miles;
N.
Investments, premiums, Ac
670,341
Lack. A
From trustees K. P. con. mort
1,113.600
17,850 total, 97 miles. Road opened October, 1872. Leased to DeL
207,110
Western
at 6 per cent on stook. Has no bonded debt.
Profit and loss
101.927
Binghamton.—Owns from Utica, N.Y., to
Utlca Clinton
Randallviile, N. Y., 31 miles, and leases Rome A Clinton Railroad, 18
Total income
11,287,697 11,784,082 11,954,340
miles. Total, 44 miles. Opened June 22, 1872, and leased to N. Y. A Os.
Exvendilures—
thereof. Lease
interest on bonds
5,134.566 Mid. RR. during continuance of chart r and renewals
5,336,267
5,197,731
Discount and interest
160,151 transferred t« the Del. A Hud. Canal Co.,which pays rental of $70,500 per
67,224
356,139
for
Rome
The road is
01
A
B
and
$25,500
<B Clinton.
annum
for
U.
Losses on Invest., prem., Ac
113,490
93,945
Sinking fund, company's bonds
587.670 operated by the N Y Ontario A Western. Gross earnings in 1886-87,
593.605
591.965
in 1885$-20
surplus
over
rentals.
$4,840.
Gross
net,
$74,800;
7,530;
Interest- auxiliary lines
1,331.372
1,298.399
1,191,010
Land taxes. Ac, Union Div..
39,920
62,640
53,653 86, $-229,400; nei, $105,«i60 Capital stock. $849, 285, of which city of
inter.st
guaranteed
5
cent,
James 1.
holds
#200.000,
with
per
Utica
Loss on Lou v. top. A S. RR..
11,722
21,579
Profit and loss
198,050 Scollard, Pres., Clinton, N. Y. (V. 47, p. 188.)
Binghamton,
N.
Owns
from
Y.,
to 8tat«
Valley (N. Y.) Railroad.—
Leased to
Total expenditure
7,229.681
7,578,954 line of Pennsylvania. 12 miles. Opened October, 1871.
Delaware Lackawanna A Western at 8 per cent per annum on stook,
Surplus Income of the year.
4,554.401
4,375,386 ($750,000; par, $100), which was reduced in 1882 to 5 percent, the
Deduct U. S. requirements..
808.033
1,205,656 lessee assuming the lnteresi on bonds. Samuel Sloan. Prest.. N. Y. City.
Valley (Ohio).— Owns from Cleveland, O., to Valley Junction, o.,
Total surplus income
2,471,180
3,746,368
3,169,730 75 miles, and 16 miles of small branches. Of the eonsal. mortgage
The condensed balance sheet for three years is as follows
$1,600,000 Is held in trust to retire the first mortgage when due. The
consol. mortgage is a first lien on the Cleveland terminal property
GENERAL BALANCE AT CLOSE OF EACH YEAR.
Capital, $1,261,032, par $50. Earnings in 1886, $628,450 net, $289,1885.
1886.
1887.
296; surplus over all iuterest, $39,114. In 18-47. gross, $(571,395; net,
Assets
$
$
$300,175; surplus over all Interest, $17,727. (V. 43, p. 572 V. 44, p.
Bond, equipment, Ac
159,298,919 161.283688 162,522,403 527.)
Stocks and bonds owned, oost.. 39,233.527
35.5S9.187
42,241.161
Valley (Va.)— Owns from Harrisonburg to Lexington, Va.. 62 miles.
Miscellaneous investments
880,891
755,750
51,098 Bj this and connecting lines under B. A O. control, the distance from
Advances
8,415,280
6,697,670
4,570,428 Lexington is 243 miles to Baltimore and 217 miles to Washington. Ths
Materials, fuel, Ao
1,683,432
2,889.218
1,632,105 Baltimore A Ohio has a large interest in its securities.
St >ck outCash and cash resources
1,351,190
401,689 standing, $2,731,839; par $ .00.
In year eudlng Sept. 30, 1897, grogs
Denver Extension sink'g fund.
522,480
638.639
759,013 earnings were $122,272; net, $43,369; 1885-86, gross receipts, $125,Trui-t 5 per cent. Ac.slnk. fund
70,440
08,818
124,285 667; net, $37,303. (V. 43, p. 608; V. 45, p. 673.)
Bonds and stocks held In trust. 3,215,250
3,217.250
3.217,250
Massachusetts.— Line of road, Fltchburg to GreenVermont
Land department oasets
18,159,290
18,599,519
19,742,124 field, Mass., 56 miles: brauch, 3 miles. The road is leased to the Fitchburg RR. for 999 years at 6 per oeut on stock. (V. 43, p. 636.)
Total
226,279,509 230,030,959 235,961,556
Vermont Valley of 1871.—Owns from Bellows Falls to BratLo'ntitiestleboro, Vt.. 24 miles, and by purohase of stook the Sullivan County
Btock
60,868,500
60,868.500
60.868,500 RR. from Bellows Falls to Windsor, Vt., 26 miles total, 50 miles. ConFunded debt
81,947,682
81.969,127
80.180.655 trolled In the Interest of the Connecticut River RR. The Sullivan
United^Mtes subsidy bonds... 33,539,512
33,i39,5l-2 County RR. stock is deposited as collateral security for the above
33.5-9.512
Accrued Int. on subsidy bonds. 15,167,214
15,670,753
16,363,744 mort. bonds. Earns., Ao., for whole line In years ending Sept. 30, were:
Flouting debt
{1,861,445
Passenger Freight (ton)
Gross
Net Divid'd,
Interest accrued not due
774.104
Mileage.
Earnings. Earnings. Perot.
758,493
727.469 fears. Miles. Mileage.
General Income (profit and loss) .10,493,284
6
13,827,456
4.246.U85
20.199,299
$373,599 $110,747
16,826.177 1884-85 50
Income used for sinking fund.. 2,976,634
4,16i 69 1885-86 50 4,559.950
4 12,427
125.540
6
3,568,599
26.093.466
Land and trust income
1 8,64 1 134
6
19,828,519
25,333,474
406,349
126,370
23,289,260 1886-87 50 4,633.481
-Link of Road.— Vicksburg to Meridian,
vicksburg
meridian.
Total liabilities
226.279.509 230,030,959 235,9ul,586 Hiss., and branch, 143 miles. In Oct., 1885, the gauge was changed to the
tAJter deducting deficit of US. requirements, as compared with standard 4 feet 8 inches, and the transfer ocross the Mississippi at
8)
»eoTued Interest on U. 8. bonds Feb. 1, lsso, to date.
Vicksburg was completed. It is mainly owned and controlled by the
,7 °* auetoD s unaer Thurman Act, paid April
Ala. N. O. Tex. A Pac. Juuc. Co. The company was unable to earn full
1885
interest, and reorganization was made In 1881. Preferred stook, $1,940,City and
;
,
1
A
;
;
;
;
;
—
A
.
;
',
A
;
,
&
-
-
September,
1888.]
RAILROAD STOCKS AND BONDS.
1S3
:
INVESTORS' SUPPLEMENT.
194
|Vol.
XLVII.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
INTEREST OR DIVIDENDS.
Miles Date Size, or
Amount
Par
of
of
see notes
Outstanding Rate per: When
Cent,
payable
Kond.' Bonds Value.
'
For explanation of column headings. Ac,
on first page of tablet*.
!
1881
1881
1881
1885
1881
1880
Tick4burg d Meridian— let mortgage
2d mortgage, let on lands
3d mortgage Income (not cumulative)
Vieksb. Bhrcrep. * Pac.— Prior lien inort., gold ...0
0*
1st mortgage, gold
c*
3d M„ and 1st M. on land, g., for $2,500,000...
Inc. lids.,
Virginia
1887
non cum. iUierearealso*139,OOOold6s)
Midland—Stook
Bonds, 1st series
du
2d Mill'do
3d series
4 th series, 3 per oent for 10 years
do
5th series
do
do
6th series, 4 percent for 8 years
Income mortgage bonds strictly cumulative
Gen •Illicit., lnt guar, by R. & D., $12,500,000.0'
Virginia <t Truckrc— 1st M.(pny'ble$100,000ayear)
St. Louis <c Paeifi c— Stook, common
Preferred stock, 7 percent (not cumulative)
1st inort., gold (Chic. Div.)
1st inort., gold, Detroit Division
Wabash, 1st inort. (Toledo iv. Illinois)
do
1st mort. (Lake Erie Wab. A 8t. L.)
do
1st mort. (Great Western of 1859)
do
1st mort. (Qnincy A Toledo)
do
1st mort. (111. A 8o. Iowa) extended
do
2d mortgage (Toledo & Wabash)
do
2d mortgage (Wabash & Western)
do
2d mortgage (Great West, of 1859)
Tol. W. AW. Con. M., (on all but Dec. A E. St.L.)..
3(2
1881
1881
1881
1881
1881
1881
1882
1886
1874
$1,000
1,000
500 Ac
1,000
1,000
1,000
Too
1,000
1,000
1,000
Wabash
$1,000,000
1,100,000
l.gi^.ooo
1,323,000
4,000.000
2,100 000
494,860
4,940,363
600,000
1,900,000
1,100,000
943,800
1,775,000
1,309,000
191,000
4,161,000
200,000
6
A.
6g. M.
7
2*
6 g.
A
A
Whom
Dividend,
O. Last cp. paid Apr., 1S85 April
N. Last cp. paid Nov., 1884 May
June
m.'a'n. N. Y.. Central Trust Co,
A J. N.Y., Farinera'LAT.Co,
A J. N. Y„ Central Trust Co
J.
3-1-5 g. J.
4
"e"
6
6
3-4-5
5
4 .v
r.
6
5
10
A
A
&
IM. A
M. A
|M. A
|j. A
M. A
M.
M.
M.
S
Bonds— PTinolpal.Wben Dae.
Where Payable, and by Siorks— Last
8.
8.
8.
B.
8.
8.
J.
A
N.Y.,Rloh
D.,
2 Wall
do
do
do
do
do
Last paid July, 1884
N. N.Y., Central Trust Co.
Q--E. San Fran., Bank of Cat
Nov.
Jan.
Jan.
Jan.
Man
Mar.
Mar.
Mar.
Mar.
Mar.
Jan.
1,
1,
1,
1,
1,
1,
1921
1921
1921
1915
1,
11120
1,
1906
1911
1918
1921
1926
1931
1927
1936
1889
1.
1.
1,
1,
1.
1.
May
1.
Aug.
1,
July
July
Aug.
Aug.
1,
1,
19'JO
lfllfl
(tl
(!)
1890
1881
1853
1853
1863
1865
1862
1853
1858
1865
1867
1,000
1.000
1.000
1,000
1,000
1,000
500 Ac
250 Ac
100 Ac
1,000
1,000
4,500.000
2.052,000
900,000
2.500,000
5
g.
eg.
2,49ti,000
500,000
300,000
1.000,000
1,500,000
2,500,000
2,610,000
A
A
A
A
A
M. A
F. A
M. A
M. A
M. A
J.
J.
F.
P.
P.
J.
J.
A.
A.
A.
N.
A.
N.
N.
N.
Interest on certificates for bonds asii t n g
to the plan
was paid to May 1,
1888.
\ si
i
Q.— F.
1,
1,
1910
1921
1890
1890
Aug .,188
Nov.
Aug.
May
May
May
Feb.
1,
1,
1.
1,
1.
1,
1890
1912
1893
1893
1893
1907
common stock, $3,962,100. A receiver was appointed in 1%85 and nl mling Front Royal Branch and lease of road from Strasburg to Harrlssonburg to the K. A O. RR., and a fifth lien between Alexandria and
('inline of the proposed plan of reorganization was given in the
Chronicle, V. 46, p. t>69. Foreclosure proceedings under 2d mort. are (Jordonsville, inoluding Warrenton B-anch and lease of Charlottesville
to progress, and road > to be sold Oot. 3, 1888 (V. 47. p. viii. adv ); 2d A Rapidan RR., and a fourth lien between Charlottesville and Lynchmort. is a tlr-t Hen on 133.069 aorcs of land. Annual report for year •mrg; the sixth series is a first Hen between Lynchburg and Danville,
Including Pittsville Branch and lease of Franklin A Pittsylvania RR.,
ending March 31, 1888, in Chronicle, V. 46, p. 649.
and a sixth Hen on lease of Charlottesville A Rapidan Railroad.
.RECEIPTS AND EXPENDITURES FOR YEARS ENDING MARCH 31.
The income bonds are exchangeable into the general mortgage bonds
18s5.
1886.
1887
1888.
bearing
5 p. o. interest, and guaranteed under the lease by the Rich. A
Miles road operated
140
140
143.
143
Danville RR. Co.
Earnings—
general mortgage bonds of 1886, $7,635,000 were held to retire
Of
the
Passenger
$169,162 $164,818 $155,903 $163,072
Freight
296,973
307,609
345,268
351,736 tho serial bonds, also enough for the incomes. See abstract of mortgage,
V.
47, p. 23. General mortgage bonds Nos. 4,201 to 4,500. inMall.
11,927
13,106
13,089
13,105
Express
6,445
7,467
10,303
11,100 oluflve, bear the endorsed guarantee of the Richmond A Danville.
There
was
due the RAD. Co. Sepr. 30, 1887, $304,632.
Miscellaneous
11,095
10,320
7,191
8,747
From Oct. 1, 1887, to Aug. 31, 1888 (11 months), gross earnings were
agst. $1,462,891 in 1888-7; net, $688,050, agst. $561,181.
$1,624,563,
Total
$495,603 $503,304 $531,772 $547,761
Earnings for the years ending September 30 were
Operating expenses
443,939
426,498
423,413
484,362
Miles.
Gross receipts. Operat'g exp'ses. Net receipts.
$1,491,921
$945,116
$546,801
Wet earnings
$51,663
$76,806
$47,409 $124,348 1881-82...
1882-83
354
...
1,664,204
956.191
708,009
Chargeable against revenue—
354
1,625.830
999,217
626,612
Fortaxes
$17,550
$16,741
$18,2<>5
$18,134 1883-84...
354
1,554,375
990.432
563.943
For interest on bonds
104,000
114,083
125,083
126,000 1884-85...
354
1,551,703
1,032.431
519.272
For int. on floating debt
7,633
15,894
14,232
41,711 1885-86 ...
367
1,635,667
1,051,739
583,929
For expenses of landdep't...
4,477
4,416
4,632 1886-87 ...
4,298
New York Office, 2 Wall St. (V 45, p. 85 V, 46, p. 418, 699 V. 47,
Tot. paym'tscharg'ble to rev.$l 33,660 $151,135 $161,899 $190,478 p. 22, 161.1
Virginia
Trnckee.- Reno, Nev.. to Virginia, Nev., 52 miles.
Net deficit
$81,997
$74,329 $114,489
$66,130
The bonds are payable $100,000 per year. Stook, $5,000,000; par$l00.
<V. 45, p. 54, 113 V 46, p. 228, 649, 669.)
Gross earnings in 1886 were $702,891; net, $353,544; dividends,
VIckKburg Shreveport A Pacific— See Map Cincinnati New $270,000; interest and bond payments, $303,170. In 1887, gross,
Orleans it Texas Pacific. From Delta. La., on Mississippi River, to $720,428; net, $3i8,999; iuterest paid, $22,575; dividends. $273,750;
Bhreveport, 170 miles, and oxtenslon to Texas 8tate Line. 18 miles bonds redeemed, $100,000 deficit. $37,326. D. O. MiUs. President.
Wabash St. Louis ic Pacific—The roads East of the Mississippi
(the latter leased to Tex. A Pac); total, 188 miles. The oldVicksburg
Bhreveport A Pacific road was sold in foreclosure Dec. 1, 1879, and River (operated by Receiver John Mo.Nulta, except the Detroit Division)
reorganized under present title. The stock Is *l,65o,0u0, of which embrace the following pieces covered by the seveial mortgages: Toledo
the Alabama New Orleans A Texas Pacific Junotlon Railroad Com- A Illinois first mortgages Toledo to Indiana State line, 75 miles; Toledo A
pany, holds a majority, and also $3,69^,000 of the 1st mortg. and Wabash, second mortgages -Toledo to Indiana State Hne, 75 miles; Lake
9965,500 3d mortg. bonds. In 1885 it was voted to issue the above Erie Wabash A St. Louis, first mortgages— Ohio State line to Illinois State
prior lien bonds lor Improving the road bed, completing the transfer line, 166 miles; Wabash A Western, second mortgage, Ohio State line
across the Miss. River, «e. The 3d nisxtg. bonds of 1886 (first on land) to Illinois State line, 166 miles: Great Western of lso.l. first aud second
were i-tued to retire old 6 per cent in <ouics, etc., and bore no interest mortgage- Indiana State line to Mcrod «U and Naples. III., 180 miles;
niinols A Southern Iowa, 1st mortg ige— Clay tou to Carthage, 111., 29
till 1888.
Till 1891 they carry 3 per cent, then 4 per cent till 1891.
and thereafter 5 per cent. Net proceeds of land sales go to pavinent of miles; (Juiucy A To'edo. 1st mottgairo—Clayton to Meredosia, 111, 33
Interest on these bonds if necessary, otherwise to sinking fund; no miles; Decatur * East 8t. L >uis, first mortgage —Decatur to E. 8t.L"iiis,
bonds drawn (see V. 43. p. lo4). Lands unsold June 30. 1888. were 10s: miles; Hannibal A Naples, 1st mortgage- Hannibal' Mo., to Naples,
estimated at 2.8,' 50 acres, 58,590 aere6 having oeeu sold for $155,291 111., 50 miles Wab. St. L. A Pacific (Chicago Division), 1st mortgage—
in year 188:8. Trustees of prior lien mort. and of 3d mort., Central Stieator, 111., to Effingham and Altamont and Strawn to Chicago. 268
Trust Co.; of first mort., Farinei s' Loan A Trust Co. Tne annual report miles; Wab. St.L. A Pac. (Detroit D v., operated by Wat). AW.) 1st inort.—
was m V. 47. p. 284. In year ending June 3 i, 1887, gross receipts Detroitto Butter. Iud., lllmiles. The total mileage operated is 956.
Organization. Leases, Ac— The Wabash St. Louis * Pacific wag
were $564,317; net, #144,899; deficit under interest, $187,804- in
1887-88. gi oss. $(104,250; net, $183,934; deficit under interest, $177,- formed Nov. 7, 1879, by a consolidation of the Wabash ami the St. Louis
Kansas City A Northern roads and their branches. The Wabash Com683. (V. 45, p. 537; V. 47, p. 284.)
pany had been organized Jan. 1, 1877, as successor of the Toledo Wab.
Virginia midland.— (See Map of Richmond <& W. P. Term.)— Line A West., which company was formed June 25, 1856, by a consoUdation
of Road. — From Alexandria to Oordousville, 88 miles; Warrenton of
several companies, aud defaulted on its iuterest in 1875 aud was foreBranch, 9 miles; Charlottesville to Lynohburg, 60 miles; Lynchburg closed June 10, 1876. The St. Louis Kansas City A Northern was
to Danville, 66 miles; Pittsville Branch, 9 miles; Manassas Junction formed in 1871 as successor of the North Missouri Railroad, which
was
to Harrisonburg, 114 miles (of whloh 49 miles leased to Baltimoie & sold In foreclosure August 26, 1871.
Ohio; small branches, 8 miles; total owned, 347 miles. Leased. Orange
In April, 1883, the Wab*sh St. Louis A Paciflo was leased for 99 years
C. H. to Charlottesville, 28 miles; Pittsville to Rocky Mt., 30 miles- to the St. Louis A Iron Mountain (and tuns to the Missouri Pacific), on
total leased, 58 miles. Total owned and leased, 413 miles, of which
51 tho general basis of paying over to the Wabash its net earnings eaoh
Biles, Btrasburg Junction to Harrisonburg, is leased to the Bait. A Ohio
year, but in May, 1884, Messrs. Solon Humphreys and Thos. E. Tutt were
leaving 362 miles operated.
appoiuted receivers ou the company's own apolieation in view of the
The 'Washington City Virginia Midland A Great Southern was a con- prospective default June 1 on the general mortgage bonds.
Receivers,
solidation (November, 1872) of the Orange Alexandria A Manassas
ceil ificates were issued for about $1,400,000 and notes for
and
Lynohburg A Danville railroads. The Orange Alexandria A Manassas to take up notes eudorsed l>y .Messrs. Gould, Humphreys and$2,183,000.
others, but
was a consolidation (June 1, 1867) of the Orange A Alexandria and the these were finally taken up by leaving to the said endorsers the
$2,700.Manassas Gap. The Washington City Virginia Midland A Great South- 000 of collateral trust bonds held by them as security
ern was put into the hands of a receiver July 1, 1876, interest being in
The
plan of reorganization under wnioh the properties were sold in
default, and was sold in foreclosure May 13, 1880, and after
litigatioD
1886 was published, as modified, in V. 41, p. 300, providing for the
sold again Deo. 20, 1»80. Reorganized as Virginia Mi.Uand, ami
bonds issue of $30,000,000 new debenture bonds, to be disposed of as there
and stock issued as above.
staled also the following points were embraced in the plau:
In April, 1 886, a lease of this road was made to the Richmond
A DanThe whole property to be foreclosed uuder the general and collateral
ville on the basis of a payment ol the fixed charges and the
trust mortgages, an upon receipt of the new debenture bonds, the hold*
Dy tne lessee of any balance of net earnings to the Va. Midland payment
Co. The ersof general mortgage and collateral trust bond certificates to pay
lessee may If it chooses advance the money for interest
on the six two per oent In cash on the face of the new bonds, for which they would
aeries of prior bonds If earnings are Insufficient, but guarantees
nosl- receive debenture bonds or scrip.
ively the general mortgage nterest.
After the formation of the new company, the Purchasiug Committee
Of the above bonds, the first series is a first Uen between Alexandria
to oiler the new stock to the stockholders of the Wabash St. Louis A
5 G <,rrt,on «llle, Including lease of Charlottesville A Raptdan Railroad Pacific Railway Company, at the rate of eight dollars per share on preanatlie Warniiton
Branch; the second scries is a second lien between ferred, and six dollars per share on common stock, who, for the amount
Alexandria and Gordoiisvllle, including Warrenton Branch and lease
of so oaid, to be entitled to debenture bonds, or scrip, dollar for dollar,
Charlottesville and Rapidan RK.,and a first lieu between Charlottesville
in addition to the snares m the new company.
ana.Lynchburg; the third series is a third lien between Alexandria
and
The bondholders agree to take any stock and debenture bonds not
v,11
nclu
,,
°?*;-'
'" WaIT entO" Branch ana lease of Charlottesville accepted by stockholders, upon the same terms, pro rata, the amount,
*u
'r
* Kapiuaii KR. and a second lien between Charlottesville and Lynch- however, not to exoeed five per cent on the face of their bonds.
tartr the fourth series Is a fourth lien between Alexandria
and GordousThe decree of foreclosure was made in January, 1886, and the road
lUe.inclnd.iiig W arrenton Branch and lease of Charlottesville
A Rapidan sold April 26, 1886, to the purchasing committee, who were the only
BJBUandathlra ien between Charlottesville and Lynchburg;
the fifth b.dders, the prioe for all the properties sold being $625,000. (See
series Is a first lien between Manassas Junction and
Harrlsonnurg, In- V. 42, p. 537.) But there was some delay In the confirmation of
612;
an
i
U
;
&
—
;
;
—
;
;
I
.
;
September,
9
i
.
,
,
J
1
RAILROAD STOCKS AND BONDS.
1888.]
133
Subscriber* will confer a great favor by elvlns Immediate notice of any error discovered In these Table*.
DESCRIPTION.
r
Miles
of
explanation of column heading*, Ac., see note*
Road
on first pim of tabic*.
St. Lorn* * Pacific— I Continued Wabash. 1st tnort.. (Decatur A E. 8t. Lotus) ....
do
Fund, debtbds. Asc.oerts. iseeremarka.)
do
Mort.. cold, alnk. fd. 925.000 after '82
Hannibal A Naples, 1st mortgage
INTEREST OR DIVIDEND8.
Date
Size, or
of
Par
Amount
1869
1877
1870
1879
81.000
82,700400
Rate per When Where Payable, and by
Bonds Value. Outstanding Cent Payable'
Whom.
aTafcuA
too
M
sTafMun Wctttrn Stork
1,004
St-L. K.
354
A So., 1st nrort. (North Missouri) ....
real estate A railway 2d mort. ..
do
354
.r.Bridee.eoup.orrg
do 1st A 'J.
"42
t.vk
St. Lout* Council Bluffs A Omaha
lBt morr. ca St. LouisOttuuiwa A C. It
.«
jMb
—
115
49
18
18
18
12
Morv-lst
City. 1st mort
M., guar, by N.Y.C.A Hod.
1887
1,000
1855
l-ro
ioo
so
100
i
1M0
i-<;;<
.;.m !.,„»,
54i».«nm
1-7'J
1.000.000
1.000.000
1.100
100 At
n
1881
to
at
7
478
receivers'
1,784350
500 Ao.
500 Ac
l.coo
?*
V.
J.
6
7
F.
J.
ni),.KHi
6
M.
2>t
M.
M.
J.
J.
IO.OU0
6
6
1885 LOOOAc
'iU.OO.'.ihH)
t
Ac.,
being
led a lance amonnt of or«ir
on tba prior mortgage Ueaa. The Committee of Reorganize
In June. 1886. prupoard toIk* bolder, of all mortgages on the road
t of tar Miss. River that their futare interest should be reduced to 5
percent and overdue Interest funded to 18*9, iste proposal In V 12,
p. 005). Seme bondholders made opposition to this, and after litigation
the Kterrats Tun aad Humphreys were removed by an order of Judge
OWstisai. and Judge Thoa. M. Cooler was appointed receiver of most of
Uw lloea east of the Miss. Rlrer. and he was sneeeeded by Mr. Mc.Nulta.
The order made by Judges Brewer and Treat for the surrender at these
lines was In V.
44. p. lo. The purchasing oaoamlttee afterward t-.k
of Use lu.e* yet remaining fas the Wabash system watt of
i
I
Biro' ami organised the Wabash A Western. Suits to
the I,L A So. Iowa mort. aad the Great Western of 1850. also
mort. of 1807. were begun la Jan.. 1887.
raorosao schchi or ctniouDtnat, »or. 1887.
On Not. 21, 1887, a plan of eel tinmen' and consolidation was ptibUshrd by the purchasing committee and the bondholders' eommlttee
ppi
'
.
[
M 8 N
ci
I
J
6
3m,ooo
I
I
do
do
do
do
A7g.
1.000
100 Ac.
1880
J.
A A. 1 Interest on oertl- f
A A. tloites for bonds asA O. seating to the plan
AD. was p'd to May 1, '88 I
A J. K. Y., Bk. of Commerce.
748,500
1 00.000
30".ooo
788.7<
debt,
F.
P.
M A S.
AO.
7to6to5
A O.
7
J. A J.
3>a J. A J.
A. A O.
3>s
A. A O.
7
M. A 8.
7
6g. J. A D.
84 M. k I,
J. A J.
6
A. A O.
7
62«,000
322.500
185,000
780*900
1,800,000
750,000
OOOssp.
7
7
6
1.:1"..vnp
.:.",
A7
7*'
6.000,000
3,000,000
so
iS
car
5OO.IN10
30.000.. MM
1873
M
n
A Ocean
IVassatrUle
1878
1,000
l.ooo
1.000
», ,
Wmt Jtncp at AUaaMe-Siork
1st mortgare, drawn at 1 OO
Wttt
1,000
6
3.009,850
2,000.000
1.<MMJ
I
a
De* Motaes A Northwestern- let mort.
"are Kirer—Stock, 7S rental guar.99.i_yr*.R AAlb.
Warren tSJ.y—Stork. 7 % perp. guar. D.L1I...
2d mortgage, now 1st
1st ronaoi. mortgage
WmsIiibHii OUv TfX Lo»/fc<mi-l*t M. bon.ls sold.
f»«si /ersra—Stock (paid 64 percent In l«-»>
c1st mortcace loan. com. sink. Id. *12.5U0
e'
1st
do
coMottdated
Coneolldsted mortgare
r
Ocean City RR bonds
e*
Swrdrsboro RR. bands
Woodstown A Swedesbnro, 1st mort.
500 Ac
A
do
do
do
do
Aug., 1889
Feb. 1, 1907
April 1, 1909
June
1900
1,
1895
1895
1908-1808
July
1,
Sept. 1,
1937
Oct..
July
rlosiou. BostA
N.Y.. Del., L.
Alh.RR
A W. RR.
1899-
1.
July, 1588
Oot., 1888
do
April 1. 1900
do
do
do
March 1. 1906
Baltlmore.Balt. A O.RR. lime 1. 1913
Phlla..
Ofhoc,233 So. 4th Bent. 15.1888
do
do
do
do
do
do
A.
A D.
A N
A 8
8 I
A J
A J.
Bnntlt— PrinciDue.
Slock*— Last
Dividend.
pal. When
do
do
do
do
do
do
1896
1890
Jan.,
Oct..
Nov.. 1909
Aug.. 1925
l-'.l*
May
1.
1912
Phil. Ofllce. 233 9o. 1th. Sept. 15, 1888
Phlla., fidelity I. T. Co. Sent. 1, 1910.
Phlla., Penn. RR. Office. July 1, 1910
New
York.
Jan.
1,
2361
remained In the system when the purchasing committee took possession
In March. 1887: also certain lm v. cast of tin- Mi-o»-ippi that Judge
Coolay did ti it Hike. The total mileage operated Jnn. 1. I---. w»i re.
ported by the Wabash Western as 1.004 miles, made up as follows:
Western Dlv.-8t. Loola to Kansas City. 277 miles; Vine 8 1 to Ferguson. 12m.; Centralis lo Columbia. 22 m.; Glasgow to Salisbury. 15 m;
Moberiy to Dos Molurs. 212 m Brunswick to Pattonsburg. 80 m.; Albla
tollarvrv.2) m total, r. 11 miles. Eastern Dlv.-Dotrolt to tinners,
iiioago (C. A A. R It.). 133 in.
Atti.n to
Covington. 16 m. ; Sidney to Champaign. 12 in.; tola'. 363 m. Total
mileage operated. 1,004 mil- s.
The St. u OuumwsA C. R.
was taken In by consolidation In Nov.,
1887. and bond* were issued oa the road liearlug 7 ner cent, tutorest
1889. then G till 189J and 5 per rent thereafter. The Dos hL
A N W. iioiid* are not guaraoteed. the niad being merely leased and>
oiwrab d ny W. W. Annual report for 1>87 was in V. 4«, p. 319.
The annual report for 1887 was la V. 46, p. 319, and gave the follow:
:
:
RR
.
ing
:
lxsT.
Oroas earnings
Operating expeoaea
96,518,061
embraced the following sail"!II' p oi.ta
4,680.134
1. Cash for all overdue euapons
aapooa of t he first mortgage aad funded debt
bands or scrip, except the Detroit Inrl-ion. with Interest on same to
91.837,987
November 1. 1887. upon depaslt or bond* nnder this agreement.
52.979
be new first mort s-age for overdue rou pons of the second
2. Bonds of
mortgages and funded debt bonds or scrip, and the Detroit Dlv..wlth
Net revenue
91,890,917
Interest thereon to November I, 1887. and for ove-dne coupon* oa con- Taxes, rentals. Interest,
Ao
1,310,743
solidate! mortgage funded debt and scrip of same, and the Wabash
mort gag sevens of 1870.
Surplus for 1887
9580,178
3. Foreclosure of the mortgages was deemed
d necess ary for the
The Interest account embraces nnly the nine month* of It* corporate
organization of a new eompaoy or anainaiilns aad the consolidation of
rxlstrnoe. and a balance of 9450.816 Is the actual net promt of the
sy or imsapsiilinao urgaclsed with the Wabash Western Rail
lie s operated during the period named, over and above all expenses
and fixed charges. The operating exnenaei Include all expenditures
t. The rreaUon of a new first mortgage by the Consolidated Company,
payable In fifty years from November!. 1 887, bearing 5 percent Interest for new minor stock and Improvements, no construction account
Into having been opened on the hooks of the new com pun v.
la semi annual coupons, principal and Interest payable In gold
this sll the old first mortgage bonds, funded debt and scrip pertaialog -(V. 45. p. 744. 887; V. 46. p. 310. 3*1.352; V. 47, p.42.)
thereto, to be convertible to the amount of principal thereof.
Ware River.— Palmer. Mass., so Wlnchendon. Mass., 49 miles. Ik
" d mortgage open
A new »eeO
second
upon tba lines
II
east of the Mississippi is leased for 999 yean to the Boston A Albany Railroad at a rental of 7
er. payable fifty years from February
irnarr 1, 1888, bearing 5 p
par cent per annum. J. A. Rumrill. President, Springfield, Mass.
Interest
rest la semi-annual coupons, principal anil Interest payable In gold.
Warren, N. J.— Lino of road. New Hampton .lunetlon to Delaware
"f ail
> Ibis the pnn IpsJ or the bonds nf
all of tue old se, ond mortgages.
miles. The road is leased in perpetuity lo Delaware
Bridge, N. J., is
tbeeon—ilKl:.
7 and ibe sevens of I87>< to he convertible.
Laekswsnna A Western at 7 per cent on stock and bonds. John I.
The charges on all line* as they would stand after this reoegani ration Blair. President. Blslratown. N. J.
were glvca briefly on p. 744 of V. !.">. sn 1 the earnings below fur last
Washington City A Point Lookout. -Hvnttsvllle. Md., to
wbele sy •tern In 1887.
hepherd. MiL, 13 miles. This road was opened In 1873.
Is
Stocks axd Boaoa.— The old pref. stock had a prior right to 7 per to the Baltimore A Ohio for 836,000 gold p -r annum. TheItstockleased
paid
eent mon-cnmnlauve); then common to 7.
In Is 91.0O0.0O0. In 1881 it was proposed to extend the road and a
Prices of stock since 1879 have been Common In 1840, 36w*t8; new Issue of
82.000,000 bonds was authorized, due 1900. 8. T. Suit.
l.-.*.)i;>«;
rhleh
i
i
I
.
MM
'
'.»
:
t»19\;
-/39V
bt 1885.
2»15>s;
In 1883.
in
1886(pur. com. receipt.,.
In
1884.
12«2tV
In
1887.1.>'»«22»«: In 1888, to Sept
1880. .Mmwsj; In 1881. 6t"4»96>«; In 1«82, 4.5'**71V In
*0>»w57«.: In 1884. 9»32; In 1885. 64*>.
lwectMa) 23»j*41's: In 1887, 33*4»38**;
1898. to Sept. 21, Inclusive.
m
OrgBATloss. FTBtjlcn, Ac. -The Wabash St Lords A Pacific extended
IU lines very widely In the years 1879 to 1882 (under the presidency of
Mr. SoIob Humphreys., by the acquisition at branch and connecting
ned heavy liabilities. Although the earnings
annual liabilities were still far In excess
The road was operated In close connection with the
system running into St. I.oula. and the formal leas*
to the St. Loads A Iron Mountain Company placed the Wabash la com
m
Biete control ot tba Missouri Pacific prior to the appointment of receiver*
tor the
West Jersey. -Main
line
:,
•
I
I
'
Gross earnlngs-
Western
Wabash
R'wsyCo.
Railway.
86.P02.109
061
Oi-erstllK fi
1.358
"Meaning*
81,837,037
Received from rent of truck. Ac
Taxes, rentals, ear tract
Int..
.
Ao.
52.9'
81.890.917
304,005
Net revenue apntleatde to lot »1 49*. ill
lines
and West.
913.420.171
9,464.483
82.117,751
7.282
83.''
82.125.033
84.01
(.9J.357
East
088,863
81.532 875
9i.o20.587
>. 540, 573. 843. S96, 744, 703. 821
847. V. 46. p. 105. 134.801.377, Ml. v>9. 821. <Mw; V. 47, p. 327.)
Wabaab
ta
1
e.iern.- The mail owned Includes those parts of
I^>'ii« A f.o-itlo «e«tof tl„- Mississippi P.I ^r that
fornwr Wabash Bt
and branches—Camden
to
Cape May,
Brtdgeton. Riddleton, Sea Isle, Ocean City, Ac, ISO miles; West Jersey
A Atlantic Railroad.. 40 mile* total. 209 miles operated.
Kinking fond nf 9I2.SOO yearly for bonds of 1896 is invested In cotn-re so held Fe'.. I, 1- -. lm lu ting tho
riny's bonils and t
.'.•.•••Nine. .,.:
tj i:h
kBawl ssstera aoO 8100.000 ObIbb* BB. boada.
In August 1887, 20 per ee..t new stock was Issued to stockholders, at
par, to provide for acquisitions and Improvements, and a further Issue
was made later to eon* >H date several of I"
the branch roads Into the
W. J. Co.
From Jan. 1 to July 31, 1888 (7 mos ), gross earnings were 9867,173,
against 9s<>0.4*4 In 18V7 Bet, 9314,175, against 9294,533.
The annual report ror 1887 was published in the Chbohiolb, V. 46.
Income aooount has been as follows:
p. 60 J.
:
.
1
:
Wabash.
- Wabash, from Jan. 1 to July 31, 18-8 (7 mos.). gross earning*
?! ilDe" "•*! ot the Mlasisslpid were 83.423,965. Bgainst 83,721.tlo In
1887; ne'^»50.\.380 ag
--". fisj hBQVjrhsB gUttTIICIlt M
Wabash A Wests
rstern r-p-irl 'of the Income accoun
oth systems ror that jear:
BBsL LT» or OI'BI:
I.ISIBS rok TUB TBAB 1887.
Wabash
Total all
tlie
President.
rxcostB Aooocnrr.
1884.
1885.
8
ReetipUJfetearntors
Other receipts
Totallncome
f)l*oiira*Miiufg
Rentals paid
West Jer. debt..
S.tearn.ofWJ.AA.RB..Ao
Interest on
Dividends
Kate or dividend
KM
11.
8
503.305
11,966
476.627
14,008
503,274
515,271
490.625
524,634
8
41,745
1-0.174
90,081
89,140
6 p. c.
9
8
41,270
175.174
90.6d8
87.788
6 p. c
89,098
176,174
81.990
89.113
6
p. c.
Total dlsburacmcnU.... 394.900
385.375
Balance, surplus
105,250
130.371
-<. 45. p. 473, 014; V. 40. p. 191, 609.)
21,: 150
401.140
123.484
1887.
8
493.008
20,8i7
513,815
8
80,164
182.313
90.652
89,142
p. o.
401.291
112,524
West Jersey A Atlantic. -owns-Newflcld. N. J., to AtlantloCltr.
I'leasantville A Ocean city Kit., 7 miles total. 40 miles
N. J., *8 mile*
;
;
17, 1880, and nix-niicd i,,
iiroad on a
agreement and 35 per cent of gross receipts on West
ti ,1111. of this road to be applied to any deficit in
Interest
and {ben as sinking fund lor bomls purchasable at 105, or drawn it
earnings were 978,460. Stork I* 8789,700.
over that.
Opened June
(olut
traffic
Jersey (rota
1
I
:
;
SUPPLEMENT.
INVESTORS'
136
[Vol. XLVII.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Table*.
description.
r
explanation of column headings, Ac,
on tint page of tables.
Date
Size, or
of
Par
60
44
1881
1868
1870
1888
1873
1870
1872
$1,000
81,650, 000
1,000
1,000
1,000
1,171, 000
372, 0(10
Warren
—
ft
Amount
Bonils— Prinol
pal, When
Due
Rate per When Where Payable, and by Stocks— Last
Outstanding
Whom.
Cent.
Payable
Dividend.
Road. Bonds Value.
W. Virginia Cenl.it Pill*.— 1st M.,g.,$'25,000 p.ni.c
o*
Western (Ala.)— Western KK., 1st mort
(now 1st), guar, by Cent. Ga.andGa. UK 0*
Contol. mo.i. guar, by Cant Ga. A Ga. RR
Western it Atlantic (Ga>— Income bonds
Western Maryland— 3d M.. endorsed by Baltimore.
4th
endorsed by Baltli' 'ore
do
5th mortgage, to the City of Baltimore
Baltimore A IlnnislinrgRR., M (for $690,000)..
o*
Mort. Tor Western Extension ($210,000)
Weitern K. I. a fennsylvania-Btock ($30,000,000)
o*
1st mortgage ($10,000,000), gold
c*
2d mortgage (1st ou equipment, etc.), gold
Income scrip, red, at opi'n
do
do
MM.
INTEREST OR DIVIDENDS.
Miles
of
see notes
Franklin, 1st mortgage
c
Western North Carolina— 1st mortgage
1st consol. mortgage, gold ($12,500 p?r mile)..c*
2d oousol. mort. ($15,000 p.m.)
Western Pennsylvania—1st mortgrge, sink'gfund..
1st mortgage, Pit tabors- Branch, sink'gfund
Consol. M. for $5,000,000 g., guar., by Pa. RR..C*
White Water— Stock ($325,000 of it pref.)
Wheeling it Lake Erte.—Ptet. stock, 6 p.c, not cum.
C
1st mortgage, gold
1st M., Wheeling Div., for $1,500,000. g..$ ft £.c'
Witm. Oolum. it Aug.—Stock, 6 p. c, guar.WU.&Wel.
mortgage
Wilmington it North.— 1st M., 20-40's ($1,000,000).
Wilmington it Weldon—Btock
Sinking fund hds., g., provided for by gen'l mort.
Gen. mortgage for $4,000,000 ($12,000 per mile).
Cert, of indebtedness, non-cum.. income
Albermarle A Raleigh, 1st M., $20,000 per mile..
138
138
138
90
90
16
659
030
630
630
50
130
189
70
28
93
65
186
186
(J)
1888
i",obb
1887
1887
1,000
1,000
mo
500
1865
1875
1884
1884
1863
1865
18S8
..
1,000
1,000
500
100
Ac
Ac
1,000
....
100
1880
1887
222
1885
....
**
7
6
640, ooo
West Va, Central & Pittsburg—A
coal and railroad company in
upper Potomac region— the Elk Garden Coal Field.
in operation from Piedmont, W. Va., to Davis, W. Va.,
68 miles; Branch, Stiaw. W. Va., to Mineville, 2 miles; total. 60 miles.
Extensions in rogress. Owns 32, '.'44 acres of coal and lumber lands
covered by the first mortg., and has mineral rights on 5,407 acres more.
In six months ending June 30, 18*8, gross earnings $29 ',710,
against $156,509 in 1»S7; net $100,206, ag-inst $52,337. In 1887,
net profits on coat sales, $51,982; net from railroad, $71,394;
total net revenue, $123,376; interest paid, $68,560; surplus, $60,635.
See report, V. 46, p. 480. Stock, $5,500,000. H. G. Davis, Baltimore,
President; 8. B. Elkins, Vice-President. (V. 46,p. 480, 610.)
ffest Virginia in the
Owns road
i
Western Alabama. -Link of Road—Selma to Opelika, Ala., 116
miles; branch, Opelika to West Point, 22 miles; total, 138 miles.
Was a consolidation in 1870 of Montgomery A West Point and Western of Alabama. Sold May 10, 1875, in foreclosure and purchased
Jointly by the Georgia Railroad and Central Railroad of Georgia. In
Sept., 1888, the consol. mort. was issued to retire bonds falling due,
$1,171,000 bonds being reserved to retire 2ds, due Oct., 1890. Iu year
ending Aug. 31, 1887. gross earnings were $46.2,529; ne', $163,911
surplus over interest, $40,471.
In 1885-86 gross earnings were
465,235; net, $105,160; deficit under interest and l»a per cent divi
tend, $3,280. Stock, $3,000,000 par, $100.
1,
1911
Company's Offices,
do
do
B.ilt.
Nov.
1,
1,
May
1936
1938
A J. N. Y„ Bk. of New York. Jan. 1, 1937
).
A. a
do
do
Oct. 1, 1927
None paid.
After 20 years
A. A O.
F.
A. N. Y. Office, 35 Wall St. Feb. 1, 1896
M. AN.!
Raleigh, N. C
May 1. 1890
July 1, 1914
J. A J. N.Y.,Rich.ADan. 2 Wall.
Oct.. 1914
A. A O.
A. A O. Philadelphia, Penn. RR. April 1, 1893
J.
i
A
J.
J.
J.
J.
J.
J.
J.
i*
Tuly
A
J.
J.
6
5
4
2,500 000
West Shore.— Line of road from Weehawken, N. J., opposite N. Y.
City, to Buffalo, N.Y., with branches to Albany City and Rochester City,
about 448 miles in all. This company was organized in December, 1885.
as successor to the N. Y. West Shore A Buffalo, sold in foreclosure.
Immediately on its organization the new West Shore Company issued
810,000,000 of capital stook, and made an authorized issue of $50,000,000 of 4 per cent bonds. A lease of the West Shore property to the New
York Central Company for 475 yeara was executed in compliance with
the plan of reorganization. The $10,000,000 of stock is owned by
the New York Central Company in consideration of that company's
guarantee of the principal and interest of the $50,000,000 of new bonds.
The mortgage is made to the Union Trust Co., as trustee, and covers
the Uue of road. Weehawken to Buffalo with branches, 448 miles in all,
and also the terminals at Weehawken by ownership of all the stork and
bonds of the Terminal Company. The guarantee of the N. Y. Cent. A
Hudson 1b absolute as to interest and priucipal and is endorsed on each
bond. A review at much le'gthof the status of the new West Shore
bonds wag in the Chronicle, V. 42, p. 176.
-
H
m.'a'n.
M. A N.
A.
960, ,000
1,600, 000
500, 000
2,500, 000
936, 000
1,724, ooo
500
100
....
4>s
(»)
227
1st
AA
AA
3,600,,000
3,000,,000
1,000
1.000
1886
1888
Oct. 1. 1888
Oct. 1, 189C
do
do
Oct. 1, 1918
A. AO.
Atlanta, Co.'s Office.
Oct. '88 to '90
Q-J.
Jan., 1900
J. A J. Balt.,N. Mechanios' B'k
do
do
Jan., 1902
J.
J.
K
Ac
J. (J. Y. Office, 1 Br'dway.
B. HolliusACo.
O. N.Y.,
do
do
O.
J.
8
8
243 000
10
875, 000
6
1,000, 000
6
1,800, 000
483, 000
"t
240, 000
5
20.000 ooo
7,700, 000
g
20,000, 000 3g or5se.
5
0)
800, ooo
7
850, 000
7
2,583, 000
6g.
4,110, 000
6
790, 000
6
435, ooo
6
3.00O ,000
1,300, 000
"•"£'
500 Ac
100
A
6g.
A.
A
A
A
A
A
A
A
A
A
A
A
do
J.
do
Philadelphia.
D.
Jan.
June
1,
1,
1896
1928
N.Y., Office, 2 Wall St. July 25, 1888
O. N.Y., Mercantile Tr. Co. Oct. 1, 1926
J. N.Y .Cent.Tr.Co. A Lono July 1, 1928
July 10, 1888
Wilmington, N. C.
J.
D. N. Y. and Baltimore. June 10. 1910
1907-1927
D. Co.'s Offlce.Wilm. A Del.
J.
J.
J.
Wilm.,N.C,
Co.'s Office.
N. ¥..Bost. ,Lond. .Frank
N. Y. Bait. A London.
July 15, 1888
1896
1935
Baltimore
O.
$800,000 Warren A Franklin bonds are retired. There were also $20,000,000 second mortgage bonds issued for all other bonds on certain
terms; and $30,000,00>> of new common stock. The old stock paid an
a cessment of 8 per cent on the pref. and 12 per cent on the common,
each receiving the new 2d mort. bonds at par tor the assessment paid,
and share for share in the new stock. 2d mortg. bonds are a second
lien on the railroad and first "on terminals, ooal and equipment, subject
to lease of terminals and equipment to 1st mortg., if foreclosed." Till
Jan., 1898, they bear interest at the rate of 3 per eent, but tiU 1893
interest may be paid wholly or partly tn scrip oa a graded higher rate,
and if paid all in scrip the rate is 5 per cent; after 1898 the rate is 4 per
cent and, if earned, 7 percent may be paid, but afier 3 per cent has
been paid on second mortgage bonds, the stook and seconds share alike.
The scrip issued for interest bears 5 per cent interest, non-cumulative, payable only if earned, is secured by the coupons plaoed in trust
therefor, and is due 20 years from date, but redeemable at option. It, is
convertible into lnoome debentures, also non-cumulative, and payable
at option. Trustee of 1st mort., Mercantile Trust Co., of N. V.; of 2d
niort. Fidelity T. A S. Dep. Co.. of Philadelphia. (See mortgage abstracts, Ciikosicle, V. 47, p. It 9.)
Secoud mortgage coupons due in 1888 were paid in scrip.
From Oct. 1. 1887, to July 31, 1888 (10 mos.), gross earnings were
$2,418,879, against $2,117,957 in 1887; net, $661,186, agst. $274,806.
The annual report for the year ending Sep*t. 30, '87, was in the Chronicle, V. 46, p. 198, and oontaiued the following:
ReceiptsGross earnings
Net earnings
Oiherincome
1884--5.
1885-86.
$2,335,514
$154,«47
57,924
$2,5b8,217
$373,007
55.853
$2,687,755
$297,176
40,813
$512,771
$423,860
$337,989
Totallncome
1886-87.
— (V. 45. p.
142, 271,272,369,400,573,641.689.705,768; V. 46, p. 76,
173. 198, 201, 245, 353, 413. 538, 539, 803; V. 47, p. 109, 161, 278.)
Western North Carolina. —(Sec map of Richmond & W. P.
Term.)—Owns from Salisbury, N. C, to Paint rtock, Tennessee
State line, 190 miles; Asheville to Jarretts, 100 miles; total,
The road was financiaUy embarrassed, and was
290 miles.
purchased April 17, 1875, by commissioners for the State of North
Carolina, and subsequently finished by the Richmond A West Point Terminal Kailwav A Wa. ?house Co. In May, '86, it was leased to the R. A D.
Company. From Oct. 1, 188 7 , to Aug. 31 iu ls88 (11 mos.) gross earnings
were $573,654, agaiust $592,045 in 18s6-7 net, $91,235, against $79,Western 4; Atlantic— Atlanta, Ga., to Chattanooga, Tenn., 138 760.
In 1885-86 gross, $523,740 net. $85,3s4; deficit; under charges,
miles. Built by State of Georgia and opened in 1850, and by an act of
$53,310. In year ending Sept. 30. 1887, gross earnings were $660,599;
October 24, 1870, was leased to a company for twenty yearsat a monthly net, $84,350; interest (not including any oj bonds held by R. A W. Pt
rental of $25,000. In July, 1887, the leasee company put in a large
Term.), $160,741; deficit, $,"6,392. Stock, $1,000,000 common and
olaliu for betterments. Seo V. 4o, p. 85.
$4,000,000 pref. The second cons, mortgage for $4,110,000 is held by
'Western Maryland.— Line of Road— Baltimore to Williamsport, the R. A W. P. Ter. R. A W. Co., and also $1,325,000 of the 1st consols,
Md., 90 miles Eumutsburg Branch, 7 miles Edgemont to Shippeus- given aoove
$850,000 of same bonds are reserved to retire the lsts.
burg. Pa., 34 miles total, 131 miles. '1 he Baltimore A Harrisburg, Certificates of indebtedness Sept. 30, 1887, $456,760; due other comleased In Nov., 1886, comprised 78 « miles. The stook is $683,750; par. panies, $537,803. (V. 46, p. 699.)
$50. Tne company was largely assisted by the oity of Baltimore, and
Westeru Pennsylvania.— Owns from Bolivar to Allegheny City,
was unable to pay all its interest, and the city now holds a fifth Pa.,
70 nines; oraucu to Butler. Pa.. 28 miles; total. 98 miles, a new lease
mortgage for $1,800,000 aga nst the oompany.
to the Pennsylvania Railroad for 50 years was made in 1883; rental net
The Baltimore A Harrisburg RR. was formed by consolidation of earniugs. The Pennsylvania Railroad, lessee, owns $1,278,350 stock.
small
roads
several
in 1886 and leased to the Westeru Maryland, which
The oousoltdatel mortgage bonds of 1888, guaranteed by Penn. RR.,
also owns a large amount of the stook; of the issue of $690,000 bonds
old five per oeuts; $1,225,000 bouds are reserve I to provide for
$207,000 are i eld in trust to pay off prior mortgages. In 1888 a new replaced
prior bonds. Gross eirnings in 1887, $1,434,655; net, $528,241; surmortgage was issued to extend thj B. A H. to Blue Ridge Summit Md
plus over charges and 3 per oent dividend, $2 s4,500. Gross in 1886,
15 miles.
$1347.565; net, $607,542. In Dec, 1886, paid 3 percent dividend.
Fiscil year ends Sept. 30. Operations for four years have been as
(V. 46, p. 481.)
follows
White Water.—VaUey Junction, O., to Cambridge City, Did., 65
Passenger
Freight
Gross
Net
miles. This was formerly the White Water VaUey, sold in foreclosure
Miles.
MUeage.
Mileage.
Earnings.
May 2, 1878, and reorganized uuder this title. In year ending April 30,
1883-84
131
16,512,178 13,114.956 $665,995 8*58,245
18s7, gross earns, were $95,567 deficit, $5,498. Elijah Smith, Pres't.
1884-88
131
;
:
;
:
;
;
;
—
188586...
131
131
1886-87
14.602,158
15.946,659
16,156,507
11.670.4S6
10,878,194
12,523,320
;
619,217
617.561
659,434
232,135
239.137
261,109
—(V. 45. p. 696, 793.)
New York A
'Western
Pennsylvania.— (See Map) - Line of Road
-Buflalo Division-Buffalo, N.Y.. to Emporium, Pa., 121 miles., Larabces
Pa., to Clermont, Pa., 22 j Pittsburg Division— Buffalo, N.
to Oil
,
City, Pa, 133; Titusville, Pa., to Pioneer. Pa., 9; Olean, N
to
OU City, Pa,, 116 miles; OU City to New Castle, Pa., 66; Tryonville
to Union City, 17 miles. Rochester Division— Rochester,
Y., to Hinsdale, N. Y., 99; Olean, N. Y., to Bradford, Pa., 26; Bradford, PaT.
to
Klnziia. Pa.. 26 Eldrod to Tarpnrt, 18 miles; Genossee Valley Ter
3 miles; total operated, 659 miles, of which 40 miles are leased The
Swain's Branch, owned 11 miles, Is leased to L.
P. RR. Branch to
Y
Y
N
RR
;
A
Phil. A Erie protected.
Tnls company was organized Nov. 22, 1887, as successor
to the Buffalo >ew York A Philadelphia (a consolidation of
1883), which
embarrassed in 1S84 aud was sold In foreclosure Sept. 15. 1887became
The
dated Feb., 1886 (see V. 42, p. 242). provided
fwJi rcorgani/.alloii
bc1
*I'»O"".000 flrstraort. 5 per cent bonds for the
S?iSiu.„
T',"
«ner»
Issues of
old. first, mortgage* and the B. N. Y. A P.
tne balance tor reorganization expenses and for future 2d mortgage,
use. Of the
d r &',"¥ W.078,0iSi ''«''«»
2! "'° <*> company (which were to be so
;.
provided
for out of the $10,000,000
new first mortgage bouds), all hut
Johnsonburg on
™
Wheeling Sc Lake Erie.— Toledo,
0.,to Bowerston, O., 174 miles,
sold in foreclosure
in July, 1886, with stock of
shares),
wnich
inMarch,
was
made a preferred
($100
1888,
$3,600,000
6 per oent non-cumulative stock, and common stock of $ 1,500,000 was
authorized. Mortgage of 1888 for $1,500,000 was issued to ex teud the
road to Wheeling. From Jan. 1 to April 30. in 1888 (4 mos), gross earnings were $286,136, against $231,989 in 1887; net, $86,130, against
$66,411. In year ending June 30, 1888, gross earnings were $818,073;
dividend paid (2 per
net, $241,710; surplus over interest, $96,3«8
cent) $70,268. Inls86 87 gross $676,248; net, $184,841; surplus over
int rest, $56,976. Geo. J. Forrest, President, 2 Wall 8t., N. Y. (V. 45,
V. 46, p. 371, 538, 650; V.47, p. 139, 3*5.)
p. 26, 85, 371
and branuh
to
Hurou,
April 23, 1886, and
O.,
12 miles.
The road was
new company organized
;
;
Wilmington Columbia
Sc Augusta.— Owns from Wilmington,
C, 189 miles. Leases Jointly with NortheastRR.. the Central RR. of South Carolina, Lane, 8. C, to Sumter,
8. C, 33 miles. Total operated, 227 miles.
Road was sold In foreclosure, October, 1879, for $860,500, and company reorganized under present style.
Iu June. 1885. the road aud property of this company were leased for
99 years to the Wilmington ft vv'cldon, the lessee to pay all interest aud
fixed oharges and 6 per cent dividend on the stock, payable semi-annually in January and July. In year ending Sept. 30, 1887, net receipts
to Columbia, S.
N.
C,
ern
8. C.
September,
1888.]
RAILROAD STOCKS AND BONDS.
*
1»*
:
AND CANAL STOCKS AND
ItAlLROAD
BONDS.
[Vol. XLVII.
Subscribers will confer a great favor br giving Immediate notice of any error discovered In these Tables.
Bond*— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date
pal, When Due
Amount L^
For explanation of column headings,
on first page of tables.
Ac., see notes
0*
Winona rf South IT.— 1st M.. $18,500 p.m. g
Wisconsin Cent. Co.— 1st inort. (for $12,000,000).c*
Income bond*, non cum. (for $9,000,000)
o*
Chic Wis. A Minn.— 1st mort., gold
c*
income bonds, 6 p. cent, cum.
do
do
Wisconsin Centra RR.—Consol.tnnrt., pref. landgr.
Consol mort. 1st scries, gold
c&r
Con. M, 2d hit's, income mot cumula'velgold.o'Jfcr
Worcester Nashua tt Rochester—8tock
Bonds, mortgage
c
Bonds, mortgage
c
Nashua A Boob., 1st mortgage
c
1
W.N. 4 K.— Mortgage
Banes,
it
of
of
Outstanding
Road Bonds
Ohio River— 1st M., gold, $25,000
CANALS,
p.
r
—
....
I
326
326
326
94
Maryland loan, guar., sterling
Bonds baving next preference
Repair bonds, Act 1878
Delaware Division— In M. (ext'd 20 yrs. In i§78J.c
Delaware <* Hudson—Stock
1st mortgage, registered
Debentures secured bv Penn. Div. bonds
c'
1st M. on Pennsylvania Div. ($10,000,000).. o&r
Cberry Valley Sharon A Al., 1st mortg
Schenectady & Duan, let mortg., int. guar...
ti'high Coal <t Navigation—Stock
Loan, oonv., coup., gold (assumed L. A W. Coal Co)
1st mortgage, reg. (extended at &H)
r
let mortgage, registered, railroad
r
1886
14
14
184
184
184
184
1886
"60
595
1858
1871
1874
1877
1869
1874
21
14
339
50
1869
1864
1867
A.
(1)
1873
1875
1874
48
"74
m..o
—
Chesapeake tt Delaware stock
1st mortgage (extended in 1886)
Chesapeake <e Ohio Stock
Maryland loan, sinking fund
122
1*88
1887
18S7
1885
1885
1879
1879
1879
to
When Where
"*£„«*
Payable
500
$1,903,238
2,602,950
3,851,593
2,000,000
4,375,000
1,699,500
500,000
800,000
24,500,000
5,549,000
4,829,000
5,000.000
300.000
500.000
J.
J.
J.
685,500
5,000,000
2,000.000
Ac.
r».
It J. A J.
5* M.A8
12,7.49,250
Var.
Var.
A
$6,660,000
5,743,000
2,860 000
1,040,000
400.000
2,416.500
2,336.000
3,099,800
250,000
400.000
575,000
150.000
1,700,000
m.'a's.
J.
J.
J.
5
5
5
A.
P.
A.
J.
4
6g.
F.
A J
A J.
A J
A O.
A A.
O.
A J.
A A.
A D.
A J.
& J.
,v
Payable, and by
Stocks— Last
Dividend.
N.Y.. J. Walker A Sons.
N.Y., 36 Wall A Boston
April 1, 1928
New
Whom.
York, 36
W
11
Boston, 50 Srate
St.
5 p.
St.
do
paid.
Worcester, Office.
Bost., Globe Nat. Bank.
do
do
do
do
do
do
N. Y., H. B. Hollins A Co,
A J.
A J.
& J,
-Moh.
A J
t
A. A O.
u A S.
A D.
M A S.
A D.
M A S.
6
J.
J.
6
J.
1*2
7
7
7
7
.1.
6
2
.1.
4 1s
6
1937
1937
1915
yearly
1909
1909
July 3, 1888
April 1, 1893
Feb. 1, 1895
April 1, 1894
July 1, 1906
Feb. 1. 1916
I,
Jan.,
Philadelphia, Office,
do
do
July
Q-J.
6
1,
1,
1,
ct.
Jan.
No coupons
Q-J
6
5
July
July
March
A
Bait., Farm.
Mech.Bk
Phila., 226 8o. 3d St.
N.Y.Of., 21Cortlandt,
do
do
do
do
do
do
do
do
do
do
Philadelphia, Office,
Q-J.
Q-F.
do
do
do
do
do
do
1,
1916
1870
1890
1885
1898
1898
1888
1891
Oct. 1, 1894
Sept. 1. 1917
1899
1924
June 9, 1888
1894
July 1, 1914
Feb. 1, 1897
July 1.
S,-pt. 15,
Jan.
1,
were $269,144; the surplus income over interest and dividends was its proportion of terminal charges, but surplus rental over $350,000
#15,544; paid deficit Central RR. of 8 C, $2,753; in 1885-86 net re-! (early is divided equally w'th 1-ssee. Permanent improvements oroeipts were $176,478; surplus $22,872 over interest and dividends.
dered jointly are paid for out of 20 year 6 per cent debentures, convert
Wilmington
Northern.—Owns from Wilmington Del., to i ble into common_or preferred stock, as maybe agreed; 1 sseo pays in
Birdsboro, Pa., 64 miles branches, 24 miles; total owned 87 miles; terest on such debentures for first ten vears onlv. Stock is: Common,
trackage leased, 5 miles; total operated, 92 miles. This company $1,040,000; preferred 6 per cent, euuulative. $1,560,000. Improvewas organized Jan. 18, 1877, as successor to the Wilmington A Reading ment notes, $205,< 00.
The annual report for 1837 was in V. 46, p. 826, showing gross reRR. Co., which defaulted on its interest and was sold In foreclosure Deo
4, 1876. The mortgage for $1,000,000 was authorized to cancel exist- ceipts of all lines operated, including laud receipts. $'r,862.320; net,
ing debts and to pay for iiuprovements;but only $500,000 can be issued $997,852; total charges, $l,215,lo2. (V. 46, p. 471, 826; V 47,p. 52.)
ou present mileage. Gross earnings in 1886, $384,237 net earnings,
Wisconsin Central Railroad.— Owns the main line and
$54,272; other receipts $1,680. In 1887 gross $383,336; net over branches, Menasha to Ashland, 253 ui.; Stevens Point to Portage City,
expenses and taxes, $49,075; surplus over fixed charges, $^6,347. Paid 71 m branches and spurs, 25 m.; total owned. 349 m. Leases: Milinterest, $12,570 bonds redeemed, $2,400. (V. 45, p. 614.)
waukee A Lake Winnebago. Neenah to Schleislncerville, 64 miles;
Wilmington
Weldon.—Road extends from Wilmington to Packwaukee to Montello, 7 miles; operated under contract, Milwaukee
Weldon, N. C, 162 miles; branches-Tarboro, 16 miles; Scotland Neck ro Schleisingerville, 33 miles. Total operated. 450 miles. This road is
Branch, 20 miles; Midland of N. C. RR., Goldsboro to Smith field, 21 still operated independently by trustees, but in harmony with the Wismiles; Wilson to Fayetteville, 71 miles; Nashville to Spring Hope, 20 consin Central Company consolidated Unas.
There was a land grant of 831,976 acres, of which to Dec. 31, 1887,
miles; Clinton A Warsaw, 13 miles; Albermarle A Raleigh RR. (owned).
WiUiamston to Tarboro, N. C, 33 miles; total, 356 miles. Extension 222.410 acres had ben sold for $624,453, aud 2.173 town Iota ami 28
in progress which will make total mileage 461 miles, and in addition blocks for $113,747, receipts from pinestumpage to ti at date being $909.270. Interest on the second series of bonds is payable Jan. and July, but
leases Wll. Col. A Aug., 19.' miles. Leased Nov.,'72, to Wil . Col. A Aug
BR. for 99 years. The lessees made default December, 1877, and the dependent each time on the net earnings of the half year ending six
lease was surrendered April 13, 1878. In June, 1885, this company months before. The stock of $2,000,000 preferred and $9,435,500 com
took a lease for 99 years of the Wilmington Columbia A Augusta. (See mon was deposited in trust with Stewart and Abbot, Trustees, to be
voted on until all interest should be earned and paid on bonds Trusthat company above.)
There was Sept. 30, '87, $1,871,478 to the credit of the sinking fund. tees' certificates for new stock (without voting power) were issued to
The certificates of indebtedness, $2,500,000, wore distributed to the old stockholders, which oass as a delivery on sales. Nearly all the
stock is owned by the Wis. Central (Jo. Proceeds of land sales go to
stockholders in January, 1887. as a scrip dividend.
The fiscal year ends Sept. 30. The income acoount for four years was sinking fuud for consolidated bonds: no drawings.
The Milwaukee A Lake Winnebago RR., from Neenah to Schleisingeras follows:
ville. is leased for 99 years; the rental is 37i« per cent of gross earnings
INCOME ACCOUNT.
up to $175,000 per year, all surplus to go equally to lessor and lessee,
Receipts1883-4.
1884-5.
1885-6.
1886-7.
Net earnings
$294,631
$373,141
$374,100
"$398,312 and the bonds are issued subject to this lease.
In July, 1887, the control of allied roads under one management
Other receipts
23,942
29,937
103,182
158,773
through the Wisconsin Central Company (which see above) was proaccording to the terms given in V. 45, p. 54. which has been carTotal...
posed,
$313,573
$403,078
$477,282
$557,085
Disbursements—
ried out to a large extent. The exchange of stocks and bonds by Wisconsin
Interest
Central holders was optional, and in the table above is given
$80,698
$13-!.3'i3
$79,365
$327,708
Dividends.. ..(8%) 166,^92 (8%) 166,592 (8%) 200,000 (8%) 200,00o the amount not exchanged prior to June 18, 1888.
Report of opeiations for 1887 in Chronicle, V. 47, p. 107. For
Total
$247,290
were
$245,957
$3387353
$527,708 four years the earnings,
1884.
1885.
1886.
1887.
Balance, surplus. $71,283
$157,121
$138,929
$29,377 Gross earnings
$1,429,075 $1,461,001 $1,565,313 $2,050,291
in 1886-87 the net receipts include those from the W. C. A A. leafe Operating expenses. .
957,745
941,881
1.509,581
1,182,080
and the interest payments, $175,000. paid on certiflcatess of indebtedness.
Netearnings
$471,330
$7140.710
$519,123
$383,233
Winona Sou th western.—Road projected from Winona, Minn., Rentals, carserv., Ac. 319,650
473,842
310,406
366,559
to Omaha. JJeb., 375 miles, or which H2 miles, Mason City to Foit
Dodge, is built. Has close alliance with Green Bay Winona A St Pan
Balance
$151,679
*208.716
$46,674
$66,868
Trustee of mortgage (for *6.950.0i0), Farmers' Loan A Trust Co. -(V. 45, p. 26, 210, 573; V. 46, p. 228; V. 47, p. lo7 )
Stock: Common, $3,V 50.000 preferred, $3,750,000.
Hon. William
•»•»«
Worcester
Nashua
Worcester to
Rochester.—
Owns
from
Windom, President. (8ee V. 46, p. 819; V. 47, p. 110.)
Mashua and Nashua to Rochester. 91 miles. This consolidated company
con n entra.l Compaiir.-Tliiecompany was organized in was formed Deo. 1, 1883, by a merger of the Worcester A Nashua and its
,
,
"f
fint.. a single.corporation the ownership
leased line, the Nashua A Rochester.
gather
18877 to
and control of
In October, 1885, a lease of this property for 50 years, from Jan. 1,
the Wisconsin Central Associated Lines, viz.: Minnesota St Croix A
1836. was made to the Boston A Maine RR. Co. at a rental of $250,000
Wisconsin 110 miles; Wisconsin A Minnesota, 51 miles: hiupewa
FaHs
taxes.
and
Western, 10 miles; St. Paul A St. Croix Falls, 5 miles; Penokee, 50 miles;
Packwaukee A Monteilo, 7 miles; Wisconsin Central RR., 314
ZanesTille A- Ohio River.— (See Jfan.i— Owns from Zanesville, O.,
miles
and the leased Unas, Milwaukee A Lake Winnebago, 65 mUes and to llarniar, on the Ohio River, oppo-lte Marietta, about 80 miles, inChicago Wisconsin ,v .Minnesota. 122 miles; total, 767 miles of which
cluding branches, 6 miles. Whole line put in operation in July, 1888.
3/0 miles, being the property ol tuoflrs,tsix roads, had been acquired At M alia road connects with the Shawnee A Muskingum River Rail'
and was operated by the company June 15, I838
way, constructed by parties interested in the Z. A O., and having a
e Wl Bt
n
1 Com P»gy »»» owns substantially
The mortgage
all the stock coal tiartie secured by contract for a term of 30 ye irs.
.^hibonds
«
I"'?."
and
of??the six
trst-naned roads, and about seven eighths of the Is for $2,000,000; the Mercantile Trust Co. of N. V. is trustee.
B
n lu Com
will come into operation in 1891, bonds being bought
sinking
funl
RB
A
Co
tllu
acquires
onmple'e
»
*
„u of all lhe leased
J'V,
control also
lines. It bought about $8,500 000 first iu the open market at par and accrued interest; in lieu of this funds
8 1:' tu ««e .hfiVrcnt companies with .t« own
bonds ami are to be invested. (V. 47, p. 50.)
•exchanged for Its own income bonds all the Income bonds
of the six
CANALS.
01" % 3 00 -0°u «• end series bonds of the
-\
Chesapeake Delaware.—Delaware City to Chesapeake City. Md.
an y lts own ership of about two-thirds of
/
lieavv
the
ww,V„^
'£
£f>
wu"X
.
July,
1886,
a
defalcation
In
by the Treasurer and an over-issue
h
11 Co
","1 RR flr9t '"""gage bonded debt gives it a corre- of bonds was discovered, amounting
to $609,200, and in 1-86 the comsnon ling interestt In the land grant and iron mines and sinking
funu of
U
V
the company consolidated into Itself the pany retired its old bonds and issued $2,602,950 of new 5 per cent
f'^^l^S,
iix Mr , .Vr
(See V. 43, p.
8 B Ut th ° Wi8con8ln Central RR. and its leased bonds maturing in 1916, thus covering the over-issue.
In the year ending May 31, 1887, gross receipts were $196,331
lln«^2
«H
£„I22L i by trustees, though in
line
Is still
operated
harmony with the 367.)
net
and
$142,125;
surplus
over
interest,
$11,973.
(V.
43,
p. 22, 49,
1
l
tal Ca PltallzatlOU l9 fts fl,llow
nort'Xe'bonos' *12
367; V. 45, p. 52; V. 46, p. 738.)
oo ,%«? atr 5- per cent; income bonds,
$12,000,000
$9,000,
non «t s, ™;
t
P
Chesapeake A Ohio.—This company was assisted with loans bythe
oncumulatlvc: Preferred stook, $3,000,000 at 6
Sex rLt ,™?,1", ;," comm ° u
«ofk $12,000,000. Trustees for mort. State of Maryland. It has long been unable to meet Its interest, except
,
forbtth ilrJ
,J
in
d lnc0,
e *" John A Stewart, Of N. Y.. and Edwin H. on the Repair bonds of 1878. In a suit against the company the Court
Aht «t af Mii»^ ir
?
U8to
(January, 1881) deolined to appoint a receiver, but ordered the comisae "P t0 Juue l5 18s8
as
low"*' S H o <«i? S~.
V"
rt
"""^ $5,743,000 income bonds. pany to report at stated times its receipts and payments. In addition
,i,„r"iT,
?^l1 ""!
'e'^ed
stock, 111,335 shares common slock. The to the above indebtedness, the company owed Jan 1833, $1,600,500
rebTalninJhonV
the shape of small issues of bunds, adit certificates, pay roll acf ° r r " rth ° r
""""-J- «•« ** in
.m^IrovLu'ieni'of" topSpemr""
counts, etc. Iu 1887, gross earnings were $129,207; expenses. $174,1
u c
wlso °P sln A Minnesota, from Sehlelsingorville
In 1886, gross earnings wore $91,138; expenses, $223,415.
.^.?_
... V,£
to Chica- 294.
A
;
;
:
;
A
Ac
.
A
RR
i
A
;
WU
<
'
l
'
i
™
i
1
^'T
r^^T"
«™
-
.
,
-
.
Stn^SSv^eJ^rl?
&
-
l
'
,
'i
.
1
" "^
H
'
-
W""^
,
2U»
.
.
i
-
'
™*
M
,
.!.
Coolt Co., 111., 122 miles, was leased
ifHsTnt eroT" ""'M!
l
c
u * Miune »"ta, now absorbed by
4'??>
-wuoouaia
wConiiu t^ntr»l
Ceuiril Co.
c
h .^,. » is't37-50
Rental
per cent of gross
(V. 46, p. 38.)
1
ie\>t
1
1
earnings, less
to Lehi;
Lehigh Coal A Navigation Co. at
on bonds and 4 percent a year on stook (payable, Q— F.)
Dl visIon.-Leascd
LeaM-d
Delaware Division.—
1
I
interest
SUTEXBIR, 1888]
RAILROAD STOCKS AND BONDS.
199
/
SUPPLEMENT.
INTESTOKS'
130
|Vou
XLVII.
MAP ON TBE
ZANESVILLE
OHIO RIVER
AND
RAILWAY
AND CONNECTIONS.
ludson
Everett
~"*°»ill.
Granger Q
X
\
o Sharon
AkrorN£-£
New »
°\y7\
^Nev? London
^Chicago
a*
<
.^Mogadon,
?\ Atwater
Jc.
°Vsumeld.
^Greenwich
^
C*°
^HartvUle
AUinnceV^js^H,
^_Warwick
Marshall villej
Beedsburg
<JX
vt^Ashli
'
,a*°°'oledo
Canton
Wobsteiv
J
iii-^Mansfield
KNavarre
Justus
Shreve^
^vqOueida
ffJTredericksb'g
Beach
D
Perj7 vllle ,l-di3^«ii^ Plinipto
CitjN
f Holmesviilc
Bellvlllel
vlhley
Xo
Carr,
'°»<oa
Junct\/Z
rKZoar
Sta.
Barr'sMills/
Butler 8
P^Iillershurgh
.ML GUeaa
o North Liberty
BkfckCr.j:
—
I
Canal Dover <S
qsherodsviUe
ijKillbuck
ChesterviUe
£
SFredericktownl
ABowerston
BuenaVista^
*U)an\*jUe
»/
dmick
ri^X^Ioward
\A.
*/
/
Stone Cr.ff
•
C*j
,
UhrichsvilttJg^^ennison
,s^^\
heio
-engro
\y /
**>*.
\M1. Vernon
Avondale^f
8
^e1*'
/
*>J
^Centreburgh
Comerstown
I
^Tippecanoe
TreeportfctAy
>
fe.'*0
Guernsey
Antrim
t^Johnstown
.Adamsville
<%
dNvestervme
N evva r
GranvilieV
*^^
tv
*i
Gilbert
Pleasant Valley^
cm.
t
0.Cr4g!™p„ rt
^
Ifew Concord
^Morrlstown
JO
\U-E
^^
^ n^°X3^^>--a£U.
r1 '
«*
~
^A lCam bridqe
„*
Sir
^OLUMBUS
U
Creiehtono
£
v9eIL"*..
Somertono
^umbefland
Fultonhau
iQladleyJc.
<J
^
iCedar Run
Carroll
i
AdivUle
«s*!&»*
$8
Somerset*
fvQlBig Bloom
^c*"
Y
,„V
IM
Caldwell'
igleport
ver *ood'»
jOJJ^Kt.
«xter City
31c Connellsyille
ft.o Centre
Bend,
harmarI
|0>
lucent
^H
Parkersburgh
^
Q
G
-.Volcano
a®
:
Sbitzxbkb, 1888
CANAL STOCKS AND BOXDS.
J
131
Subscriber* will confer a great favor by si vim Immediate notice of any error discovered In these Table*.
DESCRIPTION.
'
,
UAitfH Coal * VavipohVm— (C
Mort. !oan.g.($2,810.000 an
Oonsol. mort
I
by other oosje
103
103
103 "76-'85
Mewmortgage
(for $1,000,000)
c
Preferred stock, scrip dividend
im St ock
. atone.,
f ., Interest guarM by Penn. RR..0OtiU jr avipartoa 1st mortgage, extended...
i
816
316
a
ooup." "(pay "able
i(do
P.
by
P.
A R
various.
1.000
1,000
1,000
>.
W
1.000
500
500
1881
1872
4-s
,
1,000
2
5
;
7
7
"e"
6
6
6
6
138,000
13.500
85.250
47.7*0
1,000.000
95.330
1,000
1,000
1.000
7*
7
8311
184367
A B.)
1870
1863
1864
1839
1859
1884
I
:
1,000.000
103.164
4.501.2O0
2.775.000
50
buodii 1st
nrrf .. l.t T
.priority b'd*
bonds of 1873, 1th mort
prat,
Mi
1.000
1870
i.
_. do
Amount
1867 $900*0. $4,653,000
1871
1.000
2.466.000
1872
1,000
643.000
1884
2.035 000
1,000
100
1,025.000
100
1,175,000
Morris—Stock, eonaol.. 4p.e. gu. 999 yrs. by Lehigh V.
Preferred stock. 10 p. 0.(0.999 yrs. by Lehigh V.
Boat and car loan, (payble by
..r
Par
Bonds
Green w'U 2d on 1,25* acres coal land (ezt'd,*77).r
fmmmitum
8ize.
of
-.
fiondt— Prlnol-
INTEREST OR DfVIDEND8.
pal. When Due,
When Where Payable, and by Stoe*#-Lnrt
Outstanding Bate peri
Value.
Cent Payable
Whom.
Dividend.
Date
Ad
explanation of column headings
on first page of tables.
4030$
6
7
6
6
6
4.500
14.000
6
7
AD
* D.
* A.
Q.-F.
F. A A.
P. A A.
A. A O.
P. A A.
J.
J.
P.
J.
A" J.
li
J.
J.
A
A
M
J.
J.
M.A N.
1 .V
M .V X
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
Dec. 15,1897
Philadelphia, Office,
lune
do
do
do
do
do
do
Leh. Val. RR. Co.. Phila
do
do
do
Phila.,
do
do
do
233
So. 4th St.
Philadelphia, Office.
do
1, 1911
1, 1892
1924
Aug. 7, 1888
Aug. 7. 1888
April 1. 1906
Feb., 1889
Feb.
do
do
do
do
do
do
do
do
do
Phila. and Baltimore.
do
do
do
do
do
do
do
do
July, 1910
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
Jan., 1885
Jan. 1, 1918
Jan., 1894
Jan., 1894
Jan., 1908
1387.
MM,
MM.
MM.
29.711 shares have been converted Into Lehigh Coal A Navigation
toes, leaving only 2,956 shares unconverted.
'
•
•
I
Coal
on
649.905
hand
Dee.
31
892304
332,652
188.697
was
Delaware
Hudson
Canal
Co
The
A
Hndson.
Delaware A
advance* to leased one*.. 1302.789
861.729
830,737
404,864,
chartered April 7, IMS, and the canal from Boadeut. X. Y . to Hones
*dvaoce*on coal royalties
608.125
720.065
756.040
766.149
dale. Pa, 108 mil. •*. was completed In 1838. The company owaa the fol3372,061 2,740.040 2386396 '2,604.319
lowtn* railroads, via: lackawanna A Basque hannah—Xmeveh. H. Y.. to Miscellaneous asset*
telegraph
43.035
43.035
and
Car
Co.—
14.735
14.735
Rlt.-i
Pa..
Valley
arbondale
ScranUra.
to
Jilt inn Jonr.. Pa.. 22 miles;
hand 1.611.254 1.185,028 1.131.412 1,200.174
17 miles: Gravity BB trt aln. gauge)—Olyphaxt to Honeedale, 56 miles; SupnUes.toola,Ac.,on
bill* receivable..
4.419.007
Oaah
and
2323.813
3.961.939
5.265,912
dies:
GleovUle
Coo-.
X
Y
10
MeehanlcvtUe-Eaat
to
Schenectady A
V.hey rharoa A AI.-Coble.klIl to C. rrry Valley. *
Chorry
- Behener.
Total asset*
41,843304 41,650.642 42,461.213 44,017.310
A Dunnes.— Schenectady to Doane burg. 1 1 miles: total
UaMUHm
$
9
8
8
,140 miles; and It leases; Albany A »uar|uehaana- Al'vany to •took
23300.000 23300.000 24.500,000 24.500,000
187
from
Frl>
(les«r<l
fur
150
years
rbamt..ii. 1*2 miles
15378.000 15378.000 15.378.000 15,378,000
York A Csnada |lee,ed in perpetuity )- Whitehall. X. V In Rouse's Bond*
mleeellaneou* aeoounU...
778.072
812.002
694,398
661.134
Point. X. Y 1 I n.lles. and branches to Aasable, etc.. 87 miles; Rem.
Proet and loss
2.187,732 1.966.640 1,888.821 3.488.176
•sir ar A Saratoga and l-saed linns (lease I durlag term of • barer and
Champlain.
braaeoaa,
X. Y.. and
Its renewals) -a lbanv. X Y.. to Lake
Total llablUUe*
41343304 41.656,642 43,461318 44,017310
186 miles: UtleaClinioo A Blnghamloa and Rome * Cliutou Uaaod
tnd rencwalo, and aahfl to X. T. Out. A We»
dnm.r trrn, ••
•These
mlsoallaneon* assets Inolnd e the following: Sundry bonds
era till J.-ue. 192 li. 44 mil... Union BR. -U ern Btdxe to Wilk.-aharra.
6.5O0 shares Albany A Susquehanna RR.. $610,000; 16,00)
Pa (leaned during term of charter and renewals), 2o mils*; other lines, •17,415;
ear A Saratoga RR., $l,600.0iK>; sundry stock*. $306344
4 miles; and Jeff, r ou KK (trackage) —Jsfferao Jum-tlon to Carbuo- thares Ke n
-(V.
46.
p. 38. 132, 17«. 609)
sle, 35 mile.. Tot*' eui.tro.led. 730. but only 682 operated In
•
,.-...; .1.. ...
sys toen,
Lehigh Coal A Navigation. -Own. canal from Toslport to Bananthraritecoa).
ton. Penn 48 miles, an I leases Delaware Dlv. Canal, 60 miles. Also
nint of Pennaylranls owns LehUb A H.i-qu.-h..
The debeenree are secured by an eqnal
\. J. to Union June,
Pa. 105 mile., with brauebee. 50 mil.-., and leases for 999 years KtsqueMy off the bonds doeta boning
Val. RR.. 17 m.. and rreeoow KK.. 7 iu.: imt all these roads were
1884 and 1891. Thr remaining 85. .VM.ooo to treasury will be leaned
leased for 999 yearn from 1871 m (Vnirsl or X. J. KK.. nntal being 33>t
1891. to take up an eqnal amonnt of 7 percent bonds.
with a ininluiim rental a- $1,414,100.
Koent of groat earnlugs,
The annual report for 1--7 in V. i.;. p. 182 and 170. had the following:
Central Railroad or .New Jersey assuimil (In purchsse or
The earnings of the company and llastrong Snancial po-ltion have led to $2310,000 or the gold loan due 1807 and lease* the Lehighequipment)
A Susquemany request* ou thepa't of stockholders for enlarged dividend*. Your hanna Railroad. The I^ehlgh A WUkeoharre Coal Company assume*
managers to meet such wishes, but In a way not to endanger the pla
$500,000 of the gold loan due 1897 and 8771.000 (all) of the convertible
tner
come due, gold loan due 1894. The modification* of leave under the new arrangeadopted by the stockholders for retiring the bond* as
have therefore dee maed to make the cash dividend for the year 1888 ment with Central of Xew Jersey are n-fcrr.-d to In V. 45, p. 113. The
• of Manager*- reoort lor 1687 In V.
at the rate of six («) per cent per annum, payable in quarterly d' vldend*
46, p. 253, bad the following
of one and one half 1>*I percent facta. Beyond this, they propose to
it of reosipta and disbursements
Hlate. from time to time, from the surplus or dividend fund,
1885.
IBM,
1887.
t* not to exceed la the aggregate twenty Ave IS) per cent of the
Prom railroad* and Xesque. Tunnel. $1,459,035 $1,461,381 $1,533,184
, million* 8va hundred thonoaol ($3 500.0uO> dollars of bond* to be
Lehigh Canal, InoL water powers.....
65,971
• 50,220
83,562
retire.1 d.ir agaaa
«r 1-4 •!. a ..| t-. rradtt meh »i.|.n.|.n .t on* >• eaah
Delaware Dl vision Canal
11,038 def. 1. 1>95
16,688
paw meat* on the stoofc to bo Monad therefore to stockholder* or record
Set profit on lynlgh Coal
396,108
131,101
148,482
at the time when notice is given of their right to aubaortbe." This
Royalty
by
on
coal
mined
leasee*,
proposi tion wea submitted to stockholders at the annual meeting In
revenue from rents, Ac, Ao
52,524
80,797
71302
slay, and approved by those.
Dividend* have been paid a* follow* from 1881. when they were
Total receipt*
$1,981,676 $1,728,507 $1,803,186
In 1881. 7. In 18-5, 6:
laaamed: In 1-181. 4>*. lit 1-of -took prices since 1882 bus been: In
la 1846 and 188 r, 5.
Ueneral and legal expense*
$59,454
$58,948
$63318
18*3. KraiesMWi*: In 1984. H7»l 1 1 la 1 "85, 64>**HO<>i*: i. :--••
and taxes aosqnehonlng Val.RR
73.081
75.526
76.680
S'aaioai*; 10 t ^a 7 |W».ol06»*; In 1)88 to Sept. 21 Inclusive, 103* Rent
Rent and taxes Delaware Dlv. Canal
61.965
39.581
39309
0.
raxes
811.039
89,739
85374
Comparative statistics for four years:
Interest account
844.488
844,692
967390
.
.
.
.
.
1
..
—
>
I
......
I
I
,
.
.
m
1
(
y
K»c
;
,
I
of coal
SJw-otTbTveatuSenu"
toll*
1--1.
MM.
MM
18e7.
9
$
$
$
8,213.157
47.240
7,201.049 7,399.095 10,100,118
51,511
58,410
66,505
284464} ™-V7M
*»>W
•«*•»•
Coal oo hand (Dec. 31)....
892304
649.908
832,653
183.697
6H4.941
Ballroad earnings In Penn.
830342
841.688 1.147,134
Total
IU.755.136 9.3*3.162 9,265.687 11.892.407
Dtutwrm m t nu—
ioohaadJan.l
coal
>Udewler via Erie
sTtntton espenaes,
lee**,
Interest
na i
Ac
$
$
$
649,906
332.652
4349/180 3375,287 4,239307
5.019.U7
745.436
567300
$
892304
592303
873317
1,
.19,111
Total disbursements
$1,119,017 $1,108,486
Balance of earning.
$865,649 $620,021
Less sink, fd or 10 p. c p. ton on coal
$93,558
$89,419
Leasdeprec'uouooal.lmpr'v-m'U.Ao.
Total
Surplus lor year
Balauoe to credit of dlv'd
fd.
86.809
$180,127
$881,222
679.936
Jan. 1..
Total
Dividend*.
Bate of dividend
(
V. 43. p. 634; V.44, p.
681315
9
$74;
$671,678
$61397
98.009
$89,419
$530,602
883.843
$1366,158 $1,21
1,
145 $1,116,107
570,408
4"*
$159,606
$512,070
644,037
509,362
4
$688343
Balance to credit of dlv'd fund Dec.3l
-
$1.131310
V. 45. p.
$644,037 $646,748
113; V. 46. p. 253.)
826.987
767.151
88\810
Morrla.— Leased April, 1871, to Lehigh Valley Ballroad for 999
1,082,768 1.069.067
973.571 years.
The lessee* aemune bonds and scrip, and pay 10 per cent pes*
Termlnlexpense Amlarel.
341,0^6
300.453
891,230
402,656 annum on pref. (took and 4 per oent on oonsol. stock.
Taxea
244.420
2J2.323
171.577
183.699
Pennsylvania..— Worked In Interest of Pennsylvania RR. which
Loason leased railroad*...
174.490
313330
2I.6V5
37.622
Balance
1.488394 1.186,196 1.176.485 2.910305 guarantees Interest on bonds and owns $3,117,150 stork. Earning* In
I88.i. T
Interest, $170,610
loss, $91,103.
t. $79,537;
In
Total
10.756.136 U3U3.182 9.a06,687 ll^9i,4.>7 1887. gross, $300,072; net, $75,322; Interest, $168,571; def..
$93,249.
oaaxaAL ujllajku at otioaa or «ach rucsL rnan.
Schuylkill Navigation. -Leased from June 1. 1870. to Philadel1884.
1885.
lH-«i.
phia h Keadi ng for 999 year*. All the bond* save those In t he tsble worn
1887.
exchanged under the Phil. A R admit reorganization plan, for bond*
Oaaal
6339.210 6339.210 6339.210 6.339.210 of the P. A B. The report for 1880 V. 44, p. 210) gave a statement of
Ballroad and equipment.. 6368.684 7.134,018 7.257.329 7,276.629 the compears relations to the P.IK, company and a history of It*
prosperity In former year*. The Ions to ttae K suing in 1886837 waa
Beel estate
..
9.321.365 9,628325 9.725.394 10.
*flneunproVU.flxt-e.A*. 2.792.417 3.795376 2,792.111 2316344 $289,493: In 1885-88 was $477,614; loss In 1881-.5, $444,292. (V.
Coal yard, barges. Ac
790,779
934.856 1,007321
893,723 41. p. 752, 782, 809; V. 41, p. 143, 673; V. 46, p. 210.)
Leek. A Bnaqoeaanaa RR. 1,022.938 1.022.938 1.022.938 1.022.938
Nusquebanna.— Leased and operated by Philadelphia A Reading
Mew York A Canada RK.. 3397.074 3397.074 8,597,074 3,878,724 Railroad for interest on bonds and half of net earnings. All the bond*
Cherry Val. A Sharon BB.
300,000
300,009
800,000
300.0W) are those la the table, were exchanged, under the Reading plan, for
Meehan. A Pt, Kdward RR
51.928
59.131
89372
59372
bond*. Los* to Beading In 188687, $135,169; la 1680-8$,
Behan. A Meetaaa. KR
211327
211.765
212393
212,993 $239,784 toss 1* 1884-6, $230357.
l
,
1355,805
1,198388
;
.
i
PAR.
i
.
MISCELLANEOUS STOCKS AND BONDS,
139
[Vol. XLViI.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Table*.
Bonds -PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
pal. When Dne.
Date Size, or
Amount
Where
Payable,
on
Par
Rate
per
When
of
and by Stocks— Last
explanation of column headings, Ac, see notes
whom.
Bonds Value. Outstanding Cent. Payable
Dividend.
first page of tables.
$100 $12,000,000
100
9,802,100
American Bell Telephone— Stock
1890cAr
(»>
1888 500, Ac.
Debentures ($2,000,000) red. at 110 aft. aug.l,
100 14,000,000
Amer. Tel. <t Cable—Stock, guar. S by West. Union
1.500,000
25
American Coal (Maryland)— Stock...
100 42,185.228
American Cotton Oil IVtwf- Certificates
100
18,000,000
American Express— Stock
100
3,000,000
Cameron Iron tt Coal Co
iti'i
719,875
Canton Company—Stock (44,300 shares)
100
4,006.600
Ocntrn! <t South American Telegraph— Stook
100 10,000,000
Iron—Stook
Colorado Coal
1.000
3,499,000
1st consul, inort.. gold, aoenm., sink. fd. not drawn.. o" 1880
100
4,700,000
Columbus it Mocking Coal a Iron Co. -Stook
o* 1887
1,000
1,000,000
lstM..g.,8. f'd(on 13,351 a< res I'd, mines A b'd'gs)
6,000,000
Commercial Cable— Stock
Too 10,250,000
Consolidation Coal of Maryland Stock
1872
1,000
1,100,000
1st mortgage, consolidated, convertible
100 35,430.060
Consolidated <3as (N. Y.)- Stook
658.000
Bonds, Metropolitan Gaslight Co
631.000
Bonds, Knickerbocker Gaslight Co
r 1888
1,000
650,000
Debentures for $3,000,000
1881
1,000
4,550,000
Detroit Mack, it Marquette Land Oo.-Bonds (income)
3,(i00,n00
100
Equitable Cat Light Co. of New York— Stook
1,000
1,000,000
Bonds
100
5,000,000
Gold is Stock 2W.-Stock, rental guar. 6% 99 yrs.W.Un.TeL
c
500
500,000
Bonds, not mortgage
1,500.000
Hudson Tunnel Ky— 1st m. g.,lnt.guar. till aft. July,'93.c* 1889 OO.Ac.
Intemat'l Ocean Telegraph—Stock, 6 % 99 yrs. W. Union
3,000,000
Iron Steamboat Company Stock
2,000,000
1881
500
Bonds
500,000
Adams Express— Stook
2
Q.
TH.
N.
Y, Company's Offloe.
Q.— J. Boston, Compy's
3
A A.
Q.— M.
3* it.
& 8.
1
3
J. A J.
7
do
1\
1888
1888
1898
Sept.
1888
Sept. 10. 1888
Aug. 1. 1887
OS B'y July 2,1888
Office.
do
N. Y., West. Union Tel.
N. Y., 1 Broadway.
N. Y., 45 Broadway.
P.
N.Y., Co. 's Office,
New York
Q.-J.
Office.
Sept. 1,
Oot. 15,
Aug.
1,
1,
Oot.
1,
1888
.t-
—
—
.-.
,
—
.
6g.
F.'a'a. N. Y., Of.,"lo Broad
6g.
J.
a"j. N. Y., Central Trust Co.
lis
J.
J.
2
6
F.
J.
1*3
2>s
6
do
do
do
do
Jan.'i,'
1917
A*'j. N. Y., First Nat.
Adams Express.— No reports.
June
1,
May
1,
1898
1908
Oot. 1, 1911
N.Y. Office, 340 3d Av. Oct. 15, 1888
N. Y., Central Trust Co. Aug. 1, 1899
Oct,., 1888
N. Y., West. Union Tel.
do
do
N.Y..F.L.A Tr.Co.ALon
Q.-J. N. Y., West. Union Tel.
J.
Feb" V," 1900
N.Y.,Co.'s Office, 71 B'y Jan. 31, 1888
do
J.
do
Jan. 1, 1897
D. N.Y., Offlce,4 Irving PI. June 15, 1888
A.
do
do
Aug. 1, 1901
A
A
A
6
AD
5
M. & N
7
A & O,
2
6
F. A A
IH
Q.-J.
M. & N.
6
5 g. J. & J.
6
St.
Bank,
May
Jan.
1,
1,
1895
1939
Oct, 1888
Nov. 1, 1887
Julyl, 1901
premises goes to a sinking fund bonds tendered may be purchased at
report for the year ending not above 105. The company owns large eo.il and iron properties, with
Dec. 31, 1887. in Chronicle, V. 46. p. 412. to 1886 paid 16 percent extensive works thereon, in Ohio, and a full description of these was
dividends, including an extra dividend or 4 per cent. The debentures published iu ihe Chronicle of Fell. 26, 1887, V. 44, p. 278. The total
were lsbued in 1888 to provide funds fur the construction of the lone- property and assets on Jan. 1, '88, as per balance sheet, were $5,973,-43.
distance telephone system. In 1887, gross earnings were $3,453,028; In fiscal year ending March 31, 1898, gross earnings were $1,346, 333;
net, $2,2 0,592; dividends paid (16 per cent), $1,568,336.
In 1888 net, $179,912; surplu" over interest and improvements, $110,196.
Annual report was In V. 46, p. 737. Mr. J. O. Moss, President, 45
paid dividends of 18 per cent. (V. 44, p. 433; V.46,p.412.)
American Coal.—There are mortgage bonds for $200,000. The Broadway, New York. (V. 46, p. 172, 573, 737.)
Commercial Cable Co.—This is popularly known as the Maokay
annual report for 1«87 in V. 46, p. 253, gave the following information:
Djcouje, 1887, $652,V37; total expenses and interest to March, 1888, Bennett Cable Co. in September, 1887, tha stock was raised from
$4,000,000 to $6,000,000.
$56: ,414; balance, $84,423.-(V. 44, p. 274; V. 46, p. 253.)
York.—This company was organized
Consolidated Gas or
American Cotton Oil Trust.—This is a "Trust" formed to control a large proportion of the cotton seed oil mills of the United States. Nov. 11, 1S81, under chapter 367, laws of New York, 1884. The comThe Board of .Management consists of nine trustees, of wh»m throe are panies merited in it were the New York Gaslight, the Municipal Gaselected each year. The title deeds of the several properties owned are light. tho Metropolitan Gaslight, the Manhattan Gaslight, t he Knickerdeposited with the trustees, who issue their trust certificates of $100 bocker Gaslight and the Harlem Gaslight. The total stock was $39,each, and these are dealt in at the Exchanges. For the year ending 078,000, of whioli $3,617,940 was reserved for working capital and
May 31, 1888, the net earnings were $2,020,445 over nd above $350,- lor indebtedness of old companies. (V. 46, p. 418,537.)
931 spent for betterments, repahs, Ac. No balance shoet is published.
Consolidation Coal.— Auuual report for 1887 was in V. 46, p. 253.
Dividends of 1 per cent quarterly for the yenr 188 7-88 were
The gross receipts from mines, railroads, rents, 1886.
1887.
declared, but in Oct., 1887, the company announced that dividends
Ac (incl'g value of st'ck of ooal on hand), were.$2,039,427 $2,373,083
would be suspended. N. Y. Office, 45 Broadway, N. Y.— (V. 45, p. 25, Tot.
expen's of ever}' kind (excl. of Int. A sink, fd.,
538, 564, 696; V. 46, p. 829; V. 47, p. 139.)
but incl. steel rails A all extraordiii'ry outlays). 1,783,442
1.949,253
American Telegraph
Cable Co.— Owns two cables between
Net receipts.
$255,985
$4.13,829
Senuou Cove, England, and Dover Bay, Nova Scotia. The stock of
The int. and sink, f J. in 1 887 took $ 162, 138; balance, surplus, $261,690.
$20,000,000 was 70 per cent paid up, and in April, 1882, a pooling arThis com pany guarantees also 2d inortg. bonds of the Cumberland A
rangement was made with the other oable companies for 38 years, by
which this company receives 22>a per cent of continued revenues while Pennsylvania RU.. which it owns, and assumes $135,000 of the Union
both its cables are working and 12*9 per cent if only one is working, Mining Co.'s bonds. Total bonded debt on lands and railroads is $2, which percentages hold good for one year after any breaking of the 326.500. (V. 44, p. 210; V, 46, p. 253.1
cables; If not repaired within that time the percentages are reduced
Detroit .Ha e li i n:ie Marquette Laud Grant Bonds. Owns
according to the time that the cables remain broken. Then this com- about 1,300,00(1 acres of land in Northern Michigan, along the line of
pany 'scabies were leased to Western Union for 50 years, with a guar- the D. M. A M. RR., which road was soldin fo: eolosure Oct. 20, 1886. The
•»nty of 5 per cent per annum on the stock issued- $14,000,000.
land grant bonds retained their lien upon the lands covered by their
Cameron Iron Coal Co.—This company was organized in 1S86. mortgage, 'the bondholders received a bonus of 35 per cent lu comThe lands and propel ty are near Emporium, Pa., and formerly belonged mon stock of the Duluth South Shore A Atlantic RR. Co. in March,
1888. Lauds are free from taxation till 1895. Jas. McMillan, Detroit,
to the Cameron Coal Co. Nicholas C. Miller, President, N. Y.
Canton (Improvement) Company (Bait.)—The capital stock, President.— (V. 46, p. 320, 573.)
by changes made subsequent to the original issue, became praoEquitable (iai Light Co.— Incorporated March 9, l-i82. Owns
tlcally only $16 25 par per share, and was reduced by purchase three bio, ka between 39th and 42d St-., First Ave. and East River; also
and cancellation to 44,300 shares. The Union RR. sinking fund of 32 lots between 58th and 59th Sts and 10th and 11th Aves Total assets,
$918,'; 03 remains the property of Canton Co., and is held by the trus- Jan. 1, 1888, $5,536,714; mains about 95 miles: gas works valued at
tees till bonds have t een paid off at maturity. Report for 1887 in V 47
$2,076,447; real estate at $1,159,265. There were also Sept. 12, 1888,
p. 20. (V. 47, | . 20.)
$750,000 6 per cent certificates of indebtedness, redeemable 1891. due
1887, to issue $1,000,000 new stock,
Central
South Am. Telegraph.— Line from Vera Cruz, Mexico. 1896. It was voted in December,above.
to ( horrulos, Peru, with branches, 3,loO miles of cable and 335 miles of but this amount Is not included
land lines. Completed November, 188-'. Connects at Lima with West
Hudson Tunnel Hallway.—This couipsfiy isfneaged in tunCoast Tel. Co. of America, having 1.700 miles of cable to Valparaiso, neling the Hudson River by two parallel tunnels, 5,000 feet long, 18
Vera
and at
C ruz wit li Mexican TelCKraph Co. Stock is $5,000,000; no high and 16 broad, from Fifteentn Street in Jersey City to Morton
bonds. Concerning proposed new cable from Salveston to Coatzacoales Stret t In New York. The bonds were issued in London In August. 1888,
u
r M* *-,'1 *"- Co. In lt-87 gross earnings were $451,603;
2*.e,. Soi'
net, total authorized being $'.0,000,000. Interest is guaranteed till alter
$315,638 ; surplus over dividends (6 percent), $75,242. James A July. 188<, by deposit of an adequate sum. Trustee of mortgage,
Scrymser, Pres't, N. Y. (V. 44, p. 274; V. 46, p. 804.)
Farmers' Loan A Trust Co. of New York and Lord Balfour and others
Colorado Coal A Iron.-This company, with headquarters at Col- of Englaud. (V. 47, p. 226, 327.)
orado Springs, Col., was a consolidation Dec. 13, 1879, of the Central
International Ocean Telegraph Co.— The Western Union Co.
Colorado Im. Co., the Col. Coal A Steel Works and the eoulnem Colorado operates the line uy contract for 99 years from Jan. 1, 1882, paying 6
Coal A Town Co. Stock Is non-assessable. In Nov., Is87, a decision in per oent per year on stook.
regard lo certain land titles was mane in favor of this Co.
Gold A Stock Telegraph Co.— Operated by West. U. T. Co. bj conAn abstract of the report of 1887 was in V. 46, p. 386.
tract for 99 years from J an. 1, '82, at 6 p. o. per annum on stock and bonds.
EARNINGS AND EXPENSES.
Iron Steamboat Co.— Property consists of seven iron steamboats.
-_188f. .
1887.
Stock, $2,000,00(1. In year en ing Sept 30, 1887, gross receipts were
Gross.
Net.
Gross
Net
net, $3 ',017; dJV.dende, 2*s ptr oent. (V. 45, p. 642.)
$365,808;
<>oal A coke department. $1,197,270
$285,400 $1,391,057 $323,531
Iron and steel dep't
Lehigh Wllkesbarre t'oal.— This company is controlled by the
690,086
35,749 1,392.149
209 410
Iroii mines dep't
RR.
of New Jersey through ownership of a majority of the stock,
Central
loss 976
loss 2.10
Real estate dep't. .
24,953
8,308
29,143
9,350 also $6,110,000 of the consol. mortgage bonds and $2,353,000 of the
Miscellaneous earn'gs....
The L. A W. Coal Co. also assumes anil oouuts as part of
bonds.
income
5,140
5,140
e|527
6#26 its funded debt $085,500
bonds due 1891, and $500,000 bonds due 1897,
Tot"1
Coal
the
Lehigh
A Nav. Co. A sinking fund for their redemption at
of
$1,917,449 $333!eTl $2,818,876 $543,581
maturity is provided for the onus due 1912 from sales of surfaoe lauds
income account.
1886.
1887.
and from payment of 10 cents for each ton of coal mined on property
Het earnings
included in tho first lien. From Jan. I to Aug. 31, 1888 (8 months),
Add income fromi'nveBtanente,' 'ii'.""'.":" V."
^i'ffj frcss earnings were $t,5J7.151, against $5,4i4,757 in 18^7; net,
1,987,038, against $712,692; surplus over interest (including incomes),
$612,000, against $1.5,800. The annual report for 1887 was in V. 46, p.
;;•
^smtereVt'on"i^nd8v:.v::;.v.'.".":;::.::
U$%iik
227, and showed total receipts, $9,370,271; net over operating expenses,
Leaspremiani on bond»
......
7go $1 , 550,586.— (V. 46, p. 227, 537; V. 47, p. 21, 108, 227,353.)
$20»,»40 $210,7*0
Mariposa Land
Mining,—There are outstanding only 15,000
Surplus
$132,321 $342,294 shares, the balance being owned by company. Litigation has been in
Increase over previous year
many
years
nothing done on the estate.
progress
and
8106 577 «2nfl Q7t
,m Ud
S -.::
^Go'.eo? •gftSIs
Maryland Coal Co.— In 1887 the mines of this Company produoed
Dabt.caT.M , ;' '1 '" °P«'-«Penee
t,,e ta "» ln «s are wholly from rentals of
316,518 tons of ooal, an increase of 27,776 over 1886.
ho. m.
a, is i e SSffifiSS*D
V *4 ' P° TeCeiplB bom lwld eale8
maxwell Land tyrant Co.— < See Map).— Owns 1.700,000 acres in
400; V. 46,'p. 88e<
Colorado and New Mexioo containing coal, timber and laud fit for
C
bJ
,
, nCo -- 0r«anize aa«Col tmbu 8 , grazing and agricultural purposes.
l
The estate Is traversed by the
Ja\"^6 ! 8^3
?f J; Tr Co of N Y
,s trustee of the mortgage.
Atchison Topeka A Santa Fe Railroad from north to south, and the
.After Ma
Mav} 1,1888,
1
l kbs
"'fon every ton of coal
.After
two cents
from the mortgaged. Denver A Fort Worth Railroad. The prior lien bonds are authorized
;
American Bell Telephone Co.— Bee
New
A
—
A
&
'
&
-
,
,
,
A
i
^ojk,
S^iS
&
'
HT^r
.™
^#
-
'
^
'
1
'
-
September,
1688.1
UAILKOAD STOCKS AND BONDS.
1»3
;
.
INVESTORS' SUPPLEMENT.
131
[Vol. XLVII.
Subscriber* will confer a great furor by giving Immediate notice of any error discovered In theae Tables.
DESCRIPTION.
for explanation of column heading*, Ac, see notes on
page of
tables.
Size, or
of
Par
8...
Lehigh A Wilkesbarre CooJ—Stook
Sterling loan, sinking fund,
Date
drawn
1874
o
at 100
£200
$....
vyv:°
Mortgage loans
-.--.-•-i
Consul, mort. ($6,116,000 of this held by Cent, of N. J.)c
1875
1,000
1888
1,000
1875
Mortgage bonds
Maryland Coal— Stock
...........
Bond, drawn nt 100
ilaxvelll.it. 0r.-Pr rllenbd8,g.,red.at 100(orll0atmat.)c 1888
l.ooo
Sundry mortgages
•
°
sinking fund (not drawn)
c
•
New mort., cumulstlve
••
100
100
Mariposa Land & Mining -Stock
Preferred stock
100
1.000
—
—
—
—
Too
ibo
25
"ibo
100
1,000
100
50
50
1,000
too
1.000
A
Mexican Telegraph.—Company organized in 1878 under laws ol
York State. Has a oable from Galveston to Tamploo and Vera
Cruz, 733 miles; land line. Vera Cruz to Mexico City, 267 miles
Has exclusive right for 50 years for all foreign telegrams to Mexico,
except telegrams to and from a neutral zone on the United States
Company
border 156 miles wide, between the Gulf and Pacific Ocean
owns 1,362 shares of the Central ASouth American Telegraph Co. It iAmerican
Telegjaph
Co. in
Eroposed to j,,in with the Central A Si uth
lying a dliect cable from Galveston to C><atzacoales, iu Mexico, the
ami
stock will be issued to
cost to this company being about $500,000.
represent earnings used in meeting this expense. Revenues in 18i7.
$268,167; expenses, $60,679 ; dividends. 10 p. c, $143,440; surplus,
$64,047. J. A. Serymser, Prest.. New York. (V.46, p. >-04.)
ITIinnesota Iron Co.— Company owns 14,270 acres of land and six
Iron mines in St. Louis and Lake counties, Minnesota. Owns also $500,'
000 Btock, $4< 0,000 lft mort. bonds and $3,500,000 6 per cent income
certificates of Dululh A Iron Range RR. Co. Mined and shipped 391,000 tons of iron in 1887. Btock listed April 23, 1888. H. H. Poiter,
President. Office, Mills Building, New York.
New Central Coal (ITId.)— The annual report for 1887. in V. 46, p.
174, showed net profits for year of $33, 668 ; and balance to oredit of
profit and loss Dec. 31, 1887, of $241,3*3, against $2 2.681 D,c. 31.
1886; dividend 1 per cent ($50,000). paid March, 1887. (V. 46. p. 170 )
New
New
York mutual Telegraph.—The Mutual Union Telegraph
was organized under New York State laws. Stock wa $600,000 nd
afterward increased to $10,000,000. In Feb., 1883, a lease to Western
Union for 99 years was agreed to at l>a per cent yearly dividends on
the steck and interest on the bonds. The organization was changed to
the New York Mutual Telegraph Company and the stook was reduced to
S2, 500,000. carrying dividends of 6 per cent per annum, A sinking
fund of $50,000 yearly purchases bonus, if possible, at 110; otherwise
Is Invested. In July, '88. the Western Un:on offered its collateral trust
bonds in exchange at par for the above stock and bonds.— (V. 47, p. 81.)
N. Y. A Perry Coal
Iron Co.— This company was a rcomaui
sation of the N. Y. A Stiaitsville Coal A In n Co.,for<el,8ed. The assets,
as per balance sheet on June 20, 1887, weie $3,476.46«, and stock was
Increased to *M.0(K> 000. A full exhibit was published in the ChronICLK, V. 45, p. 84. Dividends of 4>« peroent paid In 1x87 (V. 44, p. 744;
V. 45, p. 55, 84.) Omce, 52 Broadway, N. Y. oity
R. Griggs, Presi.
New York A Texas Land—This company took the lauds granted
to the Iniemat'l and Hous. A Great Nortlrn railroads, about 5.000,000
acres, which were given in settlement to the holdeis of convertible and
2d mort. bonds. June 30.'67, had 2.303,971 acres unsold. (V. 44, p. 527.)
Northwestern Telegraph.— This company owns 8,000 miles of
wire and is leased to Western Union for 99 years, with guaranteed dlvlaends of 4 per cent at first, rising one-eighth per cent a year to 6 In
1897 and afterward. The bond interest is guaranteed.
Oregon Improvement Co.—This company owns $3,000.000 stock
of the Seattle Coal A Transp. Co.; $575,000 stock of the Columbia A
Pnget Bound RR.; $1,9 0,000 stock of the 'Pacific Coast S. 8. Co.,
and $1,170,000 at ock and $1,149,000 1st mort. bds. or Pao. Coast Ry. Co.
There was $i ,000.000 of pref. clock so d to a syndicate In 8ept., 1888.
For year ending Nov. 3ft, 'b6, gross eanilm v, $2.94o,107 net. $7*5,434.
In '80' 7. gross, $4,060,971; net. $1,334,195. From Deo. 1 '87, to July
5i,'»8 (7 mos.l. gross earnings were $3,202,825, aifainst $2.445,i65 In
1886-7; net, $693,318, agst $591,389. Bee annual report In Chkont
46
41 ''- < V <S -P- S3. 84, 211, 369,509; V. 46, p. 76, 418,
lSy
'„Tk :>
803, 819; V. 47. p. 227, 344.)
Pacific Mall Mcamaliip.— The Pacific Railroads give to the steamship company a guaranty of $65,000 minimum net earnings per month
4m competitive business.
ri0
to k Te » rlT since 1880 have been: In 1830, 27Va>62 in
•«? ?S.
J.?
J9»62i«;
1881,
In 1832. 3**4*48%; in 1883. 28*44%; in 18-4, 31®
18 8
46 :? a 0: "> 1888. 45V»67; In 1887, 32>4®58%; In
iZ&\to Sept.
Q
. £.
7
1888
21 Inclusive,
28*s»38st.
Fiscal year ends April 30 report for 1887-8 was in V.
46, p. 706.
>
A
C
;
,
'
;
.
,»-.,—
;
asmraa.
Ati.nM „Ti..„
ftSM^rl".
£?£?p.£i*?'t; ne
Tn.^n™it£
Ans.rnllan Line
_.
Brt.sld.esand other sources ....".'.'.
T*,tl!
1885-86
$957,810
1886-87.
1.603,536
1,534.272
1.368,882
1.282,317
$766,030
166 414
217,90 6
»4,47« t»39
'216,002
$3,633,371
1887-88.
18-7,011
1,778,275
1,334 384
158",88"7
$5;078;547
N.
Bojidt— Print 1pal.When Due.
Stocks— Last
Dividend.
by
New York A London.
N. Y., 119 Liocrty
May
1,
1899
St.
June
do
do
do
do
do
do
M.AN.
1,
1900
Nov'."l,"l912
New York.
Jan.
Jan.
N. Y., 35 Broadway.
N.Y. Lond.A Ainst'dani.
N.Y. Mercantile Tr. Co.
Nov.
1886
1876
1906
J»n.
1013
M. &N.
May I, 1918
Q.-J N.Y.Offlce.l Broadway, Oct. 1, 1888
J. "A" J.
l>a
M.AN.
6g. J. A J.
7
5 g.
2>s
1,
1,
1,
1,
„..
New York
Apr. 10. 1888
Office.
& J. N. Y., West. Un. Tel. Co. July, 1888
& N. New York, 1st Nat. Bk. May 1. 1911
Q-F. N. Y., 52 Broadway. Feb. 10, 1888
ill
3
(1)
6g. M.
l,006,i
A
Q.—m.
3,000.000
1,500,000
50
<
;
2,000,000
1,434,400
14,000,000
5,000.000
100
"so
M.
2,500,0!
1,000
tor $3,000,000, payable at 110 at maturity, or redeemable at par from
proceeds of land sales. The inc. mort. bunds are deposited as collateral
•ecurltv for the 1st mort. bonds. The management, of the property, until the date when all prior lien bonds will be paid ff, is placed 1' tha
hands of a b ard of trustees. President Board of Trustees. F. V. Martinsen, 46 Broadway, New York. The advertisement in Chronicle of
March 3, 1888, gave much Information concerning the com any.
Telegraph Co,— This company
metropolitan 1 elephone
has exclusive telephone rights under the Bell patents for the city and
county ol N -w York, its stook being controlled by the Am. Bell Tele
phone Co. The mortgage covers real estate and buildiug iu processor
construction, which together will be worih $1,01)0,000, and also all
the franchises, w ires, instruments, etc., of the company. Aft-r 1839
there will be a s using fund of one per cent to purchase bonds, ir possible at 110, otherwise to be iuvested in other securities. Trustee of
mortgage is Mercantile Trust Co.
Co.
$8,700,000
1,575,000
259,099
11.500,000
331.711
2,i 00.000
10,000,000
5,000,000
250.000
4,400,000
116.000
500
,
Metropolitan Tel. <t Teleg. Co. -1st M.,g.,s.f. (notdr"n) ..cAr 1888
Mexican Telegraph Stock
Minnesota Iron. Co.— 8tock
...........
Ketc Central Coa I—Stock
M. T. Mutual Tel.—Stock, guar. 6 p.0..99yrs..tiy West.Un.'
1881
1st mort., gold, guar, by W. Un., $50,000 cum. sink.fd
Mew York <t Perry Coal <t Iron Co.— Stock
Mere York <t Texas Land t Limited)—Stock
Land scrip receivable 75 per cent for lands
Korthvestern Tel.—Stock, 4 rising to 6p.o. r guar. West Un.
Bonds. Interest guaranteed
Oregon Improvement Co. Stock
Preferred stock. 7per cent, nou cumulative
1st M.. g.. sink. fd.. $378,000 held In s. f., but draw Int. .. c 1880
FacifU Mail 8Uamship Stock
Pennsylvania Coal Stock
Philadelphia Company (Natural Gas) Stock
PosUil Telegraph Cable Co.—Stock
0" 1886
Poughktepsie. Bridge.-1st mort., gold, for $5,000,000. ..
Pullman Palace Oar— Stock
1872
Bonds. 4th series
—
INTEREST OR DIVIDENDS.
When Where Payable, and
Payable
Whom.
Amount
Rate pe
Bonds Value. Outstanding
Cent.
first
J.
N.Y.,J.S.Wttmore2 Wall Aug.
6
8,
1888
>
2,500,000
1,180,000
7.000,000
2,000,000
".000,000
20,000,000
5.000,000
7,500,000
5,000,000
5,000,000
19,9< '9.000
l
g
-
g.
1
4
1
I"'
820.000
AJ.
A J.
N. Y. West. Un. Tel. Co.
F.
AA.
N. Y. City, Merc. Tr. Co. Aug. 1, 1936
L.
T. Co. Aug. 15, 1888
do
Aug. 15, 1892
1, 1888
do
do
Jan. 1, 1904
Sept. 15, 1883
N.Y., Mills Building. Sept. 1, 1888
J. A D. N.Y., Company's Office Dec. 1, 1910
Sept. 15, 1887
q!— F.
N. Y., 1 Broadway.
Aug. 1, 1888
M'thly Pittsburg, 935 Penn Av Sept. 25, 1888
3>a
6
J.
J.
Q.-F. N. Y., Farm
AO
do
A.
8
&
'
EXPENSES.
1835-86
$608,065
Atlantio Line
Panama Line
....
1886-87.
$690,166
1887-88
$602,170
1,357,949
682,321
1,421,^07
435,838
171,064
406.751
493,702
1,080,241
714,100
149.490
457,367
170,191
Trans-Pacific Line.
Yustrallan Line ...
Agencies.
Miscellaneous expenses
July
714,189
Total
$3,179,454 $3,337,838 $3,638,119
$1,300,485
$295,533
$440,428
No balance sheetto April 30, '83, was given in the annual report. Geo.
J. Gould, President.
V. 45. p. 240, 272, 473, 727; V. 46, p. T06.)
Philadelphia Company.— The company was incorporated by
special act in Pennsylvania. March 20, 1871, as the Empire Oontraot
Company, and toon the present name June 11, 1884. In 1887 the
Charters Company was leased lor 99 years at a rental of 30 per cent of
Philadelphia company's net earnings monthly. The Philadelphia company controls a large share of the natural gas production about Pittsburg and vicinity, owuiug or leasing a large quautlty of gas territory
and 654 miles of ptpei. In year ending >larch31, 1888. gro-'S earnings
weie $1,901,703; net $1,014,642; surp'us over dividends (12 per cent)
$172,016. Geo. Westinghouae, Jr., President, Pittsburg. (V45, p. 292
Netearnings
438; V. 46, p. 76.)
Postal Telegraph Cable.— This company is successor to the
Postal Telegraph Co. and Postal Tel. Cable Co. The old bonds took now
stock for 35 per cent of their faoe, and the old stook 5 per cent of its
amount iu new. Foreclosure suit begun by Farmers' Loan A Trust
Nov 18*5, and sale took place Jan. 15,1836. A. B. Chandler,
Co.
,
New York. (V. 43, p. 125.)
Poughkeepsle Bridge Co.— Chartered
Pre^dent.
In 1871 to build a railroad
bridge across the Hudson River at Poughkeepsio. Active operations to
complete the work were begun iu 1886, and contract made with Union
Bri ige Co., the bridge to be ready for traffic in 1883. Capital stook,
$5,000,000; par value. $100. Abstract of mortgage (Mercantile Trust
Co. Tru-tee) in Vol. 45, p. 27.-.. N. Y. Office, 15 Broad Street. (V. 45, p.
275, 401, 473; V. 47, p. 81, 256.)
Pullman Palace Car.—The ststk has been Increased from time to
time to provide new capital, as wanted, since the price, ruling above
par. gave a bonus to stockholders when subscribing for new stock
an iucrease of 25 per cent was voted at the meeting iu Oot., 1887, and
is included iu the amount outstanding above.
Fiscal year ends July 31 ; report for 1886-7 was In V. 45, p. 538.
INCOME ACCOUNT.
1884-85.
1885-86.
Revenue
$
Earnings (leased lines included)
4,946,151
Patent royalties, manuf. profits, Ao..
667,477
$
$
5,075,383
548,129
5,621,018
819,914
5,623,512
6,440,932
—
Total revenue....
Disbursements —
Operating «xpenses, including legal,
general taxes and insurance (leased
5,613,628
1886-87.
lines included!
1,949,655 2,057,627 2,224,807
Paid other sleeping-car associations
controlled anil operated
708,005
802,176
969,896
Rentals of based hues
16z,5<!9
66,000
66,000
Coupon Interest on bonds
168,050
171,453
159,150
Dividends on oapital stock
1,273,962 l,274,0z8 1,274,176
Repairs of cars in excess of mileage..
210,018
Contingency account
100,000
100,000
Total disbursements
Net result
-(V. 45, p. 509, 538, 696.)
Quicksilver mining.— Owns
4,365,604 4,467,881
1,248,024 1,155,631
quicksilver mines at
4,904,047
1,536,385
New Alniaden,
Cal. I'Ue ureierreo stock is entitled to 7 per ct. per annum, not cumulative, and any surplu, goes to the common and preferred equally. See
annual report for 1887-88 in V. 47. p. 49, showing net income applicable to di\i end~rorthe year of $328,854, against $178,448 in 1886-87;
dividends in 1 s86-87, 2% per cent; In 1887 8, 5ifl per cent. (V. 15, p. 8 3;
-V. 47, p. 49.)
Tunnel Railroad.—The railroad and tunnel
St. Louis Bridge
were sold under the mortgage of 1873, July 1,-1878. Foreclosure under
the first and secoud mortgages on the bridge was made Dec. 20, 1878.
On July 1, 1881, the bridge and Tunnel Railroad were leased to the Mo.
Paciflo and Wabash St. Louis A Paciflo for the term of their corporate charters, on the terms following, viz.: Of the stock $2,490,000
first preferred, by the terms of the lease, is guaranteed 6 per cent;
$3,000,000 second preferred is guaranteed 3 per cent per annum.
The railroad stock of $1,250,000 is guaranteed 6 per oent a year.
The whole annual charge for rentals is $670,000, one-half payable by
Missouri Pp.oittc and one-half by Wabash. The common stock was held
by the Loudon Reorganization Committee, and under the leace was
transferred to Mercantile Trust Company of N. Y. with power lo\ote
thereon. In tbeyear ending Dec. 31, 1887, gross earnings were$1.7l4.59-; net, $903,96'2; surplus over interest, &uar. dividends, etc., $49,336.
A
-(V.46, p. 255, 4T1
)
,
Skftxmbkb,
trill
falaet Oar—t Continued t—
Bonds, deb., to b paid off st mat. by Farm. L.
Owirirrilsar Mining—Common stock
Preferred 7 per cent stock, not cumulative
-
tt
Tunnel
Ontotandlng
A Tr. Co
c
c
cent.)
ao.oon.ooo
997.863
10.000.000
715.000
C 00,000
3.403,000
l.loO.OOO
10.3 0,000
Alice Furnace To.. Ala. 1st bonds
Blrm'm. Ala., D1t..coc». M.. g. a f. 1 p. c not drawn
Msare Dlv. bond-, sold. sink, fund 1 «t p. c. yearly
Pmc. Land *n«*<.-"Certlflcates of proprietary int."
cc
Ltmm rat—ra p*
"T
m*
J.
•
J.
2>s
A.
A
A
A
A
A
I.
A.
"7"
pal. When
Where Payable and by
ST., Farmers.!. .ATr. Co
Oct. 15,
.t.Y.,Offlee,2'6Na«sauSt.
Oot.
1888
May, 1882
1. 1888
DrezeL M. A Co
do
do
Jnlv, 1888
July, 1888
April 1, 1928
J. N. Y.,
J.I
O.
New York and London
J. N. Y., Drexel. M. A Co.
O. N.Y., West. Union TeL.
Febll N.Y.Offioe 45 William
6
7
Stocks— I just
Dividend.
whom.
Feb! "l
July
1888
1888
1,
Oct.,
|
April 1, 1894
st
Oct. 1.1896
V. Y.Offloe'l,i William at July 7, 1895
London.
I
on com.
M.
7
I,
AN.
A O.
A J.
A O.
A.
J.
A.
Bank May
N. Y. Fourth Nat.
do
do
do
do
do
do
do
do
14.
Not.
1,
1X9:2 to
Jan.
Jan.
1,
1,
1887
1903
1909
1917
1917
M00.000
Stock.
(subteet to old lien of S3O0.000)
0.000).
ctgage for 83.eoo.ou)
(t)
Ssw lym
Stock
forgo d Company Mm *
-Stock..
Union Toltgrnmk Stock
V <-.is.f. not ilr.,
bda.,g.,(Uenonw.l'.BUlir...v
ooW.U
estate bda.g..(Uen
Debentures, sinking fund 1 p. c. drawn at 100
ear
1873
Debentures. silking fund In. ec.. drawn at 100
dialers! Trost b- nds for S7.aOQ.000
...e*| I88S
100
100
100
n
—
10.000.000
6.2' 0.000
86.200,000
1,336.000
4.876.OO0
1.000
1.000
i
I
6
3,4.5
1,200,000
i
Boathern
7
400.
l«t
4--..H74
Trnn. Coal I. d RK. Co -Stork, (SI ,000.000 la of. g S cum.)
Pratt Coal tt Iron Co., Ala.. 1st mortgage, sink. fund....
1st
par When
Cent.
rajeatll
Rat«-
9955,000'
5,708,700
4,291.300
2.300,000
2,490,000
3.000.000
5,000.000
1,250.000
948,875
2.300.000
418,000
499,578
ML— Bridge stock, common ...
1st preferred stock, guar, by Mo. Pao. and Wab
2a preferred stock, guar
1st mortgage, new. sinking fund
Tunnel BR. of St. Louis, stock, mar
tt utkm a a Atlantic rearrests Btortk (guar. S per
Sterling Iron 4 Soi/way. -Stock
Mortgage bonds. Income, series "B"
Plain Income bonds
Sterling Mountain KR-- 1st mint. Income guar
2.1
Bond*- PrinciDue.
INTEREST OR DIVIDENDS.
Amount
For explanation of cohitnn headings, Ac, see note* on tint
page of tables.
St Louis Bridge
135
confer a great laror by glrlns Immediate notice of any error discovered In these Tables.
DESCRIPTION.
PeHmen
1
MISCELLANEOUS STOCKS AND BONDS.
1888. J
Subscribers
1
.
8M
IglOOAe
I
1.000
124
(1)
1st coup, duo July 1. '87
1915
N. Y., Ofnoe, SaB'wey. Aug. 15. 1888
J.lN.Y., Offloe, 63 Bway July 16, 1888
q.-F
1H
4
J.
|»
8*
M.
M.
M.
*
IN. Y, Offlce,195 B'way.
A N. N. Y, Union Trust Co.
A N. N. Y.. Treasurer's Omc*
A 8 London. Morton. R.A Co
A J. In. Y.. Ofnoe. 193 B'wav
0,-J.
•
-
J.
Out. 15,
May
May
March
Jan.
1,
1,
1.
3.
1888
1902
1900
1900
1P38
A
Atlantic. -Lines leased to Western Union and stoek
by the rental. 3 per eeat per eaaam.
la March. 1888, the oompanr decided to pay the April dividend of 14
—17,
I
per eeat In scrip, as per statemen t In V. 42, p. 339, and in March, 188
voted to Issue 81.200.000 stock to take up this scrip,
scrii
and new Don
bonds
way.—
The
proper
ty
of
this
company,
la
iii'. rentals
to retire the stocks of several of the leased lines harti
ring gu
_ Iroa. At Bail
Orange County N. T.. (and a few agree la Rockland I consists of 25.000 Cash dividends were resumed at 1 per eent quarterly in July. 1887.
acres of land, with furnaces. Ac. baring a capacity of 15.000 tons of
The collateral trust bonds of 1888 were Issued to retlie an equal
pig Iroa per year, and 7>e miles of railroad, houses. Ac. The company amount of stoek and bonds of the New York Mutual T legraph Co.
endorses the 4471.674 bonds of the Sterling Mountain Hallway. Interla October. 1887, the Baltimore A Ohio Telegraph Co. was purchased
est of 3 par era! was paid on the Income bonds of the Sterling Mo. by the W. U. (83379.000 of Its .lock) for 50.0U0 snares of W. U. stook
Hallway aad the Sterling Iroa A Hallway Cos. Pen, 1, 188*. A. W. and 860,000 per annum as rental for 50 years. The mileage of wire
Humphrey a. President, 45WUliam Street. M. Y.
transferred brB.40.toW. U. TeL Co. was as follows: Owned, 52,603
moat leased. 1.504. controlled, 4.480. Number of ofuoes taken over
d on Cxsaeic uh Lode for facilitating mining about 1.000, of which 250 were not duplicated by the W. U.
- f.ir
Ipta year eodlnc March 1, 1888. 9268.147: act 9179.toe quarter ending Sept. 30, 1888 (partly estimated
18e«-7 S-.ie6.533:
eSAAS act SI 89,8*). Salt far foreclosure
with the actual figures for same quar. In 1887
held by the reorgaatxatloa f natalities,
c in In f Sept 30.
»
ihe privilege till July 11, 188t. of tal
taking
Actual. 1887.
Estimated. 1888.
iincat oa t
at 50 In payment for aa a
91,306,911
81,550,000
'SeeV. 46.P il9. (V. 45,p?94?3U8. 996. 8i7; V. 46. p. 183. 841
:• 50.337.)
9122.658
8184,802
I
m
A
20,000
20.OOO
Teaa. Coal Iron
KB. Co.-Tbta eompeay. organised Is 1881.
142.652
204.808
acquired the properties of the Bewanee Mining Co.. the Southern
States Ceal Iroa A Lead Co.. in Teas,, the i'r-.tt < oel A Iron Co. In AlaNells
.345.
aad other rsleikli properties roatls'tngof blast furnaces, coal
198
I;
1.077.386
Iron mines, foundries. Ac., aad Urn trans of cual aad iron lands Lees dlTldsad.
See a full
t or the property Id V. 44. p.
9332,384
8267.838
845. Of the Birmingham Division bonds 6l.0U0.000 are reserved to Surplus for quarter
7.002,185
7.498.549
retire prior issues at maturity. Toe prior bonds on the lean, portion Add surplus June 30
Kit 1all refon led Into the above new Issue of Teaa.
of the property are about
97,354,^69
87,768,381
INT. bonds, due 1917. The total funded debt wee 9S.8P5.loO, and tlnk- Surplus September 30 (nominal)
lag read* ILen held saw anted t»9»2''.30o. leer ins net debt AS 065.80O.
fiscal year cads June 30; report for 1836-87 was in V. 45, p. 508.
I0i,
of their boldTo stockholders of Jaae 87, 18*8. the company sold
their hold• In new 8 perct. pref. stock at 90, and took back 8« 10 of
1884-85.
1885-86.
1886-87.
let 30. thlchelug equivalent to a eoolrli.ulion of 96 .>; per share.
Revenues for the year.....
,917,706,834 916,298,639 917,191,910
Feb. 1 to July 31. 1888 (6 aot), net earnings ware 9332.700.
I 8394.900 hi 1887; surplus orer Interest aud sink, fund charges
«'.».' 177.1 15
Operating snd gen. expenses
88,544.554
94,510.058
la" 1888. 611'
Rentals of leased Lines
1,892,347
1 ,822,543
1,899,954
In y.sr radio* Jan. 31, 1888, Bat profit* were 8626.9-6. Til 994.709 Maintenance
A
reconstruction.
1,146,871
1,273,125
1,673.670
'y Division; *aO>tl oa Cowan IMv. and 9*4.612 on South
Taxes
278-594
301,732
eaHjSwa
rPittsburg D.v. -total, 8240,263 In Tennessee, and 9JoO,931 on II.
Equipment of ofaoee and wires.
190,210
203,061
224.965
Dlv. end 8185.721 oa Pratt Mine* Dlr.-toUU 83*6.852 In
(V. 45. p. 103. 273. 643 ; Y. 46, p. 134, 213. 810. 339, 574,
Total
912.008,910 912,378.783 813.154,628
739,819; V 47. j.. 218.1
95,700,925
•3,919.856 84,037,282
'
.
:
1
.
,
Texas Parlor Land Traet.—The
rertlaretee of thlsTrnst repre-
sent the owneisklp of the lenaa of the Texas A Pacific Hallway, and
they were l « eae d la 1888 In eiebsage far the Trxae A Pecx land Ineeeae bonds and interest scrip. The trust. es of the laid trust are
Messrs. Charles J. Caada, Simeon J. I»raio and William Straw*, of
Hew York, aad the lands recensd eonslsied of 3,450.642 notes, and
also the company's interest la 881.234 acres eln-adv sold, on which
there was yet to t>e paid 8899,731. eeoured by the purchssers' contracts
Bee deeenpoon of laade in V. 47. p. 344.
t ol lea
Trlecraph
1.1
company wee formed In
•
-.-«.,r to the
August. 1883. a
A Merchanta' Td.. sold In
foreelosiirr July 3i. 885. subject to prior mort. of about 9300,000.
account of sale »nd list of rroprrty sold In fincni n.'i 1. V 41. > 122. In
Hot.. 1886. ('. P isrrell of N V was appointed receiver of the B. A M.
property in Peon., sad afterward aw*
,lers' A Merchants' was sold In resacluaure July 31, 1885
II. p. 122). aad the plan of rennranlxatloe was published
the Isvkstobs' Hi rri.Kaa.ttr of Dec. 1886, and prior U-ues.)
Everything has been held Is rheek by iltis-«tioii. sod the lines have
sen operated un«ler ontract by the Postal Tel. graph Co. An important
- bi Jurtge aallaee was In V. 47. p. 3l4.-(V. 4J, p. 66, 164, 364,
oh ii'i**
i'.-.i:i.,
8*7, »i-. 'in;
)
1
•
,
»s.°""
ehseed
1
(Sea V. 45,
p.
. -In Sept. 1847, the stock was Increased
•!••.' 00,0011. and the B. A O. Express was pur30i. 311, 438 )
Welle, Forgo t'x press, v. annual reports or Information. la
March. 18im. that onespaoy imum out the Brie Express of tue M. Y.
Lea* Hr.s A West RK.
C.J.
(V. 46, p. 371.)
Disoursem m/sPar dividends
For interest oa bonds.
For staking funds....
Total dUbursements
.
ffnlaairt of profits...... ..
Surplus July 1 (becin'gof yr.i.
Balance of proSta for year....
Trlecraph.
k.-Oataei
mi
l*7-< U
I
consolidation with
Hi
898 mi
H7..IH.)
»8eV97.
49.370
90,189
:i7...:il
-._•.. i-i-i
mi. -8t
997 99
999
75.688
H.VJH
1
94409 112.191
7i).
56.0S2
870-71..
871-72..
121.151
1.17. IIM)
154.472
175.735
179.498
873-74..
874-75..
875-76..
H78-77..
76.935
879-90
880-8 1.. Uo.3 to
881-82 .181.060
.
S
1
1
,
1
85.534.389
93,934,025
9166,586 def 914.169
8l.324.iHt4
94,157.469
166.333
def. 14,169
91,344,929
8i.692.333
94.309.835
2,692,359
t.iJuni-30. l«-<7:
Miles of Miles of No. of
Year. Poire A Col's. Wire. Offices.
1:1 1. 1.'i
909.209
21 1.36)1
<ivin« par. or 6IA.000.000. for the stock
•a ; 80 per eeat for old Atlantic A Pacific
Stoek waa given in
Union, aad a stock dlstributiou of 48 >e
Wsatai
par eeat
Aa Injun, turn was obtained
".aad Ihe stoek dlr'd
1883.
The MutoaJlUn^Teaegraphmaasea opposition fine, but la Feb..
•lease
s lease was egrewljaeaTThe Weetera Uniea alas leases the Am.. (Cable
withe guarantee of 5 per
oa Its Mock of »1 4.0O0.0O0.
9811,864
493,074
39,991
93,399,573
494.461
:
8 1.0O2
.
9JJ9I
94,909.325
495,072
39,992
Total nominal surplus June
30 (end of year)
84.324.004 94,309,835
97,003.188
Sinking funds June 30, 1887, contained 8364,1*93.
The ranm In prices of stocks for a series of years has been In 1881,
77*94; In H*2. 7tl'«.r):iV, In 1-H 1. 71 **•<•«'«; In I81I. 49a78>at
i3>*eHl»*: to 1HH6, 60ie»-*0t; In 1837, 674«81 7s ; la 1888,
to Sept 21. lucl.,703.«85*4.
The following statement shows the mileage of lines and wires, number
of offices, and traffic of the oompany, for each year from J uuu 30, 1866.
87-2-73..
1
.
882-83..
1
M.
:'tl
233,534
3.7.1
2,250
2,565
3.219
3.607
3.K72
4,806
5.237
Messages.
6,568.925
7,004,560
7,316.918
7,138.737
7,637,448
8,457,095
9,333.018
9,262,653
9.564.574
12. II 1.499
M.i.6.832
11.118
16..I2'.),256
8J565
7.072
7,500
8.014
8.534
0.O77
17.133.710
18,729.567
r:
Profits.
8
5.879.282
8,404,595
7,934.933
9,157,646
10,646,077
5.7 UJ
432,726 12,1(17
450.571 13.761
462.283 14.184
Beoelpts.
9
10,11
•
21.1 .8,941
9,812.332
1.894
9,861,355
36.070,106 10.960.040
29.215,509 12,782.8)1
t
32,500.000
38,842,247 17,111,105
41.181,177 111.*..
42.076,226 19,632,939
1
.(
.
2.624,919
2.641,710
3,748.801
2,227,965
2.532.661
2.790,239
2,757,969
2.'..M...U0
3,229,157
3.399,509
3.140,127
3,551.549
4.800.440
5.833.937
5,908.279
7.118.070
7,060.350
6.010,438
5.700,924
3,919.855
42,0 ••;. '.8.
17,701.1,842 4 9.607 15,1 12 43,269,807 16 498.634
i8 -87..m;.8i4 524,641 15.658 47394,530 17.101.910 4.03-.. 2J1
-(V. 43, p. t>9, 473, COS, 309, 843, 811; V. 46, p. 352, 771 V. 47, p
278, 327.)
1484-85. .147,500
I
1
—
.
......
.
1
BANK STOCK
Capital.
.
. ..
Par Amount.
at latest
dates.
Dividends.
1,907.000 J.
l,000,(
100 3,000,000
Kxcti
100 5,000,000] 1,545.600 M.
22,900
Bk.ofDep'Bit 100 300,000
America*
A
A
J.
July,
N.
May,
10
20
Bowery .... 100 250,000 352,900
Broadway .. 25 1,000,000 1,458,200
25
Bntch's'ADr
Central
1(H)
100
25
100
25
100
Chase
Chatham
. .
Citizens*
City
Columbia*..
Commerce
1(H'
.
Commercial.
Continental. KM
OoruKxch*. 100
25
East River
11th Ward*.
u
.
100
Fifth
Fifth Ave*.. 100
100
First
100
Fourth
14th Street*
Gallatin .... "50
Garfield.... 50
Germ'nAm.* 75
Germ'n Ex.* 100
Germania*.. 100
25
Greenwich
Hamilton*
Hanover
300,000 270.000
7
8
2,000,000 502.200
6
6
500,000 517,700
12
14
450,000: 493.400 Q-J.
1100
Bi-m'ly.
100
300,000 5.581.000
7
7
600,000 354,900 J. & J.
15
1,000,000 2,216,600 M. &N. 15
38.000
200,000
8
5,000,000 3,014,700 ./. & J,
42,800 J. & J.
300,000
300,300 J. A 3.
1,000,000
6k
1,000,000 1,078,900 F. 4 A. 10
8
250.000 115,300 J. A J,
8
100,000 130.100 J. A J.
6
150,000 239,200 J A J.
100.000 661.3001
40
500,000 5,ti29,400 Q.—J.
8
3,200.000 1,157,200' J. A J
49,900
1(0,000
10
10
l.ooo.ooo 1,255.400 A. A O
200.000 225,800
750.000 2 1 6,400 F. & A
12
200.000 341,300 Q.— F.
r»
200,000 344.900 M. A N.
G
81,400 M. A N.
200,000
150,000
4y,700|
!
100 1,000,000
100,000
Home*
200,000
Riv'r*
12
16
8
8
'
600
ioo,oo<j
Harlem'...
Latest.
Period. 1886. 1887.
971,300 J.
54,700
103,500
-
88.
88.
Par.
Am "lie alii...
3% Bowery
4
July, *88. 6
July, *(<8. 8
July, '88. 4
July, '88. 4
July, '88. 3
Oct. '8H. 3
Sept, '88.25
July, '88 3>a
May, '88.10
& J
July,*88.
July,*88.
July, '88.
Aug., '83.
4
3
3
5
July/68. 4
July, "88. 4
July, '88. 3
July, '88.30
July, '88. 3>»
Apl., '68. 5
Aug., '88
May,
May,
May,
'88.
'88.
'68.
3
2
5
3
July, '88. 3>n
Imp. & Trad. 100 1,500,000 3,606,500 J. A J. 14
8
50 500,000 235,900 J. & J.
Irving
Leather Mir. 100 600,000 512,100 J. A J. 10
2,t00
100,000
Lenox Hill*.
161,200
100 300,000
Lincoln
15,600
& J
Madis'n 8q.* 100 200,000
A A. 7
Manhattan * 50 2,050.000 1,171,100
620,100
A J. 8
Mkt * Fult. 100 750,000
25 2,000,000 l,489.50(<
A J. 8
Mechanics'
A J. 8
Mecb. &Tr* 25 200,000 147,900
A J. 6
Mercantile. 100 1,000.000 550,300
A J. 7
50 2,000,000 747,900
Merchants'
110,500
A J. 6
Merch. Ex.. 50 000,000
300,000 408.100 J. A J.
Metropolis*. 100
7>s
6
Mt. Morris*. 100 100,000 1". 5,200 J. & J.
Murry HiU* 50 100,000 251,400 Q.-J. 10
8
100 500,000 166,600 M. A N.
Nassau*
2,400
250,000
K. Amst'm*.
New \orit 100 2,000,000 1,621,500 J. & J 10
81,400 J. A J.
8
H. Y. County 100 200,000
116.900 F. A A
6
V. Y. N. Ex 100 300,000
7
Ninth
100 750,000 253,900 J. A J.
ioo.ooo
7,000
Ninth Ave.*
9,900
100,000
Nme'thW'd
700,000 342,200 J. & J
N. America
240,000 110,700 J. & J
North Riv'r
3
300,000 347,600 J. A J. 10
Oriental*
422,700 2o9,700 Q.-F
Pacific* ...
8
100 2,000,000 1,704,000 J. A J.
Park
8
220,800 J. .V J. 10
People's* .
251 200,000
Phenlx
6
20 1,000,000 501.600 J. A J
149.800 A. A O.
7
Prod. Exch. 100 1,000,000
Republic
6
100 1.500,000 700,500 J. A J.
100,000
4,200
Blver Bide*
600,000 222,200 J. *
St. Nicholas 100
Seaboard.. 100 500,000 U9.300 J. &
Seventh
100 300,000
74,600 J. ib
Second
100 300,000 200,000 J. A
Shoe & L'thi 100 500,000 227.200
Sixth
100 200,000
77,100
BtateofN.Y* 100 1,200.000 460.700
A N.
Third
loo l,000,00t
2C3.600
A J
Tradesmen's 40 1,000,000 211,000
A J
Twelf.Ward*
200,000
34,100
23d Ward*.
100,000
600
Union*
250,000
2,90
100
500,000 481,400 Q.—J.
D. Btates
Western
3,500,000
35,500
vou.oon
01
West Side*
197.100 J. A J
10
July, '88. 7
July,'
't
8.
4
;
.
July, '88. 5
50
25
25
17
Citizens' ... t 20
70
City
Comm'nw'th 100
Continental t 100
40
Eagle
Empire City 100
Exchange... 30
50
Farragut
Fire Ass'n... 100
17
Firemen's
German Ain 100
50
Germania
50
Globe
25
Greenwioh
Guardian... 100
15
Hamilton..
Hanover ... 50
100
Home
40
Howard
Jefferson. ..t 30
20
Kings Co. (J)
Kuick'bock'r 30
50
Lafayette (J)
50
Long Isl.(J)
Man. A' Build. 100
Mercantile .. 50
Merchants'.. 50
NassauU)
50
National
37 >s
N.Y. E.i'table 35
Broadway...
Brooklyn ((.).
.
.
.
. .
.
N.Y. Fire.... 100
Niagara
50
North River. 25
Pacific
Park
3
7
8
8
»H
6
7
6
8
6
16
8
8
10
8
8
10
6
5
6h
10
8
8
8
.
Jan., '87. 3
Auk. '88. 3>n
July, '88. 4
July, '88. 4
July, '88. h
July, '88. 3
July, •88. 3M>
luly. '88.
3
July, '"8. 4
Jmy, •KH. 3
July, '88. 4
May,
'88.
4
July, '88.
Jan., '88.
Aug.,'88.
July, '88.
5
July. '88.
July, -88.
July, '88.
Aug.,'88.
July, '88.
July, '88.
July, '88.
May,
'88.
Net
Standard
Stuyvesant-.
Unit'd States
Westchester
WinsbgC.(t)
May,
400,000
300.000
200,000
153,000
300,000
210,000
500,000
t
3
4
5
2
1,000,000
Bonds
Bonds
Hassan (Brooklyn)
Scrip
People's (Brooklyn)
Bonds, 7 per cent
Bonds, 6 per cent
'88. 3
'88. 3
*88. 3
'8-<.
5
'88.
'88.
'88.
4
4
3
July, '88. 2
July, '88. 5
Railroads.
Par.
Avenue (Brooklyn)..
Bonds
Bleecker
St.
& Fult. F.—Stook.
1st mortgage
Broadway 4 7th Ave.— Stock.
mortgage
2d mortgage
1st
1st mortgage
2d mortgage
Brooklyn Ci ty— Stock
1st mortgage
Brooklyn City & Newtown ...
st mortgage
Brooklyn Crosstown Stock.
1st mortgage bonds
Bushwick Av. (Brooklyn)—Stk
1st mortgage
—
.
Bonds
Metropolitan (Brooklyn)
Municipal BoiuIb
Fulton Municipal
Bonds
Bqnltahle
Bonds
.'....'.
st
mortgage
Cent. Park N. & E. Riv.—Stock
Consol. mortgage bonds . .
Christopher
&
:Oth8t.-Btock.
Dividends and interest.
Period.
Consolidated
D. D. E. B. A Battery—Stock..
1st mortgage, consol
Date.
Scrip
>lay7, '88
Jui j 1, *88
Ift9;-l905
J'i.el5,'88
Way 1, '88
1902
Julyl0,'88
1902
1, '88
1, '88
10 1,000,000 Quar. lV8.-p.l5, '88
1.000 400,000 M. & N.
1908
Var's.
100,000 A A" O.
Apr. 1, '88
50 1,0(0,000 Quar.
July 20, '88
1,000 1.000.000 A. A O.
1899
100 1,000.000 J. A J.
July 1, *88
1,000 750.000 M. A N.
1899
100 3,000.000
Julyl5,'88
300,000 J. 4 J.
1899
100 2,000,000
Julyl5.'e8
1.000 l.i oo.ooo f'."&"a.
1900
•
WlUiamsburgli
3
i"
8
20
10
15
10
10
10
6
10
10
3
10
10
10
3
10
10
10
10
3
10
20
6
20
6
8
8
7
8
8
8
3
3
6
10
7
10
8
11
8
10
8
12
8
12
8
10
8
12
10
10
8*2
10
12
10
12
10
10
10
7
8
11
10
20
7
10
10
10
20
'8s.
•88.
Feb.,' 88.
July, •88.
Jan., '88.
July, '88.
Ail
July
July,
July,
July,
July,
5
3
SH
5
6
3
•88.10
'88. 5
'88. 5
'88. 5
Jan., '87. 3
July •88. 3
July •88. 5
July, •88. 5
Jan., '87. 3
Mch., '88. 5
July, '88. 6
July, •87. 3
July, •88. 3
Jan., '88. 3
Apl., •88.
July, •88. 3
Jan., •88. 3
July, •88. 5
July, •88. 4
July, '88. 5
Aug. '87. 4
July, '88. 5
Apl.. •88. 4
July. '88. 6
July, '87. 3»a
July, '88. 3
July, •88. 6
July, •87. 5
July, '88. 5
July, •88.
July,,'38. 3
July ,'88. 6
Feb., '88. 6
XH
3H
July 88.10
AND BONDS
Amount.
Date.
Period.
*
Atlantic
Bonds
Coney Island A Brooklyn
3d mortgage
May
1H
'88.
Dividends and interest.
Broadway (Brooklyn)
July
15
7
7
10
CITY HORSE RAILROAD STOCKS
1
Consolidated Gas
Jersey City & Hoboken
Metropolitan Bonds
Mutual (N.Y.)
15
6
7
10
300,000 642,265 15
80.107 6
200,000
87.015 7
200,010
89.498 10
200,000
43,423
200,000
41,433 "i
204,000
1,000,000 2.112,137 14
1,000,000 672,142 10
200,000 107,385 10
200.000 448,355 10
§8,972 6
200,000
90,352 10
150,000
1,000,000 428,928 10
3,000,000 1,375,691 10
1,292 none.
400,000
54,06!) 10
200,010
150,000 175,0(14 20
70,847
210,000
40,267 8
150,000
32,430 10
300,000
200,000 167,144 6
200,000
6,168 6
52,003 9
200,000
200,000 168,087 10
62,055 8
200,000
210,000 301,039 12
51,004
200,000
335,938 10
500,000
59,829 8
350,000
200,000 338,430 12
10,676 10
200,000
54,li)4 10
200,000
12
208,710
150,000
1,000,000 143,667 10
10
154,434
200,000
200,000 140,196 7
7.-1,5'
9
9
200,000
250.000
255,297 10
300,000 282,705 10
250,000 584.270 20
5
3
2
Jau.,'8*. 3
July, '88. 3
25 2,000,000 Various
20 1,200,000 Various
1,000 250,000 A. A O.
100 35430000 J. A D.
20 756,000 (mar.
1,000 700,000 F. A A.
100 3,500,000 J. A J.
1,000 l,60i,(XK. M. A N.
25 1,000.00(1 Various
.
Var's.
700,000 M. A N. 2>s
8
July
4
LOCAL GAS COMPANIES' STOCKS AND BONDS.
Brooklyn Gas-Light
CttUens' Gas-Light (Brooklyn)
8
Feb. '88. 6
Jan., '88.
F^b., '88. 4
9
Jan., '87. 2
2
19,233
917.238 15-40 15-40 15-40 Jury, '88.6-50
Central Crosstown—Stock.
Amount.
16<>,459
July, '88. 5
July, '88. 4
3>a
1
Par.
10
12
12
12
15
15
15
6-50 6-50 6V2
10
12
13
4
These are not National banks.
t June 30, 1888, for National
and June 16, 1888, for State, banks.
Gas Companies.
10
12
304,352
191,855
328.036
84.480
170,346
Over all liabilities, including reinsurance, capital and scrip.
5 Impairment.
Surplus includes scrip.
(t) Brooklyn.
*
Joly,'88. 3*2
July,
July.
July,
July,
July.
July,
Amount.
3
. .
1
People's
Peter Cooper
Phenix(J)....
Rutgers'
25
100
50
20
50
25
50
25
25
10
50
LIST.
Dividends.
Surplus,
Jan. 1,
1888.*
1885. 1886. 1887. Last Paid.
Capital.
Companies.
Am.
[Vou xlvii.
INSURANCE STOCK
LIST.
Surplus
COMPANIES.
Hud.
.
BANK, GAS, INSURANCE AND CITY RAILROAD STOCKS.
136
Chemical
...
.
Eighth Avenue—Stook
Scrip
42d A Grand St. Ferry— Stock.
1 st mortgage
Grand St A Newtown (Bk'lyn)
1st mortgage
Houst. W. St. A Pav. F'y-Stk.
1st mortgage
Ninth Avenue
Second A ven ue—Stock
lstmortgage
Sixth
Avenue—Stook
lstmortgage
Avenue—Stock
Bonds
Twenty-Third Street—Stook.
lstmortgage
Third
*
.
50 $700,000 Q'rtYly. 2 Jan., 1888
5-7 1885 & '94
1,000 500.000
h July, 1888
100 900,000 J. & J.
7
July, 1900
1,000 700,000 J. & J.
100 2,100.000 Q.-J. 3 Jan., 1886
1,000 1,500,000 J. & D. 5 June, 1904
1914
500,000 J. & J. B
1,000
100 525,000 Q-J. 2 Au^.,1888
1889
1,000 250,000 J. & J. 7
(I
1889
1,000 100.000
Aug., 1888
10 3,200,000 Q.-F. 2
800,000 J. & J 5 Jan., 1902
1,000
1^
100 1,000,000
7
1890
400,000
1,000
Apr., 1888
100 500,000 A. & O
1908
1,000 200,000 J. & J 5
loo 500,000 Q.-F. 2 Aug., 1888
1902
1,000 400,000 J. & J (i
100 600.000 Q.-J. 1* July, 1888
Nov., 1922
1,000 250,000 M. & N
100 1,800.000 Q.-J. 1% Apr., 1887
Dec. 1902
1,000 1,200,000 J. & D 7
100 650,000 Q.-F. l\ Aug., 1888
it 0,000 A. & O
7
1898
1,000
3
Aug., 1884
loo 500,000
1887
75,000 J. & T, 7
1,000
1903
1,000 125,000 J. & J. 5
100 1,200,000 Q.—F. 2 May, 1888
500 &c 900,000 J. & D 7 June, 1893
100 1,200.000 K. & A 6 Feb., 1914
Q.-F. 1^ Aug., 1888
100 l,0UO,0<
1914
100 J.'.i'Ki.OOO F. & A 6
10O 748,000 Q.-F. 3 Aug., 1888
l.ooo
236,000 A. & O 7 Apr., 1893
100 170,000
2>i Jan., 1880
1896
175,000 F. <& A. 7
1,000
2
Feb., 1886
250,000
Q.-F.
100
500 500,000 J. & J. 7 July, 1894
2
Nov., 1887
100 800,000
100 1.862,000 J. & J. 5 Jan., 1887
1909
&
N.
M.
5
1,000 1,600,000
100 1,500,000 Q.-F. 2 Aug., 1888
July,
1890
A
7
J.
1,000 500,000 J.
100 2,000,000 Q.-F. 4 May, 1888
1390
Jan.,
7
1,000 2,000,000 J. * J.
Aug., 1888
100 600,000 F. & A
May, 1893
250,000 M. & N. 7
1,000
1
^
This column shows last dividend on stocks, and date of mat rity
of bondt.
—
I
September,
1888.
-
'
1
RAILROAD EARNINGS.
J
137
MONTHLY EARNINGS OP PRINCIPAL RAILROADS.
Jan.
Alabama
Feb.
May.
March. April.
90.157
97 3J9
i«Ma.).
1887
(»«BJ.
138.707
(UN to 3440 at).
1.147.0:..
3.437 m...
1888.
1884
«•!» Pa—
IM
ttm.
.8.404
1887
£»46to S4"3aw.
1.007.407
1.491.103
i3jMi to 3.08J m. I.
1..J08.13J
119.213
137.042
110,954
St
Bnrllajjtaa
1844
isas
f
Cesar Hap. A- N
(7l3lo88BBW.
itwioana.).
.900(0 1.MHB.).
ISM
.l.orlVm.)
laW
(1.040 ai.).
Canadian Pa.lar-
MJt..'
to8.T9tm.>.
1.831
1
1MB
UM
1887
33*7 BL>.
(3.7*4 'O
'S437 to t.Mrtm.J
UH
It
Obla—
1,
najn
317448
37*480
301434
333.719
177 483
845.437
8UV.1>«
30*497
aaalB
171.015
433.7*4
317476
341.943
388,373
(7
l_KYB
<51uat->.
IM41I
1CJ.H5
210,500
3to,435
837.034
813,300
810.780
93,170
191 .301
UM419
811.30ft
8aS4»l
MM
4*4.517
033448
t»;,<«0
9U84C< 9*8.133
8(5.493 1439. V» 1437,899 1,030.170
i
*WO
MTIBI.
181498
108.731
97418
4M.777
80,739
97.439
83,079
09.930
99.9:4
104.44V
tin. 19!
Mt.UlS
9841 (
10848 >
Haaar-
474*
3O.40B
SS.4**
97419
M.j..;
348.187
308.108
-
I41IJ48
aimadij.
<«mbu
H£-
K
.
189.148
I
141489
10V448
l>4J0
laaj
at.).
1.407.0V, 1417.084
1,495.951 18,401.366
809.00*
8S1.413
340.303
310.804
319,808
733.531;
915.8
321.558 3.750.883
7*0.883 4487,9Ji
801.100 10,081403
1,131,741 11.000.413
K
1.077,830.
1.803.988
104481
118407
147,043
137.187
190.737
134.319
308,103
309,007
3t*J40f
41u,38b
•70481
307.436
378,081
90H.812
314.185
340.131
ll.'.tr..
360470
m
in
78,858
71;
7*410
•340*
•8401
80 838
109,70-
110.034
14M.4A1 1.WI.187
1.738,199 8.447,.,4*0 8,707,110 8,0X3.387
141*4*4 84*4404
84».741 8.748.17a 8.7*44**
-
8.187.80.
"
180414
1*0.510
113.13*
138.458
133433
1*7484
80446
89.3*1
3438.608
3.361.83B
4.0U6.048
1.431.163
708,837
700.467
937.533
1.115,078
3460.300 38,483,613
3.S394.5 80.550,437
3440434
08447
110.000
133.357
68.884
87.738
1.448,308
1.307.973
1.333.483
1.352.538
8.308,431 80,7*8.408
3.163,388 37476,078
I.-M.I.3U1
II
(3.0X1
138,577
133.400
101.011
170461
1S5JS
178.737
144439
308471
80U.337
14*34*8, 3401441
1
I.41M.O* I481.»7i 9.1184*7
14774.x. ijr-
(344Sa.>.
(o4007m
.4.101 to 4.1*4 a,..
no aU.
P«. Minn. A Oaiaba)
UIbVmIiAHJHU
-j
17*40*
1.
14BH.lt/!
14784W
3418408
33,470.888
,.1.788.»ll 3.37 1.874 3408,474
.7W7.7I8 8.084.8M 84*0,787
84*8,787' I471.»0( 3433.9713.798.077
iS5o?£K»S2:{' 1^0*400
.14*1
a.S.n.177
•4M4M 3436404 84.413478
3.40H413 8.330,341 84,718,406
4**.ni 8,1 19 1.IV 1448.4a* 84» '49 8430.084,3490480 3,0(0,814 t417.7**,8B4B643*
700.»VO 34U1.UUV
01.9U0 14*34*9 t.078490
1417497 1443,** I
1.443.1:4 140X40I 84M4U
I
990.873 1.970.177
i.uw;.s',9 8.0*at8a*
8.1 I8.44H 8,14*. 4B3
14
I
1.031.746 23.481.888
1.971.397 24.301,088
3.171.331 83448447
8.191.308 87.140.784
840*494 3478.40*
—
70 9.740.130 141049*
1
3S:ffi
*i.mi$m*.i*jmg.ii
7*ffif»jS!
I
.H4.
lS^itl
ml.
4J»4
M::::::"::"-"i«4-jSiB-tl-
OMpaaa A
14R4
SB.
BM.
185,100
8.003.07O 3.011.9O4
14ft0 7«O 1481477
3.197.8U0 8.I.-,.'
I.7U8444 1.7(9,10!
111448
I07.4O7
I'
Ml
IU.701
wx
10V43H
Ht.
133,703
1,145.103
1.074.148
1,213,136
1,575,816
133403
o\:4;
('aVkii-
4.700 to
189.38:1
11").7.V'
3084; 1
lS.407toB.*46nv>.
.3.846 to 4.084 n^>
1
807433
149.950
410488
4lS4*i
Hi
Mllwaakcf- A
Bui
UM...
1SI47S
l'.-.T ;i
"llTOMO
l.OlO.OrO
847,1 It
VMm.l.
381.10
800.073
tif.l.'7
iSMm.l.
(SOBbO.
law.......
1*1478
1,508461
3834U
3(3.907
094,111
188.700
03,133
8D.10S
89.431
100,10
114.780
187487
IS10BUI.
i310m...
19S.970
M4SI
8(5.810,
710490 43.,1-v
808483 1.03(4*7
t«7*91
841473
83*463
808.735
»>4.I0I
1
378.375
418.4*8
030.700
334.019
4UAS77
80O4B*
(taSSajSay
183..V*
08.837
140,0TB
104,873
83.870
80.503
104.4*4
137,303
1.•.'.?•!
(BOBbD.
ch. Lax. Ac Bl«
i
11 I..W!
.6M44BW I.VU.7I9 l..i
,3»,S.O ..-5H.90'. 1430.40.. I.U3430
1,
iMOa.).
Cbnnapnabe
117.40*
111.315
77. Vi
87.738
1*-.H17
Total.
1.234.030 1401.839 1.301.318 1.31.3,040
400.000
1.909 1.3MS.S8S
.381.474 1.194.173 1498,784 I.m.llii l.llll.yO; 1.(04.3(4
1.
to480aO-
...(401
MO
mm
alan
70,098
88.044
115,v:3
130.812
Dee.
Oct.
'i
(4.476 to
laws—
1
>K34S
Wot.
Sept.
.
to 1.474 m.1.
4460 m.).
i4.:M91
_IMB
08.0111
113.2(4
I.
i
f*47oto*J90at-).
1..
lit.
llfl.047
An.
Jalr.
78.749
68,3*4
78.873
88,881
84.878
atcblnaa Tepeka .V
Jane.
MM
t.i
8,784.816
I
(1407.0 1414
m
..
.ii.siutol.an
.'.:r./.!'.'.'.'.'.".'.!".riia»iolJaB>nv{!
'1480 nv>.
In.l.
l^aU4VCblea«»-
84.
m
52J"-iiWTai.
A Triu r«.-
831.718
917.7.r7
BTJAVM
81*484
313.711
819406
164471
834.037
8..I.047
188.07*
187447
800.2
19W.1I3
805.1*4
8084*1
85aJM8
878JH1
l«J.n-»*
Baa,0B71
8774*7
•44,11*
1417 a.).
..(I4I7W>I**I0.J.
«t«J.
/
I
»ta.<;
•41.731
870,46X
38*434
330.731
889,133
3*3,407
niak auu
avu.i
MJT3J
**44*8
3304*4
894.490
333.711
.
37467
333430
361.716
871.103
398,0*7
S7840I
31i.80(
8K7.V31
341,161
3M3.891
437.1*1
mum
40*438
•BAM
3194*1
318.104
4*4.830
a5M477
440480
331.083
t*i.i:i;
468.450
011441
bo*:!"
037,989
078,480
o; 1.977 •706400
•91419
•93.481
•O74I0
ll*.7il
afM«7fM
410.071
348.17
•33,431
3*0441
300488
07744'
:.'»"Bt.).
303.008
800.706
346,877
838,183
5I0..10X
(I.0V*B.)
341.143
.
484.004
.'.'..'.'.'....(SjiiTnv:J:
Va. AcUaw^-'
h'
190.071
8W.JCJ8
1OH.830
it.
177.087
313.431
910. I0H
<343la>»<7"->-
O.
Ml/
108,438
179.870
191.007
317.7*4
\\\\V//^\\\Y.'.V. '.''.'.'}*» m.).
.
478.170
803,193
198,173
19I.09H
378483
068,734
®&L
84H.9.7
750.430
413.889
880,180
874471
41
•84.108
1734*1
430.017
434473
333418
513.0*1
I.
431.380
304.179
4B.31S
714,134
M.
Ac 'pare »l*r*««-t(B—
*17.000
1*4,818
<•»'>-?•
(Sola..).
wi m.)
a*.
(OAIOI
tm.ara
171 -uw
a£7*">
Ml- l-lnr A
(14*6 to
at.)..
hM*m.).
mat.).
(Mai.
MI41*
915..j;3
1*1419
118,10*
134.0*8
167.774
wfjm
"'•
Il»a^.
.2.040
ml
1.013.(11
I
I.<naj.l73
i
lll.o
,
1
•
•»
ID
137410
I
4li
U44I4
I
BU
It
174,70-1
108,168
147.419
130.541
100.081
8< 1.1,411
155400
140433
180.110
l',i,»;
168,798
1.143,340 1.891.714
1.148.814 1.34.1. ton
1.108404
1403440 l,*79.<M
1.1.1 4tw 1.514.7.»l
1.84149:
180445
118.185
174.034
1,438.683
13.1.901
154.03:1
1.330.4,'-
175,404
191.0*1
177.797
100.804
1.71...;
'13>,10l
11 :.:i,:i
>
II7.81CI
18B47B
184407
147.*%iv...«i
113403
I0I.IIZ1
7- ..HI I
77.897
114.447
8.1417
Rau3<
1
I4v:044
137:560
13*48*
•8.(01
111.14*
73493
1*040*
103.471
44,-wj.l
95.40.1
111.044
Io:.4io
I37.-4I.'
I3w,<*-i;
1
119.91.4
Mltpt
1
98.031
m
144 .31
100.141
.
HUH
131.060
110,519
148..I71
13(4
114,077
108 414
aftar aoetklr total* bad baao pabl lahao.
184.488
I0UIIS
80409
178 519
14014*8
99.304
HUH
80410
148409
180484
8l4.lt..
854478
834.073
.......no
90t.7*9
337,14*
100.114
100,198
1T3.110
1404*7
1714 B
130407
l.'.U
CjmM*
1,888.1 87 13.048.447
1. 1*4.81 J
1.274 717 18'.978440
l.lf..--U l.i.'.ll,(73
146417
anTjM
1.444.0
B7488
107.8 If
167.3*4
143481
141. f.t
•
188.78"
l'W.44.1
lll.»i •l«7,4»3
1.188.494
1,078488
1.733406
aaaa*
117.703
41,7*1
7",t*~
191.88*
143436
1314»
WW
1.
S0448
1134
1.150.100 1.03JJM
I.15*.099 1,10
i*i7.;i
i.ui. 7it 1.1*1. i»<
l.'*nn.*a<
1.17:71.' I.*-. I
1.844.(15 1414.1/4 I47,'.U9*
I.I384HB
1408,194
130,480
ij;.4.«
94.994
94.881
137.94.1
r
I
137.71"
I
'..'.'.'.(mtm.)'.
Kla3J.no 1136,000
•
136446
„';«
r.i
180440
a.
'570 at.).
- '-'•
1.000490
975.0*9 1.IJ99.73915.714 •951443
180,718
134,101
IX8L8B1
115.171
.
•
..'Mt»46UB>.).
m
111.9*5
(apP amJ.
'-
kb
497419
.«!,/*
.tt*cldaS^^SK
(SSI to 078
1.080,074
.118,719
W38.9.V
JAT.WB II. 1*5.891
.ion
«MWlol^7»£.i.
Ma.).
010,085 1.078.344
,
BS740U
171444
177.5MI
191.34V
2.«."47
'197.7*
siTlll
8404*1
944410
..'.'..(40»».)'.
V N«.h.
lUi.440
•838.13.1
1-.-..U'.
177.69*
1774IO
317464
88
.OMb.1.
(14Mlol4M«t.>.
(1483 ->.
]•.
StP
•30.834
1,00ft ro...
1
w>
171.B44
1W.47..
1449.6*0
188414
I4*l4*a
..
1
1
SUPPLEMENT.
INVESTORS'
13§
5
!
[Vol. XLVII.
MONTHLY EARNINGS OF PRINCIPAL RAILROADS— (Concluded).
,
7u*
1888a
179,898
201.6H1
181,263
161,283
104.494
167.139
8311,015
2112,137
900399
(580 m.).
1884
1886
188S
1887
1888
<580m.).
(SSOtooOOm.)..
186,992
184,986
185.519
210,495
174.919
184,938
249.461
848,836
(800 to 6*7 m.)
(827 to 880 m.).
242,094!
.
870,806
1884
188B
1885
1887o
1888
II
1.19.095
140,039
108.785
144.505
151,40'
11)3.0.8
1711.911
252,797
22-, 181
2.237.252 1.8'.6, 32411,814, 396
2.759.80H 2.3H3, 641 2.548 ,698
2." 19,8 10 a.901, 7 m 2.8.S7 080
2,819.009 8,748, 777,2,824 844
1.972,915
2.00 1.24".
2.S17.014
8,896,816
665,551
8, 677.626
2, 779,198
2, 850.191
222.720
232.203
100.7.11
167.495
178,330
868.80)
1,315,443
1.681.904
1.706.070
1,718,488
Sew England-
".....(384 m.).
(384m.).
<884m.).
Hew York Suaq.
(447 m.)..
(447 m.)
dfc
W«t.-
1884
18S5
1886
1887
1888
(144
(144
(167
(157
(157
m.)..
m.)
m.)
m.)..
m.).
1,495.541 1,787,
1.371,624 ,668,698 1.469,
1.551.486 1,798,881 1.741,
1,761,182 1.916,403 1, 86-,
1,880,477 1,952,824 1,928,
243,047
230,420
266.934
357,787
391,539
252,603
996,096
270,924
864,518
386,908
94.065
70.990
81,660
81,596
119,527
94,140
68,505
98,811
116,864
K on hern Central—
218,9117
279.305
380,801
(828 m.).
(823 m.).
(323 m.).
(377 m.).
(377 m.).
18-xl
JSv
MBS
825,857
1*0,881
221,789
299,304
350,768
213,020
229,255
(502 m.).
(502 m.)..
(511 to 533 m.).
(533 m.).
(554 m.).
"
74^82
Hoi-folk dcWeat.-
1887
1888
Total
I
214,037
t
196,001
181,188
213.769
209.B2C
1,010,194 2,437,668 2,245.487
2,980,974 8.05.1,548 3,190.361
8.338.891 3,488.' 55 8,534 900
3.273,771
8,380.931
2,885,832
3.256,301
2,31.1,184 24,495,875
1,867,857
1.980,948
2.234,859
2.309,8
1,703.838
1,912,526
2,048,512
2,183,249
1.870,383
1.172.887
1,985,149
8,029,935
20,893,899
19.559,054
23,002,507
24,464,839
808,784
339.965
381,180
409,883
254.420
309,743
347.703
448,465
989,060
311.016
320.786
425,857
3.248.718
3.449.494
3,956,311
5,010,479
99,059
105.087
10K.868
131,169
97,275
97,344
107,735
129.904
87,689
86.405
112.545
135,645
1,034,210
1,092,864
1,129,440
244,810
270,630
247,103
249.428
2.711.152
2.771.121
337,7081
2«7.il37
3,2.12,058
410,211
406,488
4,254,794
442,269
507.689
457,809
490,280
5.490.922
5,474.618
0,212 927
218,190
188.118
187,475
165.667
215,856
868,877
2r2,584
188.167!
166,381
172.812;
|xo,?;i7
Dec.
{
203.737
191,846
213.200
265.024
161.967
147,700
17S.I39
241,071
87.351
215,733
257.133
I
212,459
223.596
257,178
M88.774
I70.nr.
Nov.
Oct.
253,332
235.246
854,781
271.8s!
t
(1,622m).. 1,567,211 1.496.394
1884
188B
1888
1887
1888
143.606
129.323
"
109.S92
174,300
174,321
Erie tk Went.—
(1.822m.).
dfc
Sept.
160,669
158,045
174.356
230,714
810,689
192,896
983,811
270,148
284,487
272.181
2.14,410
878389
287.024
212,182
197.512
1
93.38,
829,94"
875,482
2,160,418
2,045,951
2.251.339
2,521.719
2,858,689
2.134.697
2.400,771
3,066,917
272,185
I,
2.045.063 32,851,015
3,229,081 30,296.024
I
(1,922 m.).
(1.822 m.).
(1.822 m.).
ew York
'.48,774
122.6.13
149.7! 2
202,300 •169,174, •212,5021 "192,258
1
(998 m.).. 2,091.422 1.393,548
(1,441m.). 8,295.095'2,;'87.83»
(1,441 to 1,447 m.). 2.714.710 2.454.831
(1.447 m.). 2.716.704 2.5S6.483
Hew Y'ork Lake
An*.
July.
128.836
155,535
199.349
206,819
H. Y. Central dc Had. Klv.18b6o
1888
1887.,
1888
12.-..428
107,790
186.275
190.950
KM. I.12
I8M.I«6
211.811
Maehvlllr I'hnit. dc HI. Loula-
June.
»
I
(588 m.).
(687 m.).
(687 ni.).
(«87 m.).
Nay.
March. April.
Feb.
.liin.
„
(628 m.).
Mobile dt Ohio-
1,815,
1,481,
1.951,
2.098
2,179,
1,569,568
1.451,933
1.887.505
2,066,573
9,081,053
859,471
968,984
320.832
430.097
378,440
275.507
262,102
314,604
411.351
410,325
273.702
200,305
303.314
376,657
424.4.19
450,079
71,704
91,09 s
8U.179
119,588
100,151
82,878
90,381
87,316
107,171
'6,381
89,781
85,294
87,204
107.770
96,471
82,970
90.222
84.057
106.284
113,639
210,298
220.410
811,522
206,484
267.559
202.486
192.827
235,701
183,889
191,767
988.186
I
277,30'
283.531
271.057
314.318
400,698
822.470
416,342
.'122,691
321x14
996,512
408,7c8
870,791
462,564
4x3,360
454,749
450,010
4 1 1 ,39
513,560
486,614
477,848
454,917
447.236
496,870
528,996
419,635
3:-4.2 i0
784.639 1,861,214 2,104,375
561,722 1.737.4.1S 1.885.894
2,061.695 9,839,87?
2, ,181,200 2,180,1175 2.183,657
1,
1,
t 985,366
1
2, ,169,944
876,217
895,907
346.509
409.301
464,991
800,794
387.248
379.544
468,773
281 ,63.x
351.611
97,017
100,696
105,888
101.358
94,846
131,475
116,655
95,41'
105.8,14
288,408
880,196
287,40'
856,280
a85.0<8
334,764
407,286 '416,495
270,010
267.374
319,225
404,724
2.88,495
477.516
411,723
449,461
5i i2,i 127
5:56,336
60x,62h
476,811
504.754
172.944
452,632
519,795
534.011
516.825
301.291
474,805
483,594
493,150
542.45S
1.2:10,5011 1,461,811
971,289 1,224,955 1,522,285
,220,368 1,372,673 1,443,667
.21111,1 M) 1,408,210 1,6;4,881
1,116,379
1.219.358
1,299,909
1,640,140
97.841!
118,968!
183,287
390.772
477,132
102.817
131,023
185,824
210,4781
614.947
452,441
398,618
889,0*9
480.96!
488,990
454,751
614,103
553,582
480.330
671.421
703,607
520,085 978,956 1,441,511 1,287,805 1,143,183 1,022.438
669,964
691,618 877,665 901,100 1.012,807 1,000.011
594.240 858,116
983,731 1.077.356 1,100,086
993,484
525.728 1,030,679 1, 181.00* 1. 049.2 18 1,149,102 1.8i'8,5?6
938,085 1,207,176 1,444,868 1,537,289 I,6l0,li>7 l,e03,685
1, "32,(102
302,145
300,301
386.872
341.591
305.759
390.697
292.9:0
306,476
888,994
870.198
300,294
270,079
312,756
275,480
998,085
296,192
857,185
864.201
308,119
297.924
289.313
882.208
881,799
835.431
822,692
275,591
353,709
334.313
378.100
409.911
'874,248
357,152
344.619
354.880
393.201
408,054
367.747
413,13?
804,827
281,023
267,879
274.430
311,028
290.678
988.819
224,867
236,1-8:1
428,201
326,030
305,781
240,810
443,247
828.859
405,876
421.881
414,374
528,094
331.381
443.468
460,081
422,776
387,716
577.560
234,618
435.144
339.461
480,345
486,428
507.550
314,7211
254,445.
381.418
847,909
420,858
467,103
558,733
3,906.174 3,989,085
3,704,890 8,800,409 3,735.638 3,683.105
3,802.61 4.178,580 4.336,101 4.356.67?
416.040 4,011.851 4,88 7,370
4,342.834
4,650,045 5,027,759 6,080,400 4,622,41 •
4,617,894
3,956,306
1,585,390
5,022,012
1.458.871
4.276,628
4.674,052
5,006,56-
409,846
401,216
4011.123
460.14'
514.022
486,081
416,2191
432.536
554.4"4
551,260
510,427
451,370
285,981
334.712
433,861
1396,184
6,681378
562,345
northern Pacific—
(2,449 to 2,453m.)..
(2.453 to 2,691m.)..
t 2.741 to2,8»2m.)
(2,895 to 3,277 m.)
(8,277 m.)
1884
1885
1888
1887
1888
Ohio A
>1
1
1
758,229 12,613,305
775,37 11,349.699
899,665 12,329.562
1,181,773 13,851,320
1653193
,..ii. Ux-i
1884
1886
1886
1887
1888
Oregon ltnilway
1884
1889
1886
1887
1888
&
(616
(616
(616
(916
(616
m.)..
m.)..
m.)..
m.).
m.)..
274,180:
295.219
Kav. Co.—
Mm.)..
(667 to 685 m.).
(685 to 712 m.).
(74210 752 m.)..
(752m.)..
274.219:
272,698
89.1,701
407,977)
437.548
478,053
389,789
481.735
444,731
580.697
D50.i'5:l
487,248
276,038
301,961
386,664
337,328
283.070
312,904
»96,918
315,919
3,702.959
3,679.915
3,827,882
4.128.305
482,188
666.212
653.300
615,049
41:1.11011
852,035
492,450
403,152
539,849
4,308.341
5.102,738
5,344.968
5.376,837
3,769,328
4.046,682
4,428,216
4,892,954
48,566,011
45,615,037
305.0,13
629,672
519,182
676,057
Penney! vania—
(All lines east of Pittsburg & Erle)(+2,036 to 2,202 m.).. 3,574,
(+2,202 to 2,250 m.).. 3.277,
(+2,250 to 2,322 m.).. 3.421,
(+2,822 to 2,846 m.).. 1.851,
(+2.346 m.).. 4,11)3,
1884
1886
1886
1887
1888
3.426,
3.075.
3.5,9.
3.1188.
4379,
4.(102,
8.886,
8,901,
4.4'0,
4,526,
4,1,16,80?' 4,267,173
1.447,547
3,950.937
4,8.19.174
3.1.71,539
4,?37,35t
4,989,62!
4.347,818
4,735,154
3,703.150
3,698,791
3.696,893
4,106,996
8380,898
381,172
305.397
439,427
429,179
425,516
425,721
604,034
371.278
365,998
421,974
445,38
366,710
848,132
340, t48
395,99
3,873,724
3.971.629
4,060,285
4.381,392
83,098
70,349
67,304
85,835
775,527
808, 100
783,444
870,416
688,321
6H5.580
610,324
523,934
50379,088
55,671,308
Philadelphia A- Keadinc1884
1885
1886
1887
1888
(040
(940
(940
(940
:.
m.)..
m.)..
m.)..
m.)..
2,478
2.011
2,193,
2,142,
1,982,
2,008 571 2,6:16
1,263 ,068 1,389.
2,216,
(910m.)..
& Danville—
(767 to 774 m.)..
Richmond
1884
1886
1886
1887
1888
986389
(774m.)..
.
Charlotte Col. dc Augusta—
(337 to 878 m.)
(373m.)..
(373 m.).
(373 m.)..
1884
1886
1886
1887
1888
.
(873m.)..
...
Columbia
1884
1886
1886
1887
1887
VI ml n hi
A;
Greenville—
(294 m.)..
(296 m.)..
(298 m.)..
(296 m.)..
(296 m.)..
Mldland-
1884
1886
1889
1887
1888
(858m.)..
(355m.)..
I
lil«.;i
64.27K
80,080
61.380
86.931
96,753
95.477
91,9-2
109,828
84,558
74,929
88.148
30,974
24.052
25.03H
30,880
31,682
28,219
29.910
36,897
87.879
41,327
37,547
87,854
49,061
51,130
63,400
41.848
50,728
98,019
88,737
73,140
66,801
81.162
76.919
68,050
72.740
83,397
78.734
128,433
1181193
121.908
137.608
161,079
181,306
132.681
149.898
144,753
155,023
151,894
171,810
170,268
173.356
171.266
178,776
167.505
152,939
164,614
101,508
122,7)5
130,501
137,087
144,236
115,814
123.276
113.075
141.346
1,653,123
33,719
48,794
46.821
49,189
68,793
56,85'
42,879
47,866
60,886
1.8,55,1
41,513
46.771
52.757
62,804
88,689
44.399
48.277
50,535
37.246
39.575
42.165
52,541
435.789
477,990
535,995
682,781
188,023
230.751
195,452
241,942
173.223
209,598
169 .881
218,633
1,876.495
2.237,552
61.453
72.2x4
88,802
89,358
741,150
766,318
803,991
3.12.01?
4.648396
378,542
504,641
510.747
4.383,408
4.874,027
6,229,345
8.314,197
7.521.138
7.427.339
8,737,834
82,66'
(267 m.).
(2(17 m.i.
(267 m.).
140,287
154.189
160,689
1S6.473
139,521
124,89*
157.4:t9
193,732
177,904
150,707
146.918
149,755
147.521
134,665
188.659
152.35i
184,868
173.575
160,771
173,324
213,491
141,704
96,878
73,038
61.187
66,848
74,780
74,227
68,058
60.410
78,562
74,390
71,434
68.099
41,2*8
76.267
62,788
55,416
47,796
54,006
67,645
87,720
44.801
47,534
53.270
44,596
52.817
67.183
69,162
66,342
58.26'
818,759
909,780
275.313
869,179
892,693
322,805
300,822
427,533
307.863
359.082
554.407
460,287
889.003
869,499
356.809
828,66'
354,809
481.072
411,396
395.873
339.37'
452,570
462.120
405,539
407,446
896.817
702,04!
570,011
601,910
789,562
718.408
616.750
6S6.657
610,359
921,19'
712.165
811.615
479.694
Branches—
(1.475m.).
Co-
(4.885 m.).
(4.585 to 4.696 m.).
(4,69610 4.940 m.).
(6.408 to 5.576 m).
(5,576 to 5,621 m.).
UK
68,992
5S.181-
74.085
78,089
•2X5.544
381.280
390,944
4.19.2.10
410,15'
434. son
482,421
555,015
2,846,486 8,111,647
2,008.420 2,456.197
2.603.052 2,239.649
3,246,765; 3,462,791
14.1,823
338369
473,261
415.278
679303
730.7*9
489,542
433.462
572.51"
743,155
2.780, 789 2.817,
2.275. 33812.340, 280,2,51 '6,
2.4011. 122 2.553, 673 2,789,
3,035, 814 3.031, 586 1.211.1,
3.X1I2. 890 :',-.07 89.. 3,864.
j
89.1(51
63.61 6
66,762
419.46'
479.772
406.973
196381
133,797
151.928
88388
86,161
93,675
62,191
75.309
78,695
94,975
75.509
60,851
86,3~
69,7.15
88,773
106,136
80,440
93,138
462,943
394.805
479,565
593.190
512,758
477.804
519.4U4
619,181
396,95?
466,824
459.748
032,209
454,960
433,488
868,445
460,048
587.376
615.184
905,156
580.38'
571.526
621,344
825,208
571,768
696,009
897,764
681.934
790,000
738,58'
359.111
315,924
405,267
.127,372
60.007
78.006
84,700
78,011
54398
61,278
1.591
1.'
IDS
1.553.509
1,3118.892
1)02,480
1,014,862
879,440
819,439
747.578 1.004.789
819,799
950,05?
847.800 1,061,933
869,607
810.314
1,109,843
700.161
903,264
2.410,271 8.467,84(1 9,886,668 2,973,249 3.087,710
2,463. lt-8 2.522,045 2.666,572 2.863.805 3,044,402
2.591,72'., 2.717,197 12.807.911 .1.04,1 .985 2.975.812
i.o.M.O-S 3,203,8ol :;,716,57s 8,411,883 3,912,714
3,721,714 8,789,868
2.832.656
2,714.021
2.900.611
3.735,224
9.609.831
2,725.371 30,578.873
2,Mi)4,516 82,110,158
3,632.80* 38,773,149
2.414,238
2.429,279
2.319,5sfl
86,967380
2,348.48
21,925,171
2.3.11.431
2,343343 26.603,707
8,597,585
2.243.172 28,557,768
01.1,11.10
765.184
I
1884
(4,25(1
•525
JgSS
(4.478 to 4,519 m.).
(4.519 to 4.594 m.).
(4,694 to 4.771m.)
JE
«*
48,070
56.259
51,573
60,703
71,493
42,873
(1.475 to 1,800 m.).
(1,850 to 2,1151 m.l.
(8,685 m.).
Pacific—
40,879
45.982
49,246
55,223
67,595
(290 m.)..
53.483
62.853
2,542,181 36,879,664
2,994,035 34,796367
2.9111,887 35.603.897
3,889.078 41,559.777
38.299
42,745
44,489
80.834
49,704
43.068
66.990
48,910
45 83"
1311.67'
1
888369
29.689
35,192
44.088
(1,327 to 1.471 m.).
J886
J886
JS2
1888
36,93
35,617
89,316
27.503
37,776
4,320,8'.)
895,148
32.184
36,437
32,713
57.334
52,724
A
la*}
46,728
39,481
41,003
30.649
33.881
8.921,rxl6
315,910
33.834
37,273
40.683
86.807
46,961
(290m.).
Pacific
69.767
69,026
78,587
60,148
57,960
47,87'
49.187
58.048
8,315,475
3115,365
31.054
87,972
U. Main l.ine-
1887'
48,241
48,286
337,38'
293,147
322,961
331.088
35.083
33.016
42.308
49.537
56,891
1884
(138m.).
1886
(138 m.)..
1888
(188 to 188 m.)..
1887
(188 m.;.
1888*
(203 m.)..
eH. Loala A: Han Francisco—
1884
(776 to 815 m.)..
1885
(815 m.)..
1886
(815 to 9.10 m.)..
1887(968 to 1.190 m.).
1888+
(l,218t 1,819 m.).
hi. Paul Minn.
Multiloba.—
Southern
54,816
52,828
53,862
54.089
57,470
250.923
272.277
286.591
29.212
33.865
84.574
49.949
50,674
.
„1888«
68,232
75.578
82,100
76.365
83,002
881,819
266.294
999.834
296.661
298,451
180.232
(274to290m.).
1886
1886
80,017
66,873
69,889
281,114
800.251
330,719
121.488
144,983
(206 to 274 m.).,
(274 m.)
1884
70.311
292.0'
320.797
304.014
837.341
137,368
126.776
122.580
1884
1886
L. Alton dt T. II.
71,988
98,359
209,329
801.09'
180,841
128.190
126,327
1886...
1887.
tit.
66,949
72.343
63,714
44,383
67,864
79,6311
317,181
4,189,9)5 3,490.135
1.166.616 3,539,394
3,302,028 3,482,928
1.035,480 4,103,091
119.363
181,135
122.041
134,764
133,803
(355 m.)..
(355 m.)..
XT.
82,931
81,091
84.912
856499
890,592
892.514
361.344
882,666
3,884,737
3.053,399
3,187,845
3.603.096
4,833,788
109.590
97.905
105.018
103.720
129,914
Weateru North Carolina—
1888
All.
18861
1887*
1888T'
65,376
80.494
63.508
68.576
84,257
.1.043,
107,115
106,004
93,832
110.281
125.832
(WSm.)..
Pit. I..
888,766
309,890
346,513
345.412
398,204
325,653
27M.527
327,040
873,796
(797 m.)
(797 m.)..
,797 m.)..
3,121.866 S.76C.976 2,486,296
2.710.1211 2,825.928 2.871,549
2,452.92" 2.947.884 2,096.796
163'2,958,422 3,174.436 3,38 1,6! 8
2,657 952 3,061,814 3,623,270 3,831,398
8,370,
2.267,
8.5WO,
to 4.47Bm.)
(4,771m.).
1,531,694
1,674,949
1.428,029
1,737,353
1,787,832
,510.754 1.965, 497 2.116, 520 2.099.
1.503.941- 1,975, 61? 1.9x7. ,191 2.007.
1,6 '5, 141 1.954. 20s 8,118 44o!a,211,
1.075.1111 2.571, 866 8.842, ,156 2,188,
1,917,9:181^,51.3, ,108 2,539 ,948 2.312
J
;
3,375,899 2,417.710
'•
2,304,990 2,381,130
2.263.821 2.442,068 2 .887.781
2. ."."". 82- 2.479..172 1,539,599
'.'.111.2118 2,541,0041
2,486,82'
2.649.214
2,518.182 2.70-.027
2.517.793 2,785,154
2,748,980 2,934,466
1
Approximate ngures.
And 99 miles of canal.
t After deduction 1444,386 charged off by Mr. Adams on assuming office.
7 Including Indianapolis
a Includes 8t. Louis A Cairo
b Not Including West Sbore.
Knirn October 1st earnings are given after deducting proportions due to
leased roads operated on a percentage basis, so as to preserve the comparison with olher years.
•
A St. Louis.
•
.
September,
.
w
.
.
.
.
139
INDEX.
1888.]
INDEX TO XAMES OF
RAILROADS.
With the numerous changes which are constantly taking place in the titles of various railroad companies by reason of
&c. it frequently occurs that much difficulty may be experienced in looking up the name of a
former company in the tables of th-? Scpplemext. To obviate this difficulty, and to facilitate reference to any name, whether
foreclosures, consolidations,
new or
old, the following index has
been prepared
:
KILL NOW BE FOUM> CTDKB—
rORXKB XAMB.
Alabama Central
Albemarle * Raleith
Albta Knoxrllle A Dea Moines
Ea«t Tcnn. Virginia * Georgia.
Wilmington A W. Mini.
Chicago Burling
A qulncy-.
Lackawanna A Pittsburg.
Allegany Central
Italian Dock A Imnroveml Co.. .Central of New Jersey.
Androscoggin A Kennebee
Maine Central.
AahtabuU A Pittsburg
Pittsburg Yoongstown A Ashtabula.
Atchison A Nebraska
Chicago Burlington A (Julncy.
Atchison A Pike's Peak
Central Branch Union Paclflc.
Atlantic A Great Western
New York Pennsylvania A Oblo.
Atlantic A Gulf
Savannah Florida A Western.
Norfolk A Western.
Atlantic kUeataatppt A Ohio
('ana Inn Pacific
AtanUc A Northwest
Augusta A KnoxvlLe
Port Roy al A Weetem Carolina.
A
Baltimore.
Cincinnati Waab.
Cleve. Columbus Cln. A Ind.
Baltimore Snort-Line
Bollrfontainc A Indiana
Belleville A Caroudrlct
Belolt
Madlaon
Boaaeville Bn.lg.-
St.
tauls Alton
A
t
.
.
h western
.Kit.
bburg.
M. A So.
M. A So.
I.
I.
Calm Vlaesanss A Ohleago
California a Oregon
California Southern
Central Pacific.
Atchlaon Topeka A Santa Fe.
United New Jarasy.
....
Camden A Ami*..
Canadian Pacific
.
Cwrt aa rta ls A Shawaestowa
Cayaaa Boot hern
Cedar Rapids A Clinton
.
.
ago Kansas A ft e-tera
Chicago A Michigan Lake Snore
Chicago Milwaukee A N.
Chicago A Milwaukee
Chicago A onio River
A Padfle
Chi.
-
.
W
Peoria
>
A ettauis
A
iNaniaKr A
Cailforn a
Chicago
Chicago
Chicago
Chicago
>
Paul
St.
....
.
.
A
A Minn
A Southweatern
A Springfield
A To.uah....
Wln.on.ln A Minnesota
A Santa
Pc.
Jacksonville Bwrtheastora.
Chicago A lows.
Al-kleoo Topeka A Santa Fe.
Northern
Loul* A Now Orleans.
_ J St.
X 1-ouls
Paducah
Chkugu
n T»p»k*
Chicago A Northwestern.
Chicago A Nort h west.
Chicago A Kothwcsiern.
Chicago Milwaukee A St. Paul.
>
iRockford
.
Ullnot* Central.
St.
Loul* Alton A Terra Haute.
ML Paul Minn. A Omaha.
a Pacific
Chic.
.
. .
wJu Central.
Chicago
A Northwes tSTB.
Wls.ou.In
latlAHaltln..all A Chicago Air Line
n.
i
Wash A
Inuatl
Baltimore,
Chicago St. Loul* A Pittsburg.
Oartnnatl A Eastern
Ohio., Northwestern.
Clnelnusti Hamilton* IodUnapolla. Cincinnati llanillton A Dayton.
Cincinnati.
iatl
Cincinnati
1
,
Is
i
A Chlcn.
Van Wert A Michigan
A Chic
Lafayette
.11.
.Cincinnati JaeasoB
.
A
Mackinaw.
Cleveland Mi. Vrrnou A Delaware.. Cleveland Akron A Columbus.
Cleveland PalnasvlllsA Aahtabula.. Laks Shore A Michigan Southern
Cleveland A Toledo
take Baata a Michigan Southern
CleveL Tuscarawas V. A Wheeling
level .ml
rain * IThnailnt
Cosard'Alene
Northern P
Cotambta A Augusta.
charlotte Columbia A Augu.la.
OaL Chicago A Indiaaa Central.
i A Indlanapolie Central.
.Chicago St. Loul* a Pittsburg.
(
I
I
A Bom.
A Toledo
A Western
Valley
A Toledo.
Savannah A Western.
a Connecticut Western.
Cleveland
Central of Vermont
II artf.,
•akota Central
Chicago A No. West.
Chicago Milwaukee A St Paul.
ChlrTA East Illinois.
Chicago A Obl Rive-.
Chicago A East. Illinois.
Chicago Milwaukee A St. PauL
Dayton Korl Wayne A Chicago.
Davenport A Northwest
Dayton A Ironton
DeeoturA East St. Louis
Denver Metnpni. A Atlsntlr
Denver a Me » O.l-ans
Denver Paetfle
01 ?**. * Mlansapoli. ...
SSL*
Detroit A Hav«v,
gaf/olt M'ofcinae A Msr>|uette
Milwaukee
oe A Toledo
A Baaalhal
i
AC:
M-xir.n NattaaaL
Kentucky Central
Atchison Topeka A Bants Fc.
Kanaaa City Fort coott A Memphis.
.
Wsoaah SU I^to A PaatBoT^
Missouri P. cms.
A
.*
A
Gulf
U. Ion Pacific
.go A No. Western.
Dulmh Sou
„ lr »l.
in H ,....
I.. ke
shore
Phlitpalmrg
A MaaRsho
..
AW
Florida Central A Peninsular.
Florida Cential A Peninsular.
Florila Cential A Peninsular.
Florida CVni rul A Pen naular.
St. Louis A San Fraoolseo.
O d Colony.
Florida Central
Florida Central A Western
Florida Railway
Navigation
Florida Transit
A Van B ir.n Bridge
F.Btiiinghaiu A Lowell
Fremont FJkhorn A Missouri Val... Chicago A Northwestern.
Galena A Chicago Union
Chicago A Northwestern
Georgia Carolina A Northern
Seaboard A Roanoke.
Oraad Haven
Chlrago A West Michigan.
Grand Rapid, tanning A Detroit
Detiolt Luislng A Northern.
Grand Rapid* Newaygo A L. Shore.. Chicago A West Michigan.
GrandRlver Valley
Michigan Central.
Great Western of 1S5J
Wabash St. Louis A Paoinc.
Green Bay A Minnesota
Green Bay Winona A St. PauL
Greenville
A Columbia
Columbia A'GrecnvUle.
H.nnii..il
A
liantilhal
A
Missouri Kansas A Texas.
Wabash St. Louis A Paclflc.
New York New Haven A Hartford.
Chicago Milwaukee A St. Paul.
•'.
ntral Missouri
Naples
Harlem A Portchester
Hastings A Dakota
Hon
1
lent
Boulder Vs'.l.-y A HutA Northern
Noitheru Padflo.
Northern Paclflc
Northrin Picltlo.
..
H- en* A Red Muontaln
rwoo Bridge Co
Wsyae A Monroe
.
A
.lie
Nashville.
A Pere
H.iv.n A Northampton.
Missouri Kmium A Texas.
Hudson A River Falls
Cblc St. Paul Mum. ip. A Omaha.
Humeatun A Shenandoah
< hlcsg
Burlington A
my.
Huatinburg Tell City A Caunellion Louisville Evanavllle A St. Ixials.
Holly
Flint
Holyoke A Westfleld
Houston A Great Northern
>
New
OH
.
.
I llnobKirand Trunk
Illinois
Illinois
Chicago Burlington
Southern lows
In liana Bloom! u. ton A Weafn
lamanapnlls mi a Lafhyette
Indlanapnil*
A
(Julncy.
TorreHauto A Peoria.
Wabash St. Louis A Pa. Iflc.
Midland
A
Ohio Indiana A Western.
Cm Indianapolis St. Lonla Chla,
I'm lndiiinn|Mills St. tauls A Chic
Iudlsns|iolis lieeutiir A Wertern.
Missouri Kansas A Texas.
Detroit tanslng A Northern.
Burtlngton Cedar Rapids A North'n
Chicago Milwaukee A 8L Paul.
Chicago A Northwestern.
A
...
A
Cineinnatl
IndlanaooDs Decstur A Sprtngfleld
International A Uroat Northern
Ionia A Lansing
Iowa CHr A Western
Iowa A Dakota
Iowa Midland
Iowa A Minnesota
Chicago Milwaukee A St. PauL
Iowa Southern A Missouri North ..Chicago Kock Island A Paclflc.
.
Jackson Lansing
A Saginaw
Michigan Central.
Northern Paclflc.
take Shore A Michigan Southern.
James River Valley
Jamestown A Franklin
Jeis.v SAOTC Pine Cr.-.-k A Huflalo Pine ( r.-.-k.
A Chicago
jo A Alton.
Junction A Breakwster
Delaware Maryland
Juliet
A Gr.
Kalamazoo Allegan
Rapids
.
.
Kalamazoo A South Haven
Kalamaaoo A White Pigeon
Kanaaa City A Cameron
Kansas City A Eastern
Ka-isaailty Enipiils A 8
Kansas City tawrrace A So
Kansas City A Omaha
-'.
Jos.
A
Virginia.
Lake Shore A Michigan Southern
Michigan Central.
Lake Shore A Michigan Southern.
Hannibal A St. Joseph.
Missouri Paclflc.
A Santa Vt.
A S.nu Fa.
md Island.
Chicago Burlington A Uitlucy.
Chicago * Alton.
I
i
•.-»*
Atchison Topeka
-
A Council B
Kansas City St. tani* A Chic
Kansas City Southeastern A Mcmp. Kan-.
Kansas City A Southwestern
St. Loul* A San Kraiieisro
Kansas It v Sprlngflrld A Memphis Kansas City Fort Soot A Memphis.
Kansas City Topeka A Western
Atchison '..|» k a A. Santa Ke.
Kanaaa Midland
Kansas A Missouri
Kansas City Port Seott A Memphis.
Kansas A Nebraska
land.
Kansas Psclflo
Union Paerao.
Kingman Pratt A Western.
A tchiann Topeka A Santa Fe.
Knoxvllle AOhlo
East Tennessee VlrgtnlaA Georgia.
(
'
\
St.
Lafayette Blooralngton
A
A Western.
Louis A Pacific.
Piitsburg Youngatown A Ashtabula.
Missouri PaottU.
Atohlaon Topeka A Smta Fe.
Atchison Topeka A sauta K».
Miiuole ..take Erie
Lake Erie Wabash A St. tauls
Lancaster* Reading
tawrenoe
Leavenworth Atchison A N'weat
Leavenworth Lawrence A Galv
Leavenworth Topeka A Southwest.
Leeds A Fannlngton
tahlgh A Wilkcsbarre Coal Co
taroy A Caner Valley ...
Wabash
Maine Cent ral.
Central of Now Jersey.
Missouri Picltlo.
Missouri Paclflc.
Chicago Burlington A (Julncy.
Jacksonville Southeastern.
Missouri Paotflo.
Missouri Paclllo.
New York take Erie A Western.
Chicago A Alton.
A
Southern
Northwestern
A Western
I.llte Hock Junction
I.l'tle Rock A Fort Smith
/ui t Do. k Ootapaay
irt River
Lexington
Lincoln
A
A
<
Atlantic.
Milwaukee
w——
Milwaukee
'm. in nail A l<oxtngton.
I/iul»vllle N. Albany
St. I^iuls
Loul.vllln A St. I/uils
A
St.
^^ A
ii' iia tt aaooga
uern Pacific.
Paul A In.
.
tawell
A
Loou.
lyiitlsrlllo
A-
Niishvillc.
Louisville Kvnnsrtllo A8t. Louts.
la k
lieastern.
i
tawrenoe
Boston
A
Lowell
A Angnsta
Georgia RR. A Ranking Co.
Central Railroad A Hunk. Co., (la.
M shooing Coal
...Luke Shore A Michigan Southern.
Manitoba A Southw. Colonisation. .Canadian Pa Inc.
rj nclnnatl Waab. A Baltimore.
Marietta A Cincinnati ...
JTIseon
Paul
St,
i
A
St.
Reading A Columbia.
I
A Michigan Southern.
*e3a
hli iigo
Wash
iSaortUse...
Chicago A Northwestern
Eastern (Mass.)
European A North American
Maine Central.
Evansvtlle A Crawford* vt lie
Evunsvllle A Terre Haute.
Evanavllle Henderson A Naahville.. Louisville A Nashville.
Evanavllls Roekford A Eastern
Louisville Evansvtlle A St. Loul*
Fargo A Southern
Chicago Milwaukee A St. PauL
Florence El Dorado
Atchison TofM-ku A Santa Fe.
taulsvillr
v
(
pnlath
Eln, Ira state Une
Elraira Jeff. A Cantndalgua
EacanabaA Lake Superior
Essex
Lltebfleld Car.-oiiUin
I
I
Manitoba.
Norfolk.
I
ii.-
at Western
J Valley
Coaaotidatra Vermont
Corpus f hrl.tt Sao D. A Rio O
Cortegton A ly-iington
Cowley Sumnar A Fort Sastth
correal Rivrr
1 8na berB
!*,
JS*
i
Daavtllc*sft"*
A '(rape. Creek
Danville Olney A Ohio Hlver
Danville A Vin.-cnnes
A
N. Y. Plnla.le phia
Lehigh Valley.
Nortollt Southern.
Tioga.
Northern Central.
I
.
I
A
St. Putil Mliineiutulla
'
II.
St. L -uis Alton A Terre Hants.
(ssneva Ithaca A t-ayre
Burlington Cedar Rapid* A
Cedar Rapid. Iowa Kail. A N. W....Buriiiigtnn Clar Rapid* A N.
Cedar R*i>lil* A Missouri River
Chicago A Northwestern.
Central Iowa
Iowa Central.
Cherry Valley Shan n A Albany... I>elaware A Hudson Canal.
Chicago Clinton Oaboqoe A Minn rhic. M A St Paul.
Chicago A Ureal Eastern
Chlrago St. Louis A Pittsburg.
Chicago A IlllaoU River
Chicago A Alum.
Chicago Iowa A Nebraska.
Chicago A Nortliwestern.
Chicago K«ek Island A Paclflc.
Chicago Kanaaa A N.braska
.
Eaat Tennessee A Georgia
East Tennessee A Virginia
En-tern of Minnesota
Ka tern Shore (Mil.
Bastoi v Ainboy
Elixab .. City A Norfolk
Fort Smith
New York A New England.
Brunswick A W.»tern.
Lake Shore A Michigan Southern.
.Western New York A Pennsvlvsm*.
Western New York A Pennsylvania.
Chicago Burlington A (Julncy.
Chleago Burlington A (Julncy.
Mlssoarl Pacillc. St. L.
Missouri Paclflc, St. I.
St I> ulaAi air..
Missouri Kansas A Texas.
EastTenn. Vlrgiuia A Georgia.
EastTenn. Virginia A Georgia.
A
Piirhi.nrg
Cairo Arkaaaas A Texas
Cairo A Fahoe
Cairo ASt. Lotus
Csiro A Vlncenn-
Am—- Centra!
A Tex ss.
Old Colony.
New York A Nc w England.
Buffalo A Erie
Buffalo New York A Philadelphia
Buffalo Pittsburg A Western
Burtlngton A Missouri River
A Sou
Terre Hunts.
western.
Missouri Kansas
Boston Barn A Oardn. r
Boston CUn Fitch. A New Bed
Boston Hartford A Erie
Boatna Hooaac Tunnel A Western
Boston Providence A Plsbkill
Brunswick A Albany
Burlington
A
WILL HOW BE POUND tTMDBB—
roBVKK HAMB.
KastLlne A Red River
Macon A Western
.
Marietta Mineral
Marietta Pittsburg
Maple River
&
Clove
Marquette Houston
A
Massawlppl
Kentucky Central.
A Lexington
•
Kans .9 City Fort Scott A Mempbis.
LouisviUe A Nashville.
Chesapeake Ohio & Southwestern.
Chicago & Northwestern.
Manhattan Elevated.
Metropolitan Elevated
Michigan Central.
Michigan Airl.ine
CInciunatlJackson A Mackinaw.
Michigan A Ohio
Lako Shore A Michigan Southern.
Michigan So. A North'n Indiana
N. Y. Susquehanna A Wi stern.
Midland of New Jersey
Chicago A Nonhwes tern.
Milwaukee A Madison
Chicago Milwaukee A St. Paul.
Milwaukee A Western
Chicago St. Paul Minn. A Omaha.
Minneapolis Eastern
Minmap. St. P. ASaultSte. Marie.
Minneapolis A Pacific
Minneap. Sault Ste. Marie A Atl'tle Mlnneap. St. P. A Sault Ste. Marie.
Minneapolis Union
St. Paul Minneapolis A Manitoba.
Chicago Milwaukee A St. Paul'
Minnesota Central
Chicago St. Paul A Kansas City,
Minnesota A Northwestern
Minnesota St. Croix A Wisconsin. ..Wisconsin Central.
Chicago A Northwestern.
Minnesota Valley
Central Vermont.
Mlssisquoi Valley
Mississippi Central
tChic. St. L. N. O.) Illinois Central.
Chicago A Alton.
Mississippi River Bridge
Northern Pacific.
Missoula A Bitter Root Valley
Missouri River Fort Scott A Gulf . . Kansas City Fort Scott A Memphis.
Missouri Pacific.
Missouri River RR
Missouri A Western
St. Louis A 8an Francisco.
Northwest A Florida.
Montgomiry A Florida
Montana Central
St. Paul Minneapolis A Manitoba.
New York A Greenwood Lake.
Montclair
St. Louis A Chicago.
Mt. Olive Coal
Memphis Kansas A Colorado
Memphis A Ohio
Memphis Partmah A Northern
Menominee River
•
St.
St.
St.
St.
St.
St.
Nashville Florence
A
Sheffield
Nebraska
Newark A New York
,
New Bedford Railroad
New Castle A Chenango Valley
New Jersey Midland
New Mexico' A So. Pacific
New Orleans Jackson A G. N
New Orleans A Mobile
New Orleans Pacific
Newport A Richfcrd
Newtown A Flushing
New York Elevated
New York A Manhattan Beach
New York A Oswego Midland
New York A Rockaway
N. Y. Woodhavi-n A Rockaway
Nlles A New Lisbon
Bt.
8t.
8t.
Ottawa A Bur tauten
Ottawa Oswego A Fox River
Oitumwa Cedar Falls A St. Paul
Oxford A Clarksville
Nashville.
A Pacific.
A Passumpslo.
Connecticut
Paris
A
Decatur
Pekin Lincoln
A
Decatur
Peninsular pf Florida
Peninsular (Mich.)
Penokec
PtnsacolaA Atlantic
Peoria Pekin A Jacksonville
Pittsburg Bradfoid A Buffalo
Pittsburg A ronncllsville
Pittsburg A State Line
Pleasant Hill ADe Soto
Portland A Kennebec
Port Royal
Prairie
Pueblo
du
Cliien
A Arkansas Valley
Quincy Alton A St. Louis
Qntacy A Palmyra
Quincy A Toledo
Quinoy A Warsaw
Louisville
Bunbury
A
Nashville.
St.
Maine Central.
Port Royal A Augusta
Chicago Milwaukee A St. Paul
Atchison Topeka A Santa Fe.
Chicago Burlington A Quinoy.
Hannibal A St. Joseph.
Wabash 8t. Louis A Pacific.
Chicago Burlington A Quincy.
A
Chicago
Paeifio
A Erie
A Lake Superior ..
Taylor's Falls
Tarkio Valley
Tebo
A
Neosho
Terre Haute
A Omaha.
A
Southeastern
A
Northwestern.
Chic. St. Paul Minn. A Omaha.
Long Island.
Elmira A Lake Ontaiio.
Atchison Topeka A Snnta Fe.
Savannah Florida A Western.
St. Louis A San Francisco.
Brooklyn A Montauk.
Norfolk
A Western.
Louisville
.
A
Nashville.
Savannah Florida A Western.
Atchison Topeka A 8auta Fe.
Atchison Topeka A Santa Fe.
Atchison Toceka A Santa Fe"
Chleago Milwaukee A St. Paul.
Cumberland Valley.
Asheville
A Spartansburg.
Northern
Pacific.
Central of Vermont.
Sterling Iron A Ry Co. (seeMisoel's)
Pittsburg Cin. A St. Louis.
Atchison Topeka A Santa Fe.
Philadelphia A Erie.
..
Paul A Duluth.
Chicago Burlington A Quinc.f.
Missouri Kansas A Texas.
St.
Evansville
A
Indianapolis.
Mexican National.
Texas Mexican
St. Louis Arkansas A Texas.
Texas A Bt. Louis
To edo Ann Arbor A North Mieh.
Toledo Ann Aroor A Cadillac
To'edo Ann Arbor A Grand Trunk. .Toledo Ann Arbor A North Mich.
Toledo Ann Arbor A Mt. Pleasant.. Toledo Ann Arbor A North Mich.
Toledo St. Louis A Kansas City.
Toledo Cincinnati A bt, Louis
Toledo St. Louis A Kansas City.
Toledo Delphos A Burlington
i
Danville.
Louis A Pacific.
Pittsburg A Western.
Baltimore A Ohio.
Buff. Rochester A Pittsburg.
Atchison Topeka A Santa Fe.
Wabash
A Manitoba
A Omaha.
Paul Minneapolis
Cincinnati Sandusky A Cleveland.
Cincinnati Sandusky A Cleveland.
Cincinnati Sandusky A Cleveland.
Sumner County
Toledo
Chesapeake Ohio A Southwestern.
Pittsburg Painesville A Fairport.
Terre Haute A Peoria.
Peoria Decatur A Evansville.
Florida Railway A Navigation.
Chicago A Northwestern.
Wisconsin Ci ntral.
St.
Chio. St. Paul Minn.
Chic. St. Paul Minn.
RR
Col.
Missouri Pacific.
A Pacific
Sterling Mountain
8teubenville A Indiana
|
Paducah A Elizabrthtown
Painesville A Youngstown
Joseph
Joseph
.
South SidetVa.)
Southeastern A St. Louis
Southern Georgia A Florida
Southern Kansas
Southern Kansas in Texas
Southern Kansas A Western
Southern Minnesota
Southern Pennsylvania
Spartanburg A Asheville
Spokane .v Palouse
StansteadS. A Chambly
I
Pacific of Missouri
.
A St. Paul
Smithtown A Port Jefferson
Sodus Bay A Southern
Sonnra
South Georgia A Florida
South Pacific (Mo.)
South Bide (L. I.)
Long Island.
Manhattan Elevated.
N. Y. BrooklyuA Manhat.Beaoh.
New York Ontario A Western.
Long Island.
N. Y. A Rockaway Beach.
Cleveland A Mahoning Valley.
Richmond A
Paul
Sioux City
Sioux City
(Chic. St. L. N. O.) Illinois Central.
A Ohio Central.
Hocking Valley A Toledo.
Chicago Burlington A Quincy.
Virginia Midland.
Atchison Topeka A Santa ¥i.
Chicago Buriineton A Quincy.
Chicago A Northwestern.
A Western
St.
St.
t
Nodaway Valley
Chicago Burlington A Quincy.
Norfolk A Petersburg
Norfolk A Western.
Northern Illinois
Chicago A Northwestern.
North Missouri
Wabash Western.
North Wisconsin
Chic. St. Paul Minn. A Omaha.
Northern Central (Mich.)
Lake Shore A Michiean Southern.
Northern Cross
Chicago Burlington A Quinsy.
Nor. Pacific La Moure A Mo. Riv.. .Northern Pacific.
Northwestern Grand Trunk
Chicago A Grand Trunk.
Northwestern North Carolina
Richmond A Danville.
Northwestern Union
Chicago A Northwestern.
Ohio Central
Ohio A West Virginia
Omaha A Southwestern
Orange A Alexandria
Rock Island A Pacific.
A Grand Island.
A Grand Island.
A Omaha... Wabash Western.
Chic.
Pacific
Sandusky Dayton A Cincinnati
Ban Francisco Oakland A Alameda.Central Pacific,
Central Pacific.
San Joaquin Valley
Northern (California)
Ban Pablo A Tulare
Savannah Flo Ida A Western.
Savannah Albany A Gulf
Charleston A Savannah.
Savannah A Charleston
Delaware A Hudson.
Sohenectady A Duanrsburg
Cincinnati Wash. A Baltimore.
Scioto A Hocking Valley
Missouri Pacific.
Sedalia Warsaw A Southern
Kansas Cir,> Fort Scott A Memphis.
Short Creek A Jopliu
Chicago Milwaukee A St. Paul.
Sioux City A Dakota
Central of New Jersey.
Texas
.t
Paul A Sioux City
Paul Stillwater A T. F
Sandusky A Cleveland
Bandusky City A Indiana
Old Colony.
New Yoik Pennsylvania A Ohio.
New York Susquehanna A Western.
Atchison Topeka A Santa Fe.
A
A Iowa
.
Boston A Lowell.
Worcester Nashua A Rochester.
Nashville Chattanooga A St. Louis.
Chicago Burlington A Quinoy.
Louisville
Joseph
Joseph
Joseoh
Louis Council B nil's
Louis Iron Mouut'n A Southern. Missouri Pacific.
Chicago A Alton.
Louis Jacksonville A Chicago
Missouri Pacific
8t Louis Kansas A Arizona
Wabash Western.
St. Li mis Kansas City A Northern
St. Louis Kansas .V Southwestern... St. L mis .t S m Fraucisoo.
Missouri Pacific.
St. Louis A Lex Ington
Chicago Burlington A Quincy.
Bt» Louis Rock [aland A C
Atkansas
8t. Louis AS .n Francisco.
Louis
Salem
A
St.
(St. L. Salem A Ark.) St. O.A S.Fran.
St LoniB Salem A Little Rook
Louisville A Nashville.
Southeastern
St. Louis A
St. Louis Alton A Terra Haute.
St. Louis Southern
Louis A San Francisco.
Western
St.
St. Louis Wichita A
Chicago Milwaukee .v St. Paul.
St. Paul A Chicago
Milwaukee
Trunk
Lake Sh. A Western.
8t» Paul Eastern Grani
.
Nashua A Lowell
Nashua A Rochester
FOOD UNDER—
Ontonagon.
Central Massachusetts.
Connecticut A Passumpslo.
Massachusetts Central
WILL NOW BE
Chicago Burlington A Quinoy.
Republican Volley
Kansas Gty F..rt Scott & Memphis.
Rich Hill
Richmond York Riv. A Chesapeake. Richmond A Danville.
Buffalo Rochester A Pittsburg.
Rochester A Pittsburg
Marietta Columbus A Northern.
Cleveland & Marietta.
Chicago * Northwestern.
Atchison T..pika A Santa F6.
Marlon A McPherson
Marquette A Western
[Vol. XLVII.
FORMER NAME.
WILL NOW BE FOOND DNDKR—
FORMER HAHR.
Maysville
SUPPLEMENT.
ENVE8T0KS'
140
Louis A Pacific
Louis A Pittsburg.
Toledo A Illinois
Toledo Logansport A Burlington
Toledo Peoria A Warsaw
Toledo A Wabash
Troy A Boston
Wabash Western.
Wabash St. Louis A
Union
Union Elevated
Union A Logansport
Utah Southern
Northern Central.
Brooklyn Elevated.
Chic St. Louis A Pittsburg.
Utah Cent nil.
Wabash
Chicago
St.
St.
Pacific
Fitcuburg.
Illinois ASt Louis.
A Csrondolet
Verdigris Val. Inrtepend'ce A West.Missouri Pa.ilie.
Cincinnati Indianap. St. L.
A Rushville
Venice
Vernon Greeusburg
Waco A
Northwestern
Warren A Franklin
Warwick Valley
A Chic
Houston A Texas Central.
Western New York A Pennsylvania.
Lehigh A Hudson River.
Washington City Va. Mid. A Gt 80.. Virginia Midland.
Richmond A Danville.
Washington Ohio A Western
Philadelphia A Baltimore Central.
West Chester A Philadelphia
-lavaunah A Western.
Western of Alabama
St. Paul A Northern Pacific
Western Minnesota
Central Paoi'io.
Western Pacitio
Chicago Milwaukee ASt. Paul.
Western Union Railroad
Shenango .v Allegheny.
West Pennsylvania A Shenango
Chio. St. Paul Mi.ine.ip. A Omaha.
West Wisconsin
Atchison Topeka A Santa Fe.
Wichita A Southwestern
Atehioou
Topeka A Santa Fe.
Western
Wichita A
Chicago A Northwestern.
Winona ASt. Peter
Minneapolis
A St. Louis.
Minnesota
Pacitio
Wisconsin
A
Chicago Milwaukee A St. Paul.
Wisconsin Valley
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