Full text of Commercial and Financial Chronicle : September 30, 1876 : Investors' Supplement, Vol. 23, No. 588

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

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nkstirrs'
OP THE

kW VlMMUl

CHRONICLE.
COIHIHEBCIAL
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH

^

Famished Gratis
[Bntered sceordlng to aot of CongrMs, la the year UK, by

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,

,

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to all Subscribers of the Chronicle.

Wx.

B.

Dwa. &

Co., la the oillce ot the

Ubnrian of Congreu, WuhlaitOD, 0. 0.1

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1

NEW

YORK, SEPTEMBER

INVESTORS' SUPPLEMENT

30, 1876.

bonds must come from banks and other financial institutions,
whose funds are necessarily placed in the most conservative
investments.

made in funding the
and upwards of $2,500,000 of the new bonds

In Htate bonds good progress has been

Cammerrial

Dtili

old

jFinanrial Cljramclt.

Alabama

debt,

have been issued, bearing

for the present 2 per cent interest.

Ia city bonds, $2,000,000 of Boston water loan, 5 per cent gold,

The Supplement la iasned on the last Saturday of each month, containing
a complete exhibit of the Fnnded Debt of States and Citiee, and of the Stocks
and Bonds of Railroad and other Companies.
furnished without extra charge to
single copies are sold at the
printed for subscribers only.
It i«

Cbbonkcle; no

all

regular subscribers of Tira

office,

as a sufficient supply

is

maybe

considered about the best price

for a city loan, as the credit of

Boston stands at the highest

were sold at 111.07, which

While municipal loans will, in all probability, continue
to be favorites with bond purchasers, the drift of recent events,
including the repudiation by towns and counties in Missouri, is

point.

such as to induce a careful examination of the constitutional
provisions and statute laws under which the issues of bonds are
made. For a large buyer it may be worth while to have the
services of a lawyer regularly employed to "search the title,"
IJiTESTMENTS IN SEPTEMBER.
and for a small purchaser, the bankers who negotiate the loans
The attention of our readers is invited this week to the should be able to give all desired information.
In railroad securities the recent decline in the stocks of coalextended list of prices given in the Chuoniclk, under the
head of "General Quotations of Stocks and Bonds." In this carrying roads, which had been held as the safest investments,
It is
list, which will be published once a month, an effort has been has given rise to a loud demand for more information.
made to bring together in alphabetical order, all those stocks useless to expect that the managers of railroad companies will
and bonds which have anything more than a local interest, with voluntarily publish full monthly statements concerning the
All tho experience of the past ia
prices for such as can be quotftd ^even with an approximate de- finances of their companies.
gree of accuracy. It should be clearly understood, however, that against the idea, and it is useless to enter upon a tirade against
in many cases it is impossible to give anything more than a the directors and officers of railroads for not doing what they are
nominal or approximate quotation, as probably two-thirds of all not required by law to do, and what they know will injure their
the stocks and bonds given in this extended list, covering six prospects ot making money out of the stock and bonds of their
full pages of the Cuuonicle, are never sold at any stock companies by an intimate knowledge of their affairs, which the
exchange, and the dealings ia them are limited to occasional outside public does not possess. The simple question arises, is
sales at auction and to private transactions between brokers.
It it right and desirable that railroad and other corporations should
is intended in this list of prices, as in all other departments of be compelled by law to make public frequent reports of their
the Chronicle and Supplemekt, to give»the facts just as they earnings, expanses and financial condition ? For instance, would
are, and by no means to state figures as accurate or official if it be just and advisable to have a law passed by the Legislature
they are only approximate, estimated, or nominal. To show the of a State to require every railroad company operating within its
matter clearly in each case, a foot-note is given " Price territory to publish, shortly after the close of each month,
nominal no recent transactions" and a reference to this note a statement of (1) gross earnings
operating expenses;
(2)
will be made opposite all those prices which are thus quoted (3) monthly charge for interest, leases, rentals, &c. (4) new issues
approximately.
Bank and insurance stocks in leading cities of stock or bonds made (5) increase of Heating debt, and any
have been included in the list, as they belong to classes which other specified items necessary to give a thorough view of its net
are not purely local in their nature, and occupy quite differ- receipts and actual financial position? The subject is an importent ground from city railroad stocks, or stocks of merely local ant one in social science and political economy, and la an open
companies for manufacturing, mechanical, or other purposes. question for the discussion of our law-makers, there being strong
Any ^^information, in correction of errors which may from time arguments on both sides.
to time appear in this or other parts of the Chronicle or
In real estate mortgages the companies and the loan agents at
Supplement, will be esteemed a favor, as there is no assump- the West report a good demand for bonds during the past sumtion of infallibility in our publications, and a friendly and open mer and up to date.
There are four corporations now in the field
criticism is invited as one of tho beat methods of ensuring selling real estate mortgage bonds, with the addition ot their own
ultimate accuracy.
guaranty in some shape as further security these are the EquitIn the investment field the most important event has been tho able Trust Company, Mercantile Trust Company, and United
offering of the $40,000,000 of the U. S. 4^ per cent loan by the States Mortgage Company, in New York, and the New England
syndicate of bankers who took it of the Government. The loan Mortgage Security Company, in Boston. Of these, the first two
was offered simultaneously here and in London, and although no sell bonds secured by mortgage on specified pieces of real estate
official statement of the result has been issued, it is understood, and bearing the absolute guaranty of the company on the bond.
from members of the syndicate, that the offering was a success. The two last named take mortgagee as security and sell theirown
In England and on the continent of Europe a 4^ per cent direct bond, which is based on the whole amount of mortgages
government loan may obtain the subscriptions of private in- held by the company. The United States Mortgage Company
veeioTB, but in this country we cannot yet expect such a resnlt, his sold nearly all its bonds abroad, while the others have
as the rates of interest have been too high and all ordinary operated chiefly in this country, although we are informed in the
investments on real estate mortgages or the bonds of companies case of the Equitable Trust Company that large amounts of its
have usually ranged from 6 to 7 per cent. It may be anticipated bonds have been taken in London, where the Messrs. Baring Bros,
that the principal demand here for low-interest government are its correspondents.
Transient advertisements are inserted at twenty-flve cents per line; adrermonths or year, at special rates.

tifiements by the quarter, six

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STOCK AND BOND TABLES.
NOTES.
Tbcso tables are expressly Intended to be nsed in connection wltli tlie information concerning InTCStment matters, publlsliea from week te
week iu tlio Ciikonicle— to wUloli an index is furnished in the remarks at tlie foot of the tables. Annual reports are In black-faced figures.
A full description of U. S. Ooverument Becorities Is published regularly in the Cuboxicle each month, as soon as the official " Debt State

ment"

is

issued.

Prices of all Stocks and Bonds are quoted weekly In the Chronicle.
The following will pive explanations of each column of the tables below
De»crt/)(ioii.—Railroads leased to others will often bo found under the lessee's name. The following abbrevlatlonsfrequently occur, viz.: M. for
"mortgage." s. f for " sinking fund," 1. gr. for " land grant," rog. for " registered," coup, for " coupon," Br. for '• Branch," guar, for " guaranteed,"
end. for " endorsed."
Dale of Boiuli.— The date of issue on the face of the bond is referred to In this column.
Miles of /eoarf.— Opposite Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
.

the luortgiige.
Size or Var FaiKe.— These figures are dollars, showing the denominations or par value. Tlic figures " 100, <te.," signify $100 and larger.
Sate Per CeH(.— The interest per aHnum is given for bonds, but the per ceut of Uisttlioulend lor stocks; o moans gold; x, extra; x, stock or scrip.
When Payable.—J. & J. stands for Jan. & July F. & A., Feb. & Aug.; M. & S., March & .Sept.; A. & O., AprU &. Oct.; M. & N., May & Nov.; J. A
D., Juno & Dec; Q.— J., quarterly from January Q.—F., quarterly from Feb.; Q.—M., quarterly from Maiuh.
£oiuls, principal when due ; Stocks, last divideiul.—The date in this column shows the i)erlod when the principal falls due of bonds, but the tilD9
"
when the last dividend was paid on «(ocA«.
fcy

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^

STATE SECUEITIES
<nh»crlber« will confer a great r»vo' br

DESCRIPTION.

arlvliat Im'ttcdlwce

Date of
Bonds.

For explanations see notes above.

nacice o(

Size or

Amount

par

Outstanding

Value.

Rate.

any error dUeovnred In

tlieoe Tabled.

INTEREST.
When
Where Payable and by
Payable
whom.

when

Principal

Due.

Alabama—
State bonds, due in 1872 and extended

1872
1866
1866
1870
1866
1866
1807
1866
1S68
1872
1873
1874
1876

do
do

extended
,
do
Bterling bonds of 1850, extended
Sterling bonds, extended
do
do
do
do

Bonds
Bonds

of 186(5
of 18«8

New 8 per cent, loan
do

of

do

1872
1873

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

100 &c.
100 Ac.

Railroad substitution loan, gold (Act Apl.,'73)
Substitution bonds ($8,596,000 authorized)
Bducatiunal funded debt
Direct loan to Montgomery & J3ufaul(i.RR
'isio
Direct loan to Alabama Ji Chattanooga KR. .
1870
Railroad bond Indorsements
1870 to '71
State certificates and Auditor's waiTants. ....
.

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

.

Arkansas—
Funding bonds of 1809 and 1870
1869 to '70
1,000
Levee bonds (or warrants)
1871
100 &c.
Old unfunded debt, including interest
1838 to '39
Ten year b'lls (for $2,500,000) Act May 29.'74
1875
Becuretl siuldug fund bonds (Act. Dec, 1874)
1874
To Memphis & Little Rock Railro.'id
1869
1,060
To Little Rock & Fort Smith Railroad
1870
1,000
To Little Rock, Pine Bluffs & N. Orleans RR.
1870
1,000
To Miss., Ouachita & Rod River Railroad
1870
1,000
To Arkansas Central Rallioad
1870
1,000
State scrip

$168,,000
1,941,,000
473,,800
688,,000
64,,800
82,,500
648,,000
877,,700
500,,000
650,,000
185,,000
1,192,,000
2,500,,000
2,810,,670
300,,000
2,000,,000
9,193,,000
998,,133

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

New

fe-

6g.
i«8
8
8

7g-

2&C

New

.fe

J.

York.

do
do
do
do
do

"8
8

York.

do
do
London. Union Bank.
do
do
do

M.

6g.
5

& N.
& N.
&N.
June 1.
J. & J.
& J.
& J.
& J.
& J.
& J.
M.
S.
J. & J.
J. & J.
M.
M.

5
5
5

New

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

York,

&

J.

do

&
&

J.
J.

N. Y., Union Trust Co.

&
&
&
&
&
&

J.

New York, Latham, A. & Co.

O.
O.
O.
O.
O.

N. Y., Union Trust Co.

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

8acr.imento, Treasury,

1889

8

6
7

do

18»9
1900

do

16'

6

J.

7

7

A.
A.
A.
A.
A.

95,500
500,000
2,801,000

6g.

J.
J.
J.

509,400
877,000
1,318.500
568,500

6
6
6
6

J.
J.
J.

1,741,100

6

A.

7
7
7

5&8

do
do
do
do

do
do
do
do

1899
1900
1900
1900
AprU, 1900

California—

500 Ac.
1870 to '72
1873
500 &c.

Soldiers' relief
State capital bonds

Funded debt bonds
Contiecticitt

—

War bonds,

of

1873

10-20 year
20 year

do
do
do
do

]

20year

1861
1863
1864
1864
1865

_•
-^

a
o

y&c-S

100 &c.
1,000
1,000

10-30 year
5 g
1,000
not taxable, 20 year
100 &c.
J^ u
Dislrictof Columbia—
Permanent Improvement, gold, coupon or reg.
1872
500 &c.
do
do
currency
1873
Fund, b'ds (U.S. guar.,Act8june,'74&Feb.,'75)
1874
50 Ac.
Market house bonds, coupon
1872
50 &c
Potomac water Ijonds, coupon
1871 to '73
1,000
Washington funding, gold
1872
100 &c.
Other Washington debt
....
1828 to '68
|

Corporation of Georgetown

Floriaa—
State bonds

1871
1873
1870

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

1.000
1.000

350,000
884,500
4,000,000

500
500 &c.
1866
1870
1,000
1870
1,000
of Jan. 18, '72
1872
Bonds for funding
1873
250&C.
Bonds to fund coupons on endorsed,bonds
1876
RR.end'sem'ts(oiily $2,418,000 aeknowledg'd) 1870 to '71
Bnm.swick & All)any Railroad direct l)ond8.
1870
i,6bo

900,000
3,600,000
2,098,000
1,880,000
307,500
1,100,000
500,000
7,545,900
1,500.000

Consolidated gold bends
to Jacksonville, Pensacola

Loan

& Mobile RR.

eeoraia—
Atlantic &
Bonds, act
Bonds, act
Bonds, act
Bonds, act

Alabama.

Gulf Railroad bonds
of Mar. 12, ISOO (West. & At. RR.)
of Sept., 1870, gold (int. quarterly)
of Oct., '70, gold (int. semi-annual)

Various.

—The State proposes substantially

7

J.
J.

3-65

F.

& J
& J
8 g.
F. & A,
6
J. & J.
7
Q.-J.
?«• A. & O

p. 27ti, 294, 3i2, r"
V. 23, p. 39, 40.)

"" H-.

22, p.

no,

"

isr,

"
aos, 5ji;

7

J.

&

J.

&"n

mill.

of taxation, 10 mills. The State
except on the ten per cents
sinking fund bonds, issued
Iff lo74 aud secured
Assessed valua^hc
of
December,"
1874.
law
under
The total
tion of taxable property, «94,0J5,213.
making
overdue
July
I,
was
*4,127,68^
876,
Interest
Board of Piiiance
total bonded df bt. Jlli.gOj.Slii.
ronfer
bondJanuary.
to
with
in
1875,
was appomtcM
holders of the S'.-ite and ibey issued a notice as
also
statement
of
finances,
2^.
161
p.
quoted in V

Arkamas.— Rate

le in default for interest,

A

1117,

V.

189.
23, p.
I

l74.

District of CW^/.tTiWa— The total aesefised value
of taxable real estate in 1875-wa.s$!H,45-*,(i84 United
States Attorney- General Pierropont rendered an
opininn that the fuith of the United Siatcs
is plcdi2:ed for the payment of interest on the
8.65 )onds. but conflictini; legal opinions have been
rendered as to the right of New Yi.rk savi itrs b inks
the.-ie, as povemment eecurities.
The
to inve:^t
intercft due February, lb76, was not paid till M-irch.
as no appropriation was made by Congress.
The interesit due Aug., ISTfl. aud 'Feb., 1877. has
been provided for by the Sundry Civil bill. (V. ;30,

m

;

See Cukonicle, V. 19, p.
23. p. 174,
637; v. iO, p. 139, 161; V. 21, p. 466, B90;
V.

Jfvn.,
J.an.,

Oct.,
Oct.,

1883
1884
1894
1885

N. Y., First National

Y.,

Importers'

&

do

Tr. B'k.

do

Jan.

N. Y., Fourth National B'k, 1878,

do

do

N. Y., London or Frankfort

1,

1908

'9, '80.

Jnly,
Oct.,

'1/6

1886
1890

Not paid.

1892
N. Y., Fourtli National B'k
N. Y., Foiuth N.at. B.ank. April 1,1877 to '86
July
1, 1896
J. N. Y., Fourth Nati0n.1l Bk.

A.

Conmctlcut.—The debt of Connecticut vtm nil
created for war purposes, and has bei-n rednced
since 1866 from $10,0O.i.UC0 to the present flfjurt'S by
sinking fund pu'chaae^. The 1 61 bonds are payable at pleasure since July, 1871, and those of 1^04
since October, 1B74.
Assessed va ue of real and
personal property, $351,783,469; rate of taxation, 1

has been in

do
do
do
do

1893
July, 1881

&"0

8

exchanged at Montgomery.

Sttite

do
do
do
do

J.
J.

Co^i/brntrt.— California finances appi^ar t> be in a
particularly sound condition. The State h«lda in
truet for School and University funds the $500,000
Capitol bonds and *2,O68,O00 of bonds IHTii. Total
valuation of property, 1874, over *t)00,000,(K)0. Trtx
rate, 50 cents per $100. As the debt is now pracGovernor adv'ses the
tically extinj^uiyhed, the
gradual c;mcellatiou of the bunds held in trust and
tiic purchase of foreign pc ;uritic!* iu their place.
(V. 19, p. 3 of advertisements; V. 19, p. 3a.)

The

Hartford, Treasury,

N.

7

that
30-year bonds, dated July 1, 1870, bearing 2 per cent
for 5 years, 3 per cent for next 5 years, 4 per cent
for next 10 years, and 5 per cent for last 10 years,
be substituted for old bond-^, without any allowance
for past-due coupons. In New York the exchange
of old tends may be made till Novenber, and subsequently at Montgomery. Ala. & Chatt. endorsed
bonds may also be exchanged (for $1,000,0
of
the new bonds) at London.
Eii;ht per cents
signed by Govornors Lindsay and Lewis can only be
default since January, 187-i. Tlie value of all taxable property le given at $1110,000,000; tax rate, 'y,
mills. The assessed valuation of real estate in 1875
S.3a, 570, 581; V. 21,
was $83,851,252. (V. 20, p. 139.
"
~~"

18»

Bank
July 1,1891
July 1.1891
do
do
Aug. 1. 1924
do
do
Washington, D. a
July 26, 1892
J.
7
do
Oct. 1,1901 to '03
J.
7
1892
6 g. Various New York and Washington
Wasiilugton, D. C.
6, 7-3 Various
do
Q.-J.
6
6g.

5,

A.

1883

do
do

do
do

Not paid.
p. 83.

20, p.

Dec, 1890

See also V. 19, p. 15. fil, 142. 189, 477; V.
239, 446; V. 21, p. 63, 417, 465; V. 22, p. 181.)

.P^Hi/a.— Less'i'ue sinking fund of $49,900, and J".
and M. k^n, the total debt is tl,lit9,r00. Real
and personal property are valued about $35.000 000;
tax rate, 7 milla. The loin to J. P. A M. KR. is
secured by mortgage on road, and the question aa to
the Sta e's ol>ligati()n to the bondholders was before
the United States Supreme Court, and decided in
December, 1875, (V. 21. p. 691). in favor of the
State; no interest has been paid on these bonds
for some years past, and a decision of the State
Sup erne Court holds them unconstitutional. (V.2a,
P.

p.4t)6;

V.

22, p. 158,233.)

(HoTq^a.—\n June. 1876, S'O^COO bonds sold to
pay overdne coupons on recognized bonds of Macoo
& Brunswick and North & ^onth Riiilroads. The
Sta e Legislature declared void all the semi-annual
gold bonds of 1870 ($l,88J.O00). and $102,000
of the Qu.irterly bonds held by 11. Clews & Co.:
the Brnnswick & Albany bonds, $1.500,Ot>U and all
railr »ad endorsements, except, gl,950.i0:) Macon Su
Brun-wick; $liH,0K) Ala. & Chatr.; S240,C0i No. &
So. Ga.; and $3'. 000 -Memphis Branch. Assessed
value of property in 1874, $i7:^,000,OOU; in 18:5, $231,;

755,8'i4; rate of tax,

four mills.

Macon

& Brunswick

Railroad eudor.-ement was declared valid by Legislature of IvS7'. but the later issue of 860<MO0 was
decl ircd void by the Leglslatnre in 1875. Gorernor**
Meeeage, V. 28, p. 8T- ( Y. 22, p. 440, 590, 614.)

)

.

Septimb

STATE SECURITIES.

r 30, 1876.]

Sabacrlbers

eonrer a sreat favor by slvlnz Immodlate notice ot anjr error diaeovered in these Tablee.

«rlll

DESCRIPTION.
For explanation seo notes on first pago of

Date of

Size or

Amount

Bonds.

par

outstanding.

Value.

tables.

Illinois—
Interest UondH, Inscribed stock
Kef untied utocU bonds
NoriDiil University bonds
Thornton loan bonds.

1847

War bonds

Indiana —
Bonds, short loan
do
do
do
do
Beliool fund bonds (nou-negotlablo)
Kansas—
Bonds, 18G1 to '60, fnndlnK, <to
Konds for various State purposes

1,000
1,000
1,000
100 &e.

••r'"

1873
1875
1870
.

. .

IROl to '69 100 Ac.
1861 to '69 100 &c.
1804 to '65
....

>

—

1866
1867
1870
1870
1869
1870
1869
1869

.

18.'>7

1870
1871
1869
1874

J,

Varione
Jan.,
Jan.,
Jan.,

do
do

Doe.

1880
1880
1860

1,

1876

AprU 1,1878

do
do

1879

Various
N. Y., Donnell, L.

500

132,.500

.L

578,000
303,000
578,000
792,500
114,700
80,000
87,000

Various
Various

July.

&

&
&

do
do

J,

J
J.

A Co.

1883 to tM
1877 to '99
1884 to '99

do
do

N. C, Louisiana Nat. Bonk,

JnJy, 1893
1872 to 1906
1886
May 1, 1907
March 1, 187S
1886 A '88
Jan. 1, 1890

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

AN.
A S.
A J. N. O., Ix>ui8lana Nat. Bank,
do
A J
do
M. A 8. N. Y, Wlnslow, L. A Co.
do
do
M. A N.
M. A S, N. C, Louisiana Nat. Bank.
A. A O. N. Y,..Wlnslow, L. A Co.
M.
M.

J.
J.

March 1, 1909
Hay, 1910

,

1,806,000

260,000
53,000
184,000
70,000
2,500,000
875.000
9,300,950

Jan., 1878

New York,

Various

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

do
do

S.

J.
J.

500
100 &c.

18l>6

Frinolpal when
due-

J N. Y., Am. Exobonira Bank.
J
do
ilo
do
do
J

101,175
739,000
346,000

1853

Bonds for relict of State Treasury
Bonds In aldof vai'ious railroads
Levee bonds— Act 35 of 1865
do
Act 115 of 1867
spooial— Act 32 ot 1870
do
Bonds fundlufi connons
do
to Boeuf & Crocodile Navigation Co.
do Issued to .State I'enitcutiary
do to fund floatin/i debt of Stat«
do to Mississippi *fe Mexican Gulf Canal.,
do to Northern Loiiisinna & Texiis RK. Co.
do school & si-iuinary, held by St. Treas..
do to N. Orleans, Mobile & Texas RR
do
do
do
do
N. O. Mob. & Chat. RR. bonds, end. by State.
CouBolidatcd funded bonds

&
&
&
M.A
J. &

J.
J.
J.

200,900
200,000
510,000
3,904,783

5,000

.-

Military loan
XjOuisUtna

Rate.

$921,060
286,000
23,0O0
86,000
142,300

$....

......

INTEREST.
Where payable and by
Payable
wuom.

When

'•30

1899
1909
1897
July 1, 1910
April, 1911

Various N. O, Citizens' Bank of La.
N. Y.., Wlnslow, L. A Co.
J. A J
A.
J.

A
A

O.

N. Y., Wlnslow, L.

J.

A Co.

Jan., 1914

Maine—
CivlUoan bonds
War loan bonds
Bounty loan bonds
do
do

)
>

Municipal war debt assumed

g,j 1851
°-^
1863
1863
SfS

500 &c.
500 Ac.

1864
1868

500 &o.
100 &c.

to '61

S«

JOi.

A A.
A D
A O.
A J
A J
J. A J
Q.-J.
A. A O

Kastem

1838
1838
1838

2,,551,444

1839
1837

.,

1839
1839
1868
1871
1872
1873

Massach ityetts—

—

of which $'211,219,512

is

pbfsonal property, and

$~4S,472,U38 real eutitc.

/TKflana.— There are also (;13<I,010 of war bonds.
There is & question as to the State's obligation to
pay the Wabash & Erie Canal debt. A reference
to (he origin of that debt, ari-ing from the State's
compromise with the bondholders in 1&46, will be
fomnd in the Chro.nicle, V. 19, p. 49:J; see also p.
696.
A suit on the question was brought and decree
of saleobtamcdtV. il, p. 85; V.22, p. lOl.tJI.-i). Tax-

—

able valuation, 1875 real estate, 8*i3I,416,973; pereonal, J.73 ',667,147; railroads, $:Jfl,4'16,919; corporalaw pertions, »4.o4.i,5!i.S; tax ra'e, IX mills.
Kiilting towns to Is^ne bonds was passed In ISrS, the
main section being as follows:

A

" Sbotion I.— Be it enaetei tni the Qenerat Assemlly of the Slate of Indiana, That any corporated
town in this State which shall have heretofore, by
the action of its Board of Trnstees. commenced tiie
erection of any public buildings, to be used as a
market house, engine house or other public purposes, and shall not have the necessary means with
which to complete such building, oi\ the passage of
an ordinance anthorizing tlio same by the Board of
Trnstees of said incorporated town, issue the bonds
of soch town to an amount not exceeding in the
aggregate ^lO.fii'O, in denominations of not less than
|;5o nor more than $5tXlj and payable at any place
the bonds; the pnn'cipal
that may be designated
In not less than one year nor more than ten years
bonds,
of
such
and the Interest,
after the date
annually or semi-annually, as maybe therein proprovide
means
with
the
which
to complete
Tided, to
pr.,>ide'l
that
such bond-*
each buildings;
he
sold
a
price
less
not
at
than
shall
ninety{oar cents, on tke dollar, nor bear a fester

m

rate

of

m
Q.-J.

A.

3,333,583
....

1,(KX)

50,000
220,000
600,000
888,000
200,000

500 &c.

4.379,.')00

£100 .fee

4,000,744
999,944
554,180

1,000

500
1,000
1,000

£'J0O

£200 &c
500 &c.

966,,500

£1(X)
200 &c.

2,9.")2,400

5,.598,912

£500

1,500,000

1,000

700,000

1,(X)0

1,300,000
200,000
400,000
3,599,024

5,000
1,000

£200

£500

400,000
900.0O0
750,000
1,292.280

1,000
1,000
1.000
1.000

104,000
822,000
358,000
46.00O

1,000
1,000
1.000

interest

J.
J.
J.

225,000
330,000
454,361

100 &c.

1857
Back Bay Landd I>oan
1861 to '62
Union Fund Loan
1862
Coast Defense Ix)an
1863
Bounty Fund Lean
1863
Bounty Fund Loan
;
1864
do sterling
do
1864
Loan,
sterling^...
War
1869
Troy & Greenfield Ralli'oad loan, sterling.
1858 to '61
do
homo
do
1861 tn "63
do
sterling
do
1868
sterling
do
do
1871
sterling
do
1875
do
do
dollar bonds 1873 to '74
do
do
do
do
1875
1860
Sonthem Vermont Railroad Loan
Norwich ilk Worcester Railroad I^an
1857
Boston, tlartford & Erie Railroad, sterling.. 1868 to '60
Harb«r Land Improvement (.5 -20«)
1874
Danvers Limatic Hospital
1874
Lunatic Hospital. Worcewter
1875
New State Prisons, sterlmg
1875
UUJUf/an—
Renewal Ix)an Bonds
1858
Two Million I»au
1863
1865
War Bounty Bonds
1859
Salnte Marie Canal bonds
Lunatic llospital (Western Massachusetts)...

lUinoif. The d"bt has been rapidly reduced of
late years, ftnJ, without the addition of new loans,
The Illinois Cen'ral
will soon be extinguished.
Railroad charter tax on earnings contributes over
$4{X),OuO per year to the State revenue.
The assps-sment of all property In 1876 was f 953,631 ,C30,

435,000
156,615
31.069
269,000
528,785
298,435
62,015

....

than

eight

per

1800
1890
1865
1880 A 1890
1890
1890
1885
1890
1890
1875 A '93
1885 A '89
April, 1882 to '87

A.

2,028,888

Various.

tshore Kailrtuul

Baltimore & Susquehanna Railroad
Chesapeake & Ohio Can.il
Baltimore & Susquehanna Railroad
Annapolis & £1 krid^o Railroad
Defense Bounty Ijoan
Deaf and Dumb Asylum jjoan
Maryland Hospital Ix)an, 10-15 years
Marj'land State Loan

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

F.
J.

Marylami—

Baltimore & Ohio R.iilroad sterling
ChosapeaUe & Ohio Canal storllnR
Susquehanna & Tide Water Canal
Railroads and canals

1877-'78
March, 1883
Aug. 15, 1880
June, 1889
Oct., 1899

Various
M. A 8,

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

1.000

Augusta and Boston.
Bostou, Suffolk Bank,
do
do
do
do
Augusta and Boston.

A
A
A
A

O.
J.
J.
J.

A D.
A N.
A J.
A
J.
5g.
i gA J.
M.
AN.
g.
M. A N.
5 g. J. A J.
5 g. A. A O.
A. A O.
5 g. A. A O.
J. A J.
J. A J.
i?5«. J. A J,
A
g.
5 g. A. A O,
6 gA J.
5 g- J. A J
5 g. J. A J,
& J.
g.
g. M. A N,
5 g. J. A J
J. A J
J. A J
M. A N
A
5

g.
g.

do
do
do
do
do
do
do
do
do
do
London, Baring Bros.
do
do
do
do

M.

J.
J.
J.

•-

.1.

BostOQ, Trca«tiry.
Boston, Treasury.

do
do
London, McColmonts.
N. Y.,

granted.
63,

A'an«M.— Kansas has hnt a small State debt, but
the issues of manicipai bonds have been large. In
uly, 187H, 8160,000 of State bonds wery .naid off. An
extract from the State Auditor's report was given
V. IX), p. 14.
The valuation of real and personal property In 1875 was *121,514,»44; tax rate, 6
mills for State pnrpo.ae8 and an avera'.'c of 3.78 per
$1 lO for al purposes. State funds hold $768,430 of
the bonds. (V. SJ,p. 14.)
.1

m

1,

1895

May. 1895
1, 1895

Jan.

Am. Exchange Bank,
do
do
do

.1

centum per

July, 1891

Jan.

Jnly, 18«1 to '94
July, 1895
April, 1890
July, 1877
Jan. A July, 1900
Jnly, 1804
July, 1994

do
do
do
do
do
do
London, Baring Bros.

.1.

similar law was passed for counties, which, referring to contracts that have been made for public
I'Uiidingp, Ac, says that in confllles w^e^e sneli
C(mtracts have been so made, the board of commissioners of snch counties are suthorized to issue
bonds to an amount not oxcecding one-half of one
per centum on the assessed valuation of the pro 'ertv of such countv, in addition to any loan for said
purpose for which bonds may have been heretofore
issued, negotiated and sjld. (V. S2, p. 209.)

Oct., 1888 to '90
April, 1800 to '94
April, 1882

Boston, Treasury.

r,

A

May, 1894
May, 1894
JiUy, 1889

Boston, Treasury.

,1.

annum."

May, 1880
July, 1877 to '78
July, 1883
July, 1883

London, Baling Bros.
do
do
do
do

.J.

,1.

Jnne, 1877

Boston, Treasury,

J.

5

July, 1878
1878 A '83

do
do
do

May, 1890
July. 1879

(V. 20, p. 78, 8!, 478. 521, 548; V. 81, p.
5.35, 61J; V. 22, p. 64.)

W,

IW, 159, dSl, 489,

-Vain*.— The sinking funds, January, 1878, retotal debt to a net amonnt of $5,372,688.
Valuation of total taxables In 1875, S.'iS.OOO.OOO;
tax rate, 5 mills. Governor's message In V. 2^, p,

duce the

62.

—

Mart/land. The assessed valuation of property In
1875 wfts i;427.75.'i.:».3, on which the rate of taxation
In 1876 is 11^ cents iwrJilOO; income from dividenda
on railroad, canal and other stocks owned by the
State w.as 4:i:M,41il. The State has larrelv assisted
canals and railroads, and holds (4.787,2JS'of stocks
and bonds of companies paymg interest p'omptiy,
leaving; only $5,916, :>82 of deot withont ony offset;
the State also holds $-22,655,188 in nnpit>dactiveaecurities.
On two investments only, the Comptroller
sa3's that the Stat
has met no loss, viz., the Balti'

more

& Ohio and

the Columbia

A Port

Depoelt

rail-

roads.

Afassachusetls.—Qovemor'e message on (ln8nce8,V.
All interest on the funded debc of
p. 62.
Massachusetts is paid in coin.
The credit of
the State stands high in London and at home.
During 1874 the debt was Increased $987,400.
and in 1ST5, $4,500.iiOO.
The sinking funds in
January, 1876, were SH 725.3(9. TheHooaac tunnel
has cost the State almut $15,a'iO.>iO(i. Real estate
22,

7x>Kl«j<ir(i.— The

scaled the debt

funding

down to

<

bill jias-scd

Jan.

S4. 1874,

per rent of the face value.

For coupons la-'king on bonds funded, similar coupons are cut from the new bonrls i:?aaed; interest on
consol bonds is paid in New York, but no interest paid on bonds unfunded. These consols, were
admitted to New yoTl< Stock Exchanie, May,
l«76.
The principd bonds not fundable are.
tlil.OODof RR. bonds; tl^.OOOscho .1; };2«i).0O0Miss.
& Mex. Gulf Canal; #80,000 Boeuf A Cr. Nav.;
*8T.i,000 N. O. M. A Chat, endorsed; and 2..WJ 000
N. O. ;«ob. * Texas. The same tix of 14>i mills.
In 1675 as in 1874 (in 1878 the rate was SIX mills
The total assess(?d value of real estate in I8T5 was
* 150.507,07:1; personal, *40,.349,547; of wh»ch
Orleiins had «»3.4fi;l,i69 of real and jaw.llS.vs.? of
personal.
The Bro>s revenue in 1875 was $3,iC6,153

assessed
in 1S75, $1,811.031.3C6;
pcrsjnal. Including bank shares, J.ieO.SlS.iaj; tax rate, I'OS
mills; dcpeelts In savings banks, $2.37.818,963; corporation prop*?rty (above real estate and machinery),
$8),213,6:», The loan to U. II.
K. Railroad waa
secured by deposit of S.3,r»0',fi00 "Bcrdell" mortgage
bonds, afterwards exchanged for new stock. (V»
20, p. 336, 521; V. 81, p. «7; V. 22, p. 82.)

A

New

and exponses M.lM.rnr, The $3,500,000 bonds to
N O. Mob. .t. T"Tns Ratl*'oid h-'ve l)een decl'irt^d
void by State Sotreme Court, hn{ a re-h«»ring

,W(cAi7an.— The debt has been largely diminished
few years. Assessed valuation of real
and personal property, 1876, $t)80,0O0,0O0, and tSK
in the last
ra'.-

'i

'

"'-'s

ciutK of lioade.

Sur'tliis rev<*».'i«

(Y.

X,

p, 13(.)

ij^

applied to ptu-

)

.

:

STATE SECURITIES.

[September SO, 1876.

Subscribers will confer a great rtivor br Klvlns Immediate notice of any error discovered In these Tables.

DESCRIPTION.

Date of

Size or

Amount

BoudB.

par

outstanding.

For explanations sec notes on first page of tables.

Rate.

Value.

INTEKEST.
Where Payable and by
Payable
Whom.

When

Principal—When
Due.

Minnegota—
State Building Loan

18G7
1868
1869
1873
1858

do
do
do

do
do
do
coupon
Railroad Bonds (not recognized)

—

Missouri
State bonds
Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fultou Railroad
Bonds to Plat te County Railroad
Bonds to Iron Mountam Railroad
Pacitic Railroad of Missouri
Southwestern Branch Pacific Railroad

Funding bonds
Renewal bonds, coup., 5-20s, (actMch. 29, '7f
Hannibal &, St. Joseph Railroad
do
do
renewal...
'.

.

Nevada—

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

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

7
7
7
7
7

J.
J.
J.
J.
J.

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

439,000
2,727,000
401,000
104,000
2,256,000
392,000
504,000
1,872.000
2,973,000
784,000
1,000,000
3,287,000
2,715,000
285,000

6
6
6

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

1871
1872

1,000
1,000

160,000
800,000

1861
1864
1872
1873

1,000
1,000

213,000
600,000
2,206,100
500,000

6
6

J.

100 &c.
100 &e.

6
6

J.
J.

900,000
900,900
593,400

6
6

J.
J.
J.

1,057,000
9,895,500
561,500
800,000
1,537,887
473,000
880,000
1,562,900

7
7

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

State bonds
Territorial bonds

—

6
6
6
6

a

6
e
6
6
6
6

9>3&10

9^

Kexo Hampshire

War loan, coupon bonds
do
do
Municipal war loan
State bonds

New Jersey—
War loan bonds, tax free

1861
100 &c.
do
do
do
1863
100 &c.
do
taxable
do
1864
100 &c.
New York —
Bounty loan bonds, coupon
1,000
do
do
registered stock
General fund debt— Astor stock
1827to''32
Si
do
do
do
deficiency loan
1848
do
do
do
do
1848
o
1875

s»

Under

<^aiial dfibt
*.anai
aum, i<

1872
1873
1873
1874

Art. 7, Sec. 3, of Cou-

gtuution and Art.

[m^I
^(C."
£,

7, Sec. 12.

Ps
Mg
«^l

Comptroller's bonds (by Kevl Stat's)

North Carolina—
Railroad and improvement bonds, old
do
do
do
old
RR. and imjirov't bonds, new (not special tax)
do
do
do
do
Fimding bonds, since war
do
do
Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868

500 &e.
500 &c.

Special tax bonds.

'

Registered loan, payable after 1875
do
June, 1881
do
do
do
do
do
June, 1886

Oregon-

1850
1860
1856

Willamette Canal and Lock
Inclined plane loan
loan, April 2, ($28,000 are reg.)

Coupon

do
do

do

May 4

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

do
do
do
do
do

do
do
do
do
do

(registered)

(coupon)
(registered)
(registered)
(registered)

Agriouitural College laud scrip

Minnesota.— \n the State bonds are now held by
the permanent school fund. Minnesota ia usually
classed among the States which have avoided their
obligations, in consequence of her refusal to recognize the "State Hailroad bonds" of J858 to the
amount of $2,275,000. See Governor's Message, V.23,
p. 6.3. Property valuation, 187.'), $21S,85r),743. of which
346,162,487 was personal; tax, 2
mills.
(V. 19,
p. 493; V. 22, p. 567.)

MO

—

Missouri. Valuation of real and personal property
in 1875 was $549,50.i,471, upon which the tax is 4)4
mills.
Railroad property was assessed at $54,849312, as returned to County Courts; but at only
$19,861,141, as returned to the State Auditor in
1875.
The State had $1 488,000 bonds maturlne
in 1875, and $.3,907,000 in 1876.
To provide for
these, a law of 1875 authorized the sale of new
bonds, and the State Commissioner's report to July,
The Hannibal & St. Jo.«eph
1876, is in V. 23, p. 13.5.
Railroad provides for its own debt. Bonds falling
due are paid in currency, pursuant to a resolution
of the Legislature, although some of these bonds are
payable by their terms in *' gold or silver." (V.
io, p. 83. 161, 290. 313, 336, 383. 47T; V. 21, p. 217;
V. 22, p. 83, 591 V. 2 p. 185.)
;

Nevada.

—

,

The debt of Nevada

is

hardly more than

nominal.
Neti) Sampshire.—yhe debt of New Hampshire
was created for war purposes, and is being gradually
reduced. The Municipal loan of lB^^i was issued to
cities and towns, the proceeds to be applied to their
var debts. Total valuation in 18.6, $199,030,353.
Tax rate, $2 per $1,000.

New Jerfey.-Tbe

debt was created for war pur-

poses. Of t"ne first two classes of bonds the principal is payable $100,00;) per year. Valuation of real
and personal property in 1675 $612,711,094, against
$619,097,903 ; State tax, SX miUs.

New yori.-There is also $68,000 contingent debt
«f l.ong Island Railroad, and $7,%1 per annum for

1849
1852
1852
1852
1852
1853
1867
1867
1867
1867
1867
1867
1872

Trenton and Jersey City,
do
do
do
do

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

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

N. Y. Manhattan Bank.

J.
J.
,1.

J.
•T.

J.
J.

A.

5&6g.
6

J.

6
6
6
6
6

A.

C

J.

6
6

A.
A.
J.
J.
J.

26,500
200,000

7

7

J.
J.

400,000
395,000
87,000

4l8g. J.

50
50
50
50
50
50

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

6
5

J.

A.
J.

A.

g.
g.

A.
J.

2,812,000

5g.

F.

455,500
273,000
88,350
7,521,550

5 g.

F.
F.
F.
F.
P.
F.
F.
P.

7,369,000
90,400
9,251,850
723,950
500,000

5g.
6

6
6
5
6
5

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

185'.)...

.

.

.

$1,097,564,524

$.307,349,155

1,1.58,.327,371

3a2,552 314

1,5:12, 720,907

434,2811,278
452,6in,7:)3

1.599,930,166
1,644,379,410

2i4
4 53-80
7 41-156

5 79-120

147,243,085

9'<

.

1,692,.52.3,071

4.37,102,815

6 95-100

.

1.7.50,698,918

418,608.955
407,427,399

7X

6
3 11-24
the equalized
valuation of re»l and personal property is $4,466,This is
267,273; tlie tax rate only 3 11-24 mills
partly owing to the considerable reduction in
the Bounty debt, and the increase of sinking
fund resources.
It
appears that the value of
real estate by local assessors in 1874 was $1,750,value, as estlmaUd by
full
61)8,918, while the
the State assessors, was $4,168.:i.30,757. The Comptroller says the actual value should be adopted as
the basis of taxation. The total amount raised by
.

1,960,852,703

For the present

fiscal year,

8.

do

1875-6,

tax. State and local, in 1875, was $56,926,470. or 21
mills on the $1 of assessed valuation. In 1874, the
local debts of cities in New York State were $1.37.539,6 9; of counties, *46,6SS,264, and towns, $25,140,181.
(V. 20, p. 23, 60, 615; V. 22, p. 63,
471.)

heavily
North Carolina.—TXotVh Carolina
is
burdened with debt. In proportion to her ta.xable property. A lengthy extract from the Treasurer's report was given in V. 20, p. 84.
Total
property was assessed in 1872 at $128,507,628, a
low valuation. Interest Is paid on bonds Issued
to North Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives dividenHs thereon. Other interest in default. A funding bUl passed the Legislature March, 1875. (See

do

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

do
do
do
do
de

O.

do
do
do
do
do
Albany.

Now

J.

York.

O.

do
do
do
do
do

J.

Raleigh, Treasury.

O.
J.

O.
J.

New

O.
O.

1877
1877

April,
April,

will.

July, 1878

At will.
Oct., 1893
Dec, 1877
July, 1887
Jan. 1, 1883
July
Oct.

1,
1,

1891
1892

On demand.
1868
1868
1868
1868
Jan.,

York.

& '78

July, 1877

At

Albany.

to
to
to
to

'98
'98
'98
'98

1900

Oct., 1898
Indefinite.
Oct., 1898

do

1898 to '99

J.
J.
J.

N. Y., American ExoJi. B'k.

Jan., 1876
July, 1881
Jan., 1887

J.
J.

State Treasury.

do
do

J.
J.

A.
A.
A.
A.
A.
A.
A.
A.
A.

do
do

& Mech. B'k.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Harrisburg Treasury.

O. Phila., Farm.

6

Indian annuities. An abstract of the Governor's
Message was given in V. 22, p. 6'J, showing a net
reduciTon of $2,744,505 In the debt for year ending
Sept. 30. 187.5. Thqsfollowing were valuations and
tax rate for State purposes in the years 1859 and
H65, and from ;870 to 1871
State tax.
Year.
Real Estate.
Personal.
1865... .
1870... .
1871... ..
1872... . .
1873... .
1874... .
1875... .
1576...

J.

....

6
6
6

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

1895-6
1887 to '95

do

J.
J.
J.

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

'i'sfo

do

1877 to '88
1877 to '89
1889 to '90
1877 to '89
1876 to '87
1876
July, 1894

Sept., 1884 to '89
Jan., '92 to 1905
1879 to '80

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

Bounty bonds

Pennsyhm n ia —

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

1883
1888
July, 1892

Concord or Boston,
do
do
do
do
do
do

6g.

g.

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

J.
J.

.1.

6

of

&
&
&
&
&
&
&
&
&
&
&
&
A
&
&
&
&
&

1,000
1,000

100 &c.
100 &c.

Chw-

847,.500

4,302,600
2,000,000
66,443

Bank
do
do
do
do
do
do
do
do
do
do
do

1877
1878
1879
1883 to 1803
Deo., 1887

1881 and '82
March, 1887

J.
J.

6g.
6g.
eg.
6|.
6g.

N. y.,

do
do
do

do

K.

5&6g.

do
do
do

State Treasury,

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

1,000
1,000

1866
1868
1867
1868

.-.

5

Treasury,

St. Paiil,

Various
M. & 8.

M.

6

& J.
& J.
& J.
& J.
&D.
& J.
& J.
& J.
& J.
& J.
S J.
& J.
& J.
& J.
& J.
& J.
i J.
& J.
& J.

1884
1880
April, 1879
July, 1882
July, 1882
Aug., 1877
Aug., 1877

Aug., 1878
Feb., 1877
Feb., 1877 to '82
Feb., 1877 to '82
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892

CnBO>iict,E, V. 20, p. 836.)
In New Yoik, bsnds
are classified thus: '^'Old." being those issued pri )r
to May 1, 1361, coupons on from Jan. '69; " N. vj. R.
R." issue of »2,800,000to that road, coups, on since

Jan. & April, '69; »ame "coup, off" have had 7
coups, paid; -'funding act '66 carrv coups. Jan.,
" funding act "
'69;
'IB
carry coupons April,
'69. " New "—authorized before war, except $l,.5fl0,000 iu 1868; "Special tax. 1st." carry coup. April,
'69; "2d" coup, of Oct. '69; "3d" coup. April, 18*0.
(V. 18, p. 166, 629; V. SO, p. S4, 161, 288; V. 21, p. 570.)

OAJo.— Ohio has a very small State debt, hnt
large local debts, amounting in 1375 to $25,957,588.
Valuations In 1874 were : Real estate Iu cities, Ac,
$.366,031,721; other, $696,883,.323; personalty, $535,660,sl8.
Tax rate In 1873, 3 2-10 mills for State, and
an averaTO of 2.5 9-10 mills for local purposes. Of
the 1875 loan above, $868,2:30 was paid Jan. 1, 1876.
and the balance after April 1. Report on State and
local debts, V. 22, p. 64.

—

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

a

bonds.

Pennsylvanl^i.-liOM debt Nov. .30, £23,533,137;
available assets. $9,466,572; net debt, $13,766,564.
financial system is remarkable in Pennsylvania,
in the fact that no tax is laid for State purposes on
Revenue is raised from numerous
real estate.
sources, principally from corporations. Taxes are
levied on personal property, which was assessed at
$159,383,242, and the tax was $574,817 in 1875. State

The

expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds 1;1.751,:121 in stocks and $10,554,321
<if railroad bonds.
Interest Is paid in gold on all tha
State debt issued prior to 1867. Any coupon bonds
may he changed to registered. The bonds due ia
1877 are payable at any time till 188S; those of ISSt
Ull Wfi.
(V. 21, p. 1-37; V. 22, p. 64.)

.

—
.

..

.

S

STATE SECURITIES.

September 30, 1876.]

Snbscrlbera will connr a sreat lavor hy ;lvliic Immediate aollee ot anf error dlaeovered in these Tables.

DESCRIPTION.

Date of

Size or

Amonnt

bonds.

par

outstaading.

For ex plaiiationB socnoteBonflret page of tables.

value.

Khode ItUtna—
War buud
do
do
do
South Carolina—
State stock
State IIoiMO stock

roccivablo

FiindliiK

lilllK

Payment

of Interest

1862
1863
1863
1864

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

$980,000
200,000
631,000
738,000

1794

Various
Various

23,684
520,346

3g.
6g.

1,000

240,0(X)

6

18«fl

50,&o

1854
1868
1868
1868
1869

1,000
1,000
1,000

401,700
680,000
177,000
261,000
370,500
648,300
22,000
481,944
218,423
10,000
4,023,000
149,254

1830 to '01
1853 to '54

do
bonds
Fundlne bonds iiiid stock
Blue RiuK" Uailroail bonds

'

,

Fundlnjf bank bills
Conversion bonds and stock

1838
1838
1869
1873
1873

Fire loan bonds, sierllnt?
stock, domestic
do
Bonds— Relief State Treasury
Consolidated bonds, coup. (Funding act)
stock (FundiiiK act)
do
Railroad endorsoiuents
Tennesttee

.•500,&c.

5(K>,&c.

1869 to '70 500,&c.

Land c'4)mniis8ion bonds

Various
Various

6

M.

6
6
6

J.
F.

A.

6g.
6g.

&
&
&
&
&
&
&
&
&

J.
J.
J.
J.

A.
A.

s«-

J.
J.
J.

6
6

1874
1,000
New funding bonds, act of 1873
Various.
1,000
Bonds registered, act of 1873
Various. Various
Fundable bonds and cou p. not yet i)rosentcd
Various.
Bonds, reKi.st«rable, not presentwl
....
Hold by E.T. University (not to be funded)
1,000
Texas1866 & '71
Funding State debt
1874
1,000
Funding State warrants, act May 2, 1874
1870
Fi-onticr dcfcns(s gold, act August 5, 1870
1,000
1872
Revenue deficiency bonds, act l>ec. ii, 1871
1,000
1874
Bonds, act Mar., 1874 (for paying float'gdcbt)
1,000
1874
100
Veteran Pension bonds, act Aug.,'70<St Apl.,'74
Yertnont—
1862
War loan bonds, coupon
500,&o.
registered
1862
do
500,&c.
.

.

Tirffinia—
1851 to '66 500&o(
Old bonds, conpon
1851 to '66 Vari's 5
registered
do
require*!
bo
funded
sterling, not
to
1851
£100 &c
do
1871
100,&o.
Congol. (Act Mar. "71) coup, tax receivable
reg., cxjuv. Into coup...
1871
do
lOO.&c.
do
1872
100,&c.
do
(Act 1872) coup., not receivable
do
1872
reg.,
lOO.&e.
do
do
1871
Various
Defcrro<l certiflcates ( w. Va.)
1871
Various
Interest on sterling debt, funded (Act 1871).
Arrears of interest unpaid Sept. 30, 1875
Jlfmta Island.— The debt was all created for war
The
pnrooses anil ie being steadily diminished.
valuation of real property in 18TG was $185,159,84?,
and personal, t86,89:,928, and tax rate 15 cents on
$100.

—The Governor's mes^sage on finances

The funding law approved Dec.
in V. 21, p. 5:i5.
23, 1973, provided for scaling down the old debt by
giving new bonds to tlie extent of 50 per cent, and
declared void the conversion bonds to the amount
Tiie January, la?", interest was
of $5.965,OX).
paid on consolidated bonds in April, 1878. The interest dno In July was only raid in part. Total
valuation of all property— in 1875, real estate,
«88,m,818; personal, f-ie.Tgi.OOe; rate of taxation
In 1674, 12. mills. (V. SO, p. 81, 241, 291, 868, 547;
Y. 21, p. 489, 614; V. 23, p. 40.)

default again made July,
3875. The coupons of July, 1K75. together with thot^e
of July, '74, and Jan,,V7.J, remaining due, wore paid
in Sept.. '7(1. The law passed iu March, '7:1, provided
for funding all outstanding, legally issued bunds, due
between Jnly 1, 1874, and July 1, 1864, as well as
$:lOfl,00'>,

but

past-due coupons, and coupons matnrlng on
or before Jan. 1, 1871, in a 10-40 year B per cent
bond. The total debt given above is, substantially,
according to the last report of the Comptroller,
January, 1875. The Comptroller estimated debt of
solvent railroads at $8,2HS.R^(i; due from purchasers
of railroads then sold, $n2.0C0; value of Knoxvillc
Charleston road, $100,000. The State's endorsementsfor railroads ace $1,80J,000, of which $1,560,000
all

&

Providence, R.

do
do
do

J.

A.

J.
J.
J.
J.

O.
O.
J.
J.
J.

I.

H.

<Ic

T. Co.

do
do
do

Columbia, State Treasury,
dit
do

do
Columbia and

&

March, 1882
April, 1893
July, 1893
Aug., 1894

At pleamire.
1877 to fie

1871 to '80
York. July 1,1887 to '97
July 1,1878 to "Vft
Columbia, Treasury.
July 1, 1888
Columbia and New York.
July 1, 1888
do
do
July 1, 1880
do
do
do
July 1, 1882
do

New

do

do
Ix>ndon.

J.

oue.

do

Columbia.
.§:;
J-j'
J. & J. Columbia & FU. Agon. N.Y.
J. & J.
New York or Columbia.

6,222,000
16,289,000
1,056,000
1,074,000
390,000

do

J.

do

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

&

5
6

J.

6

Various N. Y.,

&

J.

&.

7g. M.
7g. J.
7g. J.
10
J.

134,000
137,000

6
6

J.
J.
i.
J.

•7,092,399
^

t
6
6
6
6
6

1,207,(K)0

1,504,675
1,166,093
15,239,370
212,833
1,199,804

J.
J.
J.
J.

J.
J.
J.

&
&
&
&
&
&
&
&
&
&
&
&
&
<fe

<Sc

taken care of "by the roads. Total valuation of
real estate, $i81,000,000, and railroad propertv,
$51,000,000.
The rate of taxation is 40 cents on the
$100. Tennessee bonds, sold in
York as "old,"
are those issued before 1862, and having coupons
of Jidy, 1-69; Old "ex coupon," have only the
coupon of July. 1875; "New," issued since 1862 carrying coupon of July, 1869, " ex coupon" July, 1875,

is

New

only;

"New

Series," the

new funding

Bank,

6

10

1,000,000
1,070,357

2,831,250
19,030,000

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

6
HA. 6
5, 554,

bonds.

(V.

18, p. 143, 247. 350. 497: V. 19, p. 167; V. 80, p. 14, 84,
161, 282, 491; V. 21, p. 87, 313, 614; V. 23, p. 472; V,
23, p. 16.)

July 1, 1868
July 1,1868
1888
July 1, 1893
July 1, 189S

Fourth Nat. Bank

J. N. Y.,

Bank

of

do
do
do

do
do
do
do
do

J.
8.
J.
J.
J.

New York
<k>

do

n. Boston, N. B. Mut. Red'n.
u.
Montpellcr, Treasury.
J.
J.
J.
J.
J.
J.
J.
J.
J.

New

York.
Richmond, Treasury.
London, Baring B. &. Co.
Richmond, Treasury.

do
do
do
London, Baring B.

& C%

1, 1914
1875 to 1900
1900
1875 to 1900

July

Various.

1877 and 1891
Jan., 1884
1910
1892
March 1, 1904
1894
Doc., 1876-78

1890
1886 to "On

At pleasure
1886
1905
1905
Contingent

1905

Virginia.—Tbe Fnnding act of 1871 provided
tha* coupons of the funded bonds should be receivof the old bonds a
able for State taicc. For
new bond was Issued, and fcr the other y^ a deferred

M

given (as the proportion due by West
Virginia). The act of 18.2 amended that of 1871
by not allowing conpons to be received for taxes.
The sinking fund holds $2,446,98i of State bonds
certificate

certificates.
All interest overdue and unpaid
to September. .SO, 1875, (on the basis of 4 per
part of the interest
cent.) was $1,199,864.
due July, 1874, has been paid since Jan. 1, 1876.
Assessed value of propertv is $.329,424,152; tax rate,
5 mills. The circnlar of Messrs. Branch
Co.,
bankers, April, 1876, said: "The fcegislature has
adjourned, and no law in any way affecting the
bonds of the State has been passed, if we except a
clause In the tax bill subjecting the coupons cut
from bonds held by a non-resident of the State to
the same tax as hfts heretofore been deducted from
coupons held by residents. This tax amounts to
$1 70 on each coupon of $30, or five and two-fifths
per cent -the coupons being received at 94"tOper
cent of their par value in payment of taxes. 'The
State is still in debt for money borrowed to meet
temporary deficieacies in the revenue; and the pay
meuts to the sinking fund have been suspended, as
also the payments of interest of .luly. 1874, on the
nnn-consolidatcd debt. The tax bill inciades some
additional subjects of taxation, which will make &
small increase in the revenue, but it is now certain
that no cash payments will be made during the
present year on accotmt of interest, except that the
small balance due on July, 1874, Interest may be
paid." Auditor's report, V. 21, p. 804. (V. in, p.
296 502, 528, 682; V. '20, p. 14, 306, 856, 373. Mi;

and

A

&

JTsajos.— The State Comptroller, In February,
1P76, reported total funded debt $4,249,757; floating
debt, $543,'.37, and bonds of douotful validity
remaining in hands of State Treasurer, $812,210.

The valuation of taxable property

in

1875

was

Tax rate,
we have the

$250,8'?3,759, against $24;,841,880 in 1874.

Tmrut»tt.—OD the first of Joly, 1874, the payment of interest was resumed, and the interest
due January 1, 1675, was paid by help of a
loan of

8.

O.

<}.—J.

?«
6g.

v-

&
&
&
&

Prinoipal—
jlpal- wheo

4,797,608

—

So. Carolina.

INTEREST.
Wbere payable and by
Payable
whom.

Wbon

Rate.

50.

From

the Comptroller's report

following statistics for 1875:
Total value of taxable property assessed. $250,853,798

Statetax
].2.'>4.354
Polltax
198,322
1,959,1''4
County taxes
Miles of RK. In the State ass'd for taxes.
1,487
Value nf railroads
$16,605,122
Number of acres of land assessed in the
.

State
66,637,920
lots assessed in the State
44,666,937
(V. 19, p. 15, 117, 142; V. 20, p. 84; V. 22, p. 281.)

Value of

Vermoni.—ThiB State has a very small debt— all
created for war purposes. Of the registered bonds
$l:i5,5(X) are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was (115,932.

..

CITY SECURITIES.

VUl
Subscribers will confer b

K'Mt

fttTor bjr Kivinff

DESCRIPTION.
For explanations see notes on

first

Immediate notice of anr error discovered In tbese Tables.

Date of

Size or

Amount

Bonds.

par

outstanding.

page of tables

[8 ptemb-r 30, 1876.

INTEREST.
Where Payable and by
Payable
Whom.

When

Rate.

Value.

Principal—When
Due.

.

Albany, N. Y.—

Albany &Northern Railroad loan
Relief of drafted

$1,000
1,000
1,000
1,000
1870,1,2,4 1,000
1871
1,000
1874
1,000
1851 &. '52 1,000
1874
1,000
1865
1,000

1864
1866
1870

City Improvement
WasUiugton Park
City improvement
J<ew Post Olllce site
Vi ater stock

Additional supply
Bonds loaned to Albany

do

Albany

Susquebauna RR.
W. Stockbridgc KK.

<&

&

1841

Auqusla, Oa.—
Bonds for various purposes
City bonds, tax free
Satlvmore
Consolidated loan of 1890

Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR
One million loan to Fittsb. & Connellsville RR
New City HaU
do
do

do
do

;

Consolidated loan
Court bouse loan
I'unding loan

7

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

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

6
6
6
6

100

&c.

7,300,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500,000
891,646
137,414
800,000
2,000,000
1,000,000
473,900
1,015,300
200,000
500,000
1,375,000
117,000

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

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

6

£100 &c

583,205
4,296,800
16,809,175
4,997,603
3,559,600
438,600
121,500
1,196,000
1,318,000
322,640
470,000
394,000
2,248,000
688,000
1,949,711
700,000
405,000
375,000
350,000
100,000
648,000
366,000
3,452,000

1854
1863
1865
1860
186.3

1853
1853
1868
1870
1874
1864

1870
1874
1872
1872
1873
1872

do
Western Marj-land Railroad
Jones* Falls
Valley Railroad
Patterson Park extension

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

iSto.

—

JBang<n\ Me.
City debt proper
Municipal loan
Water loan bonds, coup. (Act Fcl). 22, 1875)
European & North American Railroad

Bangor &

£oston

—

Piscataciuis Railroad

Renewal city debt, sterling
For city purposes, war debt. &0
do
do
do
Burnt district, sterling loan

1853

Consolidate<l street improvem't, sterling loan.
Koxbury debt, assumed
Dorchester debt, assumed
Charlestowu debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, new main Brooklino Reservoir.
do
Chestnut Hill reservoir
do
renewal of loan due '70-71, all reg.
'72-73
do
do
Water works, Roxbury, coupon and registered

18.52 to '64
1864 to '76

1,000
1,000

1873
1869
1860 to '64
1861 to '09
1857 to '73
1862 to '76
1866 to '73

£100&c
£100Ac
1.000
V.arious.

500 &c.
1,000
Various
Various.

1858
1,000
1865 to '71 1,000
1871
1872
*10()&c
1868 to '70 1,000
do
Roxbury & Dorchester
1871 to '75 1,000
do
Doroliester, all restlstered
1871
do
W. Roxburj' & Brighton, all reg 1875 to '76
do
coup, and reg.
do
1876
1,000
Additional supply water
1872 to '75 1,000
Various purifcses, for water works
1871 to '74 1,000
Water loan bonds, gold, coupon or reg
1875-'7G
1,000
.

1,000,000
103,000

2,000,000
100,000

Various.

Consolidated bounty loan

.

do
do
do
do
do

6
7
6
6

&C.
&c,

1876

Water loan

6
6
7
7
7
7

250
500

Various.

—

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

6

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

IS.")!

men

Purchaso CouKrcss Hull Block

March, 1876 to '94
Feb., 1876 to '81

1895-'97
July 1, 18T6

Boston.

1876 to '89
1900

Augusta,
do

7

&

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

do
do
do
do
Balto., Farm,

6
6
6
6
6
6

it

&

do
do
do

5
5

Bank.
Bank,

do

do
do

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

6

July

At

1,

1890

iileasnro.

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

Plan. Bank.

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

6

Bank.
Bank.

do
do
do
do

Bank.
Bank.

At will.

1900
1894
1902
do
do
AprU
1900
Baltlmore,Register's Office,
Oct. 31, 1886
do
do
March 8, 1892
Balto., North. Central RR.
Jan 1, 1877
Balto., N. Mechanics' Bank. Jan. 1 '90 & 1900
Baltimore, Franklin Bank.
Jan 1, 1895

6

Baltimore.Register's Otlice.
Balto., N. Mechanics' Bank,

6
6
6
6
6
6
6

Boston, Merchants' N. B'k.
Boston or Bangor.
Boston. Morch'ts' Nat. B'k.

6
6
6

do
do

<lo

6&7

do

4'2g.

I/Ondon, B.aring Brothers.
Boston, Treasurer's Office.

I'-

do
do
London, Baring Brothers.
do

ll

5, 5I2, 6
51a, 7

Boston, Treaseurer's OfBce.

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
London. Baring Brotliera.

5<te6
6

5&

6,012,7
6i3.t7

%'
6

%'

Boston, Treasurer's Office.

do
do
do
do
do
do
do

6
6

5g.
6

6

5g.

do
do
do
do
do
do
do

July
Feb.
Jan.

1,
1,
1,
9,

1877 to '92
1, 1894
July 1, 1905
Jan. 1, 1894
April 1,1899
Jan.

July, 1878
1876 to '87
1876 to "96
April, 1893
July, 1899
1874 to '85
1875 to '82
1876 to '93
1875 to '96
1875 to '83
1875 to '92
Oct.,

1878

1876 to '99
April, 1901
Oct., 1902
1880 to '99
1901 to 1905
Jan., 1901
Jan. & April, 1905

19d2'tol904
1901 to 1904
Oct., 1905-'6

irooklyrir—

Debt of Williamsburgh, local improvement
Brooklyn local improvement loan

1859 to '61
1861
Mount Prospect Siiuare loan
1857
Soldiers' aid fund loan
1865
Third street improvement loan, local
1867
Gowanus canal imi)rovement loan, local
1866
Bushwick avenue
do
do
do
1865
do
do
floutU Seventh street do
1866
do
Union street
do
do
1867
Fourtli avenue
do
do
do
...
1862
do
do
do
do
1867
do
Wall iibout Bay
do
1867
Bedford avenue
do
do
local
1867
do
Kent avenue ba«bi do
1809
New York Bridge loan, registered and coupon 1870 & '76
B'ds for complet'n N. Y. & B'klyu Br., cp. or rg.
1870
Prospect Park loan, registered and coupon
1860 to '73
.

I

. . .

—There

i

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

138,000
213,000
90,000
552,000
302,000
283,000
249,000
298,000
326,000
190,000
230,000
589,000
278,000
427,000
4,250,000

Brooklyn,

7

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

6

7
6

7
7
7
7
6

7
7
7
7

7&6
i

8,'6i6,o6o

6

I

6

7

are sinkin;]: funds for municipal
bonds' and for water stock. 'The loan to Albany

500 in 1875;

secured by Ist raort. The e<^uahzed
valuation of property in Albany County lu 18.5
by State Board was: Real estate, $48,7!)».14B; personal, It5,li37,0»!; total, |;.'>J,t);iB,2j4. lu ir.6, total
equalized valuation, $58,400,770.

perj;l,000— $11 68 of this for city and *1 02 for State
liurpoBcs, against a total of $18 70 per $l.CO0 in 1875.
The total debt, both funded and unfnndrd, at the
ch.se of the last fiscal .>ear, April 30, 1H76, was
$43.9 3,!6.5, and the sinkin'glunds, bonds, mortiraues,
&c., $i6.8ii',387.
The sinking fund pruvisioTis are
snflicieiit to meet the debt as it matures. In .March,
18t6, Mr. Turner, city auditor, gave hi.s estimates for
the revenue lequircu for the coming financial year
1876-T7, commencing May 1, :876. This estimate is

Albany.

Snsquehanna

&

is

Auffusta.—Ot this debt, $(iOO,(X)0 was issued for
aud balance for canal eiilurgemeut,
water works, &c.

railroads,

Baltimoiv.—'The fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned extensively to railroads,
exchange for their securities, which it holds to a large nominal amount. The
sinking fund for Bait. & Ohio Railroad *.i,000,(IOO
loan is $l,74ri.!)73; West Maryland Riilioad sinking
fund, $l49,l«o; and the total of the several olher
sinking funds, $H, i!)T,8'il. The Bait. & Ohio RR.
pays interest on $5,0i)0,0(m loan; Water loan Is paid
by income of water works, and Public Park by&ity
Passenger Itailway, and out of a total debt of
$32,!)43,4-!5only $I6,I54,'.91 is dependent on the tax
The a-sse-ssed vaUio of property in 18T6 is
levy.
$231,603.1 Jfi; tax rate, 187li, $1 80 on the tlOOforcity
purposes, and .17 "i for State. Population in 1870
was i67,.354, against 218,4:8 in 1860. (V. 22, p. 589 )

m

Banf/or, ife.— The valuation of real and personal
is 4:ll,0.5i,Sil; rate of tax.ition, 2.50 per
North American
"The loans to European
Railroad and to Banj,-or & Piscataquis Railroad are
secured by first mort^-ages on those roads.

property
cent.

&

Boeton.—Thc popnlfttion of Boston

in 1870

was

498.497, against 177,'itO in 18«0; in 1875 It wiis, ?,41.919.
Valuation of real property in 1R76. includin? the recent auuexatlous, was $526,145,700, against $56A,7S9j-

i«8,4(i0;

and nersonal,
upon which the

$232,7.32,400, against *2.34,rate of taxation is Il2 70

based on an assumption of meeting the actunl wants
of the municipality and avoiding the borrowing of
money for other than the water works, and extensive
and costly improvements: tlie tux per each $1.00(1
will be reduced from $1 70 Inst year to $18 45 per
$l,0C0 thia.year. The following is a comparison of
the approjiriations granted by the City Council and
income to be received, compared with the estimates
1

for l-ffS-b:

Appropriatioas

Income
Per ccQtage.

1875-6.
$ia,:102.305
2,861,425

1876-7.
$11,219, "87

$9,4.37, '80

8.2T9.487

2,9.)

slWO

283,136

247,.385

$9,72;, 016

}8,627,872

Plncing the tax to be paid to the State at the same
a? last 3'ear, the estlmited tax warrants exhibit the
fallowing result:
1876
1675.
City and County
State
Total

by UxatiOD.,

$9,731.0I6 00
802,120 00

$8.S27,872 00
74.',9ii 00

$10,523,136 00

$9,270,801 00

^p
P<

a

o
p<

1879 to '81
1891
1887
1885 to '94
1881
1876 to '90
1876 to '90
1876 to '90
1877 to '86
1870 to '95
1876 to '95
1870 to '90
1877
1879
1901 to '24
1907 to 1908
1915 to '24

last forty years, with a single excepthe taxable valuation has shown an annoal
Mayor Cobi.'s message. January. 1876»
gives a net decrease of debt in lb75, amounting to

During the

tion,

increase.

t:W5,579.

(V. 22, p. 61.)

.BrooV/yn.— There are also $27,000 7 per cent. Nat.
Guard bonds due 1880-81. The Mayor's message,
dateii

January

1, 18".6,

made

the whole city debt as

follows:

Permanent loans

$26,063,000
3,462,736

Smking funds
Balance
Loans chargeable on specified property

Tax

certificates

Total

—The

$22,600,263
.

10,052,000
8,379,000

$35,a31,863

.Mayor, stated that the debt chargeable

on

iJixation decreased in 1875 45,2.'C, against itn increaso
of $.512,r«' in '74, $2,426,516 in '73, $1,591,411 in '72,
and $3,590,5-)1 in '71. Popniation in 1M70, 396,200,
aga nsl SBti.'iM in I860. Valuation of propirty in
King's Co. in 187a, by the State Board of Equalization
$2 .0.6 7,586 for real estate, and personal, $i;).>-06,135;
1-7H,
in
toral
real and personal, $2.^0,939,634;
they oscimated the true value of real estate In
lh74 as $426,393,740.
The Supeivisnrs assessed
Brooklyn in
the total taxable property of
Is. 5 at *225,l"*i,755. or about 65 per cent of true
value. The debt of Kings County, separate from
the debt of Brooklyn, Is $3,9.36,(h 0. of whieh the
city is responeiljle for about $3,739,200. Average
fax rate in 1«7.5, $3 41 per $100. against $3 .52 in
1874, and $3 46 in 1873. (V. 30, P- 520; V. 8S, p. 589.)

.

.

.

CITY SEOQEITIEa

September 80, 1876.]
Subaorlbers

ivlll

eonfer a sreat nivor by kItIus Immedtate notice ofanr error dlseovered In (lieno Table*

DESCRIPTION.

Date of
bouda.

For explanations see notox on ttrat page of tables.
Srookljfn—(Conlinuedj—
I'rosiMsot Park loan
Dotlclmicy

:

par

{out«tuu(Uug,

value.

1860 to '72 $1,000
1,000
1872
1,(M)0
1857 to '7
1872 to '75 1,000

butiits

Perinaueut wator loan
do
do

Sewerage bonds, continuous, local
A«8e«mnout fund bonds, ooutlnuouH looal.
Cuutral an<l Knickerbocker avouue bonds..
IloiUcvard bonds
Tt<miK)rary tax cortlflcatcs
Buffalo, N. r.—
Fiuidotl debt bonds, various piurose*
Buffalo <fe Janii'Htown Rallroiul
liuffalo New York & PliUadolpbla Railroad.

1870
1873
1872 to '73

..

Water works bonds
Water bonds, coupon...
Park bonds (Act May 17, 1875)
Tax loan bonds
OKarlentoii, S. O.—

18.'>3to'75
1873 to "
1871 to '73
18(J8to'7(i

1870
1870
1870

coupon
Fire loan bunds, coupon
Cou version bonds, to redeem past duo debt.

—

Rate.

Wliere payable and by

payable

wuom.

6

J.

<b J.

319,0(K)

7
6
7
7
7
7
7

M.

<Sc

M.

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

&
ti
&
&
&
&

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

9,6(i(;,0<)0
1,3!)1I,(KK)

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

1,(1!)."),

r)(M)

4,43."), 500

018,000
812,000
2,379,000

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

7

1,0<K),<K)0

7
7
7
6
6
7

.

1015 to -24

Brooklyn,

do
do
do
do
do
do
do

•a

1881 to 1909

£«§

3 yearn from date.
3 years from date.

o =S

1880
1875
1870-7

Various
Various
Various
Various
J. & J
M. & 8.
J.

&

Buffalo

6
7
7

and New York.

1876
1803
1881
1878

1895
1895
1^93
l»i»
July 1, 1890
Prior to 1936

Buffalo.

Buffalo and

New York.

do

do

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

do

J.

Q—

6

4,119,093
51,500
297,700
281,500

1853 to '51
1860

duo.

7

2,209,250

750,000
2,779,382
100,000
100.000
199,493

I'obo

Prlnoipal— wbon

When

$1,217,000

City stock
(Jity iHinds,

INTEREST.

Amount

Size or

do

July

do

Now York

1878-'81

1,

1875 to '98
1883 to '84
1890

Charleston.

Various
J. & J

to
to
to
to

City.

Ohicoi/o

Water loan
do
Sewerage bonds
do
River improvement bonds
Municiiial bunds
Muuici pal and School bonds

916,000

500,&o,
1,000
1,000

1,000
1,000

7 3-10

J.

10<),(M)0

500 &e.

3,423,000
2,000,000
640,600
3,681,000

1870 to '72 i',6bo
1863 to '72 500 &0,

. .

J.
J.

87,000
2,550,000
2,621,000

500 Ac,

South I'aik loan (secured on South. Dlv.)
West t'liicjvgo Park (secured on West. Div.)
Cook County debt

7
6
7
7
6
7
7
7

3,6(K),000

6

&7

&
&
&
<t
&
&
&
&

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

Vai-ious

Now York and
do
do
do
do
do
do
do

1877 to '83

Boston,

July 1, '82 to "98
July 1, 1880
1880 to '95
1890 to '95

do
do
do
do
do
do
do

1895
1881 to '99
1874 to '79
1890
1873 to '89

July,

N. Y., Metropolitan Banlc.

Oinciiiiuitl—

To

build Eggleston avenue sewer
B2
Loans to Railroi«ls
F, A, O, U, I &
Bonds to O.&. M. RK. toj)urchase whf. prop.N
BoudH for erection of a Workhouse
Bonds for Water Works
C2,&( '3
Bonds for Coiuuion Hcliool purposes
P2
Bonds for O>uimon School purposes
P
Bonds to O. & M. KK. to purchase wlif. prop N
Bonds for ext. and impr. Water W. .Cf, D. & E
Bonds for funding floating debt
A2

M

.

Bonds

for

new

.

S&S2

Hospital

1868
1,000
1842 to '54 1,000
1855
1,000
1868
1,000
1808
1,000
1868
1,000
1800 to '61 1,000
1855
1,000
1847 to '.50 500 &0,
1847 to '48 500 &e,
1807-'68

Bouds for funding floating debt
L
Extension aiul improve. Water Works. .K <kF
Bonds to purcliaso Orp'n Asyl. grds. for piU'k.O

1853
1853

Bouds for sewcmge
K
Bonds for imiu-oving Gilbert avenue
U
Bonds to build Kggloston avenue sewer
B3
Bonds for improvement
W
Bonds for Water Work pui-poses
C4<fcC5
(leneral Improvement
W2

1869
1860
1860
1871

.

Cluclnnati Southern

RR

18.58

1871-'72

1871
1872-'74

do
do
do
do
gold
Floatnigdebt bouds, coupon
Park improvement
Water-works bouds
Oleottand—
Water works ($100,000 are 6

Funded debt (.•(5225,000 ore 6
View Park

1874
1870
1874
1875
1S75

.'

Dl
p. ct.)
j).

ct.)

I<ake

Canal
Viaduct, street and bridge ($300,000 C
School ($271,000 are (J p. ot.)
House of Correction
Main sewers, special assessment
Street improveui'ts do
Street openings, &c. do

p. ot.)

150,000
1,075,000
210,000
250,000
300,000
100,000

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

500

7.50.000

60,000
175,000
100,000
1.50,000

150,000
100,000
136,000
450,0<M)

600,000

1,000

500

700,0f>0

&c.
&c.

1,000
1,000
1,000

10,000,000
3,000,000
1,000,000
50,000
300,000

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

1,575,000
1,722,000
315,000
195,000
718,000
424,000
200,000
688,300
1,393,000
856,600

Columbus, Oa.—
Subscriptions to various railroad stocks
Bonds for funding and other purposes
VflroiL ilich.Bonds for various City purpo.ses

Bonds

for

Water Work

Public Building stock
Public sewer bonds
BllMbeth, N. J.—

Co.,

on

((31ty

1856 to '72 1,000
1866 to '71 100 <tc.

city's credit.

1955 to '59
1855 to '76

.

Hall) bonds

1872 to '74
1869 to '74
1870 to '75
1872 to '73
1805 to '66
1875

Consolidation bonds
JSM^c/to.— The funded debt.

and

11

latiugdoht,

January
*:j9S.0:i2.

1,

1876,

was

rMJ.3:W) of Erie county debt.

City tax-rate. 1875.
)5 53 on the $),l)(.0.
In May. I8T«, $135,01)0 7 per
C43nt certificates of debt, in pieces of S5,i;00. &c
,

were Issncd, due

; V. i3, p. 135.)
of Charleston are
mostly held within the State of South CsroKna.
The total apscsrted value of properly in 18:3 was
$-27,978,yHl
rate of tax. 1! per cent. Sinking funds
reduce the total debt to t.t,b7i,li<i:!.
Chicafjo. The total funded debt at the close
of the year 1875 was $13,J57,O0O.
Certidcales
of Indebted less, $4,MI,0!)G.
Assessed value of

Ofiartefton, 8.

1S81. (V. ii. p. 2;«, 5il

V — The bonds

;

—

real property, '74, $;258jM9,3iO; personal,

$l.'),l.'>5,'i30

—total, *:i03,-05, 140. Tax rate, IS mills. The Illinois State valuution Is $aa4,118,6J0, and the ci y
debt Is limited to 5 per cent of that.
Of the
funded dcht, $4,581,000 is on account of tlie
Water Works, which ia.it yenr yielded an income
of t7:<«,144. Question having arisen as to whether
certificates were not an incretise of deot, and therefore illegal, an ordinan<-.e was i)a8Sed autliorizing
the Comptroller to make an endorsement thereon
that thiy "weic issued upon the apnropriatious and
tax levies of the city." Some certiflcates went to
protest
See V. V!i, p. 541.
-Assessed Value.
Tax
Year
Real Estate. Per. Estate. Rate.
.

,

1882
186^
1861

1868
1869
1870

$31,587,545
60,495,118
140,857.040
174,505,410

t.5,55i,:l00

...211,3 1,840

B4,6M,(M0.
52,312,950

2Jii,&13,b00

Y-pir
'"^'

In 18?5 real

and personal property were assessed at $:i4,9G:i,I05;
in 1871) rule of valuation changed and assessment
was 8in,»^r>,905. BuffalD also pays 7-10 (bi-iiig

19,447.911
51,893,604
5.3,9Si),4«9

1871
1872

M.

&N.
& O.

(i

J.

A.

J.

M. <t N.
7 3-10 Various

&

J.

Various
6
M. & S.
6
3-10
M. & S.
7
7 .3-10 M. & S.
3-10
7
A. & O.
7 3-10 M. & S.

&
&
&
&
JI. &
M. &
J. &
F. &

F.
7
J.
7
7
J.
7 3-10 J.

7
7

6&7

A.
D.
J.
J.

N.
N.
J.

A.

Am. Exchange Bank,

J.

Nov., 1885
June, 1888

1888 & 1889
do
July, 1888
do
Jan., 1890
do
Nov., 1890
do
April 1, 1895
N. Y., Am. Exchange Bank
March, 1897
do
do
1897
do
do
Jan., 1900
do
do
June & Oct., 1900
do
do
March, 1908
Cincinnati.
Sept., 1899
N. Y., Am. Exch. Nat. Bk.
Sept., 1899
do
do
Oct., 1899
do
do
Maroli 1, 1886
do
do
1886-'97
Aug.,
do
do
Dec. 1, 1891
do
do
July
1, 1902
do
do
July 1, 1902
do
do
May 1, 1906
New York or London.
May 15, 1004
N. Y., Am. Exch. Nat. B'k
Jan. 1. 1896
do
do
Aug.,'85, '90&'95
do
do

'

<fe

Various
J.
I

&

J.

Various
Various
Various

125,400
1,301,000

7

7

do
do
do
do
do
do
do

do
do
do
do
do
do
do

J.

V'arious

6& 7
7
6& 7

684,000
272,500

7
7

F.

2,969,000
763,000
90,000
80,000
1..500,000

7

Various N. Y., Fai-mcrs' L. & T. Co.
do
Various
do
do
do
Various
Various
do
do
do
do
A. & O.

7
7
7

7

Assessed Vnlne.

Real Estate. Per. Estate.
154.890
262,969,821)
2:19.

258,549,310

$.59,81 r.S20
45.0.12.54)

49,103.175
45,155,830

,

Tax
Rate.
10
15
18
18

00
00
00
10

Population in 1870 was 3J«,6n5, and in October, 1874.
395,2iB, against 109,2d0 in IsliO.
Cook Co. debt is all
7 per cent, and interest is all payable in J. & J., or in
M. & N. The So. Park, W. Chicago Park, and Lincoln Park loans are not debts of the ritv, but of
distinct corporations. (V. 21, p. 207; V. 22, p. 457,

do

do

A.

1878
1876
1887
1894
1893
1876

to '95
to '94
to '92
to '95
to '95
to '88
1878. '83 &. '84
1876 to '92
1876 to *84
1876 to '85

New York.
New York and Columbus.

Various N. Y., Metropolitan N. Bk.
do
do
Various
Various N. Y., MetropoUtan N. Bk.

&

1878
1878 to '84
Deo.,

do
do
do

do
do
do
do
do
do
do

Various N. Y., Am. Exoh. Nat. B'k
do
Various
do
Various
do
do

7

7
7
7

Various
Various

$i3li,89S,(i.50

187S
18;4

1876 to '95
1876 to '89
1876 to '89
1876 to 1906
1879 to '91
1892 to '94

1870
1880
1881
1876
1885

to
to
to
to
to

'85
'95
'93
'86
'98

Cincinnati Sonthem Railroad, in order not to violate the law pr.ihibiting cities, &c., from giving aid
in bnilding railroads, &e.
(V. 20, p. 14; V. 21, p
511; V. 2i, p. 209.)

Clevehnd.—The

total valuation of property for

is $73,.305.277 and tax rate 18 15-21 mill", of
61* mills are levied for interest and sinking
fund. The sinking fnnd, January, 1876, amounted
to 81.700,(;00, market value. The sewer, sirett im-

taxation

which

f)rovement and street opening bonds are for special
ocal improvements, and redeemed by assessments

on the property

bcnelitted.

514.)

Cincinnati.—\n addition to the issues above
nnmed, there remain several sma'ler amounts, asfoliows: ginS.ni'O !>s. November, 18-5; *.'6.0l.(l (YYS. &
O.) Us, 188ii-88; $17.rO,) 6s ((j.), Nov.. 1890; *27,0 lO
6s

(.4.), Mar., :.t97: $50,000 (112.), Au'.'., 189:; $.M.I:O0
(Z). Nov.. 18^8.
By- the census of l(i;0 papulation
was 218,1K10, against 161,044 in 1860. Ta.-: rate for
1875, ^i 83 per $1,000. ugain-t $2;l ',» in 1874. Sinking funds lire $4-;(i.440, against »7,2a),(IOO of old
debt. The following table from the books of the
.\uilitor of llarniUoii County, Ohio, exlubits the
assessed valuation of the cltv of Cincinnati in tlie
year IStiO and from 18;0 to is'"!:
Rate tax
Real
Personal
Total
per
Year.
estate.
estate.
valuation.
$1,000.
1860.. $61,620,901 $31,411,812
»M,0)2,716
$17 45

1870..
$15 00, 1871..
20 00 1872..
00 1873..
14 00 1871
15 00 IKTS..
15 00
-The

H

'

<fe

7
7

•

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

J.

329,000
243,800

18.59 to '71

Improvement bonds
Funded debt bouds
8<ihool House bonds
Market House bonds

$6.74:J,:sn,

1,000

6
6
6
6

6<fe

N. Y.,

Various

6

M. &N.
6
7 3-10 J. & U.
7 3-10 Various
7 3-10 J. & J.

99,0(KJ

195,000
397,500
146,500

&D.

78,7:ill,4S3

57,370,754

123.437,883
119,621,856
121,479,8;0

56,9:14,044

186,107.236

18«8K1,9:«

31 60

22 20
.^5,46.',410
175,094.391
20 10
64,166,460
m5,615,740
23 06
181,9)0,0!4
23 38
12.1,9r6,8t5
58,52 !,7.W
28 82
181 4fl8,56.5
city wiU be the sole owner of the stock of the

Columbm. ea.— The

total

debt

Is

$585,500,

snd

the annual interest required about $10,000. Bonds
are all coupon, and were issned In small amounts
as wanted; 2.5,0110 fall duo each year. C.ly holds
some stocks and other property, t'aluation of real
estate. 1875, $3,92.3,575.

Detroit. .VicA.— The population In 1370

was

79.601

The value of
in 1874, by State census, 101,063.
waterworks is $1,589,088. against a debt of $l,100,f'0a
The water works bonds are Issned on a pledeo
of the city credit, and $75,1100 per year colAslected in taxes to pay inteicst on them.
sessed valuation, 1875, real estate, $iO,22S,875;
personal. $7,448,755 -total, $27,774,630; true value
Tax rate, $3 04 per

estimated at $92,582,100.
$100.

misoMOi. y. J— Total debt of the city of Eliza1, 1675, wat stated at $5,400,000, as follows: Geueriil debt, $950,000; assessment debt,
The finking fund has to Its credit
ti.Am.OOO.
$900,000. Valnation of real and personal property,
$33,0O.i,00fl; assessed valuation, $16,0(i0.0i)0.
Tax
rate is $2 66 within the lamp and water diftrict, and
ouuide.
Population
in
1875,
25,000.
13
$2
beth August

OITY SECURITIES,
Sobserlbom

-will

[Sept.mbcr 30, 1876.

eonfsr a a;reat ftLVor by glTlns Immediate notice of anjr error discovered In tbese Tables.

DKSCRIPTION.

Date

of

Size or

Bonds.

For explanations see notes on first page of tables
Oalveston, TexasBonds for harbor improvement
City park b»iids (purchase of block 321)
Bonds for various purposes
Galveston County bonds, G. C. &8. F. RK....

INTEREST.
Where Payable and by
Payablel
Whom.

Amount

I

par

outstanding.

When

Rate.

valuB.

Pi-lnclnal—When

Due.

I

I

—

1869 to '71
1873
1860 to '74
1876

10

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

g.

•t

.T.

M &

8

10
10

J.

Galveston.

K.

do
do

Various
J.

&.

New

J.

1880 to '87
1892 to 1902
1874 to '95
1906

York.

In<1ianavoU»

Bonds

to railroads

I^oan bonds, series

Loan bonds,

scries

A
B

...
do
do C
Loan bonds
Purchase-money bonds—Southern Park
School bonds—By Board of School Comm'rs.
.

Jersey Citij—
Water loan bonds, mostly coupon

do

do

do

Forty-year bonds

Improvement bonds
do
do
Morgan street dock
City bonds, coupon
Funded debt bonds
Hudson City bonds
Bergen school loan bonds

1869 to "70
1873
1874
1874
187.5

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

1874
1873

1,000

1852 to '6'
1,000
1869 to '73 1,000
1873
1,000
1871
500 &c
1872 to '74 1,000
1870
1,000

1,418,000
3,109,800
622,000
1,866,000
3,433,000
125,000

1,000
1,000
Various
l,000&c
l,0O0&c
n ,ooo&c
Various

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

1872
Various.

1869
1869
1869

sewerage bonds
Improvem ent and water bonds
bounty loan
Greenville street improvement bonds
Ten-year bonds, coui)ou or registered
JjoitisvUle^ Ky.
For Jeffersonville Railroad stock
Subscription to stock of L. & N. RR
Water works
do
For improvement of streets

Various.
Various.

500 &c.

1876

—

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

Re-constructing street
Public buildings and institutions
Public school and school houses

Sewer bonds
do
Elifcabeth&P. Railroad
Wharf property
Jail bonds

•54,'62,3,8

1868
1869
For old liabilities
1870 to '74
do
do
1871
Louisville, New Albany & St. L. Air Line RR.
1871
Change of gauge, Louisv., Cin. & Lex. RR
do
1871 to '73
RoadTjed
do
1851
payable
railroads
to '63
City bonds
by
Memphis, Tenn.
1867
to '08
Scuool and paving bonds
1867, '8, '9
Post bonds
1870
Funding loan, gold
Mississippi Rivor Railroad bonds
1857
Endorsement Memphis & Little Rock RE
Milwaukee
1861
Re-adjustment bonds
1871
General city bonds
do
1876
do
1872
Water bonds, coupon
registered
1872
do
Mobile1866
City debt A, B, C (payable annually till 1891)
1866
City debt D, E, F (payable annually tiU 1886)
1859
Bonds to Mobile & Great Northern Railroad..
1870
Bonds to Mobile & Al. Grand Trunk RR
1870
Wharf bonds
1871
City funded debt
1871
To Mobile & Northwestern Railroad
1875
Now funding bonds

—

—

Nashville, Tenn.

—

Sewer and improvement bonds
Aqueduct Board bonds
Tax arrearage bonds

(local liens).'

.

do
do

K iliroad debt
Galveston,

>
)

$650,000 applicable (
yearly to interest and<
principal
(

of which all aro 10 per

—The

1852
1852
1852

500

Ac,

ct.

debt is «87.3,0no,
currency except $106,500.

total city

appcssment of

t.axal}Ic

prop-

erty in 1874 was J07,301,M6; taxes for that year,
$510,026, or a levy of $1 85 per $100. Total debt

Jcno.30, 1815, wa8il,455,000. The School Board ia
a distinct organization from the city, created by a
separate act of the Legislature; levies its own tax,
which is collected by tlio City Treasurer. The city

warrants are discounted when sold. The floating
debt of this character, Jan. 1, 1S75, was $200,000,
payable during this year.
Jersey City,— The total bonded debt of the city,
April 1, 1873, was stated at $14,^7,500, as follows:
General, $3,558,000; assessment debt, $6.06 ',5tt);
water debt, $4,6«,00n. The sink's f and was $5-25,565.
Assessed valaation. including railroad property, in
1875, $88,496,885. on which the tax rate was $3 UO
per $100 on $68,496,855, and 1 per cent on railroad
property assessed at $1 ,000,000. Population by State
census in 1875 was 118,883, against 85,000 by U. S.
census of 1870. {V. 2i, p. 521.)

LouisvUle.-Tbc funded debt, Jannarv

1,

1876,

exclusive of railroad loans, was $S,.33n,()0O, against
$S,504,0i0 Janu-iry 1, 1875. Of the $8,.'Mn,00ii there
is payable out of the sinking fund $3,705,000; payable by special tax, $4,625,000. Assets of the sinking fund, .Ian. 1, 1875, were $3,180,625. I'opulatinn
by census of 1870 was 100,750, against 68,033 in 1860;
BOW oatlnmted upon the basis of 7 to a voter makes
120,000. Assessed value of property, about $79,100,000. Real value, $100,000,0. 0. Rate of taxation
for all city purposes in 1875 is— Eastern iJlBtrict,
$2 27 on $100; Western Dieuict. $2 33; State tax,
45c. The following figures give the assessed property valaation for the past six years. For 1868, $59,-

.1.

&
&

A &

5

&
& J.
& D.
& J.
& J.
J. & 3.
J. & J
J. & J.
J. & J.
M. & N.
J. & J.
J. & J.
M. & N.
J.
J.
J.
J.
J.

7
7
8

8
8
8
8

8g.
6

315,000
1,065,000

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

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

6&7

4,042,000
209,000
140,000
2,379.000

6
6
6

6

6

1,

1876.

1,

was

The

1873.

$1,9;0,9;2,

6&

7

7
7
7

total floating

debt

were

(V. 21, p. 186, 570.)

(V. 17, p. 187, 628, 691.)

Mobile.— Tlie valuation of
real

estate

property in 1876 is
$5,377,716 personal
Interest has
per cent.
1873.
A settlement with

and

1^
>Iuly,

bondholders was offered by Commissioners in New
York. Sept., 1875. viz.: $.it0 in 6 per cent bond for
$1,000 of the old

rt

per cent.

The

5

i

er cent

N. Y.,
Mobile, City Treasury.

do

N. Y., Merchants' N. Bank.
Mobile, Mob. Savings Bank

do

do
do

bonds

have a Men on city revenue, and exchange for these

Got.

1,

1893
1894
1894
1895
1899
1878

1877 to '9b
1899 to 1913
July 1, 1913
May, 1891
1892 to '94
June 8, 1900

Jan.,

Various.

July

1,

1896

Various.
Jan., '98 to 1900
July, 1889
July 1, 1879 & '89

Various.
Various.

Juno

1886

1,

April,
April,

1882
1883

1887, '89, 91

March

1

,

1883

1886,' 96, '97

July 1, 1903
1891, '92 & 1903

1883 to '89
July, 1898
June, 1901

1888 & 1903
1878 to 1898
Oct. 1, 1888
1 QQQ
1880, '94 <fe 1901
Sept., 1891
Feb. 1, 1880
July, 1901 & 1903
1881 to '93

1873 to 1902
1873 to 1900
Nov., 1900
July, 1872

June

1,

1891

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

do
do
Merchants' N. Bank.

do

1,
1,
1,
1,
1,

of Mobile.

Newark, City Treasury,
do
do

—

$12,891,825

Bank

July
July
July
July
Jan.

Jan. 1,1901

do
do

Various
Various

6

there

Mobile,

Jan. 1,1889, to '9«

do
do
do
do

do
do
do
do

A.

7

and

Charleston, S. C.

D. Milw. and N. Y. A.Goettel

Various
Various

MUicaukee. The city cannot issue debt b?yond 5
per cent of its average assessed value for five years,
which is $43 545,000; in 187f, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate
in 1875, 2.5.64 mills. SInki g funds are provided for
all the bonds.
There is also about $180,000 scrip
issued to settle old railroaa bonds. Population by

property; tax rate,
been in default since

do
do
do

do
& O.
do
J. & a. Newark Mech. Nat. Bank,
do
do
M. & 8.
do
do
Vai'lous
F. & A.
do
do
New Orleans,
J. & J.
do
M. & N.

7

(unpaid taxes, &c ) to balance
this of $I,&19,041.
A plan has been suggested
for settling the dcot. by scaling one-third and
having a "drawing" system for tlic balance. The
City Council declared the funding and pav)ng bonds
issued by Mayors Ijcftwich and Lofland 1867-8-9 to
have been issued illegally, liut allowed the coupons
to be received, pro rata, according to the amount
realized by the city for the bond-; but a decision"
of Tenn. Supreme Court, December. 1875, was
agiinst ttte city on this point. As-.'essed valuation
of real estate," 1873, $19,329,603; personal, about
$6,500,000. Tax rate, $2 per $100. Population i n

State census, 1875, 101,000.

do

New York,

assets

18;0, 40,230.

& Co.

do

Various
Various

Memphis, 7'enn.— The city has been in default for
nominal

do
do
do
do
do

&"j.

J.

425,974; for 1869, $03,984,091; for 1870, $70,806,712;
for 1871, $76,845,995; for 1872, $77,156,642; for 1873,
$77,225,372.

July

N. Y., Winslow, L.

o.

7

1,000
1,000

interest since Jim.

J.
J.
J.
J.
J.

J.

7

539,209
232.400
329,000
750,000
349,000
363,500
300,000

1,000
1,000
1,000

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

1854-55

racaf.— The

Indlinapolis.

100 Ac.
100 &c,

<v
<h

6

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

c&c

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

1876

—

Orleans
Consolidated debt 1

do
do

1,000

&.

.1.

City Treaflury.

& J. N. Y., Meroh. Ex. N. Bank,
Various
do
do
7
do
do
7
J. & J.
7
M. & N.
do
do
Various
do
do
7
do
7
J. & J.
do
do
6&7 Various
do
7
&
J.
do
do
J.
Various
do
do
7
do
7
J. & J.
do
7
do
do
J. & J.
do
do
7
J. & J.
Various
do
do
7
do
7
J. & J.
do
J. &V.
do
do
7
6
A. & O. N. Y., Mercantile N. Bank,
6
A. & O.
do
do
Various N. Y., Bank of America.
6
M. & S
do
do
7
Various
Lonisville.
6
7
J. & J.
N. Y., Bank of America,
do
Various
do
7
Various Now York and Louisville.
6
6
J. & J. Louisville, City Treasurer.
N. Y., Bank of America,
7
J. & D.
Various
do
do
7
6
Various Louisville and New York,
do
A. & O.
do
6
do
do
6
J. & D.
Various
do
do
7
M. & S. N. Y., Bank of America,
7
F. & A.
do
do
7
do
do
7
J. & J
Various Now York and Louisville.
6
Memphis.
6
J. & J.
N. Y., P. M. Myers & Co.
6
J. & J.
&N.
do
do
M.
6g.

—

Nashville & Chattanooga Railroad
1849
Various city bonds
1866 to '76
Ifewark
Bonds, various city purposes (s. fund of 1869)
War bonds, floating debt, ifec. (s. fund of 1864)
Public school bonds
Oliuton Hill bonils, coup. & reg. (s. fd. 3 p. c).
1875

Ifeto

1,000

J.
J.
J.

6

787,500
2,362,000
341,000
70,000
300,000

&0,

500

7-3
7-3
7-3
7-3
7-3
8

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

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

500

Jan

145,000
300,000
300,000
300,000
200,000
100,500
100,000

500

Various.

do
do
do

500

June
Jan.
Jan.

1,
1,
1,

1896
1902
1902

1875-77-79
1876 to '94

1876 to '93
1878 to '91
April, 1888, to' 91
July 1, 1895
1879 to '93

1876 & 1892
1886

1, 1892
1, 1892
1892
1874-5 & 1894

July

May

per cent of their face in the new 6
per cents. This has been accepted to a considerable extent, but no report yet given. Population
about 38,000.
(V. lO, p. 302.)
is offered at 75

Kofihville, 7'«m.— At the close of the fiscal year,
Sept. 80, 1875, there were $181,100 of post due bonds
and $136 410 unpaid coupons. The total debt was
$1,737,2-2. Assessed valuation of all property, about

$13,63j,:75; tax rate, 1875, 2 per cent.

—

Newark. The bonds in the first lino in the table
aro payable out of the sinking fund of 1869, which
amounts to $:^85,368; those in second line out of
sinking fund of 1864, $8 2,757; public school bonds
outof public school fund, $89,034; Clinton Hillbonm
by sinking fund. $22,221, again.«t local improvement bonds the city holds $2,568,C8J of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1876, were $767,750. Valuation of
real and personal property, 1876, $96 218,000. Tax
rate for all purposes, 1876, $1 90 per $10.', against
$1 98 in 1875. Population in 1870, 105,059.

New

Orleans.— Interest was in default December,
but coupon.i then due were paid May 15, 1875.
total funded debt, April, 1876, was $-20,872,332;
certificates, coupons unpaid, &c., $671,781; other
floating debt, $1,14.5. 125. The assessed valuation of
property is $98,463,26it real estate, and $2n,118,838
personal. State tax, 14}i mills; city tax. 25 mills;
scheme for settling the debt by
total tax, 39>f .
ft
bond premium drawing plan is in practice, an<l
1874,

The

A

drawings take place Jan. 31, April 16, July 31. and
Oct. 15. The premium bonds exchanged for others
and outstanding. April 15, 1876. were i5,667,300.
Population in 187", 191,418; <n 18B0. l:m,6:o. (V, 21,
p. 64, 86, 159, 278, 511, 613; V. 22, p. 471. 615; V. 23,
p.

8.^,

135.)

.

.

CITY SECURITIEa

September 30, 1876.]

a xreat Otvor hr kItIiik Innnedlata aotlca of anf error dteeovered la tbese Tablaa.

salxirrlbera vrlll oonPsr

-DESCRIPTION.

Date of

Size or

Amount

Bonds.

par

oututuudlng.

For explaaationasoeuotes on llrHtpago of tables.

Value.

JVew Orleanis—( Continued )—
Waterworks loan of 1869
Seven per cent funding loan of 1869

1869
1869
1870

do

do
1870
Jefferson City (debt assumed)
Wharf Impr. bonds (assumed by lessees)
Street improvement bonds
Consolidated gold bonds (gouoriU scries)
do
do
(draliiago scries)
Ten per cent bonds, dellcit and old claim. ..
Carrollton funding and inipro\ timent bonds
New premium bonds (in exchange)
Hew York

•57,

Water stock
>

,

Market stock
City Cemetery stock
City Improvem't st'k (part red'mable after '96)
do
do
,

I^imatic

Asylum

stock.

Fire department stock.
Fire telegraph bonds. ..

Tax

relief

bonds

do
do
coupon
N.Y. Bridge b'ds ($500,000 red. after July, '96)
Accumulated debt bonds
Street Improvement bonds
Street opening and imjjrovemont bonds
Volunteer soUiiors family aid fund bonds
Ninth district court house bonds
Ck)nsolidate<l stock, coupon
Department of l^iirks impx'ovemcut bonds
Assessment bonds
City p.'irk.s iuiiirovemont fund stock
Normal school fund stock
1

Public school building fund stock
Additional Croton vrater stock
Sewer repair stock
Consolidated stock
do
(redeemable after July '06)
Musonm of Art and Natural History stock
Liquidation of claims and Jmlgnients

175,000
590,000
133,000
911,000

1,000
1,000
1,000

Imjnovement of Third avenue— '23d ward
Third district court house bonds
Coimty court house stock
do
do
No. 3
do
do
No. 4cS:5
SohUcrs' bo uuty fund bonds
Soldiers* subs, and relief red. bonds
Soldiers bounty fund bonds. No. 3
Soldiers' bounty fund red. bonds, No. 2
Blot damages red. bonds
indemnity bonds
do
Assessment fund stock

1841 to '63 100 Ac
1870
100 &c
184.5 to '60 100 4c
186.')
100 &c,
1870 to '72 100 &c,
1871 to 'TZ 100 &c.
1865 to '72 100 Ac,
1867 to '70 100 &c,
1869
100 &c.
1853 to '57 100 &o.
1853 to '57 100 &c.
1857 to '65 100 Ac.
1870
100 &c.
1860
100 &c.
1865 & '68 100 &o.
100 &c.
1869
100 &e.
lOO&c.
100 &c.
1869
100 &c.
100 Ac.
1869
100 Ac.
1870
500 Ao.
too Ac,
100 Ac.
100 Ac,
1 00 Ac,
100 Ac,
1863
100 Ac,
500 Ac,
1871
100 Ac,
100 Ac,
100 Ac,
1871
1871
100 Ac,
100 Ac,
1871
100 Ac,
1871
1873
100 Ac,
1874

18(>4

1864
1865
1865
1864
1864 to '72
1868 to '72
do
do
1873
do
do
1874
do
do
1875
Repairs to buildings stock
1870
Consolidated stock, coupon
1871 to '72
Accumulated debt bonds
1869 to '70
N. Y. and Westchester Co. improvement bonds
1870
Consolidated stock
1874
For State sinking fund dollciency
1874
Debt of Westchester towns annexed
Norfolk, Ya.—
Registered stock
CoujTOn bonds

1874
do
1870
tnist fund
do
1872
do
1873
X)aving
do
water (a mort. on water works.)
1871
Philadelphia—
Bonds issued prior to consolidation
do for railrcuul stock subsidy subscript'ue
1855
do for water works
1855 to '71

N&w York City The total debt of New York
Jannary I, 1876, was tl44.522,02S; the amount of
sinking funda $-27,748,307. The following si;itcmcnt
shows the details of funded debt, and the amount
in the city linking fund at tiie dates named:
Jan.
Description.

Jan.

1,'74.

$

Jan.

1, 'IS.

$

1, '76.

t

Fundeddebt

99,493,319

118,241,.^l>7

Sinking funds...

24,&3'2,bl7

26.615,778

119,056,903
87,748,307

Net debt
.74650.602
9I,30S..'^96
91,6>5,T79
Temporary debt.. 31,927,:Wi 20,.'i.Vl,rO!J 21,83i.2l)0
Kevenue bonds... 9,79(1.978
2.7O7..tO0
4,H2.»Jo
The population of New York by the U. .S. census
in 1870 was i!22.531, against 8ii.5,6.-)8 in 1860. Since
Jan. 1, 1861, the valuation of property, the rate of
taxation, and the net amount of funded debt have
been as follows:
^Ratetaxp.
Net
Personal
Real
$1,000.-,
Funded
Year, estate.
estate.
State. City.
debt.

$
186I..4C»,9.5.'>,665 174.621,306
1862..399,.".lj6,404 172,416,(131

3 62
3 87

188:!..402,lS7,3f<2 191,967,161 4 27
18(H..410,774,43.') a2:{.9J0,.'>05 5 31
1865..427,S60,8S4 18\,42;1.471 4 «6

1866..47<,994.9:M 2i7.9M,»7l 3
1867..^55,417,062 37«.:i-(9,)51 4
)g68..62:),2:l6,555 285,199,972 6
l!'69,.68),18:l,918 281,142,696 2
]870..742,10;i.075 ;W5,28^,874 2
1871.. 769,3 2,260 3(16,iM7,2:i3 4
18r2..797,148,665 306,919,422 5

91
67
13

72
70
43
20

36 36
13 45
16 08
17 29
24 (H
19

0(i

—

•

20,087,301
21,695,506

•

Uarcb
June

5A6
6
5A6

.— F.

6

.— F.
.— F.

3,832, .500

13,492,800
5,465,000
200,000
636,000
635,000
265,00(.)

8,779.700
1,550,000

725.000
339,6.50

41.000
245,000
2,500,000
600,000
158,091
4,000,000
946,700
745,800
370,600
1,000,000
855,204
1,719,400

Ac,
Ac,
Ac,
Ao,
Ac,
Ac,
Ac,
Ac.
Ac,
Ac,
Ac,
Ac,
Ao.

492,700
252.000
900,450
100,000
8,885,.500

6,000,000
30,000
1,680,200
3,899,493
1,500,000

100
100
100
100
100
100

6
6
7
6
6

7A6 g,
6
6 A7

3.5,973,.597
..

3:l,(>>1.683

j
I

|

[

116,773 721

New Orleans.

1B02

1899
1804
1895
to 1897
1880
1, 1911
1, 1922
1, 1922
1, 1881
A 1901
1,
1,
1,

,

1879 A 1880
Nov. 1,1902
1883 to '90
1884
Aug. 1, 1900
Nov. 1,1900
1907 to 1915
1907 to 1911
1880
1887
1898

N.

n.

;.-F.

..-F.
M. A N.
I.— F.
'.— F.
I.— F.

1876, '87

M. A N.
Q.-P.

A '95

7
6

M.
M.

1901 to
1878
1804 A 1897
1888
1889 A 1926

7

jr.

1889, '92, 99

Not.

yr.&y.

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

5

April

do

A N.
A N.
A N.
6A7 M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
M. A N.
7
M. A N.
6
M. A N.
7
6
M. A N.
M. A N.
7
6 A 7 M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
7
6A 7 M. A N.
M. A N.
6
M. A N.
6
6
M. A N.
M. A N.
6
6
J. AD.
M. A N.
6
6
M. A N.
6
M. A N.
M. A N.
7
M. A N.
6
6
M. A N.
M. A N.
7
M. A N.
6
6
M. A N.
6
M. A N.
.M. A N.
7
M. A N.
7
6
M. A N.
,M. A N.
6
M. A N.
6
pM. a N.
7
M. A N.
vr
!m.a N.
IM.
6
A N.
««• IM. A N.
IM. A N.
'm. a N.
6
J. <£ D.
7
M. A N.
7

500,000

Dec.

Aug.
July
July

.-P.

5

1,063,214
29,500
175,500
192,500
189,300
6,940,741
1,725,000
6.500,000

A

6&7 mTa

3,341,071

399,300
6,349,800
5,250,000
2,748,000
296,000
75,000
1,151,096
8,089,400
700,000
521,953
597,586
2,767,000
3,000,000
2,100,000
6,500,000
3,664,839
1,000,000
266,500
300,000
5,816,500

M.

a

490,000
450,000

Ac.
Ac.

A O.
AN.

2,420,700
500,000

A.

1887

•

g.

6

J.
J.

8

M.

The equalized valnations by S'ate Board in 1875.
were $1,205,531,.'!80, of which $933,050,399 was real
estate. The true value of real estate is CHtimated at
$1,9.35,021.510.
By an act of 1874 the towns of West
Farms, Morrisauia and Kingsbrid^e, embracing
about 12.000 acres, were annexed to New York.
Prom the termination of the Tweed regime in
1871 to January. 1S7.'), the gross increase in debt was
$.3.3,3.52.0-19, and Compiroiler Green has claimed that
the old demancls existing when he took office.
together with the bonds issued to pay defieiency in
State sinking fund, and for un-town improvements,
aggregate more than this whole increase. All unadjusted claims against the city Jan. 1875. were nominally $6,971,1-19, a large part of which the Comptroller claims to be fraudulent and has determinedly
opposed. The outstanding assessment bonds (payable out of local assc-sments on propcrtvbenefttted)
are represented by advaneee to contractors, advances on Boulevard work, and uncollected local
assessments.
E.xtract from Mayor's Message of
January, 1876, is given In V. 22. p. 6!. (V. 20. p. 14,
29; V. 21, p. 86; V. 22, p. 563; V. 23, p. 133, 160.)

26,I85,1!»0
.3:1.769,601

S
B

—

Jan.

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

8

250,000
3,456,000
3,656,000
965,637

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

New OrleanB.

I

^

22 0:i .„ 32,911,421
70 17 a 35,98:1,617
19 98
4?,7M,8t0
19 80
7;l,.373.5.52
17 90 " 88,:169,386
3:181 " 95,582 1,'5:1
19 59
106,363,471
21 05
115.187.969

5 41
1874. .881.647.995 272.4S1.181 6 95
187B..883,61:i..545 21T,300,151
29 40
•'—28 00—'
1378..'
1,11!,054.00C
1873..8.'?6,6'j3,3-(0 292,51)7,613

f
I

100
100

A J.
A B,
A D,
Various
J. A D,
F. A A.
M.

670,850
25,925
7,210,620

2,i)00,000

Principal— When
Due.

J.

J.

8
7-3
7-3

7

INTEREST.
Where Payable and by
Pay'bic
Whom.

When

510,(K)0

Various.
1871
1871 to '72

1873
1873
1874
1874
1862 to '68
1871
1872

7
7

1,351,0.50

—

do
Croton water stock
Now Croton Aqueduct stock
Additional new Croton Aquedaot
Croton water main stock
Ootou Reservoir bunds
Croton Aqueduct bonds
Oroton water pipe bonds.
Central Park fund stock.
do
do
Central Park improvement fund stock
Dock bonds
Floating debt fund stock

5

$1,138,600
1,964,800

'ni.no

1870
1871
1872
1872

Rate.

A'or^o'i.— The bonds dno April, 1892, are two
series— series 1st, is-^ued to A M. & O. UR. and
Raleigh & Gaston RR. ccries 2d, to privaie parties.
Both series arc secured by deed of trust on city
property.
Coupons of 1st series arc payable at
Citizens' Bank; coupons of 2d series at Peoples'
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
;

Philadelphia.—The total funded debt, Januarv 1,
1R76, was $",6,655,691; guaranteed debt, $'),:199,400;
floating debi, SS,ti'il,4:l2. Sink.ngr»nds, SlO,03O.;10O.
The net increase of debt in 1875 was only $2&:l,.559.

J.
J.
8.

1,

'5

i88»
1889
1884
1879
1890
1905 A 1920
1884 to '88
1876,

'77, '78, '88

1879 to '82
1876
1890
1890-1901
Nov. 1,1876 to '80
Nov. 1,1876 to '80
Deo. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
1894 to '96
May 1 1926
1903
1876
Nov. 1, 1877
Nov. 1, 1890
1876 to '92
1884 to '88
1894 to '93
1883 to '90
1880 to '81
1895 to '97
1891
1877 to '79
1882
1887
1903
1876 to '78
1910
1884 to '88
1901
1884 to '88
1891
1896
1877 to '86
,

S
a
Norfolk, Treasurer's Office,

do
do

do
do

O. Norfolk, Clt. A Peop. Banks
J. Norfolk, Ti-easurcr's Office.
New York, Park N. Bank.

N.

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

A Mech. N.
do
do

B'k

1878 to '85
1894
1890
1892
1893
May, 1901

Jan..
Sept..
April,
July,

1876 to '85
1876 to 1903

Total disbursements of the city for 1875 were
$13,446,451, classified as follows: Judgments, Ac,
$378,422; interest on city loan, $3,734,215; interest
on endorsed warrants, 8PJ6,898; sinking funds,
$785,899 ; warrants of previous years, $3,9:17,417;
amount paid on loan warrants. $1,447,809; for the
erection of public buildings, $520,412; school fund,
$2,451; State tax on eeltlcmeiit, $5?.5I5; cash for

departments, $2,.389,.377.
'fhe Comptroller's
statement to form a basis for taxation in 1876,
wns issued Nov. 1, 187.5, maldng total estimated
the

liabilities, $36.296,SS2 64.

Of this amount $9,298,202 was estimated to come
from other sources than taxc«, leaving $17,000,080 to
be raised by taxes, at a rate of $:)0 per $1,600 on fnll
city property.
These estimates, however, were
materially reduced by the Councils, and the tax
rate was kept at 4^ 15 for full city property. The
followiug table exhibits the assessed valuation and
tax rate In the city since 1870:
I car.

1870.
1S71.
1872

1873
1874
1875
1876

Rtal

Personal

Rate Tax

Estate.

Estate.

$470,851,800
491,811,096

$8,188,873
8,592,788
8,608,819
8,930.700
9,289,933
9,434,873
10,004,673

per $1,000
$18 00
18 00

502,415,86:1
618,2:14,568
539,00:),602

B6.%»49,095
685,408,705

aoso
SI .10
82 OO
21 60
31 50

largo amount of city debt maturing In
the next five years. Assessed valuations for loT6 are:
properly,
$537,21.3.282; tax rate. $2 16;
Full city
suburban property, $38,031,673; tax rate, $1 46; farm
proiwrty, S20,ltw,423; tax rate, $1 I'JX- Population,
1S70, 674,022, against 565,529 in 1880.

There is po

..
.

CITY SECUEITIES.

zfi

[September SO, 1876.

Subscribers will confer a great faror by girlns Immecliate notice of anf error dUooTered In these Tables.

DESCRIPTION.

i)ato of

Size or

Amount

Bouda.

par

outstuudiug.

For explanations boo notes on first page of tables.

Value.

INTERIIST.

When

Kato.

Principal—Wlien

Wlierc Payal)le, and by

I>uc.

Whom.

Puy'ble

—

Pliiladelph ia—f Continued)
Bonds for bridges
do for park and Centennial
do for war and Iwuuty purposes
do municipal, school, sewer, &c
Guaranteed debt, gas loans

18.^9 to '70

11,660,3.50

.

1868 to '74

4,413,400
1,537,286
2,179,469
4,800,700

184.5 to '72

Compromise lailroad bonds (coup, and reg.)..
1863
Bonds impr. Poun.av., &e. (local assossmuut). 1871 to '73
Portland,

to Atlantic

St.

Lawrence Railroad Co.

do
do
do
do

Bonds

6

4

6

1876 to 1905

7

Various

1893 to '98
1877 to 11 2e
1913
1883 to '85

6
6

M.

Me.—

&
1,000
Portland & Rochester Railroad
500 &a.
do
1872
do
1867 to '68 i',6oo
Building Loan Commissioners
Portland & Ogdcusburg
1872
Municii)al— proper
}
18D2-75 500 (be
In aid Atlantic & St. Lawrence Railroad Co >
Providence, li. J.—
Loan to Hartford, Providence & FishkiU BE.
lOOO&e,
Loan

for public

improvements

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

do
do

do
do
do
do
City Hall & sewer loan b'ds, sterling,

op. or reg
Prov. & Sprlngllold RU. bonds, guaranteed...
BocheMer, N. T.—
To Genesee Valley Railroad
To Roch. & State L. and K. N. & P. Railroads.

For variou.s cit.v improvements
Water works loan, coupon and registered
Funding loan
San Francisco

coupon

& St.

(gold)

Jose RR., coupon (gold)..

Judgment bonds, coupon

1855
1863
1873
1874
1876
1875
1872

1000 Ac.
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c,

£100
1,000
lOOO&o.
Various
lOOO&c.

1875

—

JSan JfYancisco
Bonds of 1858,

68,'69,'70
1867 to '69

(gold)

Central Pacitlo Railroad, coupon (gold)
do
do
Western PaclUc Railroad,
School bonds,
do
do
Judgment bonds,
do
do
School bonds

Park improvement bonds
Hospital bonds
House of Correction bonds
Bavamuih. Oa.—
Construction of water works
Improvement of Savanniili River
Savannah, Albany & G iiU' Railroad
Funding coui)on8 and other purposes
Redemption of bondB
do
do
Bonds for city improvements
Harbor, &c. nupro vemcnts
For floating indebtedness

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

1853
1853
1853
1866
1869
1870
1870
1872
1873

,

500
500
500
500
500
500
500
500
500
500

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

500
500
500 Ae.
100 Ac.

787,000
700,000
450,000
570,000
J
}

1,350,000
2,230,300

375,500
500,000
600,000
300,000
2,000,000
2,000,000
1,.500,000
1,400,000
500,000

534,000
500,000
400,000

Joseph, Mo.—
to St. Joseph & Denver City RI^, 1869. 1860 to '69
500
Missoml Valley Railroad
do
1869
500
Bonds for various pm^poses
1858 to '69 100 Ac.

St.

Bridge bonds

1871

500

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

J.

a"d.

J.

Bost., Blackstsne Nat. B'k.

July 1, 1897
June, 1877

Boston and Portland,
do
do

1907
1876 to '91
AprU,1877

m'nthly

5

A.

O.

6

J.

J,
S.

J.

Providence.

Jan.,
Sept.,

do
do

J.

J Boston, Prov. and London
J. N. Y., N. City Bank, A Prov.
do
do
J
J London, Morton, Rose A Co

F.

A
A

N.Y., Metropolitan N. Bk.

J.

New York and Rochester.

A.

do

Various
J. A J

do

N. Y., Union Trust Co.

do

A J.
7 g. Various
7g. A. A O,
J. A J.
%«
7 g- M. A N
%^- A. A O
A. A O
7 g. J. A D.
6 g. J. A J
6g- M. A N,
J. A J.
6
F. A A New
7
M. A N.
7
J.
A D
7
7
J. A J.
M.
7
A N
7
J. A J.
M. A N
7
J. A J.
7
7 - J. A J
J.

108,.500

1,000
1,000

J.

Boston, Foote A French. Nov., 1886,'87,'88
Boston, Columbian Bank.
July, 1887

N.

6A

do

San Francisco,
do
do
do
do
do
do
do
do
do
do
Y'ork

do
do
do
do
do
do
do
do

and Savannah,
do
do
do

do
do
do
do
do

Various N. Y., Nat. B'k Commerce,

7

A
A

Various

St.

do
Joseph and

New York

J.

N. Y., Nat. B'k

Commerce

M.

7
10 A 6
10

N,
J.

do

1876
1885

Jan., 1893
Jim., 1900
Jan., 1900
1, 1906
1, 1895
1892

July
July

Providence.

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

349,-500

Philadelphia.

A
A

A
A
M. A
6
5
J. A
5&6g. J. A
5g. J. A
J. &
5 g. J. A

548,000

500

Bonds

A6

172,000
750,000

1,000

500 Ac.

5

1,065,000
3,182,000
410,000

198,000
04,500
937,500
368,800
117,000

1876 to 1903

6

5,399,400

PUtsbnrffh—
Water extension loan (coupon or registered/
Funded debt and otlicr miuiicipal bonds

A J. Phlla., Far. A Mech. N. B'k.
A J.
do
do
A J.
do
do
6
A J.
do
do
A J.
do
6
do
A. & O.
7
Philadelphia.
A7 Various Pittsburg, PhUa. & N. Y,
A5 J. A J. New York, B'k of America,
6

$4,853,500
8,696,100
11,650,000

18«8 to '70
1862 to '65
1860 to '70

1878 to 1003
1893
1876 to 1902
Jan. 1,19»3
1905
1, 1888
1877 to '78
1, 1883
July 1, 1894
Mayl, 1895
April 1, 1881
Oct. 1, 1887
June 1,1882 to '00
1897 A 1904
Nov. 1, 1891
July 1, 1894

Jan.
Oct.

1878

Feb.,

Nov., 1883

Dec, 1888
Feb., 1886
Nov.,
June,
Nov.,
Jan. 1
July 1

,

1879
1890
1900
1902
1903

1880 to '89
Nov., 1889
1878 to '89
1891

Bt Loiiti—
floating debt bonds
buildUifcs and general purposes..
improvement bonds
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal pm-poses, gold or sterling
Reufewal and Improvement bonds, gold
Renewal, Ac, bonds, gold or sterling, coupon.

Renewal and
Real estate,

Street

Bridge approach bimdJs (gold)
Anticipation bonds
iS*. Louis Count)/Renewal bonds, coupon

Bonds to railroads, coupon
Insane Asylum
County Jail

'.

General purposes, gold
Renewal, gold

Park bonds, coupon, gold
County bonds

1846 to '71
1840 to '08
1851 to '6(;
1856 to '58
1868
1855 to '69
1852 to '68
1867 to '70
1872
1871 to '73
1873
1875
1874
1872
1876

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

500

680,000
1,074,000
657,000
2,072,000
461,000

1,000

1,200,000

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

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

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

Various
Various
Various

499,927
67,210

500 Ac.

200,000
100,000
100,000

Paul, Minn.—
Revenue bonds

2,010,000

6

1,2(>0,000

6
6

166,000
337,000
346,000
914,000
1,219,000

PrefeiTcd bonds

1868

^

Toledo,

1,000

6

1,250,000

6g.
6g.
i«-

toM

debt Feb. 1, 1875, was $1.3,PUlsbMrah.—Tae
533,819, including water loan and bonds, char^'eable
local assessments. Cash valuation in 187.'j
Real
property, $149 4o9,070; tievjonal, only $S,6:7,<>4S,
according to Comptroller's report. Sinking funds,
Pounlatioa about 140,000,
$55:i.'i08.
Portianrt, Me.—'Yhe sinking fund March 31. 1876,
wa8fSS7.19'.. The city is protected by mortgage.'!

on

:

&

St. I.awr, and on Portland & RrtchesAt.
ter Railroad*, and holds 7,14.3 shares of Portland &
Ogdensburgh stock. Assessed va'uc of real estate
In 187t', was $18,708,509; personal, $11,951,85). Tax

rate, $25 per $1,1100. Population in 1870, 31,413,
against 26,341 In 186'.
Prmidena, iJ./.— The principal debt of Providence
has been created since 187S for water works. 1'he
floating debt at close of fiscal year September .30,

1875,

2(>3,125

6

g.

g.

6g.
7

A J N. Y., Nat Bk. Commerce,
do
A J.
do
do
do
A J,
7
M. A S.
do
do
7
do
do
g. J. A D.
do
do
6g. J. A J
do
do
6 g. !A. A O.
do
do
6g. M. A N,
12 A 7 'm. a N, St. Patil and New York.
IM. A N,
do
do
7
Various N. Y., P. M. Myers A Co,
8
6
J. A D,
6
J. A D. N. Y., Farmers' L. A Tr. Co.
6g.

J.
J.
J.

was

$-2,020, '.96,

and funded debt,

$6,797,250.

assesped valuation of all property In 1875 was
tl8S,OS4,100 against *123,b82.S00 in 1874. Rate of tax,
14 BO per $1,000. The sinking fund for bonds due
tn 1885, $410,674; shiking funds of 1893, $149,972;

H. P.

& F.

1,000,0(K)
728,(K)0

8
7-3

l^ochesfer.— The

A.

M.
F.

8

Various
Various

7-3
8

7

New York,

A O
A N,
A A

6
7

F.

do
do
do
do
do
do
do

A A

Various
Various

A8

Railroad bonds held. $500,000.

by U. S. census, 1870, 6S,901;
1675, 100,B(30.

tion

1877 to 1881
1878 to 1880
July 1,1887
Sept. 1, 1888
June. 1802
1893 to 1895
April 1, 1905
May 1, 1895
1876 to '90
1870 to '86
1889. '90, '96

1888 A '98
1900

7

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

.

The

g.

6

O.—

•70,'71,'74
General fund and doflcioncy bonds, coupon.
Toledo & Woodvillo Railroad, coupon
1870
1859-'65
Various City imvposes, coupon
185y-'74
do
do
do
do
do
do
1869 & '73|
Floating debt, coupon. . i
1867
Water works
1873 <fe '74l
Short bonds, chargeable on special asscssm'ts 1873-'75

on

6
6

3.i»50,000

St.

8 percent bonds
Railroad.
j^ake Superior
~
- .
~ ...,.• A Mississippi
St. Paul ife Chicago RaiU'oai
Public Park (Como.)

6

1876 to '91
Various N. Y., Nat. Bank Republic
do
do
1870 to 1906
Various
1879 to '86
Various
do
do
1880 to '83
Various
do
do
Aug., 1878
do
F. A A,
do
1876 to '89
Various
do
do
1877 to '88
Various
do
do
June, 1887, to '90
J. A D, New York and St. Louis
April 1, 1802
A. A O, N. Y., Nat. B'k Commerce.
1891 to '93
Various
do
do
Nov. 1, 1893
New York or London.
M. A N.
do
May 1, 1895
M. A N,
do
July 1, 1894
do
do
J. A J.
Dec. 10, 1892
J. A D. N. Y., Nat. B'k Commerce

Popula-

by State census,

bonds of Genesee Val. RR.

1876 to '88
May, 1900
1877 to '84
1870 to '89
1878 to '79
Aug. 1, 1877
1893 A '94
1876 to '81

property valued nominally at about $4,237,600.
Assessed value of real estate, $11,000,000. Poptila-

Mon
loan.

$172 000, are provided for by net receipts fronva
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 3-;.
San Francisco.— Population by the V. S. census
of 1870 was 149.482, against .56,802 in 1880.
Real
estate in the fiscal year ending June 30. 18'6, wa
assessed at $16'.',014,327; personal property at $99,160,814; sinking funds raised annually amount to
$'34,500.
Tax rate,
per $100 for cltv and
county, and .64 9 in for State purposes.
Total,
2.C9 9-10. All tUo values for San Francisco are given

$15

in gold.

Savannah, On.— To provide for floating debt and
maturing liabilities in 1873 and 1874 $40.1,000 bonds
were issued and sold in Savannah realizing 8;3J»,730,
and leaving only about $136,277 of floating debt
Dec. SI, 1S74. The city owns real estate and other

in 1870, 23,2:J5, against 22.293 in 1860.
.Wo.— Popnlation in 1870 was li>,5e5,
8,9;12 in 1^60. Assessed valuation of property,
$11,000,000; rate of tax, •2;lmills. (V. 23, p. IS'i, 175.)
St. Jo'epfi,

against

St. iOKi.",— Population by the U. S.
310,864, against 160,773 in 1860.

was

census in 1870

The

city

and

county governments and finances are separate.
Total funded debt. Mar. 1.3, isril, $16,81H,000. Floating debt, Oct., 1875, was. $1,027,000. Taxable valuproperly, 18T5, $160,125,700; tax rate in
$3 42 per $100. (V. 22, p. 513.1
St. Paul, 3ffnn.— Popnlation in 1870 was 20,030;
in 1875, by State censas, 31,2;37. Assessed valnation
of taxable property, $13,194,885. or about one-fifth
ation of
lt76,

of the actual value; tax rate, 14 mills. (V.

15, p. 626.)

Toledo— VmAcA debt, Jan., 1876, $2,828,754; increase duringl87>, $186 8^7. Debt payable by special
assessments. $728,090. Taxable valuation of property, $19,798,580; tax rate, $4 44 per $160.

..
.

BAILEOAD STOCKS AND BONDS.

Sej^temler 30, 1876.]
Sabscrlbers

irlll

.,

confer a ffreat favor bf glrlns Immediate notice of aaf error dlneorered la these Tables.

DESCRIPTION.
&o., boo notes

of
Road. B(Uid8

2!«(

2UG

milo, not guiirantood
Eccclvisi's liondsor cwtillcutos

Albany

20i
142
142
142
142
142

tC Siisiiuehamia—Sioali
Ist inoit/jago

per

U)oi(j;ago
uiortgaKi!, sinking fund
CouHol. niort. (guar. 1). & II.) ooup.,

yearly)

ot.

2<l

3d

may

bo

rog...

im:i
1805
1805
1809
1870

202
132
262
110

AlhghUHij Yalhu—Sioak
Gcnpral mortgage

Alexandria it tYeflricksliHri/—\»t mortgage
Arkansas Central— Ifit & 2d luurtgagus, gold
Ashtabula, Yaunqstown <£• i'JWu.— Ist mortgage
2(1 inorlirage. Income
Atchison* Nebraska— l»t mortgage
Atchison, Topeka it Santa J"*— Ist mort., gold
I^and grant mortgage, gold (on 3,000,000 acres)
Income bunds

Value.

per
Outstanding Rate
Cent.

1,000
1,000
1,000

5,220,000
2,073,000

100

3,500,000
1,000,000

1

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

50

2,166,.50O

1,000

4,000,000
3,400,000
9,980,000
5,403,900
1,000,000
1 ,200,000
1,500,000
400,000

1,000

100 &c.

500 Ac.
1,000
1,000

1,000
1,000

400
400
400

3d
do
do
(1(120,000,000)
Leased lines rental gold bunds (CI. & M.)
do
do
(P. P., P. V. and 8. & A.)
Westeni Kxtcnsion certlllcatcs (CI., Col., Cln. & I.)
do
do
do
bonds
Atlantic

(7k//—Common stock

it

100
100
100

87
585
585

<t

1871
1871
1871
1872
1873
1873

346

Guaranteed stock
Consolidated 1st mortgage
Bavunnali Albany & liilli RR. mort. bonds
Southern fluorgia & Florida, 1st nu)rtgago
do
do
2d mortgage
Atlantic, Miss. iC OAio—Stock, (com'n, pref. & guar.)
1st mort. consolidated, gold (for $15,000.000).

286

1867

"58
58

1809
1869

428
428
428

. .

2d mort. to the State (no interest till 1880)
Norfolk & Petersburg— 1st mortgage
do
do
1st
do
do
do
do
2d
Soutli Side- 1 st preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do
Virginia ATcunossee— Enlarged mortgage
do
do
4th mortgage
do
do
Registered certificates
do
do
Interest funding bonds..

1871
1871
1857
1857
1868
1860
1866
1806
1854
1805

81
81
81

133
133
133
214
214

1809

Paci/ic—Common stock
Preferred stock, Mi8.souri division
do
do Central division
Ist mort. (Southern Pacilic), gold (land grant).
iBt mort. (At. & Pae.), gold, on 500 acres land.
2d mort. (At. & Pae., Mo. J)iv.), gold
1st mort. (Cent. div. At. & Pae), gold
do
do
land grant
do

32S
328
328
2»3
293
203
35

<e

1868
1868
1871
1S71
1871
1873

Income bonds for funding
Equipment bonds
Interest scrip (exchangeable for bonds)
Plain bonds, scrip exchanged

Land debentures

3d

do

sterling,

5-20year8

do

do

<t-

Alabama Central.— la default since January, 1878.
Negotiations pending for a new adjustment.
Atabami <E CAaWanooyo.— Road sold May 3, 1S75
for f l,20a.OOO, subject to lien of receiver's certiflcstes. To be sold again October 4, 1870. (V. 21. p.
01, 8:, 135,

ibo
100
500 &c.

300,000
157,000
458,000
675,000
621,000
452,500
990,000
963,000
87,811
226,300

1,000
1.000

200 &c.
200 &c.

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

8,300,300
10,000,000
1,400,000
7,188,500
2,829,000

500 &c.
500 &c.

2,015,,500

1,189,000

795,000
599,300
753,000
302,500
1,290,500

450,000

157,

Albany ({ Suxijiiehanna.— This road was leased for
150 years from 1870 to Delaware & Ilud-on Canal
Co., at 7 per cent per annnm, on stock imd bonds.
Importnnt change
term." made in 1876. Consol.
mortgage is for $10,0;)0,0. 0. of which !f3,4.W,ono is
to retire old l)onds, and balance for a part of old
stock and to \ca.ica for hnprovcments, wtiich up to
April, 1876, were $1,978,618. (V. 22, p. 399,495; V.

m

100

28,6(X)

£100

4,970,680
787,000
1,500,000
713,000
484,000
1,022,900

1,000

£100
£100
£100
100

445

;

V.

2.3,

& O.
& D.
& J.
O.
?«• A.
J. & J.
8
M. A S.
J. & J.
A. & O.
J. & J,
?«• A. & O.
J. & J.
12
& J.
7
M. & N,
J.
is- J.
J. & J
J. & J,

Pittsburgh.
Phllu., Pcnn. RR.
Ijon<lun
Amsterdam.
N. Y., WInslow, I-. A Co.
Pittsburgh, Penn. Co.
Boston, at Ofllcc.
Co.
N. Y., G. Op<lyke

7
A.
7 g. J.
7g. M.
7g. M.

I'-

V.

Atlanta

31a

M.

7
7

J.

7
7

M.
M.
A.

"s

7

Alexandria

6
8
.8

Fridricksburi.—Tha Pennsylvania
Railroad hold.i $512,OUOof the bonds and controls
the road. Loss on operation in 1873, $2S,074.

Arkanens Cmtral. - Mo«t of the bonds were sold in
London, where $600,0!)!! of Sd mortgage bouds were
algo hypothecated. Kcccivir appointed, March. 1876.
(V. 22, p. 374; V. 23, p. 30.'.)
AthtafMa, Youigsioiim <J ««».— It Is leased and
operated by Pennsylvania Co. at cost. Net earnings
?ald to lessor, but lessee guarantees interest on
8t mortgage for
five years.
Common stock,
•1,600.000; preferred, $400,000.
^34.156.

Net earnings,

1875,

A'«Jrnfta.— Interest was in default
1873, and coupnns funtled.
Gross earn(ft

ings, 1875, $a70,9i5; net, $272; unpaid coupons to
Jan., 1876, $750,000. Auniial report V. 82, p. 39tf.

1903

Boston.

T7,'78,'70 &'82

do
do
do
do

July
N.Y.,M.K.Jeeup, P.& Co July
Atlanta, Ga., atTroaa'y, Aug.

1902
1900
1876

1,
1,
1,

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

1902

Nov., 1902
Jan,,
Jan.,

July

1,

1902
1003
1876

1875

Savanuab.
N.y.,M.K.Josup P.& Co.
do
do

J.

do
do

N.
N.

July, 1807

1880
1880

do
do

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

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

Lynchburg

Office.

Oct.

1,

1901

1, 1877
1, 1877
July 1, 1893
Jan. 1, '84-'90
Jan. 1, 84-'00
Jan. 1, 86-'90
July 1, 1884
Mch. 1, 1900
Jan. 1, 1875
July 1, 1880

Jan.
Jan.

J.

&

J.

N. Y., First Nat. Bank.

6g.

J.
J.

&
A

J.

1888
1888
1891
1891
Nov. 1, 1901
Deo. 1, 1883
Juno 1, 1885
Dec. 1, 1883
Deo. 1, 1883
do
do
N. Y., Office of Comp'ny Jan. 1, 1884
Aug., 1876
Portland.
London, Gr. Trunk Rw. Sept. 15, 1876
Portland.
May 2, 1886
Ix)ndon, Gr. Trunk Rw. Oct. 1, 1884
Oct. 1, 1891
do
do
Nov. 1, 1878
do
do
June, 1876
Savannah.

!!«•

N. Y., Office of Comp'ny

do
do
do
do
do
do

J

6g. M. A N
6g. M. A N
Sk- In 1901

A D.
A D.
A J.
A D.
« S10
Q-J.
3
F. A A
M. A 8
I'- M. A N.
A. A O
M. A N.
V- .M. A N
J. A D
6

g.

10

6g.

West Point.— GToen earnings, IST.'-'!,
It has about $200,-

$S83.49S; net earning.', $99.5.39.
000 of bonds. (V. 23, p. 3 02.)

J.
J.
J.
J.

do
do
do
do
do
do

July,
July,
Nov.,
Nov.,

was a decrease of gross revonne by $44,890
and a decrease of ret revenue of $54,114. Of the
$15,000,000 loan, enough is held to retire all the
old debt.
The company fandcd one coupon on
old bonds, Jan 1874, but paid subsequent coupons
In part. Funding notes due 1875 and 187.) were
issued. In October, 1875, in London, the company
made a proposal to fund whole coupon Uien due,
on consol. bonds, and four-sevenths of coupons duo
up to 1881, paving three per cent cash on coupons
,

A bill to foreclose
1881, antl balance, if earned.
^e c()nsolidated mortgage was filed by the tmsteea
thereof, at Richmond, Va., March, 1876, and to
.lune receivers were appointed. Extract from Prcaldcnt Mahone's circular to bondholders, showingthe
financial condition, is given in the Cukoniclk, V.
(V. 91, p. 569, ?,9I; V. 88, p. 110, 231,
22, p. 28f.
880, 327; V. 28, p. 607, 581; V. 23, p. a*, 85, 238,
till

t

V&

was leased

to the Erie for 0!) years from May , 1S74, but the
Shortly after (in
lease did not go into effect.
July, 1S74) default was made on its bonds. The
October
will be
lasit annual report,
1. lg'\
to
Proccedrngs Uoking to
found in V. 21, p.
1.
re-organization hto in progress, and a considerable

878.)

i

amount of -iecurilies has been deposited by holdc B with the London Committee. (V. 20, p. S>. 139.
•sm, 499, 592; V. 21, p. 186. 159, 230, 39:j, 410; V. 82,
p. 181, 3i7, SSI; V. 81, p. 40, 110, 134, 159.)
Atlantic db Gulf.—Qmsa earnings in 1875 were
earnings, $326,91(t.
The C ranet
$965,869;
pany also has $500,000 10 per cent coupon notes
outstanriiiig; $45,000 -lunctlon Branch Rlt. binds,
and $5!..'SIX) Kalnbridge Kxtonsion bonds. (V. 21, p.

275,

4S8;

V.

82, p.

469.)

—

Of the stock
Atlantic, Mississippi <fc Ohio.
$5,815,700 is common, $800,000 preferred, and $276,itself,
holds
the company,
guaranteed;
the preferred,
of the common, all
and $165,700 of the guaranteed stock. G oss earnings year ending September 30, 1S75. $1,782,453;
expenses, $1,108,947; net earnings, $673,505. There
2)1)

Atchison
September,

A

8

37

c6

d:

&
&
&
&

6

p. 16.)

Ailantic tt Oreat Western.—Th\» road

m

1901
1904
Sept. 1, 1806
July, 1800
Oct. 1, 1900

Boston.

&N,

&

8

t3. p. 101.)

Alleghany Vofl'y.— This road was embarrassed in
1874, and compromised with creditors.
The un•oMled debt Jan. 1, 1876, was S6TK,lt i. Abstr.ict of
operations
1875 In annual report, V. 23, p. 3»2.

July, 1801

& O. Now York and Ix>ndon,
do
do
& J.
do
do
& 8.
do
do
& N.
do
& J
do
& J. London, Co. 'a Office,
do
& J.
do

8

23, p. 589.)
<l

J.
J.
J.

1894
1, 1806

Juno

A

7

Atlanta <* nicAmond Air Iin«.—Defaulted in 1873,
and now in litisration. A decree of sale in foreclosure was matlo October, 1875. Report of earnings Ac, V. 22, p. 135. (V. 81, p. 14, 85, 333, 418,
488, 612;

1888
Hay, 1881
1, 1006

Oct.,

April

A.

m

p. S.33, 3J7,

July, 1888
Nov., 180S

do
do
do
do

J.
J.

Atcliisen, Topeka cS Santa Fe.—flct earnings. 1875,
$821,<07.
Interest is paid on »976,0IX) of the 2d
consol. mor*ga;:e bonds, but on the balance of that
Isenu the coupons are funded to October 1, 1S76.
Coupons, due Julv 1. on notes, paid half in cash and
half
scrip due i3'<2. (V. 21, p. 63. 136, 3i3, 591;

V. 22,

O.

<fe

785,976
2,000,000
300,000
464,000
200,000

500 &e.
500 &o.

A

do
do
do
do

7

6,921,900
5,470,000
4,000,000

1808
1804
1871
1853

150
150
150
150
53

..

Savannah— Stock

38, 6-2,25:1, aie, 323, fill; V. 82. p.
Ml; V. aa, p. t9, 62, 8S, 124, '.5.).)

500

1.50
1.50

Sterling bonds, not mortgageg
Aitg'^lti

1,000
1,000

1873
1874

—

Atlantic rf at. Lawrence Stock, currency
Stock, sterling
Portland city bonds, 1st mort., sinking fund.

2d mortgage,

500 Ac,
500 &c,

July 1,1876

J. N. Y., B'k of Commcrco.
Uud.Can.Co
J. N.Y.,r>el.

N.
O.
N.

.1.

1,232,200
24,795,298
9,876,250
2,410,300
15,165,200
11,989,680
28,783,000
5,355,000
3,508,000
2,060,000
1,748,500
3,693.200

1,000
1,000
Var'us Various

.

Atlantic

.50'0"&c,

Jan., 1880
Jan., 1880

J

<fc

475,000
3,050,000
502,000
475,000
623,500
412,000
4,248,000

1872
1870

27 "a
20512

S(nitliwe8t. (leased) Ist M., gold, giuir..

it

Itichmnnd Air Wiic— Ist mortgage
iVest i'oin/—Stock
Atlantic d- Great irCTto-ii—Stock (total .$40,000,000)
Preferred stock
Old let mortgage bonds, Ohio Division
1st general murtgago (.1il 8,000,000)
2d
do
do
($12,000.000)
<t

Juno, 1001

Third Nat. Bank.

7

8&7g.

7,041,000
3,374,000

Pottawat lomle bonds (contingent)

Dividend.

Wliom,

J. N. Y.,
J.

7'30 J. & J. N. Y.,Wlnslow, L. AOo. March 1. 1896
5
Jan'ary Ilnrrisburg, Treasury. $100,000 y'riy.
Oct., 1901
7 or 6 g A. & O. Phlhulelphia or Loudon

3,7.50,000

Consol. bonds, gold

i<onrf»— Principal, When Due.
Uliickt -ljt»t

'

500 &e,
500 &o.

Land iucomo bonds

J.

.7.

,200,0(M)

2,000,000
253,000
1.505,000

500 &0.

Payable

&
&
t'- T. &
7
J. &
31a
7
J. &
6
M. &
7
A. &
7
M. &
7
A. &
8

933,(MK)

Notes
Wicliita

INTEREST OR DIVIDENDS.
When When Payable, and by

Amount

fl ,000,(M)0

isii'c

1870
1871
1874
Ki 1866
48 1871
021s 1871
1874
l.'iO
1871
470 1809
1870

Bond.s to 8tat<< I'a. (endorsed) 2d niort.
Ist niort., Kast'n Kxtuu., guar, by l"a. RK
Funding iiiconui bunds, with traiil<i guarantee....

or

I'ar

1871
1860
1809
1872

81

2<l iiiort., $!),()0() iier

1

Sl7.e,

of

Alabama Oenlral—iSehna & Mcrid.)— 1st inort
Alabama iCCViaU.— lHtniort.,K<>l(l, kuht. by Ala

Albany City loan (sinking fund,

Dato

Miles

For expliUiatiou of column hniuliiiKH,
on tlrgt page of tal>le8.

Atlanta
Atlanta

xiii

$3,441, '200

Atiantic

iSk

Pacific— TWs was a consolidation, in

Oct., 1870, of the Atlantic

&

The land srant amounts

Pacific

some

to

and So. Paciac.
l.noO.f'OO

acres.

was passed Jan. ,'74, on the land grant bonds,
the 2d mortgage and the interest scrip, but coupons
funded
Alireak in the company's aflirs occurred
in October, 1873; the Missoun Pacific lease was surcndercd and complicated litigation against the Atlantic A Pacific Companv con.menced. Receivers were
appointed. Interest of January. 1876. on land grant
b'-nds was not paid. Decree of foreclosure made
June 7, 1S76, and sale took place Sept. 8. 1878. (V.
21, p. 9, 418, 4)0, 466: V. 82, p. 61, 852, 874, Wl,
Interest

.

689; V. 83, p. 85, 132, 2T3

)

Atlantic d: St. Larcrence.— Leaded for 999 years,
from July, 1853, to Grand Trunk Railway <rf
Canada. Annual rent, 6 per cent on bonds and
stock.

Atigusta <t SfltionnaA.— Leased to Central of Georannum has surplus fond

gia for $73,000 per

about $50,000.

;

m

. .

..

.

KAILROAD STOCKS AND BONDS.

xiv

[Septem'rer 3), 1876.

canter a great tavor by sivtns immediate notice of any error dlacovered In these Table*.
Bonds— VriMd
I.
INTEREST OR DIVIDENDS.
Miles Date Size or
pal. When Due.
Amount Rate per When Where
of
of
For explaoation of column headings, &e., see notes
par
Payable and by Stoeks—'ijaat
Outstanding
Road. Bonds Value.
on fti'st page of tables.
Cent.
Pay'blc
Dividend.
Whom.
SDbacrlbers

nrlll

DESCRIPTION.

I

SaUl

Eoffte yaWc)/— Ist mort., s. f.($5,000 per year).
2(1 mortjjase ($5,000 per year)
Bjltimore <£ OAto--Stook
Preferred stock

WasUiugton brauoli
Loan,

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

51
51

588
52
30

IS.'iO

lioan, 1853
do 1870, sterling, £800,000
Baltimore loan, 1855-'90
Debentures, sterling
Sterling mortgage
do
do
sinking fund
Purchaseof Connellsv. RR (payable$40,000y'ly)
North western Virginia, 3d mortgage, 1855-85
Baltimore tCrotomac—lat vaovt (timuel) gold
Ist mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
BeUemllc <£ South. 111.— lat M., sink'g fund, guar
Beleideve Del.— 1st M. b'ds of 1862 (guar, by C. & A.)
2d mortgage, bonds of 1854
(
do
do )
do
do
1857
3d
(
do
do )
Consol. mortgage of 1867
Berkshire Stock
Boston it Albany—Stooi^
. .

—

Dollar loan
Loan of 1875, coupon or registered
Boston, Clinton <t- FUchburg <& New Bedford— Btock.
1st mortgage, Agricultural Branch

Mortgage bonds 1869-70
Equipment notes
New Bedford Railroad bonds

—

1874-5

1872
1874
1875
1855
1871
92J4 1871
9214 1875
56 1866
67 1852

411
421

1857
1876

100
100
1871-2

1875
29
43

1854

1,600
1,000
1,000

69-'70

(for

160

$2,000,000) ....

100
100
100 &c,
100 &c
500

1858
1873

160
113

1872
1876

jlfainc— Stock
Boston
Bonds, coupon and registered
Boston A New Xork Air-Lin*— lat mortgage
Boston <£ Providence Stock
Bonds to purchase branehe*i, coupon or registered
Buff.,J}rad.it I'iUs.-Qen. M.,(iucl. 10,000 ac. I'd
£rie—Stock
Buffalo, New York
I'st mortgage bonds
<£•

—

rf!

2d mortgage
Consol. mortgage
Buffalo, N. Y. (£ Philadelphia Ist mort., gold
2d mortgage (for .$1,000,000)
Burlington, C. liapi<ts <f: Minn. 1st M., gold s. f
1st mortgage, gold (Mil. diy.) coupon or regist'd.

—
—

PaciHc extension bonds
Muscatine western extension
Inoome and equipment mortgage
Burl.itUo. Kin.— 1st M. on r'd& 400.000 ac's I'd 1 j.a
Bonds, conv. into C. B. & Q, st'k (3d series). a uj
I

b'd.s, conv. C. B. & Q. st'k (4tU ser.) ^ ^£
Ist mortgage, conv. do. on branch (5th ser.) 4!©
Convertible bonds, C. B. & Q. st'k (6th ser.) ) o.=
Burl. <£ Mo. in Neb. 1st M., conv., land gr.. ) (joup
Bonds, convertible till Jan., 1882
V may
Omaha & S. W., 1st mortgage, guar
jborg.
Burt. A Southwest.— Ist mort., cp., may be reg.

Inoome

—

—
—

Cairo A St. Louis 1st mortgage
Cairo cE Vincennes 1st mortgage, gold
California Pacific— lat mortgage, gold2d mortg age, endorsed by Central Paoiilc
Camden <& jlHan(ie—Stock ($838,150 of it pref .).
,

mortgage
2d mortgage
1st

Camden A Burlington Co.— 1st mortgage
Canada Southern — 1st M., gold, s. f., cp. & reg...
S.

1,000
1,000

600,000
20,129,282
5,000,000
2,000,000
2,681,750
400,000
499,600
600,000
571,500
800,000
1,000,000
624,000
1,309,500
8,250,000
200,000
999,500
750,000
7,000,000
2,000,000
500,000
4,000,000
500,000
580,000
950,000
1,922,000
262,000
200,000
2,582,000
805,500
5,400,000
2,200,000
1,800,000
800,000
2,000,000

& Det.,

1st mortgage
gold, coupon.

CaroUmi CenfraJ— 1st mortgage,
Inoome bonds, coupon

Cayuga— lat mortgage,

.

gold

. .

143

100

"52

1873-4 500 &c
1875
1,000

100

63
1873

"26
142

I'.obo

100

1857

140
140
140
121

1,000

1871 500 &c.
1873
1869
1,600
94 1872
1,000
2414 1872
1,000
31 1872
1,000
1874
1,000
50 &c.
281 1863
4,638,2.50
1868 500 &c.
308,500
1869 500 &c.
300,000
290,000
40 1869 500 &c.
1870 500 <fec.
407,000
ioi 1869 500 &c.
5,715,000
1873 500 &c.
600,000
"49 1872
1,000
1,034,000
105 1870
1,000 20,000 p.
150 1871
2,500,000
156 1871
1,600
3,500,000
141 1869
1,000
2,250,000
141 1871
1,000
1,600,000
60
100
1,215,550
60 1853
490,000
1,000
60 1855
1,000
500,000
31 1867 500 &e,
350,000
291 1870
1,000
9,000,000

121
219

m

242
242
40

1873
1874
1871

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

1,600
1,000
1,000

J.
J.

M.

3
5
6
6
6

6g.
eg.
«K.

%'
6

6g.
6g.
8

6
6
6

1%
5

7
6
6'

7
8

6&7
3

A.

3

J.

Boston, at

G

A.
A.

6&7
7

6
3
7
7
4
7
7
3I2

7

7

7g.
6

g.

10
7

g.
g.

?«•
|S.
8

.1.

8
8
8

8
8

7

7g.
7

g.

6g.
2

7g.
7
6

7g.
7

g.

««

7g.

to Pennsylvania Rail- main western trunk line of New England. In past
per cent of gross receipts. "The Pennsyl- three years the following has been its exhibit:
Gross
Net
Total Stock
Earnings.
Earnings.
and Debt.
1S745
$7,634,139
$2,262,147
$36,47^282
1873-4 .... 8,963,128
2,411,916
25,422,100
capital accotint in porpoitiop to the value of its
2,2.36,873
24.183,100
property, fie erops onrninge of main stem aid 187*3 .... 9,798,033
branches, and financial condition of B. & O. Co. $5,000,000 new bonds were authorized in Feb., 1876.
20,
n.
14,
162,
592;
V.
4«4.)
(V
31,
p.
for four years were as follows
Gross
Net
Stock and
Boston, Clinton, Fitchburg tfc Neiv Bedford,—
Earning^.
Earnings.
Debt.
This was a consolidation in May, IB.'O. of in e
$10,.M4,n8
Boston, Clinton & Fitchburg and the New Bedfor-1
1874-5...
$4,332,20()
$47,17.1,134

Bald Eagle Valley.— Leased

—

:

.

.

.

..

11,693,955

45,876,937

6,018,060

.

. .

&

&

p.487, andV.
V.

22, p.

22, p. 374. 446;

44«.

&

(V. 21, p. 371, 511, 591;

the line of the
Baltimore &
Pennsylvania Railroad from Baltimore to Washingbonds
are
guaranteed
by
Penn. RR. and
ton. The
Northern Central. Last annual report V. 22, p. 588.
BellevUle & SmithfrnlUinois. Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. Gross earnings, '75, $279,337. (V.20, p.330.
BeMdere Delaware.— Stock is $995,700. Leased to
TJnited Co.'s of N.J., and lease assigned to Penn. RR.
Wet earnings go to lessor. In 1875 net earnings of B.
D. were $22S,4')4, aiainst $4i 6.367 In 1874. Floating
is

—

debt, $1,245,392.

(V. 30, p. 488.)

—

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

Boston

&

Albany.— "Va^ Boston

&

Albany

is

the

.21, p. S4,

591

;

V. 22, p. 471, 521, 544.)

—

Boston, Concord <& Montreal. Gross earnings for
the year ending with Murch, 1876, were $693,35^;
net earnings, $182,012. There are also $76,000 old
Ijonds due in 1865.

(V. 32, p.

565.)

Boston dB Xofre^/.— Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 30, p. £5;
V. 22, p. 43 )
Boston t& Maine. Net income, 1874-5, over interest
payments. $607,97-'. Pools earnings from competing
points with Ea^ern. (V. 20, p. 14, 614; V. 21, p.

—

533; V.
Boston

32, p. 280.)
cfc

Middletown

V. 28, p. 302.)

Potomac—This

Railroads. (V

represented
$1,000,000

N. Y. Air iine.— Formerly N. Haven

&

Wil.

now by

common.

Road cost about $6,000,000,
$3^000,000 preferred stock and
(V. 32, p. 667.)

Boston & Pi ovidence.—The bnnds and also $934,000
notes have been issued for purchase of branch
roads. Total income, 1974-5, $1,.581,2.58; net, over
operating expenses, $147,236. (V. 21, p. 5t)9.)
Bufffdo, Bradford <Sk Pittsburgh— Vnier perpetual
lease to Eiie at $40,600 p;'r year
Buffalo, New York <6 vSW".— Leased to Erie in
1863, for 490 years, at7perceut on stock and interest
and finking fnnd on bonds. In 1873 Erie bou>;ht
$5tX),S00 of the stock at $150 per sliare. (V.20,n.61,614.)
Biiff-ilo, New York
Philaddphia.— This U the
connecting line of the Philadelphia
Erie with
Buffalo. In 1874 the net earnings were $186.8)3.

*

Burlington, Cedar Rapids

&

tt

& O.
& J.
& O.
& O.
& J.
M. & N.
M. & N.
P. & A.
M. & N.
J. & J
J. & J.
P. & A.
J. & D.
M. <& N.
J. & D.
J. & J.
J.
J
M. & N.
P. & A.
J. & J
M. & S.
J. &T>.
A. & O,
J. & J.
A. & O.
& J.
J. & J.
J. & J.
J. & J.
J. & D
M. & N
A. & O
A. & O,
J. & J,
J. & 3
Q.-J.
J. & J.
A. <& O,
F. & A,
J. & J.
J. & J.
J. & J.
A. & O.
J. & D.
cfe

7g.
7

J.

Minnesota.— In 1874

do
Office.

do
do
do

Boston, at

July
July

1881
1884
1876
1876
April 17, 1875
1880
1885
1895
1890
1876,'78 &'80
Mch. 1, 1902
1910
1876-1900
1885
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896
1877
1885
1887
Jan. 1, 1916
July 10,1876
May 15, 1876
1891 to '92
July 1, 1895
1,
1,
1,

July

1,

May

1876

May

15,

Jan.

1893
1885
15, 1876
1, 1893
1, 1896
11, 1875
1, 1877

May

Bostoi', at Office.

July
Jan.

N. Y., Erie Railway.

June

do

do

do
do
do
do
do
do
N. Y., Farm. L. <fe T. Co.
do
do
New York or London.
do
do
do
do
do
do
do
do
Boston and New York.
Boston, by Treasurer.
New York.

Boston and
do

do
do
do
Office.
Boston
do
do

Boston, Go's Office.

New York and London
Park Bank
do

Camden, Co.'s Office.
Phila., Farm. & M. B'k,
do

do

Phila. and Mt. Holly.
N. Y., Union Trust bo.

N. Y. Oflice, 4 Broad

do

do

st.

Dec.

1876

1,
1,

Aug.

New York, Erie RR.

New

15,

do

New York.

do

1884

& '90

1889

1881, '82 & '83
July, 1881& 94

Oflice.

do

N. Y., Nat'l

1,

May
May

1889
1893
Jan. 1, 1875
Oct. 1, 1879
April!, 1892
July 1, 1896

Oflice.

do
do
do

.1.

roari at 40

4,934.796
28,567,899
18S!-a .. . 12,862,844
1871-a.
10,654,472
4,532,072
2!M61,399
The gross earnings of the main and all leased lines
in 1874-75 were $14,426,552, and net earnings,
The company claims a surplus of
$4,490,093.
$34,023,566, in the value of its assets above its
stock and debt, which surplus is represented
chiefly by securities of branch lines, received
for advances made by the B.
O. In Dec, 1875,
the operating contract with Pittsburgh
Connellsville road was ratified, by which B.
O. guarantees
$10,000,000 bonds. See report in Cubonicle.V. 21,

&"j.

Boston
do

"e'

vania Railroad holds all the 2d mortgage bonds.
Baltimore <fe Ohio. The B. & O., in comparison
with its rival trunk lines, claims a much smaller

1873-4.

& J. Phlla.,Fann. AM. Bank
& J.
do
do
& N.
Baltimore OHice.
J. & J. Bait., Morch.ants' Bank.
A. & O.
Baltimore Office.
J. & J. Bait., Merchants' Bank.
A. & O.
Baltimore OBice.
M. & S.
London.
J. & J.
Baltimore Oflice.
J. & J. London, Naylor &, Co.
M. & S.
London.
A. & O.
do
J. &. 3.
Baltimore.
J. & J. Bait., Mech's Nat. Bank
J. & J. Baltimore or London.
A. & O.
do
do
J. & J.
Baltimore.
A. & O.
N. Y., Russell Sage.
J. & D. Trenton, N. J., Office.
M. & 8.
Philadelphia.
P. & A.
do
J. & J. Treasurer, Trenton.N.J.
Q.-J. Boston, Kidder, P. <& Co
M. A N.
Boston OlBce.
P. & A.
do
J. & J.
do
M. & N.
Boston Office.
J. & J. Boston, Boston N. Bank
J. & J.
do
do
A. & O.
do
do
J. & J. Boston, Suffolk N. Bank
M. & N.
Boston Office.

6
7

5

7

1,000

21

270

New bonds

Can.

500
500

18.'>4

Bonds

Tol.,

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

61-'74 500 &c,

—

Boston, Concord te Montreal Preferred stock
Com. stock (for old dividends & new stock)

Sinking fund l>ond8
Consolidated mortgage bonds
Boston <t Lowell Stock
Mortgage, wharf purchase

£200
£100
£200

$336,900
100,000
13,144,100
4,348,469
1,650,000
579,500
1,710,000
3,398,956
3.253,026
3,872,000
9,198,852
9,576,000
1,000,000
140,000
1,.500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000

1896
1893
1919
Feb., 1902
Jan. 1, 1909
Sept. 1, 1908
June 1, 1904
Oct. 1, 1893
July 1. 1878
April 1, 1879
July 1, 1894
July 1, 1889
July 1, 1894
Jan. 1, 1883
Juno 1, 1896
May 1, 1895
Oct. 2, 1901
Oct., 1909
J,TO. 1, 1889
1891
Oct. 10, 1876
Jan., 1893
Oct., 1879
1807
Jan. 1, 1906
July
July

1,
1,
1,

Mav

Julv
April

York.

1,
1,

1923
1914

1901

default was made
was made Jnne 22.
22. p.

350,

in interest. Sale in foreclosure
1876.
(V. 21, p. 85, 377, 591; V.
a74. 49.5, 667; V. 23. p. 15.)

Burllnqton <fi Missouri Bluer.— Kn agreement of
consolidation and a perpetual leise to Chicago, Bur.
& Quincy, was made in Oct., ISTO. In August, 1875,
stock of Chic. Burl. & Q. was issued in place of
stock of this C.I. and for convertible bond-'. Annual
report V. 20, pi 33 S. (V. 30. p. 139; V. S3, p. 87.)
Burlington i& Jtlssoiwi in Nebraska —The stock is
A reoort of company's operations. &c.,
$8,.583,750.
to Jan, 1, 1876, has not been published, but we
have the earnings in 187.i as $133,843, and expenses,
$351,643. The total land sales up to Jan. 1,1876,
amounted to 73-1, 464 acres for $5,335,675, after deductions for dead contracts.
(V. 20, p. 289, 593; V.
23, p. 471; V. 23,p. 159.1
JiuiHngtc.t tt Sotdhu'estem.—BefiuMe.A Nov., 1S78.
Foref: 3sure in progress. (V. 21, p. 159. 441.)
Cairo c6 St. io«i«.— Defaulted in 1873 by fadnre
to receive town and county bonds. Road completed
February, 1-75.
(V. 20, p. 366, 313; V. 21, p. 31,
441 ; V. 22. p, 353.)
Cairo ifc Ki«c«nn««.— Defaulted in 1874. In hands
of receiver. (V. 20, p. 499; V. 21, p. 63, 302; V. 22,
p. 44>i.l

California Padfte. - Extension bonds of $3,500,000
and incomes of $l,OM,noo have been in default, bnt
a nronosal offered by Central Pacific. (V. 21. p. 318.
Also V. 20, p. 516; V. Si. p. 169, 277; V. 32, p. 181,
380, 49-), 61S; V. -n, p 63.)
Camden dt Allantlc.—'Set earnings, 1875, $207,643.

Camden

<£

Burlington Co.— Leased

Conii)anies, at 6 per cent

t'l

United

on $382,000 stock.

Canada Southern.— T)ef&\x\teA January,

1874,

and

coupons funded, hut interest not paid July, 1875.
In January, 1876, passed into N. Y. Central control.
(V. 2i. p. 159: V. 22, p. 16, 89'1, 567.)
Carolina Central.— VorcneT\j Wilmington, CharPassed mterest January, 1876.
lotte & Rutherfurd.
(V. 20. p. 15.1

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

.

RAILROAD STOCKS AND BONDS.

September 30, 1876.]
Subscriber*

For explanatiou of coluinu licadliigB,
on first pa^c u( tublox.

Date

of

of

Koad. Bonds

—

Size, or

$50

$1,159,1500

"so

1,000,000
2,200,000
230,500

'

100
05

'

bonds

1872

100

.Vi/«</i(c/ia«H«—Stocli

Oeaar Fulls J/i«ii.— Bonds on Ist div.slnlc. fund..
Uonds nil 2d(ilvl.siou, slnkinf; fund
Oetlar Jiitititia dJ JlftK^ouri— Couimou stoclc
Preferred stock, 7 per cent
Ist mortgage
do
if-

do
Central R. R. li Bank; aa.—StocM
General mortgage Moint) bonds ($5,000,000) coup.

"u
«1
271
128
70

1864
1800
1801
1863
1860

."58

148
205
015

Macon & Western nonds
Bonds for Htejiiiishiprt

231
231

Central of loiru—l^t mortgage gold, coupon
2d mnrtgiige, gold, $'1,000 per mile
Central of New ,/cr«cy—Stock

Mortgage bonds

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

1869
1871

,500 Ac.

1,000

100

74

Bonds (eonvertibln Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
New general mortgage for relief
Newark & New York, 1st mortgage
Lehigh & Wilkosbarre Coal Co., 1 st mort. guar
do
do
Consol m., coup. guar.
Am. Dock * Imp.Co., 1st mort., guar. Oent.of N.J.
Central Ohio Common stock
PrcfeiTcd stock

1,000
1,000
1,000

1872
1870

2!)1

1869
1872
1874
1876
1807
1874
1875

"97

—

1,000
1,000
1,000

*200
1,000
1,000

'

tf:

Ojiotttoa.— Leased to Pbila. & Head., Oct., 1872,
New preferred stock dividend to bo 7 per cent
in

ISrS-*

and afterward.

(V.

20, p. 381.)

"8"25

466
825
100

1858
1873

"\Wt
1,000
1,000

1872

1.000

96

ningof

3
3>«

M.
M.

7

F.

209,850
1,300,000
.589,110

1

F.
P.

4>3

J.

198,000
1,331,000
6,850,400
769,600

7

A.

7

J.

1

A^

700,000

7

582,000
2,332,000
7,500,000
2,287,000
1 50,000
300,000
3,700,000

7

925,000
20,600,000
5,000,000
4,400,000

7

14,1,50,000

7

7
7
7

7
7

411,550
2,500,000
54,275,.500

1,-500,000

336,000
2,365,000
501,000
188,000
360,000
2,120,000
700,000
27,512,842
2,719,000
9,916,000
941,000
678,000
2,155,.500

Cedar Falls <t Annnesota.—he&aud to Dubuque &
Slonx City, and sublet to Illinuia Central at *1,500
per mile yearly, and a per cent of alt oaiiiings over
(3,500 per mile.

Cedar Rapids it il//.«JfO«ri.— Leased to Chicago &
Northwestern at f 700 of first $1.S(») gross earnings
per mile: one-third of the next }i.S,000 per mile, and
ono-flfth of all aborc that. (V. 2 , p. 162.)

417;

6g.
I'-

««
7
7
7
7

V.2J,

p. 301.)

»1, p. 83, 393, 417, 4t», 511;
p. 1S9.)

V.

23, p. 110, 495;

V.

23,

Central of New 7«r«#y.—The annual report for
1875 was given in Vol. 22, p. :s26, showin*:
gross earnings of $7,111,616; net, }13.282,90(). Dividends in 1875-6 partly paid from previous reserve.
On large decline of stork in .Tune, 1876, the president issued a circular, slating that the company was
earning well, Ac., but giving no figures. In Sept.
another statement was issued (see V. 23, p. 278)
riving general financial condition. Ac in reference
to new "blanket" mortgage. This Company also
assumes $2,3IO,iOO of Lehigh Coal & Navigation
Company's debt and $A5,7i)3 of the Kailroad Car
Tmst Company. The following table shows the
receipts, expenses and net earnings, from the begin,

M.

Q.-M.

J. "a'j.
J.
J.

A.
J.
J.

A
A
A
A
A

a."a
J.

J.

O.
J,
J.

do
do
do
do
do

0. Philadelphia, Penn R.R.
N. Y., Metropolitan Bk.

AD.
"n.

N. Y., Fisk

do
do

A

Hatch,
do

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

7

Boston.
A J.
A J.
do
M. A N.
Philadelphia.
7
4
M. A S. N.Y.,M.K.Jesup,P.A Co.
4
do
M. A S.
do
6g. J. A J. Lond'n J.S.Morgan ACo.
7
J. A J. N.Y.,M.K.Je8up,P. A Co.
A. A O.
do
do
7
Q.-J.
N. Y. U. S. Trust Co.
13i
J. & J. N.Y.,M.K.JC8up,P. A Co.
8
A. A O.
do
do
7
A. A O.
do
do
7
do
7
J. A J.
do
do
7
J. A J.
do

2

J.
J.

,

I

7
7
5
8

V7

.

,

Cfntral O/iio.— Leased to Bait. & Ohio RR. in 1866
for 2 years, rent 35 per cent of gross receipts for 5
years, and 49 after. Pays 6 per cent dividends.
Central Pacific. -~GTO»fi earnings in 1874 were §14,531,3.55 (cnrrency), and net earnings $S,68J,3r8. Land
grant statement, V. il, p. 136. An abstract of the
annual report for 1874 is uiven in the CnnoNicLE.
V. 21, p. 25 I
Gross caminiis, '75. |;17,021,015; expenses, $7,417!M4; net earniniis, S9,t03,071
A settlement with bondholders of ( 'alifornia Pacific has
been proposed, with a guarantee of certain new
bonds. Trustees of land uiorrgage offered to purchase $5 0,000 in July. ls7ii. (V.'il, p. 1.59, 48<: V.
22. p. 61,233, 352, 471, 521, 645, 613; V. 23, p. 86,
207.)

CluirlMe, Catumljia <4 .-It/yjw^a—Stock is $2,578,Net earnings in the year ending September 30,
000.
187.5, $2.50,'i,'!4, against % 25,73il the previoHs year.
Floating debt retired May, 1876. (V. 21, p. 59U; V.
471.)

CAirfJ^m.— Leased to Pitts. Oln, & St. Lonis. and
operated by Penn. Co. Net earnings go to lessor
in 1875, $;4,727. (V. 22, p. 619.)
Cherry V-llev, Shar. dk Ai.— Transferred to DelaHudson Canal Co., Apiil, 1875. Interest
ware
unpaid in December, 1875. (V. 80, p. 4U4.)

Dividend.

F.

A

1907
1876
1876
1, 1891
1, 1894
Hay, 1016
June, 1873
Jan. 1, 180S
Oct., 1880

Jan.

2,
1,
1,

Aug.
Aug.
Aug.
Aug.

Jnly 15, 1809
April 15, 1901
April 10, 1876

1890
Nov., 1902

July

1899

1.

1887
Feb. 1, 1899
Ix>ndon.
June 1, 1900
(f. Y.,Cent. RR. ofN.J.
do
do
Bait., at B. A O. office. June 30, 1876
Jime 30, 1876
do
do
Sept., 1800
Bait., West. Natl. Bank.
Oct. 1.1875
N. X. A San IVanelsco.
1895 to '98
N. Y., Flsk A natch.
Sacram'o State Treas. July 1, 1884
Jan. 1, 1883
N. Y., E. Kelly A Co.
Oct. 1, 1900
N. Y., Fisk A Hatch.
1805 to '99
U. S. Treasury.
July 1. 1899
N. Y„ Fisk A Hatch.
1899
U. 8. Treasury.
Jan. 1, 1888
N. Y., Fisk A Hatch.
Jan. 1, 1892
do
do
July 1, 1890
do
do
Oct. 1, 1890
do
do
1890
N. Y., Nat. City Bank,
1895
N.Y.,M.K.Je8up,P.A Co,

6
8
8

&

&

J.

.1.

do
do
do
do
do

A.
N.

V-

18<i6

134,

F.

M.

m.'a

to the present time; including, since
Susquehanna
Division:
1870, those of tlie Lehigh
"
Expenses. *let carn'gs.
Receipts.
ISW
$l,a8:.8-i6
$1,748.4^4
.
$5,036,390
1866...
a-SfLs+i
1,963,970
1.617,288
.,,.
1867
3,3'0,398
1. 878,0 !2
....
1,472,376
l-'ft?
1,3"0,220
2,379, l9J
...
3 729.413
1889, .
1,3B7,9,'J8
...
4.010,121
2.M2.163
1870 ... .... 4,33.3,.'il4
2,512 217
1,681,297
1S71...
....
«,y4 1,379
3,706,141
.3,135 235
4,23li,K0H
182
2,8,'!3,912
....
7.120,718
1873
H.881.36S
4,lif.5,78-2
....
4,215.Wt
1874 . ., . . . . 8.5'^9,631
4,449,0'0
4.140,601
li-TS
3,S8i,910
....
7,411,637
4,128,7.7
(V. 22, p. 613; V. 23, p. 6J.)

22, p.

New Yerk, Office.
do
do
Now York, at offloe,

J.

O.

.1.

.

Centrai of 7»m>(J.— Decree of sale in foreclosure
made Oclober, 1875. (V. 20. p. 15,85, 235, 5M: V.

A
A
A

Q.-J.

.1.

1

Central Railroad <t Bank, Co.— Leases several
roads, and guarantees $1.4'.)2,50,) of bonds.
In
April, 187.5, purchased one-half interest in Western
Railroad of Alabama at foreclosure sale.
Gross
earnings year enOing St-pt I. If75. (2,H-6,5:i6; net,
$1,199,811. (V. 20. p. 2S9, 833, 398; V. 21, p, 372,

'a

A.

,1.

.

Cayuga A Smque/uinna. —ljea.BcA in perpetuity to
Delaware, Lackawuana & Western. Dividends, 9
per year.

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

.1.

2,437,9.50

Boston, Treasiuxr.

do
Park Bank,
do
do
do
N.
Savannah, Ga.
D.
J. New York A Savannah.
Savannah, Oa.
O.

A J.
A N.
7
A J.
2'4
J. A D.
3
J. A D.
6
M. A S.
-iK- A. A O.
6 g. J. A J.
A J.
?|:
A J.
A.
A O.
%^A J.
%' J. A J.

««

do

do

J.

"7'

600,000
1,860,000
9,900,000
3,000,000

25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,735,000
1,970,000
6,000,000
1,291,000
500.000
8,890.000
193,500
1,806,500
500,000
500,000
300,000
15,898,401
15,000,000
5,426,000
66,000
100,000
902,000
300,000
160,500
1,220,331
2,153,300
774,600
500,000
9,937,800
2,425,400
3,893,200
2,383,000
1 ,087,000

&

Q.-F.

do
F. Il a.
F.
A. N. Y., Nat'l
F.
do
A.

J.
g.

2>a

pal, When Due.
titncka—\ja»X

May 16,1876
& N.
PbUadelphia.
do
May 16, 1876
& N.
Fell. 1, 1882
do
& A.
Philadelphia.
& A.
1888 to '80
Feb. 1, 1900
do
& A.
A J. New York, 44 Sonth st. July 1, 1876
& O. N.Y.J. 8. Kennedy A Co Aurfl 30, 1884

M.

5

(?)

500 '&c,

137
50
.50
137
1st mortgage bonds
137
1,000
Central I'acijic —Sto<'k
1213
100
1st mort.. gold, (sinking fund, $50,000 per j-ear).
742 1865-8 1,000
Subordinate lien, C'alifoniia State aid, gold
50 1864
1,000
Bond.i, (formerlj i^oiivertibU! Into U. B. bonds)
138 1862
1st mortgage on San .ioa(|iiin Valley Branch, gold
146 1870
i',6'oo
U. S. Loan, (2d lion on iiilaiii terms)
742
Western Pacifle, 1st mortgage, gold
lf)8
i',6oo
1869
do
Goverinneiit lien
123
Cal. & Oregon, ist mortgage, gold (guar by C.P.).
152 1868
i',6"()o
C. P.. 1st niort., on C. & O. I5r. ($7,200,000 g.)..
153 1872
1,000
8an lYauclsco O. & A., Ist mortgage ($1,.500,000)
20 1870
1,000
Land bonds on 1 1,722,100 acres
1870
1,000
Charlotte Columbia
Auf/nsfa — Ist m. (C, & A.).
8.5
do
consolidated
195 1869
2d Mort gage
1872
1,000
"23
Oharticrit — Ist mortgage
1871
1,000
Cherry Vallei/ Shar. it Al.—lat mort., convert...
21 1869 500 &c,
Oheaapeake d- Oil in— stock
427
Ist mortgage sinking fund gold
427 1869 lo'd'&c,
Ist mort. e.\tcn. (2d on 427 miles) coup, or regd
1872
1,000
Debentures convertible into 2d mortgage
1872
1,000
Ist mortgage, (Va. Cent. K. It.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage. (Virginia Central K. R.,) coup.
Funde<I interest, coupon bonds
Income bonds (for funding)
1874
OAwAirc—Stock, prefoiTed
100
64
Bonds, not mortgage
500 ic.
Chester Ynlleif— 1 st mortgage
"2"iia
Chieaao <& A lion— Common stock
649
"ioo
X>refcrred st'ck (7 o. c. y'rly not eumulativo) ....
649
100
General mortgage, sterling, tor $8,000,000
322 1873
1,000
1st mortgage
220 1863
1,000
Income boniLs (a 1st lien on income)
220 1862 500 &c,
Joliet it Chicago, 7 per cent, stoclf
38
100
do
do
Ist mortgage, sinking fund
38 1857
1,000
St. Lonls Jack. & Ch., 1st mortgage
1,50
1864
1,000
do
do
1st mort. assum.byO. <fe A
37 1864
1,000
do
do
2d mort. assum. by C. & A.
37 1868
1,000
do
do
2d mortgage
1.50
1868
1,000
liOuisiaua & Missouri, Ist mortgage
101
1870
1,000
Chicago & III. Klv., 1st mortgage, guaranteed..
Chicago, Hurlingtnn <t (?iii)ici/ —,Sto(!k
Ist mortgage, sinking fund, (tnist)
Consolidated mortgage coupon, (for $,')0,000,000)
Northern Cross K. K. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain lionds (coupon or reiristered)

i;oi»(»— Princi-

INTEREST OR DIVIDENDS.
Amount

Rate per When Where payable, and by
Value. Outstanding
Payable
Cent.
Whom.
par

100

NowmortKago
<£•

Miles
&o., see aote«

Oatawuisa Common Htock
New preferred 8tocl£
Oid preferred Htoclt
Ist niortKHKe liondit
Cliattel niort sat;o

XT

conrsr a Kreat favor by slvlnc Immediate notice of any error dlseoTOred in Ihcae Tabiea.

nrlll

DE8CKIFTION.

Oamtffa

—

.

A.

do

do

Oct.

1901

1,

Dec. 15, 1899
Nov.. 1899

July 1, 1902
Julyl.'77to'92

1880
1804
1876
1877
1893
July 15, 1875

A

1877-'80

'96

May, 1872
1876
1876
1903
Jpji., 1893
Jan., 1883
July, 1876
July. 1882
April, 1894
April 1,1894
July, 1898
July. 1898
Aug., 1900

Sept. 12,
Sept. 12,
Oct. 1,

m.'a"s. N. Y., Bk. of Commerce. Sept. 15, 1876
Jan. 1, 1883
J. A J.
do
do
Jnly 1, 1903
Boston office.
J. A J.
July 1, 1890
Frankfort.
J. A J.
A. A O. N.Y., N. Bk. of Com'rcc. Oct; 1, 1890
Boston, Co.'s office.
Jan. 1. 1896
J. A J.
OAio.— After the panic, defanlt
eft
interest.
Net earnings in 1874 7S,
Receiver appointed October, 1875, and
foreclosure proceedings will
be
had for the
purpose of re-organization.
A verv' complete
statement of outstanding liabilities and the plan of
re-organization are given in V. 21, p. £69. (See V.
20, p. 162. 1S4, 357; V. 11. p. 32.3, 871, 417, 441, E34,
569 012: V. 22, p. 42, 87, 13-1, 239, 375,392,689;
V. 2i, p. 111.)
Chesapeake

was made on
8346,808.

CAwAir«.-Nct income.
dends, 4 per year.

(V.

Divi-

1874-:5, »76,<«7.
295; V. 21, p.

59 u.)

18, p.

Chaster Valley.— Tn hands of trustees and leased
to Philadelphia
Reading. Coupons due 1860, paid

A

May,

ls76.

Chicago <t /Iff ?n.— The report for 1875 Is given at
length in V, 22, p. 255, and shnws gross earnings of
»4,K.56.-6.'S, and net earnings of |:2,0.vj,6 8, against
$2,336,f 76 in 1874. Jol iet A Chicago RR. is leased for
Chic.
interest on stock and bonds. St. L., Jack.
Railroad leased at $24ii,000 per year. Louisiana is
Mo. RR. built and operated under contract. (SeeV.
Illinobi
19. p, 4';9; V. 20, p. 429.)
The Chicago
River bonds had not been sold to January, 1876,
IS.
n. 860; V. 19,
and there was some litieation. (V,

&

A

p. 16, 479: V. 20. p. 176; 265, 28.9, 500;
612; V. 22, p. 255.)

V.

81, p. 186,

Chicago, Brirlliglon <t ^uincw.— Stock was issned
exchange for that of the Burl. Mo. River in Sept.,
Gross earnings for 1875 were $11,791,361; expenses, SS'-30,122; net earnings. $5,881,238; biterest
charge. t2.0i4,709. The C. B. A Q. leases nnmeron*
branch roads, giving ihera a traffic guarantee (usaallT
40 or 50 p. ct.) f'>r purchasing their bonds. Enough
of the consolidated moitgage is reserved to take up
In August, 1875, stock of tlus
prior debts.
Company was issued in exchange for Burlington
Missouri River Railroad stock, and the same is al»»
fiven for the convertible bonds of Burlington
fV. 20, p 1.5 3~, 80, 184.
[issonri River Railroad.
335,499: V^82, p. 231;.V. 23, p.63, 255.)
in

187.5.

A
A

"

.

. .

;

EAILEOAD STOCKS AND BONDS.

XVI

[September 30, 1876.

Snbscrlbera will confer a Kre't fkvor by elvlns Immediate notice of any errer dlacovered in tbeae Tables.

DESCRIPTION.
For explanation of column Ucadiugs,
ou lli-8t page of tables.

Miles

Date

of

of

&o., see notes

Koad, Bonds

Chicago, Burlington tt Quiney— (Continued!—
Bonds of 187.'}, (sinking fund $13,800 per year)
Carthage As Burlington, 1st inort..
Dtxun Peoria & Ilaunlbal, 1st m...
American Central, Ist mortgage..
Coupon,
Peoria & Ilimuibal, let niort
but may be
Ottawa, Oswego & Fo.\ Rlv., Ist
registered.
Illinois Grand Trunk, Ist mort
Quinoy & War.saw, 1st mortgage
Keokuk & St. Paul, 1st mortgage..
Albia Kuo.xville A I)e« Moines, 1st mortgage
Chicago tC Canada A'ouWicra— 1st mort., gold
Chicago, Cincinnati dj iMuiitville— 1st moit
Chic, Clin, rf Dab. Ist mort., coup,, rogis'ble
Chic, Danv. <t Fih.— 1st mort., gold, sint'g f'd
Indiana cxten., 1st mort., gold <2dmort on 114m)
Chicago, Dulmqne d: Minnesota 1st moii;
Chicago (& Iowa Ist mort., coup., may be reg
Chicago, Iowa <t JVciirosfco—Stock

32
40
51
31
70
44
40
43

m
.

73
60
114

—

21
131

—

—

80
82
82
82
195
195
195
52

2d mortgage (now Ist)
3d
do
(now2d)
Chic. tS Mich. L. Shore— let mort
Coupon,
)
Ist mortgage
but
Ist mortgage
may be
[
1st mortgage, on brancb
registered.
J
Chicago, Milwaukee <« SI. Paul— Com. stock
1,399
1

Preten-ed st'olc (7 p.c, y'rly, not cumulative)
Consolidated mortgage (for $35,000,000)
1st mortgage
2d mortgage
1st mortgage (Iowa & Minnesota)
Ist mortgage (Mimiesota Central)
1st mortgage (Iowa &, Dakota)
1st mortgage (Prairie du Chien)
2d mortgage Prairie du Cliien)
Milwaukee & Western

"

370
370
220
49

'

235
235

as

&

Paul & Cliic. 1st mort., .?
£ (conv.)
1st mortgage, Hastings & Dakota
1st mortgage, Cliieago <fe Mil. line

& bridge bonds (may be paid in 1878)
Western Union, Ist mortgage
,
Ohicano <t Norlhice^tern—VAimmon stock
Equip.

iso
75
85

Oh

197

Elgin & St.-.to Line Railroad bonds
1st mort. (Peninsular RR.) on roa<ls and lands...

74

(£

— Ist mortgage
Paciflc—Stock

Southwestern

2d mortgage

Chicago, Roeic Island <t
Ist mortgage, sinking fund
Branch bonds (sinking fund .$^10,000 from 1877)
Chic. & S'wesleni 1 8t mort. gold (guar in cur) .
Chic. & S'wcstcrn, Ist mort., gold, not guar
Ointinnati, Hamilton & Dayton Stock
Ist mortgage of 1853
,

674
359

.

,

—

2d
3d

1865
1867

do
do

Consol. mort. (for $3,000,000), sink, fund 1 p. c.
Cln. Ham. & I, (Junction) RR., 1st mort., guar..
Cincinnati, Lafayette <t Chicago— let mort., gold.

.

250
50
60
60
60
60
60
98

75
75

.

Consolidated mortgage

Canada Si>u<A<rn.— Connection
ada Souihem. Interest not paid.
Chicago

dt

Chicago, Cincinnati
tion furnished.
Chicago, Clinton <k

db

LouifciUe.—'!!!o

Dulmgue.—Thw road

irformadefaulted

in 187:1. It was bnilt by congtrnction companies in
which certain directors of C. B.
Q. were stockholders. (V. 20, p. 85, 1:4; V. 21, p. 14, 618; V. 23,
p. 232.)

&

Chicago, SanvBU <6 Vineennes.— There is also a
2d mortsnge for Jil,000,tW and a chattel mortgage
of $;l,0Oii,(X)0, most of which are pledged. Default
was made in 18^3, and coupons partly funded, subsequently receiver appointed, and decree of foreclosure made .July. 18M. (V. 21, 11. l.')7, 185, 347; V.
V. 23. p. HI, U9, 253.)
S2, p. 87, 304, M4
;

—

Chicago, 7>vMique cfe Minnesota. Defaulted Del'-73. same as Chicago Cimton
Dnbnqae.
(V. 30, p. 85, Vi), 184; V. 21, p. 14; V. 23, p. SJ3.)

cember,

&

—

Chicago & Tow^. Has a traffic guarantee of Chic.
Burlington A Quiney 40 per cent for purchase of
bonds. (V. 22, p. 67.)
Chicago,

I wa <6

A''.;*)'a«io.— Leased in

to Chicago & Northwestern, at
gross receipts.

37^

perpetuity
per cent of

*

Michiqan Lake Shore.— T\ie first mortgages, main line, have traftic agreement from Michigan Central. In default for interei-t since July, IfeTS,
SxccptonfirBt bonds H77.WX>. (V. !7,p. 168, 211; V.
18, p. 14; V. 19, p. 247; V. iO, p. 60, 31*.)
Chicago

Chicago. Milwaukee <t St. Paul.— The earnings
were reduced in 1R74 and 1875 by the lower freight
rates imposed by the Wisconsin railroad law. In
rates the law was nioditied, and with April, 187*',
higher rates again took effect, having a good influence on eam'^nge. The following is a comparison for
three years of operations, and financial condition
ftt

the close of year:

•

435,000
322,000
1,081,000
900,500
726,000

500 Ac.
1,000

500 &c.

318,.")00

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

462,000
2,500,000
1,000,000
1,500,000
2,500,000
1,500,000
4„42.5000
1,750,000
3,838,200
568,200

100
100 Ac.
500 Ac.

1860
1863
1869
1870
1871
1872

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

100
100

1875
1863
1864
1867
1864
1869
1868
1S68
1861
1872
1872
1873
1873
1806

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
]',(K>0

1,000
1,000
1,000

100
100

100
100
100
500
500

1859
1862
1859
1862
1853

Ac.
Ao.
Ac.
Ac.
Ac.

1,000
1,000

1863
1863
1865
1871

1,000
1,(K)0

100

1866
1875
1809
1871

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

100
is.Vs

1865
1867
1875
1873
1871
1874

of Can-

597,(K)0

1,000
1,000
1,000

1,000
50O Ac.
1,000
1871 500 Ac.
1872 500 Ac.
1870-1
1,000
1871-1
1,000
1871 ICX) Ac.
1870
1,000
1870
1,000
1872 500 Ac.
156 1873
1,000
70 1871
1.000
64 1871
1,000

Fadncali—lat mortgage

it

Chicago, Fekin

500 &c.
500 Ac.

500 Ac.

Ist mortgage (Keloit & Madison Railroad)
46
Consol. snik'g f'd M., (all above convert, into this)
779
Miullson extension, Ist mort., sinking fund, gold.
126
Chicago & Milwaukee, 1st mortgage, 2d lieu
85
Menominee extension, Ist mortgage, gold
120
Gen, cons, mort., gold, coup, or reg. ($48,000,000) 1,058
Winona & St. Peter, 1st mort., guar by CUlc.&MW. 137
do
2d mort.,
do
do
137
Ist M. exten, gld, land gv., ». t
do
175
La Crosse, Trerap. & P. 1st mort,, guar. C. & N.W.
28
Iowa Midland, 1st mort., guar, by Chic. & N. W.
75
Northwestern Union, 1st mortgage, gold
62

$455,000
207,000

$1,000

1,459

Pi'eieiTcd st'ck (7 p. c. y'rly, not cumulative)
1,459
Bonds, pref. (sink'g fund), Ist mort.. Chic, to Osh. 193
Interest bonds, funded coup., 2d m., Cbic, to Osli.
193
let mort., general, 3d mort., Cbie. to Oshkosb
193
Appleton e.Mten., 1st mort. on 23 miles and land..
23
Green Bay exten., Ist mort. on 26 miles and land
26
Ist mort., Galena A Cliieago Un. ER. extended
248
Misaie-sippi Kiver Bridge b'ds, lien on net cai'niugs

Chicago

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

Amount

Outstanding
Value.

1,399

(

St.

S'^«-<»-

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

1,899
$57,67.3,744

5
8
8
8
8
8

7
8

7g.
I'8

5

3,523,000

8
8
8

1,280,000
15,399,261
12,274,483
4.872,427
5,909,000
1,091,000
3,810,000

190,000
837,000
3,674,000
1,315,000
234,000
4,000,000
467,000
2,500,000
245,000
3,500,000
15,011,180
21,.502.233

7

s.

7

7
7
7

7
7
8
7-3

7

?«•
7
10
7
3I3
3I2

7

10

1,3.50,000

8

1874.
1,399

.1.

3I3

1,237,600
737,400
3,568,500
140,000
204,000
1,092,000
182,000
120,500
294,000
271,000
4,390,000
3,150,000
1,700,000
2,700,000
10,583,000
2,750,000
1,050,000
4,375,000
1,000,000

3,500,000
2,808,000
700,000
300,000
24,999,700
9,000,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
500,000
500,000
1,000,000
1,846,000
1,120,000
471,000

.1.

7g.

8

7

7
7
7
7
7
6

7
7
7

?^^'7
7

g.

V8
8

4
7
6

7
7
4

g.
g.
.

8

7
7

7g.
7

g.

1873.
1,399
$27,67.3.744

27,1S9,C0)

$27,R~1,744
27,119,610

Karnings ...
Op. expenses.

8,2.5.5,743

8,95.3.017

26,287,610
9,016,123

6,170,354

6,871,116

6,:.94,6(j0

Net earnimrs.

8,08.5,389

.

Debt

2 4.51,«G3
The issue of consol. bonds of 1875 was made to fubstitnte for that of 1874 ; of these bonds $i7.339,n00 are
reserved to take up old debt. The dividend on preferred stock March, 1874, was paid in consol. bonds
and the came Auril, 18?'B. and about $1.0O',O were
issued .June, 18'6, for steel rails. La CroFse Bridge',
and Milwaukee Elevator. Sue statements V, 22, r.
The fterling bonds of 18T2
280, and V. -M, p. 111.
are conveitible into dollar bonds. Dividends have
been paid since lf69— on pref. stock— in l»'6 14 per
cent, in bonds, and 314 per cent in cash; '" 1874 7
in bonds, 1873 7 cash, li72 7, 1571 7, ls7n 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and7 scrip. (V. 21, p. 38, 186, 253, 612; V. 22, p. 28.1,
42l,.5(;7; V. 2i,p 111.)

&

3,081,(100

year ends with
found in the
The net sur21. p. 158 and 181.
plus of the year on tlio Chic. A Northwest, lines
proper, after paying intere:*!, was $1,797,.550, and on
the whole system, including projrietary roads,
il, 179,716. The net earnings of proprietary ro;uls
were $(i74,.5'-9, and the interest on their bonds,
Lands of the company are 2,155..560 acres
t;99-?,t2i
unsold.
In 187ij-6, 10,456 acres were sold at an
average price of $2 96 per acre. The nominal surplus balance of the (Company, May 3!, 1876, was
»3,817,.329.
Operations of the C. & N. IV. proper,
for the last six years, compare as follows:

Chicago

Norihwest.—T\\a

May. The last
Chronicle. V

fiscal

lumiial report will be

.

Gross
earninirs.

1875-76
$12.77.3,7:1
1874-75 .... 12,707,121)
1873-74
14,410,124
12,73>i,607
1872-78
1871-72
11,402,161
1670-71
11,694,914

Expenses
and taices.

Net
earnings.

9,a34,4,50
8,178,2:17

$•.,864.8 3
4,728,' 31
6,07.5.673
4,.56«,3;0

6,810,026
6,3 1,506

4,692,135
6,383,408

$7,408 «57
7.984,694

& D. Boston. Co.'s Office. June 1, 1895
A N. N.Y.,N. Bk. of Com'rce. May, 1879
& J.
do
do
July, 1889
& J.
do
do
July, 1878
& J. N.Y.,N.B'k of Comm'rco July, 1878
& J. New York and Boston.
July, 1900
A. A O.
Boston.
Oct., 1890
J. A
New York and Boston.
July, 1890
A. A O.
Boston.
April, 1879
J. A J.
A. & O. N. Y., Union Trnst Co. April 1, 1962
J. A J. N. Y., Farm. L. A T. Co.
Jan., 1887
J. A D. Best., C, B. A Q. Office. June 1, 1896
A. A O. New York, Co.'s Office,
April, 1909
A. A O.
do
April, 1912
do
J. & D. Bo.st., C, B. A Q. Office. June 1, 1890
J. A J. New York and Boston. July 1, 1901
J. A J. Boston, by Treasurer.
July 1, 1876
& J. Boston, Merchants' B.k. July 1, 1888
F. A A. New York, Park Bank. Aug. 15, 1892
M. A 8. Bost., Treasurer's office,
Sept. 1889
J. & J.
do
do
July, 1890
M. AN.
do
do
Nov., 1891
M. A S.
do
do
Sept. 1, 1892
J. & J.
New York, Office.
Jan., 1871
A. A O.
do
do
Oct. 5, 1876
J. A J.
do
do
July 1, 1905
J. A J.
do
1893
do
A. A O.
1884
do
do
J. A J.
do
do
1897
J. A J.
do
do
1894
do
1899
J. & J.
do
F. A A.
do
do
1898
F. A A.
do
1898
do
J. A J.
New York, Office.
1891
Jan., 1902
J. A J. London and New York.
1902
J. A J
New York, Office,
do
J. A J
do
1903
New York, Office.
J. A D.
June 1, 1888
F. A A. N. Y., Mil. St. P.aul RR.
Feb. 1896
J. A D, New York, Co.'s Office. Deo. 28, 1872
J. & D.
do
do
July 15, 1873
F. A A.
do
do
Aug. 1, 1885
M. A N.
do
do
May, 1883
P. A A
do
do
Aug. 1, 1885
F. & A.
do
do
Aug. 1, 1885
F. A A
do
Aug. 1, 1885
do
1882
F. A A
do
do
Jan.
do
do
1, 1884
J. A J
do
do
July 1, 1878
J. A J.
do
M. A 8.
do
Sept. 1, 1898
Jan., 1888
do
do
J. A J,
Feb. 1, 1915
do
Q.-F.
do
April, 1911
do
A. A O,
do
July 1, 1898
do
do
J. A J.
do
June 1, 1911
do
J. A D.
do
Dec. 1, 1902
do
A D
do
Jan. 1, 1887
do
J. A J.
Nov. 1, 1907
do
do
M. A N.
do
do
Dec. 1, 1916
J. A D.
do
April 1, 1878
do
A. A O
do
Oct.. 1900
A. & O.
do
June 1, 1915
do
do
M. A S.
July 1, 1903
J. A .1
F. A A. N. Y., Farm. L. A T. Co. Aug. 1, 1901
1891
A. A O,
A. A O. New York, Co.'s Office. Oct. 27, 1876
1896
do
do
A
J.
J.
do
Aug. 1, 1896
do
F. A A.
Nov..
1890
do
N.
do
M. A
A D.
ApriT,'i873
Winslow,
L.
A
Co.
A. A O. N. Y.,
May 1, 1880
do
do
M. A N.
July 20, 1885
do
do
J. A J.
June, 1877
do
do
J. A D.
Oct., 1905
do
do
A. A O.
Jan.. 1903
do
do
J. A J.
Mch. 1901
M. A 8. N.Y., J.S.Kennedy A Co
Nov. 1, 1914
do
do
J. A J.

J.
J.
J.
J.

8
8

477,000

when Due.

Stocks— Ijaat
Dividend.

M.

8

211, .500

i(onrt»— Principal,

J.

8

7
7

1,3.50,000

una.

Miles
Stock

INTEREST OR DIVIDENDS.
When Where Payable, and by
Payable
Cent.
Whom.

Rate peri

.T.

.1.

I

trust deed of the gold loan provides contingently for a possible issue of $41,000,000. by nltiniately absorbing all the other bonds and also all
subsequent issues, including all the bonds of the

The

proprietary roads of the company, together aggregating $35,349,000. wliich amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,ii51,000, represents all the additional indebtadDividends
ness resnlting from the mortgage.

have been paid— July, 18J3, 3>i on preferred;
December. 1872, Z% on both; June, 1872, 3>^ on
preferred: December, 1871, VA on preferred; Jnne,
1870,
6 on both;
1871, 5 on both; December,
June, 1870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common; June, 1869, 5on both; Dercmber, 18^8. 5 on both. (V. 19, p. 295, 375 528;
V. 20. p. i:i6. 186,
641; V. 23, p. 111.)

V.

593;

21,

1!),

109;

V. 22, p.

<t Padf/ciA.— Completed in July,
p. 16; V. 20, p. 357; V. 21, p. 83.)

Chicago
(V.

p.

1874.

Chicago, Pekin, ct-S(ndhivestem.~-Ope^ed in 1873
earnings first half of 1674, $66,316; net,

Gross

$3:3,720.

Cliieago, Itock Island dk Pac'jfc—Net receipts In
April 1, 1876, $3,687,028, against
$3,543,983 in 1874-73. The income account for year
was as fii'ows: Gross receipts, $7,342,1S9; net

year ending

receipts, $;j.687.0.'8; dividend payments. $1,678,384;
interest, Ac, $185,000; nominal surplus fur the year,
Southwest, road is leased and
$l,214,0jl. Chicago
interest guaranteed on $5,000,000 of its bonds
default.
others
are
in
(V. 20, p. 614; V. 21,
the
p. 38, 186, 253; V. 23, p. 13, JJ6, 3.3.)

A

&

Dayton.— See report inV.
Cincinnati, IlamVton
39, showing net income of $1:37,54.5 in 1875-6.
Investigating Committee's report, V. 20, p. 367.
23, p.

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

V.

22, p. 280; V.23, p.39.)

& Caicoyo.—Lafayette. Ind.,
Gross earnings in 1876, $400,061,

Cincinnati, Lafayette

to Kankakee,
net, $178,903.

111.

(V. 20, p.

S68.)

;

SAILEOAD STOCKS AND BONDS.

September 30, 1876.)
Sabacribera

. .. ...

eonfer a icreat lavor by cItIok immediate notice or anjr error dlaeorered In tbeae Tables.

Mrlll

DESCRIPTION.
VoT explanation

column

of

on

liea<linKH, &o,, aoo

Miles

Dato

Size or

of

of

par

uotcB

Koad. Bonds Value.

tlrnt poj^o of tables.

Oln. d ltartiii«eillf—1 st mort.,)?ii'H' '>y lesseeo
Oincintutil iC Munkinf/uin Vuttei/ Irtt mortga*?o..
Oin., Rir/it/wnd li C7a'c.— iHt iiiort., jfiiiir. C. II. i&I>.
2d inort^nxo, Kuar. ami owned by C. It. *fe D.
Oin., IClch inond it Ft. IV.— 1st luort., gold, guar,
Oi)icin>uitl,Sutulittky iC CVcfc/niiii—Stock
Proferrod stock.

—

38
148
30
30
!)0

.

Sprim/JieUl— 1st mortKaKC,

<«

80
48

giiai-

2d moitKago
<* Mteh
Ist mortgaxo
OleceUmd, Coluinbug, CtnciHuali tt /«</.—Stock..
l8t mortgago (C, C. & C. RR.) $2.'),()<)0 a year.
do
(Bel. <St Ind.) excli. for new mort.
do
C, C, C. & I. sinking fund
Consolidated mortgage (for $7,.'J0(),OOO)
Olevetaiul (f Mahonitty VW/ci^—Stock

—

Gin., Wah.

81
..

. .

..

471
138
202
300
300

«7
67
35
145
"

1st mortgugi!, cxteuiled

tnortgagc (now 2d)
Lisbon, 1 st mortgage

Sinking fund,

.'id

Nlles <fe New
Oteoeland, Ml. Vermm <6 />c;.— 1 st mortgage, gold.
Ist mortgage, Columbus Extension

. .

Income mortgago for funding
Okvetand it i'itoi/Hij/A— Guaranteed stock
4th mortgagt! (now 1 st)

199
199
199

Consolidated sinking fund mort. for $.'>,(X)0,000.
C^mstruction and e(iuij»ment bonds
CteoeUiiid, Tustxirawutf \uliey tC Wheeling Istm...
Ootebroolidule—lHt mortgage
Colorado Vi'utral 1st mortgage, convertible
Ootumbui it llockinfi Valteif—Stoc^
Ist mortgage, sinking fund bonds
let mortgage, Logan & StraltsvlUo Brancb

—

80
89
70
13
89
587

2d mortgage bonds
Cohimbus, Chiawo it Iiuliana CenlnU—StouVi
Ist mortgago Columbus, Cliio. & Ind. Centi'al.
do
(Chicago & (Jreat Eastern)
do
(Columbus tt; Indianapolis Ccntrsil)
(Union & IjOgansport)
do
(Toledo, I,,oganH])ort & Burlington)
do
do
(Columbus it Ind. 1st and 2d prof.)
(Cincinnati & Cliicago Air Line)...
do
2d mortgage (Columbus & Indianapolis (Neutral)
(Indiana Central)
do
(Chicago & Great Eastern construe.)
do
(0)lumbus, Chicago & Ind. Central)
do
do
Income convertible
do
.

(Tolo<lo, Ijogansport

<fc

45
70
55
35

—

Okmcorrf—Stock
it VortsmouUi —Stock
OonneciiCttl £ PitssHmpsic Stock

41

—

lit
110
110

(for $l,.'jOO,(X)0)

Ist mortgage, sinking fmid
Not«8, coupon
Massawippi st'k, guar, same div. as Conn. & Pass.
do
bonds, ginir. by Conn. & Pass
Oonnecticiit CenlnU— 1st mortgage for $-100,000.
Connecticut Rii'C} Stock
1st mortgage (sinking fimd now $148,931)
Connecticut I alley— \s,t mortgage
Connecticut llVster/i— 1st mortgago
Connecting (ritila.) 1st mortgago
Oumbevktnd <e I'enn.tylvania— 11*1 mortgage
2d mortgage, sinking fund, (guaranteed)
, .
Cumberland Valley— Stocii (!i>l«l,000 prcfen'ed)
1st mortgage

—

38
38

.

"5(i

56
44
08
7

—

38
38
82
52

.

2d mortgage
bonds

52

Common

Vanbvn/ it S'orwalk—Stock
1st,

2d and

;td

"33
33
51

mortg,igPS

Sancillc, llazlcton it WilkcDbarre—l st mort
Daneille, Urbitnit, Bl' ton it I'ek in— lat M., gold
Davenport it St. Paul— Int mortgage, gold

* jl/arHn^cMfe.— Receiver appointed'
Sold in foreclosure, -lune, 1870. (V.
p aiS, BH; V. 2.1, p 8.).)

dndnnatl
Feb..

1871!.

ao, p. 289; V. 21,

& Muskingum

CbidnnaU

Valley.

Is leased for 99

years from 1873 to Pittsb Cin. & St. Louis for net
earnings, but bonded interest is guaranteed. Net
earuinss, 187.% *:«.744. (V. 82, p.
1 9, (114.)
Cincinnati, Richmond it Chicago.- -lAitLscd to Cin.,
Ham. & Dayton, which owns most of the stock. Net
,

.-,

Income above

interest, 1875-6. $8,2S9. (V. 21, p.

4

Cincinnati,

Sandusky

K5,

:W,

cfc C'ettland.—ln the
year
gross earnings were $857,695;
net earnings, t29,j,91!l. being

expenses. t;561,T75;
>i8,74S better than In 1S78-T4. (V. 21. p. 59 I .)
Cin'-inmUi tfi SpHnrj/itld. Leased in perpetuity
& I., with guarantee of interest
to dev. Ool.

C

—

mortgage half of Interest is also guaranteed
on
bylJikeSh. &.M.S. (V. 2i, p. 232 )
Girtcinnati. \V bash & Michigan.— Vaiil interest
January. 187r». tobondhold'TsnotconsentingtopasH,
and allow finid.s to be used for completion of road.
Some bonds held by L. Sh. & Mich. St>'n. but no indorsement by that comi)any. (V. 22, p. l.'>8.)
Cievtland, (Mumtms, Cirieinnall A Iiulianap.—Hy
the annual report surplus over interest in 187.'i
was$ino.261. Net caHiinga inl8'5,*S84.02-». Later
first

report V. :3, p. 232. (V. 20, u. ail; V. 21, p. ti3,
8&i; V. 22, p. a-i7, 303.)
Ckvelan.'i <6 Mahoning Valfetj.--lg leased to AtGreiit Western, and interest on bonds is
lantic
paid. (V. 20, p. K>. 1.3(1; V. 2-3, p. .,32.)

&

&

117
170

1

,000
,00O
,000

1,0(X)

1866
1852
1807
1871
1872
1871

1,(K)0
1,(K)0

1,000

100
500

1800
1864
1809
1874
1873
18.57

1870
1870
1871

1,000
1,(K>0

1,000

50
500 Ac
50O Ac
500 &c
1,000
1,000

50

1802
1807
1873

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

100 &c

1870

1,000

50

1807
1870
1872

500 &c

1868

1,000

1,000
1,000

lOO

Clewlan^i, Moutd Vernon
/)c^aii)flre.— Defaulted
July, 1874. and made compromise by which all the
conpons due .July. Is74, and ono-half «f coupons
from January 1. 187.5, to and inolnding .Inly 1, 1877,
are to be postponed to .Ian. 1, 1885. and the remaining half to he p«id as they mature. Gross earnings
1875, t4aH,Oi7; expcusas, g.')2'j,3«0; net, «9B,b67.
(See report, V. 20, p. 38 0; V. J2, p. 350.)

1871

I'ob'o

50
1,000

50
100
100
1873 100 etc.
1850 100 Ac.
00-'71 100 &e.
100
1869
1,000
1875
100
18.58 500 &c.
1871
1.000
1870 500 &c.

Outstanding Rate per
Cent.
100,000
,500,000

I'oiiio

1868

1,000

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

$173,385 over

all

7
7

5liO,(KK)

3
7

7
7
7

651,000
1,200,000

I'-

14,il01,092

?«

1,920,950
1,500,000

7
7
7

.3(K),000

689,000
13,938,972
10,428.000
451,000
2,632,000
775,000

-7

7
7

531,,500

7
7

313,000

7

217,7,50

7

821.000

7

6(;(i,500

7

341,400
3,002,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
330,000

10
7
7
7
7

2,175,.5O0
8 11, .500

3

270,500
607,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000

803,500
504,000
1,777,850
161,000
1(>0,.500

81,800
000,000
500,000
1,400,000
2,(MX>,000
iO.OOO p. m.

2

CW«ftrooft'^«fe.— I>cased to Philadelphia
No dividends paid on stock.

22, p.

A Read

350.)

(V. 20, p. 29. 61. 140, 162, 2t

426. .593; V. 21,
619. 590; V.

1, 825. 355. 382.
p. 1.3, 317, fill. Wl; V. C2, p. 352,
in, p. 40, 254.)

Columbus it A'iBta.— This road k leased to the LitMiami Co., and both roads for 99 years to Pittsburg Cinn. A St. I^onls Co.; the lejise is guaranteed
Pennsylvania
Railroad, and the terms ar» 8 poF
by
cent on stock and interest on bonds.
Concord.— Pays 10 per cent a year; net receipts In
tl

1875-a, $!«0,29«.

(V. 22, p.

665.)

1,

1880-

Jan.

1,

1901

Sent

1,

Jan.

1,
1,

1876
1892
1900
191S

Juno
June

1,
1,

1898
1890

Jan.

A.

&

J.

N. Y., Am. Exch. N. B'k
N. Boston, Tower, O. A Co
Boston.
J.
S.

Jan.,

Nov.

Aug. 16, 1876
Oct.

July
Jan.

1,
1,
1,

1897
1880
1392

1908
1893 to '95

April,

Nov., 1904
Dec., 1905
Feb., 1884

Dec, 1883
1880 to '90
Nov., 190*
Jan., 1882^
Feb.,

Sept

1,

1890
1901

Si'pt. 10, 1876
1, 1890
1, 1876
July 1, 1876
Feb. 1, 1875
April 1, 189a
Dec. 1,

Sept

JI. &.

,

.1.

anteed by Penn. RR. The amended lease gnaranteed interest on $15,821.000 01 first and second bonds.
A ug.. '74. default was made on the $j,000 000 seconds.
April 1, i87o, def&ultcd on 1m mort. The guarantee
of interc-t was absolntc. bnt the Pennsylvania Railroad claims that the 0. C. .t I. ('. Co. did not fidni
Bondholders claim thnt no such failure
all its part.
after bonds had been sold with the guaranty could
prejudice their rights.
Suit is pending agamst
Pennsylvania Itailroad. Interest on most of tiio old
prior bonds has been taken up. Net earnings, 1875,
$8(10,44!.

JiUy, 1905
Jan., 1901
July, 1895

May
A
& A.
Boston Odico.
7
A. & O,
do
6
J. & D.
do
1878
7
Various
do
1870 to '81
3
F. & A
do
Feb. 1, 1875
July 1, 1889
«^- J. & J.
do
& O
Oct, 1895
4
& J Boston, Bost.A Alb.RR, July 1, 1876
6
M. & S. Boston, Globe Nat. B'k. Sept. 1, 1878
7
J. & J. N. Y., Am, Exeli. N. Bk. Jan. 1, 1901
7
&
Now York and Boston July 1. 1900
Philadelphia.
1000-'l-'2-'3-'4
& S.
M. A S. New York, Co.'s Office. March 1, 1891
6
May 1, 1888
M. A N.
do
do
5
A. A O. Phila. and Carlisle, Pa. April 1, 1876
8
A. A O. Phila., T. A. Biddlo A Co April 1, 1904
do
April 1. 1908
8
A. A O.
do
Jan. 1, 188.4
6
A. A O.
do
do
lb Q.-M. New York and Danbury June. 1.S76
7
J. A J. New York, 81 Browlw'y 1880, '90, "92
7
A. A O.
Phila. Penn. RR. Co.
Oct. 1, 1888
A. A O. N. Y., Farm. L. A T. Co.
April, 1909
July. 1911
7 g. A. A O. N. Y., Loud. A FrauWt.

&

49.-..

<fe

J.
F.

Co'un^us, Chlcarfo it I' dlana Central— On Jau'
was leased by the Pittsburgh Cin.
StI^uis, guaranteed by Pennsylvania Railroad. An
amended lease wa-* made Feb.. 1, 1870. also guar52, 1869, it

do
do
do
do
do
do
Various
do
M. & N.
do
J. & J
do
do
do
do
J. & J.
V. & A
do
do
F. & A
do
do
F. cfe A.
do
do
M. & S. N. Y., Union Trust Co.
Columbus Ticasury.
Q.-M.
P.

.1.

31a

877.59^1; net, *:)-i8,376, a!;a:nst$.'i5-,0771n 1674.

476; V.

<fe

M.&

Colorado Ofntntl.~'Bai\t mainly by Union PaciHc,
which holds the bonds, if5,27l>,6»3 in all. (V. 81, p.
85; V. 22, p. 61, 507, 6H; V. 2:!, p. 183.)
Columbus it Ilockiny Fa'fey.— Gross earnings,
20, p.

& A.
O. N. Y.,St. NIob.Nat. BT(
& J.
do
do
do
J. & J.
do
A. & O. N.Y., St Nich. Nat. B'k,
Various
do
do
do
do
J. & J
do
A. & O.
do

7
5

exiienses, interest, Ac.

Sec annual report V.

New York, Co.'s Ofllce
New York, Moran Bros,
N. Y., Wluslow, L. & Co,
do
do
N. Y., Wlnslow, U & Co,

201,000
7
436,000
7
3,000,000
7
2,500,000 7 or 6 g.
2,759,200
3ifl
630,000
487,900
500,000
7
1,350,000
7k.
950,000
7gdo
do
990,994
11,243,479
1% Q.-M. N. Y., Farm. L. & T. <3o
1,104,844
do
J. & J.
de
2,701.000
7
do
M. & N.
do
1,342,000
7
do
do
J. & J.
2,000,000
7
Cleveland, Ohio.
584,000
6
Plilla., Co.'s Offlcc.
J. &"d.
1,272,000
!«• J. & D. Boston, Trcas.'H OQicc.

'jig.

f

J.

& D.
June, 1021
Boston, OtacAi.
& N.
do
do
May 'l,"l87«
& A.
do
do
Aug. 1, 190O
do
<b 8.
do
Sejit. 1, 1877
& D. N. Y., Union Trust Co, I)<%. 1, ISOO
& O. N. Y., U. S. Trust Co. April 1, 1901
do
do
& J.
1002
& J. Wabasb, Indhuia.
July 1, 189J
& A. N. Y., U. 8. Trust Co. Feb. I, 1876
&. D.
do
do
June, '75 to *84*
do
& J.
do
Until 1890
& N.
do
do
May, 1899
& D. Now York or liondon. June 1.1914
&. N.
CHeveland Ofllce.
May, 1876
& A. N. Y.,Ward,C. ACo. Aug. 1, 1898
& 8. Cleveland, at Ollloc. Sept. 15, 187e
& J. N. Y., Union Trust Co.
Jan., 1890
& J. N. Y., Wluslow, L. & Co, Jan. 1, lOOO

I'-

2,0O0,(K)O

A.

&. J.
&. J.

7

65,000
1,800,000
4,005,750
429,037
778,000
350,000
1 ,072,300

Cleveland, J'uscarawas Valley cfc }Yheet'mg.— This
road was sold under a 2d mortgage. Jan. 27, 187.5, and
reorgimizcd. (V. 20, p. 6 , HO. 338; V. 2;, p. 352.)

\9r,i,

&
&

.$

1

9!)6,000
18(V6

JJomfj-PllB*'
INTEREST OR DIVIDENDS.
pal, Wlien Dam.
When Wbtre Payable and by
Pay'bIc
Whom.
Dividend.

Amount

CUvfland it Pi««J«rgrA.- -Leased to Pennsylvania
Railroad at 7 per cent on stock, besides expenses
and mterrst, and transferred to Pennsylvania Co.
Report for 187.5, V. S2, p. 206, shows surplus of

62.)

Ctnelnntti, RicJimond A, Foil l^'iyiw.— Leased to
Grand Rapids for 99 years. Interest on l)onds is
gnarante d by Orand wnds, Cincinnati Hamilton
Dayton, and by Pennsylvania Co. (V.i2, p. 532.)

ending June

1

Burlington)

1st mortgage

New mortgage

1

1865

Oolumbus, UpringJleUl it Oineinnati—lni mort
Oolumbiifi it Xcniii Stock
Oi>neor<l

$1,000

50
50

18

—

Income

1865
1870
I860
1809
1871

171
171

Mortgage bonds, Sundusky, Daytou <& Cincinnati
do
Sandusky city & lud
do
Cincinnati, Sandusky & Clcvo.
Olneinruili

Zf8

Concord cfc PorUtmouth.-ljbaiti to Concord RH.
at $25,000 per year.
Connecticut it Pjssumpsic.—AunxxAl report te
June, 876. shovmd net eandngs for year $240,P5<>.
against $226,875 in 1874-5. Dlv. i>assed eincr- Ang,.»
1875. The new mortgage of $1,500 0,0 will ret&»
previoaf issues. (V. »1, p. 277: V 23, p. 301.)
Connecticut Ceniral.—hcasid to Councctirnt V»V
ley at a rental ojvcring Interest. (V. 22, p. 209.)
Cnnecticut R rer.—NH earnings 1873-4. $295,067Snrplos account Oct 1, 1874, f 51S,ft39. (V 20, p. 61.>
Cnnecticut Valley. In default and surrendered
to second morttago bondholders. (V. 23. p. 40.)
Con'iectieut Western— liet eamlnirs 1874-5. $184.2:15; Interest,
$221 ?16. Conpons passed July,
187o. (V.21. p. 611.)
Connecting.
U-ased to Philadelphia
Trenton,
and operated b) I*ennsyl\-anla; terms, 6 per cent on
$1.2i8,.30O BtocE, and Interest on the bonds.

Ac
—

A

CumbtUand t Pennsylvania.— OwncA and opcr
ated by Couso'jidation Coal Co., which guarantees
mortgage. Stock $1,500,000. (V. 22. p. 415.)
Cv7nbcrl:ind 'alley. The stock is owtu^d in large
part by Ptnusj jvania Railr.iad Co. Net earnings,
year ending SeJ t. ,30. 187?, $200,594. Large advances
'id

—

'

nave been

inai e to

branch n)ads.

This company

paid 9 per cent in 1871, .5 in 1572, nothing in 187«.
out resumed i'l 1874, and declared 5 per cent. m.
Oc'ober, and 8)ml-annually since.
Danbury it ^^l»walk -Cross earnings, 1874-78^
$b7.02ft; eiptnses. $87,410; Inteest and laxea,.
$42,191; surplus, $87,4-J5
Danville Ha U.tonit UTfi/Marri'.— Leased, March..
1872, to Penni flvania Railroad for 33 years. Th*
,tober,1874. were purchased by PennIn default, April, 1875. (V. 20,

conpons due

sylvania Railr «d.
p.

3-3-i.

470. 5110 170.)

R

ti^a, B'oomingt/m <* P<*in.— This i»
Vanvi'U
a part of the Indianapolis Bloomiiu;ton A WceterA,

now

in defo-

it.

S=ee I. B.

A W.

/lavenpiitit St. Pok/.- Sold in foreclosnre. Much.
% ia76. Re-organized as Davenport A Northwestern. rV. 20. p. Ill, 313, 59-t; V.2t. p. 441. 570, Oltt
V.SS, p. 87, 281, 305, 515, 690; V. 23, p. 159.)

.

—
.. . .
.

.

:

RAILROAD STOCKS AND BONDS.

XTUl
Snbacribera

[Septem' er 30, 187«.

confer a great Taror by glvlns Immediate notice of any error discovered In these Tables.

irlll

Uoj«/«— Priuol-

INTEREST OR DIVIDENDS.

DESCRIPTION.

Miles Date Size, or
Amount Rate per When Where Payable, and by
of
For explanation of column lieadinj^H, &c., see notes
of
Par
Road. Bonds Value. Outstanding
Cent
Payable
Wliom.
at the heart ot tlrst page of tables.
I

pal,

Dayton d Mkhigan— Com. stock

(.3% guar. C.H.&D.)
Prcferrod stock, (8 percent, su.ar. C. H. & D.).
1st mortsjaso, sinking fund, $30,000 per year
2<l

mortgage

3d mortgage

142
142
142
142
142

$50
50

1871
1856
1867
1869

1,000
1,000
1,000

Toledo depot (cost $353,940) 1st and 2d mortgage
61&64 500 Ac,
36 1865
Daulon rf Wesleni—lut M., guar. L. M. & C. & X.
1,000
1101-2
JHlaware Railroad—fitock
50
13 18.59
Extension mortgage
llOia 1875
Mortgage bonds, convertible, guar. P. W. <t B.
1,000
27 1875
Delaware A liormd Brook— lut mortgage
"50
195
Delaware, Lackawanna tf TTesteoi— Stock
2d mortgage (Delaware, Lackawanna & Western) 115 1856 500 &c.
Bond.s (convertible June 1, 1875 to '77)
1872
1,000
"60 1859 100 &c.
I^ackawanna & Bloomsb., 1st mort. (extension)
25 1858 100 &c
do
do
2d mortgage
106 1869
Denver Paeiflc—lat mortgage, gold, land grant.
1,000
118 1870 500 &c.
Denver it Rio (/"ande—lst mort., gold, sli\K. fd.
88 1874
Des Moines d! FmH Dodge — Ist mortgage, coupon
1,000
Detroit, Eel River dC III.— 1st mort., coup, or reg
94 1871
1,000
94 1873
2d mortgage
Detroit, Lansing
164 1871
Lake Mich. — 1st mortgage.
i',6oo
23 1872
1st mortgage, on branches
1,000
164 1873
2d mortgage, on main road
1,000
59 1869
Ionia & Lansing, Ist mort., coup., may be reg
1,000
59 1870
do
2d mortgage
do
do
1,000
190 1855 2.50 <&c.
Detroit
Milwaukee— \at mortgage bonds.
1856 500 Ac.
2d mortgage, April 28, 18.">6.
1860 Various
1st funded coupons. Nov. 15, 1860
1863 Various
2d funded coupons, Nov. 13, 1836
1866 500 &c.
Boud.s of June 30, 1866 (conditional)
1853 100 &c.
Sterling, (Oak, & Otta. RR.) Oct. 1, 1853, gold....
1853 500 &c.
Dollar A)ak. & Otta, RR.) bonds, Oct, 1, 1853....
1851
1st mort. (Detroit & Pontlac RR.), April 1, 1851.
1,000
18.54
3d mortgage (Detroit & Pontlac RR.), Feb. 1854.
1,000
1853
2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
1,000
Bonds of Sept. 1, 1866, (Limit $300,000)
1866
1,000
mortgage
Various
Bonds &
on Detroit real estate
143
Dubuque d- Sioux City—Stock
100
100 1863
500
1st mortgage, Ist division
43 1864 500 &c.
1st m ortgage, 2d division (for $1 ,400,000)
55 1863
Dubuque Southwestern— 1st mort., prcf., sink. fd.
500
55 1863
Ist mortgage, Oct. 1, 1863
1,000
Dunkirk, Allegh. Valley <& Fittshiirg— 1st mort., gold
90 1870
1,000
58 1868
Duchess <* Ooiumbia—l%t mortgage
270
East Tennessee, Virginia <£ Georgia—Stock
ido
24-2
1870
1,000
Ist mortgage sinking fund bonds
112 50-'56 1,000
East Teun. & Georgia ($95,000 are endorsed)
130 1856
Eaat Tennessee and Virginia (endorsed)
1,000
2d mortgage to U. S. Government
36
"bo
Bast PcjiHsyreanio— Stock
36 1858 100 &e.
Ist mortgage
114
Eastern {Mass.) —Stock
100
Essex RR. bonds, Sept. 1856
18,56
1865
Ten Year Notes due 1885, April 1865
68-'69
Bonds due 1888, March, 1868 to 1869
do
1869
1889, May 1869
1872
Ton Year Notes
Bonds
1873
73-'74
do sterling, sinking f imd
Funding Notes
1874
1,000
1876
Mortgage funding bonds
Eastern Shore, (JW.)— 1st mortgage, convertible
39 1860 100 &c.
39 1866 100 &c.
2d mortgage, convertible
Ehnira dc Wuliamsport —Stock common
78
50
Preferred stock
78
50
Ist mortgage bonds
78 1860
1,000
Income Ijonds, 999 years to run
1863
500
'Erie Railway —Stock,common
959
100
Preferred stock (7 p. c. y*rly, not cnmnlative)
100
1st mortgage (extended in 1867 to 1897)
1847
1,000
2d mortgage, convertible (extended to 1879)
1849
1,000
18.53
3d mortgage
1,000
4th mortgage, convertible
1857
1,000
5th mortgage, convertible
1858 500 &c,
Buffalo Branch Bonds
1861 100 &c.
1863
Long Dock Co. mortgage
1,000
ie200
Sterling bonds, convertible, £1,000,000
1865
.

rf-

(£•

.

"

Michigan.— JjemaA in perpetuity to Gin.
interest on bonds, and
dividends on stock, holding itself
|l,398,100 of the cmnmon. (V. 21, p. 62.)
Dayton <fc Weiftern. Leassd to Little Miami, and
with that to Pittsb. Gin. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, arc yet out, which
will he retired shortly.

&

Delaware.

—Leased

by Philadelphia Wilmington

Baltimore Railroad for 30 per cent of gross earn
logs. lu 3874-5 gross earnings were $510,094, and
net recGipta therefrom, $153,038.

Delaware & Bound JSrooi.— This is pirt of the
route between New York and Philadelphia. (V.

new

Hi, p.

80!),

257.)

Delaware Lackawanna <e Western.— "Hl^a gauge
of road narrowed in March, 18'6.
The company's operations consist in large part of coal
minlug and transportation, and no annual report
Is issued except the statistics required by the State
of Pennsylvania. The Morris & Essex Railroad is
leased and some of its bonds guaranteed. From
the last annual report published in Chronicle (V.
83, p. 13), the following comparison is taken:
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
1875
1874
1878
1872...,
1871
1870

$6,881,107
5,347,725
6,248,485
4,746,678

$4,469,923
3,244,633
3,369,818
3,709.509

$32,();3,185
3ti.5»5,2:«
3.5.775.769

3,35,481

1,54»,7«

4,106,222

1,240,513

25,922,768
84,766,850

!i9,(3:S,515

-(V. 22, p. 2J2; V. 23, p. 303.)
Dvnver Ft ri/Jc— Operated in close connection with
Kansas Pec'.ftc. Land grant, 1,100,000 acres. In
1874 g'^oBs (arnings were $310,911; net earnings,
$173,049; total income was $242,28', and interest
payments, J; 86.658. Co.st of road and equipment,
(V. 20, p. 569.^
16,4^4.3.58.
,

Der.ier <i Rio G^'ande.—This

is

the principal nar-

row-guago mad (three feeti in the United States.
The whole line as projected is 8^5 miles. Earnings

^0

far have

b jen good.

7
2io

7

7
7
7

7g.
7g.
6
8

7
8
8

7
8

7
7
7

6g.
7
7
8

7

.1.

7
10
3
7

7
7
7

7g.
7
3

7
6

4

1,309,200

3

495,900
4,997,600
194,400
160,000

7
3
6
6
6
6
7

—Th:s

,

8
8
8

6g.
7
"(i'

6
213
312

7

1,000,000
570,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714

.

<t

3
6
6

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

.

Dayton

7

1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000,000

.-

guarantees

7

450,000
3,200,000
2,500,000
1,968,274
2,999,000
730,000
147,000
190,000

'

Q.—J. N.

6&7

6&

& O. Cincinnati. C. H.& D.Co April, 18761
Y., Winslow, L. & Co.
Jidy, 1876
J. & J.
do
July, 1881
do
M. & S.
do
Sept., 1887
do
A. & O.
do
Oct., 1888
do
M. & 8.
JIar.,'81 & '94
do
do
J. & J. N. Y., Am. Exch. N. B'k Jan. 1, 1905
Julyl, 1876
Dover, Co.'s Office.
J. & J.
J. & J. Phila.,Girard Nat. Bank Jan. 1, 1880
J. & J. Phil.,Fid'lityI.T.&.S.Co July 1, 1895
1905
Philadelphia.
F. & A.
July 20, 1876
New York Office.
Q.— J.
March 1, 1881
do
M. & 8.
do
June, 1892
do
do
J. & D.
March, 1885
M. & 8.
do
do
April 15, 1880
A. & O.
do
do
M. & N. N. Y., Bk. ot Commerce. May 1, 1899
M. & N. N. Y., Rutten & Bonn. Nov. 1, 1900
Jan. 1, 1904
New York.
J. & J.
J. & J. N. Y., Mercantile Bank. Juno 1, 1891
Feb. 1, 1888
M. & N.
do
do
AprU 1, 1896
A. &. O.
Boston, Co.'s oflicc.
Dec. 1, 1897
do
J. & D.
do
F. & A.
Feb. 1, 1893
do
do
Julyl, 1889
J. & J.
do
do
May 1, 1880
M. & N.
do
do
M. & N. N.Y.,M.K.Je8Up,P.&Co. Nov. 1, 1880
May 15, 1875
M. & N.
do
do
May 15, 1875
J. & J.
do
do
May, 1875
M. & N.
do
do
New York & Detroit. July 1, 1886
J. & J.
M. & N. New York & London. Nov. 15, 1873
M. & N. N.Y.,M.K.Jesup,P.&Co. Nov. 15, 1873
A. & O.
do
April 1, 1878
do
F. & A.
Feb. 15, 1886
do
do
& J.
do
do
Jan. 1, 1878
M. & S.
Sept.,1 1886
do
do
Various
Detroit office.
Various.
A. & O. N.Y'.,M.K.Jesup,P.& Co. Apr. 15, 1876
J. & J.
do
do
1883
1894
J. & J.
do
do
July,
1883
J. & J. N.Y.,M.K.Je8up,P.& Co.
A. & O.
do
Oct., 1883
do
June, 1900
J. & D. N.Y., N.Y. Cent. & Hud,
J. & J. N.Y.,BrownBro8. &Co, Jan. 1, 1908
April
A. & O. N. Y., R. T. Wilson & Co.
1, 1876
J. & J. N.Y., Gallatin Nat'l B'k July 1, 1900
1880 to 1886
J. & J. N. Y., R. T. Wilson & Co.
M. & N.
do
do
May 1, 1886
Phila., by P. & R. RE.
July 18, 1876
J. &
Pliila., P. & R. oflicc.
Mar. 1, 1888
M. &
July 15, 1873
Boston, Co.'s Offlee.
J. &
Sept., 1876
do
do
J. &
April, 1885
do
do
A. &
Mar., 1888
do
M. &
do
May, 1889
M. &
do
do
1882
do
do
M. &
do
do
1892
London, Baring Bros. Mar. 1, 1893
M.&
M. &
New Y'ork Agency.
Nov. 1, 1884
J. & J. Phila., Girard Nat. B'k. Jan. 1, 1880
do
A. & O.
do
Apl. 1, 1886
May, 1876
M. & N. Phila.. Pcnn. R. R. Co.
do
July, 1876
do
J. & J.
J. & J. Phila., Pcnn. Trust Co. Jan. 1, 1880
A. & O. Phila., Ponn. R. R. Co. Oct. 1, 2862
A.

2
7
7

81, ,500

.

Ham. & Dayton, which pays

1^

$2,395,350
1,280,100
1,870,000
426,000
356,000
105,500
614,000
1,388,023
100,000
650,000
1,120,000
25,889,000
1,633,000
611,000
370,900
209,000
2,457,000
3,024,500
2,200,000
2,064,000
500,000
3,219,000
575,000
1,359,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,316
150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000

When Due

S(ocA«— Last
Dividend.

I

5
1
3I2

J.

M.
M.
M.

7
7
7
7
7
7

A.
J.
J.
J.

7

6g. M.

N. Y., Co.'s

'&"j.

&
&
&
&
&
&
&
&

office.

N.
8.
8.

O.

D.
J.

D.
S.

i

Oct.
Oct.

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

lf'73

1873
1897
1879
1883
Mar.
Oct.
1880
June
1888
July
1891
1893
Jan.,
Sept. 1, 1875

do
do
do
do
do
do
do
do
do
do
do
do
uo
do
do
do
London.

May

Sept.

D38 Moines Valley, reorganised afttr f ,,reclosure.
Coupons of Jan., 1857, are funded. (V. 21, p. 483.)

East Pennsylvania.— l,eSi»ed to Philadelphia &
Reading at 7 per cent on stock and bond£. DItIdends are 6 per cent per annum.

Detroit Eel River dk Illinois.—To be sold in foreclosure. (V. 22, p. 305.)

21,

Zfeg

Moines

cfi

Fort Dodge.

is

part of the

—

Detroit Lansing & Lake Michigan. The report
for 1875 is given briefly in the Ghronicle, Vol.
22, on p. 399^ showing gross earnings of $739,704,
net. $210,896.
Coupons on 1st mort. paid half in cash
and half in pref. stock; coupons or I. & L. bonds
paid in cash. Foreclosure proceedings are pending.
(V. 22, p. 446.)

—

Detroit tfi Milwaukee. This road was operated by
the Great Western of Canada, but defaulted in 1873.
and negotiations are now pending for eetthng the
debt. Of the bonds of .June, 1866, $l,2.i8,n08are in the
hands of the Mtrchants' Bank of Canada, redeemable f 110,000 perycar. The Detroit & Pontiac interest has been paid in whole or in part, and it is not
proposed to fund coupons on those or Oakl. & O.

boudt.
p. 186;

311, a57,
509, S81, 199;

(V. 20, p. 842,

V.

s2, p.

Diihiique

no,

81,

—

&

tral, in 1867,
ings first ten

383, 500; V.
23, p. 86.)

V.

Sioux City. Leased to Illinois Cenfor 20 years, at 35 per cent of gross earnyears, and ;16 afterwards. In 18(5 gross

earnings were $1,194,268.

Dubuque Southwestern— Fariev to Cedar Rapids,
la.— Gross earnings, 1874, $117,107— $5,8.0 below
1873.

A

h

Dunkirk Allegh. Valley
consoliPittsburg.—
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased
and bonds mostly held by New York Central &
Hudson.
Duchess <t Columbia.— fioM In foreclosure. Aug'
10. 1876, for $297,.500, to first mortgage bondliolders.
(V. 20, p. 15; V.

^.•2,

p. 321;

V.

83, p. 159, 183, 256.)

East Tennesnee Virginia <6 Oeorgia.—Gmsn earnings year endini; June .30, 1875, were $1,0.59,935; expenses, $342,462, and net earnings, $717,522. Annual
report,

V.

21, p.

275.

Eastern (Mass.). -Company embarrassed 1875. V.
At request of bondholders, a general
p. 317.
mortgage was authorized by Massachusetts Legislature to fund the old issues of det^t. Annual report,
V.21. p. 569; V. 22, p. ISK. Funding proposal V.
21, p. 612.
(V. 20. p. 177, 842 : V. 2', p. 38:1, 347, 635,
569. 612; V. 22 p. 45. 61, 87. 135. 158, :21, 690; V.
23, p. 15, 63, 86, 134, 159.)

—

Eastern Shore. Formerly leased, but now operated on own account since December. 1869. Coupons for $216,000 overdue. (V. 22. p. 297.)

ElmXra

& IWKawwpor/.—Leased in 18"3 to

ern Central for 999 years.
per year,

Rent amounts

North-

to $165,000

—

Erie. Mr. H. J. Jewett, the president, was appointed receiver May 26. Negotiations for settlement with
bondholders pending-^see report of London Committee in V. 22, p. 423. Int. on the first four mortgages
Foreclosure suits were commenced under
IS paid.
the fifth and consolidated mortgages, but in
February. 1876, overdue interest on 5th mortgage
was paid byMaitland, Phelps&Co. The largest gross
earmrgs ever marie were $20,012,606. in 1872-3, The
following comparison for four years is from the
company's renort to N. Y. State Engineer for the
years ending .Sept. 30
"
Gross
Net
Interest,
Receipts.
Earnings. Rentals, Ac.

1874-5...

.

.

1873^...

...

1872-3...
1871 2...

...
..

$17,677,746
18,r>98,899
a0,l'12,607
18,.371,888

$4,995,616
5,o;i5,161

6 371,965
5,777,38.3

(V. 90, p. 288; V. 20, p. 61, 85,
595 ; V. 21 n.3<l. 63. 137, 159, 186,
393, 44!, 591, 612; V. 22. p. 41.
37.5, 423, 447, 487, 531, 545, 690;
.

134, 18J, S07, 233.)

$0,351,781
5,021,085
3,42.5,280
2,:)89,445

1411.451, 477. ESI, .570.
207, 230. 277, 302. 371,
42. 1.58, 2.3.3, 281, .30.5,
V. 83, p. 15, 63, 104,

—

RAILROAD STOCKS AND BONDS.

Septemlier £0, 1876.]
Sabacrlbera

ivlll

)

...

;

Avar by kItIdx Immediate

confer a great

desckh'tion.

Date

Size, or

of

Par

Bonds

Value.

1870
1874
1873

$1,000

MllCH

For ojcplanation
at

tlio

of
of colniuu heiKlliifCH, &c., eeo note8
Roud.
heiiul of ttrst puKO of tables.

xlz

notice of m.aj error discovered la these Tables.

Outstanding

l8t cormollilatcd iiiortK.w, KOld (f<)i-$:iO,0OO,0O0)

New

4.'>"J

—

Srie it ruinliurf/ Stock
1st inortKiiKo, couvtiiilblo Into connolld. mort

2d

be
58
49

&

let mortKaRo, st^rliii);. on N. Brunswiek road
Evanse.
Crawford ne.—lttX in., Kv. & 111., 8. f
l8t mort., sinking fund (EvansvlUe to Torre H,)
Roekvlllo extension
EvanrriUe., Terre Haute <t Chic.— lat iiiort., gold

.

2d inortgaffc, gold
FitcMurg—Htork

1st mort., land fcraiit ii^H.CMK) acres, Hd div
Flint & Uolly Kit. (siuk'B fund $2.^,000 per year).
Bay City, E. Siiginaw, Ist mort., K"ar by lessees.
Bay County, issued In aid, guar by lessees
ConHtructloii bonds
Holly, Wayne ,k Monroe, 1st mort., sinking fund.
Flushing, Northjihore tfi CV«(.— Ist mort. (Fl. & N. 8.)
2d mortgage (Kl. & N. S.)
Central of Ij. I., 1st mortgage
,

do
do Extension 1st niortgiige....
Fontla, Johnstown i£ Gloeersoille—lHt mortgaKO
Fort Waifne, Jackson <£ .S'oj/innw— Ist mort., coup.
2d mortgage
Framinf/lMm iC iMwell—lat niortgiige bonds
Oalmston, llarrisb.Ji San A nlonio—1 st mort, gold
Qalcestun, Houston it Hend. of 1871— Ist mort
it

Oeoriiia liailroad

Athentf
<£

500 Ac,
£200

10
100
100

.

— Ist

mort.,

s. f.,

10!)

109
•2(i
.

82

.

50
35
232

gold

Bankiny Co.—Stock

Bonds, not mort.gago
Qilman, Clinton it Springfleid-lHtmoTt,, gold
iio
2d mortgage, gold
110
Grand Rapids it Indiana Stock
335
1st mort., laud grant, gold (guar, by Pa. RR)
335
Ist mort., liuid grant, gold, not guiuanteed
335
Income mortgage bonds, for $10,000,000
335
Qremd Trunk (C'«K«rfrt)— Consolidated stock
1,377
New stock for £10,000,000
Debenture stock for £3,000,000 (act of 187-1) ....
Canadian debentures
Equiimicnt mort., 1st on all rolling stock
do
do
2d
do
Postal bonds. &c., secured by gov't business
1st pref. bonds, conv. iuto 1st pref stock
2d
do
do
2d
do
3d
conv
do

—

1,000
.500 &0.

500 &c,
500
1,000

.'5

1,600

18(V9

1,000
1,000

.

Oulf, Western Tixas

it:

I'acijic—lfitmoTtf^age

it St.

..

Erie A Piltnljwg.—heiM'cCi in perpetuity to the
Pennsylvania liailroad and transforn'd to Pcnn. Co.
the terms guarantee T per cent per annum on stock
and debt. Net earnings, 1876, $32»,787. V. 80, p.

42

S.)

—

Defaulted in
North American.
1875. A very complete statement of debt, inclnding bond* pledged for loans, in V. 21, p. 31.5. Interest is paid on Ist mortgage and Bangor & P. (V. SO,
p 815; V. ai, p. 15, -m, 315, 318, 3U5, 418; V. 31, p.

European

<ft

874; V.23. p. 63, S56.)
Evanmlle ifc (7'a!cA)r<fsri/te— Common stock. Is
*1 ,(M4.4(X);_preferrcd, iflOO.OOO. Net earnings 1874-5,
$ 41.428. 'The company has paid interest regularly,
bat no dividends. (V. 21. p. 488.)
SvaruiviSc. Ttrre Haute £ Chicago.— In IStiSttet
oartlngs were $111,089. (V. 21, p. 136.)
Vermont & Massachns'-tts.
if. (cWur(/.— Leases
Net famines 18r4-5, $391,021; dividends, 8 per cent

some years. (V. 21, p. 29, 690.)
Mint <fc Pere Marquette.— Qtosa earnings
%l 05.%0'.3; net earnings, (;.'i58,'t98. The lands
for

lands vet unsold, 348,502 acres. Coupors on cousol.
bonds p»-.»cd Nov., 1875, and part were funded. (V.
20, p. 1^8. .'193; V. 21, p. 488, 531; V. 22, p. S68;
V. S3, p. 169.)
TT'/iiingi. Norlhfhtrre <ft Central.— K consolidation
Sk i874 of seven companies. Operates Southern of L.
There are in addition to above, <25.')ii0 N. Y.
I.
&, Fleshing RR. 7b; tl4».u00 North Shore 7s; and
»93,000 Whitestonc & WcsteheBter "s. (V. 20, p.

Fonda, Johnstown

<t

J8ri-3, $45,957.

(V.

19. p.

365; V. 20, p.

591; V.

23,

<fe

&
&
&
&
&

A.
A.
A.

do
do

do
do

7

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

Newai'k, N.

8.
J.
J.

do
N.Y.,Mech., Nat. Bank. Jan.

J.,

&

J.
J.
J.
J.

8av. Ins.

New York,

Nat. Bk.

May

do
do
do

Mar.

May

J.
J.

N. Y., St. Nieh. Nat. B'k.
N. Y., Farm's. L.& T. Co.

O.
O.
O.

Boston, OBlce.

July
July

do

do
do

& London.
N. Y., F.P.James & Co

J.
J. N. Y., Mctrop. Nat. B'k
J. Augusta.Oa., RR. Bank
do
do
J.

1901.
1889-

1,
1,
1,
1,

.1902

1891

1910

Sept.,

Jan.,

N. Y., Winslow, L.

J.

do

O.

1,000

1867

& Co.

6g

A.

6

J.

&
&

Various. P.

<fc

g.

'i^
5 g

4g-

J.
J.
J.

1>4
21a

A.
A.

5
6

J.
J.

5io
5>2

A.
A.

6
7

J.

7g.

&
&
&
&
&
&
&
&
&
&

J.

8

M.

3

,F.

10

I.T.

6

—

18'>.)

Framinciham

<fc Lowell. -Leased to Boston, ClinFitchhurg; has also $150,000 8 per cent bonde.

&

&

Oalveston, Harrisburg
San Antoriio.—ln progNet earnings lt74-6, $310,-374. (V. 23, p. 375

ress.

Oalceslon, Houston <fc Hender$on.—'Set earnings
(V. 2J, p. 315.)

Oeneva, Ithaca it: Athens. —Consolidation in 1.874 of
Geneva*; Ithaca and Ithaca £ Athens. In Receiver's
hands, April, 1875. Sold Sept. 3, 1876. (Sec V. 23,
p. 2j(i, 304.)

Georgia Railroad <fc Banking Company —The annual report for the last fiscal year, ending April 1,
1876, was pnbhslied in V. 3i, j). 469.
A comparative statement for tlirije years was as follows:
1873-4.

1874-5.
$l,2St,!i07

1875-6.

$1,191,334
611,677
562,646

OperafgcsiK-nses.
Net earnings
In May, 1875, this company, with the Central Georgia,
purchase*! at foreclosure sale tlie Western Railroad
of Alabama. (V. 19, p. 347; V. 21, p. 895.)
88',4.^
684,334

Oilman,

Clintondefaulted in 1874,
404.
570.
613;
20, p.

375,614; V.

23,

if-

836,097
453,809

Springfield.

—This

and was sold June

V.
p.86)

J.

London, at Co.'s OlHeo,
do
do
do
do
do
do
do
do
do
do

O.
J.

A.
J.
J.
J.

London & Montreal,
do
do
London Joint Stock B'k.
do
do
do
do
do
do

O.
O.
J.
J.

O.
O.

do
do
Columbia, Co.'s OfUce.

D.

April,
Jan.,

21,

p.

39, 63,

(V.

110; V. 23, p.

April,
April.

'

1874

1874

Perpetual.
July, 1876

1877
1878
Dec, 1890
Oct..
Oct.,

1881 to 188ft

do

1908

J.

Jan.

J.

Aug., 1870
1884- 1887
April 1, 1881
Mar., 1885

N. Y., B'k. No. America,

do
do
do
do

do
do
do
do

O.
8.

A.
J.
J.
J.

Phila., Co.'s Office,

do

do

1,

Jan.,
Jan.,

July
July

1,
1,

1802
1892
1876
1883

on the CE
$1(80,000 are "Ex. Land Grant
tire iiuid grant.
Bonds." being a part of the orignal $4,000,^00 nnguaranteed bonds, which liave from time to time
been redeemed by the operations of the finking
fund. When the land certificate is detached they
are no longer a lien on the land, but, by the terms of
the trust deed, remain a fl sr mortgage on the whole
Imo and appurtenances. No. 4,001 to 8.000. Co«»
pons April and October. Annual report, V. 23, p.

510.

(V. 21, p. 110, 534.)

Grand Trunk (Canada).—These

figures represent

Gross earnings in half year ending
sterling.
1876, il.OSS.SS"; expenses, £818,408; netearcReport in V. 23, p. 445. (V. 81, p.
ines, £305,4.10.
440; V. 23, p. 134, 159.)

pounds
Jan.

1,

Great Westei-n {Canada).— These flgvres are given
pounds sterling. Company leases several roads in
Ibti'^ miles, and the Detroit
& Jlilwaukce, 189 miles. For the half year ending
Jan. 31, 1876, tho gross receipts were £436,087;
working expenses, £313,641; net earnings, £93,54.1.
Reportin Vi»3.p. 448. (V. 21, p. 442, 640; V.
In

Canada, amounting to

2:1,

p. ISl, 159.)

Greenville <6 CWu;nAi<j.—This company defanlted
several years since, but compromised with its bonu(See Chronicle, V. 16. p. 220; V. 17, y.
holders.
460, 752;

Oulf,

V.

20, p.

18"4-.6, $,'iO.OOO.

p.

428;

568;

V.

V.

22, p. llu.)

Pacific.— ^let earning*^
Overdue coupons, $212,560. (V. SO,

Western Texas

HfinntbiU

change, in January, 1875, as follows: ^4.000,0.10
are " Oanrant,^ed Bonds." Principtl and interest
gurtrantced by the Pennsylvania Rtilroad Company, and are also a lien upon the land grant.
No. 1 to 4.0 .0.
Unguaranteed
$3,030,000 are
secured by
Bonds," which are
the
same

1877
1930

Penietual.
IiTedeemable.
IiTedeemable.
Irredeemable.

mortgage as the guaranteed bonds

company

8. 1876.

&
&
&
&
&
&
&

|J-

1874, $255,376.

Tot. gr. carng's... $1,571,785

&,

A.

3H

700,000

18.53

J.

6
7

Fort Wai/ne, Afuncie d
Cincinnati. Receiver
appointed Nov mber, 1874. (V. 19, p. 602, 528, 583:

16, p. 188.)

1900
1892

189»
1899

do

"7"

l,20{>,0CMt
1,182,.5.50

50

ton

1903
1000
1889

July 1, 1902
JiUy 1, 1890
Jan. 15, 1876
yearly to 1890

New York and London

8.
J.

1,
1,

Oct., 1881
Oct., 1889
April, 189ft.

Bost.

do

1,386,000
9,167,700
5,087,224
3,000,000
109,000
4,000,000
500,000

100
100

(V.

1882
iseo
1898
1890
1889

May, 1902
1, 1887
188&
May 1, 1888
July 1, 1882
Sept. U 1887
Jan. 1, 1876

1876

15
53
54
54

180^

Sept. 1,

J.

F.'&A.

&
&
&
M.&
8g. J. &
"7's- J. &
7g. A. &
I'-

Grand Rapids <ft Tndlana.—An official description
of bonds was given when they were put on
GtoperstiU^.— Net earnings the call of the New York York Stock
Ex-

Fori ^Vayne, .Tackson * 5a^inaif.— Traffic guarantee 40 per cent from Michigan Central. Interest was
passed January, 18!4. Gross earnings, 1874, $282,882;
net, $137,309.
P. 863.)

iioo
£100
£100
£100

1875,

are in

five trast; sales in 1875, 7,430 acres, for $84,&38;
total to Jan. 1, 187B 2S?,999 acres, for $3,143,%!;

382.)

*20l2

1863
1870

V. 20, p.

&
&
&

J.
J.

?&

2,327,808
7,160,910
£4,459,309
288,883
1,998,275
127,000
485,000
62,000
1,000.000
1,413,071
632,237

£100

1853-7

—

8

7

500,000
500,000
1,200,000
3,218.149

Various

Jrac/^A— Common stock
Preferred stock (7 p. c. yearly, not cumulative).
Missouri State loan
Land grant mortgage
Bonds 1870, eoMV(!rtil)le
Ist mortgage (Qnlncy ,& Palmyra KR)
Ist mortgage (Kansas City & Cam. RR.)
Harrisb., Portsm'th, Mt. Joy <t Latie. Stock
Ist mortKage

Hannibal

500,0(K)

J.

M. & N N.Y., Chatham
do
M. & N.
do
M.& 8
do
M. & N

7g.

500,000
1,700,000
1,493,000
600,000
4,200,000
514,500
2,000,000
1,000,000
2,800,000
4,000,000
4,000,000

N.Y., Mercli'nta'Ex.B'k.

M.

8
8

Oct.

N. Y., Meohau. Nat. B'k. Jan.

&

J.
J.

7
7
7
7
7

2,

April 1,

July

M.'&N.

J.

8
8

July

J.

M. & 8.
ii.& N.

10
10
10

3,111,.'>00

143
69
275
275

A.

Mar.

Jan. 1, 1903;
Sept. 10, 187«I-

£3,486,787
7,500,000
1,060,000

'i25

£100

1873
1875

350
350
350
145
143

..

J.

Sept. 1, 1920'

(1)

350

Bonds not guaranteed
New mortgage (for $2,.")0O,0OO)

4

7

8

500,000
1,800,000

3.50

Gre«ntitH« rfC'o/itmftia— Ist mort.,gnar.by State

F.

7

300,0(K)
1,.500,000

100 &c
100

A.
J.
J.

M.

"h

New York and

Boston.
Jan.
& J.
Mar.
1899& .8
New York.
<t O. Boston, Second N. Bank April
189»
lyondon.
July
1897
& J.
1887
& J. N.Y.,Farm,L'an & T.Co. Jan.
do
Nov.
1887
& N.
do
1880do
& A.
do
Aug.
190O
& N. N.Y.,Fann.L'an & T.Co. May
do
do
4 J.
Boston OtUoe.
July 1, 1878.
i J.
April 1, 1894
&0.
do

M.

7g. M.
7g. J.

1,000,000
200,000

1,600
1,000

495%
.

Debentures
Mortgage bonds, coupon
do
do
do
do
New bonds, coupon

7
7

500 &<:
500 &e
100 &e

1870
1872

7

««

800,000
400,000

1,000
1,000

D.

Q.-J.

J.
g.

6&

1,0<K).000

.tc,

.

Qreat Tre.?(e;'»(Crt)mrfa)— Common stock
Preferred per cent, convertible into common.

6

1,000

1,000

1869
1875

l.(KK),000

3,298,200
2,924,000
33,000
2,145,000
400,500
100,000
75,000
280,480

i',6()o

500

7
7
7

4,0(X),OOO
500,001)

1,000

1871
1869
1870
1872
1873
1870
1869
1871
1869
1871
1871
1873
1872
1870

7

92,.?00

616,000
147,000
775,000
325,000

1,000
1,000

100

«5
58

291,700
2,193,000
800,000

301 ,000

500 Ac,

1872
180B
1868
1868
1867

l!»i

2,000,0(K)

1,000
1,000

s.

&

When Dee.

Dividend.

Wlioiu.

London.
London.
do
Q.-M. N. Y., Union Tni«t Co.
do
do
J. & J.
do
do
A. & O.
do
do
J. & J.
A. &. O.
do
do
yi.il.

J.

2,000,000
814,000

100

17
13

2d mort. and equipment bonds, coupon
Fort Waifne, Muncieit C'»HC«ina(i— l8tmort.,gold...

Oeneoa, Ithaca

1,000

1874
233
233
60
190

i£-

g.

1,000

94

Bonds, I'diipons (.fl.OOO.OOO authorized)
I'ire Mar>iuette—Stock
Consolidated luort^aKe, siukins fund
l8t ra. on 20ni., 2d on 10; 1. ill: 1.5;i,(>(K1 ac., 2d d.

g.

7

100 &c,
100 Ac

1869
1869
1869
1867
1852
1854
1860
1870
1873

88
Dl
109
23
50
50

it:

7

10,000,000
1.998,400

.50

SlHi ]'802
Si's 1865
Si's 1868

inort^fajct', coiiviu'tible

.•(112,076,000
1I,I(K),0<K)

1,000

s-i'h

CoiiHolidiit^d mortgui^e free of State tax
K<|nl|>in<',iit hoiulH
Europ'n <t K.A m.— 1st M., Baii^'r to Wliiii.,BaiiK'r I'll
L.;iiid Kiaiit iHt moi-t. (-'d inoit. BaiiKor to Winn.).
Baii^>r
IMHcatatiuirt, llan^or loan, l8t inortK--.

FtiHt

,0(M)

1

pul.

Utocks—Latt

,r Payable

Cen

Erie RuUiony— {Continued)—
3(1 coiiSDliilaUMl iiu)rlKa«i', T) 'JO, (l'()r,fl(),(KH),000)
bonds (debi'iituri's) coiivi^rllblo till 18a;t..

Bom/»-Prlnoi-

INTEREST OR DIVIDENDS.
Amount

it

33, p. 256.)
<fr

St.

Joseph.— Ot the Missonri State lean

$1 ,.100,1100 was extended for 30 years. It is stated
that the Co. has f2.E'X\0Ci0 in land notes, and 9u,00O
acres yet unsold. A change in the directors took

place Nov., 1875.
1872.
113.)

No

report has been issued since
V. 22, p. 158, 338; V. 23. p.

(V. 21, p.443, 488;

Harrislmrit, PorismoulA, Mount Joy <ft Lancast-r.—
Leased to Pennsylvania Railroad, which owns •.

majority of the stock.

...

.

EAILROAD STOCKS AND BONDS.

XX

[Septem'e- 30,1876.

Subscrlbnra will conrer a great <avor by elvins Immediats notice ot any error diaoorered In these Tables.

DESCKIPTION.

Ban/. Prov.
,

—

f'isMMl—lHt mort. (R.

<t

261s 1853 $500&c.

120
120
74

,

iiiortKaso

Bonds of 1«09
Bonds of 1 873
Bouston

'.

100
100

1869
1873
1866
1870
1873
1872

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

58
58
58

18,54
18.57

500
500

1865

1,000

707

1851
1864
1875
1874
1875
1869
1870
1872
1876
1876

ioo
500 &c.

.•

343
118
47
461

Ttxas Coi/.— 1st M., (main) gold, l.gr.iS.f
Ist mort., West div. (Hcnipstcid to Austin)
l8t M., gold. Waco & N'wcst (Uicuioiid to Wnco). .
Conriol. iuort., 1. gr. (couimn, liiit may borcg'd).
Huntingdmi <t: Broad Tnp 1st molt., gold
2d mortgage, gold
3d mortgagii .tonaolidatcd
Scrip for past due coupons
JUinoit Central—Stock
<£•

—

Redemption, 1st and

series

"Jd

•General mortgage, sterling
Sterling bonds, (sinking fund $100,000 yearly)..

Mortgage,

storliiig

Indianapolis, lilaominglon

Tl'«s(.— 1st

rf-

202
202
217
85

mort., gold.

2d mortgage
lud.. Bloom., & W., Extension, 1st mort., gold
JndmH';)oii»7JM.rfSHr.— lstM.,gld(for$l,800,000)
2d mort., (income bonds only till July, 1881).,
Indianapolis, Oincinnati d La/aj/elte—StiKk
PrefeiTcd stock (issued for funifed debt bonds)
IndianapoUs <fc Cincinnati of 1858
Indianapolis, Cincinnati & Lafayette

do

174

Fundtd interest bonds, coupon
Equipment bonds, registered
Cincinnati & Indiana, 1st mortgage
2d niortgage, gnaranteed
ZHdianttpolis (C St Louis Ist mort., iu 3 series

20
20

—

71
71

2d mortgage
Ecjuipment bonds
IttdMtnupolis e£ Vincennea—lBt mortgage, guar...
2d mortgage, guaranteed

117
117
459
204
255

—

Intemaiioiutl J: Ureal Nort?iern Consol. stock
International, 1st mortgage, .gold
Houston »& Great Northern, 1st mortgage, gold
Int. & H. & U. N. convertil)le bonds
do
do
2d mort., (exch'ble for convert.)
loma Falls tC Sionx Ot(//— Stock
Ist mortgage, April 1 '(ii)
Iron ilountain, Chester iC K. l.st niortgage, gold...
facksoHP., J'ens.d: Mob. Florida State bonds, gold.
fefferson (I'n.) 1st & 2d niorts. (Ilawley liraiicli).
,

,

—

mortgage (.Susquelianua to Carbondale)
Heffersuittille, Madison tt Indianapolis —Stock
Indianapolis & MadLson, 1st mortgage
Jeffer.sonville, Madison A: Ind., 1st niortga.ge
L'd mortgage
do
do

l'870

9

1807
1809

Cmmcil Bluffs—S,tot•^i...
^

do
convertible
do
Mo. Valley, 1st M. ($1,000,000 of it is gold)
Kansas City, St. Jo. & C. Bl., consol. mort.
New cousoUd.ated mortgage (for $8,000,000)

a
"
!

Cl

1

100

99

Hartford, Providence <fe FinhklU.—TMn road forms
tlic proposed line of the Boston, Hartford

4 Eric.

The bonds fell due Jan.. 18T(). but city ot
Providence declined payment and suit is pending.
(V. 2J, p. 87, 304.)

Hdusalonk.—ho.inic* Berkshire Railroad, Stock6rldge & Pittsflekl, and West Stockbridge. Gross
earnings in 1ST4-6 were JttSg.lXK); net, »222,173. The
mort. bond^ due )8T7 paid off Nov., '75.
(V. 2.', p

«32.)

Boustotiit Texas Centrat.—Qioes earnings in 1875-fi
Interest

were $3,lo8.s0>; net earniugs, $1,:«8.H0.
charge, 8S7S.OO0. Capital paid
20, p. 77, 140; V. ii, p. 328; V.

Broad Top.

in, $P,0Ji),00a.

(V..

83, p. 158.)

Capital stock

is $1,-

993,-i50.
$I65.'180.

Gross earnings in 1875 were t333,839; net,
Interest passed on 3d mortgage bonds.

(V. 82,

206.)

lUlyiois Cential.—K general mortgnse provides for
all the bonds now outst mding. It is limited to

$15,000,000. The Company holds among its assets,
W.Mi.OOO gcvun per cent bonds of the N. 0. St.
Louis *• Chicago RU. These Bonds are part of

tO.000,000 %yliich bear a purchasing agreement of
200,000 per year, but arc not guarautt'od by the III.
cut. Annual dividends for tliree years past have
been 8 per cent, and previously 10 per cent. The
following is a comiiarison for four years:
Gross
Net
Interest,

S

"

"

Earnings.
$7,KB,55«

Earnings.
67.1,081

$661,09'-i

7.900,7«t
8,268,325
8,028.754

2,775,302

413,1)10
.55^,437

288;

$2

8,5.W,89!)

2,10i,107

V.

21, p. 489;

&c.

557.48)

V.

28, p.

16,

Indianapolis, Btoomiiyiton A Western—V>f:fhn\t was
made July. 1K74, and attairs are yet unsettled.
Receiver's certificates issued to Aujf. I, '75, $30'i,00).
The Danville, Urbana. Bloomington A Pcliin is part
of this road
Plan of re-organization. V. 2;', p. ilO
<Vol.ao, p. (i'. w.'.: V. 21, i.. •44.>. 277, 34S, 395; V.
«, p. 16, 81, 110, 257, 375; V. 2i, p. «i, ItJ.)
first

18.53

9!)

« part of

1 10,

1,000

1871-2

Kenl Counlii, (Mrt.)—lst mortgage bonds.
Kenlueky Central— ^A mortgage
3d mortgage

61,

&c,

1,0(K)

673
100
245 1869
1,000
140 1865
1.000
253 1866
1,000
394 1865-7
34 1866
1,600
427 1866 100 &c
1870 2.50 &e
1871
1,000
561-2 1873
1,000
33 13 1873
1,000
34 1869 500 &e

mort..
do
do
do
Arkansas Valley, 1st mortga.ge, gold, guaranteed
June. C. & Fort K., Ist raort., gold, land gr., guar

-<V. 20, p.
2S6.)

500

1870
1873

o.=

2d land

1878

1,000
1,000

18()9
18f!8

iiO

262

1st M., 394th to 630th mile, I'd gr., 3,000,000 ac's
let mort., gold, coup., on 140 miles west Mo. Riv
let mort., gold. 1 40th to 393d mile
2d mort (to U. 8. (iov.) on 394ni. west Mo. lliver
1st mort., coup., (Leavenworth Briineli)
Income bonds, coupon, 3d mortgiige on 427 miles.
Ist land b'ds, cp, or reg., gold, on 2,000,000 acres

W72

1,000
1,000

1866
1867

Tlirce year notes

Tear.
18T5
1874

100
500 &e

1,000
1,000

265
52
78
78

1

Kansas J'aeifte—StocM

p.

1,(H)0

1,(K>0
rf-

'

1855

Amount
OutotaudJiig

$481 ,000
820,000
1,180,000
100,000
100,000
150,000
6,227,000
2,305,000
940,000
2,864,000
416,000
367,500
1,383,000
100,707
29,000,000
2,500,000
2,500,000
4,642,000
1,000,000
5,000,000

I

INTEREST OB DIVIDENDS.
When Where Payable and by
Cent.
Pay'blo
Whom.

Rate per

1,4.50,000

5,500,000
3.264,000
4,084,000
3,116,000
1,843,000
4,625,000
2.960,000
660,000

300,000
2,000,000
1,994,500
397,000
2,439,000
2,000,000
250,000
300,000
800,000
500,000
300,000
2,789,413
500,000
1.400,000
539,500
2,500,000
887,000
948,000
305,000
10,000,000
6,404,000
2,240,000
4,003,000
6,303,000
OOO.CKX)
4,275,3.50

1,706,250
1,500,000
1,125,000

1,000
1,000

600,000
400,000
844,000
237,000

7

&

&
&
&
&
&
&
&

g.

7g.

J.

8

A.
A.

7

Am. Nat.

B'k.

A7oct«— Laat
Dividend.
Jan. 1, 1876

Bridgeport & Boston. Oct. 10 1876
A. Bridgeport and Boston,
1885

do

7g.
7g.

F.

7

A.

4

F.
A.

6&7
6

&
&
&
&
&
&
&
&

A.

il:

<fe

J.

A.

I'7g.
?«•

J.
J.
J.

J.
J.

A.
J.

du

N. Y. Nat'l. City Bank.
,

do
do
do

O.
O.
A.
O.

do
do'

do

Philadelphia, Office.

do
do
do

& A.

6g. A.

do
do
do

N. Y., Co.'a Office.
O.
N. Y., Co.'s Office.
London.
O.
O. I.«ndon,Morton R.<& Co.
D.
do
do
O. N. Y., Tumor Brothers.

do
do

J,
J,

O,

New

do
do

York, Co.'s

do

J,

Office,

do

1889
18f3
1, 1891
1, 1891
1, 1903
Oct. 1, 1912
Oct. 1. 1890
Feb. 1, 189S
April 1, 1895

July
July
July

1876
1890
1895
1903
1905
Oct., 1909
Oct., 1890
1912
Jan. 1, 1906
July 1, 1906
Aug.

April
April
April
Deo.

1,
1,
1,
1,
1,

& O, N. Y., Amer. Ex. Bank, April, 1888
Feb., 1897
& A.
do
do
& D.
do
June, 1899
do
M. & S.
do
Sept. '78 •80,'83
do
M. & 8
do
Sept. 1, 1883
do
do
do
Dee., 1892
J. & D.
J. & J
do
do
Jan. '77, •82, '87
Various N. Y., Winslow,
7
& Co. July 1, 1919
A. & O
do
do
Oct, 1, 1900
7
do
July 1, 1881
J. & J.
do
8
F. & A. N. Y., Fai-m. L. & T. Co.
1903
7
M. & N,
do
do
1900
6
7g. A.& O. N. Y., National aty B'k April 1, 1911
do
do
Jan. 1, 1900
7g. J. & J.
Aug. 1, 1892
F. & A.
do
do
8
F.
&
A.
Feb., L904
do
8
11^
Q.-M
Sept. 1 1876
A.
Aju-il
&
N.
Y
rat.
Park
Bank.
O.
1, 1899
7
M. & N.
May, 1901
?(ew
York.
1900
J. & J.
Ilonesdale Nat. Bank.
1887 & 1889
J. & J.
7
1889
J. & J. N. \'., by Erie Railroad, Jan. 1
7
1»4
Q.-F. N. Y., Farm. L. &. T. Co. Aug. 1, 1876
M. & N.
do
do
May 1 1881
7
Oct. 1 1906
A. & O,
do
do
7
July 1 1910
do
do
J. & J.
7
19 L3
7 g. J. & J.
M. & N
New York.
May 1, 1912
7
J. &, J. N. Y'., Fann.
& T. Co, July 1 1874
8
July 1 1882
Philatielphia Office.
J. & J.
6
April 1 1900
do
do
A. & O
6
"7"
J. & J New York and Boston, Jan. 1, 1880
do
do
Sept. 1, 1892
M. & 8.
10
do
do
June 1, 1874
J. & D,
8
7&7g. V. & A, N. Y., Fann. L. & T. Co. Aug. 1, 1893
do
Sept. 1, 1890
M. & 8
do
8
Feb. 1, 1898
F. & A,
Boston.
8
7
7
7
7
10
7
7

A.
F.

J.

I,.

•.'0

.

I>.

Oct.toJ'ne,74-5

13
'

& N. N. Y'., Lond. & Frankf t. May 1 1899
1895
F. & A. N. Y'., Bk of Commerce. Aug. 1
gdo
do
June 1 1896
J.
& I).
g.
1895 to '97
Payable I2 l>y transportation.
6
M. & N. N. Y., Bk of Commerce. Jan. 1 1896
7
July 1 1916
do
do
M. & S.
7
July 1 1880
&. J. N. Y., Lond. & Frankf
J.
7g.
New York.
Sept.,,1886
7 g. M. & S.
Y'ork
New
&
Frankfort.
April 1 1903
A.
&
O.
7 g.
New York.
April 1 1903
7 g. A. & O.
1889
J. & J. Phila., Corn Exeh. Bank Jan. 1
6
March ,1883
m:. & S. N. Y., Bank of America.
7

V'g.

M.

<i

,

,

,

t.

,

,

,

,

7

InManai>olls, Decatur & Si>rin(j/lelrl—T\m embraces the former Indiana & Illinois Central. The
second mortgage is isf^ued to holders of old I.<Sr, I.C
firsts, and till July, 1S3I, interest is payable out of
net earnings only, if sufficient. The remaloing 67
miles to Indianapolis is in progress.

Indnnapo'M- 16 St. Louis.— Tha stock, f60r),00,'l, is
owned by Pennsylvania Co. and C. C. C. & I. This
company forms part of the Pennsylvani h system, and
leases the St. Lonis, Alton & Terre Haute. (V. 21,
p. 395.)

by Pcnn.

Co through stock ownership, and interest is guaranteed by ?enn. Railroad.
Net earnings in 1375
,

(V. 80, p.

F.

J.
J.

183.)

$33,708.

Hartford,

6

Indianajiolii, Cinclnnali cE Lafa\ieUe.—T)\« comrc-organtzc'l in 1873; but with a heavy
debt defanltfd July, 1878. Gross earnings, 1875-6.
tl,li37,WI; net, $717,6!l7. (V. 20. p. 162. 357; V. 21,
p. SOT, 277, 461, 465; V. 22, p. 357; V. 2!, p. 118, 135,

were

J.

i?o?irfs— Prinol
pal, Wlicn Due.

Q.-J.

pany was

I/idi'inapolis ti Vineei^nes.-lfi controlled

&

J.

2

1,5CK),000

5,500.000
38,000
2.667,000
5,668,967
1,200,000
1,600,000
2,800,000
1,701,000
469,100
375,000
500,000
1,497,000
2,000,000
1,000,000
500,000
1,700.000

4,v)00,000

1,000

1862
1866
1870
1S73
1872

38
12
41

Ist mortgage. Council BluB's & St JosephJoseph it Council Bluffs, Ist mortgage-.,

it

1,000
1,000

100
500 &c,

1869

l.SO

St.

Buntingdon

1.50 &c,

500 Ac,

1,600
1,000
1,000
1,000

184
41

—

2d mortgage
Kansas Oitji, SI. Joseph

1,000
1,000

1871
1872
1872
1874

250

Jersey Citii d- /l/6aiii/— Ist mortgage, gold
KIdgelleld Park, (N. J.,) 1st mortgage
/oliel (C- \ortheini Indiana 1st mortgage
funeiion, rhiladelphia— 1st mortgage

50
100
500 &c,

1,000

38
220
86
1 59

1st

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

500 &c,

459

—

—

£200
£200
£200

1875
1858
1867
1869
1873
1873
1802
1867
1869
1870
1871

90
li>4

do

d*)

Size or

of
of
par
Road. Bondf Value.

I.)

ELouaatonic Stock
Prcf emirt stock

2d

Date

Miles

licadlugs, Ac, soe notes
at tbc licad of tli'Kt page or tablua.

For explanation of column

426.)

InlernatUmal c6 Great Xorthern ( Texas).— TMs 'e a
consolidation of the International and the Houston
Great Northern. Interest passed and fundin r progressing.
The company had an issue ot Texas
bonds granted it, but the grant was repealed and
land given instead. (V. 20. p. 136, 8^1, 313, 383; annual report, V. il, p 39S )
Iowa F,Uls ct; Siotix CUii—lie&SKCL to Illinois Central at 35 per c,'nt. on earnings. Quarterly dividend
la per cent, June 1, 1876, on $4,6J5,000 stock.
Iron .Mountain, Chester <fi.£'a«<«ra.— This was formerly the Chester
Tamaroa. Bonds arc in default since 1873, and a receiver has been appointed.

&

(Vol. 19, p. 620; V..2J, p. 614.)
Jacksonville, Pensicola <& Mobil/.— This road ia
mortgaged for a like amount of Florida State lionds,
and IS held by the state's agent. (V. 19. p. 629; V.
2l,p.5Jl; V. 33, p. 158; V.2!, p. 6.3, 268.)
./(»(f«r«on. —Leased to the Erie Railway Company,
which pays interest on the bonds. (V. 11, p. 628.)

J.

(fe

do

D.

June 1885

do

JefersoHVil'e, ifadlsox cS /n(fiona;)0^i«.—Leased In
St Louis Railroad
1871 to Pittsburgh, Cinciimati
for interest and sinking fund of bonds and 7 per
cent, a year on stock. Lea.se transferred December,
187'2, to Pennsylvania Company.
In 1875, net earnings were t4li8,'381. (V. 80, p. 426.)

&

Jersey/ City 16 A«ia'>?/.— Road was in progress, but
Bondiioldwa held
in panic of 1873.
(V. 19, p. 385; V. 21. p. 613.)

was stopped
off.

&

Joliet
Northern In'liina.—ii\c'n. Central offered
to extend with a 6 per cent, bond but court decided
that total rent must be applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85,
140, 429; V. 21, p. 110; V. il, p. t67.)

Junction{Phtl.^—Oyintt\ by connecting companlea.
Cost of road $898,321; paid-upstock, $185,000.

Kansas City, St. Joseph <t Council Blvff'—\n addition to these, there are also funding bonds of about
$040,000 in different issues. Annual ri-port for 1875
in V. 22. p. 4"5. Gross earnings in 1875, *1,362,706;
net, 8351,869. St'ck. $2,776,il00. Interest defaidted
Sept., 1873. (V. 80, p. 475; V. 88, p. 233, 49j.)
Pacific.— In 1875 net earnings were
against $1,535,761 in 1^74.
Th^; land
two trusts, 2,(00,000 acres in the first,
grant is
from the 1st to the 38)th mile, and 3.000,000 acres in
the second, from 3^tli milj westward. Interest on
income bonds is pavable in lands or cash, only out
of net earnings. 'The company now pay* half the
current interest on its bonds, (except the incomes).
An inportant sett'ement with [Juioh Pacific made in
May, 187!). See annual report, V. 8«, p. 38. (V.
20, p. 8, 8.5. 4-(l, 601, 544; V. 21, p. 252, 466, 613; V.

Kansas

$1.5"J,KS0,

m

82, p. 045;

V.

23, p.

38,80.)

Kent Co.— This road was completed
defaulted in 1873.

&

No

in 1872, but

recent information received.

Kenl.tieky Central.—TWb was formerly Covington
Lexington. (V. 20, p. 500; V.81, p. 39.)

:

8 pt.mber

.

RAILROAD STOCKS AND BOWDS

SO, 1876.]

knbsoiibers

confer a sreat favor by kItIdk Immediate notice of an^ e^ror dlneoTered In theae Tables.

vrlll

DESCRIPTION.

Miles

Sato

Amount
When Where Parable, and by
i>or
OutstamUng Rato
Value,
Cent.
Payable
Whom,
Par

hcadinapn, &e., goo uotes
of
of
at tliu liuud of UrHt page oi tables.
Road, Bonds.

Keokuk <t Dea i/oiHCg—lHt mortgage
Funded intei'cut bonds
Knox Lincoln— \iit niort;?.i;;o
Lake Krie <t Ijouineille—Ul niort. ($1,100,000)..

102

1874 $100&c,
1874 100 &c.

tit

50

Jjake ShoretC Michigan .S'ohWktk—Stoek
1181
Quoi'nutecd 10 pur cent stock
CouHul. 1st luui't., (sink, fund, 1 per oont) coupon,
do
reKlstered
do
do
2d mortgaso, do. (for Jti'J.I.OOO.OOO) coup, anil rog
801
Income bonds (s. f. $(i()0,000 i)i;r yr.) conp. or TCg.
Mortgafje bonds of Oct., ISOS), sinking fund
801
Ist mortgage, sinking fund, M. H. <fc N. I
451
451
2d mortgage, I\Iiclilgan Soutlioru
95
2d mortgage (C, P. & A. KK.) registered bonds.

mi

3d mortgage
do
Lake shore <llvidond bonds, April, 180!)
1st mort gage (C. & Tol. RU.) sinking fund
2d murtgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft tt Three River. Ist niortgagti
Kalamazoo & Schoolcraft, 1st mortgage
Kaliimazoo, Allegan it. (ir. Rapids, 1st mortgage,
do
<fe

do
stock, 6 per
Franklin, Ist mortgage

do

do

lid

Lake Superior <* 3f jsk— 1st
Income mortgage bonds
Xawrf MM— Stock

ct.

95
258
loy
162
88
88
88
37
12
13
58

mortgage
Leaven., Law. d Ou/r.— Ist mort., l.gr. ,s.f., conv
Kansas C. & Santa Fe, Ist mort., guar
Southeni Kansas. 1st mort., guar
liChigh (£ Lackawanna — 1st mortgage
Le/iigh Vatli-y—Stock, common and pref
1st mortgage, coupon and registered
2d mortgages registered
Gen. mort., gold, $ A £ (s. fd. 1 p.o. y'ly) coup. & rog.
Delano Land Company bonds, endorsed
Leufisburf/ Centre

1st

<C-

Spruce Creek

Miam i— Stock, common

17
145
33
10
15
202
171
200

— lat mortgage...

19
141
81

mortgage

8tre<;t connection l)onds
LiUle Hock <£ Fori A'/jii/A— New stock

i23
123
70

1st M., Id gr't(7.")(),000aes)8.fund (for $3,000,000)
LiUle W)ck, J'ine Bluff (t ,V. O.— Ist mortgage

LilUe

Sell itylkill—Stuck

31
31
92
158
95
4
10
19
175

Ist niortg.ige, sinking fund
Logansp'l, Crawfordse. it S. W. of /jtrf.— 1st mort., g.

Long Island— Stock
Ist mortgage,

main extension and G.

Newtown & Flushing

New York

\-

C.

Branch..

Koekawjij'

Smitbtown & Port .Ietfer.son

—

LouismllCy Cincinnati <£ Lexington Stock
Preferred !) per cent stock
Bonds to State Kentucky (perpetual loan)
Louisville loan (to Louisv. and Frankft)
Louisville, Cincinnati & Ixjxington, 1st mort

do

do

do

2d

65
175
175
605

do

Lotiismlle <t Xctshville— Stock
Louisville loan
l«banon branch, Loidsville loan
Lebanon bi-aneh. 1st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for .$8,000,000

392

2d mortgage, boud.'i, gold
Memphis & Ohio, 1st mort., sterling, guar
Memphis Clarksvillo I>r., Ist mort., sterling
Louiscille, J'aducah rf S. IT.— Ist mort
LykenH Valleg— Stock
Macon <£ Sugnsla—lMt mortgage

130
83
185
20
77
77

tfe

2d mort., endorsed by Georgia Railroad
Macon t£ lirunswiek — 1st mort.. State eudors
2d mortgage
Equiinnont bonds
Madison <t Fortgage—lat mort., gold

were

J;V4l,3ii9; net,

In year
$826,838.

ltt75-(>

"39

gross earnings

(V. 20, p.

520; V.

»2,

688.)

p.

Knox

Lincoln.— AaaaB\ report, V. 33, p. 304.
Lake Brie t6 LoulsniUe.—Thi^i road was a rcorganizatl'>n, and has been financially embarra^Hcd. There
is a second mortgage of $5'.)0.000.
See V. 19, p. 36B.
Lake Shore <e ifiehigan S()u<A«ra.— The annual report for 18T5 was pnblishea in the Chboniole,
V. 22, p. 4il, and balance sheet 447. Later
report to -lune .3(1, 18"li. V. M, p. lai.
The following shows a summary of the Ugures for each of
the calendar years named
dJ

I8~5.
1,175

1871.
1,175

187:1.

Miles
1,175
Gross earnings.. $14,431,198 $17,1*),13D $19,414,5
Operat'g exp es. 10,,w;,5iW
11,152,:1?1
13,746,WS
Notearidngs....
3,90a,B9?
5,993,759
5,867.910

Stock
5ii,oooooo
5n,ojo,ooo
50,0011,000
Total debt
37,774,i;O0
38.035,000
38..37.3,42l
Company's stntement of earnm<:s for first half
of 187*5, on which the dividend was aeclircd, showcU

—

enrplns over interest of

Jl.oa'i.OOU.

(V. 19 p. 345; V.ao, p. Itl. 85, 140,
»J,418; V. -J'., p. .3), 351.1

(Sue V. S3,

461

;

V.

p. 31)
21, p. 9,

&

ifi^itH^sippt. —VormcT\y leased to
Land grant. 1.6 '2,000 acres. Fore2J. p. 111.
(V. 20. p. 86, 140, 3*1; V.
SI, p. 372, 570; V. 22, p. 213, 045; V. 23, p. 33.)

L<ike Superior
Pacific.

Northern
closure

pkm

V.

£a«>r«n«.— l,enscd to Pittsburg, Fort Wayne &
Chicago at 40 per cent on gross earnings. Lease
transferred to Pennsylvania Company. Net earnings, 1875, »84,n7. Sinking fund has $10,000 bonds.

0^20.

p.

42.'i.)

Lea' emmrtli, Lawrence dt fta/»*»ton.— Defaulted
Interest July, 1S7.3.
(V. 50, p. liO, 162, iW, 521;
V. 21, p. 137, 691: V. 2.3, p. 40.)
Veklgh <fc ia«*««)onna.— Operated by Central of
New Jersey as a coal road.
Lehig/t Fa^ey.— This company's earnings are
chiefly from anthracite coal,
'rbc gross income

on

100
100

40,4()6,5O0

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

1 ,443,000
3,886,000
9,105,000
3,395,000
1,198,000
5,250,000
2,682,000
1,000,000
1,000,000
1,442,000
1,595,000
849,000
200,000
300,000
2,850,000

533,500

500 &0
1,000
1,000
1,000
1,000

500

<Sec.

400,000
100,000
100,000
840,000
610,000
443,000
500,000
4,500,000

1,000
1,000

500 lite
500 &c
50

1865
1869
1870
1872

1,000
1,000
1,000

1868
1870
1873
1872

1.000
1.000
1,000
1,000

50

'

'

50

1853
1864

1,000
1.000

1875
1870

I'.fVoo

1,000

50

Ac

18.17

,500

1870

100 Ac
.50

500
500
500
500
50
100

1870
1873
1871
1871

1851
1867
1870

1,000
1,000
1,000

100
1856
1863
1803
1868

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

1871
1872
1870

£200
£200
1,000

1867
1869

1,000
1,000

100

IO7I2 67-'70 500 Ac.
1971a 1869 500 Ac.

Keokuk <ft Des J/bin«».— Formerly East. Div. of Des
Moines Valley. The stock is $l,.'>:i4,000 pref. and
$^,400,000 comraoi).

l',()o'o

1870
1870
1873
1872
1869
1855
1857
1859
1867
1869
1855
1866
1862
1860
186S
1869
1867
1867
1868
1863
1809
1869
1872

51
51

156

mort., gold, l.gr.,B.f

1 st

LiUle

1872

$2,300,000
258,720
2,395,000
1 ,002,000

guar.

mortgage

500

1870

1,000

1,500.000

450,000
344,000
5,000,000

720,000
160,000
300,000
27,092,297
5,000,000
6,000,000
11,129,000
1.797,000
1,545,000
4,608,000
1,500,000
525,000
5,000,000
1,900,000
750,000
2,646,100
723,500
1,500,000
3,300,000
1,.500,000
150,000
250,000
600,000
2,623,483
851,000
74,519
100,000
3,000,000
981,000
8,988,301
849,000
225,000
88,000
333,000
7,109,000
2,000,000
3,500,000
2,369,710
3,000,000
600,000
400,000
370,000
2,500,000
1,100,000
150,000
600,000

7

A.
A.

8
"7'

The company's

Net earnmgs

J.

7

A.

3

J.

7

,.

8g.
"7'

7
7
7

A

58.3,

20, n.

82;

report gives

V.

no

21, p. 4 8.)

lAtUe Rock, Pine Bluff <fr Kew Orleans.— So}i in
foreclosure Dec. 10, 1^75, for $35,000. V. 21, p.

m.\

61.3.

LUtle ScTtuylkiU.—hcaf^cd and operated by Philadelphia & Reading. Dividends, 7 per c nt.
Logansport, Cra/c/ordsvUte <fr S. W. of Ind. De-

—

The total liabilities. September
1875. reported at $4,097,000, of which *,32.',000 were
receiver's cerlillcatcs. (V. 20. p. 86,312,631,693;
V. 21, p. 3U'2, 618; V. 22, p. 63.)
iMng /s/anrf.-(lross earnings, 1874-5, $82.'',S.39;
not. 8ijH,50:). In January, 1S76. a sale of stock was
m-ide to Mr. Poppenhuseri, and this roid has since

cree of sale made.

leased the Flushiog No. Shore

A

April, 1901
Sept.,

1901

July, 1873

Louisville.

J

427.1

V.

do
do
do

A J N. Y., Bank of America,
do
do
A J
A O. N. Y., J. B. Alexander,
8
Louisville.
4
& A.
6
A O. N. Y., Droxel, M. A Co,
do
M. A N.
do
6
Louisville.
M. A N.
7
do
6
A. A O.
A. A O. N. Y., Drexel, M. A Co.
7
7g. M. A N.
J. A D. London, Baring Bros.
7
do
do
A A.
!' F.
New York.
M. A S.
Philadelphia.
213
Q.-F.
J. A J. N.Y'.,M.K. Jcsnp.P.ACo.
7
do
do
7
J. A J.
Various N.Y., M.K.Jesup.P.ACo.
7
do
do
A. A O.
7
A. A O.
7
New
York.
A.
A
O.
7g.

$3,387,973 S2,7N3,ii.33
•.i4..')0).447 27.i 92,297
10,K7S,O0O 16,8 J9,O0O 22, 129,000
1,831,613

617, 6.39;

Office.

do
do
do

6

LitOe Eockit Fort Smi/A.— Foreclosed Dec. 10, 1874.
Ke-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(V. 19, p.

A Schuyler,

N.Y., St. Nicholas N.Ek,

Jan;,'"i881
Jan., 1897

7

St. Louis,

fV. 20. p.

AN,
A N.
A O.
A 8

6

—

$831,0«9.

N. Y., Jones

June, 1869

tnnranteed by Penu. KK., lessees
assuming interest payment on bu'ids and 8 per cent
on stock.
Net earnings, 1675, (L. M. A O. A X )
nati

189S
1900
1876
1877
Aug., 1900
1873
July, 1890
May, 1903
1,

April,
July,
Oct.,

do

O.

4I3

156; V. 93, p. 1F3.-)
Miami. This company leases the Columbus
Xenia, and both are leased to Pittsburg, Cincin-

Little

July

Boston.
O, N. Y., Union Trust Co
Philadelphia Offlco.
J.

Company's
M.
M.

1894

Cincinnati.

J.

3

Anthracite.
(V. 20, p. 3 1 1 , 593; V. 22. p.

&

A
A
A
A

Q.— F.

M.

'W.Si^.+tli

Floatin;; debt

A.

A.

t2.82o,7li,'.

-'.

1904
1884

do

do

Various

6
"7'

A

Funded debt

New York OfUoe.

O.
O.

New York.
AprlY,'i892
A A, N. Y., Union Trust Co. Aug. 1, 1876
do
do
A A.
Aug. 1, 1870
July 1, 1900
7
J. & J.
7
Q.-J.
July 1, 1900
7
J. & D.
Deo. 1, 1903
7
A. & O.
Oct. 1, 1882
7
A. & O.
Oct. 1, 1879
pa
M. 4 N.
May, 1835
7
M. A N.
Nov. 1, 1877
7
.-If
Jan. 1, 1880
7
J. & J.
A O.
Oct. 1, 1893
7
April 1, 1890
A O.
7
July 1, 1885
7
A J.
AprUl, 1886
A O.
7
July 1, 1883
A J.
7
Sept. 1, 188S
7
A S.
April 1, 1898
7
A O
Jan. 1, 1890
J. A J.
7
July, 1887
J.
A
8
J,
July, 1887
J. A J.
8
July,
1838
8
J. A J
April 1, 1870
3
A. A O.
N
Y.,
Union
Trust
Jan.
J. A J.
Co."
1, 1897
7
do
do
June 1, 1894
J. A D.
7
Jan., 1899
7 g. J. A J. N. Y., Boston A Phlla,
do
A. A O.
do
Oct., 1902
10
2>«
Pittsburg Oflice.
July, 1878
Q
Aug., 1895
F. A A. N. Y., Wlnslow, L.ACo
7
July, 1899
10
J. A J. N. Y., Farm. L. A T. Co.
Boston OlHce.
May, 1890
M. A N
10
do
1892
8
Feb.. 1897
F. &A.
7
Phlladolpbia Office,
Oct. 16, 1876
Q.-J
2
June, 1898
J. A D. Reg.atoffleo, op.B'kN.A
6
Philadelphia OlHco.
Sept., 1910
7
M. A 8
do
do
1898 A 1923
««• J. A D
Phlladolpbia Office.
Jan., 1892
J. A J.
May 1, 1902
M. A N
7
Cincinnati.
June 10, 1876
Q.-M.
2
M. A N. N Y., Bank of America.
May, 1883
6

details of the construction account, nor of the
cost or value of its miscellaneous investments. The
.\mi)oy branch was comploLed June, 1875, and
$8,499,867 had been spent on it to December, 1875.
comparative statement for three years is as
foHows:
1874-.-.
1673-1.
1872-:l.
•Coal (tons) moved
4,150,fi(X) .3,277,.'.27
Gross earnings
$6,710,565 $rt,759,,'i91 $H,0I6,495
Operating expenses.. J,8S1,H«0 3.471,418 3,'262,8i)l

Capital stock

When Due.

S(»eA»— Last
Dividend.

F.
F.

5

all sources, in 1874-5, was $7,318,067;
net
$4,055,20^.
After interest and dividends, there
was a deficit in 1874-5 of $93,053, taken from

fund.

&
&

pal.

A.i"o,

2

from

reserve

iJoMrf«— I'rluol-

INTEREST OR DIVIDENDS.

Size, or

For explanation of columu

Tamestowu

zn

Central, and the So.

of L.

I

,

and

V.

1900

1880
Nov., 1880-'85
Oct, 15, 1 893

1898
1, 188«
Dec, 1901
Aug,, 1902
Mch. 1, 189*
Feb., 1876
1887
1879
1887 to 190O
1889
1879
Oct., 1890
April,

Nov.

operated together.

all .:re

135. !38, .375 417;
Lotji-TiUe, Cin.

April.

Aug. 1, 187S
1866 to 1887

(V. 2),

p.

23, p. 112.)

£«c.— There are

also $60,0'M)old
$371,000 8 per ct. raortg. bonds of 1872

bonds an 1
due Vjm, and
1>73 due 190-*.

<ft

$I,.532,6O0 7

The

per

ct.

mortg. bonds of

co;n])any defaulted on interest

1873-4. Sole in foreclosure noticed for Dec 4. 1S76.
(V. 19, p. a51 ; V. 20. p. 212, 383; V. 21, p. 277, 896; V.
22, p. 181, 352; V . 2:f. p. 16, 63. M5.)
Louisville, A'ew Albany <S St. Loui$ Air-IAne.—
This road is projected from Louisville t'^ St. Ix>nis«
and has '28 mile s built. To be sold ir forec'osnre.
(V. 20. p. 16, 357. 4.53; V. 21, p. P6; V. ?2, p. 3.8.)
LouisDiUe <fe XashvVle. - Annual ropo: t tor year
ending .lune 30 1875. in V. 21, p. 3C9. Gross earnings of miin stem and branches. *4..308,954, net,
$1,516,3! 8. General result was a deficit of $34,79S.
after iioying interest and all charges. Net earnings,
year ending June .to, 1876, $1,967,930, against 81.6f2,Decatur is leased, and
132 in lfc74-5. Nashville
liabilities for the South
North Alabama are
assumed. (V. 20, p. 16; V. 21, p. .157; V. S3, p.
279.)
Louisville, Paducah Jk S. IT.— Formerly EHiabethtown
Paducah, to which Louisville city
loaned $3,000,(00.
In September. 1874, interest
was passed. Sale in foreclosure took ntace Au{r>
24. 1876.
(X. 20. n 357, 405; V. 21, p. 823, 39S, 40);
2.3, p. 208, 232.)
V. 22, p 487;
Lykens Fafey.— Leased 10 Summit Branch Railroad at $62,500 per annum.

&

&

&

V

Macon <JE .4 «i7Wi(a.— Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,
1375-11, »lf8,0;iO;

net, S1I,,S.«.

(V. 2'. p.

157.)

Macon tt /Jrwnsu'ict.— This road being in defanlt.
was sold ,Iune2, 1875, and bought for the State;

offered again fc- sale or lease January, 18;6. The
Georgia Legislature declared fraudulent $HOO,006 of
the endorsed bonds issued in 1870. (V. 20. p. 4U5,
501. 5)1), 570, .VI3. «15; V. 22, p. 3 of advertisementg.)
Madison tt Portgage. Consolidated as Chicage
Superior. No bonds could be negotiated after
the "Potter taw." (V. «1 p. 16.)

A

—

. ..

RAILROAD STOCKS AND BONDS,

XXll
Subscribers

ivlll

Avor by eivlax Immediate

confer a sreat

[Stspt^mbe; 30, 1876.

auy error discovered In these Tables.

notice of

INTEREST OR DIVIDENDS.

DESCRIPTION.

Miles Date Size, or
Amount Rate per When
of
of
Par
For explanation of ooluran bcadinK9> &o,, see notes
Road. Bouds Value. Outstanding
Cent.
Payable
at the head of llrst page of tables.

Vaine 0«n(ra/—Stock

$100

357,

33
357

Maliio Ccutral iuterost scrip
1st mortKitj^c. coiisolidatea.
«.
Bouds ($1,100,000 loan) A. &. K. RR
Extension bonds, 1870, sold
Maine Centralloan for $1,100,000

1872

"72

Ist niort., extended
do
consolidated mortgage
do
P* Belfast & Moosehead, 1st mortgage
Manchester cC Lawrence — Stock
XansfleUl, CoUlwater A L. If.— 1 at mortgage
Mansfield <£ I-Yam ingham Ist mortgage
Marietta, rUljib. A Vtetelaiul—Ut M., $14,000 p.m.

1863
1865
1870

do
do

33
26
90
22
100
276

—

—

common

100
100
100
500 &0
100

1871
1869
1870

1,000

50
50
50

do

do
2d
1st mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
4th mortgage for $4,000,000
Scioto & Hocking Valley RB., 1st mortgage
Bait. Short Line, stock, 8 p. c. guar by M. & C.
do
do
1st mort., guar, by M. &C
Cincinnati & Baltimore RR., stock
do
1st mortgage
do
Marquette, H. it 0— 1st mort., I'd gr., M. & O., coup.
iBt mort., I'd gr., H. & O., coup
2d mort., land grant, M., H. & 0., coup
do
3d mort.,
do
do
Maryland d! Delaware— X&t mortgage
2d mortgage

Memphis

100

30
"50
44
94
109
54
54
291

C'Aarte«(on— stock

d-

Memphis

Little

<e

Jiock~lat mort.,

1.

gr

569
284
284
284
103
10

bond.s.

& South

.

I

Schuylkill

—

1872
1872
1865
1868
1870
1871
1869
1869
1870
1872

236
57
57
126
125
140
32
35
100

Haven — stock

Mineral Point ( Wis.) Ist mortgage
Mississippi, Ouachita <£ Red liiver Ist m., gold
Mississippi dk Tennessee 1st mortgage

—

—

1874
1870
1870
1866
1869

116
116

"it

<£-

<£

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

Consolidated bouds
»
•Tennessee State loan
Missouri, Kansas (G Texas— atocii
Preferred stock (for $7,000,000)
1st m., gold, sink, f mid, on road and land (U. P.S.Br)
1st mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land.
Hannibal & Central Jtissom'i, 1st mortgage

7

A.

1,100,000

6

F.

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

1,000
1,000
1,000
1,000
1.600
.50

&c

1,000

50
1868
1870
1856
1866

786

&
&
A. &
7
J. &
6
&
6
&
3
&
6
&
6
A. &
&
%' M.
M. &
7
A. &
7
J. &
7g. F. &

496,500
750,800
633,000
425,000
741,400
217,300
1,166,700
150,000
1,000,000
1,600,000
300,000
1,500,000
1,408,912
8,130,719
4,460,368
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
300,000
1,125,000
750,000
1,200,000
500,000
1,910,000
2,000,000
840,000
706,000
850,000
150,000
5,312,725
1,671,913
1,293,000
1,000,000
605,000

"s's.

3

1,000
1,000

Where Payable, and

Whom.

Dividend.

Portland.
O. Bost., Nat. B'k Com'rce. April 1, 1912
A. Best., N. Bk. Coimncrce 1890 to 1891

do

O.

do

JiUy, 1898
July, 1901
July, 1891
July 15, 1875

O.
do
April 1, 1883
O. Bost., Nat. B'k Com'rce. Oct. 1, 1895
N.
Belfast and Boston.
May 15, 1890N. Manchester and Boston
May 1, 1876
O.
Oct., 1911
J. Boston, Bost. Nat.Bank. July 1, 1889
A. N. Y., Wlnslow, L. & Co. Aug. 1, 1895

M.'&'S.
M. & 8.

Sept.Vi866
Sept.,

A. Bait., R. Garret A Sons. Aug.
A.
London.
Aug.
N. Bait., R. Garret & Sons, May

8

7

M

N.

7

F.
F.

4

.1.

7

.T.

M

4

A

*

.1.

*.
fi

8

•r.

8
8

.1.

1,
1,
1,
1,

1866
1891
1891
1896
1890

July
do
do
do
do
do
May 1, 1896
do
.7
July, 1876
do
do
I) Bait., Meroh. Nat. Bank Dec.
1, 1904
N
do
May, 1876
do
.)
Jan. 1, 1900
do
do
I> N. Y., Company's office,
June 1, 1892
.1
do
do
Julyl, 1891
A
Aug. 1, 1892
do
do
H
do
Sept. 1, 1903
do
N Bost., Bk. of Commerce, Nov. 1, 1885
D
Dec. 1, 1889
do
do
J.

&
A
A
F. A
10
M A
6
M A
6
J. A
6
J. A
N.Y., 3d National Bank
7
M. A N N.Y., K.T.Wilson A Co
7
J. A J
do
do
7
J. A J
do
do
10
M. A 8.
do
do
8
M. A iJ. N. Y., Swenson, P. A Co.
"is.
A J. New York and Boston.
8
A O.
Boston OlBce.
8
A O.
do
7
A N. N. Y^., Farm. L. A T. Co.
8
A J.
do
do
8
A N.
do
do
8
A O.
do
do
8
A N.
do
do
8
A N.
do
do
8
A J.
do
do
8
& 8.
do
do
A J.
do
do
& N.
do
do
A N. New York and Boston.
A J- N. Y., Farm. L. & T. Co.
A S.
do
do
A N.
do
do
A 8.
do
do
A J. N.Y.,Winslow, L. ACo.
A A, N. Y.. Turner Bros.
I'
A D, N.Y.,Merch. Exc. N.Bk.
A D. N. Y., S. S. Sands A Co,
A J Philadelphia, P. A R. Co,
u10
A J. Detroit, 1st Nat. Bank,
7g.
& J.
7
A O.
Memphis, Office,
8
A J.
do
7

1900

Oct.,

J.
do
do
J.
Portland.
J. Bost., Nat. B'k Com'rce.
J.
Portland, Me.

&
&
M. &
J. &

7g.

.J.

1,300,000
1,000,000
18,738,204
2,179,000

556,000
8,000,000
1,900,000
200,000
600,000
640,000
70,000
1,000,000
500,000
491,200
424,000
1,906,000
1,315,000
154.000
783,000
2,001,000
880,000
1,100,000
2,134,000
3,000,000
3,969,600
320,000
500,000
600,000
l,254,i500

100

B.

7

401,000

100

(

Hill

1872
1869

"39
39
94
94

Haven, Ist mort., guar
do
2d mort,, guar
Grand River Valley, 1st mort., guar
do
do
2d mort., guar
do
stock, guar
do
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)..
Jackson, Lansing & Saginaw 1st mort
1 SSi;
do
2d mort., con v. p,k,
mort.
(N.
of
Win.),
conv.
do
1st
g sw
do Cons. m. on whole line (300m.) J ° g S
Michigan Lake Shore— let mortgage
Midland Pacific — 1 st mortgage, gold
Milwaukee Northern— lui mortgage
Milwaukee, Lake Slu>re i£ ITestecn— 1st m., gold
do

1,000

1873
1873
1860

ib'i

—

Mine

1872
1871
1872
1873

291

2d mortgage
Michigan Central stock
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C. .

Equipment
Kalamazoo

1869

5I3

Tennesse loan
iBt mortgage, convertible
2d mortgage
Consolidated mortgage
Income bonds

6

1,680,.500

1870
1868
1871
1861

19
"38

Faruilngton Railroad loan
Audroscoffgin Railroad, Bath City loan
Portland cc Kennebec, stock
IiOods<S^

Marietta tfi Cineinnati Stock,
Stock, 1st preferred

lO'o'&c.

1860-1

$3,620,120
496,892

JSonrfg— Princiwhen due,
by 5toc7.«— Last
pal,

409,444
21,403,000

6

2,856,000
349,000
14,758,000
708,000
250,000
5,000,000
1,947,000

6g. J. A J.
7g. .T. A D,
Various
l^7 g. M. A N

May

1,

Jan.
Jan.

1,
1,

1880
1885
1913

1873 to '78

May

1,

1890

Jan.Vi873
Oct. 1, 1882
Oct. 1, 1882
May 1,1902
Jan. 1,1890
1890
April 1, 1883
Nov. 1, 1890
Nov. 1, 1890
July 1, 1886
July 1, 1879
JiUy, 1876
May 1,1902-3
1902
July 1, 1885
March 1, 1878
May 1, 1890
Sept. 1, 1891
1889
Aug., 1899
Deo., 1901
June 1, 1903
Jan., 1876
Jan. 1,1390
1890
April 1, 1876
Sept.l,'81to'93

i

182 1868
1,600
100 1870
1,000
786 1871-3 1,000
70 1870
1,000
70
161 1869
1,660
161 1870 500 &c.

.

do

do

2d mortgage

Missouri R., Fort Scott <t flity— Ist m. 1. gr. s.
2d mortgage, coupoa, may be registered

f

Maine Centr«l.—Thii Maine Central leases several
The report of the year's operations,
December 31, 1875, had the following:
for the year 1875 have been
*' The total earnings

"roads.

ending

$1,786,0;6 47; operating expenses, 81,147,066 82;
net earnings, f (ia9.009 65— sufficient to pay all oper-

ating expenses, interest, coupons and rents, and
small balance. In 1874 the total receipts
were $2,094,080 55. and operating expenses $1.^81,631 25.
Net, f812,399 30. Showing a diminution
this year, as compared with last, in groea receipts,
$308,001 08; in operatinz expenses of 81.34,(il4 43;
and in 'et receipts of $173,389 65.
" Of this rcductiou
our gross receipts the past
year, )t77,J22 56 was occasioned by the modification
of former contracts, for the purpose of producing
uniform and harmonious action between the Eastern

Vavca

m

and Boston
trust,

&

Maine roads, which will result, as we
to the benefit and in the general convenience

of our patrons who have occasion to io business
over the railroads west of Portland. The balance
of the diminution in our gross receipts, $230,631 62,
must be attributed to the general depression of the
business of the country, and 'reduction of tariff by
special rates.'" (Vol. 20, p. 313, 356; V. S2,p.

Manchester

<ft

iaeorsnce.— Formerly operated with
Net earnings

he Concord Railroad as one line.
(V. 22, p. 588.)

M.
J.

A.

earnings, $371, 4S1, against $523,150 net earnings in
1874.
This road forms a part of the through route,
is operated in close connection with the Baltimore
Ohio Railroad, which has made large advances for recent construction on the "Short Line."
Annual report V. 22, p. 208.

and

&

Maryland

<& Delaware.— This line was leased by
Jersey Southern, to fdm part of the
through route. Latelv. decree of foreclosure was
made. (V. 30, p. 242; V. 22, p. 567, 615.)

the

New

Memphis

road was leased to
the Southern Railway Security Co.. but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia road, was
elected President of the Memphis & Charleston,
with a new board of directors. Net earnings, 1 75-6,
$3il,280. Abstract of latsst report, V 23, p. 301.

made.

<& Charlei-ton—'Thia

Little RoTh.-Hecree of foreclosure
(V. 20, p. 336, 615; V. 21, p. 16; V. 22, p.
<fc

K.— Leased by

Penn.
L.
Company for net earnings. In hands of mortgage
trustees.

(V. 30, p.

<fi

426;

V. 2J, p. 42.)

—

Marwlt'ld db Framingham. I.,eased to Boston
Clinton & Fit'hbcig, at 25 per cent of gross earnings. Consolidation made June, 1875. (V. 20, p. 61S.)
Marietta, PUtsburjh <6 Cleveland.— fiat earnings
lal^r4were $10,717. Defaulted and in receiver's
hands .\ ugust, 1875.

Marietta

year

A

—

Cincinnati. Gross earnings for the
1875 were $1,662,016; expenses, $1,290,590; nfit

N. Y., Farm. L.
Boston, Co.'s

1899

1904-1906
May. 1890

A T. Co,
office.

Jan. i",'i899
April 15, 1890

—

Midland Pacify;. This was one of the roads represented by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in interest was made in February and August, 1875.
Mi'wavkee <t A'(uVA«ra.— This road defaulted on
December, 1874. Circular to bondholders, V
It is leased to Wisconsin Central, and
20, p. 615.
there is said to be prospect of resumption.
(V.
33, p. 331.)

Milwaukee, Lake Shoiv

&

closure for $2,.509,788, Dec.
first

mortgage June,

1876.

Westei-n.—SoM in foreInterest paid on
(V. 21, p. 277, 591.)

10, 1875.

Mine Hill dt Schuylkill ffatim.— Leased to Philadelphia & Reading, May 1864, for 999 years; 8 per
cent dividends on stock.
Mineral Point.— Total receipts 1873, $128,121; expenses and interest, $130,6i4
cost of road, fie,
;

$1,200,000.

—

Mississippi, Ouachita tt Red River. Land grant
257.000 acres. Sold in foreclo?nre, Dec. 16, 1875,
for $25,000. (V. 2;), p. 405; V. 21, p. 535, 613.)

471.)

Michifim (7«re);)-a^.— The anrnal report to May 31,
showed gross earnings on main line and
branches of $H,850,96l, and net earnings. $3,043,06 1,
or $l;i.8U more than previous year. Net floa'in"

.

MamJUld, Coldwater

A N.
J.
A O

A

Jan.,

June, 1903

Y'ork, Inquire

Company'e Office, <
7 Nassau street.

interest

Uar(iueUe, Houghton <& Ontonagon.— This is a consolidation of Marquette & Ontonaeon and Houghton & Ontonagon. Lands amount to 425,000 acres,
chiefly timber and m'neral. Stock, $2,306,600.

Memphis

1875-6, $100,686.

7
10
10

New
>

Mississippi & Tennessee.— Stock, $820,400.
earnings 1874-5, $211, .333. V. 22, p. 181.

1876,

debt.

May

g;oo,000

&

The

Jack.. Lan.
S.
debt is a.ssumed by Michigan Central, which also
pays $70,000 per year on the stock, oiie-thu-d of
wh'ch it owns.
Interest was passed on the
Detroit
Bay City bonds, not guaranteed, Nov.,
3!, 1876.

&

(V. 19, p. 143; V. 20, p. 101;
V. 22, p. 41; V. 28, p 16, 133.)
187.5.

V.

21, p. 15,

109;

—

Missouri, Kansas <fe Texas. The latest plan of
settlement with bondholders was given in the
Chkonicle. V 22, p. 30.5. Receiver was appointed,
December. 1874. Land grant is about 4,565,142 acres.
Annual report for 1875 in the Chronicle, V. 22, p.
542
(V. 21, p. 87. 18fi. 207. S5-3. 395: V. S3, p. Ill,
158. .305, 363, 440, 447, 471, 493, 621, 542, 590; V. 23,
p. 40, 183.)

Mlsmurl River,
Michigan Lake .SAor*.—Defaulted
receiver's

hands.

1878.

(V. 18, p. 218, 601;

V.

and in
21,

p.

Net

Foi't Scott

<Sc

Ou(f.~Tbe stock

is

5,9.50,000.
Interest pa-sed Oct , 1873, on 2d. and
'74, on 1st m'tgs. Net income of 187.5. $243,616.

f an.,

(V. 20, p.

403 ;V.

21, p. 15;

V.

23, p.

470,

485.)

. ...

S pt mber

BAILEOAD STOCKS AND

30, 1876.]

Snbaerlbera

fvlll

eonfer a sreat ftfror

DESCRrPTION.

bjr cl^lnir

Date

Miles

For osplanatlon

of
of column bcndinRS, tic, feo uotos
of
at the lioad of tliiit page uf tablits.
Road. Bonds.

Jlobite

Oirard—lat mortgaco

<t

mort«a!;o, cudoraed by Georgia Kailroad
Plain bondH..
Mobile (£ Mfnittfomeru Htock
Mobile <i <thin—»UKk
Couvcrtiblc 8 per cout bonds
Ist nu>it>,'nj,'i!, storling
Interest bonds
Interest bonds, stcrllns
Tennessee subs., 1st inortpage, sterlln^r
Special mortgage (Mississippi, Gainesville & Tex.)

85
85

2(i

.'

,

—

,

,

Immedlata notice of
Size, or

Par
Val ue.

'5n-'00

$500

1809
1807

1,(K)0

1873
1853

1,000
J2225

180
510

500
100
100
100 &c

£l00&c
1871
1871

21

1,000

ad mortgage

100 &c.

1874

Consolidated mortgage, gold (for $15,000,000)...
Montclair of New Jersey let m., gold, guar

—

1,000

anjr error dIaeOTered In these Table*.

INTEREST OR DIVIDENDS.

2d mortgage
Convertible bends
Construction bonds
Gen. m. <te 1st on Boonton Br. &c. (guar. D.L.&W.)
Consol. mort. (tor $25,000,000) guar. D. L. & W.
Special real estate mortgage
Nashvute, Chattanooya tt SI. Jjouis stock

$105,000
300,000
33,500

1,000
1,000
1,000

1,040,000

.50

15,000,(M)0

is&t
1866

250
500 Ac

5,000,000
3,000,000
284,000
573,000
4,991,000
3,239,000
1,025,000

—

to U. 8. government,

345
1871

byL.&N

1873
1870
1867

132
132

2d mortgage
Nashua it Lowell—Stook.
Bonds for f rciglit depot
Ifaugatuek—Slock
Newark, Somerset <t Strailsv., O.— Ist mortgage
Newcastle <t Braver Valley—9toii)i
New Haven <f />cr/>v— 1st mortgage

1,000

500
100

14

1873

Haven iC Xorllttimp. (canal KR.)—Stock...
Mortgage bon<ls, (N)ui)on
Bonds convertil>ie. ta.-c free, couiJon
Holyoke & West Held ER
A'. .1. Midland— l»t mort., g'ld, guar, by N.Y.& O.
2d mortgage, currency
New Jersey J- New York— 1st mort. (for $1,500,660)
N, J, Southern— 1st mortgage
A^eio

_

"57
iiio
42 18(59 500 &c.
15
50
13 68&70 500 &c.
100
100
1,000
70 4809

80
80
37
78

_

mortgage (Toms' Kiver br.)
2d mortgage bonds
Consolidated mortgage, for $7,000,000
New Jersdf West Line — Ist mortgage, gold
Ist

1,000
1,000

1870
1870
1871
1873
1809

"id

100 Ac
100 Ac,
1,000
1.000

100 &c.

71a

—

((05,000

<.»00,000

200,000
3,000,000
1,.500,000
916,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000

1871
1873
1870

1,000
"ido

1,.500,000

100
100
140
566

1865
1872
1871

100 &(•
500 &c

300,000
J09,500
4,000,000
12,158,650

200
206
206
237
237
237

1873
1856
1860
1873

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

350

1869
1,000
1874 f lOO&o
100
1853 500 &c.
18.54 100 &c.
1853
1,000

327

Northern Stock
Ist mortgage bonds
2d mortgage
N. O., Mob. d- rejc.—lat mortgage (Mob. to N. O.)
New Orleans, St. Louis d C/i Jc.—Consolld. stock
New consolidated mortgage (for $25,000,000).
Consolidated 1st mort., gold (N. O., J. & G. N.)
Ist mortgage,
do
do
2d mortgage,
do
do ...
Consolidated mortgage (Mississippi Central)
Ist mortgage,
do
2d mortgage,
do
Tennessee State Loan
do

800,000

525,000
2,400,000
1,000,000

i'0'6

1,000

Deo. 1, 1883
Nov. 1,1883
1876 and '83
1883
1901

M.
M.

do
do

7

8g. M.
8

7g.
3I3

7
7

7
7

8.

<Sc

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

Q-J.
J.

do
do
do
do
do
do

J.

A.
O.

7

A.

J. &. D,

<Si

Co.

do

N. Y., Union Truat Co.
N. Y.j Del., Lack A W.

N.
A.

7

Opdyke A

do

D.

J.

1877-1882
1, 1904

Jan.

do
do

N. Y., G.

do
do
do
do
do
do

March 1, 1886
June 1, 1900
1890
July2, 187«
1914
1891
1900
1889
Oct., 1901
June 1, 1915

7

A.&0. Now York A Naahvllle,
N. Y., V. K. Stevenson,
& J.
7
J. N. Y., V. K. Stevenson,
J N. Y., Drexel, M. A Co,
7
A.
O. Nashville, Co.'g Office.
Boston & Nashua.
M. & N.
F. AA.
Brldgeiwrt. Conn.
7g. M. & N. N. Y., Union Trnst Co.
1>3

4

1,000,000
1,100,000
4,700,000
2,100,000

1,918,400

1876
1889
18»7

Jan.,
Jan.,

New York.
Mobile.
A N,
London.
i N,
g.
J. & J New York and London,
Mobile.
I'- M. & N.
do
8
March
New
York
J. & J.
or London,
l^- U.& 8. N. Y., G. Opdyke A Co,
?«•

330,000
500,000

500,000
800,000
200,000

J.

Q-M.

8

8
6

6,.575,295

2d mort

Bond.s cudorsed bv Tenn
New 1st mort. ($20,000 per mile)
Hasluille d: Ueealur— 1st iaovt. guar.

New London

1871
1871
1875

34
137

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

J,

Dividend.

Savannah.
N.Y., Nat. (;ity Bank.
Savannah, C. RR. Ban)<,

J.

— Priuoi-

When Due.

Stnekt—LuH

Og. M.iiV New York and London

(?)

1867
1870
1870

&
&
&

J.
J.
J.

3,022,517
5,320,600
077,550
5,080,000
1,.524 ,300
709,920
1,008,000
53,000
1,453,858
1,800,000

vari'us

itutiAts

pal.

per When Where Payable, and by
OutstaudlDK Rate
Whom.
Cent.
Payable

780,000
888,000

80
80
23
137
84
84

zxin

Amount

100 &o

2d mortgage
Income iionds
Monttjomcry ti Kufauta—1 mort., end. by Alabama.
Ist mortgage, not endorsed
Monticello •£ I'ort Jervis—lat mortgage
Morris d: Essex— stock
Ist mortgage, sinking fund

Bonds

BOi^DS.

J.
J.
J.

<fe

<fe

Apr. I,i876
1881 and '91
July 1, 1913
July 1,1900

1887
2, 1874
1893
July 10, 1876
Nov. 1, 1889
2I3
Newcastle, Penn.
July, 1876
Q.—J.
Various N. Haven, E.8. Scran ton 1898 to 1900
7
New Haven.
3
Oct., 1874
J. &'j.
do
Jan., 1899
7
A. & O.
do
Apr. '80 to '82
1891
"?«• F. A A.
N. Y., Co.'s Offloe.
1895
F. A A.
do
do
1881
A 8. New York and London. March 1, 1893
?«• M.
M. & N.
N. Y., Co.'s Office,
Nov. 1, 1889
A. A O.
do
do
M. A 8.
do
7
do
1881
A. A O.
do
7
do
April 1, 1903
M. A N.
May 1, 190O
Now Ivondon, Ofllce,
I'' Q.—J.
July 1, 1876
A. & O. N. Y.,B'k of N. America
Sept., 1885
J. A D.
do
7
do
July, 1892
or 7 g. J. A J. New York, Co.'g Offloe, Jan. 1, 1915
Oct.,

<fe

Nov.

.
.

.

Income and equipment mortgage
2d mortgage scrip

N.

Boston

Y.,

d-

Montreal— lat mortgage, gold

N. Y. d Canada— iHt M., sterling, guar. D.&H.
New York Ventral it Hudson liivei Stock

— Y. Central)Can.

Premium bonds

(N.

& N. F. stockholders

Bonds, B.

do

Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson River)

Knw
new

morto-nsref
mortgage^ $30,000,000

£2,000,000

)

coupon or

regis-

terod.

i

mortgage bonds. Net earnings 1874-5, $2-2,6Si.
Mobile <ft MorUoomeru. ~So\i in foreclosnre. November, 1874, and stock given to old bondholders.
Old mortgage debt yet out, *S63,0OO. (V. SO, p. 6a,
801;V. 2S, p. 280.)
Mobile eft OAio.—The company has been in default
since Murch, 1675. Grosia earnliigK. 1875, $l,'.)14,:i47;
net, *.'i6!,453. (V. Jl, p. OOi: V. 22, p. 15<, 374, 437,

680,

688; V. 23, p. 112, I8I.1

The 2d mortgage was

Montelair.-

cember,

and road sold

1674,

(V. 20, p.

16,

290,83.3,

488,

foreclosed De-

asrain Sept. 25, 1875.
501, 571; V. 21, p. 188,

MontQOmenj

<ft

i?u/ai//ff.— Interest

fault since January, 1873.
roads. (V. 21, p. 439; V.

July

7, 1875.

Morris

has been in de-

It is one of
p. 183.)

the State aid

(V.

19,

p.

.39,

1873.
Sold
143, 50.j; V. 80, p. 85",

:J9, 5ii2.)

Essex.

d&

— Leased

In

perpetuity to

the

& Western. I'he lessees
and pay 7 per cent on stock,
after 1874. if thev then earn 10 net on Morris
*ES8ex road. (V. 20,p."85,477,4s8; V.i2,p. 309.)
Nashville, Cliattanooga <t St. Louis.— Grnm earnings of 1875-6, $1,751,591; expenses and Taxes,
aasum
and 8

-

Lackawanna

all liabilities

$1,023,423; net earnings. »7«8.178
The debt to U.
S. and bonds endor-ed by Tenn. are secured by
deposit of tbe 1st ini>rt<;a^e 7 per cents. (V. 82, p.
109, 181, 305, 400, 4S7; V. 21, p. .S8, 181.)

Nashville A Decatur. - Leased May4, H71, to Lon& Nashville Company for thirty years.

iaville

Nashua
(V. 21,

eft

£«we^.— Net earnings

in 1874-5, *56.464.
'^'

p. 5!».)

— Net

Naugatuck.

eaniinga 1874

5,

t222..S27.

(V

SI, p. ••11.)

Newark, Stmersel <S StraileitilU.—lxtigcdi to Sandusky MnnsflcH & Newark. Guaranteed by Baltijsore

& Ohio.

1,600
1,000

New

CaslU

eft

4,000,(M)0

M. A N,
Q.-J.
M. A N
M. A N,
M. A N.
M. A N.

J.
J.

8

A.

7g.

89,428,300
0,6.33,626

74,500
592,000
162,000

6

6

2,391,000
1,794,000
10.405.000
9,733,333

Beaver V.Uey.—l^eSiaed to

7

7
6«-

Pitts-

Wayne & Chicago, and lease transferred
Company. Net earnings, 1875, $219,534.
425.)
New Haven eft Derby— 'Set earnings 187.3-f, $24,8.32.
New Haven city guarantees f 225,000 of tile bonds.
New Haven & Norl/tampton.-Groi^s earnings,
burgh, Fort

to Penn.
(V. 20, p.

1874-5, $595,184; operating expenses, $399,250;
earnings, $195,913. (V. 21, p. 690.)

net

New Jersey eft New For*.— This was a consolidation of the Hackunsack & N. Yorlc and Hackensack
Extension. The old bonds are about $:iOO,000, 7 p.
c. due Mav,

1890.

Receiver appointed Aug., 1876.

(V. as, p. 256.)

y Mi'Unnd.-DetiuMQd after the panic of
1873 and funded cf)ni>ons. The company, having
exhausted its capital and credit in construction,

New York

Midland for 7 per cent on
at the time a floating debt of about
After tlie panic of 1873 the road came
back without sntlicient rolling stock and without
means to pay interest. The l)ondholder3 funded
leased to the

M,

* Port .AerclJ.— Defaulted in

383; V. ai, p.

Delawar,;,

1873
1873

840
840

A J.
& J.
A O
M.
A N.
?«• M. &
N,
F. & A.
8
J. A J
7
I'-

New jers

278, 323, 395.)

MonliceUo

1854

1,000
1,000

!

Mobile tfc Girard.— The Central Railroad of Georgia endorses *J12,5I10 of the first and all the second

513,

842

3,559.000
2,941,000
1,500,000
3,723,500
997,000
1,997,000
1,279,000
5,000,000
395,115
0.250,000

cost ;
$400,000.
its

it

had

coupons, but default Ewas again made.
Several
plans of re-orgaiiizatiou are proposed. (V. 21. p. 39,
44 J, 466, 409; V. 22, p. 87, 135,

64. 88, j30, 318, 395,
5S2. 814.)

Ntw Jersey Southern.— This was a consolidation of
several roads. Not earnings. 1875, < 109.276. Interest
in default eince October, 1873.
Litigation in progPlan of re-organization, V. 21, p. 46". (V. 20,
ress.
p. 3I3,4SS; V. 21,p. 486, 4SS; V. 23, p. 422.)
New .Teney West Llne.—Va foreclosare. (V. 19,
p. 640; V. 20, p. .388; V. 22, p 85'. 400 )
New London iVortA«'n.— Operated under lease till
1891 by Vermont Central for JISO.OOO a year. Income of Co.. in 1S74-5, $151,975; diabursemcnts,
$143,973. (V. 21, p. 59i> )
New Orleans, Mobile it Texas.—Tito Western Division of this road was sold Nov. 18. 1874. Interest
\n default since 1872.
The trustees' cirou'ar for reorganization of Western Division is given in V. 31,
(V. 21, p. 231, 535; V. 22, p. 2«, 3.5-!, f,i»\
p. 231.
New Orleans, St.Louitdb CMcac/o.—OTOta etaann

F.

J.
J.
J.
J.

A A

&
A
A
A

D.
D.
J.
J.

N. Y., 80. RR. Ass'n.
N. Y., J. B. Alexander.

do

do

Oct.

N. Y., So, RR. Ass'n.
N. Y., J. L. King.

do
do

1912
1886
1890
May 1,1912
Jan.

July
Nov.

1,
1,
1,

'74, '79 '84

do
do

1880
1880
1884
Aug. 1, 1874
New York Co.'s Office. May 1,1889
London, Baring Bros.
May 1, 1904
N.Y., Gr. Central Depot. Oct. 10, 187«
N. Y. Union Trust Co.
May 1, 1883
do
do
May 1,1883
do
do
May 1,1883
do
do
May 1,1883
do
do
Dec. 15, 1887
S.Y., Grand Cen. Depot.
June. 1885
N. Y., Union Trust Co. Jan. 1, 1903
London.
Jan. 1, 1903

year ending June 30. 1875, $3,181,820; net, «1,36.3.94S.
See annual report, V. 22, p. 156. Opernted as a connectinz line with 111. Cent.
111. Central buys np
$200,000 per year of consoi. mortgage bonds of 1873.
The Miss. Cent. Ist mort. bonds, ifueNov.. 1874, were
not all paid, and Nov. 1, 1875, and Jan., 1876, there
was some delay in payment of interest. Floating
debt June ;iO, 1675, $1,929,0S7. Receiver appointed
March. 1876. (V. 21. p. 15. 618; V. 22, p. 6S, 111.

16«,

28'. 328;

V.

23. p. 16, 160.)

New York, Boston ifc .Wi?H/r*?a/.— Proposed consolidation of several roads from New York to Rutland.
Company defaulted in 1874 and now in hands ol!
receiver; foreclosure pending. (V. 20. p. }i36, :158,
383, 405; V. 21, p. 16, 849; V. 22, p. 447, 471, 545, 568,
6U; V. a.3, p. 180.)
New York it Coiarfu. — The bonds are guaranteed
by the Delaware & Hudson Canal Co. Road opened
through Oct.. 1875. (V. SI. p. 207.)
New York ('entrnl <ft Hudson Rlver.~T\M consolidation of New York .Central and Hudson River
was made Nov. 1. 1889. In 1368 the stock of the
separate comi)anies was $42,712,700. The scrip divi-

dend on New York Central of 80 per cent was mads
in Dec. 1868. On ccnsolidation, another 27 per cent
was distributed on Central stock and ^5 per cent oa
Hudson. The mortgage loan for $40,'X)0,000 was to
retire prior debt, and the balance for laying third
and fourth track and other improvements. Thfr
statement of the debt, as above, is given as it
stood Sept. 30, 1875. less the bonds paid Aug. 1, 1876.
No later infortnatiou has been obtainable. The
Harlem Kailroad was leased April, 1873. The following is a comparison of operations, &c., for five
years:

Cost of road
1874-5.

Gross

Net

Funded

and

Receipts.

Receipts.

Debt.

equipm't.

$2

187.3-4.

1872 3.
1871-2.
1870-1.

(V. SO, p.

,027,218 $11,765,111 $40,00.3.667 $96,:«5.774
Sl,69l),:«6
13,262,089 S^.48),74I 92,506,508
29,128,851 11,484,863 27,Ti5..5.33 78.014.964
9,134.239 16,496,020 68,299,«M
25,580,675
8.5«0.»1« {' «v -'n 60,413,951
21.972.105

4«,

868,

5«; V.

?», p.

41, Ml.)

.

.

BAILROAD STOCKS AND BONDS.

aodf

Avor by glTlax Immediate

Subscriber* will eonfar a great

DE8CEIPTION.

Date

Miles

—

/r«w Tork <e Ilarlem Common stock
Preferred stock
Cousol. uioit., coup, or rog. (for $12,000,000)
Binkiiig fiuid

50

—

Y.

Consolidated mortgage
Y.,rrov. •!: /io»(o»—(Stonington)—Stock

Jf.

Ist mortgage
Exteueiou
General mortgage ($1,000,000 authorized)
^orth Carolina — Stock, common
Pref enod stock
Moi'tjfago bonds
Jforthfoslcrn (S. C'.)— Stock, common
Pref. stock (8 per cent) excliangoable for
1st mortgage, new

"60

150
"86

'

1,000

1864
100

1873
1869
1870
1871

I214

334
225
225

106 "&c.

1,000
1,000
1,000

1869

62
223
223
223
102
102
102
102

,

2dmort.

—Stock

58

Ist mortgage

56
"56

mortgage
2d mortgage
General mortgage bonds
Jforthern Ccn/rd/— Stock
Cliattol

1.000

500 &e

313
138
138
138
26
138
138
138

1st mortgage. State (Maiyland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
3d mortgage, Y. <fc C. RE. (guaranteed by Bait.)
Consolidated mortgage, gold, coupon
do
do
do
registered
Income convertible bonds, coupon
Income bonds (exchangeable into 5 p. ct. mort.)
OouBol. mortgage, gold, s. fund, coup. $ ov £
Mort. b'ds (for .|:;!,000,000, cxc. for incomes of '72;
Jfortnem, N. //.—Stock
Jforthern of Xew ./cj'sci/— Stock
Ist mortgage
Jforlhern Pucifle—'Savi i)rcferred stock
.

"so
500'

&c
500 &c
500 Ac

1855
1805
1853
1868
1868
1870
1872

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

74-'75

i"38

"8212

'i"clo

,

1875

550

100
100

dt

66
66
122
122

2d mortgage
OjiieitsbHrii

it

Lake Ohamplain—Stock.

Preferred stock
Eipiiinuent bonds
Sinking fund l>onds
O.Vto t& M Iftsissi/ipi Stock, commou
Preferred stock (7 p. o. yearly, cumulative)
Income and funded' debt l)oudH
1st con.idlidatod mort. ($3,517,000 are s. f.)
Consolidated mortgage, sterling
2d consolidat<:d riin king fund mortgage
Debenture sinking fund bonds (for $1,000,000). ..
Spring.. Div. (Sp.&IU.SK.) IstM. (for $3,000,000)
M! VreektC Allenlieny Itucr— 1st mort.(W. & F.RK.)
Ist mortgage (Oil Creek RR.)
1st mortgage (Un. & TitusvilleRR.)

68.'69

Funding income bonds
Okl Cotoiij/— Stock

Bonds
Bonds
Bonds
Bonds
Bonds

100
100

393
393
118
393
393
393

1862
1868
1868
1871
1873
1874
1865

2"2"8

50
38
25

& B.)
(P. T. & B.)

£200
1,000
1,000
1,000
1,000
1,000

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

1870
1876
1876

V'lo

217
1867
1871
1874
1875
1876
1871

.'

Omaha iP Northwestern— Land

grant gold bonds...

40

Orange Newark— 1st mortgage
Oregon cC California— Ist mortgage
Oswego <t Home— lui mortgage guaranteed
Income mortgage bonds
Osvxgo <t Syracuse— Stock, 9 per cent guar
Mort.gaire bonds

1,000

28^
'

3
3
8

4

M."&N.

8
8
3
6

S.
S.

6

6

A.

6
6

J.
J.

J.

2,064,000
2,200,000
3,068,400
1,000,000
400,000
28,000,000
2,604,400
400,000
245,000
3,077,000
2,000,000
500,000
468,000
20,000,000
4,030,000
174,000
6,656,850
112,000
3,905,000
140,000
1,915,000
1,500,000
580,000
500,000
1,155,000
300,000
6,733,800
1,450,000

8
8
"y^a

7
7
6
7
7
6
7
7
7
7
7
3
7

1,000

6
7.30

546,000
10,950,000
350,000
200,000
1,320,400
124,000

6

g.

Xew

York, King-ton it

liondont

&

Oswego

Sold

-Includes old
foreclosure May i,
58.ii; V. M, p. 413.

,9//ro(;!««.

in

1875, fo.r $750,000. (V. 1», p. 366,
814, 45:1, 615; V. 21, p. 100.)

g.

7g.
7
7
4I0

7

North P«nn?yZoa'<ia.— Gross receipts in yearl874-5,
*1,417,7B1; net, $512,192; surplus above inten-st
$160,527. Stock held by Philaaelpbin city was sold
February, 1875. (V.2J, p. 231, 403; V. 22, p. 134.)
Northern Central.
Chronicle, V, 2-3,

— Tiie

annual report for 1875 in

p. 278, showsgross earnings,
$1,926,-Ji:; expenses. $.3,112,123: net,
$1,56!, 134.
The total net income was $1,716,639, of which
$1,247,176 was ]>aid for interest and rentals, leaving
net income. $459,4(13. equal to 7 86-10' percent
-

New York
Boston

cfc

New Enqland.—TKi was

llartf. &, Erie.

'thK road

formcrlv
was opcintcd by

the trustees of the Bcrtlcll mortgage for several
years and conveyed to the nuw company in July.
1875. «ro3.s earnings (in Mass.), 187t-5, $310,178;
net, $137,l(i6. (V. 20, p. 284, 338, 6!4; V. 21, p.31,
807,633, 6;0; V. 23, p. 2r9,)

New

York,

New

TIaven it Haiiforrl.-yfet income

i>;>licable to dividends in 1874-5, $1.09a,93X against
$1,578,256 in 1873-4. (V. 20, p. 61; V. 2', p. 1 5.)

New

York

<t
1873.

Onoeao Jniland.—lntcref^t in deReceiver.-'' cevtiiicates havo been

fault since
Issued, and thu noating debt, Sept. :iO, 1875. was $H.411,(00.
Last funding plan V. 21, p. 378. (V. an.
p. 63, 242, 261, 313, 501", S22; V. 21, p. 40, 6), 186; V.
42, p. 352, 447; V. 23, p. 2JS.)

New

York, Providence <6 /i(j«<o«.— .\nnnal report
for fiscal year ending Sept. 1, 187,5, showed net eiirniogs $108,511, leaving a surplns of $73,7M above interest and dividend payments. Fnll report V. 21,
p. 164.

North Carolina.- Lcr-sed 8eptember,'187I, toRich-

nond

Danville

upon the
cent
of

capital htock of the company. The 5 per
mortirage is to cxcnange for incoin-'S
(V. 19, p. 617; V. 20, p. 267, 336, 35 5; V.

$;i, Olio, 030

1S7^2.

32, p. 257.)

,

Northern Neio Hampshire.— Tint
year 1875-6 was

$120,811).

(V. 22, p.

Income

56

.

fiscal

.)

Northern of New J«r«ey.— Operated by Erie at .35
per cent of gross earnings, which in 1875 were
|278,99l.

(V. 20, p.

488.)

Northern Pnci/fc—Sold Aug. 12. 1S75. for $100,001
and pref. stock is issued to bondholders at the rate
of $1,4'X) for each $l,ono bond, and this Incliftlostho
interest funded to Jul.v, 1878.
This stock is ex-

do
do
do
do

N.

J

Office,

do
do
do
do

N. Baltimore & Phlladel.
Irredeemable.
Annapolis.
July, 1885
J. Baltimore, 1st Nat. Bk,
O.

do

J.
J.

do

New England

J.
J.
J.
J.

do
do

changeable for land at its par valiie. To Sept., 1816,
was reported that $38,000,000 of bonds had bi-en
80 exchanged. (V. -it, p. 15, 78. 137. IBO, 231, 323,
372; V. 22, p. 135, 159, 209; V. 23, p. 2J5.)

&
A
&
&
&
&

Trust Co, July 10, 1876
do
JiUy 1, 1877
July, "75 to '77
July 10, 1876
Oct. 1, 187ft
Jan., '78 to '79
Mar., 1890

do

Boston,

Office.

do
do
do

O.
J.
S.

& 8.
& O.
& J.
& J.
& O.
& N.
Ist
& A.
& O.
& J.
A.
& A,
& J,
&A.
& A.
& S.
&D.

&

April,
Jan.,
July,

do
do
do
do

New

York,

Office.

do
do
do
do
London.
New York, Office.
do
do
coup, due Nov., '77
Philadelphia, Office.

do
do
do
do
Boston,

do
do
do
do
Office.

do
do
do
do
do
N. Y., Kountze Bros.
Newark, Office.
Frankford O. M.

J.
N,

O.

1905
1875
1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
May 1, 1883
Nov. 1, 1905
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Fell. 1. 1896
Nov.
Mar.

1,
1,

April.l,

Feb. 1, 1896
July 1, 1876
Aug., 1877
Aug. 1, 1881

March, 1894
Junel,189.v
1886
Jan., 1901

N. N.Y'.,Farmers' L.iT.Co,
May, 1915
A.
do
Feb., 1891
do
A, N. Y., Del., L. & W. RR. Aire 20, 187ff
I

do

N,

1880

do

&

1885

twenty years to the Vermont Central for interest on bonds, 8 per cent on preferred stock and on
1870, for

common
three,

6 per cent for three years, 7 for the next
for the next fourteen years. (V. 23, p.

and 8

279.)

Ohio dk Jfississiflpi.—There are also $97,000 of old
Istmortsagc 78, W. Div., yet outstanding. An abstract of the annua) report to Jnne ;iO,'76, was given
in V. 23, p. 3lH, hnwing gross earnings, $3,SS2,0:12; expenses, $2,474 7.'6; net earnings, $ 07,:165.
Floating debt increased in the year, $334,824
The
company purcha ed the Springfield
Illinois
Southeastern R'lad, March, 187.5, for «-;,000,000 in
bonds secured ot.tlieSp. &I. S. road, and with privilege of funding coupons to Nov., Is77: of the same
mortgage bonds $l,ii00,n00 werj reserved, the proceeds io be used for improvements.
(V 20. p.

&

215.267,290,281,477,491; V.
V. 22, p. 111.)

21, p.

269,322,372,396;

Oil Creek e£ Allegheny J?it!«r.— Sold in foroclosnro
consol. mortgage, Dec. 29. 1875, for $10 ',00 '. New
organization made .Tan., 1876, as Pitts. Titusv.
Buff. RR. (V. 21, p. 40, 302; V. 22, p. 16, 136, 279,

&

399)
Old Co "ony.— There are $.33,rOO 5 per cent bonds
due 18&1. Total earnings in 1874-5. $2,28t),413; expenses, $1,4-;3,135: net, $732,729.

(V. 21. p. 533; V.

iS, p. 85.)

Omaha d Northwest.— VasseA Interest 1874. Some
bonds and coup's exchanged for lauas. (V. 22, p. 79;
V. 23, p 175.)

it

Oregon <& Cnlifornia. —HoiiHn nearly all placed In
Germany. After default in 1873, proposition offered
by Ben. Holladay, President. (See V. 19, p. 480; V.

Norwich <t Worcester:— Lfuxi Pebmary, 1369, to
Boston, Hartford & Erie f.ir 100 years at 10 percent
per annum on cost. Dividends paid of 10 percent
per annum. Gross receipts in 1874-5, $729,440; net

21. p. 875.)

Railroad at $26 i,(K10 per annum.
In March, 1875, the gau^c was changed. Dividends $294,997. (V. 21, p. 590.)
•t 6 per cent, are paid oa stock, of which the State
Ogdvrt^urg dkLike Champlain.—Leaeed in March,
a,

Philadelphia

J.

O.

<fe

C—

JTortt^ra.—Foreclosure

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

6
7
2
4

Ilarlem.— Qioaa earnings 1873-4, of North Csrolina holds $8,000,000. (Vol. IB, p. 653;
$},85(),52.5:
operating
expenses, $1,719,334; net V. 17, p. 155, 218; V. 20, p. 267; V. 20. p. 39 1-)
eimings. |I, 137,141. Leased to New York Central
Northeastern, 3,
Annual re ort fur 187-J-5 in
at 8 percent per annnm (payable J. & J.) on stock,
aid interest on bonds. The Fourth avenue horse- V. 20, p. -499. Gross earnings, $4!6,95ij; net,
r,ulroad and real estate was retained. Tlie extra $175,441. Report to Sept. 33, ;875, net earnings,
$70,058.
dividend Aprd, 1876, was from profits of city line.
tt

A.

May, 1875
1899
1899
Aug. 1, 1876
Jan. 1, 1885
Apr. 1, 1877
May 1, 1896
1903
April 1, 1876

Sept. 1,
Sept. 1,

do

1900
1877
1900
g.
July, 1900
O.
6g. A.
A.
April, 1880
O.
7
J.
Jan. 1, 1922
J.
7
July
J.
J. I^ondon & Baltimore.
1, 1904
J. Baltimore, 1st Nat. Bk Jan. 1, 1926
t'- J.
2I2 J.
D.
Boston, Office.
June 1. 1876
1875
3%
'&""j.
1878
J.
J. City, Hudson Co. Bt,
7

<t

Jf&w York, Ilousaiontc
pending. (V. 21, p. CH'J.)

&

Charleston.

Q.—J.

202,602
2,599,000
205,000
1,000.000

6

50

M.

•1,400,000
1,126,000

500,000

35 58&64 500 kf

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

10
7
7
3
6

m

do
do

M.

7

"

do
do

Q.-J. N. Y., M. Morgan's Sons, July 10,1876
1878
& A
do
do
& N.
do
do
1878 & 1881
J. & .T.
do
July 1, 1899
do
M. & S. Company Shops, N. C.
Mar., 1876
M. * 8,
do
do
Mar., 1876
M. & N.
do
do
1877 & 1888

1,000,000
16,000 p.

"3.5

N.Y.,G.Opdyke&Co.

N
& N

1884
1, 1876
1003
July 1, 1894
May 1, 189&
atay, 1896

Grand Cen. Depot, July

F.

6
6

265,,500

1,000
1,000

M.

21a

1,692,000

1865
1866

Boston.

J. N.Y.,

"&"j.

7
7
7
7

Central Depot.

do
do

?«• J.
M. &

1,000

200

&

Stocks— taat
Dividend.

July 1, 1876
do
July 1, 1876
do
May, 1900
J.
do
Jan. 1, 1881
O. N.Y.,St.Nich.Nat.B'k.
Oct., 1902
J.
New York.
July 1. 1902
J. N.Y., Gr.
J.
do

N.

M."&"S.

7

500 &c

9

rf:

York

1,000
1,000

18(i2

T.

(l"itts.

1,000
1,000

1870

—

New mortgage,

100
100

J.

J.

5

(')

21
21

TTonwi^fr—Stock
Ist mortgage. State loan, sinking fund

7g

"7"

250,000
837,000
3,000,000
1,000,000
380,000
899,350
96,000
820,000
231,500
3,978,150
1.930,500
360,000
1,500,000
2,035,000
5,842,000
1,500,000

100
100
67-'68
500
50
50
1869
500
1869
500
50
500 &c.

M.

J.
7
7k. A.

1,500,000
3,800,000
2,425,000
1,200,000
3,000,000
76,000

100

1863
'58-'60

&
&
&
&
&
&

J.
J.

4
4
7

2,.500,000

i87"3

62
62

-.

JSorth rennsylvania

New

1,000

500 &c.
500 &c,

141

Zd mortgage, now

Jforurich

$7,500,000
1,550,000
10,500,000
108,444
1,500,000
2,500,000
20,000,000
273,000
15,500,000
2,000,000
8,000,000

$.50

1872
1861
1872
1872

i32

pal.

Amount

Par

132

llou^atonic t£ Northern Ist mort>fage
If. Y. Kingst. <t Si/ra.—l»t m., g'd ($-1,000,000)
Jf. Y. tt Xew ICiigland i Host. , Uartf. <£ £»•«)— Stock.
let mortgasc8, old
A'eio lurk, Neitj Haven, <t llarlfortl—Stock
Ilarlem & PortchcHtcr, 1st mortj^age j^uvrauteed.
V. Y. <£• Oswei/o MUilaml—lat mortgage, gold
2<l mortgage, convertible
2d mortgage, uon-convcrtlble
3d mortgage, cniiipiuent
Ist mortgage. Western extension

V.

or

Where Payable, and by
^^ „"^'""',
OiitBtaudlus Rat*
uutstanuraj,
^^^^^
Payable
Value.
whom.

of culiimu headlugH, &c., see notes
of
of
head of UiHt pagu of tables.
Koad. Bonds.

tlio

any error dlneovered la these Tables.
iJonrfs— Princi
INTEREST OR DIVIDENDS.
When Due.

notice of

I

Size,

For explauatlou
at

[Sept mb3r cO, 1876.

Osw'go <fi ffomu— Operated by the Rome, Watertown & Ogdensburg at 8 per rent on $30J,0«0 stock
and interest on first mortgage bonds.

Oswego <6 %rn(;«»«.— Leased to Del. Lack. & Wesl^
for interest on bonds and 9 per cent on stook.

.. ...
.. .

.

RAILROAD STOCKS AND BONDS.

Septembsr 10, 1876.]

Kiibaerlbera will eonfer a Kreat niror tty kIvIhk

DESCRIPTION.
For explaaation
at

Oweruboro

of

column

Ucod of

tlio

Miles

Date

hoadliiKS, &o., aeo notes
of
of table*.
Roa<l.

of

Par

Bonds

Value.

first pafjo

d RuMellvitU— 1st mortgage

3S
485
2S3
283

I'aoijtc of if i»«oi(ri—Stock
1 St mort^a^e, Kold

2d moit«rtKu (sinklnR fund $50,000 per annum)
Real estate (depot) lionds
Debt to St. I-ouis County (»o bonds)
Incuiuc bonds, (guaranteed Atlantic

& Paoifl*)

..

Carondelet Brancb, Ist mortgage
Lex. & St. Louis branch, Ist mort., gold, giur..
do
do
2d mortgage
Leavenworth, Atch. & N. W., Ist mort., guar..
Paducah it Memphis— Ist moHgago, gold
i'anamo— Stock
General mortgage, sterling
Paris tt JMntille.— Ist mortgage
Paris <t Decatur, (Ills.)— Ist mort., g'd, sink. f'd.
Paterson a Newark— 1st mort., guar, by Erie
Pekin, Lincoln it Decatur— tut mortgage
Penbisular (Mich.)— Ist mort., gold, siuk. fund.
Pennsytrania—^toiik

21

it

'500

500

<fec.

1,000

355

1870
1873
1875

44
44
105
105
46
83

68,870,2(X)

1,000
1,000

19,9!«),700

4,970,000
5.007,360
29.250,000

1,000

1873
1873
1S73
1866
1866

1,000
1,000

1864

100
500 &c.

1,000

Halt.

1,000

l,.5OO,QP0

100

621,000

1873

1,000

1,200,000
1,324,200

Central— lat mort. (Pa)

2d mortgage (P.a.)
1st mortgage Md.)

100
18.59

36
10
287

(

Philadelphia it 7vVte—^tock, common
Preferred stock
1st mortgage, Sunbury & Erie

"46
287
287
287

1st mortgage

2d mortgage
2d mort., gold

(for $30,000,000), guar by P. R.
Phitadeiph la it Reading—Stock, common
Preferred stock
Mortgage loans Inconvertible
Lo.au mortgage, convertible

1869
1866

..

Loan mortgage,
Loan deben tui-e
Loan mortg.oge

50
50
1843-9

1857
1836
1836
1836
1868
1868
1871
1871
1871
1873
1873
1874
1872

.

.

7*5
750

.

"26

—

1,000

149
10
149

.

OuKnsboro <* Russeavi'le.—^ovr Kvaneville. Owensboro A Na."hville. To be sold la forecloaure.
Pac'flc of J/wsomW.— Road was leased July, 1872, to
Atlantic cfc Pucillc R&ilr.iad «nd dividends gnnraotecd. In Sept. and Oct., 187.5, the price of stock
fell from 47H to 7*4. the principal causes being
a decrease of $ti02.99ti in earnmgs since January 1;
the failure of A. cSs P. to pay the October dividend
advertised, and the fact that the road was so heavily
loaded with debt to A. & P. Co.
Koad sold under
3d mortgage, Sept. 6, 1S76, for t3,(X)0,(X3O. Lexingtst. Ijouis also to be sold.
ton
(V. 21, p. 40, 37^,
89«, 412, 418, 4m, 4-9, 5.S5, 571, mi; V. tt, p. JO, 182,
3J8, 6BS; V. 23, p. 16, 86, 208, 856, .79, 804.)

&

1,000
1,000
1,000

7g. A.

F,

6
6
5
6

J.

1858
1807

1,000

1872-4

1,(X>0

1875
1868
1859
1876

1,000
1,000

£200

"3"

7

7
7
4
7

7
7g.

.r.

7
7

J.
J.

6

,1.

1,0(K),000

7
G

7
6

J.
g.

6
6

p. 23.1.)

p. 3c8; V. 21,
805, 35i, 368.)

Purls

<£

steamship Una lately started. (V. 20,
p. 207, 231, 489; V. it, p, 8(j, 283, 247,

OanuUto.— Foreclosure

In progress.

(V.

I'7

SI, p. 188, 21tr.)

—

Paris ilk Deciiur. t'onsollclatlon. Now Illinois
Midland. (V. 19. p. 351; V. 21, p. 613.)
Paterson A .Vtf ;car*.— Lately operated by Erie.
Stock IS $250,000.
Prkin, Li coin * Decitur.—l,-&s,f,A to Toledo,
Wabash * Western. Sold in foreclosure June 10,
1876. and reorgsuized.
(V. 21, p. 2ir; V. m, p. 10 1.)
Peni'Ka'ar—There is also a second mortiago for
•54 1.000. Defaulted May 1.1872. Coupons unfunded.
Consol. with Pt. Huron A L. .«. Julv. 187H. W. L.
Bancroft. Receiver. (V. 17, p. 155, b.W, 763.)
Prrtniiytvitnla.—1\ie report for '75 is given in V.

2 ?.
dividend was changed
to the rate of 8 per cent per annum, 'rhe direct
funderl debt of the com lany is t.H,i)in,CO() In 1871
the llttbiliiy as a guarantor of principal and interest
WHS on «3!.9S3,600 bond*; annual liiibllitv addiUooal.on guarauiees of interest or rentals, (13,'88i,3I9,

p.

2'>3 447. In

.May,'75, the

;

& J
& J
& J.
J. & J
M. & 8
T. & J.
A J
A. A O
J. A D.
J. & D
J. & D
J. & J.
A. & O.
J. A J.
.1.

7
7
6

g.

««•
6

Cg.
7

Various
Q.-J.

4
6

J.
J.

6

A.
A.

2I2
3

Q.-M.

,V.

7
6

J.

6g.

J.

Earnings.

Earnings.

and Debt.

tM47,388

$128,' 90,560

9,3>'6.!'2l

24,8,Sfi,n09

9,445,704
8,217,852

ll:i010.000
105,784,0;5
82,i5«9.M7

The

Pennsylvania Company Is a corporation dis
tinct from the Pennsylvania liailroad, formed to
operate all the leased lines west of Pittsburg. The
Slock is owned by the Penn. RR. In lh7i the opera-

all its leased roails was published in V. 20, p. 48S,
&c. (V. ;8, p. 19i, 285, :i'iO, 50t, 5,-4, fSO; V. 19, p.
377, 47', 504; V. 2'1. p. 16, 86. 'J67, 314,4(5; V. 21, p.
130, 361, 4.58, 592; V. 2i, p. 25:1;
23, p. IS.)

V

Pt'-nsylvania d:

.—J.
..-J.

.r.

tions i-howed net prolitof $811,31?, including receipts

Panama— K

.1.

& O
A O.
A J.
& J

J.
J.

Paducih <t Jf(!ntpAi(«.— Foreclosure proceedings from the Company'sinvestinents. A very complete
commenced, but compromise afterward reported. exhibit of the operations and Unancial condition of
(V.21, p. liu; V. 22.

&"j

/Wawir«.— The lease of this road
was ratified iu 1674.

F.

&
&
&
&
&
A
&
A

J.
J.

do
do
do
do

New York and
Phlla.,

do

it

Rock Island.— \n hands of receiver. DeThere are old 10 per cent bonds of
V.

2l, p. 159. 319, 535;

P«'iiom«n.-- leased to Philadelphia A Reading.
Pel ersburq. —Qrois earnings 1874, $240,145; net
$1II3.:173
(Vol. 19. p. 351; V. 80, p. 592: V. 21, p.
61. 372; V. l2, p. 13.5.)

PMiadetpMa

dk

BaiUmort C«n¥a'.— Operated kt

London.

227 8. 4th
do

Feb!,"i900
Apr. 1, 1897

at.

June

do

do

1,

1913

1902
Jan., 1879
Jan., 1900
Oct., 1891

Philadelphia, Office.

do
do

do
do

RR.

Philadelphia, Pa.

do

do

Oct.

1,

1877

Co March 31, 1881
do
July 1, 1883
Philadelphia A London.
July, 1920
Philadelphia, Office.
Jan. 25, 1878
do
do
July 25, 1876
do
do
1880
do
do
1886
London.
1880
do
1880
Philadelphia, Office.
1888
London.
1877
Philadelphia, Office.
1893
do
do
1893
do
do
June, 1911
Philadelphia & Ixjndon.
June, 1911
Philadelphia, Office.
June, 1911
do
do
Jan. 1, 1893
Phlla.,Pa. Llfe<feT.

do

Philiidelphia or Ixmdon
I.,ondon A Philadelphia.

do

do

Philadelphia, Office.
Phlla., Treiisurer of Co.

Philadelphia

do

&

Boston.

do

J. Bait., Bait.

& Ohio RR.

A. Pittsb., First Nat.

Bank

London, J.S.Morgan ACo

Oct.

1,

1897

1, 1908
1892
July 10, 1876
Sept. 3, 1876
July 1, 1876
July, 1884
April, 1887
Oct. 1, 1892
April 1, 1900
July, 1898
Aug. 1, 1882
Jan. 1, 1926

July

some time past, in Pennsylvania by trustees of ftrst
mortgage bondholders.
Phil., Wil. A Bait, largely
interested.

Philadelphia rf .EH<.— Leased Febrnary, 1,862. for
999 years to Penn. Railroad, but without any Guarantee of bonds. Gross earnings. 187.">, $3.wi5,807;
net earnings, $1,1:17.4 3.
The Penn. Railroad is
creditor $231,244. (V. 20, p. 8, 248; V. 22, p. 2u6.)
PAi^a(f«/»A(adS7?«od<n<7.—The ncteamlngsof mala
lines in 1874-5, were $4,5:i0.7tS. asalnst
$5,720,205 in 1873-', and $5,357,766 in 1812 . lacome
from other sources. $2..Stl, 89. against $'.351,670 in
1873-4.
The trustees of the general moKgage hold
Iron Co.
the mortgag'- of the Coal
comparUoit
of statistics for three years is as follows:

and branch

&

A

18ri-3.

Gross earnings..
Op. expenses

.

1873-4.
l'>74-«.
$14,'',32,6«1 $14,452,1(1 JI2.6Hii,<«7
9,474,895
8.73, ,916
*',130,159

Net earnings

$.5,3.57.768

Inc. other sources.

1,065,118
44,18.,7:6

$5,:20,«n5 $4,530,768
l,3.5l.h70
«,S41.889
68,1.56,138 57,184,111

21, p. 46j;

V.22.

p. 40.)

Peorin

Oct.,

Jan., 1872
N.Y., Lancaster, B.&Co. Jan., 1879-'98

—(V.

$1.50.000.
(V. 21. p. 141, 616;
V. 22. p. 56, 344, 16:3.)

June 15, 1905
1881

1873
1903
1903
do
do
1903
Phlla., B'k N. America, June 1, 189S
do
do
Juno, 1906
N. Y., Chic, R. L A Pac,
Aug., 1876
N. Y., Imp. & Trad. B'k, July 1, 1894

Pemvtylvanii & Nexn KorA*.— Operated in close
connection with the Lehigh Valley. Net eaminirs
1873, *44<,36l.
Dividend of 7^4 percent paid on preferred stock, $2,000,000; common stock is f 1,061,700.

faulted in 1874

Annually.

Philadelphia, Office.

Pri'vlously operated under temporary lease.

Bure m Villey -Leased perpetually to
Rock Island & Pacific at $125,000 per year.
Piwi 1, Pekm d ,Tncksoni>l '«.— In year ending
June 30, 1874, net earnings, $60,26!.

1880
1910

Jan.,

do
do
do

Pittsburgh Co.'B Office,
Philadelphia.

Fundertdebt

Pern-la <t

do

Philadelphia, Office,

to the Pennsylvania Rjiilrnad

Chicago.

July l,"l89S

I/ondon,

do
do
O.
O. PhlVdelphla, Co.'s Office
do
do
O.
J.

July 15, 1876
Oct. XO, 1897

N. Y'., Erie Railway Co. Jan. 1, 1878
N. Y., T. W. A W. RR.
Feb., 1900
New York.
May 1889 to '90
Philadelphia, Office.
Aug. 30, 1878

A J.
A J

A.
A.

21^
31a

&"a.

A O
A D.
<t J.
A J.
&"j

J.

$20, 1'.I3.251
22,642,371

«2.012,V25

F.

1892
1885

Commerce, Oct. I,"l889

of

Now York and

.1.

A J
A.' A O
F. A A.
F. A A.
A. & O
J. & D.
J. A D.
F. A A.
J. A J

1,
ilib.,

London.

J.

all operations east of Pittsburg, in 1375, the report
tl,03l.9i9 over all payments,
including dividends. The following is a comparison
forf-.ur years on main line and branches in Pennsylvania:
orors
Total Stock
Net

1818
1872

A

July, 1891

May

New York, OlSce.

Q.-J

shows a net surplus of

H74

do
do

N. v., B'k Commerce.
b)pt., 1892
N. Y., Atlan. A Pac. RR May 1, 1895
N. Y.j B'k Cemmerce.
Oct. 1, 1898
do
do
Deo. 1, 1899

A. A O.
Q.-3I.

On

1875

A.
N.

&
2*- M.
Q.-F.

5.000,000
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79,500
182,400
967,200

700,000
839,000
4,000,000
400,000
6,500,000

100 &c.

A

Feb. 1, 1S02
July 20, 1876
Aug., 1888

Ht. Ix>uls.

A O

J. 'i'j.
J. <t J

7

When Uu«.
Stoeks— I AUtt
Dividend.

pal,

ATrad.N.B

do
do

ea.

J5on</»— Princi-

N. Y., At. A Pac. R. R.
N. Y., B'k Commerce.

A.i'o, N. Y., B'k
3

4'

1,259,100
2,231,900
11,536.250
290,000
1,000,000

N.Y., Imp.

.1.

a

13,413,.500

50
500

Q.-J.

f.

J.

1,138,900
2,700,000
10,688,000
7,000,000
968,000
10,500,000
9,364.000
19,686,000

.50

do
do

PiUsb. it ConHellsrille.— 1st mortgage
do
Turtle Creek division
iBt
Consol. mort., guar. B. & O. (s. f £7,200 pr. yr.)

F.

1«9

««•

8

495,900
134,400

100

20
100
98

A A.
& A.
A J.
H.A N.
8
mont'ly
7
M. & 8.
7
M.& N.
7
6 g. A. A O.
6g. J. A D.
8

A.

2,400,000

1,000

<!on8olidated mort., dollar loan, coupon or reg.
do
do gold, dollar or sterling
do
do dollar loan, gold.coup. or reg
Debenture lo.an (convertible lS7()-i)2)
Improvem't mort. (dollar or sterling) sink'g fund.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Coal <k Iron Co., guar. mort. (for $30,000,000)
Philiulclphia <t JVfji (on—Stock
Philadelphia, Oermantown it Xorristown .Stock
Philadelphia, WUminyton it Ualtiinore Stock.
1st mortgage, convertible
,
Plain bonds, loan.

do
do

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

1861
1868
1869

sterling

—

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

18.57

do
do
sterling
do
do
do
East Pennsylvania 1st mort., sinking fund

INTEREST OR DIVIDENDS.
Rate per When Where Payable, and by
Payable
whom.
Cent.

.J.

500,000
300,000
800,000
400,000
300,000
0,048,700

Tab

ol anjr error dIeeoTered In tbcae

6
3,000,000
8,000,000
7,096,000
1,083,000
519,000
1 ,500,000
1,500,000
1,200,000
1 ,000,000
1,000,000

90iu 1870
18
1867

"82
82
82
36

_

2,794,000
1,190,000
1,200,000
500,000
1,076,000
3.800,000

50

50
50

.

2d mortgage
it

1„54 1,000
7,(K)0,000

83
. .

.

„500,000
2,500,000
1

100

106 •69.'70

Jacksonville— 1st mortgage

Consol. mort., gold, guar. P. & K., (sink, fimd)
Pe(er«6i(r)7—StoiiK
let mort. bonds (payable $25,000 yearly)

2,700,000
800,000

1,000

8(!9

2d mortgage

Philadelphia

1872
1868
1871

12
<!7

guaran

Peoria dk lioek /.—1st mort. (after $150,000 10s)
Perfciomea— 1st mortgage

7,0(K),000

500,000
900,000
200,000
500,000

£200

1867

75

—

dt

1,000
1,000
1,000

341a

Hureaa Valley—Stod

Peoria, I'ckin

100 &c.

1870

115
47
47

.

Peoria

$1,500,000
7,000,000

5514

1st mortgage
Gen. M., I'll, to ritt.s., conn., J. & J.; reg., A. & O.
State lien (pay'blcin annual inst'lm'tsofiiUCO.OOO)
Consol. M., coup. J. & U., & reg. Q.— M. (s. f. 1 p. c.)
Navy Yard bonds, reg
Pcntutytcania Co.— Common stock
Picferred stock
Ist mortgage, gold, (held by Pennsylvania RR.)
Pennxylrania it Delaicare Ist mortgage
it iVew Torfc- 1st mort.,
Ist Hiortgage, gmi ran teed

Amount
OutHtaudlng

1872 $500&c.
100
1808
1,000
1871
1,000
1872 500 Ac.

1872
200 1875
15>3 1873
55 >4 1871

.

Pennsylrania

Size, or

700,000

3d mortKugn

2d moi'tgage

Immediate notice

XXV

20, p. 858;

V.

p.

109; V.

S8,

Philadelphia ft TWi/oa.— Leased to Pennsy'vania
Railread with United New Jersey companies at 10
per cent on stock.
Phitide phia, Oennanlown <t .VorrM/own.— Leised
for 999 J ears to Philadelphia A Readmg at 12 per
cent, on stock.
Philade phia. Wilmington * Baltimore.—"Set earn
ings, year ending Oct. 31, 1375, $l,a40,:lM, leaving a
small sunilns of Income above payment of 8 per
Last annual report la V. IS-tt.
cent divident's.

15 8.
PUlsbura

<§

CbnnriJuiir*.— Interest was

In

de-

which owned ri largo
was made Mav
1S7.5, to Baltimore * dhio RK. for $1.0iiO,IOO.
(V*
JiV.
aO,
p. 891, W6; V. SI. p'
18. p.
19, p. 17; V.

fault to city of Baltimore,

amount

01

.

of the bonds, and a transfer

.

RAILROAD STOCKS AND BONDS.

XXVl
Kobacribers

ivlll

Confer a creat favor hj slvlnx Immediate notice ot any error discovered In tbese fables.

DESCJRIP'nON.

Miles Date
of
column hcadiiieB, &o., sec uotca of
Road. Bonds
at the head of first page of tables.

For ezplanuUon

IHttt., C. <t St.

i.— l8tm.,con8.

(for $10,000,000)

200
200
117

. .

2d mortpiKe

Ist Diort/fago, Steuben villo & lud., reorganized.
Col. & Newark Division bonds
ruisbura. Ft. Wayne it C'AtcnffO—Stock, guai'
Special iniprovcineut stock, guaranteed.
1st mortgage (series A)
let
do
do B
Ist
do
do
C.
1st
do
do
O Q.
let
do
do E.
p®
F.
1st
do
do

33
468
4(>8

408
408
408
408
408

.

2d
2d
2d
2d
2d
2d
3d

do
do
do
do
do
do
do

Pittsburg, Ft.

Sl7*,

.

G.

do
do
do
do
do
do

468'

408
408
408
408
408
468
468

u.si

H.
I.
K.
h.
Cao
M.
n
construction
bonds.
Wayne & Chic,

Equipment bonds (renewed)
<e 0*o;V«»(»»— 1st mortgage, gold
Plymouth, Kank. <t i'ac— Ist m. (f 3,000,000)
Port Huron di L. Mich.—\st mort., traf guar
foriland <£ Ogdensb.— 1st mort., E. D., gold

Value.

1868
1873
1804
1864
1871
1862
1802
1862
1802
1862
1862
1862
1862
1862
1802
1803
1862
1862
1857
1874

500
500
500
500
500
500

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

500
500
500
500
500
500

60
02

New

mortgag<^ (for $3,300,000)
Ist mortgage, Vermont Div., gold

lie

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

111% 1809

—

<t

1,000

71
71

1872

67
44
50
50

100
500 &c.
100

1870
1862
1804

100 &c.

i,eoo

$6,222,000
5,000,000
3,000,000
775,000
19,714,285
4,333,948
875,000
875,000
875,000
875,000
875,000
875,000
800,000
860,000
860,000
800,000
860,000
860,000
2,000,000
100,000
1,000,000
1,000,000
20,000 p. m
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500.000
2,500,000
770,000
480,000
2,000,000
500,000
050,000

1,000

isi
181

—

142
10

,

142
49
29

Pichmond A Petersburg— 1st mortgage coupon
<f-

<t

St.

Louis— 1st mort., gold

Ogdensburg

Ist sinking fund mort., Wat.

—Stock

281
218
97
190
190
300
120

,

&R

General mortgage, sinking fund

2d mortgage
nioi-t.,

Pnttand —Stock,

convert,

till

100

July, '79, coup

common

120
120
120
112
170
266

Equipment mortgage bonds
do

do
mortgage
St. Joseph (t Denver City— Ist m. gold, E. div
1st mortgage. Western division, land gi-ant

New general

Louis, Alton tt Tcrre Haute—Ht'Ock.
Preferred stock (7 per cc^nt yearly, cumulative)
Ist mortgage (scries A) sinking ftmd.
Ist mortgage (series B) sinking fiuid
2d mortgage, preferred (scries C)
2d mortgage, preferred (scries D)

St.

1870
1875
1808

1,000

1861
1872
1874

g.

eg.
6

7
6
3

7g.
3
6
4
6
7
7

KKl
100
100 &c.
100 &c.
100 <fec.
500 &c.
100 &c.
100
100

1870
1870
1872
1800
1870

l,0<Xt

500 &c.
1.000
1,000

18(i4

500

686

Southern— Stock

Pittsburg, Cincinnati <fe St. Loids.— This company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the

.210

210
686

&.V.

1,000

100

1867
1872
1874

1
1

,000
,000

1,000

7

M.

e'

6

J.
J.

6

M.

3,0<X>,000

2,479,700
4,168,700
500,000
500,000
1,212,000
1,.500,000

Pnrt Royal.

—The

Georg'a

Railroad

A.

7

1

10
"7'
•

guarantees

690.)

CoiwrnWo.— This road is operated and
& Reading Railroad.

Reading & Z^AijA.— This was the Berks County
road; sold out, and leised to Philadelphia <fc Reading, March, 1875, for 99 years. (V. 8J, p. 63, 267.)

A

Renfsdatr

&

Sarab/ga.— Leased

V.

82, p. 1

May

1,

1871, to

Phjmmth, Kankakee <6 Padjic.—ln foreclosure. Delaware & Hudson Canal Company, which pays interi'St on bonds and 8 percent on stock.
In 1872-3
tV. 19, p. 120; V. 20, p. 314, 491; V. 21, p. 372.)
•the net curplus to lessee was $201,597. (V. 20, p. 844.)
Port Huron <t Lak* Michigan— "Vhis forms part of
Richmond * DanviUe.— Gross earnings 1874-5,
the Chicago & Lake Iluron consolidation, with Pen$983,it5;; net, $383,447. This company leases the
insclar of Michigan. Interest was in default Nov.,
North
Carolina Railroad and the Piedmont Railroad,
1873, and foreclosure is pending. (V. 80, p. 857; V.
and forms a through route with the Atlanta & Rich22, p. 375.)
mond Air-Line. The Penn. Railroad owned $600,000
PorUand <t Ogdensburg.— T\ie tw" i vicions were stock of the Richmond & Dae«ille, and took $1,000,consolidated March 1875 as one company, and a 000 of the new bonds at 80. (V. 90, p. 8, 891, 668;
V.

mortgage of $8,000,000 on whole line proposed. In
ItarcD, 1878, Co. passed the interest on Portland
«lty bonds. (V. 21. p. 1.%, S96, 618; V. 28, p. 188; V.

80.)

—

Gross
Potomac.
earnings, $882,298; expenses, |180,049; net earnings,

«,

p. 3i!4,<l8; V. 28, p. 8«.)
Portland <t Poch^ler—Ttufi is the old York & CnmiXrlaDd sold out in 1865. Net earuinua year ending
Atiffut 31, ims, t33,6Se.

81, p. 614;

Richmond, Fredericksburg

$808,848.

(V. 21, p.

Richmond
)

ending Sept,

<t

M.
M.
M.
F.

&

Jan.

<fe

J.

N. Y., Otiice 12 Wall

<fc

818.)

Petersburg.—Qtoae earnings year

30, 1876, $1&1,»3S; nel^ $78,891.

Bondi

1894
1894
1894
1894
1894
1880

st,

do
do
& O.
do
do
& A.
do
Ji»N.
do
do
do
& N.
do
do
& S.
& A. N.Y.,Offlcc 20Na8sa« st
& N. New Y'^ork or London.
do
do
& O.

Aug.

May
April

1,
1,
1,

1892
1897
1914

due and not presented, $99,500; bonds paid
$50,500.

off,

(V. 22, p. 15.)

Rockford, Rock Island dt St. Louts.—Soli In foreclosure August 16, 187.'). for $1,380,000. Re-organized
as the St. Louis Rock Island & Chicag<'. (\ . 21, p.
87, 110. 160, 186. 207. 231, 245. 319, 39(i. 458. 489; V.
2i. p. 135, 182, 3-.0, .375. 418, 463, 48", 613. 536; V. 23,
p. 233.)

Rome, Walerlown

controlled by the Philadelplua
Floating debt, $.,093,494.

Pittsburg Virginia
Charleston.— Ot these bonds
the Pennpylvania Railroad owns $500,000.

F.

7g. M.
7g. A.

i

Providence <ft TTorcwter.— Net earnings year ending September 30, 187.5, $2:30,878; floating debt,

&

1880
1, 1875
1875 to '90

Office.

JiUy'e.'i874
J.

—

Beading

Richmond,

do
N.Y., City Nat. Bank.
do
do

1888

7
7
7

Portsmouth, Oreat Falls & Conway. Opened in
by Eastern Railroad, Massachu-

(V. 21, p.

J.
J.

N.

.T.

7

1872, and is leased
setts.

$l,370,u.,0.

&
&
&

.

22, p. 591.)

&

&"j. N. Y., Nat. B'k Com'rce. July 1, 1876
& N. N.Y., Del.&H.Canal Co.
Nov., 1921

";"{'

$500,000 of these bonds; balance in default. Decree
of tale made. (V. 80, p. 291, 453; V. 81, p. 78; V.

&

,

& O. New York or Richmond
London.
1875
& J.
1875
C& 7 Various Richmond, Office.
1881-'90
do
J.
&
J.
8
Richmond, Office,
A. & O.
1880 to '86
8
do
do
M. & N.
May 1, 1915
7
Aug., 1918
F. & A. New York and London
Farm.
N.
Y.,
L.
&T.
July
&
Co,
15, 1875
I'- J.
J.
do
do
Sept. 1, 1880
M. & 8.
7
do
do
Dec.
D.
1, 1891
J. &
7
do
do
•Tan. 1, 1892
7
J. & J.
do
do
July
1, 1904
A. & O.
7
Boston,
Treasurer,
Feb.
2,'i875
3128 F. & A.
do
do
May 1, 1880
M. & N.
7
do
do
Sept. 1, 1880
M. & S.
8
do
do
Nov. 1, 1902
M. & N.
8
Y., J«ndon
Frank,
Aug., 1899
8 g. F. & A.
do
do
May 15, 190O
8g. F. & A.
eg.

D6S.)

Pittsburg, Fort Wayne
Chicago.— ItAs road
was leased July, 186 1. for 99a years, to Pennsylvania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 1 per cent on |l!i.714,286
stock, whirh was increased at that time from
$1 1.500.000. The lease was transferred subsequently
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses,
Pittsburg, Fort Wayne
etc.
Chicago leases the
Newcastle
Beaver Valley and the Lawrence roads:
which in tnrn arc leased again by Pennsylvania Company.
New stock of $4,103,u00, issued to Penn.
Railroad for improvements, .tc, is under article 16
of lease; guaranty on old stock nol, affected. Net
earnings, ie"5, $8.S7S,398. Sinking fund for bonds,
$I,7I)3,8jO.
(V. 22, p. 588.)

Jan..

July 5
July 1
July
July
July
July
July
July
July 1
July 1.
July 1,
July 1,
July 1,
July 1.
July 1,

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

6-70 A.

Portland, Saco &. Porlsmouth-l^&asei March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec, 1875. to 6 per
cent for two years. (V. SI, p. 372, 431, .592; V. 82, p.

capital stock. Common stock, $2,508,700; ]st pref.,
$2,928,610; 2d pref., $3,000,000.
Net earnings,
1876, $73-3,964. Annual report, 18T0, Y. 8J, p. 619;
V. 23, p. 26 4.

1890
1876
1876
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
1912
N. Y., Winslow, L. & Co. Jan. 1, 1887
do
do
Mch. 1. 1884
do
do
do
do
do
do
do
do
do
do
do
do
do
do

t'-

799,900

5,500,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
19,479,653
4,000,000
0,000,000
1,017,000

Phila., Pa. RR. Office.
N. Y., Winslow, L. & Co.

,

J.

'

J.

& J.
& A.
U.& a.
A. & O.
M. & N.
J. & D.
J. & J.
F. & A.
M. & 8.
A. & O.
M. & N.
J. & D.
A. & O.
J. & J.
M. & S.
Philadelphia.
New York.
July 1, 1901
J. & J.
New York.
May 1, 1899
M. & N.
Jan., 1900
J. & J. Boston, First Nat. Bank
do
M. & N.
do
Nov., 1901
M. & N. New York and Boston.
May, 1891
J. & J. Boston, Columbian B'k. July 1, 1887
A. & O.
do
do
Oct. 1, 1887
do
Various
Sept. 1, 1891
do
Boston, Office.
July 1, 1876
J. & J.
M. & N. New Yoi'k and London. Nov. 1, 1889
J. & J. Bost., Eastern KB. Co. July 15, 1873
do
J. & D.
do
Dee. 1, 1892
Providence, Office.
J. & J.
July 1. 1876
do
do
July 1, 1880
J. & J.
M. & 8. N. Y., Union Nat. Bank. Mch. 1, 1882
J. & D. Cohmibia, First Nat.B'k
June, 1884

"'4'

1,200,500
1,000,000

1,000
1,000

g.

6 g.

0,000,000
3,147,600

100
100 itc.
500 &c.

185.5

1864
1864
1864

Ist mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880), coup., iuay be reg.

&

7g.
7g.

450,000
175,000
50,000

1,000

1864
1870
<t

8

1,092,000
500,000
500,000
67,778
299,917

1873

Preferred stock

2d mortgage, income
Equipment mortgage.
St. lyouis. Iron Mountain

7
7
7
7

7

&

J.
F.

7

508,480

1874

J.

,

7
7

1.57,800
l,708,.5OO

—

New mortgage
Boekford, Rock 1.
Pome, Watertown

1,000

A.

6
7
7
7
7
7
7
7
7

1,500,000
7,000,000
1,925,000
4,000,000

"uki

1871

when Due.
Stocks— Ijost,
Dividend.

F. & A. Phlla., Pa. RR. Office.
Aug. 1 1900
do
& O.
do
April 1 1913
M'nthly N. y. Agent, 57 B'way.
M(i>-, 1884

7
7

1%
1%

3!30,000

Lehigh— 1st mortgage

Mensselaer <£ Sai'atoga— Stock
Ist mortgage, con.solidatcd (for $2,000,000)
Pichmond it Danville ,Stock
State sinking fund loan
Bonds, guaranteed by State
ConsoUdated mortgage, coupon or registered
New geueral mort., gold (tor $0,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C, Ist mort., guar
Pich'd, hrederieksburg <£• Potomac Bonds, ster
Dollar loan
Cioupon bonds of 1881

Consol.

100

52

Portland, Saco d- rortsmoutli— Stock
Port lioijal (S. C.)— 1st mortgage, itouvertible, gold
Portsmouth, Gt. Falls <£ CojHca.i/— Stock
Bonds (not mort.) gnaianteed by Eastern RR
Providence it TForcc«(er—Stock
Mortgage bonds
Keading it Columbia Ist mortgage, coupon
2d mortgagH, coupon

Peading

1809
1870
1871
1871

100 &c.
5212 1867-9 500 &e.
,'J213 1870
500 &c.
521a 1871 500 &c.

—

<« Rocheslei
1st mort., s. f. (Portl. loan)
Ist mortgage, equal lien
(Portland loan) sinking fund
2d
do

Fortl.

&c.;

&c.
&e.
&c.
&c.
&c.
1 ,000

lev's 1871

7fon(/«— Principal,

Amoimt

Rate per When Where Payable, and by
Outstanding
Payable
Whom.
Cent.

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

Fitlsb., Va.

.

INTEREST OR DIVIDENDS.

OJ

Par

of

D

[September 3?, 1876.

it

Ogdensburg —The

last report,

in V. 22, p. 493, shows gross earnimjs in 1875 of
$1,167,824; expenses, $8S5,585; net earnings, $282,239.

The Lake Ontario Shore Road has been coui-olidated with the Rome, Watertown & Ogdensburg,
and
80,

p

is

in progress to Niagara.
3 1 1 ; V. 81, p. 412;

8, 163,

(V. 19, p. 169; V.
88, p. 493.)

V.

Rutland.—IjesseA January, 1871, to the Vermont
Terms modified m July, 1874. Default
made on rental, and lease again modified. (V. 81, p.
186; 190; V. 22, p. 809; V. 23, p. 110.)

Central.

St. Joseph it Denver Cily.—The road was sold in
foreclosure Nov., 1875, and re-organized under two
(V. 21. p. 40, 418^
companies. See V. 2.3, p. 1 82.
418, .505; \^ 83, p. 231, 297, 416.)
St. Louis, Alien it. Terre J/aute.— The main line—
Terre Hante to H.St. Louis— wus leased June, 1867,
for 90 years, to Indianapolis & St. Louis at 30 per
cent of gross caniing? up to $5,000,000 (but in no
year to oe less than $4.50,000). In 1875 gross earnings were tl,019.8;ff, against $1,254,186 in 1874. The
Belleville Branch and Extension earned net in IS75,
$103,661. Committees' report against Tilden and
others, purchasing committee, V. 23, p. 808. (V. 20,
p. 380, 516, 571; V. 81, p. 64; V. 22, p. 351.)
Gross
Southern
<ft
8t. Louis, Iron Mountain

—

earnings, 1875, $3,802,941; net, $1,613,923. Consolidation was made in 1874 with Cairo & Fulton
and Cairo, Arkansas & Texas. In March, 1875, the
company issued a proposal to fund three coupons
on all bonds except the old firsts, which has beeii
substantially carried out. (V, 20, p. 244, 616; V, 81,
p614; V. 22, p. 309, 3»(1.)

O

.

Stptemb

;

RAILROAD STOCKS AND BONDS.

r tO, 1876.]

XXTU

confer a (treat faror hy Klvinz Immediate notice of any error dIecoTered in titeee Tables.
£(md*— PrloelINTEREST OR DIVIDENDS.
DESCRIPTION.
pal. When Due.
Miles Date Size, or
Amount Rate per When Whore Pajrable,
Payal
Block*— UuA
and
by
Par
of
of
For explanation of column lioadlnifs, Ac, «ee notes
"
Outstanding
Snbscribers

at

tlic

nrlll

bead of

tlrst

pa^e of tables.

Road. Bonds

Value.

1870
1872
1870

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

Soutk' n-( dontinued)—
Arkansas Branch, Ist nioitf,'aKC, Kolil, land K^ant
Cairo, Ark. A Texas, Ist niort., K')1<1. coup, or reg.
Cairo & Fulton, Ist niort., Kold, on road and bind.
,S(. L., KansoM Oily <t A'.—.Stock ($12,000,000 prof.)
1st mortffape (North Missouri)
Real estate and railway 'id niort. (for iii3,000,000)
SI. Louis, Lawreni-r if Denrer—lut uiort., Kold
St. Louis iH Soulliriislern—lHt m., koUI. conv. s. fund
Consolidated luortjiase, Rold. sinking fund
Evansvillc, Kendcrson & Nashville. Istmort..
SI. Louis, Vantlnlia ,C Terre Jliiule—lut m. 8. f. giuvr.
2dniort., sink, fund ($1,600,000 faiar.)
St. raul>l l'aci/ic—iinini;h. Ist niort., on 10 miles
Ist mortnaKc Mt. Paul to Sank Rapids, 80 miles.
2d inort. on 80 in. and 1st on 1. Rr. of 307,200 acrs.
2dM. road & 1st I'd (jr.. West or main line (2d sec.),
Mort., West or main Hue, land grant
Ist raort, St. Paul & Paeiflo land grant
8i. I'aul (t Siotix (7i7i/— I'ref. stock, various issues..

St Louis Iron llomilain

100
72
300
582

Ist mort.,

iC

210
420

10
80
80

57
69

116
116
87
170
170
386
24
257

mortgage
2d mortgage
Syracuse Xorlhem.—lst mortgage
Sum-mil Brunch (/'«.)—Stock
Sunbury i£ Lewislon— 1st mortgage, gold
Terre Haute d; Indianapolis—^tocK
Ist mortgage
Bonds or 1873 (for $1,000,000)
1st

81
81

45
20

(V. 19, p. 37?; V. al, p. 372.)

—

St. Louis ffc Southeastern.
In default and In hands
of receiver. See report at length in V. 22, p. 18 0.
(V. 21, p. 197, 41S, 44a; V. 42. p. 88, 180, 691.)
St. Louts, Yandalia c6 Terre Haute.—The com.
stock is $«..378,450, pref. $1,4.51,700. This road is
leased to Terre Haute & Indianapolis at 35 per cent
of gross earnings. In 1875 gross earnings, $1,006,2^0.
Bonds guarantt'eo by Terre Haute & Indianapolis,
by Columbus, Chicago & Indiana Central, and Pittsburg, Cincinnati A St. Louis. (V 32, p. 520.)

*

St Paul
Pacific.— ttte bonds arc nearly all held
abroad, and an agreement for re-ori:aniztttion was
made by Dutcli bondholders Nov., 1875. (V. 31, p.
18«, 245, 442; V. 32, p. 88, 159, 209, 281; V. 2.1, p 233.)
Si Paul <t Sioux City.— This company has 756,992
acree of land unsold
In ls75 the rate of dividend
on stocks was reduced, and $l,ii20,00i) mort. bonds
were made, and arc mostly deposited as security
for the St ck. (V. SO, p. 544, 516; V. 28. p. 470.)

Sandusky, .Vamfidd & -Veisart.— This road is one
of the Baltimore .« Ohio system
it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
Ohio. (V. 19. p. 584.)
SavanruUi ct CAariMton.— Interest in default. Road
in hands of State (Jomptroller. (V. 20, p. 453, 491;
V. 81, p. 16; V. 2J, p. 61.5.)
Savannah et Memphis.— The road was in progress
bat becsme embarrassed after the crisis of 1873, and
passed Interest. & funding proposition was offered.
;

&

100 &c.

1871
1865
1875
1875
1856
1867
1871

8
2
7

2,301 ,000
.505.000

7

7
8 g.
2I3

750,000
694,000
793,000
1,000.000
200,000
,629,000
1,628,020
1

500,000
1,240,000

450,000

7

5,819,275
1,483,777

1

1,096,500
64,000

391,000
5,355,0(X)

750,000
1,500,000
500,000
1,500,000
600,000
1,500,000
3,340,000
1,252,000
14,346,000

625,000
3,892,300
399,000
300,000
416,000

1,000
1,000
1,000

50

3.50,000

270,000
500,000
4,125,000

1869
1873

1,988,1.50

1,000

800,000
800,000

Selma,

Jfai*lo/i

tfr

Selma,

Alabama

Rome &

&

sold.

7
5

4
7
7

A

New York Office.

J.
J.

do

do

do
do
O.
A. Pbiladelphia.Tretisurer.

May

1, 1876
1880

Jan.l, 1800
Sept. 1, 1889
Jan. 1, 1872
Jan. 1,1864

Apr.

1,

1887

Aug., 1876
do
Jul}-, 1901
do
D. N. Y. City Nat. Bank.
June, 1884
do
do
Oct., 1896
O.
O. N. Y., N.Bk. of Com'rce. Apr. 1, 1889
July, 1876
J. N. H., Nat. N.H. Bank.
do
do
S.
Sept. 1, 1880
N. Y., N. Park Bank.
Jan. 1, 1893
J.
J. U. S. Tieas., at maturity Jan. 1, 1898
J.

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

Defaulted 1872.

A
A
A

J.
J.
J.

Nov., 1901
June, 1891

May, 1871

Macon.

1886
1872 to '76

Boston, Eliot Nat. Bank July l,'83to'93
New York.
1885
N. Y., Central Pacific.
Jan., 1905
N. Y., D. L. A W. RR. Co, June 15, 1876

do
do
Oct. 1, 1876
do
do
June, 1887
N.Y.,rarmer8'L.AT.Co, July 1, 1901
A. Philadelphia A Boston. Aug. 16, 1876

I'-

F.

A
A

7
5
7

J.

a" J. N.Y.,Farmer8'L.AT.Co

J.

g.

A.

A

do

O.

do

Sept 15, 1876

1879
1893

July,

7

Re-

(V. 19, p. 366; V. 2i. p. 4a7.)

—

(V. 19, p. 40.)

tft Pottsville.—Le&aed February,
Northern Central at 7 iier cent on bonds arid
6 per cent on stock.
Sheboygan dt Fond du Lac.— This is one of the
Wisconsin roads in progress in 1873 which went to
default. A fundins plan has been offered.
Shenango it Alleffhany. This is one of the leased
lines of the Atlantic & Great Western, on which
"rental trust bonds" were issued.
The net earnings 1873 were $86,851.
AVk»'« Line. — Leased to New York A New Haven
at $100,000 per year. Old stock was exchanged for

—

in July, 1873.

Siovx City <fc i»(Ki(f<;.—This is one of the United
States Government subsidized roads. For year ending June 30, 1874, gross earnings were -319,819, and
net earnings $56,115. Pays 7 p. con pref. stock,
$lfi9.800. seml-annuallv, A. A O.
(V. 22, p. 545.)
Sioux City A St. Paul.— Thete arc also $.502,000 2d
mort. bonds, $146,000 equipment and $286,601) Income bonds. Net earnings in 1^75 were $75,746.
Lands unsold, 545,215 acres. (V. SO, p. 544; V. 22,

568.)
jSom^TW^.— This road is leased to Maine Central.
So'i'.h Carolina.— Qtofs earnings in 1875, $1,SM,-

operating expenses, $780,727; net earnings.
$448,.571 (a Uecrease of $66,881 from 1874.) Annual
report in V. 2*2, p. 398.
South (ft North .4'oftinMi.— Tills road is leased and
operated by the Louisrilfe A Nashville, which guarantees the bonds. Preferred stock, $1,500,000.
SouUusrn of Long /jJojMf.— This is succissorof
South Side, and operated with Flushing N. Shore A

302;

J. N. Y., Imp. A Trad. Bk.
O. N.Y.,Roddev, BellACo.
S. N. Y., H. Clews
Co.

Dec.
A. A O.
A D.

J.
J.

1863, to

p.

July. 1876

Philadelphia, OOioe.

Various
Various

ShaiTiokln Valley

new

N.

J.
J.
J.

Dalton. This was formerly the
Tennessee River. Interest in default

and road to be

J.

M.

J.
J.

Interest In default.
ilftf7n/i^t#.-

J.

%'

Sckuylki'i Fa//«i/.— Leased to Philadelphia A Readwith 10 per cent dividends.
Seaboard it Roanoke.— fid earnings year ending
M'lrch 1, 187.i, $IS1,152. Report V. 21, p. 276.
Selmi 6k Gulf.— The proposed line was Selma to

ceiver. .May, 1876.

to '75

IstN. Bk., Sandusky,
April! ,"1 876
July, 1002
J. a" J. N. Y., Union Trust Co
M. A 8. Charleston, Ist Nat. Bk. Maroh 1, 1877
New York,
Sept. 1, 189ft
M. A S.
do
Jan. 1, 1889
J. A J.
M. A N. N.Y., Lancaster.B.A Co. May 1, 1890

Q.-F. Charleston, 8.W.RR.B'k

ing,

Pollard, 100 miles.

1873
J.

London.
1882 to '88
A J.
New York.
1882 to '88
A J.
A. A O.
do
Oct. 1. 1902
7
Chailcston.
A. A O.
April, 1891
7
do
1980 A 1892
6
J. A J.
8g. J. A J. N. Y., Drexel, M. A Co. Jan. 1, 1890
6g. M. A N. London, Baring Bros
M. A 8. N. Y., Gallatin Nat. B'k Mar. 1, 1887
7
do
M. A N.
do
May 1, 1900
7
do
do
Nov. 1, 1879
7
M. A N.
N.
Y.,
VermUye
P. A A.
A Co. Aug. 1, 1899
7
do
do
Mar. 1, 1882
7,g. M. A 8.
May 1, 190O
7 g. M. A N.
A. A O. N. Y., P. M. Myers A Co.
1878 to '88
8
do
do
1890
J. A J.
7
6 g. J. A J. N. Y.,C. P. Huntington. April 1, 1905
Mar. 1, 1900
7g. M. A 8.
3I2
J. A D. Savannali, Cent. RR. Ga June 30, 1876

500,000
2,000,400
1,400,000

"ho

A

A
A
J. A
A. A
8
8
M. A
7
J. A
8
J. A
A. A
7
3
F. A
7g. J. A
J. A
7
A. A
8
A. A
7
4
J. A
M. A
7
6
J. A
6
J. A
M. A
M. A
4
7

869,4.50
l,()94,00a

959,500
917,000

J.

6

111,800
500,000
16,000 p. m.
576,050
1,278,400
210,000
16,000 p. m.
16,000 p. m.

1,000

500 &c.
100

Dividend.

"

J.
J.
J.

l"-

1 ,0.50,356

1,200,000

80
73

—

tees.

ido

48 >2
7
30
81

C. P.)

N'or£hern.—Jl&\t the siock

1,000
1,000

1868 Various
1868
500
1872
'500
1866
1868
100
1870
1,000
1873
1867 500 "ic.
1870 500 &c.
1B74 300 &c.
1869
1.000
1872 100 &c.
1870
1868
I'.odo
1868
1,000
1870 500 &c.

57

—

&

1871
1871
1871

183-

2d mortgasfc

is pref., 10 per cent yearly, but not cumulative.
Gross cjimlngs iu 187.5, tS.643,8:H; net, $517,279.
Floating debt. Jlj'ife.TTi, to bu retired witli second
mortgage bonds. (V. 40, p. 475, 571: V. 21, p. 160:
V.«. p. S42; V. iS, p. 2»3.)
St. Louis, Laiorence <t Denver.
Leased to Pacific
of Mo. Adeciaion of ranch it?terest to bondholders
jf leased roads was rendered byJudije Dillon la a
suit against the les.see for interest, but that suit was
discontinued, and another brought in name of Trus-

1,000

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

1865
1868

183

— Istmortgage, gold
Southern Pennsylvania — Ist mortgage, gold
Southwestern {On.) Stock, guaranrd 7 per annum.
Company lionds, eonvertilile into stock at par
Mus<-ogee KH, bonds, eonvertilile at 87^
by

500 &c.

1871
1864
1871
1869

242
242
242

SoutliernPar.ific (Cal.)

15,000,000
2,116,310
2,400,000

241.000
3,000,000

i'oo

(

Kansas City

1,000

50

122
124

it:

St. Louis,

i',6do

Whoom.

Payable

& D. New York, Co.'s Office, June 1, 1807
ds
do
Junel, 1897
&. D.
do
do
Jan. 1, 1891
& J.
J. AJ. N.Y., Nat Bk of Com'rce July iVi895
"l
do
do
Sept. 1, 1904
M. A S.
7
N.Y., Nat Bk of Com'rce
6g.
Not!,' 1894
M. AN. N. Y., O. OpdykeA Co
do
do
Aug., 1902
F. A A.
do
do
July 1, 1807
J. A J.
Jan. 1, 1897
J. A J. N. Y., Third Nat. Bank.
7
do
do
May 1, 1898
M. A N.
7
1892
M. A S. N. Y., Manhattan Co.
8
New York.
1892
J. A J.
7
do
1892
J. A D.
7
Iiondon.
7 g. M. A N.
M. A N.
do
7k.
7g.
7g.

83S,.500

28
45
40
32
50
50
105

—

—Stock

1870
1869

"28

il:

N. Y.

1,000

50
100

,50

Sioux City Pacific — 1st mortgage
2d mortgage (government subsidy)
Sioux City St. Paul— 1st mortgage, gold, I'd grant.
1st mortgage, currency for $2,1(X),000
Somerset— 1st mortgage, gold
South, Carolina— Stock
lat mortgage, sterling loan
do
dollar bonds, (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. i£ A'o. Alabama— 1st mort., endorsed by Alabama
Sterling mortgage, guaranteed by I.. & N
Southern of Long Island — 1st mortgage (8. Side) ...
2d mortgage S. Side (Ist mortg. s. fund)
Mort^g.agc bonds .Soutliern of L. I
So^tthern Central .V. I'.)— Ist mortgage
2d mort. gold ($400,000 end. by Lehigh V. RR.)..
Southern, Imra tt- Cedar Rapids — Ist mort., gold
Southern Minnenota — 1st mortgage

—
—

1,000

500
100 &c
500

100
100

—

<£•

1869
1853
1868
1869
1870

"40

—

Syracuse, Binghamton

1,937,500
5,.tl3.000

"50

ioi
40
23
80

inortgace
2d mort., Alabama & Tenu. Rlv. RR
General mortgage for $-1,000,000
Shamokin Valley <t I'otlseille Stock
Ist insrtgage, gold, on road and lands
Sheboyt/an d- Fond dn Lac 1st mortgage
Ist mortgage extension
Shenanffo (G Alleyhany— 1st mortgage
Shore Line (Conn.) fetock
Ist mortgage, construction lionds

2,6(H),000

l,077..50O

100

121
121
116
116
101

— Ist

$2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
1 ,000,000
1 ,020,000
3,250,000
21,000 p.m.
1,000,000
1.890,000

120,000
700.000

1.50

Schuylkill Yalley—Stoo^
Seaboard tC lloanokt—Stock
1st mortgage
Selma <t Oulf—lat mort., guaranteed by Alabama..
Selma, Marion it Memphis— 1st mort., eml. by Ala..

1,000
1,000
1,000

1862
1864
1868
1871

207
370

Ifermrk—RoorKanUoil stock

Springfield, Athol tC- N. B.— 1st mortgage
Sterling Mountain (.V. T.) Ist mortgage
Stockton i£ Copperopolis ist mort. (guar,

500 &c

1.58

new

Dalton

1,600

1872
1867
1867
1868

i.-sa

<£•

Home tt

'60^71

08

Savannah
Charleslon—V. & 8., guar, lij' S. C
Funded int. bonds, 8. & V. UK., guar, by S. Car...
Ist mort. Savannah A Cliarleston RR
Savannah <[ Memphis— 1st mort., end. by State

Selma,

1865
1874

3.54

Stock

Sandusky, Mans/tctd

Cent.

<f

Central under one management.
There are also
$60,000 6 p. c. mortg. bonds on Rockaway Branch,
$f>4,800 7 p. c. on Southern Hempstead Branch.
Southern Central.—Forms an extension into New
York State for Lehigh Valley, which company endor,- es $400,000 of second mortgage bonds.
South Iowa tft Cedar Rapids. In progress. Ottnmwa to Cedar Rapids. la.

and

—

Southern ifinn««)<a.~Soldandre-organizcd. Land
grant is about 1,790,000 acres. (V. 20, p. «3, 291, 571
V. 21, D. 78; V.23, p. 62.)
Southern Pacific {Cat.) This road is in progress;
built by a Construction Co., and controlled by
Central Pacific parties. The stock is $42,412,200.
In 1874-5. on 161 miles operated, the gross earnings
were $1,230,951 gold, sua net earnings. $730,461 goia.
(V. 22, p. 281. 375; V. 83, p. .304.)
Southern Pennsylvania.— This is a mining and railroad company, re-organized in 1872 aftrr foretlosore
nnder second mortgage. The road is leased by the

—

Cumberland Valley.
Southwfstern Woryia.— Leased to Central Georgia.
Dividends 8 per cent a year to every 10 per cent en
Central Georgia stock, but 7 per year is enaranteod.
Spring_fietd, Athol tt Northeastern.- ^"i^el earnings,
1874-5, $37,108.

(V. 21, p. 590.)
^v^t of road and
eariiin;s :8?2-3. $15,673.

SterUng Mountain.
$50J.4«8.

Ket

—

eqnipmsnt,

Stockton <t Copp«' /no M.— Defaulted July. 1874.
and old bonds of $1,000,000 exchanged for present.
(V. 21, p. 159, 160, 316.)
Syracuse, isinghamlm * Neto rbri.— Operated by
Del. L. & W. Dividend in 1875. 4 per cent.
Syracme Northern.— SoM in foreciosnre Jnlr, IS71V
Og. (T.
under a 3d mortgage and bought for R. W.

A

21, p. 160. 319.)

Summit BrancA.— This

a coal road, and leases
Lykens Valley. Noi earnings in 187.5, $498,841.
Sunbury tt Lewislon-— Sold March, 1876. Leased
to Penn. RR. (V. 22, p. 6««, 111, i»4, 257, 59?, 448:
V. J3. p. 180 )
Terre Haute
Indianapolis- Gross camiags,
1874-5. $1,011,570; expenses, $720X91; net earnings.

A

$-J91,275,

is

—

-

;

RAILROAD STOCKS AND BONDS.

zxvm

[September 8 > 1873.

Subucrlbers will coufar a great fairor by sivins immediate notice «1 any error diacovered la tlieae Tables.
Jimirf«— Prlnci -

INTEREST OR DIVIDENDS.

DESCRIPTION.

Miles Date Size, or
Amount
For explanation of column Ueadiugs, &c., seo notes of
Rate per When Where Payable, and by
of
Par
Payable
at tlio bead o{ tlrot page ot tables.
Eoad. Bonds. Value. Outstandinj!
Cent
Whom.

Texas tt Pacific— lut niort., gold, coup. (.$8,000 p.m.)
2dmort., cimsol., gold, coup. ($17,000 p. ni.)
Inoonio and land luort., rcg. (7,600,000 acres)
Texas Western— (Hnrvov/ g.)— Ist M., 1. gr., gold
Toledo, Peoria tt Ifaraaio—Stock
Ist preferred
2U preferred
l8t mortgage ( W. Dlv.)
1st mortgagi' (E. Div.)
2U moitgaRe (W. Di v.) convertible
Consolidated mortgage (for $6,200,000)
Ist mortgage (Burlington Div.)
Toledo, Tiffin it East.— X<it mortgage
Toledo, ^\^abash <£ Western Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (Toledo & Illinois)
l8t mortgage (Lake livw, Wabash & St. I^ouis)
Ist mortgage (Great W(!stcrn of 1859)
Ist mortgage (Ouiney & Toledo).
1st mortgage (IliinoiK & Southern Iowa).
2d mortgage (Toledo <t Wabasli)

444
444
444
50
247
247
247

11612 1866

Consol. niort., (on all except St. L. Dlv.) convert'e
2d consolidated mortgage, gold
1st mortgage, (Decatm* ifcKast St. Ix)Uis)

Hannibal
do

<fe

Naples— 1st mortgage
do
2d
do

Ijafayctto, Bloomington,

Lafayette, Muncie

ii

Bloomington, 1st mortgage.

Iroy

it 7J«s(ort— Stock
Ist mortgage, consolidated

227
10
24
628

1870
1871
1872

"75
167
177
29
27
75
167
180
242
525
628
109

1853
1853
1863
1865
1862
1858
1858

.

100

1,000

100 &c

1874

1,000

. .

.

Omaha

bridge bonds, sterling, iS500,000

Vnion Pacific, Central Branch — 1st mort., gold
2d mortgage (government subsidy)

1871
1866

100
100

—

'66-7-8

United N. J. Mil. d- Canal Companies Stock
General mortgage, coupon
United Co.'b mortgage, sinking fimd, registered..
do
sterliiig loan mortgage, sinking fund

do
do
do

do

do

do

do

dollar loan mortg.ige
bond to Stiite of Now Jersey
mortgage, sterl'g, s. fd. (i8138,500).
.'.
plain bonds
.

Joint Co. '8

—

1862
1868
1868
3012 1870
7)
7j 1868
1871
"67 1872
1873

,

Vlica it lllack Binei Stock
Ist mortgage borids of July, 1868
Mortgage bonds, 2d tssue
Vtica, Ithaca it Elmira-lat mortgage, sterling
Yalley (Va.)

—

140
140
140
140

4th do (not endoi-sed)
Special loan, funding mortgage
Termont it Massachnsetls—Sioc)i
1st mortgage (sinking fund $7,000 per year)
Convertible bonds
do
do

"80
77

80
I

Pacific.— K full acconnt of the company
Is given in the annnal report in Chronicle, V. 23.
Gross
earnings, 187') «, $!.5S4.h24; ope.at206.
p.
ing expenses, 4891, 88J; net carnmgs, $b72.748. (V^,
SO, p. B3; V. 81. p. 229, 824; V. 2i, p. 686, 607; V.

Tmat

23, p.

<ft

160,206.279.)

Texas Western..— TMs narrow-gauge
(See V.

progress.

23,

p.

1

road

is

in

Jy, 152.)

&

TTarstw.- Interest in default
1873.
Passed int.o receiver's hands
February. 1874. Foreclosure suits commenced IHT.").
<V. 21, p. 160, ST2, 505, 593, 614; V. 22. p. 159, 297; V.
2.3, p. 256.)
Toledo, Peoria

December,

Toledo Tiffin <fe Easl.—SoM in forcclosnre July.
(V. 2:1, p. 63.)
Toled
Wabash <8 TVcsfern.— Operations for four
years compared as follows
Gross
Operating
Net
earnings.
expenses.
earnm2*s.

1876.

,

WV*

.$4,2.34,214

$3,M9,rfi4
4,4 7,378

$7I4,4')0
1,331.429

Jgrs
IW'J

5.738,807
6.0il8.»78

4,3(15,144

l.ril.3.834

1871

5.138,666

3,776,828

1.969,8:18

7

A.

7

M.

250,000
861,000
15,000,000
1,000,000

7

J.

7

A.

"31-2

M.

i)00,000

7

2,500.000
2,496,000
500,000

7

F.
F.
F.

300,000
1,000,000
1,.500,000
2,500,000
600,000
2.503,000
2,700,000

675,000
225,(K)0

1,300,000
666,0tt0

£2(«l

2,-100.000

8

1,000
1,000

1

,600,000

U
6

1,000

1,(>00,000

19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
1.54,000

500,000

1,000

670,340
1,700,000
866,000
5,000,000
450,000
1(X),000

1,000

100

1,000.000
1,770,720

200,000
907,000
1,000

500 itc
500 A:c
100 <fec
100 Arc
1866-9 500 &c
1867 100 cfc<v
1872
1,000
1866 500 &c
1866
1,000
1866
1,000
1866 100 &c
1871 100 Ac
100
1865 100 &(•
1869
500
1872
1.000

1,500.000
3.000,000
3.000.000
1,500,000
500,000
3,000,000
1,500,000
1.500.000

444.100
1,508.600
717,.500

850.000
145.000
1.162.700
217.400
2,860.000
550.000
200,000
1.50.000

Pre-xidcnt,

:

—

—

A.
D.
O.
N.
D.
O.

&'

N.
A.

&

6
8

7
g-

2I3

New York,

Co.'sofflcc.

do
do
do
do

do
do
do
do

1, 1905
1, 1905

do

do

do

do

1915

1,

1870

1896
1894
188G
1910

April

1,
1,
1,
2,
1,
1,

Nov.
Aug.

1,
1,

1873
1890

Feb.
Dec.
April

May
June

N. Y., Office of Co.

1901
1902

New York and

M.

N. Y., Company's Office.

&
&

Q.-.

&
&
&
6 g. M. &
F. &
6
Due
7
6g. F. &
F. &
J. &
6
M. &
6
F. &
A. &
7
Og. J. &
J. &
3
J. &
7
J. &
7
7 g. J. &
J. &
J. &
J. &
M. &
J. &
M. &
J. &
M. &
J. &
J. &
J. &
A. <t
J. &
A. &
J. &
J. &
J. &

do
Loudon, L.

1

—

Union Pacific Centr.il Branch. This was formerly
tire Atchison &, Pike's Peak road.
Interest in default »iiice November, 1873. Gross earnings 1874-7-%
*11.3,5I9; expi-nses, 81S3.18S.
(V. 17, p. 588, 8.34; V.
20, p. 8,314; V. 81, p. 61^; V. 82, p. 111,645; V.23,

S. Fr.

Bk

Philadelphia, Office.

do

«g. M.

:

&

Boston
do

Mch. 1 1894
1887
April, 1896
May 1 1895

U.S. Trejis., at inatm-ity
1890, '97, '98
Phila. .and N. Y. Offices. July 10 1876

A.

Total sales to Jan, 1,
$3 6fi per acre, or $4()',4(i2.
1876. 1.082, -iys acres for *.'>,.33fi,014.
Land notes and
contracts on hand. January 1, 1876. $3.0:2,501.
The suit to recover for Government transp«rtat ion
was decided by the United Slates Supreme Court
in favor of Ihis company, Nov. 21*. 187a, including he important ruling that interest on the Government loan is not ayable till the prini ipal is
due
1896-99.
Abstract of last report V. 22.
p. 2o7. and government report to June .30. 187.5,
The annnal report gives no
V. 21. p. 467.
general balance sheet nor income acconnt.
Dividends at 6 per cent per year were begun in July,
an'l increased to 8 per cent October. 1^75.
The
United Staes Attorney-General has a suit pending
for $1,040,056 against *he company as 5 per cent
of its net earnings. (V. 2?. p. 314. a58, 405, 453. 492,
522. .M?. .586. .^94: V. 21, p, 64, 105, 345. 802, S72. 487.
5.36; V. 23. p, 1)!. 183, 214, 257, 400, 415, 47i, 545;
V, &. p 104. Hi. 208.)

1896 to 1899

U.S. Treas., at maturity

M.\fe
A.
A.

.M.

Mr. J, D, Cox, the
1, '75, default was made.
was appointed receiver Feb. 22, 1875.
Bold under consolidjted mortgage .Jane 1". IS-H,.
,375,4.6,645,591; p. :5''.)
CV. ii, p. 88, 182, 20", 334. 303,
V. 23, p. 16, di, 160, 301.)
Unitfd New Jersey liailroad dk Canal Companies.
TVoy cfc Boston. With leased roads forms a Ime —'1 lie Camden & Amboy Railroad and branches.
from Tioy, N. Y., to North Adams. Mass, In 1873 74 Delaware Ik, Raritan Canal, aurl New Jersev Railroad
perating expenses, form the United Companies of New Jirsey. They
rrofs earnings were |;.5.'iii,310;
^SS.sVfl. Ttiere are a few of old Ist and 2a"mort- were leased to Pennsylvania Railroad. Oct 20, 18T1.
at 10 per cent on stock and assumption of all liagage bonds yet outs anding.
bilities. In 1871 the gro-s earnings were $10,i 21. '88;
TVoy Union. A short road in Troy city. Bonds operating expenses. $7,098,4411; net. *2.933.039. leavleaned by city and guaranteed by several roads.
ing a loss to lessees of i|;:ji.l61 after paving interTucksrton.— From New Jersey Southern Railroad est and diiiden^ls. The loans due in February, and
April 1875. were paid oflf and bonds of 1871 increased
to Tuckerton, N. J. N.-t earnings 1873, J;7.759.
Unim PaeiJIc.—Grom eam'mtfs in 1871 were i!10,- by $2.3 ,0.0*10. issued in Loudon.
Utah Central.— S&M Lake to Ogden, In 187J-3
SB0.88<1; net efunlnTS. ;(i5.fMj7.5()r); gross carnin'j.' in
k87Bwere$l],<J}3,882, and n«t earnings $7,011,78<. net eamiogs were $206,358.

Feb.

&
&
&
&
&
&

«S- J^-^

The percentage of operating cxpenpes to gross
earnings was 41 '51 per cent ui 18r5 and 44 '05 per
cent in 1874. Land sale^ in 187,% 111,(49 acres at

m

J.

Jan.

& A.
do
do
Aug. 1, 1890
do
do
Aug., 1888
& A.
7
M. & N. N. Y'., Metropolitan BTt. Nov.'l, 1890
7
F.
&
A
do
do
Aug.
7
1, 1883
do
do
Nov. 1, 1878
M. & N
7
M.& N.
do
do
Nov. 1, 1878
7
M. & N
do
do
May 1, 1893
7
M. & N.
do
do
May, 1883
7
Q.-F.
N. Y., Office of (3o.
Feb., 1907
7
WInslow, L. & Co.
Feb., 1893
F. & A
F. & A.
N. Y., Office of Co.
Aug., 188»
M. & N
do
do
Nov.l. 1888
7
J. & J.
do
do
Julj-, 1890
7g. F. & A
do
do
Aug., 1901
do
do
Aug., 1901
7g. F. & A.
P. & A Troy, Company's Office. Aug. 1, 1876
4
1894
J. & J. N. Y., Nat. B'k of Com.
7
M. & S.
do
do
1882
7
6
A. &
Phlla., Safe Deposit Co. April 1, 1910
7
New York and Boston. Oct. 2 187tt
2

I'.ddo

1,000
1,000

&

New York& Phllad'pliia
N. v., FaiTU. h. & Tt.Co

Jan.,

680,000
408,000
36,745,000
27,236,112
27,236.512
14.157,000
7,500,000

500 &c
100

1871
1871
1866
1866

Equipment loans
Stanstead, S. & Chambly bonds
Income and extension bonds (to pay float'g debt).
Tiekshurg it Meridian— lut series (red endorsed)
2d series (blue endorsed)
3d do (black en dorsed)

J.

1,300,000
1,.500,000

i,(;oo,ooo

1,609,000
1,384,000
650,000

"73

it Canada
Stock
Bonds, giuiranteed by Vennont Central
Missisquoi Railroad bonds
Termon t Oentral—lut uiortgiige, consolidated
2d mortgage, consolidated

fermont

F.

100

1834-7

do
do
do
do
consol. mort. (siuk'g fund after 1880)
K. J. RR. <feT. Co., 2d loan (now 1st), plain
do
do Hd loan due State of N. J
Utah Central— 1st mort
gold.

7
7

N.York &I-ondon March
do
do
June

S. Phlla..

it D.
July.

J.

J.

2,()10.000

500 &e

eg. M. &
7g.

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

100
1871
1871
1871
1871
1871
1871

;

$1,428,000
6,556,000
5,032,000
10,000 p.m.
3,000,000
1,700,000
1,000,000
1,800,000

l,00tl

250 A:c,
100 Ae,

1863
1867
1873
1869
1868
1870
1871
1871

Convertible bonds.

—

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

18.59

Troy Union— 1st mortgage, guaranteed, Troy City
"i'h
Tuckertitn 1 st mortgage. j
29 1871
Vnton Pacijic Stock
1,038
. .
Ist mortgage, gold, on road and equipment
1,038 1866-9
2d
do
(govenimcnt subsidy)
3d
do
on road (2d on land), sinking fund. 1,038 1874
'Land giant bonds on 12,000,000 acres
1867-9

—

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

'ido

43
43
82
37
35
35

& Miss.— 1st mort

1,000
1,000

1(K)

110% 1864

(

.$1,000

ido
100

1161c 1866

mortgage Wabash & We«tem)
2d mortgage (Great Western of 1859)
Equipment bonds (T. & W.)
2<1

1875
1875
1875
1876

When Due.
Stocks— hast
Dh-idond.

pal.

do
London.
do

Philadelphia.

Mch.

1

Oct.

1

Mch.
Mch.

1

1

Feb. 1

1901
1894
1894
1894
1888

days after demand.
London.

1880
1878
1889
Philadelpliia Office.
Nov. 1 1889
N. Y., B'k of Commerce. Aug., 1 1878
Ovei due.
do
do
Salt Lake aty.
Jan. 1 1890
Utica.
June, 1876
July, 1878
Utica and New York.
do
do
July, 1891
rx>udon,H.S. King&Co. Jan. 1 1902
Philadelphia Office.
Princeton. N. J.

Baltimore.
Boston, E. Blake & Co.
Boston.Nat.Bk.of Rivim
Boston. Globe Nat. Bk.
Boston .Nat.Bk of Rcdm

Feb. 1
Jan, 1

June

1872
1891
1891
Nov.
1886
do
do
1891
do
do
1876 to 1889
do
do
Jan. 1, 1887
do
do
1902
Phlla Glrard Nat. B'k. Jan. 1, 1890
do
do
Jan. 1, 1890
Phila., Girai-d Nat. B'k. Jan. 1, 1890
do
do
Jan. 1, 1890
do
do
1880
Boston, Office.
Apr. 7, 1876
do
July 1, 1883
do
do
July 1, 1879
do
July 1. 1885
do
do
July
Jan.

1,
1.
1,
1,

'

,

Utica <t Black River .—Orof* receipts 1874^
$5"8.397; expenses, $251,660; dividends diabarsed,
$106,149. (W. 22, p. 207.)
Utica, IlJiaca dk Elmira.— The road was completed
November, 1875. The sinking fund is $30,000 yearly
from 1878. (V. 21, p. 16; V. V3, p. 16.)

—

Valley ( Va.). This road was bnilt chiefly by subOhio RR., Baltimore city, and
scription of Bait.
Virginia cotmtics. Operation i^f the road by Baltimore & Ohio was discontinued, and temporary lease
made to Shenandoah V;dley Kaiiroad. (V. 20, p. 16,
453; V. 21, p. 396; V. 2J, p. 463, 659, 591, 607.)

&

—

Vet^mont cfe Canada. TTnder lease to Vermoat
Central, and j>roposed to be sold to same for $3,000.003 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, 504; V. 20. p. 16. 141, 419, 445, 463, 492; V. 21, p.

Ui.)

Vermont Centra'.— In 1872 the Company went to
default on interest, and has since been in nnmerons
complications. A new corporation under the name
of Central Vermont has been formed, with f S.OOIi.OOO
paid-up capital, and assumed obJigatlons of the old
Foreclosure in progress on
Vermont Central.
(V. 20, p.
16, 141,
186. 314, 3:8,
2d mortga:;e.
492, 547 5 4. 616; V. 21, p. 38, 215, 418, 490; V. SS, p.
110, 8S9; V. S3, p. 40.)
Vickslurg <t J/eritfirtn.—Net earninss year ending March 1, 1876, were $194,099. Coupons ars paid
2 per cent cash, balance scrip. Coupons of July,
1874,

V.

and

April. 18.5. were passed.
V.23, p. o2.)

(V. 80, p.

6»1

SI, p. 207;

Vermont <S irassachiisetts.-Thls road Is leased to
the Pitchburg RR. Co. for 999 years, commencing
Jan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of all taxes.

....

RAILROAD AND CANAL STOCKS AND BONDS.

S.'ptember 30, 1870.]
SabscrlbJr*

confsr a great favor by glrlnz Immediate notice of any error d'eooTered in Itaeae Tables.

vrtll

DESCRIPTION.
For ozplunatlon of culumn
at tUo bciul of

Date

lioaditiKH, &o., eeo

llrst

page u(

3.^

IstooiiNOl. mortj;tvgu
Washitiylon Oily, Va. itul.

and

it at.

/SoiitAern—Stock..

O. & A. KR
M luoitgago,
O. & A. RR
O.it A. RR

4tli inortgiig<s
Funded interest,,

O.

&

We»( Jersey— Stock
I.«an of lHH;i, giuininteod by Camden & Amboy.
iBt mortgage loan
Ist
do
consolidated
West Wiecotutin Ist inort., gold, s. fd., 1. gr., eonv.
Ist moi'tgago, gold extension, conpon or regist'd .
Coiisol. bonds, gold
Western i( A Itantic { «o)— Income Bonds
Western (Ai«.)— 1st mortgage (Mont. & W. F.)
Western RR. bimdn, licfore consolidation
2<1 niort., guar, by Cent, of Oa. and Ga. RR. & B. Co.
Western ilari/land—lKX, mort., endorsed Bait. City.
let mortgage, nuendor«o«l

1871
1855

.

iC-

400.000

.500 ite

1,000.000
1.000,000
4,000,000

6
6
7

"di

64

300
45

48
48
14
14

—

60
60
148
118
148
148

Ist mortgage
Delaware d- lludson—Stook
1st mortgage, registered
do
ilo
do
do
Delwn tures <jf 1 S78
Mortgage loan of 1894, coup and reg

City. Virr/in'a

illdland

&

Great Soidh;J0

187.5,

3S.P

Westchester <t Philo'laiiMa.Sei earnings 1874-5,
(V. 33, p, 301)

$152,((o7.

West J«««y.— Gross earnings, 1S75, $«59,797; expenses, $:(,6,5I9; net, $391,287.
Net profit above

and

1868
1870

rentals, $95,089.

(V. 33, p.

23 i.)

VrMomwn.— The company defanl'od on

d »4,000,(X)0 gold fli-st mortgage land grant
bonds, of which $;i.r. ,50J are oatsUuiding; tfiio,0OJ
Southern extension bond^ of which trWCuOO are
held OS collateral security by floating debt creditors;
$2,530,000 8 ven percent gold consolidated bonds,
ie!*n

«f which $1,471,000 are held as collateral to the float-

ing debt. The other debts of ihe .company on Jan.
1, 1875, were as follows: Bills pay.ibic, Jsl,0sii,U21.
There are collaterals belonging to the company held
for these, as follows: Sou'hern cxtensi.m bonds
$370,000; consolidated bouds,tl,471,000; and 300 care;

7

920,000
750,000
600,000
1,200,000
200.000
4O0.0O0

10

1,000

500

1874

50
1856 Vario's
25

50
1858

100
1867
1869
1871
1873
1874

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

83
83

-

J.

R. Oan-ftt

& Sons

do
do

1896
April,

87ft

J

1900
1905
Jan.

1

May

1875

1,

1873:

Sept. 1, 1880-

1832
1903
1890
Pbiladelpbla, Office.
Jaly 10, 1876
do
do
April 1, 1891
Camden, N. J., Co's Oflloc Sept. 1, 1874
do
do
Mcb., 1883
do
do
Jan., 189Q
do
do
Oct., 1890
Kow York and London. Jan. 1, 1886
New York, Office of Co.
1902
Bait., R.

Garrett <]c Sons Mob.

do
do

1,2.50,000
l,5(!O.100
l,45(1.2O0

7

618,700
221,100
749.000

7

May

do
do

April

7
3
6

1,880,800
1,997,872
8,229.594
2,000,000
4,375,000
1,699,500
1,633,350

3

J

Bait., N.

&.

&

1,
1,
1,

g.
g.

"e'

5
6
6

4
7
7
7
7
7
li-J

t'6

do

do

do

Plilladclphia, Office

do
do

do
do

y. New York, J. M. I'ickrell
D. Bait., Safe Deiiosit Co.
Phila.,

DeHaven &

do

Bro,

do

1,
1,
1,

1890.

1890
1890'

Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
Jan. 1, 1890
April 1, 1893

Jan.

1,

180U

May

1,

1900

June, 1900
Oct., 1900
Jau., 1902

June, 1876

<k

London.
do
N.

1881
1886

Nat. B'k Republic
1896
Boston, Office.
July 1, 1901
Worcester, Olllco.
July 1, 1876

Y'.,

do
1881 & 1887
do
Globe Nat. Bank. April 1, 1893
do
do
Feb. 1, 1895

I

Boat.,

I

,

&D

J.
J. ii J.

Q- i.
Q-J.

F.

PhlladelpUia, Office,

do

do

Bait., A.

Brown &

Brown & Sons.
FbiliidelpUla, Office.
do

J.
J.
J.

4
6

J.
J.

F.

&
&
&
A:
&
&
i!.

D.
D.
D.
D.
A.
J.
J.

1894

1886

1870
1890
1885

Aug. 4, 1876July 1,1878
Aug. 1, 1876
do
1877
do
1884
do
1891
71 B'way. April, 1878
do
1894

do

N. Y., Bk. of Commeroe.

do
do
do
N. Y.

,

office,

do

PliiladelpUla, Office.

do
do
do
do

Q-F.
.T.

6
6
7
7

1,

June, 1873
July,

Sons.

Bait., A.

Q-J.

6g.

Bank. April

Bost., (iioi)o Nat.

London.

& J.
& A.
J. & J.
F. & A.
M. & N.
J. & J.
J. & J.
A. & O.
A. & O.
Q-M.
M. A S.
J.

4

Oct.

Mechanic*' B'k Jan.
do
Jan.

Ilagerstown.

& O.
D.
^ J
M. & N.
J. & J.
J. & J.
J. & J.
Various
|a. & O
IF. & A.
A. & O

Oct. "76 to '91

Savaimab

Bait., (j'ompany's Office,
Bait., N. MeehanicH' B'k

A.

J.
J.

lie

do
do

do
do

A.'&O.

6

2,000.000
4,692.500
762,779
41,550
1,063,000
744,000
1,004,300
103,000

Now York
do
do

&
&
&
&

7 g.
7 g.
2
6<St7
7

400,000
900,303
700,500

Atlanta, Co.'s Office.

J.

O.
O.

.t
.t
&.
&.

iH
6

&
&
&
&

ii.

J.

3,.'S81,963

1,000

6

7
"7'

39:1,000

50
1862

8

M.

5.000.000
10,218,350
794,000

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

8

A.
A.

8

800,000
20,000,000
1,500,000
3,500,000
5,000,000

1,000

J.

6
7

1,789,800
350,000
250,000

500 &0.

When Due.
aioekt—lMKt
Dividend.

do

do
do

S.

Q-J.

8

6
6
8
6

4,61S,.500

100

g.

J. Bait.,

N.

6

3,200.tM)0

100 &0.
100 Ac.
100

do

M.
M.

6

1,000,000
1,200.000
350,000

&c.

O. N.Y., Bull's IIea<l Bai k.
O. N.Y., Del., L. i W. Rk
do
do
O.

J.

6
6

l,400,OtHl
HOO.tKK)

500 &c.
100 &o,

by

7g.

other items of debt, $1,826,141.
Earnings, 1874,
$884,921); operatingexponses, $BW,107; neteamings,
$187,812. For fall particulars see V. 20. p. 77, 391,314;
V. 21, p. 396; V.33,p.531; V.33.p.304.

Pbiladelpbla, Office.
.

do
do
do

Sept. 2,

1876

1894
1884
1897
1897
1877
1882
June 1, 1911

do
do
do
do
do
do
do

18'J2

Plttsbnrg, Office.
N. Y., N. Bk. of Com'rce.

Jul}-.

July

1,

1870
1887

Foreclosure pending. (V. 20, p. 358, t88, SSS,
1.37, 592; V. 23. p. 183, 591.)

1875

647; V. 21, p.

Rail-

WUminglon it IFtidon.— Leased December, 1S7S,
to Wilmingt n, Columbia
Augusta road at 7 per
cent on slock. Lessee assumes all liabUities. (V..
23, p. 1 6 )

Wexterii Mitrylaiut.— This company was largely assisted by the city of B iltimorc. which has also

Wisconsin Central.
Defaulted July. 1875, and
funded 9 coupons. Has since b«ilt 100 miles and
has 2H in progress, paid for out of bond s iles since

Western

Alabama.— %o\(!i

in foreclosure, April 19,

and bought by Central Ga. and Georgia

roads.

(V. SO, p. 398, 405, 445.)

bought Its overdue coupons. The only bonds remaining In default for iuteri'st to their holders arc
the second preferred unendorsed. Annual report
for Inst fiscal year to September 30, 187.5, shows
receipts, $293,718; expenses, $194,420; net
receipts, $99,298.
The linancial condition SeptemberSO, 1875, was as follovvs; Liabilities Stock subscriptions, $(>8;l,fi:J2; funded debt. $.1,675,000; total
liabilities, $4,473,451.
Assets Cost of old road and
gi-oss

&

default.

i,V. 20, p.

330.

—

appurtenances, $2,104 3:>8; cost of new road,
$1,889,483;: suudry individual in ebtedness, $2,846;
Union Railroad Coinpaiiy. $2,500; loss on sale of
second preferred bonds, i4!k.5no; construction and
cqnipment, «57,28S; sinking fund second mortgage
city endorsed, $30,000; ha'ance »36,911— total assets,
$4,473,451.

(V. 22, p.

207

)

Western JVorth Cir:)ti>ut.—io\Aiji foreclasnre, June
33, 1875, for $835,000.
(V.20, p. 314,453; V.31,p.40.)
Western

Pennxylvania.— The

Pennsy'vania HR.

lessee owns $972,650 stock out of the total :imouDt
of $1,023 450. $148,000 of branch bonds, and all of
$!,2.J0,0Ofl general mortgage bondjs; act earnings
187,% $182,059.
(V. 22, p. -,406.)

WU lanutoi eft rarAoro. —Road in progress.
recent financial information.

No

Wliminqton Columhit <fc X«<)"/«<7.— Leases and
operates the Wil.& Weldon. In i8!4 5 ne. arnings
were $18:3.2''", inclttdi 11; profit on W.& W. Coupons
1

of Do-., 1875, are unpaid.

«ft Re'iHng, — This
road was lu progand defaulted on second mirtga^je after criias
Default on first mortgage was made April,

Wilrnin(/ton
ress,

of

vV. 33. p. 15.)

187:^.

291, 571;

V.

21, p. 345, 824.)

Nashui.—'Set earnings 1S74-5, $178,Guarantees the stock and bonds of Nashua ^

Worcester

<fe

Rochester, leased.

—

inter-

est dne Jan. 1. Isr.',, nnil funded nine coupons from
that date. The following is fro n the olUcial etatcnieni: Hiiice its organization the company has

610,000
2,500,000

300,000
600.000
875,000
1,000,000

1871

1872
1871
1872

187.5,

were originally t400.00J 1st Us, and |;60U,000 3d 8s,
some of wiiich have been exchanged for general
mortgjige bo[ids, but are deposited in escrow only.
Interest la in default, and tae pr.:8ident, Mr. John
fi. Barbour, was appointed receiver in Jnlv, lt!7(i.
(V. a*, p. 15, 5'.)!.)
Western A AUanlie—Thia road Is owned by State
of Georgia, and leased at gWJOOO por annum
J^esseos have issued the iucome bonds. (V. S3, p.

West

1870
1870

4'

300,(X)0

50

do extension, convertible till December, 1877...
(Consolidated mortgage, loan
GrocnwocHl mortgage, registered
Uonongaheta Naetgation Co.—Stock
lut mortgage

iulerest

1868
1870
1872
1870
1863
1865

($2,310,000 assumed C.RR. of N.j.)

expunsus, *6ri,167; net earuinjs, $(01,The company has been asnisted by Bait. &, O.
612.
Coopous on O. & A. .'d, 3d and 4th mortgages are
overdue. The 1st and :itl mortgages placed together

1,600

1867

'

tl,03:j,!t80;

1,000

1866
1870
1858

& W. Coal Co)

«rn.— Gross earnuigs year ending Sept.

500 &o
500 A;o

1873
1875

<(.•

WashlnyUm

1873

181
181

—

&

7g.

1,500,(K)0

600,000

Nasbua<so Roeliester— Stock
do
do
Istm., guar, (for 1^700,000)
C\N AL,.
Chesajieakc d: Delaware Stock
Ist mortgage (originally $2,800,000)
Chesapeake
O/tio— Stock
Maryland loan, sinking fund
Uuai-antoi'd sterling loan
Bonds liaviiif,- nc.\t preference
Detatcare Division Stock

WallHU Valley.— Thia road w.19 foreclosed nnder
a eecond mortgage and Bold November, 187i. (V.
SI, p. 443; V. 22, p. 42, ?01t.)
Warren (N. J.).— Leased to Delaware, Tjickawanna
Webtcra at 7 per cunt on stock and bonds. Net
earnings in lti75, t^ill.OSd.

"7

1,650,000

7

188

Nashua— ^loi:k

g.

8

4

1861
1866
1869
1871
1872

&
&
&

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

6

6&8

700,000
578,839

1,359,7.50

28
'"4

23,000 are 7 per cent)

I»an

2,692,539
1,200,000
651,000

1,100,000

.57

—

Mort. loan,

100

1867
1873
1871

A.
A.
A.

\I. &. S.

100 &o
50
500 &c

i

Jiehigh Coal it ^V«ptf/rt(to«—Steck
loan, eonv., coup., gold (assumed 1...
iBt mortgage, registered
lut mortgage, registeieil, railroad

7

31a

"27

XL'S

Wllminglon it WeMlon Stock
Sterling bonds
do
do
Sinking fund bonds, gold
Wiseonsin C'eK(cn/— 1st mortgage, gold, land grant.
i£

7

7,50,000

526,500
82 1, .300

204
138
116
44
160
90
90
90
90
90
90
90

.

.$700,000
1,800,000

600,000

187.5

/ionrfu— Pi-inollal,

•

500 &o

38
63
172
32

2d
do
endorsed by Baltinmro
2d
do
endorsed by Wiwliiiigtou County ..
2d preferrctl mortgage, unendorsed
3d mortgiigc, guaiante.eil by Baltimore
4tli
do
for Baltimore City sUwk
Western North Carolinii—lHt mortgage (E. Dlv.)
Western PcniiSj/loaHia—ltit mortgage
Ist mortgage, Fittsburg BrancU
General mortgage
WiUUimstOH
Tarooro—lsl morcg e
WUminglon, Columbia d Augusta Ist mortgage...
Income bonds
Wilm Inglou it Heading— lat mortgage
2d mortgiige, coupon or registered

INTEKKST OR I>l VIIJKNDS.
Rate per WUen Wlicro Parable, and
~
Payable
Whom.
Cent.

6DI3 187X

GO

—

(.$1

1871 $500&c
100
1870

310

330

WeslcKester <t rhUaUcli)hm—l'votaii-cd stock
Ist inortgiige, new

Bonds
Bonds
Bonds

0\itstauding

A.

iBt moitgago, O., A.
Oen. moi;t., gold, Wiisli. (\, Va. Mid. Ut. Sontb'n
I>ynolibiiri{ ii Danville, 1st inort., guar., coup

Worcester

Amount

1858
1860

RR
& M. RR

&

Par
Value.

18.5.'}

lid moi-tK!if?i),

l8t

of

18
18
18

IDOI'tgllgO

81x0, or

Bonds

uotcd

tt.blca.

WalkUl ValUy (iV. r.)— let mortgage
Warren (A^V.)—Stock
V
'2li

zzix

(V. 31, p.

590;

V. 23, p. 645.)

c\y.\v.
Chesipe'tke <f Z)«'a!oar«.— Delaware City to CheaoCity, Md. (V. 18, p. 582).

peake

Chesapeake A Ohh.—Qroif receipts, 1875, f 473,218,
Paid oa bonds, $2)3,940, (V. 21, p.
77.)
Delnjcare Dif— Leased to Leh'gh C. * N. Co., at
interest on bonds, and 8 per cent a year on stock.
Del it Iladsrin Canal —ThU Co., which is among
the largest miners and can lers of coal, leases the Alb.
& Susq. ttuJ ReiLss, & Sar. Uaiiroads. Also endorsee
bunds of N. Y. & Canada RIS. Annual report for 1876,
V. 2>, p. 4!t9; V. 2;, p. 101, 303.

net, $254,175.

T/'hlyh Coal <t Kavlgallon.—QToei receipts in IBTB$1,819,085; expenses, int. and dividends, $1,914,378^
exc-ss of the latter, $65,191. The Central R.R. of
N J. assum ;s (in purchase of qnipmcni). $3,3Iil.0Oi)
of the gold I lan duo 18 "T, Icaies the Lehigh & Snsquehanna Rail lload, and operates the Lehigh Canal.
The I.ehi-li.feWilkei'-Barre CoiU Co. assume* 4i,5(!0,-

mx) if the „-old loan due 1»9;. and *«22,(KX) (all) of th»
convertible cold loan dufs 1891, and b&s also leased
'ho coal lands of the Company. (V. 23, p. 23 9.)

.Y ncrufohfla

Navigation

/>bmjK}n^.— RecelptOL

1075, tl»ti,57S; expenae8,$80,4£7; dividends,

^,^1

— —

;

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

XXX
Subscribers

nrlll

confer a Kreat favor

DESCRIPTION.
For explanation
at

tlio

toy

bIvIdb Immediate notice of any error dUcovered In tbeae Tables.

INTEREST OR DIVIDENDS.

Date

Miles

of
of cohinin beadlncs, Ac, see uotca
Canal.
tlriit page of tables.

bead of

8'^^^/^

of

Bonds

Amo,int
Bate per When Wbere Payable, and by
Outstanding
Cent;
Payable
Value.
WTiom.

CA N A E.— 4'onllnaed.
iforri*— Stock, consolidated
Preferred stock
Now mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend
i'ennsy/van ia Stock
l«t niortKage, interest g\iarantoed by Penn.
Bchuylkill Xavigalion Stock, common
Preferred stock
J Kt mortgage, extended

—

—

103
103
103
103

327
327
108

KB

$100
100
1876
1865 various.
1869 various.
50
1867
1,000
50
50

$1,025,000
1,175,000

1,000
1,000

1,709,380
3,990,392
1,148,000
260,000
756,650
628,100
2,002,740
1,000,000
1,320,000

6

325,310
250,000
3,000,000

6
7

12,000,000
18,000,000
1,500,000
10,500,000
4,000,000
1,740,000
1,107,500
584,000
661,000
900,000
598,000
10,250,000
412,000
363,000
137,000
498,000
500,000
480,000
3,947,000
2,000,000
2,492,000
1,000,000
1 ,000,000
1,000,000
10,000,000
5,000,000

2

yd mort gage

W ortgiige bonds

1870
1883
1864

Improvement bonds
Boat and car loan
Boat and car loan
Susquehan n a — Stock
mortgage
Maryland loan,
'

i',6oo

1,000
1,000

45

M

common bonds, 3d mort
pref., 3d. T. W. priority b'ds
do
bonds of 1872
do
TTm'oji— Ist mortgage
lti>.>OELt.ANiiUI7S.

50

Susi^ucbanna Caual,

1872
85

Adams Express Company— Stoc\c

A.merican JCxprtss —Stock
American Coal (Maryland)— Stoc)i
Attmitic
Pacific Telegraph- Stock
Jtosto n Water Power
1874
Mortgage bonds (for $2,800,000)
'Canton Improvement Company — Stock
1873
Sterling bonds (sinking rand one-fiftU of laud sales)
1874
MortKag(( bonds, gold sixes (for $2,500,000)
Uuioii KK., l8t mort., cud. C. Co. (s.f., rents on $220,163)
do 2d mort., g., end., (». f. ground rents on $144,800)
Consolidation Coal of Maryland—Stocii

100
100
25
100
100

<£•

i

1st mortgage (convertible)
Ist mortgage, consolidated, convertible
'Cumberland Coal aud Iron— 1st mortgage

2d mortgage
do
Iron Comnani/—Stock

do

4tU mortgage
8t. Louis Tunnel KE.— 1st mortgage sterling,
2d mortgage
do
do
'ilariposa Lan d <t Mining Company—Stooti

s.

fund.

fund

sink,

—

Preferred stock
Mortg.ige bonds (for $.500,000)
Ilaryldnd Coo/—Stock
Mercantile rrHS(—Ucal estate 1st mortg.agc bonds
.Paeijic Mail Steamsliip Company—Stoik
Bonds, coupon or registered (for $2,000,000)
Pennsytean ia Coal Stock
1st mortirage bonds

—

li

£200
1,000
500 &c.

500 &c.
100

1864
1872
1852
1869

1,000
1,000

1868
1871
1871
1874
1875
1873
1875

1,000
1,000
1,000
r,ooo
1,000

1,000

£200
ibo
100

—

Producers' Consolidated La jid
Pullman Palace Cat Stock

1,000
25

100

Cumberland Coal it
Dunleith d Dubuque Ilridi/e—BomXn sinking fund
Illinois <t St. Louis Bridge— Xat mortgage coupon
2d mortgage, coupon
3d mortgage, coupon

1875

1,000

1876

100
500 &c
100

1876

1,000

50
1861

ioo
100

Petroleum- -Btociz

Bonds, 2d series
Bonds, 3d series
iBouds, 4tli series
'Bonds, sterling debenture, convertible
Bouds, delienture
.

.

.'

—

Quicksilver Mining Company Common stock
.
Preferred stock
2d mortgage, gold
Spring Mountain Coa/—Stock, guar'd 7 p. 0. byL. V. BE..
•Untted States Express—8toQ^

100
100

"50

Fargo dt Company Express—Stoa"^
Union Telegraph— 3Xf>e^
1872
Real estate bonds, gold, sinking fund
1875
Bonds, coup or reg., oonv. till May, 18S.5, s' f. 1 p. c
Sterling bonds, coup, (sinking fund 1 percent, per annum) 1875
'VUhesbarre Coa?—Stock

100
100
100

'Wells,

''Western

iforri*.— Leased April, 18 .0, to Lehigh Valley Rail•

roid for 999 years. The lessees assuming bonds and
ecnp, and paying 10 per cent per annum on preferred
et«ck, and 4 on consoliaated stock. (V. 12, p. 714).
Pennsylvania C in'jZ.— Worked in interest of Penn.
guarantees interest on bonds. An old
mortgage of -90,0(X) is due in 1S87. Gross receipts
18TS, (441,659; payments, including interest,|&c.,

RR. which

•

3138,997.
Schuylkill

-

Navigati'm

Comp'ny.— Leased from

&

Reading for 999
to Philadelphia
ye«rs, at annual rent of te.l.'i.O '0, including -ertaiu
real and personal property convejfed to Philadei hia
Reading. (Last annual report in V. 'S, p. 493.)

June

1870,

1,

&

Tide Tro<«r.— Leased and operated
«y Philadelphia & Reading Railroad for interest on
bonds and half of net earnings.

Susquehanna

<t

Union Ojna'.- Stock,

»8,907,850.

miSOEliLANEOVS.
Exprets Company.— A reference to the
«ttit of I)lnj«ore and others in V. 19, p. *70.
Americn Ooa'.—The report for 1875 showed gross

Jdami

cecelpts, $885,916; net, t-9,C16.

.

28, p.

180.)

<* Pacific Telegraph.—Ot this stock the
Pacific Railroad holds $2,420,01H). Annual

Atiaafic

^uilon

(

report V. 22, p.
667;

V.

8.3,

1,000
1,000

£100&c
100

422.(V.

(>0c. in

3,15r),().50

&

sc F.

6
6
6

6
7
o'

6
6

3
4
10 8.
7
"e'g.

6g.
21a

7
6
6
6
6
8

7g7g.
7g.
10

agio

do
do
do
do
do
do
do

& J.
& J,
M. & N,
M. & N,
M. & N,
J. & J
J. & J
J. & J,
J. & J
M. & N

Fhlla.

4,
4,

1876
1876

V.

22, p. 488,

;

Canton Improvement Co..—The annual report for
year ending May 81, IS:'!, is in V. 82, p. 613. Of the
$2,500,(X)0 mortgage $6 0,000 is reavrved to pay ster-

The Company owns

$594,000 stock of
of $600,000, and giiarauteos
(V. 20, p. 314, 546; V. 22, p. 6 1 3.)

Union Railroad Co. out

Can/ Improvement C%).— Assets April,

1875, $298,-

—

Conso'idation Coa'. Annual report for 1875 in V.
p. 279, showing gross receipts, $8,618, 178; expenses, $1,876,408; net, $"71,776. Oonsol. mortgage
bonds are held to retire old bonds. Guarantees also
bonds of tlie Cumberland & Penn., and assumes
$l3i,00D Un. Mining Co. bonds. (V. 22, p. 879, 415,

471; V. 83. p. 207.)
Illinois <fc St Ltu^s Bridfjs.—lntercBt passed July,
1875
'The Bridge anrl Tunnel Railroad are in hands
of Messrs. Morgan and Humphreys, trustees. (V
20, p. 544; V. 21, p. 349; V. 23, p. 14.)

Mining O?.— Assossmont of Jl

Jan.Vi'885'
Jan. 1, 1878

do
do
do

Jan., 1894
Jan., 1902

May

Philadelphia, Office.

1,

1883

Aug. 1, 1876
July 3, 1876
J.
do
do
S.
Mar. 10, 1876
New York, Office.
1872
Nov. 12, 1872
Boston, Office.
D. Ist coup, due Dec, 1875.
Juno, 1884

M.

&
&

J.

&

J.
J.
J.

&'"J.
J.
& J.

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

Office.

London, Brown, S. & Co Jan.
New York or London. Jan.
London.

S,

N.Y.,Co.'8 Office, 71 B'y.

1904
1904

March

1876
1885
1897
Jan. 1,
1879
Feb., 1879
New York Offlc*.
Oct. 15, 1875
N. Y., by 111. Cent. KE.
Nov., 1893
1900
New York and Loudon.
July 1, 1901
do
do
do
do
Mar. 1, 1886
do
do
do
do

J.
J.
J.

A.
O.
N.
O.

&

1,
1,

1900

N.

J.
a.
J.

do
do
do
do

15,

Jan.,

St. Louis.
S. Morgan

J Lond.,J.

<Sc

Jan. iV"l888

Co.

J.

St. Louis.

J.

New York.
New York and London

Various

Jan. 1, 1886
Jan. 31, 1876
In 5 years.

Sept., 1869
March, 1886
Aug. 1, 1876
do
Aug. 1, 1881
do
July 20, 1876
New York Office.
N. Y.,Farm. L. & T. Co. Aug. 15, 1876
May 15, 1881
do
do
do
Feb. 15, 1887
do
Aug. 15, 1892
d">
do
April 1, 1885
do
do
do
do
Oct. 15, 1878

N. Y., Ill Broadway,

N. Y., Company's Office.
1879
N. Y., Company's Ollice. June 10, 1876
New York, Office.
Adg. 15, 1876

New York, Office.
July 15, 1876
New York, Office.
Oct. 16, 1«76
N. Y., Union Trust Co,
May, 1902
N. Y., Treasurer's Office
May, 1900
London, Morton, E.& Co March 1, 190<>
Pliiladelpliia.

?er "hare

is

delinquent -Tune

3, 1876.

(V. 80, p. 477

V. 23, p. 118.)
Mail Steamship Co.— Change of management, May, 1876. Report of old Board, V. 22. p.
22, p. 211, 305, ii28;

Pacific

543.
V.

(V.
p.

82,

31, p.
42, 857,

40. 207, 231, 2-8, 324, 349,
281, 305, 363, 513, S43, 691.)

396;

Pennsylvania Cba/.— Tl'.is company operates a rail •
road of 47 miles connecting its coal mines with
Branch of Erie Railway and Delaware & Hudson
Canal at Hawley. Dividends in 1874 were 45 per cent
a year. Floating debt, $625,000.
Pullman Palace Car Compo/iw.— Pull report in V.

467.

21, p.

694; liabilities, $165,009.

22.

1889

Feb.,

JulyVioiO
Aug. 1, 1876
Aug. 1, 1876
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915

and Baltimore.

Q.-M. N.Y.,Compan.v's
J.

Oot.Vi885

do
do
do
do
do
do
do

do
do
do

M. & S.
7
C!)
Q.-F.
5,000,000
5
484,500
F. & A.
7
2,500,000
Q.-J.
2
Q.-F.
5,826,200
298,000
M
M. & N.
F. & A.
434,000
8
F. & A.
996,000
8
A.
& O.
144,000
?^A. & O.
598,000
4,291,300
5,708,700
384,000
J. & J.
I'- J. & D.
1.500,000
2&8I4S,
7,000,000
4
5,000,000
J. & J.
lia
33,787,475
Q.-J.
1,498,000
7g- M. & N
M. & N.
4,000,000
M. & S
1,030,000
3,400,000
M. & N

21, p. 63, 277;

do
do

Philadelphia, Office,

A.

J.
J.

.

A

Aug.
Aug.

do

Phll.idelphia, Office.

1»3

7
3

p. 160.)

Mariposa Land

Dividend.

BB. Co., PliUa

do
do

Q.-M.

J.

CD

4,400,000
1,695,000
20,000,000

&4

bonds.

A. Loh. Val.
A.
do

A."&0.
7
236,965
F. & A.
7
103,164
4,480,405
J. & J.
"e
3,000,000
949,748 3&C. in sc F. & A.

Water Power Co.— Annual report in V. 22,
94. A stock increase of 25 per cent was voted
ov., 1875.
(V. 21, p. 511, 591 V. 23, p. 183.)

ling loan.

&
&

F.
F.

Bonrf»— Princiwhen Due.
Stocks— 'La»t

pal,

(1)

Boston.

its

[Sept. 30, 1876.

Quicksilver

Mining Compon v.— Annual report for

2J, p. 303. See
V. 19, p. 584; V.20, p. 141, 429, 538; V. 22, p. 233. 303.
Spring Mountain Coal Company. This is guaranteed 7 per year till 1885 by Lehigh Valley RR.
Uniteit Stales Bxpress.—'Sew stock of $1,000 000
issued. (V. 8.', p. 159; V. 83, p. 87.)
Western Union Telegraph.— knnu&l report, V. 21,

1K<5.

with balance sheet, &c., in V.

—

369. The company

holds $7,287,735 of its own
In May, 1876,
& Atlantic Company,
and leasedlt. (V. 21, p. 6, 369, 372, 5B9; V. 88, p.
I3», 175, 182, 257, 3fi8, 563, 591 V. 'ii, p. 63, 87, lOf, 880.)
p.

stock,

making the

total $41,073,410.

purchased control of Southern
;