September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE...

28
nkstirrs' OP THE COIHIHEBCIAL kW VlMMUl CHRONICLE. PUBLISHED ON THE LAST SATURDAY OF EACH MONTH Famished Gratis to all Subscribers of the Chronicle. [Bntered sceordlng to aot of CongrMs, la the year UK, by Wx. B. Dwa. & Co., la the oillce ot the Ubnrian of Congreu, WuhlaitOD, 0. 0.1 ^_ , . __ 1 NEW YORK, SEPTEMBER 30, 1876. INVESTORS' SUPPLEMENT Cammerrial Dtili jFinanrial Cljramclt. 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. It furnished without extra charge to all regular subscribers of Tira Cbbonkcle; no single copies are sold at the office, as a sufficient supply is printed for subscribers only. Transient advertisements are inserted at twenty-flve cents per line; adrer- tifiements by the quarter, six months or year, at special rates. IJiTESTMENTS IN SEPTEMBER. The attention of our readers is invited this week to the extended list of prices given in the Chuoniclk, under the head of "General Quotations of Stocks and Bonds." In this list, which will be published once a month, an effort has been made to bring together in alphabetical order, all those stocks and bonds which have anything more than a local interest, with prices for such as can be quotftd ^even with an approximate de- gree of accuracy. It should be clearly understood, however, that in many cases it is impossible to give anything more than a nominal or approximate quotation, as probably two-thirds of all the stocks and bonds given in this extended list, covering six full pages of the Cuuonicle, are never sold at any stock exchange, and the dealings ia them are limited to occasional sales at auction and to private transactions between brokers. It is intended in this list of prices, as in all other departments of the Chronicle and Supplemekt, to give»the facts just as they are, and by no means to state figures as accurate or official if they are only approximate, estimated, or nominal. To show the matter clearly in each case, a foot-note is given " Price nominal ; no recent transactions" and a reference to this note will be made opposite all those prices which are thus quoted approximately. Bank and insurance stocks in leading cities have been included in the list, as they belong to classes which are not purely local in their nature, and occupy quite differ- ent ground from city railroad stocks, or stocks of merely local companies for manufacturing, mechanical, or other purposes. Any ^^information, in correction of errors which may from time to time appear in this or other parts of the Chronicle or Supplement, will be esteemed a favor, as there is no assump- tion of infallibility in our publications, and a friendly and open criticism is invited as one of tho beat methods of ensuring ultimate accuracy. In the investment field the most important event has been tho offering of the $40,000,000 of the U. S. 4^ per cent loan by the syndicate of bankers who took it of the Government. The loan was offered simultaneously here and in London, and although no official statement of the result has been issued, it is understood, from members of the syndicate, that the offering was a success. In England and on the continent of Europe a 4^ per cent government loan may obtain the subscriptions of private in- veeioTB, but in this country we cannot yet expect such a resnlt, as the rates of interest have been too high and all ordinary investments on real estate mortgages or the bonds of companies have usually ranged from 6 to 7 per cent. It may be anticipated that the principal demand here for low-interest government bonds must come from banks and other financial institutions, whose funds are necessarily placed in the most conservative investments. In Htate bonds good progress has been made in funding the old Alabama debt, and upwards of $2,500,000 of the new bonds 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, were sold at 111.07, which maybe considered about the best price for a city loan, as the credit of Boston stands at the highest point. 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 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," and for a small purchaser, the bankers who negotiate the loans should be able to give all desired information. In railroad securities the recent decline in the stocks of coal- carrying roads, which had been held as the safest investments, has given rise to a loud demand for more information. It is useless to expect that the managers of railroad companies will voluntarily publish full monthly statements concerning the finances of their companies. All tho experience of the past ia against the idea, and it is useless to enter upon a tirade against the directors and officers of railroads for not doing what they are not required by law to do, and what they know will injure their prospects ot making money out of the stock and bonds of their companies by an intimate knowledge of their affairs, which the outside public does not possess. The simple question arises, is it right and desirable that railroad and other corporations should be compelled by law to make public frequent reports of their earnings, expanses and financial condition ? For instance, would it be just and advisable to have a law passed by the Legislature of a State to require every railroad company operating within its territory to publish, shortly after the close of each month, a statement of (1) gross earnings ; (2) operating expenses; (3) monthly charge for interest, leases, rentals, &c. ; (4) new issues of stock or bonds made ; (5) increase of Heating debt, and any other specified items necessary to give a thorough view of its net receipts and actual financial position? The subject is an import- ant one in social science and political economy, and la an open question for the discussion of our law-makers, there being strong arguments on both sides. In real estate mortgages the companies and the loan agents at the West report a good demand for bonds during the past sum- mer and up to date. There are four corporations now in the field selling real estate mortgage bonds, with the addition ot their own guaranty in some shape as further securitythese are the Equit- able Trust Company, Mercantile Trust Company, and United States Mortgage Company, in New York, and the New England Mortgage Security Company, in Boston. Of these, the first two sell bonds secured by mortgage on specified pieces of real estate and bearing the absolute guaranty of the company on the bond. The two last named take mortgagee as security and sell theirown direct bond, which is based on the whole amount of mortgages held by the company. The United States Mortgage Company his sold nearly all its bonds abroad, while the others have operated chiefly in this country, although we are informed in the case of the Equitable Trust Company that large amounts of its bonds have been taken in London, where the Messrs. Baring Bros, are its correspondents.

Transcript of September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE...

Page 1: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

nkstirrs'OP THE

COIHIHEBCIAL kW VlMMUl CHRONICLE.PUBLISHED ON THE LAST SATURDAY OF EACH MONTH

Famished Gratis to all Subscribers of the Chronicle.

[Bntered sceordlng to aot of CongrMs, la the year UK, by Wx. B. Dwa. & Co., la the oillce ot the Ubnrian of Congreu, WuhlaitOD, 0. 0.1^—_

, ,—. __1

NEW YORK, SEPTEMBER 30, 1876.

INVESTORS' SUPPLEMENT

Cammerrial Dtili jFinanrial Cljramclt.

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.

It i« furnished without extra charge to all regular subscribers of Tira

Cbbonkcle; no single copies are sold at the office, as a sufficient supply is

printed for subscribers only.

Transient advertisements are inserted at twenty-flve cents per line; adrer-

tifiements by the quarter, six months or year, at special rates.

IJiTESTMENTS IN SEPTEMBER.

The attention of our readers is invited this week to the

extended list of prices given in the Chuoniclk, under the

head of "General Quotations of Stocks and Bonds." In this

list, which will be published once a month, an effort has been

made to bring together in alphabetical order, all those stocks

and bonds which have anything more than a local interest, with

prices for such as can be quotftd—^even with an approximate de-

gree of accuracy. It should be clearly understood, however, that

in many cases it is impossible to give anything more than a

nominal or approximate quotation, as probably two-thirds of all

the stocks and bonds given in this extended list, covering six

full pages of the Cuuonicle, are never sold at any stock

exchange, and the dealings ia them are limited to occasional

sales at auction and to private transactions between brokers. It

is intended in this list of prices, as in all other departments of

the Chronicle and Supplemekt, to give»the facts just as they

are, and by no means to state figures as accurate or official if

they are only approximate, estimated, or nominal. To show the

matter clearly in each case, a foot-note is given—" Price

nominal ; no recent transactions"—and a reference to this note

will be made opposite all those prices which are thus quoted

approximately. Bank and insurance stocks in leading cities

have been included in the list, as they belong to classes which

are not purely local in their nature, and occupy quite differ-

ent ground from city railroad stocks, or stocks of merely local

companies for manufacturing, mechanical, or other purposes.

Any ^^information, in correction of errors which may from time

to time appear in this or other parts of the Chronicle or

Supplement, will be esteemed a favor, as there is no assump-

tion of infallibility in our publications, and a friendly and open

criticism is invited as one of tho beat methods of ensuring

ultimate accuracy.

In the investment field the most important event has been tho

offering of the $40,000,000 of the U. S. 4^ per cent loan by the

syndicate of bankers who took it of the Government. The loan

was offered simultaneously here and in London, and although no

official statement of the result has been issued, it is understood,

from members of the syndicate, that the offering was a success.

In England and on the continent of Europe a 4^ per cent

government loan may obtain the subscriptions of private in-

veeioTB, but in this country we cannot yet expect such a resnlt,

as the rates of interest have been too high and all ordinary

investments on real estate mortgages or the bonds of companies

have usually ranged from 6 to 7 per cent. It may be anticipated

that the principal demand here for low-interest government

bonds must come from banks and other financial institutions,

whose funds are necessarily placed in the most conservative

investments.

In Htate bonds good progress has been made in funding the

old Alabama debt, and upwards of $2,500,000 of the new bonds

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,

were sold at 111.07, which maybe considered about the best price

for a city loan, as the credit of Boston stands at the highest

point. 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

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,"

and for a small purchaser, the bankers who negotiate the loans

should be able to give all desired information.

In railroad securities the recent decline in the stocks of coal-

carrying roads, which had been held as the safest investments,

has given rise to a loud demand for more information. It is

useless to expect that the managers of railroad companies will

voluntarily publish full monthly statements concerning the

finances of their companies. All tho experience of the past ia

against the idea, and it is useless to enter upon a tirade against

the directors and officers of railroads for not doing what they are

not required by law to do, and what they know will injure their

prospects ot making money out of the stock and bonds of their

companies by an intimate knowledge of their affairs, which the

outside public does not possess. The simple question arises, is

it right and desirable that railroad and other corporations should

be compelled by law to make public frequent reports of their

earnings, expanses and financial condition ? For instance, would

it be just and advisable to have a law passed by the Legislature

of a State to require every railroad company operating within its

territory to publish, shortly after the close of each month,

a statement of (1) gross earnings; (2) operating expenses;

(3) monthly charge for interest, leases, rentals, &c.; (4) new issues

of stock or bonds made; (5) increase of Heating debt, and any

other specified items necessary to give a thorough view of its net

receipts and actual financial position? The subject is an import-

ant one in social science and political economy, and la an open

question for the discussion of our law-makers, there being strong

arguments on both sides.

In real estate mortgages the companies and the loan agents at

the West report a good demand for bonds during the past sum-mer and up to date. There are four corporations now in the field

selling real estate mortgage bonds, with the addition ot their ownguaranty in some shape as further security—these are the Equit-

able Trust Company, Mercantile Trust Company, and United

States Mortgage Company, in New York, and the New England

Mortgage Security Company, in Boston. Of these, the first two

sell bonds secured by mortgage on specified pieces of real estate

and bearing the absolute guaranty of the company on the bond.

The two last named take mortgagee as security and sell theirown

direct bond, which is based on the whole amount of mortgages

held by the company. The United States Mortgage Company

his sold nearly all its bonds abroad, while the others have

operated chiefly in this country, although we are informed in the

case of the Equitable Trust Company that large amounts of its

bonds have been taken in London, where the Messrs. Baring Bros,

are its correspondents.

Page 2: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

STOCK AND BOND TABLES.NOTES.

Tbcso tables are expressly Intended to be nsed in connection wltli tlie information concerning InTCStment matters, publlsliea from week teweek 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 Statement" 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

fcy 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«. ^ "

STATE SECUEITIES<nh»crlber« will confer a great r»vo' br arlvliat Im'ttcdlwce nacice o( any error dUeovnred In tlieoe Tabled.

DESCRIPTION.

For explanations see notes above.

Alabama—State bonds, due in 1872 and extended

do extended ,do do

Bterling bonds of 1850, extendedSterling bonds, extended

do dodo do

Bonds of 186(5Bonds of 18«8New 8 per cent, loan of 1872

do do 1873Railroad substitution loan, gold (Act Apl.,'73)Substitution bonds ($8,596,000 authorized) .

.

Bducatiunal funded debtDirect loan to Montgomery & J3ufaul(i.RRDirect loan to Alabama Ji Chattanooga KR. . .

Railroad bond IndorsementsState certificates and Auditor's waiTants. ....

Arkansas—Funding bonds of 1809 and 1870Levee bonds (or warrants)Old unfunded debt, including interestTen year b'lls (for $2,500,000) Act May 29.'74Becuretl siuldug fund bonds (Act. Dec, 1874)To Memphis & Little Rock Railro.'idTo Little Rock & Fort Smith RailroadTo Little Rock, Pine Bluffs & N. Orleans RR.

.

To Miss., Ouachita & Rod River RailroadTo Arkansas Central RallioadState scrip

California—Soldiers' reliefState capital bondsFunded debt bonds of 1873

Contiecticitt—War bonds, 10-20 year

] a _•

do 20 year o -^

do 20year y&c-Sdo 10-30 year | 5 gdo not taxable, 20 year J^ u

Dislrictof Columbia—Permanent Improvement, gold, coupon or reg.

do do currencyFund, b'ds (U.S. guar.,Act8june,'74&Feb.,'75)Market house bonds, couponPotomac water Ijonds, couponWashington funding, goldOther Washington debtCorporation of Georgetown

Floriaa—State bondsConsolidated gold bendsLoan to Jacksonville, Pensacola & Mobile RR.

eeoraia—Atlantic & Gulf Railroad bondsBonds, act of Mar. 12, ISOO (West. & At. RR.)Bonds, act of Sept., 1870, gold (int. quarterly)Bonds, act of Oct., '70, gold (int. semi-annual)Bonds, act of Jan. 18, '72Bonds for fundingBonds to fund coupons on endorsed,bondsRR.end'sem'ts(oiily $2,418,000 aeknowledg'd)Bnm.swick & All)any Railroad direct l)ond8.

Date of Size orBonds. par

Value.

1872 $100&c.1866 100 &c1866 100 &c.18701866186618071866 100 &c.1S68 100 Ac.1872 1,0001873 1,0001874 1,0001876 100 &c.

'isio1870

1870 to '71

1869 to '70 1,0001871 100 &c.

1838 to '39

187518741869 1,0601870 1,0001870 1,0001870 1,0001870 1,000

500 Ac.1870 to '72

1873 500 &c.

1861 100 &c.1863 1,0001864 1,0001864 1,0001865 100 &c.

1872 500 &c.18731874 50 Ac.1872 50 &c

1871 to '73 1,0001872 100 &c.

1828 to '68 ....

18711873 1.0001870 1.000

Various. 5001866 500 &c.1870 1,0001870 1,00018721873 250&C.1876

1870 to '71

1870 i,6bo

AmountOutstanding

$168,1,941,473,688,64,82,

648,877,500,650,185,

1,192,2,500,2,810,300,

2,000,9,193,998,

,000,000,800,000,800,500,000,700,000,000,000,000,000,670,000,000,000,133

3,200,0001,986,7731,975,465276,500256,000

1,200,0001,000,0001,200,000600,000

1,350,0001,398,512

95,500500,000

2,801,000

509,400877,000

1,318.500568,500

1,741,100

4,000,000677,300

13,743,050152,400476,000

1,812,3001,235,824252,317

350,000884,500

4,000,000

900,0003,600,0002,098,0001,880,000307,500

1,100,000500,000

7,545,9001,500.000

INTEREST.

Rate.

5556g.5 fe-

6g.

i«-8887g-

2&C"8

88

67

16'

677777

5&8

6g.

66666

6g.7

3-65776 g.

5, 6, 7-36

7

8 g.

67

?«•

87

M. & N.M. & N.M. &N.June 1.

J. & J.& J.& J.& J.& J.& J.

M. .fe S.

J. & J.

J. & J.

J. & J.

When Where Payable and byPayable whom.

& J.& J.

J. & J.

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

J. & JJ. & J.J. & J.

J. & J.J. & JJ. & J.A. & OA. & O.

J. & JJ. & JF. & AJ. & JJ. & J.VariousVariousQ.-J.

J. & JJ. & J

F. & A,J. & J.Q.-J.

A. & O

A. &"0J. & J.

J. &"n

New York.dodo

London. Union Bank.dododo

New York.dododododo

New York,do

N. Y., Union Trust Co.do do

New York, Latham, A. & Co.N. Y., Union Trust Co.

do dodo dodo dodo do

8acr.imento, Treasury,do dodo do

Hartford, Treasury,do dodo dodo dodo do

N. Y., First National Bankdo dodo do

Washington, D. ado

New York and WashingtonWasiilugton, D. C.

do

N. Y., Importers' & Tr. B'k.do do

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

N. Y., London or FrankfortNot paid.

N. Y., Fourtli National B'kN. Y., Foiuth N.at. B.ank.

N. Y., Fourth Nati0n.1l Bk.

Not paid.

Principal whenDue.

May, 1892May, 1886May, 1886Jmie, 1890

18861886188618861888

Jan., 189218931894

July 1, 1906

1889

18»91900

1899190019001900

AprU, 1900

188318»1893

July, 1881Jfvn., 1883J.an., 1884Oct., 1894Oct., 1885

July 1,1891July 1.1891Aug. 1. 1924July 26, 1892

Oct. 1,1901 to '031892

Jan. 1, 1908

1878, '9, '80. '1/6Jnly, 1886Oct., 1890

1892April 1,1877 to '86

July 1, 1896

Dec, 1890

Alabama.—The State proposes substantially that30-year bonds, dated July 1, 1870, bearing 2 per centfor 5 years, 3 per cent for next 5 years, 4 per centfor next 10 years, and 5 per cent for last 10 years,be substituted for old bond-^, without any allowancefor past-due coupons. In New York the exchangeof old tends may be made till Novenber, and sub-sequently at Montgomery. Ala. & Chatt. endorsedbonds may also be exchanged (for $1,000,0 ofthe new bonds) at London. Eii;ht per centssigned by Govornors Lindsay and Lewis can only beexchanged at Montgomery. The Sttite has been indefault since January, 187-i. Tlie value of all taxa-ble property le given at $1110,000,000; tax rate, 'y,mills. The assessed valuation of real estate in 1875

H-. 22, p. no, isr, aos, 5ji;was $83,851,252. (V. 20, p. 139. S.3a, 570, 581; V. 21,

p. 27ti, 294, 3i2, r" "" " " ~~""

V. 23, p. 39, 40.)

Arkamas.—Rate of taxation, 10 mills. The State

le in default for interest, except on the ten per cents

Iff lo74 aud secured sinking fund bonds, issued

under ^hc law of December," 1874. Assessed valua-

tion of taxable property, «94,0J5,213. The total

Interest overdue July I, 876, was *4,127,68^ makingtotal bonded dfbt. Jlli.gOj.Slii. A Board of Piiiance

was appomtcM in January. 1875, to ronfer with bond-holders of the S'.-ite and ibey issued a notice as

quoted in V 2^. p. 161 ; also statement of finances,

V. 23. p. 174, See Cukonicle, V. 19, p. 1117, 189.

637; v. iO, p. 139, 161; V. 21, p. 466, B90; V. 23, p.

l74.

Co^i/brntrt.—California finances appi^ar t> be in aparticularly sound condition. The State h«lda in

truet for School and University funds the $500,000Capitol bonds and *2,O68,O00 of bonds IHTii. Totalvaluation of property, 1874, over *t)00,000,(K)0. Trtx

rate, 50 cents per $100. As the debt is now prac-tically extinj^uiyhed, the Governor adv'ses thegradual c;mcellatiou of the bunds held in trust andtiic purchase of foreign pc ;uritic!* iu their place.

(V. 19, p. 3 of advertisements; V. 19, p. 3a.)

Conmctlcut.—The debt of Connecticut vtm nil

created for war purposes, and has bei-n redncedsince 1866 from $10,0O.i.UC0 to the present flfjurt'S bysinking fund pu'chaae^. The 1 61 bonds are pay-able at pleasure since July, 1871, and those of 1^04

since October, 1B74. Assessed va ue of real andpersonal property, $351,783,469; rate of taxation, 1

mill.

District of CW^/.tTiWa—The total aesefised valueof taxable real estate in 1875-wa.s$!H,45-*,(i84 UnitedStates Attorney-General Pierropont rendered anopininn that the fuith of the United Siatcsis plcdi2:ed for the payment of interest on the8.65 )onds. but conflictini; legal opinions have beenrendered as to the right of New Yi.rk savi itrs b inksto inve:^t m the.-ie, as povemment eecurities. Theintercft 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

I been provided for by the Sundry Civil bill. (V. ;30,

p. 83. See also V. 19, p. 15. fil, 142. 189, 477; V.20, p. 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".

P. and M. k^n, the total debt is tl,lit9,r00. Realand personal property are valued about $35.000 000;tax rate, 7 milla. The loin to J. P. A M. KR. issecured by mortgage on road, and the question aa tothe Sta e's ol>ligati()n to the bondholders was beforethe United States Supreme Court, and decided inDecember, 1875, (V. 21. p. 691). in favor of theState; no interest has been paid on these bondsfor some years past, and a decision of the StateSup erne Court holds them unconstitutional. (V.2a,p.4t)6; V. 22, p. 158,233.)

(HoTq^a.—\n June. 1876, S'O^COO bonds sold topay overdne coupons on recognized bonds of Macoo& Brunswick and North & ^onth Riiilroads. TheSta e Legislature declared void all the semi-annualgold bonds of 1870 ($l,88J.O00). and $102,000of 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 SuBrun-wick; $liH,0K) Ala. & Chatr.; S240,C0i No. &So. Ga.; and $3'.000 -Memphis Branch. Assessedvalue of property in 1874, $i7:^,000,OOU; in 18:5, $231,-755,8'i4; rate of tax, four mills. Macon & BrunswickRailroad eudor.-ement was declared valid by Legis-lature of IvS7'. but the later issue of 860<MO0 wasdecl ircd void by the Leglslatnre in 1875. Gorernor**Meeeage, V. 28, p. 8T- ( Y. 22, p. 440, 590, 614.)

Page 3: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

Septimb r 30, 1876.] STATE SECURITIES.

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

DESCRIPTION.

For explanation seo notes on first pago of tables.

Illinois—Interest UondH, Inscribed stockKefuntied utocU bondsNoriDiil University bondsThornton loan bonds.War bonds

Indiana—Bonds, short loando dodo do

Beliool fund bonds (nou-negotlablo) . . . .-

Kansas—Bonds, 18G1 to '60, fnndlnK, <toKonds for various State purposes >

Military loanXjOuisUtna—Bonds for relict of State TreasuryBonds In aldof vai'ious railroadsLevee bonds—Act 35 of 1865

do Act 115 of 1867do spooial—Act 32 ot 1870

Bonds fundlufi connonsdo to Boeuf & Crocodile Navigation Co. .

.

Issued to .State I'enitcutiaryto fund floatin/i debt of Stat«to Mississippi *fe Mexican Gulf Canal.,to Northern Loiiisinna & Texiis RK. Co.school & si-iuinary, held by St. Treas..to N. Orleans, Mobile & Texas RR

do do doN. O. Mob. & Chat. RR. bonds, end. by State.CouBolidatcd funded bonds

Maine—CivlUoan bonds

) g,jWar loan bonds °-^Bounty loan bonds > SfS

do do S«Municipal war debt assumed JOi.

Marylami—Baltimore & Ohio R.iilroad sterlingChosapeaUe & Ohio Canal storllnRSusquehanna & Tide Water CanalRailroads and canalsKastem tshore KailrtuulBaltimore & Susquehanna RailroadChesapeake & Ohio Can.ilBaltimore & Susquehanna RailroadAnnapolis & £1 krid^o RailroadDefense Bounty IjoanDeaf and Dumb Asylum jjoanMaryland Hospital Ix)an, 10-15 yearsMarj'land State Loan

Massach ityetts—Lunatic llospital (Western Massachusetts)...Back Bay Landd I>oanUnion Fund LoanCoast Defense Ix)anBounty Fund LeanBounty Fund Loan ;

do do sterling

dododododododo

War Loan, sterling^...Troy & Greenfield Ralli'oad loan, sterling.

dodododododo

dodododododo

homosterlingsterlingsterlingdollar bonds

doSonthem Vermont Railroad LoanNorwich ilk Worcester Railroad I^anBoston, tlartford & Erie Railroad, sterling..Harb«r Land Improvement (.5-20«)Danvers Limatic HospitalLunatic Hospital. WorcewterNew State Prisons, sterlmg

UUJUf/an—Renewal Ix)an BondsTwo Million I»auWar Bounty BondsSalnte Marie Canal bonds

Date of Size orBonds. par

Value.

1847 $.......... 1,000

1,0001,000

••r'" 100 &e.

1873 5,00018751870

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

1853 5001,000

1866 1,0001867 1,0001870 50018l>6 100 &c.1870 1,0001869 1,0001870 1,0001869 1,0001869 1,00018.'>7 1,0001870 1,0001871 1,0001869 1,0001874 100 &c.

1851 to '61 500 &c.1863 500 Ac.1863 1.0001864 500 &o.1868 100 &c.

183818381838

Various.1839 .,

1837 ....

18391839186818711872 100 &c.1873 ....

1857 1,0001861 to '62 500

1862 1,0001863 1,0001863 1,(KX)1864 500 &c.1864 £100 .fee

1869 £'J0O1858 to '61 £200 &c1861 tn "63 500 &c.

1868 £1(X)1871 200 &c.1875 £500

1873 to '74 1,0001875 1,(X)01860 5,0001857 1,000

1868 to '60 £2001874 1,0001874 1,0001875 1.0001875 £500

1858 1,0001863 1,0001865 1.0001859 1.000

Amountoutstanding.

$921,060286,00023,0O086,000

142,300

200,900200,000510,000

3,904,783

101,175739,000346,000

132,.500578,000303,000578,000792,500114,70080,00087,000

1,806,000260,00053,000

184,00070,000

2,500,000875.000

9,300,950

71,000385,000307,000

2,330,0002,827,000

2,028,8882,,551,444435,000156,61531.069

269,000528,785298,43562,015

3,333,583225,000330,000454,361

50,000220,000600,000888,000200,000

4.379,.')00

4,000,744999,944554,180966,,500

2,9.")2,400

5,.598,9121,500,000700,000

1,300,000200,000400,000

3,599,024400,000900.0O0750,000

1,292.280

104,000822,000358,00046.00O

INTEREST.

Rate.

'•30

5 g.5 g.

5g.i g-•- g.

5 g.5 g.

5 g.

i?-5«.

5655

J. & JJ. & JJ. & JM.A S.

J. & J,

Various

Various

July.J. & J,

J. & J

.L & J.VariousVariousM. AN.M. A S.

J. A J.J. A JM. A 8.

M. A N.M. A S,

A. A O.VariousJ. A JA. A O.

J. A J.

VariousM. A 8,

F. A A.J. A DA. A O.

g.

g.

g-

g-g.g.

r, g.5 g.

WhenPayable

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

do dodo dodo do

New York,dodo

A JA J

J. A JQ.-J.

A. A OmQ.-J.

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

J. A D.M. A N.J. A J.

J. A J.J. A J.

M. AN.M. A N.J. A J.

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

J. A J.

J. A J,

.1. A .J.

A. A O,,1. A J.

J. A JJ. A J,

.1. & J.

M. A N,J. A J

J. A JJ. A JM. A N,1. A .1

Where payable and bywuom.

N. Y., Donnell, L. A Co.do dodo do

N. C,

N. Y

N. O.,

N. Y,

N. C,N. Y,

N. O,N. Y.

Louisiana Nat. Bonk,do dodo do., Wlnslow, L. A Co.do doIx>ui8lana Nat. Bank,do do, Wlnslow, L. A Co.do doLouisiana Nat. Bank...Wlnslow, L. A Co.Citizens' Bank of La.., Wlnslow, L. A Co.

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

Augusta and Boston.Bostou, Suffolk Bank,

do dodo do

Augusta and Boston.

London, Baring Bros,do dodo do

Baltimore, State Agent,do dodo dodo dodo dodo dodo dodo dodo do

Boston, Treasury,do dodo dodo dodo dodo do

London, Baring Bros.do dodo do

Boston, Treasury.London, Baling Bros.

dodo

dodo

Boston, Treasury.dododo

dododo

London, Baring Bros.BostOQ, Trca«tiry.Boston, Treasury.do do

London, McColmonts.

N. Y., Am. Exchange Bank,do dodo dodo do

Frinolpal whendue-

Jan., 1878Varione

Jan., 1880Jan., 1880Jan., 1860

Doe. 1, 1876AprU 1,1878

1879

1883 to tM1877 to '99

1884 to '99

JnJy, 18931872 to 1906

1886May 1, 1907March 1, 187S1886 A '88Jan. 1, 1890March 1, 1909Hay, 1910

189919091897

July 1, 1910April, 1911

Jan., 1914

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

180018901865

1880 A 189018901890188518901890

1875 A '931885 A '89

April, 1882 to '87

Jnne, 1877May, 1880

July, 1877 to '78July, 1883July, 1883May, 1894May, 1894JiUy, 1889

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

April, 1882July, 1891Jan. 1, 1895

Jnly, 18«1 to '94July, 1895April, 1890July, 1877

Jan. A July, 1900Jnly, 1804July, 1994May. 1895

Jan. 1, 1895

July, 18781878 A '83May, 1890July. 1879

lUinoif.—The d"bt has been rapidly reduced of

late years, ftnJ, without the addition of new loans,

will soon be extinguished. The Illinois Cen'ralRailroad charter tax on earnings contributes over$4{X),OuO per year to the State revenue. The assps-s-

ment of all property In 1876 was f953,631 ,C30,

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 referenceto (he origin of that debt, ari-ing from the State'scompromise with the bondholders in 1&46, will befomnd in the Chro.nicle, V. 19, p. 49:J; see also p.

696. A suit on the question was brought and decreeof saleobtamcdtV. il, p. 85; V.22, p. lOl.tJI.-i). Tax-able valuation, 1875—real estate, 8*i3I,416,973; per-

eonal, J.73 ',667,147; railroads, $:Jfl,4'16,919; corpora-tions, »4.o4.i,5!i.S; tax ra'e, IX mills. A law per-

Kiilting towns to Is^ne bonds was passed In ISrS, themain section being as follows:

" Sbotion I.—Be it enaetei tni the Qenerat Assem-lly of the Slate of Indiana, That any corporatedtown in this State which shall have heretofore, bythe action of its Board of Trnstees. commenced tiie

erection of any public buildings, to be used as amarket house, engine house or other public pur-poses, and shall not have the necessary means withwhich to complete such building, oi\ the passage ofan ordinance anthorizing tlio same by the Board ofTrnstees of said incorporated town, issue the bondsof soch town to an amount not exceeding in theaggregate ^lO.fii'O, in denominations of not less than|;5o nor more than $5tXlj and payable at any placethat may be designated m the bonds; the pnn'cipal

In not less than one year nor more than ten yearsafter the date of such bonds, and the Interest,

annually or semi-annually, as maybe therein pro-Tided, to provide the means with which to completeeach buildings; pr.,>ide'l that such bond-*shall not he sold at a price less than ninety-{oar cents, on tke dollar, nor bear a fester

rate of interest than eight per centum perannum."A similar law was passed for counties, which, re-

ferring to contracts that have been made for publicI'Uiidingp, Ac, says that in confllles w^e^e sneli

C(mtracts have been so made, the board of commis-sioners of snch counties are suthorized to issuebonds to an amount not oxcecding one-half of oneper centum on the assessed valuation of the pro '-

ertv of such countv, in addition to any loan for saidpurpose for which bonds may have been heretoforeissued, negotiated and sjld. (V. S2, p. 209.)

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

7x>Kl«j<ir(i.—The funding bill jias-scd Jan. S4. 1874,scaled the debt down to < per rent of the face value.For coupons la-'king on bonds funded, similar coup-ons are cut from the new bonrls i:?aaed; interest onconsol bonds is paid in New York, but no inter-est paid on bonds unfunded. These consols, wereadmitted 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 000N. 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 NewOrleiins had «»3.4fi;l,i69 of real and jaw.llS.vs.? ofpersonal. The Bro>s revenue in 1875 was $3,iC6,153and exponses M.lM.rnr, The $3,500,000 bonds toN O. Mob. .t. T"Tns Ratl*'oid h-'ve l)een decl'irt^d

void by State Sotreme Court, hn{ a re-h«»ring

granted. (V. 20, p. 78, 8!, 478. 521, 548; V. 81, p. W,63, IW, 159, dSl, 489, 5.35, 61J; V. 22, p. 64.)

-Vain*.—The sinking funds, January, 1878, re-duce the total 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,62.

Mart/land.—The assessed valuation of property In1875 wfts i;427.75.'i.:».3, on which the rate of taxationIn 1876 is 11^ cents iwrJilOO; income from dividendaon railroad, canal and other stocks owned by theState w.as 4:i:M,41il. The State has larrelv assistedcanals and railroads, and holds (4.787,2JS'of stocksand 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>dactiveae-curities. On two investments only, the Comptrollersa3'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.22, p. 62. All interest on the funded debc ofMassachusetts is paid in coin. The credit ofthe 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 inJanuary, 1876, were SH 725.3(9. TheHooaac tunnelhas cost the State almut $15,a'iO.>iO(i. Real estateassessed in 1S75, $1,811.031.3C6; pcrsjnal. In-cluding bank shares, J.ieO.SlS.iaj; tax rate, I'OSmills; dcpeelts In savings banks, $2.37.818,963; cor-poration prop*?rty (above real estate and machinery),$8),213,6:», The loan to U. II. A K. Railroad waasecured by deposit of S.3,r»0',fi00 "Bcrdell" mortgagebonds, afterwards exchanged for new stock. (V»20, p. 336, 521; V. 81, p. «7; V. 22, p. 82.)

,W(cAi7an.—The debt has been largely diminishedin the last few years. Assessed valuation of realand personal property, 1876, $t)80,0O0,0O0, and tSKra'.- 'i

' "'-'s Sur'tliis rev<*».'i« ij^ applied to ptu-ciutK of lioade. (Y. X, p, 13(.)

Page 4: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

STATE SECURITIES. [September SO, 1876.

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

DESCRIPTION.

For explanations sec notes on first page of tables.

Date of Size orBoudB. par

Value.

18G7 $1,0001868 1,0001869 1,0001873 1,0001858 1,000

1865 to -66 1,0001868 1,0001872 1,0001874 1,000

1854 to '58 1,0001857 to '59 1,0001859 to '60 1,0001854 to '59 1,0001853 to '59 1,0001857 to '66 1,000

1874 1,0001875-6 1,000

1857 to '75 1,0001874 1,000

1871 1,0001872 1,000

1861 1,0001864 1,0001872 100 &c.1873 100 &e.

1861 100 &c.1863 100 &c.1864 100 &c.

1,000

1827to''32 Si1848 s»1848 o1875 [m^I1872

^ £,(C."

1873 Ps1873 Mg1874 «^l

500 &e.500 &c.1,0001,000

1866 100 &c.1868 100 &c.18671868 1,000

' 1,000

1850 100 &c.1860 100 &c.1856 100 &e.

'i'sfo

18491852 1,0001852 1,0001852 1,0001852 1,0001853 1,0001867 50 &c.1867 50 &c.1867 50 &c.1867 50 &c.1867 50 Ac.1867 50 &c.1872

Amountoutstanding.

INTEKEST.

Rate.When

Payable

7 J. & J.7 J. & J.7 J. & J.7 J. & J.

7 J. &D.

6 J. & J.6 J. & J.6 J. & J.6 J. & J.6 J. & J.

J. S J.66 J. & J.a J. & J.6 J. & J.e J. & J.6 J. & J.6 J. i J.6 J. & J.6 J. & J.

9>3&10 Various9^ M. & 8.

6 J. & J.6 M. & 8.

6 J. & J.6 J. & J.

6 J. & J.6 J. & J.6 J. & J.

7 J. & J.

7 J. & J.5 K. .1. & J.

6g. J. & J.

5&6g. J. & J.

6g. ,1. A J.6g. J. & J.

eg. •T. & J.

6|. J. & J.

6g. J. & J.

6 g. A. & O.5&6g. ....

6 J. & J.6 A. & O.6 J. & J.6 A. & O.6 J. & J.6 A. & O.C J. & J.6 A. & O.6 A. & O.

6 J. & J.6 J. & J.

6 J. & J.

7 J. & J.

7 J. & J.

6 g. A. & O.5 g. J. & J.4l8g. J. & J.

5g. F. & A.5 g. F. & A.5g. F. & A.6 F. & A.6 F. & A.6 P. & A.5 F. & A.6 F. & A.5 P. & A.6

Where Payable and byWhom.

Principal—WhenDue.

Minnegota—State Building Loan

do dodo dodo do coupon

Railroad Bonds (not recognized)Missouri—State bondsConsolidated bondsUniversity and Lunatic Asylum bondsState Bank stock refundingBonds to North Missouri RailroadBonds to Cairo & Fultou RailroadBonds to Plat te County RailroadBonds to Iron Mountam RailroadPacitic Railroad of MissouriSouthwestern Branch Pacific RailroadFunding bondsRenewal bonds, coup., 5-20s, (actMch. 29, '7f

)

Hannibal &, St. Joseph Railroad '. .

.

do do renewal...Nevada—State bondsTerritorial bonds

Kexo Hampshire—War loan, coupon bonds

do doMunicipal war loanState bonds

New Jersey—War loan bonds, tax free

do do dodo do taxable

New York—Bounty loan bonds, coupon

do do registered stockGeneral fund debt—Astor stock

do do do deficiency loando do do do

<^aiial dfibt iUnder Art. 7, Sec. 3, of Cou-*.anai aum, < gtuution and Art. 7, Sec. 12.

Comptroller's bonds (by Kevl Stat's)North Carolina—Railroad and improvement bonds, old

do do do oldRR. and imjirov't bonds, new (not special tax)

do do do doFimding bonds, since war .-.

do doRegistered certificates of literary fundPenitentiary bonds, act Aug. 24, 1868Special tax bonds.

Chw-Registered loan, payable after 1875

do do do June, 1881do do do June, 1886

Oregon-Bounty bondsWillamette Canal and Lock

Pennsyhm n ia—Inclined plane loanCoupon loan, April 2, ($28,000 are reg.)

do dodo May 4

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

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

Agriouitural College laud scrip

$100,000100,00050,000

250,0002,275,000

439,0002,727,000401,000104,000

2,256,000392,000504,000

1,872.0002,973,000784,000

1,000,0003,287,0002,715,000285,000

160,000800,000

213,000600,000

2,206,100500,000

900,000900,900593,400

1,057,0009,895,500561,500800,000

1,537,887473,000880,000

1,562,900847,.500

4,302,6002,000,000

66,443

4,738,8003,639,4002,383,0001,695,0002,417,4001,711,400383,04544,000

11,407,000

210,0004,072,6402,400,000

26,500200,000

400,000395,00087,000

2,812,000455,500273,00088,350

7,521,5507,369,000

90,4009,251,850723,950500,000

St. Paiil, Treasury,do dodo dodo do

N. y., Bank of Commerce.dododododododododododo

dododododododododododo

187718781879

1883 to 1803Deo., 1887

18831888

July, 1892

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

State Treasury,do

Concord or Boston,do dodo dodo do

Trenton and Jersey City,do dodo do

N. Y. Manhattan Bank.do do

Albany.N. Y., Manhattan Bank.

Albany.N. Y., Manhattan Bank,

do dodo dodo dodo dode do

Albany.

Now York.dododododo

Raleigh, Treasury.New York.

do

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

State Treasury.

1877 to '881877 to '891889 to '901877 to '891876 to '87

1876July, 1894

1895-61887 to '95

Phila., Farm. & Mech. B'k.dododododododododododo

dododododododododododo

Harrisburg Treasury.

1881 and '82March, 1887

July, 1877 & '78Sept., 1884 to '89Jan., '92 to 1905

1879 to '80

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

April, 1877April, 1877At will.

July, 1878At will.

Oct., 1893Dec, 1877July, 1887Jan. 1, 1883July 1, 1891Oct. 1, 1892On demand.

1868 to '981868 to '981868 to '981868 to '98Jan., 1900Oct., 1898Indefinite.Oct., 18981898 to '99

Jan., 1876July, 1881Jan., 1887

18841880

April, 1879July, 1882July, 1882Aug., 1877Aug., 1877Aug., 1878Feb., 1877

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

Minnesota.—\n the State bonds are now held bythe permanent school fund. Minnesota ia usuallyclassed among the States which have avoided theirobligations, in consequence of her refusal to recog-nize the "State Hailroad bonds" of J858 to theamount of $2,275,000. See Governor's Message, V.23,p. 6.3. Property valuation, 187.'), $21S,85r),743. of which346,162,487 was personal; tax, 2 MO mills. (V. 19,

p. 493; V. 22, p. 567.)

Missouri.—Valuation of real and personal propertyin 1875 was $549,50.i,471, upon which the tax is 4)4mills. Railroad property was assessed at $54,849-312, as returned to County Courts; but at only$19,861,141, as returned to the State Auditor in1875. The State had $1 488,000 bonds maturlnein 1875, and $.3,907,000 in 1876. To provide forthese, a law of 1875 authorized the sale of newbonds, and the State Commissioner's report to July,1876, is in V. 23, p. 13.5. The Hannibal & St. Jo.«ephRailroad provides for its own debt. Bonds fallingdue are paid in currency, pursuant to a resolutionof the Legislature, although some of these bonds arepayable 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 thannominal.

Neti) Sampshire.—yhe debt of New Hampshirewas created for war purposes, and is being graduallyreduced. The Municipal loan of lB^^i was issued tocities and towns, the proceeds to be applied to theirvar 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 princi-

pal 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

Indian annuities. An abstract of the Governor'sMessage was given in V. 22, p. 6'J, showing a netreduciTon of $2,744,505 In the debt for year endingSept. 30. 187.5. Thqsfollowing were valuations andtax rate for State purposes in the years 1859 andH65, and from ;870 to 1871

:

Year. Real Estate. Personal. State tax.185'.)... . . $1,097,564,524 $.307,349,155 2i41865... . 1,1.58,.327,371 3a2,552 314 4 53-801870... . . 1,5:12, 720,907 434,2811,278 7 41-1561871... .. 1.599,930,166 452,6in,7:)3 5 79-1201872... . . 1,644,379,410 147,243,085 9'<

1873... . . 1,692,.52.3,071 4.37,102,815 6 95-1001874... . . 1.7.50,698,918 418,608.955 7X1875... . . 1,960,852,703 407,427,399 61576... 3 11-24

For the present fiscal year, 1875-6, the equalizedvaluation of re»l and personal property is $4,466,-

267,273; tlie tax rate only 3 11-24 mills This is

partly owing to the considerable reduction in

the Bounty debt, and the increase of sinkingfund resources. It appears that the value ofreal estate by local assessors in 1874 was $1,750,-

61)8,918, while the full value, as estlmaUd bythe State assessors, was $4,168.:i.30,757. The Comp-troller says the actual value should be adopted asthe basis of taxation. The total amount raised bytax. State and local, in 1875, was $56,926,470. or 21mills on the $1 of assessed valuation. In 1874, thelocal 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.)

North Carolina.—TXotVh Carolina is heavilyburdened with debt. In proportion to her ta.x-

able property. A lengthy extract from the Treas-urer's report was given in V. 20, p. 84. Totalproperty was assessed in 1872 at $128,507,628, alow valuation. Interest Is paid on bonds Issuedto North Carolina Railroad ($2,800,000), as theState holds $3,000,200 stock and receives div-idenHs thereon. Other interest in default. A fund-ing bUl passed the Legislature March, 1875. (See

CnBO>iict,E, V. 20, p. 836.) In New Yoik, bsndsare 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 sinceJan. & April, '69; »ame "coup, off" have had 7coups, paid; -'funding act '66 carrv coups. Jan.,'69; " funding act " '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, hntlarge 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, andan averaTO of 2.5 9-10 mills for local purposes. Ofthe 1875 loan above, $868,2:30 was paid Jan. 1, 1876.

and the balance after April 1. Report on State andlocal debts, V. 22, p. 64.

. Oregon.—The debt is provided for by sinkinj^funds, payable from land sales. Taxable propertyin 1875 was assessed at $41,197,149; a mill taxwas laid for Relief bonds and 1 mill fur Bountybonds.

Pennsylvanl^i.-liOM debt Nov. .30, £23,533,137;available assets. $9,466,572; net debt, $13,766,564.The financial system is remarkable in Pennsylvania,in the fact that no tax is laid for State purposes onreal estate. Revenue is raised from numeroussources, principally from corporations. Taxes arelevied on personal property, which was assessed at$159,383,242, and the tax was $574,817 in 1875. Stateexpenses have lately exceeded revenue, and sinkingfunds 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 thaState debt issued prior to 1867. Any coupon bondsmay he changed to registered. The bonds due ia .

1877 are payable at any time till 188S; those of ISStUll Wfi. (V. 21, p. 1-37; V. 22, p. 64.)

Page 5: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

September 30, 1876.] STATE SECURITIES. SSnbscrlbera will connr a sreat lavor hy ;lvliic Immediate aollee ot anf error dlaeovered in these Tables.

DESCRIPTION.

For ex plaiiationB socnoteBonflret page of tables.

Khode ItUtna—War buud

dododo

South Carolina—State stockState IIoiMO stock

do bondsFundlne bonds iiiid stockBlue RiuK" Uailroail bonds '

FiindliiK lilllK roccivablo ,

Payment of InterestFundlnjf bank bills

Conversion bonds and stockLand c'4)mniis8ion bondsFire loan bonds, sierllnt?

do stock, domesticBonds—Relief State TreasuryConsolidated bonds, coup. (Funding act)

do stock (FundiiiK act)

Railroad endorsoiuentsTennesttee—New funding bonds, act of 1873Bonds registered, act of 1873Fundable bonds and cou p. not yet i)rosentcdBonds, reKi.st«rable, not presentwlHold by E.T. University (not to be funded) . .

.

Texas-Funding State debtFunding State warrants, act May 2, 1874Fi-onticr dcfcns(s gold, act August 5, 1870

Revenue deficiency bonds, act l>ec. ii, 1871

.

Bonds, act Mar., 1874 (for paying float'gdcbt)Veteran Pension bonds, act Aug.,'70<StApl.,'74

Yertnont—War loan bonds, coupon

do registeredTirffinia—Old bonds, conpon

do registereddo sterling, not require*! to bo funded

Congol. (Act Mar. "71) coup, tax receivabledo do reg., cxjuv. Into coup...do (Act 1872) coup., not receivabledo do reg., do

Defcrro<l certiflcates ( w. Va.)Interest on sterling debt, funded (Act 1871).

.

Arrears of interest unpaid Sept. 30, 1875

Date of Size orbonds. par

value.

1862 $1,0001863 1,0001863 1,0001864 1,000

1794 Various1830 to '01 Various1853 to '54 1,000

18«fl 50,&o1854 1,0001868 1,0001868 1,0001868 .•500,&c.

1869 5(K>,&c.1869 to '70 500,&c.

1838183818691873 Various1873 Various

1874 1,000Various. 1,000Various. VariousVarious.

.... 1,000

1866 & '71

1874 1,0001870 1,0001872 1,0001874 1,0001874 100

1862 500,&o.1862 500,&c.

1851 to '66 500&o(Vari's 51851 to '66

1851 £100 &c1871 100,&o.1871 lOO.&c.1872 100,&c.1872 lOO.&e.1871 Various1871 Various

Amonntoutstaading.

$980,000200,000631,000738,000

23,684520,346240,0(X)401,700680,000177,000261,000370,500648,30022,000

481,944218,42310,000

4,023,000149,254

4,797,608

6,222,00016,289,0001,056,0001,074,000390,000

200,000499,000697,000500,000

1,000,0001,070,357

134,000137,000

•7,092,399

2,831,25019,030,0001,207,(K)01,504,6751,166,093

15,239,370212,833

1,199,804

INTEREST.

Rate.

6666

3g.6g.66g.6g.?«6g.

s«-

v-66

M. & 8.

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

<}.—J.J. & J.J. & J.J. & J.J. & J.A. & O.A. & O.J. & J.J. & J.J. & J.

J-j'J. & J.

J. & J.

J. & J.

6HA. 6

5, 554, 656

6107g.7g.7g.10

66

^ t66666

WbonPayable

.§:;

J. &. J.

J. & J.

J. & J.

VariousJ. &. J.M. & 8.

J. & J.J. <fe J.

J. & J.

J. & n.J. & u.

i. & J.J. & J.J. & J.J. & J.J. & J.

J. & J.J. & J.J. & J.J. <Sc J.

Wbere payable and bywhom.

Providence, R. I. H. <Ic T. Co.do dodo dodo do

Columbia, State Treasury,do dit

do doColumbia and New York.

Columbia, Treasury.Columbia and New York.

dodododo

dodododo

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

At pleamire.1877 to fie1871 to '80

July 1,1887 to '97July 1,1878 to "Vft

July 1, 1888July 1, 1888July 1, 1880July 1, 1882

Ix>ndon.Columbia.

Columbia & FU. Agon. N.Y.New York or Columbia.

do do

N. Y., Fourth Nat. Bank,do do

N. Y., Fourth Nat. Bank

N. Y., Bank of New Yorkdo dodo dodo dodo <k>

do do

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

New York.Richmond, Treasury.

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

dododo

London, Baring B. & C%

Prinoipal—wheojlpal-oue.

July 1, 1868July 1,1868

1888July 1, 1893July 1, 189S

July 1, 19141875 to 1900

19001875 to 1900

Various.

1877 and 1891Jan., 1884

19101892

March 1, 19041894

Doc., 1876-781890

1886 to "OnAt pleasure

188619051905

Contingent1905

Jlfmta Island.—The debt was all created for warpnrooses anil ie being steadily diminished. Thevaluation of real property in 18TG was $185,159,84?,

and personal, t86,89:,928, and tax rate 15 cents on$100.

So. Carolina.—The Governor's mes^sage on finances

in V. 21, p. 5:i5. The funding law approved Dec.23, 1973, provided for scaling down the old debt bygiving new bonds to tlie extent of 50 per cent, anddeclared void the conversion bonds to the amountof $5.965,OX). Tiie January, la?", interest waspaid on consolidated bonds in April, 1878. The in-

terest dno In July was only raid in part. Totalvaluation of all property—in 1875, real estate,

«88,m,818; personal, f-ie.Tgi.OOe; rate of taxationIn 1674, 12. mills. (V. SO, p. 81, 241, 291, 868, 547;

Y. 21, p. 489, 614; V. 23, p. 40.)

Tmrut»tt.—OD the first of Joly, 1874, the pay-ment of interest was resumed, and the interest

due January 1, 1675, was paid by help of aloan of $:lOfl,00'>, but default again made July,

3875. The coupons of July, 1K75. together with thot^e

of July, '74, and Jan,,V7.J, remaining due, wore paidin Sept.. '7(1. The law passed iu March, '7:1, providedfor funding all outstanding, legally issued bunds, duebetween Jnly 1, 1874, and July 1, 1864, as well asall past-due coupons, and coupons matnrlng onor before Jan. 1, 1871, in a 10-40 year B per centbond. The total debt given above is, substantially,

according to the last report of the Comptroller,January, 1875. The Comptroller estimated debt ofsolvent railroads at $8,2HS.R^(i; due from purchasersof railroads then sold, $n2.0C0; value of Knoxvillc& Charleston road, $100,000. The State's endorse-mentsfor railroads ace $1,80J,000, of which $1,560,000

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

JTsajos.—The State Comptroller, In February,1P76, reported total funded debt $4,249,757; floatingdebt, $543,'.37, and bonds of douotful validityremaining in hands of State Treasurer, $812,210.The valuation of taxable property in 1875 was$250,8'?3,759, against $24;,841,880 in 1874. Tax rate,50. From the Comptroller's report we have thefollowing statistics for 1875:

Total value of taxable property assessed. $250,853,798Statetax ].2.'>4.354

Polltax 198,322County taxes 1,959,1''4

Miles of RK. In the State ass'd for taxes. .

.

1,487Value nf railroads $16,605,122Number of acres of land assessed in theState 66,637,920

Value of lots assessed in the State 44,666,937

(V. 19, p. 15, 117, 142; V. 20, p. 84; V. 22, p. 281.)

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. Thesinking fund, Aug. 1., 1876, was (115,932.

Virginia.—Tbe Fnnding act of 1871 providedtha* coupons of the funded bonds should be receiv-able for State taicc. For M of the old bonds anew bond was Issued, and fcr the other y^ a deferredcertificate given (as the proportion due by WestVirginia). The act of 18.2 amended that of 1871by not allowing conpons to be received for taxes.The sinking fund holds $2,446,98i of State bondsand certificates. All interest overdue and unpaidto September. .SO, 1875, (on the basis of 4 percent.) was $1,199,864. A part of the interestdue 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 hasadjourned, and no law in any way affecting thebonds of the State has been passed, if we except aclause In the tax bill subjecting the coupons cutfrom bonds held by a non-resident of the State tothe same tax as hfts heretofore been deducted fromcoupons held by residents. This tax amounts to$1 70 on each coupon of $30, or five and two-fifthsper cent -the coupons being received at 94"tOpercent of their par value in payment of taxes. 'TheState is still in debt for money borrowed to meettemporary deficieacies in the revenue; and the paymeuts to the sinking fund have been suspended, asalso the payments of interest of .luly. 1874, on thennn-consolidatcd debt. The tax bill inciades someadditional subjects of taxation, which will make &small increase in the revenue, but it is now certainthat no cash payments will be made during thepresent year on accotmt of interest, except that thesmall balance due on July, 1874, Interest may bepaid." Auditor's report, V. 21, p. 804. (V. in, p.296 502, 528, 682; V. '20, p. 14, 306, 856, 373. Mi;

Page 6: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

VUl CITY SECURITIES. [8 ptemb-r 30, 1876.

Subscribers will confer b K'Mt fttTor bjr Kivinff Immediate notice of anr error discovered In tbese Tables.

DESCRIPTION.

For explanations see notes on first page of tables

Albany, N. Y.—Albany &Northern Railroad loanRelief of drafted menPurchaso CouKrcss Hull BlockCity ImprovementWasUiugton ParkCity improvementJ<ew Post Olllce siteVi ater stockAdditional supplyBonds loaned to Albany <& Susquebauna RR.

do Albany & W. Stockbridgc KK.Auqusla, Oa.—Bonds for various purposesCity bonds, tax free

Satlvmore—Consolidated loan of 1890Water loanConsolidated bounty loanExempt bounty loanPublic parks (Druid Hill)Park improvement loanFive million loan to Baltimore & Ohio RROne million loan to Fittsb. & Connellsville RRNew City HaUdo do ;

do doConsolidated loanCourt bouse loanI'unding loan

doWestern Marj-land RailroadJones* FallsValley RailroadPatterson Park extensionEndorsements for York & Cumberland RR...

do do Western Maryland RRdo do Union Railroad

JBang<n\ Me.—City debt properMunicipal loanWater loan bonds, coup. (Act Fcl). 22, 1875)

.

European & North American RailroadBangor & Piscataciuis Railroad

£oston—Renewal city debt, sterlingFor city purposes, war debt. &0

do do doBurnt district, sterling loanConsolidate<l street improvem't, sterling loan.Koxbury debt, assumedDorchester debt, assumedCharlestowu debt, assumedMystic water debt, assumedBrighton debt, assumedWest Roxbury debt, assumedWater loan, new main . Brooklino Reservoir. .

.

do Chestnut Hill reservoirdo renewal of loan due '70-71, all reg.do do '72-73

Water works, Roxbury, coupon and registereddo Roxbury & Dorchesterdo Doroliester, all restlstereddo W. Roxburj' & Brighton, all regdo do coup, and reg.

Additional supply waterVarious purifcses, for water worksWater loan bonds, gold, coupon or reg

irooklyrir—Debt of Williamsburgh, local improvement .

.

Brooklyn local improvement loanMount Prospect Siiuare loanSoldiers' aid fund loanThird street improvement loan, localGowanus canal imi)rovement loan, localBushwick avenue do do dofloutU Seventh street do do doUnion street do do doFourtli avenue do do do ...

do do do doWall iibout Bay do doBedford avenue do do localKent avenue ba«bi do do I

New York Bridge loan, registered and couponB'ds for complet'n N.Y. & B'klyu Br., cp. or rg.

Prospect Park loan, registered and coupon . . . i

Albany.—There are sinkin;]: funds for municipalbonds' and for water stock. 'The loan to Albany &Snsquehanna is secured by Ist raort. The e<^uahzedvaluation of property in Albany County lu 18.5

by State Board was: Real estate, $48,7!)».14B; per-sonal, It5,li37,0»!; total, |;.'>J,t);iB,2j4. lu ir.6, total

equalized valuation, $58,400,770.

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

Baltimoiv.—'The fiscal year of Baltimore endswith Oct. 31. The city credit has been loaned ex-tensively to railroads, m exchange for their securi-ties, which it holds to a large nominal amount. Thesinking fund for Bait. & Ohio Railroad *.i,000,(IOO

loan is $l,74ri.!)73; West Maryland Riilioad sinkingfund, $l49,l«o; and the total of the several olhersinking funds, $H, i!)T,8'il. The Bait. & Ohio RR.pays interest on $5,0i)0,0(m loan; Water loan Is paidby income of water works, and Public Park by&ityPassenger Itailway, and out of a total debt of$32,!)43,4-!5only $I6,I54,'.91 is dependent on the taxlevy. The a-sse-ssed vaUio of property in 18T6 is

$231,603.1 Jfi; tax rate, 187li, $1 80 on the tlOOforcitypurposes, and .17 "i for State. Population in 1870

was i67,.354, against 218,4:8 in 1860. (V. 22, p. 589 )

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

Boeton.—Thc popnlfttion of Boston in 1870 was498.497, against 177,'itO in 18«0; in 1875 It wiis, ?,41.919.

Valuation of real property in 1R76. includin? the re-

cent auuexatlous, was $526,145,700, against $56A,7S9j-

Date ofBonds.

Size orpar

Value.

Amountoutstanding.

INTEREST.

Rate.When

PayableWhere Payable and by

Whom. .

Principal—WhenDue.

IS.")!

186418661870

1870,1,2,418711874

1851 &. '52

187418651841

Various.1876

Various.1854186318651860186.3185318531868187018741864

187018741872187218731872

1858 to '721874187518691869

185318.52 to '64

1864 to '7618731869

1860 to '64

1861 to '091857 to '73

1862 to '761866 to '73

18581865 to '71

18711872

1868 to '701871 to '75

18711875 to '76

18761872 to '751871 to '74

1875-'7G

1859 to '61

1861185718651867186618651866186718621867186718671809

1870 & '761870

1860 to '73

$1,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

250 &C.500 &c,

100 &c.100 iSto.

100 &o.100 &c.100 &c.100 &o.100 &c.100 &c.100 &c.100 Ac.100 &c.100 &c.100 &c.100 &c.100 &c.100 &c.100 &c.

100 &c.

100 &c.1,000

500 &c.1,0001,000

£100 &c1,0001,000

£100&c£100Ac1.000

V.arious.500 &c.1,000

VariousVarious.1,0001,000

*10()&c1,0001,000

1,0001,0001,0001,000

1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

$246,00046,000151,000348,000529,000242,000118,000500,000400,000

1,000,000103,000

2,000,000100,000

7,300,5465,000,0002,211,068410,353555,566185,723

5,000,0001,000,0001,000,0001,000,000500,000891,646137,414800,000

2,000,0001,000,000473,900

1,015,300200,000500,000

1,375,000117,000

156,000100,000375,000

1,000,000814,000

583,2054,296,800

16,809,1754,997,6033,559,600438,600121,500

1,196,0001,318,000322,640470,000394,000

2,248,000688,000

1,949,711700,000405,000375,000350,000100,000648,000366,000

3,452,000

138,000213,00090,000

552,000302,000283,000249,000298,000326,000190,000230,000589,000278,000427,000

4,250,000i

8,'6i6,o6o I

66677776766

77

6666666666655666666666

6666

6&74'2g.

I'-

ll5, 5I2, 651a, 75<te65& 6

6,012,76i3.t7

%'6

%'6

65g.665g.

67676777767777

7&667

New York.do

Boston, Morobants' Bank.New York.

dodododododo

Boston.

Augusta,do

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

do dodo dodo dodo do

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

do dodo dodo do

Balto., N. Mechanics' Bank.Balto., Farm. & Plan. Bank.Baltimore.Register's Otlice.Balto., N. Mechanics' Bank,

do doBaltlmore,Register's Office,

do doBalto., North. Central RR.Balto., N. Mechanics' Bank.Baltimore, Franklin Bank.

Boston, Merchants' N. B'k.Boston or Bangor.

Boston. Morch'ts' Nat. B'k.<lo dodo do

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

do doLondon, Baring Brothers.

doBoston, Treaseurer's OfBce.

do dodo dodo dodo dodo dodo dodo dodo do

London. Baring Brotliera.Boston, Treasurer's Office.

do dodo dodo dodo dodo dodo dodo do

May, 1879June, 1880 to '84Feb., 1885 to '94

March, '95 to 1900Nov., 1910, 11,'12March, 1876 to '94

Feb., 1876 to '81

Brooklyn,dodododododododododododododododo

^ p

P<

aop<

1895-'97July 1, 18T6

1876 to '891900

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

1885At will.

July 1, 1900Feb. 1, 1894Jan. 1, 1902AprU 9, 1900Oct. 31, 1886March 8, 1892Jan 1, 1877

Jan. 1 '90 & 1900Jan 1, 1895

1877 to '92

Jan. 1, 1894July 1, 1905Jan. 1, 1894April 1,1899

July, 18781876 to '871876 to "96April, 1893July, 18991874 to '851875 to '821876 to '931875 to '961875 to '83

1875 to '92Oct., 18781876 to '99April, 1901Oct., 19021880 to '991901 to 1905Jan., 1901

Jan. & April, 1905

19d2'tol9041901 to 1904Oct., 1905-'6

1879 to '8118911887

1885 to '941881

1876 to '901876 to '901876 to '901877 to '861870 to '951876 to '951870 to '90

18771879

1901 to '241907 to 19081915 to '24

500 in 1875; and nersonal, $232,7.32,400, against *2.34,-

i«8,4(i0; upon which the rate of taxation is Il2 70perj;l,000—$11 68 of this for city and *1 02 for StateliurpoBcs, against a total of $18 70 per $l.CO0 in 1875.The total debt, both funded and unfnndrd, at thech.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 aresnflicieiit to meet the debt as it matures. In .March,18t6, Mr. Turner, city auditor, gave hi.s estimates forthe revenue lequircu for the coming financial year1876-T7, commencing May 1, :876. This estimate is

based on an assumption of meeting the actunl wantsof the municipality and avoiding the borrowing ofmoney for other than the water works, and extensiveand costly improvements: tlie tux per each $1.00(1

will be reduced from $1 1 70 Inst year to $18 45 per$l,0C0 thia.year. The following is a comparison ofthe approjiriations granted by the City Council andincome to be received, compared with the estimatesfor l-ffS-b:

1875-6. 1876-7.

Appropriatioas $ia,:102.305 $11,219, "87

Income 2,861,425 2,9.) slWO

Per ccQtage.$9,4.37, '80

283,1368.2T9.487

247,.385

$9,72;,016 }8,627,872

Plncing the tax to be paid to the State at the samea? last 3'ear, the estlmited tax warrants exhibit thefallowing result:

1675. 1876

City and County $9,731.0I6 00State 802,120 00

$8.S27,872 0074.',9ii 00

Total by UxatiOD., $10,523,136 00 $9,270,801 00

During the last forty years, with a single excep-tion, the taxable valuation has shown an annoalincrease. Mayor Cobi.'s message. January. 1876»gives a net decrease of debt in lb75, amounting tot: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 asfollows:

Permanent loans $26,063,000Smking funds 3,462,736

Balance $22,600,263

Loans chargeable on specified property . 10,052,000Tax certificates 8,379,000

Total $35,a31,863

—The .Mayor, stated that the debt chargeable oniJixation decreased in 1875 45,2.'C, against itn increasoof $.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 inKing's Co. in 187a, by the State Board of Equalization$2 .0.6 7,586 for real estate, and personal, $i;).>-06,135;

in 1-7H, toral real and personal, $2.^0,939,634;they oscimated the true value of real estate Inlh74 as $426,393,740. The Supeivisnrs assessedthe total taxable property of Brooklyn inIs. 5 at *225,l"*i,755. or about 65 per cent of truevalue. The debt of Kings County, separate fromthe debt of Brooklyn, Is $3,9.36,(h 0. of whieh thecity is responeiljle for about $3,739,200. Averagefax 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.)

Page 7: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

September 80, 1876.] CITY SEOQEITIEa

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

DESCRIPTION.

For explanations see notox on ttrat page of tables.

Date ofbouda.

Size or Amountpar {out«tuu(Uug,

value.

INTEREST.

Rate.Whenpayable

Wliere payable and bywuom.

Prlnoipal—wbonduo.

Srookljfn—(Conlinuedj—I'rosiMsot Park loanDotlclmicy butiitsPerinaueut wator loan

do doSewerage bonds, continuous, localA«8e«mnout fund bonds, ooutlnuouH looal.

.

Cuutral an<l Knickerbocker avouue bonds..IloiUcvard bondsTt<miK)rary tax cortlflcatcs

Buffalo, N. r.—Fiuidotl debt bonds, various piurose*Buffalo <fe Janii'Htown Rallroiulliuffalo New York & PliUadolpbla Railroad. ..

Water works bondsWater bonds, coupon...Park bonds (Act May 17, 1875)Tax loan bonds

OKarlentoii, S. O.—City stock(Jity iHinds, couponFire loan bunds, couponCouversion bonds, to redeem past duo debt. .

.

Ohicoi/o—Water loan

doSewerage bonds

doRiver improvement bondsMuniciiial bundsMuuici pal and School bondsSouth I'aik loan (secured on South. Dlv.)West t'liicjvgo Park (secured on West. Div.) . .

.

Cook County debtOinciiiiuitl—To build Eggleston avenue sewer B2Loans to Railroi«ls F, A, O, U, I & MBonds to O.&. M. RK. toj)urchase whf. prop.NBoudH for erection of a WorkhouseBonds for Water Works C2,&( '3

Bonds for Coiuuion Hcliool purposes P2Bonds for O>uimon School purposes PBonds to O. & M. KK. to purchase wlif. prop . . NBonds for ext. and impr. Water W. .Cf, D. & EBonds for funding floating debt A2Bonds for new Hospital S&S2Bouds for funding floating debt LExtension aiul improve. Water Works. . .K <kFBonds to purcliaso Orp'n Asyl. grds. for piU'k.OBouds for sewcmge KBonds for imiu-oving Gilbert avenue UBonds to build Kggloston avenue sewer B3Bonds for improvement WBonds for Water Work pui-poses C4<fcC5(leneral Improvement W2Cluclnnati Southern RR

do dodo do gold

Floatnigdebt bouds, couponPark improvement .'

Water-works bouds DlOleottand—Water works ($100,000 are 6 p. ct.)

Funded debt (.•(5225,000 ore 6 j). ct.)

I<ake View ParkCanalViaduct, street and bridge ($300,000 C p. ot.)School ($271,000 are (J p. ot.)

House of CorrectionMain sewers, special assessmentStreet improveui'ts doStreet openings, &c. do

Columbus, Oa.—Subscriptions to various railroad stocksBonds for funding and other purposes

VflroiL ilich.-Bonds for various City purpo.sesBonds for Water Work Co., on city's credit. .

.

Public Building stock ((31ty Hall) bondsPublic sewer bonds

BllMbeth, N. J.—Improvement bondsFunded debt bouds8<ihool House bondsMarket House bondsConsolidation bonds

1860 to '721872

1857 to '7

1872 to '75

18701873

1872 to '73

18.'>3to'751873 to "

1871 to '7318(J8to'7(i

187018701870

1853 to '511860

1870 to '721863 to '72

18681842 to '54

1855186818081868

1800 to '61

18551847 to '.50

1847 to '481807-'681853185318.581869186018601871

1871-'721871

1872-'7418741870187418751S75

1854 to '751854 to '74

1872 to '741874 to '751873 to '751864 to '71

18681860 to '74

$1,0001,0001,(M)01,0001,0001,0001,0001,000

1,0001,0001,0001,000

I'obo

500,&o,1,0001,000

500 Ac,1,0001,000

500 &e.

i',6bo500 &0,

1,0001,0001,0001,0001,0001,0001,0001,000

500 &0,500 &e,1,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

500 &c.1,000

500 &c.1,0001,0001,000

1856 to '721866 to '71

1955 to '591855 to '76

18.59 to '71

1872 to '74

1869 to '741870 to '751872 to '731805 to '66

1875

1,000100 <tc.

1,000

1,0001,0001,0001,0001.000

$1,217,000319,0(K)

9,6(i(;,0<)01,3!)1I,(KK)

1,(1!)."), r)(M)

4,43."),500018,000812,000

2,379,000

2,209,2501,0<K),<K)0750,000

2,779,382100,000100.000199,493

4,119,09351,500

297,700281,500

916,0003,6(K),000

87,0002,550,0002,621,000

10<),(M)0

3,423,0002,000,000640,600

3,681,000

150,0001,075,000210,000250,000300,000100,00099,0(KJ

195,000397,500146,5007.50.00060,000

175,000100,0001.50,000150,000100,000136,000450,0<M)600,000700,0f>0

10,000,0003,000,0001,000,000

50,000300,000

1,575,0001,722,000315,000195,000718,000424,000200,000688,300

1,393,000856,600

329,000243,800

125,4001,301,000684,000

• 272,500

2,969,000763,00090,00080,000

1..500,000

676777777

7777667

6677

76776777

6 &7

7 3-1066

7 3-107 3-107 3-10

6666

7 3-10(i

66

7 3-107 .3-107 3-107 3-10

777

7 3-10

77

6&76<fe 7

777

6& 77

6& 7

77

7777

77777

J. <b J.M. <Sc M.J. & J.

J. ti J.

J. & J.

J. & J.

J. & J.

J. & J.

Brooklyn,dododododododo

•a

£«§o = S

1015 to -24

1881 to 1909

VariousVariousVariousVariousJ. & JM. & 8.

J. & J.

Q—

.

VariousJ. & J

Buffalo and New York.Buffalo.

Buffalo and New York.do do

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

do do

Charleston.do

Now York City.

3 yearn from date.3 years from date.

18801875

1870-7

1876 to 18951803 to 18951881 to 1^931878 to l»i»July 1, 1890Prior to 1936

July 1, 1878-'81

1875 to '981883 to '84

1890

& J.& J.

& J.<t J.

J. & J.

J. & J.

& J.

& J.

Now York and Boston,do dodo dodo dodo dodo dodo dodo do

Vai-ious

J. &D.VariousM. &N.J. & U.VariousJ. & J.J. <fe J.M. &N.A. & O.M. <t N.VariousJ. & J.VariousM. & S.

M. & S.

M. & S.

A. & O.M. & S.

F. & A.J. & D.J. & J.J. & J.JI. & N.M. & N.J. & J.F. & A.

VariousVariousVariousJ. <fe J.V'ariousVariousJ. & J.Various

IVariousVarious

VariousVarious

VariousVariousVariousF. & A.

VariousVariousVariousVariousA. & O.

N. Y., Metropolitan Banlc.

N. Y., Am. Exchange Bank,do dodo dodo dodo dodo dodo dodo do

N. Y., Am. Exchange Bankdo dodo dodo dodo doCincinnati.

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

New York or London.N. Y., Am. Exch. Nat. B'k

do dodo do

N. Y., Am. Exoh. Nat. B'kdo dodo dodo dodo dodo dodo dodo dodo dodo do

New York.New York and Columbus.

N. Y., Metropolitan N. Bk.do do

N. Y., MetropoUtan N. Bk.do do

N. Y., Fai-mcrs' L. & T. Co.do dodo dodo dodo do

1877 to '83July 1, '82 to "98

July 1, 18801880 to '951890 to '95July, 18951881 to '991874 to '79

18901873 to '89

Deo., 18781878 to '84Nov., 1885June, 18881888 & 1889July, 1888Jan., 1890Nov., 1890

April 1, 1895March, 1897

1897Jan., 1900

June & Oct., 1900March, 1908Sept., 1899Sept., 1899Oct., 1899

Maroli 1, 1886Aug., 1886-'97Dec. 1, 1891July 1, 1902July 1, 1902May 1, 1906May 15, 1004 '

Jan. 1. 1896Aug.,'85, '90&'95

1878 to '951876 to '941887 to '921894 to '951893 to '951876 to '88

1878. '83 &. '841876 to '921876 to *841876 to '85

1876 to '951876 to '89

1876 to '891876 to 19061879 to '911892 to '94

1870 to '851880 to '951881 to '931876 to '861885 to '98

JSM^c/to.—The funded debt. January 1, 1876, was$6.74:J,:sn, and 11 latiugdoht, *:j9S.0:i2. In 18?5 realand personal property were assessed at $:i4,9G:i,I05;

in 1871) rule of valuation changed and assessmentwas 8in,»^r>,905. BuffalD also pays 7-10 (bi-iiig

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 1S81. (V. ii. p. 2;«, 5il ; V. i3, p. 135.)

Ofiartefton, 8. V—The bonds of Charleston aremostly 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 fundsreduce the total debt to t.t,b7i,li<i:!.

Chicafjo.—The total funded debt at the closeof the year 1875 was $13,J57,O0O. Certidcalesof Indebted less, $4,MI,0!)G. Assessed value ofreal property, '74, $;258jM9,3iO; personal, $l.'),l.'>5,'i30

—total, *:i03,-05, 140. Tax rate, IS mills. The Illi-

nois State valuution Is $aa4,118,6J0, and the ci ydebt Is limited to 5 per cent of that. Of thefunded dcht, $4,581,000 is on account of tlie

Water Works, which ia.it yenr yielded an incomeof t7:<«,144. Question having arisen as to whethercertificates were not an incretise of deot, and there-fore illegal, an ordinan<-.e was i)a8Sed autliorizingthe Comptroller to make an endorsement thereonthat thiy "weic issued upon the apnropriatious andtax levies of the city." Some certiflcates went toprotest . See V. V!i, p. 541.

Year -Assessed Value. , TaxReal Estate. Per. Estate. Rate.

1882 $31,587,545 t.5,55i,:l00 $15 00,186^ 60,495,118 19,447.911 20 001861 140,857.040 51,893,604 H 001868 174,505,410 5.3,9Si),4«9 14 001869 ...211,3 1,840 B4,6M,(M0. 15 001870 2Jii,&13,b00 52,312,950 15 00

TaxRate.10 0015 0018 0018 10

Y-pir ' Assessed Vnlne. ,'"^'Real Estate. Per. Estate.

1871 $i3li,89S,(i.50 $.59,81 r.S201872 2:19. 154.890 45.0.12.54)

187S 262,969,821) 49,103.17518;4 258,549,310 45,155,830

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 inM. & N. The So. Park, W. Chicago Park, and Lin-coln Park loans are not debts of the ritv, but ofdistinct corporations. (V. 21, p. 207; V. 22, p. 457,514.)

Cincinnati.—\n addition to the issues abovennmed, there remain several sma'ler amounts, asfol-iows: 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 papulationwas 218,1K10, against 161,044 in 1860. Ta.-: rate for1875, ^i 83 per $1,000. ugain-t $2;l ',» in 1874. Sink-ing funds lire $4-;(i.440, against »7,2a),(IOO of olddebt. The following table from the books of the.\uilitor of llarniUoii County, Ohio, exlubits theassessed valuation of the cltv of Cincinnati in tlie

year IStiO and from 18;0 to is'"!:

Rate taxReal Personal

Year. estate. estate.

1860.. $61,620,901 $31,411,8121870.. 78,7:ill,4S3 57,370,754

56,9:14,044

.^5,46.',410

64,166,460

1871.. 123.437,8831872.. 119,621,8561873.. 121,479,8;01871IKTS.. 12.1,9r6,8t5 58,52 !,7.W

Totalvaluation.»M,0)2,716186,107.23618«8K1,9:«175,094.391m5,615,740181,9)0,0!4181 4fl8,56.5

per$1,000.$17 4531 6022 2020 1023 0623 3828 82

-The city wiU be the sole owner of the stock of the

Cincinnati Sonthem Railroad, in order not to vio-

late the law pr.ihibiting cities, &c., from giving aidin bnilding railroads, &e. (V. 20, p. 14; V. 21, p511; V. 2i, p. 209.)

Clevehnd.—The total valuation of property fortaxation is $73,.305.277 and tax rate 18 15-21 mill", ofwhich 61* mills are levied for interest and sinkingfund. The sinking fnnd, January, 1876, amountedto 81.700,(;00, market value. The sewer, sirett im-f)rovement and street opening bonds are for specialocal improvements, and redeemed by assessmentson the property bcnelitted.

Columbm. ea.—The total debt Is $585,500, sndthe annual interest required about $10,000. Bondsare all coupon, and were issned In small amountsas wanted; 2.5,0110 fall duo each year. C.ly holdssome stocks and other property, t'aluation of real

estate. 1875, $3,92.3,575.

Detroit. .VicA.—The population In 1370 was 79.601

:

in 1874, by State census, 101,063. The value ofwaterworks is $1,589,088. against a debt of $l,100,f'0a

The water works bonds are Issned on a pledeoof the city credit, and $75,1100 per year col-

lected in taxes to pay inteicst on them. As-sessed valuation, 1875, real estate, $iO,22S,875;

personal. $7,448,755 -total, $27,774,630; true valueestimated at $92,582,100. Tax rate, $3 04 per$100.

misoMOi. y. J—Total debt of the city of Eliza-

beth August 1, 1675, wat stated at $5,400,000, as fol-

lows: Geueriil debt, $950,000; assessment debt,ti.Am.OOO. The finking fund has to Its credit

$900,000. Valnation of real and personal property,$33,0O.i,00fl; assessed valuation, $16,0(i0.0i)0. Taxrate is $2 66 within the lamp and water diftrict, and$2 13 ouuide. Population in 1875, 25,000.

Page 8: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

OITY SECURITIES, [Sept.mbcr 30, 1876.

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

DKSCRIPTION.

For explanations see notes on first page of tables

Date ofBonds.

Oalveston, Texas- I

Bonds for harbor improvementCity park b»iids (purchase of block 321)Bonds for various purposesGalveston County bonds, G. C. &8. F. RK....

In<1ianavoU»—Bonds to railroadsI^oan bonds, series ALoan bonds, scries B

do do C ...

Loan bondsPurchase-money bonds—Southern ParkSchool bonds—By Board of School Comm'rs. .

Jersey Citij—Water loan bonds, mostly coupon

do do doForty-year bondsImprovement bonds

do doMorgan street dockCity bonds, couponFunded debt bondsHudson City bondsBergen school loan bonds

do sewerage bondsdo Improvement and water bondsdo bounty loan

Greenville street improvement bondsTen-year bonds, coui)ou or registered

JjoitisvUle^ Ky.—For Jeffersonville Railroad stockSubscription to stock of L. & N. RRWater works

doFor improvement of streetsRe-constructing streetPublic buildings and institutionsPublic school and school housesSewer bonds

doElifcabeth&P. RailroadWharf propertyJail bondsFor old liabilities

do doLouisville, New Albany & St. L. Air Line RR.Change of gauge, Louisv., Cin. & Lex. RRRoadTjed do doCity bonds payable by railroads

Memphis, Tenn.—Scuool and paving bondsPost bondsFunding loan, goldMississippi Rivor Railroad bondsEndorsement Memphis & Little Rock RE

Milwaukee—Re-adjustment bondsGeneral city bonds

do doWater bonds, coupon

do registeredMobile-City debt A, B, C (payable annually till 1891)City debt D, E, F (payable annually tiU 1886)Bonds to Mobile & Great Northern Railroad..Bonds to Mobile & Al. Grand Trunk RRWharf bondsCity funded debtTo Mobile & Northwestern RailroadNow funding bonds

Nashville, Tenn.—Nashville & Chattanooga RailroadVarious city bonds

Ifewark—Bonds, various city purposes (s. fund of 1869)War bonds, floating debt, ifec. (s. fund of 1864)Public school bondsOliuton Hill bonils, coup. & reg. (s. fd. 3 p. c).Sewer and improvement bonds (local liens).' .

Aqueduct Board bondsTax arrearage bonds

Ifeto Orleans—Consolidated debt 1 $650,000 applicable (

do do > yearly to interest and<do do ) principal (

K iliroad debt

Size orI

Amountpar outstanding.

valuB.

1869 to '711873

1860 to '741876

1869 to "70187318741874187.518741873

1852 to '6'

1869 to '7318731871

1872 to '741870

Various.1872

Various.186918691869

Various.Various.1876

18521854

1857 to '671873

1866 to '671873

1871 to '73

1853 to '7018681871

1868 & '73•54,'62,3,8

18681869

1870 to '7418711871

1871 to '73

1851 to '63

1867 to '081867, '8, '9

1870

1857

18611871187618721872

18661866185918701870187118711875

18491866 to '76

1875

1876

185218521852

1854-55

5001,0001,0001,0001,000500

1,000

1,0001,0001,000

500 &c1,0001,0001,0001,000

Variousl,000&cl,0O0&cn ,ooo&cVarious500 &c.

1,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

500 &0,1,000

1,000

500 c&c

1,0001,0001,000

10,000

100 Ac.100 &c,1,0001,0001,000

500 Ac,

1,0001,000

1,0001,0001,0001,0001,0001,000

1,0001,0001,0001,000

$71,50035,000

766,500200,000

145,000300,000300,000300,000200,000100,500100,000

1,418,0003,109,800622,000

1,866,0003,433,000125,000921,000500,000171,050150,000400,000152,000103,000249.000150,000

149,000404,000

1,350,00076,000

201,000600,000650,000234,00081,000

425,0001,993,000352,000136,00090,000

614,000500,000107,000350,000

1,508,000

787,5002,362,000341,00070,000

300,000

356,832243,000100,000429,000

1,171,000

539,209232.400329,000750,000349,000363,500300,000

315,0001,065,000

378,0001,890,000500,000400,000

2,500,0003,030,000400,000

4,042,000209,000140,000

2,379.000

INTEREST.

Rate.

10 g.81010

7-37-37-37-37-38

677777

6&777777777

6667677667766677776

666g.67

57

77

888888g.6

66

6&76& 7

77777

6666

WhenI

Where Payable and byPayablel Whom.

.T. •t J.M & K.

VariousJ. &. J.

JanJ. &. J..1. <v J.

J. <h J.

J. & J..1. & J.A & o.

J. & J.VariousJ. & J.M. & N.VariousJ. & J.VariousJ. & J.VariousJ. & J.J. & J.

J. & J.VariousJ. & J.J. &V.

A. & O.A. & O.VariousM. & SVariousJ. & J.VariousVariousJ. & J.J. & D.VariousVariousA. & O.J. & D.VariousM. & S.

F. & A.J. & JVarious

J. & J.

J. & J.M. &N.

J. &"j.

J. & D.J. & J.J. & D.J. & J.

J. & J.

J. & 3.

J. & JJ. & J.J. & J.M. & N.J. & J.J. & J.M. & N.

VariousVarious

VariousVariousA. & O.J. & a.M. & 8.Vai'lousF. & A.

J. & J.M. & N.VariousVarious

Galveston.dodo

New York.

City Treaflury.N. Y., Winslow, L. & Co.

do dodo dodo dodo dodo do

N. Y., Meroh. Ex. N. Bank,do dodo dodo dodo dodo dodo dodo dodo dodo dodo dodo dodo dodo dodo do

N. Y., Mercantile N. Bank,do do

N. Y., Bank of America.do do

Lonisville.N. Y., Bank of America,

do doNow York and Louisville.Louisville, City Treasurer.N. Y., Bank of America,

do doLouisville and New York,

do dodo dodo do

N. Y., Bank of America,do dodo do

Now York and Louisville.

Memphis.N. Y., P. M. Myers & Co.

do do

Charleston, S. C.

Milw. and N. Y.dodododo

A.Goetteldodododo

Mobile, Bank of Mobile.do dodo do

N. Y., Merchants' N. Bank.Mobile, City Treasury.

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

New York,do

Newark, City Treasury,do dodo do

Newark Mech. Nat. Bank,do dodo dodo do

New Orleans,dododo

Pi-lnclnal—WhenDue.

1880 to '871892 to 19021874 to '95

1906

Jan. 1,1889, to '9«July 1, 1893July 1, 1894July 1, 1894July 1, 1895Jan. 1, 1899Got. 1, 1878

Jan., 1877 to '9b1899 to 1913July 1, 1913May, 18911892 to '94

June 8, 1900Various.

July 1, 1896Various.

Jan., '98 to 1900July, 1889

July 1, 1879 & '89Various.Various.

Juno 1, 1886

April, 1882April, 18831887, '89, 91March 1 , 18831886,' 96, '97July 1, 1903

1891, '92 & 19031883 to '89July, 1898June, 19011888 & 19031878 to 1898Oct. 1, 1888

1 QQQ1880, '94 <fe 1901

Sept., 1891Feb. 1, 1880

July, 1901 & 19031881 to '93

1873 to 19021873 to 1900Nov., 1900

July, 1872

June 1, 1891Jan. 1,1901June 1, 1896Jan. 1, 1902Jan. 1, 1902

1875 to '911875 to '86

1885July, 1899Nov., 1895Till 1901

1901

1875-77-791876 to '94

1876 to '931878 to '91

April, 1888, to' 91July 1, 18951879 to '931876 & 1892

1886

July 1, 1892May 1, 1892

18921874-5 & 1894

Galveston, racaf.—The total city debt is «87.3,0no,

of which all aro 10 per ct. currency except $106,500.

Indlinapolis.—The 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 debtJcno.30, 1815, wa8il,455,000. The School Board ia

a distinct organization from the city, created by aseparate act of the Legislature; levies its own tax,which is collected by tlio City Treasurer. The citywarrants are discounted when sold. The floatingdebt 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 fand was $5-25,565.Assessed valaation. including railroad property, in1875, $88,496,885. on which the tax rate was $3 UOper $100 on $68,496,855, and 1 per cent on railroadproperty assessed at $1 ,000,000. Population by Statecensus 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 thereis payable out of the sinking fund $3,705,000; pay-able by special tax, $4,625,000. Assets of the sink-ing fund, .Ian. 1, 1875, were $3,180,625. I'opulatinnby census of 1870 was 100,750, against 68,033 in 1860;BOW oatlnmted upon the basis of 7 to a voter makes120,000. Assessed value of property, about $79,-100,000. Real value, $100,000,0. 0. Rate of taxationfor 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 proper-ty valaation for the past six years. For 1868, $59,-

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.

Memphis, 7'enn.—The city has been in default forinterest since Jim. 1, 1873. The total floating debtJuly 1, 1876. was $1,9;0,9;2, and there werenominal assets (unpaid taxes, &c ) to balancethis of $I,&19,041. A plan has been suggestedfor settling the dcot. by scaling one-third andhaving a "drawing" system for tlic balance. TheCity Council declared the funding and pav)ng bondsissued by Mayors Ijcftwich and Lofland 1867-8-9 tohave been issued illegally, liut allowed the couponsto be received, pro rata, according to the amountrealized by the city for the bond-; but a decision"

of Tenn. Supreme Court, December. 1875, wasagiinst ttte city on this point. As-.'essed valuationof real estate," 1873, $19,329,603; personal, about$6,500,000. Tax rate, $2 per $100. Population i n18;0, 40,230. (V. 21, p. 186, 570.)

MUicaukee.—The city cannot issue debt b?yond 5per 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 ratein 1875, 2.5.64 mills. SInki g funds are provided forall the bonds. There is also about $180,000 scripissued to settle old railroaa bonds. Population byState census, 1875, 101,000. (V. 17, p. 187, 628, 691.)

Mobile.—Tlie valuation of property in 1876 is

$12,891,825 real estate and $5,377,716 personalproperty; tax rate, 1^ per cent. Interest hasbeen in default since >Iuly, 1873. A settlement withbondholders was offered by Commissioners in NewYork. Sept., 1875. viz.: $.it0 in 6 per cent bond for

$1,000 of the old rt per cent. The 5 i er cent bondshave a Men on city revenue, and exchange for these

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

Kofihville, 7'«m.—At the close of the fiscal year,Sept. 80, 1875, there were $181,100 of post due bondsand $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, whichamounts to $:^85,368; those in second line out ofsinking fund of 1864, $8 2,757; public school bondsoutof public school fund, $89,034; Clinton Hillbonmby sinking fund. $22,221, again.«t local improve-ment bonds the city holds $2,568,C8J of assessmentsunpaid and a lien on the property. Temporary loanbonds, Jan. 1, 1876, were $767,750. Valuation ofreal and personal property, 1876, $96 218,000. Taxrate 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,1874, but coupon.i then due were paid May 15, 1875.

The total funded debt, April, 1876, was $-20,872,332;

certificates, coupons unpaid, &c., $671,781; otherfloating 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;

total tax, 39>f . A scheme for settling the debt byft bond premium drawing plan is in practice, an<l

drawings take place Jan. 31, April 16, July 31. andOct. 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.)

Page 9: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

September 30, 1876.] CITY SECURITIEa

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

-DESCRIPTION.

For explaaationasoeuotes on llrHtpago of tables.

Date ofBonds.

Size orpar

Value.

Amountoututuudlng.

INTEREST.

Rate. WhenPay'bic

Where Payable and byWhom.

Principal—WhenDue.

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

do do 1870Jefferson City (debt assumed)Wharf Impr. bonds (assumed by lessees)Street improvement bondsConsolidated gold bonds (gouoriU scries)

.

do do (draliiago scries)Ten per cent bonds, dellcit and old claim. ..

Carrollton funding and inipro\ timent bondsNew premium bonds (in exchange)

Hew York—Water stock

doCroton water stockNow Croton Aqueduct stock >

Additional new Croton AquedaotCroton water main stockOotou Reservoir bundsCroton Aqueduct bondsOroton water pipe bonds.Central Park fund stock.

do doCentral Park improvement fund stockDock bondsFloating debt fund stock ,

Market stock,

City Cemetery stockCity Improvem't st'k (part red'mable after '96)

do doI^imatic Asylum stock.

.

Fire department stock.Fire telegraph bonds. ..

Tax relief bondsdo do coupon

N.Y. Bridge b'ds ($500,000 red. after July, '96)Accumulated debt bondsStreet Improvement bondsStreet opening and imjjrovemont bondsVolunteer soUiiors family aid fund bondsNinth district court house bondsCk)nsolidate<l stock, couponDepartment of l^iirks impx'ovemcut bondsAssessment bondsCity p.'irk.s iuiiirovemont fund stockNormal school fund stock 1

Public school building fund stockAdditional Croton vrater stockSewer repair stockConsolidated stock

do (redeemable after July '06)Musonm of Art and Natural History stockLiquidation of claims and JmlgnientsImjnovement of Third avenue—'23d wardThird district court house bondsCoimty court house stock

do do No. 3do do No. 4cS:5

SohUcrs' bo uuty fund bondsSoldiers* subs, and relief red. bondsSoldiers bounty fund bonds. No. 3Soldiers' bounty fund red. bonds, No. 2Blot damages red. bonds

do indemnity bondsAssessment fund stock

do dodo dodo do

Repairs to buildings stockConsolidated stock, couponAccumulated debt bondsN. Y. and Westchester Co. improvement bondsConsolidated stockFor State sinking fund dollciencyDebt of Westchester towns annexed

Norfolk, Ya.—Registered stockCoujTOn bonds

dodo tnist funddo X)avingdo water (a mort. on water works.)

Philadelphia—Bonds issued prior to consolidationdo for railrcuul stock subsidy subscript'uedo for water works

186918691870

•57, 'ni.no18701871187218721871

1871 to '72

1841 to '631870

184.5 to '60186.')

1870 to '721871 to 'TZ1865 to '721867 to '70

18691853 to '571853 to '57

1857 to '6518701860

1865 & '68

1869

1869

18691870

1863

1871

187118711871187118731874

1873187318741874

1862 to '681871187218(>41864186518651864

1864 to '72

1868 to '72

1873187418751870

1871 to '721869 to '70

187018741874

18741870187218731871

18551855 to '71

1,0001,0001,000

Various.

100 Ac100 &c100 4c100 &c,100 &c,100 &c.100 Ac,100 &c,100 &c.100 &o.100 &c.100 Ac.100 &c.100 &c.100 &o.100 &c.100 &e.lOO&c.100 &c.100 &c.100 Ac.100 Ac.500 Ao.too Ac,100 Ac.100 Ac,1 00 Ac,100 Ac,100 Ac,500 Ac,100 Ac,100 Ac,100 Ac,100 Ac,100 Ac,100 Ac,100 Ac,

100 Ac.100 Ac.

100 Ac,100 Ac

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

100100100100100100

$1,138,6001,964,8001,351,0.50175,000590,000133,000911,000510,(K)0670,85025,925

7,210,620

2,420,700500,000

2,i)00,000250,000

3,456,0003,656,000965,637490,000450,000

3,341,071399,300

6,349,8005,250,0002,748,000296,00075,000

1,151,0968,089,400700,000521,953597,586

2,767,0003,000,0002,100,0006,500,0003,664,8391,000,000266,500300,000

5,816,5003,832, .500

13,492,8005,465,000200,000636,000635,000265,00(.)

8,779.7001,550,000725.000339,6.5041.000245,000

2,500,000600,000158,091

4,000,000946,700745,800370,600

1,000,000855,204

1,719,400492,700252.000900,450100,000

8,885,.5006,000,000

30,0001,680,2003,899,4931,500,000

1,063,21429,500

175,500192,500189,300500,000

6,940,7411,725,0006.500,000

57787-37-37 g.

8

5A66

5A66a

6&7667656

7A6 g,6

6 A7767

6A766776767

6 A 7

76A 7

666666667667666776667

vr6««•

677

668888

5 A666

J. A J.M. A B,

J. A D,VariousJ. A D,F. A A.

A. A O.M. AN.

.—F.A N..-P..—F..—F.

mTa n.;.-F...-F.

M. A N.I.—F.'.—F.I.—F.

M. A N.Q.-P.yr.&y.M. A N.M. A N.jr. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.J. AD.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N.M. A N..M. A N.M. A N.M. A N.,M. A N.M. A N.pM. a N.M. A N.!m.a N.IM. A N.IM. A N.IM. A N.'m. a N.J. <£ D.M. A N.

J. A J.J. A J.M. A 8.

A. A O.J. A J.M. A N.

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

New OrleanB.dododo

• dodo

New York or London.do doNew Orleans.

do

Sa

Norfolk, Treasurer's Office,do dodo do

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

Phlla., Far. A Mech. N. B'kdo dodo do

Jan.UarcbJune1887Dec.

Aug.JulyJulyApril1B02

1, 18991, 18041, 1895to 1897, 18801, 19111, 19221, 19221, 1881A 1901

1879 A 1880Nov. 1,19021883 to '90

1884Aug. 1, 1900Nov. 1,19001907 to 19151907 to 1911

188018871898

1876, '87 A '95

Not. 1, 1901 to '5

18781804 A 1897

18881889 A 19261889, '92, 99

i88»1889188418791890

1905 A 19201884 to '88

1876, '77, '78, '881879 to '82

18761890

1890-1901Nov. 1,1876 to '80Nov. 1,1876 to '80Deo. 23, 1901Nov. 1, 1891Nov. 1, 1891Nov. 1, 1891Nov. 1, 18821894 to '96May 1 , 1926

19031876

Nov. 1, 1877Nov. 1, 18901876 to '921884 to '881894 to '93

1883 to '901880 to '811895 to '97

18911877 to '79

188218871903

1876 to '781910

1884 to '881901

1884 to '8818911896

1877 to '86

1878 to '85Jan.. 1894Sept.. 1890April, 1892July, 1893May, 1901

1876 to '85

1876 to 1903

N&w York City The total debt of New YorkJannary I, 1876, was tl44.522,02S; the amount ofsinking funda $-27,748,307. The following si;itcmcntshows the details of funded debt, and the amountin the city linking fund at tiie dates named:

Jan. 1,'74. Jan. 1, 'IS. Jan. 1, '76.

Description. $ $ tFundeddebt 99,493,319 118,241,.^l>7 119,056,903Sinking funds... 24,&3'2,bl7 26.615,778 87,748,307

Net debt .74650.602 91,6>5,T79 9I,30S..'^96

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.»JoThe population of New York by the U. .S. census

in 1870 was i!22.531, against 8ii.5,6.-)8 in 1860. SinceJan. 1, 1861, the valuation of property, the rate oftaxation, and the net amount of funded debt havebeen as follows: ^Ratetaxp. Net

Real Personal $1,000.-, FundedYear, estate. estate. State. City. debt.

186I..4C»,9.5.'>,665 174.621,306 3 621862..399,.".lj6,404 172,416,(131 3 87188:!..402,lS7,3f<2 191,967,161 4 2718(H..410,774,43.') a2:{.9J0,.'>05 5 311865..427,S60,8S4 18\,42;1.471 4 «6 24 (H1866..47<,994.9:M 2i7.9M,»7l 3 91 19 0(i

$36 36 f 20,087,30113 45

I21,695,506

16 08I

26,I85,1!»0

17 29 ^ .3:1.769,601

3.5,973,.597

.. 3:l,(>>1.6831867..^55,417,062 37«.:i-(9,)51 4 67 22 0:i .„ 32,911,421)g68..62:),2:l6,555 285,199,972 6 13 70 17 a 35,98:1,617l!'69,.68),18:l,918 281,142,696 2 72 19 98 S 4?,7M,8t0]870..742,10;i.075 ;W5,28^,874 2 70 19 80 B 7;l,.373.5.52

1871..769,3 2,260 3(16,iM7,2:i3 4 43 17 90 " 88,:169,38618r2..797,148,665 306,919,422 5 20 3:181 " 95,582 1,'5:1

1873..8.'?6,6'j3,3-(0 292,51)7,613 5 41 19 59 j 106,363,4711874. .881.647.995 272.4S1.181 6 95 21 05 I 115.187.969187B..883,61:i..545 21T,300,151 •—29 40—•

| 116,773 7211378..' 1,11!,054.00C •'—28 00—' [

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 WestFarms, Morrisauia and Kingsbrid^e, embracingabout 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 thatthe old demancls existing when he took office.

together with the bonds issued to pay defieiency inState sinking fund, and for un-town improvements,aggregate more than this whole increase. All unad-justed claims against the city Jan. 1875. were nomi-nally $6,971,1-19, a large part of which the Comp-troller claims to be fraudulent and has determinedlyopposed. The outstanding assessment bonds (pay-able out of local assc-sments on propcrtvbenefttted)are represented by advaneee to contractors, ad-vances on Boulevard work, and uncollected localassessments. E.xtract from Mayor's Message ofJanuary, 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.)

A'or^o'i.—The bonds dno April, 1892, are twoseries—series 1st, is-^ued to A M. & O. UR. andRaleigh & Gaston RR. ; ccries 2d, to privaie parties.Both series arc secured by deed of trust on cityproperty. Coupons of 1st series arc payable atCitizens' 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.

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; intereston 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 theerection of public buildings, $520,412; school fund,$2,451; State tax on eeltlcmeiit, $5?.5I5; cash forthe departments, $2,.389,.377. 'fhe Comptroller'sstatement to form a basis for taxation in 1876,wns issued Nov. 1, 187.5, maldng total estimatedliabilities, $36.296,SS2 64.

Of this amount $9,298,202 was estimated to comefrom other sources than taxc«, leaving $17,000,080 tobe raised by taxes, at a rate of $:)0 per $1,600 on fnll

city property. These estimates, however, werematerially reduced by the Councils, and the taxrate was kept at 4^ 15 for full city property. Thefollowiug table exhibits the assessed valuation andtax rate In the city since 1870:

I car.

1870.

1S71.1872

RtalEstate.

$470,851,800491,811,096502,415,86:1

1873 618,2:14,568

1874 539,00:),602

1875 B6.%»49,095

1876 685,408,705

PersonalEstate.

$8,188,8738,592,7888,608,8198,930.7009,289,9339,434,873

10,004,673

Rate Taxper $1,000

$18 0018 00aosoSI .10

82 OO21 6031 50

There is po largo amount of city debt maturing In

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

Page 10: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

zfi CITY SECUEITIES. [September SO, 1876.

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

DESCRIPTION.

Forexplanations boo notes on first page of tables.

i)ato ofBouda.

Size orpar

Value.

Amountoutstuudiug.

INTERIIST.

Kato.When

Puy'bleWlierc Payal)le, and by

Whom.

Principal—WlienI>uc.

Pliiladelphia—f Continued)—Bonds for bridgesdo for park and Centennialdo for war and Iwuuty purposesdo municipal, school, sewer, &c

Guaranteed debt, gas loansPUtsbnrffh—Water extension loan (coupon or registered/ .

.

Funded debt and otlicr miuiicipal bondsCompromise lailroad bonds (coup, and reg.)..Bonds impr. Poun.av., &e. (local assossmuut).

Portland, Me.—Loan to Atlantic & St. Lawrence Railroad Co.

do Portland & Rochester Railroaddo do dodo Building Loan Commissionersdo Portland & Ogdcusburg

Municii)al—proper }

In aid Atlantic & St. Lawrence Railroad Co >Providence, li. J.—Loan to Hartford, Providence & FishkiU BE.Bonds for public improvementsRecruiting and bounty bondsWater loan bonds, gold, coupon and reg

do do dodo do do

City Hall & sewer loan b'ds, sterling, op. or regProv. & Sprlngllold RU. bonds, guaranteed...

BocheMer, N. T.—To Genesee Valley RailroadTo Roch. & State L. and K. N. & P. Railroads.For variou.s cit.v improvementsWater works loan, coupon and registeredFunding loan

JSan JfYancisco—Bonds of 1858, coupon (gold)San Francisco & St. Jose RR., coupon (gold)..Judgment bonds, coupon (gold)Central Pacitlo Railroad, coupon (gold)Western PaclUc Railroad, do doSchool bonds, do doJudgment bonds, do doSchool bondsPark improvement bondsHospital bondsHouse of Correction bonds

Bavamuih. Oa.—Construction of water worksImprovement of Savanniili RiverSavannah, Albany & G iiU' RailroadFunding coui)on8 and other purposesRedemption of bondB

do doBonds for city improvementsHarbor, &c. , nuprovemcntsFor floating indebtedness

St. Joseph, Mo.—Bonds to St. Joseph & Denver City RI^, 1869.

do Missoml Valley RailroadBonds for various pm^posesBridge bonds

Bt Loiiti—Renewal and floating debt bondsReal estate, buildUifcs and general purposes..Street improvement bondsWater work bonds (old)

Tower Grove Park bonds (gold)Sewer bondsHarbor and wharf bondsNew water work bonds (gold)

do do doRenewal and sewer bonds (gold)Renewal pm-poses, gold or sterlingReufewal and Improvement bonds, goldRenewal, Ac, bonds, gold or sterling, coupon.Bridge approach bimdJs (gold)Anticipation bonds

iS*. Louis Count)/-Renewal bonds, couponBonds to railroads, coupon '.

.

Insane AsylumCounty JailGeneral purposes, goldRenewal, goldPark bonds, coupon, goldCounty bonds

St. Paul, Minn.—Revenue bondsPrefeiTcd bonds8 percent bondsj^ake Superior A Mississippi Railroad.~ ~ ...,.• - . ^St. Paul ife Chicago RaiU'oaiPublic Park (Como.)

Toledo, O.—General fund and doflcioncy bonds, coupon. .

.

Toledo & Woodvillo Railroad, couponVarious City imvposes, coupon

do do dodo do do

Floating debt, coupon. . i

Water worksShort bonds, chargeable on special asscssm'ts

18.^9 to '7018«8 to '701862 to '651860 to '70

1868 to '74184.5 to '72

18631871 to '73

68,'69,'701867 to '69

18721867 to '68

1872

18D2-75

1855186318731874187618751872

1875

18581862

1863 to '6418641865

1866 to '67

18671870 to '72

1872 to '751871 to '73

1874

185318531853186618691870187018721873

1860 to '69

18691858 to '69

1871

1846 to '71

1840 to '081851 to '6(;

1856 to '581868

1855 to '69

1852 to '68

1867 to '701872

1871 to '7318731875187418721876

1867 to '71

1853 to '55186718681872

1873 to '7518751875

1868

•70,'71,'741870

1859-'65185y-'74

1869 & '73|

18671873 <fe '74l

1873-'75

1,000500 &a.

i',6oo

500 (be

lOOO&e,1000Ac.lOOO&c.lOOO&c.lOOO&c.lOOO&c,£100

1,000lOOO&o.VariouslOOO&c.

500 &c.500 &e.500 &c.500 Ac.500 Ac.500 Ac.500 Ac.500 Ac.500 Ac.500 Ac.

500500

500 Ae.100 Ac.1,000500

1,0001,000

500 Ac.

500500

100 Ac.500

VariousVariousVariousVarious1,0001,000

Various1,0001.0001,0001,0001,0001,000500

1,000

1,0001,0001,0001,0001,0001,0001,0001,000

VariousVariousVarious500 Ac.1,000

$4,853,5008,696,100

11,650,00011,660,3.505,399,400

4,413,4001,537,2862,179,4694,800,700

787,000700,000450,000570,000

1,350,000J 2,230,300} 375,500

500,000600,000300,000

2,000,0002,000,0001,.500,0001,400,000500,000

172,000750,000

1,065,0003,182,000410,000

548,000108,.500484,500377,000250,000197,000246,000385,000475,000210,000150,000

198,00004,500

937,500368,800117,000349,-500534,000500,000400,000

431,500150,000299,400500,000

2,010,0001,2(>0,000166,000337,000346,000914,000

1,219,0003.i»50,0001,250,000680,000

1,074,000657,000

2,072,000461,000

1,200,000

450,0001,490,000100,000500,000600,000450,000

2,300,000500,000

499,92767,210

2(>3,125200,000100,000100,000

519,500453,00045,349

589,50045,00098,000

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

66666

76 A74 A5

7

66

5 A65

665

5&6g.5g.

5 g.

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

7 g.

7g.%«7 g-

%^-

7 g.

6 g.

6g-6

777777777 -

6A 77

10 A 610

66666 g.666 g.

6g.6g.

i«-6 g.6g.7

6g.77

g.

6g.6 g.

6g.

12 A 778667

87-36877-38

7 A8

A. & O.VariousJ. A J.Various

M. A N.J. A J.

J. a"d.

m'nthlyA. A O.

J. A J,

M. A S.

J. A J.J. A JJ. A J.J. & JJ. A J

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

J. A J.VariousA. A O,J. A J.M. A NA. A OA. A OJ. A D.J. A JM. A N,J. A J.

F. A AM. A N.J. A DJ. A J.M. A NJ. A J.M. A NJ. A J.J. A J

VariousM. A N,VariousJ. A J.

VariousVariousVariousVariousF. A A,VariousVariousJ. A D,A. A O,VariousM. A N.M. A N,J. A J.J. A D.

Phlla., Far. A Mech. N. B'k.do dodo dodo dodo do

Philadelphia.Pittsburg, PhUa. & N. Y,New York, B'k of America,

Philadelphia.

Boston, Foote A French.Boston, Columbian Bank.

1876 to 1903

1876 to 1905

Bost., Blackstsne Nat. B'k.

Boston and Portland,do do

Providence.dodo

Boston, Prov. and LondonN. Y., N. City Bank, A Prov.

do doLondon, Morton, Rose A Co

Providence.

N.Y., Metropolitan N. Bk.New York and Rochester.

do doN. Y., Union Trust Co.

do do

San Francisco,dodododododododododo

New Y'ork and Savannah,do dodo dodo dodo dodo dodo dodo dodo do

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

St. Joseph and New YorkN. Y., Nat. B'k Commerce

N. Y., Nat. Bank Republicdo dodo dodo dodo dodo dodo do

New York and St. LouisN. Y., Nat. B'k Commerce.

do doNew York or London.

do dodo do

N. Y., Nat. B'k Commerce

1893 to '981877 to 11 2e

19131883 to '85

Nov., 1886,'87,'88July, 1887July 1, 1897June, 1877

19071876 to '91AprU,1877

Jan., 1876Sept., 1885Jan., 1893Jim., 1900Jan., 1900July 1, 1906July 1, 1895

1892

1878 to 10031893

1876 to 1902Jan. 1,19»3

1905

Jan. 1, 18881877 to '78

Oct. 1, 1883July 1, 1894Mayl, 1895April 1, 1881Oct. 1, 1887

June 1,1882 to '001897 A 1904Nov. 1, 1891July 1, 1894

J. A JJ. A J.J. A J,

M. A S.

J. A D.J. A J!A. A O.M. A N,

'm. a N,IM. A N,VariousJ. A D,J. A D.

A. A OM. A N,F. A AVariousVariousF. A AVariousVarious

N. Y., Nat Bk. Commerce,do dodo dodo dodo dodo dodo dodo do

St. Patil and New York.do do

N. Y., P. M. Myers A Co,

N. Y., Farmers' L. A Tr. Co.

New York,dododododododo

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

18781883188818861879189019001902

, 1903

1880 to '89Nov., 18891878 to '89

1891

1876 to '911870 to 19061879 to '861880 to '83Aug., 18781876 to '891877 to '88

June, 1887, to '90April 1, 18021891 to '93Nov. 1, 1893May 1, 1895July 1, 1894Dec. 10, 1892

1877 to 18811878 to 1880July 1,1887Sept. 1, 1888June. 18021893 to 1895April 1, 1905May 1, 1895

1876 to '901870 to '86

1889. '90, '961888 A '98

1900

1876 to '88

May, 19001877 to '841870 to '891878 to '79Aug. 1, 18771893 A '94

1876 to '81

PUlsbMrah.—Tae toM debt Feb. 1, 1875, was $1.3,-

533,819, including water loan and bonds, char^'eableon local assessments. Cash valuation in 187.'j : Realproperty, $149 4o9,070; tievjonal, only $S,6:7,<>4S,

according to Comptroller's report. Sinking funds,$55:i.'i08. Pounlatioa about 140,000,

Portianrt, Me.—'Yhe sinking fund March 31. 1876,

wa8fSS7.19'.. The city is protected by mortgage.'!

on At. & St. I.awr, and on Portland & Rrtches-

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). Taxrate, $25 per $1,1100. Population in 1870, 31,413,

against 26,341 In 186'.

Prmidena, iJ./.—The principal debt of Providencehas been created since 187S for water works. 1'he

floating debt at close of fiscal year September .30,

1875, was $-2,020, '.96, and funded debt, $6,797,250.

The assesped valuation of all property In 1875 wastl8S,OS4,100 against *123,b82.S00 in 1874. Rate of tax,

14 BO per $1,000. The sinking fund for bonds duetn 1885, $410,674; shiking funds of 1893, $149,972;

H. P. & F. Railroad bonds held. $500,000. Popula-tion by U. S. census, 1870, 6S,901; by State census,1675, 100,B(30.

l^ochesfer.—The bonds of Genesee Val. RR. loan.$172 000, are provided for by net receipts fronvalease of said road to Erie RR. Co. after paying theinterest out of said receipts. Valuation of propertyabout $62,000,000. Rate of tax, $1 3-;.

San Francisco.—Population by the V. S. censusof 1870 was 149.482, against .56,802 in 1880. Realestate in the fiscal year ending June 30. 18'6, waassessed at $16'.',014,327; personal property at $99,-160,814; sinking funds raised annually amount to$'34,500. Tax rate, $15 per $100 for cltv andcounty, and .64 9 in for State purposes. Total,2.C9 9-10. All tUo values for San Francisco are givenin gold.Savannah, On.—To provide for floating debt and

maturing liabilities in 1873 and 1874 $40.1,000 bondswere issued and sold in Savannah realizing 8;3J»,730,

and leaving only about $136,277 of floating debtDec. SI, 1S74. The city owns real estate and other

property valued nominally at about $4,237,600.Assessed value of real estate, $11,000,000. Poptila-Mon in 1870, 23,2:J5, against 22.293 in 1860.

St. Jo'epfi, .Wo.—Popnlation in 1870 was li>,5e5,

against 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. iOKi.",—Population by the U. S. census in 1870was 310,864, against 160,773 in 1860. The city andcounty governments and finances are separate.Total funded debt. Mar. 1.3, isril, $16,81H,000. Float-ing debt, Oct., 1875, was. $1,027,000. Taxable valu-ation of properly, 18T5, $160,125,700; tax rate inlt76, $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 valnationof taxable property, $13,194,885. or about one-fifthof the actual value; tax rate, 14 mills. (V. 15, p. 626.)

Toledo—VmAcA debt, Jan., 1876, $2,828,754; in-crease duringl87>, $186 8^7. Debt payable by specialassessments. $728,090. Taxable valuation of prop-erty, $19,798,580; tax rate, $4 44 per $160.

Page 11: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

Sej^temler 30, 1876.] BAILEOAD STOCKS AND BONDS. xiii

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

DESCRIPTION.

For expliUiatiou of column hniuliiiKH, &o., boo noteson tlrgt page of tal>le8.

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

2<l iiiort., $!),()0() iier milo, not guiirantoodEccclvisi's liondsor cwtillcutos

Albany tC Siisiiuehamia—SioaliIst inoit/jagoAlbany City loan (sinking fund, 1 per ot. yearly)2<l U)oi(j;ago3d uiortgaKi!, sinking fundCouHol. niort. (guar. 1). & II.) ooup., may bo rog...

AlhghUHij Yalhu—SioakGcnpral mortgageBond.s to 8tat<< I'a. (endorsed) 2d niort.Ist niort., Kast'n Kxtuu., guar, by l"a. RKFunding iiiconui bunds, with traiil<i guarantee....

Alexandria it tYeflricksliHri/—\»t mortgageArkansas Central— Ifit & 2d luurtgagus, goldAshtabula, Yaunqstown <£• i'JWu.—Ist mortgage

2(1 inorlirage. IncomeAtchison* Nebraska—l»t mortgageAtchison, Topeka it Santa J"*—Ist mort., gold

I^and grant mortgage, gold (on 3,000,000 acres)

.

Income bundsConsol. bonds, goldNotesLand iucomo bondsPottawat lomle bonds (contingent)Wicliita it S(nitliwe8t. (leased) Ist M., gold, giuir..

Atlanta <t Itichmnnd Air Wiic—Ist mortgageAtlanta <t iVest i'oin/—StockAtlantic d- Great irCTto-ii—Stock (total .$40,000,000)Preferred stockOld let mortgage bonds, Ohio Division1st general murtgago (.1il 8,000,000)2d do do ($12,000.000)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 bondsAtlantic it (7k//—Common stockGuaranteed stockConsolidated 1st mortgageBavunnali Albany & liilli RR. mort. bondsSouthern fluorgia & Florida, 1st nu)rtgago

do do 2d mortgageAtlantic, Miss. iC OAio—Stock, (com'n, pref. & guar.)

1st mort. consolidated, gold (for $15,000.000). . .

,

2d mort. to the State (no interest till 1880)Norfolk & Petersburg—1st mortgage

do do 1st dodo do 2d do

Soutli Side-1 st preferred consolidated mortgagedo 2d do do dodo 3d do do do

Virginia ATcunossee—Enlarged mortgagedo do 4th mortgagedo do Registered certificates .

.

do do Interest funding bonds..Atlantic <e Paci/ic—Common stockPreferred stock, Mi8.souri division

do do Central divisionIst mort. (Southern Pacilic), gold (land grant).

.

iBt mort. (At. & Pae.), gold, on 500 acres land.

.

2d mort. (At. & Pae., Mo. J)iv.), gold1st mort. (Cent. div. At. & Pae), gold

do do do land grantIncome bonds for fundingEquipment bondsInterest scrip (exchangeable for bonds)Plain bonds, scrip exchangedLand debentures

Atlantic rf at. Lawrence—Stock, currencyStock, sterlingPortland city bonds, 1st mort., sinking fund. ..

2d mortgage, sterling, 5-20year83d do do doSterling bonds, not mortgageg

Aitg'^lti <t- Savannah—Stock

Milesof

Road.

812!«(2UG

20i142142142142142202132262110

Ki48021s

l.'iO

470

27 "a

2051287

585585

400400400

346

286

"58

58428428428818181

133133133214214

32S3283282»329320335

1.501.5015015015015053

Datoof

B(Uid8

1871186018091872

im:i1805180518091870

isii'c

1870187118741866187118711874187118091870

18721870

187118711871187218731873

1867

18091869

1871187118571857186818601866180618541805Var'us1809

1868186818711S7118711873

18731874

1808180418711853

Sl7.e, orI'ar

Value.

1,0001,0001,000100

1,0001,0001 ,000

500 &0.1,000

501,000

1,000100 &c.

500 Ac.1,0001,000

500 &e,500 &o.

1,0001,000100100100

.50'0"&c,

500 Ac,500 &c,1,0001,000500

ibo100

500 &c.

500 &e.500 &o.1,0001.000

200 &c.200 &c.1,0001,000

Various100 &e.

100100100

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

100£1001,000£100£100£100100

AmountOutstanding

fl ,000,(M)05,220,0002,073,0001 ,200,0(M)3,500,0001,000,000933,(MK)

2,000,000253,000

1.505,0002,166,.50O4,000,0003,400,0009,980,0005,403,9001,000,0001 ,200,0001,500,000400,000

3,7.50,0007,041,0003,374,000475,000

3,050,000502,000475,000623,500412,000

4,248,0001,232,200

24,795,2989,876,2502,410,300

15,165,20011,989,68028,783,0005,355,0003,508,0002,060,0001,748,5003,693.200785,976

2,000,000300,000464,000200,000

6,921,9005,470,0004,000,000300,000157,000458,000675,000621,000452,500990,000963,00087,811

226,3008,300,300

10,000,0001,400,0007,188,5002,829,0002,015,,5001,189,000795,000599,300753,000302,500

1,290,500450,00028,6(X)

4,970,680787,000

1,500,000713,000484,000

1,022,900

INTEREST OR DIVIDENDS.

Rate perCent.

8

t'-731a76777

' 7'305

7 or 6 g77

8&7g.?«•

8

?«•

127is-

77 g.7g.7g.

I'-7

J. & J. N. Y., Third Nat. Bank..7. & J.T. & J

When When Payable, and byPayable Wliom,

i<onrf»—Princi-pal, When Due.Uliickt -ljt»tDividend.

31a7777

"s7886

68

.88

6g.!!«•6g.6g.Sk-6 g.106g.« S-103

I'-

V-

J. & J.J. & J.M. & N.A. & O.M. & N.A. & O.

J. & J.Jan'aryA. & O.A. & O.J. & D.J. & J.

A. <fc O.J. & J.

M. A S.

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

A. & O.J. & J..1. & J.M. & N,J. <fe J.

J. & JJ. & J,

A. & O.J. & J.M. & 8.M. & N.J. & JJ. & J.J. & J.

M. &N,J. & J.

M. d: N.M. & N.

A. & O.

& J& J.

J. & J.

J. & J.J. A JM. A NM. A NIn 1901J. A D.J. A D.J. A J.

J. A D.Q-J.

F. A AM. A 8M. A N.A. A OM. A N..M. A NJ. A D

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

do dodo dodo dodo do

N. Y.,Wlnslow, L. AOo.Ilnrrisburg, Treasury.Phlhulelphia or Loudon

Pittsburgh.Phllu., Pcnn. RR.

Ijon<lun A Amsterdam.N. Y., WInslow, I-. A Co.Pittsburgh, Penn. Co.

Boston, at Ofllcc.

N. Y., G. Op<lyke A Co.Boston.

March 1. 1896$100,000 y'riy.

Oct., 19011894

Juno 1, 1806July, 1801

19011904

Sept. 1, 1806July, 1800

Oct. 1, 1900

Boston.dodododo

N.Y.,M.K.Jeeup, P.& CoAtlanta, Ga., atTroaa'y,

Now York and Ix>ndon,do dodo dodo dodo do

London, Co. 'a Office,

do do

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

do dodo dodo do

N. Y., First Nat. Bank.

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

Lynchburg Office.N. Y., First Nat. Bank.

N. Y., Office of Comp'nydo dodo dodo dodo dodo dodo do

do doN. Y., Office of Comp'ny

Portland.London, Gr. Trunk Rw.

Portland.Ix)ndon, Gr. Trunk Rw.

do dodo doSavannah.

Juno, 1001Jan., 1880Jan., 1880

July 1,1876July, 1888Nov., 180SOct., 1888Hay, 1881

April 1, 1006

1903T7,'78,'70 &'82

July 1, 1902July 1, 1900Aug. 1, 1876

Oct. 1, 1876Jan., 1902Sept., 1902Nov., 1902Jan,, 1902Jan., 1003

July 1, 1876

1875July, 1807

18801880

Oct. 1, 1901

187718771893

'84-'9084-'0086-'901884190018751880

Jan. 1,

Jan. 1,

July 1,Jan. 1,Jan. 1,

Jan. 1,July 1,Mch. 1,Jan. 1,July 1,

July, 1888July, 1888Nov., 1891Nov., 1891

Nov. 1, 1901Deo. 1, 1883Juno 1, 1885Dec. 1, 1883Deo. 1, 1883Jan. 1, 1884Aug., 1876

Sept. 15, 1876May 2, 1886Oct. 1, 1884Oct. 1, 1891Nov. 1, 1878June, 1876

Alabama Central.—la default since January, 1878.Negotiations pending for a new adjustment.

Atabami <E CAaWanooyo.—Road sold May 3, 1S75for f l,20a.OOO, subject to lien of receiver's certifl-cstes. To be sold again October 4, 1870. (V. 21. p.38, 6-2,25:1, aie, 323, fill; V. 82. p. 01, 8:, 135, 157,Ml; V. aa, p. t9, 62, 8S, 124, '.5.).)

Albany ({ Suxijiiehanna.—This road was leased for150 years from 1870 to Delaware & Ilud-on CanalCo., at 7 per cent per annnm, on stock imd bonds.Importnnt change m term." made in 1876. Consol.mortgage is for $10,0;)0,0. 0. of which !f3,4.W,ono isto retire old l)onds, and balance for a part of oldstock and to \ca.ica for hnprovcments, wtiich up toApril, 1876, were $1,978,618. (V. 22, p. 399,495; V.t3. p. 101.)

Alleghany Vofl'y.—This road was embarrassed in1874, and compromised with creditors. The un-•oMled debt Jan. 1, 1876, was S6TK,lt i. Abstr.ict ofoperations m 1875 In annual report, V. 23, p. 3»2.

Alexandria c6 Fridricksburi.—Tha PennsylvaniaRailroad hold.i $512,OUOof the bonds and controlsthe road. Loss on operation in 1873, $2S,074.

Arkanens Cmtral. - Mo«t of the bonds were sold inLondon, where $600,0!)!! of Sd mortgage bouds werealgo hypothecated. Kcccivir appointed, March. 1876.(V. 22, p. 374; V. 23, p. 30.'.)

AthtafMa, Youigsioiim <J ««».—It Is leased andoperated by Pennsylvania Co. at cost. Net earnings?ald to lessor, but lessee guarantees interest on8t mortgage for five years. Common stock,

•1,600.000; preferred, $400,000. Net earnings, 1875,^34.156.

Atchison (ft A'«Jrnfta.—Interest was in defaultSeptember, 1873, and coupnns funtled. Gross earn-ings, 1875, $a70,9i5; net, $272; unpaid coupons toJan., 1876, $750,000. Auniial report V. 82, p. 39tf.

Atcliisen, Topeka cS Santa Fe.—flct earnings. 1875,$821,<07. Interest is paid on »976,0IX) of the 2dconsol. mor*ga;:e bonds, but on the balance of thatIsenu the coupons are funded to October 1, 1S76.Coupons, due Julv 1. on notes, paid half in cash andhalf m scrip due i3'<2. (V. 21, p. 63. 136, 3i3, 591;V. 22, p. S.33, 3J7, 445 ; V. 2.3, p. 16.)

Atlanta <* nicAmond Air Iin«.—Defaulted in 1873,

and now in litisration. A decree of sale in fore-

closure was matlo October, 1875. Report of earn-ings Ac, V. 22, p. 135. (V. 81, p. 14, 85, 333, 418,

488, 612; V. 23, p. 589.)

Atlanta <l West Point.—GToen earnings, IST.'-'!,

$S83.49S; net earning.', $99.5.39. It has about $200,-000 of bonds. (V. 23, p. 3 02.)

Ailantic tt Oreat Western.—Th\» road was leasedto the Erie for 0!) years from May i , 1S74, but thelease did not go into effect. Shortly after (in

July, 1S74) default was made on its bonds. Thelasit annual report, to October 1. lg'\ will befound in V. 21, p. 37 1. Proccedrngs Uoking tore-organization hto in progress, and a considerableamount of -iecurilies has been deposited by hold-c 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$965,869; net earnings, $326,91(t. The C ra-

pany also has $500,000 10 per cent coupon notesoutstanriiiig; $45,000 -lunctlon Branch Rlt. binds,and $5!..'SIX) Kalnbridge Kxtonsion bonds. (V. 21, p.

275, 4S8; V. 82, p. 469.)

Atlantic, Mississippi <fc Ohio. — Of the stock$5,815,700 is common, $800,000 preferred, and $276,-

2)1) guaranteed; the company, itself, holds$3,441, '200 of the common, all the preferred,

and $165,700 of the guaranteed stock. G oss earn-

ings year ending September 30, 1S75. $1,782,453;

expenses, $1,108,947; net earnings, $673,505. There

was a decrease of gross revonne by $44,890and a decrease of ret revenue of $54,114. Of the

$15,000,000 loan, enough is held to retire all theold debt. The company fandcd one coupon onold bonds, Jan , 1874, but paid subsequent couponsIn part. Funding notes due 1875 and 187.) wereissued. In October, 1875, in London, the companymade a proposal to fund whole coupon Uien due,on consol. bonds, and four-sevenths of coupons duoup to 1881, paving three per cent cash on couponstill 1881, antl balance, if earned. A bill to foreclose

t ^e c()nsolidated mortgage was filed by the tmsteeathereof, at Richmond, Va., March, 1876, and to

.lune receivers were appointed. Extract from Prcal-

dcnt Mahone's circular to bondholders, showingthefinancial condition, is given in the Cukoniclk, V.22, p. 28f. (V. 91, p. 569, ?,9I; V. 88, p. 110, 231,880, 327; V. 28, p. 607, 581; V. 23, p. a*, 85, 238, V&878.)

Atiantic iSk Pacific—TWs was a consolidation, in

Oct., 1870, of the Atlantic & Pacific and So. Paciac.The land srant amounts to some l.noO.f'OO acres.

Interest was passed Jan. ,'74, on the land grant bonds,the 2d mortgage and the interest scrip, but couponsfunded . Alireak in the company's aflirs occurred

in October, 1873; the Missoun Pacific lease was sur-

cndercd and complicated litigation against the Atlan-

tic A Pacific Companv con.menced. Receivers wereappointed. Interest of January. 1876. on land grant

b'-nds was not paid. Decree of foreclosure madeJune 7, 1S76, and sale took place Sept. 8. 1878. (V.

21, p. 9, 418, 4)0, 466: V. 82, p. 61, 852, 874, Wl,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 andstock.

Atigusta <t SfltionnaA.—Leased to Central of Geor-gia for $73,000 per annum ; has surplus fond mabout $50,000.

Page 12: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

xiv KAILROAD STOCKS AND BONDS. [Septem'rer 3), 1876.

SDbacrlbers nrlll canter a great tavor by sivtns immediate notice of any error dlacovered In these Table*.

DESCRIPTION. I.

For explaoation of column headings, &e., see noteson fti'st page of tables.

SaUl Eoffte yaWc)/—Ist mort., s. f.($5,000 per year).2(1 mortjjase ($5,000 per year)

Bjltimore <£ OAto--StookPreferred stockWasUiugton brauoliLoan, IS.'iO

lioan, 1853do 1870, sterling, £800,000

Baltimore loan, 1855-'90Debentures, sterlingSterling mortgage

do do sinking fundPurchaseof Connellsv. RR (payable$40,000y'ly)Northwestern Virginia, 3d mortgage, 1855-85 . .

.

Baltimore tCrotomac—lat vaovt (timuel) goldIst mortgage, gold, (main line)2d mortgage, income, main line and tunnel

BeUemllc <£ South. 111.—lat M., sink'g fund, guarBeleideve Del.—1st M. b'ds of 1862 (guar, by C. & A.)2d mortgage, bonds of 1854 ( do do )

3d do do 1857 ( do do )

Consol. mortgage of 1867Berkshire—StockBoston it Albany—Stooi^Dollar loanLoan of 1875, coupon or registered

Boston, Clinton <t- FUchburg <& New Bedford—Btock.1st mortgage, Agricultural BranchMortgage bonds 1869-70Equipment notesNew Bedford Railroad bonds

Boston, Concord te Montreal—Preferred stockCom. stock (for old dividends& new stock)Sinking fund l>ond8Consolidated mortgage bonds (for $2,000,000) ....

Boston <t Lowell—StockMortgage, wharf purchaseBondsNew bonds

Boston <£• jlfainc—StockBonds, coupon and registered

Boston A New Xork Air-Lin*—lat mortgageBoston <£ Providence—StockBonds to purchase branehe*i, coupon or registered

Buff.,J}rad.it I'iUs.-Qen. M.,(iucl. 10,000 ac. I'd

Buffalo, New York rf! £rie—StockI'st mortgage bonds2d mortgageConsol. mortgage

Buffalo, N. Y. (£ Philadelphia—Ist mort., gold2d 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 bondsMuscatine western extensionInoome and equipment mortgage

Burl.itUo. Kin.—1st M. on r'd& 400.000 ac's I'd 1 j.aBonds, conv. into C. B. & Q, st'k (3d series).

I a ujInoome 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.. ) (joupBonds, convertible till Jan., 1882 V mayOmaha & S. W., 1st mortgage, guar jborg.

Burt. A Southwest.—Ist mort., cp., may be reg.

.

Cairo A St. Louis—1st mortgageCairo cE Vincennes—1st mortgage, goldCalifornia Pacific—lat mortgage, gold- ,

2d mortg age, endorsed by Central PaoiilcCamden <& jlHan(ie—Stock ($838,150 of it pref.). . .

.

1st mortgage2d mortgage

Camden A Burlington Co.—1st mortgageCanada Southern—1st M., gold, s. f., cp. & reg...Tol., Can. S. & Det., 1st mortgage

CaroUmi CenfraJ—1st mortgage, gold, coupon. .

Inoome bonds, couponCayuga—lat mortgage, gold

Milesof

Road.

5151

5885230

Dateof

Bonds

411421

92J492145667

21270

2943

160

160113

143

"52

63

"2614214014014012112121994241431

281

40

ioi

"49

10515015614114160606031

291

24224240

18611864

18501853187018551874-518721874187518551871187118751866185218.'>4

18571876

1871-21875

185469-'70

61-'74

18581873

18721876

1873-41875

1873

1857

18711873186918721872187218741863186818691869187018691873187218701871187118691871

1853185518671870

187318741871

Size orpar

Value.

$100&c.1,000100100100

£200£100£200

1,0001,0001,0001,0001,000500500

1,000100100

1,0001,000

1,6001,0001,000500 &c,

100100

100 &c,100 &c

500

100500 &c1,000100

I'.obo100

1,000

500 &c.

1,6001,0001,0001,0001,00050 &c.500 &c.500 &c.500 &c.500 <fec.

500 &c.500 &c.1,0001,000

1,6001,0001,000100

1,0001,000500 &e,1,000

1,6001,0001,000

AmountOutstanding Rate per When Where Payable and by

Cent. Pay'blc Whom.

$336,900100,000

13,144,1004,348,4691,650,000579,500

1,710,0003,398,9563.253,0263,872,0009,198,8529,576,0001,000,000140,000

1,.500,0003,000,0001,133,0001,100,0001,000,000499,500745,000

600,00020,129,2825,000,0002,000,0002,681,750400,000499,600600,000571,500800,000

1,000,000624,000

1,309,5008,250,000200,000999,500750,000

7,000,0002,000,000500,000

4,000,000500,000580,000950,000

1,922,000262,000200,000

2,582,000805,500

5,400,0002,200,0001,800,000800,000

2,000,0004,638,2.50308,500300,000290,000407,000

5,715,000600,000

1,034,00020,000 p. m2,500,0003,500,0002,250,0001,600,0001,215,550490,000500,000350,000

9,000,0001,500,0003,000,0003,000,000800,000

INTEREST OR DIVIDENDS.

675356666g.eg.«K.%'66g.6g.

866671%576

6'

78

6&73

"e'6&7

3G763774773I2

777g.6 g.

107g.7 g.7 g.

?«•|S.

8

8888877g.7 g.

6g.27g.767g.7 g.

««7g.

I

Bonds—VriMdpal. When Due.Stoeks—'ijaatDividend.

J. & J.J. & J.M. & N.J. & J.A. & O.J. & J.A. & O.M. & S.

J. & J.J. & J.M. & S.

A. & O.J. &. 3.

J. & J.J. & J.A. & O.J. & J.A. & O.J. & D.M. & 8.

P. & A.J. & J.Q.-J.M. A N.P. & A.J. & J.M. & N.J. & J.

J. & J.A. & O.J. & J.M. & N.

J. &"j.A. & O.J. & J.A. & O.A. & O..1. & J.M. & N.M. & N.P. & A.M. & N.J. & JJ. & J.P. & A.J. & D.M. <& N.J. & D.J. & J.J. cfe JM. & N.P. & A.J. & JM. & S.

J. &T>.A. & O,J. & J.A. & O..1. & J.

J. & J.

J. & J.

J. & J.

J. & DM. & NA. & OA. & O,J. & J,

J. & 3Q.-J.

J. & J.

A. <& O,F. & A,J. & J.

J. & J.

J. & J.

A. & O.J. & D.

Phlla.,Fann. AM. Bankdo do

Baltimore OHice.Bait., Morch.ants' Bank.

Baltimore Office.Bait., Merchants' Bank.

Baltimore OBice.London.

Baltimore Oflice.London, Naylor &, Co.

London.do

Baltimore.Bait., Mech's Nat. BankBaltimore or London.

do doBaltimore.

N. Y., Russell Sage.Trenton, N. J., Office.

Philadelphia.do

Treasurer, Trenton.N.J.Boston, Kidder, P. <& Co

Boston OlBce.dodo

Boston Office.Boston, Boston N. Bank

do dodo do

Boston, Suffolk N. BankBoston Office.

Boston Oflice.do do

Boston, at Office.do dodo dodo do

Boston, at Oflice.

do doNew York.

Bostoi', at Office.do do

New York, Erie RR.N. Y., Erie Railway.

do dodo dodo do

N. Y., Farm. L. <fe T. Co.do do

New York or London.do dodo dodo dodo do

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

do dodo doBoston Office.

dodo

Boston, Go's Office.

New York and LondonN. Y., Nat'l Park Bank

do doCamden, Co.'s Office.

Phila., Farm. & M. B'k,do do

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

N. Y. Oflice, 4 Broad st.

do doNew York.

July 1, 1881July 1, 1884May 1, 1876May 1, 1876April 17, 1875

1880188518951890

1876,'78 &'80Mch. 1, 1902

19101876-1900

1885July 1, 1911April 1, 1911Jan. 1, 1915Oct. 1, 1896

187718851887

Jan. 1, 1916July 10,1876May 15, 18761891 to '92

July 1, 1895

July 1, 18841889 & '90

1881, '82 & '83July, 1881& 94May 15, 1876

18891893

Jan. 1, 1875Oct. 1, 1879April!, 1892July 1, 1896May 15, 1876Jan. 1, 1893Aug. 1, 1885May 15, 1876July 1, 1893Jan. 1, 1896June 11, 1875Dec. 1, 1877

July 1, 1896July 1, 1893Mav 1, 1919Feb., 1902

Jan. 1, 1909Sept. 1, 1908June 1, 1904Oct. 1, 1893July 1. 1878April 1, 1879July 1, 1894July 1, 1889July 1, 1894Jan. 1, 1883Juno 1, 1896May 1, 1895Oct. 2, 1901

Oct., 1909J,TO. 1, 1889

1891Oct. 10, 1876

Jan., 1893Oct., 1879

1807Jan. 1, 1906

Julv 1, 1923April 1, 1914

1901

Bald Eagle Valley.—Leased to Pennsylvania Rail-roari at 40 per cent of gross receipts. "The Pennsyl-vania Railroad holds all the 2d mortgage bonds.

Baltimore <fe Ohio.—The B. & O., in comparisonwith its rival trunk lines, claims a much smallercapital accotint in porpoitiop to the value of its

property, fie erops onrninge of main stem aidbranches, and financial condition of B. & O. Co.for four years were as follows :

Gross Net Stock andEarning^. Earnings. Debt.

1874-5... . . $10,.M4,n8 $4,332,20() $47,17.1,1341873-4. .

.

.. 11,693,955 6,018,060 45,876,937

18S!-a .. . . 12,862,844 4,934.796 28,567,8991871-a.

.

. . 10,654,472 4,532,072 2!M61,399The gross earnings of the main and all leased linesin 1874-75 were $14,426,552, and net earnings,$4,490,093. The company claims a surplus of$34,023,566, in the value of its assets above its

stock and debt, which surplus is representedchiefly by securities of branch lines, receivedfor advances made by the B. & O. In Dec, 1875,the operating contract with Pittsburgh & Connells-ville road was ratified, by which B. & O. guarantees$10,000,000 bonds. See report in Cubonicle.V. 21,

p.487, andV. 22, p. 44«. (V. 21, p. 371, 511, 591;

V. 22, p. 374. 446; V. 28, p. 302.)

Baltimore & Potomac—This is the line of thePennsylvania Railroad from Baltimore to Washing-ton. The bonds are guaranteed by Penn. RR. andNorthern Central. Last annual report V. 22, p. 588.BellevUle & SmithfrnlUinois.—Leased and operated

by St. L. Alt. & T. H. Co. on a percentage of grossearnings. Gross earnings, '75, $279,337. (V.20, p.330.

BeMdere Delaware.—Stock is $995,700. Leased toTJnited 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. Floatingdebt, $1,245,392. (V. 30, p. 488.)

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

Boston & Albany.—"Va^ Boston & Albany is the

main western trunk line of New England. In pastthree years the following has been its exhibit:

Gross Net Total StockEarnings. Earnings. and Debt.

1S745 $7,634,139 $2,262,147 $36,47^2821873-4 .... 8,963,128 2,411,916 25,422,100187*3 .... 9,798,033 2,2.36,873 24.183,100

$5,000,000 new bonds were authorized in Feb., 1876.

(V 20, n. 14, 162, 592; V. 31, p. 4«4.)Boston, Clinton, Fitchburg tfc Neiv Bedford,—

This was a consolidation in May, IB.'O. of in eBoston, Clinton & Fitchburg and the New Bedfor-1Railroads. (V .21, p. S4, 591 ; V. 22, p. 471, 521, 544.)

Boston, Concord <& Montreal.—Gross earnings forthe year ending with Murch, 1876, were $693,35^;net earnings, $182,012. There are also $76,000 oldIjonds 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 interestpayments. $607,97-'. Pools earnings from competingpoints with Ea^ern. (V. 20, p. 14, 614; V. 21, p.533; V. 32, p. 280.)

Boston cfc N. Y. Air iine.—Formerly N. HavenMiddletown & Wil. Road cost about $6,000,000,represented now by $3^000,000 preferred stock and$1,000,000 common. (V. 32, p. 667.)

Boston & Pi ovidence.—The bnnds and also $934,000notes have been issued for purchase of branchroads. Total income, 1974-5, $1,.581,2.58; net, overoperating expenses, $147,236. (V. 21, p. 5t)9.)

Bufffdo, Bradford <Sk Pittsburgh—Vnier perpetuallease to Eiie at $40,600 p;'r year

Buffalo, New York <6 vSW".—Leased to Erie in1863, for 490 years, at7perceut on stock and interestand 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 theconnecting line of the Philadelphia & Erie withBuffalo. In 1874 the net earnings were $186.8)3.Burlington, Cedar Rapids tt Minnesota.—In 1874

default was made in interest. Sale in foreclosurewas made Jnne 22. 1876. (V. 21, p. 85, 377, 591; V.22. p. 350, a74. 49.5, 667; V. 23. p. 15.)

Burllnqton <fi Missouri Bluer.—Kn agreement ofconsolidation 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 ofstock of this C.I. and for convertible bond-'. Annualreport V. 20, pi 33 S. (V. 30. p. 139; V. S3, p. 87.)

Burlington i& Jtlssoiwi in Nebraska —The stock is

$8,.583,750. A reoort of company's operations. &c.,to Jan, 1, 1876, has not been published, but wehave 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 de-ductions 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 fadnreto receive town and county bonds. Road completedFebruary, 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 handsof 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, bnta 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 t'l UnitedConii)anies, at 6 per cent on $382,000 stock.

Canada Southern.—T)ef&\x\teA January, 1874, andcoupons 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, Char-lotte & Rutherfurd. Passed mterest January, 1876.

(V. 20. p. 15.1

Cdywffa.—The Cayuea Lake road was sold undersecond mortgage, and this Co. organized. (V. 19, D.

270.)

Page 13: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

September 30, 1876.] RAILROAD STOCKS AND BONDS. XT

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

DE8CKIFTION.

For explanatiou of coluinu licadliigB, &o., see aote«on first pa^c u( tublox.

Milesof

Koad.

Oatawuisa—Common HtockNew preferred 8tocl£Oid preferred HtocltIst niortKHKe liondit

Cliattel niort sat;o bondsNowmortKago

Oamtffa <£• .Vi/«</i(c/ia«H«—StocliOeaar Fulls if- J/i«ii.—Bonds on Ist div.slnlc. fund..Uonds nil 2d(ilvl.siou, slnkinf; fund

Oetlar Jiitititia dJ JlftK^ouri—Couimou stoclcPreferred stock, 7 per centIst mortgage

dodo

Central R. R. li Bank; aa.—StocMGeneral mortgage Moint) bonds ($5,000,000) coup.Macon & Western nondsBonds for Htejiiiishiprt

Central of loiru—l^t mortgage gold, coupon2d mnrtgiige, gold, $'1,000 per mile

Central of New ,/cr«cy—StockMortgage bondsBonds (eonvertibln Nov., 1875 to 1877)Consolidated mortgage (for $25,000,000)New general mortgage for reliefNewark & New York, 1st mortgageLehigh & 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 stockPrcfeiTcd stock1st mortgage bonds

Central I'acijic—Sto<'k1st mort.. gold, (sinking fund, $50,000 per j-ear).Subordinate lien, C'alifoniia State aid, goldBond.i, (formerlj i^oiivertibU! Into U. B. bonds)1st mortgage on San .ioa(|iiin Valley Branch, goldU. S. Loan, (2d lion on iiilaiii terms)Western Pacifle, 1st mortgage, gold

do Goverinneiit lienCal. & Oregon, ist mortgage, gold (guar by C.P.).C. P.. 1st niort., on C. & O. I5r. ($7,200,000 g.)..

.

8an lYauclsco O. & A., Ist mortgage ($1,.500,000)Land bonds on 1 1,722,100 acres

Charlotte Columbia tf: Auf/nsfa— Ist m. (C, & A.).

.

do consolidated2d Mort gage

Oharticrit— Ist mortgageCherry Vallei/ Shar. it Al.—lat mort., convert...Oheaapeake d- Oil in—stockIst mortgage sinking fund goldIst mort. e.\tcn. (2d on 427 miles) coup, or regdDebentures convertible into 2d mortgageIst mortgage, (Va. Cent. K. It.,) guaranteed by Va.3d mortgage, do. do. couponIncome mortgage. (Virginia Central K. R.,) coup.Funde<I interest, coupon bondsIncome bonds (for funding)

OAwAirc—Stock, prefoiTedBonds, not mortgage

Chester Ynlleif— 1 st mortgageChieaao <& A lion—Common stockX>refcrred st'ck (7 o. c. y'rly not eumulativo) ....General mortgage, sterling, tor $8,000,0001st mortgageIncome boniLs (a 1st lien on income)Joliet it Chicago, 7 per cent, stoclf

do do Ist mortgage, sinking fundSt. Lonls Jack. & Ch., 1st mortgage

do do 1st mort. assum.byO. <fe Ado do 2d mort. assum. by C. & A.do do 2d mortgage

liOuisiaua & Missouri, Ist mortgageChicago & III. Klv., 1st mortgage, guaranteed..

Chicago, Hurlingtnn <t (?iii)ici/ —,Sto(!kIst mortgage, sinking fund, (tnist)Consolidated mortgage coupon, (for $,')0,000,000)Northern Cross K. K. 2d. mortgage, goldTrust mortgage (Burlington to Peoria)Plain lionds (coupon or reiristered)

Dateof

Bonds

100

10005

100

"u«1

27112870."58

148205015

2312312!)1

74

"97

137137137

121374250

138146742lf)8

12315215320

'8.5

195

"23

21427427

64

"2"iia

6496493222202203838

1,503737

1.50101

"8"25

46682510096

1872

18641800

180118631860

18721870

18691871

1869187218741876180718741875

1865-8186418621870

1869

1868187218701870

1869187218711869

186918721872

1874

187318631862

185718641864186818681870

18581873

1872

Size, orpar

Value.

AmountOutstanding

$50'

' "so

1,0001,0001,000100

500 Ac.500 c&e.

100100

500 &c.500 &c.500 &o.

1001,000

,500 Ac.1,000100

1,0001,0001,000

500 '&c,

*2001,0001,000

50.50

1,000100

1,0001,000

i',6'oo

i',6oo

i',6"()o

1,0001,0001,000

1,0001,000

500 &c,

lo'd'&c,

1,0001,000

100500 ic.

"ioo100

1,0001,000

500 &c,100

1,0001,0001,0001,0001,0001,000

"\Wt1,0001,000

1.000

$1,159,15001,000,0002,200,000230,500209,850

1,300,000.589,110198,000

1,331,0006,850,400769,600700,000582,000

2,332,0007,500,0002,287,000

1 50,000300,000

3,700,000925,000

20,600,0005,000,0004,400,000

14,1,50,000(?)

600,0001,860,0009,900,0003,000,0002,437,9.50411,550

2,500,00054,275,.50025,883,0001,500,0001,483,0006,080,000

25,885,0002,735,0001,970,0006,000,0001,291,000500.000

8,890.000193,500

1,806,500500,000500,000300,000

15,898,40115,000,0005,426,000

66,000100,000902,000300,000160,500

1,220,3312,153,300774,600500,000

9,937,8002,425,4003,893,2002,383,0001 ,087,000 I

1,-500,000336,000

2,365,000501,000188,000360,000

2,120,000700,000

27,512,8422,719,0009,916,000941,000678,000

2,155,.500

INTEREST OR DIVIDENDS.Rate per

Cent.

33>«7

14>3771A^777577

7 g.

2>a777

"7'

««72'436-iK-6 g.

?|:%^-

%'6g.

I'-««7777

V-68872

7446g.7713i877777758

V-7

WhenPayable

M. & N.M. & N.F. & A.F. & A.P. & A.J. A J.A. & O.J. & J.Q.-F.F. Il a.F. A A.F. A A.M. A N.J. A D.J. A J.A. A O.

J. 'a J.A. A O.Q.-J.F. A A.M. A N.

J. A J.M. A N.Q.-M.

.1. A J.J. A D.J. A D.M. A S.

A. A O.J. A J.,1. A J.

.1. A J.A. A O..1. A J.

J. A J.

J. "a'j.J. A J..1. A J.

A. A O.J. A J,

J. A J.

a."a 0.J. AD.

m.'a "n.

PbUadelphia.dodo

Philadelphia.do

New York, 44 Sonth st.

N.Y.J. 8. Kennedy A Codo do

Boston, Treasiuxr.do do

N. Y., Nat'l Park Bank,do dodo doSavannah, Ga.

New York A Savannah.Savannah, Oa.

Where payable, and byWhom.

i;oi»(»— Princi-pal, When Due.titncka—\ja»XDividend.

May 16,1876May 16, 1876Fell. 1, 18821888 to '80

Feb. 1, 1900July 1, 1876Aurfl 30, 1884Jan. 2, 1907Aug. 1, 1876Aug. 1, 1876Aug. 1, 1891Aug. 1, 1894Hay, 1016June, 1873

Jan. 1, 180SOct., 1880

New Yerk, Office.do do

Now York, at offloe,

do dodo dodo dodo dodo do

Ix>ndon.(f. Y.,Cent. RR. ofN.J.

do doBait., at B. A O. office.

do doBait., West. Natl. Bank.N. X. A San IVanelsco.N. Y., Flsk A natch.Sacram'o State Treas.N. Y., E. Kelly A Co.N. Y., Fisk A Hatch.

U. S. Treasury.N. Y„ Fisk A Hatch.

U. 8. Treasury.N. Y., Fisk A Hatch.

do dodo dodo do

N. Y., Nat. City Bank,N.Y.,M.K.Je8up,P.A Co,

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

N. Y., Fisk A Hatch,do dodo do

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

J. A J.

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

M. A S.

J. A J.

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

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

m.'a"s.J. A J.J. A J.J. A J.A. A O.J. A J.

Boston.do

Philadelphia.N.Y.,M.K.Jesup,P.A Co.

do doLond'n ,J.S.MorganACo.N.Y.,M.K.Je8up,P.A Co.

do doN. Y. U. S. Trust Co.

N.Y.,M.K.JC8up,P.A Co.do dodo dodo dodo dodo do

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

1890Nov., 1902

July 1. 1899

1887Feb. 1, 1899June 1, 1900

June 30, 1876Jime 30, 1876

Sept., 1800Oct. 1.18751895 to '98

July 1, 1884Jan. 1, 1883Oct. 1, 19001805 to '99

July 1. 18991899

Jan. 1, 1888Jan. 1, 1892July 1, 1890Oct. 1, 1890

18901895

Oct. 1, 1901Dec. 15, 1899

Nov.. 1899July 1, 1902Julyl.'77to'92

18801804187618771893

July 15, 18751877-'80 A '96

May, 1872Sept. 12, 1876Sept. 12, 1876Oct. 1, 1903

Jpji., 1893Jan., 1883July, 1876July. 1882April, 1894

April 1,1894July, 1898July. 1898Aug., 1900

N. Y., Bk. of Commerce.do doBoston office.

Frankfort.N.Y., N. Bk. of Com'rcc.Boston, Co.'s office.

Sept. 15, 1876Jan. 1, 1883Jnly 1, 1903July 1, 1890Oct; 1, 1890Jan. 1. 1896

Ojiotttoa.—Leased to Pbila. & Head., Oct., 1872,New preferred stock dividend to bo 7 per centin ISrS-* and afterward. (V. 20, p. 381.)

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

Cedar Falls <t Annnesota.—he&aud to Dubuque &Slonx City, and sublet to Illinuia Central at *1,500per 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 f700 of first $1.S(») gross earningsper mile: one-third of the next }i.S,000 per mile, andono-flfth of all aborc that. (V. 2 , p. 162.)

Central Railroad <t Bank, Co.—Leases severalroads, and guarantees $1.4'.)2,50,) of bonds. InApril, 187.5, purchased one-half interest in WesternRailroad of Alabama at foreclosure sale. Grossearnings 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,

417; V.2J, p. 301.)

Centrai of 7»m>(J.—Decree of sale in foreclosuremade Oclober, 1875. (V. 20. p. 15,85, 235, 5M: V.»1, p. 83, 393, 417, 4t», 511; V. 23, p. 110, 495; V. 23,

p. 1S9.)

Central of New 7«r«#y.—The annual report for1875 was given in Vol. 22, p. :s26, showin*:gross earnings of $7,111,616; net, }13.282,90(). Divi-dends in 1875-6 partly paid from previous reserve.On large decline of stork in .Tune, 1876, the presi-dent issued a circular, slating that the company wasearning well, Ac., but giving no figures. In Sept.another statement was issued (see V. 23, p. 278)riving general financial condition. Ac , in referenceto new "blanket" mortgage. This Company alsoassumes $2,3IO,iOO of Lehigh Coal & NavigationCompany's debt and $A5,7i)3 of the Kailroad CarTmst Company. The following table shows thereceipts, expenses and net earnings, from the begin-

Receipts. Expenses.ISW . . $5,036,390 $1,748.4^41866... . .,,. a-SfLs+i 1,963,9701867 .... 3,3'0,398 1.878,0 !2

l-'ft? ... 3 729.413 2,379, l9J

1889, . ... 4.010,121 2.M2.1631870 ... .... 4,33.3,.'il4 2,512 2171S71...

, .... «,y4 1,379 3,706,141182 .... 7.120,718 4,23li,K0H

1873 .... H.881.36S 4,215.Wt1874 . ., . . . . 8.5'^9,631 4.140,601li-TS .... 7,411,637 4,128,7.7

ningof 18<i6 to the present time; including, since1870, those of tlie Lehigh & Susquehanna Division:"

*let carn'gs.$l,a8:.8-i6

1.617,2881,472,3761,3"0,2201,3B7,9,'J8

1,681,297.3,135 2352,8,'!3,912

4,lif.5,78-2

4,449,0'0

3,S8i,910(V. 22, p. 613; V. 23, p. 6J.)

Cfntral O/iio.—Leased to Bait. & Ohio RR. in 1866for 2 1 years, rent 35 per cent of gross receipts for 5years, 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. Landgrant statement, V. il, p. 136. An abstract of theannual report for 1874 is uiven in the CnnoNicLE.V. 21, p. 25 I . Gross caminiis, '75. |;17,021,015; ex-penses, $7,417!M4; net earniniis, S9,t03,071 A set-

tlement with bondholders of ( 'alifornia Pacific hasbeen proposed, with a guarantee of certain newbonds. Trustees of land uiorrgage offered to pur-chase $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,-000. Net earnings in the year ending September 30,187.5, $2.50,'i,'!4, against % 25,73il the previoHs year.Floating debt retired May, 1876. (V. 21, p. 59U; V.22, p. 134, 471.)

CAirfJ^m.—Leased to Pitts. Oln, & St. Lonis. andoperated by Penn. Co. Net earnings go to lessor

in 1875, $;4,727. (V. 22, p. 619.)

Cherry V-llev, Shar. dk Ai.—Transferred to Dela-ware & Hudson Canal Co., Apiil, 1875. Interestunpaid in December, 1875. (V. 80, p. 4U4.)

Chesapeake eft OAio.—After the panic, defanltwas made on interest. Net earnings in 1874 7S,8346,808. Receiver appointed October, 1875, andforeclosure proceedings will be had for thepurpose of re-organization. A verv' completestatement of outstanding liabilities and the plan ofre-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.)

CAwAir«.-Nct income. 1874-:5, »76,<«7. Divi-dends, 4 per year. (V. 18, p. 295; V. 21, p. 59 u.)

Chaster Valley.— Tn hands of trustees and leasedto Philadelphia A Reading. Coupons due 1860, paidMay, ls76.

Chicago <t /Iff?n.—The report for 1875 Is given atlength 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,f76 in 1874. Jol ietA Chicago RR. is leased forinterest on stock and bonds. St. L., Jack. & Chic.Railroad leased at $24ii,000 per year. Louisiana is

Mo. RR. built and operated under contract. (SeeV.19. p, 4';9; V. 20, p. 429.) The Chicago A Illinobi

River bonds had not been sold to January, 1876,

and there was some litieation. (V, IS. n. 860; V. 19,

p. 16, 479: V. 20. p. 176; 265, 28.9, 500; V. 81, p. 186,

612; V. 22, p. 255.)

Chicago, Brirlliglon <t ^uincw.—Stock was issnedin exchange for that of the Burl. Mo. River in Sept.,

187.5. Gross earnings for 1875 were $11,791,361; ex-penses, 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. Enoughof the consolidated moitgage is reserved to take upprior debts. In August, 1875, stock of tlus

Company was issued in exchange for Burlington AMissouri River Railroad stock, and the same is al»»

fiven for the convertible bonds of Burlington A[issonri River Railroad. fV. 20, p 1.5 3~, 80, 184.

335,499: V^82, p. 231;.V. 23, p.63, 255.)

Page 14: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XVI EAILEOAD STOCKS AND BONDS. [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, &o., see notesou lli-8t page of tables.

Coupon,but may beregistered.

as

Oh

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..Peoria & Ilimuibal, let niortOttawa, Oswego & Fo.\ Rlv., Ist mIllinois Grand Trunk, Ist mortQuinoy & 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., goldChicago, Cincinnati dj iMuiitville—1st moitChic, Clin, rf Dab.—Ist mort., coup,, rogis'bleChic, Danv. <t Fih.— 1st mort., gold, sint'g f'dIndiana cxten., 1st mort., gold <2dmort on 114m)

Chicago, Dulmqne d: Minnesota—1st moii;Chicago (& Iowa— Ist mort., coup., may be regChicago, Iowa <t JVciirosfco—Stock2d mortgage (now Ist)3d do (now2d)

Chic. tS Mich. L. Shore—let mort ) Coupon,Ist mortgage 1 butIst mortgage [ may be1st mortgage, on brancb J registered.

Chicago, Milwaukee <« SI. Paul—Com. stockPreten-ed st'olc (7 p.c, y'rly, not cumulative)Consolidated mortgage (for $35,000,000)1st mortgage " '

2d mortgage1st mortgage (Iowa & Minnesota)Ist mortgage (Mimiesota Central)1st mortgage (Iowa &, Dakota)1st mortgage (Prairie du Chien)2d mortgage ( Prairie du Cliien)Milwaukee & WesternSt. Paul & Cliic. 1st mort., .? & £ (conv.)1st mortgage, Hastings & Dakota1st mortgage, Cliieago <fe Mil. lineEquip. & bridge bonds (may be paid in 1878)Western Union, Ist mortgage ,

Ohicano <t Norlhice^tern—VAimmon stockPi'eieiTcd st'ck (7 p. c. y'rly, not cumulative)Bonds, pref. (sink'g fund), Ist mort.. Chic, to Osh.Interest bonds, funded coup., 2d m., Cbic, to Osli.let mort., general, 3d mort., Cbie. to OshkosbAppleton e.Mten., 1st mort. on 23 miles and land..Green Bay exten., Ist mort. on 26 miles and landIst mort., Galena A Cliieago Un. ER. extendedMisaie-sippi Kiver Bridge b'ds, lien on net cai'niugsElgin & St.-.to Line Railroad bonds1st mort. (Peninsular RR.) on roa<ls and lands...Ist mortgage (Keloit & Madison Railroad)Consol. snik'g f'd M., (all above convert, into this)Miullson extension, Ist mort., sinking fund, gold.Chicago & Milwaukee, 1st mortgage, 2d lieuMenominee extension, Ist mortgage, goldGen, cons, mort., gold, coup, or reg. ($48,000,000)Winona & St. Peter, 1st mort., guar by CUlc.&MW.

do 2d mort., do dodo Ist M. exten, gld, land gv., ». t

La Crosse, Trerap. & P. 1st mort,, guar. C. & N.W.Iowa Midland, 1st mort., guar, by Chic. & N. W.Northwestern Union, 1st mortgage, gold

Chicago it Fadncali—lat mortgageChicago, Fekin (£ Southwestern—Ist mortgage2d mortgage

Chicago, Roeic Island <t Paciflc—StockIst mortgage, sinking fundBranch bonds (sinking fund .$^10,000 from 1877)Chic. & S'wesleni , 1 8t mort. , gold (guar in cur) . .

.

Chic. & S'wcstcrn, Ist mort., gold, not guarOintinnati, Hamilton & Dayton—StockIst mortgage of 18532d do 18653d do 1867Consol. 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. .

.

Consolidated mortgage

Milesof

Koad,

3240513170444043

7360

11421

13180828282

19519519552

1,3991,399

37037022049

235235

iso7585

1971,4591,4591931931932326

248

7446

77912685

1201,0581371371752875621567064

674359

2505060606060

. 60987575

Dateof

Bonds

18751869186918681868187018701870186918751872186718711869187218711871

186018631869187018711872

18751863186418671864186918681S68186118721872187318731806

185918621859

18621853

1863186318651871

187118721870-11871-11871187018701872187318711871

1866187518091871

is.Vs186518671875187318711874

S'^«-<»- AmountValue. Outstanding

$1,000500 &c.500 Ac.1,0001,0001,000

500 Ac.1,000

500 &c.1,0001,000

500 Ac.1,0001,0001,0001,0001,000100

100 Ac.500 Ac.1,0001,0001,0001,000100100

1,0001,0001,0001,0001,0001,0001,0001,0001,000

]',(K>0

1,0001,0001,000100100

100 Ac.100 Ao.100 Ac.500 Ac.500 Ac.1,0001,000

500 Ac.1,0001,(K)01,000

50O Ac.1,000

500 Ac.500 Ac.1,0001,000

ICX) Ac.1,0001,000

500 Ac.1,0001.0001,000100

1,0001,000100 Ac.1,000100

1,0001,0001,0001,0001,0001,0001,000

Rate peri WhenCent. Payable

$455,000207,000597,(K)0435,000322,000

1,081,000900,500726,000318,.")00

462,0002,500,0001,000,0001,500,0002,500,0001,500,0004„42.50001,750,0003,838,200568,200211, .500477,000

3,523,0001,3.50,0001,280,000

15,399,26112,274,4834.872,4275,909,0001,091,0003,810,000190,000837,000

3,674,0001,315,000234,000

4,000,000467,000

2,500,000245,000

3,500,00015,011,18021,.502.2331,237,600737,400

3,568,500140,000204,000

1,092,000182,000120,500294,000271,000

4,390,0003,150,0001,700,0002,700,000

10,583,0002,750,0001,050,0004,375,0001,000,0001,3.50,0003,500,0002,808,000700,000300,000

24,999,7009,000,0001,000,0005,000,0001,000,0003,500,0001,250,000500,000500,000

1,000,0001,846,0001,120,000471,000

INTEREST OR DIVIDENDS.

58888888887g.787g.

I'-857788887 s.3I3

77777787-37?«•

71073I33I2

77777776777?^-

^'-

77 g.108

V-884767 g.

7 g.4 .

Where Payable, and byWhom.

8777g.7 g.

J. & D.M. A N.J. & J.J. & J.

J. & J.

J. & J.A. A O.J. A .1.

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

J. A J..1. & J.F. A A.M. A 8.

J. & J.M. AN.M. A S.

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

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

J. A J.J. A JJ. A JJ. A D.F. A A.J. A D,J. & D.F. A A.M. A N.P. A AF. & A.F. A AF. A AJ. A JJ. A J.M. A 8.

J. A J,

Q.-F.A. A O,J. A J.

J. A D..T. A DJ. A J.M. A N.J. A D.A. A OA. & O.M. A S.

J. A .1

F. A A.A. A O,A. A O.J. A J.F. A A.M. A N..1. A D.A. A O.M. A N.J. A J.J. A D.A. A O.J. A J.M. A 8.

J. A J.

Boston. Co.'s Office.N.Y.,N. Bk. of Com'rce.

do dodo do

N.Y.,N.B'k of Comm'rcoNew York and Boston.

Boston.New York and Boston.

Boston.

N. Y., Union Trnst Co.N. Y., Farm. L. A T. Co.Best., C, B. A Q. Office.New York, Co.'s Office,

do doBo.st., C, B. A Q. Office.

New York and Boston.Boston, by Treasurer.Boston, Merchants' B.k.New York, Park Bank.Bost., Treasurer's office,

do dodo dodo do

New York, Office.

i(onrt»—Princi-pal, when Due.Stocks—IjaatDividend.

dododododododododo

dododododododododo

New York, Office.London and New York.New York, Office,

do doNew York, Office.

N. Y., Mil. St. P.aul RR.New York, Co.'s Office.

dodododododododododododododododododododododo

dodododododododododododododododododododododo

June 1,May,July,July,July,July,Oct.,July,April,

189518791889187818781900189018901879

N. Y., Farm. L. A T. Co.

New York, Co.'s Office.

do dodo dodo do

N. Y., Winslow, L. A Co.do dodo dodo dodo dodo do

N.Y., J.S.Kennedy A CoI do do

April 1, 1962Jan., 1887

June 1, 1896April, 1909April, 1912

June 1, 1890July 1, 1901July 1, 1876July 1, 1888Aug. 15, 1892Sept. 1889July, 1890Nov., 1891

Sept. 1, 1892Jan., 1871

Oct. 5, 1876July 1, 1905

18931884189718941899189818981891

Jan., 190219021903

June 1, 1888Feb. 1896

Deo. 28, 1872July 15, 1873Aug. 1, 1885May, 1883

Aug. 1, 1885Aug. 1, 1885Aug. 1, 1885

1882Jan. 1, 1884July 1, 1878Sept. 1, 1898Jan., 1888

Feb. 1, 1915April, 1911

July 1, 1898June 1, 1911Dec. 1, 1902Jan. 1, 1887Nov. 1, 1907Dec. 1, 1916April 1, 1878

Oct.. 1900June 1, 1915July 1, 1903Aug. 1, 1901

1891Oct. 27, 1876

1896Aug. 1, 1896Nov.. 1890

ApriT,'i873May 1, 1880July 20, 1885June, 1877Oct., 1905Jan.. 1903Mch. 1901

Nov. 1, 1914

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

Chicago, Cincinnati db LouifciUe.—'!!!o irforma-tion furnished.

Chicago, Clinton <k Dulmgue.—Thw road defaultedin 187:1. It was bnilt by congtrnction companies inwhich certain directors of C. B. & Q. were stock-holders. (V. 20, p. 85, 1:4; V. 21, p. 14, 618; V. 23,

p. 232.)

Chicago, SanvBU <6 Vineennes.—There is also a2d mortsnge for Jil,000,tW and a chattel mortgageof $;l,0Oii,(X)0, most of which are pledged. Defaultwas made in 18^3, and coupons partly funded, sub-sequently receiver appointed, and decree of fore-closure made .July. 18M. (V. 21, 11. l.')7, 185, 347; V.S2, p. 87, 304, M4 ; V. 23. p. HI, U9, 253.)

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

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

Chicago, I wa <6 A''.;*)'a«io.—Leased in perpetuity

to Chicago & Northwestern, at 37^ per cent of

gross receipts.

Chicago * Michiqan Lake Shore.—T\ie first mort-gages, main line, have traftic agreement from Michi-

gan 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. Milwaukee <t St. Paul.—The earningswere reduced in 1R74 and 1875 by the lower freight

rates imposed by the Wisconsin railroad law. Inrates the law was nioditied, and with April, 187*',

higher rates again took effect, having a good influ-

ence on eam'^nge. The following is a comparison forthree years of operations, and financial conditionftt the close of year: •

una. 1874. 1873.

Miles 1,899 1,399 1,399Stock . $57,67.3,744 $27,R~1,744 $27,67.3.744

Debt 27,1S9,C0) 27,119,610 26,287,610Karnings ... 8,2.5.5,743 8,95.3.017 9,016,123

Op. expenses. 6,170,354 6,871,116 6,:.94,6(j0

Net earnimrs. 8,08.5,389 3,081,(100 2 4.51,«G3

The issue of consol. bonds of 1875 was made to fub-stitnte for that of 1874 ; of these bonds $i7.339,n00 arereserved to take up old debt. The dividend on pre-

ferred stock March, 1874, was paid in consol. bondsand the came Auril, 18?'B. and about $1.0O',O wereissued .June, 18'6, for steel rails. La CroFse Bridge',

and Milwaukee Elevator. Sue statements V, 22, r.

280, and V. -M, p. 111. The fterling bonds of 18T2

are conveitible into dollar bonds. Dividends havebeen paid since lf69—on pref. stock—in l»'6 14 percent, in bonds, and 314 per cent in cash; '" 1874 7

in bonds, 1873 7 cash, li72 7, 1571 7, ls7n 7 and 3scrip; on common stock in 1871 7 scrip, 1870 3 cashand7 scrip. (V. 21, p. 38, 186, 253, 612; V. 22, p. 28.1,

42l,.5(;7; V. 2i,p 111.)

Chicago & Norihwest.—T\\a fiscal year ends withMay. The last lumiial report will be found in theChronicle. V 21. p. 158 and 181. The net sur-

plus of the year on tlio Chic. A Northwest, lines

proper, after paying intere:*!, was $1,797,.550, and onthe 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,t;99-?,t2i Lands of the company are 2,155..560 acresunsold. In 187ij-6, 10,456 acres were sold at anaverage price of $2 96 per acre. . The nominal sur-

plus 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:

Grossearninirs.

1875-76 $12.77.3,7:1

1874-75 .... 12,707,121)

1873-74 14,410,1241872-78 12,73>i,607

1871-72 11,402,161

1670-71 11,694,914

Expensesand taices.

$7,408 «577.984,694

9,a34,4,50

8,178,2:17

6,810,026

6,3 1,506

Netearnings.$•.,864.8 34,728,' 31

6,07.5.673

4,.56«,3;0

4,692,135

6,383,408

The trust deed of the gold loan provides contin-gently for a possible issue of $41,000,000. by nlti-

niately absorbing all the other bonds and also all

subsequent issues, including all the bonds of theproprietary roads of the company, together aggre-gating $35,349,000. wliich amount is reserved fromthe $48,000,000. The residue of the gold loan, viz.,

$12,ii51,000, represents all the additional indebtad-ness resnlting from the mortgage. Dividendshave been paid—July, 18J3, 3>i on preferred;

December. 1872, Z% on both; June, 1872, 3>^ onpreferred: December, 1871, VA on preferred; Jnne,1871, 5 on both; December, 1870, 6 on both;June, 1870, 2 on preferred; December, 1869, 5 onpreferred, 4 on common; June, 1869, 5on both; De-rcmber, 18^8. 5 on both. (V. 19, p. 295, 375 528;V. 20. p. i:i6. 186, 593; V. 21, p. 109; V. 22, p.641; V. 23, p. 111.)

Chicago <t Padf/ciA.—Completed in July, 1874.

(V. 1!), p. 16; V. 20, p. 357; V. 21, p. 83.)

Chicago, Pekin, ct-S(ndhivestem.~-Ope^ed in 1873

Gross earnings first half of 1674, $66,316; net,

$3:3,720.

Cliieago, Itock Island dk Pac'jfc—Net receipts Inyear ending April 1, 1876, $3,687,028, against

$3,543,983 in 1874-73. The income account for yearwas as fii'ows: Gross receipts, $7,342,1S9; netreceipts, $;j.687.0.'8; dividend payments. $1,678,384;

interest, Ac, $185,000; nominal surplus fur the year,

$l,214,0jl. Chicago A Southwest, road is leased andinterest guaranteed on $5,000,000 of its bonds

;

the others are in default. (V. 20, p. 614; V. 21,

p. 38, 186, 253; V. 23, p. 13, JJ6, 3.3.)

Cincinnati, IlamVton & Dayton.—See report inV.23, p. 39, showing net income of $1:37,54.5 in 1875-6.

Investigating Committee's report, V. 20, p. 367.

(V. 19, p. 183; V. 21, p. 62; V. 22, p. 280; V.23, p.39.)

Cincinnati, Lafayette & Caicoyo.—Lafayette. Ind.,

to Kankakee, 111. Gross earnings in 1876, $400,061,

net, $178,903. (V. 20, p. S68.)

Page 15: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

September 30, 1876.) SAILEOAD STOCKS AND BONDS. Zf8

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

DESCRIPTION.

VoT explanation of column liea<linKH, &o,, aoo uotcBon tlrnt poj^o of tables.

Oln. d ltartiii«eillf—1 st mort.,)?ii'H' '>y lesseeoOincintutil 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—StockProferrod stock.Mortgage bonds, Sundusky, Daytou <& Cincinnati

do Sandusky city & luddo Cincinnati, Sandusky & Clcvo. .

.

Olneinruili <« Sprim/JieUl—1st mortKaKC, giiai-

2d moitKagoGin., Wah. <* Mteh— Ist mortgaxoOleceUmd, 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 fundConsolidated mortgage (for $7,.'J0(),OOO)

Olevetaiul (f Mahonitty VW/ci^—Stock1st mortgugi!, cxteuiledSinking fund, .'id tnortgagc (now 2d)Nlles <fe New Lisbon, 1 st mortgage

Oteoeland, Ml. Vermm <6 />c;.— 1 st mortgage, gold. . .

.

Ist mortgage, Columbus ExtensionIncome mortgago for funding

Okvetand it i'itoi/Hij/A—Guaranteed stock4th mortgagt! (now 1 st)

Consolidated sinking fund mort. for $.'>,(X)0,000.

.

C^mstruction and e(iuij»ment bondsCteoeUiiid, Tustxirawutf \uliey tC Wheeling—Istm...Ootebroolidule—lHt mortgageColorado Vi'utral— 1st mortgage, convertibleOotumbui it llockinfi Valteif—Stoc^Ist mortgage, sinking fund bondslet mortgage, Logan & StraltsvlUo Brancb2d mortgage bonds

Cohimbus, Chiawo it Iiuliana CenlnU—StouViIst mortgago Columbus, Cliio. & Ind. Centi'al. .

.

do (Chicago & (Jreat Eastern)do (Columbus tt; Indianapolis Ccntrsil)do (Union & IjOgansport)do (Toledo, I,,oganH])ort & Burlington)do (Columbus it Ind. 1st and 2d prof.)do (Cincinnati & Cliicago Air Line)...

2d mortgage (Columbus & Indianapolis (Neutral)do (Indiana Central)do (Chicago & Great Eastern construe.)do (0)lumbus, Chicago & Ind. Central)

Income convertible do doIncome (Tolo<lo, Ijogansport <fc Burlington)

Oolumbus, UpringJleUl it Oineinnati—lni mortOolumbiifi it Xcniii—Stock1st mortgage

Okmcorrf—StockOi>neor<l it VortsmouUi—StockOonneciiCttl £ PitssHmpsic—StockNew mortgage (for $l,.'jOO,(X)0)

Ist mortgage, sinking fmidNot«8, couponMassawippi st'k, guar, same div. as Conn. & Pass.

do bonds, ginir. by Conn. & PassOonnecticiit CenlnU— 1st mortgage for $-100,000. .

.

Connecticut Rii'C}—Stock1st mortgage (sinking fimd now $148,931)

Connecticut I alley— \s,t mortgageConnecticut llVster/i—1st mortgagoConnecting (ritila.)—1st mortgagoOumbevktnd <e I'enn.tylvania— 11*1 mortgage2d mortgage, sinking fund, (guaranteed) , . .

.

Cumberland Valley—Stocii (!i>l«l,000 prcfen'ed)1st mortgage2d mortgageCommon bonds

Vanbvn/ it S'orwalk—Stock1st, 2d and ;td mortg,igPS

Sancillc, llazlcton it WilkcDbarre—l st mortDaneille, Urbitnit, Bl'ton it I'ekin— lat M., goldDavenport it St. Paul—Int mortgage, gold

Milesof

Koad.

381483030!)0

171171

804881

471138202300300

" «76735145

199199199

188089701389

587

Datoof

Bonds

4570553541

lit110110

3838

"5(i5644087

3838825252

"33

3351

117170

18651870I86018091871

186618521807187118721871

1800186418091874

187318.57187018701871

180218071873

1870

180718701872

Size orpar

Value.

$1,0001 ,0001 ,00O1 ,0001,0(X)

5050

1,(K)01,(K)01,000100500

1,0001,(K>01,000

50500 Ac50O Ac500 &c1,0001,000

501,0001,0001,0001,000

100 &c1,000

50500 &c1,0001,000

AmountOutstanding

1868lOO

1,000

1865

1871 I'ob'o50

1,00050

100100

1873 100 etc.

1850 100 Ac.00-'71 100 &e.

1001869 1,0001875

10018.58 500 &c.1871 1.0001870 500 &c.

18(V6 I'oiiio

1868 1,00050

500 &e.5oO Ac.100 &c.

5060-'72 100 &c.1868 200 &c.1869 1,0001871 1,000

.$ 100,0001 ,500,0005liO,(KK)

65,0001,800,0004,005,750429,037778,000350,000

1 ,072,3002,0O0,(K)O651,000

1,200,00014,il01,092

201,000436,000

3,000,0002,500,0002,759,200630,000487,900500,000

1,350,000950,000990,994

11,243,4791,104,8442,701.0001,342,0002,000,000584,000

1,272,0001,920,9501,500,000.3(K),000

689,00013,938,97210,428.000

451,0002,632,000775,000531,,500313,000217,7,50821.0006(;(i,500

341,4003,002,0003,847,000

74,0241,000,0001,786,200302,000

1,500,000330,000

2,175,.5O08 11,.500270,500607,500400,000400,000216,000

2,100,000250,000

1,000,0003,000,0009!)6,000803,500504,000

1,777,850161,0001(>0,.50081,800

000,000500,000

1,400,0002,(MX>,000

iO.OOO p. m.

INTEREST OR DIVIDENDS.Rate per

Cent.

777

I'-3

7777

I'-777

7 or 6 g.3ifl

?«77k.7g-

1%

7776!«•

777

-77777777710777727531a37673«^-

4677

65886lb77

7 g.

WhenPay'bIc

& A.& J.&. J.&. J.& D.

& N.& A.<b 8.& D.& O.& J.& J.& A.&. D.& J.& N.& D.&. N.& A.& 8.

& J.& J.

Q.-M.J. & J.M. & N.J. & J.

J. &"d.J. & D.

& A.<fe O.& J.

J. & J.

Wbtre Payable and byWhom.

New York, Co.'s OfllceNew York, Moran Bros,N. Y., Wluslow, L. & Co,

do doN. Y., Wlnslow, U & Co,

Boston, OtacAi.do dodo dodo do

N. Y., Union Trust Co,N. Y., U. S. Trust Co.

do doWabasb, Indhuia.

N. Y., U. 8. Trust Co.do dodo dodo do

Now York or liondon.CHeveland Ofllce.

N. Y.,Ward,C. ACo.Cleveland, at Ollloc.N. Y., Union Trust Co.N. Y., Wluslow, L. & Co,

do do

JJomfj-PllB*'pal, Wlien Dam.

Dividend.

N. Y., Farm. L. & T. <3odo dedo dodo do

Cleveland, Ohio.Plilla., Co.'s Offlcc.

Boston, Trcas.'H OQicc.

N. Y.,St. NIob.Nat. BT(do dodo do

A. & O.VariousJ. & JA. & O.P. <fe A..1. & J.VariousM. & N.J. & JJ. & J.V. & AF. & AF. cfe A.M. & S.Q.-M.M.& S.JI. &. N.J. A J.F. & A.A. & O,J. & D.VariousF. & AJ. & J.

& O& J

M. & S.J. & J.

& .1.

& S.M. A S.M. A N.A. A O.A. A O.A. A O.A. A O.Q.-M.J. A J.A. A O.A. A O.A. A O.

N.Y., St Nich. Nat. B'k,dodododododododododododo

dodododododododododododo

N. Y., Union Trust Co.Columbus Ticasury.

N. Y., Am. Exch. N. B'kBoston, Tower, O. A Co

Boston.Boston Odico.

dododododo

Boston, Bost.A Alb.RR,Boston, Globe Nat. B'k.N. Y., Am, Exeli. N. Bk.Now York and Boston

Philadelphia.New York, Co.'s Office.

do doPhila. and Carlisle, Pa.Phila., T. A. Biddlo A Co

do dodo do

New York and DanburyNew York, 81 Browlw'yPhila. Penn. RR. Co.

N. Y., Farm. L. A T. Co.N. Y., Loud. A FrauWt.

JiUy, 1905Jan., 1901July, 1895

Jan. 1, 1880-June, 1021

May 'l,"l87«Aug. 1, 190OSejit. 1, 1877I)<%. 1, ISOOApril 1, 1901

1002July 1, 189JFeb. I, 1876June, '75 to *84*

Until 1890May, 1899

June 1.1914May, 1876

Aug. 1, 1898Sept. 15, 187e

Jan., 1890Jan. 1, lOOOJan. 1, 1901

Sent 1, 1876Jan., 1892

Nov. 1, 1900Jan. 1, 191S

Juno 1, 1898June 1, 1890Aug. 16, 1876Oct. 1, 1897July 1, 1880Jan. 1, 1392

April, 19081893 to '95Nov., 1904Dec., 1905Feb., 1884Dec, 18831880 to '90Nov., 190*Jan., 1882^

Feb., 1890

Sept 1, 1901Si'pt. 10, 1876Sept 1, 1890May 1, 1876 ,

July 1, 1876Feb. 1, 1875April 1, 189aDec. 1, 18781870 to '81

Feb. 1, 1875July 1, 1889Oct, 1895

July 1, 1876Sept. 1, 1878Jan. 1, 1901July 1. 19001000-'l-'2-'3-'4March 1, 1891May 1, 1888April 1, 1876April 1, 1904April 1. 1908Jan. 1, 188.4June. 1.S76

1880, '90, "92Oct. 1, 1888April, 1909July. 1911

dndnnatl * jl/arHn^cMfe.—Receiver appointed'Feb.. 1871!. Sold in foreclosure, -lune, 1870. (V.ao, p. 289; V. 21, p aiS, BH; V. 2.1, p 8.).)

CbidnnaU & Muskingum Valley. Is leased for 99years from 1873 to Pittsb , Cin. & St. Louis for netearnings, but bonded interest is guaranteed. Netearuinss, 187.% *:«.744. (V. 82, p. .-, 1 9, (114.)

Cincinnati, Richmond it Chicago.- -lAitLscd to Cin.,Ham. & Dayton, which owns most of the stock. NetIncome above interest, 1875-6. $8,2S9. (V. 21, p. 62.)

Ctnelnntti, RicJimond A, Foil l^'iyiw.—Leased toGrand Rapids for 99 years. Interest on l)onds is

gnarante d by Orand wnds, Cincinnati Hamilton4 Dayton, and by Pennsylvania Co. (V.i2, p. 532.)

Cincinnati, Sandusky cfc C'ettland.—ln the yearending June :W, K5, gross earnings were $857,695;expenses. t;561,T75; net earnings, t29,j,91!l. being>i8,74S better than In 1S78-T4. (V. 21. p. 59 I .)

Cin'-inmUi tfi SpHnrj/itld.—Leased in perpetuityto dev. Ool. C & I., with guarantee of interest

;

on first mortgage half of Interest is also guaranteedbylJikeSh. &.M.S. (V. 2i, p. 232 )

Girtcinnati. \V bash & Michigan.—Vaiil interestJanuary. 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 in-dorsement by that comi)any. (V. 22, p. l.'>8.)

Cievtland, (Mumtms, Cirieinnall A Iiulianap.—Hythe annual report surplus over interest in 187.'i

was$ino.261. Net caHiinga inl8'5,*S84.02-». Laterreport 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 At-

lantic & Greiit Western, and interest on bonds is

paid. (V. 20, p. K>. 1.3(1; V. 2-3, p. .,32.)

Clewlan^i, Moutd Vernon & /)c^aii)flre.—DefaultedJuly, 1874. and made compromise by which all theconpons due .July. Is74, and ono-half «f couponsfrom January 1. 187.5, to and inolnding .Inly 1, 1877,are to be postponed to .Ian. 1, 1885. and the remain-ing half to he p«id as they mature. Gross earnings1875, t4aH,Oi7; expcusas, g.')2'j,3«0; net, «9B,b67.(See report, V. 20, p. 38 0; V. J2, p. 350.)

CUvfland it Pi««J«rgrA.- -Leased to PennsylvaniaRailroad at 7 per cent on stock, besides expensesand mterrst, and transferred to Pennsylvania Co.Report for 187.5, V. S2, p. 206, shows surplus of$173,385 over all exiienses, interest, Ac.

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

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

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,\9r,i, f 877.59^1; net, *:)-i8,376, a!;a:nst$.'i5-,0771n 1674.Sec annual report V. 20, p. 476; V. 22, p. 350.)

Co'un^us, Chlcarfo it I' dlana Central—On Jau'52, 1869, it was leased by the Pittsburgh Cin. & St-I^uis, guaranteed by Pennsylvania Railroad. Anamended lease wa-* made Feb.. 1, 1870. also guar-anteed by Penn. RR. The amended lease gnaran-teed 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 guaranteeof interc-t was absolntc. bnt the Pennsylvania Rail-road claims that the 0. C. .t I. ('. Co. did not fidniall its part. Bondholders claim thnt no such failureafter bonds had been sold with the guaranty couldprejudice their rights. Suit is pending agamstPennsylvania Itailroad. Interest on most of tiio oldprior bonds has been taken up. Net earnings, 1875,$8(10,44!. (V. 20, p. 29. 61. 140, 162, 2t 1, 825. 355. 382.426. .593; V. 21, p. 1.3, 317, fill. Wl; V. C2, p. 352,49.-.. 619. 590; V. in, p. 40, 254.)

Columbus it A'iBta.—This road k leased to the Lit-tl Miami Co., and both roads for 99 years to Pitts-burg Cinn. A St. I^onls Co.; the lejise is guaranteedby Pennsylvania Railroad, and the terms ar» 8 poFcent on stock and interest on bonds.

Concord.—Pays 10 per cent a year; net receipts In1875-a, $!«0,29«. (V. 22, p. 665.)

Concord cfc PorUtmouth.-ljbaiti to Concord RH.at $25,000 per year.

Connecticut it Pjssumpsic.—AunxxAl report teJune, 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»Vley at a rental ojvcring Interest. (V. 22, p. 209.)

Cnnecticut R rer.—NH earnings 1873-4. $295,067-Snrplos account Oct 1, 1874, f51S,ft39. (V 20, p. 61.>

Cnnecticut Valley. In default and surrenderedto second morttago bondholders. (V. 23. p. 40.)

Con'iectieut Western—liet eamlnirs 1874-5. $184.-2:15; Interest, Ac $221 ?16. Conpons passed July,187o. (V.21. p. 611.)

Connecting.— U-ased to Philadelphia A Trenton,and operated b) I*ennsyl\-anla; terms, 6 per cent on$1.2i8,.30O BtocE, and Interest on the bonds.CumbtUand t Pennsylvania.—OwncA and opcr

ated by Couso'jidation Coal Co., which guarantees'id mortgage. Stock $1,500,000. (V. 22. p. 415.)

Cv7nbcrl:ind ' 'alley.—The stock is owtu^d in largepart by Ptnusj jvania Railr.iad Co. Net earnings,year ending SeJ t. ,30. 187?, $200,594. Large advancesnave been inai e to branch n)ads. This companypaid 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*conpons due ,tober,1874. were purchased by Penn-sylvania Railr «d. In default, April, 1875. (V. 20,p. 3-3-i. 470. 5110 170.)

Vanvi'U R ti^a, B'oomingt/m <* P<*in.— This i»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 Northwest-ern. rV. 20. p. Ill, 313, 59-t; V.2t. p. 441. 570, OlttV.SS, p. 87, 281, 305, 515, 690; V. 23, p. 159.)

Page 16: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XTUl RAILROAD STOCKS AND BONDS. [Septem' er 30, 187«.

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

DESCRIPTION.

For explanation of column lieadinj^H, &c., see notesat the heart ot tlrst page of tables.

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 year2<l mortgage3d mortgageToledo depot (cost $353,940) 1st and 2d mortgage

Daulon rf Wesleni—lut M., guar. L. M. & C. & X.JHlaware Railroad—fitockExtension mortgageMortgage bonds, convertible, guar. P. W. <t B.

Delaware A liormd Brook—lut mortgageDelaware, Lackawanna tf TTesteoi—Stock2d mortgage (Delaware, Lackawanna & Western)Bond.s (convertible June 1, 1875 to '77)

I^ackawanna & Bloomsb., 1st mort. (extension)do do 2d mortgage

Denver Paeiflc—lat mortgage, gold, land grant.

.

Denver it Rio (/"ande—lst mort., gold, sli\K. fd. .

.

Des Moines d! FmH Dodge—Ist mortgage, couponDetroit, Eel River dC III.—1st mort., coup, or reg2d mortgage

Detroit, Lansing rf- Lake Mich.—1st mortgage.

.

1st mortgage, on branches2d mortgage, on main roadIonia & Lansing, Ist mort., coup., may be reg

do 2d mortgage do doDetroit (£• Milwaukee—\at mortgage bonds. .

.

2d mortgage, April 28, 18.">6.

1st funded coupons. Nov. 15, 18602d funded coupons, Nov. 13, 1836Boud.s of June 30, 1866 (conditional)Sterling,(Oak, & Otta. RR.) Oct. 1, 1853, gold....Dollar A)ak. & Otta, RR.) bonds, Oct, 1, 1853....1st mort. (Detroit & Pontlac RR.), April 1, 1851.3d mortgage (Detroit & Pontlac RR.), Feb. 1854.2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.Bonds of Sept. 1, 1866, (Limit $300,000)Bonds & mortgage on Detroit real estate

Dubuque d- Sioux City—Stock1st mortgage, Ist division1st m ortgage, 2d division (for $1 ,400,000)

Dubuque Southwestern—1st mort., prcf., sink. fd. .

.

Ist mortgage, Oct. 1, 1863Dunkirk, Allegh. Valley <& Fittshiirg—1st mort., goldDuchess <* Ooiumbia—l%t mortgageEast Tennessee, Virginia <£ Georgia—StockIst mortgage sinking fund bondsEast Teun. & Georgia ($95,000 are endorsed)Eaat Tennessee and Virginia (endorsed)2d mortgage to U. S. Government

Bast PcjiHsyreanio—StockIst mortgage

Eastern {Mass.)—StockEssex RR. bonds, Sept. 1856Ten Year Notes due 1885, April 1865Bonds due 1888, March, 1868 to 1869

do 1889, May 1869.- Ton Year NotesBondsdo sterling, sinking fimd

Funding NotesMortgage funding bonds

Eastern Shore, (JW.)—1st mortgage, convertible2d mortgage, convertible

Ehnira dc Wuliamsport—Stock commonPreferred stockIst mortgage bondsIncome Ijonds, 999 years to run

'Erie Railway—Stock,common

MilesI Date

of ofRoad. I Bonds

142142142142142

361101-2

13llOia27195115

"6025106118889494164231645959

190

Preferred stock (7 p. c. y*rly, not cnmnlative) .

.

1st mortgage (extended in 1867 to 1897)2d mortgage, convertible (extended to 1879) .

.

3d mortgage4th mortgage, convertible5th mortgage, convertible "

Buffalo Branch BondsLong Dock Co. mortgageSterling bonds, convertible, £1,000,000

1431004355559058

27024-2

112130

' 3636114

Size, orPar

Value.

3939787878

959

187118561867186961&641865

18.5918751875

185618721859185818691870187418711873187118721873186918701855185618601863186618531853185118.5418531866

186318641863186318701868

187050-'561856

1858

18,56186568-'6918691872187373-'741874187618601866

18601863

1847184918.5318571858186118631865

AmountOutstanding

Rate perCent

$5050

1,0001,0001,000

500 Ac,1,000

50

1,000

"50500 &c.1,000

100 &c.100 &c1,000

500 &c.1,0001,000

i',6oo1,0001,0001,0001,000

2.50 <&c.

500 Ac.VariousVarious500 &c.100 &c.500 &c.1,0001,0001,0001,000

Various100500

500 &c.500

1,0001,000

ido1,0001,0001,000

"bo100 &e.

100

1,000

100 &c.100 &c.

5050

1,000500100100

1,0001,0001,0001,000

500 &c,100 &c.1,000ie200

$2,395,3501,280,1001,870,000426,000356,000105,500614,000

1,388,023100,000650,000

1,120,00025,889,0001,633,000611,000370,900209,000

2,457,0003,024,5002,200,0002,064,000500,000

3,219,000575,000

1,359,000770,00081,000

2,500,0001,000,000628,525377,115

1,702,316150,86651,000

150,000250,000100,000110,000103,266

5,000,000296,000586,00081,,500

450,0003,200,0002,500,0001,968,2742,999,000730,000147,000190,000

1,309,200495,900

4,997,600194,400160,000

1,000,000500,000

3,516,0001,000,0003,000,0002,000,000

INTEREST OR DIVIDENDS.WhenPayable

400,000200,000500,000500,000

1,000,000570,000

78,000,0008,536,9102,483,0002,174,0004,852,0002,937,000709,500182,600

3,000,0004,457,714

1^27777

6&736672io

77777g.7g.687 ,

888887877

6& 76g.77877

10377777g.7376

437366667

6g.7

"(i'

62133127513I2

77777776g.

Where Payable, and byWliom.

Uoj«/«—Priuol-pal, When DueS(ocA«—LastDividend.

A. & O. Cincinnati. C. H.& D.CoQ.—J. N. Y., Winslow, L. & Co.

J. & J. do doM. & S. do doA. & O. do doM. & 8. do doJ. & J. N. Y., Am. Exch. N. B'kJ. & J. Dover, Co.'s Office.J. & J. Phila.,Girard Nat. BankJ. & J. Phil.,Fid'lityI.T.&.S.CoF. & A. Philadelphia.Q.—J. New York Office.M. & 8. do doJ. & D. do doM. & 8. do doA. & O. do doM. & N. N. Y., Bk. ot Commerce.M. & N. N. Y., Rutten & Bonn.J. & J. New York.J. & J. N. Y., Mercantile Bank.M. & N. do doA. &. O. Boston, Co.'s oflicc.

J. & D. do doF. & A. do doJ. & J. do doM. & N. do doM. & N. N.Y.,M.K.Je8Up,P.&Co.M. & N. do doJ. & J. do doM. & N. do doJ. & J. New York & Detroit.M. & N. New York & London.M. & N. N.Y.,M.K.Jesup,P.&Co.A. & O. do doF. & A. do do.1. & J. do doM. & S. do doVarious Detroit office.

A. & O. N.Y'.,M.K.Jesup,P.& Co.J. & J. do doJ. & J. do doJ. & J. N.Y.,M.K.Je8up,P.& Co.A. & O. do doJ. & D. N.Y., N.Y. Cent. & Hud,J. & J. N.Y.,BrownBro8. &Co,A. & O. N. Y., R. T. Wilson & Co.J. & J. N.Y., Gallatin Nat'l B'kJ. & J. N. Y., R. T. Wilson & Co.M. & N. do do

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

M.&M. &

J. & J.A. & O.M. & N.J. & J.J. & J.A. & O.

J.'&"j.

M. & N.M. & 8.

M. & 8.

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

J. & D.M. & S.

Phila., by P. & R. RE.Pliila., P. & R. oflicc.

Boston, Co.'s Offlee.do dodo dodo dodo dodo dodo do

London, Baring Bros.New Y'ork Agency.

April, 18761Jidy, 1876July, 1881Sept., 1887Oct., 1888

JIar.,'81 & '94Jan. 1, 1905Julyl, 1876Jan. 1, 1880July 1, 1895

1905July 20, 1876March 1, 1881June, 1892

March, 1885April 15, 1880May 1, 1899Nov. 1, 1900Jan. 1, 1904Juno 1, 1891Feb. 1, 1888AprU 1, 1896Dec. 1, 1897Feb. 1, 1893Julyl, 1889May 1, 1880Nov. 1, 1880May 15, 1875May 15, 1875May, 1875

July 1, 1886Nov. 15, 1873Nov. 15, 1873April 1, 1878Feb. 15, 1886Jan. 1, 1878Sept.,1 1886

Various.Apr. 15, 1876

18831894

July, 1883Oct., 1883June, 1900

Jan. 1, 1908April 1, 1876July 1, 19001880 to 1886May 1, 1886

Phila., Girard Nat. B'k.do do

Phila.. Pcnn. R. R. Co.do do

Phila., Pcnn. Trust Co.Phila., Ponn. R. R. Co.

N. Y., Co.'s office. i

do dodo dodo dodo dodo dodo douo dodo doLondon.

July 18, 1876Mar. 1, 1888July 15, 1873

Sept., 1876April, 1885Mar., 1888May, 1889

18821892

Mar. 1, 1893Nov. 1, 1884

188018861876187618802862lf'73187318971879188318801888189118931875

Jan. 1,Apl. 1,May,July,

Jan. 1,Oct. 1,

Oct. 1,

Oct. 1,May 1,

Sept. 1,Mar. 1,Oct. 1,June 1,July 1,Jan.,

Sept. 1,

Dayton <t Michigan.—JjemaA in perpetuity to Gin.Ham. & Dayton, which pays interest on bonds, andguarantees 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 ofold ext. mortg. bonds of 1881, arc yet out, whichwill he retired shortly.Delaware.—Leased by Philadelphia Wilmington

& Baltimore Railroad for 30 per cent of gross earnlogs. lu 3874-5 gross earnings were $510,094, andnet recGipta therefrom, $153,038.

Delaware & Bound JSrooi.—This is pirt of thenew route between New York and Philadelphia. (V.Hi, p. 80!), 257.)

Delaware Lackawanna <e Western.—"Hl^a gaugeof road narrowed in March, 18'6. The com-pany's operations consist in large part of coalminlug and transportation, and no annual reportIs issued except the statistics required by the Stateof Pennsylvania. The Morris & Essex Railroad is

leased and some of its bonds guaranteed. Fromthe last annual report published in Chronicle (V.83, p. 13), the following comparison is taken:

Gross Net Stock andEarnings. Earnings. Debt.

1875 $6,881,107 $4,469,923 $32,();3,185

1874 5,347,725 3,244,633 3ti.5»5,2:«

1878 6,248,485 3,369,818 3.5.775.769

1872..., 4,746,678 3,709.509 !i9,(3:S,515

1871 3,35,481 1,54»,7« 25,922,768

1870 4,106,222 1,240,513 84,766,850

-(V. 22, p. 2J2; V. 23, p. 303.)

Dvnver Ft ri/Jc—Operated in close connection withKansas ,

Pec'.ftc. Land grant, 1,100,000 acres. In1874 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,16,4^4.3.58. (V. 20, p. 569.^

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.

Zfeg Moines cfi Fort Dodge.—Th:s is part of theD38 Moines Valley, reorganised afttr f,,reclosure.

Coupons of Jan., 1857, are funded. (V. 21, p. 483.)

Detroit Eel River dk Illinois.—To be sold in fore-closure. (V. 22, p. 305.)

Detroit Lansing & Lake Michigan.—The reportfor 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 cashand half in pref. stock; coupons or I. & L. bondspaid in cash. Foreclosure proceedings are pending.(V. 22, p. 446.)

Detroit tfi Milwaukee.—This road was operated bythe Great Western of Canada, but defaulted in 1873.

and negotiations are now pending for eetthng thedebt. Of the bonds of .June, 1866, $l,2.i8,n08are in thehands of the Mtrchants' Bank of Canada, redeem-able f 110,000 perycar. The Detroit & Pontiac inter-

est has been paid in whole or in part, and it is notproposed to fund coupons on those or Oakl. & O.boudt. (V. 20, p. 842, 311, a57, 383, 500; V. 81,

p. 186; V. s2, p. no, 509, S81, 199; V. 23, p. 86.)

Diihiique & Sioux City.—Leased to Illinois Cen-tral, in 1867, for 20 years, at 35 per cent of gross earn-ings first ten years, and ;16 afterwards. In 18(5 grossearnings were $1,194,268.

Dubuque Southwestern—Fariev to Cedar Rapids,la.—Gross earnings, 1874, $117,107—$5,8.0 below1873.

Dunkirk Allegh. Valley A Pittsburg.—h consoli-dation, Dec. 1, 1872. Stock, $2,300,000. Road leasedand 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 earn-ings year endini; June .30, 1875, were $1,0.59,935; ex-penses, $342,462, and net earnings, $717,522. Annualreport, V. 21, p. 275.

East Pennsylvania.— l,eSi»ed to Philadelphia &Reading at 7 per cent on stock and bond£. DItI-dends are 6 per cent per annum.

Eastern (Mass.). -Company embarrassed 1875. V.21, p. 317. At request of bondholders, a generalmortgage was authorized by Massachusetts Legisla-ture 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 oper-ated on own account since December. 1869. Coup-ons for $216,000 overdue. (V. 22. p. 297.)

ElmXra & IWKawwpor/.—Leased in 18"3 to North-ern Central for 999 years. Rent amounts to $165,000per year,

Erie.—Mr. H. J. Jewett, the president, was appoint-ed receiver May 26. Negotiations for settlement withbondholders pending-^see report of London Com-mittee in V.22, p. 423. Int. on the first four mortgagesIS paid. Foreclosure suits were commenced underthe fifth and consolidated mortgages, but inFebruary. 1876, overdue interest on 5th mortgagewas paid byMaitland, Phelps&Co. The largest grossearmrgs ever marie were $20,012,606. in 1872-3, Thefollowing comparison for four years is from thecompany's renort to N. Y. State Engineer for theyears ending .Sept. 30

:

"Gross Net Interest,

Receipts. Earnings. Rentals, Ac.1874-5... . . $17,677,746 $4,995,616 $0,351,7811873^... ... 18,r>98,899 5,o;i5,161 5,021,0851872-3... ... a0,l'12,607 6 371,965 3,42.5,280

1871 2... .. 18,.371,888 5,777,38.3 2,:)89,445

(V. 90, p. 288; V. 20, p. 61, 85, 1411.451, 477. ESI, .570.

595 ; V. 21 . n.3<l. 63. 137, 159, 186, 207, 230. 277, 302. 371,393, 44!, 591, 612; V. 22. p. 41. 42. 1.58, 2.3.3, 281, .30.5,

37.5, 423, 447, 487, 531, 545, 690; V. 83, p. 15, 63, 104,134, 18J, S07, 233.)

Page 17: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

Septemlier £0, 1876.] RAILROAD STOCKS AND BONDS. xlz

Sabacrlbera ivlll confer a great Avar by kItIdx Immediate notice of m.aj error discovered la these Tables.

desckh'tion.

For ojcplanation of colniuu heiKlliifCH, &c., eeo note8at tlio heiiul of ttrst puKO of tables.

Erie RuUiony—{Continued)—l8t cormollilatcd iiiortK.w, KOld (f<)i-$:iO,0OO,0O0)

3(1 coiiSDliilaUMl iiu)rlKa«i', T) 'JO, (l'()r,fl(),(KH),000)

New bonds (debi'iituri's) coiivi^rllblo till 18a;t..Srie it ruinliurf/—Stock1st inortKiiKo, couvtiiilblo Into connolld. mort

2d inort^fajct', coiiviu'tibleCoiiHolidiit^d mortgui^e free of State taxK<|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--.let mortKaRo, st^rliii);. on N. Brunswiek road

Evanse. it: Crawfordne.—lttX in., Kv. & 111., 8. f

l8t mort., sinking fund (EvansvlUe to Torre H,) .

.

Roekvlllo extensionEvanrriUe., Terre Haute <t Chic.—lat iiiort., gold2d inortgaffc, gold

FitcMurg—HtorkBonds, I'diipons (.fl.OOO.OOO authorized)

FtiHt i£- I'ire Mar>iuette—StockConsolidated luort^aKe, siukins fundl8t ra. on 20ni., 2d on 10; 1. ill: 1.5;i,(>(K1 ac., 2d d.1st mort., land fcraiit ii^H.CMK) acres, Hd divFlint & 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 lesseesConHtructloii bondsHolly, 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 mortgaKOFort Waifne, Jackson <£ .S'oj/innw—Ist mort., coup. .

.

2d mort. and equipment bonds, couponFort Waifne, Muncieit C'»HC«ina(i—l8tmort.,gold...2d mortgage

Framinf/lMm iC iMwell—lat niortgiige bondsOalmston, llarrisb.Ji San A nlonio—1 st mort, gold . .

.

Qalcestun, Houston it Hend. of 1871—Ist mortOeneoa, Ithaca it Athentf—Ist mort., s. f., goldOeoriiia liailroad <£ Bankiny Co.—StockBonds, not mort.gago

Qilman, Clinton it Springfleid-lHtmoTt,, gold2d mortgage, gold

Grand Rapids it Indiana—Stock1st mort., laud grant, gold (guar, by Pa. RR)Ist mort., liuid grant, gold, not guiuanteedIncome mortgage bonds, for $10,000,000

Qremd Trunk (C'«K«rfrt)—Consolidated stockNew stock for £10,000,000Debenture stock for £3,000,000 (act of 187-1) ....

Canadian debenturesEquiimicnt mort., 1st on all rolling stock

do 2d do doPostal bonds. &c., secured by gov't business1st pref. bonds, conv. iuto 1st pref . stock2d do do 2d do3d do conv

Qreat Tre.?(e;'»(Crt)mrfa)—Common stockPreferred .'5 per cent, convertible into common. .

.

DebenturesMortgage bonds, coupon

do dodo do

New bonds, couponGre«ntitH« rfC'o/itmftia—Ist mort.,gnar.by State . ..

Bonds not guaranteedNew mortgage (for $2,.")0O,0OO)

Oulf, Western Tixas it: I'acijic—lfitmoTtf^ageHannibal it St. Jrac/^A—Common stockPreferred stock (7 p. c. yearly, not cumulative). ..

Missouri State loanLand grant mortgageBonds 1870, eoMV(!rtil)le

Ist mortgage (Qnlncy ,& Palmyra KR)Ist mortgage (Kansas City & Cam. RR.)

Harrisb., Portsm'th, Mt. Joy <t Latie.—StockIst mortKage

MllCHof

Roud.

4.'>"J

s-i'hSlHiSi'sSi's

be584988Dl10923505094

23323360

1901713

«558

1010010010!)

109•2(i

825035

232

iio110335335335335

1,377

495%3503.50350350350145143

14369

275275

15535454

Dateof

Bonds

187018741873

]'802

18651868

186918691869186718521854186018701873

1874

1872180B186818681867

18711869187018721873187018691871186918711871187318721870

18701872

18(V918691875

18731875

Size, orPar

Value.

1876

1853-718631870

1867

18.53

$1,0001 ,0(M)

1,000.50

100 &c,100 Ac1,000

1,000

500 Ac,£2001,0001,000

500 Ac,1,0001,000100

1,000100

i',6()o

1,000.500 &0.500 &c,

500

1,000500 .tc,

1,000500 &<:

500 &e100 &e1,000

1,0001,000

1,6001,000

100 &c100

1,600

1,0001,000

'i25£100

*20l2£100

iioo£100£100£100

Various

100100

1,000

50

AmountOutstanding

.•(112,076,0001I,I(K),0<K)10,000,0001.998,400291,70092,.?00

2,193,000800,000

l.(KK),0002,000,000814,000

2,000,0(K)301 ,000616,000147,000775,000325,000

4,0(X),OOO500,001)

3,298,2002,924,000

33,0002,145,000400,500100,00075,000

280,4801,0<K).000800,000400,000

1,000,000200,000300,0(K)

1,.500,000500,000

1,800,000500,0(K)500,000

1,700,0001,493,000600,000

4,200,000514,500

2,000,0001,000,0002,800,0004,000,0004,000,000

(1)

£3,486,7877,500,0001,060,0003,111,.'>00500,000500,000

1,200,0003,218.1492,327,8087,160,910

£4,459,309288,883

1,998,275127,000485,00062,000

1,000.0001,413,071632,237

1,386,0009,167,7005,087,2243,000,000109,000

4,000,000500,000

l,20{>,0CMt

1,182,.5.50700,000

INTEREST OR DIVIDENDS.

Cen,r Payable

7 g.

7 g.l!»i

77776

g.

6& 7««777g.7g.47

"h781010108877777887g.87

?&I'-7

8g.

"7's-7g.

6g6 g.

Various.

'i^5 g4g-1>4

21a565io5>267

7g."7"

678310

yi.il. s.

J. & D.Q.-J.Q.-M.

J. & J.A. & O.J. & J.A. &. O.J. & J.M. & .8

A. <t O.J. & J.J. & J.M. & N.F. & A.M. & N.J. 4 J.J. i J.A. &0.

M.'&N.J. & J.M. & 8.

ii.& N.J. & J.M. & 8.

J. & J.J. <fe J.M. & NM. & N.M.& 8M. & NJ. & J.J. & J.A. & O.A. & O.A. & O.

F.'&A.J. & J.J. & J.J. & J.J. & J.M.& 8.

J. & J.

J. & J.A. & O.

A. & O.J. & J.P. <fc A.J. & J.

J. & J.

J. & J.

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

J. &, J.

J. & J.A. & O.M. & 8.

,F. & A.I.T. & J.

3H |J- & J.6 J. & J.

Wlioiu.

New York and London.London.

doN. Y., Union Tni«t Co.

do dodo dodo dodo do

Boston.New York.

Boston, Second N. Banklyondon.

N.Y.,Farm,L'an & T.Co.do dodo do

N.Y.,Fann.L'an & T.Co.do doBoston OtUoe.

do

N.Y., Mercli'nta'Ex.B'k.N. Y., Meohau. Nat. B'k.

do dodo do

Newai'k, N. J., 8av. Ins.New York,

doN.Y.,Mech., Nat. Bank.N.Y., Chatham Nat. Bk.

do dodo dodo do

N. Y., St. Nieh. Nat. B'k.N. Y., Farm's. L.& T. Co.

do doBoston, OBlce.

do

Bost. & London.N. Y., F.P.James & CoN. Y., Mctrop. Nat. B'kAugusta.Oa., RR. Bank

do doNew York and London

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

London, at Co.'s OlHeo,do dodo dodo dodo dodo do

London & Montreal,do do

London Joint Stock B'k.do dodo dodo dodo do

Columbia, Co.'s OfUce.do do

N. Y., B'k. No. America,do dodo dodo dodo do

Phila., Co.'s Office,do do

Bom/»-Prlnoi-pul. When Dee.Utocks—LattDividend.

Sept. 1, 1920'Mar. 2, 180^Jan. 1, 1903;Sept. 10, 187«I-July 1, 1882April 1, iseoJuly 1, 1898Oct. 1, 1890Jan. 1, 1889Mar. 1, 1899-April 1, 189»July 1, 1897Jan. 1, 1887Nov. 1, 1887Aug. 1, 1880-May 1, 190O

July 1, 1878.April 1, 1894

May, 1902Jan. 1, 1887Sept. 1, 188&May 1, 1888July 1, 1882Sept. U 1887Jan. 1, 1876Jan. 1, 1901.May 1, 1889-

Mar. 1, .1902May 1, 1903July 1, 1000July 1, 1889

Oct., 1881Oct., 1889April, 189ft.

18911910

July 1, 1902JiUy 1, 1890Jan. 15, 1876yearly to 1890

Sept., 1900Jan., 1892

189»1899

April, 1877Jan., 1930Penietual.

IiTedeemable.IiTedeemable.Irredeemable.April, 1874April. 1874Perpetual.July, 1876Oct.. 1877Oct., 1878Dec, 1890

1881 to 188ft

Jan. 1, 1908

Aug.,1884-

April 1,

Mar.,Jan.,Jan.,

July 1,

July 1,

18701887188118851802189218761883

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 stockand debt. Net earnings, 1876, $32»,787. V. 80, p.

42 S.)

European <ft North American. — Defaulted in

1875. A very complete statement of debt, inclnd-

ing bond* pledged for loans, in V. 21, p. 31.5. Inter-

est is paid on Ist mortgage and Bangor & P. (V. SO,

p 815; V. ai, p. 15, -m, 315, 318, 3U5, 418; V. 31, p.

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.)

if. (cWur(/.—Leases Vermont & Massachns'-tts.

Net famines 18r4-5, $391,021; dividends, 8 per cent

for some years. (V. 21, p. 29, 690.)

Mint <fc Pere Marquette.—Qtosa earnings 1875,

%l 05.%0'.3; net earnings, (;.'i58,'t98. The lands are in

five trast; sales in 1875, 7,430 acres, for $84,&38;

total to Jan. 1, 187B 2S?,999 acres, for $3,143,%!;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.

I. There are in addition to above, <25.')ii0 N. Y.&, Fleshing RR. 7b; tl4».u00 North Shore 7s; and»93,000 Whitestonc & WcsteheBter "s. (V. 20, p.

382.)

Fonda, Johnstown <t GtoperstiU^.—Net earnings

J8ri-3, $45,957.

Fori ^Vayne, .Tackson * 5a^inaif.—Traffic guaran-tee 40 per cent from Michigan Central. Interest waspassed January, 18!4. Gross earnings, 1874, $282,882;

net, $137,309. (V. 19. p. 365; V. 20, p. 591; V. 23,

P. 863.)

Cincinnati.—Receiver(V. 19, p. 602, 528, 583:

Fort Wai/ne, Afuncie d

appointed Nov mber, 1874.V. 20, p. 18'>.)

Framinciham <fc Lowell. -Leased to Boston, Clin-ton & Fitchhurg; has also $150,000 8 per cent bonde.(V. 16, p. 188.)

Oalveston, Harrisburg & San Antoriio.—ln prog-ress. Net earnings lt74-6, $310,-374. (V. 23, p. 375

)

Oalceslon, Houston <fc Hender$on.—'Set earnings1874, $255,376. (V. 2J, p. 315.)

Oeneva, Ithaca it: Athens. —Consolidation in 1.874 ofGeneva*; Ithaca and Ithaca £ Athens. In Receiver'shands, April, 1875. Sold Sept. 3, 1876. (Sec V. 23,

p. 2j(i, 304.)

Georgia Railroad <fc Banking Company —The an-nual report for the last fiscal year, ending April 1,

1876, was pnbhslied in V. 3i, j). 469. A com-parative statement for tlirije years was as follows:

1873-4. 1874-5. 1875-6.Tot. gr. carng's... $1,571,785 $l,2St,!i07 $1,191,334OperafgcsiK-nses. 88',4.^ 836,097 611,677Net earnings 684,334 453,809 562,646

In May, 1875, this company, with the Central Georgia,purchase*! at foreclosure sale tlie Western Railroadof Alabama. (V. 19, p. 347; V. 21, p. 895.)

Oilman, Clinton- if- Springfield.—This companydefaulted in 1874, and was sold June 8. 1876. (V.20, p. 404. 570. 613; V. 21, p. 39, 63, 110; V. 23, p.375,614; V. 23, p.86)

Grand Rapids <ft Tndlana.—An official descriptionof bonds was given when they were put onthe call of the New York York Stock Ex-change, in January, 1875, as follows: ^4.000,0.10are " Oanrant,^ed Bonds." Principtl and interestgurtrantced by the Pennsylvania Rtilroad Com-pany, and are also a lien upon the land grant.No. 1 to 4.0 .0. $3,030,000 are ' UnguaranteedBonds," which are secured by the same

mortgage as the guaranteed bonds on the CEtire iiuid grant. $1(80,000 are "Ex. Land GrantBonds." being a part of the orignal $4,000,^00 nn-guaranteed bonds, which liave from time to timebeen redeemed by the operations of the finkingfund. When the land certificate is detached theyare no longer a lien on the land, but, by the terms ofthe trust deed, remain a fl sr mortgage on the wholeImo 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 representpounds sterling. Gross earnings in half year endingJan. 1, 1876, il.OSS.SS"; expenses, £818,408; netearc-ines, £305,4.10. Report in V. 23, p. 445. (V. 81, p.440; V. 23, p. 134, 159.)

Great Westei-n {Canada).—These flgvres are givenIn pounds sterling. Company leases several roads inCanada, amounting to Ibti'^ miles, and the Detroit& Jlilwaukce, 189 miles. For the half year endingJan. 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.2:1, p. ISl, 159.)

Greenville <6 CWu;nAi<j.—This company defanltedseveral years since, but compromised with its bonu-holders. (See Chronicle, V. 16. p. 220; V. 17, y.460, 752; V. 20, p. 568; V. 22, p. llu.)

Oulf, Western Texas it Pacific.—^let earning*^18"4-.6, $,'iO.OOO. Overdue coupons, $212,560. (V. SO,

p. 428; V. 33, p. 256.)

HfinntbiU <fr St. Joseph.—Ot the Missonri State lean$1 ,.100,1100 was extended for 30 years. It is statedthat the Co. has f2.E'X\0Ci0 in land notes, and 9u,00O

acres yet unsold. A change in the directors tookplace Nov., 1875. No report has been issued since

1872. (V. 21, p.443, 488; V. 22, p. 158, 338; V. 23. p.113.)

Harrislmrit, PorismoulA, Mount Joy <ft Lancast-r.—Leased to Pennsylvania Railroad, which owns •.

majority of the stock.

Page 18: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XX EAILROAD STOCKS AND BONDS. [Septem'e- 30,1876.

Subscrlbnra will conrer a great <avor by elvins Immediats notice ot any error diaoorered In these Tables.

DESCKIPTION.

For explanation of column licadlugs, Ac, soe notesat tbc licad of tli'Kt page or tablua.

Ban/. , Prov. <t f'isMMl—lHt mort. (R. I.)

ELouaatonic—StockPrcfemirt stock ,

2d iiiortKasoBonds of 1«09 '. .•

Bonds of 1 873Bouston <£• 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., gold2d mortgage, gold3d mortgagii .tonaolidatcdScrip for past due coupons

JUinoit Central—StockRedemption, 1st and "Jd series•General mortgage, sterlingSterling bonds, (sinking fund $100,000 yearly)..Mortgage, storliiig

Indianapolis, lilaominglon rf- Tl'«s(.—1st mort., gold.2d mortgagelud.. 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—StiKkPrefeiTcd stock (issued for funifed debt bonds)IndianapoUs <fc Cincinnati of 1858Indianapolis, Cincinnati & Lafayette

do d*) doFundtd interest bonds, couponEquipment bonds, registeredCincinnati & Indiana, 1st mortgage2d niortgage, gnaranteed

ZHdianttpolis (C St Louis—Ist mort., iu 3 series2d mortgageEcjuipment bonds

IttdMtnupolis e£ Vincennea—lBt mortgage, guar...2d mortgage, guaranteed

Intemaiioiutl J: Ureal Nort?iern—Consol. stockInternational, 1st mortgage, .gold ,

Houston »& Great Northern, 1st mortgage, goldInt. & H. & U. N. convertil)le bondsdo do 2d mort., (exch'ble for convert.)

loma Falls tC Sionx Ot(//—StockIst 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).

1st mortgage (.Susquelianua to Carbondale)Heffersuittille, Madison tt Indianapolis—StockIndianapolis & MadLson, 1st mortgageJeffer.sonville, Madison A: Ind., 1st niortga.ge

do do L'd mortgageJersey Citii d- /l/6aiii/— Ist mortgage, goldKIdgelleld Park, (N. J.,) 1st mortgage

/oliel (C- \ortheini Indiana—1st mortgagefuneiion, rhiladelphia—1st mortgage2d mortgage

Kansas Oitji, SI. Joseph rf- Cmmcil Bluffs—S,tot•^i...Ist mortgage. Council BluB's & St Joseph- 1 ^St. Joseph it Council Bluffs, Ist mortgage-., a

do do convertible !

"

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)Tlirce year notes

Kansas J'aeifte—StocM1st M., 394th to 630th mile, I'd gr., 3,000,000 ac'slet mort., gold, coup., on 140 miles west Mo. Rivlet mort., gold. 1 40th to 393d mile2d mort (to U. 8. (iov.) on 394ni. west Mo. lliver1st mort., coup., (Leavenworth Briineli)Income bonds, coupon, 3d mortgiige on 427 miles.Ist land b'ds, cp, or reg., gold, on 2,000,000 acres2d land mort.. do do doArkansas Valley, 1st mortga.ge, gold, guaranteedJune. C. & Fort K., Ist raort., gold, land gr., guar

Kenl Counlii, (Mrt.)—lst mortgage bonds.Kenlueky Central—^A mortgage3d mortgage

Cl

o.=

Milesof

Road.

Dateof

Bondf

261s12012074

34311847

461585858

707

20220221785

90li>4174

20207171

117117459204255

459

18441

2509

3822086

1 59l.SO

381241

265527878

1 iiO

262

67324514025339434

427

561-233 13349!)

99

1853

18691873186618701873187218,5418.571865

1851186418751874187518691870187218761876

18751858186718691873187318021867186918701871

1871187218721874

1869

l'87018071809

1862186618701S731872

1866186718()918f!8187018731871-2

1869186518661865-7186618661870187118731873186918.53

' 1855

$500&c.100100

Size orpar

Value.

1,0001,0001,0001,000500500

1,000

ioo500 &c.£200£200£2001,0001,0001,0001,0001,000

50100

500 &c,1,0001,000

1.50 &c,500 Ac,1,0001,000

500 &c,1,000

1,6001,0001,0001,000100

500 &c,

1,0001,(H)0100

500 &e1,0001,000

1,0001,0001,(K>0100

1,0001,000

500 &c,1,0(K)1,000

1001,0001.0001,000

1,600100 &c2.50 &e1,0001,0001,000500 &e1,000

I 1,000

AmountOutotaudJiig

Rate perCent.

$481 ,000820,000

1,180,000100,000100,000150,000

6,227,0002,305,000940,000

2,864,000416,000367,500

1,383,000100,707

29,000,0002,500,0002,500,0004,642,0001,000,0005,000,0001,5CK),0005,500.000

38,0002.667,0005,668,9671,200,0001,600,0002,800,0001,701,000469,100375,000500,000

1,497,0002,000,0001,000,000500,000

1,700.0001,4.50,0005,500,0003.264,0004,084,0003,116,0001,843,0004,625,0002.960,000660,000

4,v)00,000300,000

2,000,0001,994,500397,000

2,439,0002,000,000250,000300,000800,000500,000300,000

2,789,413500,000

1.400,000539,500

2,500,000887,000948,000305,000

10,000,0006,404,0002,240,0004,003,0006,303,000OOO.CKX)

4,275,3.501,706,2501,500,0001,125,000600,000400,000844,000237,000

INTEREST OB DIVIDENDS.

276

7 g.7g.87g.7g.7

6&7466g.

il:

I'-7g.?«•

7777107777876

7g.7g.8811^7

771»4777 .

7 g.7866

"7"

108

7&7g.88

13

'

V'g.<i g-

g.6777g.7 g.

7 g.

7 g.677

WhenPay'blo

Where Payable and byWhom.

J. & J.

Q.-J.F. & A.

J. & J.

J. & J.

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

F. & A.A. & O.A. & O.A. <fe O.J. & D.A. & O.J. & J,

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

A. & O,F. & A.J. & D.M. & S.M. & 8J. & D.J. & JVariousA. & OJ. & J.F. & A.M. & N,

A.& O.J. & J.

F. & A.F. & A.Q.-MA. & O.M. & N.J. & J.

J. & J.J. & J.Q.-F.M. & N.A. & O,J. & J.J. & J.M. & NJ. &, J.J. & J.A. & O

J. & JM. & 8.

J. & D,V. & A,M. & 8F. & A,

M. & N.F. & A.J. & I).

PayableM. & N.M. & S.

J. &. J.

M. & S.A. & O.A. & O.J. & J.m:. & S.

J. (fe D.

i?o?irfs—Prinolpal, Wlicn Due.A7oct«—LaatDividend.

Hartford, Am. Nat. B'k.

Bridgeport & Boston.Bridgeport and Boston,

do du

N. Y. , Nat'l. City Bank.do dodo do'do do

Philadelphia, Office.do dodo dodo do

N. Y., Co.'a Office.N. Y., Co.'s Office.

London.I.«ndon,Morton R.<& Co.

do doN. Y., Tumor Brothers.

do dodo do

New York, Co.'s Office,

do do

N. Y., Amer. Ex. Bank,do dodo dodo dodo dodo dodo do

N. Y., Winslow, I,. & Co.do dodo do

N. Y., Fai-m. L. & T. Co.do do

N. Y., National aty B'kdo dodo do•.'0 do

N. Y rat. Park Bank.

?(ew York.Ilonesdale Nat. Bank.N. \'., by Erie Railroad,N. Y., Farm. L. &. T. Co.

do dodo dodo do

New York.N. Y'., Fann. I>. & T. Co,Philatielphia Office.

do do

New York and Boston,do dodo do

N. Y., Fann. L. & T. Co.do do

Boston.

Jan. 1, 1876

Oct. 10 18761885188918f3

July 1, 1891July 1, 1891July 1, 1903Oct. 1, 1912Oct. 1. 1890Feb. 1, 189SApril 1, 1895

Aug. 1, 1876April 1, 1890April 1, 1895April 1, 1903Deo. 1, 1905

Oct., 1909Oct., 1890

1912Jan. 1,

July 1,

19061906

April, 1888Feb., 1897June, 1899

Sept. '78 •80,'83Sept. 1,Dee.,

18831892

Jan. '77, •82, '87July 1, 1919Oct, 1, 1900July 1, 1881

19031900

April 1, 1911Jan. 1, 1900Aug. 1, 1892Feb., L904

Sept. 1 1876Aju-il 1, 1899May, 1901

19001887 & 1889Jan. 1 1889Aug. 1, 1876May 1 1881Oct. 1 1906July 1 1910

19 L3

May 1, 1912July 1 1874July 1 1882April 1 1900

N. Y'., Lond. & Frankft.

N. Y'., Bk of Commerce.do do

I2 l>y transportation.N. Y., Bk of Commerce.

do doN. Y., Lond. & Frankf t.

New York.New Y'ork & Frankfort.

New York.Phila., Corn Exeh. BankN. Y., Bank of America.

do do

Jan. 1, 1880Sept. 1, 1892June 1, 1874Aug. 1, 1893Sept. 1, 1890Feb. 1, 1898Oct.toJ'ne,74-5

May 1Aug. 1June 11895

Jan. 1July 1

July 1

Sept.,April 1

April 1

Jan. 1

MarchJune

18991895

, 1896to '97, 1896, 1916, 1880,1886, 1903, 1903, 1889,18831885

Hartford, Providence <fe FinhklU.—TMn road forms« part of tlic proposed line of the Boston, Hartford4 Eric. The bonds fell due Jan.. 18T(). but city otProvidence declined payment and suit is pending.(V. 2J, p. 87, 304.)

Hdusalonk.—ho.inic* Berkshire Railroad, Stock-6rldge & Pittsflekl, and West Stockbridge. Grossearnings in 1ST4-6 were JttSg.lXK); net, »222,173. Themort. bond^ due )8T7 paid off Nov., '75. (V. 2.', p«32.)

Boustotiit Texas Centrat.—Qioes earnings in 1875-fi

were $3,lo8.s0>; net earniugs, $1,:«8.H0. Interestcharge, 8S7S.OO0. Capital paid in, $P,0Ji),00a. (V..

20, p. 77, 140; V. ii, p. 328; V. 83, p. 158.)

Buntingdon it Broad Top. Capital stock is $1,-993,-i50. Gross earnings in 1875 were t333,839; net,$I65.'180. Interest passed on 3d mortgage bonds.(V. 82, p. 206.)

lUlyiois Cential.—K general mortgnse provides forall 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 oftO.000,000 %yliich bear a purchasing agreement of

S200,000 per year, but arc not guarautt'od by the III.

cut. Annual dividends for tliree years past havebeen 8 per cent, and previously 10 per cent. Thefollowing is a comiiarison for four years:

Gross " "

Tear. Earnings.18T5 $7,KB,55«1874 7.900,7«t1878 8,268,325W72 8,028.754

-<V. 20, p. 61, 1 10, 288; V. 21, p. 489; V. 28, p.

16, 2S6.)Indianapolis, Btoomiiyiton A Western—V>f:fhn\t was

first 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 partof 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.)

Net Interest,Earnings. &c.$2 67.1,081 $661,09'-i

2,775,302 413,1)10

8,5.W,89!) .55^,437

2,10i,107 557.48)

Indianajiolii, Cinclnnali cE Lafa\ieUe.—T)\« com-pany was rc-organtzc'l in 1873; but with a heavydebt 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,

183.)

InManai>olls, Decatur & Si>rin(j/lelrl—T\m em-braces the former Indiana & Illinois Central. Thesecond mortgage is isf^ued to holders of old I.<Sr, I.Cfirsts, and till July, 1S3I, interest is payable out ofnet earnings only, if sufficient. The remaloing 67miles 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. Thiscompany forms part of the Pennsylvani h system, andleases the St. Lonis, Alton & Terre Haute. (V. 21,

p. 395.)

I/idi'inapolis ti Vineei^nes.-lfi controlled by Pcnn.Co , through stock ownership, and interest is guar-anteed by ?enn. Railroad. Net earnings in 1375were $33,708. (V. 80, p. 426.)InlernatUmal c6 Great Xorthern ( Texas).—TMs 'e a

consolidation of the International and the HoustonGreat Northern. Interest passed and fundin r pro-gressing. The company had an issue ot Texasbonds granted it, but the grant was repealed andland given instead. (V. 20. p. 136, 8^1, 313, 383; an-nual report, V. il, p 39S )

Iowa F,Uls ct; Siotix CUii—lie&SKCL to Illinois Cen-tral at 35 per c,'nt. on earnings. Quarterly dividendla per cent, June 1, 1876, on $4,6J5,000 stock.

Iron .Mountain, Chester <fi.£'a«<«ra.—This was for-merly the Chester & Tamaroa. Bonds arc in de-fault 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.)

JefersoHVil'e, ifadlsox cS /n(fiona;)0^i«.—Leased In1871 to Pittsburgh, Cinciimati & St Louis Railroadfor interest and sinking fund of bonds and 7 percent, a year on stock. Lea.se transferred December,187'2, to Pennsylvania Company. In 1875, net earn-ings were t4li8,'381. (V. 80, p. 426.)

Jersey/ City 16 A«ia'>?/.—Road was in progress, butwas stopped in panic of 1873. Bondiioldwa heldoff. (V. 19, p. 385; V. 21. p. 613.)

Joliet & Northern In'liina.—ii\c'n. Central offeredto extend with a 6 per cent, bond but court decidedthat total rent must be applied to principal andinterest 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 addi-tion 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 defaidtedSept., 1873. (V. 80, p. 475; V. 88, p. 233, 49j.)

Kansas Pacific.— In 1875 net earnings were$1.5"J,KS0, against $1,535,761 in 1^74. Th^; landgrant is m two trusts, 2,(00,000 acres in the first,

from the 1st to the 38)th mile, and 3.000,000 acres inthe second, from 3^tli milj westward. Interest onincome bonds is pavable in lands or cash, only outof net earnings. 'The company now pay* half thecurrent 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.82, p. 045; V. 23, p. 38,80.)

Kent Co.—This road was completed in 1872, butdefaulted in 1873. No recent information received.

Kenl.tieky Central.—TWb was formerly Covington& Lexington. (V. 20, p. 500; V.81, p. 39.)

Page 19: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

8 pt.mber SO, 1876.] RAILROAD STOCKS AND BOWDS zn

knbsoiibers vrlll confer a sreat favor by kItIdk Immediate notice of an^ e^ror dlneoTered In theae Tables.

DESCRIPTION.

For explanation of columu hcadinapn, &e., goo uotesat tliu liuud of UrHt page oi tables.

Keokuk <t Dea i/oiHCg—lHt mortgageFunded intei'cut bonds

Knox tit Lincoln— \iit niort;?.i;;o

Lake Krie <t Ijouineille—Ul niort. ($1,100,000)..Jjake ShoretC Michigan .S'ohWktk—StoekQuoi'nutecd 10 pur cent stockCouHul. 1st luui't., (sink, fund, 1 per oont) coupon,

do do do reKlstered2d mortgaso, do. (for Jti'J.I.OOO.OOO) coup, anil rogIncome bonds (s. f. $(i()0,000 i)i;r yr.) conp. or TCg.Mortgafje bonds of Oct., ISOS), sinking fundIst mortgage, sinking fund, M. H. <fc N. I

2d mortgage, I\Iiclilgan Soutlioru2d mortgage (C, P. & A. KK.) registered bonds.

.

3d mortgage doLake shore <llvidond bonds, April, 180!)1st mort gage (C. & Tol. RU.) sinking fund2d murtgage doBuffalo & Erie, mortgage bonds

do dodo do

Kalamazoo & White Pigeon, 1st mortgageSchoolcraft tt Three River. Ist niortgagtiKalamazoo & Schoolcraft, 1st mortgageKaliimazoo, Allegan it. (ir. Rapids, 1stmortgage,

do do stock, 6 per ct. guar.Tamestowu <fe Franklin, Ist mortgage

do do lid mortgageLake Superior <* 3fjsk—1st mort., gold, l.gr.,B.fIncome mortgage bonds

XawrfMM—Stock1 st mortgage

Leaven., Law. d Ou/r.—Ist mort., l.gr. ,s.f., convKansas C. & Santa Fe, Ist mort., guarSoutheni Kansas. 1st mort., guar

liChigh (£ Lackawanna—1st mortgageLe/iigh Vatli-y—Stock, common and pref

1st mortgage, coupon and registered2d mortgages registeredGen. mort., gold, $A £ (s. fd. 1 p.o. y'ly) coup. & rog.Delano Land Company bonds, endorsed

Leufisburf/ Centre <C- Spruce Creek—lat mortgage...LiUle Miam i—Stock, common

1st mortgage8tre<;t connection l)onds

LiUle Hock <£ Fori A'/jii/A—New stock1st M., Id gr't(7.")(),000aes)8.fund (for $3,000,000)

LiUle W)ck, J'ine Bluff (t ,V. O.—Ist mortgageLilUe Sell itylkill—Stuck

Ist niortg.ige, sinking fundLogansp'l, Crawfordse. it S. W. of /jtrf.— 1st mort., g.Long Island—Stock

Ist mortgage, main extension and G. C. Branch..Newtown & FlushingNew York \- Koekawjij'Smitbtown & Port .Ietfer.son

LouismllCy Cincinnati <£ Lexington—StockPreferred !) per cent stockBonds to State Kentucky (perpetual loan)Louisville loan (to Louisv. and Frankft)Louisville, Cincinnati & Ixjxington, 1st mort

do do do 2d doLotiismlle <t Xctshville— Stock

Louisville loanl«banon branch, Loidsville loanLebanon bi-aneh. 1st mortgage

do extension, Louisville loanConsolidated 1st mortgage for .$8,000,0002d mortgage, boud.'i, goldMemphis & Ohio, 1st mort., sterling, guarMemphis tfe Clarksvillo I>r., Ist mort., sterling

Louiscille, J'aducah rf S. IT.—Ist mortLykenH Valleg—StockMacon <£ Sugnsla—lMt mortgage2d mort., endorsed by Georgia Railroad

Macon t£ lirunswiek—1st mort.. State eudors2d mortgageEquiinnont bonds

Madison <t Fortgage—lat mort., gold

Milesof

Road,

102

501181

mi801

8014514519595

258loy16288888837121358

5151

156

17145331015

202171200

1914181

i2312370313192

1589541019

175

65175175605

Satoof

Bonds.

392

13083

185207777

IO7I21971a

"39

18741874

1872

18701870187318721869185518571859186718691855186618621860186S1869186718671868

1863180918691872

1865186918701872

1868187018731872

18531864

18751870

18.171870

1870187318711871

185118671870

1856186318031868

187118721870

1867186967-'701869

1870

Size, orPar

Value,

$100&c,100 &c.

l',()o'o

100100

1,0001,0001.0001,0001,0001,0001,0001,0001,000

500 &01,0001,0001,0001,000

500 <Sec.

1,0001,000

500 lite

500 &c50

1,0001,0001,000

501.0001.0001,0001,000

'

' 501,0001.000

I'.fVoo

1,00050

,500 Ac100 Ac

.50

50050050050050100

1,0001,0001,000100

1,0001,0001,0001,000

£200£2001,000100

1,0001,000

500 Ac.500 Ac.

5001,000

AmountOutstamUng

$2,300,000258,720

2,395,0001 ,002,000

40,4()6,5O0533,500

1 ,443,0003,886,0009,105,0003,395,0001,198,0005,250,0002,682,0001,000,0001,000,0001,442,0001,595,000849,000200,000300,000

2,850,000400,000100,000100,000840,000610,000443,000500,000

4,500,0001,500.000450,000344,000

5,000,000720,000160,000300,000

27,092,2975,000,0006,000,000

11,129,0001.797,0001,545,0004,608,0001,500,000525,000

5,000,0001,900,000750,000

2,646,100723,500

1,500,0003,300,0001,.500,000150,000250,000600,000

2,623,483851,00074,519

100,0003,000,000981,000

8,988,301849,000225,00088,000

333,0007,109,0002,000,0003,500,0002,369,7103,000,000600,000400,000370,000

2,500,0001,100,000150,000600,000

INTEREST OR DIVIDENDS.

Rato i>or When Where Parable, and byCent. Payable Whom,

78

"7'

2577777777777777778883777 g.102>«7101087267««•

7266

"7'

737 ,.

8g."7'

77734I3

66784667677g.7!'213777777g.

A. & O.A. & O.

A.i"o,F. A A,F. A A.J. & J.

Q.-J.J. & D.A. & O.A. & O.M. 4 N.M. A N.J. & J.

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

A OJ. A J.J. A J,J. A J.J. A JA. A O.J. A J.J. A D.J. A J.A. A O.

QF. A A.J. A J.M. A N

F. &A.Q.-J

J. A D.M. A 8J. A DJ. A J.M. A NQ.-M.M. A N.Various

J. A J.A. A O,J. A J.A. A O.Q.—F.

M. AN,M. A N.A. A O.M. A 8

New York OfUoe.do do

JA JA JA O.& A.A O.

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

Q.-F.J. A J.J. A J.VariousA. A O.A. A O.A. A O.

New York.N. Y., Union Trust Co.

do do

pa

.-If

N Y., Union Trust Co."do do

N. Y., Boston A Phlla,do do

Pittsburg Oflice.N. Y., Wlnslow, L.ACoN. Y., Farm. L. A T. Co.

Boston OlHce.do

Phlladolpbia Office,

Reg.atoffleo, op.B'kN.APhiladelphia OlHco.

do doPhlladolpbia Office.

Cincinnati.N Y., Bank of America.

Cincinnati.

Boston.N. Y., Union Trust CoPhiladelphia Offlco.

doN. Y., Jones A Schuyler,

Company's Office.N.Y., St. Nicholas N.Ek,

do dodo dodo do

Louisville.

N. Y., Bank of America,do do

N. Y., J. B. Alexander,Louisville.

N. Y., Droxel, M. A Co,do doLouisville.

doN. Y., Drexel, M. A Co.

London, Baring Bros.do doNew York.

Philadelphia.N.Y'.,M.K. Jcsnp.P.ACo.

do doN.Y., M.K.Jesup.P.ACo.

do do

New York.

iJoMrf«—I'rluol-pal. When Due.S(»eA»—LastDividend.

19041884

AprlY,'i892Aug. 1, 1876Aug. 1, 1870July 1, 1900July 1, 1900Deo. 1, 1903Oct. 1, 1882Oct. 1, 1879May, 1835

Nov. 1, 1877Jan. 1, 1880Oct. 1, 1893April 1, 1890July 1, 1885AprUl, 1886July 1, 1883Sept. 1, 188SApril 1, 1898Jan. 1, 1890July, 1887July, 1887July, 1838

April 1, 1870Jan. 1, 1897June 1, 1894Jan., 1899Oct., 1902July, 1878Aug., 1895July, 1899May, 1890

1892Feb.. 1897

Oct. 16, 1876June, 1898Sept., 19101898 A 1923Jan., 1892

May 1, 1902June 10, 1876May, 1883

1894

July 1, 189SApril, 1900July, 1876Oct., 1877Aug., 1900

1873July, 1890May, 1903April, 1901Sept., 1901June, 1869July, 1873

Jan;,'"i881Jan., 1897April. 1900

Aug. 1, 187S1866 to 1887

1880Nov., 1880-'85Oct, 15, 1 893April, 1898

Nov. 1, 188«Dec, 1901Aug,, 1902

Mch. 1, 189*Feb., 1876

18871879

1887 to 190O18891879

Oct., 1890

Keokuk <ft Des J/bin«».—Formerly East. Div. of DesMoines Valley. The stock is $l,.'>:i4,000 pref. and$^,400,000 comraoi). In year ltt75-(> gross earningswere J;V4l,3ii9; net, $826,838. (V. 20, p. 520; V. »2,

p. 688.)Knox dJ Lincoln.—AaaaB\ report, V. 33, p. 304.Lake Brie t6 LoulsniUe.—Thi^i road was a rcorgani-

zatl'>n, and has been financially embarra^Hcd. Thereis a second mortgage of $5'.)0.000. See V. 19, p. 36B.

Lake Shore <e ifiehigan S()u<A«ra.—The annual re-port for 18T5 was pnblishea in the Chboniole,V. 22, p. 4il, and balance sheet 447. Laterreport to -lune .3(1, 18"li. V. M, p. lai. The fol-

lowing shows a summary of the Ugures for each ofthe calendar years named

:

I8~5. 1871. 187:1.

Miles 1,175 1,175 1,175Gross earnings.. $14,431,198 $17,1*),13D $19,414,5Operat'g exp es. 10,,w;,5iW 11,152,:1?1 13,746,WSNotearidngs.... 3,90a,B9? 5,993,759 5,867.910Stock 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 halfof 187*5, on which the dividend was aeclircd, showcUenrplns over interest of Jl.oa'i.OOU. (Sue V. S3, p. 31)(V. 19 p. 345; V.ao, p. Itl. 85, 140, 461 ; V. 21, p. 9,

»J,418; V. -J'., p. .3), 351.1

L<ike Superior & ifi^itH^sippt.—VormcT\y leased toNorthern Pacific. Land grant. 1.6 '2,000 acres. Fore-closure pkm V. 2J. p. 111. (V. 20. p. 86, 140, 3*1; V.SI, p. 372, 570; V. 22, p. 213, 045; V. 23, p. 33.)

£a«>r«n«.—l,enscd to Pittsburg, Fort Wayne &Chicago at 40 per cent on gross earnings. Leasetransferred to Pennsylvania Company. Net earn-ings, 1875, »84,n7. Sinking fund has $10,000 bonds.0^20. p. 42.'i.)

Lea' emmrtli, Lawrence dt fta/»*»ton.—Defaultedon 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

from all sources, in 1874-5, was $7,318,067; net$4,055,20^. After interest and dividends, therewas a deficit in 1874-5 of $93,053, taken fromreserve fund. The company's report gives nodetails of the construction account, nor of thecost 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.

A comparative statement for three years is asfoHows: 1872-:l. 1673-1. 1874-.-.

•Coal (tons) moved 4,150,fi(X) .3,277,.'.27

Gross earnings $6,710,565 $rt,759,,'i91 $H,0I6,495Operating expenses.. J,8S1,H«0 3.471,418 3,'262,8i)l

Net earnmgs t2.82o,7li,'. $3,387,973 S2,7N3,ii.33

Capital stock -'. 'W.Si^.+tli •.i4..')0).447 27.i 92,297Funded debt 10,K7S,O0O 16,8J9,O0O 22, 129,000Floatin;; debt 1,831,613

Anthracite.(V. 20, p. 3 1 1 , 593; V. 22. p. 156; V. 93, p. 1F3.-)

Little Miami.—This company leases the Columbus& Xenia, and both are leased to Pittsburg, Cincin-nati A St. Louis, tnnranteed by Penu. KK., lesseesassuming interest payment on bu'ids and 8 per centon stock. Net earnings, 1675, (L. M. A O. A X )

$831,0«9. fV. 20. p. 427.1LitOe Eockit Fort Smi/A.—Foreclosed Dec. 10, 1874.

Ke-organized and stock issued for old bonds. Thenew mortgage is for construction to Fort Smith.(V. 19, p. 58.3, 617, 6.39; V. 20, n. 82; V. 21, p. 4 8.)

lAtUe Rock, Pine Bluff <fr Kew Orleans.—So}i inforeclosure Dec. 10, 1^75, for $35,000. V. 21, p.m.\ 61.3.

LUtle ScTtuylkiU.—hcaf^cd and operated by Phila-delphia & Reading. Dividends, 7 per c nt.

Logansport, Cra/c/ordsvUte <fr S. W. of Ind.—De-cree of sale made. The total liabilities. September1875. reported at $4,097,000, of which *,32.',000 werereceiver'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 wasm-ide to Mr. Poppenhuseri, and this roid has sinceleased the Flushiog No.Shore A Central, and the So.

of L. I , and all .:re operated together. (V. 2), p .

135. !38, .375 417; V. 23, p. 112.)

Lotji-TiUe, Cin. <ft £«c.—There are also $60,0'M)oldbonds an 1 $371,000 8 per ct. raortg. bonds of 1872due Vjm, and $I,.532,6O0 7 per ct. mortg. bonds of1>73 due 190-*. The co;n])any defaulted on interest1873-4. 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 yearending .lune 30 1875. in V. 21, p. 3C9. Gross earn-ings 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,-132 in lfc74-5. Nashville & Decatur is leased, andliabilities for the South & North Alabama areassumed. (V. 20, p. 16; V. 21, p. .157; V. S3, p.279.)

Louisville, Paducah Jk S. IT.—Formerly EHia-bethtown & Paducah, to which Louisville cityloaned $3,000,(00. In September. 1874, interestwas passed. Sale in foreclosure took ntace Au{r>24. 1876. (X. 20. n 357, 405; V. 21, p. 823, 39S, 40);V. 22, p 487; V 2.3, p. 208, 232.)

Lykens Fafey.—Leased 10 Summit Branch Rail-road at $62,500 per annum.Macon <JE .4 «i7Wi(a.—Leased and operated by the

Georgia Railroad, which guarantees all the bondsexcept $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. TheGeorgia Legislature declared fraudulent $HOO,006 ofthe 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

A Superior. No bonds could be negotiated afterthe "Potter taw." (V. «1 p. 16.)

Page 20: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XXll RAILROAD STOCKS AND BONDS, [Stspt^mbe; 30, 1876.

Subscribers ivlll confer a sreat Avor by eivlax Immediate notice of auy error discovered In these Tables.

DESCRIPTION.

For explanation of ooluran bcadinK9> &o,, see notesat the head of llrst page of tables.

Vaine 0«n(ra/—StockMaliio Ccutral iuterost scrip1st mortKitj^c. coiisolidatea. «.

Bouds ($1,100,000 loan) A. &. K. RRExtension bonds, 1870, soldMaine Centralloan for $1,100,000IiOods<S^ Faruilngton Railroad loanAudroscoffgin Railroad, Bath City loanPortland cc Kennebec, stock

do do Ist niort., extendeddo do consolidated mortgage

P* Belfast & Moosehead, 1st mortgageManchester cC Lawrence—StockXansfleUl, CoUlwater A L. If.—1 at mortgageMansfield <£ I-Yam ingham—Ist mortgageMarietta, rUljib. A Vtetelaiul—Ut M., $14,000 p.m.Marietta tfi Cineinnati—Stock, commonStock, 1st preferreddo 2d do

1st mortgage, dollar1st mortgage, sterling2d mortgage3d mortgage4th mortgage for $4,000,000Scioto & Hocking Valley RB., 1st mortgageBait. Short Line, stock, 8 p. c. guar by M. & C.

.

do do 1st mort., guar, by M. &CCincinnati & Baltimore RR., stock

do do 1st mortgageMarquette, H. it 0—1st mort., I'd gr., M. & O., coup.

iBt mort., I'd gr., H. & O., coup2d mort., land grant, M., H. & 0., coup3d mort., do do do

Maryland d! Delaware—X&t mortgage2d mortgage

Memphis d- C'Aarte«(on—stockTennesse loaniBt mortgage, convertible2d mortgageConsolidated mortgageIncome bonds

Memphis <e Little Jiock~lat mort., 1. gr2d mortgage

Michigan Central—stock1st mortgage, convertible, sinking fund1st mortgage, convertibleConsolidated mortgage (for $10,000,000)Michigan Central (Air Line mortgage)Michigan Air Line 1st mort., assumed by M. C. .

.

Equipment bond.s.Kalamazoo & South Haven, Ist mort., guar .

do do 2d mort,, guarGrand River Valley, 1st mort., guar

do do 2d mort., guardo do stock, guar

Detroit & Bay City 1st mortgage, endorseddo do mortgage (not guar M.C.)..

Jackson, Lansing & Saginaw 1st mort 1 SSi;do 2d mort., conv. I p,k, "it

do 1st mort. (N. of Win.), conv.( g sw

do Cons. m. on whole line (300m.) J° g S

Michigan Lake Shore—let mortgageMidland Pacific—1 st mortgage, goldMilwaukee <£- Northern—lui mortgageMilwaukee, Lake Slu>re i£ ITestecn—1st m., goldMine Hill <£ Schuylkill Haven—stockMineral Point ( Wis.)—Ist mortgageMississippi, Ouachita <£ Red liiver—Ist m., goldMississippi dk Tennessee—1st mortgageConsolidated bouds »•Tennessee State loan

Missouri, Kansas (G Texas—atociiPreferred stock (for $7,000,000) i

1st m., gold, sink, fmid, 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 mortgagedo do 2d mortgage

Missouri R., Fort Scott <t flity—Ist m. 1. gr. s. f

2d mortgage, coupoa, may be registered

Milesof

Road.

357,33

357

19

"38

"72

33269022

100276

18721860-11870186818711861

186318651870

187118691870

305I3

"5044941095454

291

291

ib'i

56928428428410310

"39399494

116116

2365757

1261251403235100

786

1821007867070

161161

Dateof

Bouds

Size, orPar

Value.

AmountOutstanding

1869

1872187118721873

187318731860

18721869

18741870187018661869

1872187218651868187018711869186918701872

1868187018561866

186818701871-31870

18691870

$100

lO'o'&c.

100100100

500 &0100

1,000505050

1001,000

1,0001,0001,0001,000

1,0001,0001,0001,0001,0001,0001,0001,0001,0001,000100

1,0001,0001,0001,000

1.600.50 &c1,000

501,0001,000

100

1,6001,0001,0001,000

1,660500 &c.

Rate perCent.

$3,620,120496,892

1,680,.5001,100,000496,500750,800633,000425,000741,400217,300

1,166,700150,000

1,000,0001,600,000300,000

1,500,0001,408,9128,130,7194,460,3682,450,0001,050,0002,500,0003,000,0002,004,000300,000

1,125,000750,000

1,200,000500,000

1,910,0002,000,000840,000706,000850,000150,000

5,312,7251,671,9131,293,0001,000,000605,000401,000

1,300,0001,000,000

18,738,2042,179,000556,000

8,000,0001,900,000200,000600,000640,00070,000

1,000,000500,000491,200424,000

1,906,0001,315,000154.000783,000

2,001,000880,000

1,100,0002,134,0003,000,0003,969,600320,000500,000600,000

l,254,i500409,444

21,403,000

INTEREST OR DIVIDENDS.When

Payable

676

766366

%'777g.

"s's.3 B.

77g.78

2,856,000349,000

14,758,000708,000250,000

5,000,0001,947,000

6777108

"is.8878888888

I'

u-107g.786

6g.7g.

l^-7 g.7

1010

Where Payable, and byWhom.

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

& J.& J.& J.

& O.A. & O.M. & N.M. & N.A. & O.J. & J.F. & A.

M.'&'S.M. & 8.F. & A.F. & A.M. & N.J. & J.

Portland.Bost., Nat. B'k Com'rce.Best., N. Bk. Coimncrce

do dodo doPortland.

Bost., Nat. B'k Com'rce.Portland, Me.

doBost., Nat. B'k Com'rce.Belfast and Boston.

Manchester and Boston

Boston, Bost. Nat.Bank.N. Y., Wlnslow, L. & Co.

7 M A N.4 .1. * .7

7 .T. *. I)

4 M fi N7 .1. & .)

8 •r. A I>

8 .1. A .1

8 F. A A10 M A H6 M A N6 J. A D

JSonrfg—Princi-pal, when due,5toc7.«—LastDividend.

Bait., R. Garret A Sons.London.

Bait., R. Garret & Sons,do dodo dodo dodo doMeroh. Nat. Bankdo dodo do

N. Y., Company's office,do dodo dodo do

Bost., Bk. of Commerce,do do

Bait.,

J. A .J. N.Y., 3d National BankM. A NJ. A JJ. A JM. A 8.

M. A iJ.

N.Y., K.T.Wilson A Codo dodo dodo do

N. Y., Swenson, P. A Co.

A J.A O.A O.A N.A J.A N.A O.A N.A N.A J.& 8.

A J.& N.A N.A J-A S.

A N.A 8.

A J.A A,A D,A D.A JA J.& J.A O.A J.

New York and Boston.Boston OlBce.

doN. Y^., Farm. L. A T. Co.

J. A J..T. A D,VariousM. A NM. A N.J. A J.A. A O

dododododododododo

dododododododododo

New York and Boston.N. Y., Farm. L. & T. Co.

do dodo dodo do

N.Y.,Winslow, L. ACo.N. Y.. Turner Bros.

N.Y.,Merch. Exc. N.Bk.N. Y., S. S. Sands A Co,Philadelphia, P.A R. Co,Detroit, 1st Nat. Bank,

Memphis, Office,do

New Y'ork, Inquire> Company'e Office, <

7 Nassau street.

N. Y., Farm. L. A T. Co,Boston, Co.'s office.

April 1, 19121890 to 1891Oct., 1900JiUy, 1898July, 1901July, 1891

July 15, 1875April 1, 1883Oct. 1, 1895May 15, 1890-May 1, 1876Oct., 1911

July 1, 1889Aug. 1, 1895

Sept.Vi866Sept., 1866

Aug. 1, 1891Aug. 1, 1891May 1, 1896July 1, 1890

May 1,July,

Dec. 1,

May,Jan. 1,June 1,Julyl,Aug. 1,Sept. 1,Nov. 1,Dec. 1,

18961876190418761900189218911892190318851889

May 1, 1880Jan. 1, 1885Jan. 1, 19131873 to '78

May 1, 1890

Jan.Vi873Oct. 1, 1882Oct. 1, 1882May 1,1902Jan. 1,1890

1890April 1, 1883Nov. 1, 1890Nov. 1, 1890July 1, 1886July 1, 1879JiUy, 1876

May 1,1902-31902

July 1, 1885March 1, 1878May 1, 1890Sept. 1, 1891

1889Aug., 1899Deo., 1901June 1, 1903Jan., 1876Jan. 1,1390

1890April 1, 1876

Sept.l,'81to'93

Jan., 1899June, 19031904-1906May. 1890

Jan. i",'i899April 15, 1890

Maine Centr«l.—Thii Maine Central leases several"roads. The report of the year's operations,ending December 31, 1875, had the following:*' The total earnings for the year 1875 have been$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, andVavca small balance. In 1874 the total receiptswere $2,094,080 55. and operating expenses $1.^81,-631 25. Net, f812,399 30. Showing a diminutionthis 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 m our gross receipts the pastyear, )t77,J22 56 was occasioned by the modificationof former contracts, for the purpose of producinguniform and harmonious action between the Easternand Boston & Maine roads, which will result, as wetrust, to the benefit and in the general convenienceof our patrons who have occasion to io businessover the railroads west of Portland. The balanceof the diminution in our gross receipts, $230,631 62,must be attributed to the general depression of thebusiness of the country, and 'reduction of tariff byspecial rates.'" (Vol. 20, p. 313, 356; V. S2,p.

Manchester <ft iaeorsnce.—Formerly operated withhe Concord Railroad as one line. Net earnings1875-6, $100,686. (V. 22, p. 588.)

MamJUld, Coldwater <fi L. K.—Leased by Penn.Company for net earnings. In hands of mortgagetrustees. (V. 30, p. 426; V. 2J, p. 42.)

Marwlt'ld db Framingham.—I.,eased to BostonClinton & Fit'hbcig, at 25 per cent of gross earn-ings. Consolidation made June, 1875. (V. 20, p. 61S.)

Marietta, PUtsburjh <6 Cleveland.—fiat earningslal^r4were $10,717. Defaulted and in receiver'shands .\ ugust, 1875.

Marietta A Cincinnati.—Gross earnings for theyear 1875 were $1,662,016; expenses, $1,290,590; nfit

earnings, $371,4S1, against $523,150 net earnings in1874. This road forms a part of the through route,and is operated in close connection with the Balti-more & Ohio Railroad, which has made large ad-vances for recent construction on the "Short Line."Annual report V. 22, p. 208.

Uar(iueUe, Houghton <& Ontonagon.—This is a con-solidation of Marquette & Ontonaeon and Hough-ton & Ontonagon. Lands amount to 425,000 acres,chiefly timber and m'neral. Stock, $2,306,600.

Maryland <& Delaware.—This line was leased bythe New Jersey Southern, to fdm part of thethrough route. Latelv. decree of foreclosure wasmade. (V. 30, p. 242; V. 22, p. 567, 615.)

Memphis <& Charlei-ton—'Thia road was leased tothe Southern Railway Security Co.. but in 1874 thelease was cancelled and Mr. R. T. Wilson, Presidentof the East Tennessee, Virginia & Georgia road, waselected 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.

Memphis <fc Little RoTh.-Hecree of foreclosuremade. (V. 20, p. 336, 615; V. 21, p. 16; V. 22, p.471.)

. Michifim (7«re);)-a^.—The anrnal report to May 31,1876, showed gross earnings on main line andbranches of $H,850,96l, and net earnings. $3,043,06 1,or $l;i.8U more than previous year. Net floa'in"debt. May 3!, 1876. g;oo,000 The Jack.. Lan. & S.debt is a.ssumed by Michigan Central, which alsopays $70,000 per year on the stock, oiie-thu-d ofwh'ch it owns. Interest was passed on theDetroit & Bay City bonds, not guaranteed, Nov.,187.5. (V. 19, p. 143; V. 20, p. 101; V. 21, p. 15, 109;V. 22, p. 41; V. 28, p 16, 133.)

Michigan Lake .SAor*.—Defaulted 1878. and inreceiver's hands. (V. 18, p. 218, 601; V. 21, p.

Midland Pacify;.—This was one of the roads repre-sented by Messrs. Turner Bros, in New York, ofwhich Benj. E. Smith was president. Default in in-terest was made in February and August, 1875.

Mi'wavkee <t A'(uVA«ra.—This road defaulted oninterest December, 1874. Circular to bondholders, V20, p. 615. It is leased to Wisconsin Central, andthere is said to be prospect of resumption. (V.33, p. 331.)

Milwaukee, Lake Shoiv & Westei-n.—SoM in fore-closure for $2,.509,788, Dec. 10, 1875. Interest paid onfirst mortgage June, 1876. (V. 21, p. 277, 591.)

Mine Hill dt Schuylkill ffatim.—Leased to Phila-delphia & Reading, May 1864, for 999 years; 8 percent dividends on stock.

Mineral Point.—Total receipts 1873, $128,121; ex-penses and interest, $130,6i4 ; cost of road, fie,$1,200,000.

Mississippi, Ouachita tt Red River.—Land grant257.000 acres. Sold in foreclo?nre, Dec. 16, 1875,for $25,000. (V. 2;), p. 405; V. 21, p. 535, 613.)

Mississippi & Tennessee.—Stock, $820,400. Netearnings 1874-5, $211,.333. V. 22, p. 181.

Missouri, Kansas <fe Texas.—The latest plan ofsettlement with bondholders was given in theChkonicle. 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, Foi't Scott <Sc Ou(f.~Tbe stock is

f5,9.50,000. Interest pa-sed Oct , 1873, on 2d. andan., '74, on 1st m'tgs. Net income of 187.5. $243,616.

(V. 20, p. 403 ;V. 21, p. 15; V. 23, p. 470, 485.)

Page 21: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

S pt mber 30, 1876.] BAILEOAD STOCKS AND BOi^DS. zxin

Snbaerlbera fvlll eonfer a sreat ftfror bjr cl^lnir Immedlata notice of anjr error dIaeOTered In these Table*.

DESCRrPTION.

For osplanatlon of column bcndinRS, tic, feo uotosat the lioad of tliiit page uf tablits.

Jlobite <t Oirard—lat mortgaco2(i mort«a!;o, cudoraed by Georgia KailroadPlain bondH.. .'

,

Mobile (£ Mfnittfomeru—Htock ,

Mobile <i <thin—»UKk ,

Couvcrtiblc 8 per cout bondsIst nu>it>,'nj,'i!, storlingInterest bondsInterest bonds, stcrllnsTennessee subs., 1st inortpage, sterlln^rSpecial mortgage (Mississippi, Gainesville & Tex.)ad mortgageConsolidated mortgage, gold (for $15,000,000)...

Montclair of New Jersey—let m., gold, guar2d mortgageIncome iionds

Monttjomcry ti Kufauta—1 mort., end. by Alabama.Ist mortgage, not endorsed

Monticello •£ I'ort Jervis—lat mortgageMorris d: Essex—stock

Ist mortgage, sinking fund2d mortgageConvertible bendsConstruction bondsGen. m. <te 1st on Boonton Br. &c. (guar. D.L.&W.)Consol. mort. (tor $25,000,000) guar. D. L. & W.

.

Special real estate mortgageNashvute, Chattanooya tt SI. Jjouis—stockBonds to U. 8. government, 2d mortBond.s cudorsed bv TennNew 1st mort. ($20,000 per mile)

Hasluille d: Ueealur—1st iaovt. guar. byL.&N2d mortgage

Nashua it Lowell—Stook.Bonds for frciglit depot

Ifaugatuek—SlockNewark, Somerset <t Strailsv., O.—Ist mortgageNewcastle <t Braver Valley—9toii)iNew Haven <f />cr/>v— 1st mortgageA^eio Haven iC Xorllttimp. (canal KR.)—Stock...Mortgage bon<ls, (N)ui)onBonds convertil>ie. ta.-c free, couiJonHolyoke & WestHeld ER

A'. .1. Midland— l»t mort., g'ld, guar, byN.Y.& O.2d mortgage, currency _ _

.

New Jersey J- New York— 1st mort. (for $1,500,660)N, J, Southern—1st mortgage

Ist mortgage (Toms' Kiver br.)2d mortgage bondsConsolidated mortgage, for $7,000,000

New Jersdf West Line—Ist mortgage, goldNew London Northern—Stock

Ist mortgage bonds2d mortgage

N. O., Mob. d- rejc.—lat mortgage (Mob. to N. O.)New Orleans, St. Louis d C/i Jc.—Consolld. stock

Milesof

Road.

8585

180510

21

808023

1378484

34137

345

Dateof

Bonds.

'5n-'0018091807

New consolidated mortgage (for $25,000,000). .

.

Consolidated 1st mort., gold (N. O., J. & G. N.) . .

.

Ist mortgage, do do2d mortgage, do do ...Consolidated mortgage (Mississippi Central)Ist mortgage, do2d mortgage, doTennessee State Loan doIncome and equipment mortgage2d mortgage scrip

N. Y., Boston d- Montreal—lat mortgage, goldN. Y. d Canada—iHt M., sterling, guar. D.&H. Can.New York Ventral it Hudson liivei—StockPremium bonds (N. Y. Central)Bonds, B. & N. F. stockholders doBonds railroad stock doBonds real estate doRenewal bonds2d mortgage, sinking fund (Hudson River) !

Knw morto-nsref $30,000,000 ) coupon or regis-new mortgage^£2,000,000 i terod.

13213214

"57421513

10070

"id

8080377871a

327

i'0'6

100100140566

200206206237237237

350

842

840840

18731853

18711871

1874

186718701870

is&t1866vari'us187118711875

1871

187318701867

1873

18(59

68&70

4809

18701870187118731809

187118731870

186518721871

1873185618601873

Size, orPar

Val ue.

18691874

185318.541853

1854

18731873

$5001,(K)0500100100

1,000J2225

100 &c£l00&c1,000

100 &c.1,000

100 &o

1,0001,0001,000

.50

250500 Ac1,0001,0001,0001,000

1,000500100

iiio500 &c.

50500 &c.

1001,0001,0001,000

100 Ac100 Ac,1,0001.000

100 &c.

AmountOutstaudlDK

1,000

"ido100 &(•

500 &c1,000

1,0001,0001,0001,000

1,000flOO&o

100500 &c.100 &c.1,0001,0001,000

1,6001,000

$105,000300,00033,500

3,022,5175,320,600077,550

5,080,0001,.524 ,300709,920

1,008,00053,000

1,453,858(?)

1,800,000780,000888,000

1,040,000330,000500,000

15,000,(M)05,000,0003,000,000284,000573,000

4,991,0003,239,0001,025,0006,.575,2951,000,0001,100,0004,700,0002,100,000500,000800,000200,000

1,918,400800,000((05,000525,000

2,400,0001,000,000<.»00,000200,000

3,000,0001,.500,000916,000

2,120,000120,000

1,000,0005,300,0003,000,0001,.500,000300,000J09,500

4,000,00012,158,650

3,559.0002,941,0001,500,0003,723,500997,000

1,997,0001,279,0005,000,000395,115

0.250,0004,000,(M)0

89,428,3000,6.33,626

74,500592,000162,000

2,391,0001,794,000

10.405.0009,733,333

INTEREST OR DIVIDENDS.

Rate per When Where Payable, and byCent. Payable Whom.

8Og.86 g.

I'-8

l^-?«•

78g.87g.3I3

77777771>34

77

7g.2I3

737

"?«•

?«•

77

I''

7or 7 g.

I'-8

?«•

87

J. & J.J. & J,

J. & J.

Q-M.M.iiVM. A N,M. i N,J. & JM. & N.March

J. & J.

U.& 8.

M. <Sc 8.

J. & D.Q-J.

J. & J.M.& N.F. & A.J. & J.F. & A.A. <Si O.J. &. D,

A.&0.

J. & J.J. <fe J.J. <fe JA. <fe O.M. & N.

F. AA.M. & N.Q.—J.

Various

J. &'j.A. & O.

Savannah.N.Y., Nat. (;ity Bank.Savannah, C. RR. Ban)<,

7g.

6

6

776«-

New York.New York and London

Mobile.London.

New York and London,Mobile.

doNew York or London,N. Y., G. Opdyke A Co,

do dodo do

N. Y., G. Opdyke A Co.do do

N. Y., Union Truat Co.N. Y.j Del., Lack A W.

do dodo dodo dodo dodo dodo do

itutiAts—Priuoi-pal. When Due.Stnekt—LuHDividend.

1876Jan., 1889Jan., 18»7

Deo. 1, 1883Nov. 1,18831876 and '83

18831901

1877-1882Jan. 1, 1904

Now York A Naahvllle,N. Y., V. K. Stevenson,

N. Y., V. K. Stevenson,N. Y., Drexel, M. A Co,Nashville, Co.'g Office.Boston & Nashua.

Brldgeiwrt. Conn.N. Y., Union Trnst Co.

Newcastle, Penn.N. Haven, E.8. Scranton

New Haven.dodo

F. A A.F. A A.M. A 8.

M. & N.A. A O.M. A 8.A. A O.M. A N.Q.—J. Now Ivondon, Ofllce,

A. & O. N. Y.,B'k of N. AmericaJ. A D. do doJ. A J. New York, Co.'g Offloe,

N. Y., Co.'s Offloe.do do

New York and London.N. Y., Co.'s Office,

dododo

dododo

March 1, 1886June 1, 1900

1890July2, 187«

1914189119001889

Oct., 1901June 1, 1915

Apr. I,i8761881 and '91

July 1, 1913July 1,1900Oct., 1887

Nov. 2, 18741893

July 10, 1876Nov. 1, 1889July, 18761898 to 1900Oct., 1874Jan., 1899

Apr. '80 to '82189118951881

March 1, 1893Nov. 1, 1889

J. A J.J. & J.A. A OM. A N.M. & N,F. & A.J. A J

F. A AM. A N,Q.-J.

M. A NM. A N,M. A N.M. A N.J. & D.J. A D.J. A J.

J. A J.

N. Y., 80. RR. Ass'n.N. Y., J. B. Alexander.

do doN. Y., So, RR. Ass'n.N. Y., J. L. King.do dodo do

New York Co.'s Office.London, Baring Bros.

N.Y., Gr. Central Depot.N. Y. Union Trust Co.

do dodo dodo dodo do

S.Y., Grand Cen. Depot.N. Y., Union Trust Co.

London.

1881April 1, 1903May 1, 190OJuly 1, 1876Sept., 1885July, 1892

Jan. 1, 1915

Jan. 1, 1912July 1, 1886Oct. 1, 1890May 1,1912

Nov. '74, '79 '84188018801884

Aug. 1, 1874May 1,1889May 1, 1904Oct. 10, 187«May 1, 1883May 1,1883May 1,1883May 1,1883Dec. 15, 1887June. 1885

Jan. 1, 1903Jan. 1, 1903

Mobile tfc Girard.—The Central Railroad of Geor-gia endorses *J12,5I10 of the first and all the secondmortgage bonds. Net earnings 1874-5, $2-2,6Si.

Mobile <ft MorUoomeru.~So\i in foreclosnre. No-vember, 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, 437,513, 680, 688; V. 23, p. 112, I8I.1

Montelair.- The 2d mortgage was foreclosed De-cember, 1674, and road sold asrain Sept. 25, 1875.(V. 20, p. 16, 290,83.3, 488, 501, 571; V. 21, p. 188,278, 323, 395.)

MontQOmenj <ft i?u/ai//ff.—Interest has been in de-fault since January, 1873. It is one of the State aidroads. (V. 21, p. 439; V. M, p. 183.)

MonliceUo * Port .AerclJ.—Defaulted in 1873. SoldJuly 7, 1875. (V. 19, p. .39, 143, 50.j; V. 80, p. 85",383; V. ai, p. :J9, 5ii2.)

Morris d& Essex.—Leased In perpetuity to theDelawar,;, Lackawanna & Western. I'he lesseesaasum - all liabilities and pay 7 per cent on stock,and 8 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 earn-ings of 1875-6, $1,751,591; expenses and Taxes,$1,023,423; net earnings. »7«8.178 The debt to U.S. and bonds endor-ed by Tenn. are secured bydeposit 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-

iaville & Nashville Company for thirty years.

Nashua eft £«we^.—Net earnings in 1874-5, *56.464.(V. 21, p. 5!».)

'^'

Naugatuck.— Net eaniinga 1874 5, t222..S27. (VSI, p. ••11.)Newark, Stmersel <S StraileitilU.—lxtigcdi to San-

dusky MnnsflcH & Newark. Guaranteed by Balti-jsore & Ohio.

New CaslU eft Beaver V.Uey.—l^eSiaed to Pitts-burgh, Fort Wayne & Chicago, and lease transferredto Penn. Company. Net earnings, 1875, $219,534.(V. 20, p. 425.)New Haven eft Derby—'Set earnings 187.3-f, $24,8.32.

New Haven city guarantees f225,000 of tile bonds.

New Haven & Norl/tampton.-Groi^s earnings,1874-5, $595,184; operating expenses, $399,250; netearnings, $195,913. (V. 21, p. 690.)New Jersey eft New For*.—This was a consolida-

tion of the Hackunsack & N. Yorlc and HackensackExtension. The old bonds are about $:iOO,000, 7 p.c. due Mav, 1890. Receiver appointed Aug., 1876.(V. as, p. 256.)

New jers y Mi'Unnd.-DetiuMQd after the panic of1873 and funded cf)ni>ons. The company, havingexhausted its capital and credit in construction,leased to the New York Midland for 7 per cent onits cost ; it had at the time a floating debt of about$400,000. After tlie panic of 1873 the road cameback without sntlicient rolling stock and withoutmeans to pay interest. The l)ondholder3 fundedcoupons, but default Ewas again made. Severalplans of re-orgaiiizatiou are proposed. (V. 21. p. 39,

64. 88, j30, 318, 395, 44 J, 466, 409; V. 22, p. 87, 135,5S2. 814.)

Ntw Jersey Southern.—This was a consolidation ofseveral roads. Not earnings. 1875, < 109.276. Interestin default eince October, 1873. Litigation in prog-ress. Plan of re-organization, V. 21, p. 46". (V. 20,

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. In-come of Co.. in 1S74-5, $151,975; diabursemcnts,$143,973. (V. 21, p. 59i>

)

New Orleans, Mobile it Texas.—Tito Western Di-vision of this road was sold Nov. 18. 1874. Interest\n default since 1872. The trustees' cirou'ar for re-organization of Western Division is given in V. 31,

p. 231. (V. 21, p. 231, 535; V. 22, p. 2«, 3.5-!, f,i»\

New Orleans, St.Louitdb CMcac/o.—OTOta etaann

year ending June 30. 1875, $3,181,820; net, «1,36.3.94S.See annual report, V. 22, p. 156. Opernted as a con-nectinz 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, werenot all paid, and Nov. 1, 1875, and Jan., 1876, therewas some delay in payment of interest. Floatingdebt June ;iO, 1675, $1,929,0S7. Receiver appointedMarch. 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 consoli-dation 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 guaranteedby the Delaware & Hudson Canal Co. Road openedthrough Oct.. 1875. (V. SI. p. 207.)New York ('entrnl <ft Hudson Rlver.~T\M con-

solidation of New York .Central and Hudson Riverwas made Nov. 1. 1889. In 1368 the stock of theseparate comi)anies was $42,712,700. The scrip divi-dend on New York Central of 80 per cent was madsin Dec. 1868. On ccnsolidation, another 27 per centwas distributed on Central stock and ^5 per cent oaHudson. The mortgage loan for $40,'X)0,000 was toretire prior debt, and the balance for laying thirdand fourth track and other improvements. Thfrstatement 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. TheHarlem Kailroad was leased April, 1873. The follow-ing is a comparison of operations, &c., for five

years:Cost of road

Gross Net Funded andReceipts. Receipts. Debt. equipm't.

1874-5. $2 ,027,218 $11,765,111 $40,00.3.667 $96,:«5.774187.3-4. Sl,69l),:«6 13,262,089 S^.48),74I 92,506,5081872 3. 29,128,851 11,484,863 27,Ti5..5.33 78.014.9641871-2. 25,580,675 9,134.239 16,496,020 68,299,«M1870-1. 21.972.105 8.5«0.»1« {' «v -'n

60,413,951(V. SO, p. 4«, 868, 5«; V. ?», p. 41, Ml.)

Page 22: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

aodf BAILROAD STOCKS AND BONDS. [Sept mb3r cO, 1876.

Subscriber* will eonfar a great Avor by glTlax Immediate notice of any error dlneovered la these Tables.

DE8CEIPTION.

For explauatlou of culiimu headlugH, &c., see notesat tlio head of UiHt pagu of tables.

Milesof

Koad.

Dateof

Bonds.

/r«w Tork <e Ilarlem—Common stockPreferred stockCousol. uioit., coup, or rog. (for $12,000,000)Binkiiig fiuid

V. Y. llou^atonic t£ Northern—Ist mort>fageIf. 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—StockIlarlem & PortchcHtcr, 1st mortj^age j^uvrauteed.

V. Y. <£• Oswei/o MUilaml—lat mortgage, gold2<l mortgage, convertible2d mortgage, uon-convcrtlble3d mortgage, cniiipiuentIst mortgage. Western extensionConsolidated mortgage

Jf. Y.,rrov. •!: /io»(o»—(Stonington)—Stock -.

Ist mortgageExteueiouGeneral mortgage ($1,000,000 authorized)

^orth Carolina—Stock, common ,

Prefenod stockMoi'tjfago bonds

Jforthfoslcrn (S. C'.)—Stock, commonPref. stock (8 per cent) excliangoable for 2dmort.1st mortgage, newZd mortgage, now

JSorth rennsylvania—StockIst mortgageCliattol mortgage2d mortgageGeneral mortgage bonds

Jforthern Ccn/rd/—Stock1st mortgage. State (Maiyland) loan2d mortgage, sinking fund, coupon3d mortgage, sinking fund, coupon3d mortgage, Y. <fc C. RE. (guaranteed by Bait.) .

.

Consolidated mortgage, gold, coupondo do do registered

Income convertible bonds, couponIncome 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. //.—StockJforthern of Xew ./cj'sci/—Stock

Ist mortgage,

Jforlhern Pucifle—'Savi i)rcferred stockJforurich dt TTonwi^fr—Stock

Ist mortgage. State loan, sinking fund2d mortgage

OjiieitsbHrii it Lake Ohamplain—Stock.Preferred stockEipiiinuent bondsSinking fund l>onds

O.Vto t& M Iftsissi/ipi—Stock, commouPreferred stock (7 p. o. yearly, cumulative)Income and funded' debt l)oudH1st con.idlidatod mort. ($3,517,000 are s. f.)

Consolidated mortgage, sterling2d consolidat<:d riin king fund mortgageDebenture 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.)New mortgage, (l"itts. T. & B.)Funding income bonds (P. T. & B.)

Okl Cotoiij/—StockBondsBonds .'

BondsBondsBonds

Omaha iP Northwestern—Land grant gold bonds...Orange rf: Newark—1st mortgageOregon cC California—Ist mortgageOswego <t Home—lui mortgage guaranteedIncome mortgage bonds

Osvxgo <t Syracuse—Stock, 9 per cent guarMort.gaire bonds

132

i32

"60

150

' "86

141I214334225225

6262

622232232231021021021025856

"56

31313813813826

138138138

i"38

"8212

2121

550

6666

122122

393393118393393393

2"2"8

503825

V'lo217

409

20028^' "3.5

35

1872186118721872

1864

1873186918701871

i87"3

1863'58-'60

1869

67-'68

18691869

185518051853186818681870187274-'75

1875

68.'691870

186218681868187118731874186518(i2187018761876

186718711874187518761871

18651866

58&64

Size, orPar

Value.OiitBtaudlus Rat* ^^ „"^'""',uutstanuraj, ^^^^^ Payable

$.5050

1,000500 &c.500 &c,1,000

100

106 "&c.

1001,0001,0001,0001001005005050

50050050

500 &c.1.000

500 &e

"so

500' &c500 &c500 Ac1,0001,0001,0001,0001,000

'i"clo

100100

100100

1,0001,000100100

1,0001,000£2001,0001,0001,0001,0001,000

500 &.C.

100 &c100 &c

1001,000

500 &c1,000

1,000

1,0001,000

50500 kf

INTEREST OR DIVIDENDS.Amount

$7,500,0001,550,000

10,500,000108,444

1,500,0002,500,000

20,000,000273,000

15,500,0002,000,0008,000,0002,.500,0001,500,0003,800,0002,425,0001,200,0003,000,000

76,000250,000837,000

3,000,0001,000,000380,000899,35096,000

820,000231,500

3,978,1501.930,500360,000

1,500,0002,035,0005,842,0001,500,000•1,400,0001,126,000202,602

2,599,000205,000

1,000.000(')

2,064,0002,200,0003,068,4001,000,000400,000

28,000,0002,604,400400,000245,000

3,077,0002,000,000500,000468,000

20,000,0004,030,000174,000

6,656,850112,000

3,905,000140,000

1,915,0001,500,000580,000500,000

1,155,000300,000

6,733,8001,450,000265,,500

1,692,000500,000

1,000,00016,000 p. m

546,00010,950,000

350,000200,000

1,320,400124,000

44777k.7g

"7"

57?«•

777721a667338

" 48836

1077366666 g.6g.77

t'-2I2

3%7

672488

"y^a776 g.7767777737

66

7.30 g.67g.774I0

7

I

iJonrfs—Principal. When Due.

Where Payable, and by Stocks—taatwhom. Dividend.

J. & J.

J. & J.M. & N.J. & J.A. & O.J. & J.

M."&"S.J. & J.

J."&"j.

M. & NM. & N

Q.-J.F. & AM. & N.J. & .T.

M. & S.M. * 8,

M. & N.

M."&N.M.& S.

M. & S.

F. & A.J. & J.A. & O.M. & N.J. & JM. & N.Q.—J.

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

J.'&""j.

N.Y., Gr. Central Depot.do dodo dodo do

N.Y.,St.Nich.Nat.B'k.New York.

Boston.N.Y., Grand Cen. Depot,

N.Y.,G.Opdyke&Co.do dodo do

N. Y., M. Morgan's Sons,do dodo dodo do

Company Shops, N. C.do dodo do

& J.& J.& J.& J.& O.& J.& S.

& 8.

& O.& J.& J.& O.& N.Ist& A.& O.& J.<fe A.& A,& J,

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

Charleston.do

Philadelphia Office,do dodo dodo dodo do

Baltimore & Phlladel.Annapolis.

Baltimore, 1st Nat. Bk,dodododododo

I^ondon & Baltimore.Baltimore, 1st Nat. Bk

Boston, Office.

July 1, 1876July 1, 1876May, 1900

Jan. 1, 1881Oct., 1902

July 1. 1902

1884July 1, 1876

1003July 1, 1894May 1, 189&

atay, 1896

July 10,18761878

1878 & 1881July 1, 1899Mar., 1876Mar., 18761877 & 1888

J. City, Hudson Co. Bt,

New England Trust Co,do dodo doBoston, Office.

dododo

New York, Office.do dodo do

London.New York, Office.

do docoup, due Nov., '77Philadelphia, Office.

do dodo dodo dodo doBoston, Office.

dododododo

N. Y., Kountze Bros.Newark, Office.Frankford O. M.

N.Y'.,Farmers' L.iT.Co,I do doN. Y., Del., L. & W. RR.

do do

May, 1875Sept. 1, 1899Sept. 1, 1899Aug. 1, 1876Jan. 1, 1885Apr. 1, 1877May 1, 1896

1903April 1, 1876Irredeemable.July, 1885April, 1900Jan., 1877July, 1900July, 1900April, 1880

Jan. 1, 1922July 1, 1904Jan. 1, 1926June 1. 1876

18751878

July 10, 1876JiUy 1, 1877July, "75 to '77July 10, 1876Oct. 1, 187ft

Jan., '78 to '79Mar., 1890

Nov. 1, 1905Mar. 1, 1875April.l, 1882Jan. 1, 1898Jan. 1, 1898April, 1911

May 1, 1883Nov. 1, 1905Feb. 1, 1896Apr. 1, 1882July 1, 1890Fell. 1. 1896Feb. 1, 1896July 1, 1876Aug., 1877

Aug. 1, 1881March, 1894Junel,189.v

1886Jan., 1901

May, 1915Feb., 1891

Aire 20, 187ff1880 & 1885

New York <t Ilarlem.—Qioaa earnings 1873-4,$},85(),52.5: operating expenses, $1,719,334; neteimings. |I, 137,141. Leased to New York Centralat 8 percent per annnm (payable J. & J.) on stock,aid interest on bonds. The Fourth avenue horse-r,ulroad and real estate was retained. Tlie extradividend Aprd, 1876, was from profits of city line.

Jf&w York, Ilousaiontc tt JTortt^ra.—Foreclosurepending. (V. 21, p. CH'J.)

Xew York, King-ton it ,9//ro(;!««. -Includes oldliondont & Oswego Sold in foreclosure May i,

1875, fo.r $750,000. (V. 1», p. 366, 58.ii; V. M, p. 413.814, 45:1, 615; V. 21, p. 100.)

New York cfc New Enqland.—TKi was formcrlvBoston llartf. &, Erie. 'thK road was opcintcd bythe trustees of the Bcrtlcll mortgage for severalyears 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 incomei>;>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 Onoeao Jniland.—lntcref^t in de-fault since 1873. Receiver.-'' cevtiiicates havo beenIssued, 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 reportfor fiscal year ending Sept. 1, 187,5, showed net eiirn-iogs $108,511, leaving a surplns of $73,7M above in-terest and dividend payments. Fnll report V. 21,p. 164.

North Carolina.- Lcr-sed 8eptember,'187I, toRich-nond a, Danville Railroad at $26 i,(K10 per annum.In March, 1875, the gau^c was changed. Dividends•t 6 per cent, are paid oa stock, of which the State

of North Csrolina holds $8,000,000. (Vol. IB, p. 653;V. 17, p. 155, 218; V. 20, p. 267; V. 20. p. 39 1-)

Northeastern, 3, C—Annual re ort fur 187-J-5 inV. 20, p. -499. Gross earnings, $4!6,95ij; net,$175,441. Report to Sept. 33, ;875, net earnings,$70,058.

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 soldFebruary, 1875. (V.2J, p. 231, 403; V. 22, p. 134.)

Northern Central.—Tiie annual report for 1875 inChronicle, V, 2-3, 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, leavingnet income. $459,4(13. equal to 7 86-10' percentupon the capital htock of the company. The 5 percent $;i, Olio, 030 mortirage is to cxcnange for incoin-'Sof 1S7^2. (V. 19, p. 617; V. 20, p. 267, 336, 35 5; V.32, p. 257.)

,

Northern Neio Hampshire.—Tint Income fiscalyear 1875-6 was $120,811). (V. 22, p. 5 6 . .)

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 $100,001and pref. stock is issued to bondholders at the rateof $1,4'X) for each $l,ono bond, and this Incliftlosthointerest funded to Jul.v, 1878. This stock is ex-changeable for land at its par valiie. To Sept., 1816,it was reported that $38,000,000 of bonds had bi-en80 exchanged. (V. -it, p. 15, 78. 137. IBO, 231, 323,372; V. 22, p. 135, 159, 209; V. 23, p. 2J5.)

Norwich <t Worcester:—Lfuxi Pebmary, 1369, toBoston, Hartford & Erie f.ir 100 years at 10 percentper annum on cost. Dividends paid of 10 percentper annum. Gross receipts in 1874-5, $729,440; net$294,997. (V. 21, p. 590.)

Ogdvrt^urg dkLike Champlain.—Leaeed in March,

1870, for twenty years to the Vermont Central for in-terest on bonds, 8 per cent on preferred stock and oncommon 6 per cent for three years, 7 for the nextthree, and 8 for the next fourteen years. (V. 23, p.279.)

Ohio dk Jfississiflpi.—There are also $97,000 of oldIstmortsagc 78, W. Div., yet outstanding. An ab-stract of the annua) report to Jnne ;iO,'76, was givenin 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 Thecompany purcha ed the Springfield & IllinoisSoutheastern R'lad, March, 187.5, for «-;,000,000 inbonds secured ot.tlieSp. &I. S. road, and with privil-

ege of funding coupons to Nov., Is77: of the samemortgage bonds $l,ii00,n00 werj reserved, the pro-ceeds io be used for improvements. (V 20. p.215.267,290,281,477,491; V. 21, p. 269,322,372,396;V. 22, p. 111.)

Oil Creek e£ Allegheny J?it!«r.—Sold in foroclosnroconsol. mortgage, Dec. 29. 1875, for $10 ',00 '. Neworganization 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 bondsdue 18&1. Total earnings in 1874-5. $2,28t),413; ex-penses, $1,4-;3,135: net, $732,729. (V. 21. p. 533; V.iS, p. 85.)

Omaha d Northwest.—VasseA Interest 1874. Somebonds and coup's exchanged for lauas. (V. 22, p. 79;V. 23, p 175.)

Oregon <& Cnlifornia.—HoiiHn nearly all placed InGermany. After default in 1873, proposition offeredby Ben. Holladay, President. (See V. 19, p. 480; V.21. p. 875.)

Osw'go <fi ffomu—Operated by the Rome, Water-town & Ogdensburg at 8 per rent on $30J,0«0 stockand interest on first mortgage bonds.

Oswego <6 %rn(;«»«.—Leased to Del. Lack. & Wesl^for interest on bonds and 9 per cent on stook.

Page 23: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

Septembsr 10, 1876.] RAILROAD STOCKS AND BONDS. XXV

Kiibaerlbera will eonfer a Kreat niror tty kIvIhk Immediate notice ol anjr error dIeeoTered In tbcae Tab ea.

DESCRIPTION.

For explaaation of column hoadliiKS, &o., aeo notesat tlio Ucod of first pafjo of table*.

Oweruboro d RuMellvitU—1st mortgageI'aoijtc of if i»«oi(ri—Stock

1 St mort^a^e, Kold2d moit«rtKu (sinklnR fund $50,000 per annum)Real estate (depot) liondsDebt to St. I-ouis County (»o bonds)Incuiuc bonds, (guaranteed Atlantic & Paoifl*) ..

3d mortKugnCarondelet Brancb, Ist mortgageLex. & St. Louis branch, Ist mort., gold, giur..

do do 2d mortgageLeavenworth, Atch. & N. W., Ist mort., guar..

Paducah it Memphis—Ist moHgago, goldi'anamo—StockGeneral mortgage, sterling

Paris tt JMntille.— Ist mortgageParis <t Decatur, (Ills.)— Ist mort., g'd, sink. f'd. .

.

Paterson a Newark— 1st mort., guar, by EriePekin, Lincoln it Decatur—tut mortgagePenbisular (Mich.)—Ist mort., gold, siuk. fund. .

.

Pennsytrania—^toiik1st mortgageGen. 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, regPcntutytcania Co.—Common stockPicferred stockIst mortgage, gold, (held by Pennsylvania RR.)

.

Pennxylrania it Delaicare—Ist mortgage2d moi'tgage

Pennsylrania it iVew Torfc-1st mort., guaranIst Hiortgage, gmiranteed

Peoria it Hureaa Valley—StodPeoria, I'ckin dt Jacksonville— 1st mortgage2d mortgage

Peoria dk lioek /.—1st mort. (after $150,000 10s) . .

.

Perfciomea—1st mortgageConsol. mort., gold, guar. P. & K., (sink, fimd) . .

.

Pe(er«6i(r)7—StoiiK _

let mort. bonds (payable $25,000 yearly)2d mortgage

Philadelphia it Halt. Central—lat mort. (Pa)2d mortgage (P.a.)

1st mortgage ( Md.)Philadelphia it 7vVte—^tock, commonPreferred stock1st mortgage, Sunbury & Erie1st mortgage2d mortgage2d mort., gold (for $30,000,000), guar by P. R. ..

Phitadeiph la it Reading—Stock, commonPreferred stockMortgage loans InconvertibleLo.au mortgage, convertibledo do sterlingdo do do

East Pennsylvania 1st mort., sinking fundLoan mortgage, sterlingLoan deben tui-e

Loan mortg.oge<!on8olidated mort., dollar loan, coupon or reg. .

.

do do gold, dollar or sterlingdo 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—StockPhiladelphia, Oermantown it Xorristown—.StockPhiladelphia, WUminyton it Ualtiinore—Stock.

1st mortgage, convertible ,

.

Plain bonds, loan.do dodo do

PiUsb. it ConHellsrille.— 1st mortgageiBt do Turtle Creek divisionConsol. mort., guar. B. & O. (s. f . £7,200 pr. yr.)

.

Milesof

Roa<l.

3S4852S3283

20015>355 >4

551421

1154747341a7512<!7

1068(!9355

444410510546838390iu18

"828282363610

287

"46287287287

7*5750

"26

2010098

14910

149

Date Size, orof Par

Bonds Value.

1872 $500&c.100

1808 1,0001871 1,0001872 500 Ac.

1872 100 &c.1875 1,0001873 1,0001871 1,000

1870 1,000

1001867 £200

1872 '5001868 500 <fec.

1871 1,000•69.'70

501,000

1870 1,000

1873 1,0001875

5050

1873 1,00018731S731866 1,0001866 1,000

1001864 500 &c.

1870 1,0001867 1001873 1,000

100

18.59 100 &c.1869 100 &c.1866 100 &c.

5050

18.57 1,0001861 1,0001868 1,0001869 1,000

5050

1843-91857 1,00018361836

1,00018361868186818711871187118731873 1,0001874 1,0001872 1,000

100.5050

1858 5001807 1,0001872-4 1,(X>01875 1,0001868 1,0001859 100 &c.1876 £200

AmountOutHtaudlng

$1,500,0007,000,0007,0(K),0002,700,000800,000700,000

1 „500,0002,500,000500,000900,000200,000500,000

1„54 1,0007,(K)0,0002,794,0001,190,0001,200,000500,000

1,076,0003.800,000

68,870,2(X)4,970,000

19,9!«),7005.007,360

29.250,000

3,000,0008,000,0007,096,0001,083,000519,000

1 ,500,0001,500,0001,200,0001 ,000,0001,000,000l,.5OO,QP0621,000

1,200,0001,324,200500,000300,000800,000400,000300,000

0,048,7002,400,0001,0(K),0005.000,0003,000,0008,680,000

32,725,7751,551,8001,510,500

79,500182,400967,200495,900134,400

1,138,9002,700,000

10,688,0007,000,000968,000

10,500,0009,364.000

19,686,00013,413,.5001,259,1002,231,900

11,536.250290,000

1,000,000700,000839,000

4,000,000400,000

6,500,000

INTEREST OR DIVIDENDS.

Rate per When Where Payable, and byCent. Payable whom.

81«9««•

87776 g.6g.

37g.

72*-

66566

"3"

7774777g.

8a776

4'7G76 g.21^31a66

I'-7

776 g.

««•

6Cg.72I2

346

6

766g.

F. A A.Q.-J.

f. & A..1. A J.

H.A N.mont'lyM. & 8.

M.& N.A. A O.J. A D.

A.i'o,

A. A O

J. 'i'j.J. <t JF, A A.M. & N.Q.-F.

J. A .1.

Q.-JA. A O.Q.-3I.

J. A J

A.' A OF. A A.F. A A.A. & OJ. & D.J. A D.F. A A.J. A J

F. &"a.A. A O.J. A D.J. <t J..r. A J.

J. &"jJ. A J.,1. A J

J. &"jA. & OA. A O.J. A J..1. & J

.—J...-J.

J. & JJ. & J.r. & J.J. & JM. & 8T. & J..1. A JA. A OJ. A D.J. & DJ. & DJ. & J.A. & O.J. A J.VariousQ.-J.Q.-M.J. & J.J. & J.A. & O.A. & O.,V. & O.J. A J.F. & A.J. A J.

N.Y., Imp. ATrad.N.BN. Y., At. A Pac. R. R.N. Y., B'k Commerce.

do dodo do

Ht. Ix>uls.N. v., B'k Commerce.N. Y., Atlan. A Pac. RRN. Y.j B'k Cemmerce.

do do

N. Y., B'k of Commerce,

New York, OlSce.London.

Now York and I/ondon,N. Y'., Erie Railway Co.N. Y., T. W. A W. RR.

New York.Philadelphia, Office.

do doPhiladelphia, Office,

do dodo dodo do

Pittsburgh Co.'B Office,Philadelphia.

Philadelphia, Office.do do

Phlla., B'k N. America,do do

N. Y., Chic, R. L A Pac,N. Y., Imp. & Trad. B'k,

New York and London.Phlla., 227 8. 4th at.

do do

N.Y., Lancaster, B.&Co.do do

Philadelphia, Office.do dodo do

Philadelphia, Pa. RR.do do

Phlla.,Pa. Llfe<feT. Codo do

Philadelphia A London.Philadelphia, Office.

do dodo dodo do

London.do

Philadelphia, Office.London.

Philadelphia, Office.do dodo do

Philadelphia & Ixjndon.Philadelphia, Office.

do doPhiliidelphia or IxmdonI.,ondon A Philadelphia.

do doPhiladelphia, Office.

Phlla., Treiisurer of Co.Philadelphia & Boston.

do dodo do

PhlVdelphla, Co.'s Officedo do

Bait., Bait. & Ohio RR.Pittsb., First Nat. BankLondon, J.S.MorganACo

J5on</»—Princi-pal, When Uu«.Stoeks— IAUttDividend.

Feb. 1, 1S02July 20, 1876Aug., 1888July, 1891

May 1, 1892ilib., 1885b)pt., 1892

May 1, 1895Oct. 1, 1898Deo. 1, 1899

Oct. I,"l889

July 15, 1876Oct. XO, 1897

July l,"l89SJan. 1, 1878

Feb., 1900May 1889 to '90Aug. 30, 1878

Jan., 18801910

Annually.June 15, 1905

1881

Oct., 1873190319031903

June 1, 189SJuno, 1906Aug., 1876July 1, 1894

Feb!,"i900Apr. 1, 1897June 1, 1913Jan., 1872

Jan., 1879-'981902

Jan., 1879Jan., 1900Oct., 1891

Oct. 1, 1877March 31, 1881July 1, 1883July, 1920

Jan. 25, 1878July 25, 1876

18801886188018801888187718931893

June, 1911June, 1911June, 1911

Jan. 1, 1893Oct. 1, 1897July 1, 1908

1892July 10, 1876Sept. 3, 1876July 1, 1876July, 1884April, 1887

Oct. 1, 1892April 1, 1900July, 1898

Aug. 1, 1882Jan. 1, 1926

OuKnsboro <* Russeavi'le.—^ovr Kvaneville. Ow-ensboro A Na."hville. To be sold la forecloaure.

Pac'flc of J/wsomW.—Road was leased July, 1872, toAtlantic cfc Pucillc R&ilr.iad «nd dividends gnnr-aotecd. In Sept. and Oct., 187.5, the price of stockfell from 47H to 7*4. the principal causes beinga decrease of $ti02.99ti in earnmgs since January 1;the failure of A. cSs P. to pay the October dividendadvertised, and the fact that the road was so heavilyloaded with debt to A. & P. Co. Koad sold under3d mortgage, Sept. 6, 1S76, for t3,(X)0,(X3O. Lexing-ton & tst. Ijouis also to be sold. (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.)

Paducih <t Jf(!ntpAi(«.—Foreclosure proceedingscommenced, but compromise afterward reported.(V.21, p. liu; V. 22. p. 23.1.)

Panama—K steamship Una lately started. (V. 20,p. 3c8; V. 21, p. 207, 231, 489; V. it, p, 8(j, 283, 247,805, 35i, 368.)

Purls <£ OanuUto.—Foreclosure In progress. (V.SI, p. 188, 21tr.)

Paris ilk Deciiur.—t'onsollclatlon. Now IllinoisMidland. (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 ?.

p. 2'>3 447. In .May,'75, the dividend was changedto the rate of 8 per cent per annum, 'rhe directfunderl debt of the com lany is t.H,i)in,CO() ; In 1871the llttbiliiy as a guarantor of principal and interestWHS on «3!.9S3,600 bond*; annual liiibllitv addi-Uooal.on guarauiees of interest or rentals, (13,'88i,3I9,

On all operations east of Pittsburg, in 1375, the reportshows a net surplus of tl,03l.9i9 over all payments,including dividends. The following is a comparisonforf-.ur years on main line and branches in Penn-sylvania: orors Net Total Stock

Earnings. Earnings. and Debt.1875 $20, 1'.I3.251 tM47,388 $128,' 90,560H74 22,642,3711818 24,8,Sfi,n09

1872 «2.012,V25

9,3>'6.!'2l

9,445,7048,217,852

ll:i010.000105,784,0;582,i5«9.M7

The Pennsylvania Company Is a corporation distinct from the Pennsylvania liailroad, formed tooperate all the leased lines west of Pittsburg. TheSlock is owned by the Penn. RR. In lh7i the opera-tions i-howed net prolitof $811,31?, including receiptsfrom the Company'sinvestinents. A very completeexhibit of the operations and Unancial condition ofall 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; V 23, p. IS.)

Pt'-nsylvania d: /Wawir«.—The lease of this roadto the Pennsylvania Rjiilrnad was ratified iu 1674.Pri'vlously operated under temporary lease.

Pemvtylvanii & Nexn KorA*.—Operated in closeconnection with the Lehigh Valley. Net eaminirs1873, *44<,36l. Dividend of 7^4 percent paid on pre-ferred stock, $2,000,000; common stock is f 1,061,700.

Pern-la <t Bure m Villey -Leased perpetually toChicago. Rock Island & Pacific at $125,000 per year.

Piwi 1, Pekm d ,Tncksoni>l '«.—In year endingJune 30, 1874, net earnings, $60,26!.

Peorin it Rock Island.—\n hands of receiver. De-faulted in 1874 There are old 10 per cent bonds of$1.50.000. (V. 21. p. 141, 616; V. 2l, p. 159. 319, 535;V. 22. p. 56, 344, 16:3.)

P«'iiom«n.-- leased to Philadelphia A Reading.

Pelersburq.—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

some time past, in Pennsylvania by trustees of ftrstmortgage bondholders. Phil., Wil. A Bait, largelyinterested.

Philadelphia rf .EH<.—Leased Febrnary, 1,862. for999 years to Penn. Railroad, but without any Guar-antee of bonds. Gross earnings. 187.">, $3.wi5,807;net earnings, $1,1:17.4 3. The Penn. Railroad iscreditor $231,244. (V. 20, p. 8, 248; V. 22, p. 2u6.)

PAi^a(f«/»A(adS7?«od<n<7.—The ncteamlngsof malaand branch lines in 1874-5, were $4,5:i0.7tS. asalnst$5,720,205 in 1873-', and $5,357,766 in 1812 . lacomefrom other sources. $2..Stl, 89. against $'.351,670 in1873-4. The trustees of the general moKgage holdthe mortgag'- of the Coal & Iron Co. A comparUoitof statistics for three years is as follows:

18ri-3. 1873-4. l'>74-«.

Gross earnings.. . $14,'',32,6«1 $14,452,1(1 JI2.6Hii,<«7Op. expenses 9,474,895 8.73, ,916 *',130,159

Net earnings $.5,3.57.768 $5,:20,«n5 $4,530,768Inc. other sources. 1,065,118 l,3.5l.h70 «,S41.889Fundertdebt 44,18.,7:6 68,1.56,138 57,184,111

—(V. 20, p. 858; V. 21, p. 46j; V.22. p. 109; V. S8,p. 40.)

Philadelphia ft TWi/oa.—Leased to Pennsy'vaniaRailread with United New Jersey companies at 10per cent on stock.

Phitide phia, Oennanlown <t .VorrM/own.—Leisedfor 999 J ears to Philadelphia A Readmg at 12 percent, on stock.

Philade phia. Wilmington * Baltimore.—"Set earnings, year ending Oct. 31, 1375, $l,a40,:lM, leaving asmall sunilns of Income above payment of 8 percent divident's. Last annual report la V. IS-tt.15 8.

PUlsbura <§ CbnnriJuiir*.—Interest was In de-fault to city of Baltimore, which owned ri largoamount of the bonds, and a transfer was made Mav1S7.5, to Baltimore * dhio RK. for $1.0iiO,IOO. (V*18. p. Ji- V. 19, p. 17; V. aO, p. 891, W6; V. SI.

p'

01 .

Page 24: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XXVl RAILROAD STOCKS AND BONDS. [September 3?, 1876.

Kobacribers ivlll Confer a creat favor hj slvlnx Immediate notice ot any error discovered In tbese fables.

DESCJRIP'nON.

For ezplanuUon of column hcadiiieB, &o., sec uotcaat the head of first page of tables.

IHttt., C. <t St. i.—l8tm.,con8. (for $10,000,000) . .

.

2d mortpiKeIst Diort/fago, Steubenvillo & lud., reorganized.Col. & Newark Division bonds

ruisbura. Ft. Wayne it C'AtcnffO—Stock, guai'Special iniprovcineut stock, guaranteed.1st mortgage (series A)letIst1stlet1st2d2d2d2d2d2d3d

dodododododododododododo

dododododododododododo

B .

C.D .

E.F.G.H.I.K.h.M.

O Q.

p ®u.si

Caon

Pittsburg, Ft. Wayne & Chic, construction bonds.Equipment bonds (renewed)

Fitlsb., Va. <e 0*o;V«»(»»—1st mortgage, goldPlymouth, Kank. <t i'ac—Ist m. (f3,000,000)Port Huron di L. Mich.—\st mort., traf . guarforiland <£ Ogdensb.—1st mort., E. D., goldNew mortgag<^ (for $3,300,000)Ist mortgage, Vermont Div., gold

Fortl. <« Rocheslei—1st mort., s. f. (Portl. loan)Ist mortgage, equal lien2d do (Portland loan) sinking fund

Portland, Saco d- rortsmoutli—StockPort lioijal (S. C.)—1st mortgage, itouvertible, goldPortsmouth, Gt. Falls <£ CojHca.i/—StockBonds (not mort.) gnaianteed by Eastern RR

Providence it TForcc«(er—StockMortgage bonds

Keading it Columbia—Ist mortgage, coupon2d mortgagH, coupon

Peading <t Lehigh—1st mortgageMensselaer <£ Sai'atoga—Stock

Ist mortgage, con.solidatcd (for $2,000,000)Pichmond it Danville—,Stock ,

State sinking fund loanBonds, guaranteed by StateConsoUdated mortgage, coupon or registeredNew geueral mort., gold (tor $0,000,000)Piedmont branch, 1st mortgageNorthwestern, N. C, Ist mort., guar

Pich'd, hrederieksburg <£• Potomac—Bonds, sterDollar loanCioupon bonds of 1881

Pichmond A Petersburg—1st mortgage couponNew mortgage

Boekford, Rock 1. <f- St. Louis—1st mort., gold ,

Pome, Watertown <t Ogdensburg—StockIst sinking fund mort., Wat. & RGeneral mortgage, sinking fund2d mortgageConsol. nioi-t., convert, till July, '79, coup

Pnttand—Stock, commonPreferred stockEquipment mortgage bonds

do doNew general mortgage

St. Joseph (t Denver City— Ist m. gold, E. div1st mortgage. Western division, land gi-ant

St. 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 fiuid2d mortgage, preferred (scries C)2d mortgage, preferred (scries D)2d mortgage, incomeEquipment mortgage.

St. lyouis. Iron Mountain <t Southern—StockIst mortgage, coupon2d mortgage, gold, coupon, may be registeredCons. M. gold (s. f. after 1880), coup., iuay be reg.

Milesof

Road.

20020011733

4684(>8408408408408408468'408408408408408468468

lev's6002

Dateof

Bonds

lie5212,'J213

521a52

111%7171 1872

1868187318041864

1871186218021862180218621862186218621862180218031862186218571874

187118091870187118711867-918701871

1809

67445050

isi18114210

1424929

28121897190190300120

120120120112170266

686.210210686

187018621804

1871

1874

1873

187018751808

185.5186118721874

18701870187218001870

18641864186418(i418641870

186718721874

Sl7*, OJParValue.

AmoimtOutstanding

$1,0001,0001,0001,000100100

500 &c.500 &c.500 &c.500 &c.500 &c.500 &c..500 &c.500 &c.;500 &c.500 &e.500 &c.500 &c.500 &c.1 ,0001,0001,0001,0001,000

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

1001,000100

500 &c.100

i,eoo100 &c.1,000

"uki1,000100

INTEREST OR DIVIDENDS.

Rate perCent.

1,000

1,000100

100 itc.

500 &c.1,0001,000KKl100

100 &c.100 &c.100 <fec.

500 &c.100 &c.

100100

l,0<Xt500 &c.1.0001,000500 &.V.

1,000100

1 ,0001 ,0001,000

$6,222,0005,000,0003,000,000775,000

19,714,2854,333,948875,000875,000875,000875,000875,000875,000800,000860,000860,000800,000860,000860,000

2,000,000100,000

1,000,0001,000,000

20,000 p. m1,800,000800,000

1,124,0002,300,000700,000350,000450,000

1,500.0002,500,000770,000480,000

2,000,000500,000050,0003!30,000

1,500,0007,000,0001,925,0004,000,000508,4801.57,800

l,708,.5OO1,092,000500,000500,00067,778

299,917450,000175,00050,000

0,000,0003,147,600799,900

1,200,5001,000,0003,0<X>,0002,479,7004,168,700500,000500,000

1,212,0001,.500,0005,500,0002,300,0002,468,4001,100,0001,100,0001,400,0001,400,0001,700,000

1

300,00019,479,6534,000,000 •

0,000,000 i

1,017,000

77671%1%7777777777777787g.7g.7 g.6 g.

g.eg.67637g.364677

"'4'

7

'

e'66

t'-6-70eg.

C& 7887

I'-7777

31287888 g.8g.";"{'

7777710"7'

7g.7g.

WhenPayable

F. & A.A. & O.M'nthlyJ. & J.

J. & J.F. & 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.

J. & J.M. & N.J. & J.M. & N.M. & N.J. & J.A. & O.VariousJ. & J.M. & N.J. & J.J. & D.J. & J.J. & J.M. & 8.

J. & D.

J. &"j.M. & N.

J. & J.J. & J.M. & N.

A. & O..T. & J.VariousJ. & J.A. & O.M. & N.F. & A.J. & J.M. & 8.

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

F. & A.M. & N.M. & S.

M. & N.F. & A.F. & A.

Where Payable, and byWhom.

7fon(/«—Princi-pal, when Due.Stocks—Ijost,

Dividend.

Phlla., Pa. RR. Office.do do

N. y. Agent, 57 B'way.Phila., Pa. RR. Office.N. Y., Winslow, L. & Co.

dodododododododododododododo

dodododododododododododododo

N. Y., Winslow, L. & Co.do doPhiladelphia.New York.New York.

Boston, First Nat. Bankdo do

New York and Boston.Boston, Columbian B'k.

do dodo do

Boston, Office.New Yoi'k and London.Bost., Eastern KB. Co.

do doProvidence, Office.

do doN. Y., Union Nat. Bank.Cohmibia, First Nat.B'k

N. Y., Nat. B'k Com'rce.N.Y., Del.&H.Canal Co.

Richmond, Office.do

N.Y., City Nat. Bank.do do

J. & J.A. & O.F. & A.M. Ji»N.M. & N.M. & S.

F. & A.M. & N.A. & O.

New York or RichmondLondon.

Richmond, Office.do

Richmond, Office,do do

New York and LondonN. Y., Farm. L. &T. Co,

do dodo dodo dodo do

Boston, Treasurer,do dodo dodo do

. Y., J«ndon <fe Frank,do do

N. Y., Otiice 12 Wall st,

do dodo dodo dodo dodo do

N.Y.,Offlcc 20Na8sa« stNew Y'^ork or London.

do do

Aug. 1April 1

M(i>-,Jan..

July 5July 1JulyJulyJulyJulyJulyJulyJuly 1July 1.

July 1,

July 1,July 1,July 1.July 1,Jan. 1,

Mch. 1.

, 1900191318841890

, 18761876191219121912191219121912191219121912191219121912191218871884

July 1,May 1,

Jan.,Nov.,May,

July 1,

Oct. 1,Sept. 1,July 1,Nov. 1,July 15,Dee. 1,July 1.July 1,Mch. 1,June,

1901189919001901189118871887189118761889

, 187318921876188018821884

July 1, 1876Nov., 1921

1880Jan. 1, 18751875 to '90

1888

18751875

1881-'901880 to '86May 1, 1915Aug., 1918

July 15, 1875Sept. 1, 1880Dec. 1, 1891•Tan. 1, 1892July 1, 1904

Feb. 2,'i875May 1, 1880Sept. 1, 1880Nov. 1, 1902Aug., 1899

May 15, 190O

JiUy'e.'i874189418941894189418941880

Aug. 1, 1892May 1, 1897April 1, 1914

Pittsburg, Cincinnati <fe St. Loids.—This companyleases several roads and is itself controlled by thePennsylvania Co., which holds a majority of thecapital 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.

Pittsburg, Fort Wayne & Chicago.—ItAs roadwas leased July, 186 1. for 99a years, to Pennsyl-vania 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 subsequentlyto the Pennsylvania Company. The lessees to keepthe road in repair, and also pay taxes, expenses,etc. Pittsburg, Fort Wayne & Chicago leases theNewcastle & Beaver Valley and the Lawrence roads:which in tnrn arc leased again by Pennsylvania Com-pany. New stock of $4,103,u00, issued to Penn.Railroad for improvements, .tc, is under article 16of lease; guaranty on old stock nol, affected. Netearnings, ie"5, $8.S7S,398. Sinking fund for bonds,$I,7I)3,8jO. (V. 22, p. 588.)Pittsburg Virginia A Charleston.—Ot these bonds

the Pennpylvania Railroad owns $500,000.

Phjmmth, Kankakee <6 Padjic.—ln foreclosure.

tV. 19, p. 120; V. 20, p. 314, 491; V. 21, p. 372.)

Port Huron <t Lak* Michigan—"Vhis forms part ofthe Chicago & Lake Iluron consolidation, with Pen-insclar of Michigan. Interest was in default Nov.,1873, and foreclosure is pending. (V. 80, p. 857; V.22, p. 375.)

PorUand <t Ogdensburg.—T\ie tw" i vicions wereconsolidated March 1875 as one company, and amortgage of $8,000,000 on whole line proposed. InItarcD, 1878, Co. passed the interest on Portland«lty bonds. (V. 21. p. 1.%, S96, 618; V. 28, p. 188; V.«, p. 3i!4,<l8; V. 28, p. 8«.)

Portland <t Poch^ler—Ttufi is the old York & Cnm-iXrlaDd sold out in 1865. Net earuinua year endingAtiffut 31, ims, t33,6Se.

Portland, Saco &. Porlsmouth-l^&asei March 18,

1871, to Eastern Mass. Railroad for 99 years at 10per cent per annum; modified Dec, 1875. to 6 percent for two years. (V. SI, p. 372, 431, .592; V. 82, p.D6S.)

Pnrt Royal.—The Georg'a Railroad guarantees$500,000 of these bonds; balance in default. Decreeof tale made. (V. 80, p. 291, 453; V. 81, p. 78; V.22, p. 591.)

Portsmouth, Oreat Falls & Conway.—Opened in

1872, and is leased by Eastern Railroad, Massachu-setts.

Providence <ft TTorcwter.—Net earnings year end-ing September 30, 187.5, $2:30,878; floating debt,$l,370,u.,0. (V. 21, p. 690.)

Beading & CoiwrnWo.—This road is operated andcontrolled by the Philadelplua & Reading Railroad.Floating debt, $.,093,494.

Reading & Z^AijA.—This was the Berks Countyroad; sold out, and leised to Philadelphia <fc Read-ing, March, 1875, for 99 years. (V. 8J, p. 63, 267.)

Renfsdatr & Sarab/ga.—Leased May 1, 1871, toDelaware & Hudson Canal Company, which pays in-teri'St on bonds and 8 percent on stock. In 1872-3•the net curplus to lessee was $201,597. (V. 20, p. 844.)

Richmond * DanviUe.—Gross earnings 1874-5,$983,it5;; net, $383,447. This company leases theNorth Carolina Railroad and the Piedmont Railroad,and forms a through route with the Atlanta & Rich-mond Air-Line. The Penn. Railroad owned $600,000stock of the Richmond & Dae«ille, and took $1,000,-000 of the new bonds at 80. (V. 90, p. 8, 891, 668;V. 81, p. 614; V. 82, p. 1 80.)

Richmond, Fredericksburg <fc Potomac. — Grossearnings, $882,298; expenses, |180,049; net earnings,$808,848. (V. 21, p. 818.)

Richmond <t Petersburg.—Qtoae earnings year) ending Sept, 30, 1876, $1&1,»3S; nel^ $78,891. Bondi

due and not presented, $99,500; bonds paid off,

$50,500. (V. 22, p. 15.)

Rockford, Rock Island dt St. Louts.—Soli In fore-closure August 16, 187.'). for $1,380,000. Re-organizedas 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 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-oli-

dated with the Rome, Watertown & Ogdensburg,and is in progress to Niagara. (V. 19, p. 169; V.80, p 8, 163, 3 1 1 ; V. 81, p. 412; V. 88, p. 493.)

Rutland.—IjesseA January, 1871, to the VermontCentral. Terms modified m July, 1874. Defaultmade on rental, and lease again modified. (V. 81, p.186; 190; V. 22, p. 809; V. 23, p. 110.)

St. Joseph it Denver Cily.—The road was sold inforeclosure Nov., 1875, and re-organized under twocompanies. See V. 2.3, p. 1 82. (V. 21. p. 40, 418^418, .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 percent of gross caniing? up to $5,000,000 (but in noyear to oe less than $4.50,000). In 1875 gross earn-ings were tl,019.8;ff, against $1,254,186 in 1874. TheBelleville Branch and Extension earned net in IS75,

$103,661. Committees' report against Tilden andothers, purchasing committee, V. 23, p. 808. (V. 20,

p. 380, 516, 571; V. 81, p. 64; V. 22, p. 351.)

8t. Louis, Iron Mountain <ft Southern—Grossearnings, 1875, $3,802,941; net, $1,613,923. Con-solidation was made in 1874 with Cairo & Fultonand Cairo, Arkansas & Texas. In March, 1875, thecompany issued a proposal to fund three couponson 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.)

Page 25: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

Stptemb r tO, 1876.] RAILROAD STOCKS AND BONDS. XXTU

Snbscribers nrlll confer a (treat faror hy Klvinz Immediate notice of any error dIecoTered in titeee Tables.

DESCRIPTION.

For explanation of column lioadlnifs, Ac, «ee notesat tlic bead of tlrst pa^e of tables.

St Louis Iron llomilain <f Soutk'n-( dontinued)—Arkansas Branch, Ist nioitf,'aKC, Kolil, land K^antCairo, 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., KoldSt. Louis iH Soulliriislern—lHt m., koUI. conv. s. fundConsolidated luortjiase, Rold. sinking fundEvansvillc, 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 milesIst 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 grantIst raort, St. Paul & Paeiflo land grant

8i. I'aul (t Siotix (7i7i/—I'ref. stock, various issues..Stock

Sandusky, Mans/tctd iC Ifermrk—RoorKanUoil stockIst mort., new

Savannah <£• Charleslon—V. & 8., guar, lij' S. CFunded int. bonds, 8. & V. UK., guar, by S. Car...Ist mort. Savannah A Cliarleston RR

Savannah <[ Memphis— 1st mort., end. by StateSchuylkill Yalley—Stoo^Seaboard tC lloanokt—Stock

1st mortgageSelma <t Oulf—lat mort., guaranteed by Alabama..Selma, Marion it Memphis—1st mort., eml. by Ala..Selma, Home tt Dalton—Ist inortgace2d mort., Alabama & Tenu. Rlv. RRGeneral mortgage for $-1,000,000

Shamokin Valley <t I'otlseille—StockIst insrtgage, gold, on road and lands

Sheboyt/an d- Fond dn Lac—1st mortgageIst mortgage extension

Shenanffo (G Alleyhany—1st mortgageShore Line (Conn.)—fetock

Ist mortgage, construction liondsSioux City il: Pacific— 1st mortgage2d mortgage (government subsidy)

Sioux City it: St. Paul— 1st mortgage, gold, I'd grant.1st mortgage, currency for $2,1(X),000

Somerset— 1st mortgage, goldSouth, Carolina—Stocklat 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 AlabamaSterling 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 mortgage2d mort. gold ($400,000 end. by Lehigh V. RR.)..

Southern, Imra tt- Cedar Rapids—Ist mort., goldSouthern Minnenota—1st mortgage2d mortgasfc

SoutliernPar.ific (Cal.)—Istmortgage, goldSouthern Pennsylvania— Ist mortgage, goldSouthwestern {On.)—Stock, guaranrd 7 per annum.Company lionds, eonvertilile into stock at parMus<-ogee KH, bonds, eonvertilile at 87^

Springfield, Athol tC- N. B.— 1st mortgageSterling Mountain (.V. T.)— Ist mortgageStockton i£ Copperopolis—ist mort. (guar, by C. P.)Syracuse, Binghamton <£• N. Y.—Stock

1st mortgage2d mortgage

Syracuse Xorlhem.—lst mortgageSum-mil Brunch (/'«.)—StockSunbury i£ Lewislon— 1st mortgage, goldTerre Haute d; Indianapolis—^tocK

Ist mortgageBonds or 1873 (for $1,000,000)

Milesof

Road.

10072

300582

3.54

21042008

i.-sa

1.58108080

1.50207370121121116116101

ioi402380

"40,50

100100

"28

284540325050

105

122124

242242242

183183-575769

1161168717017038624

257

48 >2

7308181814520

8073

Dateof

Bonds

187018721870

18651874

'60^711872186718671868

1862186418681871

18691853186818691870

18701869

1871186418711869

18651868

187118711871

1868186818721866186818701873186718701B74186918721870186818681870

1871186518751875185618671871

18691873

Size, orPar

Value.

$1,0001,0001,000100

1,0001,000

1,600500 &c1,0001,0001,000

100

"501,000500

100 &c500

1,00050100

i',6do1,000

50500 &c.1,000

500 Ac.100

100 &c.500 &c.500 &c.1,0001,000

i'ooVarious

500

'500100

1,000

500 "ic.

500 &c.300 &c.1.000

100 &c.

I'.odo1,000

500 &c.

ido

100 &c.1,000

500 &c.100

1,0001,0001,000

50

"ho1,000

AmountOutstanding

$2,500,0001,500,0008,000,000

24,000,0006,000,0001 ,000,0001 ,020,0003,250,000

21,000 p.m.1,000,0001.890,0002,6(H),000120,000700.000

l,077..50O1,937,5005,.tl3.000

15,000,0002,116,3102,400,0001 ,0.50,3562,301 ,000.505.000111,800500,000

16,000 p. m.576,050

1,278,400210,000

16,000 p. m.16,000 p. m.

83S,.500241.000

3,000,000869,4.50

l,()94,00a750,000694,000793,000

1,000.000200,000

1 ,629,0001,628,020500,000

1,240,000450,000

5,819,2751,483,777959,500917,000

1,096,50064,000

391,0005,355,0(X)750,000

1,500,000500,000

1,500,000600,000

1,500,0003,340,0001,252,000

14,346,000625,000

3,892,300399,000300,000416,0003.50,000500,000

2,000,4001,400,000270,000500,000

4,125,0001,200,0001,988,1.50800,000800,000

INTEREST OR DIVIDENDS.

Rate per WhenCent. Payable

7k.7g.7g.

"l76g.

778777 g.

l"-8276778 g.2I3

478878737g.7874766

71

%'7768g.6g.77777,g.7 g.876 g.

7g.3I2

75477

I'-7 g.577

J. & D.J. &. D.J. & J.

J. AJ.M. A S.

M. AN.F. A A.J. A J.J. A J.M. A N.M. A S.

J. A J.J. A D.M. A N.M. A N.

J. A J.

J. a" J.M. A 8.

M. A S.

J. A J.M. A N.J. A J.M. A N.J. A J.A. A O.M. A S.

J. A J.J. A J.A. A O.F. A A.J. A J.J. A D.A. A O.A. A O.J. A J.M. A S.

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

Q.-F.J. A J.

J. A J.A. A O.A. A O.J. A J.J. A J.M. A N.M. A 8.

M. A N.M. A N.P. A A.M. A 8.

M. A N.A. A O.J. A J.J. A J.M. A 8.

J. A D.VariousVariousJ. A J.J. A J.J. A J.Dec.

A. A O.J. A D.J. A J.F. A A.

J. a"J.A. A O.

Whore Pajrable, and by"" om.

PayalWho

New York, Co.'s Office,do dsdo do

N.Y., Nat Bk of Com'rcedo do

N.Y., Nat Bk of Com'rceN. Y., O. OpdykeA Co

do dodo do

N. Y., Third Nat. Bank.do do

N. Y., Manhattan Co.New York.

doIiondon.

do

£(md*—Prloel-pal. When Due.Block*—UuADividend.

IstN. Bk., Sandusky,

O

N. Y., Union Trust CoCharleston, Ist Nat. Bk.

New York,do

N.Y., Lancaster.B.A Co.Philadelphia, OOioe.

N. Y., Imp. A Trad. Bk.N.Y.,Roddev, BellACo.N. Y., H. Clews A Co.

New York Office.do dodo do

Pbiladelphia.Tretisurer.do do

N. Y. City Nat. Bank.do do

N. Y., N.Bk. of Com'rce.N. H., Nat. N.H. Bank.

do doN. Y., N. Park Bank.

U. S. Tieas., at maturityN.Y., Metropol. N. B'k.

do do

Charleston, 8.W.RR.B'kLondon.

New York.do

Chailcston.do

N. Y., Drexel, M. A Co.London, Baring Bros

N. Y., Gallatin Nat. B'kdo dodo do

N. Y., VermUye A Co.do do

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

N. Y.,C. P. Huntington.

Savannali, Cent. RR. GaMacon.

Boston, Eliot Nat. BankNew York.

N. Y., Central Pacific.N. Y., D. L. A W. RR. Co,

do dodo do

N.Y.,rarmer8'L.AT.Co,Philadelphia A Boston.

N.Y.,Farmer8'L.AT.Codo do

June 1, 1807Junel, 1897Jan. 1, 1891

July iVi895Sept. 1, 1904

Not!,' 1894Aug., 1902July 1, 1807Jan. 1, 1897May 1, 1898

189218921892

1873 to '75

April! ,"1876July, 1002

Maroh 1, 1877Sept. 1, 189ftJan. 1, 1889May 1, 1890July. 1876May 1, 1876

1880Jan.l, 1800 -

Sept. 1, 1889Jan. 1, 1872Jan. 1,1864Apr. 1, 1887Aug., 1876Jul}-, 1901June, 1884Oct., 1896

Apr. 1, 1889July, 1876

Sept. 1, 1880Jan. 1, 1893Jan. 1, 1898

Nov., 1901June, 1891May, 18711882 to '881882 to '88

Oct. 1. 1902April, 18911980 A 1892Jan. 1, 1890

Mar. 1, 1887May 1, 1900Nov. 1, 1879Aug. 1, 1899Mar. 1, 1882May 1, 190O1878 to '88

1890April 1, 1905Mar. 1, 1900June 30, 1876

18861872 to '76

July l,'83to'931885

Jan., 1905June 15, 1876Oct. 1, 1876June, 1887

July 1, 1901Aug. 16, 1876

Sept 15, 1876July, 1879

1893

St. Louis, Kansas City & N'or£hern.—Jl&\t the siockis 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 secondmortgage 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 Pacificof Mo. Adeciaion of ranch it?terest to bondholdersjf leased roads was rendered byJudije Dillon la asuit against the les.see for interest, but that suit wasdiscontinued, and another brought in name of Trus-tees. (V. 19, p. 37?; V. al, p. 372.)

St. Louis ffc Southeastern.—In default and In handsof 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 centof gross earnings. In 1875 gross earnings, $1,006,2^0.Bonds guarantt'eo by Terre Haute & Indianapolis,by Columbus, Chicago & Indiana Central, and Pitts-burg, Cincinnati A St. Louis. (V 32, p. 520.)

St Paul * Pacific.—ttte bonds arc nearly all heldabroad, and an agreement for re-ori:aniztttion wasmade 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 756,992acree of land unsold In ls75 the rate of dividendon stocks was reduced, and $l,ii20,00i) mort. bondswere made, and arc mostly deposited as securityfor 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 theCentral Ohio, and the lease guaranteed by Baltimore& Ohio. (V. 19. p. 584.)

SavanruUi ct CAariMton.—Interest in default. Roadin 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 progressbat becsme embarrassed after the crisis of 1873, andpassed Interest. & funding proposition was offered.

Sckuylki'i Fa//«i/.—Leased to Philadelphia A Read-ing, with 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

Pollard, 100 miles. Interest In default.Selma, Jfai*lo/i tfr ilftf7n/i^t#.- Defaulted 1872. Re-

ceiver. .May, 1876. (V. 19, p. 366; V. 2i. p. 4a7.)Selma, Rome & Dalton.—This was formerly the

Alabama & Tennessee River. Interest in defaultand road to be sold. (V. 19, p. 40.)

ShaiTiokln Valley tft Pottsville.—Le&aed February,1863, to Northern Central at 7 iier cent on bonds arid6 per cent on stock.Sheboygan dt Fond du Lac.—This is one of the

Wisconsin roads in progress in 1873 which went todefault. 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 earn-ings 1873 were $86,851.

AVk»'« Line.— Leased to New York A New Havenat $100,000 per year. Old stock was exchanged fornew in July, 1873.

Siovx City <fc i»(Ki(f<;.—This is one of the UnitedStates Government subsidized roads. For year end-ing June 30, 1874, gross earnings were -319,819, andnet 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) In-come bonds. Net earnings in 1^75 were $75,746.Lands unsold, 545,215 acres. (V. SO, p. 544; V. 22,

p. 568.)jSom^TW^.—This road is leased to Maine Central.So'i'.h Carolina.—Qtofs earnings in 1875, $1,SM,-

302; operating expenses, $780,727; net earnings.$448,.571 (a Uecrease of $66,881 from 1874.) Annualreport in V. 2*2, p. 398.South (ft North .4'oftinMi.—Tills road is leased and

operated by the Louisrilfe A Nashville, which guar-antees the bonds. Preferred stock, $1,500,000.SouUusrn of Long /jJojMf.—This is succissorof

South Side, and operated with Flushing N. Shore A

Central under one management. There are also$60,000 6 p. c. mortg. bonds on Rockaway Branch,and $f>4,800 7 p. c. on Southern Hempstead Branch.Southern Central.—Forms an extension into New

York State for Lehigh Valley, which company en-dor,- es $400,000 of second mortgage bonds.South Iowa tft Cedar Rapids.—In progress. Ottnm-

wa to Cedar Rapids. la.

Southern ifinn««)<a.~Soldandre-organizcd. Landgrant 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 byCentral Pacific parties. The stock is $42,412,200.In 1874-5. on 161 miles operated, the gross earningswere $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 rail-road company, re-organized in 1872 aftrr foretlosorennder second mortgage. The road is leased by theCumberland Valley.Southwfstern Woryia.—Leased to Central Georgia.

Dividends 8 per cent a year to every 10 per cent enCentral Georgia stock, but 7 per year is enaranteod.

Spring_fietd, Athol tt Northeastern.- ^"i^el earnings,1874-5, $37,108. (V. 21, p. 590.)SterUng Mountain.— ^v^t of road and eqnipmsnt,

$50J.4«8. Ket eariiin;s :8?2-3. $15,673.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, IS71Vunder a 3d mortgage and bought for R. W. A Og. (T.21, p. 160. 319.)

Summit BrancA.—This is a coal road, and leasesLykens 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 A Indianapolis-—Gross camiags,1874-5. $1,011,570; expenses, $720X91; net earnings.$-J91,275,

Page 26: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

zxvm RAILROAD STOCKS AND BONDS. [September 8 > 1873.

Subucrlbers will coufar a great fairor by sivins immediate notice «1 any error diacovered la tlieae Tables.

DESCRIPTION.

For explanation of column Ueadiugs, &c., seo notesat tlio bead o{ tlrot page ot tables.

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., goldToledo, Peoria tt Ifaraaio—Stock

Ist preferred2U preferredl8t mortgage (W. Dlv.)1st mortgagi' (E. Div.)2U moitgaRe (W. Div.) convertibleConsolidated mortgage (for $6,200,000)Ist mortgage (Burlington Div.)

Toledo, Tiffin it East.— X<it mortgageToledo, ^\^abash <£ Western StockPreferred 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)

Milesof

Eoad.

Dateof

Bonds.

Ist mortgage (Ouiney & Toledo).1st mortgage (IliinoiK & Southern Iowa).2d mortgage (Toledo <t Wabasli)2<1 mortgage ( Wabash & We«tem)2d mortgage (Great Western of 1859)Equipment bonds (T. & W.)Consol. niort., (on all except St. L. Dlv.) convert'e2d consolidated mortgage, gold1st mortgage, (Decatm* ifcKast St. Ix)Uis)Hannibal <fe Naples—1st mortgage

do do 2d doIjafayctto, Bloomington, & Miss.—1st mortLafayette, Muncie ii Bloomington, 1st mortgage.

Iroy it 7J«s(ort—StockIst mortgage, consolidated .

Convertible bonds.Troy Union—1st mortgage, guaranteed, Troy CityTuckertitn—1 st mortgage. . . j

Vnton Pacijic—StockIst mortgage, gold, on road and equipment . . .

2d do (govenimcnt subsidy)3d do on road (2d on land), sinking fund.'Land giant bonds on 12,000,000 acresOmaha bridge bonds, sterling, iS500,000

Vnion Pacific, Central Branch—1st mort., gold2d mortgage (government subsidy)

United N. J. Mil. d- Canal Companies—StockGeneral mortgage, coupon ;

United Co.'b mortgage, sinking fimd, registered..do sterliiig loan mortgage, sinking funddo do do do dodo dollar loan . mortg.igedo bond to Stiite of Now Jersey

Joint Co. '8 mortgage, sterl'g, s. fd. (i8138,500).do plain bonds .'.

do dodo consol. mort. (siuk'g fund after 1880)

K. J. RR. <feT. Co., 2d loan (now 1st), plaindo do Hd loan due State of N. J

, gold.Utah Central—1st mortVlica it lllack Binei—StockIst mortgage borids of July, 1868Mortgage bonds, 2d tssue

Vtica, Ithaca it Elmira-lat mortgage, sterlingYalley (Va.)fermont it Canada—StockBonds, giuiranteed by Vennont CentralMissisquoi Railroad bonds

Termon t Oentral—lut uiortgiige, consolidated2d mortgage, consolidatedEquipment loansStanstead, S. & Chambly bondsIncome and extension bonds (to pay float'g debt).

Tiekshurg it Meridian— lut series (red endorsed)2d series (blue endorsed)3d do (black en dorsed)4th do (not endoi-sed)Special loan, funding mortgage

Termont it Massachnsetls—Sioc)i1st mortgage (sinking fund $7,000 per year)Convertible bonds

do do

44444444450

2472472471161c110%116122271024628

"75167177292775167180242525628109434382373535

"i'h29

1,0381,038

1,038

100100

30127)7j

"67

"73

140140140140

"80

7780

1875187518751876

186618641866187018711872

185318531863186518621858185818.5918631867187318691868187018711871

1874

1871

1866-9

18741867-918711866

'66-7-8

1871187118711871187118711834-7

1862186818681870

1868187118721873

18711871186618661866-91867187218661866186618661871

18651869

I 1872

Size, orPar

Value.

.$1,0001,0001,000

ido1001(K)

1,0001,0001,0001,0001,000

'ido100

1,0001,0001,0001,000l,00tl

250 A:c,

100 Ae,1,000

100 &c1,0001,0001,0001,0001,0001,0001,000100

1,000500 &e

500 &c100

1,0001,000

I'.ddo£2(«l1,0001,000100

1,000

AmountOutstandinj!

1,000

1,000100

1,000

500 itc500 A:c

100 <fec

100 Arc

500 &c100 cfc<v

1,000500 &c1,0001,000100 &c100 Ac

100100 &(•

5001.000

$1,428,0006,556,0005,032,000

10,000 p.m.3,000,0001,700,0001,000,0001,800,000i,(;oo,ooo1,300,0001,.500,000250,000861,000

15,000,0001,000,000i)00,000

2,500.0002,496,000500,000300,000

1,000,0001,.500,0002,500,000600,000

2,()10.0002.503,0002,700,000675,000225,(K)0

1,300,000666,0tt0

1,609,0001,384,000650,000680,000408,000

36,745,00027,236,11227,236.51214.157,0007,500,0002,-100.0001 ,600,0001,(>00,000

19,890,4005,300,0002,000,0001,846,0001,800,0001.54,000500,000670,340

1,700,000866,000

5,000,000450,0001(X),000

1,000.0001,770,720200,000907,000

1,500.0003.000,0003.000.0001,500,000500,000

3,000,0001,500,0001.500.000444.100

1,508.600717,.500850.000145.000

1.162.700217.400

2,860.000550.000200,0001.50.000

INTEREST OR DIVIDENDS.

Rate perCent

eg.

7g.

777777

"31-2

7777777777

7

7g.7g.477672«S-6878U62I3

«g.6 g.676g.

66

7Og.3777 g.

WhenPayable

Where Payable, and byWhom.

M. & S.

J. it D.July.

J. & J.

F. & A.J. & D.A. & O.M. & N.J. & D.A. & O.

M. &' N.F. & A.F. & A.F. & A.M. & N.F. & AM. & NM.& N.M. & NM. & N.Q.-F.F. & AF. & A.M. & NJ. & J.F. & AF. & A.P. & AJ. & J.M. & S.

Phlla.. N.York &I-ondon March 1, 1905do do

New York& Phllad'pliiaN. v., FaiTU. h. & Tt.Co

g-

A. &

J^-^

M.\feA. &A.M. &

Q.-..M. &A. &M. &M. &F. &DueF. &F. &J. &M. &F. &A. &J. &J. &J. &J. &J. &

J. &J. &J. &M. &J. &M. &J. &M. &J. &J. &J. &A. <t

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

Jimirf«—Prlnci -

pal. When Due.Stocks—hastDh-idond.

New York, Co.'sofflcc.do dodo dodo dodo do

N. Y., Office of Co.do dodo dodo do

N. Y'., Metropolitan BTt.do dodo dodo dodo dodo do

N. Y., Office of (3o.

WInslow, L. & Co.N. Y., Office of Co.

do dodo dodo dodo do

Troy, Company's Office.N. Y., Nat. B'k of Com.

do do

June 1, 1905Jan. 1, 1915

Phlla., Safe Deposit Co.New York and Boston.

do doU.S. Treas., at maturityNew York and Boston

do doLoudon, L. & S. Fr. BkN. Y., Company's Office.

U.S. Trejis., at inatm-ityPhila. .and N. Y. Offices.Philadelphia, Office.

do doLondon.

doPhiladelphia.

days after demand.London.

Philadelphia Office.Princeton. N. J.

Philadelpliia Office.

N. Y., B'k of Commerce.do doSalt Lake aty.

Utica.Utica and New York.

do dorx>udon,H.S. King&Co.

Baltimore.Boston, E. Blake & Co.Boston.Nat.Bk.of RivimBoston. Globe Nat. Bk.Boston .Nat.Bk of Rcdm

do do' do dodo dodo do

Phlla , Glrard Nat. B'k.do do

Phila., Girai-d Nat. B'k.do dodo do

Boston, Office.

dododo

dododo

Jan., 1870

Feb. 1, 1896Dec. 1, 1894April 1, 188GMay 2, 1910June 1, 1901April 1, 1902

Nov. 1, 1873Aug. 1, 1890Aug. 1, 1890Aug., 1888

Nov.'l, 1890Aug. 1, 1883Nov. 1, 1878Nov. 1, 1878May 1,May,

18931883

Feb., 1907Feb., 1893Aug., 188»

Nov.l. 1888Julj-, 1890Aug., 1901Aug., 1901Aug. 1, 1876

18941882

April 1, 1910Oct. 2 187tt1896 to 1899

Mch. 1 18941887

April, 1896May 1 18951890, '97, '98July 10 1876Mch. 1 1901Oct. 1 1894Mch. 1 1894Mch. 1 1894Feb. 1 1888

1880Feb. 1 1878Jan, 1 1889Nov. 1 1889Aug., 1 1878

Ovei due.Jan. 1 1890June, 1876July, 1878July, 1891

Jan. 1 1902

June 1, 1872July 1. 1891Jan. 1, 1891Nov. 1, 1886

18911876 to 1889Jan. 1, 1887

1902Jan. 1, 1890Jan. 1, 1890Jan. 1, 1890Jan. 1, 1890

1880Apr. 7, 1876July 1, 1883July 1, 1879July 1. 1885

Tmat <ft Pacific.—K full acconnt of the companyIs given in the annnal report in Chronicle, V. 23.

p. 206. Gross earnings, 187') «, $!.5S4.h24; ope.at-ing expenses, 4891,88J; net carnmgs, $b72.748. (V^,

SO, p. B3; V. 81. p. 229, 824; V. 2i, p. 686, 607; V.23, p. 160,206.279.)

Texas Western..—TMs narrow-gauge road is inprogress. (See V. 23, p. 1 Jy, 152.)

Toledo, Peoria & TTarstw.-Interest in defaultDecember, 1873. Passed int.o receiver's handsFebruary. 1874. Foreclosure suits commenced IHT.").

<V. 21, p. 160, ST2, 505, 593, 614; V. 22. p. 159, 297; V.2.3, p. 256.)

Toledo Tiffin <fe Easl.—SoM in forcclosnre July.1876. (V. 2:1, p. 63.)

Toled , Wabash <8 TVcsfern.—Operations for fouryears compared as follows

Grossearnings.

WV* .$4,2.34,214

Jgrs 5.738,807

IW'J 6.0il8.»78

1871 5.138,666

Feb. 1, '75, default was made. Mr. J, D,Pre-xidcnt, was appointed receiver Feb.Bold under consolidjted mortgage .Jane

Operatingexpenses.$3,M9,rfi44,4 7,3784,3(15,144

3,776,828

CV. ii, p. 88, 182, 20", 334. 303, :

V. 23, p. 16, di, 160, 301.)

Netearnm2*s.$7I4,4')0

1,331.429l.ril.3.834

1.969,8:18

Cox, the22, 1875.

1". IS-H,.

,375,4.6,645,591;

TVoy cfc Boston.—With leased roads forms a Imefrom Tioy, N. Y., to North Adams. Mass, In 1873 74rrofs earnings were |;.5.'iii,310; perating expenses,^SS.sVfl. Ttiere are a few of old Ist and 2a"mort-gage bonds yet outs anding.

TVoy Union.—A short road in Troy city. Bondsleaned by city and guaranteed by several roads.

Tucksrton.—From New Jersey Southern Railroadto Tuckerton, N. J. N.-t earnings 1873, J;7.759.

Unim PaeiJIc.—Grom eam'mtfs in 1871 were i!10,-

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<.

The percentage of operating cxpenpes to grossearnings was 41 '51 per cent ui 18r5 and 44 '05 percent in 1874. Land sale^ in 187,% 111,(49 acres at

$3 6fi per acre, or $4()',4(i2. Total sales to Jan, 1,

1876. 1.082, -iys acres for *.'>,.33fi,014. Land notes andcontracts on hand. January 1, 1876. $3.0:2,501.The suit to recover for Government transp«rtat ionwas decided by the United Slates Supreme Courtin favor of Ihis company, Nov. 21*. 187a, includ-ing : he important ruling that interest on the Gov-ernment loan is not 1 ayable till the prini ipal is

due m 1896-99. Abstract of last report V. 22.

p. 2o7. and government report to June .30. 187.5,

V. 21. p. 467. The annnal report gives nogeneral balance sheet nor income acconnt. Divi-dends at 6 per cent per year were begun in July,an'l increased to 8 per cent October. 1^75. TheUnited Staes Attorney-General has a suit pendingfor $1,040,056 against *he company as 5 per centof 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.)

Union Pacific Centr.il Branch.—This was formerlytire Atchison &, Pike's Peak road. Interest in de-fault »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,p. :5''.)

Unitfd New Jersey liailroad dk Canal Companies.—'1 lie Camden & Amboy Railroad and branches.Delaware Ik, Raritan Canal, aurl New Jersev Railroadform the United Companies of New Jirsey. Theywere leased to Pennsylvania Railroad. Oct 20, 18T1.at 10 per cent on stock and assumption of all lia-

bilities. In 1871 the gro-s earnings were $10,i 21. '88;operating expenses. $7,098,4411; net. *2.933.039. leav-ing a loss to lessees of i|;:ji.l61 after paving inter-est and diiiden^ls. The loans due in February, andApril 1875. were paid oflf and bonds of 1871 increasedby $2.3 ,0.0*10. issued in Loudon.

Utah Central.—S&M Lake to Ogden, In 187J-3net eamiogs were $206,358.

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 completedNovember, 1875. The sinking fund is $30,000 yearlyfrom 1878. (V. 21, p. 16; V. V3, p. 16.)

Valley ( Va.).—This road was bnilt chiefly by sub-scription of Bait. & Ohio RR., Baltimore city, andVirginia cotmtics. Operation i^f the road by Balti-

more & Ohio was discontinued, and temporary leasemade 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 VermoatCentral, 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 todefault on interest, and has since been in nnmeronscomplications. A new corporation under the nameof Central Vermont has been formed, with fS.OOIi.OOOpaid-up capital, and assumed obJigatlons of the oldVermont Central. Foreclosure in progress on2d mortga:;e. (V. 20, p. 16, 141, 186. 314, 3:8,492, 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 end-ing March 1, 1876, were $194,099. Coupons ars paid2 per cent cash, balance scrip. Coupons of July,1874, and April. 18.5. were passed. (V. 80, p. 6»1

;

V. SI, p. 207; V.23, p. o2.)

Vermont <S irassachiisetts.-Thls road Is leased tothe Pitchburg RR. Co. for 999 years, commencingJan. 1, 1874; they paying interest on the debt and 4per cent on the stock for the first two years, 5 percent the next two years, and 6 per cent for the re-

mainder of the lease, exclusive of all taxes.

Page 27: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

S.'ptember 30, 1870.] RAILROAD AND CANAL STOCKS AND BONDS. zzix

SabscrlbJr* vrtll confsr a great favor by glrlnz Immediate notice of any error d'eooTered in Itaeae Tables.

DESCRIPTION.For ozplunatlon of culumn lioaditiKH, &o., eeo uotcd

at tUo bciul of llrst page u( tt.blca.

WalkUl ValUy (iV. r.)—let mortgageWarren (A^V.)—Stock V

'2li IDOI'tgllgOIstooiiNOl. mortj;tvgu

Washitiylon Oily, Va. itul. it at. /SoiitAern—Stock..lid moi-tK!if?i), O. & A. KRl8t andM luoitgago, O. & A. RR4tli inortgiig<s O.it A. RRFunded interest,, O. & A. RRiBt moitgago, O., A. & M. RROen. moi;t., gold, Wiisli. (\, Va. Mid. & Ut. Sontb'nI>ynolibiiri{ ii Danville, 1st inort., guar., coup

WeslcKester <t rhUaUcli)hm—l'votaii-cd stockIst inortgiige, new

We»( Jersey—StockI.«an of lHH;i, giuininteod by Camden & Amboy.

.

iBt mortgage loanIst do consolidated

West Wiecotutin—Ist inort., gold, s. fd., 1. gr., eonv.

.

Ist moi'tgago, gold extension, conpon or regist'd .

Coiisol. bonds, goldWestern i( A Itantic { «o)—Income BondsWestern (Ai«.)— 1st mortgage (Mont. & W. F.)Western RR. bimdn, licfore consolidation2<1 niort., guar, by Cent, of Oa. and Ga. RR. & B. Co.

Western ilari/land—lKX, mort., endorsed Bait. City.

.

let mortgage, nuendor«o«l2d do endorsed by Baltinmro2d do endorsed by Wiwliiiigtou County ..

2d preferrctl mortgage, unendorsed3d mortgiigc, guaiante.eil by Baltimore4tli do for Baltimore City sUwk

Western North Carolinii—lHt mortgage (E. Dlv.) . .

.

Western PcniiSj/loaHia—ltit mortgageIst mortgage, Fittsburg BrancUGeneral mortgage

WiUUimstOH iC- Tarooro—lsl morcg i eWUminglon, Columbia d Augusta Ist mortgage...Income bonds

Wilm Inglou it Heading—lat mortgage2d mortgiige, coupon or registered

Wllminglon it WeMlon—StockSterling bonds

do doSinking fund bonds, gold

Wiseonsin C'eK(cn/—1st mortgage, gold, land grant.Worcester i£ Nashua—^loi:kBonds (.$1 23,000 are 7 per cent)BondsBondsNasbua<so Roeliester—Stock

do do Istm., guar, (for 1^700,000)C\N AL,.

Chesajieakc d: Delaware—StockIst mortgage (originally $2,800,000)

Chesapeake <(.• O/tio—StockMaryland loan, sinking fundUuai-antoi'd sterling loanBonds liaviiif,- nc.\t preference

Detatcare Division—StockIst mortgage

Delaware d- lludson—Stook1st mortgage, registered

do ilo

do doDelwntures <jf 1 S78Mortgage loan of 1894, coup and reg

Jiehigh Coal it ^V«ptf/rt(to«—Steckloan, eonv., coup., gold (assumed 1... & W. Coal Co)iBt mortgage, registeredlut mortgage, registeieil, railroad

'

Mort. loan, g. ($2,310,000 assumed C.RR. of N.j.)I»ando extension, convertible till December, 1877...(Consolidated mortgage, loanGrocnwocHl mortgage, registered

Uonongaheta Naetgation Co.—Stocklut mortgage

3.^

181818

310

Dateof

Bonds

3306DI3

"27

GO386317232

2041381164416090909090909090

XL'S.57

28'"4

188

"di

64181181

30045

4848

1414

6060

148118148148

8383

187118.5.'}

1870187.51871185518581860

18671873187X

1871

18611866186918711872

1873

186618701858

1867

186818701872187018631865

18701870

18681870

1871

18731875

1874

1856

1858

18671869187118731874

187218711872

1862

81x0, orPar

Value.

$500&c100

100

500 &o

100 &o50

500 &c.500 ite500 &o500 A;o1,000

1,600

1,000

500 &c.100 &o,

500 &c.

100 &0.100 Ac.

100

100

500 &0.

50Vario's

25

501,000100

1,0001,0001,0001,0001,000

501,0001,0001,0001,0001,0001,000

501,000

Amount0\itstauding

.$700,0001,800,0007,50,000600,000

2,692,5391,200,000651,000700,000578,839

1,650,0001,500,(K)0526,50082 1,.300

1,100,0001,359,7.50400.000

1,000.0001.000,0004,000,000610,000

2,500,000920,000750,000600,000

1,200,000200.0004O0.0O0300,(X)0300,000600.000875,000

1,000,000l,400,OtHlHOO.tKK)

1,000,0001,200.000350,000

3,200.tM)0600,000

1,2.50,000l,5(!O.100l,45(1.2O0618,700221,100749.000

4,61S,.5001,789,800350,000250,000400,000900,303700,500

1,880,8001,997,8728,229.5942,000,0004,375,0001,699,5001,633,350800,000

20,000,0001,500,0003,500,0005,000,00039:1,000

5.000.00010,218,350

794,0003,.'S81,9632,000.0004,692.500762,77941,550

1,063,000744,000

1,004,300103,000

INTEKKST OR I>l VIIJKNDS.

Rate per WUen Wlicro Parable, and by~ • Whom.Cent.

731a7

66&8

8

"7

7g.4'

74667

7 g.7g.

10888666666686678

- 7

"7'

7iH6 g.7 g.

7 g.7 g.2

6<St77736

36

"e'

5646477777li-J

t'-66g.667746

Payable

A. & O.A. & O.A. & O.\I. &. S.

J. & J.

M. & N.M. & S.

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

Q-J.J. & J.

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

ii.

.t

.t

&.

&.

&&&&

M. &. y.J. & D.

A.'&O.A. & O.J. <k D.J. ^ JM. & N.J. & J.J. & J.J. & J.

I

Various|a. & OIF. & A.I

,

A. & O

J. &DJ. ii J.

Q- i.Q-J.

J. & J.F. & A.J. & J.F. & A.M. & N.J. & J.J. & J.A. & O.A. & O.Q-M.M. A S.

Q-J.Q-F.

.T. & D.J. i!. D.J. & D.J. & D.F. A: A.J. & J.

J. & J.

N.Y., Bull's IIea<l Bai k.N.Y., Del., L. i W. Rk

do dodo do

Bait., R. Oan-ftt & Sonsdo dodo do

Bait., R. Garrett <]c Sonsdo dodo do

Pbiladelpbla, Office.do do

Camden, N.J., Co's Ofllocdo dodo dodo do

Kow York and London.New York, Office of Co.

Atlanta, Co.'s Office.Now York lie Savaimab

do dodo do

Bait., N. Mechanic*' B'kdo dodo doIlagerstown.

Bait., (j'ompany's Office,Bait., N. MeehanicH' B'k

do do

Plilladclphia, Officedo dodo do

New York, J. M. I'ickrellBait., Safe Deiiosit Co.

/ionrfu—Pi-inol-lal, When Due.aioekt—lMKtDividend.

1896April, J 87ft

19001905

Jan. 1 1875May 1, 1873:Sept. 1, 1880-

Mob. 1, 1832May 1, 1903April 1, 1890Jaly 10, 1876April 1, 1891Sept. 1, 1874Mcb., 1883Jan., 189QOct., 1890

Jan. 1, 18861902

Oct. "76 to '91

Oct. 1,Jan. 1,Jan. 1,

Jan.,Jan.,Jan.,Jan.,Jan.,

Jan. 1,

April 1,Jan. 1,

1890.18901890'1890189018951900190218901893180U

May 1, 1900June, 1900

Phila., DeHaven & Bro,do do

London.do

N. Y'., Nat. B'k RepublicBoston, Office.

Worcester, Olllco.do do

Boat., Globe Nat. Bank.do do

Bost., (iioi)o Nat. Bank.

PhlladelpUia, Office,do do

N. Y.

Bait., A. Brown & Sons.London.

Bait., A. Brown & Sons.FbiliidelpUla, Office.

do doN. Y., Bk. of Commeroe.

do dodo dodo do, office, 71 B'way.do do

PliiladelpUla, Office.do dodo dodo dodo do

Pbiladelpbla, Office.. do dodo dodo do

Plttsbnrg, Office.N. Y., N. Bk. of Com'rce.

Oct., 1900Jau., 1902June, 1876

188118861896

July 1, 1901July 1, 18761881 & 1887April 1, 1893Feb. 1, 1895

April 1, 1894

June, 1873July, 1886

187018901885

Aug. 4, 1876-July 1,1878Aug. 1, 1876

187718841891

April, 18781894

Sept. 2, 1876189418841897189718771882

June 1, 191118'J2

Jul}-. 1870July 1, 1887

WallHU Valley.—Thia road w.19 foreclosed nndera 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. Netearnings in lti75, t^ill.OSd.

WashlnyUm City. Virr/in'a illdland & Great Soidh-«rn.—Gross earnuigs year ending Sept. ;J0 187.5,

tl,03:j,!t80; expunsus, *6ri,167; net earuinjs, $(01,-612. The company has been asnisted by Bait. &, O.Coopous on O. & A. .'d, 3d and 4th mortgages areoverdue. The 1st and :itl mortgages placed togetherwere originally t400.00J 1st Us, and |;60U,000 3d 8s,some of wiiich have been exchanged for generalmortgjige bo[ids, but are deposited in escrow only.Interest la in default, and tae pr.:8ident, Mr. Johnfi. Barbour, was appointed receiver in Jnlv, lt!7(i.

(V. a*, p. 15, 5'.)!.)

Western A AUanlie—Thia road Is owned by Stateof Georgia, and leased at gWJOOO por annumJ^esseos have issued the iucome bonds. (V. S3, p.3S.P

Westchester <t Philo'laiiMa.Sei earnings 1874-5,$152,((o7. (V. 33, p, 301)

West J«««y.—Gross earnings, 1S75, $«59,797; ex-penses, $:(,6,5I9; net, $391,287. Net profit aboveiulerest and rentals, $95,089. (V. 33, p. 23 i.)

West VrMomwn.—The company defanl'od on inter-est dne Jan. 1. Isr.',, nnil funded nine coupons fromthat date. The following is fron the olUcial etatc-nieni: Hiiice its organization the company hasie!*n d »4,000,(X)0 gold fli-st mortgage land grantbonds, of which $;i.r. ,50J are oatsUuiding; tfiio,0OJSouthern extension bond^ of which trWCuOO areheld OS collateral security by floating debt creditors;$2,530,000 8 ven percent gold consolidated bonds,«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 heldfor these, as follows: Sou'hern cxtensi.m bonds$370,000; consolidated bouds,tl,471,000; and 300 care;

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.

Western Alabama.— %o\(!i in foreclosure, April 19,

187.5, and bought by Central Ga. and Georgia Rail-roads. (V. SO, p. 398, 405, 445.)

Wexterii Mitrylaiut.—This company was largely as-

sisted by the city of B iltimorc. which has alsobought Its overdue coupons. The only bonds re-maining In default for iuteri'st to their holders arcthe second preferred unendorsed. Annual reportfor Inst fiscal year to September 30, 187.5, showsgi-oss receipts, $293,718; expenses, $194,420; netreceipts, $99,298. The linancial condition Septem-berSO, 1875, was as follovvs; Liabilities—Stock sub-scriptions, $(>8;l,fi:J2; funded debt. $.1,675,000; totalliabilities, $4,473,451. Assets—Cost of old road andappurtenances, $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 ofsecond preferred bonds, i4!k.5no; construction andcqnipment, «57,28S; sinking fund second mortgagecity endorsed, $30,000; ha'ance »36,911—total assets,$4,473,451. (V. 22, p. 207 )

Western JVorth Cir:)ti>ut.—io\Aiji foreclasnre, June33, 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 :imouDtof $1,023 450. $148,000 of branch bonds, and all of$!,2.J0,0Ofl general mortgage bondjs; act earnings187,% $182,059. (V. 22, p. -,406.)

WU lanutoi eft rarAoro.—Road in progress. Norecent financial information.

Wliminqton Columhit <fc X«<)"/«<7.—Leases andoperates the Wil.& Weldon. In i8!4 5 ne. 1 arningswere $18:3.2''", inclttdi 11; profit on W.& W. Couponsof Do-., 1875, are unpaid. vV. 33. p. 15.)

Wilrnin(/ton «ft Re'iHng,—This road was lu prog-ress, and defaulted on second mirtga^je after criias

of 187:^. Default on first mortgage was made April,

1875 Foreclosure pending. (V. 20, p. 358, t88, SSS,647; V. 21, p. 1.37, 592; V. 23. p. 183, 591.)

WUminglon it IFtidon.—Leased December, 1S7S,to Wilmingt n, Columbia & Augusta road at 7 percent on slock. Lessee assumes all liabUities. (V..

23, p. 1 6 )

Wisconsin Central. Defaulted July. 1875, andfunded 9 coupons. Has since b«ilt 100 miles andhas 2H in progress, paid for out of bond s iles sincedefault. i,V. 20, p. 291, 571; V. 21, p. 345, 824.)

Worcester <fe Nashui.—'Set earnings 1S74-5, $178,-330. Guarantees the stock and bonds of Nashua ^Rochester, leased. (V. 31, p. 590; V. 23, p. 645.)

c\y.\v.Chesipe'tke <f Z)«'a!oar«.—Delaware City to Cheao-

peake City, Md. (V. 18, p. 582).

Chesapeake A Ohh.—Qroif receipts, 1875, f473,218,net, $254,175. Paid oa bonds, $2)3,940, (V. 21, p.77.)

Delnjcare Dif—Leased to Leh'gh C. * N. Co., atinterest on bonds, and 8 per cent a year on stock.

Del it Iladsrin Canal —ThU Co., which is amongthe largest miners and can lers of coal, leases the Alb.& Susq. ttuJ ReiLss, & Sar. Uaiiroads. Also endorseebunds of N. Y. & Canada RIS. Annual report for 1876,

V. 2>, p. 4!t9; V. 2;, p. 101, 303.

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. ofN J. assum ;s (in purchase of qnipmcni). $3,3Iil.0Oi)

of the gold I lan duo 18 "T, Icaies the Lehigh & Sns-quehanna 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^.—RecelptOL1075, tl»ti,57S; expenae8,$80,4£7; dividends,^,^1

Page 28: September 30, 1876: Investors' Supplement, Vol. 23, No. 588...nkstirrs' OPTHE COIHIHEBCIALkWVlMMUlCHRONICLE. PUBLISHEDONTHELASTSATURDAYOFEACHMONTH FamishedGratistoallSubscribersoftheChronicle.

XXX CANAL AND MISCELLANEOUS STOCKS AND BONDS. [Sept. 30, 1876.

Subscribers nrlll confer a Kreat favor toy bIvIdb Immediate notice of any error dUcovered In tbeae Tables.

DESCRIPTION.

For explanation of cohinin beadlncs, Ac, see uotcaat tlio bead of tlriit page of tables.

Milesof

Canal.

Dateof

Bonds8'^^^/^ Amo,int

Value.Outstanding

103103103103

327327108

45

85

CA NA E.—4'onllnaed.iforri*—Stock, consolidatedPreferred stockNow mortgage (for $1,000,000)Boat loanPreferred stock scrip dividend

i'ennsy/van ia—Stockl«t niortKage, interest g\iarantoed by Penn. KB

Bchuylkill Xavigalion—Stock, commonPreferred stockJ Kt mortgage, extendedyd mort gageW ortgiige bonds

' Improvement bondsBoat and car loanBoat and car loan

Susquehan n a—StockMaryland loan, M mortgageSusi^ucbanna Caual, common bonds, 3d mort

do pref., 3d. T. W. priority b'dsdo bonds of 1872

TTm'oji—Ist mortgagelti>.>OELt.ANiiUI7S.

Adams Express Company—Stoc\cA.merican JCxprtss—StockAmerican Coal (Maryland)— Stoc)iAttmitic <£• Pacific Telegraph- Stock

i Jtoston Water PowerMortgage bonds (for $2,800,000)

'Canton Improvement Company—StockSterling bonds (sinking rand one-fiftU of laud sales)

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—Stocii1st mortgage (convertible)Ist mortgage, consolidated, convertible'Cumberland Coal aud Iron—1st mortgage

do do 2d mortgageCumberland Coal it Iron Comnani/—StockDunleith d Dubuque Ilridi/e—BomXn sinking fundIllinois <t St. Louis Bridge—Xat mortgage coupon s. fund.2d mortgage, coupon3d mortgage, coupon4tU mortgage8t. Louis Tunnel KE.—1st mortgage sterling, sink, fund

do do 2d mortgage'ilariposa Lan d <t Mining Company—Stooti

Preferred stock —Mortg.ige bonds (for $.500,000)

Ilaryldnd Coo/—StockMercantile rrHS(—Ucal estate 1st mortg.agc bonds.Paeijic Mail Steamsliip Company—Stoik

Bonds, coupon or registered (for $2,000,000)Pennsytean ia Coal—Stock1st mortirage bonds

Producers' Consolidated Lajid li Petroleum- -BtocizPullman Palace Cat—StockBonds, 2d seriesBonds, 3d seriesiBouds, 4tli series . .

.'

'Bonds, sterling debenture, convertibleBouds, delienture

Quicksilver Mining Company—Common stockPreferred stock .

2d mortgage, goldSpring Mountain Coa/—Stock, guar'd 7 p. 0. byL. V. BE..•Untted States Express—8toQ^'Wells, Fargo dt Company Express—Stoa"^''Western Union Telegraph—3Xf>e^

Real estate bonds, gold, sinking fundBonds, coup or reg., oonv. till May, 18S.5, s' f. 1 p. c

Sterling bonds, coup, (sinking fund 1 percent, per annum)'VUhesbarre Coa?—Stock

187618651869

1867

187018831864

1872

1874

18731874

1864187218521869

1868187118711874187518731875

1875

1876

1876

1861

187218751875

$100100

various.various.

501,000

5050

1,0001,000

i',6oo1,0001,000

50

10010025100100

1,00025

£2001,000

500 &c.500 &c.

1001,0001,000

1,000100

1,0001,0001,000r,ooo1,000£200

ibo100

1,000100

500 &c100

1,00050

ioo100

100100

"50100100100

1,0001,000

£100&c100

INTEREST OR DIVIDENDS.Bate perCent;

$1,025,0001,175,000

(1)

236,965103,164

4,480,4053,000,000949,748

3,15r),().50

1,709,3803,990,3921,148,000260,000756,650628,100

2,002,7401,000,0001,320,000325,310250,000

3,000,000

12,000,00018,000,0001,500,000

10,500,0004,000,0001,740,0001,107,500584,000661,000900,000598,000

10,250,000412,000363,000137,000498,000500,000480,000

3,947,0002,000,0002,492,0001,000,0001 ,000,0001,000,000

10,000,0005,000,000

CD4,400,0001,695,000

20,000,000C!)

5,000,000484,500

2,500,0005,826,200298,000434,000996,000144,000598,000

4,291,3005,708,700384,000

1.500,0007,000,0005,000,000

33,787,4751,498,0004,000,0001,030,0003,400,000

WhenPayable

Wbere Payable, and byWTiom.

77

"e3&C. in sc(>0c. in sc

666667

o'6676

234

10 8.

7

"e'g.

6g.21a7666687g-7g.7g.10ag-io

1»373757

2M88

?^-

I'-2&8I4S,

4lia7g-

F. & A.F. & A.

A."&0.F. & A.

J. & J.F. & A.F. & A.Q.-M.J. & J.

J. & J,

M. & N,M. & N,M. & N,

J. & JJ. & JJ. & J,

J. & JM. & N

Q.-M.J. & J.M. & S.

Loh. Val. BB. Co., PliUado do

Bonrf»—Princi-pal, when Due.Stocks—'La»tDividend.

dodo

dodo

Phll.idelphia, Office.Philadelphia, Office,

do dodo dodo dodo dodo dodo dodo do

Fhlla. and Baltimore.do dodo dodo do

Philadelphia, Office.

Aug. 4, 1876Aug. 4, 1876

Oot.Vi885Feb., 1889

JulyVioiOAug. 1, 1876Aug. 1, 1876March, 18971882 to 1907

1895May, 1880May, 1913May, 1915

Jan.Vi'885'Jan. 1, 1878Jan., 1894Jan., 1902May 1, 1883

N.Y.,Compan.v's Office. Aug. 1, 1876do do

New York, Office.

J. & D.

J. &'"J.J. & J.J. & J.M. & N.M. & S,

J. & J.J. & J.J. & J.F. & A.A. & O.M. & N.A. & O.J. & J.M. & a.

J. & J.J. & JJ. & J.

July 3, 1876Mar. 10, 1876

1872Nov. 12, 1872Juno, 1884

London, Brown, S. & Co Jan. 1, 1904New York or London. Jan. 1, 1904

Boston, Office.Ist coup, due Dec,1875.

London.N.Y.,Co.'8 Office, 71 B'y.

do dodo dodo dodo do

New York Offlc*.N. Y., by 111. Cent. KE.New York and Loudon.

do dodo do

St. Louis.Lond.,J. S.Morgan <Sc Co.

St. Louis.

J. & J. New York.

Various New York and London

M. & S.

Q.-F.F. & A.Q.-J.Q.-F.M. & N.F. & A.F. & A.A. & O.A. & O.

J. & J.J. & D.

J. & J.Q.-J.M. & NM. & N.M. & SM. & N

N. Y., Ill Broadway,do do

New York Office.

N. Y.,Farm. L. & T. Co.do dodo dod"> dodo dodo do

N. Y., Company's Office.

N. Y., Company's Ollice.New York, Office.New York, Office.New York, Office.

N. Y., Union Trust Co,N. Y., Treasurer's OfficeLondon, Morton, E.& Co

Pliiladelpliia.

1900March 15, 1876

Jan., 1885Jan. 1, 1897

1879Feb., 1879

Oct. 15, 1875Nov., 1893

1900July 1, 1901Mar. 1, 1886

Jan. iV"l888

Jan. 1, 1886Jan. 31, 1876

In 5 years.Sept., 1869

March, 1886Aug. 1, 1876Aug. 1, 1881July 20, 1876Aug. 15, 1876May 15, 1881Feb. 15, 1887Aug. 15, 1892April 1, 1885Oct. 15, 1878

1879June 10, 1876Adg. 15, 1876July 15, 1876Oct. 16, 1«76May, 1902May, 1900

March 1, 190<>

iforri*.—Leased April, 18 .0, to Lehigh Valley Rail-• roid for 999 years. The lessees assuming bonds andecnp, 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.

RR. which guarantees interest on bonds. An old

mortgage of -90,0(X) is due in 1S87. Gross receipts

18TS, (441,659; payments, including interest,|&c.,• 3138,997.

Schuylkill Navigati'm Comp'ny.—Leased fromJune 1, 1870, to Philadelphia & Reading for 999

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.)

Susquehanna <t Tide Tro<«r.—Leased and operated

«y Philadelphia & Reading Railroad for interest onbonds and half of net earnings.

Union Ojna'.-Stock, »8,907,850.

miSOEliLANEOVS.Jdami 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

cecelpts, $885,916; net, t-9,C16. ( . 28, p. 180.)

Atiaafic <* Pacific Telegraph.—Ot this stock the

^uilon Pacific Railroad holds $2,420,01H). Annual

report V. 22, p. 422.(V. 21, p. 63, 277; V. 22, p. 488,

667; V. 8.3, p. 160.)

Boston. Water Power Co.—Annual report in V. 22,

&4 94. A stock increase of 25 per cent was votedov., 1875. (V. 21, p. 511, 591 ; V. 23, p. 183.)

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-

ling loan. The Company owns $594,000 stock ofUnion Railroad Co. out of $600,000, and giiarauteos

its bonds. (V. 20, p. 314, 546; V. 22, p. 6 1 3.)

Can/ Improvement C%).—Assets April, 1875, $298,-

694; liabilities, $165,009.

Conso'idation Coa'.—Annual report for 1875 in V.22. p. 279, showing gross receipts, $8,618, 178; ex-penses, $1,876,408; net, $"71,776. Oonsol. mortgagebonds are held to retire old bonds. Guarantees alsobonds of tlie Cumberland & Penn., and assumes$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 handsof Messrs. Morgan and Humphreys, trustees. (V20, p. 544; V. 21, p. 349; V. 23, p. 14.)

Mariposa Land A Mining O?.—Assossmont of Jl

?er "hare is delinquent -Tune 3, 1876. (V. 80, p. 477

;

. 22, p. 211, 305, ii28; V. 23, p. 118.)

Pacific Mail Steamship Co.—Change of manage-ment, May, 1876. Report of old Board, V. 22. p.543. (V. 31, p. 40. 207, 231, 2-8, 324, 349, 396;V. 82, p. 42, 857, 281, 305, 363, 513, S43, 691.)

Pennsylvania Cba/.—Tl'.is company operates a rail •

road of 47 miles connecting its coal mines withBranch of Erie Railway and Delaware & HudsonCanal at Hawley. Dividends in 1874 were 45 per centa year. Floating debt, $625,000.

Pullman Palace Car Compo/iw.—Pull report in V.21, p. 467.

Quicksilver Mining Componv.—Annual report for1K<5. with balance sheet, &c., in V. 2J, p. 303. SeeV. 19, p. 584; V.20, p. 141, 429, 538; V. 22, p. 233. 303.

Spring Mountain Coal Company.—This is guar-anteed 7 per year till 1885 by Lehigh Valley RR.

Uniteit Stales Bxpress.—'Sew stock of $1,000 000issued. (V. 8.', p. 159; V. 83, p. 87.)

Western Union Telegraph.—knnu&l report, V. 21,p. 369. The company holds $7,287,735 of its ownstock, making the total $41,073,410. In May, 1876,purchased control of Southern & 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.)