Ittkste' wmtantOF TIIK

COIHIHERCIAL AND FIi\iiN€lAL CflRONICLE.rUBLISIIED ON THE LAST SATURDAY OF EACH MONTH

Famished Gratis to all Subscribers of the Chronicle.

NEW YORK, JULY 27. 1878.

Bankers and Brokers.

J.S. Kennedy & Co.,

BJNK£BS AND lOEBCItANTS,4 1 CEDAR, C'^R. WILLIAM ST.,

new ITork.

Boy tod sell KAllroad Investment Secarftles. Col-

ect Conpons and Dividends. Negotiate Loans and

draw Bills of Exchange on London.AgenU for the sale of STEEL KAILS made by the

Cambria Iron Company,JOBSSTOWN, PEXN.,

AND THE

Edgar Thompson Steel Co. (Limited),

PiriSBUSaB, PENX.Ali business relating to the Construction and Equip-

ment of Hallroads nndertaken.

R. T. Wilson & Co.,BANKERS AND COMMISSION MERCHANTS,

2 Ezcliaiige Court, Neiv York.

Gwynne & Day,[Bsubllsbed 18S4.] No. 16 Wall Street.

Transact a general banking and brokerage business

m Railway shares and bonds. OoTemment Secnntles

and Gold.

Interest allowed on ileposlts.

Investments carefully attended to.

HilmerSjMcGowan & CoBROKERS IN

FOREIGN EXCHANCiE AND GOLD,63 ITall Street, New York.

(F. O. BOX 2,347.)

Special attention paid to the negotiation of Com

merclal hills..

Grant & Company,BANKERS AND BROKERS,

No. 33 ir A I. li STREET,TRANSACT A OENKRAL BANKING BUSINESS.

STOCKS BOUGHT AND SOLD ON >:l>MMlSSIOJi.

INTEREST ALLOWED ON DEPOSITS.

F. BfTD vK Gbakt. O. 3t. Jons SHisr' eld.

Hatch & Foote,BANKERS, No. 13 tTALI. STREET,

BUT AND SRLi;

OOVKRNMENT BONDS, GOLD, STOCKS ANDMISCELLANEOUS BBCtJRITIES.

Bankcn« and Broker«i. I

STOCKS and BONDSAt Auction.

The onder«ig;ned hold RKGULAR AOCTIONSALEh' of all classes of

STOCKS AND BONDS,oa

WBDNESOAYS AND SATURDAYS.

, ADRIAN H. MVLLER dc SON,

Ho. 7 PINB STREET, NEW YORE.

H. L. Grant,No. 145 BROADtVAY,

NEW TORK.

CITY RAILROAD STOCKS Hi BONDSBOUGHT AND SOLD.

See quotations of City Railroads In this paper

John B- Manning,BANKEU AND BROKF.R,

No. 14 ^Vall Street, New York City.SOUTHEUN SECURITIES

A SPECIALTV.Stale, Municipal anl Railway Bonds and Coupons

boaght and sold at beet market rarei>. Investors ordealers wishing to ouy or sell are invited to communi-cate with us.Member of the New York i^tock Exchange.

Bankers and Brokers.

Trask & Francis,BANKERS AND BROKERS,

70 Broadway SclS Neiv St., New YorkTransact a General Banking Business.

STOCKS, BONDS and GOLD Bought and Sold OdCommission, and carried on Margins.Deposits KecelTed and Intei est Allowed.

t7~ Accounts of Country Banks and Bankers re

cclved on favorable terms.

WAL8TON H. BKOWN, PBJED. A. BBOWV.

Wm. Fisher & Sons,BANKERS,

And Dealers in GovernnientH, Coln^ &;Invetftiueut Securities,

Opposite Second St. 2 SOUTH STREET,BA liTIIWORE, MB..

Purchase and sell Governments and Coin.Gold constantly kept on hand for the supply of Mer-

chants, for duties.Bonds and Setiurltfos of every description bought

and sold on Commlsjiion Orders; w'Jich have directpersonal attention. I

Especial attention is given ;o TnveBtment Securitiesof the higher grades, quotations for which are fur-nished as required.Correspondence solicited

BANKINO HOUSE OF

G. W. Norton & Co.,

CASH CAPITAL $200,000.,

LOUISVIIiliE, KENTi;CK¥.

George Eustis & Co.,

BROKERS,

CINCINNATI, OBIO.

WalstonH . Brown& Bro.BANKERS,

34 Ptne Street, New York.

SPECIAL ATTENTION GIVEN TO THE NEGOTIATION OF

RAILROAD SECITRITIKS.

Foreign Bankers.

P. F. Keleher & Co.,BANKERS AND BROKERS,

No. 305 Olive Street,ST. i^ouis, ino.,

Buy and sell Government, State, County. Townshipand Municipal Bonds. Coupons collected. MissouriBonds a specialty. Foreign exchange bough and sold.

Swan & Barrett,BANKERS AND BROKERS,

200 middle Street,

PORTLAND, niAINE,Dealers la Government, State, County, City and Rail*

road Bonds, Bank Stocks, &c.

Desirable Investment Securities constantly on hand

J.Alden Gaylord,

33 IVall St., New York,DRALKB IK

ST. liOlIIS CITY ic COUNTY BONDSAND ALL CLASflRS OF

INVBaXMKNT & MISCm.I^SEl)U3 SEUURITIBSRefers byrennlasloD to W.B. Klctiols ft Co., Banlten

BanqueCentrale Anversoise,

Antwerp.

Paltl-Up Capital, - 9,000,000 Francs.

HOARD OF DIBECIOBS :

Felix Orisab, President.Alfbrd IIaqdinat (Graff & Maqulnay), Vlce-Pna..1. B. Vox TEE Bkkk (B. Von der Becke).Otto OtiNTHER (CornelUe-Davld).Ehilk de Gott\l.AD. Frank {Frank, Model ft Cle.)

Aco. NoTTEBouM (Nottebohm Freres).Fb. Dbaxis (MIchlcls-Loos)..loH. Das FniiR-iiiNN, .)e. (Joh.Dan. Fuhrmana).l.ofls WKiiEif (Ed. Weber & Cle.)

JCLKS RauntssTBAUCu (C. Schmld ft Cle.)

TRANSACTS A

GENERAL BANKING BUSINESS.

Adolph Boissevain & Co.BANKERS

COniSilSSION IdBROHANTS,AMSTERDAM, HOLLAND.

N. T. Cor.-espondentsv—Messrs. BLAKE BROS, ft CO

Henry S. King & Co.,BANKERS,

45 Pall mail, London, Encland.

Issue CIRCULAR NOTES />««/ c*or«i«, aTmU»*l«

IB aU paru of the world.

Grant COMMERCIAL CRBOIT8 for iu« acaliut

ConsUcnmenU of MercbandlM.

Execute Ordert on ttae London Stock Kxebaaga.

Make Collocttons on all Points. RecelTS DepoMt

and Cnrrwt Accooata oa faToralila «ennB,and do

General London and Forelin Banking Bn«me*a.

KING, BAILLIB & CO., LlTcrpoot.

NEW TORK C0RRKSP0NDENT8.

nessra. WARD, CAUPBEIiL & OO.

INVESTORS' SUPPLEMENT. [Vol. XXVn.

Boston Bankers.

Chas. A. Sweet & Co.,BANKEKS;

40 STATE STREET, BOSTON.

DBALERS IN GOVERNMENT SECU-llTIES, Gold

State, CltTi County asd Railroad Bonds.

Parker & Stackpole,BAN&KRB.ns OKVONBHIRB BTRBKY

BOSTON,

Bar and Sell Western City and0«antr Bands.

earn. Wx. BixLOu. GioBsi H. Holt,Member N. T. Stock Excliange.

Geo.Wiii.Ballou&Co6 WALL 8TRKKT, 78 DEVONSHIRE ST.,

Neiv Ifork, Boston,

BANKKRS AND DEALBKS IN

Municipal Bonds.

Brewster, Basset & Co.,

BANKERS,No. 3S CONGRESS STREET,

Boatoti, mass.

Dealers In Stocks, Bonds, Gold and Commercial

paper.

Orders eiecDted on Commission at Brokers Board

AnctlODS.and Private Bale.

InTestmeat Becarltles coastantlT on hanii.

Phila. &. Baltimore Bankers.

Wilson, Colston & Co.,BANKERB AND BB0KBB8,

BAI.TIX.ORE.IHVBBTMBNT and VIRGINIA BBCURITIBS a

Specialty.Correspondence solicited and Information fur-

Disked.N. 1. COBBKSPONDKNTB—McKlm Brothers A r'o.

J.Bell Austin,STOCK BROKER,

203 WALNUT PLACE (316 WALNUT ST.),

PHII.AJDEE.PHIA.Orders In Btocks and Bonds promptly executed at

he Philadelphia and New i ork JBoardB.

Southern Bankers.rHOS. p. XILLXB, B ». WILLIAMS. JNO. W. MILLBP,

CUAS. B. MILLER.

Thos. P. Miller & Co.,BANKERS,

inOBILE, ALABAmA.Special attenllon paid to collecllons, with prompt

remittances at current rates of exchange on day of^ymeat.Correspondents. — German American Bank, New

Fork; Louisiana National Bank, New Orleans : Bankof Liverpool, Liverpool

K. B. BuRBUBB, Pres't. A. K. WiLKm, Cashier.

First National Bank,WILRIINUTON, N. C.

Collectloni made on all parts of the United States

THE CITY BANK OF HOUSTON,Capital, $S00,000,

Houston, Texas.We Rive special attention to collections on all acces-

sible points.DiBBOTOBS-—Benjamin A. Botts. Pres't ! C. B. Long-

eope, W. J. Hut^hlns. F. A. Rice, C. C. Baldwin, W. fi,Botts, Rob't Brewster. BBNJ. A. B0TT8, Pres't.B. F. WEBM8, Cashier.

=. * <= i~

«. F. Pbkzbl, ( BTATE BANK. } C. T. WaLKBBPresident. (Incorporated iSiS.f Cashier.

German Bank,LITTLE BOCK, ABK.'

CAPITAL (Paid-uc) $7S,000.SCBFLUB 85,000.Prompt attention given to all boslness In oar line.

N. T. CosBxaroNDsxTs, Donnell, Lawsos * Co.andMm MctropoUtsn NsUoul Btak.

California Banks.

The Bank of California, San Francisco.

CiriTAL, Paid up in Gold, $5,000,000.

WM. ALVOKD, President. THOMAS BROWN, Cash'r.

B. MURRAY, jB.,AB8t. Cashier

Laidlaw & Co.,BANKERS,

AGENTS FOR THS BANK OF CALIFORNIA,

No. 12 Pliie St., New York.Receive deposits and transact a genera] banking

buBlness ; execute orders at the N. T. £tock Exchangefor Stocks, Government, State, Municipal and Rail-

road Bonds and Gold.

Particular attention eiven to the pnr-cbase and sale of ]?Ilnlns Stocks In SanFrancisco, for which we have the bestfacilities; also all other California Securities.

Issue Bills of Exchange, Letters of Credit and Tele-

graphic Transfers on London, Yokohama, Shanghai,Hong Kong, Honolulu, Virginia City and Ban Fran-cisco.

T H B

Anglo-Californian Bank(LIMITED),

LONDON, Bead Office, 3 Angel Conit.

SAN FRANCISCO Office, 482 California St.

NEW YORK Agents, J. & W. Seligman* Co.

Authorized Capital, • • $6,000,000.Paid-up and Reserve, - 1,650,000.

Transact a general Banking business. Issue Commcrclal Credits and Bills of Exchange, available in all

parts of the world, t ollections and orders for Bonds.Stocks, etc., executed upon the most favorable terms.

FHEI>'K F. LOW, ) w.„„.„.IGNATZ STEINHART, ("'""**"•

P. N. LILIKNTHAL Cashier.

Financial.

Financial.

A. C. Burnham,(Eetablished 1861.] CHAMPAIGN, ILI..,

OFFERS FOB SALEREAL ESTATE FIRST MORTGAGE

COUPON BONDS,In amounts of fl.OOO and upwards, yielding EIGHT toTEN per cent semi-annual Interest, and negotiatedthrough the houses of

BURyHAM, TREVKTTA MATTIS, CKampataH, III.BVRNIIAM ,t TULLE rs. Council lllujrs, Iowa.BURNHAM A BKYKR, Orinnell. Iowa.BUSNIIAU, OBMSBY it CO., Emmetsburg, Iowa.All these loans are carefully made, after personal

Inspection of the security, by members of the aboveArms, who, living on the ground, know the actualvalue of lands and the character and responsi-bility of borrowers, and whose experience In the busi-ness for the past SIXTEEN YEAHS has enabled themto give entire satisfaction to investors.

A Solid Ten Per Cent.OLD AND TRIED.

Bonds, Btocks, SAVINGS BANKS EVEN, provebHttle reeds. The oil CENTRAL ILLINOIS LOANAGENCY stands unmoved amidst the storm. If youwish Investments ArtdOLUlELY SAFE IN ANYCONTINGENCY, adt-ress. for circular—" Actuary ofKANSAS, MISSOURI & CENTRAL ILLItfOlS LOANAGENCY," Jagkbovville- III.

Wanted MoneyTO LOAN ON APPROVED SECURITY IN

lO^VA, NEBRASKA AND DAKOTA.10 TO 12 Per Cent Guaranteed.

FOR SILE.A Choice lot of Lands In dIfCerent parts of the

West. Also, Western Securities. A Choice Investment. Address, for full particulars.

D. H. TALBOT,General Land, Scrip ani Warrant Broker,

Sioux City, Iowa.Reference.—First National Bank. Sioux City, Iowa.

Albert E. Hachfield,18 WALL STKEET, NEW YORK,

DEALS IK

First-Class Investment Securities,

CITY BONDS OF ALL KINDS,

RAILBOAD BOHDS AXD BOrTBXBH BXODBITIXS OFAU. DBBOKIPTIONS.

W^ANTED.Southern Railroad Bonds, all kinds.Toledo Logansport & Burlington Bonis.Kansas I'aclflc Ratlroa*: Bonds.Vnlon A Logansport Bonds.Indlanapalls A Vinccnnes Bonds.

N. T. Beers, Jr.,

Brooklyn Stocks,

9HGAS STOCKS,WALL 8TBEBT.

UNION TRUST CO.OF NEW YORK,

No. T8 Broadway, Cor. Rector St.

CAPITAL, - . .^T . . $1,000,000.

HAS SPECIAL FACILITIES FOR ACTING ASTransfer Agent and

Registrar of Stock§.Authorized by law to act aa Executor, Administra-

tor, Guardian, Receiver, or Trustee, and Is a

LEGAL DEPOSITORY FOR MONEY.Interest allowed on Deposits, which may be made

and withdrawn at any time.N. B.—Checks on this institution pass through the

Cleartng-House. EDWARD KING, Preeuient.J. M. McLean, I«( Hce-President.W«. Whitewsioht, 2d Vice President.

EXECUTIVE COMMITTEE.J. M. McLBAW, SAMrXL WlLLETO,At;ecsTra Schxll, Wh. WBiTEWEtoiiT,E. B. Wbslkt, Geo. Cabot Wabd.S. G. Williams, Theodobe Roosbvblt.

J. H. OGILVIE, Secretary.

The Brooklyn Trust Co.Cer. of Montagne ft Clinton sts., Brooklyn, N. Y.

This Company is authorized by special charter to act•s receiver, trustee, guardian, executor or adminis-trator.it can act as agent In the sale or management of rea)

estate, collect Interest or dividends, receive registiyanc* transfer books, or make purchase and sale ox OOT*emK tni aud other securities.Religious and charitable Institutions, and persons

unaccustomed to the transaction of business, will findthis Company a safe and convenient depository formoney. RIPLKT HOPES. President.

CHAS. K MARVIN, Vloe-Pres t.RDeAB M. CnLLBH, Counsel.

TRUSTBKB:J.B.Rockwell, Henry Sanger, Alei.McOue,John P. Ralfe, Chas. R. .Marvin, A. A. Low,Thomas Sullivan, AHm. B. Baylls, Henry K.ShddonU.E. Plerrepnnt, Dan'lChauncey, John T. Mamn,Alex. U. White. JoslahO. Low, Kipley Ropes.

Austin Corbin. Ednjund W. Corlles.Wm. R. BUNKER. Secretary

The Safe Deposit Co.OF NEW^ YORK,

(THE FIRST ESTABLISHED IN THE WORLD.)

FRANCIS H. JENKS, PresdH.

140, 142 & 146 BEOADWAT, COR. LIBERTY ST.

RENTS SAFES In Its BURGLAR-PROOF VAULTS,($15 to $300 per annum) ; also

RECEIVES ON SPECIAL DEPOSITUNDER GUAR.4NTEE,

BONDS, STOCKS, MORTGAGES WITH THE BOND,WILLS, PLATE, JEWELRY, VALUABLE PAPERS$1 a year on $1,000 of Bonds, or a tenth of one pr. ct.

E. S. Bailey,7 PJNE STREET.

Dealings in

Insurance StocksA SPJECIA1.TY.

Gash paid at once for the al)OTe Securftles; or tneywl II be Bold OP commlaalon. at seller's option.

Geo. H. Prentiss,

Room 23. 30 BROAD STREET.

CAS STOCKSA BPECLALTY.

Brooliirn Secnritles Bongrtatand Sold

Brinckerhoff^Turner& CoManufactarers and Dealers in

COTTO:^ DUCKCAR C0TERIN6 AND CAR SEATS,

14 to 150 INCHES WIDB,

And all kinds of

COTTON CANVAS, SAIL DUCK, FBI1TIN9DUCK, BAGGING, RAVENS DUCK, SAILTWINES, Ac. "ONTARIO" SEAMLS»S

BAGS, "AWNING STRIPBS."Also, Agents

IJntted States Bunting^CompanyA fall supply, all Widths and Colors slwajs

in stock.

109 DVANE ST., TiKMT YORK.XuuBT A. Brinckishoff, J. SriHoxB Tvana,

HrasT D, FoLHiMUs, Special.

\[kBM ^mUientOP TlIK

COnmERCIAL AND FmANCIAL CUBONICLE.PUBLISHED ON THE LAST SATURDAY OF EACH MONTH

Furnished Gratis to all Subscribers of tlie Clironicle.

(Batarad Moordinc to «et of CoosrsM, In the jeu l9tS, br Wu. B. Dxrfx M Co., la the ofllM of tii« Librarian of Concreu, Wuhlaiton, D. C.t

NEW YORK, JI LY 27, 1878.

INVESTORS' SUPPLEMENTOP TIE

Cnmtnfrnal nnh finanrial Cjiranirle.

Th« Supplement i« iairaed on the last Saturday of each month, containing

a complete exhibit of the Funded Debt of States and Cities, and of the Stocks

and Bonds of liailroad and other Companies.

It Is furnished without extra charge to all regular subscribers of TheCmionicLE; no single copies are sold at the ofBce, as a sufBclent supply Is

printed for eubscribcra only. One number of the Sdfplbmbnt is bound np

with the I'iNAHriAi. Retisw (Annua!) for 1*78.

Transient advertisements are Inserted at twenty-flve cents per line; adver-

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

VVILLIAin B. DANA Sc CO., Pnbllalier*.

79 d- 81 William sireel.

INVESTMENTS IN JULY.

The month of July is usually one of some activity in

investment securities, in consequence of the large semi-

annual disbursements for dividends and interest made at

the first of the month. The present July has hardly

been an exception to the rule, and during much of the

time there has been an active demand for investment

bonds, at advancing pricss. Government securities have

been particularly active, and the sales of 4 per cents, i^

per cents and fives have been large. The demand has

come both from private purchasers and from corpora-

tions, and among other parties it has been observed that

depositors in savings banks after receiving their July

dividends have in some cases withdrawn their deposits

and invested in government securities. The sales

of 4 per cent bonds by the Treasury proceed very satis-

factorily, and it is well worthy of notice that neither the

silver legal-tender law, the general talk of communism,

nor the " greenback -national" conventions have appar-

ently any effect in checking the sales of government

bonds; and this confidence in the United States securi-

ties is practical evidence of a belief that the faith of the

Government with its creditors " must and shall be

preserved."

In State and city bonds there is nothing essentially

new. The Supreme Court in Arkansas adds one more

to the line of decisions against bondholders by declaring,

on technical grounds, that the Levee bonds of 1869 and

1870 are void. The Supreme Court in Missouri, in

deciding County bonds void, makes a vituperative

attack upon bondholders. The U. S. Court in Louisiana

holds the consolidated New Orleans city bonds of 1852

(payable 1650,000 yearly and supposed to have been" iron-clad,") as having no claim to special taxation for

their support. The city of Pittsburg is toying with the

subject of compromise, and testing the endurance of its

bondholders in the mean time by not paying interest.

The effect of all these things is to make bondholders

thoughtful, and to put them upon the old time inquiry

of—What is a safe investment ?

When doubt is thrown upon the stability of general

investment securities, the attention of those who have

saved money is turned towards local investments, and

mortgages on real estate, of which the value is well

known to the lender, should naturally be in demand.

Prime, well-secured, real estate mortgages in city or

country, in the Eastern and Middle States, ought not to

carry over per cent interest, as financial affairs now

stand; and it is hardly necessary to remark that the

present low standard of valuation affords to the mort-

gngee a comparatively safe basis for his investment.

liailroad bonds are in demand, and it is clear that the

improved outlook for railroad property which has

come as a result of the heavy business of 1877-8 has

brought them into favor again. The nie of interest is

tempting, since the standard for first-class bonds is

pitched at 4 per cent by L'nited Slates securities, and

there are very few railroad bonds which pay less than 6

per cent on their par value. The Uncertainties attend-

ing, in some degree, the whole class of municipal bonds,

al>o tend to make investors look for some sort of bond

directly secured on a specified piece of property, and

this they have in case of a railroad mortgage as well as

in a real estate mortgage. We have frequently referred

to the prominent defects in our railroad mortgage bonds,

which arise mainly from the lack of representation of

the bondholders' interest in the control of the road, and

the difficulty of getting a just and speedy remedy after

default has been made; but with these two removed the

American railroad bond, well secured, should become

one of the best investments in the world.

Our Boston correspondent writes that the tone of the

market for bank shares has completely changed. From

being excessively du'l, with a steady depression in prices,

there is now a quick demand, and whenever public

quotations are made they usually show an advance of 3

to 5 per cent. Boston banks pay their semi-annual

dividends in April and October. Manufacturing stocks,

on the contrary, are the dullest of anything on the list,

and even the " high-toned" stocks do not command the

usual attention. The railroad speculation, mainly in

Atchison Topeka & Santa Fe and ite several connec-

tions, which has ruled in that market for several weeks,

appears to have reached its present maximum, and a

rapid decline has now set in. The dividend-paying

railroads generally sell at full previous prices, with an

advance in some. In State, city and town bonds and

good railroad securities the demand is steady and prices

are well sustained, owing to the great abundance of idle

capital and the low rates current on first-class paper."

IV INVESTORS' SUPPLEMENT. [Vol. XXVII.

PR.4.CTICAL CONCLUSIONS FOR INVESTORS.—CoiUinncd.( For JSxpktnahons see Foot-Note.)

COMPANIES,AND CH\KACTKR1STICS OF

OlJTSTANDrSG.

Ogdenslrars & Lake Cliamplain—1 Equipuieut, 8s, 1 87S2 Equipment, 8e, 18793 Sinking fimd, 88, 1890

Oliio & MissLssippi—1 Income and fand. delit, 7e, '822 let consol. mortgase, 7s, 18983 1st consol. mort., fis, stg., '98.* 2d consol mort., Ve, s. f., 1911.5 Debenture, 78, skR. fd., 1883.

.

6 IstM. (Springf. r)iv.),68, 1905Old Colony—

1 Debenture, 7s, 18812 Debenture, 6s, 18803 Debenture, 7s, 1891* Debenture, 6s, 189.5, '96, '97 .

6 Debenture, 5s, 1881Oswego & Syracuse—

1 1st mort., 7s, 1880 & '852 Consol. mort, 78. 1907

Paducali & Eli zabetlitown—1 1st mort., 8s, 18972 Income, 7s, 1896

Panama—1 Sterling mortgage, "s, 1897.

Pennsylvaniar—1 iBl mort, 6s, 18802 State Lien, 5s ($460,000 a yr).3 General mortgage. 68, 1910.-.« Consol. mort., 6s. s. f., 1905. .

.

B Navy Yard mortgage, 6e, 18816 Car Trust, 6s, gold (s. f. 10 p.c.)

Pennsylvania & New York—1 1st mort, 7s, 1896. guar

' 2 2d mort, 78, 1906, guar

Amount ofBonds Out-standing

Philadelpliia & Erie—1 1st mort (S. & E.), 7s, 1897.

.

2 1st mort. (general), 6s, 1881 .

3 let mort. (gen.), 6s, stg., 1881* 2d mort.. (general). 7s, 1888..B $20,000,000 M., 6s, gold, 1920

Philadelphia & Reading—1 Debentiu-es, 6s, 18932 Debentures, 78, 1890 & '93.

3 Mortgage, 6s, 1880 & '86< Mortgage, 78, 1893Mortgage, 5e, 6s & 7s,'80 & '82

6 Mortgage, 6s and 7s, 1911....1 Mortgage, 6e, gold, $& £, 19118 Impr. mort., Os, gold, $ & «,'979 Mortgage, 68, cuar.,$&£,190S

10 Income ($10,000,000), 7s, 189611 Interest scrip, 6s, 188212 Schuylk. N. bd3..68,'95,'13,'1513 East Penn. bonds. 6s, 1888 ..

Philadelpliia Wilmingt'u & Bait.—1 Mortgage. 6s, 18812 Eegistered, 63, '87, '92 & 19003 Ten ye.ir notes, 6s, 1887

Pittsburg & Connellsville—1 1st niort (T. C), 6s, 18892 1st mortgage, 78, 18993 2d mortgage, 68, 1902, guar.

.

* Real est.ito, 6sPittsburg Cincinnati A Bt. Louis

—

1 1st mortgage (S. & I.), 6s. 18842 ist nnn-tgage (N. ]>iv.), 7s, '903 Consol. 1st iuort., 7s, 1900..* Consol. 2d mort., 7s, 1913...

Pittsburg Fort Wayne & Cliic.

—

1 1st mortgage, 7s,. 19122 2d mortgage, 7s, 19123 3d mortgage, 7s, 1 912* Construction, 7s, 1 8875 Equipment, Ss, 1884

Pittsburg Titusville & Buffalo-1 1st mort. (v.ar.), 7s, '82, '90,'962 Consol. mortgage, 78, 18963 Income, &c., 6s, 1896

Portland & Ogdcnsburg—1 1st mortgage, 6s, gold, 1900 ..

2 New mortgage, 6s, gold, 1901.

Providence & Worcester—1 1st mortgage, 6s, 1880 .

2 New bonds, 68, 1897. . .

.

Raleigli &. Gaston—1.Debenture, 6s, 1877....2 1st mortgage, 7s, 1898 .

Rensselaer & Saratoga (D.&H.O—1 General mort., 78, 1921, guar.

Riclnnond & Danville—1 Virginia State Loan, 732 Consol. mort, 6r, 187.5-'90. . .

.

3 General mort, 6s, gold, 1904..1 Sundry 6s, past-dues 1st M. (Piedm't), Ss, guar., '88

Richmond Fredericksb. & Pot.—1 Debenture, 6s, '75, '85 & '95 ..

,2 Debenture, 8s, 18S0 & '903 Debenture, 7s, '75,'80,'8.">,&'95

* Debt certilicatea, 6a &7s, var..

A.$

300,000200,000394,000

174,0006,545,850112,000

3,864,000240,000

1,015,000

390,500150,000

1,692,0003,000,000

50,000

124,000338,000

500,0001,200,000

2,905,000

4.970,0004,572,110

20,000,00029,250,0001,000,0003,000,000

1,500,0001,500,000

976,0002,000,0003,000,0003,000,0008,680,000

1,135,30010,527,9001..5.S9,5002,700,0001,284,000

10,944,0007,037,7309,304,000

19,686,0001,803,0004,528,0002,578,250495,900

262,0002,000,000

60,000

400,0004,000.0005,000,000100,000

3,000,000775,000

6,222,0002,500,000

5,250,0005,100,0002,000,000100,000

1,000,000

2,580.0001.15.5,000350,530

800,0001,591,600

500,000650,000

21,000790,000

1,925,000

000,0001,767.0001,473,000131,300500,000

87,277450,000175,842165.145

AnnualInterestCharge onsaidBonds.

B.$

24,00016,00031.520

12,180458,210

6,720270.48016,800

114,900

27,3359,000

118,440180,000

2,500

8,68023,660

40,00084,000

203,350

298,200228,605

1,200,0001,7.55,000

60,000180,000

105,000105,000

68,320120,000180,000210,000520,800

68,736:95,

189:76:

763:458:561,

1,181,126,271,154,29,

,118953,370000560 '•

730t

264840160210 I

680 '

695754

'

15.7201 50,000

3,600

24,000280,000300,000

6,000

180,00054,250

435,540175,000

307,500361,200140.000

7,00080,000

180,60080,85021,032

48,00095,496

30,00039,000

1,26055,300

134,750

42.000100.020

i

88.3807.878

40,000

5,2363(i,00012,30810,963

Net Earnings.

Total LessAmount. 25 per cent

C.

1875,1876"1877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

187518761877

18761877

187518761877

187518761S77

D.$

183,358169,421176,5,50

863,510842,306867,184

732,729730,353753,8-59

99,162117,332104,357

29,23256,76257,068

1,055,1001,175,6161,071,683

n,304,.39611,087,5618,147,545

539.158608,109663,015

954,616920,547884,175

6,872,659S.112,4364,373,022

1,305,2411,699,0441,252,809

157,860475,961423,833

538,098766,786971,932

3,278,3983,066,6872,864,457

238,920250,191259,164

104,04791,06509,431

241,258230,981239,695

96,11088,70185,750

694,786660,195

323,448438,232292,591

202,248190,176146,203

E.$

137,519127,066132,413

647,633631,730650,388

549,547547,765565,394

74,37287,99978,268

21,92442,57242,801

791,325881,712803,762

8,478,2978,315,6716,110,659

404,369456,082497,261

715,962690,410663,131

5,154,4942,334,3273,279,767

Int'r'st that canbe paid fromnet earnings,less 25 per et

978,9311,274,2,83939,607

118,395356,971817,873

403,574570,090728,919

2,458,7992,.300,0132,148,343

179.19018'/,644194,373

78,03568,29952,073

180,944173,236179,771

72,08366,52664,313

521,090495,146

242,586328,674219,443

151,686143,032109,656

altallall

71,,52071,52071,520

lto3 .177,110ito:! 477,110lto3 477,110

Balance oftotal netearningsover e.aid

interest

all

allall

allallall

337,275337,275337,275

32,34032,34032,340

1 40,0001 40,000

all 203,350all 203,350all 203,350

all 3,721,805all 3,721,805all 3,721,805

all 210,000all 210,000all 210,000

lto4 578,320Ho* 578,320Ho'l 578,320

all 4,713,334ito« 1,929,731ito8 2,949,835

all 169,320all 160,320all 169,320

1 24,000l.fe2 ,S04,0001&3 304,000

UoSlto2Ho^)

allall

all

G.$

111,83897,901105,030

386,400.365,196300,074

.395,4.54393,078416,584

66,82284,99272,017

29,23216,76217,068

851,750972,266808,333

7,582,5917,363,7504,425,740

329,158398,109403,015

376,296342,227305,855

2,1.59,3251,182,7051,423,187

Rejiakks.

1,13.5,9211,529,7241,083,489

] 33,860171.961119,833

234,250 303,8482,34,250 532,536660,790 302,142

955,700955,70095.5,700

altallall

allallalt

allall

ito3all1&2

allaltall

180,600180,600

48,00048,00048,000

69,00069,00069,000

50,56050,50050,560

134,750134,750

236,400284,278118,020

64,.50764,50764,507

2,322,6982,110,9871,908,757

238,92069,59178,564

50,04743,06521,431

172,258161,981170,693

39,55032,14129,190

560,036523,445

87,048153,954144,571

137,741125,66981,701

Formerly leased to CentralVt., l)ut lease failed audproperty reverted Apr., '77.

Net earnings for 8 monthsended Dec. 31, 1877, were$578,123. Interest is paidon Ist consol. bonds, 6 mos.after due. Int. on 3d mort.due since Oct., 1876.

Pays regular dividends on$6,733,800 stock.

Leased to Del. Ijiek & W. forbond interest and 9 p. c. oa'st'ck. Lessees guar, consols.

Re-organization of Louisv.Pad. & Sonthw. Sold Aug.24, 1876, iu foreclosure.

Stock receives 3 per centquarterly.

Earnings include all linesowned and leased east ofPittsb., and represent thebalance before payments toits own bonds and stock.Car trust bonds assumed.

Bonds guaranteed by LehighValley Co. PayslOp. c. ou$3,500,000 pref. stock.

Lea.sed to aud o^rated byjthe Pennsylvania RR. Co.,net earnings beiug paid asrental . The lessees guaran-tee the gold bonds of 1920.

The propositions of March,1877, have been carried outin general, aud, so far as thefunding of the coupons ofthe consol. mortgage andthe Pei'Icionum guaranteedmortg., arc comiilete. Theamount of 6 per cent scripissued for these is $4,528,-000. This scrip is exchange-able for income bonds due1896. Schuylkill Nav. bds.are a.ssumed.

Main route between Phila-delphia and Baltimore. Div-idends on stock, 8 per cent.

Leased to Baltimore & Ohiofor 50 .years, from Jan. 1,'76, for interest & ei'peuses.

Leased to Penn. Company.Lessees pay interest defleits;they also hold 2d mortgageissues taken for advances.

I^eased to Peun. Comp.any,for interest, &c., and 7 p. e.dividends. Total rental for1877, $3,847,732.

The Oil Cr'k & Allegh. R. soldin foreclosure and re-organ-ized as the P. T.& B. in 1870.

In hands of receivor andforeclosure pending.

Floafgdcbt, Sep. 30.'77, was$1,438,000, to pay wUielitlie issue due '97 is nvide.

The roiid h.is licav.y invest-ments in the new Raleigh &Augusta.

Leased by Del. & H. C. Co. at7 p.c. on bds. & 8 on stock.

The Piedmont RR. is ownedby Rich. & Dan. Go. NorthCar. RR. leased at $240,000per annum.

Dividends arcthe Company'sstocks.

paid onfuarantecd

Note—These tables are intended to show the railroad bonds on which interest has been earned by Ihc roads tliemsclces on whUIi the bondsarc secm'ed, aud not lihosc on which interest is paid l>y lessees without being earned. In the first column, giving names aud deseriiition. the smallfigures .at the left .are simply for reference in the B\ibsequent column " F." In the first column of figures, "A," tlto tntal oulslaiulbig amoiinlofionds of the road is given ; in the column " B," the annual interest charge on such bonds ; in the eolunui " C," the Last three years for whicheaniings have been reported are given, the fiscal .year of the company in each case being intended ; the coluinn "D" shows the total amount oftrue net earnings, .after deducting taxes, "extraordinary" expenses, and all such as are necessary to the operation of the road; the column "E"shows 75 per cent of such net earnings, which is assumed as a purely arbitrary basis which wiU make the list " gilt-edgod ;" column "F " showsthe particular classes of interest, in the order of their priority, which can bo paid out of the 75 per cent of net earnings in each year ; the column'G" shows the surplus of total net earninr/n 'those given in colimin "D"), .after p.gying the classes of interest apecifli'd.

iTo be Continued In next " Sapplement."]

STOCK AND BOND TABLES.N O T E 8 .

TbMe tablM are exprwisly Intendwl to he iiecrt In connrctloii with the liiformatlon conccmlniit Invcutment matter*, pnliliehea from woelt to

ireek In tbe Ciikoniclb—to whioli an Inilcx U fiimlHhod tii tho roinarkn at the foot of tbe table*. Annual re|>ort« are In blaok-faoed tifpire*.

A full doKorlptloD of U. 8. Qovemmcut Securities Is published regularly In tlie Ciu<o:(iCLE each montb, m «oon M tbe offlolal "Detit State-

meut" l« iMued.

Prices of all Stocks and Bonds are quoted weekly In the CiiROSici.l!.

The following will give explanations of eiicli column of the tables below:

i>e»crii><iort.—Railroads leased to others will often be found under tho Icssoo's name. The following abbreviations frequeDUy occur, vU.: M. for

"BiortKiiKi'." ». f. for "sinking fund," l.gr. for "land gi-anl,"reg. for" reglstci-cd," coup, for " coupon," Br. for " Branob," guar, for " guaranteed,"end. for " i'ndoi»e<l." , , ,

Dale of /;«;)(/».—Tbe date of Issue on tlio face of the bond Is referred to In this column.mio 0/ A'ua<f.—Opposite Stocks, this means the miles of road ojierated, on which the earnings are based ; opposite bonds, tbe miles corered

by tbe mortgu^e.Sitt or far Viifn*.—These flpircs are dollars, showing the denominations or par value. The figures " 100, Ac.," signify $100 and larger.Kale Per Cent —The interest per annum Is given for bonds, but the iwr eent of latt diridend for stoeks; a means gold; z, extra; i, stock or scrip.When rayable.—J. is, J. stanils for Jan. & July; F. & A., Feb. & Aug.; M. & 8., Mareli & Sept.; A. & O., April & Oct.; M. & N., May A. Nov.; J. &

D., Juno A. Dee.; O.—J., quarterly from Jiiiuiary ; Q.—F., quarterly from Feb.; Q.—M., (juartcrly from March.aoM</», prinetjid/ leAfH rfn« ; SfocA'*, Ja«( dirtaeiirf.—The date in this column sbo

•when the last dividend was paid on ttoekt.bows tue period when tho principal falls due of (xnult, but tbe timo

STATE SECUKITIES.«ab»rrlt>ers »vlH oonrer a great f«vor by gflylig Imniedliite notice o< any error dUcovered In tl»e»e T«ble«.

DESCRIPTION.

For explanations see notes above.

.Atoftamo-Substitntion bonds (A) ($7,000,000).Substltufn b-ds for RR. (B) ($59(>,00<))

.

do for Ala. & Chatt. (C) ($1,000,000)Educational funded debtFumled " oliligatlons "

^rfcaJiTOi-yuiiding bonds of 1869 and 1870...i'unding Honds 1870 (Holford)Levee bonds lor wairants)Old unfunded debt, ineliuling interestTen year li'rts. Aet May 2i».'74Sceured sinking fnnd bonds (Aet. Dec., 1874)To MeniiiliisAr l.ittio Rock Kailro.idTo Little Koek it Koit Smith RailroadTo Little Roek, I'ine Bluffs & N. Orleans RR..To Miss., Ouaehlta & Red River Railroadlo Arkansas Central Railroad.State per i|)

Californ in—Soldiers' reliefState eajiital bonds --

Fimdcd debt l>ouds of 1873Comuclicii(—War bonds, 20 year ) CouponWar bonds, '.'0 year > or

do not taxable. 20 year.. ) regist'd.New bonds, eoupon, 10-20 year

Di»i. of Columbia- Penn't Inip't, gold, coui)Permanent improvement bonds, couponFnnd. b'ds (U.S. guar.,Act8jimc,'74ifeFeb.,'75)Market house bonds, couponWater stock bonds, eouponWash, fmurg, Kld,(ij:6(i0.000 M.&N.,duc 1902).Washington len year liouds (Bowen)Other Washington debt, reg. stockCerponiilon of Georgetown, registered stock.

rioriaa—Stntc bondsConsolidated gold bondsLoan to J.ieksouvillc, Pensacola & Mobile RR.

fleorsiia—Atlantic & Gulf Railroad bondsBonds, aet of Mar. 12, '66 (renewal W. & A.)..

Quarterly golil honds, aet of Sept. 15, 1870..Bonds, aet of Jan. 18, '72Bonds lor funding (Act Feb. 19, 73)

. Bonds to fund coupons on endorsed bonds...Bondfi exchanged for endorsed RR. bonds

lUiiioU—Refunded stock bondsNormal University bondsThornton loan bundsWar bonds

/Bdfaiia— Bonds, short loanBonds, short loanSchool f\ind bonds (non-negotiable)

Joico—War ami defense bondsiran«jK—Bonds, IStil to '()9, funding, ioBonds for various State purposesMilitary loa u

louwiVoift— Bonds for relief of State Treasury .

Bonds in aid of various railroadsLevee bonds—Aet 3.5 of 1805

do Aet 115 of 18ti7do special— Act 32 of 1870

Bonds funding couponsdo to Boeuf & Crocodile Navigation Co. .

.

do Issued to State Penitentiary

Date ofBonds.

187618761876

'18741869 to '70

18701871

1838 to '39187418751869187018701870187018631863

1870 to '72187318631864186518771872187318741872

1871 to '7318721869

1828 to '68

Size orpar

Value.

187118731870

1858 to '66

186618701872187318761877

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

1,0001,000

100 &c.

1,0001,0001,0001,0001,000

50b"&c.

506&c.1,0001,000

100 &c.1,000

500 Ac.

56'&c.50&C.1,000

100 &c.

1.0001000500

500 &c.1,0001,000250&C.1,0001,0001,0001,0001,000

100 &c.18761876

'isoi1861 to '69 100 <tc.

1861 to '75 100 &c.1864 to '65

1853 5001,000

1866 1,0001867 1,0001870 5001866 100 &c1870 1,000

• 1869 1,000

AmountOutstanding

$6,216,600536,000515,000

2,810,6701,000,0001,886,0001,316,0001,986,7731,985,955258,300375,000

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

1,350,0001,353,120

95,500500,000

2,801,000877,000

l,318,.50O1,741,1001,031,0004,000,000670,000

13,743,250150,000431,000

1,810,000279,000736,100251.500350.000923,100

4,000.000800,000

3,000,0002,097,000307,500800,000.542,000

2,298,000224,00023,00086,000

142,300200,000510,000

3,904,783300,000101,175739,000289.00063,.500

284.00057,000

112,00049,00049,50080,00612,000

INTEREST.

nofo When Where Payable and byKate. Payable Wiom.

2 <%c.

52 Ac.

"e

. 667

i6'6

7777

5&8Vg.!«•6 g.6665

?«•

3-6577

V-5, 6, 7-3

676g.!«•

77 g.78766666666767766868687

J. & J.

J. & J.J. & J.

J. A J.

J. A J.

J. &"j.

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

J. &"j.J. & J.

J. & J.J. & J.

J. & J.

A. & O.M. & N.J. & J.J. & J.F. &. A.J. & J.J. & J.J. & J.J. & JVariousQ.-J.

J.'&'j.

J. & J.

F. & A.J. & J.

Q.-J.J. & J.A. & O.J. & JJ. A JJ. A JJ. A J.

M. A S,

J. A JJ. A n,A. & O.VariousJ. A J.

July.J. A J.J. A JJ. A J.VariousVariousM. AN.M. A S.

J. A JJ. A JM. A 8.

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

New York,dodo

Montgomery.N. Y., Union Trust Co.

do de

dodododo

dodododo

Sacramento, Treasury,do dodo do

Hartford, Treasury,do dodo dodo do

N. Y., First National Bank,do doU. S. Treasury.

Washington, D. C.

New York and WashingtonWashington, D. C

dodo

N. Y., Importers' A Tr. B'kdo do

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

N. Y., Am. Exebange Bank.do dodo dodo doNew York.

do

New York, Kount/.c Bros.N. Y.. UonneU, L. A Co.

dodo

dodo

$1.5,000119,000

80,000

Amoimts notfundable, perremrt of Jan.1, 1878.

PriBclMl—WhenDue.

July 1, 1906July 1, 1906July 1. 1906

July 1,1384.189919001900

1884

1899190019001900

AprU, 1900

188318851893

Jan. 1, 1883Jan. 1, 1884Oct. 1, 188.5May 1, 1897July 1, 1891 •

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

Oct. 1.1901 to "031892 A 1902Jan. 1, 1879At pleasure.1879-'84

Jan. 1, 1903

1881aud'l888May, 1886Oct., 1890Jnly, 1892

April 1,1879 to '36July 1, 1896Jan. 1 1S39

VariousJan., 1880Jan., 1880Jan., 1880

Dec. 1, 1879April 1, 1879

July'V,' 18311883 to '841878 to "991884 to '99July, 18931872 to 1906

1886May 1, 1907March 1, 18751886 A '88Jan. 1, 1890March 1, 1909

Alabama.—Th^ State gives 30-vear bonds, datedJuly I, ISTi). bearing i per cent for 5 years. 3 percent for next 5 years. 4 per cent for next 10 year^.and 5 per c,>nt for last 10 years, for old bonds, with,out any allowance for past-due coupons. Ala. &Chat, endorsed bonds are exchanged (for |;l,(X)0,OaO

of the new bonds, class C, which boar 3 per centfor five vears and -I p<;r cent for reniaining 2& years).For railr.ad endorsements the bonds issuedbears percent. An aralvsis of the debt and fund-ing opirati.ins is in V. 54, p 28. There were$-^7itf».rO' of riiiirojid oliliaa'lon** uiiprov ded for inthc'odjusuneni." The value of all taxable propertyIS about tHiO,COO,000; tax rate, 7 mi. Is. Tho as-sessed valuation of ri-al estate in 18;n was 388.871,-812. (V. 2!, p. 31», 40, 397, 623; V. 31, p. 88, 430.)

Arkaiuaf.—T\\(! State Soprcmo Court has decidedLevee boiicis if HiB on I ;87ii invalid Kjtte of tax-ation, 10 mill". The State Is In default for interest,except on the ten per rents of 1-74 and sccircdsinking fund bonds, issned under ihe law of Deeiniber, ls'14. Asscstcd valuailon of taxable iirdnertv$W,095,31.'). (V.ei. p 171; V. 24, p 88, 43 , 4«\ £64;V. 25,p. 161; V. e:, p. '.5, 40.)

Ca/ifomia.-7\\e .State holds intrust for Schooland University funds the *500,U0() Capitol bondsand t3.(Xa,(i(X) of bonds 187;J. Total valuation ofproperty. 1K76 and 1877, was as follows: Real estate,SII-<.8I<),033 in 1877, aealnsc t4.M,9fl0..3.')l in 1876;personal property, tl9g,;M3,292 In 1877, agalnet|13'J,3l7,69j iu I8J6—to'il, $«18,083,315 In 1877,

a 'Ulnst »895,073,177 m 1876. Tax rate for 1876-7.cents ijcr $100.

Conn^tleut.—T^Q debt of Connecticut was all

created originally for war purposes. Assessed va'ueof real and personal property. 1877, (814,406,877;rate of taxation, 1^ mille. (V. 24, p. 38', )

District qf CoiamWo.-The total assessed valneof taxable real estate in 1877 was $97.60:I,8!K); per-sonal pioperty. $2I,i 00,000. The interest on ihc 3-65bonds is pnivided for by Congr, ss. See law of 1378,V. 2i. p 5M (V. 22, p. 131; V. 23, p. 542; V. 2», p3!l; V. 26, p. 599.)

Florida.—IxiS liie sinking fnnd of $1.30,7O0,and J

.

P. and M. lean the total debt is fMS4,U'0, whichdocs not inlude Sl'i2,000 bonds of 13S7, h-ld byIndian Trust Fund. Real and personal piopertyssses-ed in '77 at S80.S '8.3(7: tax rate. 9 mills. TheJ ick-onville Pensacola A Mobile Hit. is in litiga-

t.on. (V. S3, p. 576; V. 25, p. 212.)

Georgta.—The cocstliutional amendment In 1877declared void several iss-a. s of bonds and railroadei d rsements. The "So. Ga. & Florida RR. has$4t>4.iiCOof bonds endorsed, but the Company paysii-tere-t and the road Is estimated to be nearly woithIhe bonds. The total State debt is tlO,90-i ,500. As-ses-od value of property In 1877 was as f Hows:Lands, J88.S'3.514; city snd town property, $51 2 i«,-

'M\; tota , Including personal, iii^.fiSi^.S.^ *, againstt31."i,a').3,';5<) in 1876 and $261,755,884 In tf<75; rate oftax in 1877, five mills. (Sovernor's Message, V. 24,

p. 8». (V. 84, p. 89, 15i; V. 25, p. 188, 162.)'

roinoi*.—There is also about $300,000 of Int.bonds inscribed stock, due Jan., 18,8, yet out.The Illinois (Jentral Railroad charter tax on earn-ings contributes over t,S0O,OuO per year to tho Staterevenue. For i877 the total assessed valne aeequalized by local assessors was: lai.ds, f4MI,704,-984; town sndclty lots, *208,53l,ii.7: total, $892,4;2,-315; total as equalized by State assessirs, $931,-199,308. State tax in 1876, 3'8 mills. (V. 24, p. 40.)

/nrfiano.—There are also $1.W,0C0 of 6 per centwar loan bonds. There has been some qnestlon asto Ihe State's obligation to pay the Wabash & ErieCanal debt. Valuation, 18(7, of all taxable prop-erty, S8w.!30,125, against $864,730,440 in 1878 and8897,73!l,78:i In 1875. Tax rate, 13 mills. A lawpermuting towns to issue bonds was passed m 1875.A similar law was passed for eonntics. (V. 19, p.493, 52B; V. 21, p. 85; V. li, p. 1C4, S09, 615.)

A'an^o^.-Kansas has but a small State debt. hAthe issues of municipal bonds have been large.1'he valuation of real and personal propertyhi 1877 was $136,010,113, against »IS2,!4-«.?»0 in18T6. Tax rate, 6)4 mills for State purposes.State funds hold (610,0% of the bonds. (V. 2U, p. H;V. 34, p. 40.)

LautsKKO.—'nie funding bill passed Jan. %\, 1874scaled tho debt down to t>0 per cent of the face valueFunding was resumed May, "77, subject to 8a pre mCourt decision (See V. 24. p. 5i9). Newbondswervoted fur N. O. A Pac RR. in '78, and their t alidltIs «(a'"ifid by the Supreme Court, but the Oovemo

TI STATE SECURITIES. [Vol. XXVII.

Snbscribera will eonfer a gretU fkTor br sItIdx Immediate notice ot any error dtacoTered In these Table*.

DESCRIPTION.

For explanation see notes on first page of tables.

Date ofBonds.

JjOuUiann—( Contimied)—Bonds to fund floating debt of Stat«do to Mississippi & Mexican Gulf Canal.,do to Northern Louisiana & Texas RK. Codo school & seminary, held by St. Treas..do to N. Orleans, Mol:>ile & Chatt. REdo to N. Orleans, Mobile & Texas RR

N. O. Mob. & Texas RR. bonds, end. by StateConsolidated funded bondsBonds for N. O. & Pacific RR. ($2,000,000) . .

.

Jfatne—War loan bonds i Coup.Bounty loan bonds 1 or

do doI

regts-Municipal war debt assumed J tered.

JfortftoHrf—Baltimore & Ohio Railroad, sterlingChesapeake & Ohio Canal, sterlingRailroads and canalsEastern Shore RailroadBaltimore & Susquehanna RailroadChesapeake & Ohio CanalBaltimore & Susquehanna RailroadAnnapolis & Elkrldge RailroadDefense Bounty LoanDeaf and Dumb Asylum LoanMaryland Ho.spital Loan, 10-15 yearsMaryland State LoanTreasury relief loan, 10-15 years

J<a»»ac/ii(se'W—Back Bay Lands LoanCoast Defense LoanBounty Fund LoanBounty Fund Loan

do do sterlingWar Loan, sterlingTroy <fe Greenfield Railroad loan, sterling.

.

do do home ...

do do sterling..do do sterling.

.

do do sterlingdo do dollar bondsdo do do

Bouthem Vermont Railroad I^anBoston, Hartford & Erie Railroad, slerliug...Harbor I>;inil Improvement (5-203)Danvers Lunatic Ilospitu 1

Lunatic Hospital. WorcesterNew State Prisons, sterling

ISichigan—Two Million LoanWar Bounty BondsSainte Mane Can.al bonds

ifi/iHe»of«—State BuildingLoanStiite Building lo.-in, couponRailroad Bonds (not recognized)

MiesoitH—State bondsConsolidated bondsUniversity and Lunatic Asylum bondsState Bank stock refundingBonds to North Missouri RailroadBonds to Cairo & Fulton RailroadBonds to Platte County RailroadBonds to Iron Mountain RailroadPacific Railroivd of MissouriFunding bondsRenewal bonds, coup., 5-208, (act Mch. 29, '7f

)

Hannitjal & St. Joseph Railroaddo do renewal...

JVcf'ca»Av(- -Bonds (act Feb. 14, 1877) couponHevada—State bonds

Territorial bondsXciO Hampshire—War loan, coupon bonds. .

.

Municipal war loanState bonds

New J«r«ev—War loan bonds, tax freeWar loan bonds, tax free

do do taxableJiew York— I

Cajial debt. IUnder Art. 7, Sec. 3, of Con-

I

stltution, and Art. 7, Sec. 12.

187018691869185718701871186918741878186318631864186818381838

Various.183918371870183918391863

1870 & '7-

1872 & '7618721878

1861 to '6218631863186418641869

1858 to '61

1861 to '63186818711875

1873 to '7418751860

1868 to '691874 &'761874 & '761875-'76

1875186318651859186918731858

1865 to '66186818721874

1854 to '581857 to '591859 to '601854 to '591853 to '59

18741875-6

1857 to '75187418771871187218641872187318611863186418751872187318731874

Size orpar

Value.

Amountoutstanding.

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

100 &c.

500 Ac.1,000

500 <tc,

100 Ac.

100 Ac.

5001,0001,000

500 &c,£100 &c£200

£200 Ac500 Ac.£100

200 Ac.£5001,0001,0005,000£2001,0001,0001,000£5001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001.0001,000

I

1,000 I

1,000i

1,000 I

1,0001,0001,0001,0001,0001,0001.000

100 Ac.100 Ac.100 Ac.100 Ac.100 Ac.

$6,000260,00010,00048,00070,000

2,500,000875,000

11,464.000(?)

385,000307,000

2,330,0002,826,9002,010,0002,502,555155,61531,069

269,000528,355298,43562,605

3,326,750225,000465,000691,291500,000220,000888,000200,000

4,379,5004,000,744999,944554,180966,500

2,952,4005,598,9121,497,980700,000

1,300,000200,000

3,599,024700,000

1,350,0001,100,0001,292,280629,000357,00046,00050,000

250,0002,275,000439,000

2,727,000401,000104.000

1,945,000392.000504,000

1,528,0002,971,0001,000,0004,505,0001,518.0001,482,000549,267160.000380,000600,000

2,206.100500.000700,000900,900595.400473.000

1,562,900847,500

4,302,6002,000,000

INTEREST.

Rate.

67-30868887

66665g.5g-553666666

65 g.5g.5g.5 g.

5 g.

5g.5g.5g.5g.5g.5g.5 g.5g.5g.5 «5g.5g.5 g.5g.67677766666666666668

9»ilA109ifl

6666666g.6g.6g.6g.6g.

WhenPayable

M. A N.M. A S.A. A O.VariousJ. A J.A. A O.

J. a" J.

M. AS.F. A A.J. A D.A. A O.J. A J.J. A J.Q.-J

A. A O.

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

J. A J

J. A JM. AN,J. A J.

J. A JM. A N.M. AN,J. A J.A. A O.A. A O.A. A O.J. A J

A J.A JA JA OA JA J.

VariousVariousJ. A JJ. A JM. A N.J. A J.A J.A J.A DA J

JJJ.JJ.J

J. A J.J. A J.

A JA J.A J.

A J.A. A O.VariousM. A S.M. A S.J. A J.J. A J.J. A J.J. A J.J. A J..1. A J.J. A J.J. A J.J. A J.A. A O.

J. AJ. A

Where jiayable and bywhom.

260,000 1

f

.Amounts not1 fundable,'per report ofJan. 1, 1878.

48,00070,000

2,500,000875.000N. Y., Winslow, L. A Co.

Boston, Suffolk Bank.do dedo do

Augusta and Boston.London, Baring Bros.

do doBaltimore, State Agency.

do dodo dodo dodo dodo dodo dodo dodo dodo dodo do

Boston, Treasury.do dodo dodo do

London, Baring Bros.do dodo do

Boston, Treasury.London, Baring Bros.

do dodo do

Boston, Treasury.do dodo do

London, Baring Bros.Boston, Treasury.Boston, Treasury.do do

I,<ondon, McCalmonts.N. Y., Am. Exchange Bank,

do dodo do

St. Paul, Treasury.do do

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

N, Y., B'k N. America.do doState Treasury.State Treasury.

doConcord or Boston.

do dodo do

Ticnton and Jei'soy Cit}-.

do ilo

do doN. Y., Manhattan Bank,

do dodo dodo dodo do

Principal—Whendue.

May, 1910189919091897

July 1, 1910April, 1911

Jan., 1914

March 1, 1883Aug. 15, 1880June 1, 1889Oct. 1,1889

18901890

1880 A 1890189018901885189018901883

1885 A '89

1887 A 18911887

1888 to 1893May 1, 1880July 1, 1883Jul}' 1, 1883May 1, 1894May 1, 1894July 1, 1889

Oct., 1888 to '90

April, 1890 to '94

April, 1882July, 1891Jan. 1, 1895

July, 1891 to "94

July 1, 1895April 1, 1890July 1, 1900

Sept. 1.1894-96J'lyl.'94-Sep.l,'96Mayl'95-Sep.l,'96Jan. 1, 1895Jan. 1, 1883May, 1890July. 1879July 1,1879Julv 1, 1883Dec, 1887

18831888

July, 1892

1878 to '8S1878 to '891889 to '901878 to '891870 to '87July, 1894

1895-61887 to '95

April 1, 18971881 and '82March, 1887

Sept., 1884 A '89Jan., '92 to 1905July 1, 1879 A '80

Jan., 1879 to '84Jan., 1886 to '96

Jan., '97 to 1902Oct., 1893July, 1887Jan. 1,1883July 1, 1891 JOct. 1, 1892 m

declined to sign them and the qaestion of a manda- I

mos to compel him is decided In his favor. Theassessed value of real estate in 1877 wa8tI.38.164,81T;personal, $.%,4()8,8;35. The gros's revenue in 1377 wasf;l,606,3.')l, and expenses. S'<,Tl!l,41'i. State tax rate,

MX mills. (V. 84, p. 469, 519; V. 45, p. 90; V. in, p.

316, 34*, 4«3, 4T0, 5SS, 6S5: V. 87, p. 41.

1

JfollM.—The sinking funds ($911,4.%), Jsnaary,1878, reduce the total debt to a net amount of$4,962,4(>4. Valuation of total Uxables in 1875,

$255,000,000: tax rate in 1877, 3 mills. For 1878,treaearer advUes 3X mills.

Maryland.—The assessed valuation of property In

1877 was $478,468,023, on which the rate of taxationwas 17)i cents per $100; receipts from railroad,canal and other stocks owned by the State was$190,758. The State has largely assisted canals andrailroads, and holds $4,235,7H "of stocks and bondsranked as productive, leavtn? $6,396,322 of debtwlthoai: any offset: the State also holds $23,360,682ic anprodactlve securities.

Maisachu8ett8,—KM interest on the funded debt ofMassachusetts is paid in coin. The credit ofthe State stands high in London and at home.During 1877 the funded debt was reduced$330,000. The sinking funds in January, 1878,were $10,805,69). The Hoosac tunnel has cost theetate about $17,666,070,inclu(ling Interest paid. Realestate assessed in May, 1877, $1,191,499,228, against$1,262, 142.;!28 in I87i; personal, Including bankehares, $.W3,781,5;4 in 1877, against $537,708,863in 1876. Deposits in savings banks, November 1,

1877, $243,972,325; corporation property above realestate and machinery, $7i,536 016. The loan to B.H. A E. Railroad was secured by deposit of $3,600,-000 " Berdell " mortgage bonds, afterwards ex-changed for N. Y. A N. E. RR. stock, and hadasinkingfundof $1,027,879 January 1, 1873. (V. 23,p. 854; V. 26, p. 40, 623.)

mchlgan.—Ttie debt has been largely diminishedIn the last few years. Assessed valuation of real

and personal property, 1877. $6.10,000,000. and taxrate 2^ mills. Surplus revenue is applied to pur-chase of bonds.

Minnf^ta.—PM the State bonds are now held bythe permanent school fund. Minnesota has refusedto recognize the "State Railroad bonds" of 1858to the amount of $2,275,000. A proposed constitu-tional amendment in 1877 provided for a settlementwith the holder:*, but was defeated by a largemajority. Taxable property, 1875, $218,865,743. ofwhich $45,162,467 was personal ; in 1876, $218,8.')0,744.

of which $45,302,485 was personal; in 1877, $aa0,025,-K18, of which $45,141,659 was personal. State tax,2 mills; tax for all purposes in counties averages17Ji mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 287.)

Jfi«80«H.—The equalized valuation of all realand personal property in 1377 was $610,.558,840.The tax rate is 40c. per $100. To provide for bondsmaturing (^838.000 in 1877 and $490,000 in 1378) alaw of 1875 authorized the sale of new bonds. "TheHannibal A St. Joseph Railroad provides for its

own debt. (V. 22, p. 83, 591; V. 23, p. 135, 397,493; V. 24, p. 171, 321, 542.)

Nebraska.—Ot these the State school fund holds$426,267. Thfre are also $50,003 10 per cent "Grass-hopper" bonds of 1875, due Mar. 1, 1885, Interestpaid J. & J. Real estate in It77 assessed at $37,-976,987; personal at $33,335,591; tax rate, 6% mills.

(V. 24, p. 204.)

Nevada.—The debt of Nevada is hardly more thannominal, as the bonds are principally held in Statefunds.

New HaMpshlre.-The debt of New Hampshirewas created for war purposes, and is being graduallyreduced. The Municipal loan of 1872 was Issued tocities and towns, the proceeds to be applied to theirwar debts. Total valuation In 1876, $199,080,353.Tax rate, $8 per $1,000.

New Jersey —The debt was created for war pur-poses, and is provided for by sinking fnnds,which amounted Jan. 1, 1878, to $1,453,435. Of theOrst two classiis of bonds the principal ia pay-

Personal. State tar.

$307,349,155 •m392,552 314 4 88-80431,280,278 7 41-1S64.52,607,7.32 5 79-120-^147,248,035 9'f437,102,315 8 95-100418,608.955 7i<407,427,199 6.367,911,401 3 11-34

379,4-8,140 3 1-6

able $100,000 per year. Valuation of real propertyin 1877. $119,789,400; personal $123,868,381; total,

$566,a')0,6!i7, against $596,83i,707 in 1S76, and $312.-731,094 in 1875. State tax, 3X milia.

New York.—The following were valuations andtax rate for State purposes iu the years 1869 and1865, and from 1870 to 1877 :

Year. Real Estate.18.59 $t,097,5M,.5241865... . l,1.58,.327,ni

1870 1,.5:12,780,907187t l,,699,930,16li

1872 1,644,379,4101873 1,692,58.3,071

1874.. .. 1.7.50,698.918

1875 1,960,352,70:1

1876 2,108,:i25,872

1877 2,376,852,178 o.d,»-o,ito h i-d

The general fund debt will be paid in July, 1578.and ihe canal debt only, of about $9,000,000. willthen remain. The gross State debt. Sept. 30. 13i7,was $10,9.'*7 614 and town, county, and city debts inDecember, 1875, were $844,079,859. (V. 82, p. 63,471; V. 84, p. 17, 49; V. 26, p. 18, 117.)

North Canyina.—North Carolina is heavily burden-ed with debt, in proportion to her ta-^able property.Total property was assessed in 1876-7 at $148,-564,557; 1875, $152,516,023; 1874, $1.39.953,:i61 j 1873,$143.78:1.813. Iutere.'>t is paid on bonds tssaodto North Carolina Railroad ($2,800,000), as theState holds $3,000,200 stock and receives div-idends thereon. Other interest in default. A fund-ing bill passed the Legislature March. 1875, (SeeCuRO><iCLE, V. 80, p. 336,) but nothing was doneunder it. In New York, bonds are classifledthus : "Old," being those Issued prior to May 1,

1361, coupons on from Jan. '69; " N. C. H. R.''issue of $2,800,000 to that road, coups, on sinceJan. & April, '69; fame "coup, off" have had 7coups, paid; ''funding act '66 carry coups. Jan._

funding act ^68" carry coupons April''69. " New "—authorized before war, except $1,500,000 iu 1868; "Special tax, l8t," carry coup. April'

July 27, 1878.

J

STATE SEOUBITIES. hb«crlb«ra will eonfer • creac Mvor by (ItIbc ImnaeAlatA •(!«« •€ aar error dlaeovarM ! thaa* TaMaa.

nESCRIPTION.

For explanations sen not«8 on first page of tiibloa.

Norm Carolina— RR. nnd Iniprovem't bonds, oldRitllroa<l lUKliuipi'ovomeni bonds, oldBK. and Impruv t bunds, new (not special tax)

(lu do do doPundinc ImndK, since war

do doBefrtstcrcd cortitlcates of literary fundPanltentiary bonds, act Aug, 24, 1808Bpoolal tax bonds

OAw— K«glRt«r'd liHui, payable after Juno, 1881BeKistvred loan, payable after June, 1880

—

OriaoH— Bounty bondsBoiKltKi war bondsWlllanit'tte Canal and JLook

jyniwuiraiiia— Ri'K- Iwnds, tax fr., (red'blo '92).

Inulfnod plants loanCoupon loon (I'xcrpt $53,000 reg.), April 2.

do April 2.Coupon loan (except $41,000 rcK.)»f April 19.

Btockloauot Feb. 2 (registered)

do do (ooupon)do do (registered)

do do (mglstered)do do (registered)

Agrloultural College land scrip

JUtoiie /«Ui>ui—War bondsWar bonds

dodo

totM Carolina—StaUi stockState House stock

do bundsFunding bonds and stuckBlue Kiilgc Kailroad bondsFunding bills receivableFayuicut of interestPunding bank bills

Convcrsiun bonds and stockLand eoniniiftsion InindsFire loan bonds, sterling

do stock, duuiestioBonds—Rcliif Slate TieasuiyReductlim of Public Debt stockConsolidated iKinds, coup. (Funding act)

do st(M^k (Funuiug act)Bailroad endorsements

Jmnewee—New funding bonds, act of 1873

—

Bonds registered, act of 1873Fun<lable bonds aud coup, not yet presented .

Bunds, regl.-^tcrablc, not presentedHeld by K T. University (not to be funded) . .

.

Texo*—KmuUuc Stiitc debt (act May 2, 1871)...Frontier dcr8e,g(>lil,act Aug..'i.'70(red'ble '91)

Revenue dcticicucy bonds, act Dec. 2, 1871..Bonds, act Mar., 1874 (for paying float'gdebt)Vefn Pension lM>nd8, act Apl.,'74, (red'ble'79)Kedempliun of debt, act Aug. 6, '76 '

Yermonl— War loan bonds, couponWar loan bonds, registered

Yirgtnia—Old bonds, '-^ fundal>le, couponOld bonds, 23 fuiulable, registereddo st*^rling, nut re<iuired to be funded

Consol. (Act Mar. '71 ) coup, tax receivabledo do reg., conv. Intocoup...do (Act 1872) " Peeler," cp. not ree'ble .

do do reg., doDeferred cert Ifloates (W. \s\.)

Interest on sterling debt, funded (Act 1871)..Interest unpaid Sept. 30, '77, on debt proper.

Date ofBonds.

1866186818671868

18601856

18701877184018521852185318671867186718671867187218621863186318641794

1836 to '61

1853 to '54

186618541868186818681869

1869 to '70183818381869

Dec, 187318731873

1874Various.Various.Various.

18721871187218741874187618621862

1851 to '661851 to '60

1851187118711872187218711871

Size orpar

Value.

Amountoutstanding,

$500*0.500*0.1,0001,000

100 *c.100 *c.

1,0001,000

100 Ac.100*0.

100 Ac.

1,0601,0001,00050 Ac.

5<X)*c.50 Ac.50 Ae.50 Ac.

1,0601,0001,0001,000

VariousVarious1,00050,*c1,0001,0001,000

500,&o.500,Ac.500,Ac.

VariousVarious

1,0601,000

Various

1,000

1,0601,0001,000100

1,000500,Ac.500,*c.500&C !

Vari's 5

£100 &e100,&c.100,Ac.100,&c.100,Ac.VariousVarious

$1,73H,H003,«3!l,4002,383,0001,695,0002,417,4001,711,400383,04544,000

11,407,0004,072,0402,400,000

26,500130,991160,000

8,000,000400,000395,00087,000

273,0002,556,2.50367,00090,400

9,251.850723,950500,000975,000200,000631,000738,00017,411

289,172192,000238,933469,00072,000

149,000242,350451,00013,000

481,944151,780

7,000241,257

4,023,000149,254

4,797,6086,617,000

16,194,000661,000460,000396,00075,000

697,000500,000

1,000,0001,153,9741,564,000

34,000137,000

6,401,285

2,331,25018,740,8001,483,7152,185,1001,152,800

15,239,370212,833

4,188,141

11

Rate.When

Payable

6 J. * J.e A. * 0.6 J. * J.6 A. A 0.6 J. A J.6 A. A 0.6 J. A J.6 A. A 0.6 A. A 0.6 J. A J.6 J. A J.7 J. A J.7 J. A J.

7 J. A J.5 F. A A.«g. J. A J.5 I. J. A J.

4VW. J. A J.

5g. P. A A.6 P. A A.6 P. A A.5 P. A A.6 P. * A.5 P. A A.6e M. A 8.

6 A. AO.6 J. A J.

. 6 P. A A.3 g. Q.-J.6g- j7a J.6 J. A J.6g. J. A J.

6g. J. A J.

6g. A. * 0.6g. A. A 0.6g. J. A J.

6g. J. A J.

6g. J. A J.

5g.6g. ir-t7 J. A J.

6 J. A J.

6 J. A J.

6 J. A J.

"e J. a"J.

5& 6 J. A J.

5, 514, 656 J. & J.

6 Various7 g. M. A a.

7g. J. A J.

7g. J. A J.10 J. A J.

6 g. J. A J.6 J. A D.6 J. A D.

\ tJ. A J.J. A J.

5 J. A J.6 J. A J.6 J. A J.

6 J. A J.6 J. A J.6 J. A J.

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

INTERKST.

Where Payable and byPayiwillloni.

B-k.

New York,dododododo

Raleigh, Treasury,New York,

doN. Y., American Exch. BHc.

do doState Treasury.do dodo do

Phila., Farm. A Mecbdo dodo dado dodo dodo dodo dodo dodo dodo do

Harrisburg Treasury.Providence, K. I. H. A T. <3o,

do dodo dodo do

Columbia, State Treasury.do dodo do

Columbia and New York.Columbia, Treasury.

Columbia aud Now York.dodedodo

dodododo

London,Columbia.

Columbia A Fls. Agen. N.Y.

New York or Columbia,do do

N. Y., Fourth Nat. Bankdo do

N. Y., Fourth Nat. Bank,State Treasury.

N.Y., DonnelljLawsunA Co,do dodo doState IVeasury.

New York A State Treasury,Boston, N. B. Mut. Red'n.Muntpelier, Treasury.

New York.Richmond, Treasury.

London, Baring B. A Co.RichmoBd, Treasury.

dododo

London, Baring B. A Ct,

Principal—WhenliMli-1Due.

1868 to '081868 to '981868 to '9H1868 to '98Jan., 1900Oct., 1898Indefinite.Oct.. 18981898 to '99July, 1881Jan., 1887

188418801880

Feb. 1, 1903April, 1879July, 1882July, 1882Aug., 1878

Feb., 1877 to '82Feb., 1877t<>'83Feb., 1877-1882Feb., 1882-1892Feb., 1882-1392

Sept. 1, 1832April 1, 1883July 1, 1893Aug. 1, 1894At pleasure.18t7 to '861871 to '80

July 1, 1887 to '97July 1,1875 to '79

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

July 1, 1869July 1, 1868

1888

July 1, 1893July 1, 1893

July 1, 19141875 to 1900

19001875 to 190O

Various.189119111892

March 1,19041894

July, 1906Dec. 1, 1878Dec. 1, 18901886 to "95At pleasure

188619051905

Contingent1905

(t; "Sd"coup.of Oct. '69: "3d" conp. April, 18?0.

(V. SI, p. 570; V. 23, p. 599, 615, 647; V. 84, p. 17, 3S6.)

OAto.—Ohio h.H8 a very small State debt, batlarge local dibts, amounting in 1577 to g3«,3J8,i'

9

against t.36,05!),!»7i In 18T6. Valuations in 187?were : Real cetate iu cities, Ac., $378,44,»,113; other,t706,317,61!i; personalty, $490,5^4.810. Total taxeslevied In 18T7 »4,5->I,a8^ for state purposes, *»mills, aud 12-^975,51!! on all local taxes. (V. il, p.ir.)

Oregon.—The debt Is provided for by sinkingfnnds, payable from land sales. Taxable propertyIn 1875 was asves^d at $41,197,14)); >j mill taxwas laid fur Relief bonds and 1 mill for Bountybonds.

Penrvitjlvant.i.—The new 5 per cent loan of |8,000,-000 was sold to tjike up maturing ooiius. Tot*il debtNov. *i, 77 842,ft4;i.814; available aswts. $»,05J.91O;net debt, $13,'J*1.039. No tax is laid for Statepurposes un real estate, and revenue is raisedprincipally from coriwrations. Taxes are leviedon personal property, which waS' assessed in 1877at ilse,S18,817, and the tax was $.574,817. i^tatc

aipenses have lately exceeded revenue, and sinkingfoods have been diverted to meet the deficiency.The State holds $1,751,33; in stocks and $7,i»(X),IX)0"if railroad bonds. Interest has been paid in gold ontte Stale debt issued prior to 1867, but the bondspaid off in 1877 were paid in currency. Any couponbonds may be changiMl to registered. The bondsdue in 1877 are payable at anv time till 1883; thoseof 1883 Ull 1892. (V. ai, p. 187; V. SSS, p. M; V. 21,p. 4:4,421, 469; V.J6, p. 18.)

'""•»'•

]nod4 /stoui.—The debt was all created for warporposes and is being steadily diminished. Thevaluition of real property in 187G was $185,159,848,•Dd personal, $8e,g9:,938, and tax rate 15 cents ontlOO.

South Oirojino.—The funding law approTcd Dec.9Bi 1873, provided for scaling down the old debt by

fiving new bonds to the extent of 50 per cent, andeclared void the conversion bonds to the amount

of 15.965,000. A committee to investigate bondsand ascertain what consols were properly issuedwas appointed in 1877, and reported January, 1878(V. 26, p. 143), rejecting certain numi^ers of theconsolidated bonds. A court of claims to hear thebondholders was appointed, and met in May, 1878,bat the validity of the law creating the ccuimis-sionerswa! qu^ttioneil in theCouris, and the boarddid nothing. In July, 18.8, Interest was paid onth.isc con>>ols signed by Gov. Chamberlain, whichthe committee hfld to be good; iuterest on bondssigned by Gov. Hampton was not paid. Total valu-ation of all propcrty-in 1876, real estate. #86,187.-130; personal. $;0,.")9f,376; railroad property,$6,847,1)2, makiu" a total of $1.;3 13i,i.38. In 1877total was about $l;i5,73i.863. Rate of taxation in1877, 7 mills. fV. U. p. 199, 445, 495, 543, 557; V. 25,

p. 79. 641 ; V. 26, p. 68, 143. 232, 257, 420, 463.)

Tennessee.—The coupons of July, 1875, togetherwith those of July, 1874, and January, 1875, re-

maining due, were paid in September. 1876.The debt of solvent railroads, January, 1877, was$3,458,145, and total debt, less that amount,$22,852,011, including $129,020 outstanding war-rants and $2,1188,746 past-dae interest, againstwhich $95,631) is owed by solvent railroads. TheState's endorsements for railroads are $1,802,000, ofwhich $1,.560,000 Is taken care of by the roads.Bonds to amount of $75,000 were over-due in 1876,and $80,000 more fall due la 1877; these are fundable at the option of the Leu'islatnre. Laterstatement, V. 25, p. 477. Total valuations in 1877$2 6,0i 0,000; toul in 1878, $278,(K0,53t, against $288,-l'38,.563 in 1875. The rate of taxation was reducedfrom 40 cents on the $100 to 10 cents by the Legis-lature, in March 1877. Tennessee bonds sold inNew York as "old," are those issued before 186*2;

"New," Issued since 1862; "New Scries," the newfunding bonds. (V. 21, p. 87, 813, 614; V. 22, p. 472;V 23. p. 16, 897; V. 21, p. 40, 112, 289. 519; V. »», p.458, 477, 585, 619, 632; V. it, p. 68; V. 27, p. 42.)

Texas.— VoT all bonds, except lOe of 1894, theinterest and 2 per cent of principal yearly are pro-vided for by special appropriations. "The valuationof taxable property in 1877 was about $316,000,000,against $257,6.32,0(0 in 1876. Tax rate, 50. From thelast Comptroller's report, for the fiscal year 1S75-6,we have the following statistics:

Total value of taxable property assessed. $247,682,009Statetax 1,288,249Poll tax 211,034Milc9 of RR. in the State aes'd for taxes. .

.

1,493Value of ralh-oads, Ac $16,577,508!)5,!t50,038 acres Of land assessed at 110,288,629Value of lots assessed In the State 4S,674,I01

(V. 23, p. 452; V. 24, p. SSS; V. S5, p. IIB.)

Vermont.—This State has a very small debt—allcreated for war purposes. Of the registered bonds$135,500 are held for Agricultural College. Thesinking fund, Aug. I., 1876, was $1:15,932.

Virginia.—Tbeoe amounts are exclusive ofbonds held by Literary fund and Sinking fund.I'he Funding act of 1S71 provided tha* coaponsof the funded bonds should be receivable forState taxes. Fdr two-thirds of the old bonds a newbond was issued, and for the other K a deferredcertificate given (as the proportion due by WestVirginia). The act of 1872 amended that of 1871by not allowing coupons to be received for taxes.The sinking fund holds $5,145,271 of State bondsand certificates. All interest overdue Septem-ber. 30, 1877, was $4,188,141, and the to'al principalof debt proper $29,360,816, Assessed value ofreal estate in le76 was $242,758,548. against $K1,-573.611 in 1873. Personalty in 187$, VnfiU^.Tax rate, 5 mills. A case iavolTing the taxationof consols is on appeal to the V. S. Supreme Ooort..\ new funding bill was passed in 1878, which wUlprobably never b« carried oat. (V. 26, p. 286.)(V. 23, p. 599; V. 15, p. 138, 268. 586; V. 3S, p. te,135, 181, SOe, 232, 342, SS», 384, 420, 524.)

iii CITY SECURITIES. [Vol. XXVII. "I

Snbscrlbern «vlll conKr a sreat favor by glrlas Immediate notice ot any error dlacovered In these Table*.

DESCRIPTION.

For explanations see notes on first page of tables.

Albany. iV. r.—Albany & Northern Eailroad I'nRelief of drafted menPurchase Congress Hall BlockCity iniproTcmeutWashlngton ParkNew Po.st OlHce siteHigh SchoolWater stockAddifnal supply ($100,000 (Iiio 1900-3 are 7s)We*t<^rn Avenue iuiproveniout bondsBonds loaned to Albany & Susquehanna RR..

Auqustttt Oa.—Bonds for various purposesCity bonds, tax free

BaiKmore—Consolidated loan of 1890Loan of 1877, reg. stock redeem, at willConsolidated bounty loanExempt bounty loan .".

Public parks (Druid Hill)Park improvenu>nt loanFive million loan to Baltimore & Ohio RROne million loan to Plttsb. & Connellsville RRNew City Halldo dodo do

Consolidated loanCourt house loanFunding loan

doWestern Maryland RailroadJones' Falls

. Valley RailroadPatterson Park extensionWater loan (.-(i'iGa.OOO only are 5s)Endorsements for Western Maryland RR

do do Union RailroadBangor, lie.—City debt proper..MunieipiU loanWater loan bonds, coup. (Act Feb. 22, 1875) -

Euiopean & North American RailroadBangor &, Piscataciuls Railroad

Bath, Me.—City notes

Funded debtRailroad loanAudi'oscoggin RailroadKnox & Lincoln Railroad (.$23,750 each year)

do doBostoK—For city purposes, war debt, &o

do do doBurnt district, sterling loanConsolidated street Unprovem't, sterling loan.Koxbury debt, assumedDorchester debt, assumedCharlcstown debt, assumedMystic water debt, assumedBrighton debt, a.'i.sumedWest Roxbury debt, assumedWater loan, new main. Brookline Reservoir

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

Water works, Roxbiuy, coupon and registereddo Roxbury & Dorchesterdo Dorchester, all registereddo W. Roxbmy & Brighton, all regdo do reg

Additional supply waterVarious purposes, for water worksWater loan bonds, gold, coupon or regPublic park and seliool buildings, registered..Improved .sewerage, registered

iiroo.Vfi/H—Debt of Williamsburgh, local impr'tBrooklyu local improvement loanMount Prospect Siiuare loanSoldiers' aid fund loanThird street improvement loan, localGowanus canal improvement loan, localBushwick avenue do do doSouth Seventh street do do doUnion street do do doFom'th avenue do do do

do do do doWallabout Bay do doKent avenue basin do doNew York Bridge loan, registered and couponBonds for N. Y. & Brooklyn Bridge, cp. or reg.

Dat« of Size orbonds. par

1 value.

Amountoutstanding

185-118641866

1870-'711870-'7718741875

1851 &'521874-'7718771865

Various.1876

Various.18771863186518601863185318531868187018741864

1870187418721872187318721874

1858 to '721874187518691869

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

250 (fee.

500 &e.100 &c.100 &c.100 &e.100 &c.100 Ac.100 &c.100 Ac.lOO&c.i100 &c.100 &c.100 &0..'

100 Ac. I

100 Ac.100 Ac.100 Ac.100 Ac.100 Ac.

lOOAo.100 Ac.

1852 to '641864 to '77

18731869

1860 to '641861 to '691862 to '731862 to '761868 to '73

18581807 to '71

18711872

1868 to '701871 to '74

18711875 to '77

18761872 to '751871 to '741875-'7C1877-'781877-'781859 to '61

1861185718651867186618651866186718621S87186718691870

1876-'78

100 Ac.1,000

500 Ac.1,0001,000

VariousVarious.VariousVarious.Various.Various.1,0001,000

«100Ac£100Ae1,000

Various.500 Ac.1,000

Various.Various.1,0001,000

^ibdAo1,0001,000

1,0001,0001,000

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

$237,00046,000

150,000491,000624,000118,00080,000

250,000900,000165,000

1,000,0001,886,250128,500

7,306,5465,000,0002,211,068410,353555,566185,723

5,000,0001,000,0001,000,0001,000,000500.000930,66192,400

800,0002,000,0001,000,000609,200

1,015,300200,000

3,549,6001,375,000117,000156,000100,000375,000

1,000,000814,000104,588112„500193,000423,000475,000243,000

3,521,80014,2b8,.50O4,997,6033,449,199392,300104,500

1,060,0001,228,000183,641410,000394,000

2,010,000688,000

1,947,273700,00046.5,000375,000370,000100,000648,000366,000

3,452,000550,000143,000138,000213,00090,000

552,000302,000236,000216,000258,000260,000190,00020S,000198,000427,000

3,000,0003,1.50,000

INTEREST.

Rate.

6667

6A7776

6 A766776566666666655666666

5&6666666

C A 7ti

C

6665 g.65 g.5 g.

5, 5^, 67

5 AG5& 66I9 A76'2 A 7

I'-65g.666

5 A6I'-65 K-4H!567676777767777-

6A7

WhenPayable

Where payable and bywhom.

J. A ,1.

Q.-J.Q.-J.

J. A .i.

J. A J.Q.-F.A. A O.M. A S.

J. A J.J. A J.J. A J.Various.1. A J.J. A J.J. A J.A. A O.VariousJ. A JVariousA. A OJ. A .1

F. A AVariousVariousA. A OJ. A JVariousVariousVariousVariousVariousVariousA. A OVariousA. A OA. A O.VariousVariousJ. A J.VariousA. A O,VariousVariousA. A O.Various.V. A O..1. A J.M. A N..1. A J..1. A J..1. A J.J. A J..1. A J.J. A J.J. A J.J. A J..1. A .1.

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

New York.do

Boston, Merchants' Bank.New York.

dodododododo

New York.Augusta.

doBalto., Farm. A Plan. Bank.Balto., N. Mechanics' Bank.

do dodo dodo dodo do

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

do dodo dodo do

Balto., N. Mechanics' Bank.Balto., Farm. A Plan. Bank.BalliniorcKegister's Olllce.Balto., N. Mechanics' Bank.

do doBaltimore,Register's Offlee.

do do

Balto., N. Mechanics' Bank.Baltimore, Franklin Bank.Boston, Merchants' N. B'k.

Boston or Bangor.Boston, Merch'ts' Nat. B'k.

do dodo doCity Treasury.

dodo

t'ily Treasury and Boston,do dodo do

Boston, Treasurer's Otllcc,do do

London, Baring Brothers.do

Boston, Treasurer's Ofllce.do dodo dodo dodo dodo dodo dodo dodo do

lA)ndon, Baring Brothei-s.Boston, Treasurer's Olllce.

do dodo dodo dodo dodo dodo dodo dodo dodo doBrooklyn.

dodododododododododododododo

>>

2

505

;m

oJo

Principal—WhenDue.

May, 1879Jiine, 1880to'84Feb., 1885 to "94March, '79 to 1900Nov., 1910, 11,'12

May 1,1879 to '85Feb., 1881

Feb. 1, 1893-1912Feb. 1, 19121895-'97

1878 to '891900

July 1, 1890July 1,1916Sept. 1, 1893Sept. 1, 1893Sept. 1, 1890Jau. 1,1895Jan. 1, 1890Jau. 1, 1880July 1, 1884April 15, 1900March 7, 1902

1885At will.

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

Jan. 1 '90 A 1900Jau 1, 18951878 to '92

Jan. 1, 1894July 1, 1905Jan. 1, 1894Ai>ril 1, 18991878 to 1879July 1. 18871883 to 1898April 1, 1891

July 1,1880 to '99Feb. 1, 19021878 to '871878 to '97April, 1893July, 18991878 to '841878 to '81 ".J

1882 to '931881 to '941878 to '811878 to '91

Oct., 1878 .

1880 to 1901April, 1901Oct., 1902.'1880 to '991901 to 1903Jan., 19011905 to 1907April, 19061002 to 1905inoi to 19041905 A 1906

Jnne A Oct., 1887Oct., 18971879 to '81

18911887

1885 to '941881

1878 to 901878 to '901878 to '901878 to '86

1878 to '951 878 to '95

187s to 'UO1879

1901 to '241907 to 1912

Albany.—The loan to Albany & Snsqnehannais secured by let mortgage. The valuulion ofproperty in Alb.iny County in 1S;6. by local a.s-

«e89ment, was: Real estate, $47,(139,838 ; personal,$5,30j,15I; total, 152,310,049. In 1»'.6, total equal-ized valuation by State Board, $58,480,770. Taxrate, 249.Augttsta.—Ot this debt, ${iOO,000 was issued for

railroads, and balance for canal enlargemeut,water works, Ac. Most of the debt is held athome. Ta.-:al)le valuation, ftl4,401,uuO: tax rate,$1 58 per $100.Balilnun-e.—Ttits fiscal year of Baltimore ends

now with December 31. imtead <f Oct. 31. Thesinking fund for Baltimore & Ohio RR. $5,000,000Ioani8$i.9.'>?,6;3; West. Maryland Riiboad sink-ing fund, $16i!,180; and the total of all thesinking funds, $8,ii40,411. The Bait. A Ohio RK.pays interest on $5,000,000 loan; Water loan is paidby income of water works, and PubUc Park by CityPassenger Railway, and ont of a total debt of$.34.09J,9ti5, $19,741,853 Is dependent on the taxlevy. The net debt over productive assets is givenat f9,85 ",445, against which are held $4,889,77; ofnnproductive assets. The Baltinore Hun savs ofthe estimates for 1878, that owing to the change inthe fiscal year they will cover 14 months instead of18 raomhi as formerly. The basis of taxation la

$855,000,000. The amount lequirod to be raised,including the floating debt, is t4,879,639. Lees thefloating debt (|l,l79.7i6) the amount required is$3,399,91.1. It is recommended to fund $I,iju0.01)0 ofthe floating debt. The tax rate to cover fourteenmonths is mcreaaed from $1 75 to $1 90 on the $100.St dc taxes having been increased from 17 1< centsto 18Ji cents on the $100, the total is therefore Increased of city and state taxes from $1 93V In 1877to $2 08Ai on the $100, Population In 1870 was 867,-

854, against 812,418 in 1860. (V. SS. p. 589; V. 23, p.514; V. 21. p. 12; V. 85, p. 1.37, 8:14.)

Bangor, j)/c—The valnation of real and pergonalproperty is $ll,06i,Sll; rate of taxation, 8 50 \>et

cent. The loans to European & North AmericanRailroad and to Bangor & Piscataquis Railroad aresecured by first mortgages on ttiose roads.Bath, J/«.—Total 'debt, $1,730,683, of which

$1,513,600 is on account of railroads. The cityholds a i r^t morti;!*ge on the .\ndroscoggln roadfor the debt, and 2d and 3d mortgages on the Knox& Lincoln for its proponioa of $895,0)0 out of atotal of $2,395,000 bonds issued by several cities inaid of the latter road. Unexpended balances ofappropriations and 3 per cent on city debt are ap-propriated annually to the liquidation of the pnncipal. Tax valuation, 1871, t6,<169,480; 1876, $7,281,905.Boston.—The population of Boston in 1870 was

i92.497, against 177,810 in 1860; in 1875 it was, 341.919.Valuation of real property in 1877, including the re-cent annexations, was $481,40fl,300. against $526,14>,-700 in 1876; and ncrsonal, $205,.i92,8BO, against $228,-732,400; upon whicti the rate of taxation is $1310per $1,000, against $13 70 per $1,000 in 1875.The total funded debt April 30, 1878, was $48,457,128,and the sinking funds, bonds, mortgages, Ac,$16,297,245. The following is a comparison of theappropriations granted by the City Council, andincome to be received for the fiscal year endingApril 30, 1879, compared with l'«7-8:

1877-8. 1878-9.Appropriations. .$10,26?,258 $9,.555,892

Income 2,369,100 2,306,950

$7,898,158 $7,'!48,942Percentage 836,916 217,468

$8,135,104 $7,466,410

Placing the tax to be paid to the State at $412,740the tax warrants exhibit the following result:

City and County..State, is;7

1877-8.

.$8, 18 1,104

. 619,119

1878-9$7,466,410

412,710

$8,7M,214 $7,879,150

If the assessed valuatioas are reduced to $663,000,-0) I, the tax rate required is estimated to be nearlythe same as in 187.'. when it was $13'10 rer $1,000.During the last forty years, with three excep-tions, the taxable valnation has shown au annualincrease. (V. 26, p. .39; V. '.i?, p. 40.)

Brookii/n—There are also $27,000 t per centNat. Guard bonds due 1880-81. The Mayor'smessage, January 1, 18i8, made the whole city debtas follows:

Permanent loans... $28,113,500Sinking funds 4,660,747

Balance '.

$2i,452,T58King's Co. debt ( City's share} 3,8»1;180Loans chargeable on specified property . 10,923,000Tax ceitiflcates 2,500,000

Total net debt $40,706,988

—The debt Increased in 1876 $781,623, and in 1877$659,388. Population In 1870, 396,200. against 266,661in 1860. Valuation of property in 1877, by the local

assessment, was $816,481,801 for real estate, and

Jul.* 87, 187a] CITY SEQURITIES. tx

Subaerlbers will eonfDr a great tkyor br BlTlns Immediate notice of anf error dlaeaverMI ta tbeae Tables.

UIOSCKIITION.

Forpx|iIuiialliiiiH hoc iiot«R on flrHt pago of tilblcii

Brooklyn—(Cmitin iie<l)—ProBiMH't riuk liiun, rogl»terod and ooiUHin . .

.

rroNiH'i't I'ai'k limnl>('tk-li>ii*-y littnilK •

Pi'rnimu'nt watiT louu :.........

do doBowernirv fnud bondn, coutlniiouH, local

lUi do 8'tU It'klyn

AvHPiwinirnt fund UondA, vuiitiniioiiH, locitl

('••nlriil anil KnirkiTboiikorav. »ewei' bonds..MonUivai'il IioikIh

Ti'iniMM-iiry t»-x ciTtltlruto.si:iipafo, X. v.—FnniU'il iliiht lionils

liiilliilo ik Jiiiiii'Hto-.vn Kitili'otul

Hiimilo Ni'w York Jk rhilnd«li>Wa RullriMid. ..

WaU'i* works UoitdsWat<M* lioniln, fttniHin ;— ..

I'ark lioiuls (Ml May 17, 1875).....:....Tjix loan h<MiilH

Tax loan liondH, roup<a)nbrUlgr, JIaiw.—City bontlDCity bouilK :

do ...".•....'.,........

do : »....

do .;

do ...: :•.

Mater loan •

doin : : ..............;.....dodo :...

CharUtloii, s. C—City stock< "1 ty boiul.i, I'oiiiHin .'

tire loa ii tiaiiil!i. coniwn :

ConvtTnlou bonds, to redeem past due debt. .

.

Vhtltea, .1/rtss.—Funded debtKiiudcd debt '.

doWater loan

CkUago—SSnter loanWater loanSewerage bonds .'..•.'..'..'.:'.

doRiver tninroreinent bonds;Miinieiiial bondsMiinliMpal anil .Sehiwl bonds8ou(li Park loan (seeurcd on South. Div.)WeM Cliitaao I'ark (sccuretl ou West. Div.) . .

.

Cook (bounty debtCincinnati- Loans to Railroad«.F,A,G;H,I<fe MBonds to 0.& M. RK. lopuri'ha.so wbf. prop.NBonds for ereition of a WorkliouseBonds for Water Works Ci&C3Bonds for Coininon 8elioi>r purposes PBonds to O. & XI. RK. topiuiliase whf. prop. .NBonds for ext. and iiupr. Water W. .0, D. <& KBonds for fnndint; lliiatiug debt : ...A'2Bonds for now Hospital... S&82Bonds for funilinx noatinK debt LExtension anil Improve. Water Works...K &FBonds tg pmeliase Orp'n .^syl. grds. for park.OBonds for seiviTajje RBonds for inijirovin); ( illbcrt avenue UBonds to build Edtrliston Avenue sower B3Bonds for iiiiprovrment WBonds for Walir Work purposes. . . C4&C5General inipnivi'nii'nt W2Cincfnliatl Soutlioiu BK .•

do do .'

do do (it>3,142,000 are gold 6s)Floating debt bonds, couponPark iiiiprovenientWater-works bonds 1)1Hospital binidsStreet iniprovonunt bonds, short

Okre<am(— Water works ($225,000 are 6 p. et.).Funded debt ($100,000 are 6 p. ct.);.I.ake View Park '.

(^anal and I'aiial lixrk

School (*2!) t.OOO arc 6 p. ct.)

House of CorrectionMain sewers, s]>ei'ial assessmentStreet Iniproveiu'ts doStreet oiM'iiings. Ac. doIntlrjuary and River dredgingViaduct (mostly F. A A., A. & O. and J: A D.)

$13,111,215 for personal; total real and persona),tS!»,69«,016, against $2«,ni3,I«) In 18:6. The debtof Kings County, separate from the debt of Brook-lyn, is $4,181,821, of whieh the city is responsiblefor ulueteeii-twentieths. Average tax rate In 1677,tt 17per»inn, against %S Z5 in 1S;6. (V. 24, p. 63;V: SB, f . 358; V. S6, p. JK.)

Bi/jTcto.—The fnndcd debt, .January 1, 1877, wast4.1:i(>,US'<. exclusive of water boifds, and flnatlngdebt, f.3:H.v7:i. In 1875 real and personal propertywcrea8s^s^e<lat J.3i»,968,l03; in 187ii rule of valuaHon chani»i-d and assessment was $111,!».%||05. In1877 real estate wis $91,130.s7a; personaity, 8,8+1.-TWi; total, *9(l,975.67.'5. Buffalo also pays 7-10 (btini?t7M,a90) of Eric county debt. City tax-rate, 1877,lia« on the $l,0(.o. since June 1. 1817. couponbonds have been exchangeable for legisiercd. (V2ip.233, 541; V. a, p. 185.)

Cambrtdg'. Vom—The sinking fiuiiis tuiinuntedto t7!l,38i. December 1, P-7t>. The investments arenearly nil in city bands at. par and stamped " notnegotiable." Only $.V.J.O(X) debt matures before

ISL^ '"1* valuation. 187.5. B<i,6'«,0U: 1877, $.V),-000.600. Total debt, $4,805,175. I'opulaiiun, 1875,

CharitMon, S. C—The bonds of Charleston aremostly licid within the State of Sonth CarolinaThe assessed value of real cttatu in 1817 was $18,>i*i!(,-(i»); pmonal. »7.923,155>ratc of tax, $a tiO per $100.

CJulfa, itfoM.—Sinking fund, $45,800, and $?I,flO0tobe added annnslly. Tax voluailon, 1876, $17 759 .

nao; ratjs $1 w. Total debt, $1,?.'9,400. Popnlitlon, 1875, 20,787.

Date ofBunds.

1800 to "73

1860 to '72

18721887 to '721872 to '70

18701873

1876 to '781853to'7.'i1873 to •7.">

1871 to '731868 to '76

I 1876187618761877

1858 to '0318641863

I9m to '761873-'741874-.')

18661866 to '76

186.51867 to '75

186S>-71

185,3 to '541866

18701863 to '72

1844 to '54185.'>

18681869

1860 to '61

18551847 to '501847 to '481867-'68

18iJ3185318581869186!»

, 18691871

1871-'721871

1872-'7418741876

• 1874187518751876

1854' to '7518.54 to '741872 to '74

1874 to '761864 to '71

18681860 to '76

1876-771873 to '77

Size or I Anionntpar loutstandlng.

Value. I

$1,0001,(KX)1,0001,0001,0001,0001 ,<HM>

1,0001.0001,000

l'.()00

1.0001,0001,000

1,000

500 &v1,0001.000

.50<) Ac500 Ac,500 Ac,1,000

5(K) Ac1,0001,0001,000

1,0001,0001,(H101,000

iJOO.Ac.1.0001.000

500 Ae.1,0001.000

500 Ae.

I'.obo500 Ae.1,0001,0001,0001,0001,0001,000

500 Ac.500 Ac.1,0001,0001,0001,0001,0001,0001,0001,0001.0001.000

500 Ae.1,000

500 Ac.1,0001,0001,000

1,000

$8,017,0001,217,0003Ii),(MK>

n,70C.,<K)01,5 10,.'!001,«70.000200,000

4,74 1,00061S,000812,000

2,!»."i(l,(K)0

2,M7.'2.'i0l.(HI(),(IOO

750,0002,829,382100.000lOO.OOO19!t,4932.12,3S210(!,0(K)lOO.OOO150,000

1.."•97,000689,000514,000100,000698,00055,000

485,000162,000

3,89H,4.5451 ,.500

266,800.">0o,(>00

14!l.0001,170,(KK)100,000200,000880,000

3,660.00087,000

2,550,0002,621,000195,000

3,40'<,0O02,000.000640,000

4,191,,5001,062,000210,000250,000300,00099,000

195.0O0397,500146,500750,00060,000

175,000100,000150,000150,000100,000136,0004.50,000600.000700,000

9,300.0006,000,0001,000.000

50,0O0300,00050,000

307,5001,700,0001,431,000315.000264,000409,000200,000647,2.59

1,335.4411,010,463111,000

1 ,56M,000

IMTKRK8T.

Rate.

76767

7 A57

7 A577

6A777776676555 g.6666666666775 "a676676776777766

7 3-107 3-10

6666

7 3-10666

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

777

7 3-106g. or 7-3

7

•7

7

6 A "7

6 A 777

6A 77

6A 7

VlionPayable

J. &J. It

M. AJ. A

6,6, A 7

VariousVariousVariousVarious.1. A J.M. A 8.

J. A JJ. A J.VariousA. A O.J. A J.

J. A JJ. A J.A. A O..1. A JJ. A J.F. A AA. A O.M. A NQ.-J.VariousJ. A J.

A. AO.VariousF. A AF. A A.J. A J.J. A J.J. A J.J. A J.J. A J.

J. A J.J. A J.J. A J.J. A .1.

M. A N.VariousM. AN.J. A D.VariousJ. A J.M. A N.A. A O.M. A N.VariousJ. A J.VaiiousM. A 8.

M. A 8.

M. A 8.

A. A O.M. A 8.F. A A.J. A D.J. A J.J. A J.M. A N.M. A N.J. A J.F. A A.M. A N.

VariousVariousVariousVariousVariousJ. A J.VariousVariousVarious

Vaiious

Wbere Parable and bfWhoiii.

Brooklyn,dododododododododo

BulTalu and Now York.Buffalo.

BiifTalo and New York.do do

N. Y., (iallatln N. Bk.Biift'alo A New York.

do dodo do

Boston, Bank KedeniptUiudo do

Boston, Treniont Bank.Boston, Bank Kedemptioii

do dodo dodo dodo dodo dodo dodo dvCharleston.

doNow York City.

Boston, N. Bk. Redemptiondo dodo dodo do

Now York and Boston.do dodo dodo dodo dodo dodo dodo do

Chicago.N. Y., Metropolitan BankN. Y., Am. Exchange Bank,

do dodo dodo dodo dodo dodo dodo 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 dodo do

N. Y., Am. Exch. Nat. Bt.do dodo dodo dodo dodo dodo ,dedo dodo dodo dodo do

Prlndnal—WheaBlnal-I>ue

1015to'*41015 to "i4

1881 to 1908

3 years from date.3 yearn from date.

.

3 years from date.1880187.'5

1878-18811878tol89.''>1893 to 18951881 to 1893.1878tol9-2«July 1,1896Prior to 1936

July 1,1878-'8IJuly 1, lS79-'821878 10 1882April 1,1889Jan. 1. 1893

Jan. 1", 18H1 to 'asJan. 1, 1903-1-5Apr.A Oct. l,'84-5

July 2. 1386July 1,1881 to 'Oa

Aug. 1, 1883\pl. 1,1887-189.'5--May, 1889-1891

1878 to '981883 to '84

1890

1 879 to 18831879 to 1895 •

Feb. 17, 1883Aug. 1, 1891-'97

1878 to '97Julyl, '82 to '95July 1, 18801880 to '95

1890 to '95July, 1895 A '96

1881 to '991878to'79

1890May 1, 1880-'92. 1880 to '84

Nor., 1885June, 18881888 A 1389Jan., 1890Nov., 1890

April 1,1895March, 1897 '

1897Jan., 1900

June A Oct.. 190OMarch, 1908Sept., 1899Sept., 1899Oct., 1899

March 1,1886Aug., 1886-'97Dec. 1,1891July 1, 1902July 1, 1902May 1, 1906May 15, 1904Jan. 1, 18"J6

Aug.,'85, '90 A'95May 1. 1906

IS^b'to'SS1878 to '94

1887 to '92

1894 to '96

1878 to '88

1878, '83 & '841878 to '921878 to '84

1878 to '861878-'37

1893 A 1907

CTferiMO.—The total funded debt Jan. 1. 1878. was$13,.3«1,0(X). Old certificates of indebf^dnejs,$4s5,513. Revenue time warrants, $8,7S4,133.Assessed value of real propcrtv, 1877, $113,6!j4,-814; personal, $34,71,5,K«-total, $148,100,148. Taxrate, 1877. •jnil. This is the Illinois State valuation,and the ciy debt is limited to5 percent of that. Adecision of the 111. Siiprenie Court in Feb , l(-78,held the cirtiflcates of debt issued prior to May,1877, as in violation of this and void. A subse-nuent decision held citv scrip of 1877 valid. Of thefunded debt, $4,54(1.000 is on account of theWater Works, which last year yielded an incomeof t84*,a5«.

Year.. Assessed Value. , TaxReal Estate. I'ersonal. Rate.

1^58 $l3,180.ti77 S3.7ll.15l $ ...18.55 ai.llSJ.SlO .Wv5.SII3

!lf5(»...- . !»,»'«,30< 5,843,770h8i0 Sl,l»<.135 5855,.?77

I

"8«* 31,587.545 5,5.5-2,:M0 15 00!ISW «6,495,I16 ll),l47.all 80 00

II8<t7 140,a57.O4n .5I,.^lhJ,«(M 13 00

'1868 174,5*5,1410 .Vi.i)3«.46» 14 0011869 211,3 1,240 5l,fiM,(>10 15 00IflO. •W1.841.li00 .52,3(2.9,511 15 001871 1B«,898,6.50 53,81s»20 10 001878 239.54.890 4.5.0.(2.54.1 15 001873 2«'2,«i<),f«) 4», 103.175 18 0018:4 258..M9,310 4.5.1.55,8.30 18 00l'i"5 l'i6,4()K,Uil5 4S.2«ft,ii41 18 001876 131,222.4«)0 :«i,815,7|s 18 001677 ll',W4314 S4,71.5,8M

Population In 1870 was 336,605, and In October, 1878,407,Blit, against 109.2B0 In 1860. The 80. Park, WestChicago Plirft, and lincoln Park loans are not

debts of the city, but of distinct corporatioos.In July, 1871*, coupons on West Park bonds we^e

'

Kaid in Chicago, instead of New York, and at theolder'scost for expressage, Ac. (V. 2:5, p. 62i;

V. 34, p. 44:3; V. 26, p. 198, 289, 436, 522.)

dndnnali.—la addition to the issues abovenamed, there remain several smaller amount.^, as fol-

lows: $108,000 58. November, 18S4; $S«,OG0 , YY2, AO.) 6s, 1886-88; $17,000 6s ((J.), Nov., 1890; $27,00068 (A.), Mar., :.b97; $.50,000 (112.), Aug., 1897: J.50,000(Z.I, Nov.. 18S8. By the census of 18T0 |)o;)nlation

was 216,2.39, against 161,014 in 1860. Ta.t rate for

1877, $29 10 per $1,000. The following tajle fromthe books of the Auditor of Hamilton County.Ohio, exhibits the assessed valuation of the city ofCincinnati in the year 1860 and from 1810 to 1877:

Rate taxPersonalestate.

$31,411,81257,.370,754

56,9.34,014

55,461,410(>4,16«,4«068,718,SS4

58,521,7.30

58,809,06650,609,872

—The city is the sole owner of the stock of theCincinnati Southern Railroad, which Is leaded to acompany formed to operate it. (V. J3, p. S79, 514;

V. 24, p. 11; V. ao, p. 16; V. 26, p. 884, 469, sa.)

CJem/ami.—The valuation of property for tawtlonin 1ST7 was $51,732,029 real, and $lll.29«.122 personal

;

tax rate, 1878, 17 17-20 mills, of which 8 1.5 mills arelevied for Interest and sinking fund. The sioklnK

RealYear. estate.

1860.. $61,620,9041870.. T8,7!)6.4t«i

123.427,888119,621,836121,479,200123,2:51.790

125,9:6,815

1876.. 127,143,9001877.. 1'28,S20,2;0

1871

1872187318741S75..

Total pervaluation. $1,000.$93,032,7IB $17 46136,107.236 31601H0.381,»S2 UK175,084.a!>.. 10 10185,648,740 23 06181,950,074 28 38184.498.565 98 82lS3,9B2,9li6 27 04179,4!)0,142 29 10

CITY SECURITIES. [Vol. XXVII.

Subserlbers ivlll eonrer a creat (kror bjr kItIus Immediate notice of any error dIaeoTered In these Tables.

DESCRIPTION.

For explanations see notes on first page of tables.

Date of Size orbonds.

Ipar

ivalue

Amountoutstanding.

INTEREST.

Kate.Whenpayable

Where payable and bywhom.

Principal—Whendue.

Cleveland—( Conlinuedj—BondsBonds

Detroit, Mich.- Bonds for various City purposesBonds for Water Work Co., on city's credit. .

.

Public Building stoclf (City Hall) bondsPublic sewer bonils

Elisabeth, X. .T.—Improvement bondsFunded debt bondsSchool House bondsMarket House bondsConsolidiited improvement bondsBonds due 1905

FallRiver, Mass.—City notesCity bonds

dodo

Water loandodo

FluMburg, Mase.—C\iy notesCity bondsWater loan

doOalveslon, Texas- Bonds for vaiious purposes. .

.

Limited debt bonds (sinking fund 'J per cent).Galveston County bonds, G. C. & S. F. RR

Bartford, C'o«H.—Water bonds ($50,000 due'81)Water bonds

dodo

City bonds (H. P. &F. RR)Paak bonds (4 of these bonds are for $500 each)Funded debtCapitol bonds

Botgokf, Mass.—City notesCity bondsWater lo.inRailroad loan ($60,000 are J. & J.)

/ndtanajmU*—Bonds to railroadsBonds to Un. RR. Transfer Stock Yard Co. . .

,

Ix>an bonds, series Ado do Bdo do Cdo do D

Purchase-money bonda—Southern ParkSchoolbonds—By Board of School Comm'rs. .

8<'liool lo.in, coup/er«ey C«y—Water loan bonds, mostly coupon.Water loan bonds, mostly coupon

do do doForty-yearbondsImprovement bonds

do doUorean street dockCity Donda, couponFunded debt bonds.Hndson City bondsBergen school loan bonds

do sewerage bondsdo Improvement and water bondsdo bounty loan

Greenville street improvement bondsTen-year bonds, coupon or registered

Lawrence, JJa««.—Funded debtFunded debt

doWater loan

Lewulon, 3fe.—Citv bonds ($25,000 each year)City bonds ($.50,000 each year)

do ($110,000 due 1885, $210,000 1891)Lewiston & Aubuni RailroadWater bonds

LouitMU, Ey.—FoT JetTersonville KB. stock.

.

Subscription to stock of L. & N. KBWater works

doFor improvement of streetsKe-eonstructing streetPublic buildings and institutionsPublic school and school housesSewer bonds

doXlUzabeth <b P. RailroadWharf propertyJail bonds...

1

18771878

1855 to '59

1855 to '761859 to '711872 to '741871 to '741870 to '751872 to '731865 to '661875-'76

1860 to '7418771876

1871-'74187418721873

1869 to '7018771873187418741875187418731877

1852 to '671869 to '73

187718731871

1872 to '74

1870Various.1872

Various.186918691869

Various.Various.1876

1859 to '641862 to '75

18741873-'75

$1,0001,000

1,600

1.0001,0001,0001,0001,000

Large.lOOO&e.1,0001,0001,0001,0001,000

1.6001.0001,000

1,0001,000

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

I'ooo1,0001,000500

1,0001.0001,0001,0001,000500

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

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

Variousl.OOO&cl.OOO&cl,CK)0&cVarious500 ito.

5066&C.5000&C1,000

500 &c

18521854

1857 to '671873

1866 to '671873

1871 to '731853 to '70

18681871

1868 & '73'54,'62,3,

8

1868

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

$213,000200,000141,400

1,501,000600,000340,500729,500767,00090,00066,000

2,477,000(1)

430,500268,200600,000400,000300,000372,000850,00050,000

400,000300,000100,000505,300306,000414,000250,000125,000475,000202,000500,000130,000300.000

1,000,000227,000243,000250,000226,500155,000500,000300,000300,000300,000200,000109,500100,000100,000

1,163,0003,109,800255,000622,000

1,866,0003,433,000125,000921,000500,000171,050150,000400,000152,000103,000249.000150,00091,700

133,000262,000

1,300,00050,000

100,000320,000224,000500,000143,000392,000

1,335,00076,000

201,000600,000650,000202,00081,000

425,0001,993,000293,000134,000

66777777777

"7

5,6,7

6667

661081066666666

6& 7667667'37-37-37-37-3856767777

6.fc7777777775I3

666666656667677667766

M. & S.

VariousVariousVariousF. & A.Various NVarious]VariousVariousA. & O.

New York.do

N. Y.. Metropolitan N. Bk.dododo

Y., Farmers'dodododo

dododo

. & T. Co.dodododo

Sept. 1, '78, to '86

18981878 to '891878 to 19061879 to '911892 to '941878 to '811880 to '95

1881 to '931878 to '861885 to '96

VariousVariousF. 4 A.M. & N.M. & N.M. ,t N.F. & A.M. &. N.J. & J.J. & J.J. & J.VariousM. & S.

J. & J.

J. & D.J. & J.

J. & J.F. & A.J. & J.F. & A.J. & J-J. & J.VariousA. & O.J. & J.

A. & O.Jan.

J. A J.

& J.dc J& J.& J&. J.& O

A. & OJ. & J.VariousJ. A JJ. & J.M. & NVariousJ. & J.VariousJ. & J.VariousJ. & JJ. & JJ. & JVariousJ. & J.

J. ADVariousVariousJ. A J.A. A O.J. A J.J. A D.J. A J.J. A J.A. A O.A. A 0.A. A O.VariousItf. A SVariousJ. A J.VariousVariousJ. A JJ. A DVariousVariousA. A O.

City Treasury.do

Boston, Revere Bank.Boston, Bank Redemption.

do dodo dodo doCity Treasury.

Boston, Merchants' Bank.do dodo doGalveston.

doNew York.

Mcrohauts' Bank, Boston.do do

Phoenix Bank, Hartford.City Treasury.

Suffolk Bank, Boston.Merchants* Bauk, Boston.

City Treasury.do

City Treasury,dododo

City Treasury.N. Y., Wiaslow, L. A Co.

do dodo dodo dodo dodo dodo dodo do

N. Y., Merch. Ex. N. Bauk.dododododododododododododododo

dododododododododododododododo

Boston, Tremont Bauk.do dodo dodo doCity Treasury.

dodododo

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

N. Y., Bank of America.do do

I.«ui8vllle.

N. Y., Bank of America.N. Y., Bank of America.New York and Louisville.[.oulsvlUe, City Treasurer.N. Y.. Bauk of America.

do doLouisville and New York.

do do

1878 to 18881878 to 1891Aug. 1, 1894May 1, 1895

Nov. 1, 1878-1880Nov. 1, 1892-1906Aug. 1, 1899-1905Nov. 20, 1882July 1,1893July 1, 1891

July 1, 189.''>-1906

1874 to '9519071906

Junel, 1879 A '81July 1, 1881

July 1, 1890-'93Aug. 1, 1900June 1, 1891

Aug. 1,1882 A '84Jan. 1, 1893Jan. 1, 18971878 to 1888Oct. 1, 1889Jan. 1 , 1900

Jan.AApr.l, 1694Jan. 1,1889, to '90

Jan. 1, 1897July 1, 1893July 1, 1894JiUy 1, 1894JiJy 1, 189SJan. 1, 1899Oct. 1, 1878Oct. 1, 1882

Jan., 1879 to '951899 to 1913July 1, 1907July 1, 1913May, 18911892 to '94

June 8, 1900Various.

July 1, 1896Vartous.

Jan., '98 to 1900July, 1889

July 1, 1879 A '89Varlouii.Various.

June 1. 18861878-18841878 to 1892July 1,1894

Oct. 1. '90, to 1906July 1, 1878 A '82Junel, 1883 A '88July 1,1885A1901July 1, '93-1913Oct.l,'97-1907-'17

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

1891, '92 A 19031883 to '89Julj-, 1898June. 19011888 A 19031878 to 1898Oct. 1, 1898

fund, Jan., '76. amounted to 81,700.(XX), market value.The sewer, street improvement and street openingbonds are for special local improvements, andredeemed by assessments on the property bene-fitted.

Detroit, Mich.—The amounts of bonds outstandingare given lees those held bv sinking fund. Thepopulation in 1870 was 79,ti01 ;"in 1874, by State cen-sus. lOl.Og:). The value of waterworksis $i,483,880,against a debt of $1,551,000. The water works bondsare issued on a pledge of the city credit, and $75,000per year collected in taxes to pay intercHt on them.Assessed valuation, 1877, real estate, $71,359,605;personal, $22.849,770-total, $93,709,375, which is

m&de on the basis of true value, but prior to 1876assessments were on basis of 30 per cent of realvtlne. Tax rate, $0 93 8-10 per $100.

Mizabelh,N. ./.—Total debt of the city of Eliza-beth Jan. 1, 1878, was staled at $.5,:180,U00, as fol-lows: General debt, $2,950,000; assessment debt.$2,480,000. Estimated true value of real and per-sonal property, $.32,000,000; assessed valuation,$16,000,000. Tax rate is $2 50 within the lampand water district, and $2 10 outside. Populationin 1875. 25,000.

Fall River, Mass.—Tbe sinking fund amounted totl43,0t8, January 1, 167T. The water works arenow completed. Total debt, $3,5i7,047. Popula-tion, 1676, 45,.340.

. FUchJturg, i'lMS.—Sinking fund, $89,500. Tot»ldebt, $894,993. Tax valuation, 1876, $11,711,888.Bonds all coupon. Population, 1875, 12,289.

Gaiveston, Texas.—The total city debt Sept. 1, '77,was t8til,400, of which all are 10 per cent, currency,'except $35,000 park 8s, due 189M902,and the limiteddebt bonds. (V. 2S, p. 283.)

Hartford, Cbnn.—Total debt; April, 1878, $3,050,-

003; net. after deducting resources, $2,152,100. laxrate in 1877, 9X mills for city, and 8X for town pur-poses; for 1878, 8>4 mills for city is recommended.

Holyoke, Mass.—Bonds all coupon, but can beregistered. Sinking fund, SU.OOO. Total debt.$96^,500. Tax valuation, 1677, $9,399,830. Popula-tion, 1875, 16,260.

Indltnapolis.—'TYiii assessment of taxable prop-erty in 1877 was $55,367,315; taxes for that year,

$620,112, or a levy of $1 12 per $100. The bondsto Union RR. Transfer Stock Yard Co. are securedby mortgage on the property. The School B,^ardis a distinct organization from the city, createdby a separate act of the Legislature; levies its

own tax, which is collected by the City Treasurer,but is included in tax rates and amount aboveS'ven. There are a few other small issues, amount-g in all to about $50,000.

Jtrsty CT<y.—The total bonded debt of the city,

April I, 1877, was stated at $14,737,4.'')0. The sinkingfund was $770,000. Assessed valuation, 1877: JerseyCity, real $54 581,869, uereonal $6,0 3,150; Hoboken,real $14,016,900, personal #1,449,400; Bayonne, real

$5,183,'2,56, personal $159,:7,». Population by Statecensus in 1875 was 1!6,883, against 89,000 by U. S.census of 1870. (V. 22, p. 521.)

Lawrence, Jf(M». -Total debt, $1,87J,6.')0, of which8300,000 matures in 1877, No sinking fund. Taxvaluation, 1876, $28,901,598; rate, 1-90, Population,1874, 34,916.

Lewhlon, Me.-ToU\ debt, $l,2OJ.9O0: assets,$118,507. The railroad bonds w«ie issued to buildthe Lewiston A Auburn RK,, which is owned bythe cities of those names.

Louisville.—The funded debt, January 1. 1878,

exclusive of loans piy ble by railroad-, was$8,182,000, against $-',258,0.fl January 1, 1877, Ofthe $8,18J,000 there is payable out of the sinkingfund $3,6o4,fiOO; payable by special tax, $4,518,000.

Populitiiin Dy cenras of 1870 was 10J,750, atiainst

68,018 in 1880; now eitimsted upon the basis of 7 to

a voter makes 120.000, Assessed value of propertywas highest in 1874, being then $r8,29,j,114; in 1878 it

is $63,194,437, Rate 01 taxation for all city purposesin 1877 WIS $2 25 on $100 in each district. The fol-

lowing figures give the assessed property valuation

for the past nine years. For 1870, $70,806,712; 1871,

$76,845,995; 1872, $77,156,642; 1873, $77,215,372; 1874,

$78.2<«,114; 1875, $75,536,81i; 187i>, $71,849,774; 1877,

i63,5i2,!t47; 1878, $63,l't4.487. In order that this

shrinkage in values may be better understood, the

following table is added:

1874. 1876. 1R78.

Grounds* impr'ts.$62,918,921 t56.38i^964 $48,770,596

Merchandise 9,696 40! o.%l,l!iO 7,213,601

Residuary 5,664,930 H.8!>7,733 6,614,321

Personalty 7l4,8i« 509,9^5 595,969

The Mayor in his message. May, 1578, saya that the

ttoatinc debt. Jan, 1, 1878, was $I,0:?8,654, less

8;«l,'-02 of available tax bills. He says s'so: "Ideem it entirely appropnate to state here that thebonded deiit is really $316,000 leas than the amountabove quoted, as the sinking fund has purchased to

date i9r b per cent and 18 7 per cent bonds, iu all

31S bonds of $1,030 each, which they hold as an in-

ves'inent. This would in reality reduce the l>onded

debt to $7,867,000. As assets against this liability

ihe city pwn» every share, except two, of the water-

works; nearly $1,000,000 of gas sf'Ck-, « 1,00 1,000 ofNashville Rlt, stuck, »t 40c,. or $400,000; whsifproperty, Ac, Ac,"

July 27, 1878.

J

CITY SECURITlEa

Robaerlbera will oonftr a creat IkTor br (tvlnc Immadlata notlea araajr arror 41a«ovar«4 la thaaa Tafclaa.

DESCRIPTION.

I>y>r explanations see notes ou flratpngeot table*

I.niii»rill<\ Ki/.—tConlinueii)—Koroia llttbllltleD

do doIxinlsvillc, New Albany- A Bt. !. Air Lino RR.ChanKoof gauge, LoiildT., Cln. A Lex. RRRood bf'il do doCity bonds pay'ble by RR«.(m0Rtly L.& Nash.)

l.inccll, .1f(t*«.—City notesWatIT notOSWatiT iKMids

Lunn, Mats.— City notesWiittT notes «...Wat4»r tuindsKundod debt«.ity Hall and Briiool House

Uiitithrtlrr, .V. //.—Cltv liondsCity lK)udH ($70,000 '1884. $10,000 1885)

doWater bonds ($100,000 each yo«r)

do do doBower bonds ($S,000 1878, "80, '81, '?3, "8.'^)..

Hunt'ook Valley UailroadMemphU, 7rnii.—School and paring bondsPost boudsFunding loan, goldMlssis-si ppi River Railroad bondsEndorsement Mcnipbls A Little Root RRComproniiso l>onds, couimu

Aft/wauAM^—Re-ad|u8tment bondsfleneral city bends

do doWater bonds, coupon

do registeredllinntapolui, Jfi«n.—City bondsCity bonds

do ...'.

Western divisiondodododo

JfoMle— Funding tuinds (act March 9, 1875)SashnUe, renn.—N.i8hville i Cbatt. Railroad.Various lity bonds

JTewar*:—Bonds, city purposes (s. fund of 1859)War bonds, tloiitiuK debt.&o. (s. firnd of 1864)Public scUool bondsClinton Hill bonds, coup. &. reg. (s. fd. 3 p. o.).Corporate lionds, eouj). or rc).'.(iKt Apr. 21,'76)Sewer and improvement bonds (local liens). .

Aqu«duct Boanl bondsTax arrearage bouds

Neie Beilfoni, .I/u«*.—City bondsCity improvementWar loanWater bondt

dodo :

Seui Uattn, Oonit.—SewerageCity HallCity railroad ($20,000 payable each year) ...

.

(^ntv bouds (10-20 bondslV.(M4can«—Consol.debt ($650,000 pay'bley'rly)RatlroaddebtWaterworks loan of 1869Beren per cent funding loan of 1869Seven i>er cent funding loan of 1870JetTerson (3ity (debt assumed)

. Whai^ impr. bonds (assumed by lessees)Street ini provemcn t bondsConsol. gold bonds (gen'l and drainage series)Ten per cent bonds, deficit and old claimNew prtMnium bonds (in exchange)

JTcieton. iluss.—C'tty bonds and notesWater loan ($600,000 6s, balance 5»)

Jfeie ForA-—Water stockWater stockOoton water stockNew CVoton Aqueduct stockAdditional new Croton AqueductCroton water main stuckCroton Reservoir bonds

,

Ooton Aqueduct bondsCroton water pipe lK)ndsCent. Park fund stock ($275,000 only due '98)Imprt>vcmout Imnds

Date OfBonds.

18691870 to '74

18711871

1871 to '7.3

1851 to '631852 to '751871 to '76

1870

1876^'':i-'5

1871-'l-'61862 to '76

1857 to '67

1867 to '681867, '8, '9

1870

1857187718611871187618721872

18751849

1870 to '7

18751878

1876-'771861-'74

1875

l'8761867 to '761872-'74

18771852

1854-55186918691870

57, '67, '701870187118721871

1864t<)''751875

1841 to '6318'

1846 to '691865-6

1870 to '771871 to '771865 to '741866 to '70

18691857 to '59

1874

SIse orpar

Value.

$1,0001,0001,0001.0001,0001,000Large.I>ance.1,000

lArge.Large.1.0<X)

500 Ac1,000

500 Ac.1,000

1,0001,000

500 Ac.1,0001,0001,000

10,0001,0001,000500500500

1,000500ryOO500

1,000100 Ac.1,0001,0001,0001,0001,0001,0001,000

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

1,0001,000

Various.

l.OOOAc1,000

100 Ac.1 100 Ac.100 Ac.100 Ac..500 Ac.500 Ac.100 Ac.100 Ac.100 Ac.100 Ac.

500

Amountoutstoudlng.

$86,000605,000500,000107.000350,000

1,,508,000521.000510,<KH)

1,300,000530,000471,."itK)

4.50,000387,5(K>44,'2«)0

117,00080,00070,000

2m),0004<K),0()040.(X)037,500

I1,300,000

341,00060,000

300.000900,000350,802242,000100,000429,000

1,171,000250,00070,00050,00060,000

124,1500110,000115,000125,000

1,785,122214,000

1,155,00073,000

1,890,000500,000400,000700,000

2,500,0003,030,000646,000179,600223,000148,000100,000400,000200,000499,00060,000

200,000150,000

4,389,000791,000323,900713,8.50450.20098,000

430,00030,000

227,000388,200

11,358,100387,000771,000

2,411,000500,000

2,900,000250,000

3,614,0004,521,000970,637490,000450,000

3,341,071.500,(X)0

INTKRE8T.

Rate.

677776

5 to 76, 6>3

66,76,76

5, 5I3, 65,66666666

6

6g.67657777888108787666

6A 76&7

776777

6,76556776656657787-37-37g.105

5, 6A 6«95 A65 A 66A 75 A6

65, 6A75, 6 A7

66767

WhenPayable

Where Parable and by Due.

J. A D. LoulsvlUe and New York. 1880Various do do 1880, '94 A 1901M. A 8. N. y.. Bank of America. Sept., 1891

Feb. 1,1880P. A A. do doJ. A J. do do July, 1901 A 1903Various New York and Louisville. 1881 to '93Various City Treasury. 1H78 tol894Various do 1886 to 1894M. A N. Boston, Bank Redemption. Nov. 1, 1890Various City Treasury. 187Stol890Vai lous do 1H7H to 1890.1. A J. Boston, Bank Reputillc. Jifly l,'01-'94-'96

1H79 to 1896Various Treas'y A Bost. Bk. Rcpub.Various do do 1882 to 1890J. A J. City Treasury. Jan. 1.1880-1894A. A 0. do April l,1884-'85

May 1. 1893M. AN. Suffolk Bank, Boston.J. A J. do do July 1, 1890-'95J. A J. City Treasuiy. 188t-'»2-'97-1912J. A J. do July 1,1878 to '85F. A A. do Aug. 1,1878 to '97

J. A J. Memphis. , J1873 to 19021873 to 1900

H. AN.

J. A J.

Nov., 1900

Charleston, 8. C. July. 1872J. A J. N. v., H. TalnuHlge A Co. 1907J. A D. Milw. and N. Y.,A.Goettel. June 1, 1891J. A J. do do Jan. 1, 1901J. AD. do do June 1,1896J. A J. do do Jan. 1, 1902J. A J. do do Jan. 1, 1902J. A D. New York, Park Nat. Bank. Dec. 2, 1892F. A A. do do Feb. 2, 1894M. AN. do do May 1, 1905

1881 to 1885Various do doJ. A J. do do 1886 to 1900J. A J. do do JuIy,'91-'96-l»02F. A A. do do Feb. 1,1801 A '99M. A N. do do Nov. 1, 1901M. A N. Mobile, Mob. Savings Bank N»v., 1905Various New York. 187.5-77-79Various New York and Naehvillc. 1870 to '96Various Newark, City Treasury. 1877 to '93Various do do 1878 to '91

A. A 0. do do April, 1888, to' 31July 1, 1895J. A J. Newark, Meoh. Nat. Bank.

F. A A. Aug. 1, 19081879 to '93M.A S. Newark, Mech. Nat. Bank.

Various do do 1876 A 189'.J

F. A A. do do 1886-'87A. A 0. City Treasury. 1879 to 1889A. AO. do 1891 to 1910A. A 0.A. AO.A. A 0.

1878 to 18841900 to 19041885 to 1909

A. A 0. 1883 to 1909A. A 0. City Treasury. Oct. 1,'91 A 1901J. A J. do July 1, 1831A. A 0. do Oct. 1, 1877 to '86J. A J. do July 1,1887-1397

July 1, 13921874-5 A 1894

J. A J. New Orleans.Various doJ. A J. do Jan. 1, 1899M. A 8. do March 1, 1394J. A D. do June 1, 1395Various do 1887 to 1897J. A D. do Dec, 1880P. A A. do Aug. 1, 1911Q.-J. New York or London. July 1, 1922

A. A 0.

Various

New Orleans. April 1, 1881

City Treasury.Boston, Comm'uwealth Bk.

1879 to 1895J. A J. July 1, 1905

1879 A 1880Q.-F.Inter't is payable at CityComptroller's OtBce,

M.A N. Nov. 1,1902Q.—F. 1883 A 1(!90Q.—F. New Court House, ex- Aug. 1, 1884Q —'F cept such int. ou the Aug. 1. 1900M. AN. ' gold l>onds an is paid i

abroad, and that is

Nov.l,19O0A1906Q.-F. 1907 to 1917

iSan.payable at Messrs. 1007 to 191

1

Kothschild's in l<ou- 1880

mI'a N.don. 1887 A 1898

1879

Principal—Wboa

XotHttfJIfiU'.—All the notes held by eavlngsbanks. Wster loan sinkin.' fund, $69,967. TaxTaloation, 1878, t3»,-98,460; 1677. »39,345,ajt). ToUldebt, »«,33I,(X)0. PopiilatioD, 1875, 49.6«8.Lynn, Jfoiw.-Total debt, ti asft.OOO. Sinkin«'

' fnnd. |liifi,47.i. Tax valuation, 1870, $20,!.27,l;5.PopnUtion, 18T5. .'tt.tiOO.

kancKMtr, .V. //.—Total debt, 81,019,491; assets,$88,367.MemphU, TVnn.—The city has been In dcfanit for

sterect since Jim. 1, 1878. The total flosiing debtJuly 1, 1877, was $2,005,974 of which $735,«S) wasoverdue hutreet. and there were nominal assets(anpald Uies, Ac 1 to balance this of $B,1 13,690.The circular »f ,Fuly, 1877, urging the city cred-itors to accept the pronosilion had the follow-ing: "These new bonds are ei>|)e<'ialiy valaable,let, bee UM thy ai.d the coupons are madereceivable In payment of all taxes and demandsof the city, and thi" feature is expressly made» part of the contract with the Dondbolders;ad. It is part of the contract, and irrepealaiile.that the citv shall not issuf any more IwndsThcananal levy if tjixes for all purposes will ofcourse exceed the smount cf the annual interestcoupons on the c bonds. Hence the intcretHsassured at all events,' even if hy inevitable mi-for-tune the city should fail to pay ihe interest inmoney. The proposition is to ifsnc the new com.promise bonds in exchange for the present Ind.hi-edoess (including interest on past due indebted-Bess) at SO cents on the dollar. For judgments theLepislalure authorizes the payment of 65 cents"To April. 7i<, $1,800,1(00 Bid boeds had been fundedAssessed valuation ,of .fealflstate; 18T5, $19,*»,600;pmoaal. about »6,5no.(>00. ' Tax ratiT. ^ per ilOo!Fnnlatlon In 18T0, 40,830. (V. «3, i>. 379; V U oJW; V. 85, p. 114.)

'^'

MUwaukee.—The city cannot issne debt beyond 5per cent of its average assessed value for five years.In I87ti, valuation was $.')8,;43,42< real, and $I4,9:il.-

763 personal property; tax rate in 187.5, 2s.tK mills.Sinkl g funds are provided for all the bonds.There is also about $47,000 scnp issued to settleold railroad bonds. Population by State census,1875, 101.000. (V. 'A p. 622.1MlnneapoHs, ^nn.—Total debt, $971,500; tax

valuation, 1876, (21,834,078; bonds all coupon.MotfU«,~The valuation of prorsirty in 1877 was $11,-

(^i,049 real estate and $6,118,462 personal property;tax rate. 1 6-10 per cent. Interest was m defaultfrom July, 1873. A settlement with bondholders wasoffered by Act of March 9, 187.'S, viz.: $510 In 6 percent bond for $1,000 of the old 8 percent. The .5

per cent bonds have a lien on city revenue, andexciiange for these was offered at 7 > per cent oftheir face. Up to Jan., I87i*, there had beensettled, of old bonds, all except $12,101 of oldbonds. A, B A O ; $56,6 of bonds D. K & F; $.3s.-

500 88 of 1871 ; $IA(i00 of Mob. A (St. Northern KK.8s; $1«.(KKI wharves 8s; $300(0 Mob. A Ala. GrandTrunk Ss; and $1,51.00.1 Mof. A North western KR.8s. Also about tM.5 000 overdue interest on theseissues. A mandamus was issued from the U.S. Cir-cu t Court, and the Auditor's report i^ays that• unscrupulous bondholders succeeded in grindingout of the poverty of our people the satisfaction oftheir claims." Popalatlon about 38,00*. (V. 90, p.303.)

NOithciUf, TTe/m.—.M the close of the fiscal vear,Sept. m. 18*7, there were $121,800 of past-due bondsand $I7<i.«IO unpaid coupons. The total debt was$1,671. .160. Assessed valuation of all property, about412,000,000; tax rate. 1877. 2 per cent.

Ntuiark.—Tiie bonds in the first line In the tabicarc payable out of the sinking fnnd of 1880, which

amounts to $113,66.3; those In second line out ofsinking fnnd of 1864, $1,013,633; public school bondsout of public school fund, $141,911; Clinton HIUbonds by sinking fund, $IO,r,3i; tax arrearage,$165,000; against local improvement bonds taecity holds $:J,074,:i13 of assessments unpaid and alien on the property. Temjwrary loan bonds, Jan.1, 1878, were $1,192,000. Valuation of real andIiersonal property, 1876, $97,116004. Tax rate forall purposes, 1877, $1 96 p<'r $100, against $t 90 in1876 Population in 1870. 105,059.New Bl(^)^or4, M(U8.-to-eL\ debt, $l,';50,6{0. N«

sinking fund. Tax valuation, 1870, $!S,99«.0t4.I'opnlation, 1875, 25,695.New Hawn, tlonn.—Total debt. •989,000. Sinfcng

fund on City Hall loan. $47,969 73. The city hasmade a " special loan" of $75,000 to the New HavenA Derby Rll . and " giurantecd" $2ij.000 of Its

second mortgage bonds, on which Ihe city has ^>een

obliged to pay the interest, and on $.Vi,000 of thespecial loan. Interest advanced to the road, $8^,8M.Population, 1870, 50,840.New Orleans.—K decision In June, 1878. holds

invalid the special tax p ovisions for consolidatedbonds. The floating debt. Jan. 1 , '78, was $1,841,9S8.

The assessed valuation of property for 1878 la

$111, 123,6m5. real and personal. State tax, UH mills;

city tax. 15 mills: total tax, 29X. .^ scheme forsettlinc the debt by a bond premium drawing pUnIS in practice, and drawings take place Jannary 81,

April ;5, July 31. and October 15. Popolation in

ISTi.i, 191,418; m 1860, 1.18,670. (V i«. n. -'So, 617.)

Newton. Vaa. -Total debt, $1,2)3,(»4. Tax rain-ation, 1877, $)»,645,»4a; rate, 1'8«. Population. 1975.16,106.

New York CUy.-The total debt of New Tork,Jan. 1, 1878, was $148,821,067; the amount ofttnUng tonds $31,080,007. The following sutCMSOt

iE& CITY SECURITIES. [Vol. XXVII.

Sabaerlbers irtU eonfter a sreat Divor by giving; Immediate notice or any error diacorered in theae Tablea.

DESCRIPTION.

For explanations see notes on first page of tables.

Date ofBonds.

New York—(Continued)—Third Avenue improvement bonds (23d ward)Central Park fund stockCentral Park improvement fund stockDock bondsMarket stockCity Cemetery stockCity improveni't st'k (part red'mable after '96)

do doIvnnatie Asylum stockFire Department stockFire telegraph bondsTax relief bonds

do do couponN.Y.Brldge bd? ($1,500,000 red.after July,'96)Accumulated debt bondsStreet improveraou t bondsStreet opening and improvement bondsNinth District Coiu-t-housc bondsDepartment of Parks improvement bondsAssessment bondsCity parks improvement fund stockNormal school fund stockPublic school biiildiu^und stockAdditional Croton water stockSewer repair stockConsolidated stock

do 20-50 (redeemable July '96,Museum of Art and Natural History stockThird District Court-house bondsArmories and drill-roomsLiquidation of claims and judgmentsCentral Park connnission improvement bondsComity Court-hou.sc stock

ao do No. 3do do No. 4&5

Soldiers' bounty fund bondsBohliers' subs, and relief red. bondsSoldiers' bounty fund bonds, No. 3Soldiers' bounty fimd red. bonds. No. 2..Riot damages red. bonds

do indemnity bondsAssessment fund stock

do dodo do

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

Kw/olh; Fa.—Registered stockCoupon bonds ($20,000 due '94 are 6s J. & J.)Trust & paving, coup, (pav'g, .$189,300, J.&J.)Coupon bds, water (a niort. on water works.)

Konrtch, Conn.—City liondsCity bonds

do .

Water loan (.$50,000 1890, $250,000, 1898)..Court House

Pa<eraoH. A". ./.—School bondsFunded debt bondsImprovement bondsSewer bonds ($125,000 are M. & S.)War bounty bonds

• Funding bonds, "A"Renewal bonds, "B"

Philadelphia—Bonds prior to consolidationBonds for railroad stock subsidy subscripfnsdo for water works

for bridges , . .

.

for park and Centennialfor war and bounty purposesmunicipal, school, sewer, &c

Guaranteed debt, gas loansPeoria, 7W«.—School loanWater loan (.$50,000 each year)Water loan . .

doBounty loan ($21,000 each year)Peoria & Rock Island Railroad

Pituburgh—Water exten. loan (coup, orreg.)... -_ . -Funded debt and other municipal bonds ,1845 to '72Compromise railroad bonds (coup, and reg.) . . 1863Bonds impr. Penn .av., &c. (local assessment). Il871 to '73

dodododo

18771856

1858 to '711870-'781865 & '68

18691876

1870-'731869-'701869 '701870-'73

18691870

1869-'771869-'701874-'77

18711871

1874-'771874-'7S1871-'78

18711871

1871-'78187218741876

1873-'7018741877

187.5-61876

1862 to '681871187218641864186518651864

1864 to '721868 to '72

187318751870

1871 to "

1869 to '70187018741874

1870-'741872-'73

1871

1858-'731862-'711869-711869-'771863-'651877

1877-78

18551855 to '711859 to '701868 to '701862 to "65

1860 to '70

1868 to '74

Size orpar

Value.

Amountoutstanding

$500100 Ac.100 &c.500 Ac.100 &c.100 &o.500 &e.500 &c.100 &c.100 &c.100 Ac.lOO&c.500 &c.500 &c.100 Ac.100 Ac.100 Ac.500 Ac.500 Ac.500 Ac.500 Ac.500 Ac.,500 Ac.500 Ac.500 Ac.500 Ac..500 Ac.500 Ac.

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

ioio100100100

1,0001,0001,0001,0001,000500500.500500500

100 Ao.500

$24,000399,300

3,849,8006,127,000296,00075,000

2.025,9007,269.400700,000521,953597,586

2,767,0003,000,0003,000,0006,500.0003,661,7391,000,000300,000

3,498.00012.485.0005,653.000200,000636.000

1,130,000265,000

8,77it.7002.058,3.50927,000398,000332,316488,475

1.240,0002,140,000600,000520,600

4,000,000940,700745,800376,600500,000855,204

1,719,400492,700900,450100.000

14,702,0006,000,000

30,0001,680,2003,119,6001,250,0001,027,287222,000415,800500,000125.00050,000

160,000300,000164,000130,000140,00038,000

353,000433,500100,00090,000

6,630,0211,725,0006,500,0004,853,5008,701,600

11,650,00015.509,7505,599,400

94,500100,000195,000155,00042,000

100,0004.413,4002,241,0002,179,4695,028,800

IJfTEREST.Principal—When

due.RafA 1When

Kate. IpayaijieWhere payable and by

whom.

5 M. A N. a 1

18805 ^^. July 1, 18036 Ǥ 1887 A 1895

6,z.. 5,0,7 M. A N. ll Nov. 1, 1901 to '8

6A 7 W. A N.1^

1894 A 18977 M. A N. 1888

5 A 6 g. M. A N. -0 •89.'92,'96 A 19267 U. A N. •§« 1889 A 1892

6 A7 M. A N. IS 18896 M. A N. 18996 M. A N. 18847 m. a n. si 18797 iM. A N. §5 1890

5 A 6 M. A N.i'^.

1905 A 19267 m. A N. 1884 to '88

5. 6 A 7 M. A N. 1878, '82, A '88

7 ;m. a n. »l 1879 to '827 iM. A N. 1890

5, 6A 7 .M. A N. ta Nov. 1,1878 to'R-5. 6 A 7 M. A N. §s Nov. 1,1878 to '3.;

5,6,7A(ig M. A N. 1901-19046 m. a n.

|iNov. 1, 1891

6 M. A N. Nov. 1. 18915. 6 A 7 M. A N. ^^ Nov. 1, 1891

6 M. A N.

1.2

iNov. 1, 1882 A '^i

A 7 Variou.s 1894 to '96

5 A 6 M. A N. May,'97. 1916-205A 6 M. A N. 19035 A 6 M. A N. Nov. 1, 1890

5 M. A N.

^1J.an. 10, 1880

5 m. a N. July 1, 1879Nov. 1,1878 to '806 M. A N

6 M. A N. li 1878 to '927 M. AN. ii 1884 to '88

5 A6 M. A N. "1 1894 to '98

6 M. AN. 1883to'9(J6 M. A N. Sri 1880 to '81

7 M. A N. "1 1895 to '977 M. AN. 5=- 18916 M. A N. 18796 M. A N.

Ii1882

6 M. A N. 18876A7 M. A N. 1903

6 M.A N. 19106 M. A N. sB

1^1

1884 to '886 g. M.A N. 1896 to 19017 M. A N. 1884 to '886 M.A N. sg, • 18917 J. A D. 9 O 18967 M. A N. 1S79 to'86

6'J. A J. Norfolk, Treasurer's Office 1878 to '85

CAS M.A S. do do Sept., 18908 A. A O. S^orfolk, Cit. A Peop. Bankf Apl., '92: July,'938 M.A N. New York, Park N. Bank. May, 19017 A. A O. Boston, Bank Republic. Oct. 1. 18937 J. A J. do do Jan. 1, 18985 A. A O. do do April 1, 1907

6A7 J. A J. do do Jan. 1, 1890 A '98

7 J. A J. do do Jan. 1, 19057 J. A I). City Hall, by Treasurer. Dec, 1878-19047 J. A D. do do Dec, 1879-19007 J. A D. do do Dec, 1878-1880

J. A D. do do 1882-1902J. A D. do do Dec, 1878-1900

6 J. A D. do do June, 18876 Various do do 1901-1904

5 A6 J. A J. Phila., Far. A Mech. N. B'l 1878 to '85

6 J. A J. do do )6 J. A J. do do > 1878 to 19036 J. A J. do do $

6 J. A J. do do )6 J. A J. do do S 1878 to 19056 J. A J. do do )

6 J. A J. do do 1883 to 19057 Various City Treasury. 1878 to 189010 M. A N. do May 15, 1879 A'81

June 1, 18887 J. A D. do7,6g.A7g Various do 1889-1891

10 M. A S. do Mch 1, 1882 A '83

7 J. A J. do July 1, 18887 A. A O. Pliiladolphla.

Pittsburg, Phifo. A N. YNew York, B'k of America

1893 to '98

6 A7 Various 1877 to 191214 A5 J. A J. 1913

1 7 Various Philadelphia. 1883 to '85

shows the details of funded debt, and the amountin the city sinking fund at the dates named:

Description. Jan. 1, '77. Jan. 1,'T8. Ju'y I, '78.

Funded debt.. . . $119,631,313 $121,440,133 $119,866,983Sinking funds.. 28,179,102 31,080.007 30,o;s,5J2

Net debt 91,452,211 sll,.1H0,ia6 "88,790 411Temporary debt. 2J,:171,400 21,349,500 20,778,500Reveune bonds. . 6,104,844 6,061.421 17 869,511The popnlation of New York by the U. S. census

In 1870 was !)2i.531, against 805,658 in 1860. SinceJan. 1, 1881, the vuluation, rate of taxation, andnet fande<l debt at end of year, hnve been as fol-lows: ^Ratetaxp.

Rca Personal $1,000..^ NetYear, eetate. estate. State. City. debl.

t $ *186!..40«.fl.-)5,665 174.621,306 3 62 16 .36 f 20,087,3011862..3!«1,.5,56,404 n2,41«,l):il 3 87 '

-'V^-'-~..

1863..402,187,.38J 191,967,161 4 iT1864..410,774,4:M 22:{.9i(),5IX5 5 311865..43T.36fl,SS4 18:. 423. 471 4 961866..47,<,934,9:M 2.')7,9:M,974 3 9118a7..B.')5,417,0e2 i76,;«9,)51 4 67l868..62:J,-«6,.'>.'>5 283 199,972 6 13 29 17lSb9..ti84,183,9l8 281,142,696 2 72 J9 98J8r0..742,in3,075 305,285,374 2 701871..7IJ9,3!I2.250 306,947,2;H 4 431872..r97,148,665 306,949,422 5 3018T.3..8:36,69:l.:lSil 29!.5.7,643 5 411874..881,&n.995 27'2,481,181 6 95 21 05 .3ll5;i87,9fi91875..88.3,643.545 217,800,154 —29 40—' ; 116,773,7211876.65^2.428,165 218 626,178 —28 00-^ 119,811,310I877..K>3.9«3,9.33 206,028,160 ^-86 50-^ 117,741,0)01878..fc0n,a5V70O l9-,'i32,(Xi5^-.. ..-^ [The tax rate for 1877 was placed at $28 .'io. Itoraise $29 178,940. • By an act of 18T4 the townsor West Farms, Morrisania and Kingsbrid^e, em-Oracu:g about 12,000 acres, were annexed to New

16 .311

13 4.5i

21,695;60616 08

I 26,185,19017 29 ! .33,769,60124 94 « 35,973,5;>719 06 S a3,654,68322 0:l = 32,914,421

3.5,983,647

47,791,84019 80 2 73,37:1,55217 90 .S 88,:169,.386

3:1 81 "95,.581, 153

19 .59 S 106,363,471

York. The report of Comptroller Kelly to August1, 187V, is given at some length in V. 25, p. 198.Mayor Ely in his message Jan. 1878, remarks : The

past year (1-77) will be meoiorable, I hope, as thebeginning of a new epoch in the financial history ofonr city government. Fjr :i0 yeard previous our citydebt had been steadily increasing. From an in.debtedness of about $18,000,000 on Dec. 31, 1857, atthe expiration of ten years, namely, December 31.

1867, the amount had increased to $32,914,421 26.

This covered the period <if the war, during t\v.»

years of which, 1863 and 18:4. more than $12,000,000was added to the debt. From 1867-8 may be datedthe accession of the corrupt administration knownas "the Ring" to fnll control. This dynasty con-tinned )n power for nearly five years, nniil 1872,during which period the aggregate debt of the cityincr.-ased ai follows : 186-', $:i5,93.3,6l7 ; 1869, $47,-7.11 841 ; 1870, $73,373,533 : 1671. $88,369,3-6 ; 1872.$95,5,83, 153. Then followed an almost entire changeof administration, and many sincere efforts to econ-omize expenditures and diministi the increase ofthe public debt. Rut snch efforts were only to alimited degree successful, ns the following tableof Itsincresse fro:n 1873 to 1876 will show:1873 $106,363,471 11875 $116,77.3,7341874 114,979,969

I1876 119,811,310

The outstanding assessment bonds (payable outof local assessments on property benefitted) arerepresented by advances to contractors, advanceson Boulevard work, and uncollected local assess-ments. (V. 22, p. 6:1, 56S; V. 23, p. 13,5, 160; V. 21p. 40, 158; V. 25, p. 17, 198, 358, 458; V. 86, p. 41.)

Norfolk.—The "Trust" bonds dne April, 1892,are secured by deed of trust on city property.Coupons of 1st series are payable at Citizen?' Rank

;

coupons of 3d series at Peoples' National Bank,

Tax rate, $1 60; water tax, 40 cts., (special); tot i

rate, 2 per cent.PMJaJelphia—The to'al funded debt, January 1,

1878, was $55,733,141; guaranteed debt, $5,999,400;

floatiu'.! debt, $11,893,810. Sinking funds, $12.8:13,367.

Total disbarsementa of the city for 1877 were$15,785,1,55, classified as follows: Judgments. Ac,$609,162; interest on city loan, $3,761,968; Interest

on city warrants, $6.53,181; sinking fund', f80'),»1.5,

warrants of previous years, $S, 377,205; amount pMid

on loan warrants. $S3 1.553; erection of public

buildings, $230,379; cash for the departments.$461,461 . The following table exhibits the assessed

valuation and tax rate in the city since 1871:- •

-, Rate Tax

per $1,000$30 8021 5022 0021 SO21 50S2-:50

21 50

There is no large amount of city debt maturin" mthenext five years. Assessed valuations of re u estate

for 1878 are: Full city property, $.539,663,758; tax

rate. $2 15; 8nburb.v.i property, |:!7,813,'.i01; Ux rat

$1 4:11-,'; farm property,fl9,511,4:i8; tax rate, $1 07'-

Ponniatiop, 1870. h74,022, against .565,529 in 1860.

Pcofirt, /«—Total debt, $712,60); tax valuation,

1876, $11,574,105.PUtfduriih.—Cii.sh valuation in 1876: Real

property, $120,371,761; pergonal, only $2,570,401.

according to Comptroller's report; "Occupation'$15,273,0)0. Sinking funds, *473,'377. Tax rati-,

1877, 2,s; mills. Poonlatlon about 140,000. Interest

defaulted April, 1877. tV. 24, p. 519, 691; V. 36, p.

159, 181, 36j, 471; V. 27, p. 68.) ;

Real PersonalYear. Estate. Estate.

1872... ... $50'3,415.363 $8,608,8191873.... ... 618,3 J4,.568 8,930,700

1874,... ... 539,003,602 9,'SJ9,933

1875.... ,.. 565,849,095 9,434,873

1876.... ... 585,408,705 10,001,673

1877..,. ... 593,313,5.32 9,755,000

1878.... ... 536,988,097

July 27, 1878.

J

CITY SECURITIES. Xltl

Sobiorlbera vrlll ooafer • ci""'* Aror bjr cIvInK Immediate aotioe of tinr error diaeerered In these Tables.

DESCRIPTION.

For cxiilanattoiM goo notes on flrat paiff ot tables.

Portland. Me.—JMau to Atl. & St. Lawrence RR.lionii tu Portland ic Rochester Railroad.,

do do dofin Portland &. Ogdonsburg

Mui'.iniuil—proiMirIlu.u'.iiij; lonu luMidfi

I'rt'fiitnier, Ji./.—Bonds for public ImprovemtsHrf rutting and hountv bondsW.uorloau l)ouils. ie;i>id, luiipuu and rug. .

.

do do dodo do do

City Hull It sewer loan b'ds, storliuK. cp. orregVri>\ f; SprlnKlleld UK. bonds, gnarantoed...llriiK street DIstriet notes

l;or/i,sui; .V.r.—To Genesee Vnlley Railroad ..

To i;i"li. A state I., and R. N. it. P. Railroads.To! \ uriifns city improvementsW,.!, 1 works loan, eo'ipou and registered!• unitini:' loan

Unkh-.Hil. .Ifr.-City bonds.li.i: :o;lil loan ^

'

(to

<lo

Bt. Josn'h. J/o.—Bonds to St. Jo. & Den City RR.Boud^• lo Missouri Valley RailroadBonds f I ir various purposesBridj;e lionds

SI. Loiii«—Ueuowal and lloatinR debt bondsReal estate, biiildlnicM and general purposes..Street iniproveuient l)ondsWater work bonils (old)

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

do do doRenev al and sewer bonds (gold)Renewal purposes, gold or sterlingRenewal, lic. bonds, gold, $ and MRenewal, &c., bonus, gold or sterling, coupon.Bridge approacli bonus (gold)8t. L4>uis Countv bonils as.suined

—

Renewal bomls, couponBonds to railroads, couponInsane Asylum^"Viimf,. Tot)

Date ofBonds.

Size orpar

Value.

•88,'60,'701867 to '69

18721872

1852-7n18671855186»18721874187618751H721877

1875

County JailOenei-a! pur|»o.se8, goldRenewal, goldPark bunds, coupon, .goldCouut.v bomls

SI. Paul. J/»»>.'.—Revenue bondsPreferred bonds8 per cent bondsijike Buv>erior & Mississippi Railroad.- " - • vX.St. Paul A: Cliicago Kailroa<1Public Park (fonio.)

Salem. J/«j«.—City debtCity debtWat«;Tloan

doBan jt'niHrigci)— Bonds of 185S, coupon (gold)..Judgment bonds, coupon (gold)(Jentrai Pacltic Railroad, coupon (gold)Western Pacific Railroad, do doSchool bonds, do doJodgmeut bonds, do doSchool bondsSchool bondsPark luiprovetnent bondsHospital bondsHouse *if Con-ection bondsCity Hall constructionWidening DupontSt. (Act March -1, 1870)

Sacayiitah. iia.—Construction of waterworks..Improvement of Savannah RiverSavannah, Albany 6c Uulf Railroa<lFunding coupons and other iiurposesRedemption of bonds

do doBonds for city improveiuent.'iHarbor, Ac, improvementsFor floating Indebtedness

1860 to '691869

1858 to '691871

1816 to '7118 10 to '681851 to '661856 to '58

18681855 to '691852 to '681867 to '70

18721871 to '73

1873187518741872

1867 to '711853 to '55

186718681872

1873 to '7618751875

1868

18771858

1 863 to '61'

$1,000500 &e.

500 Ac.1,000

lOOOAo.lOOO.tc.lOOOAc.lOOOAc.lOOO&c.iilOO

I'.WK)1,000

lOOOAc.VariouslOOOAc

Amonntontstandlug.

18611865

1866 to '671867

1870 to '721874

1872 to '751871 to '73

18741875 to '76

18761853185318.53186618691870187018721873

500500 I

100 &r. I

500VariousVariousVariousVarious1,0001,000

Various1,000 ;

1,000 \

1,000I

1,0001,0001,000500 I

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

VariousVariousVarious500 &c.1,000

100 Ac.lOO *c.1.0001,000

500 &c.i500 &e.i500 &c.500 Ac.

i

500 &c.,500 &c500 &c.500 &c.500 &c.500 &e.500 .Stc.

500 &c.

'500500

500 &c.100 &c.1,000500

1,0001,000

500 &c.

$787,000700,000450,000

1,350,0002,1 95,200508,000600,000300,000

2,000,000•2,000.0001,500.000l,397,2"iO500,000700.000168,0007.50.000961.«N6

3,182.000410,000161.l-'5400.0001.50.000205,000431,500150,000299,100500,000

1,922,0001,223,000166,000336.000316.00088.T.O00

1,143,0003,950,0001,250.000681,000

1,074.000707.000

2,072,000461,000

300,0001,180.000100,000500,000600,000550,000

2,300.000500,000499,!I2767.210

263,125200,000100,000100,000112.000300.()00.">0O.O0039s,.-,00

542,000435,500377,000250,000197,000246,000385.O00200,000475,000210,000150,000750,000015,(X»019s,00064.500

937,500368,800117,000349.500534,000.500,000400,000

INTKREST.

n.f. Wben Where Payable and byuate. f^y\,\a Whom.

5 JkO666

5 A 6 g.

S K-

"s'77

0A77

5 A6666

6<t 77

10 & 610666

6g.666g.6g.6g.6g.6g.6g,6g.

7Cg.776 g.6g.6g.6g.

12 & 778

67

5&66656 g.V g.7 g.7g.V g-

7g.7 g.6g.6g.6g.'-' g.

6g.V g.777777777

M. A N.J. A J.

m'ntlilyA I).

A 8,

A J.A JA J.A J,A J.

Boston, Blackstone N. B'k.Boston, Coliuubiau Bank

M. A SJ. A J.F. A AVariousJ. A J.

Senii-anJ. A J.F A AM. A S.VariousM. A NVariousJ. A J.VariousVariousVariousVariousF. A A.VariousVariousJ. A D.A. A O.VariousM. A N.M. A N.J. A J.J. A D.

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

J. A D.J. A J.A. A O.M. AN.M. A N.M. A N.VariousJ. A D.J. A D.

J. a"J.J. A J.A. A O.J. A J.

A J.A O.A J.

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

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

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

Boston, Blackstone N. B'k.Boston and Portland.

doProvidence.

doBoston, Pror. and LondonN. Y., N. City Bank, A I'l ov.

do doLoudon, Morton, Rose A Co

Providence.Treasury.

N. Y., Metropolitan N. BkNew York and Rochester.

do doN. Y., Union Trust Co.

do doCity Treasury.

Boston, First National Bk.do dodo do

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

St. Joseph and New Y'ork.N. Y., Nat. B'k Commerce.N, Y., Nat. Bank Repuldic

do dodo dodo Akdo dtfdo dodo do

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

do doNew Y'ork or London.

do dodo do

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

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

N. Y'., Koimtze Brothers,do dodo do

N. Y'., Kountze Brothers.do doCity Treasury.

Boston, Merchants' Bank.do dodo doSan Franciaco.

dododododadododododododo

New Y'ork and Savanuali.do dodo dodo dodo dii

do dodo dodo dodo du

PrtuolpBl—Whennpal—Due.

Nov., 188e.'87,'88July, 1*)S7July 1, 1897Sept. 1,19071877 to '91

Junol, 1877 A '87Sept., 1885«an., 1893Jan., 1900Jan., 1900July 1, 1906July 1, 11895

1802Sept. 1, 1880-'841879 to 1903

18931878 to 1902Jan. 1, 1903

19051877 to 18971878 to 18991878 to 189»1878 to 18991880 to '89Nov., 18891878 to '89

18911879 to '911879 to 19061879 to '861880 to '83Aug., 18981878 to '89

1879 to '88June, 1887, to '90

April 1, 18921891 to '94Nov. 1,1893May 1, 1895July 1, 1894Dec. 10, 1892

1879 to 1881 .

1879 to 1880July 1, 1887Sept. 1,1888Juno. 18921893 to 189CApril 1, 1905May 1, 1895 •

1878 to '901878 to '86

1889, '90, '961883 A '98

1900

1879 to 1889Jan. 1, 1891

Apl. 1, 1883-1898July 1, 19aiJan. 1, 1888Oct. 1, 1883July 1, 1894Mayi, 1895April 1,1881Oct. 1, 1887

June 1,1 882 to '90July 1, 18941897 A 1904Nov. 1, 1891July 1, 1894

18991896

Feb., 1878Nov., 1883Dec, 1888Feb., 1886Nov., 1879June, 1890Nov., 1900Jan. 1 1902July 1, 1903

Portiand, .¥«.—The sinking fund March 81. 1877,was $684,999. The city is protected by mortgages

j

on Allan. A St. Lawrence. Portland & Roches-ter and Portland & Ogdeiif^biirs Railroads. As-sessed Mi'nc of real estate in I87ii, was $18,708,500;personal, tll,9.'il,85">. 'Tax rate, $85 i>er $1,00.Popnlauon in 1870, 31,41.3, niainst a«.S41 in ISfin.

(V. «, |). 51«.)

Prmndrnce, S.r.-Ttie principal debt of ProvlJencebaa l)eeu created since Ift72 for water works, sewer-age aul new City lUll. 'I'hi; Hoiilins debt sttlose ofnacal year .Sept. 30, I(>77. was $S.4U7.I!»fi. incliiiiiie'above Brook bireet ncilcs umi t no.il High Scbmlnotee. I'lie a.«ses^td valiiatlon» of nil pro|)crty in 1877were: reuloftatn. »8.'i,-SS.8 0; pursoual. 8:3,llH5,000.Rateot ux, $14 50 per $1,000. The slnkuig fundfor bonds due In 1885. $4T!i,4.'J7; smkiiig funds of1893. $ir';..'i5!!; '95. $?8,2,>J; 1*)0-0, $93,01.?. I'opuU-tionby U. S. census, •?(>, 68,901; by SUte census, '75,100,800.

Boe/u."tr.—The bonds of Oenes<-e Val. RR. loantlM.OOO, are provided for bv net receipts from alease of said road to Krie H'ndway Company afterpaying the interest out of said receipts. Real prop-erty «ase*8ed. $48 l»0,Ouo; personal. $8,0 » 000Rate of tax. 1871, $8 per $1MI.

Ro"Jclan1. Uf.—ToM deb', »955,«!«. Wc arecompelled to omit the details as to months whendebt matures, as the necessary lnfurm.ition conUlnot l)e obainedof the treasurer.

8L Joseph, ifo.—Popniation in t870 was 19 5€.'S

•gainst 8,$3S in 1860. Assessed valuatlcn of property!

$11,000,000; rate of tax, -^ mills. (V.SS, p. 135, 175;V. 23, p 408.)

St. Xoi/fc!.—Population by the U. S. census in 1970was 3t0,86t, against 1(X),778 in 1860. The city andcounty were merged by law in 1877 and city as-sumea the county bonds. In the last flsCiil yearthe resources were:

Balince April 11, 187T $89l.2?2Interest revenue 1.7:il.6T0Municipal revenue collections 2,S!1.6i.9

I

S|)ccial collections .322.41(1

PKxeeds of anticipation notes 7*5,000i'^ocjcdj of renewiil bonds ,351.00

$a,M4.4J7

The expendliures were $.),900.M!I'np-iid warrants on hand April 11, 1878.. i0,»44

$.'(,359,9.10

Balance in trea-ury April 10. 1878 $051,181

The Comptroller gives the following in his re-port to April, 1878: The liabilities appear asfoUow*:The bonded debt a( the close ef n.«cal year (April !l,

1878), was $i5,91)ti,000; the banded debt of the lato '

connty, assnmcd by the city. $6,l>59,0JO. Other I

liabilities— claim of St. ImmH Caslight Co. for gas !

furnished, with Interest, JtiSo.OOO. The sinking|

fund is as fol:ows: Assets of this fund at com-mencement of the present llscal year. $590,095. '

Tne resources available thisliscal year will bc«bouI '

$110,000. Assessed valuation of i>ropcrty in l.-i?^. I

In oM limits. $159,:!.-)1.8tO; in new limits, $14,4!ft,-

400; total taxable valuation In city, $173,771,810.'

Tax rate for city purposes in old limits, $1 75; Innew limits, $0 50. (V. 25, p. 80!: V. 88, p. 890, SIW,486.)

St. Pan!, iri/in.—Population in 1370 was 20.080:in 187.5, by State census, 31.2.17. Assessed valuationof taxable property, $2T,7.">5,928. or about one-halfof the actual value. (V. 15, p. 826.)

SaUm, ^fut.—The sinking fund amonn's to$173,061, and the bonds arc v.lned at par; $1,146,000 of debt coupon; balance registered; total,

$1.452.67^^ Population, IS ;5. 86,958. Tax valaaiion,13.5, $2B,.°,12,272; 1877, $25,310,600.

San MancfciCT.—Population by the ir. S. centnaof 1870 was 149,483, against ,16,802 in 1880. Realestate for the fiscal year ending Jnne 30, 1873, i<

assessed at 8 1'JO, 22 1,00.1; personal property at $70.-

041,*10. About f54,noc.(X)0 of mortgages are nowomitted from assessment. Sinking funds raisedannually amonnt to $2li3 SOO. Tax rate in 1676-7 la

$2 n;4 per $100, against $1 60M in 1875-6.

Savannah. 0<i.—Default was made on taterestdneNov. 1. 1876, In consequence of yetiow fever andnon-collection of taxes. The latest prcposol forcompromise is given in V. 2j, p. 6i5, by wnicli new6 per cent bonds are to btf. exchanged for the faceof old bonds, and for interest up to Feb 1, 1S79, 58per cent of ihe face vsluo in Blmllar twnds.Assessed valne of real estate, $lt,ii00,000; per-sonalty. $4,800,000; tax rate, IK per cent. Popu-lailon in 1870, SSJSSS, against 21,812 in I860. (V.94. p. 4'M, St3; V. S, p 41, 80, 38!, 393; V. «6, p. Itt.

686.)

zIt CI TY SECURITIES—MISCELLANEOUS STOCKS AND BONDS. rvoL. XXVII

S'nb'crlbera n^Ill confer a grrat favor br slvlns Inimedlale notice of any error dtsco-rercd In these Tabira,

DESCRIPTION.

^'or explanations see notes on firstpage of tables.

Sotnertiille, Jf««».—City deUtCity debt

dodododo

Park&wat'r ($170,000 A.&O.; $155,000 J.&J.)Water loan

Springfield, Mass.—City notesCity bondsWater loan t$200,000 arc 6 i>cr cents)Bailroad loan ".

Railroad notesToledo, <?.—Gcn'l fund and deficiency bonds, ep.Toledo & Woodvillc Railroad, couponVarious City purposes , coupon

do do dodo do do

Water "^'orksShort bonds, cliarf;eable on siwcial assessm'ts

Woreetler, Mass.—City debt, coup, and reRist'd.City debt, registered

do do (."i pieces, $100,000 each)do <$220,000 reg., $580,000 coupon).do rep. ($100,000 J. &J., $90,000 A.&O.)

Sewer loan ($02,000 are J.(fe D., balance J.&J.)Water I'u ($150,000 are J.AJ., balance J.&D.)

do registered

Date ofBonds.

70,'71,'761870

1859-'651859-'741869 & '761873 & '741874-'77

Size orpar

Value.

I<arge.Various.Large.Various.Large.lOOO&c.Large.Large.Large.1,0001,0001,000Large.

Amountoutstanding.

Large.Large.

500 Ac!500 &c.:Various.'100 Ac.500 &c.

$65,000461,000165,000115,000140,854200,000325,000320,000177,000223,000

1,200,000300,00075,000

544.500453,00042,355

594,50090,000

1,000,000723,30055,000

340,000500,000800,000190,000261,800327,400100,000

INTEREST.

Rate.

7Cfl61a65^56l2

5»3, 6,013513,6

66& 7

76H7-36878

7&8.5,67665665

WhenPay'ble

A. & O.A. & O.J. & J.VariousVariousVariou.sVariousVariousVariousVariousA. & O.A. & O.VariousA. & O.M. & N.F. & A.VariousVariousVariousVarious

A.'&O.J. & J.A. & O.VariousVariousVariousJ. & D.

Where Payable, and byWhom.

Boston, Nat. Security Bankdo dodo dodo dodo dodo dodo dodo doCity Treasury.

Boston, First National B'k.do dodo doCity Treasury.

N. Y., Imp. & Trad. N. Bk.do dodo dodo dodo dodo dodo do

City Trcasiuy.do

C. Treas.& Best. Mchts.' Bk.Boston, Merchants' Bank.

do dodo dodo do

Bonds—Principal,when Due.

Stocks—iMii Divi-dend.

Oct. 1, 1878-79April, 1879 to '84July 1.1880 to '84Oct.'81-'4,.IiUy,'85July, '84, Apl.,'95Apl., '95, July. '96

1881 to 18841880 to 19061879 to 18841878-1890

Apl. 1, '94, to 1905Apl. 1, 1879-1893

1878 to 18811878 to '88May, 1900wis to '841878 to '891878 to '86

June,'93&Sep.,'941878 to '82

Apl. 1, 1878-1879.Ian. 1,1881April 1, 18931887 & 19051878tol8811878 to 1890Dec. 1, 1906

mSCEI.IiANEOrS STOCKS & BONDS.Adam^ Express Companu—StockAmerican ifx/)rt««—StockAmerican Coal (Jfari/ftl^d)—StockAUaniic it Pacific Telegraph- SiocTiSctton Water PowerMortgage bonds (for $2,800,000)

Canton Improvement Company—StockSterling liouds (sirk.f'd one-tlfth of land sales)Mortgage bonds, gold, sixes (for $2,500,000).Un. RR., iBt M., end. (s. f., rents on $220,163)do 2d M.,g.,end.,(s.f.gr'ndr'nt8 on $144,800)

Consolidation Coal of j/ar^ta»«i—StockIst mortgage (convertible)1st mortgage, consolidated, convertibleCumberland Coal and Iron—Ist mortgage

do do 2d mortgage.. ..

Cwnbtrland Coal d Iron Companu—StockVunUith it Dubuque Bridge—Bonds sink. fund.Illinois it St. Louis Bridge—lat M.,coup., a.t...2d mortgage, coupon.3d mortgage, coupon •

4tb mortgageSt. Louis Tunnel BR.—1st mort., eterling, 1. 1.

do do 2dmortgagelovsa SR. Land Co.—StockMariposa Land d itining Coinpauj/—StockPreferred stockMortgage bonds (for $500,000)

Maryland CoaJ—StockOntario Sileer Minctig—StociiPacific Mail Steamship Company—StockPennsylvan ia Coal—Stock1st mortgage bonds

Pennsylvania Anthracite Coal—StockIst mortgage (cast side) bonds on 1,053 acresIst mort. (west side) on 400 acres & 550 leased

Producers' Consolidated t'd etPWroJeum—StockPullman Palace Cor—StockBonds, 2d scriesBonds, 3d seriesBonds, 4tli seriesBonds, sterling dcbeuture, convertibleBonds, delit'uture

Quieksilver Mining Company—Common stock.Preferred stockMortgage bonds, gold

Southern d- Atlantic re(.—Guaranteed stcok...Bpr'g Mountain Coal—Stock,guar.7 p.cby L.V.united States Express—StockUnited States lioUing S(<k*—StockWells, Fargo it Company Express—StockVettern Union Telegrapli^BtociReal estate bonds, gold, sinking fundBonds.coup or rcg.,conv.till May,'85, s.f.lp.c.Sterling bonds, coup, (s. f. Ip.c. per annum)

1874

18731874

1864187218521869

1868187118711874187518731875

1875

1861

18721872

1875

187218751875

10010025100100

1,00025

£2001,000

500 Ac.500 Ac.

1001,0001,000

1,600j

1001,000 1

1,000 1

1,000;

1,000I

1.000 '

£200j

ioo100100

1,000100100 I

10050

i

1,000 I

1,000 I

100 I

100

£100 ;

ioo i

100j

'25

50I

100 I

"ioo .

1001,0001,000

£100&c

12,000,000 218,000,000 lifl

1,500,000 2I3

15,000,0004,000,000 10 s.

1,740,000 71,107,500578,000 6g.923,000 eg.783,000 6600,000 6 g.

10,250,000 2I2

387,000 7363,000 6137,000 6498,000 6500,000 6400,000 8

3,756,000 7 g.2,000,000 7g.2,492,000 7g.1,000,000 101,000,000 9g-1,000,000 107,620,000 1

10,000,0<K) ....

5,000,000m

4,400,000 li«10,000,00020,000,000 35,000,000 3481,500 7

2,000,0001,000,000 7500,000 7

2,500,000 65,938,200 2298,000 8432,000 8816,000 8218,000 7g.603,000 7

5,708,7004,291,300275,000 7g.948,000 213

1,500,000 3137,000,000 25,000,0005,000,000 4

m II31,498.000 7 g.3,959,000991,440 6 g.

Q.-M.J. & J.

M. & S.

J. & D.

J. &"J.J. & J.J. & J.M.& N.M.& B.

J. & J.J. & J.J. & J.F. <Se a.A. A O.M. A N.A. A O.J. A J.M. A S.

J. A J.J. A J.J. A J.Q.-F.

J. A J.

Q.-F.F. A A.

J. ADJ. A I)

Q.-J.Q.-F.M. A N.F. A A.Q.-F.A. AC,A. A O.

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

J. A J.Q.-J.M. A N.M. A N.M. A 8.

N. Y., Company's Office.do do

New York, OJtice.

Boston, Otflce.do

London, Bi-own, S. A (^New York or London.

London.N. Y.,Co.'8 Olflce, 71 B'y.

do dodo dodo dodo do

New Y(H-k, Office.N. Y., at ni. Cent. RR.New York and London.

do dodo do

St. IjOiUs.

Lond.,J. S.Morgan A Co.St. Louis.

Boston, Tieas.' Office.

New York.

St. Louis.

N. Y., I'ii'Broadway,do do

N. Y., 4th National Bk.

New York, Office.N.Y.,FarmL. AT. Co.

do dodo dodt dodo dodo do

N. Y., Company's Office.N.Y., West. Union Tel.N. Y., Company's Office.

New York, Office.

New York, Office.New York, Office.

N. Y., Union Trust Co.N. Y., Treasurer's OfficeLondon, Morton, R.& Co

June 1. 1878July 1. 1878Sept. 10, 1877

1872Nov. 12, 1872June, 1884

Jan. i, "l904Jan. 1, 1904

1966Jan. 2, 1877Jan., 1885

Jan. 1, 18971879

Feb., 1879Oct. 15, 1875

Nov., 18931900

July 1, 1901Mar. 1, 1886

Jan. I,"l838

May l,'i878

Jan. 1, 1886Jan. 31, 1870

Sept., 1869Mayl, 1878Aug. 1, 1881

June i, 1892Juuc 1. 1892

1877May 15, 1878May 15. 1381Feb. 15, 1387Aug. 15, 1892April 1.1885Oct. 15, 1878

1879Oct., 1877

June 10, 1878Nov. 15, 1876

(f)

July 15, 1878July 15, 1878May. 1902May, 1900

Man^h 1. 1900

SomereUle, JfoM.—Total debt, $1,771,854; sinkingfund, $45,131; tax va'naiinn, 1876, $26,573,400. Ex-cept $140,1X10 As in #1,000 pieces, ah bo::ds are in$2,000 to $50,00) pieces.

SpringMd, Mass.—TotA debt, $2,007,786 ; cashassets, $;114,4.5'<. The railroad dcbtfalls due $40,' 00each year. No registered bonds. Tax valuation,1870, $23,514,0611; ll76,$S5,109,456; 1877, $30,697,776.Rate, l-3i. Population in 1876, 31,053.

ToUao—Tot.&\ debt, Jan., 1878. was $3,778,849. Ofthis the debt payable by cpeclal assessmenU was$723,300, and the certificates of indebtedness, 11102.

-

300. Taxable valuation of property, '.8:7, $19,538,r20;tax late, $3 19 per $100.

WorceiUr, Jfa«».—Total debt, $3,484,300 -reg.,$944,000; coup.. $1,540,210. Cash assets, $1«I.>:5I,

iucluding $44,875 40 sinking fond. Population,49,817 in 1875. 'I'ax valuation, 1870. 134,018,450;1878, $4«,'223.3a7; 1877, $45,602,695; rate, 1-52.

raiSCELLANEOITS STOCKS & BONDS.Adams Express Company.—A reference to the2U of Dinsmore and others in V. 19, p. 270.

American Coal.—The report tor 1876 showed grossreceipts, t'S31,3:«; net, "$25,399. (V. 22, p. 180; V.84, p. 248.)

Atlantie <» Paeilk Tlei*^^^*.—Pools with West-ern Union their gross receipts on the basis of 87Xto the W.U. and I2>j per cent to A. A P. Expenseswere srranged at 13'14X per cent to A. A P. and

86-85'4 to W. U. (V. '2.-., p. 16, 1 15, 188, 355, 374, 433,591; v. 26, p. 304, ISf-, 4«9, 54 1.)

Boston Water Pow'r C*).—Annual report in V, 24.

p. 396. (V. 23, p. ISi; V. 24, p. 111. 306.)Canton Imnrovemtm Co.—"rbc annual lepoi;. for

year ending May 31, 1^*8, is in V. 27, p. 14. Of the$2,500,000 mortgage $ri 0,000 is reserved to pay ster-ling loan. The Comp.iny owns the stock of theUiuon Railroad Com nny and guarantees its bonds.(V.24, p. 613; V.2r. p. 14.)

Consolidation Coo.'. -Annual report for 1877 in V26, p. 262, showing :;ro8s receipts. $1,4*5,5")^; ex-penses, $1,216,644; net, $228,911. Consol. mortgagebonds are held to retire old bond-'. Guarantees alsobonds of the Cumbi^rland A Penn., and assumes$135,000 Un. Mining Co. bonds. (V. 84, p 181, t26,548; V. 26, p. 262.1

Illinois <ft St. Louh Bridge.—In hands of trustees.Foreclosure pending .Net receipts, 1876-7, $420, 140The railroad and tunnel were sold under the mort-gage of 1878, July 1, 1878, for $150,000. (V. 25, p,al I ; V, 26, p. 420, .V,ll; V. 27, p, 17.)

Iowa Railroad La' d Cb.—This company managesthe land grants of Avl-. distinct organizations. 'Thetotal lani owned wa."* ."VlO.sn acres, ,>4arch 31, 1877.Inl876-7, 84,032 scriM were soU f.ir $576,8 6, and601 town lots for $ i ,982. The canh cd ec ionswere $772,6('5, and dividends 4y, per cent. (V. 26,p. S49,)Manposa Land <C \nning Cb.—Assessments made

OB the shares from tim-; to time, l\'. 23, p. 112, 329;V. 34, p. 128; V. 25, p. 358; V. 26, p. MO.)

Maryland l%>a/—Balance sheet, V. 24, p. 2S6;V. 26, p. 95.

Pariflc Mail Steamship Co.—A reference to thepages following is necessarv to get definite infor-mation, (V. 24. p, 3-22, Sl7; V. 26, D. 817, 523,64T, 6'i5, 653; V. 27, p. 64)

Pennsylvania Cbo^.-Liabilities at a minimum anddividends are psid.

Pennsylvania AntAra'ite Goal.—This Company'sstock and bonds admitted to N. Y. Stock BoardFeb., 1877, (V. 21, p, 112,)

Pullman Palace Car Company.—The sterlingbunds of 1875, of which the whole issue authorizedis $1,000,000, are convertible into stock from April1, 1878, to April 1. IbSl. Annual reports have l)eenpublished th« last two years in V. 23, p. 402; V.2.\ p. 308, (V. 26, p, 817,)

O'licksilver Mining Company.—AnnvMl report for1«78, with balance sheet, Ac, m V. 25. p. 15. (V.22, p, im, fl03; V, «<, p, ,507; V. 25, p IS, 358.)Spring Mountain Coal Company.—Thie is guar-

anteed 7 per year till 1885 by Lehigh Valley RR.United States .Kiywwn,-New stock of $1,000,000

issued, (V. 2i p. 159; V. 83, p. 87.)

U. S. Rot ing Sloclk C&,—See report V. 86, p. 289.Western Union Telegraph.—The company held,

June !V), '77, $7,255,3.'» of its own stock, making thetotal $41,073,410. In May, '76, purchased control ofSouth, & Atl. Co,, and leased It. Pools earnings :

see A A P. 'el. (V, 28, p. 18S, 2-.!, 3SS, 433.478, 593, 619; V. 2n, p. 135, 2(i«, 304, 59-2, 686.)

Jci.1 27, 1878.] RAILROAD STOCKS AND DONDB.

aafeaerlker* will confer gnrnt flkTor %r Rlvlac laoiedlat* netle* •{ mnr error «leeoTere< la thee* TaklM.

DESCRIPTION.

For explanation of column headings, 4io., see noteson tlrst puKO of tables.

Alabama CerUroi—(Seliim .t Merld.)—l»t mort

—

^/o.i«<?(..ftiii/A'«.—KcwIvor'sccrtlllc.orAlii.AOhott1st iiiortKiiK"'. ix'w. (for $1 .V.SO.OOO)

Albantj tf AutHiHehttnna—&iovlL1 St i II orl KUKi>Albany (Sty loan (sinking fund, 1 per ct. yearly).2d niortK'tgi'3d iiiortKiiK<\ Hinkiiiit fundroiiHOl. uiiirt. (iciiar. V>. & 11.) coup., may be teg...

Alltghanu Vallrn-tMoeMOonf^rnl niortpiKP (Klv. Dlv.)Bundn to State I'li. (endorsed) 2d raort., Kast ext.iBt mort.. Kimt'n Ext4Mi., guar, by Pa. KRPimiliiikMiu'oiiie liiinds, wltb tntttic guarantee....

AfhiatniUi. VoHiK/siiiim it i'i/(».—1st mortgage'Jtl UHirtKiiKe. iiH'nme

Alfhisond .Whros^vi— Iht mortgageAlehitoM, Tuitfkn * Saiiln *'<— Ist mort., goldI^tid gniiit mort., KoUl, ('.!,^!<'.),18a acres unsold).Consol. Iiomls, goUlNot<>»Laud liieome bondsPott u« at tomie bonds (r^inttngent)Wlohita \ Southwent. (leased) 1st M., gold. guar..Kau(>. Cilv Tii|). A West., (leased.) l»t M., goldPueblo iV Ark. Valley, (leased.) 1st M., goldExtenxiim iiiortgnge, goldNew .Me\U'n <V 8o. Piieltle, Ist mortgage, gold

AllanUiil CharloHe.—Hevr pret. mortBlortgage Isinds

AIUxnln<l n'enl I'oinl—Stocil ,A'/iiii/.rrf Orfiil lteiif«>'n—Stock (total $40,000,000)Prrt.rml stoi'k

Olil tet mortgage bonds, Ohio DivisionIst general mortgage ($1 H.000.000)2d do do (ijillJ.OOO.OOO)

3d do do (*'J!),000,00<))l«aeed lines rental gold bonds (CI. & M.)

do do (P. P., P. V. and 8. & A.)Western Kxtension ccrtlfleates (CI., Col., Gin. & I.)

do do do bondsAllantied On//—Common stockQuaranteed stockConsolUlHted 1st itiortgHge8av. AlliHiiy A (iiilf Kit. mortgage IwndsSoutbern (jcorgia & Plorida, 1st mortgage

do do 2d mortgageAUantie, Hits, rf O* io—Stock, (com'n, pref. & guar.)

Ist mort. consolidated, gold (for $lS,000,000)....2d mort. to the State (no Interest till 1880)Norfolk & Petersburg—Ist mortgage

do do Ist dodo do 2d do

Sootb Side—1st pref. consol. M., guar. Petersburgdo 2d do do dodo 3d do do do

Virginia & Tenuessee—Enlarged mortgagedo do 4th mortgagedo do RcKistered eertifleates...do do Interest funding bonds...

AU^tUtr t£ St. /vaicrf>*c«^Stock, currencyStock, sterlingPortland city lionds. Ist mort., sinking fund2d mortgage, sterling, 5-20 years3d do do doSterling bonds, not mortgages

Augiisia it .Snrniina/i—StockBom Eugle yallr.i/—\st mort., s. f.($5,000 per yean2d morttrage (*5.000 |>er year)

BMIimore it Ohiit—StuvkPreferretl stockWashington branchLoan, 1850Loan , 1 85.Sdo 1870 , sterling, *800,000, sink, fund

Baltimore loan, 1855-'90, sink, fundDebentures, sterlingSterlintf mortgage, sinking fundBterliue mortgage, sinking fundPurchase of Connellsv. RR (payable$40,000y'lyl

Milesof

Road.

81

200201142142142142142202132no11020262 Hi62 >s140470

27 »g

«514857

265 ifi

265^87

567567

460460460

350

286

5858

428*428428818181133133133214214

1501501.501501.501.50535151

595

"36

Dateof

Bonds

411421

1871

1878

18631865186518691876

186618701871187418711874187818691870

18721875

187H18781877

187118711871187218731873

1867

18681869

1871187118571857186818661866186618541865Var'us1869

1868186418711853

18611864

18601853187018551874-5187218741875

BiKe, orPar

Value.

1,060100

1,0001,0001,000

500 .Sec.

1,00050

1,000

1,000100 &c.1,0001,000

100 <te500 &c,,500 &0,

1,0001,000

1,6001,0001,0001,000100100100

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

ioio100

500 die

500 &c.500 &c1,0001,000

2(X)&c.200 &c.1,0001,000

Various100 &e.

100«1001,000£100*100*100100

100 *c,1,000100100100

£200£100£200

AmountOutstanding

91,000,000(1)

335,0008,500,000

. 1,000,000933,000

2,000,000253,000

1,595,0002,166,5004,000,0003.200,000

10.000,0006.220,4001.500,000400,000

1.125,0007.041,0003.306.0003,349,000466,411480,500439,000412,000650,000

1.779,000750,000

l.l.OOap. m..500,000

4.2.50,0001 ,232,200

24,795,29811,876,2502.416,300

15.165,20011.989,68028,783,0005,355,0003.568,0002,060,0001.748,5003.693.200782,976

1 ,666,000300,000

• 464,000200,000

0.921,900.^.470,0004,000,000306,000157,000458,000684,000621,000452,500990,000969,00084,190

226,90028,600

4,970,680787,000

1..500,000713,000484,000

1 ,022,900336,900100,000

1.1,144,2004,59»,5781,650,000579,500

1.710,0003,146,9563.041,5702.074.000K.S!>7,3529,346,500880,000

INTKRK8T OB DIVIDEKDe.Rate per When

Cent. Payable

8

"e'g.

76777

f'so6

7 or g.

7?«•

77g.7g.

1277g.7g.

7 g.

7«-

7

l^-l^-V-7

"sig7777

7'g.

"»

7886668883366g.6g.6 g.

31a674 a.

3256666g.

J. & J.

g.

.1. ^k J.J. Sc J..1. & JM. & NA. & O,M. & NA. A O.

J. & J.Jan'aryA. A O.A. & O.A. & O.J. & JM. & S.J. A JA. & OA. & O.J. & J.J. & J.M. & N,J. & 3.

J. & J.J. <Sc J

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

A. A O.J. A J.M. A 8.M. AN.J. A J.

J. A J.J. A J.

J. A J,

M. AN.M. A N

A. A O.

J. AJ. AJ. AJ. AJ. AJ. AJ.

J.J.J.F. A A.M. A 8M. A N.A. A OM. A N.M. A N.J. A DJ. A J.J. A .1.

M. A NJ. A J.A. A O.J. A JA. A O.M. A aJ. A JJ. A J.M. A 8M. A N.J. A J.

When Payable, and byWhom.

N.V.,Farmers" li A T. CoN. Y., B'k of Coiiimerce.N.Y.,Del. A Hud.Can.Co

do dodo dodo dodo do

N. V.,WinBlow. I,. &f;o.Harrisburg, Treasury.Phlladeliihla or I/undon

PlUslmrgh.N. Y., Wlnslow, L. A Co.Pittsburgh, Penn. Co.

Boston, at Olllce.N. Y., G. Opdyke A Co,

Boston.dododododododo

Boston.New York, omoo.

doAtlanta, Ga., atTreas'y.

New York and London,do dodo dado dodo do

London, Co.'s Office,do do

Savannah.

N. Y., Perkins, L.A Postdo dodo do

N. Y., First Nat. Bank.

N. T., Perkins, L. A P.do dodo dodo dodo dodo dodo dodo do

Lynchburg Oflloe.Y., Perkins, L. A P.

PortlandLondon, Or. Trunk Rw.

PortlandLondon, Or. Tnink Rw.

do dodo doSavannah.

Phlla.,Farm. A M. Bankdo do

Baltimore ORlee,Bait., Merchants' Bank.

Baltimore OlHce.Bait., Merchants' Bank

Baltimore Oftice.London.

Baltimore OHIc«.London, Naylor A Co.

London.London, Speyer Bros.

Baltimore.

/If>n/ff—Prlnol-pul, When Dae.Hlnekt-ljutlDividend.

June, 1901

Jan. "1, "ioftaJiUy 1, 1878July, 1888Nov., 1895Oct., 1885May, 1881

Aprifl, 1906

March 1. 1896$100,000 y'rly

Oct., 1901189419011904

Mar. 1, 1909July, 1899

Oct. 1, 19001003

1879 A "82

July 1, 1902July 1, 1905

1905

1908April 1, 1897Jan. 1, 1907Feb. 1, 1878

Oct. 1, 1876Jan., 1902Sept., 1902Nov.. 1902Jan., 1902Jan., 1903

July 1, 1876

July, 18971879

Nov. 1, 1888May 1, 1889

Oct. 1, 1901

Jan. 1, 1877Jan. 1, 1877July 1, 1893Jan. 1, '84-'90

Jan. 1, '84-'90

Jan. 1, '86-'90

July 1, 1884Moh. 1, 1900Jan. 1, 1875July 1, 1880Feb., 1878

Mch. 15, 1878May 2, 1886Oct. 1. 1884Oct. 1. 1891Nov. 1, 1878June, 1878July 1, 1881July 1, 1884May 15, 1878Jan. 1, 1878June 24. 1878

1880188518951890

Jan. 1, '80*31Mch. 1. 1902

19101879-1900

Alabama Cmtmt.— In default since Jannary, 1872. '

Ne^tiatlons pending for a new adjnstroent, and apiece of new road now building. (V. «;, p. 40.)

Alabama ± Ortal. Saudurn. —This le the AlabamaA Cha tanooga reorysnized after sale. New bondsinned as statel in V. 27, p. «7. (V. 25, p. 40, 186;V. 26, p. IT, 8S. 84, S64.)

Albany tt Sw*/u4han7Ui.—This road was leased for180 years from 1S70 to Delaware A Had.<on CanalCo., at 7 per cent per annum, on stock and bonds.Important change in terms made In 16T6. Consol.mortgage Is for t;l(i,(K)0,(i n. of which $.3,460,000 Is

to retire old lioiids. and balance for a part of oldtOGk and to lessee for improvements, which up toApril, 1876, were $1,978,672. (V. 2Z, p. 399, 495; V.n,V- 301,427: V. 25, p. ei.t.)

AUe^/iamj rci^v—This road was embarrassed In1874. and comimimitied with creditors. Net earn-ings in 1877, $1,141,!>71. of Income bonds, $2,351,-400 are held by individuals, and pay interest In cash;$3,^,9,000 held by railroad! draw interest In bonds.Abstract of operations in 1875. 1876 and 1877 Inannual reports, V. 22, p. S.iS; V. 24, p. 4t»S, andV. 26, p. 493.

Athtalmta, Yoitngitoan A PUlt.—lt Is leased andoperated by Pennsylvania Co. at cost. Net earnings?ald to lessor, but lessee snaranteed Interest onat mortgage to Jan. 1, 1877. Defaulted October.

187T. CV. 25, p. 431; V. J«, p. 141, 496.)

AtcK'uon it A<*rOfia.—Gross earnings, 1876,$410,225: net, $47,147: unpaid coupons to ,Un., 1877,11,060,000. Plan of re-orgaDlzstion, V. 25, p. 510,by which $1,125,000 bonds and $3,387,000 stockwere given for old bonds and overdue coupons.(V. 22, p. 399: V. U. p. 44a; V. 25, p. 510.)

AUhiMn, Topeka <t Santa .^s.—Capital stock.$8,615,000. Net earnings, 1877, $1,219,601: see annualreport, V. 26, p. 468. Interest U paid on $976,000of the 2d consol. mortgage bonds, but on the balance

of that issue coupons were funded to Oct. 1376,and were then imid, half in cash and half in ten-yearscrip. Coupons of IST7, on no'cs of 1882, paid halfIn cash and half In scrip due 18H2. The extensionof leased lines and new roads building in IS78 arerefined to in V. 27 p. 1-V '1 he K C. T. A W. isleased at .1) per cent of gros" earnings, rising to SIper cent In 1880 and thereafter. (V; 25, p. 380; V.26, p. 3lj7. 468, 469, 522, 674; V. 27, p. 15, 40.)

Attanta it C'ar'otU.—Tlie Atlanta A Richmond.\lr-Line was sold in foreclosure December, 1876.(V. 23, p. 878, 575; V. 24, p. 180, 20:1, 369.)

Atlanta <t Wat Point.—Gt-^af> earnings. 1876-7.HILLM; net earuings, $1C«.!UI'. There are $83,000bonds outstanding. (V. 2:j. p. 308; V. '», p.

13T.)

Atlantic A Oreat IVMttm.—1'his road was leasedto the Krie for 99 years from May 1, 1S74, batthe lease was contested. Shortly after (in

July, 1874) default was made on Its bonds. Pro-ceedings looking to re-organiz ition are In progress,and a consldcraiile amount of securities has beendeposited bv holders with the London Committee.There has been iiniration as to postponing the pay-ment of the old Ohio Dlvisimi bonds. In Jan.,1878, £4 per bond was paid on the coupons of Jan.,18Tii, of the leased line rental bonds of 1872. Grossearnings In 1877, $3,97.1.278: net Inrome overrentals, Ac, $164,'7Q. (V •&, p. 16, 334, &10,&91, 640; V. -.6, p. 66, 95, 814, 444.)

Atlantic <t Oulf.—T\\e Company also has $.^34,000of old sectional mort. b'ds olilslandinK; $.'>(M.0On 10

per cent coupon notes: $45,000 -lunctlon Uraurh RK.bonds, and $51,500 Bainbridge Kxt. bonds. Inter-est oil sectional mortgages, prior liens to thecoosolidattid, is paid by receivers, and on cousoil- i

dated bonds 8 mos. in arrears. In New York, July, '

'77, $l,aao,0OO2d mortgage boajs, held as collateral, |

were sold at anction at 5)i(a6V. (V. 22, p. 469;V. J4, p. 39, 181, 203, 36s: V. 25, p. 57, 407.)

Atlantic. Misttsalppi db OAio.-Gross earnlngayear ending June 90, 1S77. $l,802.'28l: expenses,$1,331,412: net earnings, *470,m For year endhigJune 30, 1878 (Mar and .luoe partly esilmatodi,gross earnings, fl,t8S.031; net, $72J,0II: construc-tion, Ac. $:«)0,4(8; bala ce, $I2S,5«3. The divi-

sional bonds matured and maturing np to July, 1880,

have been extended for ten years by order of theCourt, and new sheets of coupons are Issu-d to theholders. Interest on the divisional bonds Is paid.K final decree of sale under the consolidatedmortgage is expected in October, 18:8. A schemeof re-organization approved by the consolidatedmortgage bondholders (mostly In London) will

probably be carried out. (V. 25, p. JtOl, 5.«; V. 28,

p. 141, s42. 444, 522; V. 2 . p. 40, 67.)

AUantie Jk St. Lawrencf.—lettBeA for 999 years,

from July. 1858, to Grand Trunk Railway of

Canada. Annual rent, 6 per cent on bonds andstock.

Augwta <* SiieannaA.—Leased to Central of Geor-

gia for $78,000 per annum ; has surplus fund 0/

about $50,000.

Said Eagle Valley.—U-^rvi to Pennsylvania Rail-

road at 40 per cent of cross receipts. In 11*77 gross

earnings were »136.962. The Pennsylvania Railroad

holds Sil the 2d mortgagn bonds.

Baltimore * OAio.—Annual report for 1876-7 in

V. 23, p. 509. The gross earnings of the "MainStem," Ac, and flnancial condition of B. A 0.

Co. for four years were as follows

:

Gross iNet Stock udBarnlngs. Bamlngs. Debt.$8,262,04^ $S,e61.HB1876-7 . .

1S7V6 9,»»»,a61

1874-5 10,'iM,178

1873-4 11,693,955

187»-8 1«,«52,844

4.215,9644,332,1065,018.0604,934,796

47,311,000«7,ni.ooo49,876,00018,967,00

xri RAILROAD STOCKS AND BONDS. [Vol. XXVII

Sabscrlbers will coaler a sreat favor by eivlng liumedlate notice of any error discovered In tUese Tables.

DESCRIPTION.

For explanation of column headings, &c., see noteson fli'st page of tables.

Baltimore <t Ohio—( Continuetl)—Loan., ster., (s. f. *7,500) lien on Cliic. line bonds.NA'tliwestcrn Virginia, 3d mortgage, 1855-85 ...

Bonds to State of MarylandBaltimore dS Potomac—1stM (tunnel) gold, 8. f. 1 p. c.

Ist mort., gold, tax free, ponp., s. 1. 1 per cent

—

2d moi-tgage, income, main lino and tunnel, reg..BeUeviUeit SotM. /i/.—1st M.,sink'g fund, guarBelvidere Del.—lat mort. due 1877, extended, guai-.

2d mortgage bcmds of 1854 (guar, by C. & A.)3d mortgage bonds of 1857 ( do do )

Consol. mortg.'ige of 1876Berkshire—Stoos.Boston <£• j;6tt/ii^StockDollar loanTx)anof 1875, coupon or registered

Boston, Barre <£- Garitner.—lsi mortgageBost.,CUn.iC FUchh.d: .V.jB.—Stock ($1,750,000 iiref.)

Ist mortgage, Agricultiu'al BranchMortgage bonds 18(10-70BondsEquipment notesN. Bedford Railroad bond.s ($400,000 arc 78)

Boston, Ootuoril <£ Montreal—PyeteireA stockCom. stock (forold dividends* new stock)Sinking fund bonds ($654,000)ConsoUdated mortgage bonds (for$i!,000,000).. ..

Boston <£• i.owe(i—StockMystic wharf purchase bondsBondsBondsNew bonds

Boston it Jfdtite—StockBonds, coupon and registered

Boston <t Xcto York A ir-Line—1st mortgageBoston if: i'/ODt'rfeHce—StockBonds to purchase l)ranches, coupon or registeredTen year notes for $800,000

Buy.,Brorf.<ePi(te.—Gcn.M.,(iucl. 10,000 ac. I'd)....Buffalo. New York d- £rie—StockNew mortgage

Buffalo, N. I. <i Philadelphia—1st mort., gold2d mortgage (for $1 ,000,000)

Burlington, C. Rapids <(: Xorlhern—1 st mortgage . .

.

BuW.cejUo.Ktc—l8tM.onr'd&400.000ac'sl'dl Cp.Income b'ds, conv. C. B. & CJ. sfk (4th ser.) I mayiBt tnortgage, couv. do. on br'ch (5th ser.)

fbe

Cou-ceitible bonds, C. B. & Q. st'k (6th ser.) J veg.Burl. <£• Jlfo. in JVc6.—1st M.,conT., laud gr.. "1 ^„„_Bonds, convertible till J.in.,1882

I mnvConsolidated miutgage f ,"'?iOmaha&S. W., 1st mortgage, guar J

""^^S-

Republic.au Valley Railroad, Ist mortgageBurl, it Southwest.—1st mort., cp., may no regCairo tt St. Louis—1st mortgageCairo <t Vincennes—1 st mortgage, goldCaip'ornia Pacijic—l8t mortgage, gold2a mortgage, endorsed by Central Pacitlc

Milesof

Road.

203

9898566167

' 8421

321

38^1512943

166

16082

204

3d moit., guar, by C. P. ($1,000,000 arc 3 p. c.) .

Camden <t Atlantic—BtoiA ($838,150 of it pref.)Ist mortgage (extended 20 years in 1873)2d mortgage

Camden rf- Bkrlint/ton Co.—1st mortgageCan. Soulh.-Hevc mort., int. guar.(for $14,000,000)Carolina Central—1st mortgage, gold, couponIncome bonds, coujiou

Catawissa—Common stock ',

New preferred stockOld preferred stockIst mortgage bondsChattel mortgage bondsNew mortgage

Cayuga <t Susmiehanna—StockCedar Falls <f J/iiiK.—Bonds on 1st div. sink. fund.

.

Bonds on 2d division, sinking fimdCedar Rapids tt Missouri—Common stockPreferred stock, 7 per centIst' mortgage

dodo

5266

26142140121121367281

'40

191

ioi4971

1811441561391391396760603129124224292

ioo65

ibo

Dateof

Bonds

Size orpar

Value.

AmountOutstanding

187718.55187818711871187518661877185418571876

1871-21875

185469-'701876

.61-'74

18581873

187218751876

1873-41875

1873

1876187118731876186318691869187018691873187818721878187018711871186918711875

185318551867187818731874

1461274

7058

146

1872

18641866

186118631866

£200.$....

i',6oo1,0001,0001,0001.000500500

1,000100100

1,0001.000100 &c.

1,0001,000

1.000500 &c

100100

100 c&C

1 00 &c, 500

100500 &c1,000100

1,000100

1,000500 &c.

1 00 '&c.

50 &c.500 &C.500 &c.500 &c.500 &c.500 &c.500 &c.1.000

i,6do

I'.OOO1,0001,00050050

1,0001,000

500 &c.1,0001.0001,000

50

' 501,0001,0001,000100

500 &c..500 &c.

100100

500 Ac,500 &e.500 &c.

INTEREST OR DIVIDENDS.

Rate perCent.

$8,000,000140,000366,370

1,500,0003,000,0001,133,0001,100,0001,000,000499,500745,000

1,200,000600,000

20,129,2825.000,0002,000,000400,000

3,047,700400,(X)0799,600528,000870,000571,500800,000

1 ,000,000202,000

1 ,478,0003,250,000200,000999,500500,000425,000

(i.921,2743.500,000500.000

4,000,000500,000(1)

580,000950,000

2.380,0002,582,000905,500

6,500,0004,638,2502S9,.500279,000370,500

5,715,000600,000

(i)

1 ,034.000853,000

1,800,0002,500,0003,500,0002,250,0001 ,600,0003,000,0001,2]5,.550490,000497,000350,000

(i)

3,000,0003,000,0001,159,.5001 ,000,0002,200,000230,500209,8.50

1 ,300,000589,110198,000

1,.334,0006,850,400769,600700,000582,000

2,332,000

56l>

6g.6g.6866671%476

6778

6&73

' 6'

6&7

77637737

"i'31276 g:10

,5

788

' 8

8(>

877 g.7g.

& §2?«636 g.7

31s7

7712%777

WhenPay'ble

J. & D.J. & J.

J. & J.J. & J.A. & O.J. & J.A. & O.J. & D.M. & 8.

F. & A.J. & J.Q.-J.M. & N.F. & A.J. & J.A. & O.M. & NJ. & J.J. & J.

J. & D,A. & O,J. & .T

M. & N.

J. &A. &J. &A. &A. &M. &.1. &M. &J. &F. &M.&J. &

Where Payable and byWhom.

i!ond«—PriDClpal. When Due.Stocks—hastDividend.

Lon., J. S. Morgan & Co.Bait., Mech's Nat. Bank

Baltimore.Baltimore or London.

do doBaltimore.

N. Y., Russell Siige.Philadelphia.

dodo

Treasurer, Trenton,N.J.Boston, Kiaaer, P. & Co

Boston Othce.dodo

Worcester, City Nat. Bk.Boston Offlce.

Boston, Boston N. Bankdo dodo dodo do

Bo.stou, Suffolk N. BankBostou Oftice.

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

J•Si J&T>.& O.it O& J& J& J& J

Bostou Offlce.do do

Boston, at Offlce.do dodo dodo dodA do

Boston, at Offlce.

do doNew York.

Bostop, at Oflicc.do do

June 1, 19271885

July 1, 1888July 1, 1911April 1, 1911Jan. 1, 1915Oct. 1, 1896

190218851887

Jan. 1, 1916July 1, 1878May 15, 1878Feb. 1, 1892July 1, 1895April 1 , 1893

July 1, 18841889 & '90

June 1, 189681,'82, '83, '85July, 1881& 94May 13, 1878

J. <fe D.J. & J.M.& N.A. & O.A. & O.J. & J.

J. & .1.

.1. & J.

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

J. & J.

A. & O.

M.'& N.M. & N.F. & A.F. & A.F. & A.J. & J.A. & O.J. & J.Q.—F.F. & A.F. & A.F. & A.M. & N.

New Y(uk, Erie RR.N. Y., Erie Railway.

do doN. Y., Farm. L. & T. Co.

do doNew York.

Boston and New York.do do(lo dodo doBoston Office.

dodododo

Boston, Co's Office.

18891893

July 1, 1878Oct. 1, 1879April 1, 1892JIarch 1, 1895Jidy 1, 1896May 15, 1878Jan., 18.93 & 94Aug. 1, 1895May 15, 1878July 1, 1893

189618771916189818931906189318791894188918941883

New York and London.N. Y., Nat'l Park Bank,

do doNew York.

Camden, Co.'s Office.

Phila., Farm. & M. B'k,do do

Phila. and Mt. Holly.N. Y„ Union Trust Co.N. Y. Offlce, 4 Broad st

do do

Jan. 1.

Dec. 1,

June 1,

Jidy 1,

July 1.

Sept. 1,

Oct. 1.April 1,

July 1,

July 1,July 1,

Jan. 1.

June 1, 1896JiUy 1, 1918May 1. 1895Oct. 2, 1901

Oct., 1909Jan. 1, 1889

1891July, 1905

Jan. 15. 1877Jan., 1893Oct., 1879

1897Jan 1, 1908July 1, 1923April 1, 1914

Philadelphia.dodo

Philadelphia.do

New York, 44 South St.

N. Y.,J. S. Kennedy & Codo do

Boston, Ti'casurer.do do

N. Y., Nat'l Park Bauk.do dodo do

May 15, 1878May 15. 1878Feb. 1, 18821888 to '89

Feb. 1, 1900July 2, 1878April 30, 1884Jan. 2, 1907May 1. 1878Feb. 1. 1878Aug. I, 1891Aug. 1, 1894May, 1916

The gross earnings of the main and all leased linesin re76-17 were $13, as,860. and net earnings,S4,9S3,805, including earnings of Pittsburgh Division.Div. of 25 per cent on Wasli. Branclx stock in June,1878. (V S5, p. (>2. 107, 60 9, 532; V. 86, p. 8^9,367, 599; V. 27, p. 67.)

Baltimore cfe Potom/i^.—This is the line of thePenn. Railroad from Baltimore to Washington. 'Thebonds are guaranteed by Penn. RR. and NorthernCent. Net earnings, \»Tt, tlU,7f8 (V. 'ii, p. 588;V. 24, p. St'S; V. 26, p. 598.)

Sellevilte & Southern Illinois.—'Lc&seA and operatedby St. L. Alt. & T. H. Co. on a percentage of grossearnings. (V. 24, p. 29T; V. 26, p. 417.)

Belvidere Delaware.— fHoc\i is $995,160. Leased to"United Co.'s of N. J., and lease assigned to Penn, RR.Net earnings go to lessor. In 1877 net earnings of B.D. were SliJ,56S. Floating debt, $111,702.

Berkshlre.—Leaseft to Honsatonic, at 7 per.centper year on stock, but IJi per cent is usually appliedfor taxep, &c.Boston * Albany.—.\s this is the principal West-

ern trnnk line from New England, its yearly reportsshow the coarse of business on that class of rail-

roads. In past four years the following has beenits exhibit: Gross Net Total Stock

Earnings. Earnings. and Debt.18r6-7 $6,179,610 $2,l(ifi,S44 $2S,870.5C!I1675-6 7,074,758 2,391,764 27,129,2821874-5 7,684,139 2,S16i,147 26,478,882187:)-4 . .. 8,963,128 a,4U,916 25,42*2,100

(V. 23, p. 471 ; V. 24, p. 204; V. 25, p. 430; V. 26,

p. 166.)

Boston Fnrre <t Gardner.—Income in IS76-77showed a deficit of $44,420 under ijilerett charge.

Bost. Clinton. FitcM) <!tN.Bedfd. -This was a con-solidation in May, 18."6. of the B. C.& P. and the N.Bcdf. roads. M yl, 1878, there were $719,792 flotesoutotanding. (V. n, p. 6*1 ; V. 24, p. 1 34, 518.)

.'Boston, Concord & Mordreat.—Oroas earnings for,e year ending with March, 187S, were $654,872

;

t earnings, $301,100. There are also $76,000 old

bonds due in 1865, .and $350,000 due in 1875. (V. 24,

p. 51 «; V. 26. p. 546.).B{W/OTij(6 Zojoe^/.—Operated with the Nashua &

Lowell, which receives 31 per cent. There are$407,000notes outstanding. (V. 23, p. SOU; V. 25,

p. 16; V. 26, p. 39.)Boston <ft Maine.—"Set income, 1870-7, $(160,964

against $846,653 in 1875-6. (V. 22. p. 280; V. 2-^, p.SCO; V. 25. p. 531.)Boxlon <t ,2f. Y. Air Zine.—Formerly N. Haven

Jliddletown & Wil. Road cost abont $6,000,00.1,represented now by $3,000,000 preferred stock and$1,000,000 common. Gross earnings 1817-8, $265,925;net, $17,482. (V.22.p.567; Y.24,p.589; V.-.6,p598.)

Boston. <k Providence.—The bunds and al.-o $794,000notes have been issued for purchase of branchroads. In November, 1877, $.800,OJO ten-vear noteswere authorized, to take up others falling due. (V.23. p. 547: V. 25. p. 531.)

Buffalo, Bradford * PitUburgh—VixAex perpetuallease to Eiie at $40,600 pi r year.

Buffalo, Neu! York c6 JE'ric.—Leased to Erie in18«;i, for 490 years, at7pcrcent on stock and interestand sinkingfund on bonds. (V. 23, p. 646; V. 24, p.^46; V. 25. p. IB.)

Buffalo, New Ymk tfc Philadelphia.—TMn is theconnecting line of the Phihidelphia & Erie withBuffalo. (V. 26, D 574.)Burllwjion Cedar Rapids 16 Northern.—The stock

is for $10,001,(00, ( f which $5,.500,000 has beenissued. This company guarantees $150,000 Minne-apolis & St. L. Rlt. bonds. (V. 24, p. .518; V. 25, i>,

260, .MO.)

Burlington Jk Missouri River.—An agreement ofconsolidation and a perpetual lease to CRicngo, Bar.ifc Qnincy, was made in Oct., 1S72. In August, 1875,stock of Chic. Burl. & Q. was issued in place ofstock of this C). and for convertible bond-. Annualreport V. 20, p. 335. (V. 20, p. 139; V. 82, p. 87.)

Burlington <Sb iTtssouri in Nebraska.—Thv stock is$*',.'>83,76fl, and a dividend of 2 per cent was mudeAugust 1, 1878. His a valuable land grant. Aproposal is made to issue new 6 per cent bonds for

8s maturing in 1894. Omaha & 8. W. is leased. TheRepublican Vailey road is leased and interest paidon its bonds, which are changeable for B. & M.consolidated bonds on any coupon day after July 1,

1879. (V. 26, p. 192, 494, ' 48, 598; V. 27. p. 15, 67.1

BurHngto.h A Southwestern.- 'DetdM\ted.tio^ ., 1873.

Foreclosure in progress. (V. 81, p. 159, 441.)

Cairo i4 St. £o«i*.—Defaulted in 1873 by fadurcto receive town and county bonds. Receiver ap-

pointed Decemoer, 1877. Deficit in earnings 1876-7,

$30,116. (V. •«. p. 358; V. 25, p. 511, 569.)

Calm <fc l'tflccnn<"«.—Defaulted in 1874. tn handsof receiver. Deficit in earnings 18:6-7, $11,747.

(V. 22, p. 446.)

California Pacific. - Gross earn 'gs, '76-7. $1,336,632;

net. $44-',086. Extension bonds of $3,500,000 and in-

comes of $1,000,000 were in default, and the newbonds of 1875, guaranteed by Cent. Pacific, wereissued in place thereof. (V. 23, p. 62; V. '24, p. 874,

4*8.(05.)Camden <i Atlantic—dross earnings, 1K77. J477,-

483; net, $177,041. Interest, &c., $92,'£!79. Divi-

dend, *2 per cent.Camden, Ji Bu'linglon Co.— Leased t'l United

Companies, at 6 per cent on $382,000 stock.

Canada Southern.—These bond" liave interest

guaranteed for 20 years by New York Central, at

3 per cent for 3 years and 5 per cent for 2? years,

but no guarantee of jirincip.l. iV. 24, p. 542; V.35, p. 283, :108, 375; V. 26, p. : 67, 391, 574.)

Carolina tyenlrat.-lirceiver appointed Peoember,1876. Passed interest January, 1876. (V. '<:! p. 62'3.)

Coto;('!»\ii.—Leased to Phila. & Read.. Oct.. 187'2,

New preferred stock dividend to be 7 [XT cent

in 1875-6 and afterwa d. (V. 20. p. :3S1.)

Cayuga <fe Susguehanna.-Lefised in perpetuity to

Del. Lack. & West. Dividends, 9 per year.

Cedar Falls <t .l/»»n«»'>/rt.—Leased to Duli, & SiouxCity, and sublet to 111. C. at $1,500 per mile yearly,

and a per cent of all earnings over $.S,.500 per mile.

Cedar Rapids it Missouri.—headed to C:iiicago &Northwestern at ^700 of first $1,500 gross earningsiwr mile; one-third of the next $3,00(5 per mile, andone-fifth of all above that. (V. 2!', p. 162.)

July 27, 1878.] RAILROAD STOCKS AND BONDS. ZTii

Sabaerlbera will eonftr a xreat favor by gtrtatc Immediate notlee of any error dleeovered In Itaoee Tables.

DK8CRIITION.

For expluiatlon of nolumn lipiuliiiKOi &<>,, bco not6«oil ArHt pago "' tikbluo.

Central R. R. a nnnk. aa.—StooliOcnoriil inort. "tiiiuirtltc" b<U ($5,000,000) coup.Miu'oii Jk WpHt**rii bondH

Ctnlrnl of /omi— I hI iiiortKUX« Kold, coupon2<l iii<iitV'iip\ Kolri. if-l.ttOO per niUe

Central a/ Sew Jeraei/SlookMortjnij^^ hontlHBondH (r.mvi-rtllilo Nov., ia7"> to 1877)Condolidiitoil iiioittciMH' (for *j:i,()0O,0OO)Kow KtMtenil iimi-ttruKi^ (" hliinkot")Newark A New York, iHt iiiortKiiKO

I,etilKli & WIlkcHlmrre Colli Co., iBtniort. Riinr

—

do do Ctinsol in., loiin. ^nar.Am. Dock* Imp.(!o. bonds, guar, (,'out.of N.J

—

CfHlral o/i fo—Coimnon 8to«kI*referred rttoek1 Ht luort IfUK" I'ondH

Central /'nei/ic—StockIHt mort., Hold, a ninkliiK funds. $.'50,000 fioeli).

.

Oillforniii State aid, (told («. fiiml, $50,000)Bonds, foniurly conv. into 11. H. lKls('i.r..*;).V>00)

iNt morik'UKe on Hun Jon<|uin Valley llraucli, goldU. H. l.oan. ('.^tl lien on certain terms)Western I'lM'ine, 1st niortKaKe, Rold

do (tovernment lien -

Cal. A OreKon. Ist niortKii>.'e, (,'<ild (jriiar hy C.P.I('. P, iMiiids, iiioi1«. on (1 * O. Br. (*7.-'(MU)00 iCSan Fl-niiciseo O. A A., Ist inortKUKO (*I,ri()0,000)

I,and bonds on I1,71'2.4IK) lutresCI)arMU- Columbia it Atujimta—lat inort. coiisol...

'iA MorldiiwOlutnterii— 1 8t iMortKaitoOMrry Vallrit simr.J- Al.— \»X luort., convertOhtutpeake it O'l i<>—stock1st luortLMKe sinkinK fnn<I RoUl1st iiioit. exten. {'2d on 4'J7 niilvH) conp. orrogrt..Debentures convertible into *Jd inort^axcIst mortgage, ( Va. tJcnt. K. K.,) giianuitecd by Va.Sd mortgage, do. do. couponIncome mortgage, (Virginia Central K. R.,) coup.Funded interest, ooui>on bondsInccnne bonds (for funding)

CAMAire— ."^toek, i)refcrred.Bonds, not mortgage

Chester Valteij— t st inortgago ;

Chicago J: A (/oil—CoMiinon stockPreferred st'ck (7 u. c. y'riy not cunuilativc) ....General mortgage, steiling, for £i)0O,T)OO

, IstniortgageIncome bondsJoliet A Chicago, 7 i>er cent, stock

do do 1st mortgage, aiiikiug fundBt. Louis Jack. A Cli., 1st mortgage

do do 1st mort. guar, by C. A A.,do do 2d mort. guar, by C. A A..do do 2d mortgage

Louisiana A Missouri, Ist mortgagedo do new mortgage for $300,000do do guar, pref. stock

Chicago A III. Riv., 1st inort. ($474.(K)0 guar.)...Bonds sei-ured by K. C. Ht. I,. A C. bonds

Ohieai/o. Hurlington <t t^tti«ci/—Stock.Ist niortg;igc, sinking fuiut, (trust)Consoliiiate<l mortgage exnipon, (for $30,000,000)Northern Cross R. K. 2d. mortgage, goldTrust inortga+re (Burlington to Peoria)Plain bolide (coupon or registcrwl)Bonds of 187,"), (sinking fund $13,860 jier year)Carthage A Hurlington, lat mort.. I

Dixon i'coria A iliinnlbal, Ist m... Couiwn,Ottawa. Oswejro A Fox Riv., Istm Unit may beIlltnois (Irand Trunk, Ist uiort

j registered.Qiiincy A Warsaw. Istniortgage .. / I

Keokuk A St. P., 1st M. (<,'<mp;, hut maybe rcg.)B'ds for St. I.. R. I. A C. (sink, fund $,50,000) coup.(^iiincy Alton A St. I,ouis, Ist mortgage, cxiupon .

.

Chieagoii Canada Southern—1st mort., goldOhicaao, Cineinttall <1 Louisville— iBt mort

Miles Dateof of

Roufl. BoDdR

708020 1872

1870202 1869202 18713.'>'J

71 18B01872

OT 18741876

7 186718741875

i'37137137 ....

1213712 1865-830 1864138 1862I4i; 1870742l.-SS 1869123l.'>2 1868152 1.S7220 1870

1870iilft I860\»r> 187223 187121 1869

427427 1869

18721872

187488

bfia677 ....

«4!)322 1873220 1863220 18623838 18.57

l,-)0 186437 186437 1868150 1868101 1870

"is 18751878

1«>204«!6 1858825 187310006

18721875

32 186040 186970 187044 187040 187043 1809

270 187646 187667 >2 187273 1867

SIxe, orpar

Value.

AmountOutstanding

$1001,000

500 Ac.1,000100

1,0001,0001,000

500 Ac,£2001,0001,000

5050

.,000100

1.0001,000

1,000

I'.obo

i',6bo1,0001,0001,000

r,6bo1,000

500 Ac.

lO'OAc,1,0001,000

100500 Ac.

i'oo100

1,0001,000

300 Ac.100

1

1 .oocrf1,000

i

1,000!

1,0001,0001,000

1,000100

1,0001,000

1,0001,000

500 Ac.500 Ac.1,000

50O Ac.1,000

500 Jti:

1,0001.0001,000

500 Ac.

$7,500,0003,500,000117,000

3,700,000925,000

20,6Wi,0O05,000,0004,400,000

1.5.000,0003,278.000600,000

1 ,<!80,0001 1 .500,0003,000,0002,437,9504 11,.5,50

2,500.00034,275,50023,883,0001 ,5(K),00O1,483,0006,080,000

25,885,0002,616.0001,970,0006,000,0002,000,000.500jpOO

8,8B4;0001,810,500500,000.500,000300,000

15,898,40115,000,0005,426.000

66,000100,000902,000300,000160,500

1,220,3312,1.53,300836,400500,000

10,065,3002,425,4004,379,8.502,383,0001,087,0001,.500,000306,000

2,365,000564,000188,000360,000

1,8.54,000(t)

1,000.0003,000,000

27,644.9162,715,000

11,521,000811.000601,000

1 ,632,475423,000266,000346.500

1 .079,000syo,.500720,000317.000

2,467,000H40,<XX)

2..57 1,3.501,000,000

INTERE8T OR DIVIOENDS.Rate per

Cent.

2>3777g." K-2«9777

7

7g.7g.

6 g.

t'-6g.7777 .

"e'g.

I'-68871

673I3

a^5«-t

71%877777

76 g.4874 g-77588888

7g.7

WhenPayable

J. A D.J. A J,A. A O.J. A J.A, A O.Q.-J.F. A A,M. A N,Q.-J.

J. A J.M. A N.Q.-M.

.1. A J.

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

A. A O.J. A J,

.1. A .1,

.1. A J,A. A O,J. A J.

J. A J.

.1. A J.

J. A ,1.

J. A .1.

A. A O,J. A J,

A. AG,J, AD.

M. A N.J. A J

A .1

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

J. A J.

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

M. A S.

J. A J.

J. A J.A. A OQ.-J.

J. A JA. A O.A. A O.J. A J.J. A J.F. A A.

M. A S.

M. A N.M. A 8.

J. A J.J. A J.

J. A J.A. A O.J. A .1

J. A D.M. A X.J. A J.

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

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

Where "^^able, and bylOIO.

Havaiinah, tia.Now York A Savannah.

Mueoii, fla.

Now York, Olllco.do do

Now York, at olflce.

do dodo dodo dodo dodo do

Ixradon.N.Y.-Ccnt. RR. of N. J.

do doBait., at B. A O. office.

do doBait., West. Natl. Rank.N. Y. A San I'rancisco.N. Y., Flsk A Hatch.Sacrain'o State Trejis.N. Y., K. Kelly A Co.N. Y., Flsk A Hatch.

U. S. Treasury.N. Y„ Flsk A Hatch.

U. 8. Treasury.V. v., Flsk A Hatch.New York A Ijiudon.N. Y., Fisk A Hatch.

do doN.Y.,M.K.Jcaup,P.A Co,

Philadelphia, Penu R.R.N. Y., Metropolitan Bk.

. Y., Fisk A Hutch,do dodo do

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

i«onrf»-Pno«l-pal, When Dae.Btoek*—lMitDividend.

Jon. 2, 1878Jan. 1, 1893

Oct., 1880July in, 1899April 15, 1901April 10, 187C

1890Nov., 1902

Jnly 1. 189918861887

Feb. 1, 1899June 1, 1900

July 20, 1878Jnly 29, 1878

Sept., 1890Oct., 18771895 to '98

July 1, 1884Jan. 1, 1883Oct. 1, 19001895 to '98

July 1, 18091899

.Tan. 1, 1888

.Ian. 1, 1892July 1, 1890Oct. 1, 1890

1893

Oct. 1, 1901Dec. 15, 1999

Boston.do

Philadelphia.N.Y.,M.K.Jesup.P.A Ck).

do doLond'n.J.S.SrorganACo.N.Y.,M.K.Je8up,P.A Co.

do doN. Y. U. 8. Trust Co.

N.Y.,M.K.Je8up,P.AOo.do dodo dodo dodo dodo do

Nov.. 1899Jnly 1, 1902July 1,'77 to '92

18801884187618771893

Jan. 15, 1878July 1,'80AW!

May, 1872Jlar. 8, 1878-Mar. 8, 1878July 1, 1903Jan., 1893Jan., 1883July, 1878July. 1882April. 1894

April 1,1894July. 1898July, 1898Aug., 1900

N.Y.,M.K.Jcsup,P.ACo.do do

N. Y., Bk. of Commerce.do do

N. Y.N. Bk.of ( 'om.ABostFrankfort.

N.Y., N. Bk. of Coin'rce.Boston. Co.'s office.

Boston. Co.'s Office.N.Y., N. Bk. of Com'rce.

do doNew York and Boston.

Boston.New York and Boston.

Boston,do

Boston, C. B. A Q. RR.N. Y., Union Trust Co.N. Y., FaiTii. L. A T. Co.

March 1

May 1,

Mar. 15Jan. 1,July 1,

.Inly 1.

Oct. 1,Jan. 1,June 1,Mav,July,July,Oct.,July.April,

Oct. 1,

Feb. 1,

April 1.

Jan.,

, 19051903187?188319031890189018961869.;1879, •'

188919001890189018791901189619021837

Central Railroad <t Bank, Go.—Leues severalroads, and giurantees bonds. In April, 1876. pur-chased one-half interest in Western Railroad ofAlabama at foreclosure (*alc. The " tripartite"bonds arc i»»iied Jointly by this Company, the Macon& West., and Southwestern, Gross earnings yearending Aug. .31, \K7. |2,109.09«; net, $8W,9-X5. (V.a, p. 35.% 49 8 ; V. r>, p. 43 9.)

Central cf /»(»a.—Sold In foreclosnrc, July is,

18T7. nnd r Ist mortgage. Gross earnings. 18T7.$N3,8I8; net, »iOl.l90. (V. «, p. 159, 4«T: V. *!,p. 1 as, 561; V. 2S p. 62, 'aT, 4.31, 591; V. !W, p.ai5.;

Oerdrai of New Jersey.—K full abstract of the re-organ zatlon scheme now pending was published inthe CUR0NICI.1S. V. .6. p. 215. with a brief statementof eoruings in 187^ and probable future earnings.Net earnings, 1877. after paymcijt of Lehigh ASusq rental, were |;1,888,W5. The report ofCommittee consolidated mortgage bondholders wasaven in V. {4, p. 494; and on Ix^hlgh AWilkcs-

irrc Coal Company in V. », p. Ii.3. The Centralof New Jersey assnraes $il,3IO,( 00 of Lehigh ,

Coal & Navigation Company's debt and t'Ji 5,T?B i

of the Railroad Car Trust Company. The Anieri-'

can Dock ,t Improvement Co. cxecutea a mortguirefor »l,noii,0()o, in 1877. 'o scenre its bonds. TheloDowin; table shows the receipts, expenses and netearnings, including Lehiiih A Susquehanna Divi-sion:

ceipts for livo years, and 40 after,

dividends.Pays 6 per cent

W741875.1878 .

187 .

Receipts.

.. 7.411,6.?7

. «,94«,O)05.«S!>,C67

Expenses.$4,140,601

4,1!M '<7

3,t»4,ueo

3,8(9,897

Net eam'ffs.|4,44n,n;o3,i8!,HI0

3,38a,0004,44!),,;71

iX: -*• P- "^s '"• 1*'. '5«- -M. «« -49, 474, S7.->,

aw, 39«. 430, 445, 4W, S I 7, 590, «04; V. 25, p. (i.3, 457.

S?,' ^- '-^ P- *> "''• "J- '«'. *ll'. 315, iO:, 495, 574,69 J, tiM.)

Oen^ro^ OAio.—Leased to Baltimore A Ohio RR.n lObti for 51 years; rent 35 per cent of gross rc-

CetUral Pactflc.--ln K'A a pan of the SouthernPacirtc ;inei was leased. Au abstract of theannual report for 1876. Including the land agent'sreport, also gross and net earnings to June 30, 1677,was L'ivcu in the Chhonici.e, V. 23, p iV). Grosscamiuirs, 1876, $18,14f),94l. currency; expenses.8«,'!3J,074; net carniniri', $H,414,^H9. The policy ofmaking- fl iier cent dividends yearly was declaredin 1H75.' Trustees of land mortgage held in May,1878, tl, 109.242 in cash, ar'd »i,(.9fi,»i2 ii n< tes.

asranst the land grant bonds. ;V. 25, p. 200, 236,375, :«); V. 26, p. 368; V. 27, p, 4',)

ChnrMU, tMnmbla <C An/iitsla—Siac\i. is $8,578,-000, and %\m,rm of old Col. A Aug. bond" are yetontstaniiing. Net eurniogH ill the year euding Sep-tember .tO, 1877, $2rt,488, au'iiinst ¥20:),:«7 the pre-vious year, (V. 84, p. 62; V. 2i, p. 0.5.)

<7A'/r'l«r«.—I/iased to Pitts. Cin. A St. IaiiiIs, andoperated by Penn. Co. Net earnings go to lessor

—

in 1877, $42,406. (V. 22, p. 519; V. 81, p. 419.)

Cherry V-Uetj. Shnr. 4s Xf.—Transferred to Dcla-wore A Hudson t^unal Co., April, 187.5. Interestunpaid in December, 1875. (V. 20, p. 404.)

Clie'apeake <* OAio.—Sold in foreclosure .April *.

'87S, for $2,750,000 »nd r. -organized, A completestatement of outstanding llabilltleB and the plan ofre-organization were ^ven in V. 21, p. 569, Last.iunu:U report with earu'nss, expenses, Ac, in V.26. p. 17. Net earnings 187ii-7. $.H9,.3(>7. (V. 22, p.42, 87, 134. S'*l, 37.5, 3<«. .589; V. 2<, p. 111. BS5;V. 24. p. «2, 299, :)20; V. 2.5, p. I?«, 841 ; V. 26, o.1 7. .348, 522, 6i5; V. 2;, p. 15.) i

Cheehirt.-tict income. 1876-77. $78,156. New 6per cent lionds for $586,0 U authorized, to red:einbonds of IKaO. (V. 23, p. 5 4 8; V. 28, p. 493.)

Chttltr VaV^;y.--In bands of trustees and leased

to Philadelphia A Reading. Coupons due 1360, paid-May, 1876.

Chicago <ft Ait/in.—Ttui report for 1877 Is given atlength in V . 2S, p. 213, and snows gross earnings of$4.464,:^43, and net eaminsrs of $2,107,:337, a^lnat$2,269,467 in 1876. Joliet A Chicago RR. is leased forinterest on stock and bonds. St. L, Jack. A Cblc.Railroad leased at $240,000 per year. Louisiana *Mis.-ou'i Itailroad operateii under contract. Newextension to K 'iis-is City bail! in 1878, and a mort-gage on that line (K. 1'. St. L. A Chic. KK.) is

deposited in trust as security for C. & A. gold lis ofls78. Chic. A III. River was to have been sold .May31. 1878. but sale enjoiueri. (V. 25, p. 4:3; V. 2-1, p.93, 192. 213, 289, 436, .547; V. 27, p 41.)

Chicago Bnrlinfjton ct Quincy.—Purchased in Oct.,

1876, St. L. Rock Is. A Cliic. road, for f1.570.000 in

gold. Gross eaniings for 1877 were. $I2.M0.875: ex-penses, 87.3' 9.'0R; net earnings. $5.221, IWi; interest

charge, $2.139,!)' 1. The C. B. A Q. leases nnmoronBbrancli roads, giving 1 hem a trallic guarantee usually

40 or 50 p. ct.) for piirchiislng their bonds. LeaseeIn perpetuity the Q. A. A St. Louis at $4J,(K» perannum. Enough of the C. B. A Q. consolidatednioitgage is rcserv--d to take up prior debts. In.\ugust, 1875. stock of thi? Company was ("•ned in

exchange for Burlington & Mlesonri River Railroad

stock, and t'le same is abr sivcu for the convertible

bonds of BurliuatoD * Missouri River Railroad.

The bonds of 187«, for purchase of St. I,oui.« RockIsl. A C. Railroad, are plain bonds of Chicago Bnr-

lington A (iuinry, but offset hy 7 per cent mortragebonds of like amount, ccured on St. Ixinis RockIsland A t'hicuL'O load, and deposited with trustee*.

(V. 21 p. 6.3. 111. 202, 274; V. », p. 188; V. tt, p.

1»0, U8.)

Chicago <* Canada .'toi//A«rii.—Connection of Can-ada Southern. Interest in default and ainonatoverdne .Isnuary I. 18i7. $62S.I8(I. Deflclt on opera-

tions in 1876, $-23,8JI. (V. 25, p. 281.)

(Chicago. Cincinnati <t LoitUvUte.—'So isform*-tlon furnished.

trili RAILKOAD STOCKS AND BONDS, [Vol. XXVII.

tiobaerlbers nrlll confer a great Ulvot by glTine Immediate notlee of any error dlacoTered In tbeae Tables.

DESCRIPTION.For explanation of column headings, &c., see notes

on first page of tables.

Milesof

Road

Dateof

Bonds

S'™J»^1 AmountValue. Outstanding

INTEREST OR DIVIDENDS.Rate per WhenCent. Payable

Where Payable, and byWhom.

Bonrfs—Prinolpal, 'whou Due,Slock)—IjaatDividend.

Chic. <e East. III.—iHt mort., gold, sinking fundIndiana exten., Ist mort., gold (Sdmort on 114m)

Chicago d: loira—Ist mort., coup., may be regChicago, Iowa li Nebraskw—Stoc^2d mortgage (now 1st)3d do (now2d)

Chic, a L. JTwron—Peninsular, 1st M., gold, a. t.

Port Huron & L Mich., Ist mortgage ,

Chic.it Mich. L. Shore—lat M., New Buff, to St. JoIst mortgage, main linelet mortgage, on branches1st mortgage, on Muskegon & Big R. Branch

Chicago, Milwaukee it SLFaul-Coin. stockPreferred Rt'ck (7p.c. y'rly, not cumulative)Coneolidated mortgage (for $3.5,000,000)1st mortgage f^Lacrosse Div.)2d mortgageIst mortgage (Iowa & Minnesota)let mortgage (Minnesota Central)1st mortgage (Iowa & Dakota)Ist mortgage (Prairie du Chien)2d mortgage (Prairie du Chien)Milwaukee & WesternSt. P. ic Cliic. Ist M. (Riv. Div.) $ & *(conv.)let mortgage, Hastings & DakotaIst mortgage, Chicago & Mil. lineWestern Union, Istnmrtgage

Chicago it JforthweslerH-Commou stockPreferred st'ck (7 p. c. y'rly, not cumulative)

,

Bonds, pref. (siuk'g fund), 1st mort., Chic, to OshInterest bonds, funded coup., 2d m., Chic, to Osh.1st mort., general, 3d mort.. Chic, to OshkoshAppletou exten., 1st mort. on 23 miles and land.

.

Green Biiy exten., Ist mort. (m 26 miles and landIst mort.. Galena & Chicago Uu. RR. extended. .

.

MiSNissippi River Bridge b'ds, lien on net earnings1st mort. (Peninsular RR.) on roads and landslet mortgage (Belolt & Madison Railroad)Consol. siuk'g fd M.. (all above convert, into this)Madison extension, let mort., sinkiug fund, goldChicago & Milwaukee, 1st mortgage, 2d lieuMenominee extension, 1st mortgage, goldGen. cons mort., gold, coup, or reg. (^8,000,000)Winona A St. Peter, 1st mort., guar by Chlc.&NW.

do 2d mort., do dodo 1st M. exten, gld, land gr., 8. t

Iowa Midland, Ist mort., guar, liy Chic. & N. W.

.

Northwestern Union, 1st mortgage, goldChicago it Paducah—lat mortgageChicago, Pekin it Soulhweslern—la2d mortgage

Chicago, Rock Inland it Pacific—BUickBranch bonds (sinking fund $40,000 per yr.)let mortgiige (for $12,1)00,000) coup, or regChlc.A Soulhw., 1st M.g. (g'd in cur. by C.k!i.&P.)Iowa South, i Missouri North. RR. stock ..

Cincinnati, Ilamillon it Z)o^(on—StockIst mortgage of 18532d do 186.5Consol. moit. (for .$3,000,000), sink, fund i p. c'

'

Cln. Ham. & t, (Jimction) RR., 1st mort., guar..Oinclnnali. iMfayetle it Chicago—Istmort., goldConsolidated mortgage

Cincintuili it Muskingum Valley—1st mortgage*!*"Oin., Richmond it Chic—lut mort., guar. C. H. &b2d mortgage, guar. an<l owned by C. H. & D

Cin. Richmond it Ft, ir.—1st mort., gold, guar,Cincinnati, Satidusky it Cleveland—Stock. .

Preferred stockMortgage bonds, Sandusky, Dayton & Cincinnati

do Sandusky city A Inddo Cincinnati, Sandusky & Cleve.

.

Cincinnati it SpringfleM—lat mortgage, guar •

2d mortgage [''

Oin., Wab. it Mich—let mortgage !!!"[.!**Cleveland, Columlms, Cincinnati it /»rf'.-^tocic1st mortgage (C, C. & C. RR.) $2.5,000 a year*. .

.

do . (Bel. & Ind.) exch. for new mort. .

.

do C, C, C. & I. sinking fund.. Consol. M. for $7,500,000 (sink, fund 1 per ct.)

"

-ist mortgage.

108218082828216666

521,4121,412

3*7*6

37022049

2*3*5

235

1*3*6

7585197

1,4591,4591931931932326

248**7*4

4677912685120

1,05813713717575621567064

732

6*3*6

271

**66

606060985056

148363690

7 881S8

8048114471138202390390

186918721871

1*86*0

1863186918701869187018711872

1875180318611867186418691868186818611872187218731866

185918621859

186*2

1853

1*86*3

186318651871

187*1

18721870-11871-1187118701872187318711871

1*875

18771869

1853186518751873187118741870186618691871

186618521867187118721871

1*860

186418691874

$1,0001,0001,000100

100 &c,500 &c.

i',66*o

1,0001,0001,0001,000100100

1.0001,0001,0001,0001,0001,0001,0001,0001,000

i',6oo1,0001,000100100

100 &c.100 &c.100 &c.500 &c.500 &c.1,0001,0001,0001,0001,000

500 &c.1.000

500 Ac.500 Ac.1,0001,000

100 Ac.1,000

500 Ac.1,0001.0001,000100

1,000l.OOOAc100 Ac.

i'do1,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

5050

1,0001,0001,000lOO500

1,0001,0001,000

$2,500,0001,500,0001,750,0003.916,200568,200211,500

3,600,0001,000,000477,000

3.523,0001,3.50,0001,280,000

15,404,26112,279,4835,861,0006.600,000600,000

3,810,000190,000640,000

3.674,0001,315,000234,000

4,000,000213,000

2,.5O0.0OO3,500,000

15,103,14521,090,3341,230.500729,600

3,539,400139,000251,000

1,691,000181,000285,000271,000

4,455,0003,150,0001,700,0002,700,000

12,343,0002,750,0001,650,0004,375,0001,3.50,0003,500,0002,961,000700.000300.000

20,979,800916,000

9,t)00,0005,000,0005,000,0003,500,0001,246,000494,000

1,500.0001,846,0001,120,000471,000

1,.500,000560,00065,000

1,800,0004,005,7,50429,037750,000350,000

1,100,3002,000,000651,000

1,824,00014,991,800

175,000429,000

3,000,0002,422,000

!«•

5777g.

I'-8H87 s.

3I2

77777787-37?«*

7733>a7777777777

V'7 g.

7

I'-

V-882G672477777 g.

7g.7777g.

lOs.3677777g.3777

7 or 6 g.

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

J. A J.

J. A JF. A A.M. A N.M. A N,M. A S.J. A J.M. A N.M. A S.

J. A J.A. A O.J. A J.J. A JA. A O.J. A JJ. A J.J. A JF. A AF. A AJ. A J.

New York, Co.'s Office.do do

New York and Boston.Boston, by Trcjwurer.Boston, Merchants' B'k.New York, Park Bank.

New York.do

Boat., Treasurer's office.

do dodo dodo do

New York, Office.dododododododododo

dododododododododo

New Yor:t, Office.J. A J. lyondon and New York.J. A J.J. A JF. A A.J. A D.J. A D.F. A A..M. A N.F. A A.F. A A.F. A A.V. A A.J. A J.M. A 8.J. A J.Q.-P.A. A O.J. A J.J. A D.J. A D.J. A J.M. A NJ. A D.A. A O.M. A 8.

J. A J.F. A A.A. A O.Q.-F.F. A A.J. A J.M. A N.Q.-F.A. A O.M. A N.J. A JA. A OJ. A J..M. A 8J. A J.J. A J.J. A J.J. A J.J. A D.

M.*A*N.F. A A.M. A 8.

J. A D.A. A O.J. A J.J. A J.F. A A..r. A D..1. A J.|M. A N.J. A D.

New York, Office.do do

N.Y., Mil. A St.Paul RR.New York, Co.'s Office

dodododododododododododododododododododo

dodododododododododododododododododo-dodo

N. Y., Farn.. L. A T. Co.

New York, Co.'s Office,do dodo dodo dodo do

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

N.Y., J.S.KeunedyA Co.do do

New York, Moran Bros.N. V..Winalow.L.ACa

do doN. Y., Winslow, L. A Co

Boston, Office.do dodo dodo do

N. Y., Union Trust Co.N. Y.. U. 8. Trust Co.

do doWabash, Indiana

N. Y., U. S. Trust Co.do dodo dodo do

New York or Ix»ndon.

April, 1909April, 1912

July 1, 1901JiUy 1, 1878July 1, 1888Aug. 15, 1892May, 1889

May 1, 1»00Sept. 1889July, 1890Nov., 1891

sept. 1, 1892Jan., 1871

Apl. 10, 1878July 1, 1905

18931884189718941899189818981891

Jan., 190219021903

Feb. 1896Juue 27, 1878June 27, 1878Aug. 1, 1885May, 1883

Aug. 1, 1885Aug. 1, 1885Aug. 1, 1885

1882Jan. 1. 1884Sept. 1, 1898Jan., 1888

Feb. 1, 1915April, 1911

July 1, 1898June 1, 1911Dec. 1, 1902Jan. 1, 1887Nov. 1, 1907Dec. 1, 1916Oct., 1900

June I, 1915July 1, 1903Aug. 1. 1901

1891Aug. 1, 1878Au«. 1, 1895July 1, 1917Nov., 1890

Aug. 1, 1878April, 1873

May 1, 1880July 20, 1885

Oct., 1905Jan., 1903Mch. 1901

Nov. 1, 1914Jan., 1901July 1895

Jan. 1, 1889Jnne, 1921

1872May 1. 1878Aug. 1, 19008ci>t. 1, 1877Dec. 1, 1890April 1, 1901

1902July 1, 1891Feb. 1, 1876June, '75 to '84

Until 1899May, 1899

June 1,1914

Chicaao <ft Satt Illinois.—The Chic. Danv. A Vine.was sold ill foreclosure Feb. 7 and 8, 1877, and bothDivisions were re organized. (V. 2a, a 40, 334866, 431, 618; V. 28, p. 'JC4, 315, 419.)

Chicago <t Totoa.—^o\i Mar. 9, 1878, in foreclosureof Sd mortgage of $1,150,000, and a re-sale orderedNet earnings 1676-7, *114..%6. (V. 85, p. 138, 30T:V. 86, p. 166, 264; V. 47, p. 40.1

Chicago, Iowa & iVl!^'a*'A:a. --Leased in perpetuityto Chic. & Northw., at 37>i per ct. of gross receipts.

Chic. A Laie Huron.—This was a consolidationof the Peninsular Railroad and Port Huron & LakeHicb. To be sold in foreclosure under the sectionalmortgagee. (V. !H. p. 275; V. 25, p. 90, 212, 283;V. 86, p. 116.)

r, , ,

Chill, dk Mich. Lake Shore.—In default since July,1873, except on the $477,000. Foreclosure uendlne(V. 24, p. 493; V. 26, p. •)9.'>, 599.)

Chic. Mil. it St. I'aut.—'Nut earnings 1877, $.S,674 -

4«0; 1876. »3,I00,847; 18:5, $3,085,389. The earningswere reduced in 1874 and 187.i by the lower freightrates imposed by the Wisconsin railroad law. 'rhelaw was modified, and with April. 1876, higher ralesagain took effect. Annual report for 1877, V. 46. p.364. The followmg is a comparison for three yearsof operations, and financial coudUion at the close ofyear:

Chicago db Xorthwest.—The fiscal year ends withMay. The last annual report will be found in theCHRoNicLg. V 25, p. 160. The net surplus of theyear on the Chic. & Northwest, lines proper, afterpaying interest, was Sl.SS^O;?, and on the wholesystem, Including proprietary roads, $1,078,226.The net deficit on proprietary roads was $7.56.791,Including the interest on their bonds. ?or sixmonths. June 1 to Dec. I. 1877, gross earnings were$7,758.' 67, agalnft $7,641,7E6 in 1876; net, profit(.verlt.t.,rentals, &c.,;$l,.379,S2.3, against $I,0:.'7,7.5iin1876. Lands of the company are 2,15.S,074 acresunsold, operations of the C. & N. W. proi<er, forthree years, compare as follows:

1877. 1876.Miles 1,412 1,399Stock $27,^81,744 $27,673,744Debt 29,954..500 30,010,500Earnings. .. 8,114,891 8,054,171Op. expenses. 4,510,433 4,95.3,321

Net earnines. 3,574,460 .3,100,847

i,H7.'i

i,:J99

$27,673,74487,129,0008,255,7435,170.3543,085,389

Of coasol. bonds of 1875 enough are reserved totake up old debt. Dividends have been paid since1869—on pref. stock—in 1878 7 cash, in 1877 3^cash, in 1876 14 per cent in bonds, and 3^ per centIn cash; in 1874 7 In bonds, 187S 7 cash, 1872 7, 1S717, 1870 7 and 3 scrip; on common stock m 1871 7scrip, 1870 3 cash and 7 scrip. (V. 88, p. ^0, 431 I

587; V. Ki, p. Ill; V. 24, p. 105, 111, 39S; V. 25, p.'

,

118, «I; Y. 36, p. 117, Ki,S99.) I

Gross Expenses Netearnmgs. and taxes. earnuigs.

1876-^77... . $ll,sr7,.50l $6,517,680 $.5,!)29,8191875-76... .. 12.778,7.1 7,408,8.57 5,364.8 31874-75 .. . . 12 707,18ii 7,984,694 4,723,l'31All other bonds, includlua those of proprietaryroads, together aggregating $35,349,000, may beabsorbed by the "old loan, and that amount isreserved from the $48,000,000. Dividends have beenEaid 88 follows: ,June, 1878, 3X on pre'., 3 on com.;lec, 1877, 3 1< on pref.; Dec. 1876.2H on pref. ; July,

1873, .3X on pref. ; Dec . 1872, 3>4 on both; June, 1872..3>^ on pref.; Dec, 1871, 3><on pref.; June, 1871, 5OR both; Dec, 1870, 5on both; June, 870, 8onprcf.;Dec, 1869, 5 on pref., 4 on com.; June, 1869, Sonboth; Dec, 1868. 5on both, (V. 2.5, p. 160,441. 5.32;V. 26, n. 469. 574 )

Chicoffo <J Padiicah.—dross earnings 1876-7, 11871.-370; net, $'^8 294. (V. 23, p^ 487.)

Chic Pek. tftSoi/ttw'/i—Receiver apuolnted June,1877. Net earn'g< 18;6-7, $58,211. (V. 2,5. p. 16, 618.)Chicago Hock hlatid dt Pacijic.—Itt 1877-8 gross re-

ceipts were $7,895,870; net receipts, $!J,511,,3.5(i; divi-dend payments (8 p. c) $1,678,.384: surplus for theyear. $665,817. Owns stock of la. 80. * Mo. North,and pays 2 per cent quarterly 10 Rock Island stoclc-holders, making their quarterly dividend actually3X per cent. Controls Peoria A Rock Island road.Keokuk A Dds Moines RR. was leased Mav, 1878.(V. 85, p. 15, aao, 476; V, 26, p. 574, 69<», OH, B5S.)

Chicago A Southweilern.—T^An Company's first

mort 18 guar, by Chic. R. I. 4 Pacific, which fore-closed and sold the road. Foreclosure on Atchisonbranch was made Oct. 16, 1877. (V. -i\, p. 396; V.25, p. 15, 186, 380; V. 86, p. 16<.)

Cine. Ham. A Dayton.—'Set income I ft 1877-8$8;,784 after payment of Interest. Defaulted onC. H A I. guarantee in 1877. (V. 35, p. 186, 569,

591; V. ai. p. 117, 599, 644.)Cincinnati, Lafayette A Chicago.—Gmsia earnings

in 1876-7. $,i38.l'7», net, $116,159. (V. 20, p. 568^Cincinnati & Mmkinqym r«ff«y.- Is leased for 99

years from 1873 to Pittsb., Cin. A St. Louis for netearn'gs. but bonded interest is guaranteed. Net earn-ings, 1877, $25.885—total loss to lessee, $7a,m. (V.88, p, fil9, 614.)

Cincinnati, Richmond A Chicaiio.- Leased to Oin.,Ham. A Dayton, which owns most of the stock. Netincome above Interest, 1S75-6, $8,229. (V. 81, p. 68.)

Cincinnati, Richmond A Fort Wayne—Leased toGrand Rapids for 99 years. Interest guaranteed byGr. Bsp,, Cin. Ham. A Dayton, and by PennsylvaniaCo. (V.i-i. p. 532; V. 24, p. 563.^

Cincinnati, Sandvsky A Cleveland.—In the yearending Juue 30, 1S7', gross earnings were $655,4X0;expenses, $5.30,677; net earnings, $12!,743. Difflcnl-ties about receiver in 1877, and funding of coupoasproposed. (V. 84, p. 381, 346. 363, 3i(6, 4iO. 443,468. 564; V. 35, p. 380, 407. 4:10, SIO, 5)1; V. 86,p. 116. 141.

V

dneinmUi A Spring/ield.-LeskaeA m norpetnltyto Clev. Col. C. & I., with guarantee of interest:on first mortgage, h.<ilf of interest is also guaranteedby Lake Sh. A M. S. (V. 83, p. 232.)

Cirtelnnalt, Wobash A Mlchi^an.—Some bond*held by L. Sh. A Mich. So'n. but no Indorsement bythat company. Went into trustees' hands Jan , 1878.(V. 96, p. 40, 166, 193, W.)

Cleveland, Coltimdus, Cincinnati A Indianm.—Annual report in V. 88, p. 881. Net earnings 1877.$438,778, against $T08.»17 in 18T8. (V, 84, p. H»330; V. 85, p. 610; V. 86, p. 38T.)

Joi-v 27, 1878. JRAILROAD STOCKS AND BONDS. xiz

•bacrlbara will eonftr a (real lavor by (ItIoc lamadlat* nolle* of aar error dUeoTar«4 ! tkeao Table*.

DK8CRIPTION.

Vor explanation of oolunin hnadlnRti, Ac, aee not«<on lint i>nKo u( tiibleii.

CUoeland •( Mahoning YalUy—SUxikI Kt inortKUKU) oxtvudodNew IwiidnNIIvsANuw l.iHboii, l8t iiiortgaKO

Vlntland, ML IVriioKc* I>el.— let inortKivge, gold...iRt n)nrt«itw«, Culiiiubus ExtuuBlonIncoiuo iiiorttfnffe

Cleveland it I'llMurgh—aaaranteeA stook4th mort^iico <nt>w Ist).

ConfMilliliitcil Kink inn fuiiU niort. for $5,000,000.Oonmniction anil ('(|iiii>iiiciit buiulH

Cleveland, rnHcarawa» Valley <t Wheeling— la^ m.Oolebrookdule- 1 at iiiortRUgdColorado Ce)i(/ii(— IhI luortKiwn, convertibleColumbun tt IliH-king Vo//r)/—StockIdt moiittiW. KinkiiiK fund boiiilH

lat uiortpif.'!', LoKau i&Btnilt8villo Biauob2<1 luortK'iigi' i)i)ii(lK

Ootumbuit, Chiragi) if Indiana CentralStoeklat M. ('oiiKiil.) (,'(>hiiiibU8, (;hlr. & Iiiil. Central

.

do I'bic. .Si (i't Ka«t. (<'blc t« I/opiM»|>ort). .

do ("ill. A Iiid'poliH Cent. (Col. to liid'M A. br.)

do Union A IxiKunap't (U'n City t« I/iK»u«p"t)do Tol. Ix>Knns|>'t A Hiirl.(LoeiUiH|>. to III line)

do (V.I. A hid. iHt A -JdiircriCol. to ll'nCity)do ('inn. A (;hiv. Air IJnr(Ki('lini'd to Ix»;an!<.)

2d M. Col. A Ind'poliH Ont. (Col. to Union t^ty).do Indiana Ccntnil (ln(liana|H>li8 to Ohio line)

do (liir. A (j't KiiKt. I onKtriic;. (C'Blo. to-Rich'd)do ColiimbuH. (;biui;;o A lud. Central

Income con v. do do doTnconie (Tole<lo, I^)<;an8iK>rt A IJiirllnfrton).......

Columbus, Siirinyfield it Cincianatl—1st inortColumbus <i 7V)/«7(>— l8t mortj!:age, coupon, s. f

Oolambiin tC JTc/tta—Stockl«t niortpij^c

Ooneont—9U>ckConeord <« i'r>w«moi<(A—Stock, Kuanknt«edCowneWwu^ rf- /'ftniMdiip^itf—StockNew morttiaKc (for $1,500,000)Notes, conponUaiMsuwippi Kt'k. g:uar. same div. ue Conn. A Fa«8.

do bondn, ipiar. by Conn. A P:i«HConneclieul Cenli(d—l»i mortgage for $400,000..Connectieul Kirer—Stoi'kl«t mort^'agc (linking fund $'205,624)

Connectieul VatUtf— iKt mortgageConnecting (}'liUa.)—\ist mortgageCumberland it fen Hti/leania— 1st mortgage24 mortgage, ninkiiig fund, (guaranteed)

Cumberland V'fiHey—Stock ($-184,900 preferred) . .

.

1 st mortgage2d mortgagts sinking fuiul guaranteedCommon bonclfi

Dakotah Southern—Int mortg^e, coup., fl. fund.

.

Danburt/ it ,Y«rir«fA:—Stocklet, 2<1 anil 3*1 mortgi^gOA

DaHtille, I'rlmnu, lll'lon it Fek-in,—lKt M.,«>ld...

.

Dayton it Michigan—Com. etock (3>3guar,C.H.&D.)Preferred ntock, (9 perc«nt. gniu. C. H. AD.).iRt mortgage, ninking fund, $30,000 per year2d mortgage3d mortgageTole<lo dejK)! (coBt $353,940) let and 2d mortgage

Dayton <t WetUrn—Ut M., guar. L. M. A C. & XDttjaare Railroad—HtoekExtenRion mortgageMortgage bondR. convertible, guar. P. W. A B

iMowarw rf Hounji Ilrook-lst mortage ;...

DtUnoare, Laekaicanna it Ife»(er»—Stock2d mortgage (Delaware, Ijjckawaiina A Western)Mortgagee on roa<l« and eqnipm't (for $10,000,000)B«nd.s (convertible June 1. 1875 to '77)

Lackawanna A UlooiHSb., Ixt mort. (extension)..do do ^ 2d mortgage

Dtnter «C Boulder Valley—ilortgage bonds, coap ,

.

Denver Paei/le—let mortgage, gol(I, land grant.

Milesof

Boad.

80B7«73ft

145

225109100

ioiIH7889761389

588.'iSS

117208036110210710272

224587

45118.'is

.55

14141146110

3838

5656447

38381105252

(jiig

3333117142142142142142

'41

85138527195}>5288

"»»

2522

10«

Dateof

Bonds

18731«761870187018711875

18«18671873

I'Sfi's

1870

1867J 8701872

1868

18641865

1857

18711876

18731871

18691875

18.581871

18661868

BlMor)ar

"aUio.vSb

1874

6b-''721869

187118561867186961A641865

185918751875

1856187718721859185818701860

$50500 Ac,500 Ac,5(K) Ac,1.0<X)1.000

500 Ac..50

1,0001,0001.0001,000

100 Ac.1,000

50500 Ac.1,0001,000100

1,000

.500 Ac.

1,0001,000

501,000

50100100

100 Ac.100 Ac.

1001,000

iflio

500 Ac.1,000

i',6oo1,000

50500 Ac..500 Ac.100 Ac.1,000

50lOOAc.1,000

5050

1,0001,0001,000

500 Ac.1,000

50

i',6bo

"50

500 Ac.

1,000100 Ac.100 Ac.1.0001,000

AmountOutstanding

INTERIST OR DIVtDKKDS.Bale per When IWtaere Parable and byCent. Pay'ble Whom.

$2,750,2006.30,000

500,0001,3.50,0009.50,000669,000

11,243,7361,104,8442,700,0001,336,0002,180,000584,000

1,272,0002,011,6001,500,000300,000700,000

13,938,97210,428,000

451,0002,632,000775,000531,500313,000217,750821,000666,500341,400

3,692,0003,847,000

74,0241,000,0002,343,0001,786,200302,000

1,500,000350,000

2,175,5001,186,500123,000400,000400,000262,.50O

2,100,000250,000

1,000,000996,000803,500594,000

1,777,850161,000109,50081,800

558,000600,000500,000

2,000,0002,395,3501,280,1001,870,000426,000356,000105,500614,000

1,430,216100,000650,000

1,500,00026,200,0001.633,0001,495,000600,000370,900209,000350,000

2,416,000

3>«

?«•

7

1%677768K.4 8.

777"7

7777777107777772753'a1771««•

4676662138867g.l»a77g.IH27777

6A736672>fl777777g.7g.

M. A N,F. A A,M. A 8.J. A J.J. A J.

tnoveland Office.N. Y., Ward, C. AGO.

N. Y., Union Trust Co.N. v., Wlnslow, L. A Co

do dodo do

N. Y., Farm. I>. A T. Co.do dodo dodo do

Cleveland, Ohio.Phlla., Co.'B Offlee.

Boston, Trcas.'s Office.

N. Y., St. NIch. Nat. B'kdo dodo do

N. Y., A. Iselln A Co.do dodo dodo dodo dodo dodo do

M. A S.

q.-M..1. A J.M. A N.J. A J.

T. AD.J. A D.F. A A.A. A O.J. A J.J. A J.

A. A O.VariousJ. A J.A. A O.F. A A.J. A J.VariouBM. A N.J. A J.J. A J.F. A A.F. A AF. A AM. A S.F. A A.Q.—M.STA S.M. AN.J. A J.F. A A.A. A O.VariousF. A A.J. A J.A. A O.J. A J. Boston, Bost.A Alh.RR,M. A S.lBoston, Globe Nat. B'k.J. A J. N. Y., Am. E.Tch. N. Bk.M. A 8. Philadelphia.M. A 8. New York, Co.'s Office.M. A N. do do(J.—J. Pbila. and Carlisle, Pa.

A. A O. Phlla., T. A.Biddle ACoA. A O. do doA. A O. do doF. A A. New York.<}.—M. New York and DanburyJ. A J. New York, 84Broadw'yA. A O. N. Y., Faim. U A T. (3oA. A O. Cincinnati, C. H.A D.Ck).Q.—J. N. Y., Wlnslow, 1,. A Co.

J. A J. do doM. A S. do doA. A O. do doH. A 8. do doJ. A J. N. Y., Am. Exch. N. B'kJ. A J. Dover, Cto.'s Office.J. A J. Phila.,(!irard Nat. BankJ. A J. Phil., Fld'lity I.T.A.8.C0F. A A. Philadelphia.Q.—J. New York Office.

M. A 8. do doM. A 8. do doJ. A D. do doM. A B. do doA. A O. do doM. A N. N.Y., iMwl. A FrankftM. A N. N. Y., Bk. of Commerce

Boiut*—Prioripal, When One.«ioeilc«-LastDlrMend.

1877Aug. 1, 1893Sept., 1906Jan., 1890

Jan. 1, 1900Jan. 1, 1901Jan. 1, 1905June 1, 1878Jan.. 1892

Nov. 1, 1900Jan. 1, 1913

.Iiine 1, 1898June 1, 1890Feb., 1878

Oct. 1, 1897July 1, 1880Jan. 1, 1892

April, 19081893to'95Nov., 1904Dec, 1905Feb., 1884Deo., 18831886 to '90Nov., 1904Jan., 1832

N. Y., A, Iselin A Co.N. Y., Union TniBt Co.

New York.Columbus Trciisury.

N. Y., Am. Exch. N. B'kBoston, Tower, O. A Co,

Boston.Boston Office.

dododo •

do

Feb., 1890

Sept. 1, 1901Aug. 1, 1905June 9, 1878Sept. 1, 1890Slay 1. 1878July 1. 1878Aug. 1, 1878April 1, 1893Jan. 1, 1881Aug. 1, 1878July 1, 1889

Oct., 1895July 1, 1878Sept. 1, 1878Jan. 1, 19011900-'l-'2-'3-'4March 1, 1891May 1, 1888July 1, 1878April 1, 19<HApril 1, 1908Jan. 1, 1884Feb. 1, 1894Mar., 1878

1880, '90. '92April, 1909April, 1878July, 1878July, 1881Sept., 1887Oct., 1888

Mar., '81 A '94Jan. 1, 1905July 2, 1878Jan. 1, 1880July 1, 1895AugiiBt, 1905July 20, 1876March 1.1881Sept. 1, 1907June, 1892March, 1885April 15, 1880Nov. 1, 1900May 1, 1899

Cleveland <t Mahoning Valley.—Is leased to At-lantic A Great Western. (V. 80, p. 85, 189; V. S3,

p 232, 40:).)

Clevelaml. Mo>jrit Vernon <t Z)«teuiare.—DefaultedJnly, 1874. and conpona due then and one-half ofconpODB from Jan. I, 1875, to and including .July 1,

187T, were postponed to .Ian. 1 , 1886. and the remain-ing hair to be paid, but this failed July, 1877. andnegotiationo are penning. Gross eamingB 1877,»«*,»%; expense*, |307,in; net, 181,724. Interestcfiarge. »lii1,983. <V. -.2. p. 350; V. 84, p. 848.)VUvetand ik IHtt^burgh.- -I,*afled to Pennsylvania

Railroad at 7 per ccnl on stock, besides expensesand intcrrst, and transferred to Pennsylvania Co.In 1877 there was a net (elicit of tJ07.1ll to lessee.(V. 34, p. 63 ; V. 211, p. «7. 287.)dnelaiiii, Tuxarauxit Valley A Wheeling.—TtiSt

road was sold under a 2d mortgage. .Tan. 27, 1876, andreorganized. Gross earnings. 1877, $491.4«3; net,$181,521. (V. 24, p. 6*3; V. aii, p. 289.)CbMrwvb'a^.—Leased to Philadelphia A Read-

lag. No dividends paid on stock.(Morado OniraA—Built mainly by Unton Padlc,

which holds the bonds, t5,«0,M« in ail. (V. 33. p183; V. >6, p. r'*.i

CUwnftut <t HoeUng Yalky.—Gtons earnings,1857. »««.'W9; net, $357,756, aeainst $a8«.'B4 in 187«.<V. 84. p. 395 : V. 25. p. 90; V. iW, n 390.)

Stlumbut, Chicago <t Indiana Central—On Jan.n, 18(S9, it was leased (amended Feb. 1. Ig^n,) h;^the Pittshnrpli Cin. A St. Lonis, guaranteed byPens. Kallriiad. The amended lease gnaranteti]interest on $15,821,000 olllrst and second lionds.Aug., "74, (Jefault was made on the $5,000.(100 seconds.April 1, 1875, defaulted on Ut mort. The gnuranteeOf ioterect was absolute, hot the Pennsylvania Rail-road claims tbat the C. C. .% I. C. Co. did not fulfilall its part. Bondholders claim that no such failureafter bonds had been sold with the guaranty couldprcjodice their rights. Suit is pending againstPeBUylTanla RR. Interest on most of the old priorMods us been Uken no. (V. 83, p. 40. 3(4, 547'V. 84, 0. 157 4au, 5«l\ V. 85, p. «1, 113, 495; V.«, p. W, 38», 588, 574.') "^ •"

'

Colwnbugit. 7o/tf,/o.— Gross earnings. '77. first yerrof operation, |3:jO,,S82; net, tll9.()n2. (V. 26, p.39t>.)

Coluinbu^ <ft Xfwt«.—This road is leased to the Lit-tl Miami Co.. and both roads for 99 years to Pitts-burg Cinn. & St. Louis Co.; the lease is guaranteedby Pennsylvsnia Railroad, and the terms are 8 percent on stock and interest on boi ds.

C'onmrrf.—Net receipts in 1677-*, $340,453. (V.24, p. 841; V. 2«, p. 521.)

Covir^rd (ft rortitmouth.—Leased to Concord RR.at $25,(XX) per year.

Connecticut <f Passumpsic.—Annual rejwrt tc.Tunc. '877. shov.ed net earnings for year $244,310.against $240,364 in 18"5-6. The new mortgtge of$1,500 COO will retire prcvionf issues. (V. 23, p. 301,W7; V. V5, p.ail,t31; V. ';6, p. ii67.)

Contecticut CSenfro/.—Leased to Connecticut Val-ley at a rental covering interest. Net earnings.1876-7, $r.;,3W). (V. 22. p. 209.

i

Conn<:clu:id fiictr.Stl earnings lS7tt-7. $^01,931,against $217,780in 1875-«. (V.23,p.600; V.86,p.94.lVanmetieut \ alley. In default and surrendered

to State Treasurer as trustee for bondholders.Net earnings, 18711 7, $59,019. (V. 23. p. 40, 575,622; V. '25, p. 6 I 6 : V. 26, p. 18. 40.)

Cfnneeting.—lied^ttA to Pbiladelphui A Trenton,and operated by Pennsylvania; terms, 6 per cent on$1,278,300 stock , and interest on the bonds.

Ciirnherland # Pennsylvania.—Oviweil and operated by Consolidation Coal Co., which guaranteesart mortgage. Stock $1,500,000. (V. 88. p. 415.)• inmberUind Valley. —Thii stock is owned in larfnpjirt by Ptnn^lvanfa Railroad Co. Net earnings1877, $2.'>4,253. I.arge advances have been made tobranch roads. (V. 24, n. 1 35 ; V. •». p. 4»».>IHtkolah lfon/hern.—^\ie earnings of the road are

reported at t'Mi.OOO in 1877. and net earnings $IOii.-

ixi). Second morle. bond-* for $600,0(^1 were can-celled and pref. stock issued. 8. fund is 4 p. c. m'79 and 5 p. c. afterwards. (V. S.5, p. «ai; V.2«,p,834.)

Itanbury (ft A'orM?oM:,--(iross earnings, 187t>-77,

fll>5.2l5; exptnses, $114,961; net earnings,$60,276. (V. M.p. Ml.)Dnmtlle, Vrbaoa, Boomington 4 7%M/i.-Thla it

a part of the IndiansDoIis Bloomington A Western,now in defnul t. See I. B. A W.Dayton eft ,lfi<Aiff(jn.—Leased In perpetuity to Cln.

Ham. A Dayton, which pays interest on bonds, andguarantees dividends on st(M;k, holding itself

$1,398,100 of the ciiromon. (V. 21, p. 62.)Dayton (ft IVestem. Leased to Little Miami, and

with that to Pittsb. Cin. A St. L. About $90,00;i ofold ext. mortg. bonds of 1881, are yet out, whichwill be retired shortly,/>«/awur(i.—Leased by Phila. Wilmington A Balti-

more for 6 per cent on etock and bonds, but if .10

ner cent of gross eamiuErs does not pay that, thebalance is charged annually to Del. RR. In lb77, 30p. c. was $125,941. (V. «, p. 141.)Delaware it Bound Brook.— yart of the rcw route

between N. Y. and Pbila. Gro-s earnings 1877.

$'2:l.'*.466; net. *tiT,044 Floating debt, $£59."3S.(V. *!, p. 209, 257; V. ;:fi, p. 342.)

Delaware Lackawanna <t Western. —Operationsconsist largely of coal nuning and transportation.No annual report is made, except thai required tothe State authorities of Pcnn. For IBn the Incomeaccount is given ihut:Net earnings from 'ransportation $4,411,868Lest loss in Coal Department, Ac 1,M2,IW0

Balance of earnings $2479.197I' terestonbonds...." »801,967RentaU for 1857 8,184,868—3.1187 819

Loss for yesr 'STT $908,021The mortgage anihorixed for $10,000,000 Is totake np prior bonds with $'2,F2i.00o, and thebalance for cish resources. The Morris A EssexRailroad is leased and some of its bonds gnar-anteed. (V. -Jt, p. 1 8 1 , 805; V. 86, p. 457; V. 38, p.191.)Denver (t Boulder ratf«y,—This road it leased to

the Denver P,icillr.

Denver Fad/lc—lMnd grant. 1,100,000 acres. In1876 gnxs earnings were $391,145; net eaminn,$166,587. Receiver appointed April, 1878. O'-SS.p. «8, 476; V. M, p S«, ««, 44, U«.)

XX RAILROAD STOCKS AND BONDS. [VOT,. XXVII.

Sabscribcrs ivlU confer a great favor hy glrins Immediate notice oT any error discovered In tbese Tables.

DESCRIPTION.

For explanation of column licadinss, Ac, see note"at the head of flrat i)age of tables.

MilesIDate

ofI

ofKoad.l Bonds

1

Benvtr <£ Rio wantle—1st raort., gold, sink, fdArkansas Valley, Ist mortgage

Z>« Moines rf Fort Dodge—1st mortgage, coniwnDetroit. Lansing d North.—iHt mortgageIonia & Lansing, 1st niort., coup., may he reg

do 2d mortgage do doDetroit A Mittoanlcee—lat mortgage bonds2d mortgage, Apiil 28, 18501st funded coupons, Nov. 15, lS(tO2d funded coupons, Nov. 13, 1863Bonds of Juno 30. 18GG (conditional)Sterling (Oak, & 01 ta. RR.) Oct. 1, 18.53, gold....Dollar (Oak. & Otta, RR.) bonds, Oct, 1, 1853....Ist mort. (Detroit & Pontiac RB.), April 1, 1851.3d mortgage (Detroit & Pontiac RK.), Feb. 1854.2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.Bonds of Sept. 1, 18C6, (Limit $:!00,000)Bonds & mortgage on Detroit real estate

Dtibur/ue it: Siotir 6'i!«—StockIst mortgage, Ist division1st mortgage, 2d division (for $1,400,000)

IhitiHque .Sonlltirestcrn—1st mort., pref.,8luk. fdiHl mortgage. Oct. 1, 1803

Dunkirk, Allcj/h. Valley d- I'itlsburg—1st mort., gold2d mortgage3d mortgiige

East Broufl foj>.—liit •noi'tgage, ivgistcrcidHast /"enHsi/ZiiuHia—Stock

Ist mortgagetJast Tennessee, Virginia <£• Oeorgia—Stoeklat mortgage sinking fund bondsEast Tenu. & Georgia ($92,000 are endorsed) ....East Tennessee and Virginia (endorsed)2d mortgage to U. S. Goveniment

Eastern ( J/nss.)—Stock. . i

Es.nBx RR. 1st mort. (extended tor 20 years)Old loans cxchangealilc (int. ceased Sept.,'76)Mortgage funding certifica cs

Eastern Hlmre, (.lf</.)—1st mortgage, convertible2d mortgage, convertible

Elmira .Je'xf. d Vanandaiffna.—StockElniira tC 'Williamsporl—^tock commonPreferred stock1st mortgage bondsIncome bonds, 999 years to run

Erie d ;'(7/,v6h)-|(/—Stock1st miirtgage, convertible into consolii mort.2d mortgage, convertibleCon solidated mortgage free of State tax.Equipment l>onds

Europ'n <£ X.A »;.—1st M., Baug'r to Winn.,Bang'r I'nLand grant 1st mort. (2d mort. Bangor to Winn.).Bangor & Pisc^'vtaquis, Bangor loan, 1st mortg. .

.

Ist mcrt.,age, sterling, on N. Brunswick roadEvansv. rf Terre Haute.—l»t ni., Ev. & 111., s. f

1st mort., sinking fund (Evansville to Terre II,) .

.

Rockville c xtcnsionMnaneille, Terre Hunte it Ohie.—1st mort., gold2d mortgage, gold

Fileliburr/—Sioe\cBonds, coupons ($4,000,000 authorized)

Flittt (£- Vere Marquette—StockConsolidated mortgage, sinking fund1st mort., land grant, 3d scriesFlint & Holly Rli. (siiik'g fund.$25,000 per year).Bay City, E. Saginaw, Ist mort., guar by lesseesBay Comity, Issued in aid, guar by lesseesConstruction bondsHolly, Wayne Ai Monroe, Ist mort., sinking fund.

Tlmh ing, Norlh.ihore <t C'en^—1st mort. (Fl. & N. S.)2d mortgage (Fl. &N. 8.)

Central of L. I., 1st mortgagedo do Extension 1st mortgage

Fonda, Joliiislmon <£ Olorersrille—Ist mortgageFort Wai/ne, Jaekson <£ Saginaw—1st mort., coup.

.

2d HKMt. and cfiuipment bonils, coupon

2624288

1825959

189

143100435555909090303636270242112-130

282

393947757575

1008112811^81'2

5658499151109235555189

2832831901713

6558

10100100

187C1870187418771869187018551850180018031800185318531851185418531866

18031864180318631870187018701873

1858

187050-'561856

1850

187618601866

18001863

186218651868

186918691869186718521854180018701873

1874

1872180818681867

18711869187018721873187018091871

Size, orPar

Value.

$500&c.1,0001,000

500 &e.1,0001,000

250 &c.500 *c.VariousVarious500 &c.100 &c.500 &c.1,0001,0001,0001,000

Various100500

500 &c.500

1,0001,0001,0001,0001,000

50lOO&c.

1001,0001,0001,000

ioo

100 Ac.100 <fcc.

1005050

1,00050050

100 &c.100 &c1,000

1,000

500 '&c.

£2091,0001,000

500 &c.1,0001,000100

1,000100

1,600500 &c.500 &c.

500

1,600500 &c1,000

500 &c500 &c100 &c1,000

AmountOutstanding

$5,400,0001,040,0002,200,0001,897,000770,00081.000

2,50(),0001 ,000,000028,525377,115

] ,702,5191.50,806.51,000150,000250,000100,000110,000103,200

5,000,000290,000586,00081,.500

450,0002,000,0001,000,000200,000500,000

1,309,200495,900

1 ,908,2743,019,000862,400147,000190,000

4,997,000194.400700,038

12,522,338400,000200,000500,000500,000.500,000

1,000,000570,000

1,998,400291,70092,300

2,193,000745,000

1,000,0002,000,000814,000

1,986,000281,000611,000125,.500775,000325,000

5,000,000500,000

3,298,2003,242,0002.058,000380,.50O100,00075,00047,405

1,000,000800,000400,000

1 ,000.000200,000300,000

1,500,000500,000

INTEREST OR DIVIDENDS.

Rate perCent.

WhenPayable

7C& 7

6 g.

7

71037777

V7

37G6436

'

3'2g.

652>33H!751%777766 g.

Cik 76g.7

7 g.

7 g.

7

"h8

101010887777788

M. & N.M. & N.J. & J.J. & J.J. <k J.M. & N.M. & N.M. & N.r. & J.M. & N.J. & J.M. & N.M. & N.A. & O.F. & A.J. & J.M. & 8.

VariousA. & O.J. & J.J. & J.

& J.& O.

J. & D.A. & O,A. & O.J. & J.J. & J.M. & 8.

A. & OJ. & J.J. & J.n. & N.

J. &"j.M. & 8

M. &'8J. & J.A. & O.Sept.

M. & N.J. & J.J. <k J.A. A O.Q.-M.

J. & J.A. & O.J. & J.A. & O.J. & J.M. & .8

A. & O.J. Ai J.J. & J.M.& N.F. & A.M. & N.J. <fe J.J. & J.A. & O.

M.'&N.M. & S.

M. & N.J. & J.M. & 8.

J. & J.J. & J.M.& N.M. & N.M. & 8.

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

Where Payable, and byWhom.

£on(/s—Prmci-pal. When Due.S«ocA-s—LastDividend.

N. Y., Ruttcn & Bonn,do doNew York.

Boston, Co.'s office,

do dodo do

N.Y.,M.K.Je8iip,P.& Co.do dodo dodo do

New York & Detroit.New York & London.

N.Y.,M.K.Jeeup,P.& Co.do dodo dodo dodo do "Detroit office.

N.Y.,M.K.Jesup,P.& Co.do dodo do

N.Y.,M.K.Je3up,P.& Co.do do

N.Y., N.Y. Cent. & Hud.do dodo do

Pliiladelp a, Co.'s Office.Phila., by P. & R. RKPhila.. P. <fe R. office.

N. Y., R. T. Wilson & Co.N.Y., Gallatin NaflB'kN. Y., K. T. Wilson & Co,

do do

Boston,do

1 Boston and London.Phila., Girard Nat. B'k.

do doBaltimore, N. Cent. RR.Phila., Penn. R. R. Co.

do doPhila., Penn. Trust CoPhila., Penn. R. R. Co.N. Y., Union Trust Co.

do dodo .

' dodo dodo do

Boston.New York and BostonBoston, Second N. Bank

London.N.Y.,Farm. L'anA T.Co,

do dodo do

N.Y.,Farm.L'an & T.Co.do doBoston Office.

do

N.Y., MercU'uts'Ex.B'k.N. v., Mechan. Nat. B'k,

do doNewark, N. J., Sav. Ins,

New York.do

N.Y.,Mecli., Nat. Bank,N.Y., Chatham Nat. Bk,

do dodo dodo i do

N. Y., St. Nfch. Nat. B'k,N. Y., Farm's. L.& T.Co

do do

Nov. 1, 1900Nov. 1, 1900Jan. 1, li)04Jan. 1, 1907Julyl, 1889May 1, 1880May 15, 1875May 15, 1875May 15, 1875May 15, 1875July 1, 1886Nov. 15, 1873Nov. 15, 1873April 1, 1878Feb. 15, 1885Jan. 1, 1878Sept., 1 1886

Various.April 15, 1878

18831894

July, 1883Oct., 1883Jime, 1890

Oct. 1, 1890Oct. 1. 1890Julv 1, 1903July 10, 1878Mar. 1, 1888April 1, 187CJuly 1, 19001880 to 1886May 1, 1886

July 15, 1873Sept. 15,1896

Sept., 1906Jan. 1, 1880Apl. 1. 1886March, 1873May, 1878July, 1878Jan. 1, 1880Oct. 1, '28(32

June 10, 1878July 1, 1882April 1, 1890J\Uy 1, 1898Oct. 1, 1890Jan. 1, 1889Mar. 1, 1899April 1, 1899July 1, 1897Jan. 1, 1887Nov. 1, 1'887Aug. 1, 1880May 1, 1900Jan. 1, 1903July 1, 1878April 1, 1894

May, 1902Sept. 1, 1888May 1. 1888JiUv 1, 1882Sept. 1, 1887Jan. 1, 1876Jan. 1, 1901May 1, 1889

Mar. 1, 1902May 1, 1903July 1, 1900July 1, 1889

Oct., 1891

DtiiCtr it Eio Qrande.—Narrow-guage road (threefeet";. The whole line as projected is 875 miles.Building in comix tition w.th Atchison Topeka &Sant'j Fe. Defaulted <iu cunpons May, 1877. (V. 34,

p. iH ; V. 26, p. t9!»; V. 27, p. 67.)

Dif Mcines li Fort Dodge.—Tin''- Is part of theDes Moines Valley, reorganized after f.ireclosure.Of the bond!', Jl,luc,000 arc incomes. Cauporis ofJf.n., 18;7, were funded. (V. 21, p. 488.)

Detroit Lansing it A'otM.—The old road wassold in foreclosure December H. 1816, and newcompany organized by bondholders, who issuedtl ,874,600 common ftock and J2,.'i04,(XX) pref. stock.Net carninss 1677, 82Sa,!l46. (V. 23, p. H'Mi; V. SB,

p. 888.)

Detroit <t M/joawte.—Tills road was operated bythe Great Western of Canada, but defaulted in !87;i,

and is now in process of foreclosure and 10 be re-or-gaoized; see V. 2ti, p. 2:52. The Detroit & Pontiacinterest has been paid. In 1877 gross earnings weret92.5.12'.': net, *13t..Siri. (V. 25, p. aS4, 3S1: V. 26,

p. 117. 23-3, M4i, 367, 831, )l;i, ,')74, 5M); V. 27, p. 18,

40, 67.)

Dubuque <* Sioux C'i/y.—Leased to Itlinoi.? Cen-tral, in 1867, for 20 years, at 35 per cent of gross earn-ings first ten years, and .30 afterwards. In 1876 grossearnings were tiCd,'.I71).

Dubuque Soutlr,veiitern—Var\ey to Cedar Rapids, la.Gross taiiiings, 1877, tl05,Sl*; expenses, $97,21.')

(V. 26, p W64, 459.)

Dunkirk Allenh. Valley it MI/tburg.—K consoli-dation. Doc. 1, 1872. Koad leased and bonds mostlyheld by New York Central & Hudson, which paysinterest as rental.

East Bread To}). -Mainly a coal road, carryingbituminous coal. On Hue of road are Rockhill iron

& Coal Company's furnaces (2), with a rjpacity of20,000 tone pig iron annually.

East Pennsylvania.— Ije&Bei to Philadelphia &Reading. Dividends are 6 per cent per annum.

East Tennessee Virginia it Oeor^a. — LeasesMemphis & Charleston Railroad for its own accountand risk, jiaying over net earnings. Gross earn-ings year endiu'.; June .30, 1877, were $1,010,079; ex-penses. $668,92:1, and net earnings, $;i41,156; Seeannual report in V. 85, p. 406. (V. 4.3, p. 4«!i; V.2.5,p. 40B.)

Eoftern , (3/a^5.).—Company embarrassed 1875.A general mortgage was made to fund the old issuesof de'it, bearing 3'^ per cent for three years, 4 percent for three years, and 6 for Ijnlance of term. In1876-77 net earnings were $~99,:)17, against $683,.594in 1S75-6. The Eastern in N. IT-., a separate cor-poration. Is leased; see V. 215, p. 40.' (Vl 85, p. 590,618; V. 26, p. M8; V. 27, p. 1.5.)

Eastern S^ore.—Formerly leased, but now oper-ated on own account since December, 1869. (V. 22.

p. 297.)

Elmirijeff. &. t'annnf/oifl'i/o.—Originally lcase<lto the New York & Erie Railroad Co. and operatedby it unti! May I, 18!;6, when the lease was trans-ft-rred to the Nurtliern Central Railway Co., bywhich it has i.ince been oiierated.

Elmira it H'^i!^am»/«r^—Leased In 1868 to Northem Central for 999 years. Rent amounts to 816,5,000per year.

Bri^ it Pittsburg.—Leased in perpetuity to thePennsylvania Railroad and transferred'to Penn. Co.;the terms guarantee 7 per cent per annum on stockand debt. Net earnings, 1876, $190,892. (V. 20, p;

42S.)

Eurcp'ga it North American. — DefaiUted In1875. A' complete statement of debt, inclndingbonds pledged for loans, was made in V. 21, p. 315.

(V. 24, p. 468; V. 25, p. 113; V. 26, p. 18, 143, 41S.)

Evan/n'ille it Terre flijwfe.—This was the Evans-ville & CrawfoidsviUe. Common stock is $1.-0i(i,3ir?: preferred, $100,000. Net earnings 1877,

£145,711. The company paid 2X per cent dividendJune, 1878. (V, 23, p. 499; V. 2.5, p. 456.)

f.ransriUe, Ttrre Haute it CTicflffO.—Gross earn-ings, 1876 7, $203,.371; net, $70,923. (V. 31, p. 136.)

Fitciiburg.—Leases Vt.& Mass. Net income, 1876-7,

above rental and Interest. $2 -ie,753. Notesoutstanding Sept. 80, 1877, were $363,000. (V. 26, p. 94, 117,

891, 548.)

Flint et Fere Marquelte.-Qmifa earnings 18T7,

$997,965; net earnings, $41ti,679, against $366,074 in

1876. Tlie lands arein live trnsls; sales in 1877, 8.508acres, for $95,984; total riet sales to Jan. 1, 1878,

27.5,721 acres, for $2,2;7,4,36; lands yet unsold.3:35,779 acres. Coupors on consol. bonds pms<mINov., 1875, and part were funded. (V. 24, p 29 T;V.'2«, p. 411,548.)

Flushing, Nortbshore it Central.—Now leased to

L. I. KK. There are, in addition to above, *I3S,000N.Y. & Flushing RK. 7s; $149,u00 North Shore 7s;

and $93,000 Whitestone & Westchester 7s. Company embarrassed, Sept., 1877. (V. 35, p. 334, 452;

v. M, p 469.)

Fonda, ,Tohnstown it GtoversviUe.—'^ei earningsISTS-i, $36,161.

Fin-i Wayne, Jackson i{- 5ag^»aw.—Traffic guarantee 4*) tier cent from Mich. Cent. Interest waa paid in

1817 of *65,O0O, coupon due Jan., 1877. on 1st mort,

and $5.0r0 as third payment of $10 on 3d morlcoupon of Oct., 1875 Gross earnings, 1877, $354,334; net, $109,669. (V. 36, p. %«4.|

JrLY27, 1878.] RAILROAD STOCKS AND BOiSDS. zd

flabaortbera will oonfer a sreat Itevor br slrlnx Immediate notice of aitr error dieeorered In ttaeee Tabic*.

DKSCKIITION.

For ejplaimtlun of coliiinii ImadliiXH. *<•„ nee note*at tlip lipa<l of Unit i>»Kc of tul»le».

I'M

O:

lull II iii/n(. MiiDcie iC Oineinnali—lMt iiiort.,KOl(l. .

.

'2i\ liior! ^rii^ro

Framinffhom <c iMiprli—litt aMrtguiio l>ona8

Ottlttiitvn. Itiirrinb.if S.Antonio~l»l iiKirt, gold, l.Rr.

0<llteuton, llriualon it limit, of 1 871- l»t morta«iucii, llhiini <( AV/i/rr— lilt iiKirt., «. t., il,o\A

Oeurgia Kiiili-mid it'llniikinu Co.—Stock »

BomlH, not iiioH^riiKo

«lo doOrniiil Ilauiilsif /)i(/i(iii«—Stock

1 »• m.irt., liiiicl KfiHit. (fold (jrmir. by I'll. RR)Ir-t molt.. Kold. ($2,1<')'.>,0(M> iiic luiiil f;rant)

Income niorticiiKo bondH, tor #10,000,000eraiid 7Vi(iiA-(Cii'i«'''i)—ConsoUdjitcd HtockN.w hioik f»i- i;10,000,0(M)1).1>. nimr stock for i;-<,000.000 (act of 1874)....< jmadiiin dclMMitiirctKiiiiiinucnl mort., l»t on all rolliiiu Ktook

do i!d do doPostal bond.s. Ac, secured by Rov'f biisliioas

let jircf. l)ond3, oonv. Into l.>;t jirof. ,'<tock

2d do do ad do3d do oonv

Orea! Wmlrni (Canada)—<:omiiion nlnclt

r, rrcd ."i [mm- cent, convortlUle Into common...• Tiinrcs

, I londs. coupon; bonds cxclninciMl for lionds duo 76, "77, '78.

i.Ilr d: I'lthiiiibid- 1 St raort.,>?uar.by State . .

.

Jt,i» .N not ffuaniutccdNew mortffaKC (for $2,.'>00,t)00)

Baiiiiiliiil J- SI. Jogfuk—(loninion stockI'rc!, rn-d stock (7 |i. c. yearly, not cumulative). ..

MUsuurl Htatt* loanBomlii IHTO, I'onvcrtildoBd- (H'l.ixw.OtH)) secured by l)!'.2,5OO,0OO I'd notes1st niorticaw (Oulncy A Palmyra KR)Ist uiortRa'.'e (kan.^as (;ity A Cam. KK.)

Barrisb., forlsm'lh, ML Joy <« iaiu:.—Stock1st niortiraire

Barif.. Pror. iC FMkill—lat m. (R. I.) (renewtKl) . .

.

1st mort. (Conn.) (renewedflo»j((r/OHiV—Stock

Prcf*'rre<l stock - ^..,.

1st niortKasc•<id mort. bonds of 1869K.'iiiiitnicnt bonds of 187:t

Bouftvn it Tejcai C'eii'.—1st M., (main) gold, l.Kr.,s.f

.

let nnut.. West dlv. (Ilcnipstcad to Austin)iHt M.. (told.Waco AN' west (lininond toWaco)• y'oiisol. u.,.vt., !. Kr. (coupon, liut may bereg'd)..Iii- .,me and indemnity l»«nds ,

Biinungiloii it Bioiid ro/>—l8t mort., gold)iii Hit trtiruKc, jrold ..

3d n.ort}fa>ce .consolidated .,..'

Sciip for i>ast due coupons t'..^.lUinolg Cenlriil—Htiwk „..'.

Redi'mption, 1st and *Jd series.Mortt-'airc lionils, sterlinxBteiliiiK bonds, (sinking fund £20,000 yearlj-)...

>r«(rtKa»;(\ sterling1. r. iH.nds, eoui>. (ili2.000.000) M. onCIi.AHp.RR

Iniiiaiuijmlis, Blnoiuington it ire«(.—lBt mort., gold.2ci niortj-'ajtc

lud , liloiun., A W., Extension, 1st mort., goldIndian'/nil in Dee. it «nf.—1st M.,gld (for$l,800,000)

2rt mort.. (income bonds only til! July, 1881)..Indianttimfin. (*inrinna/i if. Lftfiti/cttc—StockPreferred stock (Issued Uir funded deltt lionds)IndianaiMilis A Cincinnati of 18r)8Indianapolis, Cincinnati A I.,afayette

do do doFunded interest bonds, couponKquipment l>onds, registered ...1. .'.,.,...

<"in. A Ind., 1st mortgage .'.;.'

do 2d M., guar. (1^1,000,000 dne '77 ert. to '92)

Mlleaof

Ruud,

10910926

•215

5035

232

332.332332332

1,390

495%3.50350145

143

296

15535454261s9612012074

34311847

461

585858

707

11220220221783

isi18490

151179

2020

Dateof

Bunds

186918711871187318721870

1877

180918691873

18731875

58-'781871-21877

1876

1853-718701878

1867

18.5318761876

186918731866187018731872

18.5418571865

1864187518741875187718691870187218761876

18751858186718691873187318621867

6lz«, orPar

Value.

91,0001,000

l',()bo

1,000100 Ac.

100500

1,000

i',6oo1,0001,000£23£100

£•20!«£100

£100

Various

ioo100

1,000

i",6oo

50

566'Ac

INTKRE8T OR DIVIDENBB.

Oulila^lnir ''^ P®' ^hen Where ParnWe, and byoutalandlug

^.^^f; p^y^ble Whom.

100100

1,0001,0001,0001,000

500500

1,000

ido300 Ac£200£200£2001,0001,0001,0001,0001,0001,000

50100

500 Ac1,0001,000

1.50 Ac,500 Ac,1,0001,000

$1,800,000500.000500,000

4,'2<MI,0()()

1,403,000600,000

4,200,0(X)522,300399,000

2,H<X),0004,000,0003,349,000316,000

£3,486,7877,300,0002,560,0003,11 1,.300300,000300.000

1.200.0003.218,1492.327,8087.166,910

£6,037,991503,753

2,163,8301,000.000500,000

1,413.071632,237

9,168,7005,083,0243,000,0004,000,000300,000500,000

1,200,0001,182,.530700,000481,000

],.574,000820,000

1.180,000100,000300,000150,000

6,227,0002,303,000940.000

3,292,0001,3.59,500416,000367,500

1,383.00097,907

29,000,0002,500,0002,500,0004,398,0001 ,000,0001,()00,0(>05,000,0001,500,0005,300,000

38,0002,667.0(M)5,587,1301,419,4001,600.0002,800,0001,767,000446,3003.33,000500,000

1,497,000

/toni/j—PriDel-pi<l. When Do*.Bloek*-UuttiDlrldend.

7 g.87Og.7g.

I'-7

Vg.7g.7

«K6g.

Various.5g5g4g.

5-162'a5677

768781031a677"2'

7677g.7g.7g.877g.?«•

6A7366g.5g.%'7g.8

l^-

77771077

A. A O.A. A O.A. A O.

J. A J.A. A O.M. A S.

A. A O..r. A J.F. A A.

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

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

J. A J.M. A 8.J, A ,T.

F. A A.J. A J.

A J.A J.A JA J

Boston, ORlce.do

II<iston.

Bnst. A Iiondnn.N. Y.,K. P.James A Co.N. Y., Metrop. Nat. B'k.Augiisto,Ua., RR. Bank.

do dodo do

N. Y.,Wlimlow,L.&Co.do dodo do

Q.-JF. A A.

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

A. AF. AA. A

F.AA. AA. AA. AJ. AJ. AA. AJ. AJ. AA. AJ. A

London, at Co.^a Office,do dodo dodo dodo dodo do

London A Montreal,do do

London Joint Stock B'k.do dodo do

Columbia, Co.'s Office,do do

Y., B^k. No. America.do ' do

N. Y., Farm. L. A T. Co.N. Y., B'k. No. America.

do doPliila., Co.'s Office.

do doHartford, Am. Nat. B'k,

do do

Bridgeport A Boston.Bridgeport and Boston,

do do

A. A O.F. A A.J. A D.M. A S.M. A 8.

J. A D.|J. A J.

I

N. Y., Nafl. City Bank,do dodo do

N. Y., J. J. Cisco A Sou.

Phlladcipliia; Office.do dodo do

.

do doN. Y., Co:'8 Office.N. Y., Co.'s Office.

London.Londoii,Morton R.A Co.

do doN. Y., Co.'s Office.

New York.dodo

New York, Co.'s Office,do do

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

New York and Boston.

Oct., 1889April, 1896

April 1, 18911910

July 1, 1902July I. 1890July 1.5, 1878rnarly to 1890July 1, 1897

18991899190S

April, 1877Jan., 1920Periwtnal.

Irredeemable.Irredeemable.Irnuleembble.AjnnI, 1878April. 1878PeiTCtual.l>ci!., 1890

Oct„ 1880-821881 to 1886

Ang., 13701884-1887Mah, 1885Jan. 1,1888Jan., 1892Jan., 1B86

July 1, 1878July 1, 1883Jan. 1, 1880Jan. 1, 1880

July 1.5. 1878188518891883

July t, 1891July 1, 1891July 1, 1903Oct. 1, 1912

Oct. 1,' 1890Feb.' I, W95AprU 1, 1895

Mcb. 1, 1873April 1, 1890April 1, 1895April 1; 1903Dec. 1, 1905Jan. 1, 1898

Oct., 1909Oct., 1890

1912Jan. 1, 1906JiUy 1, 1906

April, 1888Feb., 189'7Jimc, 1899

8ept.'78,'80,'83Sent. 1, 1883Dec, 1892

Jan. '82, '87, '92

Fbrt Warne, Mujidt it CT«ct«n<jtt.—Recelvefappointed November, 1874. (V. 23, p. 898.)

Framingtiam A Lowell. -Leased to Boston, Clin-

ton A, Fitchhnrg: has also ('.2.^1,000 8 per cent notjsdue in 1882-3. TV. S6, p. 1««.)

Oalcuton, Hanisbiirg it San Antonio.— Otosaearnings 1M7, $1.052,.')68; ex',>cn.ne8, };.WJ,i04; neteaminiTP. »tjfli.'i63. A sinking fimd of 1 per centbegins in ItiSO. The company has IB sections ofland per mile. (V.»>, p. 366.)

Oairenton, Hoiulon it Ihndereon.—Net earnings1876. 1309,116. (V. U, p. 135, 181.)

Otaera, Ithaca it Saijre.—SoM Sept. 2. 1976, andre-organlzed, this mort. being the old I. A A. mort.(See V. 23, p. 838, 304, 451; V. !M, p. 110.)

Otorgia Railroad <t Banking Company —The an-imal report for the last fiscal year, ending April 1,

1818, wag published In V. 26, p. 4t)H. A comparative•talemeut for lliree years was as follows:

1875-6. 1876-7. 1877 H.

Tot. p'.carng's... $1,191,344 $I,141,f3S $l,0i3,71JOperalg expenses. 611,677 6l:!,110 7Jr,:o)Net earnings 558,646 50ii,017 886,014

In May, 1875, this company, with the Centr.il Oe'>rgia,pnrciiascd at foreclosure sale the Western Railroadof Alatiaina. (V. S4, p. 466, 488, ««5; V. 8i, p. 90;V. 86, p. 468.)

Grand Rapids dk Indbma.—Qroff carninss1877, $1.0;i7.1u7; net. $348,745, against $316,5J7 i*187G. Uni'uarantecd Ixuids are secured bv thesame mort'.4a!;e as thegnaraiitecd on the land grant.•' E.t. Lnnd Orant Bonds" to the atnouct of fl.ORi).-

000 were a part of the original $l.f»iO.ii<)0 nnsaaran-teed bond*-; they were redeenie(i and jirj no longer a

. lien on the Itinc). though still am t ^aijyoiuhe roinl.

Since Dec, 1875, 1st raortOTse bonds wd'uAsd Syalnktnff fund are rep aced by income bonds U-ntiito Continental Improvement -Co. The. Peiin. mil-road virtnally bny« the c«Hpoiii» .paid by ft, andholds them (T. 44. p. S « ' ; V. •», p. 3S4: V. '.'6,

t). 9;, 19-3, i3S, 44S, 54H, («s )

Orand Trunk (Conado).—The above flsrnresrepre-sent pounds ster.-lng. Net earnings In half yearending Jan. 1, 1878, £'3iH,441. Interest, rent ds. Ac,£190,I9>). (V. -34, p. 396. 467; V. 25, p. 450, 510,618; V. 26, p. 265, 443.)

Oreat Wetttrn (Canada).—The above figures aregiven In pounds sterling. Company opej^es severalroads in Canada, amountli^ to 3 3 milet, and theDel. & Milw , 189 miles. For the half jear endingJan. 31, 1878, th« gross receipts were £167.'3:B7;

working expenses, £.317,604; net eaminira, £149.63-).

(V. 85, p. 113, 186, 617; V. 26, p. -365, 443, 574 )

Granville it Columl>la,—Tbia company defaultedbut compromised with its bondholders. Net earn-ings 1877, $180,614. (V. 22, p. 110; V. 46, p. 547.)

Hannibal it St. Jmeph.—lihe company has aboutta,5()0,C00in land notes, and about 100,0i)0 acres yetunsold. In 1877 ctoss earnings were $1,931,-165: net.$7;».">.4;8. Interest chirge, $6W.0OO. The bondssecured on land notes have a sinkin? fund of $2-^.000

r vear. (V. 25, p. 162, 186, 2!;, 381, 40J, 43i. 592;i, p. 242, 390,625.)

llarrUDuri] PoTtsm. Ml. Joy it Lan-att^.-l^nn'ito Penn RR , which owns a majority of the stock.

Hartford, ProvldMceJk .FlsAtUf.—This road formaa part of the proposed '.ine of the N. Y. & NewEngland Railroad. Gross earnings 1876-7, $897,044;net, $215,938. (V. 2«, p. 87, 304; V. 84, p. 166; V.2Tp. 16.)

/Jftva^onic—Lease < Berkshire Railroad, Stock-bridge & Pittsfleld, and W^est Stockbrldse. Orosaearnings in 1876-7 were »5'-9,407; net, $154,630. (Y.

L2.J,;). 'i32; V. 24, p. 274.)* J/ouiton .t 7Vj;<w Central.—Gton eammga for ten

' monihs ending Feb., 1878, were $4,35i).4t']; net.'$'i3:;T97. Company owns 5,240,000 acres landiyiiinst flrst and coniol. mortgiiges, and other lards

I nn4 lots against income bonds. (V. *S, p. 8B7; V.

I -Ji). p.4'V, 290, 831.

t

''niintiilgdon it Broad Tt>p.- Ctepital stock is $4,-

^:

032,800. Gross earnings in 1878 were $270,441; net.$143,815. Interest passed on 3d mortgage bonda.(V. 24, p. 206; V. 24, p. 369.)lUlnoU Central.—The general mortg. of 1974 pro-

vides for all bonds outstanding. It is limited to

$15,000,000. The Company has become interested

in the purchase of tiie N. O. Jack. A Gt. Nortli. onforeclosure, and has a similar interest in theMissi.-sippi Central, sold under consolidatedmortgage. In July, 1877. took the Chic. * Sj-ring.

under lease, ard isaaed the bonds secured 00 thatroad. The annual report for 18?r(V. 26, p. 164)giveacauses for decrease in earnings, prospects. Ac. Thefollowing is a com|>ari9on for four years

GrossYear. Kamlnga.1977 $6,6fM451376 7,040.969

1875 7,808,5561871 7,900.731

NetEarnings.$8,546,5612,144,7768 670,0812,775,368

Interest,*e.

$se8,i>Jd

616(792661,098413,610

(V. 24. p. 111,134, 158, 368, 444, 5;8; V, aj, p. 434,

4o8; V. 26, p. 164,548,574.1

India '•aim'.lt, Btoominaton it irwf^m—Default wa»first maBe July. 1874, and decree of foreclosure madeIn Mav, 1877. Receiver's certificates issued to con-siderable SMiount. 'iho Danville, Urbana, Bloom-ington & Pckln is part of this roail. Net eammgaof maiu line in !8:6-7, 8319,5b7. Wettem extenaiondeficit ou -peratious, $4.3,K)6. (V. 85, )>. 62, 168, »57.

401. 511; V. 26, p. 67, 190, «», 470, 548; V. 87, p.41.)Indianapoti', Cincinnati <t Lctfayetle.-'nie com-

pany defaulted .luly, 1S76, and Mr. Ingalls, Prealdenl;.

ivaii' appointed receiver. Gross earnings lffrt-7»

$1,811,209; expenses, $775,436; ceteamlngs. $5S5,-

78.3. (V. 84. p. 181,273; V, 85, p. 18i. 880; V.28, p. «65- 6»,)

rinllanapjliti, Decatur it Springlldd-This em-braces the former Indiana ft tlllnola Central. Tba.iccond mortL'agu is Isined to holders of old I. ft l.C.

firsts, and till July. 1891, Interest Is payahle out ofnet earnings only, if 'iiflJcient. Gross eamiSgs^l::7»-7, $1«1,V}5; net, $l7,7t;9. (V. 25, !>. 5U.) •

zzu RAILKOAD STOCKS AND BONDS [Vol. XXVI.

Subscribers ivlll confer a great lavor by Klvlng Immedlats notice ot any error discovered In these Tables.

DESCRIPTION.

For explanation of column beadingm, <fec., see notesat the bead of first page of tables.

Milesof^

Road.

Dateof

Bond^

Size orpar

Value.

AmountOutstanding Rate per When

Cent. Pay'ble

INTEREST OR DIVIDENDS.

Where Payable and byWhom.

Ifonrfs—Prinei-pal, When Due.

Dividend.

jHdianapoHs d- St Louis—1st iiiovt., in 3 series2d mortgaKcEquipment bonds

Indianapolis it y«u;enHe«— 1st mortgage, guar2d mortgage, guaranteed

Jnternalional if Gfeat Northern—Cimsol. stockInternational, Ist mortgage, goldHouston <fe Great Northern, 1st mortgage, gold...International 2d mortgageHouston it (it. Northern 2d mortgageFunded foiiiion bonds

Jowalalls it aioux City—StockIst mortgage, April 1,'69

Jacksonv., I'eus.d- Mob.—FloritUi State bonds, gold..

.

Jefferson (Pa.)—1 st & 2d morts. (Haw ley Branch) .

.

1st mortgage (Susquehanna to Cavt)ondale)JeffersonviUe, Madison d Indianapolis—StockIndianapolis & Ma^lison, Ist mortgageJeff., Mad. & Ind., Ist M. (s. f. $15,000 i)er yeai).

do do 2d mortgage.Joliet <t Northern Indiana—1st niort., guiir by M. C.Junction, rh iUulelphia-let mortgage2d mortgage

Sansas Cili/, St. Joseph <t Council Bluffs—Stoch1st mortgage. Council Blulfs &, St JosephKansas City, St. Jo. & C. Bl., mortgage

do do income '.ionds, reg. .

.

Kansas PaciJic—StocTtIst mort., gold, coup., on 140 miles west Mo. Riv.1st mort., gold, 140th to 393d mile2d mort (to U. 8. Gov.) on 394m. west Mo. River,let M., 394th to 639th mile, I'd gr., 3,000,000 ac'el8t mort., coup., (Leavenworth Branch)Income bonds, coupon, 3d mortgage on 427 miles.Ist land b'ds, ep, or reg., gold, on 2,000,000 acres2d land mort., do do doConsol. funding mortgageJune. C. & Fort K., Ist mort., gold, land gr., guar

Kentucky Ceii(raJ—2d mortgage3d mortgage

Keokuk <e Des Jfoin««—Ist mortgageFunded interest bonds

Knox <£ ii/ico//i—lat mortgageJjaJayeUe Itloominglon d ifi»«.—1st mortgageLafayette Maneie d Bloomington—lRt mortgageXtdke Shore <t Michigan Soittnern—HtockGuaranteed 10 percent stock ,

Coneol. Ist mort., (sink, fund, 1 per cent) coupondo do do registered

2d mortgage, do. (for $25,000,000) coup, and reg.Income bonds, coupon or registeredMortgage bonds of Oct., 1869, sinking fundiBt mortgage, sinking fund, JI. S. & N. I2d mortgage (C, P. & A. RR.) registered bonds3d mortgage doLake shore dividend bonds, April, 1869...l8t mortgage (C. & Tol. RR.) sinking fund2d mortgage doBuffalo & Erie, mortgage bonds

do dedo do

Dct. Monroe & Tol., Ist mort., coup., guarKalamazoo & White Pigeon, 1st mortgageSchoolcraft & Three River. 1 st mortgageKalamazoo & Schoolcraft, 1st mortgageKalamazoo, Allegan <& Gr. Rapids, 1st mortgage

do do stock, 6 per ct. guar.Jamestown & Franklin, 1st mortgage

do do 2d mortgageioiorenee—Stock

iBt mortgageJjeavenworlh Ateh. <tN. If.—1st mort., guarJjcaven., Law. <t (?«(».—1st mort., l.gr. ,8;f., convKansas C. & Santa Fe, Ist mort., guarSouthern Kansas, 1st mort., guar

Lehigh t6 Lackawanna— 1st mortgageIjehigh ya/ici/—Stock, common audpref

1 gt mortgage, coupon and registered2d mortgage, registered

7171

il7117519204255204255

184250

938

22686

1.59159444I3

27452

274

67314025339424534

427

33 >3

9999162

"498237

1181

186918701871

18711872187418741876-8

1869187018671869

186218661870

864864864

86445195952581621628888886237121358

5151221721145321015

301101101

186618771877

186518661865-718691866186618701871187618731853185518741874'69-'72

18711871

1870187018731872186918551859186718691855186618621866186818761869186718671868

18631869

186518701869187018721867

18681870

$1,0001.0001,000

500 &c.1,000

1.0001,0001,0001,000

ido500 &c.

1,6001,000100

500 &c.1,0001,0001,0001,0001,000100

1,000100 &c.

100100

1,0001,000

1,0001,000.".O Ac.

250 &c.1,000

I'obo1,0001,000lOO&c.100 &c.

1,6001,000100100

1,0001,0001.0001,0001,0001,0001,0001,000

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

500 Ac.1,000

1,0001,000

501,0001,0001,0001,000

501,0001,000

$2,000,000917,000500,000

1,700.0001,4,50,0005,500,0003,264,0004,084,0002,0.52,0002,907.0002,787,6204,625,0002,960,0004,000,000300,000

2,000,0002,000,000397,000

2,409,0002,000,000800,000500,000300,000

2,789,413500,000

4,493,4282,488,000

10,000,0002,240,0004,063,0006,303,0006,404,000600,000

4,275,3501,605,2501,500,0001,500,000600,000844,000237,000

2,300,0002,54,800

2,395,0001,300,000666,000

49,466,500533,500

\ 7,925,000

9,206,0003,294,000888,000

5,256,0001,000,0001,000,0001,393,0001,595,000849,000200,000300,000

2,844,000924,000400,000100,000100,000840,000610,000422,000500,000450,000341,000600,000

5,000,000720,000160,000300,000

27,228,8555,000,0006,000,000

77876

I'-

178771%777766

"7'

76

"eg.

7 g.777 k-7g.107g.777867g.7g.1577777777777777778883772I3

77101087167

VariousA. & O.J. & J.F. & A.M.& N.

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

Q.-M.A. & O.J. & J.J. & J.J. & J.Q.-F.M. & N.A. & O.J. & J.J. & J.J. & ,T.

A. A O.

J.'&"j.

J. ife J.A. & O.

F. '&'A.J. & D.PayableM. & N.M. & N.M. A S.

J. A J.M. A 8.

A. A O.A. A O.M. A 8.

J. A D.A. A O.A. A O.VaiiousF. A A.F. A A.P. A A.F. A A.J. A J.

Q.-J.J. A D.A. A OA. A O.M. A NJ. A JA. A O.A. A O.J. A J.

A. A O.J. A J.

M. A S.A. A O.P. A A.J. A JJ. A JJ. A JJ. A JA. A O.J. A J.J. A D.Q.—J.F. A A.A. A O.J. A J.M. A N.

F.AA.

J. A D.M. A 8.

N.Y., Union Trust Co.do dodo do

N. Y.,Farm. L. AT. Co.do do

July 1, 1919Oct, 1, 1900July 1, 1881

19081900

N.Y., National City B'kdo dodo dodo do

April 1, 191TJan. 1, 1900Feb., 1904

Feb. 1, 1904

N. Y., Nat. Park Bank.New York.

Honcsdalc Nat. Bank.N. Y., by Eric Railroad.N. Y., Fiu-ni. L. A T. Co.

do dodo dodo do

N. Y., Farm. L. A T. Co,Philadelphia Office.

do do

June, 1879April 1, 1899

190018R7 A 1889Jan. 1. 1889Miiy, 1878

May 1, 1881Oct. 1, 1906July 1. 1910

Boston, at Office,do dodo do

N. Y., Bk of Commeroc.do do

•a by transportation.N. Y., liOnd. A Frankft.N. Y., Bk of Commerce.

do doN. Y., Ix)nd. A Frankft.

Now York.do

New York.N. Y., Bank of America.

do doNew York Office.do do

Bath, First Nat. Bank.New York.

N.y., Chase A Atkins.do do

C'd'O aEfi a a o

Pittsburg Office. •

N. Y., Winslow, L. ACo.N. Y., B'k of ('ommerce.New York and Boston.

Boston Office.do

Julv 1, 1832April 1, 1900

Jan. 1, 1880Jan. 1, 1907Jan. 1, 1907

Philadelphia Office.Reg.atoffice, cp.B'kN.APhiladelphia Office.

Aug. 1, 1895June 1, 18961895 to '97

May 1, 1899Jan 1, 1896July 1, 1916July 1, 1880

Sept., 1886Oct., 1879

April 1, 1903March, 1833June, 1885

19041884

1880-1002Aug., 1901Aug., 1901

Aug. 1, 1879Aug. 1, 1878July 1, 1900July 1, 1900Dec. 1, 1903Oct. 1, 1882Oct. 1, 1879May 1, 1885Jan. 1, 1880Oct. 1, 1892April 1, 1999July 1, 1385April 1, 1986July 1, 1392Sept. 1, 1986April 1, 1998Aug. 1, 1906Jan. 1, 1990July 1, 1937July 1, 1887July 1, 1888April 1, 1879Var.toJuly,'97June 1, 1994Julv, 1879Aug., 1995

Oct. 1, 1899July, 189!)May, 1890

1892Fel)., 1897

April 15, 1878•iune, 1898S<^pt., 1910

Indtanaitotv! A, St. Louis.—Ot the l«t mortea^eiKindB series "A" are J. & J.; series "B," M. A S.;series " C," M. A N. The stock, $600,000, is ownedby Pennsylvania Co. and CI. Col. Cin. & Ind. Be-Icnes to Pern, system, and leases the St. Louis A.& T. H. In 1876-7, net carainRS were $191,432.Foreclosure puit pending. (V. 24, p. 495: V. 26, p.98, «14, 6:4; V. 27, p. 41.)

Indianapolis cfe Vincenne.<t.—Is contro'led by Penn.Co , through stock ownership, and interest is guar-anteed by Penn. Railroad. Net earnings in 1S15were $38,708. (V. 30, p. 426.)IrUemaibmal <t Great Northern ( rraoo).—A con

solidation of the International and the Houston AGreat Northern. Interest passed and funded in 187-,and funded coupon bonds are now %i ;87,6 0. Hasa land gram. Receiver appointed April. 1878. Nettamings, 1817. $466 248. (V 83, p. 403; V. 24, p.S99; V:26, p. a4J, 547).

Jowa Falls it Sioux C?(j/.—Leased to Illinois Cen-tral at 35 per cent, on earnings.

Iron Mountain, Chester dk Eastern.—Thie was for-merly the Chester & Tamaroa. Bonds are in de-fault since 18T3, and forecloenre sale ordcrel. (V.33, p. 614.)

JaeixmvlUe, Pensacola ct Mobile.—Th\B road is

mortgaged for a like amount of Florida State bonds.and IS held by the state ard noticed for sale April8, 1877. (V. &, p. 158; V. 21, p. 63, 3S6, 576; V. 34,

p. 40, an ; V. 33, p. S13.)

J^erson. -Leased to the Eric Railway Company,which pays interest on the bonds. (V. 14, p. 638.)

JeffertontUle, tfadison <t Indianapoiie.—Ltas'eAJan. 1, 1873, to Penn^ylvania Company for interestand tinidng fund of bonds, and 7 per cert, a yearon stock. Lease guaranteed by Penna. Railroad.In 1877, gross earnings were $1,177,916; net earn-ings, $499,a33. (V. 36, p. 192.1MUt Jt Northern Indiana.—Tilch. Central offered

to extend with a 6 per cent, bond, bat court decidedJiUkt total rent wust be applied to principal and

interest of bonds; still in litigation. In Jan., 1878,a 7 per cent bond, guaranteed by M. C, offered.(V. 3<. p. 567; V. 34, p. 445; V. 25, p. 593; V. 36, p.40.)

Junction (PhU."*—Owned by connecting companies.Cost of road $898,334; paid-up stock, $185,000.

Kansas City, St. Joseph A Council Bli^s—Theabove statement is made of the securities as issuedsince re-organization. Annual report of operationsin 1876, and outline of plan for isfue of securitiesIn V. 25, p. 63. (V. 22, p. 2:13, 495; V. 26, p. 39i».)

Kansas Pa<;.—In 1877 gross ear'ngs were $3,3'<4.7 4,

and net earnings $1,387,777, against $1,'28(',467 in 18 6and $1.57-J,K80 in 1875. 'I he earnings made on eachmortgage division are shown in V. 26, p. 192. Theland grant is in two trusts, 3,MXI,000 acres in the first,

from the Ist to the 880th mile (on which $708,371rotes for lands sold were outstanding .^pril, 78). and8.000,000 acres in the second, Irom SSOth mile west-waid, on which about f 375 UOJ land notes were h- Id.

The company, in November, 1876, went into handsof receivers. Important negotiations for control byUnion Pacific mate in May, 1878, and afterwards adisagreement between the parties. Foreclosurepending under the flrft mort. of IR6!> (Denv. ext-^u-ion). (V 25, p. 407, 450,569: V. 2«, p. 593, 391,

420, 470, 51.«, 62i, 65'; V S7, p 16,41.)

Kentucky Central.—"YMs was formerly CovingtonA Lexington. The company purchased the Mays-ville A Lexington road. In •Iune, 1ST8, it paid adividend of 3 per cent on prefeired stock of $500,000and I per cent on common stock of $4.5!Ki,(i00.

Gross earnings 1877-8 teig.SW: net, $346,691. (V.24, p. 445; V. 36, p. /.»3.)

Keokuk A Des ifolnes.—The stock is $1,824,000urcf. and ${,400,000 common. Coopons due Oct. I,

1877, and April I. 1878, funded into scrip. In May,18 8. lea^od to Chic. lik. I. A Pacific on basis of aguamntec ot new bonds at 6 per cent. (V. SU, p.i 1 T; V. 25, r. 312; V. 36, p. 4,0, 523, 546.)Kfwx A Lincoln.—Id 1877 net earDings were $46,-

94.3. Interest is paid on bonds by cities and towns.Annual report for 1876, V. 33, p. 304.

Lafai/ette Blootnini/ton A Jfi««.—Formerly leasedto Tol. Wab. A W.; now te Laf. Muucic A Bloom.(V. 33, p. 353; V. 24, p. 445, 488, 518.)

Lufaielte Munc'e A Btoomlnytmi.— la hands ofreceivers. (V. 24, p. 468, 518.)

Lake Shore A Michigan Southern.—The report for^:x months ending Jiine 30, 1878. sh.jwcd surplusincome an])licahU- to dividends of $9i4<.'213, against$445,347 fo same time in 1877. See V 28, p. 645.

The following shows a summary for the years named r

1875. 187S. 1877.Miles 1,175 l,i;« 1.176

Gross earnings.. $14,4,34,198 $13,949,176 $1.3,505.158Operst'g exp^es. 10,58; ,500 it,574,88.') 8,963,965Net earnings.... .3,902,697 4,374,341 4.541,193

Stock 60,000,000 60,000,000 60,000.000

Total debt 37,774,tOO 87,534,000 .37,274,000

(V. 2-1, p. 33, 254, 638; V. 24, p. 16, 418; V. 25, p.16, 83, 330, 510; V. 36, p. 443, 645.)

£omr«n««.—Leased to Pittsb., F. Wayne A Chic,at 40 per cent on gross earnings. Lease transferredto Peansylv'a Company. Net earnings, 1875, $84,177.Biuking fund has $14,000 bonds. (V. 20. p. 435.)

L'avenuorth Atch.A N. IV.—Operated by MIcsonriPaciflc.

tea^wortft, Lawrence A OoitiMWn.—Defaulted*" " Uced for sale it "

'"

265. 430, 61 U.)

Operated by Central of

Lea^iivort/t, Lawrenceoh interest Jijlv,.i873. Noticed for sale in foreclos-ure June .% 18Sf. (V.86, p.

MMlf^.A Lackcwanna.-;i(«w Jersey as a coal road.

LsA£^\ Fd^.r^This company's earnings are chiefivfrom anthracite,. coal. Inc groj^s income from all

sources, in 187U'-7, was $7,lii0,8f8: net $3,987,396.The Co.'s n^rt gives no general balance sheet,nor the cost or value of its miscellaneous invest-mcDte. Of the E. A Amboy mort., $5,000,000 have

July 97, 1878.] BAILROAD STOCKS AND BONOS. xziil

••bserlben will eoBftr a sreat fltror kr clrlac ImniaAlata notle* or aor arror 4l*e«T«r«« la tkaa* TaMaa.

DKSOBIFTION.For explanation of ootumn beadlnga, Ac, sae note*

at tlie bead of tint page or tables.

AmTrhidii Vanrii-( CoHtinuetl)—

( oiiw)l, iiiort., ({i)l<l, *& jB (H. fil. 1 p.c. vMy ) o.

Ka«taii & Aiuboy, iHt iuortK»K** (for $10/'Delano I^ikI (Juinpuny IxiikIm, cnduraecl

LewUburu Centre it .Spruce Creek—l»t mortgageLillle Miami—Slock, cuiiiiuou

l»t iiiortK'aire

8tro<>tc'oniiiwtlonb(liiOolutly wltliCiu.i& Ind.KR.)Littk Rwk ,f Fort «mt(A—New stock

lot M., Ill ),'r't (T.MI.lNIOavH) a.fund (for $3,000,000)LillU lleh iii/ll.-ill—HUtvk

let iiiiirlitH!.'<', aiiikliig fiiiid, cxtPiidcd 1H77I.oiiatutpl, < riitrrordsn. rf S. If. of liid.—lat mort., g.Luno Isliiiiilstmk

I HI iii(ii-tK;i>;(\ r\t('U8loul»t luoiiKiiKo, (iloneovcBrl»t iiioitKiii;!!, inuliiNowtowii A Kliuhliig, giuirNew York & Kockiiway, (tiiar

Smithtow II A I»ort JcHorsoiiLouitv.Cin. if /,«.—LoiiUv. I'lKto LouUv.A Kraakf.)

Loutgvilli' Cincinnati & IxixliiKtou, 1st mortNew niortuM*.'"". i<>n|H>n, for iil.OOO.OOO

Louitrillf ,t Xiuhrillt- .Stiu'k

LoiitHvilli' loan, main stoiii (no mortgage)...I.«!lian(>n branrb, l^nilsvillc loanLebanon branch. 1st inortitaKc i ,

do oxtftiuiion, Loulsvillu loanConRolidattxl 1st niortgime for ii!8,000,0002d mortxaicc bondi.. kiiUI, coniiMemplilH & Ohio. iHt iinirt., sterling, guarHemphlH & (MarkHviUe br., Ist mort., sterling.

LoieeUa Lmrrenfe—StuckLuktitt Valley—8lockMoron if A itt/H.ila—lst mortgage2d niort. . ('lulorsed by Georgia Railroad

Madison *ff Forta{je—\»K mort., coldMahoning Owi/.— Ist mortgage, coiii>onMaiichealrr it £«ir/rn<«—StockMaitie Central—Htock

iBt mortga^ff. cinisolldated ^Bonds ($1,100,000 loan) A. &. K. RRExtension bonds, 1870, goldMaine Central b>an for $1,100,000I«e<l8 & Kannington Kailroa<l loanAodroscoggiu Railroad, Batb (Mty loanPortland ic Kenncbe<', 1st mort., extended

do do consolidated mortgage.Belfaot A Moosebead, 1 st mortgage

Vaiu/Uld it: Framingham—lat mortgageMarietta rf ('iMcirtna/i— Ist mortgage, dollarIst mortgage, sterling ,

2d mortgage3d mortgage4tL inortga«cfor$t,0O0.000Scioto A fiDcking Valley RR., 1st mortgage. .

.

Bait. Short Line, stock, 8 p. c. guar by M. & Cdo do Ist mort., guar, by M. & C

Cincinnati & Baltimore RR., stockdo do 1st mortgage

Marquelle. R. it O—1st mort., I'd gr., M. A O., coup.Ist mort., rd gr., H. ic O., coup2d mort., land grant, M., H. &0.,coup3d mort., do do do

Uemphui <t Oharlejiton—stock1 St mortgage, convertible2d mortitageNew con«ol. mortgage, gold (for $4,700,000)

Metropolitan (N. Y. CItvl— Ist mortgage, $or je

Michigan <Vn<»-«/—stock1st mortKage, convertible, sinking fundIst mortgage, convertibleConsolidated mortgage (for $10,000,000)Miehlgan .\ir Line mortgageMichigan Air Line 1st mort., assumed by M. CEquipment bondsKalamazoo A South Haven, Ist mort., guar

do do 2d mort., guar

MIleaof

Road.

23200

19lUU81

123123313192

158

OH4101905

17.517,5

737

3923921308312207777.394326

355355

19

38

"72

"3322188188

Dateof

Bonds.

305>9

"564494109292

292

80028428428410310

3939

187318771872

18531864

1875

18771870

186013641868187318711871185118671877

1856186318631868187318711872

1867186918701872

18721860-118701868187118611863186518701869186118611866187018731866

1869

1872187118721873

18771878

18721869

187418701870

Size, orPar

Value.

91,000

1,600

"501,0001,000

1,60050

500 Ac100 Ac

50500

'500500500500

1,0001,000

100 Ac.100

l',6<>0

1,0001,0001,0001,000£200£200

ioo1,0001,0001,000,1,000100100

100 Ac.

100100

500 Ac

1001,000

1,0001,0001,0001,000

25

1,0001,000

1,6001,0001,0001,0001,0001,0001,0001,000

AmountOutfltaudiug

$13,301,000Held bv L.V,

1.0!),.0001,5 1.">,()(M)

4.tillS,l)OI)

l,.')OI),OOI)

5,0<><),00O

2,650,0002,646,100492,000

1,500,0003,300,000175,000150,000

l,121,,50O106„50O250,000600,000100,000

3,000,000I

9,00;),218849,000225,00077,000

333,0007,070,0002,000,0003,500,0002,336,730200,000600,000400,000370,000600.000

1,480,0001,000,0003,620,1203,898,6001,100,000496,500756,800633,000425,000217,300

1,166,7001.50,000300,000

2,450,0001,050,0002,500,0003,000,0002,004,000300,000

1,125,000750,000

1,200,000500,000

1,910,0002,000,000840,000706,000

5,312,7251,260,0001,000,0002,264,000

600,000 p.m.18,738,2041,501,000556,000

8,000,0001,900,000200,000556,000640,00070,000

INTKRWT OR DIVIDENDS.Rate perCent.

^-77266

"73>978g.

"7'

a7777677

66767

I'-

t'-

77?^'

5

"7

6««•

6666««•

7?«•

887474788810

"7

7

I«-t'-S87S8888

WhenPuyablt

J. A D.

J. A "j.

.M. A N.Q.—M,rf; A N.Various

I. A J.J. A JA. A O.Q.—F.

F. AA,W. A N.M. A NM. A N.A. A O.M. A 8.J. A J.J. A JA. A O.F. A AA. A OVariousM. A N.A. A O.A. A O.M. A N,J. A D.F. A A.A. A OQ.—F.

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

A JM. A N.

Where Parable, and b}whom.

PhlladelpbUt Office.

AAAAAAAA

M. A NJ. A J.F. A AF. A A.M. A N.J. A JA. A O.M. A N.J. A J.J. A D,M. A N.J. A J.J. A DJ. A J.F. A AM. A 8.

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

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

Philadelphia OIBoe.

Cincinnati.N v., Bank of America.

Cincinnati.

Boston.Philadelphia Office.

doN. Y., Jones A Schuyler.

Oompanv's Oltloe.

N.Y.,8t. Nicholas N.Bk.do dodo dodo dodo do

Dro&el, Morgan A Co.N. Y., Bank of Araerioa.

do do

Louisrille.N. Y., Drexel, M. A Co.

do doLouisville.

doN. Y., Drexel, M. A Co

New York.London, Baring Bros.

do doBoston.

Philadelphia.N.Y.,M.K. Jesup.P.ACo

do doNow York.

N.York, Union Trust Co,Manchester and Boston.

Bost.,Nat. B'kCom'rce.Bost., N. Bk. Commerce

do dodo doPortland.

Boat., Nat. B'k Com'rcePortland, Me.

Bost., Nat. B'k Com'rce.Belfast and Boston.

Boston, Bost. Nat.Bank.Bait., B. Garret A Sons.

Loudon.Bait., R. Garret A Sons.

do dodo dodo dodo do

Bait., Merch. Nat. Bankdo dodo do

N. Y., Company's office.

do dodo dodo do

N.Y.,R.T.Wil»onACo.do dodo do

N.Y., Central Trust Co.Mew York and Boston.

Boston onice.do

N. Y., Farm. L. A T. Co.do dodo dodo dodo dodo do

B»n<J«—Prlnol-l>al. When Due.aUtekM-ljuttDividend.

1898 A 1933

Jan., 1892May 1. 1902June 9, 1878May, 1883

1804

July 1, 189SJuly, 1878Oct., 1882Aug., 1900

18731H901884

July, 189RMay, 1903April, 19018<ipt., J 901Jau., 1881Jan.. 1897

1907July, 18781886 A 1887

1886Nov., 1880-'85Oct, 15, 1893April, 1898

Nov. 1, 1883Dec., 1901Aug., 1902

Apl. 2, 1878May, 1878

18871879

Oct., 1890Jan., 1902

May 1, 1878

Apriri,""l9121890 to 1891Oct., 1900July, 1898July, 1901July, 1891

AprUl, 1883Oct. 1, 1895May 15, 1890July 1, 1889Aug. 1, 1891Aug. 1, 1891May 1, 1896July 1, 1890April, 1908May 1, 1898Jan., 1878

Dec. 1, 190iNov. 1, 1877Jan. 1, 1900June 1, 1892July 1, 1891Aug. 1, 1892Sept. 1, 1903

May iV1880Jan. 1, 1885Jan. 1, 1916July, 1908June 1, 1878Oct. 1, 1882Oct. 1, 1882May 1,1902Jan. 1,1890

1890April 1, 1883Nov. 1, 1890Nov. 1. 1890

been issned to L. V. Company. A comparativestatement for three years Is as foHows:

-- 1874-5. 1875-6. 1876-7.•Coal (tons) moved... 8,277,187 3,95l.iil:l 4.361,124Oroas earnings $ti,ni6,49.'S $7,1)49.646 $ii,4Si,0:)8Operating expenses. . 3,a«i8,()61 J,8I2,750 :i,ltli,82J

Net eimlngs tl.TOl.ta? »:i.ao i,8% 83,:K5,8I4Capital stock 87.(i98,«t7 2T,-.-.«,9«) •J7.a»,85.'SFunded debt »,129,000 24,1811 000 »4,301,000Floatlngdebt 4«).a08 8.35,813

• Anthracite. (V. 81, p. 110; V. 23, p. 283;V. «, p. 67, 340.)

ZiiUU Jfiomi.—This company leases the ColnmbasS Zenia, and both are lea-sud to P!lt.<hur", Clncln.natl & St. Louis, guaranteed by Pt-nn. Rli., lesseesasecmint; Intnrest payment on bo-ida and 8 per centon stock. Net earnings, 1876, (I,. M. A O. A X.)taa«,555. (V. 20, p. 4*7; V. 34, p. 4».)

ZAUU Eoekit Fort Sm«A.—Foreclosed Dec. 10, 1874.Re-organlr.ed and stock issued for old bonds. Netreceipts, 1876, ».')1,044; In Iftl, $1U,I<B. (V. «, p.63; V. «8, p. MK.)

' V.

i"

LiitU 3cAu!/lkm.-leMe& and operated by Phila-delphia A Reading. Dividends, 7 per cent,

tooaiuport, CrawfordnUU it S. W. of Ind.—'De-<re« of sale made. The total lUbllilies. September1875, reported at $4,097,000, of which »32.>,(X10 werereceiver's certificates. (V. 22, p. 63; V. 88, p. 428.)

Long Wan</.—Gross earnings, year ending Sept.30, 1876, «l,1.3t,75S; net earnings, $:»3,B08 (Includingleased linen from May 1) ; interest and rentals,$876,331. Nctearnings tor three years before, were:1874-5, $813..'i01; mri-4. $.117,831; 1872- -1, $i«.5.a8.In Jan., 1876. a sale of stock was made to Mr. Pop-penhaseo. and this roid aftcrwlrd leased ihe FlashIng No. Shore A Central, and the So. of L. I , andwent Into Receiver's hands October, 1877. (V. 88.p. 112: V. », p. 384, 43S, 510; V. », p. SOi $92.1

Loui^viUe, Cincinnati <t Lexington. — Sold inforeclosure Oct. 1, '77. tor $731,000 to 8d mort. bond-holder..*, subject to above liens. New co. organizedwith J-.MUO,000 stock. (V. 84, p. 170, 469, 565; V. 25,

p. 16, 335, 356,433. 5!3.)

Louisville, New All>any dS St. Louie Air-Line.—This road is projected from Louisville to St. Lonis,and has 88 miles built. To be sold in foreclosure.(V. 20, p. 16, 357, 4.53; V. 81, p. 86; V. 88, p. 8v8.)

Lauiemile ±}fa»hvlUe. -In 1876-7 surplus aboveint. and rentals was $350,003. For eleven monthsending May 31, 1878. net earnlng.4 were $2,090,787 in

1377-8, acainut 81, :«6,895 In 181B-7. Gross earningsof msin stem, branchos and leased lines in 1876-7.

$5,315,:ji!6; net, $8,140,580. Nashv. A Dec. Is leased,

and Ihibilities for the S. AN. Ala. are assumed.(V. !», p. 41, 33i, 356; V. 88, p. 148, 653; V. 87,

p. 68.)

Lowell <t Lanirence.—Lenaei t» Boston A Lowell.(V. 25, p. 357.)

I/ukenD Faulty.—Leased to Summit Branch Rail-

road st $68,500 per annum. (V 85, p. 113.)

MacoA tk Au^Ata.—Leased and operated by theGeorgia Railroad, which guarantees all the bondsexcept $1(X),000 of flrst mort','age. Gross earnings,1377-8, $99,787; expenses, $l(M,M;r. (.V. 26. p. 468.)Madison <t A>rt<i9<.—Controlled br Chic. Mil. A

St. Paul. Gross earnings, 1876. $31,896. (V. 86, p.

459.)

Mahoning Cboi.—This coal road runs from An-dovcr. O , to Youngntown, O., and is leased to tueLike Shore A M. 8? for 85 years froji May, 1878, at40 per cent of gross earnings.

Manchester it £awr«i«.—Formerly operated withthe Concord RU, as one line. Net earnings 1877-8.

$100.4.58 snainst $10D,4» In 1876-T. (V. fc, p. 39;V. 8:. p. 6«.)

Jfain^ Centril.—Tt\e total oarnings fnrtheycar 1877wcruJl.iiM.iiT; operating expenses. $1,003,.M8: netearnings, $<i5).6»^-sutncient to pay $60^519 for

Interest and rents, and letve s balance of t<7,t79.

There were sold $1,011,000 of consol. bonds in tbeyear to pay floating d<!bt. (V. S2, p. 36 1>; V. 21, p.344; V. 85, p. 187; V. 86, p. 341.)Mansfield it Framingfiam.—Leased to Boston,

Clinton A Fitihbcrg, at 85 per cent ot gross earn-ings. Consolidation made June, 1875. (V. 20, p.6ia.)

Marietta A CincinneUi.—Cn^iM stock Is $14,000,000. Gross earnings for the year 18711 were $1,637,-05i: expenses, $1,891,870; n.4 earnings, $345,181,against $371,484 net earnings in 187V The Balti-more A Ohio Railroad made large advances forconstruction, Ac. l^efault was made in 1877 and are -elver was appointed in suit to foreclose the 4thmortgage. The flrst m'Ttgage homlhotder-i com-plain of the piyment of iotere-t on guiranteeawhich are inferior liens to their own. (V. 84, p.

3i4; V. 85, p 808, 335, 5t9; V. 86, p. 816, 848, 496.)

Marquette. Houghton <t Onfono^on.—This is aconsolidation of Marquette A Ontonagon andHoughton A Ontonagon, and operates S*i( miles.Lands amount to 485,000 acres, chiefly timber andm'oeral. Stock, $2,806,600. Net c.irrings, 13n>$»47,'^S7.

Memphis <t CTarJsfton—This road was leased In

June, 1877, to the K Tenn. Va A Ga.RR Co. An Im-portant negotiation was also made In the eameflscal

year, placing the comp.inyina much better financial

condition. See full account in V. 86, p. 115. Of thenew con»ol. mortgage $1,400,000 is secnc«dbyoldTenn. State hen for $ I,TSii.QOO, asstjpied to a trus-

tee, and enough is reserv,d ro take up 1st and8dmortgages. (V 8<, p. 804; V. 24, p. 519. 565; V. 25,

p. 855: V. 86, p. lli.)

Michigan Central.—Ttii fiscal year will hereafter

end with Dec 81. For seven month-, June-Doc.,

I-.T7, net earnings on main line and branches were$l,81'2.4flfl. Floaiing debt has been paid off. TheJackson L.A 8. debt is assumed by Mich. Cent.,which slso pays ?n,nni) per year on the stock, one-third of which It owns; the proceeds of J. L. A 8.

lands go to pay bonds. (V. S6, p. 519.) InterestVM

XXIV RAILROAD- STOCKS AND BOND [Vol. XXVII.

Sobserlbcrs nvlll confer a great favor by givlns immediate notice of any error discovered In titese Tables*

DESCRIPTION.

For explauatiou of column hoadincs, &c., see uote»at the hciMl of first pajio of tables.

Milesof

Road.

Dateof

Bouds

Mich ignn Crntml—fCoitliii neil)—Grand River Valley, Ist mort., guar. 5

do do 2d mort., f,niar

do do stock, KiiarDetroit & Bay City 1st moitsa^o, endorsed

do do mortgasc (not Kiiar M.C.)Jackson, Lansing & Saginaw Ist niort— ^ conp.

do Ist mort. (N. of Win.), eonv. V maydo Cons. m. on whole line (300m.) J he rg

ilUwaukee <£ Xoilhern—1st mortgageMilwaukee, Luke Shore tt ires(er)i— ist m., gold. . ..

Mine Bill it Sch lii/lkill Hanit—stockMinneapolis «6 Si. i.—1st JI., Miii. to Kioux C. June,

Istmortg.ngc, Hioux City June, to Iowa liuc1st mortg.. -Minneapolis to White B. Lake, guar..

Mississippi t£ Tennessee—Ist mortgage, .series **A".Ist mortgage, series " B, " (a second lien)

Missoxit'i, Kansas t£ Tejrts—stocklet m., gold, sink, fund, on road and land (U.P.S.Br)let mortgage, gold (Tebo. & Neoslio)Consolidated mortgage, gold, on road and laud. .

.

2d mortgage, income (for .•flO.OOO.OOO)Hannibal ii Central Stisaouii, l.st mortgage

Mistouri Paci^c—StockiRt mortgage, gold2d mortgage (sinking fund $30,000 per annum)..Real estate (depot) bondsDebt to St. Louie Coimty (no bonds)3d mortgageCarondctet Branch, 1st mortgage

Missoxivi R., Fori ScoU it Oui/—1st m. 1. gi-, s. f2d mortgage, coupon, may be registered

Mobile d- Oiranl—'iCi mort., end. l)y Cent. Ga. RR..Mortgage bonds issne<l to Central R. R. Ga

Mobile ei Monk/.—Stocii, (Authorized .$3,022,517.).Mobile <t Oh io—StockConvertibles per cent bondsIst mortgage, sterlingInterest bondsInterest bonds, sterlingTennessee subs., Ist mortj^age, sterlingSpecial mortgage (Mississippi, Gainesville & Tex.)2d mortgageConsolidated niort^jage, gold (for $1.5,000,000)...

Montciair x- (I. Lake.— li^t mort, new ($700,000)2d mort. (issued for old firsts)

Montgomery i£ Enfaula—1 mort., end. Viy Alabama.1 St mortgage, not endorsed

Montieello d- I'ort Jercis—Ist mortgageMorris <i Essex—aXoiik

let mortgage, sinking fund2d mortgageConvertible bondsConstruction bondsGen. m. & 1st on Boonton Br. &c. (guar. D.L.&W.)Consol. mort. (for $23,000,000) guiir. D. L. & WSpecial rea I estate mort gage

ifashvule, (Jhattanooya tC AV. iouw—stockBonds to U. 8. government, 2d mortBonds endorsed by TennNew 1st mort. (for $0,800,000) coup., reg'ble ..

let mortgage on branchesXashville <£ Dccaiitr—Stock, guar'd p. c. by L. d^ N.

let mort. guar. s. f2d mortgage

Nashua <£ Lowell—Stoc^Bonds for fi-eight depot (gold)

Jfaugatuck—Stoci.JV'cftro^An—Consol. mort., guar/fesquehoninr/ Yalley—BtockNewark, Somerset d- Straitse., O.—let mortgage.Newcastle <£ Bea ter Tallei/—SteeleNeto Hacen d: Derby—let «& 2d mortgagesNew Hacen rf) Xorlhamp. (canal RR.)—StockMortgage bonds, couiwn ,

Bonds convertible, tax free, couponHolyoke & Westfleld RR, leased, 1st mort...

8484

118118116

23B126127140279313

10010078018210078678670

299283283

299

16116185

ise516

Size, or l„-„„^INTEREST OR DIVIDENDS.

WhenPayable

18661869

1872187218651870187118701875

18771877187718771877

186818701871-318761870

186818711872

1876 1

18731869187018691877

$1,0001,000100

21

40

8080231378484

34137

345

3407512212212254

18731853

18711871

18741875

186718701870

18641866vari'ae1871187J1875

1871

18731877

18701867

57133leifl441513

10092

"io

1873

1877

1869

eskito

1869

1870

1,0001,0001,00050 &e,1,000

501.000

500 &c.1,0001,0001,000100

1,0001,0001,000

500 &c1,000100

1,0001,000

500 &c

i',6oo1,0001,000

500 &0.1,000

i'eo100

1,000£225

100 &c.£100&e1,000

100 &c.1,000100 &c.100 &c.1,0001,0001,000

50250

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

1,0001,000

1,000500100

1001,000

50500 &c,

50500 &c

1001,0001,0001,000

$1,000,000500,000491,200424,000

1,906,0001,277,000680,000

2,001,0002,134.000730,000

3,969,600433,000

1,100,000280,000

1,000,0001,100,000

21,403,0002,433,000349,000

14,752,0006,025,500800,000800,000

7,000,00012,60t),000800,000700,000

4,500,000250,000

5,000,0001,947,000300,000

1,000,0002,794,8005,320,600977,550

5,643,0001,517,300769,920

1,668,00033,000

1,431,207(?)

700,0001,800,0001,040,000330,(KX)500,000

13,000,0003,000,0003,000,000284,000573,000

4,991,0004,321,0001,025,0006,575,2951.000,0001,100,0004,700,000300,000

1,512,0001,837,000206,000800,000200,000

2,000,0001,836,0001,300,000800,000605,000525,000

2,460,0001,294,000885,000200,000

821388888873137 g.7 g.7g.88

"e'g.7 g.

I'-7g.

8776g.1010842»2g

Wliei'o Payable, and byWhom.

& J.& 8.

& J.& N.& N.& J.& N.& S.

& D.& D.& J.& J.& D.& N.& O.& J.

J. & J., i; D.VariousA. & O.M. & N

86 g.86g.7 g.88

?«•

7

u77777771467637!»"•

757 g.

73767

.Bojirfs—Princi-

pal, when due.Stocks—tstalDividend.

N. y.. Farm. L. & T. Co.do dodo dodo do

New York and Boston.N. Y., Farm. L. & T. Co.

do dodo do

N.Y., Merch. Exc. N.Bk.N. Y., S. 8. Sands & Co.Philadelphia, P.cfeR.Co.N.Y., Continental N.Bk.

do dodo do

N. Y., Central Trust Co,do do

N. Y., Union Trust Co.do dodo dodo dodo do

July 1, 13><fi

July 1, l-*7'.i

July, 1S7SMay 1,1902-3

1902.July 1,1 ^S.'i

Mayl, 1-J90Sept. 1, 1891Dec, 1901Jnnel, 1895July, 1878

Jan. 1, 1907Feb. 1, 1927Jan. 1, 1907April 1, 1902.July 1, 1902

.Tan!,'i'iB99

June, 19031904-1906

April 19. 1911May, 1890

*'. & A.J. & J.

M. & N.mont'lyM. & iJ. NA. & O.J. & J.A. & O.J. & J.

N. Y., Company's Offlcc,

do dodo do

St. Louis.Y., Company's Oflice

New York.Boston, Co.'e office.

do doN.Y., Nat. City Bank.

N. Y., Drexel, M. & Co.

Q-M.ji. a N.M. & N.M. & N.J. & J.M. tt N.Mtii-ch

J. & J.P. & A.M. & S.

M. & S.

J. & D.Q-J.

J. & J.

M. & N.F. & A.J. & J.

P. & A.A. & OJ. & D

A.'&'O

J.'&"j.

J. & JJ. & J.J. & DJ. & JA. & O.M. & NF. & A.J. & J.A. & O.M. & S.

M. & N.Q.-J.Various

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

Aug.. 1888July, 1691

Jlay 1. 1892.Feb., 1885

Oct. 1, 1893Jan. 1, 1899April 13, 1890

Jan,, 188»

July 31, 1878

New York,New York and London.

Mobile.London.

New Y'ork and London.Mobile.

doNew York or London.New York, C'o.'s Oftioe.

do doN. Y., G. Oixlyko & Co.

do doN. Y., Union Trust CoN. Y., Del., Lack & W.

dodododododo

dodododododo

Dec. 1, 1883Nov. 1, 18831876 and '33

18831901

1 877-1 S32Jan. 1, 1904

March 1, 188dJune 1, 1900

1890Jnlv2, 1S78

1914189119001889

Oct., 19«1June 1, 1915

New York'&Nashville. April 1. 18T8N. Y., V. K. Stevenson. 1881 and 91

N. Y., V. K. Stevenson,New York.

N. Y., Drexel, M. & Co,Nashville, Co.'s Office.

Boston & Nashua.Boston.

Bridge-iKirt, Conn.Boston.

Philadelphia, Co.'s oflice

N. Y., Union Trust Co.Newcastle, Pcnn.

N. Haven, E.S. ScrantonNew Haven.

dododo

July 1. 1913Jan. 1. 1917Juno. 1878July 1, 1900Oct., 1887

May 1, 1878Aug. 1, 1893Jnly 15, 1878Oct. 1. 1390Mch. 1. 1878Nov. 1, 1889Julv, 18781898 to 1900Oct., 1874Jan.. 1899

April "80 & '82

April 1, 1891

pasted on the Detroit & Bay City bonds, not guar-anteed. Nov., 1875. D. & B. C. net eaniings in 1877were $97,281. (V. 25, p. 11. 332; V. SB, p. 417,574, 653.)

Milwaukee <t Noethem.—Tv/o coupons were paidin stock, but cash payment was resumed in .Jnly,

1876. It is leased to Wisconsin Central. (V. 2«,

p. 233.)

Milwaukee, Lake Shore <t Western.—So\A in fore-closure for t2,509,~!i8, Dec. 10, 1875, nn I purchasedtoy bondholders, who made this new first mortgagefor $750,000. Net earnings, 1876, $57,479. (V. 21,

p. '277, 5al ; V. 25, p. 308.)

nine Hill dk SehuiilkUl ,W'i».-n.— CenBcil to Phila-dolphia & Reading, May 1£6I, for 999 years; 8 percent dividends on stock.

Minneipolis <fe Sf.. Louis.—thii load was com-pleted in 1877. The bonds of the 8l.ino,0(X) mort-jtage. nnmbered from 1,101 Io 1,4)0, fr J.'iOi each,<|150,000 In all) are guiranteed by the Burl. C. R. &Northern Railroad. The bonds on the 15 mileswere issued by the Minneapolis Jfc Dulutii RR.

Mississippi <C 7V;!«<;««(!«.—Gross earnings 1876-7,$433,440; net, ^512.768. All tlic debt is consolidatedin the mortgage of 1H77, consisting of series ".\."

preferred, and series '' B," 2(1. The debt to Stateof Tenn. is paid. (V. 23, p. 621 ; V. S5, p. 154, 6 1 7

;

V. 26, p. 30.)

Missouri, Kansas Jk TcakM.—Latest report, V. 26,

p. 365. Gross earnings 1877, 81,197,821 ; net, *1.018,-664, against $1,W1,8?3 in 1876, and Sl.St.O.wa in 18'6.

^et income n 1877 over taxes S'.Wi.-'ll. Annualinterest charge now (nnder adjustment) is t776,*)'-',sold. The M.K.&T. bonds and U P.S.Br, bondsdraw 4 I er cent io 1878 and 5 in 1579-"'. Landgrant is about 4,565.142 acres. ;V. 56, p. 363, 392,470. 623. .549, 625, 653.)

Jfiwourt Pa<;i)!c.—Gross eannngs in 1877. «.3,984.-448; operating expenses, $4,321,855; net $l.t;60,0f6.Kcorganized after the sale of the roid nnder 3d

.*iort£ags, Sept. 6, IS16, for i3,(;00.000. ijtockboldere

of old company brought suit to annul the sale.

Default was made on carondclet Branch bonds, Oct.1. 1877, and compromise bonds at 50 per cent wereofEered Jan., 1878. (V. 85, p. 235 ; V. S6, p. 41;V. 27, p. 68.)

jlissouri River, Fort Scott & ©(^/".—Interest pa.'ised

Oct.. 1878. and subsequently. Coupons overdue.Tan. 1, 1878, $2.127.5.50. Receiver appointed April,1878. Gross receipts in 1877, from road and land",81,004,54 ; net, $W63.89I. (V.2), p. 493, 565; V.25, p. 308; V. '26, p. 312, 391.)

Mobile (fc Girard.—The Central Railroad ofGeorgia endorses these bonds, and holds the 4 percent mortcaize bonds for advances made. (V. 2;j.

p. 549; V. 24, p. 542.)

Mobile <fc Monttoniery.So]il in foi-eclosnre. No-vember. 1874, and stock issued to old bondholders.Old mortgage debt vet out. $275,000. Gross ea-n'gs,1877. $1)611,0:17; net, $224,560, (V. '^4, p. 180,495;V. 26, p. 418.)Motile & Ohio.— Foreclosure sale noticed for

August 19, 1878, nnder first mortgage. Plan ofadjustment (see V. '23. p. 451). Gross earnings year

! ending Aug. 1, 1877, $2,083,278; net, $189,485. (VI

26, p. 166, 256, 844, 496, f58.)

Moiitc'air tit. Greer, wood /.aA'tf.—Re-organization ofold Montciair road sold in foreclosure. Rece.verappoint) d, October. 1877. Disagreement as toreorganization. (V. 26, p. 67, 60;i, 62.5. 6.53; V. 27, p.16, tiS.)

Montriomery <t Bvfaula.—Was to have been soldinforfclosure Nov. t2. 1^77, but postponed by an'

appeal. (V. 26. p. 17; V. ift, p. 5' 7.1

MonHcello <t Port ./frits.—Defaulted in 1873. SoldJuly 7, 1875. (V. 20. p. 35B, 38-3; V. n, p. 39, 592.)

Moriis (ft &«CT.—Leased in perpetuity to theDelaware, Lackawanna & Western. The lesseesassum all liai)ilitics and pay 7 per cent on stock.Report for 1676, V. W, p. 3!*ti; for ls77, V. 26, p.191.Nash., Chatt. * St. Z,.—Gross earnings of 1876-7,

$1,632,276; expeuees, $9ge,23i; net earnings, $706.-

012. The following payments were made ia addi-tion to the operating expenses :

Interest on bonded debt for the year ^438,1'20Ititereston lloating debt and exchange 16,f27

Tax-s in Tennessee 21.827

Taxes in Alabama 1,913

Two dividends of IX per cent, each !9S,08.?

Difference in cost of steel over iron rails,

25 per cent on $1SS 871 30,967

Cort (.f extra ties u»ed in laying 32 milessietl tail, tXX) to mileextia 5,760

Cost f new bridges built iu excess of ordi-

nary repa rs II ,763

Total $723,012Cumberland & O. road is leased, with a guar-ai tee of bone 8. The debt to U. S. and bonds en-dorsed by Tenn. are secured by deposit of 1st mort.bonds. (V. 23, p. 80, 18 I ; V. 24, p. 321; V. ii, p.

.3.57, 476, 482; V. 2ii, p. 528.)

Nashville i6 Decatur. - Leased May 4, 1871. to LoB-!sville A Nashv. Co. for thirty years, lease guarantee-ine interest on bonds, and 6 per ct. yearly on stock.Nashua d: Lowell.—^ei. recei. ts in 1877-3. $96 759.

Notes out are $2'25,nno. (V.24,D.564: V.26.p 624.)Na'foatuck.-'Net earnings 1876-7, $227,927. (V.

'23, p. 622: V. 25, 11. B16r)A'eftra*t«.—Formerly Miiland Pacitic. The old

bonds were to be exciumged for these guar, by theBar. & Mo. in Neb., to which the Nebraska road in

leased. See V. 'is, p. ,885, 641.

Nfsquehonliui FatVy—Leased to the Lehigh CoalA Navigation Co. at a yearly rental of 10 per centdividend 1 n the cipital stuck.Newark Simerset <6 Straitsv.—heiiscA to Sandusky

Mansfield ^t Newark. Guaranteed by Bait. & Ohio.New Cattle tS BedVfr K^tt-y.—Leased t.> Pitts-

burgh. Fort Wayne & Chicago, and lease transf.Tred

to Penn. Compaiiy.NewlTaren (fe Derhi/—'Set earnings 187fi-7. $4fi,47.'..

New Ilaven city guarantees the $225,(t(H) 2d ni. bonds.New Ilaren tt Northampton.—Qmaa earnings,

1876-<, $.56l,.^ii6; operating expenses, $333,132: netearninip, $231,214. (V. 26, p. 17.)

aOLT 27, 1878.JRAILROAD STOCKS AND BONDS.

abaerlbera vrlll confftr a Kre^t n>Tor bf BlvInB Immediate notlee of anr error diseorered in (beee Table*.

DESCRIPTION.

Fur t.'xi>lanAtlon of ooliiiiin headlnKa. A,e., vee uotcsat the lioatl of flrat page of tublea.

A'. J. iliillaml~l»t mort., g'ld, giiar. I>y N.Y.&O2<1 limit >ta>r<'. I'll iTiiiioy

Ntw Jrixni if Srw Ynrk—lat mort. (for $1,&0U,000|N. J. Siiiilhrni—lnl luortKageAVic L*militn Northern—stock

Ift iiioi'l KiiKO buiida*Jd iiiinMKii^c ..-.

K. (> it- .U«/)i/<-.—l«t mortgageSfw Vilemm. SI. L. c« tViio.— Ist M. (N. O. J.& G. N.)

2cl UKirtitiiKf, (N. O. J. &G. N.)l!it uiorrKim'c, (Mississinp' Central)'.*<1 iiutri.u'uvrt', no

A'. 1'., liosUm it' JfoiUrfu/—IstmortRiiKO, goldAT. Y. li t'0HO(/((— iHt M., BtorliiiiS, guar. D.* II. Can.A>ifl York Ventral i£ llntlaon ifire/"—8iiick

Premium hoinls (N. Y. Central)—Bonds, li. i\: N. V. Htockholdors doBonds rnltroad stock doBoHdrt rt-al eMtat« do —Beufwiil boiidfl

2d miirtgago, sinking fund (IIiiilsou Klver)

M— . .,.-» ™ ... <i$ao,000,000 ( coupon or regls-New mortKaxi'l j^.jIooo.OOO J tered.

AT. Y. Cihi Kler((lr<i.—»tockiKt mortgage (for * Ii;,(M)0,O(K)) $ or £

Sew York <« Harlem—Cumiuou stockPrefori-etl HtoekCouHol. mort., coup, or reg. (for $12,000,000)....Sinking fund

AT. r. Jlffusaton if i£ Northern—Ist mortgage..V 1". Lake Eric /• Vest. C tr*«;—Stock, commonPreferred .-toiK (7 p. c. y'rly, not piiuiulative)Ipt mortgage (e.vtcnded in 18(!7 to 1897)2d mortgage, convertible (extended to 1879)-"3d mortg.ige4tli mortgiige, convertible5t.h mortgage, convertible "

" .

.

Buffalo Branch BondsLonir Dock Co. mortgageSterling bonds, convertible. «1,000,000l8t consolidated mortgage, gold (for*30,000,000)2d consolidated mortgage, 5-20, (for !f10,000,000)New Iwmds (debentures) convertible till 1883

S. Y. dS Xem Eiigluiul (Bost., Hart/, it £;•«)—Stock.1st mortgagee, oldIst mortgage, new

2few York. Xffr Itatfen, rf Hartford—StockUarlcm & I'ortehester, Ist mortgage guaranteed.

y.Y.dC Osweijo Midland—\it mortgage, goldN. Y.. Proe. tt i{o«to»«—(Stoningtonl—Stockl8t mortgageExtensionGeneral mortgage ($1,000,000 authorized)

North Carolinn—Stock, commoni*refcrred stockMortgage boud.-^

Norl/ieantern {S. 6'.)—Stock, commonPref . stock (8 per cent) exchangeable for 2d mort.1st mortgage, new2d mort gaiie, now

/forth iV;i/iAV/fpam(*—StockIst mortgage2d mortgageGeneral mortgage Itonds

Northern Central—Stocklet mortgage. State (Maryland) loan2d mortgage, .sinking fund, coupon3d luortgage. siuking fund, couponConsolidated mortgage, gold, coupon

do do do registeredOonsol. mortgage, gold, s. fund, couii., $ or £.2d general mort., "A," cou|H>n

do '• B," coujion, convertibleXorllurn, y. //.—Stockiforthfrno/XewJerget/—Stock

Ist mortgage, newKortti^rn Paeijle—New preferred stock

Milesof

Road.

SO80377810010010014020022-1

1831H,53.50112

1,000

8i0840

132

i'32

60959

459459

i'3986139141I2143346262

' 62223223223102102102102585656

31713813813813813813813813882'a2121

550

Dateof

Bonds.

1870187118731869

18051872187118.5018601854186518691874

185318541853

1854

18731873

1876

187218011872

1847184918,5318571858186118631865187018741873

18641876

18731869

186358-'601869

'67-'68

18691869

1855186518681808'74-'75

18761876

1878

Size, or I

ParValue

$100&o.100 &c.1,0001,000100

100 &c.500 &o1,0001,0001,000

500 &c100 lfe(^

1,000jeioo*c

100500 &c.500 A-c.

1.0001,0001,000

1,0001,000100

1,0005050

1,000500 &c.500 &c

100100

1,0001,0001,0001,000

500 &c.100 &c.1,000*2001,0001.0001,000

1,000100

100 &c.100

1,0001,0001,0001001005005050

50050050

500 &c,500 &c,

"50

500 'ic,

500 &c,1,0001,0001,0001,0001,000100

AmountOutHtMidlug

100

$3,000,0001,500,0<H)910,000

2,120,0001,500,000300,000387,500

4,000,0002,04 1,0001,.".00,000

8!».S,.500

1,997,0006,250.0004,000,(K)0

89,428.3006,IJ3A9O0

74,500592,000102,000

2.391,0001,794,000

18,465,0009,733,3335,000,0007,000,0007,500,0001,530,000

10,500,000107,704

1,500,00078,000,0008,536,9102,483,0002,174,0004,852,0002,937,000709,500182,600

3,000,0004,457,714

12,076,00014,400,00010,000,0005,683,000928,000376,000

15,300,0002,000,0008,000,0003,000,000

76,000250,000837,000

3,000,0001,000,000210,000899,35088,000

820,000234,000

3,978,1.501.930,5001.500,0002,035,0005,842,0001,500,0001,490,0001,120,0002,599,000203,000

4,518,0003,000,0001,000,0003,068,4001,000,000

J

41,910,976

INTEREST OR DIVIDENDS.

Rate perCent.

I'-7g.71>467

8 or 7 g.88787g.

i«-66666776g.

7 or 6 g.44777g.

3>377777776g.7g.7g.7g."7'

75

6&77 g.2I2

667338

'4882 8.

6. 7

73666Cg.6g.« g.56

2-.30

26

WhenPayable

K. Y., Co.'s OIBce,do do

New York and IxindonIII default.

New Ixindon, OHIco.N.Y.,B'k of N.America

do doNew York, Co.'s Office.New York, Co.'s Office,

do dodo dodo doIn default.

I.,ondon, Baring Bros.N. Y., «r. Central Depot-

do dodo dodo dodo dodo dodo dodo do

I-iondon.

New York.N.Y., Gr. Central Depot

do dodo dodo do

Where Parable, and byWiiom.

/ton<<»—Prlnot-pal, wbeo One.moekt-UuADividend.

V. ic A.V. ti A.M. A 8.M. A N.Q.-J.

A. A O.J. A D.J. A J.J. A J.A. A O.M. A N.F. A A.F. A A.M. A N.Q.-J.M. A N.M. A N.M. A N.M. A N.J. A D..1. A D..1. A J.J. A ,T.

.T. a"j.J. A J.J. A J.M. A N.J. A J.A. A O.

J. a"J.M. A N.M. A S.M. A S.

A. A O.J. A D.J. A J.J. A D.M. A S.

M. A B.J. A D.Q.-J.

m.'a's.J. A J.J. A J.

J. A J.q.-j.

F. A A.M. A N.J. A J.M. A 8.

M. A 8.

M. A N.

M. AN.M. A S.

M. A 8.

F. A AJ. A JM. A N.J. A J.M. A N.

J. A J.A. A O.J. A JA. A O.J. A J.J. A J.J. A J.J. A D.

J. A J. J. aty, Hudson Co. B'k.

N. Y., Co.'s office.do dodo dodo dodo dodo dodo douo dodo doLoudon.

New York and I.rf>udon,

London.do

Boston.do

N.Y., Grand Ccn. Depot.

In default.N. Y., M. Morgan's Sons,

do dodo dodo do

Company Shops, N. C.do dodo do

Charleston.do

Philadelphia Office.do dodo dodo do

BaUluiore A Philadcl.Annapolis.

Baltimore, Ist Nat. Bk.dododo

I»ndon A Baltimore.Baltimore, 1st Nat. Bk.

do doBoston, Office.

18051881

March 1, 18*3Nov. 1, 1889Aiirll 1, 18786ent., 1885July, 1892

Jan. 1, 1915July 1, 1886Oct. 1,1890

Nov. '74, '70 '»lNov. 1, 1886Alay 1,1889May 1, 1904July 15,1878Mayl,188»May 1,1883May 1,188%May 1,1883Dec. 15, 1887June, 1885

Jan. 1, 1003Jan. 1, 1903

Jan. 1July 1,

July 1,

May,Jan. 1,

Oct.,Oet. 1,

Oct. 1,May 1Sept. 1Mar. 1Oct. 1,

June 1July 1Jan.,

Sei>t. 1

Sept. 1

Mar. 2.

Jan. 1

190618781878190018811902IHtS1873

, 1897, 18791883

, 18801883

, 18911893, 1875, 1920, 1894, 1903

1884 .

Jan., 1905July 1, 1878

1903July 1, 1804May 10, 1878Aug. 1, 18781878 A 1881July 1, 1899Mar. 15-1878Mar. 15, 1878Nov., 1888

May, 1875Sept. 1, 1899Sept. 1, 1899Aug. 26, 1878Jan. 1, 1885May 1, 1896

1903April 1, 1876Irredeemable.July, 1883April, 1900July, 1900July. 1900

July 1, 1904Jan. 1, 1926Jan. 1, 1926June 1, 1878

1876(t)

Xeiv .Jtrtt y Midland.—Defaulted after the panic ofISTS and funded coupons. The bondholders fundedcoupons, but default was again made, and receiverappointed. (V.iS, p. 114,8.37,303; V.i6, p.l 4a,«90.)

New .Jtney it Xem Fori.—Consolidation of thellackensack A N. Y. and llackensack Extension.The old bonds are about $J0O,OO). Ilackonsaskbranch noric d for s lie May W, 187*. (V. *«, p. 136,158, 811. «3. 311: V. 45, p. 253.1

3s ^c Jersiy .'to^S't'n.-Foreclosure pending. Therewere also f :iO,OM bonds on Tom < Riv r lir., and$1,0 10,00;) iA m )rt , aid $i.3JU,i)0 ) consi'. mori. Netearnings, Igrs, $10.),i76. (V. «5, p.511, 59-.!.)

Nevo London Xorlhern.—rtpar&lei under lease till

1891 by Vermont Central for i\:iO,iWS a year; in-come of Co.. in lii7t)-7. t21i,.S!t. Net earnings oflold, $187,3U. (V. 23, p. .lOJ.)

New Orleans. Ifo'iUe <6 Texxs.—Tbe Western Di-sion was sold Nov. 18, 1874, and the East. Div. la

opwated by the mort. trastces. Int. in default since18T2. Gross earnings. 1877, $;30,010; net. $390,6i6;and less extraordinary expenses, tliS.tSO. (V. 2-3.

p. 3T9; V. »», p. 370; V. 2t), p. 34 I, 39.', 575.)

.V. O. St. L. <t CXic.—Operated as aconnectlnj linewith I'.linoisCcnt. Receiver appointed Mar.. '76, andJackson roid was sold Mar. 17. 1877, for $ .O5D,0Oi). inforeclosure of consol. mort. by III. Cent. Kit. Mis^i.

Central was sold under consolidated mort-ga^ August S3, 1S71. (V. 25, p. 21J, .308, 433, 458,53!.)

jV. Y., Boi. <6 ,Von(rea/.—Proposed consolidationof several roads from N. Y, to Kntlanii. Foreclosurepending. (V. 2 J, p. 447, 471,545, 568, ei:; V. 2.3. p. 160;v. 25, p. 5!12.)

Xeio York <t Ca /at/a. -The bonds are guaranteedby the Delaware & Iludsou Canal Co. Koad openedthrough Oct., 1875. (V. H, p 180; V. 35, p. 61 5.)

New York Central * Hudxon River.—Tbe mort-gage loan for $40,'i00.00a ivas to retire prior debt,ana the balance for third and fourth track, Ac.The Harlem Kit. was leased April, 1873; The follow-ingtia a comparison of earnings, Ac, for five yea-srj

Gross Net Funded Cost of r'd

Receipts. Receipts. Debt. A equip't.1876-7. t»,57.'1.08) $ll,63i,984 $40,3:35,415 $99,142,4081875 8. ,'8,04'i,588 11,93^,417 40,401,263 97,8-.'3,811

I8T4-5. 1.9,1)27,218 11.765.111 40,003,667 96,3.55.774

\8n-i. 31,690,:«6 1:3,262,089 38,(81,74! 92,,50«,.508

18T2-3. 29,128,851 11.484.883 27,725.533 78.014,9.54

(V. J8, p. 41, 591; V. '£i, p. 333. 598; V. 24, p. 542;

V. 25. p. 6 40: V. '36. p 315, 57) I

AT. Y. Citu £.'CT.-i<e(/._Secariiies ndiu'tted to N.Y. Stock Board .Ian., 1877. Bonds are p lyaiile after1897 at 105. A flrst mortgage of 1872 was cancelled.(V. 24, p. 41; V. 26. p 653.)New York A Harlem.—Leafed to N. Y. Central

at 8 percent per annum (payable J. & J.) on stock,and interest on bonds. The Fourth avenne horserailroad and real estate was retained, and an extradividend made in .^pril is fro-n protits of this line.

Ne*tJ York. HotiAatonic tft Northern.—Foreclosurependine. (V. 21, p. 049; V. 23, p. 549.)

*. Y. Lake Erie <t West. ( »-ie).—Foreclosureof the Erie Railway took place April 24, 187,<

under the second consolidated mortgage, andthe road was purchased by E. D Morgan, ,J.

Lowber Welsh and David A. Wells for $6..p00,000.

on behalf of the London committee, and re-or-

fanized as "New York Lake Etc A Western."he following comparison is for the years ending

Sept. 30. 1'ho net result in 1876-7 was a nominaldeficit of $l,:i01,OS4, after charging off full intereston the debr. and rentals, Ac, : a similar deficit of

$1,239,610 in 1875 6, and $1,653,166 in 1674-5

Gross Net Interest,

Earninfis. Inoome. BentalB, Ac.I87R-7... ... $14,r«l8,889 $4,6;}6.717 $5,9W,8011875-6. ..• ... 15,852,461 4,808,663 5,838.1941874-5... ... 16,876,858 4,«»8,615 6,851.781

(V. '38, p. 9», in. 194, 285, 290, 815. 842, 337, 8*1, 419,

414, 461, 415, 575, 600, 625; V. 27. p. 40 )

.V. r. dk N. England.-i-onnarW Bost. Hartf. A K.

Conveyed to the new company in July. 1876. NetIncome, 1876-7, $28C.85.'. (V. 25, p. 590; V. Si, p.

67, 415.)

New York, New Hcnen <k Barlford. Net Income

1S76-". above Inten-st charges. $1,601,683. (V. 24, p.6 J; V. 25, p. «40; V. 28. p. 290.)New York <fc Oiwego -»/i</fein</.—Foreclosure sale

postponed indeflniiely. Receivers' certificates havebeen Issued to a large aroonut. There arealso $4,000,000 2d mortgise bonds, $3,800,000 3dmortgage cquipin n'. and $l.''0l,O0ij consolidatedmoitgago. (V. 2), p. 4:1, 543; V. 25, p. 61 i : V. 36,p. -29 ..)

New York, Pronldence d: So»ton.—Annual reportfor fiscal year ending Sept. 1, 1877, showed net earn-ings $3'8.9J7. leaving a balance of $8i,651 cardedto new account, against $li.3,.536 brought forwardin 1876. (V. J3, p. «;i; V. 25, p. 591.)North Carolina.— Jj':'.seil September, 1871. to Rich-

mond & Danville Railro.ad at $361,000 per annam.In March, 1375, the gauge was changed. Dividend*of 6 p. c. are paid on stock, of which the State of No.Car. holds $3,000.00). (V. 21. p. 39 »; V. 54, p. 565.)

Northeastern, S. C—Gross earnings in 1876-7,*:i2J.07; : net. $128,034. (Reports V. 24, p. 88, andV. 2.5. p. 617.)North Pennsylvania.—Gross receipts in year 1878-7.

$1.483.7.5; net, $562,016. (V. 22, p. 134; V. »1,p. 62.)Northern Central.—T'ac annnal report for 1871

shows gross cam'gs, $t,«70,387; expenses. $2,;4S,9<4:net, $l,S14,4!i2. The total net Income in 1277 was$1,515,017; $1,518,341 was paid for interest andrentals, leaving a balance of $61,7l5. Under thegeneral mortga.-o of 1ST*: $!,fi00,O,i0 more may beissned, as sencs "O." (V. '32, p. aa7; V. 24, p. 8«S,421. 4S«; V. 28. p. 314.)Northern N. Hampshire.—yet Income fiscal year

1877-8 was $117,13 1. (V. 2.1, P. 64 I ; V. 46. p. 5 («.)Northern qf N. J«r»<!y.— Operated by Erie under

lease. Gross earnings in 1877 were $233,438. <V.26. p 600.)

Northern Pae[fic.—9o\A Aug. 12, 1975, for $103,000.and prcf. stock issned to bondholders at tl:e rateof $l,430'for each $1,1100 bond. This stock is er-changeable for land at its par value. <:ommon «t6ccissued W $18.^55,500. (V. 25, p. 807, 478^ 619; V. tiL

p. 18, 4», 540.)

XXTi RAILROAD STOCKS AND BOND-. fvoi-. xxvrr.

Subscribers fvlll confer a great favor by glvinx Imiuedlate notice of any error dlncovereil In tlieae Tables.

DESCRIPTION.

For explanation of column headings, &c., see notesat the head of first page of tables.

Nannch <t Tforwrter—StockNew bonds, coupon

Ogdensburg <i Lake ChatnplaiH—StodPreferred stockEquipment hondsBinklng fund bonds—Mortgage bonds for $600,000 (sinking fund)

Chio <* Mississippi—Stock, commonPreferred st«ck (7 p. c. yearly, cumulative)Income and fundctf debt bondsiBt consolidated niort. ($3,478,000 are s. f.)

Consolidated mortgage, sterling2d consolidated sinking fund mortgageDebenture sinking fund bonds (for $1,000,000) . .

.

(Spring. Div. (8p.& 111. SE.) IstM. (for $3,000,000).out Coiony—StockBondsBondsBondsBondsBondsBoud«

Omaha <f jyor(Aw.—Land gr gold bds (for $640,000)Orange rf Newark~lst mortgageOrtgon dc Oalifomia^lat mortgageOtuctgo <£• itome—let mortgage guaranteedIncome mortgage bonds

Oswego A «i/racuse—Stock, 9 per cent guarMortgage bondsConsol. mortgage (guar. D. L. iSt W.)

PodncaA di ElizabethtoKn—Ist mortgage.2d mortgage. Income

Panama—StockGeneral mortgage, sterling, (£1,000,000)

Paris <e Danville.—iHt mortgage, gold, sinking fundParis <i Decatur, (Ills.)—1st mort.,g'd, sink, f'd

Pekin, Lincoln <t Decadfr—1st mortgagePennsylvania—Stock1st mortgageGen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.State lien (pay'ble in aimual inst'lm'ts of $460,000)Consol. M., coup. J. & D., & reg. Q.—M. (s. f. 1 p. c.)

Navy Yard bonds, regCar TTOst bonds (sinking fund 10 per cent)

Pennsylvania Co.—Common stockPreferred stock1st mortgage, s. f., (held by Pennsylvania RR.)Reg. bds (for $3,200,000) sec. by P.F.W.cfeC.sp.st'k

Pennsylvania di Delaware—let mortgage2d mortgage

Pennsylvania di New I'orfc—Ist mort., guarIst mortgage, guaranteed

Peoria <e Iiureau\ l'a//ei/—StockPeoria, Pekin <f Jacksonville— 1st mortgage2d mortgage

Perkionten—1st mortgageConsol. mort., gold, guar. P. & R., (sink, fund)

Petersburg—StockIst mort. bonds (payable $25,000 yearly) ,

2d mortgagePhiladelphia <£ Halt. Central—1st mort. (Pa)2d mortgage (Pa.)let mortgage (Md.)

Philadelphia <t i'ric-Stock, commonPreferred stockIstmort., Sunbary&E. (extended 20 years in '77)

1st mortgage (,$3,000,000 are sterling)2d mortgage2d mort., gold (for $20,000,000), guar by Pa. R.

.

Philadelphia ct Jfecu^mff—Stock, commonPreferred stockMortgage loans inconvertibleIxian mortgage, convertibledo • do sterlingdo do do

Ix)an mortgage, sterling. (Extended in 1877.) .

.

Loan debentureLoan mortgage

Milesof

Road.

Dateof

Bonds.

66122122

118393393148393393393

228269

409

20028>fl

"35

35

18618647471037567

1669355

39391051054683833838828282363610

287

"40287287287

779779779779779

779

1877

186918701877

186218681868187118731874

1871186018741875187618771871

187018651866

58&64187618771877

1867187318721871

1870

187318751877

187718771873187318061866

1864187018671873

185918691866

1857186118681869

1843-9185718361843186718681868

Size, orPar

Value.

AmountOutstanding

$1001,000100100

1,0001,000

ioo100

1,0001,000£2001,0001,0001,000100

500 Ac.

I'.OOO

1,000

1,0001,000

50500 &c,1,0001,0001,000100

£2001,000500

1,00050

1,0001,000

I'.OOO

5050

1,0001,000

1,0001,000100

!>00 &c1,000100

1,000100

100 Ac.100 &e100 &c,

5050

1,0001,0001,0001,000

5050

1,0001,000£100£5001.000

100 &c1,000

Rate perCent.

$2,604,400400,000

3,077,0002,000,000154,000392,000446,000

20,000,0004,030,000174,000

6,545,850112,000

3,864,000140,000

1,915,0006,733,800390,000150,000

1,692,000500,000

1,100,0001,450,000

(»)

546,00010,9.50,000

350,000200,000

1,320,400124,000338,000216,000

1,200,0007,000,0003,905,0002,500,0001,200,0001,076,000

68,870,2004,970,00019,999,7604,572.110

29,250,0001,000,0003,000,0003,000,0008,000,0007,000,0001..500,0001,083,000519,000

1,500,0001,.500,0001,200,0001,000,0001,000,000621,000

1,200,0001,324,200500,000300,000800.000400,000300,000

6,053,7002,400,00097(>,000

5,000,0003,000,0008,680,000

32,726.3751,551,8001,510,500

79,000182,400967,200134,400

1,135,3002,700,000

INTEREST OR DIVIDENDS.

WhenPayable

5624886

77

V-763767666

7.30 g.67g.774I3

77873

?«•

?«•

lis665666g.

"3'

6677774776

88776

"4'

76&6g.

76g.2I33I3

66

V67

Where Payable, and byWhom.

J. & 3.M. & 8.

J. & J.A. & O.J. & J.M. & 8.

J. & J.

M.'&'S.A. & O.J. & J.J. & J.A. <t O.M. & N.

1stJ. & J.VariousA. & O.M. & S.

J. & D.M. & B.F. & A.J. & JM. & N.A. A O.M. A NF. A A.F. A A.M. A NM. A S.

F. A AApril.Q.-J.

A. A OJ. A J.J. A J.F. A AQ.-F.

J. A JQ.-J.

A. A O.Q.-M

J. A J.

A. A O.F. A A.

f."a"a.A. & O.J. A 1>.

J. A D.F. A A.J. A J.A. A O.A. A O.J. A I).

J. A J.

I. A J.

J. a' J.

J. A J.,1. A J.

J. A J.

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

J. A J,J. & J.

.T. A J.

J. A J.T. A J.

J. A J,

A. A O,

New England Trust Co.Boston, N. E. Trust Co.

Boston, OlHce.dodododo

Konds—Princi •

pal. When Due.iS(ocfc«—LastDividend.

July 6, 1878March 1, 1897July 10, 1876Apr. 1, 187SJan., 1879Mar., 1890

1897

New York, OfBce.do dodo do

London.New York, Office.do do

coup, due Nov^ '77Boston, Olflce.

dodododododo

N. Y., Kountze Bros.Newark, Oflice.Frankfort O. M.

N.Y.,Farmer8' L.AT.Co,do do

N. Y., Del., L. A W. BR,do dodo do

N.Y., Treasurer's Officedo doNew York, Office.

London.New York, Office.

New York and LondonN. Y.,T. W. AW. RR.Philadelphia, Office.

do doPhiladelphia & London,

Philadelphia.Philadelpliia A London,Philadelphia, Office.

Pittsburgh, Co. 's OfficePhiladelphia.

Philadelphia, Office.do do

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

N. Y., Chic, R. I. A Pac,N. Y., Imp. A Trad. B'k

do doPliila., 227 8. 4th st.

do do

N.Y., Lancaster, B.ACo.do do

Philadelphia, Office.do dodo do

Philadelphia, Pa. RR.do do

Phila., Pa. Life A T. Codo do

Phila<ielphia A Loudon.Phiii«lolphi«, Office.

do dodo dodo do

London.dodo

Philadelphia, Office.do do

Mar. 1, 1875April.l, 1882Jan. 1, 1898Jan. 1, 1898April, 1911

May 1, 1883Nov. 1, 1905July 1, 1878

1881Oct. 1, 1880March, 1894Jime 1, 1895Sept. 1, 1896Aug. 1, 1897Jan., 1901

Apriri,"l890May, 1915Feb., 1891Feb., 1878

1880 A 1885190T

Feb. 1, 1897Feb. 1, 1897Aug. 1, 1878

Oct. 10.1884-97Jan. 1, 1903July 1, 1892

Feb., 1900May 29, 1877

Jan.. 18801910

Annually.June 15, 1905

1881

Oct., 1873

July 1. 1903July 1, 1903June 1, 1896June, 1906

Feb., 1878.Inly 1, 1894Oct. 1, 190OApr. 1, 1897June 1, 1913Jan., 1872

Jan., 1879-'9S1902

Jan., 1879Jan., 1900Oct., 1891

Oct. 1, 1897March 31, 1881July 1, 1888July, 1920Jan. 25, 1876July 25, 1876July, 1880July. 1886,nily, 1880July. 1880

July 1, 1882July 1, 1893Oct. 1, 1893

Norwich <fe Worcester.—Leased February, 1369. toBoston, Hartford & Erie for 100 years at ItJ percentper annum on cost, llividends paid of 10 per centperannum. Gross receipts in 1876-7, t71",01'i; net,

$264,795. (V. Jl, p. 590; V. 23, p. 548.)Ogdenslrurg dk Like (7Aamptom.—Leased in March,

1870, to Vermont Central, but lease failed and prop-erty reverted to owners Aprit, 1S77. Gross earn-ings, 187:-'3, 1598,262; nettamlngs, t853,li'«. (V. 25,

p. 39, J37, 48:1; V. 27, p. 1 4.)

Ohio <fc Mist^issippi.—There are also $97,000 of oldlet mortgage 78, W. Div., yet out. 'fhe companypurchased the Springfield Ruad, March, 1875, for

82,000,000 m bonds secured on that road. Nov. 17,

1876, receivers were appointed, and afterwards Mr.King was made gole receiver. Keceivur's last re-

port in V. if, p- 214. Interest or. Ist moitgaseIs paid about six months after it cornea due. (V.a6,>p. 135, IW, 214, 265, 8ti8, 392, 496, 623, i25; V.27, p. 42.)

Old Colony.—'Set income over operating ex-

penses and interest, $407,435 in 18rii-7, ajamst$406,635 in 1875-ti. (V.23,p.86, fiUU; V.25, p. 48^.)Omaha A Northwest.—Some bonds and coupons

exchanged for lands. Road to be sold in foreclosure

Sept. 3. (V. 82, p. 79; V. 23, p. 176; V. 27, p 42.)

Oregon <t California—Alter default in 1S73, propo-tition offered by Ben. Ilolladay, I'reet. Gross earn-ings 1816, $576,791 ; net, $2i0,090. In 1876 2 percent was paid ou bonds. (V. S4, p. 421 ; V. 26. p. 3>8.)

Otwego A .Bonw—Operated by the Rome, Water-own A Ogdensbnrg at 8 per cent on $300,000 stock,

and Interest on first mortgage bonds.

Onoego A Syracuse.—Lenaed to Del. lAck. A West.tor Interest on bonds and 9 per cent on stock.

Paducah A Blizabeth'own.—Thin road organizedafter sale of Louisville Paducah A S. W.; has bondsoatetanding as abov«. Net earnings 1877-8, $58,067.

<V.26, p. 6T3.)AiKWiA-Last statement, V. W, p. 841. (V. X,

]>.S17, 841 625, t;6:).)

Paris <£ Danville.—Ot these bonds, $4.i0,000 weregiven for co»l mines at Danville, which are covered(1,230 acres) by the mortgage. To be sold July 10,

1878. (V. 2ti, p. 592.)

Paris A Z)«i<«c.—Consolidation. Now IllinoisMidland. (V. 19, p. ail; V. 21, p. 613.)

Pekin, Lincoln A Decatur.—L''ased to Toledo,Wabash A Western. Sold in foreclosure June 10,

1376, and reorganized. In 1876-7 net earnings weret64,14i. (V. 22, p. 247; V. 23, p. 100; V. 26, p. 290.)

Ptnns)tvarUa.—TYie report for 1877 is given in V. 26,

p. 238, and shows surplus net inc ime of fl.OJO.-3!)8 after paying all possible charges and 3^ percent dividends. In 1874, by the report of theInvestigating Committee, the liability as a guarantorof principal and interest was on t:).'i,9S3,600 bonds;annual liability additional, on guarantees of interestor rentals, $13,862,31f, and probably there has beenno great change since. A scheme to buy up thecompany's gtiaranteed securities with $100 (WO permonth from earnings, and issue a 4 per cent scrip tostockholders for th,- cash so used, was adopted bystockholders on March 26, 1878. The following is astatement for two years on all lines east of Pitts-burgh:

Gross NetEarnings. Earnings.

1877 $31,117,146 $10,134,4171876 36,b91,060 12,834,365

(V. 25, p. 138. 836, 849. 374. 882, 433. 531; V. 26, p. 18,

95, 166, 217, 338, a«S, 277, 815, 420, 549; V. 27, p.42)

Pennsylvania Company.—Tbe Pennsylvania Com-pany is a corporation distinct from the Penn. Rail-road, and operates all tha leased Imes west of Pitts-burg. The stock is owned by the Penn. Railroad.In 1877 the net income over rentals, interest, Ac,was $I6S.0<)5, and advances to railroads charged off$)I54,!>25. The registered bonds are secured by de-posit of $),OOJ,oaOof Pitts., Fort Wayne 4 Chicagospecial stock, (V. 25, p. 241.)

Peimsylvanla A Delaware,—The lease of this roadto the Pennsylvania Railroad was ratified in 1874.Previously operated under temporary lease.

Pennsylvani'i A New York.—Operated in closeconnection with the Lehigh Valley. Net earnings1875-6, $6J8,10fl. Dividend of 10 per cent paid onpreferred stock of $3,500,000; common stock is

$1,061,700.. (V.24, p. 110.)Peoria A Bureau VoZ^^.—Leased perpetually to

Chicago, Rock Island & Paciflc at $125,0*0 per year.

Peoria Pekm A JacksonvU'e.—la year ending June30, 1877, there was a deficit in earnings of $2,518.Receiver appointed Apr'l, 1878.

Perkiomen.'--lte&9ed to Philadelphia & Reading.Int. on consol. moitg., paid one-half in scrip of P.A R. Company.i%ter«6Kn7.—Receiver appointed. May, 1877. (V.

86, p. 41, 5J3, 655.)

Philadelphia A Baltimore Cen'raL—Opontei forsome time past in Pennsylvania by tmstces of first

mortgage bondholders. Phil., Wil. A Bait, largelyinterested. (V. 23, p. .'S36.)

Philadelphia A .Erie.—Leased February, 18B2. for999 years to Penn. Railroad, but without any guar-ante* of bonds. Gross earnings. 1377, $3, 172,992 ;ne>, earnings, $1,12^.365. Net deficit after payinginterest, Ac, $281,185. (V. 22, p. 3U6; V. 84, p.136, 248; V. 26, p. 166. 341 )

PhUadeiphia A Reading.—The report for 1876-7, is

given at length in V. 26, p. 65. President Gowcnreviews the year 1877. and gives the facts bearingupon the Company's financial condition and pros-pects. The trustees of the general mortgage holdthe mortgage of the Coal A Iron Company. InMarch, 187?, propositions were made and accepted,by which holders of general inorti;Hge bonds andPerkiomcn guaranteed bonds receive one-half theircoapoas, for thtee years. In five-year 6 per centscrip; and holders of convertible and debenturebonds take 6 per cent scrip in payment of thoi rcoupons for five years. The scrip is conr ertible

3VLY 37, 1S78.] RAILROAD STOCKS AND BONDS. xstH

ubacrlbera will eonftr craat fkror bjr kItIos Immediate notice ol any error 4leeoTere4 la theee Takle*.

Amdt-Piteel-psl, Vben Dne.

IMTldenO.

l)F»<l{ll"nON.

For explaniitioii of coliiiiiii Iii'uiIIiikh, Ac, see note*ut tliti lii-ml <if tlrxt i>HK» or tutilev.

PhiUutrliihiii tf Rtailinglit."

(VnnliHXitdi--'Joniiolfdatril iiiort., (foliar louii.couiioii or reg

(to do gold, $ or i, coupdo (lo dollar loan, e<>lil.(M>iip. or reg

Dehciitun' loan ((•onv(<rtll>l(' 1,S7(!-".I2), ooHpJmprovcurt iiiort., ifor J!, siiik'g fi'ud. coup<*«)ii. luorl.. * and £ («liik. fund I i). c. yearly)—:nconic inort»{aK(t (for *10,(KK).OO0)JJdIicntiirc and ginir. bonds, (! p(^rc(nt our'cy dcrip(Jen. niort. and I'crkloinen iicr cent Ht«r'g sorlp

'.Vvil A Iron Co., guar, niort. (for $30,000,000). .

do (l(d>cntur(>s, gnarantcddPhiUulrluliiii it TrenluH—StockFKUailetjihiii, (iermaiilomk li Aforrw/oiMi—Stock...yhiUulrlphin. n'itminylon ,t Baitiinore—Stocklot mortgage, convertible}*Jaiii b(»iidM, loan «

do do i

<lo doPUub. it Coniiell»irille..—l»t mortgagelot do Turtle Creek division

'Jousol. un)rt., guar. B. A O. (s. f. £7,^00 pr. yr.).

putt., O. <t SI. A,.— Ist m., cons. (for$10,000,000) ....

2d uiort gage ,-••:•

an niort >:iigc, 8t(Mib»^uvnie i I«d., reorganized..Ool. Ar Newark Division bonds

PUUburg, }'(. W'tiyiie <* CA i«i^o—Stock, guarflpe<'lal Imiirovcnient stock, guaranteedIM niortgag(! (serkis A)Jstl«tiBt]«t1st2d2(1

2d8d2d2d8d

dodododododododododododo

do Udo V.

do udo Kdo Vdo »do Hdo I

do Kdo I.

do M

Bonds all cou-pon, but maybe made paya-ble to order.

PlttKbnrg, Ft. Wayne & Chic, construction bondsEqidpnicnt bonds (renewed)

PUUb. TituKrille ,1 Iluff.~Ut mort. (W. & F.KR.)..iBt mortgage (Oil (Trcek RB.)let mortgage (Un. & Titusville RR.)New mortgage (Pitts. T. i B.)Ftuiding income bonds (P. T. & B.)

PUttb., Va. di CharleJitoH— 1st mortgage goldPortland if Of/deii»b.—lat mort., E. D., goldNew mortgage (for ifl3,300,000)

let mortgage, Vermont Div., goldPortl. <£• A'(«'/i«(er—l9t niort., s. f. (Portl. loan) "A".let mortgage, equal Hen2d do (Portland loan) sinking fund, "B"

TifrUantl. Stteo tC Portsmouth—Stock; St mort gage, gold

Po.-l Royal (S. C'.)—Ist mortgage, convertible, goldPo-ttmouth, lit. FalUit Conitay—StockB3n(ls (nut mort.) gtuirantced by Eastern RR

Protidence iC- Worctsiet—StockFirst mortgage bondsNew bonds

lUUeigh dt liitnton—X^t mortgageStadmg dt Columbia—lat mortga

S!d nwrtgage, coiiiionReadiny a //«Aif/A— 1st mortgage (Berks Co. RR.)..SeiutelOfr J- .Saratoga—Stock1st mortgage, consolidated (for $2,000,000)

Sichmnnd if />aiin7/«—StockState Hi Ilk log fund loanBonds, gitaraitteed Ity State.1(1 mortgutfe, consolidated, coupon or registeredNew general mort., gold (for !?6,(X)0,000)Jledmont branch, 1st mortgageNorthwestern, N. (!., 1st mort., gimr. .

Rieh'd, titderickttturg it Potomac—Boni», ster]>ollar loan'Coupon bonds of 1881

[ mortgage, couimu.

Milesol

Rood.

770770779

745750

2634

14910

14920020011733

468468468468468468468468468468468468468468468

503825

1203090

80521a52 "a

521a5252

111%71716744

"97393941

18179199

"id

1424929

Dateof

Bonds

1871187118711873187318741876187718771872-41872

185818671872-41875186818.5918761868187318641861

187118621862180218621862186218621862186218621863186218621837187418651802187018761876

1870187118711867-918701871

18761869

1872

18701877187318621864

1871

18671874

1873

Site, orPar

Value.

AnmiintOutstanding

$1,0001.000l.OOO1.0001,0001,0001,00010 Ac.90 Ac.1,000

ioo50,50

5001,0001,0001,0001.000

100 Ac.£2001,0001,0<M)1,0001,000100100

500 Ac,.500 Ac,.500 Ac.500 Ac,500 Ac.500 Ac500 Ac.500 Ac500 Ac.500 Ac.500 Ac500 Ac500 Ac,1,0001.0001.0001.000

.500 Ac,IOO Ac,100 Ac,1.000

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

100

I'.ooio

100500 Ac.

1001,»00

100 Ac.1,000

ioo1,000100

1,000

$10,649,0006,999.000968.000

10.499,9009,364,000

19.686.0001 ,803.0002,820,0001.708.000

13,036,5001.731,0001,259,1002.231.900

11,.561,250265,000

1 ,000.000700.000800.000

4,000.00032(1,600

6,500,0006,222.0002.500.0003,000.000775,000

19,714,2855,669,327875,000875.000875.000875,000875.000875,000860.000860,000860,0008t!0.000860,000860,000

2,000,000100.000

1,000,0001,.500,000580,000500,000

1,155,000315,933

1,583,000800,000

1,.577,9602,300,000700,000350,000450,000

1,300,000500,000

2,.500,00O770,000486,000

2,000,000500,0006.50,000658,0006,50,000350,000

1„500,0007,000,0001,925,0004,000,000508,486124.200

1.767.5001,472,000500,000500,00067,778

299.917450.000

INTEREST OR DIVIDEHUfl.

Rate per When Where Payable, and byCent. Payable Whom,

7««•

V-««•

667721a346666

6««•

7671%1%

7g.6g.6g.%'763

I'-6266

J. A D.J. A D.J. A D.J. A J.A. A O.J. A J.J. A V.J. A J.J. A J.VariousM. A S.

Q.-J.CJ.-M.J. A J.J. A J.A. A O.A. A O.A. A O.J. A J.F. A A.J. A J.F. A A.A. A O.M'nthlyJ. A J.

l.-J.

J.'A j.F. A A.M. A S.A. A O.M. A N.J. A D..1. A J.F. A A.M. A S.A. A O.M. A N.J. A D.A. A O.J. A J.M. A 8.

F. A A.A. A O.J. A J.F. A A.F. A A.A. A O.J. A J.M. A N.M. A N.J. A J.A. A O.VariousJ. A J

M.A NJ. A J.J. A DJ. A J.J. A J.

M.A SJ. A D.

J. A JM.A N.

Philadelphia, Office.Philadelphia A Ixmdon.Philadelphia, Office.

do (loPhiladelphia or l.ondonLondon A Phlladeluhlu.Philadelphia, Office.

do (lo

l/oudon A Philadelplda.do do

Philadelphia. Office.Ptiiladeiphia. Office.

Phil.'i., Treasurer of Co.Philadelphia A Boston.

do dodo do

Phirdclphia.Co.'s Officedo do

Bait., Bait. A Ohio RR.Pittsb., First Nat. BankLoudon, J.S.MorganACoPhila., Pa. BK. OtHcc.

do doN. Y. Agciit, 57 B'way.Phlla., Pa. RR. Office.N. Y., WInslow, L. A Co.

dodododododododododododododododo

dodododododododododododododododo

Philadelphia, Office,do dodo dodo dodo doPhiladelphia.

Boston, First Nat. Bankdo do

New York and Boston.Boston, Columbian B'k.

do dodo do

Boston, Office.do do

Newr York and I/ondon.Best., Eastern RR. Co.

do doProvidence, Office.

do dodo do

N. Y., Union Nat. Bank.Columbia, First Nat.B'k

N. Y., Nat. B'k f;om'rce.N.Y., Del.A H.Canal Co.

BlcUmonii, Office.do

N.Y.. City Nat. Bank.do do

G J A J6 J. A J.

M. A N.6g.8

,....

6-70 lA. A O. New York or Richmond6 g. i.r. A J. London.

6A7IVarious! Richmond, Office.

8 iJ. A J.; do

Jane, 1911Jime, 1911Jimo, 1911

Jan. 1, 1893Oct. 1, 1807July 1, 1908Dec. 1, 189i;July, 1882July, 18821892 to '94

1892July 9, 1878June 3, 1878July 2, 1878July, 1884April, 1887

Oct. 1, 1892April 1, 1900July, 1898

Aug. 1, 1882Jan. 1, 1926Aug. 1, 1900April 1, 1913May, 1884Jan., 1390

July 2, 1878July 1, 1878July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912July 1, 1912Jan. 1, 1887Hch. 1, 1884Feb. 1, 189fiApr. I, 1882July 1, 1890Feb. 1, 1896Feb. 1, 1896April 1, 1902Jan., 1900Nov., 1901May, 1891

July 1, 1887Oct. 1, 1887Sept. 1, 1891July 10, 1878

Nov. 'l,"l889July 15, 1873Dec. 1, 1892July 1, 1878July 1, 1880

1897Jan., 1898Mch. 1, 1838June, 1884Nov., 1902

J'lly 1, 1878Nov., 1921

1880Jan. 1, 18751878 to '90

1888

18751875

1381-0«

into income mortgage bonds. (See V. 24, p. 299.)' A eomparieou of statistics for three years is asfollows

:

1874-5. 1875-«. 187(^-7.

grocteaminga.. . $12,660,927 $1^237,511 $1^,149.910p. expenses 8,130.159 8,510,350 7.'I51,693

Neteambigs $4,530,7t« $3,717,161 $4,391,217

(V. 85. p. 592, 641; V. 26, p. 65, 84. 166,8:7,816,mt, 445, 496, 57.'), 053.)

PhUad4li>Ma * TVeiton.—Leased to PennsylvaniaBaiiriHul with United New Jersey companies at 10l>ci cent on stock.

PhUide'phia, Otrmantoten <t .VorrUtotun.—Leasedfor 999 jears to Phdsdolpbia S, Reading at 12 perccKt. on stock.

Pk»ladt'phia, WUmlnglon it Bal/imore.-T^et eam-ingfr, year ending Oct. 31. 18Tr. $ 1 . 1

1 3, 42«, leaving atorpius Income of $98.''ll above payment of all

charges and 8 per cent dividends. Last annualreport in V . 2«, p. 1 1 . (V. 25, p. 183.)

Pltttburgi: ConruUiulUe.—On Jan. 1. 1876. a trans-fer was made by city of Baltimore to Baltimore AOhio Railroad for $1,900,000, and the conHolidatedmortgage made for £2,200,000, and gnar.tnteed byB. A 0. Gross earnings 1876-7, »1,388,4'J4; net$406,418. (V. 24, p. 135.)

ntttburg, andnnatl <t St. jtoub.—This companyleases several roads and Is Itself controlled by thePennsylvania Co., which holds a majority of thecapital stock. Common stock, $2,508,000; Ist pref.,

$2^,600; M pref., $3,000,000. Gross earnings in18(7 of road proper $3,097,96J; net, $1,075,049; ear-plus over Interest, Ac,. $S0i,141. Loss on leaecdlines, Ac, $43:i,926. (V. 85, p. 619; V. 26, p. 200,415,496, 523.)

ruUburg, Fort Wavn* A CMeago.—Thia toad

was leased July, 1869. for 999 years, to Pennsyl'vania Railroad, at a rental equivalent to interest,sinking fund of debt, and 7 per cent on $1<),714,886stock, whirh was increased at that time from$11,6()0^000. The leise was transferred subsequentlyto the Pennsylvania Company. The lessees to keepthe road in repair, and also pay taxes, expenses,etc. Pittsburg, Fort Wayne A Chicago leases theNewcastle A Beaver Valley and the Lawrence, roads;which in tnrn are leased again by Pennsylvania Coin-winy. New stock of $5,RtU,:i27, is.sued to Penn.Railroad for improvements. Ac. is under article 16of lease. Net earnings, 1877. $'i.95«.148; proflt tolessee. $151,022. Sinking fund fc: o^i.d; amounts to$4,157,735. (V. 22, p. S8«; V. 24, p. 5ltt; V. !6.

p. S-i3.)

Pitlibitrgh TiliuciUf <f Bif/Taio.—This was the OilCreek A Allegheny River road. Sold in foreclosureand re-organized Dec. 29. 1875. (V 21. p. 40, 502; V.28, p. 16, 135, 279, 899; V. 25, p. 39.)

PUMurg Ylrglrda ct Charkston.—Ot these bondsthe Pennsylvania Railroad owns $500,000. Net earn-ings, 1877, $34,610.

Portland it 0gdfn9burg.—'r\M two rtl»l«ion» wereconsolidated March, 1875, as one company. InMarch, 1876, Company passed the Interest onIts bonds, and funding proposals were offered. Re-ceiver appointed October, 1877. and foreclosure suitis pemling. Report of committee and plan of re-organization, V. !K, D. 575. (V. 25, p. 138, 298, 3;i5,

408, 53:), 592; V. 86, p. 41, 81, 94, 575.) •

Portland <* 7?<x;AM^«r—Interest in default, andreceiver appointed In Jnmiary, 1877. The reportfor year ending AugiL-it 31, 1877. shows gross earn-ings, $1.33,896; expenses. $111,830. (Y. 28, p. 354,

877; V. 24, p. 170; V. 25. p. 333.)

Portland, Saeo <8 Porttmouth—Leased March 18,

1871, to Eastern Mass. Railroad for 99 years at 10per cent per annum; modified Dec, 1875, to 8 pot

cent for two years. (V. SI, p. 372, 434, 582; V. 88. i>.

563; V. 24, p. 445, 5VJ.)

Port Roual.—The Georgia Railroad guarantees$500,000 of these bonds; sale In foreclosure wasmade June 6, 18;8, to Union Tnist Co. f r $.500,000.(V. '<5, p. 9J; V. 8(i, p. 95, 493, 65 1.)

Portsmouth. Great Falls <6 Conwny.—Opened la1872, and is leased by Eastern Railroad. Massicba-setts. The latter is not liable for the bonds. (Y.27, p. 15.)

PrmMma <t Wora»t«r.~TXet earnings year end-ing September 30. 1877. $83»,«!»5; noies payable.$1.4i8.U0U. Mortgage bonds for $-.'.()00,OoO an-thorlzed. (V. 3:!. p. 518; V. 25, p. 476; V. 38, p.94.)

Beading it CUumMo.—This road is operated andcontrolled by the Philadelphia A Reading RaUroad.Floating debt, $1,093,494.

Beading Jt Lehigh.-TUB was the Berks Coaatyroad; sold out, and leised to Philadelphia *Reading, March, 18'5. for 99 years. Poreclosnrasuit begun in Feb., 1878. (V. 80, p. 63, 267; V. $8.p. 266.)

Bfnsxlatr <t Saratuoa.—LetaeA May 1, 1871, toDelaware A Hudson Csnal Company, which pays In-terest on bonds and 8 per cent on stock. (V. IS, p.615.)

Bichmond it Danvilh.—Gross earnings 19?S-7.$909,317; net, $292,591. This company leases theNorth Carolina Railroad and the Piedmont Railroad,and forms a throiigh route with the .\tlanta A Rich-mond Air-Line. 'The Penn. Railroad took $1,000,001of the new bonds. (V. 28, p. 1 80; V. 84, p. 898.370; V. 26, p. 115.)

'

Richmond, Fredfrlcktburg <* Potomae. — Grosearnings 1873-76, $367,!l«9; expenses, 1177 TM; aearnings, $190,175. (.V. 33, p. 6 »i i V, 17, pw e8.J**

X£VW BAILROAD STOCKS AND BONDS. [Vol XXVII.

Kabscribera wrill eonfer a great favor by glTlu:: Immediate uotlce ot any error discovered lu tbese 'lables.

DESCRIPTION.

For explanation of column headings, &c., see notesat tlie head of first page of tahles.

Xiehmond A Pelersbzirg—1st mortgnge, coupon

—

New mortgageSochester (t Slate Line.—lat mortgageHome, Waterloion <£ Ogdensburg—Stockl8t sinking fund raort., Wat. it BGeneral mortgage, sinking fund2d mortgageConsol. mort., convert, till July, '79, coup

B«<fajtd—Stock, commonPreferred stockEquipment mortgage bonds

do doNew general mortgage

St. Joseph d- ircstei-n— 1st M. St. Joseph & Pacific.Kansas & Nebraska, Ist mortgage

St. Louis, Alton <t TeiTe Maiitc—StockPreferred stock (7 per cent yearly, cumulative)

.

let mortgage (series A) sinkmg fund., l g ^^iBt mortgage (series B) siuking fund.. .= $;i S2d mortgage, preferred (series C) 1 -^ § ,

2d mortgage, prefen-ed (seriesD) fp,<smi'|2d mortgage, income oBg'oEquipment mortgage Jo S® I

S^ Louis, Iron Mountain <£ So!i(Aeni—StockIst mortgage, coupon ;

2d mortgage, gold, coupon, may be registered

—

Cons. M. gold (8. f. after 1880), coup., iuay be reg.Arkansas Branch, 1st mortgage, gold, land grantCairo Ark. & Texas, 1st mort., gold, coup or reg.Cairo & Fulton, Ist nrort., gold, or road and land

St. L. Kansas Viti/ <£• A^.—StocJt ($i;!,000,000 pref.)

ist mortgage (North Missouri)Beal estate and railway 3d mort

St. L.A B.Francisco.—ie,t M. (So. Pac), g., (I'd grant)2d mortgage bonds, A

do do B, golddo do C, gold

Land debenturesSt. Louis <£• Southeastern—1st M., gold. conv. s. fund

Consolidated n»ortgii|ge, gold, sinking fundEvansvillc Henderson & Nashville, 1st mort

St. Louis Yandalia <* Terre Haute—lut M. 8. f. guar2d mort., sink, fund ($1,600,000 guar.)

St. JPaul <£• Faeilic-First Division—'

r Ist M., 1<) miles, St. P. to St. Anthony2d M., St. Paul to Watab. ($700,000)3d M., land gi't, St. P. to Watab. ($1,200,000)Consol. land gr-t do ($2,800,000)

• 1st M., Bt. Anthony to l.'JO miles westo 2d M.,&l6tl.g..St.A.tol50m.W.($3,000,000)3

J 3d M., 1. gi-. on 1.50m. W. of St. A. & Ist M. on.0 1 6001. more with 1. gi-. ($6,000,000)S 4th JI., St. P. to Brcckeuridgo, 2d on I'd gi-

S { 150m. (.$3,000,000)St. Paul <t Faeilic—lutuwrtaaga bond.'*

St. Pant £ Sioiix C—Pref. stock, (Div. on $475,000)Common stock

Saginaw Valley rf- SI. Louis.—1st mortg., coup.

.

Sandusky Mansjield <fi Newark—Re-organized stocklet mortgage, new

Savannah <t Charleston—C. & S.„ guar, by S. CJFunded int. bonds, S. & C. RR., guar, by S. Car...Ist mortgage, Savannah & Charleston RR

Savannah <£ llemi>h is—Ist mortgageSchenectady <C Dimnesburg-lst il., guar. D. & H .

Schuylkill FaHcj/—StockScioto Valley—Iht molt. (-i. fund $13,000 per year)

.

Seaboard <t Roanoke—%tociilet mortgage

Selma t£ Gulf—lat niort.j guar, by AlabamaSetma Marion rf Memphis—let mort., end. by Ala.

.

Selma Rome tC Dalton—1 st mortgage2d mort., Alabama & Tenn. River RRGeneral mortgage tor $5.000,000

Shamokin Valley •!: Pollstillc—StockIst mortgage, gold, on road and lauds

Sheboygan tC- Fond du Lac—1st mortgagelet mortgage extension

Shtnango i8 Alleghany—1st mortgage

.9

n

Milesof

Road.

25

i0940997

190190360120120120120120115115207

68021021068610072

300.525354354293

2104209S

158158

10767676150150

210

22014012112134 13116116101

ibi60141^119880804050

100100

"2828781278iii

32

Dateof

Bonds

Size, orP.arValue.

187018751878

1855186118721874

18701870187218761876

186418641864186418641870

186718721874187018721870

186518741868187618761876187469-711872186718671868

186218621862186518641864

1868

18701871

1872

iseo18i>31868186918701874

1876

185118701869

1871186418711869

$1,000

1,000100

100 &c.500 &c.1.0001,000100100

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

100100

1,000500 &o.1,0001,000

500 &c.1,000100

1,0001,0001,0001,0001,0001,000100

1,0001,000

500 &c.100 &c,500 &c,500 &c,

:',6oo500 &c1,0001,0001,000

1,0001,000

250 &c.250 &c.1,000

250 &c,

250 <fee.

1,0001,000100

1,00050

1,000500

100 iic.

5001.000100 &c,

50500 &c,

1001,0001,0001,000

50500 &c.1,000

500 &c.

AmoimtOutstanding

INTEREST OR DIVIDENDS.

Rate per When Where Payable, and byCent. Payable Whom

$175,00031,000

2,180,0003,147,600366,007975,107

1,000,0004,250,0002,479,7004,168,700500,000500,000

1,212,0001,900,0001,900,0002,300,0002.468,4001,100,0001,100,0001,400,0001,400,0001,700,000300,000

21,028,7614,000,0005,927,0004,428,0002,500,0001,500,0008,000,000

24,000,0006,000,0003,000,0007,194.500293,200

2,476,0002 295,000350,000

3,250,0005,145,0001,000,0001,899,0002,600,000

120,000366,000

1,096,0001,114,0001,500,0001,700,000

5,700,000

1,500,00015,000,0002,081,8002,400,000446,000

i

1,050,3562,301,000505,000111,800500,000

2,4-.'3,000500,000576',050

1,250,0001,350,400.210,000

16,000 p.m.16,000 )).m.

838,!500241,000

3,000,000869,450

1,994,000750,000850,000874,500

87737777

"3128

78877

"2

77777

10

"7

7g.7g.

z«-7 g.

7g-"7'

7

I'-2 &c.2 &c.107g.?«•

77

77288276778g.621373127887873

I'-87

A. & O.M. & N.

J. &"j.M. & 8.

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

F. '& A.M. & N.M. & S.

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

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

F. &"a.M. & N.A. & O.J. & D.J. & D.J. & J.

J. &J.M. & S.

J. & J.M. & N.M. & N.M. & N.Q-J.M. & N.F. & A.J. & J.J. & J.M. & N.

M. & S.

J. & J.

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

M. & N.

J. & D.J. & J.Q.-J.J. & J.M. & N.

.1. &"j.M. & S.M. &. S.

J. <fe J.M. &. N.M. & S.J. & J.J. & J.M. & N.F. & A.A. & O.M. & 8.

J. & J.

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

N. Y., Farm. L. & T. Co.do dodo dodo dodo do

N. y.. Office 12 Wall st.

do dodo dodo dodo dodo do

Richmond, Office,do do

Boston, Treasurer,do dodo dodo doNew York.

N.Y.,Omce 20 Nassau stNew York or London.

do doNew York, Co.'s Office.

do dodo do

N.

N.Y.,Nat Bkof Com'rcedo do

Y., Trask & Stone.do dodo dodo dodo do

Y., G Opdyke & Co.do dodo do

Y., Third Nat. Bank,do do

N.Y.,J.8. Keunedy& Co.do doIn default.

dododo

do

dodo

St. Paul, Office.

New Y^ork, 9th Nat. Bk.l.st N.Bk., Sandusky, O.N. Y., Union Trust Co.Charleston, 1 st Nat. Bk.

New York,do

N.Y.,T,ancaster,B.& Co.Del. & Hud. Canal Co.Philadelphia, Office.

N.Y., Winslow, L. & Co.Phil.,Towusend,W.&Co.

do doNew York.New York.

New York, Offloe.do

.

dodo do

PUiladolphia,Trea8urer.do do

N. Y., (In default.)do do

N. Y., N.Bk. of Com'rce.

JJo)w/«—Piinci-pal, when Due.Slocks—LaetDividend.

1880 to '86Slay 1, 1915

July 15, 1875Sept. 1, 1880Dec. 1, 1891Jan. 1, 1892July 1, 1904

Feb. 2,'i875May 1, 1880Sept. 1, 1880Nov. 1, 1902

19—19-

Feb. 1,1878189418941894189418941880

Aug. 1, 1892May 1,1897April 1, 1914June 1, 1897June 1, 1897Jan. 1, 1891

July 1,Sept. 1,

July,Nov. 1,Nov. 1,Nov. 1,Jan. 1,Nov.,Aug..

July 1,Jan. 1.

May 1,

189519041888190619061906188418941902189718971398

188118921892189218941894

1899

19001901

Oct., 1876

May 1,

Oct. 1,July,

March 1

Sept. 1,Jan. 1,May 1,Sept. 1,Jan.,

.Tan. 1,

M.iy 1,Aug.,

Jan.*^l,Sept. 1,Jan. 1,Jan. 1,April 1,

Feb.,July,June,

OctoberApril 1,

190218751902, 187718991889189019241878

, 189618781880-18901889187218641887187819011884, 1896

, 1889

Stehmond <ft Petersburg.—In July, 1878, 2 per centdividend made on stock of $l,*08.tiO'. Gioaa earn-ings year ending Sept. .30. 1877, $137,116; net,

$47,271. (V. 2i, B. 1 5 ; V. 24, p. 6-i.)

Rochester & State £!«».— Bonds sold in N. Y.,July, 1878. Road runs from Rochester, N. Y., toSalamanca, and Rochester City furnished $(,00,030towards its coastmction.

Borne, Watertown & Ogdensburg —The last reportshows gross earnings in 1870-7 of $1,955,37]; ex-penses, $912,134; net earnings, $313, 3tj. Default wasmade on ccupous cunsol. bonds .'Vpri', 1878. (V. 22,

p. 493; V. 26. p. 334.)Rutland.—Leased January, 1871, to the Vcnmnt

Central. Terms modified in July. \^ti. Defaoltmade on rental, and le:ise again modiiied. (V. 2'^ p.209; V. 23, p. 110; V. 25, p. 137.)

St. Joseph <£ We4etn.—'i^\vi St. Jo. nnd DenverCity was sold in foreclosure Nov., 1675, and re-organized. The land grant of 300,tOO acres is inhands of trustees, for tne bentflt of the holders ofthe land scrip of t2.25t',000 Gross earnings ofroad in 1877, $5.37,^B'i; operating expenses. $.173,906;rentals, &c., and taxes, tl40,415. (V. U, p. 323, 469;V. 2t), p. 289.)

St. Louis, Alton ift Terre Haute.—The main line—Terre Haute to E.St. Louis and Alton Branch—\Vi.

3

leased June, 1867, for 99 years, to ludianao. & St. Lat Super cent of gross earnings up to $i,0uO,0u0 (but$t.5(>,U0O per year to be a minimum).. This wasguaranteed by thies other companies, see V. 2(>, p.

614, 6'jl. In Ihfr. gross earnings were $95.'i,570, against81,U72,403 in '76. The Belleville Br. and Estcntiouearned net in 1S7T, $131,540. Sinking lund 1.0 dsJS78.5O0 of the bt m.^rtgage (V. 24^ p. 297; \.26, p. 417, fil4, 0-25, 851; V. 27, p. IT.)

St. Louis, lion Mountain tt Southern.—1\\CK arealso J66'<,(iiXi of Ctiro & Fulton Income bonds.Gross earnings, 1877, 84,.')no,42a; net, $2,131,901. In1875, the company funded thiee coupons an all

bonds except the old firsts, but when coupons fell

due Nov.. 1876, they w»re paid only in part Ila I

interest only is paid on the mortg. bonds, except

the let mortg. St. L. & I. M., which is paid in full.

The net earnings have been applied to floating debtrather than to jay bonded iuieresf. A suit is ocnd-iiig in the U. S. Circuit Cuurt of Missouri. (V. 'i5,

p. Ill, 1.3S, 188, 229, 309, 333; V. 26, p. 287, 342,St.S, 6i5.)

St. Louis, Kansas City & Northern.—Half the stockIS prtf., 10 per cent yearly, but not cumulative.Gross earnings in 1871, $3 117,173; net, $1,250,773.Floating debt partly retired with second mortgagebonds. (V. 24, p. 9i). '272; V. 26, p. 68, 288,171.)

St. Louis tt f^an Francisco.—This is the re-organi-zation of the Atlantic & Pacific, sold in foreclosureSept. 8, 18i6. The Atlantic tfc Pacific was a consoli-dation, in 1870, of the Atlantic & Pac. and So.Paciflc.The land grant amounts to some I.UOO,iioO acres.'I'he interest on bonds "B " and " C " is 2 p< r centfor 2 years, 3 for 3 years, 4 for 1 year, 6 for 1 year,and Q afterward. In 1877 gross earnings were $1.-3i3,9)3; net, $,39,liB, iigainst $675,047 in 1876. (V.24. p. 513; V. 25, p. 482. 457; V. 26, p. 2-11.)

St. Louis t& Southeastern.—In hands of rece:ver.Annual report, V. 26, p. 263. (V. »3. p. M9; V. 21,

p. 203, 322; V. «'i, p. 2<i3, 304.i

St. Louis, Vandiiiia tfi Terre Haute —The com.?tock is S2,383,.315; pref., $1,451,700. This road is

leased to Terre Haute & Indianapolis at 30 per ct-n:

of gross ear. lugs. In 1877 gross earnings, $1,118,470.Bonds guaranteed by Terre Haute & Iiidianapolis,hy t.olumbus. Chicago & Indiana Central, a idPitts-burgh. Clncmnati & St. Louis. (V. 24, n. 110; V.20, p. 16,'; )

St. Paul & Facinc, First Division.—The 3d mortg.of $6,()p.i.0.iO ha< the addiiional security of the$I..50i,OtO first mortgage Itonds held by its trust es.

Interest in default since June, 1872, on all the issuesexcept the first and second mortgages on BranchLine,' but c rtain . pjyuieuts made in May, 1877.Suits of foreclosure are in progrrss. and the rail -

nmd has been in possession of the trus ees underthe mortgage deeds. An import nt negotiation fortaking up i he bonds his been consummated. (V.2.1, p. 114, 1.14, 408, 424, 458, (HI; V. 2tt, p. 2,6, 816,842, 420, 575; V. 2T, p. 42, 68.)

St. PjuI a Pacific —The road is in hands of Re-ceiver of U. S. Court, and the bonds are all held inHolland. The mortgage is being foreclosed. (V. 24,

p. 510; V. 26, p. 316, 342, 430, 436, 575; V. 27, p. 43,

6a.)

St. Paul i6 Sioux ( ily.—Th\i company has 756,437acres of land unsold. See annual report V. 24, p.298. (V. 28, p. 4To; V. 24. p. 298; V. 26, p. 5,8.)

Saginaw Va'ley <S st Louis.—Has a traflic guar-antee by Michigan Central. Net earnings, 1876,

$48,855.Sandusky, Manstidd <6 Newark.— This road is

leased to thn Central Ohio, and the lease guaranteedby Baltimore & Ohio. (V. 19, p. 5»4; V. -.6, p. 290.)

SavaW'Oh cfe Charleston.—Roud in hands of receiv-

er and decree of sale made. (V. 22, p. 615.)

Sav nnah -f Memphis.—Defnuted after the crisis

of 1873. Net earnings, 1875-6, $16,118.Sehenec'ady *fe Duanesburg. —Gup'itfi} stocU- is

owned by the D.&U. CanalCo.^which runs the road.Schuylkill Fa/fey.—Leased to Philadelphia & Read-

ing, with 5 per cent dividends.Scioto VaUcy.— Ibis new road, from Columbus to

Portsmouth, reports gross earnings of ^116,853, andne 1 1 58,376, f 1 cm March 5 1 Dec. 31 , 1877.

Seaboard & Roanoke.—Net earnings year endingMarch 1, 1S78, $167,938. Report V. 21, p. 270.Selina <Sk Gulf -latatcit in default. Foreclosure

sale attempted Nov. 19, 1S77, but no bids made.(V 24, p. 299; V. 25. p 3.35, 593.)

Selma, .Marion <fi J/cmpAiS.—Pefaulted 187J. Tobe sold July S, 1878. (V. 28, p. 575.)

Selm-i, Rome 16 Dalton —This was formerly theAlabama & Tennessee River. Interest iu default,

and road to be sold. (V. J4. p. 566.)

Shinwkln Ya.ley cfc /V)««tJ! /«.- Leased February,1S6 i. to Northern Central,at 7 per cent on bonds and6 per cent <m stock.Sheboygan <t Fun du tac-Dcfatilted 1873. Gross

earnings, 1877, $109,011; net, $12,501. (V. 24, p.198, 34A; V. 26, p 521.)

Shena>i/)0 <6 Jitoyftany.—Leased to Atlantic &Great Western, and •• rental trust bonds" issued.Gross earnings 1S75, f201,039; net, $114,699.

July 27, 1878.] KAILROAD STOCKS AND BONDa zxiz

aabur rlben ivill confer m great (kvor by sIvIiik Immediate notice of m.nf arrora dlaeorered In theae Tablea.

DI'SCKIITION.

For explanutU'ii of uoliimii b»u<IiiiR«, Ac, huo nolui*

at liciul of flmt page of laoliui.

Shor,Isl

Siouj2(1 I

BiouiIM 11

Samtibtl I.St imSouth ('ftffilhm

.J-StockiiiNtriiciloii boiula..'.'<•— iBt mmi<i»»te...• vprnment HUbMldy)III/ -1st iiii)rtKivKi>, K'>lil, I'd granturrcncy. for ijCi.lUO.OOOrtKii»,'i% goldHtwU.

iBt iiiort^'u;.:!'. Kt4'rUuir loimj,

do dollar boiulH <L)...» ^

2il mortgiigc (&>r *:),000,CKK))DouH'Nlir holulH (1)

Doiiit'Htir iKindN (K)So. •t An. ,4^i(«i(iia— l8t .M., cndorR«d by Alabama.Stcrliii;; iiiiirt. x. fund. t;n«r. by I*&N

Soulhtrti I,/ /.OII.7 /»/(iii</— 1st mortgage (H. Side)..

.

'.'d iii.iitKage H. Side (l»t mortg. ». fund)Morti;a>:i' liimdn. Sontbeiii of L. I

Southern CtiiliidtX. >'.J— Iwt niovtgngc•M nioii ni'M ($.1011.000 <>nd. by U'liigli V. KU.).

&>u(A(i'ii I'ncii .f t'filur Kfi/<Wii— Int niort., goldSouthirii M<M»ii.«)/(i— 1st mortgage, eoustniction...Southern fiiiijir (Cii/.)— l«t mort., gold, limd grSij'ttfi' rn /( (*NAi//fa/it«—1st luortgago, gold.- •, rd'u.;—Stock, guiunnt'd? i)rv nuuuni

Itoudc. fonvertiblc into stock at par/';rf .l«Afi?i/(e— 1st mortgage, gold

j/i,lil Alhol d- X. B.— liit mortgageng iltiunlaiii i.V.V.)— Int mortgageon d (\>i>i>rrofmUa—\ni uiort., (guar, by C. P.)

Symcusf liutn/utinfon d- .V. 1*.—Stock2d mortgage {now llrst)

f'onsol. niiirlgage (guar. D. L. & W.)Summit lintnrh (/'«.)—StockIst mortgage bonds

Terre Ua utei Jiuluviapotis—Stociil8t mortgageBoild«oi 1.S73 (for $1,600,000) I

Texas <t .V. OrUans of '74— li<t iiiortg. land gr., coupXtxas it i'arirtc— 1st mort., gold, eoup.($8,000 p.m.)2d mort., conRol., gold, coup. (!?17,0<)0 p. lu.)

Incoino and land mort., reg. (7,600,000 acre."*). ..

Tesas ircs/irn—(Narrow g.)—1st M., 1. gi'., gold...loletto. /Vorm rf. iriicsfiw— let mortgage <W. Div.).

l.st mortgage (E. Div.)2d mortgage (W. Div.) convertibleConsolidated mortgage (for $0,200,000)let mortgage ( Burlington Div.)

Ttoy dc Boston—Stoi'klat mortgage, oonnolidatedConvertible bonds

Troy Union—1st mortgage, guaranteed, Troy CityVnioti yaeijic—Stockl«t mortgage, gold, on road and equipment2d do (government subsidy)3d do oil road (2<1 on land), sinking fundLaud gi-ant bonds on 1 0,7(>.l ,i)17 acresOmabu bridge bda, st'g, '.s.f. about $00,000 yrly).

Union rari/ir. Central Branch—1st mort., gold . .

.

2d mcrtgaice (govcmiuent subsidy)r«i(«f .V. J. KI{. rf: Cnnnt ( 'tf«i/«inics—.Stoc.kGeneral nuirtgage, gold, coui>onUnlttxl Co.'s mortgage, sinking fund, registered,

do sterling loan utortgagc, sinking f'luddo do do do -Aodo dollar loan, mortgagedo bond to State of New Jersey

Joint Co.'s mortgage, sterl'g, 8. fd. (JBi38,500).do plain bbudB '.

do dodo consol. moit. (siuk'g fund after 1880)

K.J. RR. & T. Co., 3d loan due State of N.JVtah t'en/ra(—Stocklet mortgage, gold

Vlali Hon Wi<rn—1st mortg.age, couponVlica <l Ularl: Rimr—StackIst mortiiagc bonds of July, 1868Uortgage bonds, 2d issue

Milesof

Koad.

.50

50lOS

12212123

242242242

Date Size, orof I'ar

Bonds Vuluo.

183183

691141148717071224257

'30

48>37I3

30818181202011373

106444444444."iO

II6I2110%II6I3227105335

"2ie

1,0421,038

1,038

100100379

361a751687587

180018«8

1H7118711871

180818W1872186618681870187318671870187418691872187018681875

1876187118651875187518671876

18691873187518751875187518761866XS6418661870187J

1874

1866-9

18741867-918711866

'6tt-7.-«

187118711871187118711871-1834-7

18621868

18701871

18681871

$100100 &oSOO &fs500 &c1,0001,000

"iooVarious

600

.500100

1,000

500 '&.O.

500 &o.500 i&o.

1,000100 Ac.

1,600500 &e.

iik)

100 io.100 Ac.1,000

500 &c.100

1,0001,000

50'

' 501,000

i',6do1,0001,0001,000

i',6oo1,0001,0001,0001,000100

1,000500 &c.

iiio

1,0001,000

: I'ooo£2001,0001,000100

1,000

I

INTERIvflT OR DIVTDKNDB

1,0001,000100

$1 ,000,<M)02(M),0<K>

l,(i2!»,(KI0

1,628,020500,000

1,240,000450,000

5,819,2751,482,6661,051,.>00l,20(i,,50O

1,067,50063,500

391,0005,211,8107.50,000

1,.500,000405,050

1,500,000600,000

l,.50O,0003,332,000

29,300,000«(25,000

3,892,300399,000400,000448,0003.50,000500,000

2,004,000270,000

1,750,0004,125,000800,000

1,988,150800,000800,000

1,050,0003,552,0007,548,0005,533,000

10,000 p.m.1,800,0001,600,0001,300,0001,500,000250,000

1,609,0001,384,000650,000680,000

36,745,00027,232.00027,232,00014,047,0007,124,0002,179,0001,600,0001,600,000

19,800,4005,300,0002,000,0001,846,0001,800,000154,000500,000497,310

1,700,000866,000

5,000,000100,000676,005

1,000,0001,500,0001,770,720200,000912,000

4766

I'-

I'-

I'-77«

777

• 7« e-7g.3I3

7

?«•

75477376777?«•6g.7

7777477626g.6878g.«g-62I3

^'

u.676g.6667106g.7277

Payable

J. A J.M. * S.J. & J.J. <k J.M. & N.M. & N.J. <Sc J.Q.-F.

J. A J.J. A J.A. A O.A. A O.J. A J.J. A J.M. AN.M. A S.M. A N.M. A N.F. A A.M. A 8.M. A N.J. A J.A. A O.M. A S.J. A D.VariousJ. A J.J. A J.J. A J.J. A J.J. A D.J. A D.A. A O.F. A AJ. A J.J. A JA. A O.

F. AAM. A S.

J. A i)

July.J. A J.F. A A.J. A D.A. A O.M. A N,J. A D.F. A A.J. A JM. A S

Q.-J.J. A J.

M. AS.A. A O.A. A O.M. A N.

qi-j..M. A S.A. A O.M. A S.

M. A 8.

F. A A.Due 90F. & A.F. A A.J. A D.M. A N.A. A O.

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

J. A J.J. A J.

Wlioiu.

N. II., Nat. N. H. Bank.do (bi

N. v., Nat. Park Bank.U.S. Tii-as., at maturityN. v., Metroiwl. N. Bk.

do do

CbarleRt«n,B.W.RR BkIxiudoii.New York.

doCbarleaton.

doN. Y., Diexcl, M. A Co.U>ndon, Baring Bros.N. v., Oallatlu Nat. B'k

do dodo do

N. Y., Vermllye A Co.do do

N. Y., Company's Office.N. Y., C. P. nuntlDgton.

Savannab,Cent.RR. Ga.Macon.

CharlcstonA New York.Boston, KliotNat. Bank

Now York.N Y., Central Paciflc.N.Y.,D.L.&W.BR. Co.

do dodo do

Plilladeiphia A Boston.Bostim, N. Y. A Phila.N.Y.,Farmer8 L.A T.Co.

do do

yiomi*-Pr1oei.pal, Wlien Due.Stnekt—lMStDividend.

July .-5, 1878Kept. 1, 1880Jan. I, 1898Jan. 1, 1808

Nov., 1901July, 1891Mav, 18711H7H to '881878 to '88Oct. 1, 1902Ai>rll, 1891

1880 and 1892Jan. 1, 1890

New York, Co.'s Office.Pbila., N.York AIx)ndou

do doNew YorkA Pliil.ad'phiaN. Y., Fanu. L. A Tr.CoNew York, Co.'s office,

do dodo dodo dodo do

Troy, Company's Office.N. Y., Nat. B'k of Com.

do do

Mar. 1, 1887May 1, 1900Nov. 1, 1879Aug. 1, 1899Mar. 1, 1882May 1, 190O

1988April 1, 19a'»Mar. 1, 1900June 20. 1878

1886.Inn. 1. 1897

July 1,'83 to '931885

Jannar}-, 1905Dec. 16, 1875June, 1887

Oct. 1. 1906Aug. 16, 1876Jan. 1.1904.Jan., 1878July, 1879

1893Aug. 1, 1905March 1, 1905June 1, 1905Jan. 1, 1915

New York and Boston.do do

U.S. Treas., at maturity.New York and Boston.New York and Boston.London, L. A 8. Fr. Bk.N. Y., Company's Office.U.S. "Treas., at maturity.Phila. and N. Y. Offices.Philadelphia, Office.

do doLondon.

doPhiladelphia.

days after demand.London.

Phil.adelphia Office.Princeton, N. J.

Pliiladelpliia Offlco.N. Y., B'k of Commerce.

Bait Lake City.N. Y., Kountzo Bros.

Utica.Utica and New York.

do do

Feb. 1, 1896Dec. 1, 1894April 1. 1886May 2, 1910June 1. 1901Feb. 1, 1878

18941882

April I. 18781896 to 1809

Mch. 1. 18941887

April. 1896May 1. 18951896. '!)7. '98July 12. 1878Mch. 1, 1901Oct. 1, 1894Mch. 1, 1894Mch. 1,'1894Feb. 1, 1888

1880F**. 1, 1883Jan. 1, 1889Nov. 1. 1889

Overtlue.(?)

Jan. 1, 1890July 1, 1891Mar. 26, 1878July, 1878July, 1891

Shore Line.- Leased to New York & New Havenat tI00,OiO per year. Old stock was exchanged fornew In July, 1873. Gross caroings, 18?*-1, $.W!,:i74;

net. f49 81». (V. 8f, p. -63.)

,8ioux C?/v <t Paclflc.—Bly. of 3X on pref. stockpaid April, "S For year ending Jane 30, 1878. grossumlngs were tJ92,4?9, and net earnings t28,:i9l.

{V a D. M5 599.)

Sioux Citij'it St. Pau!.-Thcre arc also $302.00(1 M.mort. bond!', $lfi,0OJ onuipmeiit, and i8B,600 in.

come bonds. Lands sold m l??,", 40,(>64 acres. (V.45, p. Jia; V. SO, p. iOJ, 471, 494, Mil, 567.)

Somerset.—Th\a roni is leased to Maine Central.

South Carolina —Otoia earnings in 187:, $1,020,-064; operating expcnaes, $593,75i; net eantings.$428.91'. A prop-isnl is made for concessions by admortg. bondholders. (V. S6, p. 2I7« Hi, 393, 418,420,471; V. ',•7, n. 4-J)

m South & \orth .U'ifxima.—This ro.id Is operatedby tile lytuisv, & Niifibv., which hold.t a ai.ijority t.f""

' ck, and guarantees the bond..< and holds000 of art mort». bonds, taken for advancedPref. stock. t'i.OOO.OOO.

Sou'Jfii, .,• J..„ir, Idai'i. -Le&scd to L. L RUT - .'WO li p. c. mortg. bonds onH It la proposed t« "scale" allb ilhSido. (V. a8,p. 471,6J0,864.)

lioulhern Ce.ttrai.-Femai &n extension into NewYork St it4' fur Lehigh Vadcy, which company cn-dorsen $1i)0.f»K) .,f »ocond mortgage bonds.South I. :! it I'.ltr liapidf.—la progrois. Ot-

tmnwa in !' dur Itaiiids, la.

Southurii .UiiiutmU. —Soldnnder 2d mort'jage andre-or^an(zt'J .Mnrcb, 1S77, slock being issued forbonds. Land grunt Is about 1,7!jO,O0u acres. Thelat mortgaire intirc-st is pud J. & J. at 7 per cent,thou.'h ori-in:i!ly .\. A O. at 8 per cent. IV. 84, p.U, I'.is, «7; V. J-i, p. 23.1, 40S; V. 27, p. 67.)Soullunt I'acilic (to/.)—This road is controlled

by Central Pacific jmrtics. The bonds are inseries A, B, C and I), of which " A" includos $15,-OCO.OUO, part in l.'VO bonds, ah the others a-e Sl.OOO,Mcb. A slaking (and of $100,000 per onnom begins

In 1882, and proceeds of land cales also go to paybonds. The land grant is 12,830 acres per mile,nnd a'taches now to ssomiles built. To June, 1877.

l*J2,*iiii acres had hc«n sold for t79i).74 >. The stuckpaid in is $3fi,7(i;i,9^ 0. In 187(1-7 the gross earning.'^

were $i,.''j53,003 gold, and net eirnin'.'s, Sl.Sg'f.SSOgold. (V. S4, p. 899, 38'!, 445, nifl; V. 2«, p. 209, 314.)

Southern Penn-^ytcdi'ia.-This Isa mining and rail-

road company, rc-organizod in IS12 after foreclosureunder 8.;C'>ndm'rtgage. The road I.-* leased by theCamberlund Valley.

So'tthwent-ern Georgia.—Leafii^d to Centr.il Georgia.Dividends 8 a year to every 10 per cent on CentralGeorgia stock, bat 7 per year guaranteed.* '"Tri-

partite" bonds issued; see Central Georgia.

SptlnffHetd, A/hol d jVor'henstern.-iV. 14, p. 198.)Sterlitig .UouniUn,—Coat of road and eqtdpment,

$3<K,488. Net earnings '..S72-3. $I.^.G7:^.

StiKkton d Co/jpeTO/w'ia.—Defaulted July, 1974,and old bondj of 51,')IJO,000 exchanged for present.(V. il, p. 159. I61'. 316.)

Sijraeuse, liinrjhamton <fi iVew Fi>;*.—Opcrited byDel. L. & W., and bends guar, by that Co. laist

dividend on Ktock (hi ls73 4 per cent. (V. 46, p-llB.)S'tmmU Branch.—1 his is a coai road, and leases

Lykens Valley. Nci earnings in 1878, $151,665. (V.85. p. 113.)

Terre Ilaiite A In<ll<inapotis.—.\nn\iBl report, V81. p. 442. (Jioss earnings, 187.-i-«. $1,03S,450; ex-penses, $7il,i09; not earnings, g3I7,41'i.

Ttxas <t Xew O'leana of 187).—The company hasa land grant of 873,«.'00 acres timber and agriculturallands.

Texas d Ajci/tc.—Annual report In CiinoNicLK,V. 85, p, 210. Gross earnings, 1876 7, $i,04;J.433;

operating expenses, $>.3.5'2.4i5: net earnings, $691,-007. Of old land bonds gl .5')l,nOO are yi t out.(V. 23, p. 180, 2(6. 279; V. 25, p. 162, 210; V. S8,

p. .116; V. i^, p. 48.)

Tejcas IfeD^errt.—This narrow-gauge road la loprogress. (See V. M. p. 49, 152. 586.)

TbieJo, Peorit & Wftrsaw.—Pas'*cd into receiver's

ban>l3 February, 1S74. Forcclosoie pending. In

I87i)-1. net en'nings were $36,415. (V. 26, p. 08, 316.5;5; V. 87,p. 6^.)

Troy <fe Jloatoa.—With leased roads forms a linefroniT, oy, N.Y., to North Adams, Mass. In 1875-76,gross earnings were $5i)6,5i9; epeiiting expenses,SW.S^J. There are tn9,00"J of old Ist and 8dmortgage bonds yet ontsianda.g.

'Troy Union.—A short road in Troy city. Bondsissued by city and guaranteed by sevt ral roads.

Union Pacijtc.—Gross earnings in 187? wete$12,4..1,203. a^iunst $)8,es'i.83S in 1376; net eain-Ings. $7,1):j,7.v,', against $7,618.6)7, In 1-78 thefunding bill was passed in Congress; the C .urt ofClaims decide 1 against the cenr any as to the 3 percent of net earnings; an important cnif ract wasmaile with Kansas Pacific; the July divide >d wagpa Bed. Land sale* in 1877, GJ,015 acres at $4 93 peracre, or $ 543,768. Land contracts and cash on hand,Jan. 1, 1878, $3,415,158. Abstract of lost reports V.26, 0. 241. (V. 84, p. 226, .59! : V. 85, p. 408 ; V 28,p. 24 1. 868. .%8. 171, 548. TM. 686, 654; V. 87, p. 48 >

Union, t^iviyfc Vt^ntrfil lit anch.—This was formerlythe Atchisouifc Pike's Peak road. Interest in default*ince November. 1873. Gross earnings i875-7-', $114,-414; expenses, $I81,5<X). (V. 23, p. :5'J; V.25, p. 87ft.)

tfnUfAl New Jersey liaitroad <ft Canai (.Hmtxiniet.—'1 lie I'amden * Amboy Railroad and brancbea,Delaware A Rarltan C^ana), and New.Tcrs«^v Railroadform the United Companies of New Jersey. Theywi*re leased to Pennsylvania Railroad, Oct. *if^, 1871,at 10 per cent on stock and assumption of all lia.

bllitles. In 18T7 the gro.-s earnings were $S,IM0,ti9B;

net income, $8,t<5l,5'2l, leaving a dellcii for leeaeeaof $1,433 1' 8 after paying interest and dividonds.( V. 84, p. 5 1 6 ; V. 85, p. 349, 431, 458, 476 ; V. 28, p.21.''., 301.)Utah Cf/i/ra.'.—Salt Lake to Ogden. In yearaod-

ing .\pril 30, H76, net earnings were $232,737, anddiv'dends amonniing to 2U per cent were paid.

UtMh Soulhem.—Qtosi earning* I8;~, $«73,65iLnet. $140,731. Stock Is $1,500,000.

Utlea * Black fNiiw.—urosa receipts t87B-7.»<.Vt..57«; nTni>n^>"". «>3.'» >«« net ea ning.-, $280.01(L(y.32,p,20T;Y.«.p. 141.) . Ji

XX & RAILKOAD STOCKS AND BONDS. [Voi,. xxvir.

Sub.crlber» will coufar a great fk^ur by giving Immediate notice ot any error JUcorered la these Table«

DESCRIPTION.

For explanation of coluiuu headings, &c., see notes

at the bead of flrst page of tables.

Milesof

Road.

Dateof

Bonds.

Vtica Vh-enungod: Sitsqnchaiina Valley—Stock..

Vermon t <t C«?iorf«—Stock - -

Bonds, KUiiranteed by Vcvmont Central

Missisquoi Kailroad bondi. ;,;iw"Vermont Central— lat moitgaee, consolidated ..

.

2(1 mortgage, consolidatedEquipment loans • -

Stanstcad, 8. & Chambly bondsIncome and extension bonds (to pay float g debt)

.

Vermont <t Massachttsetlt—Sto^'k . •

.

Ist mortgage (sinking fimd $7,000 per year) . .

.

Convertible bondsdo do V- -i ;•

VUksburg a Meridian—1st series (red endorsed)

.

2d scries (blue endorsed)3d do (black endorsed)*th do (uot endorsed)Bpecial loan, funding mortgageWoW/i—StockIst mortgage (Toledo & Illinois) . . . . ... ... ........

Ist mortgage (Lake Erie, Wabash & St. Louis). . .

.

Ist mortgage (Great Western of 1859)

1st mortgage (Ouincy <t Toledo)........-

1 St mortgage ( Illinois & Southern Iowa)'Id mortgage (Toledo & Wabash)M mortgage (Wabash & Weste.m)2d mortgage (Great Western of 1850) .. ...........

Consol. mort., (on all but Decatur & E. St. L.)

1st mortgage, (Decatur & East St. Ixiuis)

Funded debt bonds and scrip ($943,950 at 7)

Warren (\^.J.)—Stock2d mortgage1st consol. mortgage - • .

. •

Wathinglon City, fa. MM. <t at. SoMl/iem—Stock...2d mortgage, O. & A. RR .1st aud ;i(l mortgage, O. & A. RK4th mortgage, O. & A. KRFunded interest, O. & A. BRIst mortgage, O., A. & M. RRGen. mort., gold. Wash. C, Va. Mid. & Gt. South'n

Lynchtmrg & Danville, Ist mort., guar., coup..

.

Westchester' it Philadelphia—Piet&vrcA stock

Ist mortgage, newWest Jersey—Stovk ......................

J»an of 1883, guaranteed by Camden & Amboy1 St mortgage loanIst do consolidate*! i

Cape May & Millville

West tVi'«e«>i»«n—Ist mort., gold, newLand grant income iHuids

Western it A llanlic ((/'«)—Income bondsWestern (Ala.)— 1st mortgage (Mont. & W. P.)

Western RK. bonds, before eiuisolldatioii

2d mort.. guar, by Cent, of Gu. and (Ja. RR. & B. Co.

Western Maryland—l»t mort., endorsed Bait. City .

.

Ist mortgage, unendorsed2rt do endorsed by Baltlmoi-e

2d do endorsed by Washington County .

.

2d preferred mortgage, unendorsed3d mortgage, guaranteed by Ba'.iimore

4th do for Baltimore City stock

Western rennsylmnia—1st mortgage1st mortgagi-, Pittsburg BranchGeneral mortgage

Williumston it Tarlmro—1st mortgageWilrnxJigtou , Columbia it Auffusta— 1st mortgage . .

.

Ine^mo bondsWilmington it H'e/(/on—StockSterling bonds

do doSlnkiug fuud bonds, gold ;vv\ ;

'

Wiseonnn Central—1st mortgage, gold, land grant.

Worcester <£ Nashna—StookBonds ($125,000 are 7 per cents)

' BoudsBonds — •„•/••,

Nashua <K Rochester—Stockao do l«t m., guar, (for $700,0001

9873

807780

140140140140

64975167180332975167180490109

"is1818

310

Size, orPar

Value.

AmoimtOutstanding

33665 »2

"2712860386341172

13811644160909090909090905728

4188

179179

32594

18711871186618661866-918671872

18651869187218661866186618661871

18.53185318631865186218.581858185918671869

18.55187018751871185518581800

186718731871

1871

186118661869

1878187818731866186818701858

1867

18081870187218631865

18701870

1871

$100

500 iiC

500 Ac100 &c.100 &c.500 &c.100 &c.1,000100

100 &c.500

1,000500 &c.1,0001,000100 &c.100 <&c.

I'.OOO1,0001,0001,0001,000

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

ioo

i'do

500 &c.

100 &c.50

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

bdii See.

1,0001,000

1,000

500 '&c100 Ac

500 &e

"ilio

ISTERE8T OR DIVIDENDS.

Kate perCent.

WhenPayable

18731875

48I

....

48 1874

100

500 &c

$4,000,0003,000.0001,500,000500,000

3,000,0001,500,0001,500,000444,100

1,.508.6002,860,000550,000200,000150,000703,500850,000145,000

1,180,000217,400

16,000,000900,000

2,500.0002,495,000.500,000300,000

1,000,0001,.500,0002,500,0002,610.0002,700.0003,015,9501,800,000750,000600,000

2,692,539i,2oo;ooo654,000700,000578,859

1,050,0001,.500,000526,500821,300

1,100,0001,359,7,50400,000

1,000,0001,000,000500,000

2,500,0002,080,000920,000750,000600,000

i,2oo;ooo200,000400,000300.000300.000600,000875,000

1,000,000800,000

1,000,0001,200,000350,000

3,200.000600,000

1,456,200648,700221,400749,000

8,250,0001,789,8003.50,000250,000400,000

1,185,000700,000

34877787823467777778

j-77

77

777

3&73»277

"6'

8

7g.

"i'736.

7

7 K-10888

666666787

3>3g.

7 g.

7 g.7 g.•J

0&77

Whei-e Payable, and byW'hom.

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

J. & J.

J. & J.J. & 3.J. & J.A. * O.J. & J.

BoiMfs—Prihcipal. When Due.Stoc**—LaatDiWdend.

N. Y., D. L. & W. KR.Boston, E. Blake & Co.Boston,Nat.Bk.of RedmBoston, Globe Nat. Bk.BosUm,Nat.Bk of Redin

dodododo

Boston,dododo

dodododo

Office,dododo

F. <fe

F. &F. &M.&F. &M. &M. &M. &Q.-:F. &

Phila , Girard Nat. B'k,do do

Phlla., Girard Nat. B'kdo dodo do

N. Y., Metropolitan B'k

A. & O.A. &. O.M. & 3.

J. &"j.M. & N.M. & S.

J. &'j.M. & N.A. & O.J. it J.A. & O.F. & A.M. & S.

J. & J.A. & O.

J. & J.J. & 3Q-J.

J. & J.A. & O.A. & O.J. &J. &3. &J. &J. &J. &.

J. &A. & O.J. & JA. & O.U.& N.J. & D

J. '&DJ. & JM. & NJ. & 3.J. & J.

J. & JVariousA. & O.F. & AA. <& OA. & O.

N.Y., Del., L. & W. KR.do dodo do

dodododododo(h>

dodo

dododododododododo

Bait., R. Garrett & Sonsdo dodo do

May 1, 1878June 1, 1872July 1, 1891Jan. 1. 1891Nov. 1, 1886

18911870 to 1889Jan. 1, 1887

1902April 8, 1878July 1, 1883July 1, 1879July 1. 1885Jan. 1, 1390Jan. 1, 1890Jan. 1, 1890Jan. 1, 1890

1880

1890189018881890188218781878189319071889

Aug. 1,

Aug. 1,Aug.,

Nov. 1,

Aug. 1.

Nov. 1.

Nov. 1.May 1,

Feb.,Aug.,

April, 1R7819001905

Jan. 1, 1875May 1, 1873Sept. 1, 1880

Bait., R. Garrett & Sonsdo dodo do

Philadelphia, Office.do do

Phila.—Pa.RRCo. Officedo dodo dodo do

New York.New York.

Atlanta, Co.'s Office.Now York & Savannah

do dodo do

Balt.,N. Mechanic*' B'kdo dodo doHagerstown.

Balt.,N. Mechanics' B'kdo dodo do

Philadelphia, Office.do dodo do

New York, J. M PlckrellBait., Safe Deposit Co.

London,do

N.Y., Nat. B'k RepublicBost'On, Office.

Worcester, Office.do do

Bost., Globe Nat. Bank.do do

Worceste-, Office.Boat., Globe Nat. Bank.

Mch. 1, 1882May 1, 1908April 1, 1896July 10, 1878April 1, 1891Aug. 13, 1877Mch., 1883Jan., 1896Oct., 1890

19181898

Oct. '77 to '91

July, '78 & '81

Oct. 1, 1888Oct. 1, 1890Jan. 1, 1890Jan. 1, 1890Jan., 1890Jan., 1890Jan., 1895Jan., 1900Jan., 1902

April 1, 1893Jan. 1, 1396Oct. 1, 1901May 1, 1900June, 1900

Jnno, 1877188118861896

July 1, 1901July 1, 18701881 & 1887April 1, 1893Feb. 1, 1893April, 1878April 1, 1894

CTica Chenango i. Sutq\uhanna VaUey.—'Rati is

leased to Del Lack. &, West. Railroad at 6 per cent

per annum on flock.

YcXev (Fa.).-This rosd was built chiefly by snb-

,^riptionof Bait. & Ohio KR., Baltimore city, and

Vireinla coimties. Operation of the road by Balti.

more & Oliio was discontinued, and temporary lease

niade to Shenandoah Valley Railroad. (V. 20, p. IS,

isS; V. 21, p. »«; V. 2S, p. 463, 559, 591, 007.)

Vermont * Canada.—Vnier lease to VermontCeotral. (V. 24, p. 421, 566; V. 25, p. 476, 641.)

Vermont Centra'.—In 1872 the Company went to

default on Interest, and has since been in numerouscompllcationB. A new corporation under the name

of Central Vermont was foimed, with $2,000,010

naid-up capital, and assumed obligations of the old

Verroort Central. Foreclosure pending on 2d mort-

eSr (V. 22, p. 110, 539; V. 23. p. 40, 370, 623; V.

Wv- «3. 568; V. 25, p. 431.)

yfrmonl * VastachmeUs.—TYAs road is leased to

the Fitchburg RR. Co. for 999 years, commenclni?

Jan 1 1874 ; they paying interest on the debt and 4

per cent on the stock for the first two years, 5 per

cent the next two years, and 6 per cent for the re-

mainder of the lease, exclusive of all taxes.

Vickfi>\irg dk Meiidian.—'Set earnines 1877 8,

«12»,364. The only coupons paid since April, 1876,

were tliosc maturing Jan.. 18i8, and the special loan

coupons of Jan., 1877. (V. 27, p. 6T.)

Tfo»a«A.—This is the Toledo Wabash * Westernre-organized after the sale, June 10, 1876, underconsolidated gold mortgage of 1813. New litigation

commenced in -May, 1878. There is a debt of #560,-

flOO due the Equipment Company, payable $56,000

per year. The "Scney" mor . included in fimded

debt bonds is for $l,i 00,OCO, payable $500,000 per

year. Oiairations for 1877 showed |4,585,9H gross

earnines and net earnings of $1,(160,398. (V. 25, p.

64 89: V. •J6.p. 215,445,471, 496, 524, 519, 592,

^; V. 2r, p. 17, 68.) .„_

Warren (N. ,/.).—Leased to Delaware, Ijickawanna& Western at 7 per cent on stock and bonds. Netearnings in 1875, $241,056.

}',\i8/iinglon City, Virgin'a Midland it Great South-ern.—Gross earnings year ending Sept. 30, 1875,

$1,033,980; expcnsen, $67^,367; net earnings, $401,6;2. The company has been assisted by Bait. & O.The let and 3d mortgages, placed together, wereoriginally $400,000 Ist 68, and 1600,000 .3d 8s,

some of which liave been exchanged for generalmortgage bondsi, but are deposited in escrow only.

Tlie president, Mr. John S. Barbour, was apimintedreceiver in July. 1876. Inteieet in default, but re-

ceiver ordered o make ceriaia payments. See V.25. p. 41. (V. 22, p. 1 5, 591; V. 2i, p. 650.)

Westchester <t PhilailetjMa. --Oioeii earnings, 1876-'77, $332,274; net, $112,961. (V. 22, p. S04; V. 24,

p. «a; V. S6, p. 1 16.)

West Jersey.—Gross earnings, 1877, $595,035: ex-penses, $:)91,430; net, $20:1,591. Net profit aboveinterest and rentals, $10,3J8. (V. 24, B. 849; V.2«, p. 263.)

West Tl^cofwtin.-The company defanlted on inter-est due January 1. 1875. Earnings, 1876, $842,l>28;operatingexpenees, $631,4.'J2; net earnings, $211,075.The lana grant is about 1,000,000 acres. Sold inforeclosure March, 1878, »nd re-organized, witli se-curities issued as above. (V. 21, p. 543: V. 25, p.41, 115; V. 86, p. 4:j6.)

Western 4 Atlantic—Tluf toad is owned by Stateof Georgia, and leased at $800,090 per annum.Lessees nave Issued the income bonds. (V. ^, p.116.)

Western Alaba?na.—So\A in foreclosure, April 19,

1875, and bought by Central Ga. and Georgia Rail-roads, for whose account it is operated. (V. 20, p.

398, 405, 445; V. 25, p. 4 56.)

Western Maryland.—This company was largely as-sisted by the city of Biltimore. which has alsobought Its overdue coupons. The bouds remain-

ing in default for interest to their holders werethe second preferred unendorsed and on thosepayment was made of coupons due July, 1878,and January, 1874, In January, 1877. The July 1877,interest on unendorsed bonds was not paid ti 1

January, 1878. Annual report for last fiscal year, toSeptember 30, 1877. showed gross receipts, $332,085;expenses, $219,940; net receipts, $112,145. (V. 25,p. 41, 29i, 40«; V. 26, p 84, 471.)

Western Pennsylvania.—The Pennsylvania KB.,lessee, owns $972,650 stock out of the total amountof $1,022,450, $148,000 of branch bonds, and ill of$1,200,000 general mortgage bonds; net earnings1876, $225,498. (V. 22, p. It06.)

Wil'iamston it Tarhoro.—Road in progress. Norecent financial Information.

Wilmington Columbia <8 Augwta.—In 1875-6earnings were $116,6.33 net. There are certificatesof indebtedness for $336,000. iV.22, p. IS; V.26, p.368, .3113; V. 27, p. 68.)

Wilmington <ft WeWon.—Formerly leased to Wil-

'

mington, Columbia & Augusta road, but in Dec,1877, default was made oy lessee and p opertyreverted. (V. 22, p. 1 6 ; V. 26, p. 68, 420, 496.)

Wisconsin Cen/m;.—Defaulted July, 1875, andfunded 9 coupons. Afterwards built a considerablelength of road. In year ending Sept. 30. 1S76, grossearnings were $709,935; expenses. $412,201; netearnings, $297,733. Paid rent of Mil. & North,ern KR , leased, $167,404. Land grant Is over800,000 acres. The Philips & Colby ConstructionCompany opetatirg this road became embarrassedIn Dec. H:77. {V. 23, p. 478; V. 26, p. 18.)

Worceste (t Nashua.—Guarantees the stock andbonds of Nashua & Rochester, leased. For yearending September 30, 1877, gross income was$528,883, and expenses, including interest andrental, $.')24,.301. (V. 22, p. 645; V. *l, p. 158; V. «3,

p. 430.)

ijuLTa?, 187a] CANAL STOCKS AND BONDS. XXXI

Rabarrlbara will eoBflar m (raat nror hf clvlnc Iaiaie41«t« Bvllee of mar error dlaeorered la theae Tablaa.

DESCRIPTION.

For explaiiattOD of column bcodliiKs, Ac., nee notca»t the head of flrnt puiiro or U.blea.

Ohetapeakc. it Detaicar(^HUK<k1st iiiort^Mto (orlKlually *'2,80O,0O0)

Olusaptakr it OAi« HUxvkMurylanil loan, RiiikiiiK (UDdOiiaraiitriMl Btorlint; loanBoikIh tiavliifr iioxt prt-Tereuoe

Detatcttre I>iiu«ion—HUwkiHt mortKUL-c irxteiidca 20 yean in 1878)..

Dtlatcnre it tUuUon—8t4)<^k

IhI inortKa^'O I'xti'ixliMl

lal nmntioife, i'eKlHt«rod.....'

do ilo

Dclicntiire loan ot 1894, coup and niiiHt M., coup. A leR., on Penu. Div. ($10,000,000)

JttKigh t'orti it .Varifldfiort—StookLoan, cnnv.,('.oup.,Ko1d (assumed !>.& W.Coal Co)1st nion^ajfc, n^KlHt-t'n^d

Ist niorlKaKC, reidmtcrwt, railroadMort. loan, g. ($2,310,000 aasumedCRR. of N.J.)1-oanLoan (MtonHion, convertible till December, 1877.Connolulatt:*! inortKagti loanCirc«'nwo<Kl niort^oKc, reg. Kxtended, 1377

Uononi/aheta Xaoigatioa Oo.Stoekifoi-ri*- Stock, ounBOlidat«dPreferred Htotih

New mortgage (for $1,000,000)Boat loanPreferred ntiM'K scrip dividend

Pennsytvania—titocii(JenernI niortg . interest iroar'd by Penn. RR

SehuiilkiU Sacigation—Stotik, commonPreferred HtooKInt mortgage, extended2d niortgJigoMortgage lionds, coup, (payable by P. *R.)In) provenii'u t bondsBoat and car loanBoat and car loan

Au«?u<Aurt'iu—8t<H'liMarylaud loan, 2d mortgaKeBusquebouna Canal, common bonds, 3d mort

do pref.,3d. T. W. prlorityb'ds..do bondflof 1872

trniori—1st mortgage

Milesof

Canal

1414

6060148

148148

153

83103103103103

327327108

45

85

Dateof

Bonds.

1856

1858

186!)187118741877

187218711872

187618651869

1870

187018631864

183918591841-41872

Size, orPar

Value.

JISOo's25

501,000100

1,0001,0001,000

lOOO&o50

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

50100100

1,000various.various.

501,000

5050

1,0001,000

I'.OOO1,0001,000

50

AmountOutstanding

$2,078,0381,093,7.508,229,5042,000,0004,375,0001,699„')001,633,350800,000

20,000,0001,-182,0003,500,0000,4:14,0004,750,000

ii,'i93',550771,000

5,381,9632,000,0004,658,500508,52041,550

1,369,259717,000

1,004,3001,025,0001,175,000780,000220,000103,164

4,480,4053,000,000909,236

3,175,9001,709,3803,990,3921,200,000260,000756,650628,100

2,002,7461,000,0001,320,000325,310250,000

3.000.000

INTKKE8T OU DIVIDEWDB.

Rate per WhenCent. Payable

Wbere Payable, and byWhom.

Philadelphia, Office,do do

Bait., A. Brown & Sons.Ijondon.

Bait., A. Brown A Sons.Philadelphia, Office.

do doN. Y., Bk. of Commerce.

do dodo dodo do

N. Y., office 71 B'way.do do

Philatlelphia, Office,do dodo dodo dodo dodo dodo dodo dodo do

Pittsburg, Office.Leh. VaL RR. Co., Phlto

do dodo dodo dodo do

J. <fc J.J. * J.

J. &. 3.

J. & J.

M. &N.

Philadelphia, Office.Philadelphia, Office,

do dodo dodo dodo dpdo dodo dodo do

*>n<<f—Princi-pal, When Du«.aiock»-L»0lDIvidcBd.

Phila. and Baltimore.do dodo dodo do

Philadelphia. Office.

June, 1873July, 1886

187018901885

Feb. 4, 1878July 1, 1898Aug. 1, 1876Nov. I, 1891

18841891-18911917

Sept. 2, 18761894188418971897

•79- 80-'8l-'82-1882

June 1, 10111892

Feb. 4, 1878Feb. 4,1878April 1. 1906Oct., 1885Feb., 1889

July,i910A<lg, 25, 1878Aug. 25, 1878March, 18971882 to 1907

1895May, 1880Moy, 1913May, 1915

Jau.Vi'885Jan. 1, 1878Jan., 1894Jan., 1902May 1. 1883

Chaaptak* (t Otfauxin.—Delaware City to ChesA-peakc City, Md. (V. 27. p. 66).

Chetaptakt * OAio.—Gross receipts, 1875, »473,210;

set, $2M,nS. Paid on bonds, $2ii3,»40. (V. H, p.

SS9.>DtlavMT* /Mi).—Leased to Lehigh Coal A Naviga-

tion Co., at interest on bonds, and 8 per cent a yearon stock

Dtl. <t Uudfon Canal.—T\a» Co., which is amongthe largest miners and carriers of coal, leases the Alb.A Siisq. and Renra. & 8ar. Railroads. Also endorsesbondsof N.Y. & Canada RH. The annaal report for

1871 isgiveu in V. 26, p. 21)8 and p Hi; and com-mittee's report. V. 25, p. 191. (V. 24. p. 179, 227,

444; V. 25, p. 161, SIS; V. 26, p. X08, 243, 493 3«4,

574, 699.)

Lthlgh, Ooai A Navigation.—Qrot9 receipts in 18T7.

$994,6(15; expenses and int., $1,189,.321; excess ofthe latter, $194,655. The CentnU R.R. of N. J.

assumss (in pm-chase of equipment), $2,810,000 of

the gold loan due 1897, and leases the Lehiph &Susquehanna Railroad. The Lehigh & Wilkes-Barre Coal Co. aspuracs $500,100 of the gold loandue 1897, and t711,000 (all) of the convertible goldloan due 1S91, aiiil bas altio leased the coal landsof the company. (V. 22, p. 479; V. 24, p. 247,415; V. 25, p. 4S2.)

Mommgahela Navigation Cbmparev.—Receipts,1S75, $196,576; expenses, $80,487; dividends, $90,387.

ilTOTTte.—Leased April, 1871, to Lehigh Valley Rail-road fur 999 years. The lessees assume bonds and

scrip, and pay 10 per cent per annum on preferredstock, and 4 on consolidated stock. (V. 12. p. 714).

Pennjfi/ivania Canal.—Worked in interest of Penn.RR winch guarantees interest on bonds. An oldmortgage of »90,CIO0 is due in 1887.

Schuylkill Navigatinn Company.—Lea,eed fromJune 1, 1870, to Philadelphia & Reading for 999years, at annual rent of $655,000, Including certainreal and personal property conveyed to PhiladeU)hia& Reading. The dividend of Aug. 22, 1877, was pay-able in Phil. & Reading RR. scrip. (V. S2, p. 493;V. 26. p. 418.)3us(/whanna <t Tide Wafer.—Leased and operated

by Philadelphia & Reading Railroad for Interest onbonds andlialf of net earnings.

Union. CWmi^.-Stock, $2,907,850.

xxxii ft. INVESTORS' SUPPLEMENT. [Vol. XXVIl.

Publications.

THK '

Financial Review,(ANNUAL.)

*"

1 8 -T- S - *

A YEAR BOOKi.

OF

FINANCIAL INFORMATION.

CONTENTS.Retrospect of 1877.

Rlercanttle Fallnreii.

Bauklne and Financial-United Btatc!)— National Bank Fignres and

CurrtTiCy Movementc.

New York City—Bank Helurn? , <fcc

London—Money Market and Baiil; Hetnrns.

Commerrlal—United States— Foreijjn Commerce, Trade

Balance, U.S. Exports and Imports of Leading

Articles, Tonnaee of Trunk Railroads and

Canals.

The money MarKet—IrJlucnces in New York, and Prices of Call

Loans and Commercial Paper since 1870.

Gold and SllTer—

Production, Exports and Imparts of Gold and

Silver in the United Slates.

The Silver Question.

Prices, Movement, Ac, in Loudon, 1833-1877.

Prices of Gold in New York, from 166» to mr.Foreign ExrhanKe—

Methods of Quoting.

Prices in New York, 1870-18'J7.

Investmentd and Speculation-Principles Relatinf; to Investments.

luvestmeLts of Financial Corporations in NewYork City.

'3ompound Interest Table, Showing Accnmn-

lations of Money in a Series of Years.

Table Showing Iho Rate Per Cent realized on

Securities Purchased at difTerent prices.

Stock Speculation in New York.

Table Showing Ihi: Interest Cost of Carrying

Stocks.

Vnlted States Debt and Securities—

Tcli: of the United States; Term? of Payment,

Ac.

Prices of U. 8. Bonds. 1860 to 1877.

State Debtit and Seciiritlen—

State Debts and Immunity from Prose' ution.

Prices of State Securities. 1860-1377.

Railroads and tlieir Securities—Railroads of the United States.

Railroad Earnings.

Bngiisb Railroad Laws.Prices of Railroad Bonds, 1872-1877.

PriccB of Railroad Stocks, 1860-1877.

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