April 29, 1876 - FRASER - St. Louis Fed

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nksta' HptautOF TIIK

COMMERCIAL im FINANCIAL CHRONICLE.PUBLISHED ON THE LAST SATURDAY OF EACH MONTU

Famished Gratis to all Sabscriben of the Chronicle.

NEW YORK, APRIL 29, 187^

Financial.

J.&W. Seligman&Cc,BANKERS,

89 KXCHANG« PLAOB,CORNKR BHOAO 8TREBT, NBW 10RK.

Issae Letters of Credit for Trarelersj

faytbla In taj part 0( Boropc, AtX*, AMca, Autnlliand Am«nw.Dnw BUIj of Xzekwic* and aaka talegraptale trau-

leri of monay on loropa and California.

AOSMCT OF

Merchants' Bankor

Canada,e» VTAbli STREET.

Capital. . • - • . $9,000,000 Gold.Pal* DP, ..... 8,138,626 '*

Bill! o( Kaccbange bought and aold. CommercialCradlta granted. Draft! on Canada tuned, Bills collect-

ed, and otber Banking business transacted.

WALTER WATSON, I .„.„,.WK. J. INGRAM, "fAKentB.

LONDON AOENCV, 82 Lombard St.

S. G. & G. C. Ward,Asurra roB

BtRINO BROTHERS & OOniPANY,fS WALL STREET, NEW TOBK,

SB STATE STBEST, BOSTON.

Adolph Boissevain & Co.BANK BR 8

ASS

ooninissioN kierokants,AMSTERDAM, HOLLAND.

Bny and Sell on Commlsalon American SecuritiesIn Holland and otl.er Continental Markets.Mak-t ColKctlons throughout the Continent ol

Europe.Make PtTnients on Letters of Credit to Travelers

and tranaact a general American Banking Bnslress.Kefer by special permission to Mesars. Blake

Brothers & Co., Boston and New 1 ork, and to MessrsB. It W. Welsh, Philadelphia

Winslow, Lanier & Co.,BANKERS,

*J PINE 8TBKKT, NEW YORK,

KecelTe the accounts of ioterior basJu, bsnkencorporations and Mercbantii.

Agenti for the sale of City, Oonnty, and KailroadBonds ; Issue Letters of Credit for foreign travei.

LONDON CORRESPONDENTSOITT RANK. Tbr«adsieadl« Street.

City

CHAKL.ES OTIS,47 KXCIIANGB FLACK,

Railroad

and Gas Stocks,

Financial.

FISK & HATCH,BANKERS,

No. 6 .NASSAU ST., NEW YORK.

We glre particular attention to DiiiOT DaaLiHeaIK OoTiiiiiHtiiT Bonds xt ctiauNT MAHxrr iatisand are prepared, at ail times, to bay or sell la large

or imall smojots, to snlt all claaaes of Inreitors.

Orders by mall or telegraph will receire careful atten-

tion.

We shall be pleased to furnish Information Is

reference to all matters connected with InTsstmenlaIn QoTemmcnt Bonds.We also buy and sell Gold and Gold roupoKS

COLLIOT OlTlDIKDS, and TOWH. COtlNTT and 8TATSCotrroNS, &c.. and buy and sell, on Co]iaiasio.v, all

MaBKiT.BLa Stock • AND BoMoa.In our Bahxixo DirAarisuiT we receive deposits

and remittances subject to draft, and allow Interest

to be credited monthly, on balances averaging, for themonth, from tl.OOO to t5,000, at the rate of three percent per annum, and on baiancaa averaging over19,000, at the rate of foar per cent.

riSK dc HATCH.

John Munroe & Co.,No. 8 'Wall Street, Vetr York,

No. 4 Poat Offlee Sqnare. Boaton.CHEQUES AND CABLE TKAN3FEI1S ONnUNROE 4c CO., PAKI!*.

8TKBL1NO CHEQUES ONALEXANDERS, CrNLIPFES * CO.

Iiondon.SIXTY DAV 8TEKLING ON THE

CONSOLIDATED BANK, LONDON.

CXBOnLAR >10TE8 AND CKKOITS TOR TBAVSLKBS

M. K.Jesup, Paton &Co.B A N K B R S,

No. B2 IVllllam Street, New ¥ork.Draw Exchange on Unton Bank of London.Accounti ot Banks, Bankers and others reoelved

npon favorable terms.

Interest Allowed on Balances Snbject to Drafts at

Sight.

Advaaces made upon Conilgnmentj to oaraddreasor to our CorreRpondonta In Europe,Investment Becarltleu tiouKtit and Bold.

R. T. Wilson 6c Co.,BANKEKS AND COMMISSION MERCHANTS

2 BXCHANGB GOVffrT.Liberal cask ndvar.ces made on conBlgnmenrs of

Cotton and Tob&ccoto our address; also toonrlrleaasIn Liverpool and London.

QoTerument Secnrltlea, Gold, Stocksand Bond*

Bought and Sold on Commission, and

J.OANn NBGOTIATBD.Accounts received and Interest allowed on balances

which may be checked for at Blarht.

N. T. Beers, Jr.,

Brooklyn Stocks,GAS STOCKS,

tX WALL STREET.SpecUIty for 10 Yeara.Bee «MiUUon« of " Local SeennUes' Jn UUt paper Dealer In Railroad snd ISTCStmcal Stocks and Bonds

Boston Bankeri.

Richardson, Hill & Co.,No. 1 Simmon's Bdildins, 40 WATin St.,

BOSTO\.Bnalneaa Paper bon|[ht and sold,Depoalta received, Oollretlona made,

Adwancea on Collaterals,Inwealmemt Secnrltles.

Orders for all Flnt.Class Securities eiscated oBCommission.

Parker & Stackpole,BANAKB8, 78 DKV0N8HIBK 8TBBIT

BOSTON,

Bar and Sell ureatera Cltr andCoantr Bonds.

Brewster, Basset & Co.,BANKERS.

No. 86 CONGRESS STRBBT,Boston, Hass.

Dealers in Stocks, Bonds, Gold and Commereu:paper.

Orders exseuted on Commission at Brokers BoanlAuctions, and Prlrato Sale.

Investment Secnrltles conetantlTnn hand.

Kidder, Peabody & Co.,

BOSTON, HASS.

COMMXBOIAI, AXD CiaOTJJUl LmSBS OF CBBDITCSSUCD ATAILABLX IIC ALL FASTS OF TBS WOBLD.

JBxoBAxea

OS LoKDOv, Pabis, and oTHsm CoNTX^raaTAX

CiTias or Erxora.

Neiv York Ofllce, 33 HVall Street.

Fhila. A. Baltimore Baokers.

Wilson, Colston & Co.,BAMKEKS AND BKOKBR8,

BALTIICORE.INVKSTMBNT and VIHOINLA BECDKITIBS a

<peclalty.Correspondence solicited and Information fnr.

alshed.N. ^ . COBBaspoNDiNTS—McKlm Brothers A Co.

J. Bell Austin,STOCK BROKER,

No. 319 T^ALNCT STREET^Phlladelpbla.

Orders In Stocks and Iionds promptly ezednted stthe Philadelphia and New York Boards,

Bonds, Stocks, Jewelry,WIULS, Ac,

RECEIVED FOR SATEKEEPINO BT THB

SAFE DEPOSIT CO. OF NEW YORK,

HO, 142 & 146 BRO.VDWAY, COR. UBERTT STFrancis H. Jenks, Ptesideot.

The first establlilied Is the world.

11 INVESTORS' SUPPLEMENT. [April 23, 1876

Finaocial.

Heniy S. King & Co.,

r B A M K K K 8 ,

45 Pall ntall, Iioadon, Bnsland.

lune CIltCULAR NOTES ftet oj charge, available

in all parta of the world.

Grant COMMEBCIAl, CREDITS for Qae agalnai

Conalgnmeata of Merchaodiae.

Kxecote Orders on tlie Loudon 8toclc Kiebange.

Make CoUecUoni on all Polnu. Receire, Deposit

And Current Accounts on favorable terms, and do a

General London and Foreign Bankiog Business.

KING, BAILLIK & CO., Liverpool.

NKW YORK AGENTS,

Mesar*. WARD, CAKIPBELIi & CO.

REAL ESTATEMORTGAGE BONDS

GUARANTEED BY THE

Equitable Trust Co.,$1,000,000 CAPITAI..

THESE REAL ESTATE MORTGAGE BONDS ARECOMMENDED TO THK ATTENTION OF

THE MOSTCOSISERVATITE IIWYESTORS./Irst—They have the individual liability of tbe

maker.6'econd—Epch bond Is secured by a Grat mortgage 0/

real estate of not less than double its value.77Urd—The prompt payment of both principal and

Interest of every bond is j:uaranteed by tliis Company.The Company guaranteeing tnese Bonds receives no

deposits, owes no money, and incurs no obligations ofany character except those arising from such guarantythereby keeping Its whole capital of One Mi.llonDollars unimpaired. TO MEKT AT ALL TIMES the

frumpt pavment of both principal and interest ofheee Bonds.All mortgages securing the Bonds are formally ap-

proved by the following Executive Board :

ROBERT L. KENNEDY, ADRIAN ISKLIN.SAMUEL WILLKTS, JAMES A. R-.mSEVELT,WM. REMSEN, EUOEftE KELLY,CHAS. BUTLEK, .JOHN D. MAXWELL,HENRY r. HAVEN, GUSTAV H. KISSELL.1 hese Securities bear Seven Per Cent Interest pay-

able semi annually, and nre oflered for sale at onehundred and two and int<^reat at the ottlce of theKQuiuble Trust Company, N 08. 52&54 William street.

JONATHAN EDWARDS. President.

THE NEW ENOLAND

Mortgage Security Co.OFFERS FOR SALE, AT PAR,

SEVEN PER CENT lEN-YEAK BONBSSECURED BY

FIRST nOBTGAGES Of IITIPROVEDREAl. ESTATE.

QUAP^ANTEED, PRINCIPAL AND INTEREST,BY ITS

CAPITAL, STOCK OF $300,000.Interest Coupons payable Pemi-annu lly. Bonds

registered to order, or payable lo bearer at option.Accrued.interesc la not required to be paid by pur-chaser, The hcxt-due Coupon beirg stamued so as todenote th it Interest begins at the d.Ieof pu'chase.A Pamphlet wiih lull infomiHtion will be sent onpplicatlon to the Company's Oiflce,

43 milk Street, Boston.Thete Bonds are commended to the attention of the

MOST CONSEKVATIVK INVkST-iKS, as they arebelttved to be as perfect a security as c;in be obtained.The iisue of Bonds is limited lo one-half ihe amountof the same class of Bonds ever Issued under a likeGuarantee.The security of each Bond is not confined a to single

Mortgage, but extends over (ill the Murrgages ownedby the Compa -y. This (;oinpany receives no depo-Us,guarant- esno OLhei eecuriiies, and has no oth;r debtsthan its bonds. Us Uurtgages are of like character tothose which have been bought in the last twenty yearsby Indlvld'^als. Life Insurance Companies and otherCorporations, to the amount of moie ihun Fifty Millions of uoUar!*, proving a most secure and satiafactortuvtstment. lite Loans are all upon improved Farmstn some of the most fertile HVestern ctates, near theRailroads, with short and perfect titles, and averageless than $6jI) each, upon pronertv worth nearly fourtimes their amount. Experience has proved that we'I-»ele.:tert Mortgages upon this class of properly aresaler than those upon city property, either in the Eastor West. They a e notaHected by fires, or by Businessrevulsions ; Principal and Interest are more promptlypaid

; and upon the «u cess of Agri ulture dependsliiat of almost every industrial Investment.

HENRY 8ALT0NSTALL. President.FRANCIS A. OSBOKN, Treasurer,

TIOK-PBEBIDRNTB:Amos A. Lawrence, Geo. c. Richardson,Jaines L. Little, Thomas Wlggleswortli

Geo. P. Upham.SIBXOTORS:

Charles L. Flint, T. JeSorson CoolldgeHenry ^N]tonBtal^ John P. Patnatn,Charles L. Voung. J. u. Upham,

ootTNaaL;Hon. Henry W, Paine, Boston.SlmsoB B. Baldwin, New Baven.

Western Bankers.• THE

jAnglo-Calitornian Bank(LIMITED),

LONDON, Head Office, 3 Angrel Uonrt.

SAN FRANCISCO Office, 422 California St.

NEW YORK Agents, J. & W. Seli£;maa & Co.

Antliorlzed Capital, - - $6,000,000.Paid-up and Reserve, - 1,55 0,000,

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

pa-ts of the world. Collections and orders for BondsStocks, etc.. executed upon the most favorable terms

FKED'K F. LOW, {M»n»i.er»IGSATZ STEINHABT,{"*°°*"'-V. N. L'LIENTHAL Cashier.

F. J. Bbsrt, President. S. G. Collins, Cashier.

The Exchange BankOF DENVER, COLORADO.

Capital Stoek, $2i0,000.

Special attention given to Collections, and to the

luveetlng of money on brst-class real estate security

for non-residents.

CORRESPONDENTS.Tradesmen s National Bank, and Gilman, Son A Co.

New York ; WoUs. Fargo & Co.'s Bank, San ! ranclsco

BANKERS AND BROKERS,

ST. LOUIS, no.

DEFAULTED MISSOURI COUNTY, CITY ANDTOWNSHIP BONDS MADE A SPECIALTY.

ALSO,

RAILROAD BONDS, STOCKS, MISCELLANEOUSAND LOCAL SECURITIES, ETC.

Our long experience In above class of Securities

enables us to be prepared to make cash bids by wireto parties giving full description.

Love & Co.,BANKEUS AND BROKEIiS.

ST, LOI IS, ino.Gash advanced on Stocks and Bonds left for Sale.

Ghas. F. Pknzkl, Wm. Kirtkn, Cbkxd T. WalkbkPrcBldeut. Yice-Fresident. Ca^l^er.

German Savings Bank,lilTTIiE ROCK, ARK.

CASH CAPITAL fSO.OOO.Transacts a general banlMngbuslnefia, and matps col-

lections oq all points In the South and bouthwest atreasonable rates. Accounts of Banks, Bankers, Mer-chants and others Bollclted.BoAKDCF UiitHOTORa.—C. F. Penzel,"Wra. Klrten,

Judge U. M. Rose, Jno. K. Geyer.G. W. Johnson, Geo.Beichardt. J. K. Brodle, A. hehader, Jno, G. Fletcher.

N. Y". CoREKKPONBBNTa. DonneU. Lawson & Co.

Smith & Hannaman,INVESTMENT BROKERS,

INDIANAPOLIS, INDIANA.

T. K. Skinker,ATTORNEY-AT-LAW,

417 Olive Street, ST. LOUIS, no^^" Special attention given to the collection o

intlNIOIPAl. BONDS.References—J. K. Llenberger, Fras't Third National

Banli, St. Louis ; Win. t). 'VVaters, Pres't Second Nat.Bank. fct. Louis ; Hdward P. Curtis. Cashier Nat. Banlcof the State ot Mo., St. Louis; Wm. H. Thomson,Cashier Boatmen's Saving Bank, St. Louis.

A Solid Twelve Per CentWhtle bonds and stocks are the footballs of brokers

the solid Illinois and Missouri TEN PER Ci-NTS[serU-aimually at iiie American Exchange Nation^Bank, New York) and our choice Kansas TWELVKPER CENTS havu never failed. Nothing but an earth-quake can impair their absolute security; and as topromptness, ask our New York Bank, our paper isalicai/s atpar in New York, because always paid atmaturity. Uuve loaned mUllonfi, and not a douar ha;aver been lost.—For details address ACTUARY of theCentral illinola Loan Agency. Jacksonville, lUlooUr. O. Box 657.

r At.I>£N OAYI.ORD, Mlecellaneous SeO* curtties, No. 33 Wall at., New \ork. (P.O.BoxUfD). Special attention given to St. Louis City andCounty Bonds; Miaseurl County, City, Town *an(!School Bonds. Also, to tbe Bonds and Stocks of thetoiliwlDg KHllroada : Atlantic A Pnclhc, MissouriPacific, HuQtU Pacific, Kansas Pacific, Denver Pacific,North MlBSJurf, St. Louis Kane.iis City & Northern.Refers by permission, to Meur». V/^ S. flichoLB:& Co

Southern Bankers.

B. 8. Willis, Pres't. W. K.MoALPiNK.Vlce-Prea t,B. B. KiUBALL. Cashier. N.U. Lauvb, Secretary.

Texas Banking& Ins. Co.GALVESTON, TEXAS.

Cash Capital, •---•. $300,000.DIRECTORS : J. K. Wallls. M. Quln, E. 8. JemlsOB

Geo. Schneider, R. S. Willis, T. A. Oary, W. K. McAI.Eine, D. The Ayers, J. Bernstein, J. S. Grlnnan, C. L.leveiaiid, Peter n. KTiard, J. A McKee.SotiCial attention given to collections at all pointsn trie State, aud remittances promptly made, withoutny cliarge except customary rates of exchange.

Adams & Leonard,

BANKBBB

DALLAS, TBXAS.

Vew York Oorresponlent Koontse Bn

THE CITY BANK OF HOUSTON.^Capital, $600,000,

H OUSTO N, Te X AS,We give special attention to eolleotlons on all s

Ible point*.DIRECTORS : W. J. Hutchlns, P. W. Gray, JL.»,

Snrke.Cor Bnnis, W. M. Rloe, C. S. Longeope. i

BSNJ. A. BOTTS.Tresldant. jB. r. WBKMS. Cashier.

^

Sah'i. H. Kbnxsdt,Piealdent.

CHAS. I.. C. DtTPttT,Cashier.

Capital, $850,000. Limit, $1,000,000,

State National BankOF NEW ORLEANS.

CFOBMBBLT LoniStANA StaTB BAHK.)

Transacts a Oeneral Banking Business. Collectionmade free of charge.

Especial attention given to Collections, and PromptRemittances made. Exchange purchased on all points

the United States and Caaad,i.

Sterling aud francs bought and sold.

CORRESPONDENTS.LoirDON—London Joint Stock Bank,Paris—Messrs. A. & M.Heloe.Nkw Yoek—The Bank of New York, N. B. A.San Feanoisco— Ihe Bank of California, and The^

Nevada Bank of San Francisco.

I

THOS. P. MILLKK, B. D. WILI.IA1I9, JNO. W. UILLBB

Thos. P. Miller & Co.,BANKERS,

IVOBILE;^ AJLABAinA.Special attention paid to coUeciiona, with prompt

remittances at current rates of exchange on day ofpayment.Curreiipondents. — Germait American Bimk« New

Tork; LouUiana National Bank, New Urleana ; Bankof Liverpool, Liverpool.

James Hunter,BROKER,

Dealer In Coin, Sonthern Securities and ExchangeLoans Negotiated. Advances made on Securltlta

[Placed In my hands for sale at current rates.

Address,

Sa-vannab, Georgia.(P. O. BOZ 81.)

Refers to Beory Talmadge ti Co., New York; Sontb*em Bank, Savannah, Ga.

E. E. BcRRUsa, Pres't. A. K. Walexb, Cashier.

First National Bank,W^ILiniNUTON, N. C.

CoUectlona made on all parts of the United States

McKim Brothers & Co.^BANKERS,

47 Wall straat, Naw Tork.

Banks, Bankers and In-

surance Companieswishing to purchase OFFICE FUBNITtIRE, will Anda fine assortment, at prices to suit the times, at theestablishment of

T. G. SELLETT,103 Fulton St., New York.

rine Cylinder and Boll Desks a Spe dally. <

Tnksim' ^i||lmratOF THK

COHIIERCIAL AND FINANCIAL CHRONICLE.PUBLISHED ON THE LAST SATURDAY OF EACH MONTH

Famished Gratis to ail Snbwribers of tlie Clironicle.'

[BDtered according to ict of Congreu, In the Te" 1S>6, by Wh. B. Dina * Co., la the office of the LIbnrUn of Con«re«i, WMhlnttoD, D. C.I

NEW YORK, APRIL 29, 1876.

INVESTORS' SUPPLEMENTev TBI

Camnitrrlal an^ fmmtkl €^xm\t\t

The Snpp'ement is ieeaed on the last Saturday of each mont]i, containing

•^mplcte exhibit of the Fnnded Debt of States and Cities, and of the Stocks

•Ad Bonds of Railroad and other Companies.

It is fnmished without extra charge to all regular subscribers of Th«Chboniclk; no single copies are sold at the ofBcc, as a sufficient supply is

printed for snhscribers only.

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

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

INVESTMENTS IN APRIL.

Tlie month of April has shown less actlyitj' in investment

securities than any of its predecessors during the current year.

There was at times a fair business in government bonds, but even

for these favored investments the demand was not as large and

steady as it had been previously. Among the principal causes

for the decline in investment purchases were the depression in

stocks, both speculative and other; the unfavorable condition of

mercantile business, and the report of the mercantile agency,

showing a large number of failures in the first quarter of the

year; and the reduction in our city bank reserves in consequence

of the usual flow of greenbacks towards the country about the

first of April, which often makes the month a dull one in all

stock and bond transactions.

As to government bonds, there was a continued demand, butnot at all steady, and after it was known that Secretary Bristow

would sell the new fives to pay Alabama claims, the market washeld in suspense for that until the sale took place on the 24th

inst. The amount offered was $5,883,000, and bids were required

to be for not less than |500,000, and payable in gold. The wholeamount was bid for by no less than nine parties, and the

details being somewhat interesting we give them as follows :

Bids were opened at the Treasury on the 34th for IheSe

five per cent coupon or registered bonds of the funded loan of

1881, authorized by the acts of July 14, 1870, and January 20,

1871, bearing interest payable quarterly from May 1, 1876, in

lots of not less than $500,000 to the total amount of $5,883,000.

The following were the bidders.

J. W. Seligman A. Co., $1,000,000 at 108 16-100; $1,000,000 at 103 108-1,000;$1,000,000 at 108 r-100; $1,000,000 at 103; $500,000 at 104 98-100; $';88,000 atWi a6-100: $tiOO,000 at Uti 91-UX).

L. Von Iloflman & Co.. $5,883,000 at lOS iVlOO.Phillip Speyer &, Co., $1.0(10,(KX)at 10i!45-100; $500,000 at lOS 43-100; $500,000

at 108 T-',00; $500,1X101.1 KW 24 -1(W.

FirBt National Hank of New York, $.^,831,000 at 103 29-100Orocsbcck & Ketchain, $.'>(«I.O(JO at 103 87-100.Woercshoffer & Co.. S.')(K),(«KI at 103 I514-IOO.Kidder, I'cabody & Co., $l,«IO.(i(«)at 103 I-IOO.Kuhn, Loeb & Co.. 8.^,8»j,(i()(l at lOJ 63-100.Richardson, Hill & Co., f.lOO.OOO at ittS r 100.Fonte &, French. Boston, S.")(«l,0(K) at 103 87-100.Sichocier Hro8 . New York. |5(IO,(KX)a( ;0J.55-;00.Gallatin National Bank. New York. $5flO,fl(X) at 102J<.New England Mutual Insurance Company. Boston. $500,000 at 103.Diesel, Morgan & Co., for themselves and associates, $5,883,000, or any part

thereof, at ia3 711i-100, or the vihole amount lit 103 7.1 7-lt>-I(X)Winslow, Lanier & Co., $l,(XX).cXX) at KiS (ilMOO; $1,000,000 at 10-J W-lOO;

$l,£00,(XX)at lO-iSU-lC); »1.(XH).(XK) at ll« 64-l(X); tI.0O0.O(X) at IDS 7ll-100; $583,-000 at 104 75-100; or the whole amount at the uvcraije rate of the aboveMerton, Bliss A Co , $1,000,000 at 103 21-100; $1,IXKI,000 at 1(8 15-100; $'.000,-

OMat lO;) 11-100; $l,OvO,COO at 103 8-100; $1,00<),OJO at lOS 97-100; $883,000 at

G. O. Haven & Co.. $500,000 at 10) 85-100; $600,000 at 103 15-100.

10?m'!o()*'*°°''' *"'"'•''''' "' "** 34-100; |500,000 at 101 65-100; $500,000 at

in?'.'.''.'^''"'^''-»I.00O,0OOat 104 77-100; $1,000,000 at 102 83-100; $1,383,000 at

10! 54-100: »1,!HX),0(X) at 103 42-100; $1.0(X),000 at 103 20-100.August Belmont & Co., for N. Hothschild & Sons, $5,88:1,000 at 103 71.^-100.

The whole amount was awarded to Drexel, Morgan & Co.

In State and city bonds there were few new features. The city

of Cincinnati offered the first $3,000,000 of the new $6,000,000loan for her Southern railroad, the bonds to be issued either asseven per cent currency or six per cent gold bonds, running not less

than thirty years, with the agreement that none of the balanceshould be offered before September 1, 1876. Three bids werereceived, each for the whole amount; one at 13 100 per centpremium for six per cent gold bonds, another at 20^-100 per cent

premium for currency bonds, and a third at 8-100 per cent

premium for either. The award was made to Espy, Ileidel-

bach & Co., of Cinn., for the entire amount—their bid boing the

first above named; their representatives in this city are Messrs.

Kuhn, Loeb & Co. A small loan was also ofiertsd in New Yorkfor the city of Logansport, Indiana.

Railroad and miscellaneons stocks were greatly depressed this

month, and in sympathy with stocks the bonds in many cases

showed lower prices, and in nearly all cases a much smaller

volume of sales. There were several influences which led to the

depression here noticed—in the first place there had been a large

decline in one or two prominent speculative stocks, especially

Pacific Mail and Western Union Telegraph, under the direct

attack of speculative parties, and this had more or less influence

on the whole market. Then came the weakening in the coal

railroad stocks which had been ranked among the best invest-

ments in this market at 110 to 120; the annual reports for 1875<

as they came out, showed a bad businnss for that year aud the

payment of dividends out of previous surplus, and this, together

with the unfavorable prospect for the present year, had the effect

of knocking prices off to an important extent. Added to the

influences just mentioned, came the reports of a breaking up in

the " pool" arrangements of the Trunk lines from Chicago east-

ward, and a reduction in freight rates with the opening of navi-

gation, and this caused a further decline in the stocks principally

affected—Lake Shore and Michigan Central. The market wasthus given over to the control of the " bear" clique, and at the

time of writing (April 27), the decline iu many stocks had been so

large as to su£;ge8t the probability that they were not likely at

present to go lower. Railroad earnings, so far as reported for

the current year, have shown a large improvement over the sameperiod of 1875, and the latest reports at hand for the first two or

three weeks of April, generally show a continued improvement.This is quite satisfactory, as it is assumed that the percentage of

operating expenses is lower than last year, and tlie net earnings

therefore should be considerably better. The advanced rates in

Wisconsin on the so called granger roads went into effect April 1

on passenger traflUc and April 3 on freight, and the companiesanticipate that there will be an average increase on their receipts

from business within that State of about 12 per cent.

It is noticed as an encouraging feature that there have beenvery few new defaults by railroads since the first of the year,and it is hoped from thi.s that almost every road which has stoodthe test of 1873-1875, will be able to pay its bonded interesthereafter. The general effect on railroad business, however, otthe large number of railroads now insolvent and operated byreceivers, can hardly be otherwise than prejudicial. In mercan-tile affairs the " survival of the fittest" is pointed to as one ofthe gradual results to be accomplished by the existing depression,as thi weaker parties go out of business. But in the case of rail-

roads an insolvent corporation does not withdraw from competi-tion, and on the other hand has less to fear than its rivals from ashai'p war in rates.

The semi.annual statement of the Equitable Trust Companywas noticed in the Chronicle of April 15, on page 368, fromwhich it appeared that the company had taken, up to March 1,

1376. $6,585,000 of real estate mortgage bonds, and had sold withits own guaranty $5,6tf5,0i>0 of such bonds.

STOCK AND BOND TABLES.NOTES.

Tboae taljle* ai-o expressly intended to be used in connection witli tlie information concerning Investment matters, published from week to

week in the Cnuosicn;—to wUioIi an index is furaislied In the remarks at tlio foot of tlie tables. Annual reports are In black-faced figures. :'

A foil description of U. S. aovemment Securities is publislied regularly in tlie Chbo>icle each month, as soon as the official " Debt State

ment" is issued.

Prices of all Stocks and Bonds are quoted weekly in the Chbomcle.

The following will glTO explanations of each column of the tables below

:

DMcriptJon.—KailroiulH leased to others will often bo found under the lessee's name. The following abbreviations frequently occur, viz.: M. for

"mortgage," s. f . for '• sinking fund," L gr. for " laud grant," reg. for " registered," coup, for " coupon," Br. for " Branch," guar, for " guaranteed,"

«nd. for "endorsed." ^^ . . ., ^ j , , j i. , *,

.

Vale of JSondn.—Ttto date of Issue on the face of the bond is referred to in this column.Milee of 7toa</.—Opposite Stocks, this means the miles of road operated, on which the earnings are based ; opposite bonds, the miles covered

Sise or Far IVi/iie.—These figures are dollars, showing the denominations or par v<alue. The figures " 100, <Scc.," signify $100 and larger.

liale Per C'eji/.—The interest i>er atmitm is given for bonds, but the per cent of Zcwf dividend for stocks ; o means gold ; x, extra ; s, stock or scrip.

When rayable.—J. & J. stands for Jan. & July ; F. & A., Feb. & Aug.; M. & S., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J, dc

D. June <k Dec; Q.—J., qimrterly from January ; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.Sondt, prineimtl when due ; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the tim*

when the last dividend was paid ou stocl:s.

STATE SECURITIESSnbserlbera vr^ll confer a great favo- by giving ItnineJlHte notice of any error dt»e»Tered In thewe Tablen.

DESCRIPTIOIT.

For explanations sec notes above.

Alabama—State bonds, due in 1 872 and extended

do extendeddo do

Sterling bonds of 1850, extendedSterling bonds, extended

^o dodo do

Bonds of 1866Bonds of 1868New 8 per cent, loan of 1872

do do 1873New 7 per cent, loanEducational funded debtDirect loan to Montgomery <fc Eufaula BR. .

.

Direct loan to Alabama & Chattanooga KK.

.

Raili'oad bond iudorseinentsState certlttcates and Auditor's warrants. ...

Arkansas—Funding bonds of 1869 and 1870Levee bonds (or waiTauts)Old unfunded debt, incUuliug interestTen year bonds for deficiencies

do do (for $2,500,000) Aot May 29,'74Treasurer's certificates outstanding, Oct. 1,'74

Secured sinking fund bonds (Oct.-Dec, 1874)To Memphis & Little Rock RailroadTo Little Rock & Fort Smith RaUroadTo Little Rock, Pine BlulTs & N. Orleans RR.

.

To Miss., Ouachita & Red River RaUroadTo Arkansas Central Railroad

California—Soldiers' relief

State capital bondsFunded debt bonds of 1873

OonnecliciU—War bonds, 10-20 year "I p j

do 20j'ear 2.«do 20year ^s'o.Sdo 10-30year \o gde not taxable, 20 year J

" sDistrict of Columbia—Permanent improvement, gold, coupon or reg.

do do currencyFund. b'dsdI.S. guar.,AetsJuue,'74&Feb.,'75)Market house bonds, couponPotomac water bonds, couponWashington funding, goldOther Washington debtCorporation of Georgetown

Florida—Stat© bondsConsolidated gold bondsLoan to Jacksonville, Pensacola & Mobile BR.

deorffia—Atlantic & Gulf Railroad bondsBonds, act of Mar. 12, 1866 (West. & At. RB.)Bonds, act of Sept., 1870, gold (int. quarterly)Bonds, act of Oct., '70, gold (int. semi-annual)Bonds, act of Jan. 18, '72

Bonds for fundingRR. end'sem't8(oiUy $2,418,000 acknowle^g'd)Brunswick & Albany Railroad direct bonds. .

.

Date ofBonds.

187218661866187018661866186718661S68187218731874

'18701870

1870 to '71

1869 to '701871

1838 to '3918721875

187418601870187018701870

1870 to '721873

18611863186418641865

1872187318741872

1871 to '731872

1828 to '68

187118731870

Various.18661870187018721873

1870 to '711870

Size orpar

Value.

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

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

1,000100 &e.

1,0001,0001,0001,0001,000

500 &c.

560&C.

100 &c,1,0001,0001,000

100 &c,

500ifec.

SO'&c.50 &c.1,000

100 &c.

1.0001,000

500500 &c.1,0001,000

256&C.

iiobo

AmountOutstanding

$168,0001,941,000473,800688,00064,80082,500

648,000877,700500,000650,000185,000765,000

2,810,670300,000

2,000,0009,193,000998,135

3,050,0001,460,0002,123,086300,000(?)

1,700,280200,000

1,200.0001,000,0001,200,000600,000

1,350,000

95,500500,000

2,801,000

509,400877,000

1,318,.500568,500

1,741,100

4,000,000677,300

13,743,050152,400476,000

1,812,3001,235,824252,317

350,000884,500

4,000,000

900,0003,600,0002,098.0001,880,000307,500

1,100,0007,545,9001,500,000

INTEREST.

Tjo+o When Where Payable and byKate. Payable Whom.

55

!«•

8887

8'

8

67

"710

"777777

7 g.

6g.

66666

3-65776 g.

5, 6, 7-36

76g.8g.

677g.?«•

8

M. <fe N.M. A N.M. & N.June 1.

J. A. J.J. & J.J. <t J..]. <fe J.

,r. * J.J. A. J.M. A H.

J. & J.

J. & J.

J. & J.J. & J.

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

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

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

J. & J,

J. & J.

F. & A.J. <t J.J. & JVariousVariousQ.-J.

J. & J,

J. & J.

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

A. & O.

A. &"o.

J. & "d.

New York.dodo

London. Union Bank.dododo

New York.dodododo

New York,do

N. Y., Union Trust Co.do do

N. Y., Union Trust Co.

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

do dodo dodo dodo do

Sacramento, Treasury.do dodo do

Hartford, Treasury,do dodo dodo dodo do

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

Washington, D. C.do

New York and Washington.Washington, D. C.

do

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

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

N. Y., London or FrankfortNot paid.

N. Y., Fourth National B'k.N. Y., Fourth Nat. Bank.

Not paid.

Principal whenDue.

May, 1892May, 1886May, 1886June, 1890

18861880188618301888

Jan., 189218931894

1889

18991900

1882

1899190019001900

AprU, 1900

18831885189S

July, 1881Jan., 1883Jan., 1884Oct., 1894Oct., 1885

July 1, 1891July 1 , 1 891Aug. 1, 1924July 26, 1892

Oct. 1,1 901 to '03189

1Jan. 1, 1903

1878, '9, '80, 'l/aJiUy, 1886Oct., 1890

1892April 1,1875 to '86

Dec., 1890

Alabama.—The commissioners, under law of Dec.1. 1874, to ascertain, liquidate and adjust, the legalliabilities of the State on its bonds, propose sub-stantially that 30 year bonds bearing S! per cent for

5 years, 3 per cent for next 5 years, 4 per cent fornext 10 years, and 5 per cent for last 10 years, beexchanged for old bond-, without any allowancofor past due coupons. The State has been in de-fault since January, 1874. The value of all taxableproperty 18 given at $160,000,000; tax rate, ly, mills.

The assessed valuation of real estate in 1875 was$8:1.851,252. (V. 20, p. 1.39, SS^•^, 570, 5S1; V. 21, p.276, 294, 8i3, 634, 612; V. 22,4). 110, 157, SOi.)

ArkaTtsas.—TiAte of taxation, 5 mills. Unfundeddebt is mostly held by U. 8. The State is in defaultfor interest. By the last assessment for 1872 and1878 the total valuation of properly was $104,972,329.Interest was paid .Jan. 1, 1876, on secifred sinkingfund bonds, issued under the law of December, 1874,

to pay expenses. A Board of Finance wasappointed 111 Jaouary, 1875, to confer with bond-hulders of the S'..ite and Ihey issued a noticeas quoted in V S\ p. 161. See Cuboniole, V. 19,

p. 167, 189, 637; V. iO, p. 139, 161; V. 21, p. 463,

690.

(7ofi/oniia.—California finances appear to be in aparticularly sound condition. The State holds intrust for School and University funds the $500,000Capitol bonds and $3,063,000 of. bonds 1873. Total

valuation of property, 1874, over $600,000,OCO. Taxrate, 50 cents per $100. As the debt is now prac-tically extinguished, the Governor advisee thegradual cancellation of the bonds held in trust andthe purchase of foreign securities in their place.

(V. 19, p. 3 of advertisements; V. 19, p. 32.)

Connectiatt.—Tlie debt of Connecticut was all

created for war purposes, and has been reducedsince 1866 from $10,000,000 to the present figures bysinking fund purchases. The lc'61 bonds are pay-able at pleasure since July, 1871, and those of 1864after October, 1874. Assessed value of real andpersonal property, $353,491,451; rate of taxation,!mill.

District of Columbia.—The total assessed valueof taxable real estate in 187S was $9.1,453,634. UnitedStates Attorney-General Pierrepont rendered anopinion that the faith of the United Statesis pledged for the payment of interest on the3.65 *)onds, but conflicting legal opinions have beenrendered as to the right of New York savings bnnksto invest in these, as government Isecurities. Theinterest due Febraary, 1876, was not paid till March,as no appropriation was made by Congress. Thetotal amount of 3-b5 bonds issued to February wereas above. (V. ao, p. 83. See also V. 19, p. 15, 61,

142. 189, 477; V. SO, p. 239, 446; V. 21, p. 63, 417,466; V. 82, p. 181.)

.Koriifa.—Less the sinking fund of $49,900, and J.P. and M. loan, the total debt is *l,l'.i9,roO. Realand personal property are valued about $35,000,000;tax rate, 7 mills. The loan to J. V. & M. RH. is

secured by mortgage on road, and the question as tothe Sta'e's obligation to the bondholders was beforethe United States Supreme Court, and decided inDecember, 1875, (V. 21, p. 591), in favor of theState; no interest has been paid on these bondsfor some years past, and a late decision of the StatoSupreme Court holds them unconstitutional. (V. 21»

p. 466; V. 22, p. 158, 233.)

Georgia.—Tb\s is one of the Sonthem States thathas paid the interest on its acknowledged debt, butthe State Legislature declared void all the semi-annual gold bonds of 1870 ($1,880,000), and $103,00«of the Quarterly bonds held by H. Clews & Co.;the Brnriswick A Albany bonds, $1,500,000; and all

railroad endorsements, except, $1,950.1100 Macon &Brunswick; $194.0)0 Ala. <fc Ohatt.; $-340,001 No. &So. Ga.; and $31,000 Meinpliis Bi-anch. Assessedvalue of property in 1874, $a73;000,000; in 1875, $261,-7.55,834; rate of tax, four mills. Macon & BrunswickRailroad endor..^ement was declared valid by Legis-lature of 187!. but the later issue of $600,000 wasdeclared void by the Legislatn-e in 1875. Governor'sMessage, V. 22, p 87. (V. 20, p. 83. See also Y.19, p. Ul, 360, 3»; V. 20, p. 241, 326, 570,)

Apiil 29, 1876] STATE SECURITIES.

Snbscriborn will confer a sremt Aver bj slrlnc fminofllate notice ot may error dIaeoTered In theae Table*.

DESCKIPTION.

r explanation He» notes on flrat page of tables

Date ofBondD.

Size orpar

Viiliic.

<lo

<1(>

ilo

do<lo

dodo

mtnoit—. . , .

Int<Tcst bonds. Inscribed stookRe(uiLdi'.d stuck bondsNormal University bondsThornton loan bondsWar bonds

ttidianor-BondH, short loanSchool fund bonds (non-negotiable)

Kanias—Bonds, 1801 to 'CO, funding, AcBonds for various Wtato punwscsMilitary loan

ijouittiana—Bonds for relief of State TreasuryBonds in aid of varioutt railroadsI^vee bond»-Art 35 of 1865

do Actll5ofl8G7do fliHTlal—ict32of 1870

Bonds fnndlu).' couponsdo to liiii'ut .V ( tocodile Navigation Co.

Issued ti> .State Poniteutiaryto fund lloutiuK debt of Stateto Mississippi & Mexican Oulf Canalto Northern Louisiana & Texas RR. Co.school & SPinlnary, held by St. Treas..to N. Orleans, Mobile& Texas RB

do do dotf. O. Mob. & Chat. RR. bonds, end. by State.Consolidated funded bonds

Umne—Civil loan bonds 1 gjWar loan bonds .i.Bounty loan bonds > ©JS

do do ifMunicipal war debt assumed juc

^I'tryiand—liiiltimore * Ohio Railroad sterling' 'Ut'.Hapeake & Ohio Canal sterling.-iiisiucbanna & Tide Water CanalUailrnad.i and canalsKastem Shore RailroadIi:il(imore & Su.siiuelmnna Railroad* Iicsapoako A Ohifi CanalliiiUtuinre & Su«(iuchanna Railroad..\iiuaix)li« & Klkridge RailroadI>i-fciiKC Bounty Loaniii';it and Dumb Asylum Loan.Maryland Hospital Loan, 10-15 yearsMarj'laiid State Loan

^aititnchttiietls—Lunatic Hospital (Western Massaobusetts) . .

.

I^nk Bay Lands LoanTiiiou Fund Loan ,.

ilo do doI 'o:ist Defense Loanitounty Ftmd LoanBounty Fund Loan

do do sterlingWar Loan, sterling^Troy & Greoutleld Railroad loan, sterling

1847

1873

1801 to '091861to'«i»1864 to '05

1^3isde180718701866187018H918701809186918.571870187118091874

1851 to '611803180318041808

183818381838

Various.18391837

AmountoutJitandlng.

1,0001,0001,000

100 4c,

5,000

100 &c.100 &c,

5001,0001,0001,000500

100 JtC.

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

.500 &c.500 &0.1,000

500 &0,100 Ac.

dodododododo

dodododododo

homesterlingsterlingsterlingdollar bonds!

doSouthern Vermont Railroad Loan...Norwich & Worcester Railroad LoanBoston, Hartford & Erie Railroad, sterling. .,

Harbor Land rmiuovcment (5-20s)Danvers Lunatic HospitalLunatic Hospital, WorcesterNew State PrisonReformatory Prison for Women

UMtigan—Renewal iMav BondsTwo Million LoanWar Bounty BondsSalnte Marie Canal bonds

183918391868187118721873

18571861 to '62

1B61186218631863186418641869

1858 to '011801 to '03

180818711875

1873 to '74187518001857

1868 to '6918741874187518751875

1858186318051859

lOOAo.

1,000500

1,0001,0001,0001,000

500 &c.ilOO&c*200

£200 &c500 Ac.i!100

2(H) &c.£.5001,0001,0005,0001,000£2001,0001,0001,0001.0001,000

1,0001,0001,0001,000

$921,000286,00023,00086,000

142,300

910,0003,901,738

101,175880,000340,000

132,!)00578,000303,000578,000792,500114,70080,00087,000

1,800.000200,00053,000

181,00070,000

2,500,000875,000

9,018,700

71.000385,000307,000

2,330,0002,827,000

2,028,8882,5,51,444435,000156,01531,009

209,000528,785298,43562,015

3,333.583225,000330,0004,54,361

50,000220,000

1,424,000600,000888,000200,000

4,379,5004,000,744999,944554,180900,500

2,952,4005,.598,9121,500,000700,000

1,300,000200.000400,000

3,599,024400,000900,000750,000

1,000.000300,000

104,000822,000358,00040,000

INTEEE8T.

Bate.WhenPayable

666

6

7& 86

67

8B868767-308

"h887

6666

Sg.

i«-536G6

6

6

5 g.6g.5 g.

5g.

5 g-

5 g.

^^

^^5g.5 g.

6g.

J, & J. N. Y., Am. Exchange Bank.J. & J. do doJ. A J. do doM. & 8. do doJ. & J. do do

Where pnrablo and bywliom.

VariousVarious

July.J. * J.J. <t J.

J. & J.VariousVariousM. AN.H. A S.

J. A J.

J. A J.H. A 8,

M. AN.M.A 8.

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

J. A J.

VariousM. A 8.

F. A A.J. A D.A. A O.

J. A JJ. A J.

J. A J.Quart'yA. A O.

Quart'.TA. A O

A J.J. A JJ. A J.

J. A D.m:. anJ. A J.

J. A J.

J. A .1.

.7. A J.

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

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

A J.

A JA JA O,A .7

A JA JA JA J

New York.

N. Y., Donnell, L. A Co.no dodo do

N. O., 7x)ulslana Nat. Bank.do dodo do

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

N. O., Ixinislana Nat. Bank.do do

N. Y.,Wln8low, 7>. A Co.do do

N. O., Lonislana Nat. Bank.N. Y., Winslow, h. A Co.

N. O., Citizens' Bank of La.N. Y., Winslow, L. A Co.

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

Augusta and Boston.Boston, Suffolk Bank,

do dedo do

Augusta and Boston.

London, Baring Bros,do dodo do

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

Prlnelnal whendue.

J. A J.

J. A J.

M. A N.J. A J

Boston,dodododododo

London,dodo

BostonIxmdon,

dodo

Bostondododo

I.,ondon,BoatoaBostondo

, Treasury.dodododododo

Baring Bros.dodo

, Trea-iur.v.Baring Bros.

dodo

.Treasury.do

Baring Bros., Treasury,Treasury,

do

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

Jan., 1878Various

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

1876-7S

1883 to "(M1876 to "OT1884 to "OO

July, 18931872 to 1906

188GMay 1, 1907March 1, 18751886 A '88

Jan. 1, 1890March 1 , i 900May, 1910

189919001807

July 1, 1910April, 1911

Jan,', 1914

1877-'78March, 1833Aug. 15, 1880June, 1880Oct., 1898

18901800 .

18651880 A 1890

18001890188518901890

1875 A '931885 A '89

AprU. 1882 to '8T

June, 1877 -

May, 1880July, 1876

dy, 1877 to -i

July, 1883July, 1883May, 1894May, 1894July, 1889

Oct., 1888 to '90April, 1890 to '94

April, 1882July, 1891Jan. 1, 1895

July, 1891 to '04July, 1895April, 1800July, 1877

Jan. A July, 1900July, 1894July, 1894

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

/IHrwi*.—The debt has been rapidly reduced oflate years, and, without the addition of new loans,will soon be extin^tished. The Illinois CentralRailroad charter tax on eamincfs contributes over$100,0uO per year to the State revenue. The assc^s-mcnt of all propertv in 1875 was tt.0!S5,529,858,Municipalities in Illinois are In some localitiesheavily incumbered v\ith debt issued to railroads.<V. 19, p. 15, 38, 526.)

/ndfona.—Tliere are also |l.')9,000 of war bonds.There it* a question as to the State's ot)ligation topay the Wabash & Erie Canal debt. A referenceto the origin of that debt, arising from the State'scompromise with the bondholders In 1846, will befound in the Cbronicle, V. 19, p. 49:1; see also p.

.536. A suit on the quctttion was brou2:ht and decreeof sale oblaineil (V. 81, p. aj; V. 22, p. 104). Tax-able valuation, 1875—real estate, 8831,416,973; per-sonal, 5531,667,147; railroads, 8i8,*)6,019; corpora-tions, $4.04.^), 50.3; tux rate. IK mills. A law per-mitting towns to issue bonds was passed in isro, themain section being as follows:

" Section i.—Be if fnnctti b>i the Oenfra'. Atsem-fUy of t/i6 State qf Indianay That any corporatedtown in this State which shall have heretofore, bythe action of its Board of Trustees, commenced theerection of any public buildings, to be used as amarket house, engine house or other public pur-poses, and shall not have the nocessarv means withwhich to complete such building, on the passage of;in ordinance authorizing the same by the Board ofTrustees of said incorporated town, issue the bondsof sucli town to an amount not cxceedin'4 in theaggregate $10,000, in denominations of not less than$.V* nor more than $500, and nayable at any nlacethat may be designated In the bonds; the principalin not less than one year nor more than ten years.ifter the date of such bonds, and the interest,annnally or semi-annually, as mav be therein pro-vided, to provide the means with which to completesuch buildings; pruvideil that such bondsjhiU not be sold at a price less than nincty-fcur cents on the dollar, nor bear a g*eater

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

ferring to contracts that have been made for publicIjuildings. .fcc, says that in counties where suchcontracts have been so made, the board of commis-sioners of such counties are authorized to issuebonds to an amount not exceeding one-half of oneper centum on the assessed valuation of the pro'i-

urty of such county, in addition to any loan for saidpurpose for which bonds may have been heretoforeissued, negotiated and said. (V. 23, p, 809.)

Manias.—Kansas has but a small State debt, butthe issues of municipal bonds have been large. Anextract from the State Auditor's report was given inV. aOy p. 14. Tlie valuation of real and per-sonal property In 1873 was $l'il,5i4,.S44; tax rate, 6mills for State purposes, and an average of .3.78 per$1110 for ai Ipurposcs. State funds hold $759,250 ofthe bonds. (V. 3J,p. 14.)

/.oi/i^io.'ta,—The funding bill passed Jan. 24, 1874,scaled the debt down to t;0 per cent of the face value.For coupons lacking on bonds funded, similar coup-ons are cut from the new bonds issued; interest onconsol bonds is paid in New York, but no inter-est paid on bonds unfunded. Tlie bonds are accord-ing to the N. O. Stock Kxclmnsce st.ttemeut of April15. Of these the principal amounts not fundable are,$111.003ofKR. bonds; $»S.llOi)school; $2S0.OOOMiss.A Mex. (Julf Canal: $80,0iX) Boeuf & Cr. Nav.;$87.5,001) N. O. M. & Chat, endorsed: and $2.500 000N. U. Mob. & Texas. The same tax of 14"^ mills,in 1,S75 as in 1874 (in 1873 the rate was 21X mills )

The total assessed value of real estate In 18^5 was$150,507,07:1: personal, $40.:!19..547; of which XewOrleans had «1»3.46.'!,-W9 of real and $28,118,83.3 ofpersonal. The jn'o-s revenue in 1375 was $3,^86,153and expenses S.3,18'i,t07. The $3,500,000 bonds toN. O. Mob. A 'Texas Railroad have been declaredvoid by State Supreme Court, but a re-hearinggranted. (V. 20, p. 78, 8i, 476. .VII, W8; V. 21, p. 15,

63 111), 159, 231, 489, 585, 61 !; V. 3), p. 6!,)

MaiM.—The sinking funds, January, 19T8, re-

duce the total debt to a net amount of $5,272,688.Valuation of total taxables In 1875, $25.5.000,006;

tax rate, 5 mills. Governor's message In V. 22, p.62.

Maryland.—The assessed valuation of property In1875 was $427,751,393, on which the rate of taxationin 1870 is 17^ cents per $100; income from dividendson railroad, canal and other stocks owned by theState was $13.3,491. The State has largclv a.s8lstedcanals and railroads, and holds $4,787,2)5 of stocksand bonds of companies paying interest promptly,leaving only $,5,916,582 of debt without any offset;the State also holds $22,,').55.1^ in unproductive se-curities. On two investments only, the Comptrollersays that the Stat > has met no loss, viz.. the Balti-more & Ohio and the Columbia A Port Deposit rail-

roads.

JI/ow«acAi««f/».—Governor's message on finances,V.22, p. 62. All interest on the funded debt ofMassachusetts is paid in coin. The credit ofthe State stands nigh in London and at home.During 1874 the debt was increased $987,400.and in 1S7.5, $4,500,000. The sinking funds inJanuary, 1876, were 811.726,309. Thelloosac tunnelhas cost the State over $14,.V10,000. Real esUtoast>essed in 187,5, $l,311.031.3.'fi; persjnal, In-cluding bank shares, $.')6(),815.162; tax rate, 1-06

inills; deposits in savings banks, $2:^7,848,968; cor-poration property (at)ove real estate and machinery),$84,213,6:)i. The loan to Boston Hartford A ErieRailroad w.is socurwl by deposit of $S,na(>,nOO

"Berdtir' mortgage bonds. (V. 20, p. 336, SSI; Y.21, p. 277; V. 22, p. 62.)

3/!c/(i<7on.—Tlic debt hns been largely diminishedin the last tew years. Assessed valuation of real

and personal property, 1871-72. $'130,000,000. and uxrate2^( mills. Surnlns revenue is applied to pni-chasc of bonds. (V. 20i p. 139.)

STATE SECURITIES. I [April 29, 1876,IaabacrllMrs will eonfer a Kreat Avar by sivlaK Immediate noUce of any error discovered la tbeae Tablea.

DESCRIPTION.

For•xplanattons see notes on flret pnge of tables

llinne»ola—Btttte Bulldine Loan

do ilo

do dodo do coupon

Railroad Bonds (not recognized)Mittouri—State bonddConoolUliitcd IxiiuUUniversity iinil LunatJi! Asylum bondsState Bank stock refundingBonds to North Missouri RailroadBonds to Cairo & KiiUoii RailroadBonds to I'latU' County RailroadBonds to Iron Mountain RailroadPaoltlc Rallroa<l of MissouriSouthwestern Branch raclflc Railroad. . .

.

Funding bondsRenewal bonds, coup., 5-aOs, (net Muh. 29, '7?

)

Hannibal & St. Josopn Railroaddo do renewal..

Ifevada—State l>ondsTerritorial bonds

Ktw Hampshire—War loan, coupon bonds

do doMunicipal war loanState bonds

Keu) Jertey—War loan bonds, tax free

do do dodo do taxable

JTctd rorJt—Bounty loan twnds, coupon

do do repstered stockOeneral fund debt—Astor stock

do do do deficiency loan4o do do do

r>.„.i j.K* J Under Art. 7, Sec. 3, of Con-vanai Mm, < gtituUon and Art. 7, Sec. 12.

Comptroller's bonds (by Rev. Stat's)North Oarolinor-Ballroad and Improvement bonds, old

do do do oldBR. and tmprov't bonds, new (not special tax)

do do do doFundine bonds, since war

do doReffistered certificates of literary fifndPenitentiary bonds, act Aug. 24, 1868Special tax bonds

OAk>-Reglatered loan, payable after 1875

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

Oregon—Bounty bondsWillamette Canal and Look

fetmtulcaniar—luolfued plane loanCoupon loan, April 2, ($28,000 are reg.)

do dodo May 4

Registered loan, May 4Coupon loan of April 10 ($35,000 are reg.) . .

.

Stock loan of Feb. 2 (registered)do do (registered)do do (oonpon)do do (registered)do do (registered)do do (registered)

f Agricultural College land scrip

Date ofBonds.

Size orpar

Value.

18671868186918731858

186.'ito'66186818721874

18.54 to '581857 to '591859 to '601854 to '591853 to '59

1857 to '66

18741875

1853 to '57

1874

18711872

1861186418721873

186118631864

1827 to '32184818481875

1872187318731874

1866186818671868

185018601856

1870

1849185218.521852185218531867186718671867186718671872

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

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

1,0001,000

1,0001,000

100 <&o.

100 Ac.

100 Ac.100 Ac.100 Ac.

1,000

§1

ton

500 Ac.500 Ac.1,0001,000

100 Ac.100 Ac.

iVooo1,000

100 Ac.100 Ac.100 Ac.

1,0001,0001,0001,0001,00050 Ac.50 Ac.50 Ac.50 Ac.50 Ac.50 Ac.

Amountoutstanding

$100,000100,00050,000

250,0002,275,000

439,0002,727,000401,000104,000

2,745,000392,000604,000

2,161,0003,735,0001,455,0001,900,0005,4,55,0002,715,000285,000

160,000800,000

418,000600,000

2,206,100600,000

000,000000,900693,400

1,057,0009,805,500661,500800,000

1,637,887473,000880,000

1,662,900847,500

4,302,6002,000,000

66,443

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

11,407,000

606,8844,072,6402,400,000

26,500200,000

400,000395,00087,000

2,812.000455,500273,00088,350

7,521,5507,369,000

90,4009,251,8.50723,950500,000

INTEREST.

Rate.

77777

666«6

UU

UC6C6

9%) A 109>3

666C

666

77

2 8-6 g.

5 A6g.6 g-6g.6g.6g.6g.6 g.

5A6g.

666666666

666

77

6g.5 g.4l2g.

ii?:

665656

WhenPayable

A JA JA JA JA U,

J. AJ. AJ. AJ. AJ. A

VariousM. A S.

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

J. A JJ. A JJ. A J

J. AJ. A

A O

J. A J.

A. A O.J. A J,

A O.A J.

A O.A J.

A. A O.A. A O.

J. A J,

J. A JJ. A J.

A J.

A J.

A. A O.J. A J.J. A J.F. A A.F. A A.F. A A.F. A A.F. A A.F. A A.F. A A.P. A A.F. A A.

Where Payable and byWhom.

St. Panl, Treasury,do dodo dodo do

N. Y., Bank of Commerse.dododododododododododo

dododododododododododo

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

State Treasury,do

Concord or Boston,do dodo dodo do

Trenton and Jersey City,do dodo do

N. Y. Manhattan Bank.do do

Albany.N. Y., Manhattan Bank.

Albany.N. Y., Manhattan Bank,

do dodo dodo dodo dodo do

Albany.

New Yoi*.dododododo

Raleigh, Treaenry.New York.

do

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

State Treasury.

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

dododododododododododo

Harrisbmg Treasury.

Principal—WhenDue.

1S771S781871)

1S83 to 1903Dec, 1887 .

18831888

July, 1892

1876 to '881877 to '891889 to '90

1876 to '891876 to '87

1876July, 1894

18931875 to '87

1881 and '82March, 1887

July, 1875 to '78 '

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

1879 to '80

Jan., 1877 to '84Jan., 1886 to '96Jan., '07 to 1908

AprU, 1877April, 1377At will.

July, 1878At win.

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

1868 to '981868 to '98

1868 to '981868 to '98

Jan., 1900Oct., 1898Indefinite.Oct., 18981898 to '9'.»

Jan., 1876July, 1881Jan., 1887

13841880

April, 1879July, 188-.!

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

Feb., 1877 to '82Feb.. 1877 to '82Feb., 1877-1882Feb., 1882-1893Feb., 1882-1893

mnne»ota.—A\\ the State bonds arc now held bythe permanent school fund. Minnesota is usuallyclassed amonii the States which have avoided theirebllgatlons, in cansequence of her refusal to recog-nize the "State Railroad bonds" of 1858 to theamount of $2,275,000. There seems to be a growins^feeling in the State that those bonds should beacknowledged. See Governor's Message, V. 22, p.(13. Property valuation, 1875. $213,8.55,7&. of which$49,162,4(17 was personal; tax, 21-10 mills. (V. 19,

p. 498.)

MUwnri.—Valuation of real and personal propertyin 1875 was $5*9,503,471. upon which the tax is 4Xmills. Railroad property was assessed at $51,649-312, as returned to County Courts; but at only$19,861,141, as returned to the State Auditor in1875. The State had $1 428,000 bonds maturinain 1875, and $:1,907,000 in 1876. To provide forthese, a law of 1875authori7.ea the sale of new bonds.The Haunibal & St. .Joseph Railroad provides for its

own debt. Bonds falling due are paid in currency,pursuant to a resolution of the Legislature, althoughsome of these bonds are payable by their terms in"gold or silver." Some dimculty has arisen aboutthe last six months' interest due on bonds mnturing.(V. 20, p. 83, 1«1, 290, 313, 336, 383. 477; V. 21, p.477; V. 22, p. 83.)

Ntvada.—The debt of Nevada Is hardly more thannominal.

JVeic fl'ai»p«Air«.—The debt of New Hampshirewas created for war purnoscs, and is being rapidlyreduced. The Municipal loan of 1872 was issued tocities and towns, the proceeds to be used in reducingtheir several war debts, which the State thus as-

sumed.

New Jersey-—The debt was created for war pur-poses. Of the first two classes of bonds the princi-

pal Is payable $100,000 per rear. Valuation of real

«nd personal property in 1875 $012,731,09), against

$«10,097,908 ; State tax, 8>f millB,

•New Font.—There is also $68,000 contingent debtto Long Island Railr lad, and $7,361 per annum forIndian annuities. An abstract of the Governor'sMessage was given in V. 22, p. 61, showing a netreduciiou of $i,744,503 in the debt for yeiir'endingSept. 80, 1875. The following were valuations andtax rate tor State purposes in the years 1850 and1865, and from 1870 to 1871

:

Year. Real Estate. Personal. State tax.

1859 $1,097,564,524 $3n,349,1.55 S),'

1835 1,1.58,32 -.HTl 3W,5r)2,3U 4 53-801870 1,5:12,7-^0,907 431,281,278 7 41-1561871 1,59'),930,1G6 452,6n,7;M 5 79-1'JO

1872 1,641,879,410 147,24S,n.35 9'<

1873 l,«9'2,.52:l,071 437,102,315 6 95-1001874 1.750,698.918 418.618.955 7i<

1875 1,969,358.70:1 407,427,:199 6

For the present fiscal year, lS75-rt, the Comptrollerreconi'tiended a tax rate of 3 mills, reducing therate of 187i by one half: this is partly owing to theconsiderable reduction in the Bounty debt, and theincrease of sinking fund resources. It appears thatthe assessed value of real estate liy local assessors is

$l,75X6i)8,9!8, while the full value, as estimated bythe State assessors, is $4,168,3.30,757. The Comp-troller says the actual value should be julopted asthe basis of taxation. The total amount raised bytax. State and local, in 1875. was $5B,9J6,4W. or 24millB on the $1 of assessed valuation. In 1874. thelocal debts of cities in N. Y. State were $137,539,0 '9;

of counties, »46,6S5,264. and towns, $25,140,181. (V.19, p. ;«0; V. 20, p. 28, 60, 615; V. ii, p. 63.)

North Carolina.—"SoTth Carolina is heavilyburdened with debt, la proportion to her tax-able property. A lengthy extract from the Treas*urer's report was given in V. 20, p. 84. Totalproperty was assessed in 1872 at $128,507,628, alow valuation. Interest is paid on bonds issuedto North Carolina Railroad ($2.803.0:X)). as theState holds $3,000,200 stock and receives div-idenis thereon. Otlier interest in default. A fund-ing bill passed the Legislature March, 1875. (See

Chbosicle, V. 80, p. 336.) In New York, bondsare classified thus: "Old." being those Issued priorto May 1, 1861, coupons on from Jan. '69; "N. C. B.R." issue of *2,800,000 to that road, coups, on sinceJan. & April, '69; tame "coup, off" have had 7coups, paid; "funding act '66 csrrv coups. Jan.,'69; "funding act" '68 carry coupons April,'69. " New "—authorized before war, except $1,5(10,-

000 in 1868; "Special tax, Ist," rarrj- coup. April,'69; "Sd" coup, of Oct. "tig ;

" 3d " coup. April. 1870.

(V. 18,p. 166, ^; V.20,p. e4, 161, 883; V. 21, p. 570.)

OAio.—Ohio has a very small State debt, butlarge local debts, amounting in IS75 to $'25,957,588.

Valuations in 1874 were : Real estate iu cities, Ac,$366,031,721; other, $696,883,.323; personalty, $535.-660,tl8. Tax rate in 1875, 3 2-10 mills for State, andan average of 2.') 9-10 mills for local purposes. Ofthe 1875 loan above $868,2W was paid Jan. I, 1876.and the balance April 1. Report on State and localdebts, V. 22, p. 64.

Oregon.—The debt is provided for by sinkingfunds, payable from land sales. Taxable propertyin 1875 wan assessed at $41,197,149; ^ mill taxwas laid for Relief bouds and 1 mill for Bountybonds.

PenMS!/li}a»U.—To\ii\ debt Nov. 30, $'23, 2.3:1. 1 37;available assets. 89,466,^72; net debt. $13,766,584.The financial system is remarkable in Penn-syivania,in the fact that no tax is laid for State purposes onreal estate. Revenue is raised from numeroussources, principally from corporations. Taxes arelevied on personal property, which «as assessed ac$159,382,242, and the tax was $574,817 in 187;. Stateexpenses have lately exceeded revenue, and sinkingfunds have been diverted to meet the deficiency^The State holds $1,751,331 in stocks aud $10,554,321of railroad bonds. Interest is paid ingold on ail tKeState debt issued prior to 1867. Any coupon bondsmay be changed to registered. The bonds due in1877 are payable at any time till 18S2; those o( 1S83tin 1892. (V. 21, p. 137; V. 22, p. 64,)

April 29, 1876.] STATE SECURITIES. vu

Snbacrlbem will confer a sreat favor by rItIbk Immedlat* notle« ot anr error dlt«sovered In tbeao Taklaa.

DESCRIPTION.

or cxplunatlons »oe notes on first p»KO of tivblos.

ikoilii Islaiut—W»r lionil

ilo

dodo

ImtUi Carolina—State stock8tat« House Htoek

do bondsFttndinf; bonds and stock ,

Blue KidKe Kailioad bonds....'Fundmc bills receivablePay nicDt of InterestFunding bank bills

Conversion bonds and stockLaud eonnnission bondsFlro loan bonds, sterling

do stoek, domesticBonds—Relief State Treasury-Consolidated bonds, eoup. (Funding act)

do stoek (Funaing act)

Railroad endorsementsTennessee—New ^^ndinK bonds, act of 1873Bonds registered, act of 1873Fundable bonds and coup, not yet presented-Bouds. re^isterable, not presentedHold by K.T. University (not to be funded) . .

.

'Fuivling State debtFundius 8t«tc warrants, act May 2, 1 874Frontier defense, gold, act Augiist 5, 1S70Kovci;uc deficiency bonds, act May 19, 1 871 .

.

do do act Dec. a, 1871..Bonds, act Mar., 1874 (for paying float'gdebt)VeteranPenslonbouds, aotAug., 70AApl.,'74Vwmonl—War loan bonds, coupon

do registered'Yirainitt^-Old bonds, coupon

do registereddo sterling, not required to he funded

CJonsol. (Act Mar. "71) coup, tax receivabledo do reg. , conr. In to ooap . .

.

do (Act 1872) coup., not receivabledo do reg., do

Deferred certificates (w . Va.)Interest on sterling debt, funded (Act 1871) .

.

.Vrrcars of interest unpaid Sept. 30, 1875

Date of Size orbonds. par <

value.

18(52 $1,0001863 1,00018(J3 1,00018U1 1,000

1794 Various1836 to '61 Various1853 to '54 1,000

1866 50,&c1854 1,0001868 1,0001868 1,0001868 50<),&c.1869 500,&c.

1869 to '70 500,&c.1838183818691873 Various1873 Various

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

.... 1,000

1866 & '71

1874 1,0001870 1,0001871 1,000187'2 1,0001874 1,0001874 100

1862 500,&c.186'2 500,<to.

1851 to '66 500&C >

Vari's J1851 to '661851 *100&e1871 100,(fec.

1871 100,&c.1872 100,&o.1872 100,&c.1871 Various1871 Various

Amountoutstanding.

$1,019,000205,000668,000746,000

23,0845'-'0,:il6

240,000401,700680,000177,000261,000370,500648,30022,000

481,944218.42310,000

3,670,000140.254

4,797,008

6,222,00016,289,0001,050,0001,074,000396,000

200,000499,000R!>7,000279.000500.000

1,000.0001,070,357

144,000168,000

•7,092,399

2,831,25019,030,0001,207,0001,564,6751,160,093

15,239.370212.833

1,199,864

INTEREST.

Bate.

666

6r.s«-

s«-

Sk-

66

65& 6

5, 514, 6

6107 S-107g.

lS«-

6

66566666

WhenPayable

M. & S.

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

Q.-J.J. 4 J.J. & J.J. &. J.J. & J.A. A ().

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

J. &. J.J. & J.

J. & J.

J. <fe J.

J. A J.

J. A J.

VariousJ. A JM. A SM. A SJ. A JJ. A JJ. A J

J. A D.J. A D.

J. A J.J. A J..r. A J.J. A J.J. A J.J. A J.J. A J.J. A J.J. A J.

Wbere payable and bywuoni.

Providence, R. I. IT. A T. Co.do dodo dodo do

Columbia, State Treasury,do d«do di>

Columbia and Now York.(Joliunbla. Troastiry.

Columbia and Now York.dodododo

dodododo

March, IBS-JApril, 1893July, 1803Aug., 18B4

At plea«nre.1 877 to -801871 to '80

July 1,1887 to '07July 1,1875 to •79

July 1, 1888July 1, 188SJuly 1, 1889July 1, 188-2

I/ondon.Columbia.

Columbia A Fis. Agen. N.Y.New York or Columbia.

do du

N. Y., FourtU Not. Bank,do do

N. Y., Fourth Nat. Bank,

N. Y., Bank of Now York,do dodo dodo dodo dodo dodo do

Boston, N. B. Mut. Rod'n.Montpelier, Treasury.

New York.Richmond, Treasury.

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

dododo

London, Baring B. & C%

Priuolnal—wbeooue.

July 1,1 ROHJuly 1, 1868

1888July 1, 1893July 1, 1898

uly 1, 1918-75 to 1000

19001875 to 1900

Various.

1877 and 1891Jan., 18841910

Sept. 1, 18761892

March 1, 19011894

1875 to •781875 to '90

1886 to '95At pleaaura

188619051906

Contingent19CS

Mode Island.—The debt was all created for warimrpoees and is being steadily diminished. TheV lUiation of real and personal property in 1873 was? J17,798,5S0, and tax rate 30 cents on $100. .

So. Carolina.—TheGovemor'amessageon finances':i V'. 21, p. 5:J5. The funding law approved Dec.-'^ 1873, provided for scaling down the old debt byuMving new bonds to the extent of 50 per cent, anddrclared void the conversion bonds to the amountor $5 9*15.000. TUe January and July interest wasp lid on con!*olldatcd bonds, but a loss to the Statecf shout. $2iX),000 cash by failure of a trust cora-

i..uiy caused u suspension of payments afterwards.Total valuation of all property— in 1875, real estate,

*88,:Ti,31f ;personal, |4«,791.006; rat« of taxation

in 1S74, 13, mills. (V. iO, p. 81, 241, SSI, 358, 547;V. 21, p. 48S», liU.)

TenMsese. — On the first July, 1874, the pay-•ii-nt of interest was resumed, and the interest

.I'i'- Janu.iry 1, 1875, was paid by help of ai<>:in of $300,0(^>, but default again made July,tSIC The (fOTcrnor's letter in "December. 1875,

on the finance?, discouras^ed the expectation offurtlicr payments soon, and suggested " scaling."

The law passed in March, ls73, provided for

funding all outstanding, legally issued bonds, duebetween Jaly 1, 1874, and July 1, 1864, as well asall past-due coupons, and coupons maturing onor before Jan. 1, 1874, in a 10-40 year ti per centbond. The total debt given above is, substantially,

'. 'oirding to the last report of the Comptroller,iiuary, 1875. The Comptroller estimated debt of/.vent railroads at 43,288.85)6; due from purchasers

,1 riiilroads then sold, $:ir2.0(X); value of Knoxville,t Charleston ro.nd, $100,000. The State's endorse.lucuts for railroads arc $1,303,000, of which $1,560,000

is taken care of by the roads. Total valuation ofreal estate, $3d'),000,000, and railroad property,$51,000,000. 'rhe rate of taxation is 40 cents o? the$100. -Tennessee bonds, sold in New York as "old,"are those issued before 1863, and having couponsof July, 1'69; Old "ex coupon," have only thecoupon of July. 1875; "New." issued since 1863 car-rying coupon of July, 1869, " ex coupon" July, 1875,only; '"New Series," the new funding bonds. (V.18. p. 14.3, 217. a50.497; V. 19. p. 1H7; V. 30, p. 14, 84,181, 383, 491; V. 31, p. 87, 813, 614.)

Texas.—The State Comptroller, in February,1S78, reported total funded debt $1.219, 7.')7; fl»atlngdebt, ^."i43,;37, and bunds of doviotful validityremaining in hands of State Treasurer, $812,210.The valuation of taxable property in 1875 was$250,853,759, against 34;,841.8S0 iu 1874. Tax rate,50. From the Comptroller's report we have thefollowing statistics for 1875:

Total value of taxable property assessed. $210,853,798Statetax I,254,a54Poll tax 198,313County taxes 1,959,154Mllei of RU. In the State ass'd for taie?. .

.

1,4S7Value of railroads $16,605,133No. of acres of land assessed in the State 6ti,637.920Value of lots assessed in the State 41,6ti6.937

(V. 19, p. 15, 117, 143; V. '30, p. 84; V. 32, p. 88 1 .)

Termont.—Thla State has a very small debt—all

created for war purposes. Of the registered bonds$13r),.V)0 are held for Agricultural College. Thesinking fund, Aug. 1., 1874, was $37,933.

Hr^inia.—The Fandlni; set of 1S71 provided

tha' coupons of the fanded bonds should be receiv-able for State ;.-.iCo. For J-3 of the old bonds anew bond was issued, and fcrtheotherj^a deferredcertificate given (as the proportion doe by WestVirginia). 'The act of 18'2 amended that of 1871 bynot allowing coupons to be received for taxes. Allthe amounts marked (*) may be fnudcd under theamended act of 1872. The sinking fund holds $2,446,-98^ of State bonds and certificates. All interestover-doe and unpaid to Sept. 30, 1875, (on the basisof 4 per cent) wiis $1,199,864. A part of the inter-est due July, 1374. has been paid sinre Jan 1, 1876.Assessed value of property is $.339,434,152; tax rate,5 mills. The circular of Messrs. Branch A Co.,bankers, April, 1876. said: "The Lejtislatnre hasadjourned, and no law in any way affecting thebonds of the State has been passed, if we except 8clause in the tax bill subjecting the conpons cutfrom bouds hold by a nonre^-ident of the State tothe same tax as hss heretofore been deducted fromcoupons held by residents. This tax amounts to$170 on each coupon ot $30, or five and two-fifthsper cent -the coupons being received at 94'60percent of their par value in payment of taxes. 'TheState U still in debt for money borrowed to meettemporary deficiencies in the revenue; and the pay-ments to the sinking fund have been suspended, asalso the payments of interest of .Tiily, 1874, on thenon-consojidated debt. The tax bill inclndes someadditional subjects of taxation, which will make asinull increase in the revenue, but it is now certainthat no ca$h payments will be made during thepresent year on account of interest, except that thesmall balance due on July, 1^74, interest may bepaid." Auditor's report, V. 21, p. 804. (V. 1», p.295 50«, 586, 8«; V. 30, p. 14, 306, 336, 375, S47;V. 21, p. 527, 604.)

TUl CITY SECURITIES. [April 29, 1876.

Sabaerlb«ni wUI eonflsr • crest fhror br Klvlnc InamedteM n«Uee or any •rror dlaeovered In tbese Tsblea.

DESCRIPTION.

For explanations see notes on first page of tables

Date ofBonds.

Size orpar

Value.

Amountoutstanding.

INTEREST.

Bate.Wlien

PayableWhere Payable and by

Whom.

Principal—WhcDue.

Albany, .V. Y.—Albany & Nurtliem Kallroad loanKellcf of draft I'll mi'nPurchase ('oiiKross Ilall Block<1ty IniproviiiicutWashington I'urk<1ly iiuprovc.nientNew PostODIce siteWater stockAdditional iiU|>)ily

Bonds loaned to Albany ^ Susquehanna RR..do Albany & W. Stockbridgo RB,

Awrutla, (la.—Bonds for various purposci

SaJtimore—Consolidated loan of 1890Watpr loant^xinsolidikted boimty loanExempt bounty loanPtiblio parks (l)ruld Hill)

Park Iniiiiovenicnt loanFive million loau to Baltimore & Ohio BR. . ..

One million loan to Pittsburgh & Clncln'tl RBNewatyHaUdo dodo do

Consolidated loanCourt house loanFunding loan

doWestern Maryland RailroadJones' FallsValley RailroadPatterson Park extensionEndorsements for York & Cumberland RR. .

.

do do Western Maryland RRdo do UuionRailroad

BaMigoTj Me.—City debt properMunlulpal loanWater loan bonds, coup. (Act Feb. 2l!,»1875)

.

European & Noitb American RailroadBangor & Piscatotiuis Raili-ood

Botton—Renewal city debt, sterling .'.

For city piuposes, war debt. Acdo do do

Burnt district, sterling loanConsolidated street Improvem't, sterling loan.Boxbury debt, ussiimedDorchester debt, assumedCUarlestown debt, assumedMystic water debt, assumedBrighton debt, assumedWest Roxbury debt, assumedWater loan, new main , Brookltne Reservoir. .

.

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

Water works, Roxbury, coupondo Roxbury &, Dorchesterdo Dorchester, all registereddo W. Roxbury & Brighton, all reg

Additional supitly waterVarious punioses, for water worksWater loon bouds, gold, coupon or reg

Brooklyn—Debt of Willlamsljurgh, local improvement..Brooklyn local Improvement loanMoimt Prospect 8<|uare loanSoldiers' aid fund loanNational Onard and Volunteer Firemen's loanThird street improvement loan, localGowanus canal improvement loan, local

laiw1804I8601870

1870,1 .•2.4

18711874

1851 &'a187418651841

Various.

Various.185418ti31865186018631853ISiW1868187018741864

187018741872187218731872

dodododododododo

dododododo

Bushwick aveiuie doSouth Seventh street doUnion street doFourth avenue do

do doWallabout Bay doBedford avenue doKent avenue basin doNew York Bridge loan, registered and couponProspect Park loan, registered and coupon

do do

local.

1853 to '65

18741875186!)1869

18531852 to '641864 to '75

18731869

1860 to '641861 to '691857 to '731862 to '731866 to '73

18581865 to '71

18711872

1868 to '701871 to '75

18711875

1872 to '731871 to '74

1875

1859 to '61

186118571865186418671866186518661867186218671867186718691870

1860 to '731860 to '72

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

250 &c,

100 dEC,

100 &c.100 &c.100 Ac.100 &c.100 &c.100 &c.100 &e.100 dee.

100 Ac.100 Ac.100 4c.100 &o.100 4c.100 &o.100 40.100 4c.

100 '4o.

100 4c,1,000

500 4c.1,0001,000

£1004e1,0001,000

£1004c£1004c1.000

Various,500 4c.1,000

Variotis.Various.1,0001,000

£100&c1,0001,000

1,0001,0001,000

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

$246,00046,000151,000348,000529.000242,000118,000500,000400,000

1,000,000103,000

2,000,000

7,306,.'>465,000,(X)02,211,068410,3535.-)5.566

185,7235,000,0001,000,0001,000,0001,000,000500,000891,646137,414800,000

2,000,0001,000,000473,900

l,015,.30O200,000500,000

1,375,000117,000

320,000100,0003.'i0,000

1,000,000814,000

666666666665566(>

666666

6666

64 7

M. 4N.J. 4 DF. 4 AM. 4 H,

M. 4N,M. 4 S.

M. 4 N.F. * A,F. 4 A.M. 4N.J. 4 J.

Various

New York.do

Boston, Merchants' Bank.New York.

dodododododo

Boston.

Augusta.

Balto., Farm. 4 Plan. B.ink.Balto., N. Mechanics' Bank,

do dodo dodo dodo do

Balto., Farm. 4 Plan. Bank.Balto., N. Mechanic*' BankBalto., Farm. 4 Plan. Bank,

do dodo dod« do

B.1U0., N. Mechanics' Bank.Balto., Farm. & Plan. Bank.Baltimore,Kcglster's Oflice.Balto., N. Mechanics' Bank,

do doBaltlmore,Regi8ter'» Office,

do doBalto., North. Central BR.Balto., N. Mechanics' Bank.Baltimore, Fianklin Bank.

683,205 t>flg. J. 4 J.4,446,300 Sg. Various17,617,925 6 Various4,997,603 5 g. A. 4 0.3,585,389 5g- J. 4 J.487,750 5, 5I2, 6 Various132,500 51s, 7 Various

1,247,805 5, 6, 7 Various1,280,000 546 Various405,640 6,612,7 Vai-ious495,000 6, 6I2, 7 Various394,000 5g- A. 4 0.

2,376,000 6 1. 4 J.

688,000 6 A. 4 0.1,949,711 5 g- A. 4 0.700,000 6 ,r. 4 J.465,000 6 Various375,000 6 J. 4 J.210,000 6 Various600,000 6 Various366,000 6 Various

1,000,000 g. A. 40.

138,000 6 J. 4 J.213,000 7 M. 4N.90,000 6 i. 4 J.

552,000 7 r. 4 J.27,000 7 J. 4 J.

302,000 6 J. 4 J.283,000 7 J. 4 J.249,000 7 J. 4 J.298,000 7 r. 4 J.326,000 7 J. 4 J.190,000 6 T. 4 J.230,000 7 r. 4 J.589,000 7 J. 4 J.278,000 7 J. 4 J.427,000 7 J. 4 J.

4,000,000 7 J. 4 J.8,016,000 7 J. 4 J.1,217,000 6 J. 4 J.

Various Boston, Merchants' N. B'k.J. 4 J. Boston or Bangor.J. 4 J. Boston, Merch'ts' Nat. B'k.J. 4 i. do doA. 4 O. do do

I.x>ndon, Baring Brothers.Boston.do

London, Baring Brothers.do

Boston.dodododododododo

London, Baring Brothers.Boston.

dodododododo

Brooklyn,dododododododododododododododododo

Jlay, 1879.Tune. 1880 to 'f

Feb.. 1885 to '9'

March. '95 to 19(1

Nov., 1910, II,';March, 1876 t«'i

Feb., 1876

5m

1S95-'!>TJuly 1, l«7ii

1876 to 'Hit

July 1, 18!)0At pleasure.Sept. 1, 1893Sept. 1,1893Sept. 1, 1890Jan. 1, 1895.Tan. 1, 1"""Jan. 1, ! ~

July 1, ;-

April 15, l..ui.

March 7, 19021885

At will..Tuly 1, 1900Feb. 1,1894Jan. 1, 1902April 9, 1900Oct. 31, 1886March 8, 1892Jan 1, 1877

Jan. 1. '90 4 19(Jan. 1,1895

1875 to '94Jan. 1, 1894July 1, 190.'>

Jan. 1, 1894April 1, 1899

July, 187818f4to'871875 to '95

April, 1893July, 18991874 to '851875 to '821876 to '931875 to '941875 to '831875 to '92Oct., 18781876 to '99April, 1901Oct., 19021880 to '991901 to 1905Jan., 1901

Jan. 4 April, 190:1902 to 19041901 to 1904Oct., 1905

1879 to '8118911887

1885 to '941880 to '81

18811876 to '901876 to '901876 to "901877 to '861876 to '951876 to '951876 to 'IK)

18771879

1901 to '24191 5 to '241915 to '24

jUftony.—There are sinking funds for municipalbonds and for water stock. The loan to Albany &>Sa»iueh. is secured hylstmort, The assessed valua-tion of property in 18:4 by State authorities was:RealeeUte, $48,!6I.2(I8: personal, $6,508,101; total,$49,669,301. Estimuted true value of real estate,$102,764,770.

Augufta.—Of this debt, $600,000 wss issued forrailroads, and balance for canal enlargement andwater works.

Baltimore.—The fiscal year of Baltimore endswith Oct. 31. The city credit has been loaned ex-tensively to railroads, m exchange for their scciiri-Ues, which it holds to a large nominal amount. Thesinking fund for Bait. & Ohio lUilroart $.5,000,000loan is $1,74H,973: West Maryland Raihoad sinkhiL'fund, $149,1«r); and the .total of the several othersinking funds, $«,457,(i(il. The Bait. & Ohio RR.pays Interest on $."),000,00(i loan; Water loan is paidby Income of water works, and Public Park by CityPassenger Railway, and out of a total debt of$22,943,425 only »10,1M,;9i Is dependent on the taxlevy. The assessed value of ))roperty in 1878 is$a3I,!K)3.119; tax rate, 187(i, $1 80 on the»100forcitypurposes, and .175< for State. Population in 1870was 967,354, against iXi.i'.H m 1860.

Bangor, Jf«.—The valnatlon of real and personalproperty is $10,510,«»l; rate of taxation, 2.90 percent. The loans to Euroiwan & North .\meriranRailroad and to Bangor & Piscataquis Railroad arejsecured^y first mortgages on those roads.

Boeton.—'rhe population of Boston in 1870 was892,497, against 177,810 In 1860. Valuation of realproperty in 1875, Including the recent annexations,

I

was $6.58,769,500, and personal, $-234,998,400; nponwhich the rate of taxation is $13 70 per $1,000—$12 66of this for city and $1 01 for State purposes,agamst a total of $i5 60 per $1,000 in 1S74. Thetotal debt, both funded and unfunded, at the cli.sc ofthe last fiscal year, April 30, ISIR, was $43,5Ta,b 1 1 . andthe sinking funds, bonds, morteagcs, Ac., $16 218,40i.The sinking fund provisions arc sufliciont to meetthe debt as It matures. In March, 1876, Mr. Turner,city auditor, gave his estimates for the revenue le-quired for the coming financial year 1876-77, com-mencing May I, 1876. This estimate is based on anassumption of meeting the actual wants of themunicipality and avoiding the borrowing cf moneyfor other than the water works, and extensive andcostly improvements; the tax per each $1,000 willbe reduced from $l:i 70 last year to §13 45 per gl.OCOthis year. The following Is a comparison of the ap-propriations asked for and income to be received,compared with the estimates for lS7'5-6-

Appropriations.Income

Per ecntage.

187.'>-6.

.$13,302,30,5

. 2,864,425

$9,437,' 80283,136

1876-7.

$]1.;131,887

•i,<ii<f,<i(X)

$8,391,487251,7J5

$9,721,010 18,613,232Placing the tax to he paid to the State at the sameas last, year, the estimated tax warrants exhibit thefollowing result:

167.5. 1876City and County $9,rei,0t6 00 $8.64.3,232 00SUte. 802,120 00 802.120 00

$10,523,136 00 $9,415,352 00Dnringthe last forty years, with a single excep-

tioii, the taxable valuation has shown an annnaincrease. Mayor Cobb's message. January. 187*1

gives a net decrease of debt In 1875, amounting t<

$305,679. (V. 22, p. 61.)

Brooklyn.—The statement of debt is from thrMayor's message dated .lannary 1, 19',6, whielimade the whole city debt as follows:

Permanent loans $2fi,06'!,00(

Sinking funds 3,4t!'i,7St

Balance $22.'''

liOans chargeable on specified property. . JO.i

Tax certificates, £:.;

Total $35,0.il,268<

—The Mayor, in his message, January, 1376, stateethat the deht chargeable on taxation riecreaseriin IS75 tf,,'iif. against an increase of $612,CS!1 hi1874. $2,426,516 in 1873, $l,.5»1.411 iti 1872, and$3,.590,581 in 1871. Population in 1870, 890,200, against266,661 in 1860. Valnatlon of property in King'sCounty ill 1874, by the State Board of EqualiziUion,$170,085,370 for real estate, and personal, $18,975.!)8n;they estimated the true valne of real estateto be $426,393,740. The Board of Supervisor!-value the total taxable property of Brooklynin 1815 at $22.5,1-6,755. or about 65'per cent of frncvalue. The debt of Kings Countv, separate fromthe debt of Brooklyn, is $3,936,0(i0, ol" which thecity is responsible for about $3,739,200. Averagetax rate in 187.5, S3 41 per $100, against $3 .52 in1874, and $3 46 in 187.3. (V. 19, p. 142, 652; V 20 n.520.)

'^

II

April 2J, 1876.] CITY SECURITIES. IX

Saltscrtben irlll eonftor a mremt fltTor hj (ItIbc Immediata aoUe* ora«r error 41a«ovar*4 la tbaaa Taklaa

DESCRIPTION.

IIP explanation/* aci< notex on tlret page of tableii.

Date ofbonds.

,toklini,—(Vontilined)—I hiBcloBoy bondsiNimiancut water loan

do «lo-;. wciiii:!' tiDiuls. I'ontlniioiiH, local\^s< -^Miifiil fiinil Uiuulh, roittlmiouH loi'al

< t III r;L: anil Kiiit-kt'i'bockL-r avenue bondii>.iii!l Hiodkljn do doItoiiii \ard bondsliiiij.ijrarv tax ccrtlfleatcs

!\,iftnt.,. v. v.—I imlnldcbt bondx, various puriwsos!:i!(V. <• A: Jam«!st(iwu Katlroad

..New YorkiPMladelphlaBallroad...|works bonds

I i ouds (Alt May 17, 1875)

( I ty stockI i ty bunds, ooiiiionin: loan bunds, coupon<invor)<iuu bonds, to redeom past due debt

ucagw-Water loan

do-•uwerage bonds

doKiver imiirovpmcut bonds^lunicipul lM>nds

187218.57 to '72

1872 to '75

^f imicipal and S<:liool bondsJiouth Park loan (secured on South. Dlv.) .

\V«wt Chicago Park (secured on West. Dlv.) ...

looii < ounty debt

I'ci li.'id E(f(!lc8ton avenue sewrr B2oaii.s to Katlroads F, A, O, U, I&M;'mds to O.ilt M. KK. to piu-cha.He wUf. prop.Ni»n<lM fur on'cttuii M a Workhouse

it.inilH for WatiT Works C2i(Mi toni'.N fur ( ominim School purposes P2iionilH for rouimon Schmd purposes PKond.s to O. >t .M. It It. to purchase whf. prop. .Nllonds forest, and iiupr. Water W..C, V. icKliondti for fiuidiui!,' Hnatiugdebt A2lEnudn for new Hospital 8><inds for new Hospital 82i'luds for fuudUi); floutinKdcbt LlOiteuKion and improve. Waterworks. ..K &FHonde to purchase Orp'n Asyl. grds. for park.Ollond^ for se wcra>fe RfSondi* for iMiproviu>r (Gilbert avenue VItouds to liuild Kg^lcrttou avenue sever B3Hondw for improvement bonds Witondft f()r Water Work purposes C4* fcueral improvement W2< incinnati Southern KB

do dodo do sold or sterling

I'loatinif debt bonds, coupon\V'ater-w orks bonds

' 'Bi)e/af«f—WaterworksI'undcd debtLake View ParkCanalViaduct, street and brid^SchoolI louse of CorrectionMain Rewers, special assessmentstreet improveni'ts do-<lre< t, oiHMiiugs, ito. do

1 O'tlumt.utt. ila.—Sub.ocriptlons to various railroad stacks

1 lionds forfunding and other piu'posesIh'lniit. 3Sif.h.-

Ilonds for various City purposeslionds for Water Work Co., on city's credit. .

.

1 "ublic Building stock (City Hall) bondsI'ublic i-e\ver bonds

KHzaheth, .V. J.—I mprovcuicnt bondsl''uutU d debt bontlsSchool House bondsMarket House bonds<-on.solidatlou bonds

18701872187»

1872 to '73

l85.Sto'7.'i1873 to '751871 to '73

1888 to •7«

187U

1853 to '.54

1866

1870 to '72

1863 to '72

18681842 to '.•54

18.55186818681868

1860 to '611855

1847 to '501847 to '48

186718681853185318581869186»186918711871187118721874187618741875

1854 to '75

1854 to '741872 to '74

1874 to '75

1878 to '75

1864 to '711868

1860 to "74

Slic orpar

value.

Amountoutstanding.

R1,0001,0001,(H)01,0001,0001,000

1,000

1,0001,0001,000l.tMM)

1,000

500,&o.1.0001,(MX)

500 &e.],0001,000

500 &o.

1,600500 &a.

1,0001.0001,0001,0001,0001,0001,0<X)1,000

500 Ac.500 &c,1,0001,0(H>1.0001.0001,0001 ,(KH>1,0001,0001,0001,0001.0001.0001,000

500 &c1,0001,000

1856 to '721866 to '71

1855 to '59

1835 to '7518.59 to '711872 to '74

1869 to '741870 to '751872 to '731865 to '66

1875

1,000100 io.

1.0001,0001,0001,0001,000

l>319,0009,4l(;,(M)0l,3Hi),(K)0l,6i».5,:-,0O

4,435,5(K)618,000103,000842,(K)0

2,370,000

2,209,2501,000,000750,000

2,77!t,:i82

100,000

4,119,00351,.500

297,700281,,500

91 <!,0003,6(iO,000

M7,0002,550,0002,«2 1,000

195.(K)03,423.0002,000,000640,(iOO

3,6H1..50O

150.0001,075,000210,000250,000300,000100,00099,000

195,000397,50014H.5005(X),000250,000HO.OOO

175.000100,(HK)1,50,0001 .50,000100,000136,000150.000600,000200,000

10,000,0003,000.000.500,000250,000

1,575,0001,722,000315,000195,00071M.0OO424,000200.000««8,300

l,393,t!00856,600

329,000243,800

125,4001,201,000684,000272,500

2,969,000703,00090,00080,(K)0

1,500,000

**"•"• payable

6(S

77

67(S

77(i

77

6 &7

7 3-1066

7 3-107 3-107 3-10

H666

7 .3-107 3-10

666

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

777

7 3-106 K.

6& 76 A 7

777

6&70&7

INTERraj.

Where parable and \tj

M. A N.

VariousVariousVariousVarious.51. & 8.

Q.-,VariousJ, A J

J. & J.,;. & ,1.

J. i J.J. & .T.

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

Various

J. AD.VariousM. A N.J. A D.VariousJ. A J.J. A J.M. A N.A. A O.M. A N.J. AD.M. AN.J. A J.VariousM. A S.M. A 8.

M. A 8.

A. A O.M. A 8.F. A A.J. A D.J. A J.,1. A J.

M. A N.M. A N.

Various

J. A J.VariousVariousVarious

VariousVarious

VariousVariousVariousF. A A

VariousVariousV^ariousVarioUNA. A O

arablernom.

Brooklyn,dododododododo

Buffalo and Now York.Buffalo.

Buffalo and New York,do dodo do

Cliarloston.do

New York City.

N. Y., Am. Ex. Nat. Bankdo dodo dodo dodo dodo dodo dodo do

N. Y., Metropolltun Bank.

N. Y., Am, Exuhange Rank,do dodo dodo dodo dodo dodo dodo do

N. Y., Am. Exchange Bank,do dodo dodo dodo d»do doCincinnati.

N. Y., Am. Exoh. Nat. Bk.do dodo dodo dodo dodo dod» dodo do

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

N. \.,dododododododododo

Exob. Nat. B'k.dodododndododododo

New York.New York and Columbus.

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

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

N. Y., Farmers'dodododo

. A T. Co.dodododo

Principal—wbeodue.

1881 to 1902

3 yearn from date,3 yearn from date.

188018761875

1876-7

1876 to 180.51 893 to 1 8»&1881 to189.<<1878 to 1026Prior to 1930

1875 to 'OS1883 to '84

18*0

1877 to '83July I, '82 to '05

,liilr 1, 18801 880 to •<» '

1 890 to '95July, 1876 A -OS

1881 to '9»1874 to -TO

18901873 to 'S*

Deo., 18781878 to '84Nov., 188.5June, 18881 888 A 1889July, 1888Jan., 1890Nov., 1890

April 1, 1805March, 18A7June, 1897Nov., 1897Jan., 190O

June A Oct., 1900Maroh, 1908Sept., 1899Sept., 1899Oct., 1899

March 1, 188AAng. 15,1886Dec. 1, 1801July 1, 1903

1902May t. 1906May 15, 1904

1878 to '051876 to '941887 to "921894 to '951893 to '951876 to 'SB.

1878, "83 A '841876 to '921876 to '841876 to '85

1870 to '951875 to '89

1875 to '891875 to 19001870 to '911802 to '04

1875 to '851880 to '051881 to '031875 to '861885 to '98

.•</jiO.—The funded debt, Janimry 1, 1876, wasrw.;99, mid (l,iatlns debt. |!39ti.0i«. In 18?5 realilcwiw usse«.sed at 83'),lM;i.r3,1. and personal atiei,3T0-total. S3't,!l«S,l05. BaflFaloalsopavsMOins $718,390,1 "f Erie county debt. City tax-rate,

<::k $W 53 on the Jl.OCO. (V .22, p. 233.)I'liarh'-lon,, S. 6'.—The bonds of Charleston arc

iKiatly held within the State of South Carolina.The total awHc.ssed value of property In 18'3 was$S7,»VK,!»»1 : rate of tax. 2 \)er cent. Sinking fundsrodnce the total del)t to |4,()74.e(B.

Chkago.—ttie. total fimded debt at the clo.se

of the year 1875 was $13,457,000. Certificates'if indebtedness, IH.tUI.OlK). Assessed valne of

! proi-erty, '74. I(ii.5«,.5*!),3i0; personal, *4.5,15.5.8;«)otal, #:iiH.-0.),140. Tiix rate. 18 mills. The Illinoisite vali.ntimi is $321,118,8*), and the civ debt la

limited to 5 p. c. of that. The comptro'lbr savs:"Owing to the «1se provision in the Constitutionofthe State our funded delit cannot be increased abovethe present amount for some years tocorac. Of our$13,47'i,ono of funded dclit tt.Wl.OOO is on account ofthe Water Works, which last vcar vielded an incomeof »730,141 81. and from 'he rapid" extension of theinalns and increase of population, will yield muchmore largely in future. Practically, therefore, theamount of our funded debt is ta,8'J7.0J(), being theremainder after deducting the water debt. Fromother socrccs the foil iwin,' is compiled:

Year ' .\»se.-*scd Valne.—-^ Tax.^, Real Estate. Per. Katatc. Rate.

!2SS »31..587,.5t5 $.5.5.12.300 $1.-. 00'»* UVUVii.' 7.47»..57i 8)003»} 87,143.0W 11..581.7r)!) 2n 00I8I5 44,0tH,49» 20.1i44,B78 20 00

JUJ 88.49.5,116 19,«r.»41 20 ()()

3*7 140,8.57,040 51..1'),>,804 13 00'-*» 174,505,410 5.VJ3;),46!» 14 00

^—-Assessed Valne. ,

Real Estate. Per. Estate.211.3.1,240 ril.tiW.BK)

TaxRate-is 0015 00100015 0018 0018 10

Y'oar.

18B91S70 8J3,B41,B00 52,3)S,!)501871 2.'«i,898.f>'i0 52,81J,8201872 239.15I.S90 4.5.042,54)

187S 202,989,821) 49,10:i.l75

1814 258..549.310 4.5.155,830

Population in 1870 was 33«,8a5, and In October, 1874..i95,2«>, against 109,200 in 1880. Cook Co. debt is all

7 per cent, and interest is all pavablcin ,T. & J., or inM. A N. The So. Park, W. ('liicagoI'Krk, and Lin-coln Park loans are not debts of the city, but ofdistinct corporations. (V. 21. p. 207.)

Cincinnati. ~\\\ a'ldition to the issues abovenamed, there remain several small amounts, asfollows: $25 DO) (T.) (Is, due July, 18."6; $108,0iK) .5j.

Xovcmber, 18«; *58.C0O (YY2, * O.I lis, 18S8-8S;817.00) fis ((i.). NovcmbT, 1890; $27,0'X) 68. (.V),March. :.S97. B< the census of 1870 populationwas 21H,!iflO, against 161,014 in 1880. Ta;; rate for1875. $2-* 82 per $1,000, agaln-t $2:1 38 in 1874. Un-der the laws of Ohio real estate has been valued forpuri>oscs of taxation once in ten years. The follow-ing table from the books of the Auditor of HamiltonCounty. Ohio, exhibits the assessed valuation of thecity of Cincinnati in the year 1860 and from 'iO to '74:

Rate taxPersonalestate.

$31.411,SIi57.370,754.58.934.0H.55,46-'.410

61,166,460

5'ear.

1880..

1870

Realestate.

$61,821,90178.738.4S2

1871.. 123.4-27,888

1872.. 119.621.8561873.. 121,479,3301874

1875.. 135,97«,8iS 58,5*1,730

Totalvalualnn.$»3.0B.7i8136,10;.a36180.Snl.93217S,a64,«Ull

185,645,740181,930,074

181,498,565

per$1.0:10.

$17 4531 61)1

32 2020 10 !

23 06i

23 38I

28 K '

The debt of Cincinnati, exclusive of the new loan for

the Cincinnati Southern RK.. > small, bein« about$7,30,1,000. The city will be the sole owner ofthe stock of this railroad, and thus not "aid In

building railroads," Ac. (V. 18, p. 454, 528; V. SO, p.

14; V. 81, p. 511; V. 22, p. 20'.).l

Cleveland.—The total valuation of property fortaxation is $7:i,no.l44 and tax rate 18 8-10 mill", ofwhich 4!« mills are levied for interest on the debt.The sewer, street imnrovement and street openingbonds are for speclHl local improvements, and re-

deemed by assessments on the property bencfltted.

Columbw, (M.—The total debt is $532,500, andthe annual interest required about $40,000. Bondsare all coupon, and were issued in small amountsas wanted ; •25,IKX) fall due each year. City hold*some stocks and other property. Valuation of real

estate, 1875, $3,923,575.

SelnAI, .mc/i.—The population in 1370 was 79.601:

in 1874. by State census. 101.06:1. The value ofwaterworks is $1,589,888, against a debt of $1,100,W)0.

The water works bonds are issued on a pledge

of the city credit, and $75,UO0 per year cjri-

Iccted in taxes to pay interest on them. A»-sessed valuation, 181.5, real estate, $10,285,875;

iiersonal. $7,448,7.55- total, $27.n4.fi30; true value

estimated at $92,582,100. Tax rate, $3 92 par

$100.

Klizabelh. y. ./—Total debt "f the city of Kliaa-

beth .\ugust 1, 1875. was stated at $5,400,000, as fol-

lows: Cieneral debt. $950,000; assessment defct.

$4,450,000. The sinking fund has to its credit

$900,000. Valuation of real and [Msrsonal property,

$32,000,000; assessed valuation, $16,000,000. Taxrate is ^ 68 within the lamp and water district, and$2 18 ontsido. Population in 1875, 25,000.

CITY SECURITIES, [Apiil 29, 1876.

aabaerlberB wUl conrer a great tevor by Klvlng Immediate notlee of any error dlaeovered In tbeie Table*.

DESCRIPTION.

For explauatlons nee notes ou llrst page of tablesi

Date ofBonds.

Qalocson, Texas-Bon<l8 for liarhor improvementCity park bands (purchase of Wock 321)'" Q8 f

. C. &8. F. KR...Bonds for vfiiioiis piii-poses(inhesion Connty bunds, C

Indianajmllt—Bonds to railroadsI>onn bonds, scries ALoan bomls, seiies B

do do CLoan IjondsPuroLaso-mouey lionds—BoutUcrn ParkSchool bonds—By Bourd of School Comm'rs.

Jertey City—Wotei- loan bonds, mostly coupon

do do doImprovement bondsForty-year b( )nd.sImprovement bonds

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

do sewerage bondsdo improvement and water bondsdo bounty loan

Greenville street improvement bondsImprovement eenitlcates (5 year law)

Louisville, Ky.—For Jeffersonville Railroad stockSubscription to stock of I1.&N. RRWaterworks

doFor Improvement of streetsRe-constructing streetPublic builUinKs and institutionsPublic scliool and school houses ,

Bewer bondsdo

Elizabeth <Sc P. RailroadWharf propertyJail bondsForold liabilities

do doLouisville, New Albany <b St. L. Air Line RR.Change of gauge, Loufsv., Cln. <& Lex. RR. .

.

Roadbed do doCity bouds payable by railroads

Memphis, Tenn.—Sonooi and paving bouds.

1809 to '74

18731860 to '74

1870

1869 to '70187318741874187518741873

1852 to '671869 to '73

187018731871

1872 to '741870

Various.1872

Various.186918691869

Various.Various.

Size orI Amount

parValue.

18521854

1857 to '671873

1866 to '671873

1871 to '731853 to '70

18681871

1868 & '7354,'62,3,

8

18691870 to '74

18711871

1871 to '731851 to '63

„ .^ ^ » 1867to'68Post bonds 1867, '8, '0Funding loan, goldMississippi River Railroad bondsEndorsement Memphis &. Little Rock RR

MUtcaukee—He-adjustment bondsGeneral city bondsWater bouds, coupon

do registeredScrip to settle old railroad loans

MobiU-Clty debt A, B, C (payable annually till 1891)City debt D, E. F (payable annually till 1886)Bonds to Mobile & Great Northern RailroadBond.s to Jtobile & Al. Grand Trunk RRWharf bondsCity funded debtTo Mobile & Northwestern Railroad '..'.'.'.'.

New funding bondsXashville, Tenn.—Nashville & Chattanooga RailroadVarious city bonds

Ifeuiark—Bonds, various city pnrposes (9. fund of 1869)War bonds, floating'debt, &c. (s. fund of 1864)Public school bondsClinton Hill bonds, coup.A reg. (s. fd.3 p!c.)Sewer and improvement bonds (local liens).Aqueduct Board bouds

Kew Orleans—Consolidated debt) $650,000 applicable (do do \ yearly to interest and <

do do Jprlnoipal (R»llrottd debt

1870

i857

18611871187218721873

18661860185918701870187118711875

18491866to'7<i

1875

18.5218521852

lH.i4-.-)5

5001,0001,0001,0001,000500

1,000

1,0001,0001,0001,000

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

Variousl,000&el,000&cl.OOO&cVarious500 &c.

1,0001,0001,0001,000l,Of>01,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000

outstandiui

500&C.1,000

1,000

$71,.50035,000

766,500500,000

145,000300,000300,000300,000200,00010!i,,'jOO

100,000

1,418,0003,109,800900,000622,000

1,866,0003,433,000125,000921,000500,000171,050150,000400,000152,000103,000249.000

8,000

149,000404,000

1,350,00076,000

201,000600,000650,00023-4,00081,000

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

614,000500,000107,000350,000

1,508,000

838,5002,426,000341,00080,000

300,000

INTEREST.

Kate.

600 &o.1,0001,000

10,000

392,849242,000429,000

1,171,000186,588

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

500 &0.

539,209232,400329,000750,000349,(XX)363,500300,000

1,0001,000

315,0001,065,000

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

378,0001,890,000500,000400,000

2,500,0003,030,000

1.0001,0001,000l.O(X)

4,042,000209,000130,9003K8.0O0

10 g.81010

67-37-37-37-37-38

6777777

6& 77777777

6C67677«67766677776

666C7

When I

PayabielWhere Payable and by

Whom.

J. & J.M. A S.VariousJ. & J.

Jan.I. & J.J. A J.J. & J.J. & J& J.& O.

Galveslon, Texat—The total city debt is ;

of which all are 10 per ct. curreucy except

;

I87.<!,n0(>,

U06,500.

Indiitiapotie—Tha assessment of taxable pron-

^}7J",^^-* ^'" *(ii,301,r>i6; taxes for that year,J510,026, or a lev.v of $1 .3.i per $!(». Total debtJune 30, 18:5, was Jl.^S.Ono. The School Board isa distinct organization fiom the city, created by aseparate act of the Legislature; levies its own taxwhich 19 collected by the City Treasurer. The citywarrants are discounted wlien sold. The floatiuidebt of this character, Jan. 1, 1875, was *iOu,(X)0°payable during this year.

Jersey CUy.—r\\e lotal bonded debt of the city,April I, 1875, was stated »t $14,^47,500, as follows-General, $:J,558,n00 ; ass.-s8raont debt, *f; 00 1500-

rS.^L?®''''.*<'6'"'-0«"- The sinkmc fund was

^5:10,585. A8scs8<d valuation. Inchidinc railroadproperty, is t8H,49(l,8.S.J. on which the tax rate is *3 00per $100 on l;68.4<W,8.-», and 1 per cut on railroadproperty assessed at »! ,000,000. Population by Statecensus in 1815 was 110,883, ajjaiust 85,000 bv U «census of 1871'. (V. 18, p. 100.)

LmUvlMe.—Tho fanded debt, January ) 1876

•J"!,'.?."^^ 1' railroad loans, was S8,.330,IK)0, aiainst$8,504,010 Janu.ry 1, 1875. Of the *8,.S3'>,00ii' thereIS payable out of the sinkin:; fund $3,705,000; pay-able by special Ux. «4,ta5,000. Assets of the sink-ing fund, Jan. 1, 1875, were $.3,180,6«. PopiiLatioiiny eonfus of 1870 was 100,75'), against 68.033 in I860-

I^n^US"™*'*^ "'"°" "* ''""'* "' ? to a voter makesJ-tCOOO. Assessed value of property, about $79 -

000,000. Real value. $100,000,0( 0. Rate of taxationfor all city piiriioses in 1875 is—Eastern Liistrict,

fr'^m? ?'v?- Western Dietrict. $2 33; State tax,4Sc. 1 he following figures give the assessed proper-ty valuation for the past six years. For 18ti«, $5a,-

777

. 7

5888888g.6

6

fi&76i;7

7777

6G(i

(i

J. & J.VariousJ. & J.J. & J.M. & NVariousJ. & JVariousJ. & J.Various.1. & J.J. & J.J. & J.VariousJ. A J.

Galveston.dodo

New York.

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

do dodo dodo dodo dodo do

N. Y., Merch. Ex. N. Bank.

Principal—WhcDue.

dodododododododododododododo

dodododododododododododododo

1880 to '871892 to 190-2

1874 to '95

IWl

Jan. 1,1889,1,July 1, 18;'July 1, I8S11July 1, 1894July 1, 1895Jan. 1, 1899Oct. 1, 1878

Jan., 1877 to 'Ob1899 to 19131875 to '76July 1,1913May, 18911892 to '94

June 8, 1900Various.

July 1, 1890Various.

Jan., '98 tolBOOJuly, 1889

July 1, 1879 .V

Various.Various.

A. A O. N. Y., Mercantile N. Bank.A. A O. do doVarious N. Y., Bank of America.M. A 8. do doVarious LouisvlUe.J. A J. N. Y., Bank of America.Various do doVarious New Y'oi-k and Louisville.J. A J. Louisville, CMty Treasurer.J. A D. N. Y., Bank of America-Various do doVarious Louisville and New York.A. A O. do doJ. A D. do doVarious do doM. A S. N. Y., Bank of America.F. A A. do doJ. A J. do doVarious New York and Louisville.

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

J. A J. Chai-ieston.S. C.

Milw. and N. Y., A. Goettel.do dodo dodo do

A D.A J.

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

VariousVarious

VariousVariousA. A 0.J. A J.M A H.

Various1

J. A J.M AN.Various

1

J. & J.I

April, 1S32April, 18831887, '89. 91March 1, 18831886,' 96. '97July 1. 190;i

1891, '92 & If 031883 to %»July, 1898June. 19011888 A 19031878 to 1898Oct. 1, 1898

18891880, '94 A 1901

Sept., 1891Feb. 1, 1880

July, 1901 A 19031881 to '93

1873 to 19021873 to 1900Nov., 1900

Mobile, Bank of Mobile.do dodo do

N. Y., Merchant.s' N. Bank.Mobile, City Treasury.

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

New York,do

Newark, City Treasury,do dodo do

Newark Mech. Nat. Bank,do dodo do

New Orleans.do . I

dodo

July, 1872

June 1, 1891Jan. 1, 1901Jan. 1, 1902"Jan. I , lOOi

Feb.1,'75, '6, '7

1876 to '93

1878 to '91April, 1888. to' »l

July 1, 18951879 to '931876 A 1892

July 1, X89'2May 1. 1892

1892.Tan. 1, 1875

42J,974;for 1869, $rA-!81,091; for 1870, lf7l,S0«,712;

*^l!?'-*™'***''"*5;for 1872, t77,16G,6!2; for 1873,t77,2-i5,37'2.

Memphis, Tenn.—rhe city has been In default forinterest since J.,n. 1, 187.1. The total lloatiTig debtJanuary 1, 1876, was S2,074,b7-2, and there werenominal assets (unpaid taxes, &c ) to balancethis of $1,927,808. Ill 1874 the policy was adoptedof receiving proposals for the sale of past duecoupone, so far as the funrls in hand permitted. TheCity Council declared the fundiscaiid paving bondsissued by Ma.vors Ixiftwich and Loiland 1807-8-9 tohave been issued illegally, but allowed the cnuponsto be received, pro rata, according to ilio amountrealized by the city for tlie bond'; hut a decisionof renn. Supreme Court, December, 1875, wasag.,gnst the citv on this point. Assessed valuation,

&,;^'iK T,^''''"''• *=^ ''« *1""- I'opnlation : n

1810,40,2.10. (V. 21, p. ]8i), 670.)

MUwaukee.—'\'\\K city cannot issue debt beyond 6per cent of iis {iverage assessed value for live yearswhich 13 $43.51.5,000; in 1874 it was Sa->,1.57,' 00 ofreal, and *l6,I07.«-3 of personal; tax rate, 281tfmills. Sinkitg funds are provided for all tiie bonds.Old railroad bonds, $200,000, due 1876 and 1877(with interest about $400,000). have been held valid

?.?.*'„"„5l'' "'i" '^"y- Population by State census, 1875,101,000. (V. 17, p. 187, B28, 691.;

»,^/25'/t-~'^'"' valuation of property in 1876 is$l-.;.89),825 real estate and $5,377,7i8 personalproperty; tax rate. 1>^ per cent. Interest hasbeen in default since July. 1873. A settlement withbondholders was offered by Commissioners in New1.°''

J.^'S'''-''*'"'• vi2.: S-'ilO in 6 per cent bond tor

f 1.000 of the old 8 per cent. The 5 ler cent bondshave a lien on city revenue, and exchange for these

is offered at 75 per cent of their face in tiie new 6per cents. This has been accepted to a considei*-able extent, but no report yet given. Populationabout 38,000. (V. 10, p. 302.)

XanhvUle. Term.—At the close of the fiscal year,Sept. 30. 1875. there were glSl.lTO of past due bondsand 81,% 410 unpaid coupon-^. The total debt waggl.787.2-2. Assessed valuation of all property, about$13,625,775; tax rate, 187.5, 2 per cent.

A'sKWrt.—Tiie bonds in the first line in the tableare pavable out of the sinking fund of IS69, whickamoiinis to $.3S5,.368: tliose in second line out ofsinking fund of 1864. $8 2,7.57; public school bond*outofpnblicschoolfund, $89,034; Clinton Hill bondiby sinlihig fund, S2i.-2'31, againnt local improve-ment bonds the city holds $!!,.5(18.il8 1 of assessmentsunpaid and a lien i>n the property. Temporary loanbonds, Jan. 1, 1870. were $767,750. Valuation ofreal estate, 1874, $7!^5.38,2:i8; personal, $24,883,800;tax I ate for all purposes, 1875, *1 i)8 per $10 j. Pop-ulation in 1870, 105,059.

A'eio Ortean«.—Interest was in default Decembor,1814, bnt coupons then due wore jiaid May 15, 137B.In July it was decided to nay half thi face ofcoupons on sp citted issues, on the stn-ugth of theflnancial statement then made. (See V. 21, p. 86.)The total funded debt, July, 187.5, was $-;2.0o2,030;floating debt, $1,-J86,870. The assessed valuation ofproperty is $98,46:),a6i» real estate, and S2i,nS.8.Mpersonal. State tax, 14X mills; city t.ix. 25 mills;total tax, 39.^. A scheme for settUng the debt bjra bond premium drawing plan has been startea,and first drawing took place Nov. 3, 1875. Thepremium bonds exchanged for others and outstand-ing. April 15, 1876, were «5.667.300. Popnlation la1870, 191,418; in 1860, 138,070. (V. 21, p. 64, 36, 159,S18, 511, 618.)

A^nl 29, 1876.] CITY SECURITIES.

•kaeribara will conftr • creat ATor br clTlnc iMBteAIat* Botle« of any error 4UeoT«r«4 la thaaa Tablaa.

DESCRIPTION.

I'or explanatloDii see uotea on first page of tables.

Ifeie (>r!enn»—( ContinuedJ—Ballroaddebt

dodo

Waterworks loan of ISOS)Seveu ppr ceut lundlnir loan of 1869

do do 1870.leSiirson City (debt asaumed)Wharf iinpr. bonds (assumed by lessees)..-Tect iuiprovouiont bondsousolldated Kold bonds (Kouernl series). .

.

do do (dralniiKe series)

Ten jx-rrcut hoiuls, dotlcit :ind old claim. .

('.arrollton funding; iind iniprovoment bonds..New iTtmluiu bonds (In excUauge)

\i'w York—Water stock

doCrotoii water stockNew Ooton .Vquodnct stockAdditional now Croton Aqueduct.Crotou water main stockCroton Itcscrvoir bondsCroton Aqueduct bondsCrotou water pipe bondsCentral Park lund stock

do doCentral Park Improvement fund stockDoiks and slips stockDock bondsFloating ilobt fund stockMarket stoi'k

City Cemetery stockCity impi-ovemout stock

do doLunatic Asylum stockFire diniartiuen t stockFire teleKrapb bondsTax relief bonds

do do couponNew York Bridge bondsAccumulated debt bondsStreet improvement bondsStreet opeulnK and improvement bondsVolunteer soldiers family aid fund bonds.

.

Nintb district court bouse bondsConsolidated stock, couponDepartment of Parks improvement bondsCentral Park commission bondsAssessment bondsCHty i)arks Imnroveuient fund stockNormal school fund stockI'libUc school building fund stockAdditional ( 'roton water stockHewer repair sto(^kImprovement bonds( imsdlidated stock,Mus«uni of Art and Natural History stockliijuidation of claims and JudgmentsImprovement of Third avenue—23d wardThird district court house bondsCounty court bouse stock

do do No. 3do do No. 4&S

Soldiers' subs red. bounty bondsSoldiers' bounty fimd bondsSoldiers' subs, and relief red. bonds.-^"hlicrs bountyfund bonds, No. 3.Soldiers' bounty fund red. bonds, No. 2lUot damages red. bonds

do lu demnlty bondsA ssessmen t fund stock

do dodo dodo do

Impairs to buildings stockL'ousolidated stock, couponAccumidated debt bondsN. Y. and Westchester Co. Improvement bondsl.iciuidation of claims and JudguientsConsolidated stockFor State sinking fimddfrftciencyI xbt (it Westchester towns annexed

F't ihiijelj^ihia—I timds issued prior to consolidationdo for railroad stock snb8ld.v subseript'ns

Date of Size orBonds. par

Value.

X855 $1,00018.51 1,000ISii.'i 1,000186'J ....

18091870

•57, •67,-7018701871 1,0001872 1,0001872 1,0001871 Various.

1871 to '72

1841 to '63 100 &o.1870 100 Ac.

1845 to '00 100 &0.isor. 100 Ac.

1870 to '72 100 *0.1871 to '72 100 &c.1865 to '72 100 &c.1867 to '70 100 &0.

1869 100 Ac.1853 to '57 100 &0.1853 to '57 100 Ac.1857 to '05 100 Ac.

1852 100 Ao.1870 100 Ac.1860 100 Ac.

1865 & '08 100 Ao.1869 100 Ac.

100 Ao.100 Ao.

1869 100 Ae.100 Ao.100 Ao.

1869 100 Ac.1870 500 Ac.

100 Ac.100 Ao.100 A»100 Ao.

1863 100 Ao.100 Ao.

1871 500 Ao.100 Ao.

1871 100 Ac.100 Ac.

1871 100 Ao.1871 100 Ao.1871 100 Ac.1871 100 Ac.1872 100 Ac.1872 100 Ao.18741873 100 Ac.1873 100 Ac.18741874

1862 to '68 100 Ac.1871 100 Ac.1872

• 1864 100 Ac.1864 100 Ac.1864 100 Ac.1865 100 Ac.1865 1(K) Ac.1864 100 Ac.

1864 to '72 100 Ac.1868 to '72 100 Ac.

1873 100 Ac.1874 100 Ac.1875 100 Ac.1870 100 Ac.

1871 to '72 500 Ac.1869 to '70 100 Ao.

187018731874 ....

1874::::

Amountoutstanding.

$63,0001.940,000197.000

l,237.,-)O02,'2O!),9501,608,250

l»6,.'i00590,000172,000

1,2(11,000t:54.<IOO770,05029.2.50

5,607,300

2,420,700500,000

2,900,000250,000

3,420.0003,500,000905,637490,000450,000

3,341,071399,300

6,349,80050,200

5,070,000'2,748,000296,00075,000

451,2008,156,296700,000521,953597,586

2,767,0003,000,0001,500,0006,500,0003,664,8391,000,000260,500300,000

4,252,5003,832,5001,245.500

13,030,8005,375,000200,000636,000610,000265,000500,000

10,343.700675.000

1,448,17541,000

194,0002,502,000600,0001.54,091503,000

4,000,000940,700745,800370,600

1,000.000855,204

1,719,400492,700•253,000900,450100,000

8,885,5006,000,000

30,000100.000

1,680,2003,899,4931,500,000

6.940,7411,725,000

INT£RKBT.

Rate.

57787-37-37g.7«.108

5 A6SAO

«U

6A76676565

7A6 g.6

6A7767

6A766776767

CA77

6A f'77

6A766666666766766667766

7

"(i'

6««•

6677

SAO6

When Wbere ParabI* and \>jPay'blc Wnom.

A. A O.M. ANH. A S.J. A JM. A S.

J. A DVariousJ. A DF. A A,

5—J.A- A O.H. A N.

Q.-F.IkT A N.

mI'a n.Q.-F.Q.-F.JT A NQ.—F.

a—f!

M.A NQ.-F.ATA N.M. A NM.A N.M. A NM.A N.M.A N.M.A N.M. A N.M.A N.M.A n:M.A N.M.A N.M.A N.M.A N.M.A N.M. A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.J. AD.M.A N.M.A N.M.A N.M. A N.M. A N.M. A N.M.A N.M.A N.M. A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.M.A N.M. A N.M.A N.M.A N.M.A N.M. A N.M.A N.M. A N.J. <E D.M.A N.

New Orleans.dodododododododo

New York or London.do doNew Orleans.

do

\sa

a

!lCog«

ilW3t»

I!

!»*

« aS*

21

aaou>.

3. A J. Phlla., Far. A Mcch.fN. B^kJ. A ,T. do do

Principal—Wheniloai—Due.

April1874 a1874 '7:

Jan.MarchJune1887Dec,

Aug.JulyJulyApril1802

1, 1875nd 1894-> and '94

1, 18991, 18941. 1895tolS07, 18801, lOll1, IVii1, 19331, 1881A 1901

\i

1879 A 1880Nov. 1,19021883 to '90

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

188018871808

876, '87 A '951876

Not. 1,1001 to '31878

1894 A 189718881889

1889. "92, 9618891889188418791890

Nov. 1, 19051884 {©•as

1876. '77, '78, '881879 to '821875 to '70

18901901

Not. 1, 187S to '791875

Not. 1,1875 to '79Dec. 23, 1901Nov. 1, 1891Nov. 1. 1891Nov. 1, 1891Nov. 1, 1882Nov. 1, 18751894 to '98

19031876

Nov. 1. 1877 •

Nov. 1,18901875 to '921884 to '881894 to '981875 to '761883 to '901880 to '811895 to '97

18911877 to '79

188218871903

1876 to '781910

1884 to '831901

1884 to '83189118761896

1877 to '86

1876 to '851876 to 1903

New York CKjr.—The total debt of New YorkImnnry 1, 1876. was $144,622,023; the amount ofsiuliing funds Sa7,~lS.307. The followins siatementallows the del ails of funded di'.bt, and the amountia the city iiukiiig fund at the dates named:

Jan. 1.'74. Jan. 1, '75. Jan. 1. '76.

Deec-iptlon. $ t $Funded debt 99,492,219 118,211,567 1 19,050,90-3Sinking funds... 24.832,017 88.015,778 27,748,307

Net debt 74,0.59.002

Temporary debt.. 21,927,:OTIteveuue bonds. . . 9,790,978

91,62.5,779 91,.m-l.{9fl

20,SM,700 21.3Ji.200

2,7O7,.5O0 4,142,925

The [lopnlatioii of New York by the U. S. censusin 1870 was !«2.531, against 805,6o8 in 1860. SinceJan. 1, 1801, the valnaiioii of property, the rate oftaxation, and the net amount of fanaed debt havebeen as follows: ^Ratetaxp. Net

Real Personal $1,000.^ FundedYear, estate. estate. State. City.

t $1861. .400,95.5.00-) ir4.02l,.W) 3 021962..399,5.5«,4fll 172,110.031 .I 8718B3..402,187,:ifi2 191,907,161 4 J71864..410,774,4:« 22:).9i0,of)5 5 311865..427,:)efl,8H4 18;. 42-3. 471 4 HO18fl6..47-,!i:«.!WI 2.57,9^4,974 3 9418«7..555,417,00J 27f..:i89,-l51 4 071668..023,i:i0.,5.55 285 199,972 6 Xi1»..084,18),918 281^112,090 2 721870..74«,in:).l)75 305,281,374 2 70 r.l BU «. •ra,:j/,),u»J:

1871. .709,3 12.250 .306,!t47.2tl3 4 43 17 90 »i 88,:Jfl9,38»

1372..7»7,14S.005 :iC0,919,422 5 20 3:181 S 95,58i,l53I873..886,0'>3,3S0 lSn,V.n,MA 5 41 19 .59 •;" 106,:«S1,4711H7i Mui K/fi TMi.'. OT'o Aai 1QI u tiK (ti i\K

I *|r, lu^ QKQ

debt.

t!B 35 f 20,03r,.301

13 45I

21,09.1,500

16 08 J, 20,185,19017 ii •§ 33,769,00124 94 5 35,973,5;)7

19 06 "- 33,051,68322 0;j 5.0 32,914,421to 17 •= 35,9S.'),647

19 98 = 4;, 791.81019 80 ! 73,373,552

1874..8«li.54l!9<>5 272'.48l!l8l 6 95 21 0.5

1875..8)i3,043,543 2U,300,1M •—29 lU-

—The true value of real estate is estimated at

$1,935,021,510. By an act of 1874 the towns of WestFarms, Morrisunia and Kiii^sbrid2;e, einbracing;

about 12,000 acres, were auncxcil to Now York. Thedebt of theeo towns was about $1,500,000.

From the termination of the Tweed regime in

1871 to January, 1S75, the gross increase in debt was33,252.049, and Comptroller Green has claimed thatthe old demands existing when he took ofllce,

together with the bonds issued to pay dcflciency in

State sinking fund, and for up-town improvements,aggregate more tlmn this whole increase. All unad-justed claims against the city Jan. 1873, wore nomi-nally $6,971,149, a large part of which the Comp-troller claims to be fraudulent and has determinedlyopposed. The outstanding assessment bonds (pay-able out of local assessments ou property benefitted)

are represented by advaiK-es to contractors, ad-vances on Boulevard work, and uncollected local

asse.ssinents. Mayor Wickhiim objects to thepresent method of authorizing bonds ; that thelaws are mandatory on the Board of Estimateand leave them no discreiiou. He says: "TheCommon Couucll has n> control over the pro-

ceedings required to be taken under several of them.But some ollicer or depurtmeut of the City Govern-ment is by each of them authorized to prosecute apublic work of some sort, and to iucnr obligations

for it In the name of the city, and for the payment ol

such obligations city bonds must be issued." Extractfrom Mayor's Message of January, 1878, is givenin V. 2J, p. 61. (V. 21), p. 14, 29; V. 21, p. 88.)

Philaddphla.—TVie total funded debt, January 1,

1876, was $68,696,691; guaranteed debt, $.5,399,400;

floating debt, 8S,»"I.4:12. Sink, ng funds, $I0,0:W 300.

The net increase of debt in 1873 was only $2»1,5.9.

Total disbursements of the city for 1875 wereti:j,446,451, classified as follows; ./udgmenta, Ac,$378,422; interest on city loan. $3,734,215; Interest

on endorsed warrants, $196.89S; sinking fuiida,

$785,899; warrants of previous years, $3,911,417;

amount paid on loan warrants. $1,447,809; for theerection of public buildings, 85'20,412; school fund,

»3.454; State tax on settlement. t53,515; cash for

the departments, $2,389,:)77. The Comptroller'*statement to form a basis for taxation In 1876,

was issued Nov. 1, 1875, making total estimatedliabilities, $26,296,282 84.

Of this amount $9,296,203 was estimated to comefrom other sources than taxe", leaving 817,000,080 to

be raised by taxes, at a rate of $30 iier $1,000 on fnll

citv property. These estimates, however, werematerialfv reduced by the Councils, and the tax

rate was "kept at *a 15 for full city property. Thefollowlug table exhibits the assessed valuation andtax rate in the city since 1870:

Real Personal Rate TaxTear. Estate. Estate. per $1,000

1870 $470,851,800 $8,188,873 $18 00

1371 491,844,096 8,59i,T86 18 00

1872 508,415.963 8,608,819 » 80

1873 618,934,568 8,930.700 »1 SO

1874 189,003,609 9,2S9,98.'J « 00

1875 665,849,095 9.431,873 «l BO

1376 583,408,706 10,001,673 9150

There Is ro large amount of city debt matnring la

the next flveyi^ars. Assessed y -Inations for 1878 are:

Fnll city property, »5:J7,213.2s2; tax rate, $9 15;

suburban property, $38,031,673; tax rate, $1 46: farmproperty, $20,168,433; tax rate, $1 1»X. Population,

i870Vt)74,0«2, against 565,528 in 18W.

zii CITY SE0URITIE8. ; [April 29, 1876.

Sabacribera %vUI confer a zreat favor by Kirlns lufiine^late notice of any error discovered tu tbeae Tables.

DESCRIPTION.

J<'orexplanations see notes on first page of tables.

miailelphitt—i Continued)—Bonds for water worksdo forbrldftesdo forpurkiiml Ccntcunlaldo for war au«l boiintj' punmsesdo municipal, seliooi. sewer, &c

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

Funded debt and other niuuiclpal IwudsConiproiniso railroad bonds (coup, and reg.) .

.

Bonds for impr. Penn., 4o. (local assessment).PoHlaiul, He —Loan to Atlantic & St. Lawrence Railroad Co.

do do dodo do dodo Portland & Kochester Railroaddo do dodo Building Loan Commissionersdo Portland <& Ogdensburg

Municipal—proper }

In aid Atlantic & St. Lawrence Railroad Co 5Providence, Jt. I.—Loan to Hartford. Providence & Fisliklll RR.Bonds for public improvementsRecruiting and bounty bondsWater loan bonds, gold, coupon and reg

do do do' City Hall & sewer loan b'ds, sterling, cp. or reg, ProV. &Sprlngfleid RR. bonds, guaranteed...

•Itoehealer, N. T.—To Genesee Valley RailroadTo Rocn. & State L. and R. N. & P. Railroads.For various city improvementsWater works loan, coupon and registeredFimding loan

San Francisco—Bonds of 1858, coupon (gold)Baji Francisco & St. Jose RB., coupon (gold)..Judgment bonds, coupon (gold)Central PaclUc Railroad, coupon (gold)

Western Pa«illo Railroad, do do. , JBcbool bonds, do do""^ Judgment bonds, do do

Bcbool bondsPark Improvement bondsBospital bonds

,- . House of Correction bondsSatanna/i, Oa.—Subscription to Muscogee RailroadConstruction of water worksImprovement of Savannah RiverSavannah, Albany & Gulf RailroadFunding coupons and other purposesBedemptlou of bonds

• do doBonds for city improvementsHarbor, Ac, Improvements '.

For floating indebtednessSt. Joseph, Mo.—Bonds t« St. Joseph & Denver City BR., 1869.

do Missouri Valley RailroadBonds for various puj'posesBridge bonds

StLouli—Renewal and floating debt bondsBeal estate, buildings and general purposes..Street improvement bondsWater work Imnds (old)

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

do do doBenewal and sewer bonds (gold)Renewal purposes, gold or sterlingRenewal and iraprovcmpnt bonds, goldRenewal, &c., bonus, gold or sterling, couponBridge approach bonds (gold)

St. iMuis Voiinlu—Renewal l>ouus. couponBonds to railroads, couponInsane AsylumCoimty J ail

General purposes, goldRenewal, goldPark Ijonds, coupon, goldCoimty l)onds

St. Faui, Minn.—Revenue bondsPreferred bonds8 per 4ient bondsi^ke Superior & Mississippi RailroadSt. Paul & Chicago RailrotJd.Public Park (Como.)

Date ofBonds.

Size orpar

Value.

Amountoutstitnding.

INTEREST.

Rate.When

Pay'lile

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

J. & J.

J. & J.

J. & J.

Where Payable, and byWhom.

Principal—Wlipal—wliiDue.

18.').'jto'71

IS.'iO to '70

1868 to '70

1862 to '65

1860 to '70

1868 to '7418-15 to '72

18631871 to '73

18G818691870

1867 to '69

18721867 to '68

1872

1852-73

185518631872187418751872

$....

1875

18581862

1863 to '6418641865

1866 to '67

18671870 to '721872 to '751871 to '73

1874

1851185318531853186618691870187018721873

1860 to '691869

1858 to '691871

1846 to '71

1840 to '681851 to '661856 to '58

18681855 to '691852 to '68

1867 to '701872

1871 to '731873187518741872

1867 to '711853 to '55

186718681872

1873 to '75

18751875

1,0001,0001,000

500 4c.

1,000

500 &0.

lOOO&c.lOOO&o.lOOO&o.lOOO&c,lOOO&o.£100

1.000lOOOAc.VariouslOOOdko.

500 Ac.500 Ac..500 Ac.500 Ac.500 Ac..500 Ac.500 Ac.500 Ac..iOOAc.500 Ac.

1868

500500500

500 Ac.100 Ac.1,000500

1,0001,000

500 Ao.

!500,500

100 Ac.500

VariousVariousVariousVarious1,0001,000

Various1,0001,0001,0001,0001,0001,000500

1.000 '

1,0001,0001,000 I

1,0001,0001,0001,000

VariousVariousVarious500 Ac.1,000

i^6,.500,0004,8.53,5008,696,100

11,6.50,00011,61)0,3.505,399,400

4,413,4001,537,2862,179,1494,653,700

246,000233,000.308,000700,000450,000570,000

1,350,000C 2,230,300\ 375,500

500,000600,000300,000

2,000,0002,000,0001,400,000500,000

172,0007.50,000

1,065,0003,182,000410,000

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

99,000198,00064,500

937,.'>00

368,800117,000349,.500.534,000.500,000400,000

431,5001.50,000299,400500,000

2,010,0001,260,000166,000337,000346,000914,000

1,219,0003,950,0001,2.50,000680,000

1,074.000657,000

2,072,000461,000

450,0001,490,000100,000500,0006(M),000450,000

2,300,000500,000

499,92767,210

263.125200,000100,000100,000

666666

76 A74 A5

7

6666

5 A65

665

5 A6g.5g.5 g-

7767

6g.7g.

7 g.

%'

7777777777

6A 77

10 A 610

66666g.666g.6g.6 g.6g.6g.6g.6 g.

76g.776 g.6g.6g.6g.

12 A 77866

A. A O.VariousJ. A J.Various

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

J. & b.

m'nthlyA. A O.

J. A J.M. A S.

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

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

J. A J.VariousA. A O.J. A J.M. A N.A. A O.A. A O.J. A D.J. A J.M. AN.J. A J.

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

VariousM. AN.VariousJ. A J

VariousVariousVariousVariousF. A AVariousVariousJ. A DA. A O.VariousM. A NM. A NJ. & J.J. A D.

J. A J.J. A J.J. A J.M. & S.

J. A D.J. A J.A. A O.M. AN.

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

Phila., Far. A Mech. N. B'k.do dodo <lo

do dodo dodo do

Pittsburg.Pittsburg, PUila. A N. Y,New York, B'k of America.

Philadelphia.

Boston, Foote A French,do dodo do

Boston, Columbian Bank.

I187Gtol90:;

> 187G to 19(1.-.

Best., Blackstone Nat. B'k.

Boston and Portland,do do

Providence,dodo

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

Providence.

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

do doN. Y., Union Trust Co.

do do

San Francisco,dodododadodododododo

New York and Savannah,do dodo dodo dodo dodo dodo dodo dodo dodo do

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

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

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

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

do doNew York or London.

do dodo do

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

N. y., Nat. Bk. Commerce.

1893 to '981875 to 1 121)

19131883 to '85

Nov., 1886Nov., 1887Nov., 1888July, 1887July 1, 1897Jime, 1877

19071876 to '91April, 1877

Jan., I87BSept., 1885Jan., 189:-:

Jan., 19(HlJan., 1900July 1. 189.J

1892

1878 to 19031893

1876 to 190-2

Jan. 1, 190;;1905

Jan. 1, 18881877 to '78

Oct. 1, 1883July 1, 1894Mayl. 189.'i

April 1,1881Oct. 1, 1887

Junel,l882to'91897 A 1904Nov. 1, 1891July 1, 1894

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

187618781883188818861879189019001902

, 1903

dododododododo

dododododododo

St. Tanl and New Y'ork.do do

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

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

1880 to '89

Nov., 18891878 to 'H9

1891

1876 to '911876tol90«1879 to '861880 to '83Aug., 187818'76to'891877 to '88

June, 1887, to *»«

April 1, 18921891 to '93Nov. 1, 1893May 1, 1895July 1. 1894Dec. 10, 1893

1877 to 18811878 to 1880July 1, 1887Sept. 1, 1888June, 18921893 to 1895April 1, 1905May 1, 1895

1874 to '901874 to '86

1889, '90, '961888 A '98

1900

tUt»burgh.—Tb.e total debt Feb. 1, 1875, was $13,-S(£{.S19, including water loan and bonds, chafi^eableon local ujs«esanients. Cash valuation in J874 : Realproperty, J170,'iij,9M; pergonal, only $2,38^,a G,

according to Comptroller's report. Sinking funds,(SS3,'.Ktt. Popniation about 140,(XX),

Fortiand, Ut.—The sinking fund March 31. 187fi,

was $537,19;. The city js protected by mortgageson At. A St. Lawr. and on Portland & Roches,tcr Railroads, and holds 7,143 sliares of Portland AOgdensburgh stock. Assessed va uc of rtial estate

In 1873 was $17,7!.'),310; (wrsonal, $1-2,04."),71-J. Taxrate, $85 per $1,100. Population in 1870,31,413,against 26,^1 in 186 >.

Provlierice, JJ./.—The principal debt of Providencehas been created since 1872 for water works. 'J'he

floating debt at close of fiscal year Septemher 3(),

1878, was $-i,0SO,';il6, nnil funded debt, SU.Til" S.'iO.

']*he awespcd valuation of all property in 187.5 was$128,024,110 against $123,B82.'-^00 in 1874. Rate of tii,

(14 GO per $1,000. The sinking fund for buude due

in 1885, $410,074; sinking funds of 1893, $149,972;n. P. & F. Railroad bonds ho'.d, $.'>no.0O0. Popula-tion by IT. S. census, 1870, 6:^,901; bv State census,187.-., 100,800.

Koc/usler.—The bonds of Genesee Val. KR. loan.$172 000, are provided for by net receipts' from alease of said road to Erie RR. Co. after paying theinterest out of said receipts. Valuation of "propertyabout $62,000,000. Rate of tax, $1 ai.

San .F/-a/icl^w.—Popniation by the IT. S. censusof 1870 was 149.483, against .''.6,802 :n 1860. Realestate in the fiscal year ending .Tune 30. IS'."!, wa'assessed at $16i,41)6.177; personal property at $101,-763,**67; sinking funds raised annually amount to$-J34..'ii10. Tax rate, $1 iO per $100 for citv andcounty, and .64 9 10 for State purposes. Total.4.09 9-10. All the values for San Francisco are givenin gold.

Savanna/i., Ca.—To provide for floating debt andmaturing liabilities in 187:1 and 1874 1:400,000 bondswere Issued and sold in Savannah, realizing $3j4,730.

and leaving only about $136,277 of floating debtDec. ol, 1871. The city owns real estate aad otfaei

property valued nominaliy at about $4,*i37,6r"

Assessed value of real estate. $11,000,000. Popidwtion in 1870, 28,2:15, against 22,292 in 1800.

St. .Toseph, .l/b.—-Popniation in 1870 was 19,5(51

against 8,933 in 1860. Assessed valuation of property

'

$11,000,000; rate of tax, -2:1 mills.

Si. Xoui)f.—Population by the U. S. censns in 1970was 310,664, against 160,773 in 1860. The city and-county governments and finances are separate.Total funded debt, Oet. 11. :8r5, $10,270,000. Float-ing debt—t6a3,0()0 due (ias Light Co; $.3n0.000 Trea-Bury warrants; and $10.'),000 due sinking fund)Taxable valuation of city property, 1875, $160,125,700; tax rate is 2 p<:r cent. (V. 18, p. 143.)

St. Paul, .il/inra.—Population in 1870 was gO.030;in 1875, by State censns. 31.237. .Assessed valuationof taxable property, $13,194.28"). or about one-fiflUof the actual value; tax rate, 14 mills. (Vol. Up. 026.)

April 2!^, 1876.] RAILROAD STOCKS AND BONDS. xui

Sobaoribera vrlU confer a areat favor by giTing lmiuedl«t« notlea of any error dlscoTered la tUoa* Table*.

"Bonrf»—PirtBaiDESCRIPTION.

For explanation of (tolitmn heartlngs, Ac, sco notcis

on Hret pago of tablet).

AInhamn Cenli-al—(Sp\ma & McrUl.)— l«t niortAUilmiim if (UtiilL—ltti iiiort., gold, Riiiir. liy Ala

•id iii()it.. $!l.i)<l(»piT iiillc, not Kimiiiuti><^il

K(*e<'iV(M"'« iKtrids or coiliflcateHA Ibnntj d StLstiUffixtniia—Stock

1st moi*t ^UK*'Albany (Uty loanlid iiiortpigp:<d niot'tgaKc Hlnklng fund

Atleyhaiiii Vallcji—SUn-^ii(Jtiiieritl inoi-tpigoBondn to.siiilo I'a. (ondorspd) L'd niort.

iNt limit., KiiKt'n Extin., guar, by Pa. RRFumliiig inciinui hondH. with tnifflr Kiiarunteo....

AUJdniiria *C Freilriclmbufg—Ist niort gagoArk<tn,i(iK f'enlrril—lRt & 2d mortgagi'«, goldAnhtaliiihi, YoiiiiiiHtrnrn i* i'i((*.—l«t mortgage

ll<i inort.i;a^^i'. incomeAU-hison <i- .\i'lfntsk(t~ltit inortjtagoAlthinfniy Topfktt <(: Santa Fe—Iwt mort,., goldLand grant inoi'tgagL', gold (on 3,()0<»,0<K) acreH)

.

IiU'oino boiidH('on«ol. bondH, goldNotesIjiiul income bonilrt

I'ottawattoinio bondM (contingent)Wichita & Himthwext. (leased) 1st M., gold, guar.,

Atlanta di liiehmoiul Air Line—lat mortgageAtlanta <S- Wtsl Point—HtookAtlantic <fi dreat nV»(C(/i—Stock (total $10,000,000)Preferred stockOld lat mortg.age bonds, Ohio Division1st general mortgage ($18,(X)0,000)2d do do (*1'2,00<),(KM))3d do do (*2i),(HKM><X))l«ascd lines rental gold bonds (01. <fc M,)

do do (P. P., P. V. and S, & A.)Western Extension certificates (01., Col., (Jin. .t I.)

do do do bondsAllantlr it Oi*//—Common stockGuaranteed stockConsolidftfe<l Ist mortgageSouthern Georgia & Florida, Ist mortgage

do do 2d mortgageAtlantic, MlKH. d OAio—Stock, (com'n, pref. * guar.).

Ist mort. consolidated, gold (for $1.').000,000). . ..

'idmort. to the State (no interest till 1880)JJertolk ii Petersburg-lst moilgage

do do 1st dodo do '2d do

South Side—1st preferrc<l consolidated mortgagedo lid do do dodo 3d do do do

ViTfcmiaAtfenneBsee—Enlarged mortgtvgedo do 4th mortgagedo do Regi8t<Ted c<irti(l<!ate»

.

do do Interest funding bonds.XtlaHtie <t /VieJ/ir^Common stockPreferred stock, Missouri division

do do Central division1st mort. (Southern Pacific), gold (land grant).1st mort. (At. & Pae.), gold, on .'iOO acn-s land2d mort. (At. &. Pac., Mo. Div.), goldIst mort. (Cent. dlv. At. &Pa«.),gold

do do do laud grantIncome bonds for fundingEquipment bondsInterest scrip (exchangeable for bonds)I'laiii iKinds, scrip exchangedT.,and delientures

Atlantic it- St. inioreTicc—Stock, ourreucyStock, sterlingPortland city bonds, Ist mort., sinking fund2d mortgage, sterling, 5-20 yearsM do do doSterling bonds, not mortgages

Augusta .(f Narannah—.StockBaM Kiinle Valtei/—1st mort., 8. f.($,5,000 per yeanad mortgage (i?5,000 per year)

Milesof

Read.

812!)(i

21»l>

20i1121121421122t)21322(!2110

fii

48(i2'a02 13I.jO470

27 "a2«.-)l3

87.585585

iiw460460

34a

•isfi-

5858

428428428818181

133133133214214

32832832829329329335

1501.501.501.501.501.50535151

Dateof

BoudK

1871I8tll)

18(191872

isiia18(1518(1518(19

]8(ifi

18701871187418«fl187118711874187118K91870

18721870

187118711871187218731873

1867

1871187118.5718.571808I86fl1866186618541865Var'us1869

186818681871187118711873

18731874

1868186418711853

18611864

Size, orPar

Value.

AmonntINTERICST OR DIVIDENDS.

ami byOutstaiidluit "**« P*' *'•»=•' W"*" J^vil'l"uutstanaiug ^^„{ Payable ><lioiii

1,000],0<M)1,0(HI

10(1

1,00(11,(M>01,(X)0

500 A-e.

501,000

l',()00

IOO SiC.

500 Ac.1,0001,000

500 '<&«.

500 &e.

1,0001,000100100100

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

'ibo100

500 &c.

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

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

Various100 &c.

100100100

.500 &c.

.500 &e,

.500 &.C.

500 &c

1001*1003.000£100XlOO£100100

100 &c.1,000

*l,6fK),0Ort5,2'J0,(KM)2,(i73.(KH»

1 ,2(M>,0005,0<M»,0001,0<MI,000033,<K)O

2,(M10,000384,000

2,116,.5004,000,0003,400,000

10,000,0005,418,0001 ,000,0001,200,0001 ,.500,0004(H),000

3,7.50,0007,041.0003,383.000475,000

3,0.50,000430,000475,000523,500412,000

4,248,0001 ,232,200

24,795,2989,876,2.502,416,300

15,165,20011,989,68028,783,0005,355,0003,508,0002,060,0001,748,5003,693,200786,476

2,310,200464,000200,000

6,921,9005,470,000i4,000,000:«)6,000157,000458,000(175,000621,000452,500990,000903,00087.811

226,3008,360,300

10,000,0001,400,0007,188,5002,829,0002,015,5001,189,000795,000599,300753,000362,500

1,290,500450,00035,128

4,964,872787,000

1,,500,00071 3,000484,000

1,022,900336,900100,000

88H73Ju7677

" '7-30

57 or 6 g.

77

8&7g.

87g.

?«127

I'-4

77g.

7 g.7g.

I'-7

3JS*777

'7'e-

"s788666H88

Og.«g-6g.

s«-6 g-«g.106 g.ti e-

103

g.

6 g.

g.

31a67

pal, WluiD I>ae-8loelu-lM»tDiTtdend.

.1. i. J. K. Y., Third V»l. Uunk.

.1. & J.,T. & i.

.1. & J. N. v., H'k ofCoMiiiierciJ. A J.'N.Y.,I>el. JclIud.Cau.CoM. A N.A. & O.M. & N.

J. A J.Jau'aryA. A O.A. A <).

J. A U.J. A J.A. A O.J. A J.M. A R.

J. A J.A. A O.J. A J.A. A O.J. A J.J. A J.SI. A N.J. A J.J. A J.J. A J.

A. A O.1. A J.M. A 8.

M. AN.J. A JJ. A JJ. A J

N. Y.,WlnKlow, I.»ACoHanishurg, Treasui^'.Pblhulelphia or Ixmilon

Pittsburgh.Phlla., I'enn. KK.

I»ndon A AmsterdnmN. Y.,WI»slow,I.. Al-'o.

Pittsburgh, Penii. Co.Ilostou, at Oniee.

N. Y., «. Opdyke A Co.BOHtOD.

dododo

dododo

March 1,18961(1100.000 y'riy.

Oct., 19011894

June 1, I80CJuly, 1891

19011904

Sept. 1, 1896July, 1899

Oct. 1, 1900

Boston.dodododo

N.Y.,M.K.JeBUP, P.A CoAtlanta, Oa., aCTrca»'y.

New York and Londondo dodo dodo dodo do

London, Co.'s OfBce.do do

M. A N. BaTannah.J. A J..N.Y.,M.K.Je»upP.ACo.M. AN. do . doM. A N. do do

.1. AJ. AJ. AJ. AJ. AJ. AJ. AJ. AJ. AJ. A

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

J. A J.J. A J.

M. A N.M. A N.In 1901J. A n.J. A D.J. A J.J. A D.Q-J.

F. A A.M. A 8.

M. A N.A. A O.M. A N.M. A N.l.I. A D.IJ. A J.J. A J.

N. T., First Nat. Bankdo dodo dodo dodo dodo dodo dodo do

Lynchburg Office.

N. Y., First Nat. Uank

N. Y'., OOlce of Conip'nydo dodo dodo dodo dodo dodo do

)

do doN. Y., Ofliee of Comp'ny

Portland.London, Gr. Tnuik Rw

Portlmid.lyondon. Or. Trunk Rw

do dodo doSavannah.

Fblla.,Farm. A M. Bankdo do

June, 1901Jan., 1880Jan., 1889

Jan. 1, 187«July, 1888Nov., 1&»5Oct., 1885May, 1881

19031882

July 1, 1902July 1, 1900Feb. 1, 1870

Oct. 1, 1876Jan., 1902Sept., 1902Not.. 1902Jan,, 1902Jan., 1903

JulJ 1, 1876

1875July, 1887

Oct. 1, 1901

187718771893

'S4-'90•S4-'90'86-'901884190018751380

Jan. 1,

Jan. 1,July 1,

Jan. 1,Jan. 1,Jan. 1,

'

July 1,M^. 1,

Jan. 1,July 1.

July, 1888July, 1888Not., 1891Nov., 1891

Not. 1, 1901Dec. 1, 188.'*

June 1, 1885Dec. 1, 188SDec. 1, 1883Jan. 1, 1984

Feb., 1876Mch. 15,1876May 2, 1886Oct. 1, 1884Oct. 1, 1891Nov. 1, 1878Dec., 1875

July 1, 1881July 1, 1884

Alal)arna CtiUral.—In default since .lanuary, 1872.Negotiations pending for a new adjustment.

Alabamn. ,f; Chattanooga.—RoiA sold Mny .3, 1?7.5,

for tl,200.(KX). subject to lien of receiver's certitl-

cates. Time for bondholders to accept extended toJune 15. 187«. (V. '21, p. 38, «a, 253, 3*!, 822, 511 ; V.S», p. 61, ff;, 135, 157.)

Albany <ft ftufiiivthatina.—'Thxi road iva» leased for130 years from l(i7U to Delaware & lliid~on CanalCo., at 7 per cent per annum, on stock and l)onds.Important change m terms made in 1878: tee V. Si,

p. 399.

AUeghanij VaUey.—Thin road was embarrassed in1874, anil compromised with creditors. Abstract ofoperations in 1875 in annaul report, V. 33, p. 392.

Ale.vandna rf; Fn<lrick>ilmr'>.—'Vltc PennsylvaniaRailroad holds $512,000 of the boncls and controlsthe road. Loss un operation in 1873, (25,074.

Arkantitjs Cetifral. - Most of the bonds were sold inLondon, where :f600,0rtu of 2d mortgage lionds werealso hypotlieuited. Receiver appointed, March. 1876.(V. M, p. 374.)

Anhtah'da, Yonigttown <fi Pitiit.—It is leased andoperated by Pennsylvania Co. at cost. Net earningspaid to lessor, but Icsbcc guarantees interest onlet mortgage for live years. Common stock,$1,15(10,000; preferred, $400,000. Net earnings, 1B75,tS4,15«.

At^hiion (fc AVAroKAra.—Interest was in defaultSeptember, 1873, and coupons funded. Gross earn-ings, 1875, $270,«W; net, $272; unpaid coupons toJan., 1876, $750,000. Annual report V. 88, p. 399.

Ati-hlmn, Toptka <ft Santa >"«.—Tnterest is paid on$976,IMX) of the 2d consol. mor'ga'.'e bonds, but onthe balance of that issue the coupons are funded toOct. 1, 1,S7«. (V. 20, p. ](ii .ri7 M5: V. 21, p. 03,136, 3-«, 591 ; V. 2'..', p. 53!?, 327.)

Atlanta <{: Hichmoiul Air 2,in«.—Defaulted in 1873,

and now in litiL^ation. A decree of sale in fore-

closure was made October, 1875. ICeport of earn-ings, Ac, V. 2'2, p. 131. (V. 30, p. 14, 85; V. 21, p.

14, BS, 3-23, 418, 488, 613.)

Atlanta <fc Wett Faint.—TUe. road has paid 8 percent dividends for some years; it has about $'200,000

of bonds.

Alla'tic it Great ITMf^m.—This road was leasedto the Erie for 99 years from May t, 1874, bnt thelease did not go into effect. Shortly after (in

,7aly, 1874) defanlt was made on its bonds. Thelast annual report, to October 1, 1875. will befound in V. 2i, p. 371. Proceedings looking tore-organi/,ation are in progress, and a considerableamount of securiiies has been deposited by hold-

ei s with the London Committee. (V. 20. p. 85. 139.

'J89, 499, 592; V. 31, p. 136, 15'J, '230, 393, 410; V. 22,

p. 181, 3i7, 352.)

Atlantic <ft Gidf.—Gmm earnings In 1874 were$1,038,2.% ; net earnings, IgSo.OSf. Tlie t: m-pany also has $.'i(K).i)(Ki 10 per cent coupon notesuutstaud ng. Annual report in V. 21, p. St75, also

p. 4S8.

Atlantic, irusiKKippi ilk Ohio. — Of the stock$5,845,700 is common, $800,000 preferred, and $376,-

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

and $1615,700 of the guaranteed stock. G.oss earn-ings year ending September 30, 1H7.5. $1,785,453;

expenses, $1,108,947; net earnings. $673.."i05. Therewas a decrease of gross revenue by $42,890,

and a decrease of net revenue of $.54,114. Of the$15,000,000 loan enough is held to retire all theold debt. The company funded one coupon onold bondsman., 1874, bat paid snbse<|uent couponsin part. Funding notes flue 1875 and 187J wereissued. In October, 1H7.5, in London, the companymade a proposal to fnnd whole coupon then due.

on consol. bonds, and four-sevenths of coupons dueup to 1881. paving three (xir cent cash on couponstill 1881, and balance, if earned. This proposition ie

still before the bondholders for their assent. Abill to foreclose the eonsolidutcd mortgage was filed

by the trustees thereof, at Richmond, Va., March,1876. Kxtraet from President Mahonc's circular tobondholders, showing the lliiauclal condition, t«

given in the CnKosici.K. V. 2*. 11. 28C. (V. 21, p.

569, S91; V. 22, p. 110, 231, 280, 327,)

Aflan'lc (t Aic((fr.—This was a consolidation, ia

Oct., 1.870. of the .\tiaiitic A Pacific and So. Pacific,

The land gran lamoniits to some 1,000,000 acres.

Interest was passed ,lan..'74. on the land grant bonds,the 2d mortgage and the interest scrip, bnt couponsfunded A bleak in the company's affairs occurred

in October, 1875; the Missouri Pacific lease was snr-

endcred anil complicated litigation against the

Atlantic .t Pacillr Companv ommeneed on the

ground of fraud in Ibe Missouri Pacific manage-ment. Receivers were apiiointed. Interest of

January. 1876, on land grant bonds was not paid,

aiicl Interest on the .Id mortgage bonds of the

Missouri Pacific is also unpaid. The latter wen'mostly held by the Atlantic A Pacific Companyfor Improvements claimed to have been put on the

Missouri Pflciflc road, (S. 19. p. .39r; V. »0. p. 288.

V. 81, p. », 418, 440, 466; V. 22, p. 61, 852, 374.)

Atlantic * St. Latora\cf.—\jns«A for 9W years,

from Julv, law, to Grand Trunk RaUway of

Canada. Annual i«nt, fi per cent on booda andstock.

Avgmta <ft SoraanaA.—Leased to Central of Geor-

gia for $73,000 per ann im ; has surplus fund of

about (50,000.

Bald tktgU Talley.—Vetted to Pennsyhrtnla Hail

road at 40 per cent »t gross receipts. The Pennsyl-

vania Railroad holds all the Sd mortgage bonds.

XIV RAILROAD STOCKS AND BONDS. [April 29, 1876.

SDbs«rlb«ra Trtll eoaler > creat fkror bjr ct^nz ImmediKte notice or anr error dUcoTered In these Tables.

DESCRIPTION.

For explanation of column headingB, &c., see noteson llrat i>agu of tables.

SiUimore <* Oh in—StockPreferred stock^Va^lhiuKton braueliloan, 1850Loan, 1853do 1870, sterling. £800,000

Baltimore loan. 1 8o3-'90Short notes, sterlingSteri ing mortgage

do do sinking fundPvircbngeof Counellav. HR (payable $40,000y'ly)Nortliwestcru Virginia, M mortgage, 1855-85 ...

Saltimore li I'otoiiKic—Ant movt (tunnel) gold1st mortgage, gold, (main line)

2d mortgage, income, main line and tunnelSellerittei South. /W.— Ist M.. sink'gfund, guarHelrirltre Del.—UtH.Wila of 18(}a(guar. byC. &A.)

2<i mortgago, bonds of 1854 ( do do )

3d do do 1857 ( do do )

BerkthireStocliBostttn t£ Albany—StockAlbany loans (Albany & West Stockbrldge)l>ollar loanLoan of 1875, coupon or registered

Soslon. Clinton le fHlehb.—lBt mort., Agric. BrMortgage bonds 1860-70Equipment notes

Sciton. Concord i£ Montreal—PrefeiTed stockCom. stock (for old dividends & new stock)Sinking fund bondsConsolidated mortgage bonds (for $2,000,000)

Soston rf Lowell—StockMortgage, wharf purchaseBondsNew mortgage bonds (.$750,000 authorised)

Boston <« J£ai«e—StockBonds, coupon and registered

Boston <£ New York Air-Line—l8t mortgageBoston <£• Providence—StockBonds to purchase branches, coupon or registered

JBuif..i)rarf.<t/>i((«.—Gen. M.,(incl. 10,000 ac. I'd

Buffalo, New York <t Erie—Stocklet mortgage bonds2d mortgageConsol. mortgage

Buffalo, .V. r. d- Philadelphia—latmoTt., gold2d mortgage (for $1,000,000)

BurliJigtoH, C. Uapids <e Minn.—1st M., gold s. fIst mortgage, gold (Mil. div.) coupon or regist'd.Pacific extension bondsMuscatine western extensionIncome and equipment mortgage

Bwri.di Mo. Ktc.—1st M. on r'd& 400.000 ac's I'd 1 ij^Bonds, conv. Into C. B. & Q, st'k (3d scries).

| SmIncome b'ds, oonv. C. B. & tj. st'k (4th ser.) V " £Ist mortgage, cony. do. on branch (5th ser.) a,qConvertible bonds, C. B. & (}. st'k (6th ser.) 1 C*

Bnrk <t Mo. in J\^e6.—1st M., conv., laud gr.. ) CoupBonds, convertible till Jan., 1882 S mayOmaha <& 8. W., Ist mortgage, guar )berg.

Burl. tC- Southwest.—1st mort., ep., may be regCairo *£ St. Louis—Ist mortgageCairo t£ Vineennes—1st mortgage, goldCali/trn ia Pacific—I st mortgage, gold2d mortgage, endorsed l>y Central Pacific

Camden a Atlantic—Stock. ($838,130 of it pref.)1st mortgago2d mortgage

Camden it Burlington Co.—lat mortgageCanada Southern—1st M., gold, s. f., cp. & reg

Tol., Can. S. & Det., 1st mortgageCarolina Central—lut laottguge, gold, couponIncome bonds, coupon

Oatawlssa—Common stockNew prefeiTed stockOld preferred stock1st mortgage bondsChattel mortgage bondsNew mortgago

Milesof

Road.

5885230

411421

92 1492145(i

67

2127039

2943

160

160113

143

"52

63

"2614214014014012112121994241431

281

40

i'g'i

4910515015614114160606031

291

242242100

10065

100

Dateof

Bonds

18501853187018551874-518721874187518551871187118751866186218.541857

18411871-218751854

•69-'70

18581873

1873

1873-41875

1873

1857

1871187318691872

18741863186818891869187018691873187218701871187118691871

I8.V3185518671870

18731874

1872

Size orpar

Value.

$100100100

£200£100£200

1,0001,0001,0001,0001,000500500100100

1,0001,0001,0001,0001,0001,000100100

100 &c,100 &c,

500

100500 &c,1,000100

1,600100

1,000

500 &c,

1,6001,000

50 &c.500 Ac.500 &c.500 &c..500 <tc.

5(X) Ac.500 &c,1,0001,000

1,6601,0001,000100

1,0001,000500 &c.1,000

1,6601,000

50

"501,0001,0001,000

AmountOutstanding

$13,143,4004,348,4691,650,000579,500

1,710,0003,398,9563,253,0262.000,00(>9,198,8529,576,0001,000,000140,000

1,500,0003,000,0001,133,0001.100,0001,000,000499,500745,000600,000

20,129,282103,000

4,790,000800,000400,000499,600600,000800,000

1,000,000624,000

1,309,5003,250,000200,000999,500500,000

7,000,0002,000,000500,000

4,000,000600,000580,000950,000

1,922,000262,000300,000

2,.582,0OO805,500

5,400,0002,200,0001,800,000800,000

2,000,0004,638,250308,500300,000290,000407,000

5,715,000600,000

1,034,00020,000 p. m,2,500,0003,500,0002,250,0001,600,0001,215,550490,000500,000350,000

9,000,0001,.500,0003,000.0003,000,0001,159,5001,000,0002,200,000230,500209,850

1,300,000

INTEREST OB DIVIDENDS.

Rote perCent.

535666

6g.6g.%'6Og-%'8666IH56776783

"e'

6&7367

7 or Cg.

774773>a777g.6g.10

l^-7 g.

78888888877g.7g.

r;«-

?«•

67 g.

7g.««

'213

31a7

WhenPay'blc

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

A. & O,M. & SJ. & J

& J.& S& o.& J& J& J.& o.& J.

A. & O.J. & DM. & 8.

F. & A.

M. A N.J. & J.F. & A.J. & J.J. & JJ. & J.A. & OM. &N.

J. &"j.A. & OJ. & JA. & O.A. & O.

M.'i'NM. & N.F. & A.M. A N.J. & J.

J. & JF. & A.J. & DM. & NJ. & D.J. & JJ. & J,

M. &N.F. & A

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

J. & J.

J. & J.J. & DM. & N,A. & O.A. & O.J. & J,

J. & J.Q.-J.

J. & JA. & O.F. & AJ. & J.J. & J.J. & J.A. & O.

M.'& N.M. & N.F. & A.P. & A.F. & A.

Where Payable and byWhom.

Baltimore Office,dodo

Bait., Mech's Nat. BankBaltimore Office.

IjOndon.Baltimore Office.

London, Naylor & Co.London.

doBaltimore.

Bait., Mech's Nat. BankBaltimore or London.

do doBaltimore.

N. Y., Russell Sage.Trenton, N. J., Office.

Philadelphia.do

Boston, Klaaer, P. A CoBoston Office.

dododo

Boston, Boston N. Bankdo dodo doBoston Office.

Boston Office.do do

Boston, at Office.do dodo do

Boston, at Office.do doNew York.

Boston, at Office.do do

New York, Erie RR.N. Y., Erie Railway.

do dodo dodo do

Y., Farm. L. A T. Co,do do

New York or London,do do

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

do dodo doBoston Office.

dodo

Boston, Co'g Office.

New York and London.N. Y., Nat'l Park Bank.

do doCamden, Co.'s Office.

Phlla., Farm. A M. B'k.do do

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

N. Y. Office, 4 Broad st.

do do

Philadelphia.dodo

FMladelphia.do

ito»uf»—Prlncipal. When Due.

<S<ofAr*—LastDividend.

May 1, 1876May 1, 1870April 17, 1875

1880188518951890

Jan., 1877-'79Mch. 1, 1902

19101876-1900

1885July 1, 1911April 1, 1911Jan. 1, 1915Oct. 1, 1896

187718851887

April 10, 1876Nov. 15, 1875July, 18761891 to '92

July 1, 1895July 1, 18841889 A '90

1881, '82 A '83

May 10, 1875

18891893

Jan. 1, 1875Oct. 1, 1879April 1, 1892

May 15, 1876Jan. 1, 1893Aug. 1, 1895May 15, 1876July 1, 1893Jan. 1, 189GJune 11,1875Dec. 1, 1877

.July 1, 1896July 1, 1893May 1, 1919Feb., 1902

Oct. 1, 1893July 1, 1878April 1, 1879July 1, 1894July 1, 1889.July 1, 1894Jan. 1, 1883June 1, 1896May 1, 1895Oct. 2, 1901Oct., 1909

Jan. 1, 18891891

April 15, 1876Jan., 1893Oct., 1879

1897Jan. 1, 1900

July 1, 1923April 1, 1914

Nov. 16, 1875Nov. 16, 1875Feb. 1, 18821888 to '89

Feb. 1, 1900

Baltimore db Ohio.—The B. & 0., in comparisonwith its rival trunk linos, cluimB a much Hniallercapital account m porpoilinn to the value of itsproperty. The eross parnings of main stem andbranches, and financial condition of B. & O. Co.for four years were as follows :

1874-5.,1873-4.18?4-31871-a.

GrossEarnings.

, $10,-,14,178

11,603,955l«,i58,844

10,654,4:2

NetEarnings.$4,3."B,S)t>

5,018,0604,934.T964,532,ai«

Stock andDebt.

$47,178,134'15,87B,!)87

S8,5«7,89!)

a«,16l,899

The gross earnings of the main and all leased linesIn 1874-75 were $14,428,552, and net earnings,$4,490,096. The company claims a surplus of$34,023,'j66, in the value of its assets above itsstock and debt, which surplus is representedchiefly by securities of branch lines, receivedfor advances made by the B. & O. In Dec, 1875,the operating contract with Pittsburgh & Connclls-ville road was ratified, by which B. & O. guarantees$10,000,0(10 bonds. See report in Chronicle, V. 21,p.487; V. SO.p. 183,381,404,453, i92; V. 41, p. 371511, 591; V. 22, p. 374.

Baltimore <6 Potomac—This is the line of thePennsylvania Railroad from Baltimore to Washing-Ion. The bonds are guaranteed by Pcnn. Kit. andNorthern Central. Last annual report V. 21, p. 37.

BelteviUe <& SmlhernllUnois.—Lea.'Kd and operatedby St. L. Alt. * T. n. Co. on a percentage of grossearnings, tiross earnings, '75, $279,337. (V.20, p. 330.)

BeliuWe Delaware.—Stock is $995,700. Leased toUnited Co.'s of N. J., and lease assigned to Penn. RR.Net earnings go to lessor. In 1875 net earnings of B.B. were $228,404, a^alni't $4:6.867 in 1874. Boatingdebt, tl,l!4b,392. (V. 20, p. 488.)

Berkshire.—Leased to Hotisatonic, at 7 per centper year on stock.

Boston <t Albany.—The Boston & Albany is theinain western trunk line of New England. In pastthree years the fallowing has been its exhibit:

Gross Net Total StockEarnings. Earnings. and Debt.

1874 5 $7,631,139 $2,262,147 $26.47!',882187:1-4 .... 8,96.3.128 2,411,916 2.5,4'2,100

1872-3 .... 9,798,0:« 2,2.3fi,873 24.183,100$.5,000,000 new bonds were authorized in Feb., 1875.

(V. 20, n. 14, 162, 592; V. 21, p. 484.)Boston, Clinton di FUchbvry.—The stock outhtand-

ing is $872,600. Net earnings for the year endingSeptember, 1875, $401 202; a dividend of 3 per centpaid on pref. stock Jan., 1876. (V. 21, p. 84, 391.)Boston, Concord cfe Montreal.—Gross earnings for

the year ending with March, 1875, were $664,194;net earnings, $140,208. There are also $76,000 oldbonds duo in 1865. (V. 20, p. 5*0.)Boston S ZoH'rf/.—Operated with the Nashua &

Lowell, which receives 31 per cent. (V. 20, p. 85;V. 22, p. 42 )

Boston <t Maine.—Net income, 1874-5. over interestpayments. $607,97^. Pools earnings from competingpomts with Eastern. (V. 20, p. 14, 614; V. 21, p.o33; V. 22, p. 280.)

Boston db N. Y. Air iims.—Formerly N. HavenMiddletown & Wii. Road cost about $6,000,00i),

represented now by $3,000,000 pref. stock and $1,-000,000 common.Boston tft Providence.—The bonds and al.>o $934,000

notes have been issued for purchase of branchroads. Total income, 1374-5, $1,581,258; net, overoperating expenses, $147,236. (V. 21, p. SbO.)

Buffalo, Bradford db Pitt^urgh—Vaier perpetuallease to Eiie at $40,600 per year.

Bnffalo, New York & S^.—Leased to Erie in18K1, for 490 years, ut 7 per cent on stock and interestand sinkin; fund on bonds. In 1873 Erie bought$500,900 of the stock at $150 per share. (V.20,p.6I,614.)

Buffalo, New York dk Philadetphia.—Th\s is theconnecting line of the Philadelphia & Erie withBuffalo. In 1874 the net earnings were $180,813.

Bunlnfflon, Cedar Ripids <4 Minnesota.—Xa K'4dcfaalt was made in Interest. A decree of sale in

foreclosure was made November, 1875. (V. 20, p.

p. 235, 520, 545, 570; V. 21, p. 85, 277, 591) V. 22, p.350. :m.)Burlington <t Missouri i?it'«?'.—An agreement of

consolidation add a perpetual lease to Chicago, Bar.& Q,uiucy, was made in Oct., 1672. In August, 1875,stock of Chic. Burl. & Q. was issued in place ofstock of this Co. and for convertible bond-. Annualreport V. 20, p. 335. (V. 20, p. 139; V. S2, p. 87.)

Burlington dk ^fissouri in Nebraska.—The stock ig

$8,583,750. A report of company's operations. Ac,to Jan. 1, 1376, ha" not been published, but wchave the earnings in 187.i as $':33,843, and expenses,$351,61:1. The total land sales up to Jan. 1, 18';6,

amounted to 731,464 acres for $3,335,075, after de-ductions for dead contracts. (V. 20, p. 289, 593.)

Burlington <4 Sout/iireslem.—DeftLiMeA Nov., 1873.Foreclosure in progress. (V. 21, p. 159. 441.)

Cairo dh St. Loriis.—Defaulted in 1873 by failure

to receive town and county bonds. Road completedFebruary, 1^75. (V. 20, p. 208, 313; V. 21, p. 31,

441; V. 2'.>, p. 352.)

Caii'O cfe FirtCCTin''^.—Defaulted in 1874. In handsof receiver. (V. 20, p. 4!)9; V. 21. p. 63, 02 )

California Pacific. ?;xtension bonds of $3,500,000and incomes of $l,Ono,000 have been in default, buta proposal offered by Central Pacific. (V. 21, p. 315.Also V. 20, p. 516; V 21, p. 169, 277; V. a>, p. isi.

280.)

Camden dk Atlantic.—Net earnings, 1875, $307,642.

Camden tfe Burlington Co.— Leased t> UnitedCompanies, at 6 per cent on $:J82,000 stock.Canada Soutlicrn.—Defaulted .lanuary, 18 '4, and

coupons funded, but interest not paid .July, 187.5.

In January, 1H76, supposed to have passed into N.Y.Central control. (V. 2i. p. l.W; V. 22, p. 16, 399.)

Carolina rs/i/rff/.—Formerly Wilmington, Char-lotte A Rntherfurd. Passed interest January, 1876(V. 20, p. 15.)

(7a(a!ow«>i.—Leased to Phila. & Read., Oct., 18TS<New preferred stock dividend to be 7 per centin 1875-6 and afterwa d. See terms V. 15, p.491; also, V. 16, p. 517; V. 13, p. 367; V. 20, p. 38t

April 29, 187G,] RAILROAD STOCKS AND BONDB, XV

8nbscrlbers will confer a «reat favor by cIvIiik immediate notice or anr error discovered In tlieae Tables.

DESCRUTION.

For explanation of voliimii Iica<llii{i;»<, &c., hoc noteson fli'st pitge of tubloji.

(Mi/Ki/n— 1 8t niortKaRn, goldCauui/a (f SuinfKfh(tnna—i>tttckVr^lur I'alls id Jft«».—Jioiidson IntiUv. sinlc. fundUcindK 1)11 'M diviHlon, Hiuklu;^ funci

Cedar Uapids if MiKsouri—Vommon stookI'refi^riiKl Htoi;k, 7 per cent1 nt mortgage

dodo

Cenlral. R. It. it Hank, Oa.—Stook(iciiciMl inoitgaKc Cfolnt) bonds ($5,000,000) coup.Miu-oii it Wt'slci-ii bondsliondK for Ktoiini8hip8

Ventral of /oir«— 1 »t inortgaKC gold, couiwnad niortgaKP, gold, $ 1,000 nvv mile

Central of Xtw Jersey—.StockMort gage bondsHoiwlH (convertible Nov., ISir, to 1 877)<;on8olidat*d mortgage (for $25,000,000)Newark & New York, Ist mortgageIjuLlgli & Wllkesbarre Coal Co., 1st mort. guar,

do do Consol m., eonp. guar.Am. Dock & Imp.Co., Ist mort., guar. Cent.of N.J.

Central OhU*—Common stockPreferred stock , .

.

Iflt mortgage bondsCen Iral Pacific—HUtck

1 St mort., gold, (sinking fund, f.W.OOO jwr year)

.

Hubordinate lien, California State aid, goldlionds, (formerly convertilile into U. 8. bonds)Ist mortgage on San Joaquin Valley liranob, goldU. 8. Loan, ('2d lien on certain terms)Western PaciUc, Ist mortgage, gold

do Government lienCal. & Oregon, 1st mortgage, gold (guar by C.P.).C. P.. Ist mort., on C. & O. Br. ($7,200,000 g.) . .

.

San Francisco O. & A., 1st mortgage ($1,500,000)Land bonds on 11,722,400 acres

Charlotte Columbia rf- Atfffusta—l6t m. (C. Sc A.)do consolidated

2d Mortgage for $1 ,000,000Chartiers— Ist mortgageCherry Valley Shar. it Al.—Ist mort., convertChesapeake rf Oh io—stock

1 St mortgage sinking fund gold.Ist mort. cxten. (2d on 427 miles) coup, or regd.

.

Delientures convertible into 2d mortgage1 st mortgage, (Va. Cent. R. R.,) guaranteed by Va.3d mortgage, do. do. couponIncome mortgage, (Virginia Central R. R.,) coup.Ftmdcd interest, coupon bondsIncome bonds (for funding)

CA«»Atre—Stock, preferredBonds, not mortgage

Chester Valley— 1st mortgageChicago rf A ^ton—Common stockPreferred st'ek (pref. 7 p. e. y'rly not cumulative)General mortgage, sterling, for $8,000,000let mortgageIncome bonds (a Ist Hen on income)Jollet & Chicago, 7 per cent, stock

do do Ist mortgage, sinking fundBt. Louig Jack, ife CU., 1st mortgage

do do Ist mort. assum. by C. & A.do do 2d nuirt. assmu. by C. <fe A.do do 2d mortgage

Louisiana & Missouri, 1st mortgageChicago & 111. Kiv., Ist mortgage, guaranteed

Chicago, Hurlinptontt Qiiincy --8tov.kIst mortgage, sinking fund, (trust)Consulidat«d mortgage coupou, (for $;J0.OOO,OOO)Nortlioru Cross K. R. 2d. mortgage, goldTrust mortgage ( Burlington to Peoria)Plain bonds (coupon or registered)Bonds of 1875, (sinking fund $13,860 per year)..Cartilage & Burlington, 1st mort i

Uiioii Peoria & Hannibal, 1st m. | Coup, but mayAmerican Central, Ist mortgage (bo registered.Peoria <fe Iluuuibal, 1st mort J

MilOBof

Road.

40

' 1 -i

«127412870581402il5015

23123120174

07

137137137

121874250

13814G742158123152i.ia20

85195

"23

21427427

«1

21 »a64964932222022038381603737

1.50101

'825

46082510096

32405131

Dateof

Bonds

Size, orpur

Value.

AmountOutstandiug

1871

18041866

186118631866

18721870

18691871

186918721874186718741875

1865-E186418621870

1869

1868187218701870

1869187218711869

186918721872

1874

187318631862

185718641864186818681870

18581873

187218751869186918081808

$1,000100

500 like.

500 Ac.100100

500 .\i('.

500 itc.

500 Ac.100

1,000

500 Ac1,000100

l.(MK)],(M)0

1 ,000500 Ac,412001 ,0001,000

5050

1,000100

1,0001,000

i',6bo

1,000

l",(K)0

1,0001,0001,000

1,(XK)1,000

500 Ac.

100 Ac.1,0001,000

100

100100

1,0001,000

500 Ac.100

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

"ioo1,0001,000

1,0001,000

500 Ac,500 Ac.1,0001,000

Kate per When Where pnyitble, uudby" •- Whom.

$800,000589,110198,000

1,334,0006,8.')0,4<X)

760,60070<l,000582,000

2,332,0007,500,0002,287,000

1 50,000300,000

3,7(M),000925,000

20.525,0005,000,0004,475,000

1 1 ,000,000(iOO.CMXt

10,<KK),0005,000,0003,000,0002,437,950411,5.50

2,500,00054,275,50025,883,0001 ,500,0001 ,483,0006,080,000

25,885,0002,735,0001,970,0006,000,0001,201,000500,000

9,436,000193,500

1,309,000

500,000300,000

15,898,40115,000,0005,426,000

66,000100,000902,000300,000160,.500

1,220,3312,153,300774,600500,000

9,937,8002,425,4003,893,2002,383,0001,087,0001,500,000336,000

2,365,000564,000188,000360,000

2,120,000700,000

37,512,8422,719,0009,916,000941,000(i78,000

2,1.55„500455,000267,000597,000435,000322,000

INTEREHT OR I)IVII>ENI>fl.

Cent.

I'-771

3>a777577

7 g.

2>a7777««•

7336•IK-6g.7g.7 g.

6g.6fig-66g.

««•

7777

I'-688726744Og-771%8777777587^7«-

7

P.nyable

J. A D.J. A J.A. A O.J. A J.Q.-F.F. A A.IF. A A.y. A A.IM. A N.Ij. A D.J. A J.A. A O.

.r. A J.A. A O.Q.-J.F. A A.M. A N.(i.-J.

J. A .T.

M. AN.Q.-M.J. A J.J. A D.J. A D.M. A 8.

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

J. A J.

J. A J.

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

J. A J.

A.AO.J. AD.

M. A N.A JA JA J.A J.A J.A J.

J. AJ. AM. AM. AM. AJ. AJ. AA. Aq,.-.

J. AA. AA. AJ. AJ. AF. A

M. A S.

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

J. A D.M. A N.J. A J..1. A J.

J. A J.

New Yorlt.New York. 44 Boiltli iif.

N.Y.J. 8. Kennedy A Codo do

Boston, Treusm-er.do do

N. Y., Nat'l Park Bank,do dodo doSavnunali, Ga.

New York A Savannah,Suvunnuh, Gu.

New York, Office.do do

Kow York, at onice.do dodo dodo dodo do

London.N. Y.,Ceut. RR. of N.J.

do doBait., at B. A O. olHce.

do doBait., West. Natl. Bank.N. Y. A San Franclsoo.N. Y., Fisk A Hatch.Bacram'o State Treas.N. Y., K. Kelly A Co.N. Y., Fisk A Hatch.

U. S. Treasury.N. Y„ Fisk A Hatch.

U. 8. Treasury.N. Y., Fisk A Hatch.

do dodo dodo do

N. Y., Nat. City Bank.N.Y.,M.K.Jo«up,P.ACo,

Pblladelidda, Penn R.R.N. Y., Mctropolltaii Bk.

N. Y.,Fl8kA Hatch,do dodo do

N. Y., Am. Exeh. Bk.do dodo dodo do

N.Y.

Boston.do

Plilladelphia.M.K.Jesup.P.ACo.do do

Lond;n,.I,S.MorgniiACo.N.Y.,M.K.Je8Ui>,P.A Co.

do doN.Y. U.S. Trust Co.

N.Y.,M.K.Je8up,P.A(^.do dodo dodo dodo dodo do

N. Y., Bk. of Coiiimcroe.do doBoston odtce.Frankfort.

N.Y^., N. Bk. of Com'rce.Boston, Co.'s oBlee.Boston. Co.'s OtUec.

N.Y., N. Bk. of Com'rce.do dodo do

N.Y.,N.B'kofComm'rce

JUltlllt—VTlUCX-pal. When Due.HtJiekf-taHDividend.

1901Jan. 3. 1876April 30, 1884Jan. 2. 1907May 1, 1870Feb. 1, 1870Auk. 1. 1891Aug. 1, 1801May, I9I6June, 1873

Jan. 1, 1893Oct., 1880

July 15, 1899April 15, 1901April 10, 1870

Nov., 1002July 1, 1899

1887Feb. 1, 1899June 1, 1900

Deo. 30, 1875Deo. 30, 1875Sept., 1800

Oct. 1, 18751895 to '98

July 1, 1884Jan. 1. 1883Oct. 1, 19001895 to '90

July 1, 13901899

Jan. 1, 1888Jan. 1, 1892July 1, 1890Oct. 1, 1890

18901895

Oct. 1, 1901Dec. 15, 1899

Nov.. 1899July 1, 1902July 1.'77 to '93

18801884187618771893

July 15, 1375July 1, 1877-'80

May, 1872Mch. 1, 1876Mch. 1, 1876Oct. 1, 1903Jan., 1893Jan., 1883Jan., 1876July, 1882April, 1894

April 1, 1894July, 1898July, 1808Aug., 1900

Mar. 15, 1876Jan. 1, 1833July 1, 1903July 1, 1890Oct. 1, 1890Jan. 1, 1896June 1, 1895May, 1879July, 1889JiUy, 1878July, 1573

Cayuga.—Tha Cayiija Lake roa;l was sold cndersecond mortgage, and this Co. organized. (V. 19, D.2ro.)

Cayiiga dk Smquehanno.—'LeaiieA in perpetuity toDelaware, Lackawanna &, Western. Dividends, 9per year.

Cedar Falls <t Mnnesita.—Leased to Dnbaqne &Siou.^ City, and sublet to Illinois Central at « 1,500per mile yearly, and a per cent of all earnings over(3,500 per mile.

Cedar HajM) <S .1/;«S0Kri.—Leased to Chicago &Northwestern at f 700 of llrst $1..')00 gro^s earningsper mill;; one-third of the next 4^3,000 per mile, andone-fifth of all above that. (V. 2.', p. I(i2.)

Central Railroad <fc Bank, Off.—Leases severalroads, and guarantee.^ $l,49'2,SO) of bonds. InApril, 187.'), purchased one-half interest in WesternRailroad of Alabama at foreclosm-e pale. Grossearnings year enOing Si'pt 1, 1^75. fS.S 8,.'i:j6; net,»1, 199,811. (V. 20. p. S39, 335, 3a8; V. ai, p, 372,417; V. 2J, p. 30.1.)

Central of /»wo.—Decree of sale in foreclosuremade Oclober, ISl.V (V. 20, p. 15, 85. 2.3.'!, 54B; V.21, p. 83, 393, 417, 465, 511 ; V. 2a, p. 110.)

Central of New Jersey.—T\\e annnal report for1875 was given in Vol. 22, p. 326, showinffBOBS eaminijs of t7,4n,6i6; net, |;3.28S,!K>9. Ofthe consolidated mortgage sufficient will be heldto pay all the prior issues. This company alsoassumes $2,310,000 of Lehigh Coal & NavigationCompany's debt and $2 5,793 of the Railroad CarTrust Company. The following table shaws thereceipts, expenses and net earnings, from the begin-ning of 18G3 to the present time; inchulin?. since1870, those of the Lehigh & Susquehanna Division:

Receipts. Expenses. Net eam'gs.18«3 $1,911,976 $811,732 $1,1S7.24I'««1 2.587.18S 1,231,554 l,30i,&311805 8,030,390 l,748,4i4 1,86;,850

1866... .

18671-m^1889. .

18701«71... ,

182'.....18781874 . ..

1S75

Receipts..r$3.6i<1,244

. »..3S0,398

. 8 729,4124.010,121

. 4,3«,5M. K.=41,379

. 7,180,718, H,8«I.3B8

. 8.5'9,«31

. 7,-l 11,OS-

Expenses.$l,98<.97(i

1.878,0 !2

2,379.19!8MJ.1B32..512 2173,703,1414,28'i.«0fi

4,215 5844,140.8014,128,7iT

Net earnS1.H17,1,472.

1.3 (I,

1.387,

],y81,

.3,1.15

2,8»3,

4,865,

4,419,

3,S8i,

Cmtril 0Ai9.—Lease! to Bait. & Ohio RR. in 1866for 2 1 years, rent 35 per cent of gro.is receiptb for 5

years, and 40 after. Pays 8 per cent dividends.

Central Pacific.—Otoss earnings i i 1874 were $14,-

531,355 (currency), and net earnings $'',(lSi.3r8. Landgrant statement. V. '*1, p, 1.38. An abstract of theannnal report for 1874 is uivcn in the Ciikonicle.V. 21, p 251, and earnmijs and expenses later, toJuly. 1875, on p. S42, showing net earning" for six

months of $i.229.7.'3 in mixed coin and currency. 1

Kegnlar dividi-iids of 8 per cent a year now to bedccliired. A settlement with bondholders of Cali-

fornia Pacific has been proposoci, by which the Cen-tral Pacific guarantees certain new bonds to alimited amount (V. 30, p. 8, 37. 42, 178, 18?; V. 81,

p. 139, 4Si; V. ai. p. 81, 233, 352.)

Charlotte, Columbia <t Augusta—Stock, is ti.578,-

000. Net cai-nings in the year ending September 30,

1675, 8250,'104, against $i25,730 the preWoxs year.

Increase in local business, 19 per cent. (V. 21, p.

590; V. 2!!, p. 134.)

ffl«r^i<r».—Leased to Pitts. Oin. A St. Lonis. andoperated by Penn. Co. Net earnings go to lessor

in 8,5, $i4,;2r. (V. au, p. 427.)

Cherry VilUv, Shar. <C >lf.—Transferred to Dela-ware A Hudson Canal Co., April, 1875. luterei^t

unpaid in December, 1873. (V. 30, p. 404.)

Ch'sajieake dk OAio.—After the panic, default

was made on interest. Net earnings ia 1S74 75.

8!48,8ii8. Keceivcr appointed October, 1875. andforeclosure proceedings will be had for thepurpose of rc-organizatinn A very completestatement of outstanding liabilities and the plan of

re-organization are alveu in V. 21, p. 5«9. (See V.M. u. 182, 1S4, 337; V. vl. p. .323. 371, 417. 441, t.34,

509, 012; V. 2j, p. 42, 87, 131. 2Sii. 375, »S.)

Cheehire.-'Sct income. 1874-75. $76,927. Divi-

dends, 4 per year. (V. 18, p. 295; V. 21, p. 59 j.)

Chester Valley.- In hands of trustees and leased

to Philadelphia A Reading.

Chicago <6 All n —The report for 1875 Is given at

length in V. S2, p. 235, and shows gross earnings of

$4.':.V.,-(«, and net earnings of $2.0^^.8'S. aealnst

lta,3.36,>-76 in 18*4. Joliet A Chicago RR. is leased for

interest on stock and bonds. St. L., Jack. A Chic.

Railroad leased at 8240,000 per year. Loui*i!uia AMo. RR. built and ojx'rated under contract. (SjeeV.

19. p. 479; V. 20, p. 129.) The Chicago A Illinois

River bonds had not been sold to Jannary. 1876,

and thee was some litigation. (V. 18, o. S.S); \ . 19,

p. 16, 479; V. ». p. 176, 265, 2S», 600; V. SI, p. 185,

612; V. S2, p. 25o.)

Chicago. Burlington <t Ouinq/.—Stock was issued

In e-xchange for that of Ihe Burl. Mo. River in !>ept.,

1875. Gross earnings for 1875 were $ll.7»l,«)l; ex-

penses, Sn4.30,122; net earnings. $5,3t>l,«3B: interest

charge, t2,014.7(i9. The C. B. * Q. leases nnmeroosbnmch io.%ds. giving them a trafllc gusrsntee lus""'?

40 or 50 p. ct.) for purchasing their bonds. Bnonga

of the consolidated moitgagc is reserved to ts/e "Pprior debts. In Angsit, 1875. stock of th«

Company was issued bi exchange for Burlington AMissouri River Railroad stock, and the same is al»»

eiven for the convertible bonds of Burlington «Missouri River Railroad. (V. », p. l.'s 37, 80, liH.

336,499: V. 22, p. 231.)

rA EAILROAD STOCKS AND BONDS. [April 29, 1876.

Sabaerlbera wUI confer sreat niTor br cIvIub immediate notice of any error dUcoTered In the«e Tables.

DESCRIPTION.

For explanatlou ot coliiiun heudlnga, dec, see uuteoon flrst iiagc of tables.

Milesof

Road,

Date Size, or i

Bonds Vafue. loutstandlngAmount

Ohieogo, Burlinglun it Quiney—(Continuedi—Ottawa, Oswcito & Fox Rlv., Ist m. . 1 r'/.i„>ni.lUiuolB (Jrand Tnink, 1 »t nioit I ,,,„ .I,'.^. i'.^

QuiHcy & Warsaw. 1st uiortKafie .... I p'i^";"L,iKeokuk & 8t. Paul. 1st nuirtKnge,.... !

rc*i8icrt<i.

A'.bia Kuoxvilln A Dps Moiui'S, 1st mortgageChicago d Canaria Soiillifm—lut uiort., gold...Chicago, Cinflnnnti rf- IiOuitrille—lnt nioit... .

Chic., Clin, tt rmb.—lut niort., coui),, rpKis'blc.Ohie., Danr. it r«n.— 1st niort.. Rold, siuk'g TdIndiana cxtcn., 1st niort., gold CJd ruort on 114ni)

Chieaffo, DubiiijMf it: Minnesota— iHt moTtChicago if: fown— 1st niort., coup., may bo regChicago, Jowa it yettraaka—Stock

'id iuortg!igo (now Ist)

3d do (now3d)Chic. i£ ilich. L. A'Aore—Ist inort '; Coupon,iBt mortgage i but1st mortgage

fmay be

1st mortgage, on branch .1 registered.Chicago, Milwankee it SI. Paul--Com. stockPreferred sfck (7 p. c. y'rly, not cnmulatlve)Consolidated mortgage (for $35,000,000)...1st mortgage2d mortgageIst mortgage (Iowa & Minnesota)1st mortgage (Minnesota Central)iBt mortgage (Iowa & Dakota)let mortgage (Prairie diiChien)'2d mortgage ( Prairie du C'liien)

Milwaukee & WesternSt. Paul* Chic. 1st mort., $& « (conv.)....let mortgage, Hastings & DakotaIst mortgage, ('hicago & Mil. lineEquip. &. bridge bonds (may be paid in 1878)Western Union, 1st mortgage ,

Chicago it Sorthircslcrn—Common stockPreierre<l st'ck (7 p. c. y'rly, not cumulative)Bonds, pref. (sink'g fund), Ist mort.. Chic, to Osh.Interest bonds, funded coup., 2d m.. Chic, to Osli.1st mort., general. 3d mort.. Chic, to OshkoshAppleton exten., lat mort. on 23 miles and l.ind.

.

Green Bay exten.. 1st mort. on 2(i miles and landlet mort., Galena .fc Chicago Un. KK. extended. .

.

Miesis.«tppi River Bridge b'ds, lien on uet earningsElgin & State Line Railroad bondslet mort. (Peninsular RR.) on roads and lands. .

.

1 St mortgage ( Belolt ik Madison Railroad)Coiisol. sink'g f'd M.. (all above convert, into this)Madison extension, 1st mort., sinking fund, gold.Chicago <fe Milwaukee, Ist mortgage, 2d lienMenominee extension, Ist mortgage, goldGen, cons, mort., gold, coup, or reg. ($18,000,000)Winona 4 St. Peter, Ist mort., guar by Chlc.&NW.

do 2d mort., do dodo Ist M. exten, gld, land gr., a. t.

La Crosse, Tremp. & P. Ist mort,, guar. C. & N.W.Iowa Midland, 1 st mort., guar, by Chic. & N. W.

.

Northwestern Union, 1st mortgage, goldChicago it Paducah—1st mortgageChicago, Pekin it HoTithureatern—lat mortgage2d mortgage

Chicago, Hock Maud it Pacific—Stockl9t mortgage, sinking fundBrajuh bonds (sinking tum\ $40,0<X) from 1877 ).

Chic. & S'wcstern, Ist mort., gold (guar in cur)..

.

CSiic. & S'western, 1st mort., gold, not guarCincinnati, Hamilton it Z>oj/(o«—StockIst mortgage of 1853.2d do 18653d do 1867Consol. mortgage (for $3,000,000)Cln. Ham. & I, (.lunction) KR., Ist mort., guar...

Cincinnali, Lafayette it C/iica^/o—1st mort., goldConsolidated mortgage

Cin. it Martin^rille— lat mort.,gnar by lesseesCincifuuUi it Muskingum Valley—1st mortgageCin., Richmond it Chicago—Ist mortgage2d mortgage

Cin., Richmond it: Pt. lY.—1st mort., gold, guar

70444043

7360

1142113180828282

li)511)510552

l,3i»l>

1,309

sfo3702'20

49

235235

iSo7585

i971,4591,4501931931032326

248

7446

7701'26

85120

1,058137137175287562

1.56

7064

674359

25050•K)

6060606098757538148363690

187018701870186918751872186718711860187218711871

186018(i31869187018711872

18751863186418071864186918681868186118721873187318731866

185918621859

18621853

1863186318651871

187118721870-11871-11871187018701872187318711871

1866187518691871

18,5318651867187618731871187418651870186618691871

$1,000500 &c.1,000

500 Ac.1,0001,(HK>

500 &c.1,0001,0001,0001,0001,000100

100 Ac.500 &c.1,0001,0001,0001.000100100

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

i',6oo1,0001,0001,000100100

100 .fee.

100 Ac.100 .fee.

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

500 &c.1,0001,0001,000

500 (fee.

1.000.500 &c.500<fec.1,0001,000100 &c.1,0001,000

500 &e,1,0001.0001,000100

1.0001.000100 &c.1,000100

1,0001,0001,000

1,0001,0001,0001,0001.0001.0001,000

INTEREST OR DIVIDENDS.

Kate perCent.

I

Uondii—Priucl-'pal, when Dua.

When W^here Payable, and bJ'i iS'oc^-k—LastPayable Whom. Dividend.

$1,081,000900,.500726,000318,.500463,(K)0

2.500.0001 .000,0001.500.0002.500,0001„500.0004„4250O01,7.50,0003,838,'200568,'200211,500477,000

3,523,0001,350,0001,280,000

15,309,26112,274,4833,872,4275.000.0001.091.0003,810,000190,000837,000

3,674,0001,315,000234,<X)0

4,000,000467,000

2,500,000245,000

3,500,00014,093,06021,484,1131,238,700740,300

3,578,000146,000265,000

1,692,000186,000132,000338,000284,000

4,'277,0003,150,0001,700,0002,700,0009,758,0002,7.50,0001,650,0004,375,0001,000,0001,3.50,0003,500,0002,808,000700,000300,000

24,909,7000,000,0001,000,0005,000,000i.ooo.oo<i3,500.0001,250,000500,000500,000

1,846,0001,1*20,000471,000400,000

1,500,000560,00065,000

1.800.000

888887g.787 g.

I'-857788887 8.

14 bds.7

7787-37?«•

71073»3SJa77777776777!«•

7g.5^-

77g.108

?«8

67g-7g.4778777 g.7g.

77g.

J. & J.A. &. O.J. & J.A. <t O.J. &. 3.A. &. O.J. & J.!

J. & D.A. & O.A. & O.J. & D.J. & J.J. & J.J. & J.F. <fe A.M. & S.

J. & 3.M. &. N.M. & S.

J. & J.J. & J.

J. &".T.A. & O.J. & J.J. & J.,1. & J.F. & A.F. & A.J. & J.

J. &. 3.3. & 3.

3. & 3.

3. & D.F. & A.J. & DJ. & D.F. & AM. & NF. & A.F. & AF. & A.F. & A.J. & JJ. & J.M. & S.J. & 3.

(J.-F.A. & O.J. & J.J. & D.J. & D.J. & 3.

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

3. & 3.

F. & A.A. & O.A. & O.J. & .1.

F. & A.M.& N.J. & D.A. & O.M. * N.J. & J.

J. & D.

J. '&'3.

M. & S.

J. & 3.

F. & A.J. & .7.

.7. & .7.

J. & J.

J. & D.

New York and Boston.lioston.

New York and Boston.Boston.

N. Y.. Union Trust Co.N. Y., Farm. L. & T. Co.Best., C., B. & Q. Office.New York, Co.'s Office,

do doBost., C, B. & Q. Offlec.New York and Boston.Boston, by Treasurer.Boston, Merchants' B.k,New York, Park Bank.Boat., Treasurer's office.

do dodo dodo do

New York, Office.do dodo dodo dodo dodo dodo dodo dodo dodo do

New York, Office.London and New York.New Y'ork, Office.

do doNew Y'ork Office.

N. Y., Mil. Ht. Paul RR.New Y'ork, <!(1 .'s Office.

do dodo dodo dodo dodo dodo dodo dodo dodo dodo dodu dodo dodo dodo dodo dodo dodo d»do dodo dodo dodo dodo do

N. Y., Farm. L. <St T. Co.

New Y'ork, Co.'s Office,do dodo dodo do

N. Y'., W'tusiow] L. & Co.do dodo dodo dodo dodo do

N.Y., J.S.Kennedy ACo.do do

New York, Co.'s Office,

New Y'ork, Moran Bros.N. Y'., Winslow, L. & Co.

do doNew York.

July, 1900Oct., 1890July, 1890April, 1879

Apriri,"l902Jan., 1887

June 1, 1890April, 1009April, 1912

June 1, 1896JiUy 1, 1901Jan. 1, 1876July 1, 1888Aug. 15, 1892Sept. 1889July, 1890Nov., 1891

Sept. 1, 1892Jan., 1871

AprUlO, 1876July 1, 1905

18931884189718941899 •

189818981891

Jan., 190219021903

June 1, 1883Feb. 1896

Dec. 28, 1872July 15, 1878Aug. 1, 1885Hay, 1833

Aug. 1, 1885Aug. 1, 1885Aug. 1. 1883

1882Jan. 1, 1884July 1, 1878Sept. 1, 1898Jan., 1888

Feb. 1, 1915AprU, 1911

July 1, 1898June 1, 1911Deo. 1, 1902Jan. 1, 1887Not. 1, 1907Dec. 1, 1916April!, 1878Oct., 1000

June 1, 1915July 1, 190SAug. 1, 1901

1891April 27, 1876

1896Aug. 1, 1895Nov., 1890

ApriY,1873May 1, 1880July 20, 1885June, 1876

1806Jan., 1003Mch. 1901

Nov. 1, 1914JiUy, 1905Jan., 1901July, 1895

Jan. 1, 1889June, 1021

Chicago <ft Canada .S&i/MCTn.—Connection of Can-ada Southern. Interest not paid.

Chicago, Cincinnati <S Louisville.--^o informa-tion furnished.

Chicago, Clinton ifi JhiJbfuque.—This road defaultedin 187.S. It was built byfconstructlon companies inwhich directors of C. B. & Q. wer(! stockholders.(V. aO, p. 85, 1S4; V. 31, p. 14, 613 )

Chicago, Damille it 71«c«i/i««.—There is also aM mortgage for $1,000,000 and a chattel mortgageof $1,000,000. most of whicli are pledged. Defaultwas made in 1873, and coupons ]>artly fanded, sub-sequently receiver appointed, and litiuatlon in prog-ress. (V. iW, p. m. 241, 866, 289, 313, 357. 382, 404,458, 499, 570; \. 21, p. 157, 185, »17; V. 22, p. 87, 3M.)

Chicago, Dxibtique * .Vi/maw^a.—Dcfaulted De-cember, lb73. same as Chicago Clinton & Dubuque.(V. 20, p. 86, 139, 184; V. 21, p. 14.)

Chtcigo <t loiea.—llaa a traffic guarantee of Chic.Uurlington & Quincy 40 per cent for purchase ofbonds. (V. S2. p. 87.)

diicago, Iowa <ft Nebrw>l-a.—lAitLae.ii In perpetuityto Chicago & Northwestern, at 37)4 per cent ofgross receipts.

Chicago <fc Michigan Lake .fAorf.—The first mort-gages, main line, have traflic ngi'ccnient from Miclii-gail Central. In default for intere-'t since July, 1»73,e«cept on first bonds $477,000. (V. !7, p. 188; 211 ; V.18, p. 14; V. 19, p. 247; V. 20, p. 60, 312.)

Chicago. Milwaukee <fc St. Paul.—lhc followingis a comparison for three years:

1875. 1874. 1873.

Miles 1,399 1.399 1.399Stock . $57,673,744 $27.C73,744 $27,673,744Debt 27.IS9.«0a 27.119,610 26,'«-6IOKamingS ... 8,855,743 8,953,017 9,016,123

Op. expenses. .5,170.854 5,871,116 6,1191.560

Net earnings. 3,066,389 3,081,900 2 451,663

The issue of consol. bonds of 1875 was made to sub-stitute for that of 1874 : of these bonds $87..'i39.000 arereserved to take up old debt. The dividend on pre-

ferred stock March, 1874, was paid in consol. bonds,and the same April, 1876. See statement V.'22, p. 280.The sterling bonds of 1872 are convertible into dollarbonds. DIviiiends have been paid since 1869—onpref. stock—in 1876 14 per cent, in bonds; in 1874 7in bonds, 1873 7 cash, 1872 7. 1S71 7, ts70 7 and 3scrip; on common stock in 1871 7 scrip, 1870 3 cashand? scrip. V. 21, p. 38, 188, 253, 612; V. 22, p. 280.)

Chicago t6 Jforlhwest.—The fiscal year ends withMay. The last annual report will be found in theCiiRoxici.K. V. 21. p. 206. The net surplus of theyear on the Chic. & Nortliwest. lines proper, afterpaying Interest, was $1,366,167, and on the wholesystem, including proirietary roads, $518,266. Thenet earnings of proprietary roads were $282,()04, andthe interest on their bonds, $l,l*2i».iH)5. Lands ofthe company are 2,l08,64;lacres unsold, an,! wereonly recently placed lu market. In 1874-5. a4,29()

acres were sold at an average price of $4 78 peracre. The nominal surplus balance of the Companj',May 31, 187,%, was $2.6.37,612. Operations for thelast six fiscal years compare as follows:

1874^75 ..

1873-74. .

.

1872-73...1871-731870-71..

Grossearnings.

, $12,707,7211, 14,410,124

, 12,73>i,6fl7

, 11.402.161ll,(i94,914

1869-70 12.535,4-28

The trust deed of the

Expensesand tascs.$7.ft84.6!H

9,334.4508,178.'237

6,810.026

6,3 i.noa8,1113,317

Netearnings.$4,723,1315.075.6734.568,3704,592,1355,8a3,408

4,523,111

cold loan provides contin-gentlv for a possible issue of $4«,000,000. by uiti

inately absorbing all tlic other bonds and also nil

subsequent issues, including all the bonds of theproprietary roiuls of the connjany. to2etlier aggre-gating $35,349,000, wliich amount is reserved fromthe $48,000,000. The residue of the gold loan, viz.,$12,ti51,(X)0. represents all the additional Indebted-

!

ness resulting from the mortgage. Dividendsi

have been paid—July, 1878, ;ix on preferred; *

December. 1872, 3)f on both; June. 1872. SX on !

preferred; December, 1871, S)i on preferred; June,

!

1871, 5 on both; December, 1870, 5 on both;June, !870, 2 on preferred; December, 1869, 5 onpreferred, 4 on common ; June, 1869, 5 on both ; De-cember. 18H8. 5 on both. (V. 19. p. 295, 375 528;V. 20. p. 136, 186, 593; V. 21, p. 109.)

Chicago c6 /'a^/wci/t.—CompIet<;d in July, 1874.

O'. 19. p. 16; V. 20, p. ;M7; V. 21, p. 85.)

Chicago, Pekin it Southwestern.—Opened in 1S7SGross carnlugs first half of 1874, $66,346; net,

$33,720.Chicago, Rock Island <fi Pad^c—'Set receipts in

year eliding April 1, 187.5. $3,543,'<83, against$3,'i56,684 in 1873-74. The income account for yearwas as follows : Gross receipts, $7,199,613; netreceipts, $3,531,283; dlvideuo paj-ments, $1,678,384;interest, &c., $755,000; surplus for the year, $1,109,-

899. Chicago & Southwestern road is leased andinterest guaranteed on $5,000,000 of its bonds;the others are in default. (V. 20, p. 614; V. 21,

p. .38, 180, 2.73.)

Cincinnati, IlamVton <f: Dayton.—See report inV.•11, p. 62, showing net income of $197,192 in 1874-5.

Investigating Committee's report. V. 20, p. 357.

(V. 19, 1). 183; V. 21. p. 62; V. 22. p, 280.)

Cinclunull, Lafayette ct CAicajo.—Lafayette, Ind..to Kankakee, 111. Gross earnings in 1874, $4.'i3.717.

net. «'22.1,4S8. Cost ot road, Ac, $3,752,870. (V. 30,

p. 568.)Cincinnati c6 Marfinsrille.—Recently leased again

to the Ind. Cin. & Laf. Interest in default somevears. Hccciver appouited, Feb., 1876. (V. 20, p.•289; V. 22, p. 232.)

Cincinnati A Musklnijum Valley.- Is leased for 99years from 1873 to Pittsb., Cin. A St, Louis for netearnings, but bonded interest is guaranteed. Netearninss, 1875, $.35,744. (V. 80. p. 427.)

Cincinnati, litchtnond d- Chicago.— LeHaed to Cin.,Bom. A Dayton, which owns iiiost of the stock.Net income above interest, 1874-5, $25,623. (V. 21.p. 62.)

Cincinnati, Rlclimond * Fort TI'ayHA—Leased toGrand Rapids for 99 years. Interest on bonds i«guarante.d by Grand Rapids, Cincinnati HamiltonA Dajton, and by Pennsylvania Co. (Y. 20, p. 10.)

April 29, 1876.1 RAILROAD STOCKS AND BONDS. .«dl

SabMrtben will conftor a icreat tmror hy«( immedUte BOllea of any error dUeorerad la thcae

dk8(;ription^ _c- — ' '

fur explanation of column iHtadlngn, iScv., sve notett

on tlmt i>aito of tables.

Ciiieinnali, SiindKski) it Vlereland—StoeliPreferred stockMortgiMcc bonds, Handiwky, Dnyton & Clnclmiutl

do HiindiiHky I'lty & Inddo Clnclunittl, Simdnsky & «;ievo..

Cintinnali rf Sprlnijflelil—lKt mortK»|ti'> f?xiiir

2d martgagv(Hn., Wab. tt Jfic/i— iHt inortKit^oVhteland, Cohttnhutt, Vhirinnali tt InU,—8tork.. .

Irt mortgage ((;., C. & V. KK.) $y5,tK>0 a year. ..

do (B»d. & Ind.) cxcli. foi' now mort.

.

do v., C, <;. & I. Hlnkhiff fundOonsolldated niortjrngo (for $7,1500,000)

Cletttand <S: ilahoniug I'aWej/—Stockl8t uiorlaagts fXtiMidcd.Sinking nmd, M niottgiige (now 2d)NllOK ijt New LJs)>oii. IM mortgage

Clti^and, ilLVenion tf /W.—lst mortgage, gold...I8t uiortgago. ('oliimbiis ExtensionIncouu' n)ortguge for funding

Cleeelandii iVW.«oi/c(/A.—Guaranteed stock4th mortgage (now 1st)C;oni>oli<lated sinking fiuid mort. for $5,000,000.ConsU'uction and eiinipnient bonds

Oifxcland. Tunrarairnii Viillnj it: Wheeling— liit in..ilolehronkdale— 1 st mortgageVoiorado VetUral^XsX mortgage, eonvertibleOolumftuJt i£ Hoekinq Valley—Stock

li;t mortgage, sinking fund l)OndsIdt mortgage, I-ogau & Straitsville Branch2d mortgage iHimIs

Cot«mbu«, Chicaantl Indiana Ventral—HtoekIgt mortgage (joliimbns, Chio. & Ind. Central...

do (( 'hieaiio A Oreat Eastern)do (Columnus & Tudianapulis Ceutrul)a» (Union & Logausport)do (Toledo, I/Ogansport & Burlington)do (Ooluml)us * Ind. 1st and i!d prcf.)do (Cincinnati i Cliicago Air I,iDe)...

lid mortgage (Coinmhus iSr Indianapolis Central)do (Indiana Ontral)do (Chicago <k (ireat Eastern construe.)do (Columbus, Chicago &. Ind. Central)

Income oonvorti!>l« do doIncome (Toledo, I-ogansport & Burlington)..

Coinmhus, SpringJIeld d) Cincinnati—1st mortColumbus rf: Xenia—Stock

1st mortgagefJ»i?o>r<i—StockOoneord <l Por(»mo«/A—StockOonnectieul <t Pn«ii««io»ff—StockNew mortgage (for $1,500,000)1st mortgage, sinking fundNotes, couponMuesawippi st'k, guar, same div. as Conn. Sl Pas8.

do bonds, guar. I>y Conn. & PassCnmitctifut Oe/ilra/— 1st mortgage for $4(X),0<X)Oonneeiicvt Rivei—Stock

Mllnaof

Road.

171171

804881

471138202.SOO3»0

"67«73,->

14.')

199190199

18808!)

761389

587

1st mortgage (sinking fund now $148,931).€»nnectieul Valley—lut_ mortjrageConnecticut Weslern— 1st mortgageOonuMting (Philn.)—\nt mortgageOumberland if- I'eii nsylvania—ist mortgage2d mortgage, sinking fund, (guaranteed)

Cumberland Valley—atocli ($^184,900 preferred) . . .

.

1st mortgage'.id mortgageCommon bonds

Dnnburu <C A'onru/fc—.StockiHt, 2d and 3d mortgages

DuneiUe, Haslelon tf- )rilke.sbarre—lat moit/fanville, Vrhana, lil'lan it Pekin—1st M., goldDavenport li SI. Paw/—1st mortgage, goldJ)aytoH <t Jfi<;*t(7aii—Common stociiPreferred stock, (8 percent, guar. C H. &D.)Ist mortgage, sinking fund, Si!30,000 per year2d mortgage:id mortgageToledo deiwt (cost $353,910) 1st and 2d mortgage

Dateof

Bonds

186618521867187118721871

1860186418691874

18731857187018701871

1S«218671873

18681870

186718701878

1868

1865

4570553541144110110

'3838

565644687

3838825252

"333351

117170142142142142141

1871

18731856'66-'71

18691879

185818711870

18661868

•60-'72

186818601871

1871185G1867186961&64

Size orpar

Value.

$.50,50

1.0001,0001,(K)0100,500

1,0001,0001,000

50,500 Ac.500 &c.

r,()bo1,000

501,(K)01,0001,0001 ,(H)0

100 &c.1,000

50500 &e.1,0(K»1,(HK)100

1,000

AmountOutHtaudlng

.50

1,00050100100

100 &c100 Ac100 Ac

1001,000

'ibo500 Ac.1,000

500 Ae.

1,6001,000

.50

500 Ae.,500 Ac.100 Ae.

100100 Ac.200 Ae.1,0001,000100.50

1,0001,0001,000

500 Ac.

$-1,005,750429,037778,<X)03.50,000

1,072,3002,000,000411,000

1,200,00011,991,092

228,0(X)844,000

3,000,0002,500,0002,759,200630,000487,900500,000

1,350,000950,000!)90,994

11,243,4791,104,8442,701.0001,342,0002,000,000584,000

1,272,0001,920,9501,500,000300,000089,000

13,938,97210,428,000

451,0002,632,000775,000.531,.500

313,000217,750821.000666,.500341,400

3,692,0003,847,000

74,0241,000,0001,786,200302,000

1,500,000350,000

2,175..500670,500289,.500607,500400,000400,000216,000

2,100,000250,000

1,000,0003,000,000996,00080:1,500048,000

1,777,8.50161,000109,50081,800

600,000,500,000

1,400,0002,000,000

iO.OOO p. m.2,393,0(K)1,278,1001,870,000441,000356,000105,500

Kat« p«:Cent.

IXTERE8T OB MVIDeaPS.Wheii Payable and by' Vfhom.

33

77777g.3777

7 or 6 g.3'<j

?«•

77g.7g.

"1^

77777777107

753'fl37673««•

46776665886

777 g.

7 g.

1%o

777

WhenPay'ble

A N.A A.A H.

A I>,

A U.

A J.A A.A D.A J.A N.A 1>.

A N.A A.A 8.

A J.A J.

Q.-M..1. A J.M. A N.J. A J.

A I)

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

Table*.

"Bondt Prt««l"-pal, When l>u«.Sioejia-LtuADtTidend.

X.

Boston, Ofllco.do do<lo dodo do

Y., Union Triwl Co,N. v., Uulou Trunt Co.

Wabash, Indiana.N. Y., U. H. Trust Co.

do dodo dodo do

New York or lyondon.Cleveland fJfflee.

N. Y., Ward.C. ACo.Cleveland, at Ofllee.N. Y., Union Trust Co.N. Y.. WInslow, I.. A Co,

do <lo

N. Y.. Farm. L. A T. Co,do dodo dodo do

aevcland, Ohio.Phlla., Co.'H (Jfflce.

Bottton, Trea«.'H Ofllee.

N. Y.,St. Nloh.Nat. B-Vdo dodo do

X.Y., St. Nlch. Nat. B-k.dodododododododododudodo

dodododododododododododo

A. A O,VariousJ. A JA. A O.F. A A.J. A .1,

VarloiuM. A N.J. A J.,1. A J.F. A A.F. A AF. A A.M. A 8.

Q.-Mwn A S.

M. A N.J. A J.F. A A.A. A O.J. A I).

VariousF. A A.J. A J.A. A O.J. A J. Boston, Bost.A Alb.RR.M. A S.IBoston, Globe Nat. B'k.J. A J.iN. Y., Am, Exeh. N. Bk.J. A J. New York and Boston.

N. Y., Union Trust CoColumhu-H Treasury.

N. Y., Am. Exch. N. B'kBoston, Tower, G. A Co.

Boston.Boston Office.

dododododo

M. A 8.

M. A SM. A N.A. A O.A. A O.A. A O.A. A O.(i.-M.

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

J. A J.M. A S.

A. A O.M. A S.

Philadelphia.New York, Co.'s OfBce.

do doPhlla. and Carlisle, Pa.Phlla., T. A. Blddle A Co

do dodo do

New Y'ork and DauburyNew York, 18 New st.

Phila. Penn. HR. Co.N. Y., Farm. L. A T. CoN. Y., Lond. A Prankf'tClneinnati.C. H.AD.Co.N. Y.; WInslow, L. ACo.

do dodo dodo dodo do

Nov. J, 1875Aug. 1, IBOO/*ept. 1, 1877I><M'. I, I8M'April 1, 1001

1902July 1, IHOlFeb. J, I87«

June, '7.5 to '94Until 1809May, 18!«n

June 1, 1914

Aug. 1, 18038euLl5, 187«

Jan., 1890Jan. 1, 1»00Jao. 1, 1001

March 1, 187aJan., 1892

Nov. 1, 190OJan. 1, 10i:<

Juno 1, 189(tJune 1, 1890Feb. 10, 1 878Oct. 1, 1897July 1, 1880Jon. 1, isas

April, 19091893 to '95 -

Nov., 1904Dec., 1905Feb., I8»tDec., 18831880 to '9».Nov., 1904,'Jan., isai

Feb,, 1890

Sept. 1, 1901Mar. 10, 1870Sept. 1, 1S90May 1, 1878Jan. 1, 187GFeb. 1, 187.>April 1, ISK*Dec. 1, 18761876 to '81

Feb. 1, 1875July 1, 188JIOct., 1890

Jan. 1, 187GSept. 1, 1878Jan. 1, 1901July 1. igoo1900-'l-'2-'."i-'4

March 1. 189LMay 1, 188SOct. 1, 1875April 1, 190«April 1, 1908Jan. 1, 1884March, 18761880, '90, '92Oct. 1, 1888April, in0{>July, 1911April, 1876April, 1876July, 1881Sept., 1887Oct., 1888

Mar.,'8lA "94

dncinruM, Saridunky <t C'lereland.—In the yearending .June :10, l-ffs, gross earnings were $857.(>1)3;

espenses, t56:.7T5; net earninee, $295,919. being8*I,T48 better than in 1S73-71. (V. 21, p. 59 I.)

CvnHnnati c8 Springfietd.—Xx&sed in perpetuityto Clev. Col. C. & I., with guarantee of interest

;

00 first mortgage half of Interest is also guaranteedby Lake 9h. A M. S.

Clnclniiali. Wubanh <f- Michigan.—VaXA interestJanuary, 1876. to bondhylders not consenting topa$8, and allow funds to be used for completionof road. Some bonds held by Lake Shore A Michi-gan Southern, but no indorsement by that company.tV. 32, p. 158.)

Cleveland, Columbvn, Clncinnali A Tndianap.—Bytile annual report surplus over interest iii 1875WHS $,500,261. Net earnings in 1S15. $S84,0i4, against*0W,«:4 In 1874. (V. 20, p. •HI; V. 21, p. B3, S3-J;

V. 23, p. 3;7, 3U3.)

VleteUuid c6 Mahoning VaUey.—Wns le.ised to .\t-

lantic A Great Western, but that company defaultedon the rcut. See V. 17, p. 51 J; V. 20, p. 85, 139.

(Xeveland, Mount Vernon it />«;awar«.—DefaultedJuly, 1874, and made c(tnipromise by which ail thecoupons due July, iy74, and one-half of couponsfrom January 1, 1S75, to and including ,luly 1, 1877,arc to be postponed to ,lan. 1, 1885. and the remain-ing half to be p^id as tht;v mature. Gross earnings1875, $436,0'-!7: exjwnseN $.'1311,360: ::et, $96,titi7.

"(Sec report, V. 30, p. 380; V. -,2, p. 350.)

Clevflanil <e PJ((«4K7'7/(.--I.ea8ed to PennsylvaniaRailroad at 7 per cent on stock, besides expensesand mterrst, and transferred to Pennsylvania Co.Report for 18".'i. V. S2. p. 'iOO, shows surplus of$1^3,3^5 over all espeuses, interest, Ac.

Cleveland, Timcaranaa Valley <t TF^crflni?.—Thisroad was sold under a 2d mortgage, Jan. 27, 187.'i,

and re-organizcd. See V. 30, p. 6:, 110, 3-36; V. 2J,

I*, -lo*.

Colebrookdale.—IjeaKei to Philadelphia A Readjng. No dividends paid on stock.

Colorado Cmtral.—Ba\H by Union Paciflc, whichholds the bonds, $3,270,593 in all. (V. 21, p. 85; V.22, p. 61.)

lolitmbug it nocking Valley.—Gron* eamincfs,181.5. «8T7.59fl; net, t3^8,;}76, aiiainst tS,'J7,077 in 1874.

See annual report V. 20, p. 476; V. 22, p. 350.)Co'umbus, Cldeago <C Indiana Central— "V^iX* was

a consolidation (Dec. 4, 186T). On January 22. 1869, it

wa« leased by the Pittsburgh Cincinnati A St.

Ix>ui8, guaranteed by Pennsylvania Railroad. Anamended lease was made Feb.. 1, 1870, also guar-anteed by Pennsylvania Railroad. The flr-t lease

fuaranteed interest on $15,000,000 of first and5.000,000 of second mortgage bonds, the nmpuded

lease on only $15,821,000 of first and second bonds.Aug.. '74. default was made on the $5,000,000 seconds.April 1, 1875, defaulted on t^t mort. 'I'he guaranteeof interest was absolute, but the Pennsylvania Rail-

road claims that the C. C. .t 1. C. Co. did not fulfil

all its part. Bondholders claim that no such failure

after bonds had been sold with the guaranty couldprejudice tlieir rights. Suit is pending agamstPennsylvania Railroad. lutcrestou most of tne old

nrior l>otids lias been taken up. Net uarnings. 1S73.

$606,441. (V. 20, p. 29. 61. 140, 162, 241, 323. 355. .382,

426, 593; V. 21, p. 13, 317. 611, 634; V. 82, p. 332.)

Columbus cfc Xenia.—This road is leased to the Lit-

tli- Miami Co.. and both roads for 99 years to Pitts-

burg C'inn. & St. Louis Co.; the lease is iruaranteedt)y Pennsylvinia Railroad, and the terms are 8 per

cent on stock and interest on bonds.

Conwd.—Pays iO per cent a year; net receipts in

1874-5, $310,904. (V. 20, p. 499.)

Conmr'l it Porlsmouth.-heuBei to Concord RR.at $25,000 per year.

Connecti^jt <t Passumpnc .—\ni\nii\ riniort to

June, 187.5. showed net earnings for year $226,875,

against $272,790 in 1873-4. Div. passed Aug.. 1875.

The new mortgage of $1,500,030 will rctU* prevloot

issues. (V. 21, p. 277.)

Conneclimf C«n^ra/.—Leased to Connecticut Val-ley at a rental covering interest. (V. 23, p. 209.)

Cmnecticiil Hirer.—ffet earnings 1373-4. $21)0,087'

Surplus account OctobeS 1, 1871", $518,089. (V. »,p. 61.)

C-m?iectleul Valley. Ilartford to Saybrook-Thestock paid is $1,034,600; floating debt, $1,177,0W;cost of road, Ac, $3,83:1,819. (Vol. 21, p. 684.)

Connecticut irw^fm.—Net earnln« 1874-5, S184,-295; interest, Ac, $221,296. (V. 21, p. 61 1 .)

Connecting.—Longed to PliiladelphI* A Trenton,and operated by Pennsylvania; terms, 6 per cent on$1,2:8,300 stock, and interest ou the bonds.

Cvmberland <t /'enn^y/iiaafd.—Owned and oper-ated by Consolidation Coal Company, which gnaian-tecs second mortgage. Stock $1,500,000.

Cumberland VaUey.-TXxc stock is owned In largo

part by Ptnnsylvania Railroad Co. Net earnings,

year ending Sept. 30, 187-?. $360,594. Large advancesiiave been made to branch roads. This companrpaid9|)er cent in 1871,5 in 1372, nothing In 1878,

but resumed iu 1874, and declared B per cent.

October, and semi-annually since.

DanrlUe Ilazleton ct ipytwdarw.—Leased. March,1872. to Pennsylvania Railroad for 83 years. Thecoupons due October, 1874. were purchased by Ponn-sylvania Railroad. In dcfanlt, April, 1875. (V. »,p. 33S, 476, 500. 570.)

Danrl'le Vrb-">a, Ji'oominglon <t FeMn—Thte la

a part of the Indianaiwlis Bloomin([ton A Western..now in default. See 1. B. A W.

I)avenp-n-t Jk St. Paul.—So\i in foreclosure. Harek2, 187B. rV. 20. p. 61. SIS, -WS; V. 21, p. 441. 670.

612; V. '23, p. 87. -isi, 305.)

Dayton <t Michigan.—hetafA in porpettdty to Cin-cinnati, Hamilton A Dayton for annual interest onbonds. Dividends of 3X per year are gnanuilond bvC. H. A D. on common stock. (V, 31, p. 6S.>

XVUl RAILROAD STOCKS AND BONDS. [April 29, 187tf. "T Sabserlbera ivll| oonfter a creat favor by kItIiik ImmaAIate noUee of any error dUcoverod In these Tables.

DESCRIPTION.

tVr explanation of ooliinin beadincs, &<s., seu notesat tlio head of first page of tallies.

MilesIDate

ofI

ofRoad. I Bonds

Dayton <f Tre«/«rn—Igt M., guar. ImM.&C.&X..JMaware Railrwtd—StockKjctenalon mortgageBtatc loanMortgage l)onds. oonvertlWe, guar. P. W. & B..

J>ela>carc it: Ilmtiid Brook— list iiiortgagoDelaware, Lackawanna d: WeitUrn—Stock2d mortgage (Delaware, Lackawanna &. Western)Bonds (convertible June 1, 1S7.5 to '77)

laokawanna & Bloomsb., Ist raort. (exteusian)

do do 2d mortgageDenver rafiflc—lax mortgage, gold, laud grant..Denver <* Rio Orantle—1st niort., gold, sink. fd. .

.

De* Moines tt Fort Dodj/e—Ist mortgage, cciupon .

.

Detroit, F.el nicer it /«.—Ist mort., coup, or reg. .

.

2d mortgageDetroit, banging <« Lake Mieh.—lat mortgage

let mortgage, on branches2d mortgage, on main roadIonia &. Ljuising, 1st mort., coup., may be reg..

do 2d mortgage do doDetroit <£• Milieaukee—lgt mortgage bonds2d mortgage, April 28, 1856Ist funded coupons, Nov. 15,18602d funded coupons, Nov. 13, 1836Bonds of June 30, 1866 (conditional)Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold..Dollar (Oak. & Otta, RK.) bonds, Oct, 1, 1853....Ist mort. (Detroit & Pontiac RR.), April 1, 1851.3d mortgage (Detroit & Pontiac RR.), Feb. 1854.2d mortgage, (Detroit & Pontiac RR.). Jan. 1853.Bonds of Sept. 1, 1866, (Limit $300,000)Bonds & mortgage on Detroit real estate

Dttftuyue <t Siniu: Citu—StockiBt mortgage, 1st division '

1st mortgage, 2d division (for $1,400,000)Dubuque Southtrestern—lut mort., pref., sink, fd

Ist mortgage, Oct. 1, 1863Dunkirk, Allegh.Valley <t Pittsburg—lat mort., goldDuchess rf Coiumbia— 1st mortgage£ttst Tennessee, Virginia *£ Georgia—Stock1st mortgage sinking fund lionds^etTeim. & Georgia ($85,000 are endorsed) .

do do newBast Tennessc and Virginia (endorsed)2d mortgage to U. 8. Government

Mast Pennsylvania—StockIst mortgage

Eastern Shore, (Jfd.)—Ist mortgage, convertible.2d mortgage, convertible

Eastern {Mass.}—StockEssex RR. bonds, Sept. 1856Ten Year Notes due 1885, April 1865Bonds due 1888, March, 1868 to 1869

do 1889, May 1869Ten Year NotesBondsdo sterling, sinking fund

Funding NotesMtmira <t Wiltiamsporl—StAid common

Preferred stock1st mortgage bondsIncome bonds, 999 years to nm

£rie Railway—Stock, commonPreferred stock (pref. 7 p. c. y'rly , not cumulative)Ist mortgage (extended in 1867 to 1897)2d mortgage, convertible (extended tol879)..-3d mortgage4th mortgage, convertible5th mortgage, convertible '

"

Buffalo Branch BondsIjong Dock Co. mortgageSterling lionds, convertible, £1,000,000ist consolidated mortgage, gold (for $30,000,000)2d consolidated mortgage, 5-20, (for $40,000,000)New bonds (debentures) convertible till 1883

Srie it Pittsburg—Stock, let mortgage, convertible into consolid. mort2d mortgage, c<mvertih1e

36llOHj

13

lioia

ibVi115

' 6025106118879494164231645959

190

Size, orPar

Value.

1431004355559058270242112112130

"36363939114

1865

185918561875

18.56187218591858186918701874187118731871187218731869187018551856186018631866185318531851185418531866

1863186318701868

187050-'5618661856

$1,00050

787878

959

INTEREST OR DIVIDENDS.Amount

I

Outstanding Rate per When

459459

82J2

811a8113

185818601866

laVe1865'68-'69

186918721873'73-'74

1874

18601863

18471849185318571858186118631865187018741873

18621865

1,000

"50500 &c1,000lOO&c.100 &c.1,000500 &e.1,0001,000

i',6bo1,0001,0001,0001,000250 &c.500 &c.VariousVarious500 &c.lOO&c.500 &c.1,0001,0001,0001,000

Various100500

500 &c.500

1,0001,000

' ibo1,0001,0001,0001,000

"so100 .fee.

100 Ac.lOO&c.

100

Cent. Payable

1,0005050

1,000500100100

1,0001,0001,0001,000

,500 *c.100 &c.1,000£2001,0001,0001,000

50100 &c.100 Ac

$01 1,0001,388.023100,0001 70,fKX)650,000

1 ,000,0002."),000,00()

l,(i33,(X)<)

1,300,000398,900417,300

2,457,0003,024,5002,200,0002,064,000

.5(.)0,(X)0

3,219,000575,000

1,3.59,000770,00081,000

2,500,0001,000,000628,525377,115

1,702,3161.50,86651,000

1.50,000250,000100,000110,000103,266

5,000,000296,000586,00081,!500

4.50,0003,200,0002,500,0001,968,2742,999,000730,000135,000147,000190,000

1,369,200495,900400,000200,000

4,997,600194,400160,000

1,000,000500,000

3,516,0001,000,0003,000,0002,000,000500,000500,000

1,000,000570,000

78,000,0008,536,9102,483,0002,174,0004,852,0002,937,000709,500182,600

3,000,0004,4.57,714

12,076,00014.400,00010,000,0001,998,400291,70092..300

C& 73666

212777

7g.

87888887877

6& 7

787710377777g.737(i

664376636666776g.72I3

31a7513I2

77777776 g.

7 g.7 g.1%77

& J.

& J.

J. & J.

J, A J.

J. A J.

N. Y., Am. E.\ch. N. B'kDover, Co.'s Otlicc.

Phlln.,(}lrard Nat. BankOftice P., W. A B. RR.Phil., Fld'lity I.T.&.S.Co

7>o?i(/.v—Prind-pal. When Due,

Where Payable, and by| atniks-liml,Whom. Dividend.

Q.-J.M. A S.

A D.M. A 8.

A. A O.M. A NM. A N.J. & J.J. A JM. A N.A. A OJ. A D.F. A A.J. A J.M. AN.M. AN.M. A N.J. A J.M. A N.J. A J.M. A NM. A N.A. A O.F. A A.J. A JM. A S.

VariousA. A OJ. A J.

J. A JJ. A J.A. A O.J. A D.J. A J.

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

J. a"J.M. A S.

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

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

M. a's.M. A N.M. A N.J. A J.

J. A J.A. A O.

J. a"J.M. A N.M. A 8.

M. A 8.

A. A O.J. A D.J. A J.J. A D.M. A 8.

M. A 8.J. A D.Q.-J.Q.-M.

J. A J.A. A O.

Jan. 1, 1005Jan. 1, 1876Jan. 1, 1880July. 1876

July 1, 1895

New York Odicedo dodo dodo dodo do

N. \'., Bk. of f:oiiinu"ree.

N. Y., Rutten & BonnNew York.

N. Y., Mercantile Bank.'do do

Boston, Co.'s office,

do dodo dodo dodo ilo

N.Y.,M.K.Je8up,P.A Co.do dodo dodo do

New York A Detroit.New York A London.

N.Y^.,M.K.Je»up,P.A Co.do dodo dodo dodo doDetroit office.

N.Y.,M.K.Je8up,P.A Co.do dodo do

N.Y.,M.K.Josup,P.A Co.do do

N.Y., N.Y. Cent. A Hud.IN.Y., Brown Bros. A Co.N. Y., R. T. Wilson A Co.N. Y., Gallatin Nat'l B'kN.Y.,R.T.WU8iraACo.

do dodo do

April 20, 1870March 1, 1881June, 1892

March, 1885April 15, 1880May 1, 1890Nov. 1, 1900 .

Jan. 1, 1904June 1, 1891Feb. 1, 1888April 1, 1896Dec. 1, 1807Feb. 1, 1803Julyl, 1889 ,

May 1, 1880Nov. 1, 1880May 1.5, 1875May 15, 1876May, 1875 .

July 1, 1886 .

Nov. 15, 1878 ,

Nov. 15, 1878April 1, 1878Feb. 15, 1886Jan. 1, 1878Sept.,1 1886

Various.Apr. 1.5. 1876

18831894

July, 188SOct., 1883Jime, 190O

Jan. 1. 190RAprill, 1876July 1, 19001880 to 1886Julv 1, 1876May 1, 1880

Phila.,byP. AR. RR.Phlla., P. A R. office.

Phila., Girard Nat. B'k.do do

Boston, Co.'s Office.do dodo dodo dodo dodo dodo do

I>ondon, Baring Bros.New York Agencv.

Phila., Penu. R. R. Co.do do

Phila.,Penn.Life Ins.Co,Phila., Penn. R. R. Co.

N. Y., Co.'s office.

do dodo dodo dodo dodo dodo dodo dodo do

London.New York and Loudon

London.do

N. Y., Union Trust Co.do dodo do

Jan. Iri, 1876Mar. 1, 1888Jan. 1, 1880Apl. 1. 1886JiUy l,j, 1873Sept., 1876April, 1885Mar.. 188SMay. 1889

18821892

Mar. 1, 1893Nov. 1, 1884May, 1876Jan., 1876

Jan. 1, 1880Oct. 1, 2862Oct. 1, lf<73 ,

Oct. 1, 1873May 1, 1897Sept. 1, 1879Mar. 1. 1883 ;

Oct. 1, 1880June-l, 1888Julv 1, 1891Jan., 1893

Sept. 1, 1875Sept. 1, 1920Mar. 2. 1894Jan. 1. 1903Mch. 10, 1876July 1, 1882Aprill, 1890

Dayton <f We-gt^rn.. Leased to Little Miami, andwith that to Pittsb. Gin. & St. L. .\boiit |i90,00n ofold 9xt. mortg. bonils of 1881, are yet out, whichwill be retired shortly.

J)«i(»»a« —lycaeed by Philadelphia WilmingtonA Baltimore Railroad for .30 per cent of gross earn-ings. In 1874-5 gross earnings were $510,094, andset receipts therefrom, 815.3,028.

Delaware <t Sound Srook.—Thh is pirt of thenew route between New Yoik and Philadelphia. (V.ffi, p. 809, 257.)

Delaware Laekatmnna & ir«s/«-n..—The gangcof road narrowed in March, I8'6. The com-pany's operatioufl cousmt in large part of coalmimng and transportation, and no annnal reiiortJs issued except the statistics required bv the StateOf Pennsylvania. The Morris & Essex Railroad isleased and some of its bonds guaranteed. Fromthe last annual report pnblishid in Chronicle (V.81, p. 84), the following comparison is taken:

Gross Net Stock andEarnings. Earnings. Debt.

J8r4 $5,347,Til $3/i44,(t:« f3»)..W5,2.37ISra 6,248,465 8,369,818 35,775,769MJS 4,746,678 2.709.500 19,C,31,5(51871 .3,35.484 ],549,743 25,922,7681870... 4,10fi,22i 1,240,513 24,766,«0—(V. 18, pp. 58<, 607; V. 20, p. 85; V. 22, p. 2S2.)

Denver i^sd/fc—Operated in close connection withKansas Pacific. Land grant. 1,100,000 acres. In1974 frf>"s earnings were $310,911; net earnings,$na,049; total income was $244,28', and interestpiyments, $1%,6(i2. Cost of road and equipment,t«,464,a68. (V. 20, p. 569.)Denver <* Itio Grande.—ThU is the principal nar-

TOw-guage road (three feet) in the ITnited States.The whole line as projected is 815 miles. Earningsso far have been good.

D4S Moines <t Fort Dodge.—Ttts is part of theDes Moines Vallsv. reorennized aft*.r f recjneareCBspofMof Jan., 1876, funded, (T, SI, p. «8.)

Detroit Ed River & lUinots.—To be sold in fore-closure. (V. 42, p. 305.)

Detroit Lansing <ft Lake itichigan.—The reportf.ir 1815 is given briefly in the Chuonici.e. Vol.22, on p. 399, showing gro.^s earnings of $739,704,net. $210,896. Coupons on 1st mort. paid half incashand half in pref. stock; coupons of 1. A L. bondspaid in cash. (V. 19, p. 376.)

Detroit <fc W/ioaukee.—Tills road was operated bythe Great Western of Canada, b'lt defaulted in 1873.and negotiations are now pending for f-ettling thedebt. Of the bonds of .June, 1866. $l,aie.nooiireinthebauds of the Merchants' Bank of Canada, redeem-able *1CO,000 pcrycar. The Detroit & Pontiac inter-est has been paid in whole or in parr, and it is notproposed to fund coupons on those or Oaki. & O.bondfc. (V. 19, p. 118, 271..3.10; V. 20, p. 242. 311,:l.'i7. 383, 600; V. 81, 180; V. i2, p. 110, S09, SSI,;.«9.)

Dubvque & Sioux (7t<y.—Leased to Illinois Cen-tral, in 1H67, for 29 years, at 85 per cent of grogs earn-ings first ten years, and :16 afterwards. In 1874 grossearnings were $1,0«7,'592.

Dvlmgue Southwestern—Var^cv to Cedar Rapids,la.—Gross earnings, l«-4, $117,107—$5,80 below18T3.

Dunk'rk AUegh. Volley <t Pittsburg.—\ consoli-dation, Dec. I, 187«. Stock, #!l.:iOO,Ofl(l. Road leasedand bonds mostly iKld by New York Central &Hudson.

Duchess <£ CoiumMf.—To bo sold in foreclosure.(V. 20, p. 15; V. 22. p. a-21.)

JSast Tennessee Virginia <ft Oeorgia.—Gcoei> earn-ings year ending June 30, 1875, were $l,a5«,9e5; ex-penses, $342,464, ami net earnings, $717,522. Annualreport, V. 21, p. i75.East Pennsylvania.— 'Le&eeA to Philadelphia &

Reading sA 7 per cent on stock and bonds. Divi-dends are 6 per cent per annum.Boftern Short.—JOTrnvTij leased, but now oper-

ated on ow» account since December. 1869.ons for $216,000 overdue. (V. 82. p. 497.)

Coup-

Eastern (/)/«««.). —Leases Eastern in N, II. with-stock of «492..t00. Lea.sed Portland Saco A P. at 10per cent, but 6 accepted by P. S. & P. for 1876 andJ877. Company embarrassed 1875, V, 21, p. 347.Annual report, V. 21. p. 569; V. 42, p. IS". Fund-ing proposal V. 21, p. 612. (V. 20. p. 177, 242 : V. 21,p. 323, 347, 515, t69. 614; V. 22, p. 4.\ 61, 87,1357158.)

F • ."v.

Elmira A WiUlamsport.-lx-AteCi in 18'S to North-ern Central for 999 years. Rent amounts to $165,000"per year.

Erie.—yir. H. ,1. Jowett, the pre,<idCTit, was ap-pointed receiver May 26. Negotiation.s for a tMrdrail and for settlement with bondholders pending-March, 18"6. Interest on the first four mortgagesIS paid. Foreclosure suits were commenced iraderthe fifth and consolidated morlgag(-s, lint iaFebruary. 1876. overdue interest on ."ith mortgagewaspaidbyMailland, Phelps & Co. Thelargo't^osaearnlrgs ever made were $20,014,606, in 18'^J-3. Thefollowing comparison for four years is from theconipany's report to N.Y. State Engineer for theyears ending Sept. 30

:

NetEarninss.$4.l«»,6165,0;B,1616.371,965

5,777,8*1

Interest,Rentals, Ac-

$fi..3.il.781

..021,0»j

3.423,2802.:«9,445

1874. was $2,552,803

GrossReceipts.

1S74-5 $17,677,7401878-4 1»,.'>98,899

1872-3 20,";9,a071871 2 18.371,888

The floating debt Sept. _and Sept. 30, 1875. reported at $1,421,641 fV 20p. 288; V. 80, p. 61, 85. 141. 45), 477. J2!, 570 W-V. 21, n.30. 63. 137. 159. 186, 207, 230. 277. 3118 371 393'441, .591, 612; V. 22, p. 41, 42, 168, 2.33, 281, 305,'e75.)

E>-ie <i Pittsburg.—heaseH in perpetuity to thePennsylvania Railroad and transferred to Penn. Co.;the terms guarantee 7 per cent per annum on stockand debt. Net earnings, 1875, $286,787. V. 20, p.4*60

April 2P, 1876.] RAILROAD STOCKS AND BONDS. six

Sobacrlber* will confer a K'Mt fltror bjr slTinz immediate notice of anr error diaeovered in tkeee Tablea.

iJKscisrPTroN.

Fur explaiiution of column headlntrSi Ac, oee notesat tlio lioiul uf ttrxt page of tablea.

£rie rf f'itliibitrff—(Conli>iue(l)—C'onsolldiitdl iiiortKitKe free of State taxKquipineiit ImukIh

Enrol) n .f .V.Xm.— iHt M., Bivntf'rto Wlnn.,Banic'rriilyiiml trnuit iHtmoit. (iil niort. Baiijtor to Wlmi.).ItiiiiRiirit l'i«™ta(iiil.s, UaiiKor loan, 1st inort);...

\M niorl)tiixi\ NtiM'liiix. on N. BruiiHWiek roiwl

£ean«p. e£ Crawfonhc.— iHt in., Ev. «fc 111., fl. t

1st miiit., Kinliiiij,' fiiml (EvansvlUo to Tcrre H,) .

.

Roi'k villo pxti'iisioii

EmiimMi'-, Terrr. Hinite <t C'Aic.—lat uiort., gold2(1 mortsaj^c, ^old

Fitchburg—fitwkBonds, loiipims ($4,000,000 authorized)

^int rf Fere Marquette—Stook ^

Consolidated miirtxuKe, sinking fund1st lu. on yOm., '.^d on 40: I. kt. 153,000 a<\, Hd d.lat mort., land arrant .l.^t^.OOO acres, 3d divFlint & Holly RU. (sink's fund $25,000 per year).Bay City, E. Haitinaw, 1st niort., guar by lessees.Bay County, Issued in aid, guar by lesseesConstmet ion bontls :

Holly, Wayne it Monroe, 1st mort., sinking fund.Ftus/tini/, Xorth-ithore if Cent.—Istmort. (Fl. &N. 8.).

lid mortgage (Fl. <fe N. 8.)

Central of L. I., 1st mortgagedo do E.xteuslon Ist mortgage

Fonda. Johnstown <£ GlopersniUe—1st mortgageFort Wayne, Jackson rf Saginaw—1st mort., coup..3d mort. and eiiuipment bonds, coupon

Fort Waf/ne, Mnneie tt Cincinnati—1st mort.,gold.

.

2d mortgageFramingham »C Lowell— lut mortgage bondsOaleeslon, Uarrisb.d: Han /iHtoHio—Istmort, gold..Oalreston, Houston i£ Hend-. of 1871—Ist mortGeneva, Ithara <e Athens—Istinort., a. f., goldGeorgia Railroad rf Banking Co.—StockBonds, not mortgage

Oilman, Clinton rf Springfield—Istmort., gold...

.

2d mortgage, goldGrand Rapids rf- Indiana—Stocklat mort., land grant, gold (guar, by Pa. RR)lat mort., land grant, gold, not guar.'mtcodIncome mortgage bimda. for $10,000,000

Grand Trunk (6'aHfirf«)—Consolidated atockNew atock for £10,000,000Mortgage to Bank of Up. Canada on surplua landsEquipment mort., lat on all rolling stock

do 2d do doPostal bonds, &c., aecured by gov't buainesaIst pref. bonds, conv. Into lat pref. stock2d do do 2d do3d do convCanadi.an debentures (£H,000,000)

Oreat Western ( Canftrfo)—(Common stockPreferred 5 per cent, convertible into common. .

.

DebenturesMortgage bonds, coupon

do dodo do

New bonda, coupon '. ...

Green rille dt Columbia—lat mort.,guar.by State . .

.

Bonds not guaranteedNew mortgage (for $2,500,000)

thilf, We.it<;rn Texas li Pacific—lat mortgageMann ibal <t St. Joseph—Common atockPreferred atock (7 p. c. yearly, not cumulative) . .

.

Missouri State loanLtkud grant mortgageBonds 1870, convertiblelat mortgage (Quincy & Palmyra RR)lat mortgage ( Kansas City <t Cam. RR.)

Barri^b., J'ortam'th, Ml. Joy d Lane.—Stock1st mortgage

Bart/., Prot. <t Fishkill—lat mort. (R. I.)

Bousatonic—StockPreferred stock2d mortgageBonds of 18H9 ,

Bonds of 1873

Milesof

Road.

Slia

"

hV)

58498851

10923555504

233233(iO

1901713

6558

Dateof

Bonda

1010010010910926825035

232

1808

18001809inua180718521854180018701873

1874

18721806186818681887

Size, orPar

Value,

110110335.335335335

1,377

18711869187018721873187018691871180918711871187318721870

18701872

186918091875

1873

652 5»

143

iii69

275275

1553545426 >2

12012074

1875

1870

1853-718631870

18.531853

18691873

$1,000

1,600

50<) ivc£2001,0(N)1,000

500 Ac.1,0001,0<X)100

1,000100

I'.oik)

1,0005(K) Ac.500 Ac.

500

1,6005<X) Ac1,000

.500 Ac500 Ac.100 Ac.1,000

1,0<)01,000

i.odo1,000

100 Ac.100

1,660

1,0001,000

«25£100

100£201^

*100£100£100£100

Various

100100

1,000

500AC.100100

AmountOiitHtanding

12,103,000800,(K)0

1 ,000,0002.00<>,(K)0814,000

2,00<),(K>0301,0<K)010,0001 47,000775,000325,000

4,000,000500,000

3,298,2002,425,000

35,0002,1.52,000400,.500100,00075,000

280,4801,000,000800,000400.000

1,000,0002(K»,000300,000

1,500,000500,000

1 ,800,000500,000500,000

1,700,0001,493,000600,000

4,200,000545,000

2,000,0001,000,0002,800,0004,000,0004,000,000

(1)

£3,425,1247,500,000221,190500.000500,000

1,200,0003,218,1492,327,8087.166,9104,511,500

£4,459,309288,883

1,998,275127,000485,00062,000

1,000,0001,413,571632,237

INTEREST OB DIVIDENUB.

Rate per When [Where Parable, aDd byCent. Payable \vhom.

1,386,0009,167,7005.087,2243,000,000159,000

4,000,000,500,000

1,200,0001,182,550700,000481,000820,000

1.180,000100,000100.000150,000

77

OA"f

77

!«•

7"8'

78

101010887777788

!«•

7« g.

!«•

77g»8g.

"?'«•

7g.

4g.

6 g.Varioua.

5 g.

5 g.1'421a5651a51a67

J. &A. AJ. AM. AA. AJ. AJ. AM. AF. AM. AJ. AJ. AA. A

N. Y., Union TruHt Co.do do

Bolton.New York.

Boston, Boeonil N. BankI>oudon.

N.Y.,Fann,L,'an AT.Co,do dodo do

N.Y.,F»rm.L'onAT.Oo.do doBoston OfUce.

do

Bond0—yTim3pul. When IM^tlloeks—lM»tliivldeud.

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

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

F. A A. Boat. A Loudon.J. A J. N. Y.,F. P.JameaACaJ. A J. N. Y., Metrop. Nat. B'kJ. A J. Augu8ta,Ua., RR. BankJ. A J. do doM. A 8. New York and LondonJ. A J.

N.Y., Merch'nta'Ex.B'kN. Y., Mochan. Nat. B'k

do dodo do

Newark, N. J., 8av. Ins,Now York,

doN.Y.,Mech., Nat. Bank.N.Y., Chathom Nal. Bk.

do dodo dodo do

N. Y., St. Nich. Nat. B'k.N.Y., Farm's. L.AT. Co.

do doBeaton, Ofllce.

do

J. A J.A. A O.

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

A J.

AO.A O& J,

A J.A OA O.A D.

July 1,Oct. 1,Jan. 1,Mar. 1,April I,

July I,

Jan. 1,Nov. 1,Aug. I,

May 1,

IHBO188t»1800180018071887188718801000

Jan. 1, 1876April 1, 1804

May, 1002Jau. 1, 1887Sept. 1, 188HMay 1, 1888July 1, 1883Sept. L 1887Jan. 1, 187aJan. 1, lootMay 1, 1889

N. Y.,Wln«low, L.ACO,do do

J. A J.

J. A J.A. A O.M. A S.F. A A.J. A J.J. A J.J. A J.J. & J.

London, Co.'s Office.London, at Co.'s Office,

do dodo dodo dodo dodo do

London A Montreal,do do

London Joint Stock B'kdo dodo dodo dodo da

Columbia, Co. 'a Office,do do

7g.

v67

, 88103I0

67

Q.—J. Bridgeport A Boston.7 If. a a. Bridgeport and Boston.6

Ido do

N. Y., B'k. No. America,do d«do dodo dodo do

Phila., Co.'a Office,do do

Hartford, Am. Nat. B'k

Mar. 1, 1902May 1, 1003July 1, 1900July 1, 1880

Oct., 1881Oct., 1880April, 1896

18911910

July 1, 1902July 1, 1800July 15, 1875yearly to 180O

Sept., 1900Jan., 1892

18901899

April, 1877Jan., 1920Perpetual.

Irr<ideemable-Irredeemable.Irredeemable.Perpetual.Oct., 1873Oct., 187:JJuly, 1871,J\\\y, 1878Oct., 1877Oct., 1878Dec, 1890

1881 to 188C

Jan. 1, 1003

Aug., 18701884-1887

April 1, 1881Mar., ISS.'i

Jan., 1892Jan.,

Jan. 1,July 1,

Jan. 1,

1892187C18831876

April 10. 1876188518891883 --<

European A North American. — Defaulted in

1675. A very complete statement of debt, includ-ing bonda pledged for loans, in V. 21, p. 31.5. Inter-

est is paid on l8t mortg,i2;e and Bangor & P. (V. 20,

p. 615; V. 21, p. IS, «7, 315, 318, 3»5, 418; V. 3;, p.

874.)

SvanxviMe <fc Craiofordsrllle —Common stock is

»l,044.40ti; preferred, 100,000. Net earnings 1874-5,

$:41,426. The company has pnid interest regularly,

b^t no dividends. (V. 31, p. 48 8.)

EmnsVlUe, Terre Ilnute <t C/jioaoo.-In 1874 5netearnings were $114,089. (V. 21, p. 136.)

J'lfcAfturj/.-Leases Vermont & Massadins'-tta.

Set earniniia 1874-5, $.391.Cjl; dividends, 8 per centtot some years. (V. 21, p. 39, .590.)

Flint cfc Pere Marq'ielle.—(iro»» earnings 187J,

$1,06,3,95.'): operating u.tpenses, $58S,995; net earn-ings, $394,990. Total land sales to Jan. 1, 1875

$5. 11 5. St'..", or $S 00 per acre. Bills receivable onland sa'.M .Ian. 1, 1875, wore $417,864. Coupora onconaol. bmiils passed Nov., 1875. (V. 30, p. 408,593; V. -Jl, p. 4HH, 5:11.)

Flushing, NorOi»1iore &. Central.—A consolidationla 1874 of seven companies. Operates Southern of L.I. There are. in mldition to above, * 35,000 N. Y.A Flushing RU. 78; tl49.u;i0 North Shore 78; and$M,000 Whitestonc & Westchester 78. (V. 30, p.383)

Fon/la. .Tohrutown <t (?to»er»liUfa.—Net earnings187i-3, $45,957.

Bbrt Wayne, ,/ackson <f: Saginaw.—TrafHc guarnn-tee 40 per cent from Michigan Central. Interest was;iQ5i.id January, 1874. Gross earnuKjs, )er4, $383,882;net, $147,309. (V. IB, p. 385; V. 20, p. 591 ; V. 23,

p. 35J.)

Fort Wai^ne, ittmcie A r'ir?rinna/i.—Receiverappointed N'ov-mbcr, 1874. (V. 19, p. 502, 538, 583;V. 30, p. IS*!.)

Framingham it Lowell. —Leased to Boatnn, Clin-ton * Fitchliurg; has alio $l.'iO,000 3 per cent bonds.(V. 16, p. 168.)

Galveston, Harrisburg A San Anto<>U)—Va prog-ress. Net earnings lt74-5, $310,374. (V. 23, p. 375

)

Galteston, Houston A. Henderson.—^et earnings18!4, $335,875. (V. 3J, p. 315.)

Geneva, Tthaca A AUiens. —Consolidation in 1874 ofGeneva & Ithaca snd Ithaca & Athena. In Receiver'shands, April, 1875. (V. 17, p. 835; V. 20, p. 857.)

Georgia Railroad A Banking Company —The an-nual report for the last fiscal year, ending April 1,

1815, was published in V. 21, p. 157. A com-parative statement for three years was as follows:

1873-3 1873-4 1874-5.

Tot. gr. eamg's... $l(!2.3,4.-;fi $1,571,785 $1,381,907Operat'g expenses. 97li,8.30 S8'^,4!>6 846,097Net earnings 646,63« 6IM,3;)1 455,809Div. onstk'sSp.c. 3.S8,000 838,000

In May, 1875, this company, with the Central Ge'-rgia,

purchaseil at foreclosure sale the Western Railroadof Alabama. (V. 19, p. 347; V. 2_1, p. 395.)

Oilman, Clinton A Springfield.—This companydefaulted in 1814, and is to be sold June 8, 1876.

(V. 19, p. 143, 898, 5*3; V. 3), p. 404, 570, 615; V. 21,

p. 39, 63, 110; V. 2J, p. 375.)

Grand Rapids A Indiana.—An official descriptionof bonda was given when thev were put onthe call of the New York \oTk Stock Ex-change, In Januarv. 1875, aa follows: $4,000,010are "Gnaranteed Bonds. " Principil and interestguaranteed by the Pennsylvania Kiilroad Coin-

Sany, and are also a lien' upon the land grant,[o. 1 to 4.0 0. $3,020,000 are " Unanaranteed

Bonds,'' which are secured by the samemortgage as the guaranteed bonds on the entire land grant. $^180,000 are "Ex. Lund GrantBonds," beinz a part of the orignal $l,000.''00 un-guaranteed bonds, which have from time to timebeen redeemed by the operations of the sinkingfnnd. When tho land certltlcatc is detached theyare no longer a lien on the land, but, by the terras of

the trust deed, remain a llist mortgage on the whole

line and appartenancea. No. 4,001 to 8.000. Com*pons April and October. Annual report, Y. 21, pk510. (V.21, p. 110, 534.)

Grand TVunit (Cawado).—These figures represent

Jounda sterling. Gross earnings in half vear endinguly I, 1875, £898.148; expenses, £717,743; net earn-

ings. £175,405. Consolidated debenture atock au-thorized July 9, 1874. (V. 17, p. 459; V. 19, p. 169,

351, 4-43, 503; V. 20, p. 669; V. 31, p. 440.)Oreat Western (Canarfa).—These flgt;rea arc given

in pounds sterling. Company leaaea several roads in

Canada, amounting to 156V miles, and the Detroit& Milwaukee. 189 milea. For the half year endingJidy 31, 1875, thu gross receipta were £411,188;working expenses, £393,7^)3; net earnings, £li,394>( V. 20, p. 669. V. 31, p. 442, *40.)GreenvUU A ColunMa.—TYi\» company dcfaolled

several years since, but compromised with ita bond-holders. (See CuKoNicLK, V. 16, p. 220; V. 17, pw460, 753; V. 30, p. 668; V. 23, p. 110.)

(?«;/, Western Texas <£ Pacijlc—litt earnings1814-.5, $50,000. Overdue conpona, $312,550. Bond-holders wait. (V. 80, p. 428.)Hannibal A St. Joseph.—01 the Missouri State loea

$1,500,000 waa extended for 'JO years. It la statedthat the Co. has $3.50P,roo In land notes, and 90,000acres yet unsold. A change in the directors tookplace Nov., 1875. No report has been Issued slBca1873. (V. 21, p.445, 488; V. 32, p. l.'W, 328.)

Harrisbttrg, Porl-mtouth, Mount Jot/ A Lancaster.—Leased to Pennsylvania Railroad, which owns amajority of the stock.

Hartford, Providence A Fishk>n.—T\Cia road formaa part of the proiM»sed !ine of the Boston. Hartford& Erie. Tlie bonds fell due Jan.. 1876. bnt cltT ofProxidence declined payment and eult is pondiDg.(V. 24, p. 87, 3"4.1

, , „/ToiMatonic—Leases Berkshire Railroad, Stock-

bridge A Pittafleld, and West Stockbridge. Qroaaearalnga in 1874-B were f»S3,00»; net, $822,178. Thomort. bonds due 187^ paid off Nov., "TS. (V. 2J, p.232.)

,xx; RAILROAD STOCKS AND BONDS. [Ap il 29, 1876.

Sabaerlbnrs ivlll confer a great lavor by kIv^'hk tmmedtate notice of anr error discovered In tbese Tables.

DE8CKIPTION.,

[ JIllcsJ^r explnnation of coliiinu iK^adiiiKH, «&c., see uotes nt

at tbu head of tlrrtt ]>u^» or tal>lcs. Road.

Souflon <£ TfJruf Cent.— lnt M.. (iiiaiii)KoUl, I.Kr.a.f-

iBt mort., Wost div. (Hroiitoiitl tt* Waco)1 St M., (told,Wa<-o & N"«c«t ( IIi;iiiiistfa<l to Austin)<;oiiKol. iiiort., 1. jjr. (eouimii, but may he reg'd) . .

.

Jtuntingilitn it Broad Top—lut luort., gold2d mortgage. KOldUi\ inorl+raKc .consolidatodHerip for past due coupoii8

nUnoh rf)i(r«/—StockKedeiuption, iKt and 'Jd «cri08Oenoral luortwijrc, sterling, (for $15,000,000)....Bte-rting bondt4, Kinking fund

Jtuliana <f lUiimit Ctiilrnl—IM uiort., goldJndiannjmlui, lUoomington <t Wc»t.—l»t mort., gold.

!2d mortgageInd., Bloom., & W., ExtouKion, 1st mort., gold

Judiunapolig, C'ineinnnii <£ jAifui/etle—StockPnferreU stock (issued for funded debt bonds) . .

.

Indianapolis A Cincinnati of 1858ludianapoUs, Cincinnati & Lafayette

do do doFunded interest bonds, couponEquipment bonds, registeredCincinnati & Indiana, Ist mortgage2d mortgag<s guaranteed

JudiaHapolit <t HI Louis—let mort., in 3 series2d mortgageKquipment bonds

IndiAtiutimlisit Vin««nnc«— Ist mortgage, guar2il mortgage, guaranteed

inlernalionai d-. Great Northern—(^>nsol. stockIut«rnational, Ist mortgage, goldHouston <fc Great Northern, 1st mortgage, gold...Int. & U. & U. N. convertible bondsdo do 2d mort., (e.xch'ble for convert.)

lovoa falls <f Sioux Cilg—lr^t mort., April 1, '69.

.

Iron Xouulaiu. Vhesterd- K.—1st mortgage, gold.JttCksomr., rens.d: Mob.—Florida State bonds, gold. .

.

-teffersoi). (Pa.)—l»t & 2d morts. (Haw ley Branch)Ist mortgage (Susfiuehanna to Carhondale)

JeWfrtanrilU, Madison d: Indianapolis—Htock ...

lodianapolis 6c Madison. 1st mortgageJeffersonville, Madison & Ind., 1st mortgage. .

.

do do 2d mortgage...Jrrttiy City <e A Ibanu—lut mortgage, gold. . . ;

Bldgelle'ld Park, (N. J.,) 1st mortgageJoliei <£ Northern. Indiana—1st moi'tgage-Jutwtion, Philadelphia—1st mortgage

2d mortgageMansas City, St, Joseph rf Council Bltt^s—dtock,

1st mortgage. Council Bluffs * St Joseph. . .

~

• St. Joseph A, Council Bluffs, Ist mortgage . .

.

do do convertibleSnsnouri Valley, 1st mort. ($1,000,000 gold)Kansas City, St. Jo. & C. Bl., consol. mort.

.

New consolidated mortgage (for $8,000,000)Three year notes

Kansas i'nriy^r—Stockl8t M., 394th to 639th mile. I'd gr., 3,000,000 ac'siBt mort., gold, coup., on 140 miles west Mo. Riv.let mort., gold, 140th to 393d milead mort (to U. S. Gov.) on 394m. west Mo. Kiver.Jet mort., coup., (Ijcavenwortli Branch)I.«nd gr. mort. (Durant), coup., on 1 ,000,000 acresIneome bonds, coupon, 3d mortgage on 427 miles.iBt land b'ds, cp, or reg., gold, on 2,000,000 acres2d land mort., do do doArkansas Valley, 1st mortgage, gold, guaranteedJune. C. & Fort K., Ist raort., gold, land gr., guar

Kent County, (Md-i—lst mortgage liondsSt.ntMcky Central—'i(\ mctgage.3d mortgage

JKeoktik rf Des Moines—1st mortgageFunded interest bonds

£aor ^ Lineoln—i&X mortgageJjake Erie d Louisrille—lm mort. ($1,100.000)Jjoke Shore <£ Miehigan Southern—Stock

^:)iiarant«iKl 10 per cent stockConsol. 1st mort., (sink, fund, 1 per cent) coupon,

i do do do rceieterert

34311847

461585858

707

251202202217

901.54174

20207171

1171174392042.55

45918441

250938

226861591.593812444l8

265527878130262

67324514025339434

427

.56 J«

331s349999163

Dateof

Bonds

.50

1181

1.86618701873187218.5418.571865

18511864187518741871186918701872

187518381867186)»1873187318621867186918701871

18711872187218741869

187018671869

18621866187018731872

1866186718691868187018731871-i

1869186318661865-71866186618661870187118731873186918.53185518741874

1873

I I

INTEREST OR DIVIDENDS,^L"' Amount „„,,. ,„..P!"^

1 0ut8taudingP^'}''f„rValue. Cent.

864 1870864 1870

$1,0001 ,0001,000l,tK)0500500

1,000

ioo.500 &o.i;200£2001,0001,0001,0001,000

50100

500 Ac.1.0001,000150 Ac.500 &o.1,0001,000

500 &e,1,000

i',6<k)

1,0001,0001,000

300 <&o.

1,0001,000100

,500 &c1,00*)1,000

1,0001,0001,000100

1,0001,000

500 Ac.1,0001,000

.50

1,0001,(X)01,000

1,0001,000100 &c.230 <fee.

1,0001,0001.000500 &c.1,0001,0(K)100 Ac,100 Ac,

l",()00

100100

1,0001.0(M>

$6,227,(M)03,305,000940,000

2,864,000416,(X)0367,500

1 ,383,000100,707

29.000,0002,.50O,00O2.500,0005,647,0001 ,955,0005,000,0001,-500,0005,.500,0O05,668,9671 ,200,0001,600,0002,800,0001,701,000469,100375,000500,000

1,497,0002,000,0001,000,000,500,000

1,700.0001 ,450,0005,500,0003,264,0004,084,0003,116,0001 ,843,0002,960,000660,000

4,000,000300,000

2,000,0001,994,,500397,000

2,439,0002,000,000250,000300,000800,000500,000300,000

2,789,413500,000

1,400,000539,.500

2,.500,00O887,000948,000305,000

20,000,0006,4(H,0002.240,0004,063,0006,303,000600,000170,000

4,275,3501 ,706.2501,,500,0001,125,000600,000400,000844,000237,000

2,300,0002.58,720

2,395,0001,092,000

49,466,500533,500

1,709,0004.418.000

7 g.7 g.

7 g.87 g.

1 g.

eA7466 g.i> g.7g.

I'-7g.

7777107777876

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

F. AA.A. A O.\. A O.VariousJ. A J.A. A O.J. A J.J. A J.

7 g.8877g.8771^

7%'866

"i'108

7A7g.

a10

7g.6g.« g.677

WhenPay'ble

Where Payable and byWhom.

Jf«nY/s—Princi-pal, When Due.Storks—LastDividend.

N. Y., Nafl. City Bank.do dodo dodo do

Philadelphia, Office.<lo do<lo dodo do

N. Y., Co.'s Ottiee.N.Y..Co.'» Office.

Liuidon.Ijondon,Morton R.A Co.

N. Y. or lyondon.N. Y., Turner Brothers.

do ilo

do do

A. A OF. A A.J. A D,M. A 8.M. A 8.

J. A DJ. A J.VariousA. A O..1. A JF. A A.M. A N.

A. A O.J. A J.F. A A.F. A A.A. A O.M. AN.J. A J.J. A J.J. A J.Q.-F.M. A N.A. A O.J. A JJ. A J.M. A N.J. A J.

J. A J.

A. A O.

J. a"JM. A HJ. A D.F. A A.M. A 8F. A A.

N. y., Amer. Ex. Bank.dodododododo

dodododododo

N. Y., Winslow, I,. A Co.

N. Y'.

dodo

'., Farm. L. A T. Co.do do

dodo

N. Y.,NaUonal aty B'kdo dodo dodo do

N. Y., Nat. Park Bank

New York.Honesdale Nat. Biink.N. Y., by Erie Railroad,N. Y., Farm. L. A T. Co,

do dodo dodo do

.A N.F. A AJ. A D.PayableM. A NM. A S.

M. A S.

J. A JM. A 8.

July 1, 1891July 1, 1891July 1, 1903Oct. 1, 1912Oct. 1, 1890Feb. 1, 1895April 1, 1895

Feb. 1, 187(5April 1, 1890

18951901-5

July 1, 1903Oct., 190'.>

Oct., 18901912 .

April, 1888Feb., 1897June, 1899

Sept.'78,'80/83:Sent. 1, 1883Dec, 1892

'

Jan. '77, '82, '87July 1, 1919Oct, 1, 1900July 1, 1881

19081900

New York.N. Y., Farm. L. A T. Co,Philadelphia Ottiee.

do do

New York and Boston.do dodo do

N. Y., Farm. U A T. Co.do do

Boston.

N. Y., Ix)nd. A Frankrt.N. Y., Bk of Commerce

do do•a iDv transportation.N. v., Bk of Commerce

do dodo do

N. Y„ Lond. A Franlcft.

New YorkA. A O.lNew York A Frankfort.A. A O.J. A J.M. A S.

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

A. A b.F. A A.F. A A.J. A J.Q--J.

New York,Pliila., Corn Kxch. BankN. Y., Bank of America.

do doNew Y'ork Office.do do

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

do do

i See following page, i

April 1, 1911Jan. 1, 190OAug. 1, 1802Feb., 1904

April 1, 1899May, 1901

19001887 A 1889Jan. 1, 1889Feb. 1, 1876May 1, 1881Oct. 1, 190CJuly 1, 1910

1913May 1, 1912JiUy 1, 1874July 1, 1882April 1, 1900

Jan. 1, 1880Sept. 1, 1892June 1, 1874Ang. 1, 1893Sept. 1, 1890fA>. 1, 1898Oot.toJ'ne,74-5

May 1, 1899Aug. 1, 1895June 1, 189C1895 to '97

Jan. 1, 1896Mar. 1, 1876July 1, 1916July 1, 1880

Sept., 1886.\prill, 190:;April 1, 1903Jan. 1, 1889March, 1883June, 1885

19041884

April, 1892Feb. 1, 1876Feb. 1, 1876July 1, 1900July 1, 190O

Bouston <t Texas Central.—GTom earnings in 1875"were $2,990,053; net earnings, tl,143,9«. Interest«h«rge, $975,000. Capital, |6,500,000. (V. SO, p. 77,140; V. 42, p. 888.)

Huntingdon <fe .Broad TVy).- Capital stock is $1,-*98,ai0. Gross earnings in 1875 were t32J,829; net,%VI6,480. Interest passed on 3d mortgage bonds.<V. »!, p. ao6.)

Illinois Central.—The company guarantee $6,000.-OOO bonds of N. O. ; also hold $1,842,000 of tlipir7s, gold, against I. C. .5s above mentioned. The gen-eral mortgage will retire all otlicr bonds issued orto be issued. The direct line to New Orleans formedfa 1873-4 has not yet been as profltablc as

Tn 1874 divideiids v^ere rednccd to 8The followinj; is a comijarison for four

xpected.per cent,years:

Tear.Gross Net Interest,

Earnings. Earnin^'s. Ac.3875 $7,S02,55« $'J 6riM«l $8«I,(19S18M 7,900,721 2,r7.5,3i;2 413,6101873 8,288..325 a,5:)0,8!)ll SSVSTUra 8,080.751 .2,10-3,107 557,42J

—<V. 20, p. 61, 140, 288; V. 81, p. 489; V. 22, p.16,256.)Indiana <f Illinois Cen/.rai.—'FliU roail was sold

April 2G. I87d, and re-organize;l as Sprinarfield De-eatur & IndiauaiwUs. (V. 2J, p. l(iJ, 42.1, 531 ; V. 21,

p. 40.)

IndianapolU, Blooming/on ,( Western—Default wasfirst made July. 1874, and affairs are yet unsettled.Receiver's certiHcates issued to .\ug. I, '".">, $205,(I0J.The Danville, Urbana, Blooinington & Pekin is i)artofUiisruad. Plan of re-organization. V. 22, p. 110,

<Vol. ao, p. 81. W5: V. 21, p. 245, 277, 348, 39j; V.3». p. 16, 61, 110, 257, 375.)

laiUanapolis, Cincinnati (ft I/ifai/ette.-Thc cnra-pany was rc-organl/.ed in June. 1873, and lias sinceaeen doing a good business. The last annual report•M In V. 21, p. 461. Gross earnings, 1874-75,<l,7)>7,m; net, *670.980. (V. 20, p. 162, 357; V. »l,

. J. W;, 277, 465; V. 22, p. 257.)

IndianapoUt <t St. Louis.—The stock, $600,000, is

owned by Pennsylvania Co. and C C. C. A I. Thiscompany forms part of the Pennsylvania system, andleases the St. Louis, Alton A Torre llautc. (V. 21,p. 395.)

Indianapolis d- Vlncenne^.—Is controlled by Penn.Co . through stock ownership, and interest is gnar-auteed by Penn. Railroad. Net earnings In 1S75were $32,708. (V. 20, p. 420.)

International <C Great Northern ( Texas),—Th\» 's aconsolidation of the International and the HoustonGreat Northern. Interest passed and fundin r pro-gressing. The company had an issue of Texasbonds granted it, but the grant was repealed andIan 1 given instead. (V. 20. p. 136, 2ai, 313, 3S3; an-nual report. V. ii, p. 398 )

loioa FjUs it-, Sioux City.—lieaxcH to Illinois Cen-tral at 35 per cent, on earninirs. Dividend 2^' percent, Jan. 1, 1876, on $4,035,000 stock.

Iron Mountain, Chester dk Eastern.—Th\i< was for-merly the Chester .& Tamaroa. Bonds are in de-fault since 1S73, and a receiver has been apiiointed.(Vol. 19, p. 520.)

Ja^ttonnUte, Pensvota (6 Mobile.—ThU road is

mortgaged for a like amount of Florida State bonds.Indefauit and litigation. (V. 19. 0.629; V.21,p. 5i»;V. 22, p. 158.1

./e;?'«)Son,.—Leased to the Erie Railway Company,which pays interest on the bonds. (V. 14, p. 628.)

,Tefferso'ivllte. Madlfton. <( Indlnnapolis.—Ijcased in1871 to Pittsburgh, Cincinnall & St. Louis Railroadfor interest and sinking fund of bonds and 7 percent, a year on stock. Lease transferred December,1872, to Pennsylvania Company. In 1875, net earn-ings were $468,281. (V. 20, p. 426.)Jersey City & Albany.—Road was in nroyress but

was stopiied in panic of 1873. Bondholders heldoff. (V. 19, p. 865; V. 21. p. 613.)

Joliet <t Northern //ufiana.—Mich. Central offeredto extend with a 6 per cent, bond, but court decided

that total rent must be applied to principal andinterest of bonds; still in litigation. (V. zO, p. 8o»140.429: V. 21. p. 110)

,Iunetion ( Ph il.^—Owned by connecting companies.Cost of road $898,321: paid-up stock, $iaj,000.Kansas City, St. .Toseph S Comvil Bluf.'-ln addi-

tion to these, there are also funding b<nid3 of about$640,000 in different issues, .\nnual report for 1874in V. 20 p. 475, gives the funding arrangements infull. Gross earnings in 1874, f l.l.i6.073; net, $4<M,908.Stock, $2,776,000. Interest defaulted Sept., 187:}.

(V. 20, p. 475; V. 22, p. 353.)

Kaisas Pacific.— In 1874 net earnings wero$1.6S5,104, against $l,llii,:il8 in 1S73. Th^ landgrant is m two trusts, 2,"00,000 acres in the lirst,

from the 1st to tlie .'{80th mile, and 3.000,000 acres inthe second, from 3S9th mil-^ westward. Interest onincome bonds is payable in lands or cash, only ontof net earnings. I'lie company now pays half thecurrent interest on its bonds, (except the incomes)as about four-fifths of bondhoUierg have funded.An ii^portant settlement with ITnion Pacific made inMay, 1S75. See annual report. V. 21, p. 252. (V.19, p. 271, 365; V. 80, p. 8, 85, 476, 601, 544; V. 21p. 466. 613.)

Kent Co.—This road was completed in 1872, tint

defaulted in 187:i. No recent information received.Kentucky Central.—Tliis was formerly Covington

& Lexington. (V. 20, p. .500; V.21, p. .39.)

Keokuk it Ossjfoin**.—Formerly East. Div. of De»M. Valley. Int. on first mort. is funded to April,1876, except on $463.iX)0 bonds reserved by Co. t»be sold. The stock is $1,524,000 prcf. and $i,400,000common. In year 1874-5 gross earnings were$757.381 ; net, $iW2,868. (V. 19, p. 83,58;); V. 30, p.620.)Knox & ijn«).'n.—.Annual report, V. 25, p. 304.Lak^ Erie d; IjOuisciUe.—Th\^ road was a reorgani-

zation, and has been financiallv cmbarrai'sed. TTicreis a second mortgage of $590.0(X). So<^ V. 19, p. 386.Lake Sliore <fc Miehiqan Southtrn.—The ann-naX re-

port for 1874 was published in the Curoniclb, V. SO,p. 451, and report to June 30, 1873, in V.21. p.252. Other reports, V. 22, p. 41, 61. Tti

'

April 29, 1876.] BAILROAD STOCKS AND BONDS

^nbaorlbers ivl|l ooafisr • sr«at fitTor bjr ciTiac Inukiedlate BMIce or any error dIaooTorad In ttaaoo TaUaa.DESCRIPTION.

Fur axplauutiou ot column UoivdiiiKH. &c., (tea nut«»at the heud of ttrnt puKO or tabluH.

Lake Shorc.tC- Mirhiyttn Soutfient—fC'ontiri'Hctt.J—•_'(i nionKaftc, do. (for $'_'r>,000,00()) coup, imil Tf/f.

liicoirio btmdH (H. f. .$t>OU,(HK> per yr.) ooup. or reg..MorUMKd Ijoud.sof Oct.. IsUi), Hiiikiiie fund]»t inort},Mf,'i!, Hiiikiiij{ I'uud, .M. 8. iSc N, I'2d iiiortKuj^u, Mluhij^iiii Suutheral»liiiortKaKc(I)., M. SlT. KK.)•M iiioitj,'a!,'o (C, 1'. & A. EU.) rcgietorod bonds;td moi'tj-'ugo doJjiko sluiiiMltvldoml bonds, April, 1860l.st icicirt-iijre (0. & Tol. UK.) Hinklng fund'2tl nioitj,M>;e doBiitl'alo iSi Erie, mortgage bonds

do dodo do

Kalamazoo & Wliito PigeonHcluioleraft A; Tbrco RiverKalamazoo it .SfhoolcrattKalamazoo, A Uogau & Gr. Rapids

do do stock, ti per ct. guar.Jamestown & Fraukliu, Ist mortgage

do do 2d mortgageLahr Superior <t Hiss—1st uiovU, gold, l.gr.,8.fluiomc mortgage bonds

lAtirreiue—Stock1st mortgage

Leaecn., Law. d OaJo.—1st mort., l.gr. ,s.f., oonvKaiiHasC. & Santa Fe, 1st mort., guarHoutboru Kansas, Ist mort., guar

LeAi^ft if: LacfcitwanHa—l8t mortgageLehigh V'a//<;v—Stock, common and pref

1st mortg.ige, coupon and registered'2d mortgage, regiKtered(icn. mort., gold. $& £ (s. fd. 1 p.e. y'ly) coup. &i-og.Delano Luud Company bonds, endorsed

JiitUe Miami—Stock, common1st mortgageStreet connecttii>n bonds

Little Rock rf: fort Urn i//i—New stock1st M., Id gr't (7.50,000 acs)s.fund (for $3,000,000)

IdWe Hock, I'ine Bluff <t N. O.—Ist mortmigeLUUe Schuj/tk ill—Sitoci.Ist mortgage, sinking fund

hogansp'l, Orawfordte. <t S. W. of /i«i.—Ist mort., g.Long isiaurf—Stock1st mortgage, mainline

: ExtensionOleuCove branchNewtown & FlushingNew York & Rockaway 1

Smithtown & Port .leaersouLouisoille, Oineinnaliii LexlngUnt^t.oe\iPreferr»«J 9 per cent stockBonds to State Kentucky (perpetual loan)Ix>ul8VllIe loanLouiSTlUe, Cincinnati ifc Lexington, Ist mort

do do do 2d doLouitc, tr. A.U>. it St. L. Air-Line—lat mortLouitoiUe it .ViwAriUe— StockIst mortgage on main stemLouisville loanLebanon bniuch, Louisville loanLebanon branch, 1st niortgaue ......'.;;

do extension, I.«ui8vilie loanConsolidated Ist mortgage for $8,000,000ad mortgage, bondn, goldMemphis *fc Ohio, 1st mort., sterling, guarMemphis & Clarksville br., Ist mort., sterling

Louisville, Paducah d S.W.— 1st mortLukens Valley—Stocktfaeon it A ugusla—1st mortgage2d mort., endorsed by Oeorgia Railroad

Macon it Brunswick—Ist mort., State endors2d mortgageEquipment bonds

Uaaisun it I'ortgage—lst mort., goldMatne Central—StockMaine Central interest scripIst mortgage, consolidated

Milesof

Road.

8U4

sii'-i

4.')1

4.510205iK>

2.5810216288888837121358

"lii

51150

2217

345331015

202171200

14181

i2312370313192

1.5894

41019

175

17317531

0O5185

392

13083

1.85207777

197»3197'a

"3933733

337

Dateof

Bonds.

18731872186918.5518.57185618.5918071860185518061862186618681860186718671868

1863186918691872

186918701872

1868187018731872

i85'31864

18761870

1870

1868

185118671«701872

1858

185618«318631868

187118721870

iiiii?

186967-'701869

1870

1872

Slz<^, orPar

Value.

AmountOutstanding

$1 .0001,0001,(K)01,0001,(K»01,0001,0001,000

5t)0 &c.1,0001,0001,0001,000

500 &0.

1,0001,000

50O*c.500 &c,

501,0001,0001,000

501,0001,0001,0001,000

501,0001,000

i',6bo1,000

50500 &c100 &e

50500

500.50050030

100

i',6oo1,0001,0001,000100

1,000

1,0001,0001,0001,000

£200i;2001,000100

1,0001.000

500 <&c.

500 &(>.

5001,000100

loii &c.

$-*,97l,00O3.520,(HXII.lltF4,(HM)

5.2.5(i.O(JO

2,(li)2,(KX)

921,0001,000,0001 .00<),(KK>1,142,0001,593,0<X>819,000200,000300,(K)0

2,S.50.00(J•ioo,(xx)100,000KKl.OOO840,000610,000460,000.500,000

4,.5OO,O0O1,500,000450,00034-1,000

5,000,000720,000160,000300,000

27,05)2,2975,000,000(i,000,000

11,129,0001,797,0004,608,0001,.500,000325,000

5,(K)0,0001,900,000750,000

2,646,100723.500

1,.500,0003,300,0001,175,000175,000150,000150,0002.50,(KX)600,000

2,623,483851,00074,519100,000

3,000,000881,000

1.129,0008,988,301113,000849,000225,00088,000

333,0007,109,0«X)2,000,0003.500,0002,369,7103,0<X),000600,000400,000370,000

2,.500,0001,100,000

1.50,00()

<i()0,0003,620,12049(i,892

1,680,500

INTEREST OR DIVIDENDH.Rate perCool.

7777777777777778883777g.102ifl

7101087

6

h-266

73>978g.

"7

7677734>a66787k.4766767^'-

6 g.821s777777g.

J. dc DA. i O.A. & O.M. 4t NM. & N.F. 6i A.J. A J.& O.A O.& J.&. O.A J<]c

ds

&.

&.

&<b

A. it. OJ. & J.J. & D.J. & J.A. <b O.q.-J.F. & A.J. & J.M. & N.

WhenPayable

Where Payable, and byWhom.

C/ li£i

CO C s

= ^^15

N Y., Union Trust Co.do do

N. Y., Boston 4 Phllo.do do

Pittslinrg onico.N. Y., Winslow, L. iCo.N. Y., Farm. 1,. & T. Co.

Boston Ofllci;.

do

q.—J. Philadelphia Offlce,

J. & n. Reg.atofflce.ep.B'kN.AM. & 8.1 Philadelphia Ottlee.J. & D. do dnJ. & J. Phlliulclphia Oftlcc.Q.—M. Cincinnati.M. &. N. N Y., Bank of America.Various Cincinnati.

I. & J.

A. &. O.J. & J.A. & O.q.—F.

M. & NM.&N.M. iN.M. AN.A. & O.M. & S.

& J.A J.

J. A J.A. A O.

P. &"a.J. A J.A. A O.M. & N.M. & N.A. A O.A. A O.M. A N.J. & D.F. A A.M. & 8.

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

A. A O.

Bost(W.N. Y., Union Tmst <;o.

Philadelphia Office.do

N. Y., Jones A Schuyler.Company's OHIce.

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

Ix>uiHvllle.

N. Y., Bank of America.do do

N. Y., J. B. Alexander.

Ix)nls%-tH«.N. Y., Drexel, M. A Co.

do dodo doIjOulsviUe.

doN. Y., Drexel, M. A Co.

Ijondon, Baring Bros.do doNew York.

Philadelphia.N.Y.,M.K. Jesup.P.ACo,

do doN.Y., .M.K.Jesiip.P.ACo

do do

New York.

INirtland.Bost., Nat. B'k Com'rce.

Iliiiuls— I'nnci-pal. Will iilliie.

Hlorku—ttrnx,Dividend.

Uic. 1. 100:iOct. 1. 18M2Oct. 1, 187".>

Mar. 1885Nov. 1, 1877Aug. 1, 187UJan. 1. IHHOOct. 1, ISICJApril 1. IH9)>July I, 188.'.

April 1, 18M«;July I, IHH'JKept. 1, 188<;April 1, 18UKJan. 1, 181K>July, 1887July, 1887July, 188K

Oct. 1 , 1875Jan. 1, 1897June 1, 189.1Jan., 189!)Oct., 19<r_'

April. 187<;Aug., 189.5July, 189WMay. 1890

1802Feb., 1897

April 1ft, 187«June, 1898H«pt., 19101898 & 1»2:(Jan., 1892

Mar. 10, t87t;May, 1883

1804

Julr 1, 1805April, 1900Jan., 1870Oct., 1877Aug., 1000

1873July, 1898

180O180»

June, 1869July, 1873

Jaii„"i8SlJao., 1807April, 1000

Ang. lV"l873Jan. 1, 1875-'e1806 to 1887

1886Nov., 1880-'85Oct, 15, 1893April, 1808

Nov. 1, 1883Dec., 1001Aug,, 1002

Meb. 1, 180OMay, 1876

18871879

1887 to 190018801870

Oct., 1890

April 1, 1912

foliowiug shows a summary of the ligimjs for eachof the calendar years named :

187.5. 1871. 187:1.

Miles 1,175 1,175 1,175Gross earnings.. $14,431,198 $17,14«,13« $19,4»,5jOOperat'g exp'cB. ]0,5i;,.5i)0 I1,152,:171 13,74«,5MNet earnings.... 3,904,697 5,99:1,759 5,667,910Stock .5ii.oa),o(>) .'50,000,000 50,000,000Total debt 37,771,0(10 :i8.0.S5,()00 38,.'!73,42l

—The company's ptat<fment of earninj^s for last halfof 1875, on which the dividend wa.sdeclHfed .January,1876, showed surplu.s over interest of $1,07.5.000. The2d general mortgage for $45,000,000 was created topay floating debt anil bonds of Vt»i with $1-2,000,000and balance to be licld for improvements. (V. 19,

p. 315; V. '20, p. 16, 85, 140, 451; V. '.il, p. 9, 25-2,

418.)

Lake Superior «fc .Ifi^^w^i/yw'.—Formerly leased toNorthern I'acilie. Land grant, 1.6B,000 acres. Fore-closure plan V. 22. p. 111. (V. 20, p. 80, 140, 383; V.21, p. .172, 570; V. 22, p. 233.)

ii(i)r«;j«.—Lea.sed to Pittsburg, Fort Wayne &Chica<^> at 40 \kx cent on gross camiogs. Leasetransferred to Pennsylvania Company. Net earn-ings, 1875, »M,177. Sinking fund has $10,000 bonds.<V. 20. p. 42.i.)

teMcenwort.h., iMwrencf. ifc Gaira<to«.—Defaultedon Interest Jnly, 1S73. (V. 19, p. 39; V. 2U, p. 1.0,168, 261), 5-21; V. 21, p. 1.37, 591.)

Lehigh <fc Laekcwann/i.—Operated by Central ofNew Jersey as a coal road.

Lehigh Valley.—This company's earnings arechiefly from anthracite coal. The gross receipts inyear ending Nov. 80, 1875, were $6,01(1,495; net,$'2,783,633: ill 1874—?ro88. t6,7.59,:i91; net, »3,287,97'.'.

After intcrcM and ilividiuds, tliere was a dcHcit in1874-5 of $9:i,f'rj3. The company's report gives nodetails of ttie construction account, nor of thecost or value of its miscellaneous investments. TheAmboy branch was compleicd Jnne, 1875, and

f,499,867 had been >pcnt on it to December, 1875.comparative statement for three years Is as

ivHows

:

t

187-J-3. 1673^. 1874-3.

Coal (tons) moved. 4,150,660 8.277,527

Gross oaruinga $6,710,585 $6,7.59,391 $ti,ni6,495

Operating expenses.. 3,884,860 3,471,418 3,282,861

Not cammgs $2,823,705 $3,287,973 $2,783,633Capital stock i8,2-22,44« -24,505,447 27,( 'J'2,'297

Pii ndcd debt 10.875,000 16,839,000 '22,129,000

Fioatiu'' debt 1,8.37,613* Autnracite.

(V. 18, p. 237, 504, 527; V. 20, p. 31 1, 593; V. 22, p.

158.)Lillle .Miami.—This company lenses tlie Columbus

& Xenia, and both are leaM!d to pittsbiirs', Cincin-

nati & St. Louis, Luaranteed by Penn. KK.. lessees

assumiii'j; interest payment on bo-iiis and 8 per centon stock. Net earnin;js, 1873, (L. M. & C. & X )

$331,099. (V. 20, p. 4!J7.I

LltUf Jtackif- Fort A'mWA.- Foreclosed Dec. 10, 1874.

Ue-organized and srork issued for old bonds. Thenew mortgage is for constriu'tloil to Fort Smith.

(V. 19, p. 58:1, 617, 6:19; V. 20, p. 62; V. 21, p. 418.)

Little Rock, Hue Bluf £• ffew Orleaite.—?>o\d in

foreclosure Dee. 16, lilb, for $35,000. V. 31, p.

5.i">, 61:1.

ii«te<Sc/i«j/ttia.—Leased and operated by Phila-delpiiia & Reading. Dividends, 7 per c.nt.

Logan»porl. CrawfonlsnUle <f S. W. of Inil.—De-faulted in 1874. The total liabilities. September,1875. reported at $4,097,000, of which $32.',000 werereceiver's certificates. Litigation in progress. (V.

20, p. 86, 312, 521, 693; V. 21, p. 30-2,613; V. 22,

p. 6.%.)

Long /if/anrf.—Change of management was madeApril, 1875. and ill .January, 1876. a sale of stock wasmade to Mr. Poppenhusei, of the Flushing, NorthShore & Cantral road, giving him control. (V. 82, p.

135, 158, 375.)

LouiniUe, Cincinnati <ft i«rin(?ton.—There are also

$60,000 old bonds. Gross earnings in 187-2-3 were

il,»19,087; expenses, $978,574; net earnings, $335 45*.

The company, after paying dividends on preferred

stoeli for some years, defaulted on interest 18T»-J.Receiver took possession in September, 1874. Seehis report to December. 1675, in V. 22. p. 181. (V. W,p.351 ; V. 20. p. 212, 333; V. 31, p. 277, 395; V. 22, p. 181

,

352.)

LouisvWe, Sew Albany eft Si. Louis AirtitK.—This road is projeotinl from Louisville to St. Loais,and lias 28 miks built. To Iw sold in foreclosore.(V. 20, p. 16, 357, 453; V. 21, p. 86; V. '22, p. »s8.)

LouistiUe (ft Xai>hriUe.-\nm\td report for yearending June 30 1875, in V. 21, p. 300. Gross earn-ings of main stem and- brandies, $4,308,958, net,$l,51ft.398. (General result of operating whole systemand leased lines was a dellcit of $3t,793. after uayini:interest and all cliarges. Net earnings, July toDecember, 1875. much better, being jl.013,".'il.

Nashville & Decatur Is leased, and liabilities for theSouth & North Alabama are assumed. (V. 30, p.

10; V. 21, p. 1A7 )

iMiiitvUle, PadHcah <t S, H'.—Formerly Eliz.i-

lictlitown & Pnducah, to which Louisville city

loaned $2,000,(00. In September. 1874, intere.-t

was not paid. Foreclosure in progress. (V. 80. p857. 405; V. 21, p. :«!, 39.5. 489.)

Luient T'o/fey.—Leased to Summit Branch Rail-

road at $62,500 per annum.

Uacnn <* .li/wcfn.—Leased and operated by the

Georgia Itailroad. which guarantees all the bondsexcept $100,000 of first mortgage. (V. 2'. p. 167.)

Macon A Brun«rJ<*.—This road being in default,

was sold June 2, 1875, and bought for the Stale:

offered again for sale or least: January, 18:6. Tb«-

Georgia Legislature declared frauduiint $600,000 of

the endorsed bonds issned in 1870. (V. •». p. 4116.

501. 546, 570, 598, 615; V. '22, p. 3 of advertisement' >

Madlsnn * Fortgage.-ConmWAiAed as ChicagoA Superior. No bonds could be negotiated after

the " Potter Uw." (V. Jl,p. 15.1

Maine CentnU.—The Maine Ontral leases several

roads The report of the year's operations,

ending December 31; VSH, bad the following:

zzu BAILROAD STOCKS AND BONDS. [Apiil 29, 1876.3

Sabserlbera irlll confer a K^eat ATor hj kI^Idk immediate notlee of aur error dlscorered In tbese Tables.

DE8CBIPTION.

For explanation of eokunn headings, Ac, see notesat tliK head o( first page ot tables.

Uainr. Cenlral—(Conlinueil)—Bonds ($1,100,000 loan) A. &. K. KRKxtcusion txmds, 1870, goldMaine tViitral loan for $1,100,0003je4MU A: Farmlii^tou Knilroad loanAudroseoggin Kailroud, Bath CitJ' loanPortland <k Kcnnvboo, Htock

do do 1st mort., extendeddo do uonsolldated mortgage

•Somerset & Kennebec, 'Jd mortgu»reBelfast <k Mooselieiid, Ist mortgage

Matxcheslev <t Lawrence—StockUaiutleUI, CoMwaler <t L. J/.— 1st mortgageMaiu/ield it: Frammghani—lBt mortgageMaritUa, I'illsb. 0! (Jleeelan<l—\»i M., JjiU.OOO p. m.ilarietla <t (Jincinnati—Stock, commonStock, 1st preferreddo 2d do

let mortgage, dollar1st mortgage, sterlingad mortgage.3d mt>rtgage4th mortgage for $4,000,000,Scioto & Hocking Vallej' RR., Ist mortgageBait. Short Line, stock, 8 p. c. guar l)y Si. Cdo do 1st mort.,gmir. by >I. ikC...

Cincinnati & Baltimore RR., stockUarque.Ue, H. <t O—1st raort., I'd gr. M. & O.,

iRt mort., I'd gr., H. <fe O., coup'Jd mort., land grant, M., H. (b O., coupSdmort., do do do

Maryland <t- Delaware—lat mortgage•2d mortgage

MemphU i£ Ofutrleston—stockTennesse loanIst mortgage, convertible2d mortgageIncome btmds

Memphis it Litlle /{Oct— 1st mort., 1. grlid mortgage ,

Michigan C'en/ra/—stockist mortgage, convertible, sinking fnnd1st mortgage, convertible<;onsoIidiited mortgage (for $10,000,000)Michigan Central (Air Line mortgage)Michigan Air Line 1st mort., assumed by M. C.

.

Equipment bondsKalamazoo & .South Haven, 1st mort., guai'

do do 'id mort,, guar<irand River Valley, 1st raort., guar

do do 2dmort.,giiardo do stock, guar

Detroit & Bay City 1st mortgage, endorseddo do mortgage (not guar M.C.)..

Jackson, Lansing <St Sagiuaw Ist mort 1 S S'Odo 2d mort., conv. I o,0«do Ist mort. (N. of Win.), conv.

(s ySl

do Cons. m. on whole line (300m.) j § S £MUhiffan Lake Shore—1st mortgageMidland I'acijflr—lfit mortgage, gold ,

Milwaukee if- Xorthern—lat mortgage ,

Milwaukee, Lake Shore cf- Western—1st m., gold.Mine Hill if; Schui/lkill Haven—stockMineral Point ( Wis.)— 1st mortgageMississippi, Ouachita d- Red ifieer^lstra.,gold.Mississippi d- Tennessee^lut mortgageConsolidated bondsTennesisee Btate loan

Missouri, Kansas d Texas—stockPreferred stock (for $7,000,000)1st m. ,

gold, sink, fund, on road and land (U.I*.S.Br)Ist mortgage, gold (Tebo. & Neosho)Consolidated mortgage, gold, on road and land...Hannibal & Central Missouri, 1st mortgage

do do 2d mortgageMtssowi R., Fort Scott A On(/—Ist m. 1. gr. s. f

Milesof

Road.

19

'38

33269022

10027e

30

bo44941095454

291

2d mortgage, coupon, may be registeredMobile d (Sirard—lHt mort. ($212,500 eiend.)2d mortgage, endorsed by Georgia Railroad.Plain bonds

131

56928428428410310

"39399494

116116

23Vi

57571261251403235

100

780

iS'i1007867070

1611618580

Dateof

Bonds

Size, orPar

Value.

1800-11870180818711861

18631865

1870

187118691870

Amount 1,^.*. _..OutstandlngjK^„^'-

1869

18'7'2

187118721873

18731860

18721869

18741870187018661869

1872187218651868187018711869186918701872

1868187018561866

186818701871-31870

18691870'59-'66

18691867

100100100

500 &c100

1,000505050

1001.000

1,0001,0001,0001,000

23

1,0001,0001,0001,0001.0001,0001,0001,0001,0001,000100

1,0001,0001,0001,000

1,00050 Ac1.000

.50

1.0001,000

100

1,6001,0001,0001,000

1.000500 Ac

5001,000500

INTERliST OR DIVIDENDS.When

Payable

1,100,000496,500756,800633,000425,000741,400217,300

1,166,700260,000150,000

1,000,0001,600,000300,000

1,500,0001,386,0008.105,6004,440,1002,430,0001,050,0002,500,0003,000,0002,004,000300,000

1,125,IKX)750,000669,050

1,910,0002,000,000840,000706,000850,000150,000

5,312,7251,814,1421,293,0001,000,000600,000

1,300,0001,000,0(X)

18,738,2042,179,000556,000

8,000,0001,900,000200,000600,000640,00070,000

1,000,000500,000491,-200424,000

1 ,906,0001,317,000158,000810.000

1,958,000880,000

1,100,0002,134.0003,000,0003,969,600320,000500,000600,000

l,'-'54„500409,444

21,405,000

2,856,000349.000

14,758,000768,(X)0250,000

5,000,0001,947,000377,500300,00033..500

6««•

663666

777g.

"3'8.

3 s.

7•

?«•

8

"7'

474888

1066

3 per y'r,

67710

48.8878

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

J. & J.

J. & J.A, &. O.A. & O.J. ife D.M. it N,M. & N,A. & O,J. & JF. & A

Where Payable, and byWhom.

Best., N. Bk. Commercedo dodo doPortland.

Bost., Nat. B'k Com'rce.Portland. Me.

doBest., Nat. B'k Com'rce.

do doBelfast and Boston.

Manchester and Boston.

88882>a8888888

I'7 g.3^10

?«•

86

6g.7g.

7 g.71010788

& B.

& S.•& A.& A.AN.& J.

AN.& J.A J.A N.A D.A J.

A A.A S.

A N.A D.& D.A J,

A N.A J.

A 8,

A N,

J. & J.A. A O.A. A O.M. A N.J. A J.M. A N.A. A O.M. A NM. A NJ. A J.M. A aJ. A J.M. A N.M. A NJ. A JM. A 8.M. A NM. A S.

J. A J.F. A AJ. A D.J. A DJ. A J.J. A J,

J. A ,1,

A. A O.J. A J.

J. A J..1. A D.VariousM. & NM. A NJ. A J.A. A OJ. A JJ. A J.J. A J.

fnlt» fIIUUI-pal, when due,Stocks—hastDividend.

Boston, Bost. Nat.BankN. Y., Winslow, L. A Co.

Bait., B. Oarret A Sons.London.

Bait., R. Garret A Sons.do dodo dodo dodo do

Bait., Mcrch. Nat. Bankdo do

N. Y., Company's oiflce.

do dodo dodo do

Bost., Bk. of Commerce,do do

N.Y.,N.Y.,

3d National Bank., R. T. Wilson A Co.do dodo do

N. Y., Swenson, P. A Co.

New York and Boston,Boston Otflce.

doN. Y.,Farm. L. AT.Co.

dododododododododo

dododododododododo

New York and Boston.N. Y., Farm. L. A T. Co,

do dodo dodo do

N.Y.,Win8low, L. ACo,N. Y., Turner Bros.

N.Y.,Merch.Exc.N.Bk

Philadelphia, P.&R. Co.Detroit, 1st Nat. Bank,

Memphis, Office,do

[New York, InqjilreCom))any'F Omce. <

7 Nassau street.

N. Y.. Farm. L. AT.CoBoston, Co.'s oflico.

Savannah.N. Y., Nat. City Bank.Savannah, C. RR. Banic

1890 to 1891Oct., 1900July, 1898July, 1901July, 1891

July 15, 1875April 1, 1883Oct. 1, 1895June 15, 1870May 15, 1890May 1, 1870Oct., 1911

July 1, 1889Aug. 1, 1895

8ept.',"i866Sept., 1866

Aug. 1, 1891Aug. 1, 1891May 1, 1896July 1, 1890

May 'l,'l89GJan., 1876Jan., 1900

Juno i, 1892July 1, 1891Aug. 1, 1892Sepl. 1,1903Nov. 1, 1885Dec. 1, 1889

May 1, 1880Jan. 1, 18851873 to '78May 1, 1890

Jan.Vi873Oct. 1, 1882Oct. 1, 1882May 1,1902Jan. 1,1890

1890April 1, 1883Nov. 1, 1890Nov. 1, 1890Jidy 1, 1886July 1,1879Jan., 1876May 1,1902

1902July 1, 1885March 1, 1878May 1, 1890Sept. 1, 1891

1889Aug., 1899Dec, 1901Jime 1, 1902Jan., 1876Jan. 1, 1890

1890April 1,1876

8ept.l,'81to'93

Jan., 1899June, 19031904-1906May, 1890

Jan. i'.'i899April 15, 1890

1876Jan., 1889Jan., 1887

"The total earnings for the year 187.5 have been$1,"86,076 47; operatui;; expenses, $1,147,066 82;Met earnings, JB-M.OOfl 6,S—aufllcientto nay all operating expenses, interest, coupons aua rents, andleave a small b-dance. In 1874 the total rccelDtswere $;J,0i)1.080 55. and operating expenses $l,"i81,-

611 »5. Net, «813.89;t 30. Showing a diminutionthl«year, Us comparoJ with last, In gross receipts,>308,0M OS; in operatins expenses of $1.34,til4 43;and m net receipts of gir3,.38:) 65.

"Of this reduction in our gross receipts the pastyear, $77',3-J2 58 was occasioned by the modiflcitionof former contracts, for the purpose of producmgnuifurni and harmonions action bi'twei'ii the Easternand Boston & Maine roiidi, wliicli will result, as wetmst, to the benefit and in the general couvenieucuof our patrons who have occasion to io businessover the railroads west of Portland. The balanceof the diminution in onr gross receipts, 4230.681 62,must be attrlhnled to the general dep'ession of th9business of the country, and •reduction of tariff byHpecial rates." " (Vol. -^0. p. al3, 366; V. J8, p3.5iJ.)

Manchester <k Lauir«nce.—FoTmo,r\y operated withth« Concord Railroad as one Ittie. Net earnings1874-5, $101,117. (V. 20, p. 56J.)

Mansfield, Co'dwater * L. 3f.—Leased by Penn.Company for net earnings. In hands of mortgagetrustees. (V.20, p. 4*6; V. 8i, p. 42.)

Manfhfld it Framingham.—\x&aei\ to Boston,Clinton & Fitt:hburg. at 25 per cent of gross earn-ings. Consohdation made June, 1815. (V. 20, p. 615.)

Marietta, PilUbiirjh. it Ckvelani.—'Sat, earningsIn 1-74 were $40,717. Defaulted and in receivershands a ugust, 187.5.

Marietta A Cincinnati.—Gross caminffs f«r theyear 1875 were »l.il6i.015; expenses, $1 290,590; n.'tearnings. $3ri.f24 against $5-i3,1.50 net earnings in1874, This road foriiis a part of the tnrough ronto,and IS operated in close connection with tlie Baiti-uioro & Ohio Railroad, which has made large ad-

vances for recent construction on the "Short Lme.".Vnnual report V. 22, p. 298.Marquette, Boughton & Ontonagon.—"Wis is a con-

solidation of Marquette & Ontonagon and Hough-ton A Oiitonaiifon. Lanris amount to 425,0<)l acres,chiefly timber and mineral. Stock, $2,306,600.

Man/land & Delaware,—This line was leased bythe New .lersoy Southern, to fo.-m part of thethi-ough route. Lately proceedings looking to fore-closure have been startcl. (V. 21, p. 242.)

MemphtJt ifc Charlet.ton—T\ii» road was leased tothe Southern Railway Security Co.. but in 1374 thelease was cancelled and Mr. R. T. Wilson, Presidentof the East Tennessee, Virginia & Georgia, road waselected President of tlie Memphis A Charleston,with a new board of directors. No recent report hasbeen obtainable. (V. 19, p. 424.)

Memphis dc LitlU Rock.—Interest has been in de-fault since November, 1872. (V. 17, p. 330, 649; V.20, p. 336,615; V. 21, p. 16.)

Michiflun Cfn^rtj/.—The annual report to May 31,1*75, (V. 21. p. 109.) showed gross earnings onmain line and branches of $7,10-2, •J8t), and net earn-ings. $2,0.14,188. or $76 253 loss than previous year.I'he floating debt .luue 1, 187.5. was $770,015, Bgainst$1.0,-.6,152 on the Ist of June, 1874. The J., I . & S.debt is assumed by Michigan Central, which alsopays #711,001 per year on the stotk, one-third ofwhich it owns. Semi-annual report to Dec. 1, 1875,in V. 22, p. 41, showing net income of $)85.()!t2

abo%*e interest charges. Ac. Interest was passe 1 onthe Detroit A Bav City bonds, not guaranteed, Nov.,1815. (V. W, p. 143; y.iis, p. 101; V. 81, p. 15; V.82, p. 41.)

.VcM/an Like SAor«.—Befaulted 187J, and inreceiver's hands. (V. 18, p. 218, 501; V. 21, p. 110.)Midland Pacific—TMti was one of the roads repre-

sented by Messrs. Turner Bros, in New York', ofwhich Benj. E. Smith was president. Default in in-terest was made in February and August, 1875.No litigation as yet.

Ml'wavkee <& Northern.—'TK\i^ road defaulted oninterest December, 1874. Circular to bondholders, V20, p. 615. It is leased to Wisconsin Central andthere is said lobe some prospect of resumption. (V.a-a, p. 8.3S.)

Mihitavkee, Lake Shoiv 16 Western.—In 1873 thenet earnings were $7 HOO; cost of road and equip-ment, $3.7.'iO,0(O. Sold In foreclosure for $2,509,7ffl,

Dec. lU, 1875. (V. 21, p. i.'il, 591.)

Mine Hill dt Schuylkill flaren.—Leased to Philn-delphia & Reading, May 1884, for 999 years; 8 percent dividends on stock.

Jfineroi /Wn<.—Total receipts 18 (.3, $1-28,121; ex-penses and interest, $130,614; cost of road, &c.,$1,900,000.

Mls$tssippi, Ouachlla * Red Elrer.—lAnA grantS.57.000 acres. Sold in foreclosure, Dec. 16, 1875,for $85,0(X). (V. 2), p. 405; V. 81, p. 535, 613.)

Mississippi A Tenne.ssee —Stock, $825,400, Netearnings 1874-5, $211,3.32. V. 22, p. 181.

Mtssouri, Kansas ife 7(xas.—This road was build-ing under most favorable auspices and showed goodearnings, bat In December, 187-1, passed interest.A compromise with bondholders has been pendingand will probably be effected. (V. 21. p. 137.)Receiver was appointed, December. 1874. Landfrant Is aliout 4,56,5,112 acres. Latest olan V. 2*, p.

0,->. (V. 19, p. 29; V. a«. IB. 141. 501 ; V. 81, p. 87,186. 807, 253, 395; V. 22, p. 111. 158, 368.)

Missouri River, Fort Scott & (?«?/.—The stock is$5,950.1100. Interest pai'sed Oct , IWi. on 2d, andJan., '74. on 1st m'tgs. Net income of 1974. $301,"Pi.Coupons of .lanuary, 1874, paid Julv, '75, one halfcash and one-half in 6 nios. notes. 'V. 80, p. 403;V. 81, p. 15.)

Mobile it Girard —The Centrnl Railroad of Geor-gia endorses t,212,5 iO of the Hrst and all the secoudmortgage bonds. Net earnings 1874-5, $22,68o.

April 29, 1876.] •RAILROAD STOCKS AUD BOi^DS. ZxiU

Snbaerlbera will confer a gretit nivor by (iTlne Immediate notice of anj error dlacoTcred In tbeee Tables.

UHSCKIPTION.

Forezplunntioii of column lieadiuKo, &(i., tee notesat tlie iKiid of Urst page or tables.

ilobile it .Vonlgmnery—HtockilohUe if: O/mo—Stock

Convc'itllilc 8 Jier cent bonds1st inortt'a^re, sterlingIntcriftt bondslnt<MC8t bonds, Ktei-liiiK

Ti'iincKtsee subs., Ist inorticHfrc, st<:rlluKHix'ciul mortgage (Mississippi, Ualncsvllle & Tex.)2d niortgilKO(,'oiisolidaUd mortgugc, gold (for * 15,000,000). ..

itontclair of New Jersey—1st m., gold, guar•2d mortgageIncome bonds

iloutj/iiHiery <£ A'u/aw/a—1 mort., end. by Alabama.1st mortgage, not endorsed

llonticello it Port Jemis—lst mortgageUorrls i£ Essex—stock

1st mortgage, sinking fund2d mort^jageConvfjrtfble bondsConstruction bondstien. m. & 1st on lioonton Br. &e. (guar. D.L.&W.)Consol. mort. (for $25,000,000) guar. D. L. <fe WSpeoial mortgage toD. I-. & W

KashiHlle, Chatlanooga A St. Limis—Btoci.Bonds to U. S. government, 2d mortNew 1st mort. ($20,000 iwr mile)

XashvUle <£ i>fco(i()'—Ist mort. guar, by L.ife N. . .

.

2d mortgageSashita tt Lowell—StockBonds for freight depot

littugatuck—StockIst mortgage, couiiou ($52,000 convertible)

Ke*oark, Somerset t£- Straitsc, 0.—1st mortgage. .

.

Kew Bedford—StockBonds

,

BondsNewcastU d Beaver Valley—StockKew Haven <t Iterbif— 1st mortgageXew Haven <t Xorthamp. (canal KR.)—StockMortgage bonds, coupon ,

Bonds convei'tibie, ta.x fi'ee, couponHolynkc! & Westtleld RK

K.J. MUtlaiid— 1st mort., g'ld, guar. byN.Y.&O2d mortgage, currency _

Kew Jersey <£ New I'orfc— Ist mort. (for $1,500,000)K. J. Sffumera— 1 st mortgage

1 St mortgage (Toms' River br.)2d mortgage liondsConsolidated mortgage, for $7,000,000

New Jersei/ n'eM JAne—lat mortgage, goldKew London Northern—Stock

Ist mort^'age bonds2d mortgage

K. 0., Mob. d- rex.—Ist mortgage (Mob. to N. O.) . .

.

Kew OrUans. St. Louis ii C/Atc.—Consolld. stockNew consolidated mortgage (for $25,000,000)Consolidated lat mort., gold (N. O., J. & G. N.). .

.

Ist mortgage, do do ...

2d mortgage, do do . .

.

Consolidated mortgage (Mississippi Central)1st mortgage, do2d mortgage, doTennessee State Loan doIncome and equipment mortgage2d mortgage scrip

y. Y., Boston <t Jfo(i(rc(i/—Ist mortgage, goldN. Y. <£• (!anadu~lst M., sterling, guar. D.& H. Can.New York Ventral it Hudson Rivei-—StockPremium bonds (N. Y., Central)Bonds for debts assume<l dodo B. & N. F. stockholders do

Bonds railroad st<iek dodo real estate do

Bonds convertible till 18(i9(N. Y. Central)Renewal bonds2d moitgage. sinking fund (Hudson River)Coupon bonds 1871 (not mortgage)

Milesof

Roa<l.

18(1610

21

808023

1378184

34137

345

Dateof

Bonds.

8l7.<i, orI'ar

Value.

13213214

"57

"42

57

1513

10070

"id808037787I2

327

i'06100100140500

206200200237237237

350

842

18731853

18711871

1874

186718701870

18641800

vari'i'.B

187118711875

1871187318701867

1873

18501809

18611874

08&70

1809

18701870187118731809

187118731870

180518721871

Now mortc-a^e J$30,000,tX)0 } coupon or regis-NOW mortgage

j £-j.(K)().ooo 5 tcred.840840

18731856I8601873

18091874

1853185018541853

1854

187118731873

$1001(K)

1 .(MM)

£225KM) &eilOO&c1,000

10<r&c.1,000

100 &c.

1,(MM)1,0<M)1,0<K)

no250

500 &e1,0001,0001,0001,000

"25

1,000500100

"ibo

500 &c100

500 &c

50500 &e,

1001,0001,0001,000100 &e.100 &e.1,0(K)1,000

100 &c.

1,000

ioo100 &c.500 &c.1,000

1,0001,0001,0001,000

1,000£100&c

100500 &c.1,000

100 &e.1,0001,0001,0001,000

1,0001,000 )

1.000 s

AmountOutstaudlag

$3,022,5175,320,0<K>

977,.'>.'>0

5,08fi,0001,524,300701M120

1,008,000.'i3,000

1,4.'>3,8D8(»)

1,800,000780,CMM)8M8,<KM)

1,040,000330,(MM),''>0<>,<MMI

14,'2i»7,iKK)

5,000,0003,0(K),000284,000573,000

5,0(M),(MM)3,230,<X)01 ,025,(MM)0,575,2951 ,0<M),0005,800,0002,10(),(K)0

.500,(H>0800,(HX>2(M),000

1,882,900103,0008(M),000

1,078,500171,5004CM),000005,000525,000

2,460,0001,000,000900,000•200,000

3,0<K),0001,.5(M).(XM)

910,0002,120,000120,000

1,000,0005,300,0003,000,0001,500,000300,000300,500

4,000,00012,158,050

3,559,2,941,1,500,3,723,997,

1,997,1,279,6,000,395,

0,250,4,000,

89.428,5,930,1,514,

70,59-2,

100,88,

2,900,1,894,1,950,

,000,000,000,500000000000000115000000300020000000000000000000000000

24,600,000

INTEREST OR DIVIDENDS.

Rate per WhenCent. Payable

8

887 g.

?•'•

7

I'i-777777

I'll

477

i'-

t'-7!«•

672Hj7.

37

?«•

?«6777g.267

8 or 7 g.

I'-8

?«•

87

Q-M.M.&N.M. & V.M. & N.J. & 3.

M.A N.March

J. & J.

M. & B.

M.& B.J. & D.Q-J.

.1. &. J,M. & N.F. <t A.J. & J.F. & A.A. & O..7. & D.

A.'i"o.

J. &"j.J. &. J.A. * O.M. & N.

P. & A.J. A J.M. & N.M. 4 N.J. & J.J. Si J.

Q.-J.Various

J. & J.A. & O.

F.&AF. & A.M.&. S.

M. & N.A. it O.M.& 8A. & OM. & N.Q.-J.

A. & OJ. & DJ. & J.

J. & J.,1. <fe J.

A. & O.M. & N.M. A N.F. & A.J. & .7.

Where Payable, ood by

New York.New York anil London

,

Mobile.Loudon.

New York and Ix>ndon.Mobile.

doNow York or I»ndon.N. Y., G. Opdyke &, Co.

do dodo do

N. Y., O. Opdyke A. Co.do do

N. Y., Union Trust Co.N. Y., Del., Lack & W.

do dodo dudo dodo dodo dodo do

Jknult—l'nuei-pul, W hen Due.StM-kt—tj%alDividend

Deo. 1, 1883Nov. 1, 188»1870 and '83

1H83lUOl

1877-H82Jon. 1. 1904

New York St Nashville.N. Y., V. K. Stevenson.

do doN. Y., Drcxcl, M. A Co.Nashville, Co.'s Office.Boston it Nashua.

7o

7

777

c.

Bridgeiwrt, Conn.do do

N. Y., Union Trust Co.Boston A New Bedford.Boston, Suffolk Nat. B'k,

do doNewcastle, Pcnn.

N. Haven, E.8. SerantonNew Haven.

dodo

F. A A.M. A N.Q.-J.

M. A N.F. A A.M. A N.M. A N.M. A N.F. A A.J. A D.J. A D.A. A O.J. A J.J. A .7.

N. Y., Co.'s Office,do do

New York and I.,ondon.N. Y., Co.'s Office,

do dodo dodo do

New Txjudon, OfficeN. Y., B'k of N. America

do doNew York, Co.'s Office

N. Y., 80. RK. Ass'n.N. Y., J. B. Alexander.

do doN. Y., So, RR. Ass'n.N. Y., J. L. King.do dodo do

New York Co.'s Office.I.,oudon, Baring Bros.

N.Y.. Or. Central Depot,N. Y. Union Trust Co.

do dodo dodo dodo dodo dodo do

N.Y„ Grand Ceu. Depot.N. Y., Union Trust Co.

do doIjondon.

March 1, 1880June 1. lUOO

1890Jan. 2. 187a

1914181)119001889

Oct.. 1901June 1, 1015

Apr. iVi8751881 and '01July 1, lOl.-*July 1, 190OOct., 1887

Nov. 2. 18741893

Feb., 1876July, 1870

Nov. 1, ISSfl"May 1, 1870July, 1. 1881July. 1, 1804Apr., 18701898 to 1000Oct., 1874Jan.. 1899

Apr. '80 to '82. 189118951881

Morcbl, 1893Nov. 1, 188»

1881April 1, 1903Moy 1, 1900Apr., 1, 1876

Sept., 1885July, 1802

Jan, 1, 1916

Mobile it Mont'TOnierv.~-So\d in forcclosnre. No-vember, 1874, and stocK given to old bondholders.Old mort^tage debt yet out, tSJ33,(j00. (V. 20, p. 82,

501; V. 22, p -280.)Mobile (fc O/iio.—The company has been in default

since March, lt<".5. A full account of its affairs, withannual report for 1H74 is in V. SO, p. 452; loter

statement. V. 2!, p. 6ii3. W. B. buucin and A. F '

Elliot are Receivers. fV.-W. p. 35S, 452, 501, 571; V,SI, p. 60>: V. 22. p. 15% 313.)

Uontclair.- The 2d mortg>igc was foreclosed Be-cembcr, 16"4, and road sold aiain Hi'pt. 2."), 1875.

(V. 20, p. 18, 290,343, 488,501. .57:; V. 21, p. 186,

278. .3'«, 8U5.)

Mont/ionury it Eufaida.—lnVcrmt has neen in de-

fault since January, 1H73. 7t is one of the SUto aid

roads, and advertised for sale Dec. 0, l'6Vi. (V. 21,

p. 48!i.)

Moniicello it Port ./«Tt».—Defaulted in 1878, SoldJoly7, 18;.l. (V. lit, p. 3.1, 143, 503; V. 20, p. 3.5*,

383; V. 21, I). .3!). .5!)2.)

Morris * iJw«.—Leased in perpetnity to theDelawar.*. fjickawanna A Western. The lessees

assum ail liattiiities and pay 7 per cent on stock,

and 8 after 1874. if thev then earn 10 net on MorrisA Essex road. (V. 20, p. 80, 477, 488; V. 22, p.

899.)JfasliviUe, C'/ial/anooga tt St. Louis.—Gross earn-

ingsof 1871-5. * 1,6 (I.8-20; expenses, $1.I51,M.54; netearnings, $.'.2fi.871. In six months ending Dec. 31,

1875. net earnings were 83)1,120. (V. 21, p. 370;V. 22, p. 11:9, 181, .30% 410.)

Nashville it. JJecatiir. Leased May 4, 1^71, to 7j0n-

isvlile & Nashville Company for thirty yairs.

Nashua & lx>weU.—'Set earnings in 1874-5, $56,464.

(V. 21, p. 590.)

Naugatuck.— THet earnings 1874-5, $222,327. (V.SI, p. hll.)Newark^ Somerset A StrailsviUs.—Incased to San-

dusky, Mansfluld A Newark. Guaranteed Dy Balti-

more & Ohio.New Bed/ord.-This rood is leased and opciated

by the Boston, Clinton A FItchburg for 8 per centon stock and interiist on debt.

New Castle it Beivtr K.tt'y.—lA'Xsed to Pitts-

burgh, Fort Wayne A Chicago, and lease transferred

to Penn. Company. Net earnings, 1875, $219,531.

(V. 20, p. 425.)New Hiven <t Derby—"Set earnings 1873-1. *24,8-?2.

New llavcn city guaranteca j;225,000 of tiie lionds.

Neto Unren it Northampton.—Otoe's earnings,

1874-5, S59.5,lii4; operating expenses, $3'J!I,-J50; netearnings. $195,91.3. (V. 21, p. u9U.)

New .Terseii <fc New J-ori.—This was a consilida-

tlon of the llackensack &, N. York and HackensiickExtension, and further built to Ilaverstraw. Theold bonds are about $JO0,0UO, 7 p. c., due M.iy, 1890.

(V. •^11. p. 488.)

New Jers'y .l/i'/^anrf.—Defaulted after the panic of

1S73 and funded coupons. The company, havingexhausted its capital und cn'dit in construction,

leased to the New York Midland for 7 per cent onits cost ; it had at the tnue a floating debt of about$40e,0O0. After the pernio of 18T3 the road cameback witiiout sufflcient rolling ft.'ok and withoutmeans to pay interest. The bondholders fundedcoupons, but default was again made. Several

plans of re-organizatiiin sac proposed. (V. 20. p. 24i.

2.58, 313, S.'JS. 488; V. 21, p. :«), 64, 8'J, -.130, 818, 393,

44.', 466, 489; V. 22. p. K7. 135.)

NtW Jersey Soutliern. —Th\» was a cnnsolidiitlon of

several roads. Net earnings. 1875, * 109,27l>. Interest

iu default fince October, 1873, Litigation la prog-

ress. Oomprehensivc plan of re-organizatlon, \ . 21,

p. 4B«. (V. 20, p. 31 3. 488; V. 21, p. 466, 489.)

New .Jersey West Line.^ln foreclosure. (V. 19,

p. 640; V. 2.1, p. :)83; V. 22, p sal. 400.)

New London ^Mw^/wrn.-"Operated under lease till

1891 by Vermont Central for $1.')0,(100 a year. In-

come of Co.. In 1874-5, $151,975; disbursements,

8143,973, (V. 21, p. '-.90 yNew Orleans, Mobile it Texas.—The Western Di-

vision of this road was sold Nov. 18, 1874. Interest

in default since 1872. The trustees' cirouar for re-

organization of Western Division Is given iu V. 21,

p. 231. (V. 21, p. 231, .'.35; V. 2'2, p. 'i-Vi. XA.)

New OrUans, St.Louis dt CfMeago.—Grots eammgs

Jan. 1,1012July 1, 1886Oof. 1,1 8C«May 1,1912

Nov. '74. '79 '84188018-*018^4

Aug. 1, 1874May 1, 1889May 1.1904

Apr. 15. 1876May 1,1883Aug. 1, 1876May 1,1883May 1. 1883May 1,1883Aug. 1, 1876Dec. 15. 1887

Jtnte. 1885April. 1891

Jan. 1, 1903Jon. 1. 1903

ycjir ending Juno 30. 1875, $3,184,390; net, 81.363.943.See annual report, V. 22. p. 156. Operated as B con-nectin? line with III. Cent. III. Central buys up*200.(I00 per year of consol. mortgage bonds of 1873.The Miss. cent. 1st mort. bonds, dueNov..lH74. werenot all paid, and Nov. 1, 1875, and Jan., 1876. therewas some delav iu nayntc- t of Interest. Floatingdebt June 30, 1S73, $l,'9-29,0.i7. Receiver appointedMarch. 1876. (V. SI, p. 15, 613; V. 22, p. t«, 117.

156, -28!. 328.)

New Yorl; Boston it MonDvat.—Vronotei consoli-

dation of several roads fnim New York to Rutland.Company defaulted In 1874 and no'v in bands ofreceiver: foreciopure |>endlng. tV. 20, p. t3(i. 358,3.S3, 405; V. 21, p. 16, .349.)

New York it Coiorfa.—The bonds are irvaranteedby the Delaware A Hudson Canal Co. Koud openedthrough Oct.. 1875. (V. 21, p. 207.)

New York Ventral <fi Hudmn Hirer—The con-solidati<»n of New York Central and Ilud-son Riveiwas made Nov. 1, 186!). In 1388 the stock of thesi'parato comjianies was $4'2,712,700. The scrip divi-

dend on New York Central of 80 per cnt was madein Dec, 1868. On consolidation, another 27 percentwas distiibutcd on Central stock and >5 per cent onHudson. The mortgage loan for »40,'XiO,000 is toretire prior debt, and the balance for laying third

and fourth track and other improvements. Thesetracks were nearlv completed from Buffalo to AlbanyJan. 1 ,1875, thus furnishing a double track road cx-cbislvely for freight ;raftir„ The lUrl-m liailmad

was lea.sed April, 1873. The following is a compari-son of operations, Ac, for Bvc years :

Cost of roadGross Net Funded and

Receipts. lieceipts. Debt. equlpin't.

$ $ $ I1874-5. .29.027.218 n.76.i.lll 40,001.667 96,.3&5.774

187:1-4. S1,6«),S86 1:1,262,089 3'<,48t,74J 8S,e06,aO3

1878 8. ..29.196,851 11,484,863 27,7a.5..'33 T8.0I4.9r.4.

1871-2... 2.\580,e75 9,I84.2W» 16,496,020 6S.29».<>»4

1870-1...21,978,106 8,260,816 15,231,719 60.413,657

(V. SO. p. 48, 85S, 546; V. 22, p. 41.)

WLI^ BAILEpAD STOCKS ANP BONDS. [April 29, 1876.

Snbacrlbers will eonfer a creat OiTor by «>'>( Imiuedlat* notice of anr «rror dlacorered In tbeaa Table*.

DraCRIPTION.

For explanation of coliiuiii heu<llu>rx. &i\, sou notesat tlio lioiul of flrnt pftf^o of tabU<«.

/few York di Harlem—Common stockPreffrretl stock ".

Consul, mort., coup, or rog. (for$ia,00O,000)...Sinkinjtfuml

jV. T, Jloimatonic <f' .\orthem—l»t mi>rtKagt<A\ T. Klnggt. it .V«ra.— 1st lu.. kM ($4,<X)0,000)A', r. rf- Xew Kniilaiul iBosl., Hart/. <£• Erie)Stock.l«t mort^aj^CH, old

A'ew I'ork, Srtr Ilapen, <f flartford—St<»ckHarlem & Portclifstcr, Ist n^o^tKapt^ guaranteed.

A', r. <e Ogtetf/ii ilidlaiirl—liit mortgage, gold*2A mortgage, coiivertlble'M mortgage., non-eoiivertlblc;kl mortgage, eiiuii>ment1 st mortgage, \\ estern extension('.onsoUdjitf^d nutrtguge

K. X., Pror. if yjo«/uii—(.Stonlugtou)—StockIst mortgageImproTcmcntKxtcnsionGeneral mortgage ($1,000,000 authorized)

yorlh Caro/iii«—stock, commonl*rcferred stockMortgiige bonds

KorOuattrrn (S. 6'.)—Stock, commonI»ref. stock (8 per cent) exchangeable for 2d mort.1st mortgage, new ,

•2d mortgage, new ^Xorlh Penn/tyhania—Stock

1st mortgage< rha ttel mortgage•Jd mortgageGeneral mortgage bonds

yorthfrn Ventral—HXoi;}^Ist mortgage, State (Maryland) loan'Jd mortgage, sinking fund, coupon;td mortgage, sinking fund, couponHd mortgage, Y. & C. RK. (guaranteed by Bait.) ..

Oongolidated mortgage, gold, couiwndo do do registered

Income convertible bonds, coupiuiIncome bonds for roads purchased, eonponConsol. mortgage, gold, s. fund, coui). $ or £Mortgage bonds (excli. for incomes of '7B)

Northern, N. if.—StockXorthcrn of A'ew Jersey—Stock

1st mortgage.Vorthern /'ncij'/e— 1st mortgage, gold, land grantXarwieh <£ IForr/^^/er—.St<tck

1st mortgage. State loan, sinking fund3d mortgage

OgdtmburH if hake CAamptaid—StockPreferred stockEquipment bondsSinking fund txuids

Oh-M ^. ilissi^fiippi—Stock, commonPreferred stock (7 p. c. yearly, cumulative)Income and funded debt bondsIstoon.solidated mort. ($;i,r)17,000are s. f.)

Consolidated mortgage, sterling'Jd consolidated sinkiiigfund mortgageDebenture sinking fund bonds (tor 1^1,000,000). ..

Spring.. Ulv. (Sp.& 111. SE.) 1st .M. (for $3,000,000)Oil OreekiC Allegheny Itlrer—IM mort.(W. & F.RE.)

1st mortgage (Oil Creek KR.)lat mortgage (Un. & Titusville RR.)yew mortgage, (Pitts. T. A; B.)

Oia Colony—atockBondsBondsBondsBondsBonds

Omaha i£ Korthwest^rn—Land gi*ant gold bonds. .-

Orange rf- A'eiracA-— 1st mortgageOregon d: Callforn ia— 1st moi-tga.geOtwego d: Rome— l»t mortgage guaranteedIncome mortgage bonds

Oswego d- ,S'//raci(xc—Stock, 9 per cent guarMorttrate bonds

Milesof

Road.

Dateof

Bonds.

132

is'i

"iio

150

"

sV)

14112<4834225225

6262

62223223223102102102102

56

"56

31313813813826138138138

i38

2121550

666612212''

393393148393303303

328

409

20028I3

'35

35

1872186118731872

1864

1873186018701871

1873

1868186658-'GO1869

67-'08

18691869

185518651853186818681870187274-'75

1870

68.'691870

186218681868187118731874

18701876

186618671871187418751871

18651866

58*64

Size, or

Vaufc. lOutstandlngAmount

$5050

1,000500 &c.500ifec,1,000

100

100 ic.

1001,0001,0001,0001,0001001005005050

.50050050

500 d:c.

1,000500 &c.

50

,500 \c.,500 &c.500 &e,1,0001,0<K)1,0001,0001,000

ioo

100 *c100

100100

1,0001,000100100

1,0001,000£2001,0001,0001,0001,0001,000

500 &c.

ioo1,0001,000

500 &e.1,000

1,600

1,0001,000

50500 .fee.

$7,500,0001,500,000

10,500,000108,444

1,.500,0002,500,000

20,000,000273,000

15,.5OO,0OO2,000,0008,000,0002,.500,0001,.500,0003,800,0002,425,0001,200,0002,500,000

76,000100,0003,50,000837,000

3,000,0001,000,000380,000899,3.5096,000

820,000226,500

3,978.1501.930,500360,000

1,500,0002,035,0005,842,0001,500,0001,490,0001,126,000302,602

2,599,000205,000

1,000,0003,000,0002,964,000

INTEREST OR DIVIDENDS.

Rate per WhenCent. Payable

3,068,4001,000,000400,000

30,441,3002,604,400400,000245,000

3,077,0002,000,000500,000468,000

30,000,0004,030,000174,000

6,584,000113,000

3,905,000160,000

1,616,0001,500,000580,000500,000

1 ,550,0000,733,8001,000,0001,4.50,000265,500

1,693,000500.000

16,000 p. m.546,000

10,950.000350,000300.000

1,320,400134.000

3ex3ex777 g.

7g

77

772i«

6767338

'488361077366666 g.

««•

7

!^'^-

21s3%

7.30 g.,5

672488

"3'la

7

6 g.776

777347

67.30 g.

67 g.

4I3

7

Whore Payable, and byWhom.

iiojirfs—Princi-pal, When Due.StoekB—hamiDividend.

J. & J.J. .fe .1.

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

M.&'8.J. & J.

J. &'j.M. * N.M. & N.

F. & A.J. & ,1.

M. & N.,1. & J.M. & H.

M. &. 8.

M. & N.

M.'&N.M. & 8.M. & 8.F. & A.J. & J.A. & O.M. ifeN.

M.&N.

J. & J.A. & O..1. & J.J. & J.A. & O.A. & O.J. & J.

J. & J,

J. &b.

N.Y., Or. Central Depot.do dodo dodo do

N. Y., St. Nieh. Nat. B'k,New York.

Boston.N.Y., Grand Cen. Depot.

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

A. & OJ. & 3M..& a,

N. Y., G. Opdyke & Co.do dodo do

N. Y., M. Morgan's Sous.do dodo dodo dodo do

Company Shops, N. C.do dodo do

Charleston,do

Philadelphia Office.do dodo dodo do

Baltimore & Philadel.Annapolis.Baltimore.

dodododododo

Ix>ndon & Baltimore.

Boston, Office.

J. (Sty, Hudson Co. B'k.New Y'ork.

New England Trust Codo dodo doBoston, Office.

dododo

M. & 8.

A. & OJ. i ,T

J. & JA. & O.M. & N.

1stF. & A.A. & O.J. & J.

F. & A.J. & J.M. & S.

F. & A.F. & A.M. & 8.

J. & D.J. & J.M. & N.A. ,ii O.M. & N.F. & A.F. & A.M. & N.

New York, Offlcn.do dodo do

London.Now Y'ork, Office.do do

coup, due Nov., '77PlUludelplila, Office.

do dodo dodo doBoston, Office.

<Io

dodododo

N. Y.. Kountze Bros.Newark, Office.

N. Y'., Drexel, M. & Co.N.Y'.,Fanners' L.iT.Co.

do doN. Y., Del., L. & W. RR.

do do

April I, 1876April 1, 1876May, 1000

Jan. 1, 1881Oct., 1908

July 1, 1902

1884Jan. 1, 1876

1903Jnly 1, 1894May 1, 1895May, 1896

April 10, 18761878

July 1, 18761878 & 1881July 1, 1899Mar., 1876Mar., 18761877 & 1888

May, 1875Sept. 1, 1899Sept. 1, 1899Fel). 1, 187«Jan. 1, 1883Apr. 1, 1877May 1, 189S

AprU 1, 1876Irredeemable.July. 1885AprU, 1900Jan., 1877July, 1900July, 1900April, 1880

Jan. 1, 1932July 1, 1904

1926Dec. 1, 1875

187S1878

July, 1900Jan. 10, 1876July 1, 1877July, '75 to '77Jan. 10, 1876April 1, 1876

Jan., '78 to '79Mar., 1890

Nov. 1, 1905Mar. 1, 1875AprU.l, 188-^Jan. 1. 189aJan. 1, 1898April, 1911

May 1, 1883Nov. 1, 1905Feb. 1, 1896Apr. 1. 1882July 1, 1890Feb. 1, 1896Jan. 1, 1876Sept., 1876Aug., 1877

Aug. 1, 1881March, 1894Juno 1, 1895Jan., 190*

May, 191.^Feb., 1891

Feb. 30, 18761880*1885

yew Tort <t 7Zort«n.—Gross earnmgs 1873-4,$),836,535 ; operating expenses. $1,719.394 ; netearnings, il,l.j7, 141. Leased to New Y'ork Cenir.ilat S percent per annum (payiible .T. & J.) on stock,and interest on bonds. The Fourih avenue horse-railroad and real estate was retained. The extradividend April, 1876, was froai profits of city line.

New York. ITousaionu; Jb J'brtA<rn.—Foreclosurepending. (V. 81, p. SiV.)

New York, Klngiton <t SyracwM. —Inclndes oldRondoat & Oswego Sold in forcclo«ure Mav 2,

1.^75, fo.r $750,000. (V. 19. p. 360, 5j:i: V. 40, p. 'US,314, 453, til5: V. 21, p. 100.)

New York <C Ntw i'/ioiffn'^.—This was formerlvPioston Uartf. & Krie. The road was opeiated bvthe trustees of the Berdcll mortgage for severalyears and conveyed to the \\n\- company in July.1875. Gross earning'* (In Mass. I, 187t-.'>. *!I10,1~8

;

net, $137,100. (V. SO, p. 28M, 3811, 8!4; V. 31, p. 81,207,533,570.)

New York, New ITaren <£ Ttar(ford. —THet income.•ipplicable to dividends in isrt-.'). $l.B!)1.!»3t), airaijist

$l,S78,iJ6 in 1873-1. (V. 20. p. «!; V. 2;, p. 15.)

New York <C Oiwego Ml'Jland.-lntKTest in de-fanlt since 1878. lleceivers' certificates liave been

|

issued, and the floating debt, Sept. 30, 1871. was $«.-474.649. Deflcit on operations, year 8;8 4, $2S«.38-2. I

Latest funding plan V. 41. p. 378. (Y. lit, p. 6'2,

*«8, .151. 840; V. 40. p, m, 413. 36), 313, 501, 534: V.31. p. 40,61 186: V. 44, p. 3"i2.)

New York, Pron'lenee (t /yo'ton. —.Vnnnal report 1

'or fiscal year endinz Sept. 1. 187.5, showed net earn-iajs $40A..5tI. leaving a .surplus of $73,7<1 above iii-

t^^rest and dividend payments. Full report V. 21,p. 464.

Nartk Carolina.- Lenscd September, 1871, to Rich-mond & Danville Railroad at $46 l.OOO per annum.lu March, 1875, the gauije was changed. Dividendsof 6 per cent, are paid oa stock, of which the State

of North Carolina holds $.3,000,00,1. (Vol. 16, p. 653:V. 17, p. 155, 218; V. 40, p. 267; V. SO. p. 39 J.)

Northeastern. S. (7,—Annual re lort for 1874-5 inV. 20, p. 499. Gross earnings, $416,956; net,$173,441.

North Pennjii/lvaiia.—QToaa receipts in year 1874-5.*1. 417,731: net. $512,I!)<; surjilus above interest.$lHn,.')27. Stock held by Philadelphia city was soldFebruary, 1875. (V. 4J, p. 231, 403; V. 23, p. 1 34.)

Northern Cenlrnl.—TM annual report for 1875 inCuRoMci.K, V. 23, p. 278. shows gross earnings,$i,»26,-ii:: expensci. $3,ii2,ia3: net. $1,564,124.The total net income was $1.706,6.39, of which$l.'J47.I76 was paid for interest and rentals, leavingnet income. $459,463. equal to 7 86-10 > per centupon the cnpital etock of the company. The reportfor 1874 showed gross earnings of $4,676,1)00; ex-penses, »3,333,553; net earnings, $1,293,946. (V 19,p. 617; V. 40, p. 267, 3:)6, SaS: V. 24, p. 257.)

Northern. New Hampshire.—^et, income fiscalyear 1874-5 was $193,894. i.\. 20, p. 499.)

Operated by Erie at 35, which in 1875 were

Nort^ier/h of New .Jersey.-per cent of grjss carniligf»478,991. (V. 4U, p. 488.)

Northern /^d/fc—Sold Aug. 13 1875. for $100,001and pref. stock i» issued to houdlioUiers at the rateof $1.4 10 for each $l.oni) bond, and this inclifdes theInterct funded to Julv, 1878. This slock is ex-chingelble for land at iti par value. (V. 41. p. 15,78. 131, 100, 431, .34), :i74; V. 43 p. 133, 159, 20;).)

Norwich (ft ICorrw/^r—Leased Fehmary. 1361. toBoston, Ilarlford * Erie f ir 100 years at lo percent,per annum on cost. Dividends paid of 10 percentper aunum. Gross receipts In 1874-5, $749,440; net$494,997. (V. 21, p. 590.)

Ogd-nsburg <t Like Cham/ilaln.—hoaited in March,1870, for twenty years to the Vermont Central for In-terest on bonds, 8 per cent on preferred stock and on

common 6 per cent for three years, 7 for the nextthree, and 8 for the next fourteen years.

Ohio <f; Mississippi.—.Kn abstract of the annualreport to .IiuH! 30 was given in V. 31, p. 322 and464. The following comparison is for three years;

1872-73. 1873-4. 1874-75.Earnings $3,751,444 $3.4T».074 $.1,404,479Operating expenses. 2,613,313 • 2,540,880 3,3(0,969Net 1,141,109 931,198 86.3,510

Interest,<fec 1,038,137 773,138 815,472

The company nurchavd the Springfield & IllinoisSoutheastern Koad March. 1875. for «4,0U0,000 inbonds secured on the Sp. & I. S. road, and with privil-

ege of funding coupons to Nov., 1377: of the samemortgage bonds $1,000,000 were reserved, the pro-ceeds to bo used for improvements. Since electionof directors Oct. 14, '7,i. the Bait. & O. interests aremore largely represented in the board. (V. 20, p.215. 807, 290, 491, 477, 491; V. 41, p. 469, 332, 374, 396;V. 24, p. 111.)

Oil Creek <ft Allegheny fffner.—Sold in foroclosnrecoiisol. mortgage, Dec. 29. 1875. for JlOJ.flOI. Neworganization made Jan.. 1876. as Pitts. Titusv. <tBuff. RK. (V. 21, p. 40, 302; V. 34, p. 16, 1:35, 279,•399)

Old Po'ony.—There are $34,000 5 per cent bondsdue 18Jt. ToXaX earnin?s in 1874-5. $4,486,473; ex-penses, $1,413,1:15: net, $7.«.73J. (V. 31, p. 533.)

Omalia it Nori/iieest.-Vianied Interest 1874. Somebonds and coup's exchanged for lands. (V. 24, p. 79.)

Oregon ct California.—BobUs nearly all placed inGermsnv. After default in 1873. proposition-offeredby Ben. Ilolladav, President. (See V. 19, p. 480; Y.2i. p. 375.)

Oswgo eft /?ome—Operated by the Rome. Water-town * Ogdenslnirg at 8 per rent on $30J,0OQ stockand interest on first mortgage bonds.

Oswego •( 5yriw«.—Leased to Del. Lack. & West,for interest on bonds and 9 per cent on stock.

April 29, 1876.] RAILROAD STOCKS AND BONDS. XXT

futMcriber* 'will eonftr a rreat Ikvor hy glvtag Immediate notice ol any error dlecorered In tlirs* Tab ea.

DKSCRIPTION.

For explanation of column Iieadlntpi, Ac, see notCRat the head of tirxt pafnt of tables.

Owemboro d Uitiuuilhille—IM mortKaReI'ofiflf of Missouri —StockiRt liiortKii^CC, (fold

2d niort^riiKu (finkiiiK fund ^.'iO.OOO por annum)Real CHtate <(l*'poU lnnidnDcht toft, lyouin Cimiity (no bonds)Incoiiic blinds, (Kuarantocd Atlantic <St PaclUo)iM mort^rit^.'*'

Oaioiidcli'i Hraucb, let inortfcaKCIiex. ii St. I^uiH branch, iHt niort., gold, guar

do do 'Jd mortgageIjeavonworth, At<!h. & N. W., l»t mort., guar

Piiditeah <t Memphis—\»t mortgage, goldronanwi—Stocli(Sencral mortgage, Htcrling

Piivifi ti DanriUe.—Ist mortgageParis >f Dceatiir, (111b.)— iBt mort., g'd, sink, f'dI'alfrson rf .VfwarA*— l«t mort., guar, by EricPekin, Lincoln ifi Decatur—Ist mortgagePeiiituulur (Mich.)— Ist mort., gold, sink, fundPenntyfeanla—HUKkIst iiiortgngoGeneral mort.. Ph. to Plfts., coup, and reg8tat« 1 icn (pay'ble In annual inst'lm'ts of $4d(>,000)(Jonsol. mortgage, coup. A reg. (b. f. 1 p. c. yearly)

Penn^j/lvania <^o.—Common stocki*rcf<'rr(d stocklet mortg.ai.'e. gold, (held Ity Pennsylvania RR.) .

.

PenHsylvanin rf- Delaware— Ifit mortgageIM moitgapc

Penniii/lvania <f \rw I'orfc—let mort., goarsnIst mortgage, guaranteed

Peoria <f liurrati V(///«y—StockPtoria, Pekin it Jaclcgoiteille—lHt, mortgageM moitgagePeorimtKofk /.—1st mort. (after l^l.'JO.OOO lOs)Pcrkiomen— Ist mortgage

Consol. mort.. gold, guar. P. &, R., (sink, fund)P«ter«6«r^—etock

1st mort. bonds (payable $25,000 yearly)2d moitgage

PhUadelphia <t Bait. CeiitiYii—Ist mort. (Pa)2d mortgjige ( Pa.)let mortgage (Md.)

Philaittlph i<i it a-ie—Stock, commonPreferred elxick1st mortgage. Sunbury & Erie1st mortgage2d mortgage2d mort., gold (for $20,000,000), guar by P. R. . .

.

Phil{uifl/>/iia tt fleodi/i^—Stoek, commonPreferred etock.Mortgage loans InconvertibleLoan mortgage, convertibledo do sterlingdo do do

Raet Pennsylvania Ist mort., sinking timdIx>an mortgage, sterlingLoan debentureLoan mortgageConsolidated mort., dollar loan, coupon or reg

do do (fold, dollar or sterlingdo do dollar loan, gol(l,coup. or reg

Debenture loan (convertible 1870-92)Improvem't mort. (dollar or sterling) sink'g fundOen. mort., $ and £ (sink, fund 1 p. c. yeiirly)...<;oal & Iron Co.. guar. mort. (for $30,000,000) . .

Philadelphia <t Trcnlon—Htoe)iPhilad-fl'phia, (icniianloim rf; .Vrt/vwtowa—StockPhiladelphia, WUtninglon tt Baltimore—Stock

1 St mortga ge, convertiblePlain bonds, loan

do dodo do

Fittt., C. <t SI. t.—1st <n., eons, (for $10,000,000) ....

2d mort^:agel8t moitgage, Steubenvllle <fe Ind„ reorganized.

.

Col. & Newark Division bonds

Milesof

Road.

364H5283283

20015>20.'i'4

5r>H21

11.^474734 la

7512•(7

Kid8(19355

4144

1051054fi

8383DO'S18

"828282363610

287

40287287287

715750' 262010098

20020011733

Dateuf

Bonds

1872

186818711872

1872187518731871

1870

1867

18721808187169.'70

1870

1873

18731973187318661866

1864

187018671873

185918691866

1857186118681869

1843-9185718361836

1836186818681871187118711873187318741872

ISiJS18671872-41875186818731H641864

«'f^;"'! AnimmtValue. Outstanding

$50Oibc,100

l.OOO1 .000

500 *c.

100 Ac.1,000],(M)01,000

i',6()o

'i(K)£200

'.500

500 .tc.

1,000

"ho1,0001,000

1,000.50

,50

1,000

1,0001,000100

500 &c.

i',6oo100

1,000100

100 &c100 Ac,100 &c,

30.50

1,0001,0001,0001,000

5050

1,000

1,000

1,0(X)1,0<K)1,000100•50.50

50011,0001,0001,0001,0<K)],(K)01,0001,000

$1,500,0007,000,0007,(MK),0002,700,0008(X),000700,000

],.500,0002,500,000.500,000900,000200,000500,000

1,541,0007,000,0002,794,0001,190,0001,200,000.500,000

1,076,0003,800,000

68,870,2004,970,000

19,999,7605,007,360

29,2.50,0003.000,000«,0<K),0007,096,0001,083,000519,000

1,.500,0001..500,0001,200,0001,000,0001,000,0001,.500,000621,000

1,200,0001,324,200.500,000300,000800,000400,000300,000

0,048,7002,400,0001,000,0005,000,0003,000,0008,680,000

32,725,7751,551,800l,510..5OO

79,.500182,400967,200495,900134,400

1,1.S8,9002,700,000

10,688,0007,000,000968,000

1 0.-500,0009.588,000

19,900,00013,413,5001,2.59,1002,231.900

11,536,250290.000

1,000,000700,0008:«),000

0,222,0005.000.0003,<KH>,000775,000

rNTKRKST OR DIVIDENDH.Rate per WhenlUmt. Payable

81>2

877

6 g.

37g.

•|«-

77g.,t

('

65U

"3'

I'-777477

I'-« g.38-

877U4'7676 g.21-j

2%6U5g.67

6 g.

6Og.72iu346«O6

7t!

V. & A.Q.-J.

K. A A..1. A .T.

M. A N.mont'lyH. (][ 8.

H.A y.A. A O..1. A I).

A.i'o.

Q.-J.A. A O.

J. i'j.J. A J.F, A A.M. & N.Q.-F.

J. ^ic J.Q.-J.

A. A O.Q.-.M.

N. y.. Imp. A Trad. N.B.N. Y., At. .It Piu!. K. R.N. Y.j U'k Commerce.

do dodo do

8t. I.oul«.N. Y., B*k Commerce.N. Y.. Atlau. & Piu'. RRN. \ ., M'k Conuiierce.

do do

A O.A A.A A.A O.A I).

A I)

Where Payable, und byWbou.

N. Y., B'k of Commence.

New York, Office.Ixiuduu.

New York and Ix>»doncN. Y., Erie Railway Co,N. Y., T. W. A W. KR.

New York.Philadelphia, (jfflcc.

do doPhiladelphia, Office.

do dodo do

Pittsburgh Co.'s Office,Philadelphia.

Philwlclphia, Office.do do

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

<& A. N. Y., Chic, R. I. A Pac.A J. N. Y., Imp. A Trad. B'k.

A AA O.AV.A J.

New York and London,Phlla., 227 8. 4tli st.

do do

A J. N.Y., Lancaster, B.iCodo do

Phlhulclphla, Office.do dudo do

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

^^.J. A J,J. A J.J. <fe J.

J. A J.M.A R.

T. A J.J. A J.A. A O.J. & D.J. & J.J. A D.J, A J.

A. A O.J. A .1.

Variousq,.-3.Q.-M.

.1. A J.

.1. & J.A. <fe O.A. A O.A. A O.V. A A.A. & O.M'uthlvJ. A J.

Philadelphia, Pa. RR.do do

Phlla., I'a. Life A T. Co.do do

Philadelphia A I,«mIonPhlladeli>hla, Office.

do dodo dodo do

London.do

Philadelphia, Office.1,/ondon.

Philadclphhk, Office.do ilo

dn doPhiladelphia A London.I'hiladclphia, Office.

do doPhiliulelpbia or I>mdonliondon A Philadelphia.

do doPhlliHlelphia, Office.

Phlla., Treasurer of <;o.

Philadelphia A Boston.do dodo do

PhiI'delphia, Co.'s Officedo do

Phlla., Pa. RR. Office.do do

N. Y. Agent, 57 B'way.Phila., Pa. RR. Office

Hotutc—riiiH-i-pal, WbcoUM.ahelu—ljmxXMvidaod.

Feb. 1, 18(r.2

July 'JO. l»7iAug.. 18HHJuG, IHWI

May 1, IHK:Feb., 18t»h)pt..\t¥K

May 1, IHKOct. 1. 18U8Dee. 1, IMW

Oct. 1, "iSW*

Jan. 15, imtiOct. lu. IHB7

July 1, isesJan. 1, 1878

Feb., 1900May 188910*90Feb. 2, 187(;Jan.. ISSU

1910Annually.

Jmie 15, 1905

Oct., liWS190a19081908

June 1, M0CJune, 190iiFeb., 1876

July 1, IHM

Feb^ 1900Apr. 1, 1W7June 1, 1913Jan.. 1«72

Jan., 1879-"981902

Jan.. 187t>Jso., lOOUOut., 1991

Oct. 1, W5TMarch 31, imtJuly 1, lUShJuly, 1»!N>

.Ian. -.25, 1876Jan. 25,137(>

laso1S8618801880188H187T18931893

Jime, 191

1

June, 1911June, 1011

Jan. 1, 189ROct. 1, lasrrJuly i, 1906. 1892

April 10, 187«March 8, 187nJon. 3, ]87tiJuly. 1884April, 1887

Oct. 1, 18»eApril 1, 1900Ang. I, 190(tApril 1, 1913.May, 1884Jan., 189U

Oieenfboro <C Ilm.ielt»l!le,—tiovf E\-ansvl'.le. Ow-cneboro & Nashville. To be sold in foreclosnre.

/V*;ifco/"JfM«H«'i.—Tload was leased July, 1873. toAtlantic & Pacific Railroad and dividcnas guHr-anreed. In Sept. and Oct., 1875, the price of stockfell from 47S to 7'4. the principal causes being.1 decrea^.e of $tiD2.9i«i in earnmgs since .Tanimry 1:

the failure of A. & P. to pay the Ortober dividendadverti.«ed, and the fact that the road was so heavilyloaded with debt to .k. A P. Co. The lease wassurrendered Nov., 1875, and litigation is pending.Interef^t on 8d mortj^age and on Lexington & St.

iMuin in default, Decemtier, IWS. (V. SO, p. 288.

4«, 1593; V. 21, p. 40, 37i, MWi. 41S, 418, 46fi, 4=9, S3J,

571, Mtt; V. i2, p. 10, 182, 3M.)

PaUucih & J/(,'mMi^.—Foreclosarc proceedingscommenced, but coniprnraisc afterward reported.(V.ai, p. lU; V. 2J. p. 233.)

Prtfto/Ha.—A steamship line lately started. (V. 30,

p. 356; V. 21, p. 207, 211, 48!); V. Si, p, 88, 233, S47,

305, 353, .3fiS.)

Parif d; Z)anel^.—Foreclosnre in progress. (V.81, p. 188, 2!)?.)

Paris c6 Z>a;i<K('.—Consolidation. Now Illinois

Hldland. (V. Vi, p. 3J1; V. 21, p. tilJ.)

PaUrson <6 Avwor*.—Ijitely operated by Erie.Stock is ti,V),COO.

Pekin, limHri <t Z)«:a('(r.—L»a«ed to Toledo.Wabash A Western. To he sold in foreclosureApril 21, 1876. (V. 2i. p, 217.1

/%niB«i?«r.—There is also a second mort-tragc for

*Mfl,000. ncfttultcd May 1.1872. Coupons unfunded.Consol. with I't. Huron A L. M. .luly, 1873. W. L.Bancroft. Receiver. (V. 17, p. l.W, bX, 7113.)

i*»n»l/tei7S»a —The report for 1875 is given in V.S2, p. itSii. In May, 1875, Ihe dividend was changedto the rate of 8 per cent per annnin. The directfunded debt of the eoniMny is t.')i),()OI,(XI0 ; in 1874ttte Uut>iliiy.is a gnaruntor of principal and interest

was on }33,SS3,&0O bonds; annual liability addi-tional on guarantees of interest or rentals, f13,8Si,31S.

On all operations cast of Pittsburg, in 187.'>, the reportshows a net surplus of $1,031. !I29 over all payments,including dnidcnds. The following is a comparisonfor fdur years on main line and branches in Penn-sylvania : QroEs Net Total Stock

i

Earnings. Eaniings. and Debt,j

1875 $20,4S.3,2nl tS14r,388 $]38,09(;,5«0|

1«4 22,642,371 9,3Wl.ii2l 113,010.000;1873 24.886,n0« 9,445,704 ia-),784,0?5

1872 82.nl2,S35 8,247,8.52 82.n8!).l>87

—The Pennsylvania Cnmpany is a corjioration dis-

tinct from the Penns.vlvania Railroad, formed to

operate all the leased "lines west of Pittsburg. Thestock is owned by the Penn. Ull. In Is74 the opera-tionsshowed netprotltof |;H14,8)8, inelndingrecciptsfrom the Company's investments. A very compleleexhibit of the operations and dnaneinl condition ofall its leased roads was published in V. 20, n. 425,Ac. (V. 18, p. 19J, 285.350, 60(, 5,s4, t'80; V. 19, p.

377, 47<, 504; V. 80. p. IB. 8ti. 267, 314, 4»; V. 21, p.

1.30, 361, 458, 592; V. 2?. j). 253.)Penrunjlratiia tt Delaimre.—The lease of this road

to the Pennsylvania Railroad was ratified In 1874.

Previously operated under temporary lease.

Pemm/lmnlt <b !few yiwX;.-Operated in close

connection with the Lehigh Valley. Net earnings1873. t44S,361. Dividend of V,^ percent paid on pre-

ferred stock, t2,000,000; common stock 18*1,061,700.

Peor'm tt Bnreiii r.rfi<» -Leased perpetually to

Chicago. Rock Island & Pacifle at $12.5,000 per year.

Peoria, Pekm <ft .7o<;tsonri h.—ln year endingJune 30, 1874, net earnings, $60,26!.

Peoria A Rock Island.—in hands of receiver. De-j

faulted in 1874. There are old 10 per cent bonds of$150,000. (V. -iO. p. 14H, 616; V. 31, p. 159. 319, 583; I

V. 22. p. 56, 344.)

iVHionnn.—I*ascd to Pliiladelphia * Reading,f

Pe/e/'sJari?.— Ornss earnings 1874, $340,145: net.

$103,373 (Vol. 19. p. 351; V. », p. 392: V. 31, p.

84. 373; V. 22, p. 135.)

P/tUaddpMa A Baltimore Cifn'ra'.—Operated for

some time past. In Pennsylvania by trostoes of ftm. Wll. & Bali. !»flie«»y

interested.mortgage bondholders. Phil.,

Philadelphia <f .KiV.—Leased Fehmary, ISOi. !*•999 years to Pcnu. Railroad, but without sbt i|wantee of bonds. Gross earnings. 1875, $3.ai!^AlC"::

net earnings. $I,137.4i3. The Penn. Rtdlmad »*creditor $'23l.244. (V. 20, p. 8, 243; V. a:,p.au«-,Ph iladelph hi A Peading.—The net earnings •tfjaain

and branch lines in 1874-5, wire $4,5;j0.7S8i agsiast$5,720,205 in 1873- 1, and $.5,.i.'>7,766 in 18;S .••. JlacMBffrom other sonrees, $2.3I1,'89, against $<,S51Ji70 in1373-1. The trustees of the general mortgage fioldthe mortgage of the Cual it Iron Co. .\ compariboaof statistics for three vears is as follows:

1872-.3. 1878-4. lS74-aGross earnings.. . $14,832,661 $14,452,141 $I3.«B(V>I3TOp. expenses 9,474,895 8.731,916 g,l.»,Ii!»

Net earnings $.';..3.57.76« $.5,720,aPS ^Jsao,7«t$Inc. otiiersonrces. l.OH.'i.llfi 1,:«1.«70 <,31I,8B!>

Funded debt 44,181,716 .58.155,138 57.1»«,in—(A'. 19. p. 17, 32. 51, .352, 480; V. 20, p. SW; V.SI,p. 45'<; V. 22. p. 100.)Philadelphia A 7r«i/o».— l.eascd to Peocsy:T>aia

Railroad with Cnlted New Jersey companiesM 1»per cent on stock.

Phl'.nde'phia, Oemuintmni <f .Vorrw/om.—Lessedfor 999 J ears to Philadelphia * Reading at IS percent, on stock.

Plitladephln. mimlnotonif Bal/imore.-'Setetam-ings, year cndiag Oct. :il, 1875. $1.24O..')03, leaving asmall' surnhis of income above payment of 8 pel-

cent divideuOs. Last annual report in V. !& |>.

156.Pittsburg, Cincinnati <t St. f'lit.—This comp«Bjr

leases sevipral roads and Is iiwlf controlled by tius

Pennsylvania Co., which holds a majority of tk«>capital stock. Coiiiinon stock. $2,508,700; Ist

$2,928,6 X); 2d pref.. $3,0Cfl,i/X>. Net sac

1875, $743,^40. Annual report V. »1, p. IS. SI

20, p. -XU 'VSS, 4»6, 491.

XXVl RAILROAD STOCKS AND BONDS. [Ap il 29, 1876.

Sabscrlbors iirlll confer a sreat favor bjr slvliiz Immediate notice ot any error discovered In these Tables.

JCoad8—I'liiM-pal, when Due.Stocks—I^aatDividend.

DESCRIPTION.

For explanation of column lieadlngs, &q., sec notesat the hood ot llrat page of talileM.

Pillxbttrg, yi. Wayne rf Chicago—Stoek, gimr8i>ceinl improvement xtoek, guaranteedl»t mortgiigu (Borics A)iHtl8tl8tiBtl8t2d2d2d2<l2d2d3d

dodododododododoilo

doilo

do

dodododododododododudo

sa

o-g

-a.

a §oo a*'

,MPittslmrjr, Ft. Wayuc & Chic, construction hondg.Eqiii)>weut lM)nils (renewed)

PiiUtb.f Vii. rf Ofiarlegton—l»t mortj^age, goldPiWib. dc VonneUstiUf.—Iftt mortgage

ist do Turtle Creek divisionConsol. liKntgage, (guar. B. & O.)

riymouih.Kank. A i'ac— Ist m. ($3,600,000)Fori Huron d I,. Mieh.—\fX mort., traf. guarPorttanil it Ogrinmb.—lst mort., E. D., goldNew mortgage (for $3,300,000)l8t mortgage, Vermont Div., gold

Fortl. <£• /;orA«»/er—1st mort., s. I. (Portl. loan)1st mortgage, ennal lien2d do (Portlaud loan) sinking fund

Portlatitf, Saco d- Povtsmmtth—StockJ'orl Royal {S. C)—1st mortgage, convertible, gold.Portsmouth, Ot. Falls tt- Coiurau—StockBonds (not inorf.) guaranteed by Eastern KR

Prorideure d; Worcester—StockMortgagdbon<is..

Seadiny d Columbia—Ist mortgage, coupon2d mortga-ge, coupon. . ,.

".'

Peadiny dfjeJtiyh—1st mortgageRensselaer d Saratoya—Stock

1st mortgage, con.iolldated (for $2,000,000)Rlchmond'd JJanville—Stocks.State sinking fund loan ;

Bonds, guaranteed by StateOonsolidal*<l mortgage, coupon or registeredNew geneifftl mort., gold (for $0,000,000)Piedmont liranch, Ist mortgageNorthwestern, N. C, 1st mort., guar

Rieh'd, treitti-icksburg d Polonmc—Bonds, sterDollar loah ...

Couimn Brtwdsot I'SSlRichmond ^''Petersburg—Ist mortgage coupon ..

,

New mortijage^. . . ..'

Rockford,Jitidk I, dr St. Louis—latmort., goldRome, WaterUnen d Ogdensbnrg—Stock

1 St sinking fund mort. , Wat. & E(ieneral mortgage, sinking fund. -.

2<1 mortgage'. .,,

Consol. mort., convert, till July, '79, coup ,

fiHWojirf—Stoek, commonPreferred stoekEquipment mortgage bonds

do !' . do

New g.'uctSl mortg.age81. Joseph <6! Denver 6'i(i/— 1st m. gold, E. dlv

1st mortghge, Western division, land grant,

£t. Louis, Alton d Terre Haute—^toc^Preferred stock (7 per cent yearly, cumulative)

.

1 St mortgage .(.series A) sinking fund ) g t-.:

1st mortgage (.series B) sinking fuud I s 2'^2d mortgage, preferred (series (,') I .7? »2d mortgitge, preferred (series D)

( Aex^2d mortgage, income.Equipment mortgage Jy £S

St. Louis, Iron Mountain d Souiherii—Stock1 St mortgage, coupon2d mortgage, gold, coupon, may be registeredCons. M. gold (s. f. after 1880), coup., maybe reg.ArkansasBrauch, Ist mortgage, gold, land grantt'airo, Ark. & Texas, 1st mort., gold, coup, or reg.CSiiro A Fulton. 1st mort.. gold, on road and land.

Milesof

Boad.

46S4G8408468468468468468468468408468468408468

14910

149167136662

11652»3531s52I352

111%71716744.50

50

isi18114210

1434929

23

28121897190190360120

120120120112170266

68621021068610072300

Dateof

Bonds^Par^l AmountValue,

i

Outstanding

1871I8(!i:

18C.-J186-.;

18(12I8i;-J

I8(i'.;

ISOJ18(i'J

18(!'J

180218031802186218571874

186818591876187118691870187118711867-918701871

1869

1872

187018621804

1871

1874

1873

187018751868

ia.5.i

186118721874

18701870187218691870

186418641864186418641870

186718721874187018721870

$100100

.")00 iVc,

."il)(l \-r.

.|(MI ,Vi-.

.")(«) .tc.

.>(1() >>iC.

.">()() cVc.

.">()(> .Vc'.

.">()() ic.

."lOO \-c.

5tH) etc.

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

100 &c.£3001,0001,000

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

1001,000100

500 &c.100

1,000100 Ac.l,00t)

ioo1,000100

1,000

1,000100

100 &e.500 &c.1,0001,000100100

100 &c.100 &c.100 Ac.500 &c.100 Ac.

100100

1,000500 Ac.1,0001 .000

500 Ac.1,000100

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

$19,714,2854,100,()0087ri.000S7.-|,()00

87r),(X)087.=i,000

87.j,00087.1,000H(>0,0008(10,000860,000860,000860,000860,000

2,000,000100,000

1,000,0001,000,0004,000,000400,000

6,500,00020,000 p. m1,800,000800,000

1,124,0002,300,000700,000350,000450,000

1,500,0002,500,000770,000486,000

2,000,000500,000650,0003,50,000

1,500,0007,000,0001,925,0004,000,000508,486157,800

1,768,5001,092,000500,000500,00067,778

299,917295,500175,00050,000

9,000,0003,147,600799,900

1,200,5001,000,0003,000,0002,479,7004,168,700500,000500,000

1,192,0001,.500,0005,.500,0002,300,0002,468,4001,100,0001,100,0001,400,0001,400,0001,700,000300,000

19,479,6534,000,0000,000,0001,617,0002,.500,0001 ,500,0008.000.000

INTEUE8T OK DIVIDENDS.

Rate perCent.

WhenPayable

li<t

1%777777777777778

?«•

66g.7g.7g.6 g.6 g.

^'•

763

I'-64677

"4'

7

"o'66

i«-6-706 g.

6A 788rI'-7777

"3138

7s88 g.

8.g.

"3'

77777

10377g.7 g.

7g.7g.7 g.

J. A J.F. & A.M. & S.A. & O.M. A N.J. A D.J. A J.P. A A.M. A S.

A. A O.M. A N.J. A D.A. A O.J. A J.M. A S.

J. A J.F. A A.J. A J.J. A J.M. A N.J. A J.M. A N.M. A N.J. A J.A. A OVarious.1. A JM. A NJ. A JJ. A D.J. A JJ. A JM. A 8.

J. A D.

J. a"J.M. A N,

J. a"J,

J. A JM. A N.

Where Payable, and byWhom.

N. Y., Wiuslow.L.AOo.dodododododododododododododo

dodododododododododododododo

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

Bait., Bait. A Ohio RRPittsb., First Nat. BankLondon, J.S.MorganACo

New York.New York.

Boston, First Nat. Bankdo do

New York and BostonBoston, Columbian B'k.

do dodo do

Boston, Offlcc.New York and London.Best., Eastern KR. Co.

do doProvidence, Office.

do doN. Y., Union Nat. Bank.Columbia, First Nat.B'k

N. Y., Nat. B'k Com'rcc.N.Y., Del.A H.Caual Co.

Richmond, Office.do

N.Y., City Nat. Bank.do do

A. A O. New York or Richmond.1. A J. Ix>udon.Various Richmond, Offlcc.

doA. A O. Richmoud, Office.

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

J. A D.J. A JA. A O.

P. A AM. A N.M. A 8.M. A N.F. A A.P. A A.

J. A J.A. A O,F. A A.M. A N.M. A N.M. A S.

F. AA.M. A N.A. A O..1. A D,.1. A D.J. A J.

New York and Ivondou,N. Y.,Farm. L. AT. Co

do dodo dodo dodo do

Boston, Treasurer,do dodo dodo do

N. Y., London A Frankdo do

N. Y., Office 12 Wall stdo dodo dodo dodo dodo do

New York oflfict^.

N.Y.,OflUe 20 Nassau StNew York or London.

do doNew York, Co.'s Office,

do dodo do

April 4,April 1,July 1,July 1,July 1,

July 1,

July 1,July 1,

July 1,July 1,July 1,July 1,July 1,July 1,

July 1,

Jan. 1,Mch. 1,

18701876191219121912191219121912191210121912191219131912191218871884

July, 1898Aug. 1, 1882

July iV 1901May 1, 1899Jan., 1900Nov., 1901May, 1891

July 1, 1887Oct. 1, 1887Sept. 1, 1891Jan. 1, 1876Nov. 1, 1889July 15, 1873Dec. 1, 1892Jan. 1, 1876July 1, 1880Mch. 1, 1882June, 1884

Jan. I,'l876Nov., 1921

1886Jan, 1, 18751875 to '90

1888

187518751881

1880 to '86

Aug:,1018July 15, 1875Sept. 1, 1880Dec. 1, 1891Jan. 1, 1893July 1, 1904;

Feb. 2,1875May 1, 1880Sept. 1, 1880Nov. 1, 1902Aug., 1899

May 15, 1900

July 6,' 1874189418941894189418941880

Feb. 15, 1873Aug. 1, 1893M,iy 1, 1897April 1, 1914June 1, 1897June 1, 1897Jan. 1, 1891

Pittsburg, Fort Wayne d CAicajo.—This companyhaving previously earned a surplus above 10 per centdividends, was leaseil July 186 1. for fi99 years, toPeuiisylvaiiia Railroad, at a rental equivalent to in-terest, eiukiug fund of debt, and 7 per cent on $!!•.-

V14,2Sti stock, whi'-li was increased at that time from$1 l..WO.(X)0. The lease was transferred subsequentlyto the Pennsylvania Company. The lessees to keepthe road in repair, and also pay taxes, expenses,etc. Pittsburtf, J:ort Wayne & Chicago leases theNewcastle & Beaver Valley and the Lawrence roads;which in turn- are leased again by Pennsylvania Com-panv. New stock of $4,lf)Juup, issued to Penn.Railroad for improvements, Ac, is under article IBof lease; giiatanty on old stock not affected. Netearnings. )S75, $3.S7S,398. (V. 20, p. 425.)

PUffbiirg fnrglnia ,t- Vfi.arlefton.—Ot these bondsthe Pennsylvania Railroad owns $500,000.

FUlsburg Washington Jk Baltimore.—This was for-merly Pittsburg & Ooniiellsville. Interest was indefault to city of Baltimore, which owned a largeamount of the bonds, and a transfer was made May,1815, to Baltimore & (Jhio RU. for $l,OiiO,l)00. (V.18, p. 528; V. 19, p. IV; V. 20, p. 291, 546; V. 21, p.161.)Plymmth, Kankakee <t PaciUc.—ln foreclosure.

V. 19, p. 120; V. 20, p. 314, 491; Y. 21, p. 372.)

Port Huwn tt Lake J/ic/iiyan—This forms part ofthe Chicago & Lake Huron consolidation, with Pen-insular of .Mlcliigan. Interest was in default Nov.,1873, and coupons funded for three yi'ixrs. (V. 18, p.192, 253, 37(1, 455, 608; V. 20, p. 357; V. 22, p. 875.)

Portland rt Oadensburg.—The tw" (I ''l"ions wereconsolidated March 1875 as one company, and amortgage of $8,000,000 on whole line proposed. InMarch. 18TB, Co. passed the interest on Portland<:ity bond?. (V. 21. p. 130, 396, 613; V. 22, p. 182; V.22, p. 304.)PorUand tft Kochester-TMs is the old York & Cum-

berland sold out in 1865. Net carulnaa year endinaAugust 3), 1875, $3.3,659.

PorUand, Saco & Portsmouth—l,e&sed March 18,1871, to Eastern Mass. Railroad for M years at luper cent per annum; modilled Dec, ISfS. to 6 percent for two years. (V . 21, p. 372, 434, 592.)

Port Iloyal.—T\\e Georgia Railroad guarantees$500,000 of these bonds; balance in default. (V. 20,p. 291, 4.53; V. 31, p. 73.)

Portsmmlh, Great Fatts <6 Co«7»(jy.—Opened in1872, and is leased by Eastern Railroad, Mlassachu-setts.

Providence c6 Worcester,—"Sel earnings year end-ing September 30, 187.5, $230,278; floating debt,$l,370,i).0. (V. 21, p. 690* s •.,

Reading Jk Columbia.—Th\& road is operated andcontrolled by the Philadelphia A Reading Railroad.Floating debt, $.,093,45)4.

Reading <fc i^Ai^A.—This was the Berks Coimtyroad; sold out, and leised to Philadelphia A Read-ing, March, 1815, for 99 years. (V. 2 J, p. 63, 267.)

Remstlaer <fe 5ara(:/(7a.—Leased May 1, 1871, toDelaware & lludsou Canal Company, which pays in-terest on bonds and 8 percent on stock. In 1872-3the net surplus to lessee was $201,597. (V. 20, p. 244.)

Riclimond it DanviUe.—GToaa earnings 1874-5,$923,U5; ; net, ;$323,447. This company leases theNorth L'aroliua Railroad and the Piedmont Itililroad,

and forms a through route with the Atlanta & Rich-mond Air-Line, 'fhe Penn. Railroad owned $600,000stock of the Richmond A Danville, and took $1,000,-000 of the new bonds at 80. (V. 20, p. 8, 291, 568

;

V. «1, p. 614; V. 22, p. 180.)

Richmond, Fredericksburg <t Potomac. — Grossearnings, $382,298; expenses, $180,049; net earnings,$2U2,24J. (V. 21, p. 6ia.)Richmond «£ Peternlnirg.—(Sross earnings year

Miding Sept. 30, 1875, $161,9:«; net, $78,251. Bondsdue and not presented, $99,500; bonds paid off.

$50,500. CV. 22, p. 15.)

Rockford, Rock Island <£ St, Louis.—Sold in fore-closure August 16, 1873. for $1,3211,000. $5,000,000 ofthe bonds have a priority. Distribution after sale, V.22. p. 135. (V. 21, p. 87, 110, 160, 186, 2(17, 231, »15,319, 39(i, 458, 489; V. 32, p. 135, 182, 3i0, 375.)

Rome, Waterlmvn & Ogiensburg —The last report,in V. 20, p. 31 1, shows gross earninffs in 1874 of1,132.868; expenses, $770,2.56; net earnings, $.362,611.Against the bonded debt the companv holds $617,183in sinking funds. The Lake Ontario Shore Roadhas been consolidated with the Rome, Watertown teOgdensburg, and is in progress to Niagara. (V. 19,

p. 169; V. a), p. 8, 163, 31 1 ; V. 31, p. 442).

J?'/Wan<f.—Leased January, 1871, to the VermontCentral. Terms ^loditlcd in July, 1874. Defaultmade on rental, and leisea^oin modified. (V. 19, p. ,

120; V. 20, p. 186; V. 21, p.'185, 190; V. 22, p. 209.)

St. .Joseph <fc Denver CS<y.—The road was sold Inforeclosure Nov. 4 and 5, 1S75. (V. 21, p. 40, 418;442, 505; V. 22, p. 234, 297.)

St. Louis, Alton <f 7'«rr« HaiUe.—Tbe main Uae

Terre Haute to E. St. Louis—w.;s leased June, 1967,for 90 years, to Indianapolis & St. Louis at 30 percent of gross earnings up to $i;,0U0,0(X) (but in noyear to oc less than $t5(*,000). In 1875 gross eara-ings were *l,0I9,a3r. against $1,254,136 in 1874. It»

1872 the company paid three years' divid&nds onpreferred stock in the same, increasing said fctock by$4«!,40e. The Belleville Branch aiid Exleneiouearned net in 1375. $103,691. (V. 20, p. 380,546,571; V. 21, p. 61; V. 28, p. 351.)

St. Louis, Iivn Mountain <fi Southern,—Qrossearniuffs, 1875, $3,802,941; net, $I,61:l,92.1. Con-solidation was made in 1874 with Cairo A Fultonand Cairo, Arkansas A Texas. In March, 1875, thecompany issued a proposal to fund three connooiion all bonds except the old firsts, which has beensubstanfiaUy carried out. (V. 20, p. 844, 616; V. 21,p. 614; V. 22, p. 309, 33 f.)

April 29, 1876.] RAILROAD STOCKS AND BONDS. xxv»

Sobacrlbers will confer a xreat favor bjr glvlnz immcdlata notl«« of any error dieeoTered ! thee* Table*.

de8(;ription.

For ezplanatiou of colunin bendtnm, Ac, Bee notesat the boad of lirHt page of tablca.

81. L., Kansas Clly <f .V.—Stock (ij;12,000,000 pref.)

iHt inortKiiK"' (Noifli MlKHOiiri)Kcal fctiitiMiiHl railway iiiort. (for $3,000,000) .

.

St. iMuix, Lairirnce t(: /rture;— iHt niort., RoldHI. Louis <t Soulhfuilcrn—lut m., nolil, roiiv. s. fiiud('onKolldittcd iiiort>;ii^e, gultl, Htiiklnx fuudEvaiiHVlllr. Hi'iidiTHon <& Na8livtllc, l8tiiu>rt

81. iMUis, Vanrlttlia it Terre llaule—lKt in. s. f. ifHtir.

2d mort., Kink, f., Kiiar. ($1,000,000 cou. uotKuar)Income bondn—

gt. Paul <f /ari'/Zf—Uranch, l«t mort., on 10 nilloa

iRt inortKat,"'. Hf. Paul to Sank KapidH, 80 miles.

.

2d mort. on HOni. and l»t on 1. )!;r. of 307,200 acrs.l8t mort., WpHt or main line, land (trant2d mort., WcHt or main line, land grant1st mort, St. Paul & Pat'itl<' land grant

SI. Paul c£- Sioux t'i(i/—Pref. stock, various Issues..Stock

Saeramoilo Valleu, (Cat)—\fit moi-tKagoSandusky, Mansfield tt A'eira/7c—Stock

Ist mort.. npw"Saraiinali <e Charleston—C & S., guar, by 8. CFimdod int. bonds, 8. & C. KP.., guar, by 8. Car. ..

1st mort. Savannah & Cliarleston RRSavannah it Memphis—l»t laort., end. by BtateSchui/llcill FaHcy—StockSeaboard (£• Roanoke—Stock

1st TaovtteageSelma <t Oulf—lut mort., guaranteed by Alabama..Selma, Marion ce Jf«)M^Ai«—1st mort., end. by Ala..Selma, Jimne <* Da//o)i—1st mortgOKe2d mort., Alabama & Tennessee RK(jeneral mortgage for $.'i,O0O.0(X)

Shamokin ValUy <£• PotlscilleSXockIst mortgage, gold, on road and lands

Sheboygan it Fond du Lac—let mortgageIst mortgage extension

Shenanffo tt A lleghanu—let mortcfageShore Line ( C'oim.)—Stock

Ist mortgage, eonstrnctlon bondsSioux City it I'aciyic— Ist mortgage2d mortgage (government subsidy)

Siottx City it SI. }'aut—l»t mortgage, gold, I'd grant.1st mortgage, currency for $2,l(k),(X)0

*om^r»e«— 1st mortgage, goldSouth Carolina—StockIst mortgage, sterling loan

do dollar liouds, (L)2d mortgage (for $3,000,000)Domeetie bonds (I)

Domestit^ bonds (K)So. it So. Alabama—1st mort., endorsed by AlabamaSterling mortgage, guaranteed by L. & N

Southern of Ijong Island—Int mortgage (S. Side) ...

2d mortgage S. Side (1st mortg. s. fund)Mortgage bonds Souttieni of L.I

Southern Central (X. r.)—1st mortgage2d mort. gold (:^00,000 end. by Lehigh V. RR.).

Southern, Iowa d- Cellar Rapids— 1 st mort. , gold . .

.

Southern Minnesota-ltit mortgage2d mortgajfe

SQuthernPacific (Cal.)—Ist mortgage, goUlSouthern Pennsylvania—1st mortgage, goldSouthwestern (Oa.)—Stock, guarant'd? per annumCompany bonds, convertible into stock at parMuscogee RR, bonds, convertible at 87 "a

Springfield, Athol it X. E.—1st mortgageSpringfield, Decatur it Illinois.— Ist & 2d mortgageSterling Mountain (.V. 1'.)—1st mortgageStockton it Copperopolis—lut mort. (giiar. by C. P.)Syracuse, liinghamton <t N. y.—StockIst mortgage2d mortgage

Syracuse Sorthern.—Ist mortgageSummit Branch (/'a.)—StockSunbury it Lewislon—1st mortgage, goldTerre Haute tt Indianapolis—Stock

1 St mortgageBonds ot 1873 (for $1,(>00,000)

Milesof

Road.

582354354

2l'(')

42098

1.58

158

io8080

25020737012112140116110101

idi402380

'46

.jO

100100

"28

284540325050105

i22124

242242242

183183575769

1161168717017038624

257

48^"7308181814520

"so

73

1802186418681871

1856

18691853186818691870

18701869

Size, orPar

Value.

$1(K)1,0001,000

i,6()o500 *c1,0(KI],0<K»1,0<K)1,000

100

1,60050

1,000500

100 Ac.500

1,000r>o

100

1,0001,000

AmonntOutntandlug

501871 500 Ac.1864 1,00018711869 500 Ac.

1001865 100 &c.1868 500 &e.

500 &c.1871 1,0001871 1,0001871

1001868 Various1868 50018721866 5001868 1001870 1,00018731867 500 Ac.1870 500 Ac.1874 .500 Ac.1869 1.0001872 100 Ac.1870|8681868

1,0001,000

1870 500 Ac.

"ioo

1871 100 Ac,

1865 1,600

1875 ioo18.56 1,0001867 1.0001871 1,000

50

"bo1869 1,0001873

$24,000,0006,000,0001,2.50,0001 ,020,0003,2.W,0OO

21,000 p.m.1,000,0001 ,899,0002,600,0001,000,000120,000700,000

1,200,0003,000,0006,000,000

15,000,0001,576,000400,000400,000

1,037,5532,306,500505,000111,800500,000

16,000 p.m.576,050

1,278,400210,000

10,000 p.m.16,000 p.m.

838,500241,000

3,000,000860,450

1,994,000750,000694,(X)0705,000

1,000.000200,000

1,629,0001,628,020500,000

1,240,000450,000

5,819,2751,483,7779.59,500917,000

1,096,150064,000

391,0005,355,000750,000

1,500,000500,000

1,500,000600,000

1,.500,0003,340,0001,252,000

14,346,000025,000

3.892,300399,000300,000410,000

3,650,000350,00050O,(KX)

2,000,4001,400,000270.000.500,000

2,.502,2.tO1.200,0001,988,1.50800,000800,000

INTEREST OR' DIVIDENDS.

Rate perCent.

77«K.7g.?'*•

7778777 g.7g.7g.10810o

76778 g.2I3

47887873

?«•

8747 ,66

V'15g-U7768 g.6g.77777g.7 g.876 g.7 g.31.2

777

"7'

4777 g.3

WhenPayable

J. A. J.M. A B.

m.'an.F. & A.J. A, J.J. A J.M. A N.March 1

M. A 8.

J. A .1.

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

J. A J,

J. A J.

J. a'.t.M. A 8.

M. A S.

.1. A J.M. A N.J. A J.M. A N.J. A J.A. A O.M. A 8.

J. A J.

J. A J.A. A O.F. A A.J. A J.J. A D.A. A O.A. A O.J. A J.M. A S.

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

Q.—F.J. A J.

J. A J.A. A OA. A O.J. A J.J. A J.M. A N.M. A 8,

M. A N.M. A NF. A A,M. A 8.

M. A NA. A O.J. A J.J. A J.M. A 8.

J. A D.VariousVariousJ. A J.

.T. A J.

iJ. A J.I Dec.!a. a O.IJ. & 1).

'j. A .1.

F. A A.

J. & J.A. A O.

Where Payable, and byWhom.

N.Y., Nat Bk of Com'rcedo do

I

N.V.,NBtBk of Com'rceN. Y., U. OiMlyke A Co

do dodo do

N. y., Third Nat. Bank.do do

Office of Trensuivr.N. Y., Manhattan <,'o.

N. v., Drexel, SI. A Co.do do

Ixnidon.do

KoNdi—Prlnef-pal, When Due.aliirks—lMttDIrldrud.

N. Y., E. Kelly A Co.IstN. Bk., Sandusky, O.N. Y., Union Trust Co.Charleston, 1st Nat. Bk.

New York,do

N.Y.. I.jinciu<ter,n.A Co.Philadelphia, Office.

N. Y., Imp. A Trad. Bk.N.Y.,Roddey, Bell A Co.N. Y., H. Clews A Co.

New York Office.do dodo do

PhlIadelpbla,Treasurcr.do do

N. Y. City Nat. Bank.do do

N. Y., N. Bk. of Com'rce.N. H., Nat. N. H. Bank.

do doN. Y., N. Park Bank.

U. 8. Treas.. at maturityN.Y., Metropol. N. B'k.

do do

Charleston, S.W.RR.B'kLondon.New York.

doCharleston.

do.N. Y.. Drexel, M. A Co.Loudon, Baring Bros.

N. Y., Oallatin Nat. B'kdo dodo do

N. Y., Vermllye ACo.do do

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

N.Y^.,C. P. Huntington.

Savannah, Cent. RR. GaMacon.

Boston, EUot Nat. Bank

New York.Amsterdam.

N.Y..D. L.AW.RR.Co.do dodo do

N.Y.,Farnier8'I-.A T.Co.Philadelphia A Boston.

N.Y'.,Farnier8"L.A T.Co.do do

July 1.1805S<riit. 1. 1904

Nov.',' i'sMAug.. 1902July 1, 189rJan. 1, IHtr?May 1, 1898March 1, 19UL

18921892189-.i

1873 to '75

July 'lV'l87VAiMll 1, 187!VJuly, 1902

March 1, 1877Sept. 1. 1890Jan. 1, 1889May 1, 1890Jan., 1876Nov. 1, 187.'»

1880Jan.l,1890

Bept. 1, 188»Jan. 1, 1872-Jan. 1, 18641Apr. 1, 1887Feb., 1870.July, 1901June, 1884Oct., 1896

Ai>r. 1, 1889Jan.. 1876

Sept. 1. 1880Jan. 1. 1898Jan. 1, 180a

Nov., 1901June, 189£May, 187*1882 to '881882 to '88

Oct. 1. 1902April. 18911880 A 1892Jan. 1, 1890

Mar. 1, 1887May 1, 190ONov. 1, 1879Aug. 1, 1899Mar. 1, 1882May 1, 190O1878 to '88

1890Aiiril 1, lOO.^i-

Mar. 1, 190O-Dec. 30, 1875'

18861872 to '76

Julyl.'SSto'OSf

1885

Dec. 15, 1875Oct. 1, 1876.-

June, 1887July 1, 1901Feb. 16, 187«

Jnn 24, 187B:July, 1879

1893

St.Louls, Kansas Cily& NortJiem.—Ha\f the s'ockis pref., 10 per cent yearly, but not cumulative.Gross earnings in 1874, t2,4(K),6.)0; net, $661,027.(V. 19, p. 190, !M8; V. 80, p. 475, 571; V. 21, p. 160.)

•S'^ Louis, Lawrence S Denver.—Leiiacd to Pacificof Mo. A decision of much mterest to bondholdersof Icnseil roads wa.'i rendered by.Indse Dillon in asuit againpt the lessee for interest, hut that salt wasdiscontinued, and another brought in name of Trus-tees. (V. 19, p. 877; V. ai, p. 3?2.1

St. Louis & SOKVieastem.—In default and in handsof receiver. .See report at length in V. 22, p. 1 8 U.(V. 21, p. 187, 418, 442; V. 22. p. 88, 180.)

St. Louis, Vandalia <e Terre Haute.—The com.itock is $2,3r8,'l.')S. pref. Jil.281,7i'0. This road is

leased to Terre Haate & Indianapolis at ,'35 per centof gross earnings. Bonds guaranteed by Terrellaute & Indianapolis, by Columbus. Chicago AIndiana Central, and Pittsburg, Cincinnati & St.Louis. (V 18. p. 631.)

St Paul rf! Pacific.—The bonds are nearly all heldabroad, and an agreement for re-or<ranization wasmade by Dutch bondholders Nov , 1875. (V. 21, p.186,845, 442; V. il'2, p. 88. !5», 209, 281.)

iSt Paul <t S oux t'i(y.—This company has a landfn'ant of 70^.4:i6 acres. The socks are secured byliens, there being no bonds issued. (V. 19, p. 191;V. 80, p. 544, 316.1

Sacramento r«//«j^.—Bonds fell doe July 1. 1875,aadSp.c. notes offered in payment. (V. 21,p. 15.159.)

Sandusky, MamflM <e .Vewart.—This road Is oneof the Baltimore A Ohio system ; it is leased to theCentral Ohio, and the lease guaranteed by Baltimore4 Ohio. (V. 19. p. 581.1

Saoannah <t C/«irfc«(ort.—'nterest in default. Roadin hands of State Comptroller. (V. 20, p. 45.^,491;V.21, p. 16.)

Savannah lir. Memphis.—The road was in prosjess,bat became embarrassed after the crisis of 1873, andpassed Interest. A funding proposition was offered.rv 19. 0. *Ki.)

SchuvlkVl VaUey.-lA'xi^xi to Philadelphia A Read-ing, with 10 per cent dividends.

Seaboard & Roanoke.—Net earnings year endingM»rch 1, 187). »ISl,1.'i2. Report V. 21. p 476.Selmx (fc Gii^f.—The proposed lino was Selma to

Pollard, 100 miles. Interest in default.Selnui, Mariot * Jfem/jAw. -Defaulted 1872. (V.

17, p. 156. B.'iO; V. 19. p. 366.)SeJma, Renne A Dalton.—This was formerly the

Alabama & Tennessee River. Interest in defaultand road to be sold. (V. 19. p. 40.)

Shamokin Valley <f PoW*ti^fe.—leased February,18(J.3. to North. Cent. at7i).c. on boiulsand6onstock.Shehoypan dk fond du Lire—Thin is one of the

Wisconsm roads in progi-ess in 1873 which went todefiuilt. A funding plan has been offeretl.

Shenango <fc AVeghanu.—This is one of the leasedlines of the Atlantic & (ireat Western, on which"rental trust bonds " were issued. The net earn-ings 1873 were $8<),l<51.

Shore i,i;i«.—Leased to New York A New Havenat JlOO.ntX) per year. Old stock was exchanged fornew in .July, 1873.

Sioux City cjfc Pacific.—Th\fi is one of the United^States t^ov»;mment slibsidir.ed roads. For year end-ing .Tune .30, 1874, gross earnings were - 319. H19. andnet earrnngs {.Vl.tiS. Pays 7 p. c. on pref. stock,$169,80.1, semi-annuslly, .<. & O. (V. 20, p. 8.)

Sioux City it St. Paul.—There are also $485,000 2dmort. bonds and Sl60,0i)0 equipment. Net earningsin 1<'74 were t89,.3«5. Lands, ii29,»« acres. (V. 16,

p. 627; V. 19. p. 191: V. 20. p. .544.)SomerMl.—This road is leased to Maine Centjal.Sou*h Carolina.—<iTo^» carnincs in 1875, Jl.'JtS,-

3.12: operatlns expenses, $7.S0.7i7: net earnings.|;-14S,.5ri (a decrease of $66,881 from 1874.) Annualreport, in V. 22, p. 398.Soidh A North A'nbanm.—Th\* road is leaded and

operated by the Louisville A Nashville, whicli guar-antees the"bond8. Preferred stock, tl,5'J0,0O0. (V.18, p. IWJ.)

Southern of Long Islnni.—This, is succssorofSo;ith Side, and operaled witli Flushing N. Shore ACentral under one management. There are also

$60,000 6 p c. mortg. bonds on Rocknway Branch,and $64,'i00 7 p. c. on Southern Hempstead Branch.

Southern Ceff/n/.- -Forms an extension into NeirYork Stale for Lehigh Valley, which company cn-dor-es $400,000 of second mortgage bonds.South Iowa if- Cedar Rapids,—In progress. OtIMi-

wa to Cedar U.ipids. la.

Southern Minnesota.— .k foreclosure was agr«Mlupon by mortgage bondhoidi'rs. Lnnd grant iaaboaft1,790,000 acres. (V. SO, p. 63, 291, 571 ; V. 21, p. •»>Sovt/iern Pnc'Jic (Ca'.)—This road is in prof^ras*;

built by a Construction Co., and controlled kjrCentral Pacitic parties. The stock is $82,412.3)0.In 1874-5, on 161 miles operated, the gross eamrnr»were $1,230,951 gold, ana net earnings. $7.30,411 goKL(V. 21, p. 160. -a!, 61 1 : V. 22, p. 281, 875.)

Southern Pennhjlrania.—This i« a mining and rail-road company, re-organized in 1872 after foreclosure-under second' mortgage. The road is leased by tbe-Cumberland Valley.Southwestern 6'eoryio.—Leased to Central Georgia..

Dividends 8 per cent a year to every 10 per cent ort-

Central Georgia stock, but 7 per year is guaranteed.

Spiin^field, Athol »t: Northeastern.. ^'Sei eaniing*,.1874-5. $.37,408. (V 21, p. 590.)Springfield, D catur dk /<^inoi«.— Consolidation..

See V. 4l, p. 489.Sterling 3U>untain.—'^nBl ot road and eqaipmenV

$508,46.8. Ifetearoin:- 872-.3. $15,673Stockton <t ComKi- >nn id.—Defaulted July. 1874..

and old bonds of $1,000,000 exchanged for present..

(V. 21, p. 159. 160. .316.)

Si/racuse, Binghamt m it New J'ori.-Operated bjrDal. L. & W. Dividend in 18:5. 4 per cent.

Si/raev.v Northern.—9o\i In foreclosure July, 1875..

under a 3d mortgage and bought for R. W. * Og. (V.21, p. 160. 3«9.)

Summit Branch.—This is a coal road, and leasesLykens Valley. N(s earnings in IS73, $837,410.

Sunbury <C Lewiston.—Soid March, 187ii. (V. »^p. .'*, Ill, 834. 2.'57, 897.)

Terr' rraute *. /mfianapoaj.—Annual report in T._SO. p. 498. Net earaingi! to 1874, $380,ft!0, 1 "

$^,188 in 1873.

zxvm RAILROAD STOCKS AND BONDS. [ApiU 29, 1876.

gub<criber« will eonfior a xreat Avor br ([iTlns lmm«diate notice nt any error dUcovered In theae Tables.

DESCRIPTION.

For explanation of colimm headings, &c„ see nototi

at till! head of flrat page ot tables.

Miles Dateof of

Road. Bonds.

Ttra* <£ Faci/le—l»t mortgage, gold2d mortgage, consolidated, gold

Tolalo. Peorlatt iraraow—StockIst prof(!rred2d preferredIst mortgage (W. DIt.)Ist mortgage (K. Div.)iJd mortgage (\V. Dir.) convertibleConsolidated mortgage (for $6,200,000)1st. mortgage (Burlington Div.)

Toleiio, Tittin rf- A'ok/.— 1st mortgageToledo, Wabash rf- WrHlrrn Stock.Pn^'rred sto<k (7 per rent yearly, cumulative) .

.

1st mortgage (Toledo A: Illinois)

Ist mortgage (Lake Krie, Wabash & St. Ixjuis).

1st mortgage (dreut Western of 1859)1st mortgage (CJainev & Toledo)1st mortgage (Illinois & Soutliern Iowa)2<l moitgago (Toledo <fc Wabash)Ikl mortgage (Wabash ik Western)2d mortgage (Great Western of 1859)K<iuipmen t bonds (T. & W.)<Vmsol. mort., (on all except St. L. Div.) convert'e3d consolidated mortgage, gold1st mortgage. (Decatur & Kast St. Louis)Hannil>al & Naplc,'*—1st mortg age

do do 2d doI<afayet te, Bloomingtou, & Miss.—Ist mortLafayette, Muiicie & Bloomiugton, 1st mortgage

.

TiYii/ <f Boston—Stock1 st mortgage, consolidatedt'oB vertiblo bonds

Trojf Unio/i—liit mortgage, g-uaruuteed, Troy City.Tuckerton—Ist mortgageVtitoH /'nci/it—Stock1st mortgage, gold, on road and equipmentad do (government subsidy)3d do oh road (2d on land), sinking fund.I.«nd grant bonds on 12,0(Ki,000 acresOniaba bridge bonds, sterling, *500,000Uhwh I'acifiCy Central Branch—1st mort., gold3d mortgage (government subsidy)

XJuiled .V. J. Kit. <t Canal Cmni>a7iies—Stock(icneral mortgage, couiK>nUnited Co.'s mortgage, sinldng fimd, registered.,

do sterling loan mortgage, sinking funddo do do do dodo dollar loan, mortgagedo bond to State of New Jersey

Joint Co.'s mortgage, sterl'g, s. fd. (£i38,5(X)).do plain bondsdo dodo consol. mort. (siuk'g fund aftei- 1880)

N.J. RR. &T. Co., 3d loan (now Ist), plaindo do 3d loan due State of N. J

fJlah CeniraJ—lut mortgage, goldUlica d- Black JJi rf/•—8tO(!kIst mortgage bonds of July, 1868Mortgage bonds. 2d issue

Utiea, Ithaca d: Elm ira—Ist mortgage, sterlingTatleu <

1'" >

Vermont & Canada—8tockBonds, guaranteed liy Vermont CentralMissisquoi Railroad bonds

\crinoni Central— \^\ mortgage, consolidated2d mortgage, consolidated-Equipment loansStanstea d, S. & Chambly bondsIncome ajid extension bonds (to pay float'g debt).

Tick.Abnrg rf Meridian—Ist series (red endorsed)2d senes (blue endorsed)3d do (black endorsed)4th do (uot endorsed)Special loan, funding mortgage

Vermont d Massachnnetts—^UM'^I at mortgage (siuklng fund $7,000 per year)Convertible bonds

do do

4743

247247247116%110%1161a2271024

628

"75167177292775167180242525628109434382373535

"ijis

291,0381,038

1,038

100100

"P"" On^a°JSi*n«^-^-^^

Value. OMstandmfc (.^^

INTEREST OR DIVIDENDS.

36127.5

75

"67

"73

140140140140

"807780

1872

186618641866187018711872

18531853186518051862185818,5818!)918031867187318691868187018711871

1874

1871

1866-9

18741867-918711866

•66-7-8

1871187118711871187118711834-7

1862186818681870

1868187118721873

18711871186618661866-91867187218661866186618661871

1865

$1,000

iijo100100

1,0001,0001 ,0(M)

1.0001,000

iiJo100

1,0001,0001,0001,0001,000

250 &c.100 &c.1,000100 &e.1,0001,0001,0001,0001,0001,0001,000100

1.000500 &c.

500 &c.100

1,0001,000

1,600£2001,0001,000100

1,000

1,000

1,600100

1,000

.500 .Vc.

500 Ac.100 &c.100 &c.500 &c.100 itc.

1,000500 &c.1,0001,000

100 &c.100 *c.

100100 &c.

5001,000

$8,000 p.m.17,000 p.m.3,000,0tl01,700,0001,000,0001,800,0001,600,0001,300,0001,500,000250,000861,000

15,0(X),0001,000.000900,(K)0

2,1500,0002,496,000500,000300,000

1,000,0001,500,0002,.500,000600,000

2,700,0005,000,0002,700,000675,000225,000

1,300,000660,000

1,609,0001,384,000650.000680,000408,000

36,745,00037,236,11237,230,51214,356,0007,600,0002,400,0001,600,0001.600,000

19,890.4005,300,0002,000,0001,846,0001,800,000154.000.500,000670,340

1,700,000866,000

5,000,000450,000100,000

1,000,0001,770,720200,000907,000

1.500,0003,000.0003,000,0001,500,000500,(H)0

3,000,0001 ,500,0001,500,000444.100

1,508.600717,1500850,000145,000

1,162,700317,400

2,860,000550,000200,000150,000

Og.

3>3777

777777

7777 g.

7S-477672Og.6878g.^-

^'•

«g.Og-(i

7

t'-6

676g.

777g.

"4'

877787877778

677

When Where Payable, and byPayable Whom

F. & A.J. & D.A. & O.M. & NJ. & D.A. &0.

linnda—Princi.pal. When Duo.A'tocfc*—LastDividend.

New York, Co.'s oHice.do dodo dodo dodo do

& N& A.I

& A.& N.,

& N.& A.& N.& N.& N.& N.—

r

& A.& A,& N.& J.& A.& A.& A.& J.

&, S.

N. y., Oflicc of Co.do dodo dodo do

N. Y., Metropolitan B'k,do dodo dodo dodo dodo do

N. Y., Office of Co.Winslow, L. & (;o.

N. Y., Office of Co.do dodo dodo dodo do

Tro,y, Company's Office.

N. Y., Nat. B'k of Com.do do

A. & O.Q.-J

J. & J.

M.'&'S.A. & O.A. & O.M. & N.

Q.-J.M. & 8,

A. & O.M. & 8.

M. & S.

F. & A.Due 90F. it A.P. & A,J. & D.M. & NF. & AA. A OJ. & J.

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

J. & b.J. & J.J. <t J.M. & N.J. & D.M. & N.J. & J.

M. & N.J. & J.

J. & J.J. & J.

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

J. & J.J. & J.

Jan., 1870

Fei). 1, 1896Dec. 1, 1894April 1, 1886May 2, 1910June 1, 1901AprUl, 1902

Philii., Safe Deposit Co.Now York and Boston.

do doU.S. Treas., at maturityNew York and Boston.

do d<'

London, L. & S. 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.

Philadelphia Office.Princeton. N. J.

Philadelphia Office.N. Y., B'k of Commerce.

do doSalt Lake City.

Utica.Utica and New York.

do doLondon, U.S. King & Co

lialtimore.Boston, E. Blake & CoBost(ni.Nat.Bk.ot EcdmBoston, Globe Nat. Bk.Boston,Nat.Bk of Redm

do dodo dodo dodo do

Phila , Girard Nat. B'k.do do

Phila., Girard Nat. B'kdo dodo do

Boston, Office,do dodo dodo do

Nov. 1, 1873Aug. 1, 1890Aug. 1, 1890May, 1893

Nov. 1, 1890Aug. 1, 1882Nov. 1, 1878Nov. 1, 1878.May 1, 1893May, 1883Feb., 1907Feb., 1893Aug., 1889

Nov. 1, 1888July, 1890Aug., 1901Aug., 1901Feb. 1, 1876

18941882

April 1, 1910April 1, 18761896 to 1899

Mch. 1, 18941887

April, 1896May 1, 18951896, '97, '98

April 10, 1870Mch. 1, 1901Oct. 1, 1894Mch. 1, 1894Mch. 1, 1894Feb. 1, 1888

1880Feb. 1, 1878Jan, 1, 1889Nov. 1, 188SAug. 1, 1878

Overdue.Jan. 1, 1890Deo., 1875July, 1878July, 1891

Jan. 1, 1902

June 1, 1872July 1. 1891.Ian. 1, 1891Nov. 1, 1886

18911870 to 1889Jan. 1, 1887

1902Jan. 1, 1890Jan. 1, 1890Jan. 1, 1890Jan. 1, 1890

1880Apr. 7, 1876July 1, 1883July 1, 1879July 1. 1885

Texas <6 Pmiflc.—A. history of the company is

fven in tile annual report in Chromclb, V. 21, p.29. Land grant bonds had been issued, but new

arrangemeuts were made with the construction com-pany. See report. (V. 19, p. 397; V. 20, p. 63: V.iM, p. 229, 324.)

ToleJo, Peoria & TTarcau'.-Interest in defaultDecember, 1873. Passed into receiver's handsFebruary, 1874. Foreclosure suits commenced 1875.(V. 21, p. \m, 372, 505, 59i, 614; Y. ii2, p. 159, 297.)

Toledo Tiffin <£ East.—la hands of mortgagetmstees.

Toled , Wabash (fc Wenlern Operations for fouryears compared as follows ;

Gross

JIT.?

IfBiISTi187(1

earinugi*.

.$5,738,807.. 6,018.978.. 5,736.666.. 4,.544,(>41

Operatingexpenses.$4,4 7,3784,865. 1443,776,8383,236,265

Netearninsrs.

$),«31,4291,613,8341.95»,S.-»

1,308,370

Alater report to Jnne 30, 1S74, was in \. 19, p. 480.Feb. 1, '75, default was made on liiterest and a fundingproposition offered, but not accepted. Mr, J. I).

Cox, the President, was appointed receiver Feb, 22,1875. To be sold under consoliditcd mortgageJnne ie, 1876. (V, 21, ^, 16, 64. 186, -269, 321, 349,4!»0, 604, 618; V. 2i, p, 88, 182, 200, 534, 805, !i44, 875,)

Troy <fi JBMton.—With leased roads forms a linefrom 'Troy, N. Y., to North Adams, Mass, In 1873 74arofs earnings were 11530,310; operating expenses,3883,^79. Tliere arc a few of old 1st and 2d mort-gage bonds yet out8:anding,

Troy Union.—K short road in Troy city. Bondsissued by city and guaranteed by several roads.

r«(;*«r)!on,—From New Jersey Sonthem Railroadto Tuckerton, N. J. Net earnings 1873, $7,759.

Unifn. /»«i/!<;.—Gross earnings in 1874 weie $10,-559 880; net e'amings, $5,907,565; gross earninsrs in

J(ES were $11,993,832, and net earnings $7,011,784.

The percentage of operating expenses to grossearnings was 41 "54 per cent ni 1875 and 44'05 percent in 1874, Land sales in 187,5, 111, ('49 acres at$3 66 per acre, or ^0),462, Total .sales to .Tan, 1,

1876, 1,083,893 acres for *5,336,0J4, Land notes andcontracts on hand, .lanuary 1, 1876, $3,0:3.501,The suit to recover for Government transportationwas decided by the United States Supreme Courtin favor of this company, Nov, 29, 1875, includ-ing the important ruling "that interest on the Gov-ernment loan is not payable till the principal is

due ni 1898-99. Abstract of last report V, 22,

p. 2«7, and government report, to June 30, 1875,V. 21, p. 467. The annual report gives nogeneral balance sheet nor income account. Divi-dends at per cent per year were begun in July,and increased to 8 per cent October, 1??75, TlieUnited Stares Attorney-Geuoral has a suit pendingfor $1,040,056 against '.he company as 5 per centof its net earninss. (V. 30. p. 314, 358, 405, 453. 492,523. ,547, 586, 594;' V, 31. p, 64, 105, 243, 302, 373, 467,536; V. 23, p. 111, 18S, 2,M, 25 7, 400.)

Union Pacific Cenlrxl Branch.—This was formerlythe Atchison & Pike's Peak road. Interest in de-fault "ince November, 1873. Gross earnings 1874-7.5,

$113,519; expenses, $li;3,183, (V, 17, p, 588, 834; V.'20, p. 8,314; V. 21, p, 612; V. 23, p. 111).

TTnUed yeiv .Jersey Pailroad dk Canal Companies.—'lilt t'amden & Ambov Railroad and branches.Delaware & Raritan Canal, aud New Jersev Railroadform the United Companies of New Jersey, Theywere leased to Pennsylvania Railroad. Oct 20, 1871,at 10 per cent on stock and aasuinption of all lia-

bilities. In 1874 the gro-s earnings were $10,031,488;operating expenses, |7,n9S,449; net, $2,933,039, leav-ing a loss to lessees of $31,161 after paving inter-est and dividends, Tlie loans due in Fcbrnary, andApril 187.5, were paid oft and bonds of 1871 increasedby $2,300,000, issued in London.

Utah Central.—Salt Lake to Ogden.net eamlnga were $306,-'i08.

In 1872-3

Utica dk Black iftrw,—Gross receipts 1874-5,$5i'3,397; expenses, $251,660; dividends disbursed,$106,149. (\'; 32, p, 207.)

Utica, Ithaca <C Blmira.-Ttit road was completedNovember, 1875. The sinking fund is $30,000 yearlyfrom 1878. (V. 21, p. 10.)

Valley ( Fa,),—This road was built chiefly by sub-scription of Bait, & Ohio RR,, Baltimore city, andVa, counties, but building was slopped for sometime under difficulties, wliich were settled in Oc-tober, 1875. (V. 19, p, 640; V. 20, p. 18, 458; V. 21,

p, 396,)

Vennont & Cannda.—Under lease to VermontCentral, and proposed to be sold to same for $3,000.-000 in 6 p, c, bonds; but still in litigation (V. 19, p.40, 504; V. 20, p. 16, 141, 419, 445, 488, 492; V. 81, p.442,)

Vermont Centra'.—In 1872 the Company went todefault on interest, and has since been in numerouscomplications, A new corporation under the nameof Central Vermont has been formed, with $2.00l),000paid-up capital, and assumed obligations of the oldVermont (Neutral, Foreclosure in progress on2d inortgaje. (V, 20, p. 16, 141. 186. 314, 3,58,

492, 547 5,14, 616; V. 31, p. 38, 245, 418, 490; V. 23, p.110.)

Vtckstvrg A Meridian.—T!iet earnings year end-ing March 1, 1875, were $130,069. Coupons are paid2 per cent cash, balance scrip. Coupons of July,1874, and April, 1815, were passed. (V. 20, p, 591

;

V. 21, p, 207,)

Vermont <t ifassaelmsetti.—'nXa road is leased tothe Fitchbnrg RR, Co, for 999 years, commencingJan, 1, 1874: they paving interest on the debt and 4per cent on the stock for the ilrst two years, 6 percent the next two years, and 6 per cent for the re-mainder of tlie lease, exclusive of all taxes.

April 29,1876.] BAILIIOAD ^i CANAL STOCKS AND BONDS. ZXIZ

Snbarrlb^sra will confer • creal flivor by elrlnx Immediate notlee of any error dlaeovered In tlieaa TaMas.l>E3CKIPTION.

For explanation of colunin bcadlnKX. Ac, 8C0 notesat tlie head of tlivt i>aKC of tubleti.

Walkitl Valley (A'.r.)—Ist mortgage.Warren (A^.y.)—Stockl8t mortftngc, guaranteed'J(l niortKUKe "•••,•

WasMnffton OUi/, Va. Mid. <t (II. SoHthem—atoCKad mortgage, O. & A. RRIsland lid mortgage, O. & A. KU•Itll mortgage, O. & A. RR(••mided Interest, O. & A. RR1st mortgage, O., A. & M. RRi;un. nioit., gold. Wiisli. C Va. Mid. & <)t. Soiith'uLyncbliiug At DiinvlUi', 1st mort., guar., eoup—

Weitchesltr it rii ihulelpli m—l'referred stock1st mortgage, new

Vrst Jerseiz—aiuckLoan of 1883, guaranteed by Camden & Amboylet mortgage loanlet do consolidated

We»t WUeoiutin—lKt mort., gold, 8. fd., 1. gr., conv..let mortgage, gold extension, coupon or regist'dConRo!. bon<lH, gold

Vesteriiit Atlanlic (ffo)—Income BondsWestern (a/a.)—1st mortgage (Mont. & W. P.)

Western RR. bonds, before consolidation3d mort. on consol. road, guar, by C'ejitral of Ga.

Weslcrn Marylatul^l»t mort., endorsed Bait. City.1st mortgage, unendorsed'Jd do endorsed by BaltimoreJd do endorsed by WasUlngton County .

•ZA i)referred mortgage, uuondorseu;id mortgage, guaranteed by Baltimore4tU do for Baltimore City stock

Western North C'aroliiHi—lf*t mortgage (E. Div.) ..

Wejitern Pennsylvania— lat mortgageIst mortgage, Pittsburg BranchtJencral mortgage

Williamslon A Tarboro—1st mortaageWilmington, Columbia it Augusta 1st mortgage .

.

Income bondsWilmington <t Beading—lat mortgageM mortgage, coupon or registered

Wilni ington <e TTe/aon—StockSterling bonds

do doSinking fund bonds, gold

Wiseoiistn Central—1st mortgage, gold, land grantWorcester <t Nash i/a—StockBends ($125,(X)0 are 7 per cent)BondsBondsXasbua s, Rochester—Stock.

do do 1st m., guar, (for ^00,000)CAISAl..

ClKtapeake rf Dc/oworc—Stock1st mortgage (originally $2,800,000)

Chesapeake A OAi«—Stock.Maryland loan, sinking fund(hwrant«ed sterling loanBonds having next preference

Delaware Dirision—Stock1st mortgage

Delaware <£ Hudson—StockRegistered bontlsRegistered bondsRegistered bondsDebenturcaot 1878lyoan of 1894 ($3,000,000 ep. & $2,000,000 reg.).

Lthi^h Goal t£ Navigation—StockLoan, oouv., coup., gold (assumed L. & W. Coal Co)Ist mortgage, registeredlat mortgage, registered, railroadMort. loan, g. ($2,310,000 assumed C. RR. of N. J.)

IjOiin

do extension, convertible till December, 1877Consolidated mortgage, loanGreenwood mortgage, registered

Uoiumgahela Narigation 6'««—StockIst mortgage

o o

35181818

310

33605 >s

"27

"eo386317232

204

iie44

16000909090909090

11,55728

"4188

"64

64181181

Dateof

Bonds.

20045

4848

1414

6060143148148148

153

8383

18711853

187018711H5518581860

186718731871

1871

18611806186918711872

186618701838

1867

186818701872187018631863

18701870

18681870

1871

18731875

1874

1856

1838

18671869187118731874

187218711872

1862

Size, orPar

Value.

AmountOutstanding

$500&e,100

100

500 <&0.

100 Ac.30

500 Ac.500 &e,300 Ac,300 &e,1,000

1,000

500<fce.100 &c.

500 &e.

100 Ac.100 &c,

100

100

500 &c.

50Vario's

25

501,000100

1,0001,0001,0001,0001,000

501,0001,0001,0001,0001,0001,000

501,000

INTEREST OE DIVIDENDS.

ate per' When Where Payable, and byCent. Il'ayable whom.

Kate

$700,0001,800,000311,400730,000

2,092,5391,200,000654,000700,000378,839

1,650,0001,1500,000520,500821,300

1,100,0001,339,750400,000

1 ,(K)0,0001 ,000,0004,(XK),(K)0610,000

2,500,000920,000730,000600,000

1,200,000200,000400,000300,000300,000600,000875,000

1,000,0001,400,000800,000

1,000,0001,200,000350,000

3,200.0006CO,000

1,250,0001,560,1001,456,200648,700221,400749,000

4,618,3001,789,800350,000250,000400,000825,305700,300

1,880,8001,997,8728,239,5942,000,0004,375,0001,699,.3001,633,350800,000

20,000,0001,500,0003,500,0005,000,000393,000

3,000,00010,348,550

794,0005,381,9632,000,0004,692,.500762,77941 ,,350

1,063,000744,000

1,004,300103,000

73I9

77

"«'

H8

"7

"4"

7 f.

46677g.7g.7g.108886666666866 f.

787

3hi

^^7 g.7g.7g.SHs

6&77736

36

"(i'

56465777

2

!«•

66 g.66

746

A. A O.A. * O.F, & A.

J. & J.

U. A N.M. A S.

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

A H,

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

N.Y., Bull's Head Bank.N.y., Del., L. A W. HE.

do dodo do

Q-J.A. A OA. A O.A. A OJ. A J.J. AJ. AJ. AJ. A

AAA

pal. When Due.Stockt -I.,aMt

Dividend.

Bait., R. Garrett A Sonsdo dodo do

Bolt., R, Garrett A Sonsdo dodo do

Phlladelpbla, Office,

do • doCamden, N.J., Co's Office

do dodo dodo do

New York and London.New York, Offloe of Co,

J.

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

New York, Soutter4 Co.do dodo do

Bait., N. Mechanics' B-kdo dodo doIlageratown.

Bait., Company's Offlc«.Bait., N. Mechanics' B'k

do do

1806April. 1870

18751900

Jan. 1 1875May 1, 1873Sept. 1, 1880

Mcb. 1, 1882May 1, 1003April 1, IHUSJan. 10, 187«April 1. 1801Sept. 1, 1874Mch., 1883Jan., 1800Oct., 1890

Jan. i. 18881903

M. & N.J. A D.

a.a'o.A. & O.J. A D.J. & JM. & NJ. & J.J. A J.

J. A J.

VariousA. A O.F. A A.

A. AO,

J. A D,J. A J.

Q-J.Q-J.

J. A JF. A A.J. A J.P. A AM. A N.J. A JJ. A JA. A O.A. A O.Q-M.LAS,Q-J.Q-F.

J. A DJ. A D.J. A DJ. A D.F. A A.J. A J,

J. A J.

Philadelphia, Office.do dodo do

New York. J. M. PickrellBait., Sato Deposit Co.

London,do

N. Y., Nat. B'k RepublicBoston, Office.

Worcester, Office.do do

Best., Globe Nat. Bankdo do

Jan. 1,Jan. 1,Jan.,Jan.,Jan.,Jan.,Jan.,

Jan. i,April 1.Jan. 1,

18901890180018901895190O100218901893189«

Phila., DoHaven A Bro.do do

May 1, 1900June, 1900

Boat., Globe Nat. Bank.

Philadelphia, Office,do do

Bait.. A. Brown A SonsLfmdon.

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

Philadelphia, Office,do dodo dodo dodo do

Philadelphia, Office.do dodo dodo do

Pittsburg, Office.N.Y'., N.Bk.otCom'rce.

Oct., 1900Jan., 1902Dec, 1875

188118881896

July 1, 1901Jan. 1, 18781881 A 1887 ,April 1. 189S ^Feb. 1, 1895

April 1, 1894

June, 1873July, 188S

187018901885

Feb. 4, 187SJuly 1, 1878Fob. 1. 1876

18771884 •

1891April, 1878

1894Mar. 3, 1878

189418841897189718771882

June 1, 19111892

Jan., 1870July 1, 1887

WaliaU Voii«y.—This road was foreclosed undera eccond mortgage and sold November, 1875. (V.

»1, p. 442; V. *i, p. 42, 209.)

Warren (N. 7.).—Leased to Delaware, Lackan annaA Western at 7 per cent on stock and bonds. Netearnings in lti75, {211,036.

}ya.9hin{)ton City, Yirgln'-a ^^ulland <S Great South-

ern.—Gross carnini^s year ending Sept. 30, 1875,

$1,03.3,980; expenses, $67^,367; net earnings. $401,-

dli. 'The company has been assisted by Bait. & O.Oonpons on O. & A. 2d, ;Jd and 4th mortgages are

overdue. (V. 22, p. 1 5.)

Western A Atlantic—TMn road is owned by State

Of Georgia, and leased at $240 000 per annum:Lessees nave issued the income bonds. (V. 82, p.

13C.)

We-steluaUr <t Philadelphia.—Het earnings 1874-5,

$152,657. (V. 22, p. 304.)

West Jerseij.-GToaa earnings, 1375, $859,797; ex-penses, $^if)6,5')9; net. S29.%887. Net profit abovemtercot acd rentals, $93,689. (V. 22, p. a3 i.)

West Wisconsin.—The company defaulted on inter-

est dtte Jan. 1. 1875. and funded nine coupons fromthat date. The followinj is from tlie oflicial stale-

meat; Sifice its organization the company hnsissa 'd $4,000,000 cold first mortga2;e laud griint

bonds, of which J-^.ti ,50J are outstauding; $')iu,00J

Southern extension bonds, of which $370,000 areheld as collateral security by floatins debt creditors;$2,5J0,000 seven percent gold consolidated bonds,of which $l,471,0u0 are held as collateral to the float-

ing debt. The other debts of the eoinpauy on Jan.1. 1875, were as follows: Bills payable, $l,0S«,9il.•There are collaterals belonging to the company heldfor these, as follows; Sonlhern extension bonds,$870,000; consolidated bonds,$l.471,0 »; and 200 cars;other items of debt. $1,826,141. Earnlags, 1874,$864,9%); operating expenses, 697.107; net eimlngs,H7,8ia. For full particulars see V. 20, p. 77, 291, 314

;

V.21,p. 3%.

Western A'abama.—Sold in foreclosure, April 19,

1875, and bought by Central Ga. and Georgia Rail-roads. (V. 20, p. 398, 405, 445.)

Western Haryland.—This company was largely as-

sisted by the city of B dtimoro, which has also

bought Its overdue coupons. The only bonds re-

maining in default for interest to their holders arethe second preferred unendorsed. Cost'of road andequipment to October 1, 1875, $4,473,450. Annualreport for lust fiscal year to September .30, 1875,

shows gross receipts, $2it3,T18; expenses, $194,420;net receipts, $99,2a8. The gross earnings were$15,925 larg'-r than the preceding year. The finan-

cial condition September :30, 1815, was as fnllows:Liabilities—Stock subscriptions, $68).li32; fundeddebt. $3,675,0110; material on hand, $1,682; generalrevenue. $97,722; sundry suspended debts. $3,602—total liabilities, $4,473,451. Assets—Cost of oldroadand appurtenances, $2,404,3(«; cost of new road,

$1,889,483; sundry individual inncbtedness, $3,846;Union Railroad Company, $2,500; loss on sale ofsecond preferred bonds. $43,500; construction andequipment, $57,263; sinking fund second mortgagecityeudorsed, $31,000; ba'ance $36,911—total assets,

$4,473,451. (V. 22, p. 207.)Western North C TC-^ina.-Sold in foreclosure, June

23, 1875, for $825,000. (V. 20, p. 814, 453; V. 21, p. 40.)

Western Pennsyjlvania.—The Pennsylvania RR.lessee owns $972,6.V) stock out of the total amountof $1,022 450. $148,000 of branch bonds, and all of$1,200,0011 genernl mortgage bonds; net earnings187.b. $18J,059. (V. 22, p. «06.)

Wil i'tmstoi (t T'arfioro.-Road In progress. Norecent financial information,

Wilmington Cotumhla <6 .4u(7i/»<7.—Leases andoperates the Wil.A Weldon. In 1814 5 nci earningswere $183,271, iucludinsr profit on W.& W. Couponsof De-., 1875, are unpaid. ^V. 22. p. 1 5.)

Wilmington * /?«adi«(7.—This road was In pro-

gress, and defaulted on second mortgage after crisis

1 of 1873. Default on first inortgsge was made April,

1 1875. Foreclosorc pending. "Tho Berks Co., an ex-

tension, was sold out and is now leased to Philadel-phia A Readiug. (V. 90, p. 358, 383, 522, M7; V. 31.p. 137, 592; V. 22. p. 182.)

Wilmington dt Weldon.—heagei December, 1S7S,to Wilmington, Columbia A Augusta road at 7 percent on stock. Lessee assumes all liabihtles. (V.22, p. 16)

Wisconsin Central.—This company defaulted July,1875. and its latest statement aod proposition forfunding, Ac, are in V. 21, p. S43. (.V. SO, p. 291, 571;V. 21, p. 324.)

Worcester <t Nashua.—Vet earnings 1874-5, $178,-S.'iO. Guarantees the stock and bonds of Nashua ARochester company, leased. (V. 21, p. 690.)

CANAL.Chesapeake tft Z>«/awor».—Delaware City to Chesa-

peake City, Md. (V. 18, p. 582).

Chesapeoke A Ohio.—This company was assisted byState of Maryland, and is making progress towardsmeeting it^past due interest. (\ . 21, p. 77.)

Delaware ZHp.—Leased to Leh'gh C. A N. Co., atinterest on bonds, and 8 per cent a year on stock.

Del. A ITudson Canal.—Thlt Co., which Is amonf;the largest miners and carriers of coal, leases the Alb.

A Susq. and Renss. A Sar. Railroads. Also endorsesbonds of N. Y. A Canada RR Annual report for 1874,

V. 2), p. 498. (V. If, p. 472, 503; V. 20, p. 3!Si.)

Lehigh Coal A Narigation.—Gtosi receipts in 1875,

$1,819,085; expenses, int. .ind dividends, $I.9I4,27».

Excess of receipts. $tM,191. The Central R. K. of

N J. assumes (in purchase of 1 quipmeni). $2,310,000

of the gold loan d-.ie 1897, leases the Lehieh * Sus-

quehanna Kail Uoad. and operates the Lehigh CanaLThe Lehigh A Wilkes-Barre Coal Co. assumes $500.-

000 of the gold loan due 1S97, and $823,000 (all) of theconvertible gold loan due ISJI, and baa alao leased

the coal lands of the Company. (V.8S, p. it 9.)

Wonongahela Navlgalicn Ownpony.-Receipts,1874, $)l»,t6'3; expenses, $83,120; dlridends, $97,121.

zxx CANAL AND MISCELLANEOUS STOCKS AND BONDS. [April 29, 1876

Sakserlbars will eonfer • K'e** ftvor br tclvlng immediate notice or any error discovered in tiaeee Tables.

DESCRIPTION.

Xy>r explanation of column headiuKs, Ao., see notesat tlie bcud of first page of tables.

Milesof

Canal.

103103103103

327327108

45

85

CANA L-rontInned.Jforris—Stock, coneelidatod

I'l^fcrrcd stockNew mortgage (for $1,000,000)Boat loanPielorrcd stock ,.,31] dividend

Pennsi/hania—Stock1st mortgage, interest guaranteed by Penn. EB

Seh uylkill Namiqationr-Slovk, commonl*referrc<l stock1 St mortgage, extended ,

'2d mortgageUortgage bondsImprovement bonds— aBoat and car loanBoat and car loan

Biuguelwnna of TUle Ifo^er—StockMaryland loan, 2d mortgageSusauebanua Canal, common bonds, 3d mort

do pref., 3d. T. W. priority b'ds.

do bonds of 1872CMon—let mortgage

miSCELI.ANEOirS.Adams Exprest Conipanu—StockAmerican Exi>rts»—Bto(XAmerican Coal (Maryland)—BtodAUantlc <e Paciflc Telegraph- BU>c)i

Boston Water PowerMortgage bonds (for $2,800,000) ...

Canton linprotenient Comwoiitf—StockSterling bonds (sinking fund one-flftli of land sales)

Mortgage bonds, gold sixes (for $2,500,000)Union RR., Ist mort., end. C. Co. (s. f ., rents on $220,163)

do 2d mort., g., end., (s. f. ground rents on $144,800)Vary Iinprorement Company—Stoct[ConsotUtation Coal of Maryland—Stock1st mortgage (convertible)Ist mortgage, consolidated, convertibleCumberland Coal and Iiou—1st mortgage

do do 2d mortgageCumberland Coal <£• Iron Companu—StockJhtHleith <t Dubuque Bridge—Bouda sinking fundJlUiiois <t St. Louis Bridge—l»t mortgage coupon s. fund.

.

2d mortgage, coupon3d mortgage, coupon4th mortgageSt. l/)ttl8 Tunnel RR.—Ist mortgage sterling, sink. fund.

do do 2dmortgageMariposa Land it Mining Company—StockPreferred stockMortgage bonds (for $500,000)

Maryland Coal—BlockraeClie Mail Steamship Company—StockBonds, coupon or registered (for $2,000,000)

¥tnn*ylvanla Coal—StockiBt mortgage bonds

J'ullman Palace Oor—StockBonds, 2d seriesBonds, 3d seriesBonds, 4th seriesBonds, sterling debentm-e, convertibleBonds, debenture

^uielcsilwr Mining Company—Common stockPreferred stockad mortgage, gold

Spring Mountain OoaJ—Stock, guar'd 7 p. c. by L. V. RR..

.

tfnilea Stales Express—StockWells, Fargo (t Company Express—Stock'Western Xfnion Telegraph—StockBeal estate bonds, gold, sinking fundBonds, coup or reg., conv. till May, 1885, s' f. 1 p. eBterling bonds, coup, (sinking fund 1 per cent, per annum)

Wilkesbarre Coal—Stock

Dateof

Bouds

Size, oPar

Value.

187618651869

1867

187018631864

1872

1874

18731874

1864187218521869

1868187118711874187518731875

1875

1876

1861

187218751875

$100100

various.various.

501,000

5050

1,0001,000

1,0001,0001,000

50

10010025

100100

1,00025

£2001,000

500 &c.500 &c.

10100

1.0001,000

i",6oo100

1,0001,0001,0001,0001,000£200

ido100

1,000100100

1,00050

'i()0

100100

"50100100100

1,0001,000

£100&c100

AmountOutstanding

$1,025,0001,175,000m

236,965103,164

4,477,1503,000,000949,748

3,155,6501,709,3803,990,3921,148,00(1260,00(1756,650628,10(1

2,002,74(i1,000,0001,310,000325,316250,000

3,000,000

12,000,000 218,000,000 31,500,000 4

10,000,0004,000,000 10 s.

.1,740,000 71,107,500 ,,

593,000 6g.693,000 eg.605,500 6598,000 6g.

55,000 sb'e. 60c10,250,000 213

412,000 7363,000 6177,000 6498,000 6500,000 6480,000 8

3,947,000 7g.2,000,000 7g-2,492,000 7g.1,000,000 101,000,000 fl g-1,000,000 10

10,000,000 ....

5,000,000(t)

4,400,000

....

1>«20,000,000 3

(!) 75,000,000 5484,500 7

5,826,200 2298,000 8434,000 8996,000 8144,000 7g.598,000 7

4,291,300 -...

5,708,700584,000 7g.

1,500,000 46,000,0005,000,000 4

33,787,475 21,498,000 7g.4,000,0001,030,000 6 g.3,400.000 5

INTEREST OR DIVIDENDS.

Rate perOnt.

77

" 6'

30c. In sc60c. in sc

66

667

"e"6676

WhenPayable

F. & AF. & A,

A. '& OF. & A,

J. &"j,F. & A,F. & AM. & S.

J. & JJ. & J,

M. & N,M. & NM. & N.

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

J. <fe JM. & N.

Q.-M.J. & JM. & S.

J. & D.

J. '&'j.

J. & J.

J. & J.M. & N.

M.&'S.J. & J.

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

<Sc 8.

& J.& J.& J.

J. & J.

M. & S.

(J.-F.F. A A.Q.-F.M.& N.F. & A.F. & A.A. & O.A. & O.

J. & J.

J. & D.

M. & N.M. & N.M. & 8.

M. & N.

Where Payable, and byWTiom.

Loh. Val. RR. Co.. Philado do

dodo

dodo

Philadelphia, Office.Philadelphia, Office,

do dodo dodo dodo dodo dodo dodo do

Pbila. and Baltimore.do dodo dodo do

Philadelphia, Office.

N. Y., Company's Office.do do

New York, Office.

Boston, Office.1st coup, due Dec,1875.

London, Brown, S. & CoNew York or London

Boston, Office.N.Y.,Co.'s Office, 71 B'y.

do dodo dodo dodo do

New York Office.N. Y^by ni. Cent. RR.New York and London.

do dodo do

St. Louis.Lond.,J. S.Morgan& Co.

8t. Louis.

New York.

N. Y., Ill Broadway,do do

r. Y., Farm. L. A T. Co.do dodo dod'> dodo dodo do

N. Y., Company's Office.N. Y., Company's Office.

New York, Office.New York, Office.New York, Office.

N. Y., Union Trust Cm.N. Y., Treasurer's OfficeLoudon, Morton, R.&Co

Philadelphia.

Uon</»—Princi-pal, when Due.Slocks—LantDividend.

Feb. 4. 1S76Feb. 4, 1S76

Oct.','i885Feb., 1889

JulyVigiOFeb. 1, 1876Feb. 1, 1876March, 18971882 to 190r

1895May, 1880May, 1913May, 1915

Jan.Vi'885Jan. 1, 1878Jan., 1894Jan., 1902May 1, 1883

Mar. 1, 1876-Jan. 3, 1876Mar. 10. 1876

1872Nov. 12, 1872June, 1884

Jan. l,"l9<HJan. 1, 1904

Jan. 9, 1869March 15, 1876

Jan., 1885Jan. 1, 1897

1879Feb., 1879

Oct. 15, 1875Nov., 1893

1900July 1, 1901Mar. 1, 1886

Jan. iViSSSi

Jan. 1,Jan. 31,

Sept.,March,Feb. 1,Aug. 1,Feb. 15,May 15Feb. 15Aug. 15April 1Oct. 15,

1886, 18761869188618761881,18761881

,1887,189318851878

1879Deo. 10, 1875May 1, 1876Jan. 15, 1876Jan. 15, 1876May, 1902May, 1900

March 1, 1900

Jforri«.—Leased April, 1870, to Lehigh Valley Rail-

ro»d for 999 years. 'The lessees assuming bonds andiBcnp, and paying 10 per cent perannum on preferredctook, and 4 on consolidated stock. (V. 13, p. 714).

Pennsylvania Cinal.—'VforkeA in interest of Penn."KR. whicb guarantees interest on bonds. An old

mtMtgage of »90,000 is due in 1887. Gross receipts

J874, $546,328; net, $810,142.

Schuylkill Naviqaliin Ctomp'my.—Leased fromJune 1, 1870, to Philadelphia & Reading for 9!»9

years, at annual rent of $655,000, including '•ertain

real and personal property convej^ed to Philadelohia

& Reading. (Last annual report in V. 18, p. 272.)

Svsqwhanna <ft Tide Water.—Leased and operatedm Philadelphia & Reading Railroad for interest on>Dnd8 and half of net earnings.

TJnton, <7ana/.—Stock, $2,907,830.

iniS€E<.IiANEOt;S.

Adams Express Company.—K reference to the

«nit of Dinsmore and others in V. 19, p. STO.

American Coo'.—The report for 1875 showed gross

receipts, $825,916; net, $^9,C16. (V. 22, p. 180.)

AtkuMc <t PacitU Telegraph.—Qt this stock the

Union Pacific Railroad holds $2,420,000. (V. 19, p.502. 638, 639.) Annual report V. 20, p. 428; V. 21,

p. 63, 277.

Boston Water Power Co —Annual report in V. 20,

p. 429. A stock increase of 25 per cent was votedNov., 1875. (V. 21, p. 511, 691.)

Canton Improvement Co..—The annual report foryear ending May 31, 1875, is in V. 20, p. 59 1 . Of the$2,500,000 mortgage $600,000 is resiirved to pay ster-

ling loan. The Company owns $594,000 stock ofUnion Railroad Co. out of $600,000 and guaranteesits bonds. (V. 80, p. 314,146.)

Cary Imp/vvenunt Co.—Assets April, 1875, $298,-694; liabilities, $165,009.

Conso'ldation Coo'.—Annual report for 1874 in V.20. p. 289) showing gross receipts. $2,756,948; ex-penses, $1,976,294; net, $780,653. Consol. mortgagebonds are held to retire old bond-*. Guarantees alsobonds of the Cumberland & Penn., and assumes$135,000 Un. Mining Co. bonds. (V. 22, p. 279.)

Illinois <fc St. Lou^s Bridge.—Interest passed Jnly,1975 The Bridge and Tunnel Railroad are in handsof Messrs. Morgan and Humphreys, trustees. (V20, p. 544; V. 21, p. 349.)

Mariposa Land £ Mining Co.—l\. 80, p. 477; V.22, p. 831, 305, 328.)

Paeljlc Mail Steamship Co.—(V. 21. p. 40, 207,231,878,324,349,396; V. 82, p. 42, 257, 281, SOB,36J.)

Pennsylvania Cboi.—This company operates a rail-road of 47 miles connecting its coal mines with.Branch of Erie Railway and Delaware & HudsonCanal at Hawley. Dividends in 1674 were 45 per centa year. Floating debt, $625,000.

Pullman Palace Car Company.—TuU report in V.21, p. 467.

Quicksilver Mining Com/)0«y.—Annual report forJO'S, with balance sheet, &c., in V. 2J, p. 303. SeeV. 19, p. 584; V.20, p. 143, 429, 538; V. 82, p. 883, S03.

Spring Mountain Coal Company.—Tivis is guar-anteed 7 per year till 1885 by Leiiigh Valley RK.

United states Express.— W. 82, p. 159.

Western Union Telegraph.—Anmml report V 21p. 369. The company holds $7,267,735 of its ownstock, making the total $41,073,410, (V. 2.1 n 77I.IF. a'S8,57l; V. 21, p. 6, 369, 372, B69; V. 3-> D.136, 175, 182; V. 82, p. 257, 668.)

- > --, i'.

1 1 April 29, 1576.] INVESTORS' SUPPLEMENT. zzzi

FINANCIAL EEVIEW.{ A.lS IS XJ A.Zu .)

1876.

ISSUED FROM THE OFFICE OF THE

COMMERCIAL AND FINANCIAL CHRONICLI

CONTENTS:Financial Review of 1S75.—Ketrospect of the Year—Commerce

of the United States—Commerce of New York City—Banking

Statistics—Banking and Financial ASaira in London.

Bnsiness Failures In the United States.

[Prices and Exports and Imports of Merchandise.

Bailroads—Kepresentatire Railroads of the United States^

Bailroads in Default since the Panic of 1873—United States

Land Grants for Railroads and Wagon Roads—Railroad

iBamingB.

iHTestmcnts of Financial Corporations In N. T. City.

iKTCStments and Speculation—Inrestments—Compound Inter-

est Table—Table showing the rate per cent realized on

secarities purchased at rarious prices—Stock Speculation

Table Showing the Interest Cost of Carrying Stocks.

The Money Market—Features of the Market—Prices of Call

Loans and Commercial Paper, Weekly, 1871-1875,

Gold and Bullion—Exports, Imports and Production of Gold

and Silver in the United States since 18G0.—Prices of Qold.

daily. 1863-1875.

Foreign Exchange—Influences on the Market and Methods

of Quoting—Prices 1869-1875.

Prices of Stocks and] Bonds for a Series of Tears—United

States Bonds," Prices 1885-75—State Securities, Prices, 1860-75

—Railroad Bonds, Prices 1873-1875—Railroad and Miscel-

laneous Stocks, Prices 1871-1875.

6otton and Cotton Spinning in the U. S. 1874-75—Cottoa

Movement and Crop, 1874-75—Cotton Spinning in the United

States, 1874-75.

ik WILLIAM B. DANA & CO., PUBLISHERS,

79 & 81 WILLIAM STREET,

jsiiziw -sros.13::.

xxxn INVEBTOES' SUPPLEMENT [Ap 31 29, 1 76.

Insurance.

CONTINENTAL

Insurance Compawy.

OFFICES:

»EW lOBK, 100 & 102 BROADWAY.

BROOKLYN

!

Ill New Continental Insurance Building

COR. COURT & MOSTAGUE ST8.

CauhCapiUl $1,000,000 00

Baeerre for Re-InBurance 951,487 ii

SpedAl Reserve Fnod, deposited onder

Mew York Snrplns Law with Inenr-

«nce Department 800000 00

OuanmtySarpIoBFand 300,000 00

VadiTlded Sarplos held for all Claims

asainet the Company 893,738 22

Total Auets, Jan. 10th, 1876 $3,845,166 64

INSURES

VWBI.I.ING8, FURNITURE.'VARBHOVSES, MERCHANDiaS,

LEASES, RBNTS,

Aaii other Inanrable Property, at Jaet Rate* of

Premiam,

THE COSrriTVElVTAl.

WAB TBI

jmUT COUPANT TO SUBMIT TO TBESSSTRICT10N8 OF THE SUSPLUS

LAW OF 1874.

By the proTieioce of this Law the Company is

compelled to limit its dividends to Btockholders

to 7 per cent, per annum, and to deposit one half

of the remainder cf its earnings in the Insur-

ance Department of this State, as a SPECIAL

BS8ERVB SAFETY FOND, for tho PROTEC-TION and SAFETY of each policy holders as maynot be bamed out at the time of a conflagration so

^reat as to destroy the ability of all Companies, to

pay their losses in full, thereby avoiding the neces-

«ity of placing the Company in the hands of a

Receiver in Bankruptcy.

Some of the benefits of submissioQ to this law

are as follows

:

Firit—To the assured, who are claimants for

losses at the time of tho great fire.

It will give them more money than can be ob-

tained under the requirements of any other law

on this subject, because it exempts the Companyfrom receiver's fees, legal costs, or other expenses

of bankruptcy.

It requires the Company to maintain at all times

s "GUARANTEE SAFETY FUND" equal In

aBU>nnt to the "Special Reserve Fund," for the

greater protection of policyholders generally.

It will prevent any enToachment upon it bylat£r losses under uncancelled policies.

It compels just and prompt adjustments and pay-

ments, no matter how great the Are or loss.

Becojul—To the policy-holders whose property is

not involved in such fire—a hitherto neglected

class:

It will give a deserved protection and provide for

the payment of their later sustained losses, as i< noXreat fire had occurred.

It will save them from vexations and serious loss

of time and money in seeking and paying for newInsnrance, while waiting indefinitely for the return

«{ what is due from the Bankrupt companies whosepolicies have become worthless, and whose assets

3aay be in the dutches of a slow-paced Receiver,

GEO. T. HOPE, President.

H. H. LAMPORT, Vlce-Pres't

CYRtiS PECK, Secretary.

B. C. TOWNSEND, Sec. Agency Dept.

ABRAH M. KIRBY, Sec. Local Dept.

CHA8. H. DUTCH ER, Sec. Brooklyn Dept

JOHN K. OAKLEY, General Agent.

Publications.

"FAIRLY

Miscellaneous.

WITBOUT A RIVAL."— Congngalionalist.

^ The most eminent authors of

the day, suck as Hon. "Vl,

E. Gladstone, Prof. Muxraoller. Prof. Huxley.Dr. IV. B. Carpenter,Prof. Tyndall, B. A.Proctor, Franca Pour-

er Cobbe, TbeDuke ol

Arsrll.JBniea A.F'ondc^inra. nialocta, inra. OIL

ptaant, niaa Tbackeray, Jean Inse-

low, Geo. naeDonald, William BlackAntbony Trollope, B. D. Blackmore.raattbovr Arnold, Henry Klngaley,Tbomaa Carlyle, \r, "W. Story, BobertBuchanan, Tennyaon, BrowninK, and

many others, ai e represented in the pages of

Littell's Living Age.In 1876 Thk Liviso Asi enters upoa Its thirty-third

year, it has D«ver failed to receive tue warmest sup

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baa met with constantly Increasing success. Having

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During the yrar It will famlih to Its reailers the

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LEADING FOREIGN NOVELISTS,and an amount unapproached by any other periodical

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matter of the day, from the pens of the FOREMOSTK88ATI8TB, BC1ENTI8T8. CRITICS, D18C0VBR-EK8 AND EDITORS, representing every departmen

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THREE AND A QUARTER THOTTSAND

double column octavo pages of reading matter yearly

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or for $10 50 {covering prepayment f>f postage on oothperiodicals,) Tiia Livi.vo Agk and either one ot theAmerlcan/oMr dollar monthly Magazines (or harper^sWeekly or Batiar, or Appleton*s Journal, weekly) willbe sent for a year: or, for (8 50, The Livme Ao« andScrlbner's St. Nicholas.Address

LITTKLL dc GAT. Roatou.

Brinckerhofi;Turner& GcManufacturers and Dealers in

COTTON DUCKCAR COYERING AND CAR SEATSlJ

14 to ISO INCHES WIDE,And all kinds of

COTTON CANVAS, SAIL DUCK, FELTIN<

'

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United States Bunting CompanyA full supply, all Widths and Colors always

in stock.

142 DVANE ST., NEIV TORK.EI.BEBT A. BRINCKBRHOFP, J. SPBNCISE TuBSII

Henry D. Polfemus, Special.

JOSEPH WOOD. E. R. BENNET,

Joseph Wood & Co.MANcrACTunEns or

Wood's Pat. Adjustable Frog, & WoodStationary Frog,

WOOD'S PATENT R.41LR0AD SWITCHES,

\|roOD>S PATENTIRO.N AND 8TEEI RIILROAD CBOSSINGI

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SEL.F-ACTIIKO LUBRICATORAOBNTS POB

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national Car Rrake Shoe Co.,

p. (1. Box 1W9. NETV YORK.

ESTABLISHED IN 1853.

Henry Seiberlfc BrosL.lTHOCiRAPHERS

AND

LEDGER BUILDING,

No. 182 HVILLIAm STREET, N. 1

Railroad Bonds and Certificates of Stodc

Specialty. Commercial Blanks of al! kloda.

THE ATWOODCONICAL LOCK-NUT

MANUPACTURED ET TBE

Atnrood Conical Lock-Nntand RCaailfactnrlns CompauF.

P. O. Box. 1049. N<.. 40 UROADWAT, 5.

LIGHT, STIiOPfG^ AIVr> ELEGANT;

STREET CARS, OMNIBUSES.

John Stephenson & Co.,

MANUFACTURERS,

«o. 49- EAST TWENTY-SEVEMTH STREET, NEW Y