Giratsnding: -F102,800.
'“ BaJance has been exchanged for preferred
‘stock and ‘cancelled.
- Denomination—Coupon, $1,000.
terable. :
Trustee—Central Trust Co., New York.
Secured by a lien junior to that of the Con-
solidated 5s and 1st Preference 5s, on property
described under Consolidated 5s above.
Underlies—$6,800,000 Preference and Gen. &
Ref. 5s. Bonds of the latter issue are reserved
to retire these bonds. ,
Earnings—See Consolidated 5s above.
CENTRAL OF GEORGIA RAILWAY CO.
Third Preference Non-Cumulative Income
Mortgage Gold 5s. Due Nov. 1, 1945.—N.
See Map 17.
Dated Nov. 1, 1895. Interest
at Guaranty Trust Co., New York, or at Sa-
vannah. Interest payable, if earned, up to 5%
per annum. .
Authorized—$4,000,000.
Outstanding—$48,000.
Balance has been exchanged for preferred stock
and cancelled. ;
Denomination—Coupon, $1,000.
terable.
Trustee—Manhattan Trust Co., New York.
Fully. regis-
Fully regis-
ayable Oct. 1,
Fully regis-
Secured by a mortgage on the property de-
seribed under the Cansolidated 5s of 1945,
subject to those bonds and the lst and 2nd
Preference income bonds. _
Underlies—$6,600,000 Gen. & Ref. 5s. Bonds
of that issue are reserved to retire these bonds.
CENTRAL OF GEORGIA RAILWAY CO.—
Oconee Div. Ist 5s. Due Dec. 1,.1945.—F.
See Map 16,
Dated June 1, 1901. Interest payable June
and Dec. 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$462,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Guaranty Trust Co., New York.
Control—See ist 5s above.
Secured by a first mortgage on the (4) 77 miles
of road from Dover to Brewton, Ga. Bonds of
this issue are outstanding at the rate of $6,000
por mile on a large, but relatively unimportant,
ranch line. #
Underlies—See Chattanooga Div. 5s below.
Legal for California.
Market.
New York—Percy H. Bradshaw, Wm. A. C.
Ewen, Coffin & Co., Clark, Dodge & Co., J. A.
Clark & Co.
Baltimore—Baker, Watts & Co.
Hartford—Roy P. Crary.
CENTRAL OF GEORGIA RAILWAY CO.—
Chattanooga Division P. M. 4s. Due June
1, 1951.—F.
See Map 16.
Dated June 1, 1901. Interest payable June
and Dec. 1, at Guaranty Trust Co., New York.
Authorized—$2,400,000.
Outstanding—$2,057,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. .
Trustee—Guaranty Trust Co., New York.
Control—See lst 5s.
Secured by a first mortgage on (9) 27 miles of
road including branches to Durham, Ga., and
Dewey, Ala., and a second mortgage on (10) 137
miles of road from Carrollton, Ga., to Chatta-
nooga, Tenn., subject to a prior lien outstanding
at the low rate of $2,500 per mile. This road
affords the C. of Ga. Ry. its only entrance into
Chattanooga, Tenn. Bonds of this issue are out-
standing at the rate of $12,500 per mile.
Prior Lien—$343,000 Chattanooga, Rome &
Southern 1st 5s of 1947. :
Underlies—$6,600,000. Cent. of Ga. Ry. Gen.
& Ref. Mtge. Bonds of 1962, which issue provides
for the retirement of these bonds and $18,500,000
Cent. of Ga. Cons. 5s of 1945.
Listed on the New York Stock Exchange.
Original Market—Offered in’ 1901 by Kean,
Van Cortlandt & Co. (now Kean, Taylor & Co.),
New York, at 89 and interest.
Market.
New York—Wm. A. C. Ewen, Coffin & Co.,
Ciark, Dodge & Co., Spencer Trask & Co., Free-
man & Co., Mabon & Co.
Philadc\phia—Chas. D. Barney & Co., Henry
est.
Baltimore—Colston, Boyce & Co.
CENTRAL OF GEORGIA RAILWAY CO.—
Macon & Northern Div. Ist 5s. Due Jan.
1, 1946.—F.
See Map 16. : ’
Dated Nov. 1, 1895. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$840,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Maryland Trust Co., Baltimore,
Control—Macon & Northern Ry. Co. was con-
solidated in 1895 with other roads into the
Central of Georgia Ry. Co., which is controlled
128
by the Illinois Central through ownership of
entire capital stock.
eruted by a first mortgage on (5) 102 miles of
road from Macon Jet. to Athens, Ga. Bonds of
this issue are outstanding at. the rate of $8,400
per mile on the’ branch into Athens, Ga., which,
with a population of 16,000, is the seventh city
in mae a the state. — ay or
nderlies—See Chattanooga Div. 5s aboye.
Legal for California. = a me
Listed on the.New York Stock Exchange.
, Market. ;
New York—Knauth, Nachod & Kuhne, Percy
H. Bradshaw; Wm. A. C. Ewen, Coffin & Co.,
Spencer Trask & Co., Low, Dixon & Co., New-
borg & Co., Wolff & Stanley, Wm. C. Wilson &
Co., Redmond & Co. | i
Baltimore—Baker, Watts &:Co. Bo
Philadelphia—C. C. Harrison, Jr., & Co.,
Graham & Co. e % ‘
CENTRAL OF,GEORGIA RAILWAY CO.—
. Mobile Div. 1st 5s. Due Jan. 1, 1946.—F.
See Map 16. .
Dated Nov. 1, 1895. Interest payable Jan.
and July 1, at Trustee’s office. | ‘
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ea
Trustee—Guaranty Trust, Co.,. New York,
Control—See ist 5s above.
Secured by a first mortgage on (6) 138 miles of
road from Columbus, Ga., to Andalusia, Ala.
Bonds of this issue are,outstanding at the rate
of $7,200 per mile on a large and important branch
‘of the Cent. of Ga. Ry. ;
" Underlies—See Chattanooga Div. 5s aboye,.
Legal for Cal.
Listed on the New York Stock Exchange.
Market. :
New York—-Percy H. Bradshaw, Wm, A.C.
Ewen, Clark, Dodge & Co., Korn, Lehman & Co.
L. M. Prince-& Co., Wm. C. Wilson & Co.,
Redmond & Co. si
Baltimore—Baker, Watts & Co.
_ Philadelphia—C. C. Harnsoxi, Jr.,
Graham &.Co.
CENTRAL OF GEORGIA RAILWAY. CO.—
Middle Georgia & Atlantic Div. Ist 5s. Due
Jan. 1, 1947.—F.
See Map 16. 4
Dated Jan. 1,1897. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$581,000. A 3
Outstanding—$413,000 (Closed mortgage),
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—See Ist 5s. 4
Secured by a first mortgage on (7) 44 miles of
road from Covington to Eatonton, Ga., and a
second mortgage on (8) 21 miles of road from
‘Eatonton to Milledgeville. Bonds of this issue are
‘outstanding at the rate of $20,000 per mile on a
relatively unimportant part of the Central of
Georgia Ry.
Prior Lien—$168,000 Eatonton Branch 5s of
6. «
& Co.,
Underlies—See Chattanooga Div. 5s above.:
Listed on the New York Stock Exchange. -
Legal for California.
Market. :
New York—Wolff & Stanley, Wm. A. C. Ewen,
MeGeorge & Vanderhoef, A. S. H. Jones, Wood,
Struthers & Co. Sch
Baltimore—Baker, Watts & Co.
CENTRAL OF GEORGIA RAILWAY CO.
Equip. Tr. Series ‘‘H” 4Y%s. Due- $51,000
semi-annually Feb. and Aug. 1st each year
to Feb. 1, 1916.—F.
Dated February 1, 1906. Interest payable
Feb. and Aug. 1, at Blair & Co., New York.
Authorized—$1,020,000.. na
Outstanding—$102,000.
Balance Retired.
Denomination—Coupon $1,000. ,
Trustee—New York Trust Co., New York.
Secured by an equipment trust agreement on
460. box cars, 500 coal cars ,400 flat cars and; 50
ballast cars, costing $1,105,705, of which $85,705
was paid in cash by the railway Company.
Original Market—Oflered in 1906 by Blair &
Co., New York.
_ Market. :
New York—Bull & Eldredge, Coggeshall &
Hicks. 3 :
Philadelphia—Graham & Co.
CENTRAL OF GEORGIA RAILWAY CO.
Equip. Tr. Series ‘I’ 414s. Due $115,000
semi-annually on Jan. and July Ist to July
1, 1916.—F. : ki 3
Dated July 2, 1906. Interest payable Jan.
and July 1, at Kountze Bros., New York.
Authorized—$1,950,000...
Outstanding—$345,000.
Balance Retired. , Se
Denomination—Coupon, $1,000. a3
Trustee—Girard Trust Co., Philadelphia.
Secured by an equipment trust agreement on
40 locomotives, 514 bex cars, 1,000 coal cars,
costing $2,145,000, of which the railway com-
pany paid $195,000 in eash. ;
Original Market—Offered in 1906 by Kountze
Bros., New York, at par and interest. .
Market.
New York—Coggeshall & Hicks.
CENTRAL OF GEORGIA RAILWAY ' CO.
Equip. Tr., Series ‘‘K” 5s. Due $38,000
semi-annually on March and Sept. 1st, to
March 1, 1917,—F. : ras ae
Dated March 1,1907. Interest payable March
and Sept. 1, at Kountze Bros., New York. ot
Authorized—$760,000.
Outstanding—$152,000.,
Balance Retired. 5 :
Denomination—Coupon, $1,000. Registerable
as to principal. : ‘
Trustee—Girard Trust Co., Philadelphia. |
Secured by an equipment trust agreement
on 500 freight cars and 25 freight locomotives
costing about $880,000, of which about $88,000
was paid in cash, 3
Original Market—Offered in 1907 by Kountze
Bros., New York, at prices yielding 544%.
i Market. .
New York—Blair & Co., Kountze Bros., Free-
man & Co., Coggeshall & Hicks.
CENTRAL HUDSON GAS & ELECTRIC CO.
ist & Ref. 5s. Due June 1, 1941.
Tax exempt in New York. ‘
Dated June 1, 1911. Interest payable Jun
and December 1, at Trustee’s office, New York.
Authorized—$5,000,000.. .
Outstanding —$1,062,500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust Co., New York.
,Organization—-Incorporated in New York
April, 1911, as a consolidation of the Newburgh
Light, Heat & Power Co., the Hudson Counties
Gas & Electrie Co. and the Poughkeepsie Light,
Heat & Power Co. eee
Secured by a mortgage on plants supplying
gas and electricity to Newburgh and Pough-
keepsie, N. Y., and surrounding towns., The
property on which these bonds are secured: in-
cludes a new gas plant in Poughkeepsie and office
buildings and real estate in Poughkeepsie and
Newburgh. Population served, about 100,000.
Franchises in Poughkeepsie, and Newburgh are
perpetual. . chee Ags 7
Prior Liens—$1,105,000 bonds of absorbed
companies.
129
Net Earnings, 12/31/14..: $350,104
Interest.......... 02. 2cs ceases 111,243
Original Market-—$600,000-offered- July, 1911,
by James A. Hutchinson’ and Merrill, Oldham
& Co., Boston, at 100 and interest.
Market. "
Boston—James A. Hutchinson, Merrill, Old-
ham & Co., L. Sherman Adams.
CENTRAL-HUDSON STEAMBOAT CO.
5s. Due May 1, 1919.
Dated May 1, 1899. Interest payable May
and Nov. 1 at Trustee’s office.
Authorized and Outstanding—$500, 000,
- Trustee—Equitable Trust Co., New York.
Organization—lIncorporated 1899 in New York
as a consolidation of four Hudson River Steam-
boat lines.
Secured by a first mortgage ‘on a number of
steamboats plying on the Hudson River and on
all other property of the company including
docks, etc.
arket.
New York—Tobey é & Kirk, J. K. Rice, Jr., &
Co., Bigelow & Co.
Poughkeepsie—Atwater, Foote & Sherril.
CENTRAL ILLINOIS LIGHT CO. Ist & Ref.
5s. Due April 1, 1943.
Dated April 1, 1918. Interest payable April
1 and October 1 in New York Cit: ity.
Authorized—$15,000,000.
Outstanding—$3, 265, 000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to oe only.
Trustee—Bankers Trust New York.
Redeemable © at 105 and interest on any
interest date. -
Sinking Fund—Beginning April 1, 1917, and
annually thereafter, an: amount equal’ to 4%
1st
and
of the: aniount,; of these bonds. and underl: ing .
bonds ‘outstanding to be applied: to the’ \Tetire-’
ment of these bonds or for the ‘acquisitio
new property or for permanent extensions.
Organization, Control and ‘Management—In-
corporated in Illinois in 1913. Controlled by the
of
Commonwealth Power, Railway ‘&' Light Co.,
and under the management of AW Chk en
& Co., Inc., New York, and zB: WwW. C & Co.,
Philadelphia.
Secured by a ‘mortgage on the plants supply-
ing gas, electricity and steam heat in Peoria and
Pekin, Ill., and ° vicinity. ° “Population served,
100,000. Gas franchise’ in Peoria ‘expires’ in
i998, in Pekin is without time limit. Electric
franchise in Peoria runs to 1947. ° Franchises
elsewhere are of ‘Various denominations.’
Prior Liens—$2Z,500,000°Peoria Gas.& Electric
‘Co: 1st 5s, 1923 (which are being’ exchany ed for
these bonds) :and $170, 000 Citizens ras &
Electric Co. 5s, 1922.
“Net Earnings, 12/31/14...... ‘... $766,112
- Interest on present debt......... 296,750
Original Market—Offered in February, 1915,
by Drexel & Co., and E. W. Clark & Co., Phila-
vane. and Hodenpyl, _Hardy &'Co., ‘Ine., New
Yor
Market.
Philadelphia— Drexel & Co., Reed & Huntoon,
R. M. Stinson & Co.
Chicago—Hodenpyl, ‘Hardy & Co., Inc.
New York—Hodenpyl, Hard: dy Co., Ine.
Pittsburgh—Colonial Trust
CENTRAL ILLINOIS PUBLIC SERVICE CO.
1st & Refg: 5s. Due Aug. 1, 1952.—
Dated Aug. 1, 1912. Interest” payable Feb.
and Aug. 1, at Trustee's office.
Authorized—Additional bonds above $6,000,-
000 may be issued only in such amounts that
‘the net earnings for the previous year shall be
equal to at least one and one-half times all in-
ee charges, including interest on bonds to be
issued.
’ Outstanding —$3,202,000.
Deposited as Collateral—$3, 500,000.
'’ Denomination—Coupon, $1, 000. Registerable.
as,to principal. ° ’
‘Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. —
Redeemable at 1osan d interest on any interest
date.
Depreciation Fund—On Jan. 1, 1919, and an-
nually thereafter a sum equal to 2%, of out-
standing bonds shall be charged: to deépréciation.
Organization and. ‘Control—Incorporated , in
Illinois in 1910 and’ ‘originally operated | street
railways and electric and heating plants in and
around Mattoon, Ill... In 1912 name was changed
to present title, and company acquired control
of numerous other companies. Entire capital
stock is owned by the Middle West Utilities Co.
Secured by a mortgage on 15 miles of street
and interurban railway in Charleston, Mattoon
and Paris, Ill., and on plants supplying electric-
ity, gas, water, steam heat and ice in numerous
cities and towns in Illinois. The most impor-
tant of those served in one way or another are
the rere in all of which the Company is
supplying electricity: Charleston, heat and ice;
Carbondale, water and ice; Havana; Harris-
burg, water and ice; Jerseyville, heat; Mat-
toon, heat; Mounds, water and ice; Marion,
water and ice; Macomb, gas and ice; Mt. Ster-
ling;, Pana; Paris, gas, heat and i ice; Rushville;
Roseville, heat; Taylorville, gas and heat; To-
lono, ice; Tuscola, heat and water; and Ver-
sailles. Further secured by deposit of stocks
and bonds of several of the absorbed companies.
These bonds are secured by a first mortgage on
property producing substantially 53%, of the
gross earnings of the company. The company
serves more than eighty correc having a
population in excess of 200,
Prior Liens—$1,525, 500° ‘honda of absorbed
companies, of which $456, 990 are owned by the
‘Central Illinois Public Service Co.
Underlies— $1,257,000 6s, 1922.
Original Market—$3; 000,000 offered in ‘912
‘and 1913 by N. W. Halsey & Co., New York,
Chicago, EEUASSIDEIE a pet 95 and interest.
New York—N. We Halsey & Co., A. D. Con-
‘verse & Co., F. H: Hatch -& Co,, Chandler Bros.
& Co., Plympton, Gardiner & oe Wolff &
Stanley, Russell, Brewster & Co., H. D. Robbins.
Chicago—Hulburd, Warren & Chandler,
McCoy & Co. 27
Albany, N. ¥.—John J. Hart.
‘Boston—Sollers, Phillips & Co.
CENTRAL ILLINOIS UTILITIES CO. ‘Ist 6s.
Due $10,000 annually Oct. 1, 1916, to 1920
inclusive; $15,000 Oct. 1, 1921, to 1925 in-
clusive; $25,000 Oct. 1, 1926, to 1980 inclu-
sive and 397 6,000 Oct. 1, 1932.—F.
Dated Oct. 1, 1912. Interest payable April
and Oct. 1, at doe 's office.
Authorized—$2,5 000.
Outstanding. 8826, 000.
* Held in Treasury—$91, 000
Denomination—Coupon, $500 and $1, 000.
Registerable as to principal.
Trustee—Continental and Commercial Trust
and Savings Bank, Chicago. ©
2 Redeemable at 108 and interest on any interest
ate. -
Organization—Incorporated in Illinois in 1912
as a consolidation of a number of electric light
and power plants in North Central Illinois.
te L. E. Myers Co,, Chicago,
Secured by a first mortgage on all the prop-
erty of the company including plants supplying
electricity to Chatsworth, Fairbury, Forest, Piper
‘City, Gilman, Onarga,’ Watseka,: Milford, Pax-
ton, Saybrook, Gibson City, Arrowsmith, -Col-
“130
‘fax and other towns in general vicinity. Popula-
tion served about 20,000. Franchises have been
extended with ‘minor exceptions to 1962. -
Net Earnings, 12/31/14..,.......
Bond interes€:..... .
Other interest :
_ Original Market—$400,000 offered’ at
interest by Farson Son & Co., New York, ete.
Market. -
Cincinnati—Rudolph Kleybolte & Co.
New York—A. H. Bickmore & Co.
é Chicago—Russell, Brewster & Co., McCoy &
0. :
CENTRAL INDIANA LIGHTING CO. Ist &
ef. 5s. Due May 1, 1927.—F.
Dated May: 1, 1907. : Interest payable May
and Noy. 1,’at Trustee’s office. '
Authorized—$2,500,000. —° -
Outstanding—$728,500 ($529,500 of. these
bonds are owned by National Light, Heat &
Power Co. and deposited to secure collateral notes
of that Company).
Denomination—Coupon, $500 and $1,000.
Trustee—Columbia Trust Co., N. Y.
Sinking Fund—1 % per annum of gross earnings.
Guaranteed principal and interest, by the
National Light, Heat & Power Co. ;
Organization and Control—Iricorporated in
1907 in Indiana as a consolidation of the Peoples’
Gas, Electric Light & Heating Co. of Blooming-
ton, Ind., and Columbus Street Ry. & Light Co.
Controlled through stock ownership by the Na-
tional Light, Heat & Power Co. coe
Secured by a first mortgage on street railway
system and plant supplying electricity in Colum-
‘bus, Ind., and a mortgage on plants supplying
gas, electricity and steam heat in Bloomington,
‘Ind. Population served about 20,000. Fran-
-chises in Columbus perpetual, in Bloomington
expire in 1931 and 1932. Ds :
Prior Liens—$137,000 Peoples’ Gas, Elect. Lt.
& Heating Co. serial 5s, which are being retired
by sinking fund payments. .~ bE Oe
Net Earnings, 12/31/11. ‘$44,922
_ Interest. .......... gute diabach eens 38,67:
Original Market—First offered by A. H. Bick-
more & Co.; New York. :
Market. 2
New York—Hotchkin & Co., J. K. Rice, Jr., &
Co., Tobey & Kirk, John W. Christiansen, A. H.
‘Bickmore & Co: A
; Boston—Burgess, Lang & Co., F. W. Mason &
Co.
“ " Chicago—Hulburd, Warren & Chandler.
CENTRAL INDIANA RAILWAY CO. Ist 4s
Due May 1, 1953.—F. Hi a
See Map 42. :
Tax free in Indiana. - #
Dated May 1, 1908. ‘Interest payable May
‘and Nov. 1, at Central’ Trust Co., New York.
Authorized—$4,000,000.
Outstanding—$1;500,000° ($750,000 owned by
the Pennsylvania Co.) : :
Denomination—Coupon, $1,000. _ Register-
‘able as to principal only, or fully registerable.
Guaranteed—The $750,000 .in hands _ of
‘public, formerly owned _by the Cleveland, Cin-
cinnati, Chicago & St. Louis Ry. Co., are guar-
anteed as to principal and interest by that com-
pany, by endorsement. |
5. Trustee—Central Trust Co., New York. |
© Controlled ‘jointly by the Cleveland, Cincin-
‘nati, Chicago & St. Louis Ry. Co. and the Penn-
sylvania Co. through stock ownership.
Secured by a first mortgage on (1) 118 miles of
road from Muncie, Ind., to Waveland, Jct. and
from Sand Creek. to Brazil, Ind,, and a first lien
on trackage rights over the Vandalia R. R. be-
tween Waveland Jct. and Sand Creek, 10 miles.
Bonds of this issue are outstanding at the rate of
11,800 per mile.. The ‘road: covered ‘is not of
much importance to either of the systems which
eontrol_it,:as they both have other lines entering
the important cities served ‘by this‘ road, except-
‘ing Brazil, which is. not served by any other
line of the New York Central System. iH
Deficit after operation, 12/31/13... , $65,784
Interest.......... ee 60,981 —
_ Original Market—Offered in 1904 by Domi-
nick & Dominick, New York, at 9714 and interest.
4 Market. Be gt al
New York—G. W. Walker & Co., Perey H.
‘Bradshaw, Coffin & Co., Gilman &. Clucas,
Blodget & Co.
: Chicago—Hulburd, Warren & Chandler.
CENTRAL IRON & COAL CO. Ist S. F. 6s.
Due Aug. 1, 1938.—F. .
Dated Aug. 1, 1908. Interest payable Feb.
land Aug. 1, at Central Foundry Co., New York.
. Authorized—$2,000,000.
Outstanding—$1,257,000.
. Retired by Sinking. Fund—$67,000.
‘Held in Treasury—$174,000.
Owned by the Central Foundry Co.—$435,000.
Denomination—Coupon, $1,000. .
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on 90 days’
notice. ‘ ;
Sinking Fund—5 cents per ton of coal; 8 cents
per ton of brown iron ore; 10 cents per ton red
iron ore mined by the company.
«. Controlled ‘by ‘the Central Foundry Co.
-through ownership of the entire $1,000,000
eapital stock, which is deposited under the 1st 63
of that company. i i
Secured by a first mortgage on all the property
of the Company, including 7,400 acres of coal
and_iron ore land and 500 acres of mineral rights;
blast furnace, coke ovens, houses, stores, etc.,
located in and around Holt, Ala.
Original Market—Offered Aug., 1908, at 8744
and interest by F. 8. Smithers & Co., New York.
feo Gg “ Market. ‘
»~ ‘New York—F..S. Smithers & Co., J. K. Rice,
Jr., & Co., Peters & Salisbury. -
CENTRAL LEATHER COMPANY Ist Lien
20-year 5s. Due April 1, 1925.—F.
Dated ‘April 1, 1905. Interest payable April
and Oct. 1,. at Central Trust Co., New York.
Authorized—$45,000,000. .
Outstanding—$35,012,150. '
Denomination—Coupon, $1,000. Register-
‘able as to‘principal,'or fully registerable.
Trustee—Central. Trust. Co., New York.
Organization—Incorporated in New. Jersey,
in 1905,.and has absorbed the properties. of a
large number of tanneries, etc., including the
“properties of: the United States Leather Co.
‘Also owns the entire capital stoek of other com-
panies, including N. R. Allen’s Sons Co., Union
Tanning Co: and Cen. Pennsylvania Lumber Co.
Secured by a mortgage. on all the property
directly.owned by. the Company and by deposit
with the Trustee. of stocks and bonds of sub-
sidiary companies of a par value of about $64,-
000,000. . The. property covered by this mort-
gage includes over 90 tanneries, 13. saw mills,
glue factories; ‘warehouses, etc,, valued at over
- $20,000,000, 236 miles of railroads and 65 miles
of train roads, locomotives and. other equip-
ment -valued at over $3,800,000; real estate in
New York City; Boston-and Elizabeth, N. J.,
valued at about $1,500,000; -546,000 acres of
timber lands, valued at over $39,000,000. The
Company’s chief product is sole leather. There
are no outstanding ‘bonds on any of the prop-
erty of the subsidiary companies.
Net Earnings, 12/31/14....... -. $6,715,131
Interest sii ieco-anies ase pt acascratfn test ,838,208
‘ Listed on the New York and Boston Stock
' Exchanges.
abe Market. fecal
New York—Bigelow & Co., J. §. Bache & Go.,
‘Bemermeond & Haas, J.. H. Becker, & Co., Tobey
irk. in, © Pipe. S
“181
“CENTRAL MAINE POWER CO. Ist 5s. Due
Nov. 1, 1939.—F.
Dated Nov. 1,--1909. .. Interest payable May
1 and Nov. 1, at "Trustee’s office.
“Authorized —$5, 000,000. |
Outstanding—$3, 076, 000.
: Denomination—Coupon, $1,000. ahiegiitereble
-as to principal. Se
wooo Street: Trust Co, Boston,
io ie at 105 and interest. on and ‘after
ov. 1
Sinking Fund—Annually 1% of outstanding
bonds from Nov. 1, 1919, to 1929, and 2% there-
after. Bonds to’ be ‘purchased or: redeemed. at
not exceeding 105 and interest and cancelled.
‘| Organization—Incorporated in Maine in 1905
and is a consolidation of a number of water power
and electric lighting properties in Maine supply-
ing the following towns: Oakland, Augusta,
Winslow, Pittsfield, Benton, Skowhegan, Dexter,
Vassalboro and Bingham. Also owns the entire
eapital stock of the Waterville & Oakland Street
Ry. Co., Union Gas & Electric Co. (Waterville,
Me.), ‘Solon’ Electric Co.,‘ Clinton. Electric Co.
and the Waterville, Fairfield. & Oakland Ry. Co.
Secured by a mortgage on the entire property
of the company including hydro-electric: plants
on the Messalonskee, Sebasticook and Kennebec
Rivers; reserve steam generating plants of 5,000
‘h. p.; “plants supplying gas and electricity. to
Augusta, Hallowell and Gardiner, Me., and .elec-
tricity to’ Waterville, Winslow, Pittsfield, Ben-
ton and a number of other towns with ‘a ‘total
population of over’ 70;000; 250 miles of, .trans-
mission lines;' additionally: secured by deposit
with the. Trustee of the entire capital stock:. of
the companies mentioned under “‘Organization”
above. The property of these controlled com-
panies include 109 miles of electric railway
extending from Oakland through Waterville to
Fairfield and_ plants. supplying gas and elec-
tricity to Waterville, Me. Franchises are
unlimited as to time. |. -
Prior Liens—$600, 000 - ‘Kennebec Light &
‘Heat Co. and ‘other ‘bonds. ‘
Underlies—$600,000 ‘Notes 1918.
Net Earnings, 12/3 1/14
Interest
Legal for Maine. -
Original Market—$1, 000, 000 offered March.
1910,'at 98 4 and interest, by N. W. Harris & Co.,
and Perry, Coffin & Burr, ‘Boston, Harris, Forbes
& Go.;' New York, and Harris Trust & Savings
Bank, Chicago; $500, 000 additional offered by
same ‘farms Sept., 1911, at 97144 and: interest
Mark ket. :
' New York—Harris, Forbes & Co., Berdell
Bros., Perry, Coffin & Burr, John D. .Curtis
& Co., Gude, aaa & Co.
Boston—N. Harris e Co., ‘Perry, Coffin &
Burr, Geo. L. Was Ww. L. Raymond & Co.,
Geo. A. Fernald & Co., L. Sherman Adams,
Walter S. Place, Hornblower & Weeks, F.. B.
Bassett & Co., F. W. Mason & Co.
Chicago—Harris_ Trust & Bank.
Albany—Henry J. Prince.
Portland, Me.—Chas. H. Gilman & Co., May-
nard S. Bird & Co. ., Chester H. Pease, H. M.
Payson & Co.
Providence—Brown, Lisle & Marshall.
‘CENTRAL MARKET STREET RAILWAY CO.
1st 5s. Due Jan. 1, 1922.—.
Dated Jan. 1, 1902. "Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$425,000.
Held in Sinking Fund—$75,000.
Trustee—New York Trust Co., New York.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Redeemable as a whole at 110 and interest on
60 days’ notice.
$295,391
156,201 -
. Savings
‘Sinking Fund—5 % of ore earnings per annum
payable from Dee. 31, . Bonds acquired
are kept alive and interest added to this fund.
Organization and Control—The,;. property of
this company was acquired under foreclosure
sale in 1906 by the Columbus Traction Co. The
name of latter, company was changed to Colum-
bus Ry., Pow. & Let. Co. in 1913.,
Management—E. W. Clark Management Cor-
poration.
Secured by a first mortgage on 13 miles of
street railway track in. Columbus, O.,, extending
on Summit and Hamlet Streets from the northern
city line to Mt. Vernon St..in the center of the
ity, .and: on, .Rich..Street from. Hamlet to 5th
Sts. to Mohawk, Jaeger and Fourth Streets, with
a loop: in. the southern end of the City. The
road is not continuous, but has a gap ‘of about
four blocks in the center of the city. The fran-
ehise for, this line expires in 1927...
Earnings—-Owing to’ consolidation no signifi-
eant statement of cussing is available.
Legal for Md. and N. H.
Original Market—First., offered by, E.. H.
Rollins & Sons and Edgerly & Crocker, Boston
and Ristine & Conklin (now F.P. Ristine & Co.)
Philadelphia.
Market.
Philadelphia—F. .P. Ristine & Co., Robt. D.
Ghriskey ‘& Co., B. W. Clark & Co., Oscar R.
Dare, Geo. N. Fleming, Rufus Waples & Co.,
Geo. S. Fox & Sons, S. K. Phillips. .
ueete nae H. Rollins & Sons, F. Ww. Mason &
‘New York—J. H. Becker & Co.
CENTRAL MEXICO ‘LIGHT & POWER CO.
1st S. F. 6s. Due Jan. 1, 1940.—F.
. Dated: January. 1, 1910. Interest payable
Jan. and July 1, at Old Colony Trust. Co., Boston,
and Wm. P. Bonbright &. Co., New York.
Authorized—$2,500,000. -
Outstanding—$1,! 800 ,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
:Trustee—Old Colony Trust Co., ‘Boston.
«(Redeemable at 105 and interest on any
interest date on and after Jan. 1, 1915.
Sinking Fund—Annually 1% "of ouistending
bonds, from Jan. .1,,1915, to Jan. 1, 1924; 2%
from Jan. 1,,1925 to vane f 1933; and 4% ‘trom
Jan. 1, 1933 to Jan. 1 aa. for the purchase or
redemption, of bonds at not. exceeding .105, and
interest. Bonds so acquired to be cancelled. -.
Guaranteed, principal and interest by the
Geeraae 4 Power & Electric Co. by endorse-
ment.
Organization and ‘Control—Incorporated in
Maine in 1909 and acquired the electric light
and power distributing systems supplying
Leon, Irapuato, Silao, Celeya-Salamanca and
San Luis, all in' the State of Guanajuato, Mexico,
and other towns. The Guanajuato Power &
Electric Co. owns the entire ($1,500,000) com-
mon stock. :
. Secured by a first mortgage on all the property
of the Company. and including the distributing
systems. supplying. the above towns with a
population of over 200,000. Franchises. are
perpetual.
Net Earnings, 12/31/13.......... $219,608
Interest... 0.0 cc ee asa es cae eee 115,000
Original Market—$1,800, 000 offered in 1910,
by Wm. P. Bonbright & Co.,, New York, and
Kennett, Cowan & Co., Chicago, at 95 and
interest with 20 % stock bonus.
Market.
New York—Wm. P. Bonbright & Co., S. L.
Snowden.
Boston—F. W. Mason & Co.
CENTRAL NEW ENGLAND RAILWAY CO.
. .. Ist 4s. Due Jan. 1, 1961.—F.
See Map 86.
132
Dated dem 1, 1911. I
and July _1,:'st. ‘Ling ool National Bank, hued
York, or Fifst: Juitiopal eh Boston.
Authorized—$25,00 000, oe
Outstanding—$144, “a 00.
Denomination—Coupon, $1,000.' Registerable’
as to principal. Registered $10,000 and multiples.
C. & . interchangeable.
‘Tristee—Farmers? Loan & Trust Co., New’
cnet payable Jan.
‘Redeemable at 105 and interest on any interest
date on and after Jan. 1, 1921.,
Guaranteed maine and interest by the New
York, New Hayen & Hartford R. R. Co. by
endorsement. '
Organization and Control—Incorporated in
New York in 1899. The New York, New Haven-
& Hartford R. R. Co. owns practically all of the
preferred stock, and a large majori ity of the
common stock.
Secured by a first magrteage < (2) 137 miles of
SS bom Cam mappell, Hall, to State Line,
Y., Conn., Dutchess Teen to piston Corners,
and branch and on the bridge across the Hudson’
River at, Poughkeepsie, ‘which cost more than
$7,000,000 to build: and by a second mortgage'on
(3) 12 miles of toad from Poughkeepsie to Hope-
well Jct., N. Y., subject to a prior lien at the rate
of $24, 060 per mile. In addition to the road cov-
ered by this mortgage the Company leases and
operates 120 miles additional from Rhinecliff,
. Y. to Hartford, Conn., and Agwam Jct., near
Springfield, Mass.
These bonds are outstanding at the rate of
about $105,000 per mile. If allowance is made
for the’ ‘value of the bridge, figured at’ ‘two-thirds,
its original cost, the rate at which bonds are’
outstanding is ‘reduced to $73,000 per mile. The
bridge is the only one crossing the Hudson River
below Albany. The road covered by this mort-
gage, in connection with other lines operated
by, this Company, aud giter companies controlled
by the 'N. Y., N . Co. forms the
only all rail route Piepuesd ‘the anthracite cola
fields of Pennsylvania and New England. |
Prior Lien—$287,000 ‘Dutchess County R.'R.
Bonds. fj
Net Earnings, 6/30/14......... $1,149,267°
aDriter eat cretucedvn ar anveqe oo taeayayeis "919,246
y
“Listed on the New York Stock Exchange. i
Sper Conn., Fla., Me., Mich., Minn., N.'H.,
an
Original Market—$11,927,000 offered in 1911,
by J. P. Morgan & Co., ‘National ‘City Bank and
the First National Bank, New York, at 93 14 and
interest.
Market. ‘
New York—Wnm. A. Read & Cox, Coffin & Co.,
Folsom & Adams, Gilman & Clucas, A. M. Kid-
der & Co., Hartshorne & Battelle, Effingham
Lawrence & Co., Tobey & Kirk, L. M. Prince-
Co., Curtis & Sanger,.F. J. Lisman & Co., New-:
borg & Co., C. A Frank & Co., Samuel’ Gold-
sehmidt, Wood, Struthers & Co., Redmond & Co.
New Haven—Kimberley, Root & Co., Chas.
W. Scranton & Co.
Boston—Wm. A. Read & Co.
CENTRAL NEW YORK GAS & ELECTRIC co
1st S. F. 5s. Due July 1, 1941.—F. -
Tax exempt in New York ahd Perinsylvania.
Dated March 15, 1911. Interest payable Jap
and July 1, at Trustee’s office.’
Authorized—$2, 000,000.
Outstanding—$892, 000. ‘
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee —Philadelphia ‘Trust, Safe Deposit &
Insurance ‘Co., Philadelphia.
Redeemable at 105 and interest on any interest
/
sinking Fund—1% per annum of outstanding
bonds beginning 1916.
Organization and Control—Incorporated fin
New York, 1911, as a consolidation of two electric’
companies and one gas Sy the Bi ‘Controlled’
through stock ownership _by the Empire, Gas. &
Electric Co.
Secured by a first imokteage on all the property
of the Company ‘inclading oes supplying,
gas and electricity in Newark, Lyons and Palmyra
N. Y.; plants supplying electricity in Seneca
Falls, Palmyra, Clyde, Waterloo and Phelps,
N. Y., and plants supplying steam heat in
Geneva and Newark. Also includes 8 generating
stations, one hydro-electric plant .at ‘Lyons and
transmission lines connecting the various towns
named. ‘The company has re¢ently completed
a gas pipe line from, Syracuse to Lyons, and is
now purchasing gas from the Solvay. Process
Co., which has resulted in considerable reduction
in the cost of gas. Population served about
45,000. Franchises are either unlimited in time
or extend well.beyond maturity of bonds. .
Oe achaiaiia as 000 6% 2nd lien notes of
oNet Earnings, aapelsas . $119,655
Interest ..
This Issue 39, 172
Original Market—Offered 1911 by W. C.
Langley & Co., New York, at 97 and interest, and
in 1914 by the same firm at 9644 and interest.
Market.
poate es L. Nason & Co., F. W. Mason &
hex York—Coffin & Co., L. F. Hepburn, W. C.
Langley & Co., Foster & Adams, Miller & Co.,
Kirkpatrick & ‘Lewis.
New Haven—Clarence E. Thompson & Sons.
CENTRAL NEW YORK GAS & ELECTRIC
CO. 6% Notes. Due April 1,,1916.—.
Dated March 15, 1911. Interest payab e
April and Oct. 1, at Trustee’s office.
Authorized—$150,000.
Outstanding—$150, 000.
Denomination—Coupon, $500 and $1,000.
Trustee—Columbia-Knickerbocker Trust Co.
Redeemable at par on Oct.,1,,1915, and any
interest date thereafter.
Secured by a second mortgage on the property
covered by the ist f 5s of 1941 which see above.
Prior Lien—$892,000 a a =e wae
Net Earnings, 12/31/1 3. - te 655
Tmberest ei sccccona susan yee nie nwrsee 48,172
Market.
Boston—H. L. Nason & Co.
New Haven—Clarence E. Thompson & Sons.
mil & aan Ws C. Langley & Co., Gude, Win-
0 :
CENTRAL OHIO RAILROAD 0. Cons. Ist
Due Sept. 1, 1930.
See Map
Dated T ubust 30, 1886. Interest payable
March and Sept. 1, at Company’s office, 2 Wall
St., New York.
“Authorized—$2, 500,000.
Outstanding—$1, 009,000. -
Deposited under B. ‘= O., P. Jct: & M. Div.
Mtge.—$1,491,000.
_Denomination—Coupon, $1,000.
‘Trustee—Mercantile Trust & Deposit Co.,
Baltimore.
Control—The Baltimore & Ohio R. R. Co.,
owns the entire capital stock and $1,491, 000
bonds of this issue all of which’ are deposited
under the B. & O., Pitts. Jct. Mid. Div. 3 4s.
Secured by a first mortgage on (1) 144 miles of
road from Bellaire to Columbus, O., Bonds of
this issue are’ outstanding at the rate of $16,700
per mile, of which those in the hands of the pub-
fie are at the rate of $7,400. The road covered
is the only entrance of ‘the B. & O. R. R. into
Columbus, O., from the East. ‘
Underlies—$50,000,000 Pgh. Jet. & Mid.
Div. and Pgh., L. E. & W. Va. bonds, bonds
133
being reserved under the latter seen (Ber:
quire or retire. these, bon a
Legal for Balt, Me, ai es
Listed on the New Yi : ‘Stock Exchange.
arket.. ..
New York—Redmond & Co., Wim: C. Wilson, ,
Wm. A. C. Ewen, Spencer Trask-& Co., L. M.
pane & Co., ‘Didrichsen’ & Co., Penegnecad &
aas, ; _*
CENTRAL PACIFIC RAILWAY co. 80-Year
. F. 344s. Due Aug. 1, 1929.—
See Map:118.
Dated August 1, 1899. Interest payable June:
and Dec. 1, at 165 Groseeays New ‘York. -
. Authorized—$25,000,000.
Outstanding—$12, 201, 500.
Retired. by Sinking Fund and sale of pledged.
Securities—$12,598,500.
Denomination—Coupon, $1, 000 and. $500.
Registerable as to principal only, or-fully regis-
terable. Registered, $1,000 and multiples. | _
Trustee—United States Trust_ Cos; New: York.
Sinking Fund—Beginning in 1900 and annually
thereafter, the Company agrees to set apart-out
of its net earnings the sum of $25,000 to be ap-
Blied to the purchase of these bonds at the. lowest
price. offered. .
The proceeds from the sale of securities pledged’
as security for these bonds are also to be applied
to their purchase at not exceeding par and in-
terest. Ifnot obtainable at that price, the com-
pany as the option of buying these bonds or 1st’
efg. 4s.
Guaranteed principal and. ‘interest by the
Southern Pacific Co. by endorsement.
Secured by a first mortgage on 7,225,000 acres
of land, which include all of the original grants
to the company, remaining unsold. Also secured
by" a first lien on-all securities acquired by any
sinking fund of the-Central Pacific Ry:, but only-
when such securities have been released from
the lien.of the mortgage under the sinking fund
of which’ they ‘were acquired. “These amount to
$5,670,000 securities and $174,000 in ‘cash. Fur-
ther secured by ‘a: seconc lien on ‘property de-
scribed under ist Refg. 4s above.’ Without any’
allowance being’ made for land- or securities,
these bonds are outstanding at the rate of $9,100’
per. mile. on*the road covered.
Prior Lien—$99,000,000 1st Ref. 4s.
Earnings—See 1st -& Ref. 4s above.
Listed on the New. York Stock Exchange.
“Market.
New YorkK—Chas. D.°‘Barney & Co., Blodget
& Co., Newborg & Co., Eyer & Co., Hartshorne
& Battelle, Knauth, Nachod & Kuhne, Ladd &
Wood, Henry Zuckerman & Co. -, Wood, Stru-
thers & Co.,’ ., Seasongood & Haas...
CENTRAL PACIFIC RAILWAY CO. 1st Ref. 4s.
-Due Aug. 1, 1949.—F.
~ See Map 118.
Dated August 1, 1899. : Interest. nagubte Feb.
and August 1, at 165 5 Broadway, New York.
Authorized—$100,0 00.
Outstanding—$98, 8 33,000.
Retired by Sinking Fund—$1, 007,000...
Denomination—Coupon, $500 . and “$1,000.
Registerable as to principal only, or fully regis-.
terable. Registered $1,000. and , multiples.
Trustee—Central Trust Co., New York. --
Sinking Fund—$25,000 per annum for the
purchase and cancellation of these bonds.:
Guaranteed as to principal and interest by the’
Southern Pacific Co., by endorsement.
Control—Property of the Company leased |
to the Southern Pacific Co. for 90 years from,
1894 and its $67,275,000 common and $17,400, 000.
prelaced stock are owned by the latter company.
n the decree of the United States Supreme
Court, ordering the Union Pagific Ry. Co.
to divest. itself of control of the Southern Pacific
134
Co.,- the Saunt, suggested the propriety of the
Union Pacific Ry. Co acquiring control of the
Central Pacifie Ry. Cd, .as the, road, of the latter
company ‘is virtually a continuation of that
of the former. No definite steps in this direction
haye been taken as. yet.
Secured b y a first mortgage on (3) 1,349 miles |
of road including line from Ogden, ‘Utah, to Oak-"
land, Cal., with- branches to San_ Jose, Goshen’
Jct., (near Fresno) and the ‘California-Ore om
State Line, . Bonds of this issue are outstan
at the rate of $74,000 per mile’ on one of the
most important, lines in ‘the “United States,
constituting ‘a part of the shortest road between
San Frantisco and the East, ahd of the only
road between North and South . Pacific coast
points.
Underlies—$12, 400,000 848, 1929.
Net Earnings, 6/30/14 +. $11,476,657”
Interest... este ke kh yes F 8,816; 233
Legal for Balt., Cal., Me. Mieb., Minn” Mo:,
, N. Y., R. I. and Wis.
~ Listed on the New York, London and Amster-'
dam Stock Exchanges. ~ 2
arket.
New York—Harris, Forbes & Ce., Redginad, &
Co., Herrick ,& Bennett, Crawford, Patton &
Cannon, Korn, Lehman & Co., L. M. Prince &
Co., Folsom & Adams, Blodget & Co., Bull &
Eldredge, oars, Fisk & Sons, J. S, Farlee &
Co., J. 8. Bache’ &, Co., Hartshorne & Battelle,
Beverley, Bapert & Co., ‘Wood, Struthers & Co.,
Speyer & Co., Callaway, Fish & Co., Eastman,.
Dillon. & Co., ‘Seasongood & Haas, Ernest ‘Smith
Boston—N. W. Harris & Co.
‘Philadelphia—Henry & West, E. Ww. ‘Clark &.
Co.
Chicago—Harris rust & Savings Bank,
‘Omaha ity Trust Co..,
eee
CENTRAL PACIFIC RAILWAY CO. Through
Short Line Ist 4s. ° Due. Det.’ A, 1954.—F.
“See, Map 118. gi
“Dated October ae 1904. I “est | nevenle April’
and Oct. 1, at 165 Broadway,- New York...
Authorized—$10,000,000 oe
Outstanding—$9,640, 000. :
Denomination—Coupon, $1,000. ‘Revisleriile
as to principal only, or fully Eee uct able. Regis-
tered, $1,000 and multiples. C . & R. interchange-
able.
‘Trustee—Guaranty Trust Co., New York... ,
Redeemable at 107}4 and-interest on any in-;
terest date upon 60 days’ notice. " .
Guaranteed principal and interest by the
Southern Pacific Co. by endorsement.
Secured by a first mortgage on (8) the road
known as the 'Ogden-Lucin Cut-Off,” 103 miles
in. length, from Umbria to West ‘Webber, Utah.
Bonds of this issue are outstanding at the rate of
$96,000 per mile on a line which shortens the
through line from Ogden to San Francisco some
forty miles, and does away with an extremely
heavy grade. More than 30 miles of the line is
built on a trestle, over Great Salt. Lake. Prac-
tically all through oor! between the East and
San Francisco over the Union Pacific 7 hog and
connecting lines use this cut-off.- 5
Earnings—See ist & Ref. 4s above:
Listed on the New, York and Amsterdam Stock
Exchanges. ..
Legal for Cal. is “Me., Minn., Mich., Mo., N. J.
R. I. and Wis.
Original Market—Underwritten, i in 1904 bv
Kuhn, Loeb & Co,, New ‘York, .”
Market..
New .York—Korn,
Lehman & Co., A.- E.
Fitkin & Co., Hartshorne & Baitelle, Struthers &
Hiscoe, F. J, Lisman & Co., A. S. H. Jones, L. M.
Prince & Co., E. Bunge & Co., Tobey & Kirk,.
Percy. H. Bradshaw, Herrick & Bennetts E.& C.
Ran olph, Samuel Goldschmidt.
Biecolelie- Benny & West. — ‘
Cees PU AESEN GES RAILWAY. (PITTS-
“BURGH) Ist 6s." Due, October 1, 1924.—N.
' Dated sTitcne 1,. 1894,
April 1 and October 1 at ‘Trustee’s office.
Authorized and Outstanding—$125,000..
Denemination—Coupon, $1,000.
as to principal only...
Trustee—Union Trust Co., Pittsburgh, Pa.
Guaranteed as to principal and interest by
the Central Traction’ su
Control—All of’ the- stock. is owned by ‘the
Central Traction Co. ° Practically all of there stock
of that company is owned: by the Consolidated
Traction. Ce., yet is, in turn, controlled by the
Philadelphia..Co., and operated by the Pitts-
burgh Rys. Co. under an operating agreement.
All.ef the stock of the Pittsburgh Rys. Co. is,
owned by the Philadelphia Co.
Secured by a-first mortgage on about 10 miles
of street railway track,in. the center af. .Pittsburgh,.
proper. The road commences on ‘Sixth Ave.
at Smithfield St., and extends on Sixth Ave. to
Wylie Ave. to Fullerton St,,to Center Ave. to
Penn. Ave.. Also from Wylie ave. on Fullerton
St. to Bedford ‘Ave. to Herron Ave. to Center
St. Also from Bedford’ Ave. on Roberts Ave.
to Linton St. to Mahon‘St. to Herron Ave. .
Uaderliee ae 000 Central Traction, Co. 5s,
Market. oH
Pittsburgh—H. P. Taylor & Co. wiles
Buffalo—H. P. Taylor & Co. :
New York—H. P. Taylor’ & Co. '
CENTRAL RAILROAD & BANKING CO. OF
aeons Coll. Tr. 5a. Due May 1, 1937.
Betet ‘May 2,,1887. Interest. payable.May
and Nov. 1, at “Guaranty. Trust Co., New York.
Authorized—$5,000,000.
Outstanding—$4, 840, 000 (Closed, mortgage).
Denomination—Coupon,, $1,000. . Registerable.
as to principal.
Trustee—Central Trust Co., New York. ., ;
Redeemable at 110 and interest on six months’
notice.
Control—Property of company acquired ; in
1895 under foréclasure sale by the Central of
Georgia Ry.’ Co. The entire capital stock of
latter. sampany is owned by the Illinois Cen-
tral R. R. Co...
Secured by a first lien ‘on "$1,995,000 of the
$2,000,000. stock of the Ocean~ Steamship Co.,
which operates. between. Savannah, Ga,., and
New York, and Boston, and owns, subject to
$1,000, 000 ‘bonds, a large fleet of modern, steam;,
ips, and ‘valuable terminals in Savannah-
whieh stock, at the time deposited, was valued.
at, $250 per. share; on the entire capital stock
($1, 500 000) of the Western Ry. of Alabama,
owning 130 miles of road from West Point, Ga.,
through Montgomery te Selma, Ala., subject to
$1,543,000 bonds; $145,400 of the $2,500,000 stock
of the Atlanta & West Point R. R. Co., owning
86 miles of road from Atlanta to. est, Point,
Ga., not mortgaged; and $1,589,000 out of
$2,380,000 Income bonds of the Charleston &
Western Carolina R. R., which owns 340 miles
of road from Port Royal, S. C., to Augusta, Ga.,
and Greenville, Anderson and Spartansburg,
S. C., subject to $2,720,000 1st Mtge. bonds.
This latter road is controlled ‘by the Atlantic:
Coast Line Company. No interest has been
paid on the income bonds since.1911. The road
is bonded at the rate of only $15,000 per mile,
neluding this issue.
Underlies—$25,000,000 Cent. of Ga. Ry. 1st
5s and Consol. 5s.
Listed on the New York Stock Exchange.
Mar! os
New York—Coffin & Co., S. Bache & Co.,.
Korn, Lehman & sure A.M. Kidder & Co., Eyer
& Co., MeGeorge & Vanderhoef, Struthers &
Taterest payable
Registerable
Hiscoe,, eee & Co., Seasongood. & Haas, ,
Redmond & Co,, L. M. Prince & Co.. ;
CENTRAL. RAILROAD’ COMPANY OF N. J.
Gen: 5s: : Due: ‘July:1, 1987.—F.
See Map 106:
' Dated July 1, iss7. Interest payable. Coupon,
Jan. and. July 1, at Liberty National Bank, New:
York; and: Registered. eh Apr., July. and Oct. L..
Authorized—$50,000
Outstanding— $43,824, 000.
In Treasury—$1,167,000.
Dab ee $1,000. Fully regis-
terable. Registered, $500,'$1,000, $5, 000, ee 000
and $60,000 each. j
, Trustee—Central ' Trust Co., New Yor
‘ Control—The Reading Co. owns Soi e04, 000
of the-$27,436,800 capital stock outstanding.
Secured by a direct first. mortgage on (1) 157,
miles of road from Jersey City to Phillipsburg,
Jersey City to Newark, Newark to Perth Am-
boy, High Bridge to Port Oram, Somerville to
Flemington, and branches, and a first lien on all
of the securities of companies owning (2) 215,
mules of road, including tha line from. Red Ban
to Bay. Side and branches to Freehold, Lone
Branch, Barnegat and Bivalve. All of the mile-
age covered i is in New Jersey. The lines covered
by a direct lien form the main line of the road,,
and afford the Reading, System its only entrance
into New York, and also give a line to tidewater
from the very,extensive anthracite coal mines
controlled by C., R. of N. J. ‘The road
covered, by a collateral lien is not directly con-
nected to that covered by a direct hen, but the
Central R. R. of N. J. owns one-half of the stock
of the New York & Long Branch R. R. Co.,
which connects the two parts of its system. The
road on which these bonds are a collateral lien
extends from Sandy Hook’to the southern end
of New Jersey, and is part of the shortest rail
line between ‘New York and Atlanti¢e City, N. J.
Bonds of this issue are outstanding at the rate
of $118,000 per mile.
Report— ear ended June 30: ane
» 1913-14. *
Gross'Earnings..........-..-. » $27,372,315
Net Earnings * 9,589,270
Net Income...... 11,027,946” “
Rentals. ..... 2,684,639" ._
“Interest. ...., 2,619, 373
* DiVidenGs,. 6 oekssi Veaeiw th ¥e 3,292,416
SUP PG i256. is casi egessisreca ace $2,481,518
Legal "or Balt., Cal., Conn., Fla., Me., Mass.,
Mich, , Minn., N. i. N. J. N- Yo R. L.. Vt. and
“Tisted on the New York Stock Exchange.
Market.
New York—Percy H. Bradshaw, Struthers &
Hiscoe, J. S. Bache & Co., Sutro Bros. & Co.;
Coffin & Co., Jos. Walker & Sons, Clark, Dodge
& Co., Bot & Eldredge, Blodget & Co.,'Freeman
& Co., L. M. Prince & Co., Kean, Taylor & Co.,
Redmond & Co., Newborg & Co., "Ladd & Wood,
Hartshorne & Battelle, Remick, "Hodges & Co.,
Jacobson & Friedman, J. ‘Becker’ & Co.,
Douglas Fenwick & Co., ‘Hotehkin & Co., Eyer
& Co., E. & C. Randolph, Seasongood & "Haas,
Ambrose R. Clark, Rauscher & Childress, Simon,
Borg & Co., Harvey Fisk & Sons, Wood, "Struth-
ers & Co., Eastman, Dillon & Co., Gude, Win-
mill & Co.
. Philadelphia—S, K. Phillips, Borden & Knob-
lauch, Montgomery, Clothier & Tyler, Henry &
West, Elkins, Morris & Co.”
i Boston—R. L. Day .& Co.
Newark-—ds 8. Rippel.
CENTRAL RAILROAD OF PENNSYLVANIA
1st Ext. 3s. Due May 1, 1923.
. See Map 106. .
' Dated ay 1, 1893. Extended from 1908
136
and-interest reduced from 6%, Interest payable.
May and Noy. 1, at Trustee’s office. : a “
Authorized—$1,200,000.
“Outstanding—$600,000. .
Denomination—Coupon, $500 and $1,000.
Trustee—Fidelity Trust Co., Phila. 4
Secured by first mortgage. on (5) 31 miles of
road from Bellefonte to Mill Hall, Penna.: Bonds
are outstanding atthe rate of $20,000 per mite.
Net Earnings, 6/30/14...... ia wach $28,035
Interest..........5.. Bias fev a abana 18,210:
Market. ° , ‘
Philadelphia—E. W. Clark & Co.
CENTRAL RAILROAD CO. OF. SOUTH
CAROLINA Ist 6s. Due July 1, 1921.—F.
See Map 5.
Dated July 1, 1881. Interest payable Jan. and
July 1, at Bankers’ Trust Co., New York.
Authorized—$300,000. Uh
' Outstanding—$300,000.
‘“Denomination—Coupon, $1,000. _
Trustees—Alfred F. Ravenel, Charleston,' S.
C., and Edward K. Goodnow, New York.
Control—Leased to the Atlantic Coast Line
R.'R. Co. Rental $31,000 annually and taxes.
_, Secured ‘by a first mortgage on (1) 40 miles
of road from Lanes to Sumter, S. C.’ “Bonds are
outstanding at the rate of $7,500 per mile. ©
Legal for Mich:, N. J. and Wis. .
CENTRAL RAILROAD OF HAITI Ist Coll.
. Tr. 6s. Due June 1, 1919.—F. tak
‘Dated June 1, 1909. Interest payable June
and Dec. 1, at Company's office, 25 Broad St.,
New York. e
, Authorized—$800,000.
_ Outstanding—$800,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
r Redeemable at 105 and interest on any interest.
ate. . ‘ ,
Guarantee—The Republic of Haiti has pledged
20% .of -government revenues from duties on
cocoa and logwood for the payment of an annual
subsidy of $41,280 United States gold coin to the
Company. Ahi
Organization—Incorporated in 1909 in New
York, and owns the securities mentioned below,
and also of.company owning electric lighting sys-
tem in Port au Prince and Cap Hatien, the two
principal cities of Haiti. Property of these com-
panies includes 65 miles of railroad, equipment
terminals, etc. ;
Secured by pledge of $622,800 first mortgage
5% and,6% bonds and $760,000 capital stock of
the Cie des Chemins de Fer de la Plaine du Cul
de Sac, and $400,000 capital stock and $392,000
a 6s of the Cie Haitienne du Wharf de Port-au-
rince. Soc ’ ;
_Underlies—$200,000 2nd Coll. Tr. 6s of 1919.
Original Market—Underwritten in 1909 by
Speyer & Co. and the National City Bank, New
York, and offered by Zimmermann & Forshay,
ew York, at 95 and interest.
i ond Market. . ;
New York—J. S. Bache & Co., J. H. Becker &
Co,, L. M..Prince & Co., Slattery & Co.
Chicago—Hulburd, Warren & Chandler, Wol-
lenberger & Co.
Registerable
CENTRAL RAILWAY (BALTIMORE) Cons. 5s.
Due May 1, 1932.—F. ‘
Dated May 1, 1892: Interest payable May
and Nov. 1, at National Mechanics’ Bank,
Baltimore.
Authorized and Outstanding—$700,000.
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust & Deposit Co.,
Ba!timore, Md.
Assumed by United Rys. & El. Co. of Balti-
more, Md.
‘Control—Absorbed in 1889 by the ‘United Rys.
& Elec. Co. of Baltimore. Wp i
Secured by a first mortgage on 37 miles of
street railway inclliding important lines in the
center of the City of Baltimore.
Underlies—$47,000,000 bonds and notes of
the United Rys. & Elec. Co. of Baltimore.
Net Earnings, 12/31/14........ $4,850,620
Interest & Taxes............... 964,826
This issue. ........... eather see 1,710,826
Listed on the Baltimore Stock Exchange.
Legal for Balt.
‘Market.
Baltimore—Jenkins, Whedbee & Poe, ‘Alex.
Brown & Sons, Townsend Scott & Son.
CENTRAL RAILWAY OF PEORIA Ist 5s. Due
April1,1915..
Dated April 1, 1895.’ Interest payable April
and Oct. 1, at Trustee’s office,
Authorized—$750,000. '
Outstanding—$570,000. ‘''
Denomination—Coupon, $1,000.
‘Trustee—New York Trust Co., New York.
Assumed by Peoria Railway Co.
core ee with Peoria Railway Co.,
which is controlled by ownership of all stock by
Illinois Traction Co. ° : § ;
Secured by first mortgage on important part
of street railway system in Peoria, Ill. Popu-
lation, 1910, 67,000. De cae ee
Underlies—$3,137,000 bonds of the Peoria
Railway Co. First & Refg. Bonds are reserved
to retire this issue.
Market.
Boston—Estabrook & Co. |’
New York—N. W. Halsey & Co.
CENTRAL STATES ELECTRIC CORP. 10-
* —— 5% Secured Notes. Due June 1, 1922.
Dated June 1, 1912. Interest payable June
and Dee. 1, at Trustee’s office, New York. i
Authorized—$6,000,000. j
Outstanding—$5,451,500. Z
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. __ a
Trustee—Guaranty Trust Co., New York.
Redeemable at 101 and interest on any interest
date on thirty days’ notice. ‘ ; ae
Convertible at any time at par into the 7%
cumulative preferred stock at 105 at any time
prior to maturity or redemption. :
‘Organization—Incorporated in Virginia in
1912 as a holding company.’ Owns over 75%
of the $8,803,200 outstanding common stock of
the Cleveland (O.) Electric Illuminating Co.
, Secured by deposit of $6,630,400 (75%) com-
mon stock of the Cleveland Electric Illuminating
Co. The remaining notes can only be issued by
depositing additional common stock of that
company at the rate of $100 in stock for $77.32
of notes issued. The stock of the Cleveland
Electric INuminating Co. has received dividends
at the rate of 8% per annum since 1904.
Net Earnings, Cleveland El. Ill.
Co., 12/81 /l4s saci. cea $1,554,251
Unterest ccs cs ace guns w singe enw ‘ 364,089
Surplus before depreciation equivalent to
more than 18% on the outstanding common
stock. WwW :
Original Market—Offered in 1912 by Spencer
Trask & Co. and the Guaranty Trust Co., New
York on a 534 % basis; in 1914 $650,000 offered by
White & Co., New York, at 873 and interest.
s ‘Market. — ;
New York—Spencer Trask & Co., Curtis &
Sanger, Guaranty ‘Trust Co., Redmond & Co.,
Wm. Morris Imbrie & Co., Gilbert Eliott & Co.,
Babcock, Rushton & Co,, A. D. Converse & Co.,
White & Co., Berdell Bros., John Burnham, &
Co., Gude, Winmill & Co., Kirpkatrick & Lewis,
Edmund Seymour & Co., Gwynne Bros., Ernest
Smith, Didrichsen & Co.; John W. Christiansen’
‘136
J. A. Clark & Co., Hendrickson & Co., Federal
Utilities, Inc. as ;
Utica—Avery Horton..’
c
Boston—Paine, Webbe:
i
a r & Co., Hornblower &
Weeks, Curtis & Sanger, James A. Hutchinson,
E..J.. Kitching & Co., L. Sherman Adams, Hotch-
kiss'& Co. hay are
Philadelphia—Wurts, Dulies & Co.
Milwaukee—Edgar, Ricker & Co. :
Detroit—W. A. Hamlin, & Co.
St. Louis—A.-G. Edwards & Sons, John
Nickerson, Jr., Bowman, Cost & Co. oe
Chicago—Chicago Sav. Bank & Trust Co.,
E, T. Konsberg & Co., Alfred L.. Baker & Co.
Spencer 'frask & Co., McCoy & Co. ” Pe
Cleveland—Roland T. Meacham.
CE ae TRACTION CO. Ist 5s.
Due July
‘Dated July 1, 1889. Interest payable January
1 and July 1, at Trustee’s office.
Authorized and Outstanding—$375,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. | aay st
Trustee—Union Trust Co., Pittsburgh.
Organization and Control—Incorporated ‘in
Pennsylvania in 1888. QWns all of the stock of
the Central Passenger Ry. ‘For further details
see Central Passenger Ry. 5s, 1924, above.
‘Secured by a first lien on the entire capital
stock of the Central Passenger Ry. Co., which
owns lines as described’ under its 1st mortgage
5s, above.
Market.
Pittsburgh—-H. P. Taylor & Co. 7
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co. *
Ee ALN GAS CO. ist 5s. Due July
Dated July 1, 1897. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized and Outstanding —$3,500,000.
__Denomination—Coupon, $1,000. Register-
able as to principal. _ er
..£rustee—Central Trust Co., New York.
Guarantee—$3,250,000 of these bonds are
guaranteed as to principal and interest by the
New York & East River Gas Co. This guaranty
Lo been assumed by the New Amsterdam Gas
o. :
Organization and_ Control—Incorporated in
New Yorkin 1897. Owns $760,000 of the $1,500,-
000 of the capital stock of the Northern. Union
Gas Co. Controlled by:the New Amsterdam
Gas Co. through ownership of. entire . capital
stock. The latter company. is controlled through
ownership of entire capital stock by the Con-
solidated Gas Co. of New York. We
Secured by a first mortgage on all the property
of the company including plant supplying gas
to a large part of the Bronx, New York; five
large gas. holders and large gas plant located at
138th St. and East River.
Net Earnings, 12/31/14,....... $847,579
Interest...........,5. seaanace 201,586
Market. " ag
New York—Korn, Lehman & Co., Wm. A. C.
Ewen, H. G, Einstein & Ca., Paterson & Co.,
L. F. Hepburn, Clark, Dodge & Co., Foster &
Adams, F. H. Hatch & Co., B. H. & F. W. Pel-
zer, Newborg & Co., R. F. Westerfield, William-
son & Squire, L. A. Norton, Geo. H. Prentiss &
Co., Tobey & Kirk, A. M. Kidder & Co., Jones
& Lanman, Leonard Snider & Co., Starbuck,
Van Sant & Legg, Kirkpatrick & Lewis.
Boston—Walter S. Place.
CENTRAL VERMONT RAILWAY CO. Ist 4s.
Due May 1, 1920.—N. .
See Map 18. —~ . ik
_ Dated May 1, 1899. Interest payable Feb.,
May, Aug. and Nov. 1, at Blair & Co., New
York, or at Trustee’s office. .
Authorized—$12,000,000. ;
Outstanding—$10,732,000. ($1,583,300 owned
by Grand Trunk Ry. Co, Bi eee
In Treasury—$768,000.
, Denomination—Coupon, $1,000, $500 and mul-
tiples. Registerable as to principal, Registered
ee .and multiples. Exchangeable for coupon
onds in amounts of $500 and multiples.
Trustee—American Trust Co., Boston.
. Voting Power—Each $100 bond is entitled to
one vote in the election of three members to the
board of directors. é
Guarantee—The Grand Trunk Ry. Co. agrees
that if gross receipts of the Central Vermont Ry.
Co. shall be insufficient to pay ‘operating pe
maintenance expenses, taxes and interest, the
Grand Trunk Ry. Co. will provide any sum
necessary to pay interest on these, bonds., The
amount which the Grand Trunk Ry. Co. is
obligated to pay in any one year is limited,
however, to 30% of its share. of the gross earn-
ings. derived from the interchange of traffic
pee the two roads. :
“ rganization and Control—Incorporated in
1898 in Vermont. The Grand Trunk Ry. Co.
owns $2,185,100 of the $3,000,000 capital stock.
Secured by a first mortgage on (1) 295 miles of
road, including lines from Windsor, Vt. to_ St.
Johns, Quebec, Burlington to. Cambridge Jct,.
Vt., Brattleboro to S. Londonderry, Vt., Farn-
ham to Freligsburgh, P. Q., and branches to
Richford and Williamstown, Vt., and Rouses
Point, N. Y. Further secured by a first lien on
ae of. the $155,880 bonds and $500,000
entire issue) stock of the Stanstead, Shefford
& Chambly R. R. Co., owning (2) 41 miles of road
from St. Johns to Waterloo, P. Quebec; $1,000,-
000 (entire issue) capital stock of the Montreal
& Province Line Ry. Co., owning (3) 41 miles of
road from Montreal to Farnham, P. Quebec,
subject, to $200,000 bonds, and a lease for 999
years from 1891 of the New London Northern
and West River Railroads, owning (4) 160 miles
of road from New London, Conn. to S. London-
derry, Vt., subject to $1,575,000 bonds. The
company operates 536 miles of road .as, above,
and has trackage rights over the Boston & Maine
R. R. between ‘Windsor, Vt., the southern
terminus of the road owned, and Brattleboro, Vt.,
the northern terminus of New London Northern
R. R., a distance of fifty miles. It also controls
a line of steamers between New London, Conn.
and New York. Bonds of this issue are outstand-
b Beas
ing at the rate of $36,400 per mile on the road
covered by a direct mortgage.
Net Earnings, 6/30/14.......... $559,456
Titer ea ines: iss. sre nr asses: 5, eeateverre wave & 818,714, .
The unearned interest was paid by the Grand
Trunk Ry. Co. under its guarantee of these bonds.
Legal for Me. : a:
Listed on the New York, Boston and London
Stock Exchange. vd
Market.
New York—Curtis & Sanger, E. & C.Randolph,
L. M. Prince & Co., Coffin & Co., F. J. Lisman &
Co., McGeorge & Vanderhoef, Blair & Co.,
Hartshorne & Battelle, F. H. Hatch & Co.,
Raymond, Pynchon & Co., Jacobson & Friedman,
Eyer & Co., Wm. C. Wilson, Foster & Adams,
Beverley Bogert & Co., Beyer & Co.
Boston—Burgess, Lang & Co., Curtis & Sanger,
F. W. Mason & Co., L. Sherman Adams.
Bangor—L. C. Tyler & Sons Co., Inc.
Philadelphia—Penington, Colket & Co.
CENTRAL VERMONT RAILWAY CO. Equip.
5s. Series ‘‘D.” Due $19,000
Aug. and Feb. Ist to Feb. 1,
inclusive.—F. ‘ me .
Dated February 1, 1912. Interest payable
‘Feb. and, Aug. 1, at Blair & Co., New York.
137
Authorized—-$980,000. * at
Outstanding—$7 66 000. 3
Redeemed—$214, 00. * 7 :
Denomination—-Coupon, $1, 000.
Trustee—Bankers’ Trust Co., "New York. ,
Redeemable as a whole only at 10234’ and
“interest! gn'any interest date on 40 days’ notice.
Secured by’a conditional bill of sale, on 1,000
‘thirty’ ton, steel'underframe box cars, 200 fifty-ton
all steel hopper ears, 2 standard’ bageage' cars, 6
passenger coaches, 2 parlor cars, ‘I’ dining car, 3
‘switching’ locomotives and, 4 Pacifie-type loco-
‘motives,’ costing $1,094,210, of Which the Com-
pany paid $114,210 in cash. -
Earnings—See 1st 48 above.
Original Market—Offered 1912 ag. Blair &
Co., New York.
Market.
New York—Curtis & Sanger; Folsom & Adams,
Rieke & Co., Bull & Bleroaies Coggeshall &
‘icks,
(CENTRAL VERMONT TRANSPORTATION
CO. Series ‘‘B” 5s. Due $50,000 semi-
eae from Nov. 1, 1914, to May 1,
Dated May 1, 1912. Interest payahle Mareh
and Nov. 1, at ‘Trustee's office.
Authorized—$1, 000,000. bate 4
Outstanding—$700,000. i a
Balance Retired. ‘ es
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable on any interest ‘date at 10214 and
interest.
Guaranteed principal and interest by Central
Vermont Ry. by endorsement.
Control—All the capital stock is owned by the
Central Vermont Ry. Co., which is controlled by
Grand Trunk Ry. by ownership of majority. of
stoe!
Secured by a first lien on two steamships, cost-
ing $1,331,000, plying between New York City
and New London, Conn. $331,000 was paid in
cash. °
- Net Earnings, 6/30/14............ $77,694
Interest and Sinking Fund........ 11,
‘Original Market—Offered by Blair & Co. ay,
New York, in 1912 on a 5.30 % basis.
Market.
New York—Blair & Co., Curtis & Sanger,
Hartshorne & Picabia, red 8. fi & Vanderhoef,
i
‘Farson, Son & Ca., Aufred R: isse, Coggeshail
& Hicks. | :
CHAMPAIGN & URBANA Wi WATER CO. 1st 5s.
Due July te 1932.—F.
‘Dated July 1, 1912. Interest payable Jan.
and’ July, 1, at Trustee’s office.
" Authorized—$400,0 00.
‘ Outstanding—$264,000.
Retired by Sinking Fund—$6,000. |
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
_ Sinking Fund—Annual amounts sufficient to
retire $100,000 at maturity. ©
Secured by ‘first mortgage on water works
supplying Champaign (franchise expires 1940)
and Urbana (eaceae expires 1942). Popula-
tion served, 25,0
Net Earnings, 12/31/14 Sanedeialeia.aak oe 622
Untenest iiss vcaticr < umahs ies wives Til) “13!005
Original Market—First offered by Geo. A.
Fernald & Co., Boston, 1912, at 98 and interest.
Market.
Boston-——Geo. A. Fernald & Co., F. W. Mason
Co., L. Sherman Adams.
CHAMPION LUMBER CO. Ist Serial 6s. Due
$115,000 April 1, 1914, and semi-annually
on April 1 and Oct. 1 thereafter in amounts
from $56,000 to $59,000 to April 1, 1928.—F.
Tax exempt in Pennsylvania.
Dated April 1, 1911. Interest payable April
ie
'
'
and Oct: 1, at Provident Life & Trust Co., Phila-
delphia, and First Baten cat Chien, ‘and
Bank of Scotland, London’
~ Kuthorized—$5,0( 6p. 000. :
‘Outstanding—$3,00 10,000.”
Denomination—Coupon, $500 and $1, 000.
Registerable as to principal. .
Trustee—The Provident Life & Trust Co.,
Philadelphia, Pa.
Redeemable at 101 % and interest ° on any
interest date.
Sinking. Fund—$3 per 1,000 ft. log scale for
all timber ‘cut, and 50 cents per cord of wood cut
Should ‘deposit exceed amount of bonds maturing
in any year’ bonds are to be. purchased or
redeemed at’ 10114 and interest in an amount
- sufficient to exhaust-the surplus.
Organization—Incorporated in North Carolina
in 1911 to consolidate the entire timber holdings
of the Champion Fibre Co. and the Pigeon River
Lumber Co.
Secured bya first. mortgage on 90, ,000 acres of
timber land in Haywood County, N. C., with
1,200,100,000 feet of standing hard wood timber
and about, 378,360 cords of pulp and tannic
acid: wood; also on mills, ete., logging railroad
and equipment located near Waterville, N. C.
Original Market —First offered in 1911 by
Clark L. Fontes & Co., A. B, Leach & Co. and Dev-
itt, Tremble & Co., Chicago, etc.,, at par and
interest.
Market. ”
“New York—A. B. Leach & Co., ‘J. _A. Clark
& Co., R. B. Hathaway & Co.
Chicago—Hulburd, Warren: & See Albert
L. Baker & Co., Eversz & Co., C..F. Childs & Co.,
Wollenberger & Co.
Cleveland—John W. Moore.
Madison, Wis. Joseph M. Boyd & Co, m
CHARLESTON & SAVANNAH RAILWAY co.
» Gen. ase first) 7s.° Due Jan. 1, 1936.—N.
See Map :
Dated ary 1, 1886. Interest payable Jan.
and July 1, at ‘United States Trust Co., New York.
Authorized and Outstanding—$1, 500, 000.
Denomination—Coupon, $1,000. Registerable
as to principal. ©
Trustee—Safe Deposit & Trust Co., Baltimore,
d.
Assumed by the Atlantic Coast Line R.R. Co.
Control—Absorbed | by the Atlantic Coast
Line R. R. Co,
~ Secured by a first mortgage on (9) 111 miles of
road from’ Charleston, S. Car. to Savannah, Ga.,
with branch. ’ Bonds of this:issue are outstanding
at the rate of $13,500 per mile on the only line
of railroad connecting the: two important cities
named above. The line also forms an important
part of the Atlantic Coast Line as it furnishes
the only connection between the lines of ‘the
system north of Charleston with those south of
Savannah.
Underlies—$68,000,000 mortgage and deben-
ture bonds. Bonds are reserved under the
Unified Mortgage of 1959 to retire this issue.
Legal for Balt., Ca!., Conn., Fla. and N. Y.
Listed on the New York Stock Exchange.
Market. :
New York—Coffin & Co., Korn, Lehman & Co.,
J. H. Becker & Co., Struthers & Hiscoe, Simon
Borg & Co.
Baltimore—Poe & Davies.
Hartford—Roy P. Crary.
CHARLESTON & WESTERN CAROLINA
RAILWAY CO. Ist 5s. Due October 1,
1946.—F.
See Map 5.
Dated October 1, 1896. Interest payable April
and Oct. 1, at Central Trust Co., New York.
Authorized—$8, 000 per mile for extensions.
Outstanding—$2,720,000.
Denomination—-Coupon, $1,000.
mab ‘
Registerable
138
oi 7 ‘principal or fully eh Registered,
Trustee—Central Trust Co:, New York.
: Control—-Entire ‘capital Natbek i200, 000)
owned by the Atlantic'Coast Line Co.
‘Secured’ by a. first! mortgage on (3) 340 miles of
road: includihg line ‘from Port roy I, 8. C., via
Augusta, Ga., to’ Spartansburg, S. » B45: miles
and branches to Anderson and° ‘Greenville; S.°
95 miles, also a second mortgage on’ property of
the Augusta Terminal Ry: comprising about 2
miles. Bonds of this issue are outstanding at the
rate of ‘$8,000: per mile.
Prior’ Liens—3600, 000 Augusta’ ‘Terminal ‘Ry.
6s of 1947, °
‘Underlies $2,380; 000 lat Consol. 43 1964,
Net Earnings, 6/30/13 ag 375,
Interest 172,000
Listed | on the Richmond Stock Puchanwe.
Market.
New York—Wm. A. C. Ewen, Coffin & Go.,
EK. & C. Randolph, _ Wm. mo ‘Wilson, Wood,
Struthers & Co. :
Baltimore—Sutton' & Co., ‘1 Harmanus Fisher
& Son, Strother, Brogden ‘& ‘Co., Baker, Watts
& Co., Jenkins, Whedbee &' Poe, “Alex. Brown &
Sons, Poe & Davies, Hambleton-& Co., Townsend
Seott & Son.
a Hartford—Roy P. P. Crary.
CHARLESTON CITY RAILWAY 1st Ba. ' Due
: Jan. 1, 1923.—F.
Tax free in South Carolina. °° |
Dated Jan. 1, 1898. Interest er Jan. and
July 1, at Trustee’ 's office.
Authorized— $850,000.
_Outstanding-—3$732, 000.
‘Retired by Sinking ‘Fund—$112, 000.
Denomination—Coupon, $1,0
-''Trastee—Mercantile Trust &- "Sate Deposit Co.,
Baltimore.
oot by Charleston Consolidated Ry.’ Gas
0.
Control—Merged into Charleston Consolidated
Ry. Gas & Elec. Co. in 1899. The property of
the latter company J was leased to the’ Charleston
Consolidated Ry. & Lighting Co. for 99 years
from 1910. Rental 6% on $2,366,500 common
ae $500,000 ‘Preferred stocks and interest on
onds.
Secured by a first mortgage on the street rail-
way in Charleston, S. C., formerly owned by the
company. Total system. comprises 34 miles of
track. Population (1910) 58, 800. Franchises
perpetual.
Inderlies—$1,762,000 C. C. Ry. Gas & El.
Co. Cons. 5s of 1999 ‘which provide for the retire-
ment of this issue.
Net Earnings, 6/30/12. $348; 392°
281,798
Interest..........
” 794, 398.
This issue.....
Legal for Balt. |
Original Market—First - offered ste Sperry,
Jones & Co., Baltimore.
Market..
~Baltimore—Baker, Watts “& Co., ae D.
Howard & Co., Jenkins, Whedbee & Poe, J. S.
Wilson, Jr., & Co., Riggs. & McLane, Townsend
Seott & Son,, Strother, Brogden & Co.
New York—L. F. Hepburn. |
CHARLESTON CONSOLIDATED RAILWAY
GAS & ELECTRIC CO. Cons. 5s. ~Due
March 1, 1999.—F.
Tax free in South Carolina.
Dated March 1, 1899. Interest payable March
and Sept. 1, at ‘Trustee’s office, Baltimore, Ma.
and Charleston, 8. Cc.
Authorized—$2,500,000.
Outstanding—$1, 762, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Baltimore Trust Co., Baltimore.
Registerable
Sinking Fund—$10, 000. per annum beginning
Jan., 1914.
Organization and ‘Control—Inicorporated in
South Carolina in 1899-as a consolidation of the
Charleston City Bus Co. and Charleston ‘and
Seashore R.-R. : Also’ owns' entire’ $698,150
eapital: stock of the: ‘Charleston Gas Light’ Co.;
the entire $100,000 capital stock of the Charles-
foh-Edison Light & Power Co. Entire property
leased for 99 years from 1910 for interest on
bonds and 6% on $2,866,550 outstanding capita
stock to the Charleston, Consolidated Ry. &
Lighting Co. © aes
Secured by a mortgage on all the ‘property of
the company including 34 miles of street railway
in Charleston, S. C. The company sold the
property Beaune from the Charleston: & Sea-
shore R. R. Oct., ie Franchises are perpetual.
Population served 5
Prior Lien—$738, 000 Gharleston: ‘City: Ry. 1st
5s of 1923 which this issue provides to retire.
‘| Net Earnings, 6/30/12 : $348,392
Interest..... 0... 0.006. : 281, 798
Legal for Balt.
Listed on ‘the Baltimore Stock Exchange.
Market.
Philadelphia—Robt. Glendinning & Co., Geo.
N. Fleming, Reed A. Morgan & Co.
_ Baltimore—Townsend Scott & Son, Baker,
‘Watts: & Co., Robert Garrett & Sons, Jenkins,
Whedbee & Poe, Colston, Boyce & Co., Strother,
Brogden & Co., Sutton & Co.
CHARLESTON (ILL.) GAS & ELECTRIC CO.
._ Cons. 5s. . Due Sept. 1, 1922.
Dated Sept..1, 1902. Interest payable March
and Sept. 1, at eatin '3 office.
Authorized—$180;0
| Outstanding—$127, 000. i .
Denomination—Coupon, $500.
Trustee—Cont. & Gees Trust & Savings Bank,
Chicago. |...
Redeemable on any interest date.
Assumed by Charleston Illuminating Co.
Organization and Control—Absorbed 1905 by
the Charleston Illuminating Co. which latter
company is controlled: by the Central Illinois
Public Service Co., a snbsiduary of the Middle
West Utilities Co.
Secured by a mortgage, on plants supplying
gas, Slectrielty and steam heat to Charleston,
Ill. Population served (1910) 5,884. Franchises
expire as follows: gas June, 1925, electric and
steam heating in 1934. .
Prior Lien—$34,500 Ist Cons 6s of 1922.
Page 500 ‘Charleston Illuminating
Co. Ref. & Impt. 444s of 1985 which provide
for the retirement of thi: issue and the 1st Cons.
6s above. —
Original Market—Offered’ Dec., 1902, by
William C. Thompson & Co., Chicago, at par and
interest.
Market.
Chicago—Hulburd, Warren & Chandler, M. T.
Leonard & Co. Western Stock & Bond Co.
New York—F. H. Hatch & Co., Hotchkin &
Co., John Burnham & Co.
CHARLESTON (S. C.) LIGHT & WATER co.
1st 5s. Due July 1, 1927.- i
Dated July 1, 1902. Interest p payable Jan, and
July 1, at Trustee’s office.
Authorized —$1,500,000.
Outstanding—$1,360,000.
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust &- “Deposit Co.,
Baltimore, Md.
Redeemable on any interest: date at 110 and
interest.
Secured by first mortgage on plant supplying
water to Charleston, S. C. Population, 1910,
$8, a a anennSe _ Perpetual, and exclusive
0 *
139
arket..
Baltimore—John D. “Howard & Co." ae
Boston—F. W. Mason & Co. :
CHARLESTON NORTHERN RAILWAY co.
1st 68, Series ‘‘A.””. Due Dec. 15, 1938.
Dated Dec. 15, 1913. Interest payable June
15 and Dec. 15, in New York.
és Authorized—§2, 475,000 Series “‘A,’’ $125, 000
eries ‘
. Outstanding—$2, 200,000 Series “A,’? $125,000
eries
Denomination—Coupon, $1, 000. Registerable
as to principal only. Registered, $1,000. .
Trustees—Bankers Trust ; Co., New York
and F. N. B. Close.
Redeemable in series as a whole only on any
interest date, series “A” at 1024: and interest
and series ‘‘B” at par and interest.
Guaranteed principal and interest. by ‘the
Seaboard Air Line Ry. Co.: by endorsement.
Organization and Control—Consolidated in
1914 with other companies into the Carolina,
Atlantic & Western Ry. Co. It is understood
that this company. is controlled by the Seaboard
Air Line Ry. Co.
Secured by a first mortgage on terminals
located on the eastern water front of Charleston,
S..Car.,.and 57 miles of road from Charleston to
Andrews, S. C., where connection is made with
road to Gibson, now owned by the consolidated
company. This road forms a through line from
Hamlet, on the Seaboard Air Line Ry. to Charles-
ton, S. C., which is not now served by any other
line of that company.
Underlies—Authorized issue of $25,000,000
bonds of the Carolina, Atlantic & Western Ry.
Co., none of which has yet been issued.
Original Market—Offered-in May, 1914, by
the Guaranty Trust Co., New York, at par’ "and
interest.
‘Market.
aaa P. Ristine & Co., Mellor' &
Petry.
CHARLESTON (S. C.) UNION STATION CO.
Ist 4s. Due Jan. 1, 1937.—
Dated Jan. 1, 1907. Interest: payable Jan. and
July 1, at Trustee’s office.
Authorized—$400,000..
Outstanding—$250,000.
Denomination—Coupon, and registered, $1,000
and multiples.
Trustee—Equitable Trust Co., New York.
Guaranteed principal and interest by Atlantic
Coast Line R. R. and Southern Ry. companies
by endorsement..
‘Control—Leased to Southern Ry: and Atlantic
Coast Line R. R., which own all stock. Rental
interest-on bonds and 4% on capital stock. |
Secured by a first mortgage on all the property
of the company including terminal property in
Charleston, S. C., used by the Southern Ry. Co.
and Atlantic Coast Line R. R. Co.
Original Market—Offered by Redmond &
Co. at 96 and interest in Jan., 1907.
Market.
New York—Redmond & Co.
CHARLOTTE ELECTRIC RAILWAY LIGHT
& POWER CO. Ist 5s. Due July 1, 1929.—N.
Dated July 1, 1899. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$500, Ne
Outstanding—$355.
Retired by Sinking’ Pund—$45, 000.
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust & Deposit Co.,
Baltimore, Md.
Redeemable at 10714 and interest on any
interest date.
Sinking Fund—1% per annum of bonds out-
standing from July 1, 1900, to purchase bonds
~ in open market or redeem bonds by lot at 10%
and interest
Assumed by Charlotte aioe Ry. Co.
Organization . and ,Contrel—Incorporated in
North Carolina, Jan., 1896, as a consolidation of
the Street railway, gas- and electric lighting
properties in Charlotte, N. C. Name changed in
1911 to the Charlotte Electric Ry. Co. The gas
business was transferred in 1911 to the Charlotte
Gas & Electric Co. and the electric business to
the Charlotte Power Co. The entire capital
stock of the Charlotte Electric Ry. Co. is owned
by the Southern Power Co. which is controlled
by the Great Falls Power .Co. of New Jersey. .
Secured by first mortgage on 19 miles of, street
railway and plants supplying -gas and electricity
in Charlotte, N. C. Population, 1910, 34,000.
Franchises are unlimited as to time.
Underlies—$486,000 Ref. & Ext. 5s of. 1936
which provide for the retirement of this issue.
Net Earnings, 12/31/10 (including
gas business)................ $180,581
Interest and Sinking pond, syeisecisie e 42,213
ar!
Baltimore—Mackubin, Goodrich & Co.,. Jen-
kins, Whedbee & Poe.
New York—Harris, Forbes & Co.
CHARLOTTE ELECTRIC RAILWAY LIGHT
& POWER CO. Ref. & Ext. 5s. Due April
+1,,1936.—F. '
Dated April 1, 1906. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$2,00 0,000.
Outstanding—$486,000.
Retired by Sinking Fund—$19, eae
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust & “Deposit Co.,
Baltimore, Md.
Redeemable at 1074 and interest on and
interest date.
Sinking Fund—1% per annum of bonds. is-
sued beginning April 1, . Bonds to. be
bought in. open market or called at 107% and
interest or invested in other securities at the
discretion of the Trustee.
Assumed by Charlotte Electric Ry. Co.
Organization and Control—See 1st 5s above.
_ Secured by a second mortgage on 19 miles of
street railway and plants sopping, gas and
electricity. in Charlotte, N. Population,
1910, 34,000. Franchise unlimited as to time.
Prior Liens—$355,000 Ist 5s, 1929, which this
issue provides to retire.
Earnings—See Ist 5s above.
: Original Market—Offered by Mercantile
Trust & Deposit Co.; Wilson, Colston & Co.;
Stein Bros., and Whelan, Duer & Lanahan, all
of Baltimore, at 98 and interest in 1906. .
Market.
Baltimore—Baker, Watts & Co., Colston,
Boyce & Co., Stein Bros., Mercantile Trust &
Deposit Co., Jenkins, Whedbee & Poe.
CHARTIERS RAILWAY COMPANY Ist 3s.
Due. Oct. 1, 1931.—F.
See Map. 95.
Tax free in Pennsylvania.
Dated Oct. 1, 1901. Interest payable April
and Oct. 1, at "office of Pittsburg, Cincinnati,
Chicago & St. Louis Ry. Co., Pittsburg, Pa.
Authorized and Outstanding—$625, 000.501,
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Samuel Rea
Assumed by the. Pisa: Cincinnati, Chicago
& St. Louis Ry. Co.
Control—Absorbed by ‘the PCa; & St. L.
Ry. Co. which company is Seed. by the
Pennsylvania R. R. Co., through ownership of a
majority of both common and preferred stock.
Secured by a first mortgage on (1) 32 miles of
road including line from Carnegie to Washington,
140
Pa., 24 miles and branches. Bonds of this isstte are
outstanding at the rate of $20,000 per mile: - ">
Chicago & St. Louis oon Bae dsand 1948
- Loui: \< 5
of- 1940-1963, ene nans a ae
Legal for Cal and Mo.
Market.
Philadelphia—E. W. Clark & Co.
CHATEAUGAY ORE & IRON CO. Ref. Ist 4s.
Due Jan. 1, 1942.—F. .
Dated Jan. i 1902. Interest payable Jan.
and July 1,'at D. & H. Company’s office, 32
Nassau Street, New York.
- Authorized—-$1, 550,000.
Outstanding—$1,_ 300,000.
Denomination—Coupon and registered, $1, 000.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest.
Guaranteed principal and interest by Delaware
& Hudson Co.
‘Controlled through stock ownership by Dela-
ware & Hudson Co.’ Leased to the Delaware &
Hudson Co. for interest on bonds and 4% per
annum on preferred stock.
Secured by a first mortgage on mines and other
property of the company located in Clinton and
Franklin counties, New York, and a first lien on
$375,000 of the $450,000 common stock of the
Chateaugay & Lake Placid Ry. Co..: This com-
pany, which has also outstanding seem
pelenee ‘stock,’ owns fifty-three miles of road
rom Dannemora ‘to Saranac: Lake, and leases
some twenty miles additional, the complete lime
extending from Flattaburg.. to Lake Placid.
Market
New oe H. Becker & Co., | Fred H.
Hatch & Co., Kirkpatrick &- Lewis: «
CHATTAHOOCHEE | &' GULF RAILROAD
Co. Ist ne Due July 1, 1930.—F.
See Map
Dated Pay 2, 1900. Interest payable Jan.
and July 1, at Trustee's office.
. _ Authorized—$2, son Noe :
” Outstanding—$258 i
Retired by Sinking Ponad-—$149, 00: 0.
Denomination—Coupon, $1, 000.
able as to principal.
Trustee—The Citizens Bank of ‘Savannah.
Redeemable: for Sinking Fund at 10244.on
Jan. 1 in any year.
‘ Sinking Fund—1% per annum on-the $436, 400
capital stock and outstanding: bonds ‘fer the
redemption of these bonds at’ 1024 vand-interest.
Control—Leased in 1900 jn perpetuity to the
Central of Georgia Ry. Co. Rental: 6% on
$436,400 stock and $286,000 bonds of which 1%
is for the sinking fund, until these bonds are
retired and'5% on “stock thereafter. The C. of
. Ry. Co. is controlled by the Illinois Central
Ry. Co. through ownership of entire capital stock.
Secured by a first” Mortgage on (7) 92 miles of
road from Columbia to Lockhart, Ala. Bonds are
outstanding at the rate of $3, 000° per mile.
‘Legal for Cal., Mich., Minn.; N. fe and Wis.
Net Earnings, C. of Ga. Ry.
6/30/13 ” $3, 703, 852
Interest and Rentals.... 2,507,359
Marke
New York—W. A. C. Ewen.
CHATTANOOGA ELECTRIC. RAILWAY Ist
5s. Due Jan. 1, 1919.—N.
ated Jan. t, 1898. Interest payable Jan
July 1, at: Trustee’s office.
a authorized and Outstanding—$625,000.
* Denomination—Coupon, $1,000.
- Trustee—Maryland Trust Co., Baltimore, Md.
‘Assumed by Chattanooga Ry. & Lt. Co.
‘Control—Absorbed by the Chattanooga Ry.
& Light Co.’ which company’is controlled through
stock ownership by the’ fennessee Ry. Light
& Power Co.
" Register-
Secured by a:first mortgage on an important
part of the:street. railway in Chattanooga, Tenn.
and vicinity. Fopulation 1910, 44,600. . Total
population served, 95,000.
Underlies—$2,214, 600 Cc. Ry. & Ltg. Co. ist
& Ref. 5s. of 1956 and $2,165,000 C. Ry’s 1st
cons. 5s. of 1956 both of which provide for
the retirement of these bonds.
Net Earnings, 12/31/14......... $385,573
EWCOP ESE ins sed iisces gseqrearaie gin alors 339,409
PDMS WME. oe ies Seine sea aE 120,459
‘ Market. aay
' Philadelphia—E. W. Clark & Co., S. K.
Phillips, Oscar R. Dare, Graham & Co.
-Baltimore—Baker, Watts & oan Townsend
Scott & Son, Mackubin, Goodrich & Co., Jenkins,
Whedhee & Poe, Alex. Brown & Sane: Strother,
Brogden & Co.
CHATTANOOGA (TENN) ¢ GAS CO.
Due Jan. 1, 1927.—F.
Dated Jan. 1, 1907. Interest payable Jan.
and July.1, at the First National Bank, New York
and Trustee’s office.
Authorized—$1,500,000.
Outstanding—$598, 000. $6,000 owned by the
United Light & Rys. Co. and pledged under its
first and refunding mortgage.
Retired by Sinking Fund—$36,000.
Denomination—Coupon, $1,000.
Trustee—Continental & Commercial Trust
& Savings Bank, Chicago.
Redeemable on and atter Jan. 1, 1917, at) 105
and interest.
Sinking . Fund—$15, 000° per annum, 1912 to
1926, on first $500,000 issued, and 2% per annum
of all additional bonds issued.
Organization and Control—Incorporated .in
Tennessee in'1906 and is controlled and operated
bythe United Light & Rys. Co.
Secured by a first mortgage on plant supplying
gas’ to Chattanooga, Tenn. Population 1910,
44,600.. Franchise expires in 1928.
arnings—Dividends of 6% per:annum are
being paid on $500,000 preferred stock.
' Listed on the Cincinnati and Louisville Stock
exchanges.
Original Market—Offered in 1907, at 105-and
interest by the American Trust & Savings Bank
(now Continental & Commercial Trust & Savings
Bank) Chicago.’ | ist
Market. | i
Baltimore—Howard.R. Taylor & Co.
New 'York—E. H. Rollins. & Sons, 8. L. Snow-
den
Philadelphia—s. K. Phillips, Osear R. Dare.
Chicago—Stanwood, Taylor & Co.)
CHATTANOOGA RAILWAY a uicuT co. 1st
& Ref. 5s.. Due May 1, 1956.—F.
Tax exempt—Pennsylvania "arate Tax Re-
funded.
- Dated August 1, 1909. Interest payable May
and Nov. 1, at Hodenpyl, Hardy & Co., New
York, or Trustee’s office, Philadelphia.
Authorized—$15,000,000. .
Outstanding—$2,214,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia. '
Redeemable at 105 and interest on any interest
date after Nov. 1, 1916.
Organization - and Control—Incorporated in
Tennessee July, 1909 as a consolidation of the
Chattanooga Rys. Co. and the Chattanooga
Electric.Co. Owns the entire capital stock of
the Lookout’ Mountain Ry. Co. Buys electric
power from the Tennessee Power Co. pad is con-
trolled by the Tennessee Ry., Lt.’ & Pr. Co.,
through stock ownership.
Secured by a first mortgage on plants supply-
ing electricity to Chattanooga and vicinity and
by a mortgage on all the other property of the
eompany including 61 miles..of street and. inter-
Ist 5s.
Registerable
141
urban railway track. - Population served; 85,000.
Besnehises: with. minor : exceptions are unlimited as
‘0 'time. ..
Prior: Liens—$307, 000: ‘Lookout Mountain Ry.
Ist 6s. $2,165,000 Chatt. Rys. 1st Cons. 5s of
1956-and 625, 000 Chatt. Blec. Ry. 1st 5s of: 1919,
all of which this issue: provides to retire.
Net Earnings, 12/31/14
, Etiterest.. was es veg h ea.g v8 339,
' Original Market—Offered in 1909 by. Hodenpyl,
Walbridge & Co., New York, at 9614 and: interest
and in 1911 by BE. W. Clark’ & Co., Betesdas
at. 95 and interest.’
Market: |
: Philadelphia—E. W.. Clark & Co., Geo. N.
Fleming, Cassatt & Co.; Mellor & Petry, Henry
& West, S: K. Phillips; Oscar R. Dare, Elkins,
Morris & Co. :
New York—Lawrence, Barnum & Co., Hoden-
pyl, Hardy & ‘Co.:
Baltimore—Baker, Watts & Co., “Jenkins,
Whedbee & -Poe. .
Louisville—Henning, Chambers & Co.
Chicago—Alfred L. Baker & Co.
co. Ist Cons.
CHATTANOOGA RAILWAYS
5s. Due May 1, 1956.—F.
Dated May 1, 1906. .Interest payable May
and Nov. 1, at: Trustee’s office, Philadelphia.
Authorized—$3, 000,000.: - sae
Outstanding=—-$2, 165, 000. - es
Denomination—Coupon, $1, 000:: “and $500:
Registerable as to principal.
Trustee—Commercial Trust Co., , Phila. .
Redeemable:at 107 and iriterest on any: ‘interest
date;on-.three months’ notice. _-
Organization and Control—-See, Chat. Ry. &
Lt. 1st.& Ref. 5s above.
- Secured by a mortgage on street railway system
in and around Chattanooga. See coe Ry. &
Lt. 1st & Ref. 5s above..
‘Prior . Liens-—$625,000 Chattanooga. Electrig
Ry. Co. 1st 5s'of 1919, for the retirement
which bonds of ‘this:issue have been. reserved. °
Underlies—$2,214,000 Chattanooga, Ry.. &
Light Co.. ist & Ref. 5s;of 1956, which provide
for the retirement of this issue.
Net Earnings, te/B Te $385, 573
Interest. . 9,4
This issue.
Listed on t'
Exchanges.
sae Market. ce
Philadelphia—Samuel:’ ‘K. Phillips, Borden. &
Knoblauch, Chas. . Harrison, Jr, & Oxy
Graham & Co., Geo. N.'Fleming, E.: W. Clark
& Co., Mellor & Petry, Henry & West, M. M.
Freeman & Co., Geo. S. Fox & Sons, Martin
& Co., Osear'R. Dare, Rebt. D. Ghriskey & Co.
New York-—Berdell Bros., ‘Bigelow & Co.,
Jacobson & Friedman, Chandler Bros.. & Co.,
Geo. H. Burr & Co., Gude, Winmill & Co.,'
Baltimore—Baker, ' Watts. & Co., Mackubin,
Goodrich & Co., Sutton & Co. :
CHATTANOOGA, ROME & SOUTHERN
RAILROAD CO. Ist 5s. Due July 1, 1947.
See 1 Map 16. . -
Dated July 1, 1897. Interest payable Jan.
and July 1, at. Toast 's' office.
Authorized—$500, 000.
, Outstanding-—$348, ,000.:
Denominatlon-—-Coupon, $1,000.
as to principal.
Trustee—Union Trust Co., New York.
Control—Absorbed_ by. ‘the Central. Ry. of
Georgia Ry. Co., which is controlled through
ownership of entire capital stock by the Illinois
Central Ry. Co.
Secured by a first mortgage on (10),138 miles of
road from Chattanooga, Tenn., to Carrollton,
Ga. Bonds. of this ssue are outstanding at the
rate’ of $2,500 per mie on the road which affords
(Closed. mortgage.)
Registerable
the Illinois Central System: its only entrance into
Chattanooga, Tenn,_
Underlies—$23,000,000 ‘Cen. of Ga., \Chatt.
Div. 4s of 1951, Gen. & Ref. 5s of 1962, both of
which provide’ for ‘the retirement of this. issue,
and Cons. 5s of 1945. 6°) :) - 415
Legal for Cal. fn soll
Market. .
New York—Wolf- & Stanley, ‘Wm. A.C. Ewen,
Simon Borg & Co., Wood, Strathers & Co. .
Baltimore—Baker, Watts & Co: é
CHATTANOOGA STATION IN CO.; 1st 4s.
Jan. 1, 1957.—F.
Dated Jan. 1, 1907. Interest payable Jan.
and July 1, at JP. Morgan & Co.,,New York.
‘Authorized: and Outstanding—$1,000,000.
Denomination—Coupon, $1,000..
Trustee—Equitable Trust Co., New: York:
Guaranteed ‘principal and_ interest. jointly, and
severally by Southern Ry. Co., Central, of Ga,
Ry. Co., Cincinnati, New Orleans & Tex,,.Pac.
Ry. Co., and Alabama Great Southern R. R..Co.
by endorsement... .. L
Control—Each of the guarantor companies
own one-fourth of the capital stock, and property
is leased by them. Rental sasneedd on bonds, and,
4% on stock. -,
Secured by:a first mortgage on ‘the union, pas-
senger station'in Chattanooga, Tenn... -
Original Market—-Offered, by Spencer (Trask
& Co. and Potter, Choate . &. Prentice, of
York, at 94 and interest in January, 1907.
Market,
New York-“Pétter. - Choate». & Prentice,
Spencer Trask & Co.,, Bigelow & Co., Berdell
Bros., J. B. Colgate & Co: Rauscher : &, ORRIN:
Hartford—Richter & Co. .. f ca
CHESAPEAKE &, “DELAWARE CANAL co.
Ist 4s.. Dues July 1, 1916.
ie. issue was due in 1886 but was extended to
Interest, ‘payable. Jan. and, ‘July 1. ae
5%, but in 1893 bondholders. agreed to acce}
4% until contingent fund,,.then et 000, shor
amount to etna On, May. 81, 1 48, cane
was $84,773 et,
Outstanding—32, 602, 950.
Secured by first mortgage on canal, 14. miles
long connecting Delaware. River with Ches-
apeake Bay. Congressional Commission recom-
mended purchase. of canal for $2,514,290 by U. s.
Bill now pending, to- purchase canal at pee not
exceeding $2,500,000.
Net Earnings, 5/31/14 un ses be $106,6 4
ANGCPESb is oie n tis cheese wate ee “104/11
Listed Philadelphia Sto Exchange.
New York—J. H. Hetee & Co., Leonard
Snider & Co. -
Philade!lphia—Henry & West.
CHESAPEAKE & OHIO RAILWAY CO.
Ancoreoreted in Virginia in.1868 as the Chesa-
eake & Ohio R. R. Co. The road was sold under
oreclosure in 1878 and purchased by the present
company, which was reorganized without fore-
closure in 1888.
The company owns 1,820 miles of road of which
447 are double tracked, controls through owner-
ship of entire capital. stock 260 miles and leases
and has trackage rights over 260 miles of road.
The lines owned or controlled extend, from Old
Point Comfort and Newport, News, Va., through
Richmond, Va., with two lines from Richmond to.
Clifton Forge, Va. to Charleston, W. Va.,, Cin-
cinnati, Ohio, Chicago, Tll., and Lexington, Ky.
The oe has trackage rights into Washing-
ton, D. C., and Louisville, Ky. The of Vin of the
company traverse the soft coal. fields of Virginia,
West Virginia and Kentucky, .and t ree-quarters
of the company’s. freight. tonnage is in the prod-
uct of mines.
Due
142
_ The Chesapeake & Ohio Ry..Co. outstand-
ing $62,800,000 stock.’ , Di ands have been
paid on this stock since 1899, and at the rate of.
5% per annum from 1911 to, September, ..1913,
when the rate was reduced to4%. ° The quarterly
dividend -was, not paid, in August,.1914, but.1%,
was paid on December 31,;1914.. :
The C. & 0. R. R. Co. owns $8,800,000 of the
$11,000,000 stock of the Hocking Valley .Ry. Co.,
which company owns 350 miles of road from
Toledo ‘to Athens and Pomeroy, Ohio. At.
Athens this road connects with the Kanawha &
Michigan Ry., .which was formerly controlled
jointly by the C. & O. R. R. Co. and the New,
York Central R. R., through ownership by ene
of these companies of $4,029,000 of the K. &
M. Ry. Co.’s $9,000,000 stock. This raad_ex-
tends from Athens to a connection with the C. &
QO. R. R, at Gauley Bridge, W. Va. In 1912 the
United States Circuit_Court, held this ownership
of the & M. Ry. Co. stock to be in violation
of the Anti-Trust Law, and in 1914 in accordance
with a decree of the United States District Court
the singh ot the K. & M,, Ry. Co. owned by the
C. & O. Ry. was sold to the Toledo & Ohio,
Central Ry. Co. (which is a subsidiary of the
New York: Central R. R.) at a price which, is
reported to have netted:the C. & O. Ry. a profit
of,.$1,100,000.. - - : i Wes
Report, years ended June 30:
+ iy %
__ 1918-14 1912-13
Gross earnings.... .$36,690,021 ., $35,085,278
‘Net, earnings......._ 11,036,084 10,633,718
et income....... 11,859,781 . 11,483,419
Interest, etc...... 8,387,865 ° 8,184,888
Dividends.,...... 2,511,264, 3,139,080
Surplus......... $460,552 $159,423.
CHESAPEAKE & OHIO GRAIN ELEVATOR
* CO. 1st 48. Due Oct. 1, 1938.—N. "
Dated October 1, 1888. Interest’ payable’
oe and Oct. 1, at J. P. Morgan & Co., New
r
ork, ee fs
Authorized—$5,000,000. , , ;
Outstanding—$820,000. aa
Denomination—Coupon, $1,000. Fully regis-
terable.
Trustee—Central Trust Co., New York.
Guaranteed | eee yal and, interest by the
Chesapeake & Ohio Ry. Co. by endorsement.
Control—The entire $500,000 capital stock is
owned by the Chesapeake & Ohio Ry. Co.
Secured by a first mortgage on elevators,
together with-realty and other property of the
Company, at Newport News, Va. |
Underlies—$450,500 non-cum. Ine. 4s of 1988.
Market... - a
New York—Wolff & Stanley, Blodget & Co.,
F. H. Hatch & Co., Coffin Co., Penington,
Colket & Co., G. W. Walker & Co.,,R. F. Wester-
field, B. H. & F. W. Pelzer. ... |
CHESAPEAKE & OHIO RAILWAY CO. Gen.
Fdg. & Imp. 5s. Due Jan. 1, 1929,——F.
See Map 21.
Dated January 2, 1909. Interest payable
aan ea July 1, at J. P. Morgan & Co., New
York. a
Authorized—$30,000,000.
Outstanding—$3,698,000. :
Deposited under First Lien & Imp. 5s, $7,302,-
000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered $1,000 and multiples
thereof. C. & R. interchangeable. ,
Trustees—United States Mortgage & Trust
Co., New York, and William H. White.
Redeemable at 107}¢ and interest on any
interest date upon 12 weeks’ notice. .
Secured by a first mortgage on four miles of
branch road, a second mortgage on (1) 740 milega
of road from Kenova, W. Va. to Ashland, Ky.,
Denton to Lexington,. Ky., Catlettsburg to
White House, Ky., and branches to Kthel.
Helen, Peytona, Lawson, Carterboro, McDanald,
and Winterburn, W. Va., and other points,
subject ta prior. liens at the average rate of:
$82,200 per mile, a third mortgage on (2) 802.
milgs of pad | from Richmond, Va., to Kenova,
W. Va., via Gardonsville, Ashland to Covington,
Ky, and numerous branches, of. which 390 miles’
are double tracked, subject to prior liens at the rate.
of $76,500 per mile, a third collateral lien on (3).
bridge over the Ohio River between Covington, .
Ky. and Cincinnati, Ohio, and a fourth mort-
gage on (4) 250 miles of road from Newport News
to Old Point Comfort_and from. Richmond -via
Lynchburg to Clifton Falls, Va., subject to prior
liens at the rate of $61,200 per mile. :
Prior Liens—$98,000,000 Ist Consol. 5s, Gen-
eral 434s, and divisional bonds. . .
Pacterliee 405,000.00 bonds ‘and secured
notes. . : a“
Listed on the New York Stoek”Exchange.
Legal for N. H.
Original Market—Underwritten in 1909 by
J. P. Morgan & Co. and Kuhn, Loeb & Co., New,
; Market. ‘, , = ‘
New York—Seasongood & Haas, Bigelow ‘&
Co., Robinson & Co., Low, Dixon & Co., Gilman
& Clueas, L. M. Prince & Co., E. & C.*Randolph,
F.'S. Smithers & Co. : .
Philadelphia—Chas. Fearon & Co.
CHESAPEAKE & OHIO RAILWAY CO.
Terminal Ext.'1st 6s. Due June 1, (1922.
See Map 19. : Es BS as
Dated June 1, 1882. Interest payable June
and Dec. 1, at J. P. Morgan & Co., New York.
_ Authorized—$3,000,000. f ak + whe Ses,
Outstanding—$142,000 ‘(Closed mortgage).'* °
Denomination—Coupon, $1,000. Registerable
as to principal. : : . : :
Trustees—Joseph P. Lloyd and Frank’ H..,
Davis. — Oo) git a ;
Secured by a first mortgage on (2) 10 miles of
road from Newport News, Va.,, to Old Point
Comfort, and. also terminal property. “These,
bonds are outstanding at the rate of $14,200 per.
mile. aioe, Me
., Underlies—$146,000,000 bonds and secured
notes. The Ist Consolidated Mortgage pro-
vides for the retirement of this issue.
Legal for Cal., Fla. and N.'H.
: ‘ Market.
_ New York—J. H. Becker & Co. .
CHESAPEAKE & OHIO RAILWAY CO. Conv.
44s. Due Feb. 1,1930.—F. |
See Map 21. Gt
Dated February 1, 1910. Interest payable
Feb. and Aug. 1, at J. P. Morgan & Co., New.
York.
5 SRY ee
York.
Authorized—$37,200,000. %
‘Outstanding—$31,390,000. ;
Denomination—Coupon, $1,000. Registerable
as to principal. Also fully registerable. C. & R.
interchangeable.
Trustee— United States Mortgage & Trust Co.,
New York. . : c
Redeemable as a whole, beginning Feb, 1,
1915, at 1024 and interest on-any interest, date
upon 90 days notice. : .
Convertible into common stock at par prior to
Feb, 1, 1920. If called for redemption during
this period, they may be converted.up ta and
including the second day of January or ‘July
next preceding the date ofredemption. , a
_. Secured equally with $40,270,000 First Lien &
impv’t bonds, on all of the property of the com-
any described under the Gen, 414s and General
Funding & Impv’t 5s above. These bonds are
secured by a first collateral lien on (5) 261 miles
of road from Cincinnati, O., to Chicago; a second
mortgage on 4 miles of road, subject ‘to prior
148
liens at the rate of $2,100 per inile, a third mort-
gage dh (1) 735° miles of road, subject to prior
liens at the rate of $38,500 per mile, a’ fourth
mortgage on (2) 802 miles of road, subject to
prior liens at the rate of $82,700 per mile, a fourth
collateral lien on (3) bridge over the Ohio River
between Covington, Ky., and Cincinnati, Ohio,
and a fifth mortgage on 252 miles of road,
subject to prior liens at the average rate of
$67,900 per mile. They are further secured by
a first lien on $7,302,000 General Funding
Impv’t 5s of 1929. "(See above.) The First
Lien & Impv’t bonds are deposited as security
for. $28,000,000 notes, ae June 1,1914. These
convertible bonds and the 1st Lien & Impv’t
bonds are outstanding at the rate of $34,200 per
mile on all of the road owned by the Company,
including line covered by collateral lien.
Prior Liens—About $102,000, 000 Funding &
Improvement. 5s and underlying issues. ;
Listed on'the New York Stock Exchange.
_Legal for N. H.
Original | ‘_Market—Offered in 1910 by J. P.
Morgan & Co., Kuhn, Loeb & Co., and the
National City Bank, New York, to the stock-
holders for subscription at 9314 and interest.
Market. © -
| New York—Coffin & Co.; Spencer Trask & Co.,
Curtis -& Sanger, Eugene Meyer, Jr., & Co.
H. P. Taylor & Co., E. & C, Randolph, Bernhard,
Scholle & Co., Newborg & Co., L. M. Prince &
Co., Seasongood & Haas. — i 2,
a bhiladelphia—E. B. Smith & Co., Mellor,
etry, Montgomery, Clothier & Tyler.
aes Cus & Sanger, Parkinson & Burr.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. “Taylor & Co.
CHESAPEAKE & OHIO RAILWAY CO. ist
Cons. 5s. Due May 1, 1939.—F.
‘See Map 19.
Dated January 1, 1889. . Interest payable May
and Nov. 1, at Morgan & Co., New York.
authorized-—$30, 000,000.
* Outstanding—$29, 858,000.
Denomination—Coupon, $1,000. Registerable
as to principal only; or fully registerable in
amounts of $500, $1,000 and $10,000.
a Trustee—Central Trust Co., New York.
“Secured by.a first’ mortgage on (3) 665 miles of
road from Newport, News, Va, through Rich-
mond, Va., to Kenova, W. Va., ‘Ashland, Ky.,
to Covington, Ky., and a Second mortgage on (2)
10 miles from Newport News to, Old Point
Comfort, subject to a prior lien at ‘the rate of
$14,200 per mile. Further secured by the first
collateral lien, through deposit of all of ‘the
stocks and bonds of the Covington & Cincinnati
Elevated R. R. & Trans. & Bridge Co., on (4) the
bridge over ‘the ‘Ohio River | etween Covington
and Cincinnati. Bonds of 'this issue ‘are out-
standing at the rate of $44,300 per mile on ‘the
entire main line of the Chesapeake & Ohio Rail-
way Company except 8 miles from Kenova, W.
Va., to Ashland, Ky. 391° miles are double-
tracked.
jerlor: Lien—$142, 000 C, & O. Term. Extn. 6s
0
Underlies—$117,000,000 bonds and secured
notes.
Legal for Cal., Fla. and N. H.
Listed on the ‘New York Stock Exchange.
Original Market—$5,371,000 sold to an under-
writing syndicate at ‘90, when road was reorgan-
ized in 1888.
Market.
New York—Redmond & Co., Coffin & Co.,
Bull & Eldredge, Sutro Bros. & Co., Crawford,
Patton & Cannon, Wm. A. Read & Co., J. S.
Bache & Co., Bigelow & Co. S. Farlee &
Co., Haier & Battelle, Lada & Wood, Simon
Borg & Co., Low, Dixon & Co., Jacobson &
Friedman, A. M. Kidder & Co., Seasongood &
Haas, Harvey Fisk & Sons, L. M- Prince & Co.
144
iladelphia—Chas. C. Harrison, Jr. & Co.,
Cas tt & Co., Henry & West, E. W. Clark °
Co.
" Omaha—City Trust Co.
CHESAPEAKE & OHIO RAILWAY CO.
‘Phi
sa
Craig Valley Br. 1st 5s. Due fae A;
1940. Fr,
See Map ee
Dated’ Tray 29, 1890.: Interest
payable 3 Jan.
and July 1, at J. Pp, Morgan & Co., New York.
Authorized and Outstanding—$650,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee—Central Trust Co., New York, and
Decatur Axtell.’
Secured by a first mortgage on (5) 26 miles
of road from Eagle Mountain to New Castle,
Va. These bonds are outstanding at the rate of ©
$25,000 per mile on a relatively unimportant
branch of the company’s road. ~
Underlies—$117,000,000 bonds and secured
notes. Bonds are reserved under the General
Mortgage of 1992 to retire these bonds at ma-
turity.
Legal for Cal., Fla. and N. H.
Listed on the New ror Stock mdetnagh,
Mark
New York—Coffin & Co. Wm. C. Wilson,
Newborg & Co.
CHESAPEAKE. & OHIO RAILWAY _ CO.
Warm Springs Val. Br. 1st 5s. Due March
1, 1941.—F. |
See’ Map 19. “
Dated ‘November 10, 1890. Interest payable
ae and Sept. 1, at J. P. Morgan & Co., New
ork. ;
. Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central. Trust Co., New York.
Secured by a first mortgage on (6) -25 miles
of road from Covington to Hot Springs, Va.
Bonds of this issue are outstanding at the rate
a $16,000 per mile, on a branch which gives the C.
& O. Ry. its entrance into Hot Springs, Va., one
of the leading resorts of the country.
Underlies—$117,000,000 bonds and secured
notes. General Mtge. bonds ' are reserved’ to
retire this issue. |‘
Legal for Cal., Fla. and N.H.
Listed’ on the New York Stock Exchange.
Market.
New York—Callaway, Fish & Co., Folsom &
Adams, Newborg & Co. 2
CHESAPEAKE & OHIO RAILWAY Co.
Paint Creek Br. lst 4s. Due Feb. 1, 1945.—
F.!
See Map 19. .
Dated February 1, 1905. Interest payable
aera Aug..1, at a _P. Morgan & Co., New
ork.
Authorized—$750,000.'"
Outstanding—$539,000.
Denomination—Coupon,, $1,000.
able as to principal. :
Trustee—Central Trust Co., New York..
Secured by a first mortgage on (7) 22 miles
of road from Paint Creek Jct. along Paint
Creek to Kingston, W. Va. These bonds are
outstanding at the rate of $24,500 per mile.
Undertlan “30 ,000,000 ‘bonds and secured
notes.
Legal for Cal., Fla. and N, H.
CHESAPEAKE & OHIO RAILWAY ca. Potts
Creek Br. 1st 4s. Due July 1, 1946.—F.
_ See Map 32
Dated uly’ 1, 1906. Interest payable Jan.
and July 1, at J. Pe aorasn & Co., New York.
Authorized—$1,
Gueeeasg 500: ‘N00.
Register-
Denomination——Coupon, $1,000. :
able as to principal.’
Trustee—Central Trust Co., New York.
Secured by a first mortgage on (8) 20 miles
of road from Covington to Bess, Va. These
mile are outstanding at the rate of $30, 000 per
ile.
ee ee, ,000,000 bonds and secured
notes.
Listed on the a foe Stock Exchange.
Legal for Cal. and
Original Market-—Offered in 1907 by White,
eld & Co., and Proctor & Borden, New York,
at 90 and interest.
Market.
New Torin ppenieer Trask & Co., A. E. Fitkin
& Co., H. F. Bachman & Co.
CHESAPEAKE & OHIO RAILWAY CO.
Richmond & a yeeneny Div. ist Cons. 4s.
Due Jan 1, 1989.—
See Map 19.
Dated Jan. 20, 1890. Interest payable Jan.
and July 1, at Central Trust Co., New York.
-Authorized and Outstarding—$6, 000,0
Denomination—Coupon;_ $1,000. Registerable
as to principal. :
Trustee—Central Trust Co., New York.
Secured by first mortgage on (9) 242 miles of
road including line from Richmond to Clifton
Forge, ‘Va., ‘230 miles and branches. Bonds of
this issue are outstanding .at the rate of $25,000
per mile on an important division of the road, 14
miles have been double tracked.'
Pedi 000, 000 bonds and secured
notes.
Legal for Cal., Fla. and N. H.
Listed—New York Stock Exchange.
Market. ae 28
New York—Spencer Trask & Co., Percy H.
Bradshaw, Wolff & Stanley, Coffin & Co., L. M.
Prince & Cony Freeman. & Co., Hartshorne &
Battelle, J. S. Bache & Co.," Coggeshall & Hicks,
Redmond & Co.
Baltimore—Hambleton _&.Co.,, Middendorf,
Williams & Co., Jenkins, Whedbee & Poe. °
Philadelphia—Henry & West. .
CHESAPEAKE & OHIO RAILWAY CO. Rich-
mond & Allegheny Div. 2nd Cons. 4s.” ase
Jan. 1, 1989.—
See Map 19.
Dated Jan. 20, 1890. Interest payable Jan.
and July.1, at J. P. Morgan & Co., New Yor! bay
‘Authorized and Outstandir 'g—$1,000,000.
_ Register-
Denomination—Coupon, $1,000. Baiesietehle
as to principal. :
Trustee—Central Trust Co., New™ York.
Secured by a second mortgage. on the. MS) 242
miles of road covered by the 1st Cons. 4s. ‘(See
above.) Bonds of this issue are outstanding at
the rate of: $4,200 per mile.
-Prior Lien—$6,000,000° 1st Cons. 4s of 1989.
Underlies—$117, 000, 000 bonds and secured
notes. eB
Legal for Balt and N. H.
Listed on the New York. Stock Exchange.
Market.
New York—Redmond & Co.
CHESAPEAKE & OHIO RAILWAY CO. Gen.
4%s. Due March 1, 1992-—F.
See Map 20.
Dated February 23, 1892. interest. payable
March and Sept. 1, at J. P. Morgan & Co., New
York.
- ‘Authorized—$70, 000,000 and $25,000 per mile
additional for double tracking, but not more than
$1,500,000 in any one year to be issued under this
provision.
-Issued—$48,129, 000. (No more bonds may
be issued except to retire prior liens and for
double-tracking.) '
Denomination—Coupon, $1,000. Resisterable
146
as to priavinat ‘oF jolly registerable. Registered,
$1,000' and $10, i
pesokene Central ‘Trust Co., New York, and
Henry T. Wickham.
‘Secured by a ‘mortgage on 1,491 miles of road
as follows: By a first: mortgage on (1) 489 miles
of road from »Kenova, W. Va., to Ashland,
Ky.; from Denton, Ky., to Lexington, Ky.;
Catlettsburg, Ky., to White House, Ky., and
branches; a’second mortgage on (2) 802 miles, in-
eluding ‘655 miles between Richmond, Va.,
and Kenova, W. Va., and Ashland and Covington,
Ky., and numerous branches, 390 miles being
double-tracked, subject to prior liens at the
average rate of $44,000 per mile,’ and a third
mortgage on (4) 250 miles of road, including 10
miles between Newport News and Ola Point Com-
fort, 242 miles from Richmond via Lynchburg to
Clifton Forge, subject'to prior liens at the rate of
$29,000 per mile. Further:secured by a’ second
collateral lien, by deposit of all of the stocks and
bonds of the Covington & Cincinnati R. R.
Trans. & Bridge Co., on (3) bridge over the
Ohio River’ between Covington, Ky., and Cin-
einnati, O.- Bonds of this issue are outstandin:
at the rate of §32,200 per mile on the cprmeipel
mileage owned by the company. he road
covered by the first lien of this mortgage forms
a link in'the main line between Richmond and
Cincinnati, O.’and Louisville, Ky,, and ‘serves ex-
tensive coal fields in Kentucky and West Virginia.
Prior Liens—§$42, 688,000 Consol. 5s and divi-
sional liens.
‘Underlies—$70,000, 000 bonds and secured
notes.
Legal for N. H.
Listed on the New York and Washington Stock
Exchanges.
Market.
New York—National City Bank, L. a
Prince & Co., Bull & Eldredge, Clark, Dodge &
Co., Hornblower: & Weeks, Redmond & Co.,
Gueranty Trust’ Co., Chas. D. Barney & Co.,
&"C. Randolph, - Herrick’ & Bennett, A. E.
Fithin & Co., Gilman & Clucas, Hartshorne &
Battdlle, Low, Dixon Co., -Montgomery,
Clothier & Tyler, Seasongood & ‘Haas.
Baltimore—Hambleton & Co.
Boston—Lee, Higginson & Co.
Philadelphia-—Chandler Bros. & Co., Mont-
gomery, Clothier & Tyler.
Providerice—Jobn GC. Hume : & Co.
PTE a en’
CHESAPEAKE & OHIO RAILWAY CO. 5-Year
5% seuret Notes. Due June 1, 1919.—N.
See Map i
. Dated Baie 1, 1914,
atid‘ December 1. -
Anthorized—$40,000,000.
* Outstanding—$33,000,000. —
‘Denomination—Coupon, $1,000 and multiples.
Registerable as to principal. -
oa Loan & ‘Trust Co., New
or
Redeemable on any interest date on or before
June 1, 1916 at-101 and interest on 30 days’
notice, and thereafter at'100 and interest.
Secured By deposit of $40,270,000 5% bonds
issued under the First Lien & Improvement mort-
gage. dated Dec. 1, 1910, at the rate of $875 of
notes for $1,000 of bonds. - The indenture provides
that no bonds'shall be issued under said mortgage
unless pledged as security for these notes, as’ ong
as any are outstanding; bonds so pledged may be
sold under restrictions but the proceeds are to be
used for the redemption of these notes; out of'the
net incomé earned ‘after April 1, 1914, the com-
any shall pay to the trustee, in equal quarterly
installments beginning Aug. 1, 1914, $2,000,000
for the year ending June 30, 1915, $3, 000; 000
June 30, 1916, and $4,000,000 annually for’ the
three succeeding years, to constitute a fund to
be used solely for capital expenditures, including
payments and discounts on’ equipment trusts,
Interest payable June
if such quarterly payment is not made no.dividend
shall be paid upon the stock until all sugh over-
due payments have been met; no dividends shall
be declared on the stock unless the net: income
after ‘April 1, 1914, shall .be in excess of all
matured . installments..of.said fund and of, the
dividends paid for the fiscal year or years sub-
sequent to.said date. .
The First Lien and Improvement. mortgage
5% bonds due Dec. 1, ‘1980 are secured by a
first lien through deposit of allstocks and. bonds
on 261 miles of road between Cincinnati and
Chicago and the eight miles of read and 30
miles of branches of the Logan & Southern Ry.
extending to coal minesin Guyandotte Valley
section West Va.; $8,825,000 of $11,000,000
capital stock of Hocking Valley Ry. Co., $4,-
026,500 of $9,000,000 capital stock of Kanawha
& Michigan. Ry. Co., $7,302,000 of $11,000,000
General Funding..& Impt. 5s due Jan. 1, 1929,
and also by a eral Men on. equipment, costing
nearly $10,000,000 ; ; ch, §
Legal for -
-Original Market—Under written ‘March, 1914,
by _a.syndicate headed by Kuhn, Loeb & Co,,
and .the. National, City Bank, ee “ous, and
offered at 97 and interest, :
. Market. i
New .York—C. H,, Hensel, Robinson, & Co.,
Seasongood & aan Hornblower Weeks,
Bigelow:& Co., a, Fhitney, & Sons, Soren Ae
Bartle) Didrichsen & Co, Salomon “Bros
Hutzler, L. F. Rothschild & Co., A. B.,Leach &
Co.,,.Bull & Eldredge, J. J. “Levenson, ,, Mann,
Bill & Ware. a ality
Pittsburgh—Gordon & Co. - :
St. Louis—Simon, .Brookmire & ciitterd, at
Philadelphia—R. W. Daniel & Co.,.Reed-
Huntoon, Mellor & Petry, Graham & Co.
Chicago—Winthrop & Co. ©) sag) io
CHESAPEAKE £& OHIO RAILWAY co. Equip.
4s, Series. “‘H.” Due, $80,000 each, April
and Oct. Ist to April 1, 1916,, inclusive.—
Dated April 2, 1906. Interest payable, April
and Oct. 1, at Fidelity Trust. Co.,, spailadelpnls.
Authorized—$1, 600,000. ,
Redeemed—$1, 440, 000... "ee ta
Outstanding— —$160, ‘000.
. Denomination—Coupon, $1, 000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Secured by an equipment trust agreement on
35. ‘Ipcomotives and 995 steel gondola cars. _
: Market.
‘(All Equip. Issues).
New York—Farson, Son & Co., Guaranty
Trust Co., Blair & Co., Freeman & Co., Cogge-
shall & Co., Seasongood & Haas.
Philadelphia—Graham & Co., Henry & “West,
E. B. Smith &. Co., Reed A. ” Morgan & Co.,
S. K. Phillips, Geo. S.. Fon & Sons, Cassatt & Co.,
« ©. Harrison, :Jr., &
“Baitimore—Maciubin,. ‘Goodrich & Co., Poe
& Davies... ;
: Boston—Edgerly & Crocker.
CHESAPEAKE & OHIO RAILWAY CO. Equip.
As, Series ‘‘I.””) Due $50,000 each June and
- Dec. 1st to June 1, 1916, inclusive.—F.
Dated June 1, 1906. Interest ayable June
and. Dee. 1, at Blair & Co., Sm ‘
Authorized —$1,000, 000. .-
Redeemed—$850,000.:
Outstanding—$150, 000. : Hi
Denomination—Coupon, $1, 000.;. ;.
Trustee—New York Trust.Co., New York.
Secured by an equipment trust agreement on
1,000 steel gondola cars._
Market.
See Series ‘““H.””, ————__——_
CHESAPEAKE & OHIO RAILWAY CO. Equip.
4s, Series ‘‘J.’”” Due $95,000 each Feb.
_and Aug. Ist to, Aug. 1, 1916, inclusive.—F,
Registerable
-Dated Auguat il, Aodgec nee payable Feb.
and Aug. 1, at Blair & Co., New York. ae
Authorized-;-$1,900, ae ae
Redeemed—$1, 6 ae
Ontstanding—-$285,000 a 25
» Denomination Gor on, a 000. .
Trustee—New York Trust Co., New York.
i. Secured by an, Equipment trust agreement on
2,000 steel gondola ears.
i Market: : o :
See Series “HL ay ‘ pe 4
CHESAPEAKE. & OHIO RAILWAY co. ‘Equip:
4s, Series “K.” Due $80,000,,each April.
and Oct. 15th to Oct. 15, 1916, inclusive.—F.
Dated’ October 15, 1906. Interest payable
April and Oct. 15, at Guaranty Trust Co., New
York. Be
Authorized—$1, 600,000. : mE fi ss ,
Sinking Fund—Annually }4 of 1% of outstand-
ing bonds from Dec. 1, 1912, to June.1, 1922, and
4 of 1% from Deg..1, 1922, to maturity for the
w une
bh hy
purchase or redemption of bonds at not exceed-
ing 105 and interest. Bonds so acquired to’ be
cancelled. é wee
Organization—Incorporated i in Pennsylvania in
1911 as a consolidation of a’‘number ‘of: small
electric light and. power companies supplying
West Chester, Pa., and vicinity. Power plant
located in West: Chester. Controlled by the
American Gas.
Secured by a first mortgage on plant supplying
West Chester, Pa., and vicinity with electricity.
Population served, "about 20,000.
Net Earnings, 12/31/14 weareath ine
Interest........-.....
Original Market—Offere id 191 y
gomery, Clothier and Tyler, Philadelphia, at 97 4%
and interest and a 25% bonus:of common stock.
Market.
Philadelphia—Montgomery, Clothier & Tyler,
Reilly, Brock & Co., C. D. Barney & Co.
coer WATER CO. ist 5s. Due July 1,
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$150,000: °
Denomination—Coupon, $500.
Trustee—Union Trust Co., New Haven, Conn.
Assumed by Guilford-Chester Water Co.
Control—Absorbed in 1908 by the Guilford-
Chester Water Co., which company supplies
water to Guilford; Madison, Clinton, Westbrook,
Essex and Chester, Conn. Population served
20,000. Franchises are perpetual.
Secured by a first mortgage on all the property
formerly belonging to the company and including
20 miles of pipe and ene reservoir.
Underlies—$401,000 G.-C. W. Co. Cons. 5s.
of 1939 which provide for the retirement of this
issue.
Net Earnings, 12/31/14,.......... $27,946
Unterestizs sic: ciinseeis dois ws poesia je wi sceoareans 21,383
Market.
New Haven-—Kimberley, Root & Co., H. C.
Warren & Co., Chas. W. Scranton & Co.
New York-—Edmund Seymour & Co.
CHESTERFIELD & LANOASTER: i R. CO. Ist
5s. Due Aug. 1,.1955.— ‘
See Map 113.
' Dated Aug..1, 1905. . Interest payable Feb. and
Aug. 1, at a aa Co..
Authorized—$750 7
Outetanding $196,000.
Denomination—Coupon, $1,000. .
as.to principal.
, Trustee—Columbia Trust Oo.
Control—The.Seaboard Air Line Ry. Co, owns
a majority of the $500,000 capital: stock.
Secured by a first mortgage on (16) 38 miles of
road from a connection with the Seaboard Air
po Ry. at Cheraw to Pageland and Crowburk,
‘ Underlies—$67, 000 2nd en of 1918.. :
**Net Deficit, 6/30/14. . e le gene
DM bOregl os sce viesssaiatse ae oS rhe eanacieens & 320
*Compares with balance of ib, 846 available
for interest in 1912-13.
Original Market—First offered by F. J. Lisman
& Co., New York; in 1905.
CHICAGO & ALTON R. R. CO.
Incorporated in Ilinois-in 1906 as a consolida-
tion of the old Chicago & Alton Railroad Com-
pany and the Chicago & Alton Railway Company.
The company owns 617 miles of road, of which
192 miles are double tracked, and leases 291
miles, of which 37 miles are double-tracked.
The road owned includes the entire system in
Illinois excepting from Joliet to Chicago and a
small branch. { this mileage 20 miles between
Joliet and Pequot and 18 miles from Wann to
East: St. Louis, which are figured as double
track, are owned jointly with the Atchison,
Registerable
148
Topeka & Santa Fe Ry. Co. and. the Cleveland,
Cincinnati, Chicago & St.:Louis Ry. Co., Tespect-
ively. In each case each road owns one track.
The‘road owned extends from Joliet to E. St.
Louis, with two lines between Bloomington and
Godfrey, from Peoria to Springfield, and to the
Mississippi River. Leased lines extend from the
Saiesiesioe River to Jefferson City and Kansas
City, oO.
The company has: outstanding $879, 000 4%
cumulative preferred stock, $19,500,000 4%
non-cumulative preferred stock and $19,500,000
common stock; $14,420,000 of the common
stock and $6, 380, 000 of the non-cumulative
preferred stock is owned by the Toledo, St. Louis
& Western R. R. Co., and $10,343, 000 of the
preferred stock is owned by the Union Paci
R. Co. The stock owned by the Toledo,
St. Louis & Western R. R. Go. is deposited as
collateral for its 4% collateral trust bonds, the
preferred stock being deposited par for par andthe
common stock in the ratio of $100 in stock for
each $35 of bonds. No dividends have been paid
on the common stock since 1910, the non-cumula-
tive preferred stock since 1911 nor the cumulative
preferred stock since 1912.
In Aug:, 1914, the T., St. L. & W. R. R. Co.
defaulted in the payment of interest on the col-
lateral trust bonds, secured by the deposit of
G. R. R. stock and the T., St. L. & W. R. R.
Co. is now in the hands of a receiver.
Report, years ended June 30:
1918-14- 1912-13
Gross Barnings.. . .$14,156,275 $15,254,864
Net Earnings...... 2°014,923 414,77)
Net Income..... fae 900,086 1,443,646
Rentals........... 199,273 183,153
Interest........... 3,097,941 2,773, "735
Deficit.......... $2,762,290 $1,883,290
CHICAGO & ALTON RAILROAD CO. 15-Year
8. F. Deb. 5s. Due June 1, 1922.—F.
See Map 70
Dated Fane 1, 1907. Interest payable June
and Dec. 1, at’ Company’s: office, 60 Wall 'St.,
New York.
Authorized—$2,000,000.
Outstanding—$1; “067, 000° (Closed, mortgage).
Retired by Sinking Fund—$59 000. -
Denomination—Coupon, $1, 500° ‘
Trustee—Central Trust Co., New York. ‘~
Redeemable as a whole only at 102% and
interest on any interest date on 60. days’ notice.' °
- Sinking Fund—aAnnually’ ‘beginning: May 15,
1908, 734% of the face amount of these deben-
tures outstanding: to’ accumulate for the purpose
of paying these debentures upon maturity, or for
their redemption at not exceeding _ 10234 and
interest.
Secured equally with $7,300,000 Imp't’ &
Equip. 6s by a lien junior to that ‘of the Ist 3 \%s
on the property covered by. that mortgage, de-
scribed below.
Prior Liens-—$45,350,000 Chicago & Alton 1st
Ref. 8s of 1949, a $22, 000,000 Chicago & Alton
1st Lien 34s of 1950. -
Refunding—Bonds are reserved under the
Impt & Equip. Mtge. to retire this issue.
- Market.
New York—Seasongood & Haas, F. J. Lisman
& Co., Wolff & Stanley, Bull & Eldredge, J. A.
Becker & Co., Bigelow & Co.
CHICAGO & ALTON RAILROAD CO. Ref 3s.
* Due Oct. 1, 1949.—F.
See Map 70.
~ Dated October 1, 1899. Interest payable
earl and Oct. 1, at First National Bank, New
ork. ‘
Authorized—Bonds in excess of $40,000,000
were only to be issued to refund obligations of
the company, excepting that $10,000,000 were
issuable tor extensions at not exceeding $20,000
ae mile, and $5,000,000 for betterments.
tter amount has already peta issued.
Outstanding—$45,350,000.
Denomination—Coupon, $1, 000. '- Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000 and’ $10,000. Cc. & R. inter-
changeab! le.
Trustee—Illinois Trust & Savings Bank,
Chicago.
Secured by a first mortgage on (7) 595 miles ‘of
road from Joliet to East St. Louis via Springfield;
Bloomington to Godfrey, and branches. Further
secured by a first lien on $3,000,000 of the
$4,500,000 preferred stock, $157,100 of the
$271,800 common stock and lease to the property
of the Kansas City, St. Louis & Chicago R. R.Co.
owning (8): 162 miles of road from Mexico to
Kansas City, Mo., free from bonded: debt;
$989,300 of "the - $1, 339,000 - preferred. “stock,
$2,268,800 of the $2,312, 700 common stock and.
lease to the Property of the Louisiana & Missouri
River R. R. Co., owning (8) yt miles of road
from Louisiana. to Cedar City, Mo., free: from
bonded debt; $100,000 of’ the’ "$1,200, 000 stock
of the Kansas City Terminal Ry. owning ex-
tensive freight and passenger terminals in Kansas
City, Mo., used by twelve railroad companies,
which property is subject to $33,000,000 bonds,
and on the leasehold interest in the Joliet &
Chicago R. R. Co. owning (9) 87 miles from Joliet
to: Chicago, Ill. Bonds’ of: this issue are out-
standing at the rate of $52,800 per mile, if. mile-
age covered by..a-collateral lien is included or on
the mileage directly covered at the rate of $76,200
per mile. The road covered by a direct lien in-
eludes all of the important mileage in Illinois,
except the line ‘from Joliet to Chicago, and that
covered by a collateral lien includes the entire
system west of the Mississippi River.
Underlies—$30,000,000 1st Lien 314s, Deben-
ture 5s and General Mtge 6s.
Legal for Balt.
Listed on the New York Stock Exchange.
Market. e
New York—A. E. Fitkin & Co., Freeman & Co.,
Hartshorne & Picabia, Effingham Lawrence &
Co., Ladd & Wood, Douglas Fenwick & Co.
Folsom & Adams, Harris, Forbes & Co., J. J.
Becker & Co., Coffin & Co., Seasongood & Haas.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
Omaha—City Trust Co.
CHICAGO & ALTON RAILROAD CO. Ist 3 4s.
Due July 1, 1950.—F.
See Map 70.
Dated Koni 1, 1900. Interest payable Jan.
and July 1, at’ Company's office, 60 Wall a
New York.
Authorized—$22,000,000. Rite
Outstanding —$22, 000 000. °*
Denomination—Coupon, $1,000.
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
coos See Hoan & Trust Co., New
ork. -
Redeemable at par and interest on any interest
date upon six months’ notice.
Secured: ‘by a first mortgage on (6) 85 miles
of road from Grove to Springfield and Iles to
Murrayville, Ill., and a first lien on $3,472,200
preferred stock and $18,322,400 common stock
of the old C. & A. R. R. Co., which was not
exchanged when the C. & A. Ry. Co. and the old
C. & A.’R. R. Co. were consolidated: into the
present company. It is expressly stated that by
virtue ofthe. deposit of this stock, this’ issue
of bonds is secured on all.of the: property of the
consolidated company, subject to the lien of the
R. R. Co’s 1st.3s, described above. “In this:man-
ner these bonds are secured by: a second mort-
gage on (7) 595 miles of road, a second lien on
stocks and leases of roads owning (8) 264 miles
of unmortgaged road and a second lien on lease-
The
Registerable
hold. interest .in (9) 37 miles of unmortgaged
road. Bonds of this issue are outstanding on
the total mileage covered at the rate of $25,500
er mile, or onthe mileage covered by a direet
Hen. at the rate of $30,900 per mile.
Prior. Liens+-$45,350,000 Chicago & Alton Ist
Ref. 3s of 1950.
Underlies—Chicago & Alton Impt. & Equip.
5s of 1930, the entire outstanding amount ($3,-
500,000): being deposited to secure the 3-Year
Improvement & Equipment 5% notes.
Listed on the News ork Stock Exchange.
Market.
New York—Seasongood & Haas, L. M. Prince
& Co., Korn, Lehman & Co.,- Foster & Adams,
Vickers & Phelps, Newborg & Co.
Chicago—King, Farnum & Co.
Omaha—City Trust Co. ‘
CHICAGO & ALTON RAILROAD CO. Equip.
4s. Series ‘‘C.” Due $98,000 semi-annu-
ally on May and Nov. Ist each year to Nov.
1, 1915.—F.
Dated November 1, 1905. Interest payable
May and Nov..1, at Bankers’ Trust Co., New
York. - :
‘Authorized—$1, 960,000.
Redeemed—$1,862, ‘000.
Outstanding—$98,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
200 hopper cars, 10 consolidation locomotives,
1,000 box cars, 300 stock. cars and 200 refrigerator
cars, and; by.ia supplemental agreement on 5
Pacific type locomotives.
Market.
(For all Equip. Issues.)
New York—Seasongood & Haas, Bull &
Eldredge, J. S. Bache & Co., Curtis & Sanger,
A. R. Risse, Freeman & Co., Didrichsen © Co.,
Coggeshall & Hicks. .
Philadelphia—Graham &: Co.
Baltimore—Nelson, Cook & Co.
CHICAGO & ALTON RAILROAD CO. Equip.
4s. Series ‘“‘D.” Due $113,000 semi-
annually on June and Dec. Ist to June 1,
1916.—F.
Dated June 1, 1906. Interest payable: June
and Dec. 1, at Bankers’ Trust Co., New York.
Authorized—$2,260,000.
Redeemed—$1,821,000.
Outstanding—$339,000.
Denomination—Coupon, $1, 000.
Trustee—Bankers’ Trust Co., New York..
' Secured by an equipment trust agreement on
25 locomotives, 1,300 box cars, 300 stock cars, 300
flat cars and 106 furniture cars.
- Market.
Gee Series “C. ”
CHICAGO & ALTON RAILROAD CO. Equip.
44s. Series ‘‘E.” Due $82,000 semi--
annually on May and Noy. ist each year
to Nov. 1, 1918.—F. ed
Dated November 1, 1908. Interest payable
May and Nov. 1, at Bankers’ Trust ee N.Y.
Authorized—$1,640,000. pe
Redeemed—$738,0 00.
Outstanding—$902,000.
Denomination—Coupon, $1,000.
.. Trustee—Bankers’ Trust Co., New York.
« Secured by an equipment trust agreement on
-2,000 steel gondola cars of 100,000-lb. capacity,
sogpine '$2,051,916.0f which sari, 916 was paid in
cash.
Original Market-—Underwritten in 1908, by
William Salomon & Co., New York a Chicago.
: : Market.
See Series ‘C.”
CHICAGO & ALTON RAILROAD co. Equip.
4\%s. Series. “‘F.” Due $12,000 each
149
-tFeb. Ist and $13,000 each Aug: 1, to Feb.
' 1, 1919.—F.:
Dated February 1, 1909." - Interest ‘payable
ee and Aug. 1, at: Bankers’ Trust Co., New
or
Originally Authorized and Issued—$250, 000.
Redeemed—$150,
Sacanine ae 000:
Denomination—Coupon, : ‘81, 000. « :
» Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust ; agreement on
20 locomotives.
Market.
” See Series “‘ C.”
CHICAGO & ALTON RAILROAD CO. Equip.
5s. Series ‘‘G.”’ Due $72,000 on Oct. Ist
each year to 1918, and $73,000 on Oct. 1,
1919 and 1920.—F.
Dated October 1, 1910.” ' Interest payable
April and Oct.'1, at ‘Trustee’s office...
‘Authorized—$722, 000. + Boy
Redeemed—$288,000.
Outstanding—$ 434,000. ;
Denomination—Coupon, $1, 000. .
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, ' Philadelphia.
5 Redeemable at 101 and interest on any interest
ate.
Guaranteed principal and interest by the
Chicago & Alton R. R. Co.
Secured by an equipment trust agreement on
40 freight and passenger locomotives.
~ Original Market —Offered in 1910 by Brown
Bros. & Co., New York and Philadelphia, at
prices yielding about 5.20%.
Market.
See Series “ C.”-
CHICAGO & ATLANTIC RAILWAY TERMI-
NAL CO. 1st5s. Due July 1,'1918.—N.
Dated November 1, 1888. Interest: payable
Jan. and July 1, at Erie R. R. office, 50 scoureh
St., N. Y.
Authorized and Outstanding—$300,0
' Denomination—Coupon, $1,000. Hogisterable
as to principal.
.’ Trustee—Central Trust Se 8 New: York.
Assumed by the Erie R. R.
»’ Control—Merged into the Erie R.R.Co. |
Secured by a first mortgage on numerous
parcels of land located in various .places ‘along
the line of the Chicago & Erie R. R. used by the
company, on which stations, machine: shops: and
other buildings: have been erected. - ~
Refunding—Bonds are_ reserved -under the
Erie R. R. Cons. Gen. Lien Mortgage of 1996
to retire this issue. ~
: Market.
New York—Tobey '& Kirk, Coffin & Co.,
F. J. Lisman & Co., Percy H. Bradshaw. :
Hartford—Roy P. Crary:
Ee & oes ILLINOIS RAILROAD
‘inearporaies in Illinois in 1894. “The com-
pany owns 990 miles of road of which 190 miles
are double-tracked. The. lines owned’ extend
from Dolton, 17 miles south of Chicago to Thebes,
Ill., Pana, Ill., and Terre Haute, Ind., and from
La Crosse to Evansville, Ind., with numerous
branches. The company leases road from Pana
to St. Louis from the Cleveland, Cincinnati,
Chicago & St. Louis Ry., from Dolton to Chicago
from the Chicago & Western Indiana R. R., one-
fifth of the capital stock of that company ‘being
owned by the Chicago & Eastern Illinois R. R.
Co., and from Thebes to Ill, Mo., including bridge
over the Mississippi River, and has. operating
rights over or controls-from Terre Haute to
Evansville and several short terminal lines. The
total mileage operated is 1,275 miles.
The company has outstanding $13,626,100
common stock and $12,191,700 preferred stock.
150
The entire issue of common stock. and:.more than
75% of the preferred ‘stéck is owned by. the St.
Louis & San Francisco R. R. ‘Go.,. and a large
part of it is deposited as: security: for the. stock
Trust Certificates. of that company... Dividends
of 6% per annum were paid on the preferred stock
from the organization of the company :to: July,
1913.' On the: common: stock. dividends were
first paid in 1902. The rate has varied.greatly,
10% being paid-in 1907 and 1908 and only.2%
in 1909. In 1913 dividends were discontinued.
The St. Louis:& San Francisco R. R..Co. guaran-
teed 6%: per annum on the preferred, stock and
10% on the common stock which was exchanged
for its certificates. - That company is ‘now in the
hands of reeeivers,.and-will doubtless.lose control
of the C. & E. I. R. R. Co. in the fortheoming
reorganization. :
Owing to its close connection with the St. Louis
& San Francisco. R. R. Co., the difficulties of that
road resulted. in a. receiver. being appointed for
the Chicago & Eastern Illinois R. R. Co. This
was also. due. to eu impaired financial condition
of the C. & E. I. R.iR. Co. which failed to earn
its charges in the year ended June 30, 1913. :
The Chicago & Eastern Illinois R. R. Co. -has
outstanding $56,000,000 bonds, not including
equipment notes, of which $6,900,000 are out-
standing, bonds not secured on the railway
property and $6,000,000 receivers’ certificates.
The bonds are outstanding at the rate of $49,000
per, mile. ':
Report for years ‘ended June 30,, -
1918-14 - 1912-13
Gross Earnings... .$15,544,286 $16,214,972 ..
Net Earnings...... 2,575, 1275 3,330, "304
Net:Income....... 3,035, 966 3, 803,448
‘Interest and rents. . z 051,288 4,210,750
Dividends......... ae eked 367°
Deficit. . cis. os $1,015,322 weet ees
CHICAGO & EASTERN’ ILLINOIS eaenotD
CO. ist Ext. 6s.. Due Dec. 1, 1931.—F.
_ See Map 22. . .
‘Dated December 1, 1881, Interest payable
a and Dee. 1, at Fourth ney Bank, New
or.
Authorized—$250, 000.
Cnistending 4ut 000. ‘
Retired—$159, ue
aye
DenominationCoupon, $1,000. Registerable
as to principal. ,,.:
Trustee—Equitable- Trust Co., New York.
Secured by a first mortgage on. (1) 14 mites of
road from Westville to Sidell, Il. These bonds
are outstanding at the rate of $6, 500 per mile.
Underlies—$6,000,000 Receivers’ Certfs. and
$42,000,000 bonds. Bonds are reserved under
the Refg. & Impv’t. Mtge. to retire this issue.
Market.
New York—Coffin & R. F. Westfield,
Hartshorne & Battelle.
paar ah A & EASTERN ILLINOIS RAILROAD
O. ist Cons. 6s. Due October 1, 1934.—N.
See Map 23.
- Dated June 2, 1884. Interest payable April
and Oct. 1, at: Central Trust Co., New York. °
Authorized—$6,000;000.
Outstanding—$2,736,000. (Closed Mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Secured by a first mortgage on (1) 107 miles of
road from Dolton to Danville, ill., and a second
mortgage on (2) 23 miles of road from. Danville to
Sidell, subject to prior liens at the rate of $8,000
per mile. The road on which these bonds are
secured by a first mortgage is double-tracked,
and forms the main line of the company into
Chicago, the company having: trackage rights
from Dolton. to ‘Chicago, 17. miles. Bonds
of this issue are ee at, the rate of $21,000
per mile.’ !
- Prior- Lieris—$97,000 - ‘Danville - & Grape
Creek Gs of 1920 and $91,000 Chicago & Eastern
Illinois 18t Extn. 6s of 1981.
‘ Wnderlies—$6,000, 000- Receivers’ _Certis. and
$39,000,000 borids.
Listed: on the New York’ and Boston Stock
Exchanges. -
Ma rket. .
© New York—Blodget “& Co., Wm. c. Wilson,
Redmond & Co., Coffin & Co., Wolff & Stanley,
J. Sv Farlee & 'Co., A. M. Kidder & Co., Gilman
& Clueas, J. H. Becker & Co., A. E. Fitkin &
Co., Eyer & Co., L. M. Prince & Co., Newborg
& Co, R. F. Westerfield, Whittemore, Pell &
Co., Seasongood & Haas.
CHICAGO & EASTERN ILLINOIS RAILROAD
' co. Gen, Cane: and 1st 5s. Due Novem-
Dated November 1 1887. Interest payable
May and Nov. 1, at’ Central Trust Co., New York.
Authorized—$30, 000,000. —
Outstanding—321, 343, 000.
Denomination—Coupon, $1, 000.
bonds may be Grehanged for registered,
tered, $1,000 and $5,0
““‘Trustee—Central Penne Co., New York.
Secured by a mortgage on 1010 miles of road as
follows: a first mortgage on (1) 464 miles of road
of which 40 miles are double-tracked, including
the lines from Sidell to Pana, Thebes ‘and Joppa,
270 miles; Rossville to Sidell Jct., 35 miles;
Woodland Jct. to Villa Grove, 62 miles and
branches, practically’ all ‘in Illinois; a second
mortgage on (2) 332 miles of road, of which 155
miles are double-tracked, from Dolton to: Dan-
ville, Ill.; Illinois-Indiana State Line near Hop-
kins, to Brazil, Ind.; ‘and, Danville, Ill.,.to Terre
Haute, Ind., and branches, subject to prior liens
at the ‘average: rate of $28,000 per mile and a third
mortgage on (3) 23 miles of road from Danviile
to Sidell, Ill., subject'to prior liens at the average
rate of $29, 000 per mile and a fourth mortgage on
(4) 187 miles of road from Terre Haute to Evans-
ville, Ind., and branches, subject ‘to prior’ liens
at the average rate of" $43, 800 per mile. Bonds
of this issue are outstanding at the rate of $21,000
per mile. The mileage covered by the first ‘lien
of this mortage includes the line to. Thebes,
where connection is made with three important
Railroads, and also on a part a the line between
Chicago and St. Louis, the C.,C.,C. & St, L. Ry.
company’s tracks being used "teen Pana and
St. Louis. :
Prior Liens—$15,700,000 Consol. 6s
divisional bonds.
Underlies—$6,000,000 Receivers’ Certfs. and
$26,200,000 bond s.
Listed on the New York and Boston Stock
Exchanges.
Mar
New Yorke, “Blodget & ‘oe, Coffin & Co., A.M.
Kidder & Co.,' Hartshorne ’& Battelle, Harris,
Forbes & Co., Freeman & Co., Wolff & Stanley,
E. & C. Randolph, Gilman & Clucas, Spencer
Trask & Co., Plympton Gardiner & Co., J. H.
Becker & Co., Korn, Lehman & Co., L. M.
Prince & Co., Whittemorg, Pell & Co., Season-
good’& Haas, Bigelow &
Boston—N. W. Harris & ‘Gas
, Chicago—Harris Trust and bacinga Bank.
’ 'Hartford—Richter & Co.
CHICAGO & EASTERN ILLINOIS RAILROAD
~ CO. Purchase mponer 1st Coal S. F. 5s. Due
Feb. 1, 1942.—:
Dated February 1 1912. " Interest payable
Feb. and Aug. LP baO8 Trustee’ 's office.
ized—
Atos ie, 000. ‘No additional bonds
Coupon
Regis-
and
151
may, . be issued unless surplus of R. R. for’ the
preceding year, after, fesucting all chi rges, ‘shall
ave beer at least $1,000,000.
Denpialnaiion Coupon, $1,000. Registerable
as ‘to principal. Registered, $1,000 and $10,000.
- & R. interchangeable.
tae Coe al Trust Co., New York.
Redeemable on any interest date at 105 and
interest on 60 days’ notice, or at 102)4 and
interest for the sinking fund.
Sinking Fiund—A cumulative sinking fund of 2
¢ents.a net ton on all coal mined during the years
beginning April 1, 1912 to 1916 inclusive; 3 cents
a net ton, 1917 to 1926 inclusive, and 4 cents a
net ton each year thereafter,’ ‘payments to be
applied to the purchase or redemption of bonds
at not exceeding 10234 and interest. All bonds
so purchased .or drawn to. be held alive and
interest added to the sinking’ fund.
Secured by a first mort teage, on ty 202 acres of
coal land, and 10 mines. ineral rights to 39,473
acres and leasehold interest in mineral rights to
749 acres of land in Montgomery County, Il.
and Vermillion ard’ Sullivan, Counties, Ind.
Listed on the New York Stock Exchange.
Original Market—Offered in 1912 by Brown
Bros. & Co. and Kuhn, Loeb & Co., New York,
at 97 and interest.
Mar
New York—A. B. ee & Co. eg Kuhn, Loeb
& Co., L. M. Prince & Co., Bigelow & Co.
Philadelphia—-Mellor & Petry.
Chicago—Allerton, Greene & King. ©
Milwaukee—First Sav. & Trust Co.
CHICAGO & EASTERN ILLINOIS RAILROAD
CO. Ref. & Imp. 4s. Due July 1, 1955.—F.
See Map 24,
Dated July 1, 1905. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Interest due J uly 1, 1914, and subsequent inter-
est, in default.
Authorized—$55, 000,000.
Outstanding—$18, O19, 000.
Denomination—Coupon, $1,000. Registerable
= to to. prineipal. Registered, $1,000 and $10,000.
interchangeable.
Cpr gover areas Trust Co., New York.
‘Redeemable at 102% and "interest on 60
days’ notice.
Secured by a lien junior to that of the Gen.
Consol. and 1st 5s ‘f 1937 and also $6,000,000
receiver’s certificates, on the property described
under that issue above. These bonds are se-
cured by a third mortgage on (1) 464 miles of
road, subject to prior liéns at the rate of $27,000
per mile, a fourth mortgage on (2) 332 miles of
road, of which 155 is double tracked, subject to
prior liens at the rate of $55,000 per mile, a fifth
mortgage on (3) 23 miles’ of road subject to prior
liens at the rate of $56,000 per mile, and a sixth
mortgage on (4) 187 miles of road, subject to
prior liens at the rate of $70,800 per mile. Fur-
ther secured by a second Vien on 121 miles of
trackage including from Chicago to Dalton ‘and
from Pana to E. St. Louis, which trackage affords
te company its entrance into Chicago and St.
ouis.
Prior Liens—$6,000,000 Receivers’ Certfs. and
$37,000,000 bonds.
Listed on the New York and Boston Stock
Exchanges.
Original Market—5,000,000 offered in’ 1905
by Redmond & Co., and J. & W. Seligman & Co.,
New York.
. Market.
New York—Redmond & Co., Folsom & Adams,
L. M. Prince & Co., White, Weld & Co., H. P.
Taylor & Co., McGeorge & Vanderhoef, A. E.
Fitkin & Co., Foster & Adams, ‘Hartshorne &
Battelle, Seasongood & Haas.
Buffalo—H. P. Taylor & Co. ;
Pittsburgh—H. P. Taylor & Co.
CHICAGO & EASTERN ILLINOIS RAILROAD
CO. Equip. 44s, Series “‘E.” Due $125,-
000 each Feb. 1st and Aug. Ist to Aug. 1,
1915, inclusive.—F.
Dated August 1, 1905. Interest payable Feb.
and Aug. 1, at Blair = oa New York.
Authorized—$2, 500
Redeemed—$2,375, non
Outstanding —$125, 7000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
30 locomotives, 2,500 freight cars, 25 caboose
cars and 3 postal. cars, costing $2, 864,601, of
which $364,601 was paid in cash.
Market.
See Series ‘“H.” 7
CHICAGO & EASTERN 1 ILLINOIS RAILROAD
CO. Equip. 4 4s, Series ‘‘F.”” Due $220,000
each Aug. 1st and Feb. Ist to Feb. 1, 1916.
inclusive.—F.
Dated February 1, 1906. Interest payable
Feb. and Aug. 1, at Blair & Co., New Yorks
‘Authorized—$4,400,000.
Redeemed—$3,960, aoe
Outstanding—$440,0 :
Pee tione Coe $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an,equipment trust agreement on
89 locomotives, 3,250 steel underframe freight
cars, 3 dining cars and 25 caboose cars, costing
$5,010,000 of which $610,000 was teed in ae
Market.
See Series ‘““H.”
CHICAGO & EASTERN ILLINOIS. RAILROAD
CO. Equip. 5s, Series “‘G.” Due $124,000
each April Ist and Oct. Ist to Oct. 1, 1917,
- inclusive.—F.
* Dated eal 1, 1907. Interest payable
April and Oct. 1 oe (Trustee! 8 office, New York.
‘Authorized—$2,48 0,0:
Redeemed—$1,860,000.
Outstanding—$620, 7000.
Denomination—Coupon, $1,000.
. Trustee—Bankers’ Trust Co., New York.
' Secured by equipment trust agreement’ on
2,000. steel frame dumping gondola cars, ‘costing
$2,737, 912, of which $257,912 was paid in oe
Market.
See Series “H.”
CHICAGO & EASTERN ILLINOIS RAILROAD
CO. Equip. 5s, Series ‘‘H.”” Due $166,000
each March ‘1st and $165,000 each Sept. 1st
to Sept.-1, 1922, inclusive.—F.
Dated Sept.” 8, 1912. Interest payable March
and Sept. 1, at Trusteé’s office, Philadelphia.
Authorized—$3,310,000.
Outstanding—$2, 482, 000.
| Retired—$828,
Teuoalacion conned! $1,000. Registerable
as to principal.
Trustee—Commercial ‘Trust Co., Philadelphia.
Redeemable at 101 and interest on any interest
date on 60 days’ notice.
Secured by an equipment trust agreement
on 3,000 fifty-ton steel frame freight cars, 20
steel underframe caboose cars and 25. freight
locomotives, costing $3,680,000, of which $370,000
was paid in cash.
Original Market—Offered in Sept., 1912,
fae Loeb & Co., New York, on 814% to4 "4%,
asis.
hea
Market. 7
New York—Blair & Co., Knauth, Nachod &
Kuhne, A. E. Fitkin & Co., Robinson & Co. iy
Clark, Dodge & Co., Freeman & Co., Herrick &
Bennett, Jackson. & Curtis, Gilman’ & ee
Bull & Bldredge,, Coggeshall & Hicks.
CHICAGO & ERIE RAILROAD CO.
Due May 1, 1982.—N.
‘Ist 5s.
» See.Map
~ Dated aoe ‘21, 1890; Interest payable May
and Nov. 1, at. Erie R. R.. office, 50. Church St.,
New York.
Authorized and Outstanding $12,000, 000. :
,Denomination—Coupon, $1,000. Registerable
as to principal or fully nepiatera Dis: ;
Trustee—Central Trust Co., New York.
Guaranteed as to interest by the New York,
Lake Erie & Western R;.R. Co. by endorsement,
which guarantee has been assumed by the Erie
R. R. Co.
Organization and Control—Incorporated in
Indiana in 1890. ae entire $1,000,000 stock is
owned by the Erie R. R
Secured by a ponies on (1) 250 miles of
doukle-tracked road from, Marion Jct., Ohio, to
the Indiana-Illinois State Line near “Hammond,
Ind., algo upon all rights to the use of the Chicago
& Western Indiana .R. R. from the Indiana-
Illinois State Line to Chicago, Ill., and the termi-
nal facilities in Chicago; also upon $1,000,000 of
the $5,000,000 stock of the Chicago & Western
Indiana R. R. and $240,000 of the $2,880,000
stock of the Belt Ry. of Chicago, which companies
own valuable terminal facilitiesin Chicago. The
former stock has received dividends at the rate
of 6% per annum since 1896 and_ the latter at
various rates for a long period of years. Bonds
of this issue are outstanding on the main line of
the Erie R. R. into Chicago, at the rate of $48,000
per mile. .
Underlies—$10,000,000 2nd Income 5s, all, but
$98,000 are deposited "under the Erie R. R. Prior
& General Lien Mortgage.
Refunding—Bonds are reserved under the
Erie R. R. Cons. Gen. Lien Mortgage of 1996 to
retire this issue.
Legal for Me. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—L. M. Prince & Co., Callaway,
Fish & Co., Ladd & Wood, Korn, Lehman & Co.,
Percy H. Bradshaw, E. Bunge & Co., Coffin &
Co., Struthers & ont Denny, Pomroy & Co.,
Wm. C. Wilson & Co., ‘McGeorge & Vanderhoef,
Boissevain & Co., Redmond & Co.
Hartford—Roy_ P. Crary. ‘
CHICAGO & ERIE RAILROAD CO. 2d; Inc.
5s. Due Oct. 1, 1982.—N.
See Map 51.
Dated Ses 21, 1890.
annually on Oct. 1.
Authorized—$10,000,000.
Outstanding—$10,000,000 of which $9,902,000
are deposited under the Erie R. R. Consol. Mtge.
of 1996.
Denomination—Coupon, $1,000.
as to principal.
Trustees—New York Trust Co., New York.
Control—Erie R. R..Co. See 1st 5s above.
Secured by a second mortgage on (1) 250 miles
of road covered by the Chic. & Erie 1st “5s
described above. Bonds of this issue-are out-
standing at the rate of $40,000 per mile...
Prior ‘es 000,000. Chic. & Erie. R. R.
1st 5s of 1982.
Market.
New York—MeGeerge & Vanderhoef.
CHICAGO & ILLINOIS WESTERN RAILROAD
Interest payable
Registerable
‘O. Gen. 6s.. Due July 1, 1947.—F.
See. Map 138
Dated July ‘1, 1907. Interest payable Jan.
and July 1, at Trustee’s office,
Authorized—$4, 000,000.
Outstanding—$815, 000 =
' Denomination—Coupon, $1,000.
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable at par and interest on any interest
date on 30 days’ notice.
Chicago.
Registerable
152
Guaranteed ‘as to sae al and’ in erest b;
Dolese &. Shepard Co . : =
'\Secured by a. first ‘mortgage on all property, :
now owned. or hereafter . acquired, including
(1).11 miles of road from: ‘Hawthorne to Willow
Springs and branches, a total of twelve miles in
and around Chicago. Extensions to the stone
and granite quarries of the Dolese’& Shepard
Co. at Napierville, Ill., and Gary, Ind., are pro-
posed.
Net Earnings 6/30/14... eo
Interest
= chiengo—t. B. sardy ‘et ‘Co. ey ‘John Burnham
& Co., Wollenberger & Co.
CHICAGO & INDIANA COAL RAILWAY co.
Ist 5s. Due January 1, 1936.—N.
See Map 22.
Dated eenibes 1, 1885. Interest payable
Jan. and July 1, at Metropolitan Trust Co., New
York. July 1, 1914, and subsequent interest in
default. -
Outstanding—-$4,626,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee— Metropolitan teat Co., New York.
eee by the Chicago & “Eastern Illincis
Control—Consolidated with other roads into
the Chicago & Eastern Illinois R. R. Co. i in 1894
Now in hands of receivers.
Protective Committee—W. W. Jacobs,:: -Hart-
ford, Conn.; R. H. Carleton, of Blodget &' Co.,:
Boston; Edwin S. Hunt, Waterbury, Conn.; and
J. Ss. Farlee, of J. S. Farlee & Co., Boston:
Secretary, Chas. BE. Sigler, 54 Wall St., New
ee Depositary, Central Trust Co., New
ork.
Secured by a first mortgage on (2) 177 miles of
road from La Crosse to Brazil, Ind., with branch
to Indiana-Illinois State Line near Momence, Ill. .
Bonds of this issue aré outstanding at the rate of
$26,500 per mile. The receivers report that coal
formed the principal part of the tonnage carried
by the road;‘‘and that the fields which it serves
are now about exhausted.
Underlies—$6,000,000 Receivers’ Certificates
and $39,000,000 bonds. The Refg. & Imp. Mtge.
of the Chicago & East. Ill. R. R. Co. provides
for the retirement of this issue.
Estimated Earnings—lIt is estimated that the
average annual net earnings for the last five
years were only $5,588 at which there were
interest charges of '$234,5 "
Legal for Cal., Connss Fle. Me., "Midi, Minn.,
o., N. H., N. J., and
_ Listed on the New York ‘Bock Exchange.
Market.
‘New York—Blodget & Co., J. A. Clark & Co.,
Seasongood & ae oe & Co., F. H. Hatch
& Co., Bigelow & Co., J: H. Becker. &- Co.,
McGeorge & Variderhoef. 5
Chicago—Hulburd, Warren & Chandler.
‘Boston—R. L..Day & Co.
CHICAGO & INTERURBAN TRACTION CO.
1st 5s. Due Jan. 1, 1932,—F.
Dated Jan. 1, 1912. Interest payable Jan.
and July 1, at Trustee’s office. '
Authorized—Unlimited.
Outstanding—$1,350, 000.
Held in Treasury —$290, 000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—First Trust & Savings Bank, Chi-
cago.
Redeemable on any interest date, beginning
with lowest number, at 102 and interest.
Organization—Incorporated in Illinois, Feb.,
1912, and acquired by purchase the property:
outside the city of Chicago of the Chicago &
Southern Traction Co. sold under foreclosure.
The company ore its interurban cars over
the lines of the Chicago City Ry. Co.'to a down-
town terminus at Harrisen St. under an operating
agreement between both. companies ratified by:
an ordinance passed January 1912.' woe :
Secured by a‘ first: mortgage on 48 miles. of
electric railway from 119th St. and Vincennes
Ave. in Chicago to Kankakee, IIl., and on all
other property of the company.
Net Earnings, 2/28/15 “ $151,478
Interest and Taxes...... 3 82,257
Market.
Indianapolis—Otto F. Haueisen &:Co.
CHICAGO & NORTH MICHIGAN RAILROAD
CO. tst 5s. Due May 1, i981. f
‘See Map 100.
Dated May 1, 1891. Interest payable. May
and Nov. 1, at Second National Bank, Boston.
In March, 1914, the receivers under order of the
court discontinued payment of interest on the
entire funded debt.of the Pere, Marquette System.
Authorized—-$18,000 per mile of. road. :
Outstanding—$1,667,000 (Closed’ Mortgage.).
Denomination—Coupon, $1, 000.~ Registerable
as to principal.
Trustee—Old Colony Trust Co., Boston, “Mass.
Guaranteed principal. and interest by the
Chicago & West Mich. Ry. Co. by endorsement.
Assumed by the Pere Marquette R. R. Co.
Control—Consolidated with the Chicago &
West Michigan Ry. Co., and property: subse-
quently purchased by the Pere Marquette Rail-
road Co., which company is now in the hands of
receivers.
- Protective » ene Vv. Thayer,
Arthur Adams, T.. Crapo, F. R. Bart, Henry
R. Hoyt, ae H. Wiggin, Frederick H. Ecker,
H. F. Whitcomb and Oliver Prescott. Secretary,
W. B. Donham, 17 Court St., Boston. De-
positary, Old Colony Trust Co., Boston.
Secured bya first mortgage on (1) 100 miles of
road from Traverse City to Bayview, Mich.,
Williamsburg to’Elk Rapids, Mich.,:and ‘branches.
The road on which these bonds are secured ‘paral-
lels the coast of Lake Michigan, forming a
northern extension of the Pere Marquette Sys-
tem. Bonds of this issue are outstanding at the
tate of $16,700 per mile. -
Underlies—$7, 000,000 Receivers’ Certfs. and
$24,000,000 bonds and notes of the Pere Mar-
quette R: R. Co. |
Legal for Cal., Me. and Mo.
‘Listed on the Boston Stock Exchange.
Market. i
New York—Wnm. A. C. Ewen, F. J. Lisman &
Co., Wolff & Stanley, F. H. Hatch & Co., Red-'
mond & Co., Bigelow & Co., Gilman .& Clucas,
Newborg & Co., Blodget & Co., Foster & Adams,
Coffin & Co., Gude, Winmill & Co.
Boston—H. C. Spiller & Co., Walter S. Place,
R. L. Dav & Co., L. Sherman Adams.
Chicago—Hulburd, ‘Warren & Chandler.
oa ae & NORTHWESTERN RAILWAY
Incorporated in Illinois and Wisconsin in 1859.
The company owns 7,830 miles of road of which
900 miles are double-tracked, 105 miles have
third track and 95 miiles have fourth track.
The lines owned extend from Chicago via Mil-
waukee to Elroy, Wis., where connection is made
with a controlled line for Minneapolis and ‘St.
Paul, and Pierre, S..D. and from Chicago to
Omaha and Superior, Neb., Caspar, Wyo., and
Deadwood, 8. D., From Chicago to Elroy and
from Chicago to'Omaha, the road’ is double-
tracked. In connection with the Union Pacific
R. R.:Co.:at Omaha a through line is operated
between ' Chivagp and San Francisco, of which
1,345 miles, from Chicago to Granger, Wyo., is
double-tracked, constituting ' the longest con-
tinuous stretch of double-track in the world.’
“The C. & N. W. Ry. Co. also owns lines into
the Michigan mining region. In addition to the
mileage owned it leases and has trackage rights +
153
over 145 miles of road and controls companies
operating. 2,060 miles of road, including the:
Chicago, St. Paul,. Minneapolis & Omaha Ry.
Co, : (For ‘deseription see under that oer «)
The Chicago: & Northwestern Ry:
outstanding . $28,000,000: preferred. stock. and
$130,000,000 common stock. ‘The preferred: stock:
is entitled. to dividends up to 7%, after which the
common stock is to receive 7%: The preferred
stock is then entitled. to 8%: additional, and the
common stock to the same. Above- 10% per
annum both classes are-to receive dividends at
the same rate. Dividends on the. preferred. stock
have been paid'in each year since.1864,:and on the
common stock since 1878. Since 1902 the present
ais iend. of 7% has been paid on the common
stoc
The total bonded debt Gittstanding?: in the
hands of the public is $190,000,000, or at the rate
of $24,100 per mile, on thewroad owned.., ;
For a long period of years annual net earnings”
have exceeded’ twice the interest charges on the
entire funded debt.
Report years ended J une 30%
918-14 . 1912-13
Gross earnings: . ee ani 051 $83,035,921
Net earnings.... 271,910 24,783,141
Net income..... 8 30'925°730 24, 660, 769
Interest, etc. 10,820,060 93985,747
Divid dends. ea 10, 899,61 615 _ 10,899,615
Surplus asin as $1,206,055 "$8,775,408
CHICAGO & NORTHWESTERN RAILWAY
CO. 30-year Deb. 5s. Due April 15, 1921.—N.
Dated Feb. 28, 1891. - Interest payable April
and ‘Oct. 15, at Company’ 's office, 111 pene
New York.
‘Authorized—$10, 000, 000.
Qutstanding—$9, 819,0 000.-
Held in. Sinking Fund—$181, 000
Denomination—Coupon, $1,000. “Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000,. $5,000: and: $10,000
: Trustee—Union Trust Co., New “York.
Security—See Debenture 5s of 1933 below.
Refunding—Bonds are reserved under the
General Mortgage to retire these bonds.
Legal for N..H. and R. I..
Listed on the New York Stock Exchange.
: Market.
New York—-Struthers & Hiscoe, Estabrook &
Co., Hartshorne & Picabia, Harris, Forbes & Co.,
Gilman & Clueas, Bigelow & Co., Redmond &
Co., A. R. Clark, Hartshorne & Battelle, Wood,
Struthers & Co., Strong, Sturgis & Co., Wm. C
Wilson, & Co., Le. L. Winkelman & Co., Season-
good & Haas. . -
Boston —Parkinson & Burr... w
CHICAGO .& NORTHWESTERN RAILWAY
co. Coll. Tr. Ext. 4s. . Due Aug. 15, 1926.
—N.
"See Map
_ Dated Bil 15, 1886. Interest payable Feb.
and Aug. 15, at Company’ 's office, 111 Broadway,
New York.
Authorized—$20,000,000.
Outstanding—$17,670,000. ah
Held in Sinking Fund—$962,000. . ;
Denomination—Coupon,..$1,000. Fully regis-
terable. Registered, $1,000, $5,000 and- $10,000.
Trustee—Union Trust Co., New York.
_ Secured, through the deposit of the entire
issues. ($7,948,000) of First. Mortgage bonds of
twelve subsidiary. companies, by .a first lien on
(2) 448 miles of.road, from Doland to Groton and
Redfield to-Gettysburg, S..D.; Ishpeming to
Michigamme and Republic, Mich.; and branches,
and a first. lien on $10,675,000 of $18,400,006
Fremont, Elkhorn & Missouri Valley. R. R.
Consol. és of 1933,.which are 9 first mortgage on
(3) 1,172 miles of road from S. Omaha, Neb., to
,the Nebraska-Colorado line, with branches to
Deadwood,..S.'D., : Superior, Hastings, . Verdigre,
Lincoln and other points in Nebraska. Bonds;
af this issue are outstanding at the rate; of
$11,000 per’ mile. The lines: covered by the
direct lien of this mortgage include important,
branches and. connecting. links.
. Underlies—$71,400,000 Gen. Mtge. bonds.
and $19,000,000. debentures: ;-Bonds- are. re-
served under ‘the General Mortgage to retire. this:
issue.
rae for Balt., Cal., Conn.,; Mass.,.N. ., R. I.
an te,
Listed on the New York Stock Exchange.
ib canst Market. 3
Ww York—Woif & Stanley, Estabrook. &
Con Coffin & Co., J. S. Bache & Co., Struthers
& Hiscoe, White, Weld & Go., ear & Co.
Hartshorne. & Battelle, White & , Blodget
Co., Remick, Hodges & Co., hee Rasmus - &
Truesdale, Redmond & Co.
Boston——R. L. Day & Co., be
MS & NORTHWESTERN RAILWAY |
O. Coll. Tr. S. F. 68 and 5s. Due Oct. 1,
ae shee
See Map 24. . i age
Dated ct. 1 | 1879. Interest payable April
and Oct. 1, at Company’ s office, 111 Bron ey
New York and in Londen.
. Authorized—$15,000,00
Outstanding—$5,154,' pone Bes: $5, 820, 000-5s.:
Retired by Sinking Fund—$5, 026, 000. .
Denomination—Coupon, $1,000. "Fully regis-
terable, Registered, $1,000, $5,000 and, $10,000..
eo ee Loan & Trust Co., New
Redeemable for; Sinking Fund at 105.. and:
interest. : feats
Sinking Fund—Commencing Oct., "1884, 1%
annually of bonds outstanding, to. be applied to
the purchase of bonds at the lowest price obtain-.
able, or, if not purchasable at a lower price, to
redeem bonds at 105 and interest; bonds so
acquired to be cancelled; and when so cancelled,,
the Trustee shall deliver to the Company,..an_
equal amount of First Mortgage bonds held here-~;
under, to be selected proportionately . fro: all.
issues, and cancelled.
Secured, : through the deposit. of an vequali
amount of entire issues of first mortgage bonds
of twelve subsidiary companies, by a first mort-.
gage:on:(4) 1,045 miles of road, including from
Tama to Lake Gity, Ta., Story, City to Hawarden,
Ia., Eagle Grove, L[a., to Ellinore, Minn., Tracy,
Minn., to Pierre, S. D., with branches to Water-
town” “and. Columbia, S. D., and numerous
branches. The road covered by this mortgage,
while not of yital importance to the system, in-
cludes many valuable feeders and branches.
paue are outstanding at the rate of $10,500 per
mile. (;
Underlies—$71,400,000 Gen. Mtge. bonds and
$19,000,000 debentures. Bonds are reserved
under the General Mortgage to retire this issue.
Legal for Balt., Cal., Conn., Mass., N..H.
R. I. and Vt.
Listed on the New York Stock Exchange.
. Market.
New York—— Coffin. & Co., ‘Blodget & Co., Red-
mond & Co., Gilman & Clucas, Jacobson & Fried-
man, Estabrook & Co.,, Wood, Struthers & ,Co.,
Hartshorne & Battelle, *Seasongood & “Haas., we
H. Becker & Co., Newborg & Co... ee
Boston—Parkinson & Burr. ... :
Hartford—Roy P. + Crary.
CHICAGO &- NORTHWESTERN RAILWAY
CO. S. F. Deb. 5s. ._Due May 1, 1933.—N.
Dated May 1, 1883. Interest ‘payable May
and Nov. 1, at Company’ s office, 111 Broadway,
New York:
Authorized—$10,000, 000. a ae
Outstanding—$9, 695, 000.
Retired by Sinking Fund—$305,000.
154
= ate ce ene $1, seit bie. Regie
ncipal only, or fully re; erable. Regis-
tered, $1,000, $5,000 and‘$10,00 000. Po i =
Trustee—Union Trust Co., New York. :
Sinking Fund—$200;000 annually to purchase
bonds at not exceeding: 105 and interest. If not
purchasable, company is relieved of liability of
sinking fund. Bonds acquired to be cancelled.
Security—A direct obligation of the Company.
The indenture ‘provides that.no increased mort-
gage debt shall be created without equally se-
curing these bonds, excepting for the enlarge-
ment, improvement or extension: of ‘the.,.Com-
pany’s property. The General ‘Mortgage, exe-
cuted in 1897, contains a clause authorizing the
issuance of bonds under that mortgage ‘to repay.
the railroad.:¢éoémpany for any premium which
it might pay above the par value of bonds re-
funded with proceeds from the General Mort-
gage bonds.. This would seem to be an increase
In debt for other purposes than those mentioned:
in the indenture securing these debenture bonds,
but the General Mortgage expressly -provides
that it does not in any way secure any bonds
except those issued) under it. Bonds are reserved
under the General Mortgage to retire this issue.
Legal -for N.. Hi.
Listed ‘on the New York Stock Exchange.
- +o > Market. 4%
New_York—Redmond & Co., Coffin -& Co.,
Korn, Lehman & Co., Blodeat & Co., Curtis &
Sanger, F. J. Lisman & Co., E. & C. Randolph,
Hartshorne & Battelle, Gilman & Clucas, J. S.
Bache & Co., J. H. Becker & Co., Freeman:& Co.,
Mackay & Co., Ambrose R. Clark, Ladd & Wood,
Simon Borg & Co., Wood, Struthers. & Co., Wm.
C. Wilson & Co..
Chicago—Hulburd, Warren & Chandler.
Philadelphia —E. Ww: ‘Clark & Co.
CHICAGO & NORTH WESTERN RAILWAY
oa Gen. 3 }4s and 4s. ‘Due Nov. 1, wate
‘See M SG oe GUN” Ste
. NOTE- ae 054, 000 4s sold: in 1914 and the
$10, 000,000 5s are stamped ‘Federal: Income
Tax not assumed by company.” -
Dated Nov. 1, 1897. Interest payable on
coupon bonds,:May and Nov. 1, at_company’s
office, 111 Broadway, New York. Interest on
Tegistered bonds, :Quarterly, February Ist.
‘Authorized—$165,000,000. .
Outstanding. ~$80,827,000-3 148; $30,554,000-
38) 0 eae,
In Sinking Fund-—-$489,000.
Denomination-Coupon, $1,000. Registerable
as to principal only, or fully Fopiteralie: Regis-
tered, $1,000, ‘$5,000 and .$10,0'
Trustee—United States Trast Co., New
York.
Secured. by’ a mortgage on.4,974 miles of road,
as follows: ; First mortgage: on (1) 2, fat miles: of
road, including. from Chicago along. Lake»Michi-
gan to Milwaukee, Madison; Wis., and St. :Peter
and Mankato, Minn.,:: Fulton, Til. to the ‘Des
Moines River and numerous branches, including.
those to Des Moines, Anamosa and Muchakinock,. ©
Ia.; Spring.Valley, Aurora, Geneva and Galena,,
Ill; Woodman,:La Crosse and: Eseanaba. Wis.,
Chicago to Fulton, IIll.,; Chicago via Oshkosh to
Green Bay, Wis., and numerous branches, of
which 582 miles are double tracked;.a second
mortgage on (2) 1,889 miles.of road including’
from Chicago'to Fulton,: Iil.,,Des Moines River to
Council Bluffs, Ia., St. Peter,. eas to Pierre,
S. D., Story City, ‘Ta., to Yankton, S. D., Ken-
osha, Wis., to Freeport, Il., and: numerous
branches of which mileage 222 miles are double
tracked, subject to prior liens at. the average
rate of $20, 000 per mile, and by a third mortgage
on (3) 584 miles of road, all in Wisconsin, includ-
ing from Milwaukee to ‘Ashland and, branches,
subject to prior liens at the average rate of $21,000
per mile. Bonds of this issue are outstanding
155
at the- rate of $14,400 per mile. The road.
covered by the first lien of these bonds is, of,
great importance, including a'large part of the
main lines of the road, the line from Chicago *
St. Peter, Minn., being 430 miles long. i
mileage covered by the mortgage includes prac-,
Hoallyahe entire road owned east of the Missouri
iver.
Prior Liens—$28,000,000 S. F. 5s and 6s of
1929 and Extension 4s of 1926 and $19,000,000,
divisional bonds.
Underlies $19, 700,000 Debenture Sine re
Legal for Balt., Cal., Conn., Me., Mass we
Minn., N. H., N..J., N. Y., R. L., Vt. and
Listed on the New York Stock Exchang
Original Market—$15, 000,000 offered rae “L910.
and $7,500,000 in 1911 by Kuhn, Loeb & Ca.,
oe York; $8,054,000 4s offered in May, 1914,
y euba, Loeb & Co., at 9414 and interest and.
BY 000,000 5s in December, 1914, by be same
firm at 102% and interest. fy
arket.
New yore G k, Dodge & Co., ines
Co., Coffin & o PI mpton, Gardiner & Co.,.
Harris, Forbes. & Ca., earongood & Haas, L. M.
Prince & Co., J. S. Bache & W. Halsey &.
Co., Hornblower & Weeks, Sutro Bros. & Co,,
Newborg & Co., Crawford, Patton & Cannon,.
Raymond, Pynchon. &.Co., Redmond & \Co.,
McGeorge & Vanderhoef, Freeman & Co.,
Guaranty 3 Trust Co., Struthers & Hiscoe, Remick,
Hodges & Co.,,,Hartshorne & Battelle, Low,
Dixon Co., Beveriey Bogert & Ca., ‘ood,
Struthers & Co., Hodenpyi,. we. & ore Alex-
andre & Burnet, Herrick. &. Bennett, A, M.
Kidder & Co., John J. Levenson, Gailaway,
Fish & Co., Leonard Snider.& Co.
Boston—N. W. Harris & Co., R. L.. Day & Co.,
. Chicago—Allerton, Greene Harris
Trust & Savings Bank, The Peoples” Trust &
Savings: Bank, a ‘Trust Co, of Illingjs,
Union Trust Co., . Childs & Co., Hodenpyl,
Hardy & Co. |
Providence—John C. Hume & Co.
' Baltimore—Jenkins, Whedbee & Poe.
» Omeha— City Trust Co. aa
CHICAGO & ‘NORTHWESTERN RAILWAY.
Equip. 414s, Series ‘‘A.” Due $300, 000
each July 1 to 1922.—N.
Dated July. 1, 1912." Interest payable. Jan,
1 and July 1, at Trustee’s office. :
- Authorized—$2,700,000.
Outstanding—$2, 400, 000.
Balance Retired.
Denomination —Coupon $1,000.
as to principal only. ‘Registered $1,0
Re am iach s Loan & Trust. Go. + New
or’
Secured by an equipment trust agreement on
75 locomotives, 3 observation buffet cars, 6 ‘steel
dining cars, 6 parlor ears, 30 stéel' coaches, 10
steel smokers, 483 refrigerator cars, 500 flat cars,
146 automobile cars and 111’ box cars.
qicentereble
arket.
New York-—Seasongood *e Haas, Freeman &
Co., Coggeshall & Hicks.
Philadelphia—Graham & Co., WwW. H.. New~
bold’s Son & Co. ° :
CHICAGO & NORTHWESTERN RAILWAY
Equip. 414s, Series ‘‘B.” Due $300,000
each Oct. 1 to 1922.—N.
‘Dated Oct. 1, 1912,. Interest payable April
1 and Oet. 1, at Trustee’s office. a a
Authorized ——$2, 700,000... hm Fes
Outstanding—$2,400,000. :
Balance Retired. le o,
Denomination—Coupon, $1, 000. , Registerable
as to principal only. Registered, $1,000
Trustee—Farmer's Loan & ‘Trust Co. + New
York. =: woo
Secured by an aaitipmath trust agreement, on
454 automobile. ears, 517 refrigerator cars and
2, 699 box ears. f
‘Market. -
See Series “an above.’ eo
CHICAGO '& NORTHWESTERN RAILWAY
Equip. 4's, Series ‘‘C.”” Due $400,000
each July 1 to 1923.—
Dated July 1, 1913.: Interest payable Jan.
and July 1, at’ Trustee's office.
Authorized—$4,000,000.
Outstanding—$3, 600, ,000.°
Balance Retired.
Denomination salen $1,000. ~%
Trustee—Farmer's Loan & Trust, Co. Py New
York.
Secured by an equipment trust agreement on
4 locomotives, 2,000 gondola cars and 2,005
box cars. /
“. Market.
See Series “ay above. , ;
ee & PACIFIC WESTERN Ist 5s.’ Due
5 ‘Bee under Chicago, Milwaukee & St. Paul Ry.
0.
CHICAGO & ROCK ISLAND ELEVATOR ce.
1st 5s. Due $50,000 annually on Oct. 1,
* to 1924.—N.
Dated Oct. 1, 1904:' Interest payable April
and Oct. 1, at ‘Trustee's office or First National
Bank, New York.
Authorized—$1,000,000.
Outstanding—$500,000.
Retired—$500,000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—First Trust & Savings Bank, Chicago,
’Registerable
Redeemable on any ‘interest date -at par and
interest.
Assumed by the Chicago, Rock Island &
Pacific Ry. Co.
Controi--The company: has heen consolidated
with the Chicago, Rock Island & Pacifie Ry. Co.
Secured by a first mortgage on real estate, grain
elevators and docks in Chicago, IIl.
‘Market. -
Pittsburgh—Ussing,, Scoville. & Co.
. Baltimore-—Alex. Brown & Sons. |
New York—Babcock, Rushton & Co.
Chicago—Peoples Trust & Savings Bank.
Philadelphia—Robt. D. Ghriskey & Co.
CHICAGO & WEST MICHIGAN RAILWAY
CO. Cons. (now First) 5s... Due Dec. 1,
- )1921.—F, : :
See Map 100. x
Dated Dec. 1, -1881, Interest. payable June
and Dec. 1, at J. P. Morgan &.Co., New York.
In March, 1914, receivers under order of the
court discontinued payment of interest on the
entire funded debt of the Pere, Marquette
System. :
, Outstanding—$5, 768; 000. «Closed: mortgage.)
Denomination—Coupon, $1,000. : Registerable
as to principal.
Trustee—New England ‘Trust Co., Boston. | :
Assumed by the Pere Marquette R. . Co.
ns ol ia ea war by, the Pere Marquatte
Secured by a first mortgage on 488 miles of road
from LaCrosse, Ind. via Grand Rapids to Tra-
verse City,. Mich., and branches to Bentwater,
Allegan, Big Rapids and other points in Mich.
This road forms a part ‘of the line of the Pere
Marquette R. R. from Detroit and Grand Rapids
to Chicago, and also includes a'line to the north-
western part of the Lower Peninsula of Michigan.
Bonds are outstanding at the rate of $11,800
per mile.
Underlies—$2,500,000 Receivers’ Certfs. and
$24,000,000 bonds of the Pere Marquette R. R.
156
Bonds are reserved under the' Pere Marquette’ 8
Refg.:Mtge..to retire this issue.
Listed on the New ‘York and Boston Stock
Exchanges. °
Market.
New York—Wolff & Stanley, Ww. A. C. Ewen,
F. J. Lisman & Co., Coffin & Co,, McGeorge &
Vanderhoef, F. H. Hatch.& Co., Redmond & Co.,
Bigelow & Co., Curtis & Sanger, Gilman &
Clucas, Foster & Adams, ‘Knauth, Nachod &
Kuhne, J. H. Becker & Co.
Boston—Geo. L. Ware, L. hevetaannlidacaiy
Baltimore—Jenkins, Whedbee & Poe. -
Chicago—Hulburd, Warren & Chandler.
CHICAGO & WESTERN INDIANA RAILROAD
CO. Gen. 6s. Due Dec. 1, 1932.—F.
See Map 134. Silke os
‘Dated Dee, 1, 1882. . Interest payable March,
June, Sept. and. Dec. 1, at as P. Morgan & Co.,
New York: - “Y
‘Authorized—$15, 000, 000. : : ?
Outstanding —$5,569,000. { :
Retired by Sinking Fund-$8, 799, 000.
Denomination—Coupon,: $1, 000. Registerable
as to principal. .. ‘
Trustee—C. H. Russell ‘and H. L.- Satterlee.
Sinking Fund—Under. the terms of leases,
monthly payments of a portion of the proceeds
from rentals, sufficient in amount to retire the
bonds of this issue, on-or before maturity, to be
applied to: their. purchase at not exceeding 105
and interest or for their redemption by lot.
Control—All_the ' property: of the company
exceot.thai‘‘Belt Line Division” is leased for 99
years to: Chicago: & Eastern’ Illinois R. R. Co.,
the Chicago & Erie R. R. oes the Chicago,
Indianapolis:i.& Louisville’R.' R. Co., the Grand
Trunk Western ‘Ry. Co. ‘and the Wabash R. R.
Co., each of which owns one-fifth of the company’s
$5,000,000icapital stock. i Rental 20.% in excess
of the interest’ on ‘all boridscoutstanding. The
“Belt Line Division’ is leased to the Belt’ Ry.
Co. of Chicago for 50 years from Nov. 1, 1912.
The Belt Ry. Co: pays for maintenance and
all-operating expenses and ‘in addition an annual
rental payable monthly, equal to 4% on $18,400,-
000 agreed upon:as the valuation of the division
and. cost of property. formerly owned by Chicago
Union: Transfer. Ry. and the interest on bonds
of the: Chicago: & ‘West. Indiana whose proceeds
have been expended on this division. ‘Approx-
imate total! rental now paid $960,000: per annum.
Rental from all leases for 1913, $3,405,100.
The entire capital stock’ of the Belt Ry. Co. is
owned equally by'the five companies. mentioned
above and the Atchison, Topess & Santa Fe
Ry. Co., Chicago, Burlington & Quincey R. R.
Co., Chicago, Rock Island & Pacifie Ry. Co.,
Chesapeake & Ohio R. R. Co., Lllinois Central
R. R. Co., Minneapolis, St. Paul & Sault Ste.
Marie Ry. Co. and the Pennsylvania Co.
Secured by a first mortgage on 184 miles of
main track and 345 miles of second and miscel-
laneous track, part of which constitutes a belt
line around the city; .and also on 1200 acres of
real estate, including the Dearborn station and
other passenger and freight yards, warehouses,
elevators, wharves, etc., practically all of which
is within the city limits of Chicago or the territory
immediately adjacent.:
Underlies—$44,185,000 bonds and $10,000,000
5 % notes issued under the lst & Ref’g Mortgage
bonds of the Consolidated Mortgage are reserved
for the retirement of this issue.
- Rental payable annually to com-
‘pany or trustees, after pay-
‘ment of operating expenses
@Nd taxes ie ss ici. c's 6 evemanee ea $3,405,102
Annual interest ect 2,623,360
This issue. . 370, 7080
Legal for Cal., “Me., Mich., Minn., Mao., N.J.,
N. H. and Wisconsin.
Listed on the New York Stock Exchange.
»., Market. _ bios
New York—White, Weld & Co,, Potter, Chaate
& Prentice, Coffin & Co., Blodget & Co., Me-
George & Vanderhoef. . f
Philadelphia—Chas. Fearon & Co., - Mellor
Petry. : ge Saas : : Ses
Chicago—Follansbee & Co.
Hartford—Roy P. Crary. cs
CHICAGO & WESTERN INDIANA RAILROAD
CO. Cons. 4s. Due July 1, 1952.—F.
See Map 134.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Chase National Bank, New York
and at Illinois Trust & ‘Savings Bank, Chicago.
Authorized—-$50,000,000. -
Outstanding —$44,185,000. ;
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable. Registered,
$10,000. oupon Bonds of the same amount
are interchangeable. ue :
Trustee—lIllinois Trust & Savings Bank,
Chicago. '
- Control—See Gen. 6s above.
Secured by mortgage upon entire property
subject to the General: 6s, except that the
$10,000,000 Notes have a first lien on the Chicago
Union Transfer yards, and improvements there-
on acquired through ‘sale of' notes.
Prior Liens—$5,569,000 Gen. 6s of 1932 for
the retirement of which bonds of-this issue are
reserved. ee
Underlies—First & Ref. Mtge. under which
$10,000,000: notes have been issued. = © er
Earnings—Seée Gen. 6s above.
Listed on the New York Stock Exchange.
Original Market—Offered in 1908 by Potter,
Choate & Prentice, White, Weld & Co. and
William Salomon & Co.,'New York; offered in
1911 by same firms on a 4.35% basis; offered
in 1914 by the Guaranty Trust Co., White,
Weld & Co., Potter, Choate & Prentice of New
York and Montgomery, Clothier & Tyler of
Philadelphia on about a 4.98% basis.
' “Market. ° :
New York—A. E. Fitkin & Co., White, Weld
& Co., L. M. Prince & Co., Newborg & Co.,
Plympton, Gardiner & Co., F. J. Lisman & Co.,
Wolff & Stanley, Wm. Salomon & Co., Redmond
& Co., A. M. Kidder & Co., Hartshorne & Bat-
telle, Struthers & Hiscoe, Effingham Lawrence &
Co., N. W. Halsey & Co., Guaranty Trust Co.,
Folsom & Adams, Potter, Choate & Prentice,
m. A. Read & Co., Korn, Lehman & Co.,
Coffin & Co., Bernhard, Scholle & Co., Tobey &
Kirk, Low, Dixon & Co., Seasongood & Haas,
Ernest Smith, Harvey Fisk & Sons.
Chicago—Union Trust Co., Harris, Winthrop
0.
Philadelphia—Henry & West, Montgomery,
Clothier & Tyler.’ :
Boston—Wm. A. Read & Co.
Portland—Chester H. Pease.
Hartford—Richter & Co.
St. Louis—John Nickerson, Jr.
Baltimore—W. W. Lanahan & Co.
CHICAGO & WESTERN INDIANA RAILROAD
CO. 3-Year 5% Notes. Due Sept. 1, 1915.
—F.
Dated Sept. 2, 1912. Interest payable March
and Sept. 1, at. New York. ‘
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1,000 and $5,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 102% and interest on any
interest date on six weeks’ notice.
Control—See Gen. 6s of 1932.
Secured by a third lien on all the property
covered by first lien of the Gen. 6s of 1932 and
a first lien on all the property formerly. owned by
the Chicago Union Transfer Co., including a
elearing yard covering land three and one-half
157
miles long and one-half mile with improvements
thereon. 4.5, . >
Prior Liens—$5,569,000 Gen. 6s of 1932 and
$44,185,000 Cons. As of 1952.
Earnings-—See Gen. 6s above. bir as
Original Market—Offered in 1913 by J. P.
Morgan & Co. and the National City Bank, New
York, at par and interest.
Market.
New York—Bull & Eldredge, Morgan &
Bartlet, Seasongood & Haas, Bigelow & Co.,
Bernhard, Scholie & Co., Curtis & Sanger, Mann,
Bill & Ware, Kissel, Kinnicutt & Co,, Salomon
Bros. & Hutzler, Hornblower & Weeks, Boisse-
vain & Co.. ‘ ; “
Boston—Edgerly & Crocker.
Chicago—First National Bank. .
Philadelphia—Henry & West, Chas. C. Har-
Haen; Jr., & Co., Graham & Co., BE. W. Clark &
0.
CHICAGO, BURLINGTON & QUINCY RAIL-
_ROAD CO. :
Incorporated_in Ilinois in 1849 as the Aurora
Branch R. R. Co., name changed to present title
in 1855. The Company owns 8,800 miles of
road, of which 760 miles are double-tracked.
Its lines extend from Chicago to St. Paul and
Minneapolis, ‘to Omaha, Denver, and_ Billings,
Montana, to St. Louis and Kansas City, entering
all of the principal cities in northwestern Illinois,
southern Iowa and southern Nebraska. The
Company also controls, through ownership of a
majority of its capital stock, the Colorado &
Southern Ry. Co., owning and operating roads
from, Orin Jet. and Cheyenne, Wyo., through
Denver, Colo., and Fort Worth, Texas, to
Houston, Tex., a total of 1;870 miles. wee
The C., B. & Q. R. R. Co. has outstanding
$110,839,000 stock, of which $107,613,500 .is
owned by the Great Northern. Ry. Co. and
Northern Pacific Ry. Co., and deposited: under
their joint Collateral trust bonds. The company
has paid dividends in all but three.of the fifty-
seven years since 1861. Cash dividends have
averaged in excess of 6% per annum, and stock
dividends of 208% have been paid. The present
dividend rate is 8% per annum, which has been
«maintained since 1908. a
The total bonded debt of the company out-
standing in ‘the hands of the public amounts to
$182,000,000, or at.the rate of about $25,000 per
mile, For.a long period -of years net earnings
have equalled practically three times the interest
on the entire funded debt.
Report. for years ended, June 30:
. 1918-14 1912-13
Gross earnings... $92,750,934 $94,374,486
Net earnings.... 30,602,586 31,531,595
Net income..... 26,446,543 28,642,403
Interest, ete. ... 9,332,136 9,211,656
Betterments.... 5,715,875 1,647,743
Dividends...... 8,867,128 8,867,128
Surplus...... $2,531,404 $1,295,410
CHICAGO, BURLING TON & QUINCY RAIL
ROAD CO. Iowa Div. Ist S. F. 4s and 5s
Due Oct. 1, 1919.—N.
See Map 28.
Dated October 1, 1879. Interest payable
April and Oct. 1, at National Bank of Commerce,
New York, and at Boston. |
Authorized—$16,000 per mile, and $14,000
additional per mile of second track, but not to
exceed 900 miles of road. Mortgage is now
closed. ;
Outstanding—$5,355,000 48; $2,082,000 5s,
In Treasury—$19,000 4s.
Retired by Sinking Fund and Exchanged—
$8,056,000. . i nd
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New England Trust Co., Boston.
3- Redeemable—4s, for Sinking Fund, at par and
interest; and 5s, for Sinking Fund, ‘at 05 and
‘interest. |’
_ Sinking Fund—16% -of par--value of bonds
issued; payable Oct. 1, each year, ta be applied
to: spardunee of 6s at not exceeding 105and
interest, and of the 4s at not exceeding par and
interest. Bonds so purchased to be cancelled.
Secured by a first mortgage on (1) 892 miles of
road' from Burlington to Council’ Bluffs, Ia.,
with branches to Des Moines, Ia., St. Joseph, Mo.,
and numérous -other points. Bonds of this issue
are outstanding at-the rate of $8,200 per mile.
‘UWnderlies—$63,000,000 Gen. Mtge. 4s. Bonds
are reserved under the General Mortgage to
retire this issue.
Legal for Balt., Cal., Conn. Fia., Me,, Mass.,
‘Mich., Minn., Mo., N. H » N. J, N. x. R. 1
Vt.and Wis. ;
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—J. H. Becker & Co., Raymond,
Pynchon & Co., F. H. Hatch & Co., Didrichsen
& Co., Jacobson & Friedman, Gilman & Clucas,
Hartshorne & on Korn, Lehman & Co.,
Dixon “Co., Wood, Struthers & Co.,
We hieciure, ea & Co., Remick, Hodges '& Co.,
Seasongood & Haas, Ernest Smith, Redmond &
Co., Harvey Fisk & Sons, Struthers & ae L.
M. ’Pringe & Co.
Boston—Parkinson & Burr.
Pittsburgh—Gordon & Co.
Omaha—City Trust Co.
CHICAGO, BURLINGTON & & QUINCY RAIL-
ROAD CO. Southwestern Div. S. F. Plain 4s.
Due Sept. 1, 1921.—N.
“Dated Sept.’1, 1881. Interest payable March
and Sept. 1, at Nat. Bank of ‘Commerce, New
York, and at Boston.
Ki Authorized—$4, 300, ect
* Outstanding—$561, 000
- Held in Sinking Fund. “38, 030,000.
‘Held in Treasury—$76,Q
‘Denomination—Coupon, Ooi: 000.
as ‘to principal. -
Trustee—New England Trust Co., Boston.:
e Redeemable for Sinking Fund at par and in-
erest.
Sinking Fund—$43,000 ancl payable
‘Aug. 1 in each year, to be applied to purchase or
redemption of these bonds at: not exceeding par
and interest; bonds'so acquired to be held alive
and interest added to-the sinking fund. .
Security—A ‘direct obligation of the C., B. &
. R. but not a mortgage.
"Refunding—A sufficient amount of C., B. &
Q. Gen. 4s is reserved to retire. this issue at
maturity.
Legal for N. H. and R. I.
Listed on the New York and Boston Stock
Exchanges.
~ Market.
New York—Curtis & Sanger,.Newborg & Co.,
L. M. Prince & Co., H. N. eee & Sons,
‘Coffin & Co., J. tig ecker & Co., A. M. Kidder
& Co., Fanshawe t Co., L. M. Prince & Co.
Philadelphia—Chas. "C. Harrison, Jr., & Co.,
Graham & Co.
' Boston—Parkinson & Burr.
Registerable
CHICAGO. BURLINGTON & QUINCY RAIL-
ROAD CO. Denver Ext. Colt. Tr. S. F. 4s.
Due Feb. 1, 1922.—N.
See Map 29.
Dated Dec. 1, 1881. Interest payable Feb.
and Aug. 1, at Nat. Bank of Commerce, New
York, and at Boston.-
~ Authorized—$20,000 per mile of road, and
aes ,000 additional per mile of second track.
lortgage is now closed.)'"' | «|
Outstanding—$1,650,200. ‘ i
In Treasury—$216,500.. -
Held in Sinking Fand—$5,443,500.
gs Denomination—Goupon, $1; ‘000. Registerable
as to principal. -.
Trustee—New ; England: Trust. Co., Boston. -
Redeemable for Sinking Fund at not exceed-
ing bar and interest, on Jan. 20 and July 201 in any
ea! .
® Sinking Fund—$79, 680 per annum, payable
Jan. and July 1st in each year, to be applied
to the purchase. or redemption of bonds at, not
exceeding par and interest; bonds so acquired
to be kept alive in Sinking Fund, and interest
thereon added to semi-annual payments.
Secured by a: first, lien on all of the first mort-
‘gage bonds of companies, owning (3),369 miles of
road from the West Line of Red Willow County,
Neb., to Denver, Colo., Table Rock to. Lester,
Neb., and other branches. Further secured. by
a first lien on $540,000 of png $2,105,000 Republi-
ean Valley,.R. R. Co. 1st 5s (balance deposited
under Burlington & Mo. River R. R.-in Neb.
.mortgage),. which cover the road from the west
line of Frankiln County to west line of Red Willow
County, Neb., (2) 90 miles.. Bonds of this, issue
-are outstanding at the rate of $3,900 per mile.
Underlies—$63,000,000 Gen. Mtge. Bonds.
Bonds are reserved. under the General Mortgage
to retire ponds of this issue. ~
Legal for Cal., Conn. .Mass.,N.H., N.Y.andR .I.
Listed on the New York and Boston Stock
Exchanges.”
Market.
New York—Bigelow & Co., Coffin & Co.,
Jos. Walker & Sons, Curtis & Sanger,, Hartshorne
& Battelle, Jacobson & Friedman, Korn, Lehman
& Co., J. H. Becker & Co., L. M. Printe & Co.,
Beyer & Co., Beverly Bogert & Wood,
Struthers & Co., Remick Hodges & 6. ” Season-
good & Haas, ‘Redmond &.Co., Harvey Fisk
'& Sons.
__Bbitatietphia Chas. Fearon & Co.
. Boston—Parkinson &: Burr.
CHICAGQ, BURLINGTON & QUINCY RAIL-
ROAD CO. Nebraska Exten. S. F. 4s. Due
tf May 1, 1927.—N..
., See Map 29.
Dated May 2, °1887.
7 Interest payable May
and Nov. 1, at: Jational Bank of Commerce, New
York, and at Boston.
* Authorized—$20, 000 per mile of road and $10,
,000 additional for each mile of double track
‘either owned directly or covered by the lien of
5% first mortgage bonds, payable 1927. Mort-
gage is now closed. -
' Outstanding—$21,885,000. , od
In Treasury and pledged as Collateral—$54,000
Retired by Sinking Fund—$7,502,000.
Denomination—Coupon, $1,000. Registerable
as to principal,.or:fully registerable in amounts
of $5,000. Registered, $5,000.
ttustee—New England . Trust Co., Boston,
ass
_ Sinking Fund_i%, of par value ‘of all bonds
issued, payable annually on May 1, to be applied
to purchase of these bonds at not to exceed 110
and interest; but if not so purchasable, funds to
revert to Company. Bonds purchased to be
cancelled.
Secured by a direct: first mortgage on (4) 297
miles of road from Hastings to Aurora and from
‘Grand Island to Alliance, Neb., and a first lien
on the entire first mortgage bonds of companies
owning (5)' 1,147 miles of road. The mileage cov-
ered by a direct or collateral lien includes lines into
Omaha, Neb., and Cheyenne, Wyo., an im-
portant part of the line to Billings, Mont., where
connection is made with the Northern Pacific
and Great Northern Railway Companies for
Pacific Coast points, and many branches. Bonds
of this issue are outstanding at the rate of $15,-
000 per mile.
Underlies—$68,000,000 Gen.. as. Bonds are
reserved under that mortgage to retire this issue.
‘158
Legal for Balt.; Cal., Conn., Mass., Mich.,
Minn., N. J., N. H., N. ¥., R. L., Vt. and Wis.
Listed on the New Yark. and. Boston Stock
Exchanges.
, Market.
New York—Blodget & Co., Coggeshall &
Hicks, Seasongood & Haas, J. H. Becker & Co.,
‘Didrichsen & ‘Co., Hartshorne & Battelle, Harts-
horne & Pieabia, Spencer Trask-& Co., Curtis &
Sanger, Remick, Hodges: & Co., Struthers &
‘Hiscoe, Low, Dixon & Co., Simon Borg.& Co.,
‘Beverly Bogert & pa Wood, Struthers & Co.,
Whittemore, Pell Co. bi Boissevain: & Co.,
Redmond & Co. Se aura Fisk & Sons, L. M.
Prince & €o.: ;
Boston—L. Sherman Adams, R. L. Day &
Co., Parkinson & Burr. .
Philadelphia—Henry & West.
Omaha—City Trust Co:
CHICAGO, BURLINGTON &
ROAD CO. Ill. Div. 334s and 4s.
July 1, 1949.—N.
“See Map 28. .
Dated Fuly 1, 1899. Interest payable Jan.
and July 1, at National Bank of ‘Commerce, New
‘York, and at bia :
Authorized—$85, ,000,000.
Outstanding —$00, 451 1000-3 748; $33,976,000-
“Ta Treasury—$384, 000-8445; bass 000~4s.
Denomination—Coupon, $1,00 ‘Registerable
‘as to principal only, or fully Cercle in
‘amounts $5,000‘ and multiples thereof. Regis-
tered, $5,000 and multiples thereof.
“ua England Trust Co., Boston,
ass.
Redeemable at 106 and interest on any interest
date’ after July: 1, 1929.
» Secured by a first mortgage on (2): 1,700 miles
of. toad, including all of the lines east of the Missis-
sippi River, except from Galesburg to West
Havana and: Concord to Herrin. These lines
extend from Chicago to the Mississippi River
i aaa Burlington, Ia., from Chicago to St.
Paul, Minn., from Rock Island to’ Alton, and
‘branches to Peoria, Streator, Rockford, Rock
Island and other important cities in Ilinois, and
includes the most important ‘lines. of the com-
“pany’s ‘system. Bonds of this’ issue are out-
‘standing at the rate of $50, ote per mile.
Underlies—$63,247,000 C:, B. & Q. Gen. 4s of
1958. Bonds are reserved under that mortgage
to retire this issue. ~
Legal for Balt., Cal., Conn., Fla, Me. Mass.,
H., N. J.. N. Y., R. 1.
Mich., Minn., Mo., N.
‘and Wis. :
Listed on the New “York and Boston Stock
Exchanges.
Market. *
New York—Seasongood : & ‘Haas, J. S. Bache
& Co., Harris, Forbes & Co., Callaway, Fish &
Co., Effingham Lawrence & Co., Coffin & Co.,
Blodget & Co., BE. & C. Randolph, Newberg &
Co.,: Curtis “& Sanger, Ladd & Wood, L. M.
Prince & Co., cee ‘Higginson & Co., F. H.
Hatch & Co., J. H. Becker & Co., Hartshorne
& Battelle, omice, Hodges &- oe ., Estabrook
&‘Co.,' Hartshorne & Picabia, J. S. Farlee &
Co., Ladd & Wood, F..J. Lisman & Co., ‘Herrick
& Bennett, N. W.. ‘Halsey. & Co., Simon, Borg &
Co., Low, "Dixon & Co., Wolff.& Stanley, Red-
mond & ‘Co., .,» Beverley Bogert & Co.,:' Peck,
‘Rasmus & Truesdale, Wood, Struthers & Co.,
Hodenpyl, Hardy & Co., Vickers & Phelps,
Eastman, Dillon & Co., ‘Harvey Biske & Sons,
Struthers & Hiscoe.
Boston—Lee, Higginson & Co., N. W. Harris
& Co., Estabrook & Co., R. L. Day &-Co., W. L.
Raymond & Co., Geo. A. Fernald & Cor Parkin-
son & Burr. ~
Chicago—Harris Trust & Savings Bank, Union
Trust Co.,.Hodenpyl, Hardy & Co.
. Portland--Chas. H. Gilman: & Co.
QUINCY RAIL-
Due
' Baltimore—Mercantile Trust & Deposit Co.
Omaha—City Trust Co.
CHICAGO, BURLINGTON & QUINCY RAIL-
a D CO. Gen. 4s. Due March 1, 1958.
Soe Mapad .
. Dated arch 2, 1908. Interes a payable Mar.
and Sept. 1, at National Bank of Commerce, New
York, and at Bos'
tuihorized--$300, 000,000.
Outstanding—$64, 247, 000.
In Treasury—-$10,618, 1000.
Denomination—Coupon, $1,000, Registerable
as to principal. only, c Guat registerable, in
amounts of .35,000, $10,000 and $50,000.
Registered, $5,000, $10,000 and $50,000. Cc. &
R. interchangeable.
Trustees—Central Trust Co., New York, and
Oliver M. Spencer.
Secured by a first mortgage on (1) 3,328 miles
of road including from St. Louis, Mo., to Burling-
ton, Ia., Hannibal, Mo., to Council’ Bluffs, Ia.,
Cameron to Kansas City_and Kansas City to
St. Joseph, Mo., Sterling, Col., to Billings, Mont.
and many important _branches, including, those
to Sioux City, O'Neill, Columbus, Stromsburg
and Table Rock, Neb.; Cainsville, Carrollton,
Elmer and Mexico, Mo., Des Moines, Media-
opolis, Bloomfield and Mt. Pleasant, Ia., and
W. Havana and Herrin, Ill., and a second mort-
gage on the remaining road, (2) 5,163 miles,
owned by the company, except about 200 miles,
which are not mortgaged, subject to prior liens at
the average rate of $26,000 per mile. These bonds
are outstanding at the rate of $7,400 per mile.
The road covered by the first lien of this mortgage
affords the C. B. & Q. R. R. Co. Vy only entrances
into St. Louis and Kansas City, Mo., Keokuk and
Council Bluffs, Ia., and other important cities.
Prior Liens—About $118,000,000. divisional
bonds which this issue provides to retire.
Legal for Balt. » Cal., Conn., Me., Mass., Mich.,
Minn., N. . Ye, R. Te: Vt. and Wis.
Listed on the ‘New ‘York Stock Exchange. —
Original Market—$8,000,000 offered in. Feb-
ruary, 1911, by the First Nat. Bank, New York,
at 97 and interest. $5,000,000 offered by’ Kean,
Taylor & Co., in March, 1914, at~ 9844 | and
interest. ifs ae |
ark
New York—E.-& C Randolt oh, Bull & El-
dredge,. L.. M.._ Prince & Co., J..S: Bache & Co.,
Struthers & Hiscoe, Crawford, Patton & Cannon,
‘ffingham Lawrence & Co., Harris, Forbes & Co.,
-Raymond, Pynchon & Co, Lee, Higginson &
‘Co., Blodget & Co., Redmond & Co., Robinson
Go., National City Bank, Coffin & Co., Mc-
George. & Vanderhoef, Sutro Bros. & Co., Horn-
blower & Weeks, H. N. Whitney & Sons, Remick,
‘Hodges & Co., Eyer & Co., Seasongood & Haas,
‘A. M. Kidder & Co., Douglas-Fenwick & Co.,
Babcock, Rushton & Co., Clark, Dodge & Co.,
'N. W. Halsey & Co., Freeman ’& Co. Kidder,
aeeanedy & Co., Byrne & McDonnell, ‘Low, Dixon
& Co., Wood, Struthers & Co., Hodenpyl, Hardy
& Co. ., Harvey Fisk & Sons, Fanshawe & Co.,
Boissevain & Co.
Boston—Kuhn, Fisher & eu R. L. Day &
Co., N. W. Harris & Co., L. Wilson & Sons,
Adams &. Co., Curtis - & eo Parkinson &
Trust & Savings
Burr.
Chicago—Harris Bank,
Hodenpyl, Hardy & Co.
Phila el iphia ©: Ww. Clark & Co,,Montgomery,
Clothier & Tyler.
Minncayalig. Mithas pene Trust Co.
: Hartford—Richter & Co.
* Cincinnati—Fifth-Third National Bank.
Omaha—City Trust Co.
(JOINT) C. B. & Q. Coll. Tr. 48 of 1921.
- under Northern Pacific. «
See
159
CHICAGO CITY AND CONNECTING RAIJIL-
WAYS Coll. Tr. S. F.5s. Due Jan. 1, 1927.
—F,
“Dated January 1, 1910. Interest payable
seu and Oct. 1, at J.P. Morgan & se ew
ork, and First Trust & Savings Bank, Chicago.
Authorized and Outstanding—$22, 000, 000.
Denomination—Coupon, $1,000. Registerable
_a8 to principal. Registered, $1,000 and multi-
ples. C. & R. interchangeable.
Trustee—First Trust & Sayings Bank, Chicago.
Redeemable as a whole or for sinking fund on
any interest date at 105 and interest. In the
event the City of Chicago purchases the property
of the Chicago City Ry. Co. these bonds are
redeemable at par and interest.
__ Sinking gua — pe 000 annually, beginning
March 1, 1915.
j Organization Organized in 1910 ‘under a
trust Se (Trustees: E. H. Gary,
Earling and S. M. Felton) to take over the stock
of the Chicago City Ry._Co. and the stock and
bonds cf the Calumet & South Chicago Ry. Co.,
the. Southern Street Ry. Co.,' the ‘Hammond,
Whiting & East Chicago Ry. Co. and the Chicago
& Western Ry. Co. These companies own about
459 miles of street railway in the South Side of
Chicago and adjacent territory. This agreement
oe been held valid by the Illinois Supreme
ourt. ;
Under an agreement effective Feb. 1; 1914,
all of the street railways in Chicago are now
operated as a single system, known as the
Chicago Surface Lines. Of the income remain-
ing after operating charges the Chicago City
Rys., Calumet & South Chicago Ry. and South-
ern St. Ry. will receive 41% until Feb. 1, 1916
and 40% thereafter, and the Chicago Rys. Co.
aa necelte the remaining 59% and 60% respec-
tively.
Secured by a first lien on the following stocks
and bonds deposited with the Trustee:
Stocks Bonds
; : Par Value Par Value
a. Chic. City Ry. Co. $16,971,000 None
b. Calumet & South ee
' Chi. Ry. Co.:..... +#10,000,000 o
eC Southern: Street Ry.
Serr ¥2,400,000
d Hammoud: Whiting
& East Chi.Ry. cor *1,000,000 *$1,000,000
Chicago & Western
Ry. Co..... were: sta *72,000 *74,000
Total........ + $30,443,900 $1,074,000
The Southern Street Ry., the Hammond, Whit-
ing & East Chicago Ry. and the Chicago & West-
ern pee owna total of 49.25 miles of street railway
trac]
Note—Under the provisions of this mortgage
the bonds pledged as collateral may be converted
as an entirety into the stock of the respective
companies in equal amount.
a Total outstanding stock | $18,000,000 par $100.
Market value about $110. This stock was pur-
chased by the Trustees at about $200 per share.
The Chicago City Rys. has also $31,200,000 bonds
outstanding.
on outstanding bonds $4,825,000 1st 5s
e Outstanding bonds have been cancelled.
gag authorized $5,000,000 new 1st 5s of
*Entire issue.
Net Income, 12/31/14........ $2,006,944
Interest, ete. ..... 2... eee 1,116,032
Listed on the New York and Chicago Stock
Exchanges.
Original ee in 1910 by J. P.
Morgan & Co., New York, and the First Trust &
Savings Bank and Illinois ‘Trust & Savings Bank,
Chicago, at 95 and interest.
Market.’
New York—Babcock, Rushton & Co., F. H.
Hatch & Co., Curtis & Sanger, John Burnham &
Co., Potter, Choate & Beanies J. S. Bache &
-Co., Effingham Lawrence & Co., Seagongoed &
Haas, Henry Zuckerman & Co., E. & C. Ran-
dolph, Foster & Adams, J. K. Rice, ‘Jr., & Co.,
Clark & Co.
* Ghtcces -W. H. Colvin & Co., C. F. ‘Childs
& Co., First Trust & Savings Bank, “Yard, Otis
& Taylor, Follansbee & Co., T. Leonard &
Co., Stanwood, Taylor.&;Co., Babes Rushton
& Co., Russell,. Brewster & Co., Woilenberger
& Co., John Burnham &Co., Farson, Son & Co.
Baltimore—Walter Koppelman.
CHICAGO CITY RAILWAY CO. Ist 5s. Due
Feb, 1, 1927.— rat? ;
Dated July 1, 1907. ne Interest , payable Feb.
and Aug. 1, at Trustee's fficee, i,
Authorized—Unlimited. . aa vet
Outstanding—$31,200, 000...
:Denomination—Coupon, $1,000. Registerable
asito principal. Registered, $1, 08 and multiples.
C. & R. interchangeable.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable as a whole in case the property is
purchased by the City of Chicago or its licensee,
and only in such case, at par and interest on any
interest date before maturity.
Control—The Chicago City &. Connecting ‘Rys.
Co. owns $16,971,900 of the $18,000,000 entire
outstanding capital stock and has deposited same
under its Coll.:Tr. 5s of 1927. This company
and the Chicago Rys. Co. are now being operated
as a single system under control of a joint Board
of Operation. For two years ending Jan. 31,
1916, this company together with the Calumet
& South Chicago Ry. and the Southern St. Ry.
will receive 41% of net income and thereafter
40 %, the balance going to the Chicago Ry. Co.
. Secured by.a first mortgage on all the property
of the company including 313 miles. of street
railway (measured as single track) and compris-
ing ‘practically the entire surface railway system
‘of the South Side of Chicago. Also operates the
Southern Street Ry. and the.Calumet and South
ohlcage Ry. embracing an additional 22 miles of
Tack. ©
'Franchise—Under city , ordinance passed Feb.,
1907, the City. of Chicago has the privilege..of
purchasing the property ofthe company or author-
izing its purchase on any interest date on six
months’ notice. The value of the property as of
that date was fixed at $21,000,000 and this
amount plus the cost of rehabilitation, extensions
including fair allowance for construction,,profit
and brokerage is fixed as the basis for the purchase
of the property by the City. If purchased/by an
‘authorized. private corporation the Purcuese
price is to be increased 20%.
Earnings—The city receives 55% of the’ net
earnings after the payment of 5% on the capital
investment. On this basis the BREEN of the
company -were as follows: seu
Net Earnings, Chi. Surf. Lines,
DBI UB cae wie See coos $12,076,773
Chicago Cy. Rys. et al 41%... 4,951,477
Chicago Cy. Rys. Net 1,338,588 ©
Company’s 45%...,.... she 602,365
5% on Investment........... 2,416,914
Net Income...... ¥ CoveRa aoe 3,298,827
Interest, ...... Pee Asieneee Gea ey AL 529,410
Legal for Balt.
Listed on the Chicago Stock Rechanee. :
Original Market—Offered in 1907, by Harris,
Forbes & Co., New York, N. W. Harris & Co.,
Boston, and Harris Trust & Savings Bank, Chi-
eago,at 98 and interest.
Market.
Chicago—Peoples’ Trust & Savings Bank,
Stanwood, Taylor & Co., Harris Trust & Savings
Bank, Northern Trust Co., Merchants'Loan &
Trust Co., Alfred L. Baker & Co., First Trust &
Savings Bank, First ae Bank, McCoy &
Co., Ames, Emerick & Co., Babcock, Rushton
‘160
& Co., C.-F2 Childs'& Co.; Central’ Trust Co.
of INinois, Union Trust Co., Ft. 5 il Trust
& Savings Bank, J. ‘'B. Sardy & Co., W. H.
Colvin & Co., Lee, Higginson & Co., Illinois Trust
& Savings Bank, John Burnham & Co . Yard,
Otis & Taylor, National City Bank, N. W.
Halsey & Co:., Kennett,-Cowan & Co., Russell,
Brewster & Co.,. Finney’ & Co., Curtis & Sanger,
E. L. Lobdell & Co., R. Compton & Co.
New York Harrie 1 Forbes & Co., Curtis &
Sanger, White, yee & Co.; Foster & Adams,
Babcock, Rushton & Co., Blym ton, Gardiner
& Co., J. A. Clark & Co., John D. Curtis & Co.
St. Louis—Wm. 8. Compton Co. -» Bowman,
Cost & Co.
Boston—Lee, Higginson & Co., N. W. Harris
& Co., E. H. Rollins & Sons.
Baltimore—Alex. Brown & Sons, Howard R.
Taylor & Co., Nelson, Cook & Co., Jenkins,
Whedbee & Poe, J. S. Wilson, Jr., & Co., Strother,
Brogden & Co., Townsend Scott & Son, Sutton
& Co., B. “Warren Cockran & Co.
Louisville—John W. & D. S. Green.
Philadelphia—Montgomery, Clothier & Tyler.
Milwaukee—First Savings & Trust Co.
Omaha—City Trust Co.
Minneapolis— Wells, Dickey & Co.
CHICAGO ELEVATED RAILWAYS 5% Notes.
Due: July 1, 1916.
Dated July 1, 1914. Interest payable Jan.
1 and July 1 in New York or Chicago.
Authorized and Outstanding—$14,000,000.
Denomination—Coupon, $1,000.. Registerable
as to principal only.
Trastee—tilinois” Trust & Savings Bank,
Chicago.
Redeemable as a whole on any interest date
at 100 and interest.
Organization and Control—The company
issuing these notes is known as the Chicago
Elevated Railways Collateral.Trust, a voluntary
association under the Massachusetts laws,
holding control and practically all of the elevated
railways in Chicago.
‘Secured by a first lien on the following stocks
(in each casé practically the entire issue):
$4,943,300 5% preferred stock and $4,946,400
common stock of the Northwestern Elevated
R. R. Co., $8,706,300 5% preferred stock and
$7,462,600 common stock of the Metropolitan
West Side Elevated Ry. Co. and ons rape 100
stock of the South Side Elevated
These securities represent ownership of meet
cally the entire elevated railroad system in
Chicago, including 45 miles of elevated structure
with 111 miles of track. Tnis road is subject
to mortgage bonds outstanding amounting to
$40,470,000, while the value of the property has
been estimated at more than $93,000,000. The
total mileage operated including that in the
ownership of which is not represented by
deposited securities, is 60 miles of structure
and 140 miles of track.. A large part of the
toad is built on private right-of-way, elsewhere
franchises are for a long term of years.
oon ,000,000 6% debentures, due
Net Earnings, C. El. Rys. (Com-
bined Cos.) 6/30/14........ $5,205,048
Interest, ete........ cere eee ,03 37,4 70
Original Market—Offered in ‘July, 1914, by
the National City Bank of New York at 98 and
interest.
Market.
New York—William Galonied & Co.
CHICAGO GAS LIGHT & COKE CO. Ist 5s,
Due July 1, 1937.—N.
Dated July 1, "1887. Interest payable January
and July, 1, at Central Trust Co. 7 few York, or
company’s ’ office, Chicago.
Authorized ‘and Outstanding —$10, ,000, 000.
161
Denomination—Coupon, $1, 000. ‘Registerable
as to principal.
Trustee—Fidelity Trust Co, Philadelphia, Pa,
Assumed by the Peoples’ Gas Light & Coke Co.
Control—Absorbed with other companies in
1897 by the Peoples Gas Light -& Coke Co.
Secured by a first mortgage on all the preperty
formerly owned by the old Chicago Gas Co. and
including plants supplying gas_to important
sections of the South and North Divisions of the
City of Chicago.
“Underlies $27, 000,000 Peoples’ Gas_ Light
& Coke Co. Consol. és of 1943 and Ref. 5s of
1947, which latter mortgage provides for the
retirement of this issue.
Net Earnings, 12/31/13 $6,789,505
Enteresticsn res a caiaiee oy ice ee 2, ae 600
Phis issues s.sseae Leonwnte oa u 1,298, 7300 |
Listed on the New York can Chiewee *Stock
Exchanges.
: Market.
Chicago—Harris Trust & Savings Bank,
Peoples’ Trust & Savings Bank, Alfred L.
Baker & Co., King, Farnum & Co., Central Trust
Co. of | Iinois, ear, Otis, & Taylor, Babcock,
Rushton & Co., 8. B. Chapin & Co., John Burn-
ham Co., Lee, Higginson & Co., Follansbee
& Co., Merchants’, Loan & Trust Co., Russell,
Brewster & Co., Kennett, Cowan & Co., Stan-
wood, Taylor & Co., Curtis & Sanger, Wm. A.
Read & Co., W. H. Colvin & Co., MeCoy & Co.,
Harris, Winthrop & Co.
Boston—L. Sherman Adams. .
New York—Babceck, Rushton & Co., Plymp-
ton, Gardiner & Co., Harris, Forbes & Co.,
J. A. Clark &-Co., John D. Curtis & Co., Gude,
Winmill & Co.
CHICAGO GREAT WESTERN RAILROAD
co. Ist 4s. Due Sept. 1, 1959.—F.
See Ma)
.. Dated eptember 1, 1909. Interest payable
ao and Sept. 1, at J. P.. RSE & Co.,
ork.
- “Authorized—$75, 000, 000., *
_Outstanding—$25, 378, 000.
: In Treasury—$3,066, 500.
. Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. ‘Registered,
$1,000 and multiples. C. & R. interchangeable.
Bonds may be made payable in sterling money
in denominations of £200 and £100, and also in
French money in denomination of 500 francs.
Trustee—Guaranty Trust Co., New York.
Organization and Control—Incorporated in
Illinois in 1909 as successor to the Railway .Com-
pany of the same name. Owns 756 miles of road
from Chicago to St. Paul, Minn., and -Kansas
City, Mo., and branches. Controlled through
stock ownership companies, owning 655 miles of
road from Oelwein, Ia., to Council Bluffs, Ia.,
and Osage, Ia., to Redwing, Minn., and branches.
Total mileage operated including trackage
rights,. i 500 miles. Company has pean onie
sts 000, 000 4% non-cumulative preferred stoc!
and $45, 250,000 common stock.
Secured by a first mortgage on _ (5) 756 miles of
road from Chicago, Ill., via Oelwein, Ia. to
St. Paul, Minn., and Kansas City, Mo. and
practically a first mortgage on (6) 271 miles
of road from Winona, Minn., to Mankato,
Minn. and Osage, Ia. Further secured by the
deposit of the entire capital stock and leases
to the papery: of the Mason City & Fort Dodge
R. R. owning (7) 386 miles of road from
Oelwein, en to Council Bluffs, Ia., Hayfield,
Minn., to Clarion, Ia. and’ branches. These
bonds are outstanding on the road directly
covered at the rate of ae 000 per mile:
Net Earnings, 6/30/13 $3,078. 163"
Rents, ete 662263:
Interest... = 1,514,970
Legal for ‘Cal., Me. and Mo.
Listed on the New Vork Stock Exchange. a
' Original“ Market—$18, 000,900 offered in 1909
by J. P. Morgan & Co. at 92 and interest, and
$3 000,000 offered i in 1911, by Kissel, Kinnicutt &
Co., New. York,‘ on aah % basis... / 5 ;
on : arket. ‘A
New York—Pendergast, Hale & Co., Eiyrapian,
Gardiner & Co., Keech, Loew & Co., Chas. D.
Barney & Co., Foster & Adams, A. M. Kidder &
Co., Robinson & Co., Redmond & Coe Ladd &
ood, J. A. Clark "& Co,, Wolff & Stanley,
Potter, Choate & Prentice.
Chicago—Peoples’ Tr. & Sav. Bank, Central
Trust on of Illinois, Hibernian Bank, N.
Halsey & Co., Alfred L. Baker & Co., First
National Bank, Plympton, Gardiner & Co.,
Kissel, Kinnicutt & Co.
CHIES EO, HAMMOND & WESTERN RAIL-
Y CO. Ist 6s. Due Jan. 1, 1927.—F.
Seo. Map 184.
Dated January 1, 1897. Interest payable
Jan. and July 1, at Central Trust Co., New York.
Authorized—$2,500,000. :
Outstanding—$2,500,000. :
Denomination—Coupon, $1,000 and $500.
peeetotanle as to principal only, or fully register-
able.
Trustee—E. Francis Hyde.
é Assumed by he Indiana Harbor Belt R. R.
0. *
Guarantee—The junior: issue is guaranteed,
rincipal and interest, by the Lake Shore &
Michizan Southern Ry. Co. and the Michigan
Central R. R. Co. by endorsement.
Control—Absorbed by the Indiana Harbor
Belt R. R. Co. 60% of the stock of the latter
company is owned by the L. S. & M. S. Ry.
Co. and the Mich. Cent. R. R. Co. and 20%
each by the Chicago, Milwaukee & St. Paul'Ry.
Co. and the Chicago & Northwestern Ry. Co.
Secured by a first mortgage on (5) twenty-six
miles’ of road from Franklin Park to McCook,
Tl., and Blue Island, Ill.,to Whiting, Ind. The
company has trackage rights between McCook
and Blue Island, which enable it to operate a con-
tinuous belt line around the city of Chicago,
except on its northern side. This road, which
is double tracked, is operated for the transfer
of carload freight between the twenty-four
trunk lines entering Chicago.:
\° Underlies—$4,225,000: Cadiana.» Harbor Belt
R.R. Gen. 4s & 38 which’ ‘mortgage provides for
the retirement of this issue.
Net Earnings, 12/31/13 $517, 719
Rentals. . 303,162
Bond interes ~ 294,000
‘Other interest.......... 149, 534
Legal for Savings Banks ‘California, Maine
‘and Missouri.
Listed on the Boston: Stock Exchange.
“ Market..
New York—J. S. Farlee’ & Co., Coffin & Co.,
Wm. C. Wilson, Korn, Lehman & Co., McGeorge
& Vanderhoef, Bigelow & Co., Potter, Choate &
Prentice, F. J. Lisman & Co.
Boston—Walter S. Place, Geo. A. Fernald &
0. .
Hartford—Roy P. Crary.
CHIESA: INDIANA & SOUTHERN RAIL-
AD CO. 50-year 4s. Due Jan. 1, 1956.—
fe
See Map
Dated ae 27, 1906. Interest payable Jan.
and July, at Grand Central Station, New York.
Authorized—$20,000,000.
- Outstanding—$15,150,000. ae
Denomination—Coupon, $1,000. Registerable
as to 6p 8,000, or fully registerable. Registered,
su $5,000, $10,000 and multiples of $10,000.
R. interchangeable.
ec Ce Trust Co., New more,
and Wm. H. Wildhack.
Cheers principal and, interest by L. Ss.
& M: S. Ry. Co. by endorsement..
‘Aceamned by the .N. Y. Cent. R. R. Co.
Control—Absorbed bythe. N. Y¥. Cent. R. BR. Co.
Secured by a first mortgage on (4) 131 miles of
road from Indiana Harbor, Ind., to Danville, Ill.
and branches and a second mortgage on (5) 206
miles of road from South Bend, Ind., to Churchill
and Zearing, Ill., subject to a prior lien at the rate
of $28,500 per mile., In connection with the
Cleveland, Cincinnati, Chicago & St. Louis Ry.
Co. this road affords the New York Central
ease a short line to Evansville, Ind. and Cairo,
Prior Liens—$4,850,000 Indiana, Illinois &
Iowa 1st 4s of 1950. Bonds ‘are reserved under
this mortgage to retire the prior lien. .
Underlies $140,000,000 N. Y.C.R.R. 4lésand 6s.
Net Earnings, 12/31/13, ecangetices's $919,153
Interest and rents.............. 354,759
Legal for N. H.
Listed on the New York Stock Exchange.
Orignal Market—Offered in 1909 by J. P.
Morgan & Co., New York, and Drexel & Co.,
Philadelphia.
ee York_—Redmond & Co., Wm. A. Read &
HosinneE Sherman Adams.
CHICAGO, INDIANAPOLIS &. LOUISVILLE
RAILWAY CO. Gen. 5s.: Due July 1, 1919.
Dated June 20, 1914. Interest payable Jan.
1 and July 1, in New York. '
Authorized—$4,000,000.
Outstanding—$1,500,000. :
Denomination—Coupon, $1,000. Registered,
$1,000 and multiples thereof. C. & R. inter-
changeable. :
Trustees—Bankers Trust Co., New York and
William L. Taylor.
- Rédeemable as a: whole only at 100% and
interest on ahy interest date.
‘Organization, Earnings, etc.—See page 164.
Secured by a first lien, through deposit of
‘$500,000 Chicago & Wabash Valley Ry. Ist
mortgage bonds, on 36 miles of road from Mc-
Coysburg to Dinwiddie, Ind.; and_a second
mortgage on 509 miles of road from Hammond,
Ind., ‘to Indianapolis, Michigan City to pe
Albany, Ind., opposite Louisville, Ky., *
‘branches, subject to a prior lien at the aie. Of
$30,000 per mile.' Further secured by a first
Tien’ on equipment purchased with proceeds of
-these bonds, $300,000 from the sale of outstand-
ing bonds being reserved for the purchase of new
equipment. Additional bonds may be issued
under the Chicago & Wabash Valley Ry., at the
rate of $25,000 per mile, but all such bonds shall
be pledged under‘ this mortgage.
Prior Liens—$15,000,000 Refg. 4s,’ 5s and 6s.
Original | Market—$1, 500,000 offered in June
by Potter, Choate &- Prentice, New York, at
99 4% and interest. -
CHICAGO, INDIANAPOLIS & LOUISVILLE
RAILWAY CO. pote 6s, 55 and 4s. Due
July 1;.1947.—
See Map 68. :
Dated July 1, 1897. Interest serait Jan.
and July 1, at J. P. tan en & Co., New York.
Authorized—$15
Outstanding—$4, 700, 000 6s; $5,000,000 : 5s;
$5,300,000 48.
Denomination—-Coupon, $1,000. Registerable
as to principal.
Trustees—Central Trust Company, New York
and James Murdock.
Control—93% of the $10,500,000 common
stock and 77% of the $5,000,000 referred stock
has been acquired by the Louisville & Nashville
R. R. Co. and the Southern Ry. Co. which issued
their 4% collateral trust bonds, secured by the
stock, in exchange therefor, at the rate of $90
for the preferred and $78 for the common stocks.
162
Secured by a first mort; age on (5) 509 miles of
road from the Indiana-illinois State Line at
Hammond to Indianapolis, Ind., Michigan City
to New Albany, Ind., opposite Louisville, Ky.,
and- branches to French Lick Springs and Switz
City, Ind. From Hammond to Chicago the
company has trackage over the Chicago &
Western Indiana R. R., one-fifth of the ‘capital
stock of which is owned by the C., I. & L. Ry. Co.
The company leases (7) 70 miles of road.
Underlies—$1,500,000 Gen. 5s, 1919.
Net Earnings, 6/30/13 seeeeees $1,626,606
Interest: cave wcieaed .7g54'88
Rentals... 625,924
Dividends 370,320
~ Deficit. . | 324,522
‘Listed on the New York Stock Exchange. ‘
Original Market Offered in 1910 $3,000,000
4s on a 44% basis and in 1911 $2,300,000 48 on
a 4.80% basis by Potter, Choate & Prentice,
New York; in 1912, $1,558,000 5s on a 4.40%
basis by White, Weld & Co., and Potter, Choate
& Prentice, New York.
Market.
4s. :
New York—Potter, Choate & Prentice, Sutro
Bros. & Co., L. M. Prince & Co.
Chicago—Union Trust Co., First Trust &
Savings Bank.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Geo. S. Fox & Sons.
Cleveland—John W. Moore.
Baltimore—Jenkins, gale & Poe.
New York—Potter, Choate & Prentice, Coffin
& Co., F. J. Lisman & Co., A. D. Converse & Co.,
Hartshorne & Picabia, Hartshorne & Battelle,
Sutro Bros. & Co., White, Weld & Co., Didrich-
sen & Co., J. H. Becker & Co., Korn, Lehman &
oa Newborg & Co., aoe, H. Bradshaw, L.
- Prince & Co., Wm. C . Wilson, Peck, Rasmus
& ‘Trucedale, Samuel Goldschmidt, Kirkpatrick
Philadelphia—C.C. Harrison, Jr., & Co.
Hartford—Roy P. Crary.
5s.
New York—Coffin & Co., ., Hartshorne &
Picabia, Sutro Bros. & Co., Potter; Choate &
Prentice, White, Weld & Co., Redmond & Co.,
Didrichsen & Co., Robinson & Co., J. H. Becker,
& Co., Newborg & Co., Hartshorne & Battelle,
L. M. Prince & Co. ”
Philadelphia—C. C. & Co.,
Geo. S. Fox & Sons.
Hartford—Roy P. Crary.
CHICAGO, INDIANAPOLIS & LOUISVILLE
RAILROAD CO. Equip. 444s, Series ‘‘A”’.
Due $21,000 each Sept. 15th and March 15th
to Sept. 15, 1918, inclusive, and thereafter
: $22,000 each March and Sept. 15th until
March 15,'1921, inclusive.—.
Dated’ March 15, 1911. Interest payable
March and Sept. 15, at Trustee’s office, New
oO
Authorized—$425,000.
Redeemed—$189,000.
Outstanding—$236,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Secured by an equipment trust agreement on
10 locomotives, 200--automobile box cars, 200
flat cars and 8 passenger cars, costing $525,242
of which $75,242 was paid in cash.
Earnings—See Refg. bonds above.
Market.
New York—Coggeshall & Hicks.
CHICAGO. INDIANAPOLIS & LOUISVILLE
AILROAD CO. Series ‘‘B’’ Equip. 4}4s.
Bee $37,000 each April 15th and $38,000
each Oct. 15th to Oct. 15th, 1921.—F.
Dated October 16, 1911. Interest payable
Harrison, Jr.,
Registerable
April and Oct. 15, at Bankers’ Trust Co., New
ork.
Authorized—$750,000.
Outstanding—$489,000.
Redeemed-—$261,000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
9 locomotives and 1,000 steel coal cars, costing
$1,073,500, of which $323, 500 was paid in cash.
Earnings—See Refg. bonds above.
‘Original Market—Offered in Oct., 1911, by
Potter, Choate & Prentice, New York.
Market.
New York—Coggeshall & "Hicks,
CHICAGO, INDIANAPOLIS & ST. LOUIS
SHORT LINE RAILWAY CO. ist 4s. Due
April 1, 1953.—F. ~
See Map 40. .
Dated April 1, 1908. Interest payable April
and Oct. 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only or fully registerable. :
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by the
Cleveland, Cincinnati, Chicago & St. Louis
Ry. Co. by endorsement.
Control All of the stock is owned by the C., C.
C. & St.'L. Ry. Co., which leases the road for 999
years from 1908 at a rental equivalent to interest
on bonds and expenses.
Secured by a first mortgage on (1) 44 miles of
double-tracked road from Hillsboro to Mitchell,
Ill. _ This road is known as ‘“The Short Line’ and
all of the express trains persion: by the New York
Central System to or from St. Louis, pass over
this road, which cuts off about ten miles between
St. Louis and'the east. These bonds are out-
standing at the rate of $69,000 per mile-
Legal for Cal., Me.-and Mo.
Original Market—Underwritten in 1904 by
J. P. Morgan & Fone nee York.
‘ket.
New York—Coffin'& & Co, J. H. Becker & Co.
CHICAGO JUNCTION RAILROAD 1st As.
Due March 1, 1945.—F.
Dated March 1, 1908. Interest payable Mar.
and Sept. 1, at Harris Trust & cevings Bank,
Chicago, or Harris, Forbes & Co., New-York.
Authorized and Outstanding—$2,327 ,000.
Denomination—Coupon $1, 000. Registerable
as'to principal.
Trustee—First Trust & Savings Bank, Chicago,
Redeemable on any interest date at 105 and
interest.
Guaranteed principal and interest by ‘the Chi-
cago Junction Rys. & Union Stock Yards Co.
Control—The entire $50,000 capital stock is
held in trust for the South Side Elevated R. R.
Co. and the property leased to that company ‘for
50 years from 1902.' The latter company has
the right to purchase the property at cost within
20 years in which event these bonds are to be
retired, Rental interest and expenses.
Secured by a first mortgage on 3.75 miles of
elevated electric railway track extending from a
connection with the South Side Elevated R. R.
at 40th street to the Union Stock Yards and a
loop around same. Franchises are without limit
as to time.
Net Earnings, 6/30/13 (S. ‘3. E.
BiB. Gedy 2 < cesccras x e-dgy ann $1,859, 1888
Interest, Taxes and Rentals.....
Dividends)... 5 ¢-cavag ca asses A 6 1482
‘Listed on the unlisted epecment ey ‘the
Chicago Stock Exchange.
Original Market—Offered by N. W. Harris &
Co., New York, Chicago. and Horton at 101 and
interest, February, 190 5.
163
Market. a
Chicago—Harris Trust & Savings Bank, Ames,
Emerich & Co., Curtis & Sanger.. ,- . +
Boston—N. W. Harris & Co.,:L.: Sherman
Adams, ‘i 4 :
New York—Harris, Forbes & Co., Curtis. &
Sanger. /
CHICAGO JUNCTION RAILWAYS & UNION
STOCK YARDS CO. Coll. Tr. 5s. Due
July 1, 1915.—F, 7
Dated 1890. Interest payable Jan. and July
1, at Trustee’s office, New York or London.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1,000, £205. Regis-
terable as to principal. ;
Trustee—Central Trust Co., New York..
Organization & Control—Incorporated in 1890
in New Jersey and owns 98% of the stock of the
Union Stock Yards and Transit Company.
‘Controlled by the Chicago Stock Yards Com-
pany through stock ownership. A portion of the
stock owned is deposited as security for a
-callateral trust bond issue at the rate of $100 in
stock for. each. $200 in bonds. . 4
Secured by. deposit, with the Trustee of
$12,000,000 of the $13,200,000 stock of the Union
Stock Yards,& Transit Co. This company owns
the Union Stock Yards in Chicago, covering 470
acres of land, .with one mile of :river frontage.
This property is improved with some 130 miles
of sidings and extensive. cattle sheds, subject to
$500,000 debenture 414s of the Union Stock
Yards & Transit, Co. as
Underlies—$4,000,000 Mortgage & Col. Re-
funding 4s of 1940.
Net Earnings, 12/31/13........ $1,990,239
Interest........ fa a bebdaiesei hdd 9 steve .
Dividends............-.-00005 910,000.
Listed on ,the. New York and Boston Stock
Exchanges. m
Market.
: New York—Curtis & Sanger. Be 9
Chicago—John Burnham & Co., Follansbee
& Co., Hornblower & Weeks.
Boston—Curtis & Sanger, E. M. Farnsworth
& Co., Parkinson & Burr, Lee, Higginson & Co.,
L. Sherman Adams, F. B. Bassett & Co., Old
Colony Trust Co.
CHICAGO JUNCTION RAILWAYS & UNION
STOCK YARDS CO. Real Estate Im-
provement Ist 5s. Due March 1, 1928.
7 ' : i \
Dated March 1, 1908. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$2,503,000.
Retired by Sinking Fund—$254,000. |
Denomination—Coupon $1,000. A
Trustee—Guaranty Trust Co. ;
Redeemable at 105 and interest on any interest
date on three months’ notice.
Sinking Fund—Moneys from the sales of real
estate fer the purchase of these bonds at not
exceeding 105 and interest. f
Organization—See Coll. Tr. 6s of 1915.
Secured by a mortgage to the trustee of certifi-
cates of. beneficial interest in land known as the
“Central Manufacturing District.”
Earnings—See Coll. Tr. 5s of 1915.
CHICAGO JUNCTION RAILWAYS & UNION
STOCK YARDS CO. Mtge. & Coll. Tr. Ref.
4s. Due April 1, 1940.—F.
Dated April 1, 1900. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$14,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. ’
. Trustee—Guaranty. Trust Co., New York.
_Organization—See Coll. Tr. 5s above.
Secured by a first lien on the following secu-
rities: $1,080,500 of $18,200,000 entire capital
‘(for details see Coll. Tr.
stock of the Union Stock Yards and Transit Co.
5s: of 1915 above);
$2,199,100 of, $2,200,000 stock of the Chicago
Junction Ry. Co., owning 12 miles of belt line
within the Stock Yards together with 119 miles
of sidings, etc.,.all unmortgaged; $2,500,000 Gen.
4s of 1957 of, the Indiana Belt R. R. Co. guaran-
teed by the L. S. & M. S. Ry. Co. and the Mich.
Cen. R. R. Co. Additionally secured by a lien
on the collateral deposited under the Coll. 5s
of 1915 (see above). 7
Prior Liens—$10,000,000 Coll. 5s of 1915. which
this issue provides to retire. L
Listed on the Boston Stock Exchange.
Original Market—Offered in 1900 by Lee,
Higginson & Co. and Strong, Sturgis & Co.,
New York. $10,000,000 offered in April, 1915,
by Lee, Higginson & Co., Parkinson & Burr,
Wm. A. Read & Co., and: Estabrook & Co. at
99 ‘and interest. ae
fe x ee 7 Market.
Boston—Lee, Higginson & Co., Geo. A.. Fer-
nald & Co., Estabrook &:Co., Curtis & Sanger,
Parkinson & Burr. ;
New York—Curtis & Sanger, Eastman, Dillon
& Co., Hornblower & Weeks. . es 4
Chicago—Stanwood, Taylor & Co., Curtis &
Sanger.
, CHICAGO, LAKE SHORE & EASTERN RAIL-
ROAD CO. Ist 44s.
See Map 22. 3:
Dated June 1, 1909. Interest payable June
and Dec. 1, at Company’s office, 71 Broadway,
Authorized—$20,000,000.
Outstanding—$9,000,000. 5
‘Denomination—Coupon, $1,000. Registerable
as to principal. _ a: 3
Trustee—New York Trust Co., New York.
_ Redeemable at 110 and interest, in whole or
in part by,lot, on any interest, date after June 1,
1919, on four weeks’ notice.
Guaranteed principal and interest by the
Elgin, Joliet & Eastern Ry. Co. and the United
States Steel Corporation by endorsement.
Control—All of the capital stock is owned by
the Illinois Steel Company, a:subsidiary of:the
United States Steel Corporation.. The road is
leased for 60 years from 1906 taThe Elgin, Joliet
Eastern Ry. Co., which is controlled by the
Federal Steel Company, also a subsidiary of the
United States Steel Corporation. Rental is
equivalent to interest on bonds, taxes and rentals
of lessor company and if, earnings of both com-
panies will permit, $600,000 per annum and 7%
on the stock. $4,000,000 stock of the E., J.&E.
Ry. Co. is deposited to insure the performance of
the lease.
Secured by a first mortgage 423 miles of 'ter-
minal road sidings and yard tracks, and other
terminal property in and around Chicago. The
road consists of (10) 16 miles of double tracked
line from South Chicago, Ill., via Hammond, Ind@.,
to Cavanaugh, Ind., with 91 miles of spurs. in
and around South Chicago and 302 miles of
spurs in and around Cavanaugh and Gary, Ind.
The company leases 9 miles of track at Bridge-
Due June 1, 1969.—F.
ie, YS
‘port, Tll., 4 miles at North Chicago., Ill., 43 miles
at Joliet, Ill., and 19 miles at Milwaukee, Wis.»
Net Earnings (E. J. & E.) 7
6/30/14
iainiats eg Ridwoausiie ie An tener SPEAR Ly COO
Rental (C., L. S. & E.R. R.)... 1,887,143
Other Rental and Interest:
Net Income (C., L.S. & E. R.R).. 1,524,556
Interest... 02s iiesaw vanwan ea'a nnn 405,000
Listed on the New York and London Stock
Exchanges. 2
Legal for Maine, N. H. and R. I.
Original Market—Offered in 1909, by Wm.
A. Read & Co., New York, at 1064 and interest.
: Market. : '
Chicago—Northern Trust Co., Wm. A. Read
0. : ei wg
New York—Redmond & Co.
164
CHICAGO, MEMPHIS & roel RAILROAD
-’ "Ist 5s... Due Jan. 1, 1940.—
‘See\Map'58. hoe
Dated January 1, 1910. Interest payable Jan.
and July 1, at Bankers’ ‘Trust’ ‘Co., New York.
Authorized—$10,000, p00. :
Outstanding—-$735, 000
‘ Denomination—Coupon, $1,000. Registerable
z oH principal. Registered, $1,000 and multiples.
& R. interchangeable.
Mince cents Trust Co., New York.
- Redeemable as a whole at 105 and interest on
any interest date on three months’ notice.
‘Control—All of the preferred stock is owned by
the Illinois Central R. R. Co.
Secured by a first mortgage on (5) 52 miles
of road from Dyersburg to Hickman, Tenn.
Bends are outstanding at- ‘the rate of $14, 000 per
mile.
Net Earnings, 6/30/14.: hee asians $53,670
TMGOL GS be sie as ssessioneeaceuayensd © eigenen
Original Market—Offered in 1912, by Lawrence
Barnum & Co., and Coggeshall & ‘Hicks, New
York, at 9714 and interest.’ ~~
Market.
New York—Coggeshall & Hicks, perk Loew
& Co., Douglas ‘Fenwick & Co., A. E. Fitkin
& Co., Arthur S. H. Jones, Lawrence Barnum &
Co., Bigelow & Co., Berdell Bros.,, Leonard
Snider & Co., Lindley & Co., McGeorge & Van-
derhoef, Coffin & Co., Hotchkin & Co., Gilbert
Eliott & Co., J. K. Rice, Jr., & Co., Foster &
Adams, Wolff & Stanley, A. D. Converse & Co.
Philadelphia—Chandler Bros. & Co., ‘Mellor &
Petry, Cassatt & Co., S. K. Phillips. :
Boston —Walter S. Place.
Baltimore—Smith, Lockhart & Co. -» Hamble-
ton & Co.
CHICAGO, MILWAUKEE & PUGET SOUND
FAIL WAY CO. Ist 4s. Due Jan. 1, 1949.—
See Map 32.
Dated January 1, 1909. Interest payable on
coupon bonds Jan. and July 1, and on registered
bonds quarterly Jan. 1, at Company’s office, 42
Broadway, New York.
Authorized—$200,000,000.
Outstanding in Hands of Public—$27,175,000.
Deposited under C., M. & St. P. Gen. & Ref.
Mortgage—$154,489,500. :
Denomination—Coupon, $100, $500, and
$1,000. Registerable as to principal. Coupon
bonds of $500 and $1,000 denomination are fully
registerable. Registered, $500, $1,000 and
$5,000, and multiples of $500. Cc. & R. inter-
changeable. ‘
‘Trustees—United States’ Trust Co., New
York, and Edward W. Sheldon.
Assumed by the Chicago, Milwaukee & St.
Paul Ry. Co/
Control— Merged into the Chicago, Milwaukee
& St. Paul Ry. Co. in 1913.
Secureg by a first mortgage on (1) 1,950 miles
of road from the Missouri’ River at Mobridge,
S. D., to Maple Valley, Wash., 23 miles east of
Seattle, and branches to Lewiston, Mont., Spo-
kane, Wash., and other important points. Fur-
ther secured by a first lien on one-half interest in
(2) 72 miles of road from Black River to Tacoma
Jet. and from Helsing Jct. to Hoquiam, Wash.,
owned jointly with the Oregon-Washington
R. R. & Nav. Co. The main line covered by
this mortgage was completed in 1910, and is
of the most modern construction. TheC., M. &
St. P. Ry. Co. is the only company owning its
own tracks between Chicago and the North
Pacific Coast, and the lines covered by _ this
mortgage afford it an entrance into nearly all the
important cities of the Northwest. The company
is about to electrify some 400 miles of its line in
Montana and will purchase power from one of
the large power companies operating in onhat
territory.
165
Including those held in the treasury of the
C.,/M: &St.iP. Ry. these bonds are. outstanding
at the rate of $90,700 per mile. Including
only those bonds held’ by the public: they ‘are
outstanding’ at the rate of $14,000 per mile. ‘
s, Vnderllee—308, 000,000 Gen. & Ref. 44s and
Conn., Fla., Mich., Minn.,
. N.J., N. Y.,; Rv I, Vt. and Wis.
Listed on the New. York Stock Exchange.
Original Market—$25,000,000 offered March,
1911, by Kuhn, Loeb, and National City Bank,
Y. and Kidder, Peabody. ‘& Co., Boston, at
9534 and interest.
Market. > — :
New York—Seasongood & Haas, Freeman &
Co., Hartshorne & Picabia, A. D. Converse
& Co., Curtis & Sanger, Folsom & Adams, Effing-
am Lawrence & Co., Potter, Choate & Prentice,
A. E. Fitkin & Co., i. M. Prince & ‘Co., Harts-
horne & Battelle, Clark, ‘Dodge & Co., Redmond
& Co., McGeorge & Vanderhoef, E. & C. Ran-
dolph, Gilbert Eliott & Co., Coffin & Co.,
Struthers & Hiscoe, Kuhn, Loeb & Co., Herrick
& Bennett, Wood, Struthers & Co.
Philadelphia—Newburger, Henderson & ie
Chandler Bros, -Co., Henry -& West, E. B.
Smith & Co.
Hartford—Richter & Co.
Chicago—Central Trust Co. . Illinois, Nor-
thern Trust Co., Union Trust
Boston—Kidder, Peabody & Co.
CHICAGO, MILWAUKBE & & ST. PAUL RAIL-
Incorporated in Wisconsin. ‘1863, and name
changed to present title in 1874.
The company owns 9,325 miles. of road of
which 666 miles are double-tracked. These lines
include the only road extending from Chicago to°
the North Pacific Coast. This line passes
through Milwaukee, Wis., Minneapolis and St.
Paul Minn.,' Butte,’ Mont., and Seattle and
Tacoma, Wash. The lines of: the company also
enter Kansas City, Mo., Omaha, Neb., Duluth,
Minn., and all of the more fee norne eles and:
towns in Wisconsin, Iowa and South Dakota!
The company also owns lines reaching the mining
regions of Michigan. In addition to the road
owned the company owns ‘jointly with. other
companies 51 miles of road: and‘ has trackage
rights over 335 miles.
The C., M. & St. P. Ry. Co. -has outstanding
$116,350, 000 common’ stock and $116,275,000
7% non-cumulative preferred stock.’ Dividends
have been paid continuously on the preferred
stock since 1867, and on the common stock since
1892. For many years prior to 1912 the annual
dividends on the common stock had been at
the rate'of 7%. In that year the rate was
reduced to 5%, which is now being paid.
‘The total bonded debt of the company, out-
standing in the hands of the public, is $360,000,-
000, or at the rate of $33,000 per mile. For a
long period of years annual net earnings have
cured twice the interest on the entire funded
le
Report for years ended June 30:
913-14 1912-13
$91, 782, 691 $94,084,055
"bagel for Cal.,
Gross Earnings. .
Net Earnings...... 30,452,630 31,200,087
Net Income....... 30,081,656 381,523,541
Interest, ete....... 14,605,370 12,902,849
Dividends......... 18,951,711 13,912,533
Surplus......... $1,806,765 $4,228,212
In 1911-12 there was a deficit of $5,141,547
after $15, 171,998 dividends.
CHICAGO, MILWAUKEE & ST. PAUL RAIL-
WAY CO. La Crosse & Davenport Div. Ist
5s. Due July 1, 1919.—N.
See Map 31.
- Dated Baly 1, 1879.
Interest payable Jan.
and July 1, at office of company, 42 Broadway
New York.
Authorized—$3,000,000.
Outstanding—$2,496,000 (Closed mortgage).
* Denomination—Coupon, $1,
oor eae an & Trust Co., New
ork.
Secured by a first lien on (1) 186 miles of road
from Davenport, Jee to Jackson Jct., Ia., and
branch. Bonds of this issue are outstanding at
the rate of $13,300 per mile.
. by lerlies—See Chicago & Pac. West. Div. 5s
elow,
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
a Mo., N. H., N. J., N. Y., R. I., Vt. and
Listed on the New York Stock Exchange.
Market.
New York—L. M.
Prince & Co., Redmond &
Co., Newnors & Co., Remick, Hodges & Co.,
Pisensen &
Co., Low, Dixon & Co., Simon
org &
ret dclyhia—B. W. Clark & Co.
CHICAGO, MILWAUKEE & ST. PAUL RAIL-
WAY CO. Dubuque Div. Ist 6s. Due July
1, 1920.—N.
See Map 81.
Dated July 1, 1880. Interest payable Jan. and
aa at company’s office, 42 Broadway, New:
ork.
Authorized—$6,500,000 and $15,000 per mile
of extension of qureey River Branch.
Issued—$6,7
ee 687,000 (Closed mortgage).
Retired by Sinking Fund—$2,123,
Denomination—Coupon, $1,000.
as to principal.
Trustee—New England Trust Gey Boston.
Sinking Fund—Beginning July 1, 1885, and
annually thereafter, 1% of the total bonds
issued, to be applied to purchase of these bonds
in other first mortgage bonds so purchased to be
cancelled, but if not purchasable, to be invested
in- other “first mortgage bonds of the company
bearing 6%,the market price of which is not below
par.
Secured by a first mortgage on (3) 353 miles of
road from Clinton, Ia.,to La Crosse, Minn., and
branches. Bonds of this issue are outstanding at
the rate of $13,500 Ev Pags mile.
West. Div. 5s
Underlies—See Chic. &
below.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
iat: Mo., N. H., N. J., N. Y., R. I, Vt. and
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—Coffin & Co., Blodget & Co., L. M.
Prince & Co.,, Remick, Hodges & Co., PF H.
Hatch & Co., Kissel, Kinnicutt & Co., Bernhard,
Scholle & Co., Ambrose R..Clark, Low, Dixon &
Co., Wood, Struthers & Co., Redmond & Co.
Registerable
Pac.
Boston—Estabrook & Co., R. L. Day & Co.,
Parkinson & Burr.
Hartford—Roy P. Crary.
Cee MILWAUKEE & ST. PAUL RAIL-
AY CO. Wis. Valley Div. 1st 6s. Due
July 1, goat Ns
See Map
Dated ae 1 1880. Interest payable Jan. and
ay ts at office of Company, 42 Broadway, New
ork.
Authorized—$1,700,000 and $15,000 per mile
for extensions.
Outstanding—$1,526,000 Mattie nin closed).
Retired by Sinking Fund—$93
Denomination—Coupon, $1, 500"
as to principal.
Trustee—New England Trust Co., Boston.
Sinking Fund—Beginning July 1, 1885, and
annually thereafter, 1 per cent. of the total issue
Oe istocsite
166
of these bonds to che applied ta, their purchase
at not exceeding 103 by the following Aug. 1st;
bonds so purchased to be cancelled, but if not so
purchasable, to be, invested in first mortgage
bonds of the Company bearing at least 6%
interest, the market price of which is at least par.
Secured by a first mortgage on (4) 161 miles of
road from Tomah to Minocqua, Wis.
Bonds of this issue are outstanding at the rate
of $9,400 per mile,
Underlies—See Chic. &' West. Div. 5s below.
Legal for cane Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., N. Y., R. I., Vt. and
Wis. ;
Listed on the New York and Boston Stock
Exchanges.
3 ae
New York—Coffin & Co., Foster & Adams,
Harris, Forbes & Co., Clark, a & Co., Low,
Dixon & Co,, Wood, Struthers & Co., Remick,
Hodges & Co.
Boston—Parkinson & Burr, N. W. Harris & Co.
Chicago—Harris Tr. & Sav. Bk.
Cae MILWAUKEE & ST. PAUL RAIL-
AY CO. Chicago & Pac. Western Div. 1st
a ae Jan. 1, 1921.—N. :
See Ma
Dated Pacey 1,-1881. Interest payable Jan.
and July 1, at Company’ 's office, 42 Broadway,
New York.
Authorized—$20,000 per mile of first track
and $8,000 additional per mile of second track,
$500,000 apiece for two bridges over the Missouri
River and $3,000,000 for rolling stock. j
Outstanding—$25, 334,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
we es Loan & Trust Co., New
ork.
Secured by a first mortgage on (5) 1,121 miles
of road, including from Marion to Council Bluffs,
Ia., and Coburg, outside. of. Kansas, City, Mo.,
Manilla, .Ia., to Aberdeen, S. D., and branches.
These bonds are secured at the rate of $22,600
per mile, on an important part of the main line,
including the only lines into Omaha, Neb., and
Kansas City, Mo. The rolling stock for which
bonds were to be issued consisted of 5 locomotives,
2 passenger cars, 120 box cars and 20 flat cars
for each 100 miles of road built with the pro-
ceeds from these bonds, and was to be marked
as subject to this mortgage, and renewed and kept
in good repair.
Underlics $225, 000,000 bonds outstanding
Bonds are reserved under the Gen. Mige. of
1989 and the Gen. & Ref. Mortgage to retire this
issue.
Legal for Cal., Conn., Fla., Me., Mass. .» Mich.,
Minn., Mo., N. "HL., N. ‘L, N. ¥- R. 1. Vt. and
Wis.
Listed on the New York Stock Exchange.
t.
New York—Knauth, Nachod & Kuhne, Foster
& Adams, Callaway, Fish & Co., Harris, Forbes
& Co., Blodget & Co., McGeorge & Vanderhoef,
L. M. Prince & Co., Clark, Dodge & Co., Gilman
& Clucas, Kean, Taylor & Co., Newborg & Co.,
Redmond &.Co., Coffin & Co., Foster & Adams,
Ambrose R. Clarks Coggeshall & Hicks, Eyer &
Co., Jacobson & Friedman, Remick, Hodges &
Co., Estabrook & Co., Keane, Zayas & Potts,
Didrichsen & Co., Hartshorne & Battelle,
Struthers & Hiscoe, Seasongood & Haas, Pater-
son & Co., Beverly Bogert & Co., Low, Dixon
& Co., oon Borg & Co., Wood, Struthers &
he A.B . Leach & Co., Boissevain & Co., Ernest
mit
Chicago—Alfred L. Baker & Co., Harris Trust
& Savings Ban
Bestia: -Rerabreck & Co., N. W. Harris & Co.,
Wm. A. Read & Co., R. L. Day & Co.
Omaha—City Trust Co.
CHICAGO, MILWAUKEE & ST. PAUL RAIL-
WAY CO. Chicago & tale Sup. Div. ist
‘ 5a. Dus! July 1, 1921.— ‘
ee
‘a
Dated Puy” 21, 1881. Interest payable Jan.
and July 1, at office of company, 42 Broadway,
New York.
Authorized-——$20,000 per mile.
Ouistanding—$1, 360,000 (Closed mortgage).
Denomination—Coupon, $1,000.. Registerable
as to principal.
we Loan & Trust Co., New
ork..
Secured by a first mortgage on (2) 172 miles of
road including from Beloit to-Pertage City, Wis:,.
90 miles,. Elkhorn- to Eagle, Wis:, Horicon to
Winneconne, Wis., and Rockton, Wis:,-to Rock-_
ford, Ili. The mortgage provides that the road
be equipped with 5 locomotives, 2 passenger cars,
120 freight cars and 20 fiat cars for each 100
miles of road, and that the. equipment be identi-
fied by marking, and renewed and kept in repair.
The various lines covered by this mortgage
are not physically connected. Bonds are out-
standing at the rate of $7,900 per mile.
Underlies—See Chicago & Pac. West. Div.
5s. above.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
wa Mo., N. H., J., N. Y., R. L, Vt. and
‘is.
Listed on the New York Stock Exchange.
Market.
New York—Harris, Forbes & Co., Gilman &
Clucas, Newborg & Co., L. M. Prince & Co.,
Beverly Bogert & Co., Simon Borg & Co., Low,
Dixon & Co., Remick, Hodges & Co., Wood;
Struthers & Co., Boissevain & Co., Seasongood &
Haas, Redmond & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Tr. & Sav. Bank.
CHICAGO: MILWAUKEE & ST. PAUL RAIL-
Y CO. Wisconsin & Minnesota Div. Ist
%, Due July 1, 1921.—N.
31.
anced ea ly 1, 1881. Interest payable. Jan.
and ae 1, nak Company’s office, 42 Broadway,
New. York.
Authorized—$600,000 for road from Minne-
apolis to St. Paul, including bridge over Mis-
sissippi River and St. Anthony Branch; $250,000
for bridge over Mississippi River at "Wabasha;
$100,000 for bridge over St. Croix River and
$20, 600 per mile for any additional road con-
structed. :
Outstanding—$4,755,000: (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
pene es Loan & Trust: Co., New
ork.
Secured by a first mortgage on (6) 215 miles of
road from Hastings to St. Paul and Minneapolis,
Minn., and branches to Chippewa Falls, Still-
water and Menominee, Wis., and Zumbrota and
Northfield, Minn.; from Hastings to Minneapolis,
30 miles, the line is double-tracked and forms
part of the main line between the latter city
and Chicago. Bonds of this issue are outstand-
ing at the rate of $22,100 per mile. -
rete Chicago & Pac. West. Div. 53
above.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Mina’, Mo., N. H., N. J., N. Y., R. I., Vt. and
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Harris, Forbes
& Co., Hartshorne & Picabia, Coffin & Co.,
Ambrose R. Clark, Newborg & Co., Jacobson &
Friedman, Hanson & Dierichen, Keane, Zayas
& Potts, Leonard Snider & Co., L. M. Prince &
Co. g Hovering Bogert & Co., Low, Dixon & Co.,
Simon Borg & Co., Wood, Struthers & Co., Peck,
Rasmus & Truesdale, Remick, Hodges & Co.
167
Boston—N. W. Harris & Co., Estabrook & Co.
Chicago—Harris Trust & Sav. Bank. |
Philadelphia—E. W. Clark & Co.
CHICAGO, MILWAUKEE &'ST. PAUL RAIL-
WAY CO. Chic. & Mo. River Div. Ist 5s.
Due July 1, 1926.—N.
See Map 81.
Dated July 1, 1886. Interest payable Jan. and
July 1, at company’s office, 42 Broadway, New
York.-
Authorized—$20,000 . per mile of road, and
$600,000 a piece for two bridges over the Mis-
souri-River. Also bonds, to' provide 5 locomo-
tives, 2 passenger cars; 120 freight. cars. and..20
flat-cars for-every 100 miles of road completed,
and for-additional: equipment, not to exceed 50
locomotives, 50 passenger cars and 2,000 freight
ears. All equipment to be marked as subject
to this mortgage and renewed and repaired.
Outstanding—$3,083,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
5s UTeate =n armneoe Loan & Trust Co., New
ork.
Secured by a first mortgage on (7) 75 miles of
road. From Roscoe to Bowdle, 8. D., 14 miles,
the road covered by this mortgage forms part
of the main line between Chicago and Pacific
Coast points. The remaining mileage consists
of two unimportant branches.
Bonds of this issue are outstanding at the
rate of $41,100 per mile. 2
di ic. & Pac. West. Div. 5s.
Underlies—See Chic.
above.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Me., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New ore Stock Exchange.
* ar!
New York—Harris, Forbes & Co., McGeorge
& Vanderhoef, Blodget & Co., Newborg & Co.,
Remick, Hodges & Co., Korn, Lehman & Co.,
L. M. Prince & Co., Low, Dixon & Co., Beverley
Bogert & Co., Wood, Struthers & Co., Hoden-
pyl, Hardy & Co., Redmond & Co. :
Boston—N. W. Harris & Co., Parkinson &
Burr, Estabrook & Co.
Chicago—Harris Trust & Sav. Bank, Hoden-
pyl, Hardy & Co.
CHICAGO, MILWAUKEE & ST. PAUL RAIL-
WAY CO. Conv. 4}48. Due June 1, 1932.—
F. 4
See Map 84.
Dated June 1, 1912.
and Dec. 1, at New York. |
‘Authorized and Outstanding—$50, 000, 000.
Denomination—Coupon, $100 $500: . ‘and
$1,000. Registerable ‘as to principal; $500 and
$1,000 bonds are also fully registerable. Regis-
tered, $500, $1,000, $5,000 and $10,000. C.& R.
interchangeable.
Trustee—United States Trust Co., New York.
Redeemable as a whole at 105 and interest on
any interest date on and after Dec. 1, 1922, on 90
days’ notice.
Convertible at par into common stock after
June 1, 1917, and prior to June 1, 1922.
Security—See Deb. 4s of 1934 below.
Legal—See Gen. Mtg. below. —
Listed on the New York Stock Exchange.
Original Market—These bonds were offered
to stockholders at various times for subscription
at par.
- Market.
New York—Bigelow & Co., Bote Trask &
Co., Freeman & Co., Redmond &: Co. .» Robin-
son & Co., Clark, Dodge & Co., Bull & Eldredge,
Curtis & Sanger, Fuller & Co., N. W. Halsey &
Co., Mackay & Co., L. M. ‘Prince & Co., conn
& Co., Ambrose R. Clark, Hew bone & Co.; F. H.
Hatch & Co., Beyer & Co. .» Tobey & Kirk, H.P.
Taylor & Co., H. N. Whitney & Sons.
Chicago—Peoples’ Trust & Savings Bank.
Interest payable June
Hartford—Richter:& Co. .
Philadelphia—E, W. Clark & Co.
Pittsburgh—H. P. Taylor & Co.
Boston—R. L. Day & Co.
Buffalo—H. P. Taylor & Co. : fo =
>
CHICAGO, MILWAUKEE &: ST. PAUL RAIL-
WAY CO. Twenty-five Year 4s. Due July
1, 1934.—F.
See *Map 34. \
Dated Suly 1, 1909. Interest payable . Jan.
ee 1, at Company’ 3 office, ae Broadway,
-, Authorized—$50, 000, 000.
‘ Outstanding—$33, 286, 000.
Denomination—-Coupon, $1,000. Registerable
as.to principal, or fully registerable. Registered,
$1,000, $5,000, and $10,000. C. & R. inter-
changeable. .
Trustee—Farmers’ Loan & Trust Co., New
York.
«\Security—As originally issued these bonds
were not secured by a mortgage, but in 1914 the
company executed its General & Ref’g Mortgage,
and by the terms of the indenture under which
these ‘bonds were issued, which provide that no
additional mortgage shall be placed on the prop-
erty owned by: the company.as of July 1, 1909,
these bonds are now secured, ‘equally. with
$59,000,000 Gen. & Ref. Mortgage Bonds
by a first mortgage on (Ll) 495 miles of
road, a: second mortgage on (2) ' 6,070
miles of road, subject to prior liens at the rate
of 13,400 per mile, and a third mortgage on (3)
25 860 miles of road subject to prior liens at the
average rate of $23,800 per mile. Further se-
cured by a first: lien on $154,489,000 of the
$181;,664,500.: Chicago, Milwaukee & . Puget
Sound 1st 4s, which are-a first lien on 2,026
miles: of the 6,070 miles‘on: which these bonds
are secured by: ‘a second mortgage. . (For details
of: mileage covered see Gen. &» Ref. mortgage
below).’. These’ debentures. and the other de-
bentures and Gen. & Ref. bonds equally secured
are outstanding at the rate of $23,800 per mile.
* Legal—See Gen. Mtg. below
abisted on. the New York Stock Exchange.
pay Market. |
‘New York—Freeman & Co., Seasongood &
Haas, L. M. Prince & Co., F. J. Lisman & Co.,
Redmond '& ‘Co., maven City Bank, Curtis &
Sanger, McGeorge - & _ Vanderhoef, ‘Effingham
Lawrence & Co., $e dow & Co., Guaranty ‘Trust
Co., Newborg & Co., Herrick & Bennett, Clark,
Dodge &'Co., C. W W. Remsen, Struthers & Hiscoe,
Alexander & "Burnet, J. H. Becker & Co., Coffin
Co., H. N.: ‘Whitney & Son; Crawford; Patton
& Cannon, Hodenpyl, Hardy & Co.,
hi Palade is Deny, & West.
~ Beston—Adams &
Chicago—Spencer Trask & Co., Hodenpyl,
Hardy & Co.
Omaha—City Trust Co.
eee MILWAUKEE & ST. PAUL RAIL-
WA Gen. 4s, 4s and 34s. Due
May, 1° 1989.—F.
See Map 33.
Dated May 1, 1889. The 4s are known as
Series “‘A,’”’ the 314s as Series “‘B,”” and 44s a
Series “C.”” Interest payable Jan. and July 1,
at company’s office, a Broadway, N. Y.
Authorized—$150,000,000
Outstanding—$48, 841, O00 4s; $8,950,000 3i%s,
$30,000,000 4}4s.
In. Treasury—$159, 000 oo ad he 000 434s.
Denomination—Coupon, $ Registerable
as to principal only, or fie ak
. Trustee—United States Trust Co.,, New York.
‘Secured by first mortgage on (1) 3,753 miles
including from Chicago, Ill., to Marion, Ta.,
Chicago, Ill., via Milwaukee and La Crosse, Wis,,,
to Bowdle, a few miles east of the Missouri River;
Milwaukee, Wis.:to Rapid City, S. D., branches,
into St. Paul and: Minneapolis, Minn.,, Des
Moines, Ia., Racine, Wis., and numerous other
cities and towns, of which mileage 540 miles are
double-tracked;. and a second mortgage on (2)
2,612 miles of road from Davenport, Ia.,.to La
Crescent, Minn., Hastings, Minn., to St. Paul
and Minneapolis, . Minn., Marion to Council
Bluffs, Ia.,.and Kansas City, Mo., and numerous
branches, "subject. to, prior. liens "at the rate of
about $20,000 per mile. The road, covered by
the first lien.of this mortgage i cludes the line
from Chicago to within a few miles of Mobridge,
8. D;, where connection’ is. made with the com-
pany’s road to.the Pacific, Coast,.and also the.
eastern ‘portion ‘of the.line between. Chicago and
Omaha and Kansas City. Asa second lien these
bonds cover practically the entire remaining
mileage of the company, east of the Missouri
River, except the line from Milwaukee into
Northern Michigan. . These bonds are outstand-
ing at the rate of $13,800 per mile.
Prior Liens—$53,000,000 divisional bonds.
Underlies—-$190,000, 000 Gen. & Ref. 4s
and 5s, and debentures secured equally under
that mortgage.
Legal for Cal., Conn., Me., Mass., Mich.;
Minn., N. H., N. J., N. Y., R. I., Vt. and Wis.
Listed on the New York Stock Exchange.
Original Market—$25,000,000 4s offered in
1909 at 1004 and: interest ‘by: Kuhn, Loeb &
Co. and the National City Bank, New York.
$30,000,000 434s offered April, 1913; by Kuhn,
Loe b & .Go.,the National City Bank of New
Yor and Kidder, Peabody & Co., Boston, at
99 eae? and interest. '
Market.
4
Ss.
New York—Douglas Fenwick & Co., J. S.
Farlee & Co., Crawford, Patton & Cannon,
F. H. Hatch & Co., Harris, Forbes & Co., Free-
man & Co., Newborg & Co., L. M. Prince & Co.,
Blodget & Co., Plympton, Gardiner & Co.,
Herrick & Bennett, Remick, Hodges & Co., F.
J. Lisman & Co., C.W Remsen, R. D. White
& Co., Hartshorne & Battelle, Struthers’ &
Hiscoe, Clark, .Dodge & Co., Hartshorne &
Picabia, Low, Dixon & Co., peeseneond & Haas.
Tobey & Kirk, Hodenpyl, ‘Hardy & Co., Gude,
Winmill & Co.
St. Louis—Mercantile Trust Sa :
ex Philadelphia—Henry & West, E. W. Clark &
Boston—N. W. Harris & Co., R. L. Day & Co.
Chicago—Ames, Emerich & ‘Co. Harris Trust
& Savings Bank, Union Trust” Co.
34s. cong rt
. New, York—N. W. Halsey: & Co., “Coffin &
Co., L. M. Prince & Co., Harris, Forbes & Co.,;
Knauth, Nachod & Kuhne, Remick, | Hodges, &
Co., Seasongood -& Haas, Raymond, Pynchon &
Co., Jacobson & Friedman, Clark, Dodge & Co.,
. H. Becker & Co., Low, Dixon & Co., Harts-
horne & Battelle.
Boston—N. W. Harris & Co., R. L. Day & Go..
Chicago—Harris Trust & Savings Bank,
Hodenpyl, Hardy & Co.
Providence—John C. Hume & Co.
44s. ‘
New York—White, Weld & Co., Douglas
Fenwick & Co., Harvey Fisk & Sons, Knauth,
Nachod & Mubng, Kuhn, Loeb & Co., Callaway,
Fish & Co., M. Kidder & Co., Harris, Forbes
& Co., Cleary Trust Co., Beverley Bogert &
Co., Seasongood & Haas, Redmond & Co., J. A.
Clark & Co., Low, Dixon & Co., Jacobson: &
Friedman, Sutro Bros. & Co.
Boston—N. W. Harris & Co., W. L. Raymond
& Co., Sollers, Phillips & Co.
Chicago—Harris Trust & Sav. Bank.
Baltimore—Colston, Boyce & Co.
Omaha—City Trust Co.
168
EHICAGO: MILWAUKEE & ST. PAUL RAIL-
. Gen. and Refg. Mtge. 4}4s,
Series ‘‘A” and 4 convertiple 5s, Series
“Bo.” Due Jan. 1, 2014.—
Dated: Series ‘‘A,” Micectice 1, “1918. Series
“B,”’ February 1, 1915. Interest payable Series
«a ” April 1 and October 1. Series “B” Feb-
ruary 1 and August 1.
Authorized—An amount which, together with
all outstanding prior liens, after deducting there-
from bonds of this issue reserved to retire prior
liens, shall never exceed three times the amount
of stock outstanding. et
Outstanding — $30, 000, 000
$29,141,300 Series “B.’’
Held in Treasury—$153, 418, 500 Series “A.”
Denomination—Series “A,” coupon, $1,000.
Registerable ‘as' to principal only. Registered,
$1,000. & R. interchangeable. Series “B,”
coupon, $100, $500 and $1,000. Registerable
as to principal only. Registered $1,000. C. &
R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Convertible—Series ‘‘B’’ bonds’ ‘convertible
par for par into common stock between February
1, 1916, and February 1, 1926.
Secured equally with $131,000,000 debentures
by a mortgage on 9,425 miles of road as follows:
First morcgage on 495 miles of road from Liberty-
ville, Ill., to Janesville, Wis., Rutledge to Mus-
catine, Rockwell City to Storm Lake and Fonda
to Spencer, Ia.; Napa to Platte, Woonsocket to
Wessington Springs and Bowdle to Mobridge,
Dak., and several other branches, a second
mortgage on 6,070 miles of road from Chicago,
Ill., to Marion, Ia.; Chicago via Milwaukee and
La Crosse, Wis., to "Everett, Seattle and Tacoma,
‘Wash. oe between Bowdle and Mobridge,
S. Dak.), ilwaukee. to Rapid City, S. Dak.,
Green Bay, Wis., to Ontanagon, Mich. and
numerous other cities and towns, subject to
ptior liens at the rate of $13,400 per mile, and a
third mortgage on 2,860 miles of road from
Milwaukee to Appleton, Wis., Davenport, Ia.,
to La Crescent, Minn.,: Hastings to St. Paul
and “Minneapolis, Minn., Marion, Ia., to Council
Bluffs, Ia. and Kansas City, Mo., and numerous
branches, including branches, ‘into St. Paul and
Minneapolis, Minn., Des Moines, Ia., and
Racine, Wis., subject to prior liens at the rate of
$23,800 ver mile.’
These bonds are further secured by a first lien
on $154,489,500 of the $181,664,500 Ist mortgage
bonds of the Chicago, Milwaukee & Puget
Sound Ry. Co., which are secured by a first lien
on 2,026 of the 6,070 miles, on which these bonds
are ; second mortgage. (For details see page
These bonds, and the debentures equally
secured herewith, are outstanding at the rate of
$21,000 per mile.’
Prior Liens—$171,000,000 bonds, not includ-
ing those held in company’s treasury.
Legal for Cal., Conn., Me., Mass., Mich.,
Minn., N. H., N. J., N. Y., R. I., Vt. and Wis.
Listed on New York Stock Exchange.
Original Market—$30,0v0,000 Series ‘‘A’”’
bonds offered by Kuhn,’ Loeb & Co. and the
National City Bank of New York, at 9634 and
interest in June, 1914. $29,141, 360 Series “B”
5s offered in Janudry, 1915, to the stockholders
at par and interest in amounts equal to 1234%
of their respective holdings.
Series
Subscriptions are payable either (a) in full on’
March 1, 1915; or (b) March 1, 1915, 30%, and
May 8, 1915, 70%; or (ce) March I, 1915, 30%,
May 8, 1915, 35%, and July 30; 1915, 35%. All
payments will include accrued interest from Feh.
, 1915, at the rate of af Be ‘per annum.
et.
Boston—Sollers, philips & Co. -
New York—Redmond & Co., Colgate, Parker
& Co., J. A: Clark & Co., Newborg ae Co., Craw-
ford, Patton & Cannon. ’
Chicago—Harris Trust & Savings Bank.
Philadelphia—Graham & & Co.
CHICAGO, OTTAWA & “PEORIA RAILWAY
a Ist Cons. & Ref. 5s. Due Dec. 1,
Datel “Dec. 1, 1907. Interest payable June
and Dec. 1, at Merchants’ Bank of Canada,
New York.
Authorized—$5,000,000.
Outstanding—$2,918,000.
Trustee—Central Trust Co. of Illinois, Chi-
cago.
Denomination—Coupon, $1,000.
as to principal.
Redeemable on any interest date at 105 and
interest.
Guaranteed principal and
Western Rys. & Light Co.
Organization and Control—Incorporated in
Illinois in 1907 and in 1909 purchased the pro-
perty of the Illinois Valley Ry. Co. The entire
cota stock ($730,' oe eo nein) is owned by
the Western Rys. & Light Co. All the stock
of this latter company is owned by the Illinois
Traction Co.
Secured by a first mortgage on 47 miles of
interurban railway from Joliet to Seneca’ and
Ottawa to Streator, Ill., and a second mortgage
on 57 miles of interurban railway from Seneca
to Princeton and Spring Valley to Ladd, and 4
miles of street railway in La Salle, all in Ilinois.
Road is built largely on private right of way.
Franchises in towns expire with minor exceptions
after 1950. Population served 85,000.
Prior Lien—$1,269,000 Illinois Valley Ry. 1st
8. F. 5s of 1935 closed mortgage forthe retirement
of which bonds of this issue are reserved.
Net Earnings, ge Bar ghar eis 8-43 $118,352
Market.
Chicago—Andrews & Co., Hulburd, Warren &
Chandler.
‘ New York—A. E. Fitkin & Co.
CHICAGO, PEORIA & ST. LOUIS RAILROAD
. Gen. & Ref. 444s. Due Dec. 1, 1939.
See Map 71.
Dated Dee. 1909. Interest payable June 1
and Dee. 1, at cine National Bank, New York,
June 1, 1914, and subsequent interest in default.
Authorized—$15,000,000.
Outstanding—$2,831,000.
wo $1,000.
Trustee—Banker’s Trust Co., New York.
Organization—Incorporated in ‘Illinois and
took over the pri opens of the cileega, Peoria «&
St. Louis Ry. of Ill. in Dec., 191
Secured by a second mortgage on (8) 234 miles
of road deseribed' under the Prior Lien 44s,
above, subject to the lien of those bonds at the
rate of $8,500 per mile. These bonds are out-
standing at the rate of $10,100 Pe ‘mile.
Prior Lien—$2,000,000 “Ry.” 4 4s.
Earnings—See ‘Prior Lien 4 4s above.
CHICAGO, PEORIA & ST. LOUIS RAILWAY
OF ILLINOIS Prior Lien 414s. Due March
1, 1930.—F.
See’ Map 71.
Dated March 1, 1900. ‘Interest payable
March 1 and Sept. 1, at Liberty National Bank,’
New York Sept. 1, ‘and subsequent: interest. in:
default.
Authorized and Outstanding—$2, 000,0 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at any time at 107 % and interest.”
Organization—Reorganized | in 1918: as the
Chicago, Peoria & St. Louis R. R. Co. These
bonds were not disturbed in the reorganization:
Protective Committee—Sidney C. Borg, Henry '
E. Cooper, Thomas Denny and Robert Struth--
Registerable
interest by the
Registered
169
ers, Jr. Secretary, J. N. Babcock, 37 Wall St.,
New York. Depositary, Equitable Trust Co.,
New York.
Secured by a first mortgage on: (8) 234 miles
of road from Pekin to Granite City, Ill., Ha-
vana to Jacksonville and short branches. These
oo are outstanding at the rate of $8,500 per
mile. ; :
Underlies—$2,831,000 Gen. & Ref. 414s, 1939.
Deficit after Taxes, 6/30/14. 156,0
Interest..............65. 201,433
Market.:
New York—Denny, Pomeroy & Co.
CHICAGO PNEUMATIC TOOL CO. Ist 5s.
Due Dec. 31, 1921.—F. -
Dated Dec. 31, 1901. Interest payable Jan.
-and July 1,,at National City Bank, New York.
Authorized—$2,500,000. -.
. Outstanding—$1,467,000. i %
Retired by Sinking Fund—$880,000.
Held in Treasury—$153,000.
» Denomination—Coupon, $1,000.
- Trustee—Lawyers’ Title Insurance & Trust
Co., New York:
_ Redeemable on any interest date at 105 and
‘interest.
», Sinking Fund—$50,000 per annum for the
purchase or redemption of these bonds at not
exceeding 105 and interest.
Organization—Incorporated in New Jersey
Dec. 1901,:and‘ has acquired the property and
capital-stock of a number of companies engaged
in the manufacture of pneumatic tools, rock drills,
railway gasoline motor cars: and commercial
trucks. The company has plants in Chicago,
Detroit, Cleveland, Franklin, Pa., New York,
Philadelphia, London, Berlin, and Montreal,
Canada. . Ae we
Secured by a first mortgage on all the property
of the company and a first;-lien on all the
stock of subsidiary companies where the amount
of stock acquired constitutes a majority interest.
The company’s holdings include the entire capital
stock of the Canadian Pneumatic Tool Co.,
Montreal, Consolidated Pneumatic Tool Co. Ltd.,
London, and The International Compressed Air
& Electric Co. of Berlin. :
Net Profits, 12/31/14........ ‘4... $665,104
. Interest on bonds............- 166,175
Net earnings compare with $1,171,245 in 1913.
Listed on the Unlisted Department of the
Chicago Stock Exchange. .
Market.
New York—Plympton, Gardiner & Co., John
Burnham & Co., J. K. Rice, Jr., & Co., Harts-
horne & Battelle, Jones & Lanman, Gude, Win-
mill & Co. fe
Chicago—Babcock, Rushton & Co.,. Alfred
aoe & Co., Curtis & Sanger, F. M. Zeiler
0.
CHICAGO RAILWAYS COMPANY ist 5s.
Due Feb. 1, 1927.—F.
Dated February.1, 1907. Interest payable
Feb. and Aug. 1, at Harris, Forbes & Co., New
York, or Trustee’s office, Chicago. ;
Authorized—Issuable from time to time on
the approval of the Board of Supervising Engi-
neers.
Outstanding—$52,955,000. ($500,000 held by
the trustee as security against judgments obtained
against the company.)
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000.
Trustee—Harris Trust & Savings. Bank,
Chicago.
4 Feecemabie at par and interest on any interest
ate.
Organization—Incorporated in Illinois in 1903
and in 1908 acquired at foreclosure sale the pro-
perty of the old Chicago Union Traction Co.
comprising the surface lines on the north, and
west sides of the City of Chicago. These pro-
perties have been largely reconstructed. ‘In
1910 acquired the property of the Chicago Con-
solidated Traction Co. within the city of Chicago.
The Chicago Rys. Co. and the Chicago city Ry.
Co. together with road controlled by the latter
‘company, are now being operated as_a single
‘system under the control of a joint Board of
Operation. For two years ending Jan. 31, 1916,
the Chicago Rys. Co. will receive 59 % of the net
ineome after taxes, etc., and thereafter until 1927
it will receive 60 %..
Secured by a first mortgage on all the property
and franchises of the company including 487 miles
of track serving the downtown as well as the north
and west sides of Chicago. Valuation of the
property was fixed July, 1913, at $78,596,130.
Underlies—$41,754,465, Consol. 5s of 1927,
Pur. Mon. 4s-5s of 1927, and Adjt. Inc. 4s of 1927.
Franchises—All franchises expire Feb. 1927.
The City of Chicago or its licensee may purchase
the property of the company at any time prior
to the expiration of the franchises. If purchased
by the city the price.to be paid is the valuation
of the property as of Feb. 1, 1907, $30,779,875,
plus all expenditures for extensions, rehabilita-
tion, etc. If purchased by the city not for muni-
cipal operation or by a licensee the purchase
price shall be 20% more. All expenditures by the
company are made under the approval of the
Board of Supervising Engineers. ~ .
Earnings—Under the terms of the franchise
the city. receives 55% of the net earnings above
5% on the investment value of the property.
Company’s receipts 1/31/15.
5% on Investment............. $4,116,762
45% of Net Earnings.......... 1,378,638
- Total Income............... $5,706,166
Interest sisi oscsiccca i cue saison 0% 4,865,55
Wis 198 bse ic 5 sss ves ier d eda w ees 2,828,158
Legal for Balt.
Listed on the New York and Chicago Stock
Exchanges.
Original Market—Offered in 1908 by the
National City Bank and Harris, Forbes & Co.,
New York, at. 9514 and interest; offered by same
firms in 1912 at 9934 and interest. $3,000,000
offered April, 1914, by same firms at 9834 and
interest.
Market. ;
New York—Harris, Forbes & Co., Plympton,
Gardiner & Co., Curtis & Sanger, Farson, Son &
Co., Spencer Trask & Co., John Burnham & Co.,
Lee, Higginson & Co., Babcock, Rushton & Co.,
E.,& C. Randolph, N. W.. Halsey & Co., J.. A.
Clark & Co., Hodenpyl, Hardy & Co., Season-
good & Haas. :
Albany—Horace S. Bell.
, Philadelphia—Chas.. Fearon & Co., E. B.
Smith & Co., Henry & West, Harper & Turner,
Chicago—Chicago Savings Bank & Trust Co.,
Peoples’ Trust & Savings Bank, Harris Trust
& Savings Bank, Northern Trust Co., Merchants
Loan & Trust Co., Alfred L. Baker & Co., Brei-
tung & Co,, C. F. Childs & Co., Union Trust
Co., Babcock, Rushton & Co., Central Trust
Co. of Illinois, Ft. Dearborn Trust & Savings
Bank, Allerton, Greene & King, Chapman,
Mills & Co., State Bank of Chicago, Wm. H.
Colvin & Co., Yard, Otis & Taylor, Curtis &
Sanger, Lee, Higginson & Co.; Follansbee & Co.,
Breed, Eliott & Harrison, Ames, Emerich & Co.,
F. M. Zeiler & Co., E. T. Konsberg & Co., Ken-
nett, Cowan & Co., Stanwood, Taylor & Co.,
Hodenpyl, Hardy & Co., E. L. Lobdell & Co.,
W.R. Compton & Co., National City R. R., John
Burnham & Co., McCoy & Co.
Boston—N. W. Harris & Co., Merrill, Oldham
& Co., Paine, Webber & Co., W. L. Raymond &
Co.
Baltimore—Sutton & Co., Strother, Brogden &
Co., Jenkins, Whedbee & Poe, Middendorf,
Williams & Co., Poe & Davies, Riggs & McLane,
Baker, Watts & Co., Nelson, Cook & Co., W. W,
170
Lanahan & Co., Mercantile Trust & Deposit Co.,
Hambleton & Co., Alexander Brown. & Sons,
J. S. Wilson, Jr., & Co., J. Harmanus Fisher &
Son, Townsend Scott & Bons Owen Daly & Co.,
B. Warren, Corkran &
Louisville—United States Trust 'Co., John
Ww. & D. S. Green, John D. Wakefield & Co.
\ Omaha—City Trust Co.
St. Louis—Francis Bro. & Co., Wm. R.
Compton Co.
Plnetinal* E. Aub & Co., C. C. Murray
0.
CHICAGO RAILWAYS COMPANY Purchase
Money 5s. Due Feb. 1, 1927.—F.,
Dated danuacy 1, 1911. Interest will be at
the rate of 4% to Jan. 1, 1916, and thereafter at
the rate of 5 A ee Interest payable Jan. and July
1, at Chicago.
Authorized—$6,000,000.-
Ontstanding—$4, 073,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Illinois Trust & Savings Bank,
Chicago.
Redeemable at par and interest on any interest
date. upon 30 days’ notice. All bonds redeemed
shall be cancelled.
Secured by second mortgage (subject to
$50,000,000 First. Mortgage 5s) upon about 128
miles of track acquired in 1910 from the Chicago
Consolidated Traction Co., in the outlying dis-
tricts of Chicago, and by a third mortgage upon
860 miles of track, being son ad to the First
Mtge. 5s and the Consolidated
~ Prior Liens—$84,000,000 1st 3; and Consolida-
ted 5s as to 360 miles ‘of track and $50,000,000
1st 5s as to 126 miles of track.
*” Underlies—$2,500,0 ne Giant ment 5s as to 360
miles of track and $41,300,000 Consol. 5s and
Adjustment 5s as to 126 miles of track.
Earnings—See First 5s above. ~
Listed on the Chicago Stock Exchange.
Market.
New York—Babcock, Rushton & Co., Plymp-
ton, Gardiner & Co., J, A. Clark & Co.
Baltimore—Sutton & Co.
‘Chicago—Alfred L. Baker & Co., Wollenberger
& Co., Hulburd, Warren & Chandler, W. H.
Colvin & Co., John Burnham & Co., Babcock,
Rushton & Co., Finney & Co:, Curtis &. Sanger.
x Omaha—City Trust Co. i
‘CHICAGO RAILWAYS COMPANY Cons. Mort-
gage, Ser. A, B and C 5s. Due Feb. 1,
1927.—F.
Dated February 1, po Interest payable,
Series “A,” April and Oct. 1; Series ‘“B,’’ June
and Dec. 1; and Series at * Feb. and ‘Aug. L
at Trustee’s office, Chica:
Authorized—Series eos $18,600,000; Series
“B,” $17,194,000; Series ‘“C,” $4, 006, 000.
Outstanding—Series AS oe $16, ante 800; Series
“B,” $17,164,475; Series “C, ”* $1, 336.
In Treasury—$1, 006,000 Beles ma ‘34, 000
Series “B,’” and $75,000 Series “C.”
ween by Sinking Fund—$2,072,664 Series
Retired—$1,196,000 Series “A.”
Denomination—Coupon, $1,000.
as to principal or fully registerable.
$1,000. C. & R. interchangeable.
Trustee—The Merchants’ Loan & Trust Co.,
‘Chicago.
Redeemable at par. and interest on any interest
date on 30 days’ notice.
Sinking Fund—Beginning August 1, 1908, and
annually thereafter until Series “‘C’”’ bonds have
been retired, $250,000 for the purchase of bonds
of that series at not exceeding par and interest,
bonds so acquired to be cancelled. So long as
any bonds of. Series “C’” shall be outstanding,
no purchase shall be made of any other series,
but after cancellation of Series “C’”’ the sinking
Registerable
Registered,
‘Series “A” a:
‘Series “C” b
fund shall remain in| force until such bonds a1
nd “B” which have heen issued
in lieu of bonds of Series ‘‘C’’ shall have been
pe or redeemed. There are now outstand-
ng $700,000 Baties “A” bonds, issued in place of
onds.
Secured by a second mortgage subject to
$50,000,000 1st 5s on 360 miles of track, including
the most important mileage owned by the com-
pany, and a fourth mortgage, subject to the first
6s and $6,600,000 Purchase Money and Adjust-
ment Mtge. bonds, , on the 126 miles of track
acquired from the Chicago Consolidated Traction
Co., including lines in the northern and western
part of the city. Bonds of Series ‘“‘A” are prior
in lien to those of Series ‘“B” and “‘C,”’ and bonds
of Series ‘‘B” are prior to bonds of Series “C”.
Prior Liens—$56,000,000 1st 5s, Pur. Money
4s-5s and Adjustment 4s as to 360 miles, and
$50,000,000 1st 5s as to 126 miles.
Underlies—$6, 600,000 Purchase Money 4s-5s
and Adjustment 4s, as to 126 miles of track.
. Net Earnings—See First 5s above.
Listed on the Chicago Stock Exchange.
Original Market—$6,000,000 Gerla, “A” in
1911, by the National City Bank and Harris,
Forbes & Co., New York, the Harris aoe &
Savings Bank, Chicago, N. W. Harris & Co.,
Boston, at 9614 and interest,
Market.
New York—Coffin & Co., Curtis & Sanger,
Harris, Forbes & Co., Babcock, Rushton & Co.,
Robinson & Co., Hornblower & Weeks, Plymp-
‘ton, Gardiner & Co., J. A. Clark & Co.
Portland, Me.—Maynard S. Bird & Co.
Chicago—Wollenberger & Co., Northern Trust
Co., Harris Trust & Savings one Alfred L.
Baker & Co., John Burnham. & Co., C. F. Childs
& Co., State Bank, Union Trust Co., Ames,
Emerich & Co., J. B. Sardy & Co., Babcock,
Rushton & Co., Merchants’ Loan & Trust Co.,
Curtis & Sanger.
Boston—N. W. Harris & Co., Walter S. Place,
Lee, Higginson & Co.
Baltimore—Nelson, Cook & Co.
St. Louis—Mercantile Trust Co., Francis
Bro. & Co.
Philadelphia—E. B. Smith & Co., Henry &
West, Penington, Colket & Co.
Providence—Miller & George.
Omaha—City Trust Co.
CHICAGO RAILWAYS’ COMPANY Adjust.
il ia -Cumulative Inc. 4s. Due Feb. 1,
Dated January 1, 1911. Interest payable
annually, on May 1st, beginning 1912, at Illinois
Trust & Savings Bank, Chicago, but. only from
net earnings for the 12 months og Jan. 31.
Authorized and Outstanding—$2,5
Denomination—Coupon, $100 ma $500 5
Registerable as to principal.
Trustee—Centra Trust Co. of Illinois.
Redeemable at par and interest on any May
1st upon 30 days’ notice. All bonds redaumiel
to be cancelled.
Secured by a third mortgage on 126 miles of
track in the outlying districts of Chicago, acquired
from the Chicago Consolidated Traction Co.
subject to the First 5s and the Purchase Money
4s-5s, and a fourth mortgage on 360 miles, being
subject to the Ist 5s, Purchase Money 4s-58 and
Consolidated 5s.
Prior Liens—$89,000,000 1st 5s, Consol. 53
and Purchase Money 4s-5s, as to 360 miles, and
$54,000,000 1st 5s and Purchase Money 5s on
126 miles.
Underlies—$34,800,000 Consolidated - as to
126 miles.
Earnings—See 1st 5s above.
Listed on the Chicago Stock Tannen
Market.
New York—Harris, Forbes & Co., Babcock,
171
‘Rushton ‘& Co., | ‘Leonard Snider & Co:, J. A.
Clark & Co.
“Chicago—Alfred_ L.. Baker’ & Go Babeock,
Rushton & Co., John Burnham’ & Co:; King,
Farnum & Co., Hulburd, Warren &. Chandler,
Curtis & Sanger. ss
Boston—N. ‘W. Harris & Co.
a co ISLAND & ‘PACIFIC RAIL-
Incorporated in Illinois and Iowa i in 1880.’ «
The'Company owns 6,940 miles of road, leases
272 miles, has trackage rights over 650 miles and
controls through stack ownership 476 miles of
road. The lines operated’ extend from Chicago
via Omaha to Denver and Pueblo, Colorado,
St. Paul, Minn., Watertown, N. D., Kansas
City, Ft. Worth, Dallas and Galveston; | Tex,,
and Santa Rosa, N. M., and from Memphis,
Tenn., to Tucumcari, N. M., with humerous
branches.
The Chicago, Rack Island & Pacific Ry. Co.
has outstanding’ $74,877,200 stock. From 1902
until 1914 $71,353,500, was owned by the Chi-
cago, Rock Island ’& Pacific R. R. Co. and de-
posited as security for an equal amount of col-
lateral trust bonds of that Company. In 1914
the railway company discontinued the payment
of dividends, and as a result of this action the
railroad company defaulted in the payment of
interest on its collateral trust bonds, and in the
latter part of 1914 this stock was sold under
foreclosure, and distributed pro rata to the col-
lateral bondholders. In April, 1915, the Railway
Company. was placed in hands of receivers.
Dividends were paid by this company and its
predecessor in every year from’ 1876 to 1913,
not less than 5% having been paid in each year
since 1899. The total bonded debt secured on
the road owned is $215,000,000, or at the rate of
$31,000 per mile.
Report for years nee eaeet 30
1912-13
Gross Hero neti $68,208,118 $71,364,985
Net Earnings. . 17, 08,167 18,800,833
‘Net Uoteoine: 14,737,182 17, 644,190
Rentals. 1,828,776 1,819,803
Interest. . Gos 11,657,784 11,066,032
Dividends.... © 1,871,763 3,748,525
Balance Deficit $1,421,142 Surplus $314,830
CHICAGO, ROCK ISLAND & PACIFIC RAIL-
WAY CO. 1st 6s. Due July 1, 1917.—N.
‘ See Map 35.
Dated May 1,1877. Interest payable’ Jan. and
July 1, at First Natiunal Bank, New York.
Authorized and Outstanding—-312, 500,000.
Denomination—Coupon, $1,000. Exchange-
‘able for registered bonds. Registered, $5,000.
Trustee—United States Trust Co., New York.
iB Assumed by the Chicago, Rock Island & Pacific
y. Co
Organization—Consolidated with several other
roads into the Chicago, Rock Island & Pacifie
Ry. Co. in 1882.
Secured by a first mortgage on (2) 765 miles of
road from Chicago to Council Bluffs, Ia., with
several small branches in Iowa. The road
covered by, this mortgage constitutes the main
line of the company, and is the only line which
the company has into Chicago. These bonds
are outstanding at the rate of $16,300 per mile. .
Underlies—$181,500,000 mortgage and deben-
ture bonds. Bonds are reserved under the
General Mortgage to retire this issue,
Listed on the New York hacks Exchange,
arket
’ New York—Cofifin & Co., Bull & Eldredge,
F. H. Hatch & Co., Ladd & Wood, Hartshorne
& Battelle, J. H. Becker & Co., Harris, ‘Forbes
& Co., Didrichsen & Co.,.J. $. Farlee & Co.,
Low, Dixon & Co., Seasongoad & Haas. .
Philadelphia—Chas. C. Harrison, Jr., & Co.
Boston—N. W. Harris & Co.
_ Chicago—Harris ‘Trust & Savings Bank.
CHICAGO, ROCK ISLAND & PACIFIC RAIL-
WAY CO. Choctaw, Okla. & Gulf Coll. Tr.
4s. ee serially ($1, 494,000) on May I,
in each year to May 1 ;1918.—-F.
Dated May 1, 1902. Tniterest payable May
ora Hoseuber Z, at First National Bank, New
ork.
2 Authorized—$24, 000,000.
Issued—$23,883,000.
Redeemed ‘and cancelled, Series ABS
$1,473,000.
Redeemed and deposited under 1st & Ref.
Mtge., $17,928,000.
Outstanding Series “N” to “P”’—$4,482,009,
‘' Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Redeemable as a whole at 101}4 and interest
on any interest date on 60 days’ notice.
Secured by a first lien on the entire $9,827,500
‘common stock and $6,000,000° prelerred. stock of
the Choctaw, Oklahoma & Gulf R. R. Co., own-
ing 1,000 miles of road from Memphis, Tenn., to
Texola, on the line between Texas and Oklah: oma,
with branches to Hot Springs, Ark., Ardmore,
Okla., and Anthony, Kan, | subject to mortgages
at the rate of $14,600 ‘per mile. ‘No additional
mortgage shall be created on the property of the
company while these bonds are ‘outstanding.
These bonds were issued at 9614% in exchange
for the stock deposited hereunder at the rate of
120% for the preferred stock and 160% for the
common stock. ‘
Listed on the New York Stock Exchange.
Original Market—$24,000,000 offered in 1902
by Speyer & Co., New York, on a 414% basis. _
Market.
New York—Guaranty ee Co., Bull &
Eldredge, Freeman & Co., A. E. Fitkin & Co.,
Curtis & Sanger, Blodget & Co., Albert E.’Yates,
quanehsen & Co., Samuel Goldschmidt, Bigelow
Boston—Edgerly & Crocker.
Philadelphia—Henry & West, Bioren & Co.,
Newhall, Churchman & Co. , ,
CHICAGO, ROCK ISLAND & PACIFIC RAIL-
WAY CO. 20-Year Deb. 5s. Due Jan. 15,
1932.—F.
Dated January.17, 1912. Interest payable Jan.
and July 15, at First National Bank, New York,
‘London, Berlin, Paris, and Amsterdam.
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $1,000. ‘Registerable
as to principal. Registered, $1,000, $5,000 or
multiples. C. & R. interchangeable.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole at 105 and interest on
60 days’ notice.
Security—A direct obligation of the’ company,
but not a mortgage. The company covenants
that it will not make any new mortgage upon its
railroad. without also including therein every
debenture issued hereunder equally and ratably
with every bond issued and secured by any such
new mortgage; such covenant does not prevent
the renewal, extension or refunding of any
existing mortgage.
Listed on the New York Stock Exchange.
Original Market—$20,000,000 offered Jan,
1912, at 97}4 and interest by "Speyer & Co., New
York; Alex. Brown & Sons and Middendorf,
Williams & Co., Baltimore; Girard Trust Co.
and ‘Graham & Co., Philadelphia; First Trust &
Sav., Ill. Trust & Sav. and erchants’ Loan &
Trust, Chicago; A. G. Edwards & Sons’ and
Francis Bro. & Co., St. Louis; “Blodget & Co.,
Boston and New York; Citizens’ Sav. & Tr. Co.,
‘Cleveland, and Wisconsin Trust Co., Milwaukee.
Market.
Chicago—First Trust & Savings Bank.
172
New York—Davies, ‘Thompson & on Speyer
& Co., Seasongood & Haas, Curtis & Sanger,
MoGerge & Vanderhoef, J. A. Clark & Co.,
8 «Bache & Co., Hartshorne & Battelle, Wolff
& Stanley, Middendorf, Williams & Co., H. P.
Taylor, & Co.
Baltimore——Middendorf, Williams & Co.,
Pittsburgh—H. P. Taylor & Co.
cee & Co., Girard Trust
0.
foe eee Fisher & Co.
Buffalo—H. P. Taylor & Co.
+
cHleag ROCK ISLAND & PACIFIC RAIL-
CO. ist & Ref. 4s. Due April 1,
1934.—F. oe
See Map 37. =
Dated April 1, 1904. Interest payable April
and Oct. 1, at First National Bank, New York.
Authorized—$163, 000,000.
Outstanding—$94,941, at
Held in Treasury—$2,710,000.
Deposited as Cuilaterth 45. 989,000.
Denomination—Coupon, $1,000 and $500.
apie ole | as to principal. Registered, $1,000
and $500. & R. interchangeable.
Tanned Geel Trust Co., New York.
Secured by a first mortgage on (3) 625 miles of
road, comprising numerous branches, and ter-
minal lines around Minneapolis and St. Paul,
Minn.; a first lien, through, the deposit of all of
the bonds covering the road, on (4) 517 miles of
road from Texhoma, Tex., to Santa Rosa, N a
Texola, Tex., to Tucumeari, N.'M., Dallas to
Fort Worth, Tex., and Bridgeport to Graham,
Tex.; a second mortgage on (2) 3,519 miles of
road from Jeanine fa., to St. Joseph, Atchi-
son and Beverley, Mo; Ellwood and Topeka, Kan.
and Omaha and Lincoln, Neb., to Colorado
Springs, Col., Liberal, Kan., and Terral, Okla.;
Burlington, Ia., to Decorah, Ia., and Erin (near
St. Paul), Minn., Lake. ‘Park, ‘Minn., to Water-
town, S. D., and branch to Sioux Falls, S. D.,
Rock Island to Peoria, IIL, and numerous bran-
ches, subject to_ oe liens at the average rate of
$15,000 per mi a: second lien, through the
deposit of all:of the bonds,,on (5) ,93 miles a aoe
from the . Texas-Ok klahoma, cline:.to ,Ft., Worth,
Tex., ine to a prior lien at the rate of $18, 006
per mile; a third mortgage.on (1) 1,060 miles of
road, from a Chicago to CouncibBlufis, Ta. » Holland,
Ia., to Worthington, Minn; sand branches in
Iowa, subject to prior liens.at the average rate of
$30,500 per mile; a first lien on the 999-year lease
of the Choctaw, ‘ ‘Oklahoma & Gulf R. R., owning
967 miles of,road from Memphis to Tucumeair,
N. M., and branches and other leasehold and
trackage, and a second. lien on-leasehold interest
and trackage rights into Kansas City, Mo.,
Minneapolis, Minn., and other important points.
These bonds are outstanding on;the 5,814 miles
of road covered by direct or collateral lien but
not, including mileage covered by leasehold
interest at the, rate of $13,000 per mile.
Prior Liens—-$87,586, 000 divisional bonds and
bonds of absorbed companies.
Un orliess-aANs 000,000 “Debenture 5s of 1932
and otes.
Legal for Balt.
Listed on the New York Stock Gera
Original Market—Underwritten by Speyer &
Co., New York. $3,500,000 was offered December,
1911, by Harris, Forbes & Co., New York; N.
Harris & Co., Inc., Boston, and the Harris Trust
& Savings Bank, Chieae” ote 8924 and interest.
arket.
New York—E. & ©. Randolph, Seasongood &
Haas, Harris,'Forbes & Co., A. M. Kidder & Oe
H.N. Whitney & Sons, Hartshorne & Battelle, L
M, Prince & Co., Speyer & Co., Redmond & Co.,
Curtis & Sanger, 2 P. Taylor & Co., Coffin &
Go., J, H. Becker & Co., Gude, Winmill & Co.
Buffalo—H.. P. Taylor. & Co
Philadelphia—Henry & West.
173
. Boston—Adams & Co., N. eh Harris & Co.
St. Louis—Bowman, Cost & Co., Mercantile
Trust Co.
Baltimore—Hambleton & Co.
Chicago—Harris Trust & Savings Bank.
Pittsburgh—H. P. Taylor & Co.
Omaha—City Tru ‘Trust Co,
CHICAGO. ROCK I ISLAND | & PACIFIC RAIL-
AY CO. Gen. 4s. Due Jan. 1, 1988.—F.
See! Map 35.
Dated January 1, 18987" Interest. payable
Jan. and July 1, at eat National Bank, N. Y.
‘Authorized $100.0 0,000. ©
Outstanding—$61 ar ’,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000 and $5,000.
Trustee—Bankers’ Trust Co., New York.
Secured by a first mortgage on (4) 2,396 miles
of road, from Washington, Ia., to St. Joseph, Mo.,
Atchison, Kan., and Beverley, Mo. (near Kan-,
sas City); Ellwood and Topeka, Kan. and Omaha
and Lincoln, Neb., to Colorado Springs, Colo.,
Liberal, Kan., and Terral, Okla., and numerous
branches, a first lien by the deposit of the entire
issue of bonds.covering the road, on (5) 93 miles of
road from Terral, Okla., to Ft. Worth, Tex., and
a second mortgage on (1) 765 miles of road from
Chicago to Council Bluffs, Ia., and branches,
subject to a prior lien at the rate of $16,300 per
mile. Further secured by a first lien on leasehold
interest in 209 miles of road and trackage rights
to 342 miles, including those lines over_which
the system enters Kansas City, Mo., Denver
and Pueblo, Col., Minneapolis and St. Paul,
Minn., and line’ between Kansas City and To ee
Kan. Not including mileage covered by lease-
hold interest and trackage rights, these bonds
are outstanding at the rate of $19,000 per mile..
Prior Lien—$12,500,000 ist 6s of 1917, to
retire which bonds of this issue os reserved.
Underlies—$120,000,000 Ist & Refg. 4s and
Debenture 5s.
Legal for Balt.
Listed on the New York Stock Exchange.
Original Market—$5,000,000 offered, 1898, a
10334 and interest by Speyer & Co., New york,
Market.
New York—Harris, Forbes & Co., Herrick &
Bennett, Blodget & ‘Co., McGeorge & Vander-
hoef, N. W. Halsey & Co., Guaranty Trust Co.,
Newborg & Co., L. M. Prince & Co., Seasongood
& Haas, Hartshorne & Battelle, Coffin & Co.,,
Clark, Dodge & Co., J. H. Becker & Co.
Chicago—Harris Trust & Savings Bank,’ Union
Trust. Co.
Philadelphia—Henry & West.
Boston—N. W: Harris & Co~
Providence—John-C. Hume & Co.
.» Omaha—City Trust .Co.
CHE es ROCK ISLAND & PACIFIC RAIL-
Y CO. Equip. tae, Due $325,000 Feb.
aa _ 1, to Feb. 1,,1917.—.
Dated Feb. 1, 1907. "interest payable Feb.
and Aug. 1, at First National Bank, New York.
Denomination—Coupon, $1,000.
Authorized—$6,500,000.
pean oa 300, 000. :
Redeemed—$5,2 000. ; ;
Hee aaa "Trust Co. -New York.
Secured by an equipmnet trust agreement on
50 locomotives, 65 passenger cars and 5,000
freight cars. costing $7, 844,358, of which amount
$1,344,358 was'paid in cash.
” Legal for Balt.
Original Market—Offered 1907 ro Speyer &
Co., New York.
Market.
New York—H. N. Whitney & Sons, Freeman
& Co., Alfred R. Risse, Wolff & Stanley.
Boston—Edgerly & Crocker.
Philadelphia—Henry & West...,
Providence—John C. Hume & ban: o
CHICAGO, ROCK ISLAND & PACIFIC RAIL-
Y CO. Equip. 414s,’ Series ‘‘C.” Due
$268, 2000 each April and Oct. 1, to Oct. 1,
Dated ‘Oct. 1, 1909. Interest es April
and Oct. 1, at First rational Ban New York.
Authorized—$5,300,000.
pte ene ok 385 000.
Redéemed—$2,915, 000.
- Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Secured by an equipment trust agreement on
85 locomotives, 100 steel passengers cars, 110
cabooses, 1,950 box cars, 500 ‘steel coal cars,
400 flat cars, 500 furniture cars and 150 stock
ears, costing $5, 994,789, of which amount the
$694,789 was ‘paid in cash.
Original Market—Offered in 1909, by N. W.
Harris & Co., of Boston, Harris, Forbes & Co.,
New York, and Harris Trust & Savings Bank,
Chicago.
Market.
Philadelphia—Henry & West.
New York—Coggeshall & Hicks.
CHICAGO, ROCK ISLAND & PACIFIC RAIL-
AY CO. Equip. 444s Ser. “‘D.” Due
BBs 00 each May and Nov. 1, to May 1,
25 -—
‘Dated "May ps 1910. Interest payable May
and Nov. 1, at First. Aencnal Bank, New York.
‘Authorized—$6, 750,
Outstanding—$4, 500 000.
Redeemed—$2, 250,000.
* Denomination—Coupon, $1,000. Registerable.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
135 locomotives, 4 gasoline motor cars, 5 dining
cars, ‘66 steel passenger, baggage and combina-
tion cars,.25 cabooses, 2,625 steel underframe
box cars, 250 steel underframe refrigerator cars,-
500 steel underframe stock cars and 500 steel
underframe ballast cars, costing $7,720,253, of
which: amount $970,253 was paid in ‘cash.
Original Market—Offered in 1910 by Speyer.
& Co. and Guaranty Trust Co., New York, and
Edgerly & Crocker, Boston. -
Market.
"New York—Rhoades & Co., Knauth, Nachod
& Kuhne, Freeman & Co., Seasongood | & Haas,
Guaranty Trust Co., Curtis & Sanger, Alfred R.
Risse, Harris, Forbes & Co., Coggeshall & Hicks.
Boston—Wm. A. Read & Co., Edgerly &
Crocker, N. W. Harris & Co.
Philadelphia—Graham & Co., Henry & West.
Chicago—Harris Trust & Sav. Bk.
CCA ROCK ISLAND & PACIFIC RAIL-
WAY . Ser. “‘F” Equip. 414s. Due
ve gz, ,000 each Feb. and Aug. 1, to Aug. 1,
Fx
" Dated Aug. 1, 1911. Interest payable Feb.
and Aug. 1, at First _untional Bank, New York.
' Authorized—$360,
Gutotanding 276.000.
Redeemed—$84,000.
Denomination—Cou on, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
80 steel mail cars and 11 steel baggage and mail
ears, costing $400, 252, of which $40,252 was
paid in cash.
Original Market—Offered Oct., 1911, by White,
Weld & Co., New York, Boston and Chicago, on
a 5% basis.
Market, . x
New York—Curtis & Bengt Knauth, Nachod
& Kuhne, ee & Co., Harris, Forbes & Co.,
White, Weld & Co., H. N. Whitney & Sons,
Coggeshall & Hicks.
Philadelphia—Crawford, Patton & Cannon,
Henry & West.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bk.
Se) ROCK ISLAND & PACIFIC RAIL-
Y CO. Equip. 44s, Series ‘‘G.” Due
a170, 000 semi-annually Jan. 1 and July 1,
to July 1, 1927, inclusive.—F.
Dated July 1, 1912. Interest payable? sate?
and July 1, at First National Bank, New York,
Authorized—$5, 100, a?
Outstanding $4, 280, 200. wa
Redeemed—$850 ae
Denomination Coupon, $1, 000.
Trustee—Bankers’ Trust Co., New York.”
Secured by an equipment trust agreement on
50 locomotives, 30 steel baggage and passenger
ears, 6 steel dining cars, 10 steel baggage cars,
4 steel horse cars, 2 gasoline motor cars, 2,900
box cars, and 900 ballast and coal cars, costing-
$5,557,788, of which amount $457,788 was paid
tui? ay
in ‘cash.
Market. |
Philadelphia—Henry & West oe ~
Boston—Edgerly & Crocker. ~ i
New York—Coggeshall & ‘Hicks.
(THE) CHICAGO, ROCK TSLAND & PACIFIC
RAILWAY CO. Equip. 5s Series ‘H.”
Due $441,000 annually to July 1, 1923,
inclusive.— “
Dated July 1918. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$4, 410,000.
Ouistending ae, 969, 000."
Retired—$441,000.
a7
‘
Registered, |
Denomination —Coupon, $1,00.,
$1,000. a
Trustee—Bankers’ Trust Co., New York.
Secured by, an equipment ‘trust agreement:
on 87 locomotives, 72 steel passenger cars, 1,500
steel underframe box cars, 500 steel gondola
cars and 50 cabooses, costing $5,521,000 of which
ae or $1,111,000 is paid by the railway com-
»* Original Market Offered in May, 1913, at
prices to yield 54% by’ Brown Bros. & Co.,:
York, Philadelphia and Boston. ve
New
- New York—Freeman & Co.,' Coggeshall &-
Hicks. : ee
CHICAGO, ST. LOUIS & NEW ORLEANS
RAILROAD CO. Cons. 344s and 5s.
June 15, 1951.—F.
See Map 56.
: Dated *Mareh 15, 1881. Interest payable
June and Dec. 15, at Illinois Central office, 116.
Broadway, New York.
Authorized—$18,000,000.
Outstanding—$11, 369, 000-5s.
,359 000-3348.
Held by Miinois Central R. R. Co. and: ‘pledged
under its Coll. Tr. of 1886—$5,266,000 5s.
Denomination—Coupon, $1, 000. Registerable
as to principal only, or fully registerable.
c Trustene Lewis V.F. Randolph and Lynde A.
atlin.
Guaranteed—5s, as to principal only; 3}4s, 4s
to both paneipal and eee, by endorsement
by the Illinois Central R. R. Co.
Organization and Control—incorporated in
1877 under the laws of Louisiana and Indiana.
Leased in 1882 for 400 years to the Illinois Cen-
tral R. R. Co. Rental equivalent to interest,
taxes and 4% on $10,000,000 stock,. all of which
is owned by the Illinois Central R. R. Co., $9,989,-
700 being deposited as security for an equal
amount of Illinois Central R. R. Co. Leased Line
We uildentees i
ecured by a first mortgage on (1) 566 miles of
road from East Cairo, Ky., to New en? La.,
and branch; 230 miles are double-tracked. This
line. constitutes the main line of the Illinois
Central R. R. Co., south of the Ohio River, and
while the company, through’ its control of the
Due
say eo ® aa
174
¥azoo & Mississippi Valley R. R. Co.,-has an
alternative route from. Memphis to New Orleans,
this line is of vital importance to the system.
These bonds are outstanding at the rate of
$32,000 per mile of road.
--Legal: eee ae 5% -bonde legal -in
Balt., Cal., Conn., Mich., Minn., N. J., and Wis
334% bonds legal in Balt., Cal., Conn., Fla.
ich., Minn., N.. H., N. J. and Wis. ,
Listed on the New York Stock Exchange.
Market.
- New York—Sutro Bros. & Co., Clark, Dodge &
Co., Percy H. Bradshaw, Coffin & Co., Redmond
& Co., William C. Wilson, Gilman & Clucas,
J. H. Becker & Co., Foster &-Adams, Blodget &
Co., Hartshorne & Battelle, Simon Borg & Co.
Boissevain & Co., Kissel, Kinnicutt & Co., Cal-
laway, Fish & Co. ’
:* Hartford—Roy P. Crary.
(a Philadelphia—C. D. Barney & Co., Town-
‘send, Whelen & Co..-- m4
CHICAGO, ST. LOUIS & NEW ORLEANS
RAILROAD: CO. Memphis Div. 1st 4s... Due |
Dec. I, 1951.—N. eel
. See Map 56, ~ ik a
- Dated April 3, 1889. Interest payable June’
and Dec. 1, at Illinois Central office, 115:Broad-
way, New York. s ALE g
._ Authorized and Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—United States Trust Co., New York.
_, Guaranteed principal and interest by the
‘dilinois Central R. R. Co. by_ endorsement.
Organization and Control—See Consol. 5s and
3)4s above.
Secured by a first mortgage on (16) 100 miles
of road from Memphis, Tenn., to Grenada, Miss.
Over this line the Illinois Central R. R. has
entrance into Memphis from the south. These
Boras are outstanding at the rate of $35,000 per
mile.
Legal for Cal., Conn., Fla., Mich., Minn.,
N. H., N. J. and Wis. :
_ Listed on the New York Stock Exchange.
‘ Market.
New York—Hartshorne & Battelle, Wm. C.
Wilson, F. J. Lisman & Co., Coffin & Co., Foster
& Adams, Simon Borg & Co., Peck, Rasmus &
Truesdale. : ;
CHICAGO, ST. LOUIS & PITTSBURGH RAIL-
' ROAD CO. Ist Cons. 5s. Due Oct. 1,
1932.—F.
See Map 95. 7
Tax Exempt in Ohio, Indiana and Illinois. |
Dated March 31, 1883. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$22,000,000.
Outstanding—$1,506,000. e
Denomination—Coupon, $1,000. Fully regis-
terable. Registered, $1,000.
Trustee—Union Trust Co., New York.
Sinking Fund—On April 1, 1893, and annually
thereafter, 1% of bonds outstanding, to be
applied to the purchase of these bonds at not
exceeding 106 and interest. If not purchasable
at that price, funds revert to the Company.
Bonds purchased are to be cancelled. ‘.
Assumed by the Pittsburgh, Cincinnati,
Chicago & St. Louis Ry. Co.
Control—Consolidated in 1890 with several
other companies, into the Pittsburgh, Cincinnati,
Chicago & St. Louis Ry. Co. A large majority
of the stock of this company is owned by the
Pennsylvania Co., all of whose stock is owned by
the Pennsylvania R. R. Co. :
Secured by a first mortgage on (11) 580 miles of
road from Columbus, Ohio, to Chicago, Ill., and
Effner and Indianapolis, Ind., and from Rich-
mond to Logansport, Ind. At Effner connection
is made with another line of the Pennsylvania
System for Peoria, and at Indianapolis with the
(Closed mortgage.)
Vandalia Line for St: Louis: The road covered
by this mortgage forms an important part of
what. is-known.as the ‘Panhandle’ route from
Pittsburgh to Chicago, and also forms part of
the only- line which the Pennsylvania System
operates between St. Louis, Me., and Louisville,
'y., andithe East. These bondsare outstanding
at the rate of $2,600 per mile. _
Underlies—-$61,975,000 P., C.,C. & St. L. Ry.
Consols. Bonds are reserved under that mort-
gage to retire this issue.
Legal for Balt. .
Listed on the New York and Philadelphia
Stock Exchanges.
Market. :
’ Philadelphia—Mellor & Petry, Chas. J. Bender
& Co., Henry & West. fg
New York—Coffin & Co., Sutro Bros. & Co.,
Ladd & Wood, Wm. A. C. Ewen, Newborg &
Co., F. H. Hateh & Co., Hartshorne & Picabia,
Peck, Rasmus & Truesdale, Wood, Struthers &
Co., Vickers & Phelps, Redmond & Co., John
H. Davis & Co.
“Hartford—Roy P. Crary.
CHICAGO, ST. PAUL & MINNEAPOLIS RAIL-
WAY CO. Ist 6s. Due May 1, 1918.—N.
See Map 25. oe oh)
Dated May 9, 1878. Interest payable May
and Nov. 1, at Company’s office, 111 Broadway,
New York.
Authorized—$3,000,000.' - ae og’
Outstanding in hands of: public—$901,000.
Retired by Sinking Fund or exchanged for
C., St. P., M. & O. Cons. .6s-—$2,099,000.
Denomination—Coupon,: $500 and $1,000.
Registerable as to principal.
Trustee—David P. Kimball.
Sinking Fund—There were originally $2,700,000
Income Bonds secured under this mortgage by a
first lien on the land and a second lien on the
railroad. A sinking fund of $30,000 per annum
from the sale of land was provided to purchase
these income bonds at the lowest ariee. Upon
the maturity of those bonds in 1898, the mort-
gage provided for the purchase of these bonds
with the receipts of the sinking fund.
Convertible into C., St. P., Minn. & O. Cons.
6s of 1930 at par.
Assumed by the Chicago, St. Paul, Minneapolis
& Omaha Ry. Co.
Control—Consolidated in 1880 with other
companies, into the Chicago, St. Paul, Minne-
apolis & Omaha Ry. Co., which company is con-:
trolled by the Chicago & Northwestern Ry. Co.
vere ownership of a majority: of its capital
stock.
Secured by a first mortgage on (14) 177 miles of
road from Elroy, Wis., to west bank of St. Croix
River, including bridge over the river, near Hud-
son, Minn., and a first lien on the leasehold
interest in the St. Paul, Stillwater & Taylor’s
Falls R. R. from St. Croix River to St. Paul, 20
miles. (This company has since been absorbed
by the C., St. P., M. & O. Ry. Co.). Of the
mileage directly covered by this lien, which forms:
part of the main line of the Chicago & North-
western Ry. between Chicago and St. Paul and
Minneapolis, 154 miles are double-tracked.
These bonds are further secured by a first lien.
on 15,650 acres of land, the unsold portion of the
wand granted to the company when the road was
uilt.
Bonds of this issue are outstanding at the
rate of $5,100 per mile. : :
Underlies—$28,000,000 C., St. P., M. & O.
Ry. Co. Consols. and Debentures.’ Bonds are
reserved under the consolidated mortgage to
retire this issue. :
Legal for Balt., Cal., Conn., Fla., Me., Mass.,-
Mich., Minn., Mo., N. H., N. J., N. Y., R.L.,:
Vt. and Wis.
Listed on the New York Stock Exchange.
175
-. Market. :
New York—Sutro Bros. & Co., J. H.
& Co., Remick, Hodges & Co., Gilman & Clucas,
Foster &. Adams, Low, Dixon & Co., Wood,
Struthers & Co., Redmond & Co.
CHICAGO, ST. PAUL,
OMAHA RAILWAY C
Incorporated in Wisconsin in 1880. The com-
pany owns 1,680 miles of road, of which 160:miles
are double-tracked, from. Hlroy, Wis., where
connection is made with the Chicago & North-
western Ry. Co. to:St. Paul, Minneapolis and
Duluth, Minn., and from ‘Minneapolis to. Sioux
City and Council Bluffs, Ia., and Omaha, Neb.
The C, St. P., M. & O. Ry. Co. has outstanding
$10,000, 600 7 % non-cumulative preferred stock
and $15, 700,000 common stock. If more than
7% per annum is paid on the common stock, the
preferred stock is entitled to a like distribution.
The Chicago & Northwestern Ry. Co. acquired
$5,380,000 of the preferred and $9,540,000 of the
common stock in 1883.
‘Dividends on the preferred stock have been
paid since 1881 at 7%, and on the common
stock since February, 1897. Since 1905 divi-
dends of 7% per annum have been paid on the
common stock.
The company has a bonded debt of $39,000,000
outstanding in the hands of the publi¢, or at the
rate of $20,400 per mile of road., For a long period
of years annual net earnings exceeded twice
the interest charges on the entire funded debt.
Report for years we isis 1d June 30:
1912-13
Gross earnings... $17,992, BTL $16,993,004
Net earnings..... 5,359,800 5,105,543
Net income...... 4,636,089 4,558,500.
Interest, etc. .. 2,614,474 2,230,150
wividends', :” 23086,910 2,086,910
Balance....... Def. $65,295 . Surp. $92, 025
CHICAGO, ST.
. OMAHA RAILWAY €O0O. Cons. 63 & 34s.
Due dune 1, 1930.—N...
See Ma ;
Dated me I, 1880. Interest payable June
and Dee. 1, at company’s office, 111 Broadway,
New York.
»; Authorized—$30,000,000. -
Outstanding—$17,006,000 6s;.
784,000 3}4s.
Deriomination—Coupon, $1,000.
as to principal.
Trustee—-Central Trust Co., New .York.
Control—The C. ~ W. Ry. Co. owns a
majority of the stock.
Secured by a first mortgage on (14) 660 miles: of
road from Eau Claire to Spooner,, Wis., Trego to
Superior, Wis., Hudson to St. Paul, Minn.,; and
numerous branches, of which twenty miles are
double-tracked, .and a second mortgage on (15)
1,010 miles of road from St..Paul, Minn., to Le
Mars, ‘Ia., Elroy to Hudson, Wis., Duluth, Wis.,
to Superior, Minn., Northline to Bayfield, Wis.,
Omaha,, Neb. to Ponca, Neb., and branches,
subject to prior liens at the rate of $9,400 per
thile, This road forms a very important part of
the Chicago & North Western System, affording
its only entrances into St. Paul, Minneapolis
and Duluth, BL and also a line from Minnea-
polis to Omah:
‘Underlies $9, 200,000 Debenture 5s.
Legal for Balt., Cal., Conn., Fla. = Mass., Me.,
Mich., Minn., N. "HL, N. J..N, Y.,R. 1, Vt. and
Wis.
"Listed on the New York Stock. Exchange.
t.
~ New York—Clark, Dodge & Co., J. Farlee
& Co., Blodget & Co., Bigelow & Co., Gimtn &
Clucas,. Harris,' Forbes & Co., Sutro Bros. &
Co., McGeorge & Vanderhoef, L. M. Prince &
Co., W. C. Langley & Co., Remick, Hodges &
Registerable
"Becker ,
oRINNEAPOLIS &
PAUL, MINNEAPOLIS - &
Co, J. H.. Becker & Co., Newburger, Henderson
& Loeb, Low, Dixon & Co., Wood, Struthers &
Co., Whittemore, Pell & Co., Vickers & Phelps,
Kissel, Kinnicutt & Co., Peck, Rasmus & Trues-
dale, Seasongood & Haas, Redmond & Co.
Boston—N.- W. Harris & Co.,.R..L. Day & Co.
New Haven—Farlee.& Goodrich. —
Chicago—Harris Trust. & Savings Bank.
Philadelphia—Chas. Fearon & Co.
CHICAGO, ST. PAUL, MINNEAPOLIS &
OMAHA RAILWAY CO. Deb. 5s. Due
March 1, 1930.—F.
Dated March, 1, 1912. Interest payable
ee and Sept. 1, at company’s office, New.
ork.
Authorized—$15,000,000.
Outstanding—$9,200,000.
Denomination—Coupon, $1,000. Registerable
as to principal-or fully registerable. Registered,
$1,000, $5,000 and $10,000. C.-& R. inter-
changeable.
Trustee—Central Trust. Co., New York.
Security—A direct; obligation of the company,
but not secured by a mortgage. The company
covenants not to increase its mortgage debt,
except for the enlargement or extension of its
property, without securing these debentures
equally with any such additional bonds.
Legal for Balt., N. H. and R. I.
Listed on the. New York Stock Exchange.
Original Market—Offered in 1912, by Kuhn,
Loeb &.Co., New York, at 10534.
Market.
New York—Rhoades & Co., Redmond & Co.,
Seasongood & Haas,,H. N. Whitney. & Sons,
Ambrose R. Clark, Clark, Dodge & Co., Joseph
Walker & Sons, Blodget & Co., Coffin "& Co. oe
L. M. Prince & Co., Kuhn, Loeb & Co., J. H.
Becker & Co., Beverley Bogert & Co., McGeorge
& Vanderhoef, Redmond .& Co.
Chicago—Central Trust Co. of Illinois, a
Farnum & Co.
Philadelphia—Cassatt & Co..
CHICAGO, SANTA FE. FE & CALIFORNIA RAIL-
AY CO. Ist 5s. Due Jan. 1, 1937.—N.
Dare January 1, 1887. Interest payable
January and July 1, at company "8 office, 5 Nassau
Street, New York.
Authorized $35, 000 per mile.
Outstanding—$560,000. (Closed mortgage.)
- Denomination—Coupon, $1,000. Registerable:
as to principal, or fully registerable. Regidtered,
Trustee—Boston Safe Deposit & Trust Co.
of Boston. -
Control_—Merged into the Atchison, Topeka
& Santa Fe Ry. Co. ‘
Secured by a first mortgage on 439 miles of
double-tracked road from Corinth, IIl., five miles
from.Chicago, to Big Blue Jct., Mo., near Kansas
City. Bonds of this issue are outstanding. at
the rate of $1,300 per mile. .
* Underlies—$260,000,000 mortgage and deben-
ture bonds. :
Legal for Balt., Cal., Conn., .Fla., Me., Mass.,
aoe, Minn., Mo. w N. J, Be Y., RB. 1, Vt. and
is
CHICAGO, SOUTH BEND & NORTHERN
ste aa i RAILWAY Ist 5s. Due Jan. 1,
Dated Jan. 1, 1907. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized-——-$5,000,000.:
Qutstanding—$2,319,000. -
Held in Treasury—$305,000. re
Denomination—Coupon, $1,000.
Trustee—Central Trust Co.,, New York.
Organization—Incorporated in Indiana Jan.
1907 as successor to the Northern Indiana Ry.
Co. which latter company had absorbed. the
Indiana Ry. Co.,the South Bend, La Porte &
176
Michigan City Ry., the Michigan City Electric
Co., and the Michigan City Traction Co.
‘Secured by a mortgage on all the property of
the company including 117 miles of electric
railway track in South Bend, Mishawaka, Elk-
hart, Goshen, La Porte,. Michigan Gity, and
nterurban lines connecting these towns. Popu-
ation served about 130,000. Franchises are
perpetual except in Elkhart where franchise:
expires in 1957.
Prior Liens—$1,300, 000 including Indiana Ry.
tst S. F. 5s of 1930 and 2nd S. F. 5s of 1924 and
La Porte & Michigan City Traction Co. Ist S. F.
5s of 1930.
Net Earnings, 12/31/14 $306,295
224,718
Intéréstiss cee sine sagen s ayy:
Market.
Philadel phia—Chandler Bros. & Co., Samuel K.
Phillips, Osear R. Dare.
Pittsburgh—H. P. Taylor & Co.
Baltimore—Crouch & Carmine.
New York—Dewing & Co., Gude, Winmill &
Co., J. S. Bache & 0.5 Chandler Bros. & a
R. B. aoe & Co.; Didrichsen & Co., R. F.
Westerfield, P. Taylor & Co.
Chicago Hulburd. Warren & ‘Chandler, Yard,
Otis & Taylor, Wollenberger & Co., M. T.
Leonard & Co.
Buffalo—H. P. Taylor & Co.
CHICAGO TELEPHONE COMPANY Ist 5s.
Due December 1, 1923.—F.
Dated December 1, 1908. Interest payable
June and December 1, at First National Bank,
New York, and Trustee’s office, Chicago.
Authorized—$50,000,000.
Outstanding—$19, 050, 000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and $5,000. C. & R. interchangeable.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable at 105 and interest on any interest
date on three months’ notice.
Organization aa Control—Incorporated in
Illinois in 1881- oe owns the ‘perpetual and
exclusive rights of the Bell system in the counties
of Cook, Kane, -Lake, McHenry, Du Page, Ken-
dall, Grundy and Will in Illinois and Lake and
Porter in Indiana. The American Tel. & Tel.
Co. owns the entire capital stock of ‘the com-
pany ($27,000,000).
Secured by a first mortgage on the plant
supplying ‘Bell’ ’ telephone service in’ Chicago,
cl. ., and vicinity.
: Franchises expire Jan., 1929. The Gty
may purchase the property either on Jan. 1, 1919,
or Jan. 1, 1924, at 5% in excess of the cost of
duplication.
Net Earnings, 12/31/14. bd gence ah 682,959
Interest and taxes............ 046, 404
Listed on the New York and Chicago Stock
Exchanges.
Original Market—$14,000,000 offered in 1912
by First''Trust & “Savings Bank, Mercharits’
Loan & Trust Co., Chicago, and Lee, Higginson
& Co., New York ‘and Boston,’ Harris Trust &
Savings Bank, The Northern Trust Co. and
Illinois Trust & Savings Bank, Chicago,’ at
10214 and interest.
Market.
Chicago—Emery, Peck & Rockwood, Ft.
Dearborn Tr. & Sav. Bank, Illinois Trust & Sav.
Bank, J. B. Sardy & Co., A. E. Butler & aoe
Peoples’ Trust & Sav. Bank, Harris Tr.'& Sav.
Bank, Northern Trust Co., Yard, Otis & Taylor,
Merchants’ Loan & Tr. Co., Ali fred L. Baker &
Co., Chicago SAY, Bank & Trust Co., Babcock,
Rushton & Co., T.: Konsberg & Co. ., Union
Trust Co., ieee Greene & King, McCoy &
Co., First Trust & Savings Bank, C. F. Childs
Go; N. W- Halsey & Co., Ww Compton
& Co., Hulburd, Warren’ & Chandler, F. M.
Zeiler & Co., Russell, Brewster & Co., Stanwood,
Taylor & Co. Curtis & Sanger, W. H. Colvin
& Co; John’ Burnham & Co., Harris, Winthrop
05
’ Boston —N. W. Harris & Co., W. L. Ray-
mond & Co. ‘
New -York—-Harris, Forbes & a -, Lee, Hig-
ginson & Co., Gilman & Clucas, N. Whitney
& Sons, Curtis & Sanger, F. H. Hirateh & Co.,
Low, Dixon & Co. -,» Babcock, Rushton & Co.,
Spencer Trask & Co., J. A. Clark & Co., Gude,
Winmill & Co., Kirkpatrick & Lewis. .
Baltimore—Stein Bros., Nelson, Cook & Co.
St. Louis—Wm. R. Compton & Co., Bowman,
Cost.& Co., Francis Bro. & Co.
Hartford—Richter & Co. |
Indianapolis—Fletcher Amer. National Bank.
Omaha—City Trust Co..
CHICAGO, TERRE HAUTE & SOUTHEAST-
ERN RAILWAY CO. tist & Ref. 5s. Due
Dec. 1, 1960.—F.
See Map 135.
Dated December 1, 1910. Interest payable
June and Dee. 1, at First National ‘Bank, New
York, and First National Bank, Chicago.
‘Authorized—$20, 000,000.
Outstanding—$3, 950, 000. -
Held in Treasury—$1, 448,000.
Denomination—Coupon, $1, 000. Registerable
as to principal. Registered, $5, 000 and multiples.
C. & R. interchangeable.
Trustee—Illinois Trust & Savings Bank,
Chicago.
Redeemable as a whole at 107% and interest,
on any interest date on eight weeks’ notice.
Organization—Incorporated in Indiana in
1910 as successor to the Southern Indiana Ry.
Co.; which was sold at foreclosure. Subsequently
acquired the property of the Chicago Southern
Ry. Co. and Bedford Belt Ry. Co. |
Secured by a first morteaee on (4) 115 miles of
road from Chieago Heights, as to the Illinois-
Indiana State Line, near Danville, Ill., a second
mortgage on (5) 232 miles of road from the In-
diana-Illinois Line to Westport, Ind., subject to a
prior lien at the rate of $34,000 per mile, and a
third mortgage on (6) 4 miles of road from Bed-
ford, Ind., to stone’ quarries, subject to prior
liens at the rate of $124,000 per mile. These
bonds are outstanding at’the rate of $11,300
er mile. Further secured by a first lien on'19
ocomotives and 1,680 cars, $249,200 stock ‘of
the eee Belt Ry. Co. and $2,499,500. stock’ '*
of 'the 'C., H. & S: EB: Ry. Co. of Illinois.
The cone ‘has trackage rights into Chicago.
No passenger service“is operated north of West
Dana, Ind., twenty-eight miles north of Terre
Haute.
Prior Liens—$7,537,000 Southern Tadinga 1st
4s of 1951 and $350,000 Bedford Belt Ry. 1st '5s
of 1938, for the retirement of which, bonds of this
issue have been reserved.
Underlies—$6,500,000 Chicago, Terre Haute
& Southeastern Income Bonds, due Dee. 1, 1960.
Net Earnings, 6/30/14........... $697,939
TIMGEreSb idiot ok dngie aid fuller yg coal 546,648
This issue's « assincws enema 6 25 eae 382,062
Listed on the New York Stock Exchange.
Original Market—Offéred in 1911 by F. J.
Lisman & Co., New York, at 98 and interest.
Market.
New York—Babcock, Rushton & Co., F. J.
Lisman & Co., Bigelow "& Co., Wolff & Stanley,
Rauscher & Childress, Foster & Adams, R. B.
Hathaway & Co., Coggeshall & ge
Chicago—Babcock, Rushton & Co., Wollen-
berger & Co., C. F. Childs & Co., Hulburd,
Warren & Chandler, Yard, Otis & Taylor.
St. Louis—Bowman, Cost & Co.
Boston—Wm. A. Read & Co.
CHICAGO, TERRE HAUTE & SOUTHEAST-
ERN RAILWAY CO. Cumulative Income 5s.
Due Dec. 1, 1960.—F.
See Map 135.
177
Dated December 1, 1910. Interest payable,
if earned, March and Sept. 1, at oan National
Bank, New York, and First Trust & Savings
Bank, Chicago.
Interest Paid—1% Sept. 1, 1911, March and
Sept. 1, 1912, and March 1, 4913. 14% % Sept.
1, 1913: None since.
Authorized—$6,500,000.
Outstanding—$6, 363, 000;
Held in Treasury—$137, 7000.
Voting Privilege—These bonds are entitled to
one vote for each $100 par value.
Denomination—Coupon, $1,000 and ‘$100.
Registerable as to principal.
Trustees—First Trust & Savings Bank and
Louis Boisot, Chicago.
Redeemable as a whole on any interest. date
at par and interest, on 60 days’ notice. ~
Secured by a. mortgage junior to that -:of the
1st & Ref. Mtge. on the property: described above
under that issue. These bonds are outstanding
at the rate of $22,000 per mile.
Prior Liens—$3,950,000 Chicago, Terre Haute
& Southeastern Ry. Co. 1st & Ref. 5s of 1960,
$7,537,000 Southern Indiana 1st 4s of 1951, and
$350,000 Bedford Belt Ry. Co. 1st 5s of 1938..
Net Earnings, 6/30/14........... $697,939
UI MGOROS tis cde sa cps se diniesek eve a eae 20 546,648.
Market.
New York—Babcock, Rushton & Co., J: Ss.
Bache & Co., Fred H. Hatch & Co., F. J. Lisman
& Co.
Chicago—Yard, Otis & Taylor, Alfred L.
Baker & Co., Babcock, uahtou & Co. .
arnard. :
Philadelphia—E. R. B
CHICAGO UTILITIES Ist 5s, series “A” and
“B.” Due April 1, (1942,—
Dated April 1, 1912. ee “payable April
1 and Oct. 1, at Trustee's office. Interest on
Series ‘‘B’’ bonds non-cumulative to April 1,
1917. April 1, 1915, interest in default.
Authorized—$20,000,000 Series “‘A.”” $41,000,-
000 Series ‘“B.””
ae 024,900 Series “A.” $4,-
000,000 Series “
Held in a rcasuty ilies 000, Series ‘‘A.”’
Denomination—Coupon, $1,000. Registerable
as to principal, Registered, $1,000.
Trustee—United States Mortgage & Trust Co.
Redeemable on any interest date at par and
interest.
Organization—Incorporated in Maine in 1912,
as a reorganization of the Chicago Subway Co.
and the Chicago Warehouse & Terminal Co.
Security—Series ‘‘A’’ are secured by a first
and Series ‘‘B’’ by a second collateral lien on
the properties of the Chicago Tunnel Co. and
the Chicago Warehouse Terminal Co., through
the deposit of all of the stocks and bonds of the
two companies. The Chicago Tunnel Co. owns
58 miles of subway, covering every business
street in the center of Chicago. These subways
are used for the transportation of freight in the
business center of Chicago, and the company
also has a telephone system installed, using
automatic stations.
The Chicago ‘Warehouse & Terminal Co.
owns the tunnels located on private right-of-
way, which connect the lines of the Tunnel
company with the various buildings and ware-
houses which are served by the lines, and also
with the railroads entering Chicago. Freight
cars are shifted directly from the various rail-
roads to the building in which they are to be
loaded or mlpaned Sena locomotives being
use ket.
jen York—J, A. Chari & Co., Didrichsen &
“‘enleage Foun Burnham & Co.
CHICAGO, WISCONSIN & MINNESOTA
Pose CO. Ist 6s. Due March 1,
178
See Ma:
Dated Rr eaiee 1, 1885. Interest payable
hala and Sept. 1, at Bank of Montreal, New
ork.
Outstanding—$776,000 (Closed, mortgage).
Denomination—Coupon,. $1,000. Registerable
as to principal.
Trustees—John A. Steward and Gerald L.
Ho
‘Coatrol—Absorbed by the Wisconsin. Central
Ry. Company in 1899. This company is con-
trolled through stock ownership by the Minne-
apolis, St. Paul & Sault Ste. Marie By aie which
leases its road for 999 years. The M » St PL. &
S. S. M. Ry. Co. is controlled by the "Canadian
Pacific Ry. Co. through ownership of a majority
of its‘stock. The terms: of. the lease provide for
the payment. of 4% to holders of ‘‘Leased Line
Certificates; which represent Wisconsin Central.
Ry. Co. preferred stock: —
Assumed by the Wisconsin Central Ry. Co.
Secured-by a first mortgage on (5) 115 miles of
road from Chicago to Schlesingerville, Wis.
This road affords the Canadian Pacific System
an entrance into Chicago. Bonds of this issue
are outstanding at the rate of $6,600 per mile.
Underlies—$3v,000,000 Wisconsin Central Ry.
1st Gen. 4s of 1949, and Ist & Ref. aS of 1959.
Bonds are reserved under the latter mortgage to
retire bonds of this issue.
Net Earnings, 6/30/14... $2,148,080
Interest on bonds.............. 1,629,383
Legal for Me. and Mo. . ; :
Market.
New pork ee Handy & Co.
Chicago—Hodenpyl, Hardy & Co.
cate PULP CO. Ist ‘5s. Due July 1,
Dated July 1, 1903. Interest: payable Jan. and
July 1, at Trustee's. orbs
Authorized—$400,0'
Outstanding—$2 :7,' 000.
Retired by Sinking Baie 000. .
Denomination—Coupon, $500. :
Trustee—Royal Trust Co., Montreal, Can.
Redeemable as a whole at 110 and interest
on three months’ notice.
Sinking Fund—An annual amount sufficient
to retire this issue by maturity,
Organization—Incorporated in Quebec. The
company’s mills are located at Chicoutimi
Quebec, and have a capacity of 250 tons of
mechanical pulp per day.
Secured by a first mortgage on all the property
of the company including 338,000 acres of timber
rights, also water power rights and pulp mills.
Underlies—$928,000 1st Ref. S. F. 5s of 1940,
which provide for the retirement = ‘this issue.
Net Earnings, 6/30/14 $160,280
Interest on bonds....... 123,418
This ie8ue civg cu cues is ieee st 12,500
Market.
Montreal—St. Cyr, Gonthier & Frigon, Han-
son Bros.
Toronto—G. A. Stinson & Co.
CHILDS REAL ESTATE CO. 1st Serial 6s.
Series ‘‘A” due Sept. 1, 1929, and Series
“B” due Sept. 1, 1932.—F.
Dated Series ‘‘A’”’ Sept. 1, 1909. Series “B”
Sept. 1, 1912. Interest payable March and
Sept. 1, at Trustee’s office.
Authorized—$20,000,000, but not more than
$500,000 to be issued in any one year.
Outstanding—$165, 800 Series Me and $81,400
Series ““B.”
aes by Sinking Fund—$34,200 “A’”’ and
Held in Treasury—$210,200 ‘‘B.”
Issuable as follows—$500,000 for general pur-
po and the balance to purchase or acquire
reehold or leasehold interests in real estate and
for the construction of buildings, betterments,
improvements to the freehold or leasehold prop-
perty of the company. ; i
Denemination—Coupon, $100, $500
$1,000. Registerable as to principal.
Trustee—Guardian Trust Co., New York.
Redeemable as a whole or for the sinking fund,
on any interest date, at 110 and interest. ‘
Sinking Fund—The company is to redeem -on
Sept. 1 annually such proportionate part of each
series outstanding as will ‘retire all bonds then
outstanding by maturity. Bonds’ are to ‘be
drawn at 110 and interest.
Organization and Control—Organized to handle
the real estate negotiations of the Childs Co.~
which conducts a large number of restaurants in
many of the larger eastern cities including New
York, Boston, Philadelphia and Baltimore. |
The company leases property acquired with’
improvements to the Childs Co. which owns the
entire capital stock.
Market.
New York—J. K. Rice, Jr., & Co., Geo. S.
Crap, Tobey & Kirk.
New Haven—Kimberly, Root & Co.
CHILE COPPER CO. Coll. Tr. Convertible 7s.
Due May 1, 1923.—N.
Dated May 1, 1913. Interest payable May 1
and Nov. 1, at office or agency of Company in
New York City.
Authorized—$15,000,000.
Outstanding—$10,106,500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only. |
Trustee—Guaranty Trust Co., New York.
Convertible at any time into common stock,
par for par. 7 i
Organization—Incorporated in Delaware _ in
1913, and owns all of the stock of the Chile Ex-
ploration Co. The company is controlled by
the Guggenheim interests.
Secured by a first lien on the entire $1,000,000
capital stock of the Chile Exploration Co., which
owns extensive copper mines and mill sites at
Clinquicamata, Chile, where development work
is now in progress. : :
. Market. i
New York—Tobey & Kirk, Didrichsen & Co.;
L. F. Rothschild & Co., Gude, Winmill & Co.
CHIPPEWA VALLEY RAILWAY, LIGHT &
POWER CO. Ist 5s. Due July 1, 1924.—F.
Dated July 1, 1907. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$3849,000.
Retired by Sinking Fand—$42,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Harris Trust & Sav. Bank, Chicago.
Redeemable at 105 and interest on any interest
and
ate.
Sinking Fund—1% of outstanding bonds on
July t, 1913 and 1914; 2% 1915-1919; 3% 1920-
1980 for the purchase or redemption of bonds at
not exceeding 105 and interest. Bonds so ac-
quired are to be cancelled.” ;
Organization and Control—Incorporated in
Wisconsin in 1898 and acquired the property of
the Chippewa Valley Elec. R. R. Co. into which
the Eau Claire Light & Power Co. was merged.
In Jan., 1911, acquired te property of the Chip-
pewa Falls Water Works & Lighting Co., July,
1911, the Menominee Elec. Light & Power Co.,
and Nov., 1912, the Spring Valley Light & Power
Co. Merged into the Wisconsin-Minnesota
Light & Power Co. All of the common stock is
owned and the property managed by the Amer-
ican Public Utilities Co.
Secured by a first mortgage on all the propery
of the company and including 23 miles of electric
railway track embracing the street railway
systems of Eau Claire and Chippewa Falls, Wis..
and interurban line between those cities; all the
water powers on the Red Cedar River and-
hydro-electric plant at- Menominee, Wis. plants,
transmission lines and distributing systems sup-
plying electric light and power in tau Claire,
Chippewa Falls, Menominee, Elk Mound and:
Altoona;.on 40 miles of ‘transmission lines ‘fur-
nishing electric power to aaa pany. supplying
Redwing, Lake City and:-Wabasha, Minn.,-with
electricity and_on plant supplying gas to Chip-
pewa Falls. Population served, over 30,000.
Franchises—Railway franchise in Bau Claire
expires in 1928. The company surrendered its
lighting franchise in this town for an indeter-
minate franchise.
Underlies—$0,013,000 Wisconsin-Minnesota
Lt. & Pr. 1st & Ref. 5s, under which mortgage
bonds are reserved to retire this issue.
Net Earnings, 4/30/14,...:.....
Interests 23 4.0 vocals a5 cose aos 08 187,500
Original Market—$650,000 offered in_1907 at
91 and interest by Harris, Forbes & Co., New
York, N. W. Harris &.Co., Boston, and Harris
Trust & Sav. Bank, Chicago.
* Market. uf
New York—Harris, Forbes & Co. -:
Milwaukee—First Savings & Tr. Co., John'
E. De Wolf Company, ‘Edgar, Ricker & Co.
Chicago—Alfred L. ‘Baker & Co., Harris Tr.
& Sav. Bank, Wollenberger & Co. ;
Boston—N. W. Harris & Co.
4
CHOCTAW & MEMPHIS RAILROAD CO. Ist
5s. Due Jan. 1, 1949.—F.
‘See Map 36. ; ;
Dated January 2, 1899. Interest payable
oe and July 1, at First National Bank, New
ork. ° é i
Authorized—$3,750,000.
Outstanding—$3,525,000 (Closed mortgage).
Denomination—-Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
geomet -by the Choctaw, Oklahoma & Gulf
. R. Co.
‘Guaranteed as to interest by, the Chicago,
Rock Island & Pacific Ry. Co,, under terms of
lease of the Choctaw, Okla. & Gulf R. R.
Control—Merged into the Choctaw, Oklahoma:
& Guif R. R. Co. For further details see C., O.
& G. Cons. 5s below.
Secured by a first mortgage on (5) 282 miles of
road from the west bank of the Mississippi
River near Hopefield, Ark., to the Ark.-Okla.
State Line; on terminals in Memphis, Tenn., and
trackage rights from Memphis, Tenn., to west
side of the Mississippi River, including bridge
over the Mississippi River, 4 miles. Bonds
of tts laaue are outstanding at the rate of $12,500
per mile. .
Underlies—$5,411,000 Choctaw, Okla. & Gulf
Cons. 5s of 1952. There are also outstanding
$5,976,000 C.,R. I. & P. “Choctaw Purchase
Bonds” secured by the deposit of the entire stock
of the Choctaw, Oklahoma & Gulf R. R. Co.,
which stock is also a part of the security for the
C., R. 1. & P. Ry, Ist & Ref. 4s.
Listed on the ¥illadelphis Stock Exchange.
Market. . ‘
New York—J. 5, Bache & Co., Coffin & Co.,
Hartshorne & Picabia, McGeorge & Vanderhoef,
F. H. Hatch & Co., E. &'C. Randolph, Harts-
horne & Battelle, Wm. C. Wilson, Samuel Gold-
schmidt.
Philadelphia—Chas. Fearon & Co., Chas. C.
Harrison, Jr., & Co., E. B. Smith & Co., Chas.
D. Barney & Co., Henry & West, Elkins, Morris
& Co., Robt. Glendinning & Co., Reed & Hun-
toon, $. K. Phillips. :
CHOCTAW, OKLAHOMA & GULF RAILROAD
. Gen. 6s. Due Oct. 1, 1919.—F:
See Map 36. ©
Dated October 3, 1894. Interest payable
179
Jan. and July 1, at First National Bank, New
York, : or at.the Girard Trust Co, Philadelphia.
Authorized and Outstanding—$5,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal on fully registerable....
Trustee—H. U. Mudge. '
Controli—See Consol. 5s below.
Assumed: by. the Chicago, Rock Island &
Pacific Ry. Co.
Secured by a first mortgage on (6) 351 miles of
road from, a connection with the road formerly of
the Choctaw & Memphis R, R. Co.. on the
Arkansas-Oklahoma. ine, to. Elk City, Okla.,
and branch. Bonds of this issue are outstanding
at, ithe rate of $14,800 per mile.
‘ Underlies—See Choctaw & Memphis 1st 5s,
above. Bonds are reserved under the C.,
G. Consol. Mtge. and the C., R. I. & P. ist &
Ref. Mortgage to retire this i issue.
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
New York—Bigelow & Co.
Philadelphia—Robert Glendinning & Co.,
E. B. Smith & Co., Chas .D. Barney & Co., Chas.
C.; Harrison, Jr., Co, Montgomery, Clothier
& Tyler, Chandler & Co., H. F. Bachman & Co.,
S. K. Phillips, Henry & West, W. H. Newbold’s
Son & Co., Chas.. eeren & Co., Frazier & Co.
CBHOCTAW, OKLAHOMA & GULF RAILROAD
co. Cons. 5s. Due May 1, 1952.—F.
- See'Map 37. |
Dated May 1, 1902. Interest payable May
and Nov. 1, at Trustee’s office, Philadelphia, and
at First National Bank, New York.
« Authorizéd—$30,000, 000. a3
Outstanding—$5, 411, 000. Only $5,500,000
additional bonds may ‘be issued, to refund the
Gen. 5s of 1919.°
* ‘Denomination—Coupon, $1,000.. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia. .
* a eeuates by the Chicago, Rock Island & Pacific
y. Co.
_ Organization and Control—Incorporated in
1894 under act of Congress and acquired Choc-
taw & Memphis R. R. and other companies.
In 1902 the Chicago, ‘Rock Island & Pacific Ry.
Co. aequired all of the stock; and i in 1904 leased
the property for 999 years... ‘) ©
Secured by a first mortgage on (7). 835 miles of
road including branchés to Hot Springs, Ark,
Ardmore, Okla., and ‘Anthony, Kan.; a second
mortgage on (6) 633 ‘miles of road from Hopefield,
on the Mississippi River, opposite + Memphis,
Tenn., to Elk City, Okla., and branch,’ subject
to prior liens ‘at the average: Tate of $14, 300 per
mile, and a first lien in thé leasehold interest to
{emer o of road from Brinkley to Jacksonport,
Prior Liens—$5, 500, 000 Choe., Okla.” & Gulf
Gen. 5s of 1919; $3, 525,000 -Choe. & Mem
phis, 1st 5s of 1949 and $155, 000 Little Rock
Bridge 1st 6s of 1919; |”
' Listed: on the New York and Philadelphia
Stock Exchanges.
Original Market—$3,400,000 offered in Jan.,
1902, by Drexel & Co., Brown Bros. & Co., E. B.
Smith’ & Co., and W. H. Newbold Sons & Co.,
Philadelphia,’ at 107% and interest.
Market.
_Pilladelphta— Chee. oe Harrison, Jr., & Co.,
Samuel K. Phillips, E Smith & Co., Cassatt
& Co., Montgomery, Cicthier & Co., :
Bachman & Co., Henry & West, Chas. Fearon
& Co., Frazier & Co., Reed & Huntoon.
New York—-Hartshorne & Picabia, Wm. A.C.
Ewen, Babcock, Rushton & Co., Bigelow & Co.
CHOCTAW (OKLA.) RAILWAY AND LIGHT-
ING CO. 1st. 5s., Due March 1, 1938.
Dated March 1, 1908. Interest payable Mar.
and Sept. 1, at National City Bank, New York,
130.
Mercantile Trust. Co., St.Louis, Mo., and at
Colonial Trust & Savings Bank, Chicago.
Authorized—$1,500, poe.
“Outstanding—3906, 500.
Retired by Sinking Fund—$18,5
Denomination—Coupon, $500 nod $1,000.
Senne Maa eater © Trust Co., McAlester,
a
Redeemable at 105 on any interest date
thereafter on three weeks’ notice.
‘Sinking Fund—Began 1911, $12,500, 1913;
$15,000 1914; $17, 500 1915; $20,000 1916, and
annually thereafter: The 1913 payment was
applied to improvements and extensions.
, Organization—Incorporated in 1905 as suc-
cessor to the Indian Territory Traction Co. and
the Choctaw Electric Co. The company does
both a freight and passenger business and sup-
plies electricity for lighting.
Secured by a first mortgage on 23 miles of track :
including street railway in Hartshorne and Mc-
Alester, in Oklahoma, and interurban railway
between these cities and Krebs, Alderson and
Haileyville, and on plants supplying electricity
to these towns. The interurban railway is on
private right of way. Railway franchises expire
in 1942, lighting franchises are perpetual. Pop-
ulation ‘served, 28,000.
_ Underlies—$72, 000 ead: 73 1916.
Net Earnings, 12/31 TM Bierce ioseives $81,890
Original Market—$150,000. offered June, 1909,
at 93 and interest by the Colonial Trust and Sav-
ings Bank, Chicago. :
Market. '
New York—A. E. Fitkin & Co.
Chicago—Wollenberger & Co. A. E. Butler &
Co., Hulburd, Warren& Chandler.
CHRISTOPHER & TENTH | ST. RAILROAD
.u Ist_4s. Due Oct. 1, 1918.—N.
Dated Oct. 1, 1898. Interest payable April
oe Oct. 1, at. National Bank of Commerce, New
ork.
| Authorized and Outstanding—$210, 000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co.,.New York.
Guaranteed as to interest-by New York Rail-
ways Co. by terms of lease.
Control—Leased in 1890 to Central ‘Crosstown
R. R. Co. for 999 years. Rental 8% on $650,000
eapital stock, interest and organization expenses.
On April 1,:1904, the Central Crosstown R.
and, the’ Christopher & Tenth St. R. R. were
leased for 999 years to the Metropolitan Street
Ry. Co. at same rental. On reorganization of
the latter company, its successor the New York
Rys. Co. has assumed this lease.
‘Secured by a first mortgage on 4.16 miles
of electric street railway in New York. City.
Refunding—The; New, York Rys. Co..refund-
ing mortgage, provides for the retirement of this
issue provided the property and franchises of
the Central Crosstown R. R.:Co., including the
lease of this company, or not less than 95% of
the. collateral notes of the latter company are
acquired by the New York Rys. Co.
Market.
New York—Paterson & Co., Tobey & Kirk,
Leonard Snider & Co. :
CICERO GAS COMPANY Ref. & Gen. 5s.
Due July. 1, 1932.—
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$3, 370, 000.
Denomination—Coupon, $1, 000. Registerable
as_to principal.
Trustee—Central Trust Co., Chicago.
Guaranteed principal and interest by the
Northwestern Gas Light & Coke Co., by endorse-
ment.
Assumed by the Public Service Co. of North-
ern Illinois.
Control—Consolidated in 1902 into the
Northwestern Gas Light & Coke Co., which
company supplies gas to about 25 suburbs of
Chicago. In'1913 the property of the latter
company was purchased by the Public Service
Co. of Northern Illinois. ' 4
Secured by a mortgage on all -the property
formerly belonging to the Cicero Gas Co. and
including plant supplying gas to Cicero, Ill., and
vicinity. Population served 20,000.
_ Prior Liens—$500,000 1st 6s of 1922 which this
issue provides to retire. ‘
Underlies—$19,000,000 N. G. L. & C. 5%
notes of 1917 and bonds and notes of the Pub.
Serv. Co. of Nor. Ill. ag
Net Earnings, Pub. Serv. Co. of
N. IL, 5/31/14........-...4. $3,000,214
Interest, etc..............---- 1,461,461
Listed on the Unlisted Department of the
Chicago Stock Exchange. :
Market.
Chicago—Peoples’ Trust & Savings Bank, Al-
fred L. Baker & Co., Ft. Dearborn Trust &
Savings Bank, Babcock, Rushton & Co., John
Burnham & Co., Chicago Savings Bank & Trust
Co., National City Bank, Yard, Otis & Taylor,
Hulburd, Warren & Chandler, N. W. Halsey &
Co., E. T. Konsberg & Co., F. M. Zeiler & Co.,
Stanwood, Taylor & Co., Curtis & Sanger, Har-
ris, Winthrop & Co. : we
New York—Gilman & Clucas, N. W. Halsey
& Co., J. A. Clark & Co., John Burnham & Co.,
Plympton, Gardiner & Co., Williamson & Squire,
Bevcork, Rushton & Co., Russell, Brewster &
O. , : ;
CINCINNATI & HAMILTON ELECTRIC
Peer we Ist 6s. Due April
Dated April 1, 1898. Interest payable’ Jan,
and July 1, at Trustee’s office. :
Authorized—$500,000. Fs :
Outstanding—$400,000.
' Denomination—Coupon, $500.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland. — '
Guaranteed as to interest by lease of C., D. &
T. Tract. Co. to Ohio Elec. Ry. ,
Assumed by Cincinnati, Dayton & Toledo
Traction Co. :
_ Control—Merged with Cin., Day. & Tol. Trac-
tion Co., which is leased to Ohio Electric Railway
Co. After the floods in 1913 this lease was mod-
ified, and the following rentals are now payable
annually for years beginning June 30, of $266,500
in 1914-15 and increasing $10,000 per annum
to $326,500 in 1920-21; $846,500 in 1921-22,
and $366,500 in 1922-23 and thereafter, with
sufficient additional rental to cover dividends on
any additional preferred stock which may be
issued. ; ,
Secured by first mortgage on 15 miles of elec-
tric railway. :
Underlies—$4,050,000 Cin., Day. & Tol. Trac.
Co. ‘and Southern Ohio Trac. Co. bonds.
Net Earnings (O. E. Ry.),
6/30/18 oo. esas a keen eee $1,547,029
Rentals. ssa ag g3etderg an asin 1,159,884
Triterest:. 2 icaase eo aaa ee eras 370,337
Listed on the Cleveland and Cincinnati Stock
Exchanges.
Market.
Cincinnati—W. E. Hutton & Co.
Cleveland—Hayden, Miller & Co.
CINCINNATI & MUSKINGUM VALLEY RAIL-
ROAD CO. Ist 4s. Due Aug. 1, 1948.—F.
See Map 94.
Tax free in Ohio.
. Dated Aug. 1, 1898. Interest payable Feb.
and Aug. 1, at Farmers’ Loan and Trust Co,,
New York. ‘
Authorized—$2,000,0uu.
Outstanding—$1,737,000.
181
Held by Fenna. R. R. Co.—$1,818,000. a
Held by P. C. C. C. & St. L. Ry. Co.—$150,000.
Retired by Sinking Fund—$13,000. :
Denomination—Coupon, $1,000." Registerable
as to principal. : : ‘
yo ee Loan and Trust Co., New
ork, :
Sinking Fund—Annually, on October 1, 1%
of the bonds outstanding, to be applied to their
purchase at not exceeding par. If not purchased
at this price, the fund for that year shall revert
to the ecmpany. .
Guaranteed principal and interest by the
Pennsylvania Co. by endorsement.
Control—Consolidated in 1911 into the Cleve-
land, Akron & Cincinnati Ry. Co., which is
operated by the Pennsylvania Company under
the terms of an operating agreement, whereby
the net earnings revert to the C. A. & C. Ry. Co.
All of the stock of the company is owned by the
Pennsylvania Co. or its subsidiaries. ae
Secured by a first mortgage on (2) 148 miles of
toad from Trinway to Morrow, Ohio. Bonds of
this issue are outstanding at the rate of $11,700
per mile.
’ Net Earnings, 12/31/13..... Vows $421,245
Tnterests inc: eccyeid wecien ES AP Oks 322,395
Legal for Cal., Fla., Me., Mich., Minn., N. H.,
N. J., R. I. and Wis. :
'_ Market.
New York—W. E. Hutton & Co., Hartshorne
- Picabia, J. H. Becker & Co., Wood, Struthers
Co. 4 &
Cincinnati—Fifth-Third National Bank.
CINCINNATI, DAYTON & CHICAGO RAIL-
ROAD Co. Ist 4s. Due April 1, 1942.—F. |
See Map 38 s
Dated April 1, 1892. Interest payable April
and Uct. 1, at J. P. Morgan & Co., New York.’
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ,
Trusteé—New York Trust Co., New York.
“Assumed by the Cincinnati, Hamilton & Day-
ton Ry. Co. - F :
Guarantee—$12,500,000 C. H. & D. 1st & Ref.
4s, which.are junior to this issue, are guaranteed,
as to principal and interest, by the Baltimore
& Ohio R. R. Co., by endorsement. :
Control—Consolidated with other compamies
into the Cincinnati, Hamilton & Dayton Ry. Co.
in 1895. For further details, see C. H. & D. Ry.
Report below. :
Secured by a first mortgage on (6) 95 miles
‘of road from Delphos to Dayton, Ohio. These
bonds outstanding at the rate of $12,600 per mile.
Underlies—$49,000,000 C., H. & D. 1st & Ref.
4s of 1959, and Gen. 4}4s of 1939. Bonds are
reserved under the former mortgage to retire
bonds of this issue. $19,764,000 1st & Ref. 4s
included in the above $49,000,000 are owned hy
the C., H. & D. Ry. Co.
Market.’
New York—Wm. A. C. Ewen.
CINCINNATI, DAYTON & IRONTON RAIL-
> ROAD CO. Ist 5s. Due May 1, 1941.—F.
See Map 38. .
Dated May 1, 1891. Interest payable May
and Nov. 1, at J. P. Morgan & Co., New York.
Interest due Nov. 1, 1914, in default.
Authorized and Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. =
Trustee—Central Trust Co., New York.
Assumed by the Cincinnati, Hamilton &
Dayton Ry. Co.
Guarantee—See Cin., Day. & Chi. 1st 4s, above.
Control—Consolidated with other companies
into the Cincinnati, Hamilton & Dayton Ry. Co.
in 1895. For further details see C., H. & D.
‘yeport below.
Protective Committee—Alvin W. Krech (Pres.
Equitable. Trust Co.); Frederick H. Shipman
(Treas.. New, York Life Ins..Co.); and L. Ed-
mund Zacher (Treas. Travelers, Ins. Co., Hart-
ford). Secretary—Lyman Rhoades, 37 Wall
St., New York. Depositaries—Equitable Trust
a2 New York, and Union ‘Trust Co., Hartford,
onn. ae
Secured by a first mortgage on (7) 166 miles of
road from_Dayton to West Junction, Ohio,
and from Byers Junction to Dean, Ohio, and
branches.. These lines serve the coal fields of
Southern Ohio, and are of great importance to
the system, more than 57% of its tonnage being
products of mining. Bonds of this issue are out-
standing at the rate of $21,000 per mile. .
Underlies—See Cin., Day. & Chi. 1st 4s above.
Listed on the New York and Boston Stock
Exchanges. :
Market.
New . York—Plympton, | Gardiner.’ &- Co.,
Blodget & Co., Wolff & Stanley, Coffin & Co.,
paar & Clueas, L. M. Prince & Co., Wm: A. C.
wen. ye
CINCINNATI, DAYTON & TOLEDO TRAC-
TION CO. ist Cons. 5s. Due July 1, 1922.
ae
Dated July 1,,.1902. Interest payatle Jan.
and July 1, at Seaboard National Bank, New
York, or Trustee’s office, Cleveland, O.
Authorized—$5,000,000. i
Outstanding—$2,700,000.
Denomination—Coupon, $1,000. ‘
Trustee—Cleveland Trust Co., Cleveland, O.
Organization and Control—Incorporated in
Qhio: in 1902. Leased to Cincinnati Northern
Traction Co., and lease assumed by Ohio Electric
Ry. Co. In 1913, as a result of severe loss from
floods, rentals reduced to annual sum ‘increasing
from $266,500 for 1913-14 to $366,500 in 1922-
23 and thereafter to termination of franchises.
Secured by a mortgage on 67 miles of inter-
urban and street railway lines. including an
interurban line between Cincinnati and Dayton
and the street railway lines in Hamilton, Ohio;
28 miles are on private right of way, and franr
chises elsewhere are for from 25 to 50. years.
Population served; Cincinnati, 375,000; Hamilton
40,000;. Dayton, 125,000; the remaining terri-
tory, 30,000. a
Prior, Liens—$2,300,000 bonds of absorbed
companies. “
Net Earnings, Ohio Electric Ry,
6/30/13
‘Rentals, .
¢ Enberest cis epee edgete marge «
$1,547,029
1,159,884
370,387 .
Listed on the Cincinnati and Cleveland Stock
Exchanges. )
Market. :
Cincinnati—W. E. Hutton & Co., Claude
Ashbrook & Co.
.New York—W. E. Hutton & Co., John. D.
Curtis & Co. ‘
Boston—Hotchkin & Co.
CINCINNATI EDISON ELECTRIC CO. Ist 5s.
Due June 1, 1917.--F. . ;
Interest payable June and Dee. 1, at Guaranty
Trust Co., New York. :
Authorized and Qutstanding—$1,500,000.
Trustee—Central Trust Co., New York.
Control—Merged with Cincinnati Gas & Elec.
Co., which is leased by the Union Gas & Electric
Co., all of whose stock is owned by the Columbia
Gas & Electric Co.
Secured by a first mortgage on a part of the
plant supplying electricity in Cincinnati, Ohio.
Earnings—Dividends are being paid under the
lease at the rate of 5% per annum on $35,350,000
stock of the Cincinnati Gas & Elec. Co.
Listed on the Cincinnati Stock Exchange.
. Market.
New York—W. E. Hutton & Co., Harris,
Forbes & Co., John D. Curtis & Co.
182
Chicago—Harris Trust, & Savings Bank.
Boston—N. W.. Harris & Co.. A oy
Cincinnati-——Chas. C. Murray & Co., Fifth-
hird National Bank, Rudolph, Kleybolte & Co.,
Claude, Ashbrook & Co; j
CINCINNATI, FINDLAY & FT. WAYNE RAIL-
. . WAY CO. 1st 4s. Due Nov. 1, 1923.—F.
See Map 38.
Dated’ November 1, 1903. Interest payable
May 1 and Nov. 1, at J. P. Morgan & Co., New
York. Interest due Nov. 1, 1914, in default. |
Authorized—$1,000,000, and $15,000 per mile
additional at the discretion of the Trustees.
Outstanding—$1,150,000. g Ae
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—New York Trust Co., New York,
and Elias J. Jacoby, Indianapolis, Ind. ;
Redeemable at 102}4 and interest upon eight
weeks’ notice. 7
_..Guaranteed_ principal and interest by the
Cin¢innati, Hamilton .& Dayton Ry, Co. by
endorsement. :
Organization. and Control—Incorporated in
Ohio and Indiana to acquire property of Findlay,
Ft. Wayne & Western Ry. Co., sold at foreclosure.
All of thé stock is owned by the. Cincinnati,
Hamilton & Dayton Ry. Co., which leases the
property for ninety-nine years, from 1903.
for further details see C., H. & D. Report below.
Protective Committee—F. N. B. Close, Sidney
C. Borg, Henry F. Whitcomb and Albert H.
‘Wiggin. Secretary, P. D. Bogue, 16 Wall St.,
New York. Depositary, Bankers’ Trust Co.,
New York. .
- Secured by.a first mortgage on (8).91 miles of
road from Findlay, Ohio, to Ft. Wayne, Ind.,'and
branch to Delphos, Ohio. This is the only line
of the B. & O. System into Ft.. Wayne, Ind.
These borids aré outstanding at the rate of
$12,600 per mile. ©~ © ¢ ~ ces ee
Refunding—Bonds are reserved under the C.,
H. & D. Ry. Co. Ist & Refg: 4s to retire this
issue. . .
~ Listed on the New York Stock Exchange.
. Market. A
New York—W. N. Coler’ & Co.
CINCINNATI GAS TRANSPORTATION CO.
lst 5s. Due July 1, 1933.—F.°
Dated July 1, 1908. Interest payable Jan.
and July 1, at Cincinnati Trust Co.
Authorized—$5,000,000.
Outstanding—$4,345,000.
Retired by Sinking Fund—$655,000.
Denomination—Coupon, $1,000.
Trustee—Provident Savings Bank & Trust
Co., Cincinnati.
' Redeemable at 110 and interest.
Sinking Fund—$250,000 per annum payable
monthly. j ‘
Guaranteed principal, interest and sinking
fund by Columbia Gas & Elec. Co. and $3,000,000
also guaranteed by Cincinnati Gas &' Blec. Co.
_Control—All preferred stock owned by Cin-
cinnati Gas & Elec. Co. This company is leased
to the Union Gas & Elec. Co., all of whose stock
is owned by the Columbia Gas & Elec. Co., and
property leased to that company until 1938,
with privilege of renewal of lease.
_ Secured by first mortgage on 160 miles of main
pipe line and 25 miles of field lines, connecting
natural gas fields in W. Va. and Ky., owned by
Columbia Gas & Elec. Co., of Cincinnati. Daily
capacity, 80,000,000 cubic feet.
arnings—Dividends at the rate of 5% on the
$3,000,000 preferred stock and 10% on the
$2,000,000 common stock are being paid annually
under terms of lease.
Listed on the Cincinnati and Pittsburgh Stock
Exchanges.
Original Market—$3,000,000 offered 1909, at
974 and interest, by A. B. Leach & Co., New
York, Chicago, Boston, etc., and White & Co.,
New York.
a : Market.
New York—A. B. Leach. & Con John W.
Christiansen, J. S.. Bache. & Co., White & Co.,
W._E. Hutton & Co., John D. Curtis & Co.,
ee & Co., Didrichsen & Co., Ernest
mi
Cincinnati—W. E. Hutton & Co., Fifth-Third
apron Bank, A. J. Frank, Claude Ashbrook
Chicago—Hulburd, Warren & Chandler, Na-
tional City Bank, A. B. Leach & Co.
. Baltimore—Poe & Davies.
Detroit—Security Trust Co.
Philadelphia—Oscar R. Dare.
Ne HAMILTON & DAYTON RAIL-
Incorporated: in 1895 in Ohio. In 1905 the
company was placed in the hands of a receiver,
but a reorganization was effected without fore-
closure, and in 1909 the company again took over
the operation of its lines. In July, 1914, the
company was again placed in the hands of re-
ceivers, and interest on practically the entire
funded debt is now in default.
The company owns 314 miles of road from Cin-
cinnati to Ironton, Ohio, and Dayton to Dean,
Ohio, leases 145 miles from Dayton to Toledo,
Ohio, and controls through stock ownership
roads owning 511 miles of road Hamilton, Ohio,
to Springfield, Ill.; Findlay, Ohio, to Fort
Wayne, Ind., and numerous branches. The
company thas trackage rights over 45 miles of
road, making the total length of road operated
1,015 miles, of which i ae are double-tracked
The C., H. & D. Co. has outstanding
$8,000, 006 common sist. and $248,575 5% non-
cumulative preferred stock, A majority of the
common stock is owned by J. P. Morgan & Co.,
and deposited: under’ a voting trust agreement
ape ee 1, 1916, at which time the Baltimore
o R. R. Co. will purchase the stock :at a
ais ge be fixed by. arbitration.
The C., H.. & D. Ry. Co., together with its
leased and controlled lines, has outstanding
eo 900,000 bonds, not including equipment
obligations. These bonds are outstanding at
the rate of $60,700 per mile. For many years the
company has been unable to earn its fixed
charges, showing a deficit annually.
Report, years: ome June 30,
1913-14. . 1912-18 ,
. .$10,084,217 $10, 071, 297
346,373 "2,009,307
890,406 1,161,792
Gross Earnings .
Net Earnings.....
Net Income........
Rentals......... ‘ 879,597 386,956
Interest.......... + 2,044,488 2, 428, 902
Deficit......... $3,814,491 $1,643,066
CINCINNATI, HAMILTON & DAYTON RAIL-
ROAD CO. 2nd (now Ist) 44s. Due Jan.
1, 1937.—F.
See Map 38. ei
Dated January 1, 1887. Interest payable Jan.
and July 1, at J. P. Morgan & Co. gle dork
Authorized and Outstanding—$2, 000,0
- Denomination—Coupon, $1,000. tT ateable
as to principal.
ag eee mane Loan & Trust Co., New
ork.
Assumed by the Cincinnati, Hamilton & Day-
ton Ry. Co. in 1895 at consolidation.
Guarantee—$12,500,000 C. H. & D. Ry. lst &
Refg. 4s, which are junior in lien to this issue,
are guaranteed as to principal and interest by
the B. & O. R. R. Co. by endorsement. ;
Lonerel Mere with other companies into
the C., H. & D. Ry. Co. in 1895. HOF further
details see C., H. & D, Ry. Co.. ee
Secured by a first mortgage on (4) 59 miles of
toad from Cincinnati to Dayton, Ohio, of
which 80 miles are double-tracked. This line
forms the main stem of the C., H. & D. System,
the various branches connecting with this line at
Hamilton or Dayton. These bonds are out-
standing at the rate of $38,800 per mile.
Underiies eect 000,000 C.,.H. & D. R. R.
Gen. 5s of 1942 and C., H. & D. Ry. 1st & Ref.
4s of 1959, and Gen. 48 of 1939. Bonds are
reserved under the C., H. . Ry. ist & Refg.
mortgage, to retire this issue. $19,764,000 of
these 1st & Ref. 4s, included in the above $52,-
000,000, are owned by the C., H. & Di Ry. Co.
Listed on the New York and Sansa Stock
Exchanges.
Market.
New York—Redmond & Co., A. M. Kidder &
Co., W. E. Hutton & Co., Newborg & Co.
Cincinnati—W. E. Hutton & Co.
_Baltimore—J. 8. Wilson, Jr., & Co.
CINCINNATI, AMILYON & DAYTON RAIL-
AY Gen. 44s. Due July 1, 1939.—F.
See Map 39.
Dated Fuly 1, 1909. Fixed interest payable
Jan. and July 1, and income interest aN 1 at
P. Morgan & Co., New York. Jan. 1, 1915,
interest in default.
Interest Rate to July 1, 1914, 1% fixed, and
81476 if earned; to July 1, 1916, 3% fixed and
4B, if earned, and 474% fixed thereafter.
ee A ned, 000,000.
Outstanding—$17,529, 000.
Held in Treasury—$2, 471, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Central Trust Co., New York.
Red ble at par and int it on any January
or July 1, upon at least 30 days’ notice.
Guaranteed—If the Baltimore & Ohio R. R.
acquires a peony interest in the stock of the
~, H. Ry. Co., then it shall either purchase
these bonds at 85, or exchange them for a 4%
bond, guaranteed as to principal. and interest
by the B. & O. R. R. Co., and redeemable at
103 and interest.
Of the outstanding bonds $2,000,000 were
issued with coupons calling for 4% interest up
to July 1, 1916, and the B. & O. R. R. Co. has
deposited with the Bankers’ Trust Co. funds
sufficient to meet this interest.
Protective Committee—Charles H. Sabin,
Harry Bronner, Samuel L. Fuller and J. H.
McClement. Secretary, Arthur B. Hatcher, 140
Broadway, New York. Depositary, Guaranty
Trust Co., New York. .
Secured by a lien junior to that of the 1st &
Ref. 4s on the iproperty described: under that
issue below. :
Prior. Liens—$61, 000, 000 C., Hé D. Ry. 1st
& Ref. 4s 1959, ‘and siivisional bonds. .
Market... .
New York—Bull & Eldredge, Coffin & Co.,
Wolff & Stanley, Newburger, Henderson & Loeb
Bigelow & Co., Morgan & Barelety McGeorge &
jbogerkoet, Newborg & Co., F. J. Lisman & Co.,
Chas. Barney & Co., Guaranty Trust Co.,
Rene Goldschmidt, Leonard Snider & Co.
Boston—L. Sherman Adams.
CINCINNATE, HAMILTON & DAYTON RAIL-
7 roa a Gen. 5s. Due June 1, 1942.—F.
ee ap
Dated Pune 1, 1892.
and Dec. 1, at J. P. Morgan
Authorized—$7,800,000.
Outstanding—$3,000,000.
Registerable
Interest payable June
& Co., New York.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Guarantee and Control—See ‘ond 414s above.
Assumed by the Cincinnati, Hamilton &, Day-
ton Ry. Co,
Secured by a second mortgage on (4) 59 miles
of road described under the 2nd 414s above
183
Bonds of this issue are outstanding at the rate of
$50,700 per mile. : ;
Prior Liens—$2,000,000 Second (now First)
4lés of 1937. 58
Underlies—$49,000,000 C., H. & D. Ry. 1st &
Ref. 4s of 1959,'and Gen. 414s of 1939. Bonds
are reserved under the former mortgage to retire
this issue. $19,764,000 of the Ist & Ref. 4s,
included in the $49,000,000 above, are owned by
the C., H. & D. Ry. Co. ;
Listed on the Cincinnati Stock Exchange.
Original Market—$z,000,000 offered in 1892,
at 102 and interest by Blair & Co., New York.
Market. a
New _York—Newborg & Co., Bigelow & Co.
Gude, Winmill & Co.
Boston—Estabrook & Co.
CINCINNATI, HAMILTON & DAYTON RAIL-
WAY CO. Ist & Ref. 4s. Due July 1, 1959.
See Map 389
Dated July 1, 1909. Interest payable Jan. and
July 1,:at J..P. Morgan & Co., New York, and at
London July 1, 1914, and. subsequent interest on
bonds not guaranteed in default.
.Authorized—$75,000,000.' ' :
Outstanding in hands of public—$9,177,000.
Held in Treasury. or deposited as collateral—
$19,764,000. : :
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
Trustee—Bankers’ Trust Co., New York.
Guarantee—$12,500,000 of- this issue are
guaranteed principal and interest by the Balti-
more & Ohio R. RK. Co. by endorsement. -
Protective Commiittee—William_ A. Reed,
J. A. Barnard,’ Henry E. Cooper, Frederick H-
Ecker, Geo. K. Johnson, H. F. Whitcomb, Albert
H. Wiggin and L. Edmund ‘Zacher. Secretary,
E. Mowle, 28 Nassau St., New York, Deposi-
tary, Equitable Trust Co., New York.
Secured by a second mortgage on (1) 261 miles
of road from Delphos to West Jct. and from
Byers Jct. to Deans, Ohio, subject: to prior liens
at the rate of $18,000 per mile, and a third mort-
gage on (2) 59 miles of road from Cincinnati to
Dayton, of which 30 miles are double-tracked,
subject to prior lien at the rate ‘of $84,500 per
mile. Further secured by a first collateral lien
on (3) 14 miles of road from Bowling Green to
North -Baltimore,:and from Hamilton to East
Middletown, a first lien on practically the entire
capital stock issues of four companies, owning
(4) 461 miles of road: from Hamilton, Ohio,
through Indianapolis, Ind., and Decatur, Ill.,
to Springfield, Ill., with branch from Sidell to
West Liberty, Ill., Findlay, Ohio, to Ft. Wayne,
Ind., with branch to Delphos, O., and Piqua to
Troy, Ohio, subject to mortgage at the rate of
$20,000 per mile; practically the entire capital
stock of three companies owning (5) 16 miles of
road from Tontogany to Bowling Green, Ohio,
Deshler to Findlay, Ohio, and terminal trackage
in Hamilton, free from mortgage debt; one-half
of the capital stock of the Dayton & Union R. R.
Co., owning road from Dodson to Union City,
Ohio, (6) 32 miles, free from mortgage debt and
leasing 15 miles from Dodson to Dayton; $106-
500 of the $321,000 stock of the Dayton Union
Ry. Co., owning the Union ‘Depot in Dayton,
subject to $421,000 bonds, and practically the
entire stock of the Miami Valley Ry: Co. owning
an electric railway between Piqua and’ Troy,
Ohio, 9 miles. Aslo secured by a first lien on
the pore lease of the Dayton & Michigan
R. R., (7) 142 miles from Dayton to Toledo,
Ohio. These bonds are secured either' directly
or by:a collateral lien on the entire system and
are outstanding at the rate of $34,800 per mile,’
including bonds held in treasury or $11,000 per
mile if only bonds in hands of public'are con-
184
sidered. In neither case. has mileage covered by
leasehold interest been included. eee
Prior Liens—$9,700,000. bonds on road on
which these bonds are secured by a direct
mortgage and $10,000,000 on that property on
which they are secured. by a collateral lien.
Underlies—$20,000,000 Gen. 44s.
Listed on the New York Stock Exchange.
Original Market—$12,500,000 offered in March
1910, at 9114 and interest, by Kuhn, Loeb &
Co. and Speyer & Co., New York.
: a . Market.
Chicago—First Trust & Sav. Bank, Evers & Co.
New York—Gude, Winmill & Co., Wolff &
Stanley, Coffin & Co., L. M. Prince & Co., ‘Gil-
bert Eliott & Co., Simon Borg & Co.. :
CINCINNATI, HAMILTON & DAYTON RAIL-
WAY CO. Equip. 414s. Due $54,000 each
Qct: 1st and ‘April 1st’ to April ist, 1916,
inelusive.—F:
Dated April 1, 1905. Interest payable April
and Oct. 1, at J. 'P.. Morgan & Co., New York.
Oct. 1, 1914, and subsequent principal and inter-
est payments in default. :
Authorized—$1,080,000. : t
Redeemed—$864,000.
Outstanding—$216,000. ..-
Denomination—Coupon, : ‘ $1,000.
Trustee—Central Trust Co., New York.
Protective Committee—Wilmer Palmer, Osman
F. Reinhard and’ Rudolph Kleybolte. Deposi-
tary, Bankers Trust Co., New York.
Secured by an equipment trust agreement on
15 locomotives, 4 parlor cars, 10 passenger cars,
3 mail cars, 6 baggage cars and 15 cabooses,
costing $1,200,711. of ‘which $120,711 was paid
in cash. A part of this equipment was delivered
to the Pere Marquette R. R. Co., which agreed
with the C., H.'& D. Ry. Co. to pay 63.65% of
the cost. . fins '
Original Market—Offered in 1905 by Rudolpb
Kleybolte & Co. (now: Kleybolte, Baker & Co.),
Cincinnati and New York.
Market. thet
New York—White, Weld & Co., Wolff & ©
Stanley, Freeman & Co., Coggeshall & Hicks.
CINCINNATI, HAMILTON & DAYTON RAIL-
- WAY CO. Equip. 5s. Due'$116,000 each
! Dee: 1st and June Ist'to June 1, 1920,in-
clusive.—F. ;
Dated June 1, 1910. Interest payable June
and Dec. 1, at J.-P. Morgan & Co., New York.
Authorized—$2,320,000. '
Redeemed—$1,044,0:/0.
Outstanding—$1,276,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement,on
25 locomotives, 750 steel coal cars, and 1,000
steel underframe box cars, costing $2,887,005 of
which $567,005 was paid in cash. .
Original Market—Offered' “March, 1910, to
net 434% by Kissel, Kinnicutt & Co., New York
and Chicago.
d Market.
New York—Coggeshall & Hicks.
CINCINNATI, INDIANAPOLIS & WESTERN
RAILWAY CO. Ist & Ref. 4s. Due Jan. 1,
1953.—F. i
See Map 38.
Dated January 1, 1908. Interest payable
Jan. and July 1, at J. P. Morgan & Co., New
York. July 1, 1914, and ‘subsequent interest in
default. Mi
’ Authorized—$8,200,000.
Outstanding—$4,722,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ‘ i
Trustees—Equitable Trust Co., New York,
and Elias J. Jacoby, Indianapolis, Ind.
Organization and Control—Incorporated in
1902 in Illinois, Indiana and Ohio. The entire
Capital stock is owned by the C., H. & D. Ry. Co.
.Guaranteed ‘principal -and interest by: the.
Cincinnati, Hamilton & ‘Dayton Ry. Co. -by
endorsement.. : ee ae, Say
Protective Committee—Same as for C.,H. &
D. 1st.& Ref. 4s, 1959, which see above. © ae
Secured by a first mortgage om (1) 99 miles of
road from’ Hamilton, Ohio,.to. Indianapolis, Ind.,
and a secohd mortgage on, (2) 262: miles of ‘road
from Indianapolis, Ind., to Springfield, Ill., with
branch from Sidell to West Liberty, Ill., subject,
to a prior lien at the rate of $12,000 per mile.
These bonds are outstanding at the rate of $18,100
per mile on the line affording. the C., H. & D.
y- Co. its entrance into Indianapolis, Ind., and
Springfield, Ill. é
‘Prior Lien—$3,162,000 Ind., Dec. & West.
1st 5s -of 1935.
--Refunding—Bonds are reserved. under the
C. & D. Ry. 1st & Ref. 4s of 1959 to retire this
issu
e.
Listed on the New York and Cincinnati Stock
Exchanges.
Market. -
‘New York—Bull & Eldredge, Babcock, Rush-
ton & Co.
CINCINNATI, INDIANAPOLIS, ST. LOUIS &
CHICAGO RAILWAY CO. Ist Cons. 6s.
Due May 1, 1920.—N.
See Map 40.
‘Dated March 8, 1880.: Interest payable May
and Nov., atiJ. P. Morgan & Co., New York.
Authorized—$7,500,000.
Outstanding—$533,000.. Under the terms of
the C.,C., C. & St. L. Ry..Co’s Gen. Mtge., no
more of these bonds may be issued.
Retired by sinking fund. and held alive under
C., C., C. & St."L. ‘Gen. Mtge. $152,000,
Denomination—Coupon, $1,000. | Registerable
as to principal.
Trustees—Wm. A. Wildhack, Cincinnati, and
James. D. Layng. «
Redéemable for Sinking Fund at 105 and
interest. - os ‘ af ; :
' Sinking Fund—One per cent. annually of
bonds outstanding, to be applied to purchase
of these bonds or prior lien bonds secured.on the,
same ‘road at not exceeding 105 and interest.
If no bonds can be so purchased, these bonds are
to be drawn by lot.
Assumed by the Cleveland, Cincinnati, Chi-
cago & St. Louis Ry.:Co._ -
Control—Consolidated in 1889 with the C.,
C., C. & St. L.. Ry. Co. Aen a
’ Secured: by a-first, mortgage on (2) 173 miles of
road from. Cincinnati, Ohio, to Lafayette, Ind.,
with the branch to Lawrenceburg, Ind.- This
line isthe only line from. Cincinnati to the West
controlled: by the New York Central System.
These bonds are outstanding at the rate of
$3,500 per mile. ;
Underlies—$50,000,000 C.,1., St. L. & C. Ry.
Gen. 4s and C., C.,C. & St. L. Gen. 4s and deben-
ture bonds. Bonds are reseryed ‘under the first-
named mortgage to retire this issue. ‘
Legal for Cal., Me. and Mo. 7
Listed on the New York and Cincinnati Stock
Exchanges.
Market.
— York—L. M. Prince & Co., J. H. Becker
0.
Philadelphia—Chas. Fearon & Co.
CINCINNATI, INDIANAPOLIS, ST. LOUIS &
CHICAGO RAILWAY CO. Gen. ist 4s.
Due Aug. I, 1936.—F.
See Map 40.
Dated August 2, 1886. Interest payable
Feb., May, Aug. and Nov. 1, at J. P. Morgan &
Co., New York.
Authorized—$10,000,000.
Si
Outstanding—-$7,992,000. Under the terms of
185
the C., C., C. & St. L.. Gen. Mtge., no more of
these bonds may be issued.
Retired by Sinking Fund and held alive under
C., C., C. & St. L. Gen. Mtge.—$763,000. ©
Denomination—Coupon,° $1,000. Coupon
bonds, may be exchanged for registered bonds.
Registered, $1,000, $5,000 and~$10,000. _..
Trustees—Central Trust Co., New York, and
Wm. A. Wildhack.
Sinking Fund—1% annually of the bonds out-
standing, to.be paid to the Trustee by the com-
pany in,.money or bonds; if in money, to be
applied to the purchase of these bonds at not
exceeding 10234 and interest. If bonds are not
purchasable at.this figure payment shall revert
to company. : :
Assumed by the Cleveland, Cincinnati, Chi-
eago & St. Louis Ry. Co.
Control—Consolidated in 1889 into the C., C.,
Cc. & St. L, Ry. Co.
Secured by a second mortgag2 on (2) 173 miles
of road from Cincinnati, O., to Lafayette, Ind.,
and branch, subject to a prior lien at the rate of
$3,500 per mile. Further secured by a first lien,
through the deposit. of the entire bond issues,
$775,000 and $512,750 of the $750,000 stock of
two companies, on (3) 69 miles of road from
Rushville to North Vernon and Greensburg to
Columbus, Ind.; ,a first lien on $1,773,000 of the
$2,890,000 bonds and $2,193,375 of the $2,251,-
850 stock of four companies, owning (4) 126 miles
of road from Templeton, Ind.,. via Kankakee,’
Ill., to Seneca, Ill., Fairland to Martinsville, Ind.,
and Valley Jet. to Harrison, Ohio; and a first
lien on the trackage rights (5) over the Illinois
Central R. R. Co. from Kankakee to Chicago.
These bonds are secured, either by a direct or
collateral lien, on the line between Cincinnati
and Chicago. Bonds of this issue are outstand-
ing on the mileage covered as above (except track-
age rights), at the rate of $19,200 per mile,
Prior Liens—$593,000 Cinc., Indianapolis, St.
L. & Chicago 1st Cons. 6s of 1920. 4
Underlies—$28,000,000 C., C., C. & St.. L.
Ry. Gen. 4s. Bonds are reserved under that
mortgage to retire this issue. Also Underlies,
$14,600,000 Debentures.
Listed on the, New York and Cincinnati Stock
Exchanges. _
: . Market. ‘
New York—L. M. Prince & Co., Coffin & Co.,
Wm. C. Wilson, S.rong, Sturgis & Co., Gilman
& Clucas, Korn, Lehman & Co., J. H. Becker &
Co., Hartshorne & Battelle, Rauscher & Childress,
Pouch & Co., Jones & Lanman.
Philadelphia—Chas. Fearon & Co., S. K.
hillips. y
CINCINNATI, LEBANON & NORTHERN
ee co. ist 5s. Due Jan. 2,
See Map 94.
Dated Jan. 2, 1886. Interest payable Jan.
and July 1, at Central Trust & Safe Deposit Co.,
Cincinnati, Ohio. ; :
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
Teustee—John Flack Winslow, Cincinnati, O.
Organization and Control—Incorporated in
Ohio in 1885. All of the stock is owned by the
Pittsburgh, Cincinnati, Chicago & St. Louis Ry.
Co., which is controlled by the Pennsylvania Co.,
a subsidiary of the Pennsylvania R. R. Co. —
Secured by a first mortgage on (3) thirty-eight
miles of road from Cincinnati to Dodds, Ohio,
and branch. Bonds of this issue are outstanding
at the rate of $5,300 per mile.
Underlies—C., L. & N. 1st Cons. 4s of 1942,
under which mortgage bonds are reserved for the
retirement of this issue.
Net Earnings, 12/31/14.......... $119,971
Tnterest 5. sos ie cx secgasars oye ace dustin eased i
Legal for Savi gs Banks in Me. and Mo.
Listed on the Cincinnati Stock Exchange.
Market.
Cincinnati—W. E. Hutton & Co. ia
Philadelphia—C. C. Harrison, Jr., & Co.’ ae
CINCINNATI, LEBANON. & NORTHERN
Poe co. Ist Cons. 4s. Due Nov. 1,
See Map 94.
Tax free in OFio.
Dated Nov. 1, 1902. Interest payable May
and Nov. 1, at Parmers’ Loan and Trust Co.,
New York.
, Authorized——$1,500,0
- Outoeanding= $296 p00. ($400, 000 held by the
Pennsylvania Co.)
Retired by Sinking Fund—$1,220,000
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Central Trust & Safe Deposit Co.,
Cincinnati, Ohio.
Sinking Fund—1% per annum of bonds out-
standing to be auplied to their purchase at not
exceeding par. If not purchasable at this price,
the funds for that year shall revert to the com-
pany.
Guaranteed as to principal and interest by the
Pennsylvania Co. by endorsement.
Organization and Control—Incorporated in.
Ohio in 1885,
Chieago & St. Louis Ry. Co: owns the entire
capital stock. In Jan., 1915, the C., L. & N.
Ry. Co. pequired the Dayton, Lebanon &’ Cin-
einnati R. & Terminal Co., owning 30 miles
of road ioe Lebanon to Lebanon Jct., Ohio,
and branches.
Secured by a first mortgage on (4) 14 miles of
road from Middletown Jct. to Middletown,O.,
and a second mortgage on (3) 38 miles of road
from Cincinnati to Dodds and branch, subject
to prior lien at the rate of $5,300 per mile. Bonds
of this issue are outstanding at the rate of $23, 400
per mile.
Prior Liens—$200,000 C., L. & N. 1st 5s of
1916 to retire which bonds are reserved under this
mortgage.
See 1st 5s, 1916, above.
Legal for Me., Mich., Minn., Mo. and N.H.
Listed on the Cincinnati and New York Stock
Exchanges.
Original Market—Offered in 1902 by Season-
good & Mayer, Clacinati, at 102 and interest.
arket.
New York—L. M. Prince & Co., Wm. A
Ewen, W.E. Hutton & Co., Post & Flagg, Didrich-
sen & Co., Hartshorne & Picabia, Raymond,
pe Naa Co., Wood, Struthers & Co., Redmond
0.
Boston—Parkinson & Burr.
Cincinnati—W. E. Hutton & Co., Fifth-Third
National Bank, Chas. C. Murray & Co.
CINCINNATI, NEW ORLEANS & TEXAS
PACIFIC RAILWAY CO. Equipment 4}4s,
Series ‘‘B.”” Due $96,000 on Nov. 1, 1915,
and May 1, 1916.—F.
Dated May 1, 1906. Interest payable May
and Nov. 1, at Baditetie Trust, Co., New York.
Authorized—$1, aes,
Redeemed—$1, 000.
Sceaiee S108. 7000.
Denomination——Coupon, $1,000.
Trustee—Equitable Trust Co. -» New York.
Secured by an equipment trust agreement
on 1,250 hopper cars, 1,000 box cars, 250 coke
cars, 250 flat cars, 250 gondolas and 40 ballast
cars and 1 snow plow, costing $2,348,915 of
which $410,915 was paid in cash.
Net Earnings, 6/30/13 $8. 609,645
Interest, ete............0..0.. 1,357,092
Original Market—Offered in 1906, by Potter,
Choate & Prentice and the Hanover National
Bank, New York, on a 5% basis.
The Pittsburgh, Cincinnati,’
_ Cy
‘Market.
New York—Potter,, Choate & Prentice,
Freeman & Co., Coggeshall & Hila, :
Philadelphia—Henry & Wes
Cincinnati—Fifth-Third National Bank..
CINCH ae NEW ORLEANS & TEXAS
CIFIC RAILWAY CO. Equipment.:4}4s,
Sales “C2” Due $50,000. each Nov. 15th
and May 15th to-May 15, 1921, inclusive.—F.
Dated May 15, 1911. Interest payable May
and Nov. 15, at Bankers’. Trust Co., New York.
Authorized——$1, 000,000.
Redeemed—$ 100,000."
Outstanding—$600,000.
Denomination—Coupon, $1, 000...
Trustee—Bankers’ Trust. Co., New York.
Secured by an equipment trust agreement
on 45 locomotives, 15 steel frame passenger
ears, 5 steel combination passenger and baggage
ears, 6 steel underframe postal cars and 100
steel hopper coal cars, costing $1,258,475, of
which $258,475 was paid in cash."
Earnings—See Series “B.” ani
Legal for Savings Banks in N. H. and R. yp
Original Market—Offered in 1911, by Potter,
Choate & Prentice, ae York, on a 4. 60% basis.
Cincinnati—Fifth-Third National Bank.
New York—Coggeshall & Hicks.
Philadelphia—Graham & Co.
&
CINCINNATI, NEWPORT COVINGTON
RAILWAY Ist Cons. 5s. Due July 1 1922.
—N.
Dated July 26, 1892. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$z2,' 750, 000. ‘
Denomination—Coupon, ~ $1, on registerable
as to principal. Registered, $1,0 06."
Trustee—Farmers’ Loan & Trust Co.,N. Y.
Guaranteed as to interest by terms of lease of
Cin., New. & Cov. Lt. & Traction Co. to Colum
bia Gas & Elec. Co: of Ohio. - :
Organization and Control—Incorporated in:
Ohio in 1892. ae of the stock is owned by the
Cin., Newport & Cov. Light & Traction Co.,
whose property is leased to the Columbia Gas.
& Hlectric Co., to 1997, at a rental equivalent:
to interest on bonds and 444% per annum on
$4,500,000 preferred stock and 6% \per annum on
$5,000,000 common stock.
Secured by mortgage on 68 miles of street
railway in Covington, Dayton and other cities
in Kentucky, opposite Cincinnati, Ohio, further
secured by deposit of stocks of consolidated
companies. Population served, about 105, 000,
exclusive of Cincinnati.
Franchise Suit—In Oct., 1914, the company
was granted a preliminary injunction against the
city of Covington, restraining the city from ask-
ing for bids for the franchise of the company,
which the city claimed had expired. The com-
pany claims that all its franchises in Covington,
except that for the Rosedale Line, are perpetual,
as the franchise granted in 1869, under which
the company operates granted “all the authority
and right” which the city had “the capacity to
grant.”
Net Lue G. & E.
Co), 12/31/13............00. $3,394,900
Rentals ccc iecce aosesi ein a duane a 36 2'506,458
Interest . . "669,320:
Underlies $600,000 2nd 5s, 1926.
Prior Liens—$250,000 bonds of subsidiary
companies.
Listed on the Cincinnati Stock Exchange.
Market.
Cincinnati—W. E. Hutton & Co., Fifth-Third
National Bank, Murray & Co., Rudolph, Kley-
bolte & Co.
New York—W. E. Hutton & Co., John D.
Curtis & Co.
186
CINCINNATI, NEWPORT &
RAILWAY 2nd 5s. Due July 1, 1922,—
Dated July 1, 1896. Interest. payable Tn
a July 1, at National Bank of Commerce,
‘Authorized—$1, 000,000.
Outstanding—$600, 000.
Denomination—Cou; on, $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York.
Guaranteed as to interest b
New. & Cov. Lt. & Traction
Gas & Elec. Co.
Control—See 1st 5s above.
Secured by a mortgage junior in lien to that
of the 1st 5s on the property described under
that issue above.
Prior Liens—$3,000,000 1st 6s and bonds of
absorbed companies.
Listed on the eee Stock Exchange.
Cincinnati—W. E. totean & Co., Fifth-Third
National Bank.
CINCINNATI NORTHERN EPL ey co.
1st 4s. F vans duly 1, 1951.—
See Map
Dated Sept, 23, 1901. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized—$3,1
Outstanding $1, i ab ($581, ,000 owned ‘by
the C., C., t.
Deconfinilen = Capon, $1000,
as to principal only, or fully registerable.
tered, $1,000.
Trustee—Guaranty Trust Co., New York,
Control—A majority of the stock is owned by
the Cleveland, Cincinnati, Chicago & St. Louis
Ry. Co., which is controlled through stock owner-
ship by the Lake Shore & Michigan Southern
Ry. Co., which. is in turn controlled through
stock ownership by the New York Central &
Hudson River R. R. Co.
Secured by a first mortgage on (5) 206 miles of
road from Franklin Jet., Ohio, to Jackson, Mich.
These bonds are outstanding at the rate of $5,-
500 per mile. The company has trackage rights
over the.C., C., C. &St. L. Ry. Co. from Franklin
Jct. to Cincinnati, 38 miles and the line operated
forms a short line between Cincinnati and points
in Michigan.
Net ae after taxes 12/31/13
COVINGTON
lease of Cin.,
0. to Columbia
Registerable
Regis-
$35,197
121,052
Fixed charges..............-.05
Legal for Me. and Mo.
Market.
Boston—F. W. Mason & Co. :
New York—Foster & Adams, Samuel Gold-
schmidt. .
CINCINNATI, RICHMOND & FT. WAYNE
RAILROAD CO. lst 7s. Due June 1, 1921.
—N.
See Map 95. Sa
Dated June 1, 1871. Interest payable June
and, Pees 1, at Winslow, Lanier & Co., New
ork. ;
Authorized and Outstanding—$1, 800,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
_Trustee—Charles Lanier, New York. .
Guaranteed as to interest jointly by the
Pennsylvania Co. and the P. C. C. tt. L.
Ry. Co.
Control—A majority of stock is owned by the
Pennsylvania Co., a subsidiary of the Pennayl-
vania R. R. Co. The road is leased to the Grand
Rapids & Indiana Ry. Co., another subsidiary
of the Pennsylvania Co.
Secured by a first mortgage on (2) 86 miles of
road from Richmond to Adams, Ind. These
bonds are outstanding at the rate.of $21,000 per
mile. The company has also five miles of
trackage rights from Adams to Fort Wayne,
187
where its road connects with that. o of the G. R.
& y. Co., forming a through line from.
Southere Indiana through Grand Rapids to the
northern end of the Lower Peninsula of Michi-
gan.
Net Earnings, 12/31/14..... Borseubye oe aat
AMEGR OSE i 55) oos ec seciecdnsne s saveelach Waal cee 189,231
Market.
New York—Wolff & Stanley, McGeorge &
Vanderhoef, Coffin & Co., Berdell Bros., Wood,
Struthers & Co.
Philadelphia—Chas, C. Harrison, Jr., & es
Henry & West.
CINCINNATI, SANDUSKY & CLEVELAND
Paton CO. Cons. Ist 5s. Due Jan.
See Map 40.
Dated January 1, 1888. Interest payable
oe and July 1, at a. P, Morgan & Co., New
ork.
Authorized—$3,000,000.
Outstanding—$2,571, 000.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston.
Guaranteed as to interest, by the Cleveland,
Cincinnati, Chicago & St. Louis Ry. Co. under
terms of lease.
Control Erpevically all of the stock is owned
by the C., C., C, & St. L. Ry. Co., which leases the
property nee 1969, with renewal privilege,
paying as rental all “interest, 6% per annum on
preferred stock and on each $50 share of the
common stock of this company. 40% of any
dividend which the C. C. St. L. may declare
on its own common stock.
Secured by a first mortgage on (6) 170 miles.of
road from Sandusky to Dayton, Ohio, and branch
to Findlay, Ohio.,, From Springfield to Dayton,
Ohio, this line forms yart, of the mainline of.the
C., C., C. & St. L. Ry. ‘New York Central System).
into Cincinnati from the east. These bonds are
outstanding at the ae ‘of $15,100 per mile.
Legal for Me: and
Listed on. the: New Fork and Boston Stock
Exchanges.
New York—Wolit 4 £ Stanley: J. A. Clark &
Co., Blodget & Co., Spencer Trask & Co., Wm.
A. C. Ewen,
"Baltimore—Baker, Watts & Co.
CINCINNATI TRACTION CO. Equip. 5s,
Series ‘‘B.” Due $18,000 semi-annually
Jan. 1 and gue 1, to July 1, 1920.
Dated July 1 i9io. Interest payable Jan.
and July 1, at Trustee’ : office.
Authorized—$360,00
Outstanding—$1i98, na
Retired—$162,000.
Denomination —Coupon, $1,000,
Trustee—Fidelity Trust Co., Philadelphia.
gorganteation and Control—See Series “A”
above.
Secured by an equipment trust agreement on
50 pay-as-you-enter and 50 open cars.
i Market.
Cincinnati—Fifth-Third National Bank.
CINCINNATI TRACTION CO, Equip. 5s,
Series ‘“‘C.” Due $11,000 gore) anmually
on Jan. 1 and July 1, to July 1,
Dated June 15, 1911. Interest 2 avable Jan.
and July 1, at Trustee’s office, Philadelphia.
Authorized—$220,000.
Ontatanding. (9155, ; 0.
Redeemed—$77,0:
Retiain et ek $1,000.
as to principal.
Trustee—The Fidelity Trust fo. Philadelphia.
Control—See Series ‘‘A” abov.
Secured by equipment . trun, ” agreement on
double-truck motor cars costing $300,000, of
which $80,000 was paid in cash.
Registerable
Original Market—Offered, 1911, by the Fifth-
ek aronal Bank, ‘Cincinnati, at 10034 atid
interest.
Mark
- Gincinnatt—Fitth-thire National Bank.
CINCINNATI TRACTION Co. Equipment 5s,
Series “D.” Due, $17,000 semi-annually
April 1 and Oct. 1, to, Oct. 1, 1922.
Dated Oct. 1, 1902. Interest payable April
1 and Oct. 1, at ag 8 office.
‘Authorized “$340,
.-Outotanding: 3235, 000.
Retired—$85,000.
Denomination—Coupon, $1,000. .Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Control—See Series “A” above.
Secured by equipment trust agreement. on 76
double-truck closed motar cars, costing $456,000,
of which $116,000 was paid in cash.
Original Market—$340,000 offered Oct., 1912,
by the Fifth-Third National Bank, Cincin-
nati, at par and interget
Cincinnati —Fifth- Third ‘National Bank.
CITIES SERVICE CO. 5. 5-y1 -yr. . Cony. 7% Notes.
Due May 15, 1918.—F.,.
Dated ae 15, 1913. Interest payable Jan.
and July 1, at H. L. Doherty & Co, 60 Wall
St., New York, or oes & Co., London.
‘Authorized—$10 ,000,
_ Ontstanding—$7, 000, 000:
Denomination—Coupon, ’ $100,
$1,000.
Trustee—Equitable Trust Co.
Redeemable at‘102 at any time on 30 days’
notice.
Convertible at par at any time prior to matur-
ity or redemption into the 6% cumulative pre-
ferred stock of the company.
“$500 and
Organization—Incorporated_in_ Delaware in’
1910 as a holding company. In Dec., 1913, the
company acquired the assets of the Consolidated
Cities Light; Power & Traction Co. and Utilities
Improvement Co. Through stock ownership
this company controls and operates gas, electric-
ity and traction companies in over 20 “cities,
and towns, and ‘serving a population estimated
at about 2,000,000. As of December 31, 1914, the
controlled. companies ‘had a net amount of bonds
outstanding in the hands of the public of
$60,426,721 and $13,798,200 owned by the Cities
Service Co.
Security—A direct obligation of the company
but not ‘secured ‘by 'a mortgage. The company
has no bonded indebtedness, and under the terms
of this indenture cannot ‘create any obligation
prior in lien while this’‘issue is outstanding,
except to provide for oe retirement.
Net Earnings, 12/31/14 $3,817,545
Interest on notes,............ 42 0; 000
Original Market—$5, 000,000 offered by H. L.
Doherty & Co. i in 1913 at par and interest.
arkae ca
New York—H. L. Hoherty’ & Co., Edmund
Seymour & Co., Miller & Co., Howe, Norris
= Co., Lamarche & Coady, Gwynne Bros., Ernest
mith.
Boston—Sollers, Phillips & Co., C. F. Coombs
& Co., F. B. Bassett & Co., L. Sherman Adams.
Philadelphia—Chandler Bros. & Co.
Providence—Stranahan & Co. ~—
Cleveland—Roland T. Meacham.’
Colorado Springs—Newbold, Taylor & Gaust.
New Haven—The W. T. Fields Co.
Detroit—W. A. ‘Hamlin & Co.
CITIZENS GAS & ELECTRIC COMPANY
- (LORAIN, a) 1st 5s. Due Dec. 1, 1921.
Dated Dec. 1, 1901. Interest payable June
and Dec. 1, at Trustee's office and National Bank
of Commerce, New York.
188
_ Authorized—$600,000.
* Outstanding —$523, 000.
Held in Treasury—“$46,000.. ;
Denomination—Coupon, $1, 000.
‘Trustee—Cleveland Trust Co., sg " Cleveland, oO.
Organization and Control—Incorporated in
Ohio in 1901. All of the stock’ is owned by the
Union Natural Gas Co.
Secured by first mortgage on slawta: supplying
natural gas and electricity to Lorain, Ohio, and
second mortgage on plants supplying gas and
electricity in ‘Elyria, Ohio. Population served,
about: 45,000.
Prior Liens—$46, 000 ae G. & E. Co. bonds.
Net Earnings, 12/31/ 6
Interest
A hee4
$auha 8 ¥ agrees nee pg ere ee
New York—W. E. Hutton & Co.
Boston—Hotchkin & Co
CITIZENS GAS & ELECTRIC COR: (PEKIN,
ILL.) 1st 5s. Due Feb. 15, 1922
Dated Feb. 15, 1902. Interest payable Feb.
and Aug. 15, at Trastec’ 's office.
Authorized—$200,
euendine 170. 000
Retired by Sinking Fund—$30, 000.
Denomination—Coupon, $1,000.
Trustee—Merchants’ Loan & Trust Co.,,
Chicago. ar
Redeemable at 105 and interest. ‘
Sinking Fund—$5,000 bonds to’ ee retired
ae, to Jan. 10, 1916, at 105 and interest,
and $7, 000° annually thereafter. sa
Control—A bsorbed by the Central Ilinois
Light Co., which is controlled throigh stock
ownership by the Commonwealth Power Ry. &
Light Co.
Secured by first mortgage on plant Saponane
electricity ‘and mortgage on plants supplying
steam heat and gas in Pekin, Ill. ‘Population
served, 10,000. Gas franchise is perpetual, elec-
tric franchise expires in 1925.
Underlies—$3,265,000 Central Illinois Light
‘
Co. Ist & Ref. 5s.
‘Net yearnings Cent. I. Lt.,
12/31/14 $766,112
" Interest... 296,750
: ‘This’ Issue. 133,500
Chieago—Hulburd, Warren '&:* Chandler, Ho-
denpyl, Hardy & Co., McCoy & Co.
N York—E. & C. Randolph, Hodenpyl,
Hardy & Co. ————_———
CITIZENS GAS & ELECTRIC CO. (WATER-
LOO AND CEDAR FALLS, IOWA) Ist 5s.
Due Jan. 1, 1926.—
Dated January 1, '1906.' Interest ‘payable
quarterly, Jan., April, July and Oct. 1, at ‘frus-
tee’s office, Chicago, or at First National Bank,
New York.
Authorized—$1, 200,000.
Outstanding—$1, 113, 500. |
Retired by Sinking Fund—$75,000.
Held in Treasury—$11,
ReMAHen nua $500.
as to principal.
Teastes enteral Trust Co. of Illinois, Chi-
cago,
Becremente at 105 and interest on any interest
Registerable
dat
Sinking Fund—1% annually of outstanding
bonds to redeem bonds at 105 and interest.
Organization and Control—Incorporated in
Delaware in 1902. All of the stock is owned by
the American Gas Co.
Secured by a first mortgage on plants supply-
ing gas and electricity to Waterloo and Cedar
Falls, Ia. Population served, 35,000. Gas and
electric franchises expire in Waterloo in 1926, in
Cedar Falls in 1930.
Underlies—$1,381,000 Cons. 6s of 1931. Bonds
ave reserved under that mortgage to retire this
issue.
sesqees $191,805
Net eens TEIN Bs
Interest
This. Wasae a variates ee 57,
Original Market—Offered ;in.1906 by. A. L.
Crawford & Co., New York, and Chas. S.
Kidder & Co., Chicago, at:t 97% ‘and interest...
Chicago—Alfred L. Baker & me Yard, Otis &
Taylor, Chas. S. Kidder & Co., H. T. Holtz &
Co., Chicago Sav. Bank & Trust Co.
Omaha—Burns, Brinker & Co.
Philadelphia—S. K. Phillips.
Milwaukee—First Savings & Trust Co.
New York—Kirkpatrick & Lewis.
CITIZENS GAS & ELECTRIC CO. (WATER-
LOO & CEDAR FALLS, IOWA) Cons. 68.
Due Feb. 1, 1931.—F.
Dated February ‘1, 1911. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized—$4,000, 000. .
, Outstanding—$1,381,000.
- Denomination——Coupon, $600 and $1,000.
Registerable as to principal.: 7
ee Trust . Co., of Illinois,
Chieago.
‘Redeemable at 101 and interest on any interest
*Control—See 1st 5s above.
Secured by a second mortgage on property
described under 1st 5s above.
Net Earnings, 12/31/14. #181, 10S
i -
Original Market—$700,000 offered in tL by
Charles S. Kidder & Co., Chicago, and Douglas
Fenwick & Co., New York, at par and interest.
, Market.
Cileago- Altzed L. Baker & Co., Chas..S.
Kidder & Co,, Hornblower & Weeks...
Philadelphia—Mellor & Petry, Oscar R. Dare.
New York—W. P. Bonbright & Co.
CITIZENS GAS & FUEL Loe (TERRE HAUTE)
_1st.5s. Due Oct. 1,
Dated -Oct. 1, 1902. on payable. Sprit
and Oct. 1, at New York Trust Co.
Authorized—-$500,000.
Outstanding—$283, 000.
Trustees—New York Trust Co., New York,
and Demas Deming.
Organization and Control—Incorporated in
Indiana in 1889, Entire capital stock owned by
the United Gas & Electric Co., which is controlled
through stock onnereip by the United Gas &
Electric Corp. of N. J.
Secured by first mortgage on plant ‘supplying
Terre Haute, Ind., with gas. Population served,
65,000. Franchise perpetual.
Underlies—$516, 500 1st & Ref. 5s, 1960.
Bonds are reserved under that mortgage to retire
this issue.
Net Earnings, 12/31/14.......... $77,121
EMb@r OS sissies oe seca hain. 5)-es decease eens WAT
This LSsue ss iiss sieges Sx the Gupwaeee-p wees 18,636
; Market. :
New York—F. J. Lisman & Co., Bertron,
Griscom & Co.
CITIZENS GAS & puee CO. (TERRE HAUTE,
INDIANS) Ist & Ref. 58. Due Jan. 1,
Dated “January 1, 1910. Interest payable
oe and July 1, at New York Trust Co., New
York.
, Authorized—$2,000,000.
Outstanding—$516,500.
ca eet $100, $500
Trustees—New York Trust Co., New York,
and Demas Deming, Terre Haute, Ind.
Redeemable as a whole only at 105 and interest
on any interest date.
Control—See 1st 5s above.
Secured by ,a second mortgage on property
cribed under 1st 5s above.
and
Prior Liens—$283,000 Ist 5s.
Net Earnings, 12/31/14
Unterestise ici vaste ew weanase we 3 Al, 471
. Original Market—Offered in 1910 at, 96 and
interest, by Bertron, Griscom & Jenks, New
York and Philadelphia, and Townsend: Whelen
-& Co., Philadelphia. .
Market.
New York—Bertron, Griscom & Co., Gude,
Winmill & Co.
St. Paul—C. 0. Kalman & Co.
CITIZENS GAS CO. OF ae py eer Ist
& Ref. S. F. 5s. Due July 1, 1942.—
Dated July 1, 1912... . Interest payable’ Jan.
and July 1, at Trustee's office.
Authorized—$10,000, boa
Oatstanding—$1,530,0
Held in Treasury —$245, 000.
Deposited as Collateral—$250, 000.
Denomination—Coupon, $500 and $1,000;
registerable as to principal.
Trustees—Bankers’ Trust: Co., New York, and
Union Trust Co., Indianapolis.
Redeemable at 108 and interest on four week’s
notice.
Sinking Fund—}4% annually of outstanding
bonds from July 1, pee to1917,and 1% annually
thereafter to purchase bonds. Bonds acquired
a = kept alive and interest added to sinking
lund.
Organization—Incorporated in_ Indiana, ; in
1906. In 1913 leased: plant of Indianapolis Gas
‘Co, for'99 years, and does all of the gas business
in Indianapolis.
Underlies $193, 000 debentures.
Secured by a first mortgage on plant supplying
about one-third of the gas consumed in Indian-
apolis. Property includes about 100 coke ovens.
.Franchise expires in 1930. Gas is supplied by
‘both companies at 55 cents per 1,000 feet, as
fixed by the Public Service Commission.
‘Net Earnings, Ta/Sh AB vce weeeee es $1,870, 716
>, Rentals..... somes 3 ah ,190
“Intereste: was 6.arcnes 2 cases oe v0 90,798 .
Original Market—$400,000 offered July, 1912,
at 101 and interest by Payne, Bush & Co., Otto
F. Haueisen & Co., O. M. Ragsdale & Co., New-
ton, Todd and the Union Trust Co., all of Indian-
apolis. Market.
New York Dents & Co.
Indianapolis—J. F. Wild & Co., Breed, Elliott
& Harrison, Otto F. ‘Haneisen & Co.
CITIZENS GAS.CO.:OF KANKAKEE Ist 5s.
Due Feb. I, 1932.—
Dated Feb. 1, 1902. Interest payable Feb.
and Aug. 1, at Trustee 's ‘office.
Authorized—$250, 000.
Outstanding—$147, 500 ($89,500 deposited
under ist & Ref. Mtge. of Pub. Serv. Co. of
_Nor., Ill.
Denomination—Cou on, $500 and $1,000.
puntos Hanmer oan & Trust Co., New
Redeemable at 105 and interest.
‘Assumed by Public Service Co. of Northern
Illinois.
Control—Merged into Public Service Co. of
Nersoeea ines, ‘ i ‘
. Secured by first_ mortgage on plant supplying
gas to Kankakee, Ill., and vicinity. eine
served, 26,000.:
Underlies—$9,728, 000 Pub. Serv. Co. of N.
Net: Earnings, Pub. Ser. Co.
Nor. Ill., 12/31/14......... $3,000,214
Interest ici se esaie eschew eaeas 1,461,461
This issue’, viacissscsye cms sou este 975,062.
Mal
Chicago—Russell, Breweter & Ce. a Alfred L.
Baker & Co., Everz & Co., Union [rust Co.,
N. W. Halsey & Co., Hulburd, Warren & Chand-
ler, John Burnham é& Co.
189
Milwaukee—Edgar, Ricker & Co., First Sav-
ings Bk. & Trust Co.
New York—Hunter Wykes.
CITIZENS GAS, ‘ELECTRIC é & HEATING CO.
eeee: VERNON, ILL.) Ist 58. Due July 1,
Dated July 1, 1902. Interest ayaile Jan. and
July 1, at Trustee’s office.
Authorized—$200, ,000. -
Outstanding—$177, 000.
Denomination—Coupon, $500.
, Trustee—State Bank of Chicago.
"Redeemable on any interest date at 105 and
interest.
Sinking Fund—A certain number of bonds
to be retired annually.
Controlled through
the Cities’ Service Co. -
Operated by the Doherty Organization.
Secured by first: mortgage on plants supplying
Mt. Vernon, Iil., with gas, electricity, heat and
water. Population served, 8,500. Gas, electric
and heating franchises expire in 1927, water
franchises in 1942.
stock ownership by
Net Earnings, 12/31/13 $32;369
Interest on bonds..... 11,549
Other interest... 18,084
New York—Henry L: Doherty. & Co.
Chicago—Hulburd, Warren & Chandler.
CITIZENS GAS LIGHT ( CO. (BROOKLYN)
Cons. 5s Due Feb. 1, 1940—N.
Dated Feb. 1, 1890. Interest payable Feb. and
Aug. 1, at Trustee’s office,
Authorized and’ Hutetgading: “264i 000.
“ Denomination—Coupon, $1,0
Trustee—Peoples’ Trust Co., Sr rnsligt:
Assumed by Brooklyn Union Gas Co.
Control—Consolidated into the Brooklyn
Union Gas' Co. in 1895,
Secured by a first. mortgage on plant supplying
gas to a part of Brooklyn, N.
Underlies—$14,698,000 Brooklyn Union Gas
Co. Cons. 5s;
Net Earnings, 12/31/13
“Interest ang: rentals oases
This issue.
Market. :
New York—Kirkpatriek & Lewis.
CrZeNe GAS LIGHT CO. (JACKSON,
.) Ist 5s. Due March 1, 1926.—:
ated March 1, 1906. Interest payable
March 1 and Sept. 1, at’ Merchants’ Loan & Trust
Co., Chicago
‘Kuthorized $500; 000."
Outstanding—$291,5 500.
Retired by Sinking Fund—$3,000
‘ ‘Denomination—Coupon, $500.
‘\as-to principal. :
Trustee—Merchants’ Loan & Trust Co.,
Chicago. :
oe at 103 and interest after March 1,
Sinking Fund—Beginning March 1, 1912,
$3, 000° ‘annually for five years; $5,000" for suc-
ceeding five years, and $7,000 for the next five
Registerable
years.
Secured by a first mortgage on plant supply-
ing gas to Jackson, Tenn. Population served,
Original Market—Offered in 1906 at par and
interest by Howard, Simmons & Co., Chicago.
CITIZENS LIGHT & POWER CO. (ADRIAN,
MICH.) Ist 6s. Due Aug. 1, 1928.—F.
Dated: Aug. 1, 1903. Interest ee Feb.
and Aug. 1, at Trustee’s office and National Bank
of Commerce, New York.
Authorized—$100,000.
Outstanding—$75,000.
Denomination—Coupon, $500.
-Bender &
190
Trastee—Cleveland Trust Co., Cleveland, oO.
Redeemable at 110 and interest.’ '
Sinking Fund—2% per annum of bonds
outstanding.
Organization —Indorporiited” ‘in Michigan in
3.
Secured by a first. mortgage on plant supplying
electricity in Adrian, Mich. Franchise expires
in 1933. Population served, about 11,000.
Underlies $113, 500 1st Consol. 5s.
Earnings—Dividends of 6% on $25,000 pre-
ferred stock and 8% on: $75,000 common stock
are being paid annually. :
Market.
Detroit—H. W. Noble & Co..:
New York—R. B. ae’ & Co, Kirk-
patrick & Lewis.
on OH LIGHT, HEAT % POWER CO.
HNSTOWN, PA.) Ist 5s. Due Nov. 1,
1934.— 5
Tax exempt 2 Pennsylvania. Te
Dated Nov. 1, 1909. Interest payable May
and Nov. 1, at Harris, Forbes & Cot, New York.
Authorized—$3,00 0,000
Outstanding—$1,500,000.
Denomination—Coupon, $1,000.
as to-principal.
Trustee—United States Mortgage & Trust Co.,
New York.
Redeemable on and after Nov. 1, 1914, at 105
and interest.
Sinking Fund—t% of gross earnings annually
from 1912 to 1916; 2% 1917 to 1921, and 3%
each year thereafter during life. of bonds.
Organization—Incorporated in Pennsylvania
in 1909.
Management—H. D. Waldridge & Co, 2. New
York.
Secured by a first mortgage on’ ‘plants supplying
artificial gas, electricity and heat- and on all of
the stock of company supplying natural gas in
Johnstown, Pa., and vicinity. Population served,
75,000.' Franchises perpetual. “- - ~
Net Earnings, 12/31/14 $169,016
Original Market—$1,500,000 offered Dec.,
1909, at par and’ interest} ‘by: Harris, Forbes &
Co., New York, N. W. Harris & Co., Boston, and
Harris Trust & Savings ‘Bank, Chicago.
“Market.
New York—Harris, Forbes’ & Co., “Newborg &
Co., Rauscher & Childress, Perry, Coffin & Burr.
Philadelphia—Francis Ralston Welsh, Welsh
Bros., Montgomery, Clothier, & Tyler 38. K.
Phillips, an & Turner, Robt. D. Ghriskey
& Co. Barney & Co., Oscar R. Dare,
Barclay; Mivor & Co., Graham & Co., Chas. J.
0
pone _W. Harris & Co., F. B. Bassett &
Registerable
p fittsbugh—Safe Deposit & Trust Co., ‘Speer
TOS.
Chicago—Harris Trust & Savings Bank.
Providence—Brown, Lisle & Marshall.
CITIZENS LIGHT, HEAT & POWER CO.
ieee KANSAS) Ist 5s. Due July
Dated July 1,1905. Interest payable Jan. and
July 1, at Trustee’s office and National City Bank,
New York.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $100 and $500.
Trustee—Fidelity Trust Co., Kansas City.
Secured by first mortgage on plant supplying
gas in Lawrence, Kansas. ‘The company owns
an artificial gas plant but at present eae a
natural gas from the Kansas Natural Gas Co.,
which it distributes.’ Population served, 13,000.
Franchise expires Feb. 15, 1925.
Net Earnings, 12/31/13 $24,065
15, 000
Interest
Kansas Gity—Ortiwenn® ‘Matchett Co.
o
CITIZENS STREET RAILWAY CO.,1st 5s.
Due May 1, 1933.
Dated May 3, 1899. Interest payable May
and Nov. 1, at Fourth Street- National Bank,
Philadelphia.
Authorized and Outstanding $4, 000,000.
Denomination—Coupon, $1,000. .
Trustee—Central Trust Co., New York.
Assumed by the Indianapolis Street Ry. Co.
Control—Consolidated into Indianapolis St.
Ry. Co. which is leased for 31 years from 1902 to
the Indianapolis Tract. & Term’! Co., a subsidiary
of the Terre Haute, Indianapolis & Hast. Tract.
Co. Lease provides for dividends on Ind. St.
Ry. stock at a graduated annual rate, the maxi-
mum of 6% now being paid.
Secured by first mortgage on street railway
in Indianapolis, Ind., including many important
lines. Franchise expires in 1988. The city has
right to purchase property up to one year before
franchise expires.
Underlies—$6,000,000 Ind. St. Ry. Gen. 4s.
Net ease Ind. T. & T. Co.,
D2 BULB oo oie wreaia gece ace recavsintien a $1,442,144
Interest... 0... cece e ee ene 1,371,200
Listed on the indianapolis Stock ‘Exchange.
ae
Philadelphia—Ervin & Co., E. B. Smith &
Co., Mellor & Petry, Elkins, Morris & Co.
Frazier & Co., Geo. S. Fox & Sons, S. K. Phillips,
Oscar: R. Dare.
Indianapolis—J. F. Wild & Co., Fletcher
Amer. National Bank, Breed, Elliott & Harrison,
Otto F. Haneisen & Go.
New York—Dewing & Co., Miller & Co.
CITIZENS STREET RAILWAY. CO. (MEM-
PHIS, TENN.) Ist 6s. Due Jan. 1, 1916.
Dated Jan. 1, 1887. Interest payable Jan. and
July 1, at American Exchange National Bank,
New York, or at the Mercantile Bank, Memphis.
Authorized—$1, soe ye
Outstanding—$90
eee under Nienphis St. Ry. Consol. 5s.
Denomination—Coupon, $1,000.
as to principal.
Trustees—S. P. Read and M. S.,Buckingham.
Assumed by the Memphis Street Ry. Co.
Control—Absorbed by the Memphis. Street
Ry. Co., .which is controled by the American
Cities Co., through ownership of a large majority
of its common and preferred stock.
Secured by a first mortgage on 40 miles of
street railway, comprising the. principal lines in
‘Memphis, -Tenn. The total: street railway
mileage in the city is about. 125 miles. Popula-
tion served, 125,000. Franchises expire in 1945.
Underlies—$9, 453,000 Memphis Street. Ry.
Co. Cons. 5s of 1945 and notes. ‘Bonds are
reserved under that mar vgage.t to retire this issue.
Registerable
Net Earnings, 12/31 /14.. $759,348
Interest, etc............ i 539,283
Mhis: ssw sisi 0 4 on 5 meee ened 60,08:
Market.
New York—Bertron, Griscom & Co.
CITIZENS TRACTION CO. (PITTSBURGH)
1st 58. Due Oct. 1, 1927.—.
Tax exempt in Pennsylvania.
Dated Oct. 1, 1887. Interest payable April 1
and Oct. 1, at. Union National Bank, Pittsburgh.
Authorized and Outstanding—$1,250,000.
Denomination—Coupon, $500 and $1,000.
Registerable. as to principal.
a aeateermenceley, Title & ‘Trust Co., Pitts-
urgh.
Control—Leased to the Consolidated Traction
Co. for 950 years from 1896, ata rental equivalent
to interest and taxes and 6% on $3,000,000 stock.
The Consolidated Traction Co. is controlled
through stock ownership by the Philadelphia Co,
Secured by a first lien on the entire capital
stocks of the Transverse Passenger Ry. Co.,
St..on Wood
Ave. to 23rd St., and also on 16th a from Liberty
ey One and Citizens Passenger Ry. Co.,
$200,00 The. Transverse Passenger Ry. Co.
owns street railway lines extending from Water
St..to. Liberty Ave.,.and on Liberty
Ave. over the Allegheny River to Spring Garden
St., and on Spring Garden St. to the City Line.
This road is leased to the Allegheny, Traction Co.,
which is leased to the Fort Pitt Traction Co.,
the lease having been assumed by the Consoli-
dated Traction Co.
The Citizens Passenger Ry. owns street rail-
way lines extending on Penn Ave, from Sandusky
St. to Frankstown Rd. and on’ Frankstown
Road to Washington Boulevard, and on Butler
St. from 34th St. to the Sharpsburg Bridge.
All of the above mileage is free from bonded
debt, but there is no clause in the mortgage
securing these bonds, which prevents the com-
panies whose stocks ‘are deposited from mort-
gaging their properties.
addition to the above companies the Citizens
Traction Co. also controls, through ownership
of their entire capital stock issues, the Penn St.
Ry. Co., owning a street railway from Franks-
town Ave. and Washington Boulevard to Wilkins-
burg, and the Aspinwall St. Ry. Co., owning a
line from the Sharpsburg Bridge through Sharps-
burg and Aspinwall.
Listed on the Pittsburgh Stock Exchange.
Market.
Pittsburgh—H. P. Taylor & Co., Moore,
Leonard & Lewis, ‘Duaner: Child & Woods,
Speer Bros. & Co.
Philadelphia—Robt. Glendinning & Co., Oscar
R. Dare & Co.
Buffalo—H. P, Taylor & Co.
” New York—H. P. Taylor & Co.
THE CITIZENS TRACTION CO. (VENANGO
O., PA.) Ist 58. Due April 1, 1942—F,
Tax exempt in Pennsylvania.
_Dated April 1, 1912. Interest Pale April
and et. 1, at Trustee’s office, Philadelphia.
Authorized—$2,500,000.
Outstanding—$1, 292, 000:
Denomination—Coupon, $1,000.
as to principal. |
| Trustee—. ee Gran compen for Insur-
ances on. Lives Granting Annuities, Phila-
delphia.
Redeemable as a whole at 105 and interest, on
April 1, 1917, or any interest date thereafter, or
for sinking fund after April 1, 1918, upon 60
days’ notice.
Sinking Fund—Beginning July ‘1, 1918, and
annually thereafter, 1% of outstanding bonds
to be applied to the purchase of these bonds at
not, over 105 and interest, Bonds so acquired
to be-cancelled.
Secured by a first mortgage on 29 miles of road,
35 miles of track, including all of the street rail-
ways in Oil City and Franklin, Pa., and inter-
urban line between those cities, 8 miles. Also
secured by a first lien on the entire capital stock
of. the Citizens Light & Power ‘Co., owning the
plente supplying electricity in’ Franklin and Oil
City, free tr rom mortgage debt, and also stocks of
other subsidiary companies. Population served,
28,0
Net P Wearniuts; 12/31/14 $18, 198
Original Market—$1,000,000 offered “April,
Registerable
Interests: cas a2 cea ages ew a
‘1912, at 99 and interest by "Brown Bros. & Co.
and Robert Glendmining i Co., Philadelphia.
arket. ;
Fiiladslohis Robt, Glendinning & Co.,
Brown Bros. & Co., W. H. Newbold’s Son & Co.,
Oscar R. Dare & Co.
CITIZENS WATER SUPPLY CO. OF NEW-
OWN 2nd 4s. Due Jan. 1, 1921.—F.
Dates Jan. 1, 1901. Interest, payable Jan.
and July 1, at Trustee’s office,
E191
Authorized—$1,000,000.
Denomination—Coupon, $1,000. a
Trustee—Equitable Trust Co., New York.
Secured by a second mortgage on plant supply-
ing pone Island City,'N. Y., and vicinity with
water. ‘opulation ont about 100,000.
Prior Liens—$150,000 Tat 5s.
Earnings—Dividends ° ‘of 6% per annum are
being paid on $2,850,000 stock.
Market.
New York—L. F.' Hepburn.
CITY & ELM GROVE RAILROAD CO.
(WHEELING, W. VA.) Cons. Coll. Tr. 5s.
Due July 1, 1936.—F.
Dated July 1, 1906. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$2, 500,000.
Outstanding—$1, 119, 000.
Denomination—Coupon, $1,0
Trustee—Union Trust Co., Pittsburgh, Pa.
Redeemable on any interest date at 105 and
interest.
eae _by West Virginia Traction: & Electric
‘Control—Absorbed by West. Virginia Traction
& Elec. Co., which is controlled through stock
ownership by’ the Eastern Power & Light Corp.
Secured by a first mortgage on 30 miles of
street railway in Wheeling, W. Va., and a second
mortgage on 10 miles of interurban lines. Popu-
Bee perved, about 45,000. Franchises expire
in
ey Prior Liens—$794,000 Wueeling & Elm Grove
Underlies—s1, 250,000 W. Va. Tract. & Elec.
Co. notes which are secured by $1,565,000 1st
& Ref. bonds.
, Net Earnings, W. Va. T. & E. Co
ee es ere re eee $364,687 ©
Trntereste sic: is cauocoh seseuaraen tise. 244,390
Market,
‘New York—J. K. Rice, Jr., & Co., F. H.
Hatch & Co. :
‘Wheeling —Geo. W. Baron.
CITY & SUBURBAN RAILWAY CO. (BALTI-
MORE) Ist 5s. Due June 1, 192
Dated June 20, 1892. Interest payable June
and Dec. 1, at ‘Alex. Brown & Sons, Baltimore.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Safe Deposit & Trust Co., Baltimore.
Assumed by the United Rys. and Electric Co.,
Baltimore.
Control—Absorbed by the United Rys. &
Electric Co.
Secured by a first mortgage on 44 miles of
street railway track in and around Baltimore,
Underlies—$46, 000,000 United Rys. & Elec.
Co. Ine. 4s of 1949, Income Fd’g 4s and 1st Cons.
4s of 1949. Bonds are reserved under the latter
mortgage to retire the bonds of this issue. ?
\
Net Earnings, 12/31/14 $4,850,620
_ Interest and taxes 2,964,826
‘This issue......... cece eed 1,710,826
Legal for Balt.
Listed on_ the New York, Baltimore, Cin-
cinnati and Washington Stock Exchanges.
“Original Market—$1,500,000 offered in June,
1892, at 105 and interest by’ Alex. Brown & Sons,
Baltimore.
Baltimore—Baker, ¥ Watts & Co., Alex. Brown
'& Sons, Poe & Davies, Jenkins, Whedbee & Poe,
age & Co., Townsend Scott & Son, Riggs
cLane.
CITY & SUBURBAN RAILWAY (PORTLAND,
ORE.) eons 4s. Due June 1, 1930.—F.
Dated June 1, 1900. Interest payable June
and Dec. 1, at Trustee’s office.
192
ea
Authorized—$3,000,000.
Outstanding—$1, 290, 000 (Mortgage closed).
Denomination—Coupon, $1,000. Kedeemable
as to principal only. -
Trustee—Security Savings & Trust Co.,
Portland) Ore. -
Redeemable on and after June 1, 1915, at
par and interest.
Assumed by Portland Ry., Lt. & Power Co.
Control—Absorbed by Portland Ry. Co., now
.a.part of the Portland Ry., Lt. & Power Co.”
Secured by mortgage on 69 miles. of street
railway in the center of Portland, Ore.
Prior Liens—$87,000 6s.
Underlies—$30,587,000 ‘bonds and notes of
Portland Ry., Lt. & Power Co. and Predecessor
companies.
Net Earnings, ne Ry. Lt. & Pr.
Co. 12/31/13........-.. 0008 $3,009,288
Enterest jocisd cdo auies Sis aeacsred 2,172,678
PVISHIASU Cis iis wines ieiee ss nkeas diacecs 471,938
Legal for Balt.
Market.
Baltimore—Riggs & McLane, Jenkins, Whed-
bee & Poe, Alex. Brown & Sons, Townsend Scott
Son, J. S.:: Wilson, Jr. & Co., Mackubin,
Goodrich & Co.
Philadelphia—E. W. Clark & Co.
Portland—Hall & Lewis.
CITY & SUBURBAN RAILWAY (WASHING-
TON, D. C.) 1st 5s. Due Aug. 1,,1948.—F.
Dated Aug. 1, 1898. Interest payable Bebe
and Aug. 1, at Lrustee’ 8 Office. .
Authorized and Outstanding—$1,750, 000.
Denomination—Coupon, $1,000. Registerable
as to principal. BEY bh
Trustee—Baltimore Trust Co., Baltimore.
Sinking Fund—$25,000 per annum from sur-
pins st 6% on the ‘stock. -Bonds cannot he
called.
Organization and Control—Incorporated in the
District of Columbia in 1888. Practically all of
a stock is owned by the Washington Ry. & El.
O.
Secured by a first mortgage.on 25 miles of
street railway from Washington to the suburbs
in that vicinity. Total length of track 41 miles.
Franchises are perpetual.
Net Earnings, Wash. Ry. & El.
Co. 12/31/1 4. Cine saya Ete e
Interests eyo 2) nated oo oes 3 4 tates 6
i "Market.
Washington—Crane, Parris & Co.
Baltimore—Poe & Davies, Sutton & Co., Robt.
Garret & Sons, Townsend Scott & Son, Baker,
Watts & Co., Hambleton & Go., Strother,
Brogden & Co., Jenkins, Whedbee & Poe.
CITY ELECTRIC COMPANY (SAN FRAN-
CISCO) Ist 5s. Due July 1, 1937.—F.
Dated July 1, 1907. Interest payable Jan
and July 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$1,979,0 00.
Retired by S. F.—$62,000.
Held in Treasury—$533,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., of California,
San Francisco.
Redeemable at 102 and interest. ;
Sinking Fond “tele 1% of outstanding
bonds per annum, 1918-22 peas 1923-32, 2%
and 1933 to maturity, 2
Control—All of the atocis “is owned by the
Great Western Power Co., which is controlled
by the Western Power Co. of N. J.
Secured by first mortgage on steam electric
pleat at North Beach, supplying etetrtelty, to
an Francisco in competition with the San
Francisco Gas: & Elec. 30.
$2,494,863
1,453,390
Franchises are per-
petual.
Net Earnings, eas poten aeeeeseany $286,532
Thterest ciccsics cane cwa een trea te 100,214
Market.
Boston—E. H. Rollins . Sons.
San Francisco—Sutro' & Co., Byrne & Mc-
Donnell. ,
‘New York—Byrne & McDonnell, John D.
Curtis & Co. ve
CITY GAS CO. (NORFOLK, VA.) Ist 6s.
Due June 1, 1926.—N.
Dated June 1, 1896. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$500
Denomination—Coupon, $1,000.
as to principal.
~ Trustee—United States Mortgage & Trust
Co., New York.
Control—All of stock is owned by Norfolk Ry.
Lt. ‘Co., which is leased to Virginia Ry. &
Power Co. .
Secured by first mortgage on office building,
8 acres of land and gas plant supplying Norfolk,
Va., with gas. Population served, about 75,000.
Net Earnings, Va. Ry. & Pr. Co.
“$2,771,050
G/ BOTA ss sane ses Seapaiit 5-2
Interest, taxes and rentals..... 1,615,460
Market.
Baltimore—Howard R. Taylor & Co., J. S.
Wilson, Jr., & Co., Townsend Scott & gon
New York—A. H. Bickmore & Co., E. & C.
Randolph, L. F. Hepburn.
CITY LIGHT & TRACTION CO. (Sedalia,
Mo.) 1st 5s. Due June 1, 1952.—F.
Dated Aug. 1, 1912. Interest payable June 1
and Dec. 1, at agency of pomeany in New York.
Authorized—$2, 500,0
Outstanding—$761,6 600.
Deposited as Collateral for $25,000 note due
Oct. 1, 1915—$50,000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal only.
Trustee—New York Trust Co., New York
and Sedalia Trust Co., Sedalia, Mo.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—1% per annum of .bonds out-
standing in cash to retire bonds, or in bonds at
105 and interest, or 2% per annum to be invested
in the property.
Organization, Control and Management—In-
corporated in Missouri in 1912 as a reorganiza-
tion of the Sedalia Light & Traction Co. Prac-
tically all of the common stock is owned by the
Cities Service Co. and the property operated by
the Doherty Organization.
Secured by a first mortgage on Biguts sup ppl
ing gas and electricity in Sedalia, Mo., an
street railway system in that city, comprising
nine miles of track. Population served, 20,000.
Electric franchise expires in 1946.
Market.
New York—H. L. Doherty & Co.,
Norris & Co., John W. Christiansen.
CITY WATER CO. (CHATTANOOGA) Ist Ref.
6s. Due Jan. 1, 1931.—.
Dated January 2, 1911. Interest payable Jan.
and July 1, at ‘Trustee's office.
Authorized and Outstanding—$1, 300,000.
Denomination—Coupon, $1,000. Regiaterable
as to principal.
we ee Loan & Trust Co., New
or
Redeemable at 102 and interest prior to Jan. 1,
1916; at 101 and interest on and from Jan, 1,
1916, to Jan. 1, 1921; and at 100 and interest
thereafter.
Guaranteed principal and interest by the
American Water Works Co. by endorsement
(dissolved).
Organization and Control—Incorporated in
Tennessee in 1869, for 99 years. All of the stock
is owned by the American W. W. & Electric Co.
Secured by a first mortgage on plant supplying
000.
Registerable
Howe,
193
water to Cpateeteeet and vicinity.
Population served, 50,
Underlies—The City Water Works Co. Cons.
5s, due 1951. Bonds are reserved under that
mortgage to retire eo issue,
Tenn.,
Net Earnings, 30/13.......... $154,866
Interest. . - 138,010
Th 000
108
Original Market—Offered in i9i1 by J. S. &
W. S. Kuhn, Pittsburgh, etc., and C. E. Mitchell
& Co., New York, at 101 and interest.
Market. :
Pittsburgh—Safe Dep. & Tr. Co.
Philadelphia—Mellor & Petry, Barclay, Moore
Co.
Baltimore—Robt.: Taylor & Co.
New York—C. E. Mitchell & Co., Otto Billo.
Boston—F. W. Mason & Co.
Portland, Me.—H. M. Payson & Co.
CITY WATER COMPANY OF E. ST. LOUIS
5s and 6s. Due Jan. 1, 1914. Extended
for one year at 6%.
Dated Jan. 1, 1894. Interest payable Jan.
and July 1, at ‘prasice’ piles:
Authorized—$1, 500
Outstanding—$1, OED, ‘000 5s. ee 6s.
Denomination—Coupon, $1,0'
Trustee—Farmers’ oan & se Co., New
York.
Redeemable at par and interest.
Assumed by City Water Co. of ‘Bast: St. Louis
& Granite City.
Control—Merged with City Water Co. of
East St. Louis & Granite City, which is con-
trolled through ownership of stock by American
Water Werks and Hlectrle Co. ; ;
ecure y first mortgage on plant supplying
i; Bes St. Louis, I, with water. Population served,
‘inderties—$1, 611,000 bonds of C. W. Co. of
. St. Le G. C. onds are reserved under
that mortgage to retire this issue,
Net Earnlngs, Aiea, id-srarauana are $259,350
Interest... fe ia caravavecd-ioal wate eS 168,198
This issue... . 12... . 0.000. wie 87,684
Market.
Boston—Geo. A. Fernald & Co., H. C. Spiller
& Co., Inc., F. W. Mason & Co.
Baltimore—J. S. Wilson, Jr., & Co., Robt.
Taylor & Co.
Portland—H. M. Payson & Co.
rs ¢
CITY WATER CO. OF EAST ST. LOUIS &
GRANITE CITY, ILL., 58. Due Jan. 2,
1945.—N.
Dated Jan. 2, 1905. Interest payable Jan. 2
and July 2, at ‘Trustee's office.
Authorized—$4,000, 000.
Outstanding—$1,048,000.
Denomination—Coupon, $500 and $1,000.
7 peuetee= Se anere, oan Trust Co., New
ork. -
Redeemable at 105 and interest before Jan. 1,
1915, thereafter at par and interest.
Guaranteed as to principal ee interest by
the American Water Works & Guarantee Co.,
Pittsburgh (dissolved).
Organization and Control—Incorporated in
Illinois in 1892. All of the stock is owned by the
American W. W. & Electric Co.
Secured by a second mortgage on plants sup-
plying water to East St. Louis, Granite City,
Venice and Madison, Ill. Population served,
80,000.’ In July, 1914, the city ot East St. Louis
granted the company a new 30-year franchise.
Under the terms of this franchise the city had the
right to purchase the plant at an appraised
value, upon the expiration of each ten years from
the date of the franchise. The company made a
payment of $75,000 to the city. No rovision
was made in the franchise as to rates, this ques-
tion being left to the Public Service Commisssion
of Illinois. In October the city passed an
ordinance ' repealing this franchise, and the
matter is now in the courts,
Prior Liens—$1,343,000 City Water Bs & 68,
due 1915, and $507,000 Granite City, Madison
& Venice Water Co. 5s of 1931.
Net Earnings, 4/30/13.......... $259,350
TH CORES 5s Siaveecngssvaseiad ssw eadl-cones 168,198
Original Market—Offered by J. S. & W. S.
Kuhn, Pittsburgh, New York, etc.
Market.
New York—Otto Billo.
CITY WATER CE MPANY. OF SEDALIA, MO.
1st 5s. one Feb. 1, 1
Dated Feb. 1907. Srteruat payable Feb.
and Aug. 1, at Trustee . office.
Authorized $600.
Outstanding—450, 000.
- Denomination—Coupon, $1,000.
' . Trustee—St. Louis Union Trust Co., St.
Louis, Mo.
Redeemable for the sinking fund at 105 and
interest. .
= aie Fund—$5, 000 per annum, commencing
‘eb.
Secured by first mortgage on a plant supply-
ing water to Sedalia, Mo. Franchise ‘expires
1928, but. if city does not purchase plant, fran-
chise will extend for 21 years additional, and
so on for 21-year periods until city purchases
plant at an appraised value. Population served,
about 20,000.
Net Earnings, -12/31/14........ $30.039
Interests ccavee a gees ev ocines ox 22,500
Market.
Boston—H. C. Spiller & Co.
New York—Hunter Wykes.
(THE) CITY WATER POWER co. (AUSTIN,
: TEXAS) 1st S. F..5s. Due April 1, 1939.
Dated April 2,.1912. Interest payable April
and Oct. 1, at Trustee's office; New York.
Authorized—$750,000. -
Outstanding—$734,500. |
Redeemed—$15,500. :
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.. 3
Trustee—New York Trust Co., New York.
- Redeemable at 10244 and interest on any
interest date upon 30 days’ notice.
Sinking Fund—Bonds are to be redeemed by
lot semi-annually, on April 1 and October 1, at
102% and interest, from $8,500 on October 1, 1914,
to $25,000 on October 1, 1937, and the remainder,
$24, 500 on April 1, 1938.
Guarantee—The city agrees to maintain such
rates for light and. water as will enable the pay-
ment of $64,800 annually to the company.
This sum will suffice to pay interest and redeem
bonds by 1938, when plants will become the
property of the city.
Secured by a first mortgage on plants supply-
ing water and electricity in.Austin, the capital of
Texas. Power is generated by a hydro-electric
plant. Population served, 20,000.
Original Market—$750,000 offered apn 1912,
by Lawrence Barnum & Co., New York, at 9744
and interest.
Market.
New York—Lawrence Barnum & Co., Rauscher
& Childress, Miller & Co.
CLEARFIELD & JEFFERSON RAILWAY CO.
1st 6s. Due Jan. 1, 1927.—F.
See Map 38.
Tax exempt in Pennsylvania.
.. Dated July 8, 1886. Interest payable Jan. and
July 1, at Broad Street Station, Philadel ibis
Authorized and Outstanding——$1,000,0 0.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia.
194.
Assumed by the Pennsylvania R. R. Co.
Organization and Control—Absorbed by the
Pennsylvania R. R. Co. in 1913.
Secured by a first mortgage on _(7) 37 miles of
road ‘from Irvona to Fordham, Pa. “Outstand-
ing at the rate of $27,000 per mile.
Underlies—$3,021, 000- Pennsylvania & North-
western Gen. 5s of 1930, and Cambria & Clearfield
Gen. 4s of 1955. Bonds are reserved under the
latter mortgage to retire this issue. ©
Net Earnings, aah? $198, 626
_Interest........... z 233,900
‘This issue S 102; 850
Earnings now included Pennsylvania "R. R.
statement.
Legal for Balt. and Me.
Listed on the Philadelphia Stock Exchange.
New York—F. H. Hatch & Co., J. H. Becker
Co.
Philadelphia—Henry & West, Chas.’ Fearon
Co., E. lark & Co., Montgomery, Clothier
& Tyler, Geo. 8. Fox & Sons, Barclay, Moore &
Co., C. C. Harrison, Jr., & Co., S Phillips,
Reed A. Morgan & Co., C. D. Barney & Co.
CLEARFIELD & MAHONING RAILWAY CO.
Ist 5s. Due Jan. 1, 1943.—F. |
See Map 14.
Tax exempt in Pennsylvania.
Dated January 3, 1898. Interest payable Jan.
ind a uly 1, at A. Iselin & Co., 36 Wall Street, New
ork.
Authorized and Outstanding—$650,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000.
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and interest by the
Buffalo, Rochester & Pittsburgh Ry. Co. by
endorsement.
Organization ‘and _Control—Incorporated in
Pennsylvania in 1892. Property leased in per-
petuity to Buffalo, Rochester & Pittsburgh Ry.
Co., rental being equivalent to interest, taxes
and 6% per annum on the stock.
Secured by a first mortgage on (5) 26 miles of
road from Dubois Jct. to Clearfield, Pa. Bonds
of this issue are outstanding at the rate of $25,000
per mile.
Net Earnings, B., R. & P. Ry. Co.,
6/80/14 Ee oc ceis cok ea quest $3,355,798
*Rentals............ 688,83
Interest, ete 1,312,623
*Includes interest on this issue. :
Pee for Conn., Fla., Me., Mich., Minn.,
.J., BR. 1. and Wis
‘Listed on the New York ‘Stock Exchange.
arket. -
New York—Redmond & Co., Wm. C. Wilson,
J. H. Becker & Co., Whittemore, Pell & Co., Peck,
Rasmus & Truesdale.
g ciledelnie “Hen & West, E. W. Clark
‘0.
cE REED BITUMINOUS COAL CORP. Ist
Due Jan. 1, 1940.
Dena July 1, 1891. Interest ‘payable Jan. and
July 1, at Trustee's office.
" Authorized—$825, ee
Outstanding—$717,000.
Retired by Sinking’ Fund—$108,00
Denomination—Coupon, _ Ser. Ne is $1,000,
Ser. “B,” $100. Registered as to principal,
Trustee—Columbia Trust Co., New York.
Sinking Fund—$20,000 per year, if earned.
Guaranteed as to interest by the Beech Creek
R. R. Co., which guaranty has been assumed
under terms of lease by the N. Y. C. & H. R.
R. R. Co.
Organization and Control—Incorporated in
Pennsylvania in 1886. All of the stock is owned
by the New York Central & Hudson River
R. R. Co., which leases the property.
Secured by a first mortgage on 14,000 acres of
coal land owned in fee in Pennsylvania, also on
mining rights on 18,000 acres. The property
mentioned includes 10 mines and 100 coke ovens.
Listed on the New York Stock Exchange.
Market. :
New York—Fred. H. Hatch & Co., J. K. Rice,
Jr., & Co., Gude, Winmill & Co., Bigelow & Co.
Philadelphia—Sam. K. Phillips, Chas. J.
Bender & Co., Geo. S. Fox & Sons.
CLEVELAND & ERIE RAILWAY CO. Ist 5s,
’ Due July 1, 1929.—F.
- Tax free in Pennsylvania.
Dated July 1, 1909, Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$800,000.
Outstanding—$500,000.
Denomination—Coupon, $250 and $500.
Trustee—Fidelity Trust Co., Philadelphia, Pa.
Redeemable at 105 and interest.
Organization—Incorporated in Pennsylvania
in 1909.
Secured by first mortgage on 34 miles of elec-
tric railway between Erie, Pa., and Conneaut,
Ohio. Population served, excluding Erie(66,525),
about 22,000. Franchises are for 999 years.
Underlies—$500,000 Income 5s.
Earnings—See Income 5s below.
Market.
Philadelphia—O. B. Lansinger & Co.’
New York—Bigelow & Co., Hotchkin & Co.
CLEVELAND & ERIE RAILWAY CO. Ine. 5s.
Due July 1, 1929.—F.
Tax free in Pennsylvania.
_. Dated July 1, 1909. Interest payable July 1,
if earned (none paid as yet).
Authorized and Outstanding—$500,000.
Denomination—Coupon, $250 and $500.
Trustee—Fidelity Trust Co., Philadelphia.
Organization—Incorporated in Pennsylvania
in 1909. ue :
Secured by second mortgage on 34 miles of
electric railway from Erie, Pa., to Conneaut,
Ohio. Population served, exclusive of Erie
(66,525), about 22,000. Franchises for 999
years.
Prior Liens—$500,000 1st 5s.
Net Earnings, 6/30/14...... anaes a $9,549
Market. <
Philadelphia—O. B. Lansinger & Co., Geo. N.
Fleming. ae = es
CLEVELAND & MAHONING VALLEY RAIL-
WAY CO. Cons. 5s. Due Jan. 1, 1938.—F.
See Map 51. :
‘Dated January 1, 1888. Interest payable:
Coupon bonds, Jan. and July 1, at Winslow,
Lanier’ & Co., New York. Registered bonds,
quarterly January, ete. :
Authorized—$3,000,000.
Outstanding—$2,936,000.
Denomination—Coupon, $1,000. Exchange-
able for registered bonds. . Registered, $1,000
and $10,000.
Trustee—Central Trust Co., New York. 5
Organization and Control—Incorporated in
Ohio in 1872. Practically all of the stock is
owned in England, and is held by the Atlantic
First Leased Lines Rental Trust. Property is
leased to Oct., 1982, to the Nypano R. R., all
of the stock of this latter company being owned
by the Erie R. R. Co., which leases and operates
its line. Annual rental of Cleveland & Ma-
honing Valley Ry., $525,967. i
Secured by a first mortgage on (2) 123 miles of
road from Cleveland, Ohio, to the Pennsylvania-
Ohio Line at Hazleton, Ohio, and branches to
New Lisbon and Pennsylvania-Ohio Line near
Sharon, Pa., of which 74 miles are double-
tracked. This line affords the Erie R. R. its
only entrance into ‘Cleveland and Youngstown,
Ohio, and in connection with the Pittsburgh &
195
Lake Erie'R. R. forms a through line from
Cleveland to Pittsburgh.
Bonds of this issue are outstanding at the rate
of $24,000 per mile.
Refunding—Bonds are reserved under the
Erie R. R. Consol. Gen: Mortgage to retire this
issue.
Legal for Cal., Conn., Me., Mich., Minn., Mo.,
.J., R. 1. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Korn, Lehman & Co., J. H. Becker
& Co., Wm. A. C. Ewen, Redmond & Co.
CLEVELAND & MARIETTA RAILWAY CO. Ist
S. F. 44s. Due May 1, 1935.—F.
See Map 94.
Tax exempt in Ohia.
‘Dated May 1, 1895. Interest payable May
apa Nex: 1, at Farmers’ Loan & Trust Co., New
ork.
Authorized—$2,000,000.
Outstanding—$1,239,000.
Denomination—Coupon, $1,000.
as to principal.
Too ae Loan & Trust Co., New
ork.
Sinking Fund—Annually on July 1, a sum
equal to 1% of the bonds outstanding to be ap-
plied to their purchase and cancellation at not
exceeding par. If bonds are not purchasable
fund reverts to the company.
Guaranteed as to principal and interest by the
Pennsylvania Co. by endorsement.
Control— Merged in 1911, with other roads,
into the Toledo, Columbus & Ohio River R. R. Co.
This company is leased to the Pennsylvania Co.,
the rental being the net earnings.
Secured by a first mortgage on (5) 104 miles of
road from Marietta to Canal Dover, Ohio.
Bonds of this issue are outstanding at the rate
of $11,900 per mile. ; :
Registerable
Net Earnings, T., C. & O.R. R. R.
12/31/14... ce eeee $827,393
Interest.... - 486,227
Legal for Me., Mich., Minn., Mo. and N. H.
Listed on the New York Stock Exchange.
Market. -
New York—Spencer Trask & Co., MeGeorge
& Vanderhoef, Wm. C. Wilson, Callaway, Fish
& Co., F. J. Lisman & Co., Coffin & Co., Bigelow
& Co., Gilman & Clucas, Foster & Adams, Simon
Bole & Co., Wood, Struthers & Co., Redmond
0. :
Philadelphia—Henry & West, Robt. Glendin-:
ning & Co. wos
CLEVELAND: & PITTSBURGH RAILROAD
: . General S. F. 444s and 344s. Due
Series ‘‘A,’”’ Jan. 1, 1942; Series ‘‘B,”’ Oct.
1, 1942; Series ‘‘C,” Nov. 1, 1948; Series
“D,” Aug. 1, 1950.—F. On
See Map 94.
Tax free in Ohio and Pennsylvania.
Dated Dec. 1, 1891. Interest payable Series
“A,” Jan. and July 1; Series “‘B,” April and Oct.
1; Series “‘C,’”” May and Nov. 1, and Series “‘D,”
i Aug. 1, at Winslow, Lanier & Co., New
‘ork. i ee
Authorized and Issued—$10,000.000.
Redeemed by Sinking Fund—$820,000.
‘Outstanding—$9,180,000- as_ follows: Series
“A,” 414s, $3,000,000; Series “‘B,” 434s, $1,561,-
000; Series “B,” 334s, $424,000; Series “‘C,”’ 344s,
$2,742,000; Series “‘D,’’ 3}4s, $1,556,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
antes eae Loan & Trust Co., New
ork.
Sinking Fund—Beginning Jan. 1, 1898, 1%
annually of bonds outstanding to be ap pied to
their purchase at not exceeding par. bonds
are not purchasable fund reverts to the company’s
treasury.
Guaranteed as to principal, interest and sinking
ane PY the Pennsylvania R. R. Co.. by endorse-
meni
Organization and Control—Incorporated in
Ohio in 1836 and in Pennsylvania in 18653.
Leased to the Pennsylvania Co. for 999 years
from 1873, at a rental equivalent to interest, taxes,
T% on stock and $10,000 organization expenses
annually. There is outstanding $24, 200, 000
stock, of which $12,946,000 is known as “special
guaranteed” stock Of: this stock the Penn-
sylvania R. R. and the Pennsylvania Co. own
$7,600,000.
Secured by a first mortgage on (6) 251 miles of
road, of which 130 miles are double-tracked,,
from Rochester, Pa., to Cleveland, O., with
branches to Bellaire and Canal Dover, Ohio.
This road affords the Pennsylvania system its
only entrance into Cleveland, Ohio. These bonds
are outstanding at the rate of $45, ae per mile.
Legal for Cal., Conn., Fla., Mass.,
Mich., Minn., Mo., N. H.. N..J., N. “y., R.L,
Vt. and Wis.
Listed on the New York. Stock Exchange.
Market.
& Posters; Higginson & Co., N. W. ‘Harris
; Chicago—Harris Trust & Savings Bank,
Hodenpyl, -Hardy & Co.
New York—Coffin & Co., McGeorge & Van-
derhoef, Estabrook & Co., Harris, Forbes & Co.,
Wn. C. Wilson, Simon Borg & Co., Wood, Struth-
ers & Co., Hodenpyl, Hardy: &- Co. a» ‘Remick,
Hodges & Co., Seasongood & Haas, Redmond &
Co., John H. Davis & Co.
Ehladelphia—e. B. Smith & Co., E. W. Clark
& Co., Geo. S. Fox & Sons, Henry & West, Chas.
Fearon & Co., Reed A. Morgan & Co., Barclay,
Moore & Co., Mellor & Petry, Robt. Glendinning
& Co., Sullivan Bros. & Co.
CLEVELAND & SANDUSKY BREWING CO.
1st 6s. Due June 1, 1948.—N.
Dated June 1, 1898. Interest payable Jan.
and July 1, at Trustee’s office or Citizens’ Savings
& Trust Co., Cleveland.
Outstanding—$5,933,000.
Retired by Sinking Fund—$1, 666,000. $67,-
000 bonds in addition to those retired by the sink-
ing fund have been eancelled.
Denomination—Coupon, $1,000.
- Trustee—Guaranty Trust Co., "New: York.
. Redeemable at 10734 and interest.
* Sinking Fund—$50,000 per annum for pur-
chase of bonds at not exceeding 10734 and inter-
est. If not purchasable, bonds shall be called.
Secured by a mortgage -on breweries of the
epmpany” located in Cleveland, Sandusky and
Lorain, Ohio.
Prior Liens—$390,000 bonds of absorbed
companies,
Net Earnings, 12/81/14......... $578,489*
Inter este: 5 scion s aureoh ee oiand euiyee 8 423,556
*Compares with $910,978 in 1913.
. Listed on the Cleveland Stock Exchange.
Market.
New York—John D. Curtis & Co. :
Cleveland—Roland T. Meacham, F. J. Weid-
man & Co., W. S. Snyder & Co., Borton & Borton.
NE & SOUTHWESTERN TRAC-
N CO. 1st & Cons. 5s. Due Feb. 1,
1923
, Dated February 1, 1903. Interest payable
Feb. and Aug. 1, at Equitable Trust. Co., New
York, and Trustee’s office, Cleveland.
Authorized—$3,000,000. t
Outstanding—$1,400,000.
Denomination—Coupon, 31, 000.
as to principal.
Registerable
Trustee—Guardian Savings & Trust Co.,,
Cleveland.
Redeemable at 105 and interest on any
interest date.
Control—Absorbed in 1907 by the Cleveland,
Southwestern & Columbus Ry. Co. A reorgani-
zation plan, now progressing, provides for the
purchase of these bonds at 95 and interest.
Secured by a first mortgage on 40 miles of
interurban street railway, and a mortgage on
65 miles additional, from Cleveland, Ohio, to
Berea, Elyria, Oberlin and,.Norwalk; and from.
Cleveland to Medina, Creston and ‘Wooster; from
Seville to Mansfield and from Oberlin to Well-
ington. Population served, exclusive of Cleve-
land, 100,000. ‘Road is. built largely on Private
right-of-way.
Prior Liens—$1,600,000 bonds of absorbed
companies.:
Underlies —$945,000 C.,S.-W. & C. Ry. Co.
1st Consol. 5s.
Net Earnings, 12/31/14.......... $439,484
Tnterestiecdiccnmna a oneness 4% 6 wee 827,946
This iss: 29:55 526 de shee se ees 280,696
Listed on the Cleveland Stock Exchange.
Original Market—Offered in 1903 by the Iron
City Trust Co., Pittsburgh.
Market.
Philadelphia—R. M. Stinson &Co., S. K.
Phillips, Oscar R. Dare & Co.
Cleveland—Hayden, Miller & Co., Roland T.
Meechant, Borton & Borton. .
New York—W.=©. Hutton & Co., Dewing & Co.,
John D. Curtis & Co.
Boston—H. C. Spiller & Co., Inc.
CLEVELAND, ‘AKRON & COLUMBUS RAIL-
WAY:'CO. Gen. (now Ist) 5s. Due March
1, 1927.—.
See Map 94. :
Dated March 1,1887. Interest payable March
and Sept. 1, at ‘Winslow Lanier & Cor New York.
Authorized—$1,800,000.
Outaanding-ht, 368, 000..
Retired by Sinking Fund—$234, 000.
Denomination—Coupon, , $500 and $1,000.
Registerable as to principal.
Trustee—Henry William Smithers, .
ng.
Assumed by the Cleveland, Akron & Cincin-
nati Ry. Co.
Guarantee—These bonds aré not guaranteed,
but $1,023,000 of the junior bonds are guaranteed’
as to principal and interest by Pennsylvania Co.
Comral— Mared in 1911 into the Cleveland,
Akron & Cincinnati Ry. Co., incorporated in
Ohio. All of the stock is owned by the Penn-
sylvania Co. or its subsidiary companies. Oper-
ated by the Pennsylvania Co. All of the stock
of the Pennsylvania Co. is owned by the Penn-
sylvania R. R. Co.
Secured by a first mortgage on (7) 196 miles of
road from Hudson to Columbus, Ohio,. with.
branch to Trinway, Ohio. Theroad covered by
this mortgage includes a part of the Pennsylvania
Co.’s line from Cleveland to Cincinnati and St.
Louis. These bonds are outstanding at the rate
of $8,000 per mile.
Underlies—$1, 566,000 C., A. & C. Cons. 4s. of
London,
1940. Bonds are reserved under that mortgage
this issue.
Net Earnings, 12/31/14.......... $421,245
Interest, rentals, ete............. 322,395
NE HNS ISSUE: 6 ones ca 4-6 eek 4H Sew 259,755
Legal for Me., Mo. and R. I.
Market.
New York—Spencer trask & Co., Wm. A. C.
Ewen, Blodget & Co., Wood, Struthers & Co.,
Peck, Rasmus & Truesdale.
beleae al AKRON & COLUMBUS RAIL-
WAY CO. 1st Cons. 4s. Due Aug. 1, 1940.
See 1 Map 94,
Tax exempt in Ohio.
Dated Aug. 1, 1900. Interest_payable_Feb.
and Aug. 1, at Winslow, Lanier, & Co., New York.
Authorized—$4,000,000.
196 .
6 Gee etanaie—$1,065/000 (guaranteed $1,023,-
Retired by Sinking Fund—$237,000. :
Denomination—Coupon, $1,000. Registerable
as to principal. .
Trustee—Commercial Trust Co., Philadelphia.
Sinking Fund—Annually on Oct. 1, 1% of
bonds outstanding to be applied to their pur-
chase at par. If bonds are not purchasable fund
reverts to the company. :
7s Asemmed by the Cleveland, Akron & Cincinnati
y. Co. ma
’ Guaranteed—Bonds No. 778 to 1,800 are guar-
anteed principal and interest by Pennsylvania Co.
by endorsement.
Control—See Gen. 53 above.
Secured by a second mortgage on (7) 196 miles
of road described under the General 5s above,
subject: to the lien of those bonds at the rate of
$9,200 per mile. These bonds are outstanding
at the rate of $8,500 per mile.
Net Earnings, 12/31/14 «. $421,245
Interest, rentals, etc...... »« 822,395
Original Market—$932,000 & aranteed offered
in 1914 by Wm. Salomon & Co., New York, at
94 and interest. .
Legal for N. H. and R. I.
Market.
New York—E. Bunge & Co., Wm. A. C. Ewen,
Hartshorne & Battelle, Coffin & Co., Wood,
Struthers & Co.
Philadelphia—Henry & West, Chas. Fearon
& Co., Sullivan Bros. & Co.
CLEVELAND, BEREA, ELYRIA & OBERLIN
BALWAY CO. Cons. 5s. Due March 1,
Dated March 1, 1899.
March and September, 1.
Authorized—$500,000.
Outstanding—$127,000.
Denomination—Coupon, $1,000.
Trustee—Cleveland Trust Co., Cleveland, O.
Redeemable at par and interest.
Assumed by Cleveland, Southwestern &
Columbus Ry.° a .
Control—Absorbed by Cleveland, Elyria &
West. Ry., now a part of the Cleveland, South-
western & Columbus Ry. Co. Reorganization
plan, now progressing, provides for the retirement
of this issue.
Secured by a second mortgage on 45 miles of
electric railway from Cleveland to Elyria, Ober-
lin and Wellington and branch to Berea, Ohio.
Prior Liens—-$300,000 divisional bonds.
Underlies—$3,545,000 5s of C., S.-W. & C. Ry.
Co. and predecessor companies.
Interest payable
Net Earnings, 12/31/14.......... $439,484
Tnterest aici s icndiss 0% ere suave go sietalentes 327,946
This issues s.c cuc0se cian eos has 150,696
Listed on the Cleveland Stock Exchange.
Market.
New York—wW. E. Hutton & Co.
Cleveland—Borton & Borton.
CLEVELAND, CINCINNATI, CHICAGO & ST.
LOUIS RAILWAY CO.
Incorporated in Ohio in 1889. The company
owns 635 miles of road from Cleveland to Terre
Haute, Ind., with branches to Columbus and
Springfield, Ohio, and from Cincinnati, Ohio,
to Lafayette, Ind. The company owns all of
the stock of companies owning 1,243 miles of
road, 248 of which are also leased to the C., C.,
Cc. & St. L. Ry. Co. These lines extend from
Columbus, Ohio, through Indianapolis, Ind., to
Peoria, Ill.; Sandusky to Cincinnati, Ohio, Ben-
ton Harbor, Mich., to North Vernon, Ind., with
trackage rights to Louisville, Ky.; Danville, to
Cairo, Ill, with branch to Evansville, Ind.;
Terre Haute, Ind., to St. Louis, Mo.,and Temple-
ton, Ind., to Seneca, Ill., with trackage rights
from Lafayette to Templeton, Ind., and Kanka-
kee to Chicago, Ill. The total mileage operated
is 2,012 miles; 426 miles are double-tracked,
ineluding 270 miles of the road directly owned
by the company. Z
“The lines operated by the C., C., C. & St. L.
Ry. Co. form a very important part of the New
York Central System, affording that system its
only entrances into Columbus and Cincinnati,
Ohio, Indianapolis and Evansville, Ind., Louis-
ville, Ky., and St: Louis, Mo., and also important
entrances into all other important Cities in Ohio
and many in Indiana and Illinois.
The C., C., C. & St. L. Ry. Co. has outstanding
$10,000,000 5% non-cumulative preferred stock
and $47,000,000 common stock. $30,200,000 of
the common stock is owned by the Lake Shore &
Michigan Southern R. R. Co., which is controlled
through stock ownership by the New York
Central & Hudson River R. R. Co.
The full dividend was paid on the preferred
stock in each year from 1891 to Oct., 1913, with
the exception of 1897, in which year only 214%
was paid. :
In Oct., 1918 the dividend was discontinued.
No dividends have been paid on the common
stock since 1910.
The C., C., C, & St. L. Ry. Co. and controlled
companies have outstanding about $87,000,000
bonds, at the rate of $46,400 per mile.
Report, year ended coe
1913
Gross Earnings.. $35,365,691 $87,613,498
Net Earnings... 6,440,722 4,802,080
Net Income 4,105,210 2,814,186
Rentals. . 1,429,687 1,287,983
Interest. 4,547,517 4,248,068
Miscellaneous 101,699 133,786
Deficit....... $1,973,687 $3,099,661
_Average annual surplus ‘before dividends for
nine years, $940,000. $
CLEVELAND, CINCINNATI, CHICAGO &
ST. LOUIS RAILWAY CO. 20-Year Deb.
4s. Due Jan. 1, 1931.—F.
Dated January 1,1911. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$10,000,000.
: Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000, $10,000 and: multiples. C. & R.
interchangeable.
‘ Trustee—Guaranty Trust Co., New York.
. Security—A direct obligation of the company
but not secured by a mortgage. The company
covenants that it will not place any new mortgage
on the railway which it owns, without equally
securing these debentures, except that it may
renew or extend existing mortgages.
Listed on the New York Stock Exchange.
Original Market—Offered in June, 1911, by
the Guaranty Trust Co., New York, Robert
Glendinning & Co., Philadelphia, Edgerly &
Crocker, Boston, Roy T. H. Barnes & Co., Hart-
ford, J. Harmanus Fisher & Son, Baltimore, and
Darr & Moore (now Moore, Leonard & Lewis),
Pittsburgh, at 9714 and interest.
q Market.
New York—Redmond & Co., Guaranty Trust
Co., Kidder, Peabody & Co., L. M. Prince & Co.,
Hornblower & Weeks, Korn, Lehman & Co.,
Chas. H. Jones & Co., White, Weld & Co.
Philadelphia—Brown Bros. & Co., Robt. Glen-
dinning & Co., Geo. N. Fleming, Cassatt & Co.
Boston—Edgerly & Crocker.
CLEVELAND, CINCINNATI, CHICAGO & ST.
LOUIS RAILWAY CO. Cairo Div. 1st 4s.
Due Jan. 1, 1939.—F.
See Map 40.
Dated January 1, 1890. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
197
Trustee—Central Trust Co., New York. :
Secured by:a first mortgage on (7) 270 miles of
road from Danville to Cairo, Ill., and branch to
Vincennes, Ind. Bonds of this issue are out-
standing at the rate of $18,600 per mile. This
mortgage was executed by the Cairo, Vincennes
& Chicago Ry. Co., and provides that upon the
payment of the principal of these bonds by the
-, C., C. & St. L. Ry. Co., the property shall
revert to theC., V. & C. Ry. Co. All of the stock
of this company is owned by the C. C. C. & St.
. Ry. Co. |
Legal for Cal., Me. and Mo.
Listed on the New York, London and Amster-
dam Stock Exchanges.
Market. E
New York—Spencer Trask & Co., Wm. -C.
Wilson & Co., Coffin & Co., A. E. Fitkin & Co.,
Bigelow & Co., Simon Borg & Co., Hartshorne
& Battelle.
CLEVELAND, CINCINNATI,
ST. LOUIS RAILWAY CO
Valley Div. Purchase Money Ist 4s.
July 1, 1940.—F.
See Map 40.
Dated November 1, 1890. - Interest payable
Jen and July 1, at J. P. Morgan & Co., New
ork. ; .
Authorized and Outstanding—$650,000.
Denomination—Coupon, $1,000.. Registerable
as to principal.
Trustees—Central Trust Co., New York, and
J. Alfred Barnard.
Secured by a first mortgage on (9) 62 miles of
road from Harrison, Ohio, to Hagerstown, Ind.,
a bese pone are outstanding at the rate of $10,500
per mile.
- Underlies—$32,800,000 C., C.,C. & St. L. Gen.
4s.—Bonds are reserved under that mortgage to
retire this issue. Also underlies, $14,600,000
Debentures.
Legal for Me. and Mo.
Listed on the New York Stock Exchange,
Market.
New York—Gilman & Clucas, Coffin & Co.
CLEVELAND, CINCINNATI, CHICAGO &
ST. LOUIS RAILWAY CO. Springfield &
Col. Div. 1st 4s. Due Sept. 1, 1940.—F.
See Map 40. :
Dated October 30, 1890. Interest payable
March and Sept. 1, at J. P. Morgan & Co., New
ork.
Authorized—$1,250,000.
Outstanding—$1,103,730,
Denomination—Coupon, $500 and $1,000.
Registerable as to peta
Trustee—Central Trust Co., New York.
Secured by a first mortgage on (8) 45 miles of
road from Springfield to Columbus, Ohio. These
Benes are outstanding at the rate of $25,000 per
mile. 2 :
This mortgage was executed jointly by the
Columbus, Springfield & Cincinnati R. R. Co.,
which owns the road, and the C., C., C. & St. Louis
Ry. Co., which leases the road for 99 years
from 1890, with an agreement to lease the
property into perpetuity upon the expiration of
the present lease.
Legal for Cal., Me., and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Blodget & Co., J. H. Becker & Co.,
Coffin & Co., Hartshorne & Battelle.
Hartford—Roy P. Crary. 3
CLEVELAND, CINCINNATI, CHICAGO & ST.
LOUIS RAILWAY CO. St. Louis Div.
1st Coll. Tr. 4s. Due Nov. 1, 1990.—F.
See Map 40, .
Dated November 1, 1890. Interest payable
May and Nov. 1, at J. P. Morgan & Co., New
York. 2h
CHICAGO: &
. White Water
Due
198
Authorized—$10,000,000.
Outstanding—$9,410,000.
Held in Sinking Fund—3590,000.
Denomination—Coupon, $1,000. Exchange-
able for registered bonds. Registered, $1,000
and. multiples. a
Trustees—Central Trust Co., New York, and
John T. Dye. :
Sinking Fund—$250,000 bonds. were delivered
to the Trustee upon the execution of the mort-
gage. The interest on these bonds is used to
acquire bonds of this issue at a price not exceed-
ing 105 and interest, and all bonds so acquired
are to be kept alive and interest added to the
sinking fund. . ; 2a
Secured by a first lien on a $10,000,000 4%
purchase money mortgage of the Cairo, Vin-
cennes & Chicago Ry. Co. This bond covers
as a first mortgage (10) 194 miles of road from
Terre Haute, Ind., to East St. Louis, Ill., and
branch. These bonds are outstanding at the
rate of $50,000 per mile. The road on which
they are secured affords the New York Central
System its only entrance into St. Louis, Mo.
Listed on the New York Stock Exchange. .
Market.
New York—Chas. D. Barney & Co., Newborg
& Co., Hartshorne & Picabia, McGeorge &
Vanderhoef, Coffin & Co., Plympton, Gardiner
& Co., Struthers & Hiscoe, Hartshorne & Battelle,
J. H. Becker & Co., Blodget & Co., Brown Bros.
& Co., Simon Borg & Co., Jones & Lanman..
Philadelphia—Elkins, Morris & Co., Brown
Bros. & Co..
CLEVELAND, CINCINNATI, CHICAGO & ST.
LOUIS RAILWAY CO. Cin., Wabash &
Mich. Ry. Div. Ist 4s. Due July 1, 1991.
See Map 40.
Dated May 9, 1891. Interest payable Jan
and July 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 3
Trustees—United States Trust Co., New York,
and J. Alfred Barnard.-
Secured by a first mortgage on (11) 204 miles
of road from Rushville, Ind., to Benton Harbor,
Mich., on Lake Michigan. Bonds of this issue
are outstanding at the rate of $20,000 per mile. .
This mortgage was executed jointly by the
C., C., C. & St. L. Ry. Co. and the Cincinnati,
Wabash & Michigan Ry. Co., which owns the
road. The road is operated by the C., C., C. &
a L. Ry. Co. under an agreement running to
Legal for Me. and Mo.
Listed on the New York Stock Exchange. ©
Market. a
New York—McGeorge & Vanderhoef, Parkin-
son & Burr, Redmond & Co., L. Prince &
Co., Blodget & Co., Rauscher & Childress, Harts-
horne & Battelle.
CLEVELAND, CINCINNATI, CHICAGO & ST.
LOUIS RAILWAY CO, Gen. Series ‘‘A” 4s
and Series ‘‘B” 5s. Due June 1, 1993.—F.
See Map 41.
Dated May 15, 1893. Interest payable June
and Dec. 1, at J. P. Morgan & Co., New York.
Authorized—$50,000,000.
Outstanding—$28,580,000 4s. $4,161,000
Series “B”’ 5s.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustees—Bankers’ Trust Co., New York, and
Union Trust Co., Indianapolis.
Secured by a first lien through the deposit of
all of the bonds of company owning the mileage,
on (1) 48 miles of road from Dayton to Carthage,
O., (outside of Cincinnati); second mortgage on
(2) 452 miles of road from Harrison, Ohio, to
Hagerstown, Ind., Cleveland, Ohio, to Indian-
apolis, Ind., Galion to Springfield and Delaware
to Columbus; Ohio, subject to prior lien at the
rate of $9, 000 per mile; second lien on ‘all of the
bonds of two companies owning (3) 69 miles of
toad from Rushville to North Vernon and Greens-
burg to Colunibus, Ind.; and_third mortgage
on (4) 385 miles of road from Cincinnati, Ohio,
to Lafayette, Ind., and from: Indiana) olis, Ind.,
to Springfield, Ohio, subject to prior liens at the
average rate of $22,700 per mile. Further se-
eured by a first lien on $2,000,000 bonds ‘and
$21,000,000 stock of important subsidiary com-
panies, ’and_a second lien on $2,600,000 stock of
other subsidiary companies.
Bonds of this issue are outstanding on the
mileage detailed above at the rate of $34,200
per mile.
Prior Liens—$17,000,000 divisional bonds and
bonds of merged companies.
Underlies—$14,650,000 debentures.
Listed on the New York Stock Exchange.
Original Market—$1,150,000 offered in March,
1910, by White, Weld & Co., New York, Boston,
etc.
arket.
New York—L. M. vice & Co., Jas. B. Col-
gate & Co., Redmond & Co., McGeorge & Van-
derhoef, Coffin & Co., Gude, Winmill & Co.,
Hartshorne & Battelle, Effingham Lawrence &
Co., Berdell Bros., Folsom & Adams, Douglas
Fenwick & Co., Simon Borg & Co., Strong, Stur-
gis & Co., Bull & Eldredge, H. N. Whitney &
ons.
Boston—Adams & Co.
Philadelphia—Elkins, Morris & Co.
CLEVELAND, COLUMBUS, CINCINNATI &
INDIANAPOLIS RAILWAY CO. Gen. Cons.
6s. ae Jan. 1, 1934.—F. |
See tac
Dated anuary 1, 1884. Interest payable Jan.
and July 1, at J. P. organ & Co., New York.
Authorized—$12, 000,000. -
Outstanding—$3, 205, 000 (Closed Mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—United States Trust Co., New York.
Assumed by the Cleve., Cin., Chie. & St.
Louis Ry. Co.
Control— Merged eae other pompenies into
the C., C., : Ry. Co. in 1
Secured by a first mortgage on (12) 390 miles of:
road from Cleveland, Ohio, to Indianapolis, Ind.;
Galion to Springfield and Delaware to Columbus,
hio. These bonds are outstanding at the rate
of $8,300 per mile. The road on which they
are secured forms a principal part of the line of
the New York Central System between Cleve-
a and points east thereof, and Cincinnati and
St. Louis.
Underlies—$47, 400, 000 C., C., C. & St. L.
Ry. Co. Gen. Mortgage and debenture bonds.
Bonds are reserved under the General Mortgage
to retire this issue.
Legal for Me. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Sutro Bros. & Co., Blodget & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Chas. Fearon & Co.
He) Tene eae ELECTRIC ILLUMIN-
NG CO. Ist 5s. “Due April 1, 1939.—F.
aA April 1, 1909. Interest payable April
and Oct. 1, at Trustee's office.
Authorized—$30,000,000.
Outstanding—$7,500,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Citizens’ Savings & Trust Co.,
Cleveland, Ohio, and Acosta Nichols, New York.
Redeemable April 1, 1924, at 107144 and
interest, and thereafter on any interest date at a
price diminishing wY% annually to maturity.
199
Organization and Control—Incorporated in
Ohio in 1892, More than roe of the stock is
owned by the Central States fectric Corp.
Secured by a first mortgage on plants supply-
ing electricity in Cleveland, Ohio. Population
served, 650,000. Franchise’ perpetual.
Underlies—$6, 450,000 Central States El.
Corp. Notes, due 1922, secured by the deposit
of more than 75% af the $800,000 preferred
and $7,340,000 common stock of the Cleveland
El. Ill.’ Co. 4
Net Earnings, 6/30/14......... $1,554,251
Interest. 1.0... ee eee tee eee 364,089
Original Market—Offered in 1909, at 108
and interest, by Spencer Trask & Co., New
York, $1,000,000 in Mil, and $500,000 in 1912,
by above firm and Jackson & Curtis of Boston
at 102 and interest.
E Market.
Chicago—W. H. Colvin & Co., Union Trust
Co., Spencer Trask & Co.
St. Paul—White, Grubbs & Co.
New York—Spencer ‘Trask & Co., Jackson
& Curtis, Fred. H. Hatch & Co., Blodget & Co.,
Berdell EOS; BE. & C. Randolph, Rauscher &
Childress, L. F. Hepburn, Gwynne Bros., Bige-
low & Co., Gude, Winmill\& Co., Kirkpatrick &
Lewis.
Philadelphia—Wurts, Dulles & Co., Oscar R.
Dare & Co., Reed & Huntoon.
Boston—Paine, Webber & Co., Jackson &
Curtis, F. W. Mason ot Co., F. B. Bassett & Co.,
White, Weld & Co., L . Sherman Adams, Old
Colony Trust Co.
Cleveland—Borton & Borton.
Providence—Richardson & Clark, Miller &
George, Hornblower & Weeks.
St. Louis—Bowman, Cost & Co.
Milwaukee—Edgar Ricker & Co.
CLEVELAND, ELYRIA & WESTERN ist 5s,
Due Aug. 1, 1920.—!
Dated August 1, 1900. “Interest payable Feb.
and Aug. 1, at Trustee’s office, and National
Bank of Commerce, New York.
Authorized—$1,500,000.
Outstanding—3$1, 073, 000.
Denomination—Coupon, $1,0
Trustee—Cleveland Trust eee ‘Cleveland, 0.
Redeemable at par and interest.
Assumed by Cleveland, Southwestern’ &
Columbus Ry. Co.
Control benched by Cleveland & S.-W. Ry.,
now Cleveland, Southwestern & Columbus Ry.
o.
Prior Liens—$400, noe divisional bonds.
Underlies—$2,; 345, 000 C. & S.-W. and C.
.-W. & C. Ry. C
Net Earnings, 12/ . $489,484
Interest... eae atedeneie . 827,946
WP AIS ISSUS ys srianeiets: coeiveldnd ce scdgeratalais 210,696
Listed on the eles and Stock Exchange.
EE oeela es M. ‘Stinson & Co., Oscar R.
‘Cleveland—-Hayden, Miller & Co., Roland T.
Meacham, Borton & Borton.
New York—F. H. Hatch & Co., Dewing & Co
CLEVELAND FURNACE CO. Ist 6s. Due
$60,000 each Jan. 1, to 1918; $70,000 1919
to 1922; and $90,000 in 1922.—F.
Dated July 1,1907. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$900,000.
Outstanding—$410, 000.
' Retired—$490,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Superior Savings & Trust Co., Cleve-
land, Ohio.
“Redeemable in the reverse of numerical order
on any interest date at 103 and interest.
_ Secured by first mortgage on 70 acres of valu-
able dock property with frontage of 1, 500 feet
on Cuyahoga River, and plant, consisting of two
modern blast furnaces and equipment.
Market.
Cleveland—F. J. Weideman & Co.
Chicago—Peabody, Houghteling & Co.
CLEVELAND, LORAIN & WHEELING RAIL-
é ae - Cons. Ref. 4)4s.. Due. Jan. 1,
loans
See Ma;
Dated aia: 1900. Interest payable Jan
and July 1, at ee of B. & O. R. R. office, 2
Wall St., New York,
Authorized—$10, 000, 000.
Outstanding—$950, 000.
Deposited under Pgh., L. E. & W. Va. Ref.
Mtge.— $3,050,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 1024 and interest upon 30
days’ notice.
Control—See Consol. 5s above.
Secured by a third mortgage on (2) 192 miles
of road described under the Consol. 5s above.
These bonds are outstanding at the rate of
$20,800 per mile, of which in the hands of the
public are at the rate of $5,000 per mile.
Registerable
ee Liens—$5,890,000 Consol. 5s and
en. 5)
Refunding—See Consol. 5s below.
Market.
Feldmore—Alex. Brown & Sons, Hambleton
Oo.
New York—Gilman & Clucas, Coffin & Co..
Spencer Trask & Co.
Philadelphia—Cassatt & Co.
CESTEEAND LORAIN & WHEELING RAIL-
WAY CO. Cons. 5s. Due October 1, 1933.
“See 1} Map Ta
Dated Rh domber 24, 1893. on payable
April and Oct. 1, at B. & O. R.R. Co. office,
2 Wall Street, New York.
Authorized and Outstanding—$5,000,000.
-Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United States Mortgage & Trust
Co., New York.
Control—The entire capital stock is owned
by the Baltimore & Ohio R..R. Co. and deposited
under its Pittsburgh, Lake Erie & West Virginia
System Refunding Mtge.
Secured by a first mortgage on (2) 192 miles of
road, of which 57 miles are double-tracked, from
Cleveland and Lorain to Martins Ferry and
Bellaire, Ohio. These bonds are outstanding
at the rate of $26,000 per mile.
Underlies—$4,893,000 Gen. 5s and Consol. &
Ref. 44s, of which’ $8,050,000 Consol. & Ref.
4s are held by the Trustee of the P. L. E. &
W. Va. System 1st & Ref. Mtge.
©:Refunding—Bonds. are reserved under the
B. & O., Pittsburgh, Lake Erie & West Virginia
System Ref. Mtge. to retire this issue.
Legal for Balt., Me. and Mo.
Listed on the New York Stock Exchange.
arket.
New York—Wolff & pray. Coffin .& ‘Co.,
McGeorge & Vanderhoef, L. M. Prince, & Co.,
Redmond & Co., Spencer Trask & Co., Blodget
& Co., Gilman & Clucas, Newborg &Co., Peck,
Rasmus & Truesdale, Vickers & Phelps, Hendrick-
ae & Co., Seasongood & Haas, Gude, Winmill
Boston—Estabrook & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.
a LORAIN & : WHEELING RAIL-
¥ co: Gen. 5s. Due June 1, 1936.—F.
See Map 7.
Dated June 1, 1896. Interest payable June
200
and Dec. 1, at B. & O. R. R. office, 2 Wall Street,
New York.
Authorized—$1,000,000.
Outstanding—$39 0,000.
Deposited under Pgh., L. E. & W. Va. Ref.
Mtge.— $3,000.
Denomination—Coupon, $1,000. -
as to principal.
Trustee—New York Trust Co., New York.
-, Redeemable at 105 and interest upon 30 days
notice.
- Control—See Consol. 5s above. ,
Secured by a second mortgage on (2) 192 miles’
of road described under the Consol. 5s above.
Bonds of this issue are outstanding at ‘the rate of:
$4,600 per mile.
Prior Lien—$5,000,000 Consol. 5s,
Underlies—$4,000, 000 Consol. & Ref. 44s, of
which $3,050,000 are deposited with the Trustee
of the P. L. E. & W. Va. System 1st & Ref. Mtge
Refunding—See Consol. 5s above.
Legal for Balt.and R. I.
Market.
New York—J. H. Becker & Co., Blodget & Co.
Boston—Estabrook & Co.
CLEVELAND, PAINESVILLE. & ASHTABULA
RAILROAD CO. ist 5s. Due July 1, 1922.
—F.
Dated July 1, 1902. Interest payable Jan. and
July 1, at Trustee’s office, or National Bank of
Commerce, New York.
Authorized—$1,000,000.:
Outstanding—$850,' 000.
Held in Treasury—$140, 000.
Denomination—Coupon, $1, 000.
as to principal. -
syinocoe—- Cleveland Trust Co.,
10.
Control—Majority of stock owned by Cleve-
land, Painesville & Eastern R. R. Co.
Secured by a first mortgage on "30 miles of elec
tric railway all on private right of way except in
Madison and Geneva, where franchises expire in
1927. Line extends from_Painesville, where it
connects with Cleveland, Painesville & Eastern
for Cleveland, to Ashtabula where connection is
made with line to Conneaut. Also on power
house which is leased to the C., P.& E. R. R. Co.
and on transmission and distributing lines supply-
Registerable.
7
Registerable
Cleveland,
ing several lighting companies. Population
served, about 35,000.
Net Earnings, 12/13/14........... $42,425
TES P ESE praysctielgs si sevciaise Gus are sensei eee 64,308
Market.
New York—Hotchkin & Co., McGeorge &
Vanderhoef, Dewing & Co.
Albany—John, J. Hart.
Cleveland—Hayden, Miller & Co., Borton &
Borton, Roland T. Meacham. -
Philadelphia—Mellor & Petry, Oscar R. Dare.
CLEVELAND, PAINESVILLE & EASTERN
RAILROAD CO. Ist 5s. Due April 1, 1916.
Dated April 1, 1896. Interest payable April
and Oct. 1, at Trustee’s office, or National Bank
of Commerce, New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Cleveland Trust Co., Cleveland, 0.
Organization—Incorporated in Ohio in 1895,
and controls through stock ownership vie Cleve-
land, Painesville & Ashtabula R.
Secured by first mortgage on 39 miles “of inter-
urban railway from Euclid to Painesville and
Fairport and from Willoughby to Glenville, Ohio.
Population served, 32,000. Cars run through to
Public Square, Cleveland, and also to Ashtabula,
Ohio. Franchises expire between 1920 and 1935.
Underlies—$1,923,000 Consolidated 5s and
Refunding 5s. Bonds are reserved under the
Consolidated Mortgage to retire this issue.
Net Earnings, 12/31/14. . $194,781
Interestinc ici sce nay pene nna: 132,273
This issue............ ccs eee 23
Mar
Boston—Hotchkin & ce
Albany—John W. Hart.
Philadelphia—Mellor & Petry, S. K. Phillips,
C. D. Barney & Co., Oscar R. Dare.
Cleveland—Borton & Borton, Hayden, Miller
&
Now York—C. D. Barney & Co., Dewing & Co.,
Didrichsen & Co., John D. Curtis & Co., Gude,
Winmill & Co.
CLEVELAND, pr ANEeNLLE & EASTERN
AILROAD Cons. 5s. Due Oct. 1, 1918.
Dated Oct. 1, 1898. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$2, 000,000.
Outstanding—$1, 131, 000 (Mortgage closed).
Denomination—Coupon, $1,000.
Trustee—Citizens’ Savings & Trust Co., Cleve-
land, Ohio.
Secured by a second mortgage on property
described under ist 5s, above.
Prior Liens—$500,000 1st 5s.
Underlies—$846, 000 Ref. 5s, which mortgage
provides for the retirement of this issue.
Net Earnings, 12/81/14......... $194,781
Interest.....2 0.6... eee eee eee 132,273
THIS: 1S8U es 2 cosiavi ss 6 seamvene 3 ou we : 89,973
Market.
Cleveland—Hayden, Miller & Co.
Philadelphia—Mellor & Petry, Barclay, Moore
& Co., Reed & Huntoon. — -
New York—Dewing & Co.
(THE) CLEVELAND RAILWAY CO. Ist 5s.
Due March 1, 1931.—F.
-~Dated March -1, 1911.
March and Sept. 1, at Chase Nationa!
New York, or Trustee’s office.
Authorized—$35,000,000.
_ QOutstanding—$5, 495, 000.
Denomination—Coupon, $1, 000. »
as to principal.’
Trustee—The Citizens’ Savings & Trust ‘Co.
Cleveland, and Bankers’ Trust Co., New York.
a Medvemable at 105 and interest on any interest
ate. : ‘
Secured by a first mortgage on the entire
street railway system in Cleveland, Ohio, in-
cluding 260 miles of track. Population served,
650,000. The agreed valuation of the company’s
property, as of 1909, was $19,300,000
Franchise—The franchise granted to the
company extends to 19384, and provides for such
a rate of fare as.will insure the company earning
5% on.its bonds and.6 % on its floating indebted-
ness and stock. . The question of fares has never
been definitely settled, and is now unsettled.
The city has the right to buy the bonds at any
time at par and interest, and the stock at 110, or
after January 1, 1918, to designate a purchaser on
these terms, After July , 1914 the company
has the right to charge one cent for transfers in
addition to the three-cent’ fare.
Net Earnings, 12/31/13:...... $1,389,006
Interests cca iteyecs Atauegnind 1,702,260
Listed on the Cleveland Stock Exchange.
Senate Market—$5,000,000 offered, March,
1911, by N. W. Harris & Co., Boston, Harris,
Forbes & Co., New York, and Harris Trust &
Savings Bank, Chicago, at par and interest.
Interest Pye
ank,
Registerable
“Market.
New a ee N, Whitney & Pi Pirie
Forbes & Co., John D. Curtis & Co., H. P.
Taylor & Co.
ie Boston—W. L. Raymond & Co.. N. W. Harris
0.
Baltimore—Sutton & Co., Stein Bros., J. S.
Wilson, Jr., & Co., Townsend Scott & Son,
Strother, Brogden & Co., Owen Daly & Co.,
Jenkins, Whedbee & Poe. f
te
Chicago—Harris ae & Savings Bank.
Philadelphia—Geo. S. Fox & Sons. ‘
Cleveland—Borton & Borton, Otis & Co., Ri Fs
Meacham.
Washington—Crane, Parris & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
(THE) eee SHORT LINE RAILROAD
CO. Ist 444s. Due April 1, 1961.—F.
See Map 83.
Dated April 1, 1911. Interest payable April
and October 1, at New York and London.
Authorized—$20,000,000.
Outstanding—$11,800,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000 and
multiples. C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Guaranteed as to principal and interest by
The Lake Shore & Michigan Southern Ry. Co.
by endorsement.
Control—Assumed by the N. e Cent. hg R. Co.
Absorbed by the N. Y. Cent. R
Underlies $140,000,000 N.Y. C.R. R. Imp. &
Ref. 414s and Debenture 6s.
Secured by a first mortgage on (16) 20 miles of
belt line around Cleveland from a point near
West Park, seven miles west of Cleveland, Ohio,
to Collinwood, affording the only entrance to
Cleveland for the Lake Erie & Pittsburgh Ry. and
effecting a saving of time for the through freight
service of the Lake Shore & Michigan Southern
Ry. Co., and facilitating interchange of traffic
by that Toad.
Listed on the New York Stock Exchange.
Legal for Cal., Me., Mo., N. and R.
Original Market—Offered September, 1913, by
Lee, Higginson & Co.,-.White, Weld & Co.,
Kissel, Kinnicutt-& Co., ‘Harris, Forbes & Co.,
New York and Montgomery, Clothier & Tyler,
Paar at 9514 and interest..
Market.
New York—Pyne, Kendall & Hollister, Foster
& Adams, Knauth, Nachod & Kuhne, C. E.
Mitchell & Co., Tobey & Kirk, Ernest Smith,
Redmond .& Co.. H. N. Whitney & Sons, Gude,
Winmill & Co., L. AL Prince & Co.
Philadelphia Harper & Turner, Graham &
Co. ks
Cleveland—Otis & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
CLEVELAND, SOUTHWESTERN & COLUM-
BUS ist Cons. 53. Due April 1, 1927.—F.
Dated April 1, 1907. Interest payable April
and Oct. 1, at Trustee’ : office or National Bank
of Commerce, New Yor
Authorized—$10, 000, te. A
Outstanding —$945, 000.
Denomination—Coupon, $1,000.
Trustee—Cleveland Trust Co., Cleveland, O,
Redeemable on or after April 1, 1917, at "108
and interest.
Organization—Incorporated in Ohio in 1907.
A plan for reorganizing the company is under
contemplation. This plan provides for issue ot
new bonds and retirement of present. issues.
These bonds are to be acquired at 90.
Secured by mortgage on property of the Com-
pany,. which operates 208 miles of road, of whic’
132 miles are on private right-of-way. Lines
of road extend from Cleveland to Berea, Elyria,
Norwalk and Wooster, from Galion to Bucyrus
and Mansfield, and from Mansfield to Seville,
all located in Ohio. Population served, exclu-
sive of Cleveland, about 120,000.
Prior Liens—$3, 510,000 bonds of consolidated
companies.
Net Earnings, 12/31/14......,.. $439,484
¢ Interests: voces weneviw § aeons ci 827,946
Original Market.—First issued ii in exchange for
201
bonds and in payment of accumulated dividends
i stock of Cleveland & Southwestern Traction
0.
Market.
Cleveland—Roland T. Meacham, |
Miller & Co. ; ;
ver York—Harris, Forbes & Co., Dewing &
Hayden,
*Philadelphia—Mellor & Petry.
Boston—N. W. Harris &.Co.
CLEVELAND TELEPHONE Co. 5% Notes.
Due May 15, 1916.—N.
Dated May 15, 1914. Interest payable May
1 and Nov. 1, at office of American Tel. & Tel.
Co., 15 Dey St., New York.
i Authorized and Outstanding $2, 500,000.
Denomination—Coupon, $1,0
Guaranteed principal and: Renee by the
American Telephone & Telegraph Co. by en-
dorsement.
Organization and Control—Incorporated in
Ohio in 1880. Owns and operates the Bell Tele-
phone System in city of Cleveland and Cuya-
hoga County, Ohio. All of the stock is owned
by the American Telephone & Telegraph Co.
Security—A direct obligation of the company,
but not secured by a.mortgage. The property
of the company is free from mortgage debt.
Net Earnings, 12/31/13......... $928,178
core Market—Offered in April, 1914, by
J. P. Morgan & Co. and Kuhn, Loeb & Co., New
York, Kidder, Peabody & Co., Boston, etc., and
Baring Brothers & Co., London, at "9914 and
interest.
Market.
New York—Seasongood & Haas.
CLEVELAND TERMINAL & VALLEY RAIL-
ROAD CO. Ist 4s. Due Noy. 1, 1995.—F.
See Map 7.
Dated ‘Detober 28, 1895.
May and Nov. 1, at B. & O.
Street, New York.
. Authorized—$6,000,000.
| Outstanding—$3,301,000. (Closed mortgage.)
. ‘Deposited under Pgh., L. E. & W. Va. Ref.
Mtge.—$2,214,000.
' Denomination—Coupon, $1,000.
as to principal or fully registerable.
Trustee—Bankers’ Trust Co., New York..
Guaranteed principal and interest by the
Baltimore & Ohio R. R. Co. by endorsement.
Organization and Control—Incorporated in
Ohio in 1895, Practically the entire capital
stock is owned by the B. & O. R. R. Co. and
deposited under its Pittsburgh, Lake Erie &
West Virginia System Ref. Mtge.
‘Secured by a first mortgage on (8) 87 miles of
road from Cleveland to Valley Jct., Ohio. These
bonds are outstanding at the rate of $63,400 per
mile, of which those in the hands of the public
are at the rate of $39,000 per mile. This road
forms the principal line of the B. & O. R. R. into
Cleveland, Ohio.
Refunding—Bonds are reserved under the
B. & O., Pittsburgh, Lake Erie & West Virginia
System Ref. Mtge. to acquire or retire this issue.
Net Earnings, 6/30/14.......... $106,837
Interest oiiseii ccs iseciays corte aieus ye a ara 240,000
The deficit of $123,000 in 1913-14 compares
with a surplus of $18,000 in 1912-13
Legal for Balt., Cal., Conn., Fla., “Me. Mich.,
Minn., Mo., N. H. and R. 1.
ne te
New York—Coffin & Co., Spencer ate ee
Co., Blodget & Co., Wm. A. Read & Co., F. J.
Lisman & Co.
Philadelphia—Henry & West.
CLINCHFIELD COAL CORPORATION 6%
_ Notes. Due November 1, 1916.
Dated November 1, 1914. Interest payable
March 1 and November 1.
Interest payable
R. R. office, 2 Wall
Registerable
Authorized and Outstanding—$1, 200, 000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York:
Redeemable on any interest date at par and
interest.
Conyertible at any time,’ par for par, into 7%
cumulative’ preferred stock of the company.
The company will make ‘a cash payment of $75
to the holders with respect to each note converted.
Organization—Incorporated | in Virginia in
1906... The company owns some 300, 000 acres
of' coal lands in fee and mineral and surface
rights, located in Russell, Wise, Dickinson and
Buchanan counties, Virginia, a part of which is
subject to mortgages amounting to $1,462,000.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
ovenants that it will not place any mortgage or
lien upon the property now owned so long as any
of these notes are outstanding.
Original Market—Offered in *itarch, 1915, by
Blair & Co., New York, at a price to ‘yield 1%,
CuNTon i cas LIGHT CO. ist 434s.
Due Jan. 1
Dated Jan.. 1, 1905. . Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$110,000.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston, Maas.
Control— Majority of stock owned by Massa-
chusetts Lighting Co.
Secured by first mortgage on plant supplying
gas and electricity to Clinton and Lancaster.
Population, 15,500. g
Net Earnings, 6/30/14........... $26,436
10,867
TNterestoes.g sca hpsaerne ssa eens ede ox
Market.
New York—Blodget & Co., E. H. Rollins &
ons.
Boston—C. D. Parker & Co.
CLINTON WATER WORKS CO. ist 5s. Due
Aug. 1, 1939.—N.
Dated Aug. 1, 1899. Interest payable Feb.
and Aug. 1, at Trustee's office,
Authorized and pon 000. ~
Denomination—Coupon, $1,0
Seonree ear mers, Loan & Trust Co., New
Redeemable at par and interest.
Control— Majority of stock owned by American
Water Works & Electric Co.
Secured by: first mortgage on plant supplying
water to Clinton, es Population, 26,000.
Underlies—$167,000 5s.
Net Earnings, 4/30/13 heeciionn seees. $35,926
Interest 31,439
This issue 23,250
Boston—F. w. Mason & Co.
New York—Wolff & Stanley.
CLYDE STEAMSHIP COMPANY Ist S. F. 5s.
Due Feb. 1, 1931.—
Dated February 8, 1906. Interest payable
ee and Aug. 1, at ‘Bankers’ Trust Co., New
ork.
Authorized—$6, oon mB
Outstanding—$3,9
Held in Tile etase
Retired by Sinking Pind ai: 372,
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
4 Redeemable at 110 and interest on any interest
ate.
Sinking Fund—The company agrees to cancel
annually sufficient bonds to retire the entire issue
by maturity, present annual payments amount
to $172,000
Organization and Control—Incorporated in
Maine in 1906. Practically all of the stock is
"Repisterable
202
owned by the Atlantic, Gulf & West Indies
. S. Lines.
Secured by a first mortgage on twenty-two
steamships and all other property... The com-
pany operates between Boston, New York and
Philadelphia and southern ports.
Net Income, 12/31/12.......... $862,731
Interest on bonds........... «.. 195,250
Original Market—$2,000,000 offered in 1906
by Hayden, Stone & Co., Geo. A. Fernald & Ca.,.
Boston, at 101 and interest.
: Market. .
New York—F. H, Hatch &,Co.,Hornblower &
Weeks, A. E. Fitkin & Co., Chandler Bros. & Co.,
John D. Curtis & Co., R. F. Westerfield, Edmund
Seymour & Co., Kirkpatrick & Lewis, Tobey &
Kirk, John W. Christiansen, S. L. Snowden.
Philadelphia—S. K. Phillips. .
Boston—Geo. A. Fernald & Co., Hornblower
& Weeks, Hayden, Stone & Co., Burgess, Lang
& Co., L. Sherman Adams, Richardson, Hill &
Co., F. B. Bassett & Co.
CLYDE STEAMSHIP TERMINAL COMPANY
Ist Guar. 58. Due Oct. 1, 1934.—F. .
Dated October 1, 1909. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$700 000.
' Outstunding—$575,000.
Retired by Sinking Fund—$60,000.
Denomination—Coupon, $1,000.
Trustee—The Bankers’ Trust Co., New York.
4 Beddeuiahle at 105 and interest on any interest
ate.
Sinking Fund—$20,000 annually to purchase
and cancel bonds at not exceeding 105 and interest.
Guaranteed principal, interest and sinking
an by the Clyde Steamship Co. by endorse-
ment.
Secured by a first mortgage on 735 feet front-
age on St. John’s River and other valuable prop-
erty located in Jacksonville, Fla., including ter-
minal buildings and piers.
Earnings—See Clyde S. S. Co. 1st 5s above.
_ Original Market—$500,000 offered Nov., 1910.
by Spencer Trask & Co., New York, Boston, etc.,
at 99 and interest.
Market.
New York—Spencer Trask & Co.
Boston—Geo. A. Fernald & Co., L. Sherman
Adams, F. B. Bassett & Co.
COAL & COKE RAILWAY CO. Ist 5s.
April 1, 1919.—F.
See Map 89.
Dated April 1, 1904. Interest payable April
and Oct. 1, at Trustee’s office, and at Mercantile
Trust & Deposit Co., Baltimore.
Authorized—$5,000,000.
Outstanding in Hands of Public—$4,059,000.
Held in Company’s Treasury—$951,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Davis Trust Co., Elkins, W. Va.
Organization—Incorporated in West Virginia
in 1902.
Secured by a first mortgage on (11) 123 miles of
road from Otter to Elkins, W. Va., and branches,
and{asecond mortgage on (12) 64 miles of road from
Charleston to Otter, subject to a prior lien at the
rate of $470 per mile. Further secured on
100,000 acres of valuable coal lands, traversed
by the company’s railroad. Without allowance
for the coal lands on which they are secured,
these bonds are outstanding at the rate of
$21,400 per mile.
Prior Liens—$30,000 Charleston, Clendenin &
Sutton R. R. 5s of 1944.
Due
Net Earnings, 6/30/14.......... $415,387
Bond interest............00eaee 215,345
Other interest, etc.............. 109,754
Listed on the Baltimore pom Exchange.
arket.
Baltimore—Sutton & Co., J. S. Wilson, Jr., &
Co., Howard R. Taylor & Co., Townsend Scott
& Son,.John D. Howard & Co., Strother, Brogden
& Co., Hambleton & Co., Colston, Boyce & Co.
New York—Chandler Bros. & Co., E. & C.
Randolph.
COAL & IRON RAILWAY CO. Ist 5s. Due
Aug. 1, 1920.—N.
See Map 88.
Dated Aug. 1, 1900. Interest payable Feb.
and Aug.'1, at Trustee’s office.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust & Deposit Ce.,
Baltimore. ‘ ; ‘
Assumed by the Western Maryland Ry. Co.
Control—Merged into West Virginia Central
& Pittsburgh Ry. Co., which company has sold
_ yauroed property to the Western Maryland
y. Co. :
Secured by a first mortgage on (5) 46 miles of
road from Elkins to Durbin, W. Va. These
bonds are outstanding at the rate of $21,100 per
mile. The road they are secured on passes
through a very rich coal territory.
Underlies—$56,600,000 Western Maryland
R. R. 1st 48 of 1952 and notes. Bonds are re-
served under the first mortgage to retire this issue.
Net Earnings, 6/30/14........ $25,408
Interest, ete. ..........00.0ee 2,851,073
This issue. 20: 3s cres seca nee 486,073
Listed on the Baltimore Stock Exchange.
Original Market—$100,000 offered in Aug.,
1904, at 10334 by Hambleton & Co. and Town-
send Scott & Son, Baltimore.
Market.
Baltimore—Howard R. Taylor & Co., Nelson,
Cook & Co., Jenkins, Whedbee & Poe, Town-
send Scott & Son, Strother, Brogden & Co.,
Hambleton & Co., John D. Howard & Co., Sutton
& Co., B. Warren Corkran & Co.
COAL PRODUCTS MANUFACTURING CO.
Serial Debentures 6s. Due $100,000 an-
nually Nov. 1, 1915, to Nov. 1, 1919, inclu-
sive, and $50,000 Nov. 1, 1920.
Dated May 1, 1918. Interest payable May
and Nov. 1, at Trustee’s office.
_ Authorized—$600,000.
Outstanding—$55v,000.
Retired—$50,000.
Denomination—Coupon, $500 and $1,000.
Trustee—First Trust & Savings Bank, Chicago.
_ Redeemable on any interest date at 102 and
interest.
Guaranteed _as to
the Western United
dorsement.
Organization—Owns and operates a Jarge
coke oven plant at Joliet, Ill., comprising 35
ovens and an additional 35 ovens are nearly
completed. It sells all its gas to the Western
United Gas & Electric Co. under a contract
running to 1950. The revenue from this con-
tract amounted to $250,000 in 1913.
Controlled through stock ownership by the
American Gas Co. of Philadelphia.
Security—A direct obligation of the Coal
Products Manufacturing Co. and the Western
United Gas & Electric Co. and secured by a
first lien on the proceeds from the contract be-
tween these companies mentioned above. There
are no outstanding bonds or mortgage lien on
the property. of the Coal Products Manufactur-
ing Co. 4
Original Market—$600,000 offered April, 1913,
by Howard, Simmons & Co., and Emory, Peck
& Rockwood of Chicago, at par and interest.
Market.
Chicago—Emery, Peck & Rockwood, Howard
Simmons & Co.
rincipal and interest: by
as & Electric Co. by en-
COAL RIVER RAILWAY CO.
June 1, 1945.—F.
Ist 4s. Due
203
See Ma
Dated
and Dec. 1, at J. P.
Authorized—$3, 000,
Outstanding—$2, a9, 000.
Retired by S. F.-$121 ,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Sinking Fund—1 % of outstanding bonds, ‘be-
ginning Nov. 1, 1910, and annually thereafter,
to be applied to the purchase of these bonds at
not exceeding par and interest. If no bonds are
purchasable, funds to be invested in other se-
curities. All bonds of this issue acquired are to
be cancelled.
Assumed by the Ciete pele & Ohio Ry. Co.
Control—Absorbed by the C. & O. Ry. Co.
Secured by a first mortgage on (10) 95 miles of
road from St. Albans to Helen, Peytona, and
Blair, W. Va.
These bonds are outstanding at the rate of
$30,700 per mile.
Underlies—$72,000,000 C. & O. Ry. Co. Gen.
Funding & Impv’ ty First Lien & Impv’t and de-
benture bonds, of which . $37,000,000 are de-
posited to secure short notes, 1919.
Listed on the New York Stock Exchange.
Legal for Fla. and N. H.
Original Market—$500,000 offered in 1905 by
Budsiph Kleybolte & Co. (now Kleybolte, Baker
& Co.), White, Weld & Co., New York, and
Montgomery, Clothier & Tyler, Philadelphia,
at 98 and interest. $618,000 offered in 1914 by
Brown Bros. & Co., New York and Philadelphia,
at 84}4 and interest.
Market.
New York—A. E. Fitkin & Co., C. D. Barney
& Co., Brown Bros. & Co., John W. Christiansen,
Harvey Fisk & Sons.
Philadelphia—Henry & West., Brown Bros.
Co., Montgomery, Clothier & "Tyler, Barclay,
Moore & Co.
Baltimore—W. W. Lanahan & Co.
ate COUNTIES LIGHT & POWER CO.
st S. F. 5s. Due Aug. 1, 1946.—F.
ee exempt in California.
Dated August 1, 1906. Interest payable Feb.
and Aug. 1, at Jrusiees office.
Authorized—$1,000.
Outstanding—$560, 000.
Held in Sinking Fund—$44, 000.
Denomination—Coupon, $1,000.
as to principal.
‘Trustee—Mercantile Trust Co., San Francisco.
Redeemable at 107% and interest on any in-
terest date.
Sinking Fund—1% annually of outstanding
bonds to be applied to the purchase of bonds at
not exceeding 10714 and interest. If not pur-
chaseable, bonds shall be called. Bonds so
acquired to be kept alive and interest added to
sinking fund.
Control—Absorbed by the
Gas & Electric Co.
Secured by a first mortgage on gas and electric
plants supplying Santa Cruz and we eons:
Cal., and electric plants supply’
Gilroy and other towns in ,th ci
19.
Morgan é Co., New York.
Registerable
Registerable
Coast Counties
second mortgage on plan’ i gas and
electricity in Hollister, Gy, & sippy ro-electric
plant on Big Creek, in ‘Savy @ Cn hy§inty. The
company also purchases current tony Pacific Gas
& Electric Co. Population served, 25 9/00., Fran-
chises are perpetual, and ‘large part’ gf right of
way for transmission lines is owned. These bonds
are further secured by the deposit of! all of the
stock of the Union Traction Co. of California,
owning 18 miles of street railway, subject to
$640,000 bonds.
Prior Liens—$312,000 Big Cr. Let & P. Co. 4s
gf ape and $150,000 San Benito Let. & P. Co.,
st 6s.
time 1, ae Tatercet payable June
204
Net Earnings, 12/31/14.... .- $162,634
Tnterestica gis iin vdearie nea s-inas 81,980
Original Market—Offered in 1912 by N. Ww.
Halsey & Co., New York, Chicago, etc., at 95
and interest.
‘Market.
New York—-N.. W. Halsey & Co. :
San Francisco—N. W. Halsey & Co.
COAST VALLEYS GAS & ELECTRIC Co.
1st 6s. Due March 1, 1952.—]
Dated March 1, 1912. Interest payable Aarech
and Sept. 1, at Trustee's office, or at U.S. Mort-
gage & Trust Co., New York. —
Authorized—$10,000,000.
Outstanding—$1,000,000. ‘
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mercantile Trust Co., San Francisco.
Redeemable at 105 and interest.
Sinking Fund—1 % annually of all bonds issued
beginning March, 1918. Bonds redeemed to be
kept alive.
‘Organization and Control—Incorporated in
California in 1912. All of the stock is owned by
the California Ry. & Power Co., which is con-
trolled through stoek: ownership by the United
Rys. Investment Co.
Secured by a first mortgage on plants supply-
ing gas and electricity to Monterey, Salinas and
Pacific Grove, and water to Salinas, all_in Cali-
fornia. Population served, 12,000. Gas and
water plants were installed at a time when no
franchises were needed from municipalities.
Franchises for electricity expires in Salinas in
1938, in Monterey in 1940 and in Pacific Grove
in 1941. °
- Net Earnings, 6/30/14........... $75,240
Interest. oo: 5 ¢ susie oh eeea ses 61,361
Original Market—$786,000 offered May, 1912,
at 101 and interest, by E. H. Rollins & Sons,
Boston, New York, ete.
Market.
Boston—E. H. Rollins & Sons.
_ Chicago—H. H. Rollins & Sons, Stanwood,
Taylor & Co.
San Francisco—E. H. Rollins & Sons.
COEUR D’ALENE & SPOKANE RAILWAY lst
5s. Due Jan. 1, 1929.—|
Dated Jan. 1, 1903. } Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$500, pee
Outstanding—$442,
Tennjitaatiea aap ny $100, $500 and $1,000.
Registerable as to principal.
er oe Guarantee & Trust Co., New
or
Redeemable at 105 And interest.
Sinking Fund—5 % of net earnings per annum.
sau by Spokane & Inland Empire R. R.
‘Gontrol—Merged with Spokane & Inland
Empire R. . The Great Northern Ry. Co.
owns a“majority of the preferred stock.
ecured by a first mortgage on 41 miles of
interurban electric railway, from Terminal Jet.,
Wash., to Coeur d’Alene, Idaho, and branches.
The road is built in accordance with steam rail-
road specifications on private right-of-way.
Underlies—$3,913,000 Spokane & Inland
Empire R. R. 5s. :
Net Earnings, 6/30/14.......... $322,786
INGER ESE i. 5: ove cco esaie FFs dae k Modeoi 453,365
This issue...... afsa.S eit: cunts: era +. 267,715
St. Louis—Bowman, Cost & Co.
COLORADO & SOUTHERN RAILWAY CO.
Ist 4s. sane Feb. 1, 1929.—
See Ma
Dated a 81, 1898. Interest payable Feb.
and Aug. 1, at company's office, 26 Liberty
Street, New "York.
Authorized—$20,000,000. i
Outstanding—$19,402,000.
Retired—$148,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
on eee Refunding & Extension 44s,
above.
Secured by a first mortgage on (2) 960 miles of
road, including all that directly owned by the
company, from Orin Jct. to Cheyenne, Wyo.,
Fort Collins to Southern Jct., Colo., Walsenburg
to Sixela, on the New Mexico-Texas state line,
Denver to Leadville, Colo., and branches, and a
first collateral lien on practically the entire
capital stock of the Denver City & Fort Worth
Ry. Co., owning 450 miles of road from Sixela
to Fort Worth, Texas. Further secured by a
second lien on the property described under
the Refunding & Extension 4}4s above.
These bonds are also secured by a lien on
about one-half of the stock of the Colorado
Midland Ry. Co. This company is in the hands
of receivers, and the C. & S. Ry. Co. has arranged
to sell this stock.
Underlies—$30,803,000 Ref. & Ext. 44s.
Bonds are reserved under that mortgage to retire
this issue.
. Legal for Balt., Cal. and Mo.
Listed on the New York Stock Exchange.
Market.
Baltimore—Middendorf, Williams & Co.,
W. W. Lanahan & Co. sf he
New York—Struthers & Hiscoe, Coffin & Co.,
Redmond & Co., F. J. Lisman & Co., Folsom &
Adams, BE. & C. Randolph, Tucker, Anthony &
Co., H. N. Whitney & Sons, L. M. Prince & Co.,
Clark, Dodge & Co., Low, Dixon & Co., Wood,
Struthers & Co., L. F. Hepburn, Newborg & Co.,
Robinson & Co., Montgomery, Clothier & Tyler,
Seasongood & Haas.
Omaha—City Trust Co.
Philadelphia— Montgomery, Clothier & Tyler.
COLORADO & SOUTHERN RAILWAY CO.
' Ref. & Ext. 4 4s. ue May 1, 1935.—F.
See Map 43.
Dated May 1,1905. Interest payable May and
Nov. 1, at company’s office, 26 Liberty Street,
New York.
Authorized—$100,000,000.
Outstanding—$30,803,900. j
Held in Treasury—$3,630,277.
Denomination—Coupon, $100 and - $1,000.
Registerable as to principal. Registered, $1,000
and multiples. Coupon bonds of $1,000 and
registered bonds are interchangeable. :
Trustee—Central Trust Co., New York.
Redeemable as a whole at 101 and interest on
any interest date, upon three months’ notice. _
Organization and Control—Incorporated in
Colorado in 1898. The company owns 960
miles of road, of which 295 miles is narrow gauge
Its lines extend from Orin Jet., Wyo., to Sixela
on the line between New Mexico and Texas, with
numerous branches. The company controls roads
which own 1,550 miles of additional road, of
which 900 miles are operated by the Colorado &
Southern Ry. Co. These controlled lines extend
from Sixela to Fort Worth, Abilene and Houston,
Texas. The road owned is bonded at the rate of
$50,000 per mile, and the entire system -is cov-
ered by the company’s bonds by a direct or col-
lateral lien, at the rate of $33,300 per mile. The
company has outstanding $31,025,000 common,
$8,500,000 4% non-cumulative first preferred
and $8,500,000 4% non-cumulative second pre-
ferred stock. $23,667,500 of the common stock,
$930,000 of the first preferred stock and $5,938-,
700 of the second preferred stock is owned by
the Chicago, Burlington & Quincy R. R. Co.,
which company is controlled by the Great North-
ern and Northern Pacific Ry. Co. The Colorado
& Southern Ry. Co. paid dividends on its 1st
,
Registerable
preter tea: stock from 1900, on the second pre-
erred stock from 1907 and on the common stock
from 190 Dividends on the common stock
were discontinued in 1913 and on both classes of
the preferred stock in 1914. :
' Report. Years ended June 30:
4 1913-14 1912-13
Gross Harnings.. $13,222,737 $15,077,677
Net Earning: 8,476,734 4,454,715
Net Incom 3,530,068 4,611,722
Interest, ete és 2,853,001 2,874,280
Dividends...... 340,000 990,000
Secured by a first lien on all of the bonds and
practically all of the stock of companies owning
(1) 710 miles of road from Cheyenne, Wy., to Fort
Collins, Col.; Southern Jct. to Walsenburg,
Colo.; Wichita Falls to Byers and Abilene, Tex.,
and branch; and Cleburne and Waxahatchie to
Houston, ‘ex.; a second mortgage on (2) 960
miles of road described under the 1st 4s, below and
the collateral deposited thereunder, and a first
lien on $7,000,000 other securities of controlled
companies. These bonds cover as a first col-
lateral lien a large part of the important mile-
age of the system. ‘They are outstanding at the
rate of $19,000 per mile.
Listed on the New York Stock Exchange.
Original Market—$15,000,000 offered in 1905
by Hallgarten & Co., Wm. Salomon & Co. of
New York, and ere = Curtis of Boston.
: ; . arket.
New. York—Bigelow & Co., H. N. Whitney &
Sons, Redmond & Co., Robinson & Co., Beyer &
Co., L. M. Prince & Co., Newborg & Co., Potter,
Choate & Prentice, Herrick & Bennett, Cogge-
shall & Hicks, Clark, Dodge & Co., J. H. Becker
Co., Miller & Co., Low, Dixon & Co., Season-
good & Haas, Ernest Smith, Gude, Winmill & Co.
Boston—E. H. Rollins & Sons.
Providence—John C. Hume & Co.
Omaha—City Trust Co.
COLORADO & SOUTHERN RAILWAY CO.
Equip. 5s. Due $52,000 each Oct. and April
1, to April 1, 1917, inclusive.—F.
Dated April 1, 1902. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,026,000.
Outstanding—$208,000.
Retired—$818,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 101 and
interest.
Secured by a conditional bill of sale on 17
locomotives, 350 dumping stock cars and 350 ore
cars, costing $1,265,757, of which $239,757 was
paid in cash.
Original Market—Offered. in 1907 by Hall-
oo & Co. and the Guaranty Trust Co., New
ork.
Market.
wee York—Bull & Eldredge, Coggéshall &
icks.
Registerabie
(THE) COLORADO FUEL & IRON CO. Gen.
< S. F. 5s. Due Feb. 1, 1943.—N. :
Dated February 1, 1893. Interest payable
February and August 1, at Chase National Bank,
New York.
Authorized—$6,000,000.
Outstanding—$5,678,000.
Retired—$117,000. -
Denomination—Coupon, $1,000.
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
_ Redeemable -at 105 and interest, on each
February 1st. for Sinking Fund only. :
Sinking Fund—2 cents per ton on all coal
mined and 5 cents per ton on all iron ore. This
fund is to be applied by the company to the pur-
chase of additional coal or ore properties, but if
not so invested, shall;be- paid to the Trustee.. A
Registerable
205
majority of the bondholders may demand that
the money’ be invested in bonds. The Trustee
shall buy’ bonds in the open market, but if not
purchasable at less than 105 and interest, bonds
shall be called.
Organization—Incorporated in Colorado in'
1892, for 20 years. Charter renewed for 20
years in 1912. ps
Secured by a first mortgage on 12,000 acres of
coal land, including the only anthracite coal field
west of Pennsylvania, extensive’ mines, coke
ovens and yards in various cities in Colorado; and
a second mortgage on 20,500 acres of coal lands
and extensive ‘coke ovens. The company leases
the coal properties of the Atchison, Topeka &
Santa Fe Ry. Co., and owns all of the stock of
the Colorado Industrial Co. Also controls the
Colorado & Wyoming and the Crystal River
railways, owning 80 miles of road.
Prior Liens—$1,100,000 bonds of absorbed
companies.
Report. Years ended June 30:
’ 1913~14 1912-13
Gross Earnings.. *$17,803,025 $24,815,888
Net Income.... :212,318 3,939,560 .-
Interest........ 2,021,103 2,026,780
*Decrease largely due to extended strike in
eoal mines. im
‘Listed on the New York Stock Exchange.
“eS Market.
New York—Bigelow & Co., J. H. Becker & Co.,
Rauscher & Childress, Gilman & Clucas.
Coens FUEL CO. Gen. 6s. Due May 1,
91
-—N.
Dated May 1, 1889. Interest payable May 1
and Nov. 1, at Trustee’s office.
Authorized—$1,200,000.
Outstanding—$20u,vvU0.
Retired by Sinking Fund—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
. ‘Trustee—Metropolitan Trust Co.,; New York.
“Redeemable at 110 and interest.
Sinking Fund—Annually, on May 1, or prior
thereto, $40,000 bonds are to be retired. If not
purchasable at less than 110 and interest, bonds
shall be called. :
Control—Absorbed by the Colorado Fuel &
Tron Co.
’ Secured ‘by a first mortgage on 20,500 acres
of developed coal land lgcated in Colorado.
Underlies—$5,600,000 Col. F. & I. Gen. 5s.
Bonds are reserved under that mortgage to
retire this issue.
_ Earnings—See Colo. F. & I. Gen. 5s above.
Listed on the New York Stock Exchange.
: Market.
New York—H. Duncan Bulkley, J. H. Becker &
Co., Jones & Lanman. ;
Philadelphia—Chas. Fearon & Co.
(THE) COLORADO INDUSTRIAL CO. Ist Conv.
Guar. 5s, Series ‘‘A,”” Ist Mortgage Guar.
5s, Series ‘‘B.” Due August 1, 1934.—F.
Dated August 1, 1904. Interest payable Feb.
and Aug. 1, at New York Trust Co., New York.
Authorized—$14,068,000 Series ‘‘A’’—$30,-
932,000 Series “B.””
Outstanding—$12,632,000 Series ‘“A’’—$20,-
535,000 Series ‘‘B.””
Retired by Sinking Fund—Series ‘‘A,’’ $381,000
—Series “B,’’ $278,000.
Denomination—Coupon, $1,000.
as to principal. Registered, $1,000.
ve New York Trust Co., New
ork.
Redeemable at 105 and interest for sinking
Registerable
‘und.
Convertible—The convertible privilege which
epplied to Series ‘‘A’’ bonds expired August 1,
Sinking Fund—The company shall pay
annually, on April 1, 2 cents per ton of coal and
206
5 cents per ton of iron ore mined. After April 1,
1915, the trustee may require these payments
to be increased to 4 cents and 10 cents respec-
tively. These payments to be applied to the
purchase and redemption of bonds.
Guaranteed principal and interest by the
Colorado Fuel & Iron Co.
Organization and Control—Incorporated in
Colorado in 1908, with a 20-year charter, to ac-
uire certain properties of the Colorado Fuel &
ron Co. All of the stock is owned by that com-
pany, which leases the property at a rental
equivalent to interest, sinking fund, taxes ahd
all other expenses. :
Secured by a first mortgage on 83,000 acres
of mineral and frontage lands in Colorado and
Wyoming, and leasehold interest in 43,000 acres
in Colorado and New Mexico, also on extensive
coke ovens and other equipment. Further se-
cured by a first lien on all of the stocks and bonds
of the Colorado & Wyoming Ry. Co. and the
Crystal River R. R. Co., owning 80 miles of
road in Colorado, $14,065,000 Col. Fuel & Iron
Debenture 5s, which fell due in 1911, and stocks
of several subsidiary companies.
Earnings—See Colo. F. & I. Gen. 5s, above.
Listed on the New York Stock Exchange.
Market.
; New York—Bigelow & Co., H. Duncan Bulk-
ey.
COLORADO MIDLAND RAILWAY CO. 1st.
4s. Due July 1, 1947.—F.
See Map 43. , '
Dated July 1, 1897. Interest payable Jan. and
July 1, at 26 Liberty St., New York, Jan., 1913,
and subsequent interest in default.
Authorized—$10,000,000.
Outstanding—$9,532,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
' Organization and Control—Incorporated ‘in
Colorado in 1897. Now in the hands of a
receiver. f os a :
Practically the entire capital stock is.owned by
the Colorado Southern Ry. Co. and the
Denver & Rio Grande R. R. Co. The C. & S.
Ry. Co. has made arrangements to sell its share
of the stock of this company.
Secured by a first mortgage on (5) 261 miles of
road from Colorado Springs to New Castle,
Colo., and branches, and trackage and leasehold
interests in 76 miles additional road including
from New Castle to Grand Jct., Colo. These
bonds are outstanding at the rate of $36,500 per
mile on the road owned.
Net from Operation, 6/30/14..... $67,545
Deductions............-.-.00005 208,229
No interest was paid in 1918-14.
Listed on the New York Stock Exchange.
Market.
New York—L. M. Prince & Co., F. H. Hatch
& Co., Gude, Winmill & Co.
COLORADO POWER CO. Ist 5s. Due May
1, 1953.—F.
Dated April 1, 1918. Interest payable May 1
and November 1, at Columbia Trust Co.,
New York.
Outstanding—$4,127,000.
Registerable
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal only.
Trustee—Columbia Trust Co., New York.
_ Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in Colorado in
1913, as a reorganization of the Central Colorado
Power Co. and the Leadville Light & Power Co.
Secured by a first mortgage on hydro-electric
lant, with present development of 40,000
orse power, located on the Grand River, near
Glenwood Springs, Colo., transmission lines to
Leadville, Boulder, Denver and other cities in
Colorado, a total length of about 200 miles, and
on plant distributing electricity in Leadville.
Net Earnings, 12/31/14. ...... $508,390
Interest 5 206,275
Market.
-Boston—F, W. Mason & Co., L. Sherman
Adams. :
é New York—S. L. Snowden, Gude, Winmill &
a.
COLORADO SOUTHERN, NEW ORLEANS' &
PACIFIC RAILROAD Equip. 5s, Series
A.” Due $80,000 each Aug. and Feb. 1,
1917, inclusive.—F.
Dated February 1, 1907. Interest payable
Feb. and Aug. 1, at Bankers’ Trust Co., N. Y.
Authorized—$1,600,000.
Redeemed—$1,280,000.
Outstanding—$320,000. .
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Guaranteed principal and interest by the St.
Louis & San Francisco.R..R. Co. (now in hands
of receiver).
Organization and Control—Incorporated in
Louisiana in 1905, name changed to New Orleans,
Texas & Mexico R. R. Co. All of the stock is
owned by the St. Louis & San Francisco R. R.
Co. Both companies are now in receivers‘ hands.
Secured by an equipment trust agreement on
38 locomotives, 20 cabooses, 75 oil tank cars,
200 ballast cars, 250 flat cars and 500 box cars,
cone $1,895,136, of which $295,136 was paid in,
cash. :
Original Market—Offered in 1907 by Rudolph
Kleybolte & Co. (now. Kleybolte, Baker & Co.),
Cincinnati and New York, on a 5% basis.
: Market.
New York—Kleybolte, Baker & Co.
Cincinnati—Rudolph, Kleybolte & Co.
COLORADO SPRINGS & CRIPPLE CREEK
DISTRICT RAILWAY CO. Ist 5s. Due
Jan. 1, 1930.—N..
See es 43.
Dated January 1, 1900. Interest payable Jan.
and July 1, at Chemical National Bank, New
York, and at Colorado Springs.
Authorized—$2,000,000. }
Cancelled by Sinking Fund—$512,000.
Outstanding—$1,488,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable prior to Jan. 1, 1915, at 110 and
interest, between Jan. 2, 1915, and Jan. 1, 1920,
at 10744 and interest, between Jan. 2, 1920, and
Jan. 1, 1925, at 105 and int., between Jan. 2, 1925,
and Jan. 1, 1928, at 102 4and interest, and there-
after at par.
Sinking Fund—5% of gross earnings, payable
every six months, to be applied to the purchase
of these bonds at not exceeding 110 and interest.
If not purchasable bonds shall be called. .
Organization and Control—Incorporated in
Colorado in 1897. Practically the entire capital
stock is owned by the Colorado & Southern Ry.
Co., and_the property leased to the Florence &
Cripple Creek R. R. Co. All of the stock of this
company is owned by the Cripple Creek Central
Ry. Co., which is a holding company. ‘
Secured by a first mortgage on (3) 74 miles of
toad from Colorado Springs to Cripple Creek,
Col., and branches. These bonds are outstanding
at the rate of $20,000 per mile. The road serves
a rich mining district, gold, silver, copper, lead
and coal being mined along its lines.
Underlies—$1,379,000 Consol. 5s, Bonds are
reserved under that mortgage, and also under
the Ref. & Extension Mortgage of the Colorado
& Southern Ry. Co. to retire this issue.
Net Earnings, 6/30/13.......... $214,939
Interestiin wanted sees ian tae aoare 217,845
This issue....... Se gubraherg le Aca Sun ale 77,415
Registerable
fae Market.
.New York—Wnm. A. C. Ewen, Knauth, Nachod
& Kuhne, F. H. Hatch & Co., Wolff & Stanley,
McGeorge & Vanderhoef, Rauscher & Childress,
Wood, Struthers & Co., Gude, Winmill & Co.
Philadelphia—Sweet, Causey, Foster & Co.,
G. N. Fleming.
Baltimore—Jenkins, Whedbee & Poe, Mac-
kubin, Goodrich & Co., Strother, Brogden & Ca,
Omaha—City Trust Co.
COLORADO SPRINGS & CRIPPLE CREEK
DISTRICT RAILWAY CO. Ist Cons. 5s.
Due Oct. 1, 1942.—F. ;
See Map 43. ~
Dated October 1, 1902. Interest pasties
April and Oct. 1, at Chemical National Bank,
New York, and at Colorado Springs.
Authorized—$3,600,000. —
Outstanding—$1,379,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—See Ist 5s above.
Secured by a second mortgage on (3) 74 miles of
road described under the 1st 5s above, subject
to the prior lien of those bonds at the rate of
$20,000 per mile. These bonds are outstanding
at the rate of $18,800 per mile. :
Prior Liens—$1,488,000 Colo. Springs &
Cripple Creek Dist. 1st 5s of 1930.
Refunding—Bonds are reserved under the
Ref. & Extension Mortgage of the Colorado &
Southern Ry, Co. to retire this issue. .
Net Earnings, 6/30/14.......... $214,939
TOPOREs cas ¢ cn nh.4 dt aewed ya vee 217,845
Market.
New York—Bigelow & Co., F. J. Lisman &
Co., Rauscher & Childress, McGeorge & Vander-
hoef.
Philadelphia—Sweet, Causey, Foster & Co.
COLORADO SPRINGS ELECTRIC CO. Ist
5s. Due April 20, 1920.—F. :
Dated April 20, 1900. Interest payable April
and Oct. 1, at Trustee’s office, New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee--New York Trust Co., New York.
Redeemable at 110 and interest on any interest
date on 90 days’ notice. i
Control—Absorbed by the Colorado Springs
Light, Heat & Power Co., which is controlled
through stock ownership by the United Gas &
. Corp.
Secured by a first mortgage on plant supply-
ing electricity to Colorado Springs, Col. Ee
lation served, 42,000. Franchises extend be-
yond maturity of bonds. :
Underlies—$1,305,000 Colorado Springs Light,
Heat & Power Co. 1st & Ref. 5s of 1920. Bonds
are reserved under that mortgage to retire this
issue.
Net Earnings, 12/31/14........ . $235,791
sdaterests ciacsies ssn pans ax 137,823
' This issue... 11,328
Original Market—Offered in 1911 by Bertron,
Griscom & Jenks (now Bertron, Griscom & Co.),
New York and Ebiadelpnla) at par and interest,
arket.
New York—Bertron, Griscom & Co., McGeorge
& Vanderhoef, Rauscher & Childress, Gude,
Winmill & Co.
Philadelphia—Geo. P. Bissell, Oscar R. Dare
& Co., Mellor & Petry.
Boston—F. W. Mason & Co.
Portland—Fidelity Trust, Co.
COLORADO SPRINGS LIGHT & POWER
CO. ist 5s. Due April 1, 1919.—F,
Dated April 1, 1899. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized and Outstanding—$300,000.
207
Denomination—Coupon, $500 and $1,000.
Trustee—The New York Trust Co., New York.
Control—Absorbed by Colorado Springs Light,
Heat & Power Co.
_ Secured by a first mortgage on plant supply-
ing gas to Colorado Springs, Col. Population
served, 42,000. Franchise for gas and electricity
in Colorado Springs expires in 1923, and for
electricity in Manatou 1926.
Underlies—$1,305,000 Colorado Springs Light,
Heat & Power Co. Ist & Ref. 5s of 1920. Bonds
are reserved under that mortgage to retire this
issue.
Earnings—See Col. Spgs. El. Co. 5s above.
_, Original Market—Offered in 1911, by Bertron,
Griscom & Jenks, New York and Philadelphia,
at 99 and interest.
Market.
New York—Bertron, Griscom & Co., Gude,
Winmill & Co., Kirkvatrick & Lewis.
Portland—Fidelity Trust Co.
Philadelphia—Geo. P. Bissell, Oscar R. Dare,
Mellor & Petry. :
Boston—F. B. Bassett & Co.
COLORADO SPRINGS LIGHT, HEAT &
POWER CO. Ist & Ref. 10-year-5s. . Due
Aug. i, 1920.—F.
Dated August 1, 1910. Interest payable Feb.
land Aug. 1, at New York Trust Co., New York.
Authorized—$3,500,000. : E
Outstanding—$1,305,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal.
Trustees—New York Trust Company, N. Y.,
and Mortimer N. Buckner.
Redeemable at 105 and interest on any interest
date on or before Feb. 1, 1917, and at 1024 and
interest on any interest date thereafter.
Organization and Control—Incorporated in
Colorado in 1910. A majority of the stock is
owned by the United Gas & Electric Co., which
is controlled through ownership of its entire
capital stock by the United Gas & El. Corp.
Secured by a first mortgage on plant supply-
ing electricity to Manitou, Col., and a second
mortgage in plants supplying gas and electricity
in Colorado Springs, Col. Population served,
Colorado Springs, 42,000; Manitou 1,800.
Franchises for gas and electricity in Colorado
SprLie expire in 1928, for electricity in Manitou
in 1926.
Prior Liens—$1,300,000 bonds of absorbed com-
panies, to retire which bonds are reserved under
this mortgage.
and
Net Earnings, 12/31/14......... $235,791
Interest........ eRe creso eyes ew eao Re hace 137,823
Original Market—$1,200,000 offered Oct.,
1910, by Bertron, Griscom & Jenks, New York
and Philadelphia, at 9414 and interest.
_ Market.
New York—Bertron, Griscom & Co., Coffin
& Co., Gude, Winmill & Co., Chandler Bros. &
Co., Kirkpatrick & Lewis.
Philadelphia—Mellor & Petry, Oscar R. Dare.
% : piggies A. Fernald & Co., F. W. Mason
0.
Providence—Miller & George.
Colorado Springs—Newbold, Taylor & Gauss.
Denver—W. C. Packard.
COLUMBIA & GREENVILLE RAILROAD CO.
Ist 6s. Due Jan. 1, 1916.—N.
See Map 120.
Dated January 1, 1881. Interest payable
January and July 1, at J. P. Morgan & Co.,
New York.
Authorized—$2,000,000.
Outstanding—$1,925,000. P
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—Merged into the Southern Ry. Co.
Secured by a first mortgage on (3) 165 miles of
road from Columbia to Greenville, S. C., and
branches to Abbeville and Anderson. These
bonds are outstanding at the rate of $11,700 per
mile. ,
Underlies—$126,000,000 Southern Ry. Co.
bonds and notes. Bonds aré reserved under
the Consolidated Mortgage to retire this issue.
Legal for Balt. :
Listed on the New York, Baltimore and Rich-
mond Stock Exchanges.
Market. « 7
New York—Wolf & Stanley, Coffin & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
C. D. Barney & Co., Graham & Co.
Baltimore—Baker, Watts & Co.,
hed! & Poe, Mackubin, Goodrich & Co.,
Townsend Scott & Son, Strother, Brogden & Co.
COLUMBIA & MONTOUR ELECTRIC CO. lst
5s. Due Feb. 1, 1943.—F.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1913. Interest payable Feb. 1
gpd Ane. 1, at H. D. Walbridge & Co., New
ork.
Authorized—$1,000,000.
Outstanding—$538,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal. ‘ s
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at 105 and
interest. : nt ,
Organization—Incorporated in Pennsylvania,
to operate the electric properties in Danville,
Bloomsburg, Berwick, Nescopeck and _ inter-
mediate territory in Pennsylvania and the gas
properties in Danville and Bloomsburg, Pa.
30 owns 90% of the entire capital stock
($375,000) of the North Branch Transit Co.,
operating an electric railway connecting the same
towns.
Controlled through stock ownership by the
Northern Central Company. |
Sf gestae LmaN D. Walbridge & Co., New
ork.
Secured by a mortgage, subject to $24,800
prior liens, on plants supplying electricity in
Berwick, West Berwick, escopeck, Blooms-
burg and Danvillé, Pa., and plants supplying
gas to Bloomsburg and Danville, Pa. Property
includes 30 miles of transmission lines and both
steam and hydraulic electric generating stations.
Population served, about 36,000. Franchises are
reported as perpetual.
Underlies—$567,500 2nd 5s.
Net Earnings, 12/31/14.......... $73,641
Original Market—Offered in 1914 by E. R.
Barnard, Philadelphia at a price to yield 54%.
Market.
Philadelphia—E. R. Barnard, Robt. D. Ghris-
i & Co., Oscar R. Dare & Co., Rufus Waples
0.
Chicago —Devitt, Tremble & Co.
COLUMBIA & PORT DEPOSIT RAILWAY CQ.
ist 4s. Due Aug. 1, 1940.—F.
See Map 99.
Tax exempt in Pennsylvania and Maryland.
Dated Aug. 1, 1890. Interest payable Feb.
and Aug. 1, at Broad Street Station, Phila.
Authorized and Outstanding—$1,800,000.
_ Owned by the Pennsylvania R. R. Co., sub-
sidiary companies and beneficial associations
connected therewith, $1,189,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—John P. Green.
Organization and Control—Incorporated in
Pennsylvania and Maryland in 1890.: The
entire capital stock is owned by the Philadelphia,
Wilmington & Baltimore R. R. Co. (a subsidiary
of the Pennsylvania R. R. Co.), which operates
the road under an operating agreement, the
rental being the net earnings.
Secured by a first mortgage on (2) 42 miles
Registerable
208
of road from Columbia, Pa., to Perryville, Md.
These bonds are ‘outstanding at the rate of
$48,000 per ‘mile.
Net Harniage, 12/31/14.......... $290,841
Interest, ete}... 0... eee ee 142,599
Legal for Balt. and Me.
Market.
Philadelphia—E. W. Clarke & Co.
COLUMBIA & ST. LOUIS RAILROAD CO. Ist
4s. Due May 1, 1942.—F.
. See Map 126.
-Dated May 1, 1902. Interest payable May
and Nov. 1, at company’s office, 165 Broadway,
New York.
Authorized—$300,000.
Outstanding—$200,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Mississippi Valley Trust Co., St.
Louis.
Guaranteed en panko and interest by the
Wabash R. o., now in receivers’ hands.
Gantrst Absorbed by, Wabash R. R. Co.,
which is now in receivers’ hands.
Secured by a first mortgage on (2) 22 miles of
road from Centralia to Columbia, Mo. These
beads are outstanding at the rate of $9,000 per
mile.
Underlies—$76,000,000 ‘Wabash R. R. 1st 5s,
Debenture 6s and 1st Refdg. & Exten. 4s. Bonds
are reserved under the last named mortgage
(interest on which is now in default) to retire
this issue.
Legal for Me. and Mo.
Mar
New York—F. J. Lismay, '& Co., Coffin & Co.,
Newborg & Co., A. E. Fitkin & Co.
St. Louis—W. R. Compton & Co.
(Closed mortgage.)
Registerable
COLUMBIA GAS & ELECTRIC CO. we w.
- VA.) Ist 5s. Due Jan. 1, 1927.—)
Dated January 1, 1907. Interest Tabla
Janiiary and July 1, at Trustee’s office, New
ork.
Authorized—$25,000,000.
Ha eae 965, OO;
Held in Treasury—$1,7
pees by Sinking Pines: '376, 500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 105 and interest on any interest
date on four weeks’ notice, or at par and interest
for sinking fund.
Sinking Fund—Annual payments of 5% t
1916, 6% 1917-1920, 7% 1921-1924 and 8%
1925-1927 of outstanding bonds. This fund
may be left with the Trustee at interest; used for
the purchase or redemption of these bonds at
not over ‘par and interest or invested in other
securities approved by the Trustee. The mort-
gage provides that the sinking fund payments
will be sufficiently increased, with the issue of
additional bonds after 1910, to retire all bonds
by maturity.
Organization—Incorporated in West Virginia,
in 1906, and controls gas and electric business in
Cincinnati, Ohio, ‘and vicinity, and street rail-
ways in cities in Kentucky opposite Cincinnati.
Secured by a first mortgage on about 280,000
le of gas‘ lands in est Virginia.‘ Also
ured by a first lien on $8,500,000 of the
$15, 000,000 stock of the Union Gas & Electric
Co., which supplies gas and electricity in Cin-
cinnati, Ohio, and vicinity, and controls com-
panies owning 200 miles of Raid line from the
property of the Columbia Gas & Elec. Co. to
Cincinnati. Also secured on one-fourth of the
capital stock of the East Ohio Gas Co., operating
natural gas lines in the vicinity of Cleveland,
Ohio. Population served, not including East
Ohio Gas Co., 500,000.
The Columbia Gas &
209
Elec. Co. leases the Cincinnati, Newport &
Covington Light & Traction Co., operating 67
miles of street railway connecting Cincinnati with
Covington, Newport and other cities in Kentucky}
and controls company supplying electricity in
same communities.
Franchise for gas in Cincinnati expires in 1980,
for electricity in Kentucky towns, franchise is
perpetual.
Net Earnings, 12/31/14 $1,066,246
INCTESt x sss 6 eterno oH
Listed on the Cincinnati, , Washington and
Pittsburgh Stock Exchanges.
Original Market—Offered 1908, by White &
Co. of New York and Cincinnati, on a 6% basis.
Market.
New York—wW. E. Hutton & aoe J. S. Bache
& Co., J. K. Rice, Jr., & Co., hite' & Co, A.
Fitkin & Co., Gude, Witt, & Co., F. H.
Hatch & Co., Hartshorne & Bavcellts E. & C.
Randolph, A. B. Leach & Co. A. Norton,
xr epatrick 4 & Lewis, J. HH Howell & Co., Ernest
Smit Taylor & ae John D. ee &
Co., Didrichsen & Co., Howe, Norris & Co.,
Gilbert Elliott & Co.
Chicago—Hulburd, Warren & Chandler, A.
B. Leach & Co.
Philadelphia—Chandler Bros. :& Co.
Bostoh—A. B. Leach & Co., Sollers, Phillips &
Co., C. D. Parker & Co., Hotehkin & ‘Co.
Baltimore—Poe & Davies.
Albany—John J. Hart.
Cleveland—F. J. Weideman & Co., Borton &
Borton. « :
Gate Ge E. Hutton & Co.; C. C. Murray
Co., Claude Ashbrooke & Co., A. Frank.
Pittsburgh—H. P. Taylor & Co., | "Ballard & Me-
Connell.
Salem—Wm. S. Felton & Co.
Buffalo—H. P. Taylor & Co.
COLUMBIA, NEWBERRY & LAURENS RAIL-
ROAD CO. 1st 3s. Due July 1, 1937.—N.
’ See Map 5. ah Og
Dated July 12, 1887. Interest payable Jan.
and July 1, at Safe Deposit & Trust Co., Balti-
more. Interest reduced from 6% to 3% in 1900,
and ‘holders given 40% in 5% Income Ctifs.
Authorized—$3,000,000, but limited to $12,000
per mile of road.
Outstanding—$899,000. $11,000 are held in
the treasury, and $318,000 owned by the Atlantic
Coast Line Co. of_Connecticut.
Denomination—Coupon, $1,000.
Registerable
as to ae only, or fully registerable. Regis-
tered, $1,000.
Trustee—Safe Deposit & Trust Co., Balti-
more,
Organization—Incorporated in South Caro-
lina in 1886.
Secured by a first mortgage on (2) 75 miles of
road from Columbia to Laurens, S. C. These
bends are outstanding at the rate of $11,400 per
mile
Underlies—$410,000 notes and certificates of
indebtedness.
Net Earnings, 6/30/14. . $78,952
Interest sie. os ecicis es Sas 28,610
Market.
New York—L. F. Hepburn, F. J. Lisman & Co.,
Chandler | Bros. Ca.
Baltimore—Baker, Watts & Co., Mackubin,
Goodrich & Co.
COLUMBIA (Ss. C.) R RAILWAY, GAS & ELEC-
‘RIC CO. Ast S. F. 5s. Due July 1, 1936.
™
Dated July . 1, 1911. Interest, payable Jan.
and July 1, at Redmond oo Co., New York.
Authorized—$7, 500,00!
Outstanding—$2,723, 000.
Held in ‘Treasury —$80, 000.
Denomination—Coupon, $1, 000, Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—Commencing Dec. 15, 1915,
and annually thereafter, 1% of outstanding
bonds to purchase bonds at not exceeding 105
and interest. If not purchasable, bonds are to
be called.
Organization—Incorporated in S. C. in 1891
for 50 years.
Secured by a first mortgage on 23 miles of
street railway, including all of the lines in Colum-
bia, S. C., hydro-electric and steam generating
plants and distribution system for supplying
that city with electricity, and by a second mort-
gage on a canal from the Congaree River, 3 miles
long and 110 feet wide at the bottom. Also
secured by a first lien, through the deposit of all
of the stocks and bonds of company owning the
property, on plant supplying gas in Columbia.
Population served, 30,000. Franchises are per-
petual.
The company alse owns all of the stock and
guarantees the bonds of the Parr Shoals Power
Co., which owns a hydro-electric plant on Broad
River, 27 miles from Columbia.
Prior Lien—$200,000 Columbia Canal 6s, due
$100,000 in 1918 and $100,000 in 1919.
Net Earnings, 12/31/14......... $335,402
Interest... ccs ie cies a ead Feast ate ge 141,393
Legal for R. I. :
Listed on the Baltimore Stock Exchange.
Original Market—$2,400,000 offered in 1911,
at 94 and interest, by Redmond & Co., New York,
and E. H. Rollins & Sons, New York, Boston,
etc.
Market.
New York—G. W. Walker & Co., Redmond &
Co., E. H. Rollins & Sons, John D. Curtis &
Co., Gude, Winmill & Co.
Baltimore—Strother, Brogden, & Co., Baker,
Watts & Co., Sutton & Co., J. S. Wilson, Jr., &
Co., Walter Koppelman, Townsend Scott & Son.
Jenkins, Whedbee & Poe.
Boston—BE. H. Rollins & Sons, H. C. Gibbs &
Co., L. Sherman Adams. ‘
COLUMBUS & HOCKING VALLEY RAIL-
ROAD CO. Ist 4s. Due Oct. 1, 1948.—F.
See Map 19.
Dated October 1, 1867. Extended Oct. 1,
1897, interest being reduced from 7% to 6%.
Again extended March 1, 1899, interest being
reduced to 4%. Interest payable April and Oct.
1, at J. P. Morgan & Co., New York.
Authorized—$1,500,000.
Outstanding—$1,41'1,000.
Cancelled—$99,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Control—Absorbed by the Hocking Valley Ry.
Co.
Secured by a first mortgage on (16) 117 miles of
road from Columbus to Athens, Ohio, and
branches. These bonds are outstanding on an
important part of the main line of the Hocking
Valley Ry. Co. at the rate of $12,000 per mile.
Underlies—$16,030,000 Hocking Valley Ry.
1st Cons. 4s of 1999, under which mortgage
bonds are reserved to retire this issue, and $4,000,-
000 notes.
Earnings—See Col. & Toledo 4s below.
Legal for Cal., Me. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Spencer Trask & Co., Wm. A. C.
Ewen, Ladd & Wood, J. H. Becker & Co.
Boston—E. H. Rollins & Sons.
COLUMBUS & NINTH AVENUE RAILROAD
CO. ist 5s. Due September 1, 1993.—F.
Dated August 24, 1893. Interest payable
March and September 1, at National Bank of
Commerce, New York.
Authorized and Outstanding—$3,000,000.
210
Denomination—Coupon, $1,000. .Registerable
as to principal. Registered, $1,000.
Trustee—Guaranty Trust Co., New York.
Assumed by the New York Railways Co...
Control—Merged into the New York Rys. Co.,
which is controlled through stock. ownership by
the Interborough-Metropolitan Co.
Secured by a first mortgage on.2}4 miles of
double-tracked street railway on Columbus
Ave., from 65th St. to 110th St., and branch to
106th St. and Amsterdam Ave. HY
Underlies—$48,400,000 New: York Railways
1st Hee Derle & Ref. 4s of 1942 and Adj. Inc.
5s 0 aa :
Net Earnings,.6/30/14. $4,442,959
Interest and rentals.... , 4,489,026
THISMESUC is. 6 eos ics Woe ooo ine 2,320,452
Listed.on the New pore Block Exchange.
bok Ay - ')) ' Market. -- 3
New York—Knauth, Nachod & Kuhne, Pater-
son & Co.,' Wolff & Stanley, J. S. Bache & Co.,
L. F. Hepburn, F. J. Lisman & Co., Pouch & Co.,
Newborg & Co., Blodget & Co., J:.K. Rice, Jr.,
& Co., Plympton, Gardiner & Co., Hartshorne &
Battelle, L. A. Norton, Tobey & Kirk, Season-
on & Haas, Jones & Lanman, Leonard. Snider
& Co. -_..
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
COLUMBUS &: TOLEDO RAILROAD CO.
1st 4s.. Due Aug. 1,:1955.—F,.
See Map 19. :
Dated Aug. 1, 1875. Extended Aug. 1,
1905, interest being reduced from 7%. Interest
payable Feb. and Aug. 1, at J. P. Morgan & Co.,
New York. 3
Authorized—$2,500,000. .
Outstanding—$2,441,000.
Retired—$59,000. ua
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Guaranty Trust Co., New York.
Assumed by the Hocking Valley Ry. Co.
..Control—Absorbed by the Hocking Valley
Ry. Co. :
Secured by a first mortgage on (15) 118 miles of
road from Columbus to Walbridge, Ohio, outside
of Toledo. These bonds are outstanding at
the rate of $20,700 per mile on an important part
of the main line of the Hocking Valley Ry. Co.
Underlies—$16,030,000 Hocking Valley Ry.
1st Cons. 414s of 1999, under which mortgage
bonds are reserved to retire this issue, and
$4,000,000 notes. .
Registerable
Net Earnings, 6/30/14.......... $2,113,357% |
Enterest, et6. 05 2.44544 1,148,503
18 ISSUG xs Jays suine see at ast 427,153
. *$3,128,000 in 1912-13.
Listed on the New York Stock Exchange.
Market. :
New York—Spencer Trask & Co., Wm. A. C.
Ewen, Ladd & Wood, J. H. Becker & Co.
Philadelphia—C. C. Harrison, Jr., & Co.
COLUMBUS, BUCKEYE LAKE & NEWARK
TRACTION CO. Ist 5s. Due Nov. 1,
1921.—F.
Dated Nov. 1, 1901. Interest payable March
and Nov. 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,243,000.
Denomination—Coupon, $1,000.
Trastee—Columbia Trust Co., New York.
,_ Redeemable on any interest date at 110 and
interest.
Assumed by Columbus, Newark & Zanesville
Elec. Ry. Co.
Control—Absorbed by Col., New. & Zanesville
Elec. Ry. All the common stock of that company
is owned by the Ohio Electric Ry. Co. and prop-
erty leased to Indiana, Columbus & Eastern Trac-
tion Co. This lease has been assigned to the
Ohio Electric Ry. Co.. nee
Secured by first mortgage on line from, Colum-
bus to Newark, Ohio, and amusement park: at
Buckeye Lake, and city lines in Newark. Fran-
chises: expire in 1925 and 1928. ‘Population
nea Columbus, 181,000, remaining territory;
‘Underlies—$1,2 211,000 Columbus, Newark &
Zanesville Elec. Ry. 5s.
Net Forainens Ohio El. Ry.,
$1,547,029
1,159,884
367,148
Market.
New York—L. F. Hepburn, F. H. Hatch & Co.,
Burgess, Lang & Co., Coffin Co., Curtis &
Sanger, R. B. Hathaway & Co., Dewing & Co.,
Adams & Co., Kirkpatrick & Lewis.
Philadelphia—R. M. Stinson & Co., E. R.
Barnard, S. K. Phillips, Oscar R. Dare.
Boston—Burgess, Lane & Co., L. Sherman
Adams, Adams & Co., Ww. Meson. & Co.
« Portland—Chas. H. Gilman & Co., Fidelity
Trust Co.
Chicago—E. H. Hulburd,
Warren & Chandler.
Rollins & Son,
COLUMBUS CONNECTING & TERMINAL
RAILROAD CO. 1st 5s. Due Jan. 1, 1922.
See | Map 87.
Dated ay 4; 1892. Interest payable Jan.
and July 1, at Metropolitan Trust Co., New York,
or company’s office, Philadelphia.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $500. Registerable
as to principal.
Trustee—Metropolitan Trust Co., New York.
Assumed by the Norfolk & Western Ry. Co.
a onteel es veer bed by the Norfolk & Western
y- Co.
Secured by a first mortgage on (1) 4 miles of
road and terminals in Columbus. 10.
Underlies—$81,000,000 Norfolk & Western ist
Consol. 4s Divisional 1st Lien & Gen. 48 and
Debentures. Bonds are reserved under the first
named mortgage to retire this issue.
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
Mo., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Gude, Winmill & Co., Denny,
Pomroy & Co., Remick, Hodges & Co.
Philadelphia—Graham & Co.
COLUMBUS, DELAWARE & MARION ELEC-
TRIG RAILROAD Ist 5s. Due May 1, 1921.
ian May 1, 1901. Interest payable May
and Nov. 1, at Trustee’s office and National Bank
of Commerce, New York. Nov. 1, 1912, interest
paid May 1, 1914, and subsequent interest pay-
ments have been made six months after due.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,0
Trustee—Cleveland Trust Co., “Cleveland, oO.
Control—All of the stock is owned by the Col-
umbus, Del. & Marion Ry. Co., which is now in
hands of receiver.
Secured by first mortgage on 66 miles of road
from Columbus to Marion, Ohio, including 7
miles of city lines in Delaware, Ohio, and other
branches. Population served, exclusive of Col-
umbus (181, 000), about a 000. All interurban
road on private right of wa:
Underlies—$920,000 5s ‘al the Col., Del. &
Marion Ry.
Net Earnings, Ry. Co., 6/30/14.. set 417
Interest and Taxes.............. 156
Market.
New York—Kirkpatrick & Lewis.
Chicago—Hulburd, Warren & Chandler.
Columbus—F. W. Freeman.
211
COLUMBUS (GA.) ELECTRIC CO. Ist Coll. Tr.
5s. Due April 1, 1933.—.
Dated April 1, 1903. Interest. payable April 1
and Oct. 1, at Old. Colony Trust Co., Boston,
Authorized—$1,500,000.
Outstanding—$758,0 00.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
i pedeemable at 105 and interest on any interest
ate.
Organization—Incorporated in Maine in 1903
as a holding company.
Management—Stone Webster & Co.
Secured by a first lien on all of the stock and
funded debt of the Gas Light Co. of Columbus;
$370,000 of the $428,000 first mortgage bonds,
all of the second mortgage bonds, notes and
stock of the Columbus R. R. Co. and $121,300
of the $350,000 preferred and all of the common
stock of the Columbus Power Co. These com-
panies own hydro-electric and steam generating
Plants and distribution systems supplying elec-
tricity in Columbus, Ga., and Girard and Phoenix,
Ala., plant supplying gas and the entire street
rajlway system, embracing 26 miles of track, in
Columbus, Ga., and Girard and Phoenix, Ala.
Population served, 35,000. Principal franchise
are perpetual.
Prior Liens—$2,482,000 Columbus Power Co.
5s.
Net Earnings, 12/31/14.......... $383,272
ANLOPESt; (Obs ous. c scents a hc hae a eee 324,637
Market. |
Boston—Stone, Webster & Co.,
New York—L. F. Hepburn, 8S. L. Snowden,
Kirkpatrick & Lewis.
Columbus—F. W. Freeman.
COLUMBUS (GEORGIA) ELECTRIC COM-
vee 3-Year 5% Notes. Due July 1,
—N.
Dated, “July 1, 1911, Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$1,000,000.
Proceeds of these notes were used for new
construction in the further ,development of
water power made necessary by the increased
demand for eleetrical power for manufacturing
purposes.
Denomination—Coupon, $1, 000, $500 and $100.
Trustee—Commonwealth Trust Co., Boston.
Redeemable as a whole at 101 and interest on
any interest date upon 60 days’ notice.
Organization—Incorporated in 1903 and owns
all the securities of the Gas Light Co. of Colum-
bus, all the common stock and $121,300 of the
$350,000 preferred stock of the Columbus Power
Co., all the stock, notes and 2nd mtge. bonds
and $370,000 of the $450,000 1st mtge. bonds
of the Columbus R. R. Co. owning about thirty
miles of track. These companies do the entire
street railway, lighting, gas and power business
of Columbus, Ga.
Management—Stone & Webster.
Security—A direct obligation of the company
but not secured by mortgage. Indenture pro-
vides that company shall not place any lien upon
any of its property without equally securing
Registerable
these bonds. Franchises a Population
served: Railway, 37,000; lectricity, 63,000;
Gas, 22,000.
Prior’ Liens—$758,000 out of an authorized
amount of $1,500,000 1st Mortgage Coll. Tr.
5s due April 1, 1933, and $2,482,000 Columbus
Power Co. Ist bs due 1936, gtd. principal, interest
and sinking fund by the Columbus Electric Co.
Net Earnings, 12/31/13 349,832
Interest and sinking fund........ 272,679
Co., Curtis & Sanger,
ee
Boston—Estabrook &
Merrill, Oldham & Co., Stone & Webster.
New York—Curtis & Sanger, Estabrook & Co.,
Hornblower & Weeks, Gude, Winmill & Co.
ee 28 GAS CO. Ist 5s. Due
July
Dated ‘Oct. 1, 1892. Interest | Reyeble Jan.
and: July 1, at Equitable Trust Co., New York. |
Authorized—$1,5'
Outstanding—$1, aes. 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust _Co., New York.
Assumed by Columbus Gas & Fuel Co,
Organization—Incorporated in 1892 and
ee all the property, franchises, etc., of
lumbus Gas, Light & Coke Co. In 1906 was
Conildated into the Columbus Gas & Fuel Co.,
which owns leases to about 40,000 acres of
te and oil land and sells natural gas in Columbus,
io. a
Secured by first mortgage on an artificial gas
plant in Columbus covering over 10 acres of
and. Franchises perpetual. Population served,
186,000.
Net Sena after Interest,
BY BUSTS Se ssp ezajeratinven otis sone Sac $354, 251
Listed on New York, Columbus and Cincinnati
Stock Exchanges.
Market.
New York—L. F: Hepburn, Bigelow & Co.,
Fred H. Hatch & Co., W. E. Hatton & Co. ep
Low, Dixon & Co., Rauscher & Childress, L. A.
Norton, John D. Curtis & Co.
Philadelphia—Chas. Fearon & Co., Oscar R.
Dare & Co., F. R. Welsh, Reed & Huntoon.
Chicago—-Hulburd, Warren & Chandler:
Cincinnati—Claude Ashbrook & Co.
Columbus—F. W. Freeman.
COLUMBUS, LONDON & SPRINGFIELD
RAILWAY Ist 5s. Due Oct. 1, 1920.—N.
Dated Oct. 1, 1900. Interest payable April
and Oct.'1, at Trustee’s office. —
Authorized—$1,500, 00. ret
Outstanding—$631,
Retired by Sinking’ Pand—$119,0
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 110 and interest.
Sinking Fund—5% of gross earnings annually
are to be applied to the purchase or redemption
of these bonds at not exceeding 110 and interest.
Guaranteed as to interest under the terms of
the lease.
Organization—Incorporated in Ohio in 1900
and merged in 1906 into the Indiana, Columbus
& Eastern Traction Co., owning about 250 miles
of interurban _ lines between Columbus, Orient,
Springfield, Dayton, Union City, Lima, ete.,
which are leased tothe Ohio Electric Railway Co.
Control—Leased to and entire common stock
owned by Ohio Electric Railway Co. -
Secured by first mortgage on 15 miles of rail-
‘way track in Columbus, London and Springfield
and 60 miles between those cities.
Underlies—$6,400,000 Ind., Col. & Eastern
5s due 1926, which provide for retirement of
this issue.
‘Net ae Ohio EI. Ry.,
00.
Registerable
16/80/18 i ais sxiesere ceria we aesiods $1,547,029
Rentals s cscs egiises seas was . 1,159,884
Interest). joc cose ea eb ho ws Bees 367,148
Mar
New York—Bigelow ee Go. F. H. Hatch & Co.,
Pures, ‘Lang & Co., Hartshorne & Picabia,
J. H: Becker & Co., Kirkpatrick & Lewis, Dew-
ing & Co., Adams & Co., Leonard Snider & Co.,
N. I. Nicholas & Co.
5 Philadelphia—S. K. Phillips, Geo. S. Fox &
ons.
Boston—L. Sherman Adams, Adams & Co.,
Burgess, Lang & Co:
COLUMBUS, NEWARK & ZANESVILLE
' ELECTRIC RAILWAY CO. lst 5s. Due
March 1, 1924.—F.
Dated — 1, 1904. Interest payable March
1 and Sept.:1, at ‘Trustee’ s office.
Authorized —$2,0 000.
” Outstanding—$1, 250,000. Closed mortgage by
Gen. ‘and Ref. 5s. |
Denomination—Coupon, $1,000.
as to principal. .
Trostee “Columbia Trust Co., New York.
Redeemable at 110 and interest as an entire
issue only.
Guaranteed as to interest under the terms of
the lease by the Ohio Elec. Ry. Co.
Oreaulaction —Ineorporated in Ohio in 1902
and road from Newark to Zanesville opened in
1904. Purchased the property of the Newark
& Granville Street Ry. which owned 6 miles in
Newark and 8 miles to Granville. Also acquired
the Col., Buckeye Lake & Newark Traction Co.
and the Zanesville Light & Power Co. Company
was leased to Indiana, Col. & Eastern Traction
Co. which lease has been assumed by : Ohio
Electric Railway Co., which pays the interest
on bonds direct. :
: eee stock owned by Ohio Elec.
y.
‘Secured by first mortgage on 44 miles of rail-
way, including the street railway system in
Newark, Ohio, and lines to Granville, Zanesville
and intermediate points. Franchises expire
in 1925 and 1928. Population served,.225,000.
Underlies—$1,211,000 Gen. & ‘Ref. 5s due
1926, which provide’ for retirement of this issue.
ri Earnings—See Columbus, London & Spring-
field 1st 5s, 1920, above.
Original Market—First offered by Baker,
Ayling & Co., Boston.
Market.
Oscar fy Dare, & K. PI & Co., Henry & West,
Sk! a are, S. K. Phillips, M.:M. Freeman
H. ‘Newbold’s Son: & 'Co., Reed &
Taran Bevin & Co., R. M. Stinson & Co.
Boston—Burgess, Lang & Co., L. Sherman
Adams, F. W. Mason & Co.
Portland—Chas. H. Gilman & Co.
Registerable
Chicago—E. H. Rollins & Sons, Hulburd,
Warren & Chandler.
New York—Burgess, Lang & Co., F. H.
Hatch &-Co., Penington, Colket & Co., Lawrence
Barnum & Co. Dewing < Co., Leonard Snider
& Co:, John D. Curtis & Co., Kirkpatrick &
Lewis.
COLUMBUS, NEWARK & ZANESVILLE
ELECTRIC RAILWAY CO. Gen. & Ref.
5s. Due May 1, 1926.—F.
Dated May 1, 1906. Interest payable May 1
and Nov. 1, at ‘Trustee’s office.
Authorized—$6, 250, are
Outstanding—$1, 211,
Heston canes. ‘91, 000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest.
Guaranteed as to interest under the termsof
the lease by the Ohio Electric Ry. Co.
Organization and Control—See Ist 5s due 1924.
. ee by mortgage on entire property of
mpany, including 30 miles of street railway
ewark and Zanesville and 60 miles of inter-
aan line extending between these cities and
through intermediate towns. Population served,
225,000. Franchises expire in 1925 and 1928.
Prior Liens—$3,493,000 bonds, whose retire-
ment is provided for under this mortgage.
Earnings—See Columbus, London & Spring-
field 1st 5s, 1920, above.
' Market...
« Thiladetphia—s. K. Phillips, é M. Stinson
& Co., Reed A: Morgan & Co., Oscar R. Dare,
M. M. regan & Co., Geo. N. Fleming, Elkins,
Morris & Co., Ervin & Co.
New York—Burgess, Lang & Co., F. H. Hatch
& Co., Lawrence Barnum & Co.,. Dewing si Co.,
John D. Curtis & Co.
Registerable
212
Boston—L. Sherman Adams.
Chicago—Hulburd, Warren & Chandler.
Wheeling—Geo. W. Baron.
COLUMBUS NORTHERN RAILWAY, POWER
& EQUIP. CO. Ist 5s. Due Sept. 1, 1934.
Dated Sept. 1, 1904. Interest payable March
and Sept., at Trustee’s office.
Note: Receivers for Col., Del. & Marion Ry.
were authorized to borrow money to pay ie
interest on these bonds due Sept. 1, 1909.
terest has been paid since, but not promptly, the
Sept., 1914, interest ag paid in Dec.
Authorized—$300,0'
Outi ndie sees 0 00 5
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Organization—Incorporated in 1904 and en-
tire stock acquired by Columbus, Delaware &
Marion Ry., which has been in the hands of a
Receiver since 1909.
Secured by first mortgage on power house and
sub-stations at Delaware, Ohio, supplying
electricity for power and heat.
Underlies—$920,000 Col.. Del. & Marion
Ry. Ref. 6s, which provide for retirement of
this issue.
Net Earnings, C., D. & M.,
GCLBO 1s ceeciis & x scichabieencn voaseyeiie $178,417
Interest, taxes, etc........ sfereons 151,156
Market.
New York—W. E. Hutton & Co.
(THE) COLUMBUS POWER CO. (GEORGIA)
ist 6s. Due April 1, 1936.—
- Dated April 2, 1906. Interest payable April
and Oct. 1, at Trustee's office, Boston.
= Authorized—$4, 000,000.
Outstanding—$2, 429, 000.
Retired by Sinking Fund—$7 1,000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Commonwealth Trust Co., Boston.
Redeemable as a whole or for sinking fund at
110 and interest on any interest date.
Sinking Fund—1% annually of issued bonds to
be applied to purchase or redemption of bonds at
not exceeding 110 and interest.
Guaranteed principal, interest and sinking
fund by the Columbus Electric Co.
Organization—Incorporated in 1906 as a con-
solidation of three power companies, and controls
by ownership and lease developed water power
aggregating 11,000 h. p. It owns a steam plant
in the city and riparian rights along the river.
Control—Entire common stock owned by
Columbus Electric Co.
Management—Stone & Webster. -
Secured by first mortgage on entire property of
company, including generating plants, trans-
mission lines, water rights, etc. Franchises
perpetual.
Net Earnings, Col. E., 12/31/14 . ee 272
Interest and sinking fund........ 4,637
Original Market—$1,375,000 pietea ne “April,
1906, at 9614 and interest by Estabrook & Co.
of New York, Boston, and Chicago; and $850,000
in 1912, by Estabrook & Co. and Merrill, Oldham
& Co., Boston, at 94 and interest.
Market.
Chicago—Estabrook & Co.
Baltimore—H. R. Taylor & Co., Hambleton
& Co., Strother, Brogden & Co., Sutton & Co
Boston—Estabrook & Co., Merrill, Oldham &
Co., James A. Hutchinson, Stone & Webster,
L. Sherman Adams, F. B. Bassett & Co.
New York—Estabrook & ee Berdell Bros.,
8. L. Snowden, John D. Curtis & Co., Kirkpat-
rick & Lewis.
COLUMBUS (OHIO) eee co. 1st Cons.
4s. Due Oct. 1, 1939.—N.
Dated Oct. 2, 1899. Titer payable Jan, 1,
213
ene 1, July 1 and Oct. 1, at the Union Bank
Trust. oo Ginginnatl; at Company’s office, or
+ E. W. Clark & Co., Philadelphia.
Divine e008 bn.
‘Outstanding—$3,145,000.
. Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Savings Bank and Trust
Co., Cincinnati.
Redeemable after Oct. 1, 1914,.at 105 and
interest on six weeks’ notice.
Assumed by the Columbus Railway, Power &
Light Co.
Organization—Incorporated in 1899 and con-
solidated in 1907 into the Columbus Railway &
Light Co. Under the reorganization and merger
plan the Columbus Ry. was taken over in Jan.,
1914, by the Columbus Ry., Power & Light Co.
Control—Columbus Ry., Power & Light Co.
Management—E. W. Clark & Co.
Secured by mortgage on 118 miles of track in
Columbus, Ohio, and vicinity, including'suburban
lines to Arlington and Westerville. The road
covered includes all of the street railways in
Columbus, with the exception of one unimportant
line running through the city from north to
south. Population served, 220,000. |<
Prior Liens—$3,572,000 ‘bonds. "
Franchises extend "to 1926 and provide for
seven tickets for 25 cents until gross earnings
amounted to $1,750,000 (which point was reached
on July 1, 1912), and eight tickets for 25 cents
hereafter, with universal transfers during the
life of the franchise. In addition to this, the
company holds franchises, granted in 1868 and
1878, covering some 12 miles of street, which it
claims to be perpetual.
Earnings—Owing to recent consolidation, no
significant earnings are available.
Listed on Cincinnati Stock Exchange.
Original Market—$1,200,000 offered December,
1904, at 91 and interest, by the Union Savings
Bank & Trust Co., and First National anke
Cincinnati.
Market.
Cinclwnsli—Provident Savings ‘Bank & ‘Trust
Co., Murray & Gon Field, Richards & Co.
New York—W. E . Hutton & Co., John D.
Curtis & Co. moe
Columbus—F. Ww. ‘Freeman:
COLUMBUS (OHIO) STREET RAILWAY co.
‘_ Ist Consol. 5s. Due July 1, 1932.—N.
Dated July 1, ete Interest payable Jan.. ‘and
July 1, at E. W. Clark & Co., Philadelphia.
Authorized and Outstanding—$3, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. .
Trustee—Columbia Trust Co., New York.
Assumed by the Columbus Ry. +, Pr. & Lt. Co.
. Organization and Control—Incorporated in
1892 and consolidated in 1899 into the Columbus
Railway Co., which was leased to Columbus
Railway & Light Co. up to Jan., 1914, when
under the consolidated and merger plan of the
street railway system of Columbus, Ohio, it was
taken over by the Columbus Railway, Power’ &
Light Co. -
Management—E. W. Clark & Co.
Secured by a first mortgage on 51 miles of
street railway in the city of Columbus, Ohio.
Population, 1910, of Columbus, 181,000.
-Franchises—See | Columbus Ry. Ist Consol.
4s, 1939, above. Some of the road covered by
this mortgage is included in that for which the
company claims to have perpetual franchises.
Underlies—$572,000 Crosstown Street Ry.
1st 5s due 1983 and $3,428,000 Columbus Rail-
way ist Cons. 4s due 1939, which provide for the
retirement of this issue.
Earnings—See Co.1 Ry. 1st Consol. 4s, 1939
above.
Listed on the Philadelphia, Cincinnati and
Columbus Stock Exchanges.
Registerable
og Market. a
: Baltimore—Riggs & McLane, Jenkins, Whed-
bee & Poe, Baker, Watts & Co., Poe & Davies.
Sutton & Co., Mercantile Trust & Deposit Co.
Philadelphia—Chas, Fearon & Co., Geo. N.
Fleming, S. K. Phillips, Robt. Glendinning & Co.,
E. W. Clark & Co., Oscar R. Dare.
. Cincinnati—W. E. Hutton:& Co., Rudolph
Kleybolte & Co.
- New York—Wolff & Stanley, W. E. Hutton &
Co., Eastman, Dillon & Co., R. B. Hathaway &
Co., J. N. Howell & Co. ca
Providence—W. W. White & Co.
Columbus—F.'W. Freeman. a
COMBINATION BRIDGE CO. ist 5s. Due
July 1, 1915.—N. i
Dated July. 1, 1895. Interest payable Jan.
and July 1,:at Hanover National Bank, New
York.
Authorized—$700,000.
Outstanding—$500,000.
Retired—$200,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Union Trust Co., Indianapolis, Ind.
Organization—Incorporated in 1894 in Iowa.
Secured by first mortgage on highway and
railroad bridge over the: Missouri River at Sioux
City, Ia., including right of way, ete.
Earnings—No dividends have been paid for
several years.
Market.
Boston—H. C. Spiller & Co.
New York—Hotchkin & Co.
Seca CABLE CO. Ist 4s. Due Jan. 1,
7.—F.
Dated Jan. 1, 1897. Interest payable Jan. 1,
April 1, July 1, Oct. 1 at ‘rustee’s office.
Authorized—$20,000,000.
Outstanding—$7,742,500.
Exchanged for Debenture Stock—$12,257,500.
Denomination—Coupon, $1,000. Registered,
$100, $500, $1,000, $5,000 and $10,000.
conten mNnenE: Loan & Trust Co., New
ork. it
Convertible into Sterling Debenture Stock,
upon which 4% interest is paid, at the rate of
£206 of stock for each $1,000 bond. ‘A
Organization—Incorporated in ‘1883. under the
laws of New York, and owns a system of Trans-
atlantic Cable Lines, and in 1897 acquired all
the properties of the Postal Telegraph Cable,
owning a telegraph system throughout the U- S.
Control—Entire capital stock owned by the
Mackay Companies. ‘
Secured by a first mortgage on five transat-
lantic submarine cable lines, aggregating 17,000
miles with their connections between the United
States, England, France, Ireland, Nova Scotia
and the Azores, and:on the entire assets of the
Postal Telegraph Co. of New York. «.
Listed on the New York, Montreal, Toronto
and London Stock Exchangés. ‘
Market. :
New York—Korn, Lehman & Co., Gilman &
Clucas, Hartshorne & Picabia, Sutro Bros. & Co.,
Bigelow & Co., F. H. Hatch & Co., J. H. Becker
& Co., Hartshorne & Battelle, Beverley, Bogert
& Co., Jas. B, Colgate & Co., Jones & Lanman.
Toronto—G. A. Stinson & Co. «
COMMONWEALTH EDISON CO. Ist 5s.
June 1, 1943.—F.
Dated September 1, 1908. Interest payable
March and September 1, at Illinois Trust &
Savings Bank, Chicago.
Authorized—75% of cost of additions, improve-
ments, etc.
Outstanding—$32,000,000.
Denomination—Coupon, $1,000.
Trustee—The Northern Trust Co., Chicago.
Redeemable on any interest date after Sept.
1, 1918, at 110 and interest upon 40 days’ notice.
Due
214
Depreciation Account—Company agrees: to:set
aside annually $17,000 for each $1,000,000 bonds
outstanding for extensions, betterments, etc., in
addition to expenditures for repairs and rentals.
* Organization—lIncorporated in Illinois in 1907
as.a consolidation: of the Chicago Edison Co. and
the Commonwealth Elec. Co., and has merged
the. Cosmopolitan Elec. Co. It controls the
Edison patents for electric lighting in Cook
County, Ill., including the City of Chicago.
Secured equally with $8,000,000 Common-
wealth Elec. Co. 1st 5s of 1943 on entire prop-
erty of company doing the entire electric lighting
and power business of Chicago and suburbs.
Company owns three turbine power houses,
five generating stations and. 41 sub-stations.
Population served, 2,500,000. Franchises expire
1 " :
Net Earnings, 12/31/14.. . $5,777,052
Interest........ Rs tit cto eaahayacoe 1,600,000
Listed.on the Chicago Stock Exchange.
Original Market—$10,000,000 offered in Dec.,
1908, by Il. Tr. & Sav. Bank, Merchants’ Loan
& Trust Co., Northern Tr. Co., First Tr..& Sav.
Bank, Harris Tr. & Sav., N. .W. Halsey & Co.,
and Russell, Brewster &.-Co., all of Chicago.
$10,000,000 ‘offered in July, 1910, and $8,000.000
in Avril, 1915 by above concerns and the Con.
& Com. Tr. & Sav Bank, Chicago. :
Market. ©
Chicago—Russell, Brewster & Co., Stanwood,
Taylor & Co., Wm. A. Read & Co., Central
Trust Co. of Ill., C. F. Childs & Co., Ft. Dear-
born Tr. & Sav. Bank, Ames, Emerich & Co.,
Yard; Otis & Taylor, Peoples’ Tr. & Sav. Bank,
Northern Trust Co., Merchants’ Loan & Tr.
Co., Alfred L. Baker & Co., Ill. Trust & Savings,
Babcock, Rushton & Co., Chicago Sav. Bank &
Tr. Co., First Trust & Sav. Bank, E. T, Kons-
berg & Co., Allerton, Greene & King, First
National Bank, Harris Trust & Sav. Bank,
Union Trust Co., S. B. Chapin & Co., N. W.
Halsey & Co., Curtis & Sanger, F. M. Zeiler &
Co., Kennett, Cowan & Co., John Burnham & Co.,
Harris, Winthrop & Co. oh
New York—Low, Dixon & Co., Harris, Forbes
& Co., N. W. Halsey & Co., Curtis & Sanger,
Hornblower. & Weeks, Foster & Adams, J. A.
Clark & Co., Babcock, Rushton & Co., John D.
Curtis & Co., Russell, Brewster & Co.
gr Be W. Harris & Co., F. B. Bassett
0. nos : ;
New Haven—W. T. Fields & Co.
Omaha—City. Trust Co.
Cincinnati—Rudolph Kleybolte & Co.
COMMONWEALTH ELECTRIC CO. Ist 5s.
Due June 1, 1943.—F.
Dated June 1, 1898. Interest payable March
and Sept. 1, at Illinois Trust & Savings Bank,
Chicago. :
. Authorized—$8,000,000.
Outstanding—$8,000,000.
Denomination—Coupon, $1,000. :
Trustee—The Northern Trust Co., Chicago,
Ll. :
Not Redeemable but the Commonwealth
Edison Co. agrees that if it redeems the 1st 53
due 1943, at 110 and interest, it will purchase
these bonds at the same price.
Depreciation Account—Company agrees to set
aside annually $17,000 for each $1,000,000 bonds
outstanding for extensions, betterments, ete., in
addition to expenditures for repairs and renewals.
Organization and Control—See Common-
wealth Edison 1st 5s.
Assumed by Commonwealth Edison Co.
Secured equally with $32,000,000 Common-
wealth Edison 1st 5s on entire property of Com-
pany. See description of that bond.
Earnings—See Commonwealth Edison Ist 5s
above. .
Listed on the Chicago Stock Exchange.
Original Market—$500,000 offered in 1898 by
N. W. Harris "& Co., New York, Boston and
Chicago, and Russell, Brewster & Co., of Chicago,
at 9734 and interest.
Chicago—St Be aettaee
icago—Stanwood, Taylor Co., Northern
Trust Co., Alfred L. Baker & Co., First National
Bank, Union Trust Co., Harris Trust & Savings
Bank, First Trust & Sav. Bank, N. W. Halsey
& Co., Babcock, Rushton & Co., Merchants’
Loan & Trust Co., John Burnham & Co., Wm.
A. Read & Co., Central Trust of Ill., Curtis &
Sanger, Russell, Brewster & Co., McCoy & Co.
New York—N. W. Halsey & Co., Harris, Forbes
& Co., J. A. Clark & Co., Babcock, Rushton &
Co., S. B. Chapin & Co., John D. Curtis & Co.
& Penne W. Harris & Co., F. B. Bassett
Oo.
COMMONWEALTH POWER CO. (MICH.)
Ist 5s. Due Dec. 1, 1924.—F.
Dated December 1, 1904. Interest payable
June and December 1, at Harris Trust & Savings
Bank, Chicago. .
Authorized—$4,000,000.
Outstanding—$1,213,000. (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First Trust & Savings Bank, Chic-
ago. .
Sinking Fund—From Dec. 1, 1909, 2% an-
nually of outstanding bonds for first five years,
3% for second five and 4% thereafter.
Organization and Control—Incorporated in
1904 as a consolidation of six water power and
electric companies, and in 1910 entire common
stock was acquired by Consumers Power Co., all
of whose stock is owned by the Commonwealth
Power, Ry. & Light Co.
Secured by first mortgage on seven hydro-
electric plants and 3 supplementary steam plants,
supplying power and light to 15 towns in Southern
Michigan. Population served, 150,000
Underlies—$12,936,000 Consumers’ Power Go.
1st Lien & Ref. 5s, due 1986, which provide for
the retirement of these bonds.
Net Earnings (Consumers’ Pr.
Co.), 12/31/14........... .:, $1,907,094
Titerest oi. < 6: 2G) susie ones sseusiai ase soduans - 817,919 |
Original Market—$800,000 offered in January,
1905, at 101 and interest, by N. W. Harris & Co.,
New York, and Perry, Coffin & Burr, Boston.
Market. . £
Chicago—Alfred L. Baker & Co., Harris Trust
& Savings Bank, Hodenpyl, Hardy & Co.
New York—Harris, Forbes & Co., Hodenpyl,
Hardy & Co., R. B. Hathaway & Co., Berdell
Bros., Gude, Winmill & Co.
Boston—N. W. Harris & Co., Perry, Coffin &
Burr, L. Sherman Adams, F. B. Bassett & Co.
Providence—Brown, Lisle & Marshall.
COMMONWEALTH POWER, RAILWAY &
LIGHT CO. 5-Year Conv. Deb. 6s. Due
May 1, 1918.—N.
Free of all taxes except succession, inheritance
and income. ‘
Dated May 1, 1918. Interest payable May
and Nov. 1, at_Hodenpyl, Hardy & Co., Inc.,
New-York, and E. W. Clark & Co., Philadelphia.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1000, $500 and $100.
Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Convertible in amounts of $1,000 after May
1, 1916, and before maturity into an equal
amount of 6% cumulative preferred stock at'par
with a bonus of common stock equal to 30% of
the face amount of bonds converted.’ 3
Management—E. W. Clark & Co., Philadel-
phia, and Hodenpyl, Hardy & Co., Inc., New
‘York.
Organization—Incorporated in Maine in 1910
as a holding company and controls through stock
at ts hele y i " s :
ownership ‘the Consumers’ Power Co., Michigan,
ule ids Ry. ‘Co,,° Michigan’ Light Co.,
Michigan Rys. Co., Saginaw-Bay City Ry. Co.,
Cadillac: Water & Light Co., Grand Rapids,
Holland & Chicago Ry. Co., Springfield (O.)
Light, Heat & Power Co. and Union Ry., Gas &
Electric Co. These, companies operate street
railways and furnish electricity in Grand Rapids,
Saginaw, Bay City, Kalamazoo, Jackson and
Battle Creek, Mich.; Evansville, | Ind.; and
Springfield, IIll.; electricity ‘only in Jackson,
Muskegon, Pontiac, Manistee, Owosso, Cadillac,
Albion and Charlotte, Mich., Peoria, Pekin,
De Kalb and Sycamore, Ill.; and Springfield,
Ohio, and street railways only in Rockford and
Janesville, Wis., and also numerous interurban
railways. Many of the franchises are reported
as’ perpetual and all as satisfactory in terms.
Population served by subsidiaries, 900,000.
Security—A direct obligation of the company
but not secured by mortgage. The company
has no funded debt other than these debentures.
Net Income (and subsidiaries),
V2 /B0/ 14s i orig as tirana ca gale $6,456,586
THterestias 4.0, daar b nonveniiae ays 3,962,852
Dividends—6% is being paid on $16,000,000
preferred stock and 4% on $15,500,000 common
stock. Company has paid preferred dividend
ae organization and on common since May 1,
Original Market—Offered in 1913 by Hoden-
pyl, Hardy & Co., Inc., New York, and E. W.
Clark & Co., Philadelphia, at 9714 and interest.
Market.
Philadelphia—E. W. Clark & Co., Robt. D.
Ghriskey & Co., Oscar R. Dare & Co., Martin
& Co., S. K. Phillips, C. D. Barney & Co., Mellor
c Fee Reed & Huntoon, Newhall, Churchman
New York—Hodenpyl, Hardy & Co., Inc., Wm.
P. Bonbright & Co., Beyer & Co., J. A. Clark &
Co., Lamarche & Coady, Dewing & Co., Hoden-
pyl, Hardy & Co., Berdell Bros., John N. Chris-
tiansen, Geo. H. Burr & Co., Howe, Morris &
Co., Ernest Smith, Gude, Winmill & Co.
Grand Rapids—Howe, Snow, Corrigan &
Bertles. i
' Boston—L. Sherman Adams.
Chicago—Hodenpyl, Hardy & Co.
Detroit—H. W. Noble & Ce., Union Trust Co,
Louisville—Henning, Chambers & Co.
COMMONWEALTH WATER & LIGHT CO.
1st 5s. Due Aug. 1, 1934.—N.
Dated Oct. 31, 1904. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Outstanding—$946,000.
Held in Treasury—$56,000.. -
Denomination—Coupon, $500 and $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York. : :
Redeemable on and after Aug. 1, 1924, at par
and interest. . ee 8
’ Sinking Fund—10% per annum of gross earn-
ings and proceeds of any property sold.
Organization—Incorporated in New Jersey in
1904 as a consolidation of five water and electric
companies. 4
Secured by first mortgage on 1,500 acres of
water-bearing lands in the counties of Essex,
Union and Ocean, N. J., 5 power houses and
umping stations, 150 miles of water mains, etc.
Population served, 150,000. Franchise per-
petual. ger (y
Underlies—$40,000 of an original issue of
$100,000 Serial 5% Notes due in equal annual
instalments to May 15, 1917.
Net Earnings, 12/31/14......... $178,195
Interests: vince ta cas na cans 52,515
Philadelphia—H. F. Bachman & Co.
Boston—F. W. Mason & Co., H. C. Spiller
& Co.
Portland, Me.—H. M. Payson & Co.
215
COMPTON HEIGHTS, UNION DEPOT &
MERCHANTS .. TERMINAL RAILROAD
CO, 1st Ext. 58. Due July 1, 1923.
Dated July 1, 1893. Extended July 1, 1913,
and interest reduced from 6%. Interest payable
aon and July 1, at the Mercantile Trust Co., St.
ouis.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—St. Louis Union Trust Co.
Redeemable on any interest date after July
1, 1914, at 102% and interest. . eo
_ Guaranteed as to principal and interest by
endorsement by the United Rys. Co. of St. Louis.
Control—The entire capital stock of this com-
pany is owned by the United Rys. Co. of St.
Louis, and deposited under its Gen. 4s. This
company owns 461 miles of electric railway in
and around St. Louis. : : :
Secured by a first mortgage on all the prop-
erty of the company, including 13 miles of elec;
tric track, seven acres of real estate, car sheds,
the largest power house used by the United
Rys. Co and trackage rights on about 10 miles
of road. Franchise runs until Dec., 1942.
Net Earnings (United Rys. Co.
St. L.), 12/31/14 -.. $8,126,296
Interest ,
Original Market—$1,000,0
by Francis Bro. & Co.,. St. Louis, at 98 and
interest. : ;
Market.
St. Louis—Altheimer Rawlings Invest. Co.,
Francis Bros. & Co., Bowman, Cost & Co.
COMPUTING - TABULATING- RECORDING-
5 Co..S. F. 6s. Due July 1, 1941.—N.
Dated July 15, 1911. Interest payable Jan.
and July 1, at New York.
Authorized—$7,000,000.
Outstanding—$5,851,000.
Retired by Sinking Fund—$402,000
Held in Treasury—$747,000. ids
Denomination—$1,000 and $500. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable for the sinking fund only at 105
and interest on six weeks’ notice. -
Sinking Fund—Beginning Dec. 81, 1913, at
least $100,000 annually must be applied to pur-
chase and cancellation of these bonds.
.Organization—Incorporated in 1911.and con-
trols through ownership of a majority of their
stocks a number of companies engaged in man-
ufacturing, leasing and selling time stamps, time
recorders, dial recorders, key recorders, punch-
ing, sorting and tabulating machines, etc.
Secured by deposit of all the stocks of sub-
sidiary companies owned or hereafter acquired,
including 6,466 shares or 84% of the Preferred
and 8,979 shares, or 99% of the Common Stock
of International Time Recording Co. of N. Y.;
entire 1,833 shares of Bundy. Mfg. Co.; 9,107
shares or 97% of the stock of Computing Scale
Co. of America; 821 shares of Preferred and
5,000 shares of Common, being all of the stock
of the Tabulating Machine Co. No other mort-
gage can be placed upon the property of the
company or any of its subsidiaries whose stocks
are deposited.
Prior Liens—$371,500 Coll. Trust 6s of Com-
puting Scale Co. of America.
Net Earnings (Combined Co.’s),
12/31/14
oan. alehakeucty angeles tau omaha $895,736
Interest on bonds..... Seta de Fe es he 405,874
Original Market—$800,000 offered in 1911 by
J. K. Rice, Jr., & Co., New York, and in 1912 by
Flint & Co., New York and Philadelphia.
Market.
New York—Eastman, Dillon & Co., J. K.
Rice, Jr., & Co., Wolff & Stanley, Bigelow & Co.,
Seasongood & Haas, F. H. Hatch & Co., Chas.
H. Jones & Co., Foster & Adams, Hendrickson
& Co., R. B. Hathaway & Co., Tobey & Kirk,
F. 8. Smithers & Co., Peters & Salisbury.
* Chicago—Hulburd, Warren & Chandler, E. T,
Konsberg & Co. 2 :
Philadelphia—Flint & Co.
(THE) CONCORD & MONTREAL RAILROAD
Cons. (now Ist) 4s. Due June 1, 1920.—N.
See Map 13.
Dated June 2, 1890. Interest payable June
and December 1, at Trustee’s office. - é
Authorized and Outstanding—$5,500,000. .
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Guaranteed as to interest under terms of lease
by the Boston & Maine R..R. :
Organization & Control—Incorporated in New
Hampshire in 1889. The corporate existence of
several of the absorbed companies has been: main-
tained, in order to comply with certain legal
requirements. Leased for 91 years from 1895
to the Boston & Maine R. R. Co., the rental
being equivalent to interest, taxes, all expenses
and 7% on the stock. Should the lease by the
Boston & Maine R. R. Co. of the Boston &
Lowell R. R. Co. be terminated then the latter.
Company shall be entitled to the unexpired term
of the lease of the Concord & Montreal R. R. Co.
- Secured by a first mortgage on (3) 200 miles of
road from Nashua to Groveton Jct., N. H., and
branches, including line to the top of Mt. Wash-
ington. ‘These lines form an important part of
the B. & M. R. R., giving it access to many
prominent summer resorts in the White Mountain.
district, and also forming part of a direct line
between Boston and Montreal.
These bonds are outstanding at the rate of
$27,500 per mile. i,
In addition to the mileage described above, the
company owns (4) 153 miles of road, of which 28
miles are electric railway.
‘Underlies—$1,723,000 debentures. i
- Legal for Cal.,-Conn., Fla., Me., Mass., Mich.,
Minn., N. H., N. J., Vt. and Wis.
Listed on the Boston Stock Exchange.
Original Market—$500,000 ‘offered in Oct.,
1910, at 9944 and interest by Lee, Higginson &
Co., New York, Boston, etc. '
4 : -. Market. « :
New York—Curtis & Sanger, Blodget & Co.,
Estabrook & Co. : .
| Boston—Geo. A. Fernald & Co., Adams & Co.,
Curtis & Sanger, Estabrook & Co., Baker, Ayling
& Co., Blodget & Co.,; Walter S. Place, F. W.
Mason & Co., Parkinson & Burr.
(THE) CONCORD & MONTREAL RAILROAD
Debentures. Due June 1, 1920.—N.
Interest payable June 1 and Dec. 1, at office
of Treasurer, Concord, N.'H., or Boston Safe
Deposit & Trust Co., Boston, Mass. .: -.-
Authorized—$2,150,000. be tee
Outstanding—$1,723,000 as follows:
Dated Outstanding Rate
June 1, 1897........... $650,000 4%
Dec. 1, 1899.......... 400,000 314%
_ June 1,1901!121212121 473,000 © 334%
Dec. 1, 1914.......... 200,000 %
Denomination—Coupon, $1,000. Registerable
as to principal.
Security—These bonds are not secured by a
mortgage. For details of . organization and
property see Consol. 4s above.
Legal for Conn., Me. and N. H.
Market.
New York—Harris, Forbes & Co., Blodget &
0. ‘a
Boston—N. W. Harris & Co., Hayden, Stone
& Co., Baker, Ayling & Co., Geo. A. Fernald
& Co.
Chicago—Harris Trust & Savings Bank.
216
CONCORD ELECTRIC CO. 1st 5s.
Dated July 1 1, 1901. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$350, ae
Outstanding—$335,000.
Retired by Sinking Fund—$15,000.
Denomination—Coupon and registered, $1,000.
lal Trust Company, Boston,
ass.
Reedemable at 10734 and interest on any in-
terest date.
Sinking Fond 35,000. bonds to be retired
annually after July 1, 1911.
Organization—incorporated in New Hamp-
shire in 1901 as successor to Concord Land &
Water Power Co. Owns a dam on Merrimack
River from which power is transmitted to its
stations at Concord.
Secured by first mortgage on hydro-electric
power plant and distributing stations supplying
seo, to Conecord,N.H. Population served,
Due Jan.
20,000. Franchise perpetual.
Net Earnings, 6/30/14 $63,028
Interest, etc.......... 21,366
Market.
Boston—Geo. A. Fernald & Co.
CONCORD, MAYNARD & HUDSON STREET
RAILWAY Ist 5s. Due July 1, 1922.—N.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$250, 000.
Outstanding—$230,000.
Denomination—Coupon and registered, $1,000.
Trustee—American Trust Co., Boston.
Organization—Chartered in 1900 in Mass. and
road opened in 1901._ Has acquired the Concord
& Clinton St. Ry. and the Lowell, Acton & May-
nard Street are
Control—Mass. Cons. Rys. (formerly Mass.
Nor. Ry.) owns $227,600 of the $235,000 capital:
stock.
Secured by first mortgage on 19 miles of elec-.
tric trolley road between Concord, Maynard,
Acton, Stow and Hudson, Mass. Franchise
perpetual. Population served, 23,000.
Net Earnings, 6/50/14........... $22,587
Interest and taxes..............- 16,325
Dividends). 15 5.5 662.8 ssi eos ees 7,050
Market.
Boston—Geo. A. Fernald & Co., Hotchkin &
Co., F. W. Mason & Co,
CONESTOGA TRACTION CO.
Jan. 1, 1950.—F.
Tax free in Pennsylvania.
Dated Jan. 1, 1900. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,' 277, 500.
Denomination— Coupon,
Ist 4s. Due
$100, $500 and
$1,000. Registerable as to peteipal.
Trustee—Provident Life & Trust Co., Phila-
delphia.
Organization—Chartered in Penn. in 1899 and
is an operating company, leasing 12 electric rail-
way companies (including the Lancaster City
Street Ry.), aggregating 163 miles of track in
the City and County of Lancaster.
Control—Entire common stock is owned by
Lancaster County Ry. & Tight, all of whose stock
is owned by United Gas & Electric Corp.
Secured by mortgage on 50 miles of street
railway in the city of Lancaster. Population
served by company, 100,000. Charter perpetual.
Prior Liens—$610, 000 bonds of leased com-
panies.
Underlies—$1,000,000 Lancaster Co. Ry. &
Light Coll. Trust 5s. Due 1951, secured in
part by mappete of common stock of Conestoga
Traction i
217
Net Earnings, 12/31/14 ees 7 agi
$428,419
(L. Co. Ry. & Lt.)...c.....05.
Interest)... Sai bnctehG HES eosivcacs 827,728
This issue..... i sauecina poadtacuaiesdngieott 277,728
New York—Bertron, Griscom & Co., Lawrence
Barnum & Co.
Philadelphia—E. B. Smith & Co., Geo. N.
Fleming, 8. K. Phillips, Osear R. Dare, Chas. J.
Bender & Co.
CONEY ISLAND & BROOKLYN RAILROAD
O. 1st Cons. 4s. Due July 1, 1948.—]
Dated July 1, 1898. Interest payable Jan. and
uly 1, at Trustee's office.
Authorized and Outstanding—$2, 000, 000.
$758,000 are held in the treasuries of the B. R. P.,
Co. and its subsidiaries.
.Denomination—Coupon, $1,000.
as to principal. :
Trustee—Bankers’ Trust Co., New York.
Organization—Chartered in New York in
1860. Inaugurated car service over the Brook-
lyn Bridge in 1898. Merged the Brooklyn City
& Newton R. R. in 1910 and owns the entire
stock of the DeKalb Ave. & North Beach R. R.
Control—On Dec. 31, 1913, the Pub. Serv.
Commission granted permission to the Coney
Island & Gravesend Ry., a subsidiary of the
Brooklyn Rapid Transit, to purchase $2,637,000
of the $2,983,900 stock of the Coney Island &
Brooklyn R. R. Co. The lines of the company
are now operated as a part of the Brooklyn
Rapid Transit Co.’s system.
Secured by first mortgage on 53 miles of street
railway, of which 24 miles are first track, extend-
ing from Brooklyn Bridge via Coney Island Ave.
to Coney Island.
Underlies—$2, 7125, 000 Consolidated 4s, ‘due
1955, which provide for the retirement of this
issue.
Registerable
Net Earnings, 6/30/14.......... $538,890
Interests seven 3 testi) dh dnaren hha 289,615
This i issue... eee ee 204,615
arket
New York—White & & Co., “F. H. Hatch & Co.,
Tobey & Kirk, Geo. H. Prentiss & Co., Mackay
& Co., McGeorge & Vanderhoef, Gilman &
Glucas, L. A. Norton, Williamson & Squire, C.
D. Barney & Co., Jones & Lanman. °
CONNECTICUT & PASSUMPSIC RIVERS
BSPLBOAD CO. ist 4s.: Due April 1, 1943.
See I Ma ap 13.'
Dated April 1, 1893. Interest payable April
and Oct. 1, at Trustee's office.
Authorized and Outstanding—$1,900,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Guaranteed .as_ to interest; under terms of
lease, by Boston & Lowell R. R. and Boston &
Maine R. R.
Organization and Control—Incorporated in
Vermont in 1885. Leased in 1887 for 99 years
to the Boston & Lowell R. R. Co., and lease
quosedueot ys assigned to Boston & Maine R. R.
Co. Rental is interest on bonds, 6% on stock,
and $3,000 per annum for organization expenses.
Company also owns one-half of the stock and
a the property of the Massawippi Valley
y. Co.
Secured by a first mortgage on (5) 110 miles of
road from White River Jct., Vt., to the Ver-
mont-Canadian border. Further secured by a
first lien on the 999-year lease and $400, 000 of
the $800,000 capital stock of the Massawippi
Valley Ry. Co., owning 35 miles of road from the
terminus of the Connecticut & Passumpsic Rivers
R. R. on the Vermont-Canadian Line to Lennox-
ville, Quebec, on which there is no bonded debt.
he line covered by this mortgage forms a part
of the Boston & Maine R. R.’s route from Boston
and other southern New England points and
New York to Montreal. On the road on which
they are a direct lien these bonds are secured at
the rate of $17,000 per mile.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., N. J., Vt. and Wis.
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—Blodget & Co., F. H. Hatch & Co.,
Estabrook & Co., Remick, Hodges & Co.
Boston—Estabrook & Co., R. L. Day & Co.
CONNECTICUT POWER CO. Ist & Coll. Trust
5s. Due July 1, 1956.—F.
Dated July 1, 1906. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized and Outstanding—$517,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Organization—See 1st & Cons. 5s.
Management—Stone & Webster. i
Secured by first mortgage on hydro-electric,
plant and water rights at Falls. Village on the.
ousatonic River, and by deposit of $294,000
of the $367,500 capital stock of the New London.
Gas & Elec. Co., supplying gas and electricity
to New London, Conn. This company has
$627,500 bonds outstanding, all closed mortgages.
Franchises, both companies, perpetual. Popula-
tion served, 20,000.
Underlies—$1,300,000 Conn. Power 1st &
Cons. 5s, due 1968, which provide for retirement
of this issue.
Net Earnings, 12/31/14......... $193,608
Interest and rentals. . i A
This issue. ..°.i..4... 33,735
‘ Mar!
New York—John W. Christiansen.
Boston—F. W. Mason & Co.
New Haven—H. C. Warren & Co.
CONNECTICUT POWER CO. ist & Cons.
S. F. 5s. Due April 1, 1963.—F.
Dated April 1, 1913. Interest payable April
and Oct. 1, at Trustee’s office. ‘
Aathorized —In addition to present issue and
for refunding prior liens, 75% of cost of
additions, improvements, etc.
Outstanding—$1,300,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. Fully registered
$5,000 and multiples. C. & R. interchangeable.
Trustee—Old Colony Trust Company, Boston.
Redeemable as a whole or in part for the
Sinking Fund at 107}44 and interest on any
interest date. _.
Sinking Fund—Beginning April 1, 1916, 1%
annually of outstanding bonds.
Organization—lIncorporated in Connecticut in
1913 as a consolidation of the old company, of
the same name, the Middletown Elec. Light Co.,
New London Gas & Elec. Co., Eastern Conn.
Elec. Power Co. _.. ;
Management—Stone & Webster. °
Secured by a mortgage on entire property
of company consisting of hydro-electric, steam
power and gas, plants, doing the entire gas,
electric lighting and commercial business in
New London, and entire electric lighting and
commercial power business in Middletown,
Middlefield, Durham, Portland, Cromwell, North
Canaan, Norfolk, Sharon and Salisbury, Conn.
Total population served, 67,000. Company does,
business in the various cities and towns under
a charter rights which are not limited as to
ime.
Prior Liens—$1,345,000 bonds of merged:
companies, to retire which bonds of this issue
may be sold.
Net Earnings, 12/31/14.... $193,608
Interest and rentals............ 88,735
Original Market—Offered in April, 1913, by
Stone & Webster, New York, Boston and Chicago
Also by E. B. Smith & Co., Philadelphia and
New York, at 96 and interest.
Market. .
Boston—Stone & Webster, L. Sherman Adams.
Philadelphia—E. B. Smith & Co.
CONNECTICUT RAILWAY & LIGHTING CO.
Ist & Ref. 4}4s. Due Jan. 1, 1951.—F.
Tax exempt. in Connecticut,
Dated January 1, 1901. Interest payable
January and July 1, at Equitable Trust Co.,
New York.
Authorized—$15,000,000.
Outstanding—$11,872,000.
Held in Sinking Fund—$679,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable—“Stamped bonds” at 105 and
interest.
Sinking Fund—From July 1, 1905, annually to
1950, 44% and on December. 31, 1950, 14% of all
bonds issued to.be held by Trustee for the benefit
of stamped bondholders.or. applied to purchase of
these bonds at not. exceeding 105 and interest.
Guarantee—Under terms of supplemental
mortgage, United Gas Improvement Co. agreed
to- guarantee the payment of interest.on such
bonds as would be presented to be “stamped,’”
giving the company the right to redeem same at
105 and interest. Stamped bonds amount to
$10,742,000. Principal and interest are also
eat ae the terms of the lease to the
-Y., NN, H. & H.R. R..
Organization—Incorporated_ in Conn., in
1895, as a consolidation of 17 companies, and
assumed present title in 1901. Owns 245 miles
of railway reaching a number of towns in Conn.
Company was leased for 999 years from 1906 to
the Consolidated Ry., which has been merged
in the N. Y., N. H. & H. R. R. Co. for a rental
now amounting to $1,400,000 a year.
Controlled through stock ownership by the
United Gas Improvement Co., but road is leased
to N. Y., N. H. & H. and operated by its sub-"
sidiary, the Connecticut Co. As a result of the
agceement between the N. Y., N. H. & H.R. R.
Co. and the Dept. of Justice, the railroad com-
pany will probably divest itself of its control of
the Connecticut Co.
Secured by mortgage upon the entire property
of the company, consisting of 245 miles of
street railways reaching Milford, Bridgeport,
Stratford, Southport, Shelton, Derby, Ansonia,
Seymour, Westport, Saugatuck, Norwalk, South
Norwalk, New Britain, Darien and Stamford
and lines in Naugatuck and Waterbury. ‘The
mortgage provides that the company shall
deposit hereunder all stocks of subsidiary com-
panies owned or acquired’ with the proceeds of
these bonds. Franchises perpetual. Population
served, about 500,000. f
Prior Liens—$915,000 bonds of merged com-
panies, for the retirement of which bonds of this
issue are reserved. ee :
. Net Earnings, (From lease)
6/30/14...... sreiay 2 Ehime . $1,373,307
Interest and sinking fund...... “673,300
_ Legal for Conn.
Listed on the New York, Philadelphia and
Amsterdam Stock Exchanges.
Original Market—$8,000,000 offered in
1901, at 100 and interest by Redmond & Co.
and J. & W. Seligman & Co., New York.
_Market.
New York—Plympton, Gardiner & Co.,
E. & C. Randolph, Coffin & Co., J. S. Farlee &
Co., F. W. Mason & Co., Bigelow & Co., A. E.
Fitkin & Co., Redmond & Co., Newborg & Co.,
Gude, Winmill & Co., Fuller & Co., J. A. Clark
& Co., Chas. H. Jones & Co., John D. Curtis &
Co., Rauscher ‘& Childress, F. H. Hatch & Co.
“Registerable
218
L..A.-Norton, Didrichsen & Co., J. H. Howell
& Co., Jones & Lanman. |
Hartford—Richter & Co. \
Philadelphia—-C. C. Harrison, Jr.,. & Co.,
S. K. Phillips, Elkins, Morris & Co., Henry &
West, E. W. Clark & Co., Ervin & Co., C. D.
Barney & Co., Graham & Co.
Boston—A. B. Leach & Co., F. W. Mason &
Co., Burgess, Lang & Co., L. Sherman Adams.
New Haven—Kimberly, Root & Co., H. C.
Warren & Co., Chas. W. Scranton & Co., W. T.
Fields & Co.
Bridgeport—Hincks Bros. & Co.
CONNECTICUT RIVER CO. Ist Mtge. 6s.
Due Jan. 15, 1934.
Tax exempt in Connecticut.
Dated Dec. 15,1918. Interest payable Jan. 15
and July 15 at Trustee's office or in New York City.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000. Registerable
as to principal only.
Trustee—Connecticut River Banking Co. of
Hartford, Conn.
_ Redeemable on any interest date at 110 and
interest.
_ Organization—Incorporated in Connecticut
in 1913.
Secured by a first mortgage on real estate and
mill sites and'canal which furnishes water power,
extending along the Connecticut_ River from
Windsor Locks to Thompsonville, Conn.
Original Market—Offered in 1914 by H. C.
Warren & Co., New Haven, Conn.
CONNECTICUT RIVER POWER CO. OF
NEW HAMPSHIRE Ist S. F. 5s. Due
June 1, 1937.—F.
Dated June 1, 1907. Interest payable June
and Dec. 1, at Merchants’ National Bank,
Boston, or West End Trust Co., Philadelphia, Pa.
Authorized—$2,000,000.
Outstanding—$1,958,000.-
Retired by Sinking Fund—$42,000. :
Denomination—Coupon, $1,000. Registerable
as. to principal. oan
Trustee—Old Colony Trust Co., Boston.
Redeemable at 107 and interest on any interest
date upon 48 days’ notice.
_ Sinking Fund—Annually at least 10% of net
income to be applied to purchase or redemption
of these bonds at not exceeding 107 and interest,
bonds thus acquired to be cancelled.
Organization—See 6% Notes.
Guaranteed as to interest by New England
Power Co. under the terms of the agreement
whereby it acquired the stock of this company.
Secured by first mortgage on entire property
of company, including a dam and power house
on the Connecticut River at Hinesdale, N. H.,
and a transmission line to the Mass. State Line.
oo eee 5% Notes due April 1,
she at okaus coves Susi a debosivee atoness « $323,929
Interest.......... aise ies aie se 180,150
This issue.......... ie be alert 159,794
Original Market—Offered in 1911, by Baker,
Ayling & Co., Boston, at 92 and interest.
Market.
Philadelphia—Reed A. Morgan & Co., Mellor,
& Petry, Cassatt & Co., 8S. K. Phillips, Reed &
Benin, Oscar R. Dare & Co., Chas, J. Binder
. :
Boston—Baker, Ayling & Co., L. Sherman
Adams.
New York—Coffin & Co., Dick Bros. & Co.,
E. & C. Randolph, Chandler Bros. & Co., Ber-
gall Bros. Gude, Winmill & Co., Kirkpatrick &
ewis.
Albany, N. Y.—Henry J. Prince.
CONNECTICUT RIVER R. R.
tures.—N.
CO. Deben-
219
See Map 18, :
Outstanding—$2,259,000 as follows:
Dated .. ‘Due Amount Rate
Sept. 1,1893 Sept. 1, 1948 $1,000,000 4%
Jan. 1,.1901 Jan. 1, 1921 290,000 334%
Jan. 1,1903 Jan. 1,1928 969,000 314%
Interest payable respectively: Mar. and
Sept. 1; Jan. and June 1; and Jan. and June 1.
at the company’s office, Springfield, or Boston.
Denomination—Coupon and registered, $1,000.
C. and R. interchangeable. :
Organization and Control—Incorporated in
Massachusetts in 1890. Leased for 99 years
from 1898 to the Boston & Maine R. R. Co.
at annual rental of interest on bonds, 10% on
stock and $2,000 for organization expenses.
Security—Not secured by a mortgage, but
under the laws of Massachusetts, no mortgage
can be executed on the:property of the company
without equally securing these bonds with any
issued under such mortgage. The company
owns (6) 81 miles of road from Springfield, Mass.,
to Keene, N. H., and branches. This line affords
the B. & M. R. R_ its only entrance into Spring-
field, and also forms part of a through route
between New York:and Montreal.
Legal for Conn., Mass., and Me. ,
Listed (48 of 1943) on the Boston Stock
Exchange.
j Market.
New York—Remick, Hodges & Co.
Boston—R. L. Day & Co.
CONNECTICUT VALLEY LUMBER CO. Ist
6s. Due Aug. 15, 1933.—N.
Dated August 15, 1908. Interest
Feb. and Aug. 15, at Federal Trust Co.,
Authorized—$3,000,000.
Outstanding—$2,064,000.
Retired by Sinking Fund—$936,000.
Denomination—Coqupon, $1,000 and $500.
Registerable as to principal.
Trustee—Federal Trust Co., Boston, Mass.
Redeemable at 105 and interest on any interest
date on 80 days’ notice, or for sinking fund at
102 and interest: on 20 days’ notice.
Sinking Fund—An annual sum equal to $3
er 1000 ft. of timber cut, but not to be less than
100,000. =
Organization—Incorporated in Conn. in 1898
and manufactures lumber and pulp wood.
Secured by first, mortgage on about 300,000
acres of spruce timber lands in northern Vermont
and northern New Hampshire, estimated to con-
tain 2,376,860,000 ft. of marketable timber
valued at $19,000,000. - : ae
Original Market—-Offered in 1911, by Horn-
blower & Weeks, New York, Boston, etc., at par
and interest. ne oe
Market. ~ ;
Boston—Hornblower & - Weeks, Hotchkin &
Co., Warner, Tucker Oo. .
Chicago—Hornblower & Weeks.
CONNECTICUT VALLEY STREET RAILWAY
O. 1st 5s. Due Sept. 1, 1920.—N.
Dated Sept. 1, 1900. Interest. payable March
and Sept. 1, at Trustee’s office. od
Authorized—$120,000. These bonds were is~
sued under the Northampton & Amherst: St.
Ry. 1st Mtge., originally drawn for $300,000,
$180,000 having previously been issued under
the name of that company.
Outstanding—$120,000. .
Denomination—Coupon and Registered, $1,000
Trustee—Old Colony Trust Co., Boston,
ayable
oston.
Mass. :
Redeemable at 105 and interest on four
weeks’ notice. :
Organization—Chartered in Massachusetts in
1900 and is a consolidation of the Greenfield,
Deerfield & Northampton Street Ry.,. the
Greenfield & Turners Falls Street Ry., and
Amherst Street Ry. Co.
Control—Entire stock owned by Massachu-
setts Cons. Railways. : ei :
Secured Sy iee! with $180,000 Northampton
& Amherst Street Ry. 1st. 5s on 12 miles of
electric railway connecting Amherst and North-
ampton. Population served: by company,
42,000. Charter perpetual. ~~
* Net Earnings, 6/30/14... $75,966
_ Interest and taxes.. 50,945
Dividends......:. ‘ 22,184
Market
Boston — Hayden, Stone & Co., Warner, Tucker
0.
CONNECTING RAILWAY CO.
. March 15, 1951.—F.
See Map98. ;
‘Tax free in Pennsylvania.
Dated June 21, 1911.: Interest payable March
and Sept. 15, at Philadelphia.
Authorized—$15,000,000. -
Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
as_to principal. ° :
Trustee—-Girard Trust Co., Philadelphia. |
Guaranteed as to interest by the Pennsylvania
R. R. Co, by endorsement. 7
Organization ‘and Control—Incorporated in
Pennsylvania in 1863. All of the capital stock
is owned by the Pennsylvania R. R. Co., which
leases the property for 999 years at a rental of
4% on the stock and all interest and taxes.
Secured by a first mortgage on (4) 36 miles of
road from Frankford Station to bridge over
the Schuylkill River, with branches'to’ German-
town and Chestnut, Hill, Bustleton, Fort Hill
and other suburbs of Philadelphia. The total
length of track is'110' miles. The line forms
art of the Pennsylvania R.‘R. between New
ork and Philadelphia and the property owned
inéludes the North’.Philadelphia Station, which
is undergoing extensive alterations and improve-
ments, and will become the principal station in
Philadelphia for through passenger trains between
New York and the south and west.' The cost
of the property to December’ 31, 1913, has been.
im excess of $8,200,000. ¢ 4
Listed on the New ‘York Stock Exchange.
Original Market—$3,310,000 offered in Feb-
ruary, 1914, by 'E. B. Smith & Co. of Philadel-
phia and New York, and Brown Bros. & Co., of
Philadelphia, New York and Boston, at 9834
and interest. = |") = ' va " °
eae Market.
Philadelphia—E. W. Clark & Co., E. B. Smith
& Co., Brown Bros. & Co., Reed A. Morgan &
Co., C. D. Barney & Co., Barclay, Moore & Co.,
Elkins, Morris & Co. f
New York—Brown Bros. & Co.
Boston—Brown Bros: & Co.
Hartford—Roy P. Crary.
CONNELSVILLE & MONONGAHELA RAIL-
3 WAY Ist 4s. Due Sept. 1, 1930.—F.
Dated Sept. 1, 1909.
and Sept. 1.
Authorized—$1,007,000.
Outstanding —$747,000.
Retired and held alive in Sinking Fund—
$260,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Trust Co., Pittsburgh, Pa.
Redeemable for the Sinking Fund at par and
interest in numerical order.
Sinking Fund—$25,000 per annum to purchase
bonds at not exceeding par. If not purchas-
able bonds are to be: called in numerical order
at par and interest. Bonds acquired to be kept
alive, and interest added to sinking fund.
Organization and Control—Incorporated in
Pennsylvania in 1905. The company is con-
trolled through stock ownership by interests
allied with the United States Steel Corporation,
Ist 4s. Due
Registerable
Interest payable March
Registerable
and the property leased to 1946 to the Monon-
gahela Ry., owned jointly by the Pennsylvania
R. R. Co. and the Pittsburgh & Lake Erie Ry.
Co. The rental is equivalent to 4% of cost of
road and taxes’ and expenses.. This lease has
been assigned to the Union Trust Co. of Pitts-
burgh as Trustee and cannot be abrogated
without the consent of the Trust Co.
Secured by a first’ mortgage on 21 miles of
road from Brownsville to Moses Run Jct., Pa.,
and branches. These bonds. are outstanding
at the rate of $37,000 per mile.
Market.
Philadelphia—Henry & West, E. W. Clark &
Co., Geo. S. Fox & Sons, S. K. Phillips, C. D.
Barney & Co., Graham & Co. |
CONSOLIDATED ELECTRIC LIGHT CO.
Cons. 44s. Due Jan. 1, 1925.—F.
Dated Jan. 1, 1900. Interest payable Jan.
and July 1
Authorized and Outstanding—$500,000.
‘Denomination—Coupon, $500 and $1,000.
Trustee—Union Safe Deposit & Trust Co.,
Portland, Me. ' . oes
Organization—Incorporated in Maine in 1883.
Absorbed July, 1912, by the Cumberland County
Power & Light Co.
' Secured by first mortgage on plant and distri-
bution lines supplying Portland, Me., and other
towns in vicinity with electricity... Franchises
perpetual. Population served, 75,000.
Underlies—$55,000 Deb. 6s, $1,500,000 Port-
land Elec. 1st 5s and $1,800,000 Cumb. Co. Pr.
& Lt. 1st and Ref. 5s, which mortgage provides
for the retirement of this issue. - : *
Net Earnings, 12/31/14....... $1,056,600
Interest, etC.. 2... eee eee re eee 158,859
This issue. ......2.-- +. e eee 590,559
New York—A. B. Leach & Co.
Boston—Perry, Coffin & Burr.
CONSOLIDATED GAS CO. OF BALTIMORE
CITY Gen. 44s. Due April 1, 1954.—F.
Dated April_1, 1904. Interest payable April
and Oct. 1, at Fidelity Trust Co., Baltimore.
Authorized—$15,000,000. i
Outstanding—$6,100,000. :
Cancelled by Court Order—$5,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : i
Trustee—Fidelity Trust Co., Baltimore.
Assumed by the Consolidated Gas, Electric
Light & Power Co. of Baltimore.
Organization—Incorporated in 1888 as a con-
solidation of three’ gas companies and in 1906
was merged into the Consolidated Gas, Electric
Light & Power Co. of Baltimore, controlling the
entire gas and electric lighting business of Balti-
more and vicinity. Be
Secured by mortgage subject to $3,400,000
Cons. 5s upon entire properties of former Cons.
Gas Co. of Baltimore City, including the Spring
Gardens plant and distribution system. Fran-
oe perpetual. Total. population served, 675,-
Prior Liens—$3,400,000 Cons. 63 due 1939
to retire which bonds of this issue have been
reserved.
Underlies—$23,840,000 Cons. G., E. L. & P.
General 414s, Consolidated Mortgage 5% Deb.
Stock, which provides for retirement of this
issue and convertible notes.
Net Earnings, 6/30/14... $3,067,075
Interest 1,567,690
Dividends 1,476,562
Surplus. 22,823
This issue . 610,329
Listed on the Baltimore Stock Exchange.
Original Market—Offered -in 1904 by Baker,
Watts & Co., and Hambleton & Co., Baltimore,
at 99and interest. $2,037,000 offered in 1913
by Lee, Higginson & Co. at 95 and interest.
220
Market. -
New York—Lee, Higginson & Co., E. H.
Rollins & Sons.
Baltimore—Sutton & Co., Alex. Brown &
Sons, Middendorf, Williams & Co., J. Harmanus
Fisher & Son, Poe & Davies, Nelson, Cook & Co.,
Strother, Brogden & Co., Hambleton & Co.,
Jenkins, Whedbee & Poe, Townsend, Scott & Son;
Baker, Watts & Co., Walter HOHE Owen
Daly & Co. Si
CONSOLIDATED GAS CO. OF BALTIMORE
CITY Cons. 1st 5s. Due July 1, 1939.—N.
Dated July 1, 1889. Interest payable Jan.
and July 1, at emer.
Authorized—$7,0 000.
Outstanding—$3, 400, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. —
Trustee—Mercantile Trust & Deposit - Co.
Baltimore.
Assumed by the: Consolidated Gas, Electric
Light & Power Co. of Baltimore.
Organization—See General Mtge. 4}4s.
Secured by first mortgage upon entire prop-
erty formerly owned by company, including the
Spring Gardens plant and distribution system.
Ronn perpetual. Total Population served,
Underlies—$30, 000, 000 Cons. Gas of Balt. Gen.
4¥4s, which provide ‘tor the retirement of this
issue, Cons. G., E. L. & P. of Balt. General
4l%s and Cons. Mtge. pe Stock.
Net Earnings, 6/30/14 $3,067,075
* Interest.... ‘ 1,567,690
Dividends, et ‘ 1,476,562
Surplus ‘ + 22,823
This issue . ‘ 884,829
Listed on: ‘the Baltimore Stock Exchange.
Original Market—$1,000,000 offered in 1900,
at 111% and° interest, by Stein Bros. and
J . Harmanus Fisher a mem J Baltimore.
larket.
Baltimore—Nelson, Cook & Co., Jenkins, Whed-
bee & Poe, J. Harmanus Fisher & Son, Alexander
Brown & Sons, Strother, Brogden & Co., Town-
send Scott & Son, Hambleton & Co., Owen Daly
& Co., Sutton & Co.
CONSOLIDATED GAS COMPANY OF NEW
JERSEY Ist Cons. 5s. Due Jan. 1, 1936.
—N.
Dated Jan. 1, 1896. Interest payable Jan.
and July 1, at Emerson, McMillan & Co., New
ork.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Organization—Incorporated in 1895 in New
Jersey as a consolidation of the Long Branch
a Light Co. and the Long Branch Elec. Light
Control—Practically entire capital stock owned
by American Light & Traction Co.
Secured by first mortgage on gas and electrie
plants supplying Long Branch, Sea. Bright,
Allenhurst, Asbury Park, Bradley Beach, Red
Bank, and a number of other places with gas,
and Long Branch, Monmouth Beach, etc., with
electric light and power. Population served
with gas, 52,000; with electricity, 22,000. Of
the 14 franchises under which the company
operates a majority are perpetual.
Underlies—$400,000 1st Ref, 6s,
authorized issue of $5,000,000, of whic.
are reserved to retire these bonds.
t Market.
New York—W. E. R. Smith & Co., Lamarche
& Coady, B. H. & F. W. Pelzer, Newburger.
Henderson & Loeb, Williamson & Squire, John W.
Christiansen, Starbuck, Van Sant & Legg, Gude,
Winmill & Co, eas
art of an
sufficient
221
Philadelphia—Geo. P. Bissell, Oscar R. Dare.
Jersey City—Edwin R. Case.
CONSOLIDATED GAS CO. OF NEW YORK
6% (Conv. Deb. Due Feb. 1, 1920.
Dated, Feb. 1, 1915. Interest payable Feb.
, May , Aug. 1 and Nov. 1, at the office or
agency of ‘the Company in New York.
Authorized and Outstanding—$25,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only..
: ag into stock of the company at par
on Feb. , 1918, or sr ‘interest date thereafter,
prior to Feb: 1, 1920
Organization—Incorporated in New York in
1884. The company owns a large part of te
plant pupplying gas and electricity in the Borough
of Manhattan, New York City, and controls
through stock: ownership all other companies
supplying gas and electricity (except one elec-
trie company whose operations are on a very
limited scale) in the same territory. The manu-
facture of gas is béing concentrated at Astoria,
Long Island, and a part of the proceeds of this
issue were applied to the purchase of the se-
curities of the Astoria Light, Heat & Power
Co., to enable ‘that company to enlarge its plant
to such a size as to be able to supply all of Man-
hattan with gas.
Security—A direct obligation of the company
but not secured by a mortgage. The company,
in its application to‘list these bonds on the New
York Stock Exchange, covenants with the New
York Stock Exchange that it will not dispose of
its stock interest in any constituent company
except where any constituent or subsidiary com-
pany, shall purchase its own stock for the pur-
pose of retirement and cancellation, or allow
any of said companies to dispose of its stock in-
terest in other companies, except on direct
authorization of the stockholders of the com-
pany, holding the opastcuent company.
Net Earnings, 12/31/13 $7,946,637
UN terest ssi +a sith breDtiesecus ite 826, 956
Listed on New York Stock Exchange.
Original’ Market—Offered to the stockholders
in Jan., 1915, to the extent of 25 % of their stock-
holdings, at par and interest.
CONSOLIDATED GAS CO. OF Deieekes
1st 5s. Due Feb. 1, 1948.—
Tax exempt in Pennsylvania.
. Dated ebruaey 1, 1898. Interest payable
Feb. and Aug. 1, at Brown Bros. & Co., at
York, or Alex. Brown & Sons, Baltimore
Authorized and Outstanding—$5,000,' 000:
Denomination—Coupon, $1, nr. " Registerable
as to principal. Registered, $1,0
Trustee—Maryland Trust ont Baltimore.
Guarantee—The Philadelphia Co. guarantees
4% per annum on the $2,000,000 preferred stock.
Organization—Incorporated in Penn. in 1871.
Owns the entire capital stock of the Allegheny
Illuminating Co., which has an exclusive fran-
chise to furnish the city of Allegheny with arti-
ficial gas. In 1898 purchased all property and
franchises of the Franklin Gas Co., supplying
artificial gas to a portion of Pittsburgh, and in
the same year acquired the properties of the
Pittsburgh Gas Co. and East End Gas Co.
Control—Entire common stock owned by
Philadelphia Co. which has po ao as part
security for its lst Coll. Trust 5s due 1 ‘he
Phila. Co. is controlled by the United “Railways
Investment Co.
Secured by first mortgage on entire property
of the amp ny and by deposit of the entire
$2,000,000 First Mort cage Bonds and entire
$2,000,000 capital stock of the Allegheny Illum.
Co., being a first lien on plants supplying Pitts-
burgh and Allegheny with artificial gas for lighting
perneies. Population of Pittsburgh, 600,000.
ranchises are perpetual and exclusive.
Net Earnings, 3/31/13.......... $100,762
Interest on bonds............. . 250,000
Other interest......-........... 55,977
Listed on Pittsburgh Stock Exchange. |.
Original Market—Underwritten in 1898, by
Alex. Brown & Sons, Baltimore, and Brown Bros.
& Co., Philadelphia, and offered at 10214 and
interest. :
Market. (°"
Philadelphia—Geo. N. Fleming, R. Glendinn-
ing & Co., Reed A. Morgan & Co., S. K. Phillips,
Chas. Fearon & Co., Henry & West, Oscar R.
Dare & Co.
New York—John W. Christiansen, Lawrence
Barnum & Co., H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
CONSOLIDATED GAS, ELECTRIC LIGHT &
POWER CO. (BALTIMORE) Gen. 44s.
Due Feb. 14, 1935.—F. :
Dated February 14, 1905. Interest payable
Jan. and July 1, at New York or Baltimore.
Authorized—$15,000,000.
Outstanding—$14, 606,000.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Continental Trust Co., Baltimore,
Registerable
d. ,
Organization—Company incorporated in Mary-
land in 19056, and, through consolidation and
acquisition of stocks of other companies, now
controls the entire gas and electric lighting busi-
ness of Baltimore, Md.
Secured by mortgage, subject to $17,911,000
prior liens, upon the entire property of the com-
pany including plants, stations, etc., supplying
the city and most of the county of Baltimore with
gas, electric light and power. These bonds are
a first lien on the Westport Power Station and
are further secured by deposit of 8,326 shares
being practically all the stock of the Mt. Wash-
ington El. Lt. & Power Co., and all the stock of
the Roland Park Elec. & Water Co. and Maryland
Securities Co. Franchises perpetual. Popula-
tion served 700,000. —
Prior Liens—$17,911,000 bonds.
Underlies—$3,406,550 Conv. 5% Deb. stock
and $2,500,000 Convertible Notes.
Net Earnings, 6/30/14........ $3,067,075
Interest . : _ 1,567,690
Dividends, etc...... 1,476,562
Surplus 22,823
Listed—Baltimore and London Stock Ex-
changes.
Original Market—Offered in 1905 by Harvey
Fisk & Sons, New York; $2,500,000 offered in
1909, by E. H. Rollins & Son, Boston, and Drexel
& Co., Philadelphia, at 86} and interest:
$2,000,000 offered in 1918 by Lee, Higginson &
Co., at,95 and interest. be
Market.
Baltimore—Hambleton & Co., Sutton & Co.,
J. Harmanus Fisher & Son, Baker, Watts & Co.,
Jenkins, Whedbee & Poe, Mackubin, Goodrich
& Co., John D. Howard & Co., Nelson, Cook &
Co., Strother, Brogden & Co., Poe & Davies,
Alex. Brown & Sons, Townsend Scott & Son, H.
R. Taylor & Co., Riggs & McLane, Colston,
Boyce & Co., Owen Daly & Co., Walter Koppel-
man, Colston, Boyce & Co.
New York--E. & C. Randolph, E. H. Rollins
& Sons, Mackay & Co., Chandler Bros. & Co.
Boston—E, H. Rollins & Sons.
Philadelphia—Penington, Colket & Co., Mel-
lor & Petry.
CONSOLIDATED GAS, ELECTRIC LIGHT &
POWER CO. (Baltimore) Convertible 5%
Notes. Due March 15, 1917.
Dated March 15, 1915. Interest payable
March 15 and Sept. 15, at Alexander Brown &
Co., Baltimore.
Authorized and Outstanding—$2,500,000. -:
222
Denomination—Coupon, $100, $500 and $1,000.
- Trustee—Maryland Trust Co., Baltimore, Md.
Organization, Property & Earnings—See Gen.
44s, above. :
Redeemable at par and interest. If less than
the entire issue is redeemed, the notes so retired
shall be determined by lot. :
Convertible. into common stock of the com-
pany at $115 per share.’ The company inaug-
urated dividends on its common stock in 1910 in
which year 4% was paid, 5% was paid in 1911
and 1912, and 6% in 1913. | = E
Security—A direct obligation of the company,
but not secured by a mortgage.
Original Market—Offered to the stockholders
in March, 1915, to the extent of one-sixth of the
par of their stock holdings, at 98 and interest.
CONSOLIDATED INDIANA COAL CO. Ist 5s.
Due June 1, 1935.—F.
Dated June 1, 1905. Interest payable June
and Dec. 1, at Guaranty Trust Co., New York.
Authorized—$4,000,000.
Outstanding—$2,488,000.
Held in Sinking Fund—$285,000.
» Denomination—Coupon, $1,000.
as to principal or fully registerable.
Trustee—Guaranty Trust Co., New York.
Redeemable at 110 and interest on any interest
date upon two months’ notice.
Sinking Fund—Annual sum equal to five cents
for each ton of coal mined from the mortgaged
property during the year to be applied to the
purchase: or redemption of these bonds at not
exceeding 110 and interest. All bonds so ac-
quired to be held alive in the Sinking Fund.
Guaranteed as to interest by the Chicago,
Rock Island & Pacific Ry. Co. by endorsement
on $2,500,000 bonds, Nos. 1 to 2500 inc.
Organization—Incorporated in 1905 in Maine
and acquired a number of coal properties in the
interest of the Rock Island Lines. ts
Control—$2,400,600 of the $3,400,600 capital
stock is owned by the Chicago, Rock Island &
Pacifie Ry. Co. é :
Secured by first mortgage on 1,260 acres of
developed coal lands owned in fee and rights
on 9,000 acres, all in the State of Indiana.
They are also a first lien on about 6,500 acres of
undeveloped coal lands in Illinois, of which
1,330 acres are owned in fee and the balance are
owned ‘in mineral rights. Estimated amount of
eon on these properties amounts to 218,000,000
ons, c
Listed on the New York Stock Exchange.
Original Market—$2,500,000 offered in 1905
by Speyer & Co., New York, and A. G. Edwards
& Son, St. Louis, at 99% and interest.
Market.
New York—Hartshorne & Battelle, F. J.
Lisman & Co., F. H. Hatch & Co., J. 3. Bache
& Co., Alfred Mestre & Co., B. H. & F. W.
Pelzer, A. E. Fitkin & Co., Coffin & Co., W. A. C.
Ewen, J. H. Becker & Co., R. B. Hathaway &
Co., Bigelow & Co.
Boston—F. W. Mason & Co., L. Sherman
Adams. : ;
Chicago—Hulburd, Warren & Chandler.
Registerable
CONSOLIDATED RAILWAY & POWER CO.
1st 5s. Due July 1, 1921.—F.
Dated July 1, 1901. Interest payable Jan. and
July 1, at Equitable Trust Co., New York.
Authorized—$3,000,000.
Outstanding—$1,472,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Assumed by the Utah Light & Ry. Co."
Organization—Incorporated in 1901 as a con-
solidation of a number of traction companies
and a power company in Salt Lake City and
vicinity. In 1904 was consolidatedwith the Utah
Registerable
Light & Power Co. forming the Utah Light &
Ry. Co., owning and operating 141 miles of street
railways together with gas and electric lighting
plants in Salt Lake City and Ogden, Utah.
Consolidated in 1914 with the Salt Lake Light
& Traction Co., into the Utah Light & Traction
Co. All of the stock is owned by the Utah
Securities Co. A further change in the corporate
relations of the last named companies is con-
templated.
Secured by first mortgage on entire property
formerly owned by company. Eranehine extends
to 1944. Population served, 85,0
Underlies—$1,485,000, Utah Light & Ry.
1st Cons. 6s which provide for retirement of
mae eet and $11,661,000 Utah Lt. & Trac.
o.
Earnings—Owing to merger, no significant
earnings are available.
Market.
New York—H. L. Sean ord: & Co., L. F. Hep-
burn, E. F. Hutton & Co., A. H. Bickmore &
Co., J. H. Howell & Co.
Chicago—Evers & Co., Union Trust Co., A. L.
Baker & Co.
(THE) CONSOLIDATED RAILWAY CO. Deb.
4s. Due July 1, 1954.—
Dated July 1, 1904. Interest payable Jan. and
July 1, at New York and Boston.
‘Authorized—$5, 000,000.
Outstanding—$4, 255, 000.
The balance of this issue has been cancelled.
(For description, organization, ete., see Con-
solidated Railway Deb. 4s due 1956.)
THE CONSOLIDATED RAILWAY CO.
50-
Year Deb. 4s.—
Dated * Authorized Outstanding
July 1, 1904...... $6, 000,000 $4,255,000
Jan. 2,1905...... 4,000,000 2,309,000
April 1, 1905...... 3 "500, 000 1, 340,000
Jan. 1, "1906. 10,000,000: 27011; °000
Entire amounts authorized have been issued,
the balance have been ee eneed for stock of the
N. Y., N. H. & H. R. R., $200 of these deben-
tures for each $100 seas
Denomination—Coupon, $1,000.
$10,000.
Assumed by, ene New York, New Haven &
Hartford R. R. C
Organization—Lncorporated i in 1901 under the
laws of Conn. as the Thompson Tramway Co.
and in 1904 assumed its present title. It owned
or controlled a number of companies whose lines,
aggregating 370 miles, formed ‘a through electric
route between New York and Boston, and com-
prised the street railway systems in New Haven,
Meriden, New London, Norwich, Great Barring-
ton, ete. On May 31, 1907,. the company was
merged with the New York, New Haven & Hart-
ford Railroad Co. The property formerly of the
Consolidated Ry. Co. is now owned and operated
by the Connecticut Co., all of whose $40,000,000
stock is owned by the New York New Haven &
Hartford R. R. Co. The control of this stock
has been transferred to a board of five trustees,
in ‘accordance with an agreement between’ the
N. Y., H. & H. R. R. Co, and the United
States Department of Justice, and the R. R.
Pompeny is bound to sell the stock before July
,
Registered,
19,
Security—A direct obligation of the N. Y., N.
.& H. R. R. Co. but not secured by mortgage.
The company covenanted not to place any
mortgage upon any of its property or franchises,
during the life of these Debentures, without
equally securing same thereunder.
Net Earninse Conn. Co.,
6/80/14: occu en sceds fee aed $2,578,533
. Interest and rentals....... 1,077,461
‘'Dividends.............-...,. 1,500,000
Listed on the New York Stock Exchange.
Legal for Conn., Me. and N.
Original Market—Offered in 1905, by Lee,
Higginson & Co:, Boston, New York and Chicago.
arket.
New Haven—Kimberly, Root & Co., Chas. W.
Scranton & Co., The W. T. Fields Co.
Baltimore—Baker, Watts & Co.
New York—Burgess, Lang & Co., F, H. Hatch
& Co., Lee, Higginson & ‘Co.
Bridgeport, Conn.—Hincks. "Bros. & Co.
CONSOLIDATED RAILWAYS, LIGHT &
POWER CO. 1st 5s. Due July 1, 1932.—N.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$600, pO
Outstanding—$517,
Retired by ‘Sinking Tead—882, 300.
Te $50, $100, $500 and
Trustee—Safe Deposit & Trust Co., Baltimore.
Sinking Fund—1% of outstanding bonds
annually to July 1, 1914, 14% to 1924, and
2% thereafter to be ‘applied to purchase of bonds
at not exceeding 105 and interest.
Guaranteed as to interest and sinking fund
by lease to Tidewater Power
Organization—Incorporated in North Caro-
lina in 1902 as a consolidation of gas, electric light
and street railway companies in the City of
Wilninet on: N.C. It owns 29 miles of track of
which 4 miles are leased to the Atlantic Coast
Line R. R. Co. until 1986. In Oct., 1907, the
property of the company was leased to the
‘ Tidewater Power Co. for 99 years for a rental
223
amounting to interest and sinking fund charges
on the bonds and 5% on the outstanding Pre-
ferred and Common Stocks.
Control—Leased to and practically all Pre-
ferred and Common Stock owned by Tidewater
Power Co.
_ Secured by a first mortgage on 31 miles of
street tailway track in Wilmington, N. C., and
on plants supplying gas and electricity in that
city. Population served 21,000. Franchises are
perpetual, and street railway franchise is exelu-
sive to 1937.
» Underlies—$626,000 Tidewater Power 1st 5s
secured in part by deposit of stock of this com-
pany...
Net Earnings Tidewater Power,
12/31/14 oa $156,504
Interest * *
Baltimore—J._ S. Wilson, Jr., & Co., Baker,
Watts & Co., J. Harmanus Fisher & Son, John D.
Howard & Co.
New York—N. W. Halsey & Co.
CONSOLIDATED SCHUYLKILL GAS CO.
1st 5s. Due Oct. 1, 1929.
Dated Oct. 1, 1899. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$200,000.
Outstanding—$150,000.
Denomination—Coupon, $500 an $1,000.
Trustee—Real Estate Trust Co., Phila.
Redeemable at 105 and interest. :
Organization—Entire capital stock acquired
by the Phoenix Gas & Electric Co., incorporated
in New Jersey in 1901 to acquire and operate all
the gas, electric and street ey properties of
Phoenixville, Royersford and aprine ity, ae
Absorbed by the Philadelphia burban Gas &
ann Co., a subsidiary of the American Gas
esuvedl by first mortgage upon entire property
of the Consolidated Schuylkill: Gas Co. Popu-
lation served, 15,000. -
Net Earnings, Ee Ss. G. & ee
12/81/18 55 case esecas haere ss $512, 493
Tnterest):.cnccs aia at 105 and interest on any interest
ate.
Organization—Incorporated in Louisiana in
1910 as a reorganization of the Consumers Elec-
tric Co. :
., Management—Bertron, Griscom & Co.
Control—Entire Common Stock owned by
United Gas & Electric Corp.
Secured by first mortgage on entire property
including main generating station and sub-
station supplying the entire business section and
part of the residential section of New Orleans
with electric light and power. ‘Franchise extends
to 1938.
Net Earnings, 12/31/14. $171, 225
Interest vies ule senorsvene ie ac be ccusitiee & 76,624
Original “Market—Offered in Feb., 1911, by
Bertron, Griseom & Co., New York and Phila-
delphia, and the Syracuse Trust Co. ., Syracuse,
N. Y., at 93 and interest. Lode
: . Market.
New see tres, Griscom & Co., Foster
- eS - & C. Randolph, John D.-Curtis &
, Gude, Winmiil & Co., Kirkpatrick & Lewis.
eS icee ne Ayling & Co., Hotehicin, & Co.
> Philadelphia—Oscar R.. Dare & Co. :;
‘ Cincinnati—Rudolph Bleybolte & Co:,
Chicago—McCoy Bec ok f
Hulburd,
1st 5s.
Registerable
$500 and
MS a
226
CONSUMERS GAS CO. (CHICAGO) Ist 5s.
Due Dec. 1, 1936.—F. _ . 4
Dated Dec. 1, 1886. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—-$5,000,000.
Outstanding—$4,246,000.
' Denomination—Coupon, $1,000. ;
Trustee—Central Trust Co., New York.
Assumed by Peoples’ Gas Light & Coke Co. of
Chicago. ,
Organization—Incorporated in Illinois in 1886
to acquire the property of the Consumers Gas
Light & Fuel Co., placed in the hands of Recei-
vers. In 1897 was merged into the Peoples’ Gas
Light & Coke Co,, which manufactures and sells
illuminating gas in Chicago.
_Seeured by first nee on property for-
merly owned by Consumers Gas Co.
Underlies—$20,554,000 Peoples’ Gas Light &
Coke Co. Ref. 5s due 1947, which provide for the
retirement of this issue.
Net Earnings, 12/31/14....... $6,789,505
Interest: 2g secu gs ened Be 2 28 2,390,600
ThiS 1ssUes.2 soc sas do does Gace 1,298,300
Listed on the New York, Chicago and Phila-
delphia Stock Exchanges.
Market. _.
Chicago—Central Trust Co. of IIl., John
Burnham & Co., Yard, Otis & Taylor, Babcock,
Rushton & Co., Harris Trust & Savings Bank,
Merchants’ Loan & Trust Co., Stanwood, Taylor
& Co., Curtis & Sanger. ¢ ;
New York—Plympton, Gardiner & Co.,
Harris, Forbes & Co., J. A. Clark & Co., Babcock,
Rushton & Co., John D. Curtis & Co.
Boston—N. W. Harris & Co. ,
CONSUMERS LIGHT, HEAT & POWER CO.
5s. Due June 1, 1938.—F. “
~ Dated June 1, 1898. Interest payable July and
Dec. 1, at office of Trustee. ;
Authorized—$1,000,000.
Outstanding—$308,000 ($115,000 additional
held by Trustee). . .
Denomination—Coupon, $500.
Trustee—New Jersey Title,
Trust Co., Jersey City. . .
% Assumed by United Electric Co. of New
ersey.
Organization—Consolidated in 1899 with
several other electric light and power companies
into the United Electric. Co. of New Jersey,
which supplies without competition the cities of
Newark, Jersey City, Hoboken, Bayonne,
Elizabeth, Montclair, Kast Orange and South
Orange. Franchises,. with few minor exceptions,
are unlimited as to time. Leased to Public
Service Electric Co., a subsidiary of the Public
Service Corp. of New Jersey, for 999 years.
Control—Practically entire $20,000,000 stock
of the United Blectric Co. of New Jersey is
owned by Public Service Corp. of N. J., which
issued its trust certificates in exchange therefor,
Dees anne United Electric Co. of
. J. 5s. ot
Market. ‘
Newark—Fidelity Trust Co., J. S. Rippel.
New York—W. E. R. Smith & Co., B. H. &
F. W. Pelzer, Starbuck, Van Sant & Legg,
Kirkpatrick & Lewis.
Philadelphia—S. K. Phillips.
Guarantee &
CONSUMERS POWER COMPANY (MICH.)
1st Lien & Ref. 5s. Due Jan 1, 1936.—F
Dated January 2, 1911. Interest payable Jan.
and July 1, at New York or Chicago.
Authorized—$35,000,000. ,
Outstanding—$12,936,000. .
‘Denomination—Coupon, $1,000. Registerable
as to principal. a
Trustee—Harris Trust & Savings Bank,
Chicago. : be canes :
Redeemable at 105 and interest on Jan. 1,
227
1916, or on any interest date thereafter on 12
weeks’ notice. ‘ 3,38
Sinking Fund—Annually, beginning 1915, 1%
of all bonds outstanding, including prior liens,
to be applied on account of sinking fund pay-
ments under mortgages of constituent. companies,
retirement of these bonds, or to reimburse the
company for 80% of the,cost of additions or
permanent extensions to its property or that of
its constituent companies for which no escrow
bonds have been or may be issued.
Organization—Incorporated in 1910 and con-
trols through stock ownership eight companies
supplying electricity for light and power to a
large number of cities throughout the State of
Michigan. ne
Controlled through stock ownership by the
Commonwealth Power Ry. & Light Co. :
Management—E. W. Clark & Co. and Hoden-
pyl, Hardy & Co., Inc. ;
Secured by first lien, through deposit of
$12,426,000 securities of constituent, companies,
on the entire property of these companies having
generating plants of approximately 33,600 H. P.,
and by lien, subject to their outstanding bonds,
on the entire property of three other companies.
Also secured by direct first mortgage on valuable
water rights on the Grand, Muskegon, Kala-
mazoo and Au Sable Rivers. The constituent
companies, whose properties are covered by the
lien of this mortgage, control the entire electric
light and power business in a wide territory in
the State of Michigan, including Grand Rapids,
Saginaw, Bay City, Kalamazoo, Flint, Jackson,
Battle Creek and a number of other cities and
eommunities. Total population served, 450,000.
Current is distributed under long term franchises.
and transmission lines are located almost entirely
on private right of way. 2
Prior Liens—$2,724,000 underlying bonds of
constituent companies.
Net Earnings, 11/30/14 . $1,907,094
Tnterestti cise sos. viene ones grote 817,919
Original Market—Offered in 1911, at 96 and
interest, by Harris, Forbes & Co., New York,
N. W. Harris & Co., and Perry, Coffin & Burr,
Boston, and Harris Trust & Sav. Bank, Chicago;
$1,200,000 offered by same firms in 1912, at 9744
and interest. $1,146,000 offered by same firms
in November, 1914, at 90 and interest.
Market.
New York—Harris, Forbes & Co., Coffin &
Co., Low, Dixon & Co., Plympton, Gardiner &
Co.,. Chandler Bros. & Co.,, Blodget & Co.,
Kirkpatrick & Lewis, Perry, Coffin & Burr,
Berdell Bros,, John W. Christiansen, Gwynne
Bros., J. H. Howell & Co., Ernest Smith,
Chicago—Chapman, Mills & Co., Harris Trust
& Sav. Bank, Alfred L. Baker & Co., Ames,
Emerich & Co., Hulburd, Warren & Chandler,
John Burnham & Co., E. T. Konsberg & Co.,
Paine, Webber & Co.
. Philadelphia—E. W. Clark & Co., Harper &
Turner, Oscar R. Dare, Goodall, Wester & Co.,
Chas. J. Bender & Co. : ey
Boston—Merrill, Oldham & Co., W. L. Ray-
mond & Co., N. W. Harris & Co., Perry, Coffin
& Burr, Walter S. Place, L. Sherman Adams,
Geo. L. Ware, Inc., F. B. Bassett & Co., Paine,
prebner & Co., F. W. Mason & Co., Hotchkin
‘0. ; ;
Denver—James N. Wright & Co.
Albany—H. J. Prince. |
Louisville—Jas. C. Willson & Co.
Detroit—First National Bank, W. A. Hamlin
& Co., H. W. Noble & Co.
Providence—Brown, Lisle & Marshall.
CONSUMERS POWER CO. (MINNESOTA)
ist 5s. Due Nov. 1, 1929.—F..
Dated November 1, 1909. Interest payable
May and Nov. 1, at Trustee’s office, New York.
Authorized—$10,000;000. - - :
Outstanding—$7,121,000.
Denomination—Céupon, $1,000 and $500.
Registerable as to principal.
Trustees—Guaranty Trust Co., New York, and
William C. Cox, New York.:
Redeemable at 105 and interest on Nov. 1,
1914 or any interest date thereafter on 30 days’
notice.
Depreciation and Renewal Fund—lIndenture
provides that company shall deposit annually
3% of outstanding bonds, which may be with-
drawn and invested in renewals and replacements
to its property in addition to ordinary expen-
ditures for repairs and maintenance. Sinking
Fund payments to Dec. 1, 1914, amounted to
$769,550, which was reinvested in the property.
Organization—Incorporated in 1909 as ‘suc-
cessor to the Washington County Light & Power
Co., and controls either through’ direct owner-
ship or acquisition of the capital stocks, a number
of gas, electric light, hydro-electric power,
steam-heating, street railway and_ telephone
properties in the States of Minn., No. Dakota,
So. Dakota, Wis., and Ill.
‘ Control—Entire stock owned by Northern
States Power Co., which is controlled by the
Standard Gas & Elec. Co. :
Management—H. M. Byllesby & Co.’
‘Secured by mortgages, subject to $3,121,000
peice liens on '8 hydro-electric power plants, 10
steam electric power houses, 4 steam-heating
plants, 5 artificial gas works, transmission lines,
ete., avin Minneapolis, St. Paul, Minn., Fargo,
N. D., and a large number of: other cities and
towns in Minnesota and North Dakota.: | Total
population served, 750,000. '
Prior Liens—$3, 121, 000 bonds of dauaiaiey
companies. |
-Underlies—Authorized issue of $75,000,000
General Mortgage 5% Bonds due 1937, of which
$5,000,000 ‘have been deposited under an issue
ie Northern States Power Co. Coll. Notes due
oe Earnings; fl
9 /3 $1,753,072
" Interest, ine. div. bond OS's. 5 i ' 873,
Original Market—Offered in 1912 by WwW. P.
Bonbright & Co., New York, and H. F. Bachman
& Co., Philadelphia, at 90 and interest. Offered
in. February, 1915, by William B. Bonbright &
Co., New York, and H. M. Byllesby & Co., New
York and Chicago, at 9034 and’ interest.
Market.
New York—Wm. P. Bonbright & Co., Dick
Bros. & Co., Chandler Bros. &: ee Fred.
Hatch & Co., A. D. Converse & Co., A. E. twin
& Co., Burgess, Lang & Co., Coffin & Co., John
Burnham & Co., H. F. Bachman & Co., Gwynne
Bros., E. & C. Randolph, Rauscher & Childress,
Bigelow & Co., H. M. Byllesby & Co., J. H.
Howell & Co., ‘John D. Curtis & Co., R. B.
Hathaway & Co., Didrichsen & Co., Berdell
Bros., Geo. H. Burr & Co., Coggeshall & Hicks,
Gude, Winmill & Co.
Chicago—John Burnham & Co., Hulburd,
Warren & Chandler, Alfred L. Baker & Co.,
Yard, Otis & Taylor, H. M. Byllesby & Co., E.
T.'Konsberg & Co. ‘
New Haven—The W. T. Fields Co.
Philadelphia—H. F. Bachman & Co., S. K.
Phillips, Chandler Bros. & Co., Ocsar R.: Dare.
Minneapolis—Stevens, Chapman & Co.
Boston—L. Sherman Adams, Burgess, ane
& Co., Moors & Cabot, F. B. Bassett & Co.,
W. Mason & Co., Hotehkin & Co.
Detroit—Wm. Hughes Clark, W. A. Hamlin
Co.
Portland, Me.—Chester H. Pease.
St. Louis—John Nickerson, Jr.
Cincinnati—Rudolph Kleybolte &. Co.
CONSUMERS POWER co. OF MINNESOTA
8%," Collateral Notes. Due May 1, 1917.
Dated Nov. 1, 1913. Interest payable May
and Nov. 1, at Trustee's office.
Authorized—$3,000,000.
Outstanding—$1,390,000.
Denomination—Coupon,
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable on 80 days’ notice at 101 and
interest prior to May 1, 1916 and at par and
interest thereafter.
Secured ‘by deposit of $1,120,000 General
Mortgage 5s due 1937, and $514,303 in cash.
Additional notes may be issued for 80% of the
par value of General Mortgage Bonds deposited.
For further details see Gen. 5s above.
Original Market—First offered by Wm. Bon-
bright & Co. New York, one at 97 and interest.
Market.
New York—Wm. P. Bonbright & Co., H. M.
Byllesby & Co., Tobey & Kirk, Didrichsen & Co.,
Berdell Bros.
Chicago—H. M. Byllesby & Co., E. T. Kons-
berg & Co.
Boston—Burgess, Lang & Co., L. Sherman
Adams.
$500 and $1,000.
con aneN ee COAL CO. Ist 5s. “Due Feb. 1
1952 —.
Dated Feb. 1902. Interest. payable Feb. 1
and Aug. 1,,at y ‘Pe, gilorese & Co., New, York.
Authorized—$3,
Outstanding—$1, oon OR.
Retired by Sinking Fund—$1, 533, 000.
Denomination—Coupon, $1,000. Registrable
as to principal. \
Trustee—Guaranty Trust Co., New York. ©
Redeemable at 110 and interest on any interest
date on 30 days’ notice.
Sinking Fund—Annually 5c. per ton of all
coal mined: ‘and sold to be applied to purchase
or redemption of these bonds at not exceeding
110 and interest.
Guaranteed as to principal and interest by
endorsement by the Toledo & Ohio Central-Ry.
Co. and Hocking Valley Ry. Co.
Organization—Incorporated in West Vir-
ginia in 1902 and purchased and leased coal
lands in the State of Ohio adjacent to the two
above railroads and Zanesville & Western R. R.
Property of company was leased on July 1,
1905, for 39 years to the Sunday Creek Co. :
Secured by ‘first mortgage on 2,200 acres of
coal lands and rights on 28,000 leased acres
Ohio. in Athens, Perry and Hockings Counties,
io
Listed on New York Stock Exchange.
Original Market—Offered in 1902, at 10543
and interest by Harvey Fisk & Sons, New York.
Market.
New York—Hartshorne & Picabia, Alfred
Mestre & Co., F. H. Hatch & Co., C. D. Barney
& Co., Gilman & Clueas, Jas. B. Colgate & Co.
CONTINENTAL COAL CORP.
July 1, 1941.—N.
Dated July 1, 1911. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$2, 353, 900.
Retired by Sinking Pund—$646,10
Denomination—Coupon, $500 ae $1, 000.
Registerable as to principal.
Trustee—Hamilton Trust & Savings Bank,
Chattanooga, Tenn.
Redeemable (on any interest date at 103 and
interest.
- Sinking Fund—Five cents per ton of coal mined.
Organization—Incorporated in Wyoming in
1918 and acquired coal properties in Kentucky
of the Continental Coal Corp. of Tenn., totaling
35,000 acres of land. Company owns 18 mines.
and has a daily. output of 5,000 tons. :
Secured by first mortgage on 30,000 acres of,
cont land and improvements, located in Ken-’
ucky.
ist 6s. Due
228
Market. 4
New York—Chas. H. Jones & Co., C. D.
Barney & Co. i
ulburd, Warren & Chandler.
Chicago—H
CONTINENTAL GAS & ELECTRIC CORP.
1st Coll. Tr. S. F..58. Due Nov. 1, 1927.—F.
Pennsylvania State Tax refunded. y
Dated Nov. 1, 1912. Interest payable May 1
and Nov. 1, at Citizens’ Savings Trust Co.,
Cleveland and New York. "
Authorized—$5,000,000. nee
_, Outstanding—$1,290,000.
Deénomination—Coupon, $100, $500 and $1,000.
Registerable as to principal. |
Trustee—Citizens’ Savings & Trust Co.,
Cleveland. —
Redeemable at 105 and interest on any
interest date. ;
_ Sinking Fund—2% of issued bonds in semi-
annual payments to be applied to purchase or
redemption of these bonds at, not exceeding 105
and interest. | : ee
.- Organization—Incorporated in 1912 in Dela-
ware and owns practically all the bonds and stocks
of a number of gas and electric companies operat-
ing in lowa and Nebraska.
__ Secured by lien through deposit of the secur-
ities of seven constituent companies upon all
their properties serving 2 number of cities in
Iowa and Nebraska with gas and electricity.
Population served, 55,000. No franchise expires
prior to 1928 and several are perpetual.
, Net Earnings, 12/31/14 “$197,462
Interest........ Fee ANN Is ee 70,315*
*Includes interest on bonds not outstanding,
some of which were not outstanding throughout
Original Market.—Offered in 1913 at 93 and
interest by P. W. Brooks & Co., New York.
Market.
New York—P, W. Brooks & Co., Howe, Norris-
& Co., Kirkpatrick & Lewis.
Cleveland—Otis & Co.
Boston— Marshall & Co.
Detroit—H. W. Noble & Ca.
Grand Rapids—Howe, Snow, Corrigan &
Bertles.
CONTINENTAL PASSENGER RAILWAY CO.
: 1st 4s. Due July 1, 1959.
Tax free in Pennsylvania.
Dated June 30, 1879, and extended from July
1, 1909, with interest reduced from 6%. Interest
payable Jan. and July 1, at office of Trustee.
Authorized and Outstanding—$280,000.
Denomination—Coupon, $500 and $1,000, fully
registerable.
Trustee—Land Title & Trust Co., Phila.
Guaranteed as to interest under terms of the
lease by Bulladel phe Rapid Transit Co.
Organization——Incorporated in 1873 and leased
in 1880 for 99 years to Union Passenger Ry. Co.,
at a rental equivalent to operating expenses,
taxes, interest and $6 per share on stock. Lease
ys sete. to Philadelphia Rapid Transit Co.,
in aes.
Secured by first mortgage on 13 miles of track
in Philadelphia.
Listed on Philadelphia Stock Exchange.
COOPERSTOWN & SUSQUEHANNA VALLEY
RAILROAD CO. Ist 5s. Due May 1, 1918.
—N.
‘See Map 44.
Dated May 1, 1888. Interest payable May
and Nov. 1, at National Bank of Cooperstown,
“authorized and Outstanding—$200,000.
Denomination—Coupon, $100, $200, $300 and
500. -
? Trustees—Andrew Davidson, Wm. Brooks and
Chas. K. McHarg.
229
Guaranteed as to interest, under terms of lease,
by the Cooperstown & Charlotte Valley R. R. Co.
Organization—Chartered in New York in 1865
and in 1889 leased its property for 99 years to the
Cooperstown & Charlotte Valley R. R., which
has been absorbed by the Delaware & ‘Hudson
0.
Control—Delaware & Hudson Co.
‘Secured by first: mortgage on (8) 19 miles of
road from Cooperstown to Charlotte Crossing,
N. Y., at the rate of $10,000 per mile.
. Legal for Cal. and Me. Se
. New York—Kirkpatrick & Lewis.
COPPER RANGE RAILROAD. Ist 5s.
- Oct. 1, 1949.—F. ... .
'. Dated Oct..1, 1899. Interest payable April
and Oct. 1, at Old Colony Trust Co., Boston.
Authorized—$5,000,000 (limited to $20,000
per mile of road and $15,000 per mile of siding).
Outstanding—$2,280,000 ($870,000 owned by
Copper Range Consolidated Co.).
enomination—Coupon, $500 and $1,000.
Trustee—American Trust Co., Boston. |
Organization—Incorporated in Michigan in
1899 and road opened for operation in 1899.
Controlled through stock ownership by Copper
Range Mining Co. :
Secured by first mortgage on road from Hough-
ton to McKeever, Mich., and a number of
branches in the State of Mich., aggregating 106
miles, Sogethier with all buildings, shops, equip-
ment, etc.
Due
Net Earnings, 12/31/13......... $98,846*
Interests i6:0.0ciisaas teens «oo 114,000
*Compares with $231,773 in 1912, 1914 was
the only year in which the company showed a
deficit, due to the prolonged strike in the copper
mines served by this company.
Legal for Me., Mo. and R. I.
Listed on the Boston Stock Exchange.
Market.
Boston—-Paine,. Webber & Co.
CORN PRODUCTS REFINING COMPANY Ist
. F. 5s. Due May 1, 1934.—F.
Dated May 1, 1909. . Interest Ra
and Nov. 1, at Title Guarantee
New York.
Authorized—$10,000,000.
Outstanding—$5,507,000.
Retired by Sinking Fund—$1,465,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Title Guarantee & Trust Co., New
York and C. H. Kelsey. |
Redeemable at 105 and interest on any interest
date on 60 days’ notice. :
Sinking Fund—2% annually of all bonds
issued, for the purchase or redemption of these
bonds at not over 105 and interest, bonds to be
cancelled.
Organization—Incorporated in 1906 in New
Jersey and is a consolidation of the Corn Prod-
ucts Co. of New York, the New York Glucose
Co., Warner Sugar Refining Co., and other
companies manufacturing corn syrup, starch and
by-products. -
Secured by first mortgage on plants located
at Waukegan, Pekin, Granite City and Argo, IIL,
and Davenport, Iowa, and by second mortgage
on plant of New York Glucose Co. at Edgewater,
N. J., Further secured by deposit of stocks of
ten constituent companies, and $2,217,000
National Starch 5s.
Prior Liens—$1,181,440 New York Glucose
Co., 1st 6s due 1926.
Underlies—$1,233,000 Debentures.
‘Net Earnings, 12/31/14 $3,599,627
Interest...... iavteasieis hsb usr onded a 312,453
Listed on the New York Stock Exchange.
Original Market—$5,000,000 offered in May,
yor at 98 and interest, by Speyer & Co., New
ork.
yable May
Trust Co.,
Market.
New York—Seasongood & Haas, Ladd & Wood,
Bigelow & Co., Robinson & Co., Freeman & Co.,
Speyer & Co., Hartshorne & Battelle, Babcock,
Rushton & Co., Pouch & Co., Jones & Lanman.
- Chicago—First National Bank,’ Stanwood,
Taylor & Co.
CORN PRODUCTS REFINING COMPANY
ee Nene Deb. S. F. 5s. Due Nov. 1, 1931.—
Dated November 1, 1906. Interest payable
May and Nov. 1, at Title Guarantee & Trust Co.,
New York.
Authorized—$2,843,000. ;
Outstanding—$1,233,000 (Closed mortgage).
Retired by Sinking Fund or Exchanged for 1st
5s _ of. 1934—$984,000.
Denomination—Coupon, $1,000. a
Trustee—Title Guarantee & Trust Co., New
York.
Redeemable at par and interest on any interest
day on four weeks’ notice.
Sinking Fund—$114,000 annually on or before
Nov. 1 to be applied to redempt ionand cancella-
tion of these bonds at not exceeding par and
interest. y Ei
Exchangeable for Corn Products Refining Co.
Ast_5s of 1934 at par. ‘
- Organization—See 1st 5s of 1934.
Security—A direct obligation of the company,
but not secured by mortgage. Holders may
exchange same par for par for First Mortgage
Sinking Fund 5s due 1934, The company
covenants that in-the event of issuing any new
mortgage upon its property such mortgage will
include all bonds of this issue, and holders shal
have the privilege of exchanging same at par for
the new bonds. : 3
Earnings—See 1st 5s.
Listed on the New York Stock Exchange.
Market. .
New York—Ladd & Wood, Hartshorne’ &
Battelle, Foster & Adams, Babcock, Rushton &
Co., Pouch & Co., Jones & Lanman. nee
CORNING GAS & ELEC. CO. Ist 5s. Due
July 1, 1951.—F. .
Dated July 1, 1901. Interest payable Jan. and
July 1, at Equitable Trust Co., New York.
Authorized—$375,000. §°-- ee
Outstanding—$363,000. e pe
~ Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co. | d
Organization—Incorporated in New York in
1901 as a consolidation of the Corning Gas Co.,
and Corning Light & Power Co. 6 © =.
Secured by first mortgage on plants supplying
gas and electricity to Corning, N. Y., and Corn-
ing Town and Painted Post. Population served,
18,000. Franchise perpetual.
Net Earnings, 12/31/13.......... $30,569
Market.
New York—F. H. Hatch & Co., John W.
Christiansen, Kirkpatrick & Lewis. |
Boston—Hotchkin & Co., H. C. Spiller & Co.
CORNWALL & LEBANON RAILROAD Ist 4s.
Due April 1, 1921:—F.
Tax free in Pennsylvania.
_ Dated April 1, 1891. ' Originally 5%, but
interest rate reduced in 1906. Interest payable
April and Oct. 1, at Trustee’s office. «
Authorized—$800,000. Gay &
Outstanding—$613,700.
In Treasury—$151,200.
Denomination—Coupon and Registered, $100,
$250, $500 and $1,000.
Trustee—Lebanon Co. Trust Co., Lebanon, Pa.
Organization and Control—Incorporated in
Pennsylvania in 1882. In 1913 the Penngyl-
vania R. R. Co. acquired a majority of the stock,
Secured by a first mortgage on 26 miles of road
from Conewago to Lebanon, and spurs. The
road was built largely, to’ serve the Pennsylvania
Steel Co., which” has’ extensive ore deposits at
Lebanon. These bonds are outstanding at the
rate of $24,000 per mile.
Net Earnings, 6/30/14 ag $34,022
Interest........-2.--5 oer 24,548
; Market. at x
Philadelphia—Henry & West, Chas. Fearon
& Co., 8. K. Phillips. o
CORRIGAN CONSOLIDATED ST, RAILWAY
Ist 5s. Due July 1, 1916.—F. ;
Dated July 1, 1886. Interest payable Jan. and
July 1, at Trustee’s office. : net
Outstanding—$156,000. : a
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable at 110 and interest. aay
Organization—Merged into the. Metropolitan
Street Ry. Co. of Kansas City, which controls
Practically, all the street railways in Kansas City,
o., and Kansas City, Kan., as well as several
adjacent, cities. Entire stock of this company
owned by the, Metropolitan Street Ry. of Kansas
City, which company is now in the hands of
receivers, owing to franchise difficulties. The
Metropolitan Street Ry. Co. was granted a new
80-year franchise, in 1914, and plans for the
refinancing of the company are now being con-
sidered. The U. S. Circuit Court has held that
the railway and electric companies must be
financed soparatly. | ae :
Secured by first mortgage on 24 miles of street
railway forming important part of the system in
Kansas City, Mo. Franchise expires 1925.
' Underlies—$23,000,000 Met. St. Ry. Cons.
5s and Kansas City Ry. & Let. 1st Lien & Ref,
5s and notes. All of these issues fell due in 1913,
but owing to franchise difficulties company
defaulted in payment of principal: :
; arket.
Chicago—Hulburd, Warren & Chandler.
CORTLAND COUNTY TRACTION CO. Ist 4s.
Due April 1, 1921.—F. ;
Dated July 1, 1901. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$180,000.
, Denomination—Coupon, $500.
“"Trustee—County Savings Bank & Trust Co.,
Scranton, Pa.
. Organization—Chartered in 1901 under the
laws of New York as a reorganization of the
Cortland & Homer Traction Co., sold at fore-
closure. In 1905 absorbed the Cortland &
Homer Electric Co., which it had previously
controlled. — = :
Secured by first mortgage on 16 miles of
track extending from Cortland, N. Y. to nearby
towns. Population served 18,000. Charter
extends to 1944.
Underlies—$425,000 bonds which provide for
retirement of this issue.
Legal for Me.
Net Earnings, 6/30/14........... $35,779
Interest and rentals..............-. 29,23:
This issue... .. oan's da sh sirartaeaiie aie’) Sasi 9,082
Boston—H. C. Spiller.
COUDERSPORT & PORT ALLEGHENY
__ RAILROAD Ist 5s. Due Jan. 15, 1916.—F.
See Map 14. :
Tax exempt in Pennsylvania.
Dated Jan. 15, 1896. Interest payable Jan.
and July 15, at Trustee’s office.
Authorized and Outstanding—$245,000.
Denomination—Coupon, $100 and $1,000. |
Trustee—Commonwealth Trust Co., Harris-
burg, Pa.
Secured by first mortgage on (11) 44 miles of
road from-Port Allegheny to Ulysses and branch
to Coudersport, all in Penna.
230
Net Earnings, 6/30/14...........
Tnteretts sci censsawiace es iba es aceks
Legal for Me.
Market.
Philadelphia—E. W. Clark & Co.
COUNCIL BLUFFS GAS & ELEC. CO. Ist 5s.
Due Noy. 1, 1928.—N.
Dated Nov. 1, 1898. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$300,000.
Outstanding—$200,000.
Retired by Sinking Fund—$100,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Sinking Fund—$5,000 per annum.
Assumed by Citizens’ Gas & Elec. Co.
Organization—Merged in 1904 into the Citizens’
Gas & Electric Co., whose property has been
aequired by the Omaha Elec. Light & Power Co.
Secured by first mortgage on plants supplying
Council Bluffs, Iowa, with gas and electricity.
Franchises expire in 1925, Population served,
about 31,000.
“Underlies—$447;000 C. G. & E. 5s.
-Net Earnings, 12/31/10*.........
TNCOR OSs ocosicese-o seasera ccna gases cbs. 80,025
_ *Latest available.
$29,804
12,250
Market. —
New York—Bigelow & Co., J. K. Rice, Jt, &
Philadelphia—Elkins, Morris & Co., s. K.
Phillips.
COUNTIES GAS & ELECTRIC CO. General
50-Year 5s. Due Oct. 1, 1962.—F.
Tax exempt in Pennsylvania.
Dated Peroker 1, 1912.. Interest payable
April and Oct. 1, at office of Trustee.
‘Authorized—$7, 500 é
-Outstanding—$1, 298.0 00.
Denomination—Coupon, $1,000.
as to principal.
ee nee Trust Co., Philadelphia,
Registerable
: Reilenauble as 2 whole at 105. and interest on
Det! 1, 1917; or any interest date thereafter on
eight ‘weeks’ notice.
Organization—Incorporated in 1912 in Penn.
succeeding the Merion & Radnor Gas & Electric
Co., and is a consolidation of 14 companies serv-
ing the suburbs of Philadelphia’ with gas and
electricity.
-Secured by mortgage on gas plants.at Ard-
more, Pa., and electric plants at’ Wayne, Pa.,
serving a total of 16 communities in the suburbs
of Philadelphia..
Prior_Liens—$1,317,000 Merion & Radnor
Gas & Electric 5s due 1954 and $480,000 Gas Co.
of Montgomery County 4s and 5s due 1960.
Original Market—Offered in 1913, at par and
interest by Ervin & Co., Philadelphia.
Market. :
Philadelphia—Ervin & Co., Elkins, Morris &
Co., Reed A. Morgan & Co., Drexel & Co.,
E. L. Stokes, S. K. Phillips, C. D. Barney & Co.,
Oscar R. Dare, Frazier & Co., Graham & Co.
CRAMP (WM.) & SONS SHIP & ENGINE
BLDG. CO. 5% Notes. Due semi-annually
$140,000 each January and July 1 to July
1, 1918 and $170,000 to July 1, 1923.—F.
Tax exempt. in Pennsylvania.
Dated May 1, 1903. Interest payable Jan.
and July 1, at Drexel o Co., Philadelphia.
Authorized—$5,000,000.
Outstanding—$2,670,000.
_Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Phila.
Redeemable on any interest date at 1024
and interest on 30 days’ notice.
Organization—Incorporated in 1872 in Penn.,
succeeding to the-ship-building and machinery
business of Wm. Cramp established in 1880.
It owns the entire capital stock of I. P. Morris
Co., with iron works at Port Richmond, and the
Kensington Shipyard Co., and a majority of the
capital stock of the Federal Steel Foundry Co.
Secured by deposit of an equal amount of
Consolidated Mortgage 5% Bonds of the com-
pany, of an authorized issue $7,500,000, which
are a lien, subject to 1st mortgage bonds on entire
property of company.
Prior Liens—$1, 087, poe 1st 5s due 1929.
Net Earnings, 4/30/13 bie basics 1,180,332*
Interest............. a6 teeters g 27855
This issue: 2 is.5 356 sce oon 252,855
aoe with a four-year average of
$627,127.
Original Market—First offered by Drexel &
Co. at 90 and interest with 20% bonus of stock.
CRAMP (WM.) & SONS SHIP & ENGINE
BUILDING CO. Ist 5s. Due March 1,
1929.—F.
Dated March 1, 1899. Interest payable March
and Sept. 1, at Fedele zrust Co., Philadelphia.
Authorized—$1,500,
Outstanding—$1, Onto
Retired by Sinking Fund—$413, 000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 110 and interest for the Sink-
ing Fund annually on Jan. 31st.’
Sinking Fund—$25,000 yearly Jan. 31st.
Guaranteed principal and interest by the
I. P. Morris Co..
Organization—See 5% notes.
Secured by first mortgage on the property
of the Cramp & Sons Ship & Engine ding
Company and the I. P. Morris Co., including
plant and buildings covering 45 acres in Phila-
delphia and 57 acres of water frontage, and the
Port Richmond Iron Works.
Underlies—$2,680,000 Serial 5% notes and
$1,000,000 Three-Year 5% notes. ' - ' ‘
Net ‘Earnings, 4/30/14 $1,180,332*
Interest . ,
This. issue. Felgrls 99,272°
« Rhiladelphia— Mellor & Peis! ‘Chandler Bros.
& Co.,S. K. Phillips, E. B. Smith & Co., Robt.
Glendinning & Co., C. C. Harrison, Jr., ’& Co
has. Fearon & Co., Frazier & Co., Oscar R.
Dare & Co., Rufus Waples & Co., Wistar &
Stokes, Graham & Ca.
een York—Chandler Bros. & Co. ., Tobey &
ir
CRAMP (WM.) & SONS SHIP & ENGINE
. BUILDING CO. 3-Year Coll. Trust 6s.
‘. Due April 1, 1916. ‘
Tax free in Pennsylvania.
' Dated April 1, 1913. Interest payable April
and Oct. 1, at office of Trustee.
Authorized—$1,200,000.
Outstanding—$599,000.
Retired—$200,000.
Held in Treasury—$401,000.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Redeemable at 101 and interest on any interest
date on two weeks’ notice.
Organization—See 5% notes due 1911-23.
Secured by pledge of $2,000,000 Consolidated
Mortgage 6% Bonds of an authorized issue of
$7,500;000, which are a lien, subject to the Ist
mortgage bonds on the entire property of thé
company.
Prior Liens—$1,150, 000 1st 5s due 1929.
Earnings—See 5% ‘notes above.
CROMPTON & KNOWLES LOOM WORKS
CO. 6% Debs. Due -$100,000 annually to
1919 and $400,000 on Oct. 1, 1920.—N.°
Dated oct. 1, 1910. Interest payable ‘April
and Oct. 1, at Trustee’s office. ‘
231
' Authorized—$1,500,000.
oe da la ln al
_Retired—$696,0
Denomination-Coupon, $1,000, -
as to principal. -
. ‘Trustee—Old Colony Trust Co., Boston, Mass.
- Organization—Incorporated: in 1900 in Mass.
and succeed. the Crompton & Knowles Co. of
Conn. Owns plant at Worcester and branch
plants at Providence and Philadelphia for the
manufacture ‘of looms and other weaving ma-
ehinery. |
Security—A direct ohligation of the company,
but not secured by mortgage.
Market.
Boston—Lee, Higginson & Co.
Philadelphia—S. K. Phillips.
CROSSTOWN (BUFFALO) STREET RAILWAY
‘Ist 5s. Due May 1, 1932.—F..
. Dated ‘May 2, 1892. Interest payable May
and Nov. 1, at Trustee s office.
Authorized—$3, 000,000.
; Outstanding—$2,' 974, 000 ($350, 000 owned by
International Ry. Go.)
Denomination—Coupon, $1, 000.
Trustee—Metropolitan Trust Co., New York.
Guaranteed .as to principal and interest’ by
Buffalo Ry. Co.
Control—Absorbed. by the International Ry.,
the entire capital stock of the latter company is
owned. by the International Traction Co., which
is controlled by United Gas & Electric Co.
Secured by a first mortgage on 53. miles of
street railway in Buffalo, N. Y. Franchises are
perpetual.
. Under lies — $19. 556,000 International Ry. Co.
Ref. & Imp.
Net Earnings, (Int. Ry. Co.),
12/81 /lh ec: so xacs te 3 oda $2,346,947
Interest and sinking june pee ges 1,271,889
Mar
Buffalo—J. Cc. baie 4 Con John T. Steele.
Louisville—J. J..B. Hilliard & Son.
CROSSTOWN STREET ae pies (COLUM-
BUS) Ist 5s. Due June 1, 1
Dated June 1, 1893. Interest paras June
and Dec. 1, at E. W. Clark & Co., Philadelphia.
Authorized—$2,000,000.
-Outstanding—$572,000.
Unissued bonds cancelled.
Denomination—Cou
as to principal. .
Trustee—Columbia Trust Co.,
Control—Merged into the Columkus Ry. an Lt.
& Pr. Co. in 1914.
Secured by: first mortgage on important street
railways in Columbus, Ohio, including the only
line serving the western part of the city. Fran-
chises for most of the street railway lines in
Columbus expire in 1926, but a part of the lines
covered by this mortgage: are operated ;under
franchises graotes in 1868 and 1878, which the
company claim to be perpetual.
Underlies—$3,145,000' Columbus Ry. Ast
Cons. 4s of 1939 which provide for the retirement
of this issue.
Earnings—Owing to recent consolidation no
significant earnings are available.
Listed on the Philadelphia and Columbus
Stock Exchanges.
Registerable
000. Registerable
Market.
Philadelphia—E. W. Clark = Co., Henry &
West, poling: Morris & Co., cme &
Co., W. H. Newbold’s Son & és., K. Phillips,
Oscar Re “Dare.
Baltimore—Jenkins, Whedbee & Poe, Riggs &
McLane.
New York—Tobey & Kirk.
CROWELL & THURLOW STEAMSHIP CO.
4 Ist 6s. Series ‘‘B.””. Due $15,000 annually
to July 15, 1924, inclusive.—F.
Dated July 15, 1913.
and July 15 in Boston.
Authorized—$150,000.
Outstanding—$135,000.
Balance Retired—.
Denomination—Coupon, $1, 000.
as to principal, ~
Trustee—Exchange Trust Co., Boston.
Redeemable on any interest date at 105 and
interest on four weeks’ notice or from insurance
at 100 and interest in case ‘of the loss of the vessel.
Organization—Incorporated in Maine in 1912,
and owns two steel steamships, viz.: ‘Peter H.
Crowell’ and “Lewis K. Thurlow” launched in
1912 and 1918 respectively.
Secured by a first mortgage on the steel steam-
ship “Lewis K. Thurlow,” costing about $300,000.
There is a similar issue of $150,000 on the ‘‘Peter
H. Crowell.”
Original Market—Offered in 1913 by Adams &
Co., New York and Boston, at par and interest.
Market.
Boston—Adams & Co.
New York—Adams & Co.
CRP Co. 1st 5s.
Interest payable Jan.
Registerable
Due July 1,
Tax exempt in Pennsylvania.
Dated July 1, 1911. Interest payable Jan. ona
July 1, at Union Trust Co., Pittsburgh.
Authorized—$1,000,000.
Outstanding—$880,000.
Cancelled by S. F.—$120,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ceed
Trustee—Union Trust: Co., Pittsburgh.
Redeemable at 102% and interest on any
interest date on four weeks’ notice.
Assumed by the Crucible Fuel Co.
Sinking Fund—10 cents per ton of run-of-mine
coal mined. Minimum payment of $40,000 per
annum payable semi-annually.
Control—The coal properties of this company
have been purchased by the Crucible Fuel Co.
and the entire capital stock of the latter com-
pany ($5,000) is owned by this company which
is.a subsidiary of The Crucible Steel Co. of
America.
Secured by a first mortgage on 2,023 acres of
coal together with mining plants and equip-
ment costing over $1,600,000. and estimated to
eontain over 20,000,000 tons of coal.
Underlies—$1, 500, 000 Crucible Fuel Co. 1st
» Ref. 6s, cunder which mortgage provision is
made for the retirement of this issue.
Original Market—Offered in 1911 by Union
Trust Co., Pittsburgh, he AU nee and interest. -
Market.
e New York—J. H. Becker & Co., H. P. Taylor
Oo.
i ten eee National: Bank, Union
Trust Co.,.H. P. Tayler & Co. .
Buffalo—H. P. Taylor & Co.
CRUCIBLE FUEL CO. Ist & Ref. 6s. Due
annually, $150,000 Dec. 1, 1915, to Dec. 1,
1924, inclusive.—F.
Tax exempt in Pennsylvania.
Dated Dec. 1, 1918. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$2, 400,000.
Outstanding—$1, 500, 000.
Denomination—Coupon, $1,000
Trustee—The Guardian Savings & Trust Co.,
Cleveland.
Redeemable by lot on any interest date at 102
and interest on sixty days’ notice.
Sinking Fund—A sum equal to 10 cents per
ton on coal mined from the property, applicable
to the payment of principal and interest on the
bonds. The company is also required to retire
$40,000 annually of bonds prior in lien to this
issue.
Organization and Control—lIncorporated in
232
Pennsylvania to take over the entire property of.
the Crucible Coal Co. and the coal properties
of the Midland Improvement Co. The entire
$5,000,000 capital stock is owned by the Crucible
Coal Co., a subsidiary of the Crucible Steel Co.
The latter company has contracted to purchase
at market prices their entire requirements of
bituminous coal during the life of these bonds.
Present requirements of this company and its
subsidiaries are 1,200,000 tons annually.
Secured by a mortgage on all the property of
the company comprising 4,520 acres of coal and
505 acres of surface lands in Greene County, Pa.,
60 miles south of Pittsburgh, together with store
buildings, houses, mining equipment, two
steamers and 22 steel and 50 wooden barges,
all of which has been appraised at over $4,000,000.
Of this property 2,497 acres of coal acquired from
the.Midland.Improvement Company is covered
by this mortgage as a first lien. Daily capacity,
40,000 tons run-of-mine coal.
Prior Lien—$900,000 Crucible Coal Co. 5s of
1926, which this mortgage provides to retire at
the rate of $40,000 annually.
Original Market—Offered Jan., 1914, by
Ussing, Scoville & Co., Pittsburgh, New York and
Philadelphia, at par and interest. |
ae ed
SUBS EMLBOAD CoO. 1st 5s. Due July 1,
Dated Sept. 18, 1902. Interest payable Jan.
and July 1, at Royal Bank of Canada, New York.
Authorized—$20,000 per mile...
Outstanding—$12,000,030.
Denomination—Coupon, $1,000. Registered,
$1,000 and multiples. Coupon fully registerable.
C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Organization and Control—Incorporated in
New Jersey in 1902. The Cuba Co. (construc-
tion company) owns the entire $10,000,000
common stock and $1,000 of the $10,000,000 pre-
ferred stock. a
Secured by a first mortgage on 602 miles of
standard gauge. road in the Island of Cuba in-
cluding 356 miles of main line from Santa Clara
to Santiago de Cuba. ;
oe ee Impt. & Equip. 5s of
Net Earnings, 6/30/14........ $2,470,922
Interest on bonds, etc........ - , 954,417
"PIS 199 Ue x. see. ,s.)0 bes arses owe 754,417
Listed on the New York Stock Exchange.
Market..
New York—E. Bunge & Co., Lawrence Tur-
nure & Co., Slattery & Co.
CUBA RAILROAD CO. Equip. 5s. Due $43,000
each Aug. 1 and Feb. 1, to Feb. 1, 1924,
inclusive.
Dated. Feb. 1, 1914. Interest payable Feb.
and Aug. 1, in Montreal and New York.
Authorized—$860,000.
Outstanding—$774,000.
Balance Retired—
Denomination—Coupon, $1,000.
Trustee—Montreal Trust Co. Montreal.
Secured by an equipment trust agreement on
500 freight cars, 10 passenger cars, 1 passenger
locomotive and 14 freight locomotives costing
pepe spo of which the company paid $95,550
in cash.
Original Market—Offered March, 1914 by the
Equitable Trust Co., New York.
Market.
New York—Strong, Sturgis & Co., Coggeshall
& Hicks.
(THE) CUBAN-AMERICAN SUGAR COM-
PANY Coll. Tr. 6s. Due April 1, 1918.—F.
Dated April 1, 1908. Interest payable a
and Oct. 1, at company’s office, 129 Front St.,
New York. 4
Authorized—$10,000,000.
233
Outstanding— $9,295,000.
Retired by Sinking Fund—$705,000.
Denomination—Coupon, $1,000. Registerable
as to principal. i
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
ate.
Sinking Fund—An amount equal to 25% of all
dividends paid on stock to be applied to the pur-
chase and retirement of these bonds at not ex-
eeeding 105 and interest. $138,141 was appli-
cable to this fund in 1913.
Organization—Incorporated in New . Jersey
in 1906 and controls and operates through its
subsidiary companies eight sugar plantations
and one sugar refinery in. Cuba and one refinery
in Louisiana. Annual capacity of plantations
in Cuba 200,000 tons of sugar. :
Secured by pledges of all the stocks and bonds
(except $5,100 stock of the Colonial Sugars Co.
and about $5,000 miscellaneous bonds) of the
Chaparra Sugar Co., Tinguaro Sugar Co., Cuban
Sugar Refining Co., Unidad Sugar Co., Mercedita
Sugar Co., Colonial Sugar Co., San Manuel
Sugar Co., and Chaparra R. R. Co.
Net Earnings, 10/30/14. . $4,446,711*
. Interest on bonds...... 556,834
Other interest, etc. . 558,480
*Compares with four year average of $2,605,342
Listed on the New York, London and Amster-
dam Stock Exchanges. .
_ Original Market—Offered in 1910 at 97 and
interest by, Lawrence Turnure & Co.,, New York,
Boissevain Bros., Amsterdam, and Coates Son
& Co., London.
Market. | oe :
New York—Fred. H. Hatch & Co., J. K. Rice,
Jr., & Co., Curtis & Sanger, L. M. Prince & Co.,
Newborg & Co., Raymond, Pynchon & Co.,
Keane, Zayas & Potts, Lawrence Turnure & Co.,
Tobey & Kirk, Chas. H. Jones & Co., Gilbert
Elliott & Co., Bigelow & Co., Ernest Smith. .
(THE) CUDAHY PACKING CO. (CHICAGO):
1st 5s. Due May 1, 1924.—F.
Dated May 1, 1909. Interest payable May
and Nov. 1, at Trustee’s office, Chicago, and at
Lee, Higginson & Co., Boston.
Authorized—$5,000,000.
Outstanding—$3,769,000. ;
Retired by Sinking Fund—$1,231,000. git
Denomination—Coupon, $500 and _ $1,000.
Registerable as to principal. Registered, $1,000,
and multiples. C. & R. interchangeable.
Trustee—lIllinois Trust & Savings Bank,
Chicago.
Redeemable as a whole or for sinking fund at
102 44 and interest on any interest date. :
Sinking Fund—Annually beginning Nov. 1,
1910, 5% of outstanding bonds to be applied to
the purchase and redemption of. these bonds
at not exceeding 10214 and interest. Bonds so
acquired to be cancelled. ‘
Organization—Incorporated in Illinois in 1887
as The Armour-Cudaby Packing Co. Present
name adopted in 1890. This company is one of
the largest packing companies in the world. ...
Secured by a first mortgage on all the real
estate plants, rolling stock, trade-marks, etc...
owned by the company and including plants:
in South Omaha, Sioux City, Kansas City, Los.
Angeles and Wichita, Kan., together, with exten-
sive car equipment and many branch properties
appraised at over $10,000,000. é :
Net Earnings, 10/31/14....... $2,920,849
Interests cis chawra aieianss ay >, .» 997,107;
Dividends—Pays a 6% dividend on $2,000,000
preferred stock and in 1913 paid 7% on $10,000,-
000 common stock: - f
Listed on the Chicago and Boston Stock
Exchanges. f
Original Market—Offered in 1909 by Lee,
Higginson & Co., New York, Boston, etc., at
99 and interest.
Market.
Chicago—Merchants’ ‘Loan & Tr. Co., Horn-
blower & ‘Weeks, Wollenberger & Co., Follansbee
& Co., Babcock, Rushton & Co., John Burn-
ham & Co., S. B. Chapin & Co., F. M. Zeiler &
Go., First Triist & Sav. Bk., Curtis & Sanger,
W. H. Colvin & Co.
New York—Lee, Higginson & Co., J. A. Clark
& Co., Babcock, Rushton & Co.
Boston—Lee, Higginson & Co.
St. Louis—Mercantile Trust Co., Bowman,
Cost & Co.
Omaha—Burns, Brinker & Co.’
Philadelphia—Henry & West.
CUMBERLAND & PENNSYLVANIA RAIL-
ROAD Ist 5s. Due May 1, 1921.—
Dated May 1, 1891. Interest payable May:
and Nov.'1, at Guaranty Trust, Co., New York.
Authorized—$1,000,
Outstanding—$175, 112 .
~ Retired by Sinking Fnd—$774) 828.
Denomination—Coupon, $1,000.
- Guaranteed principal and interest by Con-
solidation Coal Co.
Sinking ‘Fund—$25, 000 per annum to retire
bonds. Bonds-so acquired are held alive in
sinking fund, and interest added thereto. _
Organization ‘and Control—Incorporated in
Maryland ‘in 1850. Entire capital stock is owned
by. the Consolidation Coal Co.
’ Secured: by first mortgage on 57 miles of road
extending from Cumberland, Md., to Piedmont,
W.-Va., with' branches. “These bonds’ are out-
standing at the rate of $3, 000 per ‘mile.
Net Earnings, 6/30/13 erate wile matered $347,968
‘Interest, (ete. mans ara a sede “, 114,152
- New York—Cofin & os., Wolff & Stanley,
Korn, Lehman & ‘Co.
Baltimore—-Townsend Scott & Son, Strother,
Brogden &: Co.
CUMBERLAND CORP. Coll. Tr. 5%
Notes. Due June 1, 1915.—F.‘
- Dated June 1, 1912. Interest payable June
and Dec. 1, at New York Trust Co., New York.
‘Authorized and Outstanding—$5, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at'101 and interest’ on any interest
date'on two weeks’ notice
Convertible at' par into 6% ‘preferred stock
of the Carolina, Clinchfield & Ohio Ry: Co., any
time prior to maturity or date for redemption.
Organization—Incorporated
1906 as a holding company: Owns’ 'the entire’
$15,000,000 preferred and’ $25,000,000 common
stock of the Carolina,’ Glinchfield & Ohio Ry.
Co.'and the entire capit#l stock of the Holston
Conv.
Corp:, which latter company owns extensive’
coal lands in Virginia. The railway company
owns 290 miles of road in Virginia, ‘Tennessee
and North and South Carolina and has’ out-
standing $20,700,000 5% bonds and hotes and
$3,075,000 ‘equipment notes.
Secured by deposit with Trustee of $6, 000,000
out of $10,000,000 preferred stock and eo entire
Ry. Co.
Net Earnings, 6/30/14 (C., C. &
o. ) $1,777,884
Interest. , 977,706
Surplus 800,178
‘Original Market—Offered in 1911, ‘at’ 97 %
and interest’ by Blair & Co., New York, E. B.
Smith & Co., Philadelphia, and Ussing, Scoville
& Co., Pittsburgh, and offered by the same firms
in 1913 at 9814 and interest.:-
Market
New York—Blair & Co., ‘Seasongood ' & Haas,
Philadelphia—E. B. Smith & Co.
Pittsburgh—Ussing, Scoville & Co.
in Virginia in,
$25,000, 000 common stock of the Car. 0 Ce & O.:
CUMBERLAND COUNTY (ME.) POWER &
a co. 1st & Ref. 5s. Due Sept. 1, 1942
teeter. August 1, 1912. Interest payable March
and Septémber 1, ‘at Trustee’s office. :
‘Authorized—$10,000,000.
Outstanding—$1, 306, 000.
Held in Treasury—$230, 000.
‘Denomination—Coupon, $1,000.
as to principal.
‘Trustee—Empire Trust Co., New York.
Redeemable at 105 and interest on any interest
date upon 60 days’ notice.
Depreciation and Sinking Fund—Beginning
July 1, 1915, and annually thereafter 1% of out-
standing bonds, but not less than $20,000 per™
annum for the purchase of bonds at not exceed-
ing 105 and interest or for the actual cash cost
of replacements, extensions, additions, ete., and
for the actual cash cost of extraordinary renewals
and replacements.
“ Organization—Incorporated in Maine, i in 1907.
Operates the Portland Railroad Co. under lease;
owns practically all of the common stock ‘of the
Lewiston, Augusta & Waterville St. Ry., and
all°of the common stock of the York County
Power Co. Does the entire electric light and
power business of Portland, Me., and vicinity,
Registerable’
‘and through’ subsidiary companies | operates the
street railway systems of Portland and South
Portland, with lines ‘to Yarmouth, Cape Eliza-
beth, “Old Orchard, Gorham, South Windham’
and other towns, the Lewiston, Augusta &
Waterville St. Ry. system; the gas and electric
plants supplying Biddeford- and Saco ard plants.
supplying electricity in Kennebunk, York,
Sanford, and other towns in southwestern Maine.
Secured by a mortgage on three hydro-electric
plants located on the Saco and Presumpscot
rivers ‘within 25 miles of Portland, Me., and a
steam plant in that city with a combined: capa-
city of over 20,000H. P.; transmission lines to
and distribution system in Portland and adjacent’
territory and also on the 99 year leasehold rights
of the Portland: Railroad. Franchibes are’ Te-"
ported as liberal.
Prior Liens—$3,000,000 securities of con-
stituent companies and about $55,000 serial
debentures for the retirement of which provision
is made in this mortgage.
Net Earnings, 6/30/14. $1,127,320:
Interést:, 22 22 sca sues ee eae 26,5
Original Market—Offered in 1912 by A. B.
Leach & Co., of New York, ete., at %98 and
interest.
Market.
Chicago—A. B. Leach & Co. .
Boston—A. B. Leach & Co. |"
New York—A. B. Leach & Co., McGeorge &
Vanderhoef, S. L. Snowden.
- Bangor—L. C. Tyler & Sons Co., Inc.
Portland—Maynard 8S. Bird & Co., Chas. H.
Gilman & Co., Chester H. Pease, Union Safe
Deposit & Trust Co.
CUMBERLAND TELEPHONE & TELEGRAPH
CO. Ist 5s. Due Jan. 1, 1918.—N.
Dated January 1, 1898. Interest payable Jan.
and July 1, at Washington Trust Co., New York.
Authorized—-$1, 000,000. ‘
Outstanding—$696, 000. :
Retired by Sinking Fund—$304, 000.
Denomination—Coupon; $1,000.
Trustee—Washington Trust Co., New York.
Sinking Fund—$30,000 annually to be in-
vested in these bonds at not over 105 and interest,
and if bonds are not so obtainable, to be invested
in other securities.
’ Organization—See Ist & Gen. 5s below.
Secured’ by! a first mortgage on property of
the company in Nashville and Memphis, Tenn.,
and Evansville, Ind. ~ (See 1st and Gen. 5s below.)
Underlies—$15,' 000, 000 ist and Gen. 5s of
1937 and $239,000 Deb. 5s of 1920.
234
Net Earnings, 12/31/14....... $1,827,850
-Interest, and rentals . 1,078,709:
his issue...............0050 :811,859
Listed on the New Orleans Stock Exchange.
Original Market—Offered in 1898 by Parkin-.
son & Burr, New York and Boston, at 102.and
interest. AS
: Market.
New York—Curtis & Sanger,: Parkinson &
Bury, Gee. H. Burr & Co., Gilman & Clucas, A. R.
ark.
Boston—Parkinson & Burr, Old Colony Trust
‘0
SER gi
CUMBERLAND TELEPHONE & TELEGRAPH
O. Ist & Gen. 5s. Due Jan. 1, 1937.—F.
Dated January 1, 1912. Interest payable Jan.
and July 1, at New York.
Authorized—$15,000,000.
Outstanding—$15,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Columbia_ Trust Co., New York,
and Frank W. Conn, Brooklyn, New York.
Redeemable as a whole at 105 and interest on
and after July 1, 1917, upon eight weeks’ notice,
provided the company has first acquired and
cancelled more than $12,000,000 of these bonds.
Organization—Incorporated in Kentucky in
1883 and operates under perpetual and exclusive
license from the American Bell Telephone Co.,
throughout the States, Mississippi and Louisiana,
the greater parts of Kentucky and Tennessee
and a few counties in Illinois and Indiana.
Controlled by the Southern Bell Telephone
& Telegraph Co. through ownership of $10,953,-
200 of $11,080,150 capital stock. The latter
company is controlled by the Am. Tel. & Tel. Co.
Secured by a first mortgage on all the property
of the company except that covered by the first
lien of the 1st 5s (see above) on which this
mortgage is a second lien. The company serves
a territory of 176,768 square miles with a popula-
tion of more than 8,000,000. April, 19138, owned
191,355 stations and 274,096 connecting stations.
Prior Liens—$696,000 1st 5s of 1918, also has
outstanding $239,000 Deb. 5s of 1920.
Net Earnings, 12/31/14....... $1,827,850
Interest and rentals........... 1,073,709
Listed on the New York and Louisville Stock
Exchanges.
Original Market—Offered in 1912 at par and
interest by Geo. H. Burr & Co., Parkinson &
Burr, Estabrook & Co., Lee, Higginson & Co., of
New York, Boston, etc.
Market.
New York—Lee, Higginson & Co., Geo. H.
Burr & Co., Clark, Childs & Co., Bigelow & Co.,
Parkinson & Burr, Curtis & Sanger, Gilman &
Clueas, Low, Dixon & Co., Estabrook & Co.,
Hornblower & Weeks, Coffin & Co., Rauscher &
Childress, H. N. Whitney & Sons, E. & C.
Randolph, Beyer & Co., Harris, Forbes & Co.
Boston—Kuhn, Fisher & Co., Paine, Webber
& Co., Parkinson & Burr, Edgerly & Crocker,
Estabrook & Co., Lee, Higginson & Co., Adams
be Co., L. Sherman Adams, Merrill, Oldham &
0.
Chicago—Geo. H. Burr & Co., Merchants’
Loan & Tr. Co., Lee, Higginson & Co., Paine,
Webber & Co.
Louisville—J. J. B. Hilliard & Sons, Henning,
Chambers & Co., Lawrence Timmons & Co.
Nashville—Thos. Platter & Co., Henry S.
Frazer, First Savs. Bk. & Trust Co.
CUMBERLAND TELEPHONE & TELEGRAPH
CO. Deb. 5s. Due Feb. 1, 1920 —N.
Dated Feb. 1, 1900. Interest payable Feb.
and Aug. 1.
Authorized—$250,000.
Outstanding—$239,000.
Denomination—Coupon, $1,000.
Redeemable at par and interest.
235
' Security—-A direct obligation of the company,”
but not secured by a mortgage. For Earnings,
Organization, etc., see 1st'and Gen. 5s below.
Listed on the New. Orleans Stock Exchange.
: Market.
New York—Parkinson & Burr, Curtis &
Sanger, Gilman & Clucas.- “
Boston—Edgerly & Crocker, Parkinson & Burr.
CUMBERLAND TELEPHONE & TELEGRAPH
_ CO. 5% Notes. Due April 1, 1916.—N. |
" Dated April 1, 1914. Interest payable April
1 and Oct. 1, at_office of American Tel. & Tel.
Go., 15 Dey St., New York. : “
’ Authorized and Outstanding—$6,000,000.
Denomination—Coupon, $1,000. ©:
Guaranteed as to principal and interest by the
‘American Telephone & Telegraph Co. by en-
dorsement.
Organization, Control, Property and Earnings
—See 1st & Gen. 5s. Page :
Security—A direct obligation of the company,
but not secured by a mortgage.
Original Market—Offered by J. P. Morgan
& Co. and Kuhn, Loeb & Co. of New York, and
Kidder, Peabody & Co. at 99% and interest.
Market.
New York—Seasongood & Haas.
CURRENT RIVER RAILROAD CO. Ist 5s. Due
Oct. 1, 1927.—F.
See Map 111.
Dated October 1, 1887. Interest payable
April and Oct. 1, at Old Colony Trust Co.,
Boston.
Authorized—$20,000 per mile.
Outstanding—$1,606,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New England Trust Co., Boston.
Assumed by the Kansas City, Ft. Scott &
Memphis Ry. Co.
Control—Absorbed by the Kansas City, Fort
Scott & Memphis Ry. Co. Practically all of the
stock of this company is owned by the St. Louis
& San Francisco R. R. Co. (now in hands of
receiver) which also leases the property.
Secured by a first mortgage on (11) 82 miles of
road from Willow Springs to Grandin, Mo. These
cece are outstanding at the rate of $20,000 per
mile.
Underlies—$25,800,000 K. C., Ft. S. & M.
Ref. 4s of 1936. Bonds are reserved under that
mortgage to retire this issue.
Legal for Cal., Me. and Mo.
Listed on the Boston Stock Exchange.
Market.
New York—Gilman & Clucas, Burgess, Lang
Co., F. H. Hatch & Co., Blodget & Co.,
McGeorge & Vanderhoef, Didrichsen & Co.,
Bigelow & Co.
\ Boston—Walter S. Place, F. W. Mason & Co.
Philadelphia—Goodall, Wester & Co.
THE CUYAHOGA TELEPHONE CO. Ist 5s.
Due Jan. 1, 1919.—F.
Dated Jan. 2, 1899. Interest payable Jan. and
July 1, at Citizens’ Savings & Trust Co., Cleve-
land, or at Equitable Trust Co., New York.
Authorized—$3,500,000.
Outstanding—$2,676,000 (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Citizens’ & Trust Co.,
Cleveland, O. :
Organization—Incorporated in 1898 in Ohio
to operate a telephone system in Cleveland and
vicinity. Merged with 14 other companies into
the Ohio State Telephone Co. in 1914.
Secured by a first mortgage on all the property»
of the company, which operates about 30,000
telephones in Cleveland and vicinity. It has
seven exchanges, 460 miles of subway and 150
Savings
miles aerial cable, together with a nine story
building in business center of Cleveland.
Underlies—$5,000,000 Ohio State Tel. Consol.
& Ref. Series ‘‘B” bonds, 1944, which receive 3%
per annum to July 1, 1916, 4% to July 1, 1917
and 5% thereafter.
Net Earnings, *6/23/14—
VOY BTV/1G Scissor seinserew dt asec ar $467,690
Interest.......... pebieia dc aeiCyeda aoe 212,538
Phi 1SBwe i. 56.4 siecseoser one ca tyes. svaye.e 146,913
*Ohio State Tel. Co. commercial operation.
Listed on the Cleveland, Toledo and Columbus
Stock Exchanges. .
Original Market—First offered by Kissel,
Kinnicutt_& Co., New York. Offered 1911, by
Miller & Co., New York.
Market.
New York—Miller & Co., Gilman & Clucas,
Fred. H. Hatch & Co., Chandler Bros. & Co.,
W. E. Hutton & Co., McGeorge & Vanderhoef,
E. & C. Henanlehs Samuel Goldschmidt, Gilbert
Elliott & Co., Ernest Smith, John D. Curtis &
Co., Kirkpatrick & Lewis.
Cleveland—F. J. Weidman & Co., Roland T.
Meacham, Borton & Borton, Otis & Co., W. S.
Snyder & Co.
New Haven—Clifford E. Smith.
Boston—C. E. Denison & Co., L. Sherman
Adams, Hotchkin & Co.
Toledo—Secor & Bell.
236
DAKOTA & GREAT SOUTHERN RAILWAY
CO. 1st 5s. Due Jan. 1, 1916.—
See Map 31.
Dated January 1, 1886. Interest payable Jan.
and July 1, at patee « of C., M. & St. P. Ry. Co.,
42 Broadway, New York.
Outstanding—$2, ee 000 (Closed mortgage).
Denomination—Coupon, $1,000.
Trustee—Farmers’ Loan & Trust Co., N. Y.
Assumed by the Chicago, Milwaukee & St.
Paul Ry. Co.
mecurcd by a first eee on (8) 159 miles of
pone, including line from Bristol to Macisan.
S. D., 103 miles, and from Andover, S. D., to
Harlem, N. D., 56 miles. Bonds of this iasue
are outstanding at the rate of ae 700 per mile.
Underlies—$290,000,000 C., M. & St. P. Gen.
& Ref. and Debenture bonds.
Legal for Balt., Cal., Conn., oe Mass.,
Bich Minn., N. H., N. J., N. Y., R. L., Vt. and
Listed on the New York Stock Exchange.
Market.
New York—J.'S. Bache & Co., Harris, Forbes
& Co., Bull & Eldredge, Newborg & Co., Blodget
& Co., Esterbrook & Co., Coffin & Co., Wood,
Struthers & Co., Didrichsen & Co., Kirkpatrick
Lewis, Eyer & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
(THE) DAKOTA POWER CO. (RAPID CITY,
S. D.) 1st 6s. Due March 1, 1930.—
Dated -March 1, 1910. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$500,000.
Outetanding-$488, 500.
Retired by Sinking Fund—$11,500.
Denomination—Coupon, $500. Registerable
as to principal.
Trmstee berohants’ Loan & Trust Co.,
Rapid City, S. D.
Sinking Fund—5% per annum to purchase
bonds at not exceeding 110 and interest.
Organization—Incorporated in South Dakota
in 1907. In 1911 absorbed the Rapid City
Electric & Gas Light Co.
Secured by a first mortgage on 15 miles of
waterways on the Rapid River, hydro-electric
plant of 2,500 h. p., a combined steam and
hydro-electric winds of 300 h. p., and steam
plant of 600 h. p., and on electric distribution
system supplying Rapid City, S. D., with electric
light and power. Franchise expires in 1930.
Population served 4,000.
oupual Market—First offered by Von Frant-
mas & Co., Chicago, at par and interest May,
DALLAS & WACO BATUW AY: CO. Ist 5s. Due
Nov. 1, 1940.—
See Map "75.
Tax free i in Texas. |
Dated Nov. 1, 1890.
and Nov.:
New York.
Outstanding—$1,340,000 (Closed mortgage).
Interest payable May
1, at company’s office, 71 Broadway,
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by the M.,
K. & T. Ry. Co. of Texas by endorsement.
Control—Property conveyed to the Missouri,
Kansas & Texas Ry. Co. of Texas in 1891.
Secured by a first mortgage at $20,000 per
mile on (1) 66 miles of road from Dallas to Hills-
boro, Texas.
Legal for Texas.
Listed on the New York and Amsterdam Stock
Exchanges. Market.
New York—Wm. A. C. ‘Ewen, McGeorge &
Vanderhoef, E. Bunge & Co., Newborg & Co.
237
_D
DALLAS ELECTRIC CORP. Ist Coll. Tr. 5s.
Due April 1, 1922.—F. 7
Dated April 1, 1902. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$4, 000,000.
Outstanding—$3, 481, 000 (Closed mortgage).
Held in Sinking Fund—$519,
Denomination—Coupon, 100. ae $1,000.
Registerable as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable as a whole only at 105 and interest
on any interest date.
Sinking Fund—1% per annum of outstanding
bonds, payable Oct. 1 for the purchase or redemp-
tion of these bonds at not over 105 and interest.
Organization and Control—Incorporated in
1902 in New Jersey as a holding company and
succeeded in 1918 by The Dallas Electric Co.
The latter company has assumed the obligations
of predecessor company and taken over its
security holdings.
Management—Stone & Webster.
Secured by a first lien by deposit of securities,
on 65 miles of street railway track in Dallas, Tex.,
and on’ plant supplying that city with electric
light and power. Population served, railway
94,300, Neht 115, nee Franchise expires in 1922.
Underlies—$2,0 000 5% notes due 1917.
Net Earnings, ana . $921,219
Interest and Sinking Fun
This Issue......... 00 ce eee
Listed on the Toa Stock Exchange.
arket.
Original Market—$150,000 offered in Feb.,
1915, by Perry, Coffin & Burr, Boston and New
York, at 9714 and interest.
Boston—. ayden, Stone & Co., Stone & Web-
ster, F. B. Bassett & Co., Paine, Webber & Co.,
L. Sherman Adams.
New York—Lee, Higginson & Co., Coffin &
Co., Stone & Webster, Estabrook & Co. -» Je We
Christiansen, Miller & Co., Kirkpatrick & Lewis.
w Haven—Chas. W. Scranton Co.
Philadelphia. B. Smith & Co.
Salem Mass.—Wn. S. Felton & Co.
DALLAS ELECTRIC CORPORATION 5-Year
5% Notes. Due Feb. 1, 1917.—F.
Dated February 1, 1912. Interest payable
Feb. and Aug. 1, at Trustee’s office, Rocca”
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—American Trust Co., Boston.
Redeemable at par and interest on any interest
date on 30 days’ notice.
Organization, etc.—See Coll. Tr. 5s above.
Security—A direct obligation of the company
but not secured by a mortgage. In the event
of any additional lien or encumbrance on the
property these notes are to be equally secured.
Prior Lien—$3,492,000 1st Coll. Tr. 5s.
Earnings—See Coll. Tr. 5s above.
Original Market—Offered in 1912 by the Old
Colony Trust Co. and Stone & Webster, Boston,
at 9534 and interest.
Market.
Boston—Old Colony Trust Co., Stone & Web-
ster, Hornblower & Weeks.
pipe York—Curtis & Sanger, Gude, Winmill
New Haven—Chas. W. Seranton Co,
Philadelphia—E. B. Smith & Co.
DALLAS (TEXAS) pure CoO. 5% Notes.
Due June 1, 191
Dated June 1, 1914. Interest payable June
oe Dec. 1 at American Trust Co., Boston,
(ass.
Authorized—$2,500,000.
Outstanding—$1,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
and $1,000. C. & R. interchangeable.
Trustee—American Trust Co.,' Boston, Mass.
. Organization and — Management—Incorpo-
tated in 1918. as successor to the Dallas Electric
Corporation. Operated by Stone & Webster.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that it will not mortgage its property
without equally securing these notes and those
of the Dallas Electrie Corp. hd details of
property, earnings, etc., see page 0
Original Market—$1, 500,000 offered in: May,
1914, by Old Colony Trust Co. and Stone &
Webster, of Boston, at 96% and interest.
DALLAS G2 GAS COMPANY Ist 5s. Due May 1,
Dated June 12, 1905. Interest payable May
and November 1, at Kahler & Co., New York.
Authorized and Outetanding—$850, 000.
Denomination—Coupon, $1,000.
Trustee—Lincoln Trust, Co., New York. .
Redeemable on any interest date at 105 and
interest.
Organization—Incorporated i in Texas, in 1905,
as successor to the Dallas Gas & Fuel
Management—H. D.'Walbridge & Co.
Secured by a first mortgage on a Bleak sup-
plying natural gas to Dallas, Tex. opulation
served about 75,000. Franchise expires in 1925.
Listed on the St. Louis Stock Exchange.
Original Market—First offered by O’Connor
& Kahler, (now Kahler & Co.), New York, at
101 and interest Nov., 1905.
Market.
Philadelphia—E. R. Barnard, Robt. D.
Ghriskey & Co., Oscar R. Dare & Co.
_. New York-—Fred. H. Hatch & Co., Plympton,
Gardiner & Co., R. B. Hathaway & Co., John D.
Curtis & Co. :
_ Houston, Texas—Wnm. B. King & Co.
., Boston—Hotchkin & Co.
DANBURY & BETHEL STREET RAILWAY
Cons. pe 1st) 5s. Due May 1, 1936.
Dated May 1, 1906. . Interest payable May
and Nov. 1, at Trustee’s office.
Authorized —$300, 000...
=’ Outstanding—$100,000.
Trustee—American Trust Co., Boston, Mass,
Organization—Incorporated in Connecticut in
1886. ‘ 1
Secured by a first mortgage on 16 miles of
electric: railway in Danbury and extending to
Bethel and Lake Keosia, Conn. Population
served, 30,000. aa is perpetual.
Underlies—3150,0 ce Debentures. and
$850, 000 ist & Ref. oe 1 3.
- Net Earnings, 6/30/14............ $40,498
~ Interest and Taxes...........0... 33,119
.. Original Market—First offered by Clarence
E. Thompson & Sons, New Haven, July, 1906.
- Market.
*’ New Haven—H. C. Warren & Co., Kimberly,
Root.& Co., The Chas. W. Scranton Co., Clifford
E. Smith.
DANBURY & BETHEL STREET RAILWAY
Ist & Ref. 5s. Due May 1, 1943.
Dated May 1, 1918. Interest payable May
1 and Nov. 1, at. Trustee’s office.
‘Authorized-—$600,
Outstanding—$350, 000.
Denomination—Coupon, $500 and $100, 000.
Trustee—American Trust Co., Boston.
Organization—Incorporated ‘in Connecticut
in 1886.
Secured, equally ‘with $150,000 Debentures,
by a second mortgage on Pespey described
under Consol. 5s, 19386, abov
Prior Lien—$100, 000 Consol. 5s, '1986, above.
Earnings—See Consol. bs, above.
Registered $500, — ad
‘DANVILLE & GRAPE CREEK RAILROAD CO.
: 1st 6s. Due May 1, 1920.—
See Map 22,
Dated ‘April 15, 1880. Interest payable May
and Nov. 1, at Central Trust Co., New York.
- Authorized—$250, 000.
-Outstanding—$97,000.
s,
Denomination—Coupon, $1,000. Registerable
as_to principal. b
Trisies EGUAblA. Trust Co., New. York.
Assumed by. Chicago: & Eastern Ilinois R. R.
Co. (in Receivers’ hands).
Control—Absorbed by the Ghicaro” & Eastern
Illinois R. R. Co.
‘Secured by a first mortgage at $10,778 per mile
on (3) nine muiles. of road from Danville Junction
to Westville, £] :
nates teks 098, 000. C. & E. I. 1st Cons,
6s of 1984; Gen. Cons..and 1st 5s of 1937 and the
Ref. & Imp. 4s of 1955,’ which provide for the
retirement of this issue and $6,000,000 6%
Receivers’ Certificates. '
Market.
New York—Wm. A. C. Ewen.
ma rage CHAMPAIGN & DECATUR RAIL-
T. CO. Consol. & Refg. Coll. Tr,
ca Tie March 1, 1938.—F.
Dated March 1, 1913. Interest payable
March 1 and Sept. 3 at Trustee’s: office.
Authorized—$15,000,000.
Gueranine (Ue 000.
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered, $1, 000. -&
R. interchangeable.
Brustee-- Boston Safe Deposit & Trust Co.,
Boston.
Guaranteed | as to principal and interest ‘by
the Illinois Traction Co.
Secured by a first lien on ‘the following. col-
lateral: Entire capital stock . ($1,438,000) and
all outstanding Consol. Refg. 65s of 1938
($912,000) of the Danville Street Ry. & Lt. Go.,
which owns gas and electric light plants supply-
ing Danville, Ill., and entire street railway sys-
tem of 16 miles in:that city, subject to $670,000
underlying bonds: Gas franchise perpetual,
electricity extend 99 years from date of grant-
ing, and street railway to 1928. Population
served, 30,000.
Entire capital stock ($1,375,000) and all out-
standing Consol. & Refg. 5s of 1938 ($869,000)
of the Decatur Ry. & Lt. Co., which owns gas,
electric and steam ‘heating ‘plants supplying
Decatur, Ill., and entire street railway system
of 15 miles in that city, subject to $1,285,000
underlying bonds. Population served, 30,000.
Entire capital stock ($700,000) and ail out-
standing Consol. & Refg. 5s of 1938 ($689,000)
of the Urbana & Champaign Ry. Gas & El. Co.,
which owns gas: plants supplying Urbana &
Champaign, Ill., electric and steam heating
plant supplying Champaign and 13 miles of in-
terurban railway in and between the two cities,
subject to $492,000 underlying bonds. Popu-
lation served $23,000. Entire capital stock
($150,000) and all outstanding Consol. & Refg.
5s of 1938 ($10,000) of the Urbana Light, Heat
& Power Co., which owns the electric and steam
heating plants in Urbana, IIl., subject to eae
underlying bonds. Population served, 9,000.
Organization and Control—Incorporated in
Maine in May, 1918. A holding company, con-
trolling several important subsidiaries of the
Illinois Traction system. All of the stock is
owned by the Illinois Traction Co.
Redeemable on any interest date at 104 and
interest.
Sinking | Fund—A sinking fund is provided,
which, it is estimated, will retire 40% of these
and underlying bonds before maturity. .
Net Earnings, Constituent Com-
panies, 12/31/13. seve $789, 314
Interest...........-. Sens 248,750
Peete ee
238
Market.
New York—Estabrook & Co.
Boston—Estabrook & Co., Merrill, Oldham &
Co,
Chicago—Emery Peck & Rockwood.
DANVILLE STREET-RAILWAY & LIGHT CO.
Ref. 5s. Due $6,000 each Jan. 1, to 1924
and balance Jan..1, 1925.—F.
Dated jan, 1, 1900. Interest payable Jan.
and July 1, at Harris Trust & Savings Bank,
Chicago, Harris, Forbes & Co., New York and
N. W. Harris & Co., Boston.
‘Authorized—$700,000. :
een
Retired—$36,00
Doveeiadiien Chae. $1,000. Registerable
as to principal.
Trustee—Illinois Trust & Savings Bank,
Chicago, Ill.
Control—Entire stock owned by Danville,
Champaign & Decatur Ry. & Light Co., a sub-.
sidiary of the.Ilinois Traction, Co.
Secured by a first mortgage on plants supply-
ing gas, electricity and steam heat to Danville,
Nil., and nearby places, and on all of the street.
tailway: system (16 miles) in Danville.. Popula-
tion served. by: electricity, 35,000; served by rail-
ways and gas, nearly 30,000. Railway franchises,
granted 1898 for 30: years,.
franchises extend for 99 years,.gas, perpetual.
Underlies—$912,000 Cons. & Ref. Deb. 5s,
which are deposited under D., C. & D. Ry. & Lt.
Coll. Tr. 5s.
. Earnings—See Danville, Champaign & Decatur
Cons. & Ref. 5s, 1938, above.
Original Market—First offered by N. W. Har-
ris & Co., at 102 and interest Jan., 1900.
Market.
Chicago—Harris Trust & Savings Bank.
‘Boston—N. W. Harris & Co.
New York—Harris, Forbes & Co.
Montreal—W. Graham Brown & Co.
DANVILLE (VA.) TRACTION & POWER CO.
1st 5s. Due July 1, 1941.—
Dated July 1, 1911. Interest * payable Jan.
and July 1, at Trustee’s office
Authorized and Outstanding —$400,0 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Maryland Trust Co., Baltimore.
Redeemable at 107 and interest any interest
date on 60 days’ notice.
Organization—Incorporated_ in Virginia in
1886 as Danyvits Street Ry. Co. Present name
adopted in 1911.
Secured by a first mortgage on six miles of
street railway in Danville, Va. Population
served 25,000. Franchise expires in 1950
Company is required to pay the city 4 of 1%
of gross receipts on first $40,000 and 1% over
that amount.
Net Earnings, 6/30/14.. $68 ,392
Unterest 2 coe cciisee eee ne see's oie 9 ses
Original Market—$400,000 offered 1912 at 90
and interest by Alex. Brown & Sons and Town-
send Scott & Son, Baltimore.
Market.
Baltimore—Alexander Brown & Sons,’ Town-
send Scott & Son, John D. Howard & Co., Jen-
kins, Whedbee & Poe, Sutton & Co.
Richmond—Thos. Branch & Co.
DANVILLE, URBANA & CHAMPAIGN RY.
CO. ist 5s. Due March 1, 1923.—:
Dated March 1, 1903. Interest payable March
and Sept. 1, at any agency of the Bank of Mon-
real.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Northern Trust Co., Chicago.
239
electric lighting
Redeemable at 105 and interest on any interest
date ‘on 90.days’ notice.
Guaranteed as _to principal ene nberest by
endorsement by the Danville St. & Lt. Co.
and Urbana & Champaign Ry., ns & Elec. Co,
Organization and Control—Incorporated in
1902. Controlled through ownership of entire
capital stock by the Illinois Traction Co.
Secured by a first mortgage on 70 miles inter-
urban railway track connecting Danville, Ur-
bana and Champaign and branches. Road is
built on private right of way.
Underlies—$942,000. 2nd 6 “and. Gen. 6s.
arket.
See 2nd 6s. :
Eiaisdstonle 5 K. Phillips, Oscar R, Dare,
Ristine & Co., Martin & Co., . Stin-
son ue Co., E. V. Kane & Co.
New York—Geo. H. Burr & Co., Leonard
Snider & Co., Kirkpatrick & Lewis.
. St. Paul—F. Ey Mei Megraw.
DANVILLE, URBANA & CHAMPAIGN RY.
2nd 6s. Due $50,000 annually to Jan. 1,
1918.—F.
Dated Jan. 1, 1905. Interest payable Jan.
and July 1, at Merchants Bank of Canada,
Montreal and New York.
eee bap ome pat rd :
Outstanding—$242
Retired —$258, 000 “(Sh0, 000 due Jan. 1, 1908
and 1909, and $42,000 due Jan. 1, 1911, have
been extended).
Denomination—Coupon, $1,000. .
Trustee—Montreal Trust & Deposit Co, and
Thos. Fyslie.
Redeemable on 30 days’ notice at par.
Guaranteed principal and interest by Illinois
Traction Co.: j
Control—See 1st 5s above.
Secured by a second mortgage on the property
covered by the 1st 5s.
Prior Lien—$2, 800; 000 Ist 5s of 1923.
Underlies—$700,000 Gen. 6s. te
Original Met Btat offered by, Julius
Christensen & Co., Philadelphia, July, 1905.
Market.
New York—Hartshorne & Picabia.
Boston—L. Sherman Adams.
Philadelphia—Perry B. Strassburger.
DARBY, MEDIA & CHESTER RY. CO. Ist
44s. Due July 1, 1936.—F.
Tax free in Pennsylvania.
Dated July 1, 1906. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$919,000.
Denomination—Coupon, $1,000
eer ee Title & Trust Co., Philadelphia,
Tmedesumable on or after July 1, 1916, at 10234
and interest.
Guaranteed principal and interest by endorse-
ment by the Philadelphia Rapid Transit Co.
Control—Leased for 999 years from 1906 to
Philadelphia Rapid Transit Co. Rental $42,500
per annum.
Secured by a first mortgage on 25 miles of
electric cailway connecting Philadelphia with
Darby, Media and Chester. Population served,
exclusive of Philadelphia, over 50,000. Fran-
chise perpetual.
Market.
Philadelphia—S. K. Phillips, Barclay, Moore
& Co.
DAUPHIN COUNTY nae COMPANY Cons.
5s. Due Aug. 1, 1
Dated Aug. 1, 1965." oie payable Feb.
and Aug. 1, at Trustee 8 office.
Authorized—$750,0 '
Guisteaitug- 6443. 000,
Denomination—Coupon, $1,000.
Trustee—Colonial Trust Co., Philadelphia, Pa.
Redeemable—Bonds assenting to supplemental
mortgage, at 10214 and interest. Bonds not
assenting at 105 and interest, after Aug. 1, 1915.
Guaranteed—Bonds which assented to sup-
plemental mortgage are guaranteed principal
and interest by Harrisburg Gas Co.
Organization and Control—Incorporated ‘in
Pennsylvania in'1905 as a consolidation of the
Steelton Home Gas Co., Middletown Gas Light
Co., Lower Allen Illuminating: Gas Co. and
Dauphin County Consolidated Gas Co. Prop-
erty leased in 1907 to the Harrisburg Gas Co.
Secured by a first mortgage, subject to $160,-
000 prior liens on a part of the property, on plant
supplying gas to Middletown, Steelton and ‘other
towns in Dauphin: County, Pa. Population
served over 30,000.' : :
Prior Liens—$125,000 bonds of Steelton Home
Gas Co; $35,000 bonds of Middletown Gas Light
Co. for the retirement of which bonds are re-
served under this mortgage.
Market.
Philadelphia—Samuel K. Phillips, Reed A.
Morgan & Co., Borden & Knoblauch, O. B.
Lansinger & Co., Ervin & Co., Henry & West,
Osear R. Dare & Co. pS :
DAVENPORT (IA.) LOCOMOTIVE WORKS
1st Mtg. 6s. Due April 1, 1943.—F. 2
Dated April 1, 1918. Interest payable April
1 and Oct. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$400,000.
Trustee—Fidelity Trust Co., Baltimore, Md.
Redeemable—
Sinking Fund—10% per annum of net earn-
ings, with a minimum of 2% of outstanding
bonds, from July 1, 1915, to be applied to retire-
ment of bonds.
Organization—
Secured by a first mortgage on plant and 46
acre site at Davenport, Ia., where the company
is engaged in the manufacture of moderate sized
locomotives for commercial purposes.
Net Earnings (11 mos.), 11/30/13. . $82,672
Original Market—Offered in Jan., 1914, by
Julius Christensen, Philadelphia, to yield over
6%.
DAVIES (WM.) COMPANY, LTD., Ist 6s.
Due July 1, 1926.—N. ;
Dated July 1, 1911. Interest:payable Jan.
and July 1, at Canadian Bank of Commerce,
Montreal and branches.
Authorized—$2,000,000.
Outstanding—$1,648,700. |
Retired by Sinking Fund—$198,000.
Denomination—Coupon, $100,$500 and $1,000.
Registerable as to principal or fully registerable.
Trustee—National Trust Co., Ltd., Toronto,
Ont.
Redeemable as a whole at 105 and interest
after July 1, 1914, on 60 days’ notice, or an-
nually by lot for sinking fund.
‘Sinking Fund—Began July 1, 1912, an annual
amount sufficient to redeem entire issue at ma-
turity. »
Organization—Incor orated in 1911 under the
Canadian Companies Act. Business established
in 1854. The company does a large packing
and provision business and maintains agencies
in Great Britain. :
Secured by a first charge on all properties now
owned or hereafter acquired and including plants
in Toronto, Montreal and Harriston and on 75
retail stores throughout, Canada. , goods
Earnings—Averdgé annual: net ‘earnings “for
three years ending March 31, 1918, are reported
as $340,000 and annual interest on bonds,
$86,922.
Original Market—$1,250,000 offered July,
1911, at par and interest by the Dominion
Securities Co., Montreal.
240
Market.
Montreal—Dominion Bond Co., Ltd., N. B.
Stark & Co., Dominion Securities Corp., Ltd.
Toronto—A. E. Ames & Co., Murray, Mather
& Co., Goldman & Co., John Stark & Co., Do-
minion Securities Corpn.
(THE) DAVIS SEWING MACHINE CO. Ist
6s. Due $60,000 annually June 1, 1915,
‘to June 1, 1924, inclusive.—N.
‘Dated Jan. 1, 1913. Interest payable June
1 and Dec. 1, at Trustee’s office.
Authorized—$600,000.
Outstanding—$600,000. °
Denomination—Coupon, $500 and $1,000.
Trustee—Dayton Savings and Trust Co.,
Dayton, O. | : , z
Redeemable at 102 and interest in the reverse
order of their maturities on 60 days’ notice.”
Organization—Incorporated in New York in
1868. The company has offices in New York,
Chicago, Boston, San Francisco, London and
Paris, and manufactures sewing machines, motor
cycles, bicycles and parts.
Secured by a first mortgage on plant at Day-
ton, O., covering 25 acres, with an annual
capacity of 175;000 sewing machines, 125;000
bicycles, 5,000 motor cycles and a large capacity
for screw machinery. © : ‘
*Net Earnings, 8/31/14. - $234,518
Interest and Taxes.............- 37,037
*After depreciation and other interest.
Original Market—$600,000 offered in 1918,
at par and interest by the Dayton Savings and
Trust Co., Dayton, O., and Breed, Elliott &
Harrison, of Cincinnati.
DAVISON CHEMICAL COMPANY Ist S. F. 6s.
Due May 1, 1932.—F.
Dated May 1, 1912. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,440,000.
Retired by Sinking Fund—$100,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
go Deposit & Trust Co., Baltimore,
Redeemable at 105 and interest on any interest
date as a whole or at 10234 and interest for
sinking fund. :
Sinking Fund—$50,000 of these bonds are to
be retired annually, commencing May 1, 1914,
to and including May 1, 1920, and $75,000 annu-
ally thereafter, either by purchase or redemption
at not over 10234 and interest. Bonds so
redeemed to be cancelled.
Organization—Incorporated’ in Maryland in
1902 to take over the business of G. H. & C. T.
Davison. Business established in 1832.
Secured by a first mortgage on three plants
located at Curtis Bay, Hawkins Point and
Canton, Md., with a combined capacity of
200,000 tons of sulphuric acid annually. Product
is used largely in manufacturing fertilizer.
Earnings—7% is being paid on $600,000 pre-
ie stock and 10% on $1,500,000 common
stock.
Original Market—Offered in 1912, by Robert
Garrett & Sons, Baltimore, ‘at 100 and interest.
‘Market.
Baltimore—Sutton & Co., J S. Wilson, Jr., &
Co., Baker, Watts & Co., Hambleton & Co.,
Jenkins, Whedbee & Poe, Riggs & Mclane,
Robert Garrett & Sons, W. W. Lanahan & Co.,
Townsend Scott & Son, Walter Koppelman, B.
Warren Corkran & Co.
DAWSON RAILWAY & COAL CO. Ist & Coll.
Tr. 5s. Due July 1, 1951.—F.
See Map 49. :
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Sinking ee ieee nok Jan. 31, 1912, an
annual amount equal to five cents per ton. ‘of
coal mined; ‘to be applied either to the purchase
of these bonds at not over 105 and interest, or to
be invested in approved securities.
Guaranteed ¢ Brineipal and interest by the New
Mexieo Ry. & Coal Co. by endorsement.
Control—All the capital stock of the company
is owned by the El Paso & Northeastern Co.,
the ere capital stock of which is owned by the
El Paso & Southwestern Co.
Secuced by a first lien on (2) 181 miles of road
from Dawson to Tucumcari, N. M., and upon
about 23,000 acres of coal fields in Colfax County
> by deposit of all the pork: $3,000,000)
and all the bonds ($3,000,000) of the Dawson
Ry. Co., and also all the stock ($1,000,000) and
all the bonds ($1,000,000) of the Dawson Fuel Co.
Net Earnings (E. P. S.-W. Co.),
6/80/14: oicie ae rerereas a Rte $4,112,424
Rentals js canes uiega veces ead 2,018,410
Interest): o csneiss 64ers y4 4 4 hems 174,295
Market.
New York—Hartshorne & nen Douglas,
Fenwick & Co., Mabon & Co., E. Bunge & Coa.,
Beverley Bogert & Coa., Hartshorne & Battelle,
Potter, Choate & Prentice. Pickers & Phelps,
Jones & Lanman.
Scranton—E. A. Burke & Co.
DAYTON & MICHIGAN RAILROAD ae: Cons.
44s ae to Jan. 1, 1931.—
See Map
Dated ‘anuary 1, 1881. Extended January 1,
1911, interest being reduced from 5%. Interest
payable January and July 1, at J. P. Morgan
& Co., New York.
Authorized and Outstanding—$2, 728,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable at 10234 and interest on any
interest date after January 1, 1917.
Guaranteed prineipat and interest by the
Cincinnati, Hamilton & Dayton Ry. Co. by
endorsement.
Control—Leased in perpetuity from'1863 to the
Cincinnati, Hamilton & Dayton Ry. Co. Rental
interest on bonds, 8% _on $1,211,250 preferred
stock and 314% on $2,401,950 common stock
ae maintenance charges. The'C., H. & D.
By: Co. is controlled by the Baltimore & Ohio
R. Co. through stock ownership. The C.,
H. ED D. R. R. was placed in the’ ands of re-
ceivers in July, 1914, and practically its entire
funded debt is now in default as to interest, —
Secured by a first lien on (5) 142 miles of road
from Dayton to Toledo Jct., O., by deposit of
the issues of first mortgage bonds. This road
forms part of the main line of the C. H. & D.
Ry. Co. Bonds are outstanding at the rate of
$19,100 Per mile.
Listed on the New York and Cincinnati Stock
Exchanges.
Market
New York—White, Weld” & Co., McGeorge &
Vanderhoef, Wolff & Stanley.
Cincinnati—W. E. Hutton & Co., Fifth-Third
National Bank.
Philadelphia—W. H. Newbold’s Son & Co.
DAYTON BREWERIES CO. ist 6s. Due March
1, 1929.
Dated March 1, 1904. Interest payable Jan.
and July 1, at Dayton Savings & Trust Co.
Authorized—$2, 500,000.
Outstanding—$z2, 007, 000.
Retired by Sinking Fund—$493; 000.
Denomination—Coupon, $1,0
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, Ohio.
241
Redeemable on any interest date at 10734
and interest.
Sinking Fund—$25,000 per annum on Sept. 1,
for the purchase or redemption of bonds at not
exceeding 10734 and interest.
Organization—Incorporated in 1904 in Ohio
as a consolidation.
Secured by a first mortgage on all breweries
in Dayton, Ohio, except one, and second mort-
gage on that one. Company operates practically
all the saloons in Dayton and vicinity.
Prior Liens—$80,000 Thomas Brewing Co. 5s.
Net Earnings, 12/31, TGS os cava . $226,699
Interest on bonds............. 153,875
Listed on Cleveland Stock Exchange.
arket.
Cleveland—F. J. Weideman & Co., W. S.
Snyder & Co., Borton & Borton.
DAYTON, COVINGTON & PIQUA TRACTION
co. Ist aes Due April 1, 1922.—N.
Dated April 1, 1902. Interest payable April
and Oct. 1, at Trustee’ 4 office.
Authorized—$550,0
Outitaudlag-s490 000,
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston, Mass.
Organization—lIncorporated in Ohio in 1900.
Secured by a first mortgage on 38 miles of
electric railway from Dayton to Piqua, Ohio.
Population, Dayton, 120,000, remaining terri-
tory about 20,000. Franchises expire between
1926 and 1928.
Underlies—$60, 000 2nd 6s of 1919.
Net Earnings, 6/30/14
Tnterest:, oi 5 ssccauace o. 5
Original Market—First offered by H. W. Poor
& Co., New York and Boston, at 101 and inter-
est Feb., 1903.
Market.
Philadelphia—Chandler & Co., Samuel K.
Phillips, Penington, Colket & Co.
New York—Farson, Son & Co., L. F. Hepburn,
Leonard Snider & Co.
DAYTON ELECTRIC LIGHT CO. Ist 5s. Due
March 1, 1921.—F. !
Dated March 1, 1901. Interest payable
March ‘and September 1, at Harris Trust &
Savings Bank, gplcage.
Authorized-—$500,
Duistiadnd tenes, 000 (Closed: mortgage.)
Balance retired by sinking fund.
Denomination—Coupon, $1,000.
Trustee—Illinois Trust & Savings Bank,
Chicago, Ill.
Redeemable at 10744 and interest.
Sinking Fund—provides for retirement ° of
$235,000 prior to maturity.
Assumed by Dayton Power & Light Co.
Control—Merged with Dayton Power & Light
Co., which does all electric light and power busi-
note in Dayton, Ohio. Population served,
Soured by a first mortgage on property
formerly of the Dayton Electric Light Co.
Underlies—$3,304,000 eye Lighting Co.
and Dayton Power & Light Co. 5:
Net Earnings, 12/31/14. $427,012
‘Interest on bonds 207? 647
This issue....... 42.4
4
Original Market—First offered byN. Ww. Harris
& Coz, in April, 1901.
‘New York-—Blodget” me “co. .»’ Harris, Forbes
& Co., J. W. Christiansen, Gude, Winmill & Co.
-ghoston—N. W. Harris & Co., Perry, Coffin &
Chicago—Harris Trust & Sav. Bank. .
(THE) DAYTON (0.) GAS CO. ist 5s. “Dug
Interest payable March
March 1, 1930.—F.
Dated March 8, 1910.
and Sept. 1, at H: rris, Forbes & Co.,, New York,
Chicago, and Boston. ~
. Authorized—$1,500,000.
Outstanding—$1, 200, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustees—The Citizens’ “Savings ‘& Trust Co.,
Cleveland, Ohio, and Allen B. Forbes, New York.
: Redeemable at 105 and interest’ March 1, 1915,
or on any interest. date thereafter.
Sinking Fund—$20,000 annually beginning
March 1, 1916.
4 Organization—Incorporated in Ohio in 1910
as.a consolidation of the Dayton Gas Light. &
Coke Co. and the Dayton Gas. & Fuel Co.
Secured bya first mortgage on plants supplying
artificial and natural. gas in Dayton, Ohio. The
artificial gas franchisé. is perpetual and the
Registerable
natural gas franchise extends to 1930. Popu-
lation served, 125,000.
Net ‘Earnings, 12/31/12 $244,661 -
Fixed charges...........6.... 60,499
Listed on the Cincinnati Stock’ Exchange.
Original Market—-Offered in 1910 by N. W.
Harris & Co., New York, Boston and Chicago,
at par and interest.
Market.
New York—Harris, Forbes & Co., Gude, Win-
mill & Co.
Boston—N. W. Harris & Co. .
Chicago—Harris Trust & Savings Bank.
Philadelphia—Elkins, Morris & Co.
Cincinnati—C. C. Murray & Co.
Providence—Hornblower & Weeks.
DAYTON LIGHTING COMPANY Ist & Ref.
. 5s. Due March 1, 1937.—F.
Dated March 1,1907. Interest payable March
and Sept. 1, at New ce :
é ‘Authorized—$3,50! 500,000.
Outstanding—$2,, 432, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Equitable Trust Co., New York.
Redeemable at 10732 and interest on any
interest date.
_Exchangeable—These bonds are exchangeable,
par for par, for Dayton Power & Light 1st & Ref.
5s of 1941.
Control—Absorbed by: the Dayton Power &
Light Co. in 1911.
Secured by a mortgage on the Fourth. Street
power house and the conduit system of the city,
subject to $380,000 prior liens.
Prior Liens—$365,000 Dayton Electric Co. 1st
5s of 1921.
Underlies—$872, 000 Dayton Power & Light
Co. Ist & Ref. 5s of 1941, a sufficient amount
of which are reserved to retire this, issue.
Net Earnings, 12/31/14 .. $427,012
Interest on Bonds..... seeees 207,6
THis: Issue sy. dee. ssorinra wis ven aeyacareecare 64,0
Original Market—Offered in 1909 by Baker,
Ayling & Co., Boston, etc., and Rudolph Kley-
bolte & Co., ine., Cincinnati and New York, at
95 and interest. Offered, April, 1914, by White
& Co., New York.
Market.
New York—John W. Christiansen, Hotchkin
& Co., White & Co., Sutro Bros. & Co., F. H.
Hatch & Co.,, Fuller & Co., L. F. Hepburn,
Tobey & Kirk, R. B. Hathaway & Co., Did-
richsen & Co., Berdell Bros., Chas. H. Jones &
Co., Ernest Smith, H. G. Einstein & Co., Kirk-
patrick & Lewis.
Philadelphia—s. K. Phillips.
Boston— Walter S. Place, H. L. Nason & Ca,
on. L. Ware, F. W. Mason & Co., C. D. Parker
& Co., L. Sherman Adams, F. B. Bassett & Co.
Chicago—Hulburd, Warren & Chandler.
New Haven—Clifford E. Smith.
Cincinnati— Rudolph, Kleybolte & Co.
242
DAYTON POWER &-LIGHT CO. Ist & Ref. 5s.
- Due June 1,.1941.—
* Dated June ‘1, 1911. Interest payable, June
and Dee. 1, at Trustee's. office.
Authorized—$20,0 0,000.
Otntanding 8872, 000.
‘ Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia. Trust Co., New York.
Redeemable ae any graced, date up to and
including Dec. 1936, at 105 and interest,
in 1937 at 104, 1988 at a: 1939 at 102 and 1946
at 101.
Sinking Fund—To be used for improvements
or to purchase bonds at not exceeding above
figures (bonds may be called if not purchasable).
Begins Jan. 1, 1917; from 1917 to 1924 1%;
1925-32, 1144 %: 1933-40, 2% of all bonds out-
standing, including underlying bonds and bonds
of companies a majority of whose stock is owned,
sinking fund payments on last two to. be deducted.
from. amount to be paid in.
Exchangeable.—See Dayton Lighting 5s above.
Organization—Incorporated in Ohio in 1911
to take over the electric light and pet and
steam heating properties in Dayton,
Secured by a mortgage on two power plants,
distributing systems, including conduits, supply-
ing electric light and power. and steam heating
system in’ Dayton, O. Population served,
125,000. Franchises are popeual.
Prior Liens—$365,000 Dayton Electric Co.
1st 5s of 1921, and. $2,432,000 Dayton Lighting
Co. Ist & Ref. 5s of 1937, both closed issues.
Bonds are reserved under this ‘mortgage to retire
both issues.
Net Earnings—See Dayton Lighting Co. 1st
& Ref. 5s above.
Market.
New. York—John W. Christiansen, Hotchkin
& Co., Chas.'H. Jones & Co., Dewing & Co., R..
B. Hathaway & Co., Berdell Bros. ., Sutro Bros.
& Co., Ernest Smith, Kirkpatrick & Lewis.
Boston—L. Sherman. Adama, .B. Bassett
& Co., H. L. Nason & Co., F. W. Mason & Co.
DAYTON, SPRINGFIELD & URBANA RAIL-
ROAD Ist 5s. Due Nov. 1, 1928.—N.
Dated Nov. 1, 1898. Interest ele May
and Nov. 1, at Truster? 's office.
. Authorized—$750,000.
Outstanding—$635, 000.
Held in Sinking Fund—$115, eats
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York. |
Redeemable at 110 and interest.
Sinking Fund—5% per annum of gross
earnings.
Guaranteed as to interest by lease to Ohio
Electric Ry. Co.
Assumed by Indiana, Columbus & Eastern
Traction Co.
. Control—Merged into the Indiana Columbus
& Eastern Traction, whose entire common stock
is owned by and the road leased to, the Ohio
Electric Ry. Co. Rental 5% on $1,000,000
preferred stock and interest on bonds.
Secured by a first mortgage on 41 miles of
electric railway connecting Dayton, Springfield
and Urbana, Ohio. Population served, 182,000.
Built on private right of way outside of cities.
Underlies—$6,400,000 The Indiana, Columbus
& Eastern Traction Co. Gen. & Ref. 5s of 1926,
under, which mortgage provision is made for
the retirement of this issue.
Net Earnings, (Ohio El. Ry.),
12/31/13 ee
Rentals 884
Interest Ber, 148
Original Market—First, offered ‘by Adams &
Co., Boston, at 102-and aupetese in 1900,
Mar
New York—Adams & oe HL I. Nicholas & Co.,
Boston—Adams & .Co.,
Hotchkin & Co.,
Burgess, Lang & Co. ‘ a .
DAYTON, SPRINGFIELD & XENIA SOUTH-
ERN RAILWAY Ist 5s. Due Oct. 1, 1923.
Dated Oct. 1, 1908. Interest payable April
and Oct. 1, at Trustee’s office.
~ Authorized and Outstanding—$500,000.
‘Deénomination—Coupon, $100 and $1,000.
Trustee—Wisconsin Trust Co., Milwaukee:
‘Redeemable upon six months’ notice at 105
and interest.
Organization—Incorporated in 1909 as suc-
cessor to the Dayton & Xenia Transit Co. sold
at foreclosure. ‘ 8
Secured by a first mortgage on 4014 miles of
electric railway between Dayton and’ Xenia,
Ohio, and branch from Dayton ‘to Spring Valley.
” Net Earnings, 6/30/12........... $42,093
Wnberestiavec acc veetsustae As teaetyine wo ay Ses 26,867
Market. :
New York—Korn, Lehman & Co.
DAYTON UNION RAILWAY Ist 4s.
1, .—F.
. Tax free in Ohio. 4 a
Dated July 1, 1899. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$500,000.
; Outstanding—$413,000. ;
Held in Sinking Fund—$87,000.
Denomination—Coupon, $1,000.
. trustee—Farmers’ Loan & Trust Co., New
Due July
ork.
Redeemable for the sinking fund at par and
interest. mak ict
Sinking Fund—1% per annum of _bonds out-
standing plus interest on bonds in sinking fund
to redeem bonds at par. Bonds so eared to
be held alive and interest added to fund.
_, Guaranteed as to interest by agreement of
proprietary companies. a> :
Control—The entire capital stock is owned
by the companies mentioned below. . west
Secured by a first mortgage on Union Depot
in Dayton, Ohio, used by the Pittsburg, Cin.,
Chi. & St. L. (Penn. Co.); Cleve., Cin., Chi. &
St. L.; Cin., Ham. & Dayton; Dayton & Union
and Erie railroad companies. ,
Market.
New York—J. H. Becker & Co.
' Philadelphia—Chas., Fearon & Co.
DECATUR GAS & ELECTRIC CoO. 1st 5s. Due
May 15, 1929.—-F
Dated May 15, 1899. Interest payable May
and November 15, at Trustee's office.
Authorized—$3 00,000. \
Outstanding—$225,000.
Retired—$75,000.
Denomination—Coupon, $1,000.
Trustee—Merchants’ Loan &
Chicago, Ill. 4 i F
Redeemable at 105 and interest. .
Sinking Fund—Minimum of $15,000 bonds
annually at 105 and interest. Bonds to be
retired in numerical order. as
Assumed by Decatur Ry. & Light Co.
Control—Merged into the Decatur Ry. &
Light Co., all of whose stock is owned by the
Danville; Champaign & Decatur Ry. Co. a
subsidiary of the Illinois Traction Co. :
- Secured by a first mortgage on plant supplying
gas and one of the plants supplying electricity
Trust Co.,
to Decatur, Ill. Population, 1910, 31,140.
Franchises extend beyond 1938.
Underlies—$90,000 1st Cons. 5s, $743,000
Decatur Ry. & Lt. Co. Ist & Cons. 5s of 1933 and
$869,000 Con. & Ref. 5s of 1938, all of which
mortgages provide for the retirement of this
jue, ae a2
Original Market—Offered in 1899 by Devitt,
Tremble & Co., at 104 and interest,
243
fay ae Market. |... ta
Philadelphia—Edward V. Kane & Co., R. M.
Stinson & Co. ; i us
New York—Williams, Dunbar & Coleman.
Chicago—Devitt, Tremble & Co., McCoy &
0.
Montreal—W. Graham Brown & Co.,
DECATUR RY. & LIGHT CO. 1st & Cons. 5s.
Due Dee. 1, 1933.—F.
Dated Dec. 31, 1903. Interest payable June
1 and Dee. 1, at Trustee’s office or Merchants’
Bank of Canada, Montreal. ,
Authorized—$1,3.00,000. :
Outstanding—$743,000.
Held alive in Sinking Fund—$55,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at. 107 14 and interest on 60 days .
notice. : '
Sinking Fund—Annually on Dec. 1, 10% of
the net earnings of the company for the preceding
twelve months. .Minimum amount in any event
1% of par value of outstanding bonds for the
purchase or redemption of these bonds.
Guaranteed as to prinel al and interest. by
endorsement of the Illinois Traction Co.
Organization’ and Control—Incorporated in
1903 in Illinois to take over the street railway,
gas, electric lighting and steam heating Top-
erties in Decatur, Ill., and ‘vicinity.. Entire
capital stock is-owned by the Danville, Cham-
paign & Decatur Ry. Co., a subsidiary of the
Illinois Traction Co. ; we
Secured by a mortgage on plants supplying
gas, electric light and power, and steam heat
in Decatur, Ill.,’and ‘vicinity, and on street rail-
way system comprising 15 miles of track. Pop-
ulation, Decatur (1910), 31,000. ~
Prior Liens—$342,000 bonds of constituent
companies which this mortgage provides to retire.
Underlies—$869,000 Cons.'& Ref. '5s of 1938
which are deposited under the Coll. Tr. 5s of the
Danville, Champaign & Decatur Ry. & Lt. Co.:
Original Market—$600,000 offered 1906: at
ae and interest by Julius Christensen & Co.,
hiladelphia.
Market.
Philadelphia—Samuel K. Phillips, R. M. Stin-
son & Co., E. V. Kane & Co., Oscar R. Dare.
ie hee York—Bigelow & Co., Leonard Snider
0. j
Montreal—W. Graham Brown & Co.
DECATUR TRACTION & ELECTRIC CO. 1st
5s. Due Jan. 1, 1921.—F.
Dated Jan.1,1900. Interest payable Jan. and
July 1, at Trustee’s office or Chase National Bank,
New York.
Authorized— $300,000.
Outstanding—$212,000 (Closed mortgage).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—lIllinois Trust & Savings Bank,
Chicago, Ill. . ;
Control—Merged into the Decatur Ry. & Lt.
Co., all of whose stock is owned by the Danville,
Champaign & Decatur Ry. & Lt. Co., a subsidiary
of the Illinois Traction Co. epee
Secured by a first mortgage on principal part
of street railways in Decatur, Ill., and also on
power plant supplying portion of eléctricity in
that city. Population served, about 31,000.
Underlies—$1,612,000 Decatur Ry. & Lt.
1st & Cons. 5s and Cons, & Ref. 5s, both of
which mortgages provide for the retirement of
this issue. \
Market.
Philadelphia—R. M. Stinson & Co., E. V.
Kane & Co.. a4
*’ Cincinnati—Rudolph, Kleybolte & Co.
.Montreal—W. Graham Brown & Co.
;, @mount of the notes outstanding.
DEERE & COMPANY Serial 5% Notes. Due
$1,000,000 annually to Aug. 1,' 1916, inclu-
Dated May 1, 1911. Interest payable Feb.
and Aug. 1, at Chase National Bank,’ New York.
Authorized—$5,000,000. oe
Outstanding—$2,000,000.
Retired—$3,000,000. — o
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000...
Trustee—First Trust & Savings Bank, Chicago.
Redeemable at 101 and interest on any interest
date on 60 days’ notice, as a whole only. ia
_ Organization—Business founded in 1837 and
incorporated in Illinois in 1868 and again in 1911.
The company is a large manufacturer of plows,
farm implements and vehicles. Plants are lo-
cated at Moline, Ill., Horicon, Wis., and Welland,
nt. ‘
Security—A direct obligation of the company,
but not secured by mortgage. No additional
bonds or mortgages can be placed on any of the
property while these notes are outstanding, and
the net quick assets shall not be less than the
fee be
Net Earnings, 10/31/14....... $2,436,835*
Interest scien sc cies aied ages acayn ss 283,486
*Compares with $4,323,201 in 1913.
Original Market—Offered in 1911 by White,
Weld & Co., New York and Chicago, at par and
interest.
; * 3 Market.
Chicago—C.. F. Childs & Co., Union Trust
Co., Central Trust Co. of Ill., Stanwood, Taylor
oO. vou ‘ +
New York—White, Weld & Co., J. S. Bache
& Co., Whitemore, Pell & Co., Didrichsen & Co.
DEFIANCE GAS & ELECTRIC CO. Ist 5s.
. Due September 1, 1942.
Dated September. 1, 1912: Interest payable
January and July 1, at Trustee’s office.
Authorized—$500,000. :
“. Qutstanding—$263,000. aah
‘Denomination—Coupon, $1,000. Registerable
as to principal only. i
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 105 and.
interest. i
Sinking Fund—1% per annum of outstanding
bonds for first 10 years; 114% for next 10 years
and 2% to. maturity. ; .
. Organization and Control—Incorporated in
Ohio in 1909. Controlled through stock owner-
ship by the United States Gas :& Electric Co.
Secured by a first mortgage on plants supply-
ing gas and electricity to Defiance, Ohio.. Popu-
lation, 1910, 7,327. Franchise is perpetual.
The company purchases hydro-electric, current
for, distribution at the *ate of one cent per
kilowatt.
Net Earnings, 12/31/14.......... $32,300
Interest and taxes.............4- 19,776
Market.
New York—Crawford, Patton & Cannon.
DELANO LAND COMPANY Mtge Ss. Due
» Jan. 1, 1932.—F.
“Dated Dec. 1, 1891. Interest payable Jan.
and July 1, at Lehigh Valley R. R., New York
and Philadelphia. , .
Authorized—$1,200,000.
Outstanding—$1,082,000.
Denomination—Registered, $1,000. ;
Trustee—Girard Trust Co., Philadelphia.
. Sinking Fund—Ten cents per ton of coal of
sizes above pea, shipped during the preceding
year, which amount shall not be less than $30,000
in any one year, to be applied to the purchase of
these bonds at not above par and interest; if not
purchasable, to be invested in other approved
securities. 7
Guaranteed principal and interest by the
Lehigh Valley R. R, Co. by endorsement.
Control—Merged in 1900 with the Lehigh
244
Valley Coal Co, whose entire capital stock is
owned by the Lehigh Valley R. R. Co. ;
Secured by a first mortgage on 5,229 acres of
coal land in Schuylkill Co., Pa., with mines, im-
provements, etc, :
Listed on the Philadelphia Stock Exchange.
Market. :
Philadelphia—E. B. Smith & Co., Reed &
Huntoon, E. W...Clark & Co., Montgomery,
Clothier & Tyler, Brown Bros. & Co., W. H,
Newbold’s Son & Co., Henry & West, S. K.
Phillips, Reed A. Morgan & Co., C. D. Barney &
Co., Graham & Co. 2
DELAWARE & BOUND BROOK RAILROAD
CO. 1st Cons. 314s. Due Aug. 1, 1955.—F.
See Map 104. iy
Dated August 1, 1905. Interest payable Feb.
and Aug. 1, at Mechanics’ National Bank, Tren-
ton, N. J. :
Authorized and Outstanding—$1,800,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia.
Guaranteed as to interest under terms of lease
by the Philadelphia & Reading Ry. Co.
Control—Leased for 990 years from 1879 to
the Philadelphia & Reading Ry. Co. Rental
interest on bonds and 8% on $1,800,000 stock.
Secured by a first mortgage on (6) 31 miles of
road from Bound Brook, N.,J., to the Delaware
River and branch to Trenton, N. J., and including
27 miles of 2nd track and 9 miles of 3rd track.
Bonds are outstanding at the rate of $58,600
per mile. This road forms an important part
of the P. & R. Ry. between Philadelphia and New
York.
‘Legal for Conn., Fla., Me., Mich, Minn., N. J.
and Wis.
Original Market—Offered in 1905 by Drexel
& Co., Philadelphia.
Market.
Philadelphia—Geo. N. Fleming, Henry &
West.
New York—J. A. Clark & Co., Freeman & Co.,
Wood, Struthers & Co.
DELAWARE & HUDSON CO. Ist & Ref. 4s.
Due May 1, 1943.—F.
See Map 45,
Dated May 1, 1908. Interest payable May
and Nov. 1, at company’s office, 32 Nassau St.,
New York... | :
Authorized—$50,000,000.
Outstanding —$32,204,000.
Denomination—Coupon, $1,000.
as to principal or. fully registerable. Registered,
$1,000, $5,000 and multiples of $5,000. C.&R.
interchangeable.
Trustee—Farmers’ Loan & Trust Co., New
York.
Redeemable as a whole only at 1074 and in-
terest on May 1, 1918, or on any interest date
thereafter upon 18 weeks’ notice..
Sinking Fund—Beginning June 1, 1909, 1%
of amount of outstanding bonds is to be paid
annually to.the Trustee to be applied at the
direction of the company, either to the purchase
and cancellation of these bonds, or to construc-
tions, additions, etc., which are to be placed
under the lien of this mortgage. Approximately
$900,000 has been paid into the Sinking Fund
and expended in this way.
Secured by a first mortgage on (1) 208 miles
of road from Whitehall to Rouse’s Point, N. Y.,
on the Canadian line, Nineveh, N. Y. to N. Y.-
Penna. State line and branches, and a second
mortgage on (2) 120 miles of road from Scranton
to Honesdale, Pa., Schenectady to Delanson,
Y., and Saratoga Springs to North Creek;
N. Y., subject to prior liens at the rate of $54,000
per mile. Further secured by a first lien on
Registerable
leasehold interest in (3) 436 miles of road from
Binghamton to Albany, N. Y., and various
branches in eastern New York and a first lien
on (4) 51 miles of trackage rights from Jefferson
Jet. to Carbondale, Pa. The lines described
above form a continuous road from the anthracite
coal fields of Pennsylvania, via Albany, to the
New York-Canada line, where direct connection
is made for Montreal.
Prior Liens—$5,000,000 Del. & Hudson Canal
Co., Penna. Div. 1 1st. 7s, due 1917, $1,000,000
Adirondack Ry. 1st 4}4s due 1942, and $500,000
Schenectady Duanesburgh ist 6s due 1924.
In addition there are $8,588,000 bonds out-.
standing secured on the mileage leased.
Report, years ended ame a oe
Gross earnings. $22, rae ee eee 495
Net earnings.... qT, 76 8,948,188
Net income : 9,417,405 10,931,244
Rentals. 1:997,771 2,020,228
Interest... 2)811,771 2,736,280
Dividends. . 8,825,270. 3, 825, 270
Surplus $782,598 | $2,349,466
Listed on the New York Stock, Exchange.
Legal for Balt., Cal., _ Conn Me., gee
Minn., N. H., N. J., N. ” and, ne
Original Market—Underwrittén | fh -1908 |b
Kuby) Loeb & Co., and the First National eeu,
New York, and offered at 9714 and interest.
Market. | ch gt
New York—Effingham Lawrence & Co.,:
Guaranty vee Co., Crawford, Patton & Can-
non, Coffin & Co., Harris, Forbes & Co., Blodget
Co., Hornblower « Weeks, Remick, Hodges &
Co., White, Weld & Co., J. S. Bache &: Co.,
Seasongood & Haas, L. M.{Prince & ee Wood,
Struthers & Co., Hodenpyl, Hardy & Co., Col-
gate, Parker & Co., Asiel & Co., Newborg &
Co., Redmond & Co.
Boston—Adams & Co., Geo. A. Fernald & Co.,
N. W. Harris & Co.
chests ous Trust & Sav. Bank, Boesee
pyl, Hardy &
Bhiladelphia—Reed & Huntoon.
DELAWARE & HUDSON ce. Conv. 10-Year
Deb. 4s. Due June 15, 1916.—N.
Dated June 15, 1906. . Treat payable June
and Dec. 15, at Company’ '3 office, 32 Nanzait sek
New York..
Authorized—$14,000,000.
Outstanding—$13, 973, 000.
Converted into Stock—-$27, 000.
Denomination—Coupon, $1 000. Registerable
as to principal or fully registerable.
Convertible—Privilege expired June, 1912.
Security—A direct obligation of the company,
but not secured by a mortgage.
Listed on the New York Stock Exchange.
Legal for N. H.
Original Market—Offered to the stockholders
in 1906 for subscription at par. ;
Market.
New York—Rhoades & Co., Curtis & Sang er,
Seasongood & Haas, Kissel, sinnictts & Co.,
H. N. Whitney & Sons, Freeman & Co,, Bull
& Eldredge, Newborg & Co., Wolff & Stanley,
Coffin & Co., Wood, Struthers & Co., John J.
Levenson, Alexandre G Burnet, Redmond & Co.,
Gude, Winmill & Co., Eyer & Co.
Boston—F. S. Moseley & Co.
DELAWARE & HUDSON CO. Ist Lien Equip.
44s. Due qaly 1, 1922.—F,
Dated June 1, 19 07, Interest payable Jan,
and July, at company’s office, 32 Nassau St.,
New York.
Authorized—$10,000,000.
Retired by Sinking Fund Feb., 1914—$357,000.
Outstanding—$9,643,
De eenieetiie Coton: ‘31, 000. Registerable
as to principal or fully registerable.
« Re
Mich. /
Trustee—United States Mortgage & Trust Co.,
New York.
Sinking Fund—Annually, beginning July, 1,
1908, the sum of $650,000, to be ap pplied . .by the
Trustee under the direction of the Delaware &
Hudson Company either to the purchase of these
bonds for cancellation or to the purchase, of ad-
ditional equipment to become subject to this
indenture, or to the purchase of bonds legal for
New York State Life Insurance Companies.
Bonds so purchased may be sold and ‘the pro-
ceeds applied to the purchase of the bonds of
this issue, or for new equipment oe come under
the lien of this indenture. On Dee. 31, 1913,
payments amounted to $4,074,446. Disburse-
ments for equipment, $2,006,314; 357 bonds re-
tired, $362, eee securities and cash in hands of
Trustee, $1,705.
Secured by 2 first lien upon equipment ac-
quired under this indenture.
Listed on the New York Stock Exchange. |
Legal in New Hampshire and Rhode Island.
Original Market—Offered in 1907 by Kuhn,
Loeb & Co. and the First National Bank, New
York, at 95 and interest.
arket.
New York—Rhoades & Co., Freeman & Co.,
Wood, Struthers & Co., Coggeshall & Hicks,
Bull & Eldredge, Seasongood & Haas, Steuthers
& Hiscoe.
Boston—Geo. A. Fernald & Co., Adams & Co,
Philadelphia—Graham & Co.
DELAWARE & HUDSON CANAL co. Penn-
ohne Div. Mtge. 7s. Due Sept. 1, 1917.
See M
Dated Map 44. 1, 1877. Interest payable March
and Sept. 1, at Delaware & Hudson Company’s
office, 32 Nassau St., New York.
Authorized—$10,000,000.
Outstanding—$5,000,000.
Retired—$5,000,000.
Denemiantien cou pois $1,000. Five cou-
pon bonds are exchangeable for a $5,000 regis-
tered bond. . .
Trustee—Union Trust Co., New York.
Control—Delaware & Hudson Co. successor
company in 1899.
Secured by a first mortgage at about $102,500
per mile on (7) 49 miles of road in Pennsylvania.
Also on coal lands and other property within
Luzerne, Wayne and Susquehanna Counties,
Pennsylvania.
Underlies—Delaware & Hudson 1st & Ref.
4s of 1948, which provide for the retirement of
this issue.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., N. H., N.J., N. Y., R. I. and Wis.
Listed on the New Stock Exchange,
Market
. New York—Coffin & Co., eeman & Co.,
F. H. Hatch & Co., Struthers & ee Jas. H,
Oliphant & Co., Wood, Struthers & Co., Mc-
George & Vanderhoef, Redmond & Co.
Hartford——Roy P. Crary.
DELAWARE COUNTY ELECTRIC CO. Ist 5s.
Due Aug. 1939, —
Dated Aug. 2, 1909. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$300,000.
Outstanding—$300,000.
Denomination—Coupon, $1, 000.
Trustee—Philadelphia Trust,, s. “D. & Ins. Co.,
Philadelphia, Pa. —
Redeemable at 105 and interest.
Sinking Fund—1 % per annum to 1918; 14%
per annum, 1919-28; 2% per annum, 1929° to
maturity.
Organization—Incorporated in Pennsylvania
in 1909 and absorbed the Media Electric Light
Heat & Power Co., Philadelphia Suburban
Electric Co., Faraday Heat, Power & Light Co.
245
and Citizens’ Electric Light ‘& Power Co., of
Delaware. County, Pa. L of the stock is
owned by the’ Philadelphia 1 Dlesteie Co.’
Secured by a first’ mortgage ‘on plants and
transmission lines supplying seyeral suburbs of
Philadelphia ‘with electricity. Franchises are
perpetual.
3 Mar
Philadelphia—S, K.
Clothier & Tyler. :
DELAWARE J RAILROAD co. Gen: 4\4s.
July 1, 1932.—F.
See Map 99. :
Dated April 15, 1892. Interest payable Jan.
and July 1, at ‘Broad Street Steraes Philadelphia.
Authorized——$2, 000,000.
Outstanding—$500, 000.
Denomination——Coupon, $1,000. Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Sinking Fund—The sinking fund resulting
from the dividends on its capital stock subscribed
for by the State of Delaware and also the sinking
fund arising from the surplus profits as provided
in the lease to the Phila., Wilmington & Baltimore
R..R. Co., shall be paid ‘to 'the HEPeente of this
company, and of the P., & B. Co. as
Commissioners ‘to bea plied to the dear tir
of these bonds when offered at par and interest.
If no bonds are offered, funds shall be invested
in interest bearing securities approved by the
Commissioners.
Guaranteed ‘as to interest, | under terms of
lease, by the Philadelphia, Baltimore & Washing-
ton R. R. Co.
Control—The Philadelphia, Baltimore & Wash-
ington R. R. Co. owns $2,829,600 of. stock and
leases the road for 99 years from 1910. ‘Rental
8% on stock.
Secured by a first mortgage on (3) 118 miles
of road from Wilmington, Del. to Delmar, Md.,
and branches to, Rhodesdale and Smyrna, ‘Del.
and Marsey, Md.| These bonds are outstanding
at the rate of $4, (400 per mile. The company
also owns (4) 132 miles of road from Massey
to Chestertown and ‘Centerville, Md., Smyrna,
Del. to Oxford, Md. and Rhodesdale to Cam-
bridge, Md.
Net Earnings, 12/31/14. . $494; 941
Fixed charges...........:
Legal for Balt., Cal., Conn., Fla, Me., Mich.,
Minn., N. J., R. i, and Wis
Listed on the Philadelphia, Stock Exchange.
ie oe Ss. K.
Phillips.
DELAWARE: RIVER BAILROAD & BRIDGE
Co. 1st S. F. 4s. Due Aug. 1, 1936.—F.
See Map 97.
“Dated Rug.” 1, 1896. Interest payable Feb.
dad Aug. 1, at Broad Birect Station, Philadelphia.
‘Authorized—$1, 300
Outstanding—$1, 288.000.
Denomination—Coupon, $1,000.
as to principal,
‘Trustee—The Girard Trust Co., Philadelphia.
_Sinking Fund—Whenever the ‘ponds can be
purchased at par, the company shall appro-
priate 1% annually of this issue outstanding, to
be applied to their purchase at said price; also
an additional sum equal to the interest on bonds
already purchased, to be applied in 2 like manner.
If after 20 days’ notice bonds are not purchasable
at par, then the money so appropriated shall
revert to the treasury of the company.
Guaranteed _ princi al and interest: by the
Pennsylvania R. R. Co. by endorsement.
Control—Entire , $1,300,000 capital stock is
owned by the’ Pennsylvania 'R. 'R.: Co. and
operated by that company under an agreement
terminable on 30 days’ notice.
Secured by a first mortgage on (7) 10 miles
‘Phillips, ' Meatgorion:
Due
Fearon & Co.,
Registerable
246
of road from Frankfort Jct., Philadelphia,’ to’
Pensauken, N. J., ‘and Branches. This forms
part of the all rail route between Philadelphia
and Atlantie City.
Net Earnings, 12/31/14......... $113,295
Interest; 6t6).:..6.. sin nied es eenanes 70,609
Legal for Balls Cal., Conn., Fla., Mes Mass.,
Mich., Minn., N. HL. N. J.,N. Y., R. I. and Wis.
Listed on the New. York Stock "Exchange. :
Market. :
New York—Effingham Lawrence & 'Co.,
McGeorge & Vanderhoef, L. M. Prince & Co.
Philadelphia—E. W. Clark & Co., W.-H. New-
bold’s Son & Co., Henry & We & West.
DELAWARE RIVER TRANSPORTATION co.
1st 5s. Due $18, 000 annually on April 1 to
1921.—F.
Dated April 2, 1906. Interest payable Apr.
and Oct. 1, at Trustee’s office.
Authorized—$225, 000.
Ouistaude ea 000.
Retired—$99,0'
Ho rininaten oecaok “$500.
Trustee—Fidelity Trust Co.; Philadelphia, Pa.
Redeemable upon 60 days’ ‘Hotice at (105"and
interest.
Secured by a first mortgage on four river
steamboats running’ between Philadelphia and
Trenton. es
t.
Ma
Philadelphia—Clifford RR.
Bros. & Co.
4 ae York—Wood, Struthers & Co., Redmond
o.
Skinner, Sullivan
DELTA LAND & TIMBER co. 1st & Refg.
6s. Due semi-annually in varying amounts
on each Jan. and July 1 from Jan. 1, 1915
to July 1, 1924.—F.
Dated July 1, 1918. Interest payable Jan.
1'and July 1, at Trustee’s offices and Drexel &
Co., Philadelphia.
‘Authorized “$4; 200,000. '
Outstanding—$4,000, 000.
Deposited with Trustee against Prior Lien—
$800,000.
Deposited as Collateral—$1,250,000.
Denomination—Coupon, $500 and $1; 5000.
Registerable as to principal only.
Trustees—Merchants’ Loan & ‘Trust’ Co., i
erceee and Michigan Trust Coa., Grand Rapids,
ie!
Redeemable on any interest > date at 102 and
interest.
Sinking Fund—$4.00 per thousand feet of
lumber, before cutting, to be applied to payment
of bonds.
' Guaranteed as to principal and interest by
the Central Coal & Coke Co. of Kansas City.
Organization and Control—Incorporated » ‘in
1906 and contrelled borough stock ownership by
the Central C.& C
Secured by a mortgage on 140,500 acres of
timber land in Louisiana and Texas, all but
9,500 of which is owned in fee, and on saw mills
and other equipment, being a first mortgage on
the saw mills and equipment and two-thirds of
the land (about 38,000 ae in Louisiana.
Prior Lien—$800, ,000 1st
Underlies—$1, 250, 000 eles
Earnings—The Central Coal & Coke Co. has
been paying 5% on $1,875,000 preferred stock
and 6% on $5,125,000 common stock per an-
num since “April, 1902.
Original Market—$1,950 ,000 offered in March,
1914, by Clarke L. Poole & Co., Chicago, at
par and interest. : :
Be ee co. lst 53s. Due
x ov. 1 ;
Dated Nov. 1, 1899. Interest payable Jan.
and July 1 oh
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000.:;' * 9 ©:
Trustee—National Trust Co., Toronto; Can.
Secured by-a first. mortgage on all street rail-
ways and power. plant supplying electricity -to
Georgetown, the' principal city (population
50,000) and capital of Demerara, British Guiana.
Electric lighting franchise perpetual, but may be
terminated at any time by company. Street.
railway franchise expires in 1930, but same may
be extended 20 years.
igie ee ee 0,000 7% Debenture Notes, due
Net Earnings, 12/31/14.......... $56,706
Interest and Sinking Fund....... 38,751
Listed on Toronto’ nee pe aeHange!
Mar
Montreal—Royal Securities Corp., Ltd.
DENISON & SHERMAN RAILWAY) Ist Bs.
Due July 1, 1927.—
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office. cunt
Authorized—$350,000. -
. Outstanding—$239, oot
Held in Treasury—-$40,0
Retired by Sinking Fani—eril 000.
Denomination—Coupon, $1,000. Nenrenn
as to principal.
Bank,
Trustee—Harris
Chicago.
Redeemable on and after July’ ‘1, 1917, at
105 and interest.
Sinking Fund—2% per annum of bonds out-
standing from July 1, 1905, to 19138; 3% 1914
to 1917;.4% 1918 to 1922; 5% 1922 to 1926.
Assumed by Texas Traction Co.
Control—Absorbed in 1911 by. the Texas
Traction Co.
Secured by first mortgage on electric railway
from Denison to Sherman, Texas, 10 miles, and
6 miles of street railway in those cities. Popula-
tion served, 30,000. Franchises expire in 1956
on streets and balance of road is built on private
right-of-way.
Trust & Savings
Underltes $185, 000. 2nd 6s of 1916 and
$1,899,000 Texas ‘Traction Co. ist 5¢ of 1937
and $400, 000 2nd 8s of 1916.
Net Earnings, 12/31/14 $255,054
Interest and taxes... ‘i 200,007
This i issue..........., tae Beatin waits 61,907
Markel.
New York—Harris, Forbes, & Co.
Boston—N. W. Harris & Co.
Chicago—Harris. Trust & & Savings Bank.
wee J ie & NORTH WESTERN RAIL-
Y CO. Ist & Coll. Tr. 5s. Due May 1,
issn
Dated May 1, 1902. Interest payable May
and Noy. 1, at company’s office, Denver, or
Trustee’s office.
Authorized—$6,000,000.
Outstanding—$897, 000.
Held in Treasury—$1, 500
Balance exchanged for ist & Ref. 5s of the
Denver City Tramway.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
date on 90 days’ notice.
Assumed by. the Denver Tramway Co. (new
company).
Organization and Control—Incorporated in
Colorado in 1901 and acquired the entire $5,000,-
000 capital stock of the Denver City Tramway
Co, arch, 1914, the Denver Tramway, Co.
(new company) éxchanged its $9,000, 000 oe pital
stock for all-the property, including stock, of the
Denver City Tramway
Secured by a first hatnrinave on 27 miles of
electric railway in Denver, Col., and extending
northwesterly through ‘Arvada to Leyden, with:
branch from Arvada to Golden, Col., and by de-
247
posit. of $9,000,000 of $10,000,000 capital stock
of the Denver Tramway Co. ‘Franchises on the
27 milés are as follows: Denver expires ‘in 1952.
Golden: for 99 years; ‘country roads perpetual
and the main mileage-is on | prvate right of way.
Pranchiees for-the balance of the property expire
in 19:
Prior Liens—$1, 167,000 Denver Consolidated
Tramway Cons. 5s of 1933; - and $2,000,000
Denver! City: Tramway Co. P. M. 58. ‘of 1919
and $11,123,500 1st & Ref. 5s of 1933.
Refunding—The Denver City: Tramway Co.
1st & Ref. mortgage provides for the retirement
of this issue.
Underlies—$2,500,000 Denver Tramway Co.
6s of 1919.
*Net Earnings, 12/31/14...... $1,287,337
Fixed charges................ 990,743
*Combined account.
Original. Market—Offered at 95 and interest
by Nathan Gregg & Co. (now’Gregg, Whitehead
& Co.) Denver, Colo.
Market.
New York—Tobey & Kirk, Bikdow & Co.,
Fred. H. Hatch & Co., E. F. Hutton & Co.,
Gude, Winmill & Co. iy
Denver—Gregg, Whitehead & Co., W. C.
Searle Boettcher, Porter & Co., James N.
Wright *& coe Calvin, Bullock & Co., Causey,
Foster & Co., E. M.-Bosworth & Co.
-‘Philadelphia—Sweet, “Causey, Foster & Co.
DENVER & RIO GRANDE RAILROAD CO.
Incorporated in Colorado in 1886, and con-
solidated under the laws of Utah and Colorado
with the Rio Grande Western Ry. Co. in 1908.
The company owns 2,534 miles of road, of which
820 miles are narrow gauge and 178 miles are
double-tracked. The lines: of the company
extend from. Denver to Trinidad, Col., Pueblo,
Col., to Salt Lake City, Utah, with two routes
between Salida and Grand: Junction,.,Co., and
to Santa Fe., N. M., and include a large part of
the local roads in southwestern Colorado: and
practically all railroad in Utah south and east
of Salt Lake City. The total length of road
et by the company is 2,640 miles, and it
so controls through ownership of $50,000,000
of the $75,000,000 stock, the Western Pacific Ry.
Co., owning a new low grade line from Salt oe
ee to San Francisco 920 miles. The D. &
G. Ry. Co., guarantees interest and- principal
cp $00, 080, 000 ‘Western Pacific Ry. 1st mortgage
5s due 1933, Interest due March 1, 1914 on
this issue is in default and. the road is in hands
of. receivers. . Efforts are .being made. to effect
a reorganization without placing the D. & i G.
in receivership.
The D. & R. G. Ry. Co. ‘has outstanding
$50,000,000 5% non-cumulative preferred stock
and $38, 000,000 common stock. After 5% has
been paid on the common stock, both classes will
share equally in any further distributions. Divi-
dends were paid on the preferred stock in each
year from 1896 to 1911, the full 5% being paid
from 1901. In 1911 the « ‘dividend was passed
to enable the company to protect its equity in
the Western Pacific Ry. Co.
The D. & R. G. Ry. Co. has outstanding
ee 7300,000 bonds, at the rate of #48. 600 per
mi
Report for years ended June 30:
913-14 |, 1912-13
Gross Heenings. gee. 167, 051 $24,452,965
Net Earnings... 1 7,148, "855 7,405,793
Net Income..... 7'026,410 7,338,620
Interest. ices 5,626,085 5,244,440
Surplus....... $1,055,559 $1,457,372
(THE) DENVER & RIO GRANDE RAILROAD
CO. Imp. 5s. Due June 1, 1928.—F.
See Map 47.
Dated June 1, 1888. Interest payable June
and Dec. 1, at National Park Bank, New York.
Outstanding —$8,335,000 . (Closed mortgage).
Denomination—Coupon, $500. : Registerable
as to principal only, or fully registerable. ;
Trustee—United States Trust Co., New. York.
acouned by the present Denver & Rio Grande
. R. Co. :
Secured by a second mortgage on the (1) 1,650
miles of road covered by the first lien of the Cons.
4s and 414s, which see above. Bonds of this
pag are outstanding at the rate of $5,000 per
mile. :
Prior Liens—$40,507,000 The Denver & Rio
Grande Cons. 4s and 44s of 1936. :
Underlies—$33,788,000 D. & R. G. 1st and
Ref. 5s of 1955, which issue provides for the
retirement of these bonds, and the $10,000,000
D. & R. G. Cum. Adj. 7s of 1932.
Listed on the New York Stock Exchange.
: '.. Market. ‘
.New York—Plympton, Gardiner & Co., F. J.
Lisman & Co., Foster & Adams, Keech, Loew &
Co., Hartshorne & Battelle, H. P. Taylor & Co.,
L. M. Prince & Co., Newborg & Co., Chandler
Bros. & Co., Herrick & Bennett, Simon Borg &
Co., Beyer & Co., McGeorge & Vanderhoef.
Buffalo—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
(THE) DENVER & RIO GRANDE R. R. CO.
Cum. Adj. Inc. 7s. Due April 1, 1932.—F.
Dated May 1, 1912. Interest payable April
and Oct. 1, at. New York, London, Berlin, Paris
and Amsterdam. eo
Interest Provisions—Interest is cumulative
and is payable if earned out of the available net
income of the eed from all the sources for
six months ending Dec. 31, and June 30 immedi-
ately preceding the respective interest dates.
Installments of interest declared payable shall
amount to not less than 134%. Interest has been
regularly paid to April 1, 1915. :
Authorized—$25,000,000.
Outstanding—$10,000,000..
Denomination—Coupon, $1,000.
as to principal. :
Trustee—New York Trust Co., New York.
Redeemable at 115 and interest on any interest
date upon 90 days’ notice, in lots of not less than
$500,000.
Secured by a second mortgage on (1) 130 miles
of road, subject to a prior lien at the rate of
$11,900 per mile, a third mortgage on (2) 297
miles of road subject to prior liens at the rate of
$34,000 per mile and a third mortgage on (4)
2,110 miles subject to prior liens at the rate of
$48,900 per mile. Also secured by a second lien
on the second mortgage bonds and stock of the
Western Pacific Ry., owning (3) 934 miles of
road. (For details see 1st & Ref. 5s below.)
Prior Liens—$112,900,000 bonds, including
1st & Ref. 5s of 1955. |
_ Original Market—Offered in 1912 at par and
interest by Blair & Co. and William Salomon &
Co., New York.
Market.
New York—Wnm. Salomon & Co., Rauscher &
Childress, McGeorge & Vanderhoef, Didrichsen
& Co., A.S H. Jones, Ernest Smith.
(THE) DENVER & RIO GRANDE RAILROAD
O. Cons. (now ist) 4s and 4)4s. Due
Jan. 1, 1936.—F.
See Map 47.
Dated July 15, 1886. Interest payable Jan.
and July 1, at National Park Bank, New York.
Authorized—$42,000,000.
Outstanding—$34,125,000-48; $6,382,000—4 14s.
Held in Treasury—$1,445,000 4s. ‘
Denomination—Coupon, $500 and _ $1,000.
Registerable as to principal only, or fully regis-
terable. - :
Trustee—United States Trust Co., New York.
Registerable’
Assumed by the present Denver & Rio Grande
Secured by a first mortgage on (1) 1,650 miles
ofroad almost entirely in Colorado and including
lines from Denver to Pueblo, Pueblo to Crevase
and numerous branch lines. |.) | .
Underlies—$8,335,000 D. & R. G. Impt. 5s:
of 1928; $33,778,000 D. & R. G. 1st & Ref. 5s of
1955, which latter provides for the retirement of
Seen and $10,000,000 D. & R. G. Adj. 7s of
1982. be on.
Legal for Cal. and Mo. . J
Listed on the New York and Philadelphia
Stock Exchanges.
. Market. oe
New York—Coffin & Co., L. M. Prince & Co.,
Bull & Eldredge, F. J. Lisman & Co., Korn,
Lehman & Co., Folsom & Adams, E. Bunge & Co.,
McGeorge & ‘Vanderhoef, Simon Borg & Co.,.
Beyer & Co., Rauscher & Childress, Seasongood
& Haas.'
Baltimore—Jenkins, Whedbee & Poe.
(THE) DENVER & RIO GRANDE RAILROAD
CO. ist & Ref. 5s. Due Aug. 1, 1955.—F.
Dated. August 1, 1908.' Interest payable
Feb. ‘and Aug. 1, at Bankers’ Trust Co., New
York, and at Berlin.
Authorized—$150,000,000.
Outstanding—$33,617,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal only, or fully regis-
terable. * :
Registered °$1,000, $5,000, $10,000 and mul-
tiples of $10,000. | Registered bonds may be
exchanged for $1,000 coupon_bonds.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole at 110 and’ interest
upon 90 days’ notice. : e
“Sinking Fund—Began Aug. 1, 1913. $120,000
annually on Aug. 1, to be applied to the redemp-
tion ‘or’ purchase of these bonds or underlying
bonds at not exceeding 105 and intérest. Bonds
of this issue so acquired shall be held alive
in Sinking Fund and interest thereon added to
Sinking Fund. Refunding bonds so acquired
may be exchanged for underlying bonds.. |
Secured by a first mortgage on (1) 130 miles
of branch lines in Colorado, a second mortgage
on (2) 297 miles of branches in Utah, subject
to prior liens at the rate of $22,100 and a third
mortgage on (4) 2,110 miles of road, including
all of the important lines of the company, from
Denver, Colo.,,to Ogden, Utah, and important
branches, subject to prior liens at the rate of
$32,000 per mile. These bonds are outstanding
on the road covered by a direct lien at the rate
of $11,900 per mile. Further secured by de-
posit $25,000,000 (entire issue) 2nd 5s and $50,-
000,000 of the $75,000,000 capital stock of the
Western Pac. Ry. Co., owning (3) 984 miles of
road extending from Salt Lake City, Utah, to
San Francisco, Cal., and branches, subject to a
prior lien of first-mortgage bonds at the rate of
$58,800 per mile.
Prior Liens—$79,112,000. These prior liens
are closed, except that the bonds of these issues
which are in the company’s treasury may be
sold.
Underlies—$10,000,000 Denver & Rio Grande
R,R, Adj. Inc. 7s of 1932.
‘Listed on the New York Stock Exchange.
Original Market—Offered Jan., 1909, by
William Salomon & Co., Blair & Co., and William
A. Read & Co., New York, at 92}4 and interest.
‘ Market.
Chicago—First Trust &'Savings Bank.
Boston—Adams & Co. — |
New York—L. M. Prince & Co., Adams & Co.,
Didrichsen & Co., McGeorge & Vanderhoef.
DENVER & RIO GRANDE RAILROAD CO.
Equip. Tr. 5s. Series ‘‘B.”” Due $75,000
248
+), Semi-annually on March and Sept. 1, to
- Sept. 1, 1917.—F.
|Dated September 1, 1907. Interest payable
earch and Sept. 1, at Guaranty Trust Co., New
ork.
Authorized—$1,500,000.
Retired—$1,125,000.
Outstanding—$37 5,000. ea
. Denomination—Coupon, $1,000. . -
ee Guarantee & Trust Co., New
ork. 4
Redeemable-at 101 and interest.
Secured by an equipment trust agreement on
1,000 steel gondola cars and 28 freight locomo-
tives, costing $1,790,700 of which the company,
paid $290,700 in cash.. ,
Original Market—Offered in 1907, by Blair &
Co., New York.
Market.
New York—Coggeshall & Hicks.
(THE) DENVER CITY TRAMWAY CO. Pur-
chase Money 5s. Due April 1, 1919.—F.
Dated April 1, 1899. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, §500 and ‘$1,000.
Registerable as to prneest,
Trustee—Central Trust Co., New York.
Organization—Incorporated in Colorado in
1902 and acquired all the street railway prop-
erties in Denver. And the entire capital stock
of the Denver Tramway Power Co. and the
Denver Tramway Terminals Co. ae
Control—In March 31, 1914, the property of
the Denver City Tramway Co., the Denver &
Northwestern Ry. Co., the Denver Tramway
Terminal Co. and Denver Tramway Power Co.
was taken over by the Denver Tramway Co.
(new company) and the entire capital stock
($9,000,000) of the latter company acquired by
the Denver & Northwestern Ry. Co.
Secured by a first mortgage on 103 miles of
street railway and second mortgage on 100 miles
including practically all of the street railways
in Denver, Col. Population Denver (1910),
218,381... Franchise affirmed by U. S. Circuit
Court to 1926. The company claims franchise
is perpetual. . :
Prior Lien—$1,167,000 Denver Consolidated
Tramway Cons. 5s of 1938, a closed mortgage
(see Ist, Ref. 5s). . é ee
Underlies—$11,172,000 1st & Ref. 5s of 1933,
which mortgage provides for the retirement of
this issue, $2,500,000 Denver Tramway Co.
Conv. 6s due April 1, 1919, and $980,000 Den-
ver & Northwestern 1st & Coll. Tr. 5s of 1932.
*Net Earnings, 12/31/13....... $1,555,480
Fixed charges.......... aM iterate 1,179,237
"This issues: ves. eerie esa 521,637
*Combined account.
‘ arket.
Denver—Gregg, Whitehead & Co., Interna-
tional Trust Co., Boettcher, Porter & Co., James
N. Wright & Co., Calvin, Bullock. & Co., Causey,
Foster & Co., E. M. Bosworth & Co.
New York—Tobey & Kirk, E. F. Hutton & Co.
L. F. Hepburn, Kirkpatrick & Lewis. .
Boston—L. Sherman Adams.
(THE) DENVER CITY TRAMWAY CO. Ist
& Ref. S. F. 5s. Due Nov. 1, 1933.—F.
Dated Nov. 1, 1908. Interest payable May
and Nov.-1, at Bankers’ Trust Co., New York,
or company’s office, Denver.
Authorized—$25,000,000. © sa
Outstanding—$11,123,000. f
Retired by Sinking Fnnd—$135,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. .
Trustee—Bankers’ Trust Co., New York.
: Redeemable at 105 and interest on any in-
terest date to and ineluding Nov. 1, 1923, and
249
as a whole only thereafter, except for sinking
fund at 10214 and interest. : j
Sinking Fund—Beginning Nov. 1, 1914, 1%
of outstanding bonds annually to and including
Nov. 1, 1923, and 2% annually thereafter. _The
company shall advertise for proposals for three
weeks prior to Aug. 24th once a week in New
York and Denver papers and shall purchase
bonds of ‘this issue at not exceeding redemption
price on Nov. 1. ;Jf not so purchasable bonds
are to be drawn by-lot on Aug. 24 and 60 days’
notice given of bonds drawn. |: . f ;
Organization and Control—See Purchase
Money 5s above.
Secured by a mortgage on 202 miles of street
railway track in Denver and vicinity. For
further details see Purchase Money 5s above.
Prior Liens—$1,167,000 Denver Consolidated
Tramways Co. Cons. 5s of 1933. and $2,000,000
P. M. 5s of 1919, both closed issues which this
mortgage provides to retire. «>
Underlies—$3;500,000 Denver ‘Tramway Co.
Conv. 6s due April 1, 1919, and Denver & North-
western Ry. lst & Coll. 5s of 1919.
Net Earnings—See P. M. 5s above.
Original Market—Offered in 1911 by Inter-
national Trust Co., Denver, E. W. Clark & Co.,
Philadelphia, etce., and Clark, Dodge & Co.,
New York, at 95 and interest.
Market. | «fi...
New York—Clark, Dodge & Co., R. F. Wester-
field, E. F. Hutton & Co., Kirkpatrick & Lewis.
Philadelphia—E. W. Clark & Co., Sweet,
Causey, Foster & Co. os
Denver—Gregg, Whitehead & Co., Calvin,
Bullock Co., International Trust Co., Jas. N.
Wright & Co., Boettcher, Porter & Co., W. C.
Packard, E. M. Bosworth & Co.
Baltimore—W. W. Lanahan & Co.
Albany—Horace L. Bell.
Providence—Providence Banking Co.
DENVER CONSOLIDATED TRAMWAY CO.
lst Cons. 5s. Due Oct. 1, 1933.—N..
Dated Oct. 1, 1893. Interest payable April
and Oct. 1, at Trustee’s office, and in Denver.
Authorized—$4,000,000.
Outstanding—$1,167,000 (Closed mortgage).
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Assumed by Denver’ Tramway Co.
.{ Control—Merged into Denver Tramway Co.,
all of whose stock is owned by :the Denver &
Northwestern Ry. Co. See P:iM. 5s-above. -
Secured by a first mortgage on about 100
miles of street railway in Denver, Col., including
the most important lines in the centre of the city.
Population of Denver, 1910, 213,381. Fran-
chise see P. M. 5s.
Underlies—$16,500,000 Denver City Tram-
way P. M. 5s of 1919 and lst & Ref. 5s
of 1933, which mortgage provides for the retire-
ment of this issue and bonds of successor com-
panies. : . 5 .
Net Earnings—See P. M. 5s above.
Listed on the New York Stock Exchange.
Market.
New York—E. F. Hutton & Co., Tobey &
Kirk, Gude, Winmill & Co.
Baltimore—Jenkins, Whedbee & Poe.
Denver—Gregg, Whitehead & Co., Interna-
tional Trust Co., Boettcher, Porter ‘& Co., Jas.
N. Wright & Co., W. C. Packard, Bosworth,
Antonides & Co., Causey, Foster & Co.
Philadelphia—E. W. Clark & Co.
DENVER GAS & ELECTRIC CO. Gen. (now
Ist) 5s. Due May 1, 1949.—F.
Dated May 1, 1903. Interest payable May
aad Mow: 1, at Henry L. Doherty & Co., New
ork,
Authorized—$8,000,000.
Outstanding—$6,774,900.
ol.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—$50,000 per annum to ten
bonds at 105 and interest, commenced April 1
ete.—See
Denver,
Guaranteed principal, interest and sinking
fund by Denver City Tramway Co. (now Denver
Tramway Co.) by endorsement.
Control—Absorbed’ March 31, 1914 by the
Denver Tramway Co. (new company).
‘Secured by a first mortgage on power plants
supplying power to street railways in. Denver,
sglinderties—s2, 500,000 Conv. 6s, due April,
Net rane (Den. Tram. Co.),
12/381 $1, ai 337
Fixed pice: 743.4
Original Market—First offered i *"Mac-
Donald, McCoy & Co., (now McCoy & Cor)
Chicago, at 103 -and interest.
250
Market.
Denver-—Gregg, Whitehead & oc Boettcher,
Porter & Co., Jas. N. Wright & Co,, Causey,
Foster & Co., es Bullock & Co., E. M. Bos
worth & Co., W, C. Packard.
goer York—Tobey & Kirk, E. F. Hutton &
Philadelphia—s. K. Phillips, Chas. T. Brown
& Co., Sweet, eee sg CURE & Co,
Chicago—McCoy &
(THE) DENVER TRAMWAY TERMINALS
CO. ist Serial 5s. Due $60,000 annually
Sept. 1, 1916, to Sept. 1, 1940.—F.
Dated September 1, 1910. Interest payable
March and ptember 1, at Bankers’ Trust Go. a5)
New York and in Denver.
“Authorized—$1,500,000.
Outstanding—$1, 333, 000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal.
Trustee—Bankers’ ‘Trust Co., New York.
Redeemable at 105 and interest as a whole
only on any interest date on 30 days’ notice.
Guaranteed_ principal and interest by the
Denver City Tramway Co. (now Denver Tram-
way Co.) by endorsement.
Assumed by the Denver Tramway Co.
Control—Absorbed March 31, 1914, by the
Denver ‘Tramway Co. (new company).
Secured: by a first mortgage on real estate
in the business district of Denver and improve-
ments thereon consisting of the main car barns,
office building, transfer stations and loops.
Underlies—$2,500,000 Denver Tramway Co.
Conv. 6s of 1919.
Earnings—See Denver City Tramway P. M.
6s.
‘Original Market—$1,315,000 offered in 1912,
by Clark, Dodge & Co. New. York, and Mont-
gomery, Clothier. & Tyler, Philadelphia, on
about a 54%, ‘basis. ae - sane an’
e
Denver—Gregg, Whitehead & £% Boettcher,
Porter & Co., Jas. N. Wright & Co., Causey,
Foster & Co., Calvin, Bullock & Co., BE. M.
Bosworth & Co., W. C: Packard.
é id York—E. Es Hutton & Co., Clark, Dodge
oO.
VEHE DENVER UNION STOCK YARD CO.
Ist 5s. Due Jan. 1, 1926.—
Dated July 2, 1906. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First Trust & Savings Bank, Chicago,
Secured by a first mortgage on 100 acres
of land two miles from the business center of
Denver, stock yard buildings and appurtenances
and two’ miles of railroad tracks, capacity of
yards 15,000 cattle, 25, in pony 40, ay ee
Net Earnings, 12/18/13...... ++ $144,269
Fixed charges, jnalding taxes. 5, 0
Original Market—$1,500,000 ciferea in 1908
at 96 and interest by Mason, Lewis & Co.
(now Lewis Bros. & Co., Boston) Chicago and
Philadelphia, and Kennett, Cowan & Co., Chi-
cago.
Market.
“1 Ghieaye—Riversd & Co., Babcock, Rushton &
o., A. E. Butler & Co., Hulburd, Warren &
Chandler, Ft. Dearborn Trust & Savings Bank.
Denver—Boettcher, Porter & Co., W.
Packard, Causey, Foster & Co., Calvin,’ Bullock
& Co., Gregg, Whitehead & Co., E. M. Bosworth
Co.
Boston—F. Ww. Mason & Co., Lewis Bros. &
wew York—J.' K. Rice, Js & Co., McGeorge
& Vanderhoef, F. H. Hatch & Co.
251
DENVER UNION WATER CO. Ist 5s. Dué
July t, 1914.— .
Dated ' Oct. 20, "1894. Interest payable Jan.
and July 1, at Fourth National Bank, New York,
and First_ National Bank, Denver.
‘Note—In view of franchise difficulties, it is
assumed that this issue will be in default July 1.
Authorized and Outstanding — $8,000,000.
Denomination—Coupon, $100, 00
$1,000. ' Registerable as to principal.
Trustee—New York Trust Co., New York.
Redeemable in lots of $500, 000 or over at 105
and interest on 60 days’ notice. Provision was
made for the retirement of the entire issue at par
between April 10, 1910, and April 9, 911, in case
the city purchased the property. '
Organization—Incorporated. in ‘Ooloesito in
1894. The company’s franchise has expired and
the city has refused to extend the franchise or
purchase the property. No agreement has been
teached with the city, but the company has con-
tinued to make necessary extensions. A protec-
tive committee has been formed with the New
York Trust Co., New York and International
Trust Co., Denver, as Depositaries.
~ Secured by a first mortgage on plant supplying
Denver with water. The company has for
some time been engaged in litigation with the
City of Denver in regard to its franchise rights.
Net Pee wate interest)
and
10/31/12 pee ceinet $981,612
Market. :
‘ New. York-—Burgess, Lang & Co., Tobey &
Kirk, Fred. H. ane & Co., Dick Bros. & Co.;
peer & ener, Dunbar & Cole-
man, L Hopbiin, 8. H. & F. W. Pelzer, J. K
Rice, Fe 0., E, Hutton & Co., John D.
ant & Co., Gude, ‘Winmill & Co.
_.Kansas, City—Orthwein, Matchette & Co.
“Denver—Gregg, Whitehead & Co., W. C.
Packard, Calvin, Bullock & Co., Jas. N. Wright
& Co., Boettcher,’ Porter & Co., Causey, Foster
& Co., E. M. Bosworth & Co.
Boston—F. W. Mason & Co., Hotchkin & Co.,
H., C.. Spiller & Cee, Burgess,” Lang & Co., L.
Sherman. Adams...
DES MOINES & CENTRAL IOWA ELECTRIC
CO. Sinking Fund 6s, Series ‘‘A.” Due
3 Sept. 1, 1937.—N. j
Dated Sept. 1, 1913. Interest payable March
and Sept. 1, at First National Bank, New York,
and at Trustee’s office.
. Authorized—$10,000,000.
Outstanding—$1, 180,0 100.
Denomination—Coupon, $500 and $1, 000.
Registerable as to principal.
‘Trustee-—Centra. ‘Trust Co., of Mlinois Chicago.
Redeemable. at 105 and interest at the option
of the company.
Sinking Fund—14%% per annum beginning
Sept., 1914, for the purchase or redemption of
these bonds at not over 105 and interest. -
Guaranteed principal, interest and sinking
fund by the Illinois Traction Co.
Organization and Control—The company owns
the subsidiary properties of the Illinois Traction
Co. in Iowa ‘and is controlled through stock
ownership by the Illinois Traction Co. -
Secured by a first lien on the property of the
Oskaloosa & Buxton Electrie Ry. Co., owning
234 miles of track between Oskaloosa and
Beacon, Ia.,-and on plants supplying electric
light and power to Colfax, Montezuma, New Val-
ley Junction, Prairie City and New Sharon, by
deposit, of' the entire stocks and bonds of: com-
panies owning said properties, anda lien on the
properties of the Des Moines Electric Co. and the
Oskaloosa Traction & Light Co. by deposit of
the entire capital stocks (except qualifying ghates)
of these companies and $226,000 Gen. 6s, due
1937° (total-' ouaftendine) of the Des Moines:
Electric Co. and $17,000 Gen. & Ref. 6s of
1937 (total outstanding) of -the Oskaloosa,
Traction & Light:.:Co.. Population served
125,000. Franchises in Des Moines are un-
limited ‘as to time and elsewhere; either expire
after maturity of bonds or are nearly coextensive
with the term of the bonds.
Prior. Liens--$1,969,000 Des Moines E! ectric
Co. Ist 5s of 1938.and $239,000 (closed) Osk.
Trac. -& Lt. Co. 1st 5s of 1923.
Net Earnings, 12/31/14......... wee erece
Bond interest..........-.00--005 71,557
Original Market—Offered 1913 by Bodell &
Co., Providence, R. I., Boston and Springfield,
Mass.
Market.
Providence—Bodell & Co.
Boston—Bodell .& Co. ,
Chicago—Elston, Clifford & Co.
DES MOINES & FORT aObGE R. R. CO. Ist
4s. Due Jan. 1, 193. —F.
See Map 70.
Dated January 1,1905. Interest payable Jan.
and July 1, at Central Trust Co., New ao
Authorized and Outstanding—$3,072,0
Denomination—Coupon, $1,000. Hee mule
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by the
Minneapolis & St. Louis R. R. Co. by endorse-
ment.
Control—Leased to the Minneapolis & St.
Louis R. R. Co. in 1905. Absorbed in 1915 by
the Minneapolis & St. Louis R. R. Co.
Secured by a first mortgage at about $22,300
per mile on (1) 138 miles of road from Ruthven to
Des Moines, Ia., and branch.
: Underlies—$19, 400,000 2d 5s and M. & St.
L. Ref. & Imp. 4s; Ref. & Ext. 5s and notes.
Listed on the New York and Amsterdam Stock
Exchanges.
Original Market—Offered in 1904, by Red-
mond & Co., and the Central Trust Co., New
York.
: Market.
New York—Fred H. Hatch & Co., Paterson &
Co., E. Bunge & Co., F. J. Lisman & Co., J. S.
Bache & Co. : ;
DES MOINES CITY RAILWAY Ref. 5s. Due
vo, April.1, 1921.—N.
‘Dated April.1, 1901.. Interest payable Apr.
and Oct. 1, at Harris, Forbes & Co., New York,
and Harris Trust & Savings Bank, Chicago.
Interest due April 1, rete in default.
Authorized—$3, 060,
Outstanding—$2, as. 000. ‘(Including $140,000
in treasury and $5,000 deposited against $4,000
prior liens).
Retired by Sinking Fund—$91,0
‘Denomination—Coupon, $1, ooo. :
as to principal.
Trustee—lIllinois Trust & Savings Bank and
‘Wm. H. Henkle,, Chicago.
Redeemable on any interest date at 106 and
interest.
Sinking Fund—$10, 000 per annum, 1906-10;
$15,000 1911-15 and $25,000 1915-20.
Organization and Control—Incorporated in
1893 as a_consolidation of street railway prop-
erties in Des Moines, Ia. The entire capital
stock is owned by N. W. Harris & Co., Chicago.
Due to the inability of the company to finance
itself, owing to franchise difficulties, interest was
defaulted.
Secured by a first mortgage on 50 miles and
second mortgage on 35 miles of street railway,
embracing the entire system in Des Moines, Ia.
Population, 1910, 86,368. Supreme Court of
Iowa, 1918, held that franchises had expired in
1898, and company has been granted two years
to secure extension or renewal of franchises, or
sell property.
Prior Liens—$471,000 6s.
ealsiopabile
Net Earnings, 12/31/14.......... $436,228
Interest, ete... 2... eee eee eee 223,845
Original Market—First offered by N. W.
Harris & Co., New York, Chicago and Boston.
Ma rket
‘ New York—Harris, Forbes, & Co., L..F. Hep-
urn.
. Boston—N.,W. Harris & Co., Pingree, Mc-
Kinney & Co., Hotchkin & Co.
Chicago—Harris Trust & Savings Bank, Ames,
Emerich & Co.
DES MOINES ELECTRIC 0; Ist S. F. 5s
Due Nov. 1, ae , .
Dated November 2 1908. “Interest - payable
May and Nov. 1, a Trustee’ 's office.
‘Authorized—$6, 000,000.-.... -
Outstanding—$1, 969, 000. :
Denomination—Coupon, $1,000..
as to principal.
Trustee—American Trust Co., Boston,
Redeemable at 105 and interest Nov. 1, 1914,
or on any interest date thereafter upon four weeks’
novice
Sinking eae % annually of outstanding
bonds from Noy. 1,.1914, to 1921; 114% from
1922 to 1930 and 2 % from 1931 to, 1937, inclusive,
to be applied to the purchase or redemption of
these bonds at not over 105 and interest. Bonds
so acquired to be cancelled.
Control—Entire capital stock is. owned by the
Des Moines & Central Iowa Electrie Co. and
deposited under its 6s of 1937. The latter com-
pany is controlled by the Illinois Traction Co.
Secured by a first mortgage on a plans supplying
electric light and power to Des Moines, Ia.
Population about 100,000.
: Net Earnings,D.M. & C.1a.12/31/14 a8) 856
Pniterest ise sivencncs sii whaueitaeaefierndaids 7,557
‘ Market.
New York—Blodget & Co., poe Rasmus &
Truesdale, ae kpanic & Lewi:
Boston—Geo. L. Ware, Walter S. Place, L.
Sherman Adams, Blodget & Co.
Providence—Miller & George.
Philadelphia—Geo. P. Bissell, Oscar R. Dare,
H. F. Bachman & Co., Wistar & Stokes. |
Chicago—Emery, Peek & Rockwood.
DES _ PLAINES VALLEY RAILWAY Ist 4s.
Due March I, 1947. -—F.
See Map 25.
Dated March 1 1912. Interest payable
March. 1 and Sept. 1, at C. & N. W. Ry. Co.’s
office, New York.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered, $1,000, $5,000
and $10,000. C. & R. interchangeable. *
ew
vor Sarmen!’ Loan & Trust Co.,
ork
nantes by the Chicago & Northwestern Ry.
1oConttol—Absorbed by the C. & N. W. Ry. in
Registerable
Secured by a first mortgage on (5) 20 miles of
double track from Northfield to Blodget, Il,
forming an outer belt line to the northwest of
Chicago, and constituting an important part of
the C. & N. W. Ry. Co.’s terminals in Chicago.
DES MOINES STREET RAILROAD CO. Ist 6s.
Due a28,000 annually Oct. 1, to 1919.—N.
Dated Oct. 1, 1889.- Interest payable April
and Oct. 1, at Trustee’s office.
Authorized —$600, 000.
Outstanding —$202,000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Assumed by Des Wiciaes City Ry. Co.
Control—Absorbed by.. Ds Moines City Ry.
oO.
252
Secured by a first mortgage on 23 miles of
street railway in Des Moines, Ia. Total mileage
of Des Moines City Ry. Co., 85 miles. Popu-
lation served, about 87,000. . Franchise (see Des
Moines_City Ry. above). 7
Underlies—$2,273,000 Des Moines City Ry.
Ref. bs. |
Net Earnings, 12/31/14 ~ $436,228
Interest... . 223,845
THIS ISSwe sys csscarissiierseey edad Se inevena 87,345
DES MOINES UNION RAILWAY CO. Ist 5s,
Due Nov. 1, 1917.—N.
Dated Nov. 1, 1887. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$800,000.
Outstanding— $671,000.
Denomination—Coupon, $1,000.
Trustee—Central. Trust Co., New York.
Guaranteed as to interest by lease to Wabash;
C., M. & St. P.; C. G. W.; C., B. & Q.; St. P.
& Des M. (Rock Island) and Minn. & St. L.
railroad companies.
Control—Leased to guarantor companies at
a rental equal to ond ool and fixed charges,
payable monthly on wheelage basis. P
Secured by a first mortgage on 5 miles of main
track, 14 miles of sidings, bridge over Des
Moines river, and 25 acres of land in Des Moines
Ia. Population, 1910, 86,368. Provides termi-
nal facilities for above-mentioned _companies.
Listed on the New York Stock Exchange.
Net Earnings, 6/30/13........... $152,000
Interest, etc..... fading si jen uuaiainca.avesnue _ 83,550
: M:
New York—F. J. Lisman & Co.
DETROIT & BAY CITY RAILROAD Ist 5s.
Due March 1, 1931.—N.
See Map 69.
Dated March 10, 1881. Interest payable
Coupon Bonds, March and Sept. 1, at Union
Trust Co., New York; Registered Bonds at Grand
Central Station, New York, March, June, Sept.
and Dec. 1.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or exchangeable for registered
bonds between March 1 and May 1, or between
September 1 and November 1. Registered,
$1,000, $5,000 and $10,000.
Trustee—Union Trust Co., New York. |
Organization and Control—The Detroit &
Bay City R. R.. was incorporated in Michigan
in 1881., All of the stock is.owned by the Michi-
gan Central R. R. Co., which is under contract
to operate the propery during the corporate
existence of the D. B. C. R. R. Co. By the
terms of this contract these bonds were issued
as the joint obligation of the two companies.
Secured by a first mortgage on (5) 170 miles of
road from Detroit to Saginaw and Bay City,
Mich., and branch. These bonds are outstanding
at the rate of $23,500 per mile. For further
details and earnings of Mich. Cent, R. R. Co.,
see Ist 3}4s above. :
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
inn., Mo., N. H., R. I. and Wis.
Market.
New York—Coffin & Co.,
Hartshorne & Battelle.
Boston—R. L. Day & Co.
DETROIT & FLINT RAILWAY CO. 1st Cons.
5s. Due August 1, 1921.—F.
Dated Aug. 1, 1901. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$1,400,000 (Mortgage closed
except for refunding).
Cancelled—$500,000.
Denomination—Coupon, $1,000.
as to principal. 4 :
Trustee—Equitable Trust Co., New York.
Blodget & Co.,
Registerable
253
Redeemable on any interest date’
interest.
Assumed by the Detroit United Ry. Co. These
bonds will be “assumed” by the City of Detroit
in the event of its acquiring the City lines of
the system as per the plan, now under con-
sideration. For further details, see Det. United
4s below.
Rep absorbed by the Detroit United
y-. Co.
Secured by first mortgage on 33: of ‘the 85
miles of street’ and interurban railway covered
by the lien of this mortgage and comprising a
small part of the street railway system in Detroit
with interurban extension to Flint, Mich., and
branch from Rochester to Romeo. Further
secured by deposit 1st Cons. 44s of the Detroit
United Ry. Co. par for par with the bonds of
this issue outstanding. A large part of the
road is:built on private right-of-way. Fran-
chises elsewhere run generally to 1929.
Prior Lien—$1,100,000 Det., Rochester, Ro-
meo & Lake Orion 1st 5s of 1920 for the retire-
ment of which bonds are reserved under this
mortgage.
Underlies—$14,555,000 Detroit United Ry.
1st Cons. 434s of 1932, which mortgage pro-
vides for the retirement of this issue and $2,000,-
000 notes, secured in pare by the deposit of
$1,565,000 D. U. Consol. ve ,
12/31/14 $
at’ par and
Net Earnings, (D. U.) 3,811,072
Interest, (D. U.).......... dais 1,525,953
Interest, Controlled Companies 640,119
: Market.
Baltimore—Colston, Boyce & Co., Howard R.
Taylor & Co., Poe & Davies, Jenkins, Whedbee
& Poe, Riggs & McLane.
er pdelene——ensndler Bros. & Co., E. R. Bar-
nard.
New York—L. F. Hepburn & Co., Fred. H.
Hatch & Co., Bigelow & Co., Lawrence Barnum
& Co., R. B., Hathaway & Co., Leonard Snider
& Co., Kirkpatrick & Lewis. —
% Detro—Hayden, Stone & Co., W. A. Hamlin
0.
DETROIT & LAKE ST. CLAIR RAILWAY Ist
5s. Due April 1, 1920.—F.
Dated April 1, 1900. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$400,000.
Outstanding—$390,000 ($100,000 deposited as
part security for $2,000,000 Detroit United Ry
notes. e's .
Denomination-—Coupon, $1,000.
Trustee—Union Trust Co., Detroit. |
Guaranteed principal and interest by ‘Detroit
& Port Huron Shore Line Ry. Co., the Rapid Ry.
Co. and Detroit, Mt. Clemens & Marine City
Ry. Co.
Control—All stock owned by Detroit & Port
Huron Shore Line Ry. Co., all of whose stock is
owned by Detroit United Ry. Co.
Secured by a first mortgage on 25 miles of
electric railway between Detroit and Mt. Clem-
ens, Mich. Population served, exclusive of
Detroit, 13,000.
Net Earnings (D. & P. H. S. L. Ry. Co.)
T2/ BA 8 ies sciivege y cata iain hema n $
TCO OE Ls cca 0.55 cena Aeeuate an tae 133,550 |
For earnings of Detroit United Ry., see Detroit
& Flint 5s above. .
Market. j
‘e nee York—F. H. Hatch & Co., Leonard Snider
‘0. ; d
Detroit—W. A. Hamlin & Co.
Philadelphia—Oscar R. Dare.
DETROIT & MACKINAC RY. CO. Ist Lien 4s.
Due June 1, 1995.—F. .
See Map 101. 3 :
Dated May 1, 1895 | Interest. payable June
and Dee. 1, at J. P. Morgan & Co., New York.
Authorized—$1,500,000. ee
Outstanding—31,050,000.
Held in Treadtry $450,000,
Denomination—Coupon, $1,000.
as to principal. |, : ai fie gh ant
Trustee—Guaranty Trust Co., New York.’ |
Secured by a first mortgage,on (5) 415 miles of
road in Michigan (at $2,600 per mile) from Bay
City to Alpena, Cheboygan, etc., with branches
to, Prescott, Hillman, Au. Gres, etc.
Underlies—$1,250,000 Mortgage 4s of 1995.
Net Earnings, 6/30/14.......... $318,873
Interest on. bonds...... ods 2,000
This issue........ ecceniee) ate 42,000
Legal for Maine. Z
Listed on the New York Stock Exchange.
Market.
New York—Hartshorne & Picabia, R. B.
Hathaway. a
Registerable
DETROIT & MACKINAC RY. CO. Mtge. 4s.
Due June 1, 1995.—F.
See Map 101. é ,
Dated’ May 1, 1895. Interest payable June
and Dec. 1, at J. P. Morgan & Co., New York.
Authorized—$1,750,000 (reduced from $2,-
500,000). é
Outstanding—$1,250,000.
Held in Treasury—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
4 Redeemable at par and interest on any interest
ate. eau
Secured by a second mortgage at about $3,000
per mile on (5) 415 miles of road covered by the
‘irst Lien 4s.
Prior Liens—$1,050,000 First Lien 4s of 1995,
at about $2,555 per mile.
Net Earnings—See 1st L. 4s above.
Listed on the New York Stock Exchange.
Market.
New York—Gilman & Clucas, Hartshorne &
Picabia.
DETROIT & NORTHWESTERN RY. Ist 4s.
Due May 1, 1921.—F. |
_ Dated May 1, 1901. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$855,000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal.
Trustee—Union Trust Co., Detroit, Mich.
Redeemable on 60 days’ notice at 105 and
interest. oa
Assumed by Detroit United Ry. Co. These
-bonds will be ‘‘assumed” by the City of Detroit
in the event of its acquiring the city lines of the
system, as per the plan now under consideration.
aS further details, see Detroit United Ry. 44s
elow. | ‘ ;
Control—Absorbed by Detroit United Ry. Co.
Secured by a first mortgage on 60 miles of
interurban railway known as ‘‘Orchard Lake
Division” from Detroit to Pontiac and North-
ville, Mich. Population served, exclusive of
Detroit, about 25,000. More than one-half of
the line is on private right-of-way. Elsewhere
franchises run to 1927. :
Underlies—$14,555,000 Detroit United Ry.
1st Cons. 4348 of 1932 and $2,000,000 6% notes
due 1916. Bonds are reserved under 1st Cons.
mortgage to retire this issue.
Net Earnings, (D. U.) 12/31/14 $3,811,072
Interest, (D. U.) Wh ris ey 1,525,958
Interest, Controlled sompanies 640,107
arket.
Baltimore—Alexander Brown _& Sons, J. S.
Wilson, Jr., & Co., Jenkins, Whedbee & Poe,
Poe & Davies, Riggs & McLane. ;
‘ Peco Bay seey Stone & Co., W. A. Hamlin
o. >
254
DETROIT & PONTIAC RY. Ist 5s. Due Feb.
1, 1922.—F : . ie 3
’ .—F. :
‘Dated Feb. 1, 1897. ‘Interest payable Feb.
and Aug. 1, at Peoples’ State Bank, Detroit.
Authorized and Outstanding—-$500,000.
Denomination—Coupon, $1,000.' Registerable
as to principal. ‘- a at
Trustee—Washington Trust Co., New York. «'
Guaranteed principal and interest by Detroit
United Ry. Co. by endorsement. —
Assumed by the Detroit United et Co.
These bonds will be “assumed” by the City of
Detroit in the’ event of its acquiring the city
lines of the system, as per plan now under con-
sideration.- For details, see Detroit United
4s below. s . 4
Control—Absorbed by Detroit United Ry. Co.
Secured by a first mortgage on 3644 miles of
electric railway track known as “‘Detroit & Pon-
tiae Division,” from Detroit to Pontiac, Mich.
Population served, exclusive of Detroit, about
20,000. Practically entire road is built on pri-
vate right of way or has perpetual rights. The
mileage given includes double track for’ prac-
tically entire length of line. /
* Underlies—$600,000 1st Cons. 434s of 1926,
$14,555,000 Detroit United Ry. 1st Cons. 4}4s
of 1932; both mortgages provide to retire this
issue and $2,000,000 6% notes due 1916.
U. Ry. Co.
Net Earnings D.
TOS eas cdanrnevaanes $8,811,072
Interest (D. U.) 1,525,953
Controlled compani 640,119
Market.
New York—Kirkpatrick & Lewis.
Detroit—W. A. Hamlin & Co., W. H. Rose &
Co., First & Old Detroit Natl. Bank.
Baltimore—Jenkins, Whedbee & Poe, Riggs &
McLane.
DETROIT & PONTIAC RY. Ist Cons. 4)4s.
Due June 1, 1926.—F. —
Dated June 1, 1901. Interest payable June
and Dec. 1, at Peoples’ State Bank, Detroit.
Authorized—$1,100,000.
Outstanding—$600,000.
Denomination—Coupon and registered, $1,000.
Trustee— Washington Trust Co., New York.
Redeemable on 60 days’ notice at 105 and
interest.
Assumed by the Detroit United Ry. Co.
See 1st 414s above.
Control—Absorbed by Detroit United Ry. Co.
Secured by a second mortgage on 3634 miles
of electric railway track known as “Detroit &
Pontiac Division,” from Detroit to Pontiac,
Mich. Population served, exclusive of Detroit,
about 20,000, Mileage given includes double
track for entire length of line. Built on private
right of way or under perpetual rights.
Prior Liens—$500,000 Ist 5s of 1922 for the
retirement of which bonds are reserved under
this mortgage.
Underlies—$14,555,000 Detroit United Ry.
1st Cons. 434s of 1932, which mortgage provides
for the retirement of this issue and $2,000,000
6% notes due 1916,
Earnings—See 1st 44s above.
arket.
New York—Kirkpatrick & Lewis.
Baltimore—J. S. Wilson, Jr., & Co., Jenkins,
Whedbee & Poe, Poe & Davies.
_Detroit—W. E. Moss & Co., W. H. Rose & Co.,
Hist & Old Detroit Natl. Bank, W. A. Hamlin
30.
DETROIT & PORT HURON SHORE LINE
RAILWAY CO. Ist 5s. Due Jan. 1, 1950.
Tax free in Michigan.
Dated Jan. 1, 1900. Interest payable Jan.
and July 1, at the American Exchange National
Bank, New York, or Trustge’s office. y
Authorized—$2,500,000.
Outstanding—$1,897,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Detroit.
_ Organization—Incorporated in New Jersey
in 1900 and acquired practically the entire cap-
ital stock of the following companies: ) .De-
troit, Mt. Clemens & Marine City Ry. Co., Port
Huron, St. Clair & Marine City Ry. Co. City
Electric Ry. Co. of Port Huron, Rapid R. R.
Co. of Detroit, and Rapid Ry. Co. of Detroit;
(2) Also owns the entire capital stock of the
Detroit & Lake St. Clair Ry. Co., owning 1834
miles of road on which there are outstanding
$390,000 1st 5s due 1920.
Control—Entire ae as stock owned by the
Detroit United Ry. Co. and road operated by
that company.
Secured by a mortgage executed jointly by
the Detroit & Port Huron Shore Line Ry. Co.
and the subsidiary companies mentioned in
“Organization” above under class ‘‘1’”’ and is a
direct first mortgage on over 95 miles of street
and interurban railway embracing the street
railway systems in Mt. Clemens and Port Huron
and including line between these two cities and
a second mortgage on over 18}4 miles compris-
ing mostly interurban line between Detroit and
Mt. Clemens. Total mileage covered by this
mortgage 114. Total mileage controlled over
1382. Over 80% of the line is on private right
of way and constitutes the Rapid Railway. Di-
vision of the Detroit United Ry. Co. Franchises
in Mt. Clemens expire in 1920, 1928 and 1924;
Port Huron in 1929, and St. Clair City in 1930;
the balance of the road with unimportant ex-
ceptions is on private right of way.
Prior Liens—$600,000 Rapid Ry. Co. 1st 5s
and ist Cons. 5s and $3,000 Pt. H., St. C. &
M..City Ry. Co. All closed mortgages and are
to be retired on or before May 1, 1916.
Net Earnings, 12/31/13..........
Interest...... 620s eee e eee ene
For earnings of Detroit United System for
1914 see Detroit & Pontiac 1st 414s above.
Listed on the Cleveland Stock Exchange.
Original Market—First offered by the Union
Trust Co., Detroit, and the Cleveland Trust Co.,
Cleveland., $908,000 offered April, 1914, by
Eversz & Co., Chicago and First National Bank,
Detroit, at 921% and interest.
Market.
Detroit—First & Old Detroit National Bank,
Union Trust Co., H. W. Noble &.Co., W. E.
Moss & Co., W. A. Hamlin & Ca. .
Chicago—Eversz & Co. __
Cleveland—Cleveland Trust Co., Borton &
Borton. ;
New York—F. H. Hatch & Co., McGeorge &
Vanderhoef, C. D. Barney & Co., Ernest Smith,
Leonard Snider & Co., Kirkpatrick & Lewis,
Dewing & Co.
Boston—F. W. Mason & Co., L. Sherman
Adams.
DETROIT & SUBURBAN GAS CO. Ist 5s.
Due Dec. 1, 1928.—F. x
Dated December 1, 1908: Interest payable
June and Dec. 1, at First National Bank, New
York, or Trustee’s office.
Authorized— $2,000,000.
Outstanding—$930,000.
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Citizens Savings & Trust Co., Cleve-
land, Ohio. i
Redeemable at 103 and interest on any interest
date.
Control—Acquired August, 1918, by the De-
troit City Gas Co., which company is controlled
by the American Light & Traction Co. through
ownership of 97% of its capital stock.
Secured by a first mortgage on plant supply-
‘ing gas to the 18th Ward of Detroit, the city of
Registerable
256
Wyandotte and the villages of Ford, Ecorse and
River Rouge, Mich. 7
Original Market—Offered in 1909 by Baker,
Ayling & Co., Boston, at 95 and interest.
Market.
Philadelphia—Geo. N. Fleming, Cassatt & Co.,
Osear R. Dare & Co.,.S. K. Phillips, Reed &
Huntoon.
Cincinnati— Rudolph Kleybolte & Co.
Boston—Baker, Ayling Co., H. L. Nason
& Co., L. Sherman Adams, Hotehkin & Co., F.
W. Mason & Co. .
New York—F. H. Hatch & Co., Bigelow & Co.,
Didrichsen & Co., Williams, Dunbar & Coleman,
John W. Christiansen, Lamarche & Coady,
White & Co., J. H. Howell & Co., Ernest Smith,
Leonard Snider & Co., H. G. Einstein & Co.,
John D. Curtis & Co.
Detroit—W. A. Hamlin & Co., W. H. Rose &
0.
Providence—Richardson & Clark.
New Haven—Clifford E. Smith.
DETROIT & TOLEDO SHORE LINE RAIL-
ROAD CO. Ist 4s. Due Jan. 1, 1953.—F.
See Map 127. ;
Dated January 1, 1903. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$3,000,000. .
Outstanding—$2,918,000.
Denomination—Coupon, $1,000.
as to, principal or fully registerable.
Trustee—Bankers’ Trust Co., New York.
Guaranteed principal and interest, jointly and
severally, by the Grand Trunk Western Ry. Co.,
and the Toledo, St. Louis & Western R. R. Co.,
by endorsement.
Control—The entire $1,428,000 capital stock
is owned by the guarantor companies.
Secured by a first mortgage on (8) 48 miles of
road from Toledo to the suburbs of Detroit,
The property covered includes also 20 miles of
second track and sidings. The company has
trackage rights of 31 miles of the Toledo Ry. &
Terminal Co. These bonds are outstanding
at the rate of $61,000 per mile.
Net Earnings, 6/30/14.......... $353,611
Interest......-.2 50005 Fscenceees. 112,520
Legal for Me., Mich Minn., N. J. and Wis.
arket.
New York—Miller & Co., Wm. A. C. Ewen,
F. J. Lisman & Co., Berdell Bros., R. B.
Hathaway & Co., L. F. Hepburn.
Chicago—Hulburd, Warren & Chandler.
Philadelphia—Chas. T. Brown & Co.
Boston—Hotchkin & Co.
Detroit—H. W. Noble & Co.
DETROIT, BAY CITY & WESTERN RAIL-
ROAD ist 5s. Due Oct. 1, 1932.—F.
Tax exempt in Michigan.
Dated Oct. 1, 1912. Interest payable April
and Oct. 1, at Detroit Trust Co., or at Trustee’s.
Authorized—$1,250,000.
Outstanding—$460,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable on and prior to Oct. 1, 1922, at
par and interest, thereafter at 105 and interest.
Sinking Fund—1917-22, 1% per annum of all
bonds outstanding, 1923-27, 2%, and 1928 to
maturity, 3%.
Secured by first mortgage at $5,900 per mile,
on 51 miles of railroad from Bay City to Snoon,
and is projected to Port Huron, all in Michigan.
Net Earnings, 6/30/14......... «++ $67,470
Interest..........ee eee teeeeees 20,818
. Original Market—First offered by National
City Bank and Chapman, Mills & Co., both of
Chicago, at 94 and interest in Nov., 1912
Market.
Chicago—National
Mills & Co.
Registerable
Registerable
City Bank, Chapman,
DETROIT CITY GAS CO. 25- Year 5s.
Jan. 1, 1923.—F.
Dated January 1, 1898.
and July 1, at New Yori.
Authorized—$6,000,000.
Outstanding—$5, 620, 000. :
Denomination—Coupon, $1, 000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 110 and interest on six weeks’
notice.
Organization and Control—See Gen. 5s below.
Secured by practically a first lien on plants
supplying gas to Detroit,’ Mich., by deposit of
$500,000 first mortgage bonds and $500,000 sec-
ond mortgage (entire issues) bonds of the Mu-
tual Gas Co., $1,000,000 (entire- issue) first
mortgage bonds of the old Detroit City Gas Co.,
and $1,624,000 of 82, 000,000 Cons. 5s of 1918 of
the Detroit Gas Co.
Prior Liens $375, 000 Detroit Gas Co. Cons.
1st 5s of 1918, for the retirement of which $381,-
000 bonds of this issue have been reserved.
Underlies—$1,710,000 Detroit City Gas Co.
Gen. 5s of 1923, which mortgage provides for
the retirement of this issue.
Listed on the New York Stock Exchange.
Original Market—Offered in 1898 by Emerson,
McMillan & Co., New York, and C. D. Barney
& Co., Philadelphia, at par and interest.
Due
ineorsnt payable Jan.
Registerable
Market.
nose L. Nason & Co., A. B. Leach &
Co., Wm. ‘Read & Co.
Benoit. Ww.
‘Noble & Co., W. E. Moss &
Co., Security Trust Co., W. H. Rose & Co.,
eet & Old Detroit Natl. Bank, W. A.
‘O: ;
New York—Bigelow & Co., Farson, Son & Co.,
. Leach & Co.,'F. H. Hatch & Co., Newborg
L, As Norton, Tobey & Kirk, ‘Dewing &
Co., R. B. Hathaway & Co., Kirkpatrick & Lewis.
okticazo—A. B. Leach & Co., Wm. A. Read &
0. i y
Hamlin
DETROIT CITY GAS CO. Gen. 5s. Due
$100,000 annually July 1 to 1922 and
the balance Fuly 1, 1923.—F.
Dated July 1,1903. Interest payable Jan. and
July 1, at Emerson, McMillan & Co., 40 Wall St,
New York.
Authorized—$10, 000,000.
Outstenstiog 710, 000.
Retired—$200,0 00.
Denomination —Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable—Bonds due 1914 to 1922 are
redeemable at par and interest and those due
1923 at 105 and interest. If bonds of earlier
maturity than 1923 are called holder may take
new bonds due 1923. _
Organization and Control —Incorporated in
Michigan in 1898 and has acquired all the gas
properties in Detroit and vicinity. Controlled
by the American Light & Traction Co., through
oMDETSBID of 97% of capital stock.
Secured by a mortgage on plants supplying
gas to Detroit and suburbs. Population served
over 500,000. Franchise runs to 1923.
Prior Liens—$5,620,000 5s of 1923 and $375,-
000 Cons. 5s of 1918 for the retirement of both
issues, bonds are reserved under this mortgage.
Original! Market—First offered by Emerson,
ae & Co., at par and interes in Aug.,
arket.
Ee York—Coffin & Co., Curtis & Sanger, F.
B Hatch & Co., Farson, Son & Co., Kirkpatrick
& Lewis, Dewing & Co., R. B. Hathaway, &
Co., J. H. Howell & Co.
Detroi it—H. W. Noble & Co., W. E. Moss..&
Co., First, & Old Detroit National Bank, Union
Trust Co., W. A. Hamlin & Co.
Boston_—H. L. Nason & Co., Hayden, Stone
& Co.
Chicago—Wnm. A. Read & Co.
(THE) DETROIT EDISON COMPANY lst
& Coll. Tr. 30-Year 5s. Due Jan. 1, 1933.
—F.
Dated January 28, 1903. Interest payable
Jan. and July 1, at North American Co., 30 Broad
Street, New York.
Authorized and “Outstanding—$10, 000, 000.
Denomination—Coupon, $1,000. Registerable
as'to principal. +
Trusteé—Guaranty Trust Co., New York.
Organization and Control—Incorporated in
New York in 1903 and acquired the stocks and
bonds of a number of companies owning electric
light and power properties in and around Detroit
Mich., and including the entire capital stock
of the Eastern Michigan Edison ‘Co., whose bonds
it guarantees. Controlled through stock owner-
ship by the North American Co.
Secured by a first lien on the plants supplying
all electricity in Detroit and vicinity, by deposit
of practically all the capital’ stock and entire
outstanding issues of Debenture Bonds of the
Edison Illuminating Co. and the Peninsular
Electric Light 'Co.' Further secured by deposit’
of $725,000 (entire issue) 1st 5s of 1929 of the
Central Heating Co., owning a steam heating
plant in Detroit. Population served about
500,000. cer cyl extend to 1946.
Underlies—$6, 000,000 Debentures.
Net Earnings, 12/31/1 A aca icscehated cm 821,563 °
dnberestsccasian 4 scree
THis I88UC occas sca eie e peers 678, 122
Listed on the New York Stock Exchange.
Original Market—Offered in 1903 by Spencer
Trask & Co., New York, at par and interest.
Market.
New York—Low, Dixon & Co., Spencer Trask -
& Co., Harris, Forbes & Co., Berdell Bros.,
Blodget & Co., Coffin & Co., Paterson & Co.,
Lamarche & Coady, L. A. Norton, Rauscher &
Childress, ‘Tobey & Kirk, Kirkpatrick & Patna
John D. Curtis & Co., Gude, Winmill & Co.,
R. B. Hathaway & Co., Perry, Coffin & Burr.
’ Utica— Avery Horton.
Chicago—Ames, Emerich & Co., Harris Trust
& Savings Bank, Spencer Trask & Co., Paine,
Webber & Co.
Detroit—First & Old Detroit National Bank,
H. W. Noble & Co., W. E. Moss & Co., W. H.
Rose & Co., W. A. Hamlin & Co.
St. Louis—Bowman, Cost & Co.
Boston per: Coffin & Burr, Hornblower &
Weeks,'\N. W. Harris & Co., L. Sherman Adams,
W. L. Raymond & Co., F. B. Bassett & Co.,
White, Weld & Co., Paine, Webber & Co. -
Providence—Brown, Lisle & Marshall, W. W.
White & Co., Hornblower & Weeks.
Milwaukee—Edgar, Ricker & Co:
DETROIT EDISON CO. 10-Year Conv. Deb.
6s. Due Feb. 1, 1924.—N.
Dated Feb. 1, 1914. Interest payable Feb.
and ae 1, at North American Co., 30 Broad
St., N
‘Authorized—$6, 000,000.
Outstanding—$3,. 354, 000. Balance issued un-
der date of Jan. 15, 1915.
Denomiination—Coupon, $100 and $1,000.
Registerable as to principal.
Redeemable at 105 and interest on or after
Feb. 1, 1919, on 60 days’ notice, but may be
converted into stock at any time before date
named for redemption.
Convertible into capital stock at par between
Feb. 1, 1916, and Feb. 1, 1922. This stock
teceives 7% per annum in dividends.
Security—A direct obligation of the company
but not secured hy any mortgage.
Earnings—See 1st & Coll. 5s above.
Original Market—Offered to stockholders
payable either in tull Jan. 31, 1914, or 50% on
tei date, 25% May 1, 1914’ and 25% Aug. 1,
256
: Market. :
New York-—Spencer pres & Co., Jackson &
Curtis, F. S. Smithers & Co.
Detroit—Security Trust Co.
Boston—Adams & Co., Jackson & Curtis,
Richardson, Hill & Co., F. B. Bassett & Co.,
Paine, Webber & Co., Jas. A. Hutchinson & Co.,
L. Sherman Adams.
Pe ae oe = Co.
icago—Paine, Webber & Co.
: Pp
DETROIT EDISON Pr Conv. Deb. 6s,
January 15, 1925
Dated January 15, ‘1915.
January 15 and June "15.
Authorised —¥h 000,000. Of which $3,354,600
dated February 1 , 1914, Ro have been issued.
Outstanding—$2 645,
DE $100 and $1,000,
$1,000 bonds registerable as to principal only.
Redeemable on January 15, 1920, or any time
thereafter at 105 and interest.
Convertible from Jan. 15, 1917 to Jan. 15, 1923
into stock of the Company, par for par. Holders
of these bonds are entitled to the same rights to
subscribe to any new stock as they would have
if they held stock of the same par value.
Security—A direct pels of the Company
but not secured by a mortg :
Prior Lien-—$10,000,000 ot & Coll. Tr...5s.
Due
Interest payable
There are also outstanding $3,477,600 other
debentures. -
Net Earnings,, 12/31/13 wai 68 . $2,824,361
Interest: i 3 canis.is-8 ees ae Sa 695,70:
Original Market—Underwritten by a syndi-
ene composed of F. S. Smithers & €o. -» and
Bpeurer, Trask & Co, of New York and Security
tust Co., Detroit, and offered at par and
interest in November, 1914,
(THE) DETROIT ELECTRIC RAILWAY Ist
Cons. 5s. Due June 1, 1916.—
’ Dated August 3, 1896. Interest payable June
and December 1, at Seaboard National Bank,
New York, or at Trustee’s office.
‘Authorized—$2, 800,000. ..:
Outstanding—$1 000, 000..
Denomination—Coupon, $1, 000. Registerable
as to principal or fully registerable. :
Trustee—Cleveland Trust Co., Cleveland,
Ohio.
Assumed by the Detroit United Ry. These
bonds will be ‘‘assumed” by the City of Detroit
in the event of its acquiring the city lines of the
system as per the plan now under consideration.
oe further details see Detroit United Ry. 414s
elow.
Organization and Control—Incorporated in
Michigan in 1896 and acquired the property. of
the Detroit Ry. Co. Absorbed in 1900 by the
Detroit United Ry. Co.
Secured by a mortgage on 62 Miles of street
railway track. in Detroit and constituting an
important part of the street railway system of
that city. Franchises run to December, 1924
Prior Lien—$1,700,000 Detroit Ry. 1st 5s,
due $50,000 annually to 1924 for the retire-
ment o which bonds are reserved under this
mortga
Underlies—$14, 555,000 Detroit United Ry.
Ist Cons. 44s of 1932 , Which mortgage pro-
ie for the retirement of this issue and $2,000,-
notes,
Net Earnings (D. U.), 12/31/14. $3,811,072
Interest, D. U....... 0. eee ee eee 1,526,956:
Interest Controlled Co.’s....... | 40,119
Listed on the Cleveland, Cincinnati and
Montreal Stock Exchanges.
arket.
Baltimore—Poe & Davies. .
peeroie Hayden, Stone. & Co., W. A. Hamlin
O.
Buffalo—John T. Steel.
New York—Dewing & Co., C. D. Barney & Co.
DETROIT, FORT WAYNE & BELLE ISLE
RAILWAY Ist 5s, Due April 1, 1928.—F.
Dated April 1, 1898. Interest payable April
and Oct. 1, at Kean, Taylor & Co., New York.
Authorized and Outstanding—$1,200,000.
Denomination—Coupon and registered, $1,000.
Trustee—New York Trust Co., New York.
Redeemable on 60 days’ notice at 105 and
interest. :
Assumed by Detroit. United Ry. Co. These
bonds will be ‘‘assumed’”’ by the City of Detroit
in the event of its acquiring the city lines of the
system as per plan now under consideration.
For details see Detroit United 4 4s below. «
Control—Absorbed by Detroit United Ry. Co.
Secured by a first mortgage on 25 miles of
electric railway, largely on private nant of way.
Underlies—$14,555,000 Detroit, United Ry.
Co. 1st Cons. 4348 of 1932 and $2,000,000 Coll.
Notes due 1916.
Barnings—See Det. El. Ry. 1st Cons. 5s, 1916,
above
Listed on the Cleveland Stock Exchange.
Original Market—First offered by Kean, Van
Cortland & Co. (now Kean, Taylor & Co., New
York.
Market.
New York—Kean, Taylor & Co
Albany—John J. Hart.
Detroit—W. A. Hamlin & Co.
DEE CO. Cons. 5s.
Dated July 1, 1903. Interest
and August 1, at Trustee’s office.
Authorized—$4, 000,000.
Outstanding—$375, 000 ($1,619,000 exchanged
for Detroit City Gas Co. bonds and deposited
under that company’s mortgage).
Denomination—Coupon and registered, $1,000.
.Trustee—Guaranty Trust Co., New York.
Control—Absorbed by Detroit City Gas Co.,
which is controlled. through stock ownership
by American Light & Traction Co.
Secured by a first mortgage on plant supply-
ing a large part of Detroit with gas. Franchise
runs to 1923. .
Underlies—$5, 620,000 Detroit City Gas Co.
bs ole 1923 and $1, 810, 000 Gen. 5s, due serially
0
Listed on the New York Stock Exchange.
arket.
New York—R. B. Hathaway & Co.
Detroit—First & Old Detroit National Bank.
DETROIT, GRAND HAVEN & MILWAUKEE
RAILWAY 1st Equip. 6s. Due Nov. 14,
1918.—N.
Dated Nov. 14, 1878. Interest payable April
and Oct. 1, at National Bank of Commerce.
Authorized—$2, 000.
Outstanding—$2, 000, ‘000 ($31,000 owned by
Grand Trunk Ry. Co.
~ Denomination—Coupon, $1,000.
Guaranteed principal and interest by Grand
Trunk Ry. of Canada.
Control—See Cons. 6s below.
Secured by a first lien on the equipment of the
company.
Earnings—See Cons. 6s below
arket.
New York—F. J. Lisman & Co., Simon Borg
& Co., Wood, Struthers & Co., R. B. Hathaway
& Co., Coggeshall & Hicks.
DETROIT, GRAND HAVEN & MILWAUKEE
RAILWAY Cons. 6s. Due Nov. 15, 1918.
—F.
Dated Nov. 15, 1878. Interest. payable April
and Oct. 1, at National Bank of Commerce, New
York and in Lenton.
Authorized—$3,200,
Outstanding—$3. 200, 000 ($347,100 owned by
Grand Trunk Ry. Co.)..
Due Feb. 1,
payable Feb.
257
Denomination—Coupon, and
_ $200, . $500
000.6. 00+
Guaranteed principal and: interes by Grand
Trunk Ry. Co. of Canada.
Control-Entire $1, 500,000 stock is owned by
Grand Trunk Ry. Co. |
Secured by a first Torteaee on 189 miles of
road from Detroit to Grand Haven, Michigan.
Grand Haven is on Lake Michigan, directly
opposite Milwaukee, Wis.
Deficit after taxes, etc., 6/30/ 14. SS G08
Interest iis abla phi mee ee inate anette 371,770
__ Market. i
New York—Effingham Lawrence & Co.,
Elijah Woodward & Co., F. J. Lisman & Co.,
Simon Borg & Co.
Chicago—Hulburd, Warren & Chandler.
Montreal—Hanson Bros.
DETROIT, GRAND RAPIDS & WESTERN
RAILROAD CO. Ist Cons. (now Ist) 4s.
Due aa 1, 1946.—F.
See Map 100
Dated January 1, 1897. Interest pagakle
April and Oct. 1, at Second National Bank,
Boston, Mass. and J. P. Morgan & Co., New
York. Coupon fae Pate 1, 1918, 1 in default.
Authorized—$6,
Ontranie ies ore 000 (Closed mortgage).
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Old Colony Trust Co., Boston.
Depositary—Old Colony Trust Co., Boston.
Control—Purchased by Pere Marquette R. R.
Co. in hands of receivers since April, 1912.
Secured by a first mortgage on (3) 387 miles of
road in Michigan, including line from’ West
Detroit to Grand Rapids, 147 miles, Paines to
Belding, 101 miles, Grand Ledge to Big Rapids,
93 miles and branches.
Underlies—$2,000,000 Receivers’ Certificates,
$8,382,000 Pere Marquette R. R. Co. Cons. 4s
of 1951, $10,106,000 Ref. 4s of 1956, and $16,-.
000,000 Imp. & Ref. 5s of 1961. All of which
issues are in default. The last mentioned bonds
were sold at auction for $6,400,000 March, 1913,
to a committee representing holders of Coll:
notes secured thereby.’
.Listed on-the Boston Stock Exchange.
Market.
New York—Wnm. A. C. Ewen, Wolff & Stanley,
Curtis & Sanger, Fred. H. Hatch & Co., Knauth,
Nachod & Kuhne, Bigelow & Co., Redmond &
Co., Coffin & Co., Pouch & Co., Samuel Gold-
schmidt.
Boston—Hotchkin & Co., L. Sherman Adams.
DETROIT, JACKSON & CHICAGO EAE AN
Ist Cons. 58. Due Feb. 1, 1937.—F.
Dated Feb. 1, 1907. Interest payable Feb.
and Aug. 1, at Bankers’ Trust Co., New York
and at Trustee’s eae.
Authorized—$4,000,000.
Outstanding—$1, 400,000. $520,000 deposited
as part security for $2, 600, ,000 notes.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Security Trust Co., Detroit, Mich.
Redeemable on any interest date at 105 and
interest.
Guaranteed as to principal and interest by the
Detroit United Ry. Co.
Organization and Control—Incorporated in
Michigan, in 1907 in the interest of the Detroit
United Ry. Co. to take over the Jackson, Ann
Arbor & Detroit Ry., the Detroit, Plymouth &
Barnwile Ry. and the Detroit, Ypsilanti, Ann
Arbor & Jackson Ry. Co., paying $1,280,000.
The entire capital stock of the company ($25, 000)
is owned by the Detroit United Ry. Co. and the
road operated by that company. B
Secured by a mortgage on 108 miles of electric
railway track of which 100 miles are main line,
from Detroit to Ypsilanti, Ann Arbor and Jack-
258
son, Mich., and branches. - Line from Ann Arbor
to Jackson, 40 miles, on private right of way.
Franchise on remaining portion expires: in 1927,
but company is acquiring private right of ‘way
for entire line. Population served, exclusive of
Detroit, 82,000. —
Prior Liens—$600, 000 ' 1st 6s of 1917. and
$1,610,000 Det., Yps., Ann Ar. & Jack. 1st
Cons. 5s of 1926, $330, 000° Det., Yps. & Ann
Ar. Cons. 68 of 1924 and $60,000 Yps. & Saline
1st 6s of 1919. onds are reserved under the
Cons. 5s of 1926 to retire these prior liens and
bonds are also reserved under this issue to retire
all prior issues.’
Net Earnings, 6/30/12........... $145,880
Interest............+4- 198,900
For ‘Earnings Det. United Ry. 414s see Cons,
44s below.
Market.
New York—Bigelow & Co.
Chicago—Wollenberger & Co.
DETROIT, MONROE & TOLEDO SHORT
LINE Ist 5s. Due Jan. 1, 1933.—
Dated Jan. 1, 1903. Interest payable Jan.
and July 1, at Trustee’s office
Authorized and Outstanding—$3, 000,000.
" Deniomination—Coupon, $1,000. Registerable
as to principal. - -
Trustee—Union Trust Co., Detroit.
Control—Entire $2,581,000: apital stock was
acquired by the Detroit United Ry. Co. in Feb.,
1906 and the road operated by that company.
Secured by a first mortgage on 54 ‘miles of
electric railway between Detroit, Micn.,. and
Toledo, Ohio, with branch from “Monroe to Lake
Erie. Total track 77 miles. Population served
(1910), Detroit, 465,766; Toledo, 168,497; inter-
mediate territory, ‘about 40,000. ' Entire line
rivate right of way.
” arnings—~See Detroit United Ry. Co.
Original Market—$457,000 offered Jan., 1914,
by the First National Bank, Detroit, at a price
to yield 5.30%. ee a
et.
Detroit—H. W. Noble & Co., W. E. Moss &
Co., First & Old Detroit National Bank, W. H.
Rose ‘&Co., '‘W. A. Hamlin & Co.
Chicago—Eversz & Co., Hulburd, Warren &
Chandler.
New York—Dewing & Co.
DETROIT RAILWAY CO. Ist 5s.
to Dec. 1, 1924, inclusive.—F.
Dated Dec. 1, 1895. Interest payable June 1
and Dec. 1, at Trustee’s office and Seaboard
National Bank, New York.
Authorized—$1, 800,000. ° i
Outstanding—$1, 650, 000 (balance retired).
Denomination—Coupon, $1,000. Registerable
as to principal or fully registered.
Bonds numbered 1-600 mature annually in
order of numbers at $50,000 per annum, beginning
pee. of 1912. Balance ($600,000) mature Dec.
i f
Trustee—Cleveland Trust Co.,
Ohio.
Assumed by the Detroit United Ry. Co.
These bonds will be “assumed” by the City of
Detroit in the event of its acquiring the city
lines of the system as per plan now under con-
sideration.. For ‘further details see’ Detroit
United Ry. 44s below.
® Seales Why the Detroit United
y- Co.
Secured by a first mortgage on 56 miles of
street railway in Detroit. Franchise has expired.
For further particulars see Detroit United Ry.
1st Cons. below.
Underlies—$1,100, 000 ‘Detroit Electric’ Ry.
Cons. 5s of 1916, $14, 555,000: ‘Detroit United
Ry. Co. ist Cons. 4s 1932 and $2,000,000 Notes.
Bonds are reserved under the consolidated mort-
gage to retire bonds of this issue‘as they mature.
Due annually
Cleveland,
Earnings—See Detroit United Ry. 414s below.
Listed.on the Cleveland and Cincinnati Stock
Exchanges. ‘
Original Market—First offered by Cleveland
Trust Co., Cleveland, Ohio.
Market. ;
Chicago—Eversz & Co., Hulburd, Warren &
Chandler. :
Detroit—W. E. Moss & Co., Hayden, Stone
& Co., W. A. Hamlin & Co.
New York—L. F. Hepburn, Dewing & Co.
Buffalo—John T. Steel. :
DETROIT RIVER TUNNEL COMPANY—De-
troit Term. & Tunnel Ist 4144s. Due May
1, 1961.—F,. ‘
See Map 69.
Dated May 1, .1911.: Interest payable May
and Nov. 1, at Grand Central Station, New York.
Authorized—$30,000,000.
Outstanding—$18,000,000.
Denomination—Coupon, $1,000.
as to principal or fully registerable. Registered,
$1,000, $5,000.and $10,000. C..& R. inter-
changeable. ;
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and interest by the
Michigan Central R. R. Co. by endorsement.
_ Control—The entire $3,000,000 seurtal stock
is owned by the Michigan Central R. R. Co.
and property is leased to that company for 999
years, a
Secured by a first lien on a (6) double tube
under Detroit River, from Detroit to Windsor,
Registerable
Can., electrical equipment and valuable terminal.
property, including 2134 acres of land in the
City of Detroit and Union passenger station and
office building. The tunnel. is an integral part
of the main line of the Michigan Central R. R.
between Buffalo and Chicago.
Listed on the New York Stock Exchange.
Legal for.N. H. and R. I. .
Original Market—Underwritten, $14,000,000
in 1911, by J. P. Morgan & Co., First National
Bank, and National. City Bank, New York.
$1,550,000 offered in 1914 by White, Weld. &
Co., New York, Chicago and Boston. $2,000,000
sold April, 1914, by J. P. Morgan & Co., Wm.
A. Read & Co. and White, Weld & Co.
Market.. - :
New York—Guaranty Trust Co., Spencer
Trask & Co., White, Weld & Co., Hartshorne &
Picabia, National City Bank, F. H. Hatch &
Co., J. §.. Bache & Co., Lee,. Higginson & Co.
Philadelphia— Montgomery, Clothier & Tyler...
Boston—Paine, Webber & Co., Edgerly &
Crocker. mate
Chicago—N. W. Halsey & Ca., Hulburd,
Warren & Chandler, White, Weld & Co., Harris,
Winthrop & Co., Paine, Webber & Co.
DETROIT, ROCHESTER, ROMEO & LAKE
ORION RAILROAD CO. Ist 5s. Due
June 1, 1920.—F. .
Dated June 1, 1900. Interest payable June 1
and Dec. 1, at Trustee’s office and Guaranty
Trust .Co., New York. _ :
Authorized—$1,500,000..
Outstanding—$1,100,000.
Cancelled—$400,000._
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. i
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. att
, Assumed by the Detroit United Ry. Co.
These bonds will be ‘‘assumed’’ by. the City of
Detroit in the event: of its acquiring the city
lines of the system, as per plan now under con-
sideration. For further details see Det. United
Consol. 44s below. . :
Control—Absorbed by Detroit United Ry. Co.
Secured by a. first mortgage on 82 miles of
interurban railway from Detroit via Rochester
to Romeo, and from Rochester to Flint. Further
secured by deposit of $1,100,000 Detroit United
Ry. Deb. Age . 80% of road outside of cities
is on private right of way. Franchises elsewhere
run to.1929.. - ‘ _ 5
yi
Underlies—$1,400,000' Detroit & Flin y
Co. Cons. 5s of 1921 and $14,568,000 Detroit
United Ry. Co. Ist Cons. 4}4s of 1932, which
provide to retire this issue and $2,000,000 6%
notes due 1916.
Net Earnings (D. U.), 12/31/14. $3,811,072
INGOrestnyisi eco vecavee es « 1,525,963
- 640,119
Legal for Me., Mich. wks
Original Market—$600,000 offered in Nov.,
1900, at par and interest by C. H. White & Co.,
New York.
.. Market.
Philadelphia—Samuel K. Phillips, E. R.
Barnard, Oscar R. Dare, Barclay, Moore & Co.
Detroit—W. E. Moss & Co., Hayden, Stone
& Co., W. H. Rose & Co., W. A. Hamlin & Co.
o New York—Bigelow & Co., Leonard Snider &
0.
Baltimore—Jenkins, Whedbee & Poe; Poe &
Davies, Howard. R. Taylor & Co., J. S. Wilson,
Jr., & Co., Sutton & Co. a"
Wheeling—Geo. W. Baron.
DETROIT UNITED RAILWAY CO. Ist Cons.
444s. Due Jan. 1, 1932.—F.
Dated Jan. 1, 1902. Interest payable Jan.
and July 1, at Bank of Montreal, New York, etc.
Authorized—$25,000,000.
Outstanding—$14,555,000.
Deposited as part security for notes, $1,565,000.
Denomination—Coupon, $1,000. Registerable
as to principal. |
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
Organization—Incorporated in Michigan Dee.
1900 and took over the franchises and property
of the Detroit Citizens’ Street Ry. Co., Detroit
Electric Ry. Co., Detroit, Ft. Wayne & Bell Isle
Ry. Co. and the Detroit Suburban Ry. Co.
embracing practically all the street railway lines
in the city, of Detroit... Also acquired by pur-
chase the properties of the Detroit & North-
western Ry. Co. (Orchard Lake Div.), the
Detroit & Pontiac Ry. Co. (Pontiac Div.), the
Wyandotte & Detroit River Ry. Co. (Wyan-
dotte Div.), and the Detroit & Flint Ry. Co.,
formerly the_ Detroit, Rochester, Romeo
Lake Orion Ry.; (Flint Div.). Also owns the
entire capital stocks of the Detroit & Port Huron
Shore Line. Ry. Co,, (Rapid Ry. Div.), Sand-
wich Windsor & Ambhersthurg Ry., Detroit,
Monroe, Toledo Short Line Ry. Co. and the
Detroit Jackson & Chicago Ry. Co.
Since 19
09, when many of its important fran-
chises expired, the company and the city have
been endeavoring to come to some agreement
for the future operation of the company. In
1915 the city submitted a proposition to the
company, .whereby the city would ‘‘assume”
the $24,900,000 bonds, which are a direct obli-
gation of the Detroit United Ry. Co. in payment
for the 222 miles of road operated by the com-
pany within the city limits. The directors of
the company have appro this plan, and it
was submitted to the stockholders who ap-,
proved on March 31. There will doubtless be
some delay, even if the proposition is approved
by the stockholders, as there will have to be
some amendments to the city charter, and also
other enabling legislation. ‘ i
Secured bya mortgage on about 430 miles of
street and interurban railway track. Total
track owned and controlled as of Dec. 31, 1913,
802 miles. Population served, Detroit over
500,000 and remaining territory. 700,000. Some
of the important franchises in the City of Detroit
have expired and the company is operating under
a temporary agreement with the city. In April
259
1913 the ‘citizens: voted for the adoption of an
ordinance authorizing the city to acquire the
property by ' condemnation roceedings. No
action has been taken under this ordinance.
Prior Liens—$10,345,000 bonds of absorbed
companies. © '
Net Earnings, 12/81/14....... $3,811,072
_ Interest, D. U.....02.... ‘ 1,525,953
Interest Controlled Go. Bigecsniacene "640, 7119
Listed on the New York, Cincinnati ‘and
Amsterdam Stock .Exchang es.
Original Market—Offered ‘in 1902 by E. H.
Gay & Co., Boston and Riggs & . Hopper, Balti-
more | ‘at 97% and interest. =~
Market. ©
” New York—Newborg & Co., E. & C. Ran-
dolph, Bigelow & Co., Berdell Bros., E. Bunge
Bdon +, Keech, Lowe & Co., F. H. Hatch & Cee
L. A. Norton, Rauscher & Childress,'Tobey &
Kirk, R. B. Hathaway & Co., John. D. Curtis &
Co., L. M. Prince & Co., Gude, Winmill & Co.
Detroit—Hayden, Stone & Co., W.'A. Ham-
lin & Co.
Philadelphia—Henry & West
Baltimore—J. 8. Wilson, Jr., & Co., Sutton &
Co., Poe & Davies, Townsend, Scott & Son, B:
Warren Corkran & Co.
Albany—John J. Hart.
Montreal—Hanson Bros.
.Cincinnati—Rudolph, Kleybolte & Co.
DETROIT ‘UNITED RAILWAY Collateral 6%
Notes. Due Feb. 5, 1916.—N.
.Dated Feb. 5, 1914. Interest payable Feb.
and August 5.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon. Registerable as to
principal.
“Trustee—Cleveland Trust Co., Cleveland. .
Redeemable at. 102 and interest on 30 ‘days’
notice.
Note—No provision is made for these notes
in the proposed plan for the sale of the city lines
of the company to the City of Detroit.
Secured by a first lien on the following col-
lateral: $1,565,000 Detroit United Ry. Consol.
414s, 1982; $520,000 Detroit, Jackson’ & Chi-
cago: Ry. 1st Consol. 5s, 1937; $100,000 Detroit
& Lake St. Clair Ry. ist’ bs, 1920; $2,571,000
Detroit, Monroe & Toledo Shore Line Ry. ‘atock
(received 6% in 1918); $1,890,000 Detroit &
Port Huron Shore Line Ry. common stock (re-
ceived 5% in 1918); $100,000 Detroit & Port
Boris a ey Line Ry. preferred: stock ‘(received
in ‘
Ohcinat’ Morket—First offered i in 1914 by Wm.
A. Read & Co., New Von Boston, ete.
Market.
Boston—Wm. A. Read & Co.
(THE) DETROIT, YPSILANTI & ANN ARBOR
‘RAILWAY 1st 6s. Due Nov. 1, 1917.—F.
Dated Nov. 1, 1897. Interest payable May
and Nov. 1, at Truster’ 's office
Authorized and Outstanding —$600,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Union Trust Co., Detroit.
Assumed by Detroit, Jackson & Chicago Ry.
Co.
Gonleal = Mheities by Detroit, Jackson &
Chicago Ry., all of whose stock is owned by the
Detroit United Ry. Co.
Secured by a first mortgage on 48 miles of
electric railway from Springwells, just outside
of Detroit, to Ypsilanti and Ann Arbor, and
a second on 6-mile branch from Ypsilanti to
Saline, all in Michigan and including street
tailway system in Ann Arbor. Franchises, which
are not perpetual, expire in 1927, but company
is reported to be acquiring new private right of
way. Population served, not including Detroit,
about 30,000.
Underlies—$830,000 1st Cons. 6s of 1924,
$1,400,000 Detroit, Jackson & Chicago Ry. Co.
1st Cons. 58 of 1937, $1,610,000 Det., Yps.
A. Ar. & Jackson Ry. ist Cons. 5s of 1926,
under which mortgages provision is made for
the ire repeal of this issue. The Detroit, Jack-
son & Chicago 1st Cons. oe are guaranteed by
the Detroit United Ry. C
Net Earnings (D., J. & C. .. 6/30/12 ataee 880
Interest on Bonds..............+ 198,900
’ For 1914 Earnings of pet United Ry. sys-
tem, see 1st Consol. 4 4s above.
Market.
Detroit—H. W. Noble & Co., T. S. Sprague,
W. E. Moss & Co., First & Old Detroit National
Bank, W. A. Hamlin & Co.
’ Chicago—Eversz & Co. .
New York—Kirkpatrick & Lewis.
(THE) DETROIT, YPSILANTI & ANN ARBOR
RAILWAY Ist Cons. 6s. Due Feb. 1, 1924.—F,
Dated Feb. 1, 1899. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$330, 000. é
Denomination—Coupon, $500 and $1, 000. at
Trustee—Union Trust Co., Detroit. *
Sinking Fund—Annually. |
Control—See 1st 5s above.
Secured by a mortgage on road covered by
1st 5s, and junior to the liens of that mortgage,
which see above.
Prior Lien—$600,000 1st 5s of 1917 for the
_ Tetirement oe which bonds are reserved under.
this mortgage.
“Underlies—$3, 010, 000 5s for details see 1st 5s
above.
Earnings—See 1st 68 ahowa,
: arket. :
Detroit—H. W. Noble & Co., W. E. Moss & Co.
W. A. Hamlin: & Co.
Chicago—Hornblower & Weeks.
DETROIT, YPSILANTI, ANN. ARBOR &
‘JACKSON RAILWAY ist Cons. 5s. Due
Feb. 1, 1926.—F.
Dated Feb. 1, 1901. Interest: payable Feb.
and Aug. 1, at Detroit Trust Co. °
Authorized—$2,600,000.
Outstanding—$1, 610, 000. 5
Denomination—Coupon, $500 and $1,000:
Registerable as to principal.
Trustee—Union Trust Co., Detroit.
oe ‘by Detroit, Jackson & Chicago
*Control—Absorbed by Detroit, Jackson &
Chicago Ry. Co., all of whose stock is owned
by Detroit United Ry. Co. !
Secured by a first mortgage on about 54 miles
of track on private right of way from Ann Arbor
to Jackson, Mich., and a mortgage on 54 miles
from Detroit to Ann Arbor, with branch. Fran-
chises, which are not perpetual, expire in 1927,
but it is reported that the company has acquired
40 miles of private right: of way. Population
served, exclusive of Detroit, about 76,000.
‘Prior Liens—$990,000 Detroit, Ypsilanti: &
Ann Arbor Ry. Ist 6s of 1917, and ist Cons. 63
of 1924 for the retirement of which bonds are
reserved under this issue.
Underlies—$1,400,000 Detroit, Jackson &
Chicago Ry. Co. 1st ‘Cons. 5s of 1987, guaranteed
by the Detroit United Ry. Co. and under which
mortgage bonds are reserved to retire this issue.
- Earnings—See 1st 6s above.
Original Market—First offered by Russell,
Whitcomb & Co., New York and Baltimore, at
par and interest in Sept., oe:
Market.
New York—Bigelow & Co., F. H. Hatch &
Co., Hornblower Weeks, R. B. Hathaway &
0.
“Wr Noble & Co. & Co., W. E. Moss & Co.,
H. W. Noble & Co., Hayden, Stone & Co., W. H.
Rose & Go., W . A. Hamlin & Co.
Chicago—Huiburd, Warren & Chandler, A. E.
260
Fitkin & Co., Yard, Otis & Taylor, Eversz &
ae ay cileuber sar & Co. .; HE. F. Parr & Co., C, F.
Co., A. L. Baker & Co. 7
Boston —t Sherman Adams, ‘Sollers, Phillips
0.
DEXTER & NEWPORT RAILROAD CO. Ist
4s. Due Sept. 1, 1917.—N.
See Map 10.
Dated Sept. 1; 1897. Interest’ payable "March
and Sept. 1, at "First National Bank, Portland,
Me., Second National Bank, Boston, National
Park Bank, New York, or Treasurer’s office,
Portland.
Authorized and Outstandi fone 000.
Denomination—Coupon, $1,00
Trustee—Portland Trust ae e ortlay Me.
Guaranteed panceal and. interest by the
Maine Central R. Co. by endorsement.
. Control—Leased ty Maine Central R. R.
‘for 999 years.
Secured by a first mortgage on (10) 14 miles of
road from Newport to Dexter, Me. These bonds
are outstanding at $12,500 per mile.
Legal for Cal., Conn., Fla., Me., Mass., Meh
Minn., N. H., N. J., N. Y., R. I. and Wis
‘arket.
Boston—Lee, Higginson & Co.
New York—Lee, Higginson & Co.
DEXTER & PISCATAQUIS eae co:
1st 4s. ar July 1, 1929.—.
See Map it
Dated uly 1, 1889. . Interest payable Jan.
and July: 1, at Trustee’s office.
Authorized and. Outstanding—$175, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Boston. Safe Deposit & Trust Co.,
Boston.
Guaranteed principal and interest by the
Maine Central R. R.
Control—Leased for. 999 years by the Maine
‘Central R. R.
. Secured by a first mortgage at about $10,600
per mile on (11) 17 miles of road from Dexter to
‘oxcroft, Me. :';
Legal for Cal, *Gonn., es Me., Mass., Mich.,
Minn., N. H., N. J., N. Y., R. 1. and Wis.
# arket.
Boston—Lee, coe cae & Co., Perry, Coffin &
Burr, R. L. Day &
(THE) DIAMOND MATCH COMPANY 10-
Year Conv. Deb. 6s. Due Dec. 15, 1920.
oF, -
Dated December 15, 1910. Interest payable
June and Dec. 15, at First National Bank,
New York and at Chicago.
Authorized—$2,000,000.
Outstanding—$1,: 295, 700 aes mortgage).
Converted ae. Stock —$90,60
Retired—$613,700.
Deree insted COnptt: $100, $500,
$1,000
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable at 102 % and interest on Dec. 15,
1915, or on any interest date thereafter, but one-
sixth of outstanding bonds must be retired
annually, beginning Dec. 15, 1915. -
Convertible into the stock of the company at
par on or any time before Dec. 15, 1915.
‘Organization—Incorporated ‘in Illinois in
1889 and has match factories at Oshkosh, Wis.,
Chico, Cal., Oswego, N. Y. and Barberton, oO.
Also plants manufacturing lumber and lumber
roducts in Massachusetts, Maine and Cali-
ornia. Owns timber lands and has selling
branches in important centers. Also has interest
in companies in Great Britain and Peru. ey
Security—A direct obligation of the company
but not secured by a mortgage. No mortgage
and
261
‘Ane and
Aylmer, Ont
can be placed on the real pr epervy oft of the company
until these debentures have been paid.
_ Net Karalngs after interest,
© MO/BV/IAG so irocas cacao toe $1,872,166
Listed’on the Chicago Stock "Exchange.
Original Market-—Offered in 1911 by the
Continental & Commercial Trust & Seen Bank,
Chicago, at 108 and interest.
Market.
Shleege pees Rushton & Co., W. H.
Colvin & Co., Bversz & Co., Curtis & Sanger.
New York-—Babcock, Rushton & Co., J. A.
Clark & Co., Gude, Winmill & Co. f
DISTILLERS SECURITIES CORPORATION
ree Tr. 25-Year Conv. 5s. Due April 1,
. Dated ‘Sey tember 16, 1902. Interest payable
: et. 1, at Bankers’ ALE UB, Co., New
York..
Authorized—$16, 000,000.
Outstanding—$14, 086, 236.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers Trust Co., New York.
Registerable
Redeemable at 105 and interest on any interest
‘date on four weeks’ notice.
Conversion privilege expired Oct. 1, 1912.
Organization—Incorporated in New Jersey in
1902 as successor of the Distilling Co. of America
which company owns the capital stock of the
‘American Spirits Mfg. Co., ares Distilleries
& . Warehouse Con Standard Distilling & Dis-
tributing Co., Hannis Distilling: Co.,.Henry H.
Shufeldt-& Co., Peoria Malting Co. and $6,001,-
000 of the $12,000,000 common stock of the
United States Industrial Alcohol Co. and guaran-
tees 7% dividend on $6,000,000 preferred stock
of that company.
Secured by deposit of 95 % of the $30,776,606
outstanding preferred stock and 98 % of the $45,-
994,720 outstanding common stock of the Dis-
tilling Co. of America. An additional stock is
acquired and is to be peas hereunder.
.Net Income, 6/30/14.......... $2, 279,225
Fixed Charges, etc............ 684, 3459
Listed on the New hee Bioee Exchange.
ar’
New York—Gude, Winmilt & Co.
DOMINION CANNERS, LTD. Ist S.. F. 6s.
Due April 1, 1940.—
Dated April 1, 1910. Interest payable Al ril 1
‘and Oct. 1, at Bank of Montreal, New York
Hamilton, Toronto, Etontreal aad London, Eng.
Authorized—-$2,500
Outstanding—$1, O10 000.
-Retired by Sinking Fund—$59, 000.
Cancelled—$500,000.
Denomination—Coupon, $100 $500,
$1,000. Registerable as to principal. :
Trustee—Royal Trust Co., Montreal.
Redeemable at 110 and interest for sinking
fund only from April 1, 1913, to 1920, but after
that date are callable as a whole or in part at same
Price.
Sinking Fund—Began April 1, 1918, and
annually thereafter ‘114% of bonds’ ou.s.anding,
pas amount equal to interest on bonds redeemed.
£ bonds cannot be purchased in the open market
at 110 or less they are to be retired by lot, at 110
and interest.
Organization—Incorporated under the Cana-
dian Companies Act in 1910. The company’s
output is over 90% of the canned ° fruits and
vegetables in Canada. ,
Secured bya first mortgage on about. 50
canning plants, a lithographing factory and on
the plant of the Aylmer ondensed) Milk Co. at
$830, 852
Interest cciyas vas unen x cx
‘ oe
Listed on the Toronto Stoc xchan;
Original Market—$700, 000 offered i910, by
and
Net earl 12/31/14. sae
C. Meredith & Co., and SNe Bond Co.,
Montreal, at, par and interest. -
Market. .
Montreal—Dominion Bond Co., Ltd., C. E.
Meredith & Co., Ltd., MeCuaig Bros. & Co,
Toronto—A. E. ‘Ames & Co., Goldman & Co.
DOMINION COAL COMPANY, LTD. Ist S. F.
5s. Due May 1, 1940.—F.
‘| Dated May 1, 1905. Interest payable May
and Nov. 1, at New England Trust Co., Boston,
or Trustee’s office.
Authorized—$7,000,
Outstanding—$6, B40, 500 (Closed mortgage).
Retired by Sinking Fund—$439, 500.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—The Royal Trust Co.,
Canada. -
Redeemable at 105 and interest, for sinking
fund, on May 1 of any year, or as a whole, on 30
days’ notice.
‘Sinking Fund—The company shall pay to the
Trustee each year $460,600. From this amount
the Trustee is to pay interest on the outstanding
bonds, and place the balance of the amount to
the credit of the sinking fund. The Trustee,
prior to. May 1 of. each year, is to draw for
redemption at 105 and accrued interest 'the num-
ber of ‘bonds which the sinking fund is sufficient
to pay. Bonds drawn for the sinking fund are to
be ‘cancelled. -
Organization—Incorporated in Nova Scotia,
Canada in 1893. Coal’ properties are on Cape
Breton Island and Docksat Sydney and Louis-
burg. The company has contracts with the
New England Gas & Coke Co. and the Dominion
Iron & Steel Co.
Secured by a first mortgage on valuable coal
properties estimated to contain about 1,400,-
000,000 tons of ‘coal, together with 8: collieries
(annual capacity 4, 000, 000 tons), 120 miles of
railroad, 6" steamers and other marine equip-
ment, also on dock property. The output of
coal for. year ending March 31, 1913, totalled
5,053,160 tons.
Underlies—$3, 500,000 Ine. 6s.
Net Feareings, Dom. Steel Corp.
Montreal,
3/81/14... cee eee ee eee $4,442,032
Interest 1,575,994 |
i 1/011;212
1,940,931
Listed on the Boston, Toronto and Montreal
Stock Exchanges.
Original Market—First offered in 1905 by Lee,
Higginson & Co., New York, Boston Bank of
Montreal and Canadian Bank of Commerce,
Montreal, New aan ae at 99 and interest. -
et.
“New York—Lee, Higginson & Co., Blodget &
‘Con S. L. Snowden. :
Montreal—Royal ' Securities Corp., Ltd., Mc-
Cuaig Bros. & Co.
Boston—Lee,: Higginson & Co., L. Sherman
Adams, Hotchkin & Co.
DOMINION COTTON MILLS CO. Currency
Debenture 6s. Due July 1, 1922.—F.
Dated July 1, 1902.
‘uly 2...
Authorized—$3, 700,000.
Outstanding—$2,674,000. .- -
Held in Treasury —$46, 000. .
Denomination—Coupon, $500 and $1,000.
Trustee—Royal Trust Co., Montreal, Canada.
Redeemable as a whole on any interest date
at 110 and interest.
'. Control—Over 90% of stock owned by Dom-
inion Textile Co.(deposited under that companys
6s), which leases company’s plant.
Secured upon the mills, plants, water power,
aoa etc. of company, subject to $979,000 Ast
8.
Interest payable Jan. and
ans pene i Dom. Tex.
bee kere iP iewleanayeun. bt agahns acey 9 BD8,SOL
Tetereitos oes bk retracts eae « 205,978
Listed a the Montreal ‘Stock Exchange. :
arket.
Montreal—Dominion Bond Co., tds Royal
Securities Corp., Ltd., McCuaig Bros. & Co., C.
Meredith & Co., W. Graham 1 Brown & Co.
DOMINION IRON & STEEL CO., Ltd., 1st 5s.
Due July 1, 1929,—
Dated July 1, "1899, Interest payable Jan. and
July 1, at Bank of Mortreal, Montreal.
Authorized—$38,000, nod
Outstanding—$6, 997 :000
Retired by Sinking Fund—$1, 003,000
Denomination—Coupon, $1,0
Trustee—National Trust ie Montreal.
Redeemable at 110 and interest on any lst
day of July.
Sinking Fund—Annually commencing July 1,
1902, $50,000, plus interest on bonds redeemed.
Control—Practicall y the entire $20,000,000
hea stock is owned by the Dominion Steel
orp.
Secured by a first mortgage on plants located
at Sydney and Cape Breton, N. S8., comprising
four blast furnaces, an open-hearth plant billet
mill, blooming mill, rod mill and rail mill, with
annual capacity of 400,000 tons of finished
eel.
- ‘Gnderlies $7,724, 860 Cons. 5s of 1939 and
$3,500,000 Inc. 6s. The consolidated mortgage
provides for the retirement of this issue.
' Net Earnings, 3/31/12.. . $1,885,074
Charges, depreciation, ete 1,233,805
Listed on the Toronto and Montreal Stock
Exchanges.
Market.
Montreal—Royal Securities Corp., Ltd., Me-
Cuaig Bros. & Co., Canada Securities Corp., Ltd.
‘New York—Slattery & Co. © -
DOMINION IRON & STEEL. co. Cons. 58.
Due Sept. 1, 1939.—N.
’ Dated ae 1, 1909. Interest payable March
‘and Sept. 1, at Bank of Montreal; Montreal, or
Guaranty Trust Co., New York.
Authorized—$20,000,000. x ee
Outstanding—$7, 724, 860. + 5 ua
Retired by Sinking Fund—$13.
Denomination—Coupon, £100, oor £500:and
their dollar equivalents’ (exchange $4.86 2/3
per £). Registerable as to principal.
Trustee—National Trust Co., Litd., Montreal.
Redeemable at 105 and interest on any interest
date or annually for sinking fund, commencing
Oct. 15, 1915.
Sinking Fund—Annually 1% of bonds issued.
Control—Dominion Steel Corporation, see 1st
5s above.
Secured by a mortgage on the company’s
property mostly located at Sydney, Cape Breton,
Can., subject to $7,100,000 1st 5% bonds of
1929. A large amount of these bonds are owned
by the Dominion Steel na pporation and pledged
(£734,000) under the latter 6% Notes. For
further details see 1st 5s above. |
Prior Liens——$7,100,000 1st 5s of 1929, for the
retirement of which bonds are reserved under
this mortgage.
Underlies—$3,500,000 Income 6s.
Listed on the Montreal and Toronto Stock
Exchanges. :
Original Market—First offered July, 1909
at 93 and: interest by the Dominion Securities
Corp., Ltd., Montreal.
Market.
Montreal—Dominion Securities Corp.,
Cuaig Bros. & Co.
DOMINION POWER & TRANSMISSION CO.,
LTD,. 1st 5s. Due $43,000 annually April
> 1, 1915 through April 1, 1921: $86,000
Me-
262
. April:1, 01922 through April 1, 1931 and
$3,096,000 April 1,1932.—N.
Dated April 1, 1907. Interest ao Paves April
1 and Oct. 1, at Harris. eS avings Bank
Chicago, Harris, Forbes & Co., New York, and
. W. Harris & Co., Inc., Boston.
“authorizéd——$25, He 000.
Outstanding $4, 757,000.
Retired—$43,
Denomination—Coupon, $1,000.
as to principal.
Trustee—Harris Trust & Savings Bank,
Chicago.
x reaeer aye as a whole at 10714 on and after
D:
Maturities—$1, 000’ of each $100,000 outstand-
ing bonds are due annually from April 1, 1914 to
1921, inclusive, $2,000, 1922 to 1931, inclusive,
and the remainder on "April 1, 1932.
Organization—Incorporated in Canada in
1907 and controls through stock ownership all
the electric light and power. properties in Hamil-
ton, Ont., St. Catherines and intermediate towns
and the street. railway system in Hamilton and
interurban lines extending from that city.
Secnred by a lien by deposit of stocks and
bonds of subsidiary companies on hydro-electric
plant of 56,600 h. p. transmission lines and dis-
tributing systems ‘supplying Hamilton, Brant-
ford, St. Catherines and other towns with electric
light and power, also on street railway system in
Hamilton, embracing 25 miles of track and 83
miles of interurban lines.’
Prior Liens—$4,058,000 bonds of subsidiary
companies and’ including Hamilton, Cataract,
tower, Light & Traction Co. Ist & Ref. 6s of
Net Earnings, 12/31/14 $1, pub, 106
Anterest ois i siees sa iawn ccc
‘Original Market—First . offered by ee,
Forbes & Co., New York, N. W. Harris & Co.,
Boston and Harris Trust & Savings Bank,
Chicago.
Market.
New York—Harris, Forbes & Co., Slattery &
Co.,'’ Perry, Coffin & Burr, Berdell' ‘Bros. » S&S Le
Snowden, Gude, Winmill Co.
ken Ee Coffin & Burr., ny W. Harris
< & Co., W. L. Raymond & Co., F.'B. Bassett &
O. i p ;
Chicago—Harris Trust’ & Savings Bank. _
‘_Montreal—Nesbitt, ‘Thompson & Co., J. A.
Mackay & Co., Ltd., N..W. Harris & Co. :
Toronto—A. E. Ames & Co.
Halifax—H. M. Bradford.
Registerable
DOMINION STEEL: CORPORATION, LTD.,
. §-Year Coll. 6% Notes. Due Dec. 1, 1918.
Dated Dee. 1,'1918. Interest ‘payable June
and Dec. 1, at Trustee’s office.
Authorized—£1,000,000.
Outstanding—£700,000.
- Denomination—Coupon, £100 and multiples.
Registerable as to principal.
Trustee—National Trust Co., Toronto.
Redeemable at par and interest.
Organization—Incorporated in 1910 in Canada
and has acquired practically the entire capital
stock of the Dominion Coal Co. and the Dominion
oe & Steel Co. and the Cumberland Ry. & Coal
Oo.
Secured. by deposit of £734,000 Dominion
Iron & Steel Co. Cons. 5s of 1939 and £200,000
Cumberland Ry. & Coal Co. 1st 5s. The balance
of notes are issuable on deposit of an additional
£220,600 cons. 5s and £179,400 1st 5s or after
redemption of £308,000 notes of this, . issue.
There are also outstanding $1,500,000 6%
Debentures.
Net Earnings, 3/31/14........ $4,442,032
Unterestss.asina < sevsitaace «eee 1,575,994
Sinking Funds, depreciation, ete .1,011,212
Dividends.,........... seveee 1,940,981
DOMINION TEXTILE CO., LTD. Serial Coll.
Tr. 6s. Due March 1, 1925.
Dated March 1, 1905. Interest payable March
and Sept. 1, at Trustee's office.
one 237, ee
Outstanding—Serie “an $748,775, Series
“BY” $1, pee nperies “Cc” "$1,000,000 and
Series ‘‘D’’ $347
Denomiartiocd -coupens $250, $500 and
$1,000.
Trustee—Royal Trust Co., Montreal.
Redeemable at any time, Series ‘‘A” at 110
and interest, Series ‘‘B’” at par and interest,
Series “‘C” and “‘D” at 105 and interest...
Organization—Incorporated -in Canada in
1905. to acquire the securities of the companies
mentioned below for which these ‘bonds: and
preferred stock were exchanged.
- Secured, Series “‘A’”’ by deposit of $8,033,600
(over 90% of entire issue) capital stock of the
Dominion Cotton Mills Co.; Series “‘B’’'by deposit
of $1,500,000 (entire) capital stock of the Mer-
chants Cotton Co.; Series ‘‘C’’ by deposit of
$1,000,000 cel stock of the. Montmorency
Cotton Mills Co., and Series “Dp” -by deposit
of $300,000 capital stock of the Colonial Blesening
& Printing Co.
coe Liens—Series ‘“‘A” $1,047,306 1st 414s
1916 and $2,624,000 ae és of 1922; Series
coe $450,000 1st 6s ‘of 192
Net Earnings, 3/31/14........ $1,270,325
Interest, rents, etc............ 770,312
Listed on the Montreal Stock Exchange.
rket,
_ Montres!—MeQuaig Bros. & Co., W. Graham
Brown & Co.
DORCHESTER (QUEBEC) ELECTRIC CO.
Ist 5s. No maturity date but redeemable
at par.on June'1 1951.
Dated June 1, 1911. Interest payable June
and Dec,
‘Authorized —$800,000.
Outstanding—$550,000.
Trustee—Royal Trust Co., Montreal, Can.
Denomination—Coupon, $100, $500 and
$1,000.
Redeemable at par on June 1, 1951.
Organization—Incorporated in 1911 in Canada
as an opposition company, to the Quebec Ry.,
Lt., H. & P. -The company obtained a
10-year street lighting contract from the city of
Quebec in consideration of charging ovrivate
poaenneee not more than 7% cents per k. w.
our.
Secured by a first mortgage on plant supplying
-electric light and power in Quebec.
Original Market—First_ offered by the Cana-
dian Stock & Bond Co., Montreal, in May, 1912,
at 95 and interest and 25 % bonus common stock.
DOVER (N. H.) GAS LIGHT co. Cons. 5s.
Due Sept. 1, 1925.—F. ‘
Dated August’ 1,. 1905. Interest payable
March and asa a at ‘Trustee’ 8 office.
Authorized—$500.
RUMeMGe StD ie
Retired by Sinkin; Fund—$45, 000.
. Trustee—Union Safe Deposit & Trust Co.,
Portland, Me.
Redeemable at 105 and interest.
Sinking Fund—$5,000 annually on Sept. 1 to
1917; $10,000 annually thereafter.
Control—Operated as a division of Twin State
Gas & Electric Co., which is controlled by Middle
West Utilities Co.
Secured by a mortgage on plants supplying
to: Dover, Rochester, Somersworth and other
towns in New Hampshire. Population served
(1910), 38,445. Franchises perpetual.
Prior Liens—$250,000. -
Market.
Boston— Hayden, Stone & Co,
263
DOYLESTOWN & WILLOW GROVE RAIL-
WAY Ist 5s. Dune. June 1, 1930.—F.
Dated June 1, 1900. Interest payable June
and Dee. 1, at Trustee's office.
Authorized and Outstanding $500, 000.
Denomination—Coupon, $1,00 Z
4 pustee—Land Title & ieee Co., Phila-
elphia.
.. Guaranteed’ as to interest by Philadelphia
Rapid Transit Co.
Control—All stock owned by Philadelphia
Rapid Transit Co., vee leases the road for 999
years from July 1, 2.
Secured by a eat mortgage on 14 miles of
electric railway extending from Doylestown to
Willow Grove, Pa. Population served, about
12,500. Franchises are perpetual.
Original Market—First offered by Edward B.
Smith & Co., Enea pn
Mar!
Philadelphia—Oscar R. Dai & Co.
DRY DOCK EAST BROADWAY & BATTERY
RAILROAD Gen. 5s. Due Dec. 1, 1932.
Dated Dec. 1, 1892. Interest payable June
and Dec. 1, at suaranty Trust Co., New York.
Authorized—$1, 000,
Oe ee oe
Denomination—Coupon, $1,000.
we Loan & Trust Co., New
or’ ;
ee ee 1863.
appointed Feb. 1
Control—$1, 196, 900" of ‘the $1,200,000 stock
owned by Third Ave. Ry. Co.
Secured by a first mortgage on about 16 miles
of street railway in New York City, among
which are the following: line Desbrosses St.
Ferry to Grand St. Ferry, line Desbrosses ‘St.
Ferry to Williamsburgh Bridge, line 34th St.
Ferry to East River, ete. Receiver appointed for
the company Feb. 1, 1908. Reorganization
under way. The company has changed its horse
car to storage battery cars.
Underlies—$1,100,000 certfs. of indebtedness
and $530,000 4% and 6% Receivers Ctfs.
Net Earnings, 6/30/14........... $6,125
EDGOPOS iii ea gine Lawl alee ene as 13,395
; Market:
. New York—Wm. A. C. Ewen, Geo. H. Pren-
tiss & Co., Paterson & Co:; Wiliameon: & Squire,
L. F. Hepburn
Receivers
DU BOIS (PA) ELECTRIC & TRACTION CO.
Coll. Trust a Due May 1, 1932.—N.
Dated May 1, 1902. Interest payable May
and Nov. 1, at Trustee’ 's office.
Authorized—$300, 000.
Outstanding—$297,000.
Denomination—Coupon, $500.
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 105 and interest.
Organization—Incorporated in New Jersey,
November 1901, as the American Town Light
Co., name afterwards changed to above.
Secured by what is in effect a first mortgage
through deposit of all the stocks of the Du Bois
Electric Co. and Du Bois Traction Co. (both
properties unmortgaged) on five miles of street
railway in Du Bois, Pa., and plant supplying
electricity to that city. The franchises are per-
petual. Population served, 13,000. The 14
miles owned by the United Traction St. Ry. Co.
from Dubois to Sykesville and Big Run where
connection is made with the Jefferson Traction
Co. is operated in conjunction with the above
property and is controlled by the same interests
that control the Dubois BE. & T. Co
Net Earnings, 6/30/14
Paterest ne css fusca a pean esate 8,500
Registerable
264
Original Market—Offered in 19038 Fairman &
Co.,. Phila., at 102% ood patente
Philntalnie=eee a Dare, S. K. Phillips.
(THE) DULUTH & IRON EPNGe RAILROAD
1st 5s. we Oct. 1, 1937.—
See Map
Dated jaa 1, 1887. Interest payable April
and Oct. ‘1, at' company’s office, 71 Broadway,
N. Y.
-" Authorized—$25,000 per mile.
Outstanding—$8,151,000.
' Denomination—Coupon, $1,000. Exchange-
aoe 5° registered bonds. Registered $1,000
an
Trustee——Metropolitan Trust Co., New York.
Organization and Control—The company was
incorporated in Minnesota, in 1874 and con-
trolled through ownership of $3,000,0'0 (entire
outstanding) capital stock by the Federal Steel
Company, which company is a subsidiary of the
United States Steel Corporation.
‘Secured by a first mortgage on (1) 272 miles of
road including line from Duluth to Ely, Minn.,
117 miles and numerous branches and spurs; on
240 miles of second track and sidings and on
Ore docks and yards on Lake Superior costing
over $1,500,
Unigdtes 30; 500,000 2nd 6s of 1916 ($3,500,-
000 owned by the Federal Steel Co.)
Net Income, 12/31/14 .. $8,017, TAQ*
Interest <3 scco5 ss as oes . 677, 550
*Compares with ten year' ge of $4, 560, 000,
Legal for Cal., Conn., Fla., Me., Mich., Mi inn.
N.J., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Rhoades. & Co., Co & Ca.,
Hartshorne & Picabia, Blodget & Co., Grou
& Vanderhoef, Harris, Winthrop & Co., A.
Kidder & Co., Bigelow & Co., ‘Redmond’ e ‘on
H. D. Bulkley.
. (THE) DULUTH & IRON ENGR RAILROAD
2d 6s. Due Jan. 1,
See Map 133.
Dated January 1, 1896. Interest payable Jan.
and July 1, at 71 Broadway, New York.
Authorized—$5,000, 000.
Outstanding—$4,500,000 ($3,500,000 owned
y the Federal Steel Co.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
date on four weeks’ notice.
Secured by a second mortgage at about
$16,600 Meera oo prior bonds at $30,000 per
mil le) on (1) 272 miles of road and all other
property of the Copan covered by the lst 5s of
19387. (See description of same).
Prior Lien—$8,151,000 Duluth & Iron Range
1st_5s of 1937.
Earnings—See 1st 5s above.
Listed on the New York Stock Hechanwge.
Market.
New York—Wm. A. C. Ewen, Coffin & Co,,
J. H. Becker & Co.
1916.—
Registerable
DULUTH (MINN.) EDISON ELECTRIC CO.
1st 5s. Due March 1, 1931.—F.
Dated March 1, 1906. Interest payable
March 1 and Sept. Ay a Trustee’s office.
Authorized—$2,00
Outstanding—$1, oe3, ‘000.
Held alive in Sinking, Fund (included in out-
standing bonds)—$170,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest on any
interest date.
Sinking Fund—Annually on Jan. 1, $25,000
for purchase or redemption of bonds at not over
105 and interest. Bonds so acquired to be held
alive and interest added.
Organization—Incorporated in Minnesota,
a succeeding the Duluth General Electric
‘Secured by a first mortgage on plant supplying
Duluth, Minn., with electric light & power.
Purchases power under 10-year contract expiring
July 1917 from the Great Northern Power Co.
Branching: unlimited as to time. Population,
Net | Earnings, 12/31/13......... $228,001
Enterest: sis e cvainisas 120s s.o se
67,9
Original Market—$1, 000,000 offered March,
1906, at_101 and interest by N. W. Harris &
Co. and Perry, Coffin & oe Boston.
rket.
Boston—N. W. Harris & Co., Perry, Coffin &
Burr, L. Sherman Adams, F. B. Bassett & Co. se
F. W. Mason & Co. |
New York—Blodget & Co., Harris, Forbes
& Co., Perry, Coffin'& Burr, J. W. Christiansen,
Jacobson & Friedman, J. H. Howell & Co.,
Ernest Smith, Jobn D. Curtis & Co., Gude,
Winmill & Co., Kirkpatrick & Lewis.
St. Paul—White, Grubbs & Co.
Chicago—John Burnham & Co., Harris Trust
& Savings Bank.
et MISSABE & NORTHERN RAIL-
WAY CO. Ist 6s. Due Jan. 1, 1922.—N.
See Map 133... -
Dated January. 1, 1892. Interest payable
Jan. and July 1, ne ae guresdaye New York.
Authorized—$1,30
_ Outstanding—$1, 7 000 (Closed: mortgage).
Denomination—Coupon, $1, 00: Registerable
as to principal.
‘Trustee—Metropolitan Trust. Co., New York.
Guaranteed as to interest by the Mountain
Iron Co. by endorsement.
-Control—Entire stock owned by Lake Superior
Consolidated Iron Mines Co. a subsidiary of
the U. S. Steel Corporation...
Secured by a first mortgage on (2) 67 miles of
road from a point near the mouth of the Arti-
choke River, St. Louis County, Minn., to the
Iron Mines of the Mountain Iron Co., in the
same county and branch to the iron mines of
the Biwabik Iron Co. These bonds are out-
standing at the rate of $17,500 per mile.
Underlies—$300,000 Cons. Ist 6s of 1923, and
the $11,305,000 Gen. 5s of 1941, under which latter
issue bonds are reserved for the retirement of
this issue.
Net Income, ' 6/30/ 14..... eae '$2,97. 1,229*
Interest and sinking fund...... 1,123,849
. *Comparés with a ten year average of $5,340,-
000.
Market.
New York—Freeman & Co.
DULUTH, | MISSABE & NORTHERN RAIL-
WAY CO. Gen. 5s. Due Jan. 1, 1941.—F.
See Map 133. :
Dated Tan. 1, 1906. Interest payable Jan.
and July 1, at 71 Broadway, New York. :
Authorized—$30,000 per. mile additional single
main track, $50,000 per mile additional double
main track and $20,000 per mile additional
second, third, So main track. Also 75% of
cost of equipmen'
eating si: 308, 000.
Held in Sinking Fund—$1,493, 000.
Denomination—Coupon, $1,000. Registerable
as to principal. i
Trostee—New York Trust Co., New York.
Sinking Fund—Began April i, 1907. Annu-
ally $20 for each bond outstanding, including
those held in sinking fund, for the purchase or
redemption of bonds at not over 105 and interest.
Bonds so secured to be held alive and interest
added to this fund
Control—Entire $4, 112,500 capital stock owned
265
by the Lake Superior Consolidated Iron Mines
Co., a subsidiary of the United States Steel Corp.
Secured by a second mortgage on (3) 297:
miles of road from Duluth via Hibbing to
Virginia, Minn., and branches, subject to a
prior lien iat the rate of $6,400 per mile and a
third mortgage on (2) 67 miles of road from
Stony Book to Mountain Iron, Minn., subject
to prior liens at the rate of $24,200 per mile.
These bonds are outstanding at the rate of
$31,200 per mile.
Prior Liens—$1,174,000 1st 6s of 1922 and
$2,326,000 1st cons. 6s "of 1923 for the retirement
of which bonds are reserved under this mortgage.
Earnings—See 1st 5s above.
Lleted. on the New York Stock Exchange.
Market.
New SMock-—Redmaent & Co., Freeman &
Co., Hartshorne & Battelle, Wood, Struthers &
Co., H. I. Nicholas & Co., H. D. "Bulkley.
Boston—Lee, Higginson & Co.
Chicago—Harris, Winthrop & Co.
DULUTH, RAINY LAKE & WINNIPEG RAIL-
WAY CO. Ist S. F. 5s. Due Jan. 1, 1916. °
See Map 133.
Dated to anuary 1, 1906. Interest payable Jan.
and July ty at Chase National Bank, New York,
or Illinois Trust & nee Bank, Chicago. :
Authorized—$2,000 i
Gtunedings 92,000, 000,
Denaminsden—-i Auyan: $1,000. Registerable
as to principal
Trustee—lllinois Trust & Savings Bank,
Chicago.
Redeemable at 105. and interest...
Sinking Fund—Beginning in March, 1909,
two-thirds of net earnings of preceding calendar
year, for the purchase in the open market of
outstanding bonds, or redemption by lot at 105
and interest, on and after Jan. 1, 1911.
Guaranteed as to interest by "the Virginia &
Rainy Lake Co. by endorsement.. «
Control—Leased to the Duluth, Winnipeg &
Pacific Ry. Co., which road has traffic arrange-
ments with the Canadian Northern Ry. Ca:
Secured. by a first mortgage at about $21, 500
per mile on (4) 93 miles of road from Virginia to.
Rainy Lake, Minn., forming part of a through
line between Duluth and Winnipeg.
Net Earnings D., W. & P. Ry.
O/BO/14 5. icwtissie cea cndent oii . $174,665
Rentals. 130,725
Interest. 282;428
Original. Market—Offered in 1909 “by the Mar-
shall & Isley Bank, Milwaukee, Wis., at 101 to
101% and interest. as
Market. ~~
New York—Miller & Co., E. & C. Randolph,
Chandler Bros. & Co., A. E. Fitkin & Co., F. J.
Lisman & Co., Fred H. Hatch & Co., Burgess,
Lang & Co., Coffin & Co., Bigelow & Co., R. B.
Hathaway & Co., Ernest Smith.
: Philadelphia—Elkins, Morris & Co., Chas. T.
Brown & Co., Edw. Lowber Stokes.
- Montreal—Dominion Securities Corp.
Cleveland—C. E. Denison & Co.
Chteage, eee Warren & Chandler, Stan-
won. Taylor & Co., A. L. Baker & Co., everne
o.
Basten C- E. Dennison & Co., eee Lang
& Co., L. Sherman Adams & Co., F. W. Mason
& Co., Hiotenkin & Co.
DULUTH SHORT LINE RAILWAY co. Ist
5s. Due Sept. 1, 1916.—
See Map 92.
Dated September 1, 1886. Interest payable
ware and ept.. 1,.at J. P. Morgan & Co., New
ork. 4
‘Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Assumed by the Northern Pacific Co.
Guaranteed as to p Pripeipel and and interest by the
St. Paul & Duluth R. Co. by endorsement.
Control—Absorbed by the ie Paul & Duluth
R. R. Co. in 1898. . The property of the latter
poneny was purchased by the Northern Pacific
y. Co.in1
Secured by a “first mortgage on (5) 18 miles of
ely from West Superior, Wis., to Thompson,
1m)
Underlies—$1, 000,000 St. Paul & Duluth 1st
Cons. 4s, and $8,080,000 Northern Pacific, St.
Paul-Duluth Div. 4s, which provide for the retire-
ment of this issue.
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
Mo., N. H., N. J., N.Y., R. I. and Wis.
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
New York—Spencer Trask & Co., Gilman &
Clucas, Berdell Bros.
Philadelphia—Henry & West.
DULUTH, SOUTH SHORE & ATLANTIC
7 Eewae CO. ist 5s. Due Jan. 1, 1937.
See M:
Map 73.
Dated Apri 15, 1887. Interest payable Jan.
and July 1 at Company’s office, 55 Wall St.,
New York.
Authorized—$4,000,000.
Outstanding—$3,816,000.
Denomination—Coupon, $1,000.
as to principal, or fully registerable.
Trustee—Central Trust Co., New York.
Organization and Control_—Incorporated in
Michigan in 1887, as a consolidation of several
short lines. Also owns 2 majority of stock of the
Mineral Range R. R. Co. Controlled through
sock ownership, by. the Canadian Pacific Ry.
Registerable
‘Fienrea by a first mortgage on (1) 475 miles of
road including line from Sault Ste. Marie, Mich.,
to Superior, Wis., 363 miles, and branches, and a
second mortgage on (2) 112 miles of branches in
Northern Michigan, subject to prior liens at the
rate of $9,200 per mile. These bonds are out-
standing at the rate of $6,700 per mile.
Prior Lien—$1,077,000 Marquette, Houghton
& Ontonagon R. R. Gen. 6s of 1925.
Underlies—$15,107,000 1st cons. 48 of 1990,
all owned by the Canadian Pacific Ry. Co
Net Income, 6/30/14
Th terest ice seiics cpiees ec hs es aes 983,599
Listed on the New York Stock Exchange.
Legal for Me. and Mo.
Market.
New York—W. A. C. Ewen, Strong, Sturgis &
Co., A. M. Kidder & Co., McGeorge & Vander-
hoef, Coffin & Co., L. M. Prince & Co., Simon
Borg & Co., Beverley Bogert & Co.
Boston—Wm. A. Read & Co.
DULUTH STREET RAILWAY Ist 5s. Due
May 1, 1930.
Dated May 1 “1900. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—See Gen. 5s below.
Secured by a first mortgage on entire prop-
erty. See dene Hon J D. St. Ry. Gen. 5s of 1930.
Underlies—$792,000 Gen. 5s of 1930 which
mortgage provides to retire this issue.
Net Earnings, 12/31/14.......... $553,571
Interest, taxes, etc....... ++» 248,891
"THIS (SBE 5 i004 o8 i w da dee ome mo sme 203 "291
Original Market—Offered in 1901 at 165 cal
interest.
Market.
New York—Spencer Trask & Co., L. F. Hep-
burn, Coffin &.Co., Rauscher & Childress, R. B.
Hathaway & Co., J, H. Howell & Co., John D-
Curtis & Co,, John H. Davis & Co.
Hltimare enki te ae & Poe, J. 8.
Wilson, Jr., & Co., Poe & Davies.
Toronto—A. E. Ames & Co.
Boston—E. M. Farnsworth & Co., F. W. Masoo
& Co., Old Colony Trust Co.
Chicago—Hulb: urd, Warren & Chandler,
Spencer Trask & Co.
St. Paul—White, “Grubbs & Co., C. O. Kal-
man & Co.
Minneapolis—Wells & Dickey Co.
Philadelphia—Oscar R. Dare.
DULUTH STREET RAILWAY CO. Gen. S. F.
5s. Due May 1, 1930.—
Dated May 1, 1910. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$2,500,000.
Outstanding—$792,000.
Retired by Sinking Fund—$41,000
Denomination—Coupon, $1,000. Registerable
as to principal. We
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
date as a whole only on 30 days’ notice, or in
part for sinking fund on 60 days’ notice.
Sinking Fund—May,. and annually
thereafter, not less than 244% of outstanding
bonds, to be applied to the purchase or redemp-
tion of these bonds at not over 105 and interest.
Guaranteed as to principal and interest by the
Duluth-Superior Traction Co. by endorsement.
Organization and Control—Incorporated in
Minnesota in 1881. Reorganized in 1900 and
the entire $1,800,000 capital stock acquired by
the Duluth-Superior Traction Co., a Connecticut
sor poration. The latter company has no funded
lebt.
Secured by a mortgage 82 miles of street rail-
way track in Duluth, Minn., and Superior, Wis.,
and has trackage rights over bridge between the
two cities. Power is purchased from the Great
Northern Power Co. Population (1910), Du-
luth, 78,446; Superior, 40,384. Franchises are
exclusive and run until 1931. In 1915 the Su-
preme Court of Minnesota confirmed the fran-
chise of the company in Duluth.
Prior Lien—$2,500,000 1st 5s of 1930 for the
retirement of which "ponds are reserved under
this mortgage.
Net Earnings, alutk- Sup. Trac.
Co.), 12/31/14
Interest, taxes, etc.............. 243,891
Original Market—Offered in 1911 by ’A. EL
Ames & Co., Toronto, Canada, at 97 and interest.
Market. -
New York—Bigelow & Co.,' Coffin & Co.,
R. B. Hathaway & Co., L. F. Hepburn.
Baltimore—J. S. Wilson, Jr. & Co.
Toronto—A. E. Ames & Co...
Chicago—Hulburd, Warren & Chandler.
St. Paul—White, Grubbs & Co., C. O. Kal-
man & Co.
Philadelphia—Oscar R. Dare.
DU PONT DE NEMOURS POWDER CO.
(E. L.) 1st & Coll. Tr. 5s. Due July 1, 1922.
Dated July 1, 1909. Interest payable Jan, 1
and July 1, at Trustee’ '3 office.
Authorized—$2,2 :
Outstanding—$1,; ae 000. a
Retired by Sinking Fund—$866, 000.
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered,
Trustee— Metropolitan Trust Co., New York.
Redeemable on July 1 for the sinkihg fund at
par, or as a whole on any interest date at 105
and interest.
Sinking Fund—$124,000 bonds are to be re-
tired annually on July 1 at par.
Organization—See Deb. 44s below.
Secured by a first mortgage on the powder
266
plants ‘located: at Dorner, Newport and Fon-
anet, Ind.; Fairchance and Oliphant Furnace,
Pa.; Haskell and Wayne, N. J.; Orange and
Newburgh, N. Y.; Nemours, W. Va., and Platte-
ville, Wis. Further secured by the deposit of
$308,000 Deb. 4 4s.
Earnings—See Deb. 414s below.
DU PONT DE NEMOURS POWDER CO. (E. I.)
Deb. 4%s. Due June 1, 1936.—F.
Dated June 1, 1906. Interest payable June
1 and Dee. 1, at Trustee’s office.
Authorized—$16,000,000. :
Outstanding—$14,256,000.
Deposited as Collateral—$308 ,000.
Held in Treasury—$1,436,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered, $1,000. C. &
R. interchangeable. -_- £
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 110 and
interest. ‘
Exchangeable, at the option of the company,
as a whole, par for par for bonds which the com-
pany may issue under a first mortgage.
Organization—lIncorporated in New_ Jersey
in 1908, and acquired control of more than 100
companies engaged in the manufacture of ex-
plosives, all of which were consolidated into this
eompany. In 1912 tha Supreme Court held
that the operations of the company were con-
ducted in violation of the Anti-trust laws, and
ordered the company to segregate the owner-
ship of its plants in three separate companies.
In return for the properties turned over to the
Atlas and Hercules Powder Companies, which
were formed in accordance with the decree, the
Du Pont Company received all of their bonds,
which have since been sold.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that it will not create any mortgage
on its property (except purchase money mort-
gages) without the consent of the holders of
75% of these bonds outstanding.
Net Earnings, 12/31/14........ ae
Interests waits s eaialannoa os, ees ‘
Market.
Philadelphia—Geo. P. Bissell.
New York—Hallowell & Henry, Wheatly &
Machette.
nUquPSne LIGHT CO. Conv. 5s. Due Feb.
1,
Tax re in Pennsylvania.
Dated Feb. 1, 1915. Interest payable Feb.
1 and Aug. 1.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered $1,000. C. & R.
interchangeable.
Trustee—Bankers’ Trust Co., New York.
Redeemable on any interest date at 101 and
interest. ‘ 7
Convertible at any time into 7% cumulative
preferred stock of the company par for par.
Organization and Controf—Incorporated in
Pennsylvania in 1912. All of the common and
oo stocks are owned by the Philadelphia
0.
Security-——A direct obligation of the company,
but not secured by a mortgage. The company
supplies practically all of the central station
electricity consumed in the Pittsburgh district,
under perpetual franchise. Population served,
about 1,000,000. The company’s property is
not mortgaged, and the plants ofcontrolled com-
panies are subject to only $950,000 bonds, of
which this company owns $268,000.
The company covenants that so long as any
of these notes are outstanding it will not mort-
gage any of its property; will not create any
stock having priority over stock into which these
notes are convertible, will not sell any of that
stock except to provide funds for additions, etc.,
and will not -increase*-authorized- amount .of
stock, unless the common stock be equally in-
creased. * - ‘ =
Net Earnings (available for the
interest on these notes),
LD BY [A sis coe: csnegeracy o jin baueesve $1,542,341
Original Market—Offered in February, 1915,
by Blair & Co. and Ladenburg, Thalman & Co.,
at 9714 and interest.
DUQUESNE TRACTION CO.
July 1, 1930.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1890. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$1,500,000.
. Denomination—Coupon, $1,000.
" Fate adele Title & Trust Co., Pitts-
urgh.
Control—The Consolidated Traction Co.,
which owns 52,635 out of 60,000 shares of the
stock and leases the property for 950 years from
1896 is one of the subsidiaries of the Philadelphia
Company.
Secured by a first lien on the stock of Duquesne
Passenger St. Ry. Co. owning important street
railways in Pittsburgh, Pa., including the line
from the center of the city to North Liberty
Street via Forbes Street. There is no provision
in the mortgage which prohibits the company
whose stock is deposited from directly mort-
gaging its property.
Listed on the Pittsburgh Stock Exchange.
Market.
Philadelphia—Robt. Glendinning & Co.,
rane & Co., Geo. S. Fox & Sons, Osca R.
are.
Pittsburgh—Safe Deposit & Trust Co., H. P.
Taylor & Co., Donner, Child & Woods.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co., C. H. Hensel.
DURHAM & NORTHERN RY. CO. Ist 6s.
Due Nov. 1, 1928.—N.
See Map 113.
Dated Nov. 8, 1888. Interest payable May
and Nov. 1, at office of Trustee.
Authorized—$252,000.
Outstanding—$100,000 (Closed mortgage).
Denomination—Coupon, $1,000. Principal
may be registered.
Trustee—The Mercantile Trust & Deposit Co.
of Baltimore.
Assumed by the Seaboard Air Line Railway.
Control—Absorbed in 1901 by the Seaboard
Air Line Ry. Co.
Secured by a first mortgage on (5) 41 miles of
road from Durham to Henderson, N. C., at about
$2,400 a mile.
Underlies—$12,775,000 S. A. L. 1st 4s of 1950,
and $28,800,000 Ref. 4s of 1959, under which
bonds are reserved to retire this issue, and
$25,000,000 Adjmt. 5s of 1949.
Legal for Balt.
Market.
enon York—Blodget & Co., John H. Davis
‘0.
Baltimore—Mackubin, Goodrich & Co.
DURHAM TRACTION CO. Ist 5s. Due March
Dated March1,1901. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$400,000.
Outstanding—$350,000.
Denomination—Coupon, $1,000.
Trustee—Maryland Trust Co., Baltimore, Md.
Control—Controlled by Cities Service Co.
through stock ownership.
Secured by first mortgage on street railway
and electric plant in Durham, N. C. System
includes nine miles of road. Franchise expires
in 1951. Population served, 20,000.
Ist 5s. Due
267
Underlies—$650,000 Durham Light & Trac.
6s, all owned by Cities Service Co.
: . _ Market.
New York—H. L. Doherty & Co., Chandler
Bros & Co. :
Philadelphia—G. P. Bissell, Oscar R. Dare.
DUTCHESS COUNTY RAILROAD Ist 4}s.
Due June 1, 1940.—F.
See Map 86.
Dated June 1, 1890. Interest payable June
and Dec. 1, at Fidelity Trust Co., Philadelphia.
Authorized—$350,000.
Outstanding—$287,000.
Denomination—Coupon, $1,000...
Trustee—Bankers’ Trust Co., New York.
Guaranteed principal and interest by New
York, New Haven & Hartford R. R., in con-
seen een peice interest was re-
duced from ‘Oo ay 2 4
Control—A bsorbed by Central New England
R. R., practically all of the latter company’s
stock is owned by the N. Y., N. H. & H. R. R.
Co. '
Secured by a first mortgage at about, $24,000
er mile on (3) 12 miles of road extending from
Doughkespais to Hopewell Jet., N.Y.)
Underlies—$12,012,000 Central New Eng-
land 4s.
Net Earnings (N. E. Ry.)
6/30/14......... aay Eectaisare caer $737,914*
THOT cw oe soe cee pee ne peeees 506,195
*Compares with $1,180,023 in 1912-13. oo
Listed on the Philadelphia Stock Exchange.
Market.
New York-—A. E. Fitkin & Co., Coffin & Co.,
McGeorge & Vanderhoef, F. H. Hatch & Co.
268
East CHICAGO & INDIANA HARBOR
ATER CO. 1st 5s. Due Oct. 1, 1927.—
Dated October 15, 1907. Interest ayable
April and Oct. 1, at Central Trust Co., Chicago,
First National Bank, New York, and Market
Street National Bank, philadelphia.
Authorized—$1,200,
Outstanding—$496, N00:
Denomination—Coupon, $500.
as to principal.
Trustees—Central Trust Co. of Illinois,
Chicago, and Malcolm McDowell, Chicago.
Redeemable at 105 and interest on any interest
date upon 80 days’ notice.
Sinking Fund—Beginning Aug. 15, 1917, and
annually thereafter 1% of outstanding bonds to
be applied to purchase redemption of these
bonds at not exceeding 105 and interest, bondsso
acquired to be cancelled.
Secured by a first mortgage on lant supply-
ing water to the City of East hicago, Ind.
qopeiation: served 23,000. Franchise expires in
Net Earnings, 11/30/12 -. $53,909
INCOR ES isiciess sca iss etens iste. 3 Sane 24,800
Original’ Market—Offered in 1907 at 91. and
interest by C. H. Geist & Co., Philadelphia, and
the Milwaukee Trust Co., Milwaukee, Offered
in 1912 by H. F. Bachman & Co., Philadelphia,
at 97 and interest.
Market.
Philadelphia—H. F. Bachman & Co., S. K.
Phillips, Oscar R. Dare.
Boston—H. L. Nason & Co.
EAST END ELECTRIC LIGHT CO.
Due Feb. 1, 1915.—N.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1895. Interest payable Feb.
and Aug. 1, at Trustee’s office
"Authorized and Outstanding—$500, 000.
* Denomination—Coupon, $1,
Trustee—Fidelity Title & Trust Co., Pitts-
burgh, Pa.
Assumed by Allegheny County Light Co.
Control—Absorbed in 1906 by the Allegheny
County Light Co . On Jan. 1, 1913, all the
property of the latter company was leased to
the Duquesne Light Co. for 50 years. Rental
$150,000 annually, interest on bonds, rentals
and operating expenses. The latter company
owns the enue $1,500,000 capital stock of the
A. C. Ltg. Co. The entire Sepia stock of the
D. Ltg. Co. is owned by the Philadelphia Co.
Refunding—These bonds are exchangeable at
the option of the holder for Philadelphia Com-
pany 5s, which are reserved for their retirement.
Market.
piteburghe- 2 P. Traylor & Co.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
EAST JERSEY STREET RAILWAY Ist 5s.
Due May 1, 1944.—]
Dated April 22, 1904.
and Nov. 1, at ‘Trustee’s office
Authorized and Outstanding—$500, 000.
Denomination—Coupon, $1,0
Trustee—Perth Amboy Trust Co., Perth
Amboy, N. J.
Guaranteed principal and interest by the Public
Service Corp. of New Jersey.
Control—Absorbed by the Public Service Ry.
Co., which is controlled through ownership of its
entire capital stock by the Public Service Corp.
of New Jersey.
Market.
Newark—Fidelity Trust Co., J. S. Rippel.
New York—W. E. R. Smith & Co.
Jersey City—Edwin R. Case.
EAST LIVERPOOL. TRACTION & LIGHT CO.
Ist 58. Due Nov. 1, 1925.—N..
Registerable
Ist 6s.
interest payable May
Dated Nov. 10, 1905. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—32, 850, 000.
Denomination—Coupon, $1,000.
Trustee—Union Trust'Co., Pittsburgh, Pa.
Redeemable on any interest date at 105 and
interest,
Organization and desctnat tear tnakel in
1905 as a consolidation of a number of electric
railway and lighting companies. Leased for 999
years from 1911 to the Tri-State Ry. & Elec. Co,
The latter company was placed in the hands of
receivers March, 1913. A plan of friendly reor-
ganization is reported as bow under way.
Secured by a first mortgage on steel suspension
bridge over Ohio River at East Liverpool O., and
coal mines at Rock Springs Park and a second
mortgage on 36 miles of electric railway track in
and between East Liverpool and Wellsville, O.,
and on plants cupplying electrieiey to East Liver-
pool and Wellsville, O., and Chester, W. Va
panne expires in 1956. Population served,
2
Prior Liens—$150, ye E. Liv. Ry. 1st 5s.
Net Earnings, 6/30/12 .. $175,649
Interest and taxes...... 171, 1446
Mark
New York—Fred. H. Hatch & Co., R. B.
Hathaway & Co.
Boston—H. C. Spiller & Co.
EAST MC KEESPORT STREET RAILWAY
Ist 5s. Due Dec. 1, 1929.—F.
Tax free in Pennsylvania.
Dated Dec. 1, 1899; Interest payable June
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000 with privilege
of registration.
ine Traps Hdehty Title & Trust Co., Pitts-
gh,
Control —All of the stock owned by the Phila-
delphia Co. and road leased to United Traction
Co, of Pittsburgh, and operated by the Pittsburgh
Railways Co., both of which companies are con-
trolled through stock ownership by the Phila-
delphia Company.
Secured by a first mortgage on 8 miles of
street railway in MoKeesrett, Pa., and vicinity.
Market.
Philadelphia—E. B. Smith & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
EAST MIDDLESEX STREET RAILWAY Plain
4s. Due Jan. 1, 1922.—N.
Dated Jan. 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000, with privilege
of registration.
Trustee—Old Colony Trust Co., Boston.
Guaranteed as to interest by Bay State Street
Railway under the terms of the lease. -
Control—Leased for 99 years from 1893 to
Bay State Street Ry. practically all of whose com-
mon stock is owned by the Massachusetts Electric
Co. Rental $30,000 per annum.
Security—A direct obligation of the company
but not secured by a mortgage. The company
owns 16 miles of track. There are also out-
standing $120,000 plain 5s of 1918.
Net Earnings (Bay State St. Ry.) :
6/30/14: coierann sd awagiiat aie’ $3,331,280
Interest, rentals, etc........... 2,006,984
Legal for Mass.
Market.
Boston—Merrill, Oldham & Co.
(THE) EAST OHIO GAS COMPANY (CLEVE-
LAND) Ist S. F. 5s. Due July 1, 1939.—F,
269
, Dated July 1, 1909. Interest payable Jan. and
July 1, at New York Trust Co., New York.
Authorized—$25,000,000.
Outstanding—$18,500,000.
Retired by Sinking Fund—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ; ao
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any interest
e. e " * , ,
Sinking Fund—$500,000 per annum, com-
mencing Oct. 15, 1911, to be applied to the retire-
ment of these bonds at not over 105 and interest.
Organization—Incorporated in Ohio in 1910
as a consolidation of several companies supplying
Cleveland, O., with artificial gas. In 1912 ac-
quired. by purchase the property of the Akron
Gas Co. and the Mohigan Oil & Gas Co. The
company purchases natural gas from West
Virginia producing companies.
Secured by a first mortgage on all the property
of the company including plants supplying arti-
ficial and natural gas to Cleveland, Akron and
over 40 other cities and towns in Ohio. The
company owns 403: miles of pipe lines from the
West Virginia natural gas, field and other pipe
lines are being constructed. Also owns 2,000
miles of distributing pipe in the cities and towns
served. Population served, 1,000,000. Franchises
in Cleveland are without time limit.
Net Earnings, 12/31/13. .... $3,186,862
Interest on bonds Sas 793,276
‘Legal for R. I. ihe S ge 8
~ Original Market—Offered in 1910, by White
& Co., New York, at 98 and interest, and.in 1911
by E. W. Clark & Co., Philadelphia, at par and
interest. Offered in 1913 by Emar, Peck &
Rockwood and A. B. Leach & Co. at par and
interest. Y
Market.
New York—White & Co., F. H. Hatch & Co.,
A. B. Leach & Co., Wolff & Stanley, Kirkpatrick
& Lewis, Howe, Norris & Co., Bigelow & Co.,
J. H. Howell & Co., Ernest Smith.
Philadelphia—E. W. Clark & Co.
Baltimore—Riggs & MeLane, Stein Brothers,
Jenkins, Whedbee & Poe, Walter Koppelman.
Providence—Richardson & Clark, Horn-
blower & Weeks. .
Boston—L. Sherman Adams.
‘ Cleveland—Otis & Co.
St. Paul—C. O. Kalman & Co.
Detroit—First & Old Detroit National Bank.
é coletno—Zers Otis & Taylor, A. B. Leach
oO.
EAST PENNSYLVANIA GAS & ELEC. CO.
1st 5s. Due June 1, 1942.—F.
Tax exempt in Pennsylvania.
Dated June 1, 1912. Interest_payable June
and Dec. 1 at A. B. Leach & Co., New York, and
in Philadelphia.
Authorized—$500,000.
Outstanding—$300,000. 2
Denomination—Coupon, $1,000. Registerable
as to principal. . :
Trustee—Fidelity Trust Co., Phila. _
Z Redeemable at 105 and interest on any interest
late. z ;
Sinking Fund—1% of outstanding bonds
annually from 1915 to 1918 and 2% thereafter.
Organization—Incorporated in Pennsylvania
1912, as a consolidation of a number of small
companies.
Control.
Service Co.
Secured by first mortgage on ane plant and
electric light plant supplying Bristol, Pa., andtwo
adjoining towns. Franchises in Bristol are
unlimited as to time. Population served, 10,000.
Net Earnings, 12/31/13........... $25,345
Interest............65
Market. |’
New York—A. B. Leach & Co., S.
Entire stock owned by United
cr *
L. Snowden.
270
EAST PENNSYLVANIA RAILROAD CO, Ist
4s. Due March 1, 1958.—F.
See Map 104. 3
Tax free in Pennsylvania.
Dated March 1, 1888. Interest payable March
and Sept. 1, at Reading, Terminal, Philadelphia.
Authorized and Outstanding—$495,000.
Denomination—Coupon, $1,000
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia. : :
Guaranteed as to principal and interest by the
Philadelphia & Reading R. R. Co. by endorse-
ment, which guaranty was assumed by the
Philadelphia. & Reading Ry. Co. .
_ Organization and Control—Incorporated in
ps 1857. | Leased for 999 years to the
Philadelphia & Reading Ry. Co. Rental interest
on bonds, taxes and 6% on, now $2,126,900.
Secured by a first mortgage on (7) 35 miles of
road extending from Reading to Allentown, Pa,
These bonds are outstanding at the rate of
$14,100 per mile. 3 \
Legal for Savings Banks in Conn., Fla., Me.,
Mich., Minn., N. H., N. J . I. and Wis.
. Market. :
Philadelphia—Chas. Fearon & Co., E. W.
; H. Newbold’s Son & Ca.,
ark 0.5 4
Henry & West, Reed A. Morgan & Co., S. K.
Phillips.
LOUIS & SUBURBAN CO
EAST ST.. 8 . Coll. Tr.
, 5s. Due April 1, 1932.—F. g i
Dated April 1, 1902. Interest payable April
and Oct. 1, at St. Louis Union Trust Co., or office
of E. W. Clark & Co., Philadelphia, Pa.
~ Authorized and Outstanding—$8,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. . 7
Trustee—St. Louis Union Trust Co., St. Louis,
Mo.
Redeemable at 105 and interest on four weeks’
notice.
‘Organization and Control—See 63s
elow. é
‘Secured by deposit with the Trustee of the
following securities: :799,000 bonds and
$1,805,000 stock of the East St. Louis Ry. Co.,
$500,000 bonds and $499,500 stock of the St.
Louis & East St. Louis Electric Ry. Co., $3,834,-
000 bonds and $3,824,200 stock of the East St.
Louis & Suburban Ry., Co., $750,000 bonds of
the St. Louis & Belleville Electric Ry. Co. and
$733,000 stock of. the East''St. Louis Light &
Power Co. The foregoing ‘securities are the
entire issues of bonds and stocks with the excep-
tion of the St. Louis & Belleville Electric Ry.
stock, 250 shares of East St. Louis & Suburban
Ry. and shares necessary to qualify directors,
and $956,000 bonds of the East St. Louis Light
& Power Co. These bonds are now pee
a first lien, through deposit of this collateral, on
all the, properties of the above companies, which
own 32 miles ‘of railway in East St. Louis and
72 miles of suburban lines and a second lien on
the only electric light and power plant operat-
ing in East St. Louis. The company, which re-
cently completed a new steam power station in
Alton, Ill., purchases a part of its power from
the Mississippi River Power Co.
Prior Lien—$356,000 East St. Louis Light
& Power Co. First 5s, due June 1, 1940.
Underlies—$2,000,000 Convertible 6s, 1919.
Net Earnings, 12/31/14. . $1,007,618
Interest and rentals............ 013949
Listed on the Philadelphia, Louisville, St.
Louis and Columbus Stock Exchanges.
Original Market—Offered in 1902 by E. W.
Clark & Co., Philadelphia, Francis Bro. & Co.,
St. Louis and Whitaker & Co., St. Louis. |
Market. ,
St. Louis—A, G. Edwards & Sons, Bowman,
Cost & Co., Mite pve ay Trust Co., Mer-
cantile Trust Co., W. E. Orthwein & Co., Wm.
Conv.
R. Compton Ca., Altheimer &, peebe s Invest.
Co., Whitaker & Co., Francis Bros. & Co.
le Philadelphia—Chas. Fearon & Co., E. W.
Clark & Co., Oscar R. Dare, Henry & West.
New, York—F. H. Hatch & Co., Bigelow &
Co., W. E. Hutton & Co.
(THE) EAST ST. LOUIS & SUBURBAN CO.
Conv. 68s. Due Jan. 1, 1919.—
Dated Jan. 1, 1914. Interest payable Jan.
and July 1, at E. W. Clark & Co., Philadelphia.
Authorized—$3,000,000.
Outstanding—$2,000, 000.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
. Trustee—Pennsylvania .Company for the
Insurances on Lives: and Granting Annuities,
Philadelphia.
Convertible at any time before July. 1, 1918,
into an equal amount in par value of 6% cumu-
lative preferred stock and in addition a 33 1/3%
bonus of common stock. This preferred stock
will take precedence as to both dividends and
assets over the 5% cumulative preferred stock
and common stock,
Organization—Incorporated in Delaware in
1913 to take over the assets and assume the liabili-
ties of the original East St.. Louis & Suburban
Co. (New Jersey corporation). The company
owns practically all the stocks and bonds of the
street railway companies of East St. Louis, Il.,
and of interurban lines doing a freight and pas-
senger business extending from East St. Louis to
Belleville, Caseyville, Collinsyille, Edwardsville,
Lebanon and O’Fallon., Also owns the entire
capital stock of the Alton, Granite & St. Louis
Traction Co., the entire: a stock of the Alton,
Gas & Electric Co. and the entire capital stock
of the East St. Louis Light & Power
Security—A direct obligation of the company
but-not secured by a mortgage. The company
covenants in the indenture that it will not mort-
gage any of its property without equally securing
these debentures. .
Original Market—First offered | in Jan., 1914,
by E. W. Clark & Co., Philadelphia, at 95 and
interest.
Market.
Philadelphia—Oscar' R. Dare, Reed & Hun-
toon, Newhall, Churchman & Co.
EAST ST. ars GAS LIGHT CO. 1st 5s. Due
Sept. 1, 1922.—F,
Dated Sept. 1, 1902.
and Sept. 1, at office of
‘Authorized—$7 50, ean
Outstanding—$438,
Held in Sinking Pend $89, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Illinois State Trust Co., East St.
Louis, I.
Redeemable at 105 and interest.
a puking Fund—2% annually of outstanding
onds.
Control—Merged in 1907 into the St. Clair
County Gas & Electric Co., all of whose stock is
owned by American Gas Co.
Secured by first mortgage on coal, gas and water-
gas plant supplying the city of Bast St. Louis,
Ill. Franchise perpetual. Population, East St.
Louis 1910—58,000.
Underlies—$1, 233,000 St. Claire County Gas
& Electric Co. ist Cons. . 5s, which provide for
retirement of this issue.
Interest payable March
Trustee.
Registerable
Net Earnings, 12/31/13.......... $150,926
Interest on bonds..........-..+. 124,404
Thig issue.......-00ceer eee beers 41,754
Market.
Chicago—C. S. Kidder & Co.
St. Louis—Walter E. Orthwein.
EAST ST. LOUIS LIGHT & POWER CO. ist
65s. Due June 1, 1940.—F.
271
.Dated June 1, 1910. Interest payable June
and Dee. 1, at Trustee’s office. -
Authorized—Unlimited. Bonds may be issued
ae 80 % of cost of additions and improvements
en net earnings are equivalent to one and one=
half times all charges on outstanding bonds, and
those to be issued.
Outstanding—$3 56,000. :
Deposited as Security—3600, 000.
Denomination—Coupon, $1,000 registerable as
to principal.
Trustee—Mercantile Trust Co., St. Louis.
Redeemable at 105 and interest.
Guaranteed principal and interest by East St.
Louis & Suburban Co., by endorsement.
Control—All of the stock is owned by the East
St. Louis & Suburban Co.
‘Management—E. W. Clark & Co., Phila.
Secured by a first mortgage on fiant supplying
electricity to East St. Louis, Ill. Pop ulation
served, about 65,000. Franchise expires 2008.
The East St. Louis and Suburban Co. purchases
power from the Mississippi River Power.Co.
Net Earnings, 12/31/13........ $74,329
ee err 10,673 -
. Original Market—_First offered by A. G. Ed-
wards & Sons, New York and St. Louis, at 974,
April, 1911.
Market. :
St. Louis—A. G. Edwards & Sons.
EAST SHORE & SUBURBAN RAILWAY co.
| Ist 5s. vue July 1, 1940.
Dated Feb. 1, 1905. Interest. payable Jan:
and July 1, at Trustee’s' office.
Authorized—$750,000.
Outstanding—3665, 000.
Retired by Sinking Fund—$86, 000.
Denomination—Coupon, $1,000.
,ponstes—Mereantile Trust Co., San Francisco,
4 "Redeemable on any interest date at 110 and
interest.
Sinking. ‘Fund—1% % of bonds outstanding,
payable annually, which should retire. bonds
before maturity.
+ Zecamed by San Francisco-Oakland Terminal
ys. Co.
Control—Absorbed in 1912, By the San Fran-
cisco-Oakland Terminals Rys
Secured by a first mortgage "en 20 miles of
street railway between Oakland and Richmond,
Cal. Population served, Oakland, 1650, 174;
remaining territory, ant 236. Franchises expire
between. 1953 and 1
Underlies—$3, 800, on notes.
Net Earnings, 6/30/14 We eines Oa! $1,472,842
« Interest on‘bonds......... Ne aUaava 1,057,500
This lssues: oi. ce sctie ic seems ae 1,035,900
Legal for California.
EAST, SIDE TRACTION CO. (SYRACUSE) 1st
5s. Due June 1, 1929.—N.
Dated' June 1, 1899. Interest ‘payable * June
and Dee. 1, at Trustee's office, and First National
Bank, New Y
Authorized and Outstanding—$250, 000.
Denomination—Coupon, $1,000.
Trustee—Citizens’ Savings & Trust Co. Cleve-
land, Ohio.
Redeemable on any interest date after June 1,
i Guaranteed as to interest under terms of the
lease.
Control—Leased for 99 years to the Syracuse
Rapid Transit Co., at an annual rental of $12,500.
This lease has been assumed by the New York
State Railways, into which the ‘Syracuse Rapid
Transit was merged in.1912.
Secured by a first mortgage on six miles of
street railway in al Sere saa
Net Earnings, 12/31 . $2, 63,236
Interest and rentals............ 1,355,466
Original _Market—Offered by the Guardian
Trust Co., Cleveland Trust’ Co. and Citizens’
Savings & Trust Co. of Cleveland, at 101 and
interest, April, 1900
Market.
- Philadelphia-—S. K. Philups, Oscar R. Dare.
EAST TENNESSEE & WESTERN NO. CARO-
TNs RAILROAD Ist 5s. Due Nov.'1,'1935.
See Map 89. __..
Dated Aug. 15, 1905. Interest payable May
and Nov. 1, at office of Trustee.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. :
Trustee—Guarantee Trust & Safe Deposit
Co., Phila. be :
Control—Cranberry Iron & Coal Co. “8
Secured by a first mortgage on (10) 34 miles
of road from Johnson City, Tenn., to Cranberry,
C., and a 15-mile branch to Hampton, Tenn.
Net Earnings, 6/30/14...... «+ $92,415
Interest cess caaeas-e owes a tse 25,000
Listed on Philadelphia Stock Exchange.
EAST TENNESSEE, VIRGINIA & GEORGIA
RAILROAD CO. Ist 5s. Due July 1, 1930.
—N.
See Map 120.
Dated July 1, 1880. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized—$10,000,000.
: Outstanding—$3,106,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Assumed by the Southern Railway Co., which
purchased the property of this company at fore-
elosure sale in 1894.
Control—Southern Railway.
Secured by first mortgage on (4) 549 miles of
road extending from Bristol to Chattanooga,
Tenn., from Cleveland, Tenn., to Selma, Ala.,
and from Morristown, Tenn., to Point Rock,
N.C. These bonds are outstanding at the rata
of $5,700 per mile.
Underlies—$160,000,000 bonds and notes of
Southern Railway Co. . :
Legal for Balt. and Cal.
Listed on the New York Stock Exchange.
arket.
Baltimore—Baker, Watts & Co., J. Harmanus
Fisher & Sons, Jenkins, Whedbee & Poe, John
D. Howard & Co. : :
New York—Effingham Lawrence & Co., Wolff
& Stanley, Korn, Lehman & Co., C. D. Barney
& Co., Hartshorne & Picabia, Seasongood &
Haas, J. A. Clark & Co., Simon Borg & Co.,
Hartshorne & Battelle, Vickers & Phelps, Wood,
Struthers & Co.
EAST TENNESSEE, VIRGINIA & GEORGIA
: RAILW.
AY CO. Cons. Ist 5s. Due Nov. 1,
1956.—F.
See Map 121.
‘Dated July 5, 1886. Interest payable May
and Nov. 1, at J. P. Morgan & Co., Now York.
Authorized—$20,000,000.
Outstanding—$12,770,000 (Closed mortgage).
3 ee eee $1,000. Registered,
’ . :
. Trustee—Central Trust Co., New York.
Assumed by Southern Railway Co., which
purchased the property of this company at fore-
closure sale in 1894.
a Control—Absorbed by the Southern Railway
‘0 '
Secured by mortgage on 990 miles of road,
being a first lien on 364 miles extending from
Rome to Brunswick, Ga., with branches, and a
second lien on (4) 625 miles including from
Selma to York, Ala. and the mileage covered by
the 1st 5s (for details see above) subject to prior
liens at the rate of $6,400 per mile. These bonds
are outstanding at the rate of $18,000 per mile.
272
Underlles—$147,476,000 bonds and notes of
Southern Railway Co. . - Lo
.- Prior Liens—$1,000,000- Alabama Cent. 1st
6s of 1918 and $3,106,000 East Tennessee, Vir-
ginia & Georgia 1st 5s of 1930.
Legal for Balt. and Cal.
Listed on the New York Stock Exchange.
Market.
New York—Bigelow & Co., Coffin & Co.,
Freeman & Co., McGeorge & Vanderhoef, Korn,
Lehman & Co., Effingham Lawrence & Ca.,
Wolff & Stanley, A. M. Kidder & Co., W. A. C.
Ewen, Clark, Dodge & Co., Didrichsen & Co.,
Gilman & Clucas, Foster & Adams, J. A. Clark
& Co., Joseph Walker & Son, Hartshorne &
Battelle, L. M. Prince & Co., Seasongood &
Haas, Percy’ H.: Bradshaw, Vickers & Phelps,
Wood, Struthers & Co., Gude, Winmill & Co.
Philadelphia—C. C. Harrison, Jr., & Co.
Baltimore—W. W. Lanahan & Co., Jenkins,
Whedbee & Poe.
EASTERN CAR CO., LTD., 1st 6s. Due July
1
, .
Dated July 1, 1912. Interest payable Jan. 1,
and July 1, in Toronto, Montreal, Halifax,
New York and London.
Authorized—$1,000,000.
Outstanding—$1,000,000.
Denomination—Coupon, $100, $500 and $1,000
or their sterling equivalents. Registerable as
to principal or fully registerable. C. & R. inter-
changeable. :
Trustee—Eastern Trust Co., Halifax, N. S.
Redeemable at 105 and interest on and after
July 1, 1915. :
Sinking Fund—Annually 1% of outstanding
bonds beginning July 1, 1915, plus interest on
redeemed bonds. This fund, it is figured, will
retire the entire issue by maturity. 3
Guaranteed unconditionally as to principal,
interest and sinking fund by endorsement by the
Nova Scotia Steel'& Coal Co.
_ Control—Entire common stock owned by Nova
Scotia Steel & Coal Co.
Secured by a first mortgage on all the property
of the Company. The Company is erecting a
plant covering 77 acres, for the manufacture
of railway cars. This plant will have a daily
output of from 20 to 25 cars when completed,
and this can be increased at relatively small
expense. ~~
. $415,164*
Pabetedtc ccc: cw eyoeee nen g cau my
to 421,070
*Compares with $1,255,953 in 1913. :
Original Market—$1,000,000 offered June,
1912, at par and interest by A. E. Ames & Co,
Toronto.
: Market. :
Toronto—A. E. Ames & Co., Murray, Mather
& Co., Goldman & Co.
Montreal—N. B. Stark & Co., Canada Indust.
Bond Corp., Ltd., C. Hallett & Co.
EASTERN LEATHER CO. Ist 5s.
annually to Jan. 1, 1926.—F.
Dated Jan. 1, 1906. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$275,000.
Retired—$225,000.
Denomination—Coupon, $1,000.
Trustee—Boston Safe Deposit & Trust Co.
Boston. : :
Organization—Incorporated in Maine, 1906,
to acquire the stock of Winslow & Co., wool
merchants,and Winslow Bros. and Smith Co.,
tanners and manufacturers of sheepskins. The
latter company leases the property covered: by
one mortcane al é
ecure y a first mortgage on la
tanneries located at Norwood, Mass, merane
$25,000 due
_ Earnings—The company pays 7% dividends
on its $2,000,000 oS Stock. °
Worcester—Kinsley & oN dai,
EASTERN MANUFACTURING CO. 1st Serial
_ 5s. Due $60,000 each Feb. 1 to 1918, inc.,
* $75,000 to 1923, inc., $90,000 to 1928, inc.,
,, 3200, 000 to 1932, inc., and $75,000 in 1933.
ee Feb. 1, 1918. Interest payable Feb.
and Aug. 1, at office, yi Trustee.
Authorized—$2, 000
Outstanding—$1, 480, 000.
Retired—$120,
Donita 6 ead $100, $500 and
$1,000. Registerable as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 102 and interest on any
interest date.-
Sinking Fund—$4 for each 1,000 ft. of timber
cut to be applied to the payment of these bonds
as they mature or to their redemption, or to
improvements and betterments at not exceeding
15% of cost.
Organization—Incorporated in Maine, in
1899, and owns timber lands of 100,000 acres,
estimated to bear 400,000,000 ft, of standing
timber, together with lumber, sulphite pulp and
paper mills.
Secured by first mortgage on entire property
of company as above, which has been soumiseé
at $2,600,000. The indenture provides that no
dividends’ shall be paid on the common stock
until $250,000 of these bonds have been re-
deemed and ae only when net quick assets
exceed $500,
Net ate 12/83/18 ose aris $242,318
Interest... oi. cu sees ge eas .. 258,419
Dividends, ete 213, 926
Legal for "Maine e.
Original Market_—-Offered in January, 1913,
by 'E. H. Rollins & Sons, New York, Boston,
Phila., etc., to-yield about 5.88%. —
EASTERN MICHIGAN EDISON CO. Ist 5s.
Due Nov. 1, 1931.—!
Dated Nov. 1, 1906. Tax exempt in Michigan.
Interest pavenke. May and Nov. 1, at Detroit
Edison Co., 30- Broad Street, New York, or at
Security Trust Co., Detroit. -
Authorized—$10, /000,000.
Outstanding—$4, 000,000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 110 and interest on and after
Nov. 1, 1916, upon 60 days’ notice.
Guaranteed as to principal and interest ni
endorsement by the Detroit Edison Co.
Organization—Incorporated in New York i
1907. Owns the entire capital stock ($100, bo
of the St. Clair Edison Co. and the entire i200
000) ate stock of the Washtenaw Light and
Power
Controlled by the Detroit Edison Co., through
ownership of entire ($500,000) capital stock.
The latter company is controlled by the North
American Co.
Secured by deposit of the capital stock of the
two companies mentioned under “Organization.”
The Washtenaw L. & P. Co. owns electric plants
in Ann Arbor and Ypsilanti, Mich. Also secured
by 2 first mortgage on two hydro-electric plants
and water. power rights on the Huron River
between Dexter ‘and Ypsilanti, and one steam
plant.at Mt. Clement, Mich. The company
supplies electricity to 75 cities and towns in
the vicinity of Detroit, Mich. Population
served, about 60,000. Franchises are.reported
either "perpetual ‘or extend well beyond the life
of these bonds. ©
Earnings are included in ‘the reports of the
Detroit Edison Co. 4% dividend is being paid
on the’ $500,000 stock.
Net Earnings (D. a Dsus ‘)
12/381/14..... eran da $2, 821, 563
TMC OR St ise. lye nj evi, sons Ul ieveve: Me ia vs 882,842.
Original Market—$250, 000 “offered in 1910 by
the Security Trust Co., Detroit, at 98}4 and
interest; $500,000 offered in 1912, by same Com-
pany, at par ‘and interest.
Market.
Detroit—First & Old Detroit National Bante,
Security Trust Co., H. W. Noble & Co., W. E.
Moss & Co., Bumpus & Co., W. A. Hamlin & Co.
Chicago-—Hulburd, Warren & |Chandler.
New cork: venntees ‘Gardiner & Co.,
Blodget & Co., R. B. Hathaway & Co., Jones &
pe John D: Curtis & Co., Gude, Winmill
0.
EASTERN OREGON LIGHT & POWER CO.
lst & Ref. 6s. Due Oct. 1, 1929.—F.
Dated October 1, 1909. Interest poyetle
April and Oct..1, at First Savings Bank & Trust
Co., Milwauieeer Wis.
Authorized—$2, 750,000.
Outstanding—$1, 200, 000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—First Savings Bank & Trust Co., Mil-
waukee, Wis.
Redeemable at 105 and interest on any in-
terest date on six weeks’ notice.
Organization—Incorporated in Oregon, 1909,
as a consolidation of the Fremont Power Co.,
the Baker Light & Power Co. and the Grande
Ronde Electric Co,
Secured by a first mortgage on all property,
rights and franchises, now owned or hereafter
acquired. The Company owns all of the avail-
able water power in the vicinity of Baker and
La Grande, and furnishes electric light and
power to those cities and the neighboring towns
of Haines, North Powder, Union, Hot Lake,
Cove, Elgin, Imbler, Alical and Bourne. The
Company also owns four water power plants
having a present maximum development of 3,440
h. p. and a steam power reserve plant of 600 he p.
at Baker City; also 180 miles of transmission
lines. Franchises extend, with one ezeeption,
beyond the term of these bonds. Population
served, 16,400.
Net Earnings, 6/80/18........... $125,283
Interest on bonds.. 72,000
Original Market—Offered in 1909 by The
Marshall & Ilsley Bank, Fidelity Trust Co. (now
First Savings Bank & Trust Co.), and Tweedy,
‘Underwood & Edgar (now Edgar, Ricker & Co.),
all of Milwaukee, at yer ane aod interest.
New York—A. ES Pitkin & Co., Gude, Win-
mill & Co.
Chicago_—Hulburd, Warren & Chandler.
Milwaukee—First Savings Bank & Trust Co.,
Edgar Ricker & Co. |
EASTERN PENNSYLVANIA POWER CO. ist
& Ref. 5s. Due Oct. 1, 1939.—.
Tax exempt in Pennsylvania.
Dated August 1, 1909. Interest payable
April and Oct. 1, at Commercial Trust Co.,
Philadelphia.
Authorized—$4,000,000.
Outstanding—$1,670,000.
Retired—$13,000.
Denomination—Coupon,
Registerable as to principal or fully registerable.
~‘Trustee—Commercial ‘Trust:Co., Philadelphia.
' Redeemable at 105 and interest on Aug. I,
1914, or on any interest date thereafter.
Sinking Fund—Annual cash payment amount-
ing to following percentages of total issued bonds
and those reserved to retire prior liens: years
1918 to 1918, inc., 4%; 1919 to 1928, ine., 1%;
1929 to 1938, such ratable’ amounts as will
$1, 000 and $500.
273
retire, 30% of issued bonds by maturity. This
sinking fund is to be applied to the purchase.or
redemption of bonds at not exceeding 105 and
interest. In addition annual cash payments of
4% of ified bonds beginning Oct. 1, 1914, are
to be applied to renewals or to the te eahaie of
these bonds pending the renewals.
Organization—Incorporated in Pennsylvania
in 1909 and has acquired by purchase the prop-
erties of a number of. electric light and power
companies operating in northeastern Pennsyl-
vania. Also owns the entire capital stock of the
Warren County Power Co. of Columbia, N. J.
Controlled ‘through stock ownership by the
Atlantic Gas & Electric'Co. This company is
now in the hands of receivers and a menmganied:
tion is being effected. i
Secured by a mortgage on 8 electric generating
stations, comprising five steam plants and 3
Ahydro-electric plants, and real estate in connec-
tion therewith, together with valuable riparian
rights. The. company furnishes ‘all the electric
current used for commercial lighting and power
in 27 cities and towns of which the most impor-
tant are Easton and Bangor, Pa., and Phillips-
burg and Dover, N.'J:: Population served,
92,000... Franchises, with:one minor exception,
are perpetual.
Prior Liens—$120,000 ‘Easton Power Co. 58
of 1940, and $125, 00 Bernards Electric Co.
Guar. 58 of 1971.
Net Earnings, 12/31/12 $230,745
. Interest on bonds....... 105,750
Original Market—Offered in 1941. ‘by Meikle-
ham:& Dinsmore, New York and Boston, at 95
and interest, and in 1912, by Lee, Higginson &
Co., New ‘York and Boston, at 96 and interest.
Market.
New York—Lee, Higginson & ces Meikleham
& Dinsmore, Bull & he R._B. Hathaway
& Co.,.Geo. H. Burr & Co., J. H. Howell & Co.,
Gude, Winmill & Co.
. Philadelphia—Meikleham, Dinsmore &. Co.,
Borden ‘&: Knoblauch, C. D. Barney & Co.,
Cassatt & Co.,. Graham & Co., Elkins, Morris &
Co., Chandler Bros. & Co., Oscar R.- Dare,
Robt. D. Ghriskey & Co. oa
Boston—Lee, Higginson & Co., James A.
Hutchinson. & Co., L. Sherman Adams.
EASTERN PENNSYLVANIA. RAILWAYS CO.
1st 5s.. Due July 1, 1936.—F.
Dated July. 1, 1906.. Tax exempt in Pennsyl-
vania. Interest payable Jan. 1 and July 1 at
Central Trust ey, A York. j
Authorized—-$6,000,000.
_ Outstanding—$3, 18, 500.
Held in Treasury—$271, 000. ;
Denomination—Coupon, ' $500 and $1, 000.
Registerable as to principal or fully registerable.
Registered, $1,000 and $10,000. C. & R. inter-
wee
. Trustee—Central Trust Co.,; New York.
Redeemable at 110 and interest on four weeks’
notice.
“Organization—Incorporated ° in Pennsylvania
in 1891 as. the Tamaqua & Lansford. Street Ry.
Co. Present name adopted in 1906. The com-
pany owns practically the entire capital stock
of companies owning the traction and electric
lighting properties in Schuylkill County, Pa.,and
vininity.
Management—J. G. White Management Corp.
Secured by a first lien subject to $438,000
outstanding bonds on the capital stock. of sub-
sidiary companies owning 70 miles of electric
railway track connecting Pottsville with York-
ville, Minersville, Palo Alto, Belmont, Mount
Carbon, Port Carbon, Saint Clair, New Phila-
delphia, Middleport, Schuylkill Haven, Adams-
dale, Orwigsburg, Coal Castle, Glen Carbon,
Tumbling Run, Brocton, Tuscarora, Tamaqua,
Lansford, Summit Hill, . eens and
Mauch Chunk, Pa. Also on plants supplying
electric lighting to these towns and gas to Tam-
aqua. Any stocks and bonds of: subsidiary com-
panies hereafter acquired’ are to be deposited
under this mortgage. Total. population served,
over 100,000. Franchises are largely perpetual.
Prior ‘Liens—$445, 000 bonds of absorbed -com-
panies.
. Net Earnings, 6/30/14......... meet 229
Interest)... 0... ese cae nceeenee os 0,820
Original” Market First offered by ‘Julius
Christensen. & Co., Philadelphia, Also offered
in Jan., 1912, by A. E. Fitkin & Co., New sacs
at prices to ‘yield over 6%.
Market.
New York—Engineering Securities Corp.,; A.
E. Fitkin & Co., J. K. Rice, Jr.. & Co., Cogge-
shall & aoe Coffin &. Co., F, H. Hatch & Co.,
. A. k'& Co., Lamarche & Coady, Kirk-
patrick & Lauds, S. L. Snowden, Berdell Bros.,
R. B. Hathaway & Co., Vickers & Phelps. ,
Boston—F. W.. Mason & Co.
.Philadelphia—Geo. N. Fleming,,, Oscar R.
Dare, Frazier & Co., E. V. Kane & Co., Robt.
D. Ghriskey & Co., Reed A..Morgan & Co,
EASTERN POWER &. LIGHT CORP. Convert-
‘ible 5s. Due March 1, 1918.—F.
Tax refunded in Perinsylvania.
-Dated March 1, 1913. Interest payable March
and Sept. 1 in New York.
Authorized and Outstanding—$2, 350, 000."
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
é Trustee—Equitable Trust Co., ‘New York.
Redeemable at’ 101 and interest on any
interest date upon 30 days’ notice.
Convertible on or after March 1, 1917, into
the 7% cumulative Bartigpsiiay. preferred stock
of the Company at par.
Organization—Incorporated under the laws of
Virginia and has acquired public aS proper-
ties in the States of Vermont, N. H., Penn., W.
Va. and Ind.”
Fo mnaeement WW: S. Barstow & Co., New
ork.. .
Secured by deposit of $750,000 Ten-Year
Debenture: 63 and $2,650,000. common stock of
the Reading’ Transit. & Light Co., operating all
the electric lighting and power business in
Reading and Lebanon, Pa., serving a population
of about 200,000, and electric urban and inter-
urban railways in four counties of Southern Penn.;
$1,250,000 common stock of the West Virginia
Traction & Electric Co., owning a part of the
electric railways in Wheeling, W. Va., electric
lighting, gas and water utilities in Elm Grove
and other suburbs, together with an amusement
park of 33 acres ane. corner real estate adjacent
to Wheeling; $350, first mortgage 5s and
$270,000 common ae of the Colonial Power
& Light Co.; $200,000 Ist 5s, $100,000 6%
preferred stock and $600,000 common stock of
the Claremont Power Co.; $150,000 1st 5s and
$146,000 stock of the Claremont Railway &
Lighting Co.; these three. companies own and
operate steam and hydro-electric generating
stations, transmission and distributing systems
at Cavendish, Manchester and Springfield, Vt.,
Claremont, N. H., and vicinity, serving a pop’ u-
lation of 140,000; $175,000 1st 5s and $300, 500
stock of the City lec. Lighting Co. of Vincennes;
and $40,000 stock of the Vincennes Elec. Co.;
these two companies own and operate theentire
electric lighting business of Vincennes, Ind.;
serving a population of 16,000. The above
securities constitute all outstanding of each com-
pany except West Va. Traction & Elec. Co., of
which a large majority of the stock will be ac-
gulzed. and 140 shares of Claremont Ry, &
ighting Co. Franchises, with minor excep-
tions, are perpetual, except in Vincennes, where
they expire in 1931 and 1927. ‘is
274
Net Earnings, 12/31/12
stituent companies) . 5
Interest on bonds... Sgseadaui vane ’
Original Market—Offered in March, 1913
by Wm. P. Bonbright & Co. and Spitzer, Rorick
& Co., New York at 95 and interest. *
: Market. ; :
Boston—H. L. Nason & Co.
New _York—S. L. Snowden, Berdell Bros.,
Gude, Winmil!l & Co.
Philadelphia—Oscar R. Dare.
EASTERN RAILWAY CO. OF MINNESOTA
Rocthess, Div. Ist 4s. Due April 1, 1948.
(con-
~ See pe 54.
Dated April 1, 1898. Interest payable April
and Oct. 1, at Great Northern office, 32 Nassau
Street, New York, and at office of Lee, Higginson
& Co., Boston,
Authorized—$15,000,000.
Outstanding—$9,695,000 (Closed mortgage).
Denomination—Coupon, $1,000. ‘Registerable
as to principal only, or fully registerable. Regis-
tered, $5,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest at any time
after April 1, 1928, on three months’ notice.
Assumed by the Great Northern Ry. Co.
Organization—Incorporated in 1887 in Minn.
and in 1902 was leased to the Great. Northern
Railway, which merged the company and ac-
quired the property in 1907. ‘
Secured by a first mortgage on (6) 284 miles
of road in Minnesota from Hinckley to Dujuth
and Boyleston to Fosston, forming the outlet to
Lake Superior: for the tonnage of the Great
Northern Iron Ore Properties together with ter-
minals and dockage property in Duluth and West
Superior. These bonds are outstanding at. the
rate of $34,000 per mile. .
Underlies—$35,000,000 Great Northern 1st
& Ref. 414s of 1961, which provide for the re-
tirement of this issue. ie
Listed on the New York Stock Exchange.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J.. N. Y., R. I.
and Wis.
Original Market—Offered in May, 1909,
by Clark, Dodge & Co., Moffat _& White (now
White, Weld & Co.), and Lee, Higginson & Co.
at 10134 and ae ‘
; rket. eee
New York—Blodget & Co., Coffin & Co.,
Potter, Choate-& Prentice, Hartshorne & Battelle,
Wood, Struthers & Co., Peck, Rasmus & Trues-
dale. :
EASTERN STEAMSHIP CoO. 1st S. F. 5s. Due
May 1, 1927.—F. . ’
Dated May 1, 1902. Interest payable May
and Nov. 1, at First National Bamk, Boston.
Authorized—$3,000,000.
Outstanding—$2,146,000. ‘
Retired by Sinking Fund—$854,000. _
ao $1,000.' Registered,
3000.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 110 and interest on any interest
date on 4 weeks’ notice in numerical order.
Sinking Fund—$170,000 annually Jan. 1,
1918, to Jan. 1, 1924, and $86,000 annually
thereafter. :
Control—Merged into the Eastern Steamship
Corporation. This company was formerly con-
trolled by the New York, New Haven & Hart-
ford R. R. Co. In accordance with the judg-
ment eritered by agreement between that com-
pany and the United States Department of Jus-
tice, this company was segregated. As the com-
pany had formerly looked to the N. Y., N. H.
& H. R. R. Co. to take care of its financial
arrangements, and as this was no longer possi-
ble, pressing demands for money which it was
unable to meet forced the company into receivers’
hands in Oct., 1914. The floating debt was re-
ported at about $1,120,000, of which $730,000
was in notes. : ;
_ Secured by a first mortgage on all the property
formerly belonging to the company and including
steamships running from Boston to Rockland,
Bangor, Bar Harbor and a number of other points
in Maine and St. John, N. B.
Underlies—$5,700,000 Eastern Steamship
Corp. First Refunding 5s which provide for’ the
retirement of this issue.
Net Earnings, 12/31/14.... .. $226,049*
nterest and rentals............. 286,614
*Compares with $327,412 in 1913.
Original Market—Offered in 1902, by Hayden,
Stone & Co., New York and Boston, at 105 and
interest.
Market.
Boston—Hayden, Stone & Co., Geo. A.
Fernald & Co., Hotchkin & Co., Kuhn, Fisher &
Co., Burgess, Lang & Co., L. Sherman Adams.
Portland—Maynard S. Bird & Co.
New York--A. E. Fitkin & Co., Burgess,
Lang & Co., Coffin & Co., F. H. Hatch & Co.,
Hornblower & Weeks. :
THE EASTERN STEEL CO. ist S. F. 5s. Due
ug. 1, 1931.—F.
Tax exempt in Pennsylvania... aa
Dated August 1, 1906. Interest payable
acl and Aug. 1, at Columbia Trust Co., New
ork.
Authorized—-$3,000,000.
Outstanding—$2,341,000.
Retired by Sinking Fund—$359,000.
In Treasury—$300,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 110 and interest after Aug. 1,
1916, upon six weeks’ notice.
. Sinking Fund—$60,000 annually, beginning
Aug. 1, 1909, to be used for the purchase or
redemption of these bonds at not exceeding 110
and interest. te 3 :
Organization—Incorporated in Pennsylvania
as successor to the Eastern Steel Co., which in
turn was successor to the Pottsville Iron & Steel
Co. Leases the Warwick Iron & Steel Co. for 99
years with privilege of purchase. Rental 8% on
$1,500,000 stock. ; “
| Secured by first mortgage on Company’s plant
at Pottsville, Pa., covering 50 acres and con-
sisting of 6: open-hearth furnaces and_ structural
steel rolling mills with a finished product capa-
city of 20,000 tons a month. The company
pis and leases over 20,000 acres of ore land in
Registerable
Ae "
Net Earnings, 12/31/13.......... $792,630*
Interest on bonds...............5 19,280
*Prior to lease of Warwick Iron & Steel Co.
net earnings averaged about $450,000 per
annum. é :
Original Market—Offered in 1911 by William
Morris Imbrie & Co., New York, at 94 and
interest.
Market.
New York—J. K. Rice, Jr., & Co., Bigelow
& Co., A. E. Fitkin & Co., H. Duncan Bulkley,
Wm. A. C. Ewen, F. H. Hatch & Co.
EASTERN TEXAS ELECTRIC CO. ist Mtge.
Coll. Tr. 5s. Due Noy. 1, 1942.—F.
Dated November 1, 1912. Interest payable
May and Nov. 1, at State Street Trust Co.,
Boston.
Authorized—Additional bonds may be issued
up to’ 75% of the cost of permanent improve-
ments, etc.
Outstanding—$1,040,000.
Held in Treasury—$160,000.
Denomination—Coupon, $1,000 and $500.
275
Registerable as to principal or fully registerable
Registered, $5,000 and multiples thereof.
Trustee—State Street Trust Co., Boston.
Redeemable as a whole or in part for sinking
fund at 105 and interest on any interest date.
Sinking Fund—1% of all outstanding bonds,
beginning Nov. 1, 1917, and annually thereafter,
this fund to be applied to the purchase or redemp-
tion of these bonds at not exceeding 105 and
interest.
Organization—Incorporated in Maine 1911 as
a holding company.
Management—Stone & Webster.
Secured by lien on the properties of the
Beaumont Electric Light & Power Co., Port
Arthur Ice & Refrigerating Co., Port Arthur
Light & Power Co., Jefferson City Traction Co.
and Jefferson County Traction Co. through
deposit of the entire capital stocks and all of the
outstanding bonds of these companies. These
companies do the entire electric light and power
business in Beaumont and Port Arthur—an ice
and refrigerating business in Port Arthur, the
entire electric railway business in Beaumont,
and own and operate 20 miles of interurban
railway between Beaumont and Port Arthur.
Estimated population served Jan. 1, 1914,
railway, 40,200; light and power, 39,700.
Franchises—Important franchises in Beau-
mont extend to 1963 and in Port Arthur to 1943.
Fy aaa aad 6% notes due July 1,
Net Income, 12/31/14: $271,163
Interest. 2
Original Market—O:
interest by Stone & Webster, New York and
Boston.
: Market. c
New Haven—Chas. W. Scranton Co.
Boston—L. Sherman Adams, Stone & Webster.
Utica, N. Y.—A. James Eckert.
EASTERN TEXAS ELECTRIC COMPANY
Three-Year 6% Notes. Due July 1, 1916.—
F.
Dated July 1, 1913.
and July 1 at office of
Authorized—$500,000.
Outstanding—$500,000. :
Denomination—Coupon, $500 and_ $1,000,
interchangeable. Registerable as to principal.
Trustee—State Street Trust Co., Boston.
Redeemable as a whole at 100 and interest on
80 days’ notice.
Organization—Incorporated in 1911 and owns
all the outstanding securities of the companies
doing the entire electric lighting and power
business in Beaumont, Texas, and Port Arthur,
Texas, together with an ice manufacturing and
refrigerating business in the latter city. It also
owns all the stock and $200,000 of the $600,000
bonds of thecompany doing the entire electric
railway business in Beaumont and all the securi-
ties of a company constructing a 20 mile inter-
urban electric railway between Beaumont and
Port Arthur.
Management—Stone & Webster, Boston.
Security—A direct obligation of the company,
but not secured by mortgage or collateral.
Franchises for lighting and power in Beaumont
expire in 1963, in Port Arthur 1943, electric
railway franchise in Beaumont 1961. Inter-
urban electric railway will be almost entirely
on private right of way. Population served
Interest payable Jan.
Trustee.
Prior Liens—$1,040,000 bonds.
Net Income, 12/31/14..........
Interest... acs wens a imaabkas ot 101,639
Original Market—Offered by Stone & Webster
July, 1913, at 984.
Market.
Boston—Stone & Webster.
New York—Gude, Winmill & Co.
276
EASTERN WISCONSIN RAILWAY & LIGHT
CO. Ist 58. ‘Due Oct. 1, 1923.—F. a
Dated Oct. 1, 1908. Interest payable April
and Oct. 1 at office of Trustee.
Authorized—$1,500,000.
Outstanding—$1,196,000.
Denomination—Coupon, $1,000.
Trustee—First Savings Bank & Trust Co.,
Milwaukee, Wis.
Redeemable on any interest date at 103 and
interest on six months’ notice. .
Organization—Incorporated in Wisconsin in
1903 as a consolidation of the Fond du Lac St.
Ry. & Lt. Co. and the Fond du Lac & Oshkosh
Elec. Ry. Co. Also owns the entire $350,000
capital stock and guarantees $801,000 bonds
(authorized $1,500,000) of the Wisconsin Elec,
Ry. Co. owning 46 miles of interurban road. ,
Secured by a first mortgage on 20 miles of
interurban railway between Fond du Lac and
Oshkosh, Wis., and a second mortgage on 7
miles of street railway in Fond du Lac and on
plants supplying that city with gas and electricity.
Population served: Fond du Lac, 25,000; Osh-
kosh, 35,000. Franchises expire in 1947 and 1951,
Prior Liens—$187,500 Fond du Lac St. Ry. &
Lt. bonds, which this issue provides to retire.
Net Earnings, 11/30/14. $122,898
Interests sccssie wuwaews ox eestiag 62,651
Market.
Chicago—Hulburd, Warren & Chandler.
Milwaukee—Edgar, Ricker & Co., First Say-
ings Bank & Trust Co., John E. DeWolf Co.
Philadelphia—Battles & Co.
EASTON & AMBOY RAILROAD CO. Ist 5s
Due May 1, 1920.—F.
See Map 59.
Dated May 1, 1880. Interest payable May
and Nov. 1, at Philadelphia office, 228 S. 3d
Street. ©
Authorized and Outstanding—$6,000,000,
Denomination—Coupon, $1,000.
Trustee—The Provident Life & Trust Co.,
Philadelphia; Pa. _ ‘ .
Guaranteed principal and interest by Lehigh
Valley R. R. Co. :
Control—Merged in 1902 into the Lehigh
Valley R. R. Co. of New Jersey. The entire
capital stock ($2,506,000) of the latter company
is owned by the Lehigh Valley R. R. Co. and
deposited under its Gen. Cons. 4s of 2003.
Secured by first mortgage on (1) 69 miles of
road extending with branches from Phillipsburgh,
N. J., to Staten Island Sound at Perth Amboy,
N.J., and forming part of the Lehigh Valley
main line extending from New York to points in
Pennsylvania. ‘These bonds are outstanding at
the rate of $87,000 per mile.
Refunding—Lehigh Valley R. R. Co. Gen.
Cons. 4s of 2003: provide for the retirement of
this issue, which may be extended two years.
Legal for Fla., Me., Mich., Minn., N. H.,
and R. I. :
Listed on the Philadelphia Stock Exchange.
Market.
. Philadelphia—Edward B. Smith & Co., Geo.
S. Fox & Sons, E. W. Clark & Co., Borden
& Knoblauch, Montgomery, Clothier & Tyler,
Henry & West, Chas. D. Barney & Co., C. C.
Harrison, Jr., & Co., Geo. N. Fleming, Brown
Bros. & Co., Mellor & Petry, Chas. Fearon & Co.,
Frazier & Co., R. Glendinning & Co., Elkins,
Morris & Co., Reilly, Brock & Co., Graham & Co.,
S. K. Phillips, Reed A. Morgan & Co. . E
New York—Percy H. Bradshaw, Bigelow &
Co., Coffin & Co., F. H. Hatch & Co., Kean,
Taylor & Co., Plympton, Gardiner & Co., J. A
Clark & Co., Wood, Struthers & Co., B. H. &
F. _W. Pelzer, Kirkpatrick & Lewis. a
Boston—Hotchkin & Co.
Newark—J. S. Rippel.
EASTON & SOUTH BETHLEHEM TRANSIT
CO. Ist 5s. Due July 1, 1936.—F.
Tax exempt in Pennsylvania.
‘Dated July 2, 1906. Interest payable Jan.
and July 1, at E. B. Smith & Co., Philadelphia.
Authorized—$500,000.
Outstanding—$442,000.
Retired by Sinking Fund—$34,000.
Denomination—Coupon, $1,000 with privilege
of registration of principal.
Trustee—Girard Trust Co., Philadelphia, Pa.
_ Redeemable on any interest date at 105 and
interest.
Sere Fund—$5,000 per annum from June
Guaranteed principal and interest by Easton
Consolidated Elect. Co. by endorsement.
Control—Absorbed by Easton Transit Co.,
all of whose stock is owned by the Easton Consol.
Electric Co. and deposited under its Coll. Tr. 5s
of 1949. The latter company is controlled
through stock ownership by the Lehigh Valley
Transit Co.
Secured by a first mortgage on 12 miles of
electric railway between Easton and South
Bethlehem, Pa. Population served, 50,000.
Net Earnings, (E. Cons. El. Co.)
12/31/14 se 6 eae s Aahoosys $150,867
Interest, taxes, etc............. 480
Original Market—First offered by Edward
B. Smith & Co., Philadelphia and New York.
ae Market.
Philadelphia—Bioren & Co., E. B. Smith &
Co., R. Glendinning & Co.
EASTON (PA.) CONSOLIDATED ELECTRIC
CO. Coll. Tr. 5s. Due May 1, 1949.—F.
Tax exempt in Pennsylvania.
Dated May 1, 1899. Interest payable May
1 and Nov. 1, at Trustee’s office.
Authorized—$1,300,000.
Outstanding—$1,237,000.
Denomination—Coupon $1,000.
as to principal. _. ;
Trustee—Girard Trust Co., Philadelphia.
Organization and Control—Incorporated in
Pennsylvania. All of the stock is owned by the
Lehigh Valley Transit Co.
Secured by deposit with trustee of the follow-
ing stocks: $2,150,000. (entire issue) Easton
Transit Co.; $307,925 of total of $308,055, Edison
Illuminating Co.; $120,000 (entire issue) Penn-
sylvania Motor Co. These companies do the
entire street_railway and part of the electric
business in Easton, Pa., and vicinity. Popu-
lation served, 75,000...
Prior Liens—-$200,000 1st 5s of Easton, Palmer
& Bethlehem Elec. Co.; $60,000 Pennsylvania
Motor Co. 1st 6s, and $442,000 Easton & South
Bethlehem Transit 1st 5s.
Net Earnings, 12/31/14........ . $150,867
Interest, taxes, etc............- 67,480 |
Underlies—$925,000 Lehigh Valley Transit
Coll. Tr. 5s secured by deposit of all of the stock
of this company.
Listed on Philadelphia Stock Exchange.
Original Market—Offered arch, 1910, at
98 and interest by Edward B. Smith & Co., New
York and Philadelphia. ~ ;
Market. |
Philadelphia—Bioren & Co., E. B. Smith &
Co., Harper & Turner, M. M. Freeman & Co.,
Osear R. Dare.
Registerable
EATONTON BRANCH RAILROAD CO. Ist 5s.
Due June 1, 1926.—F.
See Map 16.
‘Dated June 1, 1896. Interest payable June
ri Dee. 1, at office of the company, Savannah,
Be :
Authorized and Outstanding—$168,000.
Denomination—Coupon, $500. Registerable
as to principal.
277
Prunise—Savannab Bank & Trust Co., Savan™
nah, Ga.
Redeemable at par at any time on four weeks’
notice. ;
. Assumed by the Central of Georgia Ry. Co. |
Control—Merged into the Central of Georgia
Ry. Co., which is controlled by the Illinois
Central R. R. Co. through ownership of entire
capital stock.
Secured by a first mortgage on (8) 21 miles of
road from Eatonton to Milledgeville, Ga.
_ Underlies—$19,000,000 bonds. Retirement of
issue provided for under Cent. of Ga. General
& Refunding Mortgage.
EAU CLAIRE GAS LIGHT CO. Ist 5s.
April 1, 1925.—F.
Dated April 1, 1905. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$250,000.
Outstanding—$250,000.
Denomination—Coupon, $500 and $1,000, with
privilege of registration of principal.
Due
Trustee—Merchants’ Loan | Trust Co.,
Chicago.
Redeemable on or after April 1, 1915, at 103
and interest.
Sinking Fund—2 % per annum of outstanding
bonds, beginning 1911. fis
Organization—Incorporated in Wisconsin in
Secured by a first mortgage on plant supplying
gas to Eau Claire, Wis. Population served,
20,000. Franchise perpetual. :
Net Earnings, 12/31/13.......... $36,280
Interest and taxes............... 17,760
Original Market—First offered by Devitt,
Tremble & Co., Chicago, at par and interest
June, 1905.
Market.
Chicago—Devitt, Tremble & Co.
New York—A. E. Fitkin & Co.
ECONOMY LIGHT & POWER CO (JOLIET,
ILL.) Ist S. F. 5s. Due Dec. 1, 1956.—F.
Dated December 1, 1906. Interest payable
June and Dec. 1, at Redmond & Co., New York,
or Central Trust Co. of Illinois, Chicago.
Authorized—$3,000,000.
Outstanding—$1,468,000 (closed mortgage).
_ Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co. of Illinois, Chicago.
Sinking Fund—Commencing December 1,
1916, and annually 1% of outstanding bonds,
to purchase these bonds at not over 110 and
interest, or if not so obtainable to be invested
in securities legal for investment for New York
State Savings Bank.
Control—Absorbed by the Public Service Co.
bel eee Illinois, which has assumed these
onds.
Secured by a first mortgage on all property,
rights and franchises of the Economy Light
& Power Co., which formerly did: the entire
electric lighting of Joliet, Lamont, Rockdale,
Plainfield and New Lenox, Ill., and owned a
transmission line to Chicago. The. property,
included a hydro-electric pan at Joliet, Ill.,
and on two other hydro-electric plants on the Des
Plaines River. Franchise in Joliet is perpetual,
in Rockdale and Lamont expire in 1947 and in
Plainfield and New Lenox 1956.
Underlies—$9,728,000 The Public Service Co.
of Northern Illinois lst & Ref. 5s of 1956, a suffi-
cient amount of which bonds has been reserved
to retire this issue.
Net Earnings, P. S. C. N. I.,
92/31 714 cass aceracevex eves $3,000,214
Triterest: oc scceass ged negh ee tas 1,461,461
THiS (6808) occ coco nv sean saber 975,061
Original Market—Offered in 1909, at 98 and
interest, by Redmond & Co., and in 1910, by N.
W. Halsey & Co., New York.
Market. -
New York—E. & C. Randolph, Heiiients &
Co., Berdell Bros., N. W. Halsey & Co., Russell,
Brewster & Co.
Chicago—J. B. Sardy & Coes H. T. Holtz &
Co., Alfred L. Baker & Co., Union Trust Co.,
Halsey & Co., Hornblower & Weeks, E. T.
Konsberg & Co.
Boston—Walter S. Place, F. B. Bassett & Co.
Warner, Tucker & Co.
EDISON ELECTRIC CO. Soe vee
Ist & Ref. 5s. Due Feb. 1, 1943.—
Tax exempt in Pennsylvania.
Dated Feb. 1, 1913. Interest payable Feb.
and Aug. 1 at office of Trustee.
Authorized—$5,000,000.
' QOutstanding—$1, 000, 000. -
Denomination—Coupon, $100 and $1,000.
Registerable as to principal. ee
Trastee—Lancaster Trust Co., Lancaster, Pa.
a mpm at 105 and interest on any interest
late.
Organization—Incorporated in Penn. in 1911
as.a consolidation of a number of light and power
companies of Lancaster.
Control—Entire stock owned: by Lancaster
County Ry. & Light Co., all of whose stock is
owned by United Gas &- Electric Corp.
‘Secured by mortgage upon the entire property
of company which does the entire electric light
and power business in the city and county of
Lancaster, Pa., with the exception of a few small
villages served by local plants. Franchise
a rg as perpetual. Population served,
0
“- 5, Prior Liens—$415,800 bonds. -
* Net Earnings, 12/31/14...... se aNy $246, 331
~ Interest Es degibiss ongsians sean eg 3e Gy eerealy
Original Market—Offered 1913 by Messrs.
Bertron, Griseom & Co., New York and Phila.,
and Montgomery, Clothier & Tyler, Phila., at
99 and interest.
Market.
New York—Bertron, Griscom & Co.
. Philadelphia—Montgomery, Clothier & Tyler,
Bertron, Griscom & Co., Wurts, Dulles & Co.,
Wistar & Stokes, Oscar R. Dare, Reed & Huntoon.
(THE) EDISON ELECTRIC CO. OF LOS ANGE-
‘LES, CAL., lst & Ref. 5s. Due Sept. 1,
1922.—F.
Dated Sept. 1, 1902. Interest payable March
1 and Sept. 1 at Harris, Forbes & Co., New York,
or at Los Angeles Trust Co.
Autherized—$10,000,000.
-, Outstanding—$3, 194; 000.
Cancelled—$6,229, 000 by. Sinking Fund or
exchanged for Southern California Edison Gen.
5s of 1939.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Los Angeles Trust Co., Los Angeles,
Malleeisibla at 110 and interest on any interest’
late. ‘
’ Sinking Fund—Annually 1%: of ‘outstanding
bonds on and after Sept. 1, 1909. From Sept. 1,
1907 to 1909, the amount was 10% of net earn-
ings.
- Organization and Control—The Edison Elec-
tric Co. was a consolidation of the Pasadena
Electric Light & Power Co., Santa Ana Gas &
Electric Co., Redlands Electrie Light & Power
Co., United Electric Gas & Power Co., Mountain
Power Co., Los Angeles, Southern California
Power Co., California Power Co., Edison Power
Co., Los Angeles, Pomona & Ontario Light &
Fuel Co., Whittier Light & Fuel Co., Colton Gas
Co. and People’s Gas Co. of Monrovia and the
Riverside Light & Fuel Co. In 1909 the eps
and electric properties were taken over by t
Southern California Edison Co.
Secured by a mortgage on all the property
278
formerly belonging to fhe eaaca Electric Co.
Franchises’ are without time limit
Prior Liens—$390,000 Ist 5s of 1929; $139,000
United Electric Gas & Power-Co. Ist 5s of 1920,
and over- $60,000 6% bonds of other subsidiaries.
Underlies—$13,360 Southern California Edison
Gen. 5s of 1930 which provide for the retire-
rent of this issue and ee prior liens.
Net Earnings (S. C. E. Co.)
T2730 JUG osece ws sessoncscncmcese ccnrecese © $2, 522, 976
Interest iscccacisaasocusanwccmine-tereve 2,010
Listed on the San Francisco Stock & Bond
Exchange.
Original Markers erst offered by E. H.
Rollins & Sons, N. W. Harris & Co., Perry, Coffin
& Burr, Boston, Harris, Forbes & Co., New York,
and Harris Trust & Savings Bank, Chicago.
Market.
New York—Bigelow & Co,, Berdell Bros.,
E. H. Rollins & Sons, ‘Coffin & Co., Harris,
Forbes & Co., E. F. Hutton & Co., R. B. Hatha-
way & Co., Byrne & MeDonnell.
. Boston—W. L. Raymond & Co., N. W. Harris
& Co., Inc., F. B. Bassett & Co.
Los Angeles—Wm. R. Staats Co.
Chicago€ aac Trust & Savings Bank, Stan-
wood, Taylor & Co., Ames, Emerich & Co.
Philadelphia—Barelay,- Moore & Co.
Providence—Brown, Lisle & Marshall.
Baltimore—Robert Garrett & Sons.
Fae x
EDISON ELECTRIC CO. OF NEW ORLEANS
1st 5s. vue Jan. 2, 1929.—
Dated July 1, 1899. Interest payable Jan.
and July 1, at steestee 8 office or Harris, Forbes
& Co., New Yi
tia 500 000.
Outstanding—$2, 309, ,000.
Retired by Sinking Fund—$191, 000.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Bnavori;
is Sming Fund—1% per annum of outstanding
onds
Assumed by New Orleans Ry. & Lt. Co.
Control—Absorbed by New Orleans Ry. &
Lt. Co., which is controlled by American Cities
Company.
Secured by a first mortgage on plants supply-
ing electricity to a part of New Orleans, La.
This mortgage covers all of the past acquired up
to 1905. Franchise is perpetual. :
Underlies—$3,581,000' New Orleans Ry. & Lt.
Co. Ref. & Gen. 5s of 1949 and $17,544,000 Gen.
4s of 1935 both of which provide for the retire-
ment of this issue and es 250,000 6% Debs.
Net Earnings (N. O. Ry. & Lt.
Co.) 12/31/14.......,...... $2,659,630
Interest on bonds. . a -1, 740, TAT
ID HIS ASS Wels eccsrycasaiaysencisoes eneievagens ‘ 72,217
Listed on the New ere Stock Exchange.
Original Market—First offered by N. W.
Harris & Co., Boston, and Harris, Forbes & Co.,
New York, at 106 and interest.
Market. .
New York—W. E. Hutton & Co., Harris,
Forbes & Co., Bertron, Griscom & Co., John D.
Curtis & Co.
Philadelphia—Chas. Fearon & Co.
Chicago—Harris Trust & Savings Bank.
seeon W. Harris & Co., F. B. Bassett &
“New Orleans—Claude M. Mf. Smith & Co.
a ELECTRIC ILLUMINATING CO. OF
OCKTON, MASS., Ist 5s. Due Dec. 1,
TsO.
Dated Dec. 1, 1900. Interest payable June
and Dec. 1, at Trustee's office.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000. Registerable
as. to principal.
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Redeemable on any interest date at 110 and
interest.
Organization—Incorporated in 1884 in Massa-
chusetts and has absorbed several. electric
lighting properties.
Management—Stone & Webster Management
Association.
Secured by a mortgage on plants supplying
electricity to Brockton, Bridgewater, Stoughton,
Mass., and vicinity. Population served, about
96,000. Company has four power stations.
Franchises are perpetual.
Underlies—$30,000 5% notes of 1921.
Prior Liens—$33,000 5% bonds of constituent
companies which this company has assumed.
Net Earnings, 12/31/14......... 164,166
Uaberess cis er4 6% ¥8E4 EE EF enn * 87,467
Original Market—First offered by Perry,
Coffin & Burr, Boston, Mass.
Market.
Boston—Stone & Webster, Perry, Coffin &
Burr.
EDISON ELECTRIC ILLUMINATING CO. OF
BROOKLYN, N. Y. 1st Cons. 4s. Due
Jan. 1, 1939.—F,
Dated Ost. 1, 1898. Interest payable Jan. and
July 1, at Guaranty Trust Co., New York.
Authorized—$10, 000,000.
Outstanding—$4,275,0 00.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—In 1898 control of the company was
acquired by the Kings County Electric Lt. &
Power Co.
. Secured by a first mortgage on the entire
Property of the company which supplies the
Borough of Brooklyn in New York City with
electricity, owning a generating plant and 20
sub-stations. sian tiees | are perpetual.
Net Earnings, 12/31/14 $2,102,854 |
TCL OS sinic, esa's.nieiciais eset tinuserayaie 2,028,537
Listed on the New York Stock ‘Exchange. a
arket.
me. York—Paterson & Co., Leonard F. Hep-
urn, G. eo Walker & Co., Spencer. Trask & Co.,
Giimas’& Clucas, Mabon & 'Co., Wm. A. C.
Ewen, Effingham ina wnente & Co., Low, Dixon
& Co., J. K. Rice, aR Co., L. A Norton, A.
M. Kidder & Ca., R, . B. Hathaway & Co.
EDISON ELECTRIC ILLUMINATING CO. OF
New oe Ist Cons. 5s. Due July 1,
Dated May 1, 1895. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
geuntharized—$15, 000,000 but now limited to
Outstanding—$2,188,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Assumed by the New York Edison Co.
Control—The New York Edison Co, sbiothed
this’ company in 1901. The entire $50,153,400
capital stock of the latter company is owned by
the Consolidated Gas Co.
Secured by first mortgage on fourteen power
stations located in the Borough of Manhattan,
New York City, and by pledge of all the bonds
and stock of the Manhattan Electric Light Co.
and the Harlem Lee Co. Franchises are re-
ported as perpetual
Net Income, 12/31/14....... $18, 667, 148
Teter se ei sapie sk scree ed eroecs-ene gs 4,198,506
Listed on the New, ¥ ork Stock Exchange.
et.
New York—Spencer Trask & Co., L. F. Hep-
burn, Berdell Bros., Low, Dixon & Co., Paterson
& ace Bigelow & Co., J. K.. Rice, Jr., &: Co.,
Coffin & Co., Ci D. Barney & Co., L. A. Norton,
Tobey & Kirk, Cal'away, Fish & Co., Leonard
Snider & Co.; ’ Gude, Winmill & Co. .
Registerable
279
EDISON ELECTRIC ILLUMINATING CO. OF
Fale SON (N. J.) Ist 5s. Due July 1,
Dated | June 20, 1895. Interest payable
dams ery July 1, at First National Bank, Paterson,
ew
‘Authorized—$600, 000.
Outstanding—$585,000.
Denomination—Coupon, $1,000.:
Trustee—Paterson Safe Deposit & Trust Co.,
Paterson, N. J.:
Guaranteed as to interest by lease to Public
Service Electric Co. and by Paterson & Passaic
Gas & Elec. Co.
:Control—Absorbed ‘by Paterson: & Passaic
Gas & Elec. Co. and leased for 900 years from
June 1, 1903,-to Public Service Electric Co., a
supaelety of the Public Service Corp. of New
ersey.
Secured by a first mortgage on plant supplying
electricity to Paterson, on J. Population served
(1910), 125,600.
, Underlies—$4, ,049, 000 Paterson & Passaic
Gas & Elec. Co. Cons.. 6s, which provide for the
retirement of this issue.
Net Hearne: Pub. Service Corp.
TAB/BE/ 14 ese oe cork oo4 ates $17,563,943
Subsidiary Cos. interest and
rentals: i... escccnsoer eda 12,097,109
. Interest, P. S. Corp. epahahuct Shige 3,841,496
arket.
Philadelphia—Border & Knoblauch.
New York—W. E..R. Smith & Co., B. H. &
F. W. Pelzer.
Paterson—F. A. Peters.
EDISON ELECTRIC LIGHT CO. (PHILA.)
5s. Certificates Due April 1, 1946.—F.
Tax free in Pennsylvania.
Dated April 1, 1896. Interest payable Apr.
and. Oct. 1, at Trustee’s office.
. Authorized and Oatstanding—$1, 994 ,300.,
Trustee—Fidelity Trust Co., Philadelp: hia.
a Control—Absorbed by Philadelphia Falectric
O.
Secured by a first lien on ‘entire stock of Edison
Electric Light Co. of Philadelphia.
_ Gross Income (P. E. Co.)
a NAP ON IB lecancscar svc peystasentiersiege $7,815,615 -
Op. Exp., Charges and Depree.. $5, 887, "372
Listed on the Philadelphia Stock Exchange.
. Market.
Philadelohia—Reed A. Morgan & Co,, E. W.
& Co., S. K. Phillips, Wurts, Dulles & Co.
ea Fearon & Co., Reilly, Brock’ & Co., C. D.
Barney & Co., Ervin & Co.
ELECTRIC AND PEOPLES TRACTION. 4%
Stock Tr. Ctfs. Due at the option of the
Uy on Traction Co. on or after Oct. 1, 1945.
‘ Dated. Oct. ce 1895. Tax exempt in Pennsyl-
vania. Interest payable apn 1 and Oct. 1, at
Trustee’s office.
Authorized—$29,735, 940. :
Outstanding—$29, 730,114.
Denomination—Registered $100, $200, $300,
$500 and $1,000. :
‘Trustee~-Pennsylvania Co., for Insurances on
Lives and Granting Annuities, Philadelphia.
Redeemable at par and interest on any inert
date after Oct. 1, 1945.
Guaranteed as to principal and interest by
the Union Traction Co., of Philadelphia. ,
Control—All of the stock of the Electric
Traction Co. and Peoples Traction Ca. is owned
by the Union Traction Co., ,which leases the
properties for 998 years. The Union Traction
Co. is leased for 999 years to the Philadelphia
Rapid Transit Co.
Secured by det osit of. practically the entire
capital stock of the Electric Traction, Co. ($8,-
750,000) and the Peoples’ ‘Traction Co. ($6,000,-
000). These companies control some 135 miles
of street railway in Philadelphia,
Net Earnings (P. R. T. Co.)
GC /BO 14 asec nae. nivedaznaxtdccensed $9,956,567*
Rei tall 8 assis. ssecs-xiads onscassvnian a anceizess 7,484,635
Interestiaicccstsnwecouone cereus 2,161,696
,
*After charging $3,638,372 to maintenance and
renewals.
Listed on Philadelphia Stock Exchange. x
Market. _
Philadelphia—Henry & West, Benson & Pack-
ard, Chas. Fearon & Co., Reed & Huntoon.
ELECTRICAL DEVELOPMENT CO. OF ON-
TARIO Ist 5s. Due March 1, 1933.—N.
Dated March 1, 1908. Interest payable
Mar. and Sept. 1, at Canadian Bank of Com-
merce, Toronto, New York and London.
Authorized—$10,000,000.
Outstanding—$9,924,000. '
Retired by Sinking Fund—$76,000. fs
Denomination—Coupon, $500 and . £102
14s 10d, with privilege of registration of principal.
catustee—National Trust Co., Ltd., Toronto,
an,
Sinking Fund—$1.00 for each electrical
H. P. sold and paid for during preceding calendar
year, to be applied to purchase bonds at not
qrcoeding 110 and interest. Began March,
Control—Practically all of the stock is.owned
by the Toronto Power Co., which is controlled
by Toronto Ry. Co. The Toronto Power -Coi
leases the property and has temporarily assumied
the interest on these bonds.
Secured by first mortgage on hydro-electric
plant at Niagara Falls, Ontario, with transmission
lines to Toronto, and also to various cities in
the United States. Franchise, which is renewable,
expires in 1953.
Underlies— £397,894,000 and $4,000 deb. 44s
of the Toronto Power Co., which are secured
in part by deposit of about four-fifths of the
stock of this company and which provide for the
retirement of this issue.
Listed on the Toronto Stock Exchange.
Original Market—First_ offered by Geo. A.
Stimson & Co., Toronto, Can., at prices ranging
from 9214 to par with 50% stock bonus, Dec.,
1904.
Market.
Montreal—Royal Securities Corp., Ltd.,
Dominion Securities Co. * McCuaig Bros. & Co. ”
W. Graham Brown & ¢
Philadelphia —Penington, Colket & Co.
Toronto—Dominion Securities Co., Ltd.
Goldman & Co., Murray, Mather & Co.
ELECTRICAL SECURITIES CORP. Coll. Tr.
5s, “‘5th” Series. Due Dec. 1, 1937.—F.
Dated Dec. 1, 1907. Interest payable June
and Dec. 1, at Guaranty Trust Co., New York.
Authorized—$1,000,000.
Outstanding—$296,000.
Retired by Sinking Fund—$704,000
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 103 and
interest.
Sinking Fund—The company may retire bonds
at its option, and withdraw deposited securities
up to 116% of bonds retired.
Control—All common stock owned by General
Electric Co.
Secured by deposit of various electric railway,
light and power sor panies: securities having a
par value of $590,000.
Net Earnings, 12/31/13 is sakatiie ... $487,927
Interest i tis cal Pose senna ay ste ior y 188,631
Market.
New York—Harvey Fisk & Sons, J. H. Becker
& Co., Jackson & Curtis, Hartshorne & Battelle.
280
ELECTRICAL SECURITIES CORP. Coll. Tr.,
5s “9th” Series. Due Feb. 1, 1940.—F.
Dated Feb. 1, 1910. Interest payable Feb.
and Aug. 1, at Jaastee 'g Office.
Authorized—$500,00
-Outstanding—$500, 000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., ‘New York.
Redeemable on any interest date at 103 and
interest upon 21 days’ notice.’
Sinking Fund—See “5th” Series.
Control—See ‘‘5th’’ Series.
Secured by deposit of first mortgage bonds,
ageregating $625,000, of various electric railway,
light: and power companies.
Earnings—See 5th Series above.
Original Market—First offered by Jackson
& Curtis, New York and Boston at par, April,
1911
i Market.
Boston—Jackson & Curtis, L. Sherman Adams.
New York—Hartshorne & Battelle.
ELECTRICAL SECURITIES CORP. Coll. Tr.
5s, aaa Series. Due Feb. 1, 1940.—F.
Dated Feb. 1, 1911. Interest payable Feb.
and Aug. 1, at Trustee’s office. ~
Authorized—$1, 000,000. 3 ea
Outstanding—$500, 000.
_Retired by Sinking Pia—$500; 000.
‘Denomination—Coupon, ‘$1,000.
Trustee—Guaranty Trust Co., ‘New York.
Redeemable on any, interest. date at 103 and
interest upon 21 days’ notice. -
Sinking Fund—See “5th” Series.
Control—See ‘‘5th”’ series.
Secured by pledge of first mortgage bonds of
other companies to the aggregate par value of
$625,000.
es Earnings—See 5th Series above.
Original Market—First offered by Jack-
son & Curtis at par and interest Dec., 1911.
Market. |
Boston—Jackson & Curtis. ~
New York—Hartshorne & Battelle.
ELECTRICAL SECURITIES CORPORATION
Er Trust 5s, ‘‘11th” Series. Due Feb. 1,
Dated Feb. 1, 1912. Interest Heyabie Feb.
and Aug. 1, at Guaranty Trust ia ew York.
- Authorized—$500,000.
Outstanding—$500, 000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Redeemable at 103 and interest on any
interest date upon 21 days’ notice.
Sinking Fund—Corporation is obliged to pur-
chase or redeem bonds as follows: $10,000
annually Feb. 1917 to 1921, inc., $15,000 annually
1922 to 1926, inc., $20,000 ‘annually 1927 ta 1931,
inc., $25,000 1982’ to 1942, ine., Seon $475,000
bonds before maturity.
Control—See “5th” Series.
Secured by deposit of first mortgage bonds of
various electric, railway, as and power com-
panies, aggregating $625,000.
Earnings—See 5th Series abov:
Original Market—Offered ata “1912, by Jack-
son & Curtis, New York and Boston at 100 and
interest.
ELECTRICAL SECURITIES CORPORATION
‘Coll. Trust 5s, ‘‘12th”’ Series. Due Feb. 1,
1943.—F.
Dated Feb. 1, 1918. Interest
Aug. 1, at Guaranty Trust Co.,
Authorized—$500,000.
Outstanding—$500,000.
Trustee—Guaranty Trust Co., New York.
Redeemable at 108 and interest on any interest
date upon 21 days’ notice.
Sinking Fund—$10,000 annually Feb., 1918
ayable Feb.:and
ew York.
to 1922; $15,000 1928 to 1927; $20,000 1928 to
1982; $25,000 1938 to 1943.
Control—See “5th” Series.
Secured by deposit of first mortgage bonds of
various electric railway, light and power com-
panies, aggregating $625,000.
Earnings—See 5th Series above.
. Original Market—Offered in April, 19138, by
Jackson & Curtis, New York and Boston at 100
and interest. 3
ELGIN, AURORA & SOUTHERN TRACTION
CO. ist Cons..S.F. 5s. Due June 1, 1916.—F.
Dated June 1, 1901. Interest payable June
and Dee. 1, at New York or Chicago.
Authorized—$2,000,000.
Outstanding—$1,613,000.
Held in Sinking Fund—$387,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Sinking Fund—$17,000 annually for first five
years from date of issue, and $25,000 thereafter.
Assumed by the Aurora, Elgin & Chicago R. R.
0.
Control—Absorbed by the Aurora, Elgin &
Chicago R. R. Co..
Secured by a first mortgage on the street
railways in the cities of Elgin and Aurora, Iil.,
and on an interurban railway connecting the
towns of Carpenterville, Dundee, Elgin, South
Elgin, Geneva, St. Charles, Batavia, Mont-
gomery, Aurora, Oswego, Yorkville and Bristol,
making’a total of 72 miles of track. :
Underlies—$3,079,000 Aurora, Elgin & Chicago
R..R. Ist & Ref. 5s of 1946, which mortgage
provides for the retirement of this issue and
$800,000 secured notes..
Net Earnings, 6/30/14........... $699,392
An terest icici vase va ewes dA we, 0 418,759
This issue..... - ecitgyiavdv val ep akeriave: astra 264,809
‘ Listed on the Cleveland Stock Exchange.
Original Market—Offered in 1901, by W. E.
Hutton & Co., New York, at 101 and interest.
- Market.
Boston—C. E.. Denison & Co., Merrill, Oldham
& Co., Burgess, Lang & Co. | :
Cleveland—Hayden, Miller & Co., Borton &
orton. ‘
Philadelphia—Reed |& Huntoon, Oscar R.
Dare, M. M. Freeman, & Co. : ts
New York-—Wolff. & Stanley, Bigelow & Co.,
Dewing & Co., Geo. H. Burr & Co., J. H. ‘Howell
& Co., Ernest. Smith, John D. Curtis & Co. »
Chicago—Hulburd, Warren & Chandler. -
ELGIN, JOLIET & EASTERN RAILWAY CO.
ist 5s. Due May 1, 1941.—F.
See Map 22...
Dated May 1,.1891.
Nov. 1, at New York.
Authorized and Outstanding—$10,000,000. .
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Central Trust Co., New York and
John M. Butler, Indianapolis, Ind.
Guaranteed as to principal and interest by the
Federal Steel Co. | a . :
Control—$6,000,000 of the $10,000,000 capital
stock owned by Federal Steel Co., all of whose
stock is owned by the U.S. Steel Corp. ;
Secured by a first mortgage on ‘ab 229, miles
of road extending from Waukegan, Ill., on Lake
Michigan to Porter, Ind., with branches.
Interest payable May and
Net Earnings, 6/30/14........... $841,487*
Interest ........ aces Sosania ees ieoe 500,059
Dividends.............0.eeeeees 400,000
*Compares with $3,013,616 in 1913. 3
Legal for Balt., Conn., Fla., Me., Mich., Minn.,
o., N. H., N. J., and Wis.
Listed on the New York Stock Exchange.
Market. 5
New York—J. S. Farlee & Co., Coffin & Co.,
281
Wm. A. ‘Read & Co., John J. Levenson, Struthers
& Hiscoe, Wm. Salomon & Co., Starbuck, Van
Sant & Legg, Kirkpatrick & Lewis.
Boston—Estabrook & Co.
New Haven—Farlee & Goodrich.
Hartford—Roy P. Crary.
ELIZABETH & TRENTON RAILROAD tst 5s.
Due April 1, 1962.—F.
Dated April-1, 1912.’ Interest payable April
1 and Oct. 1, at Trustee’s office.
Authorized—$1,200,000.
Outstanding—$990,000. ©
Denomination—Coupon, $1,000. Registerable
as to principal only. ; i
Trustee—Logan Trust Co., Philadelphia.
Assumed by the Public Service R.'R. Co.
under terms of lease, which is guaranteed by
Public Service Ry. Co. and Publie Service Corp-
oration of New Jersey.
.. Organization—Incorporated in New Jersey in
1910. Leased for 999 years to the Public Service
R. R. at a rental equivalent to interest, taxes,
organization expenses, dividends of 5% on the
preferred stock ($300,000 outstanding) and divi-
dends increasing 1% annually to 4% in 1917
and thereafter ‘on common stock ($900,000).
All of the stock of the Public Service R. R.
Co. is owned by the Public Service Corporation
of New Jersey.
Secured by a first mortgage on 26 miles of
road from Trenton to Milltown Ject., N. J.,
located on private of way. This road is the only
one connecting the railway lines of the Corpora-
tion in Northern’ New Jersey with those in
Southern New Jersey.
Net Earnings (Pub. Serv. Corp.),
DD/BY/ NG ici pas's oasis satan & $17,563,943
Subsidiary Co.’s interest and :
TON tal Ss os se.g-ccgaest Ss Haynes ais 12,097,109
3,841,496
a
Newark—J. S. Rippel.
New York—B. H. & F. W. Pelzer.
ELIZABETH, PLAINFIELD & CENTRAL
| JERSEY RAILWAY CO. Ist 5s. Due Dec.
1, 1950.—N.
Tax free in New Jersey. -
«Dated December 1, 1900. | Interest payable
June and December 1, at Fidelity Trust Co.,
Newark, N.J. : ae
Authorized—$2,500,000.
Outstanding—$2,400,000.
Denomination—Coupon, $1,000. Registerable
as to principal. a é
Trustee—Fidelity: Trust Co., Newark, N. J.
Control— Absorbed by the United Street Ry.
Co. of Gentral Jersey which was merged in 1907
into ‘the Public service Ry. Co., the entire
eapital stoek of which is owned by the Public
Service po of New Jersey. :
Secured by mortgage on 59 miles of trolley
tracks in Elizabeth, Plainfield and North Plain-
field and vicinity. Franchises reported as
perpetual. :
- Prior Liens—$100,000 Plainfield St. Ry. Co.
5s of 1922, which this mortgage provides to
retire.
Original Market—Offered $1,400,000 in 1901
by Redmond, Kerr & Co., (now Redmond &
Co.) New York, and the Fidelity Trust Co.,
Newark, at 10234 and interest. .
Market. os
New York—B. H. & F. W. Pelzer, W. E. R.
Smith & Co., Starbuck, Van Sant & Legg, Kirk-
patrick & Lewis.
Philadelphia—Borden & Knoblauch, Henry
& West. :
Paterson—F. A. Peters. :
Newark, N. J.—Fidelity Trust Co., J. S. Rippel.
Jersey City—Edwin R. Case.
ELIZABETH RIVER RAILROAD Ist 4s.
Oct. 1, 1935.—F. i
Dated al es 1, 1905.
April and Oct. 1, at office of Tr
‘Authorized—$200, 000.
Outstanding—$184,500.
Retired by Sinking Fund—$15,500.
Denomination—Coupon, $500 and $1, ee
Registerable as to: principal.
Trustee—Girard Trust Co., Phila...
Redeemable after July 1, 1915, at 105 and
interest. :
Sinking Fund of at least $5,000 per annum to
Pee or redeem these bonds at not exceeding
105 and int.
Assumed by the Norfolk & Portsmouth Belt
Line R. R. -
Control~—Consolidated in 1910 into ‘the Nor-
folk & Portsmouth Belt Line R. R..Co., whose
sok is owned jointly by the Norfolk & West.,
. Y., Phila. & Norfolk, Norfolk Southern, Sea-
board’ Air Line, Atl.. Coast Line,. ‘Southern Ry.,
and Ches. & Ohio Ry.
Secured by a frst smortgage on five miles of
terminal railroad in South Norfolk, Va., and all
other property of company, including equip-
ment, etc. :
Underlies—$250,000 N. & P. B. L. 5s..
Due
Interest payable
‘ustee,
Net Earnings, 1913............... $71,508
Interest ie en ds hee eae a oe 24,790
PHS ASS UG shin ies sage revs ose 12,290
Market.
Philadelphia—Henry & West, S. K. Phillips.
Newark—J. S. Rippel.
a HORN FUEL CO. Ist Mortgage Five-Year
5% Conv. Notes. Due May 1, 1918.—F.-
Tax refunded in Hensey ania.
Dated May 1, 1913. Interest payable May
and Nov. 1, at office of Trustee.
Authorized—$4,000,000.
Outstanding—$3,970,000.
Retired by Sinking Fund—$30,0
_ Denomination—Coupon, $500 ce $1,000.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 105 and
interest on 60° days’ notice.
Convertible at par into Consolidation Coal Co.
stock at $105 per share.
Organization—Incorporated Feb., 1913, and
owns about 200,000 acres of coal lands in fee,
over 90%. of which are in the Elkhorn Field of
Southeastern Kentucky and has acquired the
assets of Northern Coal & Coke Co. and stock
of the Consolidation Coal Co., Beaver Creek
Coal Co., Mineral Fuel Co.:and Tennis Coal Co.
Secured by a first mortgage on 199,479 acres
of coal lands, 184,829 of which are in the Elkhorn
region of eastern Kenutcky, and on 14,650 acres
in Randolph and Upshur Counties, West Va.;
also by pledge of 15,758 shares of a total of 55,-
150 authorized and outstanding shares of stock of
the Beaver Creek Consolidated Coal Co., which
owns free from lien 50,000 acres in the “Blichorn
Coking Coal Field,” the entire 12,000 shares of
stock of the Mineral Fuel Co., owning 4,500
acres in the same region upon which $1,200,000
bonds are outstanding, $4,400,000 of a total of
$25,000,000. stock of the ‘Consolidation Coal Co.,
paying ‘dividends of 6% per annum since 1905
and has paid dividends for 26 years. This
company is one of the largest producers of bi-
tuminous coal in the U. S., producing 12,000,000
tons per annum. It owns and operates about
300,000 acres of coal lands in Maryland, Penn.,
West Va. and Kentucky. Total bonded debt
prior to the stock amounts to $24,000,000. -
Net Earnings, 12/31/14......... $419, 587
Dn tenes sscs's susie oe pecven 16.0 eetoavsiers 198,500
Original Market—Offered at 9314 and interest
in May, 1913, by Federal Utilities, Inc., and
Guaranty Trust Co., New York, and_ Fidelity
Trust Co. and Mercantile Trust & Dep. Co.,
Baltimore ‘and’ Edward B. Smith & Co. of
Philadelphia and New’ York.’ Also offered: in
1913 by Hambleton & Co., Baltimore and New
York, Strother, Brogden & Co., Baltimore and
C. E. Mitchell & Co., New York.
Market.
New York—Guaranty Trust Co. C. E.
Mitchell & Co., Callaway, Fish & Co., Bigelow &
Co., Federal Utilities.
Baltimore—Fidelity Trust Co., Mercantile
Trust & Dep. Co., Hambleton & Co., Strother,
Brogden. & Co., Townsend Scott _& Son, Jenkins,
Whedbee & Poe, J. H. Fisher & Son, Stein Bros.,
Colston, Boyce & Co., Sutton & Co., B. Warren
Corkran & Ca: ++
Philadelphia—E. B. Smith & Co.
ELLWOOD SHORT LINE RAILROAD Ist 5s.
'_ Due Jan. 1, 1922.—F.
See Map 6.
Dated va. 1,.1892. Interest payable Jan.
Yor oo 1, at office of Balt. & Ohio R.’ R., New
or
- Authorized and. Outstanding—$300, 000.
Denomination—Coupon, $1,000. é
Trustee—Guaranty Trust Co., New Worles
- Guaranteed principal and: interest by en-
dorsement by the Pittsburgh & Western Ry. Co.
Control—Entire stock owned by and road
leased for a rental of at least $150,000 per annum
to Pittsburgh & Western Ry. Co., all of whose
stock is owned by the Balt. & Ohio R. R. Co.
. Secured by first mortgage on (1) three miles of
road from North Sewickley to Rock ne Pa.,
on the line of the Pittsburgh & Western Ry.
Refunding—The Balt. .& Ohio, P.,.L. E. & W.
Va.Ref. 4% Mortgage provides for the retire-
ment of this issue.
Legal for Balt. and Maine.
arket.
New York—W. A. C. Ewen.
ELMIRA & WILLIAMSPORT RAILROAD CO.
Ist 4s. pas Jan. 1, 1950.—F.
See Map 9
Tax ee in Pennsylvania.
Dated May 11, 1860. Extended, Jan. 1, 1880,
and Jan. 1, 1910 with interest reduced from
y /e Interest payable Jan. and July 1, at Broad
Street Station, Philadelphia.
‘ Authorized—$1,000,000.
Outstanding—$963,000.
Denomination—Registered, $1,000.
Trustees—William R. Fisher, W. D. Neilson
and Lewis P. Geiger.
Convertible into common stock at any time.
Guaranteed as to principal and interest by the
Northern Central Ry. Co. under terms of lease.
Control—Property leased for 999 years to the
Northern Central Railway Company, which _is
controlled by the Pennsylvania Railroad Co.
through ownership of a majority of capital stock.
Secured by a first mortgage on (8) 74 miles of
road extending from Williamsport, Pa., to Elmira,
N. Y. These bonds are outstanding at the rate
of $13,000 per mile.
Net Earnings, 12/31/14........... $10,681
TAGOreSt'. ists: ox. cig scape errateies & taveusne 76,862
Legal for Conn., Me., Mich., Minn., N. J. and
Wis.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—E. W. Clark & Co., Charles
Fearon & Co., Henry & West, C. C. Harrison,
Jr., & Co., Geo. N. Fleming, Cassatt & Co.
ELMIRA & WILLIAMSPORT RAILROAD CO.
' Income 5s. Due Oct. 1, 2862.—N.
See Map 97.
Tax exempt in Pennsylvania.
Dated May 1, 1863. Interest payable Apjil
and Oct. 1, at Broad Street Station, Philadelphia.
Authorized and Outstanding—$570,000.
Denomination—Coupon, $500.
282
Trustee—Wm. C. Longstreet.
is uare ited as to interest by the Pennsylvania
« Ri Co. ‘
Secured by a first lien on the lease of the (8)
Elmira & Williamsport R. R. Co. to the Northern
Central Ry. Co. for 999 years from 1863 under
the terms of which the lessee agreed to pay the
interest on these bonds. The company in 1914
failed to earn its rental by $126,092.
Listed on the pee Exchange.
: arket. |. :
Philadelphia—Chas. Fearon & Co., Barclay,
Moore & Co.
ELMIRA WATER, LIGHT & RAILROAD CO.
Purehase Money Ist 5s. Due Jan. 1, 1949.
—F.
Dated May 28, 1900. Interest payable Jan.
and July 1, at U. S. Mortgage & Trust Co.,
New York. Pet ;
. Authorized—$2,000,000. |
Outstanding—$1,661,000.
__ Denomination—Coupon, $1,000. Registerable
as to principal. fom ae)
Trustee—The United States Mortgage & Trust
Co., New York.
Redeemable at 105 and interest, on any interest
date upon two months’ notice. == |...
Organization and Control—Incorporated in
New York in 1900 as a consolidation of all the
street railway, electric, water and gas properties
in Elmira, N. Y. Also owns the entire capital
stock and all the bonds, of the Elmira & Seneca
Lake Traction Co. je serene supplies ae
natural and artificial gas. Controlled throug!
stock ownership by the United Gas & Electric
Co., which is controlled through stock owner-
ship by the United Gas & Electric Corp.,
Secured by a first mortgage on the plants
supplying water, gas and electricity in Elmira,
N. Y. and on a part of the entire street railway
system of that city including 24 miles of track.
For further particulars see 1st Cons. 5s below.
Underlies—$2,339,000 Ist Cons. 5s of 1956.
Net Earnings, 12/31/14 $442,789
260,468
TeV 4 ASTROS 93,518
. Interest...
This issue..... ‘ 518
Original Market—Offered in 1911, by Bertron,
Griscom & Jenks (now Bertron, Griscom & Co.),
New York and Philadelphia at 103 and interest.
fae. 3 Market...
New York—Bertron, Griscom & Co., Foster
& Adams, Kirkpatrick & Lewis..
Baltimore—Colston, Boyce & Co.
Baffalo—Teller & Evers,
Philadelphia—Graham & Co.
er aspera ga 4 “
ELMIRA WATER, LIGHT & RAILROAD CO.
Ist Cons. 5s. Due Sept. 1, 1956.—F.
Tax exempt in New York. |
Dated Sept. 1, 1906. Interest payable March
and Sept. 1, at Trustee’s office. __
Authorized—$5,000,000.° ~~
Outstanding—$3,339,000. /
Denomination—Coupon, $1,000.
able as to principal.’ og
Trustee—New York Trust Co., New York.
Organization and Control—See P. M. Ist 5s.
Secured by a mortgage on 24 miles of electric
railway track in and around Elmira, N. Y., and
Plants supplying natural and artificial gas, water
and electricity to Elmira and vicinity. Also secured
by deposit of the entire capital stock and all the
bonds of the Elmira & Seneca Lake Traction Co.
which owns about 20 miles of interurban track
extending from Elmira to Watkins on Seneca
Lake. Population served, gas, 39,248; electricity,
54,590; water, 44,336; railway, 60,868. Fran-
chises are either perpetual or for 72 years with
the exception of a few short extensions having
25 years to run. Rue EL as
Prior Liens—$1,661,000 Purchase Money 5s.
Net Earnings, 12/31/14........ ++, $442,789
Interest, ete...........45 vee ll 260,468
Register-
Original Market—Offered in 1911 by Bertron,
Griscom & Co., New York and Philadelphia, at
103 and interest. j
: Market.
New York—Bertron, Griscom & Co., Foster &
piers, Rauscher & Childress, Kirkpatrick &
ewis.
Boston—H. C. Gibbs & Co., F. W. Mason &
Co., Merrill, Oldham & Co.
New Haven—The W. T. Fields Co.
Providence—J. C. Hume & Co.
Philadelphia—S. K. Phillips, Oscar R. Dare.
Buffalo—Teller & Evers.
EL PASO & ROCK ISLAND RAILWAY CoO.
1st 5s. Due Jan. 1, 1951.—F.
See Map 49.
Dated aa. 1, 1901. Interest payable Jan.
and July 1, at office of Trustee.
Authorized and Outstanding—$2,500,000. |
Denomination—Coupon, $1,000. Registerable
as to principal. °
sg ete eanitanie Trust Company, New
ork.
Guaranteed principal and interest by' the El
Paso & Northeastern Co. (formerly the New
Mexico Ry. & Coal Co.). : bes :
Control—Entire capital stock is owned by El
Paso & ‘Northeastern Company, all of whose
stock is owned by the El Paso & Southwestern
Co. Property leased to the latter company.
Rental $166,000 per annum.
Secured by a first mortgage on (3) 128 miles of
road extending from Carrizosa to Santa Rosa,
ew Mexico, and forming a connection between
the Chicago, Rock Island & Pacific Railway and
the El Paso & Northeastern Railway.
Net Earnings (E. P. & S. W. Co.
6/30/14 $4,202,424
Rentals....... 2,018,410
b ANCOPESE i eiciiistveneiece dats aptide ewes 173,495
Original Market—Offered in 1905, by Kinni-
cutt & Potter (now Kissel, Kinnicutt & Co, and
Potter, Choate & Prentice), New York.
ae Market. vn
New York—Potter, Choate & Prentice, Coffin
& Co., J. 8. Farlee & Co., McGeorge & ‘Vander-
hoef, Hornblower & Weeks, Herrick & Bennett,
giskest & Phelps, R. B. Hathaway & Co., Ernest
mith. . :
EL PASO (TEX.) ELECTRIC CO. Ist Coll. Tr.
5s. Due Jan. 1, 1932.—F.
Dated January 1, 1902.
Jan. and July 1, at Boston.
' Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—State Street Trust Co., Boston.
Organization—The company was organized
in 1901, and owns the securities of the El Paso
Electric Ry. Co. and the El Paso & Juarez
Traction ‘Co. |
' Management—Stone & Webster, Boston. —
Secured by deposit of substantially all the
securities of the E] Paso Electric Railway Co. and
El Paso & Juarez Traction Co., which do all the
electric railway and nearly all the electric lighting
business in “El ‘Paso, and operate an electric
railway of 34 miles to Juarez, Mexico, and two
toll bridges crossing the Rio Grande River.
Franchises in El Paso extend at least to 1951, in
Juarez to 1915. Population served railway,
62,500; electricity, 62,500. Juarez, Mex.,'10,000.
Net Income, 12/31/14........... $466,321
Interest...........: as Niamh ne aepe we 51,856
Original Market—Offered in 1902, by Jackson
& Curtis, Boston and New York, at 97 and.
interest. Offered in 1913 by Perry, Coffin &
Burr, Boston and New York.
Market, | ° 4
Boston—Hornblower & Weeks, Perry, Coffin &
Burr, Stone & Webster.’ :
» Philadelphia—E. B. Smith & Co,
New York—Stone & Webster. Hornblower &
Interest payable
283
Weeks, Moore, Leonard < Lewis, Perry, Coffin &
Burr, Estabrook & Co., C C. H. Hensel.’
EL PASO UNION PASSENGER DEPOT Ist
5s. Due Jan. 1, 1934.—
Dated Jan. 1, 1905. Tnterest payable Jan.
and July 1, at Trustee’s office.
Authorized—$240, 000.
Outstanding—$228,000.
Retired by Sinking Fund—$12,000
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at. par and interest on and after
Jan. 1, 1915.
Sinking Fund— $12,000 of the bonds are to
be retired annually ay lot at par and interest
beginning Jan. 1, 1915
Guaranteed—As to interest and principal by
proprietary companies.
Control—Leased in perpetuity to the following
roads, each of which owns nee of the
stock: El P. & N. E.; ELP. & 8. W.; , Har.
&S.A., (South Pac.); Rio Grande & El P. (Atehi-
son); Tex. & Pac. and Mex. Cent.
~. Secnred by first mortgage on Union Fassenger
Depot and five miles of yard tracks in El Paso,
Tex. Population 35,000.
Original Market—First offered by Eversz &
Co., Chicago, Sept., 1905.
Market.
New York—J. H. Becker & Co.
Chicago—Eversz & Co.
THE EMPIRE DISTRICT ELECTRIC CO. Ist
S. F..5s. Due Nov. 1, 1949.—F.
Dated November 1, 1909. Interest payable
May and Nov, 1, at Central Trust Co., New York.
‘Authorized—$6, 000,000.
Outstanding—$3, 261, 000.
Denomination—Coupon, $1,000.
as to principal. —
Trustees—Central Trust Co., New York, and
Conqueror Trust Co., Joplin, Mo.
Redeemable at 105 and interest on any interest
date on four weeks’ notice.
Sinking Fund—Annually 1% ‘of “outstanding
bonds beginning Oct. 1, 1915, for the purchase or
redemption of these bonds at not exceeding 105
and interest, or for the purchase of prior lien bonds.
Instead of retiring bonds company may appro-
priate ‘an amount equal to 2% of outstanding
onds for improvements to the praperty. u
corporated in
Registerable
Registerable
_ Organization and Control—.
‘Kansas in 1909.
Control—Cities. Service Co.
ownership.
Management—The Doherty Organization.
Secured by mortgage on plants eupplying all
the electric current for oe and Boe, in vogling
Webb City, Carterville and Carthage, i
Galena, Kan., and adjacent territory. Aaae
tionally secured by deposit of 99% of entire
capital stock of the Spring River. Power Co.,
the entire capital stock of the Webb City & Car-
terville Gas Co., and the Carthage Gas Co.
These companies have $1,486, 500 spite tanihiny
bonds. Franchises with three minor exceptions
are perpetual. Population, 100,000.
Prior Liens—$186,000 5s of 1926 and $39,000
‘Ist 6s of 1921, of the Southwest Missouri Light
Co., and $50,000 Missouri Ice & Cold Storage
Ast 5s of 1923, for the retirement of which bonds
of this issue have been reserved.
Original Market—Offered in 1912, by Parr’s
Bank, Ltd., London, at,92}4, and by Henry L.
Doherty & Co., New Y
Market.
New York—Henry L. Doherty & Co., Williams,
Dunbar & Coleman, Hier ae fe
gellar, F. H. Hatch & Co., A. E. Fit
Rauscher & Childress, E. "& C. ensaoe Ed-
mund Seymour & Co., ‘Howe, Norris & Co.,
Hotehkin & Co,
through stock
po a W. Mason & Toes F. B. Bassett
& Co., yoombs & Co., Inc.
Poise ‘K. Phillips, Frazier & Co.,
Chicago—Hulburd, Warren & Chandler, John
Burnham & Co.
New Haven—The W. T. Fields Co.
Cleveland—Roland T. Meacham.
Denver—Gregg, Whitehead & Co. |
EMPIRE GAS’& ELECTRIC COQ. and EMPIRE
. COKE Co. Joint Ast & Ref. 5s. Due March
1, 1941.—F.
Tax exempt in New York State.
Dated March 1, 1911. Interest payable March
and Sept. 1, at Trustee's office.
Authorized—$5, eee 000
Outstanding—$1,492,000.
Se ee $1, 000.
as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia, Pa.
Redeemable at 102 and. ears on any interest
date on and after March 1, 191
Improvement Fund—An oust equal to 2%
of outstanding bonds must be set aside annually
for improvements and betterments.
Organization and - Control—Incorporated in
New York in 1911 as a consolidation of the com-
Panies supplying, electric light and power in
Auburn, N.’Y., and gas to~ Auburn, Geneva,
Seneca Falls, Waterloo, Cayuga, N. Y.,and
vicinity. Controlled through stock ownership
by the Empire Coke Co.
Secured by mortgage executed jointly and
severally by the Empire Gas & Electric Co. and
the Empire Coke Co. and a direct first mortgage
on all the properties formerly owned by the Au-
‘burn Light, Heat & Power Co.-and the Auburn
Subway & Electric Co.; a first collateral lien on
all the pone of the Geneva Gas Improvement
Co., and a direct mortgage, subject to prior liens
on the Sees formerly owned by the Inter-
urban Gas Co., Seneca Falls & Waterloo Gas
Light Co., and Auburn Gas Co. Franchises are
Pea except | in Seneca Falls where it extends
Prior Liens—$438,000 Inter-Urban Gas Co.
and Empire Coke Co. Joint,.1st' 5s of 1928;
$247,000 Auburn Gas Co. ‘Ist S. F. 5s of 1927
and $289,000 Cons. 5s of 1930; $10,000 Geneva
Gas Co: Ist 5s of 1917 and $52, '000 Seneca Falls &
Waterloo Gas Light Co. Ist 5s of 1980, for the
retirement of which bonds of this issue are reserved.
Net Earnings, 12/31/13 sc ciesevcysitesepaess $285,969
TNGenest cases iss seco en enstneie sang >.. 125,283
Original Market—Offered in 1911 by Francis
R. Welsh of Philadelphia, at 92 and interest.
“Market.
Philadelphia—F. R. Welsh.
Registerable
EMPIRE PASSENGER RAILWAY Ist 3}s.
Due July 1, 1930.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1900.’ Interest payable Jan. and
July 1, at Trustee's office.
Authorized and Sn 000.
Denomination—Coupon, $1,0
Trustee—Land Title & Trust Coe, Philadelphia.
Control—Leased to Union Traction Co. for
999 years. This company is leased to Phila-
delphia Rapid Transit Co.
Secured by a first mortgage on 10 miles of
street railway forming an important part of the
street railway system in Philadelphia, Pa.
Net Earnings, (P. R. T. Co.)
aa. $9,956,567*
Rentals . 7,484,635.
TNGOr es bias oe recarevio ones aweaie ry sons 2,161,696 ,
*After charging $3,638,372 to maintenance and
renewals.
Market.
Philadelphia—Newburger, Henderson & Loeb.
284
ENID (OKEA.) ELECTRIC: & GAS CO. Ast 6s. |
Due May 1, 1920.
Dated May 14, 1910.° Interest
and Nov. 1, at Trustee’s office, Ck cago.’
Authorized—$1,500,000. : ef
Outstanding—$620,000. _ $20, 000 _ owned by
the Standard Gas & Electric Co.
Cancelled by Sinking Fund—$77,0
Denomination—Coupon, $1,000.
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable at 102% and interest on any
interest date.
Sinking Fund3% of all bonds outstanding,
November ist each year thereafter.
Control—Standard Gas & Electric Co. owns
the entire $939,000 outstanding capital stock,
practically all of which together with $20,000 of
these bonds are deposited under its Coll. Tr. 6%
notes.
. Management—H. M. Byllesby & Co.
Secured by a first mortgage on entire property
of company, including a modern oil gas plant
and electric plant. This company does the entire
gas and elects business of the city, Population
ayable May
le
served, 10,500. B ranehiaes-— (ae expires, 1923;
Electric light, 1924
. Net Earnings, 12/31/14 bite ‘aw. $52,672
“Ante re sie sever ienis aed ect ane oa deaibinc teat
Original Market—Offered in 1911, by ‘AL F.
Bachman & Co., Philadelphia, and George Koeh-
ler & Co., Cincinnati, pene 101 and interest.
arket.: —
-Philadelphia—H. F. Bachman & Co, S. K.
Phillips.
New York—L. F. Hepburn.
Boston—H. L. Nason & Co.
Cindunert en Koehler & Co.
Chicago—H. M . Byllesby & Co.
EQUITABLE GAS & ELECTRIC CO. OF UTICA
1st 5s. Due April 1, 1942.—F.
Dated April 1, 1902. ° ‘Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Qutstanding “$1, 000,000.
Denomination—Coupon, $1,0
Trustee—Central Trust Co., New York,
Assumed by Utica Gas & Elect. Co.
Control—Absorbed by Utica Gas & Elect. Co.
Secured by a first mortgage on plants formerly
belonging to Equitable Gas &- Elect. Co. and
second mortgage on remaining plants supplying
gas and electricity to Utica, N. Y., and vicinity.
Population served by Company, 130, 000. Fran-
chises are perpetual.
Prior Lien—$908,000 The Utica Electric
Light & Power Co. ist 58'of' 1950 as to part of
the property covered by this ‘mortgage.
Underlies—$2,500,000 Utica Gas & Elec. Co.
Ref. & Ext’n 5s of 1957.
Net Income, 12/31/14.......... $585,488
Interest.........seeeeeeeeeeees 276,763
This issues os vsewas sac 5. 08 eens 151,763
Market.
New York—Plympton,' Gardiner & Coe
Foster & Adams, Harris, Forbes & Co., Chas. H.
Jones & Co., Gilman & Clucas.
Boston—N. W. Harris & Co., Perry, Coffin &
Burr, F. B. Bassett & Co.
Utica, N. Y.—A. James Eckert & Co., Avery
Horton.
Chicago—Harris Trust & Savings Bank.
EQUITABLE GAS LIGHT CO. (MEMPHIS)
lst 5s. Due May 1, 1929.—F.
Dated April 12, 1899. ‘Interest payable May
and Noy. 1, at Trustee’ 's office.
Authorized and Outstanding—$1,250,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Central Trust Co., New York.
Assumed by Memphis Consolidated Gas &
Electric Co.
ee ae by Memphis Consolidated
Electric Co.
- Secured by a first mortgage on plants of former
Equitable Gas Light Co., which supply practically
all of the gas to Memphis, Tenn., and vicinity.
Population served, 165,000
Underlies—$4,600, 060 Memphis Consolidated
Gas & Elec. Co. ‘Cons. 5s of 1943, which provides
for the retirement of i agar
Mar
New York—Rauscher % “Childress, R. F. West-
erfield.
--Memphis—John L. Norton.
EQUITABLE GAS LIGHT CO. OF NEW YORK
ee (Now First) 5s. Due March 1,
‘Dated March 1, 1892. Interest payable March
and Sept. 1, at Ca&ntral Trust Co., New York.
‘ Authorized—$4,000,000.
, Outstanding—$3, 500, 000. No further bonds
will be issued.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Central Trust Co., New York.
_ Assumed by the New Amsterdam Gas Co,
.Control—Merged in 1898 into the New Amster-
dam Gas Co. the entire capital stock of which
company is owned by the Consolidated Gas Co.
of New York. | :
Secured by a first morteané on gas holders
on about 14 acres in New York City, being three
blocks between First Ave. and East River, 39th
and 42d Sts., 32 lots between 58th and 59th Sts,
and 10th and 11th Aves., and four lots at the
southeast corner of 59th St. and 11th Ave., also
about 136 miles of mains.
Underlies—$10,635,000 New Amsterdam Gas
Co, Ist Cons. 5s of 1948, which provide for the
retirement of this issue.
Net Income. (N. A. Gas Co.),
Registerable
12/31/14 $1,128,984
Interest... 1,064,633
TRIS RNG. oo os erge x e eens 32,883
Listed on t! ew York Stock Exchange.
Market.
New York—Paterson & eee o., Plympton, Gs Gardi-
ner & Co., Clark, Dodge & Co., L. Hepburn,
Jones & Lanman, Leonard Snider & Co., Tobey:
& Kirk, J. K. Rice, Jr., & Co., L. A. Norton.
Philadelphia—Geo. S. Fox & Sons.
EQUITABLE ILLUMINATING GAS LIGHT
C0 oF Ft PHILADELPHIA Ist 5s. Due Jan.
Tax exempt in Pennsylvania.
- Dated February 1, 1898. Interest payable
Yan, and July 1, at New York Trust Co., New
ork.
Authorized—$7, by oon
“Outstanding—$4,73 000.
Retired by Sinking Fand_$2, 762,000.
Denomination—Coupon, $1,000. "Registerable
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest for Sinking
Fund only.
Sinking Fund—$124,000 annually together
with accumulated interest to be applied to -pur-
chase or redemption of these bonds at not exceed-
ing 105 and interest. It is figured that thie Fund
will retire all bonds by. maturity.
, Control —United Gas: Improvement Co.
* Secured by a lease on gas plant owned by the:
city, supplying all gas in Philadelphia, serving a
tobe of over 1, 500,000. Lease expires in
8
*Net Earnings (U. G. Im.) 12/31/14 $7,896,400
- *After interest.
Listed on the Unlisted Department of the
Philadelphia Stock Exchange.
: Original Market—Oftered in 1898 by J.
w. Seligman & Co., New York, at' 102% coe
interest.
285
ng ale eh Market. ae
Philadelphia—Reed A. Morgan & Co., C. C.
Harrison, Jr., & Co., Graham & Co., Geo. S.
Fox & Sons, Henry & West, Oscar R. Dare,
Chas. Fearon & Co., Reilly, Brock & Co., Ervin
& Co., Elkins, Morris & Co,, C. D. Barney & Co.
New York—Jacobson & Friedman. ..
—
ERIE & JERSEY RAILROAD Ist Mige. 6s.
Due July 1, 1955.
See Map 50. |
Tax exempt in New York.
Dated July 1, 1905. Interest payable Jan-
uary 1 and July 1.
Authorized and Outstanding—$7,400,000.
Denomination--Coupon, $1,000. Registerable
as to principal only. Registered $1,000, $5,000
and $10,000. C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
, Redeemable on any interest date at 110% and
interest prior to July 1, 1920, and at 115% and
interest thereafter.
. Sinking Fund—$25,000 per annum, beginning
April 1, 1916, to be applied to the purchase of
bonds, after advertisement for tenders, at not
exceeding 110% and interest prior. to July 1,
1920, and 115% and interest thereafter. If not
eerste at those prices bonds are to be called
ylot. Dy
Assumed—To be assumed by the Erie R. R. |
Organization—Incorporated in New York in
agne. To be absorbed by the Erie R. R. Co. in
Secured by a first mortgage on (4) 39 miles of
double track road from Graham to Highland
Mills, N. Y._ This road forms a part of the low
grade through freight line between Chicago and
New York. The road includes a tunnel about
one mile long and costly bridges, and is built
without grade crossings. These bonds are out-
standing at the rate of $190,000 per mile.
Underlies—$110,000,000 Erie R. R. Consoli-
dated and General Mortgage bonds and notes.
Original Market—Offered in Feb., 1915, by
Drexel & Co., Philadelphia and the Guaranty
Trust Co., New York, at 104}4 and interest.
- Market.
Philadelphia—Graham & Co.,
Whelen & Co.
New York—Hambleton & Co.
Toledo—Secor & Bell.
Chicago—lIllinois Trust & Savings Bank,
Kean, Taylor & Co. ‘ ye
Baltimore—Hambleton & Co. '
Townsend
ERIE & PITTSBURGH RAILROAD CO. Gen.
314s. Due July 1, 1940.—F.
See Map 84.
Tax exempt in Pennsylvania.
Dated July 1, 1890. . Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—34,500,000.
Outstanding—$4,033,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Sinking Fund—Annually 1% of the bonds out-
standing, for purchase of bonds at not exceeding
par. :If not so purchasable, the fund for that
year shall lapse, 7
Guaranteed as to principal and interest by the
Pennsylvania R. R. Co. by endorsement and as
to Sinking Fund payments under the terms of
the lease. ds
Control—This road was leased for 999 years
from 1870 to the Penn. R. R. at a_rental to cover
expenses, interest on bonds and 7% on stock.
Lease transferred to Pennsylvania Company.
Secured by a first mortgage on (8) 83 miles of
toad from New Castle to Girard Junction, Pa.,
with branch to Erie docks. These bonds are
outstanding at the rate of $48,500 per mile.
_ Net Earnings, 12/31/14........ , $338,535 . .
Tnterest isis se sespsccin eye esanetoe «The 159,588
. *Net, eee Actual payment
under lease, $415,137. :
Legal for Balto., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New otk Stock Exchange.
MRR rket. ace
. New York—Jos,, Walker, & Sons, Newborg &
Co., Blodget & Co., Hartshorne & Battelle, E. &
C. Randolph, Coffin &.Co., Wood, Struthers. &
Co., Remick, Hodges & Co., McGeorge & Van-
derhoef, John H. Davis & Co., Redmond & Co.
Philadelphia—Henry & West, Chas. Fearon
& Co., E. W. Clark & Co., Geo. N. Fleming,
W. H. Newbold’s Son & Co., Reed A. Morgan &
Co., Barclay, Moore & Co., Elkins, Morris & Co.,
Sullivan Bros. & Co. os
ERIE & WESTERN TRANSPORTATION (CO.
1st 4s. Due Jan. 1, 1925.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1905. Interest payable Jan. and
July 1, at Broad Street Station, Philadelphia.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. .
Trustee—Girard Trust Co., Philadelphia, Pa.
Redeemable at 105 and interest as an entire
issue only, upon two weeks’ notice. | ‘
Guaranteed principal and interest jointly by
the Connecting. Terminal R. R. Co. and the
Western Warehousing Co...
Control—All_of the stock is owned by the
Pennsylvania R. R. and one of its subsidiary
companies. _
Secured by a first mortgage on the company’s
terminal properties in Chicago, Ill., Buffalo,
N. Y., and Erie, Pa., which were valued in 1904 at
$3,600,000. as 2
Listed on the Philadelphia Stock Exchange.
Original Market—First offered by Brown Bros.
& Co. at 103, and Sailer & Stevenson,Philadelphia,
February, 1905. ;
Market.
Philadelphia—J. W. Sparks & Co., E. B.
Smith & Co., Geo. N. Fleming, Chas. Fearon &
Co., W. H. Newbold’s Son & Co., Henry & West.
ERIE ELECTRIC MOTOR CO. Ist 6s. Due
Jan, 1, 1919.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1889. Interest payable Jan.
and June 1, at Kountze Bros., New York.
Authorized—$200,000.
Outstanding—$148,000. ;
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Control—All stock owned by and road leased
to Buffalo & Lake Erie Traction Co. This
company has been in the hands of receivers since
November, 1912. :
Secured by a first mortgage on part of the
street railway system in Erie, Pa. opulation,
1910, 66,525. Franchises perpetual.
ERIE ELECTRIC MOTOR CO. 2nd 6s.
Jan. 1, 1919.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1892. Interest payable Jan.
and July 1, at Kountze Bros, New York.
Authorized—$150,000. |
Outstanding—$102,000.
Trustee—Central Trust Co., New York.
Underlies—$1,000,000 bonds.
Control, etc.—See Erie Electric Motor Ist 63
above.
Prior Liens—$148,000.
ERIE ELECTRIC MOTOR CO. Ist & Ref. 5s.
Due April 1, 1941.—F..
Tax exempt in Pennsylvania.
Dated April 1, 1901. Interest payable April
and Oct. 1, at office of Trustee.
Authorized—$1,250,000.
Due
286
- Outstanding—$1,000,000.
$0 or registered: bonds,
Trustee—New York Trust Co., New. York.
Sinking Fund—April 1, 1906, to 1916, 1% of
bonds outstanding; April 1, 1916, to maturity,
144% per annum to be invested in bonds of this
issue if they can be Puschased ona 314% basis,
or in approved securities.
-Control—All of the stock is owned by the
Buffalo & Lake Erie Trac. Co., which leased
Erie Elec. Motor Co. for 999 years. The B. &
L. E:.Trae. Co. has been in receivers hands since
November, 1912. : »
Secured by mortgage, subject to prior liens,
on ‘the entire street railway system in the City’
of Erie, including 30 miles of track; and by pledge
of all the stock of the Erie City Passenger Ry.
and Erie Reed’ Park & Lakeside Street Ry.
Bena perpetual. Population of Erie,
Prior Liens--$250,000 1st and 2nd 6s; see above.
Original Market—Thompson, Crawford &
Founey, Chicago, Boston and New. York, April,
. t ¢
. - Market. ta
< po York—H. L. Crawford & Co., J. S. Bache
Co. _ 5
Philadelphia—S. K. Phillips, Chas. D. Barney
& Co., Henry & West. . eo .
ERIE (PA.) LIGHTING CO. Ist S. F. 5s. Due
April 1, 1942.—F,
Tax exempt in Pennsylvania.
Dated April 1, 1912. Interest April and Oct..
1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$741,000. 5 ay
Retired by Sinking Fund—39,000.
Denomination—Coupon, ‘$500 and $1,000.
Registerable as to principal. i :
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date on or before
April 1, 1917 at 105 and interest-and thereafter
at 110 and interest. ° - 4
Sinking Fund—Began July 1, 1913 and re-
quires an annual amount equal to 1% of out-
standing bonds for ithe purchase or redemption
of these bonds at not exceeding 105 and interest.
Organization—Incorporated in Pennsylvania
in 1911 as a consolidation of electric properties.
Secured by a first mortgage on plants supplying
electric light and_power to Erie, North. East,
Wesleyville and Harbor Creek all in ‘Pennsyl-:
vania. Further secured by deposit of the entire
capital stock of the Home Heating Co. which
owns a steam heating plant in Erie and the en-
tire capital stock of the Erie Electric Con-
tracting Co. Population served: about 80,000.
Franchises are reported as perpetual.
Net Earnings, 1/31/14 (4 months).. $7,524
Original -Market—$250,000 offered March,
1914, by W. G. Smith & Co., Tailer & Co., and
J. H. Watkins, New York, and Brown Bros. &
Co., New York, Philadelphia, ete., at 94 and
interest.
Market. .
Philadelphia—R. Glendinning & Co.
ERIE RAILROAD COMPANY
Incorporated in New York in 1895 as succes-
sor to the New York, Lake Erie & Western R. R..
Co., which was sold at foreclosure. The com-
pany owns 774 miles of road, of which 445 miles
are double tracked, from Piermont to Dunkirk,
. Y¥.; Hornell to Buffalo, and branches.
Through ownership of entire capital stock it
controls companies owning 911 miles of road, of
which more than 400 miles are double tracked,
from Salamanca, N. Y., to Dayton, Ohio; Marion,
Qhio, to Hammond, Ind.; branches to Oil City,
Johnsonburg, Honesdale and Carbondale, Pa.,
and numerous smaller branches. It also con-
trols through ownership of a majority of the
capital stock, companies owning 160 miles of
road, and leases 277 miles of‘ road, including a
part of the main line from Jersey’ City to Pier-
mont, and the line into Cleveland: ‘The total
mileage operated is 2,445 miles, of which 1,200
are double-tracked. The company’ ‘will shortly
complete its' double tracking between New Yor
and Hammond, from which point it has trackage
into Chicago. | : :
The Erie R. R. Co. also owns a majority’ of
thé'capital stock of the New York, Susquehanna
& Western Ry. Co., which owns and operates
240-miles of road from Jersy City to Wilkes-
Barre, Pa. BE ey
The Erie R. R. Co. has outstanding $48,000,-
000 4% non-cumulative First Preferred Stock,
$16,000,000 4% non-cumulative preferred stock
and $112,400,000 common stock. Dividends
were paid on the Ist Pfd. stock from 1901 to
1907 and on the 2nd Pfd. stock from 1905 to
1907. No dividends have been paid on the
common stock. _
The Erie R. R. Co. has outstanding about
$245,000,000 bonds and notes, not including
$14,000,000 equipment certificates. These se-
curities are outstanding at the rate of about
$100,000 per mile on the road operated. :
Report for years ended June 30: ‘oie ae :
1913-14
Gross Earnings., $60,983,575 $62,467,359 -
Net Earnings... ‘18,148,227 18,435,717 -
Net income. - 15,612,222 22,634,411
Rentals.... » 3,814,388 | 4,513,257
Bond interest. 9,729,358 1,757,896
Other interest. 2,270,284 2,257,583
Miscellaneous... - 1,638,669 1,428,107 :
Surplus. ..... $159,000 $6,682,568
The Erie R. R..has changed its fiscal year to
end’ December 81, 1914.
Gross earnings............... $23,710,942
Net earnings... 6,830,056 .
Net income................. 8,087,382
Rental sisiecss isis ea ssseiaie ous eave 1,971,490
AN LONOS Gi sii sede veces im wie = 5,344,391
Miscellaneous............... 1,155,714
DSHGIE cc egau se vee ea de aaex $384,213
ERIE RAILROAD CO. Buffalo & Southwestern
Div. Second Ext. 5s. Due July 1, 1918.—F.
See Map 50. fie
Dated November 19, 1895. Extended July 1,
1908. Interest payable Jan. and July 1, at
Company’s office, 50 Church St., New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
4 Redeemable at 105 and interest on any interest
ate. z , 7
Control—The Buffalo & Southwestern R. R.
Co. was merged into the Erie R. R. Co.,in 1895,
Secured by second mortgage on (2) 66 miles ex-
tending from. Buffalo Creek R. R. Junction,
Buffalo, to Jamestown, N. Y. Subject to prior
liens at the rate of $22,400 per mile. These bonds
are outstanding at the rate of $12,000 per mile.
Prior Lien—$1,500,000 1st Ext. 53 of 1918.,
Underlies—$110,000,000 bonds. Retirement
Fi issue provided for under General: Lien. 4s , of,
1996. i ao nie
Legal for Cal. and Me.
oe arket.. :
Philadelphia—Chas. C. Harrison, Jr., & Co.
287
ERIE RAILROAD CO. Pennsylvania Coll. Tr. 48.
Due Feb. 1, 1951.—F.
See Map 50.
Tax exempt in New York.
Dated February 1, 1901. Interest payable
Feb. and Aug. 1, at company’s office, 50 Churce
St., New York. '
Authorized—$36,000,000.
Outstanding—$2,877,000.
Held in Sinking Fund—$6,863,000. «
Denomination—Coupon, $1,000.. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
-‘Trustee—Bankers’ Trust Co., New York,
Redeemable for sinking fund at ‘105 and
interest.
Sinking Fund—Annual payments of 10c. per
ton of coal sold from mines of Pennsylvania
Coal Co., for the purchase or redemption of these
bonds at not exceeding 105 and interest, bonds
thus acquired to be held alive in the Sinking.
Fund and interest added-to.said fund. a
Secured by a first lien on the following de-
posited stocks: $5,000,000 (entire issue) capital
stock of the Pennsylvania Coal Co.; $1,500,000
(entire issue) capital stock of the Erie & Wyoming
Valley R. R., and $250,000 (entire issue) capital
stock of the Delaware Valley & Kingston R. R.’
Co.; $6,630,000 preferred and $6,630,000 common
stock of the New York, Susquehanna & Western
R. R., being 51% of the total outstanding capital
stock of same. ~ 4 Pom 8 i
The Delaware Valley & Kingston R. R. Co.
owns no property; the Erie & Wyoming Valley
R. R. Co. owns (17) 64 miles of road from Hawley
to Scranton, Pa. and branches, free from mortgage
debt, which road affords the Erie R. R. its en-
trance into Scranton; the Pennsylvania Coal Co.
owns (17) 16 miles of road from Lackawaxen on
the main line of the Erie R. R. to Hawley, also
forming a part of the line to Scranton, free from
debt and the New York, Susquehanna & Western
R. R. Co. owns 140 miles of road, from Jersey
City via Paterson to Wilkes-Barre, Pa., subject
to bonded debt of $12,500,000.
Underlies—$22,000,000 Gen.
$23,000,000 notes. s
Listed on the New York Stock Exchange.
Market.
New York—J. S. Bache & Co., Gilman &
Clucas, Callaway, Fish & Co., Hartshorne & Bat-
telle, Redmond & Co.
Philadelphia—E. W. Clark & Co.
Newark—J. S. Rippel.
ERIE RAILROAD CO. Gen. Series ‘‘A,” ‘‘B”
and ‘‘C” Conv. 4s. Due April 1, 1953.—F.
‘See Map 53.
Tax exempt in New York.
Mortgage dated April 1, 1903. Series ‘“‘B’”’
bonds are dated Oct. 2, 1905. Interest payable
April and Oct.-1, at 50 Church St., New York.
Authorized—$50,000,000.
Outstanding—$10,000,000 Series “‘A”; $12,-
000,000 Series “B’; $10,000,000 Series ‘C.”
Owned by the Company and pledged as
security for note issue $10,985,000 including
all of Series ‘‘C’’ and $985,000 Series ‘‘B.’””
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$500, $1,000 and multiples. C. & R. inter-
changeable.
Trustee—Guaranty Trust Co., New York.
Convertible—Series ‘‘A”’ bonds are convertible
into the common stock of the company at any
time prior to April 1, 1915, at $50 per share.
Series “‘B’”’ bonds are convertible into the common
stock of the company at any time prior to Oct. 1,
1917 at $60 per share. Series ‘“‘C’’ bonds are
convertible into the common stock of the com-
any at any time prior to April 1, 1915, at
$66.66 per share.
Secured by a third mortgage on (1) 43 miles of
road, subject to prior liens at the rate of $49,400
Conv. 4s and
288
per mile, a fifth mortgage on (2) 71. miles‘ of
double tracked road; subject to prior liens at the
tate of $232,400 per mile and on (3) 269 miles of
road, subject to prior liens at the rate of $94,000
per mile, a sixth mortgage on (4) 19 miles of road
subject to prior liens at the rate of $89,300 per
mile and a ninth mortgage on (5) 447 miles of
road, subject to prior liens at the rate of $110,000
per mile. Further secured by a third collateral
lien on. (6) 114 miles of road, subject to prior.
liens at the rate of $49,400 per mile, a fourth col-'
lateral lien on (7) 715’ miles of road, subject to
prior liens at the rate of $79,100 ‘per mile, and a
third lien on (8) 70 miles of leasehold. Further
secured on the collateral deposited: under the
Consolidated _Mortgage_and the Pennsylvania
Collateral Mortgage. (For details of. road and
collateral see 1st Consol. Prior Lien 4s below, and
Penna. Coll. Tr. 43 above.) These bonds are
outstanding at the rate of $18,400 per mile on
the road as described above.
Prior Liens—$157,000,000 Penna. Coll. Tr. 4s
of 1951; Erie R. R: Cons. Gen. Lien & Prior Lien
4s of 1996 and liens prior to those issues. vr
Listed on the New York Stock Exchange.
Original Market—-Underwritten, Series “‘A”
bonds by J. P. Morgan & Co., N. Y., in 1903,
and offered for subscription to the stockholders
at 8734% and interest. Series ‘“B’’ bonds un-
derwritten by J. P. Morgan & Co., N. Y., in 1905
and offered for subscription to stockholders at
par and interest. - ;
Market.
New York—Spencer Trask & Co., Freeman &
Co., Curtis & Sanger.
ERIE RAILROAD CO. Ist Cons. Prior Lien 4s.
Due Jan. 1, 1996.—F. "
See Map 53. - :
- Dated December 10, 1895. Interest payable
Jan. and July 1, at Company’s office, 50 Church
St., N. Y.; and at London.
Authorized and Outstanding—$35,000,000.
. Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $500 and multiples.
we ee Loan & Trust Co., New
ork.
' Voting Power—Each $1,000 bond is entitled to
10. votes. — 5.2
* Secured by a direct mortgage on all of the lines
of.the Erie R. R. east of Buffalo and Dunkirk:
and a second collateral lien on. the line from
Salamanca, N. Y., to Hammond, Ind., and
Dayton, Ohio. ‘These bonds are secured by a
first mortgage on (1) 43 miles of road from East
Buffalo to Niagara Falls and branch to Lockport,
N. Y.; a third. mortgage on (2) 71 miles of road:
from Hunts to Cuba and Graham to Highland
Mills, N. Y., subject to prior liens at the rate of
193,000 per mile, and also a third mortgage on
(3) 269 miles of road from Hornellsville to Attica,
Buffalo to Jamestown and Painted Post via Avon
to Buffalo, N. Y., subject to prior liens at the
rate of $44,600, a fourth mortgage on @ 19
miles of road from Greycourt to Newburg, N. Y.
subject to prior liens at the rate of $39,900: per
mile, and a seventh mortgage on (5) 447 miles of
road from Piermont to Dunkirk, N. Y., subject
to prior liens at the rate of $60,600 per mile.
Further secured by a first lien, by deposit of all
first mortgage bonds, on (6) 114 miles of road
from Jersey City to Paterson, N. J., Elmira)”
N. Y., to Tioga Jct., Pa.; Carrollton, N. J.,.to°
Johnsonburg, Pa.; Brockwayville, Pa., to Toby”
Mines and Dagus Mines to Daguscahonda, and’
a second lien, by deposit of $30,027,000 (entire
issues) second mortgage bonds, this issue is
secured on (7) 715 miles of road from Salamanca;
N. Y., to Hammond, Ind., Marion to Dayton,
Ohio, Buchanan Jet. to Oil City, Pa., State:
Line to Morris Run Junction, Pa., and branch;
subject to prior liens at the average rate of
$29,700 per mile. These bonds are further
secured by the deposit of $12,000,000 additional
bonds and $31,300,000 stocks of various con-
trolled companies, and leasehold interest in (8)
70 miles of road.
These bonds are outstanding on the entire
mileage on which they are secured: by a direct
or collateral lien, at the rate of $20,000 per mile.
Prior Liens—$55,000,000 divisional bonds.
Underlies—$384,060,000 Consol. Gen. Lien,
and General Convertible bonds and notes.
Legal for California.
Listed on the New York Stock Exchange.
Market.
New York—Harris, Forbes & Co., Beyer &
Co., J. A. Clark & Co., L. M. Prinee & Co., Gil-
man & Clueas, Folsom & Adams, Newborg &
Co., Guaranty Trust Co., Seasongood & Haas,
we Struthers & Co.
Chicago—Northern Trust Co.
St. Louis—Mercantile Trust Co.
Newark—J. S. Rippel.
ERIE RAILROAD CO. Cons.
Due Jan. 1, 1996.—F.
See Map 53 Z
Dated December 10, 1895. Interest payable
Jan. ac July 1, at Company’s office, 50 Church
t., N.Y.
Authorized—$140,000,000.
Outstanding—$35, 885, 000.
Deposited as Collateral—$15,. 839, 000.,
Denomination—Coupon, $1, 000. Registerable
as to principal. Registered, $500 and multiples.
ao Loan & Trust Co., New
ork.
Voting Power—Each $1,000 bond is entitled
to 10 votes.
Secured by the same mortgage as the Cons.
P. L. 4s af 1996 (see above) and cover the same
property, but are subordinate in lien. These
bonds are outstanding at the rate of $29,400 per
mile on the entire road on which they are secured
by a direct or collateral lien.
Prior Liens—$50,000,000. Erie R. R. Cons.
Prior Lien 4s of 1996, and the prior liens thereto.
Underlies—$49, 006, 000 Erie R. R., Conv,
“A” & “B” 4s of 1953 and notes.
Listed on the New York Stock Exchange.
Market.
New York—Robinson & Co., L. M. Prince &
Co., Guaranty Trust Co., Herrick & Bennett,
Beyer & Co., Newborg & Co.
Newark—J. S. Rippel.
ERIE BA OAD: EO Coll. 5% Notes.
April 1, 1916.—F.
Dated April 1, 1915.
and Oct. 1, at New York.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $5,000 and $1,000.
Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 10014 and interest.
Secured by deposit with the Trustee of $2,000,-
000 Erie R. K. 1st Cons. Gen. Lien As, $10, 600, 000
Erie R. R. Gen. Conv. Series ‘“‘C,’’ $6,000,000
bonds to be issued under the new refunding
mortgage, due 2015; $6,000,000 New York, Sus-
quehanna & Western Ry. common stock;
750, 000 of the $1,352,000 1st mortgage bonds of
1957 of the Elmira, Corning & Waverly Ry.,
(an electric ‘railway reported to have cost over
$1,500,000); $570,000 Columbus & Erie R. R.
notes (only ‘obligation of the company); $600, 000
Erie Terminal R. R. notes (about 60% of the
company’s indebtedness, all of which # (of equal
rank); entire $130,000 Columbus & Erie R. R.
stock and $60,000 (about § 50%) of the stock of the
. Erie Terminals R. R.
Original Market—Offered in March, 1915, at
99: and interest.
Market.
New York—Curtis & Sanger, Crawford, Patton
& Cannon, Harvey Fisk & Sons, Bull & Eldredge,
Guaranty Trust Co., Swartwout & Appenzellar,
Gen. Lien 4s.
Due
Interest payable April
289
J. S. Bache & Co., H. N. ealney &: oe J.P.
Morgan & Co., A . Fitkin & Co., Strong,
Sturgis & Co., Newborg & Co., Morgan & Bart-
let, H. P. Taylor & Co., Hornblower & Weeks,
Seasongood & Haas.
Philadelphia—Drexel & Co., Montgomery,
Clothier & Tyler, Graham & Co.
Boston—Edgerly & Crocker.
Philadelphia—Drexel & Co., Montgomery,
Clothier & Tyler, Graham & Co.
Pittsburgh—H. P. Taylor & Co.
Baltimore—Mackubin, Goodrich & Co., Poe
& Davies.
Buffalo—H. P. Taylor & Co.
eRe eee co. 54%
pril
Dated April 1, 1914. Interest payable April
1 and Oct. 1, at company’ 's office, 50 Church St.,
New York.
Authorized and Outstanding—$13,500,000. -
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered, $1,000 and
multiples.
Trustee—Bankers Trust Co., New York.
Redeemable at 102 and interest.
Organization, Earnings, etc.—See page 286.
- Secured by a first lien on $14,839,000 Erie
R. = Co. 1st Consol..Gen. Lien: 4s; $985,000
Erie R. R. Co. Gen. Mtge. Convert. 4s, Series
“BY. Rte, 000° Elmira, Corning & Waverly Ry.
1st Mtge. 5s; $95,000 Mutual Terminal Co. of
Buffalo 4% notes, due 1924; $6,306,000 New
York, Susquehanna & Western preferred stock}
$163, 000 Lehigh & Hudson River Ry. common
stock;. $145,700 Temple Iron Co. common
stock; $750,000 New Jersey & New York R. R.
Co. preferred stock and $1,000,000 New densey" &
New York R. R. Co. common stock.
Market.
New York—Robinson & Co., Morgan & Bart-
lett, Mann, Bill & Ware, Hornblower & Weeks,
John L. Levinson.
Philadelphia—Graham & Co.
ERIE RAILROAD CO. Equip. 4s, Series ‘‘I.”
Due $350,000 each June and Dec. 1 to June
1, 1916, inclusive.—F.
Dated December 2, 1905. Interest payable
June and Dec. 1, at Trustee’ ‘8 office, Philadelphia.
Authorized—$7, 000,000.
‘Redeemed—$6,300,000.
Outstanding—$1, 700, 000..
Denomination—Coupon, $1,000.
as to principal.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
Secured by an equipment lease covering 100
locomotives, 4,000 steel under-frame box cars,
2,000 steel hopper ears, 500 steel underframe
gondola cars, costing $8,625,000, of which the
company paid $1,625, 000° in cash.
Under the terms of the agreement 4,000 cars
have been released to the Railroad Co. and the
balance will be released upon payment of the
last maturity.
Notes. Due
Registerable
Market.
See Series ‘‘A’’ below. .
ERIE RAILROAD CO. Equip. Tr. 4s. Series
“J.” Due $47,000 each May and Nov.
1 to Nov. 1, 1916, inclusive.—N.
Dated November 1, 1906. Interest payable
ea, and Nov. 1, at Bankers’ Trust Co., New
ork.
Authorized—$940,000.
Redeemed—$799,000.
Outstanding—$141,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by equipment lease covering 600 gon-
dola cars and 600 flat cars.
Market.
See Series ‘‘A” below. .
ERIE RAILROAD CO. Equip. Tr. 434s. Series
“K.” Due $29,000 each Feb. and Aug.
1 to Feb. 1, 1917, inclusive.—N.
Dated February 1, 1907. Interest payable
Feb. and Aug. 1, at National Bank of Commerce,
New York.
Authorized—$580,000.
Redeemed—$464, 000.
Outstanding—$116, 000.
Denomination—Coupon, $1,000.
Secured by an equipment lease covering 500
produce cars,
Market.
See Series ‘‘A’’ below.
ERIE RAILROAD CO. 5% Equip. Tr. Ctfs.’
Series ‘“‘L.”. Due $107,000 each Jan. and
July 1 to July 1, 1917, inclusive.—
Dated July 1, 1907. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$2, 140,000.
a Redeemed—$1,505,000.
Outstanding—$635,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment lease covering 2,000
coal cars, costing $2,450,000, of which the com-
pany paid $310,000 or 12% in cash.
Market.
See Series “‘A”’ below.
ERIE RAILROAD CO. 5% Equip. Tr. Ctfs.,
Series ‘‘M.” Due $29,000 each Jan. and
July 1 to July 1, 1917, inclusive.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Trustee’s office, Philadelphia.
Authorized—$580,000.
Redeemed—$435,000.
Outstanding—$145,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Secured by an equipment "lease covering 38
locomotives, costing $724,875, of which the com-
pany paid, $144,875, or about 20%, in cash.
Market.
See Series “A” below.
Registerable
ERIE RAILROAD CO. 5% Enquip., Series ‘‘N.”
Due $152,000 each April and Oct. 1 to Oct.
1, 1917, inclusive.—F.
Dated October 1, 1907. Interest payable
ae and Oct. 1, at First National Bank, New
ork.
Authorized—$3,040,000.
Redeemed—$2,280,000.
Outstanding—$760,000.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Secured by an equipment lease covering 3,000
steel underframe box cars, costing $3,487,000 of
which $447,000, or about 183%, was paid in cash
by the company.
Market.
See Series ‘‘A”’ below.
ERIE RAILROAD CO. 5% Equip., Series ‘‘O.”
Due $50,000 each April and Oct. 1, to Oct.
1, 1917, inclusive.—F.
Dated October 1, 1907. Interest payable
April and Oct. 1, at Ca Trust Co., New York.
‘Authorized—$1, ee
Redeemed—$750,
Gutstanding- $260, “000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Secured by an equipment lease covering
1,000 hopper cars.
Market.
See Series ‘‘A” below.
290
ERIE RAILROAD CO. 444% Equip. Tr. Ctfs.,
Series ‘‘Q.”- Due $230,000 each Feb. and
Aug. 1, to Aug. 1, 1921, inclusive.—F.
Dated August. 2,: 1911. Interest, payable Feb.
and Aug. 1, at Trustee’s office, i a
‘Authorized—$4,600,000.
Redeemed—$1,610, 000.
Outstanding—$2,250,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Security—Certificates issued by_ Trustee and
guaranteed principal and interest by Erie Rail-
road Co., covering 1,000 steel box cars, 1,000
gondola cars, 1,000 composite gondola cars, 500
flat cars, 300 automobile cars, 200 refrigerator
ears, 25 suburban passenger coaches, 5 passen-
ger and baggage cars, 35 freight locomotives and
20 switching locomotives, costing $5,425,134, of
which the company paid $825, 134, or 15%, in
eash.
Original. Market—First offered in 1911 by
Drexel & Co., Philadelphia. :
Market.
See Series ‘‘A’’ below.
Registerable
ERIE RAILROAD CO. 414% Equip. Tr. Ctfs..
Series ‘‘R.”” Due $108,000 each Feb. and
Aug. 1, to Aug. 1, 1922, inclusive.—F.
Dated August 1, 1912. Interest payable Feb.
and Aug. 1, at Philadelphia.
Authorized—$2, 160,000.
Outstanding $1,620,000.
Redeemed—$540,0
Densrination coenoa, $1,000
Trustee—Commercial Trust oo Philadelphia.
Secured by an equipment lease covering 25
open vestibule suburban coaches, 11 combined
passenger and baggage cars, 500 forty-ton coke
ears, 300 thirty-ton automobile cars and 50
Mikado type locomotives, costing $2,632,870, of
which the company paid $472,870, or 18%, in
cas
Original Market—Offered in eee by Drexel
& Co., Philadelphia, on a 4.70% basis.
Market.
See Series ‘‘A”’ below. '
ERIE RAILROAD CO. Equip 44s, Series ‘‘S.’
Due $100,000 each June and Dec. 1, to Dec-
1, 1922, inclusive.—F.
Dated Dee. 1, 1912. Interest payable June
and Dee. 1, at office of J raatee:
Authorized—$2, 000,
Redeemed—$500 O80.
Outstanding—$1, 500, 000.
Denomination—Coupon, $1, pee Registerable
as to principal. Registered $1,0
Secured by an equipment ee covering 36
locomotives and 1,500 box cars, costing $2,511,-
219, of which the company paid $511,219, or
20%, in cash.
Market.
See Series “A’’ below.
ERIE RAILROAD CO. Equip. 5s, Series ‘‘T.”
Due $66,000 each June 15 and Dec. 15, to
June 15, 1923, inclusive.—F.
Dated June 16, 1918. Interest payable June
and Dec. 15, at office of Trustee.
Authorized—$1, aa 000.
Redeemed—$264,000.
Outstanding—$1, 056,000.
Denomination—Coupon, $1,000.
Secured by an equipment lease on 1,500 box
cars, costing $1,613,950, of which the company
paid $293,950, or 18% in cash.
Original Market—Offered in 1913 by Brown
Bros. & Co., New York, Philadelphia and Bos-
ton, at prices to yield 5. 50%.
: Market.
See Series ‘‘A’”’ below.
ERIE RAILROAD CO. Equip. 5s, Series ‘‘U.’’
Due $117,000 each Jan. 1 and $118,000
each July 1 to July 1, 1923, inclusive.—N.
Dated July 2, 1913. Interest payable Jan.
and July 1, in New York.
Authorized—$2,350,000.
Outstanding—$ 1,998,000.
Redeemed—$352,000.
Denomination—Coupon, $1,000.
able as to principal.
Trustee—Bankers’ Trust Co., New York.
Security—Certificates issued by Trustee and
guaranteed principal and interest by Erie Rail-
road Co., covering 1,500 forty-ton steel frame
box cars, 500 fifty-ton steel hopper cars and 500
fifty-ton composite gondola cars, costing $2,829,-
376, of which $479,376, or 17%, was paid in cash
by the Railroad Co.
Original Market—Offered in 1913 by Brown
Bros. & Co., New York, ete.
Market.
See Series ‘‘A’’ below.
at Pa
ERIE RAILROAD CO. Equip. 5s, Series ‘‘V.”
Due $100,000 each June 15 to 1923, in-
clusive.—F. ‘
Dated June 16, 1918. Interest payable June
15 and Dec. 15 in New York.
Authorized—$1,000,000.
Outstanding—$900,000.
Redeemed—$100,000.
Trustee—New York Trust Co.
Secured by lien on 1,000 all steel fifty-ton
hopper cars, costing $1,186,437, of which $186,-
437, or 15%, was paid in cash by the Railroad
Company. 7
Original Market—Offered in 1913 by Harris,
Forbes & Co., New York, at Pree to yield 5.50%.
arket.
See Series “‘A’’ below.
ERIE RAILROAD CO. Equip. 5s, Series ‘‘A,’
Due $56,000 each March and Sept. 1 to
Sept. 1, 1923, inc.—F.
Dated Sept. 1, 1918. Interest payable March
and Sept. 1, in Philadelphia.
Authorized—$1,120,000.
Outstanding—$952,000.
Balance Retired.
Denomination—Coupon, $1,000. P 7
Trustee—Commercial Trust Co., Philadelphia.
Guaranteed as to principal and interest by
the Erie R. R. Co. ‘
Secured by an equipment lease covering 50
standard freight locomotives, costing $1,330,890,
of which $210,890, or 18%, was paid in cash by
the Railroad Company.
Original Market—First offered Sept., 1913, by
White, Weld & Co., Brown Bros. & Co., Harris,
Forbes & Co., of New York, to yield 5.50%.
Market.
(All Erie Equipment Issues.) _
New York—Brown Bros. & Co., White, Weld
& Co., Curtis & Sanger, Farson, Son & Co., Bull
& Eldredge, Jackson & Curtis, Swartwout & Ap-
penzellar, Freeman & Co., Harris, Forbes & Co.,
J. S. Bache & Co., Robinson & Co., Coggeshall
& Hicks, Salomon Bros. & Hutzler, Tefft & Co.,
Gude, Winmill & Co.
Philadelphia—Drexel & Co., Brown Bros. &
Co., Geo. S. Fox & Sons, E. B. Smith & Co.,
Henry & West, Harper & Turner, Mellor & Petry,
Reed A. Morgan & Co., Montgomery, Clothier
& Tyler, Graham & Co., C. D. Barney & Co.,
Reed & Huntoon. :
Boston—Brown Bros. & Co., Edgerly &
Crocker, F. S. Moseley, N. W. Harris & Co. .
Chicago—Harris Trust & Savings Bank.
ERIE RAILWAY COMPANY Cons. 7s.
Sept. 1, 1920.—N.
Register-
Due
See Map 58. i Gf te
Dated September 1, 1870. Interest payable
March and Sept. 1, at J. P. Morgan & Co., New
ork.
Authorized—$30,000,000. .
Outstanding—$16,891,000 (Closed mortgage).
Denomination—Coupon, $1,000 and £200.
Registerable_as to principal.
oo Loan & Trust Co.,' New
ork.
Assumed by the Erie R. R. Co. :
Secured by a direct mortgage on 668 miles of
road, of which 340 miles are double-tracked,
including a second lien, subject to a prior lien at
the rate of $12,600 per mile, on (3) 202 miles
from Hornellsville to Attica, N. Y., Painted
Post to Buffalo and Buffalo to Jamestown, N. Y.,
a third lien on (4) 19 miles of road from Grey-
court to Newburg, N. Y., subject to prior liens
at the rate of $8,000 per mile and a sixth lien on
(5) 447 miles of main line from Piermont to
Dunkirk, N. Y., subject to prior liens at the
rate of $28,500 per mile. These bonds are equally
secured with $3,699,500 N. Y., L. BE. & 7
Coupon Fundings 7s at the rate of $30,700 per
mile. The road covered includes nearly the
entire main line between New York and Buffalo.
Prior Liens—$13,000,000 Divisional bonds.
Underlies—$110,000,000 bonds. Bonds are
reserved under the Gen. Lien Mortgage of 1996
to retire this issue.
Legal for Cal. and Me.
Listed on the New come Stock Exchange.
: arket.
New York—Coffin & Co., Bull & pe eae
Simon Borg & Co., Ambrose R. Clark, A. E.
Fitkin & Co., Bigelow & Co., L. M. Prince &
Co., Korn, Lehman & Co., Clark, Dodge & Co.,
Struthers & Hiscoe, Foster & Adams, Didrichsen
& Co., Redmond & Co., Leonard Snider & Co.
ERIE RAILWAY CO. Buitalo Branch 1st Ext.
4s. Due July 1, 1931.—N.
See Map 50. i
Dated July 1, 1861. Extended July 1, 1891,
and interest reduced from 7%. Interest pay-
able Jan. and July 1, at J. P. Morgan & Co,,
New York.
Authorized—$200,000.
Outstanding—$182,400. (Closed mortgage).
Denomination—Coupon, $1,000 and $200.
Registerable as to principal.
Trustees—Charles Steele and J. C. Bancroft
avis.
Assumed by the Erie R. R. Coa.
Secured by a first mortgage on (5) 61 miles of
road from Hornellsville to Attica, N. Y. These
Benge are outstanding at the rate of $3,000 per
mile.
Underlies—$120,000,000 bonds. Bonds are re-
served under General Lien Mortgage of 1996 to
retire this issue.
Legal for Cal. and Maine.
ESCANABA (MICH.) TRACTION CO. Ist &
Ref. 5s. Due $10,000 annually Jan. 1,
to 1918; $5,000 Jan. 1, 1919-33, balance
Jan 1, 1934.—F. Le
Dated Aug. 12, 1909. Interest payable Jan.
and July 1, at First Savings Bank and Trust
Bank, Milwaukee, Wis.
Authorized—$600,000.
Outstanding—$580,000.
Retired by Sinking Fund—$20,000. .
Denomination—Coupon, $1,000. Registerable
as to principal. ei
Trustee—Michigan Trust Co., Grand Rapids,
ich. ‘
Redeemable on any interest date at 103 and
interest. :
Organization—Incorporated in Michigan in
1909 as a consolidation of the Escanaba Electric
St. Ry. Co. and the Escanaba Power Co.
Secured by a first mortgage on all the prop-
291
erty of the company, including two _hydro-
electrie plants on the Escanaba River, 4,500 h.p.
near Escanaba, Mich.; plants supplying elec-
tricity to Escanaba, Gladstone and Wells, Mich.;
five miles of street railway track in Escanaba
and 13 miles of interurban railway extending to
Gladstone with branch to Groos, Mich. Fran-
chises in Escanaba and Gladstone expire in 1983.
balance of road on private right of way. Pop-
yion served: Escanaba, 15,000; Gladstone,
a
Underlies—$200,000 2nd 5s of 1934.
Net Earnings, aes
Interest........
This issue wes oe acwere ava seere < 23,576
Original Market—Offered in 1911 by Tweedy,
‘Underwood & Edgar (now Edgar, Ricker & Co.),
Milwaukee. $115,000 offered by Edgar, Ricker
& Co., Jan:, 1914.
2 Market.
Milwaukee—Edgar, Ricker & Co.
Chicago—Hulburd, Warren & Chandler.
EBCENABA TRACTION CO 2nd 5s.
ug. 1, —F.
‘Dated Aug. 1, 1909. Interest payable Feb.
and Aug. 1, at Fidelity Trust Co., Milwaukee. -
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000 and $100.
Trustee—Fidelity: Trust Co. and Howard
Green, Milwaukee, Wis.
Secured by a second mortgage on property
described under 1st & Ref. 5:
Prior Liens—$365,000 1st & Ref. 5s.
Earnings—See 1st & Ref: 5s above.
Market
Milwaukee—Edgar, Ricker & Co.
Due
ESTATES OF LONG BEACH ist 6s. Due
July 1, 1917.—F.
Dated July 1, 1907. Interest payable January
1 and July 1. a
“Authorized—$5,000,000:
Catttenae nee
Redeemed—$2,202,500:
Denomination—-Coupon, $50
ae Guarantee e Trust Co., New
or
Redeemable at par and interest at any time.
Organization—Incorporated in New York in
1907, and purchased a large tract of land on
Long Island from the village of Hempstead, for
$3,100,000. -
Secured by a first mortgage on 1,100 acres of
land located south of Park Street and a second
mortgage on 1,200 acres north of Park Street, in
the village of Hempstead, Long Island.
The company has outstanding $1,954,000 6s,
due 1920.
Market.
New York—Whittemore, Pell & Co., Tobey &
Kirk, Didrichsen & Co.
EVANSVILLE & EASTERN eT ae RAIL-
WAY Ist 5s. Due April 1, 1936.
Dated April 1, 1906. Nise erasable April
and Oct. 1, at Trustee’s office or at American
Trust & Savings Bank, Evansville.
Authorized—$750, 000:
Outstanding—$689,000.
Retired by Sinking Fund—$10, 000
Denomination—Coupon, $500 and $1,000
Registerable as to principal.
Trustee—Pittsburgh Trust Co., Pittsburgh,
Pa.
Redeemable on any interest date at 105 and
interest on 90 days’ notice.
Sinking Fund—$2,500 annually, 1910 to 1920,
‘and $5,000 annually 1921 to 1936.
Control—Absorbed May, 1913, by the Evans-
ville Ry. Co.
Secured by a first mortgage on 31 miles of
electric railway from Newburgh to Grandview,
Ind., including a four mile branch to Richland.
292
Population served, 20,000. Franchises in city
are for fifty years from 1907 and on country
roads perpetual.
Underlies—$5,000,000 authorized Evansville
Ry. Co. Ist & Ref. ‘5s of 1953, which mortgage
provides for the retirement of this issue.
Net Earnings (E. Rys. Co.)
D2 BUIAA io eacs svenccoscassares went $96,869
Interest on bonds.......... 80,369
Original Market—First offered by G. S. Speer
& Co., and Metropolitan Trust & Savings Bank
Chicago, at 98 an ge in Sept., 1906.
Market.
Philadelphia—Robert D. Ghriskey & Co., S. K.
Phillips.
Pittsburgh— Ussing, Scoville & a
‘ Phicaga—“welenperees & Co.,
0.
. T. Leonard
EVANSVILLE & INDIANAPOLIS RAILROAD
CO. Ist 6s. Due July 1, 1924.—F. |
See Map 22.
Dated July 1, 1884. Interest payable Jan. and
July 1, at Bankers’ Trust Co., New York, July
1, 1914, and subsequent interest in default.
Authorized—$1, 000,000. .
Outstanding—$647, 000.
Exchanged for Evans. & Ind. 1st Cons. 6s—
$353,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Farmers’ Loan & Trust Co., New
York.
Guaranteed principal and interest by the
Evansville & Terre Haute R. R. Co., by endorse-
ment which guarantee was assumed by the
Chicago & Eastern Illinois R. R. Co. at con-
solidation, now in the hands of receivers.
Organization—Incorporated in 1884 under the
laws of Indiana as a consolidation of the Terre
Haute & Southeastern R. R. and Evansville,
Washington & Brazil.
Protective Committee—Frederick H. Shipman,
William B. Cardoza, Ellis W. Gladwin, Edward
H. Ladd, Jr., and Raymond M. Smith. Secretary
Edwin Gibbs, 22 William St., New York.
Depositary Farmers’ Loan & Trust Co., New York
Control—The entire capital. stock is owned by
the Evansville & Terre Haute R. R. Co. and
deposited under its Ist Gen. 5s. The latter
company was merged into the Chicago & ‘Eastern
Illinois R. R. Co. in 1911.
Secured by a first mortgage on (6) 55 miles of
road from Straight Line Jct. near Evansville to
Washington, Ind. These bonds are outstanding
at the rate of $11,800 per mile.
Underlies—Evans. & Indianapolis ‘1st Cons.
6s of 1926, which provide for the retirement
of this issue.
Market.
New York—Coffin & Co., Ladd & Wood,
. W. Walker & Co.
Registerable
EVANSVILLE & INDIANAPOLIS RAILROAD
CO. 1st Cons. 6s. Due Jan. 1, 1926.—F.
See Map 22.
Dated January 1, 1886. Interest payable Jan-
very and July 1, at Bankers’ Trust Co., New
ork.
Authorized—$2,500,000.
Outstanding—$1,853,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Farmers’ Loan & Trust Co., New
Registerable
‘York. July 1, 1914 and subsequent interest in
default.
Guaranteed principal and interest by the
Evansville & Terre Haute . Co. by endorse-
ment, which guarantee was assumed by the
Chicago & Eastern Illinois R. R. Co. at con-
solidation. Now in the hands of receivers.
Organization, Control and Protective Com-
mittee—See 1st 6s above.
Secured by a first mortgage on (5),80 miles
from Washington to Terre Haute, _Ind., and
second mortgage on (6) 54 miles subject to a
prior lien at the rate of $3,000 per mile. ;These
bonds are outstanding at the rate of $13,900 per
mile.
_ Prior Lien—$647,000 ist 6s of 1924, which this
issue. provides to retire.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., McGeorge & Van-
derhoef, G. W. Walker & Co., E. & C. Randolph,
A. E. Fitkin & Co., Samuel Goldschmidt.
EVANSVILLE & MT. VERNON ELECTRIC
RAILWAY Ist 5s.
Dated Oct. 1, 1905. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$350,000.
Outstanding—$310,000.
Held in Treasury—$10,000. -
Denomination—Coupon, $1,000.
astoprincipal. .
Trustee—American Trust & Savings Co.,
Evansville, Ind. : ee
_ Redeemable on any interest date at 110 and
interest. =. | By ag Gaye
Sinking Fund—$10,500 annually from Oct.
1, 1910, to retire 10 bonds at 105 and interest.
_ Control—Merged into the Evansville Ry. Co.
in May, 1913.
Secured by a first mortgage on 20 miles of
electric railway between Evansville and t.
Vernon, Ind. Population served, Evansville,
70,000; remaining territory, 6,500. Franchise
expires May 1, 1955. :
Underlies—$5,000,000 authorized Evansville,
Rys. Co. Ist & Ref. 5s of 1953 under which
mortgage provision is made for the retirement of
Registerable
this issue.
. Net Earnings (E. Rys.) a
D2 (BUI. oe cco iaisrsid eiecnie everett $96,869
Interest... 0. .c. cc cece eee es ae 80,396
Market.
Chicago—M. T. Leonard & Co., Hulburd,
Warren & Chandler.
EVANSVILLE &. PRINCETON TRACTION.
,__ CO. 1st S. F. 5s. Due April 1, 1923.—F. _
Dated April 1, 1903.
and Oct. 1, at Citizens’ Savings & Trust Co.,
Cleveland. :
Authorized—$400,000. :
Outstanding—$3 30,000.
Retired by Sinking Fund—$70,000.
Denomination—Coupon, $1,000. . Registerable
as to principal and fully registered.
Trustee—Citizens’ Savings & Trust Co. and
QO. B. Denison, Cleveland, O. .
Redeemable for the sinking fund in.numerical
order and as a whole at 105 and interest.
Sinking Fund—$10,000 bonds to be retired
annually, in numerical order, at 105 and interest.
Assumed by Evansville Public Utilities Co.
Control—Merged in 1906 with Evansville
& So. Ind. Traction Co., whose property was
acquired in 1912 by Public Utilities Co. of
Evansville, all of whose stock is owned by the
Evansville Light Co., a subsidiary of Union
Ry., Gas & Elec. Co., all of whose stock is owned
by Commonwealth Power Ry. & Light Co.
Secured by a first mortgage on about 32 miles
of electric railway between Evansville and
Princeton, Ind. Franchise runs to 1951.
Underlies—$1,208,000 Evansville & So. Ind.
Tract. Co. 1st Cons. 5s of 1937..and $1,615,000
Evansville Public Utilities Co. Coll. Tr. 6%
notes of 1916 and $942,000 1st & Ref. 5s.
Net Earnings (E. & S. T. Co.)
6/30/12......... gga aia atiareve a $186,452
Interest and Taxes............. $145,008
: Market.
je Thnaaelphla “Bs R. Barnard, M. M. Freeman
0. i
29a
Due Oct. 1, 1925.—F..
Interest payable April’
Cleveland—C. E. Denison & Co., Otis & Co.
, Wheeling, W. Va.—Geo. W. Baron. -
Boston—C. E. Denison & Co., L. Sherman
Adams, : ae
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler, Hodenpyl, Hardy & Co., Inc.,
ue ee ne & Co., Hodenpyl, Hardy
o., Ine. - | is bis j
EVANSVILLE & SOUTHERN INDIANA TRAC-
TION CO. Ist Cons. 5s. Due Jan. 1,
1937.—F. ore
Dated Jan. 1, 1907. Interest payable Jan
and July 1, at Trustee’s office.
Authorized—$4,000,000.
Outstanding—$1,208,000: °
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Commercial Trust Co., Philadelphia.
Redeemable at 105 and interest. .
Assumed by Public Utilities Co. of Evansville.
Control—Absorbed by Public Utilities Co. of
Evansville practically all of whose stock is owned
by the Evansville Light Co., a subsidiary of the
Registerable
Commonwealth Power Ry. & Light Co. -: -
Secured by a mortgage on 33 miles of street
railway track in Evansville, Ind. and32 miles of
interurban railway extending to Patoka, Ind.
Franchises expire in 1951 and 1952.
Prior Liens—$330,000 Evansville & Princeton
Traction Co. 1st S. F. 5s of 1923 and $1,200,000
Evansville Electric Ry. 1st 4s; 1921. :
Underlies—$1,615,000 6 % Coll. Notes of 1916
and $942,000 Ist & Ref. 5s of 1942 of the Public
Utilities Co. of Evansville. The latter mort-
gage provides for the retirement of this issue and
prior liens.
Market.
Boston—Hotchkin & Co.
Philadelphia—Chandler & Co.
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler.
New York—Dewing & Co.
EVANSVILLE & TERRE HAUTE RAILROAD
CO. Ist Cons. 6s. Due July 1, 1921.—F.
See Map 22.
Dated July 30, 1881. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$3,500,000. .
Outstanding—$3,000,000 (Closed mortgage).
Denomination—Coupon, $1,000: Registerable
as to principal. .
eo Loan & Trust Co., New
ork.
' Assumed by the Chicago & Eastern Illinois
R. R. Co. at consolidation. This company is now
in the hands of receivers.
Organization—See Evansville & Terre Haute
1st Gen. 5s.
Protective Committee—John W. Platten (Pres.
U. S. Mtge. & Trust Co., N. Y.); J. W. Alling
(Pres. Sou. New England Tel. Co.); James C.
Brady, Lyman B. Brainert (Pres. Hartford
Steam Boiler Inspection Insurance Co.); Franklin
Q. Brown; Frederick H. Ecker (Treas. Metro-
pene Life Ins. Co.;) Robert Fleming; Donald
. Geddes; Wilbur S. Johnson (2nd Vice Pres.
Prudential Ins. Co., Otto H. Kahn, Wm. C.
Poillon (Vice-Pres. Bankers’ Trust Co., N. Y.)
and Frederick H. Shipman, (Treas. N. Y. Life
Ins. Co.)._ Secretary Calvert Brewer, 55 Cedar
St., New York. Depositary U. S. Mortgage &
Trust Co., New York.
Secured by first mortgage on (7) 146 miles
from Evansville to Rockville, Ind., with branches.
These bonds are outstanding at the rate of
$20,500 per mile.
Underlies—$3,175,000 Evansville & Terre
Haute 1st Gen. 5s of 1942, which provide for the
Tauren of this issue, and $1,263,400 Ref. 5s
o ‘
Listed on the New York Stock Exchange.
Market. ° :
New York—Wolff & ey ‘Coffin & Co.,
Berdell Bros., J. A. Clark & Co., Pouch & Co.,
MEGer ES & anche: Wood, Struthers &
Baltimore—Baker, Watts & Co.
EVANSVILLE & TERRE HAUTE RAILROAD
‘O. ist Gen. 5s. Due April 1, 1942.—F.
‘See Map 23. ; :
Dated ‘April 1, 1892, Interest payable April
and Oct. 1, at Bankers’ Trust Co., New York.
April 1, 1916 ee Bs default.
Authorized—$7,000,0
Outstanding—$3,17: 5, 000.
Denomination—Coupon, $1,000.
as to principal.
oe Loan & Trust Co., New
ork,
Assumed by the Chicago & Eastern Illinois
R. R. Co. at consolidation. This company is
now in the hands of receivers.
Organization—Incorporated in 1877, succeed-
ing the Evansville & Crawfordsville R. R. Co. and
in 1911 was merged with the Chicago & East-
ern IllinoisR.R.Co. Receivers appointed in 1913.
Protective Committee—See lst Consol. 6s
above.
Secured by a second mortgage on (3) 200 miles
of road from Evansville to Rockville, Ind., with
branches and on the extension from Cynthiana
to Mt. Vernon, Ind., subject to prior liens at
the rate of $20,000 per mile. Also by deposit of
entire $2,000,000 stock of Evansville & Indian-
apolis R. R. Co., which has $2,500,000 bonds
outstanding secured on (4) 134 miles of road.
These bonds are outstanding on the road covered
by a direct and collateral lien at the rate of
$9,500 per mile.
Prior eae a 000 (Closed mortgage).
Underlies—$1,2 400 Evansville &. Terre
Haute Ref. 5s of Toa
Listed on the New York Stock Exchange.
Market.
New York—Bigelow & Co., Hartshorne &
Picabia, Markoe, Morgan & Whitney, Pouch &
Co., F. J. Lisman & Co., J. A. Clark & Co., Coffin
& Co., A. E. Fitkin & Co.
EVANSVILLE & TERRE HAUTE RAILROAD
CO. Ref. 5s. Due July 1, 1941.—F.
See Map 22. -
Dated July 1, 1911.
July 1, at New "York
Authorized—$1,284,000.
Outstanding—$1,263,400.
Purpose of Issue—These bonds were issued
for the purpose of retiring the Preferred Stock
of the company and are exchangeable therefor
par for par.
Denomination—Coupon, $50 and _ $1,000.
Registerable as to principal. Twenty $50 bonds
are exchangeable for $1,000 bond.
Trustee—New York Trust Co., New York.
Redeemable as a whole at par and interest
on 60 days’ notice.
Assumed by| the Chicago & Eastern Illinois
R. R. Co. now in hands of receivers.
Protective Committee—See 1st Consol. 6s
above,
Secured by third mortgage on (7) 200 miles of
road from Evansville to Rockville, Ind., with
branches and on the extension from Cynthiana
to Mt. Vernon, Ind., subject to prior liens at
the rate of $30,000 per mile. These bonds are
outstanding at the rate of $6,300 per mile.
Prior Liens—$7,000, eee Dende:
Mar
New York—Coffin & oon F. HL Hatch & a
McGeorge & Vanderhoef.
EVANSVILLE & TERRE HAUTE RAILROAD
CoO. Mt. Vernon Branch 1st 6s. Due April
1, 1923.—F. ,
Registerable
Interest payable Jan. and
See Map
‘Dated Real 1, 1883. Interest payable Apri
and Oct. 1, at Bankers’ Trust Co., New York.
April 1, 1915 interest in default.
‘Authorized—-$375, 000 and $15,000 per mile
or extensions.
Outstanding—$375,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Farmers’ Loan & Trust Co. .» New
York, and Josephus Collett.
Assumed by the Chicago & Eastern Illinois
R. R. Co. at consolidation. Now in the hands
of receivers.
Protective Committee—See 1st Consol. 6s
above.-
Secured by a first mortgage on (9) 25 miles of
road from Cynthiana to Mt. Vernon, Ind.
These bonds a outstanding at the rate of
$15,000 per mile.
Underlies—$3,175, 000 - Evansville & Terre
Haute Ist Gen. 6s of 1942, which: provide for
the retirement of this issue, and ‘$1,263,400
Evansville & Terre Haute Ref. 5s of 1941.
Listed on the ew 3 ore Stock Exchange.
arket.
New York—Ladd & Wood, . A. E. Fitkin & Co.,
W. A. C. Ewen.
EVANSVILLE & TERRE HAUTE RAILROAD
CO.—Sullivan County Coal Branch—Ist
' 5s. Due April 1, 1930.—F.
See Map 22.
Dated Apri 1, 1890. Interest payable April
and Oct. 1 ,at Bankers’ Trust Co., New York.
April 1, 1915 interest in default.
‘Authorized—$15, 000 per mile.
Outstanding—$450,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. j
aoe Loan & Trust Co., New
ork. |
Assumed by the Chicago & Eastern Illinois
. R. Co. at consolidation. Now in hands of
receivers.
Protective Committee—See 1st Cons. 6s above.
Secured by first mortgage on (8) 12 miles of
first track and 18 of sidings extending in south-
easterly direction from Farmersburg, Ind.
These bonds are outstanding at the rate of
$37,500 per mile.
Underlies—$3,175,000 Evansville & Terre
Haute Gen. 5s of 1942, which provide for the
retirement of this issue, and $1,263,400 Evans-
ville & Terre Haute Refunding Mortgage of 1941,
‘Listed on the New York Stock Exchange.
EVANSVILLE ELECTRIC RAILWAY Ist 4s.
Due May 1, 1921.—F.
Dated April 16, 1901. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $1, 900. Registerable
as to principal.
ee eee Loan & Trust Co., New
ork.
Assumed by Public Utilities Co. of Evansville.
Control—Merged in 1906 into the Evansville &
Southern Indiana Traction Co. The property
of the latter company was acquired in 1912 by
the Public Utilities Co. of Evansville. The
latter company is a subsidiary of the Union Ry.,
Gas & Elec. Co. which is controlled through
stock ownership by the Commonwealth Power
Ry. & Light Co.
Secured by first mortgage on practically en-
tire street railway system of Evansville com-
prising 30 miles. Franchises expire in 1951 and
1952. Population of Evansville (1910) 69,647.
Danerhee ete 000 Public Utilities Co. of
Evansville First & Ref. 5s which provide for
retirement of this issue and $1,208,000 Evans-
ville & Southern Indiana Traction Co. 1st Cons.
294
5s of 1937, and $1,615,000 Publie Utilities Co.
6% Notes 1916, é .
e Market.-
Philadelphia—E. W. Clark & Co., Frazier
& Co., Chandler Bros. & Co., Edward V. Kane
& Co.,.E. R. Barnard, R. M. Stinson & Co.,
Geo. N. Fleming, Oscar R. Dare, M. M. Free-
man & Co.,S. K. Phillips.
New York—L. F. Hepburn, Chandler Bros. &
Co., Fred. H. Hatch & Co., A. E. Fitkin & Ca.,
Hodenpyl, Hardy & Co., Inc., Dewing & Co.,
Tobey & Kirk.
Boston—C. E. Denison & Co., F. W. Mason &
Co., Geo. A. Fernald & Co., H. C. Spiller &.Co.,
Hotchkin & Co., L. Sherman Adams, F. B.
Warren
Bassett & Co.
Chicago—Hulburd, & Chandler,
Hodenpyl, Hardy & Co., Inc.
Baltimore—-J. S. Wilson, Jr., & Co.
Albany—John J. Hart.. 3
New Haven—Clarence E. Thompson & Sons.
EVANSVILLE GAS & ELECTRIC LIGHT CO.
Ist & Ref. 5s. Due June 1, 1932.—F.
Dated June 1, 1902. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$1,250,000.
Outstanding—$1,230,000.
Retired by S. F.—$20,000.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago...
Redeemable on any interest date at105 and
interest upon 60 days’ notice.
Sinking Fund—$10,000. bonds are to be re-
deemed annually at 105 and interest from June 1,
1913, to 1922, and $15,000 from 1923 to maturity.
Bonds are to be drawn.
Organization and Control—Incorporated in
Indiana in 1883 and in 1906 all of the stock was
acquired by Evansville Light Co. Entire stock
of this company owned by Union Ry. Gas &
Elec. Co., In May 1918 all the Pfd. & Common
Stocks of the latter Co. were acquired by Com-
monwealth Power, Ry. & Light Co., in exchange
for its own stock.
Secured by a first mortgage on plants supply-
ing gas and electricity in Evansville, Ind. Popu-
lation served 75,000. Franchise for gas perpetual
Original Market—First offered by Mason,
Lewis & Co. (now Lewis Bros. & Co., Boston),
Devitt, Tremble & Co., Farson, Leach & Co. (now
Farson Son & Co., and A. B. Leach & Co.,) New
York and Chicago, at 101 and interest, 1902.
Market.
Chicago—Yard, Otis & Taylor, Wollenberger
& Co., Hodenpyl, Hardy & Co., Inc.
Boston—Lewis Bros. & Co.
New York—Farson, Son & Co., Coffin & Co.,
Hodenpyl, Hardy & Co., Inc., Dewing & Co.
:Philadelphia—R. M. Stinson & Co., Edward
V. Kane & Co., Oscar R. Dare, Geo. S. Fox &
Sons, S. K. Phillips. .
(EVANSVILLE) PUBLIC UTILITIES CO. Ist
Lien & Ref. 5s. Due July 1, 1942.—N.
Dated July 1,1912. Interest payable Jan. and
July 1, at Hodenpyl, Hardy & Co., New York.
Authorized—$10,000,000.
Outstanding—$942,000. :
. Of the $942,000 above, $817,000 are pledged
mauee the $1,615,000 Coll. Tr. 6% Notes, due
Denomination—Coupon, $1,000. Registerable
as to principal. =
Trustee—Commercial Trust Co., Philadelphia.
Redeemable on any interest date at 107 44 and
interest. .
Control—Public Utilities Co. (Evansville) is
controlled by Union Ry., Gas & Elec. Co., all
of whose stock was acquired in May, 1913, by
Commonwealth Power, Ry. & Light Co.
Secured by a general mortgage on all of the
Registerable
295
local street railways in Evansville, Ind., and
interurban line to Princeton and Patoka, about
65 miles in all. Franchises expire 1934 to 1952.
Population served, about 80,000.
Prior Liens—$2,738,000 bonds of absorbed
companies.
Market.
New York—Hodenpyl, Hardy & Co., Inc.
Chicago—Hodenpy!, Hardy & Co., Inc.
EVANSVILLE, SUBURBAN & NEWBURGH
RAILWAY Ist 5s. Due Jan. 1, 1934.—F.
Dated Jan. 1,1904. Interest payable Jan. and
July 1, at Trustee’s office, and National Bank of
Commerce.
Authorized—$500,000.
Outstanding—$490,000.
Retired by Sinking Fund—$10,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. :
‘Trustee—Evansville Trust & Savings Co.
Redeemable for the Sinking Fund at 105 and
interest, and as a whole after Jan. 1, 1920, at 105
and interest. .
Sinking Fund—$2,500 bonds to be retired
annually at 105 and interest. Began 1910. |
Organization—Incorporated in Indiana in
1888 and road opened for operation in 1889.
Secured by a first mortgage on 25 miles of
main track from Evansville to Newburgh and a
five mile branch to Boonville, Ind. Passenger
traffie handled by electricity, freight by steam.
Population served, Evansville, 70,000; remaining
territory, 7,000. Road built on private right of
way.
Net Earnings, 6/30/14......... $38,892
Intérest 3.5 esces en dwasieas Gos 24,500
EVANSVILLE TERMINAL RAILWAY Ist 5s.
Due Jan. 1, 1939.—F.
Dated April 1, 1908. Interest payable Jan.
and July 1, at Trustee’s office and Illinois Trust
& Savings Bank, Chicago.
Authorized—$300,000.
Outstanding—$289,000.
Held in Treasury—$8,000.
Retired by Sinking Fund—$3,000.
Denomination—Coupon, $1,000.
Trustee—American Trust & Savings Bank,
Evansville, Ind.
Redeemable on any interest date at 105 and
interest on 60 days’ notice.
Sinking Fund—Began in 1912.
Guaranteed principal and interest by Evana-
ville Railways Co. — :
Control—Merged May, 1913, into the Evans-
ville Rys. Co. :
Secured by a first mortgage on 10 miles of
electric railway from Evansville to Newburgh,
Ind., where this line connects with that of the
Evansville & Eastern, controlled by the same
company. Population’ served, Evansville, 70,-
000; remaining territory, 3,000.
Net Earnings (E. Rys. Co.)
12/31/14. ......0-- 00 e eee %
Interest.... 0.0.00... 000 0. Sioa i
Original Market—First offered at 90 and inter-
est with 30% preferred stock of Evansville.
Rys. Co.
Market.
Chicago—Hulburd, Warren & Chandler.
Louisville—Lawrence J. Timmons & Co.
New York—A. S. H. Jones.
EVANSVILLE, TERRE HAUTE & CHICAGO
RAILWAY CO. Inc. 6s. Due May 1, 1920.
—N.
See Map 22.
Dated August 9, 1881. Interest payable May
and Nov. 1, at Farmers’ Loan & Trust Co.,
Authorized and Outstanding—$150,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Guaranteed principal and_ interest by the
Chicago & Eastern Illinois R. R. now-in hands of
receivers. ; i : i :
Organization—Incorporated in 1869 and prop-
erty acquired by Chicago & Eastern [Illinois
R. R. Co. in 1900. . 7
Secured by a first mortgage on (4) 49 miles
from Danville Jct., to Otter Creek Jct., Ind.
These bonds are outstanding at the rate of $3,000
per mile.
Protective Committee—See Evansville &
Terre Haute R. R. 1st Consol. 6s above.
Underlies—$46,000,000 Chicago & Bastern
Mllinois, the Gen. Cons. 5s 0} 1937 and the Re-
funding & Improvement 4s of 1955 and Re-
ceivers Ctfs.
eae COMPANY Ist 5s. Due Feb.
’ —F. :
Dated February 1, 1910. Interest payable
Feb. and Aug. 1, at Trustee's office, Chicago.
Authorized—$2,000,000.
Outstanding—$7 62,000.
Denomination—Coupon, $1,000 and $500.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. :
Redeemable at 105 and interest Feb. 1, 1915,
or on any interest date thereafter.
Depreciation Fund—Feb. 1, 1913 1%; Feb. 1,
1914, 2%; Feb. 1, 1915, and annually thereafter
8% of outstanding bonds.
Control—Standard Gas & Electric Co., which
owns a majority of the stock and $915,000 of
these bonds. $426,000 of these bonds and $124,200
of $310,000 preferred stock and $624,400 of
$1,000,000 common stock are pledged under its
Coll. Tr. 6s. :
, Secured by a first mortgage on plants supply-
ing gas to Everett, Snohomish and Monroe,
Wash., and suburbs and electricity to Snohomish
and Monroe. Franchises in Everett expire 1950,
in Snohomish in 1952 and in Monroe 1953. Popu-
lation served, 25,000.
Net Earnings, 12/31/14.......... $33,465
Tnterestececs ys ce tea vas seencatee raters « 42,354
Market.
Chicago—H. M. Byllesby & Co.
New York—H. M. Byllesby & Co.
EVERETT RAILWAY & ELECTRIC CO. Ist 5s.
Due April 1, 1921.—F.
Dated April 1, 1901. Interest payable April
and Oct. 1, at office of Trustee.
Authorized—$1,000,000.
Outstanding—$825,000. (Closed mortgage.)
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
* Assumed by Everett Ry., Lt. & Water Co.
Organization— Merged in 1905 into the Everett
Ry., Light & Water Co., controlling the electrie
railway system, electric lighting business and
water supply of Everett and the adjoining town
of Lowell, and owns a seven-mile interurban line
to Snohomish. Leased to Puget Sound Inter-
national Ry. & Power Co., all of whose stock is
owned by a subsidiary of Puget Sound Traction
Light & Power.
Management—Stone & Webster. ;
Secured by a first mortgage pa practically all
of the street railways in Everett, Wash., compris-
ing 16 miles of track, and on plant supplying
electricity to that city. Population served b
railways, 30,000, by lighting plant, 28,000. Rail-
Sa expire in 1944 and 19650, lighting
in hs
Underlies—$675,000 Everett Ry., Light &
Water Co. 1st Cons. 5s. which provide for retire-
ment of this issue and $929,000 Cons. 5s of 1941.
Market.
New York—J. B. Colgate & Co., F. H. Hatch
& Co., R. B. Hathaway & Co.
Boston—Stone & Webster.
296
EVERETT RAILWAY, LIGHT & WATER CO,
1st Cons. 5s. Due April 1, 1925.—F. ‘
Dated April 1, 1905. Interest payable April
and Oct. 1, at office of Trustee.
Authorized—$2,000,000.
Outstanding—$675,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable on any interest date at 10734 and
interest as a whole. .
Organization and Control—Incorporated in
Delaware in 1905 as a consolidation of Everett
Ry. Elec. Co. and Everett Water Co. Leased
to Puget Sound Int’l Ry. & Power Co., all of the
stock of which is owned by a subsidiary of Puget
Sound Traction Light & Power Co.
Management—Stone & Webster. _ i
Secured by mortgage on the electric railway
system of Everett comprising 19 miles of track,
on plants supplying electricity to the city and
adjoining towns and the water supply system
throughout Everett and Lowell. Population
served, by railways, 30,000, by light, 28,000, and
by water, 27,000. Railway franchises expire in
1944 and 1950; lighting franchise in 1950 and
water franchise in 1945. 2
Prior Lien—$1,325,000 bonds of constituent
companies. .
Underlies—$929,000 Cons. 5s of 1941 which
provide for retirement of this issue. 7
Earnings—Interest charges and taxes paid by
lessee direct.
Market. ;
Philadelphia—Chandler & Co., Geo. P. Bissell.
Boston—Stone & Webster, H. C. Spiller & Co.
EVERETT WATER CO. ist 5s. Due July 1,
9
Dated July 1, 1901. Interest payable Jan.
and July 1, at Bankers Trust Co., New York.
Authorized—$600,000.
Outstanding—$500,000 (Closed mortgage.) .
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable—$10,000 can be called annually
on April 1, at 105 and interest.
Assumed by Everett Ry., Lt. & Water Co.”
Organization—See Everett Ry., Light
Water. 1st Cons 5s.
Management—Stone & Webster. 7
Secured by a first mortgage on plant supplying
water to Everett and Lowell, Wash. Population
served, 27,000. Franchise expires in 1945.
Underlies—$675,000 Everett Ry., Lt. & Water
1st Cons 5s, which provide for retirement of this
issue, and $919,000 Cons. 5s of 1941.
Market.
New York—Tobey & Kirk.
Boston—Stone & Webster.
(THE) EXCELSIOR SPRINGS (MO.) WATER,
GAS & ELECTRIC CO. Ist 6s. Due June
1, 1932.—F.
Dated June 1, 1912. Interest payable June
end, Dec, 1, at Wm. P. Bonbright & Co., New
ork.
Authorized—$500,000.
Outstanding—$290,500.
Held in Treasury—$28,000.
Retired by Sinking Fund—$6,500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—New York Trust Co., New York, and
St. Louis Union Trust Co., St. Louis.
Redeemable on any interest date at 103 and
interest.
Improvement and Sinking Fund—Annually on
Aug. 1, from 1918 to 1916, 2% of outstandin:
bonds; 1917 to 1921, 8 %; 1922 to.1931,4%. This
fund may be used for the reconstruction and re-
placement of its permanent properties or for the
purchase or redemption of these bonds at not
exceeding 103 and interest.
Organization — Incorporated in 1912 in
Missouri to take over the water, gas, electric
and steam heating properties operating in Ex-
celsior Springs, Mo.
Secured by a first mortgage on all the property
of the company. Population served 6,000.
Franchises; water expires in Oct., 1926; Gas and
Electricity in March, 1932 and steam heating
in March, 1942.
Net Earnings, 12/31/14 ae $46,174
Interest .........0e eee -, 16,800
Original Market—$280,000 offered in 1918 by
Wm. P. Bonbright & Co., New York.
297
Market.
New York—S. L. Snowden.
=
FAIRMONT & CLARKSBURG TRACTION
CO. Ist.5s. Due Oct. 1, 1938.—N.
Dated October 1, 1903. Interest payable
April and Oct, 1, at New York.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on any inter-
est date.
Control—Consolidated into the Monongahela
Valley Traction Co.
_ Secured by a first_mortgage on street railways
in Fairmont and Clarksburg, . Va. Inter-
urban line 25 miles long between these cities,
and several branch lines, a total of 100 miles of
track. Also owns plant and_ distribution sys-
tem supplying electricity in Fairmont. Popu-
lation served, 60,000. Franchises in Fairmont
are perpetual. Elsewhere shortest franchises
extends to 1952. Interurban lines are on pri-
vate right-of-way.
Underlies—$2,500,000 Monongahela Valley
Tract. Ist 5s. Bonds are reserved under that
mortgage to retire this issue.
Net Earnings, 12/31/14.......... $552,665
Interest and taxes............... 308,642
IG TSSUG 5. occ et evi no oye entrees agave 183,642
Listed on the Philadelphia and Boston Stock
Exchanges. -
Original Market—Offered in 1908 by Chandler
Bros. & Co., Philadelphia, and Middendorf,
Williams & Co., Baltimore, at 93 and interest.
Market.
Baltimore—Hambleton & Co., Sutton & Co.,
Walter Koppelman, Nelson Cook & Co., Baker,
Watts & Co., Stein Bros., Poe & Davies, Jenkins,
Whedbee & Poe, H. R. Taylor & Co., Middendorf,
Williams & Co., J. Harmanus Fisher & Son,
Strother, Brogden & Co., Colston, Boyce & Co.,
Townsend Scott & Son, Fidelity Trust Co.
Philadelphia—Henry & West, E. V. Kane &
Co., Oscar R. Dare.
Pittsburgh—H. P. Taylor & Co.
Wheeling—Geo. W. Baron.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
FAIRMONT COAL COMPANY Ist S. F. 5s
Due July 1, 1931.—N.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized—$6,000,000.
Outstanding—$4,893,000.
Retired through Sinking Fund—$918,000.
Deposited under Consol. Coal Ist & Refg.
Mtge.—$189,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—United States Mortgage & Trust
Col, New York.
Redeemable at 110 and interest for sinking
fund only.
Sinking Fund—Two cents per ton of all coal
mined. One-half of proceeds of this fund may
Le yee for acquisition of additional coal-bearing
ands.
Control—The Consolidation Coal Co. owns
the entire capital stock of the Fairmont Coal Co.
Secured by a first mortgage on 36,000 acres of
coal land and 3,300 acres of surface land, owned
in fee, and on perpetual leasehold interest on
23,000 acres of coal land, located in and around
Fairmont, W. Va.
Underlies—$30,100,000 Consolidation Coal
Co. 1st & Ref. 5s of 1950 Debentures and notes.
Bonds are reserved under the Ist & Refg. mort-
gage to retire this issue.
Net Earnings, Consol. Coal Co.
Registerable
12/81/14. oocs s 5 saws 6 bows $3,392,646
Tuterest: 4 sc pas a a botan ane wn ve BA 1,113,576
Sinking Funds................. 269,377
Original Market—Offered in 1902 by Harvey
- Fisk & Sons, New York, at, 98 and interest.
Market. 7
New York—Spencer Trask & Co., Midden-
dorf, Williams & Co., Knauth, Nachod & Kuhne,
Coffin & Co., Robinson & Co., F, J. Lisman &
Co., J. S. Bache & Co., Potter, Choate & Pren-
tice, Hartshorne & Battelle, E. & C. Randolph,
Jacobson & Friedman, Hambleton & Co., H. P,
i A & Co., Jones & Lanman, Gude, Winmill
‘oO.
Baltimore—Jenkins, Whedbee & Poe, Poe &
Davies, J. H. Fisher & Son, Mercantile Trust &
Deposit Co., John D. Howard & Co., Midden-
dorf, Williams & Co., Hambleton & Co., Baker,
Watts & Co., Fidelity Trust Co., Strother,
Brogden & Co., Colston, Boyce & Co., Sutton &
Co., Hambleton & Co.
Philadelphia—S. K. Phillips.
Pittsburgh—H. P. Taylor &
Buffalo—H. P. Taylor & Co.
FAIRMOUNT PARK TRANSPORTATION CO.
1st S. F. 5s. Due April 1, 1937.—N.
Tax exempt in Pennsylvania. ;
Dated April 1, 1912. Interest payable April 1
and Oct. 1, at Trustee’s office.
Authorized—$750,000.
Outstanding—$750,000. “
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest on 60 days’
notice.
Sinking Fund—$13,000 annually on and after
Oct. 1, 1915, plus interest on bonds retired.
About $475,000 bonds will be retired by sinking
fund by maturity. 7
Organization—Incorporated in New Jersey in
ae Placed in the hands of receivers in March,
Secured by a first mortgage on all the property
of the company, including 84 miles of railway
in Fairmount Park, Phila., and Woodside Park,
an amusement park of 26 acres. This line is
the only transportation line operating in the
park. Franchise from Park Commissioners ex-
pires in 1939.
Net Earnings, 10/31/14 . «.. $52,467
Interest so. 5: « Asses 6 oo sews oe ke 56,001
_ Original Market—Offered in 1912, at 96 and
interest by E. W. Clark & Co., Philadelphia
Market.
Philadelphia—E. W. Clark & Co.
FARGO & MOORHEAD ST. RAILWAY Ist 5s.
Due Jan. 2, 1925.—N.
Dated Jan, 2, 1905. Interest payable Jan.
and July 2.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $500.
Trustee—State Bank of Chicago, Chicago.
Redeemable at 105 and interest.
Control—All of the stock owned by Consumers
Power Co., which is controlled by the Northern
States Power Co.
Secured by a first mortgage on 18 miles of
electric railway in Fargo, N. D., and Moorhead,
Minn., with interurban line to Dilworth, Minn.,
Franchise granted in 1912 expires June, 1987.
Population served, 20,000.
Underlies—$100,000 2nd 6s.
Net Earnings, 12/31/14....... Oe
Co.
$46,271
Market.
Chicago—Hulburd, Warren & Chandler, H.
M. Byllesby & Co.
New York—J. A. Clark & Co., H. M. Byllesby
Co.
Minneapolis—Stevens, Chapman & Co.
FARGO & MOORHEAD STREET RAILWAY
2d 6s. Due Jan. 2, 1925.—F.
Dated Jan. 2, 1905. Interest payable Jan.
and July 1, at Trustee’s office.
298
Authorized and Outstanding—$100,000,
.. Denomination—Coupon, $1,000. : ‘
Trustee—Northwestern Trust Co., St. Paul,
Minn. .. fens iat Me
Redeemable at 105 and interest.
SCARE ag 1st 5s above.
cured by a second mortgage on propert
described under 1st 5s. . Sees
» Prior Liens—$200,000 1st 5s. ie
, Earnings—See 1st 5s above. .- . . a
Market. :
Philadelphia—S. K. Phillips. |
: New York—H. M. Byllesby & Co. - ati
Chicago—H. M. Byllesby & Co.
FARGO & SOUTHERN RAILWAY CO. Ist
.6s.. Due Jan. 1, 1924.—N.
See Map 31.. an
Dated October 10, 1883. Interest payable
Jan, and July 1, at office of C., M. & St. P
42 Broadway, New York. :
Outstanding—$1,250,000. (Closed mortgage).
Denomination—Coupon, $1,000. ;
Foo. See Loan & Trust Co., New
ork. :
Control—Absorbed by Chicago, Milwaukee &
St. Paul Ry. Co. :
._ Assumed by the Chicago, Milwaukee & St.
Paul Ry. Co. A
Secured by a first mortgage on (9) 117 miles of
road from Fargo, ak., to Ortonville, Minn.
These bonds are outstanding at the rate of
$10,700 per mile, This is the only line operated
by the C., M. & St. P. Ry. Co. into Fargo, ._.
.. Underlies—$256,000,000 Chicago, Milwaukee
= ote Paul Gen., Gen & Refg. and Debenture
onds.
Legal for Balt., Cal., Conn., Fla., Mass., Mich.
Minn., Mo., N. H., N. J., N. Y., R. I. and Wis,
Listed on the New York Stock Exchange.
Market. :
New York—W. C. Langley. & Co., L. M. Prince
& Co., F. H. Hatch & Co.
FAYETTE & McMINNVILLE BRANCHES
1st 6s, 1917. See Nashville, Chattanooga &
St. Louis Railroad.
FAYETTE HOME TELEPHONE CO, Ist 5s.
Due April 1, 1921.—N. ; bee
Dated April 1, 1901. Interest. payable April
and Oct. 1, at Trustee’s office or Guaranty Trust
Co., New York..- 4
Authorized—$300,000.
Outstanding—$300,000 ($100,400 held in the
Company’s treasury).
- Denomination—Coupon, $100 and $500.
Trustee—Cleveland Trust :Co., Cleveland, O.
Secured by a first mortgage on 3 exchanges
and 300 miles of pole wire in Fayette and Wood-
ford Counties, Ky. Population. served, 75,000,
including that of Lexington, Versailles and
Midway. Franchise-in- Lexington expires in
1929, in Versailles in 1921.
Net Earnings, 12/31/14........... $94,985
DMCOTOSE oo iccts-o ceseeimaieas Sake tegetepate ge Sys 0,
Listed on the Louisville Stock Exchange.
Market.
Louisville—Henning, Chambers & Co.
FEDERAL LIGHT & TRACTION CO. Ist Lien
S. F. 5s. Due March 1, 1942.—N.
Pennsylvania State tax refunded.
Dated March 1,1912. Interest payable March
and Sept. 1, at New York or London.
Authorized—$50,000,000. i
Outstanding—$3,522,000.
Retired by Sinking Fund—$120,500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only. Registered,
$1,000 and multiples. — “a
Trustee—Columbia Trust Co., of New York.
Redeemable as a whole at 102 and interest,
on any interest date upon 12 weeks’ notice.
299
4. Sinking Fund-144% of bonds ‘outstanding
annually, to March 1, 1928; 2% of- bonds out-
standing March; 1, 1923 to March 1, 1933; 234%
of bonds outstanding March 1, 1933, to maturity
for the purchase and cancellation of bonds of
this issue if obtainable at or below 102 and
interest., If bonds cannot be purchased at -this
price the sinking fund monies shall be invested
in new property which shall become directly
subject to the lien ofthe mortgage. Three
years prior to the expiration of the franchise
of any subsidiary company whose franchise
expires prior to the maturity of these bonds, a
sum equal to the physical replacement value of
the property shall be paid to the sinking fund,
to be used in the same manner as regular. annua)
payments. =
“. Organization—Incorporated in New York in
1910. In addition to the companies enumerated
below, this company also controls the Central
Arkansas Ry. & Lt. Corp. operating all of the
public utilities in Hot Springs, Ark.
Secured by a first lien on all of the first mort-
gage bonds ‘and practically all of the stocks. of
the ‘following companies: Albuquerque Gas,
El. Lt. & Pr. Co., supplying gas and electricity in
Albuquerque, N. “ Population served, 15,000.
Electricity franchise expires in 1927, gas in 1929.
Albuquerque Power Co., which generates elec-
tricity, which. it: supplies to'\ above Company.
Gray’s Harbor Ry. & Lt, Co., supplying electric-
ity in Aberdeen,- Hoquiam-and Cosmopolis,
Wash., and operating 10 miles of electric railway
in and between those towns. Franchises expire
in 1953'.and 1959. Population served, 28,000.
Hobart Electric -Co., supplying electricity in
Hobart, Okla. Population, 4,000.. Las Vegas
Light & Power Co., supplying electric light and
owning entire capital stock of Las Vegas Transit
Co., which owns the street--railways. in Las
Vegas, N. M. Population served, 4,000. Raw-
lins Electric Lt..& Fuel Co., supplying-electricity
in Rawlins, Wyo. Population, 5,000. ; Sheridan
County Electric Co., supplying electricity to
Sheridan, Wyo., and coal mines in vicinity.
Population served, 10,000. Trinidad Elec. Trans.,
Ry. & Gas Co., supplying gas and electricity in
Trinidad, Col., ‘and. operating 19 miles of street
and interurban electric: railway. Population
served, 12,000,. Principal electric frarichise per-
petual, street railway expires in 1953 and gas in
1930. Tucson Gas, El. Lt. & Pr. Co., supply 38
gas. and electricity in Tucson, Ariz. ; Tucson
Rapid Transit Co., owning 4 miles of street rail-
way in Tucson, Ariz. Population served, 15,000.
Franchise expires -in -1930.---Further secured by a
second lien on $1,600,000 (entire’issue) stock of
the Springfield Ry. & Lt. Co., owning all of the
stocks of companies: supplying gas, electricity
and ‘heat in: Springfield, Mo., and’ operating
23 miles of street railway. Population served,
40,000. Gas franchise expires in 1929, steam
heating, 1936, street railway in 1944, and elec-
tricity franchise is perpetual.
Underlies—$2,940,000 debentures.
“ Net Earnings, Controlled Cos.,
12/31/14
Interest, Incl. Fed. L. & T....... 586,155
Original Market—Offered in 1912 and 1913 by
White, Weld & Co., New York, et¢., at 9314 and
interest.
t
oe Market.
New York—Jas. B. Colgate & Co., White,
Weld & Co., Low, Dixon & Co., Colgate, Parker
& Co., L. A. Norton, Lamarche & Coady, Did-
richsen & Co., Berdell Bros., Gude, Winmill &
Co., Kirkpatrick & Lewis, Howe, Norris & Co.
Philadelphia—Montgomery, Clothier & Tyler.
Chicago—White, Weld & Co., Hulburd, War-
ren & Chandler. J
.- Baltimore—J. S. Wilson, Jr., & Co.
Boston—Moors & Cabot, L. Sherman Adams.
Providence, R. I.—Bodell &-Co. g
FEDERAL LIGHT & TRACTION CO. 10-year
6% Deb. Due March 1, 1922.—N.
Dated March'+1, 1912. Interest payable
Starck 1 and Sept. 1, at company’s office, New
ork. ‘ BE
Authorized and Outstanding—$1,500,000.
Trustee—Brooklyn Trust Co., New York.
Redeemable as a whole at par and interest
on six weeks’ notice. oe
Convertible into Ist 5s of 1942, at $1,000 face
value of debentures for $1,111.11 face value of
1st 5s provided net earnings for previous year
of controlled companies exceed 214 times total
interest charges on 1st 5s issued. The company,
however, reserves the right to purchase at 101
and interest any debentures presented for con-
version.
. ‘Secured by a lien on the property described
under the 1st 5s above.
_Prior Liens—-$2,000,000 Springfield Ry. &
Light Co. 1st 5s of 1926 and $3,400,000 Federal
Light & Traction Co. 1st 5s of 1942.
: ‘Earnings—See 1st 5s above.
- Original Market—Offered Jan., 1913, at 98
and interest by White, Weld & Co., New York,
Boston and Chicago.
Market. ~ ‘
New York—White, Weld & Co., Didrichsen &
Co., Gude, Winmill & Co., Howe, Norris & Co.
Providence, R. I.—Bodell & Co.
Chicago—Elston, Clifford & Co.
FEDERAL PUBLISHING CO. Coll. Trust 6s.
Due Feb. 15, 1920.—F.
Dated Feb. 12, 1900. Interest payable Feb.
and Aug. 15, at Equitable Trust Co., New York.
- Authorized—$1,200,000. :
Outstanding—$480,000. ‘
Retired by Sinking Fund—$720,000: *
‘Denomination—Coupon, $1,000. Registerable
as to principal. ~ - a :
Trustee—Equitable Trust Co., New York.
: Redeemable—$120,000 per annum at par and
interest, or 110 and interest at any time.
. Secured by a first lien on entire stocks of The
Butterick Publishing Co. and The Standard
Fashion Co. =
Control—aAll stock owned by The Butterick Co.
Earnings (after interest) Butterick
Co., 12/31/14. ........ Fi ta ah ran $499,104
Dividendtnc ds bec inw ea. Seas ... 489,416
‘ Market. :
_ New York—Fred. H. Hatch & Co., Chas. H.
Jones & Co., Hendrickson & Co.
Philadelphia—Chas. T. Brown & Co.
FEDERAL STREET & PLEASANT VALLEY
TRACTION CO. Gen. 5s. Due 1919.—F.
Tax free in Pennsylvania.
.- Dated, 1889. Interest payable January 1 and
July 1, at Trustee’s office. :
Authorized—$300,000.
Qutstanding—$92,000. :
Exchanged for Consol. 5s, $208,000. :
Denomination—Coupon, $1,000.-
Trustee—Fidelity Title & Trust Co., Pitts-
burgh, Pa.
Control—See Consol. 5s above.
Secured by a first mortgage on lines described
under Consol. 5s, above, as subject to the lien
of these bonds.
Market.
Pittsburgh—H. P. Taylor & Co., Donner,
Child & Woods. ;
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
FEDERAL STREET & PLEASANT VALLEY
paluway CO. Cons. 5s. Due May 1,
Tax exempt in Pennsylvania. :
Dated May 1,1892. Interest payable Jan. and
July 1, at Trustee’s office.. “<
Authorized—$1,250,000. ~
300
Outstanding—$1,073,000.
Denomination—Coupon, $1,000.
as to principal. -
Trustee—Fidelity Title & Trust Co., Pitts-
burgh, Pa. uh ,
Organization and Control—Incorporated in
Pennsylvania in 1868. . Leased to the United
Traction Co. of Pittsburgh, which owns $700,000
of the $1,400,000 stock for 960 years at annual
rental of interest, taxes and 5% on the stock,
All of the common stock of the United Traction
Co. is owned by the Philadelphia Co. and its
properties are operated under an agreement by
the Pittsburgh Rys. Co.
Secured by a second - mortgage on street
railways on Federal St.,:from North Ave. to
Perrysville Ave. to East St., on Arch St., from
North Ave. to Jarvella St. to Monterey St. and
on Columbus St., from New Brighton Road to
California Ave. to ‘Superior Ave., formerly
owned by the Observatory Hill Passenger Ry.
Co.; on Canal St. from Anderson St. to Sandusky
St. to North Ave. to Federal St., on North Ave.
from Sandusky St. to East St. to former city
line, now boundary between 25th and 26th
Wards, at Elmira St., and on Madjson Ave. from
East St. to North Ave., formerly the property
of the Peoples’ Park Passenger Ry. Co.; both
of which companies were merged into the Fed-
eral St. & Pleasant Valley Pass. Ry. Co., these
properties being subject to $92,000 Gen. 5s of
that company; a second mortgage on line from
Liberty Ave. on Anderson Ave. over bridge to
Canal St. to Union Ave. to Ohio St. to Federal
St. to North Ave. to Monterey St. to Jarvella
St. to New. Brighton Road to Columbus St. to
Taggart St. to Perrysville Ave., and on Strauss
St. from Taggart St. to Irwin Ave., which was
the property of the Federal St. & Pleasant Valley
Passenger Ry., prior to its consolidation with
other roads, and which is subject to $92,000
Gen. 5s of 1919; on California Ave: from Superior
Ave. to the City Line, formerly the property
of the Allegheny St:-Ry: and subject to $27,000
of its Ist 5s of 1920; on California Ave. in Belle-
vue to Lincoln Ave. to California Ave. in Avalon
formerly the property of the Allegheny & Bellevue
St. Ry. Co., and subject to $18,000 of its 1st 5s
of 1920; on North Ave. from East St. to Madison
Ave. to Peralta St. to Troy Hill Road to Gardner
St., formerly the property of the Perry St: Ry.
Co., and subject to $3,000 of its 1st 5s, 1920, and
on Troy Hill Road to Lawry St. to City Line,
formerly the property of the Troy Hill St. Ry.
Co. and subject to $37,000 of its-1st 5s of 1920.
Also secured on trackage rights on 7th Ave.,
from Smithfield St. to Grant St., 6th Ave. from
Smithfield St. to Liberty Ave., and on Sandusky
St. from Liberty Ave: to Duquesne Way. The
total length of track is about 34 miles, Riteghens}
Registerable
all located in the North Side (formerly Allegheny)
of Pittsburgh. All franchises are perpetual.
A large number of the earlier franchises under
which the above lines were built give the city the
right to acquire the property at any time, and
many impose taxes on cars, and on gross and
net earnings. ft
Listed on the Eattaburgt Stock Exchange.
arket. Ss
Philadelphia—E. W-. Clark & Co., Oscar R.
Dare, Barclay, Moore & Co. .
Pittsburgh—H. P. Taylor & Co.
Child & Woods. -
Baltimore—Riggs & McLane.
New York—H. P. Taylor & Co., C. H. Hensel.
Buffalo—H. P. Taylor & Co.
FEDERAL TELEPHONE & TELEGRAPH CO.
‘Ist & Ref. 5s. Due February 1, 1959.
‘ Dated February 1, 1909. Interest payable
February and August 1, at Trustee’s office.
Authorized—-$25,000,000.
Outstanding—$801,100.
Held in Treasury—$74,900.
Donner,
Denomination—Coupon, .$100, $500
$1,000. Registerable as to principal
Trustee—Equitable Trust Co., New York.
_ Redeemable on any interest date at 105 and
interest.
Organization and Control—Incorporated in
New York in 1908. A majority of the stock is
owned by the Consolidated Telephone Co.
Secured by a mortgage on some 80 independent
telephone ouehankes and local systems, located
in towns in central and western New York State,
and on long distance lines connecting them.
Prior Liens—$5,200,000 bonds of absorbed
and
companies.
Net Earnings, 12/31/14.. $553,412
Interests: jcsccecscaa spawn 331,301
Boston—Hotchkin & Co.
FELLSMERE FARMS CO. (FLORIDA) Ist S. F.
6s. Due July 1, 1925.—F.
Dated July 1,1910. Interest payable Jan. and
July 1, at New York.
Authorized—$1,500,000.
. Ontstanding—$100,000.
ws amarante cis $100, $500
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
and
date.
Sinking Fund—Payments to sinking fund must
equal at least 150% bonded debt of land sold,
payment to be made in cash or purchase money
mortgage Whenever the cash received from
the sale of land amounts to $25,000, that amount
is to be applied to the purchase or redemptior
of these bonds at not over 105 and interest.
Secured by a first mortgage on all property
consisting of 118,000 acres of tand in Brevard
and St. Lucie Counties, Florida, which is being
drained and prepared for cultivation.
Underlies—-$429,000 Debentures.
Original Market—First offered in 1911 by
O’Connor & Kahler (now Kahler & Co.), New
York and Chicago, at par and interest.
arket. r
New York—Engineering Securities Corp.,
Tobey & Kirk.
Boston—L. Sherman Adams.
FITCHBURG & LEOMINSTER STREET RAIL-
WAY Ist 5s. Due 1917.—N. ;
Dated April 1, 1897. Interest payable April 1
and Oct. 1, at First National Bank, Boston.
Authorized and Outstanding—$150,000.
Denomination—Coupon, $500.
Trustees—E. F. Belding, W. B. Tenney and
H. I. Wallace.
Organization—Incorporated in Massachusetts
in 1886. Name changed to present title in 1892.
Secured by a first mortgage on eight miles of
electric railway from Fitchburg to Leominster,
Mass. Population served, 55,000. Company
also owns 30 miles of road from Leominster to
Ayer.
Underlies—$150,000 Cons. 434s. Company
has a floating debt in excess of $700,000.
Net Earnings, 6/30/14........... $108,570
Interest and taxes.............45 9,180
Market.
Boston—Geo. A. Fernald & Co.
FITCHBURG RAILROAD CO.
bentures.—_N.
See Map 13.
. Interest payable semi-annually from date of
bonds, at Company’s office, Boston.
Outstanding—$14,294,000 as follows:
Dated Outstanding Interest Rate
July 1, 1896
$500,000 4%
October 1, 1900 500,000 3 &
October 1, 1901 1,775,000 844%
May 1, 1905 3,660,000 AY,
April 1, 1907 2,000,000 4
20-Year De-
‘0
301
May 1, 1908
January 1, 1912
January 1, 1913
January 1,1914 1,872,000
Denominations—All issues.
Registerable as to principal. Bonds due 1920,
1925, 1927, 1928 and 1932. Registered, $5,000,
$10,000 and $50,000. Coupon bonds exchange-
able for Registered.
Organization and Control—Incorporated in
Massachusetts in 1842, Leased for 99 years
from 1900 to the Boston & Maine R. R. Co., at
an annual rental of interest, taxes and all other
expenses, including $7,000 per annum organiza-
tion expenses, and 5% on the preferred stock
and 1% on the common stock. All of the out-
granning stock is owned by the Boston & Maine
- R. Co.
Security—These bonds are not secured by a
mortgage. Under the laws of Massachusetts
the company cannot place any mortgage on its
property, without equally securing these bonds
with any issued under such mortgage.
The Fitchburg R. R. Co. owns (7 & 8) 394 miles
2,400,000. 434%
17200000 4
400,000 434%
5%
Coupon, $1,000.
of road, of which 140 miles are double-tracked.
The line extends from Boston to Fitchburg,
Mass., Worcester, Mass., to Bellows Falls, Vt.,
Greenfield, Mass., to Saratoga Springs and
Rotterdam Jct., N. Y., Pownal, Vt., to Troy,
N. Y., and numerous branches. The company
leases the Vermont & Massachusetts R. R. for
999 years. This line extends from Fitchburg to
Greenfield, Mass., 55 miles, all double-tracked,
eee the two parts of the Fitchburg R.
. Co.
Of the mileage owned, (7) 35 miles from Pownal
Vt. to Troy, N. Y., are subject to $573,000
mortgage bonds, issued before the road was
acquired by the Fitchburg R. R. Co., due 1924.
There are also $9,200,000 debenture bonds
outstanding in addition to those enumerated
above; $5,000,000 of those bonds are owned by
the State of Massachusetts.
Legal for Conn., Me. and Mass.
Listed—Bonds maturing 1914, 1915, 1916,
1917 and 1932 are listed on the Boston Stock
Exchange.
Market.
New York—Blodget & Co., Curtis & Sanger,
Estabrook & Co., Harris, Forbes & Co., Remick,
Hodges & Co., Coffin & Co., Lee, Higginson &
Co., Adams & Co., Gude, Winmill & Co.
Boston—R. L. Day & Co., N. W. Harris &
Co., Ine., Adams & Co., Walter S. Place, Geo. A.
Fernald & Co., Hayden, Stone & Co., E. M.
Farnsworth & Co.,
Chicago—Harris Trust & Savings Bank.
FITCHBURG RAILROAD CO. 30-year Deb. 4s
Interest’ payable semi-annually from date of
bonds,-at company’s office, Boston.
Dated Outstanding
June 1, 1890.......... Petia s 00,000
March 1, 1897.. 2,750,000
January 1, 1898, 1,450,000
Denomination—All issues. Coupon, $1,000.
Registerable as to principal. Bonds due 1920
and 1928. Registered, $5,000, $10,000 and
ae Coupon bonds exchangeable for Reg-
istered.
For all other details see 20-year Debs., above.
Listed on the Boston Stock Exchange
Market.
See 20-year Debs., above.
FLINT & PERE MARQUETTE RAILROAD CO.
1st 6s and 4s. Due Oct. 1, 1920.—F.
See Map 100,
Dated October 1, 1880. Interest payable
April and October 1, at J. P. Morgan & Co., New
York. Interest now in default.
Authorized—$4,000,000 63; $1,000,000 4s,
Outstanding—$5,000,000.
Denomination—Coupon, $1,000.
Trustees—W. W. Crapo-and. Alfred M. Béyt.
Assumed by the Pere Marquette -R. R. Co.
Control—Absorbed by the Pere Marquette
R. R, Co., which is now in hands of receiver.
Protéctive Committee—E. V. Thayer, Arthur
Adams, S. T.\"Crapo; F. R. Hart, Henry R.
Hoyt, Albert H. Wiggin, F.. H. Ecker, H. F.
Whitcomb and Oliver Prescott. Secretary,
W. B. Donham,’17 Court St., Boston. De-
positaries, Old Colony Trust Co., Boston, Cen-
oe Co. and New-York Trust Co., New
or
- Secured by a first mortgage on (4) 281 miles of
road from Monroe through Saginaw to Ludington,
Mich., and branches to Bay City. From Lud-
ington car ferries are operated across. Lake Michi~
gan to Milwaukee, Manitowoc and Kewaunee,
Wis. The’ road covered by this mortgage is
one of the main lines of the Pere Marquette
System. These bonds are outstanding at. the
rate of $18,000 per mile.
Underlies—$37,000,000 Flint & P. M. Consol.
5s and Pere Marquette Consol. 4s,.Ref. 4s and
Impt. & Ref. 5s: Bonds are reserved under the
Pere Marquette Ref. 4s to retire this issue.
- Listed on the New ‘York and Boston Stock
Exchanges. ;
Market. -
New: York—McGeorge & Vanderhoef, Wm.
A. C. Ewen, Wolff & Stanley, Coffin & Co.,
F. H. Hatch & Co., Newborg & Co., Tobey &
Kirk, Dominick Bros. & Co., Foster & Adams,
Hartshorne & Battelle, Blodget & Co., Samuel
Goldschmidt, Wood, Struthers & Co. oe
*Boston—Walter §. Place.
_ Albany—John J. Hart. -
FLINT & PERE MARQUETTE RAILROAD CO-
Toledo Div. Ist 5s. Due July 1, 1937.—N.
See Map 100. .
Dated July 1, 1897. : Interest payable Jan.
and July 1, at. Trustee’s office. Interest in
default.
- Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. Registerable
as to principal. eM
Trustee—International Trust Co. .» Boston,
Mass.
Assumed by Pere Marquette R. R. Co.
Control—Absorbed by the Pere Marquette
R. R. Co., now in hands of receivers.
Protective Committee—See ist 4s and 6s above.
Secured by a first mortgage on (5) 18 miles of
road from Monroe to Alexis, Mich.; and on
trackage rights of Ann Arbor R. R. from Alexis
to Toledo, Ohio. This line gives the Pere
Marquette R. R. its entrance into Toledo, Ohio.
These bonds are outstanding at the rate of $22, -
000 per mile.
Underlies—$47,000,000 Flint & Pere. “Mar-
quette Cons. 6s and Pere Marquette Cons. 4s,
Ref. 4s and Impt. & Gen. 6s. Bonds'‘are reserved
under the Ref. Mtge. to retire this issue.
Market.
New York—Wnm. A. C. Ewen, Blodget & Co.,
Redmond & Co., Hartshorne & Battelle.
FLINT & PERE MARQUETTE RAILROAD
CO. Port Huron Div. Ist 5s. Due April 1,
1939...
See Map
Dated Say on, 1889.
and Oct. 1, at Is P. Morgan &
City. Interest in default.
Authorized—$3,500,000. -
Outstanding—$3, 225, 000.
Held-in Pere Marquette Treasury—$175,000.
Denomination—Coupon, $1,000. Registerable
as.to principal.
Trustee—Central Trust Co., New York.
Assumed by the Pere Marquette R. R. Co.
Control—Absorbed by the.Pere Marquette
R. R. Co., which is now in the hands of receivers.
Interest payable April
Co., New York
302
’ Protective Committee—See 1st 48 and 6s above.
Secured by a first mortgage‘on (6). 230 miles of
road from Port Huron to Saginaw, Mich.,. and
Port _Huron to Grindstone. City,. Mich., -and
branches. These bonds are. outstanding ae the
rate of $15,200 per mile.
- Underlies—See Toledo Div. Bay “above.
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—Korn, Lehman :-& Co. ‘Wolff &
Stanley, Wm. A. C. Ewen, Coffin & Co., Taher.
& Kirk, Redmond & Co., Newborg.& Co., F. H.
Hatch & Co., Hartshorne & Battelle, Aetrick &
Bennett, F. J. Lisman &:Co.
FLINT & PERE MARQUETTE RAILROAD CO.
1st Cons. 5s. Due May 1, 1939.—F.
See Map 101.
Datéd March 1, 1889. Interest payable May
and Noy. 1, at .Trustee’s office, New York.
Interest-in default. ;
Authorized—$10,000,000.
Outstanding—$2,850,000 (Closed mortgage.)
Denomination—Coupon, $1, 000. Registerable
as to principal. .
Trustee—Central Trust Co., New York.
Assumed by Pere Marquette R. R. Co.
Control—A bsorbed :. by. the. Pere’ Marquette
R. R. Co., now in the hands of receivers.
Protective Committee—See 1st 4s and 6s above.
Secured by a first mortgage on (1) 120 miles of
branch lines and a second mortgage on (2) 529
miles of road from Alexis (near Toledo) O., to Lud=
ington, Mich., Port Hurom'to~Saginaw, Mich.;
Port Huron to Harbor Beach and Grindstone
City, Mich., and branches, subject to prior liens
at the average rate of:$16,500 per mile.- These
lines comprise some of the most important ‘of
the Pere Marquette-System. These bonds are:
outstanding at. the rate of $4,400 per mile, 2
Prior Liens—$8,725,000 divisional bonds.
Underlies—$34, 488, 000 Pere Marquette Cons.
4s,’ Refunding 4s: and Impt. & Ref. Gen. 5s.
Bonds are reserved under the Ref. Mtge..ta
retire this issue.
-Eisted on the Boston and New York Stock
Exchanges.
Market...
New York—Wm. A. C- Ewen, Ladd & Wood,
Curtis & Sanger, Coffin & Co., Newborg & Co.,
Redmond & Co., F: H. Harch & Co., F. J. Lisman
& Co., Hartshorne & Battelle, Vickers & Phelps.
FLINT GAS CO. Ist 5s. Due Nov. 1, 1924—N.
Dated Nov. 1, 1904. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$500, 000.
Outstanding— $500,000. -
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Michigan Trust Co., Grand Rapids.
Redeemable at 105 and interest. -
Control—Absorbed in 1914 by Michigan Light
Co., 2 subsidiary of the Commonwealth Power,
Ry. & Light Co. .
Secured by a first mortgage on plant supplying
gas to Flint, Mich. Population served, 19,000.
Franchise expires in 19380.
Net Earnings, Mich. Lt. Co.
DAA BV AVA csc o24 i hE Seg recta ian $593,944
UT CON OS bis. 158: wisn 5.6 sop gous; tannin bub 140,800
Market.
Boston—H. L. Nason & Co., F. W. Mason &
Co.
‘* Philadelphia—E. W. Clark & Co., E. R.
Barnard.
New York—Plympton, Gardiner & Co., L.
eS ae burn, Hodenpyl, Hardy & Co., Ine.,
athaway & Co., Kirkpatrick & Lewis.
FP Ciicage cnaveck *Warren .& Chandler,
Wollenberger & Co., Hodenpyl, Hardy & Co., Inc.
non Rapids—Howe, Snow, Corrigan &
ertles.
FLORIDA CENTRAL & PENINSULAR RAIL-
ROAD CO. Ist 5s. Due July 1, 1918.—N.
See Map 114.
Dated July 12, 1888. Interest payable Jan.
and July 1, at office of Blair & Co., 24 Broad
Street, New York.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Recatet—-Merred into the Seaboard Air Line
y. Co. ;
Secured by a first mortgage on (1) 574 miles of
road from Ferdinada to Cedar Keys, Waldo to
Plant City, Yulee to Jacksonville, Jacksonville
to Chattahoochee River, where connection is
made with the Louisville & Nashville R. R. for
New Orleans, and branch to Monticello. The
entire road covered by this mortgage is located
in Florida, and includes-the principal lines of the
Seaboard Air Line Ry. in that state. These bonds
are outstanding at the rate of $5,200 per mile.
Underlies—$66,347,000 Florida Central &
Peninsular R. R. and Seaboard Air Line Ry.
bonds. Bonds are reserved under the S. A. L.
Ref’g mortgage to retire this issue.
Legal for Balt. and Cal.
Listed on the New York Stock Exchange.
Market.
New York—Wolff & Stanley, Hartshorne &
Battelle, Didrichsen & Co., Wood, Scruthers &
Co., Redmond & Co,, Hambleton & Co.
Baltimere—John D. Howard & Co., Jenkins,
Whedbee & Poe, Poe & Davies, Townsend Scott
& Son, Baker, Watts & Co., Hambleton & Co.
FLORIDA CENTRAL & PENINSULAR RAIL-
ROAD CO. 1st Ext. & Land Grant 5s. Due
Jan. 1, 1930.—N.
‘See Map 114. .
Dated Jan. 2, 1890. Interest payable Jan. and
July 1, at office of Blair & Co., 24 Broad Street,
New York. |
‘Authorized—$500,000. .
Outstanding—$400,000. (Closed mortgage).
,.Denomination—Coupon, $1,000. Registerable
as to principal. : 2
Trustee—Metropolitan Trust Co., New York.
Sinking Fund—The proceeds from sales of land
are applicable to the purchase of these bonds at
their, market price. Bonds purchased to be
cancelled. © ea
en ee into Seaboard Air Line
y. Co.
Secured by a first mortgage on (2) 96 miles of
road from Plant City to Tampa, Fla., and several
other branches and a second mortgage on (1) 574
miles of road described under 1st 5s, above, and
subject to the lien of those bonds at the rate of
$5,200 per mile. Further secured by a first
mortgage on all land remaining unsold from the
grant of 67,000 acres received for constructing
the extension to Tampa, and 123,000 acres to
which the company is entitled on account of the
building of the branch to Orlando, of which grant
only 5,000 acres have been received. These
Beads are outstanding at the rate of $6,000 per
mile.
Prior Lien—$3,000,000 Fla. Cent. & Pen.
1st 5s of 1918. ‘
Underlies—$65,947,000 Florida Central &
Peninsular R. R. and Seaboard Air Line Ry.
bonds.. Bonds are reserved under the S. A. L.
Ry. Ref’g mortgage to retire this issue.
Legal for Balt. and Cal.
Listed on the New York Stock Exchange.
Market.
New York—Spencer Trask & Co., E. Bunge &
Co., Hartshorne & Battelle, Seasongood & Haas
Korn, Lehman & Co., Redmond & Co., J. B.
Colgate & Co.
Baltimore—Jenkins, Whedbee & Poe, John
D. Howard & Co., Sutton & Co.
303
FLORIDA CENTRAL & PENINSULAR RAIL-
ROAD CO. Ist Cons. 5s. Due Jan. 1, 1943.
See Map 114.
. Dated Jan. 2,.1898. Interest
and July 1, at office of Blair &
Street, New York.
Authorized—$7,800,000.
Outstanding—$4,372,000. (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—Seaboard Air Line Ry., Co.
Organization—Merged into the Seaboard Air
Line Ry. Co.
Secured by a first mortgage on (3) 141 miles of
road from Savannah, Ga., to Yulee, Fla., and
branches; a second mortgage on the (2) 96 miles
of road covered by the first lien of the lst Ex-
tension & Land Grant 5s, see above, and a third
mortgage on (1) 574 miles covered by the Ist
5s, see above. The line covered by this mort-
gage as a first lien furnishes the only connection
between the lines of the Seaboard Air Line Ry.
Co., north of Savannah and those in Florida.
By a second or third lien this mortgage covers
practically the entire remaining road south of
Savannah. These bonds are outstanding at th
rate of $5,400 per mile. d
Prior Liens—$3,400,000 Fla. Cent. & Pen. Ist
5s, and 1st Mtge. Extn. 5s. .
Underlies—$61,575,000 Seaboard Air Line Ry.
Co. 1st 4s, Ref’g 4s and Adjustment 5s. Bonds
are reserved under the Ref’g mortgage to retire
this issue.
Legal for Balt. and Cal.
Listed on the New York Stock Exchange.
t Market.
New York—Wolff & Stanley, Jas. B. Colgate
o., Gilman & Clucas, Korn, Lehman’& Co.,
Gude, Winmill & Co., Coffin & Co., J. A. Clark
& Co., Seasongood & Haas, E. & C. Randolph,
Hartshorne & Battelle, Didrichsen & Co., Wood,
Struthers & Co., Hodenpyl, Hardy & Co., Bois-
sevain & Co., Redmond & Co., Hambleton & Co.’
Baltimore—Baker, Watts Co., Jenkins,
Whedbee & Poe, Townsend Scott & Son, Mid-
dendorf, Williams & Co., Nelson, Cook & Co.,
Hambleton & Co. - : .
Boston—Estabrook & Co.
Chicago—Hodenpyl, Hardy & Co., Inc.
FLORIDA EAST COAST RAILWAY CO. Ist
4s. Due June 1, 1959.—F.
See Map 114.
Dated June 1, 1909. Interest payable June and
Dec. 1, at New York.
Authorized and Outstanding—$12,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000 and $10,000. C. & R. inter-
changeable.
Trustee—Bankers’ Trust Co., New York.
Secured by a first mortgage on (8) 642 miles of
road from Jacksonville to Key West, Fla., and
branches, and also on extensive terminals in Key
West. From Detroit to Key West, 125 miles,
the road is built on a concrete viaduct, extending
over the open ocean from one to another of the
Florida Keys. The line reaches within 90 miles
of Havana, Cuba and car ferries to be operated
between Key West and Havana are now under
construction for the eoni pany, The actual cost
of the entire property has been in excess of
$35,000,000. The company also controls several
magnificent hotels on the east coast of Florida.
These bonds are outstanding at the rate of
$18,700 per mile.
Underlies—$20,000,000 Gen. Inc. 5s of 1959.
ayable Jan.
0., 24 Broad
Net Earnings, 6/30/14........ $1,200,213
Interest on Ist 4}4s.......... 502,500
Other interest, includ. income. . 641,499
Legal for Cal. and Fla.
Listed on the New York Stock Exchange.
Original Market—Underwritten in 1909, by
J. P. Morgan &.Co., the First National Bank and
the National City Bank, New York, and offered
at 10234 and interest. Also offered in 1911, by
Lee, Higginson & Co., Boston, at 9514 and
interest.
Market.
New York—Wm. A. Read & Co., Coffin &
Co., National City Bank, McGeorge &Vanderhoef,
Freeman & Co., Curtis & Sanger, F. H. Hatch &
a Penington, Colket & Co., Lee, Higginson
& Co., Redmond & Co., Seasongood & Haas.
Boston—Lee, Higginson & Co.
eee pemeantile Trust & Deposit Co.,
qenkin Whedbee & Poe, Townsend Scott &
on,
St. Louis—Mercantile Trust Co.
Philadelphia—Henry & West, Mellor & Petry.
FLORIDA SOUTHERN RAILROAD CO. 1st 4s.
Due January 1, 1945.—N.
See Map 114.
Dated January 1, 1895. Interest payable
Jan. and July 1, at United States Trust Co.,
New York.
Authorized—$5,000,000.
Outstanding—$2,418,000. (Closed mortgage.)
Exchanged for A. C. L. Consol. 4s, and deposited
under that mortgage—$1,823,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—American Trust Co., Boston, Mass.
_ Assumed by the Atlantic Coast Line R. R. Co.
Control—Absorbed by the Atlantic Coast
Line R. R. Co.
Secured by a first mortgage on (4) 244 miles of
road from Palatka to Brooksville, Bartow to
Punta Gorda, and branches, all in Florida.
These bonds are outstanding in the hands of the
public at the rate of $10,000 per mile.
Underlies—$81,000,000 Atlantic Coast Line
Cons. 4s of 1952, Unified 4s of 1959, Gen. Unified
44s and Debentures. Bonds are reserved under
the General Unified Mortgage to retire this
issue.
Legal for Balt., Cal., Conn., Fla., Minn., N. H.
and
R.
n Liatad on the Baltimore and Richmond Stock
Exchanges.
Market.
Baltimore—Baker, Watts & Co., Sutton &
Co., J. H. Fisher & Son, Townsend Scott & Son,
Jenkins, Whedbee & Poe, Stein Bros., Poe &
Davies.
New York—Wolff s Stanley, Coffin & Co.,
F. H. Hatch & Co., E. & C. Randolph, Wood,
Struthers & Co.
Registerable
FLORIDA WEST SHORE RAILWAY CO. ist
5s. Due Jan. 1, 1934.—
See Map 114.
Dated Jan. 1, 1904. Interest payable Jan. and
July be at office of Blair and Co., 24 Broad Street,
New York.
Authorized—$2,000, on
Outstanding—$755,00
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Trust Co. of
Baltimore. 3
Redeemable at 105 and interest any interest
Registerable
Continental
date.
Control—Merged with ae Seaboard Air Line
Railway Co., September, 1
Guaranteed principal ey — by the Sea-
board Air Line Railway.
Secured by a first mortgage on (4) 66 miles of
road from Durant to Sarasota and branches, all
in Florida. Bonds of this issue are outstanding
at the rate of $12,000 per mile.
Underlies—$48, 300,000 Seaboard Air Line
Refunding 48 of 1955, and Adjmt. 5s of 1949.
Ref’g. mortgage bonds, while not specifically
304
reserved for the purpose, may be issued to retire
this issue.
Market.
New York—Wm. A. C. Ewen, Redmond &
roe F. J. Lisman & Co., McGeorge & Vander-
oef
Philadelphia—Henry & Wes
Baltimore— Middendorf,
Jenkins, Whedbee & Poe.
FONDA, JOHNSTOWN & GLOVERSVILLE
ae LROAD Cons. 6s. Due April 1, 1921.—
Dated April 1, 1881. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized—$500, 000.
Outstanding—$200,000.
Denomination—Coupon, $100, $500 and $1,000
Trustee—Importers & Traders National Bank,
“Williams & Co,
Secured by a first mortgage on 25 miles of
road from Fonda to Northville, N. Y. These
bonds are outstanding at the rate a $8,000 per
mile, Company operates 86 miles of road. This
line is operated by steam, the remaining mileage
by electricity.
Underlies—$6,450,000 bonds.
Net Earnings, 6/30/14.......... $473,040
TMEOL ORG ee seca sce sonia inta sorevceas oars 380,333
This ASSUe isco. wic ies, aeeaeniaip a cherwisavene 88,683
Legal for Me. and N. Y.
Market.
New York—F. J. Lisman & Co.
Poughkeepsie, N. Y.—Atwater, Foote &
Sherrill. — :
Ee JOHNSTOWN & GLOVERSVILLE
RAILROAD ist Cons. Rfg. 444s. Due
July 1, 1947.—F.
Dated July 1, 1897.
and July 1.
‘Authorized—$700, 000.
Outstanding—$500, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., N. Y.
Secured by a second mortgage on 25 miles
of railroad. (See Cons. 6s above.) These bonds
are outstanding at the ee of $20,000 per mile.
Prior Liens—$200,000 6s.
Underlies—$5,950,000 4s ‘and Als.
Interest payable Jan.
Registerable
Net Earnings, 6/30/14 tats ehh Sin $473,040
Anterest rccieas Scciniarsanins, amenities 380,333
PAIS SGU ieiccrs a svctansnnte. Weddaataninr nrere 111,183
Legal for N. Y.
Market.
New York—F. J. Lisman & Co., Wolff &
Stanley, Gude, Winmill & Co., Spencer Trask &
Co., Didrichsen & Co.
Poughkeepsie, N. Y.—Atwater, Foote &
Sherrill.
FONDA, JOHNSTOWN & GLOVERSVILLE
ye neat aa Gen. Ref. 4s. Due July 1,
Dated aly 1, 1900. Interest payable Jan.
and July
Authcrized—$1,500,000.
Outstanding—$800,000.
Denomination—Coupon, $1,000.
as to principal. '
Trustee—New York Trust Co., New York.
Secured by a third mortgage on 25 miles of
road subject to prior liens at the rate of $28,000
Registerable
per mile. Bonds of this issue are outstanding
be coo abl of $32,000 per mile. (See Cons. 6s
above.
Prior Liens—$700,000 6s and 434s.
Underlies—$5,150, oe 1st Cons. Gen. 44s.
- Net Earnings, 6/30/14 ne eae ive BANS 473,040
Interest..... Seas Spretsherue so: aroun 380,333
This issue. casccs wae aco es wes 143, 183
Legal for N. Y.
Original Market—First offered by Rhoades &
Richmond, N. Y., July, 1900.
Market.
New York—Wolff &. Stanley.
5 Peugnisenstes N. Y.—Atwater, Foote & Sher-
rill. :
FONDA, JOHNSTOWN & GLOVERSVILLE
RAILROAD CO. 1st Cons. Gen. Ref. 4s.
« Due Nov. 1, 1952.—F.
Dated November 1, 1902. Mortgage dated
January 1, 1903. Interest payable May and
Nov. 1, at. New York Trust Co., New York.
Authorized—$7,000,000.
Outstanding—$5,150,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 120 and interest on any interest
date on 15 days’ notice.
Secured by a first mortgage on 40 miles of elec-
tric railway from Schenectady to Gloversville,
N. Y..and on local street railway lines in Amster-
am, N. Y., a second mortgage on 13 miles of
electric railway from Fonda to Gloversville,
subject to $350,000 bonds and a fourth mortgage
on 25 miles of steam railroad from Fonda to
Northville, N. Y., subject to prior liens at the
rate of $60,000 per mile. >
Prior Liens—$1,850,000 divisional bonds.
Net Earnings, 6/30/14. ........ $473,040
TNtere@st). oc. 6... See ch SRE Ree 380,333
Legal for New York and Maine.
Original Market.—Offered in 1911, by Laden-
burg, Thalmann & Co., New York, and A. B.
Leach & Co., New York, Chicago and Boston,
at 9114 and interest, and in 1904 by Lawrence
Barnum Co., New York.
arket.
New York—Wolff & Stanley, A. B. Leach &
Co., Fred. H. Hatch & Co., F. J. Lisman & Co.,
Foster & Adams, Leonard Snider & Co., Samuel
Goldschmidt.
Poughkeepsie, N. Foote &
Sherrill.
Albany—John J. Hart.
FORE RIVER SHIPBUILDING CORP. Ist
Mtge. 5s. Due $40,000 each July 1
1915 to 1918, 1921, 1924, 1927, 1930 and
1933 and $39,000 each July 1, 1919, 1920,
1922, 1923, 1925, 1926, 1928, 1929, 1931
and 1932.—F.
Tax exempt in Massachusetts.
Dated July 1, 1918. Interest payable Jan.
1 and July 1. :
Authorized and Outstanding—$750,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable on any interest date at 103 and
interest. :
Guaranteed principal and interest by the
Bethlehem Steel Corporation by endorsement.
Organization and Control—Incorporated in
Massachusetts. All of the stock is owned by
the Bethlehem Steel Corporation. : is
Secured by a first mortgage on extensive ship-
building plant located on 74 acres of land at
Quincy, Mass. ‘
Earnings—The annual surplus, after payment
of charges of the Bethlehem Steel Corporation
for the past four years has averaged $3,985,258.
Original Market—Offered in Jan., 1914, by
A. B. Leach & Co., New York, etc., and Adams
& Co., Boston, at prices ranging from 99.29
to 94.06, to yield 514%.
Market.
Boston—A. B. Leach & Co.
New York—Adams & Co.,
Hagen.
FORT PITT TRACTION CO. 5s.
193
Y.— Atwater,
Millet, Roe &
Due Dec. 2,
Tax exempt in Pennsylvania.
305
Dated Dec. 2, 1895. Interest payable June
and Dec. 2, at Trustee’s office.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
. Trustee—Pittsburgh Trust Co., Pittsburgh,
a.
Organization and Control—Incorporated in
Pennsylvania in 1895 and leases the Allegheny
Traction Co., Citizens’ Traction Co., Ft. Pitt
Street Passenger Ry., Gross St. Ry., Highland
Park Passenger Ry. and the Negley St. Ry. All
of these leases are for more than 990 years. All
of the stock of ‘the Ft. Pitt Traction Co. is
owned by the Consolidated Traction Co., and
practically all of the stock of that company is
owned by the Philadelphia Co. Lines are oper-
ated by the Pittsburgh Railways Co.
Secured by a first lien on all of the stocks of
the Fort Pitt Street Passenger Ry. Co., Gross
St. Ry. Co., and Negley St. Ry. Co. These
companies own street railways in Pittsburgh, Pa.,
as follows: On Liberty Ave. from 23rd St. to
Main St., and on N. Negley Ave. from Center
Ave. to Bryant St. to Highland Ave., owned by
the Ft. Pitt Street Passenger Ry. Co.; on Main
St. from Midvale Ave. to Center Ave., owned by
the Gross St. Ry. Co., and on Center Ave. from
Negley Ave. to S. Hiland Ave., owned by the
Negley St. Ry. Co. Further secured by a first
lien on the leases of the above roads, and of the
Citizens Co. There is no provision in the
mortgage preventing the various companies from
directly mortgaging their properties.
Listed on the Pittsburgh Stock Exchange.
Market.
Philadelphia—Samuel K. Phillips, Graham &
Co., Chas. Fearon & Co., Oscar R. Dare, Wistar
& Stokes.
New York—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.,
Child & Woods. e
Buffalo—H. P. Taylor & Co.
FORT SCOTT GAS & ELECTRIC CO. Ist 5s.
Due April 1, 1922.—N.
Dated April 1, 1903. Interest payable April
and Oct. 1.
Authorized—$250,000.
Outstanding—$185,000.
Retired by Sinking Fund—$24,000.
Denomination—Coupon, $500.
Trustee—Chicago Title & Trust Co.
Redeemable at 105 and interest.
Sinking Fund—$6,000 annually in 1914 and
Joie: $7,000, 1916 and 1917 and $10,000 there-
after.
Secured by a first mortgage on seven miles of
street railway in Ft. Scott, Kan., and on plants
supplying that city with natural gas, steam
heat and electric light and power. Population,
1910, 10,463. Franchises expire April 23, 1922.
Underlies—$289,000 6s.
Market.
Chicago—Yard, Otis & Taylor, McCoy & Co.
Boston—H. C. Spiller & Co.
FORT SMITH & WESTERN RAILROAD Ist
‘48. Due April 1, 1954.—F.
See Map 131.
Dated April 1, 1904. Interest payable April
and Oct. 1. April 1, 1908, and subsequent
interest in default.
Authorized—$7,500,000.
Outstanding—$6,240,000.
Denomination—Coupon, $1,000.
Trustee—Superior Savings &
Cleveland, O.
. Organization—Incorporated in Arkansas in
Donner,
Trust Co.,
1899. Company is now in hands of receiver.
Trustee is depositary for bonds for protective
committee,
Secured by a first mortgage on (10) 200 miles
of, railroad from Coal Creek to Guthrie, Okla.
The company has trackage rights between Ft.
Smith and Coal Creek. Company controls
extensive coal pe erties in Oklahoma.
Net Earnings, 6/30/14.;........ $12,708*
Interest sii: scciciccsca x cra someen pian ncaean 291,864
*Compares with $127, 280 in 1912-13.
Market.
New York—F. J. Lisman & Co.
Cleveland—Borton & Borton.
FORT SMITH (ARK.) LIGHT & TRACTION
CO. 1st 5s. Due March 1, 1936.—F.
Dated March 2 1911. . Interest payable
March and ‘Sept. 1, at New York, Chicago or
Boston.
Authorized—$6,000,000.
Outstanding—$2,671,000, $150,000 owned by
Standard Gas & Electric Co.
Denomination—Coupon, $500, $1,000.
terable as to principal.
Trustee—Illinois Trust & Savings Bank, Chi-
eago, Ill.
Redeemable at 105 and interest on any interest
date upon 30 days’ notice.
Sinking Fund—Beginning July 1, 1914, of one
per cent. in 1914 and 1915, one and one-half per
cent. in each of the next three years, two per
cent. in each of the next five years, and such
ratable amounts in each of the remaining twelve
years that at the date of the last sinking fund
payment, July 1, 1935, the aggregate payments
to the sinking fund will have amounted to forty
per cent. of the entire amount of bonds certified
up to that date. Payments to be applied annu-
ally to the purchase of bonds at not exceeding 105
and interest, and if not so purchasable bonds
shall be drawn. All bonds acquired shall be
cancelled. 2
Organization and Control—Incorporated in
Arkansas in 1908. The Standard Gas & Electric
Co. owns a majority of the common and preferred
stocks.
Secured by a first mortgage on plants supply-
ing gas and electricity in Fort Smith and Van
Buren, Ark., and on 26 miles of street railway!
track in those cities comprising the entire system
of local street railways. Population served,
85,000. Natural gas is purchased and distributed.
Franchises expire as follows: Street railway in
1953, Electricity in Ft. Smith in 1955, in Van
Buren in 1957 and Gas in Ft. Smith in 1953 and
Van Buren in 1957.
Net Earnings, 12/31/14......... $170,967
Interests. oicisiccacmirines a aaa wen act 153,022
- Listed on the New York Stock Exchange.
Original Market—Offered in 1911, by Lee,
Higginson & Co., Boston and New York, at
9434 and interest.
Market.
Boston—Lee, Higginson & Co., H. C. Spiller
& Co., F. B. Bassett & Co.
Cincinnati—Geo. Koehler & Co.
Chicago—H. Byllesby & Co. ., Hulburd,
Warren & Chandler, Fort Dearborn Trust &
Savings Bank, Allerton, Greene & King, Babcock,
Rushton & Co., E. T. Konsberg & Co.
New York—Wnm. P. Bonbright & Co., Jackson
& Curtis, S. L. Snowden, H. M. Byllesby & Co.
Howe, Norris & Co.
FORT STREET (DETROIT) UNION DEPOT
Cc
Regis-
O. 1st 414s. Due Jan. 1, 1941.—F.
Dated Jan. 1, 1891. Interest payable Jan.
and July 1.
Authorized and one ee 000,000.
Denomination—Coupon, $1,0
Trastee—Central Trust Co., New York.
Secured by a first mortgage. on Union Station
in Detroit, Mich., (for details see 2nd 5s.)
Underlies—$312, 000 2nd 5s.
Listed on the New eon. oe Exchange.
Mar
New York—Wm. A. c. iwen, Coffin & Co.,
F. J. Lisman & Coe McGeorge & Vanderhoef,
Newborg & Co., . H. Hatch’ & Co.
FORT STREET (DETROIT) UNION DEPOT CO.
2nd 5s. Due July 1, 1915.—
Dated July 1, 1895. Interest “payable Jan.
and July 1, at Trustee's office.’
Authorized and Outstanding—$312,000. '
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., ‘N. Y.
Control—The Pere Marquette owns majority
of stock.
Secured by a _ second mortgage on Union
Station in Detroit, Mich., used by Canadian
Pacific, Pere Marquette’ and Wabash Railroads,
to which one this property is leased for
999 years from 188!
Prior Liens—$1, 0000 ,000 ‘Ast 4s.
rket.
New York—Wm. A. C. Ewen, Coffin & Co.,
F. J. Lisman & Co.
FORT WAYNE & NORTHERN INDIANA
TRACTION CO. Ist & Ref. 5s. Due
March 1, 1931.—F. ‘
Dated eee 1, 1911. Interest payable Mar.
and Sept. 1, at Trustee’s office.
Authorized—$15,000.000.: ,
Outstanding—$1, 059,000. nt
Held in Treasury—$1,098,000. -
Deposited as Collateral—$2, A 000.
Denomination—Coupon, $1,000.
Trustee—United States "Mortgage & Trust
Co.; New York. :
Redeemable as a whole on March 1, 1916, or
any interest date thereafter at 105 and interest.
eee ee ges in Indiana in
Secured by a mortgage on 220 miles of electric
railway connecting Fort Wayne, Lafayette,
Logansport, Peru, Bluffton and other impor-
tant cities in Indiana, also’on street railways
in several cities, and plants supplying electric
light and power in Fort Wayne and other cities.
Three-fourths of interurban lines are on private
right-of-way. Franchises on remainder: expire
in 1950 and 1951. Practically all of the street
railway franchises in Fort Wayne-and! Logans-
port are perpetiial. Other -franchises expire
between 1935 and 1998. Population served by
railways, 150,000; by light and power, ‘93,000.
Prior Liens—$3, 802,000 bonds of absorbed
companies.
Net Earnings, 12/31/14...... $717,054
AmCerest ss. csi aeis: scissor its systenccevenecs 575,012
Listed on the Indianapolis Stock Exchange.
Market.
New York—Dewing & Co., J. S. Bache & Co.,
Philadelphia—Barclay, Moore & Co., Chandler
Bros. & Co., Chas. D. Barney & Co.
Chicago—Hulburd, Warren & Chandler.
FORT WAYNE & NORTHERN INDIANA
jean co. 6% Notes. Due March 2,
Dated March 2, 1914. Interest payable
March 1 and meted 1, at Trustee’s office.
Authorized—$1,200,000.
Outstanding—$1, 200, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable at par and ‘interest on any
interest date.
Secured by a first lien on $2,000, 000 of the
Ist & Ref. 5s described above. The indenture
provides that $1,200,000 from surplus earnings
shall be applied during the life of these bonds
a improvements, additions or payment of
notes. b
Earnings—See Ist & Ref. 5s above.
Original Market—Offered in April, 1914, by
C. D. Barney & Co., Philadelphia and New York,
at 96 and interest.
Registerable
806
Market.
New York—C. D. Barney & Co.
FORT WAYNE i SE Ee RAILWAY
1st 5s. .Due siya 1,
Dated “April 1, 1910. Aneorcntl payable April
and Oct.,1; av Trustee’ 's office, -
Authorized—$1,000,000. A
“. Qitstanding—$209,000. “y ein
~~ Denomination——Coupon; “$500
Trustee—Cleveland Trust Co. By ‘Cleveland, oO.
Redeemable on any interest date at 10214 and
interest.
Organization—Incorporated in Indiana in
1903. Placed in hands of receivers in 1912.
In February, 1914, the road was ordered sold,
but the sale has not taken place as yet.
Secured by a first mortgage on~-20: miles of
electric ‘Failway between Fort Wayne and Deca~
tur, Ind. Outside of cities line is“built on pri-
vate right-of-way. Franchise in Decatur expires
in 1957, in Fort Wayne in 1935; Population
served, 70,000.
Net Earnings,
taxes, 12/31/12
Buffalo—J.N. Sacheest & Co.
FORT WAYNE & WABASH VALLEY TRAC-
. TION CO. ist Cons. 5s. Due March 1,
- . 1934.—F. ;
Dated Mareh 1, 1904. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$7, 500,000. -
Outstanding—36,966, 000. (Closed: Snionaal.
Denomination—Coupon, $1,000. Registered
as to principal.
Trustee—Commercial Trust Co., Philadelphia.
Control—Absorbed by Ft. Wayne & Nor.
Indiana Traction Co.‘ Be
Secured by a second mortgage on 220 miles
of street and interurban railway track including
24 miles (16 miles of road) in Fort Wayne, 6
miles in Wabash, 3 miles (2 miles of road) in Peru,
12 miles (10 miles of road) in Logansport and 9
miles (8 miles of road) in La-Fayette, and lines
between Fort Wayne and La Fayette and Ft.
Wayne and Bluffton, all in Indiana. Further
secured by a second mortgage on plants. supply-
ing electricity in Fort Wayne and other cities.
Population served, in cities where local street
railways are owned, as above, 100,000, remaining
territory, 150,000. Three-quarters of the inter-
urban roads are on private right of way. Fran-
chise-on the remainder extend to 1950 and.1951.
In Fort Wayne franchises for 90% the mileage
are perpetual, for the remainder extend to 1937.
Elsewhere the shortest franchise expires in 1935.
Prior ees 825,700 bonds of constituent
eompani
Underlies—$1, 059,000, ' Ft. W. & No. Ind.
Trac. Co. 1st & Ref. 5s. (Bonds are reserved
under this mortgage to retire this issue) and
$1,200,000 notes.
rie interest “and
Net Earnings, 12/BL/M ens veeeeee $717,054
ADCP aveaaa an nas ¥ 575,012
hit (S806. v ccveusee Ceaeraeer an 456: 062
Listed on the Philadelphia and “Indianapolis
Stock Exchanges.
Original Market—Offered at par and interest
1905, by Chandler Bros. & Co., Philadelphia.
Market.
Philadelphia—Samuel_ K. Philips, Chandler
Bros. & Co., Mellor & Petry, Borden & Knob-
lauch, Cassatt & Co., Benson & Packard, Henry
& West, Geo. N. Fleming, Oscar R. Dare, Reed
& Huntoon, Ervin & Co., Chas. D. Barney & Co.
Boston—F. W. Mason & Co.
Chicago—Hulburd, hha & Chandler.
New York—Coffin & Co., Fred. H. Hatch &
Co., Wolff & Stanley, Dewing & Co., Ernest
Smith, H. P. Taylor & Co.
Baltimore—J. §. Wilson, Jr., &.Co., Midden-
dorf, Williams & Co., Jenkins; ‘Whedbee & Poe.
807
Pittsburgh—H. P. Taylor &‘Co.
Buffalo—H. P. _ Taylor & Co.
FORT WAYNE, ~ BLUFFTON & MARION
TRACTION CO. Ist 58. Due July 1, 1935.
Dated July 1, 1905. ‘Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000.
Trustee—Guarantee ° Trust’ & Safe Deposit
Co.,; Philadelphia.
eee pune al and interest by the Fort:
Wayne & alley (now Fort Wayne &
Northern apesh Traction Co., and assumed:
by Fort Wayne & Northern Indiana Traction Co.
Control—Absorbed by Fort Wayne & Northern
Indiana Traction Co.
Secured by a. first mortgage on 25 miles of
electric railway between Fort Wayne and Bluff-
ton, Ind. Population served, 75, ee
Underlies— $1, 195,000 Ft. Way Nor.
End Tract. Co. Ist & Ref. 5s and "513 200, 006
notes.
* Net Earnings, 12/31/13.......... $704,973 ~
Interest. ..... 0... cc cece eee es 529,360 -
ED TiS! ASSUC y: scasiiee scarier enisaaeioactyiceue 69,710
Market.
New York—E. H. Rollins & Sons, Dewing &
0.
FORT WAYNE, VAN WERT & LIMA TRAC-
TION CO. Ist Guar. 5s. Due July 1, 1930.
Dated April 1, 1905. Interest payable Jan.
and July 1, at Philadelphia,
Authorized—$2, 000,000.
Outstanding—$1, 470, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Guaranteed_ principal and interest by the
Ohio Electric Ry. Co.
Organization and ona ceee orated in
Ohio and Indiana in 1905. 1 of the common
stock is owned by the Sic Bleetvie Ry. Co.,
which leases the property until the termination
of its franchises or renewals thereof.
Secured by a first miortgage on 60- amiles ‘of
interurban railway between Fort Wayne, Ind.
and Lima, Ohio. The entire line is on private
right, of way except in towns where franchises
are for 25 or 50 years.
Net a Ohio El. Ry. Go.
Registerable
$1,547,029
15
367,
Original Market—Offered in 1905, by 'E. HL
Rollins & Sons, Boston, oe at par and interest.
Market.
Philadelphia—Samuel K. ” Phillips, Penington,
Colket & Co., Ervin & Co.
Indianapolis—W. A. Richard.
Chicago—Hulburd, Warren & Chandler, Stan-
wood, Taylor & Co.
New York—E. H. Rollins & Sons, Fred H..
Hatch & Co., Chandler Bros. & Co., Slattery &
Co., F. J. Lisman & Co., Dewing & Co., Leonard
Snider & Co., H. P. ‘Taylor & Co.
Boston—L. Sherman Adams, H. H. Rollins &
ons.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
FORT WORTH & DENVER CITY RAILWAY
CO. 1st 6s. Due Dec. 1, 1921.—.
See Map 43.
Dated December 29, 1881. Interest payable
June and Dee. 1, at 26 ‘Liberty- St., New York.
Authorized—$18,000 per mile.
Outstanding—$8,176,000. -
. Denomination—Coupon, $1, 000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Registerable
Organization and Control—Incorporated in
Texas in 1873. All of the stock is owned by the
Colorado & Southern Ry. Co., which is controlled
through stock ownership by the Chicago,
Burlington & Quincy R. R. Co. This company
is controlled through stock ownership by the
Northern Pacific R. R. and Great Northern Ry.
companies.
Secured by a first mortgage on (4) 454 miles of
road from_ Fort Worth, Texas to Sixela, on
the New Mexico-Texas State Line. This road
gives the Chicago, Burlington & Quincy R. R.
and the Great Northern Pacific R. R.. and
Colorado & Southern Ry. companies access to
the Gulf of Mexico.
Net Earnings, 6/30/14. $970,665*
Interests eiewss 4 stave 5-0 fs 621,704
*Compares with $1,403,701 in 1912-13.
Legal for Texas and California.
Listed on the New York Stock Exchange.
Market.
New York—Rhoades & Co., Wolff & Stanley,
Hartshorne & Battelle, Coffin & Co., Gilman &
Clucas, Blodget & Co., Didrichsen & Co.,
Beverley Bogert & Co., John H. Davis & Co.,
Redmond & Co., Percy H. Bradshaw, McGeorge
& Vanderhoef.
Boston—Estabrook & Co.
FORT WORTH & DENVER TERMINAL
RAILWAY ist 6s. Due Dec. 1, 1937.—F.
Dated Dec. 1, 1907. Interest payable June
and Dec. 1, at Colorado & Southern office, 26
Liberty St., New York.
Authorized—$2,500,000.
Outstanding—$728,000, ($428,000 are owned
by Fort Worth & Denver City Ry.).
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
date on three months’ notice.
Guaranteed as to interest under terms of 49-
year lease from 1907 to the Fort Worth & Denver
City Ry. Co. 2
. Control—All of the stock owned by the Fort
Worth & Denver City Ry. which is controlled
by the Chicago, Burlington & Quincy R. R. Co.
Secured by a first mortgage on terminals and
real estate in Fort Worth, Texas and vicinity.
Market.
New York—J. S. Bache & Co.
FORT WORTH & RIO GRANDE RAILWAY
CO, 1st 4s. Due July 1, 1928.—F.
See Map 109.
Dated July 1, 1888.
July 1.
Authorized—$20,000 per mile.
Outstanding—$4,467,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Organization and Control—Incorporated in
Texas in 1885. Company is now in receivers’
hands. Entire capital stock is owned by the St.
Louis & San Francisco R. R. Co. now in hands of
receiver.
Secured by a first mortgage on (6) 223 miles of
road from Fort Worth to Menard, Tex. These
mands are outstanding at the rate of $20,000 per
mile.
Listed on the New York Stock Exchange.
arket.
New York—Coffin & Co., McGeorge & Vander-
hoef, Chas. H. Jones & Co., A. E. Fitkin & Co.,
Foster & Adams, L. M. Prince & Co., Newborg
& Co., Wm. A. C. Ewen.
Philadelphia—Henry & West.
FORT WORTH POWER & LIGHT CO. Ist
5s. Due Aug. 1, 1931.—F. y
Dated August 1, 1911. Interest payable Feb.
apd Aug. 1, at New York or Cleveland.
Authorized—$10,000,000. - ws
Interest payable Jan. and
Registerable
Outstanding—$2,038,000.
Denomination—Coupon, $1,000.
as to principal. 7 ,
Trustee—The Citizens’ Savings & Trust Co.,
Cleveland. ; F
di Redeemable at 105 and interest on any interest
ate.
Sinking Fund—Beginning 1914 and annually,
thereafter, 1% of outstanding bonds from 1914
to 1916, 144% from 1917 to 1919, and 2% from
1920 to 1930, to be applied to permanent exten-
sions and improvements, for which these bonds
are issuable, or to the purchase or redemption
of these bonds at not over 105 and interest.
Organization and Control—Incorporated in
Texas. Practically the entire capital stock is
owned by the Southwestern Power & Light Co.,
which is a subsidiary of American Light & Power
Co., which is controlled by interests identified
with the General Electrie Co.
Secured by a first mortgage on plant and
distribution system supplying electricity in Ft.
Worth, Texas. Population served, 90,000.
Franchise extends to 1935.
Net Earnings, 12/31/18.......... $397,421
ANLEr est wie ese ios nericayrsie 4 shave ieee evn 82,788
Listed on the New Orleans Stock Exchange.
Original Market—Offered in 1911 by Harris,
Forbes & Co. of New York at 97 and interest.
Market.
Boston—N. W. Harris & Co., W. L. Ray-
mond & Co., Perry, Coffin & Burr, H. L. Nason
& Co., F. B. Bassett & Co., F. W. Mason & Coa.,
Hotehkin & Co.
Hartford—Richter & Co.
New York—Harris, Forbes & Co., W. E.
Hutton & Co., Rauscher & Childress, Perry,
Coffin & Burr, Berdell Bros., John D. Curtis &
Co., Gude, Winmill & Co., Kirkpatrick & Lewis.
Howe, Norris & Co. .
Chicago—Harris Trust & Savings Bank.
Milwaukee—First Savings Bank & Trust Co.
New Orleans—Claude M. Smith & Co.
Registerable
FORT WORTH STOCKYARDS Ist 5s.
March 1, 1922.—F.
Dated March 1, 1902. Interest payable March
1 and Sept. 1, at Trustee’s office.
Authorized and Issued—$1,200,000.
Outstanding—$959,000.
Redeemed—$241,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any March
Secured by a first mortgage on extensive stock-
yards at Forth Worth, Texas.
Net Earnings 12/31/11.......... $153,496
It is reported that dividends of 6% are being
paid annually on $2,500,000 stock.
Market.
Chicago—Stanwood, Taylor & Co. First Trust
& Savings Bank.
Due
Registerable
FOX RIVER VALLEY GAS & ELECTRIC CO.
Ist 5s. Due April 1, 1921.—F.
Dated April 1, 1901. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$350,000.° -
Denomination—Coupon, $1,000.
Trustee—Merchants’ Loan & Trust Co.,
Chicago.
Redeemable at 105 and interest.
, Guaranteed principal and interest by Wiscon-
sin Traction, Light, Heat and Power Co.
_ Control—All of the stock is owned by Wiscon-
sin Traction, Light, Heat & Power Co.
Secured by a first mortgage on plants supplying
gas and electricity to Neenah, Menasha and
electricity to Appleton, Wis., and second mort-
gage on plant supplying gas to Appleton. Popu-
lation served, 30,000. Gas and electric franchises
808
in Neenah and Menasha are’ perpetual, gas
franchise in Appleton expires in about 25 years.
Prior Liens—$15,000 Appleton Gas Light &
el 6s.
Net Earnings Wis. T., L.,H. & P.
Co. 12/81/13............008. $145,571
TLE ccm crnnnw mney ae Ree Ree ri 74,
Market.
Chicago—Wollenberger & Co., Hulburd,
Warren & Chandler.
Milwaukee—First Savings & Trust Co., Edgar,
Ricker & Co.
Philadelphia—Oscar R. Dare.
FRANKFORD, TACONY &
STREET RAILWAY CO.
July 1, 1940.—F.
Tax free in Pennsylvania.
Dated July 1, 1910. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$400,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Tacony Trust Co., Tacony, Phila.
: rs mall alec in Pennsylvania
in g
Secured by a first mortgage on all the property,
franchises owned or acquired, including about
17 miles of track, including double track and
sidings, from Frankford to City Line, Phila-
delphia. This forms part of an electric railway
rout from Philadelphia to Trenton and New York
Net Earnings, 12/31/14 617
ENCLOSE siaic» 10,82:
“Mar
o New York—Harris, Portes & Co., 8. L. Snow-
en.
Boston—N. W. Harris & Co.
Chicago—Harris Tr. & Sav. Bank.
FREMONT, ELKHORN & MISSOURI VAL-
LEY RAILROAD CO. Cons (now first) 6s.
Due On 1, 1933.—N.
See od Geta
. Dated etober 1, 1883. Interest payable April
and nee »at - &N.W. Ry. office, 111 Broad-
way, N w Yor
Xuthorized~ $25, 000 per mile of road.
Outstanding in Hands of Public—$7, 725,000.
(Closed mortgage.) - :
. Owned by C. & N. W. Ry. Co. and pledged
under its Extn. 4s of 1926, $10, 675,000.
Denomination—Coupon, $1,000. Registerable
as to principal. °
Trustees—De Witt C. Blair and David P.
Kimball.
Assumed by the C. & N. W. R
Control—Absorbed by the Chieago &. North-
western Ry. Co.
Secured by a first mortgage on (3) 1550 miles of
road from South Omaha, Neb., to the Nebraska-
Wyoming state line, branches to Lincoln, Super-
ior and Hastings, Neb., Deadwood, D., and
other branches. These lines form the western
part of the ‘‘Northwestern” system and should
the C. & N. W. Ry. ever be extended' to the
Pacific coast these lines would form a part of
such extension.
These bonds are outstanding at the rate of
$11,800 per mile.
Underlies—$17,670,000 C. & N. W. Ry. Exten-
sion 4s of 1926, the deposited bonds of this issue
fomni'ng, the principal security for that issue of
onds
Legal for Cal., Conn., Fla., Me.,.Mass. »;Mich.,
Minn., Mo., N. H., N. J.,.N. Y., R. 1: and Wis.
Listed on the New York and ‘Boston See
Exchanges.
Market.
New York—Blodget & Co., Estabrook & Co.,
Coffin & Co., Newborg & Co., "Low, Dixon & Co.,
Remick, Hodges & Co., F. H. Hatch & Co.;
Seasongood & Haas.
Boston—Old Colony. Trust Co., oe &
Co., Parkinson & Burr, R. L. Day & Co., L.
Sherman Adams. i
FREMONT (NEB.) GAs, , ELECTRIC LIGHT
& POWER CO. ist 6s. Due June 1, 1950.
Dated August 1, 1910. Interest payable June
and Dee. 1, at Trustee's office.
Authorized—$500, 000.
Outstanding—$225,000.
Denomination—Coupon, $500. Registerable
as to principal.
Trustee—Peters Trust Co., Omaha, Neb.
Redeemable on any interest date at 105 and
interest. . .
Sinking Fund—4% of bonds ouiatandis
annually from June 1, 1915 to 1920 and 1%
annually thereafter. This fund may be satisfied
by investing a sum equal to 1% of bonds out-
standing from 1915 to 1920 and 2% thereafter
in construction, improvements, ete.
Organization—Incorporated in 1910 in Dela-
eee as successor to the Fremont Gas & Electric
“Secured by a first mortgage on plant supplying
gas and electricity to Fremont, Neb. Fran-
chises perpetual. Population served, 8,700.
FRESNO CITY (CAL.) WATER CO. Ist 58
Due Jan. 1, 1946. ‘
Dated i" 1, 1906. Interest payable Jan,
and ee at UL S.. Mortgage & Trust’ Co.,
New York.
‘Authorized —$350, 000.
Outstanding—$261,000..
Retired by Sinking Fond, 382) 000.
Held in Treasury—$5,0'
eae 3500 and ‘$1,000. ~
“ prmsten—Mepeantse Trust Co., San Francisco,
al.
Secured by a first mortgage on plant supplying
water to Fresno, Cal: Population served 26,000.
In 1911, when city was negotiating for purchase
of plant, estimate by city engineer and one
selected by company placed value of plant at
$371,735, and replacement value at $447,066.
No franchises are required for water com-
panies in California. ,
Legal for California.
Market.
Boston—F. W. Mason & Co., Hotchkin &
Co., H.C. Spiller & & Co.
(H. C.) FRICK COKE CO. Pittsburgh-Monon-
gahela First Lien Purchase Money 5s,
Due $600,000 annually, July 1, 1915 to
July 1, 1944, inclusive.—F.
’ Tax exempt in the State of Pennsylvania.
Dated July 1, 1911. Interest payable Jan.
and July 1, at. Pittsburgh, Pa.
Authorized—$18,000,000.
Outstanding—$17,673, 000.
Cancelled-——$327,000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—The Union Trust Co. of Pittsburgh,
Pittsburgh, Pa. .
Guaranteed principal and interest, uncon-
ditionally, by the United States Steel Corporation
by endorsement.
Control—United States Steel Corporation
through ownership of entire capital stock. -
Secured by a first-mortgage on 16,000 acres of
eoal land and 1,400 acres of surface land in
Fayette, Greene and Washington Counties, - Pa.,
including coking plants, workmen’s houses and
other equipment.
Listed on the Pittsburgh Stock Exchange.
Original Market—Offered in 1911, by the
Union Trust Co. of Pittsburgh, Pittsburgh, Pa.,,
on a 4.70% basis.
Market.
. Pittsburgh—Mellon National Bank, H. P.
Taylor & Co., Colonial Trust Co., Union. Trust
Co.
Philadelphia—E.. B. Smith & Co., Chas.
Fearon & Co.
-_ New York—Bigelow & Co. . H. P. Taylor &
‘Co., C. H. Hensel.
Buffalo—H. ‘P. Taylor & Co.
FRIES MANUFACTURING & POWER CO.
1st 5s. Due Jan. 1, 1940.—
Dated Jan. 1, 1900. - Interest’ payable Jan.
and July 1, at Equitable Trust Co., New, York.
Authorized and’ Outstanding—$500,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable by lot at.110 and interest.
Organization—Incorporated in North Caro-
lina in 1891.
Secured by a first mortgage on plants supply:
ing electricity to Winston-Salem, NG Power
is generated in part by. ae plant.
Also a first mortgage on 12 miles of street rail-
way track. Population served 25,000. Electric
and railway franchises perpetual; gas franchise
expires in 1940, but company is not operating a
gas plant.
Net Earnings, TU/90 (92.5 coccesevess $86,560
BCE oc cic scies'ss a nieacawe manne onan 44,063
New York—A. D. Converse & Co., J. K. Rice,
310
ie & Co., Engineering Securities Co., Berdell
ros.
Boston—Hotchkin & Co., F. W. Mason & Co.
Baltimore—J. S. Wilson, Jr., & Co.
FRISCO CONSTRUCTION CO. 5% Eauip.
Notes, Series ‘‘B.” Due $113,000 each
March 15, and $112,000 each Sept. 15, to
Sept. 15, 1922, inclusive.—F.
Dated September 16, 1912. Interest payable
March and Sept. 15, at New York.
Authorized—$2,250,000.
Outstanding—$1,587,000.
Retired—$563,000.
Denomination—Coupon, $1,000.
Trustee—New. York Trust Co.,; New York.
Guaranteed as to principal and interest by the
St. Louis & San Francisco R. R. Ca.,by endorse-
ment. Company now in hands of receiver.
Secured under and by an equipment trust
agreement, 40 locomotives, 500 steel frame box
cars, 300 steel-frame automobile cars, 500 steel-
frame stock dump cars, 250 steel tank cars, 10
steel baggage cars and 2 one hundred-ton
steam derrick cars, costing $2,716,440, of which
$466,440 was paid in cash.
Original Market—Offered in 1912, by Speyer
& Co., New York, at 99 and interest.
arket.
New York—N. W. Halsey & Co., Curtis &
Sanger, Seasongood & Haas, H. P. Taylor & Co.,'
Freeman & Co., Coggeshall & Hicks.
._Boston—Curtis & Sanger.
Chicago—Ames, Emerich & Co.
Pittsburgh—H. P. Taylor & Co.
‘Buffalo—H. P. Taylor & Co.
FRONTIER TELEPHONE CO.
N.Y.) lst 5s. Due July 1, 1922.
Dated July 1, 1902. Interest payable Jan.
and. July 1, at Trustee’s. or Company’s office,
Buffalo. . | :
and Outstanding—$2,500,000.
(BUFFALO,
Authorized :
Denomination—Coupon, $1,000. Registerable
as to principal. ¥ sk a
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest on any interest
date.
Control—Absorbed by Federal Telephone &
Telegraph Co., which is controlled through stock
ownership by the Consolidated Telephone Co.
Secured by a first mortgage on independent
telephone exchanges and lines in Buffalo, N. Y.
Underlies—$801,100 Federal
. Telephone &
-Pelegraph 1st & Ref. 5s of 1959.
. Net Earnings, 12/31/14......... $558,412
Interest......... wees 05 ¥ é .. 381,301
Wis WBS Ue sig sec aiscass io sraesaaisie 2-8 291,246
. Market. :
Scranton—Brooks & Co., E. A. Burke & Co.
Buffalo—John T. Steel, J.C. Dann & Co., °
New York—Bigelow & Co., Eastman, Dillon &
Co., Jacobson & Friedman.
FULTON FUEL & LIGHT CO. Ist 5s.
Oct. 1, 1927.—N.
Dated Oct. 1, 1902. Interest payable April
and Oct., 1 at Trustee’s office.
Authorized—$125,000.
Outstanding—$117,000.
Retired by Sinking Fund—$8,000.
Trustee—Guaranty Trust Co., New York.
‘Redeemable at 105 and interest.
Sinking Fund—$2,000 per annum.
jag eemeaton—Lngorporated in New York in
Secured by a first mortgage on plant supplying
gas to Fulton, N. Y. Population served, 10,000.
Franchise perpetual.
Net Earnings, 12/31/13 $11,071
Interest.............5- 7,827
: . Market. . .
Detroit—W..E. Moss & Co.
FULTON LIGHT, HEAT & POWER CO. Ist
5s. Due April 1, 1932.—F. :
Dated April 1, 1902. Interest payable Jan.
and June 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$132,000.
Retired by Sinking Fund—$6,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
‘ qe Fund—$3,000 per annum from April
Secured by a first mortgage on plant supplying
electricity to Fulton, N. Y. Population, 1910,
10,480. In 1911 the company was awarded pee
ment, amounting with interest, to $337,000:
against State of New York on account of damage
done the plant through construction of a barge
canal, which deprived the company of its water,
power.
Net Earnings, 12/31/13..........
Interest
Due
$22,915
Diss sifeoin’ ie prdigatsiva’ ‘ave jocares weyeke wee» 10,291
i Market.
Bangor, Me.—Merrill Trust Co.
Boston—Warner, Tucker & Co.
311
GAGE COUNTY GAS LIGHT & POWER CO.
1st 6s. Due June 1, 1929.—F.
Dated June 1, 1909. Interest payable June
ae Des. 1, at office of P. W. Brooks & Co., New
ork.’ k
Authorized—$150,000.
Outstanding—$106,500.
Denomination—Coupon, $500 and $1,000.
Trustee—Bankers’ Trust Co., New York.
_ Redeemable after June 1, 1911 at 10744 and
interest for the sinking fund.
Sinking Fund—2% of outstanding bonds
annually from 1912 to 1915 and 3% thereafter.
Organization—Incorporated_in Nebraska in
1909, succeeding the Beatrice Gas & Power Com-
pany. Majority of stock acquired in 1912 by the
Continental Gas & Electric Corporation. :
Secured by first mortgage on plant supplying
gas to Beatrice, Neb., and vicinity. Population
e Beatrice, 1910, 9,356. Franchises expire in
Refunding—Bonds reserved under Continental
Gas & Electric Corporations Mortgage for
acquisition of this issue.
Net Income, 12/31/13.... $41,450
‘Interest on bonds...... ih ap Eaeenliyte 17,689
Original Market—First offered by P. W.
Brooks & Co., New York and Boston, in Oct.,
Market.
New York—P. W. Brooks & Co.
Boston —Marshall & Co.
Cleveland—Otis & Co.
GAINESVILLE (TEX) GAS & ELECTRIC CO.
1st 5s. Due Sept. 1, 1931.—F.
Dated Sept. 1, 1906. Interest payable March
and September 1, at Trustee’s office.
Authorized—$250,000.
Outstanding—$184,000.
Denomination—Coupon, $500.
Trustee—Central Trust Co., New York.
Organization—Incorporated in Texas, August,
met as successor to the Gainesville Light & Fuel
0.
Secured on plant supplying Gainesville, Texas,
with gas. Population served, 10,000.
Market.
New York—Hornblower & Weeks.
GALESBURG (ILL.) GAS & ELECTRIC LIGHT
CO. 1st 5s. Due April 1, 1919.—F.
Dated April 1, 1899. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$350,000.
Denomination—Coupon, $1,000.
Trustee—Portland Trust Co., Portland, Me.
Assumed by Galesburg Ry. & Lt. Co.
Control—Consolidated into Galesburg Ry. &
Lt. Co., a subsidiary of the Illinois Traction Co.
Secured by first mortgage on plants supplying
gas and electricity to Galesburg IIl., and vicinity
Population served, 25,000. Gas franchise has
pr ened to 1940; electric franchise expires
in fn
Underlies—$1,150,000 Galesburg Ry. & Lt.
Co. 5s.
Market.
New York—Kirkpatrick & Lewis. '
Portland—Fidelity Trust Co.
GALESBURG RAILWAY & LIGHT CO.
Cons. 5s. Due July 1, 1934.—F.
Dated July 1, 1904. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,150,000.
Te ee eo ueod, $1,000.
Trustee—Portland Trust Co., Portland, Me.
_ Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in Maine, May
1904, as a consolidation of the Galesburg Electric
lst
Go
Motor & Power Co. and the Galesburg Gas &
Electric Light Co.
Control—Majority of stock owned by Western
Rys. & Light Co., which in turn is controlled by
the Illinois Traction Co. :
Secured by first mortgage on 18 miles of
electric railway in Galesburg, IIl., and vicinity,
and second mortgage on plants supplying gas
and electricity in the same territory. Population
served, 25,000. Railway and electric franchises
expire in 1920; gas in 1940.
Prior Liens—$350,000 Galesburg G. & E. L.
Ist 5s.
Market.
New York—E. & C. Randolph.
Portland—Fidelity Trust Co.
Chicago—Hulburd, Warren & Chandler.
Boston—L, Sherman Adams.
GALVESTON ELECTRIC CO.
May 1, 1940.—F. ;
Dated May 1, 1905. Interest payable May
and Noy. 1, at New York or Boston.
Authorized—$2,500,000.
Outstanding—$1,390,000.
Retired by Sinking Fund—$84,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 110 and interest, as a whole (or
in part for sinking fund), on any interest date on
30 days’ notice.
Sinking Fund—On and after July 1, 1911,
147% annually of, bonds certified payable July
st.
Ist 5s. Due
Organization and Control—Incorporated in
Texas May 1, 1905 as successor to the Galveston
City R. R. Co. The entire capital stock was
acquired in Sept. 1907 by the Galveston-Houston
Electric Co. . :
Secured by first mortgage on the entire electric
railway and a portion of the electric lighting and
power plants in Galveston. Length of track, 37.8
miles. Franchise expires, 1950.
Management—Stone & Webster, Boston.
Net Earnings, (G.-H. E. Co.)-
V2) 30/138 2 este inns oe eR ES $1,118,261
Interest and Sinking Fund . 441,125
Original Market—Offered in 1905 by William
Salomon & Co., New York, and Jackson & Curtis,
Boston, at 97}4 and interest. ,
Market.
New York—Lee, Higginson & Co., Jackson &
Curtis, Estabrook & Co., Kirkpatrick & Lewis.
Boston—Stone & Webster, Parkinson & Burr,
Estabrook & Co., L. Sherman Adams, Lee, Hig-
ginson & Co., F. B. Bassett & Co.
pee B. Smith & Co., Oscar R.
are.
GALVESTON, HARRISBURG & SAN ANTO-
NIO RAILWAY CO.—Mexican_ & Pacific
Ext. Ist 5s. Due May 1, 1931.—F.
See Map 117. ie
Dated May 1, 1881. interest payable May
and Nov. 1, at Southern Pacific Co. office, New
York.
Authorized—$20,000 per mile.
Outstanding—$13,418,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Thomas T. Buckley and Isaac E.
Gates.
Sinking Fund—Beginning 1886 and annually
thereafter, the company agrees to set aside one
per cent. of bonds issued and outstanding, to be
applied to the redemption of these bonds until
they are fully paid.
Control—Southern Pacifie Co.
$27,084,372 capital stock.
Secured by first mortgage on (3) 656 miles of
road from San Antonio to El Paso, with branch
to Eagle Pass, Tex. This road forms the main
line of the Southern Pacific System east from
312
Registerable
owns entire
El Paso. These bonds are outstanding at the
rate of $20,000 per mile.
Underlies—$6,354,000 G., H. & S. A. Ry.-
M. & P. Extn. 2d 6s of 1931. : ;
Net Earnings, 6/30/14........ “, $1,686,385
Interest on bonds.............. 649,380
- Other interest, ete............. 1,173,610
Legal for Cal. and Texas.
Listed on the New York Stock Exchange.
‘ Original Market—Offered in 1911, by Esta-
brook & Co., New York and Boston, at 10834
and interest. i
Market.
‘New York—Babcock, Rushton & Co., Coffin
& Co., J. S. Bache & Co., L. M. Prince & Co.,
Hartshorne & Battelle, Bull & Eldredge, Kean,
Taylor & Co., Simon Borg & Co., Peck, Rasmus
& Truesdale, Spencer Trask & Co., Gilman &
Clucas, Wm. A. C. Ewen, Samuel Goldschmidt,
J. H. Howell & Co., MeGeorge & Vanderhoef,
Gude, Winmill & Co.
Philadelphia—Montgomery, Clothier & Tyler,
C. C. Harrison, Jr., & Co., Geo. S. Fox & Sons.
New Haven—Farlee & Goodrich.
GALVESTON, HARRISBURG & SAN AN-
TONIO RAILWAY:-CO. Mexican & Pacific
Ext. 2nd 6s. Due July 1, 1931.—F.
See ie 117. i
Dated July 1, 1881. Interest payable up
to 6%, when earned, on Jan. 1, at Southern
ale Company’s office, 165 Broadway, New
ork.
By an agreement stamped on these bonds,
interest is payable not, exceeding 6% from
earnings of the company, after deducting
the usual charges for operation, improvements,
maintenances, etc., and after payment of interest
and the sinking fund charges on the Eastern Div.
1st and 2nd mortgages and the Mex. & Pac. Extn.
1st mortgage bonds which may be outstanding.
Interest is non-cumulative.
Authorized—$10,000 per mile.
Outstanding—$6,354,000.
Denomination—Coupon, $1,000. Registerable
as to principal. !
oe Storrs and William P. Hill-
abuse. ut og
Sinking Fund—Beginning 1886 and annually
thereafter, one per cent. of bonds issued and
outstanding, so long as any remain unpaid, to be
applied to their redemption.
Contrel—Southern Pacific Co. See Ist 5s
656
above. :
Secured by a second mortgage on the (3
miles covered by the 1st 5s, which see’ above.
These bonds are outstanding at rate of $9,700
per mile.
Prior Liens—$18,418,000 Gal., Har. & S. A.-
M. & P. Extn. 1st 5s of 1931.
GALVESTON, HOUSTON & HENDERSON
~ ' RAILROAD Ist 5s. Due April 1, 1933.—N.
Dated April 1, 1918. Interest payable April
and October 1, in New York.
Authorized— $5,000,000.
’ Outstanding—$2,122,000.
Denomination—Coupon and registered, $1,000.
C. & R. interchangeable.
Trustee—Central Trust Co., New York.
Redeemable as a whole at 105 and interest on
any interest date. es ;
Organization and Control.—Originally char-
tered in 1848, reorganized in 1871 and again in
1882 under the same name. Capital stock
$1,000,000, owned one-half by the Missouri,
Kansas & Texas Ry. Co. and one-half by the
Estate of Jay Gould. The M., K. T. Ry. Co.
and International & Great Northern have
trackage rights for which they pay $124,000 per
annum. '
Secured by first mortgage on 50 miles of road
from Houst to Galveston, and on extensive
313
terminals in both cities,
rights: in the Galveston | Ca
Net Earnings, 6/30/14..
Bond Interest.......'.
_ Other Interest.
including company’s
useway.
+. $150,171
17,978
109,445
GALVESTON-HOUSTON ELECTRIC RAIL-
WAY CO. Ist S. F. 5s. Due Oct. 1, 1954.—
Dated October 1, 1909. Interest payable April
and Oct. 1, at Boston,
Authorized—$5,000,000.
Outstanding—$2,974,000.
Held in Trust for Company—$26,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. Registered, $5,000,
$1,000 or multiples of $1,000. C. & R. inter-
changeable. <
Trustee—Old Colony Trust Co., Boston.
Redeemable as a whole, or in part for Sinking
Fund at 105 and interest’ on any interest date.
Sinking Fund—Annually, Feb.'1, 1910, (waiv-
able until Feb. 1, 1915) to and including 1944, 1%
of outstanding bonds and thereafter 114% for
the purchase or redemption of these bonds at not
exceeding 105 and interest. Bonds redeemed to
be cancelled.
. Guaranteed. principal, interest and sinking
fund by 'Galveston-Houston Electric Co. by
endorsement. :
Organization and _Control—Incorporated in
Texas, April 1907. Controlled by the Galveston-
Houston Electric Co., a Maine corporation incor-
porated May, 1907, holds all the stock of the
Galveston Electric Co., Houston Electric a
Ow
4
and the Galveston-Houston Electric Ry.
Charter is for 50 years from 1907.
Management—Stone & Webster, Boston. .
Secured by a first mortgage on 45 miles
of interurban electric railway with private right
of way between Galveston and Houston, Texas.
Net Earnings, (G.-H. E. Co.)
. Lo.
T2/81 1A soi es ccs paecemane ac $1,113,261
Interest 44
Original Market—Offered in 1910 by Lee,
Higginson & Co., Boston and New York, at 95
and interest. :
Market.
New York—Lee, Higginson & Co., F. H.
Hatch & Co., Parkinson & Burr, Bigelow & Co.
Estabrook & Co., Kirkpatrick & Lewis.
New Haven—The Chas. W. Scranton Co.
Boston—Stone & Webster, Parkinson & Burr,
Estabrook & Co., L. Sherman Adams, Lee, Hig-
ginson & Co., Merrill, Oldham & Co.
Chicago—Hulburd, Warren & Chandler.
Philadelphia—E. B. Smith & Co.
Houston—Wnm. B. King & Co.
St. Louis—Wm. R. Compton Ca.
GALVESTON TERMINAL RAILWAY Ist 6a.
Due March 1, 1938:—F.
Dated March 1, 1908. Interest payable
March and September 1, at office of Trustee.
Authorized—$5,000,000.
Outstanding—$1,106,000.
Denomination—Coupon, $1,000,
as to principal.
Trustee—Bankers’ Trust Co., New York.
‘Redeemable as a whole at 105 and interest on
any interest date.
Guaranteed jointly by the Chicago, Rock
Island & Pacific Railway Co. and the Colorado
& Southern Railway Co. ,
Organization and Control—Incorporated in
Texas in 1905. Controlled by the Trinity &
Brazos Valley, the Colorado & Southern and the
Chicago Rock Island & Pacific Ry. Companies.
Secured by first mortgage lien on all com-
pany’s property including large ireigbe depot,
warehouse, about 14 blocks along. Galveston’s
water front and aflout 24 miles of main line and
sidings.
Registerable
GARDNER, WESTMINSTER & FITCHBURG
ST. RAILWAY Ist 5s. Due Feb. 1, 1920.—N.
Dated Feb. 1, 1900. Interest payable Feb.
and Aug. 1, at office of Trustee.
Authorized and Outstanding—$185,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mercantile Trust Co., Boston.
Organization and Control—Incorporated in
Mass., April 13, 1899, absorbed the Gardner
Electric Street Ry- Co.,. Dee, 18, 1899. Acquired
by the Northern Mass. Street Ry. Co., March 1,
1913, now controlled by the Mass. Consolidated
Railways.
Secured by a first mortgage on 16 miles of
electric railway from Gardner to Fitchburg,
Mass., with a branch line to Wachusett Lake.
Population served, about 45,000.
Underlies—$315, at Nor. Mass. St. Ry. 5s.
Net ee (N. M. St. Ry.).
O/ 80/1 bas cusses e aa nntalen sare $65,885
ors a CARER bisa scr igsecounqre pnendhh 44,940
Dividends.............. Dannaceieoate 17,750
ADBIS LSS UC bis ss, eruradowina cod neascatrased it erasnaus 29,290
Market.
Boston—Hayden, Stone & Co.
GARY & INTERURBAN
Due July 1, 1930.—F.
Dated July 1, 1910. Interest payable Jan.
and July 1, at Trustee’s office and Lawrence
Barnum & Co., New York. January 1, 1915, in-
terest in default,
Authorized—$10, ,000,000.
Outstanding—$1, 153, 000.
Denomination—Coupon $1, 000, $500 and $100.
Registerable as to principal.
Trustees—Western Trust & Savings Bank,
Chicago, and Willoughby G. Walling.
Redeemable at 105 and interest on any in-
terest date upon 30 days’ notice.
Sinking Fund—1% annually of outstanding
bonds, beginning July 1, 1915, to and including
July 1, 1919 and 2% annually ‘thereafter, for the
purchase or redemption of these bonds at not
over 105 and interest. Bonds so redeemed to
be cancelled.
Organization and Control—Incorporated, July
20, 1908. Required by the Gary & Interurban
R. R. Co. through consolidation with three other
companies in January, 1918. Majority stock of
the Gary Interurban R. R. Co., reported to be
a 4 the Chicago, New York Electric Air Line
y. Co.
Protective Committee—Dimner Beeber, Ed-
ward McLain Waters and Edward B. Wilford.
Depositary, Commonwealth Trust Co., Phila-
delphia.
Secured by a first mortgage on 22 miles of
electric railway, including a double track line
on the principa! business street of Gary, Indiana.
Franchsies in Gary expire in_1957, in Tolleston
in 1959, East Chicago and Indiana Harbor in
1949 and in Hammond in 1989.
oe ,000 6% 3-year notes due
Net Earnings, 6/30/14............ $98,731
Interest on bonds................ 185,761
Original Market—Offered in 1909 by Cram,
Mulliken & Co., at 9434 and interest. $1,000,
000 offered in 1910, by Lawrence Barnum & Co,
at 95 and interest.
Market.
New York—Lawrence Barnum & Co., Bigelow
& Co., F. H. Hatch & Co., Philbin & Lobdell.
Baltimore—Baltimore "Trust Co., Poe &
Davies, Sutton & Co., H. R. Taylor & Co.
chletee E. Butler & Co., M. T. Leonard
& Co., E. T. Konsberg & Co.
RAILWAY CO. 5s
GARY & INTERURBAN RAILWAY CO. 3-year
Coll. Conv. 6% Notes. Due Sept. 1, 1915.
Dated Sept. 1, 1912. Interest payable ‘March
1 and Sept. 1, at Trustee’s office.
Sept. 1, 1914, in default.
Authorized—$350,000.
Outstanding—$350,000.
Denomination—Coupon,
Registerable as to principal.
Trustee—Baltimore Trust Co. be
Interest due
$500 and $1,000.
Baltimore,
Md.
Convertible into East-Chicago Ry. Co. 1st
5s at 90, and interest, on Sept. 1, 1, 1915, on 60 days’
notice to Trustee.
Control—See 5s above.
Secured by deposit of $500,000 East-Chicago
Ry. Co. 1st 5s of 1928, (total issue) and also the
entire capital stock $500,000.
Earnings—See 5s above.
Listed on Baltimore Stock Exchange.
Original Market—$350,000 offered Oct., 1912,
at 9834 and interest by Baltimore Trust Co. and
Poe & Davies, Baltimore.
Market.
: Baltimore—Poe & Davies, Townsend Scott &
on.
GARY (IND.) CONNECTING RAILWAYS CO.
Ist 5s. Due June 1, 1921.—F.
Dated June 1, 1911. Interest payable June
and Dee. 1, at the office of Lawrence Barnum &
oes ziow att Interest due Dec. 1, 1914, in
efault.
Authorized and Oatstanding—$400,000.
Denomination—Coupon, $1,000 ‘and $500.
Registerable as to principal.
Trustees—Western Trust & Savings Bank,
Chicago, and Willoughby G. Walling.
Redeemable at 105 and interest on any interest
date upon 30 days’ notice.
Guaranteed jointly and severally, by the Gary
& Interurban Ry., Valparaiso & Northern Ry.
and Goshen, South Bend & Chicago R. R. com-
anies, and guarantee assumed by the Gary &
[fnterurban R. R. Co., at consolidation.
Organization and Control—Incorporated in
Indiana, June, 1911, consolidated with the Gary
& Interurban Railway and two other Somnaties
in January, 1913, to form the Gary & Inter-
urban R. R. Co.
Protective Committee—Dimner Beeber, David
Halstead and Morgan Saupp. . Depositary, Com-
monwealth Trust ee Philadelphia.
Secured by a first. mortgage on 16 miles of
electric railway extending from Gary to Goodrum,
Ind., connecting with the ‘Toads of the guarantor
companies.
Original Market.—Offered in 1911 by Lawrence
Barnum & Co., New York, at 9214 and interest.
Market.
New York—Plympton Gardner & Co., Douglas
Fenwick & Co., Lawrence Barnum & Co.
GAS & ELECTRIC CO. OF BERGEN COUNTY
Cons. 5s. Due June t, 1949.—
Tax exempt in New Jersey.
Dated June 1, 1899. Interest payable June
and Dec. 1, at Fidelity, Trust Co., Newark, N. J.
Authorized—$1,500,
Outstanding—$1, 140, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Newark, N. J.
Organization and Control—See 5s 1954.
Secured by a mortgage on gas plants at
Hackensack, Rutherford and Englewood and
electric plant at Hackensack, N. J., subject to
$64,000 prior liens.
Underlies—$2,071,000 Gen. 58 of 1954, which
mortgage provides for the retirement of this
issue. :
Net Ebornings. Pub. Serv. Corp.,
12/31/1A4S waseg eis em ies 4s. $17,563,943
Interest and Rents, Subsidiaries 12,097, "109
Interest, Pub. Serv. Corp...... 3, °341, 1496
Listed on the New York Stock Exchange.
Original Market—$200,000 offered at 103}4
Registerable
314
and interest in 1911, by W. E. R. Smith &Co.,
New York, and the Fidelity Trust Co., Newark,
N. J.
Market.
Philadelphia—Borden & Knoblauch, S. K.
Phillips, Mellor & Petry, Geo. S. Fox & Sons,
Graham & Co.
New York—Freeman & Co., W. E. R. Smith
& Co., Chas. H. Jones & Co., Starbuck, Van
Sant & Legg, Gude, Winmill & Co.
Newark—J. S. Rippel, Fidelity Trust Co.,
Clarence Hodson & Co.
Jersey City—Outwater & Wells.
Paterson—F. A. Peters.
GAS & ELECTRIC CO. OF BERGEN COUNTY
Gen. 58. Due Nov. 1, 1954.—F.
Tax exempt in New Jersey.
Dated November 1, 1904. Interest payable
May and Nov. 1, at Fidelity Trust Co,, Newark,
oJ f
Authorized—$5,000,000.
Outstanding—$2,071,000. $455,000 owned by
the Public Service Corp. of N. J.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Newark, N. J.
Organization and Control.—Incorporated in
New Jersey May 31, 1899, as a consolidation of
several small gas and electric light companies,
leased from January 1, 1905, tothe Public Service
Corporation of New Jersey for 999 years. In
October 1909, lease of gas properties was assigned
to the Public Service Gas Co. and inJuly, 1910,
the electric properties were assigned to the Public
Service Electric Co.:
Secured by a mortgage on gas plants at Hack-
ensack, Rutherford and Englewood, and an elec-
tric plant at Hackensack.
Prior Liens—$1,440,000 Cons. 53 of 1949,
which this issue provides to retire.
Earnings—See Consol. 5s of 1949 above.
Market.
Philadelphia—S. K. Phillips, Borden &
Knoblauch.
New York—Freeman & Co., B. H. & F. W.
Pelzer, W. E. R. Smith & Co., Chas. H. Jones &
Co., Paterson & Co., Starbuck, Van Sant & Legg.
Newark—J. S. Rippel, Clarence Hodson & Co.
een City—Edwin R. Case, Outwater &
ells." '
GAS LIGHT CO. OF AUGUSTA, GA., Ist 5s.
Due April 1, 1915 -1935.—O.
Dated April 2, 1906. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$598,000.
Retired—$25,000. $5,000 are due annually
on April 1 to 1918, $10,000 from 1919 to 1927, and
$15,000 from 1928 to 1935. |
Denomination—Coupon, $1,000. 7
Trustee—First Trust & Savings Bank, Chicago.
Redeemable on any interest date at 105 and
interest. :
Organization—Incorporated in Georgia Jan-
uary 21, 1852. :
Secured by a first mortgage on plant supplying
gas to Augusta, Ga., and vicinity. Population
served, 60,000. Franchise perpetual. :
Original Market—First offered by Devitt,
Tremble & Co., Chicago, at 9844 and interest,
April, 1906.
Market.
Boston—Hotchkin & Co.
eT a ene CO.6% Deb. Due April
1, :
Pennsylvania State Tax refunded.
Dated April 1, 1925. Interest payable April
1 and Oct. 1.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $500 and $1,000:
Registerable ‘as to principal only.
Trustee—Fidelity Trust Co., Philadelphia. .
Redeemable at 100 and interest. .
Organization—Incorporated in New Jersey in
1903, as suecessor to National Asphalt Co., and
is a consolidation of several companies engaged
in the production and sale of asphalt and also
street paving and similar contracting. 7
Security—These bonds are a direct obligation
of the company, but are not secured by a mort-
gage. Should the company place any mortgage
upon its property or that of any of its subsidiaries,
these bonds will become due and payable imme-
diately: The company controls very extensive
asphalt deposits in the Island of Trinidad, W. I.,
and in Venezeula, and also in Colorado and Utah.
Through its subsidiaries it also owns a railroad
to its deposits in Colorado, 64 miles long, and a
very large plant for refining sapliaht, loeated at
Maurer, J., and smaller plants located at
Brighton, Trinidad, Guanoco, Venezuela, Madi-
son, Ill., and Los, Angeles.,-Cal., and various
other plants. The company has been actively
developing oil wells, located on the property at
Trinidad. The Trinidad properties are subject
to a mortgage of $1,300,000.
Net Earnings, 11/31/14........ $1,659,655
LNBOR CSE 5) sectteete!s: boacznpias ee si akayeim led ‘ 356,900
GENERAL BAKING CO., N. Y., 1st 6s. Due
June 1, 1936.—F.
Tax exempt in State of New York.
Dated June 1, 1911. Interest payable June
and Dec. 1, at Harvey Fisk & Sons, New York.
Authorized—$5,000,000.
Outstanding——$2,900,000.
Held in Treasury—$664,000.
Retired by Sinking Fund—$136,000.
Denomination—Coupon, $1,000, $500, $100.
Registerable as to principal.
Trustees—Guaranty Trust Co., New York,
and Thomas H. Wagner, St. Louis.
Redeemable at 105 and interest on any interest
date upon two weeks’ notice.
Sinking Fund—At least $125,000 annually,
commencing April 1, 1914, for the purchase or
redemption of these bonds at not over 105
and interest. Bonds so acquired shall cease
to draw interest.
Organization—Incorporated in June, 1911,
under laws of New York as a consolidation of
twenty concerns located in 15 principal cities.
Owns control: of.and operates the Kolb Baking
Co. of Philadelphia.
Secured by a first mortgage on all the property
and assets owned and acquired except merchan-
dise and raw material. No dividends on common
stock unless there is an earned surplus of at least
$1,000,000 over and above such dividends.
Net Earnings, 12/31/14.......... $891,717
215,927 ©
Listed on the New York Stock Exchange.
Original Market—Offered in 1911 by Harvey
Fisk & Sons, New York and Chicago, at 9944
and interest. :
Market.
New York—Harvey Fisk & Sons, Wolff &
Stanley, J. K. Rice, Jr., & Co., Hirsch, Lilienthal
& Co., F. H. Hatch & Co., Chas. H. Jones & Co.,
Tobey & Kirk, Hendrickson & Co., Beyer & Co.,
Didrichsen & Co., Bigelow & Co., Jones & Lan-
man, Gilbert Elliott & Co.
St. Louis—Altheimer & Rawlings Inv. Co.
Philadelphia—O. B. Lansinger & Co.
GENERAL ELECTRIC CO. 40-Year Deb. 3}4s.
Due August 1, 1942.—F. ‘
Dated August 1, 1902. Interest payable Feb.
and Aug. 1, at Guaranty. Trust Co., New York
and at Boston. Fi :
Authorized—$2,500,000.
Outstanding—$2,047,400.
Denomination—Coupon, Series ‘‘A,’”’ $1,000;
Series ““B,’”’ $500; Series ‘‘C,”” $100. :
» Redeemable at 105 and interest on anv inter-
est day. é
B15
Organization—Incorporated in New. York,
April 15, 1882, to take over the Thomson-Hous-
ton Electric Co. and the Edison General Electric
Co. Since 1892 has acquired other plants and
owns entire-capital stock of the Electric Bond &
Share Co., United Electric Securities Co. and
the Electric Securities Corporation. Principal
plants located at Schenectady, N. ¥., Lynn and
Pittsfield, Mass., Harrison and Newark, N. J.,
Erie, Pa. and Fort Wayne, Ind. —
Security—A direct obligation of the company:
but not a mortgage. Issued in part payment for
the patents, obligation, eeplie 2 = and bonds
of the Sprague Electric Compan:
‘Net Earnings, 12/31/14....... * en, 855,883
Interest and discount......... 567, 556
Listed on the New York and Boston Stock
Exchanges.
arket.
Rasion— stated & Oo. Walter S. Place,
Geo. A. Fernald & Co., L. Sherman Adams, Lee,
Higginson & Co.
New York—Gude, Winmill, & Co., Coffin & Co.,
Rauscher & Childress, Beyer & Co.
GENERAL ELECTRIC CO. Deb. 5s.
Sept. 1, 1952.—F.
- Tax exempt in New York State.
Dated Sept. 2, 1912. Interest payable: March
and Sept. 1, at New York, Boston or.at London,
at $4.8654.
Authorized—$60,000,000.
Outstanding—$10,000,000. a
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. Registered, $10,000
$5,000 and $1,000. C. & R. interchangeable.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 107}4 and interest on any
interest date upon six weeks’ notice.
Organization—See Deb. 314s, above.
Security—A direct obligation of the company,
but not secured by mortgage. The company
covenants that with the exception of purchase
money mortgages and of pledges.as security for
temporary loans or as indemnity, it will not at any
time mortgage or pledge any of its property or
franchises, without thereby equally and ratably
securing the principal and the interest on these
bonds. The company has no mortgage debt.
Earnings—See Debenture 314s above.
Listed on the New York and Boston Stock
Exchanges.
Original Market—Offered in 1912 by J. P.
Morgan & Co., New York, and Lee, Higginson
& Co., Boston, at 9934 and interest.
Market.
New York—Lee, Higginson & Co., Gilman &
Clucas, Coffin & Co., Gude: Winmill & Co., Low,
Dixon & Co., Newborg & Co.,: Coffin & Co.,
Beyer & Co. .
Boston—Hornblower & Weeks, Walter S.
Place, Parkinson & Burr, Lee, Higginson & Co.
Philadelphia—Henry & West.
(THE) GENERAL GAS & ELECTRIC CO. Ist
Lien Conv. 5s. Due July 1, 1932.—
Dated July 1, 1912. Interest payable Jan. and
July 1, at New York.
Authorized—$20, 000, 000.
Outstanding—$1,693,000-
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 or multiples of $1,000. C. & R. inter-
changeable.
Trustee—Equitable Trust Co., New York.
‘Redeemable at 105 and interest on any interest
date on 30 days’ notice.
Convertible at par, at the option of the holder,
at any time on or after July 1, 1915, into 7%
cumulative preferred stock unless previously
called for redemption.
Sinking Fund—The mortgages of the North-
western Ohio Ry. & Power Co. and ‘The Western
Vermont Power & Light Co. provide for a sinking
Due
fund beginning July 1, 1917, of 1% of the bonds.
outstanding for five years,-1}4% for the next
five years and 2% thereafter. The funds so
received will be used for the retirement of The
General Gas & Electric Co. bonds.
Organization—The General Gas & Electrie Co.
was incorporated in Maine, in 1912 as a holding
company, and.owns:the.: securities. of.the North-
western Ohio Ry. & Power Co., The Western
veroar Power & Light Co., The Rutland Ry.,
Light & Power Co., the Port Clinton Electric
Light & Power Co, and the Sandusky Gas & Elec-
tric Co. A plan is under consideration whereby
this company will take over the_ properties
formerly controlled by-the Atlantic Gas & Elec-
tric Co., ‘the latter company now being in re-
ceivers’ hands.
eo S. Barstow & Co., New
ork.
Secured by deposit with the Trustee of the
entire issues of first mortgage bonds of the sub-
sidiary companies as follows: $1,293,000 North-
western Ohio Ry. & Power Co. Ist: 5s, $400,000
The Western Vermont Power & Light Co. 1st 5s,
and also by deposit of $1,677,600 of $1,700,000
capital stock of the Rutland Ry., Light, & Power
Co. This latter company owns 31 miles of electric
railway in Rutland,, Vt.,. and extending to.
Lake Bomoseen against which $2,000,000 ‘bonds.
are outstanding. The Northwestern Ohio Ry.
& Power Co. bonds deposited are a first lien on
57 miles of electric railway from Toledo, O., to
Elmore, Oak Harbor, Port Clinton and Marble-
head. The Western Vermont Power &. Light
Co. bonds are a first lien on a hydro-electric plant
at Caners Falls, Vt.
Net Earnings of Subsidiaries,
6/30/13....... 6... eee eens $358,989
: Original Market—Offered in 1912, at 94 and
interest by the Equitable’ Eriist ‘Co. and Red-
mond & Co., New Yor
Market.
New York—Redmond & Co., A. D. Converse
& Co., F. H. Hatch & Co., Didrichsen & Co.,
Edmund Seymour & Co., Gude, Winmill & Co.
Philadelphia—Barclay, Moore & Co.
Cleveland—Otis & Co.
Boston—Moors & Cabot.,
GENERAL MOTORS COMEANY Ist Lien 6%
Notes. Due Oct. 1, 1915.—
Holders. of these ‘notes may | ne payment
discounted on a '3-% basis at the office of Lee,
Higginson & Co., New York, Boston, etc., or
. & W. Seligman & Co., New York, and First &
Old Detroit Nat'l Bank, Detroit. This is equi-
valent to a price, as of April 1, of 101.455.
Dated October 1, 1910. Interest payable
April and Oct. 1, at New York.
Authorized—$20,000,000.
Outstanding—$7, 852, 000. .
Retired by Sinking Fund—$7, 148,000
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Central Trust:Co., New York.
Redeemable at 10244 and interest on any
interest date on 60 days’ notice,
Sinking Fund—Annually on October 1, $1,500,-
000 in 1911, $1,500,000 in 1912, $2, 060,000 in
1913, and $2) 000, 000'in 1914, for the purchase oF
redemption of these notes at not over 10234 and
interest. These amounts may be increased at
company’s option.
Organization—Incorporated in New Jersey
Sept. 16, 1908, acquired the entire capital stock
Buick Motor Co., Flint, Mich., Olds Motor:
Works, Lansing, Mich., and a number of other
companies.
‘Secured by deposit with the Trustee of the
securities of subsidiary companies, including
$13,300,000 (entire outstanding) of $20,000,000
lst 6s of the General Motors Co. of Mich igan.
Secured by a first mortgage on the real estate
plants, patents and assets of practically all the
316
subsidiary companies. Total assets pledged
hereunder are given as $37,383,000. The com-
pany is required to maintain net quick assets of
the subsidiary companies at not less than 183}4
per cent. of the amount of notes outstanding,
and no additional indebtedness can be created
by any of the subsidiary companies, a majority
of whose stock is pledged hereunder.
Net Earnings, 7/31/14......... $7,819,969
Interest on these notes......... 570,235
Listed on the New York and Boston Stock
Exchanges and Unlisted Dept., Chicago Stock
Exchange. ‘
Original Market—Underwritten in 1910 by
J. & W. Seligman & Co., New York, and Lee,
Higginson & Co., Boston and New York, offered
at 96 and interest ee 20% stock bonus.
arket.
New York—Geo. H. Burr & Co., E. & C. Ran-
dolph, Lee, Higginson & Co., Bull & Eldredge,
Wolff & Stanley, Swartwout & Appenzellar,
Hartshorne & Picabia, L. M. Prince & Co., Craw-
ford, Patton & Cannon, A. E. Fitkin & Co.,
Whittemore, Pell & Co., Salomon Bros. & Hutz-
ler, H. P. Taylor & Co., J. & W. Seligman & Co.,
Hornblower & Weeks, Gude, Winmill & Co.
Detroit—Security Trust Co., W. A. Hamlin &
0.
Boston—Parkinson & Burr, Lee, Higginson &
Co., F. S. Moseley & Co. |
‘Chicago—John ‘Burnham & Co., Babcock,
Rushton & Co. :
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
GENERAL RAILWAY SIGNAL CO.
Due July 1, 1927.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$1,000,000.
Qutstanding—$470,000.
Redeemed—$50,000.
Denomination—Coupon, $1,000.
Trustee—Rochester Trust & Safe Deposit Co.,
Rochester, N. Y. :
Redeemable on six months’ notice at par.
Organization—Incorporated in New York
June 18, 1904, Acquired business of Pneumatic
Signal Co., Rochester, N. Y., and Taylor Signal
0.
Secured by a first mortgage on plant covering
about 25 acres at Rochester, N. Y., where com-
pany is engaged in manufacture of block signal
systems, interlocking devices, crossing grades,
etc.
Net Earnings, 12/31/14.......... $514,182*
Tyterest «cu a aviewis 4 oan aeoyeue & 29,734
*Compares with $1,307,426 in 1913.
arket.
Rochester—Ford, Enos & Wolcott.
GENERAL RUBBER COMPANY Deb. 4}%s.
Due July 1, 1915.—F.
Dated July 1, 1905. Interest payable Jan.
and July 1, at First National Bank, New York.
Authorized and Outstanding —$9,000,000.
Ist 6s
Denomination—Coupon, $1,000. Registerable
as to principal. 4
Registered—$1,000, $5,000, $10,000 and
$50,000. C. & R. interchangeable. 3
Trustee—Industrial Trust Co., Providence,
a Redeemable at 105 and interest on any interest
ate. E
Guaranteed principal and interest jointly and
severally by the United States Rubber Co. and
the Rubber Goods Mfg. Co. by endorsement. _
Organization and Control—Incorporated in
‘New Jersey March 24, 1904, for the purpose of
buying cruderubber. Controlled through owner-
ship of stock by Rubber Goods Mfg. Co. and the
Meyer Rubber Co., subsidiaries of the United
States Rubber Co. ee
' Security—-A direct obligation of the company
317
but not secured by a mortgage. The net quick
assets of the company consisting of the stock of
erude rubber, or the proceeds thereof, shall al-
ways be of an aggregate value of 120% or
more of the amount of the bonds outstand-
ing; and the company shall not issue any bonds,
debentures or certificates of indebtedness, or any
notes, except those issued in the regular course
of business, without reserving to the holders of
all debentures of this issue the right to receive
prior payment.
Original Market—Offered in 1905, by First
National Bank, New York, at 96 and interest;
offered in 1911, by Kissel, Kinnicutt & Co., New
York, at 9714 and interest.
arket.
New York—Geo. H. Burr & Co., Rhoades &
Co., Curtis & Sanger, Seasongood & Haas, Bull
& Eldredge, Crawford, Patton & Cannon, H. N.
Whitney & Sons, Coffin & Co., Salomon Bros.
& Hutzler, Farson, Son & Co., Swartwout &
Appenzellar, Kissel, Kinnicutt & Co., Newbor;
& Co., Morgan & Bartlet, Beverley Bogert
Co., Hornblower & Weeks.
Boston—Edgerly & Crocker.
New Haven—Kimberley, Root & Co.
GENESEE & WYOMING RAILROAD Ist 5s.
Due April 1, 1929.—N. .
Dated April 1, 1899. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Organization—Chartered in New York March
25, 1899, as successor to the Genessee & Wyoming
Valley Ry. Co. (1891).
Secured by a first mortgage on 16 miles of
railroad from Retsof to Pittsburgh and Lehigh
Jct., N. Y., with branches.
Net Earnings, 6/30/14............ $69,390
Interest, etc........ 000. c eae .. 25,000
Market.
New York—J. K. Rice, Jr., & Co., L. F. Hep-
burn, Tobey & Kirk, R. B. Hathaway, Foster &
Adams, J. S. Bache & Co., F. H. Hatch & Co.,
Gilbert Eliott & Co., Eastman, Dillon & Co.,
H. P. Taylor & Co.
New Haven—Clifford E. Smith.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
GEORGETOWN & LEXINGTON TRACTION
CO, Ist 5s. Due Noy. 15, 1921.—N.
Dated Nov. 15, 1901. Interest payable May
15 and Nov. 15, at Guaranty Trust Co., New
York.
Authorized—$250,000.
Outstanding—$200,000.
Denomination—Coupon and registered, $100,
$500 and $1,000.
srnstes-—Uinsinnetd
‘io. ;
Guaranteed as to principal and interest by the
Kentucky Securities Corp. a
Assumed by Kentucky Traction & Terminal
Oo. : :
Control—Absorbed by Kentucky Tract. &
Terminal Co., all of whose stock is owned by
Kentucky Securities Corp.
Secured by first mortgage on 15 miles of
soe between Georgetown and Lex-
ington. Population served, 45,000.
Underlies—$2,247,000 Kentucky Traction &
Terminal Co. 5s.
Net Earnings, 6/30/14..........
Interest, sinking fund and taxes. .
This issue........... Poe ee 103,094
Original Market—First offered by Dunlap,
Morgan & Co., Louisville, Ky., at par and inter-
est Feb., 1903.
Market.
Cincinnati—Claude, Ashbrook & Co.
Baltimore—Smith, Lockhardt & Co.
Trust Co., Cincinnati,
GEORGETOWN, ROWLEY & IPSWICH ST.
RAILWAY 1st 5s. Due June 1, 1920.—N.
Dated June 1, 1900. Interest payable June
and Dee. 1, at City Trust Co., Boston. ,
Authorized and Outstanding—$180,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
Assumed by Bay State St.-Ry. Co. oo
Organization and Control—Incorporated in
‘Mass., June 14, 1899. Absorbed by Bay State
St. Ry. Co., which is controlled by Massachusetts
Electric companies. eae
Secured by first mortgage on 18 miles of elec-
tric railway from Georgetown to Newburyport,
with a branch to Ipswich. Population served,
26,000.
Underlies—$7,445,000 Boston & Northern St.
Ry. 4s.
Net Earnings (B. S. S. Ry.),
GO / BOD Bi isdceriava cetssnsereionindicsr at ors $3,331,280
Triterest a sect ccnieeactomauiescturcess 2,006,984
This ISGUC ks cise da Rionteew as HGH 1,707,184
Original Market—Offered in 1900 by Geo. A.
Fernald & Co., Boston, at 1074.
Market. - c
Boston—Geo. A. Fernald & Co., Perry, Coffin
& Burr.
New York—Blodget & Co.
GEORGIA & ALABAMA RAILWAY_ Cons.
(now 1st) 5s. Due Oct. 1. 1945.—F.
See Map 114.
Dated Oct. 1, 1895. Interest payable Jan.
and July 1, at 24 Broad Street, New York.
Authorized—$10,000,000.
‘+ Outstanding—$6,085,000 (Closed mortgage).
Denomination—Coupon, $1,000. ‘Registerable
as to principal.
Trustee—The Baltimore Trust Co., Baltimore.
Organization and Control—Organized July
29, 1895, as successor to Savannah, Americus &.
Montgomery Ry. Co. In February, 1902,
merged into Seaboard Air Line Ry. Co.
Assumed by the Seaboard ‘Air: Line Railway.
Secured by first mortgage on (5) 399 miles of
road extending from Montgomery, Ala., to Lyons.
Ga., with branches from Columbus:to Albany,
Ga., Abbeville to Ocilla, Ga., and from Mel-
drim to Savannah, Ga., together with a lease-
hold interest in 58 miles from Lyons to. Meldrim.
This road forms the shortest route between
Montgomery, Ala., and Savannah, Ga. These
Bonds are outstanding at the rate of $15,200 per
mile. es
Underlies—$12,775,000 Seaboard Air Line ‘1st
4s, due 1950. $33,000,000 Refunding 4s, due
1949, which provide for the retirement of these
bonds, and $25,000,000 Adjustment 5s, due.1949.
Legal for Cal. : . a
Listed on the New York, Baltimore and Rich-
mond Stock Exchanges. : ree
«Market.
Baltimore—Baker, Watts & Co., Sutton &
Co., J. Harmanus Fisher & Son, Nelson Cook &
Co., Alex. Brown & Sons, Strother, Brogden &
Co., J. S. Wilson, Jr., & Co., Jenkins, Whedbee &
Poe, Mackubin, Goodrich & Co., Poe & Davies,
Middendorf, Williams & Co., Hambleton & Co.,
Townsend Scott & Son, John D. Howard & Co.,
B. Warren Corkran & Co. .
New York—Coffin & Co., Newborg & Co.,
Wolff & Stanley, L. M. Prince & Co., Foster
Adams, Bigelow & Co., McGeorge & Vander-
hoef, Hambleton & Co., Wood, Struthers & Co.
Philadelphia—C. C. Harrison, Jr., & Co.
GEORGIA & ALABAMA TERMINAL CO. Ist
5s. Due Dee. 1, 1948.—F.
Dated Dec. 1, 1898. Interest payable June
and Dec. 1, at office of Blair & Co., 24 Broad
Street, New York. : .
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
318
86 and interest.
Trustee—Richmond Trust & Safe Deposit
Co., Richmond, Va. -:- 7
Redeemable at 110 and interest on any interest
date upon 90 days’ notice. ‘
Guaranteed principal and interest by the
Georgia & Alabama Ry. Co., which was merged
into the S. A. L. Ry. in 1901. ie
Organization and Control—Incorporated in
Georgia, Nov., 1898. Entire capital stock
owned by Seaboard Air Line Ry. Co., and
pledged under its First Mtg., Refunding 4s and
Adjustment 5s. ae Ce
Secured by a first mortgage on 2 miles of main
line on Hutchinson’s Island, opposite Savannah,
connecting with the Georgia & Alabama Ry.;
and on about 1,200 acres on said island, includ-
ing more than three miles of waterfront, with
wharves, piers, warehouses, etc.
Refunding—S. A. L. Ref. 4s of 1959 provide
for the retirement of this issue.
Original Market—Offered in 1904 by E. H.
Rollins & Sons, Boston and New York, etc., at
10914 and interest.
Market. :
New York—Spencer Trask & Co., Middendorf,
Williams & Co., Coffin & Co., Foster & Adams,
E. & C. Randolph. ;
Baltimore—Poe & Davies, Sutton & Co.,
Townsend Scott & Son.
GEORGIA & FLORIDA RAILWAY Ist 5s.
Due Nov. 1, 1956.—F.
See Map 129.
Dated Nov. 1, 1906. Interest payable May
and Nov. 1, at New York and Baltimore.
Funding—Coupons from Nov., 1913, to May,
1916, funded into 5% Notes, due on or before
Nov. 1, 1918.
Authorized—-$12,000,000... .
Outstanding—$5,610,000. ‘
Held in Treasury—$630,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Baltimore Trust Co., Baltimore.
Organization—Incorporated in Georgia, July,
1906, as a consolidation of several short lines.
or appointed for the company in April,
Secured by first mortgage on (6):322 miles of
road from Keysville to adison, Ga., with
branches and a second mortgage on (7) 44 miles
from Millen to Normantown Junction, Ga.,
subject to a prior lien at the rate of $4,000
per mile. These bonds are outstanding at
the rate of $15,300 per mile.
Prior Liens—$212,000 Millen & Southwest-
ern 1st 5s, due 1955, to secure which bonds of
this issue have been reserved.
Underlies—$2,000,000 General 6s, due 1932.
Net Earnings, 6/30/14.......... $45,047
Interests seca acvaie sce recas Sin cents eu 458,408
Original Market—Offered in 1907, by Mid-
dendorf, Williams & Co., Baltimore and John
L. Williams & Co., Richmond, Va. Offered,
1912, by Robert Daniel & Co., Philadelphia, at
Market.
Philadelphia—John H. McQuillen & Co.
Boston—Hotchkin & Co.
Baltimore—Middendorf, Williams & Co,
Townsend Scott & Son.
GEORGIA & FLORIDA RAILWAY CO. Gen.
_, 6s. Due Feb. 1, 1932.—F.
See Map 129. : :
Dated February 1, 1912. Interest payable
Feb. and Aug. 1, at New York. Prior to Feb.
1, 1922, interest is payable in cash or 5% inter-
est bearing scrip, which scrip is convertible
into bonds in amounts of $300 or multiples.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Fidelity Trust Co., Baltimore, Md.
,_ Redeemable as a whole at par and interest
including scrip obligations and interest, on any
interest date on 60 days’ notice.
Secured by second merieeee on (6) 322 miles
of. road from Keysville to Madison, Ga., subject
to prior lien at the rate of $15,300 per mile,
and a third mortgage on (7) 44 miles of road
from Millen to Normantown Junction, Ga.,
subject to prior liens at the rate of $20,100 per
mile. These bonds are outstanding at the rate
of $5,400 per mile.
Prior Liens—$212,000 Millen & Southwestern
1st_5s, and $5,610,000 Ist 5s, due 1956.
Earnings—See ist 5s, due 1956.
Original Market—Offered in 1912, by Mid-
dendorf, Williams & Co., Baltimore.
GEORGIA & FLORIDA TERMINAL CO. Ist
6s. Due July 1, 1930.—F.
Dated July 1, 1910. Interest Jan. and July
at Trustee’s office.
Authorized—$200,000.
Outstanding—$175,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Baltimore.
Redeemable at 103 and interest on any inter-
est date on 30 days’ notice.
Guaranteed as to principal and intenest by
Georgia & Florida Ry. Co. by endorsement on
each bond.
Organization and Control—Chartered in
Georgia June 27, 1910. Controlled by Georgia
& Florida Ry. Co., which owns entire stock and
leases the property at a fixed rental of $12,000
per year. In April, 1915, the Georgia & Florida
Ry. was placed in the hands of a receiver.
Secured by first mortgage lien on property
owned in Augusta and Valdosta, Ga., land and
freight and commercial. warehouses furnishing
terminals for the Georgia & Florida Ry. Co.
ee Market.
Baltimore—Middendorf, Williams & Co.
£ 5
GEORGIA, CAROLINA & NORTHERN RAIL-
WAY CO. ist 5s. Due July 1, 1929.—N.
See Map 113. ;
Dated May 24, 1889.
and July 1, at office of Blair & Co., 2
Street, New York, and at Trustee’s office.
Authorized and Outstanding—$5,360,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—The Mercantile Trust & Deposit
Co., of Baltimore.
Assumed by Seaboard Air Line Railway.
Organization—Incorporated in Georgia, North
Carolina and South Carolina, 1886-87. Con-
solidated with the Seaboard Air Line Ry. Co.,
November, 1901.
Secured by first mortgage on (7) 266 miles of
road from Monroe, N. C., to Belt Junction,
near Atlanta, Ga., with a branch to Inman Park,
Ga. These bonds are outstanding at, the rate of
$20,000 per mile. , . :
Underlies—$12,775,000 Seaboard Air Line
1st 4s, due 1950, $83,000,000 Refunding 4s,
due 1949, which provide for the retirement. of
these bonds and $25,000,000 Adjustment 5s, due
194!
Interest payable Jan.
Legal for Cal. r
Listed on the New York, Baltimore and Rich-
mond Stock Exchanges. i
Original Market—First offered. by Brown
Bros. & Co., J. Kennedy Tod & Co., New York,
and Alex. Brown & Sons, Baltimore..
Market.
Baltimore—Baker, Watts & Co., Sutton &
Co., John D.. Howard & Co., Poe & Davies,
Howard R. Taylor & Co., Middendort, Williams
& Co., Jenkins, Whedbee & Poe, J. H. Fisher. &
Son, Mackubin, Goodrich & Co., Strother,
Brogden & Co., Townsend Scott & Son, Alex.
Brown & Son, Hambleton & Co., Walter Kop-
319
4 Broad ©
pelnan, Riggs & McLane, B. Warren Corkran
0.
Boston—Estabrook & Co. :
Philadelphia—C..C. Harrison, Jr., & Co.
New York—Gude, Winmill & Co., McGeorge
& Vanderhoef, Jas. B. Colgate & Co., Coffin & Co.,
Sutro Bros. & Co., Newborg & Co., J. A. Clark &
Co., Gilman & Clucas, S. L. Snowden, Bigelow &
Co., Redmond & Co., Leonard Snider & Co.,
H. P. Taylor & Co., Wood, Struthers & Co.,
Hambleton & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
GEORGIA-CAROLINA POWER CO. Ist 5s.
Due July 1, 1952.—F.
Dated July 1, 1912. Interest payable January
and July 1, at Trustee’s office.
Authorized—$5,000;000.
Outstanding—$2,750,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Central Trust Co., New York.
Redeemable as a whole or in part, for sinking
fund at 105 and interest.
Sinking Fund—Beginning 1918, sufficient to
retire all bonds by maturity.
Guaranteed principal, interest and - sinking
fund by the Augusta-Aiken Ry. & Electrical
Corporation.
Organization and Control—Incorporated under
South Carolina laws. Controlled by Georgia-
Carolina Investment Co., through ownership of
entire capital stock.
Secured by first lien on hydro-electric plant
and system on Savannah River. Franchise for
distributing ee heat and power in Augusta,
Ga., runs until 1959.
Net Earnings, A.-A. Ry. & El.
M2/ BANA ss gas papers a5» dagaata k
Interest and sinking fund....... 282,962
Original Market—Offered in 1912, by the
British and General Debenture Trust Co.,
Ltd., London, at 90 and interest with stock
bonus. 2
Market.
New Tork—J. A. Clark & Co.
GEORGIA COAST & PIEDMONT RAILROAD
Deb. Income 6s. Due Sept. 1, 1932.—F.
Dated Sept. 1, 1912. Interest payable Sept.
1, if earned.
Authorized and Outstanding—$250,000.
Secured—(For description of property of Com-
pany see under 5s of 1962 below.
farket.
New York—F. J. Lisman & Co.
GEORGIA COAST & PIEDMONT RAILROAD
1st 5s. Due April 1, 1962.—F.
See Map 129.
_ Dated April 1, 1912. Interest payable April
and Oct. 1,.at F. J. Lisman & Co., 30 Broad
St., New York. ;
Authorized—$3,500,000.
Outstanding—$1,655,000.
Held in Treasury—$50,000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust Co., New York.
_ Redeemable on any interest date at 105 and
interest.
Sinking Fund—Beginning January 1, 1917,
¥% of 1% of bonds issued for purchase or redemp-
tion of bonds at 105 and interest by lot.
Organization—Incorporated_in Georgia, Aug.
2, 1905, as successor to the Darien & Western
R. R. (1894) through change of name.
Secured by a second mortgage on (8) 100 miles
of road including line from Collins via Darien to
Brunswick, Ga., subject,to a prior lien at the
rate. of $300 per mile. These bonds are out-
standing at the rate of $16,500 per mile.
Prior Lien—$32,000 1st 5s of 1946, which
this mortgage provides to retire.
Net Earnings, 6/30/14.,.......... $7,169
Interest not reported in 1913-14.
Original Market—First offered by F. J. Lisman
& Co., New York.
Market.
New York—Hartshorne & Picabia, F. J. Lis-
man & Co.
GEORGIA ELECTRIC LIGHT CO. 1st 5s. Due
July 1, 1930.—-F.
Dated July 2, 1900. Interest payable Jan.
and July 1, at Old Colony Trust Co., Boston.
Authorized—$2,000,000. .
Outstanding—$1,350,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. oe a
Trustee—Old Colony Trust Co., Boston.
4 Redeemable at 105 and interest on any interest
ate,
Organization and Control—Incorporated Aug-
ust 22, 1891. Merged into the Georgia Ry. &
Electric Co. in January, 1902. Now leased to
the Georgia Ry. & Power Co. .
Secured by a first mortgage on the entire
property of the former Georgia Electric Light
Co., which controlled a large part of the electric
lighting business of Atlanta, Ga., and owned
power plants and distributing systems. :
Underlies—$5,980,000 Georgia Ry. & Electric
Co. 1st Cons. 5s of 1932, and $3,568,000 Ref. &
Imp. 5s of 1949, which provide for the retire-
ment of this issue.
Net Earnings, (G. Ry. & P. Co.)
» 7 12/381/14...... a $2,749,576
_. Interest.and rentals........... ° 2,106,272
Original Market—Offered in 1901, by Lee,
Higginson & Co., and Curtis & Sanger, Boston
and New York, at 983¢ and interest.
foes Market. | "
-_..New_York—Curtis & Sanger, Blodget & Co.,
John D.. Curtis. & Co., Gude, Winmill & Co.
Atlanta—J. H. Hislman & Co.
Boston—Walter S. Place, L. Sherman Adams,
Old Colony Trust Co., Blodget & Co.
Baltimore—Jenkins, Whedbee & Poe.
Philadelphia—Cassatt & Co., S. K. Phillips,
Oscar R. Dare, R. Glendinning & Co.
Wilmington—Laird & Co.
illiard & Sons. \
Louisville—J. J. B. H
GEORGIA LIGHT, POWER & RAILWAYS
.. Ist Lien S. F. 5s. Due Sept. 1, 1941.—F.
Dated Sepromber 1, 1911. Interest payable
March and September 1, at A. B. Leach & Co.,
New York or Bank of Scotland, London.
Authorized—$6,500,000.
Outstanding—$3,300,000. .
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000 and
multiples. C. & R. interchangeable.
_Trustee—The New York Trust Co., New York.
Redeemable at 105 and interest on any
interest date on 30 days’ notice. ;
Sinking Fund—$50,000 annually 1916 to 1920,
$75,000 annually 1921 to 1925, and $100,000
annually 1926 to. 1940, for the purchase or
redemption of these bonds at not over 105 and
interest. Bae
Organization—A voluntary Association formed
under Massachusetts laws in September, 1911,
to acquire securities of public utility concerns
in the State of Georgia. Through its subsidiaries
operates the entire electric railway and gas busi-
ness in Macon and electric business in Macon,
Monticello, Forsyth, Barnesville, Griffin, Bibb
and Hampton, Ga., and sells a large amount of
electricity in Atlanta. Also operates hydro-
electric plant near Jackson, 16,000 h. p. and 125
miles of transmission lines.
Secured by a first lien on $900,000 (entire
issue) common stock of the Macon Railway &
Light Company, practically all of the $300,000
820
common stock and $200,000 preferred stock of
the Macon Gas Company, $2,000,000 stock
and $450,000 notes of the Central Georgia Power
Company. Making these bonds a first lien on
the Macon Gas Company; a lien upon the Macon
Railway & Light Company subject to $1,042,500
outstanding bonds, and a lien on the Central
Georgia Power Co. subject to $3,000,000 bonds.
Net Earnings, 12/31/14 225,670
Interest : 174,988
Listed, on the London, Pittsburgh and Chicago
Stock Exchanges. i
Original Market—Offered in Dec., 1911, by A.
B. Leach & Co., New York, at 9214 and interest.
Market.
New York—A. B. Leach & Co., Chandler Bros.
& Co., Stephen L. Snowden, Coffin & Co., G. W
Walker & Co., Rauscher & Childress, Kirkpatrick
& Lewis, Gude, Winmill & Co.
« Portland, Me.—Chester H. Pease.
St. Louis—Bowman, Cost & Co.,
Philadelphia—Oscar R. Dare,’ Newhall,
Churchman & Co. :
Baltimore—Smith, Lockhardt & Co.
Boston—L. Sherman Adams, F. B. Bassett
Co.
Poughkeepsie—Atwater, Foote & Sherrill.
GEORGIA MIDLAND RAILWAY CO. Ist 3s,
Due April 1, 1946.—F.
‘See Map 121. .
' Dated April 1, 1896. Interest payable April
and Oct. 1, at J. P. Morgan & Co., New York
\ ‘Authorized and Outstanding—$1,650,000.
- Denomination—Coupon, $1,000. Registerable
as to principal. or iG it Wiehe 8S
.Trustee—Central Trust Co., New York..:-
Organization and Control—Chartered..in: Sep-
tember, 1885, as the Georgia Midland & Gulf R.R
Co. Controlled by Southern Ry. Co.:- through
ownership of entire capital stock, and leased to it
for 99 years from July 1, 1896. rodBes
Secured by first mortgage on (10) 98 miles of
Toad from Columbus to McDonough, Ga.,
furnishing the Southern Ry. with its entrance
into Georgia. ease of road to the Southern Ry.
is also deposited under the mortgage. These
bonis are outstanding at the rate of $16,800 per
mile. .
Refunding—An equal amount of Southern
Ry. Dev. & Gen. 4s is reserved to retire this
issue.
Legal for California.
Listed on the New York Stock Exchange.
Market.
New York—Wm. A. C. Ewen, McGeorge &
Vanderhoef, Tobey & Kirk, Spencer Trask &
Co., Wolff & Stanley, F. H. Hatch & Co., R. B,
Hathaway & Co.
Baltimore—Townsend Scott & Son, Colston,
Boyce & Co.
GEORGIA PACIFIC RAILWAY CO.
Due Jan. 1, 1922.—N.
See Map 120. 2 4
Dated May 6, 1882. Interest payable Jan,
and July 1, at J. P. Morgan & Co., New York
Authorized—$10,000 per mile.
Outstanding—$5,660,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Assumed by Southern Ry. Co.
Organization—Incorporated in Alabama and
Mississippi in 1881 and in 1894 was sold under
foreclosure to the Southern Ry. Co.
Secured by first mortgage on (5) 552 miles of
road from Atlanta, Ga., to Greenville, Miss.,
with branches. These bonds are outstanding
at the rate of $10,300 per mile.
Underlies—$132,000,000 Southern Railway 1s
Cons. 5s due 1994, which provide for the retire-
ment of this issue, Deb. & Gen. Mtge. and notes.
Legal for Balt. and Cal.
ach
1st 68.
Listed on the New York, Baltimore and
Richmond Stock Exchanges.
Market. 5 D
New York—Wolff & Stanley, Seasongood &
Haas, McGeorge & Vanderhoef, J. S. Bache &
Co., Coffin & Co., Jacobson & Friedman, Am-
brose R. Clark, Hambleton & Co.
Baltimore—J. Harmanus Fisher & Son,
Baker, Watts & Co., John D. Howard & Co.,
Poe & Davies, Jenkins, Whedbee & Poe, Strother,
Brogden & Co., Alex. Brown & Sons, Townsend
Scott & Son, Sutton & Co.
Philadelphia—C. C. Harrison, Jr., & Co.,
Graham & Co.
GEORGIA RAILROAD & BANKING CO. Deb.
6s. Due Jan. 1, 1922.—N.
Dated January 1, 1882. Interest payable
Jan. and Jnly 1, at American Exchange National
Bank, New York, and at company’s office,
Augusta, Ga.
Outstanding—$300,000.
Denomination—Coupon, $1,000. Resigterable
as to principal. Registered, $1,000.
For description of Security, etc., see Deb. 4s
of 1947.
Market.
New York—S. L. Snowden.
Augusta—J. H. Dickey.
GEORGIA RAILROAD & BANKING CO. Deb.
5s. Due Jan. 1, 1922.—N.
Dated January 1, 1887. Interest payable
Jan. and July 1, at American Exchange National
Bank, New York, and at company’s office,
Augusta, Ga.
Outstanding—$200,000.
Denomination—Coupon, $1,000.
as to principal. Registered, $1,000.
ghee meotiption of Security, ete., see Deb. 48
°o .
Registerable
GEORGIA RAILROAD & BANKING CO. Ref.
eb. 5s. Due Jan. 1, 1922.—N.
Dated July 1, 1897. Interest payable Jan.
and July 1, at American Exchange National
Bank, New York, and at Company’s office,
Augusta, Ga.
Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
as to principal.
For description of Security, etc., see Deb.
4s of 1947.
Registerable
GEORGIA RAILROAD & BANKING CO.
Ref. Deb. 4s. Due Jan. 1, 1947.—N.
Dated January 1, 1907. Interest apeaeek
Jan. and July 1, at American Exchange National
Bank, New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
asto principal. . . 2
Control—Incorporated in Georgia, December
21, 1883. Present name adopted December,
Controlled through stock ownership by
L. & N. R. R. Co. and Atlantic Coast Line Co’,
and leased to these companies for 99 years from
1881. Rental, $600,000 per annum.
Security—A direct obligation of the company
but not secured by a mortgage. The company
covenants that it will not mortgage the property
without equally securing these debenture issues.
The company owns in fee 229 miles of road,
including line from Augusta to Atlanta, Ga.,
171 miles, and branches to Washington and
Athens, 58 miles, and through ownership in the
securities of the Macon & Augusta R. R. Co., an
additional 74 miles from Macon to Camak, Ga.
Also owns 50% of the capital stock of the Western
Ry. of Ala.
2 Market.
Atlanta—Robinson-Humphrey-Wardlaw Co.,
J. H. Hilsman & Co.
. New York—Joseph Walker & Sons, Stephen L.
Snowden.
Augusta, Ga.—J. W. Dickey.
Baltimore—Strother, Brogden & Co., Riggs &
McLane.
GEORGIA RAILWAY & ELECTRIC CO. tst
Cons. 5s. Due Jan. 1, 1932.
Dated April 1, 1902. Interest payable Jan.
and July 1, at Old Colony Trust Co., Boston.
Authorized—$11,000,000.
Outstanding—$5,360,000
Retired by Sinking Fund—$140,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Old Colony Trust Co., Boston, Mass.
“ aeaniand at 110 and interest on any interest
ate.
Sinking Fund—$10,000 annually from 1907 to
1911, $25,000 annually from 1912 to 1916, and
50,000 annually thereafter, for the purchase
of these bonds at not over 110 and interest.
Guaranteed interest and sinking fund under
ime of lease by the Georgia Railway & Power
O.
Organization and Control—Incorporated in
Georgia, January 29, 1902, as a consolidation
of various street railways and electric and gas
lighting properties. Leased January 1, 1912, to
the Georgia Ry. and Power Co. for 999 years.
Rental fixed charges 5% on $2,400,000 preferred
stock and 8% on $8,000,000 common stock.
Secured by a first mortgage on about 73 miles
of street railway track, a power house, steam
beating plant and a part of the electric lighting
system in Atlanta, Ga., and, except $225,000 un-
derlying bonds, a second mortgage on the balance
of the property subject to prior liens. Addi-
tionally secured by deposit of $600,000 preferred
and $1,014,625 common stock (entire capital
stock) of the Atlanta Gas Light Co. (outstanding
$969,000 bonds); $2,500,000 bonds (entire out-
standing) of the Atlanta Ry. & Power Co.;
$1,250,000 bonds (entire outstanding) bonds of
the Atlanta Rapid Transit Co. Franchises are
perpetual.
Prior Liens—$1,350,000 Georgia Electric
Light Co. 1st 5s of 1930, $225,000 Atlanta Street
Ry. 6s of 1920, $2,075,000 Atlanta Consolidated
Street Ry. 1st Cons. 5s of 1939.
Underlies—$3,692,000 Ref. & Impt. 5s of 1949,
which provide for the retirement of this issue and
also the prior liens.
Net Earnings (G. Ry. & P. Co.),
2/31/14 ew erek oh tans en kew $2,749,576
Interest and rentals........... 2,106,272
Legal for Balt. 7
Original Market—Offered in 1902, by H. W.
Poor & Co., New York, and Curtis & Sanger,
Boston, at 98 and interest; offered in 1911 by
Blodget & Co., and Spencer Trask & Co., New
York, at 10214 and interest.
Market.
New York—Spencer Trask & Co., Blodget &
Co., Curtis & Sanger, Coffin & Co., Stephen L.
Snowden, F. H. Hatch & Co., E. & C. Randolph,
B. Hathaway & Co., John D. Curtis & Co.
Atlanta—Robinson-Humphrey-Wardlaw Co.,
J. H. Hilsman & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
E. B. Smith & Co., Cassatt & Co., Oscar R.
Dare, Henry & West, S. K. Phillips, Drexel &
Co., Wistar & Stokes, Reed & Huntoon, R.
Glendinning & Co.
Baltimore—Riggs & McLane, Baker, Watts &
Co., Jenkins, Whedbee & Poe, J. S. Wilson, Jr.,
& Co., Colston, Boyce & Co., Sutton & Co.
Boston—L. Sherman Adams, Burgess, Lang &
Co., Blodget & Co.
Chicago—Kennett, Cowan & Co.
_Providence—W. W. White & Co.
GEORGIA RAILWAY & ELECTRIC CO. Ref.
& Imp. 5s. Due Jan. 1, 1949.—F.
321
Dated January 1, 1909.
Jan. and July 1, at Boston.
Authorized—$20,000,000.
Outstanding—$3,656,000.
Retired by Sinking Fund—$115,
Denomination—Coupon, $1, 000.
as to principal.
Trustee—American Trust Bex Boston.
Redeemable at 105 and interest on any interest
date on 50 days’ notice.
Sinking Fund—1% of outstanding bonds on
October 1st each year, for the purchase or redemp-
tion of these bonds at not over 105 and interest.
Guaranteed as to interest and sinking fund
under terms of lease by the Georgia Railway
& Power Co.
Organization—See 1st Cons. 5s above.
Secured by a direct mortgage on the entire
property of the company including about 200
miles of street railway in and around Atlanta,
Ga., and on plants supplying that city and
surrounding territory with electricity and steam
wdeat. Also secured by a first collateral lien on
$100,000 (entire issue) capital stock of the Atlanta
Northern Ry. Co., $152,000 (entire issue) capital
stock of the Railroad Bidg. Co. Trust; $500,000
of $1,000,000 capital stock of the Atlanta Electric
Co., and a second collateral lien on the securities
pledged under the 1st Cons. 5s.
Prior Liens—$10,444,000, including Ist Cons.
5s and outstanding bonds of constituent com-
panies, for the retirement of which bonds this
issue are reserved.
Earnings—See ist Cons. 5s above.
Legal for Balt.
Original Market—Offered in 1909, by Spencer
Trask & Co., Blodget, Merritt & Co. (now
Blodget & Co.), and Curtis & Sanger, New York,
at 96 and interest, and $519,000 offered in 1911,
by Chas. C. Harrison, Jr., & Co es hiladelphia,
at 99 and interest. $250,000 offered Oct., 1912,
by same firm at same price.
Market.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
C. Clothier Jones & Co., E. B. Smith & Co., Reed
A. Morgan & Co., Oscar R. Dare, Henry & West,
= K. Phillips, Wistar & Stokes, R. Glendinning
Interest payable
000.
"Registerable
oO.
Baltimore—Colston, Boyce & Co., Baker, Watts
0.
Atlanta—J. H. Hilsman & Co.,
Humpbhrey-Wardlaw Co.
New York—Blodget & Co., Spencer Trask &
Co., L. F. Hepburn, G. W. Walker & Co., Coffin
& Co., Didrichsen & Co., Stephen L. Snowden.
Boston—Geo. A: Fernald & Co.
Chicago—Kennett, Cowan & Co.
GEORGIA RAILWAY & POWER CO. Ist &
Ref. 5s. Due April 1, 1954.
Pennsylvania State Tax Refunded.
Dated April 1, 1914. Interest payable April 1
and Oct. 1. ,
_ Authorized—$30,000,000.
Outstanding—$9,865,000.
Denomination—Coupon, $500 and $1,000, and
Beach equivalents. Registerable as to principal
only.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable on any interest date from April
1, 1919 to 1923 at 102 14 and interest, and there-
after at 105 and interest.
Sinking Fund—Annually, on February 1,
$75,000 from 1919 to 1924, $100,000 from 1925
to 1928 and $125,000 from 1929 to 1985, plus
interest on bonds held in sinking fund, to be
applied to the purchase of these bonds at not
exceeding 10214 and interest, prior to April 1,
1923 and 105 and interest thereafter. If not
80 purchasable bonds are to be drawn by lot.
ll bonds acquired are to be held alive in the
sinking fund.
Organization—Incorporated in Georgia in
1911. Leases the Georgia Ry. & El. Co., which
Robinson-
322
operates the street railways and gas and electric
plants in Atlanta, Ga., and vicinity.
Secured by a first mortgage on hydro-electric
plant at Tallulah’ Falls, and extensive water
rights, sub-stations and transmission lines, and
a second mortgage on several additional hydro-
electric plants in various parts of Georgia.
The present capacity of all plants is about 100,000
horse power.
Further secured by a first lien on lease of
Georgia Ry. & El. Co. and 65 year contract for
furnishing that company with power.
Prior Liens—$3,052,000 bonds of absorbed
companies.
Net Earnings, 12/31/13....... $2,749,576
TNterest:« ceiicccnsss cris, wees gin esses 2,106,272
Original Market—$6,860,000 offered in May,
1914, at 924% and interest by Drexel & Co.,
Philadelphia.
Market. ‘
New York—S. L. Snowden, Didrichsen & Co.
Philadelphia—S. K. Phillips, C. D. Barney &
Co., Oscar R. Dare, Graham & Co., Newhall,
Churchman & Co., Drexel & Co., Ervin & Co.,
Geo. N. Fleming, Wistar & Stokes, Harper &
pete R. Glendinning & Co., Elkins, Morris &
“Atlanta—Robinson-Humphrey-Wardlaw Co.
Chicago—Kennett, Cowan & Co.
anor SOUTHERN & FLORIDA RAIL-
AY CO. 1st 5s. Due July 1, 1945.—F.
an Map 124.
Dated Buly 1 , 1895. Interest payable Jan.
and July 1, at Trustee’s office, and at New York.
Authorized—$4, 000,000.
Outstanding—$3,838,000.
Denomination—Coupon, $1,000.
as to principal. -
Trustee—Mercantile Trust & Deposit Co.,
Baltimore.
Organization and Control—Successor through
reorganization in May, 1895, to Ga. So. & Fla.
. R. Co. Chartered in 1885. Controlled by
Southern Ry. Co. through stock ownership.
Secured by first mortgage on (8) 285 miles of
road from Macon, Ga., to Palatka, Fla., and a
second mortgage on (9) 106 miles from Valdosta,
Ga., to Grand Crossing, near Jacksonville, Fia.,
subject to a prior lien at the rate of $1,800 per
mile. These bonds are outstanding at the
rate of $9,900 per mile.
Underlies—$2,000,000 1st Cons. 4s, all of
which are owned by the Southern Ry. and de-
Posited under its Dev. & Gen. Mortgage 4s.
Registerable
Net Earnings, 6/30/13.......... $508,478
INGOT OSE: jiscsveseiencis gicae Risteigie cuete 303,310
THIS [SSC %. csc iecspere payers secayieiensienenee 223, °310
Legal for Cal.
Listed on the Baltimore and Richmond Stock
Exchanges.
Market.
Baltimore—Baker, Watts & Co., Sutton & Co.,
J. Harmanus Fisher & Son, Hplaon, Cook & Co.,
Townsend Scott & Son, Poe & Davies, Jenkins,
Whedbee & Poe, Mackubin, Goodrich & Co.,
Strother, Brogden & Co., Alex. Brown & Sons,
J. S. Nelson, Jr., & Co., Hambleton & Co.
New York—Coffin & ‘Co., Tiougles Fenwick &
Co., Wolff & Stanley, Wm. A . Ewen, Percy
H. Bradshaw, Hartshorne & Picabia, Didrichsen
& Co., McGeorge & Vanderhoef.
Atlanta—J. H. Hilsman & Co.
Hartford—Roy P. Crary.
GEORGI SOUTHERN & “& FLORIDA RAIL-
O. Equip. 414s, Series ‘“‘C.” Due
bes 00 each March and Sept. 15th to Mar.
15, 1920, inclusive.—F.
Dated March 16, 1910. Interest payable
Maret and Sept. 16, at Trustee’s office, New
ork.
Authorized—$500,000.
Redeemed—$250,000.
Outstanding—$250,000.
Denomination—Cou on, $1,000.
Trustee—Equitable Trust Co., New York.
Secured by first lien on 4 Pacific type passen-
r engines, 9 Consolidation freight engines, 2
witch engines, 205 steel underframe ventilated
box cars, 100 steel flat cars, costing $575,000, of
which $75,000 was paid in cash by the Railway
company.
Original rile peg offered by Potter,
Choate & Prentice, New York.
Market.
New York—Coggeshall & Hicks.
ener SOUTHERN & FLORIDA RAIL-
Y CO. Equip. 444s, Series ‘‘D.”” Due
sot, 000 each Feb. Ist and $22,000 each Aug.
1st to Aug. 1, 1917, inclusive; thereafter
$21,000 on each terest date to Aug. 1,
1922, inclusive.—
Dated “August 1, 1913.
and Aug. 1, at New York.
Authorized—$425, 000.
Outstanding “$318, son
Redeemed—$107,
Teneteaiae- cae, on, $1,000.
‘Trustee—Bankers’ Trust Co., New York.
Secured by first lien on 6 Consolidation type
locomotives, 4 switching locomotives, 5 steel
frame passenger coaches, 2 all steel combination
mail and baggage cars, 4 all steel baggage express
cars, 60 steel flat cars and 208 steel underframe
ventilated box ears, Sonung $504,150, of which
$79,150 was paid in eash by the railway company.
Original Market—Offered 1912, by Potter,
Choate & Prentice, New York.
Market.
New York—Potter, Choate & Prentice.
Baltimore—J. S. Wilson, Jr., & Co.
Interest payable Feb.
GEORG TERMINAL CO. Ist 5s. Due Jan.
Dated January 1, 1907. Interest payable
Jan, and July 1, at Old Colony Trust Co., Boston,
Mass. January, loon “re in default.
‘Authorized -$4,00 0,000.
Outstanding—$3,000,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston, Mass.
Guaranteed principal and interest by the
Atlanta, Birmingham & Atlantic R. R. Co.
Organization and Control—Chartered May 24,
1906, under Georgia laws as the Gate City Ter-
minal Co., name changed March, 1907. Con-
trolled by Atlanta, Birmingham & Atlantic R. R.
Co., through stock ownership, which has leased
the property for 99 years.
Secured by second mortgage on freight and
passenger depots with yards covering 200 acres
in Atlanta, Ga., and vicinity, and a three mile
terminal railroad from Howells Station to the
center of Atlanta. ~
Prior Liens—$3,700,000 5% Receivers’ Cer-
tificates due July 1, 1913, i in default.
Original Market—Offered in 1907 by H. W.
Poor & Co.
GETTYSBURG & HARRISBURG RAILWAY
CO. Cons. (now 1st) 5s. Due Oct. 1, 1926.
—F.
See Map 104,
Tax exempt in Pennsylvania.
Dated October 1, 1891. Interest payable
aaohi and Oct. 1, at Reading Terminal, Phila-
elphia.
Autmoriaed and Outstanding—$565,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia, Pa.
Control—Incor rome in Pennsylvania Aug.,
1890. Controllec Reading Co. through
ownership of practically the entire capital stock.
323
($553,000), which is deposited under its General
Mortgage.
Secured by a first montage on (8) 42 miles of
road, including line from Carlisle to Gettysburg,
Pa., with branch to Round Top 34 miles and from
Pine Grove Furnace to Hunter’s Run, Pa., 8
miles.
Net Earnings, 6/30/14.......... + $35,706
Interest iss ss tis ens 63 eareyes < sd awe 28,2
Listed on the Philadelphia Stock Exchange.
arket.
Pillédelghia- Cite A. Fearon & Co., Henry
& West, W. Clark & Co., Reed & Huntoon,
Reed A. Meren & Co., C. D. Barney & Co.
GILA VALLEY, GLOBE & NORTHERN RAIL-
WAY CO. Ist 5s. Due Nov. 1, 1924.—N.
See Map 118.
Dated Nov. 1,.1894. Interest payable May
and Nov. 1, at Southern 1 Perifc office, New York.
Authorized—$2, 000,
Outstanding—$1,. oon, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Trustee—Metropolitan Trust Co., New York.
Sinking Fund—Annually 1% of net earnings,
to be applied to the redemption of these bonds,
or to be otherwise invested.
Guaranteed principal and interest by the
Southern Pacifie Co. by endorsement. .
Control—Merged in 1910 with several other
roads into the Arizona Eastern R. R. Co., which
company is a consolidation of the lines in Ari-
zona controlled by the Southern Pacific Co. Its
entire stock is owned by the latter company.
Secured by a first mortgage on the (2) 125 miles
of road from Bowie to Globe, Ariz. These bonds
are outstanding at the rate of ‘$12,000 per mile.
Underlies—$7,000,000 Arizona Eastern R. R.
Co. ist Ref. 5s of 1950, which mortgage provides
for the retirement of the issue
Net Earnings, 12/31/13........ $1,099,590
Interest...... wseilepayere ate ta ayavia valley 673,419
THiS: ISSUG Hd: -5'siseus axed wsazeen ecicese
323,419
Legal for Mich., Minn. and N. H i
Listed on the New York Stock Exchange.
Original Market—Offered in 1899, by F. J.
Lisman & Co., New York, at 10334 and Patereat,
Market.
. New York—W. C. Langley & Co., F. J. Lisman
& Co., Foster & Adams, Wm. A. C. Ew en.
Philadelphia—Chas. Fearon & Co,
Hartford—Roy P. Crary.
GIRARD POINT STORAGE CO.
Due April 1, 1940.—
Tax exempt in Pennsylvania.
Dated April 1, 1890. Interest payable April
and Oct. 1, at Treasurer’s office, Philadelphia.
Authorized—$2, 500,000.
Outstanding—$2, 000, 000.
Denomination—Registered, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Sinking Fund—$20,000 per annum, to be
applied to purchase and cancellation of these
bonds at par. If not purchasable at this price,
the fund for that year reverts to the company.
Guaranteed principal and interest by the
Pennsylvania R. R. Co. by endorsement.
Organization and Control—Incorporated in
Pennsylvania in February 21, 1881. Controlled
by Pennsylvania R. R. Co., through ownership
of stock. .
Secured by. a first tiortgage on about 75 acres
of land at Girard Point, Pa., and on about 30
acres at Point Breese and on grain elevators
erected thereon.
Listed on the Philadel: hia Stock Exchange.
Marke
Philadelphia—Geo. N. Fieming, Robt. Glen-
dinning & Co., C. C. Harrison, Jr., & Co., Chas.
Pearon & Co., Barclay, Moore & Co., Sullivan
Bros. & Co..
New York—Didrichsen & Co.
Ist 3}4s.
GLENS FALLS GAS & ST Eeraee CO. Ist 5s.
Due Aug. L 1919.—F.
Dated Aug. 1, 1899. Interest payable Feb.
and Oct. 1, at New York Trust Co.
Authorized and outstanding—$250,000.
Denomination—Coupon, $500 and $1,000.
Trustee—New York Trust Co., New York.
Organization and Control—Incorporated in
New York, July 20, 1899, at a consolidation of
Glens Falls Gas Light Co. and Glens Falls
Electric Light & Power Co. All of_the stock is
owned by the Utica Gas & Electric Co.
Secured by a first mortgage on plants sup-
plying gas and electricity to Glens Falls, N. Y.
opulation served, 15,000. Franchises perpetual.
Net Earnings, 12/31/13 $30,099
Interest on bonds 12,500
AMCOTOSE icine dy ratpansceanshar yckepyera orci 41)
20,418
Original Market—Offered in 1899 by Mills &
Blanchard, Boston, at 103 and interest.
Market.
New York—Hotchkin & Co., Gilbert Eliott
ao Co., Fred. H. Hatch & Co., Gude, Winmill &
Boston—F, W. Mason & Co., H. C. Spiller
& Co., L. Sherman Adams.
Albany—John J. Hart.
GLOUCESTER, ESSEX. & BEVERLY Ist 5s.
Due Dec. 1, 1916.—N.
Dated Dec. 1, 1896. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$125,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—American Trust Co., Boston, Mass.
Assumed by Bay State Street Ry. Co.
Control—Absorbed by Bay State Street Ry.
Co., which is controlled by Massachusetts Elee-
tric. companies.
Secured by a first mortgage on 23 miles of
electric railway from Se to Gloucester,
Mass. Population served, 45,000.
‘ Undenlee 4465, 000 Boston & Northern St.
y-
arket.
New York—Curtis & Sanger, Harris, Forbes &
0.
Boston—N. W. Harris & Co., Blodget & Co.,
Perry, Coffin & Burr.
GORDON, IRONSIDE & FARES CO. LTD.,
1st S. F. 6s. Due July 1, 1927.
Dated July 1, 1912. Interest payable Jan. 1
and July 1, at Dominion Bank, Toronto.
Authorized—$2,000,000.
sa oe ae 220,000.
Retired—$30.
ie combate ee acoligin, $100, $500 and
$1,000. Registerable as to principal or fully
registerable. C. & R. interchangeable.
Trustee—Standard Trust Co., Winnipeg,
Canada.
Redeemable at 105 and interest on any interest
date on six weeks’ notice.
Sinking Fund—Annual payment beginning
July 1, 1918, used to purchase or redeem bonds
at 100 or invested in other securities.
Secured by a first mortgage on the company’
packing houses, etc., throughout Canada. Alsos
over 27,000 acres of ranch lands. Real estate
valued at about $2,700,000.
Net Earnings, 2/28/14.......... $847,649
Original Market—Offered in 1912, at par and
interest by Dominion See TAge Corp. ., Montreal.
Market
Toronto—A. E. Ames & Co., Goldman & Co.,
Dominion Securities Corp.
Montreal—Dominion Securities : Corp., Ltd.,
J. M. Robinson & Sons, Eastern Securities Co.,
Ltd., Canadian Industrial Bond Corp., F. B.
McCurdy & Co.
GOSHEN & DECKERTOWN RAILROAD CO.
1st ae on Due July 1, 1928.—N.
See Map
Dated Paty ee 1868. Extended July 1, 1888.
Interest payable Jan. and July 1, at National
Bank of Orange copays Goshen, N. Y.
Authorized—$240
Daetdge sian: 300 (Closed mortgage.)
Denomination—Coupon, $1,000 and $500.
Trustees—Ambrose S. Murray, Robert H.
Berdell and John Steward.
Control—Erie R. R. Co. under 45 year lease
from 1872, at a rental of $19,035 per annum.
Secured by a first mortgage on the (6) 12 miles
of road from Goshen to Pine Island, N. Y. These
pose are outstanding at the rate of $15,500 per
mile.
Underlies—$60,000 G. & D. R. R. 2d Extd.
6s of 1929.
Refunding—Erie R. R. Cons. Gen. Lien 4s of
196 provide for the retirement of this issue.
woke for Conn., Me., Mich., Minn., N. J. and
is
Market.
New York—Rauscher & Childress.
GOTTLIEB - BAUERNSCHMIDT - STRAUS
BREWING CO. ist 4s. Due Sept. 1, 1951.
Dated Sept. 1, 1901. Interest payable March
1 and Sept. 1, at Trustee’s office.
NOTE.—In 1914 the bondholders agreed to
accept bonds of this issue in payment of March
1, 1914, coupons, and 6% coupon funding bonds,
due 1934, in payment of coupons maturing to
September 1, 1919, as they mature. These
funding bonds are to be redeemable at par, and
the company agrees to pay at least $20,000.-per
annum from 1920 to 1926, and $25,000 there-
after, into a sinking fund to-be applied to the
purchase of funding bonds. "y
Authorized—$5,625,000. ak
Outstanding—$4,541,500.
Retired by Sinking Fund—$1, 083,500.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Mercantile Trust and Deposit Co.,
Baltimore, Md.
Sinking Fund—$25,000 semi-annually to be
accumulated and invested for redemption of these
bonds at maturity.
Organization—Incorporated in New Jersey,
August 5, 1901, as successor to the Maryland
Brewing Co., which was sold under foreclosure.
Secured by a first mortgage on all the property
of the company, and including a number of
breweries in Baltimore, Md. ;
Underlies—$3,500,000 second mortgage in-
come 5s due 1951.
Net Earnings, 2/28/13.......... $215,576
Listed on the Baltimore Stock Exchange.
arket.
Baltimore—Mackubin, Goodrich & Co., J. H
Fisher & Son, Jenkins, Whedbee & Poe.
GOUVERNEUR & OSWEGATCHIE RAIL-
ROAD CO. Ist 5s. Due June 1, 1942,—N.
See Map 82.
Dated ine a 1892. Interest payable June
and Dee. 1, at Grand Central Station, New York.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., New York.
Assumed by the New York Central & Hudson
River R. R. Co.
Guaranteed principal and interest by the New
ced Central & Hudson R. R. R. Co. by endorse-
ment.
Organization and Control—Organized under
New York Laws April 12,.1892. Merged with
New York Central R.: Co.
Secured by a first mortgage on (7) 18 miles of
road from Gouverneur to Edwards, N. Y. These
324
bonds: are outstanding at-the rate of $23,100 per
mile.
Underlies—$300,000,000 N. Y. C. & H. R.
R. R. Ref. 414s, Consolidation 4s and Debentures.
Legal for Fla., Me., Mich., Minn. and N. H.
Listed on the New York Stock Exchange.
Market.
New York—Remick, Hodges & Co..
Boston—R. L. Day & Co.
GRANBY CONSOLIDATED MINING, SMELT-
ING & POWER CO., LTD., Convertible 1st
6s, Series ‘‘A.” Due May 1, 1928.—F.
Dated May 1, 19138. Interest payable May
and November 1, at Title Guarantee & Trust
Co., New York.
‘Authorized—$5,000,000.
Outstanding—$1,497,200 Series ‘‘A.”
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
Trustee —Columbia Trust Co.
Redeemable on any interest date after May
1, 1923, at 105 and interest upon 90 days’ notice.
Convertible until May 1, 1923, into company’s
stock at par.
Sinking Fund—Annually before May 1st,
beginning 1914, 4% of all bonds previously issued
to be retired by purchase or redemption at not
over 110.
Secured by first lien on all the company’s real
properties and improvements thereon (except
town lots in Grand Forks, B. C., and water-power
site in State of Washington). Mortgage covers
property formerly of Hidden Creek Copper Co.,
in British Columbia.
Net Earnings, 6/30/14 $622,071*
Interest and discount... . 182,519
Dividends..................005 899,901
*Compares with $1,214,599 in 1912-18.
Listed on the New_York Stock Exchange.
Original Market—Underwritten by Speyer &
Co., New York, Jan., 1913, and offered to stock-
holders at par and interest.
Market.
New York—Seasongood & Haas.
GRAND FORKS GAS & ELECTRIC CO. Ref.
5s. Due July 1, 1925.—F.
‘Dated July 1, 1905. Interest payable Jan.
and July 1, at American Exchange National
Bank, New York.
Authorized—$400,000.
Outstanding—$311,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Equitable Guarantee & Trust Co.,
Wilmington, Del.
Redeemable on or after July 1, 1915, at 10044
and_ interest. : :
Sinking Fund—Commencing July 1, 1915, 3%
per annum of bonds outstanding must be retired,
beginning with No. 1. This must be done in at
least five of the last ten years of the life of the
issue, and in any of the other five years in which
permanent extensions to the property equal in
bil to 5% of bonds outstanding shall not be
made.
Control—Successor company, the Red River
Power Co. (Grand Forks, N. D.). Its entire
capital stock is owned by the Consumers’ Power
Co. of Minnesota, a subsidiary of the Northern
States Power Co.
Management—H. M. Byllesby & Co., Chicago.
Secured by a first mortgage on plants supplying
gas, electricity and steam heat in Grand Forks,
N. D., and vicinity. Franchises are perpetual.
Refunding—Consumers’ Power Co. 5% mort-
gage due 1929, reserves bonds for the retirement
of this issue.
Original Market—Offered in 1905 by Wells &
Dickey Co., Minneapolis.
Market.
New York—J. A. Clark & Co., R. B. Hatha-
way & Co., H. M. Byllesby & Co.
Chicago—H. M. Byllesby. & Co.
Minneapolis— Wells, Dickey & Co.
GRAND RAPIDS & INDIANA RAILROAD
oS 1st 44s and 314s. Due July 1, 1941.
See Map 95.
Dated Oct. 1, 1869. Extended the 3)4s
Oct. 1, 1899, and the 44s July 1, 1891. Interest
payable Jan. and July 1, at Winslow,: Lanier &
Co., New York.
Authorized—$8,000,000.
Outstanding—$4,455,000, 414s; $920,000, 314s
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Wnm. H. Barnes.
Guarantee—Under the extension agreement
of March 1, 1891, the Pennsylvania R. R. Co.
agreed, in case of default, to purchase the 4}4s
coupons and the bonds at maturity at par upon
60 days’ notice, such bonds and coupons to con-
tinue in full force and remain a debt secured by
such mortgage.
Organization and Control—Organized under
laws of Michigan and Indiana in 1854. Reor-
ganized in 1896 as G. R. & Ind. Ry. Co. Owns
practically the entire stock and income bonds
of the Traverse City R. R. and a one-third in-
terest in the Mackinac Transportation Co. ‘
Controlled through stock ownership by the
Pennsylvania Co.
Secured by first mortgage on (3) 332 miles of
road from Fort Wayne, Ind., to Bayview, Mich.
These bonds are outstanding at the rate of $16,200
per mile.
Underlies—$5,000,000 G. R. & I. Ry. 2d
Mortgage 4s of 1936.
Net Earnings, 12/31/13......... $818,774
Interest, etc. .............. -. 750,484
Legal for Cal., Me. and Mo.
Listed, 414s, on the New York Stock Exchange.
Market.
New York—Sutro Bros. & Co., F. J. Lisman.&
Co., Low, Dixon & Co., Coffin & Co., Bigelow
& Co.,L. M. Prince & Co., Bull & Eldredge,
Blodget & Co., Simon Borg & Co., Seasongood
& Haas, Peck, Rasmus & Truesdale.
Philadelphia—Henry & West, Edward V.
Kane & Co., Robt. Glendinning & Co.
Hartford—Roy P. Crary.
GRAND RAPIDS & INDIANA RAILWAY CO.
2d4s. Due Oct. 1, 1936.—F.
See Map 95. 7
Dated Aug. 1, 1896. Interest payable April
and Oct. 1, at Broad Street Station, Philadelphia.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Commonwealth Title, Insurance &
Trust Co., Philadelphia.
Organization and Control—See 1st 4/48 and
Ey
Guaranteed as to principal and interest by the
Pennsylvania Company by endorsement.
Secured by a first mortgage on (4) 62 miles of
road from Bay View to Harbor Springs and
Mackinaw City, Mich., and a second mortgage on
(3) 332 miles of road from Fort Wayne, Ind., to
Bay View, Mich., subject to a prior lien at the
rate of $16,200 per mile. These bonds are out-
standing at the rate of $12,700 per mile.
ion Liens—$5,375,000 1st 434s and 3)4s of
Earnings—See 1st 5s.
GRAND RAPIDS & NORTH WESTERN RAIL-
ROAD CO. Ist. 5s. Due Feb. 1, 1958.—F.
Dated Feb. 1, 1908. Interest payable Feb.
1 and Aug. 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
as to principal.
Registerable
825
Trustee—Girard Trust Company, Phila-
delphia.
‘ Organization—Incorporated in Michigan in
. Secured by a first mortgage on 18 miles of
railroad under construction and on_ valuable
terminals in Ludington, Mich., and Milwaukee,
Wis. The company propose to build a road
from Grand Rapids to Ludington, Mich., and
operate car ferries between that port, which is
the only one on the west coast of Michigan, open
all the year, and Milwaukee. .
Original Market—Offered in Feb., 1913, by
S. M. Earling & Co., Chicago, at 91.70 to yield
ei Market.
Philadelphia—Westling, Jenkin, Blish & Co.
Chicago—S. M. Earling & Co.
GRAND RAPIDS, BELDING & SAGINAW
RAILROAD CO. Ist 5s. Due March 1,
1924.—F.
See Map 100.
Dated March 1, 1899. Interest payable Mar.
and Sept. 1, at Trustee’s office, Boston. The
Pere Marquette R. R. Co. has been ordered by
the courts to default on its entire funded debt.
Authorized—$260,000 and $9,000 per mile
additional.
Outstanding—$260,000. . f
Denomination—Coupon, $1,000. Registerable
as to principal. a
eee Teenarional Trust Co., Boston,
ass. ,
Assumed by the Pere Marquette R. R. Co.
: Protective Committee—E. V. Thayer, Arthur
Adams, S. T. Crapo, F. R. Hart, Henry R. Hoyt,
Albert H. Wiggin, F. H. Ecker, H. F. Whitcomb,
and Oliver Prescott. Secretary, W. B. Donham,
17 Court St., Boston. Depositaries, Old Colony
Trust Co., Boston, and Central Trust Co. and
New York Trust Co., New York.
Secured by a first mortgage on (7) 29 miles of
road from Freeport to Belding, Mich. These
peas are outstanding at the rate of $9,000 per
mile.
Underlies—$39,000,000 P. M. Cons. 4s of
1951; Pere Marquette Refunding 4s of 1955,
which provides for the retirement of these
bonds, and the Impt. & Ref. Gen. Mtge.
Market. :
New York—Coffin & Co., F. J. Lisman & Co.
Boston—Geo. A. Fernald & Co.
GRAND RAPIDS EDISON CO. Ist 5s.
May 1, 1916.—F.
Dated May 1, 1902. Interest payable May
and Nov. 1, at Harris, Forbes & Co., New York.
Authorized—$800,000.
Outstanding—$734,000 (Closed).
Retired by S. F.—$103,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
’ sae Fund—$24,000 per annum from May
5 is
Control—The entire common stock and a
majority of the preferred stock is owned by the
Grand Rapids-Muskegon Power Co., whose
entire capital stock is owned by the Consumers’
Power Co., a subsidiary of the Commonwealth
Pow. Ry. & Lt. Co.
Secured by a first mortgage on plant supplying
electricity to Grand Rapids, Mich. Population,
000.
Prior Liens—$10,000 bonds.
Refunding—The Consumers’ Power Co. 1st
& Ref. mortgage provides for the retirement of
this issue.
Net Earnings, Consumers Pr.
Co., 12/31/14........ redid $2,843,477
Interest ic.325. costae wn kincne nos
462,940
Original Market—Offered in 1902 by Rudolph
Due
Registerable
826
Kleybolte & Co., Cincinnati and New York, at
101 and interest.
Market.
al
Chicago—Hulburd, Warren & Chandler, Wol-
lenberger & Co., A. L. Baker & Co., Hodenpyl,
Hardy & Co., Inc.
Boston—Walter S. Place, Perry, Coffin &
Burr, L. Sherman Adams, F. B. Bassett & Co.
Baltimore—J. S. Wilson, Jr., & Co. ‘
New York—Coffin & Co., Hodenpyl, Hardy
&.Co., Inc., R. B. Hathaway &' Co., Perry,
Coffin.& Burr. . a :
Philadelphia—E. B. Smith & Co., E. W. Clark
& Co., S. K. Phillips.
Grand Rapids—Howe,
Bertles.
Cincinnati—Rudolph, Kleybolte & Co.
Snow, Corrigan &
GRAND RAPIDS GAS LIGHT Ist 5s. Due
Aug. 1, 1939.
Tax exempt in Michigan. _
Dated Feb. 1, 1915. Interest payable Feb. 1
and Aug. 1, at Trustee’s office or office of com-
pany’s agent in New York City.
Authorized—$7,500,000.
Outstanding—$1,575,000. .
Denomination—Coupon, $100, $500 and $1,000,
Registerable as to principal only. R
we Trust Co., Grand Rapids,
ich.
. Redeemable on any interest date at 105 and
interest. .
Organization and Control—Incorporated in
Michigan in 1895. All of the stock is owned by
the American Light & Traction Co.
Secured by a first mortgage on plant supply-
ing gas to Grand Rapids, Mich. Population
served 115,000., Franchise expires in 1920.
Property assessed for taxation at $3,800,000.
Net Earnings, 9/30/14.......... $408,214.
Annual interest............-0.68 78,750 -
Original Market—$750,000 offered in Dec.,
1914 by Howe, Snow, Corrigan & Bertles and
Michigan Trust Co., Grand Rapids, Mich., at
par and interest.
GRAND RAPIDS, GRAND HAVEN & MUS-
RECON RAILWAY ist 5s. Due July 1,
bs 6—F. reas
Pennsylvania State Tax refunded.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office. _
Authorized—$1,500,000. ;
Outstanding—$1,500,000.
.Denomination—Coupon, $1,000.
as to principal.
‘Trustee—Guaranty Trust Co., New York. _
Organization and Control—Incorporated in
Michigan, in 1899, and does a passenger, freight,
express and mail business. In Jan., 1912, the
entire capital stock of the company was acquired
by the United Light & Rys. Co.
Secured by a first mortgage on 48 miles of
electric third-rail track, extending from Grand,
Rapids to Muskegon, with a branch to Spring
Lake and Grand Haven, all in Michigan and
built on private right of way, except in towns
where franchises expire in 1929. connects at
Grand Rapids with the Goodrich and Crosby
lines of steamers for Chicago and Milwaukee. .
Refunding—The United Light & Rys. Ist &
Ref. 5s of 1932 provide for the retirement of
this issue. :
Net Earnings, 12/31/14......... $182,181
Interest on bonds.....0.....0.5., 75,000
Original Market—Offered in 1901 by the Secu-
rity Investment Co., Pittsburgh, Pa., at 1024
and interest. $500,000 offered in March, 1915,
by E. H. Rollins & Sons, Boston, New York,
Philadelphia, etc., at 94 and interest.
Market.
Gardiner &
New York—Plympton, Co.,
R. B. Hathaway & Co., Perry, Coffin & Burr.
Registerable
GRAND RAPIDS, HOLLAND & LAKE MICH-
aN RAILWAY Ist 5s. Due Aug. 1,
Dated Aug. 1, 1900. Interest payable Feb.
and Aug. 1, at Cont’l & Com’l Tr. & Savings
eee Chicago, or Guaranty Trust Co., New
ork.
Authorized—$1,500,000.
Outstanding—$1,475,000.
Retired by Sinking Fund—$25,0
Denomination—Coupon, $500 ahd $1,000.
Registerable as to principal.
Trustee—Continental & Commercial ‘Trust &
Savings Bank.
Sinking Fund—$5,000 per annum for first
five years, $10,000 for next five, $15,000 for next
five years, and $25,000 for last five years. Bonds
retired are held alive.
Organization and Control—In December, 1901,
purchased the lines and franchises of the Holland
& Lake Michigan Ry. and the Saugatuck, Doug-
las & Lake Shore Ry. In 1904 reorganized as
the Grand Rapids, Holland & Chicago Ry: Co.
and above bonds assumed. Controlled through
stock ownership by’ the Commonwealth Power
Ry. & Light Co. -
Secured by a first mortgage on 76 miles of
electric railway track from Grand Rapids via
Holland to Macatawa and Saugatuck, all in
Michigan. Franchises in Holland and towns
expire in 1928 and 1930, balance of the road
built on private right of way. Connects at Hol-
land with steamers for palieeaulne
Net Earnings, 6/30/12
Interest on bonds.........,...
Original Market—Offered in 1908 by Warren,
Andrews & Co., at par end interest.
Market.
New York—Fred. H. Hatch & Co., R. B.
Hathaway & Co., Dewing & Co.,- Hodenpyl,
Hardy & Co., Ine.
Boston—H. C. Spiller & Co., Hotebkin & Co.,
Philadelphia—E. R. Barnard, S. K. Phillips,
Oscar R. Dare, Geo. N. Fleming.
Seer Hedenen: Hardy & Co., Ine.
GRAND RAPIDS-MUSKEGON POWER CO.
. F. 5s. Due March 1, 1931.—F.
Dated March 1, 1906. Interest aeeeble March
and Sept. 1, at First Trust & Savings Bank,
Chicago, and First pereral Bank, New York,.
. Authorized—$7,500,000.
Outstanding—$767, 000 (Closed mortgage).
Denomination—Coupon, $1,000. . Registerable
as to principal.
Trustee—First Trust & Savings Bank, Chicago.
Sinking Fund—Annually 2% on outstanding
bonds. Bonds to be purchased at a price not
exceeding a 4% basis, or otherwise to be invested
in other first mortgage bonds.
Organization—Incorporated in Michigan in
1904, Owns the entire common and a majority
of the fe ieres stock of the Grand Rapids
Edison :
Control—The entire capital stock is owned by
the Consumers’ Power Co. and deposited under
that company’s First & Refunding mortgage.
Secured by a first mortgage on hydro-electric
plant of 60,000 h.,p. on the Muskegon River
60 miles from Grand Rapids and also a first
collateral lien on the entire common and a
majority of the preferred stock of the Grand
Rapids Edison Co,
Refunding—The Consumers’ Power Co. First
& Refunding mortgage provides for the retirement
of this issue.
Original Market—Offered in 1906 by. Perry,
Coffin & Burr, Boston, Harris, Forbes & Co.,
New York, at 99 and interest.
Market.
New York—Harris, Forbes & Co., Hodenpyl,
Hardy & Co., Inc., R. B. Hathaway & Co., Ber-
dell Bros.
827
Boston—N., W. Harris & Co., Perry, Coffin &
Burr, L. Sherman Adams.
Chicago — Harris Trust & Savings Bank,
Hodenpyl, Hardy & Co., Inc.
ge Philadeiphia—Cassatt & Co., E. W. Clark &
Providence—Brown, Lisle & Marshall.
GRAND RAPIDS RAILWAY Ist 5s. Due
1, 1916.—F. June
Dated June i, 1900. Interest payable June
and Dec. 1, at New York Trust Co.
Authorized—$3,500,000.
Outstanding—$3, 023, 000.
Retired by Sinking Fund—$477,0
Denomination—Coupon, $1,000. Fegisterable
as to principal.
Trustee—New York Trust Co., New York.
Sinking Fund—Annually beginning Oct. 1,
1905, 1% of sens bonds from 1905 to 1909,
inclusive, and 2% annually thereafter, to be
applied to the purchase of these bonds at a price
to yield at least 4%; if not so obtainable, to be
used in buying other mortgage bonds.
Organization and Control—Incorporated ‘in
Michigan in 1900, as successor to the Consoli-
dated St. Ry. Co. The entire $2,000,000 common
stock is owned by the Commonwealth Power,
Ry. & Lt. Co. .
Secured by a first mortgage on the entire
street railway system of Grand Rapids, Mich.,
and vicinity, comprising about 67 miles of track.
Population eed over 130,000. Franchises
expire in 1920, 1921 and 1929.
Net Earnings, 12/31/14......... $456,982 -
Interesties oc ick ccs es eee aees 130,469
Listed on the New York and Columbus Stock
Exchanges.
Original Market—Offered in 1900 by N. W.
Harris & Co., New York, Boston and Chicago, at
103 and interest. -
arket.
New York—E. & e *fendolph, Harkpatries &
Lewis, Harris, Forbes & Co., Tobey & Kirk,
Hodenpyl, Hardy & Co., Inc., R. B. Hathaway &
Co., Dewing & Co., Perry, Coffin & Burr. |
Chicago—Harris Trust & Sav. Bank, Hulburd,
Warren & ,
Interest.:....... 6,451,522 6,458,506 ©
Improvement
‘und, etc.. 1,506,332 5,378,166
Dividends... '. 15,068,048 14,698,660
Miscellaneous... . 583,469 209,320
Surplus. ...... $8,311,572 $4,282,168
GREAT NORTHERN RAILWAY CO. Ist &
Ref. 44s. Due July 1, 1961.—F.
See Map 55.
Dated ay 1, 1911.
and July 1, at New York.
Authorized—$600,000,000.
Outstanding—$35,000,000.
Held in Treasury—$35,535,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
Trustee—Bankers Trust Co., New York.
Interest payable Jan.
830
Redeemable at 105 and interest after Jan.
1, 1941, upon 90 days’ notice.
Secured by (1) a direct or (2) a collateral first
mortgage on 2,638 miles of road from Fargo to
Surrey, N. D., Shelby Jet. to Great Falls and
Armington to Billings, Mont.; Everett to Blaine,
Wash., and numerous important branches, a
second mortgage on (3) 4,121 miles of road, ‘in-
cluding practically all of the main line of the
system from Minneapolis, St. Paul and Duluth,
Minn., to Everett, Wash.; W. Su erior, - Wis., to
Sioux City, Ia., and Yankton, S. D.; and numer-
ous branches, subject to prior liens at the aver-
age rate of $19,200 per mile, and a third mort-
gage on (4) 669 miles of road from Great Falls to
Butte, Mont., and branch to Neithart, and that
part of the main line from Pacific Jct., Mont.,
to the Montana-Idaho State line, subject to prior
liens at the rate of $43,500 per mile. This mort-
gage covers 7,430 miles of road, including all of
the lines of the system except from St. Paul to
Duluth, Minn. Bonds of this issue are out-
standing in the hands of the public at the rate of
$4,700 per mile.
Prior Liens—$108,500,000 bonds of absorbed
companies,
Legal for Balt., Cal., Conn., Me., Mass., Minn.,
N. Y., N. J., R. R. L., Vt. and Wis.
Listed on the New York Stock Exchange.
Original Market—Underwritten, $20,000,000,
in 1911, by First National Bank, National ‘City
Bank and J. P. Morgan & Co., New York, and
offered at 102 and interest.
Market.
New York—Struthers & Hiscoe, L. M. Prince
Co., J. S. Bache & Co., Harris, Forbes & Co.,
Freeman & Co., Crawford, Patton & Cannon,
Ambrose R. Clarke, Bull & Eldredge, Robinson
& Co., Potter, Choate & Prentice, A. E. Fitkin
& Co., Kean, Taylor & Co., Clark, Dodge & Co.,
R. L. Day & Co., Effingham, ‘Lawrence & Co.,
N. W. Halsey & Co., White, Weld & Co., Low,
Dixon & Co., Seasongood & Haas.;
Chicago—Harris Trust & Savings Bank.
Boston—N. W. Harris & Co., Hornblower &
Weeks.
Omaha—City Trust Co.
ae NORTHERN RAILWAY CO. OF
ADA Cons. 4s. Due Oct. 1, 1934.
Dated. April 1, 1905. Interest payable April
1 and Oct. 1, at Canadian Bank of Commerce,
New York and Toronto.
Authorized—$4, pc2, 000 and $20, 000 per mile.
Outstanding—$3,50:
Exchanged for eee Northern Quebec
¥¥s,780 Co 4% perpetual debenture stock—$1,-
a Tet omlantieh—Cominn, $100,.$500 and $1,000
Trustee—Central Trust Co., New York.
‘ Redeemable at par and interest any interest
date prior to April 1, 1915.
Guaranteed as to principal and interest by
endorsement by the Canadian Northern Ry: Co.
Organization and Control—Absorbed by the
Canadian Northern Quebec Ry. Co., which is
controlled by the same interests as the Canadian
Northern Ry. Co.
- Secured by a first mortgage on 208 miles of
road from Hawkesbury, Ont., to Riviere-a-
Pierre, Quebec, Montford to Huberdeau and
branches. This line forms part of what will
eventually be a line from the Atlantic Ocean to
the Pacific Ocean, of which a large part is already
completed.
ace aes ada 000 Can. Nor. Queb. Per-
petual Deb.
Net eae eis0/13 eieeredas en ad - $206,248
Interest .........-.6+- secsaceee 850,564
“This IGS6UG 3 6 3,5:8056 a adios 30 eared 140,230
Listed on the Toronto ‘Stock Exchange.
arket.
New York—Fred. H. Hatch & eee McGeorge
& Vanderhoef, Gude, Winmill & Co. Gilbert
331
Eliott & Co., BE. & C.
Henderson & Loeb, Gilman &
‘Co., Slattery & Co.
Boston—F. W. Mason & Co.
Montreal—Dominion Securities Corp., Ltd.
GREAT SOUTH BA BAY WATER CO. Ist and
Ref. 5s. Due Nov. 1, 1938.—F.
Dated Nov. 1, 1908. Interest payable May
and Nov. 1, at Trustee's office.
Authorized and Outstanding —$400, 000.
Denomination—Coupon, $500 and ‘$1, 000.
Registerable as to principal.
Trustee—Peoples’ Trust Co., Brooklyn, N. Y.
Organization and Control—Incorporated in
New York in 1889 and absorbed the Suffolk
County Water Co.
Secured by practically a first mortgage on
pine supplyin: ‘ water to Islip and Patchogue,
ng Island, + and vicinity. Population
served, 25,000. Has contract with village . of
Patchogue, running to 1928,
Market.
New York—J. K. Rice, Jr., & Co.
GREAT SOUTHERN LUMBER CO. of Buffalo,
N. Y. 1st 6s. Due $140 000 semi-annually
- to Oct. 1, 1918, inclusive.—F.
- Datéd April 1, 1908. Interest payable April
1 and Oct. 1, at Central Trust Co. of Illinois,
Chicago, or Fidelity Trust Co., Buffalo.
Authorized—$3,000,000. 7
Qutstanding—$1,120,000.
Cancelled—$1, 020, ie
Held in Treasury—$860, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Central’ Trust Co., of
Chicago.
Redeemable at 108 and interest any. interest
date on 60 days’ notice.
Sinking Fund—$3.00 per thousand feet of tim-
ber removed or turpentined.
. ee ee neared in Pennsylvania
in i
Secured by a first mortgage on about 233,000
acres of timber land owned in fee and contain-
ing over 1,900,000,000 feet of standing yellow
pine timber located in Louisiana, and on.manu-
facturing plant at Bogalusa, La., with a daily
capacity of about 700,000 feet of lumber.
Randolph, Newburger ,
lucas, Miller &
Illinois,
Net Earnings, 12/31/13........ $1,527,334
Interest..: 5. species ese 4 eee a 96,63
Dividends and depreciation..... 1,348,254
%
Original Market—First offered by C. L. Poole
& Co., Chicago, in 1908 at par and interest.
- Market.
New werk siecectee & Vanderhet, Robin-
son & Co., H. P. Taylor & Co.
Buffalo._toha T. Steele. :
Chicago—John Burnham & Co.
GREAT WESTERN POWER CO. Ist S. F.,5s.
Due July 1, 1946.—F.
Dated July 1, 1906. Interest
and July 1, at New York, Boston,
or London. °
Authorized—$25,000, 000.
Outstanding—$20, 855,000.
Pledged as collateral $733,000 (bearing no
interest).
Held in Treasury—$849, 000.
Denomination—Coupon, $1, Hes Registerable
as to principal. Registered,
Trustees—Bankers’ Trust is New York and
Alvin W. Krech.
4 Redeemable at 106 and interest on any interest
ate.
Sinking Fund—1% annually of outstanding
bonds, commencing July 1, 1916, for the pur-
chase or redemption of these bonds at not over
a ae interest. Bonds so. acquired to be can-
celle
Organization and . - Control—Incorporated in
ayable Jan.
an Francisco
California in 1906 and controls through stock
ownership the California Electric Generating
Co. and the City Electric Co. of San Francisco.
The entire $27,500,000 capital stock is owned
by the Western Power Co.
Secured by a first mortgage on a ‘hydro-elee-
tric plant 55,000 H.P. at Big Bend, Cal.,:169
miles northeast of Oakland; transmission lines
on steel towers to sub-station - in Oakland, Sac-
ramento, Brighton, Antioch and Cowell, Cal;
on valuable water rights and hydro-electric
plants now under construction; and addition-
ally secured by deposit-of entire "$5, 000,000 com-
mon stock of the California Electric Generating
Co., which owns a steam power plant at Oak-
land, which is leased to this company and against
which there is outstanding $1,141,000 bonds;
and also by deposit of the entire $5, 600,000 cap-
ital stock of the City Electric Co. of San Fran-
cisco, which owns a steam electric plant and gas
plant in San Francisco against which there is
outstanding $2,010,000 bonds. The bonds of
both companies are guaranteed by the Great
Western Power Co.
Net Earnings (W. P. Co.)
12/31/14 -- $2,015,177
; 1,206,075
Original Market—Offered
1909, by ‘E. H.
Rollins & Sons, Boston, ae, at 96 and vnterest.
arket.
New York—Guaranty Trust Co., E. & C.
Randolph, Gude, Winmill & Co., Coffin & Co.,
Hotchkin & Co., Penington, Colket & Co., A. D,
Converse & Co., J. H. Adams, & Co. Herzog &
Glazier, Byrne & McDonnell, Baupeber & Child-
ress, Eastman, Dillon & Co., E. H. Rollins &
Sons, E. F. Hutton & Co., Beverley ‘Bogert &
Co., Kirkpatrick & Lewis, "Lamarche & Coady,
Geo. H. Burr & Co., Berdell Bros., Ernest Smith,
John D. Curtis & o., Didrichsen & Co.
ora H. Rollins & Sons, Stanwood ,
gS Co.,.J. H. Howell & Co., E. F. Parr
0.
Boston-—E. H. Rollins & Sones urges, Lang
& Co., F. B. Bassett & Co., F. W. Mason & Co.,
Hotehkin & Co.
Philadelphia_-Elkins, Morris & Co., Chnd-
a Bros Go.; M, M. Freeman & Co., Ervin &
Co., S. K. Phillips, Ouear F R. Dare. :
San. Francisco—Wm. R. Staats oss Byrne &
McDonnell, Sutro & Co., E.-H. Rollins & Sons.
Los ~ Angeles—Torrance, Marshall. & Co.,
Blankenhorn & Rath.
St. Louis—Bowman, Cost & Co.
Buffalo—Arthur Batty.
GREEN BAY & eee RAILROAD co.
Income Deb. ‘‘A” and ‘ —N.
Dated Feb. 1, 1896. ieherest payable when
garned at company’s office, 40 Wall Street, New
ork,
Class “A” are entitled to 234% if earned, then
214% for $2,500,000 common stock, then ratably
up to 5%; when this amount is paid class “B”’
are entitled to all surplus earnings. Class ‘‘B’”
as received 14% in 1908, %% in 1909, 14% in
0, 44% in (911-1912, 1K% in 1913 and. 54%
in ea
gen remeing= =p eoe O00 “As; $7,000,000
‘Bs,
Denomination—Coupon, $1,000. Registerable
as to principal.
ay Rewletrar Barman Loan & Trust Co., New
ork.
Organization—The company owns 222 miles
of road, including line from Green Bay to Marsh-
land, Wis., 209 miles and branches.
Security—A direct obligation of the company,
but are-not secured by mortgage. There are no
fixed charges on the property except taxes.
Property can be mortgaged only with the consent
of 75% of the.stock
Net Earnings, Tait lei nts sce $211,169
Interest...... osstineas. @ crests seeeee. 82,500
Listed on the Ni pa York Broek Exchange.
arket.
New York—F. J. Tiers & Co., E, Bunge &
Co., J. H. Becker & Co., Wm. A. C. Ewen. :
GREEN BAY GAS & ELECTRIC CO. Ist & Ref.
5s. Due May 1, 1935.—F.
Dated May 1, 1905. Interest payable May
and Nov. 1, at ‘Trustee’s office. 4
Authorized—$750, 000. i
Outstanding—$ 168,000.
Cancelled by Sinking Fund—$54,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
ASmStee— MARCO Trust’ Co., Milwaukee,
Redeemable on any interest date, up to
Nov. 1, 1924, at 105 and interest; thereafter at
par and interest.
Sinking Fund—Began in 1910. It is reported
that this fund will retire $300,000 of these bonds
before maturity.
Control—Absorbed by the Wisconsin’ Pub.
Service Co., which is controlled by Wisconsin
Securities Co. wt
Secured by practically a_ first widhiaiee on
lants supplying gas and electricity to Green
ay, Wis., and vicinity, serving population of
85, dbo. ‘Electric franchise is perpetual; gas
franchise expires in 1945. The property of the
company includes a hydro-electric plant and a
65 mile transmission line. -
wa Lien—$34,000 Green Bay Lt. & Pr. 5s,
Underlies—$2,250,000 W. P. S. 5s, 1942.
Net Earnings, 12/31/13 . $172,612
Interest......... 5 143,857
This issue........ A 64,457
Original Market—Offered in 1905 by Mac-
Donald, MeCoy & Co., ‘Ghivage, at 101 and in-
terest.
Market. :
Chicago—Yard, Otis & Taylor, Wollenberger
& Co., Hulburd, Warren & Chandler, McCoy &
Co.
Milwaukee—Edgar, Ricker & Co., First Sav-
ings Bank & Trust Co., Wisconsin Trust Co.
New York—Bigelow & Co.
» Philadelphia—Geo. P. Bissell.
GREEN BAY (WIS.) WATER CO. Ist 6s. Due
$5,000 annually Sept. 1, 1916, to 1939, in-
clusive, and $280,000 on Sept.” 1, 1940.—.
Dated Bent 1, 1910. Interest payable March
1 and Sept. 1 ; at Trustee’s office.
‘Authorized-—$750, 000.
Outstanding—$400,000.
Denomination—Coupon,
Registered as to principal.
euler eens Trust Co.,
$500 and $1,000.
Milwaukee,
Redeemable at 102}4 and interest on and after
Sept. 1, 1916, on any interest date.
Secured by a first mortgage on plant supply-
ing water to Green Bay, Wis. Population served,
25,000; water supply is obtained from 10 artesian
wells. Operates under the Wisconsin ‘indeter-
minate franchise law.
Original Market—Offered in 1910, at 101 and
interest, by E. H. Rollins & Sons, Boston, ete.
Market. ~
Boston—E. H. Rollins & Sons.
Chicago—Stanwood, Taylor & Co.
GREENBRIER BAEWAY CoO. 1st 4s. Due
‘ov. —
See Map 19.
Dated Aaeeraset 1 , 1900. Interest sayable
Mey and Nov. 1, at J. P. Morgan & Coy New
ork.
Authorized—$3,000,000.
Outstanding—$1,821,000.
Retired by Sinking Fund—$179, 000,
332
Denomination—Coupon, $1,000. Registerabla
as to principal.
Trustee—Equitable Trust Co., New York.
Sinking Fund—One per cent. of bonds. out-
standing to be applied annually beginning Nov. 1,
1905, to the purchase of these bonds at not ex-
ceeding 105 and interest; if not so purchasable,
to be invested in apres securities.
Assumed by the Chesapeake & Ohio Ry. Co.
Secured by a first mortgage on (11) 101 miles of
road from Whitcomb to Winterburn, W. Va.
Bonds of this issue are outstanding at the rate of
$18,000 per mile.
Underlies—$36,000,000 C. & O. Gen. Fund. &
Impt. 5s and First Lien & Impt. 5s and $33,000,-
000 notes.
Legal for Cal. and Fla.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., Pouch & Co., Hart-
shorne & Battelle, J. H. Becker & Co., John W.
Christiansen.
Philadelphia—Henry & West.
GREENFIELD (MASS.) ELECTRIC LIGHT &
POWER Ist 5s. Due Oct. 1, 1923.—F.
Dated Oct. 1, 1903. Interest payable April
and Oct. 1, at First Nat.’1 Bank, Greenfield, Mass.
Authorized and Outstanding—$100,000.
Denomination—Coupon and registered, $500
and $1,000.
Trustee—Springfield Safe Deposit & Trust Co.,
Springfield, Mass. :
Organization—Incorporated in Massachusetts
in 1886. : os
Secured by a first mortgage on steam and
water power plants and distributing systems
supplying Greenfield, Northfield, Bernardston,
Colrain, Shelburne, Buckland and Dearfield,
Mass., with electricity. Population served over
20,000. Franchises perpetual.
Net Earnings, 12/31/14. «++ $88,069
Interest..... awe bine 14,331
: Market.
Boston—C. D. Parker & Co.
GREENHUT-SIEGEL-COOPER CO. S. F. 6s.
Due July 1, 1935.—F.
Tax exempt in New York State.
Dated December 1, 1910. Interest payable
Jan. and July 1, at New York.
Authorized and Outstanding —$6,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. .
Trustee—Central Trust Co., New York.
Redeemable at 110 and interest on any interest
date after Dec. 1, 1915.
Sinking Fund—Beginning Dec. 1, 1915, an
annual amount sufficient to retire 150 of these
bonds at not over 110 and interest.
Organization—The company was organized
in 1910, as a consolidation of Greenhut & Co., and
Siegal-Cooper Co. Name changed in 1914 to
J. B. Greenhut Co.
Secured by a mortgage on all the real estate
of the company and including a large department
store on Sixth Avenue between 18th and 19th
Streets and warehouse in New York City,
valued at over $9,000,000. oh :
Prior Liens—There are mortgage liens on this
property amounting to over $2,900,000.
Original Market—Offered in 1911 by Plympton,
Gardiner & Co., New York, at par and interest.
: ‘arket.
New York—Plympton, Gardiner & Co., Julius
Stern & Co., Wolff & Stanley, Miller & Co., R. F.
Westerfield, Gilbert Eliott & Co., R. B. Hatha-
way & Co.’ Sy :
Boston—L. Sherman Adams.
GREENVILLE CAROLINA POWER CO. Ist
5s. Due May 1, 1935.—F. .
Dated May 1, 1905. Interest payable May
1 and Nov. 1, at: Trustee’s office. :
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. ti
Trustee—Old Colony Trust Co., Boston.
, Organization—Incorporated in South Caro-
lina in 1905.
Secured by a first mortgage on a hydro-electric
peut on the Saluda River, near Greenville,
- Car. The company controls the Greenville
Gas and Electrie Light and Power Co., through
which it supplies electricity in Greenville, S. Car.,
and vicinity, serving a population of 10,000.
It also supplies power under a 30-year contract
to the Greenville Traction Co.
Market. z
Boston—Warner, Tucker & Co., C. D. Parker
O.,
New York—Berdell Bros.
GREENWICH & JOHNSONVILLE RAILWAY
CO. 1st 4s. Due Jan. 1, 1924.—N.
See re 44,
Dated January 1, 1904. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized—$500,000.
Outstanding —$400,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control —All of the stock is owned by Delaware
& Hudson Co.
Secured by a first mortgage on (6) 32 miles of
Toad from Schuylerville to Johnsonville, N. Y.
hee ponds are outstanding at the rate of $12,500
per mile.
Legal for Fla., Me., Mich., Minn., N. H., N.J.,
N. Y. and Wis.
GREENWICH TRAMWAY CO. Ist 5s. Due
July 1, 1931.—N.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$400,000.
Outstanding—$320,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Assumed by the New York, New Haven &
Hartford R. R. Co. 7
Control—Absorbed by Connecticut Company,
which operates the street railways in Connecticut
controlled by the New York, New Haven & Hart-
ford R. R. Co. In Nov. 1914, the $40,000,000
stock of this company was transferred to a board
of five trustees, in accordance with the jodgment
agreed upon by the N. Y., N. H. & H. R. R. Co.
and the United States Department of Justice.
Secured by a first mortgage on nine miles of
electric railway from East Portchester to Sound
Beach, Conn.
Net Earnings (Conn. Co.) 6/30/14 $2,578,533
Interest, rentals, ete...... aes ae de OENg
Original Market—Offered in 1902 by E, H.
Gay & Co., Boston, at 1114.
Market.
New Haven—Kimberly, Root. & Co., H. C.
Warren & Co. ‘
GROTON & SLONINGTO SY. RAILWAY
1st 5s. Due July 1 1924. :
Dated July 1, 1904. Interest..payable Jan.
and July.1. International Trust Co., Boston.
Authorized and O atstanding—}475,000. | :
Denomination—-Coupon, $1,000. =e si
Trustee—Treasurer of State of Connecticut, |
Redeemable at 120 and interest at any time.
Control—Entire $400,000 common stock is
owned by Norwich & Westerly Traction Co.
Secured by a first. mortgage.on. 24 miles of
track from Groton, Conn., to Westerly, R. I.,
and branches. Connects at Groton with ferry for
New ‘London, Conn. Population served, exclu-
sive of New London, 8,000; New London, 20,000.
Built on private right of way except in villages.
888
Net Earnings (Nor. & West. T
Co.) 6/30/14 :
Interest, taxes, rentals, ete..3......
or . Market.
New Haven—Kimberly, Root & Co.
(THE) GUANAJUATO POWER & ELECTRIC
CO. Ist 6s. Due Oct. 1, 1932.—F.
Dated Oct. 1, 1902.
$76,398
123,052
Interest payable April
and Oct. 1, at Trustee’s office or Bonbright & Co.,
London.
Authorized—$1,500,000.
Outstanding—$1,395,000:
Retired by Sinking Fund—$105,000.
Denomination—Coupon, $1,000. Registerable
as to principal. z
Trustee—United States Mortgage & Trust Co.,
New York. 2
Hedeenable at 105 and interest when drawn
y lot. wee Rr Ae . :
‘Sinking Fund—1% annually of bonds issued
from 1907 to 1916, 2% from 1917 to 1926 and
4% from 1927 to 1931. Payments to be applied
to the purchase or redemption of these bonds
at not over 105 and interest.
Organization—Incorporated in Colorado in
1902. _ Owns the entire capital stock of the Mich-
oachan Power Co. and guarantees its bonds
($2,000,000); also owns the entire common stock
of the Central Mexico Light & Power Co. , The
first mentioned company owns power properties
and is operated by the G. P. & E. Co. The latter
company owns and operates distribution systems
in a number of cities and towns. ‘ :
Secured by a first mortgage’on hydro-electric
plant of 75,00 H.P. and on transmission lines and
distributing systems extending from Octolau on
the West to Guanajuato, Leon and Celaya on the
east, 160 miles and from. Guanajuato to San Luis
Potosi, 88 miles located in the state of Micho-
oacan and state of Guanajuato. The company
supplies power to the mining districts as well as
to operating companies in municipalities in the
territory served. eS ”
Net Earnings, 12/31/13. . $510,142
Interest on bonds.... 191,361
Original Market—Fir: red by E--H: Rollins
& Sons‘ Boston, New York, ete., and Wm. Bon-
bright & Co., New York.
Market.
New York—Wm. P. Bonbright & Co., E. H.
Rollins & Sons, Slattery & Co. -
Boston—F. W. Mason & Co., L. Sherman
Adams, F. B. Bassett & Co.
GUILFORD-CHESTER WATER CO. Cons. 5s.
Due Jan. 1, 1939.
Dated Jan. 1, 1909. Interest payable Jan.
and July 1. -- fs z
Authorized—$500,000.
Outstanding—$401,000.
-Held in Treasury—$99,000.
Denomination—Coupon, $500.
as to principal.
Trustee—Union Trust Co., New Haven, Conn.
Organization—Incorporated in Connecticut
in 1908 as a consolidation of the Guilford Water
Co. and the Chester Water Co. x
Secured by a mortgage on plants supplying
water to Guilford and Chester, Conn. Popu-
lation served, 20,000. Franchises perpetual.
Prior Liens—$150,000 each of Guilford Water
Co.’s 5s, and Chester Water Co. 5s, for the re-
tirement of which provision is made in this
mortgage.
$28,446
Registerable
£
Net Earnings, 12/31/14...........
* Amberest isis oc seretenscera oaracvia ar a’ grengceiternrs 21,383
Market.
New Haven—H. C. Warren & Co., Kimberley,
Root & Co.
Gureee WATER CO. Ist 5s. Due July 1,
Dated “July 1, 1899. Interest payable Jan.
and July 1, at Union & New Haven Trust Co.,
New Haven. 5
Authorized and Outstanding—$150,000. .
Denomination—Coupon, 5
Trustee—Union Trust Co., New Haven, Conn.
Control—Absorbed by Guilford-Chester Water
0. : ’
Secured by a first mortgage on two reservoirs
and 31 miles of mains, supplying water to Guil-
ford, Conn. Population served; 3,500. Fran-
chise perpetual. .
@ Underlies—$401,000 Guilford-Chester Water
‘0. 58.
Earnings—See Guilford-Chester Water Co.
Cons. 5s, 1939.
Market.
New Haven—H. C. Warren & Co., Kimberly,
Root & Co., The Chas. W. Scranton Co..
GULF & SHIP ISLAND RAILROAD CO. Ist
Ref. & Terminal 5s. Due Feb. 1, 1952.—F,
See Map 130.
Dated Feb. 1, 1902. Interest payable Jan.
god Joly 1, at Metropolitan Trust Co., New
ork. ree oe ere
Authorized—$5,000,000.
Outstanding—$4,984,000.
Retired by Sinking Fund—$657,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered,. $1,000, $5,000.and
$10,000. C. & R. interchangeable. :
Trustee—New York Trust Co.; New York.
Redeemable at 110 and interest for sinking
fund. a Sage BUF 2
Sinking Fund—1% of outstanding bonds an-
nually for the purchase of bonds at not more
than 110 and interest; bonds purchased to be
cancelled, but interest continues thereon and is
added to sinking fund. —~ . eae
Organization—Incorporated..in Mississippi in
1882. The company has outstanding $7,000,000
stock on which dividends of 4% were paid from
1903 to 1911 and 2% thereafter. . :
Secured by practically a first mortgage on (2)
307 miles of road from Gulfport to Jackson,
Miss., and branches, and extensive terminals in
Gulfport, which are reported to have cost in
excess of $2,000,000. These bonds are out-
standing at the rate of $14,600 per mile.
Prior Liens—$16,000 Ist 5s of 1926.
Underlies—$600,000 Gen. & Refg. 6s. -
Net Earnings, 6/30/14........... $535,809
Interest, Cte... 2600 cis eecciees pass 347,403
Listed on the New York Stock Exchange. _
Original Market—Offered by Fisk & Robin-
son, New York, jin re at 10414 and interest.
a
rket.
New York—Miller & Co., Keech, Loew & Co.,
Robinson .&: Go., Wolff & Stanley, Folsom &
Adams, F. H. Hatch & Co., F. J. Lisman & Co.,
Coffin & Co., Gilman & Clucas, Pouch & Co.,
McGeorge & Vanderhoef, Rauscher & Childress,
R. B. Hathaway & Co., Hartshorne & Battelle,
Wood, Struthers & Co., Gude, Winmill & Co.
Portland Me.—Chester H. Pease.
Philadelphia—S. K. Phillips.
Scranton Pa.—Brooks & Co.
GULF & SHIP ISLAND RAILROAD CO. Gen.
& Ref. 6s. Due $200,000 annually on Apr.
1, to 1917, inclusive.—F.
“See Map 130. 4
Dated Feb.'1, 1911. Interest payable April
and Oct. 1, at Trustee’s office.
' Authorized—$1,000,000.
Outstanding—$400,000. .
Retired— $200,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Metropolitan Trust Co., New York.
Redeemable at 103 and interest on any in-
terest date on 90 days’ notice.
Organization, etc.—See 1st & Refg. 5s above.
Secured by practically a second mortgage on
334
(2) 307 miles of road covered by the 1st Ref. &
Terml. 5s, described above, subject to the lien
of those bonds at the rate of $16,200 per mile.
These bonds are outstanding at the rate of $1,500
per mile, “i
Prior Liens—$4,984,000 1st Ref. & Term. 5s
of 1952, and $16,000 bonds of 1926. ..
Original Market—Offered. in 1912 by Fisk &
Robinson and Miller & Co., New York,. at par
and interest.
Market.
New York—Robinson & Co., Miller & Co.,
F. H. Hatch & Co., E. & C. Randolph, Rauscher
& Childress.
Chicago—C. F. Childs & Co.
GULF, FLORIDA & ALABAMA RAILWAY
CO. 1st 5s. Due July 1, 1961.—F.
Bonds delivered free of personal tax to resi-
dents of New York State. ;
Dated July 1, 1911. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$10,000,000. _
Outstanding—$1,600,000. ~
Deposited as Collateral—$1,500,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal. ads
- Trustee—Columbia/ Trust Co., New York.
Redeemable at 105 and interest on any interest
date upon 30 days’ notice. Salad
Organization—Incorporated in Florida in 1911.
Secured by a first mortgage on 105 miles of
road from Pensacola, Fla., to Broughton, Ala.,
and branch at the rate of $30,000 per mile, 50
miles of road and terminal at Pensacola are under
construction.
Net Earnings, 6/30/14............ $77,418
AM GGTESGis oie g ccincea tee aeowre ed Oe See» 76,905
‘Original Market—$1,000,000 offered in 1911
by Megargel & Co., New York, at 85, witha
stock bonus of six shares of common and two
shares of preferred. $750,000 offered by the
same firm at 90 and interest with a bonus of two
shares of common stock...
Market.
New York—Megargel & Co.
Boston—C. F. Coombs & Co.
Baltimore—Jenkins, Whedbee & Poe.
Providence—Stranahan & Co.
GULF, FLORIDA & ALABAMA RAILWAY 6%
Notes. Due July 1, 1917.—N.
‘Dated July 1, 1914. Interest payable Jan. 1
and July 1, at office of Trustee in New York and
London.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $500 and $1,000.
£100 and £200.
Trustee—Guaranty Trust Co., New York.
Redeemable at 101 and interest on any interest
date.
Convertible into First Mortgage 5s of the
company on a basis of 100 and interest for
notes and 90 and interest for bonds. ;
Secured by a first lien on $2,250,000 Ist 53s
of the company, for description of which see
1st 5s above.
Offered in July, 1914, at 9714 and interest oy
Megargel & Co., New York, and Stranahan
Co., Providence, etc.
GULF TERMINAL CO. (MOBILE) 1st 4s.
Jan. 1, 1937.—F.
Dated Jan. 1, 1907.
and. Dec. 1.
Authorized—$700,000.
Outstanding—$600,000.
Denomination—Coupon and registered, $1,000.
C. & R.interchangeable. Coupon registerable as
to principal. .
Trustee—Franklin Trust Co., New York.
Guaranteed jointly and severally by endorse-
ment as to principal and interest by Southern
Ry. and Mobile & Ohio R. R
_Control—All of the stock is owned by the
guarantor companies, and the property is leased
to them.
Secured by a first mortgage on passenger
terminals covering over six acres and extending
through seven city blocks in Mobile, Ala.
Original Market—Offered in 1907 by Potter,
Choate & Prentice and Spencer Trask & Co.,
New York, at 94 and interest.
Market.
New York—Spencer Trask & Co., McGeorge
& Vanderhoef, Potter, Choate & Prentice.
Due
Interest payable June
GULFPORT & MISSISSIPPI COAST TRAC-
TION CO. Ist 6s. Due Sept. 30, 1935.—F.
Dated Sept. 30, 1905. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$692,000.
Held in Treasury—$308,000.
Denomination—Coupon, $1,000.
Trustee—Hibernia Bank & Trust Co., New
Orleans, La.
Redeemable at 105 and interest on Oct. 1 in
any year.
Organization—Incorporated in Mississippi in
1905 and purchased the property of the Biloxi
Electric Ry.'Co. and the Gulfport Develop. Co,
Secured by a first mortgage on 24. miles of
electric railway from Pass Christian through
Gulfport to Biloxi, Miss., and a second mortgage
on six miles of street railway in Biloxi. Popula-
tion served, 25,000.
Underlies—$692,000 2nd 6s.
Prior Liens—$161,400 Biloxi El.Ry.& Power 6s.
Net Earnings, 6/30/14...... - $92,968
«119,431
Interest..........-.+.
Listed on the Sinsinnst Seoek Exchange.
‘arket.
New Orleans—Hibernia Bank & Trust Co.
Chicago—Hulburd, Warren & Chandler.
335
ee WATER CO. Ist 4s. Due July
Dated July 1, 1902. Interest payable Jan.
and July 1, at Hoboken, N. J.
Authorized—$6, 000,000.
Outstanding—$4,750,000.
Held in Treasury—$1,250,000.
Denomination—Coupon, $1,000.
$1,000.
Trustee—Hudson Trust Co., Hoboken, N. J.
Redeemable at 105 and interest on or after
July 1, 1912, upon six months’ notice.
Secured by a first mortgage on all property,
now owned or hereafter acquired. The company
owns about 460 miles of mains and supplies water
to a large number of communities in Hudson
and Bergen counties, New Jersey. Population
served, 300,000.
Earnings—Dividends of 6% have been paid
continuously since 1889 on both the preferred
and common stocks. In 1910 20% extra was
paid on the common stock. Present amounts
outstanding, $875,000 preferred stock and
$3,625,000 common stock.
Listed on the New Co Stock Exchange.
Market.
New York—B. H.-& F. W. Pelzer, J. A. Clark
& Co., F. H. Hetch & oe, W.E.R. Smith & Co.,
Williamson & Squire, Douglas Fenwick & Co.
Bigelow & Co., Redmond & Co., Gude, Winmill
& Co., Starbuck, Van Sant & Legg, Kirkpatrick
& Lewis.
Boston—H. C. Spiller & Co.
Jersey City—Outwater & Wells,
Case.
Newark—J. S. Rippel.
Paterson—F,. A. Peters.
Registered,
Edwin R.
HAGERSTOWN & FREDERICK (ELECTRIC)
RY. 1st & Ref. 6s. Due April 1, 1944.—F.
Pennsylvania State Tax refunded.
Dated April 1, 1914. Interest payable April
1 and Oct. 1, in’ Baltimore.
ee aa
Outstanding—$850,000.
$1 gnominatlon—Coupon, $100, $500
Trustee—Fidelity Trust Co., Baltimore, Md.
Redeemable at 105% and ’ interest on any
interest date.
Sinking Fund—To Oct. 1, 1926, 1% of these
and prior bonds outstanding, to Oct. 1 1, 1934,
2% and thereafter 3% per annum, payable
semi-annually.
" Organization—Incorporated in Maryland in
and
Management—Sanderson & Porter, N. Y.
Secured by a first mortgage on street railways
in Frederick, Md. and vicinity, including 33
miles of road, and the plants formerly of the
Frederick & Hagerstown Power Co. and a
mortgage on 55 miles of railway in Hagerstown
and, vicinity, including part of the interurban
line between Frederick and Hagerstown, and on
plants supplying electricity to towns in the
territory served by the railway lines and plant
supplying gas to Frederick, Md. The railway
lines extend from Frederick to Hagerstown with
branches to Thurmont, Boonsboro and Jefferson,
Md. and Shady Grove, Pa. Population served,
55,000. Franchises are either perpetual or
extend at least 15 years beyond maturity of
bonds.
Prior Liens—$1,050,000 bonds of absorbed
companies.
Underlies—$1,225,000 eenjustinetie 5s, 1954.
Net Earnings, 6/30/13. err $128,797
Interest, etc...... 19,942
_ Original Market—$800,000 offered by the
Fidelity Trust Co. of Baltimore, Md., at 9834
and interest.
Marke
Baltimore—Jenkins, Whedbee & Poe, W. W.
Lanahan & Co.
New York—C. E. Mitchell & Co.
HAGERSTOWN LIGHT & HEAT CO. Ist 5s.
Due Aug. 1, 1962,—
Dated Aug. i, 1912. Interest payable Feb.
and Aug. 1, at Girard Trust Co., Philadelphia,
Authorized—$1, 000,000."
Outstanding—$250, 000. ;
Denomination—Coupon, $1,000.
Redeemable at 103 and interest on 30 days’
notice.
Organization and Control—Incorporated in
Maryland in 1901. All of the stock is owned
by the Northern Central Gas Co.
Secured by a first mortgage on
lant supply-
ing gas to Hagerstown, Md. Pop
ation served,
20,000. Franchises are reported as unlimited
as to time.
Net Earnings, 6/30/12. ......00-% $22,257
arket.
Philadelphia—E. R. Barnard.
HALIFAX ELECTRIC TRAMWAY CO. Ist 5s.
Due Jan. 1 1916.
Dated Oct. 1, 1895. Interest payable Jan.
and July 1, at Bank of Nova Scotia, Halifax, N.S.
‘Authorized and Outstanding—$600,000.
Denomination—Coupon and registered, $1,000.
Trustee—Eastern Trust Co., Halifax, N. S.
Redeemable at 105 and interest.
Organization—Incorporated under the laws of
Nova Scotia in 1895.
Secured by a first mortgage on entire street
railway system in Halifax, N. S., embracing 13
miles of track, and also on plants supplying gas
and electricity to that city. Franchises are per-
petual, and exclusive until 1916. The corEpADY
pays 4% of street railway earnings and 2% o!
AEEABE earnings and $1,000 per annum to “n
city
Listed on the Montreal Stock Exchange.
Net Earnings, 12/31/14 —........ $268,818
En Ger esti: gu-nse center svtcectetenes ihejiaces 30,000
Listed on the Montreal Stock Exchange.
Market.
Montreal—McCuaig Bros. & Co., St. Cyr,
Conthier & Frigon.
HAMBURG RAILWAY COMPANY Ist 4s.
Due Nov. 1, 1926.—F.
Dated Nov. 1, 1906. Tax exempt in New
York State. Interest payable May and Nov. 1,
at New York.
Authorized—$750,000.
Outstanding—$745,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—IEquitable Trust Co., New York.
Control—Absorbed by the Buffalo & Lake
Erie.Traction Co., now in hands of receiver.
Secured by a first mortgage on 12 miles of
road, 17 miles of track, from Buffalo to Ham-
burg, and including street railway system in the
last named town.
Underlies—$7,066,000 Buffalo & Lake Erie
Traction Co. ist & Ref. 5s of 1936, a sufficient
amount of which bonds have been reserved to
retire this issue. Issue is now in default as to
interest.
Net Earnings 6/30/12.. wees $245,437
DN GOresb scirsccvisinlr sxusdustioiilacearemie -. 457,929 -
PE Dis MSS We i. sa93)sisaye's nyse slsarcrere ave 104,629
Original Market—Offered by Bertron, Griscom
& Jenks (now Bertron, Griscom & Co.), New
York, at 85 and interest. 2
Market.
New York—Bertron, Griscom & Co.
336
HAMILTON & LINDENWALD ‘ELECTRIC
TRANSEE CO. Ist 5s ext. to July 1, 1922.
Dated Dec. 1, 1901. Interest payable June
os Dee. 1, at Cleveland Trust Co., Cleveland,
io.
Authorized—$250,000.
Outstanding —$211,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Geer SHeveland Trust Co., Cleveland,
io.
Guaranteed as to interest by lease to Ohio
Elec. Ry. Co.
Control—Absorbed by Cin., Day. & Toledo
Trac. Co., which is leased to Ohio Elec. Ry. Co.
Secured by a first mortgage on nine miles of
electric railway in and around Hamilton, Ohio,
and to Lindenwald, forming a part of the through
line of the Ohio Electric Ry. Co. between Cin-
cinnati and Dayton, Toledo and other cities in
Ohio. Population served by these lines, 40,000.
Franchise expires in 1930.
Underlies—$2,700,000 Cin., Day. & Toledo
Trac. Co. 5s.
Listed on the Cincinnati Stock Exchange.
Market.
Cincinnati—W. E. Hutton & Co.
New York—W. E. Hutton & Co.
HAMILTON (ONT.) CATARACT POWER,
LIGHT & TRACTION CO. Ist & Ref. 5s.
Due April 1, 1943.—N.
Dated April 1, 1903. Interest payable April 1
and Oct. 1, at "Canadian Bank of Commerce,
Hamilton, Ont., and New York.
‘Authorized—$5, 000,000.
Outstanding—$2, 015,0 000.
Retired by Sinking PFund—$124,000.
Denomination—Coupon, $1,000. Registerable
as to prnicipal.
Trustee—National Trust Co., Toronto, Can.
Redeemable at 110 and interest on and after
April 1, 1923.
Sinking Fund is to be invested-to retire under-
lying bonds on not less than a 4% basis, other-
wise for purchase of bonds of this’ issue.
Organization and Control—Incorporated in
Ontario in 1908. A majority of the stock is
et by the Dominion Power & Transmission
0.
Secured by a mortgage on 65 miles of street
railway in and around Hamilton, Ont., and on
distribution system supplying electricity to the
same territory. Power is obtained from the
Dominion Power & Transmission Co. Popula-
tion served, 200,000.
Prior Liens—$1,524,000 bonds of absorbed
companies.
Refunding—Bonds are reserved under the
Dom. Pow. & Trans. Co.’s mortgage to retire this
issue.
Earnings—Dividends of 7% per annum are
being paid on $2, cae preferred stock.
ket.
Montreal—Nesbitt, Teampsicn’ & Co., Ltd.,
C. Hallet & Co., N. W. Harris & Co.
Toronto—A. E. Ames & Co.; Ltd., Murray,
Mather & Co.
New. York—Harris, Forbes & Co., S. L.
Snowden, Gude, Winmill & Co.
Chicago—Harris Trust & Say. Bane
Boston—W. L. Raymond & Co., N. W. Harris
& Co., Perry, Coffin & Burr.
HAMILTON (ONT.) ELECTRIC LIGHT &
CATARACT POWER CO. ist 5s. -Due
October 11, 1929.—F.
Dated October 1, 1899. Interest payable
ril 1 and October’ 1, at Bank of Commerce,
Hamilton and in Hew York.
Authorized—$1,250,000.
Outstanding—$955, 000 “(Closed moet enee)
Retired by Sinking Fund-—-$145,
Denomination—Coupon, $1,000.
Trustee—National Trust Co., ‘Ltd., Toronto.
Control—Absorbed by the Hamilton Cataract,
Power, Light & Traction Co., all of whose
stock is owned by the Dominion Power & Trans-
mission Co.
Secured by a first mortgage on plant distribu-
ting electricity in Hamilton, Ont., and vicinity.
Inderlies—$2,015,000 H. C., Pr., Lt. & Tr. Co.
1st & Ref’g. 5s. Bonds are reserved under that
mortgage to retire this issue.
Earnings—Dividends of 7% per annum are
being paid on $2,900,000 preferred stock of the
Hamilton Cat., Pr., Lt. & Trac. Co.
-. Market. ©
Toronto—A. E. Ames & Co.
Montreal—Nesbit, Thompson & Co., N. W.
Harris & Co.
New York—Harris, Forbes <, pees + Rauscher
& Childress, Gude, Winmil & C
Boston—N. W. Harris & Co., Hotcbkin & Co.
Chicago—Harris Tr. & Sav.
HAMPTON (N. H.) WATER WORKS CO. Ist
Mtge. 5s. Due July 1, 1944.
Dated July 1, 1944. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized and Outstanding—$100,000,
Denomination—Coupon, $1,000. Registerable
as to principal only.
Trustee—American Trust Co., Boston, Mass.
Redeemable for sinking fund on July 1, 1919,
or any interest date thereafter at 105 and interest.
Sinking or Improvement Fund—A sum equiva-
lent to 1% of bonds outstanding to be applied
to the purchase of bonds at not exceeding 105
and interest, or for improvements.
- Or geniastion—intorperayent in New Hampshire
in .
Secured by a first morteere on plants supply-
ing water in Hampton, North Hampton and
Rye, N. H. Population served, 3,200.
‘Original Market—Offered in July, 1914, by
Burgess, Lang & Co. at par and interest.
HARDIN-WYANDOT LIGHTING CO. ist 5s.
Due October 1, 1930.—F.
Dated October 1, 1910. Interest payable
April and October oa ae Trustee’s office.
Authorized—$500
Ontetanding- 9325, 000.
Denomination—Coupon, $1,000.
as to principal.
Peattes ene
Cleveland, Ohio.
Redeemable on April 1, 1915, or any interest
date thereafter at 105 and interest.
Sinking Fund—1% per annum of outstanding
bonds, from Jan. 1, 1916.
Secured by a first mortgage on plants supply-
ing electricity in Kenton, Dunkirk, Forest and
Upper Sandusky, Ohio. Population served,
13,000
Market.
New York—Livingston & Co.
HARLAN & HOLLINGSWORTH CORP. Deb.
6s. Due $90,000 annually, Jan. 1 to 1918,
inclusive.
Dated April 1, 1912. Interest payable Jan.
1 and July 1, at Commercial ‘Trust Co., Phila-
delphia, Pa.
. Authorized—$450,000..
Outstanding “$270,000.
Matured—$189.
Tengu lnailen Conran, $1,000.
Trustee—Commercial Trust Co., Philadelphia.
Redeemable at par and interest on any interest
date on 60 days’ notice.
Organization and Control—Incorporated in
Delaware. All of the stock is owned by the
Bethlehem Steel Corporation.
Security—These bonds are not secured by
a mortgage. The company covenants that it
Registerable
Savings & Trust Co.,
337,
will redeem this issue before placing any mort-
gage on the property of the Harlan & Hollings-
worth Corp. The company owns extensive ship-
yards and car building shops at Wilmington,
Delaware.
Net Earnings Beth. Steel Corp.
BD BUG os cciscccvistase acsnnanseaasse-s 3 $8,530,708
Interest esis c cern ertiea sai awn eae eae oe 6,651,488
Original Market—Offered in 1912, at par and
interest, by Elkins, Krumbhaar & Morris, (now
Elkins, Morris & Co.) Philadelphia, Pa.
Market.
Philadelphia—Elkins, Morris & Co.
HARLEIGH BROOKWOOD COAL CO. Ist 6s.
Due July 1, 1928.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1911. Interest payable January
1 and July 1.
Authorized—$1,500,000.
Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on July 1, 1915 or any interest
date thereafter at 105 and interest, or for the
sinking fund at 10244 and interest.
Sinking Fund—Twenty cents per ton of coal
mined and shipped, with a minimum sufficient to
pay interest and retire all bonds at maturity.
‘irst payment for retirement of bonds to be made
May 24, 1915, and to be'at least $50,000.
Guarantee—Maderia, Hill & Co. (Inc.)
guarantee payments to sinking fund as above.
Secured by a first mortgage on leasehold
estate and property in fee operated by the com-
pany in the anthracite coal district of Pennsyl-
vania. Approximately 11,000,000 tons of coal
are available.
Original Market—Offered in 1911 by Brown
Bros. & Co., Poiladapule, at par and interest.
: arket.
Philadelphia—C. D. Barney & Co., Brown
Bros. & Co. - :
HARRIMAN & NORTHEASTERN RAILROAD
1st 6s. Due Jan. 1, 1916.—N.
Dated Jan. 1, 1885. Interest payable Jan.
and July 1, at Central Trust Co., New York.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $100, $500
$1,000. “
Trustee—Central Trust Co., New York.
Redeemable at par and interest.
Control—Incorporated in Tennessee in 1895.
All of stock owned by Cincinnati, New Orleans
& Texas Pac. Ry. Co.
Secured by a first mortgage on 20 miles of
Registerable
and
railroad from Harriman Jct. to Petros, Tenn.
Net Earnings, 6/30/14 $26,115
TAGGRONE ae ae roan nee wane ea 18,000
Market. :
New York—Wnm. A. C. Ewen, F. J. Lisman
& Co., Coffin & Co.
HARRIS ABATTOIR CO. LTD. ist S. F. 6s.
Due February 1, 1928.
Dated February 1, 1913. Interest payable
February 1 and August 1, at Canadian Bank of
Commerce, Toronto, Montreal and Soredon.
Authorized—$1,750,000. -
Outstanding—$750,000.
Denomination—Coupon and Registered $100,
$500 and $1,000 and Sterling equivalents. C. &
R. interchangeable.
Trustee—National Trust Co., Ltd., Toronto.
Redeemable as a whole at 105 and interest on
February 1, 1916 or any interest date thereafter,
or for the Sinking Fund.
Sinking Fund—Annual payments sufficient
to retire entire issue at maturity. These funds
are to be applied to the purchase of bonds at not
exceeding 105 and interest, and if bonds are not
purchaseable they shall be called.
338
Organization—Incorporated in Ontario.
. Secured by a first mortgage on new. abattoir,
located in the Union Stock Yards of Toronto, on
old abattoir now used as.a public cold storage
warehouse, on 4,040 shares of stock of the Union
Stock Yards of Toronto and all other property of
the company. The company operated dis-
tributing branches in Toronto, Sudberry and
Hailebury, Ont., Montreal. and Quebec, Que.,
and Sydney and Glace Bay, Nova Scotia.
Earnings—Net earnings for 434 years have
averaged $158,783 per annum.
Market. .
Toronto—Dom. Sec. Corp. Ltd., A, E. Ames
Co. :
HARRISBURG (PA.) GAS CO. Ist 5s. Due
Feb. 1, 1928.—F. -
Tax exempt in Pennsylvania.
Dated Feb. 2, 1902. Interest payable Feb. 1,
and Aug. 1, at Harrisburg Trust Co.
Authorized—$1,750,000.
Outstanding—$1,515,000.
Denomination—Coupon, $1,000.
as to principal. ‘
Trustee—Harrisburg Trust Co., Harrisburg,
Registerable
a.
Organization and Control—Incorporated. in
Pennsylvania in 1903 as a consolidation of three
gas properties. Also leases the Dauphin Gas Co.
supplying Steelton and vicinity. The company.
is controlled through stock ownership on the
United Gas Improvement Co.
Secured by a first mortgage on plant supplying
gas to Harrisburg, Pa., and vicinity. Population
(1910) Harrisburg, 64,186. _
Original Market—Offered in 1912, by Ervin &
Co., Philadelphia, at joes and interest.
arket, ¢
Philadelphia—Chas. D. Barney & Co,, Reed
A. Morgan & Co., E. B. Smith & Co., Ervin & Co.,
Chandler Bros. & Co., Reed & Huntoon, Oscar R.
Dare, M. M. Freeman & Co., Geo. P. Bissell,
Elkins, Morris & Co., Henry & West, S. K.
Phillips, Graham & Co., Parrish & Co.
HARRISBURG (PA.) LIGHT & POWER CO.
lst & Ref. 5s. Due Aug. 1, 1952.—F.
Tax exempt in Pennsylvania. f
Dated Aug. 1, 1912. Interest payable Feb. 1,
and Aug. 1, at Trustee’s office. ,
Authorized—$10,000,000.
Outstanding—$1,985,000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 105 and interest on eight
weeks’ notice.
Organization and Control—Incorporated in
Pennsylvania in 1912. All of the stock is owned
by the Harrisburg Electric Service Co., which
is controlled through ownership of its entire
capital stock by the United Gas & Electric Co.
Secured by a mortgage on plants supplying
electricity without competition to Harrisburg,
Paxtang. Rutherford Heights, Penbrook,
Progress, Linglestown, Riverside, Lucknow,
Fort Hunter and Dauphin, Pa., and a portion of
Steelton, Pa., also steamheating plant in Harris-
burg. Population served 99,187. Franchises are
perpetual.
Prior Lien—$1,000,000 Harrisburg, Light,
Heat & Power Co. Ist 5s of 1924. (Closed
mortgage).
Net Earnings, 12/31/14 —...... $321,346
Interest: | psjequi nace sa te Sa essere 148,777
Original Market—Offered in 1912, at 95 and
interest, by Bertron, Griscom & Co., New York
and Philadelphia.
Market. "i
Philadelphia—Bertron, Griscom & Co., Wista!
& Stokes, Reilly, Brock & Co., Cassatt & Co.,
Robt. D. Ghriskey & Co., Martin & Co., Mont-
gomery, Clothier & Tyler,,Reed A, Morgan &
Co., Mellor & Petry, E. R. Barnard, Oscar R.
Dare, Harper & Turner, Henry & West, S. K.
Phillips, Frazier & Co., Reed & Huntoon, E. V.
Kane & Co., Wurts, Dulles & Co.’
Pittsburg—Gordon & Co.
New York—Bertron, Griscom & Co., Beyer &
Co., John D. Curtis & Co. :
New Haven—The W. T. Fields Co.
HARRISBURG LIGHT, HEAT & POWER
CO. Ist 5s. Due July 1, 1924.—F.
Tax srenint in Pennsylvania. ;
Dated July 1, 1899. Interest payable Jan.
and July 1, at Commonwealth Trust Co., Harris-
burg, Pa.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Commonwealth Trust Co., Harris-
burg, Pa. ; .
Secured by a first mortgage on plant supplying
electricity to Harrisburg, Pa. Population served,
about 85,000. Franchise perpetual.
Underlies—$1,985,000 H: Lt. & P.
Net Earnings, 12/31/14 $321,346
TNECRESE. sreuterege-ne. Swan a ay aubiene 148,777
Listed—Philadelphia Stock Exchange.
Market.
Philadelphia—Reed_A. Morgan & Co., Geo.
P. Bissell, Bertron, Griscom & Co. Oscar R.
Dare, Chandler Bros. & Co., Brown Bros. & Co.,
Robt. D. Ghriskey &-Co., Mellor & Petry, Wis-
tar & Stokes, E. R. Barnard, S. K. Phillips,
Graham & Co., Newhall, Churchman & Co.
New York—Bertron, Griscom & Co., Tobey &
Kirk, John D. Curtis & Co., Gude, Winmill & Co.
HARRISBURG, PORTSMOUTH, MT. JOY &
LANCASTER R. R. CO. Ist 4s. Due Jaly
1, 1943.—F. ae
See Map 98.
Tax exempt in Pennsylvania.
Dated July 1, 1853, and extended in 1883 and
1913. Interest payable Jan. 1 and July 1 at
Broad. Street Station, Philadelphia.
Authorized and Outstanding—$700,000.
Denomination—Registered, $500 and $1,000.
Trustee—Girard Trust Co., Philadelphia.
Guaranteed as to principal and interest under
terms of lease by Pennsylvania R. R.:Co.-
Organization and Control—Incorporated in
Pennsylvania in 1832. Leased in_ 1861 for 999
years to the Pennsylvania R. R. Co. at a rental
equivalent to interest, taxes, etc., and 7% on
the stock of the company. ; :
Secured by a first mortgage on (5) 53 miles of
road between Harrisburg and Dillerville and
Middletown and Columbia, Pa. From Harris-
burg to Dillerville the road forms part of the
main line of the Pennsylvania R. R. These
bonds are outstanding at the rate of $13,300
per mile. 7 eh
Original Market—Offered in Feb., 1914, by
E. B. Smith & Co., and Brown Bros..& Co. both
of Philadelphia and New York, at 994 and in-
terest. g ‘ .
HARRISON BROS. & CO. Ist 5s. Due May 1,
"192 :
r. 5s.
Tax exempt in Pennsylvania.
Dated April 12, 1899. Interest payable May
and Nov. 1, at Fidelity Trust Co., Philadelphia.
Authorized and Outstanding—$1,300,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia, Pa.
Sinking Fund—$12,500 annually from_ net.
earnings after payment of interest and 7% on
preferred stock. ;
Secured by a first mortgage on the paint manu-
facturing plant of the Company, located in
Philadelphia.
Net Earnings, 10/31/14 -..... $334,457
Interest........-0+5 +00: Lt aeee eae 65,000 .
Listed on the Philadelphia Stock Exchange.
Original Market—Offered in 1899 by Lee,
339
Higginson -& Co., Boston, Fidelity Ins., 8S. D. &
Trust Co., Philadelphia, Dick Bros. & Co.,
Philadelphia and New York, Dean & Shibley,
Providence, R. I. : os
Market.
Boston—H. C. Spiller & Co., L. Sherman
Adams, :
Philadelphia—Geo. N. Fleming, Mellor &
Petry, Robt. Glendinning & Co., Henry & West,
Frazier & Co., S. K. Phillips. Er
HARRISON-DODDRIDGE & COAL COKE
CO. 6% Notes. Due Aug. 1, 1915.—F.
Dated Aug. 1, 1912. Interest payable Feb.
and Aug. 1, at First National Bank, Pittsburgh.
Authorized and Outstanding—$3,000,000. . °
Denomination—Coupon, $1,000.
Trustee—Comimonwealth Tr. Co., Pittsburgh.
Redeemable on any interest date at 101 and
interest. 2
Guaranteed by J. V. Thompson (worth, ac-
cording to statenient made under oath, $15,-
000,000 above liabilities).
Secured by deposit of entire issue ($4,000,000)
of first mortgage bonds and controlling interest
in stock of the Company, and also by deposit
with First National Bank of $540,000 for pay-
ment of interest. These notes are in effect a
first mortgage on 32,000 acres of coal lands in
West Virginia. —
Original Market—Offered Aug., 1912, by First
National Bank, Pittsburgh, Pa.
HARTFORD CITY GAS CO. Ist. Mtge. 4s.
Due July'1, 1935.—F. _
Tax exempt in Connecticut.
Dated July 1, 1905. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$750,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered $1,000,
Trustee—Connecticut Trust & Safe Deposit
Co., Hartford, Conn.
' Organization—Incorporated
in 1848.
Secured by a first mortgage on plants supply-
ing gas in Hartford, Conn., and vicinity. Pop-
ulation served, 140,000.
Net Earnings, 12/31/13..,........ $264,478
Original Market—$250,000 offered in Aug.,
1914, at 9814 and interest by Merrill, Oldham &
Co., Boston, Mass.
in Connecticut
HARTFORD & NEW YORK TRANSPORTA-
TION CO. 1st.4}4s. Due May 1, 1934.—N.
-Dated May 1, 1904. Interest payable May
and Nov., at State Bank, Hartford, Conn.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
Controlled by New York, New Haven & Hart-
ford R. R. Co. through New England Navigation
Co. The N. Y., N. H. & H. R. R. Co. has
applied to the Interstate Commerce Commission
to be allowed to retain possession of certain of its
marine properties, which according to law, it
must sell in 1914. 4
Secured by a first mortgage on six steamboats,
seven towboats, 31 barges and terminals in
ae towns between New York and Hartford,
onn.
Net Earnings, 6/30/14 $185,123
Interest, rentals, ete ......... :
Original Market—Offered in 1904 by Francis
R. Cooley & Co., Hartford, at 10344 and interest.
Market.
New York—F. H. Hatch & Co.
HARTFORD & SPRINGFIELD STREET RAIL-
WAY. ist 5s. Due July 1, 1921.
Dated July 1, 1901. Interest eee Jan.
and July 1, at American Trust Co., Boston, Mass.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Treasurer of State of Connecticut.
_ Redeemable on any interest date at 105 and
interest. 7
Organization—Incorporated in Connecticut in
1895 as the Enfield & Longmeadow Electric Ry.
Co. and present name adopted in 1907. The
company has acquired the properties of the
East Windsor Street Ry. Co., Sommers & Enfield
Electric Ry. Co., Windsor Locks Traction Co.
and the Rockville Broad Brook & East Windsor
Street Ry. Co. .
Secured by a first on about 24 miles of Electric
Railway from Mass.-Conn. State Line to East
Windsor Hill, 16 miles and from Thompsonville
to Somers, 8 miles; a second mortgage on about
24 miles of railway viz: from Suffield to a connec-
tion with the Hartford St. Ry., 9 miles, and from
Warehouse Point to Rockville, 15 miles, all in
Connecticut. The company has trackage rights
into Hartford, Conn., and Springfield, Mass.
Population served, over 15,000. Franchises are
perpetual.
Prior Liens—$161,000 Windsor Locks Ist 5s
of 1924 and $200,000 Rockville Broad Brook
East Windsor Street Ry. lst 5s of 1926. =: --
Net Earnings, 6/30/14 $67,138
Interest and taxes scaesaeneg aie araie 61,544
Original Market—Offered in 1902 by Francis
R. Cooley, Hartford, Phelps & Co., Boston, at
108% and interest.
Market.
New Haven—H. C. Warren & Co.
New York—A. E. Fitkin & Co.
HARTFORD CITY GAS LIGHT CO. Ist Mtge.
‘4s. Due July 1, 1935.—F.
Dated July 1, 1905. Interest payable January
1 and July 1 at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$750,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Connecticut Trust & Safe Deposit
Co., Hartford, Conn.
. Control—71% of the common stock of Hart-
ford City Gas Light Co., is owned by United
Gas & Electric Co. of New Jersey, which in
turn is controlled by the United Gas & Electric
Corporation of Connecticut.
_ Secured by a first mortgage on all of the prop-
erty of company, which under perpetual fran-
chises distributes gas, without competition, in
the City of Hartford, West and East Hartford,
Wethersfield and to the Northern Connecticut
Light, Heat & Power Co., which in turn supplies
Windsor, Windsor Locks, Thompsonville and
Enfield, all of Connecticut—serving a population
of 148,000.
$274,281
24,840
Registerable
Net Earnings, 12/31/14.........
Fixed charges.............. Sie
Market.
New York—Bertron, Griscom & Co.
Hartford—F. R. Cooley, Conning & Co.
Boston—Merrill, Oldham & Co.
HARTFORD STREET RAILWAY CO. Ist 4s.
Due Sept. 1, 1930.—N.
Dated September 1, 1900. Interest payable
March and Sept. 1, at New York and Boston.
Authorized—$3,000,000.
Outstanding—$2,500,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. :
a Sonate yEreeeliter of the State of Connec-
icut.
Assumed by the New York, New Haven &
Hartford R. R. Co.
Control—Absorbed by the N. Y., N. H. & H.
R. R. Co. and property sold in 1910 to the
Connecticut Co., whose entire $40,000,000
stock, formerly owned by the N. Y., N. H. &
H. R. R. Co., has been transferred to a board of
five trustees and is to be sold by them, prior to
July 1, 1919, if possible, in accordance with the
agreement with the Department of Justice.
Secured by a first mortgage on 76 miles of
street railway, including the lines in Hartford,
Conn.,.and between Hartford, Wethersfield, New-
ington, West Hartford, Bloomfield, Windsor,
East Hartford ane pout Windsor, Conn. Popu-
lation served, 110, s
» Underlies—$165,000 Series ““M" Deb. 4s of
1930.
Net Earnings, Conn. Co.,
6/80/14 oo. cee eee teen $2,578,533
Tatlest apna) gia Fae etarlarts's eee ana daze 1,077,461
Dividends........-.--02000- 1,500,000
Legal for Conn. and Me.
Listed on the New York Stock Exchange.
Market. .. :
New York—Redmond & Co., Parkinson &
Burr, E. & C. Randolph.
Hartford—Richter & Co., Roy P. Crary, F. R.
Cooley, Conning & Co.
HARWOOD ELECTRIC CO. Ist S. F. 5s.
July 1, 1939.—F. a
Tax exempt in the State of Pennsylvania.
Dated July 1, 1909. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$793,000. (Closed mortgage)
Exchanged for Ist & Ref. 6s and Cancelled—
$207,000. :
a ak car eo ate $100, it $500 and
1,000. Registerable as to principal. os. 3”
Trustee—Girard Trust Co., Philadelphia...
Redeemable at 107% and interest on July 1,
1914, or on any interest date thereafter on 60
days’ notice. .. :
Sinking Fund—Annually on July 1 to 19181%
of outstanding bonds, 1919 to 1928, 144% and
1929 to maturity, 2%, Proceeds to be applied
to purchase of bonds at not exceeding 107%
and interest. If not purchasable. bonds are to
be called. Bonds so acquired are to be kept
alive, and interest added to sinking fund.
Improvement Fund—At least 10% of the an-
nual gross earnings of the electrical business for
improvements to plant. Also, one-half of the
dividends received from the Harwood Coal and
the Harwood Store Companies shall be used
either for improvement or additions for which
these bonds were not issuable or to retire bonds.
Control—Absorbed by company of same name,
which is controlled by the Lehigh Coal & Navi-
gation Co.
Secured by a first mortgage on plants supply-
ing electricity in Hazleton, Pa., and vicinity,
supplying 27 townships, in all but one of which
its franchises are perpetual. Population served,
300,000. Company owns extensive banks of
coal dust, which it utilizes for fuel. These bonds
are further secured by a first lien on the stocks of
a coal company, a general store, and two water
companies. “
Underlies—$2,900,000 1st & Refg. 6s.
Net Earnings, 12/31/13 ........ $252,676
EM CGTESE as cis: snag treet rane See uREaels 168,828
Original Market—Offered in 1910 by Redmond
Co., New York, and Warner, Tucker & Co.,
Boston, at 99 and interest.
Market.
Philadelphia—Townsend, Whelen & Co.,
Oscar R. Dare, Mellor & Petry, Reed A. Morgan
& Co., Henry & West, Reed & Huntoon, Robt.
Glendinning & Co., Frazier & Co., S. K. Phillips,
Goodall, Wester & Co.
New York—R. B. Hathaway & Co., Gude,
Winmill & Co., Coffin & Co., Redmond & Co.
Boston— Walter S: Place, F. B. Bassett & Co.,
Warner, Tucker & Co.
THE HARWOOD ELECTRIC CO. 1st & Ref.
S..F. 6s. Due March 1, 1942.—F, ..
Tax exempt in Pennsylvania. ya
Due
340
Dated March 1, 1912. Interest payable March
and Sept. 1, at Philadelphia.
Authorized—$10, 000,000.
Outstanding—$2,900,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 107 14 and interest.
Sinking Fund—Beginning March 1, 1916 and
annually thereafter, an amount:such that if equal
sums were paid annually, 50% of the bonds
would be retired by maturity. These payments
to be applied to the purchase of bonds at not
exceeding 10714 and interest. Bonds acquired
are to be cancelled.
Organization and Control—Incorporated in
Pennsylvania in 1912, and controlled by -owner-
ship of a majority of the common stock, by the
Lehigh Coal & Navigation Co.
Secured by a second mortgage on the property
described under the Ist 6s above. Further
secured by a first lien on a large majority of the
stocks of the six subsidiary lighting companies.
Prior Lien—$793,000 1st 5s.
Earnings—See 1st 5s above.
Listed on the Philadelphia. Stock Exchange;
Original Market—Offered in 1912 by Henry
& West and Mellor & Petry, (now Mellor, Petry
& Canby), Philadelphia, at 100 and interest. |
Market. .
Philadelphia—Henry & West, Reed A. Morgan
& Co., Osear R. Dare, Townsend, Whelen & Co.,
Robt. Glendinning, & Co., Geo. N. Fleming,
Brown Bros. & Co., Mellor & Petry, es D.
Ghriskey & ae Barclay, Moore & Co., K.
Ehallips, C. D. Barney & Co.; Goodall, "Waster
New York—Coffin & Co.
BASTIESBUES TRACTION CO. Ist 6s.
Jan. 1, 1928.—
Dated Jan. 1, 1908. Interest payable Jan. and
July 1, at Guaranty Trust Co., New York.:
Authorized—$300, ee
Outstanding—$270,0
Retired by Sinking Pund—$30,000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—$5,000 per annum, to purchase
bonds at not exceeding 105 and interest. Bonds
eannot be called.
Organization and Control—Incorporated in
Mississippi in o All of the stock owned by
Meridian St. & Rys. Co., a subsidiary of the
Cities Service Co.
-'*Management—The ‘Doherty Organization.
Secured by first mortgage on 7 miles of street
railway at Hattiesburg, Miss., and on gas and
electric ‘plants in that city. Population, 1910,
11,733; 1900, 4,175. Electric franchise expires
in 1926; gas and! street railway franchises in 1931.
Underlies—$130, 000 Gen. 6s.
Original Market—Offered in 1908 by G. W.
Walker & Co., New York, at.par and interest.
Market.
New 5 ge ma L. Daneety & Co.,, W. E.
Hutton & Co., J. K. Rice, Jr., & Co., J. W.
Christiansen, Kirkpatrick & Lewis.
HATTIESBURG TRACTION CO. Gen. Lien 63.
Due July 1, 1952.
Dated July 1, 1912. Interest payable January
“a July 1, at City Bank & Trust Co., Mobile
a.
Authorized—$2,500,000.
Outstanding—$201,000. 2
Denomination—Coupon and Registered
$1,000. Principal of coupon bonds is registerable.
Trustee—City Bank & Trust Co., Mobile, Ala.
Sinking Fund—1% per annum of outstanding
bonds from July 1, 1916 to be applied to purchase
of these bonds on additions to property.
Secured by 2 second mortgage on the property
described under the 1st.6s, which see above.
Registerable
Due
341
Prior Lien—$270, 000 Ist 63.
Market. .
New York—H. L. Doherty & Co.
Boston—H. C. Spiller & Co.
HAVANA ELECTRIC RAILWAY CO.
(now 1st) 5s. Due Feb. 1, 1952.—
Dated May 10, 1902.’ Interest payable Feb. 1
and Aug. 1, at company’s office, a York.
Authorized—$10,000,000. Be
Outstanding—$9,383, Bites Ups
Held in Treasury—$191,
Retired by Sinking Fund” $616,889
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
date on six months’ notice.
Sinking Fund—Beginning Jan. 1, 1906, and
annually thereafter, $48,000 for the first $7,500,-
000 issued, with a proportionate increase for any
new bonds issued, plus an amount equal to the
interest on bonds retired. Bonds redeemed are
to be cancelled.
- Organization and Control—Incorporated in
New Jersey in 1899 and in May 1913 merged into
Havana Electric Ry., Light & Power Co., a New
Jersey Corporation.
Secured by a first mortgage on the street rail-
ways system in and around Havana, Cuba, com-
prising about 60 miles of track. Population
served, 300,000. Franchise expires in 1958 and
permits of freight traffic over part of the lines.
_ Underlies—$2,000,000 Havana El. Ry., Lt.
& Pr. Co.
.. Listed on the New York, Montreal, London,
Amsterdam and Havana Stock Exchanges.
Net pene H. Ee Ry. L. & P.,
12/31/13 $8,584,577
UN GOL OSU. eo: secs se cto njusstenseswievaiate 879,664
Original Market—Offered in June, ae at 98
and interest by Edward Sweet & Co., New York,
Hanson Bros., Montreal, and Glyn, Mills, Currie
& Co., Ltd., London, Eng.
rket.
New York—Korn, Lehman & Co., E. Bunge &
Co., Redmond & eee Newborg & Co., J. K. Rice,
Jr., & Co., E.-& C. Randolph, Miller & Co.,
Slattery & Co., L. M. Prince & Co., Gilman &
Clueas, Hartshorne & Battelle, Didrichsen & Co.,
Keane, Zayas & Potts, Lawrence Turner & Co.
nae FORGED CO. 1st 5s.
Dated. Moe 27, 1902. Interest payable June
and Dee. 1, at Trustee's office.
Authorized—$10,000,000.
Outstanding—$7,500,000 {American Cigar Co.
is reported to own one-half of the issue.)
Denomination—Coupon, $1,000. Registered
$1,000 and multiples. Coupon registerable as to
principal. C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Control—A majority of the common stock is
owned by the American Cigar Co., formerly a
subsidiary of the American Tobacco Co.
Organization—Incorporated in New Jersey in
1902 as a consolidation.
Secured by pledge of the capital stocks of the
following companies: Henry Clay & Bock & Co.,
Ltd., Havana Cigar & Tobacco Factories, Ltd.,
Havana Commercial Co., and H. de Cabanas y
Cons.
Registerable
Due June 1,
Carbajal.
Net Earnings, 12/81/14 winnie 4 oe $694,980
Interest ....cs402 sgn ceeds cee eeews 375,000
Market.
~ New York—Tobey a Kirk, F. H. Hatch & Co.,
J. K. Rice, Jr., & Co., L. A. ‘Norton, Rauscher &
Childress, Leonard Snider & Co., McGeorge &
Vanderhoef, Gilbert Eliott & Co., Slattery: & Co.,
R. B. Hathaway & Co., Hendrickson & Co.
HAWKINSVILLE & FLORIDA SOUTHERN
RAILWAY Ist 5s. Due April 1, 1952.—F.
Dated April 1,.1902. Interest payable April
and Oct. 1, at Union Savings Bank & Trust Co.,
Cincinnati, Ohio.
Outstanding—$606,000.
Denomination—Coupon, $1, 000.
Trustee—Union Savings Bank & Trust Co.,
Cincinnati, oO.
. Guaranteed ($571, 000) principal. eae interest
by Georgia Southern %& Florida Ry. C
Control—All of the stock is omsied by the
Georgia Southern & Florida Ry. Co., which is
controlled by the Southern Ry. Co.
Secured by a first mortgage on 44 ‘miles of
road from Hawkinsville to Worth, Ga. These
bonds are outstanding at the rate of $14,000 per
mile, In 1913 the company acquired the prop-
erty of the Gulf Line Ry. Co., 52 miles, from Ash-
burn to Camilla, Ga., subject to $577,500 bonds.
Net Earnings, 6/30 /14 dias trade sagtt 533,122
Interest, taxes, ete... 6... eee 54,747
. Surplus ‘of G. 8. & F. Ry. available on account
of guarantee, $206,516. ;
‘Market.
New York—F. J. Lisman & Co., Coffin & Co.
Boston—Baker, Ayling & Co.
HECKER-JONES-JEWELL MILLING CO.
Deb. 6s. Due July 1, 1916.—F.
- Interest payable Jan. and July 1 at Metro-
politan Trust.Co., New York.
Authorized—$1,250,000.
- Outstanding—$660,000.
Retired—$590,000. —
- Control—aAll of the stock owned by Standard
Milling Co.
Security—A direct obligation of the company,
but not secured by a mortgage. For details see
1st 6s helow.
Market.
New York—Fred. H. Hatch & Co., Tobey &
Kirk, J. K. Rice, Jr., & Co., L. A. Norton,
Plympton, Gardiner & Co., Bigelow & Co.,
Didrichsen & Co., Leonard Snider & Co., Jones
& Lanman.
HECKER-JONES-JEWELL PEEINS co.
lst 6s. Due March 1, 1922.—
Dated March 1, 1892. ieee payable
March 1 and September 1, at Metropolitan Trust
Co., New York.
Authorized—$2,500,000.
Outstanding—$2, ae. 000, ($868,000 owned by
the Standard eee Co. e))
Retired—$184,000.
a Denomination —Coupon, $1,000.
as to principal.
‘Trustee—Metropolitan Trust Co., New York.
. Organization and Control—Incorporated ' in
New York in 1907. All of the stock is owned by
the Standard Milling Co.
‘Secured by a first mortgage on one mill on
Staten Island, N. Y. and one in New York City
proper, having a combined daily output of 10,-
000 barrels of flour.
Underlies—$910,000 debentures.
Net Earnings, (S. M. Co.) after
interest, 8/31/14........... $1,053,637
arket. .
New York—R. F. Westerfield, Tobey & Kirk,
J. K. Rice, Jr., & Co., Geo. S. Crap, F. H. Hatch
& Co., Gude, Winmill & Co., Newborg & Co.,
‘W.:D. Moore .& Co., Whittemore, Pell & Co.,
Didrichsen & Co., Jones & Lanman, Hendrick-
son & Co.
Philadelphia—Chandler Bros. & Co.
aL GAS & ELEC. CO. Ist 6s.
Dated ‘April 1, 1911. Interest payable April
1 and October 1, "at ‘Tease 8 office.
Authorized—$500,
Outstanding $360,000.
Denomination—Coupon, $1,000.
as to principal.
Registerable
Due April
Registerable
- Trustee—Fairmount Savings Trust Co., Phila-
‘delphia.
Redeemable on April 1, 1916, or any interest
date thereafter at 10234 ‘and interest.
Sinking Fund—1% per annum of bonds issued,
beginning April 1, 1917.
Secured by a first mortgage on plants supply-
ing gas and electricity in Helena, Ark. Popu-
lation served, 11,000. Franchises perpetual.
Net Earnings, 3/1/ B/12 es ieicivete ve ; ,
Interést:..2 cocks oe neeate see «ee. 18,117
Market.
Philadelphia—Newburger, Henderson & Loeb.
HELENA LIGHT & RAILWAY CO. Ist S. F.
5s. Due Sept. 1, 1925.—
Dated Sept. 30, 1905. Interest payable Mar.
and Sept. 1, at New York.
Authorized—$1, 500,000.
Outstanding—$1, 043, 000.
Retired by Sinking Fund—$117, 000.
Held in Treasury—$20,
Denomination—Coupon, OL 000.
as to principal.
Trustee—Columbia Trust Co.,' New York.
a Redeemable at 105 and interest on any interest
ate.
Sinking Fund—114% of outstanding bonds
annually from June 1, 1908, to June 1, 1918, and
214% annually thereafter, to be applied to the
purchase. or redemption of these bonds at not
over 105 and interest.
Incorporated: in Connecticut in 1905.
Secured by a first mortgage on the entire
street railway system, in Helena, Mont., and
on plants supplying electricity and gas in that
city. The company purchases its current.
i9sg served, 15,000. Franchise expires in
14... $100,367
52,127
~Net Earnings, 12/31/14.
Interest and sinking fund os
. Listed on the Amsterdam Stock Exchange.
Original: Market—Offered in 1905 by A. E.
Fitkin & Co., New York, at 9144
Market.
New oe ee & Vanderhoef, A. E.
Fitkin & Co., Coffin & Co., Wolff & Stanley,
G. W. Walker & Co., Newborg & Co., Stephen
L. Snowden, Rauscher. & Childress, Didriehsen
& Co:
Philadelphia—A. E. . Fitkin &.Co. .
New Haven—Clifford E. Smith.
. Boston—H. L. Nason & Co.,. Marshall & Co.,
A. E. Fitkin & Co. ’
Se CO. 1st 6s.
1, 1931
Dated Sept. 1, 1881. Interest payable Mar.
and Sept. 1, at Louisville & Nashville R. R. Com-
pany’s office, 71 Broadway, New York.
Authorized—$2, ean
Outstanding—$942,000.
Held in Sinking Fund—$1, 056,000.
Called for payment but not ‘presented— $2,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Redeemable for Sinking Fund at 105 and
terest.
. Sinking Fund—$8,000 in bonds or $8,400 cash
to be paid annually to Trustee, and applied first
to extraordinary repairs if any, then to redemp-
tion of bonds at 105 by lot. Bonds so redeemed
to be kept alive in Sinking Fund and if extraor-
dinary damage requires, to be reissued.
Guarantee—A yearly income of $200,000 from
traffic is guaranteed for 99 years from 1884, by
the L. & N. R. R. Co., the S. E. & St. Louis ee
Co., the Evansville & Terra Haute R. R. Co.
the Louisville, Evansville & St. Louis Ry. Co
and ‘the Peoria, Decatur & Evansville Ry. Co.
Control—Absorbed by the Louisville & Nash-
ville R. R. Co.
Secured by a first mortgage on 10 miles of
Registerable
Due Sept.
842
railrond and bridge across the Ohio River, from
Henderson, Ky., to pena le Ind. -
ce te :900,000 L. & N. Unified 4s of
Listed on the New ere Bre Exchange.
larket.
oo York—J.'H. Becker & Co., F. H. Hatch
& Co., Miller & Co., Gilman & Clucas, Peck,
Rasmus & eae
Louisville—J. W. D. S. Green, J. J. B.
Hilliard & Son.
HERCULES POWDER CO. 6%
Feb. 1, 1923.—
Subject to withdrawal without notice the
company offers nine shares of 7% Cumulative
Preferred Stock, in exchange for each bond.
Dated Jan. 2, 1913. Interest payable Feb.
and Aug. 1, if earned.
Authorized—$6,500,000.
Outstanding—$1,100,000.
Retired by Exchange for Preferred Stock—
$5,400,000.
Denomination—Coupon, a p00.
$100 and multiples up to $1,0
Trustee—Guaranty Trust Co. .» New York.
Redeemable on any Aug. 1, at 102 and interest.
Guaranteed as to interest by the E. I. Du Pont
de Nemours Powder Co.
This company, which was formed in -com-
pliance with the order of the United States
Cireuit Court, issued in connection with the
decree of the Supreme Court, ordering the so-
ealled ‘‘Powder Trust” to dissolve, is reported to
have assets valued at more than $13,000,000.
Net Earnings, after depreciation
$1,434,755
12/31/14
Interest on bonds.............
Original Market—Issued in sexehanies for E. I.
Du Pont de Nemours Powder Co., 4}4s, each
holder of one of those bonds being entitled to
$900 of these bonds and those of the Atlas
Powder Co., combined
Market
New York—Geo. H. i & Co., Josephthal,
Louchheim & Co., Tobey & Kirk, Bigelow & Co.,
Hallowell & Henry.
Wilmington—Laird & Co.
Philadelphia—Geo. P. Bissell, Chas. Fearon &
Co., Reed A. Morgan & Co., Montgomery,
Clothier & Tyler.
HEREFORD» NOS CO. Ist 4s.
i 0.
See Map 11.
Dated May 1, 1890. Interest payable May
and Nov. 1, at First National Bank and office-of
Maine Central R. R. Co., Portland, Me., Second
National Bank, Boston, and National Park
Bank, New Yor
Authorized anil Outstanding—$800,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees— William Farwell, S. N. Bond and
James McKinnon.
Guaranteed principal and interest by the Maine
Central R. R. Co. by endorsement.
Organization and Control—Incorporated in
Canada in 1887 and leased for 999 years to the
Maine Central R. R. Co., at a rental equivalent
to interest on bonds, 4% on stock and $500 for
organization expenses.
Secured by a first mortgage on (4) 53 miles of
road from International Boundary Line (Beecher
Falls) to Lime Ridge, Canada. This line forms
part of through route between Portland, Me. and
Montreal, Can. Bonds of this issue are out-
standing at the rate of $15,000 per mile.
Net Earnings, Me. Cent. R. R. Co.,
$2,965,475
1,108,926
508,488
oe for Me., Mich., N. H., N. J., N. Y., and
is.
Deb. Due
Registered,
Due May
343
- Market.
‘New Tork Spencer Trask & Co., Gude,
Winmill & Co. -
Portland—Chas. H. Gilman & Co.
a Boston—L. Sherman Adams, Burgess, Lang &
Oo.
HERKIMER COUNTY oe & POWER CoO.
Ist 5s. Due July 1, 1930.—F.
Dated July 1, 1900. Interest pa:
July 1, at New J ork Trust Co.,
Authorized—$400 000.
Dueetine $0000 \vioeed mortgage.)
Denomination—Coupon, $1,0
Trustee—New York Trust Co., New York.
Redeemable on any interest date at 110 and
interest.
~ Control—Absorbed by Utica Gas & Elec. Co.
Secured by a first mortgage on electric plants
supplying numerous cities and towns in the
vicinity of Utica, N. Y. aaa served,
50,000. Franchises are perpetua
Underlies—$2,500,000 Utica Gas & Elec. Co. 5s.
Net Earnings Utica G. & E. Co.
able Jan. and
ew York.
V2/ BL /Ne sont a tga ss RN $585,488
WNGer est ie Sccriece i veya e 8h CRE 276,763
FTRIB ISU Cs ooy5 fetes esl wice etre ac enecisn nse 151,763
Original Market—First offered by Bertron,
Griseom & Co., New York and Philadelphia.
Market.
Utica N. Y.—A. James Eckert.
Philadelphia—Geo. P. Bissell.
Boston—Perry, Coffin & Burr.
HESTONVILLE, MANTUA & FAIRMOUNT
PASSENGER RAILWAY Con. 3}4s and 5s.
Due May 1, 1924.—F.
Tax exempt in Pennsylvania.
Dated May 1, 1894. Interest_payable May
and Nov. 1, at Girard Trust Co., Philadelphia.
Authorized—$1, 250,000.
Outstanding—$199, 500 334s. $1,050,500 5s.
Denomination—Coupon, $500 and $1,000.
Trustee—Girard Trust Company, Phila., Pa.
Assumed by Union Traction Co.
Control—Leased to Union Traction Co., for
999 years from 1908, and operated. by Phila-
delphia Rapid Transit Co. Rental, principal
and interest of bonds and 6% on the $533,900
proterod and 4% on the 1,966,000 common stocks.
The Union Traction Go. owns 4,780 shares
($50) preferred and 35,294 shares ($50) common
stocks.
Secured by a first mortgage on 18 miles of
street railway in Philadelphia, including line on
Arch Street, one of the most important streets.
Franchise perpetual. —
Net Earner. ee R. T. Co.)
G/ BOLLE. ccs eoia sé Eve d beP dR $9,956,567
aces 7,484,635
nt
Listed on the Philadelphia Stock Exchange.
arket._
Philadelphia—Chas. Fearon & Co.
HOBOKEN FERRY CO. ist Cons. 5s. Due
May 1, 1946.—N.
Dated May 1, 1896. Interest payable May
and Nov. 1, at D. L. & W. office, 90 West St.,
New York City. :
Authorized 44, 500,000.
Outstanding—$4, 100, 000.
Denomination—Coupon, $1,000
Trustee— United States Mortgage & Trust Co.,
New York.
Redeemable on any interest date at 110 and
interest.
Control—Absorbed by New York & Hoboken
Ferry Co., which is controlled by Delaware,
Lackawanna & Western R. R. Co.
Secured by first lien on all of the property
of the former Hoboken’ Ferry .Co., including
leases of Christopher and Barclay Sts., ferries
and all wharfage at-142 to 147 West St., New
York, and property in Hoboken. :
Underlies—$3,300,000 New York & Hoboken
Ferry 5s.
Market. - ; sont
New York—B. H. & F. W. Pelzer, Joseph
Walker & Sons, Williamson & Squire, W. E. R.
Smith & Co., Peck, Rasmus & ‘Truesdale, Blod-
get & Co., L. A. Norton, Dick Bros. & Co.,
J. K. Rice, Jr., & Co., McGeorge & Vanderhoef,
Gude, Winmill & Co., Starbuck, Van Sant & Legg,
Philadelphia—Borden & Knoblauch.
Jersey City—Outwater & Wells.
Newark—J. S. Rippel. .
Paterson—F. A. Peters.
HOBOKEN LAND & IMPROVEMENT CO.
Ist 5s. Due Nov. 1, 1930.—F.
Dated Nov. 1, 1910. Interest payable May
and Nov. 1, at First National Bank, Hoboken,
N. J., or American Exchange National Bank,
New York.
‘Authorized—$2,000,000.
Outstanding—$821,000. .
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Hudson Triust Co., Hoboken, N. J
Redeemable at 105 and interest. -
Organization—Incorporated in New Jersey
in 1838.
Secured by a first mortgage on valuable wharf
prensty and apartment houses in Hoboken,
. J. Wharves are used, by Holland-American
and other important steamship lines. Also owns
valuable manufacturing sites-on which are built
important plants. Total assessed valuation,
$4,300,000. - c
Original Market—Issued in exchange for
maturing bonds, on a basis of par for this issue
and 102 for maturing issue.
Market. ; :
New York—B. H. & F. W. Pelzer, J. A. Clark
& Co., Clark, Dodge & Co., Williamson & Squire,
W. E..R. Smith & Co., Bigelow & Co., Wood,
Struthers & Co., Starbuck, Van Sant & Legg.
Newark—J. S. Rippel.. :
HOCKING COAL CO. (IOWA) Ist S. F. Guar.
6s. Due July 1, 1932.—F.
Dated July 1, 1912. Interest payable Jan.
and July 1, at Trustee's office.
Authorized—$600,000.
Outstanding—$180,v00.
Retired by Sinking Fund—$20,000.
Denomination—Coupon, $1,000. Registerable
as to principal. a
Trustee—Empire Trust Co., New York.
Redeemable at 105 and interest as a whole
or for Sinking Fund.
Sinking Fund—Semi-annually 214 cents per
ton, of coal mined and removed during past six
months. If bonds are issued in excess of $300,000
five cents per ton of coal removed, minimum
amount paid into sinking fund each year must
be sufficient to redeem $10,000° par value of
bonds, as long as any of the original $200,000
bonds are outstanding, and this amount is to be
increased proportionately with increase of out-
standing bonds.
_ Guaranteed as to principal, interest and_sink-
ing fund by the Minneapolis & St. Louis R. R.
0.
Control—All of the stock is owned by the
Minneapolis & St. Louis R. R. Co.
Secured by a first mortgage on 4,500 acres of
coal land, mine developments, dwellings, etc., in
Monroe County, Ia.
Original Market—$200,000 offered in 19183,
at par and interest by C. E. Mitchell & Co.,
New York.
Market.
New York—Bigelow & Co., Babcock, Rush-
ton & Co., C. E. Mitchell & Go.
Philadelphia—Mellor & Petry.
HOCKING VALLEY PRODUCTS CO. ‘lst 5a-
Due Jan. 1, 1961.—F. =: :
Dated Jan. 1, 1911.
and July 1, at Bankers’ Trust
Authorized—$2,000,000. 3
Outstanding—$1,578,400.
Retired by Sinking Fund—$257,900. /
Held in Treasury—$163,700.
Denomination—Coupon, $100, $500 and $1,000
-Trustee—Bankers’ Trust Co., New York. .
Redeemable at 105 and interest. . te ye
Sinking Fund—Five cents per ton of coal mined
15 cents per barrel of oil, and 25 cents per 1,000
bricks, plus a sum equal to any dividends paid
above 6%. vig we
‘Control—Leased to the Chartiers Oil Co., of
Pittsburgh. ‘
. Secured by a first mortgage on property of
company in Southern Ohio, consisting of 13,000
acres of land, 4 blast furnaces, 14 active coal
mines, and brick plant with output of 120,000
bricks per day. The company is a reorgani-
leet of the Columbus & Hocking Coal &
ron Co. ms
Interest payable Jan.
Co., New York,
Net Earnings, 12/31/13........... $198,593
Interest and Taxes «» 176,737
Sinking Fund............ waceses 62,693
Market. , 4 2
New York—J. K. Rice, Jr., & Co., B. H. & F.
W. Pelzer, Gude, Winmill & Co., Williamson &
Squire, Foster & Adams, Fred. H. Hatch &
Co., Tobey & Kirk, Geo. S. Crap, Chas. H. Jones
& Co., W. C. Langley & Co., H. N. Whitney -&
Sons, Whittemore, Pell & Co., Didrichsen & Co.,
Bigelow & Co. _- 2
Philadelphia—Barclay, Moore & Co.
HOCKING VALLEY RAILWAY CO. Ist Cons.
4s. Due July 1, 1999.—F. A
See Map 20. ee
Dated July 1,1899. Interest payable Jan.jand
July 1, at J. P. Morgan & Co., New York.
Authorized—$20,000,000. ois
Outstanding—$16,030,000.
Retired by Sinking Fund—$139,000.._
Denomination—Coupon, $1,000. Registerable
i ee Registered, $1,000, $5,000 and
000. ;
Trustee—Central Trust Co., New York.’ |
i See at 105 and interest for sinking
und.
Sinking Fund—Annually an amount equal to
two cents a ton on all coal mined on the property
of the Buckeye Coal & Ry. Co., a joint maker of
the mortgage securing these bonds, for the pur-
chase of bonds at not more than 105 and in-
terest. Bonds so purchased to be.cancelled. If
bonds are not purchasable, money shall revert
to Coal Co. :
Organization and Control—Incorporated in
Ohio in 1899. A substantial majority of the
stock is owned by the Chesapeake & Ohio Ry.
Oo. ‘
Secured by a mortgage executed jointly by
the Hocking Valley Ry. Co. and the Buckeye
Coal & Ry. Co.. as follows: First mortgage on
(6) 89 miles of road from Logan to Pomeroy, Ohio,
and branches, and from Wallbridge to Rock-
well, 214 miles, and a second mortgage on (7) 232
miles of road from Wallbridge, Ohio, to Athens,
Ohio, of which 47 miles are double-tracked, sub-
ject to prior liens at the rate of $16,500 per mile.
Further secured by a first mortgage on 10,000
acres of coal land in Hocking, Perry and Athens
Counties, Ohio, and a first lien on $2,900,000
stock and $300,000 bonds of various subsidiary
companies.
Prior Liens—$3,842,000 Col. & H. V. Ry.
1st 4s of 1948, and Col. & Tol. R. R. 1st 4s of
1955, which this mortgage provides to retire.
Net Earnings, 6/30/14......... $2,113,257*
Interest cure ncwors oe a ceag ee ¥ 1,157,617
*Compares with annual average for eight
years of $2,930,000
344
For a long period of years annual net earnings
have been practically equal to three times the
interest charges on the entire funded debt.
Legal for Balt., Me. and Mo.
Listed on the New York Stock Exchange.
Underwritten by J. P. Morgan & Co., New
York, in 1899,
Market.
New York—Coffin & Co., Guaranty Trust Co.,
Wm. Salomon & Co., Clark, Dodge & Co., White,
Weld & Co., L. M. Prince & Co., Hartshorne &
Battelle, Denny, Pomroy & Co., Robinson & Co.,
F. H. Hatch & Co., Seasongood & Haas.
Philadelphia—Cassatt & Co. f
HOCKING VALLEY RAILWAY CO. Equip. 48
Series “‘O” to ‘‘T.”” Due $48,000 each
Feb. 15 and Aug. 15 to Feb. 15, 1917.—F.
Dated February 15, 1907. Interest payable
Feb. and Aug. 15, at Trustee’s office, New York.
Authorized—$960,000.
Outstanding—$192,000.
Redeemed—$758,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Lincoln Trust Co., New York.
Secured by an equipment trust agreement on
1,000 steel gondola cars originally costing
$1,200,000, of which $240,000 was paid in cash
and material.
Original Market—Offered in 1907, by Wm.
Salomon & Co., New York, at price to yield
6%.
Market.
New York—Bull & Eldredge, Struthers &
Hiscoe, Coggeshall & Hicks.
HOCKING VALLEY RAILWAY CO. Equip. 4s
Series ‘‘C.” Due $37,000 each April 1st
-and October 1st to April 1, 1917.—F.
Dated April 1, 1907. interest payable April
and Oct. 1, at Merchants’ Loan & Trust Co.,
Chicago.
Authorized—$740,000.
Redeemed—$592,000.
Outstanding—$148,000.
Denomination—Coupon, $1,000.
as to principal. 3
Trustee—Pullman Company, Pullman, Ill.
Secured by an equipment trust agreement on
850 steel underframe box cars.
Market.
New York—Coggeshall & Hicks, Bull &
Eldredge, Struthers & Hiscoe.
HOCKING VALLEY RAILWAY CO. Equip. 4s.
Due $25,000 each Feb. Ist and Aug. Ist
to Aug. 1, 6917.—F.
Dated August 1, 1907. Interest payable
Feb. and Aug. 1, at Empire Trust Co., New York.
Authorized—$500,000.
Redeemed—$400,000.
Outstanding—$100,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Empire Trust Co., New York.
Secured by an equipment trust agreement on
00 gondola cars.
Market.
e
New York—Coggeshall & Hicks, Bull & Eld-
redge, Struthers & Hiscoe.
HOCKING VALLEY RAILWAY CO. Equip-
44s. Due $25,000 each Feb. 15th and Aug.
15th, to Feb. 15, 1918.—F.
Dated February 15, 1908. Interest payable
Feb. 15 and Aug. 15, at Guaranty Trust Co.,
New York. :
Authorized—$500,000.
Redeemed—$350,000.
~ Outstanding—$150,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Registerable
Registerable
Registerable
Secured by an omen trust agreement on
500 steel underframe drop bottom gondola cars,
costing $617,000, of which $117,000 w
cash and material.
Original Market—Offered in 1908, by Wm.
Salomon & Co., New York, at prices to yi-ld 6%.
Also offered in 1908, by the Ohio Trust & Savings
Bank, Toledo.
ae
Philadelphia—Graham & Co.
New York—Coggeshall & Hicks, Bull & Eld-
redge, Struthers & Hiscoe.
paid in.
HOCKING VALLEY RAILWAY CO. Equip. Tr...
2 Due $100,000 each August Ist to 1923.
—F, °
Dated August 1, 1918. Interest payable Feb.
1 and Aug. 1, at Company’s office, 71 Broadway,
N. Y. or The Commercial Trust Co., Phila.
Authorized—$1,000,000.
Outstanding—$900,000.
Redeemed—$100,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Commercial Trust Co., Philadelphia.
Secured by an equipment trust agreement on
eight locomotives and 1,000 steel coal cars, costing
$1,250,000, of which $250,000 was paid in cash.
Market.
New York—Seasongood & Haas, H. N. Whit-
ney & Sons, Knauth, Nachod & Kuhne, Freeman
Co., Bull & Eldredge, Newburger, Henderson
& Loeb, Struthers & Hiscoe.
Philadelphia—Geo. S. Fox & Sons, Elkins,
Morris & Co.
Registerable
HOCKING VALLEY RY. 5%
Nov. 1, 1915.—N.
Dated Nov. 2, 1914. Interest payable Mar.
and Nov. 1, at company’s office, 71 Broadway,
New York.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that it will make no new mortgage on
the property owned by it at the date of the exe-
eution of the indenture securing this issue, with-
out equally securing these notes with any bonds
issued under such new mortgage.
Original Market—Purchased by Kuhn, Loeb
& Co., and National City Bank, N. Y., and
offered to holders of maturing notes, those
making the exchange receiving $7.50 in cash
with respect to each note exchanged. ~
Market... ;
New York—Redmond & Co., Guaranty Trust
Co., Mann, Bill & Ware, Bull & Eldredge,
Salomon Bros. & Hutzler, Morgan & Bartlett,
Seasongood & Haas.
Boston—Edgerly & Crocker.
Notes. Due
HOLLIDAYSBURG, BEDFORD & CUMBER-
LAND RAILROAD Ist 4s. Due July 1,
1951.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1911. Interest
ary 1 and July 1 at Broad Street
delphia.
Authorized—$5,000,000
Outstanding—$1, 053,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. _
Trustee—Commercial Trust Co., Philadelphia.
Organization—Incorporated in Pennsylvania
in 1911, as a consolidation of two subsidiaries of
the Pennsylvania R. R. Co., and absorbed by
that company in 1914.
Secured by a first mortgage on 72 miles of
road, Brooks Creek to Pennsylvania-Maryland
state line and branches. These bonds are out-
standing at the rate of $14,600 per mile.
ayable Janu-
tation, Phila-
845
Market.
Philadelphia—Mellor '& Petry, W. H. New-
bold’s Son & Co., Graham & Co., Ervin & Co.
HOLLY MANUFACTURING CO. Ist 5s. Due
Jan. 1, 1922.—F, _—
Dated Jan. 1, 1902. Interest payable Jan. and
July 1, at Lawyers’ Title Insurance & Trust Co.,
New York.
Authorized—$700,000.
Outstanding—$620,200.
Denomination—Coupon, $100 and $1,000.
Sinking Fund—$60,000 annually to be paid to
retire these bonds, as provided in mortgage secur-
ing International Steam Pump Company’s
1st lien 5s. .
Guaranteed principal and interest by Inter-
national Steam Pump Co., now in hands of
receivers. |
Organization and Control—Incorporated in
New York. Practically entire capital stock
owned by International Steam Pump Co.
‘Secured by a. first mortgage on plant of the
company, located at Buffalo, N. Y., where
company is engaged in manufacture of engines
for water-works and other large plants. - :
Refunding—Stock of the International Steam
Pump Co.,:is set aside to retire these bonds.
Net Earnings (After depreciation)
Int. St. P., 9/30/13....... «+» $1,007,845
- Interest, etce........ sisnise'n ellie 792,217
, Market. ~.
New York—Chas. D. Barney & Co., J. K.
Rice, Jr., & Co., Tobey &, Kirk, F. H. Hatch
& Co., Foster & Adams, R. F. Westerfield, Harts-
horne & Battelle, E. & C. Randolph, Paterson &
Co., Chas. H. Jones & Co., Didrichsen. & Co.,
Jacobson & Friedman. :
Philadelphia—C. D. Barney & Co.
Buffalo—John T. Steele.
HOLTON POWER CO. Ist Ref. 6s.
$50,000 each Oct. 1, 1932-1951.—N.
Dated October 1, 1911. Interest payable
April and October 1, at office of Trustee.
Authorized—$1,000,000. ;
Outstanding—$300,000.
Held in Treasury—$200,000.
Denomination—Coupon, $1,000.
. Trustee—Southern Trust Co., Los Angeles,
Due
al.
Secured by a second mortgage on two hydro-
electric and one steam generating plant and
distributing systems supplying electricity to
Holtville, Imperial and other towns in California.
Population served, 6,000. The company has
perpetual rights, to operate in towns.
Prior Lien—$500,000 1st 6s.
Net Earnings, 12/31/14..... synidsta
Untere sti paces anes ae aise ats
' Market. ‘
New York—Byrne & McDonnell.
HOLYOKE & WESTFIELD RAILROAD Ist
$60,567
57,203
414s. Due April 1, 1951.
See Map 86.
Dated April 1, 1911. Interest payable April
bn Oct. 1, at Treasurer’s office, New Haven,
onn. ‘
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Springfield Safe Deposit & Trust Co.,
Springfield, Mass.
Guaranteed principal and interest by New
York, New Haven & Hartford R. R. Co.
Control—Leased in perpetuity to New York,
New Haven & Hartford R. R. Co. for 50% of
gross earnings.
Secured by a first mortgage on (5) 10 miles of
railroad between Holyoke, Mass., population
4910) 57,730, and Westfield, Mass., population
1910), 16,044. - ‘
Legal for Conn. and Mass.
Original Market—Offered in 1911 by Harris,
Forbes & Co., New York, N. W. Harris & Co.,
Boston, Harris Trust & Savings Bank, Chicago,
at 105 and interest.
HOLYOKE STREET RAILWAY 20-yr. 5% De-
bentures. Due 1920 and 1923.—N.
Interest payable April 1 and October 1, at
Holyoke National Bank, Holyoke, Mass.
Outstanding—$85,000, due October 1, 1920;
$265,000, due April 1,1923.
Denomination—1920—Coupon, $500 and
$1,000. i923—Coupon, $100, $500 and $1,000.
Organization—Incorporated in Massachusetts
in 1884.
Secured equally with $850,000 ist 5s of 1936,
on 69 miles of road, including street railways in
Holyoke, and interurban lines between that city
and Chicopee, South Hadley and other towns
in the vicinity. Population served, about
100,000. Franchises are perpetual.
Net Earnings, 6/30/14.......... $129,292
Interest and rentals............ 41,795
Legal for Massachusetts, -Maine and New
Hampshire.
Market.
New York—Coffin & Co.
HOLYOKE STREET RAILWAY lst 5s. Due
April 1, 1935.
Dated April'1, 1915. Interest payable April
1 and October 1, at Trustee’s office.
Authorized—$2,500,,000
Outstanding—$850,000
Denomination—Coupon $1,000.
as to principal only. :
; Teun tes—Springaeld Safe Deposit & Trust Co.,
Springfield, Mo. :
Redeemable on April 1, 1920, or thereafter,
at 107 and interest. '
' Organization, Security and Earnings—See 5%
Debs. above. ity
Original Market—Offered by Lee, Higginson
& Co., Boston, New York, ete., at 105 and
interest. . es
Registerable
HOME LONG DISTANCE TEL. CO. Ist 5s.
-Due Jan.2, 1932,
. Dated March 15, 1912. Interest payable Jan.
2 and July 2 at Anglo-California Trust Co., San,
Francisco and National City Bank, New York.
-Authorized and Outstanding—$7,080,000. «
Denomination—Coupon and registered, $1,000:
principal of penpan, Hands may be registered.
Trustee—Anglo-California Trust Co., San
Francisco. =o .
Guaranteed—Principal -and. interest by the
Pacific Telephoné & Telegraph Co.
Redeemable as a whole at 105 and interest on
any interest date. ,
Sinking Fund—Annually, beginning Dec. 31,
1916, the following amounts are to be applied
to the purchase of bonds at not exceeding: 105
and interest: 1916-18, $50,000; 1919, $75,000;
1920 and 1921, $100,000; 1922 and 1923, $126,-
000; and 1924 to 1931, $150,000. Bonds so
acquired are to be held alive and interest added
to siniking fund.
‘Control—Absorbed ‘by the Pacific Tel. & Tel.
Co., which is controlled through ownership of a
majority of the stock by the American Telephone
& Telegraph Co. '
Secured by a first mortgage on plants formerly
constituting the independent telephone system
in San Francisco; Berkeley and Oakland, which
were purchased by the Pacific T. & T. Co. in 1912,
Net Earnings, P. T. & T. Co.,
2/31) VAs sas 4 y galanin s eases $4,825,434
Interests ccacasaviakwedene ped 2,565,258
Original Market—Offered in 1914 by Harris,
Forbes & Co., New York,. N. W. Harris & Co.,
Boston, and Harris Trust & Savings Bank,
Chicago.
346
HOME TELEPHONE & TELEGRAPH CO.
(FT. WAYNE) Ist 6s. Due Jan. 1, 1937.
Dated Jan. 1, 1907. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$225, 000.
Outstanding—$215,000.
Retired by Sinking Fund—$10,500.
Trustee—Tri State Loan & Trust Co., Ft.
Wayne, Ind.
Redeemable on or after Jan. 1, 1917, at 102
and interest.
Sinking Fund—2% per annum of outstanding
bonds for first 10 years, 4% annually thereafter.
Secured by first mortgage on property of com-
pany which operates the independent telephone
system in Ft. Wayne, Ind., and other cities in
eastern Indiana. Population served, 70,000.
Franchise in Fort Wayne expires in 1987.
Earnings—Annual dividends of 6% on $810,000
preferred stock and 10% on $250,000 common
stock are being paid. 2% extra paid on common
stock in 1913 and 1914.
Market.
New York—F. J. Lisman & Co., Rauscher &
Childress.
HOME TELEPHONE & TELEGRAPH CO.
(LOS ANGELES) Ist 5s. Due Jan. 1, 1933.
Dated Dec. 31, 1902. Interest payable Jan.
and July 1, at National Bank of California, Los
Angeles, and National oe Bank, New York.
Authorized—$2,500,
Outstanding—$2, 080.0 00.
Retired by Sinking Fund—$420, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Retired by Sinking Fund—$269,000.
Trustee—Title Insurance & Trust Co., Los
Angeles, Cal.
Sinking Fund—2% per annum of outstanding
bonds to redeem bonds at a price not exceeding
105 and interest.
Organization—Incorporated in California in
1902 as successor to the Home Telephone Co.
In_ March, 1915, the City Council of Los
Angeles notified.this company and the Pacific
Tel. & Tel. Co. that the franchise of the Sunset
Tel. & Tel. Co., under which the Pacific Tel. &
Tel. Co. operates in Los Angeles, would not be
renewed when it expired in November, 1916,
and that after that date only one company
would be permitted to furnish telephone service
in that city after that date.
Secured by a first mortgage on property of the
company, which supplies independent telephone
service in and around Los Angeles. Population
served, 400,000. Aunt of ‘stations, 50,000.
Franchise expires in 1
Underlies—$2,189, O00" ist & Ref. 5s. Bonds
are reserved under that mortgage to retire this
igsue.
Net Earnings aster Deprecia-
tion, 12/31/14 ‘4 $1, "an? 625
Interest...
126,025
Original Market—Offered by the Merchants’
Trust Co., Los angeles) oa at 96 in July, 1906.
4 arket.
New York—E. F. Hutton & Co.
San Francisco—Wnm. R. Staats Co.,
Marshall & Co.
Los Angeles—Wm. R: Staats Co., Torrance,
Marshall & Co., J. J. Doran Co,
HOME TELEPHONE & TELEGRAPH CO.
(LOS ANGELES) ist & Ref. 5s. Due
July 1, 1945.—F.
Tax exempt in California. -
Dated Sept. 1, 1905. Interest payable Jan.
1 and July 1, at National Bank of California,
aoe Angeles, or at National City Bank, New
ork. :
Torrance,
347
Authorized—$5, pe is
Outstanding—$2, 131,000.
Retired by Sinking Fund—$369
Denomination—Coupon, $1, 000. Oe otis
as to principal.
Trustee—Title Insurance & Trust Co., Los
Angeles.
_ eae at 105 and interest on and after
uly 1
Sinking Fund—Annually on and after Oct. 1,
1907, 2% of outstanding bonds for purchase
between Oct. and Jan. 1, at not to exceed 105
and interest.
Secured by a second mortgage on property
described under 1st 5s above,
Prior Liens—$2,129,000 1st 5s of 1933.
Net Earnings after Deprecia-
tion, 12/31/14.............. $1,011,615
AD Vib erst assis cassis) sb. Biasd wei oe oe 280,025
Legal for secetens!
Original Market—Offered in 1912 at 8214 and
interest by Adams & Co., Los Angeles.
arket.
San Francisco—Wm. R. Staats Co., Torrance,
Marshall & Co.
Los Angeles—Torrance, Marshall & Ca.,
Wm. R. Staats Co.
ie x ew York—Byrne & McDonnell, E, F. Hutton
0.
HOME TELEPHONE & TELEGRAPH CO.
1, 1908. CAL., ist 5s. Due Oct.
1 -—N.
Dated 'Oct. 1, 1908. Interest payable April
and Oct. 1, at a yintonal Bank, New York.
Authorized—$500,
Ouinnadinetease. 000.
Denomination—Coupon, .$500 and $1,000.
Registerable as to principal.
Redeemable after Oct. 1, 1913, at 105 and
interest.
Secured by a first lien on independent tele-
phone system in Pasadena, Cal., serving about
35,000 persons.
‘Earnings—Dividends of 2% per annum are
being paid’ on $516,000 ee”
Mark
San Francisco—Wm. R. Staats & Co.
HOME TELEPHONE & TELEGRAPH CO.
(San DIEGO, CAL.) Ist 5s. Due Feb. 1,
Dated Feb. 1, 1905. Interest payable Feb.
and April 1, at Title Insurance & Trust Co.,
Los Angeles, Cal.
Authorized and: ‘Outstanding—$150, 000.
Trustee—Title Insurance & Trust Co., Los
Angeles, Cal
Redeemable..after Feb. 1, 1915, at 105 and
interest,
Secured by a first mortgage on independent
telephone ystem operating in San Diego, Cal.,
and vicinity. Fopulstion § gonyed, 40,000.
Mar
Los dnucies Wittig x. Staats & Co.
HONESDALE BRANCH RAILROAD Ist 44s.
Due July 1, i
See Map 50.
Tax exempt in Pennsylvania.
Dated July 1, 1867. “Extended from 1887, and
interest reduced from 7%. Interest payable
January 1 and July 1, at Fidelity Trust Co.,
Philadelphia.
Authorized—$250,000.
Outstanding—$204,000.
Ha ee ee $100, $250, $500 and
Trustees—John Torrey, L. H. Russell and
Col. F. Young.
Conirol—Merged into the Jefferson R. “ Co.,
all of whose stock is owned by the Erie R. R » Co,
which leases all of the property.
Secured by a first mortgage on (8) 8 miles ‘of
road from Hawley Jct. to Honesdale, Pa. These
Bards are outstanding at the rate of $25, 500 per
mile.
Underlies—$96,000 2nd 6s. Bonds - are. Te-
served under the Erie R. R. Consolidated mort-
gage to retire this issue.
HOOPESTON GAS & ELECTRIC CO. 1st 5s.
Due January 1, 1936.—F.
Dated January 1, 1906. Interest payable
January 1 and July 1, at Trustee’s office. .
Authorized—$200,000.
Outstanding—$199,000.
- Denomination—Coupon,
Registerable as to priate
Trustee—Continental &
Savings Bank, Chicago.
Secured by a first mortgage on plants supply-
ing gas and electricity in Hoopeston, Ill., and
electricity in Rossville, Ill. Franchise extends
to 1955. Population, Hoppeston, 5,500, Ross-
ville, 1,500.
Net Earnings, 12/31/14........ $21,428
INGOT SE x snevecccnissnsayeneyie cn nt donot ays 9,950
Original Market—First offered by Shoito D.
Rogers & Co., Milwaukee, Wis.
Market.
Chicago—E. T. Konsberg & Co.,°
Leonard & Co.
Milwaukee—Sholto D. Rogers & Co.
HOOSAC TUNNEL & WILMINGTON RAIL-
ROAD Ist 5s. Due Sept. 1, 1922.—N.
See Map 18.
Dated Sept. 1, 1892. Interest payable March
and Sept. 1, at Old Colony Trust Co., Boston,
ass.
Authorized—$250,000.
Outstanding—$232,000.
Denomination—Coupon and registered, $1,000.
Trustee—Old Colony Trust Co., Boston, Mass.
Organization—Incorporated in Massachusetts
in 1886.
Secured by a first mortgage on (9) 25 miles of
railroad from Hoosac Tunnel, Mass., to Wil-
mington, Vt. In 1912 the guage of this line
was changed from a narrow to standard gauge.
Bonds of this issue are outstanding at the rate of
$9,300 per mile.
Net Earnings, 6/30/13......... $30,600
‘Interest... 11,650
$500 and $1,000.
Commercial Trust &
M, ©,
Market.
Boston—F. W. Mason & Co.
New York—F. J. Lisman & Co.
HOOSAC VALLEY STREET RAILWAY 1st ‘5a.
Due July 1, 1917.—N.
Dated July 1, 1897. Interest payable Jan.
and July 1, at New England Trust Co., Boston.
Authorized and pe ee 000:
Denomination—Coupon, $1,0!
Trustee—New England Trust Co., Boston,
ass.
Control—Absorbed by Bentcshize eh Ry.,
which is controlled by the N. Y., N. H. & H. R. R.
Co., through ownership of practically all of the
stock. Under order of the court this stock is to
be disposed of prior to July 1, 1919, and in the
interim, has been transferred to five trustees.
Underlies—$300,000 Ref. 4s and Berkshire
St. Ry. issues, see Ref. 4s below.
HOOSAC VALLEY STREET RAILWAY Ref. 4s
Due Sept. 1, 1924.—N
Dated ae ie 1, 1904, Interest payable March
and Bene 1, at Berkshire Loan & Trust Co.,
Pittsfield, Mass.
Authorized—$400,000.
Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Berkshire Loan & Trust Co., Pitts-
field, Mass. —
Control—See 1st 53s of 1917 above.
Prior Liens—$100,000 Ist 5s.
Underlies—$200,000 Berkshire St. Ry. deben-
tures, guaranteed as to principal and interest by
the N. Y., N. H. & H.R. R. Co., and $2,040,000
ea a issues penne owned. by the N. Y.,
Net Earnings, Berkshire St. Ry. Co.
6/30/14 $132,238
Interest, rentals, ote. 204,745
arkei
ane” York—Blodget & Co., Harris, Forbes &
0.
HOPKINS & ALLEN ARMS CO. Ist 6s. Due
April 1, 1917. :
Dated April 1, 1907. Interest payable April
and Oct. 1, at office of Company, ee Conn.
Authorized and Outstanding—$200.
qencrminasiany —Councn, $100, $500 ana $1, 000
Trustee—Chas. R. Butts.
Redeemable on any interest date at 102% and
interest. .
Organization—Incorporated in 1868 in Con-
necticut.
Secured by a first mortgage on plant of the
company, located at Norwich, Conn., where it is
engaged in the manufacture of fire-arms.
Market.
New Haven—The W. T. Fields Co.
HOSTER-COLUMBUS ASSOCIATED BREW-
ERIES CO. tst 6s. Due Jan. 1, 1955.—F.
In hands of receiver. ‘
Dated Jan. 1, 1905. Interest payable Jan.
and July 1, at Citizens’ Savings & Trust Co.,
Cleveland, and at its agency in New York.
Interest due January 1, 1915, in default.
Authorized—$6,000,000.
Outstanding—$4,799,000.
Retired by Sinking Fand—$450,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, Ohio.
Redeemable as a whole or for the sinking
fund at 110 Ene interest.
Sinking Fund—Annually, Jan. 1,:,1906, to
1915, $50,000; 1916 to 1930, $75,000, and: 100,000:
thereafter. 1915 payment in ‘default.
Protective Committee—E. V. Hale, . w. S$.
Hayden, C. A. Otis and W. C. Willard. Deposi-
taries: Citizens Savings & Trust Co., Cleveland
oe Citizens Trust & Savings Bank, Columbus,
‘io.
Secured by a first mortgage on breweries of
the Company in and around Columbus, Ohio.
Net Earnings, 12/31/13......... $553,985
Interest and Sinking Fund....... 340,940
Listed on the Cleveland and Columbus Stock
Exchanges. a
et.
New York—J. H qeuket & Co., John D.
Curtis & Co.
Cleveland—Borton & Borton, W. S. Snyder &
0.
Columbus—Fred. W. Freeman.
HOUGHTON COUNTY ELECTRIC LIGHT
CO. 1st 5s. Due July 1, 1927.—
Dated July 1, 1902. Interest payable Jan.
and July 1, at "Boston Safe Deposit & Trust
Co., Boston.
Authorized—$1,000,000.
Outstanding—$652,000.
Held in Treasury—$119,000.
Owned by Company—$24,000.
Denomination—Coupon, $1,000.
Trustee—Boston Safe Deposit & Trust Co.,
Boston, Mass.
Redeemable as a whole on any interest date
at 10714 and interest.
Sinking Fund—An improvement fund of $7,500
per annum is provided.
Management—Stone & Webster, Boston.
Secured by a first mortgage on plants supplyi1
348
electricity in Houghton and Keweenaw Counties,
Michigan. These counties contain the most
important copper mines in the Lake regions,
Franchise perpetual, except in cities of Hough-
ton and Hancock, where they expire in 1930.
Population served, 76,000.
Net Earnings, 12/31/14 sical Be Rian te $138,817
Interest and Sinking Fund...... 41,460
Original Market—Offered in 1902 by H. W.
Poor & Co., New York, Pa par.
arket.
Boston—E. M. Farnsworth & Co., Stone &
Webster.
Philadelphia—E. B. Smith & Co.
HOUGHTON COUNTY GAS & COKE CO. Ist
5s. Due annually Feb. 1, to 1931.
Dated Feb. 1, 1906. Interest payabls Feb.
and Aug. 1, at "Metropolitan Trust & Savings
Bank, Chicago.
‘Authorized—$350,000.
Outstanding—$191,000. 2
Denomination—Coupon, $1,000. Registerable
as to principal.
Retired—18, 000. $4,000 are due on Feb. 1,
to 1919; $5,000, 1920 to 1924;
to 1929; $10,000 in 1930, and remainder in 1931.
Trustee—Metropolitan Trust & Savings Bank,
Chicago.
Secured by a first mortgage on plant and
mains supplying gas to Houghton, Hancock and
Ripley, Mich. These cities are situated in the
copper region of Michigan. Population served,
18,000. _ Franchises expire in 1934 and 1935,
Net Earnings, 3/31/12........... $19,200
Original Haeckel —onered in 1906 by Mac-
Donald, McCoy & Co., Chicago, at par and
interest.
Market.
Chicago—Yard, Otis & Taylor, McCoy & Coa.
HOUGHTON COUNTY STREET RAILWAY
Ist 5s. Due July 1, 1920.—!
Dated July 1, 1900. Interest payable Jan.
ane July 1, at Boston S., D. & T. Co., Boston,
ass.
Authorized—$750,000.
Outstanding—$349,000.
Retired by exchange for 1st Cons. 5s—
$401,000. These bonds are exchangeable for 1st
Cons. 5s at any tine.
Denomination—Coupon, $1, 000.
‘ie ae Ss. D. & Tr. Co., Boston,
Redeemable at 105 and interest.
‘‘Control—Absorbed by the Houghton County
Traction Co.
Management—Stone & Webster, Boston.
Secured by a first mortgage on 22 miles of
street and interurban railway in Houghton,
Hancock and Red Jacket, Mich., and connecting
those towns. Population served, 70,000. Large
part of line on private right-o' of-way. Franchises
in cities expire between 1929 and 1938.
Underlies—$754,000 Houghton County Trac.
Co. 1st Consol. 5s. Bonds are reserved under
that mortgage to retire this issue.
Net eainloges 42/81/14 ois oc $197,776
Interest.............. 67,063
This issue. 29,360
Market.
Boston—Stone & Webster, Percy G. Crocker.
New York—Estabrook & Co.
HOUGHTON COUNTY TRACTION CO. Ist
Cons. S. F. 5s. Due Jan. 1, 1937.—F.
Dated October 1, 1908. Interest payable
Jan. and July 1, at Boston.
Authorized—$1,600,000.
Outstanding —$754, On
Held in Treasury—$38 0
Retired by Sinking ee sae, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
$6,000, 1925
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest any time as a
whole, or for Sinking Fund.
Sinking Fund—14% annually of outstanding
bonds, payable March 1.
Organization—Incorporated in Michigan in
1908. Under the management and control of
Stone & Webster.
Secured by a first mortgage on seven miles of
track between Wolverine and Mohawk, and a
second mortgage on property described under
Houghton County Street Ry. 5s, see above.
Prior Lien—$349,000 Houghton Co. St. Ry. 5s.
Net Earnings, 12/31/14.......... $97,776
Interest and Sinking Fund...... ‘ 67,063
Original Market—Offered in 1909 by "Stone
& Webster, Boston, a aS ta interest.
fate meet & er Stone & Webster,
F. B. Bassett & Co.
Philadelphia—E. B. Smith & Co., Chas. T.
Brown & Co.
Salem (Mass.)—Wnm. S. Felton & Co.
New York—Estabrook & Co.
HOUSATONIC RAILROAD Cons. 5s.
Nov. 1, 1937.—N.
See Map 85.
Dated Nov. 1887.
Due
Interest payable May
and Nov. 1, at ene Loan & Trust Co., New
York.
Authorized—$3,000,000.
Outstanding—$2,839,000.
Denomination—Coupon, $1,000.
Trustee—Treasurer of ee of Connecticut.
Assumed by N. Y., N. H. & H. R. R. Co.
Control—Absorbed by N. Y., N. H. & H.
R. R. Co.
Secured by a first mortgage on (3) 90 miles of
railroad from Bridgeport, Conn., to Massachu-
setts State Line, with branch to Danbury. This
line forms part of the route between New York
and the Berkshire Hills region of Massachusetts.
Bonds of this ae are outstanding at the rate
of $31,500 per m
Gaderlies $190, 000, 000 debentures and notes.
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—Coffin & Co., Ladd & Wood,
J. H. Hatch & Co., Hartshorne & Battelle, Wood,
Struthers & Co., McGeorge & Vanderhoef,
Remick, Hodges & Co.
Philadel phia—E. B. Smith & Co.
Hartford—Roy P. Crary.
HOUSTON & TEXAS CENTRAL RAILROAD
O. 1st S. F. 5s. Due July 1, 1937.—N.
See Map 117.
Dated April 1, 1890. Interest payable Jan.
and July 1, at Southern Pacific office, 165 Broad-
way, New "York.
Authorized—$8,634,000.
Outstanding—$1, 615, 000.
Cancelled by Sinking Fund—$7,019,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—Central Trust Co., New York.
Redeemable for Sinking Fund at 110 and
interest.
Sinking Fund—The net proceeds from the sale
of lands subsequent to Sept. 8, 1888, to be ap-
lied to the purchase and cancellation of these
Bonds at not exceeding 110 and interest. If
bonds are not purchasable they are to be called.
Lands as of June 30, 1913, 6,706 acres.
Guaranteed as_ to interest by the Southern
Pacific Co. by endorsement.
Organization and Control—Incorporated in
Texas in 1889. Practically the entire capital
stock is owned by the Southern Pacific Co, The
bef . C. R. R. Co. owns a total of 790 miles of
road.
Secured by a first mortgage on (5) 453 miles of
349
road from Houston to Dennison, Texas and
branch to Austin. These lines afford the South-
ern Pacific System its only entrance into Dallas,
Ft. Worth and Austin, Tex. Bonds of this issue
are outstanding at the rate of $3,900 per mile.
Further secured by a first mortgage on about
6,700 acres of land.
Underlies—$4,161,000 Gen. 4s.
Net Earnings, 6/30/14:....... $1,280,067
Interest, etC,... cee cere eee ee 1,715,270
This issue........... thle leeds 548,830.
Legal for Texas.
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Coffin & Co.,
McGeorge & Vanderhoef, Newborg & Co.,
Hartshorne & Battelle, Low, Dixon & Co.,
Whittemore, Pell & Co., Didrichsen & Co.,
Boissevain & Co., Mabon & Co., Wood, Struthers
& Co., Samuel Goldschmidt, L. M. Prince & Co.
Philadelphia—E. W. Clark & Co.
HOUSTON & TEXAS CENTRAL RAILROAD
Co. Gen. 4s. Due April 1, 1921.—N.
See Map 117.
Dated April 1, 1890. Interest payable April
and Oct. 1, at Southern Pacific office, New York.
Authorized— $4,305,000.
Outstanding—$4,161,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Metropolitan Trust Co., New York.
Guaranteed as to interest by the Southern
Pac. Co. by endorsement.
Organization and Control—See 1st 5s above.
Secured by a second mortgage on (5) 453
miles of road described under 1st 5s above, and
subject to those bonds at the rate of $3,900
per mile. These bonds are’ outstanding at
the rate of $9,300 per mile. $1,149,000 (total
outstanding) Cons. 6s (no interest) are deposited
with the Trustee of this mortgage.
in Liens—$1,615,000 H. & T. C. 1st 5s of
Net Earnings, 6/30/14........ .. $280,067
AMG ORERE sch satis sossinalnunseuntes sha cctreceris 715,270
‘Listed on the New York Stock Exchange.
arket.
New York—Seasongood & Haas,
Struthers & Co., L. M. Prince & Co.
HOUSTON & TEXAS CENTRAL RAILROAD
CO. Waco & Northwestern Div. Ist 6s.
Due May 1, 1930.—N.
See Map 117.
Dated May 1, 1900. Interest payable May
and Nov. 1, at Southern Pacific office, 165
Broadway, New York. oe
Authorized—$25,000 per mile.
Outstanding—$1,105,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Organization and Control—See 1st 5s above.
Secured by a first mortgage on (4) 55 miles of
road from Bremond to Ross., Tex. This line
affords the Southern Pacific System its only
entrance into Waco, Tex., one of the principal
cities of the state. These bonds are outstanding
at the rate of $20,100 per mile. ,
Earnings—See Gen. 4s above.
Legal for Texas.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., McGeorge & Van-
derhoef.
Hartford—Roy P. Crary.
HOUSTON BELT & TERMINAL RAILWAY
CO. Ist S. F. 5s. Due July 1, 1937.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Central Trust Co., New York.
Authorized—$5,000,000.
Outstanding—$4,771,000.
Wood,
Registerable
Retired by the Sinking Fund—$229,000.
Denomination—Coupon, $1,000. Registerable
as to principal. mye
Trustee—Central Trust Co., New York. a
Redeemable as a whole on July 1, 1917, or
any interest date thereafter at 105 and interest,
Sinking Fund—1% per annum of bonds
issued to be applied to the purchase of bonds at
not exceeding 105 and interest.
Guaranteed proportionately under lease for
99 years, as to interest and annual amount of
sinking fund, by the proprietary companies. .
Control—The $25,000 capital stock is owned
equally by the New Orleans, Texas, & Mexico
Trinity & Brazos Valley (Col. Sou.), St. Louis,
Brownsville & Mexico (St. L. & S. F.) and the
Gulf. Colorado & Sante Fe (A. T. S. Fe) com-
panies and under an agreement executed in 1907
they agree to pay under pro rata wheelage basis,
operating expenses and on a one-fourth basis
interest on bonds and sinking fund. The H. B.
T. Ry. Co., had leased all the property in
Houston owned by the G. C. & 8. Fe Ry. Co. for
99 years from July 1, 1907. .
Secured by a first mortgage on 20 miles of
belt line railway in and around Houston, Texas,
which furnishes terminal facilities for the pro-
prietary company.
Listed on the New York Stock Exchange.
Original Market—Offered in 1909, at 101 and
interest by Wm. Salomon & Co., New York, and
G. H. Walker & Co., St. Louis, Mo. $2,000,000
offered by same firm in 1911, at 101 and interest.
3 Market. ‘
New York—Pendergast, Hale & Co., Wm.
Salomon & Co., Coffin & Co., Jacobson & Fried-
man, Newborg & Co., Rauscher & Childress,
Samuel Goldschmidt. 5
Chicago—First National Bank.
St. Louis—Bowman, Cost & Co., Wm. R.
Compton Co., G. H. Walker & Co., A. G. Ed-
wards & Sons. vo
ga eee Be B. Smith & Co., Cassatt
0. ‘
Milwaukee—First Savings Bank & Trust Co.
Boston—Estabrook & Co.
HOUSTON, EAST & WEST TEXAS RAILWAY
CO. 1st 5s. Due May 1, 1933.—N.
See Map 117.
Dated May 1, 1893. Interest payable May
and Nov. 1, at Southern Pacific office, 165 Broad-
way, New York.
Authorized—Original amount $3,840,000, but
$840,000 cancelled in 1897.
Outstanding—$2,527,000 stamped; $473,000
unstamped (Closed mortgage).
Denomination—Coupon, $1,000.
as to principal, or fully registerable.
Trustee—Union Trust Co., New York.
Redeemable—Stamped bonds are redeemable
at 105 and interest on any interest date upon six
months’ notice.
Guarantee—The $2,527,000 Stamped Bonds
are guaranteed principal and interest by the
Southern Pacific Co. by endorsement. A
Organization and Control—Incorporated in
Texas in 1897. All of the stock is owned by the
Southern Pacific Co.
Secured by a first mortgage on (6) 191 miles of
road from Houston, Tex., to Logansport, La.
This line forms the largest portion of the only
line operated by_the Southern Pacific System
into Shreveport, La., the second largest city in
that state. Bonds of this issue are outstanding
at the rate of $15,700 per mile.
Net Earnings, 6/30/14.......... $215,125
Interest; C60 sc scgscew sewarene 157,091
Legal for Texas.
Listed on the New York Stock Exchange.
Market. ;
New York—Redmond &.Co., F. J. Lisman &
Co., McGeorge & Vanderhoef.
Philadelphia—E. W. Clark & Co.
Registerable
850
HOUSTON ELECTRIC CO. Ist S. E. 5s.
Aug. 1, 1925.—F.
Dated August 1, 1900.
and Aug. 1, at Boston.
Authoirzed—$2, 500,000. .
Outstanding—$2, 025, 000.
Held in Sinking Fund—$475,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—International Trust Co., Boston.
Redeemable as a whole at 107}4 and interest
on any interest date.
Sinking Fund—1144% annually of outstanding
bonds, payable each August 1st, to be applied
to the purchase of these bonds at not dver 107
and interest. If bonds are not purchasable,
funds are to be invested in approved first mort-
gage bonds.
Organization and Control—Incorporated in
Texas in 1901. A majority of the stock is owned
by the Galveston-Houston Electric Co.
: Management—Stone & Webster, Boston. .
Secured by a first mortgage on the entire street
railway system in eons Texas, embracing
61 miles of track. Population served, 100,000.
Franchise expires in 193
Net Earnings, Gal.-Houston El. -
Co., 12/31/13..........050% $1,113,261
Interest and sinking fund...... 441,125
The Houston Electric Co. is paying dividends
of 6% on $1,000,000 preferred stock and 3% on
$2,000,000 common stock.
Listed on the Boston and Louisville Stock
Exchanges.
Original Market—Offered in 1902, by Lee,
Higginson & Co., Boston, at 9734 and interest.
. Market.
Baltimore—Riggs & McLane, mallee, Watts
& Co., Sutton & Co., Howard R. Taylor & Co.,
Strother, Brogden & Co., Jenkins, Whedbee &
Poe, J. S. Wilson, Jr., & Co., Alexander Brown
& Sons, Mackubin, Goodrich & Co.
Boston—Hotchkin & Co., Parkinson & Burr,
W. L. Raymond & Co., Lee, Higginson & Co.,
L. Sherman Adams, F. B. Bassett & Co., Stone
& Webster.
New York—Bigelow & Co., Wolff & Stanley,
Estabrook & Co., Ernest Smith, Leonard Snider
& Co., Geo. H. Burr & Co., Kirkpatrick & Lewis.
Philadelphia—E. B. Smith & Co., S..
ee Cassatt & Co., Oscar R. Dare, Chandler
‘0
Louisville—Henning, Chambers & Co.
HOUSTON GAS CO. ist 5s. Due March 1,
Dated. March 1, 1905.
and Sept. 1, at Harris, Forbes &
Authorized—$1,000, m0:
Outstanding—$961,00
Deauiiastion Cah pou: $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York...
Control—Absorbed by Houston Gas & Fuel
Co., controlled by United Gas & Elec. Corp.
Secured by a first mortgage on property des-
cribed under Houston G. & F. 5s below.
Underlies—$350,000 paouston G. & F, 5s Bonds,
Due
Interest payable Feb.
Registerable
Interest payable March
o., New York.
Registerable
Net Earnings, 12/31/14......... $171,359
Interest............ vi sae TES : 65,6
This issue,...........--ee seen . . 48,141
: Market.
New York—Harris, Forbes & Co., Gude, Win-
mill & Co.
Boston—N. W. Harris & Co., F. B. Bassett &
‘0.
Albany—Horace S. Bell. 2
Chicago—Harris Trust & Savings Bank,
Hulburd, Warren & Chandler, Ames, Emerich &
0. ‘
Houston—Neuhaus & Co.
HOUSTON GAS & FUEL CO. Ref. & Imp. 5s.
Due September 1, 1932.—F.
Pennsylvania State Tax Refunded.
Dated Sepvembes 1, 1912. Interest payable
Mareh and September 1, at Fidelity Trust Co.,
Philadelphia.
Authorized—$6,000,000.
Outstanding—$350, ‘000.
Denomination—Coupon, $1,000.
as to principal.
Redeemable on any interest date at 105 and
interest.
Trustees—Fidelity Trust Co., Philadelphia.
Organization and Control—Incorporated in
Texas in 1912. The entire capital stock is owned
by the United Gas & Electric Corp.
Secured by a second mortgage on plant sup-
plying gas in -Houston, Texas. Population
served, 93,000. Franchise expires in 1940.
Prior Lien—$961, 000 Houston Gas Co. 5s.
Net Earnings, 6/30/13..........
Tyitervestres..cpcnaed otic a saunas essere 65,641
Market.
New York—Bertron, oe & Co.,
Dixon & Co., Spencer, Trask &
Houston—Wm. B. King & Co., ‘Neuliaus & Co.
note LIGHTING & POWER CO. Ist
S. F. 5s. Due April 1, 1931.—
Dated April 1, 1911. Interest payable April
and Oct. 1, at Trustee's office.
Authorized—$5, 000,000.
Outstanding—$1, 500,0 00.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Whitney-Central Trust & Savings
Bank, New Orleans.
s Redeemable at 105 and interest on any interest
Sinking Fund—1% of outstanding bonds
beginning July 1, 1915, and annually thereafter,
to be applied to the purchase or redemption of
these bonds at not over 105 and interest.
Registerable
Low,
Registerable
Organization and Control—Incorporated in
Texas in 1906. All of the stock is owned by the
American Cities Co.
Secured by a first mortgage on plant supplying
electricity in Houston, Texas. Population served,
100,000. Franchise perpetual.
Net Earnings, 12/31/14......... $374,707
BCI cap auernwes caam a means 7 5, 000
Listed on the New Orleans Stock Exchange.
Original Market—Offered in 1911 by pevden,
Stone & Co., Boston and New York, at 9814 and
interest.
Market.
Boston—Hayden, Stone & Co., Paine, Webber
& Co., Hotchkin & Co.
New York—W. 5. “Hutton & Co., Berdell
Bros., John _D. Curtis & Co., Geo. H. Burr &
Co., Gude, Winmill & Co.
New Orleans—lIsidore
Claude M. Smith & Co.
Chicago—Paine, Webber & Co.
HOUSTON OIL CO. First Lien 6% Timber Cer-
tificates. Due Aug. 1, 1923.—F.
Commencing Aug. 1, 1918, these bonds are to
be retired by lot at par and interest on semi-
Aug. ;
annual dates as follows: Aug..1, 1915, $100,000;
F , 1916, $120,000; Aug. 1 ;
Feb. 1, 1917, $215,000; Aug. C 1917, $230,000;
» 1918, $235,000; Aug. 1
Feb. 1, 1919, $255,000; Aug. 1,
Feb. 1, 1920, $270, 000; Aug. i 5
1921, $355,000; Aug. 1, 1921, $850,000;
Feb. 1, 1922, $725,000; Aug. 1, 1922, $695,000;
Feb. 1, 1923, 3670, 000 and Ane. 1, 1923, $490,000.
Dated August 1, 1911. Interest payable Feb.
and Aug. 1, at Baltimore.
Authorized—$6, 250,000. ‘
Outstanding—$3, 180, 000.
Denomination—Coupon, $1,000.
as to principal.
Retired—$300,000.
Newman & Son,
Ry
o
s
_
wee
HHe
woo
pee
Pee
A tate
Hee
woo
FOS
eoo
eco
PSs
Registerable
351
Trustee—Maryland Trust Co., Baltimore, Md.
Guaranteed by the Houston Oil Co. of Texas.
Secured by a mortgage on more than 800,000
acres of timber land in the eastern counties of
Texas, and oil lands in the Corsicana and Sara-
toga oil districts of Texas. The company has
‘entered into a contract with the Kirby Lumber
Co., which contract has been confirmed by the
U. S. District Court, in accordance with which
the Kirby Lumber Co. must pay for enough
timber at $5.00 per 1,000 feet, whether cut or
not, to pay the interest and principal on these
bonds. Should the Kirby Lumber Co. fail to
comply with these terms its equipment on the
property of the Houston Oil Co., valued at more
than $4,000,000, shall be forfeited to that com-
pany.
Prior Liens—$2,512,000 Second Series Cer-
tificates, for the retirement of which, certificates
of this issue have been reserved.
Original Market—Offered in 1911, by William
Salomon & Co. and Ladenburg, Thalman &
Co., New York, Whitaker & Co., St. Louis, and
the Mercantile Trust & Deposit Co., Baltimore,
at 98 4 and interest.
Baltimore—Townsend Scott & Son, Stein
Bros., Mackubin, Goodrich & Co., Mercantile
Trust & Deposit Co., Poe & Davies, Nelson
Cook & Co., Middendorf, Williams & Co., Walter
Koppelman, Colston, Boyce & Co., Strother,
Brogden & Co.
‘ Chicago—John Burnham & Co., Yard, Otis
& Taylor.
St. Louis—Whitaker & Co., Francis Bro. &
Co., G. H. Walker & Co.
Boston—L. Sherman Adams.
HOUSTON OIL CO. 6% Dividend Ctfs. Due
February 1, 1925.—F.
Dated January 2, 1912.
February 1 and August 1.
Authorized—$2,394,000.
Outstanding—$2,165,940. :
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Mercantile Trust & Deposit Co.,
Baltimore, <
These certificates were issued to fund the
accumulated preferred dividends. For further
details of property, see Hiab Certfs. above.
arket, s
Baltimore—Colston, Boyce & Co., Walter
Koppelman, Mackubin, Goodrich & Co., Poe &
Davies, Nelson Cook & Co., Townsand Scott &
Interest payable
on.
Boston—L. Sherman Adams. '
HUDSON & MANHATTAN RAILROAD CO.
1st Lien & Refg. 5s Series ‘‘A.”” Due Feb.
1, 1957.—F.
Tax exempt in New York
Dated Feb. 1, 1918. Interest payable Feb. 1
and August 1, at Harvey Fisk & Sons, New York.
Authorized— $65,000,000.
Outstanding—$36,7 65,133.
Held in Treasury—$154,000.
Denomination—Coupon, $100, $500 and
$1,000. Registered $500 and multiples thereof.
C. & R. interchangeable.
Trustee—Central Trust Co., New York.
Organization—Incorporated in 1906. In 1913
a financial reorganization was effected, by which
fixed charges were materially reduced.
Secured by a first mortgage on the tunnels
from 15th Street, in Jersey City to the Pennsyl-
vania Station in Jersey City and under the
Hudson River to The Hudson Terminals Build-
ings at Cortlandt, Dey and Fulton Street, and
second mortgage on the tunnel from 15th St.,
Jersey City to the Hoboken Terminals and
under the Hudson River to Christopher Street
and to 33rd Street, New York. From the Pennsyl-
vania Station in Jersey City to Park Place,
Newark, the company operates over the Pennsyl-
vania R. R. The road affords rapid passenger
service between Jersey City and Hoboken and
New York, doing away with a large part of the
ferry service.
Prior Liens—$5,000,000 (Closed mortgage)
New York & Jersey R. R. 1st 5s and $1,200,000
real estate mortgages and $944,000 1st 44s
which did not assent to the plan of reorganization.
Underlies—$33,102,000 adjustment 5s.
Net Earnings 12/31/14........ $2,841, 514
Interest (not including incomes), 2,121,007
Original Market—$33,102,000 were issued in
part exchange for old bonds, in accordance with
a plan a pesng ene atiee, $500 of these bonds and
$500 adjlstment bonds being issued for each
$1,000 old 444% bond.
Listed on the New York Stock Exchange.
Market.
New York—Harvey Fisk & Co., A. B. Leach
0.
HUDSON & MANHATTAN RAILROAD Adt.
Inc. 5s. Due Feb. 1, 1957.—F.
Tax exempt in New York.
Dated Feb. 1,1913. Interest payable if earned
April 1 and October 1, at office of Company or
agency in New York. Interest on these bonds
was paid at the rate of 2% in 1913 and 1914 and
1% was paid on April 1, 1915. Payment of
interest involves $331,020, of which the Company
earned in six months ended December 31, 1914,
$328,566.
Authorized—$33,754,000.
Outstanding—$33,102,000.
Denomination—Coupon,
Registerable as to principal. Registered, $500
and multiples thereof. C. & R. interchangeable
Trustee—Guaranty Trust Co., New York.
Interest Provision—Interest to Jan. 1, 1920,
is non-cumulative, thereafter cumulative.
Redeemable on any interest date at par, and,
if called after 1920, cumulated interest.
Secured by a mortgage, junior to that, of the
1st & Ref. 5s, on the property described under
that mortgage.
Prior Liens—$44,00),000 bonds and real estate
mortgages.
Original Market.—Issued ‘in exchange for 1st
4 %s, see 1st 5s above.
$500 and $1,000.
Net Earnings, 12/31/14... .... $2,841,514
Interest...... .... Wekeveven gunn’ «+. 2,121,007
Balance for this issue........... 619,766
arket.: ‘
New York—Newborg & Co., Bigelow & Co.,
Harvey Fisk & Co., A. B. Leach & Co., Samuel
Goldschmidt, Howe, Norris & Co.
HUDSON & MANHATTAN RAILROAD CO.
5% Car Trust Certificates, Series ‘‘A.”
Due $46,000 each Sept. Ist and Mar. 1,
to Mar. 1, 1919.—N.
Dated March 1,1909. Interest payable March
and Sept. 1, at Guaranty Trust Co., New York.
Authorized—$920.000.
Outstanding—$363,000.
Balance Redeemed. 7
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Secured by an equipment trust agreement,
on 90 all-steel passenger cars equipped with
360 h. p. motor and full multiple control, costing
originally $1,242,220, of which $322,220 was
paid in cash.
Original Market—Offer in 1909, by the Guaran-
ty Trust Co., New York, on a 6% basis.
Market.
New York—Guaranty Trust Co.,: Knauth,
Nachod & Kuhne, Wolff & Stanley, W. C.
Langley & Co., Coggeshall & Hicks, Bull &
Eldredge.
HUDSON_& MANHATTAN RAILROAD CO.
5% Car Trust Certificates, Series ‘‘B.”
352
Due $25 000 each April 1st and Oct. 1st to
Oct. 1, 1920, inclusive.—N.
Dated October 1, 1910. Interest payable
aeet and Oct. 1, at Guaranty Trust Co., New
ork.
Authorized——$500,000.
Outstanding—$275,000.
Balance Redeemed.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Secured by an equipment trust agreement on
50 all-steel passenger cars equipped with 360
h. p. motor and full multiple control, costing
$662,500, of which $162,500 was paid in cash.
Original Market—Offered in 1910, by the
Guaranty Trust Co., New York.
Market.
New York—Guaranty Trust Co., Coggeshall &
Hicks, Bull & Eldredge.
HUDSON & MANHATTAN RAILROAD CO.
5% Car Trust’ Certificates, Series ‘‘C.”
Due $21,000 each Feb. 1st and Aug. 1st to
Aug. 1, 1921, inclusive.—N.
Dated August 1, 1911. Interest payable Feb.
and Aug. 1, at Guaranty Trust Co., New York.
_ Authorized—$420,000. ;
Outstanding—$273,000.
Balance Redeemed.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Secured by an equipment trust agreement on
36 all-steel passenger cars equipped with 450 h.p.
motor and full multiple control, costing $510,000,
of which $90,000 was paid in cash.
7 Market. :
New York—Coggeshall & Hicks, Bull &
Eldredge.
HUDSON COUNTY GAS CO. Ist 5s. Due
Nov. 1, 1949.—N.
Tax exempt in New Jersey.
Dated November 1, 1899. Interest payable
oe and Nov. 1, at New York, or Jersey City,
Registerable
Authorized and Oatstanding—$10,500,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal. _
Trustee—The New Jersey Title Guarantee &
Trust Co., Jersey City, N. J. :
Guaranteed as to interest under term of lease
by the Publie Service Gas Co. :
Organization and Control—Incorporated in
New Jersey in 1899. Leased to the Public Service
Gas Co., all of whose stock is owned by the
Public Service Corporation of N. J. for 900
years at a rental equivalent to interest on bonded
debt and 8% on. ecapital stock, of which
$10,500,000 is now outstanding.
Secured by a first mortgage on plants supply-
ing gas to Jersey City, Hoboken, Bayonne and
Greenville,. N. J. Population served, 400,000.
Franchises Perpetual. .
Net Earnings, Pub. Serv. Corp.,
12/31 /14e doce ec ieays ae epee $17,563,943
Interest and rentals, (Subsidi-
Ary CO's) iris syns ea sed ariee's 12,097,109
Interest (Pub. Serv. Corp.)... 3,841,496
Listed on the New York and Philadelphia
Stock Exchanges. 5
Original Market—Offered in 1899, by Edward
C. Jones & Co., New York, at 105 and interest.
Market.
New York—B. H. & F. W. Pelzer, J. S. Bache
& Co., Clark, Dodge & Co., Paterson & Co.,
Williamson & Squire, W. E. R. Smith & Co., L.
A. Norton,;-Strong, Sturgis & Co., Gude, Winmill
& Co., Starbuck, Van Sant & Legg, Kirkpatrick
& Lewis. '
Philadelphia—Borden & Knoblauch, Reed A.
Morgan & Co., Samuel K. Phillips, E. B. Smith
&Co., Chandler Bros. & Co., C. D. Barney & Co.,
Ervin & Co., Reed.& Huntoon, Chas. Fearon &
353
Co., Mellor & Petry, Geo. S. Fox & Sons, Heriry
& West.
Newark—J. S. Rippel, Fidelity Trust Co.
Jersey City—Outwater & Wells.
Paterson—F. A. Peters.
HUDSON NAVIGATION CO. S. F. 6s.
Feb. 1, 1938.—F.
Tax exempt in New York.
Dated Feb. 1, 1908. Interest payable Feb. 1
and Aug. 1, at Tnion Trust Co., Albany, N. Y.
Authorized—$4,000,000.
Outstanding—$2,286,000.
In Treasury—$67,000.
Retired by Sinking Fund—$100,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Albany, N. Y.
Redeemable at 105 and interest any interest
date, for sinking fund at par and interest and
Feb. 1st.
Sinking Fund—Annually on Jan. 5, $50,000 in
cash or bonds of this issue at par. 7
Secured by a mortgage subject to prior liens
on all the real estate of the Company, which
includes Pier 32 and buildings, North River,
New York City, terminals in Albany and Troy
and six steamboats, also He and _ barges.
Prior Lien—$1,392,900 N. J. Steamboat Co.
1st 5s of 1921.
Due
Market.
New York—J. K. Rice, Jr., & Co., F. J. Lis-
man & Co., Tobey & Kirk, Fred H. Hatch & Co.,
Geo. S. Crap, Robinson & Co., Wolff & Stanley,
McGeorge & Vanderhoef, Leonard Snider & Co.
HUDSON RIVER GAS & ELECTRIC CO. 1st
5s. Due May 1, 1929.—N.
Dated May 1, 1899. Iuterest payable May
and Nov. 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable
as to principal. iy Be
Trustee—Guaranty Trust Co., New York. . ~-
‘Control—Absorbed by Westchester Lighting
Co., which is controlled through ownership. of
its entire capital stock by the Consolidated Gas
Co. of New York.
Secured by a first mortgage on plants formerly:
belonging to Hudson River Gas & Elec. Co.,
supplying gas and electricity to Tarrytown,
Irvington, Ardsley, Hastings and vicinity, all in
New York and located on the Hudson River,
north of Yonkers.
Underlies—$18,400,000 N. Y. Westchester
Ltg. Co. and Westchester Ltg. Co. bonds, whic
are guaranteed as to principal and interest by
the Consolidated Gas Co. of New York.
Net, Earnings, W. Ltg. Co.,
LOSE WA cc vik on ieee we wean
Interest..... 1,136,618
This issue 700
Original Market—Offered in 1899 by Wilson
& Stephens, N. Y., at 103 4 and interest.
Market.
geek Glendinning & Co., Graham
0.
New York—Tobey & Kirk, Gilman & Clucas.
HUDSON RIVER PULP & PAPER CO. Ist 63
Due Jan. 1, 1918.—N.
Dated Jan. 1, 1898. Interest payable Jan. and
July at Manhattan Trust Co., New York.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000.
Redeemable at 105 and interest. |
Assumed by International Paper Co.
Control—Absorbed by International Paper
0.
Secured by a first mortgage on Hudson River
Mill property at Palmer, N. Y.
URRECEEET Arcee International Paper 5s
and 6s.
Net Earnings, Int. Paper,’
VLBA corse sna ea: azoretava a ow ve $3,088,898
Dniterest: of 4 egies ea ew geormeig es 3 a
THIS 18SUE 6 eie0. 500 ao kerosene v4 HER 103,119
Market. .
New York—Fred H. Hatch & Co., Spencer
Trask & Co., Gude, Winmill & Cq., Hartshorne
& Battelle. -
HUDSON RIVER TRACTION CO. Ist 5s.
Due March 1, 1950.—F. ;
Dated March 1, 1900. Interest payable
March and Sept., 1 at U.S. Mortgage & Trust Co.
New York. :
Authorized—$1,000,000. _ 3 :
Outstanding—$631,000 ($67,000 are owned by
the N. J. & H. R. Ry. & Ferry Co.).. |
Denomination—Coupon, $1,000. Registerable
as to principal.
oo S. Mortgage & Trust Co., New
ork.
Redeemable on any interest date at 110 and
interest. :
_Guaranteed as to interest by 999 year lease to
Public Service Ry. Co.
Control—Absorbed in 1910 by N. J. & H. R.
Ry. & Ferry Co., which is leased to the Public
Service Ry. Co., for 999 years. Latter company
is controlled by Public Service Corp. of N. J.
Secured by a first mortgage on 17 miles of
electric railway from Hackensack to Hasbrouck
Heights and Arlington, N. J., and to Lodi, N. J
Most of the road is on private right of way
franchises elsewhere perpetual. Population ser-
ved, 30,000. °
Underlies—$4,011,000 N. J. & H. R. Ry.
& Ferry ist 4s.
Net Earnings, Pub. Serv. Corp.,
Neds: 12/30/14 «0c scien 5, ovary
Interest and rentals (Subsidiar-
$17,563,943
12,097,109
5,466,833
arket.
Philadelphia—Samuel K. Phillips, Geo. S.
Fox & Sons.
New York—B. H. & F. W. Pelzer, W. E. R.
Smith & Co., Starbuck, Van Sant & Legg.
Paterson—F. A. Peters.
HUDSON VALLEY RAILWAY CO. Cons. 5s.
Due July 1, 1951.—F.
Dated July 1, 1901. ._ Interest payable Jan.
1 and July 1, at Manufacturer’s National Bank,
Troy, N. Y.
Authorized—$4,000,000.
Outstanding—$2,222,000.
Pledged for Coll. Tr. 5s, $1,290,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 110 and interest any interest
date on three weeks’ notice.
Organization and Control—Incorporated in
New York in 1901. A majority of the stock
is owned by the United Traction Co. of Albany.
All of the stock of this latter company is owned
by the Delaware & Hudson Co.
Secured by a first mortgage on practically all
of the road owned by the company. This in-
cludes 119 miles of first track and about 20 miles
second track. From Troy to Warrensburg, New
York, including two lines between Mechanics-
ville and Glens Falls, 79 miles, the road is on
private right of way. Franchises elsewhere
are perpetual. Population served, Troy, 80,000,
remaining territory, 90,000. Power is generated
by four hydro-electric and four steam plants.
Prior Lien—$82,000 Glen Falls, Sandy Hill
& Ft. Edward 5s.
Underlies—$2,974,000 income bonds.
Net Earnings, 6/30/14,.........
Interest and taxes.............+ 343,154
Original Market—First offered by E. Clarence
Jones & Co., New York.
- ies
Interest Pub. Rervice Corp...
354
Market.
New York—Hotchkin & Co.
HUEBNER-TOLEDO BREWERIES CO. 1st 6s,
Due July 1, 1930.—N.
Dated April 1, 1905. Interest payable Uan.
and July 1, at Ohio Sav. Bank & Trust Co.,
Toledo.
«! Authorized—$3,000,000.
Outstanding—$2,241,000.
Retired by Sinking Fund—$355,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Ohio Say. Bank & Trust Co., Toledo,
hio.
Redeemable on any interest date at 10714 and
interest. ;
Sinking Fund—$25,000 per annum to purchase
bonds. Bonds so acquired are kept alive and
interest added to sinking fund.
Secured by a first mortgage on several brew-
eries in Toledo, Ohio. The Company also leases
and operates numerous saloons in Toledo.
Net Earnings, 12/31/12.......... $256,835
Interest and Sinking Fund....... 178,360
Listed—Cleveland, Cincinnati and Columbua
Stock Exchanges.
Market.
Toledo—Secor & Bell.
Cleveland—Borton & Borton.
HUNTINGDON & BROAD TOP MOUNTAIN
RAILROAD & COAL CO. Ist Ext’d 4s.
Due Sept. 30, 1920.—F.
See Map 106.
Tax exempt in Pennsylvania.
Dated Aug. 18, 1854, and extended in 1870
and again in 1890. Interest payable April and
Oct. 1, at company’s office, Philadelphia.
Authorized—$500,000.
Outstanding—$416,000. S
Denomination—Coupon, $500. ° ae
Trustee—Girard Trust Co., Philadelphia.
Stock Trusteeship—Over %{ of the stock is
deposited with five Trustees under an agreemtnt
for the sale of at least a majority on or before
April 1, 1918 at not less than $50 per share for
the preferred and $25 par share for the common.
Depositary Drexel & Co., Philadelphia.
Secured by a first mortgage on about (7) 44
miles of road from Mt. Dallas, Pa., to Hunting-
don, Pa., with 28 miles of branches. These bonds
are outstanding at the rate of $6,000 per mile.
Underlies—$1,864,000 bonds.
Net Earnings, 12/31/14......... $144,018
Tnterest: (1913) ...66 wins an saves 106,190
« Interest paid in 1914 not reported. ait
Listed on the Philadelphia Stock Exchange.~ +
Market. gk
Philadelphia—Chas, Fearon & Co., Reed &
Huntoon, Robt.. Glendinning & Co., Barclay,
Moore & Co.
New York—F. J. Lisman & Co., Coggeshall &
Hicks.
HUNTINGDON & BROAD TOP MOUNTAIN
RAILROAD & COAL CO. 2nd Ext’d 4s.
Due Feb. 1, 1925.—F,
See Map 106.
Tax exempt in Pennsylvania.
Dated Jan. 30, 1857, as 7s, extended in 1875
and again in 1895, with the interest reduced.
Interest payable Feb. 1 and Aug. 1, at company’s
office, Philadelphia.
Authorized—$500,000.
Outstanding—$367,500.
Denomination—Coupon, $500.
Trustee—Girard Trust Co., Philadelphia.
Secured by a second mortgage on the (7) 44
miles of road covered by the 1st 4s of 1920. Bonds
of this issue are outstanding at the rate of $5,200
Pet snderti $1,497,000 8rd E
nderlies—$1, 5 re xt. 59) of fe
Earnings—Ist 4s, 1920, above. ai
AOD
Listed on the Philadelphia Stock Exchange.
7 is arket.
Philadelphia—Chas. Fearon & Co., Robt.
Glendinning & Co., Barclay, Moore & Co., Reed
Huntoon.
HUNTINGDON & BROAD TOP MOUNTAIN
RAILROAD & COAL CO. 3rd Cons. Ext’d
5s. Due March 31, 1925.—F.
See Map 106.
Tax exempt in Pennsylvania.
Dated March 1, 1865 and extended in 1895.
Interest payable April 1 and Oct. 1, at company’s
office, Philadelphia.
Authorized—$1,500,000.
Outstanding—$1,497,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : .
Trustee—Girard -Trust Co., Philadelphia.
Secured by a third mortgage on (7) 44 miles of
road, described under 1st 4s above, subject to
prior liens at the rate of $11,200 per mile. Bonds
of this issue are outstanding at the rate of $21,-
400 per mile.
Earnings—See Ist 4s, 1920, above.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—Samuel K. Phillips,’ Charles
Fearon & Co., Robt. Glendinning Co., Chas.
D. Barney & Co., Reed & Huntoon, Geo. N.
Fleming, Barclay, Moore & Co.
HUNTINGDON VALLEY LIGHT & POWER
CO. Ist 5s. Due June 1, 1947.—F.
Interest payable June and Dec. 1, at Phila-
delphia Tr., S. D. & Ins. Co., Philadelphia, Pa.
Authorized—$400,000. .
Outstanding—$275,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Philadelphia Trust, Safe Deposit &
Ins. Co., Philadelphia, Pa.
Redeemable at 102}4 and interest.
- Control—Absorbed by Philadelphia Suburban
G. & E. Co., which is controlled by American
Gas Co., through ownership of all stock.
_ Secured by a first mortgage on plants supply-
ing Cheltenham, Abington, Springfield and
Moreland townships, Pa. This territory is
adjacent to Philadelphia. Franchises perpetual.
Underlies—$4,127,000 Philadelphia Suburban
. & E. 5s. Bonds are reserved under that
mortgage to retire this issue.
Net Earnings P. S. G. & E. Co. ?
P2BU NB cesascaw eae. diewn nies $512,493
Unberest x... syosiauine Searangnitstoieanariedte ts 826,543
PRG ISING en x panne 04 annie 6 ex 178,294
Market.
Philadelphia—Henry & West, Oscar R. Dare.
S. K. Phillips. .
HUNTINGTON & BIG SANDY RAILROAD
CO. 1st 6s. Due July 1, 1922.—F.
See Map 6.
Dated July 1, 1892. Interest payable Jan.
e gr 1, at Company’s office, 2 Wall St., New
ork.
‘Authorized —$400,000.
Outstanding—$303,000.
Deposited under P. L. E. & W. Va. System
Refg. Mtge., $97,000.
Denomination—Coupon, $1,000.
as to principal. . “4
Trustee—Provident Life & Trust Co., Phila-
delphia. “4 =
Guaranteed principal and interest by the Ohio
River R. R. Co. by endorsment. ‘
Organization and Control—Incorporated in
West Virginia. All of the stock is owned by the
B. & O. R. R. Co. and deposited under its P.,
L. E. & W. Va. System Refg. Mtge.
- Secured by a first mortgage on (2) 11 miles of
road from the west bank of the Wyandotte River,
near Huntington, to Kenova, W. Va. Bonds are
outstanding at the rate of $36,000 per mile, of
Registerable
which those in the hands of the public are at the
rate of $27,500 per mile. : s
Refunding—Bonds are reserved under Balti-
more & Ohio-P., L. E. & W. Va. Ref. 43 to ac-
quire the outstanding bonds of this issue.
Legal for Balt. ; “
arket.
M:
Philadelphia—J. Paul Lloyd.
HUNTINGTON LAND & IMPROVEMENT
CO. Coll. Trust.6s. Due.$1,000,000 each
Dec. 1, to 1927.—N. ' “
Dated December 1, 1913. Interest, payable
June 1 and December 1, at Security Trust &
Savings Bank, Los Angeles or United States
Mortgage & Trust Co., New York.
Authorized—$14,000,000.
Outstanding—$10,000,000.
Denomination—Coupon, $1,000 in all matu-
Hie: $500 in 1919 to 1926 and $100 in 1918 to
Trustee—Security Trust & Savings Bank, Los
Angeles.
Redeemable—Bonds due 1914 to 1917 are
callable at 101 and interest. For other maturities
the premium increase 144% for each year to
10344% in 1927. .
Guaranteed as to principal and interest by
H. E. Huntington, by endorsement.
Secured by a first mortgage on $5,500,000
bonds of the Los Angeles Ry. Corp. and City Ry.
of Los Angeles, which own 408 miles of street
railway in Los Angeles, $5,100,000 bonds of the
Pacific El. Ry. and absorbed companies, which
cover 986 miles of interurban railway in and
around Los Angeles, Cal., $3,500,000 bonds of
the Pacific Light & Power Corp. and absorbed
company, which own plant supplying electricity
in Los Angeles, $3,424,000 bonds of the Newport
News Shipbuilding and Dry Dock Co. and
$276,000 bonds of the Chesapeake Dry Dock &
Construction Co., and on $20,000,000 stock
(entire issues) of the Los Angeles Ry. Corp. and
$5,000,000 stock (entire issue) of the City
Ry. of Los Angeles. These bonds are also a
second lien on $4,000,000 bonds of the Los
Angeles Ry. Corp. 1st & Ref’g 5s and $1,500,000
the Pacific Electric Ry. Co. Refg 5s. Provision is
made for the substitution of some of the above
collateral at the option of the company. The
Huntington Land & Improvement Company
owns property, in addition to the securities
pledged under this issue, valued at more than
$20,000,000, of which about 75% is unencum-
bered land located in Los Angeles, Cal., and
vicinity. ’
Prior Lien—$3,000,000 6s, due 1915 to 1917.
* Legal for Cal. ee
Original Market—Offered by E. H. Rollins &
Sons, Boston, New York, etc., in 1914 at par for
1914 maturity, 9934 for 1915, 993¢ for 1916, 9944
for 1917 and 99 for all other maturities. $939,00
offered by E. H. Rollins & Sons, Boston, etc., an
Torrance, Marshall & Co:, Los Angeles, at 987%
for 1915 maturity, 98 for 1916 maturity, and 9634
for 1918 maturity. 5
_ Market.
Boston—E. H. Rollins & Sons, C. F. Coombs
Oo.
Philadelphia—R. Glendinning & Co., E. H.
Rollins & Sons. :
San Francisco—Torrance, Marshall & Co.,
E. H. Rollins & Sons, Byrne & McDonnell.
St. Louls —Bowman, Cost & Co., John Nicker-
son, Jr. f
Chicago—Stanwood Taylor & Ca.,
Trust Co., A. L. Baker & Co. .
New York—Ernest Smith, C. H. Jones & Co.,
John Nickerson, Jr., ©
~ Los Angeles—Torrance, Marshall & Co.
a a WATER CO. Ist 5s. Due Nov.
et oo
Dated Nov. -4, 1900. Interest payable May
Union
855
and Nov. 1, at Farmers’ Loan & Trust Co., N.Y.
Authorized—$500,000.
Outstanding—$500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Farmers’ Loan & Trust Co., N. Y.
Redeemable at par.
Control—All stock owned by American Water
Works & Electric Co.
Secured by a first mortgage on plant supplying
water to Huntington, W. Va. Population served,
Registerable
34,000. Also a mortgage on 6)4 acres of land
owned by the company.
. Underlies—-$166,000. 5s 1949.
Net Earnings, ie GiseteSeateg nn $73,212
Amberestisiciscs esas 6 aces nswiin oeirsas ei oe 32,681
DIS ISsWe sissies 4-4) gierw edace Meer sto » 26,431
Market.
Portland, Me.—H. M. Payson & Co.
Boston—F. ‘W. Mason & Co.
HURON (S. D.) LIGHT & POWER CO. Ist
6s. Due May 1, 1932.—F.
Dated May 31, 1912. Interest payable May
and Nov. 1, at Trustee’s office and National
Park Bank; New York.
Authorized—$300, 000.
Outstanding—$207,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee— Minneapolis Trust Co.,_ Minneapolis.
Secured by a first mortgage on plants supply-
ing gas and electricity to Huron, S. (popula-
tion, 1910, 5,791. Franchise expires, 1939.
Net Earnings, 12/31/13. o 26 ee oes 0,579
IHGEPESE 3.5 eee RAS NTS 12;280
Market. :
Minneapolis— Minneapolis Trust Co.
HUTCHINSON & SOUTHERN RAILWAY CO.
1st 5s. Due Jan. 1, 1928.—N.
See Map 1.
Dated January 1, 1898. Interest payable Jan.
and July 1, at Company’ s office, 5 Nassau Street,
New York.
- Authorized—$770,000.
Owned by A. T. & S. F. Ry.—$527,000.
Outstanding—$192,000.
Denomination—Coupon, $1,000.
may be registered.
Trustee—Old Colony Trust Co., Boston.
Redeemable on anyinterest day at 105 and
interest.
Control—Absorbed by the Atchison, Topeka
& Santa Fe Ry. Co.
Secured hye a first mortgage on (7) 142 miles of
road from Hutchinson, Kans., to Ponca City,
Okla. These bonds are outstanding at the rate
of $5,300 per mile, ‘of which those in the hands of
the publie are at the rate of $1,300 pen ae
Underlies—$255,000,000 A., T. & S. F. Gen.
4s, Adjmt. 4s of 1995 and convertible debentures.
Legal for Balto., Cal., Conn., Fla., Mass., Me.,
Bich Minn., Mo., N. HN. aes R. I., Vt. and
arket.
New York—F. H. Hatch & Co.
Principal
HUTCHINSON (KAN.) WATER; LIGHT &
POWER Ist 4s. Due Jan. 1, 1928.—N.
Dated Jan. 1, 1898. Interest payable Jan. and
July 1, at Fidelity Trust Co., Philadelphia.
Outstanding—-$212,500.
Redeemable at par and interest.
Control—Absorbed by United Water, Gas &
Electric Co., which is controlled through stock
ownership by the Cities Service Co. Manage-
ment of The Doherty Organization.
Secured by a first mortgage on pre n part of
plants supplying water, artifici: gas and _ elec-
tricity to Hutchison, Kan., and vicinity. Popu-
lation served, 21,000 Franchises perpetual. -
Underlies—-$655, 000 Hutchinson Water, Lt. &
Gas and United Water, Gas & El. 5s,
Net Earnings, 12/31/12......... $100,022
Interest.............. fe i
This issue. 5
. Original Market—Issued in exchange for securi-
ties of old company reorganized without fore-
closure. Market.
Chicago—Yard, Otis & Taylor.
_, New York—E. Bunge & Co.
Boston—Hotehkin & Co., Lewis Bros. & Co., L.
Sherman Adams.
HYDRAULIC POWER CO. OF NIAGARA
FALLS Ist & Ref. 5s. Due July 1, 1950.—F.
Tax exempt in New York State. ~
Dated July 1, 1910. Interest payable Tateand
July 1, at New York or Buffalo.
Authorized—$3, 500,000.
Outstanding—$2, 850, 000.
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Trustee—Commonwealth Trust Co. of Buffalo.
Redeemable at 110 and interest on any interest
date after July 1, 1920 on six months’ notice.
Organization—Incorporated in N. Y. in 1910.
Seeured by a first mortgage on the main
hydro-electric development of the company,
which has an extensive power plant at Niagara
Falls. Further secured by a first lien on the
entire bonded debt of the Cliff Electrical Dis-
tributing Co., which owns transmission lines and
distributed power generated by the Hydraulic
Power Co., and a second mortgage on 169 acres
of land in Niagara Falls,.N. Y., on which ground
are erected several large industrial plants, which
are operated by power generated by this company
Prior Liens—$650,000 Niagara Falls Power.
& Mig. Co. Purchase Money 4s of 1920, ‘for
the retirement of which, bonds of this issue have
been reserved.
Underlies—$2, 500, 000 Ponvertibte 2d 6s,
Net Earnings, 12/31/14 ssiaambateg a 811,842
Original Market—Offered in 1910, at par and
interest by Spencer Trask & Co., New York, and
$400,000 offered in 1912 by Kean, Taylor & Co.,
New York, at 10234 and interest.
2 Market. x
New York—Spencer Trask & Co.,
Taylor & Co.
Boston—F. B. Bassett & Co.
Buftalo—Commonwealth Trust Co., John T.
stants J.C. Dann & Co., Baker & Watson, Teller
vers. =
Kean,
HYDRAULIC-PRESS BRICK co. Ist 5s. Due
Serially, Aug. 1 to” feet ES one: follows:
1915— 41,000 1920—$52,500 ar ag nOD
1916—. 43,000 1921— 55,000 ~ ior
1917— 45,500 1922— 58,000 1928— 77, 500
1918— 47,500 1923—. 60,500 1929— 81,500
1919— 50,000 1924— 63,500 1930— 36,500
1925— 67,000
. Dated, Aug. 1, 1912. Interest payable Feb.
and Aug. 1, at Trustee's office, St. Louis, Mo.
Authorized—$1, 500,000.
Outstanding $1,081,000.
Retired—$39,
Me ibeadetnk oe hapans $500.
Trustee—Mercantile Trust Co., St. Louis, Mo.
Redeemable at 102 and interest Aug. 1, 1918.
or any interest date thereafter on 30 days’ notice.
Organization—Incorporated in Missouri in
1890 and in 1907 absorbed 14 companies.
Secured by a first mortgage on all property
located in the City of St. Louis and St. Louis
County, which includes eight plants. It also
owns plants in New York City, Baltimore, Wash-
ington, Philadelphia, Cleveland, Indianapolis,
Kansas City, Omaha, Minneapolis and Chicago.
Earnings—Dividends of 6% per annum are
being paid on $5,500,000. preferred stock.
Original Market—$1, 000,000 offered in 1912 by
Mercantile Trust Co., St. Louis, Mo., at par and
nterest. Market.
St. Louis—Mercantile Trust Co., Wm. R.
Compton Co.
356
ILLINOIS CENTRAL RAILROAD COMPANY.
Incorporated in Illinois in 1851. The com-
Pany owns 2,270 miles of road from Chicago to
Cairo and from:Centralia to East Dubuque, all
in Illinois, which lines, opened in 1856, consti-
tuted the original Illinois Central R. R.; from
Chicago via Freeport to Madison and Dodge-
ville, Wis.; Pekin, Ill., to Evansville, Ind.;
Gilman to East St. Louis, Ill., Effingham, IIl.,
to Indianapolis, Ind., and numerous other
branches, including the entire system north of
the Ohio River and east of the Mississippi River.
The company also owns all or practically the
entire issues of stock of numerous companies
owning 2,280 miles of road, some of which is
leased to the Illinois Central R. R. Co. These
lines extend from East Dubuque, IIl., to Coun-
cil Bluffs, OQuawa, Sioux City and Cedar Rapids,
Ta., Sioux Falls, S. D., and Albert Lea, Minn.,
at which latter point connection is made for
Minneapolis and St. Paul; from E. Cairo, Ky.,
to New Orleans, La.; Louisville to Fulton, Ky.;
Evansville, Ind., to Hopkinsville, Ky.; Fulton,
Ky., via Jackson, Tenn., to Grenada, Miss.;
Jackson, Tenn., to Birmingham, Ala. and nu-,
merous branches. The company has trackage
rights over 200 miles of road, in all a total of
4,770 miles of road operated. :
The Illinois Central R. R. Co. owns all of the
stock of the Yazoo & Mississippi Valley R. R.
Co., which company owns 1,280 miles of road
from Memphis, ‘Tenn., paralleling the Missis-
sippi River to New Orleans, La., and branches
entering all of the important cities of Mississippi,
and all of the stock of the Central of Georgia
Ry. Co., operating 1,925 miles of road, of which
1,475 are owned, 477 are leased and the balance
is trackage, extending from Savannah via Macon
to Atlanta, Ga.; Chattanooga, Tenn.; Bir-
mingham and Montgomery, Ala., and numer-
Be other important cities in Georgia and Ala-
ama. ‘
‘The Illinois’ Central R.'R. Co. has outstand-
ing about $110,000,000 stock, of ‘which more
than_ $31,000,000 is owned by the Union Pacific
R. R. Co., and a subsidiary company. The
company has paid dividends in each year since
1863, the lowest rate paid in any year having
been 4% in 1863 and 1877. From 1905 to 1912
.7% was paid, and in 1913 6% was paid, which
is the present rate. =” :
There are outstanding on the road operated
by the Illinois Central Railroad Co. about $250,-
000,000 bonds, at the rate of about $52,000 per
mile. Except in the year ended June 30, 1912,
net earnings, available for interest, have been
practically equal to three times the interest
charges on the entire funded debt. “
Report, years ended June 30.
. 1913-14 1912-13
Gross.......... $65,873,700 $64,280,903
Net Earnings... 15,098,373 14,281,991
Net Income.... °19,060,075 16,555,284
Rentals........ "4,659,160 4,326,955
Interest 6,253,617 5,653,217
Dividends 5,464,800 6,557,760
Surplus...... $2,632,882 $17,352
ILLINOIS CENTRAL RAILROAD CO. Sterling
Tr. 344s. Due July 1, 1950.—N
See Map 56.
Dated July 1, 1886. Interest payable Jan.
and July 1, at company’s office, 115 Broadway,
New York City, or at office of Baring Bros.,
London. —
Authorized—$9,000,000.
Outstanding—$5,266,000 (Closed mortgage).
Denomination—Coupon, $1,000 and £200.
Registered, $1,000 and £200.
Trustee—United States Trust Co., New York.
Secured by a second mortgage on (2) 706 miles
of road covered by the first mortgage described
below, and a2 first lien on $5,266,000 of the
$17,994,000 Chicago, St. Louis & New Orleans
Consol. 5s 1951, which are secured by 4 first
mortgage on (1) 566 miles of road from E. Cairo,
Ky., to New Orleans and branch. These bonds
are, therefore, a mortgage on 1,272 miles of
road from Chicago and East Dubuque, IIl., to
New Orleans, of which 412 miles are double-
tracked, subject to prior liens, including C.,
St. L. & N. O. 5s in hands of public, at the rate
of $20,100 per mile. Bonds of this issue are out-
standing at the rate of $4,000 per mile. .
Underlies—$35,740,000 Ref. 4s and $33,000,000
Ill. Cent.,-C., N., & St. L. Joint 1st & Ref. 5s., 1963.
Bonds are reserved under these mortgages to
retire this issue.
Legal for N. H., N. Y. and R. I.
Market.
New York—Callaway, Fish & Co., Foster &
Adams.
ILLINOIS CENTRAL RAILROAD CO. Cairo
a Bridge 4s. Due Dec. 1, 1950.—N.
See Map 56.
Dated June 1, 1892. Interest payable June
and Dec. 1, at company’s office, 115 Broadway,
New York.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—United States Trust Co., New York.
Secured ne first lien on $3,000,000 Chicago,
St. Louis & New Orleans Bridge 5s which cover
as a first lien the (3) bridge over the Ohio River at
Cairo, and the Kentucky approaches to the
bridge, and by a direct lien on the Illinois ap-
proaches of the bridge. This bridge is leased to
the Illinois Central R. R. Co. to 2282 at an annual
rental of $180,000 per annum. From this rental
interest on these bonds is paid and $20,000 per
annum was applied to 1901 to maintain a fund of
$500,000 to ity the bridge in repair. Since
then the $30,000 above interest is applied to a
sinking fund to pay bonds at maturity. |
Underlieés—$35,740,000 Ref. 4s of 1955.
Bonds are reserved under that mortgage to re-
tire this issue., j
Legal for Conn., Mass., N. H., N. Y. and R. I.
Listed on the New York, London and Amster-
dam Stock Exchanges.
arket. .
New York—Gilman & Clucas, McGeorge &
Vanderhoef, Foster & Adams, R. L. Day & Co.,
Callaway, Fish & Co., Coffin & Co., Beverly
Bogert & Co., F.'H. Hatch & Co., Wood, Struth-
ers & Co., L. M. Prince & Co.
Chicago—Hornblower & Weeks.
ILLINOIS CENTRAL RAILROAD co. 1st Mort-
gage Bonds.—N.
See Map 56. :
Outstanding—$12,999,000 (Closed mortgage)
as follows: a
Dated Due Outsdg Rate Pay
*Apl.1,1875 Apl. 1,1951 $2,500 4% A&O
*Feb. 16,1876 Dec. 1,1950 1,000t 344% J&D
Jan. 1,1886 Jan. 1, 1951 1,500 4% J&J
Jan. 1,1886 | Jan.1,1951 2,499+ 314% J&J
*Aug. 31,1895 Mar.1,1951 2,500t 3% M&S
Mar. 30,1908 Apl.1,1951 —3,000¢ 344% A&O
‘*Sterling Bonds. jThree Ciphers omitted.
Interest on ‘“‘dollar’’ bonds payable at company
pany’s office, New York, on “sterling” bonds, in
London.
Denomination—Coupon, $1,000 and £200.
Bonds of all issues except those of 1875 and 1876
are registerable as to principal only, or fully
registerable.
Trustee—United States Trust Co., New York.
Secured by a first mortgage on (1) 706 miles of
road from Chicago to Cairo, Ill., and from E.
Dubuque to Centralia, Ill., of which 363 miles
are double tracked. ‘The line from Chicago to
357
Cairo constitutes a part of the main line from
Chicago to New Orleans. Bonds of this issue are
outstanding at the rate of $18,400 per mile. .
Underlies—$50,740,000 Coll. Tr. 4s and Ref’g
4s. Bonds are reserved under the latter mortgage
to retire these issues.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., N. ¥., R. 1, Vt. and
is.
Listed—TIssues of 1886, 1895 and 1903 on New
York Stock Exchange. Issues of 1875, 1886
(84%%s only) and 1895 on London Stock Ex-
change. Market. i ;
New York—Callaway, Fish & Co.,'’ Remick,
Hodges & Co,, Harris Forbes & Co., Low, Dixon
& Co., Blodget & Co., Redmond & Co., L. M.
pines & Co., Foster & Adams, Hodenpyl, Hardy
O.
Chicago—Harris Trust & Savings Bank, A.
B. Leach & Co.,. Hodenpyl, Hardy & Co.
Boston—N. W. Harris & Co., R. L. Day & Co.
ILLINOIS CENTRAL RAILROAD CO. Litchfield
Division 1st 3s. Due Jan. 1, 1951.—F.
See Map 56. .
Dated Oct. 1, 1900. Interest payable Jan.
and July 1, at company’s office, 115 Broadway,
New York.
Authorized—$4,000,000.
Qutstanding—$3,235,000. :
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.. Regis-
tered, $1,000 and multiples. ,
- i ha aca Loan & Trust Co., New.
Tork. id
. Secured by a first mortgage on (4) 98 miles of
road from East St. Louis to Springfield, Ill., and a
lien on trackage rights over the road of the
Terminal Ry. Association of St. Louis. These
bonds cover the road affording the Illinois Central
R. R. its entrance into St. Louis from the North.
These bonds are outstanding at the rate of
$33,000 per mile.
Underlies—$22,580,000 1st lien Equip. 4s,
all owned by the Ill. Cent. R. R. Co. :
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo,, N. H., N. J., N. Y., R. I.,, Vt. and
is.
Listed on the wee ork Stock Exchange.
é rket.
New York—Herrick & Bennett, Coffin & Co.,
Callaway, Fish & Co., Foster & Adams, Harris,
Forbes & Co., Blodget & Co., Beverly Bogert &
Co., F. H. Hatch & Co. E
Boston—N. W. Harris & Co., R. L. Day & Co.
Chicago—Harris Trust & Savings Bank. i
ILLINOIS CENTRAL RAILROAD CO. Spring-
field Division 1st 334s. Due Jan. 1,
1951.—N..-
See Map 56.
Dated Jan. 1, 1898. Interest payable Jan.
and July 1, at company’s office, 115 Broadway,
New York.
Authorized—$2,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—United States Trust Co.; New York.
Secured. by a first mortgage, executed jointly
by the Illinois Central R. R. Co. and the Chicago
& Springfield R. R. Co. on 6) 111 miles of road
from Gilman to Springfield, Ill.
The passenger service of the Illinois Central
R. R. Co., between Chicago and St. Louis is
operated over this line. These bonds are out-
standing at the rate of $18,000 per mile.
‘Underlies—$35,740,000 Ref’g 4s of 1955.
Bonds are reserved under that mortgage to retire
this issue.
_Legal for Cal., Conn., Fla., Me., a Mich.,
Minn., Mo., N. H., N. J., N. Y., R. L., Vt. and
Wis.
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Blodget & Co.,
Foster & Adams, Callaway, Fish & Co., F. H.
Hatch & Co., Peck, Rasmus & Truesdale.
ILLINOIS CENTRAL RAILROAD CO. St. Louis
Division & Terminal lst 3s & 3)4s. Due
July 1, 1951.—N.
See Map 56. , ‘ ,
Dated Taly 1, 1897. Interest payable Jan.
and July 1, at company’s office, 115 Broadway,
New York. : hi
Authorized—$5,000,000-3s; $10,000,000-3 4s.
Outstanding—$4,998,000-3s; $8,377,000-3 }4s.
Exchanged for Ill. Cent. Ref. 4s and cancelled
—$78,000. —
Denomination—Coupon $500 and_ $1,000.
Registerable as to principal only, or fully regis-
terable.
Trustee—United States Trust Co., New York.
Secured by a mortgage on 239 miles of road as
follows: first mortgage on (8) 175 miles of road
from East St. Louis to El Dorado, Il., and
Marion to Brookport, Ill., a second mortgage on
(9) 34 miles of rdad from Belleville to E. Caron-:
delet and Carbondale to Marion, subject to prior
liens at the average rate of $20,000 per mile and
a third mortgage on (10) 31 miles of road from
Pinckneyville to Carbondale and branch, subject
to prior liens at the rate of $17,600 per mile. The
lines covered by this mortgage afford the Illinois
Central R. R. its entrance into St. Louis from
the south. These bonds are outstanding at the
rate of $56,000 per mile.
Prior Liens—$1,249,000 bonds of absorbed
companies.
Underlies—$35,740,000 Lef’g 4s. Bonds are
reserved under that mortgage to retire this issue.
Legal for Cal., Conn., Mass., Me., Mich.,
Minn., N. H., N. J., N. Y., R. 1., Vt. and Wis.
Listed on the New York Stock Exchange.
Market. is
New York—Herrick & Bennett, G. W. Walker
& Co,, Callaway, Fish & Co., Blodget & Co.,
Foster & Adams, F. J. Lisman & Co., Harris,
Forbes & Co., F. H.' Hatch & Co., Hartshorne &
Battelle, Peck, Rasmus & Truesdale.
Boston—N. W. Harris & Co.
St. Louis—Mercantile Trust Co.
Chicago—Harris Trust.& Savings Bank.
ILLINOIS CENTRAL RAILROAD CO. Omaha
3 Division 1st 3s. Due Aug. 1, 1951.—F.
See eg 56. :
. Dated July 20, 1900. Interest payable Feb.
and Aug. 1, at company’s. dffice, 115 Broadway,
New York. : :
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000. : “
Trustee—United States Trust Co., New York.
Secured by a first mortgage, executed by the
Dubuque & Sioux City R. R. Co. on (5) 133 miles
of road from Tara to Council Bluffs, Ia. These
bonds, which are a direct obligation of the Illinois
Central R. R. Co., are outstanding at the rate of
$37,500 es mile on the road affording the Illinois
Central R. R. Co. its entrance into Omaha, Neb.
Legal for Conn., Cal., Fla., Me., Mass., Mich.,
Mo., Minn., N. H., N. J., R.I., Vt. and Wis.. » ;;
Listed on the New York Stock Exchange. ~
Original Market—$1,000,000 offered in Dec.,
1904, by N. W. Harris & Co., New York, Boston
and Chicago.
Market. ,
New York—Herrick & Bennett, A. E. Fitkin &
Co., Callaway, Fish & Co., McGeorge & Vander-
hoef, Harris, Forbes & Co., Foster & Adams,
Rewbarg & Co., F. H. Hatch & Co., Blodget &
0.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank..
Omaha—City Trust Co.
358
ILLINOIS CENTRAL RAILROAD uC. Western
Lines Ist 4s. Due Aug. 1, 1951.—N.
See Map 56.
Dated ares 1, 1895. Interest. payable Feb.
and Aug. 1, at company’s office, 115 Broadway,
New York...
‘Authorized—$10,000,000.
Outstanding—$5,425,000. -
Denomination—Coupon, $1,000. Registerable
as to principal, only, or fully registerable.
Trustee—United States Trust Co., New York.
Secured. by a first mortgage on (7) 218 miles of
road from Dubuque to Iowa Falls, Ia.,.and Cedar
, La., to Minnesota State Lineat Lyle. This
road forms part of the line affording the Illinois
Central R. R. Co. its entrances. into Omaha,
Minneapolis and Sioux Falls.
outstanding at-the rate of $24,900 per mile.
Legal for Cal., Conn.,.Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., R. I., Vt. and Wis.
Listed on the New York Stock ‘Exchange.
Market.
New York—N. W. Halsey & Co., Blodget &
Co., Sutro Bros. & Co., L. M. Prince & Co.,
A. E. Fitkin & Co., Callaway, Fish & Co., F. He
Hatch & Co., Douglas Fenwick &.Co., Foster &
Adams, Samuel Goldschmidt, Redmond & Co.
Boston—N. W. Harris & Co., R. L. Day & Co.
Chicago—Harris Trust & Savings Bank.
Hartford—Roy P. Crary. ’
ILLINOIS CENTRAL RAILROAD CO. Coll. Tr.
4s. Due April 1, 1952.—N.
See Map 56.
Dated et 31, 1888.
April and Oet. 1
way, New York.
Authorized and Outstanding—$15,000, 000.
Denomination—Coupon, . $1,000 and $500 or
their equivalent in £ Sterling. Registerable as to
principal only, or fully. registerable. ..Registered,
$1,000 or equivalent in £ Sterling. -
Trustee—United States Trust Co., New York.
Secured by a first lien, through the deposit of
seven entire first mortgag e 5% bond issues
of a par value of $16,350,000 on (11) 863 miles of
road as follows: . from Chicago, Il, to Madison,
Wis., and branches to Dodgeville, Wis., from
Champaign to Havana, Ill., and branch to
Decatur; from Leroy, Ill., to W. Lebanon, Ind.,
from Onawa, Ia., to Sioux Falls, S. D., from Man-
chester to Cedar. Rapids, Ia., from Parsons to
Jackson, Miss., with branch to Durant. These
lines include the main line extending westward
from Chicago, and numerous important branches.
These bonds are outstanding at the rate of $17,-
400 per mile. The interest on the bonds deposited
hereunder, which amounts to_$817,500 is figured
in the income of the Illinois Central R. R. Co.
Underlies—$47,740,000 Purchased Lines 3143
and Ref’g 4s. Bonds are reserved under the
latter mortgage to retire some of the issues
deposited hereunder.
Legal for N. H. and R. I...
Listed on the Now York Stock Exchange.
Market. ;
New York—Callaway, Fish & Co., Harris,
Forbes & Co., Chas. H. Jones & Co., Morton,
Lachenbruch & Co., L. M. Prince & Co., New-
borg & Co., Seasongood & Haas, Herrick &
Bennett, Foster & Adams, -Hartshorne & Bat-
telle, John H. Davis & Co., Boissevain & Co.,
Redmond & Co.
bey ag W. Harris & Co., Pingree, MeKin-
ney
Chicago—Harris Trust & Savings Bank.
ILLINOIS CENTRAL RAILROAD co. Pur-
chased Lines Ist 3144s. Due July 1,1952.—F
See Map 57.
Dated ane 30, 1904. Interest payable Jan.
and July 1, at company’s office, 115 Broadway,
New York. :
‘Authorized—$20, 000,000.
Interest payable
, at company’s office, 115 Broad-
These bonds are-
Outstanding—$12,000,000. -
$2 bee Go. for Ill. Cent. Ref. 4s and Cancelled
—$2,662,0
Denomination—Coupon, $1,000. Registerable
as to principal; or fully registerable. Registered,
$1,000 and multiples.
Trustee—United States Trust Co., New York.
Secured by a first mortgage on (3) *386 miles of
road from Pekin, Ill., to Evansville, Ind.;
Matthews, Ill., to Thebes, Ill.;; Sand Ridge, IIl.,
to Johnson City, Ill. and branches; and a second
mortgage on (4) 364 miles of road from Chicago to
Madison and Dodgeville, Wis., and from Ottawa
to Normal‘ Jet. and Minonk Jct., Ill., subject to
prior liens at the average rate of $14,700 per
mile. Bonds-of this issue are outstanding at the
rate of $16,000 per mile.
Prior Liens—$5,338,000 bonds of absorbed
companies, of which $4,370,000 are deposited
as part security for the Ill. Cent. Coll. Tr. 4s of
1952, Bonds are reserved under this mortgage
for their retirement.
Underlies—$35,740,000 ‘Ref’g 4s. Bonds are
reserved under that mortgage to retire this issue.
Legal for Cal., Conn., Me., Mass., Mich.,
Minn:, N. H., N.J., N. ¥., R. 1, Vt. and Wise
Listed on the New York Stock Bxchange.
Original Market—$4,000,000 offered in 1904 by
Speyer & Co. and Kuhn, jgeb & & Co., New York.
arket.
New York—Foster' & ‘Adams, Callaway, Fish
& Co., E. H. Rollins & Sons, N. W. Halsey & Co.,
L. M. Prince & Co., Blodget & Co., Effingham
Lawrence & Co., Harris, Forbes & Co., McGeorge
& Vanderhoef, Babcock, Rushton & Co., Peck,
Rasmus & Truesdale.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank.
Omaha—City Trust Co.
ILLINOIS CENTRAL RAILROAD CO.
ville. Division and Terminal Ist 34s.
July 1, g08-—N-
See Map 56
Dated ept. 15, 1897. Interest payable Jan.
and July 1, at company’s Office, 115 Broadway,
New York.
Authorized—$25,000,000.
Outstanding—$23,888,000.
Denomination—Coupon, $500 and $1,000.
earls as to principal only, or fully register-
able. .
Trustee—United States Trust Co., New York.
Secured under joint mortgage executed by
C., St. L. & N. O. R. R. and the Il]. Cent. R. R.;
by a first mortgage on'(12) 574 miles of road, of
which 120 miles are double-tracked, from E.
Cairo to Elizabethtown, Ky.; from Paducah, Ky.
to Memphis, Tenn., and branches to Hopkinsville
and Owensboro, Ky., and Evansville, Ind., and
on valuable terminals in those cities and elevated
railway in Louisville. The line from Cecilia to
Louisville, Ky. (46 miles) is subject to bonds
of the Louisville & Nashville R. R. Co., maturing
in 1930 and bonds of this issue are reserved to
refund same. This branch has, been purchased
by the Illinois Central R. R. Co., but the lien
of this mortgage has not as yet been extended
to it. These bonds are secured on the road
affording the I. C. R. R. its entrance into Louis-
ville and other important cities in Kentucky and
into Memphis, Tenn., from the north. They
are outstanding at the Tate of $41,600 per mile. ©
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., R. I., Vt..and Wis.
Listed on the New York Stock Exchange.
Market.
New York—L. M. Prince & Co., Effingham
Lawrence & Co., Harris, Forbes & Co., Callaway,
Fish & Co., Blodget & Co., Coffin & Co., Foster
& Adams, A. E. Fitkin & Co., E. & C. Randolph,
Didrichsen & Co., F. H. ‘Hatch & Co., Peck,
Rasmus & Truesdale.
Louis-
Due
359
Boston—N. W.. Harris & Co., Adams & Co.,
Walter S. Place. $
Chicago—Harris Trust & Sav. Bank.
ILLINOIS CENTRAL RAILROAD Co. Louis-
ville, New Orleans & Texas Ry. Coll. -Tr.
4s. Due Nov. 1, 1953.—N.
* See Map 56.
Dated Sapte 1, 1892. Interest payable May
and Nov. 1, at company’s office, 115 Broadway,
New York.
. Authorized and Outstanding—$25,000,000. -
Denomination—Coupon, $500 and $1, 000.
Registerable as to principal only, or fully. register-
able. -Registered, $500 and $1,000. .
Trustee—United States Trust Co., New York.
Secured by a first lien, by deposit ‘of the entire
issues of Louisville, New Orleans & Texas Ry.
Co, - 1st mortgage 4s, 1934 ($16,832,000) and:
income 5s ($9,104,000) and $4,481,
$5,000,000 stock, on (13) 798-miles of road from
Memphis, Tenn., to New Orleans, La., Jackson
-to Natchez, Migs.;.. ‘and numerous branches in
Mississippi. All. of the lines covered by’ this
mortgage are now owned by the Yazos & Missis-
sippi Valley R. R. Co., and include the principal
, Mileage of that road. These lines practically
parallel the eastern shore of the Mississippi
River from Memphis to New Orleans.” These
bonds are outstanding at the rate of $31,200 per
mile. Additionally secured by depbsit of $6,-
653,277 (total outstanding) L., N. O. & T..Land
Grant Income 6s.
Listed on the New York Stock Exchange.
Market.
New York—Harris, Forbes & Co., Newborg
& Co., Redmond & Co., Bull & Eldredge, Korn,
Lehman & Co.,.A. M. ‘Kidder & Co. ., Chas. H.
Jones & Co., L. M. Prince & Co., Seasongood &
Haas, F. J. Lisman & Co., Hartshorne & Battelle,
Foster & AES, Herrick & Bennett, Hartshorne
&-Picabia, E. & C: Randolph, pidsieheen & Co.,
Caneeays Fish & Co.; Beyer & Co., Boissevain
Cc
Boston—N. W. Harris & Co., Pingree, McKin-
ney & Co.
Chicago—Harris Trust & Savings Bank.
ILLINOIS CENTRAL Sa CO. Ref. 4s.
Due Nov. 1, 1955.
See Map 58. '
Dated Nov. 1, 1908. Interest payable May
and Nov. 1, at company's office, 115 Broadway,
New York.
‘Authorized —$120,000,000.
Outstanding—$35,740,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable,
Registered, $1,000 and $10, 000. C. & R. inter-
changeable.
Trustee—Guaranty Trust Co., New. York.
| Redeemable as a whole at 10734 and interest
on any interest date beginning Nov. 1, 1918.
-Secured by a first mortgage on (1) 180 miles of
road from Indianapolis, Ind., to Effingham, IIL.,
and Portage to East Dubuque, Il.; a second.
mortgage on (2) 880 miles of road from Pekin, IIL,
to Evansville, Ind.; East St.. Louis to Eldorado,
Ill.; Matthews to Thebes, -Ill.; Gilman. to
Springfield, Ill., and numerous branches subject
to -prior liens at the average rate of $25,000 per
mile, a third mortgage on (3) 1,100 miles of road
from Chicago to Cairo, - Dubuque to
Centralia, Ill.; Chicago to E, Dubuque, IIl., and
branches to Madison and _ Dodgeville, Wis.;
from Otto to Normal Jct., Ill., and branch, and
other branches subject to priorliens at the aver-
age rate of $28,900 per mile; and a fourth
mortgage on (4) 81 miles of road from Pinckney-
ville to Carbondale, IIll., and branch, subject to
rior liens at the rate of '370, 000 per mile. These
a eover the entire mileage of the Illinois
Central R. R. Co. located north of the Ohio
River and east of the Mississippi River, includ-
360
000 of the
ing-2,190 miles ‘of road, on which bonds'of this
issue are secured at the rate of $15,400 per mile,
Prior Liens—$57,479,000 divisional bonds, to
retire which bonds are reserved under this mort-
gage. -All divisional mortgages are closed, except-
ing two under which, about $7, 900, 000 More
bonds may be issued.
Legal for Cal., Conn., Me, Mass. a5 “Mich,
Minn.; .N. H., N. "J., N. ¥., R. I, Vt. and Wis.
Listed on the New York Stock Exchange.
Original Market—$20,000,000 offered in 1908
by Kuhn, Loeb & Co., New York, ‘and $10,000, 000
offered in 1911 at'96)4 and interest.
Market.
New York—Plympton, Gardiner = a Guar-
anty Trust Co., Kuhn, Loeb & Co., & C. Ran-
dolph, Freeman & Co., L. M. eee & Co.,
Struthers & Hiscoe, Coffin & Co., Wm. A. C.
Ewen, Douglas Fenwick & Co., Robinson & Co. ms
Crawford, Patton & Cannon,. ‘A. D. Converse &
Co., Harvey Fisk & Sons, Redmond & Co.,
N. W. Halsey & Co., Harris, Forbes & Co., Foster
& Adams, Ladd & Wood, Clark, Dodge & Co.,
Herrick & Bennett, Low, Dixon .& Co., Newborg
& Co., Seasongood & Haas, Gude, Winmill & Co.
Chicago—Harris Trust & Sav. Bank, Illinois
Trust & Sav. Bank, Northern Trust Co., .”
Boston—Kidder, Peabody & Co., N. W. Harris
& Co., Tucker, Anthony. & Co.
Philadelphia—E. B. Smith & Co.
Omaha—City Trust Co.
ILLINOIS CENTRAL RAILROAD CO. AND
CHICAGO, ST. LOUIS & NEW ORLEANS
RAILRQAD CO.. Joint Ist & Refg. 5s.
Due eer 1, 1963.—N.
See Ma
Dated Cae 1, 1913. Interest payable
June 1 and December 1. Interest on Dollar
Bonds payable: at company’s office, New York,
and on Sterling Bonds at Baring Bros. & Co.,
London. |.
Authorized—$120,000,000.
Outstanding —$28, 348, 100 Series “A” £1,000,-
000 Series “‘B.”*
Denomination—Series ‘‘A’’ Coupon $500 and
$1,000. Registerable as to. principal only or
fully registered. Registered bonds exchangeable
for coupon bonds.
Series ‘‘B’’—Coupon £100 and £200.
Trustee—The Farmers’ Loan & Trust Cos
New York.
Redeemable—Each series redeemable as a
whole on any interest date after December 1,
Secured by a second mortgage on (1) 1,512
miles of road of which 300 miles is double-tracked
from the Illinois side of the. Ohio. River at Cairo
to New Orleans, La., from East Cairo to Eliza-
bethtown, Ky., with branches to’ Evansville, Ind.,
Owensboro and -Hopkinsville, Ky., and from
Paducah, Ky., via Memphis, Tenn., to Grenada,
Miss., and on valuable terrhinals in several cities,
subject to prior liens at the average rate of $35,-
300 per mile. Bonds of this issue are outstanding
at the rate of $6,500 per mile.
Prior Liens—$53,320,000 divisional bonds.
Gross Earnings, 6/30/ 14 . $28,253,117
Net Harnings.......... 8,585,598
Annual interest on bonds 3, 664, 642
Earnings included in Ill. Cent. report.
Legal for N. H. and R.
Original Market—Offered by Kuhn, Loeb &
Co., New York in 1914 at par and _ interest.
$10,000,000 offered in weet 1915, at 99 and in-
terest by Harris, Forbes: & Co., Clark, Dodge &
Co. and William A. Read & Co., New. York.'.
Market.
New York—Kuhn, Loeb & Co., Redmond. &
Co., Kean, Taylor & Co., Peck, Rasmus
Truesdale, Struthers & Hiscoe, H. P. Taylor &
Co., Wood, Struthers & Co., Bigelow & Co.,
Seasongood & Haas.
Philadelphia—E. W. Clark & Co., Cassatt &
Co., Graham & Co., Harper & Turner.
Pittsburg—H.' B. Taylor & Co.
Buffalo—H. P. Taylor & Co.
Boston—Kidder, Peabouy & Co.
Chicago—Harris Trust & Savings Bank.
ILLINOIS CENTRAL RAILROAD CO. Equip*
s, Series ‘‘A.”” Due $400,000 each Feb:
and Aug. Ist to Feb. 1, 1923, inclusive.—F-
Dated February 1, 1913. Interest payable
Feb. and Aug. 1, at New York.
Authorized —$3, 000,000.
Outstanding—$6, 400, 000.
Balance Redeemed.
Denomination—Coupon, $1,000.
as to principal.
_iinetes--vomrsencial Trust Co., Philadelphia,
Registerable
"Redeemable at 10244 and interest on any
interest date on 90 days’ notice.
- Secured by an equipment trust agreement, on
135 locomotives, 58 passenger cars, 52 baggage
and mail cars, 5,000 gondola cars, 500 flat cars
and 30 cabooses, costing $9,413,080 of which,
$1,413,080 was ae in cash.
roe for N. H
a Market—Offered in 1918, by Kuhn,
Loeb & Co., New York.
Market.
New York—Seasongood & Haas, Knauth,
Nachod & Kuhne, Rhoades & Co., Guaranty
Trust Co., Newburger, Henderson & Loeb, Bull
& Eldredge, Coggeshall & Hicks, Struthers &
Hiscoe, Freeman & Co.
Philadelphia—Geo. S. Fox & Sons, S. K.
gales. Elkins, Morris & Co., W. H. Newbold’s
Son & Co., Chas. Fearon & Co., Henry & West,
Graham & Co., Townsend Whelen & Co.
ILLINOIS CENTRAL RAILROAD Equip. 5s,
Series ‘‘B.” Due $175,000 each February
1 and August 1 to August 1, 1923.—F.
Dated August 1, 1913. Interest payable Feb-
ruary 1 and August 1, at company’s office,
New York or Trustee’s office.
Authorized—$3,500,000.
‘Outstanding—$2,975,000.
Balance Redeemed.
Denomination—Coupon and registered, $1,000.
Coupon bonds registerable as to principal. C. &
R. interchangeable.
Trustee—Union Trust Co., Pittsburgh, Pa.
Secured by an equipment trust agreement on
30 passenger, baggage, mail and dining cars, 500
fruit cars, 1,000 gondola cars, 500 stock cars, 700
furniture éars and 500 refrigerator cars, costing
$4,375,000, of which $850,000 was paid in cash.
Legal for N. H.
Market.
en York—Seasongood = Haas, Kuhne, Loeb
& Ca., Kissel, Kinnicutt & Co., Byrne & Mc-
Donnell, Freeman & Co., Guaranty Trust Co.
Bull & Eldredge, Coggeshall & Hicks, Struthers
& Hiscoe.
Philadelphia—Geo. S. Fox & Sons, s. K. Phil-
lips, Graham & Co.
Boston—Old Colony Trust Co.
ILLINOIS CENTRAL RAILROAD CO. 44%
Equips., Series ‘‘C,” Due $94,000 each
April and October 1 to April 1, 1925.—
Dated April 1, 1915. Interest payable April
1 and October 1.
Authorized—$1,980,000.
Outstanding—$1,980,000.
Denomination—Coupon, $1,000.
as to principal] only.
Trustee—Commercial ae Co., Philadelphia.
Redeemable on April 1 , 1920, or any interest
date thereafter at 102}4 and interest.
Secured by an equipment trust agreement
on 50°’Mikado locomotives, 25 switching loco-
861
Registerable
motives, and 1,000 steel underframe refrigerator
cars.
ILLINOIS oRnansy TRACTION CO.
5s. Due Dec. 1, 1933.—F.
Dated December 1, 1903.
June and Dec. 1, at Boston.
Authorized—$2,000,000.
Outstanding—$1, 370, 000.
Held in Sinking Fund—$99, 000
Denomination——Coupon, $1, 000.
as to principal.
Trustee—City Trust Co., Boston.
-Redeemable at -107}4 and interest on any
interest date on 60 days’ notice.
Sinking Fund—A sinking fund of 10% of net
earnings with a minimum of 1% of bonds out-
standing, became operative Dec. 1, 1908.
Guaranteed principal and interest, uncondi-
tionally, by the Illinois Traction Co.
Organization and Control—Incorporated in .
Illinois in 1908. All of the stock is owned by the
Illinois Traction Co.
Secured by a first mortgage on 40 miles of
interurban road between Decatur and Springfield,
Ill. Population served, 100,000. Road is built
on private right of way. This road connects the
lines of the Illinois Traction Company’s system
east of Decatur, with those into St. Louis. Current
is sold to the local companies supplying three
towns with a population of 4,000.
Underlies—$746,000 Gen. ’bs and 6s.
Net Earnings, 6/30/12 $97,897
-Interest and taxes............- 101,104
The surplus of the Illinois Traction Company’ ‘3
combined properties, after payment of all
interest, for the year ended Dec. 31, 1913, was
$1,262, 223.
Original Market—Offered in 1906, by Julius
Christensen & Co., Philadelphia.
Market.
Philadelphia—Samuel K. Phillips, Oscar R.
Dare, G. N. Fleming.
Providence—Bodell & Co.
-Chicago—Hulburd, Warren & Chandler.
New York—E. & C. Randolph, H.- F. Bach--
age & Co., Leonard Snider & ‘Co., Kirkpatrick
ewis,
Boston—Bodell & Co.
Ist
Interest payable
Registerable
ILLINOIS NORTHERN UTILITIES CO. Ist &
Ref. 5s. Due April 1, 1957.—F.
Dated April 1, 1912. interest payable April
and Oct. 1, at Chicago, Tl he,
-Authorized—Unlimited.
Outstanding—$2,522 ON
Held in Treasury—$200, :
Deposited as Collateat $087,0
Denomination—Coupon, $1, Ob0. agente
as to principal.
Trustee—Illinois Trust & Savings Bank,
Chicago.
‘Redeemable at 105 and interest on any
interest date upon 60 days’ notice.
Organization and Control—Incorporated in
Illinois in 1912 and is a subsidiary of the Middle
West Utilities Company.
Secured by a first mortgage on gas plantslocated
in Belvidere, Dixon, Morrison and Mendota,
Illinois, 2 second mortgage on gas plants located
in De Kalb and Sterling, Ill., and a first mortgage ©
on electric plants, supplying some forty cities
and, towns, including those above-mentioned.
These oe supply gas to communities located
in northwestern Illinois. Population served by
gas 40,000; by electricity 60,000. Further
secured by the deposit of entire capital stock
and first mortgage bonds, $300,000 and $432,000
Tepectively, of the Sterling, Dixon & Eastern
El. Co., owning five miles of street railway
in Stoling and Dixon, IIl.,. and interurban line
11 miles long between those cities. Some fran-
chises are perpetual, and others without time
limit. No franchises expire prior to 1921, and
none in larger towns prior to 1930.
Prior Liens—$449,000 bonds of absorbed
companies.
Net Earnings, 12/31/14.......... $339,703
FRO a csern tixsonic mms ncenaasaumaw 176,154
_ Original Market—Offered n 1912, by N. W.
Halsey & Co., and Russell, Brewster & Co., New
York, etc., at 95 and interest.
Market.
Chicago—Peoples’ ‘Trust & Savings Bank,
Ft. Dearborn Trust & Savings Bank, Northern
Trust Co., Chicago Savings Bank & Trust Co.,
Russell, Brewster & Co., The National Bank of
the Republic, N. W. Halsey & Co., Stanwood,
aoe & bq Haber, Rushton & Co., McCoy
0. :
New York—Russell, Brewster & Co., John W.
Christiansen. : :
Cincinnati—Rudolph Kleybolte & Co.
ILLINOIS SOUTHERN RAILWAY Ist 5s.
June 1, 1951.—F.
See Map 23.
Dated June 1, 1911. Interest payable June
1 and December 1, at First Trust & Savings
Bank, Chicago.
Authorized—$3,000,000.
Outstanding—$1,734,000. ot
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—First Trust & Savings Bank, Chicago,
and Festus J. Wade, St. Louis, Mo.
_ Redeemable on any interest date at 105 and
Interest. at
Organization—Incorporated in Illinois in 1900.
A financial reorganization was effected in 1911.
In 1918 holders of $1,528,000 bonds cancelled
the Dec. 1, 1913, June 1 and Dee..d, 1914, cou-
pons and holders of the remaining bonds can-
celled the June 1 and Dee. 1, 1914, coupons.
Secured by a first mortgage on (6) 137 miles of
road from Salem to Kellogg, Ill., and Little
Rock Landing to Bismarck, Mo:, with transfer
steamer for Mississippi River crossing and
branches. These bonds are outstanding at the
rate of $12,700 per mile.
Underlies—$1,380,000 Income 5s.
Net Earnings, 6/30/14 .. $109,420
Interest and taxes............... 130,519
Market.
Chicago—Hulburd, Warren & Chandler.
Due
ILLINOIS STEEL COMPANY Deb. 44s. Due
April 1, 1940.—F.
Dated April 1, 1910.
and Oct. 1, at New York.
Authorized—$30,000,000.
Outstanding—$18,614,000.
Denomination—Coupon, $1,000.
as to principal. Registered, $1,000,
$10,000, $50,000, $100,000, $1,000,000.
nterchangeable.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on April 1,
1915, or on any interest date thereafter upon
two months’ notice.
Guaranteed principal and interest uncondi-
tionally, by the United States Steel Corporation
by endorsement.
Control—All of the stock is owned by the
Federal Steel Co., all of whose stock is owned by
the United States Steel Corporation. .
Security—A direct obligation of the company
but not a mortgage. The company has no
mortgage or floating debt, and covenants that it
will not place any mortgage on its property
without equally securing these debentures. The
iron and steel plants of the Illinois Steel Co. are
located at South Chicago and Joliet, Ill., and
Milwaukee, Wis., and extensive blast furnaces,
coke plants, blooming and rolling mills, rail
Interest payable April
Registerable
$5,000,
cC.&R.
mills, plate mills and other plants. The com-
pany also owns extensive cement plants, oper-
ated by another company, and _ all of the stock
of the Chicago, Lake Shore & Eastern Ry.. Co.,
which owns 480 miles of track connecting the
various properties of the Illinois Steel Co., and
equipped with 160 locomotives and 9,200 freight
cars. The company also operates under lease
the Gary plants of the Indiana Steel Company.
The output of the company forms about 20% of
the total output of the United States Steel Cor-
poration.
Listed on the New York Stock Exchange.
Original Market—Offered in 1911, by J. P.
Morgan & Co., Lee, Higginson & Co., and Kissel,
Kinnicutt & Co., New York, at 954 and interest
and in 1912 by the same firms at 92 34 and interest
Market.
New York—White, Weld & Co., Curtis &
Sanger, H. Duncan Bulkley, Lee, Higginson &
Co., Babcock, Rushton & Co., Jackson & Curtis,
Low, Dixon & Co., C. H. Hensel, H. P. Taylor
& Co., Gude, Winmill & Co.
Boston—Edgerly & Crocker, Walter S. Place,
F. S. Moseley & Co., Hornblower & Weeks.
Cincinnati—Fifth-Third National Bank.
Chicago—King, Farnum & Co., Union Trust
Co., Harris, Winthrop & Co.
Pittsburgh—Moore, Leonard & Lewis, H. P.
Taylor & Co.
Philadelphia—Graham & Co.
St. Lewis—Bowman, Cost & Co.
Buffalo—H. P. Taylor & Co.
ILLINOIS VALLEY RAILWAY CO. Ist S. F.
5s. Due Sept. 1, 1935.—F.
Dated Sept. 1, 1905. Interest payable Mar.
and Sept. 1, at New York.
Authorized—$2,000,000.
Outstanding—$1,269,000 (Closed mortgage).
Held in Sinking Fund—$231,000.
Cancelled—$500,000.
Denomination—Coupon, $500 and $1,000.
Trustees—Portland Trust Co. and Theo.
Gould, Portland, Me.
a Redeemable at 105 and interest on any interest
late.
Sinking Fund—An amount equal to 14%
annually of outstanding bonds, to be applied
to the purchase or redemption of these bonds at
not over 105 and interest. Bonds so acquired
oe ne kept alive and interest added to sinking
und.
Assumed by the Chicago, Ottawa & Peoria
Ry. Co.
Guaranteed principal and interest by the
Western Rys. & Light Co. by endorsement.
Organization and Control—Absorbed by the
Chicago, Ottawa & Peoria Ry. Co., which is
controlled through ownership of all the capital
stock by the Illinois Traction Co.
Secured by a first mortgage on 61 miles of
interurban electric railway between Princeton
and Seneca, Ill. Population served, 61,000.
Built on private right of way except in towns
where franchise runs to 1951.
Underlies—$2,918,000 C., O. & P. Ry. Ist
Cons. & Ref. 5s of 1938.
Net Earnings, 12/31/12......... $118,352
Surplus W. Rys. & Lt. Co., avail-
able on account of Bar Ente: 12/81/14 $373,734
arket.
Providence—Bodell & Co.
Chicago—Hulburd, Warren & Chandler, Wol-
lenberger & Co.
Portland—Chester H. Pease.
New York—E. & C. Randolph, Bigelow & Co.
Boston—Bodell & Co.
INDEPENDENT BREWING CO. OF PITTS-
BURGH Ist 6s. Due July 1, 1955.
Tax ora in Pennsylvania.
Dated Feb. 9, 1905. Interest payable Jan.
and July 1, at Colonial Trust Co., Pittsburgh.
362
Authorized—$4,500, $00.
Outstanding—$3, 997,0
Retired by Sinking Fand—$219, 000.
Held in Treasury—$284,
Denomination—Coupon, aT 000.
Sinking Fund—Began Dec. 1, 1911. Pay-
ments are applied to the purchase of bonds at
not exceeding 105 and interest.
Organization—Incorporated in Pennsylvania
in 1905.
Secured by a mortgage on 16 breweries located
in the vicinity of Pittsburgh, Pa. Annual
capacity, 1,000,000 barrels of beer.
Prior Liens—$45, 000 bonds of constituent
companies.
Net Earnings, 10/17/14........ $1,205,601
Tntereats. i osicd Licaisee 8B ess Gates ere: i088 251,
Dividends and depreciation..... 596,961
Listed on the Pittsburgh Stock Exchange.
Market.
Pittsburgh—Ballard & McConnel, H. P. Tay-
lor & Co., Speer Bros. & Co., Donner, Child &
Woods.
St. Louis—Altheimer & Rawlings Invest. Co.
Buffalo—H. P. Taylor & Co
New York—H. P. Taylor & Co.
INDIAN REFINING CO. Ist Serial 6s. Due
$200,000 each April and Oct. 1, to 1916, in-
clusive and $300,000 thereafter ‘to 1921.—F.
Dated April 1, 1911.
and Oct. 1, at Trustee’ 8 office.
Authorized—$5,000,
Gutsierding: t¢2 188.000:
Held in Treasury—$212,000.
Retired by Sinking Fund—$1,777,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole or for sinking fund at
bar and interest on any interest date on 45 days’
notice.
Sinking Fund—60% of the net value of oil
Poo (gross value not less than 50c. per
arrel), such payments must aggregate $500,000
per annum but need not exceed $250,000 quar-
terly. Upon issue of additional bonds, payments
to the sinking fund are to be increased in pro-
partion to the additional issue. This fund is to
e applied to the payment of bonds as they
mature. Any sums aboye the amount so re-
quired are to be applied to the purchase or
redemption of these bonds at not over 102 and
interest. Bonds so acquired to be cancelled.
Organization—Incorporated in Maine in
1905 as a consolidation of the Indian Refining Co.
of New York, the Bridgeport Oil Co., Havoline
Oil Co. and Record Oil Refining Co. The com-
pany is engaged in the manufacture and trans-
portation of gasoline, kerosene, fuel and coal oil.
A Sneneisl reorganization was effected in 1913 and
$2,550,000 7% serial notes were subscribed to by
stockholders at 85.
Secured by a first mortgage on refineries at
Lawrenceville, Ill., Georgetown, Ky., and New
Orleans, La., where the company manufactures
all kinds of petroleum products. Daily capacity
of plants, 13,500 barrels.
Underlies $1,484,600 2nd mortgage 7%
notes, due semi-annually 1914 to 1918.
Net Ha “after Interest,
V2VBV INA ir sisiciee, tae wae a 3 Au $1,036,799
As of bee, 31, 1918, the company had an
accumulated deficit of 32, 714,87
Original Market—Offered id “1911, by Hall-
garten & Co., New York, and Weil; Roth
& Co.,: Cincinnati, at 101 for 1912 series; 100
for 1918 series and par and interest for the
. Temainder.
Market.
New York—J. S. Bache & Co., F. H. Hatch
£ ao Rauscher & Childress, Whittemore, Pell
0.
Boston—Hotchkin & Co.
and
Interest payable April
» Albany—Horace S. Bell. .
Chicago—Wollenberger & Co.
INDIANA & MICHIGAN ELECTRIC CO.
1st 5s. Due Aug. 1, 1957.—F.
Dated August 1, 1907. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized—$7,000,000. -
Outstanding—$5,254,000.
~ Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 108 and interest on Aug. 1,
1922, or any interest date thereafter.
Organization—Incorporated in Indiana in
1907, as a consolidation of several electric
properties.
‘Secured by a first mortgage on plants sup-
plying electricity in Elkhart, Goshen, South
Bend and Mishawaka, Ind., ‘Niles, Buchanan,
St. Joseph and Benton Harbor, Mich., and nu-
merous smaller towns. Principal generating
plants are hydro-electric. Population served,
130,000. Franchises for the most part were per-
petual, but in September, 1914, the company
surrendered its franchises in Indiana and accepted
indeterminate permits from the Public Service
Commission of that state. :
Net Earnings, 4/30/14........... $530,282
Interest... 0... cc eee cen cea 262,700
Original Market—Offered in 1912, by a. OL.
Crawfotd & Co., New ao at 99 and interest.
arket.
New York—H. L. Crawford & Co., Dewing &
Co., E. & C. Randolph, S. L. Snowden, Harris
Forbes & Co., Gude, Winmill & Co.
Chicago—Alfred L. Baker & Co., Hulburd,
Warren & Chandler, National Bank of the Re-
pe Union Trust Co., Harris Trust & Savings
Hartford—Conning & Co. .
Milwaukee—First Savings & Trust ‘Go.
INDIANA, BLOOMINGTON & WESTERN
RAILWAY CO. Preferred ist ' 4s. Due
April 1, et
See Map 42.
Dated ‘April 15, ‘1879. Extended Jan. 1, 1900,
interest being reduced from 7%. Interest pay-
able April and Oct. 1, at J. P. Morgan & Co.,
New York. a
Authorized—$1, 000, 000.
Outstanding—$982, 500.
Denomination—Coupon, f10e, $500 and $1,000.
Registerable as to priaetbe ae
Trustee—Central Trust Co., New York.
Sinking Fund—$15,000 per annum as a sinking
fund for the purchase of these bonds at not
exceeding 105, or at such additional price as the
company shall direct, but in the absence of such
instructions the Trustee shall invest said funds
in first class securities.
Assumed by the Peoria & Eastern Ry. Co.
Guaranteed as to interest by: the C., C., C. &
St. L. Ry. Co. under terms of lease.
Organization—Absorbed by the Peoria &
Eastern Ry. Co. The Cleveland, Cincinnati,
Chicago & St. Louis Ry. Co.owns one share
more than one-half of the stock of the latter
company and leases the property to April 1, 1940.
Secured by a first ra on (2) 202 miles of
road from Indianapolis, to Pekin, Ill.
These bonds are outstanding at the rate of $4,900
per mile.
Underlies—$13,000,000 Ohio, Ind. & Wn. 5s
of 1938, P. . Cons. 4s of 1940, and P. & E.
income 4s of 1900. Bonds are reserved under the
P. & E. Cons. Mortgage to retire this issue.
Net Earnings, P. & E., Lee « $577,892
Legal for Cal., Me. and
Listed on the New York Stock Exchange.
Market. :
New York—McGeorge & Vanderhoef, Ladd
& Wood, Wm. A. C. Ewen, Didrichsen & Co.
Registerable
363
INDIANA, COLUMBUS & EASTERN TRACe
TION CO. Gen. & Ref. 5s. Due May 1,
1926.—F.
Dated May 1, 1906. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$6,400,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives & Granting Annuities, Phila-
delphia.
Redeemable as a whole at 105 and interest on
any interest date after May 1, 1911.
Guaranteed as to interest under terms of lease
by the Ohio Electric Ry. Co.
Organization and Control—Incorporated in
Ohio in 1906, and has absorbed a number of
interurban properties. All of the common
stock is owned by the Ohio Electric Ry. Co.,
which leases the property at a rental equivalent
to interest, taxes and 5% on the $1,000,000
preferred stock. 7
Secured by a first mortgage on 162 miles of
road from Dayton to Union City, Ohio, Urbana
to Defiance, Ohio, and Columbus to Orient, Ohio,
and a second mortgage on 91 miles of road from
Dayton to Columbus, Ohio, and Springfield to
Urbana, Ohio. These lines are a very important
part of the lines comprising the Ohio Electric
Ry. Co.’s system, which extends from _Cincin-
nati to Indianapolis and Fort Wayne, Indiana,
and Toledo and Zanesville, Ohio. In addition
to the lines covered by the mortgage, the I., C.
& E. Trac. Co. leases the Columbus, Newark &
Zanesville El. Ry. Co., owning 90 miles of street
and interurban railway, from Zanesville to
Columbus, Ohio, including the city lines in
Newark and Zanesville. These lines are subject
to $4,600,000 bonds, and the C., N. & Z. El. Ry.
Co. has outstanding $500,000 preferred stock
and $1,525,000 common stock, the latter
being deposited as additional security for this
mortgage. The I., C. & E. Traction Co. also
leases the Dayton & Western Trac. Co. owning
37 miles of road from Dayton, Ohio, to Richmond,
Ind. The population served by the lines directly
covered by this mortgage is 465,000. Practically
all of the road, outside of cities, is on private
Registerable
right-of-way.
Prior Liens—$1,250,000 5% bonds of absorbed
companies.
Net Earnings, 12/31/11......... $517,824
Tnterest sg wise ces seavs sie x sedans a weesowears. 337,636
Listed on the Philadelphia Stock Exchange.
Original Market—Offered in 1906 by Drexel
& Co., Philadelphia, and E. H. Rollins & Sons,
Boston, at 97 and interest.
‘Market.
Boston—F. W. Mason & Co., Adams & Co.,
Geo. L. Ware, Hotchkin & Co., L. Sherman
Adams.
Chicago—Hulburd, Warren & Chandler.
New York—Newburger, Henderson & Loeb,
Curtis & Sanger, L. F. Hepburn, F. H. Hatch &
Co., Burgess, Lang & Co., Coffin & Co., Bigelow
& Co., E. & C.' Randolph, R. B. Hathaway & Co.,
Powing & Co., Adams & Co., Kirkpatrick &
ewls.
Philadelphia—Elkins, Morris & Co., Samuel K.
Phillips, Geo. N. Fleming, E. B. Smith & Co.,
Drexel & Co., Penington, Colket & Co., C. C.
Harrison, Jr., & Co., Reed & Huntoon, Henry &
West, W. H. Newbold Son & Co. M. M Free-
man & Co., Oscar R. Dare, Mellor & Petry.
INDIANA COUNTY (PA.) ST. RAILWAYS Ist
5s. Due 1938.—F.
Dated, 1908.
Authorized—$1,000,000.
Outstanding—$760,500.
Organization—Incorporated in_ Pennsylvania
as a consolidation of the Indiana Clymer & Creek
Side Street Ry. Co., the Indiana County Rys. Co.
364
and the Indiana, Punxsutawney & Sagamore
Street Ry. Co.
Secured by a first mortgage on 36 miles of
electric railway in Clymer, Homer City and
neighboring towns in Western Pennsylvania,
Population served, 5,000.
Net Earnings, 6/30/13 $42,112
Interest............- 39,327
INDIANA, DECATUR & WESTERN RY
CO. ist 5s. Due Jan. 1, 1935.—F.
See Map 38,
Dated Nov. 1, 1895. Interest payable Jan.
and July 1, at Central Trust Co., New York.
July 1, 1914 and subsequent interest in default.
Authorized—$1,824,000 and $12,000 per mile
additional.
Outstanding—$3,162,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Central Trust Co., New York, and
Augustus I. Mason.
Redeemable at 110 and interest on eight weeks’
notice.
Assumed by the Cincinnati, Indianapolis &
Western Ry. Co.
Guarantee—$933,000 of the bonds outstand-
ing, Nos. 1825 to 2757, are guaranteed principal
and interest by the Cincinnati, Hamilton &
Dayton Ry. Co. by endorsement. :
Organization and Control—Absorbed by the
Cincinnati, Indianapolis & Western Ry. Co.,
all of whose stock is owned by the Cincinnati,
Hamilton & Dayton Ry. Co. The C., H. & D.
Ry. Co. is in hands of receiver.
Protective Committee—William A. Read, J.
A. Barnard, Henry E. Cooper, Frederick H.
Ecker, George K. Johnson, H. F. Whitcomb,
Albert H. Wiggin and L. Edmund Zacher.
Secretary, E. Mowle, 28 Nassau St., New York.
Depositary, Equitable Trust Co., New York.
Secured by a first mortgage on (2) 282 miles of
road from Indianapolis, Ind. to Springfield, Ill.,
and from Sidell to West Liberty, Ill., forming the
Western extension of the Cincinnati, Hamilton &
Dayton Ry. system. These bonds are out-
standing at the rate of $16,700 per mile.
Underlies—$4,722,000 Cin., Ind. & Westn. Ry.
Ast & Ref. 4s of 1953.
Refunding—Bonds are reserved under C.,H. &
D. 1st & Ref. mortgage of 1959 to retire this issue.
Legal for Maine.
Listed on the New York Stock Exchange.
Market.
New York—McGeorge & Vanderhoef, F. H.
Hatch & Co., Korn, Lehman & Co.
Registerable
INDIANA GAS LIGHT CO. Ist Lien 6s. Due
Nov. 1, 1915.—F.
Dated Nov. 1, 1912. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$200,000.
Outstanding—$200,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
irnstes—Centtal Trust Co. of
Chicago.
Redeemable on any interest date at 101 and
interest.
Secured by deposit of entire issue $300,000
1st 5s. These bonds are secured on plants sup-
plying Tipton and Noblesville, Ind., with gas.
ompany plans to erect new plant for supplying.
Population, 1910,
Niinois,
both cities from one plant.
Noblesville, 5,078; Tipton, 4,075. Franchise
in Noblesville expires in 1936; in Tipton in 1941.
Net Earnings, 12/31/13.......... $24,006
Enterest ic 5. cise a v tage sre oecarna + greets
Original Market—Offered by Elston, Clifford
& Co., Chicago, at par and interest, Dec., 1912.
arket.
Chicago—Ft. Dearborn Trust & Savings Bank.
Elston, Clifford & Co.
INDIANA HARBOR & EAST CHICAGO
ELECTRIC CO. 1st 5s. Due Oct. 1, 1927.
Dated Oct. 1, 1907. Interest payable April 1
and Oct. 1, at Central Trust Co. of Illinois,
Chicago. 5
Authorized—$500,000.
Outstanding—$128,500.
Cancelled—$371,500.
Denomination—Coupon, $500.
as to principal.
Trustee—Central Trust Co. of
Chicago.
Redeemable at 105 and interest on any interest
Registerable
Illinois,
date.
Sinking Fund—Annually beginning Aug. 15,
1917, 1% of outstanding bonds for the purchase
or redemption of these bonds at not exceeding
105 and interest.
Organization and Control—Absorbed by the
Northern Indiana Gas & Electric Co., which
is controlled by stock ownership by the United
Gas Improvement Co. s
Secured by a first_mortgage on an electric
lighting plant serving East Chicago and Indiana
Harbor, . Indiana. Population, 25,000. Fran-
chise expires in 1932. :
Underlies—$4,719,000 Nor. Ind. G. & E. Co. 5s.
Original Market—$100,000 offered in March,
1908, by C. H. Geist & Co., Philadelphia, and
Kennett, Cowan & Co., Chicago.
. Market.
Philadelphia—Woelpper & Co., Reed A.
Morgan & Co., S. K. Phillips, Oscar R. Dare.
Chicago—Kennett, Cowan & Co.
INDIANA HARBOR BELT RAILROAD CO.
Gen. 4s and 3s. Due July 1, 1957.—F.
See Map 1384.
Dated Nov. 1, 1907. Interest payable Jan.
snd July 1, at Grand Central Terminal, New
ork.
Authorized—$25,000,000.
Outstanding—$1,725,000 4s.
$2,500,000 2s~4s. i
The ‘‘2s-4s” bore 2% for first five years, will
pay 3% to Nov. 1, 1917 and 4% thereafter, and
are all owned by the Chicago Junction & Union
Stock Yards Co. .
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
ered, $1,000, $5,000 and multiples of $5,000.
Cc. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and interest jointly and
severally by the Lake Shore & Michigan Southern
Ry. Co. and the Michigan Central R. R. Co.
The Chicago & Northwestern Ry. Co. and the
Chicags, Milwaukee & St. Paul Ry. Co. agree to
protect these guarantors to the extent of 20%
each of their guarantee. '
Organization—Of the capital stock 30% is
owned by the Lake Shore & Michigan Southern
Ry. and the Michigan Central R. R. each, and
20% is owned by each of the Chicago & North-
western Ry. and the Chicago, Milwaukee &
St. Paul Ry. ;
Secured by a first mortgage on (4) 17 miles and
a second mortgage on (5) 26 miles of belt line
railway in and around Chicago. The company
operates some 170 miles of terminal track in the
vicinity of Chicago. These lines connect vir-
tually all the railroads entering Chicago.
Prior Lien—$2,500,000 Chi., Hammond &
West. 6s.
Net Earnings, 12/31/14... $934,180
Interest é is 294,000
Other Charges...........- Sis 988,076
Legal for N. H. and R. I.
Listed on the Boston Stock Exchange.
INDIANA, ILLINOIS & IOWA RAILROAD CO.
ist 4s. Due July 1, 1950.—F.
See Map 83. :
Dated July 1, 1900. Interest payable Jan.
865
7 July 1, at Grand Central Terminal, New
ork.
Authorized—$12, 000,000.
Outstanding—$4,850,000 (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal. .
Trustees—Illinois Trust & Savings Bank,
Chicago, and Jos. D. Oliver.
Assumed by the New York Central R. R. Co.
Sante —ibeerbed by the New York Central
. Co.
Secured by a first mortgage on (5) 206 miles of
road from South Bend, Ind., to Churchill, Il.
These bonds are outstanding at the rate of
$23,500 per mile.
Underlies—$240,000,000 Chicago, Ind. &
Southern 4s, 1956, and N. Y. C. R. R. bonds.
Net Earnings, 12/31/13. «++ $1,173,096
Interest, etc.......... 1,291,474
This issue......... 5
Listed on the New York and Boston Stock
Exchanges.
Legal for Me. and Mo.
Original Market—$4,500,000 offered in Jan.,
1901, by Redmond & Co. and Lee, Higginson &
Co., of New York at 9734 and interest.
Market.
New York—Redmond & Co., McGeorge &
Vanderhoef, Coffin & Co., Bigelow & Ca.,
Hartshorne & Battelle, Rauscher & Childress,
Samuel Goldschmidt, Crawford, Patton &
Cannon, Whittemore, Pell & Co., Wood, Struthers
& Co., Dominick Bros. & Co.
Philadelphia—E. W. Clark & Co., Reed A.
Morgan & Co.
Portland—Chas. H. Gilman & Co.
Drea oe CO. ist 4s. Due Aug.
Dated Aug. 1, 1908. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$2,984,000.
Held in Treasury—$627,000.
Retired by Sinking Fund—$16,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Redeemable as 2 whole at 102 and interest
on and after Feb. 1, 1914, or for Sinking Fund
on any interest date on four weeks’ notice. ;
Sinking Fund—Beginning Aug. 1, 1909, 2% of
net earnings per annum for purchase or redemp-
tion of bonds at not to exceed 102 and interest.
Bonds to be cancelled. :
Organization—Incorporated in Indiana in 1908.
Secured by a first mortgage on plants supplying
gas to Fort Wayne, Decatur, Bluffton, Lafayette,
Logansport, Peru, Wabash, Frankford, Craw-
fordsville, Ind., Lima, Ohio, and other towns, and
on plant distributing electricity in Lafayette,
Ind. Population served, 200,000. Supplies
natural and artificial gas.
Franchises for gas in Lafayette, Decatur and
Peru and for natural gas in Lima are unlimited
as to time, in Fr.gWayne expires in 1917, in Lo-
gansport in 1920, Bluffton, 1935, and Frankfort
in 1985. Artificial gas francihse in Lima is
renewable every ten years, and electric fran-
chise in Lafayette is unlimited as to time.
Net Earnings, 12/31/14......... $397,362
Interests. cis 6d eens kad daees was 119,378
Original Market—Offered in 1908 by Wood &
Havemeyer and Lamarche & Coady, New York.
Market.
New York—Lamarche & Coady, John W.
Christiansen, Tobey & Kirk, Berdell Bros.,
Bigelow & Co., Gustavus Maas, G. W. Walker
& Co., A. E. Fitkin & Co., Dewing & Co., L. PF.
Westerfield, Geo. S. Crap, Hendrickson & Co.,
McGeorge & Vanderhoef, Gude, Winmill & Co.,
Livingston & Co., R. B. Hathaway & Co., J
H. Howell & Co. : ; :
Philadelphia—Chandler Bros. & Cc.
Chicago—Hulburd, Warren & Chandler.
Boston—L. Sherman Adams, F. B. Bassett &
Co., Sollers, Phillips & Co.
(THE) INDIANA NATURAL GAS & OIL CO.
Ref. Guar. 5s. Due May 1, 1936.—F.
Dated May 1, 1906. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$6, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed principal’ and interest by the
Peoples’ Gas Light & Coke Co., by endorsement.
Organization and Control—Incorporated in
Indiana in 1889. All of the stock is owned by
the Peoples’ Gas Light & Coke Co. of Chicago.
Secured by a-first mortgage on leasehold
interest in extensive gas and oil lands in Indiana
and on three pipe lines each about 145 miles
long from these gas wells to the mains of the
Peoples’ Gas Light & Coke Co., in the outskirts
of Chicago. Further secured by the deposit of
a of the stock of the Kokomo Natural.Gas &
il Co.
Net Earnings (Peo. G., L. & C. Co.)
M2Y BUPA ras oest eenscnsi ice aia ol sua $6,789,505
ENCOLESE ois iosisvive un sisiesans ee: € aycuer 2,390,600
Listed on the New York and Chicago "Stock
Exchanges.
Original Market—$1, 000, 000 offered in 1909,
by Hartshorne, Bogert & ‘Battelle, New York
and Wollenberger & Co., Chicago, at 95 and
interest.
Market.
Chicago—aAlfred L. Baker & Co., Wollenberger
Co., J. B. Sardy & Co., Peoples’ Trust & Sav-
ings Bank, John Burnham & Co., E. & C.
Randolph, A. E. Butler & Co., E. T. Konsberg
& Co., S. B. Chapin & Co., F. A. Hill & Co.,
Curtis & Sanger. -
Pi ae L. Nason & Co., F. B. Bassett
oO.
Albany—John J. Hart.
New York—Hartshorne & Battelle, F. H.
Hatch & Co., Bigelow & Co., Hartshorne &
Picabia, Miller & Co., Beverly Bogert & Co.,
Jobn W. Christiansen, Kirkpatrick & Lewis.
INDIANA NORTHERN TRACTION CO. Ist
5s, Due Oct. 1, 1933.—F.
Dated Oct. 1, 1903. Interest payable Apr.
and Oct. 1, Trenton Tr. & S. D. Co., Trenton,
N. J.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $100, $500
$1,000.
Trustee—Trenton Tr. & S. D. Co., Trenton,
and
Redeemable at 105 and interest.
Guaranteed principal and interest by Indiana
Union Traction Co.:
Control—Absorbed by Ind. Union Tract. Co.,
name changed in 1912 to Union Tract. Co. of
Indiana. ‘
Secured by a first mortgage on 20 miles of elec-
tric railway between Wabash and Marion, Ind.
Population served, 38,000.
Underlies—$5, 909, 000 Ind. Union Tract. 6s
and Union Tract. of Ind. 6s.
Net Earnings (U. Tr. Co.)
P2ISU/ 14 crnce Pane $952,579
Interest and rentals............ 884,784
This issue ye9%cvzexe a sew ese es 589,334
Listed on the Philadelphia Stock Exchange.
arket.
Philadelphia—Samuel K. Philli
Knoblauch, Chandler Bros. o., Mellor &
Petry, Penington, Colket & Co..
Chicago—Hulburd, Warren & Chandler,
M.T. Leonard & Co.
Pittsburgh—H. P. Taylor & Co.
New York—Dewing & Co., Leonard Snider
& Co., H. P. Taylor & Co.:
s, Borden &
Buffalo—H. P. Taylor & Co.
Indianapolis—Otto F. Haneisen & Co.
INDIANA RAILWAY CO. 2nd 5s. Due Aug.
1, 1924.—.
Dated Aug. 1, 1904. Interest payable Feb,
=e oe 1, at U. S. Mortgage & Trust Co., New
or
Authorized—$150,000. q
Outstanding—$129,000. :
Retired by Sinking Fund—$21,000. -
Denomination—Coupon, $1, 000.
Redeemable—Bonds are subject to call.
Sinking Fund—$2, 000 per annum, beginning
Aug. 1, 1906.
Control—Absorbed by Chicago, South Bend
& Nor. Indiana Ry. Co.
Secured by a second mortgage on 50 miles of
electric railway. See 1st 5s below.
Prior Liens—$1,000,000 1st 5s.
Underlies—$2,319,000 C., S. B., & Nor. Ind.
,
Ry. 5s.
Net Earnings, 12/31/14......... $306,295
Tnterests sc. cea operat a sore 224,720
This ISSUES. fc c.n88 sige © BS Se 108,770
Market.
Philadelphia—Samuel K. Phillips.
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler.
New York—Dewing & Co.
Due Jan, 1,
ad RAILWAY CO. Ist 5s.
Dated Jan. 1, 1901. Interest payable Jan,
and July 1, at Guaranty, Trust Co., New York.
Authorized—$1,000. aa.
Outstanding—$863,0
Retired by Sinking era e eee 000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia, Pa,
Sinking Fund—$10,000 per ate beginning
1905 to buy bonds in open market.
Control—Absorbed_by Chicago, South Bend
& Nor. Indiana Ry. Co.
Secured by a first mortgage on 50 miles of
electric railway, -forming part of the Chicago,
South Bend & Nor. Indiana Ry. This company
owns 117 miles of track in South Bend, Misha-
waka, Elkhart, Goshen, La Porte and’ ‘Michigan
City, ‘Indiana. Franchise in Elkhart expires in
1957, elsewhere are perpetual. Population
served, 125,000.
Underlies—$2, 448,000 gant Ry. 53s and
c.,S.B. & N.I. Ry. Co.
Net Earnings, Baie as Al $306,295
EMterestc icc si syessieie a wessaranons woah aseoe 224,720
This issues s.< scene ecisaie ie 8 axenn 102,320
Market.
Philadelphia—Samuel K. Phillips, C. D.
Barney & Co.
New York—Harris, Forbes & Co., Dewing &
0.
Chicago—Wollenberger & Co., Harris Trust &
Savings Bank.
is Boston—N. W. Harris & Co., Perry, Coffin &
urr.
INDIANA RYS. & LIGHT CO. Ist & Ref. S. F.
5s. Due Jan. 1, 1943.—
Dated Dec. 10, 1912. Interest payable Jan.
and July 1, at Spencer Trask & Co., New York.
Authorized—$5,000,000.
Outstanding—$1, 180, 000.
Denomination—Coupon, » $500 and $1,000.
Registerable as to panel
Trustee—Union Trust Co., Indianapolis.
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
Sinking Fund—Annually beginning Jan. 1,
1917, 1% of outstanding onde to be applied to
purchase of bonds at not’ exceeding 105 and
interest. If not purchaseable bonds may be
drawn. The company has the option of retiring
366
bonds or setting aside 114% of bonds outstand-
ing for betterments and additions.
sarge eo corporation in Indiana in
Secured by a first mortgage on 24 miles of
interurban railway between Kokomo and Frank-
fort, Indiana, and on plant supplying steam
heat i in Kokomo, and a second mortgage on nine
miles of street. railway in Kokomo, 28 miles of
interurban railway between Kokomo and
Marion, and plants supplying electricity in
Kokomo, Swayzee and Greentown, Ind. Popu-
lation served, Kokomo, 20,000, remaining territory
45,000. Interurban lines are on private right-of-
way. Street railway franchise: in Kokomo
expires in 1953. or later, electric: and steam
heating in 1932.
Prior Lien—$650, 000 Kokomo, Marion &
West 5s.
Net Earnings, 12/31/14 $231, 109
aA nterest'scc oicae ee esate eas eases
Original Market—First offered in Jan., 1913,
by Spencer Trask & Co., New York, Boston,
Chicago, ete.
Market.
Chicago—Elston, Clifford & Co., A. L. Baker &
Co., Wollenberger & Co., Spencer Trask & Co.
Milwaukee—Edgar, Ricker & Co.
New York—Gilman & Clucas, Dewing & Co.
Utica—Avery Horton.
Philadelphia—E. V..Kane & Co.
INDIANA STEEL COMPANY Ist 5s.
May 1, 1952.—
Dated May 1, 1912. Interest payable May and
pore 1, at U. S. Steel Corp., 71 Broadway, New
ork.
Authorized—$40,000,000.
Outstanding—$18,035,00v.:
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5000,
$10,000 and $100,000. C. & R. interchangeable.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest Nov. 1, 1916,
or on any interest date thereafter, upon six
weeks’ notice.
Sinking Fund—1% of all bonds outstanding
annually on May 1 from 1916 to 1922 and 14%
thereafter to be applied to the purchase or
redemption of bonds at not exceeding 105 and
interest. Bonds acquired by the sinking fund
will continue to draw interest which shall be
added to the annual payments of the sinking fund.
Guaranteed principal and interest uncondi-
tionally by the United States Steel Corporation
by endorsement.
Organization and Control—Incorporated in
Indiana in 1906. Entire $20,000,000 stock is
owned by the Federal Steel Co., which is con-
trolled through stock ownership "by the United
States Steel Corp. The plant of the Indiana Steel
Co. is leased to the Illinois Steel Co., which is
also controlled by the Federal Steel Co.
Secured by a first mortgage on the Gary plant
of the Indiana Steel Co., located at Gary, Indiana.
The construction of this plant cost to Dee. 31,
1911, $55,288,000. The plant covers 1, ied
acres of ground with extensive furnaces, coke
ovens, mills and power plant.
Net Earnings—After depreciation in 1911,
when plant bi operated at about 50% of capa-
city, $3,603,
Listed on he New York Stock Sheree
Original Market—Offered in 1912, by J. P.
Morgan & Co., First National Bank and National
City Bank, New York, at 101 4 and interest.
Market.
Chicago—First National Bank, Alfred L.
Baker & wu Ft. Dearborn Trust & Savings
Bank, C. F. Childs & Co., The National Bank of
the Republic, First Trust & Savings Bank.
New York—H. N. Whitney & Son, Freeman &
Co., H. Duncan Bulkley, Geo. H. Burr & Co.,
Crawford, Patton & Cannon, J. S. Bache &
Due
367
Co., L. M. Prince & Co., Alfred Mestre & Co.,
Moore, Leonard & Lewis, Guaranty Trust Co.,
White, Weld & Co., McGeorge & Vanderhoef,
Berdell Bros., Curtis & Sanger, Babcock, Rushton
Co., Coffin & Co., H. ie Tayler & Co., Gude,
Winmill & Co., G. H. mse},
ae Boston—Edgerly & Corer. Lee, Higginson &
Pittsburgh—H. P. Taylor & Co.-
Wee ae K. Phillips, Henry &
est.
Buffalo—H. P. Taylor & Co.
INDIANA UNION TRACTION CO.
Due July 1, 1933.—F.
Dated July 1, 1908. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$5, 000,000.
Outstanding—$1, 325, 000 crn mortgage).
Held in Sinking Fund—$295
Denomination—Coupon, $1, 00.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest on any in-
terest date, upon four weeks’ notice. '
Sinking Fund—Beginning July 1, 1904, an
annual amount equal to 144% of outstanding
bonds on July 1st of each year, including bonds
held in sinking fund, for the purchase or redemp-
tion of these bonds at not over 105 and interest.
Puads so acquired to be kept alive in sinking
‘un
Control—Absorbed by Union Traction Co. of
Indiana.
Secured by a mortgage on the interurban lines
(as deseribed in mortgage) between Broad Rip-
ple, near Indianapolis, to Peru, Kolsomo to
ogansport, Carmel to Frankfort, Indianapolis
to Muncie, Anderson to Wabash, and Hunting-
ton, Swayzee to Converse, Greentown to Elwood
and Anderson, Andesson to Newcastle, Hagers-
town and Richmond, Muncie to Portland,
Muncie to Fort ‘Wayne and Muncie to Union
City, all in Indiana, and on the local street rail-
ways in Marion, Anderson, Muncie and Elwood,
including 210 miles of interurban line and 50
miles of street railways. Population served,
Indianapolis, 250,000; Anderson, Elwood, Mar-
ion and Muncie, 85, 000; remaining territory,
250,000; total, 585, 000. Interurban lines are
on private right-of-way.
Prior Liens—$7,332, 5000 bonds of absorbed
companies.
Underlies—$4,584,000 T. 5s 1919.
Ist 5s.
” Registerable
Net Earnings, 12/31/14 ag nscstlgghe tints $952,579
UNCOPES bo oiisscsisreareanaciisie sane ook Oe 884,784
BRIG ABSUC 6ccsic: 5, ests wniere Svcd te 665,584
Philadelphia—Samuel K. Phillips, Henry &
West, Chandler Bros & Co., Geo. N. Fleming,
Ervin & Co., Reed & Huntoon, Oscar R. Dare.
Chicago—Hulburd, Warren & Chandler.
New York—Dewing & Co., Kirkpatrick &
Lewis.
Indianapolis—Breed, Elliott & Harrison, Otto
F, Haneisen & Co.
INDIANAPOLIS & CINCINNATI TRACTION
CO. 1st 5s. Due July 1, 1940.—F.
Dated July 1, 1910. Interest payable Jan.
and July 1, at Central Trust Co., N. Y.
Authorized—$1,300,000, Class AS 3”? $200,000,
Class “B;”’ $3,350,00, Class “‘C.”
Outstanding —$1,3 300, 000, Class ‘A; $100,000
Classes ““B’”’ a
Desbilmtee Cerna $1,000.
as to Pr rincipal.
All bonds are equal with respect to payment
of principal, but if available funds are not suffi-
cient to pay all interest, Class “A” bonds shall
receive payment in full, before any payment is
made in Classes “B” and “C,” which are on a
parity.
Trustee—Central Trust Co.,; New York.
Registerable
, Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in Indiana in 1910.
Secured by a first mortgage on 58 miles of
road from Indianapolis to Connersville. Com-
pany also owns 49 miles of road from Indianapolis
to Greensburg, all in Indiana. Extension from
Greensburg, to Harrison, O., is proposed. Con-
nection would be made there for Cincinnati.
Most of the line is on private-right-of-way.
County franchises are perpetual. City fran-
chises for 60 years, oldest being dated 1904,
except Indianapolis, where franchise and trackage
contract expire in 1934. Population served by
road covered by this mortgage, exclusive of In-
dianapolis 10,000.
Net Earnings, 12/31/13 ........ $164,711
Interest, taxes, etc.............. 168,537
Market.
Indianapolis—J. F. Wild & Co.
INDIANAPOLIS & EASTERN RAILWAY Ist
Cons. 5s. Due July 1, 1927.—F.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York,
and Central Trust Co., Indianapolis, Ind.
Authorized—$1,000,000.
Outstanding—$652,000. $587,000 are owned
by the T. H., Ind. & East Trac. Co.
Retired by Sinking Fund—$48,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., Indianapolis.
Sinking Fund—1% of bonds outstanding an-
nually to 1917 and 2% thereafter to purchase
these bonds at not exceeding 105 and interest. .
Control—Absorbed by Terre Haute, Indian-
apolis & East Traction Co., which operates 170
miles of street railway in Indianapolis, Terre
Haute and Richmond, Ind., and 380 miles of
interurban lines.
Secured by a first mortgage on 18 miles of in-
terurban railway from Greenfield to Knights-
town, Ind., and a second mortgage on 17 miles
from Indianapolis to Greenfield. Population
served, exclusive of Indianapolis, 11,000.
Prior Lien—$134,000 Ind. & Green. 5s.
Underlies—$6,249,000 T. H., Ind. & E. 5s.
Earnings—See Ind. & Greenfield R. T. 5s,
Original Market—Offered by Baker, Ayling
& Co., at 101 and interest, Aug., 1902, and
Central Trust Co., of Indianapolis, at par and
interest, Nov., 1903.
Market.
Boston—Hotchkin & Co.
Philadelphia—Ervin & Co.
es New York—Rauscher & Childress, Dewing &
0.
INDIANAPOLIS & GREENFIELD RAPID
TRANSIT CO. Ist 5s. Due Jan.1, 1929.—F.
Dated Oct. 1, 1899. Interest payable Jan.
and July 1, at_ Citizens’ Savings & Trust Co.,
Cleveland, or First National Bank, N. Y.
Authorized—$300,000.
Outstanding—$134,000.
Retired by Sinking Fund—$166,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Citizens’ & Trust Co.,
Cleveland, O.
Redeemable for the Sinking Fund at 105 and
interest.
Sinking Fund—$12,500 per annum from 1904,
to retire bonds in numerical order.
Control—See Ind. & East. 5s above.
Secured by a first mortgage on 17 miles of
road from Indianapolis to Greenfield, Ind.
Underlies—$6,314,000 T. H., Ind. & East. 5s.
and Ind. & East. 5s.
Savings
Net Earnings, 12/31/14........ $2,406,101
ROHS, BCs ie sra sind eke kn 1,777,725
Interest..... LPG UO ere ea WER ce ome 7610
This issue.............00- ee 27,500
Original Market—Offered by Denison, Prior
& Co., Boston and Cleveland, Dec., 1900.
Market.
Boston—C. E. Denison & Co.
Chicago—Hulburd, Warren & Chandler.
Philadelphia—E. R. Barnard, Ervin & Co., 8.
K. Philliss.
New York—Bigelow & Co.
Indianapolis—Otto F, Haneisen & Co.
Cleveland—Otis & Co.
INDIANAPOLIS & LOUISVILLE RAILWAY
CO. 1st 4s. Due Jan. 1, 1956.—F.
See Map 135.
Dated January 1, 1906. Interest payable Jan,
and July 1, at Guaranty Trust Co., New York.
Authorized—$6,000,000.
Outstanding—$1,525,000.
Held in Treasury—$125,000.
Denomination—Coupon, $1,000.
as to principal. S
Trustees—Guaranty Trust Co., New York, and
Edward M. F. Miller. ©
Guaranteed principal. and interest under terms
of lease by the Chicago, Indianapolis & Louis-
ville Ry. Co. :
Organization and Control—Incorporated in
Indiana in 1899.
owned and its line leased for 99 years.to the
Chicago, Indianapolis & Louisville Ry.-:Co., a
majority of whose common and preferred stock
is owned jointly by the Louisville & Nashville
R. R. Co. and the Southern Ry. Co.
Secured by a first mortgage on (3) 60 miles of
railroad from Wallace Jct. to Adromeda, Ind.,
and branch. These bonds are outstanding at
the rate of $25,400 per mile.
Legal for Me. and Mo.
Listed on the New York Stock Exchange.
Original Market—$1,500,000 offered in 1906
Registerable
at 96 4 and interest by American Trust & Savings
Bank, Chicago, E. H. Rollins & Sons and F. 8.
Moseley & Co., Boston. In 1909 American Trust
© Savings Bank and E. H. Rollins & Sons offered
Market.
New York—Redmond & Co., Ay E. Fitkin &
Co., McGeorge & Vanderhoef, L. M. Prince
& Co., Ernest Smith, Samuel Goldschmidt. .
Detroit—First and Old Detroit National
ank.
Boston—E. H. Rollins & Sons.
INDIANAPOLIS & LOUISVILLE TRACTION
RAILWAY ist 5s. Due April 1, 1942.—F.
Dated April 1, 1912. Interest payable April
and Oct. 1, at Colonial Trust Co., Pittsburgh.
Authorized—$1,500,000.
Outstanding—$849,800.
Held in Treasury, $50,200.
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal.
Trustee—Colonial Trust Co., Pittsburgh.
_ Redeemable on any interest date at 105 and
interest.
Sinking Fund—Beginning Oct. 1, 1917, 2%
per annum, and increasing 1 % each year to April
1, 1921, then decreasing 1% annually thereafter.
Secured by a first mortgage on 41 miles of
electric railway from Sellersburg to Seymour,
Ind., forming part of a through route over which
cars are run_between Louisville, Ky., and In-
dianapolis, Ind. Population served, 15,000.
Franchises in cities and towns expire in 1955;
elsewhere road is built on private right of way.
Net Earnings, 12/31/14.......... $48,343
Unterest sie. assccsi sp yensrates a anon 08 42,490
Original Market—Issued in exchange for bonds
of old company, which was sold at foreclosure in
1912.
Market.
New York—A. S. H. Jones.
868
The entire capital stock is.
&
INDIANAPOLIS & MARTINSVILLE RAPID
TRANSIT CO. 1st5s._ Due Jan. 1,1932.—F,.
Dated Jan. 1, 1902. Interest payable Jan.
and July 1, at Security Trust Co., Indianapolis.
Authorized and Outstanding—$750,000.
Denomination—Coupon and registered, $1,000.
-Coupon. bonds registerable as to principal.
Trustees—Union Trust Co. and Security Trust
Co., Indianapolis.
Redeemable at 105 and interest.
Guaranteed as to interest by Terre Haute,
Indianapolis & East. Trac. Co. by terms of lease.
Control—aAll of the stock is owned by the Terre
Haute, Ind. & East. Trac. Co., which leases the
property for 999 years from 1907 at a rental
equivalent to interest on bonds and $500 per
year organization expenses. .
Secured by a first mortgage on 30 miles of
electric railway between Indianapolis and Mar-
tinsville, Ind. Population served, exclusive of
Indianapolis, 10,000.
Net Earnings, 12/31/14.......... $59 354
Interest oisciie 5 cadence a sce Sieraste + ¢ «.. 87,500
Market.
Boston—C. E. Denison & Co.
Cleveland—C. E. Denison & Co.
Indianapolis—Otto F. Haueisen & Co., Fletcher
Amer. National Bank, J. F. Wild & Co.
New York—Dewing & Co.
Philadelphia—Ervin & Co.
INDIANAPOLIS & NORTHWESTERN TRAC-
TION CO. 1st 5s. Due March 1, 1923.
—F
Dated March 1,1903. Interest payable March
and Sept. 1, at Columbia Trust Co., New York.
Authorized—$3,000,000.
Outstanding—$2,470,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable on any interest date at 110 and
interest.
Guaranteed as to interest by Terre Haute,
Ind. & East. under terms of a 999 year lease.
Control—All of the stock is owned by Terre
Haute, Ind. & East. Trae. Co., which leases the
property for 999 years from 1907 at an annual
rental equivalent of interest on bonds and 5%
on stock.
Secured by a first mortgage on 92 miles of
high-speed electric railway between Indianapolis
and Lafayette, Ind., with branch to Crawfords-
Registerable
ville. Built on private right of way outside of
cities. City franchises expire between 1938 and
1957. Franchises permit company to carry
freight, express and mail. Population served,
#31), indianapelsy 233,650; remaining territory,
57,000.
Net Earnings, 12/31/14......... $142,001
Tnte@rest iis sicczing a cus 2 padetehs 2s. cugiiiela > 123,500
Original Market—Offered by E. H. Rollins &
Sons, Boston, at 98 and interest, in June, 1905.
Market.
Chicago—E. H. Rollins & Sons. -
Boston—E. H. Rollins & Sons, Walter S. Place,
L. Sherman Adams.
* Philadelphia—Samuel K. Phillips, Oscar R.
Dare, Ervin & Co.
Indianapolis—Fletcher Amer. National Bank.
German Amer. Trust Co., J. F. Wild & Co.,
Breed, Ehiott & Harrison.
New York—F. H. Hatch & Co., Wolff & Stan-
ley, W. E. Hutton & Co., Rauscher & Childress,
Dewing & Co., H. P. Taylor & Co.
Cincinnati—Breed, Elliott & Harrison.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
INDIANAPOLIS & ST. LOUIS RAILROAD
O. 1st 7s. Due July 1, 1919.—N.
See Map 40. ,
Dated July 1, 1869. Interest payable Series
‘A,” Jan. and July 1; Series ‘‘B,’’ March and
369
Sept. 1; Series “C,’’ May and Nov. 1, at J. P.
Morgan & Co., New York.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
Trustee—United States Trust Co., New York.
Assumed by the Cleveland, Cin., Chic. & St.
Louis Ry. Co.
_Control—Absorbed by the Cleveland, Cin-
cinnati, Chicago & St. Louis Ry. Co., which is
controlled through stock ownership by the Lake
Shore, Michigan Southern Ry. Co.
Secured by a first mortgage on (13) 72 miles of
road from Indianapolis to Terre Haute, Ind. This
road forms part of the only line of the New York
Central System into St. Louis, Mo. These bonds
are outstanding at the rate of $29,100 per mile.
Underlies—$27,800,000 C., C., C. &St. L. Ry.
Gen. 4s, a sufficient amount of which is reserved
to retire this issue.
Legal for Me. and Mo.
Market.
New York—Sutro Bros. & Co., Blodget & Co.,
Didrichsen & Co.
INDIANAPOLIS & SOUTHEASTERN TRAC-
TION CO. 1st 5s. Due July 1, 1935.—F.
Dated July 1, 1905. Interest payable Jan.
ard 2 1, at Farmers’ Loan & Trust Co., New
ork.
Authorized—$1,000,000.
Outstanding—$548,000.
Denomination—Coupon, $1,000.
vas herman: Loan & Trust Co., New
ork.
Redeemable on any interest date at 105 and
interest.
Control—Absorbed by Indianapolis & Cincin-
nati Trac. Co., which operates 55 miles addi-
tional.
Secured by a first mortgage on 23 miles of
electric railway from Shelbyville to Greensburg,
and second mortgage on 26 miles from Indian-
apolis to Shelbyville. Extension to Harrison,
Ohio, where connection will be made for Cin-
cinnati is proposed. Franchises in cities expire
in 1955, except Indianapolis, where trackage con-
tract expires in 1934. Outside of cities most of
line is on private right of way. Populatoin
served, exclusive of Indianapolis, 20,000.
Prior Lien—$452,000 Ind., Shelbyville & S. E.
5s.
Net Earnings, 12/31/13......... $164,711
Interest, etc........-. 0c cee eae 168,537
Indianapolis—Otto F. Haueisen & Co., J. F.
Wild & Co., Breed, Elliott & Harrison.
INDIANAPOLIS, COLUMBUS & SOUTHERN
TRACTION CO. 1st 5s. Due Feb. 1, 1923.—F.
Dated Feb. 2, 1903. Interest payable Feb.
and Aug. 1, at Commercial Trust Co., Phila-
delphia.
Authorized—$1,000,000.
Outstanding—$932,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Commercial Trust Co., Philadelphia.
Control—Incorporated in Indiana in 1895 as
Indianapolis, Greenwood & Franklin R. R., name
changed to present title in 1903. Leased to Inter-
state Public Service Co., a subsidiary of the
Middle West Utilities Co. at a rental equivalent
to taxes and interest and 5% on stock.
Secured by a first mortgage on 58 miles of
electric railway from Indianapolis to Seymour,
Ind. Road is built mostly on private right of
way. Franchises in cities expire between 1949
and 1952. Enters Indianapolis over tracks of
Indianapolis T. & T. Co. Through cars between
Indianapolis and Louisville, Ky., are operated
over this line in connection with other companies.
Population served (1910), Indianapolis, 233,650
remaining territory, 38,000.
Net. Hoounas (after depreciation)
WEPBVA Ro isccn cawsawnwwwsimae $167,547
Unterest sie siesarege't sarong wee ever 39,100
eas Market—Offered by Chandler’ Bros.
& Co., Philadelphia, at 10234 and interest in
March, 1903. i
Market.
Indianapolis—Otto F. Haueisen & Co., Fletcher
Amer. National Bank, J. F. Wild & Co.
Philadelphia—E. B. Smith & Co., E. R.
Barnard.
New York—Wnm. A. C. Ewen, E. & C. Ran-
dolph.
Cincinnati—Breed, Elliott & Harrison.
INDIANAPOLIS,-CRAWFORDSVILLE & DAN-
ti .ELEC. RY. Ist 5s. Due May 1,
Dated May 1, 1912. Interest payable. May
and Nov. 1, at Girard Trust Co., Hiaeele bia: :
Authorized—$2,500,000:
Outstanding—$971, 000.
Sinking Fund—$29,0
Barats tou eclsat, $1,000.
Trustee—Girard Trust Co., Philadelphia. | ~
Redeemable as a whole on any interest date
at 10234 and interest.
Sinking Fund—$9,000 per annum, plus amount
sufficient to retire by maturity two-thirds of any
additional bonds issued above the original issue
of $1,000,000. Bonds acquired by sinking fund
to be held alive and interest added to sinking
fund payments.
Guaranteed principal and interest by Terre
Haute, Indianapolis & East. Trac. Co.
Control—Incorporated in Indiana in 1912.
Leased for 999 years from May 1, 1912, to Terre
Haute, Indianapolis & East. Trac. Co. at an
annual rental of taxes, interest on bonds, 5% on
preferred stock and dividends on the common
stock increasing to 2% per annum in 1918 and
thereafter.
Secured by a first mortgage on 45 miles of
electric railway between Indianapolis and
Crawfordsville, Ind., built on private right of
way. Franchises in cities run for 50 years.
Eee a exclusive of Indianapolis 23,000.
et Earnings, 12/31/14......... $57,970
Interest and Sinking Fund...... 59,000
Market.
Philadelphia—Robt. Glendinning & Co., Drex-
el & Co., Elkins, Morris & Co., Oscar R. Dare,
W. H. Newbold’s Son & Co., Mellor & Petry.
a New York—Dewing & Co. .» Kirkpatrick &
ewis.
inpienares GAS CO. Ist 5s.
Dated Oct. 1, 1902. Interest payable April 1
and Oct. 1, at Hauitable Trust Co., New York.
Authorized—$7,500,000.
Outstanding—$4,910,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Organization—Incorporated in Indiana in 1890.
Leased for 99 years from October, 1913, to the
Citizens’ Gas Co. of Indianapolis at a rental
equivalent to interest on bonds and 6% per
annum on $2,000,000 stock. If price of gas is
reduced to 50 cents per 1,000 cubic feet, 614%
per annum shall be paid, and if to 45 cents per
1,000 cubic feet, 634% per annum shall be paid.
This lease has been approved by the Indiana
Publie Service Commission.
Secured by a first mortgage on plant supplying
artificial gas in Indnapolia,, Ind., including a
ten story office building. yopulat on served,
Due Oct. 1,
Registerable
250,000. Franchise .is perpetual. Price of gas,
60c. per 1,000 cu. ft.
Net Earnings, Citizens’ Gas,
BUN ogo: geaycnave: suariquevavasionen 4018 $1,870,716
Rental........ se aNncvucsalal aaron Ske: 365,190
Tntenestinisidewe aie s-auvesicd ave acnaneevs 90,798
provisions for renewal.
Listed on the New York and Indianapolis Stock
. Exchanges.
Original Market—$200,000 offered in July,
1912, at 91 and interest by Joseph T. Elliott %
Sons and Newton Todd of Indianapolis.
7 Market.
New York—Tobey & Kirk, F. H. Hatch &
Co., Bigelow & Co., R. B. Hathaway & Co.,
Dewing & Co.
Chicago—Alfred L. Baker & Co.
Philadelphia—Elkins, Morris. & Ca., Geo. S..
Fox & Sons, S. K. Phillips.
Cincinnati—Breed, Elliott & Harrison. |
Indianapolis—Otto F. Haueisen* & Co.,.J. F.
Wild & Co.
INDIANAPOLIS LIGHT & HEAT CO. Cons. 5s.
Due April 1, 1940.—N.
Dated April 1, 1905. Interest payable April
1 and October 1, at office of Trustee.
‘Authorized—$5, 000,000.
Outstanding—$3,132,000.
Held in Treasury—$1,234,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—American Trust Co., Boston, Mass.
Secured by a first mortgage on plant supplying
steam heat in Indianapolis, and on a large part
of the plant supplying electricity in that city
and a second mortgage on the remaining part of
the electric plant. Franchises expire in 1927,
1929 and 1942. The first two franchises contain
The company pays a
franchise tax equal to 5% of gross earnings. The
company has competition in both electricity and
heating. Population served, 250,000.
Prior Lien—$265,000 Ind. Light & Pr. 5s.
Net Earnings, 12/31/14 $592,999
IntereStiacuc cvcwesisarieecen sss 177,511
Original Market—Fletcher Amer. National
Bank, Otto F. Haueisen & Co.
arket.
Cincinnati—Breed, Elliott & Harrison.
Providence—Miller & George.
New York—Miller & Co.
Indianapolis—J. F. Wild & Co., Otto F. Hau-
eisen & Co., Breed, Elliott & Harrison.
INDIANAPOLIS LIGHT & POWER CO. Ist 6s.
Due July 1, 1922.—F.
Dated June 1, 1892. Interest payable Jan-
uary 1 and July 1, at Trustee’s office.
Authorized—$400,000.
Outstanding—$276,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—American Trust Co., Boston, Mass.
Redeemable for the sinking fund at 102 and
interest prior to July 1, 1916, and par and interest
thereafter.
Sinking Fund—$10,000 per annum to be
applied to the redemption of bonds.
Secured by a first mortgage on portion of plant
supplying electricity in Indianapolis, Ind. For
further details, see Ind. L. . 5s above.
Underlies—$3,132,000 Ind. L. & H. 5s.
Registerable
Net Earnings, 12/31/14......... $592,999
AMEE CS ti ea seccsia: Seannudeans se-br ase caskedeaowte 177,511
LhIS; ISSUC). dy. gasevnsiie enntedies + 20,911
Market.
New York—Bigelow & Co., Dewing & Co.
INDIANAPOLIS, NEWCASTLE & EASTERN
TRACTION CO. ist6s. Due June 1,1919.—F,.
Dated June 1, 1912. Interest payable June
and Dec. 1, at Philadelphia.
Authorized—$1,500,000.
Outstanding—$1,200,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 101}4 and interest on any
interest date upon eight weeks’ notice as a whole
only.
Registerable
370
4 Grganization—The company was incerpereted
in Indiana in 1912, as successor to the Indian-
apolis, New Castle & Toledo Ry. (foreclosed).
Its property was leased for 999 years from Oct. 25,
1912, to the Union Traction Co. of Indiana at a
rental equivalent to interest on bonds, dividends
of 5% on preferred stock and dividends of 1% on
the common stock, gradually increasing to 4%
after 1920. In 1914 this lease was amended so
that these dividends are payable only if the net
income of the U. T. Co. of Ind., after taxes,
interest and all rentals except these dividends,
amount to more than $174,500, which excess,
up to $10,420, shall be applied to payment of
these dividends, excepting that, in any year in
which a dividend of $50,000 shall have been de-
clared on the 1st Preferred stock of the U. T. Co.
of Ind., then the additional $10,420 shall be paid
notwithstanding the fact that the net earnings as
above do not exceed $174,500, but total dividends
paid under this lease shall in no event exceed
$36,470.
Secured by a first mortgage, 42 miles high-
speed, interurban electric railway from Indian-
apolis to Newcastle, Ind. Under contract with
the Indianapolis Traction & Terminal Co. ex-
tending to 1933, the Company operates its inter-
urban cars in the streets of Indianapolis, entering
the Indianapolis interurban terminal. Popula-
tion served, exclusive of Indianapolis, 18,000.
The road is constructed entirely on private right
of way, except within city limits. The shortest
franchise extends to April 7, 1933, fourteen
years beyond the maturity of these bonds.
Net Earnings, U. T. of L., 12/31/14 $952,579
Interest, rentals, ete............ 884,784
Original Market—$800,000 offered in June,
1912, by E. H. Rollins & Sons, New York, etc.
at 101 and interest.
Market.
Philadelphia—S. K. Phillips, Ervin & Co.
Chicago—Bolger, Mosser & Willaman
Buffalo—Arthur Batty.
New York—Dewing & Co.
INDIANAPOLIS NORTHERN TRACTION CO.
1st 58. Due July 1, 1932.—F.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Assumed by the Union Traction Co. of Indiana,
Control—Absorbed by Union Traction Co. of
Indiana. 5
Secured by a first mortgage on 103 miles
of first track and about 10 miles of other track
extending from Indianapolis through Broad
Ripple, Noblesville and Tipton to Kokomo, and
from Kokomo to Logansport and Peru, and from
Tipton to Elwood. Population served, exclusive
of Indianapolis, 82,000. , i
Underlies—$5,909,000 Union Trac. of Indiana
and Indiana Union Traction Co. 5s.
Net Earnings, 12/31/14......... $852,579
Drtere st is. issrdisns ie 8 sacar Gun ten delat 884,784
This 18S) ss sseccs sass os sass ween aioe « 589,334
Original Market—$4,500,000 offered in 1904
at 96 and interest by Ervin & Co. and Chandler
Bros. & Co., Philadelphia.
Market.
Philadelphia—E. B. Smith & Co., O. B.
Lansinger & Co., Geo. N. Fleming, Ervin & Co.,
Mellor & Petry, C. D. Barney & Co., Chandler
Bros. & Co., M. M. Freeman & Co., Henry &
West, Reed & Huntoon, Oscar R. Dare, S. K.
Phillips. }
Baltimore—Howard R. Taylor & Co.,. Jenkins,
Whedbee & Poe. :
New York—Fred. H. Hatch & Co., Dewing &
Co., Kirkpatrick & Lewis. ;
Indianapolis—-Fletcher Amer. National Bank,
Otto F. Haneisen & Co. :
371
Cincinnati—Breed, Elliott & Harrison.
INDIANAPOLIS, SHELBYVILLE & SOUTH
EASTERN TRACTION CO. Ist 5s. Due
Jan. 1, 1932. t
Dated Jan. ;1, 1902. Interest payable Jan.
and July 1, at Continental & Commercial Trust
& Savings Bank, Chicago.
Authorized—$500,000.
Outstanding—-$452,000,
Retired by Sinking Fund—$48,000.
Denomination—Coupon, $1,000.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago, Ill.
Redeemable as a whole at 110 and interest,
or for the sinking fund at 105 and interest.
Sinking Fund—$10,000 per annum from Jan.
1, 1908, to redeem bonds at 105 and interest in
numerical order.
Control—Absorbed by Ind. & Cincinnati Trac.
Co. which operates more than 100 miles of road.
Secured by a first mortgage on 26 miles of
electric railway between Indianapolis and Shelby-
ville, Ind. This line extends to Greensburg and
an extension to Harrison, Ohio, is contemplated.
Built on private right of way except in cities.
Franchises in cities do not expire before 1954
except in Indianapolis, where trackage contract
expires in 1934. Population served, 1910, In-
dianapolis, 238,650; remaining territory, 12,000.
Underlies—$548,000 Ind. & So. East. 6s.
Net Earnings, 12/31/13 $164,711
Interest.......... ashen sees 168,537
VEHIG ASB, ssnarece ef estrada tants 141,137
Original Market—Offered by Denison, Prior
& Co., Cleveland and Boston, at 102 and interest
in Feb., 1903.
Market.
Cleveland—Otis & Co., C. E. Denison & Co.
Boston—C. E. Denison & Co., Hotehkin &
Co., L. Sherman Adams.
Chicago—Hulburd, Warren & Chandler.
Indianapolis—J. F. Wild & Co., Breed, Elliott
& Harrison.
Philadelphia—Geo. S. Fox & Sons.
New York—Dewing & Co.
Wheeling—Geo. W. Baron.
INDIANAPOLIS STREET RAILWAY CO. Gen.
4s. Due Jan, 1, 1933.—F.
Dated May 8, 1899. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized—$7,000,000.
Outstanding—$5,420,000.
Cancelled—$1,000,000.
Retired by Sinking Fund—$580,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guarantee Trust & Safe Deposit
Co., Philadelphia.
Sinking Fund—The Company agrees to pay
annually to the Indiana Trust Co. a sum sufficient
to redeem the greater part of this issue at matur-
ity. This provision is guaranteed by the Indian-
apolis Traction & Terminal Co.
Control—Incorporated in Indiana in 1899. In
Dec., 1902, the property of the Company was
leased to the Indianapolis Traction & Terminal
Co. for 31 years at a rental equivalent to taxes,
interest and 6% on stock.
Secured by a first mortgage on a portion of the
street railway lines in Indianapolis, Ind. and a
second mortgage on the remainder. Total
length of track, 186 miles. Population served,
250,000. Franchise expires in 1933. Franchise
provides for an annual payment to the city of
$30,000 to 1925 and $50,000 thereafter. The
franchise gives to the city the right to purchase
the property of the company during 1932, at a
price which shall not include any valuation for
the franchise. if
Prior Lien—$4,000,000 Citizens St. Ry. Co.
5s, 1933.
Net Earnings, I. T. & T. Co.
DD /BU/ NG. i500 ae OR Sena sd $1,442, 144
Interest, ete... 0.0... 06... e sees 1,371,200
Listed on the Philadelphia Stock ‘Exchange.
New York—Bigelow. Co., Dewing & Co.,
Ernest Smith.
Indianapolis—Fletcher Amer: National. Bank,
Otto F. Haueisen & Co., J. F.. Wild &
Philadelphia—Samuel kK. Phillips, Malor &
Petry, Po & West, Ervin & Co.,':Chandler
Bros. & Co., Geo. S. Fox & Sons, Oscar R. Dare,
Barclay, Moore & Co.
Cincinnati—Chas. C. Murray & sats Breed,
Elliott & Harrison.
INDIANAPOLIS TRACTION & TERMINAL
CO. Ist S. F. 58.. Due Jan. 1, 1933.—F.
Dated Jan. 1, 1908. Interest payable April 1
and Oct. 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$4, 223,000.
Held Alive in Sinking Fund—$777,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia.
Redeemable at 10214 and interest on any
interest date.
Sinking Fund—Annually beginning Jan. 1,
1904, 11/5% of outstanding bonds for the pur-
chase or redemption of these bonds at not to
exceed 10214 and interest. Bonds. held alive
and interest added to Sinking Fund.
Organization and Control—Incorporated in
Indiana in 1902, and leases the property of the
Indianapolis Street Ry. Co. Practically all
of the stock is owned by the Terre Haute, Indian-
apolis & Eastern Trac. Co.
Secured by a first lien on a nine-story terminal
station and office building in Indianapolis costing
about $1,000,000; on about 22 miles of single
track in Indianapolis and also a first lien on the
31 year lease of the Indianapolis Street Ry. Gee
Net Earnings, 12/31/14 1,383,
Interest, etc............. ag 1,409,591
Market. .
Bonen ake Ayling & Co., Tucker, An-
thony &
a rilladelnhia—Chandler & Co., Chas. Fearon
& Co., O. B. Lansinger & Co., Drexel Co.,
Samuel K. Phillips, Geo. N. Fleming, E. B.
Smith & Co., Ervin & Co., W. H. Newbold’s
Son & Co., Oscar R. Dare, Geo. 8S. Fox & Sons,
Mellor & Petry, Reed & Huntoon, Henry &
West.
F. Wild & Co., Otto F.
Indianapolis—J.
Haneisen & Co.
» New York—Bigelow & Co., Dewing & Co., Geo.
H. Burr & Co
INDIANAPOLIS UNION RAILWAY Ist 4}¥s.
Due May 1, 1926.—F.
Tax exempt in Indiana.
Dated May 1, 1886. Interest payable May
and Nov. 1, at Fidelity Trust Co., Philadelphia.
Authorized—$1,000,000.
Outstanding—$835,000
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Sinking Fund—1% per annum of outstanding
bonds and 474% of bonds that have been re-
tired to be applied to the purchase of bonds at
not exceeding par and interest.
Guarantee—The junior bonds are guaranteed
jointly and peal as to EP Ry eo. and_ interest
by the P., & St. L. Ry. Co., ne Pa enace
BR RCo! and tho. c.,C. & St. L. R
Organization and Control—Incorporated in
Indiana in 1850. The company is controlled by
the below-mentioned roads, which pay a fixed
rental to cover interest, taxes, etc., as well as an
additional rental on train and mileage basis. The
P., C., C. & St. L., C., C., C. & St. Le aii Van-
dalia ‘companies virtually own the property,
having invested up to Dee., 1910, $1,025,000
in it.
Secured by a first mortgage on Union Station
in Indianapolis used by all of the railroads enter-
ing that city, as follows: Chi., Ind. & Louisv.;
Cin., Ham. & Day.; C., c., C. & St. L.; Lake E.
& West.; Peoria & East.; P., C., C. & St. Ly
Terre Haute & Ind., Vandalia and Ill. Cent.
The company also leases 14 miles of road be-
longing to the Belt R. R. & Stockyards Co. of
Indianapolis, which constitutes a belt line con-
necting all of the railroads entering Endisnapolis.
Underlies—$4,000,000 Gen. Ref. 5s, 1965.
Net Earnings, 6/30/14 a asda "6 daca $192,796
TNGeEresticcis deviciiy. oealiereeeaoiewe s
. Market.
¥biladelphla—Chaz. C. Harrison, Jr., & Co.,
S. K. Phillips.
New York—J. H. Becker & Co.
RAILWAY Gen. &
INDIANAPOLIS UNION
Due January 1, 1965.
Ref. 5s, Series ‘‘A.”
Dated January 1, 1915. Interest payable
January 1 and yy tf a on York.
Authorized—$10,0 .
Outstanding—$4, O00, 000,
Denomination—Coupon, $1,000.
as to principal only.
Trustees—Farmers Loan & Trust Co., New
York, and Union Trust Co., Indianapolis, Ind.
Redeemable as a whole or in series fifteen
years from date, or on any interest date there-
after, at 103 and interest.
Sinking Fund—Beginning in 1926, 1% per
annum of outstanding bonds, to be applied to
retirement of these bonds.
Guaranteed as to principal and _ interest
jointly and severally by the Pittsburgh, Cin-
cinnati, Chicago & St. Louis Ry. Co. and the
Vandalia R. R. Co. of the Pennsylvania System
and the Cleveland, Cincinnati, Chicago & St.
Louis Ry. Co. of the New York Central System.
Organization and Earnings—See lst 44s,
above.
Secured by a second mortgage on the property
described under the 1st 44s above.
Prior Lien—$835,000 1st 4}4s.
Original Market—Offered in April, 1915, by
William A. Read & Co., New York, Boston,
Philadelphia, etc., Harris, Forbes & Co., New
York, and The Union Trust Co., Pittsburgh, at
994% ‘and interest.
Registerable
INDIANAPOLIS WATER CO. Gen. 5s. Due
July 1, 1926.—N.
Dated July 1, 1896. Interest payable Jan.
and July 1, at New coe
Authorized—$3, 000.
Outstanding—$2, oe O60 (Closed mortgage).
Deposited under Gen. Mtge.— $469,000.
Denomination—Coupon, $1,000.
Trustees—New York Trust Co., New York.
and Albert Baker, Indianapolis.
Redeemable at par and interest on any interest
date on three months’ notice.
Sinking Fund—$10,000 to be applied annually,
commencing Jan. 1, 1912, to purchase these
bonds at not over par. 7
Organization and Control—Incorporated in
Indiana in 1881. Charter expires in 1958.
Practically the entire capital stock is owned by
the Indianapolis Water Works Security Co.
Secured by a first mortgage on plant supplying
filtered water in Indianapolis, Ind. Population
served, 250,000. Franchise perpetual.
Underlies—$4, 919,000 Indianapolis Water Co.
1st & Ref. 434s of 1940, and Indianapolis Water
Works Securities Co. Coll. Tr. 4}4s of 1948.
Bonds are reserved under the I. W. Co. Refg.
Mtge. to retire this issue.
872
Net Earnings (9 mos.) LAP AL IAB $488,864
Interest............ Seo cea seeee 180,554
This (sae... . 064-02 ee nie do bteu 86, 627
Mark
Boston— Walter S. Piness “Hotehkin & Co.
Chicago—Lee, Higginson & Co.
Indianapolis—Otto F. Haueisen & Co., Fletcher
Amer. National Bank, J. F. Wild & Co., Breed,
Elliott & Harrison.
Cincinnati—Breed, Elliott & Harrison
New York—Harris, Forbes & Co., Kirkpatrick
& Lewis.
Philadelphia—W. H. Newbold’s Son & Co.
Portland—H. M. Payson & Co.
INDIANAPOLIS WATER CO. Ist & Ref. 4}43.
Due Jan. 1, 1940.—F.
Dated January 1, 1910. Interest payable Jan.
and July 1, at New York.
Authorized—$10,000,000.
Outstanding—$2,221,000.
Held in Treasury—$26,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Bankers’ Trust Co., New York, and
Albert Baker, Indianapolis.
é Poneman at 104 and interest on any interest
late.
Depreciation Fund—Three-quarters of 1%
annually of outstanding bonds. No expenditures
may be made from this fund except for replace-
ments and renewals of the property and then
only with the consent and authority of the
Registerable
Trustee.
Organization—See Gen. 5s above.
Secured by a second manrieabe on property
described under Gen. 5s. abov
Prior Liens—$2,431,000 Generel 5s of 1926
redeemable at par and interest on any interest
date and for the retirement of which bonds of
this issue have been reserved.
Underlies—$2,500,000 Indianapolis Water
Works Securities Co. Coll. Tr. 6s of 1948.
Net Earnings (9 mos.), 10/31/13.. $438,364
Interests isis cc guests cons 180,554
Original Market—Offered in 1911 by_White,
Weld & Co., New York, etc, and Indiana
National Bank, Indianapolis, Ind.
Market.
Portland, Me.—H. M. Payson & Co.
New York—White, Weld & Co., Coffin & Co.,
Tobey & Kirk.
Indianapolis—Otto F. Haueisen & Co., German
Amer. Trust Co., Fletcher Amer. N ational Bank.
J. F. Wild & Co.
Philadelphia—W. H. Newbold’s Son & Co.,
Brown Bros. & Co.
Cincinnati—Breed, Elliott & Harrison.
Chicago—Alfred L. Baker & Co.
INDIANAPOLIS WATER WORKS SECURI-
TIES CO. Coll. Tr.6s. Due Jan. 1, 1948.—F.
Pennsylvania State Tax of four mills will! be
reimbursed by the company of payment by the
holder of bonds upon request within 60 days.
Dated January 1, 1913. Interest payable April
and Oct. 1, at Philadelphia.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Pennsylvania Co. for Insurances on
Lives & Granting Annuities, Philadelphia.
Redeemable on or after April 1, 1916, at 1024
and interest on any interest date.
Organization—The Indianapolis Water Works
Securities Co. was incorporated in Indiana in
1912, and owns une entire capital stock of the
Indianapolis Water Co.
Secured by a deposit with the Trustee of
$4,999,300 out of $5,000,000 capital stock of the
Indianapolis Water Co. For description of prop-
erty, see Ind. W. Co. 1st & Ref. 5s.
Prior Liens—$2,431,000 Indianapolis Water
373
Co. Gen. 5s of 1926 ae ae, 419,000 Indianapolis
Water Co. lst & Ref. 4348 of 1940.
Original Market—$Z, 500,000 offered, Jan.,
1913, by Drexel & Co., ‘and Brown Bros. & Co., -
Philadelphia, at 100 and interest.
Market.
Philadelphia—W., H. Newbold’s Son & Co.,
C. D. Barney & Co., urvia & OG Geo. S. Fox.
& Sons, Elkins, Morris & Co., S. K. Phillips, «
Mellor & Petry, Drexel & Co., Graham & Co.
INGERSOLL-RAND COMPANY Ist 5s. Due.
Dec. 31, 1935.—F. qs
Dated January 1, 1906. Interest payable Jan.
and July 1, ae gotliee of the company, 11 Broad-
way, New Y :
Ri netacd gi 000,000.
Outstanding—$1 2084 ,000. :
Retired—$416,0 .
Beau iontey “Coupon, $1,000. Registerable
as to principal. C.-& R. interchangeable. Regis-
tered, $100, $500. MReconvertible into coupon
bonds of $1,000.
reuse ee York Trust Co., New York and
Joseph P. Gra
d Redeemable aC 106 and interest on any interest
late.
Secured by a first mortgage on plants located
at Phillipsburg, N. J., covering 200 acres of
ground, and Easton, Pa., covering 22 acres of
ground. These plants comprise 34 buildings,
fully equipped for the manufacture of air com-
pressors, hydraulic drills and
equipment.
Further secured by the deposit of the entire
capital stock, $100,000, of the Rand Drill Co.,
owning plant covering 8 acres at Tarrytown,
N. Y., and of the Imperial Engine Co., $20,000,
owning plant covering 8 acres at Painted Post,
Y., both of which plants are free from mort-
gage debt.
Net Earnings 12/31/14 ....... $1,967,723
INCGrest ness cess seisie ¢ = szyereia jes arose 100, 001
Listed on the New York and London Stock:
Exchanges.
Market.
New York—Daniel H. Kiely, Gilbert Eliott’
& Co., J. K. Rice, Jr., & Co., F. H. Hatch & Co.,
Hallowell & Henry.
other mining
INLAND STEEL CO. Ist Serial 6s. Due
$150,000 April 1st each year to 1928, in-
clusive.—F.
Dated April 1, 1908. Interest payable April
and Oct. 1, at Trustee’s office, Chicago.
Authorized—$3,000,000.
Outstanding—$1,950,000.
Retired—$1,050,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—First Trust & Savings Bank, Chicago.
Organization—Incorporated in Illinois i in 1893.
Secured by a first mortgage on iron and steel
plants located at Indiana Harbor, Ind., and
Chicago Heights, Ill., and a first lien on leases to
three producing ore mines in the Mesaba and
Cuyuna Ranges in Minnesota.
Underlies—$4,500,000 Ext. & Refg. 6s. Bonds
are reserved under that mortgage to retire this
Registerable
issue.
Net Earnings, 6/30/14......... $1,667 ,656*
Interest inieics wwde uss Sano id dam 320,4
This Issues: sscis siecis 5 sisces 8s a ae 110,450
*Compares with $2,231,269 in 1912-13, and
annual average for five years of $1,718,000.
Original Market—$3,000,000 offered in Nov.,
1908, by Eversz & Co., Chicago.
Market.
Chicago—First National Bank, Yard, Otis &
Taylor, Eversz & Co., John Burnham & Co.,
Stanwood, Taylor & Co., Curtis & Sanger, A. L.
Baker & Co.
INLAND STEEL COMPANY Extension & Ref.
6s. Series ‘‘A.” Due July 1, 1942.—F.
Dated July 1, 1912. Interest payable Jan.
and July 1, at New York or Chicago.
Authorized—$10,000,000.
Outstanding—$4,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $5,000 and $1,000.
C. & R. interchangeable.
Trustees—First Trust & Savings Bank,
and Emile K. Boisot, Chicago.
Redeemable at 103 and interest July 1, 1915,
or on any interest date thereafter upon 60 days’
notice.
Sinking Fund—On the first $2,500,000 bonds
issued (Series ‘“‘A’’) an annual sinking fund of
4% of outstanding bonds commences July 1,
1928. On bonds issued' in excess of the first
$2,500,000 the annual sinking fund of 4% out-
standing bonds becomes operative at once.
Amounts so received to be applied to the pur-
chase or redemption of these bonds at not
exceeding 103 and interest. In addition to the
above the coma agrees to pay the Trustee
$150,000 annually commencing July 1, 1913, and
ending with 1928, either in cash, in the 1st Re-
funding 6s (prior lien) or in bonds of this issue.
Bonds so acquired shall be cancelled and cash
received shall be applied to the purchase or
redemption of these bonds at not exceeding 103
and interest.
Secured by a second mortgage on all property
described under Ist 6s above. The mortgage
provides that the net quick assets of the Com-
pany shall always be at least 50% of the amount
of outstanding bonds of this issue, and _ shall
never be less than $2,500,000 during the life of
these bonds.
Prior Liens—$2,100,000 1st Serial 6s, payable
$150,000 annually, April 1, to 1928.
Net Earnings, 6/30/14......... $1,667,656
Interest. 30 icicisca de Ge uriices aie a
See also 1st 6s above. .
Original Market—$1,500,000 offered in July,
1912, by the First National Bank, Chicago, and
Potter, Choate & Prentice, New York, at par
and interest; also $1,000,000. offered in December
1912, by the First National Bank, Chicago, at
102 and interest. $1,000,000 offered in February,
1915, by the First Trust & Savings Bank, Chi-
cago, at 101 and interest.
Market.
Chicago—First National Bank, Yard, Otis &
Eevlor, Evers & Co., A. L. Baker & Co., W. H.
Colvin & Co., Stanwood, Taylor & Co., E. T.
Konsberg & Co., Curtis & Sanger.
New York—Potter, Choate & Prentice, H.
Duncan Bulkley, H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
INSPIRATION CONSOLIDATED COPPER
O. Convert. Deb. (Currency) 6s. Due
July 1, 1919.—N.
Dated July 1, 1915.
and July 1.
Authorized and Outstanding—$4,500,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Convertible at any time into stock at $25 per
share (par $20). ead ce
Sinking Fund—Beginning in 1916, 10 cents
per dry ton of ore treated.
Organization and Property—See 6s 1922 below.
Security—A direct obligation of the company,
but not secured by a mortgage.
Original Market—Offered to the stockholders
for subscription, pro rata, at par. $1,697,000
‘were taken by the stockholders, and the remain-
der by the underwriters, J. P. Morgan & Co.
Listed on the New York Stock Exchange.
Interest payable Jan. 1
a Market. :
New York—Eugene Meyer, Jr., & Co., Season-
good & Haas.
INSPIRATION CONSOLIDATED COPPER CO.
Conv. 10-Year 6s. Due March 1, 1922.—F.
‘Dated March 1, 1912. Interest payable March
and Sept. 1, at New York. .
Authorized and Outstanding—$6,000,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 110 and interest on any interest
date upon 80 days’ notice.
Sinking Fund—On May 1st, annually, begin-
ning in 1916 to and including 1918, ten cents for
each net dry ton of ore treated from the mort-
gaged properties during the year ending the pre-
ceding December 31st and twenty cents. from
1919, to be applied to the purchase or redemption
of these bonds at not over 110 and interest.
Bonds so redeemed to be cancelled.
Convertible at par into stock of the Company
any time prior to redemption, at $25 per share.
(par $20). . z
Organization—Incorporated in Maine in 1911
as a consolidation of the Inspiration Copper Co.,
and the Live Oak Development Co.
Secured by a first mortgage on 970 acres of
mining lands, most of which are patented, located
near Globe, Ariz. These lands contain copper
ore estimated to amount to 45,000,000 tons. A
large part of this ore assays about 2%. The
property is still in the development stage.
Underlies—$4,500,000 Convertible Deb. 6s.
Listed on the New York Stock Exchange.
Original Market—Offered, to shareholders of
record Feb. 1, 1912, at par up to March 1, 1912,
holders of 58 shares of stock being entitled to
subseribe for $500 in bonds.
arket._ F
New York—Thompson, Towle & Co., Did-
richsen & Co., Seasongood & Haas, Eugene
Meyer & Co.
INSTITUTION FOR ENCOURAGEMENT OF
IRRIGATION WORKS AND DEVELOP-
MENT OF AGRICULTURE, 8S. A. 35=Year
S. F. Guar. 44s. Due Nov. 1, 1943.—N.
Dated November 2, 1908. Interest payable
May and Nov. 1 at Speyer & Co., New York,
and at Mexico City, London, ete, May 1, 1914,
and subsequent interest in default.
Authorized and Outstanding—$25,000,000.
Denomination—Coupon, $100, $500, $1,000.
These bonds are payable in foreign countries
at the following equivalents: $1,000 Bonds at
£205-15-2; Marks, 4,200; Francs, 5,180;Guilders
2,480. $500 Bonds at £102-17-7; Marks, 2,100;
Francs, 2,590; Guilders, 1,240; $100 Bonds at
cag Marks, 420; Frances, 518; Guilders,
Trustee—The New York Trust Co., New York.
Redeemable as a whole only at 101 and interest
any interest date‘after Nov. 1, 1918, on three.
months’ notice, or, any part for Sinking Fund
at 100 and interest on two weeks’ notice.
Sinking Fund—After Nov. 1, 1918, a eumu-
lative Sinking Fund of not less than 14%
annually of total amount of bonds issued; the
bonds to be drawn for redemption at par and
interest, bonds so drawn to be kept alive for
benefit of Sinking Fund and interest accruing
thereon to be added to Sinking Fund.
Guaranteed principal, interest and Sinking
Fund by the Mexican Government by endorse-
ment on each bond.
Security—The institution was organized to
make loans for the encouragement of irrigation
and agricultural works and stock raising, and, in
exceptional cases, mining. Loans are to be
secured by mortgage and pledge of. property, or
guaranteed by companies authorized by the
Mexican Government to finance enterprises
falling within the sphere of this concession.
874
Loans shall not exceed 60% of the value of the
property. - he
Listed on the New York Stock Exchange.
Orignal_ Market—Underwritten in 1908 by
Speyer & Co., New York, Speyer Bros., London,
Lazard Speyer-Ellissen. Frankfort-on-the Main,
Deutsche Bank, Berlin, and Teixeira de Mattos
Bros., Amsterdam.
Market.
New York—Speyer & Co.
INTERBOROUGH-METROPOLITAN CO.
Year 6% Notes. Due July 1, 1915—F.
Dated July 1, 1910. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000 and_ $10,000.
Trustee—Bankers’ Trust Co., New Y:
5-
w York.
Redeemable at 102 and interest on any interest
date, beginning July 1, 1911, upon 30 days’
notice.
Sinking Fund—The Company agrees that be-
fore declaring or paying any dividend upon its
-preferred stock for any period of twelve months, ©
it will provide for the payment to the Trustee for
such period, of a sum of not less than $200,000,
to constitute a sinking fund for the purchase or
redemption of these notes at not exceeding 102
and interest. All notes acquired to be cancelled.
Security—A direct obligation of the Company
but not a mortgage. The Company agrees that
it will. not pledge or otherwise encumber its
stock in the Interborough Rapid Transit Co.
to secure any future indebtedness of the Com-
pany without thereby equally securing these
notes.
INTERBOROUGH-METROPOLITAN CO. Coll.
Tr. 434s. Due April 1, 1956.—F.
Dated April 1, 1906. Interest i payable April
and Oct. 1, at Windsor Trust Co., New York.
Authorized—$70,000,000.
Outstanding—$67,825,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000, $10,000. C. & R. interchangeable.
Trustee—Empire Trust Co., New York.
Sinking Fund—On June 2, 1910, a resolution
was passed by the directors of the Company ap-
propriating $300,000 annually out of any surplus
imcome in the hands of the Company after the
payment of interest and taxes upon its obliga-
tions for the acquisition of its. 146% collateral
trust bonds. These bonds are to be acquired
in the open market at not exceeding par and
interest, and to be held alive by the trustees and
interest thereon added to the fund. It is esti-
mated that the fund will amount to over $40,-
000,000 at maturity. 4
Organization—Incorporated in New York in
1906 as a holding Company, and has acquired
pececely all the capital stocks of the Inter-
orough, Rapid Transit Co., the Metropolitan
Street Ry. Co. and the Metropolitan Securities
Co. Through these securities, the Company
has control of the transit facilities of the main
ortion of New York City. The Interborough
apid Transit Co. controls the subway and
elevated lines, through leases with the city and
Manhattan Elevated Company, and the Metro-
politan interests own the surface lines.
Secured by a first lien on $32,912,500 out of
$85,000,000 stock of the Interborough Rapid
Transit Co. at the rate of $100 in stock for each
$200 in bonds. The company covenants that
until all these bonds are paid, the Interborough
Rapid Transit Co. will not increase its capital
stock unless all such additional stock be deposited
with the Trustee.
Net Earnings, 6/30/14........ $5,367,016
Bond interest......... 3,052,125
Other interest (inc. Notes)..... 454,126
Listed on the New York Stock Exchange.
Market.
New York—H. N. Whitney & Sons, Gude,
Winmill & Co.
INTERBOROUGH RAPID TRANSIT CO. Ist
Ref. 5s. Due January 1, 1966.—N.
Tax exempt in New York.
Dated January 1, 1913. Interest payable
January 1 and July 1.
Authorized—$300,000,000.
Outstanding—$98,658,000.
Denomination—Coupon, $1,000.
$1,000 and multiples thereof.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date as a whole
or in amounts of not less than $500,000, or in any
amounts for the sinking fund, at 110 and interest.
Sinking Fund—On July 1, 1918 and semi-
annually thereafter, an amount equal to 4 of
1% of bonds issued, payable in cash or bonds, to
be applied, if cash, to the purchase of these bonds
at not exceeding 110 and interest. If not pur-
chaseable bonds shall be called. All bonds so
acquired are to be kept alive and interest added
tosinking fund. This fund will retire $156,000,00.
of these bonds before maturity, and provision
is made for the retirement, through increase of
sinking fund payments, of additional bonds
which may be issued.
Secured by a first lien on leasehold interest
of the company in the Broadway and Lenox
Ave. subways and the Brooklyn Subway, which
leases extend, with renewals, beyond 1979 and
1960 respectively, and in the 999 year lease of
the Manhattan (Elevated) Ry., which operates
all of the elevated railroad in the boroughs of
Manhattan and the Bronx. These lines include
26 miles of subway (85 miles of track) and 38
miles of elevated road’ (118 miles of track.)
Further secured by a first lien on contracts with
the city providing for the operation of 147 miles
additional of subway track and 21 miles of
elevated track. Further secured by a first
lien on all power houses and equipment used
in connection with the operation of the subway,
but subject to the lien of the city to assure
performance of the terms of the lease.
Earnings—Under the contract with the city
the company is entitled to receive a sum estimated
at $14,700,000, after which the city will receive
8.76% on the money (about $66,000,000) which
it will invest in the subways. Above this the
city and company will share equally in earnings.
Net Income, 6/30/14......... $19,144,246
Registered,
Rental 9 jasccutes esvsiqaees x eieiuwiue 8,237,145
Interest, ete.............-006. 2,882,521
Market.
New York—Harris, Forbes & Co., Kissel,
Kinnicutt & Co., White, Weld & Co., Wm. A.
Read & Co., Jacobson & Friedman, C. E. Mitchell
& Co., Low, Dixon & Co., Seasongood & Haas,
Moore, Leonard & Lewis, Federal Utilities, Inc.,
L. M. Prince & Co., Colgate, Parker & Co., C. H.
Hensel, Gude, Winmill & Co., Edmund Seymour
& Co., Coggeshall & Hicks, Hodenpyl, Hardy &
Co., Ine.
Philadelphia—E. B. Smith & Co. E. W, Clark
& Co., Wistar & Stokes, Henry & West, Harper
& Turner, Newburger, Henderson & Loeb.
Milwaukee—Edgar, Ricker & Co.
Boston—N. W. Harris & Co., Lee, Higginson
& Co., Edgerly & Crocker, Adams & Co., Parkin-
son & Burr, Paine, Webber & Co., W. L. Ray-
mond & Co., Moors & Cabot, Wm. A. Read &
oO.
St. Louis—Bowman, Cost & Co.
Denver—Edwin M. Bosworth & Co.
Cincinnati—Fifth-Third National Bank.
Baltimore—Jenkins, Whedbee & Poe. :
Chicago—Hodenpyl, Hardy & Co., Inc., Paine,
Webber & Co., Harris Trust & Savings Bank,
Harris, Winthrop & Co.
375
INTERMOUNTAIN RAILWAY, LIGHT &
POWER Ist 6s. Due August 1, 1942.—F.
Dated August 1, 1912. Interest payable
February 1 and August 1 in New York.
Authorized—$2,000,000.
Outstanding—$201,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only.
Trustee—Colorado Title & Trust Co., Colo-
rado Springs, Col.
Redeemable at 105 and interest on any interest
date from August 1, 1917, to August 1, 1932,
and at 1024 thereafter.
Sinking !und—$3,000 bonds shall be pur-
chased and cancelled annually to 1917, and from
1917 to 1921, 2% annually of outstanding bonds,
1922 to 1926, 3%, 1927 to 1931, 4%; 1932 to
1936,.5%, and thereafter to maturity 6%.
soto aes ncerporated in Colorado in
Secured by a first mortgage on plants supply-
ing electricity in Lamar and Las Animas, Col.,
and Chadron and Crawford, Neb., and steam
heat in Lamar and Crawford and ice in Las
Animas, and a second mortgage on plant sup-
plying electricity and steam heat in Laramie,
Wyo. . Population served, 21,000.
Prior Liens—$65,000 Laramie Lt. & Pr. and
Laramie El. Co. bonds.
Net Earnings (12 mos.), 1/31/15 $47,215
Interest on present issue......... 25,140
Original Market—Offered in January, 1915,
by Liggett, Hichborn & Co., Boston, and Augusta,
Me., at par and interest.
INTERNATIONAL & GREAT NORTHERN
RAILROAD CO. Ist 6s. Due Noy. 1,
1919.—N.
See Map 182.
Dated November 1,'1879. Interest payable
May and Nov. 1, at-Trustee’s office.
“no per Mile of Completed Road—
, . é
Outstanding—$11,290,500.
Denomination—Coupon; $500 and $1,000.
Registerable as to principals 6
Trustee—Equitable Trust Co., New York.
Control—Absorbed by the International &
Great Northern Ry. Co. This company is now
in the. hands of a receiver. In the previous re-
ceivership, which was dissolved in 1911, these
bondswere not disturbed.
Secured by a first mortgage on (1) 1,106 miles
of road from Longview to Laredo, Tex., Forth
Worth to Houston, Tex., and branches. The
company has trackage rights from Houston to
Galveston. This is the only through line enter-
ing Laredo from the North. At Laredo, which
is more than 400 miles nearer Mexico City than
El Paso, connection is made with the National
Rys. of Mexico. These bonds are outstanding
at the rate of $10,000 per mile. In 1910 the
Texas Railroad Commission valued the entire
property at $30,365,047.
Underlies—$13,100,000 International & Great
Northern Ry. Co.’s 1st & Ref. 5s of 1941. Bonds
are reserved under the Ist & Ref’g mortgage to
retire this issue.
Net Earnings, 6/30/14....... --+ $874,967
Interest, ete..... 0... eee eee 1,321,704*
*Compares with $1,723,669 in 1912-18. The
company has had a large deficit in all but three
of the last ten years.
Listed on the New York Stock Exchange.
Market.
New York—F. H. Hatch & Co., Gude, Win-
mill & Co., Korn, Lehman & Co., Plympton,
Gardiner & Co., Denny, Pomroy & Co., ee-
man & Co., McGeorge & Vanderhoef.
INTERNATIONAL & GREAT NORTHERN
RAILWAY CO. Ist Ref’g Mtge. 5s. Due
August 1, 1941.—F.
See Map 182.
376
Dated August 1, 1911. Interest payable
February and August 1, at Trustee’s office.
Authorized—$50,000,000.
Outstanding—$2,641,000.
Deposited as Collateral for Notes—$12,150,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. ‘
Trustee—Central Trust Co., New York.
Redeemable on any interest date at 110 and
interest.
Organization—See 1st 6s above.
Secured by a second mortgage on (1) 1,106
miles of road described under 1st 6s above.
Prior Liens—$11,290,500 1st 6s and $198,000
Col. Bridge 7s.
Earnings—See 1st 6s above.
INTERNATIONAL & GREAT NORTHERN
RAILROAD Equipment Tr. 5s. Due $50,-
000 each February 1 and August 1to August
1, 1923.—F.
Dated August 1, 1913. Interest payable
Pebeuary 1 and August 1, at Blair & Co., New
ork. a
Authorized—$1,000,000.
Outstanding—$850,000.
Retired—$150,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Secured by an equipment trust agreement on
13 locomotives, 200 steel underframe box cars,
200 steel underframe ventilated box cars, 400
steel underframe stock cars and 200 steel coal
cars, costing $1,245,580 of which $245,580 was
paid in cash.
Market.
New York—Freeman & Co., Blair & Co.,
Knauth, Nachod & Kuhne, Redmond & Co.,
Coggeshall & Hicks, Bull & Eldredge.
Baltimore—Owen Daly & Co.
INTERNATIONAL & GREAT NORTHERN
RAILWAY CO. 3-Year 5% Notes. Due Aug.
1, 1914.—F.
In default as to principal.
Dated August 1, 1911. Interest payable Feb.
and Aug. 1, at New York. Aug. 1, 1914, interest
in default.
Authorized and Outstanding—$11,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. _
Redeemable at 101 and interest at any time
on 30 days’ notice.
Organization—See 1st 6s above. *
Protective Committee—Alexander Hemphill,
Franklin Q. Brown, Willard V. King, Alvin W.
Krech, Edwin G. Merrill, Frederick Strauss,
Benjamin Strong, Jr., S. H. Voorhees and R.-
Lancaster Williams. Secretary, Wm C. Cox,
140 Broadway, New York. Depositary, Guar-
anty Trust Co., New York.
Secured by pledge of $13,000,000 I. & Gt. N.
Ry. Co’s 1st & Ref. 5s, which bonds form a direct
lien on the entire property of the company,
subject to underlying liens of the International &
Great Northern R. R.
Earnings—See 1st 6s above.
Original Market—Offered in 1911 by Redmond
& Co. and J. & W. Seligman & Co., New York,
and Middendorf, Williams & Co., Baltimore, at
99 and interest.
Market.
New York—Guaranty Trust Co. Geo. H. Burr,
& Co., Redmond & Co., Rhoades & Co., H. N...
Whitney & Sons, Chas. D. Barney & Co., Cur :
& Sanger, Knauth, Nachod & Kuhne, Seasongood ?
& Haas, J. S. Bache & Co., Gude, Winmill & Co.,
Crawford, Patton & Cannon, Bull & Eldredge,
Folsom & Adams, Jos. Walker & Sons, Struthers -
& Hiscoe, Millett, Roe & Hagen, Morgan &
Bartlet, Swartwout & Appenzalan,, Alfred R.
Risse, Ambrose R. Clark, L. M. Prince & Co.,
Freeman & Co.
‘Baltimore—Middendorf, ne & Co.
Philadelphia—E. W. al ark &-»-Co., Rufus
Waples & Co. ae t
Boston—Edgerly & Crocker,
- Cincinnati—Murray & Co.
INTERNATIONAL AGRICULTURAL CORPO-
RATION Ist & Coll. Tr. 20-Year S. F. 5s.
Due May 1, 1932.—F.
Dated May 1, 1912. Interest payable May
and Nov. -1,. at New York:
Authorized—$30, 000,000.
Outatanding—$12, 418, 000.
Retired by Sinking Fund—$582,000.
Denomination—Coupon, $100, $500
$1,000. $500 and $1,000 registerable as to prin-
$3000 Beate. $1,000,--$5,000 $25,000 and
0,000.: & R. $1, 000 bonds interchangea-
Pa kanuenackuet Trust Co., New York,
and Frank N. B. Close.
4 Redeemable at 103 and interest on any interest
ate.
Sinking Fund—Annually, beginning May 1,
1914, 214% of the total par value of all bonds
previously issued, and in addition if in the
calendar year preceding the date of payment
to the sinking fund there is mined in the aggre-
gate from lands owned by the Corporation or any
of its subsidiaries in excess of 1,000,000 tons of
phosphate rock the Corporation shall pay into
the sinking fund at least 20 cents a ton on such
excess tonnage. The sinking fund is to be applied
to the purchase or redemption of these bonds at
not over 103 and interest. Bonds so redeemed to
be cancelled.
2 Organization—Incorporated in New York in
and
Secured by a first mortgage on all property,
owned or hereafter acquired, including entire
capital stocks of each subsidiary company and
substantially all the mortgage bonds of the Inde-
pendent Phosphate Co. The following stocks
are pledged: Prairie Pebble ¥ hospbete Co.,
$1,380,000; Florida Mining Co., $361,400; Inde-
pendent Phosphate Co., $96,400; Agricultural
vestment Corporation, $895,20 03 Home Mix-
ture Guano Co., $100,000.
The properties: of the Corporation and its
subsidiaries include fertilizer plants at the fol-
lowing points: Buffalo,.N. Y.; Houlton, Me.;
Espy, Pa.; Wilkes-Barre, Pa.; St. Stephens,
N. B.; Florence, Ala.; Montgomery, Ala.; East
Point, Ga.; Americus, Ga.; Nashville, Tenn.;
Augusta, Ga.; Spartanburg, 8S. C. Directly,
or through subsidiaries, the Corporation owns
or leases extensive phosphate rock properties
aggregating about 50,000 acres of mineralized
land, estimated to contain about 100,000,000
tons of phosphate rock, of which amount about
40,000,000 tons have been located.
Net ‘Barnings, 6/30/14
Dn Cen OS isos nseccvosaiieiseaiendcneduaceve ation nace
Original Market—$9,000,000 offered in June,
1912, by White, Weld & Co., New York, at 95
and interest.
Market.
New York—Rhoades & Co., H. N. Whitney
& Sons, White, Weld & Co., Hornblower &
Weeks, McGeorge & Vanderhoef, Rauscher &
Childress, J. K. Rice, Jr., & Co., Babcock, Rush-
ton & Co., Didrichsen & Co., Wolff & Stanley,
Gilbert Eliott & Co., Morton Lachenbruch, F.
H. Hach & Co., Whittemore, Pell & Co., Bige-
low & Co., Ernest Smith, Hendrichson & Co.,
Kirkpatrick & Lewis.
Boston—E. M. Farnsworth & et
Baltimore—J. S. Wilson, Jr., & Co.
New Orleans—Interstate Trust & Banking Co.
Philadelphia—Henry & West.
INTERNATIONAL COTTON MILLS 5-Year
6% Notes. Due June 1, 1918.—F.
Dated June 2, 1913. Interest payable June 1
3
and December 1, at Blair & Co., New York, and
Lee, Higginson & Gee Boston.
Authorized—$5,00 0,000.
Outstanding—$4,000,000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
. Trustee—Old Colony Trust ‘Co., Boston.
. Redeemable at 101 and interest,
‘Organization—Incorporated in Massachusetts
in February, 1913.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that neither it nor the Bay State
Cotton Corp. will place any mortgage on the prop-
erty now owned, or issue, guarantee or indorse
any securities whatsoever, except for the acquisi-
tion of additional property.
The company owns plants and mills at: Man-
chester, N. H., and La Grange and Hogansville,
Ga. Controlled companies own mills at Hamil-
ton, Ont., Newburyport, Mass., Le Roy, N. Y.,
Lowell, Mass., and Yarmouth, N.S. The Mt-
Vernon-Woodberry Cotton Duck Co. was for-
merly controlled ee ownership of prac-
tically its entire capita e owns plants at
Tallassee, Ala., Columbia, S. C., and nine mills
near Baltimore, subject to $14,000,000 bonds, of
which $575,000 are owned by the Int. Cotton
Mills. This company defaulted in the payment
of interest on its bonds, and has been reorgan-
ized, and the International Cotton Mills has no
longer any interest in the company.
Net Earnings, 12/31/13.......... $461,384
Interest and taxes............... 228,236
Dividends, ase ait aur foshesi 124, 377
arket.
New York—Blair ve Co., McGeorge & Van-
derhoef, S. L. Snowden, Seasongood & Haas.
ccoston— Walter S. Place, Lee, Higginson &
0.
INTERNATIONAL HARVESTER CO. OF N. J.
3-Year 5% Gold Notes. Due Feb. 15,
1918.—F. !
Dated Feb. 15, 1915.
and Aug. 15, at New York.
Authorized and Outstanding—$20, 000,000.
Denomination—Cou eran $1,000, $65, 000 and
$10,000 or multiples of $1,000.
Trustee—Bankers’ Trust Co., New York.
Note—In August, 1914, the U. S. District
Court held that the relations of the company
and its subsidiaries constitute a monopoly in
restraint of trade, and order a plan of dissolution
to be submitted within one year. The company
has taken an appeal from this decision.
. Security—A direct obligation of the Company.
but not secured by mortgage. $5,000,000 of the
issue has béen assumed by the International
Harvester Corp. In the event of a default this
company is liable for the whole amount.
Six of the plants of the company were sold to
the International Harvester Corp. in January,
ae and the company now owns the following
plants:
Champion Works, covering 70 acres at Spring-
field, O., where harvesting and seeding ma-
chines and hay pressers are manufactured.
Deering Works, covering 81 acres in Chicago,
where binders, reapers, mowers, etc. are
manufactured.
Keystone Works, covering six acres of ground at
Rock Falls, Ill., where shellers, harrows and
hay loaders are manufactured.
McCormick Works, covering 126 acres of ground
at Chicago, where binders, reapers, mowers,
ete., are manufactured.
Osborne Works covering 71 acres of ground at
nner te Y., where harvesting machines are
made
The company also owns extensive twine mills
Levine an annual capacity of more than 100,000
ons of twine. The International Harvester
Co controls numerous subsidiary companies,
17
Interest payable Feb.
including steel, lumber: and: railroad companies
and the International Harvester Corp.
Market.
New York—Geo. H. Burr & Co., Rhoades &
Co., Seasongood & Haas, Crawford, Patton &
Cannon, Harvey Fisk & Sons, Bull & Eldredge,
Curtis & Sanger, Babcock, Rushton & Co.,
Struthers & Hiscoe, Boe Meyer, Jr., & Ca.,
Joseph Walker & Son, J. S. Bache & Co., Folsom
& Adams, Seer & ‘Appenzellar, Bigelow &
Co., J. A. Clark & Co., Morgan & Bartlet,
Raymond, Pynchon & Co., Pipe buleey Hender-
son & Loeb, White, Weld & Co. C. Cottrell,
J. J. Levenson, Montgomery, Cibthier & Tyler,
Hornblower & Weeks.
Chicago—First National Bank, Merchants’
Loan & Trust Co., Alfred L. Baker & Ca., Central.
Trust Co., White, Weld & Co.
Boston—Lee, Higginson & Co., Jackson &
Curtis.
Toledo—Secor & Bell.
Philadelphia—Robt. W. Daniel. & Co., Graham
& Co.
INTERNATIONAL MERCANTILE MARINE
COMPANY Mortgage and Coll. Tr. 4)4s.
Due Oct. 1, 1922.—F.
Dated October 1, 1902. Interest payable
April and Oct. 1, at J.P. Morgan & Co., New.
York. October 1, 1914, and salsequent interest
in default. , 5
Authorized—$75,000, 000.
Outstanding—$52,744,000.
Denomination—Coupon, $1,000.
as to'principal or fully registerable.
$1,000. & R. interchangeable.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any interest
date upon published notice.
Organization—Incorporated in New Jersey in
1893 as the Fnteraarional Navigation Co.; name
changed Oct. 1, 1902 to the present title.
Protective ‘Committee—Otto Barnard,
Andrew J. Miller, Frederick H. Shipman, Sidney
F. Tyler, Albert H. Wiggin and L. G. Meyers.
Depositaries, New York Trust Co., N. Y.; Land
Title & Trust Co., Phila.; Boissevain & Co.,
Amsterdam, and Glyn, Mills, Currie & Co.,
London.
Secured by a first collateral lien by deposit
with the Trustee of the following stocks: 20 shares
out of a total of 2,769 shares (par value 5,000
franes) of the Societe Anonyme de Navigation
Belge-Americaine; 29,993 out of a total of 30,000
shares (par value $100). Atlantic Transport Co.
of West Va.; 100 shares out of a total of 70,000
shares (par value £10) of the International
Navigation Co., Limited; also 25 share lien
certificates (total issue) “of the International
Navigation Co., Limited (for £1,000,000 each),
which are secured by deposit thereunder of the
following shares and property; 750 shares (par
value. £1,000), total outstanding issue, capital
stock of the Oceanic Steam Navigation Co.,
Limited; 45,432 out of a total outstanding issue
of 45,692 shares (par value £10) capital stock
of the British & No. Atlantic Steam Navi-
gation Co., Limited; 21,437 out of a total out-
standing issue of 21, 538 shares (par value £15)
capital stock of the Mississippi & Dominion
Steamship Co., Limited; 50,000 shares (par value
£20), total outstanding’ capital, stock of the At-
lantic Transport Co., Limited; 118,463 out of a
total outstanding issue of 120,000 ordinary shares,
and 58,703 out of a total of 141,500 preference
shares (par value each £10), -eapital stock of the
Frederick Leyland & Co., imited; the business,
good will, assets and property of the partner-
ship of the firms of Ismay, Imbrie & Co. and
Richards, Mill & Co., excluding from each
certain properties and rights. A second lien on
the property and securities covered by the first
pen ae the International Navigation Sinking
‘und 6s.
Registerable
Registered,
378
The stocks,, deposited hereunder represent
control of the ‘White Star Line, Red Star Line,
American Line, Atlantic Transport Line, Domin-
ion Line and Leyland Line. These lines operate
more than 120 steamers having a gross tonnage
in excess of 1,100,000 tons.
Prior Liens—$18,398,000 the International
Navigation Co. Sinking Fund 5s of 1929
There are also outstanding $8,300,000 none of
subsidiary companies. .
Net Earnings, 12/31/13........ $2, 410,702
ENUCTOSb 6 «5.6: sasusis ears ERE 3,693,743
Listed on the New York Stock Exchange..,
arket.
New York—L. M. Prince & Co., Slattery &
Co., Tobey & Kirk.
INTERNATIONAL MILLING CO.
Due July 1, 1930.—F.
Dated July 1. 1910... Interest payable Jan.
and July 1, at Bank of Montreal, Toronto,
Montreal, New York and London.
Outstanding—$732,500.
Held in Treasury—$618.000. .
Retired by Sinking Fand—$86,500
Denomination—Coupon, $500 ‘and. $1,000. and
Sterling equivalent. Registerable as to principal.
Trustee—National Trust Co., Ltd., Toronto
qd Minnesota Loan & Trust Co., Minneapolis,
inn.
Redeemable on July 1, 1915 or any interest
date, thereafter at 105 and interest.
Sinking Fund—Sum sufficient to retire 3% of
bonds outstanding annually for first 10 years;
4% for next. five years and 5% for last five years.
Secured by a first mortgage on three flour mills
located in New Prague and vicinity in Minnesota
and on one mill located in Moose Jaw, Sask.,
Can.
Net Earnings, 8/31/14 wile Saenteueusse se 8 . $519,115
Interest sous 2 says ase nga jes tee
: Original Market—Offered by A. E. Ames &
Co., Toronto, at par and interest. April, 1911.
Market.
Montreal—Nesbit, Thompson & Co., Ltd.
Investment Na Co., Ltd.
Toronto—A. E. Ames & Co., Goldman & Co.
INTERNATIONAL NAVIGATION CO. Ist S. F.
5s. Due Feb. 1, 1929.—F.
Dated February 1, 1899. Interest payable,
Feb. and Aug. 1, at Company’s office, 9 Broad-
way, New York. Interest due February 1, 1915,
in default. .
Authorized—$20,000,000.
Outstanding—$17,630,000.
In Treasury of Company—$101,000.
Retired by Sinking Fund—$2,471,000.
Denomination—Coupon, $1,000. "Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at par and interest upon two
weeks’ published notice, and interest shall cease
after 30 days from date of.last publication.
Sinking Fund—Annually beginning May 1,
1905, the net earnings which remain after the
payment of all fixed charges, up to the sum of
$250,000; or 20% of net earnings, if same exceeds
that amount; but not more than $500,000 shall
be paid in any one year.
Organization—The International Navigation
Co.’s title was changed in 1902. to the Inter-
national Mercantile Marine Co.
Protective Committee—William . P. Gest, tT.
De Witt Cuyler, Samuel F. Houston, Charles D.
Norton and George S. Brewster. Secretary,
T. Homer Atherton, 325 Chestnut St., Phila.
Depositaries, Fidelity Trust Co., Phila., and
Bankers’ Trust Co., New York.
Secured by a first “mortgage on the steamships
“New York,” built in 1888, 10,799 tons; “Phila-
delphia”’ (formerly, ‘Paris’ y built in 1839, 10,786
tons; ‘‘St. Louis,’’ built. in 1895, 11,629 tons;
“St. "Paul, ”? built in: 1895, 11,629 tons; | *Kroon-
Ist 6s.
land,” built in 1902, 12,760 tons; and ‘‘Finland,”
built in 1902, 12,760 tons. Also a first collateral
lien on_ 69,900 out of a total of 70,000 shares
(par value £10) of the International Navigation
Co., Limited, which owns the following ships:—
“Southwark,” built in 1898, tonnage 8,607;
“Kensington,” built in 1894, tonnage, 8,669;
“Zeeland,” built in 1901, tonnage 11,905; ‘‘Haver-
ford,”’ built in 1901, tonnage 11,635; ‘‘Merion,’”’
built in 1902, tonnage 11,621; and on 2,719 shares
out of a total of 2,769 (par value 5,000 francs)
of the Societe Anonyme de Navigation Belge-
Americaine, which owns ‘“‘Vaderland,” built in
1900, tonnage 12,018.
Underlies—$52,774,000 International Mercan-
tile Marine Mtge. & Col. 414s of 1922.
Net Earnings, 12/31/13........ $9,410,702
Interest oo. jis ist cnscaeas ea 3,693,743
Thisiissue), ss xapseaavanacasvats i 1,320,263 |
Listed on the New York Stock Exchange.
arket.
New York—E. Bunge & Co., A. M. Kidder &
Co., Coffin & Co., Bigelow & Co., A. E. Fit-
kin & Co., Slattery & Co., Gilbert Eliott & Co.,
Rauscher & Childress, Jacobson & Friedman.
Philadelphia—Elkins, Morris & Co., Pening -
ton, Colket & Co., Chas. Fearon & Co., S. K.
Phillips.
INTERNATIONAL PAPER COMPANY Ist
Cons. 6s. Due Feb. 1, 1918.—F.
Dated February 1, 1898. Interest payable
Feb. and Aug. 1, at Metropolitan Trust Co.,
New York. ss. bg ow
Authorized—$10,000,000.
Outstanding—$8,291,000. : ‘
Redeemed by Sinking Fund—$1,709,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ae .
Trustee—United States: Trust Co., New York.
Redeemable for Sinking Fund on any interest
day at 105 and interest.
Sinking Fund—$150;000 a year, commencing
Feb. 1, 1905, out of the surplus net earnings of
the Corporation for the preceding year, for the
redemption of these bonds at not exceeding 105
and interest.
Organization—Incorporated in New York in
Secured by a mortgage on the _ properties
located at Glens Falls, N. Y.; Cadyville, N. Y.;
Palmer’s Falis, N. Y.; Niagara Falls, N. Y.;
Herkimer, N. Y.; Watertown, N. Y.; Ticon-
deroga, N. Y.; Bellow’s Falls, Vt.; Franklin Falls,
N. H.; Berlin, N. H.; Chisholm, Me.; Jay, Me.;
Livermore Falls, Me.; Rumford Falls, Me.; Oro-
no, Me.; Lawrence, Mass.; Haverhill, Mass.; and
at Turner’s Falls, Mass.; also on 450,000 acres of
sprucewood lands in New York, New Hampshire,
ae Maine and Michigan, subject to prior
liens. to , i
Prior Liens—$2,038,000 ‘divisional’? bonds.
Underlies—$4,560,000 International. Paper
Cons. Conv. 5s of 1935. .
Net Earnings, 12/31/14........ $3,088,898
Interest osc iiscitsiwe es ai hatareveea 867,649
This issue......., gs Skog Mstantwasarisnag ar ag 629,299 ,
Listed on the New York Stock Exchange. |:
Market.
Portland—Chas. H. Gilman & Co.
New York—Bigelow & Co., Spencer Trask &
Co., Pouch & Co.
INTERNATIONAL PAPER COMPANY Cons.
Cony. 5s. Due Jan. 1, 1935.—F.
Dated January 38, 1905. Interest payable
aon and July 1, at, Metropolitan Trust Co., New
ork. pts é
Authorized—$10,000,000.
Outstanding—$4,560,000.
Redeemed by Sinking Fund—$1,440,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
379
Convertible into preferred stock of the Com
pany at par on any interest day before 1917.
Sinking Fund—Annually, on or before Jan. 1,
a sum equal to 2% of bonds issued, to be applied
to the purchase or redemption of bonds at not
over 105 and interest. :
Secured by a first collateral lien by deposit
with the Trustee of the practically entire out-
standing capital stocks of the following com-
panies: Piercefield Paper Co., whieh owns plant
at Piercefield, N. Y. and 88,000 acres of wood-
lands, subject to $389,000 1st mortgage 6s due
1919; Olcott Falls Co. which owns, plant at
Wilder, Vt., subject to $389,000 1st mortgage
5s due 1919; St. Maurice Lumber Co., which
owns timber rights from 2,700 square miles of
land and also owns mills at Three Rivers and
Betiscan, Canada, upon which there is no mort-
gage debt; Champlain Realty Co., which owns
70,000 acres of woodlands in New York, Vermont
and New Hampshire upon which there is no
mortgage debt; Umbagog Paper Co., which
owns 93,000 acres of timberlands in Maine, mills
at Solon and South Gardiner, Maine, and also
water powers and lands subject to $75,000
bonds due 1918; American Realty Co., which
owns 258,000 acres of woodlands in Maine and
New Hampshire subject to $255,000 1st mort-
gage 5s due 1941; Ram Island Power Co. (suc-
cessor to the Maine Pulp & Paper Co.) which
owns water powers, lands and flowage meee at
Turner, Leeds, Greene and Livermore, Maine,
upon which there is no mortgage debt; Winnipi-.
seogee Lake Cotton & Woolen Mfg. Co,, which
owns water powers and real estate at Lakeport,
N. H., upon which there is no mortgage, debt;
and Champion International Co., which. .owns
paper mills at Lawrence and East Pepperell,
Mass. The total capitalization outstanding
of the above companies aggregates $4,897,700,
of which there is deposited hereunder $4,281,500.
Also a second mortgage on the property covered
by the 1st Cons. 6s of 1918. ‘é
Prior Liens—$10,500,000 1st Cons. 6s of 1918
and underlying bonds. , :
Net Earnings, 12/31/14..... ».. $3,088,898
Interest wsiisac oc cniw sea ans bai eusied a
Listed on the New York Stock Exchange.
Original Market—Underwritten in 1905 by
Flower,& Co., New York.
aa : arket. 4
New York—Spencer Trask & Co., McGeorge &
Vanderhoef, Pouch & Co., Hartshorne & Battelle,
F. H. Hatch & Co., J. H. Becker & Co., L, M.
Prince & Co., Bull & Eldredge.
eee
INTERNATIONAL RAILWAY CO. Ref. & Imp.
5s. Due Nov. 1, 1962.
Dated November 1, 1912. Interest payable
May and Nov. 1, at New York.
Authorized— $60,000,000.
Outstanding—$10,556,000.
Owned and pledged by the International Trac-
tion Co.— $4,344,000.
enomination—Coupon, $1,000 and $100.
Registered, $1,000 and multiples thereof.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 110 and interest on any interest
date. —
Sinking Fund—Commencing with the year 1912
annually, such sums of money as in the aggre-
gate (with interest thereon compounded) will be
sufficient by the first day of July, 1949, to provide
funds for the payment of existing mortgage bonds
of the International Railway Company and its
subsidiary companies, amounting in the aggre-
gate to $12,651,500 par value, and for the pay-
ment of such of the new 5% mortgage bonds, of
the Railway Company as shall have been issued
to; Pay the said existing mortgage bonds of the
Railway Company and of its said subsidiary
companies. ‘
Organization—Incorporated in New York in
1902. All of the stock is owned by the Inter-
national Traction Co., which is controlled through
ownership of more than 50% of its capital stock
by the United Gas & Electric Corp.
Secured by a mortgage on 394 miles of track,
including 222 miles in Buffalo, and 162 miles of
interurvan lines betwee: en that city, North Tona-
wanda, Niagara Falls, Lockport and Depew,
and’ local street railway , lines ‘in those cities.
Population served, Buffalo, 450,000, remaining
territory, 100,000. Four-fifths of the mileage
in Buffalo is operated under perpetual franchises,
and of the remaining mileage all except 47
miles is operated under franchises which are
either perpetual or extend for more than 25 years.
Prior Liens—$11,022,000 bonds. A sufficient
amount of these bonds are reserved to retire the
various underlying issues at maturity.
Underlies—$18,355,000 International Traction
Col. Tr. 5s.
Net Earnings, 12/31/14 $2,846,947
Interest and sinkin; ng fund....... 1,271,889
Original Market—Offered in 1912, at 9714 and
interest by Bertron, Grisécom & Co., New York,
and Perry, Coffin & Burr, Boston.
$600,000 offered in February, 1915, by Harris,
Forbes & Co., New York, Harris Trust & Sav-
ings Bank, Chicago, and N. W. Harris & Co.,
and Perry, Coffin & Burr, ay at 92% and
interest. —
Market.
New York—Harris, forbes & Co., Beyer & Co.,
Rauscher & Chil dress, Perry, Coffin’ & Burr,
John D. Curtis & Co., Gude, Winmill & Co. 3
Boston—W. L. Raymond & Co., Perry, Coffin
& Burr, L. Sherman Adams, N. W. Harris & Co.
Providernce—John C. Hume & Co.
Louisville—J. J. B. Hilliard & Son, John W.
& D. 8. Green, Henning, Chambers & Co.
Buffalo—Arthur Batty, Teller & Evers.
Chicago—Hulburd, Warreh & Chandler, Harris
Trust & Sav. Bk.
INTERNATIONAL S SALT Co. Ist and Cons.
Coll. Tr. 5s. Due Oct. 1, 1951.—F.:
" Dated Oct. 1, 1901. Interest: payable “April 1
and Oct. 1, at Empire Trust Co., New York.
Authorized—$12, 000,000.
~ Outstanding—$3, $29, 900.
Retired—$3,191,000,.
Denomination—Coupon, $500 and $1,000.
Trustee—United States’ Mortgage & Trust Co.,
New York.
' Redeemable at 105 and interest.
- Sinking Fund—$200,000 per annum.
Organization—Incorporated in New Jersey
in 1901. Owns practically the entire capital
stock of the Retsof Mining Co., which has exten-
sive salt mines in Livingston County, N. Y., and
the Detroit Rock Salt Co., owning mines just
outside of Detroit, Mich.
Secured by pledge of 35,890 of the 36, 000
shares of stock of the Retsof Mining Co.
Prior Liens—$2,500,000 Retsof Mining Co.
Ist 5s of 1925. The Detroit Rock Salt Co. has
outstanding $1,000,000 1st mortgage bonds.
Net Earnings, 2/28/1 Biaaess 6 in +. $665,478
Interest, etc........ 0... eee eee 372,188
New ao K. Rice, Jr., & Co., R. F. West-
erfield, F. H. Hatch & Co., Tobey & Kirk,
Coffin & Co., Williamson & Squire, Douglas
Fenwick & Co., L. A. Norton, ree & Fried-
man, Gilbert Eliott & Co.; B. H. & F. W. Pelzer,
J. A. Clark & Co., Geo. S. ora Didrichsen &
Co., R. S. Claus, C. a. Jones & Bo., Kirkpatrick
& Lewis.
Scranton—Brooks & Co., E. A. Burke & Co,
Philadelphia—Mellor « & & Petry.
INTERNATIONAL ‘SILVER CO. Ist 6s.
Dec. 1, 1948.—F.
Dated’ December 1, 1898.
June and Dec. 1, at New Yor
Authorized—$4,500,000.
Due
Interest payable
Outstanding—$3,174,000.
Retired for Sinking Fund—$677,0
Denomination—Coupon, $1,000. Hevintsenbia
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 110 and interest for sinking
fund upon 10 days’ notice.
Sinking Fund—Annually, beginning Dec.” 1,
1901, $60,000 for the purchase or redemption of
these bonds at not exceeding 110 and interest.
Bonds so redeemed to be cancelled.
Organization—Incorporated in New Jersey in
1898 as a combination of the leading manufac-
turers of silver and silver-plate ware in the
United States and Canada.
Secured by ‘a first mortgage on the numerous
plants of the company and all of its other prop-
erty. The plants are located as follows: Hart-
ford ,Conn., three plants; Meriden, Conn., four
plants; Wallingford, Conn., three plants; Water-
bury, Conn., two plants; Bridgeport,, Conn.,
ea Conn., Norwich, Conn., and ne
an.
Underlies—$1,867,000 Deb. 6s.
Net Earnings, 12/31/14 # ay: 813
Interest............-.06- ues 305,36 2
THIS ISSO ccs od sarge aces watchs 193,342
Original Market—Offered in 1898 at 5 and
interest. .
ee Market.
New York—Gilbert Eliott & Co., J. K. Rice,
Jr., & Co., L. A. Norton, Bigelow & Co.,'F. H.
Hatch & Co.,; Geo. S. Crap, Gude, Winmill & Co.
New Haven —tanien ys Root & Co., H. C.
Warren & Co., The Chas. W. Scranton Co.,
Clarence E. Thompson & Sons.
Hartford—Richter & Co., R. P. Crary.
INTERNATIONAL SILVER CO. Deb. 6s.
Jan. 1, 1933.—F.
Dated Jan. 1, 1903. Interest payable Jan.
and July 1, at emeriren Exchange National
Bank, New York.
Authorized—$2, 000,000.
err da i 7,000..
Retired—$133,
Maneelueion Capon. $1,000..
Redeemable at par and interest.
Security—A direct obligation of the company
but not secured by a mortgage.
Prior Liens—$3,174, noe 6s oF 1948.
Due
Net Earnings, 13/31/13 Reena $1,203,650
TNGOR ESE assis o6sd suezsceptiarsrcanecev erase 308,644
Market.
New York—J. K. Rice, Jr., & Co., F. H. Hatch
& Co., Tobey & Kirk,
mill & Co. /
New Haven—Chas. W. Scranton Co.
L. A. no Gude, Win-
INTERNATIONAL STEAM PUMP COMPANY
lst Lien 20-Year S. F. 5s. Due Sept. 1,
1929.—F.
Dated September 1, 1909. Tax exempt in
New York State. Interest payable March and
Sept. 1, at New York; London, at 4.86 per £ Ster-
ling; Paris, at Frs, 5.18 and Amsterdam, at
Fl. 2.48. September 1, 1914, and subsequent
interest in default. :
Authorized—$12,000,000.
Outstanding—$9,347,000.
Retired by Sinking Fund—$653,000.
Denomination—Coupon, $100, $500, $1,000.
Registerable as to principal or fully registerable.
Registered, $1,000, $5,000, $10,000. C. & R.
interchangeable.
Trustee—The Guaranty Trust Co., New York.
Redeemable at 103 and interest on any interest
date upon eight weeks’ notice.
Sinking Fund—Annually, on Sept. 1, the fol-
lowing sums in cash: 1914-16, inclusive, $250,-
000; 1917-19, inclusive, $300,000; 1920-23, in-
clusive, $350, 000; 1924-26, inclusive, $400, 000;
1927-29, inclusive, $450, 000; total, $6,000,000,
380
These ‘payments are to be applied to the purchase
or redemption of these bonds at not over 103
and interest. Bonds so redeemed to be cancelled.
Organization—Incorporated in New Jersey in
1899. Controls through stock ownership Blake
& Knowles Steam aoe Co., Holly Manufactur-
ing Co., and H. R, Worthington, Inc, Placed
in the hands of receivers on Aug. 25, 1914.
Protective Committee—Chas. H. Sabin (V. P.
Guaranty Trust Co., N. Y.), Thomas B. Gannett
(Parkinson -& Burr), George G. Henr Wm.
Salomon & Co.), R. Walter Leigh (Maitland,
Coppell & Co.), H. J. de Lanoy Meijer (Boisse-
vain Bros.), and Allen G. West (G. H. Walker &
Co., St. Louis). Secretary, Otis Everett, 140
Broadway, N. Y. Depositary, Guaranty Trust
Co.,N.Y.
Secured by practically first mortgage on exten-
sive plants for the manufacture of large power
driven pumps, water-works equipment, air com-
pressors and other large pea installations,
located at Holyoke, Mass., Buffalo, N. Y., Cin-
cinnati, O., and Cudahy, Wis.. Further secured
by practically a first lien on the entire capital
stocks and all bonds and other evidences of in-
debtedness, except $700,000 bonds, of the Holly
Manufacturing Co., of Henry R. Worthington,
Ine., owning an extensive plant at Harrison,
N. J.; Blake & Knowles Steam Pump Works,
owning plant at East Cambridge, Mass.; Holly
Manufacturing. Co., owning plant at Buffalo,
N. Y., and the Fred M. Prescott Steam Pump
Co., owning plant at Milwaukee, Wis. Also
secured by a first lien on a majority ($281,000)
of the stock of the Denver Rock Drill & Ma-
ehinery Co., owning plant at Denver, Colo.
Prior Lien—$300,000 Receiver’s Certfs.
Net Earnings after depreciation
9/80/18 « sctecose a wiowtires cnsarwes $1,007,845
Interest... 0.0.0.0... .000. Staub aes, tt 792,217
Listed on the New York and Amsterdam Stock
Exchanges.
Original Market—$1,200,000 offered in 1911
by William Salomon & Co., New York, at 9444
and interest,
Market.
New York—Bigelow & Co., L. M. Prince & Ca.,
Wm. Salomon.& Co., H. N. Whitney & Sons,
Beyer & Co., F, J. Lisman & Co., E. & C. Ran-
dolph, Tobey & Kirk.
Philadelphia—Cassatt & Co.
Kansas City—H. P. Wright Inv. Co.
Boston—Parkinson & Burr.
INTERNATIONAL TRACTION CO. (BUF-
FALO) Coll. Tr. 4s. Due July 1, 1949.—F.
Dated Nov.. 1,1912. Interest payable Jan.
1 and July 1, at office of Trustee.
‘Authorized and Outstanding—$18,335,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 4
Trustee—Guaranty Trust Co., New York. -
Redeemable on any interest date at 110 and
interest. fin .
Organization and Control—Incorporated in
New Jersey in 1899 and owns the entire capital
stock of the International Ry. Co., operating
all of the street railways in Buffalo and the ad-
joining territory on the north and east. A ma-
jority of the common stock of the International
Trac. Co. is owned by the United Gas & Electric
Corp. ; :
cA 1912 a-financial reorganization was effected
without foreclosure. 7 ;
“Seeured by a first lien on the entire $16,707,-
500.capital stock of the International Ry. Co.,
$4,344,000-Refg. & Imprv’t bonds of that com-
pany and $640,500 underlying bonds. (For de-
scription -of International Ry. see its Refg. &
Impv’t Mortgage above.) The Traction Co.
covenants not to permit the railway company
to issue any additional bonds other than those
authorized under its. Refg. & Impv’t Mortgage,
while any. of these bonds are outstanding.
Underlies—$400,000 Debentures.
Net Earnings, 12/31/14........ $1,431,696
wv Anterest eins cases geamwes ass
760,352
Market.
New York—Bigelow & Co.,-E. & C. Randolph,
J. S. Bache & Co., Chas. H. Jones & Co.,
Rauscher & Childress, Miller & Co., Tobey &
Kirk.
Teller & Evers,
Buffalo—John T. Steele,
Bader & Watson.
Louisville, Ky.—Henning, Chambers & Co.
INTERNATIONAL TRACTION CO. Cer. Deb.
6s. Due $50,000 each Feb. 1, to 1923.
Dated Feb. 1, 1913. Interest payable Feb.
land Aug. 1 at Fidelity Trust Co., Buffalo, N. Y.,
and Chase National Bank, New York.
Authorized—$500,000.
Outstanding—$400,000.
Balance. Retired.
Denomination—Coupon, $1,000. _.
Trustee—Fidelity Trust. Co., Buffalo, N. Y.
For further details see Coll. Tr. 4s above.
Market.
Buffalo—Teller & Evers, Baker & Watson.
Louisville, Ky.—Henning, Chambers & Co.
INTERNATIONAL TRANSIT CO. 1st5s. Due
$20,000 annually to July 1, 1925—N.
Dated July 1, 1910. Interest payable Jan.
ane July 1, at National Trust Co., Ltd., Toronto,
an. :
Authorized—$300,000.
Outstanding—$222,000.
Retired—$78,000.
Denomination—Coupon, $500.
Trustee—National Trust Co., Toronto, Can.
Guaranteed as to principal by Lake Superior
Power Co. by endorsement.
‘Control—Incorporated in Canada in 1901. All
of the stock is: owned by the Lake Superior
Corporation, which has been absorbed by the
Algoma Steel Co. That company is funding
the coupons on its $14,000,000 bonds.
Secured by a first mortgage on four miles of
street railway in and around Sault Ste. Marie,
Ont., and also on ferry which is operated between
that city and Sault Ste. Marie, Mich. Franchise
expires in 1926. Obtains power from Lake
Superior Power Co. . : :
. Net Earnings, 6/30/13........... $60,057
. Interest, ete.............. Beene ae pa 1536
Original Market—Offered by A. E. Ames & Co.,
Toronto, to yield 534% au JER 1911...
arket.
Toronto—A. E. Ames & Co.
INTER-OCEAN TELEPHONE & TELEGRAPH
CO. 1st 5s. Due Jan. 1, 1933. :
Dated Jan. 1, 1903. Interest payable Jan.
and July 1, at Equitable Trust Co., New York.
. Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $500 and $1,000.
\:-Trustee—Equitable Trust.Co., New York,
Redeemable at 105 and interest.
Assumed by Federal Tel. & Tel. Co.
Control—Absorbed by Federal Tel. & Tel. Co.,
a majority of whose stock is owned by Consoli-
dated Telephone Co. .
Secured e a first mortgage on plant formerly
of the Inter-Ocean Tel. & Tel. Co., which operated
long distance independent lines in New York
State west of Rochester. igh a ,
Underlies—$801,100 Fed. Tel. & Tel. 5s,
Net Earnings, 12/31/14......... $558,412
+ Interest...... sickauaiie Montes nn ta 31,301
This ise. ois icas aces wae s ve ee. , 290,801
Market. _
New York—J. S. Bache & Co.
INTERSTATE CHEMICAL CORPORATION
1st S. F. 6s. Due Oct. 1, 1931.—F.
Dated October 2, 1911. Interest payable Jan.
and July 1, at New York.
381,
Authorized—$1,500,000.
Outstanding—$1,500,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—The Equitable Trust Co., New York.
_' Redeemable at 110 and interest on any date
as a whole only or for Barone fund.
Sinking Fund—-Annually 314% of outstanding
bonds, beginning 1914, for the purchase or re-
demption of these bonds at not over 110 and
interest. ‘
Organization—Incorporated in Virginia in
Secured by a first mortgage on 5,200 acres of
phosphate lands in Polk County, Fla., and large
fertilizer plants at Charleston and Greenwood,
S. Car., and Tampa, Fla.
Original Market-—Offered in 1911 by Redmond
& w York, and Middendorf, Williams &
Co., Baltimore at 95 and interest. Offered by
same firms in June, ae at 9744 and interest.
arket.
New York—Redmond & Co., Tobey & Kirk.
Baltimore—Middendorf, Williams & Co.
INTERSTATE ELECTRIC CORP. Coll. Tr.
6s. Due March 1, 1933—F.
Dated March 1, 1913. Interest payable
March and September 1, at Equitable Trust Co.,
Celene ‘York ‘and ‘First Trust & Savings Bank,
icag
"Authorized—$2, oe 000.
Outstanding—$1,697,0 00
Held jn Treasury—$116,000.
Denomination—Coupon,
Registerable as to principal.
Trustee—-Equitable Trust Co., New York.
Redeemable as a whole at 102 and interest on
ony interest date.
Sinking ‘Fund—1% of the bonds are to be
retired aanuslly: from 1917 to 1920, 144% 1921
to 1925, 2% 1926 to 1929 and 3% thereafter to
Bae
. anization—Incorporated in Virginia in
1958 and controls, through ownership of their
entire capital stock ‘issues, the Trenton (Mo.)
Gas & saan ae cone (Io.) Gas Co., Corry,
Pa.; Conway City Elec. Light Co., and San
Angelo (Tex. ny Water Light & Power Co.
Secured by a first lien on the stocks of the
above companies. These companies serve about
a0, ao persons and have a bonded debt of about
Net Earnings, 12/31/14 ie NS taser $137,882
Interest, inc. this isgue.....,...... 46,937
Original Market—Offered by A. EL Fitkin &
Ca., April, 1918, $2, ote 000.
Boston—A. E. Fitkin & Go.
INTERSTATE INDEPENDENT TELEPHONE
& TEL “Nea CO. 1st 5s. Due Jan. 2,
1927.
Dated Jan. 2, 1902. Enterest payable April
1 and Oct.1, at Cont’l & Com’ Tr.& Sav. Bank,
Chicago, or First eau Bank, New York.
Authorized—$50,00
Outstanding—$2 OI 000.
Tenomlastiod oucon, $1,000.
as to principal.
Tpoetee eee & Com’! Trust & Savings
Bank, Chicago.
Redeemable at 105 and interest.
Sinking Fund—12%% of net income per an-
num commencing, 1906.
Organization—Incorporated in 1901 in New
Jersey. Placed in the hands of receivers in 1910,
but operation by the company recommenced in
1912. Arrangements have been prey com-
pie for the Amer. Tel. & Tel. Co. to buy these
ionds at 46, after which it is expected that a de-
fault will be made and mortgage foreclosed.
Secured by a first mortgage on about 1500
miles of independent telephone trunk lines in
Registerable
382
$500 and $1,000.
Northern Central Illinois, including exchanges
in Aurora, Elgin, Joliet and Springfield. The
company has access to Chicago over the wires of
the Chicago’ Utilities Co., and into St. Louis,
over those of the Kinloch Long Distance Tele-
phone Co.
" Underlies—$175,000 eae: due June 1, 1911.
Net Earnings, 6/30/14 $43,557
Interests iesicic acs cease is sate a 141, 800
Market.
Chicago—J. B. Sardy & Co., John Burnham
Co., Investment Trust Co., Leonard
& Co., F. M. Zou oe Co., A. E. Butler & Co.,
E. T. Bonde
New York: iy mpton, Gardiner & Co.
INTERSTATE LIGHT & POWER CO. (DELA-
WARE) Ist 6s. Due annually each July 1st
as follows: $10,000 to 1915; $20,000
1916 to 1919; $25,000 1920 to 1925; $30,000
1926 to 1929; $35,000 1930 and 1931; and
remainder 1932.—
Dated July 1, 1910. Interest payable Jan. and
July 1, at Trustee’s office, Chicago.
Authorized—$2, 000,000.
ae 000.
Retired—$20,0
Deabrainedion— Connéit, $500 and $1,000.
Registerable as to principal.
Trustees—Continental & Commercial Trust
& Savings Bank, and Frank H. Jones, Chicago.
a pedeemanie at 105 and interest on any interest
ate.
Organization—Incorporated in Delaware in
1910, and is controlled and operated by the Con-
sumers Power Co., which in turn is controlled
through stock ownership by the Northern States
Power Co., a subsidiary of the Standard Gas &
Electrie Co. This company owns all the stock
and_ bonds of the Interstate Light & Power Co.
of Wisconsin.
Management—H. M.Byllesby & Co., Chicago.
‘Secured by a first mortgage on a supply-
ing light and. power to Galena, Ill., and mines
in its vicinity and to Interstate Light & Power
Co. of Platteville, Wis., which supplies that
town and others in its vicinity with electricity.
Population served, 19,000. Franchises in Galena,
Ill., expire in July, 1934, in Platteville and
Schullsburg, perpetual.
Net Earnings, 12/31/14......... $181,933
TMtOrest sis ies: sie septic sve tov ssa seyonage ea sie 58,625
Original Market—Offered in iid at par and
interest by the Continental & Commercial Trust
& Savings Bank, Chicago.
Market.
Chicago—Continental & Commercial Trust &
Savings Bank, H. M. Byllesby & Co.
New York—H. M. Byllesby & Co., J. A.
Clark & Co.
INTERSTATE RAILWAYS CO.
Due Feb. 1, 1943.—F.
Dated Feb. 1, 1903. Interest payable Feb.
and Aug. 1, at etna '3 office.
‘Authorized $10, 781,250.
Outstanding—$10, 776, 600.
Denomination—Coupon, $100, $500 and $1,000
Registerable as to principal.
Trustee—Real Estate, Title,
Trust Co., Philadelphia, Pa.
Redeemable at 105 and interest on Feb. 1,
19138, or on any interest date thereafter on 30
days’ notice.
Organization—Incorporated in New Jersey,
1902, to purchase, acquire, develop and construct
street railway, electric light and power, water
and gas companies.
Secured by deposit with the Trustee of 148,688
shares ($26 par) out of 143,750 shares of the cap-
ital stock of the United Power & Transportation
Co. at the rate of $75 in bonds for each $25 share
of stock. That company owns practically the
entire capital stock of 16 street railway and allied
Coll. Tr. 48.
Insurance &
companies. These properties have’ been con-
solidated into four groups, and each group is
leased to an operating company for periods rang-
ing from 880 to 990 years from 1910, as follows:
Wilkes-Barre & Wyoming Valley Traction Co.,
leased to the Wilkes-Barre Ry. Co., owns and
operates 100 miles of street railway in and around
Wilkes-Barre, Pa.; Trenton Street Ry. Co.,
leased to the Trenton & Mercer County Trac.
Corp., owns 72 miles of track in and around
Trenton, N. J.; | Wilmington & Chester Trac-
tion Co.,; and Delaware County & Philadel-
phia El. Ry., leased to the Wilmington & Phila-
delphia Traction Co.,’ own and operate 110
miles of road in Chester, Pa., and Wilmington,
Del., and line from Philadelphia to Wilmington;
and the United Trac. Co. of Reading, Schuylkill
Valley Trac. Co. and other companies, leased to
the Reading Light & Transit Co., own and oper-
ate 218 miles of track in and around Reading,
Norristown, Conshohocken and the Northwestern
part of Philadelphia. The total mileage con-
trolled by subsidiaries of the United Pr. & Trans.
Co. is more than 500 miles of track, and the ren-
tals received from these properties will increase
from $943,542 in 1914 to $1,075,000 in 1926 and
annually thereafter. Against this income the
U. P. & Trans. Co. will have charges of about
$435,000 per annum, leaving from $510,000 to
$640,000 available for dividends, which will be
réceived by the Interstate Rys. Co., as owner of
practically the entire capital stock.
Net Earnings, 1/13/15.......... $569,923
Unter eSbieza sources so ¥pidee sso eeeies 436,491
Listed on the Philadelphia Stock Exchange.
Market.
New York—B. H. & F. W. Pelzer.
- Philadelphia—Mellor & Petry, Chandler Bros.
& Co., Chas. Fearon & Co., C. H. Bean & Co.
INTERURBAN RAILWAY (DES MOINES,
IA.) 1st 5s. Due April 1,-1921.—N.
Dated April 1, 1901. Interest payable April
and Oct.'1, at Harris Trust & Savings Bank,
Chicago, and Harris, Forbes & Co., New York.
Authorized—$1,160,000 and’ additional bonds
at 80% of cost of construction, but not over
$16,000 per mile of new road.
Outstanding—$1,146,000.
Held in Sinking Fund—$14,000.
Denomination—Coupon, $1,000.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable at 105 and interest.
Sinking Fund—5 % of earnings after interest,
payable annually on April 1, to be applied to
the purchase of bonds which are to be kept alive
and interest added to the sinking fund.
Guaranteed principal and interest by Des
Moines City Ry. Pues 5
Organization—Incorporated in Iowa in 1899.
Secured by a first mortgage on 7314 miles of
electric railway from Des Moines to Colfax, Ia.,
Des Moines to Perry, Ia., with branch and lines
around Des Moines. Population served, 1910,
Des Moines, 86,368, remaining territory, 15,000.
Power is furnished by Des Moines City Ry. Co.
~ Underlies—$250,000 Deb. 6s.
Net Earnings, 12/31/14......... « $90,867
Interest, etc... 2.22... ese eeee ita ce 653 |
Original Market—First offered by N. W. Harris
& Co., New York, Boston, etc. :
Market.
New York—Harris, Forbes & Co., Wolff &
Stanley, S. L. Snowden, Gude, Winmill & Co.
Boston—N. W. Harris & Co., L. Sherman
Adams.
Chicago—Harris Trust & Sav. Bank.
IOWA & ILLINOIS RAILWAY Ist Ss Due
- Jan. 1, 1924.—F. |
Dated Jan. 1, 1904. Interest payable Jan.
and July 1, at Girard Trust Co., Philadelphia.
Authorized—$2,000,000.
383
United Lt. & R: :
Held in Treasury—$137,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at 105 and
interest. :
Organization and Control—Incorporated in
Iowa in 1901, under the general railroad law.
Practically the entire capital stock is owned by
the United Light & Rys. Co.
Secured by a first mortgage on 33 of the 47
miles of electric railway between Davenport and
Clinton, Ia., the remaining 14 miles being leased.
Bompany operates under steam railroad charter.
Road is built on private right of way except in
cities, where franchises expire in 1951. Popula-
tion served, 87,000.
Net Earnings, 12/31/12.......... $54,782
Interest, etc... 2... cee eee eee 63,077
Market.
New York—Hartshorne & Picabia, Bigelow &
Co., E. & C. Randolph.
Chicago—Hulburd, Warren & Chandler.
Outten ina Pic oeenl: $615,000 owned by
y. Co
Registerable
IOWA CENTRAL RAILWAY CO. Ist 5s.
June 1, 1938.—F.
See Map 70.
Dated Aug. 1, 1888. Interest payable June 1
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$7,650,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Assumed by the Minneapolis & St. Louis
» R. Co.
Control—Absorbed by the Minneapolis & St.
Louis R. R. Co. ;
Secured by a first mortgage on (2) 502 miles of
road from Iowa Jct., three miles from Peoria,
Ill., to Northwood, Iowa, excepting bridge over
the Mississippi River. This road now forms
part of a through line from Peoria to St. Paul
and Minneapolis and Watertown, S. D. These
de ate outstanding at the rate of $15,300 per
mile.
Underlies—$13,000,000 1st & Ref. 4s and M.
& St. L. R. R. Ref. & Ext. 5s and notes. Bonds
are reserved under the M. & St. L. Refg. & Ex-
ten. Mortgage to retire this issue.
Listed on the New York Stock Exchange.
Market.
New York—McGeorge & Vanderhoef, Wolff
& Stanley, Coffin & Co., F. J. Lisman & Co.,
W. C. Langley & Co.
Boston—Burgess, Lang & Co.
Baltimore— Walter Koppelman.
Due
IOWA CENTRAL RAILWAY CO. Ist & Ref.
4s. Due March 1, 1951.—F.
See Map 70.
Dated March 1,1901. Interest payable March
1 and Sept. 1, at Bankers’ Trust Co.
Authorized—$25,000,000.
Outstanding—$6,580,000 (Mortgage closed).
Held in Treasury—$576,000.
Denomination—Coupon, $1,000.
as to principal or fully registerable.
Trustee—Union Trust Co., New York.
Assumed by the Minneapolis & St. Louis
Control—See 1st 5s above.
Secured by a first mortgage on (3) bridge over
the Mississippi River at Keithsburg, IIl.; a first
lien, by deposit of all stocks and bonds, on (4) 87
miles of road from Belmont to Algona, and a
second mortgage (2) 502 miles of road described
under 1st 5s above. These bonds are outstand-
ing at the rate of $12,200 per mile.
Prior Liens—$7,650,000 1st 5s of 1938.
Underlies—$6,000,000 M. & St. L. R. R. Ref.
& Ext. 5s and notes. Bonds are reserved under
Registerable
the M. & St. L. Refg. & Ext. mortgage to retire
this issue.
Original Market—$2,000,000 first offered Oct.,
1901, at 924 and interest by Redmond, Kerr &
Co. (now Redmond & Co.), New York.
Market.
New York—a. E. Fitkin & Co., Bigelow & Co.,
E. H. Rollins & Sons, E. Bunge & Co., Keech,
Loew & Co., W. C. Langley & Coa., Redmond
& Co., J. S. Bache & Co., Eyer & Co
Boston—E. H. Rollins & a
St. Louis—Bowman, Cost &
Philadelphia—Chandler Bros. & Co.
IOWA CITY GAS & ELECTRIC CO. Ist 6s.
Due annually each May 1 to 1928 inclusive.
Dated May 1, 1909. Interest payable May
and Nov. 1, at Chicago Savings Bank & Trust
vas Chicago, Ill., or at Empire Trust Co., New
ork.
Authorized—$400,000.
Outstanding—$250,500.
Cancelled—$27,000.
Maturities—$6,000 due each May 1, 1916,
1917, 1918, 1919 and 1920. $8,000 each May 1,
1921, 1922, 1923, 1924 and 1925; $9,000 each
May 1, 1926 and 1927 and $162,500 May 1, 1928.
Denomination—Coupon, $100 and $500. Re-
gisterable as to principal.
Trustee—Chicago Savings Bank & Trust Co
Chicago, and Leverett Thompson.
Ep acemants at 105 and interest after May 1,
Cota Abeorbed by the Iowa City Light &
Power Co., which is controlled by the United
Light & Ry. Co.
Secured by a first mortgage on plants supplying
gas and electricity in Iowa City, la., supplying
population of 10,000. Franchises expire in 1934.
Electricity is generated by a hydro-electric plant.
Underlies—$400,000 Iowa City Light & Power
Co.Ref. 5s. Bonds are reserved under that
mortgage to retire this issue.
Original Market—$250,000 offered in June,
1909, at prices ranging from 10034 to 10234 and
interest by the Chicago Savings Bank & Trust
Co., Chicago.
Market.
Chicago—Chicago Sav. Bank & Trust Co.
IOWA CITY LIGHT & POWER CO. Ist Ref.
5s. Due September 1, 1932.
Dated September 2, 1912. Interest payable
March 1 and September 1, at office of Trustee.
Authorized—$1,000,000.
Outstanding—$400,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Organization and Control—Incorporated in
Delaware in 1912 and controlled through stock
ownership by the United Lt. & Rys. Co.
Prior Lien—$250,500 Ia. City G. & E. 1st 6s.
Secured by a second mortgage on property
described under the Ia. City Gas & lee, Co. 1st
is, above.
IOWA FALLS & SIOUX CITY RAILROAD CO.
1st 7s. Due Oct. 1, 1917.—N.
See Map 56.
Dated May 1, 1869. Interest payable April
and Oct. 1, at Illinois Central office, 115 Broad-
way, New Yor lcs,
Authorized—$3,000,000.
Outstanding—$2,. 800, 000.
Denomination—Coupon, $500 and $1,000.
Trustees—Oakes, Ames and John I. Blair.
Assumed by the Dubuque & Sioux CityR.R.Co.
confer ~ baat ee by the Dubuque & Sioux
City R. R. Co., all of whose stock is owned by the
Illinois Central Ry. Co., which leases the prop-
erty to 1951 at a rental equivalent to net earnings.
Registerable
Secured by a first mortgage on (14) 184 miles
of road, from Iowa Falls to Sioux City, Ia. This
line affords the Illinois Central System access to
the Missouri River at Sioux Falls, S. D., Sioux
City and Council Bluffs, Ia. and Omaha, Neb.
These bonds are outstanding at the rate of
$15,200 per mile.
Net Earnings, D. & S. C.
6/30/13 $1,205,718
Trter ests os eye ins rece cvavavouavasia ede ine 881,126
Legal for Cal., Me. and Mo.
Listed on the ies 7 Stock Exchange.
t
arket. .
New York—Korn, Lehman & Co., Blodget &
Co., Sutro Bros. & Co., Freeman & Co., Curtis
& Sanger, Hartshorne & Battelle, F. H. Hatch &
Co., Coffin & Co., Harris, Forbes & woe +» Peck,
Rasmus & Truesdale, Seasongood & Haas.
Boston—Geo. A. Fernald & Co., L. Sherman
Adams, N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
MINNESOTA & NORTHWESTERN
10oWA,
RAILWAY CO. Ist 3}4s. Due Jan. 1,
1935.—N.
See Map 26.
Dated dea 1, 1900. Interest payable Jan.
and July 1, at Company’s eifice, 111 Broadway,
New York.
Authorized and See T Rie wale e
Denomination—Coupon, $1,000. Fully regis-
terable. Registered, $1,000, $5,000 and $10,000.
ytrustee—Farmers! Loan & Trust Co., New
rk.
oni by the Chicago & Northwestern Ry.
Decured by a first mortgage on (2) 194 miles of
road from Belle Plain, Ia., to Fox Lake, Minn.
These bonds are outstanding at the rate of $20,-
000 per mile.
Legal. for Ce -Conn., Fla., Me., Mass., Mich.,
Misn., Mo., N. H., N. a N. Y., R. L., Vt. and
Listed on the New York Stock Exchange.
arket.
New York—Coffin & Co., peecearge & Van-
derhoef, Wood, Struthers & Co.
IOWA RAILWAY & LIGHT CO. Ist & Ref.
5s. Due Sept. 1, 1932.—-F.
Dated Aug. 30,1912. Interest
and Sept. 1, at Harris, Forbes &
or Trustee’s office.
Authorized—$10,000,000.:
Outstanding—34, 081, v00.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Harris Trust & Savings Bank,
Chicago, Il.
Redeemable at 103 and interest Sept. 1, 1915,
or any interest date thereafter. 4
Sinking Fund—Annually March 1, 1916 to
1921, 1%; 1922 to 1926, 2%, and 1927 to 1931,
3%; of outstanding bonds, to be set. aside as a
special trust fund, for the redemption of these
bonds, or to pay for permanent extensions, etc.,
for which no bonds may be issued.
Organization—Incorporated in Lowa in 1903,
name changed to present title in 1912.
Secured by a first mortgage on plants supply-
ing gas and electricity in Marshalltown, Ia.
eeu ation, 15,000;) electricity and steam heat
oone, Marion and Perry, Ia. (population,
21,000); electricity in Tama and Toledo, Ia.
(population, 4,500), and street railways in Marsh-
alltown,: Boone, Marion, Tama and_ Toledo
(population, 35,000). Further secured by a
second mortgage on plants supplying electricity
and steam heat in Cedar Rapids, Ta. (popula-
tion, 35,000); local street railways and inter-
urban railway 27 miles long, on private right-
of-way, to Iowa City, Ia. .An extension from
Cedar Rapids to Mt. Vernon, 15 miles, is under.
construction. Franchises in Cedar Rapids ex-
384
ayable March
o., New York,
ae _in 1926, in Iowa City are perpetual, in
arion expire in 1934.
Prior Lien—$239,000 Cedar Rapids & Iowa
City Ry. & Lt. Co. 5s.
Net Earnings, 12/31/14. $478,137
Interests vied cd fautart sn oe igcscduee 209,429
Original Market—$1,687,000 offered in Sept.,
1912, by Harris, Forbes & Co., New York, N. W.
Harris & Co., Inc., Boston, and the Harris Trust
& Savings Bank, oe at 97 and interest.
arket.
New York—Harris, Forbes & Co., Foster &
Adams, Gude, Winmill & Co.
Chicago—Alfred L. Baker & Co., Harris Trust
& Savings Bank, E. F. Parr & Co.
Boston—W. L. Raymond & Co., N. W. Harris
& Co., Ine.
Louisville—J. C. Willson & Co.
Omaha—Burns, Brinker & Co.
Milwaukee—First Savings Bank & Trust Co.
IRON MOUNTAIN LIGHT & FUEL CO. Ist
5s. Due July 1, 1936.—N
Dated July 1, 1906. Interest payable Jan.
land July 1, at Detroit Trust Co., Detroit, Mich.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $500. Registerable
as to principal.
Trustee—Detroit Trust Co., Detroit, Mich.
Redeemable on July 1, 1916, or any interest
date thereafter at 105 and interest.
Organization—Incorporated in Michigan in
Secured by a first mortgage on plant supply-
ing gas in Iron Mountain, Mich. Population,
10,000. Franchise expires in 1938.
Market.
New York—A. D. Converse & Co.
TRON STRAMBOAT CO. Gen. 48. Due Oct.
° A
Dated Nov. 20, 1902. Interest payable Jan.
and July 1, at First National Bank, New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $500.
Trustee—William R. Brinton and Geo.
Wingate.
Redeemable at par and interest.
Sinking Fund—At the discretion of directors.
Secured by a second mortgage on seven steam-
Boats sranaing between New York City and Coney
sland.
Prior Liens—$98,000 1st 5s.
Net Earnings, 10/31/14 $49,963
Interest 23,497
New York—Tobey & Kirk, F. H. Hatch & Co.,
Gilbert Eliott & Co., Slattery & Co.
IRONWOOD & BESSEMER RAILWAY &
LIGHT CO. Ist S. F. 5s. Due Feb. 1 1936.
—F.
Dated February 1, 1911. Interest payable
Feb. and Aug. 1, at American Trust Co., Boston.
Authorized—$2,500,000.
Outstanding—$1,252,000.
Denomination—Coupen, $1,000. Registerable
as to principal.
Trustees—American Trust Co., Boston and
Chas. H. Bowen.
Redeemable at 104 and interest Feb. 1, 1916,
or any interest date thereafter upon 60 days’
notice.
Sinking Fund—Annually on or before February
1st of each year, beginning 1916, 1% of outstand-
ing bonds, for the purchase or redemption of
bonds at not exceeding 104 and interest. All
bonds so purchased shall be cancelled.
Organization—Incorporated in Wisconsin in
1911 as a consolidation of Gogebie Electrie Co.,
Gogebic St. Ry. Co., Twin City General Elec. Co.
and Ironwood Water Works Co. Also owns
1,168 of 2,000 shares of stock of the Ashland
Light, Power & Street Ry. Co.
A.
885
Secured by a first mortgage on eight miles of
Street Railway in Ironwood, Mich., Hurley
and Gile, Wisconsin. Loeal Street Railway in
Bessemer; seven miles of interurban Street rail-
way between Ironwood and Bessemer; Steam
generating plants at Ironwood and Bessemer;
Hydro-Electric generating plant at Saxon Falls;
Hydro-Electric generating plant at Mellen,
Wisconsin; High tension transmission lines of 93
miles; Telephones system connecting all plants an
and stations; two undeveloped powers at
Brownstone Falls and Superior Falls, capable of
generating about 12,000 h. p.; about 6,000 acres
of farming and timber lands; water works system
serving Ironwood, Michigan, Hurley, Wiscon-
sin, with water for domestic purposes and fire
protection. Also secured by a first lien on $116,-
800 of the $200,000 stock of the Ashland Light,
Power & Street Railway Company, owning
seven miles of street railway in Ashland, Wis-
consin, with steam generating plant, hydro-
electric plant at White River, supplying elec-
tricity to that city, and a gas plant and supply
system, subject to $508,000 bonds. Franchises _
in Ironwood and Bessemer expire in 1941 and in
Wisconsin is indeterminate. Population served
40,000.
Prior Liens—$520,000 Ashland Light, Power
& Street Ry. 1st 5s of 1939.
Net Earnings, 12/31/14 $120,422
INGOT OSE... secsidvcncia: scheassoabangne cece ta Sygid aoe 63,600
Original Market—Offered in 1911, by Burgess,
Lang & Co., Boston and New York, at 934
and interest and by the same firm at 95 in 1913.
Market.
New York—Fred H. Hatch & Co.
Boston—Burgess, Lang & Co., L. Sherman
Adams.
IROQUOIS IRON CO. Ist Serial 5s. Due
$128,000 annually Dec. 1, to 1928 and $124,-
000 Dec. 1, 1929.—F.
Dated Dec. 1, 1909. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$1,916,000.
Retired—$384,000.
Denomination—Coupon,
Registerable as to principal.
$5,000 and $10,000. C. & R. interchangeable.
Trustee—Illinois Trust & Savings Bank,
Chicago.
a Redeemable at 105 and interest on any interest
ate.
Organization and Control—Incorporated in
Illinois in April, 1899. Controlled by the Rogers-
Brown Iron Co.
Secured by 2 first mortgage on two iron and
steel plants on the Calumet River in South
Chicago, IIl., one covering 20 and the other 29
acres. And further secured by a first lien on
the capital stocks of companies owning valuable
ore properties.
Underlies—$700,000 debenture 6s.
Earnings—Dividends of 12% per annum were
aid from 1905 to 1909 on $600,000 stock. No
later statement has been made public. Stock
has been increased to $5,000,000.
Original Market—Offered in 1910, by Lee, Hig-
ginson & Co., Boston, and Illinois Trust & Sav-
ings Bank, Chicago, at prices to yield 544%.
Market.
Boston—Lee, Higginson & Co.
Chicago—Andrews & Co., F. M. Zeiler & Co.
$500 and $1,000.
Registered, $1,000,
IROQUOIS IRON COMPANY (CHICAGO,
ILL.) Serial Deb. 6s. Due $100,000 an-
nually to June 1, 1921, inclusive.—F.
Dated December 1, 1910. Interest payable
June and Dec. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$700,000.
Retired—$300,000.
Denomination—Coupon, 91,000. Registerable
as to principal. :
. Trustee—The Guaranty Trust Co., New York.
.. Redeemable at 105:and interest on any interest
ate on six weeks’ notice.
_ Sinking Fund—25c,- per ton for the first
400,000 tons and 15c. per ton on additional ore,
‘mined and shipped in each year from the ore
properties leased by the company. This sum
shall be applied to the payment of principal and
accrued interest for six months on bonds matur-
ing. Should the payments amount to more
than the $103,000 required for that purpose,
they may be-made either in cash or bonds of this
issue. If made in cash, such sums shall be
applied to the purchase at-not exceeding 105 and
eee or redemption at that price, of these
onds.
386
Security—These bonds are a direct obligation
of the company, but not secured by a mortgage.
The company covenants that it will not place
any additional mortgage on its property, nor
increase its funded debt beyond $4,000,000,
while any of these debentures are outstanding.
For description of property, etc., see 1st 5s above.
Original Market—$1,000,000 offered in March,
‘1911, by William Salomon & Co., New York
and Chicago, at par and interest.
b Market. 7 au
Chicago—Hulburd, Warren & Chandler, E.
L. Lobdell & Co., F. M. Zeiler & Co.
Boston—Parkinson & Burr.
Buffalo—J.C. Dann & Co.
Toledo—Secor & Bell.
4 ¥
JACKSON & BATTLE CREEK TRACTION
CO. Ist 5s. Due Jan. 1 1923.—F.
Dated Jan. 1, 1903. Interest eye Jan.
and July 1, at Citizens’ Savings Trust Co.,
a O; and First National Bank, New
ork.
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Citizens’
Cleveland, O.
4 Redeemable at 105 and interest on any interest
ate.
Guaranteed as to interest by lease to Michigan
United Traction Co.
Control—Absorbed by Michigan United Rys.
Co., which is leased for 999 years to the Michigan
United Trae. Co. The Michigan United Rail-
ways Co. operates 295 miles of street and inter-
urban railways. © The entire capital stock of the
Michigan United Traction Co. is owned by the
Michigan Rys. Co. a subsidiary of the Common-
wealth Power Railway & Light Co.
Secured by a first mortgage on 46 miles of
electric railway between Jackson and Battle
Creek, Mich. Population served, 75,000. Road
is operated by third rail.
Underlies—$8,331,000 Mich. U. Rys. 5s.
Savings & Trust Co.,
Net Earnings, 12/31/12......... $674,043
Interest and taxes....... «eee 571,426
Market._
Philadelphia—E. W. Clark & Co., Samuel K.
Phillips, Geo. S. Fox & Sons, Oscar R. Dare.:
New York—Burgess, Lang & Co., F. J. Lis-
man & Co., L. F. Hepburn, E. & C. Randolph,
Spitzer, Rorick & Co., Dewing & Go., R. B.
athaway & Co., Hodenpyl, Hardy & C
Leonard Snider & Co.
Portland, Me.—G. H. Gilman & Co., Fidelity
Trust Co., Union Safe Dep. & Trust Co.
Boston—F. W. Mason Co., Burgess, Lang
& Co., L. Sherman Adams. °
Chicago—Hulburd, Warren & Chandler, Ho-
denpyl, Hardy & Co. :
Ov,
JACKSON CONSOLIDATED TRACTION CO.
‘1st 5s. Due May 1, 193
Dated May 1, 1904.
and Nov. 1, at Columbia Trust
Authorized—$1,000,000.
Outstanding—$790,000.
Go ee $100, $500 and
Trustee—Columbia Trust Co., New York.
Redeemable on any interest date at 105 and
interest. 7 . .
Guaranteed principal and interest by Michi-
gan United Rys. Co.
Control—See Jackson & Battle Creek 5s above.
Secured by a first mortgage on street railways
in Jackson, Mich., with lines to suburban towns,
total mileage, 30. Franchises in Jackson expire
in 1960, but city has right to purchase property
at an appraised value in 1930 or at any five-year
period thereafter. Population served, 35,000.
Underlies—$8,331,000 Michigan United Rys.
Ss.
ria Jackson & Battle Creek 53
above.
Original Market—Offered by W. N. Coler &
Co., New York, at par, Oct., 1904.
Market.
Philadelphia—E. W. Clark & Co., H. F.
one & Co., Samuel K. Phillips, Oscar R.
are.
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler, Hodenpyl, Hardy & Co.
New York—Dewing & Co., Coffin & Co.,
Foster & Adams, W. N. Coler & Co., Beyer &
Co., R. B. Hathaway & Co., Hodenpyl, Hardy &
Go, Edmund Seymour & Co., Kirkpatrick &
ewis, kee pis =
Interest payable Mar.
Co., New York.
wT
cuoston—L. Sherman Adams, F. W. Mason &
0.
JACKSON COUNTY (MO.) LIGHT, HEAT &
POWER CO. Ist 5s. Due June 1, 1927.—F.
Interest payable June and Dec. 1, at Mer-
chants’ Loan & Trust Co., Chicago.
Authorized—$300,000.
Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Merchants’ Loan & Trust Co.,
Chicago, II.
: Hoveomaliic at 105 and interest on June
Sinking Fund—$2,000 annually from 1917 to
1921 and $3,000 thereafter.
Organization—Incorporated in Missouri in
Secured by a first mortgage on plant supplying
gas to Independence, Mo., and other towns in
the vicinity of Kansas City. Population served,
16,000. Franchise expires, Aug. 16, 1926.
Original Market—Offered by Howard, Sim-
mons & Co., Chicago, at 9734, with 40% stock
bonus in 1912. :
LANSING & SAGINAW RAIL-
JACKSON,
ROAD Ist 314s, Due Sept. 1, 1951.—F.
See Map 69.
Dated September 1, 1901. Interest payabie
Mar. and Sept. 1, at Guaranty Trust Co., New
York.
Authorized—$2,000,000.
Outstanding—$1,714,000.
Retired—$286,000.
Denomination—Coupon, $1,000..
as to principal, or fully registerable.
1 . C. & R. interchangeable. :
Trustee—Guaranty Trust Co., New York, .
Control—Leased.in perpetuity to the Michigan
Cent. R. R. Co., which company owns $674,300
of the $2,000,000 capital stock. Rental interest
on bonds and 344% on stock. .
Secured by a first mortgage on (7) 379 miles of
road in Michigan including lines from Jackson to
Mackinaw City 295 miles; Grayling to Twin
Lakes 28 miles; and from Pinconning Bay to
Gladwin 56 miles. These bonds are outstanding
at the rate of $4,300 per mile.
Legal for Cal., Conn., Fla., Me., Mass., Mich,
Minn., Mo., N. H., N. J. and Wis.
Listed on the New York Stock Exchange.
Original Market—Underwritten in 1901 by
J. P. Morgan & Co., New York.
Market.
New York—Hartshorne & Picabia, Callaway,
Fish & Co., Jos. Walker & Sons, Harris, Forbes
& Co., Whittemore, Pell & Co. ;
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
Registerable
Registered,
JACKSON (MISS.) LIGHT & TRACTION CO.
ist S. F. 5s. Due April 1, 1922.—F.
Dated April 1, 1912. Interest payable April
and October 1, at P. W. Brooks & Co., New York,
or Trustee’s. office.
Authorized—$2,500,000.
Outstanding—$931,000.
Retired—$16,000, :
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
Trustee—Chicago Savings Bank & Trust Co.,
Chicago. .
Redeemable at 105 and interest on any interest
date upon four weeks’ notice.
Sinking Fund—2% annually of outstanding
bonds, beginning Feb. 1,,1914, for the purchase
_or redemption of these bonds at not over 105 and
387
interest. Bonds so redeemed to be. cancelled.
Organization ‘and Control—Incorporated in
Mississippi in 1912.as a consolidation of the gas,
electric and street railway properties in Jackson,
Miss. Controlled through stock ownership by
the American Public Utilities Co.
Management—Kelsey, Brewer & Co., Grand
Rapids, Mich.
Secured by a first mortgage on 14 miles of
street railway track and plants supplying gas
and electricity in Jackson, Miss. Franchises
extend beyond 1922. Population served, (1910)
21,262.
Net Earnings, 1/31/14.. - $91,537
Interest on bonds...............
Original Markee ered 1912 by the
cree see Bank & Trust Co., Chicago,
Brooks & Co, and J. A. Clark & Co., New
York, at 97 and interest.
Market.
New York—J. A. Clark & Co., P. W. Brooks
& Co., Howe, Norris & Co., Ernest Smith, Geo.
H. Burr, Livingston & Co.
Chicago—Alfred L. Baker & Co., Chicago Sav.
Bank & Tr. Co.
New Orleans—Interstate Tr, & Sav. Bank.
Albany—Henry J. Prince 0.
-Boston—Burgess, tng & Co., Marshall & Co.,
F. B. Bassett & Co., F. W. Mason & Co., Hotch-
kin & Co.
New Haven—Clifford E. Smith.
_ Philadelphia—Oscar R. Dare.
“Grand Rapids—Howe, Snow,
Bertles.
Corrigan &
JACKSONVILLE ELECTRIC CO. Ist 5s.
May 1, 1927.—N.
Dated May 1, 1902. Interest payable May
ane Nov. 1, at American Trust Co., Boston,
‘ass.
Authorized—$1,250,000.
Outstanding—$1,; 245, 000. (Closed mortgage).
Denomination—Coupon, $1,000. Registera ie
as to principal.
Trustee—American Trust Co., Boston.
Redeemable as a whole on any interest date
at 105 and interest.
Improvement Fund—1% per annum of out-
standing issue to be used for extensions and
improvements or to purchase bonds.
Assumed by the Jacksonville Traction Co.
Control—Absorbed by the Jacksonville Trac-
tion Co.
Management—Stone & Webster, Boston.
Secured by a first mortgage on 47 miles of
street railway and part of the power plant in
Jacksonville, Fla. tS served, 60,000.
Franchise expires in 1932
Underlies—$750,000 Jacksonville Traction Co.
1st Cons. 5s of 1931, which provide for the retire-
ment of this issue, "and $500,000 6% notes due
Net Earnings, 12/31/14 $247,200
Interest and sinking fund. tbe Gee
"THIS IS8UG) ios eee a et easy
Original Market—Offered by’ John neniien
at 9734, July 1905.
arket
i New York—Stone & Webster, Kirkpatrick &
ewis.
Boston—Estabrook & Co., Stone & Webster.
Baltimore—J. S. Wilson, Jr., & Co., Jenkins,
Whedbee & Poe. :
Philadelphia—E. B. Smith & Co.
JACKSONVILLE (FLA.) GAS CO. Ist S. F. 5s.
Due June 1, 1
Dated June Y, 1912. Interest payable June
and Dec. 1, at Trustee's office.
Authorized—$6, 000,000.
Outstanding—$1,540,000.
$600,000 are reserved to retire 6% Deb. be-
ginning Jan. 1, 1914 at not over $100,000 per year.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co. of Illinois, Chi-
cago.
Due
Redeemable at 105 and interest on any interest
date on aes weeks’ notice.
Sin! Fund—Annually on Oct. 1, 1917 to
1921, $ 600; 1922 to 1926, $10,000; 1927 to 1931,
$30, 600; 1932 to 1936, $35,000; and 1987 to 1942,
$40,000, for the purchase or redemption of these
bonds at not over 105 and interest. Bonds so
redeemed to be cancelled. f
Organization—Incorporated in Florida in
Secured by a first mortgage on plant supply-
ing gas to Jacksonville, Fla. Population served
about 60,000. Franchise is perpetual.
Underlies—$833,000 he 6s of 1920.
Net Earnings, 12/31/13 -. $149,402
Interest 72,420
Original Market—$1,. 300, 000 offered in June,
1912 by H. T. Holtz & Co., Chicago, at 95 and
interest.
Chicago—Peoples’ oe & Sav. Bank, H. T.
Holtz & Co., Alfred L. Baker & Co., Central
Trust Co. of Hlinois, King, Farnum & Co., Yard,
Otis & Taylor, Hulburd, Warren & Chandler,
E. T. Konsberg & Co., Clifford Elston & Co.
Baltimore—J. S. Wilson, Jr., & Co., Poe &
Davies, Riggs & McLane, Sutton & Co., seule,
Whedbee & Poe, Warren B. Corkran & Co.,
Mercantile Trust & Deposit Co.
New York—Coffin & Co., Gude, Winmill & Co.,
S. L. Snowden, J. H. Howell & Co., John D.
Curtis & Co., Chas. H. Jones & Co., Kirkpatrick
& Lewis.
Philadelphia—R. M. Stinson & Co., Henry &
West, Frazier & Co., Oscar R. Dare.
_Boston—H. L. Nason & Co.
Minneapolis—P. H. Merriam & Co.
JACKSONVILLE (FLA.) G38 CO. 10-Year Deb.
6s. Due June 1, 1922
Dated June 1, 1912.
terly, March, June, Sept. and Dec.
office.
Authorized—$1,200,000.
Outstanding—$833,000.
Denomination—Coupon, $1,000. Registerable
as to principal. é
oO.
Trustee—Central
Chicago.
Redeemable at 101 and interest on any interest
date on three weeks’ notice.
Security—A direct obligation of the Company,
but not secured by a mortgage.
Prior Liens—$1,360,000 Ist 5s of 1942. No
more bonds can be issued except for an amount
not exceeding 80% of cost of additional property,
ete., until these debenture notes are paid. Pro-
vision is made under the 1st 5s to retire this
issue at the rate of $100,000 per year beginning
Jan. 1, 1914.
Earnings—See 1st 5s above.
Original Market—$450,000 offered in 1912 by
H. T. Holtz & Co., Chicago, at par and interest.
Market.
New Orleans—Interstate Tr. & Sav. Bank.
4 ie ma T. Konsberg & Co., H. T. Holtz
oO.
Minneapolis—R. H. Merriam & Co.
Erie—Joseph L. Pelton.
Interest payable quar-
1, at Trustee’s
Trust of Illinois,
JACKSONVILLE (ILL.) RAILWAY & LIGHT
CO. 1st Cons. 5s. Due Jan. 1, 1931.—F.
Dated Jan. 1, 1906. Interest payable Jan. 1
and July 1, at Merchants’ Bank of Canada.
Authorized—$1,000, re
Outstanding—$573,0
Donosiation Coupes, $1,000. Registerable
as to principal. :
Trustee—Central Trust Co. of Ilinois,
Chicago.
Redeemable at 105 and interest on any interest
date.
Sinking Fund—Annually, on Jan. 1, 2% of
388
outstanding bonds. Fund to be used to purchase
these bonds or for extensions or betterments.
Guaranteed as to principal and interest by
endorsement by the Illinois Traction Co.
Organization and Control—Incorporated in
Maine, Dec., 1905, as a consolidation of the
Jacksonville Ry. Co. and Jacksonville Gas Light
& Coke Co. The entire capital stock is owned
by the Illinois Traction Co.
Secured by a first mortgage on eight miles of
street railway in Jacksonville, Ili. and a second
mortgage on plants supplying that city with gas
and electricity. Population served (1910) 16,-
326. Franchises are perpetual.
Prior Lien—$150,000 Jacksonville Gas Light
& Coke Co. Ist 5s of 1931. Provision is made
in this mortgage for their retirement.
Net Earnings (I. T. Co.),
12/31/13....... Snake be atiotaevecd « $3,334,761
Interest. oii cise cece eyes eatse 2,072,539
Original Market—First offered by Baker,
Ayling & Co., Boston and Philadelphia.
Market.
New York—Wolff & Stanley.
St. Louis—Bowman, Cost & Co.
Chicago—Wollenberger & Co.
Boston—H. L. Nason & Co.
JACKSONVILLE (FLA.) TERMINAL CO. Ist
5s. Due July 1, 1939.—F.
Dated July 1, 1904. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Metropolitan Trust Co., New York.
Guaranteed as to principal and interest by the
Atlantie Coast Line R. R. Co., Seaboard Air
Line Ry. Co. and Florida East Coast Ry. Co. by
endorsement.
Organization and Control—Incorporated in
Florida in 1894. Of the $200,000 capital stock
outstanding the Atlantic Coast Line R. R. Co.,
the Seaboard Air Line Ry. Co. and the Florida
East Coast Ry. Co. own one-fourth each and the
Southern Ry. Co. and the Georgia Southern &
Florida Ry. Co. own one-eighth each, and the
property is operated under an agreement where-
by the operating expenses are paid by the pro-
prietary companies in proportion to the cars
bandled.
Secured by a first mortgage on union passenger
depot and terminal property in Jacksonville,
Fla., and including 31 miles of terminal track
and equipment,
JACKSONVILLE (FLA.) TRACTION CO. 1st
Cons. S. F. 5s. Due March 1, 1931.—F.
Dated March 1, 1911. Interest payable March
and Sept. 1, at Boston.
Authorized—$5,000,000.
Outstanding—$750,000.
Held in Treasury—$39,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—State Street Trust Co., Boston.
Redeemable at 105 and interest on any interest
date as a whole only, or in part for sinking fund.
Sinking Fund—1% annually of bonds certified,
commencing March 1, 1917, for the purchase or
redemption of these bonds at not over 105 and
interest.
Organization—The Company was incorporated
in Massachusetts in 1911 as a_ consolidation of
the street railway properties of Jacksonville, Fla.
Management—Stone & Webster.
Secured by a first mortgage on new power
station and four miles of railway track extending
to Ortega and a second mortgage on all the other
property of the company including 47 miles of
street railway track in Jacksonville, Fla. Popu-
lation served 75,300. Franchise expires in 1932.
Prior Lien—$1,245,000 Jacksonville Electric
389
Co. ist 538 of 1927, for the retirement of which
bonds of this issue are reserved.
Underlies—$500,000 6% notes due June 1, 1915.
Net Earnings, 12/31/14..... . $247,20
Interest and sinking fund....... 152,642
Original Market—Offered in 1911, by Stone &
Webster, Boston, and Estabrook & Co., Boston,
ete., at 9614 and interest.
Market.
New York—Estabrook & Co., S. L. Snowden,
Kirkpatrick & Lewis.
Philadelphia—E. B. Smith & Co.
New Haven—Chas. W. Scranton & Co.
Baltimore—Mercantile Tr. & Deposit Co.
Boston—Stone & Webster, L. Sherman Adams.
JAMAICA & BROOKLYN RAILROAD CO. ist
5s. Due Jan. 1, 1930.—F.
Dated Sept. 4, 1889. Interest pegs Jan.
and July 1, at Long Island Loan & Trust Co.,
Brooklyn.
Authorized and Outstanding—$240,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Guaranteed—These bonds are not guaranteed,
but a part of one of the junior issues ($2,225,000)
are guaranteed principal and interest by B. R.
T. Co. by endorsement.
Control—Absorbed by Brooklyn, Queens
County & Suburban R. R., which is controlled
by Brooklyn Rapid Transit Co. through owner-
ship of entire capital stock. :
Secured by first mortgage on 18 miles of street
railway between Brooklyn and Jamaica, N. Y.
Underlies—$6,384,000 Brooklyn, Queens
County & Suburban R. R. 5s.
Net Earnings, 6/30/14
Interest.....
This issue
Original Marke
Co. at 99 in April, 1891.
Market.
New York—Leonard F.
Hatch & Co., Paterson & Co., Gilman & Clucas,
McGeorge & Vanderhoef, Wm. A.:C. Ewen, Low,
Dixon & Co., Jones & Lanman.
JAMAICA WATER SUPPLY CO. Cons. 5s.
Feb. 1, 1928.—F.
Dated Feb. 1, 1898. Interest payable Feb.
ee 1, at Peoples’ Trust Co Brooklyn,
Authorized—$400,000.
Outstanding—$116,000.
Denomination—Coupon, $1,000.
Trustee—Peoples’ Trust Co., Brooklyn.
Organization—Incorporated 1887, in NewYork.
Secured by a first mortgage on plants supply-
ing water to Jamaica, Richmond Hill, Morris
Park, Hollis, Queens, Springfield and intervening
territory and including three standpipes, 43
acres of land, 125 miles of mains and 2 pumping
stations with a daily capacity of 16,500,000 gal-
lons. Population served 30,000. Company de-
rives an income of $26,000 per annum from a
contract with the city of New York for hydrants.
Underlies—$884,000 Unified 1st 5s of 1954
under which mortgage provision is made for the
retirement of this issue.
Hepburn, Fred H..
Due
Net Earnings, 4/30/11............ $80,747
Interest isc cis cio pais os ace wes ‘ 43,683
This 188le's 5s: cceiee: acredoais. @o.iswnera ce es 6,483
Market.
New York—Leonard F. Hepburn, Wm. A. C.
Ewen, Gude, Winmill & Co., Chas. H. Jones &
Co., Jones & Lanman, Kirkpatrick & Lewis.
Boston—F. W. Mason & Co.
JAMAICA WATER SUPPLY CO. Unified Ist 5s.
Due July 1, 1954.—F.
Tax exempt in New York (stamped bonds).
Dated July 1, 1904. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$884,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Peoples’ Trust Co., Brooklyn.
Secured by a mortgage on all the property
covered by the first lien of the Cons. 5s, see above
Prior Liens—$116,000 Jamaica Water Supply
Co. Cons. 5s of 1928, for the retirement of which
provision is made in this mortgage.
. Earnings—See Cons. 5s above.
Original Market—Offered in 1912, by Lawrence
Barnum & Co.
Market.
New York—L. F. Hepburn, F. H. vatche &
Co., McGeorge: & Vanderhoef, Tobey & Kirk,
Whittemore, Pell & -Co., - Didrichsen & Co.,
Leonard Snider & Co., Hendrickson & Co., Kirk-
patrick & Lewis.
JAMESTOWN, FRANKLIN & CLEARFIELD
RAILROAD CO. Ist 4s. Due June 1, 1959.
See Map 83.
Dated June 1, 1909. Interest payable June
and December 4, at Grand Central Station,
New York.
Authorized—$25,000,000.
Outstanding—$11,000,000.-
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C.& R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Guaranteed pimepal and interest by Lake
Shore & Mich. So. ee Coz by endorsement.
Assumed by the N. Y. C. Co.
Control— Merged ae the New York Central
R. R. Co.
Secured by a first mortgage on (2) 124 miles of
road including line from the Ohio-Pennsylvania
State Line near Jamestown, Pa., and a connec-
tion with the Ashtabula Branch of the L. S. &
M. Ry. to a connection with the Alleghany
Branch of the Pennsylvania R. R. near Brook-
ville, Pa., 99 miles and branches: also on 54 miles
of trackage tights. from -Brookville via Falls
Creek to Clearfield, Pa. This line affords a
western outlet for coal from the lines controlled
by the New York Central ‘&-Hudson River R. R.
Co. These bonds are outstanding at the rate of
$121,000 per mile.
Underlies—$225, 000, 000 bonds and notes of
the New York Central R. R.
Legal for Cal., Fla., Me., Mich., Minn., N. H.
and R.
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—$11, 000,000 offered in 1910,
by J. P. Morgan & Co., First National ‘Bank,
National City Bank, New York, and Drexel &
Co., Philadelphia, at 95 oe interest.
Mar
Philadelphia—Reed & Tanband, E. Lowber
Stokes, Borden & Knoblauch, E. B. Smith & Co.,
E. W. Clark & Co., Henry & West, Newburger,
Henderson & Loeb, Cassatt & Co., Graham & Co.
Reed A. Morgan” *& Co. oy Elkins, Morris & Co.,
Mellor & Petry, Harper & Turner, W. H. New-
bold’s Son & Co., Barclay, Moore & Co., Brown
Bros. & Co., Chas. Fearon & Co., C. D. ’ Barney
& Co., Goodall, Wester & Co., Newhall, Church-
man & Co., Robt. Glendinning & Co.
New York—Wm. A. Read & Co., Coffin & Co.,
J. S. Bache & Co., Struthers & Hiscoe, Harts-
horne & patel, Blodget & Co., Strong, Sturgis
& Co., F. H. Hatch & Co., Didrichsen & Co.,
Redmond & Co., H. P. Taylor & Co., McGeorge
& Vanderhoef.
e Pittsburgh—Colonial Trust Co., H. P. Taylor
oO.
Boston—Wm. A. Read & Co.
Buffalo—H. P. Taylor & Co.
JAMESTOWN (N. Y.) STREET RAILWAY Ist
6s. Due Jan. 1, 1923.—
Registerable
- Dated Jan. 23, 1893. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000. Registerable
as to principal. “
Trustee—Guaranty Trust Co., New York.
Organization—Incorporated in New York in
Secured by a first mortgage on 27 miles of
street railway track in Jamestown, N. Y., and
vicinity. Franchise expires, 1982. Population
served, 38,000. Company sells power to James-
town Lighting & Power Co.
Net Income, 6/30/14............ $73,084
Interest, ete....... 109,572
Current liabilities of the company, as of June
80, 1914, were $1,230,0
: Market.
Boston—C. E. Denison & Co.
JAMISON COAL & COKE CO. Barrackville
Pur. Mon. & Imp. Ist 5s. Due $80,000
each July 1, to 1918, and $100,000 1919
to 1929.—N.
Dated July 1, 1909.
and July 1.
Authorized—$1,500,000.
Outstanding $1, 420,01 00.
Retired—$80,0
Dcusitadlinee Osuniss $1,000.
Trustee—Union Trust Co., Pittsburgh.
Redeemable at 105 and interest.
Organization—Incorporated in «Pennsylvania
in 1892 as the Jamison Coal Co. and present name
adopted in 1900. The company. is one of the
largest mining companies operating in Western
Pennsylvania and West Va., owning extensive
mines, coke plants, stores, miners’ homes, etc.
Secured by a first mortgage on 5,400 acres
of unmined coal, 400 acres of surface lands near
Fairmont, W. Va.
Interest payable Jan,
Net Earnings, 12/31/14........ *$1, 316, 412
*Equi valent to more than twice all interest
charges.
Original Market—Offered by Darr & Moore,
(now Moore, Leonard & Lewis) Pittsburgh and
New York, at par and sneer
et. 5
New York—Moore, Leonard & Lewis, C. H.
Hensel, H. P. Taylor &-Co.
Pittsburgh—H. P. Taylor & Co.,
Leonard & Lewis.
Buffalo—H. P. Taylor & Co.
Moore,’
JAMISON COAL & COKE CO. George’s Creek
& Farmington lst 5s. Due Feb. 1, 1930.—F.
gas exempt in Pennsylvania and "West Vir-
ee pated Feb. 1, 1910. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$2,700,000.
Outstanding—$2,485,000.
Balance Heid Alive in Sinking Fund.
Denomination—Coupon, $500 and $1, 000. -
Trustee—Safe Deposit & Trust Co., Baltimore.
Redeemable at 10214 and interest on any
interest date on or after Feb. 1, 1915.
Sinking Fund—Five cents for each ton of coal
mined with minimum annual amounts as follows:
$30, oh per annum to Feb. 1, 1915; $75,000,
Feb. 1, 1915 to Feb. 1, 1920; $100,000, Feb. 1,
1920 to Feb. 1, 1925; $150, 060, Feb. 1, 1925 to
Feb. 1, 19380 to be applied to the purchase or
redemption of bonds at not exceeding 102 }4 and.
interest. Bonds so acquired to be held alive and
interest added to_this fund.
Organization—See (Barrackville) 1st 5s above.
Secured by a first mortgage on 7,358 acres of
Pittsburgh Vein Coal, 800 acres surface land, 60
coke ovens, mining plants, equipment, etc.,
formerly the property of George’s Creek Coal &
Iron Co., and located in West Virginia.
Earnings—See Barrack ville 5s above.
890
Original Market—Offered in Maych, 1911,
by Darr & Moore, oo Moore, Leonard & Lewis)
Pittsburgh.
- “Market.
Pittsburgh—H. P. Taylor & Co., Moore,
Leonard & Lewis.
Baltimore—Jenkins, Whedbee & Poe, Poe &
Davies, Sutton’ & Co., Strother, Brogden & Co.,
Colston, Boyce & Co John D. Howard & Co.
New York—C, H. Hensel, _Didrichsen & Co.,
H..P. Taylor & cot 0.
Buffalo—H. P. Taylor & Co.
JAMISON COAL ¢ & COKE CoO. Ist S. F. 5s.
Due May 1, 1931.—
Tax exempt in Pennsylvania.
Dated April 1, 1912. Interest payable May
and Nov. 1, at peice 's: office.
Authorized—$5, 000,
Outstanding— $4, ooo. 000.
* Retired by Sinking Fund—$300, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—The Union Trust Co. of Pittsburgh,
Pittsburgh, Pa.-
Redeemable at 105 mie interest on any date.
Sinking Fund—April 1, 1914- $150,000 semi-
annually on April 1 and Oct. 1
payments at the rate of $1,200 an acre for all coal
mined in excess of 220 acres per annum, for pur-
chase or redemption of bonds at not exceeding
106 oe interest. Bond- so acquired to be can-
celled. =
Organization—See- (Barrackville) 1st 5s above.”
Secured by a first: mortgage on 5,400 acres of
unmined coal, 2,000 acres of surface lands, 1,400
coke ovens, six mining plants, equipment, miners
houses etc.,-located-in Greensburg Basin, ‘West-
moreland County, Pa. ‘
' Earnings——See Barrack ville 5s above:
Original Market—$5,000,000 offered in 1912,
by The Union Trust Co. of Pittsburgh, Pitts-
burgh, Pa., at 100 and interest.
Market.
Pittsburgh—Mellon' National ’ Bank, Union
Trust Co., H. P. Taylor & Co,, Moore, "Leonard
& Lewis.
New York—H.- P. Taylor & Co.,, -Moore,
yeeeand & Lewis, C. H. Hensel, Didrichsen &
Buffalo—H. P.' Taylor & Co. |
JAMISON COAL & COKE co. 5% Car Trust
‘Certfs. Due $40,000 1916 and - 1917;
$45,000 pa and 1919 and $50,000 in 1920
and 1921.—
Dated May- - "1911. Interest payable May
and Nov. 1, at- Girard agree Co., Philadelphia.
Authorized—$400,
Guisiending- sone, 000.
Retired—$165,000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at 102%
and interest. -
Secured by the first lien on 400 steel coal
ears costing $468,000.
Original Market—Offered by Henry & West,
Philadelphia, at par ne bit interest, Dec., neds
arket.
Philadelphia—Henry & West, Chas. D. Barney
Co.
Pittsburgh—Mellon National Bank, H. P.
Taylor & Co.
‘New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
JEFFERSON & CLEARFIELD COAL & IRON
CO. Ist. 5s. Due June 1, 1926.—
Dated June 15, 1896. interest payable—
June and Dee. 1, at A. Iselin & Co., at 36 Wall
Street, New York.
Authorized—$2,000,000.
Outstanding—$610,000.
, and additional _
Held in S. F.—$390,000. ~
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable for sinking fund at 105 and in-
terest.
Sinking Fund—Beginning Feb. 15, 1897; three
cents for each ton of coal mined but payments
to be not less than $50,000 per annum, to be
applied to the purchase or redemption of these
bonds at not exceeding 105 and interest. Bonds
so acquired to be held aliveand interest added
to this fund. It is estimated that this issue will!
be retired in 23 years and the 2nd 5s in 28 years,
and 6 months.
Organization and Control—Incorporated in
Pennsylvania in 1896. The entire $1,500,000-
common stock and $300,000 of the $1,500,000
preferred stock are owned by the Rochester &
Pittsburgh ‘Coal & Iron Co. and the common
stock is deposited under that company’s 4s of
1932. The latter company is controlled through
ownership of entire capital stock by the Mahon-
ing Investment Co. which is likewise controlled
by the Buffalo, Rochester & Pittsburgh Ry. Co..
Secured by a first mortgage: on about 4,400
acres of coal lands in Jefferson County, Pa.; ‘also
3,400 acres of coal, and’ coal rights in over 2,600
acres together with | mining plants, ete., ‘and
further secured by $192,500 of $200,000 eapital.
stock and all ue bends of the Reynoldsville and
Fall Creek R. R
Underlies—$1, 900, 000 read 5s of 1926.
Net Earnings, 6/30/14 $456,783
Interest, taxes, sinking fund, etc. 322,229
Listed on the New York Stock Exchange.
“Market.
New York—Hartshorne & ae H..
Becker & Co., Hartshorne & Battelle, J. B. Col-
gate & Co.
JEFFERSON & ‘CLEARFIELD COAL & IRON
CO. 2nd 5s. Due June 1, 1926.—N.
- Dated June 15, 1896. Interest payable June
and C Dee. 1, at A. "Iselin &, Co, 36 Wail St., New
ork. °
Authorized and Outstanding—$1, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United © States Mortgage & Trust
Co., New York. ee
' Sinking Fund-—See 1st 5s above.
_ Organization and Control—See 1st 5s above.
* Secured by a second mortgage on the property
covered by the 1st 5s, see above.
. Prior Liens—$780,000 1st 5s of 1926.
_ Listed on the New York Stock Exchange.
Market.
pecieeatie
See Ist 53 above.
JEFFERSON & CLEARFIELD COAL & IRON
CoO. Indiana County Ist SF. 58. Due
~ July 1, 1950.—F.
Dated July 1, 1910: . Interest payable Jan.
and July 1, at A. Iselin & Co., 36 Wall St.,
New York.
Authorized—$2,500, ‘600.
Outstanding—$1, 900,0 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty TrustCo., New York..
Redeemable at 110 and interest on any interegt
date after six weeks’ notice and for sinking
fund not over par and interest on each Jan. 1,
beginning Jan. 1, 1920. -
Sinking Fand—Four cents per ton of coal
mined from the property covered by this mort-
gage. Annual payment to be not less than 8%
of the amount of bonds issued. Bonds are to be
purchased or redeemed at not exceeding par and
interest beginning Jan. 1, 1920 and bonds so
acquired are to.be cancelled.
Organization and Control—See 1st 5s above.
Secured by a first mortgage on about 16,000
391
acres of coal lands, coal and surface rights, to-
gether with mining plants and equipment, coke
ovens, and all improvements, located in Indiana
County, Pa.
Earnings—See 1st 5s above.
Market.
See 1st 5s above.
JEFFERSON CITY (MO.) LIGHT, HEAT &
POWER CO. Ist 5s. Due May I, 1925.—F.
Dated May 1, 1905. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized and Outstanding.—$200,000.
Denomination—Coupon, $500.
Trustee—Mercantile Trust Co., St. Louis, Mo.
Redeemable at 105 and interest on any
interest date on 30 days’ notice.
Organization and Control—lIncorporated in
1887 in Missouri. In Nov., 1918, acquired the
entire capital stock of the Jefferson Bridge &
Transit Co. The entire capital stock is owned
by the Western Ry. & Light Co., a subsidiary
of the Illinois Traction Co. :
Secured by a first mortgage on plants supplying
gas and electricity to Jefferson City, Mo. Popu-
aon served, 12,000. Franchise expires Nov. 1,
Net Earnings, 12/31/11.......... $39,523
Interest......... Wisse Wie acide Ooh eS 10,829
, Original Market—Offered in 1906, at 98 and
interest, by the Mercantile Trust Co., St. Louis,
oO.
JEFFERSON RAILROAD CO.
Due April 1, 1919.—F.
See Map 50.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1889. Extended Jan. 1, 1909.
Interest payable April and Oct. 1, at Erie R. R.
office, 50 Church St., N. Y.
Authorized and Outstanding—$2,800,000.
ist Ext. 5s.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia,
a.
a Redeemable at 105 and interest on any interest
ate.
Guaranteed principal and interest by the New
York, Lake Erie & Western R. R. Co. which
guarantee was assumed by the Erie R. R. Co.
Control—The entire capital stock is owned by
the Erie R. R. Co. and deposited under its Prior
and Gen. Lien mortgage.
Secured by a first mortgage on (7) 37 miles
of road from Carbondale to a connection with the
Erie R. R. near Lanesboro, Pa. These bonds are
outstanding at the rate of $75,700 per mile.
Refunding—Erie R. R. General Lien. Bonds
are reserved to retire this issue.
Legal for Maine.
Market.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Wurts, Dulles & Co., E. W. Clark & Co., Mont-
gomery, Clothier & Tyler, Reed & Huntoon,
Mellor & Petry, Barclay, Moore & Co., W. H.
Newbold’s Son & Co., Henry & West, S. K.
Phillips, Frazier & Co., Graham & Co.
New York—Coffin & Co., F. H. Hatch & Co.,
Gilman & Clucas, J. A. Clark & Co., Jones &
Lanman.
JEFFERSON RAILROAD CO. Honesdale
*_ Branch Ist Ext. 44s. Due July 1, 1927.—F.
See Map 50.
_ Dated July 1, 1867. Extended July 1, 1887,
interest being reduced from 7%. Interest pay-
able Jan. and July 1, at Fidelity Trust Co., Phila-
delphia, Pa.
Authorized—$250,000.
Outstanding—$204,000.
Hae on Sepa, $100, $250, $500 and
Trustees—John Torrey, Z. H. Russel and Coe
F. Young.
392
Control—See 5s 1919. 7 7
Secured by a first mortgage on (8) eight miles
of road from Hawley to Honesdale, Pa. These
bards are outstanding at the rate of $25,500 per
mile.
Underlies—Jefferson R. R., Honesdale Br. 2nd
6s of 1929. -
Refunding—Erie R. R. General Lien bonds are
reserved to retire this issue.
Legal for Maine.
JEFFERSON RAILROAD CO. _ Honesdale
Branch 2nd 6% Certificates. Due Jan. 1,
1929.—F.
See Map 50.
Dated January 1, 1869. Extended January 1,
1889, interest being reduced from 7%. Interest
payable Jan. and July 1, at Fidelity Trust Co.,
Philadelphia Pa.
Authorized and Outstanding—$96,000.
Denomination—Coupon, $1,000, $500, $250
nd $100. :
Trustee—Fidelity Trust Co., Philadelphia.
Control—See 5s 1919. i
Guaranteed by the New York, Lake Erie &
Western R. R. Co. as to principal and interest
which was assumed by the Erie R. R. Co.
Secured by deposit with Trustee of the Jeffer-
son R. R., Honesdale Br. 2d Mtge. 6s, which
cover by second lien (8) eight miles from Hawley
to Honesdale, Pa. These bonds are outstanding
at the rate of $12,000 per mile.
Prior Lien—$204,000 Jefferson R. R., Hones-
dale Br. 1st Extd. 4}4s of 1927.
Refunding—Erie R. R. General Lien bonds are
reserved to retire this issue. :
JEFFERSON TRACTION CO. Ist 6s. Due Jan.
25.
Dated Jan. 2, 1905.
and July 1.
Authorized—$500,000.
Outstanding—$441,000.
Organization—Incorporated in Pennsylvania
in 1902 as a consolidation of the Jefferson Street
Ry. and the Punxsutawney Passenger Street
Ry. Also controls and operates the Mahoning
Valley Street Ry., comprising about seven miles
of track.
Secured by a first mortgage on 29 miles of
electric railway in Jefferson, Pa., and extending
Interest payable Jan.
to Punxsutawney and Reynoldsville, Pa. Pop-
ulation served, about 14,000.
Net Earnings, 6/30/13........... $54,976
Interest and taxes............... 26,460
JENKINTOWN & CHELTENHAM:GAS CO.
1st Ref. 5s. Due Oct. 1, 1933.—F.
Tax exempt in Pennsylvania.
Dated Oct. 1, 1903. Interest payable April
and Oct. 1, at Real Estate Trust Co., Phila-
delphia.
Authorized—$500,000.
Outstanding—$375,000.
Denomination—Coupon, $1,000. .
Trustee—Real Estate Trust Co., Philadelphia.
Guaranteed—These bonds not guaranteed,
but junior issue is guaranteed principal and in-
terest by the American Gas Co.
Control—Absorbed by the Philadelphia Sub-
urban Gas & El. Co., which is controlled by
American Gas Co., through ownership of entire
capital stock. '
Secured by a first mortgage on plant supplying
gas to populous suburban district of Philadel-
phia, Pa. Franchises are perpetual and exclusive.
aL oe Philadelphia Sub. Gas
. 5s.
Net Earnings (P. S. G. & E. Co.)
F2/ BAST S a oc5ccers, cca weg vee es $418,638
Interest
Ma
Philadelphia—C. D. Barney & Co., Henry &
West, Robt. Glendinning & Co., Ervin & Co.,
Oscar R. Dare, S. K. Phillips. :
JERSEY CENTRAL TRACTION CO. lst 5s.
Due Nov. 1, 1931.
Dated Nov. 1, 1961. Interest payable May
and Nov. 1, at Colonial. Trust Co., Philadelphia.
Authorized—$750,000.
Outstanding—$353,000. (Closed mortgage.)
Trustee—Colonial Trust Co., Philadelphia.
Organization—Incorporated in 1891 as _ the
Keyport & Matawan Street Ry. a horse line.
Present name adopted Nov., 1901. The company
does both a freight and passenger business.
Owns 462 of 500 shares of stock (par $100) and all
the bonds ($100,000) of the Middlesex & Mon-
mouth Electric Light, Heat & Power Co.
‘Secured by a first mortgage on 36 miles of
electric railway from. South Amboy, Keyport
and Belford to Red Bank; from Belford via
Atlantic Highlands to Highland Beach; from
Keyport via Matawan to Frencare, and from
South Amboy via Mechanicsville to Perth
Amboy. The road is built almost entirely on
private right: of way. Population served per-
manently over 25,000 and increasing to over
40,000 in the summer months. . 8
Underlies—$1,500,000 Gen. & Ref. 5s of 1954,
and Gen. Ref. & Impvt. 5s of 1939, which mort-
gages provide for the retirement of this issue.
Net Earnings, 12/31/13......... . $134,750
Tnterest)s iii sscass ae sasia scasan tea oan 81,014
Market.
Baltimore—Howard R. Taylor & Co.
Philadelphia—-E. R. Barnard, Oscar R. Dare,
S. K. Phillips.
New York—Morris Bros., B. H. & F. W. Pelzer.
Newark—Clarence Hodson & Co.
JERSEY CENTRAL TRACTION CO. Gen. &
Ref. 5s. Due Dec, 1, 1954.
Tax exempt in New Jersey.
Dated December 1, 1904. Interest payable
June and Dee. 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,270,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Fidelity Trust Co.,Newark, N. J.
Redeemable at 105 and interest Dec. 1, 1914,
or on any interest date thereafter.
Organization—See ist 5s above.
Secured by a second mortgage on all the prop-
erty covered by the first lien of the lst 5s (see
above), and additionally secured by deposit with
the Trustee of $462,000 out’ of $500,000 capital
stock and all the bonds $100,000 of the Middlesex
& Monmouth Electric Light, Heat & Power Co.,
which company owns plants supplying South
Amboy, Keyport, Matawan, Keansburg, Belford
and other towns with electricity.
Prior Liens—$353,;000 1st 5s of 1981 which this
mortgage provides to retire.
Underlies—$246,000 Impvt. & Exten. 5s.
Earnings—See Ist 5s above.
Original Market—Offered in 1911 by Morris
Brothers, New York and Philadelphia, and How-
ard R. Taylor & Co., Baltimore, at 94 and interest.
Market.
New York—Morris Bros., Bigelow & Co., B.
H. & F. W. Pelzer, Kirkpatrick & Lewis.
Baltimore—Howard R. Taylor & Co.
Philadelphia—Morris Bros., Oscar R. Dare.
Newark—Clarence Hodson & Co.
JERSEY CITY & BERGEN RAILROAD Ist
414s. Due Jan. 1, 1923.—N.
Dated Jan. 1, 1873. Extended from Jan. 1,
1903, and interest reduced from 7% to 44%.
Interest payable Jan. and July 1, at First Nat-
ional:Bank, Jersey City and Bankers’ Trust Co.,
New York. - : *
Authorized—$1,000,000.
Outstanding—$258,000.
Registerable
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Edmund Smith.
Guaranteed as to principal and interest by lease
of Consolidated Trac. Co. to Public Service Ry.
Control—The entire $1,000,000 capital stock is
owned by the Consolidated Traction Co. and
deposited under its 1st 5s of 1933. The prop-.
erty of the latter company is leased for 999 years
to the Public Service Ry., a subsidiary of the
Public Service Corp. of N. J. Rental, principal
and interest on bonds and an amount equivalent
to 4% on the $15,000,000 capital stock.
Secured by a first mortgage on 41 miles of
electric railway track including line from Jersey
City to Bergen Point, N. J.
Earnings—See Jersey City, Hob. & Pat. St. Ry.
4s below.
Market.
New York—W. E. R. Smith & Co., B. H. &
F. W. Pelzer, Kirkpatrick & Lewis.
Philadelphia—Borden & Knoblauch, S. K.
Phillips.
Newark—J. 8S. Rippel.
JERSEY CITY, HOBOKEN & PATERSON
STREET RAILWAY Ist 4s. Due Novy. 1,
1949.—-N.
Tax exempt in New Jersey.
Dated November 1, 1899. Interest payable
May and Nov. 1, at Trustee’s office.
Authorized—$20,000,000.
Outstanding—$12,563,000.
Deposited under Public Service Corp. Gen. 58
—$1,498,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New Jersey Title Guarantee &
Trust Co., Jersey City, N. J.
Control—Merged in 1907 into the Public
Service Ry. Co., the railway operating company
of the Public Service Corp. of N. J.
Secured by a mortgage on about 146 miles of
electric railway track, including about 70 miles of
street railway lines in Hoboken, N. J., and sur-
rounding towns and about 40 miles street railway
lines in and around Paterson, N. J., also on line
connecting these cities and various extensions
and branches. _ :
Prior Liens—$300,000 Paterson Ry. 2nd Gen.
5s due Oct. 1, 1944, and $1,250,000 Cons. (now
1st) 6s of 1931; $100,000 Weehawken Ext. 5s of
1915; $2,998,000 North Hudson County Cons.
(now 1st) 5s of 1928 and $1,291,000 Impt. 5s
of 1924. Provision is made under this mortgage
to retire or refund all of these issues.
Net Earnings, P. S. Corp. of
N. J., 12/81/14............ $17,563,943
Interest and rentals (Subsidiar-
12,097,109
3,841,496
Market.
Philadelphia—Mellor & Petry, Borden &
Knoblauch, Samuel K. Phillips, Chas. D. Barney
& Co., E. B. Smith & Co., Chandler & Co., J. W
ede &_Co., Brown Bros. & Co., Geo. N.
Fleming, Elkins, Morris & Co., Henry & West,
Charles Fearon & Co., Geo. S. Fox & Sons, M. M.
Freeman & Co., O. B. Lansinger & Co., Reed &
Huntoon.
Paterson—F. A. Peters.
New York—B. H. & F. W. Pelzer, Williamson
& Squire, Coffin &'Co., Bigelow & Co., F. H.
Hatch & Co., W. E. R. Smith & Co., L. A. Norton,
Starbuck, Van Sant & Legg, McGeorge &
Vanderhoef. '
Newark, N. J.—J. S. Rippel, Fidelity Trust
Co., Clarence Hodson & Co.
a Jersey City—Outwater & Wells, Edwin R.
ase.
JOHNSONBURG RAILROAD CO. Ist 6s.
Due March 1, 1929.—F.
See Map 97.
393
- ‘Tax exempt in Pennsylvania. ~
Dated Jan. 16, 1889. Interest payable March
and Sept. 1, at Trustee’ e office.” '
. Authorized—$200, :
‘Outetandiig- $200, 000. $150, 000 owned ‘by:
the: Pennsylvania R. R. Co.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Guarantee Trust and Safe Deposit
Co., Philadelphia.
Control—Leased (except straight Creek Br.)
for wf years from 1889 to the Pennsylvania
R. Co. Rental expenses, interest and*5% on
capital stock from earnings of the road.: Lessee
owns the entire $150,000 capital stock.
Secured by a first mortgage on the (9) 20 miles of
road from Johnsonburg to Clermont, Pa. These
bande are outstanding at the rate of $10,000 per
mile.
Deficit from operations, 12/S1/14 $6,806
Legal for Maine.
JOHNSTOWN (PA.) PASSENGER RAILWAY
Gen. Cons. (now 1st) 4s. Due Dec. 1, 1929.
Dated Dec. 1899. Interest payable June
and Dee. 1, at Guaranty Trust Co., New York.
Authorized—$800,0
Outstanding—$399, 200 leet mortgage).
: Denomination—Coupon, $1,0'
Trustee—Guaranty Trust co New York.
Redeemable on any interest date.
Assumed by the Johnstown Traction Co.
Control—Merged January, 1914, into: the
Johnstown Traction Co.
Secured by.a first mortgage on 39 miles of
electric railway track embracing the entire street
railway system of Johnstown, Pa., and vicinity,
and an 11-mile extension to ‘Windber, Pa. Popu-
lation (1910) Johnstown, 55,482; Windber, 8, 013.
Franchises are reported as perpetual.
Underlies—-$1,601,000 Ref. 4s of 1931. ' ‘and
$2,000,000 Johnstown Traction Covilst & Ref.
6s of 1943. The latter mortgage provides for the
retirement of this issue: ''
Net Earnings, 12/31/14 vs $295, 325
ieee fog geared 180, p00:
Market.
_Tnterest on bonds
' Philadelphia—Newburger, Henderson & Loeb;
8S. K. Phillips, ‘Oscar R. Dare, Rufus. Waples &
Co. (ons
JOHNSTOWN (PAD PASSENGER RAILWAY
. » CO. Ref. 4s. ‘Due Dec.-1, 1931.—
Tax exempt in the State of Pennsylvania.
Dated: December -1, 1901. Interest payable
‘June and Dee. 1, at Trustee’s office.
‘Authorized—$2, 000,000.-
Outstanding—$1, 601, 000 (Closed - mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Johnstown Trust: Co., Johnstown,
ae
Redeemable as a whole at 105 and interest on
any interest date on six weeks’ notice.
Assumed. by the Johnstown Traction Co.
Control—Gen. Cons. 4s above.
. Secured by.a second mortgage on the property
covered by rhe. first lien of the Gen. Cons. 53
which see abov
we Lien—$399, 000 Cons. (now Ist) 4s of
Underlies—$2,000,000 Johnstown Traction
Co. 1st & Ref. 5s of 1948, which mortgage pro-
vides for the retirement of this issue.
Earnings—See Gen. Cons. 5s above.
Original Market—Offered in 1909, by Spencer
ae & Co., New York, and George B. Atlee &
(now Woelpper, Crawford & Co.), Phila-
Lee at 8614 and snbeber . iv
Mar
Philadelphia—Wurts, "Kettles & Co., Samuel K.
Phillips, W oelpger & Co., J. H. McQuillen & Co.,
Elkins Morri: Co., Oscar R. Dare, E. R. Bar-
nard & Co., Rufus Waples & Co.
New York—Spencer Trask & Co.
JOHNSTOWN TRACTION CO. ist & Ref. 5s.
- Due July 1, 1943.—
Tax exempt in Pennsylvania.
Dated Dee. 31, 1913. - Interest. payable Jan.
and July 1, at. Trustee's office.’
Authorized—$5,000,000.
‘Outstanding—$2, 000, 000. gh Se
Denomination—Coupon,: $500 and. $1,000,
Registerable as to principal.
Trustee—Logan Trust Co., Philadelphia.
Redeemable on any interest date at ‘102 and
interest. | -
He ora: Fund—Beginning Oct. 1, 1917, to Oct.
1942, inclusive. An annual amount equal to
1% of * outstanding bonds for the purchase or
redemption of these bonds at not over 102 and
interest. Bonds so acquired: to be held: alive
and interest added to this fund.
Organization—Incorporated in Penhsylvania,
Feb., 1910, *to-lease the Johnstown Passenger
Ry.- In Jan., 1914, absorbed the latter company.
* Secured by a third mortgage on about 39 miles
of electric railway track in and around J ohnstown,
Pa., embracing the street railway system of
Johnstown and an 11-mile extension to ‘Windber,
Pa. . Franchises perpetual. ” Population: served
over 60,000. :
Prior. Lien—$399, 000 Gen. Cons. (now 1st)
4s of 1929, and $1,601,000 Ref. 4s of 1931, of
the ‘Johnstown Passenger Ry. For the retire-
ment of which provision is made in this mortgage.
Net Earnings 12/31/13.......... $322, 049
Interest-on bonds (exclusive. of this
ISSUG) iis icc aw erimoen re omy saan » 180, 000
- Original . Market——Offered in /i9is- by New-
burger, Henderson & Loeb, and Geo. S. Fox
Sons, Philadelphia, at 95 and interest.
“Market. * Siete
- Philadelphia—Newburger, Henderson & a eb,
Bioren & Co., E. V. Kane & Co.
JOLIET & NORTHERN INDIANA RAILROAD
1st 4s. Due July 10, 1957.—F.
See Map 69.
Dated Suly- 10, 1907. Interest payable Jan.
and July 10, at Trustee’s office.
Authorized—$3, 000,000. ;
Outstanding—$1,500,000. ih
Denomination—Coupon, $1,000.
as to principal. Registered, $1,000,
$10,000, $50,000 and multiples of. $5, 060."
R. interchangeable.
Trustee—-Guaranty Trust Co., New York.
Control—Leased in perpetuity, to the Michigan
Central R. R. Co. Rental interest on bonds and
5% on the capital stock, which is all owned by
the lessee.
Secured by a first mortgage made jointly by
the Michigan Central R. R. Co. and the Joliet
& Northern Indiana R. R. Co. on a) 45 miles of
road from Lake, Ind., to Je oliet, Ill, These bonds
are outstanding at the rate of $33,300° per mile.
Legal for Cal., Conn., Fla., Me., ‘Mass., Mich.,
Minn., N. H., N. J., R. 1. and Wis.
Original Market—-Offered in 1907 by Clark,
Dodge & Co., New York. -
_Resioterabe
36,0 900,
bier ac oan General 5s.
Due April
Dated May 1, 1898. Interest payable May
and Nov. 1, at Portland Trust Co. ., Portland,
. Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Portland Trust Co., Portland, Me.
Control— Merged in 1901 into The Chicago &
Joliet Electric Ry. Co., which is controlled by the
American Rys. Co. through ownership of its
entire $2,300,000 capital stock and $1,600,000
(entire outstanding) Gen.. 6s of. 1931. Power
394
ig purchased from the Economy Light & Power
Co. of Chicago. The C. & J. E. Ry. Co, ownr
$1,000,000. of : $1,000, Soe eapital stock ans
$1,000,000 (entire issue) of bond of the Chicago
& ‘Desplaines Valley Electric Ry. Co. (deposited
under its Gen. 5s of 1931), owning 41 miles of
track from a connection with the C. & J,.E. Ry.
Ca. at the Will County Line to City of Chicago
Line on Archer Ave. The C. & J. E. Ry. Co.
owns: about 44 miles of traek.including the
street railway system of Joliet and line extending
from that city to the Will County Line and runs
through trains from Joliet to Chicago. Fran-
chises are for 50 years.
Secured by a first ‘mortgage on the property
formerly belonging to the Joliet R. R. Co. -
Underlies—$1,600,000 C. & J. E. Ry. Co. Gen.
5s of 1931. For particulars soe see above.
Net Marnings, including C. & D.
»V. E. Ry. Co.,) 6/30/14,........ $95,325
THCER OSE iis seeped tease id a aasgecta 250,313
Original Market—Offered by Portland Trust
Se Portland, Me., at par and interest, July,
: Market.
Philadelphia—Bioren & Co.
Chicago—Hulburd, Warren & Chandler.
JONES & LAUGHLIN STEEL CO. 1st 30- Year
8. F. 5s. Due May 1, 1939.—F,
Tax exempt in Pennsylvania. fi
Dated May 1, 1909. Interest payable May
and Nov. 1, at Trustee’s office, and First National
Bank, New York. ®
Authorized—$30, 000,000.
Outstanding—$22, 577, 000.
Retired by Sinking Fund—$2,423,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First - Trust & Savings Bank, and
Emile K. Boisbt} Chicago
Redeemable at 105 cad interest on any. inter
est date after May 1, 1914.
Sinking Fund—Annually one-fifteenth of the
amount of bonds outstanding (payable in cash or
bonds, which are to be taken. at their par value),
the payment of interest on the outstanding bonds
and to the retirement of principal. Prior to 1915
bonds for this fund are to be purchased as directed
by the company but ata price not to exceed
105 and interest.. Thereafter bonds are to he
pee by the Trustee: in open market up to
arch 28, after whiich. date bonds are to be
drawn.
Organization—Incorporated in Pennsylvania
in 1902.’succeeding the partnership Jones &
Laughlin, Ltd. The sorneny controls through
stock ownership the Blair Limestone,Co., Eastern
. Co., Interstate Iron Co., Jones & Laughlin
Ore Co., Leetonia Mining Co., Monongahela Con-
necting R. R. Co:, Vesta Coal Co., Alliquippa &
Southern R.'R. Co., Interstate S. S. Co., Harbor
Land Co., Ross Land Co. and Woodlawn Land
Co. ‘Its business was founded in 1854.
Secured by a first mortgage on extensive steel
plants located largely in Pittsburgh and the new
lant at Alliquippa, Pa., twenty miles from Pitts-
Burch. valued .at over $75, 000,000 and addition-
ally secured by the deposit of practically all out-
standing stocks of the subsidiary companies
mentioned above and having a bonded indebted-
ness of $1,285,000. Under the provisions of the
mortgage the company is required to keep net
quick assets of at least $8,000,000 as long as an
equal amount of bonds remain outstanding.
Original Market—First offered in 1909, by
Blair & Co., New York, and First Trust and
Savings Bank, Chicago. $10,000,000 offered by the
same firms at 10214 aud TBUBTEst, June, 1911.
arket.
New York—E. & . Randolph, Lee, Higginson
& Co., McGeorge & Vanderhoef, Duncan
peey Potter, Choate & ae L. M.
Prince & Co., A. B. Leach & Co., Effingham
395
Lawrence & Go ., Curtis & Sanger, Harris, Win-
throp & Co., C. H. Hensel, Tobey & Kirk, H. P.
Taylor & oa
Philadelphia—Montgomery, Clothier & Tyler,
Brown Bros. & Co., Chas. C. Harrison, Jr., & Co.,
Elkins, Morris & Co., Henry & West, ores &
Knoblauch, Chandler’ & Co., E. B. Smith.& Co.,
Sam. K. Phillips, Reed A. Morgan & Co., Graham
& Co., Barclay, Moore & Co., C. D. Barney & Co.,
Reed & Huntoon.
Chicago—First Trust & Savings Bank, State
Bank, .Follansbee & Co., Stanwood, Taylor & Co.
Pitisburgh—Ussing, Scoville Co., Speer
Bros., Mellon National Bank, H. P. Taylor &
Co., The Safe Deposit & Trust. Co., The Colonial
Trust Co., Ballard & McConnel, Moore, Leonard
& Lewis, Sondae & Co.
Buffalo—H. P. Taylor & Co.
JOPLIN & PITTSBURGH RAILWAY ist 5s.
Due March 1, 1930.—F.
Dated March 1, 1910. Interest payable
March and ‘Sept. 1, at aaguseee's offices.
Authorized—-$5,600,
_. Outstanding—$1, 750,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Harris Trust & Savings ‘Bank,
Chicago, and St. Louis Union Trust Co., St.
Louis.
Redeemable at 103. and
interest date on 20.days’ notice.
Organization—The company was incorporated
in Missouri in 1907, as a consolidation ‘of the
Pittsburgh Ry. & Light Co. and the Joplin &
Pittsburgh Street Ry. Co. In 1910 absorbed the
Pittsburgh & Kansas City RY., which compan
had previously absorbed the Girard Coal Belt
Electric Ry.
* Secured by a first mortgage on about 100
miles of electric railway track, of which 96 miles
are main track and including’ six miles of street
railway i in Joplin, Mo., and all the street railway
lines in Pittsburgh, Kan. and 25 miles of inter-
urban railway connecting these cities; also
Ynes connecting Pittsburgh with Frontenac,
mkirk, Radley, Franklin Anna, Croweburg,
Mulberry and Girard, Kan., and Cherokee,
Mineral, Weir’ City, Scammon and Columbus,
Mo. ‘Population ‘served about 70,000... Fran-
chise in Pittsburgh e: ne in 1939, in’ Joplin in
1957, in Girard in 1957, in Weir City in 1955 and
in Columbus is unlimited. Outside 6f munici-
palities road is built on pee right of way.
Underlies—$1,050,000 Deb. 63 of 1920" and
Gen, 6s of 1920.
interest on any
Net Earnings, 6/30/14.......... “$221,936.
Interest.......... dh Seaitepsieeee a sv 150,500
. This issue.........- 0 eee ee ee 87,500
Original Market—Offerea in ‘1910, by N. W.
Harris & Co., and E. H. Rollins & Sons, New
York, Boston, etc., at 97 and interest.
Market.
Chicago—Harris Trust & Savings Bank, Stan-
wood, Taylor & Co.
Albany—Horace ‘S. Bell.
3 Boston—N. W. Harris & Co., E. H. Rollins &
ons. .
Kansas City—H. P. Wright Investment Co. -
New York—Harris, Forbes & Co., E. H.
Rollins & Sons, Mercere & Vanderhoef, Gude,
eenill & Co., 8. L. Snowden, P. W. Brooks &
0.
Milwaukee—First Savings Bank & Trust Co.
Providence—Brown, Lisle & Marshall.
JOPLIN & PITTSBURGH RAILWAY CO.
10-Year Deb. 6s. Due April 1, 1920.—F.
Dated April 1, 1910. Interest payable April
and Oct. 1, at Trustee’s office, or First National
Bank, New York.
For the first five years interest on these deben-
tures is payable only if earned. After April 1,
1915, they are entitled to a fixed rate of 6%.
Interest at the rate of 6% has been paid to date.
Authorized—$1,050,000.
Outstanding—$1,050,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal..
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. Z ay
4 Redeemable at par and interest on any interest
ate.
Convertible at par after April 1, 1915, into
Gen. 6s of 1920. __ ;
Organization—See 1st 5s above.
Secured by deposit of $1,050,000 Gen. 6s
dated April 1, 1918, and due April 1, 1920, which
are a second lien on all the property of the
company.
Prior Lien—$1,750,000 1st 5s of 1930.
Earnings—See 1st 5s above.
Listed on the St. Louis Stock Exchange.
Market.
Boston—E. H. Rollins & Sons.
Chicago—Stanwood, Taylor & Co.
New York—S. L. Snowden.
baal: Tack eee GAS CO. Ist 6s. Due June
Dated: June 1, 1900. Interest payable June
and Dec. 1, at Union Trust Co., Detroit, Mich.
Authorized and Outstanding $300,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., Detroit. -
Organization and Control—Incorporated in
Missouri in 1900 as successor to Joplin Illu-
minating Co. Its entire capital stock $300,000
is owned by the National Gas, Electric Light &
Power Co. and deposited under its Coll. Tr. 5s.
Secured by first mortgage on plant supplying
natural gas to Joplin, Mo. , Gas purchased from
Kansas Natural Gas Co. Franchise perpetual.
Population, 1910, 32,073.-
Net Earnings 12/31/12........ $33,892
ANCOL eS a ays decieuerestag aytven ais ane * 18,000
Market.
Philadelphia—Bioren & Co.
JOPLIN UNION DEPOT CO. Ist 44s. Due
May 1, 1940.—F,_.
Dated May 2, 1910. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$750,000.
Outstanding—$650, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Redeemable at 105 and interest, on and after
May. 1, 1915.
Guaranteed as to interest and principal jointly
and severally by the A., T. & S. Fe Ry. Co.,
Kan. C. So. Ry. Co., Mo. & N. Ark. R. R. Co.
and M., K., T. Ry. Co.
Controlled by guarantors through ownership
of entire outstanding capital stock ($40,000).
Secured by a first mortgage on union freight
and passenger station on 26 acres at Joplin, Mo.
Market.
Boston—Old Colony Trust Co.
JOPLIN, RATER WORKS CO. 5s. Due April
. i
Dated April 1, 1900. Interest payable April
and Oct. 1, at Trustee’s office. :
Authorized—$800,000.
Outstanding—$450,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable at par on any interest date.
Control—Incorporated in Missouri in 1893 for
50 years. A majority of the capital. stock is
oned by the American Water Works & Electric
‘0.
Secured by a first mortgage on plant supplying
water to Joplin, Mo. Population served, 32,000.
Prior Lien—$350,000 6s of 1919.
Underlies—$163,000 5s of 1948.
Net Earnings, 4/30/13......... $60,842 .
Interest on bonds............- % 53,550
This 188 Ue ie ics aisis avers acess arecereie 41,200
JOPLIN WATER WORKS CO. 5s. Due Oct.
1,1
» 1948.
Dated Oct. 1, 1908. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,250,000.
Outstanding—$163,000.
ji ee $100, $500
Trustee—Equitable Trust Co., New York.
Redeemable prior to Oct. 1, 1918, at 103 and
interest, thereafter at any time at par. Also
redeemable at any time at par and interest in
event of sale of the plant to the city.
Control—See 5s above. ‘
Secured by a mortgage on plant supplying
water to Jolt, Mo., and suburbs. Population
served, 32,000.
Prior. Liens—$350,000 6s of 1919 and $450,000
6s of 1940, both of which this issue provides to
retire.
Earnings—See 5s above.
and
JUNCTION RAILROAD CO. Gen. (now Ist.
3\%s. Due April 1, 1930.—F. — 3
Dated April 3, 1900. Interest payable April
and Oct. 1, at Broad Street Station, Philadelphia.
Authorized and Outstanding—$725,000.
$300,000 are held in the Pennsylvania R. R
Employee’s Saving Fund and $161,000 are owned
by the Pennsylvania R. R. Co. .
Denomination—Coupon, $1,000. Registerable
as to principal. ‘
Trustee—John P. Green. :
Assumed by the Pennsylvania R. R. Co. at
consolidation. i
Control—Merged into the Pennsylvania R. R.
Co. in 1908. :
see by a Sa te on 3% miles of
road in the City o iladelphia. -
Lado ies “Eennayivants R. R. Cons. 5s, 48
and 3 4s.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J., N. ¥., Re L,
Vt. and Wis.
Market.
Philadelphia—E. W. Clark & Co.
896
z=
KALAMAZOO & SOUTH HAVEN RAILROAD
1st 5s. Due Nov. 1, 1939.—F.
See Map 69.
Dated Nov. 1, 1889. Interest
and Nov. 1, at Grand Central
York. - :
Authorized and Outstanding—$700,000.
Denomination—Coupon, $1,000. Registered,
$1,000 and $5,000. :
Trustee—Guaranty Trust Co., New York.
Controlled through ownership of $257,500 of
the $325,000 capital stock by the Michigan
Central R. R., and leased to that company in
perpetuity.
Secured by first mortgage, executed jointly by
this Company and the Michigan Central R. R.
Co., on (10) 39 miles from Kalamazoo to South
Haven, Mich. These bonds are outstanding at
the rate of $18,400 per mile.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J. and Wis.
KALAMAZOO & WHITE PIGEON RAILROAD
CO. 1st 5s. Due Jan. 1, 1940.—F.
See Map 83.
Dated January 1, 1890. Interest payable
2 an and July 1, at Grand Central Station, New
ork.
Authorized and Outstanding—$400,000. :
Denomination—Coupon, $1,000. Registered,
$1,000 and $5,000.
* Trustee—Union Trust Co., New York.
Assumed by the New York Central R. R. Co.
Guaranteed principal and interest by endorse-
ment by the Lake Shore & Michigan Southern
y. Co.
Control—Absorbed by the New York Central
R. R. Co.
Secured by first mortgage on (6) 37 miles of
road from ite Pigeon to Kalamazoo, Mich.
These bonds are outstanding at the rate of
$10,800 per mile.
Underlies—$290,000,000 L. S. & M.S. R. R.
bonds, N. Y. C. R. R. Ref. & Imp. 4 4s and De-
benture 6s and all unexchanged N. Y. C. Lake
Shore Coll. Tr. bonds..
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
Mo., N. H., N. Y., R. I. and Vt.
‘ Market.
New York—J. S. Farlee & Co., Douglas Fen-
wick & Co., Kirkpatrick & Lewis.
KALAMAZOO, ALLEGAN & GRAND RAPIDS
RAILROAD CO. 1st 5s. Due July 1, 1938.
—F.
Dated July 2, 1888. Interest payable Jan.
and July 1, at Grand Central Station, New York.
Authorized and Outstanding—$840,000.
Denomination—Coupon, $1,000. :_-
Trustee—Union Trust Co., New York. z
Organization and Control—Incorporated in
1868 and road opened for operation in 1869, in
which year it was leased to the Lake Shore &
Michigan Southern for 999 years at an annual
rental equal to interest on bonds and 6% on
the $610,000 stock. y
Guaranteed principal and interest under the
terms of the lease by the Lake Shore & Michigan
Southern Ry. Co. :
Secured by first mortgage on (7) 58 miles of
road from Kalamazoo to Grand Rapids, Mich.
These bonds are outstanding at the rate of $14,500
per mile. Debs Play
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
Mass., Mo., N. H., N. J., R.I., Vt. and Wis.
Listed on the New York Stock Exchange.
ae GAS CO. Ist 58. Due Jan. 1
19; N
Dated Jan. 1, 1900. Interest payable Jan. and
au ae at Michigan Trust Co., Grand Rapids,
ich. SA BBIAR eV a
Authorized—$450,000. ‘ be
ayable May
tation, New
Outstanding—$400,000.
Denomination—Coupon, $1,000.
as to principal.
prustes— Michigan Trust Co., Grand Rapids,
ich. *
Redeemable at 105 and interest.
Organization and Control—Incorporated in
1899 in Michigan ‘and absorbed in 1914 by the
Michigan Light Co., which is controlled by
the Commonwealth Power Railway & Light Co.
Secured by first mortgage on plant supplying
Kalamazoo, Mich., with gas without competition.
Franchise extends to 1916. Population served,
Registerable
40,000.
Net Earnings, (Mich. Light Co.),
BABU ITA eisncessrircs scars anata $593,944
Dnterest s.cicscsraecewiqewe acca ge rcngs gees te 140,800
Market.
Chicago—Hulburd, Warren & Chandler,
Wollenteerser & Co., Hodenpyl, Hardy & Co.,
ne.
New York—Hodenpyl, Hardy & Co., Inc.
KAMINISTIQUIA POWER CO., LTD. 1st 5s.
Due Jan. 1, 1937.—N.
Dated Jan. 2, 1907. Interest payable Jan. 1,
and July 1, at company’s office or at the Royal
Trust Co., Montreal, and Bank of Montreal,
New York.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Royal Trust Co., Montreal.
Redeemable as a whole or in part for the
Sinking Fund at 105 and interest on Jan. 1, 1917,
or any interest date thereafter on 90 days’ notice.
Sinking Fund—1% annually beginning Jan. 1,
1917, of outstanding bonds to be applied to pur-
chase or redemption of these bonds at not ex-
ceeding 105 and interest.
Organization—Incorporated in 1905 under the
Companies’ Act of Canada for the purpose of
generating and supplying light, heat and power,
and owns extensive water power rights on the
Kaministiquia River, Ontario, granted in per-
petuity by Government.
Secured by first mortgage on power house,
substation, transmission lines and other property
of company supplying Fort William and Port
Arthur, Ont. Population served, 40,000. Fran-
chise perpetual.
Net Earnings, 10/31/14.......... $269,613
Interest, ete::......... 0. eee 88,281
Listed on the Montreal Stock Exchange.
Original Market—Offered, 1911, by Royal
Securities Corp., Montreal.
Market.
Montreal—McCuaig Bros. & Co., Royal Sec.
Corp., Ltd.
New York—Berdell Bros.
KANAWHA & HOCKING COAL & COKE
CO. Ist S. F. 5s. Due July 1, 1951.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized—$3,500,000.
Outstanding—$3,013,000.
Held alive in Sinking Fund—$487,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at 110 and interest on any interest
date on 30 days’ notice. . : !
Sinking Fund—24c. per ton on all coal mined
to be applied to purchase or redemption of these
bonds at not exceeding 110 and interest.
. Guaranteed principal and interest by endorse-
ment by the Hocking Valley Railway Company
and the Toledo & Ohio Central Railway Co.
Guaranteed as to interest and sinking fund
payments under the terms of the lease by the
Sunday Creek Co. = i :
Organization and Control—Incorporated in
97
1901 in W. Va. and acquired a number of coal
and coke properties. The company entered into
agreements with the Toledo & Ohio Central Ry.
and the Kanawha & Michigan Ry. for the trans-
portation of its products; under which the
Kanawha & Michigan agreed to purchase from
this company all coal needed by it and the
Toledo & Ohio Central guaranteed the payment
of principal and interest of the company’s
onds. .Subsequently the Toledo & Ohio
Central entered into an agreement: whereby,
one-half of the traffic of the Coal.Company was
given to the Kanawha & Michigan Ry. Co.,
which also guaranteed the payment of principal
and interest of the bonds. In 1905, the property.
of the company was leased for 39 years to the
Sunday’ Creek Co., which is to pay all expenses,
taxes, interest, sinking fund instalments, etc.
Secured by first mortgage on 21,000 acres of
coal lands in Fayette and Kanawha Counties,
W. Va., and leasehold interests in 12,000 acres
and 7 miles of railroad connecting the mines
with the Kanawha & Michigan Ry. .
Listed on the New York Stock Exchange.
Market. :
‘New York—Leonard Snider & Co., McGeorge
& Vanderhoef, Alfred Mestre & Co., ’ Hartshorne
& Picabia, B. a. & F. W. Pelzer, F. H. Hatch &
Co., Coffin & Co.; Rauscher & Childress, Bigelow
& Co., E. & C. Randolph, H. Duncan Bulkley.
Philadelphia—Chas. Fearon'& Co., S. K.
Phillips, Reed & Huntoon. 5
KANAWHA & MICHIGAN near co.
. * 2nd 5s. Due July 1, 1927.—
See Map 19.
Dated Taly = 4, 1907. Interest payable Jan.
and July 1, at J..P,,Morgan & Co., New York.
Authorized and Outstanding—$2,500,000.
- Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at par and interest on any interest
day upon three.months’ notice. .
Organization and Control—See Ist 4s, due 1990.
Secured by second mortgage on 169; miles of
road, subject to a prior lien at the rate of $14,000
per: ‘mile. These bonds are outstanding at the
rate of $14, 100 per mile. (For details oe mile-
age see 1st 4s above. )
Prior Liens—$2,469, 000 1st As.
Earnings—See ist 4s below.
Listed on the New York Stock Exchange.
Original Market—Offered in 1909 by White,
Weld & Co., New York and Chicago, and Lee,
Higginson & Co., New York, Boston and Chi-
cago, at 9614 and interest.
Market.
New York—Chas. D. Barney & Co.,-J. S.
Bache & Co., White, Weld & Co., Pendergast,
Hale & Co., eae Higginson & Co., Redmond
& Co., Newborg & Co., Wood, Struthers & Co.,
J. J. Levenson.
Philadelphia— Montgomery, Clothier & Tyler,
Reed & Huntoon.
KANAWHA & MICHIGAN RAILWAY CO.
1st ren one April 1, 1990.—F.
See Map :
' Dated ve 8, 1890. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$15;000 per mile.
Outstanding—$2,469,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by _endorse-
ment by the Toledo & Ohio Central Railway Co.
Organization and Control—Incorporated in
1890 in Ohio and West Virginia, succeeding the
Kanawha & Ohio Ry. Co. Formerly controlled
jointly by the Chesapeake & Ohio Railway Co.
and the Lake Shore & Michigan Southern Ry.,
which owned 90% of the capital stock in equal
Registerable
‘ sproportions.
In 1914 the U. S. District Court
hele that the contro] exercised by the C. & 0.
Ry. Co. was illegal,,and ordered that company
to sell its holdings, which it has since disposed
of to the’ Toledo & Ohio Central Ry. Co.
Secured by first mortgage on the entire road,.
comprising (14) 169 miles, extending from Corning
to Hobson, Ohio, from Point Pleasant to Gauley
Bridge, W. Va.,; from Glouster to Carrington,
Ohio, and from *Smithers to Marting, W. Va.
Also a first lien, through deposit of the entire
$1,000,000 First Mortgage Bonds and $998,000
of the $1,000,000 Stock of the Mt, Pleasant.
Bridge Co., on a two mile bridge across the Ohio.
River. These bonds are outstanding at the rate
of $14,100 per mile.
Underlies—$2,500, on Second Minvaine 5s.
Net Earnings, 6/ 30/14 bial cate aha 1,120,812
EN COPOBG ies a: scsnsrenepene seacenepisiae sacs bac 285,025
PRISM SSUC: 2 corrsieae yun seieraeew 6 ¢s800 160,025
Legal for Cal., Me..and M
Listed on the New York Stock Exchange.
KANAWHA & ‘MICHIGAN RAILWAY CO.
Equip. Tr. 44s. Due $60,000 each Jan.
and July 1st, to July 1, 1922.—
Dated July 1, 1912. Interest payable Jan.
and July 1, at. New York..
Authorized—$1, 200,000. Outst. —$900, 000.
Balance Retired. — :
Denomination— Coupon, $1,000.
Trustee—Union Trust Co., New York.
Redeemable-at par and interest on any interest
date on 30 days’ notice.
Organization and Control—See ist 4s.
Secured: by first lien on 1,000 fifty-ton steel,
drop bottom coal cars, 100 Hart convertible
steel underframe coaliand ballast cars, 38. steel
underframe passenger cars, 10 consolidation
freight locomotives and 2 heavy switching loco-
motives, costing $1,333,400, of which $133,400
was paid in cash by the "railway company.
Original Market—Offered in 1912 by Waite,
Weld & Co., New York; at 100 and interest for
maturities from Oe to rig inclusive. »
arket. -
Baltimore—J a s. Wine Jr., & Co.
New York—White, Weld & Co., Bigelow & Co.,
Alfred R. Risse, Coggeshall & Hicks, Bull &
Eldredge.
Philadelphia—Montgomery, Clothier & Tyler.
Graham & Co.
KANAWHA & WEST VIRGINIA. RAILROAD
CO, ist 5s. _Due: July 1, 1955.—F.
Dated July 1, 1905. Interest payable Jan.
and July 1, at Trustee’s office. _
Authorized—$5, 000,000... =>
Outstanding—$897, 5000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Scranton Trust Co., Scranton, Pa.
Redeemable at 105 and interest on 60 days’
notice. 2
. Guaranteed as to principal and interest the
first $1,000,000 -by sadorsement by the Blue
Creek Coal & Land Co.
Organization—Chartered in 1906 i in West ‘Vir-
ginia, succeeding the Imboden & Odell R. R..,
Entire line finished and opened for operation in
Registerable
Controlled through ownership of a majority
of the stock by Blue Creek Coal & Land Co.
Secured by first mortgage on 39 miles of road,
extending through the property, of the Blue
Creek Coal & Land Co., from Charleston, W.
Va., to Blakely. The road is to be extended to
Belva on the Gauley River, which will add an
additional:16 miles. These bonds are outstand-
ing at the rate of $23,000 per mile on the com-
pleted road.’
Net Earnings, 6/30/14..... inten $51,851 |
Bond Interest :
Other Interest 74,519
398
Original. Market—First offered in 1907 at par
and interest by Brooks & Cor, Scranton, Pa.
arket.
Scranton—Brooks & Co., E, A. Burke & Cos
New York—Bigelow & Co.
KANAWHA BRIDGE & TERMINAL CoO. 1st
5s. Due April 1, 1948.—
Dated April 1, 1908. Interest payable April
and Oct. 1, at Fidelity cad Co., Philadelphia.
Authorized —$500,
Pear eae 5
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable on and after April 1, 1916, at 105
and-interest... .
Sinking Fund—$3,000 per year from 1913 to
1917, $5,000 to 1927, $7,500 to 1937 and $10,000
thereafter. ; 4
Organization and_Control—Incorporated in
1907 in Virginia. Entire stock owned by the
Chesapeake & Ohio Railway Co.
Secured by first, mortgage on a bridge 4,800.
feet long across the Kanawha River at Charles-
ton, W. Va., and on certain terminal properties.
This bridge connects the lines of the Ches. &
Ohio and the Kanawha & Michigan, and is also
used for steel railway and general traffic.
Net Earnings, 6/30/14............ $23,367
Interest. ........+-5 .- 25,000
Original Market—Offered. “by “Montgomery,
Clothier & Tyler, Piilade puis.
et
Philadelphia—Montgomery, Clothier & Tyler.
KANAWHA VALLEY TRACTION CO. Ist 5s,
Due Jan. 1, 1946.—F.
Dated Jan. i, 1906. Interest payable Jan.
and July 1, at Fidelity Trust Co., Philadelphia.
Authorized—$2, 000,000.
Outstanding—31, 225, 000. ,
Denomination—Coupon, $1,000.
- Trustee—Fidelity Trust Co., Philadelphia.
Organization and Control—Incorporated in
1905 in West Virginia and in 1909. property was
leased to the Charleston Interurban R. R. En-
tire stock is owned by the Ohio Valley Electric
Co., a subsidiary of the American Rys. Co.
Secured by first mortgage on 14 miles of elec-
tric railway track in Charleston, W. Va. Popu-
lation, 23,000. Franchise extends to 1955.
Net &arnings, (Charleston Inter-
urban & R. R.), BELBAIAB 03 santos a3. aan
Interest . apcceee
Phitaaeiobin-
‘_ Underlies—$16,000,000 Kansas City Southern
Ref. & Imp. 53 due 1950. —
« Net Earnings, 6/30/14: be te wana $3,491,192
Interest..:......... 1,860,579
! This issue 1,085,579
Legal for Cal., Me., Mo. and R. 4.
Listed on the New York Stock Exchange.
Market.
New York—L. M. Prince & Co., Struthers: &
Hiscoe, Clark, Dodge & Co., Herrick & Bennett.
Seasongood & Haas, Hambleton & Co.
Enea es . Smith & Co., Henry &
est. .
KANSAS CITY SOUTHERN RAILWAY CO.
Ref. & Imp. 5s. Due April 1, 1950.—F.
- See Map ar
. Dated July_1, 1909. Interest payable. Jan.
and J uly 1, at New York Trust Co., New Yok.
Authorized—$21, 000,000. ~
“ Outstanding—$16, 750, 000.
Denomination—Coupon, $1, 000. Registrable
as'to principal or fully registerable. Registered,
$1,000 and $5,000.
Trustees—New York Trust Co., New York,
and Edward F. Swinney.
Redeemable at 105. and interest on any interest
date on 60 days’ notice.
Organization—See 1st 3s.
' Secured by second mortgage on (i) 388 miles of
road and a second collateral lien on (2) 485 miles
of road, subject to_a prior lien at the rate of
$34,000 per mile. . (For.details, see 1st 3s above.)
They are also secured by deposit with the Trustee
of the entire $30,000 stock.(no bonds outstanding)
of the. Maywood & Sugar Creek Ry. Co., owning
1.5 miles of road, $80,500 capital. stock of the
Hot Springs, Ouachica & Mena Ry. and ithe entire
$650,000 capital stock ($650; 000:bonds outstand-
ing) of the Arkansas. Western Ry. owning (3) 32
miles of road. These bonds are outstanding at
the rate of $19,000 per mile.
Prior Liens—$30,000, a First 3s due 1950.
Net Earnings, 6/30/14 in 491,192
Enterest.ss,scusiz-s/.3-e nai de amas 060,579
Listed on the New York Stock Dechacue :
Original Market—$10,000,000 offered:in 1909,
to the stockholders for subscription at. par.
$5,000,000 also offered in 1911, by Ladenburg,
Thalmann & Co. and the National City Bank,
New York, at 101 and aes :
t.
New York—Curtis cS Sanger, L. M. Prince &
Co., N. W. Halsey & Co., Knauth, Nachod &
Kuhne, National. City Bank, Robinson & Co.,
Eugene Meyer,.Jr., & Co., J. S. Bache & Co. he
Guaranty Trust Co., Ambrose x Clark, E. & C.
Randolph, Seasongood & Haas.
ee & West, E. B. Smith &
0. Be ;
Chicago—First Trust & Savings Bank.
Cleveland—Borton & Borton.
Omaha—City Trust Co. -
KANSAS CITY SOUTHERN RAILWAY CO.
Equip. 5s, Series ‘‘D.”” Due $62,000 each
June and Dec. 15th to Dec. 15, 1924,
inclusive.—F.
Dated December 15, 1912. Interest payable
June and Dee. 15, at Trustee? 8 office.
Authorized—$1,488
Outstanding—$1, 8. 000.
. Balance Retired.
Denomination—Coupon, $1,000.
' Trustee—New York Trust ‘Co. New York.
Secured by first lien on 15 consolidation type
locomotives, 1,000 steel underframe gondola
ears, 100 steel-underframe furniture and auto-
mobile cars, 200 steel uxnderframe ‘flat cars, 4
switching locomotives and.1 shay locomotive,
costing $1,758,993, of which $270, 993 was paid
in cash by the’ Railway Company.
Original Market—Offered in Dees 1912, at 106
and interest by Blair & Co., New York ;
Market.
New York—Blair & Go., Gobeeatidll & Hicks.
KANSAS CITY STOCK YARD OF MO. Deben-
ture 5s. Due Feb. 1, 1920,—F.
Dated Feb. 1, 1910. Interest payable Pepe
and Aug. 1, ‘at Company’ 's office.
Authorized—$2, 000,000.
Outstanding—$1,334,000. :
Denomination—Coupon, $1,000.
Organization—Incorporated ‘in 1898 in Mis-
souri succeeding a company’ of the same name.
Owns 175 acres of land in Missouri and Kansas
used for stock yard purposes. .
Controlled through ownership ofa majority of
i stock by the Kansas City Stock Yards Co. of
aine.
° Security—A direct obligation of the company
but not secured by mortgage. The company has
agreed not to place any mortgage or lien upon any
of its ‘property without equally securing all bonds
of this issue thereunder.
Earnings—K. .C. Stock Yds. Co. of Maine is
paying dividends of 5% per annum on $7,954,400
preferred stock.
Original Market—Offered by Estabrook & Co.
Boston and New York, in Sept., 1913.
Marke’ t.
Kansas City—J. G. Strean Invest. Co.
KANSAS CITY TERMINAL RAILWAY CO.
1st 4s. Due Jan. 1, 1960.—F.
Dated January 3, 1910. Interest payable
Jan. and July 1, at Lee, Higginson & Co., New
York and Boston, and [llinois Trust & Savings
Bank, Chicago.
Authorized—$50,000,000.
Outstanding—$33,094,000.
SI as Collateral for Notes due 1916—
$6,667,000.’ +
e Denomination—-Coupon, $1, 000. -Registerable
as to principal. Registered, $1,000, $5,000 and
$10,000. C. & R. interchangeable.” =-OR:
Trustees—lIllinois Trust & Savings Bank,
ees and Samuel W. Moore, Kansas City,
Redeemable as a whole on Jan. 1, 1930, or
on any interest date thereafter at 105 and interest.
Guaranteed as to principal and interest by the
below companies. In case of default by one
or more of the proprietary companies, the de-
ficiency must be made up ratably by the other
companies.
Organization—Incorporated in 1906 in Mis-
souri and acquired the properties of the
Kansas City Belt Ry. and Union Depot of
Kansas City in 1910. Is constructing and ex-
tending a union passenger station and freight
and passenger terminals in and about Kansas
City in the interests of the following 12 railroad
companies, each of which owns 1/12 of the $1,200,-
000 capital stock, fully paid in cash at pee
Atch., 2 pees & Santa: Fe Ry. Gon the Chic. &
‘Alton R Co., the Chic., Burlington & Quincy
R. R. Co., the Chic., Milwaukee & St. Paul Ry.
Co., the Chic., Rock Island & Pacific Ry. Co,
the Missouri, Kansas & Texas Ry. Co., the
Missouri Pacific Ry. Co., the St. Louis & San
Francisco R. ee Co., the Union Pacific R. R. Co.,
the Wabash R. R. Co., the Chic. Great Western
R. R. Co. ae the Kansas City Southern Ry. Co.
Secured by mortgage upon the entire property
of the company including a union passenger
station located between Wyandotte and Main
Streets and 21st and 24th Sts. and covering 61
acres, about 188 miles of main and industrial
railroad tracks, four local freight stations,
406
switching yards, roundhouses,’ ete.
extends for a term of 200 years. .
Prior Liens—$2, 500,000 Kansas City Belt. Ry.
1st 6s: for the: retirement of which a. like amount
of these bonds has been peeved i
Legal for Minn. and N.
Listed on the New York MShock Exchang ao :
Original Market—$12,500,000 offered in: 1910,
by J. P. Morgan & Co., Lee, Higginson &
New York and the Illinois ;Trust & Savings
Bank, Chicago, at 97 $4:and interest, ‘and $10,000,-
000 in Jan., 1918; by the same firms at 95 and
interest. $3,000, 600 Yadditional offered in April,:
1914,- by the same firms at 9314 and interest...
Market.
New A erasing Trask & Co., L. M. Prince
& Co., F. J. Lisman & Co., Lee Higginson :& Co.,
Bull & Eldredge, Korn, Lehman & Co., Newborg
& Co., E. & C. Randolph, Eyer & Co., Blodget
& Co., ” Giivert Eliott & Co., Byrne & McDonnell,
Season; mgood & Hass,-Struthers & Hiscoe, Miller &
Co., MeGeorge & Vanderhoef.
Chicago—lIllinois Trust & Savings Bank, Hul-
burd, Warren'& Chandler. .- ie
Kansas_City—Strandberg,. ‘MeGreevy & Co.,
Houston, Fible & Co.;Orthwein-Matchette & Co.
Milwaukee—First ‘Sav. Bk. & Tr. Co.
KANSAS CITY VIADUCT AND TERMINAL
RAILWAY Ist 44s. ‘Due Sept. 1, 1934.
Dated July 1, 1905.. Interest payable (In
default) Jan. and July 1, at Guaranty Trust
Co. Coupons have been funded into cumulative
income bonds. : - .
Authorized—$3, 500,000. gy thee
Outstanding—33, 302,01 00. oh
Denomination—Coupon, $1,000.
_ Trustee-—-Guaranty Trust Co., ‘New York and
Fidelity Trust Co., Kansas City, Mo.
Sinking Fund—6 % of gross.earnings: from July
1, 1910 to purchase bonds on BBUistaeLOry terms,
or invest money. : ae £
Organization—Incorporated in “1905 in
Missouri. Placed in hand of receiver in 1914.
Secured by a first mortgage on an elevated
railway and highway, steel and concrete viaduct
from Bluff and 6th streets, Kansas City, Mo. to
Minnesota Ave. and-4th St., Kansas City, Kan.
1.6 miles long with branch viaduct to. inter-
lying railroad and manufacturing districts. .
Protective Committee—In’ Jan., 1911, aver
75% of the 1st 4s and income bonds had been
deposited with a committee, chairman, Richard
C. Storey of Boston, and depositary Guaranty
Trust Co., New York, under an agreement until
Jan. 1, 1916, unless sooner terminated by the
committee or two-thirds in amount of Certificates.
Market.
New York—Wolff & Stanley, F. H. Hatch &
Gos Robinson & Co., J. S. Bache &: ees Chas.
H. Jones & Co., Berdell Bros., Wm. A, C. Ewen,
Samuel Goldschmidt, A. 8. H. Jones, Gilbert
Eliott & Co.
Boston—L. Sherman Adams.
Chicago—M. S. Leonard & Co.
Kansas City—Orthwein-Matchette & Co.
KANSAS CITY-WESTERN RAILWAY CO.
Ist Ref. 5s. Due Sept. 1, 1925.—F.
Dated Sept. 1, 1905. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$5,000,000. .
Outstanding—$1,650,000.
Denomination—Coupon, $1,000. Registerable
as to principal::: Registered $1,000, $5,000 and
$10,000. C. & R. interchangeable. ©
Trustee--Guaranty Trust Co.,,.New York.
Redeemable as a whole at 105 and interest on
any interest date on eight weeks’ notice.
Organization—Incorporated in 1901 in Kansas
as a consolidation of the Leavenworth Electric
R.R., Kensington Ry., Leavenworth and Lansing
ae and AEOHEAES City & Leavenworth Traction
io.
Franchise
407
Secured by a first mortgage, subject to $42,000
prior lien, on 44 miles of Electric railway of which
18 miles are within the city of Ft. Leavenworth,
Kan., and 26-miles extending to Kansas: City,
Kan... It has trackage.ri oa into -Kansas City,
Kan., and Kansas City, Franchises extend
beyond the life of these bend, Be
Prior Lien—$42,000. 7. 5s.of 1919.
Net Earnings, 6/30/14
= Anterest ieitecs dutta Sine « 82,000
Original “Market-—Oftered “1905 “by Fisk &
Robinson, New York.
arket. a
Baltimore—Howard R. Taylor & Co., J. 8.
Wilson, Jr., Co.
New York—Arthur S. H. Jones, F. H. Hatch
& Co., Robinson & Co., Chas. H. Jones & Co.
$84,798
Kansas City—Orthwein-Matchette & Co.,
H. P. Wright Invest. Co.
KANSAS GAS & ELECTRIC CO. ist 5s. Due
March 1, 1922.—F.
Dated March 1, 1910. Interest payable
March 1.and Sept. 1,-at Trustees’ office.
Authorized—$6,000,000.
Outstanding—$3,320,000.
_Denomination—Coupon, $1,000.
as to principal.
‘Trustee—Cuaranty Trust Co., New York.
Redeemable as a whole, or in part for the
Sinking Fund at 105 and interest up to Dec.
81, 1917; 104 and interest in 1918; 103 and
interest in 1919; 102 and interest in 1920 and
101:and interest in 1921 on 4 weeks’ notice.
Sinking Fund and Improvement Fund—
1% of outstanding bonds annually March 1,
1913-1915; 2% from. 1916-1918; 3% from 1919—
1920. This fund is to be expended for better-
ments, improvements, ete., and any balance may
be applied to the redemption of these bonds.
Organization—Incorporated in 1909 in West
Virginia and has acquired the properties of a
United Gas Co., Edison Light & Power Co.,
& Electrical Appliance Co. of Wichita, kan
Independence Electric Co., Electric Light &
Power Co., of Newton, Kan.,, Cherokee Light
& Power Co. and Cherryvale. Electric Light &
Power Co. It owns all the stocks, bonds and
notes of the Home Light, Heat & Power Co. of
Pittsburg and Frontenac, Kan. ” and leases the
property.
Control--Entire stock owned by the American
Power & Light Co., which is controlled by the
Electric Bond & Share Co., a subsidiary of the
General Electric Co.
Secured by first mortgage upon plants supply-
ing electricity and natural gas to Wichita and
Pittsburg, Kan,, and, electricity to Frontenac,
Independence, Sedgwick, Valley Center, New-
ton, Halstead, Cherokee and Cherryvale, Kan.
Natural gas for Wichita is’ supplied by the
Wichita Natural Gas Co. and in Pittsburg by the
Kansas Natural Gas Co.
steam electric generating plants at Wichita,
Pittsburgh, Independence, Newton and Cherry-
vale. Population served 103,000.. Electric fran-
chises in Wichita and- ‘Pittsburgh extend to 1937,
gas.to 1925, electric in. Frontenac and Cherryvale,
to 1925, Independence to 1926 and remaining in
1927, 1931 and 1932.; » e
Net Earnings, 12/31/14......... $432,515
EM LORESE's cane ious resnie sho, tie icp sonnersite accu 182,425
Original Market—Offered May, 1911 at 97
and interest by Wm. A. Read & Co., Boston,
New York and Chicago, and Whicher, Young &
Conant, Boston and H. P. WHESe Invest. Co.,
Kansas City.. x '
Market.
New York—Wm. A. Read & Co. Wm
Bonbright & Co., Rauscher & Childress, Bardati
Bros., Kirkpatrick & Lewis.
Portland —Fidelity Trust Co.
St. Paul—Stevens, Chapman & Co.
Registerable
The company owns
Kansas City—H. P. Wright Invest. Co., J. G.
Strean Invest. Co.
Chicago—Peoples’ Trust & Savings Bank,
Alfred L. Baker & Co., Northern Trust Co.,
Merchants Loan & Trust Co., Wm. A. Read &
0.
Boston—Paine, Webber & Co.
Newark—Fidelity Trust Co.
KANSAS NATURAL GAS CO. Ist 6s. Due
May 1, 1916.—F. -
Dated June 2, 1904. Interest payable May
and Nov. 1, at Fidelity Title & Trust Co.,
Pittsburgh, Pa. (Nov. 1, 1912, interest in default.)
Authorized—$4,000,000.
Outstanding—$1,800,000.
Retired by Sinking Fund—$2,200,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Title & Trust Co., Pitts-
burgh, Pa.
_ Redeemable on any interest date at 102}4 and
interest.
Sinking Fund—$400,000 per annum.
Organization—Incorporated in Delaware aud
Kansas in 1904 and acquired the properties of
the New York Oil & Gas Co., Independence Gas
Co. and the Barnsdall & O’Neill property in the
Kansas gas fields, and leases or controls‘a number
of other properties in that State. The company
is in the hands of receivers, but a plan of reor-
ganization has about been completed. The plan
provides for a reduction of the bonds to the
amount paid upon them.
, Secured by a first lien on leasehold interest
in about 140,000 acres of land in south-eastern
Kansas, on which company has.about 480 gas
wells drilled. The company owns pipe lines
reaching Kansas City, Topeka, Atchison and
other important cities in eastern Kansas, and
Kansas City, St. Joseph, Joplin and other towns
in Western Missouri. Is a wholesale distributor,
selling gas to local companies which serve a
population of about 750,000. Owing to the de-
mands of various communities for cheaper gas,
the company has been placed in the hands of
receivers, to prevent its being forced to sell
gas at an unremunerative price.
Underlies—$2,000,000 2nd 6s.
Net Earnings, 12/31/14........ $1,064,442
Rentals secs ces vacitanmnde awa 974,596
Tnterestics es:cnceta- ieeamnaed gad 264,330
Original Market—Offered by the company
with 100% bonus of common stock, Sept., 1904.
Market.
Pittsburgh—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
KANSAS NATURAL GAS CO. 2nd 6s.
Jan. 1, 1918.—F.
Dated Jan. ‘1, 1906. Interest payable Jan.
and July 1, at Delaware Trust Co., Wilmington,
Del. Interest is in default.
Authorized—$4,000,000.
Outstanding—$2,000,000.
Retired—$2,000,000.
Denomination—Coupon, $1,000.
Trustee— Delaware Trust Co., Wilmington, Del.
Redeemable on any interest date at par and
interest.
Sinking Fund—$400,000 bonds are to be re-
deemed annually.
Secured by a second mortgage on property
described under 1st 6s, above.
Prior Liens—$1,800,000 1st 6s of 1916, see
above.
Original Market—Offered to _ stockholders
pro-rata at 75 and interest in April, 1906.
Market.
New York—H. P. Taylor & Co., F. H. Hatch &
0.
Kansas City—J. C. Strean Invest. Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
Due
KEENE (N. H.) GAS & ELECTRIC CO. Ist 5s.
Due Feb. 1, 1935.—F.
Dated Feb. 1, 1905. Interest payable Feb. 1
and Aug. 1, at National Shawmut Bank, Boston,
and Cheshire National Bank, Keene, N. H.
Authorized—$200,000.
Outstanding—$190,000.
Retired by Sinking Fund—$10,000.
Denomination—Coupon, $500 and $1,000.
Registered as to principal.
-Trustee—Geo. A. Litchfield, Keene, N. H.
Redeemable at 103 and interest on any in-
terest date. A
Sinking Fund—Beginning Aug., 1910, to re-
tire $2,000 bonds annually, to be purchased or
red d at not ding 103 and i 8
. Organization—Incorporated in i860 in New
Hampshire and in 1907 absorbed the Citizens
Electric Co.’ In 1914 the Ashuelot Gas & Elec-
tric Co. acquired the properties of the Peter-
boro Electric, Heat & Power Co. and the Dub-
lin Electric Co. These plants are leased to the
Keene Gas & El. Co., together with the other
plants of the A. G. & B. Co., which supply gas
and electricity in the vicinity of Keene. :
Secured by first mortgage on plants supplying
all the gas electric light and power to Keene, N.
H. Fopulatien served, 30,000. Franchise per-
petual.
Prior Lien—$140,000 Ashuelot G. & E. 5s.
Net Earnings (after Bond Interest),
6/30/14... s $36,543
Other: Interest... .03.00:0.099 See eta 021
Original Market. ffered 1909 at 100 and
interest by Baker, Ayling & Co., Boston and
Philadelphia. :
Market. -
go W. Mason & Co., Baker, Ayling
oO. ‘
Providence—Baker, Ayling & Co.
KEEWATIN FLOUR MILLS CO. Ist 6s.
Sept. 1, 1916.
Dated Sept. 1, 1906. Interest payable March
and Sept. 1, at Bank of Ottawa, Montreal.
Authorized and Outstanding—$750,000.
Denomination—Coupon, $500. .
Trustee—Royal Trust Co., Montreal.
Guaranteed unconditionally | principal and
interest by Lake of the Woods Milling Co.
Control—All of the stock is owned by the Lake
of the Woods Milling Co., which operates other
mills and also owns and operates 90 grain eleva-
tors in Northwestern Canada. :
Secured by a first mortgage on flour mills of
the company, located at Keewatin, Manitoba.
Net Earnings, Lake of Woods
Due
Milling Co., 8/31/14........... $507,939
Interest (including this issue)..... 99,00
Dividends... oie kaw se dns FRE 273,000
Listed on the Montreal and Toronto Stock
Exchanges. Market.
Toronto—A. E. Ames & Co.
Montreal—Royal Securities Corp., Ltd., Can-
ae Industrial Corp., Ltd., W. Graham Brown
0.
(J. R.) KEIM & CO., ‘‘Shaxamaxon Mills’ 1st
S. F. 6s. Due April 1, 1933.—F.
Tax free in Pennsylvania. ~ ¥
Dated April 1, 19138. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$275,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia.
Redeemable at 102}4 and interest on any
interest date. ;
Sinking Fund—Annual amounts beginning
April 1, 1915, sufficient to retire the entire issue
on or before maturity. This fund is to be
408
applied to the purchase or redemption of bonds
at not over 10214 and interest. 2
, Organization—The business was established
in 1868 and the Company is engaged in the
manufacture of woolen cloths and sells direct
to merchant tailors through its own jobbing
oe Its products are advertised as
haxamaxon Fabrics.”
Secured by a first mortgage on the plant of
the a located at 153 to 168 W. Allegheny
Ave., Philadelphia, and appraised at $399,534.
The company is insured against fire for over
$1,000,000. The company covenants to main-
tain its quick assets at 125% of the par value of
bonds outstanding.
Original Market—Offered in 1913 by Brown
Bros. & Co. and Henry & West, Philadelphia,
at 100 and interest.
KENNEBEC LIGHT & HEAT CO. Ist 4\%s.
Due Aug. 1, 1925.—F.
Dated June, 1905. Interest payable Feb. and
Aug. 1, at Union Safe Deposit & Trust Co.,
Portland, Me.
Outstanding—$269,500.
Held in Treasury—$104,500.
Retired by Sinking Fund—$26,000.
Trustee—Union Safe Deposit & Trust Co.,
Portland, Me.
Sinking Fund—2%
annum.
Assumed by Central Maine Power Co.
Control—Absorbed by Central Maine Power
Co., which does all of the electric light and gas
business in Augusta, Hallowell and Gardiner,
Me., and the electric light business in a large
number of other towns in Maine, and operates
an interurban railway 11 miles long. Population
served, 70,000.
Secured by a first mortgage on plant supplying
Kennebec, Me., with electricity.
Underlies—$3,076,000 Central Maine Power
Co. 1st 5s of 1939, which mortgage provides for
the retirement of this issue, and $600,000 6%
notes, due 1918.
Net Earnings, 12/31/14 $295,391
192,201
ENGCRESE, sis slod ozs aioe cae z
P . Mark
Portland, Me.—H. M. Payson & Co., E. L.
Wengren & Co
B Boston—Hayden, Stone & Co., Perry, Coffin &
urr. #
of gross earnings per
KENTUCKY & INDIANA TERM. R. R. Ist 44s.
Due January 1, 1961.—F.
Dated Jan. 3, 1911. Interest payable Jan.
and July 1, at Morgan, Grenfell & Co., London.
Authorized— £2,000,000.
Outstanding—$6,282,780.
Denomination—Coupon, £100. Registerable
as to principal and fully registerable.
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and interest jointly and
severally by endorsement by the Baltimore &
Ohio R. R. Co. Chicago, Indianapolis & Louis-
ville Ry. Co. and Southern Ry. Co.
Organization—Incorporated in Kentucky in
1900 as the Kentucky & Indiana Bridge & Rail-
road Co., succeeding the Kentucky & Indiana
Bridge Co. sold under foreclosure. Present title
assumed Jan. 1911. Is a consolidation of the
Louisville Belt Line, the New Albany & Portland
Ferry, the New Albany Electric Line and the
Kentucky & Indiana Bridge Co. Entire stock is
owned equally by the three roads guaranteeing
the bonds, which have leased the property for 99
years from June 1, 1910 which pay monthly ona
used basis any deficit from operations and have
agreed to use the company’s property for all
passenger and freight traffic within their control
cronee the Ohio River at Louisville, until Jan.
, 1961. ;
Controlled jointly by Baltimore & Ohio R. R.,
409
Chic., Ind. & Louisville Ry. and Southern Ry.
Companies. ‘
Secured by first mortgage upon entire prop-
erty of company, including a new double-track
bridge, 2,718 ft. in length, with approaches, across
the Ohio River connecting the Cities of Louisville,
Ky. and New Albany, Ind., 16 miles of main track
and 44 miles of sidings leading to connections with
the three above mentioned railroad companies.
Listed on London Stock Exchange.
Original Market—First offered in Jan. 1911 by
Morgan, Greenfell & Co., London.
KENTUCKY CENTRAL RAILWAY CO. Ist 4s.
Due July 1, 1987.—N.
See Map 65. :
Dated July 1, 1887. Interest payable Jan.
and July 1, at company’s office, 71 Broadway,
New York.
Authorized—$7,000,000.
Outstanding—$6,704,000 (Closed mortgage)
$38,000 additional bonds are owned by the Louis-
ville & Nashville R. R. Co. 5
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. ;
Trustee—Metropolitan Trust Co., New York.
6 Assumed by the Louisville & Nashville R. R.
0.
Organization and Control—Incorporated in
1887 in Kentucky as a reorganization of the
Kentucky Central Ry., and merged in 1891 into
the Louisville & Nashville R. R. Co. .
Secured by first mortgage on (2) 214 miles from
Covington to Richmond, Ky., from Fort Estill
to Sinks, Ky., from Paris to Lexington, and
Maysville, Ky., and on perpetual leasehold
interest in the Sherman Branch of the L. & N.,
operating 83 miles of road from Richmond to
Rowland, Ky. f
Underlies—$24,866,000 Louisville & Nashville,
Atl., Knoxville & Cin. Div. 4s due 1955, which
provide for the retirement of this issue.
Legal for Cal., Fla., Me., Minn., N. H., and
Listed on the New York and Cincinnati Stock
Exchanges.
Market.
New York—Herrick & Bennett, Miller & Co.,
Sutro Bros & Co., Coffin & Co., A. M. Kidder
& Co., Korn, Lehman & Co., Blodget & Co.,
Harris, Forbes & Co., A. E. Fitkin & Co., Bige-
low & Co., Didrichsen & Co., Knauth, Nachod &
Kuhne, Gude, Winmill & Co., Whittemore, Pell
& Co., Seasongood & Haas, Wood, Struthers &
Co., Peck, Rasmus & Truesdale, Callaway, Fish
& Co., MeGeorge & Vanderhoef.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
Baltimore—Jenkins, Whedbee & Poe.
KENTUCKY PUBLIC SERVICE CO.
Ref. 6s. Due Feb. 1, 1922.—F.
Tax exempt in Pennsylvania.
Dated February 1, 1912. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$733,000.
Retired by Sinking Fund—$10,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. F 3
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 10214 and interest on any
interest date upon 30 days’ notice. aa
Sinking Fund— 4% of bonds outstanding in
1914 and 1% of bonds annually in 1915 and 1916,
and 14% annually thereafter to be applied to
the purchase and redemption of these bonds at
not exceeding 10214. All bonds thus acquired
to be cancelled.
Organization—The company was incorporated
in Kentucky in 1912, and is a consolidation of
the Capital Gas & Electric Co., Frankfort, the
City Light Co., Hopkinsville, Bowling Green
Gas Light Co. and Owensboro Gas Light Co.
lst &
In 1912 acquired the Clarksville Gas Co., and the
Clarksville Electric Co.. to
Secured by first mortgage on gas and electric
plants in Hopkinsville, Ky., and Clarksville, '
Tenn., and gas plant in Owensboro, Ky., and by
mortgage, subject to prior liens on gas and
electric plants supplying Frankfort and Bowling
Green, Ky. Population served, 65,000.’ Fran-
chise extends beyond the term of these bonds. ~
Prior Liens—$50,000 bonds of merged com-
panies, to retire which a like amount of this issue
has been reserved.” :
Net Earnings, 12/31/14........... $96,163.
Interest on bonds................ 7
Original Market—Offered in May, 1912, by
Montgomery, Clothier & Tyler, Philadelphia, at
par and interest.
Market.
Chicago—Yard, Otis & Hulburd,
Warren & Chandler.
Philadelphia—Montgomery, Clothier & Tyler.
Louisville—Henning, Chambers & Ca.
KENTUCKY TRACTION & TERMINAL CO. 1st
_ & Ref. 5s. Due Feb. 1, 1951.—F.
Pennsylvania and New ‘Jersey State taxes re-
funded. S
Dated Feb. 1, 1911.
and Aug..1, at Trustee’s office.
Authorized—$7,500,000. ae
Outstanding—$2,247,000. Bo
Denomination—Coupon, $1,000. Registerable
as to principal. were
Trustee—Commercial Trust Co., Philadelphia,
Taylor,
‘Be
Redeemable as an entire issue or in part for the
Sinking Fund at 105 and interest on Feb. 1, 1914
or any interest date thereafter. : a
Sinking Fund—An annual amount equal to
one-half of one per cent. of bonds outstanding,
from 1921 to 1930, inclusive; and one per cent.
from 1931 to 1950, inclusive, to be applied to the
purchase or redemption of these bonds at not
exceeding 105 and interest. All bonds thus
acquired to be cancelled. be Beste ON
Guaranteed as to principal and interest by
endorsement, by: the Kentucky Securities Cor-
poration. i oe
Organization—Incorporated in 1911 in Ken-
tucky as a consolidation of: the Lexington Ry.
Co., Central Kentucky Traction Co. and Blue-
grass Traction Co. and owns and operates electric
street and interurban railways in and about
Lexington and Frankfort, Ky.
Control—Entire stock owned by Kentucky
Securities Corporation.
Secured by first lien on 48 miles of urban and
interurban railway lines, and on power plant,
sub-stations, etc., and by second lien on 15 miles
of street railway and 30 miles of interurban
electric railway lines; also by pledge of all the
stock of the Lexington Utilities Company, doing
an electric light and power, gas and ice business
in Lexington, Ky.
Franchises—In most cases are perpetual, the
exceptions being on seven miles of line in Frank-
fort, expiring 1923, and the lighting franchise of
the Lexington Utilities Co., which expires in 1916.
Prior Liens—$1,890,000 bonds of absorbed
companies.
Net Earnings, 6/30/14 die Dseraadeas $372,114
Interest and Sinking Fund....... 215,544
Listed on the Philadelphia Stock Exchange.
Original Market—Offered in May, 1911, by
Chandler & Co., Philadelphia, and White & Co.,
New York, at 94 and interest. :
Market.
Philadelphia—Chandler Bros. & Co., Mellor &
Petry, S. K. Phillips, Oscar R. Dare.:
New York—Lawrence Barnum & Co., W. E.
Hutton & Co., F. H. Hatch & Co., Berdell Bros.
KENTUCKY UTILITIES CO. Ist 6s.
15, 1919.—N.
Due Oct.
Interest payable Feb.’
Dated Oct.-15, 1914. Interest payable April
15 and Oct. 15, in Chicago. :
Authorized—$3,000,000.
Outstanding—$1,500,000. ee
Denomination—Coupon, $100, $500 and $1,000 '
Registerable as to principal only. | ae
Trustees—Illinois Trust & Savings Bank and-
William H. Henkle, Chicago. 5
Redeemable at any time at par and interest.
Improvement Fund—In addition to ordinary
charges for maintenance the company agrees to
appropriate not less than 5% per annum of gross’
earnings for extensions, betterments’ and im-
provements, and if less than that amount is so
expended, a sum equal to. the difference shall be
applied to retirement’ of these bonds. :
: Organization’ and Control—Incorporated in_
Kentucky in 1912. All of the stock is owned by
the Middle West Utilities Co.
Secured by a first mortgage on plants supply-
ing electricity in Shelbyville, Eminence, Law-
renceburg, Versailles, Mt. Sterling, Winchester,
Richmond, Somerset,.Middlesboro and _ other
towns (combined population 54,000); water,
in Shelbyville, Mt. Sterling and. Somerset
(comibined population 14,000); gas in Shelby-
ville (population _4;000), on street railway lines
in Somerset (population 5,000), and on ice plants
in Lawrenceburg, Mt. Sterling, Somerset, Win-
chester and Pineville . (combined population
22,000). Further secured on some 125 miles of
practically new transmission lines, All of the
plants of the company are located in Kentucky.
Franchises expire between 1919 and 1934, the
franchise expiring in 1919 being relatively. un--
important. e ,
_Underlies—$359,000 6% Debentures. :
_ Net Earnings, 12/31/14. suse $161,518
Tnterest)..03 3 seed cn sean aus one «118,585.
Russell, Brewster & Co.,. McCoy. & Co., Illinois
Trust & Savings Bank, Continental. & Commer:
cial Trust & Savings Bank and N. W. Halsey
& Co. of Chicago, and A. H. Bickmore & Co.,
New York, at 95.84 and interest (yielding 7%)...
Market. ee
New, York—Didrichsen & Co., Gude, Winmill
& Co., Russell, Brewster & Co., Howe, Norris &
oO. a
Chicago—McCoy & Co., Babcock, Rushton
& Co., Kennett, Cowan & Co., Peoples Trust &
Savings Bank, Russell, Brewster & Co, .
Cincinnati—Rudolph Kleybolte & Co.
St. Louis—Mercantile Trust Co.
KEOKEE CONSOLIDATED COKE CO. Ist &
Ref. S. F. 5s. Due July 1, 1959.—F.
Dated July 1,-1909. Interest payable Jan. and
July 1, at Bankers’ Trust Co., New York.
Authorized—$2,500,000. : 3
Outstanding—$1,016,009.
Retired through sinking fund—$84,000.
Denomination—Coupon, $1,000. Registerable
as to:principal. - 7
Sinking Fund—12centsper ton of coal mined
to July 1, 1919; 15 cents per ton to July, 1929, 17
cents to July, 1959..
Trustee—Bankers’ Trust Co., New York.
’ Guaranteed principal and interest by the
Virginia Coal & Iron Co. :
Organization—Incorporated in 1909 as a con-
solidation of the Imboden Coal & Coke Co. and
the Keokee Coal’& Coke Co. In May, 1910, the
company was merged into the Stonega Coke &
Coal Co., which operates the lands owned by the
Virginia Coal & Iron Co. ;
Secured by first mortgage on_850 acres of coal
lands owned in fee located in Virginia, 325 coke
ovens, 2 miles of railroad, mines; miners’ houses,
ete., and a second mortgage on 9,320 aeres
owned in fee and rights on 1,046 acres leased.
Combined properties have an annual capacity of
2,500,000 tons of coal and 1,000,000 tons of coke.
Prior Liens—$1,394,000 Purchase Money
410
Mortgage Bonds due 1959, to retire which a like
amount of this issue has been reserved. j
Original Market—Offered in 1909, by Geo.
A. Fernald & Co., Boston, at 8714 and interest,
and in 1911, at 92 14 and interest.
_. Market.
New York—Gude, Winmill & Co., F. H.
Hatch & Co.
Boston—Geo. A. Fernald & Co., L. Sherman
ams.
Philadelphia—O. B. Lansinger & Co.
KEOKUK & DES MOINES RAILWAY CO.
Ist 5s. Due Oct. 1, 1923.—N.
See Map 36.
,Dated September 20, 1878. Interest payable
Spill and Oct. 1, at First National Bank, New
ork. :
Authorized and Outstanding—$2,750,000.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
wee Loan & Trust Co., New
ork. ’
Guaranteed as to interest by the Chicago,
Rock Island & Pacific R. R. Co. which was
succeeded in 1880 by the Railway Co. . ..
Organization and Control—Incorporated in
Iowa in 1878 and leased its property to the old
Chicago, Rock Island & Pacific R. R., which was
succeeded by the present Railway Company,
which owns a majority of the capital stock of
this road. x, 5
Secured by a first mortgage on (4) 162 miles of
road from Keokuk to Des Moines, Ia., at the
rate of $18,200 per mile.
Legal for Me. and Mo.
Listed. on the New York Stock Exchange.
: : Market. .
New York—Coffin & Co., McGeorge & Van-
derhoef, Pouch & Co., Gilman & Clucas, Beyer
& Co., Korn, Lehman & Co.
KEOKUK ELECTRIC RAILWAY & POWER
CO. 1st 5s. Due July 1 to 1925,—N.
Dated July 1, 1900. Interest payable Jan.
and July 1, at Central Trust Co. of Illinois,
Chicago.
Authorized—$250,000.
Outstanding—$180,000. f
_ Retired—$70,000. - $125,000 mature in an-
nual installments up to July 1, 1924 and the
balance on July: 1, 1925.
Denomination—Coupon, $500. ‘
Trustee—Central Trust Co.of Illinois, Chicago.
Redeemable at 105 and interest on any in-
erest date. 5
Organization—Incorporated in 1900 as a con-
solidation of the street railway and electric light
interests of Keokuk, Ia. Was merged with
several other companies in 1911 into the Keokuk
Electric Co. controlling the electric railway and
power business of Keokuk, Iowa and Hamilton
and Warsaw, Ili., the electric lighting business
in Keokuk and Hamilton and the gas business
in Keokuk. bated
Controlled by Central Mississippi Valley
Electric Properties, through deposit of entire
ae under trust agreement dated Dec. 12,
Management—Stone & Webster.
Secured by a first mortgage on about eight
miles of street railway in Keokuk and Hamilton,
Ia., and also on plant supplying electricity in
those cities. Population served, 15,000. Fran-
chise expires 1936. :
Net Earnings, (K. El. Co.)
V2/381/14.. 0 eee $88,793
Interest and Sinking Fund........
Original Market—Offered in 1906 by Duke M.
Farson, Chicago, July, 1900 and by the American
(now Cont. & Com.) Trust & Sav. Bank, Chicago,
at par.
Market.
Boston—Stone & Webster.
All
KEOKUK GAS LIGHT & COKE-CO. Ist 5s.
Due Jan. 15, 1918.—F.
- Dated Jan. 15,-1898.- Interest payable Jan.
and July 15, at First National Bank, New York.
Authorized and Outstanding—$150,000.
Denomination—Coupon, $1,000.
Assumed by Keokuk Electric Co. vs
Organization and Control—Established "in
1855. Merged with several other companies in
1911 into the Keokuk Electric Co. (see Keokuk
Electric Ry. & Power 5s above). ae
Management—Stone & Webster.
Secured by a first mortgage on plant supplying
gas to Keokuk, Ia. Population served, 14,500.
Franchise expires 1928. __ - ;
Earnings—See K. E. Ry. & Pr. 5s above.
Market.
Chicago—Hulburd, Warren & Chandler, First
Trust & Savings Bank, Stanwood, Taylor & Co.
KEWANEE LIGHT & POWER CO. Ist 6s.
Due Jan. 1, 1924.—F,
Dated Jan. 1, 1904. Interest payable Jan.
and July 1, at Real Estate Trust Co., Phila-
delphia. say,
Authorized and Outstanding—$250,000.
Denomitiation—$500 and $1,000. . * ”
-Trustee—Chicago Title & Trust Co., Chicago.
Z Hedcemeble at-105 and interest on any interest
ate.
Organization—Incorporated in 1899 as a con-
solidation of the Kewanee Gas Light & Coke Co.
and the Kewanee Electrie Light & Motor Co.
Absorbed by the Consolidated Light & Power
Go., a subsidiary of the American Gas Co.
Secured by first mortgage on coal gas plant,
water gas plant, and steam operated electric
light platits: supplying Kewanee and Wethers-
field and Galva, Ill. Population served, 18,000.
Electric franchise expires in 1925 and gas fran-
chise in 1926.
Market.
Philadelphia—Bioren & Co.
KEWAUNEE, GREEN BAY & WESTERN
RAILROAD Ist 5s. -Due Junel, 1921.—F.
Dated June 1, 1891. Interest payable June
and Der. 1, at Winthrop & Co., 40 Wall St., New
ork. .
Authorized and Outstanding—$408,000.
‘Denomiiriation—Coupon, $1,000: -
oe ee Loan & Trust Co., New
ork. aa - es: a
Organization—Incorporated in 1890 in Wis-
consin and road opened for operation in 1891.
Controlled through ownership of a majority
of the capital stock by the Green Bay & Western
Railroad Co.
Secured by first mortgage on 37 miles of road
from Green Bay to Kewaunee, Wis., at the rate
of $11,000 per mile.
Net Earnings, 6/30/14 $106,288
20,400
Interest Charges ..+....
Market.
New York—F. J. Lisman & Co., Kirkpatrick
& Lewis.
KEY WEST ELECTRIC CO. Ist 5s.
1, 1956.—F. :
Dated Aug. 1, 1906. Interest payable Feb.
re Aug. 1, at State Street Trust Co., Boston,
ass. :
Authorized—$1,000,000.
Outstanding—$+497,009.
In Treasury—$83,000. .
Cancelled by Sinking Fund—$138,000,
Denomination—Coupon, $1,000.
Trustee—State Street Trust Co.,
Mass. — ; : eg,
»- Redeemable as a whole or for the sinking fund
at 106 and- interest.
Sinking Fund—1% of outstanding bonds began
Dec. 11,1912. - ~-- .
Organization—Incorporated in 1898 in New
Due Aug.
Boston,
Jersey and does the entire street railway and
electric light and power business in Key West,
Fla., and in addition has a franchise for the manu-
facture and sale of gas. f
Management—Stone & Webster.
Secured by first mortgage on 5.4 miles of street
railway in Key West, Fla., and plant supplying
electric light and power to that city. Population
served, 20,000. Franchises expire, 1997.
Net Earnings, 12/31/14..... ert $45,598
Interest and Sinking Fund........ 30,666
Market.
New York—Stone & Webster, Moore, Leonard
& Lewis.
Boston—Stone & Webster, E. J. Kitching &
Co.
Philadelphia—E. B. Smith & Co.
KEY VEST GAS CO. Ist 6s. Due Aug. 15,
Dated Aug. 15, 1911. Interest payable Feb.
and Aug. 15, at Franklin Trust Co., Phila-
delphia, Pa. :
Authorized—$1,000,000.
Outstanding—$600,000. ;
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Franklin Trust Co., Philadelphia, Pa.
Redeemable at 120 and interest on any interest
date upon 30 days’ notice.
Secured by a first mortgage on plant supplying
gas to Key West, Fla. Population served, 25,000.
Franchise expires in 1941, after which time city
has right to purchase plant.
Original Market—Offered by R. W. Jones &
Co., New York, at par and interest.
KEYSTONE COAL & COKE CO. Ist & Ref. S.
F. Serial 6s. Due $300,000 each March Ist,
to 1926, inclusive, and $330,000, from 1927
to 1931, inclusive.—F.
Tax exempt in Pennsylvania.
Dated March 1, 1911. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$6,000,000.
Outstanding—$4,250,000.
Retired—$1,050,000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Redeemable as a whole at 105 and interest on
60 days’ notice, or for sinking fund purposes at
102 and interest.
Sinking Fund—Ten cents per gross ton on all
coal mined and shipped, but annual minimum
amount must be sufficient to pay maturing bonds,
all excess to be applied to purchase or redemption
of bonds at not exceeding 102 and interest, except
that until 1915 the company shall be required
to make such excess payments on amount of coal
mined in excess of 3,500,000 tons.
Organization—Incorporated in 1902 in Penn-
sylvania as a consolidation of seven companies
which had been in operation from 15 to 30 years.
Secured by first mortgage on 10,743 acres of
coal lands in Westmoreland County, Pa., and
Marion County, W. Va., estimated to contain
115,143,000 tons, and to have a net recovery of
91,374,000 tons.
Earnings—Company has paid 9% dividends
on $2,500,000 stock since 1902.
Original Market—Offered in 1911 by E. B.
Smith & Co., Philadelphia and New York, at
prices to yield 5.85%.
Market.
Philadelphia—Geo. S. Fox & Sons, Samuel K.
Phillips, E. B. Smith & Co., Townsend Whelen
& Co., Elkins, Morris & Co., Cassatt & Co.,
Reed A. Morgan & Co., Henry & West, Brown
Bros. & Co., Ervin & Co., Oscar R. Dare, C. D.
Barney & Co., Mellor & Petry, Frazier & Co.,
Barclay, Moore & Co., Robt. Glendinning & Co.,
Graham & Co., Reed & Huntoon.
New York—Moore, Leonard & Lewis, H. P.
Taylor & Co., C. H. Hensel.
412
Pittsburgh—Moore, Leonard & Lewis, H. P
Taylor & Co.
Buffalo—H. P. Taylor & Co.
KEYSTONE TELEPHONE CO. OF PHILA-
DELPHIA Ist 5s. Due July 1, 1935.—F,
Tax exempt in Pennsylvania. -~
Dated July 1, 1905. Interest payable Jan. 1
and July 1, at Trustee’s office, =
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000 and
$10,000. C. & R. interchangeable. |
Authorized—$10,000,000. em
Outstanding—$6,025,000.
Trustee—Columbia Trust Co., New York.
Redeemable as a whole at 108 and interest on
any interest date. P
Organization—Incorporated .in Pennsylvania
in 1902 and operates under perpetual charters
from the State, the City of Philadelphia and 38
boroughs and townships in Delaware, Mont-
gomery and Buck Counties. In addition to its
local business in Philadelphia the company con-
nects with all points in central and eastern Penn-
sylvania, central New Jersey and portions of the
States of Maryland, West Virginia and Delaware.
Controlled through ownership of_ its entire
a by the Keystone Telephone Co. of New
ersey.
‘Secured by first mortgage upon entire prop-
erty and franchises of company, owning 24
exchanges and 330 miles of underground conduits
in Philadelphia, together with telephone service
systems in Camden, Gloucester, Woodbury and
Wideoce, N. J., and lines reaching Atlantic
‘ity.
In February, 1915, the company leased a por-
tion of the unused space in its conduits to the
Philadelphia Electric Co. for 21 years. The
rental to be paid is four cents per annum per
duct foot used by the Electric Co. The mini-
mum rental to be paid increases to $100,000 per
annum after seven years. At the expiration of
the lease the Electric Co. has the right to pur-
chase the space occupied or to renew the lease
for 15 years with a minimum rental of $125,000
per annum
Net Earnings, 12/31/14.......... $669,417
Interest sc 2c006 9 ee sus en ane aust avs as 311,900
Listed on New York and Philadelphia Stock
Exchanges.
Original Market—$4,000,000 offered in July,
1905, by Fisk & Robinson, New York. Offered
Nov. 19138, by Barclay, Moore & Co., at 91 and
interest.
Market.
New York—Robinson & Co., Fred. F. Hatch
& Co., Gilman & Clucas, Coffin & Co., Folsom
& Adams, Penington, Colket & Co., Gude, Win-
mill & Co., R. B. Hathaway & Co. -
Philadelphia—Newburger, Henderson & Loeb,
Chas. Fearon & Co., Harper & Turner, Chandler
& Co., Mellor & Petry, E. B. Smith & Co., Oscar
R. Dare, Borden & Knoblauch, Reed A. Morgan
& Co., Robert D. Ghriskey & Co., Barclay,
Moore & Co.
KINGS COUNTY ELECTRIC LIGHT &
POWER CO. Conv. Deb. 6s. Due March
1, 1922.—F.
Dated March 1, 1910. Interest payable March
and Sept. 1, at Franklin Trust Co., New York
and Brooklyn.
Authorized—$5,000,000.
Outstanding—$660,500.
Converted—$3,339,500.
Denomination—Coupon, $1,000 and
Registerable as to principal. 7
Convertible into stock of the company at par,
on and after March 1, 1913.
Organization—See 1st 5s, due 1937.
Security—A direct obligation of the company
put not secured by mortgage.
$100;
Prior Liens—$2,500,000 1st 5s due 1987 and
$5,176,000 Purchase Money 6s, due 1997.
Net Earnings, 12/31/14........ $3,191,900
Interest... 0.00... eee 844,186
Listed on the New York Stock Exchange.
arket.
New York—Paterson & Co., Hallowell &
Henry, L. A. Norton, Spencer Trask & Co., Wil-
liamson & Squire, Mabon & Co., Ladd & Wood,
J. K. Rice, Jr., & Co., Beyer & Co., Low, Dixon &
Co., H. N. Whitney & Sons, Seasongood & Haas,
Leonard Snider & Co.
KINGS COUNTY ELECTRIC LIGHT &
POWER CO. Conv. Deb. 6s. Due March
1, 1925.—F.
Dated March 1, 1918. Interest payable
March and Sept. 1, at office of Trustee.
Authorized—$5,000,000.
Outstanding—$2,500,000.
Denomination—Coupon, $1,000 and $100.
Registerable as to principal.
Trustee—Franklin Trust Co., Brooklyn.
Convertible at par into stock of the company
on and after March 1, 1916.
Organization—See ist 5s due 1937 below.
Security—A direct obligation of the company
but not secured by mortgage.
Earnings—See Cony. 6s due 1922 above.
Market.
New York—Paterson & Co., Ladd & Wood,
Low, Dixon & Co., H. N. Whitney & Sons, L. A.
Norton, J. K. Rice, Jr., & Co., Gilbert Eliott &
Co., Williamson & Squire, Beyer & Co., Season-
good & Haas, Gude, Winmill & Co.
KINGS COUNTY ELECTRIC LIGHT &
POWER CO. Ist 5s. Due Oct. 1, 1937.—N.
Dated October 1, 1897. Interest payable
April and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Organization—Incorporated in New York in
1890 and in 1898, through an issue of Purchase
Money 6% Bonds, acquired the entire $5,000,-
000 stock of the Edison Electric Illuminating
Co. of Brooklyn, controlling the production and
distribution of electric light and power by the
Edison System in that Borough. These two
companies control practically all the electric
light and power franchises in Brooklyn. In
1899 the property of the Kings County Electric
Light & Power Co. was leased to the Edison Co.
for 38 years, in order to unify operations, under
which lease the Edison Co. pays all expenses of
both companies, and interest charges and turns
over the surplus in the Kings County Company.
Secured by first mortgage upon entire property
of company, including a large central power sta-
tion at the foot of Gold Street, Brooklyn. Fran-
ehises are perpetual. Population served,
1,600,000.
Underlies—$5,176,000 Kings County Elec.
Light & Power Purchase Money 6s, due 1997,
$3,160,000 Conv. Deb. 6s, due 1922 and 1925.
Net Earnings, 12/31/14........ $3,191,900
Interests icc cilge dracacyahw aware 44,186 ~
Thississe ss. viii at cant enieees 344,026
Listed on the New York Stock Exchange.
Market.
New York—Paterson & Co., Freeman & Co.,
L. A. Norton, Mabon & Co., J. K. Rice, Jr., &
Co., John W. Christiansen, Gude, Winmill & Co.,
Clark, Dodge & Col, Low, Dixon & Co., H. G.
Einstein & Co., Rauscher & Childress, J. H.
Howell & Co., Seasongood & Haas, Jones &
Lanman.
KINGS COUNTY ELECTRIC LIGHT &
POWER CO. Purchase Money 6s. Due
Oct. 1, 1997.—F.
413
Dated October 1, 1898. Interest payable
April and Oct. 1, at Trustee’s office. ‘
Authorized—$5,176,000.
Outstanding—$5,176,000.
Denomination—Coupon, $1,000.
as to principal. |
Trustee—Central Trust Co., New York.
Organization—See Ist 5s due 1997... ~
Secured by pledge of the entire $5,000,000
capital stock of the Edison Electric Illuminating
Co., through which they are a lien on that com-
pany’s property, excluding its central power
station at the foot of 66th St. on New York Bay,
subject to $4,275,000 outstanding bonds. Further
secured by second mortgage on property of the
Kings County Electric Light & Power Co., sub-
ject to the $2,500,000 1st 5s, due 1937.
Prior Liens—$2,500,000 Kings County Elec.
Light & Power 1st 5s, due 1987. ..
Underlies—$3,160,000 Conv. Deb. 6s, due 1922
Registerable
and 1925.
Net Earnings, 12/31/14....... $3,191,900
TCO sac sinik win ede eee 2 ae ue 844,186
PIS IGS UC occa aia 6 eceyecnrane elk 35 Hee 654,586
Listed on the New York Stock Exchange.
Market.
New York—Paterson & Co., Herrick & Ben-
nett, Hallowell & Henry, Gilman & Clucas,
Blodget & Co., Low, Dixon & Co., Coggeshall &
Hicks, Williamson & Squire, H. N. Whitney &
Sons, L. A. Norton, J. K. Rice, Jr., & Co.,
Rauscher & Childress, Hartshorne & Battelle,
Seasongood & Haas, Jones & Lanman, A. a
Kidder & Co.
KINGS COUNTY ELEVATED RAILROAD CO.
1st 4s. Due Aug. 1, 1949.—N.
Dated July 25, 1899. Interest payable Feb.
and Aug..1, at Trustee’s office. _-
Authorized and Outstanding—$7,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
_ Organization—Incorporated in New York
in July, 1899, as successor to the Kings County
Elevated Ry. sold under foreclosure proceedings.
In 1900, was merged with the Brooklyn Union’
Elevated R. R., which company with the Sea
Beach Ry. and the Canarsie R. R. were con-
solidated in Dec., 1912 into the New York Con-
solidated Railroad.
Guaranteed puaapel and interest by endorse-
ment by the Brooklyn Heights R. R. Co., to
which the Brooklyn Union Elevated was leased
in 1901. This lease was subsequently terminated
but the guaranty remains in effect.
Controlled through ownership of nearly all
Preferred and Common Stock by the Brooklyn
Rapid Transit Co. : ,
Secured by first mortgage on 28.5 miles of
elevated railroad from Fulton Ferry to Grand
Avenue, Brooklyn and 20 miles of electric road
and private right of way from Fulton Street to
Brighton Beach. . :
Underlies—$16,000,000 Brooklyn Union Ele-
vated 1st 5s due 1950. “
Net Earnings, N. Y. Cons. R. R.
GC/BO/TE csicid soe riome see a eares $3,710,303
AMCONOBG S cecseis cuit eas acastriaceress spun sue 1,974,952
This 198 We sic ssi s savers anes 5 ote 1,174,952
Listed on the New York Stock Exchange.
Market. -
New York—Ladd & Wood, L. M. Prince & Co.,
Wolff & Stanley, Newborg & Co., F. H. Hatch
& Co., L. A. Norton, Herrick & Bennett, Mc-
George & Vanderhoef, H. N. Whitney & Sons,
Low, Dixon & Co., Seasongood & Haas, A. M.
Kidder & Co. ;
KINGS COUNTY GAS & ILLUMINATING
CO. Ist 4s. Due Oct. 1, 1940.
Dated Oct. 1, 1890. Interest payable Apr.
and Oct. 1, at Peoples’ Trust Co., Brooklyn,
Authorized and Outstanding—$750,000.
Denomination—Coupon, $1,000.
Trustee—Peoples’ Trust Co., Brooklyn, N. Y.
Organization— Merged in 1904 into the Kings
County Lighting Co.
Secured by first mortgage on plant supplying
gas in what. was formerly the 30th Ward of
Brooklyn. Population served, about 70,000.
Company owns water, gas plant at bath’ St.
Brooklyn, and 168 miles of mains.
Underlies—$2,428,000 Kings County Lighting
Co. ist & Ref. 5s which provide for the retire-
ment of this issue.
Net Earnings, 12/31/13.......... $267,854
Interest ang rentals stele. aahs va auadnetta 160,866
This issues: coe 5: 22 aes sd dae aen 39,466
Market.
New York—John W. Christiansen, G. W.
rae & Co., Tobey & Kirk, Paterson & Co., L.
A. Norton, Leonard F. Hepburn.
KINGS COUNTY LIGHTING CO. (BROOK-
LYN, N. Y.) 1st Ref. 5s. Due July 1, 1954.
Dated July 1, 1904. Tax exempt in New
York State, bonds numbered 1604 and upwards.
ite 2 payable Jan. and July 1, at Trustee’s
‘office.
Authorized—$5,000,000.
Outstanding—$2, 428, 000.
Denomination—Coupon, $1,000. Registerable
as to principal. °
-Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any
interest date on and after Jan. 1, 1940.
Organization—Incorporated in 1904 in New
York and absorbed the Kings Co. Gas & Illum-
inating Co. in that year.
Secured by mortgage upon entire property of
company, including gas works at First Avenue
“and 54th Streets and storage plants together with
the real estate owned in connection therewith,
and 168 miles of mains. The total system sup-
plies gas to 30th Ward of Brooklyn and part of
the 31st. Population served, 70,000. Franchises
perpetual.
Prior Liens—$750,000 Kings County Gas &
Illuminating Co, 1st 5s due 1940, to retire which
a like amount of this issue has been reserved.
Net Earnings, 12/31/13.........
Interest and Rentals............
Original Market—$1,000,000 offered in "May,
1909, by N. W. Harris & Co., New York, ete.,
at 161 and interest.
Market.
New York—Harris, puteee 7 Co., Bigelow &
Co., G. hae Walker & Co., A. Norton, Foster
& Adams, S. L. “ofest
Boston —N. W. Harris & Co., Inc.
Chicago—Harris Trust & Savings Bank.
Albany—Henry J. Prince.
KINGSTON (N. Y.) GAS & ELEC. CO. Ist 5s.
Due May 1, 1952.—F.
Dated May 1, 1902. Interest payable May
and Nov. 1, at office of Trustee.
Authorized and Outstanding—$700
Denomination—Coupon, $1,000.
as to principal.
Trustee—Metropolitan Trust Co., New York.
4 Pree at 107 and interest on any interest
ate.
Guaranteed principal and interest by the
American Gas Co.
Organization—Incorporated in 1902 in New
York as successor to Kingston Electric Co.,
which was a consolidation of the Kingston
Electric Light, Heat & Power Co. and the
Rondout & Kingston Gas Co.
Controlled through ownership of entire stock
by the American Gas Co,
Secured by. first mortgage on coal gas and
electric light plants supplying Kingston, N. Y.,
Hopisterable
414
‘western Ohio and eastern Nebraska.
and adjacent territory. Population served,
Net Earnings, 12/31/13.......... $67,936
Interest on bondsS...........+005. 35,000
Other interest..........-0esseeee 24,669
Market.
New York—P. W. Brooks & Co., F. H. Hatch
&,Co., Leonard Snider & Co., Kirkpatrick &
Lewis.
Boston—Burgess, Lang & Co., L. Sherman
Adams.
Poug hkeepsie—Atwater, Foote & Sherril.
Philadelphia— Oscar R. Dare, Bioren & Co.
ee LONG DISTANCE TELEPHONE
CO. OF MO. Ist 5s. Due Jan. 1, 1929.—F,
Dated one: 2, 1904. interest payable
Jan. and July 1, at Mississippi Valley Trust Co.,
St. Louis. —~
Authorized—$5,000,000.
Outstanding—$2,549,000.
Held in Treasury—$798, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Continental & Commercial Trust &
Savings Bank, Chicago, and G. W. Galbreath,
St. Louis.
Organization—Incorporated a8, Bisons Thi
nois, Indiana and Kansas in and ‘has
acquired all the property of ties seetloth nee
phone Co, and the Suburban Telephone Co, of
Registerable
‘St. Louis, Mo.
Secured by mortgage on entire perenne of
company, including six exchanges ~ in Louis
and East St. Louis and others in a number of
adjacent cities and towns, together with toll lines
reaching nearly all the principal cities and towns
in Kansas, Missouri, Illinois, Indiana, Kentucky,
Further
secured by pledge of entire stock of Kinloch
Telephone Co, Population served, 8 500,000,
Franchises expire from 1920 to 1925.
Prior Liens—$2,000,000 Kinloch Telephone Co.
1st 63 due 1928.
Net Earnings, 12/31/13 Scie 2 Search . $545,101*
WNLOL ES dice isisee ia saya satiate tive seaeeatene 247,789
*Compares with $764, 155 in 1912. Decrease
‘due to increase in charge for maintenance (de-
ducted before figure shown for net) from $227,967
in 1912 to $488,630 in 1913, the increase being
prescribed by the Interstate Commerce Com-
mission.
Listed on the St. Louis Stock Exchange. 4
Original Market—Offered in 1906, by. the
Mississippi Valley Trust Co., St. Louis, Ma,, at
964 and interest.
Market.
St. Louis—Francis, Bro. & Co., Altheimer &
Rawlings Inv. Co., W. E. Orthwein & Co.
New York—Gilbert Eliott & Co.
KINLOCH TELEPHONE CO.
Aug. 1, 1928.—F.
Dated Aug. 1, 1898. Interest payable Feb.
and Aug. 1, at Mississippi Valley Trust Co.,
St. Louis, Mo.
Authorized and usenet 000,000.
Denomination—Coupon, $1,0'
Trustee—Mississippi Valley “Trust Co., St.
Louis, Mo.
Organization and Control—Entire stock owned
by Kinloch Long Distance Telephone Co. (See
ist. 5s of that company)
Secured by first mortgage on entire property
of company, including one main and five branch
exchanges in St. Louis and East St. Louis.
Duleriies a 549,000 Kinloch Long Distance
‘Telephone 1st 5:
Net Earnings, 82/31/13. $545,101*
Interest 247,789
*See ‘“‘Karnings,” Long Distance 5s, above.
Listed on the St. Louis Stoek:Exchange.
Markev. .-
St. Louis—Francis, Bro. '& Go., Altheimer &
Ist 6s. Due
Rawlings Inv. Co., W. E. Orthwein & Co., A. G.
Edwards & Sons.
New York—John D. Curtis & Co.
KLOTS THROWING CO. Ist Ref. 6s. Due
March 1, 1939.—F. ae
Dated March 1, 1909. Interest payable March
and Sept. 1, at Columbia Trust Co., New York.
Authorized—$650,000. :
Outstanding—$630,800.
Retired—$19,200. ~~
Trustee—Columbia Trust Co., New York.
Redeemable for the sinking fund at 105 from
March 1, 1915. to 1919, thereafter at par by lot
on any. March 1.
Sinking Fund—Minimum of $12,000 per
annum from March 1, 1915.
Organization—Incorporated in 1895 in New
Jersey and owns the entire $450,000 capital stock
of the Villa-Stearns Co., which deals in raw silk.
Secured by a first mortgage on six of the
seven silk mills owned by the company at
‘Carbondale, Scranton, Archbald and_ Forest
City, Penna.; Fredericksburg, Va., and Cumber-
land and Lonaconing, Md. Plants are insured
for $1,000,000. e
Earnings—Reported as amounting to an
average of four times interest charges for the
last five years. . or
Original Market—Offered in 1912 by Brooks &
Co., Scranton, Pa., ai per and interest.
rk e
2 t.
Scranton—Brooks & Co., E. A. Burke & Co.
KNICKERBOCKER ICE CO. (CHICAGO,
- __ ILL.) Ist 30-Year 5s. Due July 1, 1941.
‘ Dated July 1, 1911. Interest payable Jan.
and July 1, at Central Trust Co., New York.
Authorized—$6,000,000.
Outstanding—$4,112,000. (Closed mortgage.)
Held Alive in Sinking Fund—$118,000.
. Held in Treasury—$200,000.
: Denomination—Coupon, $1,000. Registerable
‘as to principal.
‘Trustees—Central Trust Co., New York, and
Charles G. Dawes, Chicago. 2
. Redeemable at 105 and interest on any interest
date upon 60 days’ notice. , 5
’ Sinking Fund—Beginning July 1, 1912, $50,-
000: annually to be applied to purchase or re-
demption of these bonds at not exceeding 105
and interest, all bonds thus acquired to be held
alive in the Sinking Fund. It is figured that over
one-half of entire issue will be retired before
maturity. , shi
. Organization—Incorporated in Illinois and
has purchased about 40 Chicago ice companies,
In 1918 was consolidated with the City Fuel
Company into the Consumers Company.
Secured by first mortgage upon entire property
‘of company which owns and operates five arti-
ficial ice plants with a capacity of 175,000 tons
‘and natural ice plants in- Wisconsin, Illinois and
Indiana, having ‘a capacity of 175,000 tons.
Company has 31 distributing depots in Chicago
and furnishes ice to Elgin, Aurora, Rockford,
Joliet, Chicago Heights, Pullman and Evanston,
Ill., Kenosha and Madison, Wis. and Whiting,
Hammond and Valparaiso,.Ind. _.
Underlies—$1,400,000 Consumers Company
First & General Lien Serial Deb. 6s. -
Net Earnings, 12/31/14 (After De-
preciation. . 5.4566 .ieeveeee es 815,985
Interest...... 354,251 -
This Issue 207,275 .
Original Market—Offered in June, 1911, -by
Charles D. Barney & Co., New York and Phila-
.delphia, Lehman Bros., New York, and Gold-
man, Sachs & Co., New York, Chicago and Bos-
ton, at 934 and anes 5
arket.
New York—Plympton, Gardiner & Co., Chas.
D. Barney & Co., F. J. Lisman & Co., Bigelow &
Co., Beérdell Bros., Babcock, Rushton & ‘Co.,
“448
Redmond & Co.} Goldman, Sachs & Co., Lehman
“Bros., F. H. Hatch & Co., Wm. A. C, Ewen,
S. B. Chapin & Co., John J. Levenson, H. T.
Carey & Co., J. A. Clark & Co. _
Philadelphia—Mellor & Petry, Chas. D. Bar-
ney & Co., Benson & Packard, Oscar R. Dare,
-Reed & Huntoon.. ‘
Chicago—Ames, Emerich & Co., Alfred L.
Baker & Co., Eversz & Co., Yard, Otis & Taylor,
King, Farnum & Co., E. T. Konsberg & Co.,
. H. Colvin & Co., Hulburd, Warren &
Chandler, Wollenberger & Co.
-KNOX & LINCOLN RAILWAY CO. Series
“A”? 2nd 5s. Due Feb. 1, 1921.—N.
See Map 11.
- Dated Feb. 1, 1891. Interest payable Feb.
and Aug. 1, at First National Bank, Portland,
Me., Second National Bank, Boston, National
Park Bank, New York, or Treasurer’s office,
Portland, Me. .
.Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. (No Series
“B’’ were issued.) 2
oo Deposit & Trust Co., Boston,
. ass.
Assumed by Maine Central R. R. Co.
Organization—Succeeded in 1891 to the
Penobscot Shore Line R. R. and was merged in
1901 into the Maine Central Railroad which is
controlled through ownership of a majority. of its
stock by the Boston & Maine Railroad Co. .
Secured by a second mortgage on (5) 49 miles of
railroad and ferry from Bath to Rockland, Me.
- These sonds are outstanding at the rate of $8,300
per mile. ,
Prior Lien—$1,300,000 Penobscot Shore Line
4s of 1920. i
Underlies—Authorized issue of $25,000,000
Maine Central Consolidated Refunding Bonds
(none issued) which provide for the retirement
of this. issue.
Legal for Conn., Me., N. H. and R. I.
arket.
Boston—Burgess, Lang & Co.
KNOXVILLE & OHIO RAILROAD CO. Ist 6s.
Due July 1, 1925.—F.
See Map 120.
Dated July 1, 1885. Interest payable Jan.
‘and July 1, at J. P. Morgan & Co., New York,
- Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
' Assumed by Southern Railway Co. :
Organization and Control—Incorporated in
Tennessee and in 1903 was merged into the
Southern Railway Company.
Secured by a first mortgage on (6) 65 miles of
road from Knoxville to Jellico, Tenn., at the rate
of $30,800 per mile.
Underlies—$1,000,000 Knoxville & Ohio 1st
Cons. 4s due 1953 ($500,000 of which are pledged
under the Southern Ry. Consolidated Mortgage
‘and ‘$500,000 under the Dev. & General Mort-
gage) $60,643,000 Southern Railway ist Cons.
5s due 1994, which provide for the retirement of
this issue, $61,833,000 Development & General
4s due 1956 and $15,000,000 notes.
Listed on the New York Stock Exchange.
; Market. :
‘. New York—Coffin & Co., Wolff & Stanley,
Bigelow & Co., Wm. A. C. Ewen, McGeorge &
Vanderhoef, Seasongood & Haas, Paterson &
Co., Knauth, Nachod & Kuhne, Struthers &
Hiscoe, Gilman & Clucas, Hambleton & Co.
‘ Baltimore—Baker, Watts & Co. i
NO EMIELE GAS CO. ist 5s. Due Oct. 1,
9
33.—F. 2 i
Dated Oct. 1, 1908. Interest ee April
and Oct, 1, at A. B. Leach & Co., New York and
Chicago, and United States Mortgage & Trust
Co., New York.
Authorized—$600,000.
Outstanding—$454,000.
Retired—$10,000.
Denomination—Coupon, $1,000.
Trustee—United States Mortgage & Trust
Co., New York.
Redeemable at 103 and interest.
Sinking Fund—Oct. 1, 1913 to 1922 $5,000
annually, thereafter $10,000 annually to retire
bonds at 103 and interest. :
Organization—Incorporated in Tennessee in
1903 as successor to the Knoxville Gas Light Co.
Controlled through ownership of 86% of its
capital stock by the Consolidated Cities Light,
Power & Traction Co., which has deposited it
under its First Lien 5% mortgage.
Management—The Doherty Organization. |
Secured by first mortgage on plant supplying
manufactured gas for light and heat in Knoxville,
Tenn. Population served, 45,000. Franchise
expires, 1953.
Net Earnings, 5/31/12..... eeeeee $34,285
IN GreSt is si6ie sos os aa eae de 22,572
Original Market—Offered in 1903 by Farson,
Leach & Co., at 101 and interest.
Market.
New York—Farson, Son & Co., A. B. Leach
& Co., S. L. Snowden, H. L. Doherty & Co.,
Howe, Norris & Co.
Boston—A. B. Leach & Co.
KNOXVILLE RAILWAY & LIGHT CO. Cona.
5s. Due Sept. 1, 1945.—F.
Dated September 1, 1905. Interest payable
March and Sept. 1, at New York.
Authorized—$3,000,000.
Outstanding—$1,173,000.
Deposited Under the Knoxville Ry. & Light
Co. Ref. & Extn. 5s of 1946—$1,003,000.
Reserved to Retire Prior Liens—$824,000.
Held in Sinking Fund—$29,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at 107% and interest on any
interest date upon 60 days’ notice.
Sinking Fund—}4% annually of outstanding
bonds (including prior liens) to Sept. 1, 1915 and
1% thereafter to be applied to the purchase or
redemption of these bonds at not exceeding 1074
and interest. All bonds thus acquired to be held
alive in the Sinking Fund.
Organization—Incorporated in Tennessee in
1905 as a consolidation of Knoxville Traction Co.
and Knoxville Electric Light & Power Co.
Controlled through ownership of entire stock
by American Cities Co., a subsidiary of United
Gas & El. Corp.
Secured by mortgage upon entire street rail-
way system of Knoxville, Tenn., comprising 52
miles of track, and on plants doing the entire
municipal and commercial lighting business of
the city. Franchise on 144 miles of railway
expire in 1946; all others perpetual. Population
served, 80,000.
Prior Liens—$820,000 Knoxville Traction ist
5s due 1988, for the retirement of which a like
amount of this issue have been reserved.
Underlies—$2,014,000 Knoxville Ry. & Light
Ref. & Ext. 5s due 1946, which provide for the
retirement of this issue.
Net Earnings, 12/31/14......... $373,673
Interestienc casi n cena hand 204,008
This issue. . 2. hiss oe wae. eee 103,308
Listed on the New Orleans and Louisville
Stock Exchanges.
Market.
Boston—C. E. Denison & Co.
New Orleans—lIsidore Newman & Son, Claude
M. Smith & Co.
Louisville—Henning, Chambers & Co., United
States Trust Co., J. J. B. Hilliard & Sons, Law-
rence Timmons & Co.
New York—W. E. Hutton & Co., J. S. Bache
& Co., F. H. Hatch & Co., Rauscher & Childress,
Bertron, Griscom & Co., John D. Curtis & Co,
Chicago—Hulburd, Warren & Chandler.
Philadelphia—Oscar R. Dare, Elkins, Morris
Co., Bertron, Griscom & Co.
Baltimore—Jenkins, Whedbee & Poe.
KNOXVILLE RAILWAY & LIGHT CO. Ref. &
Ext. 5s. Due June 1, 1946.—F.
Dated June 1, 1911. ‘Interest payable June
and Dee. 1, at Trustee’s office and Isidore New-
man & Son., New Orleans.
Authorized—$10,000,000.
Outstanding—$2,014,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable as a whole at 105 and interest on
any interest date on 60 days’ notice.
Sinking Fund—Beginning Oct. 1, 1915, 4%
annually of outstanding bonds to be applied to
purchase of these bonds at a price to yield not
less than 414%, all bonds so acquired to be held
alive in the Sinking Fund.
eye eeatien and Control—See Cons. 5s due
Secured by mortgage upon entire property of
company, subject to Cons. 5s. Further secured
by pledge of $1,003,000 bonds of that issue.
Prior Liens—$820,000 Knoxville Traction Co.
1st 5s due 1938 and $1,173,000 Knoxville Ry. &
Light Cons. 5s due 1945, for the retirement of
which bonds of this issue have been reserved.
Net Earnings, 12/31/14.........
Anterest sce sige lrsgscieisistera ines ora ‘ee . 204,008
Listed on the New Orleans and Louisville
Stock Exchanges.
Original Market—Offered in Jan., 1912, by
Isidore Newman & Son, New Orleans, and
United States Trust Co., Louisville, Ky., at 924
and interest.
Market.
New Orleans—Isidore Newman & Son,
bernie Bank & Trust Co., Claude M. Smith &
‘0
St. Louis—Altheimer & Rawlings Inv. Co.
New York—W. E. Hutton & Co., J. S. Bache
& Co., John D. Curtis & Co.
Louisville—United States Trust Co., Henning,
Chambers & Co., J. J. B. Hilliard & Sons.
Baltimore—J. S. Wilson, Jr., & Co., Strothers,
Brogden & Co.
Philadelphia—Oscar R. Dare.
KNOXVILLE (TENN.) TRACTION CO. Ist 5s.
Due April 1, 1938.—F. |
Dated April 1, 1898. Interest payable April 1
and Oct. 1, at Trustee’s office.
Authorized—$850,000.
Outstanding—$820,000.
Cancelled—$30,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Baltimore Trust Co., Baltimore.
Assumed by Knoxville Ry. & Light Co. .
Organization—Incorporated in Tennessee in
1898 as a consolidation of all the street railways
in Knoxville, and in 1905 was merged into the
Knoxville Railway & Light Co., the entire capital
ees of which is owned by the American Cities
‘O.
_ Secured by first mortgage on 46 miles of track
in Knoxville, Tenn., and on electric light property
of company through supplemental mortgages
dated Dec. 1900 and Sept. 1905.
Underlies—$1,173,000 Knoxville Ry. & Light
Cons. 5s due 1945, which provide for the retire
mene gt gos issue and $2,014,000 Ref. & Ext. 6s
ue i
Registerable
416
Net papnines 12/81/14......... $373,673
Interest............... SEP sce baies a 008
This issue........... cece e eee 4,658
Listed on the New.- ety Stock i
Baltimore—J. S. Wilson, a, & Co., Stein Bros.,
Townsend Scott & Son, Sutton & Co., Strothers,
ae den & Co., Jenkins, Whedbee & Poe, Warren
orkran & Co.
Nor York—John D. Curtis & Co.
KOKOMO, MARION & WESTERN TRAC-
TION CO. ist 5s. Due July 1, 1933.—N.
Dated July 1, 1908. Interest pagable Jan.
= July 1, at Security Trust Co., Indianapolis,
nd.
Authorized—$1,000,000.
Outstanding—$650,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Security Trust Co., Indianapolis.
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
-Organization—Incorporated in 1903 under the
laws of Indiana and was merged in 1912 into the
Indiana Railways & Light Co., which does the
417
entire electric lighting, commercial power and
steam heating business of Kokomo, Ind., fur-
nishes electric current to several nearby towns
and operates an interurban railway system of 62
miles from Frankfort to Marion, Ind.
Secured by first mortgage on nine miles of
city street railway and power station in Kokomo,
electric lighting plants at Kokomo, Swayzee and
Greentown, and 28 miles ee interurban railway
between Kokomo and Mari
Underlies—$1,180,000 retail Railways &
Light, First & Ref. 5s due 1943 which provide for
the retirement of this issue.
Net Earnings, 12/31/14..,....... $231,109
Interest....,.-.eseeeeeee ae
This issue.............0.4- 275.40
Listed on the Indianapolis Stock Hechahce.
Original Market—Offered in 1903 by A. W.
Thomson and Newton Todd, Indianapolis, at 95
and interest with 30% bonus of common stock.
Market.
Indianapolis—Otto F. Haueisen & Co., J. F.
Wild & Co., Breed, Elliott & Harrison.
Cincinnati—Breed, Eliott & Harrison.
New York—Kirkpatrick & Lewis.
iu
LA BELLE IRON WORKS Ist 6s. Due Dec. 1,
Dated Dec. 1, 1903. Interest payable June
and Dec. 1, at Dollar Savings & Trust Co.,
Wheeling, W. Va., or Second National Bank,
Pittsburgh, Pa.
" Authorized—$2,500,000.
Outstanding—$1,675,000.
Retired by Sinking Fund—$697,000.
Held in Treasury—$128,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Dollar Savings & Trust Co., Wheel-
ing, W. Va.
Redeemable by lot at 105, or for the sinking
fund at par and interest.
Sinking Fund—Beginning Dec. 1, 1908,
$100,000 bonds are to be drawn annually by lot
at par. ;
Organization—Incorporated in West Virginia
in 1875, as a reorganization of a company estab-
lished in 1852.
Secured by a first mortgage on main plant
of the company at Steubenville, Ohio, con-
sisting of blast and open hearth furnaces, plate
mills, wrought iron steel pipe foundry, etc.,-
and also on nail factory and plate mills at Wheel-
ing, W. Va.; 175 acres of producing gas and oil
lands; ore mines in Minnesota, coke works in
Fayette County, Penna., and all other property
of the company.
Net Earnings, 12/31/14......... $588,811*
ANGOLOSD i iépsa)-ersuesensreriacn a oreacnencracays 105,668
*Compares with $1,926,447 in 1913.
Original Market—Offered by Dollar Savings
& Trust Co:, Wheeling, W. Va., at 9214 and
interest, Feb., 1904.
Market.
Pittsburgh—Moore, Leonard & Lewis, H. P.
Taylor & Co., Ballard & McConnell.
Wheeling, W. Va.—Geo. W. Baron.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
LA CROSSE GAS & ELECTRIC CO.
Ref. 54s. Due Dec. 1, 1931.—F.
Dated Dec. 1, 1911. Interest payable June
and Dec. 1, at Merchants’ Loan & Trust Co.,
Chicago.
Authorized—$3,000,000.
Outstanding—$1,222,00u.
Denomination—Coupon,
Trustee—Merchants’
Chicago.
Redeemable at 105 and interest.
Sinking Fund—$10,500 per annum.
Organization and Control—Incorporated in
Wisconsin, 1901 and controlled by American
Publi¢ Utilities Company through ownership of
a majority of stock. -
Secured by a first mortgage on plants supply-
ing gas and electricity to La Crosse, Wis. Popu-
lation served, 35,000. Gas franchise is perpetual
and exclusive.
Market.
New York—wWilliam Morris Imbrie & Co.,
Kirkpatrick & Lewis.
Chicago—Wollenberger & Co., Hulburd,
Warren & Chandler, A. E. Butler & Co.
Philadelphia—Geo. P. Bissell.
LA PORTE & MICHIGAN CITY TRACTION
CO. ist 5s. Due July 1, 1930.—F.
Dated July 1, 1905. Interest payable Jan.
and July_1, at First Trust & Savings Bank,
Chicago, Ill.
Authorized—$350,000.
Outstanding—$329,000.
Retired by Sinking Fund—$21,000.
Denomination—Coupon, $500.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable —Bonds are subject to call.
Sinking Fund—1% of bonds outstanding
Ist &
$1,000.
oan & Trust Co.,
annually from 1910 to 1914 and 2% ‘annually
thereafter.
Control—Absorbed by Chicago, South Bend &
Nor. Ind. Ry. Co.
Secured by a first mortgage on 15 miles of
electric railway from La Porte to Michigan
City, Ind. and on street railways in the latter
City. Population served, 31,000. Franchise in
Michigan City is perpetual.
Underlies—$2,319,000 Chi., S. B. and Nor. Ind.
5s.
Nef Earnings, 12/81/14......... $306,295
TCO OS bis cites eacwa ce oavievieciars se. 224,720
Mis ISBUC est cast pseceeia wnrmelorn eyo 108,770
Market.
Chicago—John Burnham & Co., Hulburd,
Warren & Chandler, Wollenberger & Co., M. T.
Leonard & Co., Stanwood, Taylor & Co.
New York—Dewing &Co. -
Philadelphia—S. K. Phillips.
LACKAWANNA & WYOMING VALLEY RAPID
TRANSIT CO. Coll. Tr. 5s. Due Aug. 1,
1951.—F. :
Dated Aug. 1, 1901. Interest payable Aug.
and Feb. 1, at Guaranty Trust Co., New York.
Outstanding—$888,000 (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—The assets of this company were
acquired under foreclosure sale in 1913 by the
Scranton & Wilkes-Barre Traction Corp., a
subsidiary of the Westinghouse Elec. & Mfg. Co.
The properties are directly owned and operated
by the Lackawanna & Wyoming Valley R. R. Co.
Secured by a first lien on 23 miles of double
tracked third-rail electric railway by deposit of
$1,850,000 capital stock and $5,000,000 Ist 53
of 1951 of the Lackawanna & Wyoming Valley
R. R. Co. The road is built on private right of
way and extends from Scranton to Wilkes-Barre,
Pa. Road is being constructed from Scranton to
Carbondale 17 miles. Property also includes
a tunnel in Scranton 5,000 feet long.
Underlies—$2,112,000 Scranton & Wilkes-
Barre Traction Corp. Ref. 5s of 1951 under
which mortgage bonds are reserved to retire
this issue.
Net Earnings, 6/30/14.......... $262,385
174,700
EMtOL est eserccsniserateedrsis siacaaee ie wea reat
Market.
New York—F. H. Hatch & Co., E. & C. Rane
dolph, Rauscher & Childress, Leonard Snider &
Co., Hendricksen & Co., Kirkpatrick & Lewis.
Philadelphia—Oscar R. Dare, S. K. Phillips,
Woelpper & Co.
Brooks & Co., E. A. Burke.
Scranton, Pa.
LACKAWANNA COAL & LAND CO. Cons. 5s.
Due April 15, 1958.
Dated April 15, 1908. Interest payable
April and Oct., at Trustee’s office.
Outstanding—$2,500,000.
Trustee—Colonial Trust Co., Philadelphia, Pa.
Redeemable at 105 and interest.
Control—Absorbed by Lackawanna Coal &
Lumber Co., which is controlled by interests
associated with the International Correspondence
Benoclt. Company is still in the development
stage.
Secured by a first mortgage on 22,500 acres
coal and timber land, about 40 miles by stream
from Charleston, W. Va., containing mineable
coal estimated at 300,000,000 tons.
Underlies—$8,604,600 Cons. 6s of Lack.
Coal & Lumber Co.
Market.
Boston—Hotchkin & Co.
Scranton, Pa.—Brooks & Co.
LACKAWANNA COAL & LUMBER CO. Cons.
6s. Due April 1, 1961.—F.
418
Dated April 1, 1911. Interest payable April
and Oct. 1, at Republic Trust Co., Philadelphia.
October 1, 1914, and subsequent interest in
default.
Authorized—$15,000,000.
_ Outstanding—$9,335,850.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
_ Trustee—Republic Trust Co., Philadelphia.
. Redeemable at any time after Jan. 1, 1916,
at 105 and interest.
Sinking Fund—Two cents per ton on all coal
mined and shipped, beginning Jan. 1, 1920, to
retire bonds at 105 and interest, unless purchas-
able for less,
Organization and Control—Incorporated in
West Virginia in 1910. Controlled by interests
identified with the International Correspondence
Schools.
Secured by a mortgage on 53,000 acres of coal
and timber lands in West Virginia, containing
mineable coal estimated at 800,000,000 tons.
Company has 12 collieries in operation, and is
expanding its operations.
Prior Liens—$5,000,000 bonds of absorbed
companies. ;
Original Market—Offered by the company at
par with 50% bonus of stock.
Market.
New York—Bigelow & Co., Hotchkin & Co.,
ie H. Hatch & Co., Blodget & Co., Didrichsen &
oO.
Scranton—Brooks & Co., E. A. Burke & Ca.
Boston—Hotchkin & Co., F. W. Mason & Co.,
F, W. Bassett & Co.
Chicago—M. T. Leonard & Co., Western Stock
& Bond Co.
St. Paul—R. H. Merriam & Co.
LACKAWANNA IRON & STEEL CO. Ist 5s.
Due Feb. 1, 1926.—F.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1896. Interest payable Feb. 1
and Aug. 1, at Trustee’s office.
Authorized—$1,800,000.
Outstanding—$1,775,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
ne Renee Loan & Trust Co., New
ork. “8
_, Controlled by the Lackawanna Steel Co. by
ownership of the 199,699 out of 200,000 shares
of capital stock.
Secured by a first mortgage on 4380 acres of
land located _at Lebanon, Pa., containing two
furnaces in North Lebanon, Islip, and 11 acres
of iron ore land in Lebanon County, Pa. Also a
first lien on 1554% of the capital stock of the
Cornwall Ore Banks Co. ;
Earnings—See Lack. Steel 6% Notes below.
Market.
New York—J. K. Rice, Jr., & Co., F. H.
Hatch & Co., A. E. Fitkin & Co., Didrichsen &
Co., Leonard Snider & Co., McGeorge & Vander-
hoef, Hendricksen & Co., Kirkpatrick & Lewis.
LACKAWANNA STEEL COMPANY Ist Conv.
20-Year 5s. Due April 1, 1923.—F. :
Dated April 1, 1903.
and Oct. 1, at Trustee’s office.
Authorized—$20,000,000.
Outstanding —$15,000,000 - (Closed_mortgage).
Denomination—Coupon, $1,000. Registerable
asto principal. _
ao Loan & Trust.Co., New
ork.
Convertible into common stock at par any
time not later than April 1, 1915.
Secured by a first mortgage on the plant.
located at Lackawanna, N.-Y., manufacturing
steel rails, structural steel, etc., with a capacity
of about 1,150,000 tons of Bessemer:and Open
Hearth Steel products; also. secured by a first
collateral lien on $23,692,100 par value of stocks
Interest payable April .
of total outstanding issues of $26,884,000 of 14
companies owning ore properties in Mich.,
Minn., Wis. and New York and coal lands and
rights in Pa., together with blast furnaces and
coke ovens located at or near Lebanon, Pa.
Underlies—$20,000,000 ist Cons. 5s of 1950,
and debentures of 1915. Bonds are reserved
under the 1st Consol. mortgage to retire this
issue.
Organization and Earnings—See Deb. 653
elow. f
Interest requirement for this issue—$750,0538.
Listed on the New York Stock Exchange. |
Original Market—Offered in 1908 by Speyer
& Co., and Kean, Van Courtlandt & Co., New
ork.
Market.
New York—Kean, Taylor & Co., Spencer
Trask & Co., H. Dunean Bulkley, Curtis &
Sanger, J. S. Bache & Co., Effingham Lawrence
& Co., Beverly Bogert & Co., Seasongood &
Haas, Speyer & Co.
Buffalo—John T. Steele.
LACKAWANNA STEEL COMPANY Ist Cons.
5s. Due March 1, 1950.—F.
Tax exempt in New York.
Dated March 1, 1910. Interest payable,
March and Sept. 1, at Trustee’s office, and at
London, Frankfort-on-Main and Amsterdam.
Authorized—$35,000,000.
Outstanding—$10,000,000 Series “A.”
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co. of New York.
Redeemable at 105 and interest, on and after
March 1, 1915, on 60 days’ notice.
Convertible—Series “A ”’ are convertible at par
into the common stock of the company, at any
time prior to March, 1922.
Sinking Fund—Upon maturity ofthe Ells-
worth Collieries 1st Sinking Fund 5s of 1927
the company covenants to pay a sum equal to
10 cents for each ton of coal mined from the
property of the Ellsworth Collieries Co. annually,
with a minimum payment of 00,000 per
annum for the redemption of these Cons. 68
at 105 and interest by lot.
Organization—See Deb. 5s below. ata
Secured by a first mortgage on the Pekin lime-
stone lands near Buffalo, N. Y., comprising about
1,096 acres; a second mortgage on the manufac-
turing plant and the property of the company
at Lackawanna, N. Y., subject to the first lien
of the 1st Mtge. 5s of 1923; a first collateral lien
on $999,500 out of $1,000,000 capital stock of
the Ellsworth Collieries Co., owning coal mines
and collieries in Washington County, Pa., upon
which there is outstanding about $4,747,000
bonds; $99,000 out of $100,000 capital stock of
the Lake Erie Co. (of N. J.), which controls,
through stock ownership, high-grade Bessemer
ore mines in the Lake Superior District, upon
which there are $400,000 bonds; $50,050 out of
$300,000 capital stock of the Vernon Mining Co.,
controlling, through lease, iron ore property in
Michigan free from debt: $250,000 out of $500,000.
capital stock of. the Negaunee Mine, which con-
trols iron oré mines in Marquette County, Mich.,
free from debt; and‘a second'lien on the securities
deposited under the’ 1st mortgage.
rior Liens—$15,000,000 1st Mtgé. 5s of 1928,
for retirement of which, bonds of this issue have
been resérved. = hs
Underlies—$10,000,000 Debentures due 1915.
" Earnings—See Deb. 5s below. gs ee Fs
“ Interest requirements for this issue——$1,249,753
* Listed on the New York Stock Exchange. _
Original Market—$10,000,000 offered in’Feb.,
1910;.to the shareholders ‘at, 85 and all unsub-
scribed bonds were underwritten by Speyer &
Co., New York. Sy Se Ee
ieee ee “. ©, Market, Be
“New York—H: Duncan Bulkléy; Coffin & Co.,
419
Seasongood & Haas, Spencer’ Trask & Co.,
Curtis & Sanger, Kean, Taylor & Co., Plymp-
ton, Gardiner & Co., Beverly Bogert & Co.
Bull & Eldredge, L. M. Prince & Co., Samuel
Goldschmidt, Hendricksen & Co.
LACKAWANNA STEEL COMPANY 6% Notes.
Due March 1, 1917.
Dated March 1, 1915. Interest payable,
March and Sept. 1, at Trustee’s office.
Authorized and Outstanding—$6, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ,
Trustee—New York Trust Co., New York.
Redeemable at 101 and interest at any time.
Organization—Incorporated in New York in
1902. The company owns extensive iron and
steel plants at Lackawanna, Y., adjoining
Buffalo on the southwest, and in and around
Lebanon, Pa.
Security—A direct obligation of the Company
but not a mortgage. The Company covenants
that, so long as these bonds are outstanding,
it will not mortgage any of its real estate or
pledge any stock, bonds or other obligation of
other corporations.
Prior Liens—$10,000,000 First Cons. 5s of
1950, and $15,000,000 First Convertible 5s of
1923.
Net Earnings, 12/31/14. $1,581,379*
Interest 1,749,700
Interest, Subsidiary Companies 815,950
*Compares with $6,605,761 in 1913 and an
annual average for nine years of $4,600,000.
Original Market—Offered in March, 1915, by
Blair & Co., Kean, Taylor & Co., and Robert
Winthrop & Co. at 98 and interest.
Market.
New York—H. Guncan Bulkley, Coffin & Co.,
Spencer Trask & Co., Curtis & Sanger, Kean,
Taylor & Co., Freeman & Co., Crawford, Patton
& Cannon, Struthers & Hiscoe, Farson, Son &
Co., McGeorge & Vanderhoef, Plympton, Gar-
diner & Co., Jackson & Curtis, BE. &C. Randolph,
Seasongood & Haas, Beverly Bogert & Co.,
Bull & Eldredge, Salomon Bros. & Hutzler, H. P.
Taylor & Co., Speyer & Co., Hornblower &
Weeks.
Boston—Adams & Co.
Philadelphia——Penington, Colket & Co., H. F.
Bachman & Co.
‘Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P Taylor & Co.
LACKAWANNA TELEPHONE CO. Ist 5s.
Due May 1, 1930.
Dated May 1, 1900. Interest payable May
and Nov. 1, at Anthracite Savings Bank, Wilkes-
Barre, Pa.
* Authorized and Outstanding—$400,000.
Trustee—Anthracite Savings Bank, Wilkes-
Barre.
Control—Company formerly controlled by
Consolidated Telephone Cos. of Pa., a subsidiary
of the American Union Telephone Co. Both
of these companies are in receivers’ hands, and a
reorganization is in progress.
‘Secured by a first mortgage on independent
telephone system in Scranton, Pa
Market.
Scranton—E. A. Burke & & Co., Brooks & Co.
(THE) LACLEDE GAS LIGHT CO. Ist 30-year
5s. Due May 1, 1919.—
Dated May 1, 1889. Interest payable Feb.,
May, Aug. and Nov. 1, at_ Bankers’ Trust Co.,
ee York, or St. Louis Union Trust Co., St.
ouis.
. Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
Trustee—Central Trust Co., New York. _
Organization—Incorporated in Missouri in
1
420
Secured by a -first mortgage on plants doing
the entire gas business in St. Louis, Mo., and in-
cluding a distribution system of more than 800
miles of street mains. Also secured on an elec-
tric light plant of 8,000 k.w. and distribution
system, embracing 200 miles of line. Popula-
tion served, 700,000. Franchise perpetual.
Underlies—$10, 000,000 Laclede Gas Light Co.
Ref. & Extn. 5s of 1934, a sufficient number of
which bonds have been reserved ee retire this
issue and $2,500,000 Deb. 5s of 1919
Net Earnings, 12/31/14 ssspateteamae $3, 384,097
Interests vince cice's ance a am aig 1,506, 649
Listed on the New York and St. Louis Stock
Exchanges.
Original Market—First offered by N. W.
Harris & Co., Chicago, New York and Boston.
Market.
New York—Harris, Forbes & Co., Bigelow &
Co., A. E. Fitkin & Co., Paterson & Co., Beyer
& Co., Low, Dixon & Co., Rauscher & Childress,
Newborg & Co. -, Gude, Winmil & Co., H. N.
Whitney & Sons, John D. Curtis & Co., Hen-
oe & Co., Tobey & Kirk, Seasongood &
aas
Bore naker Watts & Co., J. S. Wilson,
Jr., &
W. Harris & Co., L. Sherman
Adams, Curtis & Sanger, Wm. A. Read & Co.
‘Chicago—Harris Trust & Savings Bank, Ames,
Emerich & Co., N. W. Halsey & Co.; Stanwood,
Taylor & Co. A. L. Baker & Co., Curtis &
Sanger.
St. aes Bro. & Co., Simon, Brook-
mice & Clifford, A. G. Edwards &G Sons, Walter
E. Orthwein, John Nickerson, Jr., Mercantile
Trust Co., Wm. R. Compton Co., Bowman,
Cost & Co., Altheimer' & Rawlins Invest. Co.,
Whitaker & Co., G, H. Walker & Co.
' Omaha—City Trust Co.
Philadelphia—Graham & Co.
LACLEDE GAS LIGHT CO. Ref. and Ext. 5s.
Due April 1, 1934.—F.
Dated April 1, 1904. Interest payable April
and Oct. 1, at Bankers’ Trust Co., New York.
Authorized—$20, 000,000.
Outstanding—$10, 000, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Bankers’ Trust Co., New York, and
the Mississippi Valley Trust Co., St. Louis.
Secured by a second mortgage on property
described under 1st 5s above.
Prior Liens—$10,000,000 Laclede Gas Light
1st 5s, due May 1, 1919, for the retirement of
which bonds of this issue have been reserved.
Underlies—$2,500,000 Deb. 5s of 1919.
Earnings—See 1st 5s above.
Listed on the New York and St. Louis Stock
Exchanges.
Original Market—First offered in 1904 by
W. Harris & Co., New York, Boston and
Chicago, at 101 and interest, and $700,000 in
1911 at 10134 and interest by Harris, Forbes &
Co., New York, and N. W. Harris & Co., Bos-
ton, and Harris Trust & Savings Bank, Chicago.
Market.
Chicago—Harris Trust & Savings Bank, Yard,
Otis & Taylor, Ames, Emerich & Co., A. L.
Baker & Co.
Baltimore—Nelson, Cook & Co.
Milwaukee—First Savings Bank & Trust Co.
Cincinnati—C. C. Murray & Co.
New York—P. W. Brooks & Co., Harris,
Forbes & Co., Bigelow & Co., A. E. Fitkin &
Co., Low, Dixon & Co., Newborg & Co., L. A.
Norton, John D. Curtis & Co., H. N. Whitney
& Sons, Gude, Winmill & Co. ,
Boston—N. W. Harris & Co.
St. Louis—Mercantile Trust Co., Francis Bro.
. Co., A. G. Edwards & Sons, John Nickerson,
, Wm. R. Compton Co., Bowman, Cost & Co.,
Whitaber & Co., G. H. Walker & Co. d
Roglitarafile
Omaha—City Trust, Co.
LACLEDE GAS LIGHT CO. 5% Deb. Due
Feb. 1, 1919.
Dated Feb. 2, 1914. Interest payable Feb. 1
and August 1, at Trustee’s office or in New York.
Authorized—$5,000,000.
Outstanding—-$2,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—St.
Louis, Mo.
Redeemable as a whole on or before Feb. 1,
1916, at 102 and interest, and thereafter at 10114
and interest.
Organization, Property and Earnings—See 1st
5s. below.
Security—A direct obligation of the company,
but not secured by a mortgage. No additional
issue of debentures may be made and no addi-
tional mortgage can be placed on the property
unless this issue is retired. The company fur-
ther-covenanis that at no time during the life
of these debentures shall the current bulls pay-
able exceed $1,000,000. -
Original Market—Offered in March, 1914, by
N. W. Halsey & Co., New York, etc., at 99 and
interest.
Registerable
Louis Union Trust Co., St.
LACOMBE ELECTRIC CO. Ist 5s. Due May
1, 1921. is
. Dated May 1, 1901. Interest Fayebls May
and Nov. 1, at Trustee’s office and H. L. Doherty
& Co., New York. ;
Authorized—$1,000,000.
Outstanding—$900,000.
Denomination—Coupon,
as to principal.
Trustee—International Trust Co.,
$500. Registerable
Denver,
ol.
Redeemable at 104 and interest.
Sinking Fund—$15,000 per annum from 1904
to 1919.
Guaranteed as to principal and interest by
the Denver Gas & Electric Co. ;
Control—Entire capital stock owned by Den-
ver Gas & Elec. Co., which is controlled through
stock ownership by the Cities Service Co.
Secured by a mortgage on plant supplying
electricity to part of Denver, Col.
Net Earnings, D. G. & E. Co.,
BBS BUNS i coicie ce sea caeyesarere-t $1,423,218
Interest... ceric ne capers as 1,425,346
Market.
New York—Lamarche & Coady, Chas. H.
Jones & Co., John W. Christiansen, H. L. Doherty
Co., Leonard Snider & Co., R. B. Hathaway &
Oo.
Denver—Boettcher, Porter & Co.
LACONIA (N. H.) GAS & ELECTRIC CO.
1st 5s. Due March 1, 1940.—F.
Dated March1,1910. Interest payable March
oo Sept. 1, at American Trust Co., Boston,
ass.
Authorized—$750,000.
Outstanding—$350,000.
Denomination—Coupon, $500.
Trustee—American Trust Co., Boston.
_ Redeemable on any interest date at 105 and
interest.
Secured by a first mnarkgage on plants supply-
ing gas and electricity to Laconia, Lakeport and
eirs, N. H, Franchises are perpetual. Popu-
Jation served, 12,000, which increases consider-
ably in the summer, as the territory served by
the company is an important resort region.
Net Earnings after bond interest,
CBO PVA a co cocorins scorpions ciepiatsonrs cove 48,793
Market.
Boston—Baker, Ayling & Co.
New York—Kirkpatrick & Lewis.
LAFAYETTE & LOGANSPORT TRACTION
CO. Ist 5s. Due June 1, 1936.—F.
Dated June 1, 1906. Interest payable June.
and Dee. 1, at Guaranty Trust & Safe Deposit
Co., Philadelphia.
Authorized—$1,000,000.
Outstanding—$849,000.
Retired—$151,000.
Denomination—Coupon, $1,000.
as to principal. 7
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia, Pa.
_Assumed by the Ft. Wayne & Northern In-
diana Traction Co.
Control—Absorbed by Ft. Wayne & Nor.
Indiana Trac. Co.
Secured by a first lien on 36 miles of electric
railway between Lafayette and Logansport, Ind.
Underlies—$10,200,000 Ft. Wayne & Wabash
Valley 1st Cons. 5s of 1934, and Ft. Wayne &
Northern Indiana Traction Co. 1st and Ref. 5s
of 1951 and notes. Bonds are reserved under the
latter mortgage to retire this issue.
Registerable
Net Earnings, 12/31/13......... $704,963
Interest......0s sce ceseseenveee 529,360
PP AIS 188 WO soroc sys sc) race wimasenore edesausr ite 121,310
Listed on the Pittsburgh Stock Exchange.
Original Market—Offered by Chandler Bros.
& Co., New York and Philadelphia, at 9614 and
interest, 1906.
Market.
Philadelphia—Chandler Bros. & Co., Samuel K,
Phillips, Edward V. Kane & Co., Penington,
Colket & Co., Oscar R. Dare, Frazier & Co.
Chicago—Hulburd, Warren & Chandler.
New York—Kahler & Co., Wolff & Stanley,
Chandler Bros. & Co., Leonard Snider & Co.,
Foster & Adams, Dewing & Co., John D. Curtis
& Co., H. P. Taylor & Co., G20. H. Burr.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
LAFAYETTE STREET RY. Ist Ext. 514s. Due
June 1, 1923. : .
Dated June 1, 1898. Extended in 1913 with
interest reduced from 6%. Interest payable
June 1 and December 1, at office of Trustee.
Authorized and Outstanding—$225,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee—Real Estate Trust Co., Philadelphia.
Control—Absorbed by the Ft. Wayne & Nor.
Ind. Trac. Ca.
Secured by a first mortgage on 17 miles of
street railway in Lafayette, Ind. Population
served, 21,000.
Underlies and Earnings—Same as Lafayette &
Logansport Trac. 1st 5s above.
Market.
Philadelphia—Robt. D. Ghriskey & Co.
New York—P. W. Brooks & Co.
LAKE ERIE & NORTHERN RAILWAY Ist
5s. Due October 1, 1942.
Dated October 1, 1912. Interest payable
April and October 1, at Trustee’s office or Royal
peer of Canada, Toronto, Ont. and London,
ng.
Outstanding—$1,100,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Montreal Trust Co., Montreal, Can.
Redeemable as a whole or for the sinking fund
‘at 105 and interest, after 1916.
Organization—Incorporated by special act in
1911, and received a subsidy of $340,000 from
‘the Dominion government.
Secured by a first mortgage on 53 miles of
‘railway from Port Dover to Galt, Ontario.
Underlies—$500,000 2nd 5s.
orks Market—G. W. Farrell & Co., Mon-
treal.
LAKE ERIE & WESTERN RAILROAD CO.
2nd 5s. Due July 1, 1941.—F.
421
dee Wlap 424. ‘ :
Dated June 30, 1891. Interest payable Jan.
and July 1, at Chase National Bank, New York.
Authorized and Outstanding—$3,625,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Organization and Control—See, Ist 5s below.
Secured by a second mortgage on (3) 718 miles
of road, subject to a prior lien at the rate of
$10,000 per mile. (For details see 1st 5s below).
These bonds are outstanding at the rate of
$5,000 per mile.
wane Liens—$7,250,000 L. E. & W. 1st 5s of
Earnings—See 1st 5s below. :
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Coffin & Co.,
Newborg & Co.
Philadelphia—E. W. Clark & Co.
LAKE ERIE & WESTERN RAILROAD CO.
1st 5s. Due Jan. 1, 1937.—F.
See Map 42.
Dated February 21, 1887. Interest payable
pe and July 1, at Chase National Bank, New
ork.
Authorized—$10,000 per mile.
Outstanding—$7,250,000.
Denomination—Coupon, $1,000.
terable.
Trustee—Central Trust Co., New York.
Organization and Control—Incorporated in
1887 in Ohio, as successor to the L. E. & W.
Railway Co., sold at foreclosure. $5,930,000 of
the $11,840,000 6% non-cumulative preferred
stock and $5,940,000 of the $11,800,000 common
stock is owned by the Lake Shore & Michigan
Southern Ry. Co.
In addition to the mileage owned as shown
below the company leases and operates 162
miles of road from Akron to Delphos, Ohio.
Secured by a first mortgage on (8) 718 miles of
road from Sandusky, Ohio, to Peoria, IIl., In-
dianapolis, to Michigan City, Ind.; Fort Wayne
to Connersville, Ind.; Newcastle to Rushville,
and St. Mary’s to Minster, Ohio, and on
seven miles of road furnishing connection with
road over which the company has trackage
rights. These bonds are outstanding at the rate
of $10,000 per mile.
Underlies—$3,625,000 2nd 65s.
Fully regis-
Gross Earnings, 12/31/14... .. $5,602,771
Net Earnings................ 990,877
Bond Interest................ 548,750
Other Interest and Rentals... . 675,000
Legal for Me. and Mo.
Listed on the New York Stock Exchange.
arket.
New York—Wm. A. Read & Co., Korn,
Lehman & Co., Coffin & Co., Blodget & Co.,
Redmond & Co., Clark, Dodge & Ca., Didrichsen
& Co., Gilman & Clueas, Newborg & Co., Foster
& Adams, Denny, Pomeroy & Co., McGeorge &
Vanderhoef.
LAKE GAS CO. Ist 6s. Due July 1, 1915.—F.
Dated July 1, 1885. Interest payable Jan.
and July 1, at Illinois Trust & Savings Bank,
Chicago.
Authorized and Outstanding—$300,000.
Trustee—Illinois Trust & Savings Bank,
Chicago.
Assumed by Peoples’ Gas Light & Coke Co,.
icago.
Control—Absorbed by Peoples’ Gas Light &
Coke Co.
Secured by a first mortgage on plant supplying
gas to a part of Chicago, Ill.
Underlies —$26,850,000 Peoples’ G. L. & C.
5s and 6s.
422
INeU Harmings, &. Ui. Le. & U. UG,
12/31/13. - $6,789,505
Interest.... . 2,390,600
PIS ASS UC, es sdsm se enstasren sce esos andes 1,298,300
Listed on the Chicago Stock Exchange.
LAKE OF THE WOODS MILLING CO. Ist
6s. Due June 1, 1923.—N. aaa
Dated June 1, 1903. Interest payable June
and Dec. 1, at Merchants’ Bank of Canada,
Montreal.
Authorized—$1,000,000.
Outstanding—$900,000.
Retired—$100,000.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Montreai Trust Co., Montreal, Can,
Secured by a first mortgage on property of
company in Montreal, and also mills located at
Portage La Prairie, Man.; and on 90 grain eleva-
tors located throughout western Canada.
Registerable
Net Earnings, 8/31/14.......... $507,939
Interest. cccccecsacaseaasesee 99,000
DIVIGONB » 50. 5:.5, sits wears FRM HE 273,000
Listed on the Montreal and’ Toronto Stock
Exchanges.
Market.
Toronto—A. E. Ames & Co.
LAKE ROLAND ELEVATED RAILWAY Ist
5s. Due Sept. 1, 1942.—F.
Dated September 1, 1892. Interest payable
March and September 1, at Alexander Brown
& Sons, Baltimore, Md. "
Authorized and Outstanding—$1,000,000.
Denomination—Coupon and Registered, $1,000.
Trustee—Baltimore Trust Co., Baltimore, Md.
Underlies—$46,000,000 1st Consol. Income
and Income Funding Bonds. Bonds are re-
served under the 1st Consol. mortgage to retire
this issue.
Net Earnings, U. Rys. & El. Co.
Balto. 12/31/13............. 1907,006
Interest (not including incomes) 2,050,305
Market.
Baltimore—Jenkins, Whedbee & Poe, Poe &
Davies, Baker, Watts & Co., Hambleton & Co.
LARS SBOE & MICHIGAN SOUTHERN
ILWAY €O. 25-Year Deb. 43. Due
Sept. 1, 1928.—F.
See Map 838.
Tax exempt in Pennsylvania.
Dated November 18, 1903. Interest payable
March and Sept. 1, at Grand Central Station,
New York.
Authorized and Outstanding—$50,000,000.
Denomination—Coupon, $1,000, $5,000. Reg-
isterable as to principal only, or fully registerable.
Registered, $1,000, $5,000, $10,000, $20,000,
$50,000, $100,000 or multiples of $5,000. C.&R.
interchangeable.
Trustee—Guaranty Trust Co., New York.
Organization—Control and ~ Earnings. See
1st 3)4s below.
Assumed by the New York Central R. R. Co,
Secured equally with $50,000,000 4s, due 1931,
by a second mortgage on the (1) 890 miles of
road described under the 1st 314s below. These
bonds, and those secured equally herewith are
outstanding at the rate of $112,400 per mile.
Underlies—$307,000,000 Consolidation 4s and
Ref’g & Impvt. 444s and Debentures of the New
York Central R. R. :
Listed on the New York Stock Exchange.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J, N. Y., RB. Ly
Vt. and Wis.
Original Market—$40,000,000 offered in 1904
at 99 and interest and $10,000,000 in 1905 by
J. P. Morgan & Co., the National City Bank and
the First National Bank, New York, Drexel &
Cay Philadelphia, and Kidder, Peabody & Co.,
oston.
Market..
St. Louis—Mercantile Trust Co.
New York—L. M. Prince & Co., F, J. Lisman
& Co., Foster & Adams, Freeman & Co., Harris,
Forbes & Co., Robinson & Co., Wood, Struthers
& Co., Harvey Fisk & Co., Montgomery, Clothier
& Tyler, Morgan & Bartlett, Salomon Bros.
Hutzler, Seasongood & Haas, Gude, Winmill &
Co.
Boston—N. W. Harris & Co.
Philadelphia—Henr. & West,- Penington,
Colket & Co., E. B. Smith & Co., E. W. Clark
& Co., Barclay, Moore & Co., C. D. Barney &
Co., Graham & Co., W. H. Newbold’s Son & Co.,
Montgomery, Clothier & Tyler.
Chicago—Harris Trust & Sav. Bank.
Omaha—City Trust Co.
Pittsburgh—Colonial Trust Co.
LAKE SHORE & MICHIGAN SOUTHERN
RAILWAY CO. 25-Year Deb. 4s. Due
May 1, 1931.—F.
See Map 83.
Tax exempt in Pennsylvania.
Dated May 1, 1906. Interest payable May
and Nov. 1, at Grand Central Station, New York.
Authorized and Outstanding—$50,000,000.
Denomination—Coupon, $1,000 and $5,000.
Registerable as to principal only, or fully regis-
terable. Registered, $1,000, $5,000, $10,000,
$20,000, $50,000, $100,000 or multiples of $5,000.
C. & R. interchangeable. -
Trustee—Guaranty Trust Co., New York.
Organization, Control and Earnings—See 1st
3)4s below.
Security—See 4s of 1928 above.
Legality—See 43 of 1928 above.
Listed on the New York Stock Exchange. -
Original Market—$35,000,000 offered in Feb.,
1906, and an additional $15,000,000 offered in
1910 at 9314 and interest by J. P. Morgan & Co.,
First National Bank, National City Bank, New
York, and Drexel & Co., Philadelphia.
Market.
Philadelphia—C. C. Harrison, Jr., & Co.,
. D. Barney & Co., Penington, Colket & Co.,
. W. Clark & Co., Brown Bros. & Co., Cassatt
Co., Newburger, Henderson & Loeb, E. B.
Smith & Co., Reed A. Morgan & Co., Drexel
& Co., Graham & Co., Henry & West, Barclay,
Moore & Co., Montgomery, Clothier & Tyler,
W. H. Newbold’s Son & Co.
Chicago—Harris Trust & Savings Bank.
New York—Effingham Lawrence & Co.,
Robinson & Co., L. M. Prince & Co., J. S.Bache
& Co., Crawford, Patton & Cannon, Harris,
Forbes & Co., Coffin & Co., Struthers & Hiscoe,
Hartshorne & Picabia, Guaranty Trust Co.,
Newborg & Co., Folsom & Adams, Redmond &
Co., Ambrose R. Clark, Struthers & Hiscoe,
Wood, Struthers & Co., Montgomery, Clothier
& Tyler, Morgan & Bartlett, Salomon Bros. &
Hutzler.
St. Louis—Mercantile Trust Co.
Boston—Adams & Co., N. W. Harris & Co.,
Sollers, Phillips & Co.
Omaha—City Trust Co.
LAKE SHORE & MICHIGAN SOUTHERN
RAILWAY CO. Ist 3s. Due June 1,
1997.—F.
See Map 83.
Tax exempt in Pennsylvania.
Dated June 1, 1897. Interest payable June
and Dec. 1, at Grand Central Station, New York.
Authorized and Outstanding—$50,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000, $5,000, $10,000 and_ $50,000.
Trustees—United States Trust Co., New York,
and John T. Dye. ,
Organization apd Control—Incorporated in
1869 in New York, Pennsylvania, Ohio, Indiana,
Michigan and Illinois as a consolidation of
PEO
several earlier companies. Consolidated with
other roads into the New York Central R. R. in
1914. Formerly owned 890 miles of road
between Buffalo and Chicago, with numerous
branches. In addition to ue mileage owned
the company operates 218 miles of road owned
by companies, the entire stock of which it owned;
555 miles under lease and 190 miles under track-
age agreements, a total of 1,853 miles, of which
625 miles are double tracked, 360 have a third
third track and 254 a fourth track. The L.S. &
S. Ry. Co. was the principal holding com-
pany of the New York Central System.’ It
owned the following stocks of companies, which
it did not operate: $30,207,700 of the $47,056,300
common stock of the Cleveland, Cincinnati,
Chicago & St. Louis Ry. Co., $5,930,000 of the
$11,840,000 preferred stock and $5,940,000 of
the $11,840,000 common stock of the Lake Erie
& Western R. R. Co.; $5,000,000 (entire issue)
preferred stock and $12,000,000 common stock of
the Chicago, Indiana & Southern R. R. Co.;
$735,000 of the $2,450,000 stock of the Indiana
Harbor Belt R. R. Co.; $2,503,000 of the $5,000,-
000 1st preferred stock, $6,275,000 of the
$11,000,000 2nd preferred stock and $6,240,000 of
the $14,000,000 common stock of the New York,
Chicago & St. Louis R. R. Co.; $14,994,250 of the
$29,988,000 capital stock of the Pittsburgh &
Lake Erie R. R. Co.; $3,708,000 preferred stock
and $6,500,000 common stock (entire issues)
of the Toledo & Ohio Central Ry. Co. hia
represented control of practically the entire New
York Central System west of Buffalo, except
the Michigan Central R. R. Co.
Assumed by the New York Central R. R.
Secured by a first mortgage on (1) entire
890 miles of road owned, including from Buffalo,
via Cleveland and Sandusky to Toledo and
Alexis, Ohio; Monroe, Mich., to Chicago; Ohio-
Michigan State Line near Toledo to Elkhart,
Ind.; Grosvenor to Jackson, Mich.; Elyria, via
Fremont to Millbury, Ohio; Ashtabula, Ohio, to
Penna.-Ohio State Line, near Andover, Ohio.
Detroit to Ohio-Michigan State Line, and
branches. This line is the most important route
of the New York Central System between Buffalo
and Cleveland and Chicago. These bonds are
outstanding at the rate of $56,200 per mile. -
Underlies—About $120,000,000 of debenture
bonds and notes and $307,000,000 N. Y. C. & H.
H, R. Ref. & Imp. 4 %s and debentures.
Gross Earnings, 12/31/14.... $51,524,286
Net Earnings............... 13,824,935
Net Income................. 15,351,908*
Interest, ete....... cee ee eee 8,227,034
Dividends sic: cscawe v aarseecny oa 6,000,000
Sur US is eincesses sa gent aes sans, wasn apshelias $1,124,874
*Compares with $20,112,075 in 1913.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. 1, Vt.
and Wis.
Listed on the New, cork Stock Exchange.
arket.
Philadelphia—Henry & West, Mellor & Petry
E. W. Clark-& Co., Chas. C. Harrison, Jr., &
Co., Reed A. Morgan & Co., Newburger, Hender-
son & Loeb, Montgomery, Clothier & Tyler,
Penington, Colket & Co., Barclay, Moore & Co.
New York—Redmond & Co., Sutro Bros.
Co., Harvey Fisk & Sons, Bigelow & Co., Mc-
George & Vanderhoef, Harris, Forbes & Co.,
Newburger, Henderson & Loeb, L. M. Prince &
Co., Simon Borg & Co., Remick, Hodges & Co.,
Wood, Struthers & Co., Morgan & Bartlett,
Salomon Bros. & Hutzler, Dominick Bros. & Co.,
Struthers & Hiscoe.
Chicago—Follansbee & Co., Harris Trust &
Savings Bank.
Boston—R. L. Day & Co., N. W. Harris & Co.
LAKE SHORE ELECTRIC RAILWAY CO. 1st
Cons. 5s. Due Jan. 1, 1923.—F.
423
Dated Jan. 1, 1903. Interest payable Jan,
and July 1, at ‘Trustee’ 's office, or Chase National
Bank, New York.
Authorized—$4,000,000.
Outstanding—$1, 690,000.
Retired by Sinking Fund—$60,0
Denomination—Coupon, $1,000. MT eotiteralile
as to principal.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, Ohio,
4 Eee Fund—$10, 000 per annum from Jan.
1909, to 1914, inclusive, and $30,000 from
ee 1, 1920, to 1922, inclusive.
Organization—Incorporated in Ohio in 1901.
The company owns all of the stock of the Lorain
St. Ry., owning 25 miles of street and interurban
Railway in Lorain, and between Lorain and
Elyria, and of the Sandusky, Fremont & Southern
Ry., owning 20 miles of interurban railway from
Sandusky to Fremont.
Secured ‘by, a first mortgage on 68 miles of
interurban railway from Lorain to Sandusky;
Ceylon to Norwalk; Sandusky to Norwalk;
and Gibsonburg Jct. to Gibsonburg, and a
second mortgage on 90 miles of road from
Cleveland to Lorain and Norwalk to Toledo.
The entire road is in Ohio. Express trains are
operated between Cleveland and Toledo, 121
miles in four hours and twenty minutes. Through
cars are also operated between Cleveland and
Detroit and Cleveland and Lima, Ohio. About
one-half of the road is built on private-right-of-
way, and franchise on remainder have an average
life of about ten years from 1914. Population
served, Cleveland and Toledo, 775,000. Re-
maining territory, 125,000. The company sup-
Pee electricity to towns with a population of
0
Prior Liens—$2,250,000 bonds of absorbed
companies.
Underlies—$2,255,000 Gen. Mortgage 5s.
Bonds are reserved under that mortgage to
retire this issue.
Net Earnings, 12/31/14......... $441,677
IN bers bias src ss0 w-sserah ove 6. seated se 329,834
HIS FSSC ces a pests ca ichisens) eee sk 215,098
Listed on the Cleveland Stock Exchange.
Market.
Philadelphia—Chas. D. Barney & Co., Pening-
ton, Colket & Co., Geo. N. Fleming, Robt. D.
urekey & Co., 8. K. Phillips, Rufus Waples
oO.
. Cleveland—F. J. Weideman & Co., Hayden,
Miller & Co., Borton & Borton.
New York. a E. Hutton & Co., Chas. D.
Barney & Co., F. H. Hatch & Co., Dewing & Co.,
Ernest Smith, Kirkpatrick & Lewis.
CincinnatiRudolph Kleybolte & Co.
LAKE SHORE ELECTRIC RAILWAY CO. Gen.
5s. Due en 1933.—F.
Dated Feb. 1, 1 963. - Interest payable Feb.
and Aug. 1, at Trustee’s office or Chase National
Bank, New York.
‘Authorized—$7, 000,000.
Outstanding—$2,255,000.
Denomination—Coupon, $1,000. Registerable
as to principal. om
0.,
Trustee—Citizens’
Cleveland.
Organization and Earnings—See 1st 5s above.
-Secured by a mortgage junior in lien to that
of the 1st 5s on the property described under
that issue above.
Prior Liens—$3,945,000 1st 5s and bonds of
absorbed companies.
Listed on the Cleveland Stock Exchange.
Original Market—$1,750,000 offered in 1905
at 9714 and interest by Chas. D. Barney & Co.,
New York and Philadelphia, Guaranty Trust Co.,
New York, and Rudolph Kleybolte & Co., Cin-
cinnati.
Market.
New York—Chas. D. Barney & Co., W. E.
Savings & Trust
424
Hutton & Co., F. H. Hatch & Co., Dewing &
Co., Newborg & Co.
‘Philadelphia—C. D. Barney & Co., Geo. N.
Fleming, Oscar R. Dare, Reed & Huntoon,
Boston—Edgerly & Crocker.
en asens & Borton, Hayden, Miller
0.
LAKE STREET ELEVATED oe co}
Ist 5s. ae July 1, 1928.—F.
Dated July 1,'1898. Interest payable Jan.
and July 1, at Trustee’ 3° office.
- Issued—$5,8
ee 432, 000.
Cancelled—$860,0'
Dea oeeeas $1,000.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
4 Redeemable at 105 and interest on any interest
ate.
Guaranteed as to principal’ ‘and interest by the
Northwestern Elevated R. R. Co.
Organization and Control——A bsorbed by the
Chicago & Oak Park Elevated R. R. Co. That
company is now in hands of: receiver.
Secured by a first mortgage on double track
elevated railway from 5th Ave. and’ Lake St. to
52nd and Lake St., with spur down Market St’
to Madison St. Total single track, 24 miles,
Franchise expires in 1930.
' Net Earnings, 6/30/13.......... $233,641
Wntenestisccsscoera csnle seietecive, s Oa wena 399,956
Listed on the Chicago Stock. ‘Exchange.
Marke
Chicago—Alfred L. Baker & Co., Curtis &
Sanger.
LAKE SUPERIOR & ISHPEMING RAILWAY
1st Serial 6s. Due $70,000 each Feb. 1 to
1931.—F.
Dated Feb. 1, 1911. Interest payable Feb.
and Aug. 1, at Citizens’ Savings & Trust Co.,
Cleveland.
Authorized—$1,400,000.
Outstanding—$1,223,000.
Retired—$277,000.
Denomination—Coupon, $100, $500 and$1,000.
Registerable as to principal.
: ee Savings & Trust Co., Cleve-
and.
Redeemable on any interest date at 101 and
interest in reverse of numerical order.
Sinking Fand—Five cents per ton on all iron in
excess of 1,500,000 tons shipped over the lines
and docks during the preceding fiscal year.
Controlled by Cleveland-Cliffis Iron Co.
through stock ownership.
Secured by a first mortgage on 34 miles of
railroad from Presque Isle, a suburb of Marquette
to Jopling, Mich., and on extensive dock proper-
ties at Presque Isle.
Net Earnings, 6/30/14.......... $115,623*
Interest, onic e scarey an eee 75,195 °
*Compares with $51,871 in 1912-18. :
Original Market—Offered to stockholders of
Cleveland-Clifis Iron Co., at par June, 1911.
LAKE SUPERIOR CORPORATION Ine. 5s.
Due Oct. 1, 1924.—F.
Dated Oct. 1, 1904. ern payable Oct. 1,
if earned. 5% was paid in 1906, 244% in 1910
and 1911 and 5% in 1912 and 1913. Nonesince.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Real Estate Trust Co., Philadelphia.
Organization—Incorporated in New Jersey in
1904. Thecompany controls extensive iron foun-
dries, steel mills, and ore deposits in the vicinity
of Sault Ste. Marie, Ontario, and also 260 miles
of railroad in operation and 160 miles under
construction.
Secured by a second lien on the securities of
the following companies: Algoma Commercial
Co., Ltd., British American Express Co., Al-
goma Iron Works, International Transit Co.,
Trans. St. Mary’s Traction Co. and Tagona
Water & Light Co.
Net Earnings, 6/30/14 $448,054*
Interest, taxes, etc...... 424,644
*Compares with $805,662 in 1912-13.
Listed on the Philadelphia and London Stock
Exchanges.
_ Original Market—First offered to stockholders
in 1904 at time of reorganization.
Market.
New York—B. H. &F. W. Pelzer, Gilbert Eliott
oa. Tobey & Kirk, Didrichsen & Co., Ernest
mith. :
LAKE SUPERIOR CORPORATION Ist and
Coll. Tr. 5s. Due June 1, 1944.—F.
Dated June 1, 1904. Interest payable June
1 and Dec. 1, at Bank of Montreal, Montreal,
New York, etc.
Authorized—$10,000,000.
Outstanding—$5,708,000.
Retired—$4,292,000.
Denomination—Coupon, $1,000.
Trustee—United States Mortgage and Trust
Co., New York. -
Redeemable at 105 and interest on four weeks’
notice.
Organization, etc.—See Income 5s above.
Secured by a first lien on the securities of the
companies described in Inc. 5s. 1924 (See above).
Underlies—$3,000,000 Ine. 5s of 1924.
Refunding—The Algoma Steel Corp. lst and
ref. 5s of 1962 provide for the retirement of this
issue. The interest on this issue is being funded.
Original Market—$5,000,000 offered by the
Bank of Montreal, Montreal, New York, etc., in
1909 at 90 and interest.
Market.
New York—F. H. Hatch & Co., J. K. Rice, Jr.,
& Co., Bachman & Co., Tobey & Kirk, Beverly
Bogert & Co., Gilbert. Eliott & Co.’:
Philadelphia—Reed A. Morgan & Co., Henry
- b bree Borden & Knoblauch, Penington, Colket
Co.” a '
LAKE SUPERIOR PAPER CO., LTD. ist 6s.
Due March 1, 1941.—F.
Dated March1,1911. Interest payable March
1 and Sept. 1, at Royal Trust Co., Montreal, or
Bank of Montreal, New York.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, £100 and £500.
Trustee—Royal Trust Co., Montreal.
Redeemable for sinking fund after March 1,
1915, at 105 and interest on six months’ notice.
Sinking Fund—Annually on and after March
1, 1915, 2% of outstanding bonds for the pur-
chase or redemption’ of these bonds at not ex-
ceeding 105 and interest. :
Control—Controlled by the Spanish River
Pulp & Paper Co. through ownership of entire
stock. :
Mortgage Amendment—In December, 1914,
the mortgage bondholders approved of the fol-
lowing changes in the provisions of ’the mortgage:
Postponing the payment of the interest on these
bonds which fell due on the 1st day of September,
1914 and the interest on the said Bonds which
will fall due in the year 1915 and on the Ist day
of March, 1916 until the lst day of June, 1922
or until previously thereto the company shall
give six calendar months’ notice of its intention
to pay the same and further of postponing for a
period not exceeding five years the coming into
operation of the provisions contained in the
said Trust Deed relating to the formation of a
Sinking Fund for the redemption of the said
bonds. :
Secured by a first mortgage on large pulp mills
at Sault Ste. Marie, Ontario, with a capacity of
24,000 tons of pulp per annum, and 20,000 tons
of sulphite per annum, and mills with capacity
of 54,000 tons of newspaper. The company. has
425
exclusive rights for pulp wood on 1,665,000 acres
at 40 cents per cord for first 10 years and 50
cents per cord thereafter.
Net Earnings, Spanish River
P. & P. Co., 6/30/14.......... $408,289
IMt@resbiiiscs sie.c ccasia 8 hie be bis 376,710
Original Market—£719,000 offered March,
1911, by Chaplin, Milne, Grenfell & Co., London,
Eng., at 97.
LAKESIDE RAILWAY Ist 4s. Due Nov. 1,
1923.—N.
Tax exempt in Pennsylvania.
Dated November 1, 1893. Interest payable
March and November 1, at Trustee’s office.
Authorized and Outstanding—$150,000.
Trustee—Continental-Equitable Trust Co.,
Philadelphia.
Control—Absorbed by the Schuylkill Ry. Co.
Secured by a first mortgage on 5}4 miles of
interurban railway between Mahanoy City and
Shenandoah, Pa. Population served, 50,000.
“ Franchises perpetual.
Underlies—$640,000 Schuylkill Ry. Co. 1st
Consol. 5s.
Net Earnings, 6/30/12.......... $78,622
TENCOROS Giese sarcconauernivsaelnvanacersie cisespean 51,183
THIS 18S ia aisissise vie kcptetntere aa: eet ? 19,183
Market.
Philadelphia—Mellor & Petry, Elkins, Morris
& Co., Reed & Huntoon.
nN GAS CO. Ist 5s. Due May 1,
Dated “May 1, 1899. Interest payable May
qa Nove 1, at Lakewood Trust Co., Lakewood,
‘Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000.
Trustee—Lakewood Trust Co., Lakewood,
‘Secured by a first mortgage on plant supplying
gas to Lakewood, N. J. Population served,
summer, 5,000; winter, 10,000. Franchises
perpetual.
Market.
& new York—B. H. & F. W. Pelzer, F. H. Hatch
‘O.
LAMSON CONSOLIDATED STORE SERVICE
CO. 1st 5s. Due Feb. 1, 1922.—N.
Dated Feb. 1, 1902. Interest payable Feb.
and Aug. 1, at International Trust Co., Boston.
Authorized—$600,000.
Outstanding—$311,000.
Retired—$289,000.
Denomination—Coupon, $500 and $1,000.
Trustee—International Trust Co., Boston.
Redeemable at 102 and interest.
Controlled by American Pneumatic Service Co.
through stock ownership.
Net Earnings, 12/31/14 .. $153,494*
Tnterest 6:5. iis cece oes
*Compares with $300,885
Market.
Boston—Paine, Webber & Co., Geo. A. Fernald
& Co., Hayden, Stone & Co.
LANCASTER COUNTY RY. & LIGHT CO. Ist
Mtge. Coll. Tr. 58. Due July 1, 1951.—N.
Dated July 1, 1901. Interest payable Jan. 1
and July 1, at Trustee’s office. Tax free in New
Jersey and Pennsylvania.
Authorized—$1,000,000.
Outstanding—$1,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Lancaster Trust Co.,. Lancaster, Pa.
Organization and Control—Incorporated in
1901 in New Jersey as a holding company. All
the common stock of the companyis owned by
the United Gas & Electric Corp. of Conn.
Through subsidiaries controls all the gas and
electric business in the cities of Lancaster and
Columbia.and.practically all of Lancaster County,
Pa., and about 163 miles of street and interurban
railway track, leased and operated by the Cones-
toga Traction Co. Franchises are perpetual.
Secured by a lien on the property’ described
above by deport of $3,999,700 of the $4,000,000
capital stock of the Conestoga Traction Co;
entire $1,635,000. capital stock of the Edison
Electric Co; $650,000 capital stock (entire out-
standing) of the Lancaster Gas Light & Fuel Co.
and. $100,000 capital stock of the Conestoga
Realty Co. . 3
Prior Liens—$4,152,000 bonds of subsidiary
companies. t
Net Earnings, 12/31/14.......... $790,769
Interest) ete! sor ¢aaceuieor-a a sonics +. 427,274
. Market.
New York—Bertron, Griscom & Co.
LANCASTER (PA.) WATER FILTRATION CO.
~ 1st 6s. Due July 1, 1935.—F.
Dated July 1, 1905. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized—$250,000.
Outstanding—$210,000.
Retired by Sinking Fund—$40,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—West End Trust Co., Philadelphia.
Redeemable at par and interest on Jan. 1,
1916, 1921, 1926 and 19381.
, Sinking Fund—$3,500 semi-annually from Jan.,
1911 to July, 1915; and $4,000 to maturity for
redemption of bonds at not exceeding par’ and
interest. :
Secured by a first mortgage on all the property,
contracts and franchises of the company. The
company was incorporated in 1906. and ‘supplies
filtered water to the city of Lancaster, Pa:; under
an: exclusive franchise for 35 years, at “$45 “per
million gallons with a guaranteed minimum daily
consumption of 5,000,000 gallons.
Net Earnings, 4/30/13........ &
Interest and sinking fund....... :
Original Market—$250,000 offered in Aug.,
1905 at 10434 and interest,’by J. T. Bacon & Co.,
Philadelphia. ~
arket.
M:
Philadelphia—S. K. Phillips. a auee ©
Pane ms) LIGHT CO. ist 6s. Due April
_ 1, 1918.—N..
Dated April 1, 1898. . Interest payable April
and Oct. 1, at Central Trust Co. of Illinois,
Chicago.
Authorized and Outstanding—$100,000.
Denomination—Coupon, Sees f
Trustee—Central Trust Co. of Illinois, Chicago.
Organization and Management—Incorporated
in Michigan in 1906. Under the management
of the C. H. Geist Co. of Philadelphia. :
Control—Absorbed by Lansing Fuel & Gas Co.
Secured by a first mortgage on plant supply-
ing gas and steam heat to Lansing, Mich., and
vicinity. Population served, 35,000. Franchise
in city expires in 1933, in township in 1937. 3
Underlies—$1,147,000 5s and 6s. Bonds are
reserved under the Consol. mortgage of 1906 and
the 1st & Refg. mortgage to retire this issue.
Net Earnings, 6/30/11... .
Interest...........
51,280
New York—L. F. Hepburn.
LANSING GAS LIGHT CO. Cons. 6s.
May 1, 1918.—N.
Dated May 1, 1898. Interest payable May
and Nov. 1, at Central Trust Co. of Illinois,
Chicago. :
Authorized and Outstanding—$100,000.
Denomination—Coupon, $500...
Trustee—Central Trust Co. of Illinois; Chicago
Due
. Organization .and Other Details—See 1st és
above. .02 « a4 :
Secured by a second mortgage ‘on property
described under 1st 6s above.
Prior Liens—$100,000 6s. i
Underliés—$1,047,000 Consol. and 1st & Refg.
5s. Bonds are reserved under these. mortgages
to retire this issue. ee
D> ae Market. ~- 4
Chicago—Chas. S. Kidder & Co., Wollenberger
& Co., H. T. Holtz & Co.
LANSING FUEL & GAS CO. Cons. 5s. Due
April 1, 1921.—F. ;
Dated June 23, 1906. Interest payable April
and Oct. 1,’ at Central Trust Co. of Illinois,
Chicago. 6 te .
Authorized—$1,000,000.
Outstanding—$710,000. os
Denomination—Coupon, $500. Registerable
as to principal. ; oe 7
Trustee—Central Trust Co. of Illinois, Chicago,
2 Redeemable at 105 and interest on any interest
ate.
Organization, etc.—See 1st 6s.above.
Secured by a third mortgage on plant supply-
ing gas to Lansing, Mich. Seeilst 6s above.
Prior Liens.—$100,000 1st 6s of 1918, and
$100,000 Cons. 6s of 1918, for the retirement of
which bonds of this issue have been reserved.
Underlies—$337,000 1st & Refg. 5s. Bonds
are reserved under that mortgage to retire this
issue. “
Original Market—$100,000 offered,. 1907, at
95 and interest by C. H. Geist & Co., Philadel-
phia; offered in 1909 at the same price by Baker,
Ayling & Co., Boston :and Philadelphia :and
el Bachman & Co., New York and. Philadel-
phia. :
Market. “ :
. Philadelphia—Baker, Ayling & Co. H. F.
Bachman & Co., Samuel K. Phillips, Geo. N..
Fleming, Reed & Huntoon, Reed A. Morgan &
Co., Wistar & Stokes: we od
Chicago—Wollenberger & Co., N. W. Halsey
& Co., Hulburd,- Warren & Chandler, H. T.
Holtz & Co., Yard, Otis & Taylor... 3
New York—Coffin & Co., Kirkpatrick & Lewis.
Boston—F. W. Mason &-Co., Hi: Nason. &
Co., Baker, Ayling & Co. :
LARAMIE, HAHN’S PEAK & PACIFIC RAIL-
WAY Ist 6s. Due July 1, 1929.—N.
Dated July 1, 1904. Interest payable Jan.
and July 1, at American Trust Co., Boston.
(This issue is not in default.)
Authorized—$8,000 per mile of road.
Outstanding—$240,000:.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston. 3
Organization and Control—Incorporated in
Wyoming in 1901, placed in hands of receiver
in 1912, and reorganized in 1914 as the Colorado,
Wyoming & Eastern Ry. Co. : :
Secured by a first mortgage on_68 miles of
road from a connection with the Union Pacific
Ry. Co. at Laramie, Wyo., to the Colorado-
Wyoming state line. These bonds are out-
standing at the rate of $3,600 per mile.
‘ Mp aeeCe een ee Col., Wyo. & East. Ry.
onds.
Original Market—Offered by The Isaac Van
Horn Co. (now Van Horn, Davis & Co.), Boston
and Cleveland, at par and interest, Nov., 1904.
: Market.
New York—Lawrence Barnum & Co., A. E.
Fitkin & Co., Gilbert Eliott & Co.
Philadelphia—Chandler Bros. & Co.
aS SUGAR CO. Ist 6s. Due Oct.1
Dated Oct. 1, 1907. Interest payable April
and Oct. 1.
Authorized—$1,000,000.
426
Outstanding—3793,000.
Retired by Sinking Fund—$207, 000.
Denomination—Coupon, $1, 000.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—Sinking fund will retire entire
issue before maturity.:
Guaranteed interest and sinking fund by lease
to American Beet Sugar Co.
Organization and Control—Incorporated in
New. Jersey in 1897, - All of the stock -is owned
by a subsidiary of the American Beet Sugar Co.,
and the property is leased to that company for
25 years from Oct. 2, 1907, at a rental of $80,000
a year, which is to be applied to the payment of
interest and sinking fund of this issue.
Secured by a first mortgage on 5,550 acres of
valuable land near Las Animas, Col., and a fac-
tory with a daily capacity of 800 tons of beets.
Net Earuings, Am. B. S. Co. (after
interest, etc), aa /ae bd ea $644,105
Market.
New York—Spencer Trask & Co., J. H.
Becker & Co., Slattery & Co.
mATeO. Let S, Fe 6s Due da COAL & COKE
1st S. F. 6s. Due June 1, 1931.—P.
Tax exempt fa Pennsylvania...
‘Dated June 1, 1911: Interest payable June
and Dec. 1, at Trustee's office.
Authorized—$2, 000,000.
Outstanding—$1,700,000. :
Denomination—Coupon, $1,000.
as to principal.
_rrustee— Commercial Trust Co., Philadelphia,
Registerable
Beduemsbte as a whole at 105 and interest.
Sinking Fund—10 cents per ton of 2,240
pounds, on all coal mined and shipped, and
15 cents per ton on all coke manufactured and
shipped, with a minimum payment sufficient to
retire $85,000 bonds annually. Bonds to be
purchased in open market at not to exceed 102
and interest.
Organization—Incorporated in Pennsylvania
in 1905 and is controlled by interests affiliated
with the Keystone Coal & Coke Co.
Secured by a first mortgage on 2,245 acres
of coal lands in the Latrobe field (Connellsville
coal); 1,991 acres,in Lemmon field and 2,111 acres
surface land, mining plants and equipment.
Property is appraised at more than $2,600,000.
The Latrobe field is underlaid by the celebrated
Connellsville Basin coal, while the Lemmon
field contains Upper Freeport coal with sufficient
surface for development, _.
Earnings—6% per annum has been paid in
recent years on $2,000,000 stock.
Original Market—$1, 700, 000 offered in 1911
at 101 and interest by ‘William Salomon & Co.,
New York, and Montgomery, Clothier & Tyler,
Philadelphia.
Market
Philadelphia—Edw. Comber Stokes, Cassatt
Co., Montgomery, Clothier & Tyler, Barclay,
Moore & Co., S. K. Phillips, Frazier & Co., Reed
& Huntoon.
Pittsburgh—Moore, Leonard & Lewis.
LATROBE WATER CO. Gen. 6s. Due Sept. 1,
ca aanint in Pennsylvania.
Dated Sept. 1, 1902. Interest payable March
end Sept. 1, at First National Bank, Scranton,
Authorized—$350,000.
Outstanding—$325,000. :
Denomination—Coupon and registered, $1,000.
Trustee—Lackawanna Trust Safe Deposit
Co., Scranton, Pa.
Redeemable at 105 and interest.
Guaranteed principal and interest by National
Water Works & Guarantee Co.
Control—All ef the stock is owned by National
Secured by a ‘frst mortgage on plant supplying
water to Latrobe, Pa. Fopulprion served, 9,000.
Earnings—Dividends of 6% per annum are
being paid on $66,000 stock.
Market. ‘
Scranton—E. A. Burke & Co., Brooks & Co.
LAUREL ELECTRIC, POWER & LIGHT CO.
. 1st 6s. Due November'1, 1931.
Dated November -1, 1911. Interest payable
May and, November‘1, at Trustee’s aur
Authorized and Qutstanding—$120,
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—$5,000 per annum.
z Control—Absorbed by the Laurel Light &
y. Co.
Secured by a first mortgage on plant supplying
qecuriesty in Laurel, Miss. Population served,
0!
Underlies—$350, ae ag Lt. & Ry. 5s.
t.
é New York—Gilman & Clucas, Didrichsen &
O.
Hepisterable 7
LAURENTIDE PAPER CO. Ist 6s. Due Jan. 2,
1920.
Dated Jan. 2, 1900. Interest payable Jan.
and July 2, at Royal Trust Co., Montreal.
Authorized—$1,200,000.
Outstanding—$798,192.
Balance Retired.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Royal Trust Co., Montreal.
Redeemable on any interest date at 110 ‘and
interest.
Sinking Fund—$20,000 per annum to purchase
bonds at not exceeding 110 and interest, bonds
to be called at that price if they cannot be pur-
chased. a
Control—Absorbed by. -Laurentide Co. i
Secured by a first mortgage on timber rights
aggregating more than 2,000 square miles, and
on mills located at Grand Mere, Que., Can.,
where company is engaged in manufacture of
sulphite, ground pulp, paper and card board.
Net Earnings, 6/30/14. $944,959
Interest.............
Listed on the Toronto and Montreal. Stock
Exchanges.
Market.
Toronto—A. E. Ames & Co.
Montreal—McCuaig Bres. & Co.
Registerable
LEAMINGTON & ST. CLAIR RAILWAY CO.
1st 4s. Due October 1, 1945.—N.
See Map 69.
Dated ‘October 1, 1895. Interest pate
April and October 1, at Bank of Montreal, N. Y.
Authorized and Outstanding—$130,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—James Ross and Nicol Kingsmill.
Guaranteed principal and interest by the
Canada Southern Ry. Co. by endorsement.
Control—Absorbed by the Canada Southern
Railway Co. A majority of the stock of that
company is owned by the Michigan Central R.
R. Co., which leases its property.
Secured by a first mortgage on (4) 14 miles of
road from Leamington to Comber. These bonds
are outstanding at the rate of $10,000 per mile.
Underlies—$22,500,000 Can. So. Ry. 1st 5s.
Market.
New York—Spencer Trask & Co., Wm. C.
Wilson, Gilman & Clucas.
LEAVEN WORTH LIGHT, | HEAT & POWER
CO. 1st 5s. Due Sept. 1, 1923.—F.
427
Dated ore 1, 1908. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$1,000, p08
Outstanding—$675, 0!
Tehomiuatitn. Colmar. $100, $500 and $1,000.
Registerable as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any interest
date on four weeks’ notice.
Organization and Control—Incorporated_in
Kansas in 1908. The Leavenworth Light, Heat
& Power Co. is controlled by the United Gas &
Electric Co. of New Jersey through ownership of
its entire capital stock, which sompany in turn is
controlled by the United Gas & El. Corp. of
onn.
Secured by a first mortgage on plants supply-
ing gas and electricity to Leavenworth and Fort
Leavenworth, Kan. Population served, 22,000.
Franchises expire in 1927.
Net Earnings, 12/31/14.; piite- suave $56,251
NENGORESG ook oh caine hayes aglaw noes
Original Market—$600, 000 offered in 1909 at
94)4 and interest, by Bertron, Griscom & Jenks,
New York and Philadelphia.
Market.
New York—Bertron, Griscom & Co., Kirk-
patrick & Lewis, Gude, Winmill & Co.
Boston—H. L. Nason & Co., Adams & Co.
Chicago—Hulburd, Warren & Chandler.
Philadelphia—Bertron, Griscom & Co., Geo.
P. Bissell.
Providence—Stranahan & Co.
LEAVENWORTH TERMINAL RY. & BRIDGE
CO. 1st 5s. Due Jan. 1, 1923.—F.
Dated Jan. 1, 1893. Interest payable Jan. and
July 1, at Central Trust Co., New York.
Authorized—$600,000
Outstanding—$560,000.
Held in Sinking Fund—$40,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—10% of earnings annually.
Bonds acquired by this fund are to be held alive.
Organization and Control—Incorporated in
Kansas in 1892. All of the stock is owned by
Chicago Great Western R. R.
Secured by a first mortgage on bridge over
Missouri River at Leavenworth, Kan., and also
on terminals in Leavenworth. The bridge is
used by the Burlington System and Chicago,
Rock Island & Pacific Ry. at an annual rental of
$16,000 each, under a lease which expires March
, 1922; and by the Chicago Great Western
. R. at an annual rental of $14,300 under a lease
expiring in 1925.
Net Earnings, 6/30/13............ $43,055
Interest iccay2s Mihakis anes eae 29,515
Market.
New York—F. J. Lisman & Co., Chas. W.
eae F. H. Hatch & Co., McGeorge & Vander-
oef.
LEBANON GAS & FUEL CO.
March 1, 1956.
Tax free in Pennsylvania.
Dated March 1, 1906. Interest payable March
and Sept. 1, at Guaranty Trust Co., New York.
Authorized—$500,000.
Outstanding—$265,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Organization and Management—Incorporated
in Pennsylvania in 1906.
Secured by a first mortgage on plant supply-
ing gas to Lebanon, Pa. Population served,
21,000. Franchises perpetual.
Ist 5s. Due
Ragisterable
LEBANON VALLEY STREET RY. ad 5s. ,Due
July 1, 1929.—.
Tax free in Pennsylvania. ie 34,
Dated July 1, 1899. Interest payable‘Jan,
and July 1, at Valley National Bank, Lebanon,
Pa., and Real Estate Title Ins. & Pea
Philadelphia. :
Authorized and Outstanding—$500,0'
Denomination—Coupon, $100,$500 ae ‘31, 000.
Trustee—Real Estate Title Ins. & Trust Co.,
Philadelphia.
Guaranteed as to interest by 900-year lease to
Reading Transit Co.
Organization and Contrel. = ncoeporsied in
Pennsylvania in 1899. Practically all of stock
owned by United Power & Transportation Co.,
a subsidiary of the Interstate Rys. Co. and prop-
erty leased to Reading Transit & Light Co. at
an annual rental of interest, taxes and $40,500.
Secured by a first mortgage on 22 miles of
electric railway in and around Lebanon, Ann-
ville ‘and Myerstown, Pa. eee served,
about 35,000.
Net ‘Earnings, Read. T. & L.,
V2 BU 1B ose gsccsiesie eas sg hava e's +++ $808,580
Interest, Rentals, etc........... .» 691,248
Market.
Philadelphia—Samuel K. Phillips, Barclay,
Moore & Co., Henry & West, Reed & Huntoon,
Robt. Glendinning & Co.
LEE LIGHT & POWER CO. Ist & Refg. 68.
Due April 1, 1934.
Dated April 15, 1914. Interest payable April
1 and Oct. 1, at Guaranty Trust Co., New York.
‘Authorized—$750, 000.
Outstanding—$150,000.
Denomination—Coupon, $100,$500 and $1,000.
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—From 1919 to 1925 amounts
equal to 1% of outstanding bonds and 1926 to
1932 2%, to retire bonds.
Secured by a second mortgage on plants sup-
plying electricity in Clarinda, Ia., and vicinity,
and steam heat in Clarinda, and on cold storage
warehouse and ice plant in Clarinda. Popula-
tion served, 9,000.
Prior Lien—$183,000 Lee Electric Co. bonds,
callable at par in 1917.
Net Earnings, 12/31/14...... peent $2 $46,504
TN terest vies crc ycse in dyn muminanse ed a jomreras
Original Market—$150,000 offered in "May,
1914, ii John D. Curtis & Co., New York, at 101
and interest.
reer «. H.) & CO. Ist 6s.
Dated July 1, 1902. Interest payable quar-
terly, Jan. 1, at Columbia Trust Co., New York.
Authorized and Outstanding—$1, 000, 0,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Columbia Trust Co., New York.
Secured by a first mortgage on factory at
King and West Sts., laboratory at 132 Kin) ae
and salesrooms at 100 Hudson St., all in:
York City. The company is engaged in the
manufacture, importing and wholesaling of
groceries. a
et.
New York—F. H. Minton & Co.
LEHIGH & HUDSON RIVER RAILWAY 2nd
Cons. 5s. Due July 1, 1917.—
See Map 60.
Dated Faly 1, 1887. Interest payable Jan.
and July 1, at Irving National Bank, New York,
and First National Bank, Warwick, N. Y.
Authorized—$500,000.
Outstanding—$164, 000.
Denomination—Coupon, $1,000.
Trustee—Daniel B. Halstead. “ida, Frederic
A. Potts.
Organization and Control—Incorporated in
Due July
428
1882 in New York and New Jersey. Controlled
by interests identified with the Lehigh Coal &
Navigation Co. i
Secured by a first mortgage on (4) 63 miles of
road from Greycourt, N. Y., to Belvidere, N. J.
ES ca are outstanding at the rate of $2,600
per mile.
Underlies—$2,987,000 Gen. 5s and debentures.
Bonds are reserved under the General Mortgage
to retire this issue.
Gross Earnings, 6/30/14....... $1,774,792
Net income.................5 ‘ 296,164
Interests. weiiaescewr eagerness 158,800
Market.
és Mey York—Wnm. A. C. Ewen, Wood, Struthers
Gx
LEHIGH & HUDSON RIVER RAILWAY CO.
Gen. 5s. Due July 1, 1920.—F.
See wae 60.
Dated July 1, 1890. Interest P able Jan.
and July 1, at-Irving National Bank, New York,
or at First National Bank,’ Warwick, N. Y.
Authorized—-$3,000,000. = _—°
Outstanding—$2,587,000.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Central Trust Co., New York.
Guarantee—$1,062,000 of ‘the: outstanding
bonds are guaranteed jointly and severally, as
to principal and interest, by the Lehigh Coal &
Navigation Co. and the Central R. R. of New
Jersey by endorsement. j
Organization and Control—See 2nd 5s above.
Secured by a first mortgage on (5) 10 miles of
road from Maybrook to Greycourt, N. Y., and
a second mortgage on (4) 63 miles from Greycourt
to Belvidere, N. J., subject to a prior lien at the
rate of $2,600 per mile. These bonds are out-
standing at the rate of $35,400 per mile. The
company. has trackage rights from Belvidere to
Easton, Pa.
Prior Liens—$164,000 Lehigh & Hudson River
2nd Cons. 5s of 1917, provision for the retire-
ment of which is made in this issue.
Earnings—See 2nd Consol. 5s above.
Listed on the New York Stock Exchange
(guaranteed bonds only).
Original Market—$500,000 offered May, 1898,
at 105 and interest by Brown Bros. & Co., New
York, Philadelphia, and-Boston. ©
Market.
Philadelphia—Chas. Fearon & Co., Brown
Bros. & Co., Graham & Co.,:Henry & West.
New York—Low, Dixon & Co., McGeorge &
Vanderhoef, J. S. Bache & Co.; Wm. A. C. Ewen,
Whittemore, Pell & Co., Wood, Struthers & Co.
Registerable
LEHIGH & HUDSON RIVER RAILWAY Deb.
4s. Due July 1, 1920.—F.
Dated June 30, 1907. Interest payable May
1 and November 1, at Irving National Bank,
New York, N. Y. ;
Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. ‘
. Trustee—Provident Life & Trust Co., Phila-
delphia.
Redeemable at 105 and interest.
Security—A direct obligation of the company,
but not secured by a mortgage. For further de-
tails see 2nd Consol. 5s above.
Market.
Philadelphia—Chas. Fearon & Co.
LEHIGH & LAKE ERIE RAILROAD CO. Ist
44s. Due March 1, 1957.—F.
See Map 59. a
Dated March 1,1907. Interest payable March
and Sept. 1, at office of Lehigh Valley R. R.,
Philadelphia.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—United States Mortgage & Trust Co.,
New York. ’ a
Redeemable at 105 and interest on any interest
date upon 60 days’ notice.
Guaranteed principal and interest by the
Lehigh Valley R. R. Co. ‘
- Control—Absorbed by the Lehigh Valley Rail-
way Co. of New York. .All of the stock of that
company is owned by the Lehigh Valley R. R.
Co., which leases its property for 999 years.
Secured by a first mortgage on (2) 11 miles of
double-tracked road from Tifft Farm Junction
to Tifft Farm, Buffalo, N. Y., and terminal
property at and near Buffalo, including 18914
acres of land with a frontage on Lake Erie. .
Underlies—$15,000,000 L. V. Ry. Co. ist 44s.
Legal for Cal., Fla., Me., Mich., Minn., N. H.
and R. I.
LEHIGH & NEW ENGLAND RAILROAD
Ist 5s. Due July 1, 1945.—F.
See Map 60.
Dated July 1, 1895. Interest payable Jan.
and July 1, at Company’s office, Philadelphia.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust..Co., Philadelphia. |
Organization and -Control—Incorporated in
Pennsylvania in 1895. Controlled, through stock
ownership, by the Lehigh Coal & Navigation Co.
Dec. 1913 acquired the property of the Panther
Creek R. R. Co. owning 32 miles from Tamaqua
to Nesquehoning. .
Secured by a first mortgage on (6) 196 miles of
road from Slatington, Pa., to Hainesburg Jct.,
N. J., and Swartswood Jet., N. J., to Liberty
Corners, N. Y., Danielsville to Tamaqua and
Lansford, Pa.; and branches to Bethlehem,
Bangor and other points in eastern Pennsylvania.
These bonds are outstanding at the rate of $5,000
per mile. The company has trackage rights
from Hainesburg Jct. to Swartswood Jct., (7) 19
miles and operates to Campbell’s Hall, N. Y.,
where connection is made with the Central New
England R. R. forming a through route from the
anthracite coal fields to New England points.
Underlies—$4,000,000 Gen. 5s.
Net Earnings, 6/30/14.... .. $809,256
Interest, etc.......,...+. ose 262,144
., Market.
Philadelphia—Geo. S. Fox & Sons, E. W.
Clark & Co,, Penington, Colket & Co., Henry &
West, Brown Bros. & Co., Chas. Fearon & Co.
S. K. Phillips, C. D. Barney & Co., Frazier & Co.,
Graham & Co., G. N. Fleming, Welsh Bros.,
Elkins, Morris & Co. _- .
New York—Brown Bros. & Co., Coffin & Co.,
G. W. Walker & Co., W. A. C. Ewen.
LEHIGH & NEW ENGLAND RAILROAD CO.
Cen Mtge. 5s, Series ‘‘A.” Due July 1,
Tax exempt in Pennsylvania.
Dated July 1, 1914. Interest payable Jan. 1
and July 1. :
Authorized—$15,000,000.
Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
as to principal. 7
Trustee—Guarantee Trust & Safe Deposit
Co., Philadelphia. 7
Organization, Property and Earnings—See 1st
5s. above. :
Secured by a second mortgage on 196 miles of
railroad from Summit Hill, near Tamaqua, Pa.,
via Danielsville to Harriesburg Jct., N. J., and
Swartswood Jct., N. J., to Campbell Hall, N. Y.,
with branches to Slatington, Catasauqua, Beth-
lehem and other points in Pennsylvania subject
to a prior lien at the rate of $5,000 per mile.
The company has trackage rights from Harries-
burg Jct. to Swartswood Jct. and tidewater near
New York. These bonds are outstanding at the
rate of $20,000 per mile.
Registerable
429
Prior Liens—$1,000,000 1st 5s.
Original Market—$2, 000,000 were sold in
July, 1914, to the Lehigh Coal & Navigation Co.
and $2,000,000 offered by Brown Bros. & Co.,
Philadelphia, etc., at 9814, and interest.
LEHIGH & NEW ENGLAND RAILROAD CO.
- 444% Equip. Certfs. Series ‘‘A.” Due
‘$30,000 anual June 1 to June 1, 1923.—F.
Dated June 1, 1908. Interest payable June
and Dee. 1, at Guarantee Trust & Safe Deposit
Ca., Philadelp hia.
“Kathorized-—$450, 000.
Outstanding—$210,000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Guarantee Trust & Safe Deposit
Co., Philadelphia.
Redeemable on any interest date at 102 4 and
interest.
Guaranteed principal and interest by Lehigh
Coal & Navigation Co.
- ‘Organization, Control and Earnings—See 1st
6s above.
Secured by a first lien on 300 steel coal cars,
800 steel underframe box cars and three con-
solidation locomotives.
Original Market—First offered by Brown Bros.
& Co., Ebilsdelphity, hes
Market.
Philadelphia—Brown Bros.’ & Co., Harper &
Turner, ‘Graham & Co.
New York—Coggeshall & Hicks.
LEHIGH’ -& NEW ENGLAND RAILROAD
4%% Equip. Certfs. Series “B.” Due
$45,000 annually, May 1to May 1, 1945.—F,
Dated May 1, 1911. Interest payable May
eg Nov. 1, at Guarantee ‘Trust & Safe Deposit
“Authorized—$700, 000.
Outstanding——$475,000.
Balance Retired..."
-Denomination—Coupon, $1, 000.
Trustee—Guarantee Trust &
Co., Philadelphia.
Guaranteed—See Series’ “A” above. ~
Secured by a first lien’ on: 500 steel coal cars,
300 box cars and seven consolidation locomotives.
For further details regarding company, see
1st 5s: above. Market.
Philadelphia—Brown Bros. & Co., Chas. C.
Harrison, Jr., & Co., Harper & Turner.
New York—Coggeshall & Hicks.
LEHIGH & NEW ENGLAND RAILROAD co.
444% Equip. Tr. Ctfs. Series ‘‘C.” Due
$35,000 each Feb. 1, to Feb. 1,:1927, anit
$60,000 Feb. 1, 1928.—!
~ Dated ‘February: ty 1918. Interest: payable
Feb. and Aug. 1, at ‘Trustee! 8 office.
Authorized—$550,
Suretinatag=aaae. 000 ie
Balance Retired.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Guarantee Trust- & Safe Deposit
Co:, Philadelphia.
Secured by an equipment feat agreement on
six locomotives, one wrecking cran2, 500 box
cars and 100 steel coal cars, costing ‘$642, 356, of
which $92,356 was paid in cash.
For further details regarding company, see
1st_5s, above.
Original Market—$550,000' offered in Jan.,
1918, by Brown Bros. Co., New York and
Philadelphia on a 454% basis, t
Market. '
Philadelphia—Harper & ‘Tonner, Brown Bros.
Co., C. H. Harrison, Jr., &
New York—Coggeshall &° Hicks.
LEHIGH & NEW YORK RAILROAD CO.
lst 4s. Due September 1, 1945.—F.
Safe Deposit
Registerable
See Map 59. F
Dated Taucust 24, 1895. Interest payable
March and Sept. 1, at J. P. Morgan & Co. .» New
York and in Philadelphia.
Authorized ‘and Outstanding—$2,000,000. :
Denomination—Coupon, $1,000. Repietcrable
as to principal or fully registerable. “
Trustee—Metropolitan Trust Co., New York.
Guaranteed principal and interest by the
Lehigh Valley R. R. Co. by endorsement. -
Organization and Conirol—Incorporstéd’ in i
New York in 1895. $2,271,350 of the $3}; 391 ‘648
preferred stock, but none of. ‘the $411,700 common
stock is owned. by the Lehigh Valley R. R. Co,
and pledged under its Gen. Cons. Mtge."*The
roperty is leased for 999 years by the Lehigh
alley R. R. Co.
Secured ‘by a first mortgage on the (3) 115
miles of road from North Fairhaven, N. Y., to the
Pennsylvania State Line. This road furnishes
the Lehigh Valley R. R. with an outlet on Lake
Ontario... These bonds are outstanding at the
rate of $17,300 per mile..
melee Cal., Fla., Me., Mich., Minn., N. H.
an
Listed on the: ‘Now Fork & Stock Exchange.
New York—Ambrose R. Clark, Fred_H. Hatch
& Co., Penington, Colket & Co., Chas. D. Barney
& Co., Coffin & ne .» G. W. Walker & Co., Buil
& Eldredge, Wm. C. Wilson & Co.
Philadelphia—Samuel K. Phillips, E. W.
Clark & Co., Elkins, Morris & Co., Robt. Glen-
dinning & Co., Chandler & Co.,.Reed & Huntoon,
W. H. Newbold’s Son & Co., Cassatt & Co.,
Geo. S. Fox & Sons, Henry & West, Reed A.
Morgan & Co., Graham & Co., G. N. Fleming.
(THE) LEHIGH & WILKES-BARRE COAL
CO. Cons. 4s. Due Serially, $2,500,000
each 5 years from 1915 to 1950.—F.
Tax exempt in Pennsylvania.
Dated June 1, 1910. Interest payable June
and Dec. 1, at Liberty vane Bank, New York.
Authorized—$20, 000,000.
Outstanding—$16, 996, 000. $1 041,000 owned
by the Central R. R. Co. of
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Pennsylvania Company for In-
surances on Lives and Granting Annuities,
Philadelphia.
Sinking Fund—Annually June 1st $460,000
to be appropriated from earnings for the pur-
chase of these, bonds at not exceeding par and
interest. _ If not purchasable at this price, they
may be purchased at a higher price or the fund
invested in other securities in the discretion of
the Trustee’ and with the approval of the com-
pany. At the expiration of each five years all
the securities held in the sinking fund or the
proceeds-shall be applied to the retirement of
maturing bonds, and if the annual payment of
$460,000, together with the interest therefrom,
is not sufficient to pay off the bonds maturing
in the term of five years, the company shall make
up the deficiency.
Guaranteed principal and interest by The
Central R. R. Co. of New Jersey by endorsement.
Organization—Incorporated in Pennsylvania
in 1874, The property was placed in the hands
of a receiver in 1877 and receiver discharged in
January, 1882. Owns all the capital stock ‘of the
Lehigh & Wilkes-Barre Coal Co. of Massa-
chusetts, and ‘is controlled by the Central "Re Ra
of New Jersey through stock ownership. ‘
Secured by a first mortgage on the entire prop-
erties, buildings, coal lands, leases, mining tights,
ete., including 12,900 acres of land, owned in fee,
in Luzerne, ‘Carbon and Schuylkill Counties,
Pa., and on leasehold interest in 2,800 acres.
Registerable
- It_is: estimated that the land owned in fee con-
tains 460,000,000 tons of merchantable coal.
430
Net Earnings, 6/30/14......... $4,695,623
InbereStycu ss ocd sce ein bn a ae bo 679,841
Legal for New Hampshire. ' .: ...
- Original Market—Offered in 1910 by J. P.
Morgan & Co., New York, and Drexel & Co.
Philadelphia, at prices to. yield 4.15 %.
Market.
Philadelphia—E. W. Clark: & Co., Chas. C.
Harrison, Jr., & Co., Samuel K. Phillips, E. B.
Smith & Co., Borden & Knoblauch, Graham &
Co., Elkins, Morris & Co., Henry & West, Mont-
gomery, Clothier & Tyler, Drexel & Co., Brown
Bros. & Co., Reed & Huntoon, Barclay, Moore
Co., Wurts, Dulles & Co. -
New York—J. S. Bache & Co., Coffin & Co.
Struthers & Hiscoe, F. H. Hatch & Co., White,
& Co., Chas. H. Jones & Co., Didrichsen
0. rests
LEHIGH COAL & NAVIGATION €0. Coll. Tr:
Power Loan 414s. Due Dec. 1,.1921.—F. .
Tax exempt in Pennsylvania.
Dated December 1, 1911. Interest payable
June and Dee. 1, at company’s office, at Phila-
delphia, Pa. .
Authorized— $3,000,000.
Outstanding—$2,985,000.
Held in Treasury—$15,000.
. Denomination—Coupon, $1,000.
as to principal.-’ : .
Trustee—Guarantee Trust & Safe Deposit Ca.,
Philadelphia. i 2
Redeemable as a whole only at 10234 and in-
terest on any interest date on 60 days’ notice.
b na enlss son and Earnings—See Gen. 4}43
elow. od
Secured by deposit of $1,000,000 Lehigh Coal
& Navigation Co. Gen. 4)4s and_ $3,000,000
of the $3,828,000 Lehigh Navigation Electric Co.
1st 6s. The latter issue is secured by a first
mortgage on the large steam generating electric
plant, near Hauto, Pa., erected by the company
in 1912, and on transmission and distribution
systems supplying a large area in the anthracite
coal fields. — : ;
Original Market—Offered in Dec., 1911, by
Brown Bros. & Co., New York, Philadelphia, etc.,
at 101 and interest.
arket. é
. Philadelphia—E. B. Smith & Co., Brown Bros.
& Co., Robt. Glendinning & Co., KE. W. Clark &
Co., S. K. Phillips, Townsend Whelen & Co.,
Chas. C. Harrison, Jr., & Co., Graham & Co.,
J. W. Sparks & Co., Welsh Bros., Bioren & Co.,
J. & W. Strawbridge, Elkins, Morris & Co.,
Reed & Huntoon, Chas. Fearon & Co., Henry &
West, Goodall; ‘Wester: & ‘Co., Barclay, Moore
& Co. ae
Registerable
(THE) LEHIGH COAL & NAVIGATION CO.
Gen. 44s. Due May 1, 1924.—F.
See Map 106. 2
Tax exempt in Pennsylvania. .
Dated May 1, 1884. Interest payable Feb.,
May, Aug. and Nov. 1, at Company’s office.
Philadelphia. : ;
Authorized—$15,000,000. ~ . :
Outstanding—$220,000 (Closed mortgage)..-"-
Denomination—Registered, $1,000. _ Cat oy
Trustee—The Fidelity Trust Co., Philadelphia.
Organization and Control—Incorporated in
Pennsylvania in 1822. The company owns
extensive anthracite coal deposits and’ also
controls, either through stock ownership or lease,
206 miles ‘of railroad, all of which is leased for
999 years from 1871 to the Central R. R. Co. of
N. J., at a rental of ‘one-third of the gross earn-
ings, with a minimum of $1,414,400 per annum
and a maximum of $2,043,000 plus 7 % of amounts
spent on improvement and extension. of its rail-
road since 1882.-'For year ended June “30,
1913, rental was $2,207,704. The company
also controls, through ownership. of its entire
capital stock the Lehigh & New England R. R.
431
Co., operating 270 miles of road and jointly
with the Central Rw R. Co. of N. J., the Lehigh
& Hudson River Ry. Co., operating 100 miles
of road. (For details of these controlled com-
panies, see descriptions of their bonds). i
. The company also owns all of the capital
stock’ of the Lehigh Navigation Electric Co.,
which has recently completed a ‘large power
house and extensive transmission lines, servin:
the territory adjacent to its railroads and_coa’
properties. It also controls the Harwood. Elec-
tric Co., operating in adjoining territory. ~°
The L. C. & Nav. Co. owns practically the
entire capital stock of the Alliance Coal Mining
Co., which owns 3,853 acres of coal lands, con-
taining’ 250,000,000 tons of coal.
Secured by a first mortgage on 12,734 acres of
¢oal lands owned in fee in Carbon and Schuylkill
Counties, Pa., estimated to contain upwards of
600,000,000 tons of unmined coal; canals, collier-
ies and (3) 163 miles of railroad from Phillipsburg,
N. J. via Easton, Bethlehem and Mauch Chunk
to Wilkes-Barre and. Union Junction, Pa., with
numerous branches. This: railroad forma th.;
main line of the Central R. R. of N. J. in Pennsyl-
vania, and a large part is double tracked. stele
Underlies—$18,000,900 L. C. & N. Co. Fund.
Imp. and Consolidated bonds. Bonds are
reserved under the Consolidated mortgage.
Net Earnings, 12/31/14........ $3,673,674
Interest......... eS Sa cl is saris acie as 1,190,096 - -
Listed on the Philadelphia Stock Exchange.
n Market. :
Philadelphia—E. B. Smith & Co., Henry &
West, E. W. Clark & Co., Brown Bros. & Co.,
Penington, Colket & Co., Elkins, Morris & Co.,
Ervin & Co., Robert Glendinning & Co., Harper
& Turner, J. C. Harrison, Jr., & Co., Reed &
Huntoon, Barclay, Moore & Co., C. D.:Barney
& Ca;, Frazier & Co., Graham & Co.
New: York-—Bigelow & Co,, J. S. Bache & Co.
Strong, Sturgis & Co.;-Struthers & Hiscoe. :
riba t.
(THE) LEHIGH COAL .:&(NAVIGATION CO,
. Coll. Tr. 44s. Due Nov. 1, 1930.—F.
Tax exempt in Pennsylvania.
Dated November 1, 1910. Interest payable
May and Nov. 1, at Philadelphia.
Authorized and Outstanding—$1,750,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust & Safe Deposit Co.,
Philadelphia. i. cM
Redeemable as a whole only at. 10214 and“in-
terest, on any interest date upon 60 days’ notice.
pee niaation and Earnings—See General 44s
above. :
Secured by deposit with the Trustee of bonds
having a par value of $2,107,500, the interest
upon which is more than sufficient to pay the
interest on this issue. The securities pledged
are as follows: $857,000 Lehigh & New England
50-year Cons. 5s, due Oct. 1, 1953; $650,000
(total issue) Lehigh & Delaware R. R. Co. 50-
ear Gen. Mtge. 5s; $160,000 out of $1,320,000
ehigh & Hudson River Ry. Co. 30-year Gen.
Mtge. 53;: $104,000 out ‘of $400,000 Lehigh’ &
Hudson River. Ry. Co. 13-year Deb. 4s, due
July 1, 1920; $149,000 out-of $4,161,000 Lehigh
Coal & Navigation Co. 50-year Funding &:Im-
provement 4s, due July: 1, 1948; and $187,500
out of $3,191,000 Eastern Pennsylvania Rys. Co:
1st Mtge. 30-year 5s. ° ae
Original Market—Offered in 1910 by Brown
Bros. & Co., New York_and Philadelphia, at 101
2 Market. .
’ Philadelphia—E. W. Clarkx&-.Co., C. C. Harri-
son, Jr, & Co.,. Chas. Fearon:& Co,; Brown Bros:
& Co., C. D. Barney & Co., Benson & Packard,
Elkins, Morris & Co., E.:B;-Smith &Co., Henry
& West, ‘Robert Glendinning &-:Co., Reed::&
Huntoon, Graham & Co. of get
(THE) LEHIGH COAL & NAVIGATION CO.
Funding & Improvement 4s. Due July 1,
1948.—F.
See Map 106.
‘Tax exempt in Pennsylvania.
Dated June 25, 1898. Interest payable Jan.
and July 1, at conpens 's office, Philadelphia.
Authorized—$7,50 10,000.: ‘
- Outstanding—$4,012,000 (Closed mortgage).
Pledged Under Col. 414s of tore 000.
Retired by Sinking Fund—$123,0
Denomination—Coupon, $1,000.
as to principal.
' Trustee—The Provident ' Life & Trust Co.,
Philadelphia, Pa. -
Redeemable at 105 and interest on any interest
date after 60 days’ notice.
Sinking Fund—Five cents per ton on all coal:
mined and shipped from the land covered by
the first lien of this mortgage which includes all
lands of this company west of the Little Schuyl-
kill River, and from the property of the Alliance
Mining Co. Payments to -be made annually
and applied to the purchase of these bonds at
not exceeding 105 and interest. If bonds are
not purchasable, they shall be called. All bonds
so acquired are to be cancelled.
Organization and Harnings—Sea Gen. 4 “8,
above.
Secured by a first mortgage on 1,350 acres’ of
coal lands of the company in Pennsylvania west
of the Little Schuylkill River,'and the Delaware
Division Canal, which parallels the west bank of
the Delaware River from the mouth of. the
Lehigh River to'a point a short distance above
Bristol, Pa., a first collateral lien on: $125,000
ar value out of acu 000 capital stock of the
resckow R. Co. (no bonds); owning eight
miles of road from Silver Brook to Audenreid,
Pa., upon $1,415,000 out of $1,418,600 capital
stock of the Nesquehoning Valley R. R.- (no
bonds), owning the 17 miles of road from Nesque-
honing Jct. to Tamanend, Pa.; upon $497,500
out of $500,000 capital stock of the Wilkes-Barre
& Scranton Ry. Co.; and upon $222,500 out of
$450,000 capital‘stock of the Allentown Terminal
R. R.; upon $664,000 1st Mtge. 6% bonds and
2,072,225 capital stock of the Alliance Coal
ining Co., whose property consists of about
3,850 acres of. coal lands, estimated to contain
about 240,000,000 tons of coal, and a second
mortgage on the property described under the
Gen. 4 4s above, including (3) 163 miles of road
leased to the C. R. R. of N. J. (For details see
Gen. 44s above.)
- Prior Lien—$3,686,000 Gen. 4s of 1924.
Underlies—$18,000,000 Consol. 414s of 1954.
Listed on the Philadelphia Stock Exchange.
Original Market—$1,500,000 offered March,
1905, by E. B. Smith & Co., New York and
Philadelphia.
Market.
Philadelphia—Henry & West, Chas.
& Co., E. W. Clark & Co., Brown Bros. & Co.,
Reed & Huntoon, E. B. Smith & Co., Graham &
Co., Sullivan Bros. & Co.
LEHIGH COAL & NAVIGATION oe Cons-
. F. 4}4s. Due Jan. 1, 1954.—.
Tax free in Pennsylvania.
Dated Jan. 1, 1914. Interest payable Jan.
and July 1, at Brown Bros. & Co., New York
and Philadelphia,
Authorized—$40,000,000.
Outstanding—$14,000,000.
yin in Treasury or Pledged as Collateral—
Denomination—Coupon, $1,000. Registerable
as to principal. Registered $1,000, $10,000 and
multiples.
Trustee—The Pennsylvania Company for In-
a on Lives and Granting Annuities, Phila-
elphia.
Pr oviutarable
Fearon
Redeemable at 10214 and interest until July
1, 1921, and thereafter at 105 and interest.
Sinking Fund—Five cents per ton of coal of
the sizes of pea or larger mined from the mort.
gaged property for the purchase or redemption
of these bonds at nat over 10234 and interest.
Secured by a direct mortgage on the company’s
canal, railroad and:coal properties (see!Gen. 4443
and Fund’g and Imp.. 4s above. . Further se-
eured by deposit of the entire capital stock of
the Lehigh & New England R. R. Co. (see issues
of that company above)..and the stock and bonds
of other affiliated companies:
Prior Liens—$220,000 Gen. 4s. of 1924 and
$4,012,000 Funding & Impt. 4s of 1948 (closed
mortgages) for the retirement of which bonds
are reserved under this mortgage. :
Earnings—See Gen. 4 14s of 1924 below. n
Original Market—$14,000,000 offered Jan.,
1914, by Brown Bros. & Co., New York, Phila-
delphia and Boston at 9734 and interest.
_ Market. Me
New York—L. M. Prince & Co.;-Robinson &
Co.; Seasongood & Haas, Redmond & Co., Monts
gomery, Clothier & Tyler, Crawford, Patton &
anno
Philadelphia—Harper & Turner, Elkins, Mor-
ris & Co., Sullivan Bros. & Co., C. D. Barney &
Co., Montgomery, Clothier &' Tyler, Wistar &
Stokes, Reed & Huntoon, Mellor & Petry,
Barclay, Moore & Co., R. Glendinning & Co.
LEHIGH NAVIGATION | ELECTRIC CO. ice
Mtge. 4s-5s. Series ‘‘A” and ‘‘B.”’
July 1, 1943.—N.
Tax exempt in Pennsylvania.
Dated July 1, 1918. Interest payable Jan.
and July 1. Interest is payable at the rate of
3% in 1915, 34% i in 1916, 4% in 1917, ae in
1918 and 5% in 1919 and thereafter.
Authorized—$10,000,000.
Outstanding—$3, 000, 000 Series ‘‘A,’”’ $828,000
Series “B.” All of Series ‘‘A’” bonds are de-
eee as pert security for $3,000,000 L, C. &
Power 414
Howmalastinn=Goupan; $1,000. Registerable
as to principal only.
Trustee—Pennsylvania Co. for Insurances on
Lives & Granting Annuities, Philadelphia. -
Guaranteed as to interest by the Lakigh Coal
& Navigation Co. by. endorsement.
Redeemable at 100 and interest at any time.
Sinking Fund—A sum equivalent to 1% per
annum of outstanding bonds from 1917 to 1921,
144% from 1922 to 1926 and 2% thereafter to
Ey: to be applied to the retirement of these
onds.
Organization and Control—Incorporated in
Pennsylvania in 1913. All of the stock is owned
by the Lehigh Coal & Navigation Co. The
Lehigh Navigation Electric Co. owns all of the
common stock of the Harwood Electric Co., the
Series ‘‘B” bonds.of this issue having been issued
to acquire that stock.
Secured by a first mortgage on the recently
completed power plant of the company at Hauto,
Pa. The company is able to produce power at
a very low cost, owing to the low price at which
it obtains fuel. Reading, Allentown, Easton,
Wilkes-Barre, Pottsville and Scranton are
within easy distributing distance of the com-
pany’s plant.
Surplus L. C. & N. Co., Ee available
on account of the guarantee—$2,483 5
Market. .
Philadelphia—Henry & West.
LEHIGH TRACTION CO. Ist 5s. Due June
Tax areih in ’ Pennsylvania.
Dated June 1, 1893. Interest payable June
and Dec. 1, at ‘Markle Banking & Trust Co.,
Hazleton, Pa. June 1, 1914, interest in default.
432
Dec. 1, 1914, interest paid on coupons presented
to the company.
Authorized and Outstanding—$500, 000
. Denomination—Coupon, $100, $500 and $1, 000.
Trustee—Markle Banking & Trust Co.,
Hazleton, Pa.
Organization and Control—Incorporated in
Pennsylvania in 1892. Practically all. of the
stock is owned by the W. B. & H. R. R. Co...
On account of a.recent strike the company was
unable to pay the interest due June 1, 1914
President Alvin Markle offered to purchase this.
company, but the committee representing hold-
ers of a large amount of bonds refused, on the
grounds that the company’s position ‘did: not
warrant a default, and that there was a possi-
bility thatthe -coupons would become a lien
against the property, prior to the principal.
Secured by a first mortgage on 19 miles of
electric railway from Hazleton to McAdoo on the
south and Freeland on the north, all in Pennsyl-
vania. Franchises are perpetual. Population
served, 42,000.
Underlies—$1, 900,000 Col. Tr. 5s of Wilkes-
Barre & Hazleton R. R. secured in part by de-
noe of practically all of the stock of Lehigh
rac. Co. Ars
Net Earnings, 6/30/12........ «es $78,490
Interest, ete. .... 6... cece eee eee 37,008
Market.
Philadelphia—Samuel K. Phillips, Woelpper,
& Co., R. Glendinning & Co., Geo P. Bissell,
Oscar R. Dare.
LEHIGH VALLEY COAL CO. Ist S. F. 58 and
4s. Due Jan. 1, 1933.—.
Tax exempt in Pennsylvania.
Dated October 1, 1892. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized—$12,000,000.
Outstanding—$1,400,000-4; $10,114,000-5s.
Denomination—Coupon, $1, 000. Registerable
as to principal only or fully registerable.
Trustee—E. P. Wilbur Trust Co., South
Bethlehem, Pa.
Sinking Fund—10 cents per ton of coal mined
of sizes above pea, from lands owned and covered
by this mortgage, and from lands: in which the
company has an undivided interest, a sum
reckoned at the same rate per ton, proportion-
ate to said interest. The minimum amount
payable is $25,000 per year and payments to be
invested in such securities as shall be approved
by the company.:
Guaranteed ono and interest by the
Lehigh Valley by endorsement.
Organization and Control—Incorporated in
Pennsylvania in 1871 as the Green Land Co.,
name changed to the present: title in 1875. The
entire or stock is owned: by the Lehigh
Valley R . Co. In 1912 the Lehigh Valley
Coal ance Co. was - organized to market the
coal of the L. V. Coal Co., in an effort to comply
with various acts of Congress. This arrange-
ment is now being attacked as altos by the De-
partment of Justice of the
Secured by a first mortgage ‘on 11,600 acres
of coal lands and an undivided interest in 15,500
acres, and all improvements, in Carbon, Lacka-
wanna, Luzerne and Northumberland Counties,
Penna. Annual production ranges between
8,000,000 and 9,000,000 tons. Property is
carried on the books of the company at more
than $22,000,000.
Underlies—$7,500,000 Debentures, all owned
by the Lehigh Valley Railroad Co.
: Net Earnings, 6/30/14 (after
interest, depreciation, etc . $564,859*
*Compares with $1,471,274 in “1912-13.
Listed on the New York and Philadelphia Stock
Exchanges.
Market—5s.
Philadelphia—Graham & Co., Newburger,
Henderson & Loeb, Borden & Knoblauch, Chas.
C. Harrison, Jr., & Co., Sam. K. Phillips, Geo. 8.
Fox & Sons, Chas. Peers & Co., E. B, Smith
Co., Barelay, Moore & Co. % Drexel & Co.
Cassatt_& Co. W. Clark See Henry °é
West, D. Barney & Co., N. Fleming,
Elkins, Morris & Co., Reed & Huntéen, Mellor &
aay Robt. Glendinning & Co., Reed A. Morgan
New York—F. H. Hatch & Co., Seasongood &
Haas, Bigelow & Co. -, Jones & Lanman.
. Market—4s.
Philadelphia—C. D. Barney & Co., Newport,
Wilson & Co., Robert Glendinning & Co.,
Barclay, Moore & Co., Reed & Huntoon, W.
H. Newbold’s Son & Coa., C. C. Harrison, Jr., &
Co., Oscar R. Dare, Frazier & Co., Wistar &
Stokes.
New York—Seasongood & Haas.
LEHIGH VALLEY RAILROAD COMPANY.
Incorporated in Pennsylvania in 1846. The
company owns 317 miles of road, of which 186
miles are double-tracked, from Phillipsburg
N. J., to Wilkes-Barre, Pa., and numerous
branches in the anthracite coal field of Penn-
sylvania. Through the ownership of the entire
stocks of numerous subsidiary companies, and
long term leases of their properties, the Lehigh
Valley Railroad Company controls 935 miles of
road, of which 388 miles are double-tracked, from
Jersey City to etic nae on N. J.; Wilkes-
‘Barre, Pa., to Buffalo, N. Y.; with branches to
Camden, Elmira, Naples and Rochester, N. Y.,
and other: points: in New York and Pennsyl-
vania. The company also leases 115 miles of
road from New York-Pennsylvania State Line
to North Fair Haven, N. Y., from a controlled
company, and has trackage rights over and
leases 70 miles additional. The total mileage
operated is about 1,450 miles, the main line from
Jersey City to Buffalo and branch to Mt. Car-
mel, being double-tracked. :
The Lehigh: Valley Railroad Company is one
of the so-called “hard coal’’ roads. ‘hrough the
Lehigh Valley Coal Co., all of the stock of which
company is owned by the Railroad company, it
controls very extensive deposits in the anthra-
cite coal fields in Pennsylvania.
The Lehigh Valley Railroad Company has
outstanding $106,300 preferred stock and $60,-
500,000 common stock. Dividends on the com-
mon stock were inaugurated in 1858, and paid
in each year to 1893, when they were discon-
tinued. In 1904 the payment of dividends was
recommenced, and since 1910 the rate has been
10% per annum.
The bonded debt of the company and controlled
companies, secured on its railway property, is
outstanding at the rate of about $75,000 per
mile. For many years the annual net income
has exceeded three times the interest charges on
the entire funded debt of the system.
Reports for years ended June 30:
1913-14 1912-13
Gross earnings.. $39,783,564 $43,043,872
Net earnings.... 12,174,402 18,935,552
Net income..... 13,208,535 14,511,892
Rentals........ 2,422,742 2,406,357
Interest........ 3,308,429 3,127,360
Miscellaneous... 420,704 216,346
Dividends...... 6,060, 300 6,060,800
Surplus...... $995,896 $2,701,028
LEHIGH VALLEY RAILROAD CO. Cons. 6s
and 4i4s. Due Dec. 1, 1923, and irre-
deemable.—F.
See Map 59.
Tax exempt in Pennsylvania.
Dated November 13, 1873. Interest payable
June and Dec. 1, at company’s office in Phila-
delphia.
Authorized—$40,000,000.
Outstanding—$23,000,000 as follows:
433
$5,638,000 6s, a ae $10,062,000 6s are irre-
deemable; $4,762 0 4348, due ‘i923; $2,538,-
000 4¥%s are weedoonable
ga eee $1,000. Registered,
Trustee—Fidelity Trust Co., Philadelphia. i
Secured by a first mortgage on (7) 21 miles of
road from Black Creek Jct. to Harleigh Jct., and
from Stockton Jet. to Harleigh Jet.; and a second
mortgage on -(6) ane pro apetly described under the
1st 43 above. hese bonds are outstanding at
the rate of $76, 700 per mile.
sane Liens—$5,000,000 Lehigh Valley 1st: 4s
° : ;
Underlies—$49,639,000 Lehigh Valley Gen.
Cons. 4s of 2003, of which a sufficient amount is
reserved to retire this issue, which may be ex-
tended fora ee not Sen two years.
Legal for Balt., Cal., Conn., N. H. and R. I.
Listed on:the Philadelphia Stock Exchange.
Original Market—$3,000,000 44s due 1923
were offered Jan., 1891, at. 10214. and interest,
by Drexel & Co., aise pina, J. P. Morgan &
Co., New York, and Brown Bros. & Co., New
York and Philadelphia. is
Market.
New York—Sutro Bros. & Co., A. B. Leach &
Co., Freeman & Co., Ambrose R. Clark, John H.
Davis & Co., Redmond & Co.
Philadelphia—Townsend Whelen & Co., H. F.
Bachman = Co., Graham & Co., E. W. Clark &
Co., Geo. . Fox & Sons, Elkins, Morris & Co.,
Benson & ore Cassatt & Co., C. C. Harri-
son,' Jr., & Co., Brown Bros. & Co., Mellor,
& Petry, C. D. Barney < Co., Chas. Fearon &
Co., Penington, Colket & Co., S. K. Phillips,
Frazier & Co., Reed A. Morgan & Co., Robert
D.. Ghriskey & Co., Barclay, Moore & Co. ee
Reed & Huntoon, Henry & West,’"W. H. New-
bold’s Son & Co.
LEHIGH VALLEY RAILROAD CO. Coll. Tr. 4s.
Due in semi-annual installments of $500,000
each from Aug. 1, 1907 to Feb. 1, 1926.—F.
See Map 59.
Tax exempt in Fonnay sania, ay
Dated November 1, 1905. Interest payable
Feb. and Aug. 1, at J. P. Morgan & Co., New York
“York, and at Philadelphia.
- Authorized—$19,0 oe
Outstanding—$9,7
Held in Tressury 81, 261, 000.
Retired—$8,000,00
Denomination—Coupon, $1, 000.
as to principal or fully roe tena ple.
$1,000, $5,000 and ‘$10,01
‘Trustee-—Girard Trust "Co., Philadelphia.
Redeemable at 1024 and: interest | upon 60
days’ notice. ha
Secured by a first lien on the entire $1, 500, 000
stock (except directors’ shares) of the Delaware,
Susquehanna & Schuylkill R. Co., owning (4)
42 miles of road from Drifton to Derringer, Pa.,
free from debt, and on entire $2,900,000. stock
ee directors’ shares) of Coxe Bros. & Co.,
ne. owning 6,800 acres of coal lands, contain-
ing some 67, 000, 000 tons of unmined coal, real
estate in Chicago and Milwaukee, and equipment.
‘As long as any of these bonds are outstanding
the companies mentioned above may not place
any mortgage on their property.
Legal for N. H. an
Original Market—$7, (000, 000 offered in 1905,
by Drexel & Co., Philadelphia.
Market. «
Philadelphia—E. W. Clark & Co., Henry &
West, Borden & Knoblauch, Casati & Co.
Ed. B. Smith & Co., Graham & Co., Elkins,
Morris & Co., Barclay, Moore & Co., Brown
Bros. & Co., Reed & Huntoon,. W. H. Newbold’s
Son & Co., C. C. Harrison, Jr., & Co., S. K.
Phillips. :
New York—Harris, Forbes & Co.
Registerable
Registered,
Boston—N. W. Harris & Co.
Chicago—Harris Tr. & Savgs. Bk.
LEHIGH VALLEY oo co.
Due June 1, 1948.—
See Map 59.
Tax exempt in Pennsylvania.
Dated May 15, 1868. Extended from June 1,
1898 with interest reduced from 6%. Interest
pa ayable ae and Dee. 1, at office of company,
hiladelphia.
Authorized and Outstanding—$5,000,000.-
a $1,000.. Registered,
' Trustee—Girard Trust Co., Philadelphia.
Secured by a first mortgage on (6) 280 miles of
road, practically all of which is double-tracked,
from. Easton to Wilkes-Barre, with branches
to Mt. Carmel, Ashland and other places in the
anthracite coal region of Pennsylvania. This
road includes.a large part of the main line. of
the system between New York and Buffalo.
These bonds es outstanding at the rate of
$18,000 per mile.
Underlies—$73,000,000 Consol. and Gen.
Consol. bonds. Bonds are reserved under the
Gen. Consol. mortgage to retire this issue.
Legal for Balt., Conn., Cal., Fla., Me., Mich.,
Mina. N. H., N. J., N. Y., Ohio, R. I., Vt. and
Listed on the Philadelphia Stock Exchange.
. Market. .
Philadelphia—E. B. Smith & Co., Sete &
Co., Benson & Packard, E. W. Clark & Co.,
Montgomery, Clothier & ryler, Chandler & Co.,
Brown Bros. & Co., S. K. Phillips, Henry &
West, Barclay, Moore & Co., Chas. Fearon & Co.,
Frazier & Co. -» Mellor & Petry, Reed & Huntoon,
Lo Newbold’s Son & Co., Reed A. Morgan
0.
New York—Bigelow & Co.,” a : Moore, . Leotard
& Lewis, John H. Davis & Cos, c. H. Hensel.
LEHIGH VALLEY RAILROAD co. oer. Cons.
4s and Aras. Due May 1, 2003.—!
See Map 61. |
Dated Se tember 80, 1903. . Interest payable
May and Nov. 1, at Company's office, Phila-
delphia, and at J. P. Margae & ati New York.
Authorized—$150,000,000. 3
; oe 1639,000-4sy~ ~ $10,000,000-
.Held in Treasury—$13, 000, 000 4s.
Denomination—Coupon, $1, 000. Registerable
as to principal or fully Peay erable: Registered,
$1, 000, $5,000 and $10,000.
“Trustee—Girard Trust Co., Philadelphia.
Secured by a second mortgage on (2) 21 miles of
road from Black Creek Jct. to Harleigh Jct.,
subject to a prior lien at the rate of $76,700 per
mile and on real estate in Philadelphia, Jersey
City, Newark and Bayonne, valued at more
than $1,000,000, subject to $115,000 mortgages,
and a third mortgage on (3) 280 miles of road from
Easton to Wilkes-Barre, Pa., and branches,
subject to prior liens at the rate of $94;700
per mile. These bonds are also secured by
a first lien on (1) 50 miles of road-from Luzerne
to Bernice, Pa., through the deposit of the entire
capital stock and bond issues of the company
owning the road; on the entire capital stock
issues, $13,250, 060, and. leases, of subsidiary
Toads, owning (4) 646 miles of road from Avoca,
Pa. to Buffalo, N. Y., branches.to Rochester and
other points, and valuable terminals in Buffalo,
subject to mcr eerie at the rate of $40,000 per
mile; on $2,271,350 of the $3,391,648 preferred
stock, $411, 00 ‘common stock also Ts tt
and lease of property of company owning (4) 118
miles of road from Pennsylvania State Line to
North Fair Haven, N. Y. subject to a mortgage
at the rate of $17,300 per mile, and on the entire
$23,000,000 stock of subsidiary companies
owning (4) 177 miles of road, including the lines
Ist. 4a.
484
from Jersey City, N. J., to Phillipsburg, N. J.
and Perth Amboy, to S, Plainfield, N. J., subject to
mortgages at the rate of about $100,000 per mile.
These bonds are secured, either by a direct
o¢ collateral lien, on practically the entire road
comprising the Lehigh Valley R. R. System. On
the entire 1,300 miles covered they are outstand-
ing at the rate of about $38,000 per mile.
Further secured by a first lien on securities of
various subsidiary companies of a par value of
$21,000,000 and including the entire $1,965,000
stock of the Lehigh Valley Coal Co. |
Prior Liens—About $68,000,000 bonds of the
Lehigh Valley R. R. Co. and controlled com-
panies.
Legal for Balt., Mich., Minn., N. H., N. J.,
R. I. and Wis.
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market-—$15,000,000 4s offered Nov.,
1904, by Drexel & Co., Philadelphia and Edward
B. Smith & Co., Philadelphia and New York, at
9814 and interest; $10,000,000 434s offered in
Jan., 1914 at 93 14 and interest, by Drexel & Co.,
Philadelphia and Kissel, Kinnicutt & Co., New
York and Chicago at 9314 and interest.
Market. .
New York—Coffin & Co., Penington, Colket
& Co., E. B. Smith & Co.,,Wm. A. Read & Co.,
Seasongood & Haas, Freeman & Co., Foster &
dams, L. M. Prince & Co., Struthers & ‘Hiscoe,
Gude, Winmill & Co., Redmond & Co., Wood,
Struthers & Co., Montgomery, Clothier & Tyler,
Crawford, Patton & Cannon. th :
Philadelphia—H. F. Bachman & Co., Pening-
ton, Colket & Co., E. B. Smith & Co., Drexel
& Co., Elkins, Morris & Co., Henry & West,
c. C. Harrison, Jr., & Co., Brown Bros. & Co.,
Frazier & Co., Harper & Turner, Mellor &
Petry, Barclay, Moore & Co., Reilly, Brock &
Co., Borden: & Knoblauch, Robt. Glendinning
& Co., Reed & Huntoon, Montgomery, Clothier
& Tyler, Newburger, Henderson & Loeb, W. H.
Newbold’s Son & Co., Wistar & Stokes. -’
Baltimore—Hambleton & Co.
Boston—Wnm. A. Read & Co. .
Pittsburgh—Colonial Trust Co.
LEHIGH VALLEY RAILROAD CO. Equip
44s. Due $250,000 each March Ist and
September Ist to September 1, 1917.—F.
Tax exempt in Pennsylvania.
Dated September 1, 1907. Interest payable
March and Sept. 1, at Company’s office, Phila-
delphia.
Authorized—$5,000,000.
Outstanding—$1,250,000.
Retired—$3,750,000. -
Denomination—Coupon, $1,000.
as to principal. eo
Trustee—United States Mortgage & Trust Co.,
New York. wo
Secured by an equipment lease covering 1,000
box cars, 1,000 steel gondola cars and 3,000
steel coal cars costing $5,824,820 of which $824,-
820 was paid in cash. | ae
Legal for New Hampshire and Rhode Island.
Original Market—Offered in 1907 and 1908,
by Drexel & Co., Philadelphia, Brown Bros. &
Co., New York and Philadelphia, and the First
National Bank, ‘Moffat & White (now White,
Weld & Co.), New York.
Market.
Philadelphia—Geo. S. Fox & Sons, Henry &
West, Reed A. Morgan_& Co:, Montgomery,
Clothier & Tyler, Brown Bros. & Co., Graham &
Co., W. H. Newbold’s Son & Co.
New York—Coggeshall & ‘Hicks, Strong,
Sturgis & Co. : e
LEHIGH VALLEY RAILWAY CO. (of NEW
YORK) 1st 444s. Due July 1, 1940.—F.
See Map 60.
Dated June 23, 1890. Interest payable Jan.
Registerable
and July 1, at Company’s office, ‘Philadelphia
and at J. P. Morgan & Co., New York. . |:
Authorized and Outstanding—$15,000,000..
Denomination—Coupon, $1,000. Registerable
as to principal only or fully registerable.
Trustee—Girard Trust Co., Philadelphia.
Guaranteed principal and interest by the
Lehigh Valley R. R. Co. by endorsement.
Organization and Control—Incorporated in
New York in 1890. All of the stock is owned by
ana the road leased to the Lehigh Valley R. R.
0.
Secured by a first mortgage on (1) 407 miles of
road from the New York-Pennsylvania State
Line, near Sayre, Pa., to Buffalo, N. Y., with
branches to Tonawanda Jct., Cayuga, and
Camden, N. Y., and from Van Etten Jet.. via
Ithaca to Geneva, N. Y., and a second mort-
gage on (3) 80 miles of road from Rochester to
Hemlock, Geneva to Naples, N. Y., Geneva Jct.
to Seneca Falls and Tifft Farms Jct. to Tifft
Farms, N. Y., and terminals in and around
Buffalo, subject to prior liens at the rate of
$51,600 per mile, no allowance being made for
value of terminal properties. Further secured
by a first lien on leasehold interest in (2) 20
miles of road. These bonds are secured on
practically the entire mileage of the system
in New York State, and are outstanding at
the rate of $31,000 per mile. 198 miles of the
road on which they are secured is double-tracked.
Prior Liens—$4,125,000 bonds of absorbed
companies. :
Refunding—Bonds are reserved under the Gen.
Consol. mortgage to retire this issue. :
Legal for Balt., Cal., Fla., Me., Mich., Minn.,
N. H. and R. I.
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
Philadelphia—Graham & Co., Henry & West,
E. B. Smith & Co., Charles Fearon & Co.,
Chas. C. Harrison, Jr., & Co., C. D. Barney &
Co., Elkins, Morris & Co., Chandler & Co.,
Reed & Huntoon, Mellor & Petry; W. H. New-
bold’s Son & Co., Newburger, Henderson &
Loeb, Reed A. Morgan & Co.
Portland—Chas. H. Gilman & Co.
Providence—John C. Hume & Co.
New York—F. H. Hatch & Co., Sutro Bros.
& Co., Coffin & Co., Bull & Eldredge, Jos. Walker
& Sons, Penington, Colket & Co., Simon Borg &
Co., J. S. Bache & Co., Newborg & Co., Season-
good & Haas, Leonard Snider & Co., Wm. C.
Wilson & Co., Callaway, Fish & Co., Struthers
& Hiscoe. gee
Boston—Burgess;, Lang & Co.
Newark—J. S. Rippel.
Omaha—City Trust Co.
LEHIGH VALLEY TERMINAL RAILWAY CO.
1st 5s. Due Oct. 1, 1941.—F.
See Map 59. r
Dated October 1, 1891. Interest payable
April and Oct. 1, at Company’s office, Philadel~
phia, and at J. P. Morgan & Co., New York.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by the
Lehigh Valley R. R. Co. by endorsement..: -
Control—Absorbed by the Lehigh Valley R. R.
Co. of N. J. The entire capital stock: of that
com oe is owned by the Lehigh Valley Rail-
roa 0. :
Secured by a first mortgage on (5) 29 miles of
double-tracked and third-tracked railroad from
South Plainfield to Jersey City, N. J., together
with 125 acres of terminal property, having an
extensive frontage on the Hudson River. This
road forms the eastern end of the main line
between New York, the Anthracite coal fields of
Pennsylvania and Buffalo.
‘435
Refunding—Bonds are reserved under the
Gen. Consol. Mortgage to retire this issue.
Legal for Cal., Fia., Me., Mich., Minn., N. H.
and R. I. : gel a i
Listed on the New pate Bebe Exchange.
r . : arket. —. Aas
»New York—E. & C. Randolph, Harris, Forbes
& Co., Coffin & Co., Hartshorne & Battelle,
F. H. Hatch & Co., Ladd & Wood, Freeman &
Co., E. B. Smith &'Co., Joseph Walker & Sons,
Newborg & Co., Clark, Dodge & Co., W. E. R.
Smith & Co., Struthers & Hiscoe, Gude, Winmill
& Co., B. H. & F. W. Pelzer, Vickers & Phelps,
Wood, Struthers & Co., Redmond & Co., Percy
H. Bradshaw.' : ache :
Chicago—Harris ‘Trust. & Savings Bank.
Baltimore—W. W. Lanahan & Co.
Boston—N. W. Harris & Co. :
Philadelphia—Montgomery, Clothier & Tyler,
E. B. Smith & Co., Eikins, Morris & Co., Brown
Bros. & Co., E. W. Clark & Co., Geo. S. Fox
& Sons, Henry & West, Reed & Huntoon, Reed
A. Morgan & Co. + :
Hartford—Roy P. Crary..
Newark—J. S. Rippel.
LEHIGH VALLEY TRANSIT CO. Collateral 6s.
Due July 1, 1923.—F.
Tax free in Pennsylvania.
Dated July 1, 1913. Interest payable Jan.
and July 1. :
Authorized and Outstanding—$925,000..
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal. 2
Trustee—Girard Trust Co., Philadelphia.
Redeemable at par and interest on any interest
date. i 3
‘Organization—See other issues.
Secured by a pledge of the entire $1,500,000
capital stock (50% paid in) of the Easton Con-
solidated Electric Co., which controls through
stock ownership plant supplying electricity in
Easton; Pa., and practically. the entire street
railway systems in Easton and West Easton,
Pa., and Phillipsburg, N. J., together with inter-
urban line extending to Bethlehem and Nazareth,
Pa., embracing about 54 miles of track, and con-
stituting part of a through line from’ Easton to
Allentown, Pa. Dividends: of 4% per annum
are being paid on the par value of the stock of the
Easton -Consol. Elec. Co. 3
Prior ‘Liens—$1,237,000 Easton Cons. Elec.
Co. Coll. 5s of 1949, and $707,000 bonds of
subsidiary companies.
Earnings—See lst 4s and 5s below.
Original Market—Offered in 1913 at par and
interest by E. B: Smith & Co., Philadelphia and
New York.
and
LEHIGH VALLEY TRANSIT CO. Ist Mortgage
bonds, Series ‘‘A’” 4s and Series ‘‘B” 5s.
Due Dec. 1, 1935.—F. |
_ Tax exempt in Pennsylvania.
Dated December 1, 1905. Interest payable
March and Sept. 1, at Brown Bros. & Co., Phila-
delphia and New York. :
. Authorized—$5,000,000.
' Outstanding—$2;230,000-5s;
i $2,770,000-4s.
_Denomination—Coupon, $1,000. Registerable
as'to principal. ;
_ Trustee—Guaranty Trust Co., New York.
' Redeemable at 105 and interest for the 4s
and at 110 and interest for the 6s on any interest
date upon 60 days’ notice.
Organization—Incorporated in Pennsylvania
in 1905. In 1912 a through fast line was placed
in operation from Philadelphia (69th and Market
Sts.) to Allentown, via Norristown, the running
time being about two hours, as compared with
about one hour and fifty minutes by railroad
fromm the center of Philadelphia. :
The Specpany owns all of the stock of the
Lehigh Valley Light & Power Co., the Allen-
436
town Bridge Co..and the Easton Consolidated
Electric Co., and leases the Quakertown Traction
Co. ($275,000 of the $300,000 stock owned) and
the Bethlehem & Nazareth Passenger Ry. Co,
The Lehigh Valley Transit Co. operates 160 miles
f road from Philadelphia and, Norristown to
Nazareth and Slatedale, and runs through cars to
the Delaware Water Gap. The Easton Consoli-
dated Electric Co. operates 54 miles of street and
interurban railway between Bethlehem and South
Bethlehem, Pa., and Easton, Pa., and Phillips-
burg, N. J. Le : 2 r
Secured by a first mortgage on 121 miles of
street and interurban railway, including local
lines in Allentown, and Bethlehem, Pa., and
interurban lines between those cities, from
Slatedale and Slatington to Allentown, and from
Allentown to Chestnut Hill, Phila., with branches
to South Bethlehem and other points. Popula-
tion served, Allentown, 55,000; Bethlehem,
15,000; remaining territory, 85,000. A part of
the road has been rebuilt on private right-of-way.
Franchises elsewhere are erpetual. These
bonds are also secured on the large power plant
at Allentown, built recently at a cost of about
$1,000,000. The company is. now, however,
obtaining power from the Lehigh Navigation
Electrie Co. :
Underlies—$5,478,000 Consol. 43 and Ref,
Imp 5s.
Net Earnings, 11/30/14......... $787,958
Interest...... ccc eee eee «ee 579,837
This issue ise saccsrawa sae teed ha 311,927
Listed on the Philadelphia Stock Exchange.
Original Market—-Offered, Series ‘‘B,”’ in 1906,
by Brown Bros. .& Co. and Edward B. Smith &
Co., Philadelphia, at 102 and interest.
Market—4s. oe
. Philadelphia—Chas. D. Barney & Co., E. B:
Smith & Co., Brown Bros. & Co., Robt. Glendin-
ning & Co., Elkins, Morris & Co., Oscar R.
Dare, G. N. Fleming, Wistar & Stokes.
fn . _Market—5s.
Philadelphia—Samuel K. Phillips, E. B.
Smith & Co., Brown Bros. & Co., Henry & West,
Harper & Turner, Frazier & Co., Barclay, Moore
& Co., Reed & Huntoon, Oscar R. Dare, Wistar
& Stokes, G. N. Fleming.
LEHIGH VALLEY TRANSIT CO. Cons. 4s.
Due Dec. 1, 1935.—F, © c
Tax exempt in Pennsylvania.
Dated December 1, 1905. Interest payable
June 1 and December 1, at Brown Bros. & Co.,
Philadelphia. :
Authorized—$7,500,000. :
Outstanding—$354,000 (Closed mortgage).
Deposited under Ist & Ref. Mtge.—$2,146,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Lehigh Valley Trust & Safe Deposit
Co., Allentown, Pa.
Organization—See Ist 4s and 5s above.
Secured by a second mortgage on the property
described under the lst mortgage above.) .
Prior Lien—$4,957,000 1st 4s and 5s.
Underlies—$5,115,000 Ref. & Imp. 6s. °.,
Earnings—See 1st 4s and 5s above. - -
‘ Market.
Philadelphia—H. F. Bachman & Co., S. K.
Phillips, Robt. Glendinning & Co., E. B. Smith
& Co., Wistar & Stokes.
New York—E. B. Smith & Co.
LEHIGH VALLEY TRANSIT CO. REF. & IMP.
5s. Due June 1, 1960.—F.
Tax exempt in Pennsylvania. 1
Dated June 1, 1910." Interest Payable June
and Dec. 1, at Trustee’s office or Brown Bros. &
Co., New York and Philadelphia.
Authorized—$15,000,000.
Outstanding—$5,115,000.
Denomination—Coupon,
$500 d 000.
Registerable as to principal. aad BEG
Redeemable at 105 and interest on ‘or before
June 1, 1920, and at 110 and interest thereafter.
Trustee—Lehigh Valley Trust & Safe Deposit
Co., Allentown, Pa.
Organization—See 1st mortgage above.
_Secured by a first mortgage on 13 miles of
high-speed interurban railway, between Lansdale
and Norristown, Pa., forming part of the com-
pany's express route between Philadelphia and
Allentown and by a first lien on $2,146,000 out of
$2,500,000 Consolidated Mortgage bonds. Fur-
ther secured by a third mortgage on the property
described under the 1st mortgage above.
Prior Liens—$5,327,000 1st Mtge. and Consol.
Mtge. 4s and 5s for the retirement of -which,
bonds of this issue have been reserved.
Net Earnings, 11/30/14......... $787,958
Interest eciceicsioese esse sevtyeiga gays 579,837
THiSiGSUCs ssccioua wneaneetc 6 ie-ac4 “311,927
Listed on the Philadelphia Stock Exchange.
Original Market—Offered in 1910, by. Brown
Bros. & Co. and E. B. Smith & Co., Philadelphia,
at 8714 and interest. Also offered in December,
1912, by E. B. Smith & Co., at 9144 and interest.
Market. .
Philadelphia—Newburger, Henderson & Loeb,
E. B. Smith & Co., Brown Bros. & Co., Geo. N.
Fleming, Reed A. Morgan & Co., Robt. Glen-
dinning & Co., Benson & Packard, Henry & West,
H. F. Bachman & Co., Mellor & Petry, Oscar R.
Dare, Barclay, Moore & Co., Robt. D. Ghriskey
Co., Harper & Turner, Reed & Huntoon, C.
H. Bean & Co., S. K. Phillips, C. D. Barney &
Co., Wistar & Stokes.
‘Baltimore—Nelson, Cook & Co.
New York—E. B. Smith & Co., H. P. Taylor
&/Co., R. B. Hathaway & Co.
2Pittsburgh—H. P. Taylor & Co.
‘Wilmington—Laird & Co.
Buffalo—H. P. Taylor & Co.
we
LENAWEE COUNTY GAS & ELECTRIC CO.
yz. Ist & Ref. 5}4s. Due Jan. 1, 1927.—F.
ADated Jan. 1,1912. Interest payable Jan. and
July 1, at Detroit Trust Co., Detroit, Mich.
YAuthorized— $1,000,000.
-$Outstanding—$350,000.
genomination—Coupon, $1,000.
Trastee—Detroit Trust Co., Detroit, Mich.
Redeemable on any interest date at 10234 and
interest.
Sinking Fund provides for the setting apart of a
portion of the earnings each year.
Secured by a first mortgage on plant supplying
gas to Adrian, Mich. Population served, about
12,000. Franchises expire in 1931.
Net Earnings, 2/28/14. a
Unteresty. ice. « sssiesscsueane aiasosenadnnt eee 19,249
Original Market—Offered by First National
Bank of Detroit at par and interest, $250,000 in
Dee. 1912.
Market.
‘Detroit—First and Old Detroit National Bank.
« Chicago—E. T. Konsberg & Co., Elston, Clif-
ford & Co. :
LEOMINSTER, SHIRLEY & AYER STREET
RAILWAY Ist 5s. Due Feb. 1, 1921.—N.
Dated February 1, 1905. Interest payable
February and August 1, at Trustee’s office.
Authorized and Outstanding—$100,000,
Penupiystion—-Goupan, $1,000. Registerable
as to principal.
‘Trustee—Boston Safe Deposit & Trust Co.,
Bost Mass. 3
‘canned Be the Fitchburg & Leominster St.
Ry. Co. ;
Gontrol—Absorbed by the Fitchburg & Leo-
minster St. Ry. Co. which operates 34 miles of
street and interurban railway, including the street
railways in Fitchburg, Mass. :
Secured by a first mortgage on 12 miles of road
from Leominster to Ayer, Mass. Population
437
served by this line, 27,000.
perpetual.
et Earnings, 6/30/14..........
Interest and taxes....... Re CAG
Market.
New York—Blodget & Co.
LEROY & CANEY VALLEY AIR LINE RAIL-
ROAD CO. Ist 5s. Due July 1, 1926.—N.
See Map 78.
Dated July 1, 1886. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$10,000 per mile.
Outstanding—$520,000 (Closed morkgo i):
Denomination—Coupon, $1,000. rincipal
may be registered.
Control—Absorbed by the Missouri Pacific Ry.
Franchises are
$108,570
79,180
0.
e Assumed by the present Missouri Pacific Ry.
O.
Secured bv a first mortgage on the (4) 52 miles
of road from Roper to Peru Ject., Kan. ne
Underlies—$32,000,000 Mo. Pac. 1st & Ref. 5s
of 1959.
Legal for Cal. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—F. J. Lisman & Co., Samuel Gold-
schmidt.
LEWISTON & AUBURN ELECTRIC LIGHT
CO. ist 5s. Due June 1, 1939.—N.
Dated June 1, 1909. Interest payable June
and Dec. 1, at Trustee's office.
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest any interest
date on 30 days’ notice. Ma
Organization and Control—Incorporated in
Maine in 1884. Absorbed in 1914 by the Andros-
coggin Electric Co. >
Secured by a first mortgage on hydro-electric
plant and four water powers on the Androscoggin
and Little Androscoggin Rivers, and distribution
systems, supplying electricity in Lewiston and
Auburn, e., and vicinity. Franchises are
perpetual. Population served, 45,000.
Original Market—$1,200,000 offered July,
1909, at 102 and interest by Jose, Parker & Co.,
Boston, Mass.
Market.
Boston—Hayden, Stone & Co., L. Sherman
Adams, Burgess, Lang & Co.
Portland, Me.—G. H. Gilman & Co., E. L.
Wengren & Co.
New York—F. H. Hatch & Co., Berdell Bros.,
Gude, Winmill & Co.
LEWISTON, AUGUSTA & WATERVILLE
STREET RAILWAY ist & Ref. 5s. Dae
April 1, 1937.—F.
Dated April 1, 1907. Interest payable April
and Oct. 1.
Authorized—$5,000,000.
Outstanding—$1,700,000.
Deposited as Collateral—$695,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 1074 and interest.
Organization and Control—Incorporated in
Maine in 1902. Practically all the common
stock owned by Cumberland Co. Pow. & Lt. Co.
Secured by a first mortgage on 61 miles of
track and mortgage on remaining 100 miles.
The company operates city and interurban lines
extending from the coast at Bath through the
central portion of the State of Maine, serving
all of the important cities in the State except
Portland. Franchises, for the most part, perpetual.
Population served, 125,000. Company also’owns
power plants and 70 miles of transmission lines.
Prior Liens—$1,345,000 bonds of merged com-
panies.
Underlies—$500,000 notes, due May 1, 1915.
Net Earnings, 12/31/14......... $209,1
Interest......6...00 ee ise FEES 186,417
Market.
Poxten—F W. Mason & Co., L. Sherman
ams. :
Philadelphia—S. K.. Phillips, E. W. Clark
& Co., Geo. N. Fleming.
New York—F. H. Hatch & Co.
Bango—L. C. Tyler & Sons Co., Inc.
LEWISTON, BRUNSWICK & BATH STREET
' RAILWAY ist 5s. Due March 1, 1918.—N.
Dated March 1,1898. Interest payable March
and Sept. 1, at ‘State Trust Co., Augusta, Me." °
Authorized—$1,000,000. . i
Outstanding—$845,000 (Mortgage closed).
Denomination—Coupon, $500 and $1,000.
Registerable 4s to principal.
Trustee—State Trust Co., Augusta, Me.
Control—Absorbed by Lewiston, Augusta &
Waterville Street Ry. Co., for description of
bea property and earnings see 1st & Ref. 5s,
above. | é v3
Secured by a first mortgage on 55 miles of
electric railway, including all of the street rail-
ways in Bath, Me., interurban line from Lewiston
to Brunswick, ‘and other lines. Population
served by these lines, Bath, 10,000; remaining
territory, 35,000.
Underlies—$1,700,000 Lewiston, Augusta &
Waterville 5s.
Earnings—See L., A. & W. 5s above. Interest
requirement for this issue, $96,650...
Market. a
Boston—F. W. Mason & Co., C. E. Denison &
Co., H. C. Spiller & Co., L. Sherman Adams.
New York—F. H. Hatch & Co.
LEWISTON-CLARKSTON IMPROVEMENT
CO. Ist 6s. Due March 1, 1925.—F.
Dated March'1, 1910. ‘Interest payable: March
land Sept. 1, at Spencer Trask & Co., New York.
Authorized—$800,000.
Outstanding—$600,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal.
' Trustee—Union Trust Co., Spokane, Wash.
_ Redeemable at 103)4 and interest on any
interest date. Les
Sinking Fund—$50,000 annually,- beginning
March 1, 1915, plus 40% of the proceeds from
the sale of lands and water rights.
‘Organization—Incorporated in Washington
in 1910.
Secured by a first mortgage on two hydro-
electric and two auxiliary steam generating
plants, 54 miles of transmission line and local
distributing systems in Asotin and Clarkston,
Wash., and Lewiston, Idaho, and on 3,400 acres
of land, with water rights, in and around Clark-
ston, Wash., and on plants supplying water in
Clarkston and Lewiston. Also supplies current
to local electric companies in Uniontown, Colton
and Pullman, Wash., and Genesee and Moscow,
Idaho. Population of towns served directly,
10,000, of towns served indirectly, 9,000.
Franchise for water in Clarkston is perpetual.
Electric franchise expires in Clarkston and Asotin
in 1961 and in Lewistown in 1936.
Net Earnings, 12/31/13...... cee. =©§$80,519 ©
Interest 2303 cas ganasss teeeesees 40,282
Original Market—First offered in 1910 by
and
Spencer Trask & Co., New York, Boston, etc.,:
at 100 and interest.
Market.
New York—Spencer Trask & Co., Bigelow &
Co., Rauscher & Childress.
LEWISTON GAS LIGHT CO. 1st 4s.
April 1, 1924.—N.
Due
Dated April 1,.1899. Interest pevabie April
and Oct. 1, at Portland Trust Co., Portland, Me,
Authorized—$400,000.-.;-,. .
Outstanding—$200,000.
Denomination—Coupon, $1,000. ‘
Trustee—Portland Trust Co., Portland, Me.
Sinking Fund—$2,000 per annum. |
Organization—Incorporated in Maine in 1853,
Secured by a first mortgage on plant. supplying
gas to Lewiston and Auburn, Me. ranchises-
perpetual. Population served; 43,000. « ..
-Net Earnings, 12/31/14..... reese $37,607
Interest and Sinking Fund....... 10,000
Market. igs
Portland, Me.—H. M. Payson & Co.
LEXINGTON & BOSTON STREET RAILWAY
1st 414s. Due April1, 1920.—N.
Dated April 1, 1900. Interest payable April
and Oct. 1, at Beacon Trust Co., Boston.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Beacon Trust Co., Boston.
Redeemable at 105 and interest.
Control—Absorbed by Middlesex & Boston
St. Ry., a subsidiary of the Boston Suburban
8 5
Gecured by a first mortgage on 27 miles of
street railway (32 miles of track) from Arlington
through Waltham, Woburn, Bedford and Lex-
ington to Concord, Mass. Population served,
70,000. These towns are all adjacent to Boston.
Net Earnings, M. & B.S. Ry. Co. —
6/30/14...... 460s. : ~ $248,701
‘Interest......5 ae 163,406
Dividends a haleretiy hy
Original Market—Offere
Co., Boston, Dec., 1900. .
- Market. - :
Boston—Adams & Co., N. W. Harris & Co.,
ne. ‘ ; i
New York—Harris, Forbes & Co.
Chicago—-Harris Tr. & Savgs. Bk.
y
€
AVENUE & PAVONIA FERRY
RAILROAD CO. ist 5s. Due Sept. 1, 1993.
Dated August 24, 1893. Interest payable
March and Sept. 1, at New Yorks: *?
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000 and multiples.
Trustee—Central- Trust Co., New York. —
Assumed by the New York Railways Co. : -
Control—Absorbed by the New York Rys. Co.
which is controlled by the Interborough-Metro-:
politan Co. ae
Secured by a first mortgage on approximately
six miles of electric street railway in the City of
New York, from 42nd St. on Lexington Ave.to:
131st St. and from Lexington Ave. on110th St..
to St. Nicholas Ave. to Manhattan Ave. to the
Hudson River at 130th St.’ Franchise-perpetual.
Underlies—$47,000,000 New York Railways
Co. 1st Real Estate & Ref. 4s of 1942 and Adj.
Inc. 5s of 1942.
_Net Earnings, N. Y. Rys. Co.
LEXINGTON
G}/ SOA ricci ay wecniavenase ee caters $4,442,959*
Unterestisccicicvecaes soared eyes. 3,346,393
Rentals, gccciasien c sariaceaw sare 2,048,122
Interest on income bonds.... 2,884,090
This issue. a-o i055 « iessiaie aoe some 450,034
*Compares with $5,159,040 in 1912-13.
Listed on the New York Stock Exchange.
Market. ;
New York—Paterson & Co., Leonard F. Hep-
burn, Wolff & Stanley, Proctor & Borden, J. S.
Bache & Co., Knauth, Nachod & Kuhne, Blodget
& Co., Tobey & Kirk, Foster & Adams, Bigelow
& Co., Pouch & Co., Wm. A. C. Ewen, Newborg
& Co., Post & Flagg, E. H. Rollins & Sons,
L. A. Norton, Moore, Leonard & Lewis, Season-
good & Haas, Leonard Snider & Co., Jones &
438
Lanman, McGeorge & Vanderhoef, Hendricksen
& Co., C. H. Hensel,
Philadelphie—E. W W. Clark & Co.’
LEXINGTON HYDRAULIC & MANUFACTUR-
ING CO. Ist 5s. Due each Oct. 1st as fol-
lows: $10,000 1916 to 1920, $15,000 1921 to
1925, $20,000 1926 to 1930, $25,000 1931 to
1935 and $1,650,000 Oct. 1, 1936.
Dated October 2, 1911. ‘Interest payable
April and Oct? I, at Continental & Commercial
Trust & Savings *Bank, Chicago.
Authorized—$2,000,' 600.
Outstanding—$800,000 hs
Denomination—Coupon, $100, $500 and $1, 000.
Registerable as to principal: a
Trustees—Continental .Commercial Trust
& Savings Bank and ee H. Jones, Chicago.
Redeemable at 10234 and interest on any
interest date, on four weeks’ notice..
qorsanization—Incorporated sin Kentucky in
Secured by a first mortgage on plant supplying
water in Lexington, Ky. The company controls
the only available water supply in the vicinity
of Lexington, and has a contract with the city
extending to 1935, Population served, 40,000.
The city has the right to purchase the plant on
January 1, 1915 or on the expiration of any five
ear eriod thereafter, at a price to be determined
jy three impartial hyoraulic engineers.
Net Earnings, 4/30/12...,.......
pe Cc ee eee Sere ere 40,000
Original Market—$431,700 offered in June,
1912, by E. H. Rollins & Sons, New York, at
100 and interest.
arket.
New York—E. n “Rollins & Sons, S. L.
Snowden.
Chicago—Stanwood, Taylor & Co. .
LEXINGTON RAILWAY CO. Ist 5s. Due
June 1, 1949.—F.
Dated June 1, 1899. Interest payable June
and Dec. 1, at Baltimore. ei
Authorized—$1,500,000. ;- “
Outstanding in hands of’ public—91, 396,000.
Held in Sinking Fund—$104,
‘Denomination—Coupon, -$1, O00,
as.to principal. -
Trustee—The Continental Trust Co.,Baltimore.
Redeemable for sinking fund at 110 and interest
upon four weeks’ notice. ~. ;
Sinking Fund—Annually ‘beginning ‘June 1,
1% of bonds outstanding are to be retired at not
exceeding 110 ‘dnd interest. Bonds so_ ac-
quired to be held alive in the sinking fund and
interest added thereto.
Control—Absorbed by the Kentucky Traction
& Termiral Co., which is controlled through
ownership of its entire capital stock by the Ken-
tucky Securities Co. In 1909 the Lexington Utili-
ties Co. was incorporated to take over the ice and
electric business. formerly operated by the Lex-
ington Ry. Co., as the Kentucky Legislature
passed a Bin prohibiting a common carrier from
engaging in any other business.
Secured by a first mortgage on the principal
EE art of the 15 miles of street railway in Lexington
y., and a second mortgage on the ramainder
subject to a small underlying lien, due in 1916,
Also secured on the ice manufacturing plant and
plant supplying the city with-electricity and on
gas plant now owned by the Lexington Utilities
Co. The gas mains are leased to the Kentucky
Natural Gas Co. Population served, 40,000.
Franchises perpetual.
‘ are Lien—#3,000 Pass. & Belt Ry. 6s of
916
Underlies—$2,247,000 Ky. T. & T. 5s.
Net ae Ky.” T. & T. Co.
“Registerable
C/BO/ NE. icovcs- aca ais oa sotintciern a 4s $372,144
Interest and taxes. 215,554
ThISMS8UC):4-6 scenes ae peda ses 103,204
ue on the Baltitnore Stock. Exchange.
Original Market—-$737,000 offered at 100 and:
interest in 1899, by ‘Middendorf, ’ ‘Oliver & Co.,
(now Middendorf, Williams: & Co.), Baltimore.
Market. .
Philadelphia—Chandler' & Co., S. K. Phillips.
Baltimore—Baker, Watts & Co., Jenkins,
Whedbee & Poe, Mackubin, Goodrich & Co.
H. R. Taylor & Co., Hambleton & Co., Walter
Koppelman, Townsend Scott & Son,” Smith,
Lockhardt & Co.. ~
LIGGETT & MYERS TOBACCO. co.
7s. Due Oct. 1, 1944.—
Dated December 1, 1911. ‘Interest: payable
April and Oct. 1, at Trustee’s office.
Authorized—$15,507,800.
Cee ae 144, 400...
Retired—$363,9:
Denomination Coupon 31, 000 and $5,000,
Registerable as to principal. Registered, $50,
$100, $500, $1,000, $5, 5,000, $10,000, $50,000 and
$100,000. C.& R. interchangeable.
Trustee—Guaranty Trust Co., N. Y.
Sinking Fund—Annually in January, $150,000
per annum for the purchase of bonds at not
exceeding 130 and interest. If bonds are not
purchasable within a year, payment reverts to
company.- fae
Organization—Incorporated in New Jersey
in 1911. In compliance with.the plan of dissolu-
tion of the American Tobacco. -Co., approved by
the U.S, Circuit Court, in accordance with the
decree of ‘tits ‘Supreme Court. There were con-
veyed to is .company factories, for the manu-
facture of cigars, SA and tobacco in St.
Louis, Mo.; nd, ‘Va.; ‘Chicago, Ill.; New
Orleans, La.; Durham, N.'C.; Phila elphia, Pa.,
and Wilmington; Del., and either the entire issues’
or a large majority of the stocks of companies
owning factories in Chicago, San Francisco,
Toledo, Ohio, and Louisville, Ky. The gross
output.of these Ye lt in 1910 was in excess of
$54,000,000. t was estimated that the
plane of this company were producing the fol-
lowing Oat y seat of all tobacco manufactured
in the United States in 1910:
Deb.
Volume Value
Cigarettes......... ‘ oh aye 21.08%
‘ Smoking Tobacco... oe ne ATI
Plug Tobacco........ as. 133 37.84
Fine Cut Tobacco. 41. 61% 36.26%
Little Cigars...... S... 48.78% 38.69%
$293.25 of these bonds, $206. 78 similar bonds
of the P. Lorillard Co. and $600 cash were offered
in exchange for each $1,000 6% bond of the
American Tobacco Co.
Security—These bonds are a direct obligation
of the company ‘but not secured by a mortgage.
The company imposes a charge in favor of the
Trustee upon all its~property and present and
future net income for the benefit of first, these 7%
bonds, and second, the 5% bonds, and further
covenants that it will not mortgage its property,
business, or income, nor create any specific
charge upon its earnings, without expressly
recognizing and confirming these bonds as prior
lien claims.
Underlies—$15,059,600 5s.
Net Earnings, 12/31/14. . .» $7,231,161
Interest... 0... cc eee eee eee 1,810,965
Listed on the New York Stock Exchange.
Market.
New York—Seasongood & Haas, Frank H.
Main, Curtis & Sanger, Alfred Mestre & Co.,
Low, Dixon & Co., Beyer & Co.
Boston—Edgerly & Crocker.
LIGGETT & MYERS TOBACCO CO. Deb. 5s.
Due Aug. 1, pel 5
Dated December 1, 1911.
Feb. and Aug. 1, at Trustee’s office.
Authorized and Outstanding—$15,059,600.
Denomination—Coupon, $1,000 and $5,000.
cnet payable
439
Registerable as to principal or fully registerable.
Registered, $50, $100, $500, $1,000, :$5,000
$10,000, $50,000, $100,000. Registered bonds of
pew and $5,000 may be converted into coupon
onds.
Trustee—Guaranty Trust Co., New York. .
Organization, Security and Earnings—See
Deb. 7s above. $293.25 of these bonds, $206.75
of similar bonds of the P. Lorillard Co. and $600
in cash were offered in exchange for each $1,000
4% bond of the American Tobacco Co. and the
Consolidated Tobacco Co.
Prior Liens—$15,144,400 Debenture Gold 7s,
due 1944. .
Listed on the New York.Stock Exchange.
. Market. .
New York—Crawford, Patton & Cannon,
Alfred Mestre & Co., Low, Dixon & Co., Beyer
& Co., Geo. H. Burr & Co.
St. Louis—Bowman, Cost & Co.
LIMA (O.) ELECTRIC RAILWAY & LIGHT
CO. 1st Cons. 5s. ue July 1, 1916.—F.
Dated July 1, 1900. Interest payable Jan.
and July 1, at Cleveland Trust Co., or Guaranty
Trust Co., New York.
Authorized—$500,000.
Outstanding—$260,000.
Denomination—Coupon, $500.
as to principal.
Trustee—Cleveland Trust Co., Cleveland.
Organization and Control—Incorporated in
Ohio in 1900. All of the stock is owned by and
the property leased to the Ohio Electric Ry. Co.
Secured by a second mortgage 12 miles of
street railway in Lima, Ohio, and plants supplying
electricity and steam heat in that city. Popula-
tion served, 35,000.
Prior Liens—$105,000 Lima Ry. Co. 1st 6s,
1916; $25,000 Lima Electric Light & Power Co.
Ist 5s, 1917. ’
Underlies—$870,000 Lima Electric Ry. &
Light Co. 2nd Cons. 5s, 1925, which provide for
retirement of this issue; and Ref. 5s, 1925.
. Market.
New York—Wolff & Stanley, S. L. Snowden.
Philadelphia—Oscar R. Dare.
Registerable
LIMA (O.) ELECTRIC RAILWAY & LIGHT
CO. 2nd Cons. 5s. Due April 1, 1925.—F.
Dated April 1, 1902. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$850,000.
Outstanding—$350,000.
Denomination—Coupon, $1,000.
as to principal. Z
Trustee—Fidelity Trust Co., Buffalo, N. Y.
Organization and Control—See Consol. 5s
abe ba b er
jecure y a third mortgage on property
described under Consol. 5s above. -
Prior Liens—$390,000 Lima Ry. Co. 1st 5s,
1916; Lima Electric Light & Power Co. 1st 5s,
1917; and Lima Electric Ry. & Light Co. 1st
Cons. 5s, 1916.
Underlies—$520,000 Lima Electric Ry. &
Light Co. Ref. 5s, 1925.
Registerable
LIMA, FINDLAY & TOLEDO RAILWAY CO.
1st 5s. Due July 1, 1925.—F.
Dated April 1, 1905. Interest payable Jan.
and July 1, at Trustee’s office or First National
Bank, New York.
Authorized—$600,000.
Outstanding—$368,0C0.
Retired by Sinking Fund—$32,000
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Citizens’ Savings & Trust Co.,
Cleveland.
Redeemable at 105 and interest on any interest
date.
Sinking Fund—$10,500 annually beginning
4 Registered
May 1, 1911, for purchase or redemption of bonds
at not to exceed 105 and interest.
Organization and Control—Incorporated in
Ohio. All of the stock is owned by the Western
Ohio Ry. Co. Practically the entire capital stock
of that company is owned by and the road leased
to the Western Ohio Railroad Co., at a rental
equivalent to interest, taxes and dividends on the
preferred stock.
Secured by a first mortgage on 32 miles of
interurban railway from Lima to Findlay, Ohio,
forming part of a through route between Dayton
and Cleveland and Toledo. Population served
by line covered by this mortgage, 54,000. Read
is built on private right-of-way. .
Net Earnings, W. O. Ry. .Co.,
6/30/14............4. ec anecreCin $249,321
Interest......... sc sauayaabemsea sea iaiteke 162,360
Listed on the Cleveland Stock Exchange.
Original Market—First offered by S. D.
Loring & Son, Boston, Mass., at par and interest.
Market.
Cleveland—Otis & Co., Hayden, Miller & Co.,
C. E. Denison & Co., Borton & Borton.
Philadelphia—S. K. Phillips.
Wheeling—Geo. W. Baron. 1
New York—Kirkpatrick & Lewis.
LIMA LOCOMOTIVE CORP. Ist S.
Due May 1, 1932.—F.
Dated July 1, 1912. Interest payable May
and Nov. 1, at New York.
Authorized—$2,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 110 and interest on any interest
ate.
Sinking Fund—Beginning with $50,000 per
annum in 19138 and increasing to more than
$130,000 per annum, payable semi-annually,
from Nov. 1, 1913,or the purchase or redemp-
tion of these bonds:at not over 110 and interest,
Bonds so redeemed to be held alive and interest,
added to sinking fund.
Organization—Incorporated
F. 68
in Virginia in
Secured by a first mortgage on the plant of the
company covering about 23 acres at Lima, Ohio
and on 20 acres adjoining, on which will be erected
extensions to the present plant, which will in-
crease the capacity of the plant from an output of
850 locomotives annually to about 900 locomo-
tives per annum.
Net Earnings, After depreciation
AITO oes petssamies cueaeways $257,500
Original Market—$2,000,000 offered in July,
1912, by Redmond & Co., New York, at par
and interest. Also offered by E. W. Clark & Co.
and Graham & Co., Philadelphia.
Market. .
. New York—Redmond & Co., Robinson & Co.,
Folsom & Adams, Adams & Co., C. H. Jones &
‘Oo. ne
Baltimore—Strother, Brogden & Co., Alex.
Brown & Sons, Smith, Lockhardt & Co., Midden-
dorf, Williams & Co., Jenkins, Whedbee & Poe.
Boston—Adams & Co., Hayden, Stone & Co.
Philadelphia—Chandler & Co., E. W. Clark
& Co., Robinson & Co.
St. Louis—Francis Bros. & Co.
LIMA TELEPHONE & TELEGRAPH CO.
Ist 5s. Due June 1, 1921.—F.
Dated June 1, 1901. Interest_payable June
and Dec. 1, at Cleveland Trust Co., Cleveland,
Ohio and Seaboard National Bank, New York.
Authorized—$150,000.
Outstanding—$130,000.
Held in Treasury—$10,000.
Denomination—Coupon, $1,000.
Trustee—Cleveland Trust Co., Cleveland, O.
Redeemable after 1915 at 105 and interest.
440
Secured by a first mortgage on independent
telephone system in Lima, Ohio, and vicinity.
Population served, 31,000. Number of stations,
4,600. Franchise perpetual.
Net Earnings, 12/31/14 $46,735
Interest 6,500
Market.
Chicago—Hulburd, Warren & Chandler.
LINCOLN GAS & ELECTRIC CO. Ist Cons. 5s.
Due Dee. 1, 1941.—N.
Dated Dec. 1, 1901. Interest payable June
and Dec. 1, at H. L. Doherty & Co.
Authorized—$1,500,000.
Outstanding—$796,000.
Deposited as Collateral—$400,000.
Denomination—Coupon, $100 and $1,000.
Management—Doherty Operating Co.
Secured by a first mortgage on electric plant
supplying large part of electricity in Lincoln,
Neb. and a second mortgage on plant supplying
that city with gas. Franchises are perpetual.
Population served, 51,000.
Prior Liens—$333,000 Lincoln Gas Co. Ist
6s, matured in 1911, extended to Sept. 1, 1914
and deposited as security for $500,000 notes
due Aug. 1, 1914.
Net Earnings, 11/30/11.......... $151,996
BOIS a sis Casino eed ais wakes
Market. :
6 Boston—H. L. Nason & Co., F. W. Mason &
0.
New York—McGeorge & Vanderhoef, H. L
Doherty & Co., Newborg & Co., F. H. Hatch &
Co., Howe, Norris & Co., Gustavus Maas,
Lamarche & Coady, Didrichsen & Co.
Omaha—Burns, Brinker & Co.
LINCOLN GAS & ELECTRIC CO. 6% Notes.
Due July 1, 1917.—F.
Dated July 1, 1914. Interest payable Feb.
and Aug. 1, at H. L. Doherty & Co., New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000.
Trustee—Empire Trust Co., New York.
Secured by deposit of $333,000 Lincoln Gas
Co. 1st 6s, extended to 1914, which are secured
by a first mortgage on the plant supplying gas
to Lincoln, Neb., and also on $400,000 Lincoln
G. & E. 1st Cons. 5s.
Fer further details of property see 1st Cons.
5s above.
Original Market—Offered in 1914 by A. B.
Leach & Co., New York.
Market.
New York—H. L. Doherty & Co., A. B. Leach
& Co., Lamarche & Coady.
Detroit—Security Trust Co.
ae City Bank, Central Trust
0.
LINCOLN PARK & CHARLOTTE RAILROAD
CO, 1st 5s. Due Jan. 1, 1939.—N.
See Map 14.
Dated January 1, 1889. Interest payable Jan.
and July 1, at A. Iselin & Co., 36 Wall Street
New York.
Authorized and Outstanding—$350,000.
Denomination—-Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Union Trust Co., New York.
Guaranteed principal and interest by Buffalo,
Rochester & Pittsburgh Ry. Co. by endorsement.
Control—Absorbed by the Buffalo, Rochester
& Pittsburgh Ry. Co. «= ise :
Secured by a .first mortgage on (6) 10 miles of
road from Lincoln Park, near Rochester to _Char-
lotte, N. Y. on Lake Ontario, from which pointa
ear ferry service is operated to Coburg, Ontario,
iene by this company and the Grand Trunk
y. Co.
Underlies—$10,732,000 B., R. & P. Cons. 4 Ws.
Bonds are reserved under that mortgage to
retire this issue.
441
ioral tor Cal., Fla., Me., Mich., Minn., N. H.
and N.
New York—Gude, Winmill & Co.
LINCOLN TELEPHONE CO. ist 6s. Due Dec.
» 1923.—N: |
Dated December 1, 1903. Interest payablo
June and December 1, at Trustee’s office.
Authorized—$650,000.
Outstanding—$551,000.
Denomination—Coupon, $200, $500 and $1,000.
Registerable as to principal.
Trustee—Central Trust Co. of Illinois.
Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in Nebraska in
Secured by a first mortgage on independent
telephone system in Lincoln, Neb., and a second
mortgage on system in_22 counties in the south-
western part of Nebraska. Operates 92 ex-
changes serving a population of 450,000. Fran-
chise in Lincoln expires in 1953.
Prior Liens—$108,800 bonds of controlled
and absorbed companies.
Net Earnings, 12/31/14........... $568,405
Interest and dividends........... 355,138
Market.
Chicago—Hulburd, Warren & Chandler.
St. Louis—Little & Hays Invest Co.
Omaha—Burns Brinker & Co.
LINCOLN TRACTION CO. Ist 5s.
March 1, 1939.—F.
Dated March 1, 1909. Interest payable Jan.
and July 1, at New York Trust Co., New York.
Authorized—$1,500,000.
Outstanding—$1,178,000.
Held in Treasury—$62,000.
Trustee—New York Trust Co., N. Y.
we in Nebraska in
Due
Secured by a first mortgage on a large part of
the 55 miles of street railway, in and around
Lincoln, Neb. and a second mortgage on the re-
maining part. Population served, 60,000.
Prior Liens—$250,000 Lincoln Traction Co.
1st 5s, 1920.-
Net Earnings, 6/30/14........... $312,765
Interest ..252 eva cia6 Seiwes Fees 70,283
Legal for Me. and R. I.
Original Market—Offered by McCoy & Co.,
Chicago.
Market.
New York—F. H. Hatch & Co., J. K. Rice, Jr.,
& Co., EB. & C. Randolph, S. L. Snowden.
Chicago—MeCoy & Co., Hulburd, Warren &
Chandler.
LINDELL RAILWAY CO. Ist Ext. 44s. Due
Aug. 1, 1921.—F.
Dated Aug. 1, 1891, (Originally 5s, due Aug. 1,
1911, but extended at 444%). Interest payable
Feb. and ane 1, at North American Co., New
York and St. Louis Union Trust Co., St. Louis:
Authorized and Outstanding—$1,500,000.
Denomination—Coupon and registered, $1,000.
‘Trustee—Bankers’ Trust Co., New York.
Redeemable at any time.
Control—Absorbed by United Rys. of St.
Louis.
Secured by a first mortgage on 39 miles of
street railway track in St. Louis, Mo.
Underlies—$41,000,000 St. Louis
and United Rys. of St. Louis 5s and 4s.
_ Net Earnings, 12/31/14....... $3,126,296
Interest ¢4i2 gan nv acwecern yet 2,618,256
Listed on the St. Louis Stock Exchange.
Market.
Baltimore—Alex. Brown & Sons, Walter
Koppelman, Baker, Watts & Co., Owen Daly &
ou Jenkins, Whedbee & Poe, J. S. Wilson, Jr.,
0.
Philadelphia—Penington, Colket & Co.
Transit
St. Louis—Francis Bro. & Co., Mercantile
Trust Co., Altheimer & Rawlins Invest. Co.
= ne York—Tobey & Kirk, Penington, Colket
oO.
LINN & LANE TIMBER CO. Ist 6s. Due
$50,000 semi-annually on June 1 and Decem-
ber 1, to June 1, 1926 and $75,000 thereafter
to June 1, 1927.—F.
Dated June 6, 1910. Interest payable June 1
and Dec. 1, at Union Trust Co., Chicago.
In November, 1914, Lyon, Gary & Co. were
advised that C: A. Smith would’ be unable to
meet the interest and principal payment due
Dec. 1 on these bonds. Lyon, Gary & Co.
offered to organize a syndicate to purchase the
land covered by this mortgage at a price in
excess of the bonds outstanding, but as the
property could not be conveyed free of the lien
of_another issue of bonds_as a second mortgage,
this arrangement could not be made. Lyon,
Gary & Co. then offered to pay off interest and
installment of principal, due on Dee. 1, 1914,
but holders of bonds were notified that the pay-
ment was made by the bankers, and that the
bonds were actually in default.
Authorized—$1,500,000.
Outstanding—$1,350,000.
Retired—$150,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Tenetees-—Union Trust Co., Chicago, and F.
H. Rawso:
Redeemable at 10214 and interest, on 90 days’
notice.
Sinking Fund—$2.50 per 1,000 feet to be paid
before timber is cut.
Guaranteed as to principal and interest by
So eee by Chas. A. Smith, Minneapolis
inn.
Secured by a first_ mortgage on 70,000 acres
of timber land in Lane, Linn, Coos, Curry,
Douglas and Lincoln Counties, Oregon, with an
estimated stumpage of 4,351,450,000 feet; also
eovers lumber plant valued at $200,000.
Underlies—$1,500,000 bonds, C. A. Smith
Lumber Co. 6s, due 1915.
Original Market—$1,500,000 offered July,
1910, at par and interest by’ Lyon, Gary & Co.,
Chicago, Wm. A. Read & Co., New York, Boston,
etc., and A. G. Edwards & Sons, St. Louis and
New York.
SIREN
Chicago—Lyon, Gary &
New York—Wnm. A. Read - Ce
LITCHFIELD & MADISON RAILWAY Ist 5s.
Due Nov. 1, 1934.—F.
See Map 23.
Dated Nov. 1, 1904. Interest payable May
and Nov., at Central Trust Co., New York,
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Organization—lIncorporated in Illinois in 1900.
Secured by a first mortgage on (7) 44 miles of
railroad from Litchfield to Madison, Ill. The
company has trackage rights to a connection with
the road of the Terminal Assoc. of St. Louis.
These bonds are outstanding at the rate of
$22,700 per mile.
Net Earnings, 6/30/13 $77,281
Teblrsis Green suh. ge Ryethagessn ee gaara 57,3874
Market.
Interest
z now York—F. J. Lisman & Co., F. H. Hatch
oO.
Chicago—Wollenberger & Co.
LITTLE FALLS & DOLGEVILLE RAILROAD
co. ne ae Due July 1, 1932.—.
See Map
Dated Baie 1, 1902.
Interest payable Jan.
and July 1, at American Exchange National Bank,
ork.
Authorized and Outstanding—$250,000.
wo $100, $500 and
rusty Taito States Mortgage & Trust
Co., New York.
Assumed by the New York Central R. R. Co.
Control—Absorbed by the -N. Y. C. R. R. Co.
Secured by a first mortgage on.(16) 10 miles of
road from Little Falls to Dolgeville, N. Y.
Underlies—$307,000,000 N. Y. C. & H. R. R.
Ref. & Imp. 44s, Consol. 4s and other issues.
Legal for Balt., Cal. and Me.
Market.
New York—Gude, Winmill & Co., Foster &
Adams, Coffin & Co., F. J. Lisman & Co., F. H.
Hatch & Co.
Utica—A. James Eckert.
LITTLE MIAMI RAILROAD CO. Gen. (Now
._ Ist) 4s. Due Nov. 1, 1962.—N.
See Map 94.
Dated Nov. 1, 1912. Interest payable May
1 and Nov. Es at Trustee’s_ office or Bank et
America, N. Y
Authorized—$10, 000, oe
Outstanding—$1,070,
Deri teu Coecen. $1,000.
as to principal.
Trustee—Central Trust & Safe Deposit Co.,
Cincinnati.
Guaranteed as to interest by the Pittsburgh,
Cincinnati, Chicago & St. Louis Ry. Co. and
the Pennsylvania R. R. Co., under terms of
ease.
Organization and Control—Incorporated in
Ohio in 1836. $2,415,150 of the $5,000,000
special guaranteed stock and $500 of the $5, 000, -
000 original stock is owned by the P., C., C. & St.
L. Ry. Co. and_ the Pennsylvania Co. The
Little Miami R. R. Co. leases 98 miles of road
from Columbus to Xenia and Dayton to the
Indiana-Ohio State Line, which, together with
the road owned forms the main line of the Pen-
nsylvania System into Cincinnati from the East.
The total length of road operated is 200 miles.
The entire property is leased for 99 years from
1869 to the P., L. Ry. Co., with
ptivilege of renewal into perpetuity, at a rental
of interest, taxes and 8% on the original stock, as
well as dividends at not exceeding 4% on:any
stock which may be issued, in lieu of bonds. |: «
Secured by a first mortgage on (9) 84 miles of
road from Cincinnati to Springfield, Ohio, and
valuable terminals in Hamilton, Ohio. The
company also owns 15 miles of unmortgaged
road from Xenia to Dayton, Ohio, which forms
part of the line over which the fastest trains
of the Pennsylvania system between St. Louis
and the East are operated.
Net Earnings, 12/31/13 $561,372*
Tnterestin:ccceegavnnares avi . _ 220,283
*The actual income under terms of lease was
$780,084.
Original Market—$1, pros 000 offered ‘Feb:
1913 at 97 and interest, by L . von Hoffmann &
Co., New York, and Fifth-Third National Bank,
Cincinnati.
Market.
New York—E. & C. Randolph, Wood, Struth-
ers & Co.
Cincinnati—Fifth-Third National Bank.
LITTLE ROCK & HOT SPRINGS WESTERN
RAILROAD CO. Ist 4s. Due July 1, 1939.
See I Map 78.
Dated aly 1, 1899. Interest payable Jan.
and July 1, at Trustee’ s office and in Philadelphia
Authorized—$20, 000 per mile.
Outstanding—$1,140,000.
Denomination—Coupon, $1,000.
as to principal.
442
Registerable
Registerable
"Trustee—St. Louis Union Trust Co., St. Louis,
Assumed by ne St. Louis, Iron Mountain &
Southern Ry. C
Control—Absorbed by St. Louis, Iron Moun-
tain & Southern Ry. Go.
Secured by a first mortgage on (12) 57 miles of
road from Little Rock to Hot Springs, Ark. The
road from Benton to Little Rock is leased tothe
Choctaw, Okla. & Gulf R. R. Co. These bonds
are outstanding at the rate of a 000 per mile.
Underlies—$25,000,000 St. . & &. 1st
and Ref. 6s, deposited as necinley is $24, 900,000
Mo. Pae. Ry. notes. y
Legal for MESO
Market.
New York—Bigelow & Co.
St. Louis—A. G. Edwards & Sons, Bowman,
Cost & Co., Walter E. Orthwein.
LITTLE ROCK BRIDGE CO.
July 1, 1919.—F.
Dated June 29, 1899. Interest payable Jan.
and July 1, at First {ational Bank, New York.
Authorized ——$375,0
Dumtanding hse
Retired by Sinking Fund—$240,
Denomination—Coupon, $1, 000.”
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable for Sinking Fund at 105 and
nterest at the rate of $20,000 per annum.
Sinking Band Sonua ls beginning June 1,
1903, until June 1, 1918, $20,000 bonds, face
amount, are to be called at 105 and interest;
bends so called to be cancelled.
Assumed by the Choctaw, Oklahoma & Gulf
R. R. Co.
Guaranteed as to interest by the Chicago,
Rock Island & Pacific Ry. Co. under pane of
lease to the Choctaw, Okla. & Gulf R. R. Co.
Control—Absorbed by the C.0.& G.R RR Co.
All of the stock of this company is owned | by-and
the road leased to the Chicago, Rock Island &
Pacific Ry. Co.
Secured by a first mortgage on the bridge
across the Arkansas River at Little Rock, Ark.
Underlies—$5,411,000 Choctaw, Okla. & Gulf
Cons. 58 of 1952
Market.
New York—J. H. Becker & Co.
Philadelphia—Mellor & Petry.
Ist 6s. Due
a eeuteratia
LITTLE ROCK GAS & FUEL CO.
Due November 1, 1937.—F.
Dated January 10, 1918. Interest payable
May 1 and November 1 nee b Erustee' 8 office.
Authorized—$3,000,
Syeda nt
Desoto coieen, $500 and $1,000.
Registerable as to principal.
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable on Nov. 1, 1914, or any interest
date thereafter at 101 and interest.
Sinking Fund—$25,000 per annum, as long as
the company is supplying natural gas.
Organization—Incorporated in Delaware in
Ref. 68
Secured by 2 second mortgage on plant, sup-
plying natural gas in Little eck and Argenta,
Ark. Population served, 65,000.
‘Prior Lien—$250,000 ‘Pulaski Gas Lt. 6s of
T.
Underlies—$287,000 pi benches 6s of 1922.
Net Earnings, 12/31/13 111,844
Trterest oie isasanys oe 9: seativey eso, ova
Original Market—First offered’ “by: Cooke,
Holtz & Co. (now H. T. Holtz & Co.), Chicago.
._ Market.
New York—P. W. Brooks & Co.
Albany—Henry J. Prince,
x
Chica; oan Sitar & Co., E. T. Kons-
berg & Co., H. T. Holtz & Co.
St. Paul—R. H. reir & Co.
443
LITTLE .ROCK JUNCTION RAILWAY CO.
1st Cons. 6s. Due April 1, 1916.—N.
Dated April 1, 1891. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$445 000.
Outstanding—$435, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Guaranteed as to interest by the St. Louis,
Iron Mountain & Southern Ry. Co. under terms
of lease.
Organization and Control—Incorporated in
Arkansas in 1883. All of the stock is owned by
the St. L., I. Mt. & Sou. Ry. Co., which leases
the property for 50 years from.1890 at a rental
equivalent to bond interest.
Secured by a first mortgage on the bridge over
the Arkansas: River at Little Rock, Ark., and
one-half mile of railroad, constituting the ap-
preaches. oe
et.
New York—F. i Lisman & Co., Leonard
Snider & Co.
Lee ROCK (ARK.) RAILWAY & ELEC-
‘RIC CO. 1st 5s. Due April 1, 1933.—F.
Dated April 1, 1903. Interest payable April 1
and Oct. 1, at ‘Trustee’s office.
Authorized—$2, 000,000.
Outstanding—$1, 922, 000.
Held Alive in Sinking Fund—$78,0'
Denomination—Coupon, $1,000.
as to principal.
Trustee—Commercial-Germania Trust & Sav-
ings Bank, New Orleans, La.
Redeemable at 107% ‘and interest on 60 days'
notice.
Sinking Fund—one-half of 1% of outstanding
bonds from July 31, 1908, to 1917, inclusive, and
1% thereafter for the purchase or redemption of
bonds at not exceeding 107}4 and _ interest.
Bonds so acquired to be kept alive and interest
added to sinking fund.
Organization and Control—Incorporated in
Arkansas in 1908. 81% of the common stock
and 80% of the preferred stock is owned by the
American Cities Co., a subsidiary of the United
Gas & Electric Corp.
Secured by a first mortgage on 32 miles of
street railway, of which 10 miles are double-
tracked, comprising the entire system in Little
Rock, Ark., and on plant supplying electricity
in Little Rock and a part of Argenta. Popula-
tion served by railway, 50,000; by electricity,
65,000. Railway franchise expires in 1951, elec-
trie franchises perpetual. The company has
acquired control of water powers on the Ona-
chita River, some 45 miles from Little Rock, and
the erection of a hydro-electric plant is being
considered.
Underlies—$1,601,000 Ref. & Ext. 6s. - -
Net Earnings, 12/31/14 $369,157
Interest..............-. ‘ 178,353
Listed on the New Orleans Stock Exchange.
Market.
New York—W. E. Hutton & Co., Bertron,
Griscom & Co., John D. Curtis & Co.
. New Orleans—Isidore Newman & Sons,
Claude M. Smith & Co.
Philadelphia—Bertron, Griscom & Co.
‘Baltimore—Jenkins, Whedbee & Poe.
LITTLE ROCK (ARK.) RAILWAY & ELEC-
TRIC CO. Ref. & Ext. 6s. Due April 1,
1938.—F.
Dated April 1, 1908. Interest payable April
Gos Oct. aa a Trustee's office or Guaranty Trust
‘0., Ni
‘Authorized —$5, 000,000.
Outstanding—$1, 601,0. 000.
Held in Sinking Fund—$12,000.
Denomination—Coupon, $500
Registerable as to principal.
Revisterable
and $1,000.
Trustee—Bank of Commerce & Trust Co.,
Memphis, Tenn. :
Sinking Fund—One-half of 1% of outstand-
ing bonds annually for purchase or redemption
.of these bonds at a price at which they yield not
less than 414%. Bonds so acquired are to be
kept alive and interest added to sinking fund.
Organization and Earnings—See Ist 5s above.
Secured by a second mortgage on property
described under 1st 5s above.
Prior Lien—$1,922,000 1st 5s. ;
Listed on the New Orleans Stock Exchange.
Market.
Philadelphia—H. F. Bachman & Co., Bertron,
Griscom & Co.
New York—W. E. Hutton & Co., McGeorge &
Vanderhoef, Bertron, Griscom & Co., John
Curtis & Co.
New Orleans—Isidore Newman & Son,
Claude M. Smith & Co.
LOCKPORT & OLCOTT RAILWAY CO. Ist 5s.
Due July 1, 1920.
Dated July 1, 1900. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—-$1,000,000.
Oatstanding—$800,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Guararteed as to principal and interest by the
International Traction. Co.
Control—Absorbed by International Ry. Co.,
which is controlled through stock ownership by
the International: Traction Co., a subsidiary of
the United Gas & Electric Corp.
Secured by a first mortgage on 16 miles of
interurban railway from Lockport to Olcott,
N. Y., of which 12 miles is on private right of
way. ‘Olcott is on Lake Ontario. i
» Underlies—$28,891,000 International Ry. Ref.
& Imp’t 5s and International Traction 4s. Bonds
are reserved under the railway company’s mort-
gage to retire this issue.
Net Earnings, (Int. Ry. Co.),
12/31/14 $2,346,947
Interest and sinking fund...... 1,271,889
Original Market—-$295,000 offered in 1900 by
E. O. MeNair & Co. and John T, Steele, both of
Buffalo, N. Y. Market. :
Buffalo—John T. Steele, J. C. Dann & Co.,
Arthur Batty, Teller & Evers.
New York—Tobey & Kirk, Berdell Bros.
LOCKPORT GAS & ELECTRIC CO. Ist 5s.
Due Feb. 1, 1920.—F.
Dated Feb. 1, 1900. Interest payable Feb.
and Aug. 1, at Equitable Trust Co., New York.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable at 110 and interest.
Control—Absorbed by Lockport Light, Heat
& Power Co. All of the stock of that company
is owned by United Gas & El. Corp. of N. J., and
all of the stock of this latter company is owned
by the United G. & EB. Corp: of Conn.
Secured by a first mortgage a part of the
plants supplying gas and electricity in Lockport,
N. Y. Population served, 20,000. Franchise
expires in 2005.
Underlies—$450,000 Lockport L., H. & P. Co.
Ast & Ref. 5s. Bonds reserved under that
mortgagé:to retire this issue. :
-' Net Earnings, 12/31/14
Interest... 54,655
This issue 32,155
Original Market ffered by Mills & Blanch-
ard, Boston, and Flagg & Worcester, New York.
at 102 and interest in Jan., 1900.
arket.
New York—Bertron, Griscom & Co., Kirk-
patrick & Lewis.
Buffalo—Teller & Evers.
. $67,425
LOCKPORT LIGHT, HEAT & POWER CO.
1st & Ref. 5s. Due Jan. 1, 1938.—F.
Dated January 1, 1908. Tax exempt in New
York State. Interest_payable Jan. and July 1,
at New York Trust Co., New York.
Authorized —$750,000,-. .
Outstanding—$450,000.
.Denomination—Coupon, $500 and $1,000.
Registerable as to principal. :
Trustee—New York Trust Co., New York.
Redeemable at par and interest on any interest
date on four weeks’ notice. 3
Organization and Control—Incorporated in
New York in 1907. For Control see L., G.&
E. 1st 5s above. -
Secured by a first mortgage on a part and a
second mortgage on the remaining portion of
the plants supplying gas and electricity in
Lockport, N. Y. Population served, 20,000.
Franchise expires in 2005.
Prior Liens—$300,000 Loekport Gas & Elec-
tric Light Co. Ist 5s, due February 1, 1920, to
retice which bonds of this issue have been re-
served. 5
Earnings—See L. G. & E. 1st 5s above.
Originai Market.—First offered by Bertron,
Griscom & Jenks) now Bertron, Griseom & Co.)
New York and Philadelphia.
Market.
New York—Bertron, Griscom & Co, Gude,
Winmill & Co.
Boston—H. L. Nason & Co.
Buffalo—Teller & Evers.
THE LOCOMOBILE CO. OF AMERICA Ist
. F. 63s. Due June 1, 1922.—F.
Dated June 1, 1912. Interest payable June
and Dec. 1, at Spencer Trask & Co., New York.
Authorized —$1,500,000.
Outstanding—$1,176,000. ie
Retired by Sinking Fand—$324,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. 2
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
date on 60 days’ notice. on
~ Sinking and Reserve Fand—Annually begin-
ning June -1, 1913, $150,000.’ Of this-amount
$100,000 is obligatory and must be paid to the
Trustee. The remaining $50,000, or any part
thereof, is only to be paid if earned. If any
part of the remaining $50,000 is not earned and
paid during any one year, the unearned balance
shall be added to the sinking fund of the following
year, or years, to be paid as earned. If, any
dividends are paid on any class of stock other than
the $1,500,000 preferred, the company shall pay
an amount equal to one-half of such dividends to
the Trustee, the money to be used to create a
reserve fund of $250,000, and to maintain the
same as provided in the mortgage. After the
reserve fund has been provided for, such pay-
ments shall be used as a further sinking fund for
the purchase of First Mortgage 6% bonds, or for
new property or improvements of a permanent
nature. The reserve fund will be available to
meet interest and sinking fund payments under
the mortgage, if current earnings should he at
any time insufficient, but shall not be used for
any other purpose without the consent of Spencer
Trask & Co. Bonds may be purchased for ac-
count of the sinking fund by advertising - for
tenders at not over 105 and interest, but if not
obtainable at 105 and: interest or less, shall, be
drawn by lot. All bonds acquired-by the sinking
fund aretobecancelled. _ . He Ba
Organization—Incorporated in West Virginia
in 1899.
Secured by a first mortgage on the plant at
Bridgeport, Conn., where the company is. en-
gaged in the manufacture of high-grade auto-
mobiles, and on all of the property of the.com-
pany, except real estate in New York City, on
which these bonds are secured by~ a second
444
mortgage subject to $151,000 real estate mort-
gages... The company has branch offices in
twelve of the leading cities in this country.
Underlies—$1,000,000 Deb.
Net Earnings, after depreciatians
M27 VLA oon as ye ipnirias soninngedlewneron $472,562
Original. Market—$1,500,000 offered in July,
1912, by Spencer Trask & Co., New York, at
97 % and interest.
Market.
New York—Spencer Trask & Co., J. K. Rice,
Jr., & Co., Gilman & Clucas, Rauscher & Chil-
dress, McGeorge & Vanderhoef.
Buffalo—J. C. Dann & Co., Baker & Watson.
Baltimore—Jenkins, Whedbee & Poe.
LOCOMOTIVE & MACHINE CO. OF MON-
TREAL, LTD. 1st 4s. Due March 1, 1924.
—F.
Dated March 31, 1904. Interest payable
Magen 1 and Sept. 1, at Royal Trust Co., Mon-
treal.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Royal Trust Co., Montreal.
Guaranteed as to principal and interest by
endorsement by the American Locomotive Co.
Organization and Control—The name of this
company has been changed to Montreal Loco-
motive Works. Entire stock’ owned by the
American Locomotive Co.
Secured ‘by a first mortgage on plant of the
company at Montreal, including wharves, rail-
ways, power house and all other property,
Net Earnings, Am. Loco. Co.,
$2,562,251*
*Compares with $2,562,251 in 1912- 13 and
an annual average for ten years of $4,280, 000.
Market. -
New York—Spencer Trask & Co., Hornblower
& Weeks, Bigelow & Co., Didrichsen & Co. :
Buffalo—J. C. Dann & Co.
Utica—Avery Horton.
LONE an GAS CO. Ist 6s. Due Aug. 3,
Dared Feb. 3, 1909. Interest payanie Feb.
and Aug. 3, at ‘Seaboard National Bank, New
York, and Texas Bank & Tr. Co., Galveston,Tex.
Authorized—$1,250,000.
Outstanding—$687,: 500.
Retired—$562,500.
Denomination—Bonds originally consisted of
20 principal coupons of $50 each. Nine have been
cancelled. The par value of each bond has been
reduced to $550.
* Trustee—Texas Bank & Trust Co., Galveston,
ex.
Redeemable—Any number of principal cou-
pons may be redeemed at par at any time.
Secured by a first moe reres on ce acres of
gas lands owned in fee and leasehold interest in
20,000 acres additional, all located in Clay
County, Texas. Also on 20 wells, 125 miles of
man pipe line nee 15 ee of weld Pl le a
ompany is supplying gas to Ft. Wort as Co.,
Dallas Gas Co. and North Texas Gas Co.” "
Net Earnings, ‘2/28/14......... $1,171,052
Interests ocicccasveateen ernst i 48,750
Market.
Pittsburgh—H. P. Taylor & Co. ; Pe
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
LONG BEACH ha ae GAS CoO.
Due Noy. 1, 1940.—F.
Dated Nov. 1, 1910. Interest payable May
and Nov. 1, at Bankers’ Trust Co., New York,
and Los Angeles Trust & Savings Bank, Los
Angeles, Cal.
Authorized—$1,000,000.
Outstanding—$421, ‘000.
Ist 6s.
Retired by Sinking -Fund—$4,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable on Nov. 1, 1913, or any interest
date thereafter at 103 and interest.
Sinking Fund—Beginning November, 1911, 1%
ae annum of bonds outstanding to redeem
onds. After 19165 an additional 1% is to be
appropriated, either for redemption of bonds
or permanent extensions, at. option of company.
Organization and Control—Incorporated in
California in 1910. All of the preferred stock
and $555,200 of the $675,700 common stock is
owned by Southern California Edison Co.
Secured by a first mortgage on plant supplying
gas to Long Beach, Cal. and vicinity, serving a
population of 22,000. The company operates
under a state charter giving it perpetual rights.
Net Earnings, 12/31/13 $65,387
ENG OR OBE sia cs sashaun wen tase dalan decedent 31,948
Original Market—Offered by BE. H. Rollins &
Sons, Boston, at par and interest, in Dec., 1910.
Market.
Boston—E. H. Rollins & Sons..
Baltimore—W. W. Lanahan & Co.
New York—S. L. Snowden.
San Francisco—E. H. Rollins & Sons.
Registerable
(THE) LONG-BELL LUMBER CO. Ist & Ref.
‘Serial’ 6s. Semi-annually on May 1 and
Noy. 1 to May 1, 1922, in amounts varying
from $214,000 to $314,000.
Dated May i, 1907. Interest payable May
and Nov. 1, at Trustee's office.
Authorized—$9,006,000.
Outstanding—$4,163,500.
Retired—$4,836,500.
Denomination—Coupon,: $500 and $1,000.
Registerable as to principal.
Yrustee—Central Trust Co. of Illinois,Chicago.
Redeemable at 10134 and interest any interest
date on 60 days’ notice.
Sinking Fund—$38.50 per thousand feet for all
timber cut and manufactured into lumber to be
applied to retirement of bonds as they mature.
Should the deposit exceed the amount of bonds
maturing.in any year, the Trustee is required to
purchase or call for redemption at a premium
of 144%, the unmatured bonds to an amount
sufficient to exhaust this surplus.
‘Secured by a first mortgage on 370,000 acres
of long and short leaf yellow pine timber lands,
and leasehold interest in some 15,000 additiona
acres, located in Calcasieu, Rapides and Sabine
Parishes, Louisiana and San Augustine, Angelina
and Sabine Counties, Texas. This property is
estimated to contain 3,500,000,000 feet of lum-
ber. Further secured on seven large, modern
saw sallsh with power houses and other equip-
ment. |
“ Net Earnings, 12/31/11—After goles tent of
$5. 00 per 1,000 feet of lumber cut $274,748.
Original Market—Offered in 1907 by Clark L.
Poole &'Co., Chicago, and in 1910 by the same
firm and F. J. Lisman & Co., New York, Francis
Bro. & Co. and Wm. R. Compton "Co., St.
Louis, at par and interest.
Market.
St. Tonie—Franels Bro. & Co. Wm. R.
Compton Co., W. E. Orthwein, Mississippi Val-
ley Trust Co.
Chicago—Hulburd, Warren & Chandler, John
Burnham & Co., W. R. Compton Co.,-C. F.
Childs & Co., Yard, Otis & Taylor, E. T. Kons-
berg & Co.
Kansas City—J. ee Strean Inv.’ Co., Strand-
berg, McGreevy & Co.
Toronto—Dominion Securities Corp.
Minneapolis—Minneapolis Trust
LONG DOCK CO. Cons. 6s: Due Oct. 1, 1935.
Dated November 16, 1885. Interest payable
445
ipril and Oct. 1, at J. P. Morgan & Co., New
ork.
Authorized and Outstanding—$7,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Anthony J. Thomas and Charles
Edward Tracy.
Redeemable at 110 and interest from proceeds
from the sale of lands not necessary for the pur-
poses of the company. No lands have ever been
sold, and it is not likely that any will be.
Controlled by the Erie Railroad Co. through
ownership of its entire capital stock, which is held
by Trustee of its Cons. Mortgage of 1996.
Secured by a first mortgage on the Bergen
Tunnel used by the Erie R. R. Co.; upon 577
acres of land and lands under water, docks, ter-
minals, and 2}4 miles of double track railroad in
Jersey wie The property is assessed at more
than $9,6
Gotitainge othe Erie R. R. Cons. Gen. Lien
4s of 1996 provide for retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—Korn, Lehman & Co., Effingham
Lawrence & Co., Coffin & Co., J. A. Clark &
Co., Ladd & Wood, McGeorge & Vanderhoef,
Clark, Dodge & Co., W. E. R.Smith & Co., Wood
Struthers & Co., Vickers & Phelps, B. H. & F. W.
Pelzer, Gude, Winmill & Co.
Philadelphia—Montgomery, Clothier & Tyler,
Henry & West.
Newark—J. 8. _Rippel.
7 BONS ISLAND “CITY & FLUSHING RAIL-
OAD CO. Ist Cons. 5s. Due May 1, 1937.
See 1 Map 62.
Dated May 2, 1887. Interest payable May
and Nov. A United States Mortgage & Trust
Co., New Yor
ne a 250.
Suc EL 000 ‘(Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central. Trust Co., New York.
Assumed by the Long Island R. R. Co.
Guarantee—$24,000,000 Refg. 48, junior to
this issue, are guaranteed as to principal and in-
terest by the Pennsylvania R. R. Co. by endorse-
ment.
Control—Absorbed by the Long Island R. R.
“Secured by a first mortgage on (3) 12 miles of
road from Long Island City to Winfield Jct.,
Flushing to Whitestone, and Flushing to Great
Neck, and a second mortgage on (10) four miles of
road from Winfield Jct. to Flushing, subject to a
prior lien at the rate of $19,500 per mile. The
line is electrified. These bonds are outstanding
at the rate of $43, eo a mile.
Underlies—$47,500,000 a I. R. R. Cons. 48
and 5s of 1931, L. R. Unified 4s of 1949
and L. I. R. R. Ref. 4s of isis and Debs. Bonds
are reserved under the Refunding mortgage to
Tetire this issue.
Legal for Maine.
Marke
New York—Coffin & Co., Peck, Rasmus &
Truesdale, Didrichsen & Co., Wm. ‘A.C. Ewen,
Tobey & Kirk, Ernest Smith.
Hartford—Roy P. Crary.
LONG ISLAND LIGHTING Co. Ist S. F. 5s.
Due March 1, 1936.—F.
Dated March 1, 4911. "Interest payable March
and Sept. 1, at New York.
Authorized— $6,000, ON
Outstanding—$360,000.
Denomination—Coupon, $1,000, $500 and $100.
Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
date,upon 30° days’ notice. . ey
446
Registerable_
Sinking Fund—Annually 1% of all bonds out-
standing, beginning March 1, 1916, for the pur-
chase or redemption of bonds at not exceeding
105 and interest. Bonds so acquired to be can-
celled.
Improvement Fund—Annually, beginning on
March 1, 1914, 1% of the bonds outstanding to
be applied to the cost of additions and better-
ments.
Organization—Incorporated in New: York in
Secured by a first mortgage on plants supply-
ing electricity in the central portion of Long
Island, including the towns of Northport, Amity-
ville, Sayville, Islip and Bayport. Population
served, 63, .
Franchises are perpetual, except the one in
Islip, which expires in 1959.
Net Earnings, 12/31/13.......... $42,896
Enterestinss a sisicscs wes wirtiges feb asain 23,146
Original Market—$225,000 offered in June,
1911, by E. H. Rollins & Sons, Boston, New York,
etc., at 9334 and interest.
Market.
Albany—Benry J. Prince.
Boston—E. H. Rollins & Sons.
New York—Fred. H. Hatch & Co., E. H:
ili & Sons, S. L. Snowden, Kirkpatrick &
ewis,
LONG ISLAND RAILROAD COMPANY.
Incorporated in New York in 1834. The
company owns 325 miles of road from Long
Island City and Bay Ridge, Brooklyn, to
Greenport and Montauk, at the eastern end of
Long Island, with numerous branches, and
leases 70 miles of road. 110 miles of the road
owned and 37 miles of the leased lines are double-
tracked. Practically the entire system in the
western end of the island has been electrified,
and trains are operated into the Pennsylvania
Station in New York City. The company also
controls all of the electric railways on Long
Island, except those of the Brooklyn Rapid
Transit Co.’s System.
The Long Island R. R. Co. has outstanding
$12,000,000 stock, of which $6,797,900 are
owned by the Pennsylvania Railroad Co., which
also owns an issue of $12,250,000 5% Deben-
tures of the Long Island R. R. Co., and guaran-
tees $24,000,000 of that company’s Refunding
4% bonds.
The Long Island R. R. Co. has outstanding
$54,700,000 bonds, on the 825 miles of road
owned by the company. These bonds are out-
standing at the rate of $168,300 Ee mile. The
company has earned its fixed charges in only
one year since 1907. —
Report years ended Oe
1913
Gross Earnings... .$13,220,3834 $18,098,925
Net Earnings..... 4,104,556 38,515,833
Net Income....... 3,981,938 3,422,587
Rentals, etc....... > 1,487,582 1,500,168
Interest.......... 2,987,791 2,899,607
Deficit......... $494,131 $977,985
LONG Ish. AND RATEROSD CO. 2d (Now Ist)
7s. Due Aug. 1, 1918.—N.
See Map 62.
Dated eee 1878, Interest payable Feb.
and Aug. 1, at United States Mortgage & Trust
Co., New York.
Authorized—$1,500,000.
Outstanding—$268, 703 (Closed ‘artgag eae
Denomination—Coupon, $100, $500 and $1, 000.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York,
: po uerantce oie L. I. C. & F. 1st Consol. 63s
above,
Secured by a first mortgage on (4) 156 ance of
road from Long Island City to Greenport, L. 6 Lee
Eastport Jct. to Sag Harbor, Hicksville to. North-
ort, Manorville to Eastport, and Mineola to
Locust Valley. This road includes the main
line through the center of Long Island, and im-
ortant branches to North Shore points. These
og are outstanding at the rate of $1,700 per
mile.
Underlies—$50,500,000 Long Island R. R.
Debentures, Cons. 5s and 4s of 1931; Gen. 4s of
1938; Unif. 4s of 1949; and Ref. 4s of 1949.
Bonds are reserved under latter mortgage for
the retirement of. this issue.
Legal for Maine.
LONG ISLAND RAILROAD Ferry Ist 4s.
Due March 1, 1922.—N.
Dated March 1, 1892. Interest payable
March and Sept. 1, at United States Mortgage
& Trust Co., New York.
Authorized—$2,750,000.
Outstanding—$1,494,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Guarantee—See L. I. C. & F. Consol. 5s above.
Secured by a first mortgage on ferry property
in Long Island City and New York City ; together
with several ferryboats operated between New
York City and Long Island City.
Underlies—$42,000,000 Long Island R. R.
Debentures, Unif. 4s of 1949, and the Ref. 4s of
1949. Bonds are reserved under the latter
mortgage to retire this issue.
Listed on the New York Stock Exchange.
Original Market—$250,000 offered Nov., 1908,
by Robt. Glendinning & Co. Philadelphia.
Market.
New York—Hartshorne & Battelle, Tobey &
Kirk, Freeman & Co., Coffin & Co., Callaway,
Fish & Co., William é. Wilson, Blodget & Co.,
E. & C.-Randolph, Samuel Goldschmidt, Whitte-
more, Pell & Co., Wood, Struthers & Co.
Philadelphia—R. Glendinning & Co., S. K.
Phillips.
LONG ISLAND RAILROAD CO. Cons. 5s and
4s. Due July 1, 1931.—F.
See Map 63.
Dated Sept. 1, 1881. Interest payable Jan.
April, July and Oct. 1, at United States Mort-
gage & Trust Co., New York, or at Robt. Benson
& Co., London. ?
Authorized—$5,000,000. . ‘
Outstanding—$3,610,000-58; $1,121,000-4s.
(Closed mortgage).
Denominatien—Coupon, $1,000.
as to principal. -
Trustee—Central Trust Co., New York.
Guarantee—See L. I. C. & F. Consol. 5s above.
Secured by a first mortgage on (1) 26 miles of
road from Sunnyside Yard to junction with
Montauk Div., Winfield to Glendale Jct., Great
Neck to Port Washington, Bethpage Jct. to Bel-
mont, Mineola to Garden City, Lynbrook to
Long Beach, Floral Park to Creedmoor; and a
second mortgage on (2) 285 miles of road from
Long Island City to Greenport, Manorville to
Montauk Point, Long Island City, via Jamaica
and Babylon to Eastport Junction, and branches
to Northport, Locust Valley, Hammels and other
oints, subject to prior liens at the average rate of
$9,500 per mile, and a third mortgage on (3) four
miles of road from Winfield Jct. to Flushing,
subject to prior liens at the rate of $63,000 per
mile. A large part of the mileage covered is
double-tracked, and the lines west of Jamaica
have been electrified. This mortgage covers all
of the mileage owned excepting the extension
along the North Shore from Northport and some
lines in the southwestern part of Long Island.
These bonds are outstanding at the rate of
$15,300 per mile. <4
Prior Liens—$2,400,000 Long Island R.-R.
-bonds and bonds of absorbed companies. ~
Underlies—$46,600,000 Long Island R. R.
Registerable
Debentures, Gen. 45 of 1988, Unif. 4s of 1949,
and the Ref. 4s of 1949. Bonds are reserved under
the latter mortgage for the retirement of this
issue.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., J. S. Bache & Co.,
Gude, Winmill & Co., Blodget & Co., Simon Borg
& Co., Tobey & Kirk, Redmond & Co., Perey H.
Bradshaw, Wood, Struthers & Co., McGeorge &
Vanderhoef.
Philadelphia—C. C. Harrison, Jr., & Co.,
enineten, Colket & Co., W. H. Newbold’s Son
oO.
LONG ISLAND RAILROAD CO. Stewart Line
1st 4s. Due June 1, 1932.—F.
See Map 62.
Dated June 1, 1892. Interest payable June
and Dec. 1, at United States Mortgage & Trust
Co., New York.
Authorized—$500,000.
Outstanding—$332,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Guarantee—See L. I. C. & F. Consol. 5s above.
Secured by a first mortgage on (7) 15 miles of
toad from Floral Park to Bethpage and Garden
City to Hempstead, L. I. These bonds are out-
standing at the rate of $22,100 per mile.
Underlies—$46,400,000 Long Island R. R.
Debentures, Consol. 4s and 5s, Unif. 48 of 1949,
and the Ref. 4s of 1949, which latter provide
for the retirement of this issue.
Legal for Maine.
Listed on the New York Stock Exchange,
Market.
New York—Coffin & Co., Tobey & Kirk, Percy
H. Bradshaw.
Boston—Walter S. Place.
LONG ISLAND RAILROAD, NORTH SHORE
BRANCH Ist Cons. 5s. Due Oct. 1, 1932.
—F.
See Map 62.
Dated October 1, 1892. Interest
1, April 1, July 1 and Oct. 1, at
Mortgage & Trust Co., New York.
Authorized—$1,500,000.
Outstanding—$1,262,000.
Deposited under Unified 4s $163,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by the Long
Island R. R. Co. by endorsement. :
Organization and Control—Incorporated in
New York in 1892. All of the capital stockis
owned by the Long Island R. R. Co. which
leases the property for 50 years from 1904 ata
rental equivalent to interest and taxes.
Secured by 4 first mortgage on (5) 11 miles of
road from Port Jefferson to Wading River and a
second mortgage on (6) 19 miles of road from
Northport Jet. to Port Jefferson, subject to a prior
lien at the rate of $4,000 per mile. These bonds
are outstanding at the rate of $95,000 per mile.
Prior Lien—$75,000 Smithtown & Poxt Jeffer-
son 7s, due 1901 (not paid off) all owned by the
Long Island R.’R. Co. and deposited under its
Unified Mortgage. 7
Refunding—Both the Unified 4s and Ref. 4s
provide for the retirement of this issue.
Listed on the New York Stock Exchange.
Market. .
New York—Spencer Trask & Co., Gilman &
Clueas, Bigelow & Co., Coffin & Co., W. A. C.
Ewen, Simon Borg & Co., Ladd & Wood, Tobey
Registerable
ayable Jan.
nited States
‘& Kirk, Seasongood & Haas, Percy H. Bradshaw.
LONG ISLAND RAILROAD CO. Deb. 5s.
June 1, 1934.—N.
-7-Dated June 1, 1894.
Due
Interest payable June
“AAT
and Dec. 1, at United States Mortgage & Trust
Co., New York, or at Robt. Benson & Co.,
London... :
Authorized—$1,500,000.
Outstanding—$1,135,000. F
Exchanged for L. I. R. R. Unif. 4s and De
posited with Trustee of that mortgage—$365,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Security——A direct obligation of the company,
but not secured by a mortgage.
Refunding—Bonds are reserved under the
Long Island R. R. Unif. Mortgage of 1949, and
the Ref. mortgage of 1949 for the retirement of
this issue.
Listed on the New poms Stack Exchange.
arket. 4
New York—Redmond & Co., Whittemore,
Pell & Co.
Philadelphia—Reed A. Morgan & Co.
LONG ISLAND RAILROAD CO. Gen. 4s. Due
June 1, 1938.—F.
See Map 62. Ba ait
Dated August 1, 1888. Interest . payable
June and Dec. 1, at United States Mortgage &
Trust Co., New York.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Central Trust Co., New York.
Guarantee—See L. I. C. & F. Consol. 5s above.
Secured by a second lien on (8) nine miles of
road, from Bethpage Jct. to Belmont Jct., and
Mineola to Garden City, and a third lien on (4)
156 miles covered by the lien of the Second 7s
which see above, subject to prior liens at the rate
of $16,700 per mile.. °-
Prior Liens—$3,000,000 Long Island R. R. 2d
7s of 1918 and Cons. 5s and 4s of 1931.
Underlies—$46,000,000 Long Island R. R.
Unif. 4s of 1949,-and the Ref. 4s of 1949, and
Debentures... Bonds are reserved under the
Ref’g. mortgage to retire this issue.
Listed on the New York Stock Exchange.
Market.
New York—Tobey & Kirk, Foster & Adams,
Blodget & Co., Gilman & Clucas, Didrichsen &
Co., Redmond & Co., Wood, Struthers & Co.,
Struthers & Hiscoe.
Philadelphia—Robt. Glendinning & Co.
LONG ISLAND RAILROAD CO. Unified 4s.
Due March 1, 1949.—F.
See Map 64.
Dated March 1, 1899. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$45,000,000.
Outstanding—$5,660,000.
Exchanged for Refg.
$4,013,000.
Denomination—Coupon, $1,000.
as to principal or fully registerable.
Trustee—United States Mortgage & Trust
Co., New York.
Redeemable at 110 and interest on any interest
date on four months’ notice.
Guarantee—See L. I. C &. F. 1st Cons. 5s
above.
Secured by a second mortgage on (1) 17 miles
of road from Great Neck to Pt. Washington, Lyn-
brook to Long Beach, and other branches, sub-
ject to a prior lien at the rate of $15,300 per mile,
and on ferry properties described under Long
Island R. R. Ferry 434s above; a third mortgage
on (2) 139 miles of road from Long Island City to
Eastport Jct., Bridgehampton to Montauk,
Floral Park to Bethpage Jct., and branches to
Garden City, Bushwick, Flushing, Valley Stream,
Hammels and other points, subject to prior liens
at the rate of $22,600 per mile, and a fourth
mortgage on (3) 160 miles of road from Long Island
City to Greenport, Marionville to Sag Harbor,
Hicksville to Northport and branches, subject
(Closed mortgage.)
4s and Retired
Registerable
to prior liens at the rate of $34,000 per mile,
This mortgage covers practically the entire road
owned by the Long Island R. R, Co., and these
bonds are outstanding on the 316, miles covered
at the rate of $18,000 per mile... Bi
Prior Liens—$11,600,000 bonds of the Long
Island R. R. Co. and absorbed companies.
Underlies—$24,000,000 Ref’g. 4s and $13,400,-
000 Debentures. $12,000,000 of the Debentures
are owned by the Penna. R. R. Co. Bonds are
reserved under the Refunding Mortgage to retira
this issue. . B.)
Listed on the New York Stock Exchange.
Original Market—$4,000,000. offered in May,
1899, by August Belmont & Co., Strong, Sturgis
& Co., New. York and Lee, Higginson & Co.,
Boston, at 9314 and interest.
arket. A
New York—Blodget & Co., Coffin & Coa.,
Berdell Bros., L. M. Prince & Co., Harvey. Fisk
& Sons, Lee, Higginson & Co., Tobey & Kirk,
Bull & Eldredge, Newborg & Co., Redmond &
Co., Struthers & Hiscoe.
Philadelphia—Chas. Fearon & Co.
LONG ISLAND RAILROAD CO. Ref. 4s. Due
March 1, 1949.—F.
See Map 64.
Dated September 1, 1903. Interest payable
March and Sept. 1, at American Exchange
National Bank, New York.
Authorized—$45,000,900. ’
- Outstanding—$24,008,000. _. c
Denomination—Coupon, $500 and — $1,000.
Registerable as to principal. Registered, $1,000
and multiples. C. & R. interchangeable. .
Trustee—Equitable Trust Co., New York.
Guaranteed as to principal and interest by the
Pennsylvania R. R. Co. by endorsement.
Secured by a lien junior to that of the Unified
Mortgage on the property described under that
issue above. Further secured by a first lien on
the leasehold or other interest of the company in
(4) 70 miles of railroad including, from, Flatbush
Ave., Brooklyn, to Jamaica (the only, entrance of
the road into Brooklyn); and lines to Rockaway
Beach, Manhattan Beach and Coney Island.
Prior Liens—$17,260,000 bonds of the Long
Island R. R. Co. and absorbed companies.
Bonds are reserved under this mortgage to retire
Te underlying bonds, and also bonds of leased
ines. :
Underlies—$13,400,000 Debentures, of which
qe es are owned by the Pennsylvania R.
0.
Listed on the New York Stock Exchange.
deen it Balt., Fla., Me., Mich., Minn., N. H.
and R. I.
Original Market—$10,000,000 offered in Feb.,
1904, by Kuhn, Loeb & Co., New York, at_99
and interest. Also Kidder, Peabody & Co.,
Boston. :
; i Market. _
New York—Tobey & Kirk, Curtis & Sanger,
Gilman & Clucas, Bull & Eldredge, McGeorge
& Vanderhoef, Struthers & Hiscoe, Newborg &
Col, Hartshorne & Battelle, Clark, Dodge & Co.,
Lee, Higginson & Co., Newborg & Co., L. M.
Prince Co., Coffin & Co., Redmond & Co.,
Simon Borg & Co., Foster & Adams, Jacobson
& Friedman, Beyer & Co. .
Boston—Kidder, Peabody & Co.
Philadelphia—Henry & West.
Hy
LORAIN & CLEVELAND RAILWAY Ist 5s.
Due July 1, 1927.—F. ope
Dated July 1, 1897. Interest payable Jan,
and July 1, at Cleveland Trust Co., Cleveland,
hio. i
Authorized—$1,000,000.
‘ Outstanding—$750,000.
Denomination—Coupon and registered, $1,000.
.. Trustee—Cleveland Trust Co., Cleveland, 0.
448
_ Redeemable after July 1, 1917, at par and
interest.
a Son sole sees by the Lake Shore Electric
y. Co.
Secured by a first mortgage on 27 miles of
electric railway between Cleveland and Lorain,
Qhio. Population served, exclusive of Cleveland,
60,000. A large part of the line is on private
right-of-way. Forms part of a through line
between Cleveland and Toledo and Detroit.
; Underlies—$3,945,000 Lake Shore Elec. Ry.
Ss
Net Earnings, L. S. El. Ry.,
V2/BE/ 24 vice certain satan een hae $441,678
Interest..... PS nbiaaene ie hnasenn Daeg 329,83
This teste \escs « capastess gavin soe 132,582
Original Market—Offered by Canadian Bank
of Commerce, Montreal, and E. H. Gay & Co.,
Boston, at 10114 and interest in Feb., 1899.
Market.
Baltimore—Townsend Scott & Son.
Boston—C. E. Denison & Co.
New York—W. E. Hutton & Co., Rauscher &
Childress, Dewing & Co. ‘
Philadelphia—Oscar R. Dare, R. M. Stinson
Co.
Cleveland—Hayden, Miller & Co., C. E. Deni-
son & Co., Borton & Borton.
LORAIN STREET RAILROAD 6%
Due Jan. 1, 1918. :
Dated Jan. 1, 1815. Interest payable Jan.
1, April 1, July 1 and Oct. 1, at Citizen’s Savings
& Trust Co., Cleveland, Ohio. :
Authorized and Outstanding—$200,000
Denomination—Coupon, $100,$500 and $1,000.
Trustee—Citizen’s Savings & Trust Co., Cleve-
land, Ohio.
Guaranteed as to principal and interest by
the Lake Shore Electric Ry. Co. Net earnings
of this company available on account of this
guarantee amounted in 1914 to $111,843.
Control-—-All of the stock is owned by the Lake
Shore Electrie Ry. Co.
Secured by a first lien on $200,000 of $750,000
Lorain Street Ry. 6s of 1949 and $100,000 of
a total issue of $600,000 Lorain Street Ry. Con-
sol. 5s. of 1936. The former issue is secured
by a first mortgage, and the latter by a second
mortgage, on 18 miles of street railway track in
Lorain, O., and interurban line to Elyria. Pop-
ulation served, 40,000.
Redeemable at 100 and interest on any in-
terest date.
Underlies—3$1,050,000 5s.
Net Earnings, 12/31/14.......... $56,621
Interests éoae: cures a0 knwo reer 64,500
Original Market—Offered in February, 1915,
by Hayden, Miller & Co., Cleveland, Ohio, at
100 and interest. 3
LORAIN STREET RAILWAY Cons. 5s. Due
Noy. 1, 1949.—F. :
Dated Nov. 1, 1899. Interest payable May.
and Nov. 1, at Guaranty Trust Co., New York.
Authorized—$750,000.
Outstanding—$750,000. $200,000 deposited
as part collateral for $200,000 notes. __
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co. of New York.
Contro!l—See 1st 6s above.
Secured by a first mortgage on property de-
scribed under 6% notes above, which see for
further details of property.
Underlies—$500,000 “R. R.”’ Co. 5s. :
Earnings—See 1st 6s above. Interest require-
ments on this issue, $39,500.
Market.
Cleveland—Hayden, Miller& Co.
New York—W. E. Hutton & Co., Dewing & Co.
P. LORILLARD COMPANY Deb. 5s. Due
Oct. 1, 1944.—F.
Notes.
Dated December 1, 1911.
April and Oct. 1, at New York.
Authorized—$10,933,500. t
Outstanding—$10,687,050. :
Retired by Sinking Fund—$226,450.
Denomination—Coupon, $1,000 and $5,000.
Registerable as to principal or fully registerable.
Registered, $50, $100, $500, $1,000, $5,000, $10,-
000, $50,000, $100,000. Registered bonds of
$1,000 and $5,000 are interchangeable.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—Annually, in January $100,-
000 for the purchase of these bonds at not ex-
ceeding 130%. Bonds so purchased to be can-
celled. All money remaining unexpended in
fund at end of year reverts to company
Organization—Incorporated in New Jersey in
1911. In compliance with the plan of dissolution
of the American Tobacco Co., approved by the
United States Circuit Court, in accordance with
the decree of the Supreme Court, there were con-
veyed to this company factories for the manu-
facture of cigars, cigarettes and tobacco in
Jersey City, N. J.; Wilmington, Del.; Baltimore,
Md.; Brooklyn, N. Y.; Philadelphia, Pa. an
Danville, Va. and the entire stock issues of three
companies owning factories in New York, N. Y.;
Middletown, Ohio and Richmond, Va. The
gross output of these plants in 1910 was in ex-
cess of $38,000,000. It was estimated that‘the
pine of this Som pany were producing the follow-
ing proportion of all tobacco manufactured in
the United States in 1910:
Interest payable’
Volume Value
Cigarettes...... 15.27% 26.02
Smoking Tobacc "82% 18.88
Plug Tobaceo 3.73% 4.64%
igars....: 5.72 2.88%
Pine Cut Tobacco. 27.80 29.57
Little Cigars. . 33 40.95%
oeese + +33, 84%
$206.76 of these bonds, $293.25 similar bonds of
the Liggett & Myers Tobacco Co. and $600 in
cash were offered in exchange for each $1,000
6% bond of the American ‘Tobacco Co.
Security—These bonds are a direct obligation
of the company, but not secured by a mortgage.
The company imposes 2 charge in favor of the
Trustee upon all of its property and present and
future net income for the benefit of, first, these
7% bonds, and second, the 5% bonds, and further
covenants that it will not mortgage its property,
business or income, nor create any specific
charge upon its earnings, without expressly
recognizing and confirming these bonds as prior
lien claims. :
Underlies—$10,617,450, 5s.
Net Earnings, 12/31/14........ $4,519,061
Tnterest)s.s:c65 ess eaiiet is aed, ines 1,279,625
Listed on the New York Stock Exchange.
Market. -
New York—Alfred Mestre & Co., Low, Dixon
& Co., Beyer & Co.
Boston—Edgerly & Crocker.
P. LORILLARD COMPANY Deb. 5s.
Aug. 1, 1951.—F.
Dated December 1, 1911. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized and Outstanding—$10,617,450.
Denomination—Coupon, $1,000 and $5,000.
Registerable as to principal or fully registerable.
Registered, $50, $100, $500, $1,000, $10,000,
$50,000 and $100,000. C.& R. Interchangeable.
Trustee—Guaranty Trust Co., New York.
Security and Earnings—See 7s above. $206.75
of these bonds and $293.25 of similar bonds
of the Liggett & Myers Tobacco Co. and $600
in cash were offered in exchange for each $1,000
4% bond of the American Tobacco Co. and Con-
solidated Tobacco Co.
Underlies—$10,769,550 Debenture 7s.
Listed on the New York Stock Exchange.
Market.
New York—G. H. Burr & Co., Crawford,
Due
449
Patton & pe Alfred Mestre & Co., Low,
Dixon & Co., Beyer & Co. -
St. Louis—Bowman, Cost & Co.
Boston—Edgerly & Crocker.
LOS _ ANGELES & PASADENA ELECTRIC
RAILWAY Ist 5s. Due Jan. 1, 1928.—N.
Dated Jan. 1, 1898. Interest payable Jan.
and July 1, at Illinois Trust & Savings Bank,
Chicago, or Chase National Bank, New York.
Authorized—$1,000,000.
Outstanding—$950,000.
- Balance Retired.
Denomination—Counpon, :$1,000.
Trustee—Illinois Trust &
Chicago.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—$10,500 per year.
oe by Los Angeles Ry. Co by endorse-
™ Gontrol—Absorbed by Pacific Electric Rail-
way Co., all of whose stock is owned by the
Southern Pacific Co.
Secured by a first mortgage on 44 miles of
electric railway in and around Los Angeles and
Pasadena, Cal.
Underlies—$32,600,000 Pac. El. Ry. 5s.
~ Net eerala es Pac. El. Ry.
Savings Bank,
GC BO/ AB isis. sie. sic here ace sees +++ $2,807,872
‘Interest, Sb Cie casadaeeneie dc ... 2,628,353
‘This issue...........0. 0.00. ne "928, 353
Market.
Kansas City—Stranberg, McGreevy & Co.
LOS ANGELES ELECTRIC co. Ist. 5s. Due
Jan. 1, 192 . —F.
Dated Dee. 1902. Interest, ‘payable Jan.
and July 1, at Union Trust Co.,:San Francisco.
Outstanding—$4 62,000. coheed mortgage).
‘Held:in Sinking Fund—$20,0
Denomination—Coupon, $1, 000.
. Trustee—Union Trust Co., San Francisco.
Redeemable at par and 14% premium for
ae year between date of redemption and ma-
urit:
Sinking Fund—$10,000 per annum. $110, 000
is now held in sinking fund reserve.
Control—Absorbed by Los Angeles Gas &
Electric Corp., which company is controlled by
the~Pacific Lighting Corp., through ownership
of stock, furnishes electricity to Los Angeles,
Cal., and gas to that city and vicinity. Popu-
lation supplied with gas, about 500,000.
Secured by a first mortgage on plant supply-
ing electricity to Los Angeles, Cal., serving’a
population of 350,000. Franchise expires 1917.
Underlies—$6, 882, 000 Los Angeles G. & E. Co.
and Los Angeles G. &. E. Corp. 5s.
Net raineee L. A. G. & E. Corp.
12/31/14
Interest...........04.
This issue.
Listed on the San Francisco Stock & ‘Bond
Exchange.
Market
Los Angeles—Torrance, Marshall & Co.
San Francisco—Byrne & McDonnell.
ae 834,221
ae: 34d
LOS ANGELES GAS & ELECTRIC CO. Gen.
5s. Due July 1, 1934.—F.
Dated, 1904. Interest payable Jan. and July
1, at Union Trust Coe a Francisco.
Authorized—$4,0'
Outstanding—$1, 340, 000 iOlesed mortgage).
Held in Sinking Fund—$153,
Denomination—Coupon, $1, 300."
as to principal.
Trustee—Union Trust Co., San Francisco.
Sinking Fund—$35,000 per annum to be a
plied to purchase of bonds, which aie to be h d
alive. This fund amounts to $248
Organization and Cantea AREI EEA by the
Los Angeles Gas & El. Corp., which is controlled
Registerable
peeeogt stock ownership by the Pacific Lighting
orp
Secured by a mortgage on plants supplying gas
and electricity to Los Angeles, Cal. and gag to
Pasadena, Alhambra and vicinity. Population
served by electric plant, 350,000, by gas, 500,000
Electric franchise expires in 1917, gas franchise,
are perpetual.
Prior Liens—$1,335,000 5s.
Underlies—$5,042, 000 5s.
. Net Earnings, 12/31/14, ones
Re ees os ie ae
This issue............04+5 ace
- $1,834,221
421,344
169,244
Los Angeles—Torrance, Marshall & Co.
New York—E. Rollins .& Sons,’ Sohn D.
Curtis & Co., E. F. Hutton & Co.
San Francisco—Byrne & MeDonnell a2
LOS ANGELES GAS & ELECTRIC CORPORA-
TION Ist & Ref. 5s. Due Sept. 1, 1939.
Tax exempt in California.
- Dated September 1, 1909. Interest payable
March and Sept. 1, at Trustee’s office, Chicago
ge 7 Francisco, or Harr's, Forbes & Co., New
“Authorized—$15, 000,000. -
. Outstanding—$5, 042, 000.
Cancelled by Sinking Fund—$464, 000
. Held in Sinking Fund—$225,0
Denomination—Coupon, $1, Goo.
as to principal.
Trustee—Union Trust ‘Co. of San Francisco
and Harris Tiust & Savings Bank, Chicago; ‘
aa Redeemable at 105 and interest on any interest
ate.
Sinking Fund—Annually 2% of all bonds
issued, for the purchase or redemption of bonds
at not exceeding 105 and interest. Bonds 80
acquired to be cancelled. aaPye ee
Organization and Control—Incorporated in
California in 1909 and controlled by the Pacific
Lighting Corporation through stock ownership, _
Secured by. a first mortgage on gas plant in-
Registerable
.Pasadena, and a mortgage upon gas and electric:
plants in Los Angeles, subject to the underlying
bonds on the Los Angeles plants. Population
served by electricity, 350,000; by. gas, 500,000.:
Electric. franchise expires in 1917, gas franchise
is perpetual.
- Prior Liens—$3,175,000, Los Angeles Lighting
Co. 5s of 1924, Los Angeles Electric. Co. 5:
1928 and Los ‘Angeles Gas & Electric Co.. Bs ot
1934, all of which this issue provides:to retire. ?
Net Earnings, 12/31/14........ $1,834,221:
Interest oss.s i siacca ca seaengie ¥
Listed on the San Francisco Stock and’ Bond
Exchange.
Legal—for Cal. and
Original Marker $i 006, 000 ceed in Oct.,
1909, by N. W. Harris & Co. ., New York,’etc.,
and E. H. Rollins & | ‘Sons, Boston,. at 98 and
interest, and $250,000 in 1911, by Harris, Forbes:
& Co. and E. H. Rollins & Sons at- 984 and i in-
terest.
Market. :
Boeton Ws L. Raymond & Co., N. W. Harris
& Co., E. H. Rollins & Sons, F. B. Bassett & Co.,
Paine, Webber & Co.
Chicago—E. H. Rollins & Sous, Harris a
& Savings Bank, Stanwood, Taylor & Co., E.
Konsberg & Co., Paine, Webber & Co. Q
Baltimore—W. W. Lanahan & Co.
New York—E. H. Rollins & Sons, Harris,
Forbes & Co., Low, Dixon & Co., Byrne &
Be Dounell, E. F. Hutton & Co., Gude, Winmill
Providence—Brown, Lisle & Marshall.
. San Francisco—Byrne & McDonnell, E. H.
Rollins & Sons.
Los Angeles—Perrin, Drake & Riley.
Philadelphia—Reed & Huntoon.
450
LOS_ANGELES PACIFIC..CO. 1st Ref. 4s.
Due Jan. 1, 1950.—F.
Dated January 1, 1910. Interest payable
Jan. and July 1, at Company’s office, New York.
Authorized—$20,000,000.
Outstanding —$8,323,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Trust Co.,
Registerable
San Francisco,
al.
Redeemable at 105 and interest on Jan. 1,
1915, or on any interest date thereafter.
Sinking Fund—A sinking fund of $5,000
annually is provided.
Guarantee—Of this issue, $5,000,000 are
guaranteed by endorsement both as to principal
and intereast by the Southern Pacifie Co.
Control—Absorbed by the Pacific Electric Ry.
Corp., which is controlled through ownership of ita
entire capital stock by the Southern Pacific Co.
Secured by a first mortgage on 15 miles of
electric street railway being constructed from
the proceeds of the unguaranteed bonds of this
issue, and secured by mortgage, subject to under-
lying bonds upon all the rest of the company’s
property, including about 200 miles of street
railway lines in and around Los Angeles. A large
part of these lines are on private right of way
ace sreacaas elsewhere expire between 1915 and
- Prior Liens—$6,300,000 bonds of absorbed
companies. ;
é Underlies—$32,700,000 Pac. Elec. Ry. Corp.:
1S.
Net 4
6/30) l8irauxs cceeva s 41 cena ae $2,807,872
2,528,353
- Interest a 528,
: 1,259,703
- Original Market—Offered (the guaranteed
bonds) in 1911, by A. G. Edwards & Sons, New
York and St. Louis, and White, Weld & Co.,
New York and Chicago, at prices to yield better
than 4.70%.
Market.
Los Angeles—Torrance, Marshall & Co.
New York—Wolff & Stanley, White, Weld &
Co., E. F. Hutton & Co.
San Francisco—Byrne & McDonnell.
LOS ANGELES RAILWAY CO. Ist 5s.
Oct. 1, 1938.—N.
Dated Oct. 1, 1898. Interest payable April
and Oct. 1, at Union Trust Co., San Francisco.
Authorized—$5,000,000.
Outstanding—$4,852,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., San Francisco.
Control—Absorbed by Los Angeles Ry. Corp.
which operates all of the street railways, 370
miles, in Los Angeles: No franchises expire
earlier than 1940." ~
- Secured by a first mortgage on more than
200 miles of street railway in Los Angeles, Cal.
Underlies—$14,085,000 5s..
Due
Net Earnings, 6/30/14......... $2,149,580
Interest and Sinking Fund...... 1,191,280
This issue..... Teinavensceiina os taster ete 67,039
Market.
New York—E. H. Rollins & Sons, Byrne &
MeDonnell, E. F. Hutton & Co.
San Francisco—Byrne & McDonnell.
LOS ANGELES RAILWAY CORPORATION
Ist & Ref. S. F. 5s. Due Dec. 1, 1940.—N.
Tax exempt in the State of California.
Dated December 1, 1910. Interest payable
June and Dee. 1, at New York and Los Angeles.
Authorized—$20,000,000. .
Outstanding—$14,085,000..
Retired by Sinking Fund—$563,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Los Angeles Trust & Savings Bank,
Los Angeles.
- Sinking Fund—$10,000 monthly, of which a
part is applicable to sinking funds of underlying
liens, for the purchase of these bonds at not over
5 and interest. If bonds are not so purchas-
able, fund shall be invested in appressed securi-
ties. Bonds acquired are to be kept alive
and interest added to sinking fund. , This fund,
it is estimated, will retire 40% of these bonds
before maturity. : .
Organization—Incorporated in California in
1910, as successor to the Los Angeles Ry. Co.
Secured by a first mortgage on 85 miles of
street railway in Los Angeles, Cal., and a general
Mortgage on about 225 miles additional, com-
prising the entire street railway system of that
ue Population served, 400,000.
_ Over 25% of the trackage is upon private
right-of-way and _ principal. franchises elsewhere
are perpetual. On about 18% of the mileage
franchises expire before maturity of these bonds.
Prior Liens—$5,350,000 bonds of absorbed
companies. ;
Earnings—See 1st 5s above.
Legal for Cal.
Original Market—Offered in 1911, by J. H.
Adams & Co., San Francisco and Los Angeles,
at par and interest; and $500,000 offered in May,
1912, by the Continental & Commercial Trust &
Savings Bank, Chicago. Also offered, Nov.,
1912, by Wm. Salomon & Co., New York, at 98
and interest, $3,000,000 offered Feb., 1913,
at 97 and, interest, by E. H. Rollins & Sons,
Boston.and New York and Harris, Forbes & Ca.,
New York.
Market.
New York—Knauth, Nachod & Kuhne, Wm.
Salomon & Co., E. H. Rollins & Sons, H. P.
Taylor & Co., Wolff & Stanley, Babcock, Rush-
ton & Co., Harris, Forbes & Co., Byrne & McDon-
nell, Rauscher & Childress, E. F. Hutton & Co.,
R. B. Hathaway &Co., Bigelow & Co., John D.
Curtis & Co. i
Philadel phia—Cassatt & Co., Harper & Turner.
Los Angeles—Torrance, Marshall & Co.,
Perrin, Drake ee : :
Chicago—C. F. Childs & Co., Alfred L. Baker
& Co., E. H. Rollins & Sons, Stanwood, Taylor
& Co., Andrews & Co., Harris Trust & Savings
Bank, E. T. Konsberg & Co. P5e: |
Boston—N. W. Harris & Co., Inc., Merrill,
Oldham & Co.,. Walter S. Place,. Parkinson &
Burr, F. B. Bassett & Co., Hotchkin & Co.
St. Louis—Bowman, Cost & Co. '
San Francisco—Byrne & McDonnell, E. H.
Rollins & Sons.
Buffalo—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
LOUISIANA & ARKANSAS. RAILWAY CO.
1st.5s. Due Sept. 1, 1927.—F.
See we 132. - bs
Dated September. 1, 1902. Interest payable
March and Sept. 1, at Guaranty Trust: Co.,
New York. : E
Authorized—$7,000,000.
Outstanding—$5,196,000.
Held Alive in Sinking Fund—$386,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Guaranty Trust Co., New York.
Redeemable as a whole at 110 and interest on
any interest date on nine weeks” notice.
Sinking Fund—Annually, from Sept. 1, 1907,
to Dec. 2, 1918, $55,000 and thereafter $75,000
for the purchase of bonds at not more than 110
and interest. Bonds so purchased to be kept
alive in sinking fund. If these bonds cannot-be
purchased, the fund is to be invested in other
approved securities. ‘ .
Organization—Incorporated in Arkansas in
a ss the successor of the Louisiana & Arkansas
R. R. Co. ; i :
Secured by a first mortgage on (6) 250 miles of
road from Hope, Ark,, to Tioga, La., with track-
451 7
age to Alexandria, 1} miles, Packton to Wilds~
ville Jet.,'La., near Vidalia, and Minden to
Shreveport, La.
Net Earnings, 6/30/14.......... $536,752
Interest: soca somnist varighae eeatey 337,276 |
Legal for Cal., Mo. and R. I.
Listed on the New York and Amsterdam Stock
Exchanges.
Original Market—$1,000,000 offered in June,
1902, by Fisk & Robinson, New. York, at 105 and
interest.
Market.
New York—Ambrose R. Clark, Wolff &
Stanley, Folsom & Adams, Robinson & Co.,
E. Bunge & Co., F. H. Hatch & Co., E. & C.
Randolph, Newborg & Co., Coggeshall & Hicks.
Chicago—Allerton, Greene & King.
LOUISIANA SOUTHERN RAILWAY Ist 5s.
Due March 1, 1950.—F.
See Map 180.
Dated 1897. Interest payable March and
Sept. 1, at Robt. Winthrop & Co., New York.
. Authorized and Outstanding—$250,000.
‘Denomination—Coupon, $500.
Trustee—Central Trust Co., New York.
_ Redeemable on any interest date at 105 and
interest.
Control—Leased to New Orleans, Texas &
Mexico R. R., which is operated as a division of
the St. Louis & San Francisco R. R. Both of
these roads are now in the hands of receivers.
Lease provides for a division of net earnings, and
no obligation was incurred by the N. O., T. &
. R. R. Co. under the lease.
Secured by a first mortgage on (6) 65 miles of
railroad from New Orleans to Belair and Shell
Beach with sabeaaagee a
arket.
New York—Tobey & & Kirk.
LOUISIANA WESTERN RAILROAD CO. Ist
6s. Due July 1, 1921.—N.
See Map 117.
Dated July 1, 1881. Interest payable Jan.
and July 1, at Southern Pacific Company’s office,
New York.
Authorized and Outstanding—$2,240,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization and Control—Incorporated in
Louisiana in 1876. The entire capital stock is
owned by the Southern Pacific Co.
Secured by a first mortgage on (8) 164 miles of
road from Lafayette, La., to the Sabine River,
near Orange, Tex., and from Abbeville to Eunicer
La. This road forms a part of the Southern
Pacific System’s through line between New
Orleans and the Pacific Coast. These bonds are
outstanding at the rate of $13,700 per mile.
In addition to this road the company also
owns 11 miles from Eunice to Mamon and 34
miles from Mallard Jct. to Lake Arthur, all in
Louisiana. These lines were constructed sub-
sequently to the execution of this mortgage, but
as the mortgage contains the clause “and all
branches now or hereafter constructed,” it would
appear that these branches were subject to the
lien of this mortgage.
Net Earnings, 6/30/14........... $615,455
Interests ccs sate wasac a ticeaes oe 134,400
rae for Cal., Fla., Mich., Minn., N. H., N. J.,
Listed on the New York Stock Exchange.
Market.
New York—Ambrose R. Clark, Wm. C. Wilson,
F. J. Lisman & Co., Coffin & Co., Didrichsen &
Co., Whittemore, Pell & Co., Percy H. Brad-
shaw, Peck, Rasmus & Truesdale.
LOUISVILLE & JEFFERSONVILLE BRIDGE
- Ist 4s. Due March 1, 1945.—
Dated January 1, 1895. Interest payable
an
March and Sept. 1, at J. P. Morgan & Co., New
ork.
Authorized—$5,000, 000. > d
Outstanding—$4, 500, 000. 4
Denomination—Coupon,: $1, 000. Registerable
as to principal only, or fully registerable.
Trustee—United States Trust Co., New York,
and Union Trust Co., Indianapolis.
Guaranteed jointly and severally as to principal
and interest by the Cleveland, Cincinnati, Chicago
& St. Louis Ry. Co., and the Chesapeake & Ohio
Ry. Co. by endorsement.
‘Organization and Control—Incorporated in
Kentucky and Indiana in 1887. Of the $1,425,-
000 capital: stock the Cleveland, Cincinnati,
Chicago & St. Louis Ry. Co. owns 3950, 000 and
the Chesapeake & Ohio Ry. Co..owns $475,000,
Secured by a first mortgage on the railroad and
bridge across the Ohio River between the cities
of Jeffersonville, Ind., and Louisville, Ky., with
approaches; and about 60 acres of land in
Jeffersonville and on 40 acres of land in Louis-
ville. The bridge and approaches are three and
one-half miles long.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., McGeorge & Van-
derhoef, Korn, Lehman & Co., F. J. Lisman & Co.,
LOUISVILLE & NASHVILLE RAILROAD CO.
Incorporated in Kentucky in 18650. The com-
pany owns 3,800 miles of road including lines
from Cincinnati, Ohio, via Louisville, Ky., to
Nashville, Tenn.; Decatur, Ala., through Bir-
mingham, Montgomery and Mobile, Ala., to
New Orleans, La.; Covington, Ky.,° via. Knox-
ville, Tenn., to Marietta, Ga.; Evansville, Ind.,
to Nashville, Tenn., Bowling Green, Ky., to
Memphis, Tenn., and numerous branches, in-
cluding many in the coal and iren region: around
Birmingham, Ala. The company owns all of the
stock of companies owning 760 miles of road from
Evansville, Ind., to E. St. Louis, Ill.; Owensboro
to Adairville, Ky., and numerous other lines,
leases 120 miles from Nashville, .Tenn., to
Decatur, Ala., operates 21 miles, and has trackage
over 226 miles of road. The total mileage oper-
ated is about 4,930 miles. In addition to this
mileage the company owns 250 miles of road
operated by another company and has a half or
majority interest in the stocks of companies
owning 2,760 miles of road, including the Chicago,
Indianapolis & Louisville Ry. Co. ‘and. the Nash-
ville, Chattanooga & St. Louis Ry.. Co. The
lines operated extend from St. Louis, Evansville,
Louisville and Cincinnati to Birmingham and
Mobile, Ala., Atlanta, Ga., River Jct., and Pen-
sacola, Fla., and New Orleans, La., while con-
trolled lines extend to Chicago.-
The Louisville & Nashville R. R. Co.. has
outstanding $72,000,000 stock, of which $36,720,-
000 are owned by the Atlantic Coast Line R. R.
Co.; and deposited as security for its L. & N.
Collateral Trust bonds. Dividends have been
paid on the stock since 1864 and continuously
from 1899. From 1910 to the end of 1914 7%
per annum was paid, and dividends are now
being paid at the rate of 5% per annum. The
company has outstanding secured on the 3,800
miles of road owned $132,570,000 bonds, at the
rate of $34,900 per mile. For a long period of
years prior to 1914 the net income had. been
largely in excess of twice the interest charges on
the entire funded debt.
Report for years ended June 30:
1913-14 1912-13 .
Gross Earnings .. $59,682,778 $59,465,699
Net Earnings..., 14,962,188 14,675,247
Net Income..... 14,095,575 14,956,610
Interest......... 7,123,983 6,417,487
Miscellaneous.... 292,755 158,824
Dividends....... 5,040,000. 4,618,733
Surplus....... $1,638,887 $3,761,565
452
LOUISVILLE & NASHVILLE RAILROAD CO.
St. Louis Property 1st 5s. Due March 1,
Dated February 29, 1896. Interest payable
March and Sept. 1, at office of Trustee.
Authorized—$650,000.
Outstanding—$617,000. .
Denomination—Coupon, $1,000.
Trustee—St. Louis Union Trust Company,
St. Louis. eu ‘
Secured by a first mortgage on a block of land
in the City of St. Louis bounded by ‘Cass Avenue,
Broadway, Dickinson Street and Collins Street,
and on other lots, on which terminals have been
erected. :
Legal for Fla., Mich., N. H., N. J. and Wis.
Market.
New York—Coffin & Co., Blodget & Co.,
Boissevain & Co.
Hartford—Roy P. Crary.
LOUISVILLE & NASHVILLE RAILROAD CO.
Evansville, Henderson & Nashville Div.—
1st Sinking Fund 6s. Due Dec. 1, 1919.—F.
See Bee Bee :
Dated December 6, 1879. Interest payable
June and Dee. 1, at Company’s office, 71 Broad-
way, New York.
Authorized—$2,400,000.
Outstanding—$750,000.
Retired by Sinking Fund—$1,650.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Central Trust Co., New York.
_ Redeemable for sinking fund at 110 and
interest.
Sinking Fund—$110,000 annually from 1910
to 1914, inciusive; $150,000 annually from 1915
to 1919, to. be applied to the purchase of these
bonds at the lowest price obtainable. If not
purchasable at 110 and interest or less, bonds
shall be drawn by lot.
Secured by a first mortgage on (14) 156 miles
of road from Henderson, Ky., to Nashville, Tenn.,
and branch. This road forms a part of the main
line from St. Louis and Evansville to Nashville
and all points south thereof. These bonds are
outstanding at the rate of $4,600 per mile.
Underlies—$68,320,000 Gen. 6s and Unified
4s. Bonds are reserved under the Unified Mort-
gage to retire this issue.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., N. H., N. J., N. Y., R. I., Vt. and Wis.
Listed on the New York Stock Exchange
Market. ©
New York—Redmond & Co., Bull & Eldredge,
Gilman & Clucas.
000.
Registerable
oth
LOUISVILLE & NASHVILLE RAILROAD CO.
ee Div. 1st 6s. Due March 1, 1920.
See Map 65.
Dated March 1,1880. Interest payable March
and Sept. 1, at Company’s office, 71 Broadway,
New York.
Authorized—$600,000.
Outstanding—$202,000.
Redeemed—$393,000.
Held in Treasury—$3,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—F. C. Brent and E. O. Saltmarsh.
Redeemable for Sinking Fund at 105 and
interest.
Sinking Fund—1885 to 1895, $5,000; 1891 to
1895, $8,000; 1896 to 1900, $10,000; 1901 to
1905, $15,000; 1906 to 1910, $20,000; 1911 to 1915,
$25,000; 1916 to 1920, $36,000 per annum; to
purchase or redeem bonds at 105.
Secured by a first mortgage on (11) 45 miles
of road from Pensacola to Flomaton, Ala. This
road affords the L. & N. R. R. Co. an entrance
into Pensacola from the north, and also forms
part of’a through route between Jacksonville, Fla.
Registerable
453
and New Orleans in.conjunction with the Sea-
board Air Line, and between Savannah, Ga.,
and points north thereof and New Orleans in
connection with the Atlantic Coast Line R. R.
Co. These bonds are outstanding at the rate of
$4,500 per mile. :
‘Lega for Conn., Fla., Me., Mich., Minn.,
HNO. R. 1, an is
Listed on the New York
Market.
New York—Ambrose R. Clark, Redmond & Co.
William C. Wilson & Co., E. Bunge & Co.
LOUISVILLE & NASHVILLE R. R., South-
east” St. Louis Division lst 6s. Due
March 1, 1921.—F. .
See Map 65.
Dated January 1, 1881. Interest payable
March 1 and September 1, at office of Company,
71 Broadway, New York.
Authorized and Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—H. W. Smithers and N. C. Butler.
Secured by a first mortgage on (5) 208 miles of
road from Evansville, Ind. to East St. Louis,
Ill., and branches to Shawneetown and O’Fallon,
Ill. This road affords the L. & N. R. R. its en-
trance into St. Louis. These bonds are out-
standing at the rate of $17,000 per mile.
Underlies—$3,000,000 2nd 3s. :
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., R. L., Vt. and Wis.
Listed on the New York and Amsterdam
Stock Exchanges. a
Market.
New York—Simon Borg & Co., Peck, Rasmus
& Truesdale, Boissevain & Co., Seasongood &
Haas, L. M. Prince & Co.
Boston—R. L. Day & Co.
LOUISVILLE & NASHVILLE RAILROAD CO.
New Orleans & Mobile Div. Ist 6s. Due
January 1, 1930.—N.
See Map 65.
Dated May 8, 1880. Interest payable Jan.
and July 1, at Company’s office, 71 Broadway,
Oe . a
Authorized—$5,000,000.
Outstanding—$4,992,000.
me by Louisville & Nashville R. R. Co.—
wae ee Loan & Trust Co., New
ork. ya
Denomination—Coupon, $1,000. Registerable
as to principal. ‘
Secured by a first mortgage on (10) 140 miles
of road from Mobile, Ala., to New Orleans, La.
Further secured by a first mortgage on the creo-
soting plant at West Pascagoula, Miss., and first
Hen on $711,800 of the $784,000 capital stock of
the Ponchartrain R. R. Co., owning five miles
of pamorteaped road from Ponchartrain Jct. to
Milneburg, La. These bonds are outstanding
on the mileage covered by a direct lien at the
rate of $35,700 per mile. The road covered
affords the L. & N. R. R. its only entrance into
New Orleans.
This mortgage was executed by the New
Orleans, Mobile & Texas R. R. Co., which sub-
sequently conveyed its property to the L.& N. R.
- Co.
Underlies—$1,000,000 L. & N.—N. O. & M.
Div. 2nd 6s.
Legal for Cal., Fla Me., Mass., Mich., Minn.,
.H.,N.J., R. 1. an is.
Listed on the New York and London Stock
Exchanges.
Market.
New York—Redmond & Co., J. S. Farlee &
Co., Blodget & Co., Coffin & Co., Hartshorne
& Picabia, Korn, Lehman & Co., Gilman &
Clucas, Simon Borg & Co., Wm. C. Wilson & Co.
Hodenpyl, Hardy & Co., Seasongood & Haas,
Stock Exchange.
Hiusel, Kinnicutt & Co., Peck, Rasmus & Trues-
Chicago—Hodenpyl, Hardy & Co.
Philadelphia—E. W. Clark & Co.
LOUISVILLE & NASHVILLE RAILROAD CO.
New Orleans & Mobile Div. 2nd 6s. Due
Jan. 1, 1930.—
See Map 65.
Dated October 5, 1881. Interest payable
Jan. and July 1, at Company’s office, 71 Broad-
way, New York.
Authorized and Outstanding—$1,000,000..
Denomination—Coupon, $1,000. Registerable
as to principal.
Cincinnati—Rudolph Kleybolte & Co.
© Louisville—J. J. B. Hilliard & Sons.
THe MILWAUKEE ELECTRIC RAILWAY
LIGHT CO. Ref. & Ext. 44s. Due
sem 1, 1931.—F.
Dated January 1, 1906. Interest payable
Jan. and July 1, at 30 Broad St., New York.
Authorized—$20,000,000. ~., :
Outstanding—$6,728,000.
Pledged under Gen & Ref. 5s—$5,000,000.
Denomination—Coupon, $1,000, Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 108 and interest, Jan. 1, 1916,
or on any interest date thereafter.
Secured by a second mortgage on the property
covered by the first lien of the cons. 5s which see
above and by a first collateral lien on steam
heating plant.
Prior Liens—$6,500,000 cons. 5s of 1926, for
the retirement of which provision is made in this
mortgage.
Underlies—$5,305, 000 Genl. & Ref. 5s of 1951,
which mortgage provides for the retirement of
this ‘issue.
Net Earnings, 12/31/14......., $1,838,878
Interest... 0... e eee eee 823,375
MED IG ABSUC acpi ss ieseg desist ioe % sab eis 558,125
Legal for Balt.
Listed on the New York Stock Exchange.
Original Market—Offered in 1906 by N. W.
Harris & Co., and Spencer Trask & em New
York, Chicago, Boston, etc.
Market.
' Chicago—Harris Trust & Savings Bank, Alfred
L. Baker & Gee, Yard, Otis & Taylor, John Burn-
ham & Co., Hul! burd, Warren & Chandler, Stan-
wood, Taylor & Co.
Baltimore—Stein Bros., Jenkins, Whedbee &
Poe, Sutton & Co., Poe & Davies, Hambleton &
Co., Howard R. ae & Co., Riggs & McLane,
trother, Brogden & Co., Walter Koppelman,
Mackubin, Goodrich & Co., Townsend Scott
on. ‘
New York—Harris, Forbes & Co., Spencer
Trask & Co., Bigelow & ee Gude, Winmill &
Gers Rauscher Childress, R. B. Hathaway &
Co., J. H. Howell & Co., John D. Curtis & Co.
Boston—N. W. Harris & Co., Perry, Coffin &
Burr, F. B. Bassett & Co., Hotehkin & Co.
St. Louis—Bowman, Cost & Co.
Philadelphia—Chandler & Co., Oscar R. Dare,
E. B. Smith & Co.
Milwaukee—First Sav. & Trust Co., John E.
De Wolf Co., Edgar, Ricker & Co.
Providence—-W. W. White & Co. .
ae) SO ee ELECTRIC RAILWAY
& LIGHT CO. Gen. & Ref. 5s. Due Dec.
1, tose “ Dee. 1, ya if franchise is not
extended to 19) a .
Dated December 1 1piL. Interest payable
June and Deé. 1, at 30 "Broad St., New York.
Authorized —$90, 000,000
Outstanding—$5, 305, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable 3t 105 and interest on any
interest date on and after Dee. 1, 1916 on six
weeks’ notice.
Organization and Control—Incorporated in
1896 as successor to the Milwaukee Street Ry.
Co. The company is controlled through stock
ownership by the Wisconsin Edison Co. which
was incorporated in 1912 to take over the hold-
ings of the North American Co. in Wisconsin
public utilities.
Secured by a direct third mortgage on the
property covered by the first lien of the Cons. 5s
which see above, and also by deposit of $4,000,-
000 of the Ref. & Ext. 44s and all additional
bonds issued under that mortgage must be de-
posited hereunder. Franchises see Cons. 658
above.
Prior Liens—$6,500,000 Cons. (now 1st) 5s of
1926 and $6,728,000 Ref. Exten. 44s of
1931, for the retirement of which bonds are re-
served under this mortgage.
Net Earnings, 12/31/14........ $1,838,878
ANCOLEBEs ) eenie sso ao erate es) eae 823, "375
Listed ($4,000,000) on the New York Stock
Exchange and Quoted on the Unlisted Dep’t of
the Chicago Stock Exchange.
Original Market—$3,000,000 offered Dec. 28,
Menc
Registerable
1911, at 9614 and interest ‘by Spencer Trask &
Co., New York, Chicago, etc., Harris, Forbes
& Co., New York, N. W. Harris & Co. and Perry’
Coffin & Burr, Boston, and Harris Trust & Sav-
ings Bank, Chicago; $621,000 offered by the
same firms. Aug., 1912, at’9714 and interest and
$877,000 March, 1913, at 9644 and interest.
“Market.
New York—Harris, Forbes & Co., Spencer
Trask & Cae pponara. F. Hepburn, Tobey &
Kirk, Coffin & Co., A. E. Fitkin & Co., W. E.
Hutton & Co., Low, Dixon & Co., Rauscher &
Childress, J. H. Howell & Co., Miller & Co. +
Boston—H. L. Nason & Co., N. W. Harris &
Co., Inc., W. L. Raymond & Co., Perry, Coffin
& Burr, Paine, Webber & Co., F. B. Bassett &
Co.,:Hotchkin & Co.
Philadelphia—E. B. Smith & Co., Wurts,
Dulles & Co., Oscar R. Dare.
Chicago—Ames, Emerich & Co., Yard, Otis
& Taylor, Harris Trust & Sav. Bank, Ft. Dear-
born Trust & Sav. Bank, Union Trust Co.,
Central Trust Co. of Illinois, Hulburd, Warren
& Chandler, First Trust & Sav. Bank, Spencer
Trask & Co.
Providence—Brown, Lisle & Marshall.
Baltimore—Baker, Watts & Co., Strother,
Brogden & Co., Mackubin, Goodrich & Co.,
Sutton & Co., Jenkins, Whedbee & Poe. _ ;
St. Louis—Mercantile Trust Co.
Milwaukee—Edgar, Ricker & Co., First Sav.
& Trust Co.
Omaha—City Trust Co.
My REE GAS LIGHT CO. Ist 4s. Due
May 1, 1927.—
Dated February 28, 1902. Interest payable
May and Nov. 1, at L& W. Seligman & Co.,
New York.
Authorized—$10,000,000.
Outstanding—$8,' 012) 000. In February, 1915,
the company was authorized to issue $1,500,000
additional bonds, but it is reported that these
bonds will not be issued for the TrPeeae
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable at 110 and interest on any in-
terest date on eight weeks’ notice.
Organization and Control—Incorporated in
Wisconsin in 1852. Practically the entire $5,000,-
000 capital stock is owned by the Western. Gas Co.
a subsidiary of the American Light & Traction Co.
Secured by a first mortgage on plant supplying
gas to the city of Milwaukee and also van office
building subject to $80,000 prior lien. Popula-
tion served over 375, 000. Franchise perpetual
and exclusive.
Earnings—Dividends of 6% were paid for 45
years to 1906, 644% in 1906 and in 1907 1%%
Jan. 1 and 95 % March 1. Subsequent dividends
not published.
Legal for Balt.
Listed on the New York Stock Exchange and
the Unlisted Dep’t of the Chicago Stock Exchange
‘Original Market—$6,000,000 offered in Feb.,
1902, by J..& W. Seligman & Co., New York,
at 95 and interest.
Market.
New York—A. B. Leach & pou L. M. Prince
& Cos Hartshorne & Battelle, E & C. Randolph,
L. Norton, J. S. Bache & Co., Plympton,
Gardiner & Co., Low, Dixon & Co., Wm. A.
Read & Co., Gude, Winmill & Co., Paterson &
Co., Jones & Lanman, Didrichsen & Co., Bigelow
& Co., J. H. Howell & Co.
- Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler, Yard, Otis & Taylor, Alfred L.
Baker & Co., Wm. A. Read & Co., Curtis &
Sanger, A. B. Leach & Co.
Baltimore—Jenkins, Whedbee & Poe, Sutton
& Co., Mercantile Trust & Deposit Co., Hamble-
ton & Co., Poe & Davies, Nelson, Cook & Co.,
Baker, Watts & Co., Mackubin, Goodrich & Co.,
Middendorf, Williams & Co., Riggs & McLane,
J. Harmanus Fisher & Son, Walter Koppelman.
494°
Boston—Paine, Webber & Co., A. B. Leach
& Co.
Milwaukee—First Savings & Trust Co., John
BE. De Pa Co., Edgar, Ricker & Co., Wisconsin
Philadelphia—Oscar R. Dare, Chandler & Co.
MILWAUKEE, LAKE SHORE & WESTERN
RAILWAY CO. Cons. (now Ist) 6s.
Due May 1, 1921.—N.
See Map 25.
Dated May 2, 1881. Interest payable May and
Nov. 1, at Chicago & N. W. Company’s office,.
New York.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 2
Trustee—Central Trust Co., New-York.
Control—Absorbed by the C. & N.-W. Ry. Co.
Assumed by the Chicago & Northwestern Ry.
0.
Secured by a first mortgage on (6) 418 miles:of
road, from. Milwaukee via Manitowoc and Clin-
tonville to Wis.-Mich. State Line, near Water-
smeet, Mich., Monica Jct. to. Mercer, Horton-
ville to Oshkosh, Eland Jet. to Wausau, and
branches, all in Wis. This road forms a part of
each of the lines operated by the C. & N.-W. Ry.
Co. between Chicago =e points in Northern
Michigan and Northern Wisconsin. These bonds
are outstanding at the rate of $12,100 per mile.
Underlies—$87,000,000 M., L. S. & W. Imp.
Extn. 5s; and C. & N. W. Gen. mortgage and
debenture bonds. Bonds are reserved under the
C. & N. W. Ry. Cos.’ Gen. Mtge. to retire this
issue. : :
Legal. for Baltimore, Cal., Conn., Fla., Me.,
Mass., Mich., Minn., Mo., N. H., N. J., N. Y¥.,
R.I., Vt. and Wis.
Listed on the New York Stock Exchange.
arket. -
New York—Ambrose R. Clark, Douglas Fen-
wick & Co., Hartshorne & Picabia, Wood,
Struthers-& Co., Blodget & Co., Korn, Lehman &
Co., A. M. Kidder & Co., Low, Dixon & Co.,
Ladd & Wood, Seasongood & Haas, Remick,
Eee & Co., Redmond & Co., L. M. Prince
0.
Boston—R. L. Day & Co.
MILWAUKEE, LAKE SHORE & WESTERN
RAILWAY CO. Ashland Div. 1st 6s. Due
March 1, 1925.—N.
See Map 25.
Dated March 2, 1885. Interest wee
W. Com-
March and Sept. 1, at Chicago & N.
pany’s office, New York. :
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Assumed by the Chicago & Northwestern
y. Co.
Control—Absorbed by the C. & N.-W. Ry. Co.
Secured by a first mortgage on (9) 40 miles
of road from Hurley to Ashland, Wis. This is
the only line entering Ashland, owned by the
C. & N.-W. Ry. Co. It supplies the northern
lines of that company’s system with a connection
with controlled lines into St. Paul and Minne-
apolis. These bonds are outstanding at the rate
of $25,000 per mile.
Underlies—$87,000,000 M., L. S. & W. Imp.
& Extn. 5s; the C. & N. W. Gen. mortgage and
debenture bonds. Bonds are reserved under.
the General Mortgage to retire this issue.
Legal for Balt., Cal., Conn., Fla., Me., Mags.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. I. and
Wi
is.
Listed on the New po Stock Exchange.
arket.
New York—W. C. Langley & -Co., Wood,
Struthers & Co., Remick, Hodges & Co.
MILWAUKEE, LAKE SHORE & WESTERN
RAILWAY CO. Ext. & Imp. S. F. 5s. Due
Feb. 1, 1929.—N.
See Map 26.
Dated Feb. 1, 1889. Interest payable Feb.
and Aug. 1, at Chicago & N. W. Company’s
office, New York.
Authorized—$5,000,000.
Outstanding—$4,148,000. (Closed mortgage).
Held in Treasury—$40,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 3
Trustee—Central Trust Co., New York.
Sinking Fund—Beginning. Aug. 1, 1893, one
per cent. annually, of bonds issued; but not less
than $25,000 per annum; to be applied to the
purchase of these bonds at 110 and interest; if
not so purchasable, to be invested in other bonds
of the company.
Assumed by the Chicago & Northwestern Ry.
O.
Control—Absorbed by the C. & N.-W. Ry. Co.
Secured by a first mortgage on (5) 120 miles of
road from Hurley to Mercer, Hurley to Osborn,
Pratt Jet. to Harrison, and branches and exten-
sions all in Wis. Further secured by a second
mortgage on (6) 534 miles of road from Milwau-
kee, via Manitowoc and Hortonville to Ashland,
Wis., and numerous branches, subject to prior
liens at the average rate of $13,600 per mile. The
road covered by these bonds includes about one-
half of the lines of the Chicago & Northwestern
Ry. Co. in northeastern Wisconsin and Michigan.
eee verde are outstanding at the rate of $6,300
per mile.
Prior Liens—$7,281,000 Mil., L. S. & W.
Cons. 6s, Ashland Div. 6s and Michigan Div. 6s.
Underlies—$83,000,000 Chicago & North-
western Gen. mortgage and debenture bonds.
Bonds are reserved under the General Mortgage
to retire this issue.
Legal for Baltimore, Cal., Conn., Fla., Mass.,
Me., Mich., Minn., «+ N. J. Ns Y., Re ZL,
Vt. and Wis. a
Listed on the New York Stock Exchange.
Market.
New York—Blodget & Co., Coffin & Coa.,
Struthers & Hiscoe, W. C. Langley & Co.,
Remick, Hodges & Co., Wood, Struthers & Co.
MILWAUKEE, LAKE SHORE & WESTERN
RAILWAY CO. Marshfield Ext. 1st 5s.
Due Oct. 1, 1922.—N.
See Map 25.
Dated Oct. 1, 1892. Interest payable April
and Oct. 1, at Chicago & N. W. Company’s
Office, New York.
Authorized—$600,000.
Outstanding—$400,000. (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
»Control—The M., L. S. & W. Ry. was consoli-
oe a the Chicago & Northwestern Ry. Co.
in le
Assumed by the Chicago & Northwestern Ry.
O.
Secured by a first mortgage on (7) 40 miles of
road from Wausau to Marshfield, Wis. These
boods are outstanding at the rate of $10,000 per
mule.
Underlies—$83,000,000 C. & N. W. Gen.
mortgage and debenture bonds. Bonds are
reserved under the Gen. Mtge. to retire this issue.
‘Legal for Baltimore, Cal., Conn., Fla., Me.,
Mass., Mich., Minn., Mo., N. H., N. J., N. Y..
R. I. and Wis. ;
Market.
New York—Remick, Hodges & Co.
MILWAUKEE, LAKE SHORE & WESTERN
RAILWAY CO. Michigan Div. 1st 6s.
Due July 1, 1924.—N.
See Map 25.
495
Dated June 20, 1884, Interest payable Jan.
and July 1, at Chicago & N. W. Company’s
office, New "York.
Authorized—$3,000,
000.
Outstanding—$1, 281, 000. - (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co.,- New: York,
meus by the Chicago & Northwestern Ry
“Control—Abworbad by the C. & N.-W. Ry. Co.
Secured by a first mortgage on (8) 81 miles
of road from Wis.-Mich. State Line via Waters-
meet to Radford, Mich., Watersmeet, Mich.,
to Hurley, Wis. "These lines are located in the
mining regions of Michigan. These bonds are
outstanding at the rate of $15,800 per mile.
Underlies—$87,000,000 . Milwaukee, Lake
Shore & Western Impt. & Extn. 5s of 1929; and
the Chicago & North Western Gen. mortgage
and debenture bonds. Bonds are reserved under
the:General Mortgage to retire this issue. .
Legal for Baltimore, Cal., Conn., Fla., Me.,
Mass., Mich., Minn., Mo., N. H., N. J., N. Y.,
R. I. and Wis.
Listed on the New York Stock Exchange.
Market. 3
New York—Ladd & Wood, W. C. Langley &
Co., Remick, Hodges & Co., Mabon & Co.,
Wood, Struthers & Co.
Boston—R. L. Day & Co.
MILWAUKEE LIGHT, HEAT & TRACTION
-_ CO. 1st 5s. Due May 1, 1929.—
Dated May 1, 1899. Interest payable May
and Nov. 1, at ‘Trustee’s office.
Authorized and Outstanding—$5,000,0 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Equitable Trust Co., New York.
4 Redeemable at 110 and interest on any interest
late.
Guaranteed principal and interest by the
Milwaukee Electric Ry. & Light Co. by endorse-
ment.
Organization—Incorporated in Wisconsin in
1896, as a_consolidation of the interurban rail-
ways radiating from Milwaukee and also of a
number of electric light and power properties.
Also owns $9,000,000 of the $9,850,000 capital
stock of the Milwaukee Electric Ry. & Lt. Co.
The entire $10,000,000 capital stock is owned
by the Wisconsin Edison Co., a subsidiary of the
North American Co.
Secured by a first mortgage on 226 miles of
interurban railway extending from Milwaukee
to numerous towns and including line to Kenosha
via Racine, 40 miles; and line to Waukesha,
Oconomowoc, Watertown and Wauwatosa, 53
miles; and embracing street railway system in
Racine; also on plants supplying electricity to
Racine, Cudahy, South Milwaukee, West Allis,
Waukesha, Waukesha Beach,. East Troy and
North Milwaukee and Burlington—all in Wis-
consin. Population served outside of Milwaukee,
over 175,000. Franchises have from twenty to
ninety years to run. A large part of the road is
built on private right of way
Underlies—$6,189,000 Ret. & Ext. 5s of 1937,
which provide to retire this issue.
Net Earnings, 12/31/14 ria bests eters $1,246,258
FNterestent iss neeka ia cians ee y ;
This'issue: : 4s ecosnas arene oe 335,621
Original Market—Offered by Spencer Trask
& Co. and Harvey Fisk & Sons in 1904 at 103 and
interest and in 1908 by Spencer Trask & Co.,
New York, at 98 and interest.
Market.
New York—Spencer Trask & Co., Paterson &
Co., Blodget & Co., E C. Randolph, Kirk-
patrick & Lewis.
Chicago—Spencer Trask & Co., Alfred L.
Baker & Co., Yard, Otis & Taylor, John Burn-
ham & Co., Hulburd, Warren & Chandler.
Philadelphia—Chas. T. Brown & Co. -.
Milwaukee—First Savings & Trust Go.Bayas,
Ricker .& Co., Wisconsin: Trust Co.,;John E.
De Wolf Co.
St. Paul—White, Grubbs & Co.
Utiea—Avery Horton. -
Boston—F. B. Bassett & Co.
MILWAUKEE LIGHT, HEAT & TRACTION
CO. Ref. & Ext. 5s. Due June 1, 1937.—F.
Dated April 1, 1907. Interest payable June
and Dec. 1, at company’s office, 30 Broad St.,
New York.
‘Authorized—$30, 000, 000.
Outstanding—$6,189, 000..
by the Wisconsin Edison Co.
Denomination—Coupon, $1, 000.
as to principal.
Trustees—Metropolitan Trust Co., New York
and Randolph Rodman.
Redeemable at 110 and interest on any interest
date on six weeks’ notice.,
Organization and Control—See 1st 5s. above.
Secured by a second mortgage on the property
oo by the first lien of the ist 5s which see
above.
Prior Lien—$5,000,000 ‘Ist 5s of 1929, for the
retirement of which bonds are reserved under
this mortgage.
Earnings—See 1st 5s above.
Market.
$5,000,000 owned
Registerable
See 1st 5s. -
MILWAUKEE NORTHERN RAILWAY CO. Ist
_ 5s. Due April 1, 1931.—N.
Dated April 1, 1911, Interest payable April
and Oct. 1, at’ Trustee! Ss a) Milwaukee, Wis.
- Authorized—$4, 000,
Outstanding—$1, oo $00.
Denomination—Coupon, $500 and $1,000.
Trustee—First Savings & Trust Co., Milwau-
kee, Wis.
4 Redeemable at 105 and interest on any interest
late.
Organization—Incorporated in Wisconsin in
1905 and 30 miles of road has been in operation
since 1907. -
Secured by a first mortgage on six-and one-
half miles of street railway in Milwaukee and
on about 63 miles of interurban railway extending
north from Milwaukee via Cedarburg to Sheboy-
gan, Wis. The road to Cedarburg is being
double tracked and a branch to Fond du Lac is
projected. Franchise in Milwaukee runs to
1935, Port Washington expires in 1956; all others
are perpetual. Enters Sheboygan’ under a
perpetual contract with the local’street railway
company. Outside of municipalities the road is
built on private right of way.
Net Earnings, 6/30/14........... $162,698
Tri ber OSG ipniisi-s sa ssnaesiin wr ievd eathoite Bceie sewer
Original Market—Offered in 1911, by Devitt,
Tremble & Co., Chicago, at par and interest.
Market.
Boston—Paine, Webber & Co.
Chicago—Devitt, Tremble & Co.
Milwaukee—Edgar, Ricker & Co., First Sav-
ings Bank & Trust t Co. John E. DeWolf Co.
MILWAUKEE, SPARTA & NORTHWESTERN
RAILWAY CO. Ist 4s. Due March 1, 1947.
See Map 26.
Dated March 1, ae Interest payable Mar.
and Sept. 1, at New Yor
Authorized and Outstanding—$15, 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000 and
$10,000. C. & R. interchangeable.
Trustees— Farmers’ Loeu & Trust Co., New
York and Edwin S. Marsto
é Control—Absorbed by the Chicago &N. W. Ry
0.
496
coo by the Chicago & North Western
Guaranteed as to principal and interest. by the
oniaee & North Western Ry. Co. by endorse-
-Secured by a first mortgage on (7) 178 miles
of road, from Lindwerm to Sparta, Wis., West
Allis to Jefferson, Wis., terminal yards, tracks and
buildings on the outskirts of Milwaukee. About
60 miles are double-tracked. This road shortens
the distance between Milwaukee and St. Paul
and Minneapolis by 25 miles, and between
Milwaukee and La Crosse, Wis. and points west
of the Mississippi River, by 86 miles. These
bonds are outstanding at the rate of $84,700
per mile. :
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
N. H., and R. I.
Listed on the New York Stock Exchange.
Original Market—$15,000,000 offered in Feb.,
1912, by Kuhn, Loeb & Co., New York, and
Kidder, Peabody & Co., Boston, at 9434 and
interest.
Market.
Boston—Kuhn, Fisher & Co., Paine, Webber
& Co., Kidder, Peabody & Co., Parkinson &
Burr, N. W. Harris & Co.
Chicago—Central Trust Co. of Ill., Yard, Otis
& Taylor, C. F. Childs & Co., King, Farnum &
Co., Harris Trust & Savings Bank, E. T. Kons-
berg & Co. :
New York—Clark, Dodge & Co., Hartshorne
& Picabia, L.°M. Prince & Co., Bull & Eldredge,
Redmond & Co., Effingham Lawrence & Co.,
Bigelow & Co., Plympton, Gardiner & Co., Fol-
som & Adams, Wolff & Stanley, Struthers’ &
Hiscoe, A. M. Kidder & Co., A. E. Fitkin & Co.,
Curtis & Sanger, J. A. Clark & Co., Harvey Fisk
& Sons, Freeman Co., Knauth, Nachod &
Kuhne, F. H. Hatch & Co., Blodget & Co., Har-
ris, Forbes & Co., J. S. Bache & Co. .
Philadelphia—E. W. Clark & Co., Mellor,
& Petry, Henry:& West. -
New Haven—Farlee & Goodrich.
MINERAL POINT (WIS.) PUBLIC SERVICE
‘ CO. 1st & Refg. 6s. Due Jan. 1, 1934.—F.
Dated Jan. 1, 1914. Interest eee Jan.
1 and July 1, at First Savings Trust Co.,
Milwaukee.
Authorized—31,000,000.
Outstanding—$125,000.
Denomination—Coupon, $100, $500 and $1,000
Trustee—First Savings & Trust Co., il-
waukee, Wis.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—10% of net earnings to be
applied either to the retirement of bonds or for
additions. : 7 ote
Organization—Incorporated in Wisconsin in
11.°
Secured by a first mortgage on steam power
plant and electric and steam _heat distributing
systems in Mineral Point, Wis., and 25 mile
transmission line supplying electricity to zine
mines and smelters as well as to many towns in
the vicinity of Mineral Point. Population
served, 15,000. The company operates under
an indeterminate franchise from the state.
Net Earnings, 12/31/14........... $21,917
Original Market—$125,000 offered by’ the
John E. De Wolf Co., Milwaukee, Wis., in June,
1914, at par. :
MINERAL RANGE RAILROAD Cons. 4s and
5s. Due Jan. 1, 1931.—N.
Dated Jan. 1, 1891. Interest payable Jan. and
July 1, at 55 Wall St., New York, and Can. Pac.
office, Montreal, Que.
Authorized—$600,000.
Outstanding—$254,000 4s (all owned by Can.
Pac. Ry. Co.); $346,000 5s.
497
Denomination—Coupon, $500. Registerable
as to principal only. rf :
Trustees—W. R. Shelby, Grand Rapids, Mich.,
and W. A. Briscoe, Norwich, Conn.
Redeemable at 105 and interest on s'
notice.
, Guaranteed—The 4s are: guara:
interest by Can. Pac. Ry. Co.
Organization and Central ~Ineosporated: in
Michigan in 1871. A majority of the stock is
owned by the Duluth, South Shore & Atlantic
Ry. Co., which is in turn controlled by the
Canadian Pacific Ry. Co. The Mineral Range
R. R. Co. owns 68 miles of road and operates 56
miles additional.
Secured by a first mortgage on 16 miles of
railroad from Calumet to Houghton, Mich. This
road is located in the heart of the copper mining
region of Michigan.
Underlies—$1,000,000 Gen. 4s guaranteed by
and all owned by the Canadian Pacific Ry. Co.
Net Earnings, 6/30/14 $27,038*
Interest... 108,228
*Compares 3.
ix months’
nteed as to
“with $109,939 in 1912-1:
Market.
New York—F. J. Lisman & C
Hicks.
MINNEAPOLIS & PACIFIC RAILWAY CO.
1st 4s. Due Jan. 1, 1936.—N.
See Map 73. . : :
Dated January 1, 1886. -Interést’ payable
Jan. and July 1, at Bank of Montreal, New York.
Issued—$4,290,000. 2 .
-Exchanged for and held by the Trustee of the
M., St. P. & S.S. M. ist Cons. 5s—$4,004,000.
Outstanding—$286,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., N. Y. |
Control—Consolidated on June 11, 1888, into
the Minneapolis, St. Paul & Sault Ste. Marie
Ry. Co., which is controlled through stock owner-
ship by the Canadian Pacific Ry. Co. © ‘i
' Guaranteed as to interest by the Canadian
Pacific Ry. Co. in consideration of a reduction
in interest from 5% to 4%.
Secured by a first mortgage on (3) 287 miles
of road from Minneapolis, Minn. to Boynton,
.D. This road affords the M., St. P. & 8. Ste.M.
Ry. Co. its only entrance into Minneapolis from
the West, and forms part of that road’s main line
from a connection with the Canadian Pacific
Ry. at Portal, N. D., to Sault Ste. Marie, Mich.
These bonds are outstanding at the rate of $1,000
per mile. — 2
Underlies—$56,863,000 Minn., St. Paul &
Sault Ste. Marie 1st Cons. 5s of 1938.
Legal for Baltimore,. Cal., Conn., Fla., Me,
a Minn., Mo., N. H., N. J., R. L, Wis.,
o., Coggeshall &
Registerable
MINNEAPOLIS & ST. LOUIS RAILROAD CO.
Incorporated in Minnesota in 1894. In 1911
absorbed the Iowa Central Railway Co., through
an exchange of stock. The Minneapolis & St.
Louis R. R. Co. owns 1,500 miles of road from
Minneapolis, Minn., via Oskaloosa, Ia., to Peoria,
Ill., Minneapolis to Watertown, Leola and. Le
Beau, S. D., and to Des Moines, Storm Lake and
Ft. Dodge, Ia., and leases and has trackage
rights on 84 miles additional. -
The lines of the company traverse the wheat
belt of Minnesota and South Dakota, and agri-
cultural products, under normal conditions
furnish more than one-third of its tonnage.
Consequently the road is more or less depend-
ent on crops for its income, which fluctuates
widely, with good and bad crops. The com-
pany has outstanding $5,883,170 5% non-cumu-
lative preferred stock and $15,205,620 common
stock. No dividends have been paid on either
stock since 1910.
The M. & St. L. R. R. Co. and controlled com-
panies have outstanding on the 1,585:. miles
operated, bonds at the rate of $31,000 per mile..
In ‘the past nine’ years. the company has had a
deficit five times after the payment of its inter-
est charges. These deficits have averaged
$200,000 per annum.
Report, years ended June 30:
° 1913-14 1912-13
Gross Earnings. $9,620,884 $9,707,004
Net Earnings. 2,288,013 2,617,011
Net Income 2,075,125 2,609,676
Interest.... 2,109,128 2,052,038
Miscellaneou é 119,389 105,744
Balance...... Def $158,392Surp.$451,894
MINNEAPOLIS & ST. LOUIS RAILWAY CO.
1st 7s. Due June 1, 1927.—F.
See Map 70. .
Dated Feb. 1, 1887. Interest payaliie June 1
and Dec. 1, at company’s office, New York.
Authorized—$1,100,000.
Outstanding—$1,100,000 of which $150,000,
being bonds numbered from 1,100 to 1,400 have
been assumed by the Chicago, Rock Island &
Pacific Ry. Co.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal or fully registerable.
Yon cme Loan & Trust Co., New
ork.
Guaranteed—$150,000 (Nos. 1,100 to 1,400)
were guaranteed by the Burlington, Cedar Rapids
& Northern Ry. Co. This company has been
absorbed by the.C., R. I. & P. Ry. Co.,.and the
guarantee assumed by that company. 2
Secured by a first mortgage on. (5) 120 miles of
road from Minneapolis to the Iowa-Minnesota
State Line. This road forms an important part.
of the main line of the M. & St. L. R. R. between
Minneapolis and Peoria, Ill. The 12 miles
between Albert Lea, Minn., and the Iowa-
Minnesota State Line are leased to the Chicago,
Rock Island & Pacific Ry. Co. Upon the retire-
ment of this issue, this mileage will become the
property of the C.,R. I. & P. Ry. Co. These
ae are outstanding at the rate of $9,100 per
mile. - 4
Underlies—$26,000,000 Minneapolis & St.
Louis bonds and notes. Bonds are reserved
under the M. & St. L. R. R. Refg. & Ext. Mort-
gage to retire, this issue.
Listed on the New York Stock Exchange.
Market.
New York—Gilman & Clucas, Hartshorne &
pee MeGeorge & Vanderhoef, Whittemore,
el 0.
MINNEAPOLIS & ST. LOUIS RAILWAY CO.
Pacific Ext. lst 6s. Due April 1, 1921.—N.
See Map 71.
Dated June 1, 1881. —Interest payable April 1
and Oct. 1, at company’s office, New York.
Authorized—$6,000,000. é
Outstanding—$1,382,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Empire Trust Co., New York.
Assumed by the Minneapolis & St. Louis R. R.
Co. ° i
Secured by a first mortgage on (1) 94 miles of
road from Hopkins, to Morton, inn.; and
second mortgage on (2) nine miles from Hopkins
to Minneapolis, subject to a prior lien at the rate
of $9,100 per mile. These bonds are outstand-
ing at the rate of $13,400 per mile.
- Prior Lien—$950,000 1st 7s of 1927. .
Underlies—$25,000,000 Minneapolis & St.
Louis R. R. bonds and notes. Bonds are reserved
under the M. & St. L. R. R. Co.’s Refg. & Ext.
mortgage to retire this issue. .
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Coffin & Co.,
Blodget & Co., Hartshorne & Battelle, Whitte-
more, Pell & Co.
Philadelphia—E:.W. Clark & Co.
MINNEAPOLIS & ST. LOUIS RAILROAD
CO. Ist Cons. 5s. Due Nov. 1, 1934.—F.
See.Map 71.
Dated Nov. 2, 1894. Interest payable May 1
and Nov. 1, at company’s office, New York.
Authorized—$10,000,000.
Outstanding—$5,282,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. :
Trustee—New York Trust Co., New York. .
Secured by a first mortgage on (3) 152 miles of
road from Albert Lea, Minn., to Angus, Ia., a
second mortgage on (1) 194 miles of road from
Hopkins to Albert Lea and Hopkins to Morton,
all in Minnesota, subject to prior liens at an
average rate of $12,200. per mile, and a third
mortgage on (2) nine miles. of road from Hopkins
to Minneapolis, Minn., subject to prior liens at
the rate of $22,500 per mile. Further secured by
a first lien on $7,000 stock and $95,000 bonds of
the Minn. Transfer Ry. Co. These bonds are
outstanding at the rate of $15,000 per mile.
Prior Liens—$2,482,000 Pac. Ext. lst 6s and
Ast 7s of 1927. :
Underlies—$20,000,000 bonds and_ notes.
Bonds are reserved under the Refg. & Ext. Mtge.
to-_retire this issue.
Listed on the New York Stock Exchange.
Original Market—$5,000,000. offered. Dec.,
1894, at 98}4. and interest by August Belmont
& Co., Vermilye & Co. and: J. Kennedy Todd &
Co., New York.
Market.
fe '
New York—J. S. Bache & Co., Berdell Bros.,
McGeorge & Vanderhoef, J. S. Farlee & Co.,
Wolff & Stanley, Coffin & Co., Blodget & Co.,
artshorne & Battelle, Newborg & Co.
Philadelphia—E. W. Clark & Co., Mellor
& Petry. #8
MINNEAPOLIS & ST. LOUIS RAILROAD
CO. 1st & Ref. 4s.
Due March 1, 1949.—F.
See Map 71
Dated March 1, 1899. Interest payable March
and Sept. 1, at company’s office, New York,
Authorized—$25,000,000.
Outstanding—$13,244,000. (Closed mortgage)
Denomination—Coupon, $1,000. , Registerable
as to principal or fully registerable..
Trustee—Central Trust Co., New York.
Secured by a first mortgage on (4) 277 miles of
road from Morton, Minn., to Watertown, S. D.;
and Winthrop, Minn., to Storm Lake, Ia.; a
second mortgage on (3) 290 miles of road from
Albert Lea, Minn., to Angus, Ia., and Des Moines
to Ruthven, Ia., subject to prior liens at the rate
of-$18,000 per mile; a third mortgage on (1) 194
miles from Hopkins to Morton, Minn., and
Hopkins to Albert Lea, Minn., subject to prior
liens at an average rate of $27,200 per mile; a
fourth mortgage on (2) nine miles of road from
Hopkins to Minneapolis, Minn., subject to prior
liens at the rate of $37,500 per mile.
hese bonds are. outstanding at the rate of
$17,200 per mile. These bonds are further se-
cured by a first lien on $299,500 common stock
of the Railway Transfer Co. of Minneapolis.
Prior Liens—$10,800,000 Pac. Ext. Ist 6s of
1921; 1st 7s of 1927; and 1st Cons. 5s of 1934.
Underlies—$6,000,000 bonds and_ notes.
Bonds are reserved under the Ref. & Extn.
mortgage to retire this issue.
Listed on the New York Stock Exchange. -
Original Market—$5,000,000 offered in Feb.,
1899, at 9314 and interest by Redmond, Kerr &
Co. (now Redmond & Co.), New York. :
Market. ay
New York—Wolff & Stanley, Plympton, Gar-
diner & Co., J. S. Farlee & Co., Keech, Loew &
498
Co., J. S. Bache & Co., Hartshorne & Battelle,
Seasongood & Haas, E. Bunge & Co.
St. Paul—Stevens, Chapman & Co.
MINNEAPOLIS & ST. LOUIS RAILROAD
Co. Ref. & Ext. 5s. Due Feb. 1, 1962.—F.
ae eg s :
ate ebruary 1, 1912. Interest payable
Feb. 1, May 1, Aug. 1 and Nov. 1, at company’s
office, New York. s
Authorized—$75,000,000.
Outstanding—$3,587,000.
Deposited as Collateral for Notes—$5,500,000.
Held by Trustee—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to prmcal Registered $1,000 and multiples.
C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Redeemable as a whole only at 105 and interest
on any interest date on 60 days’ notice.
Secured by a first mortgage on (1) 230 miles of
road from Watertown to Leola, S. D., and Conde
to Le Beau, S. D.; a second mortgage on (2) 277
miles of road from Morton, Minn., to Water-
town, S. D., and Winthrop, Minn., to Storm Lake,
Ia., and bridge over Mississippi River at Keiths-
burg, Ill., subject to a prior lien at the rate of
$19,600 per mile; a second lien upon the entire
issue ($555,000) First Mortgage bonds, and
$900,000 out of $917,000 capital stock of the Iowa
Central & Western Ry., owning (3) 37 miles of
road from Belmond to Algona, Ia., subject to a
prior lien at the rate of $13,000 per mile; a third
mortgage on (4) 792 miles of road from Albert
Lea, Minn., to Angus, Ia., Northwood, Ia., to
West Bank of Mississippi River, East Bank of
Mississippi River to Iowa Jet. three miles from
Peoria, Ill., Ruthven to Des Moines, Ia., and
branches subject to prior liens at an average rate
of $31,000 per mile; a fourth mortgage on (5) 194
miles of road from Hopkins to Morton and Hop-
kins to Albert Lea, Minn., subject to prior liens
at an average rate of $46,300 per mile, and a fifth
mortgage on (6) nine miles of road from Hopkins
to Minneapolis, Minn., subject to prior liens at
the rate of $57,100 per mile. Further secured by
a collateral lien on $7,000 capital stock of Trans-
fer Co. and $95,000 First Mortgage bonds of
the Minnesota Transfer Co., subject to the lien
of the Minn. & St. Louis 1st Cons. 5s and the
Minn. & St. Louis 1st & Ref. 4s, and $299,500
stock of the Railway Transfer Co. of Minasapell,
and on the rolling stock of the Minn. & St. Louis
Co., subject to existing equipment obligations,
provision for the payment of which is made in
this issue. These bonds are outstanding on
1,539 miles of road at the rate of $6,800 per mile.
Prior Liens—$41,000,000 bonds and notes of
the M. & St. L. R. R. and absorbed companies.
Listed on the New York Stock Exchange. _
Original Market—$2,500,000 underwritten in
Dec., 1911, by J. S. Bache & Co., New York,
and offered to stockholders of this company
and the Iowa Central at par with a 50% bonus
of preferred stock. About $900,000 was sub-
scribed for in this way. :
Market —
New York—Wolff & Stanley, J. S. Bache & Co.
Philadelphia—Chas. T. Brown & Co.
MINNEAPOLIS & ST. LOUIS RAILROAD CO.
Secured 6% Notes. Due Feb. 1, 1916.—N.
Dated February 1, 1914. Interest payable
Feb. and Aug. 1, at company’s office, New York.
Authorized—$2,500,000.
Outstanding—$2,500,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable at par and interest on 60 days’
notice.
Security—A direct obligation of the company,
and secured by deposit with the Trustee of
$5,500,000 (par value) Minneapolis & St. Louis
R. R. Ref. & Ext. 53 of 1962.
see above.
Market.
New York—Bull & Eldredge.
MINNEAPOLIS & ST. LOUIS RAILROAD CO.
Car Trust 5 % Certificates, Series ‘‘A.” Due
$60,000 each April 1, to April 1, 1919.—F.
Dated April 1, 1909. Interest payable April
and Oct. 1, at Company’s office, 25 Broad Street,
New York.
Authorized—$600,000.
Outstanding—$240,000.
Balance Retired.
Denomination—Coupon, $1,000. Hepisterabls:
as to principal.
Trustee—The Pennsylvania Co. for Insurances
on Lives and Granting Annuities, Philadelphia.
Secured by an equipment trust agreement on
14 locomotives, 750 box cars and 100 gondola
cars, epeeing $808,353, of which $208,358 was paid
in cas
Original Market—Offered in 1909 by Tailer
& Co., New York.
Market.
New York—Coggeshall & Hicks.
MINNEAPOLIS & ST. LOUIS RAILROAD CO.
Car Trust 5% Ctfs. (Series ‘‘B.”) Due
$18,000 annually on Oct. 1, to 1920.—F.
Dated Oct. 1, 1910. Interest payable April 1
and Oct. 1; at Trustee’s office. ji
Authorized—$180,000.
Outstanding—$108,000.
Balance Retired.
Denomination—Coupon, $1,000.
as to principal. of
Trustee—Pennsylvania Company for Insur-
er on Lives & Granting Annuities, Phila-
lelphia. “
Redeemable at 101 and interest on any inter-
est date. i ote
-Secured by an equipment trust agreement on
12 locomotives, costing $212,000 of which
$32,000 was paid in cash. 2
Original Market—First offered in Sept., 1910,
by Brown Bros. & Co., New York, Philadelphia
ie Boston, at prices ranging from 99.81 to
For description
Registerable
Market.
New York—Brown Bros. & Co., Coggeshall &
Hicks.
MINNEAPOLIS & ST. PAUL SUBURBAN
RAILWAY ist 5s. Due Sept. 1, 1924.—F,
Dated 1899. Interest payable March and
Sept. 1, at Central Trust Co., New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. .Registerable
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed as to principal and interest by
Twin City Rapid Transit Co.
Control—All of the stock is owned by Twin
City Rapid Transit Co. : .
Secured by a first mortgage on suburban elec-
tric railways in and around St. Pauland Minne-
apolis, Minn. These lines were segregated from
the city lines as the result of a decision of the
Supreme Court, which declared that the subur-.
ban lines were subject to a tax of 4% on gross
earnings. Franchises extend to 1923.
Net Earnings, T. C. R. T. Co.,
12/31/16. ct is ee Rees $3,868,457
Interest........--...4- ae tiee 986,743
Market.
2 as Paul—White, Grubbs & Co., C. O. Kalman
0. :
MINNEAPOLIS GAS LIGHT CO. Ist Gen.
(now Ist) 5s. Due Feb. 1, 1930.—F.
Dated September 1, 1903. Interest Bavable
March and Sept. 1, at Trustee’s office, or Con’t &
Com’! Tr. & Sav. Bank, Chicago.
499
Authostaed 10 000: 000.
Outstanding—$6,36
Retired by Sinking “fund—s711, 000.
Held in Treasury—$186,0!
Denomination—Coupon, eL 000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable as a whole at 105.and interest
on March 1, 1915 or any interest date thereafter.
Sinking Fund—$147, 000 payable Feb. 15 of
each year from 1911 to 1929, inclusive, for the
redemption of these bonds, numbered 1,001 to
3,868, in numerical order, at 10214 and interest.
This fund was created to retire the $3,000,000
bonds issued March, 1910, to retire a like amount
of 1st Cons.
Organization and Control—Incorporated in
Minnesota in 1870. The company is controlled
by. interests identified with the United Gas Im-
provement Co.
Secured by a first mortgage on lant supplying
gas to Minneapolis. Population (1910), 301,408.
Franchise granted for 20 years Feb,, 1910 is ex-
clusive and specifies 85-cent gas for private con-
sumer and 65-cent gas for the city. The city
reserves the right to supervise security issues
and adjust rates at intervals of five years.
Net Earnings, 12/31/14. $517,598
Interest..........-... ‘2 308,882
Sinking Fund.................-5 147, 7000
Original Market—Offered in 1911, by com H.
Rollins & Sons, New York, Beton: etc.,at par
and interest.
Registerable
Mar
Minneapolis— Wells . a uae Co., Minne-
apolis Trust Co., Minnesota Loan & Trust Co.,
William W. Eastman, Stevens, Chapman & Co.,
W. E. Neiler Co.
Baltimore—Baker, ae & Co., J. S. Wilson,
Jr., & Co., Jenkins, Whedbee & Poe.
Chicago—Stanwood, Taylor & Co., Alfred L.
Baker & Co., John Burnham & Co., Hulburd,
Warren & Chandler, C. F. Childs & Co., E. H.
Rollins & Sons.
St. Pant Whales Grubbs & Co., C. O. Kalman
& Co., F. E. Megraw.
: Milwaukee—First Savings, Bank e Trust Co.
New York—G. W. Walker & Co., E. H. Rollins
and Sons, Rauscher & Childress, S. L. Snowden,
Ernest Smith, Miller & Co.
Philadelphia—s. K. Phillips, Chandler & Co.,
Ervin & Co., Reed & Huntoon, Oscar R. Dare.
Boston—Wm. A. Read & Co., E. H. Rollins &
Sons, L. Sherman | Adams, Hotchkin & Co.
(THE) MINNEAPOLIS GENERAL ELECTRIC
CO. Ist 5s. Due Dec. 1, 1934.—F.
Dated December 1, 1904. Interest payable
June and Dee. 1, at Leusteess office, Boston.
Authorized—$38,000,000. ‘
Outstanding—$7, 177, 000.
Retired by Sinking Fund_—$223,0
Denomination—Coupon, $1,000. i eearbi
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable as at 110 and interest any interest
dati
Sinking Fund—Annually on April | 1,1% of out-
standing bonds for the purchase or redemption of
bonds at not over 110 and interest.
Organization and Control—Incorporated in
New Jersey in 1899 and in 1912 the Consumers
Power Oo. of Minnesota a subsidiary of the
Northern States Power Co. acquired control
through stock ownership.
Management—H. M. Byllesby & Co., Chicago.
. Secured by a first mortgage on plant supplying
electricity to Minneapolis and additionally
secured by the deposit of all the stocks and bonds
of the St. Croix Falls Wisconsin Improvement
Co. and the St. Croix Falls Minnesota Improve-
ment Co. The two companies own a hydro-
electric plant of 20,000 h.p. and 40 miles of
transmission lines built on private right of way
500
to Minneapolis, Population (1910) 301,408.
Principal franchises are reported unlimited as to
time,
Net Earnings, 12/31/14 .. $1,212, 948
BUCO ROB Ee sia. sascrtse pak Sesoeied te vise -451,109
Original Market—First offered in "1908 by
Spencer Trask & Co., Lee, Higginson '& Co. and
by Blodeets Merritt & Co., at 984 and interest,
and in 1911, by Blodget & Co., New York and
Boston, at 10034 and interest. Offered in’ 1912,
by the ‘National City Bank, Northern Trust Co.,
and the Merchants’ Loan & Trust Co., Chicago,
at par and interest.
Market.
New York—Spencer Trask & Co.,' Hayden,
Stone & Co., Lee, Higginson & Co., Blodget &
Co., Wolff & Stanley, Parkinson & Burr, Curtis
& Sanger, Estabrook & Co., Berdell Bros., H. F.
Bachman & Co., E. & C. Bendetphy Bigelow &
Co., Peck, Rasmus & Truesdale, sapere 2 &
Kirkpatrick & Lewis, W. P. Bonbri ae
John D. Curtis & Co., xe & H. or
Byllesby' & Co., J. H. Howell &
Boston—Lee, Higginson & Co., Walter S. Place,
Hayden,' Stone & Co., Parkinson &'Burr, Mer-
rill; Oldham & Co., E. M, Farnsworth & Co.,
Edgerly & Crocker, Burgess,, Lang &'Co., F. B.
Bassett & Co., L. Sherman Adams; Blodget &
Co., Sollers, Phillips & Co., Paine, Webber & Co.
New Haven—W. T. Fields Co.
Minneapolis—Minneapolis Trust Co., Wells
& Dickey, Stevens, Chapman & Co.
St. Paul—White, Grubbs & Co., C. O. Kalman
Co., F. E. Megraw.
-Chicago—Northern_ Trust Co., Merchants
Loan & Trust Co., National City Bank Stan-
wood, Taylor & Co., H. M. Byllesby & Co.,
Spencer Trask & Co.
Philadelphia—C. Clothier Jones & Co., Osear
R. Dare.
Providence—Richardson & Clark, Hornblower
& Weeks.
Utica—Avery Horton.
Baltimore—Mackubin, Goodrich & Co.
MINNEAPOLIS GENERAL ELECTRIC CO.
6% Notes. Due June I, 1917.
Dated June 1, 1914. Interest payable June
1 and Dec. 1 in New York and Chicago.
Authorized—$3,000, oe
Outstanding—$2, 000,0
ui ue be po $100, $500 and $1,000.
Organization, Property, Earnings, etc.— (See
1st 5s above),
Security—A direct obligation of the company
but not secured by a mortgage. The company
covenants that it will not issue the remaining
$1,000,000 bonds prior to Dec. 1, 1915, and that
it will’ not create any new mortgage upon its
properties without equally securing these notes.
Prior Lien—$7,777,000 1st 5s.
- Original Market—$2,000,000 offered in June,
1914, by William P. Bonbright & Co., New York,
etc., "and H. M. Byllesby & Co., Chicago, at 99
and interest.
Market.
New York—H. M. Buliceby & Co. :
i Eee & Weeks, Burgess, Lang
‘0.
MINNEAPOLIS, “LYNDALE & MINNETONKA
RAILWAY AND MINNEAPOLIS STREET
RAILWAY Ist 5s. Due Jan. 15, 1919.
cp Minneapolis St. Ry. 5s. January 15, 1915,
elow.
MINNEAPOLIS, ST. PAUL & a STE.
MARIE RAILWAY COMPAN
Incorporated in Minnesota and North Dakota
in 1888. The company owns 3,000 miles of
road from Sault Ste. Marie, Mich., through
Minneapolis and St. Paul, Minn., to Portal,
with numerous branches in Minnesota
De
and North Dakota. The company has a con-
trolling interest in the stock of the Wisconsin
Central Railway Company, and leases that
company’s 985 miles of road from Chicago to
St. Paul, Minneapolis: and Duluth, Minn., for
99 years from 1909, paying 4% per annum on
the preferred stock of the Wisconsin Central
Ry. Co. deposited with the M., St. P. & S. Ste.
M. Ry. Co. The Wisconisn Central Ry. is
operated as the Chicago Division of the M., St.
P. & S. Ste. M. Ry. Co.
The Minneapolis, St. Paul & Sault Ste. Marie
Ry. Co. is controlled by the Canadian Pacific
Ry. Co., and in connection with that company
operates through trains between Chicago, Minne-
apolis and North Pacific Coast points.
The Minneapolis, St. Paul & Sault Ste. Marie
Ry. Co. has outstanding $12,603,400 preferred
stock, of which the Canadian Pacific Ry. Co.
owns $6,361,800 and $25,206,800 common stock,
$12,723,500 of which is owned by the Canadian
Pacifie Ry. Co. The preferred stock is entitled
to 7% non-cumulative dividends, and to share’
equally with the common stock in any dividends
in excess of 7% per annum paid on the latter.
Dividends have been paid on both classes of
stock since 1903; since 1910 the common stock
has received 7% per annum.
The company has bonds outstanding secured
on the road owned by it at the rate of $23,000
per mile. The net income in each year for a
long period of years has exceeded twice the in-
terest charges on the entire funded debt.
Report, years ended June 30-:
ant 1913-14 1912-13
Gross Earnings. : $18,274,379 $20,968,555
Net Earnings. 6,352,154 9,165,545
Net Income. : 6,409,389 8,886,541
Renitals......... 153,145 162,926
Interest......... 3,392,692 3,196,199
Dividends....... 2,646,714 2,646,714
Surplus....... $206,788 $2,880,701
MINNEAPOLIS, ST. PAUL & SAULT STE.
MARIE RAILWAY CO. ist Consol. 4s &
5s. Due July 1, 1938.—F.
See Map 74.
Dated June 18, 1888. Intérest payable Jan.
and July 1, at Bank of Montreal, New York.
Authorized—$21,000,000 and $20,000 per mile
in excess of 800 miles.
Outstanding—$56,863,000 4s; $2,000,000 5s.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
Guaranteed as to interest by the Canadian
Pacific Ry. Co. in consideration of the reduction
in interést from 5% to 4%.
Secured by a first mortgage on (1) 2,153 miles
of road, including the entire system north and
west of Minneapolis except the line from Minne-
apolis to Boynton and including the lines into
Duluth, and a second mortgage on (2) 287 miles
of road from Boynton to Minneapolis, subject toa
prior lien at the rate of $1,000 per mile, and‘on
500 miles of road from Minneapolis to Sault Ste.
Marie, Mich., subject to a prior lien at the rate
of $16,000 per mile. ‘These bonds are outstand-
ing at the rate of $21,600 per mile. _
Prior Liens—$8,422,000 Minneapolis & Pacific
1st 48 of 1936, and Minn., Sault Ste. Marie &
Atlantic 1st 4s of 1926.
Underlies—$3,500,000 Minn., St. P. & 8.8. M.
2nd 4s of 1949. z :
Legal ‘for Balt., Cal., Conn., Me., Mich., Minn.,
.H., N. Ji, N. Y., R. I. and Wis.
Listed on the New York and London Stock
Exchanges. ts
Original Market—$tI,000,000 4s offered in 1909,
by Wm. A. Read & Co., New York, Chicago,
Boston, ete., and $1,520,000 4s offered in Jan.,
1912, by same firm at 97 }4 and interest. $2,000,-
000 5s offered in March, 1915, by the same firm
at 105}4 and interest.
501
’
Market. se
. New York—Wm. A. Read & Co., Korn, Leh-
man '&' Co.,:‘Hartshorne & Picabia, Redmond
& Co., Alfred. R. Risse, L. M. Prince _& :Co.,
Plympton,-Gardiner & Co., Herrick & Bennett,
Wood, Struthers & Co., Struthers & Hiscoe.
Minneapolis—Stevens, Chapman & Co.
Boston—Wm. A. Read & Co.
MINNEAPOLIS, ST. PAUL & SAULT STE.
MARIE RAILWAY CO. 2nd 4s. Due
Jan. 1, 1949.—F.
See Map 74.
Dated January 2, 1899. Interest payable
Jan. and July 1, at Bank of Montreal, New York.
Authorized—$5,000,000.
Outstanding—$3,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed as to interest by the Canadian
Pacific Ry.
Secured by a second mortgage on (1) 2,153
miles of road-subject to a prior lien at the rate of
$21,600 per mile and a third mortgage on (2)
287 miles of road subject to prior liens at the
rate of $22,600 per mile and 500 miles of road
subject to prior liens at the rate of $87,600 per
mile. (For details see 1st Consol. Mtge. above.)
These bonds are outstanding at the rate of $1,300
per mile. =P
Prior Liens—$60,650,000 Minneapolis & Pacific
1st 4s of 1936; Minn., Sault Ste. Marie & Atlantic
1st 4s of 1926, and Minn., St. P. & Sault Ste.
Marie 1st Cons. 4s of 1938.
Legal for New Hampshire and Rhode Island.
MINNEAPOLIS, ST. PAUL & SAULT STE.
‘MARIE RAILWAY CO. Equip. 5% Notes,
Due $96,000 each Jan. Ist and July Ist to
‘July 1, 1916, and $111,000 on Jan. 1, 1917.
Registerable
Dated January 3, 1907. Interest payable Jan.
and July 1, at Bank of Montreal, New York. «
Authorized—$1,935,000.
Outstanding—$479,000.
Balance Retired.- 2
Denomination—Coupon, $1,000.
Trustee—Central Trust Co. New York.
Redeemable at par and interest on any interest
date upon 90 days’ notice. : e
Secured by a first lien on 50 locomotives, 63
passenger cars and 1,225 freight cars, costing $2,-
492,001 of which $557,001 was paid in cash.
Legal for Balt., N. H. and R. I.
Market.
Boston—Wnm. A. Read & Co.
i: pee York—Coggeshall & Hicks, Seasongood
Haas.
MINNEAPOLIS, ST. PAUL & SAULT STE,
MARIE RAILWAY CO. Equip. 414% Notes,
Series ‘‘B.”” Due $61,000 each April and
October 1st to April 1, 1920.—F. ,
- Dated April'1, 1910. Interest payable April
and Oct. 1, at Bank of Montreal, New York.
Authorized—$1,220,000.
Outstanding—$610,000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Secured by an equipment trust agreement on
500 ore cars, 300 stock cars, 900 box cars and 100
automobile cars, costing $1,646,630 of which
$426,630 was paid in cash.
Legal for Balt., N. H. and R. I.
Original Market—Offered in March, 1910 by
Wm. A. Read Co., New York, Chicago,
Boston, etc., at prices to net about 4.30%.
'_. Market.
Boston—Wm. A. Read & Co.
Philadelphia—Graham & Co.
New York—Coggeshall & Hicks, Seasongood
& Haas.
MUN NEAT OELS ST. PAUL & SAULT STE.
MARIE RAILWAY CO. Equip. 414% Notes,
Series ‘‘C.”. Due $60,000 each March and
September ist to March 1, 1921.—F.
Dated March 1, 1911. Interest payable March
and Sept. 1, at Bank of Montreal, New York.
Authorized—$1,190,000.
Outstanding—$720, 000.
Balance Retired.
Denomination—Coupon,. $1,000.
Trustee—Central Trust Co., New York.
Secured by a first lien on 31 locomotives, 35
steel passenger cars, 35 cabooses and 2 wrecking
cranes, costing $1, 358, 866 of which $168,866 was
paid in cash.
Legal for N. H. and R. I.
Original Market—Offered in March, 1911, by
Wm, A. Read & Co., New York and Boston.
Market.
Philadelphia—Graham & Co.
gee York—Coggeshall & Hicks, Seasongood
aas.
MENTEEY OUI, ST. PAUL & SAULT STE.
RIE RAILWAY CO. 44% Equip.
Not Series ‘‘D.” Due $51,000 each Dec.
and June Ist to June 1, 1922, inclusive.—F.
Dated June 1, 1912. Interest payable June
and Dec. 1, at Bank of Montreal, New York.
Authorized—$1, 020,000.
Outstanding—$7 59, 000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Secured by an equipment trust agreement on
9 locomotives, 6 passenger cars, 400 steel under-
frame cars, 350 steel underframe box cars, 100
refrigerator cars and 200 vegetable cars, costing
$1,278,708. of which $258, ee was paid in cash.
Legal for Balt., N. H. and
Prginal Market—Offered in’ ‘Sept., 1912 by
. A. Read & Co., New York, Boston, ete.
Market.
Philadelphia—Graham &
New York—Coggeshall a Hicks, Seasongood
& Haas.
MINNEAPOLIS, ST. PAUL & SAULT STE.
MARIE RAILWAY CO. 414% Equip. Notes,
Series “‘E.” Due $159,000 each July and
Jan. Ist to Jan. 1, 1923, inclusive.—F.
Dated ewe 1, 1913. Interest payable
Jan. and July 1, at a York.
Authedset—ie, 180,000.
Outstanding—$2, Bu, 000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Secured by an equipment trust agreement on
25 locomotives, 49 passenger and mail cars,
1,500 box cars, 700 ballast, flat and ore cars and
20 cabooses, costing $3,806, 657 of which $626,657
was paid in cash.
Legal for N. H. and R. I.
Original Market—Offered in 1913 by Wm. A.
Read & Co., New York. and Boston.
Market. :
New York—Wm. A. Read & Co., Coggeshall
& Hicks, Seasongood & Haas.
Philadelphia—Graham & Co.
MINNEAPOLIS, ST. PAUL & SAULT STE.
MARIE RAILWAY CO. and CENTRAL
TERMINAL RAILWAY CO. Ist Chicago
Terminal 4s. Due Nov. 1, 1941.—F.
Dated November 1, 1911. Interest payable
May and Nov. 1, in New York and London.
ree emai 000.
Outstanding—$6, 000.
Danniplanteae Conger: $1,000.
as to principal or fully registerable. Registered,
$1,000 and $5,000. C. & R. interchangeable.
Trustee—Guaranty Trust Co., New Yor
Redeemable as a whole on any interest date
Registerable
after May 1, 1916, at 105 and interest on 90 days’
notice, and in part by lot for the sinking fund at
102% and interest...
Sinking Fund—Beginning 1916, sufficient to
retire all bonds issued at or before maturity.
The Trustee must call bonds for payment begin-
ning Nov. 1, 1916, at 10234 and interest if not
nas in the open market at that price or
ower.
Organization and Control—The Central Ter-
minal Ry. Co. was incorporated in Illinois in 1911
for fifty years. All of the stock is owned by the
Minneapolis, St. Paul & S. Ste. Marie Ry. Co.
Secured by a first mortgage, executed jointly
by ane Central Ry. Terminal Co. and the M.,
P. &S. Ste. M. Ry. Co. on extensive property
a "the City of Chicago, on which the company is
erecting freight terminals.
Listed on the New York Stock Exchange.
Original Market—$6,000,000 offered in Nov.,
1911, by Wm. A. Read & Co., New York, Boston,
etc.. at 96}4 and interest.
Market.
New York—Wnm. A. Read & Co.
Minneapolis—Stevens, Chapman & Co.
MINNEAPOLIS, SAULT STE. MARIE & AT-
LANTIC Ewan CO. 1st 4s. Due Jan.
1, 1926.—
See Map 73.
Dated January 1, 1886. Interest payable Jan.
and July 1, at Bank of Montreal, New York.
Authorized—$10,000,000.
Exchanged for and Held by the Trustee of the
, St. P. &S.S. y ot Cons. 5s—$1,864,000.
Outstanding—$3,13
Denomination Coupon, "$1, 000.
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed as to interest by the Canadian
Pacific Ry. Co. in consideration of the reduction
of interest from 5% to 4%. .
Control—Absorbed by the Minneapolis, St.
Paul & S. Ste. Marie Ry. Co.
Secured by a first mortgage on (4) 500 miles of
road from Minneapolis, Minn.,. to Sault Ste.
Marie, Mich. These bonds are outstanding at
the rate of $16,000 per mile.
Underlies—$58,863,000 Minn., St. Paul &
Sault Ste. Marie Ry. 1st Cons. 4s & 5s of 1938.
Legal for Balt., Cal., SCout, I Pits Me. Mich.,
Minn., Mo., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—J. S. Bache & Co., Korn, Lehman
& Co., L. M. Prince & Co., Redmond & Co.
MINNEAPOLIS STREET RAILWAY CO.
Cons. 5s. Due Jan. 15, 1919.—N.
Dated Jan. 15, 1889. Interest payable Jan. 15
and July 15, at "Trustee's office.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Li petee amare: Loan & Trust Co., New
ork.
Guarantee—The bonds junior in lien as to part
of the property covered by this mortgage are
guaranteed as to principal and interest by the
Twin City Rapid Transit Co., which has no
outstanding bonded indebtedness.
Control—The Twin City Rapid Transit Co.
controls the Minneapolis Street Ry. Co., the
St. Paul City Ry. Co., the Minneapolis, Lyndale
& Minnetonka Ry. Co. and Minneapolis & St.
ies Suburban R. R. Co. through stock owner-
ship.
These companies own 412 miles of track including
the street railway systems in Minneapolis, St.
Paul and Stillwater and four interurban lines
connecting the business centres of Minneapolis
and St. Paul, and interurban lines to Minnetonka,
Se ee and other suburbs. Franchises expire,
602
Registerable
Ist
Secured by a first mortgage executed jointly
and severally by the Minneapolis Street Ry. Co.
and the Minneapolis, Lyndale & Minnetonka Ry.
Co. on the street railway system in Minne-
apolis and interurban lines in the vicinity of
that city.
Underlies—$10,000,000 Minn, St. Ry. & St.
Paul City Ry. Joint Cons. 5s of 1928. _ =
Net Earnings (Twin City Rap.
Tr. Co.) 12/31/14........... $3,868,457
Interest...... Mecare Gs a- 0 Notivaneceente 4 986,743
This issue................0... 486,743
Legal for Balt.
Listed on the New York and London Stock
Exchanges.
. Market.
Minneapolis—Wells & Dickey Co., Minne-
apolis Loan & Trust Co.
Baltimore—Jenkins, Whedbee & Poe, Poe &
Davies, Mackubin, Goodrich & Co., Riggs &
McLane, Strother, Brogden & Co.
a. Paul— White, Grubbs & Co., C. O. Kalman
0.
New York—Rauscher & Childress, L. F. Hep-
burn, Coffin & Co., Tobey & Kirk, A. M. Kidder
& Co., Kirkpatrick & Lewis, Hendricksen & Co.
MINNEAPOLIS STREET RAILWAY CO. and
ST. PAUL CITY RAILWAY CO. Joint Cons.
5s. Due Oct. 1, 1928.—-F,
Dated October 1, 1903. Interest payable
April and Oct. 1, at Trustee’s office, New York.
Authorized—$10,000,000.
Outstanding—$10,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
,Guaranteed principal and interest by the Twin
City Rapid Transit Co. by endorsement.
oresnteation and Control—See 1st Cons. 5s
above.
Secured by a mortgage executed jointly and
severally by the Minneapolis Street Ry. Co. and
the St. Paul City Ry. €o., covering by direct
lien the property of both companies and in-
cluding the street railway lines in and between
Minneapolis and St. Paul. Population served,
560,000. Franchise in Minneapolis has been
affirmed by the U. S. Supreme Court to 1923.
Prior Liens—$9,288,000 bonds of controlled
companies. ;
Earnings—See 1st Cons. 5s above.
Legal for Balt., Conn. and N. Y.
Original Market—$3,500,000 offered in Dec.,
1903, by Vermilye & Co., New York, at par and
interest, and $500,000 in Jan., 1912, by Wm. A,
Read & Co., New York, at 105 and interest. .
Market. .
Baltimore—Baker Watts & Co., Walter Kop-
pelman, Riggs & MeLane, Jenkins, Whedbee
& Poe, J. S. Wilson, Jr., & Co., Middendorf,
Williams & Co., Poe & Davies, Mackubin, Good-
rich & Co., Sutton & Co., Robt. Garrett & Sons.
Strother, Brogden & Co.
Boston—E. M. Farnsworth & Co., William A.
Read & Co.
. New York—-Kean, Taylor & Co., Wm. A. Read
& Co., Redmond & Co., Bigelow & Co., Coffin &
Co., Paterson & Co., Rauscher & Childress,
Mackay & Co., Kirkpatrick & Lewis, A. M. Kid-
der & Co., Hotchkin & Co.
Minneapolis—Wells & Dickey Co., Minne-
apolis Trust Co., Minnesota Loan & Trust Co.,
W. C. Neiler Co., Stevens, Chapman & Co,
St. Paul—White, Grubbs & Co., C. O. Kalman
& Co., F. E. Megraw, R. H. Merriam & Co.
Chicago—John Burnham & Co., William A.
Read & Co.
Philadelphia—Cassatt & Co., Oscar R. Dare.
MINNEAPOLIS TERMINAL Ist 3343. Due
Jan. 1, 1950.—N.
Dated January 1, 1900. Interest payable Jan.
and July 1, at Bank of Montreal, New York.
503
Authorized and Outstanding—$500,000. a
Denomination—Coupon, $1,000. Registerable
as to principal. ‘ :
ipo meaneapalis Trust Co., Minneapolis,
inn.
Redeemable at 105 and interest on any interest
ate. % a s -
Assumed by the Chicago Great Western R. R.
‘0.
Control—Absorbed by the Chicago Great
Western R. R. Co., which purchased the property
for $1,100,000 in cash, in addition to assuming
these bonds.
Secured by a first. mortgage on 7}4 miles of
trackage, 23 acres of real estate on Boom Island,
Minneapolis, and valuable freight terminals in
Minneapolis, Minn.
Net Earnings, C. G. W. R. R.
Co., 6/380/14...... 0.6 cee $2,433,273
Interest, etc...... 1,514,971
MINNEAPOLIS UNION RAILWAY CO. lst
5s and 6s. Due July 1, 1922.—N.
. Dated March 1, 1882. Interest payable Jan.
and July 1, at Great Northern office, New York.
Authorized—$3,000,000.
Outstanding—$2,150,000—6s; $650,000—5s.
{Closed mortgage). .
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—Absorbed by the Great Northern Ry.
‘0.
Assumed by the Great Northern Ry. Co.
Secured by a first mortgage on 214 miles of
double track and 434 miles of sidings, extending
from Union Stock Yards to Union Depot, Minne-
apolis, Minn., including bridge across the Missis-
sippi River and the Union Depot.
_Underlies—$78,000,000 St. Paul, Minn. &
Man. Cons. 63, 44s & 4s of 1933, and Great
Northern 1st & Ref. 414s of 1961. Bonds are
reserved under the Great Northern Ry. Co. 1st &
Refg. mortgage to retire this issue.
- Legal for Baltimore, Cal., Conn., Fla., Me.,
Mich., Minn., Mo., N.H., N.J., N.Y.,R.1. and Wis.
Listed (6s only) on the New York Stock Ex-
change. :
Market. .
New York—Coffin & Co., Clark, Dodge & Co.,
Redmond & Co., Berdell Bros., Remick, Hodges
& Co., Low, Dixon & Co., P. W. Brooks & Co.,
Wood, Struthers & Co.
St. Paul—White, Grubbs & Co.
Hartford—Roy P. Crary.
Boston—R. L. Day & Co.
MINNESOTA & IOWA RAILWAY CO. Ist
3s. Due June 1, 1924.—N.
. See Map.26. 2
Dated June 1, 1899. Interest payable June
and Dee. 1, at Chi. & N. W. Ry. Co., New York.
Authorized and Outstanding—$1,904,000.
Denomination—Coupon, $1,000. Fully regis-
terable. Registered, $1,000, $5,000 and $10,000.
aoe sai onal Loan .& Trust Co., New
ork.
Control—Absorbed by the Chicago & N. W.
y. Co.
a Assumed by the Chicago & Northwestern Ry.
0.
Secured by a first mortgage on (8) 119 miles
of road from Burt, Ia., to Vesta, Minn. These
Bends are outstanding at the rate of $16,000 per
mile.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H., N. J., N. Y., R. L, Vt. and
Wis. ;
Original Market—Offered in 1909 by N. W.
Harris & Co., New York, Boston and Chicago.
Market.
New York—Harris, Forbes & Co.
Chicago—Harris Trust & Savings Bank.
Boston—N. W. Harris & Co.
MINNESOTA & ONTARIO POWER CO. Ist
6s. Due annually Oct. 1, $200,000, 1915 to
1919; $300,000, in 1920 and 1921: $400,000,
1922 to 1924 and $500,000, 1925 to 1928,
inclusive.—F.
‘ Dated Oct. 1, 1908. Interest payable April
and Oct. 1, at First National Bank, Chicago and
First National Bank, New York.
Authorized—$5, 000, 000.
Outstanding—$3,630,000.
Denomination—Coupon, $500 and $1,000.
Registerable_as to principal.
Trustee—First Trust & Savings Bank and
J. C. Houghteling, Jr., Chicago.
Redeemable on any interest date in reverse of
numerical order, at 105 and interest. -
Guaranteed principal and interest by endorse-
ment by Backus-Brooks Co.
Organization—Incorporated i in Maine in 1908.
Owns in perpetuity either directly or through
ownership of the entire capital stocks and bonds
of the Rainy River Improvement Co. and the
Ontario & Minnesota Power Co., Ltd. complete
water power rights on both sides of the anny
River at International Falls, Minn., and Fort
Frances, Ont.
Secured either by direct first mortgage or by a
first collateral lien by the deposit of the securities
of the two companies mentioned above on a
hydro-electric plant, paper and pulp mill with an
annual capacity of 60,000 tons of paper and
15,000 tons of sulphite pulp. Also on electric dis-
tribution systems supplying towns of Inter-
national Falls and Fort Frances.
Original Market—Offered by Peabody, Hough-
teling & Co., Chicago, at and interest.
Market
Chicago—Peabody, Houghteling & Co., Hul-
burd, Warren & Chandler.
Minneapolis—Stevens, Chapman & Co., Min-
nesota Loan & Trust Co., Wells & Dickey Co.
ane York—Berdell Bros., Gude, Winmill &
0.
MINNESOTA & SOUTH DAKOTA RAILWAY
co. let eo Due Jan. 1, 1935.—N.
See Map
Dated ae 1, 1900. Interest payable Jan.
and July 1, at Chi. & N. W. Ry. Company’s
office, New York.
Authorized and Outstanding—$528,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
fon Oe Loan & Trust Co., New
ork.
Control—Absorbed by the C. & N. W. Ry. Co.
Assumed by the Chicago & Northwestern Ry.
0.
Secured by-a first mortgage on (9) 32 -miles of
road from Tyler, Minn., to Astoria, S. D. These
bonds are outstanding at the rate of $16,500 per
mile.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
inn., Mo., N. H., N. J., N. Y., R. I. and Wis,
MINNESOTA ELECTRIC LIGHT & POWER
1st 6s. Due May 1, 1935.—N.
Dated May 1, 1915. Interest payable May 1
and November 1, 1915. Interest payable May
1 and November 1 at Continental & Commercial
Trust & Savings Bank, Chicago.
Authorized and Outstanding $300, goo.
Denomination—Coupon, $100 $500
$1,000. Registerable as to principal only.
Trustees—Continental & Commercial Trust &
Savings Bank and Frank H. Jones.
Redeemable as a whole on any interest date at
103 and interest. $3,000 are redeemable annu-
ally at par and interest, in numerical order.
Sinking Fund—Cumulative sinking fund of
$3,000 per annum to retire bonds.
Organization—Incorporated in Minnesota.
Secured by a first mortgage on hydro-electric
plant and steam generating plant and distribu-
and
504
tion system in Bemidji. Population served,
about 10, 000. , Franchises are unlimited as to
time in Bemidj
"Underlies $100, 000° Ast & Ref. 6s.
Net Earnings, 12/31/14..........
Interest on bonds not out
Original Market—Offered in April, 1915, “by
Stanwood, Taylor & Co., Chicago and Eawin R.
Cooper & Co., Duluth, Minn., at par and interest.
MINNESOTA GAS & ELECTRIC CO. 1st S. F.
6s. Due Aug. 1, 1933.—F.
Dated Aug. 1, 1913. Interest payable Feb.
and Aug. 1, at corporate Trustee’s office.
Authorized—$600,000.
Outstanding—$325,000.
we $100, $500 and
Trustees—Continental & Commercial Trust &
Savings Bank and Frank H. Jones, Chicago. ‘-
Redeemable at 103 and interest on any interest
date on or after Aug. 1, 1918 on four weeks’
notice.
Sinking Fund—Annually on Aug. 1, 144% of
ycigees bonds, 1915 to 1918 inclusive; and
2% % thereafter for the purchase or redemption
of bonds at not over 103 and interest. Bonds
so acquired to be cancelled. o
Secured by a first mortgage on plants supply-
ing gas and electricity to Albert Lea, Minn.
Property covered also includes a hot water
heating plant.’ Population served, (1910) 6,192.
Franchises are unlimited as to time. Electric
Hengug contract with the city extends to July
’ Net Earnings, 12/31/18 $40,707
Interests.) 25 2 sc erya ese eas 19,500
Original Market— inst offered ‘October, 1918
by P. W. Brooks & Co., New York and Stanwood,
Taylor & Co., “Chicago, at Eeee and interest. ©
ar
New York—P. W. Brooks & Co., Howe, Norris
‘0. 7
Boston—Marshall & Co.,
Chicago—Stanwood, Taylor & Co.
Albany—Henry T. Prince. —
MINNESOTA TRANSFER RAILWAY CoO. 1st
4s and 5s. Due Aug. 1, 1916.—N.
Dated Ape 1, 1886. Interest payable Feb.
and Aug. 1, at First National Bank, St. Paul,
Minn.
Authorized—Unlimit ited.
* Outstanding—$1,067,000-4s; $904, 000-53.
Denomination—Coupon, $1,000.
mo ee Trust Co., St. Paul,
inn.
Organization and Control—Incorporated in
Minnésota in 1883. Controlled jointly through
ownership of the entire $70, 000 ore stock by
the Great No. Ry. Co.; No. Pac. ey aoe C.,
M. & St. P. Ry. Co.; C.,8t. P., M., & O. Ry. Co.}
M. & St. L. R. R. Co.; C., Gt. W. R. RB. Co.
C., B. & Q. R. R. Co.; M., St. P .& S&S. M. Ry.
Co.; and C., R. I. & Pac. Ry. Co.
Secured by a first torteane on 13% miles of
road from Minnesota Transfer to Fridley Jct.
and 78 miles of sidings in and around Min-
neapolis. The road furnishes interchange facili-
ties for freight between the proprietary com-
panies.
Net Earnings, 6/30/14 $90,462
Interest..............-. 90,297
Market.
St. Paul—White, Grubbs & Co., C. O. Kalman
Co.
new York—F. J. Lisman & Co., F. H. Hatch
‘O.
MISSISSIPPI CENTRAL RAILROAD CO.
1st 5s. Due July 1, 1949.—F.
See Map 130.
Dated July 1, 1909. Interest payable Jan.
and July 1, at Harvey Fisk & Sons, New. York.
Authorized—$10,000,000.
Outstanding—$3, 992, 500.
Held in Sinking Fund—$101,5
Denomination—Coupon, $100, *3500 and $1,000
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
" peceaniatie at 110 and interest on any interest
ate.
Sinking Fund—Beginning July 1, 1912, $300
per annum for each completed mile of road, not
including-sidings and switches, for the purchase
or redemption by lot of bonds at not exceeding
110 and interest. Bonds to be kept alve in
sinking fund and interest added to the fund. -
Guaranteed as to principal and interest and
sinking fund payments by the United States
Lumber Co. by endorsement. This guarantee is
secured by the deposit of 397 of the 400 shares of
each of four lumber companies, owning between
30,000 and 40,000 acres of timber lands in Miss-
issippi apiece. The surplus of the U. S. Lumber
Co., after payment of all charges, averaged
Sonu azo per annum in the four years from 1909
0 .
Secured by a first mortgage on (7) 164 miles of
road from Natchez to a point 14 miles southeast
of Hattiesburg, Miss. This is the only road
running east and west in Southern Mississippi.
The line is projected to Scranton, Miss., on the
Gulf of Mexico, and to Mobile, Ala. . These
panda are outstanding at the rate of $24, 700 per
mile.
Net Earnings, 6/30/14........... $388,317
Interest and sinking fund........ 254,200
Dividends siz als jes aaua is aya pect aen a
Listed on the New York Stock Exchange.
Original Market—Offered in 1909 by Harvey
Fisk & Sons, New York, at 9714 and interest.
Mai rket.
New York—Callaway, Tish & Co.,: Ambrose
R. Clark, Harvey Fisk & Sons, Babeoek, Rush-
ton & Co., Bigelow & Co., H. P. Taylor & Co.,
Jacobson & Friedman, Kirkpatrick & Lewis,
Gude, Winmill & Co.
Scranton—Brooks & Co., E. A. Burke & Co.
Hartford—Richter & Co.
Baffalo—H. P. Taylor & Co:
Pittsburgh—H. P. Taylor & Co.
MISSES IPRS GLASS CO. Ist 6s. Due April
$ o—r,
Dated May 2, 1904. Interest payable April 1,
and Oct. 1, at Guaranty Trust Co., New York.
Authorized—$1, 000, ioe
Outstanding—$,830500.
Retired by Sinking Fund—$169, 500. :
Denomination—Coupon, $500 and $1,000.
Trustees—Mississippi_ Valley Trust Co., St.
Louis, Mo., and Julius S. Walsh.
Redeemable at 110 and interest on any interest
ate.
- Sinking Fund—$25,000 par value of bonds are
to be retired annually, began Feb. 1 9.
Hea ineos poraeed in New York in
Secured by a first mortgage on plant at Port
Allegany, Pa., and by deposit of the entire
capital stock of the following companies: Mis-
sissippi Glass Co. with plants at St. Louis, Mo.,
and Vandalia, Ill., and the Mississippi Glass Co.
of W. Va., with plants at Latrobe, Pa., and
Morgantown. W. Va. - Further secured by de-
Roe of about 56% of the capital stock of the
lississippi Wire Glass Co., owning important
wire glass patents. Subsidiary companies have
no outstanding bonds.
Earnings—Wividends averaging 5.7% an-
nually have been paid since 1903. 4% was paid
in 1913 on $3,000,000 stock.
Original Market—Offered in 1904 by A. G.
pomards & Sons and Francis Bro. & Co., St
ouis.
Market.
st. Louis— Francis Bro. & Co., A. G. Edwards
ons.
New York—A. G. Edwards & Sons, Harts-
horne & Battelle.
MISSISSIPPI RIVER & BONNE TERRE
eae 1st S. F. 5s. Due Oct. 1, 1931.—
See Map 131.
Dated. October 2, 1911.
April-and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to. principal.
RHBLEE “Obs Louis Union Trust Co., St. Louis,
Interest payable
Redeemable at 105 and interest on any interest
date on 90 days’ notice.
Sinking Fund—$25,000 annually for first five
years and $50,000 annually thereafter for the
purchase or redemption of these bonds at not
over 105 and interest. Bonds so redeemed to be
kept alive in sinking fund.
Organization and Control—Incorporated in
Missouri in 1888. . The entire capital stock is
owned by the St. Joseph Lead Co.
Secured by a first mortgage on (11) 65 miles of
road from Riverside to Doe Run, in southeastern
Missouri. The road serves the lead mines of the
St. Joseph Lead Co., which are the most exten-
sive in America. Further secured by a first lien
on a $2,500,000 5% 20-year note of the St.
Joseph Lead Co. This is the only funded debt of
the company, which owns 20,000 acres of lead
mining land, and extensive mines and smelters,
and has paid dividends of at least 6% per annum
on its $10,000,000 stock for many years. These
bonds are outstanding at the rate of $38,500 per
mile, without allowance being made for the value
of the collateral.
Net Earnings, 6/30/13....... ... $420,156
Interest, ete.............. ee 199,243
Legal for Conn., Me., N. H. NG. and Vt.
Listed on the St. Louis Stock Exchange.
Original Market—Offered in Sept., 1911, by
White, Weld & Co., New York and Chicago, and
A. G. Edwards & Sons, New York and St. Louis,
at 101 and interest.
Market.
St. Louis—A. G. Edwards & Sons, Altheimer
& Rawlings Iny. Co., Walter E. Orthwein, Simon,
Brookmire & Clifford.
Chicago—First National Bank.
aoe York—White, Weld & Co., John D. Curtis
MISSISSIPPI RIVER & BONNE TERRE
RAILWAY CO. 5% Equip. Notes. Due
$50,000 each April 1, and October 1, to Octo-
ber 1, 1916.—
Dated October 1, 1911, Interest payable
January 1 and July 1, at First Trust_& Savings
Bank, Chicago and First National Bank, New
ork.
Authorized—$500,000.
Outstanding—$150,000.
Balance Retired. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—First Trust & Savings Bank,
Chicago and Charles W. Moore, St. Louis, Mo.
Redeemable as a whole on any interest date
at par and interest.
Secured by an equipment trust agreement on
20 locomotives, 12 passenger and combination
cars, 106 box cars, 960 dump cars and 25 coal
cars. For further details see 1st 53 above.
New York—Coggeshall & Hicks.
MISSISSIPPI RIVER POWER CO. Ist S. F.
5s. _Due Jan. 1, 1951.—
Dated- Jan. 1, 1911. Interest payable Jan.
1, and July 1, at offices of the Canadian Bank of
505
Commanes) Toronto and London and at Trustee’s
office.
Authorized—$25,000,000.
Outstanding—$20, 000, 000. :
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to eR only. Regis-
Cis $1,000 and $5,000. R. interchange-
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest on any interest
day as a whole only or in part for sinking fund.
Sinking Fund—Beginning January 1, 1916; and
annually thereafter, 1% of bonds outstanding.
Organization—Incorporated in Maine in 1910
to build and operate a hydro-electric plant on
the Mississippi River at Keokuk, Iowa.
Management—Stone & ‘Webster Management
Association.
Secured by a first mortgage on hydro-electric
plant on the Mississippi River at Keokuk, Ia.,
and Hamilton, Ill., with an initial capacity of
about 120,000 h.p. and ultimate capacity of
about 200,000 h.p. At the present time the
company has contracted 88,000 h.p. Furnishes
current under long term contracts for the opera-
tion of all street railways in St. Louis, E. St.
Louis and vicinity. Franchise was granted by
a of Congress in 1909 and is unlimited as to
‘ime.
Underlies—$1,500, vii eo? Debs. 1919.
Net Earnings, 12/31/ sosecaaileshs $1,254,522
*Interest, ete... ........0.2005 1,194,063
*Includes $151,125 charged to capital.
Listed on the Boston Stock Exchange.
Original Market—$15,000,000 offered in 1911,
by Kidder, Peabody & Co. and Stone & Webster,
Boston, at 8714 with bonus of $200 in common
stock of the company. $1,500,000 offered by
Stone & Webster in 1913, at 81 and interest.
“Market. ’
New York—Kidder, Peabody & Co., J. A.
Clark & Co., Fred. H. Hatch & Co., J. K. Rice,
Jr., & Co., Parkinson & Burr, Coffin & Co., Esta-
brook & Co., Boers. Leonard & Lewis, Howe,
Norris & Co., & C. Randolph, Lamarche &
Coady, Chas. q Jones &—~Co., Gilbert Eliott
& Co., Gude, Winmill & Co., C. H. Hensel, Kick-
patrick & Lewis, Geo. H. Burr & Co., Berdell
Bros., J. H. Howell & Co.
_poronto— Galdman & Co., Aemilius Jarvis &
“Mowtresi—Dontinion Securities Corp.
Chicago—Hulburd, Warren & Ghandise, Alfred
L. Baker & Co., M. T. Leonard & Co., E. T.
Konsberg & Co.
Boston—Hornblower & Weeks, Parkinson &
Burr, Walter S, Place, Stone & ee Ww. L.
Raymond & Co., F. B. Bassett & Co., L. Sher-
Dane Adams, Richardson, Hill & Co., "Hotehkin
New Haven—Chas. W. Scranton Co.
Philadelphia—E. B. Smith & Co., Chandler
& Co., S. K. Phillips, Oscar R. Dare.
Buffalo—Arthur Batty.
MISSISSIPPI VALLEY GAS. & ELECTRIC
Co. Coll. Tr. 5s. Due May 1, 1922.—N.
Dated May 1, 1912. Interest payable May
and Nov. 1, at Trustee’ 8 office.
Authorized—$10,0: 0,000.
Outstanding—$5, O00, 000.
Denomination—Coupon, $1,000 and $6500.
Registerable as to popes, a
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. :
Redeemable on any interest date at 102 and
interest.
Guaranteed principal and interest by Standard
Gas & Elec. Co.
Organization and Control—Incorporated in
Maine in 1912 as a holding company and con-
trols through stock ownership the Louisville Gas
& Electric Co., which latter company has ac-
quired all the’ gas and electric properties in
‘under general railroad laws.
Louisville, Ky., and is in turn controlled through
stock ownership by the Standard Gas & Electric
ee and $1,300,000 preferred stock of the M.. Vv.
. Co. is deposited under that company’s
Gout Tr. Notes, dated June 2, 1913.:
Management—H. M. B yllesby & Co., Chicago.
Secured Lg aap of $4,500,000 preferred
stock and $2,500,000 common stock of the Louis-
ville Gas & Electric Co. The total outstanding
earital stock of the latter company ‘is $17,193,-
00, and has outstanding $8,500,000 ‘1st & Ref.
6s, ‘due July 1, 1918, and $3, 121, 000 ‘Louisville
Lighting Co. ist 5s of 1953. .
Net Earnings, 12/31/14........ $248,216
I MEOT ESE 5 spsca re od 5 Srasintiie ve ot eneciapeceie 250,000
Original Market—Offered by H. M. Byllesby
& Co., Chicago, and Wm. P. Bonbright & Co.,
New York and London, at or with 30% bonus
of common Standard ee Elec. Co. stock.
ie Chicate—H. M. Byllesby & Co., C. F. Childs
New York—Wm. Pp Bonbright & Co., F. H,
Hatch & Co., Beyer & Co., Lamarche & Coady,
Rauscher & Childress, Berdell Bros., Gude, Win-
mill & Co., Hotchkin & Co.
Boston—L. pheno Adams, F. B. Bassett &
Co., Moors & Cabo
Philadelphia Chandler & Co., Reed A. Mor-
gan & Co.
Denver—James N. Wright & Co.
MISSOURI & ILLINOIS BRIDGE & BELT
ILROAD Cons. 4s. Due Jan. 1, 1951.—
Dated Jan. 1, 1904. Interest payable Jan.
and July, 1, at ‘St. Louis-Union Trust. Co., St.
Louis, Mo.
‘Anthericeds— >—$2, 500, 000,
- Outstandin; $1,590,000 ($800,000 are held to
retire prior lien).
Denomination—Coupon, $1,000.
Trustee—lIllinois State Trust Co., East St.
Louis, Tl.
Organization and Control—Incorporated in
Missouri in 1904. Controlled through- stock
ownership by the B. & O. R. R. Co.;, Chi. & East
Ill. ee R. Co.; Chi., Fears & St. L. Ry. Cos
C., Fs Ie & P. Ry. Co.;..C. C. C. & St. L. Bye oo. .
Lou. & Nash. R. R. Co.; M. K.& T. Ry.
Pac. Ry. Co.; -St. L., I; Mt: & S. Ry. Ca. ae
dalia R. R. Co. and Wabash R. R. Co. -
Secured by a mortgage on 2 14 miles of railway
and bridge over the Mississippi River between
Alton, Ill., and W. Alton, Mo.
Prior Lien—$800, 000 St. Clair, Mad. & ‘St.
L. Belt R. R. 5s.
Net Meee 6/30/14............ $100,123
Interest, Cte. «ccacces acmawae sees 61,617
Market.
New York—F. J. Lisman & Co., McGeorge &
Vanderhoef.
MISSOURI & KANSAS INTERURBAN RAIL-
WAY CO. Ist 5s. Due Jan. 1, 1956.
Dated Jan. 1, 1906. Interest payable Jan. I,
and July 1, at ‘Trustee's office
Authorized and Outstanding—$592, 000.
Held in Treasary—$8,0
DespinitoneCOUnen, iy 000.
as to principal.
Trustee—Fidelity Trust Co., Kansas City, Mo.
Organization—Incorporated. in Kansas in 1904
Present name
adopted in 1905. In 1908 receiver appointed
and discharged in 1909 without reorganization.
Motive power was originally gasoline and was
changed to electricity in 1908.
Secured by a first mortgage on 20 miles of in-
terurban road from Kansas City, Mo., to Olathe,
Kan. Enters Kansas City over tracks of the
Metropolitan Street .Ry.. Except in munici-
palities the road is built on irieate right of way.
Registerable
506
Net Earnings, 12/31/14....; 9
Interest on bond - : Z — ie enan 3 ob
Original Market—First offered in 1906 by
Swartwout & Appenzellar, New York.
MISSOURI & KANSAS TELE HONE co. 5%
Notes. Due April 15, 1916.
Dated April 15, 1914. Interest payable Aj sy
15 and Oct. 15, at office of American Tel. &
Co., 15 Dey St., New York.
Authorized and Outstanding —$7, 500,000.
Denomination—Coupon, $1,0
Guaranteed as to principal ea interest by
the American Tel. & Tel. Co. by endorsement.
Organization and Control—Incorporated_in
Missouri in 1882. Practically tne entire capital
stock is owned by the American. Tel. & Tel. Co.
- Security—A direct obligation of the company,
but not secured by a mortgage. The company
operates the lines of the Bell System in Kansas
and Missouri, excepting some 20 counties in
southeastern Missouri.
Prior Liens—$492,000 bonds of this and ab-
sorbed companies.
Net Earnings (after Interest),
12/80/18 ssc signees Bi
Earnings of Am. T.&T. Co. avail-
able for this interest, 12/31/13..382,900,000
Original Market—Offered in April, 1914, by
J. P. Morgan & Co. and Kuhn, Loeb & Co., of
New York, Kidder, Peabody & Co., of Boston,
New York, etc., and Baring Brothers & Co.,
London, at 9934 and interest. Also by Smith,
Moore & Co., St. Louis, Mo.
MISSOURI & SOUTHEASTERN UTILITIES
CO. 1st 6s. Due March 1, 1930.—N.
Pennsylvania State Tax refunded.
Dated March 1, 1915. Interest payable
March 1 and September 1, at P. W. Brooks &
Co.; New York.
Authorized—$1,500,000.
Outstanding—$425, 000.
Denomination—Coupon, $100,$500 and $1, 000.
Registerable as to principal only.
Trustee—Logan Trust Co., Philadelphia.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—1% per annum of bonds out-
standing on March 1 from 1920 to 1924, and
144% thereafter, to be applied to the purchase
of bonds at not exceeding 105 and interest for
6% bonds and 108 % and interest for 5% bonds,
if any are issued. If not so purchasable, bonds
are to be called.
Organization—Incorporated
$709,740
in Missouri in
Secured by a2 first mortgage on plants s ne
plying electricity and artificial ice in Blytheville,
Ark., and: Kennett and Caruthersville, Mo.,
serving a population of 16,000. Franchise in
Blytheville expires in 1928, a 20-year renewal
is being secured. Franchises in Kennett and
Caruthersville expire in 1935.
*Net Earnings, 10/31/14.......... $51,267
INCOR ERE so e.ciaueisg nose secon sgans'ssteca suile
*Averaged from 10 months’ report of Blythe-
ville plant, 14 months in Kennett and seven
months in Caruthersville.
Original Market—Offered in April, 1915, by
P. W. Brooks & Co., New York.
MISSOURI & NORTH ARKANSAS RAIL-
ROAD
CO. 5% Receivers’ Certificates.
Due May 1, 1915.—N.
See Map 181.
Dated May 1, 1912. Interest payable May
ae Nov. 1, at Mercantile Trust Co., St. Louis,
‘Authorized—$2, 500,000.
Outstanding—$1, 472, 000.
Denomination—Coupon, $1,000.
Redeemable as a whole after May 1, 1918, at
101 and interest on 60 days’ notice.
Ortantestinn—Tnnurposted in Missouri in
1906 for 50 years. Placed in receivers’ hands in
April, 1912. ‘
Secured by a first mortgage on (6) 337 miles of
road from Neosho to Wayne, Mo., and Seligman,
Mo., to Helena, Ark. The company has trackage
rights from Neosho to Joplin, Mo., 20 miles, and
from Wayne to Seligman, 9 miles. These certifi-
cates are outstanding at the rate of $3,800 per mile.
Underlies—$8,340,000 ist 5s, all of which are
deposited as security for $6, 000, 000 Allegheny
Improvement Co. motes, due 1911, but in default,
Net deficit, 6/13/14 A
Interest, etc.. 2 69,
Original Marke 1,250,000 offered in June
1912, by Francis Bro. & Co. and the Mercantile
Trust Co., St. Louis, Mo., at 100 and interest.
MISSOURI-EDISON ELECTRIC CO. (ST.
Lee Ist Cons. 5s. Due Aug. 1,
Dated Feb. 1, 1897. Interest payable Feb. 1,
and Aug. 1, at National Bank of Commerce, St.
Louis, Mo.
Authorized—$4,000, 000.
Outstanding—$3, 198, 000. (Closed mortgage).
Denomination—Coupon,. $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Control—Absorbed in 1903 by ‘the Union Elec-
tric Light & Power Co. of St. Louis, which latter
company virtually controls the electric lighting
and power business in St. Louis, Mo., and is a
subsidiary of the North American Co.
Secured by a mortgage on all the property
formerly holon ae to the Missouri-Edison Elec-
tric Co. and comprising an important part of
the electric distributing system in St. Louis.
Franchises are either unlimited as to time or
extend to 1940.
Prior Lien—$600,000 Missouri Bins Light
& Power Co. 2nd (new 1st) 6s of 1921.
Underlies—$13,273,000 Union Electric Light
& Power ist 5s of 19382 and Ref. & Ext. 5s of
1933. Bonds are reserved under the latter mort-
gage to retire this issue.
Net Earnings, 12/31/14........ $1,495,584
Tuten st sc scisice ess: ois vandisnss. basinal 864,711
This iS8UG-. 6:60 io2 oe cate eed eee 201,061
Listed on the St. Louis Stock Exchange.
Original. Market—Offered in 1899 by N. W.
Harris & Co., and Spencer Trask & €o., New
York, Chicago and Boston.
Market.
St. Louis—Bowman, Cost & Co., Francis Bro.
& Co., Mercantile Trust Co., Walter E. Orth-
wein, Altheimer,, Rawlings Inv. Co., G. H.
Walker & Co.
Philadelphia—Oscar R. Dare.
New vores pence Trask & Co., Harris,
Forbes & eae H. Hatch & Co., John D. Cur-
tis & Co., Gude, Winmill & Co.
toe W. Harris & Co., F. B. Bassett
Oo.
Baltimore—Makubin, Goodrich & Co., J. S.
Wilson, Jr., & Co., Robt. Garrett & Sons.
Chicago—Harris Trust & Savings Bank.
Providence—Brown, Lisle & Marshall.
Witmington—Laird & Co.
MISSOURI ELECTRIC LIGHT & POWER
CO. 2nd (now Ist) 6s. Due May I, 1921.
Dated May 1, 1891. Interest payable Feb. 1,
May 1, Aug. 1 and Nov. 1, at National Bank of
Commerce, St. Louis.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $1,000.
Trustee—St. Louis Union Trust Co., St. Louis
Mo.
Control—Merged with the Union Electric
Light & Power Co. of St. Louis.
Secured by a Ist mortgage on plants supplying
electricity to a part of St. Louis, Mo.
507
Underlies—$3,198,000 Mo.-Edison Electrie Co.
1st Cons. 5s of 1927; $6,202,000 Union Elec-
tric Light & Power Co. ist 5s of 1932 and $7,071,-
000 Ref. & Ext. 5s of 1933, which latter mortgage
provides for the retirement of this issue.
Net Earnings, 12/31/14 ay 495,584
Interest 864, 711
41,161
Market
St. ‘Lowis—Waltar E. Orthwein.
MISSOURI, KANSAS & EASTERN RAILWAY
co. ae ae Due April 1, 1942.—
See Ma)
Dated cat 1, 1892. Interest payable April
and Oct. 1, at company’s office, 49 Wall Street,
New York.
Authorized and Outstanding—$4; 000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Exchangeable for M., K. & T. St. Louis Div.
4s of 2001 at the rate of three of this issue for
four St. Louis Div. 4s.
Control—Absorbed by the Missouri, Kansas
& Texas Ry. Co.
Assumed by the Mo., Kan. & Texas Ry. Co.
at consolidation.
Secured by a first mortgage on (3) 162 miles
of road from Franklin Junction, Mo., to Texas
Junction, Mo; _ and a first lien on the leasehold
interest in the Boonville Bridge R. R. Co., leased
to 2000, and on trackage Tights over the Chicago,
Burlington & Quincy R. R. from Texas Jet. to
St. Louis, Mo., 24 miles. This road is a part of
the main line of the M., K & T. Ry. between St.
Louis and the Southwest. These bonds are out-
standing at the rate of $24,700 per mile on the
road covered by a direct mortgage..
Underlies—$32,700,000 bonds and _ secured
notes. Bonds are reserved under the M.,K. & T.
Ry. Co.’s St."Louis Div. 1st mortgage te retire
this issue.
Legal for Cal., Me., Minn. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Jas. B. Colgate & Co., Coffin &
Co., McGeorge & Vanderhoef, F. J. Lisman &
Co., Newborg & Co., Gilman & Clucas, Harts-
roe & Battelle, Redmond & Co., L. M. Prince
0. oy 8
Philadelphia—Mellor & Petry, E. B. Smith &
O.
Hartford—Roy P. Crary.
MISSOURI, KANSAS & EASTERN RAILWAY
. 2nd 5s. Due April 1, 1942.—F.
See Map 75.
Dated April 1, 1892. Interest payable April
and Oct. 1, at company’s office, 49 Wall Street,
New Yor
Authorized—$500, 000.
Outstanding—$58,000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Central Trust-Co., New: York.
Exchangeable for M., K. & T. Ry., St. Louis
Div. 1st Ref. 4s at the rate of $300 of this issue
for $400 St. L. Div. 4s.
Assumed at consolidation by the M., K. & E.
Ry. Co.
Control—Absorbed by the Missouri, Kansas &
Texas Ry. Co.
Secured by a second mortgage on (3) 162
miles covered by the first lien of the M., K. & T.
1st 5s (see above.) These bonds are outstanding
at the rate of $360 per mile. .
Prior Lien—$4,000,000 M., K. & E. 1st 5s.
Underlies—$32,706,000 bonds and secured
notes. Bonds are reserved under the M., K. &
. Ry. Company’s St. Louis Div. 1st mortgage
to retire this issue.
Registerable
MISSOURI, KANSAS & OKLAHOMA RAIL-
ROAD CO. Ist 5s. Due May 1, 1942.—F.
_,Dated May 1, 1902. Interest payable May
and Nov. 1, at Company’s office, 49 Wall Street,
New York.
Authorized—$20,000 per mile.
Outstanding—$5,468,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. ae
Control—Absorbed by the Missouri, Kansas &
Texas Ry. Co. -
Assumed by the M., K, & T. Ry. Co.
Guaranteed as to principal and interest by the
Mo., Kan. Texas Ry. Co. by endorsement.
Secured by a first mortgage‘on 272 miles of
road from Stevens to Dewey, Bartlesville to
Guthrie, Fallis to Oklahoma City and Osage
Junction to Wybark, all in;Oklahoma. The
company has trackage rights » from ,;Dewey to
Bartlesville, four miles. These bonds are out-
standing at the rate of $20,000 per mile on import-
ant lines of the system, including its line into
Oklahoma City from the north and east.
Underlies—$40,000,000 bonds and_ secured
notes. Bonds are reserved under the M., K. &
T. Ry. Company’s 1st & Refdg, and Consolidated
mortgages to retire this issue. :
Legal for Cal., Me., Minn. and Mo.
Listed on the New York Stock Exchange.
Original Market—$2,500,000 offered at 100
and interest in Sept., 1902, by Mason, Lewis &
Co., now Lewis Bros. & Co., Boston, ete.
Market., : .
New York—Bigelow & Co., McGeorge & Van-
derhoef, Coffin' & Co., Gilman & Clucas, New-
borg & Co., Redmond & Co.
Boston—Hayden, Stone & Co.
Philadelphia—Reed & Huntoon.
MISSOURI ny SAS & FERNS RAILWAY
Incorporated in Kansas in 1865, and present
title adopted in 1870. The company owns 1,663
miles of road from Texas Jct., 24 miles from St.
Louis, Mo., and Hannibal, Mo., to Paola, Kan.,
43 miles from Kansas City, Parsons, Kan., Ok-
lahoma and McAlester, Okla., and the Red River,
near Denison, Tex., with branches to Junction
City, Kan., Jopli Aas Mo., and other points.
The M., K. T. Ry. Co. also leases and op-
erates as a part of its system, the lines of. the
Missouri, Kansas & Texas Ry. Co. of Texas,
exas Central Ry. Co. and several minor com-
panies in Texas, owning 1,563 miles of road from
the Red River via Wichita Falls to Oklahoma-
Texas Line near Loveland, Ft. Worth, Tex., to
Houston, Austin and San Antonio, Texas, Waco
to Rotan, Tex., Weldon to Livingston, Tex.,
Trinity to Colmesneil, Tex., McKinney, Tex.,
to Shreveport, La., and other. branches. Until
1914 these roads were also controlled through
stock ownership by the Missouri, Kansas &
Texas Ry. Co. but in a decree of the U. S. Dis-
trict Court, agreed upon by the company .and
the Texas Railway Commission, that company
was ordered- to dispose of all of the stocks of
companies owning road in Texas. The lines
will continue to be operated as an integral part
of the system. The total mileage operated by
the company is 3,816, of which 240 miles are
trackage.
The Missouri, Kansas & Texas Ry. Co. has
outstanding $13,000,000 4%. non-cumulative
Poe stock and $63, 300,000 common stock.
ividends on the preferred stock were inaugu-
rated in 1906 and the full dividend was regularly
paid from that year to May, 1914,when dividends
were discontinued. No dividends have been
paid on the common stock.
The M., K. & T. Ry. Co. and the other com-
panies operated by it have outstanding bonds
secured on their railway properties at the rate
of $31,000 per mile. von
508
: Report for years ended June 30:
i 1913-14 1912-13
Gross Earnings .. $81,521,188 $32,346,258
Net Earnings.... 8,799,069 9,537,846
Net Income...... 6,993,020 8,350,806
Interest ats; sts glass 6,319,871 5,978,194
Dividends, etc... 875,377 575,625
Surplus....... $279,228 $1,796,985
MISSOURI, KANSAS & TEXAS RAILWAY
CO. Gen. 44s. Due Jan. 1, 1936.—F.
See Map 77. :
Dated Jan. 1, 1906. Interest payable Jan.
and July 1, at Company’s office, 49 Wall St.,
New York.
Authorized—$20,000,000.
Outstanding—$11,200,000.
Held in Sinking Fund—$1,970,000.
Held in Treasury—$6,730,000.
Denomination—Coupon, $1,000. Registerable
as to principal. - 2 oat
Trustees—New York Trust Co., N. Y., and
Benjamin F. Edwards, St. Louis, Mo.
Redeemable at par and_ interest beginning
Jan. 1, 1911, for Sinking Fund, on 60 days’
notice.
Sinking Fund—2% of outstanding bonds
yearly, beginning Jan. 1, 1911 for the purchase
or redemption of bonds at not exceeding par and
interest. Bonds so redeemed to be kept alive,
and interest to be added to Sinking Fund.
Secured by 2 second mortgage on (2) 128 miles
of coad from Paola to Stevens, Kan., subject’ to
a prior lien at the rate of $19,500 per ‘mile; a
third mortgage on (6) 1,635 miles of road from
Hannibal to Franklin Jct., Mo., and from Boon-
ville (across Missouri River from Franklin Jct.)
to Mineola, Tex., Junction City to Parsons,
Kan., Holden, Mo., to Paola, Kan., Stevens, via
Oklahoma City to Lehigh, Okla., and numerous
branches, subject to prior liens at the rate of
about $21,000 per mile; and a fourth mortgage
on (3) 162 miles of road from Texas Jct. to
Franklin Jet:, Mo., subject to prior liens at the
rate of $37,200 per mile. Further secured by a
third lien, by deposit of all bonds, on (7) 604
miles of road in, Texas, subject to prior liens at
the rate of $32,900 per mile.
As described above these bonds are secured on
2,529 miles of road at the rate of $4,000 per mile.
Prior Liens—$90,000,000 underlying bonds and
bonds of absorbed companies. ay 2
Underlies—$19,000,000 secured notes. Bonds
are reserved under the Consolidated mortgage to
retire this issue.
Listed on the New York, London and Amster-
dam stock Exchanges. 7
Original Market—$2,500,000 offered in 1907,
by Mackay & Co., and Spencer Trask & Co., New
York, on a 5.60% basis and in 1909, by Speyer
& Co., New York. Bis
Market.
New York—Plympton, Gardiner & Co., Ber-
dell Bros., Newborg & Co., Redmond & Co., L.
M. Prince & Co., McGeorge & Vanderhoef,
Rauscher & Childress, Robinson & Co., Season-
good & Haas, Leonard Snider & Co., Fanshawe
& Co., Eavns, Stillman & Co., H. I. Nicholas &
Co. #
- Philadelphia—Newburger, Henderson & Loeb.
Baltimore—Middendorf, Williams & Co.
MISSOURI, KANSAS & TEXAS RAILWAY
CO. 1st Ext. 5s. Due November 1, 1944.—
F.
See Map 75.
Dated November 1, 1894. Interest payable
May and Nov. 1, at company’s office, 49 Wall
St., New York. .
Authorized—$20,000 per mile.
Outstanding—$3,253,000 (Closed mortgage).
Denomination—Coupon, $1,000; may be regis-
ered as to principal. a
509
!Trustee—Central Trust Co. of New York.
Secured by a first mortgage on (1) 127 miles of
toad from McBain’ to Columbia, Mo., Kansas
City Jet. to Holden, Mo.; Walker to El Dorado
Springs, Mo.; Moran to Iola, Kan.; Labette,
an., to Joplin, Mo.; and Krebs to Wilberton,
Okla. The mortgage also covers about 35
miles of spur lines, While the lines covered by
this mortgage include some branches of con-
siderable importance, none of them forms an
essential part of the system. These bonds are
secured on the 127 miles as above, at the rate
of $25,600 per mile.
Underlies—$40,750,000 bonds and secured
notes. Bonds are reserved under the 1st Ref.
and Consol. mortgages to retire this issue.
Legal for Cal., Me., Minn. and Mo.
Listed on the New York Stock Exchange.
Original Market—First offered by H. W.
Poor & Co., New York, and Mason, Lewis &
Co. (now Lewis Bros. & Co.) Boston.
Market.
New York—Foster & Adams, Newborg & Co.,
Folsom & Adams, L. M. Prince & Co., Keech,
Loew & Co. ;
MISSOURI, KANSAS & TEXAS RAILWAY
CO. 1st 4s. Due June 1, 1990.—N.
See Map 75.
Dated June 1, 1890. Interest payable June
and Dec. 1, at company’s office, 49 Wall Street,
New York.
Authorized and Outstanding—$40,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. :
Trustee—Centra] Trust Co. of New York.
. Secured by a first mortgage on (6) 1,114 miles
of road from Hannibal to Franklin Jet., Mo., and
from Boonville (across Missouri River. from
Franklin) to Mineola, Tex.; Junction City to
Parsons, Kan.; Holden, Mo., to Paola, Kan.;
Denison to Gainesville, Tex.; and Fort Worth to
Taylor, Tex., and branches; a first lien, by de-
posit of the entire bond issues of four roads on (7)
287 miles of road from Gainesville to Henrietta,
Tex.; Dallas to Greenville, Tex.; Taylor to Boggy
Tank, Tex.; San Marcos to Lockhart, Tex.; and.
Trinity to Colmesneil, Tex. and by the deposit
of $2,000,000 of the $3,689,000 bonds of the
Sherman, Shreveport & Southern Ry., which are
secured by a first lien on (8) 182 miles of road from
McKinney to Waskom, Tex., where connection is
made for Shreveport, La. Further secured by
the deposit of practically the entire $10,000,000
stock of the M., K. & T. Ry. Co. of Texas own-
ing 977 miles of road in Texas, including 320
miles covered by the direct first lien of this
mortgage, 287 miles by the first lien of this
mortgage by deposit of collateral and 182 miles
by collateral lien of this mortgage, and 233 miles
subject to a bonded debt of $20,000 per mile,
and 87 miles unmortgaged road.
The mileage covered by this mortgage embraces
many of the important lines of the company
but does not include lines into St. Louis, Kansas
City and Oklahoma City. These bonds are out-
standing on the entire 2,091 miles covered, either
by a direct or collateral lien, at the rate of
$19,100 per mile.
Prior Liens—$6,200,000 on lines covered by
collateral lien.
Underlies—$50,750,000 bonds and secured
notes. . :
Legal for Balt., Cal., Me., Minn. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Foster & Adams,
Coffin & Co., Seasongood & Haas.
MISSOURI, KANSAS & TEXAS RAILWAY
CO. 2nd 4s. Due June 1, 1990.—N.
See ee 15.
Dated June 1, 1890. Interest payable Feb.
and Aug. 1, at company’s office, 49 Wall Street,
New York...
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Secured by second mortgage on (6) 1,114 miles
of road, subject to a p vee lien at the rate of
$19,100 per mile, a second lien, by deposit of all
bonds on (7) 287 miles.of road and a second lien
$2,000,000 of $3,689,000 bonds which are a first
lien on. (8) 182 miles of road, (For details see
1st 4s above.) snese bonds are outstanding at
the rate of $9,500 per mile.
Prior Liens —$46, 200, 000 M., K. & T. Ist 48
of 1990 and prior liens.”
Underlies—$30,750,000 “bonds and secured
notes.
Listed on the New York Stock Exchange.
Market.
New York—Seasongood & Haas, F. H. Hatch,
& Co., Vickers & Phelps.
MISSOURI, KANSAS _& TEXAS RAILWAY
CO. ST LOUIS DIVISION Ist Ref. 4a
Due Apr. 1, 2001.—F. -
See Map 75.
“Dated April 1, 1901. Interest payable A au
ae Oct. 1, at company’s office, 49 Wall St.,
ized —$6,000,000..
‘Outstanding—$1, 924, 000.
Denomination—Coupon, $1,000.
as to' principal.
vy arustee—Farmers’ Loan & Trust Co.,: New
ork.
Secured by a third mortgage on (3) 162 ‘miles
of road from Franklin Jct., Mo. to Texas Jct.,
Mo., subject to prior liens at the rate of $25,300
per mile. These bonds are outstanding at. the
rate of $11,900 per mile. ae further details of
cies mileage see M., K. & E. Ry. Ist 5s of 1942
above.
Prior Lion—$4, 058,000 M., K. & ‘E. 1st 53 and
2d_5s of 1942.
Underlies—$30,750,000 bonds:and secured
notes. Bonds are reserved under the Consoli-
dated mortgage to retire this issue.
Listed on the New rare Stock Exchange.
Market..
New York—Bigelow & Co., G. W. Walker &
Co., Berdell Bros., A. M. Kidder & Co., Coffin
& Co., Frank H. Main.
Boston—H. L. Nason & Co.
MISSOURI, KANSAS & TEXAS RAILWAY
CO. 1st and Ref. 4s. Due September 1,
2004.—
See Map 76.
“Dated Be tember 1, 1904. Interest payable
March and Sept. 1, at company’s office, 49 Wall
St., New York and at company’s agencies in
London, Berlin and Paris.
Authorized—$40,000,000.
Outstanding—$9,992,000. -
Registerable
000.
Denomination—Coupon, $1,000 or equivalent
at a fixed rate in £ Sterling, Marks and Francs;
exchangeable for bonds of a denomination of one-
half and one-tenth thereof. Fractional bonds not
re-exchangeable. Registerable as to principal.
arene ramen Loan & Trust Co., New
ork.
Secured by a first mortgage on terminal
roperty, lands and shops in Parsons, Kan., and
edalia, Mo., and upon 271 locomotives, 216
passenger cars, 13,190 freight cars and 490
oer ce together having an estimated value
of $24 000; a second mortgage on (1) 521
miles of a from McBain to Columbia, Mo.;
Kansas City Jct. to Holden, Mo.;, Labette, Kan,
to Joplin, Mo.; Stevens via Oklahoma City to
Lehigh, Okla. (except from Dewey to Bartles-
Pledged under Consolidated Mortgage—$448,-
ville); Osage to. Wybark, Okla., and branches,
subject to prior liens at the average rate of
$28,100 per mile.. The mileage covered by this
mortgage includes the lines into Oklahoma City
from the north. and south. These bonds are
outstanding at the rate of $19,200 per mile.
Prior Liens—$12,068,000 divisional bonds and
bonds of absorbed companies.
Underlies—$30,750,000 bonds and secured
notes.
Listed on the New York Stock Exchange. _
Original Market—$3,000,000 offered in 1905,
by H. W. Poor & Co. at 89% and interest, also
offered i in 1909 by Speyer &.Co., New York.
Market. ,
New York—Robinson & Co., L. M. Petes &
Co., McGeorge & Vanderhoef, Beyer & Coa.,
Redmond & Co., Cozgeshall & Hicks.
Philadelphia—Henry .& West, Elkins, Morris
= Co., E. W. Clark & we Robt. D., Ghriskey &
‘a. 7 :
MISSOURI, KANSAS & TEXAS RAILWAY
Equip. pe Notes. Due $95,000 each June
1, and December 1, to June 1, 1923.—F.
Dated June ” 1913. Interest payable June 1
and December
hee es 900,000.
Outstanding—$1, 710, 000. -
Balance Retired.
_Denomination—Coupon, $1,000. -
Trustee—Central, Trust Co., New York.
. Redeemable at any time at par and interest.
Secured by an equipment trust agreement on
40 locomotives, 31 steel cars for various branches
of passenger service and 1,000 box cars, costing
$2,376,941 of which $476, 941 was paid in cash.
Original Mark et White, Weld & Co., Brown
Bros. Co., Montgomery, Clothier & Tyler
$1,900,000 May 1913.
Market.
Philadelphia—Brown Bros. & Co., Mont-
gomery, Clothier & Tyler.
Baltimore—J. S., Wilson, Jr, & Co.
New York—White, Weld Co., Knauth,
Nachod & Kuhne, Alfred R. Risse, Freeman &
Co., Seasongood & Haas.
MISSOURI, KANSAS &
CO. OF TEXAS Ist 5s.
—F.
See Map. 75. eat seis
Dated August” a 1892. Interest payable
March and Sept..1, at company’s Office,.49 Wall
St., NewYork. i
‘Authorized—$10,000, 000.
Outstanding—$4, 505, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York. *.
Guaranteed principal and interest by the w. oi
K. & T. Ry. Co. by endorsement.
Organization and Control—Incorporated. in
Texas in 1891. Formerly controlled by the Mis-
souri, Kansas & Texas Ry. Co., by stock owner-
ship. In 1914, in accordance with an agreed
judgment in a suit brought by the Attorney Gen-
eral of Texas, this stock was transferred to a
board of directors, agreed upon by the Attorney
General and the Railway company. The prop-
erty is now leased to the Missouri, Kansas &
Texas Ry. Co.
Secured by a first mortgage on (4) 226 miles of
road from Boggy Tank to Hauston, Tex.; Lock-
hart to Smithville; Denison to Sherman; San
Marcos to San Antonio and Granger to Austin.
This mileage, which consists of five disconnected
lines pene an important part of the lines of the
M., K. & T. System, affording the system its
entrances into Austin, San Antonio and Hous-
ton, Texas. These bonds are outstanding at the
rate of $20,000 per mile.
Underlies—These bonds do not directly un-
derly any mortgage, but $72,000,000 1st. 4s,
TEXAS RAILWAY
Due Sept. 1, 1942.
a.
510,
2nd 4s and Gen. 44s are secured in part by the
deposit ofall of the stock of the M. K. & T.
Ry. Co. of Texas, as are also $25,600,000 Consol.
5s, deposited as security for $19,000,000 notes.
*Net Earnings,..... $1,042,085
‘Rental of Equipment.......... 1,225,460
Interest... ee 1,835,616
*Operations also included in report of M. K.&
T. Ry: Co. i
Legal for Texas. '
Listed on the New York Stock Exchange.
Market. .
New York—E. & C. Randolph, Bigelow & Co.,
W. C. Langley & Co., Foster & Adams, MeGeorge
& Vanderhoef, Newborg & Co., F. H. Hatch &
Co., Berdell Bros., Samuel Goldschmidt, Cogges-
hall & Hicks, Redmond & Co., Keech, Loew &
0.
Philadelphia—Elkins, Morris & Co.
MISSOURI, OKLAHOMA & GULF RAILWAY
CO. Ist 5s. Due Nov. 1, 1944.—F.
See Map 131.
Dated Nov. 1, 1904. Interest payable May
and Nov. 1, at Truscee’s office, S.. Louis. _ Nov.,
1913, and subsequent interest in default.
Authorized—$10,000,000.
Outstanding—$7,007,000.
Denomination—Coupon, $1,000.
as to principal. Wi
Trustee—St. Louis Union Trust Co., St. Louis,
oO. :
Redeemable at 107 and interest on any interest
date on six months’ notice.
Guaranteed unconditionally as to interest on
all outstanding bonds during conscruction and
for two years after completion of envire system
a the rt m. Kenefick Construction Co. of Kansas
ity, Mo. ,
Organization—The company was incorporated
in Oklahoma in October, 1904, for 99 years, to
construct a railroad from Pittsburg, Kan., to
Denison, Tex. Placed in the hands of a receiver
together with the M., O.& G. R. R. Co., an allied
road, in December, 1913. nes
Secured by a second mortgage on (10) 21
miles of coad from Wagoner, Okla., to the Red
River, subject to a prior lien at the rate of $3,500
per mile. The.company controls the M., O. &
G. Ry. Co. of Texas, owning nine miles from the
Red River, including bridge over river, to Deni-
son, Texas, and the M.,O.& G. R. R. Co., owning
from Wagoner, Okla., to Joplin, Mo., (5) 114
miles, thus practically owning a line 327 miles
long from Joplin, Mo., to Denison, Texas.
Prior Lien—$750,000 Receiver’s Certificates.
Underlies—$1,278,000 second 5s.
Deficit after operation, 6/30/12.... $36,163
AREOR OSG 5. tc coyoyi%e od aug rerins ene ab eraracec 503,172
Listed on the St. Louis Stock Exchange.
Original Market—$2,500,000 offered in 1908
by W. H. Turnbull & Co., New York and Boston,
and the Banque Franco-Americaine, Paris; and
in 1910 $3,048,000 at 9214 and interest by the
London & Southwestern Bank, Ltd., London,
the Societe Central des Banques de Province,
and the Banque Franco-Americaine, Paris, the
Empire Trust Co., New York.
Market.
Boston— George L. Ware.
New York—F. J. Lisman & Co., E. Bunge &
Co., L. M. Prince & Co.
MISSOURI PACIFIC RAILWAY COMPANY.
Incorporated in Missouri in 1909. The com-
pany owns 3,780 miles of road from St. Louis,
o., via Kansas City to Pueblo, Col., and
Omaha, Neb., with numerous branches in west-
erm Missouri, southeastern Nebraska and
Kansas. The company leases and has trackage
rights over 140 miles additional.
The Missouri Pacific Ry. Co. also owns prac-
the entire capital stock of the St. Louis,
ountain & Southern Ry. Co., which owns
Registerable
ticall
Tron
8,200 miles of road from St. Louis and Carthage,
Mo., and Coffeyville, Kan., to Little Rock and
penackane; Ark., and Lake Charles and Vidalia,
2. ;
The Missouri Pacifie Ry. Co. has a large in-
terest in the Denver & Rio Grande R. R. Co.’s
stocks, and Texas & Pacific Ry. Co. stock, and
holds $7,000,000 preferred stack of the Wabash
R. R. Co. It is not thought that the M. P.
Ry. Co. will participate in any reorganization
of the Wabash R. R. Co.
The road operated by the Missouri Pacific Ry.
Co. formed part of what was to have been a
transcontinental are under a single control.
At present through trains are operated between
St. Louis and San Francisco via the Denver &
Rio Grande R. R. and Western Pacifie Ry., which
are closely allied with the Missouri Pacific Ry.
. e Missouri Pacific Ry. Co. has outstanding
$83,250,000 stock. No dividends have been
paid on this stock since 1908.
The road owned by the company is subject to
outstanding bonds at the rate of $37,000 per
mile. This does not include equipment bonds
and an issue of $25,000,000 notes, due June 1,
1914, which are secured largely by the deposit
of bonds of the St. Louis Iron Mountain & South-
ern Ry. Co. . -
Report for years ended June 30:
; . 1913-14 1912-13
Gross Earnings .. $26,622,041 $28,018,909
Net Earnings.... 4,845,958 5,987,523
Net Income..... 6,847,230 8,117,023
Interest......... 7,826,677 7,748,325
*Balance..... *Def.$979,447 Bal.$369,697
_ *The company has had a deficit after charges
in three of the last eight years. Its annual sur-
plus after charges for eight years has averaged
2
MISSOURI PACIFIC RAILWAY CO. Coll. Tr.
5s. Due Jan. 1, 1917.—N.
See Map 78. :
Dated January 1, 1887. Interest payable
March and Sep.. 1, at Bankers’ Trust Co., New
ork. ;
Authorized—$15,000,000. :
- Outstanding—$14,376,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal and interest.
Trustee—Union Trust Co., New York.
Assumed by The Missouri Pacific Ry. Co.
Secured by a first mortgage by the deposit of
the entire issues of first mortgage bonds amount-
ing to $17,215,000, of seven companies owning
the road on (5) 1,115 miles of road from Salina,
Kan..to Pueblo, Col.; Wichica 1o Geneseo, Ft.
Scott to Kiowa, El. Dorado to McPherson,
Chaps to Larned, Hoisington to Great Bend,
and Olcott to Iuka, all in Kansas. This mileage
includes many of the important lines of the
Missouri Pacific Ry. in Kansas, including that
line over which all trains for Colorado and
Pacific Coast points are operated. These bonds
are outstanding at the rate of $12,900 per mile.
Underlies—$35,000,000 Kan. & Col. Pac. Ist
Ref’g 6s and Mo. Pac. 1st & Ref’g. 5s. Bonds
are reserved under the Mo. Pac. Ry. Co.’s 1st &
Ref’g mortgage to retire this issue.
Listed on the New York Stock Exchange.
Market.
New York—McGeorge & Vanderhoef, Bigelow
& Co., Brown Bros. & Co., F. J. Lisman & Co.
Hartford—Richter & Co.
Boston—Parkinson & Burr.
Chicago—White, Weld & Co., Stanwood, Tay-
lor & Co.
MISSOURI PACIFIC RAILWAY CO. Ist Coll.
5s. Due Aug. 1, 1920.—N.
See Map 78.
Dated August 1, 1890. Interest payable Feb.
and Aug. 1, at Bankers’ Trust Co., New York.
611
Authorized—$10,000,000.
Outstanding—$9, 636, 000 (Closed mortgage).
Denomination—Coupon, $1,000 Registerable
only as to principal, (oF fully registered. Regis-
tered, $1,000.
Trustee—Bankers’ Trust Co., New York.
Assumed by The Missouri Pacific-Ry. Co.
Secured by a first mortgage, by the.deposit of
the entire first mortgage bond issues, amounting
to $12,045,000 of 19 companies owning (6) 680
miles of road from Auburn Jet. to Nebraska
City and Union to Gilmore Jct., Neb., Warwick
to Prosser, Neb., Alton to Stockton, Kan.; Ottawa
to Salina, Kan.; Gypsum to Marquette, Kan.;
Monteith’ to Madison, Kan.; Cornell Jet., (near
Pittsburgh) to Topeka, Kan; Kansas City to
Paola, Kan.; Dexter to Arkansas City, Kan;
Oronga to Granby, Mo.; Joplin to Grand Falls,
Mo. and Rich Hill, Mo. to Ft. Scott, Kan.
The mileage covered. by this mortgage includes
many of the most important lines of the system
including a part of the main line from St. Louis
and Kansas City to Colorado and Pacific Coast
points. These bonds are outstanding at the rate
of $14,100 per mile.
Underlies—See Coll. Tr. 5s of 1917 above.
Listed on the New York Stock Exchange.
Market.
New York—L. M. Prince & Co., Knauth,
ee & aoe nos & Stanley, Berdell Bros.,
, Newborg = Co., Beverly
Roe & =. ay Sais & Co., E.'& C. Ran-
°
Chicago—First Trust & Savings Bank, Stan-
wood, Taylor & Co.
Philadelphia—Brown Bros. & Co.
Boston—Blake Bros. & Co.
MISSOURI PACIFIC RAILWAY CO. Lexington
Div. ist ze Due Aug. 1, 1920.— F,
See.Map
Dated Setsber 1, 1880. intatige payable Feb.
and Aug. 1, at Bankers’ Trust Co. -» New: York.
_ Authorized and Outstanding—$650,000.
Denomination—Coupon, $500. ~
Trustee—Jesse Seligman, New York.
Secured by a first mortgage on (7) 57 miles of
road from Lexington to Sedalia, Mo. These
bonds are outstanding at the rate of $11,400 per
mile.
Underlies—$45, 000, 000 Mo. Pac. Consol. 1st
6s and 1st & Ref’g 5s.
Legal for Me. aad Mo.
Market. .
New York—Samuel Goldschmidt, Seasongood
& Haas.
MISSOURI PACIFIC RAILWAY 1 8. Cons. 1st
6s. Due Nov. 1, 1920.—.
See Map 78.
Dated November 1, 1880. Interest payable
pay and Nov. 1, at Bankers’ Trust Co., New
ork.
Authorized—$30,000,000.
Outstanding—$14,904,000 (Closed mortgage).
Denomination—Coupon, $1,000, Principal
may be registered.
Trustees—John F. Dillon and Edward D.
Adams.
Secured by a first mortgage on (8) 725 miles of
road from Jefferson City to Eton, Mo.; Lake City
to Independence, Mo.; Pleasant Hill to Carthage,
Mo.; Paola to Leroy, Kan.; Osawatomie to
Ottawa, Kan.; Nebraska City to Lincoln, Neb.;
Talmadge to ‘Crete, Neb.; Kansas City, Mo.,
to Louisville, Neb. (except 5 miles) and Jefferson
City to Bagnell, Mo.; a second mortgage on (7)
57 miles of road from "Lexington to Sedalia, Mo.,
subject to a prior lien at the rate of $11,400 per
mile; a third mortgage on (9) 13 miles of road from
Kirkwood to Carondelet, Mo., subject to prior
liens at the rate of $32, 000 per mile, and a fourth
mortgage on (10) 285 miles of road from St. Louis
to Kansas City, Mo., subject to prior liens at the
612
tate of $46,000 per mile. As a first mortgage
these bonds are secured on the line from Kansas
City, Leavenworth and Atchison, Kan., to
within 16 miles of Omaha, Neb. They are also
secured on the main line between St. Louis and
Kansas City, and other important lines. These
bonds are outstanding at the rate of $14,000 per
le.
Prior Liens—$15,000,000 bonds of absorbed
companies and divisional bonds.
Underlies—$30,000,000 Mo. Pac. Ist & Ref.
5s of 1959, which issue provides for the retire-
ment of these bonds. .
Legal for Me. and Mo.
Listed on the New York Stock ‘Exchange.
Market. .
New York—Spencer Trask & Co., Bigelow &
Co., McGeorge & Vanderhoef, yd & pS tenley
Knauth, Nachod & Kuhne, A. M. Co.,
Korn, Lehman & Co., Wm. A. C. er Coffin
& Co., Newborg & Co., Kountze Bros., Season-
good & Haas, Redmond & Co., Samuel Gold-
schmidt, Bull & Eldredge, John J. L2venson,
L. M. Prince & Co.
Baltimore —Middendorf, Williams &.Co.
MISSOURI PACIFIC RAILWAY CO. 3rd Ext.
4s. Due July 1, 1938.—N.
See Map 78.
Dated November 1, 1876.
1, 1906, interest reduced from 7%. Interest
Perel May and Nov. 1, at Bankers’ Trust Co.;
York.
Authorized—$4,500,000.
Outstanding—$3,828,000 (Closed mortgage).
Denomination—Coupon, $1,000.
Trustee—Central. Trust Co., New York.
Redeemable at 105 and interest upon four
weeks’ notice.
Secured by a second mortgage on (9%) 18 miles of
road from Kirkwood to Carondelet, Mo., subject
to a prior lien at the rate of $19,000 per mile, and
on the real estate in the City of St. Louis.covered
by the first lien of the Pac. R. R. of Mo. St.
Louis City Real Estate 5s; and a third mortgage
on (10) 285 miles of road from St. Louis to Kansas
City, subject to prior liens at the rate of $34,000
per le. This latter road forms the main line of
the system, east of Kansas City. These bonds
are outstanding at the rate of $13,000 per mile.
Prior Liens—$10,628,000 Pac. R. R. of Mo. 1st
Extd. 4s of 1938; 2nd Extd. 5s of 1938; Carond.
Br. Ist 4%s of 1938; and St. Louis City Real
Estate Ist Extd. 5s of 1938.
Underlies—$35,000,000 Mo. Pac. Cons. 6s of
1920 and Ist & Ref. 5s of 1959, which latter issue
provides for the retirement of these bonds.
Listed on the New York Stock Exchange.
Original Market—Extension underwritten by
Tailer & Co., of New York.
Market.
New York—Wolff & Stanley, J. S. Farlee & Co.,
Korn, Lehman & ‘Co., Seasongeod & Haas.
Baltimore—Jenkins, Whedbee & Poe.
MISSOURI PACIFIC RAILWAY CO. Forty-
Year Coll. Loan4s. Due March 1, 1945.—F.
Dated March 1, 1905. Interest payable
Marek and Sept. 1, at Bankers’ Trust Co., New
or
Authorized—$50,000,000.
Outstanding—$37,255,000 (Closed mortgage).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. Registered, $500
and $1,000. & R. interchangeable.
Trustee—Bankers Trust Co. New York.
Redeemable on any interest date at 102%
and interest on three months’ notice.
Secured by a first lien by deposit with the
Trustee of $37,255,000 out of a total of $44,-
396,573 of the eapital stock of the St. Louis, Iron
Mtn. & Southern Ry. Co, The Indenture ,pro-
vides that the stock deposited shall constitute
at all times, at least a majority of the capital
Extended Nov.
stock outstanding: in the ratio of par to par, and
that the S.. L., I. M. & So. Ry. shall not increase
its bonded indebtedness except for the purpose of
funding or extending its present authorized
indebtedness, or for new extensions, additions,
betterments or equipment. The St. L., I. M. &
. Ry. Co. owns 3,200 miles of road from St.
Louis to Texarkana, Tex.-Ark.; Lake Charles
and Vidalia, La., from Coffeyville, Kan., to
Little Rock, Ark., and from Carthage, Mo., to
Diaz, Ark., with branches to Memphis, Tenn.,
and other important points, and forms a very
important part of the Missouri Pacific System.
Since 1898 dividends have averaged more than
61% per cent. No dividend was paid in 1910-11,
and 4 per cent. was paid in each of the years
ending June 30, 1912 and 1913.
Listed on the New York Stock Exchange.
Original Market—$25,000,000 offered in 1905
by Kuhn, Loéb & Co., New York, at 95 and
interest.
Market.
New York—Morton Lachenbruch, Coffin &
Co., Redmond & Co.
Chicago—King, Farnum & Co.
MISSOURI PACIFIC RAILWAY CO.
Ref. Series ‘‘A’”’ and ‘‘B” 5s.
1, 1959.—F. 7
See Map 80.
Dated September 1, 1909. Interest payable
Bferch and Sept. 1, at Bankers’ Trust Co., New
ork.
Authorized—$150,000,000.
Outstanding—$29,806,000 “A;” $1,972,000
“B.”’ All deposited as part security for $25,000,00
notes, due June 1, 1914.
$1,000, $500 and
Denomination—Coupon,
$100. Registerable as to principal. Registered,
$100, $500, $1,000, $5000, and multiples of
$5,000. C. & R. interchangeable.
Trustees—Guaranty Trust Co., New York,
and Benjamin F, Edwards. .
Redeemable as a whole only at 110 and interest
on Sept. 1, 1917, or on any interest date thereafter
upon 12 weeks’ notice.
Convertible—Series “A” bonds, except those
payable in European money are convertible par
for par into the company’s capital stock. Series
“B” bonds are not convertible.
Protective Committee—The following com-
mittee has been organized to look after the in-
tarests of holders of these bonds: Alexander J.
Hemphill, Robert Fleming, Donald G. Geddes,
Jerome J. Hanauer, Alvin W. Krech and C. E.
Ter Menlen. Secretary, Lewis B. Franklin, 140
Broadway. No deposit of bonds has been asked
for as yet. f
Secured by.a direct mortgage on 8,780 miles of
road as follows: A first mortgage on (1) 179 miles
of road from Louisville to Omaha, Neb.; Sedalia
to Warsaw, Mo.; Nevada to Chetopa, Kan.;
Asbury to Carthage, Mo. and Kanopolis to
Geneseo, Kan. A second mortgage on (2) 1,788
miles of road, including all of that covered by the
first lien of the Consolidated 6s (which see above)
Kansas City to Paola, Kan.; Rich Hill, Mo., via.
Ft. Scott to Cornell Jct., Kan.; Kansas City
to Louisville and Lincoln, Neb.; Kansas City to
Virginia, Neb.; Atchison, Kan. to Prosser, Neb.,
Leonora, Kan. and branches; Jefferson City to
Rock Creek, near Kansas City, Mo.; Kansas-
Colorado State Line to Pueblo, Col.;. and num-
erous important and minor branches, subject to
prior liens at the average rate of $14,500 per mile;
A third mortgage on (3) 1,515 miles of road, in-
cluding the road covered by the Collateral Trust
5s of 1917 (which see above), except from Kansas-
Colorado State Line to’ Pueblo, Col.; Ottawa to
Salina and Marquette, Kan.; Ft. Scott to Topeka
Kan.; and numerous branches subject to prior
liens at the average rate of about $15,500 per
mile. A fourth mortgage on (4) 13 miles of road
from Kirkwood to Carondelet, subject to prior
Ist &
Due Sept.
liens at the rate of $46,000 per mile, and a fifth
mortgage on (5) 285 miles from St. Louis to Kan-
sas City, Mo., subject to prior liens at the rate of
$60,000 per mile. These bonds are outstanding
at the rate of $8,400 per mile. These bonds
are also secured by a first lien on $16,715,000 of
a total issue of $20,687,000 Kan. & Col. Pac. Ry.
1st Refg. 68, which are secured by a second
mortgage on practically the entire line on which
these bonds are secured by a third mortgage,
and on various other securities, trackage rights
and leases. j
Prior Liens—$66,000,000 divisional bonds,
and bonds of absorbed companies.
Listed on the New York, Amsterdam, Zurich
and Geneva Stock Exchanges.
Original Market—$29,806,000 underwritten by
Kuhn, Loeb & Co. in 1909, and offered to the
stockholders at 95 and interest to the extent of
36 % of their holdings.
Market.
New York—Spencer Trask & Co., Freeman &
Co., Curtis & Sanger, A. R. Clark, Beyer & Co.,
F. J. Lisman & Co., Newborg & Co., Redmond
& Co.
Philadelphia—E. B. Smith & Co.
Boston—Edgerly & Crocker.
Kansas City—Houston, Fible & Co.
MISSOURI PACIFIC RAILWAY CO. Equip.
5s, Series ‘‘1.” Due $335,000 each May
Ist to May 1, 1917, inclusive.—F.
Dated May 1; 1907./ Interest payable May
and Nov. 1, at Trustee’s office. :
Authorized—$3,350,000.
Ontstanding—$1,670,000.
Balance Redeemed.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R.
interchangeable. .
Trustee—Columbia Trust Co., New York.
Secured by an equipment trust agreement on
8,000 coal, 750 ballast and 750 stock cars, costing
$3,730,500, of which $380,350 was paid in cash.
Original Market—Offered in 1907 by Tailer &
Co., New York, on a 544% basis.
Market.
New York—Coggeshall & Hicks, Seasongood
& Haas, Struthers & Hiscoe.
MISSOURI PACIFIC RAILWAY CO. Equip.
5s, Series ‘2... Due $147,000 each May
and Nov. Ist to Nov. 1, 1921, inclusive.—F.
Dated November 1, 1911. Interest payable
May and Nov. 1, at Trustee’s office.
Authorized—$2,940,000.
Outstanding—$1,911,000,
Balance Redeemed. '
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable as a whole at par and interest on
60 days’ notice.
Secured by an equipment trust agreement on
54 locomotives, 29 steel underframe mail and
baggage cars, 2,000 steel underframe box cars and
1 gasolene motor car, costing $3,275,440 of
which $335,440 was paid in cash.
Original Market—Offered in 1911 by Speyer
& Co., New York, on a 5.20% basis.
Market.
New York—Freeman & Co., Wolff & Stanley,
Curtis & Sanger, J. S. Bache & Co., Farson, Son
& Co., W. C. Langley & Co., Coggeshall & Hicks,
Seasongood & Haas, Struthers & Hiscoe.
Philadelphia—Bioren & Co., Henry & West.
Boston—Curtis & Sanger, Edgerly & Crocker,
F. S. Moseley & Co.
Baltimore—Middendorf, Williams & Co.,
Hambleton & Co. 5
MISSOURI PACIFIC RAILWAY CO. 6 % Notes.
Due June 1, 1915.
Dated June 1, 1911. Original 5s, payable on
513
June 1, 1914, but extended at 6%. Interest
payable Dec. 1 and June 1
Authorized and Outstanding—$24, 942,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., New York, N. Y.
Redeemable at any time at 101 and interest.
Protective Committee—The following com-
mittee has been organized to look after the in-
terests of holders of these notes: J. N. Wallace,
J. Horace Harding, Frederick meet, Albert H.
Wiggin and Robert Winsor. Sigler, 54
Wall St., Secretary. No request ae the deposit
of notes has been made as yet.
In April, 1915, the company was endeavoring
sed ao the extension of these notes for another
“Secure d by a first, lien on the following se-
curities: $25,000,000 St. Louis, Iron Mt. &
South. Ry. 1st & Refg. 68;, $1,070,000 St. Louis
Iron Mt. & South. Ry. stock; $1, 972,000 Mo.
Pace. Ry. 1st & Rete 5s, 1959. (For description
see page 517); $9,800,000 preferred stock and
$15,000,000 common stock of the Denver & Rio
Grande R. R. Co. (for description of company
see page 246); $828,380 Texas & Pacific Ry. Co.
5% Notes, due June 1, a $490,000 Con-
eordia Coal Co. 1st Mtge. 5s, 1945; $150,000
Baring Cross Bridge; $125,000 Pueblo Stock
Yards Co. stock; $1,000,000 Western Coal &
Mining Co. stock. The St. Louis, Iron Mt. &
South. Ry. Co. bonds are secured by a first
mortgage on 229 miles of road, a second lien on
1,527 miles of road and a third mortgage on
1,429 miles of road. The total amount out-
standing is $28,584,500. For a description of
the property, earnings, etc., see Unifying & Refg.
4, page 743. For details of Missouri Pacific Co.
see aie of that company, page 515.
Original Market—Present issue is an exten-
sion of bonds due June 1, 1914.
MITCHELL-LEWIS MOTOR CO. ist 6s. Due
each Aug. 1, $500,000 in 1915, $75,000 in.’
1916 and 1917 and $100,000 in 1918. -
Dated Aug. 1, 1914. Interest payable Feb.
1 and Aug. 1, at S. W. Straus & Co., New York
and Chicago, and in London.
Authorized and Outstanding—$300,000
Denomination—Coupon, $500 and ‘$1, 000.
Registerable as to principal only. -
Trustee—S. & J. Strauss.
Redeemable on any interest date on 102 and
interest.
Organization—Original company formed in
1834. In 1914 wagon business sold to Mitchell
Wagon Co.
Secured by a first mortgage on automobile
factory at Racine, Wis. Property includes 33
acres, of which 15 are covered by: buildings,
erected almost entirely in 1910 and 1911.
Underlies—$400,000 Debentures.
Original Market—Offered in August, 1911, by
S. W. Straus & Co., Chicago and New York, at
par and interest.
MITCHELL WAGON CO. Ist 6s.
1917.—N.
Dated Feb. 10, 1914.
9 and Aug. 9.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Logan Trust Co., Philadelphia.
Redeemable in numerical order at par and
interest. ~
Organization—Business established in 1834.
Plant separated from that of the Mitchell-Lewis
Motor Co. in 1914.
Secured by a first mortgage on wagon build-
ing plant located on five city blocks in the center
of city of Racine, Wis.
Underlies—$1, 200, 000 - debentures.
Net Earnings, 12/31/1 sie waa oh Dds $130,213
Original peu ted in Aug., 1914, by
Due Feb. 9,
Interest payable Feb.
514
J. G. Splaine & Co., Pittsburgh, Pa., at par and
interest.
MOBILE & BAY SHORE RAILWAY CO. 1st
5s. Due May 1, 1949.—N.
See Map 121.
Dated May 1, 1899. Interest payable May
io Nov. 1, at First National Bank, Mobile,
a.
' Authorized and Outstanding—$200,000
Denomination—Coupon, $1,000 and. $500.
Registerable as to principal.
eee ree Loan & Trust Co., New
or
Organization—The Mobile & Bay Shore Ry.
Co. was oe and merged into the Mobile &
Ohio R. Co. in 1903. The M. & O. R. R. is
controlled, through stock ownership by the
Southern Ry. Co. .
Secured py a first mortgage on (1) 38 miles of
road from Pritchards to Bayou La Batre, Ala.,
and branch from Delchamps to Alabama Port,
Ala., at the mouth of Mobile Bay. These bonds
are outstanding at the rate of $5,000 per mile.
Legal for Cal. and Fla
MOBILE & BIRMINGHAM RAILROAD CO.
Prior ern 5s. Due July 1, 1945.—F.
See Map 12
Dated Dacate 29,.1895. Interest payable
a July 1, at J. P. Morgan & Co., New
ork. ©
Authorized—$1,000,000.
Outstanding—$600,000. (Closed mortgage.)
Denomination—Coupon, $200 and $1, 7
Trustee—Central Trust Co., New York.
Control—Incorporated in Alabama in 1895.
Leased in 1899 for 999 years to the Southern
Ry. Co. with the privilege. of renewal at an
annual rental equivalent to interest on the bonds
and 4% on the preferred stock.
Guaranteed as to interest under the terms of
lease by the Southern Ry. Co.
Secured by a first mortgage on (5) 150 miles of
road from Mobile to Marion Jet., Ala. These
bonds are outstanding at the rate "ot $4,000 per
mile. This is the only line operated by the
Southern Ry. into Mobile.
i puserliee pir ,200,000 Mobile & Birmingham
8
Refunding—The Southern Ry. Dev. & Gen. 4s
provide to retire this issue.
Listed on the New York Stock Exchange.
Market.
New York—Wolff & Stanley, Wm. A. C. Ewen,
Percy H. Bradshaw, McGeorge & Vanderhoef,
Simon Borg & Co., F. J. Lisman & Co., F. H.
Hatch & Co., Wm. C. Wilson.
Baltimore—Baker, Watts & Ca.,
Whedbee & Poe.
MOBILE & BIRMINGHAM RAILROAD CO.
Ist 4s. Due July 1, 1945.—F.
See Map 121.
Dated August 29, 1895. Interest payable
Jan. and July 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $1,000 and $200.
Trustee—Mercantile Trust Co., New York.
Guaranteed as to interest under terms of lease
by the Southern Ry. Co.
Secured by a second mortgage on (5) 150 miles
described under prior lien 5s above. These
ees are outstanding at the rate of $8,000 per
mile
Prior Liens—$600,000 Mobile & Birmingham
R. R. Prior Lien 5s of 1945.
Refunding—The Southern Ry. Dev. & Gen.
4s of 1956 provide to retire this issue.
Legal for California.
Listed on the New York Stock Exchange.
Market.
w York—Korn, Lehman & Co., Wolff &
ee. L. M. Prince & Co., Wm. C. Wilson,
Jenkins,
Beyer & Co., Simon Borg & Co., F. H. Hatch &
Co., F. J. Lisman & Co., J. B. Colgate & Co.
Hartford—Roy P. Crary. —
MOBILE & OHIO RAILROAD CO. Ist Terminal
& Coll. Tr. 5s. Due $60,000 semi-annually
to Feb. 15, 1921.—F.
Dated February 15, 1911. Interest payable
Feb. and Aug. 15 at Trustee’s office, New York.
Authorized—$1,200,000.
Outstanding—$720,000.
Balance Retired.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Guaranty Trust Co., New York.
Secured by a first mortgage on real estate in
Mobile and Birmingham, Ala., a first mortgage,
by a deposit of the entire issue $603,000, first
mortgage bonds of company owning the read, on
14 miles of road from Searcy to Kellerman,
Ala.; a first lien on $145,493 Warrior Southern
Ry. Equip. notes, secured on 200 drop bottom
gondola cars, and on one-fourth interest in 63,-
785 of the 150,000 shares of Preferred Stock “A”
and 106,404 of the 250,000 shares of Deferred
Stock “B” of the Alabama, New Orleans & Tex.
Pacifie Jet. Rys. Co., which controls 527 miles of
road from Meridian, Miss. to Vicksburg, Miss.
and _ Shreveport, La. and from Meridian, Miss.
to New Orleans, La., subject to $14,000,000
bonds.
Earnings—See 1st 6s 1927 below.
Legal for N. H.
Original Market—Offered in 1911 by Owen
Daly & Co., Frank Rosenburg & Co., and J. S.
Wilson, Jr. & Co., Baltimore, at par and interest.
Market.
New York—Hartshorne & Picabia, Wolff &
Stanley.
Baltimore—J. S. Wilson, Jr., & Co., Frank
Rosenburg & Co., Owen Daly & Co., Jenkins,
Whedbee & Poe.
Philadelphia—Henry & West.
MOBILE & OHIO RAILROAD CO. 1st Ext.
6s. Due July 1, 1927.—N.
See Map 124.
Dated July'1, 1883. Interest payable Jan.,
April, July and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York.
Control—See 1st 6s.
Secured by a first mortgage on (2) 53 miles of
road from a point opposite Cairo, Ill. to East
Columbus, Ky., Columbus, Miss. to Starkville,
Miss., Muldoon to Aberdeen, Miss. and a second
mortgage on (3) 472 miles of road from Mobile to
Columbus subject to a prior lien at the rate of
$14,800 per mile. These bonds are outstanding
at the rate of $1,900 per mile.
Prior Lien—$7,000,000 Mobile and Ohio 1st
6s of 1927.
Underlies—$9,472,000 Mobile & Ohio Gen.
4s of 1938.
Earnings—See 1st.6s 1927 below.
Legal for N. H. and N. Y.
Listed on the New York Stock Exchange.
Market. :
New York—Wood, Struthers & Co., Wolff
& Stanley, Sutro Bros. & Co., Gude, Winmill
& Co., A. D. Converse & Co., Hartshorne &
Picabia, Effingham Lawrence & Co., Blodget &
Co., Ambrose R. Clark, Gilman Clueas,
“Douglas Fenwick & Co., Ladd & Wood, Low,
Dixon & Co., Eyer & Co., Seasongood & Haas,
F. H. Hatch & Co., Boissevain & Co., Remick,
Hodges & Co.
Boston—Parkiuson & Burr.
MOBILE & OHIO RAILROAD, St. Louis Div.,
5s. Due Dec. 1, 1927.—F.
See Map 124.
Dated August 1, 1913. Interest payable June
ane pecember 1, at Hanover Nat’! Bank, New
ork.
Authorized—$3,000,000.
Outstanding—$2,500,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable as a whole only on any interes
date at 102 and interest.
Secured by a second mortgage on (4) 159 miles
of road from East St. Louis to Cairo, Ill. with
branch to Millstadt, subject to a prior lien at the
rate of $25,100 per mile. Bonds of this issue are
outstanding at the rate of $16,000 per mile, on an
important part of the main line of the M. & O.
. R. Co. :
Prior Lien—$4,000,000 St. L. & C. 4s of 1931.
Legal for N. H.
Listed on the New York Stock Exchange.
MOBILE & OHIO RAILROAD CO. Ist 6s.
Due Dee. 1, 1927.—N.
See Bap let
Dated May 1, 1879. Interest payable June
and Dec. 1, at Trustee’s office. .
Authorized and Outstanding—$7,000,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal or fully registerable.
Trustee—Farmers’ Loan & Trust Co., New
ork.
Controlled by the Southern Ry. Co. through
ownership of $5,670,200 of the outstanding
$020,600 eapital stock, but is operated indepen-
ently. :
Secured by a first mortgage on (3) 472 miles
of road from Mobile to Columbus, Ky. This is
the main line of the company and the shortest line
between Mobile and the Ohio River. These
bonds are outstanding at the rate of $14,800 per
mile.
Underlies—$10,472,000 Mobile & Ohio Extn.
6s of 1927 and General 4s of 1938.
Report years ended June 30:
3 18-14 1912-18.
Gross Earnings .. $12,975,431 $12,377,650
Net Earnings.... 2,899,603 3,307,453
Net Income..... 2,571,863 8,206,370
Rentals......... 817,749 1,072,350
* Interest......... 1,494,069 1,827,675
Miscellaneous... . 98,574 184,278
Dividends....... 240,680 240,824
Balance..... Def. $179,309 Sur.$381,243
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
N. H., N. J., and Wis.
Listed on the New York Stock Exchange.
- Market...
New York—Korn, Lehman & Co., Douglas
Fenwick & Co., Sutro Bros. & Co., Hartshorne
& Picabia, Gude, Winmill & Co., Bigelow & Co.,
Ladd & Wood, Coffin & Co., Hartshorne &
Battelle, Didrichsen & Co., Gilman & Clucas,
Low, Dixon & Co., Ambrose R. Clark, Season-
good & Haas, McGeorge & Vanderhoef, L. M.
Prince & Co.
Boston—Parkinson & Burr.
MOBILE & OHIO RAILROAD CO. Gen. 4s.
Due Sept. 1, 1938.—N.
See Map 124.
Dated May 15, 1888. Interest payable March
vere 1, at Hanover National Bank, New
ork.
Authorized—$10,500,000.
Outstanding—$9,472,000 ($8,246,000 owned
by the Southern Ry. Co.)
Cancelled—$1,028,000.
: Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Farmers’ Loan & Trust Co., New
York. 4 ‘
Control—See 1st 6s.
Secured by a second mortgage on (2) 58 miles of
road from opposite Cairo, Ill. to East Columbus,
515
Ky., Columbus to Starkville and Muldoon to
Aberdeen, Miss., subject to a prior lien at the
rate of $1,900 per mile, and a third mortgage on
(3) 472 miles from Mobile to East Columbus, Ky.,
subject to prior liens at the rate of $16,700 per
mile. These bonds are outstanding at the rate of
$16,500 per mile. :
Prior Liens—$8,000,000 M. & O. 1st 6s and
Ext. 6s.
Legal for N. H.
Listed on the New York Stock Exchange.
Market.
.New York—Jos. Walker & Sons, Hartshorne &
Picabia, Wolff & Stanley, Effingham Lawrence
& Co., L. M. Prince & Co., C. D. Barney & Co.,
Ladd & Wood, Foster & Adams ,Beyer & Co.
MOBILE & OHIO RAILROAD CO. Montgomery
Div. 1st 5s. Due Feb. 1, 1947.—N.
See Mop. 124. .
Dated February 1, 1897. Interest payable
Feb. and Aug. 1, at Hanover National Bank,
New York.
Authorized—$4,000,000.
Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Control—See 1st 6s.
Secured by a first mortgage on (5) 190 miles of
road from Columbus, Miss., to Montgomery,
Ala., with branches from Tuscaloosa to Tide-
water, Ala.,and from Eoline to Tennessee Coal,
Iron & R. R. Mine, Ala. These bonds are out-
standing at the rate of $21,000 per mile.
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
. H., N. J. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Percy H. Bradshaw, Gude, Win-
mill & Co., Clark, Dodge & Co., Korn, Lehman
& Co., A. E. Fitkin & Co., Hartshorne & Bat-
telle, Effingham Lawrence & Co., McGeorge &
Vanderhoef, Pouch & Co., Eyer & Co., Gilman
& Clucas, Wm. C. Wilson.
MOBILE & OHIO RAILROAD CO. Equip. 5s.
Due May 1, 1919.—F. .
Dated May 1, 1899. Interest payable May 1
and November 1, at Farmers’ Loan & Trust Co.,
Registerable
New York.
Authorized—$500,000.
Outstanding—$498,000.
Retired—$2,000.
Denomination—Coupon, $1,000.
as to principal.
Yon ee Loan & Trust Co., New
ork.
- Sinking Fund—5 % per annum of the amount
of bonds issued to be applied to the purchase and
cancellation of these bonds at not exceeding
parand interest. If bondsare not so purchasable
to be applied to purchase of new equipment which
is to be subjected to the lien of these notes.
Equipment so purchased since 1905 includes
seven locomotives, 15 service cars, and the
passenger, express and combination cars men-
tioned below. ;
Secured by a first lien on 32 locomotives, 200
fruit express cars, 200 gondola cars, 20 box
cars, 15 service cars, 23 caboose cars, one pas-~
senger car, four express cars and seven combina-
tion, baggage and mail cars.
Market.
New York—Freeman & Co., Chas. H. Jones
& Co., Struthers & Hiscoe.
MOBILE & OHIO RAILROAD CO. Equip. 5s,
Registerable
Series ‘‘B.”” Due Oct. 1, 1919.—F.
Dated October 1, 1899. Interest payable
April 1 and October 1, at Farmers’ Loan & Trust
Co., New York.
Authorized—$500,000.
Outstanding—$499,000.
516
Retired—$1,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
wo Loan & Trust Co., New
ork.
Sinking Fund—See Series A above. Equip-
ment purchased since 1905 includes four loco-
motives, four service cars, one dining car, nine
passenger cars, nine express cars, two baggage
and mail cars and four caboose cars. —=s_—|
Secured by a first lien on 21 locomotives, 100
fruit express cars, 300 gondola cars, 75 box cars,
19 service cars, 50 ballast cars, one dining car,
nine passenger cars, nine express cars, two bag-
gage and mail cars and four cabooses.
Market.
New York—Struthers & Hiscoe.
MOBILE & OHIO RAILROAD Equip. 44s,
Series “‘F.”. Due $23,000 each March 1,
ana 922,000 each September 1, to March 1,
Dated March 1,1912. Interest payable March
va September 1, at Bankers’ Trust Co,. New
ork.
Authorized—$450,000.
Outstanding—$305,000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
six locomotives, six passenger cars, four baggage
and mail cars, one express car, 334 gondola cars
and 50 automobile box cars.
Market.
New York—Struthers & Hiscoe.
mony ELECTRIC CO. Ist 5s. Due May 1,
Dated May 1, 1906. Interest payable May and
Nov. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$1,805,000.
Pledged under Standard Gas & Elec. Co. Conv.
6s of 1926.—$224,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank Chicago.
ri Eescemeble at 105 and interest on any interest
ate.
Sinking Fund—1% annually of outstanding
bonds, beginning May 1, 1916 in cash or bonds
of this issue to be taken at a price not to exceed
that at which bonds are offered to the Trustee.
If bonds cannot be purchased at 105 or better
they are to be drawn. Bonds acquired by this
fund are to be cancelled. :
Organization and Control—Incorporated in
Alabama in 1906 and acquired the electric prop-
erties in Mobile, Ala. The company is con-
trolled through stock ownership by the Standard
Gas & Electric Co. and $277,500 of its $852,500
preferred stock and $864,200 of its $950,000
common stock are deposited under that com-
pany’s Conv. 6s of 1926.
_ Secured by a first mortgage on plant supply-
ing Mobile, Ala., and vicinity with electric
light and power. Population served about
60,000. Franchises are unlimited as to time
and require an annual payment of 2% of gross
earnings to the city.
Net Earnings, 12/31/14.......... $195,376
ERNE Sd caewn oo ce yard ee ene ee ep 88,049
Original Market—Offered in 1909, by William
P. Bonbright & Co., New York, etc., at 90 and
interest.
Market.
New York—Wnm. P. Bonbright & Co., A. D.
Converse & Co., Douglas Fenwick & Co., F. H-
Hatch & Co., Gwynne Bros., R. F. Westerfield,
Kleybolte & Co., Hotchkin & Co., Byrne &
McDonnell, R. B. Hathaway & Co., Berdell
Bros., H. M. Byllesby & Co., J. H. Howell & Co.,
H. G. Einstein & Co., John D. Curtis & Co.,
G. H. Burr & Co., Kirkpatrick & Lewis, Gude,
Winmill & Co., J. A. Clark & Co.
yt hiladelphia— Wistar '& Stokes, Montgomery,
Clothier & Tyler, Oscar R. Dare.
Boston—F. W. Mason & Co., H. L. Nason &
Co., Moors & Cabot, L. Sherman Adams, F. B.
Bassett & Co., F. W. Mason & Co.
Chicago—H. M. Byllesby & Co., E. T. Kons-
berg & Co.
Cincinnati—Geo. Koehler & Co., Rudolph
Kleybolte & Co.
MOBILE GAS CO. Ist 5s. Due Jan. 1, 1924.—F.
Dated January 1, 1910. Interest payable Jan.
and July 1, at N. W. Halsey & Co., New York, or
at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$756,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable at 105 and interest on any interest
date after Jan. 1, 1915.
gee eaten: Inconperated in Alabama in
Secured by a first mortgage on plant supplying
gas to Mobile, Ala. and vicinity. Population
served, about 60,000. Franchises expire in 1926.
Underlies—$500,000 Debenture 6s due 1921.
Net Earnings, 12/31/13........... $87,547
Original Market—Offered in 1910, by N. W.
Halsey & Co., New York, Chicago, etc., at 96
and interest.
Market.
Chicago—Peoples Trust & Savings Bank, N.
W. Halsey & Co., H. T. Holtz & Co., E. T. Kons-
berg & Co.
New York—N. W. Halsey & Co., W. C.
Langley & Co., R. B. Hathaway & Co., S. L.
Snowden, Geo. H. Burr & Co.
Milwaukee—First Savings & Trust Co.
Philadelphia—Chandler & Co., Halsey & Co.
MOBILE GAS CO. Deb. 6s. Due Dec. 1, 1921.
Dated Dee. 1, 1911. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$600,000..
Outstanding—$500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co. of Illinois, Chicago.
4 Redeemable at 101 and interest on any interest
ate.
Security—A direct obligation of the company
but not secured by a mortgage. While these
debentures are outstanding no further mortgage
ean be placed on the property of the company.
For further details see 1st 5s above.
Prior Lien—$756,000 1st 5s of 1924.
Net Earnings, 10/31/13........... $85,568
Market.
Chicago—H. T. Holtz & Co., E. T. Konsberg
& Co., Hulburd, Warren & Chandler.
New York—Blodget & Co., R. W. Jones, Jr.
MOHAWK & MALONE RAILWAY CO. Ist
4s. Due Sept. 1, 1991.—F.
See Map 82.
Dated July 1, 1892. Interest payable March
and Sept. 1, at Trustee’s office, New York.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 4
Trustee—Columbia Trust Co., New York.
Control—Absorbed by the New York Central
& Hudson River R. R. Co.
Assumed by the N. Y. Cen. & H. R. R. R. Co.
Guaranteed principal and interest by the New
York Central & Hudson River R. R. Co. by
endorsement. :
Secured by a first mortgage on (9) 182 miles of
road from Herkimer to Malone Jct., N. Y., in-
Registerable
eluding branches to Hinckley and to Saranac
Lake, N. Y. This line forms part of the New
York Central route between New York City, the
Adirondacks, Montreal and Ottawa. ‘hese
bonds are outstanding at the rate of $13,700 per
mile.
Underlies—$311,000,000 Cons. 334s and
N. Y. C. & H. R. Cons. 4s and Ref. & Imp. 44s,
which latter mortgage provides for the retirement
of this issue. ‘
Legal for Ca]., Conn., Fla., Me., Mass., Mich.,
Minn., N. H., N. J., N. Y., Vt. and Wis.
Listed on the New York Stock Exchange.
Original Market—$2,500,000 offered May,
1898, at 100 and interest by Brown Bros. & Co.
New. York, Philadelphia and Boston.
Market.
New York—J. S. Farlee & Co., Spencer Trask
& Co., McGeorge & Vanderhoef, Gude, Winmill
& Co., Coffin & Co., Foster & Adams, Ladd &
Wood, Newborg & Co., Blodget & Co., Hart-
shorne & Battelle, Bigelow & Co., Simon Borg &
Co., F. H. Hatch & Co., Whittemore, Pell & Co.,
Wood, Struthers & Co.
MOHAWK & MALONE RAILWAY CO. Cons.
314s. Due March 1, 2002.—F.
See Map 82.
Dated March 1, 1902. Interest payable March
and. Sept, 1, at Grand Central Station, New
ork. ae
Authorized—$10,000,000.
Outstanding—$3,900,000. :
Denomination—Coupon, $1,000. Registerable.
as to principal only, or fully registerable. Regis-
tered, $1,000, $5,000 and $10,000.
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and. interest by the New
York Central & Hudson River R. R. Co. by
endorsement, and assumed by that Company.
Control—See 1st 6s.
Secured by a second mortgage on (9) 182
miles of road covered by the first lien of the First
4s. See above. These bonds are outstanding
at the rate of $21,400 per mile.
‘ Frise Liens—$2,500,000 Mohawk & Malone
st 4s.
Underlies—$307,000,000 N. Y. C. & H. R.
Cons. 4s and Ref. & Imp. 414s, which latter
mortgage provides for the retirement of this
issue.
Legal for Conn., Me., Mich., Minn., N. H.,
N.J., N. Y. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Hartshorne & Battelle.
MOHAWK HYDRO-ELECTRIC CO. Ist S. F.
6s. Due Nov. 1, 1940.—F.
Tax exempt in New York.
Dated November 1, 1910. Interest payable
May and Nov. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$738,000.
Held in Treasury—$232,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable as a whole at 110 and interest
on any interest date.
Sinking Fund—Annually beginning Nov. 1,
1916, 144% of bonds issued, for the purchase or
redemption of these bonds at not over 110 and
interest. :
Organization—Incorporated in New York in
1910 and commenced operations in 1911.
Secured by a first mortgage on hydro-electric
plant located about nine miles north of Fort
Plain, N. Y. on the Garoza Creek and on about
eight miles of transmission lines built on private
right of way to Nelliston. The company supplies
power under long-time contract to the Fulton
County Gas & Electric Co. and the Fort Plain
Gas & Electric Co. Which companies supply
Registerable
517
Glavererils, Johnstown, Fort Plain and Nellis-
on, N. Y.
Net Earnings, 12/31/14........... $47,876
Interest on bonds......... ..... f >
Original Market—$500,000 offered Dee., 1910,
at 101)4 and interest by Pingree, McKinney &
Co., Boston.
Market. 7
New York—H. P. Taylor & Co., Gude, Win-
mill & Co.
-Cleveland—Otis & Co.
Boston—Kimball, McKinney & Co.
Buffalo—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
MONESSEN WATER CO. Ist 5s. Due July 1,
Tax free'in Pennsylvania. :
Dated July 1, 1912. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$800,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Redeemable on any interest date at 103 and
interest.
Secured by a mortgage on filtration and
pumping plants located at Charleroi, and on
distributing system supplying water to that
town, North Charleroi, and M 4
Pa. Population served, 30,624. Franchises are
without burdensome restrictions.
Net Earnings, 12/31/11...... ae. $61,482
arket.
Pittsburgh—Union Trust Co., Moore, Leonard
Lewis.
MONMOUTH GAS & ELECTRIC CO. Ist &
Ref. 5s. Due Oct. 1, 1929.—N. :
Dated Oct. 1, 1904. Interest payable April
1 and Oct. 1, at Trustee’s office.
Authorized—$200,000.
Outstanding—$154,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only.
Trustee—State Bank, Chicago.
_ Redeemable on any interest date at 105 and
interest.
Sinking Fund—1911-14, $2,100 per annum;
1915-19, $3,150 per annum; 1920-24, $5,250
per annum and thereafter $10,500 per annum.
Organization—Absorbed in 1909, by the Mon-
mouth Public Service Co.
Secured by a first mortgage on the plant sup-
plying gas and a second mortgage on the plant
supplying electricity in Monmouth, Ill. Popu-
lation served, 11,000. Has 30-year franchise.
eee Liens—$42,000 Edison Illuminating
68. :
Underlies—$588,000 M. P. S. Co. 5s, 1929.
Net Earnings, 12/31/13........... $11,298
arket.
Chicago—McCoy & Co., E. T. Konsberg & Co.
MONONGAHELA LIGHT & POWER CO. Ist
5s. Due June 1, 1949.—F.
Dated June 1, 1899. Interest payable June
and Dec. 1, at Mellon Nat’l Bank, Pittsburgh.
Authorized and Outstanding—$1,700,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Organization and Control—Incorporated in
1899. In 1902 the property of this company
was leased for 999 years to the Allegheny County
Light Co. Rental, operating expenses, taxes,
interest on bonds and 5% on $1,700,000 stock.
In Dece., 1912, this lease was assigned to the
Duquesne Light Co. for 50 years. The latter
eompany is a subsidiary of the Philadelphia Co.
Secured by a first mortgage on all the property’
of the company.
.
518
Net Earnings, D. L. Co.,
TOY BUS YA os rece tensa ashen eve a eee $1,542,341
Listed on the Pittsburgh Stock Exchange.
arket. ..
Peeburgh—E P. Taylor & Co., Donner, Child
oods.
Philadelphia—Mellor & Petry, Reed & Hun-
oon.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
nO COAL CO. Ist S. F. 5s. Due June 1,
Dated June 1, 1911. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$2,875,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole at 110 and interest
on any interest: date, or at par and interest for
sinking fund.
Sinking Fund—A cumulative sinking fund
commencing in 1914, for an annual amount equal
to three cents a ton on all coal mined, the mini-
mum amount being $60,000. Bonds are to be
kept alive in sinking fund and interest added to
fund. The sinking fund is an: operating charge
ahead of bond interest. 5
Organizati and Control—Incorporated in
Illinois in 1911 to take over and operate the coal
properties. formerly held by the Chicago, Indian-
apolis & Louisville Ry. Also operates under lease
about 3,000 acres of coal lands formerly con-
trolled by the Chieago, Indianapolis & Louisville
Ry., which company is controlled through joint
stock ownership by the Louisville & Nashville
Ry. Co. and the Southern Ry. Co.
Guaranteed as to interest ‘by the Chicago,
Indianapolis & Louisville Ry. Co. by endorsement.
Secured by a first mortgage on about 24,000
acres of coal land in Indiana, valued at over
$15,000,000.
Original Market—$2,500,000 offered in March,
1912, by the Equitable Trust Co. and Redmond
& Co., New York, at 94 and interest.
Market. : :
New York—Gude, Winmill & Co., Redmond
& Co., H. T. Carey & Co., Miller. & Co.,. Morton
Lachenbruch, Wm. ‘Morris Imbrie & Co., Harts-
horne & Battelle, Foster & Adams, Rauscher &
Childress, J. A. Clark & Co., F. H. Hatch & Co.,
Bigelow & Co. . 3
Baltimore—Sutton & Co., Nelson, Cook & Co.,
Strother, Brogden & Co.
Boston—Moors & Cabot.
MONONGAHELA RAILROAD CO. Ist 3s.
Due Oct. 1, 1942.—F.
Tax exempt in Pennsylvania. .
Dated Oc. 1, 1902. Interest payable April
and Oct. 1, at Treasurer’s office, Pittsburgh, Pa.
Authorized—$1,500,000.
Outstanding—$1,290,000. $586,000 owned by
the Pennsylvania R. R. Co.
Retired by Sinking Fund—$210,000. _
Denomination—Coupon, $1,000. Registerable
as to principal. : :
Trustee—Commercial Trust Co., Philadelphia,
a.
Sinking Fund—Annually on Oct. 1, 1% of
bonds outstanding, plus interest on all bonds
cancelled, to be appropriated from net earnings,
if sufficient, to purchase and cancel these bonds
at not exceeding par. If bonds are not so pur-
chasable money shall revert to company.
Control—Incorporated in Pennsylvania in 1900.
The capital stock of the Monongahela R. R
Co. is owned one-half by the Pennsylvania R. R.
Co. and one-half by the Pittsburgh & Lake Erie,
which latter_is controlled in the interests of the
New York Central R. R. Co. a
Guaranteed as to principal and interest jointly
Registerable
and severally by the Pennsylvania R. R. Co.
and the Pittsburgh & Lake Erie R. R. Co.
Secured by a first miortaage on 41 miles of road
from Brownsville Jct. to
branches. These bonds are outstanding at the
rate of $32,000 per mile.
Net Earnings, 6/30/14........... $584,266
Interest and Sinking Fund....... 97,139
wee for Cal., Fla., Me., Mich., Minn. and
Market.
Philadelphia—E. W. Clark & Co.
MONONGAHELA RIVER CONSOLIDATED
COAL & COKE CO. Ist 6s. Due Oct. 1,
> 1949.—N.
’ Dated Oct. 1, 1899. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$10,000,000.
- Outstanding—$6,323,000.
Cancelled by Sinking Fund—$3,294,000.
Trustee—Union Trust Co., Pittsburgh.
Denomination—Coupon, $1,000. Registerable.
as to principal. a
Reinvestment Fund—In 1911 the company
sold 8,988 acres: of coal rights to the H. C. Frick
Coke Co. for $7,638,800, payment being made:
in Ist. 5s of that company which are guaranteed
by the U. S. Steel Corp. and. about $7,000,000
of bonds of this issue were acquired and held by
the Trustee for reinvestment purposes. In
Oct., 1912 this fund amounted to $8,614,529.
Sinking Fund—An annual sum on or about
Dec. 1, equalto five cents per ton of one and one-
half inch coal mined and shipped for the pur-
chase of these bonds at a reasonable price. Bonds
so acquired are cancelled. :
Control—Practically the entire capital stock
has been acquired by the Pittsburgh Coal Co.
Secured by a first mortgage on over 20,000
acres of coal exclusive of surface; on 200 steam-
ers, 4,000 coal barges, coal elevators and other
equipment. The company is extensively en-
gaged in river transportation to New Orleans.
Net Earnings, P. Coal Co.,
st M2 BUA ie csciti ie saree ac eeoverses $4,201,070*
Interest... 0... eee eee 2,830,012
*The earnings of the Monongahela River Con-
sol. C. & C. Co. are included in the report of the
Pgh. Coal Co. The figure given here is after
the deduction of $613,601 interest on bonds of
subsidiary Cos. of Pgh. Coal Co., ineluding in-
terest on this issue, :
Market.
Philadelphia—Geo. S. Fox & Sons, S. K.
Phillips. :
Pittsburgh—H. P. Taylor & Co., Donner,
Childs & Wood, Moore, Leonard & Lewis.
New York—E. & C. Randolph, H. P. Taylor
& Co.
Buffalo—H. P. Taylor & Co.
MONONGAHELA RIVER RAILROAD CO.
1st 5s. Due Feb. 1, 1919.—N.
See Map 7.
Dated February 1, 1889. Interest payable
Feb. and Aug. 1, at B. & O. office, 2 Wall Street,
New York.
Authorized and Outstanding—$700,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : i
Trustee—Mercantile Trust & Deposit Co.,
Baltimore. f
Control—The_ entire capital stock of the
Monongahela River R. R. is owned by the
Baltimore & Ohio R. R. and pledged under its
Pitts., Lake Erie & West Va. Ref. 4s.
Guaranteed principal and interest by the
Baltimore & Ohio R. R. Co. by endorsement.
Secured by a first mortgage on (4): 80 miles of
road from Clarksburg to Fairmont, W. Va.
These bonds are outstanding at the rate of
$23,300 per mile.
artin, Pa., including
Refunding—Baltimore & Ohio-P., L. E. &
W. Va. Ref. 4s provide to acquire this issue.
Legal for Balt., Conn., Cal., Fla., N. H., Mich.,
Minn. and R. I.
Listed on the New York Stock Exchange.
Market.
New York—Wolff & Stanley, Spencer Trask
& Co., F. H. Hatch & Ca., J. B. Colgate & Co.
Baltimore—Robt. Garrett & Sons.
MONONGAHELA STREET RAILWAY CO.
(PL SReRuEL PA.) 1st 5s. Due June 1,
Tax exempt in Pennsylvania.
Dated June 1, 1898. Interest payable June 1
and Dec. 1, at Mellon National Bank.
Authorized and Outstanding—$1,000,000. |
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh.
. Organization and Control—Incorporated in
Pennsylvania in 1898. Leased for 999 years to
the Consolidated Traction Co., which is con-
trolled by the Philadelphia Company through
ownership of practically its entire capital stock.
Rental, interest, taxes and $315,000 per annum.
Lease guaranteed by the Philadelphia Company.
Secured by a first mortgage on 17 miles of
street railway from Woodlawn Ave. and Forbse
St., in the 14th Ward of Pittsburgh; on Forbes St.
to. Murray Ave., to bridge across Monongahela
River at Homestead; on Amity and Ann Sts. to
8th Ave. in Homestead to Munhall over West
Braddock Bridge (bridge not subject to this
mortgage); into Rankin and on Talbot Ave. to
18th St., Braddock.
Also from southern line of Braddock Borough,
over 13th St. Bridge to Duquesne, and on Oliver
Ave., 1st St., and Grant Ave. to Duquesne Ave.,
with branches in Braddock, Duquesne, Home-
stead and Munhall.
Also secured by a second mortgage on about 50
miles of street railway from Murray Ave. and
Forbes St. in the 14th Ward of Pittsburgh, on
Forbes St. to Braddock Ave. and on Braddock
Ave. through Wilkinsburg, Edgewood and
Swissvale. From Franklin and Swissvale Aves.
in Wilkinsburg, on Swissvale Ave. to Pennsyl-
vania Ave. in Edgewood, to Braddock Ave., and
on to Braddock, with numerous branch lines in
Braddock and North Braddock. From _Swiss-
vale and Penn. Aves., Wilkinsburg, to Verona
on the Alleghany River, and from Wilmerding
to Pitcairn.
Population served, including 14th Ward of
Pittsburgh, 150,000. Very little of the road ia
on private right-of-way, but all franchises are
perpetual. -
Prior Liens—$3,208,000 bonds of absorbed
companies.
Listed on the Pittsburgh Stock Exchange.
Market.
Pittsburgh—H. P. Taylor & Co., Moore,
Leonard & Lewis.
ge ene K. Phillips, R. Glendinning
0.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
MONONGAHELA VALLEY TRACTION CO.
1st 5s. Due June 1, 1942.—F.
Dated June 1, 1912. Interest payable June
and Dec. 1, at Guaranty Trust Co., New York.
Authorized—$15,000,000.
Outstanding—$2,500,000. 2
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. Registered, $1,000.
C. & R. interchangeable.
Trustee—Fidelity Trust Co., Baltimore.
_Redeemable at 105 and interest June 1, 1922,
or any interest date thereafter. :
Organization—The company was incorporated
in West Virginia on May 18, 1912, as a consoli-
dation of the Fairmont & Clarksburg Traction
519
Co., the Fairmont & Northern Traction Co. and
the Clarksburg & Western Electric Ry. Co. In
1911 the Fairmont & Clarksburg Traction Co.
acquired $760,000 of $1,000,000 capital stock
and $529,000 of the total issue of $600,000 Ist
5s of the Fairmont & Mannington Traction Co.,
owning 16 miles of track. : oe
Secured by a first mortgage on over 35 miles
of main line ‘of interurban railway, including line
from Clarksburg to Weston, 24 miles, and from
Barnesville to Rivesville and branch to Fairview,
11 miles; a second mortgage on plant supplying
Fairmont with electricity on 56 miles of street
and interurban railway, including street railway
in Fairmont and Clarksburg and 25 miles of
road between these cities, together with branches.
Total miles of track owned, 108, all in West’ Vir-
ginia. Further secured by a first lien on the
securities of the Fairmont & Mannington Trac-
tion Co. mentioned under “Organizaiion.”” Fran-
chises in Fairmont are perpetual and in other
towns are for 50 years with the shortest expir-
ing in 1952. Interurban lines are built on pri-
vate right-of-way. .
' Prior Lien—$2,500,000 Fairmont & Clarks-
burg Traction 1st 5s of 1938, which this mortgage
provides to retire.
Net Earnings, 12/31/14.......... $552,665
Interest and taxes 308,642
Listed on the Baltimore Stock Exchange.
Original Market—$2,500,000 offered in June,
1912, by N. W. Halsey & Co., New York, and
Middendorf, Williams & Co., and Hambleton &
Co., New York and Baltimore, Mackubin, Good-
rich & Co., and Nelson, Cook & Co., both of Bal-
timore, at 96 and interest.
Market.
Baltimore—Sutton & Co., Baker, Watts & Co.,
Stein Bros., J&in D. Howard & Co., Hambleton
& Co., Nelson, Cook & Co., Middendorf, Williams
& Co., Strother, Brogden & Co., W. W. Lanahan
& Co., Walter Koppelman, Townsend Scott &
Son, J. Harmanus Fisher & Son, Fidelity Trust
0.
__New York—N. W. Halsey & Co., Middendorf,
pen & Co., E. & C. Randolph, Hambleton
0.
Chicago—N. W. Halsey & Co.
'Philadelphia-—S. K. Phillips, Oscar R. Dare.
(THE) MONTANA CENTRAL RAILWAY CO.
Ist 5s and 6s. Due July 1, 1937.—N.
See Map 54.
Dated July 1, 1887. Interest payable Jan.
and July 1, at Grea. Nor.hern office, 832 Nassau
St., New York.
Authorized—$10,000,000.
Outstanding—$4,000,000-5s; $6,000,000-6s.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered
$1,000 and $5,000.
Trustee—Central Trust Co., New York.
Control—The Montana Central Ry. Co. has
es consolidated into the Great Northern Ry*
‘0. -
Assumed by the Great Northern Ry. Co.
Secured by a first mortgage on (4) 250 miles of
road from Great Falls to Butte, Great Falls to
Neihart and Sand Coulee, all in Montana. _ This
line affords the Great Northern Ry. its only
entrance into Helena and Butte, Montana, the
centers of the great Montana copper mining re-
gion. These bonds are outstanding at the rate
of $40,000 per mile.
Underlies—$46,000,000 St. Paul, Minneapolis
& Manitoba-Montana Extn. 4s of 1937 and the
Great Northern Ist & Ref. 44s of 1961. Bonds
are reserved under the latter mortgage to retire
this issue. ;
Legal for Balt., Cal., Conn., Fla., Mass., Mich.,
Minn., N. H., N.J., N. Y., R. L., Vt. and Wis.
Listed on the New York Stock Exchange.
Market—5s.
New York—Blodget & Co., R. L. Day & Co.,
520
Sutro Bros. & Co., Harris, Forbes & Co., F. H.
Hatch & Co., L. M. Prince & Co., Peck, Rasmus
& Truesdale, Wood, Struthers & Co.
Baltimore—Jenkins, Whedbee & Poe.
Boston—N. W. Harris & Co., Old Colony
Trust Co.
Chicago—Harris Trust & Savings Bank.
eo _ .Market—6s.
New York—Remick, Hodges & Co.,. Blodget &
Co., Estabrook & Co., Sutro Bros. & Co., Wood-
bury & Middledith, Newborg & Co., F. H.
Hatch & Co., Redmond & Co., Wood, Struthers
& Co., J. B. Colgate & Co., Peck, Rasmus &
Truesdale, Eastman, Dillon & Co., Vickers &
Phelps, Gude, Winmill & Co.
Boston—W. S. Place, Estabrook & Co., Old
Colony Trust Co.
Baltimore—Jenkins, Whedbee & Poe.
MONTANA INDEPENDENT TELEPHONE
CO. 1st 6s. Due Dec. 1, 1926.—F.
Dated Dec. 1, 1906. Interest payable June
and Dec. 1, at State Savings Bank, Butte, Mont.
Authorized—$1,500,000.
Outstanding—$1,183,200.
Denomination—Coupon, $100, $500 and$1,000.
Registerable as to principal.
Trustee—State Savings Bank, Butte, Mont.
Organization—Incorporated in 1906 in Mon-
tana to own and operate independent telephone
systems. ss
Secured by a first mortgage on independent
telephone system furnishing local service in
Butte, Anaconda, Helena, Missoula and Great
Falls, Mont., and also long distance service
between these cities. Population served, 100,000.
Net Earnings, 12/31/12......... $151,813
Fixed charges.........--.++000- 81,914
Market.
Boston—Hotchkin & Co. .
Chicago—M. T. Leonard & Co.
(THE) MONTANA POWER CO. Ist & Ref.
. F.'5s.. Due July 1, 1943.—F.
Dated July 1, 1918. Interest payable Jan. and
ae at Company’s office, 71 Broadway, New
ork. ,
Authorized—$75,000,000.
Outstanding—$16,000,000.
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal. Registered
$1,000, $5,000 and $10,000 and multiples. C. &
R. interchangeable. a
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on July 1, 1918,
or any interest date thereafter. ‘
Sinking Fund—Annually one-half of 1% be-
ginning Jan. 1, 1918 through 1922 and 14%
annually thereafter. The percentages are to be
computed on the aggregate amount of bonds of
the company and its subsidiaries and including
underlying bonds outstanding at the date of
each sinking fund payment and also including
bonds held in this sinking fund and all under-
lying bonds and bonds of subsidiary companies
acquired or retired after July 1, 1918, for their
respective sinking funds. The company is to be
allowed credit, toward the above sinking fund
for payments of sinking funds on underlying
bonds or bonds of subsidiary companies. This
fund and its accretions is to be applied to the
purchase or redemption of bonds of this issue at
not over 105 and interest. It is estimated that
this fund will retire or acquire before maturity
about 50% of the total amount of bonds of the
system outstanding Jan. 1, 1918 and about 40% of
the total bond issues of the system at maturity.
Organization—Incorporated in New Jersey
Dec., 1912 and owns in fee the properties formerly
owned by the Butte Electric & Power Co.,
Madison River Power Co., Billings and Eastern
Montana Power Co., Missouri River Electric
& Power Co. and thé former) Montana
Power Co. Also owns the entire capital stock
of the Great Falls Bower Co., Thompson Falls
Power Co. and Mont. Reservoir & Irrigation Co.
Secured by a direct first mortgage on all the
Bee formerly owned by the. Missouri
iver Electric & Power Co,; a first lien on the
entire $5,000,000 capital stock of the Thompson
Falls Power Co. and on the entire $985,500
capital stock of the Montana Reservoir &
Irrigation Co., which companies have no out-
standing bonds and additional securities -issued
by either company must be deposited hereunder.
Deposited securities are subject to withdrawal
as a whole upon deposit with the trustee of cash
equal to cost or sale price, whichever is greater.
Also a direct mortgage, subject to prior liens,
on the properties formerly, owned by the Butte
Electric & Power Co., Madison River Power
Co., Billings & Eastern Montana Power Co.
and Montana Power Transmission Co. Further
secured by a first lien on one-half of the entire
$10,000,000 capital stock of the Great Falls
Power Co. and a second lien on the remaining
one-half which is deposited under the Butte
Electric & Power Co. Ist 58, The Great
Falls Power Co. has outstanding $4,895,000
ist 5s and $105,000 held in sinking fund of a total
authorized issue of $15,000,000. Additional
bonds issued for che completion of plants now
under construction are required to be deposited
with the trustee of. this mortgage as additional
security.
The property covered by direct or collateral
lien comprises 12 hydro-electric power plants
and 4 steam reserve plants having about 102,080
h. p. developed, of which 8,080 is steam; 1,403
miles of transmission lines, together with ‘dis-
tribution systems in a number of. cities and
towns including Butte and Great Falls; 253,000
h. p. undeveloped, of which 160,000 h. p. will
be completely developed in 1918. Of the above
property this mortgage is a first lien on 83% in
capacity of the present developed power plant,
20% of the transmission lines and 33% of
undeveloped water powers, The, various prop-
erties supply electric light and power to’ the
greater part,of the population of Montana,
including the “Butte district” and contracts
a large amount of power to mines, railroads
and other industries.
Prior Liens—$12,000,000 Butte Elec. & Pow.
Co. 1st 5s., Madison River Power Co. ist 5s, Mon-
tana Pover Transmission Co. 1st 5s and Great
Falls Co. Ist 5s, For the retirement of all of
which named issues bonds are Teserved under
this mortgage.
Net Earnings, 12/31/14 $2,597,280
FI nterests ciemion is 22 wacesvels ba eR, 949,577
*Does not include interest. on this issue.
Listed on the New York and London Stock
Exchanges.
Original Market--$10,000,000 offered Feb.,
1914, by the Guaranty Trust Co. and J. & W.
Seligman & Co., New York, and Lee, Higginson
& Co., Boston, New York, « etc., at 94 and interest.
$6,000,000 offered by the same firms i in February,
1915, at 91 4 and interest.
Market.
Boston—F, B. Bassett & Co.
Chicago—McCoy & Co.
New York—C. E. Mitchell & Co., Gude, Win-
mill & Co., Guaranty Trust Co., John Nickerson,
Tr. ‘
St. Paul—F. E. Megraw.
_—Philadelphia—Rufus Waples & Co., Reed &
Huntoon.
MONTANA POWER Tee SN CO. ist
5s. Due Aug. 1, 1933
Dated Aug. 1, 1903. Interest. payable Feb.
and Aug. 1, at office of Montana Power Co., 71
Broadway, "New Aor.
Authorized—$750,0
Outstanding—$564, 1000.
Montana Power Co.
$3,000 owned by
521
Retired by Sinking Fund—$70,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to pineal.
vonee u S. Mortgage & Trust Co., New
ork.
Redeemable at 105 and interest on three
months’ notice.
Sinking Fund—Began July 31, 1908, and
requires annual a of 1 34 % of bonds
outstanding July 81, 1918, to and includin:
July 30, 1917; 2% 1918 through 1922; 24%%
1923 through ‘1927; 244% 1928 through {332
for the purchase or redemption of these bonds
at not over 105 and interest.
Guaranteed as to princi, pe and interest by
the Butte Electric & Power.Co.. by endorsement.
Assumed by The Montana Power Co.
Control—Absorbed in 1909 by the Butte
Electric & Power Co., which company was
absorbed by the Montana Power Co., Dec., 1912.
Secured by a first mortgage on a hydro-
electric plant about 65 miles from Butte, Mont.,
and transmission lines to that city.
Underlies—$16,000,000 Montana Power Co.
lst & Ref. 5s of 1948, which mortgage provides
for the retirement of this issue.
Net Earnings, 12/31/14........ $2,597,280
Interest on bonds............. 949,5
This 1881s. i ies ee eee sia aa sae ts 449,677
Original Market—Offered in 1909 at 97%
and interest by Jackson & Curtis, New York &
Boston.
Market.
Boston—F. W. Mason, Jackson & Curtis.
New York—Plympton, Gardiner & Co., Jack-
son & Curtis, Gude, Winmill & Co.
Providence—Miller & George.
MONRO. WATER CO. Ist 6s.
Dated Dec. 1, 1908. Interest payable June 1
qna Dee. 1, at office of P. W. Brooks & Co., New
ork
Authorized—$500,000.
Outstanding—$221, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal and interest.
Trustee—Bankers Trust Co., New York.
Redeemable at 110 and interest on any in-
terest date.
Sinking Fund—A sum equal to 1% per annum
for two years, and 2% annually thereafter, of
outstanding bonds, to be applied after five years
to the purchase of bonds for the sinking fund.
If bonds are not purchasable at less than 110 and
interest, they shall be drawn by. lot at that price.
9oreanization—Incorporated in New Jersey in
Due Dec. 1
Secured by a first mortgage on plant supply-
ing water in Billings, Montana, serving a popu-
lation of 15,000. The company has a contract
running to March, 1927, to ene ly all water for
public use in Billings. Upon the expiration of
this contract the city has the right to purchase
the plant at an agreed on or arbitrated value.
Net Earnings, 1/31/13 34,650
Interest
Boston—F. W. Mason & Co.,
MONTANA, WYOMING & SOUTHERN RAIL-
ROAD Ist 5s. Due Sept. 1, 1939.—F.
Dated Sept. 1, 1909. Interest payable Mar.
and Sept. 1, at Empire Trust Co., New York.
Authorized—Bonds may be issued up to $25,-
000 per mile of gouitena! Tread.
- Outstanding—$890,00'
Retired by Sinking Fund—$10,00
Denomination—Coupon $1,000.
as to principal.
Trustee—Empire Trust Co., New York.
Redeemable at 110 and interest.
Sinking Fund—Began in 1912.
euinterable
Secured by a first mortgage on 25 miles of
road from Bridger to Washoe, Mont. These
bonds ee outstanding at the rate of $36,000
per mil
Net Earnings, 6/30/14........... my 655
Dnberest «iy «cay 6.454 RRL BREE 9775
2 rian Market—Offered by W. C. Taney
o., New York, at 9734 and interest in Aug.,
Boston—H. C. Spiller fe Ge Hotehkin & Co.,
Philadelphia—O. B. Lansinger & Co.
_ New York—W. C. Langley & Co., Rauscher &
Childress.
MONTAUK EXTENSION RAILROAD CO.
1st 5s. Due Jan. 1, 1945.—N.
See Map 62.
Dated January 2, 1895. Interest payable
January 1 and July 1, at United States Mortgage
Trust Co., New York.
Authorized—$600,000.
Outstanding—$315, 000.
ean for L. I. R. R. Co. Unified 4s—
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—Merged into the Long Island R. R.
Co., which is controlled by the Pa. R. R.. Co.
Assumed by the Long Island R. R. Co. A
junior issue is also guaranteed as to principal and
interest by the Pennsylvania R. R. Co., by en-
dorsement.
Secured by a first mortgage on (9) 21 miles of
road from Bridgehampton to Montauk, N. Y.
These bonds are outstanding at the "rate of
$15,000 per mile.
Underlies—$48,000,000 L. I. R. R. Cons. 43
and 5s of 1931; Unified 4s of 1949, Ref. 4s of
1949 and Debentures.
Listed on the New York Stock Exchange.
Legal for Maine.
Market.
New York—J. H. Becker & Co., Blodget & Co.
MONTEREY LIGHT & POWER CO. Ist 6s.
Due April 1, 1929.
Dated April 1, 1904. Interest payable April
and Oct. 1, at New ork Trust Co., New York.
Authorized—$400,0
Outstanding—$256, 00 10.
Held in Sinking Fund—$28, 000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—14%% annually to 1910, 2%
to 1920 and 3% per annum thereafter.
Control—All of the stock is owned by Monterey
Ry. Lt. & Power Co.
Secured by a first mortgage on plant supplying
foes to Monterey, Mex. Franchise extends
Original Market—Offered by N. W. Halsey &
Co., at 101 and interase in August, 1906,
arket.
New York—N. we Halsey & Co., Rauscher &
Childress.
MONTGOMERY & ERIE RAILROAD CO.
Ist Ext.5s. Due May 1, 1926.—N.
See Map 50.
Dated May 1, 1866. Extended May 1, 1886.
Interest payabe May and Nov. 1, at National
Bank of Orange County, Goshen, N. Y.
Authorized and Outstanding—$130,000.
Denomination—Coupon, $500 and $1,000.
Trustees—Wm. Murray, Nathan C. Sanford
and Henry Merriam.
Control—The property of the Montgomery &
Erie R. R. Co. was leased in perpetuity in 1872
by the Erie Railway Co. The road is now
operated by the Erie Railroad Co. under that
lease; rental, $16,000 per annum.
522
Secured by a first mortgage on (10) 10 miles
of road from Montgomery to Goshen, N.
‘Underlies—$40,500 Montgomery & Erie 2d
5s of 1927.
Refunding—The Erie R. R. Cons. Gen. fies
4s of 1996 provide to revire this issue.
Lega! for Conn., Mich., N.'J., N. Y., Me.,
Minn. and Wis. ‘
MONTGOMERY (ALA.) LIGHT & WATER
POWER CO. ist Cons. 5s. Due Jan. 1,
1943.—
Dated Nov. 26, 1902. Interest payable
ee and July 1, at H. L. Doherty & Co., New
Authorized—$3,000,000.
Outstanding—$2, 050, 000.
Denomination—Coupon, $1,000 and $100.
Registerable as to principal. Registered, $1,000
and $100.
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest on any interest
date on six weeks’ notice.
Organization and Control—Incorporated Nov.,
1902, in New Jersey and acquired the gas and
electric properties in Montgomery, Ala. Con-
trolled through stock ownership by the Cities
Service Co. .
Management—Doherty Operating Co.
Secured by a first mortgage on hydro-electric
plant of 5,000 h. p. on the Tallapoosa River, 30
miles from Montgomery and transmission lines
to that city built on private right of way, 200
feet wide and a mortgage subject to a prior lien
on the gas generating plant, « steam reserve
electric generating plant and distribution systems
supplying gas and electricity in Montgomery,
Population served 60,000. Gas franchise
runs to 1954. Electric franchise is perpetual.
Prior Lien—$300,000 Montgomery Light &
Power Co. 1st 5s of 1947.
‘Net Earnings, 4/30/11..... vee. =©$191,663
Interest on bonds............. 103,967
Original Market—Offered in 1907, by Cramp,
Mitchell & Shober, Philadelphia, at 824% and
interest; also offered in 1912, at 90 and interest
by Henry L. Doherty & Co., New York.
arket.
New York—Wolff & Stanley, Coffin & Co.,
Williams, Dunbar & Coleman, F. H. Hatch &
Co., Gude, Winmill & Co.
New Haven—The W. T. Fields Co.
Cleveland—Roland T. Meacham.
Baltimore—Stein Bros.
MONTOUR RAILROAD CO. Ist S. F. 5s.
Feb. 1, 1963.-—F.
Tax free in Pennsylvania.
Dated Feb. 1, 1918. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$2,750,000.
Outstanding—$2,695,000.
Balance retired.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Redeemable as a whole at 105 and interest
on or after Feb. 1, 1924, or in part for sinking
fund at 102 4 and interest.
Sinking Fund—Annually on or before Feb. 1,
beginning 1914, an amount sufficient to retire
$55,000 (par value) bonds. If bonds cannot
be purchased at 10234 and interest or better,
they are to be called on four weeks’ published
notice. It is estimated that this fund will retire
entire issue before maturity.
Guaranteed as to prpeipal and interest by
endorsement by the Pittsburgh Coal Co. of
Pennsylvania.
Control—Entire $1,500,000 capital stock is
owned by the Pittsburgh Coal Co.
Secured by a first mortgage on about 53 miles
of road extending from Montour Jct. on the
Pittsburgh & Lake Erie R. R. to Mifflin Jct.
Due
Registerable
on the Union R. R. with branch from Groveton
on the P. & L. E.'R. R. to Moon Run, Pa.
Further secured by a first lien on traffic agree-
ment with the Bessemer & Lake Erie R. R. The
road serves 100,000 acres of coal in Washington
and Allegheny Counties, Pa. :
Net Earnings, 6/30/14.......... $199,289
Interest on bonds...............' 101,328
Original Market—Offered in January, 1914, by
Union Trust Co. and Mellon National Bank,
Pittsburgh, at 101 4 and interest.
Market. {
Pittsburgh—Union Trust Co.
MONTPELIER & BANE LIGHT & POWER
CO. 1st Ref. Convertible 5s. Due October
1, 1944.—F,
Massachusetts tax exemption fee refunded to
holders who pay same.
Dated October 1, 1914. Interest payable
April: 1 and October 1 in Boston.
Authorized—$2,500,000.
Ouitstanding—$250,000.
Denomination—Coupon $100 and $1,000.
Registered $100 and multiples thereof.
Trustee—American Trust Co., Boston, Mass.
Redeemable as a whole at 105 and interest
on any interest date.
Convertible after March 1, 1916, into 6%
preferred stock, par for par. (Stock is tax
free in Massachusetts). (
_ Organization—Incorporated in Massachusetts
in 1912.
Management—Charles H. Tenney & Co.,
Boston.
Secured by a first mortgage on certain exten-
sions of the plant supplying Montpelier and
Bane, Vt., and vicinity with electricity, and a
second mortgage on the remainder of the plants,
together with hydro-electric and steam generat-
ing plants and valuable water powers on the
Winooski River. Population ‘served 30,000.
Franchises perpetual.
Prior Liens—$1,049,000 bonds of constituent
companies.
' Net Earnings, 6/30/14.......... $159,945
Rn bereseis..«cisieg 29 gsegitig is eatery ta ‘i
Original Market—Offered in 1915 by A. B.
Leach & Co., Boston, New York, etc., at 9414
and interest. 24
MONTREAL LIGHT HEAT & POWER CO.
1st & Coll. Tr. 414s. Due Jan. 1, 1932.—N.
Dated January 1, 1902. Interest Keen
Jan, and July 1, at Bank of Montreal, Montreal
and New York.
Authorized—$7,500,000.
Outstanding—$6,938,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Royal Trust Co., Montreal.
Redeemable as a whole at 105 and interest
on any interest date on 90 days’ notice.
Organization—Incorporated in 1901 under
Special Act of Parliament in Quebec, granting
perpetual rights in and within 100 miles of the
city of Montreal. The company controls
through stock ownership and operates the fol-
lowing companies: Montreal Gas Co., Royal
Electrie_Co., Montreal & St. Lawrence Light &
Power Co., Imperial Electric Light Co., Citizens’
Light & Power Co., Standard Light & Power
Co., Temple Electric Co., Lachine Rapids Hy-
draulic & Land Co. and Provincial Lighc, Heat
& Power Co. Also owns $500,000 stock of the
Shawinigan Water & Power Co. and controls
under contract apo of that company and the
.Provincial Light, Heat. & Power Co. for the
Island of Montreal. In 1912 acquired control
with the Shawinigan W. & P. Co. of the Cedar
Rapids Mfg. & Power Co. The M.L., H. & P.
Co. also guarantees principal, interest and sink-
ing fund. on the $1,458,000 bonds of the Pro-
vincial Light,-Heat & Power Co.-
‘Stark & Co., C.
'Co., J. A. Mackay & Co., Ltd.
Secured by a first mortgage on all the prop-
erty, franchises, etc., directly owned by the com-
pany and further secured by deposit with the
trustee of the entire capital stock of the Mont-
real Gas Co., Royal Electric Co., Montreal &
St. Lawrence Light & Power Co., Imperial Elec-
tric Light Co. Through its subsidiaries the
Montreal L. H., & P. Co. owns and operates
three hydro-electric plants of a combined ca-
pacity of 43,000 h.p.; plants supplying all the
- gas to Montreal and suburbs; distributing sys-
tems supplying with unimportant competitive
electric light and power to that city and vicin-
ity; also sells power to the Montreal Stree: Ry.
Co. Population served, over 550,000. Fran-
chises are perpetual. :
Prior Liens—$636,000 Montreal Gas Co. 1st
4s due 1921 and about $75,000 Royal Electric
Co. Ist 44s due Oct. 1, 1914
Net Earnings, 4/30/14 - $3,467,246
Triberest isiess sae sox ssparciets-e.ae leavers
Listed on the Montreal Stock Exchange.
Original Market—$2,500,000 offered in 1902.
by the Bank of Montreal and N. W. Harris &
ass New York, Boston and Chicago, at 102 and
interest.
; Market. 4
New York—Berdell Bros., Harris, Forbes &
Co., Penington, Colket & Co., Hotchkin &-Co.,
Perry, Coffin & Burr, Gude, Winmill & Co. ©
Chicago—Harris Trust & Savings Bank.
Boston—W. L. Raymond & Co., N. W. Harris
& Co., Perry, Coffin & Burr, F. B. Bassett & Co.
Philadelphia—C. D. Barney & Co., S. K.
Phillips.
Montreal—Nesbitt, Thomson & Co., McCuaig
Bros. & Co., Dominion Bond Co., Ltd., N. B.
Stark & Co., C. Hallet & Co.
Toronto—A. E. Ames & Co.
MONTREAL LIGHT, HEAT & POWER CO.
Lachine Power S. F. 5s. Due April 1, 1933.
—N.
Dated April 1, 19038. Interest payable April
and Oct. 1, at Bank of Montreal, Montreal and
New York.
Authorized—$4,000,000.
Outstanding—$3,200,000.
Retired by Sinking Fund—$362,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Royal Trust Co., Montreal.
Redeemable as a whole at 105 and interest on
any interest date. :
Sinking Fund—dAnnually since 1904, 1% of
outstanding bonds for the purchase or redemp-
tion of these bonds at not over 105 and interest.
Organization—See 1st & Coll. 414s above.
Secured by oe of 99 % of the capital stock
of the Lachine Rapids Hydraulic & Land Co.
and 98% of the capital stock of the Standard
. Light & Power Go. and the $75,000 (entire issue)
first mortgage bonds of the Citizens’ Light &
Power Co. For details as to property earnings,
etc., see 4148 above.
Prior Liens—$279,000 Lachine Rapids Hy-
draulic & Land Co. 1st 6s of 1926.
Original Market—Offered in 1903, by N. W.
Harris & Co., New York, Boston and Chicago,
and the Bank of Montreal, at 100 and interest.
Market.
' New York—Harris, Forbes & Co., L. F. Hep-
burn, John D. Curtis & Co., Gude, Winmill & Co.
Philadelphia—Penington, Colket & Co.
Boston—N. ‘W. Harris & Co., Perry, Coffin &
Burr, F. B. Bassett & Co.
Chicago—Harris Trust & Savings Bank.
Toronto—Ames & Co., Dominion Securities
Corp.
‘Montreal—Nesbitt, Thomson & Co., Dominion
Bond Co., Ltd., McCuaig Bros. & Co., N. B.
Hallet & Co., Jenks, Gwynne &
. 623
MONTREAL STREET RAILWAY CO. Sterling
Deb. 44s. Due Aug. 1, 1922.—N.
Dated Aug. 10, 1898. Interest pavahie Feb. 1,
and Aug. 1, at Bank of Montrea!
Authorized and Outstanding—$681,3
. Denomination—Coupon, $500, or
equivalent.
Trustee—Montreal Trust Co., Montreal.
Control—The Montreal Tramways Co. ac-
quired the entire property of this company, Oct.,
1911, by exchange of securities. The latter
company is a subsidiary of the Montreal Tram-
ways & Power Co.
Secured by a first mortgage on 237 miles of
street and interurban railway track in and
around Montreal, Que. Franchises unlimited
as to time.
Underlies—$2,238,666 Deb. 44s due May 1,
1922, $1, aa 000 Deb. 4i4s due Nov. 1, 1922,
and $13.3 000 Montreal Tram. Co. 1st "& Ref.
5s of a The latter mortgage provides for
the retirement of bonds of this issue.
2 Harnenga See Montreal Tramways 1st & Ref.
s_below.
Listed on the London Stock Exchange.
Market.
Montreal—McCuaig Bros. & Co., N. B. Stark
Co.
Z New York—E. & C. Randolph, Jenks, Gwynne
0.
33.
sterling
MONEE STREET fea co. Deb.
44s. Due Nov. 1, 1922.
Dated ae 1, 1902. Interest payable May 1,
and Nov. 1, at Bank of Montreal.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $100, $500 and$1, 000.
Registerable as to principal.
Trustee—Royal Trust pees Montreal.
Control—See Deb. 414s above.
Secured equally with the $2,238,666 deben-
ture 414s, dated 1908, as a second mortgage on
237 miles of street and interurban railway in and
around Montreal, Que.
Prior Lien—$1, 500, "500 Deb. 4s dated 1893.
Underlies—$13, 335, 5,000 Montreal Tramways
Co. 1st & Ref. 5s of 1941, which mortgage pro-
vides for retirement of these bonds.
Earnings—See Montreal Tramways 1st & Ref.
5s below.
Market.
New York—Jenks, Gwynne & Co.
MONTREAL TRAMWAYS CO. Ist & Ref. 5s.
Due July 1, 1941.—N.
Dated July 1, 1911. Interest payable Jan.
and July 1, at Harris, Forbes & Co., New York,
Harris Trust & Sav. Bank, Chicago, National
Trust Co., Montreal or London.
Authorized—$75,000,000.
Outstanding—$13,335,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Harris Trust & Savings Bank,
SunEe and National Trust Co., Ltd., Mon-
treal.
Redeemable as a whole only at 105 and interest
on any interest date.
Organization and Control—Incorporated in
1911 under Special Charter granted by the
Province of Quebec, and acquired the street rail-
way properties in and around Montreal, and is
controlled through stock ownership by the
Montreal Tramways & Power Co.
The city is considering the question of a new
franchise for the company, to expire in 19380.
Secured by a mortgage on 287 miles of street
Tailway track in and around Montreal, Que.
Population served over 600,000. Franchises
are reported unlimited as to time and 12%
of the track is on private right-of-way. The
city has the right to purchase the property in
1922 or any five year period thereafter at an
appraised valuation pice 10%. Purchases power
from the Montreal Light, Heat & Power Co.
Prior eee! 420,000 Montreal St. Ry. Ca,
Deb. 4s all di 1922,
Net Earnings. 6/30/14 i rikiessis $2,936,690
City’s percentage............. I
Interest on bonds............. 787,769
Interest on Deb. stock........ 800,000
Listed on the _ ew York, London and Montreal
Stock Exchange:
Original ‘Market—$10, 000,000 offered i in 1911,
by Harris, Forbes & Co., New York, Harris Trust
. Savings Bank, Chicago, and N. W.. Harris
& Co., Inc., and Perry, Coffin & Burr, Boston,
at par. and interest. Also offered by same firms
at 9914 and interest in Dec., 1912, and in 1913,
at 99 and interest.
Market.
New. York—Harris, Forbes & Co.,, Bigelow &
Co., C. D. Barney Co., Curtis & Sanger,
Folsom & Adams, Beyer & Co., Seasongood &
Haas, P. W. Brooks & Co., Byrne & McDonnell,
Coffin & Co., E. & C. Randolph, Gude, Winmill
= Co., R. B. Hathaway & Co., Perry, Coffin &
urT. s i
Montreal—J. A. Mackay & Co., Ltd., N. B.
Stark & Co., Dominion Bond Co., Dominion Sec.
Corp., C. Haller & Co., MeCuaig Bros. & Co.,
N. W. Harris & Co
Baltimore—Riggs & McLane, W. W. Lanahan
& Co., Alex. Brown & Sons..
Toronto—G. A. Stinson & Co., Murray, Mather
, A. E. Ames & Co., Goldman & Co.
Philadelphia. B. Smith & Co., Montgom-
ery, Clothier & Tyler.
Boston—Perry, Coffin & Burr, N. W. Harris
& Co., W. L. Raymond & Co., Walter S. Place,
Hotchkin & Co.
Chicago—Harris Trust & Sav. Bank, Babcock,
Rushton & Co., Ames, Emerich & Co., Stanwood;
Taylor & Co.
St. Louis—Francis Bro. & Co.
Providence—Brown, Lisle & ‘Marshall.
MONTREAL TRAMWAYS & POWER CO.
face, 6% Coll. Tr. Notes. Due Apr. 1,
1917.—N.
Dated “April, 1, 1915. Interest payable Spell
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$7,000, ‘000.
Denomination—Coupon, $1,000. Registerable
as to principal. a
Trustee—Bankers’ Trust Co., New York.
Redeemable at 10044 and "interest, on 30
days’ notice on any interest date, in ‘amounts
of $100,000 or over.
Organization—Incorporated in London, Eng-
land, in 1910, and controls the Montreal Tram-
way Co., the Canadian Light & Power Co., the
Saraguay Electric & Power Co. and the Montreal
eee Co., Ltd., through stock owner-
ship.
Secured by deposit of $6,000,000 (par value)
of an outstanding issue of $16, 000,000 5%
debenture stock of the Montreal Tramways
Co., 10,400 shares Montreal Tramways Co.
common stock, 39,000 shares Canadian Light &
Power Co. common stock and 875 shares Sara-
guay Electric & Water Co. common stock. This
collateral carries the voting stock control of the
above companies.
Original Market—$5,000,000 offered in April,
1915, by Potter, Choate & Prentice, New York,
at 99 4 and interest.
Market.
New York—Potter, Choate & Prentice, Cogge-
shall & Hicks, Dominick & Dominick, Curtis &
Sanger, Penington, Colket & Co., Callaway,
Fish & Co., National City Bank, Bull & Eldredge,
Gilbert Elliott & Co.
Montreal—C. Hallet & Co.
MONTREAL WATER & POWER CO. Ist Prior
Lien 44s. Due June 30, 1932.
524
Interest payable June 30 and Dec. 31, at
Bank of Montreal, London and Montreal.
Authorized—£1, 000,000.
Outstanding— £4, 865,207 (£31,000 in Com-
pany’s Treasury).
Denomination—Registered, £100.
Redeemable at 110 and interest, and if not
va off prior to maturity, must be paid off at
Organization—Incorporated in Quebec in 1891.
Secured by a mortgage on a plant supplying
water to suburban portions of Montreal. Fran-
ehises generally run to 1941. City has been
authorized to take over plant and negotiations
are pending.
Prior Liens—$1,075,000 6s.
Net Earnings, 4/30/14... yeh haaeaes ... $459,350
MN COR est fice id: sos Mhertpe de saceisnanine eens 250,637
Market.
Montreal—Hanson Bros., Dominion Bond Co.,
MONTVILLE STREET RAILWAY CO. Ist 5s.
' Due May 1, 1920.—F. i
Dated May 1, 1900. Interest payable May
and Noy. 1, at American Trust Co.,: Boston.
Authorized—$350,00
Outstanding—$250, 000.
Denomination—Coupon, $1,000.
as to principal.
es pune Rreeettes of the State of Conneec-
jeu
Controlled—Absorbed by the New York, New
Haven & Hartford R. R. Co. and property pur-
chased from that company: in 1910 by the Con-
necticut Co., whose $40,000,000 oe formerly
owned by the NN. ¥., N. H. R.. ‘Co,
was transferred in 1914 toa board of es trustees,
and is to be sold, if poaale. le Prior to July 1, 1919.
, Assumed by the N & H.R. R. Co,
Secured by a first paren EEeS on 11 miles of
electric road from New London to Norwich,
onn
Legal for Conn.
Original Market—$2650, ee offered in 1900
at 106 14 and interest by E. H. - Gay & Co., Boston
and New York.
Market.
C. Warren & Co.
MORGAN’S LOUISIANA & TEXAS RAIL-
ROAD & STEAMSHIP CO. Ist 7s. Due
April 1, eee:
See Map
Dated Ron i6, 1878.
and Oct. 1
New York.
Authorized—$5,000,000.
Outstanding—$4,935,000. --
Retired and cancelled—$65, 000.
Denomination—Coupon, $1,000.
as to principal.
pee ae Loan & Trust Co., New
or
Organization and Control—Incorporated in
Louisiana in 1869 and controlled by the Southern
Pace. Co. through ownership of entire capital
stock. The company owns a total of 375 miles
of road from New Orleans to Cheneyville, La.,
and branches.
Secured by:a first mortgage on (9) 93' miles of
road. from Algiers (opposite New Orleans) to
Morgan City, La., and branch to Houma, and
on marine equipment and docks used in ferry
service between New Orleans and Algiers. The
road forms the eastern end of the Southern
Pacific Co.’s' main line from New Orleans to
the Pacific Coast. These bonds are outstanding
at theate of $53,000 per mile. —
Net macula 6/30 Dds a eee te $786,908
ENCCTOSE oe ecco 8 sg caieid wing Hiner os 609,882
Legal for Cal., Fla, Mich., Minn., N: ‘B.,. N.J.,
and Wis.
Listed on the New York Stock Exchange.
Registered
New Haven—H.
Interest payable April
, at Southern Pacific Company’s office,
Registerable
Market
New York—Bull & Eldredge, Coffin & Co.,
Hartshorne & Picabia, Struthers & Hiscoe,
Redmond & Co., F. H. Hatch & Co., Ambrose R.
Clark, Low, Dixon & Co., Peck, Rasmus &
Truesdale, Wood, Struthers & Co., McGeorge
& Vanderhoef.
Moras LOUISIANA & TEXAS RAIL-
ROAD & STEAMSHIP CO. slexenarte
Beta 1st 6s. Due July 1, 1920.—
See Map 117.
Dated Pauly 1, 1880. Interest payable Jan.
and July 1, at So. Pae. Company’s office, New
ork.
“Authorized—$1, 800,000.
Outstanding—$1, 494, 000.
Denomination—Coupon, $1,000.
as to principal.
Anuetee habeas 's Loan & Trust Co., New
ork.
Control and Earnings—See 1st 7s above.
Secured by a first mortgage on (10) 127 miles
of road from Morgan City to Cheneyville,
La., and terminals in Alexandria, La. The
company has trackage rights from Cheneyville
to Alexandria. These bonds are outstanding
at the rate of $11,800 per mile.
Listed on the New York Stock Exchange.
Market.
New York—Korn, Lehman & Co., Coffin & Co.,
A. R. Clark, Tobey & Kirk, Low, Dixon & Co.,
Wood, Struthers & Co., MeGeorge & Vanderhoef.
Boston—Walter S. Place.
Registerable
MORGANTOWN & Non RAILROAD
1st 5s. Due Jan. 1, 1935.—
Dated Jan. ‘1, 1905.. teen i payable Jat Jan.
and July 1, at Davies Trust Co., Elkins, W.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $500 and $1,000.
Eee oh earn, in West Virginia
in 7
Secured by a second mortgage on 48 miles of
road from Morgantown to Rowlesburg, W. Va.
subject to prior lien at the rate of about $3800
per mile. These bonds are outstanding at the
rate of $31,000 per mile.
Prior Lien—$40,500 1st 5s.
Net Earnings, 6/30/13...........
Interest, 6te. soc aescus a gvanes 4 ;
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Teyloe & Co.
New York—H. P. Taylor & Co.
$51,781
92,233
MORNINGSIDE ELECTRIC STREET RAIL-
AY CO. 1st 5s. Due Oct. 1, 1935.—F.
Tae exempt in Pennsylvania.
Dated Oct. 1,'1905... Interest payable April
and Oct. 1, at Brown Bros. & Go., New York,
and Philadelphia.
Authorized and Outstanding—$200,
Denomination—Coupon, $1,000.
as to principal.
Trustee—Pennsylvania Company for the
Insurances on Lives and Granting Annuities,
Philadelphia.
Guaranteed as to ‘principal and interest by
the Philade ane Co. by endorsement.»
Control—Inecorporated in Pennsylvania in
1904 and entire capital stock is owned by the
Philadelphia Co. Property is leased for 995
years from 1905 to the baie ge Traction
Co. Rental, interest, taxes and 5% on the
$24,000 capital stock.
Secured by a first mortgage on 314 miles of
track on Baker St. from Six Mile Island Bridge
to Jancey St., to Stanton Ave., to North Negley
Ave., and on Bishop’ St. to Chislett St.; to
Stanton Ave., in the 10th and 11th Wards of
Pittsburgh, Pa.
Listed on the Philadelphia Stock Exchange.
Rogisterable
625
Market.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
OEE wr Ist S. F. 444s. Due July 1,
Dated July 1,°1909. Interest payable Jan.
and July 1, at. Bankers’ Trust Co., New York,
and at Trustee’s office, Chicago.
Authorized—$25,000,000.
Outstanding—$11,500,000.
Retired by Sinking Fund—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and $10,000. C. & R. interchangeable.
Trustee—First Trust & Savings Bank and
Emile K. Boisot, Chicago, and Mercantile Trust
Co., St. Louis.
Redeemable at 103 and interest on any interest
date upon three months’ notice.
Sinking Fund—Began July 1, 1910, and re-
quires annual payments in cash or bonds of this
issue an amount equal to 1.6% of the amount
of bonds issued, provided, however, that the
aggregate amount shall never be less than $200,-
000. Cash in the sinking fund is to be applied
to the purchase or peter ruer of bonds at not
over 103 and interest, and bonds so acquired are
to be cancelled.
Organization—Incorporated in Maine in 1903.
Business was established in 1858. The com-
pany is one of the large packing establishments
of this country.
Secured by a first mortgage on real estate,
plants and fixed property of the company, lo-
cated at Chicago, Ill., East St. Louis, Ill., St.
Joseph, Mo., Kansas City, Kan., Oklahoma
City, Okla., and South Omaha, Neb., and com-
prising about 129 acres. Plants have a daily
killing capacity of 8,000 cattle, 9,000 sheep and
25,000 hogs. Under the provisions of this mort-
gage the company cannot encumber its dis-
tributing stations and its railroad cars and must
maintain net quick assets in an amount equal
to or in excess of the aggregate of bonds out-
standing, and keep the property insured for its
full face value:
Net Earnings, 6/30/14........ $3,710,067
Interest on bonds 532,500
Other interest and taxes...... 980,894
Listed on the New York and Chicago Stock
Exchanges.
Original Market—$12,500,000 offered in 1909
by Potter, Choate & Prentice, Spencer Trask &
Co., New York, and the First Trust & Savings
Bank, and Merchants’ Loan & Trust Co., Chi-
eago, at 95 and interest.
7 Market.
Chicago—Merchants’ Loan & Trust Co., First
Trust & Savings Bank, Babcock, Rushton & Co.,
John Burnham & Co., Yard, Otis & Taylor,
State Bank of Chicago, Stanwood, Taylor & Co.,
Curtis & Sanger, Hodenpyl, Hardy &’Co.
St. Louis—Mercantile Trust Co.
New York—Curtis & Sanger, Hornblower &
Weeks, Potter, Choate & Prentice, Bigelow &
Co., J. A. Clark & Co., L. M. Prince & Co.,
Seasongood & Haas, Spencer Trask & Co.,
Babcock, Rushton & Co., Hodenpyl, Hardy & Co.
Philadelphia—C. D. Barney & Co.
Kansas City—Orthwein, Machette Co.
MORRIS & ESSEX RAILROAD CO. 1st Ref.
34s. Due Dec. 1, 2000.—F.
See Map 46.
Dated December 1, 1900. Interest payable
June and Dec. 1, at D., L. & W. R. R. office,
New York.
Authorized—$35,000,000.
Outstanding—$24,718,000.
Denomination—Coupon, $1,000.
mini Registerable
as to principal or fully registerable.
Trustee—Farmers’ Loan & Trust Co., New
ork. .
Control—Incorporated in New Jersey in 1885,
and leased for its ote existence to the Dela-
ware, Lackawanna & Western R. R. Co. for in-
terest on its bonds and 7% on its stock.
Guaranteed principal and interest by the
Delaware, Lackawanna & Western R. R. Co.
by endorsement. 5
“Secured by a first mortgage on (2) 119 miles of
road from Hoboken to Phillipsburg, N. J., and
from West End Tunnel near Hoboken, via Pat-
erson, to Denville, N. J. This road, which is
practically all double tracked, forms a part of
the main line of the D., L. W. Ry. Co. be-
tween New York and Buffalo. These bonds are
outstanding at the rate of $207,700 per mile.
Gross Earnings, D., L. & W.
R. R. Co., 12/31/14......... $39,249,790
Net earnings..........-..006+ -13,831,908
Net income..........----+++% 18,951,115
Rental isis ia scsie's esse oiasiese wta-arese 5,874,935
Renewals and betterments..... 1,106,540
Dividends.............260005 8,444,080
Surplus cise cciscsesee sree ois $3,525,559
Legal for Conn., Minn., N. H., N. J., N. Y,
R. I. and Wis. % f
Listed on the New York Stock Exchange.
Original Market—$2,800,000 offered Sept.,
1918, by Kean, Taylor & Co., New York, at 84
and interest.
Market.
- New York—Freeman & Co., Herrick & Ben-
nett, Percy H. Bradshaw, Effingham Lawrence
& Co., Bigelow & Co., Robinson & .Co., Clark,
Dodge & Co., Berdell Bros., H. N. Whitney &
Sons, J. A. Clark & Co., Hartshorne & Battelle,
Seasongood & Haas, Wood, Struthers & Co.,
Alexander & Burnet, Colgate, Parker & Co.,
Peck, Rasmus & Truesdale, Kean, Taylor & Co.
Philadelphia—Bioren & Co., Elkins, Morris &
Co., Graham & Co.
MORRIS & SOMERSET ELECTRIC CO. Ist
5s. Due Oct. 1, 1940.—F.
Dated Oct. 1, 1910. Interest payable April
and Oct. 1, at N. W. Halsey & Co., New York.
Authorized—$1,000,000.
Outstanding—$341,000.
Retired by Sinking Fund—$9,000.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Secured by a first mortgage on an important
part of the plant supplying electricity to Morris-
town, N. J., and vicinity, serving a population of
17,500. That part of the plant not covered by
this mortgage is leased for 999 years from Public
Service Corp. of New Jersey.
Net Earnings, 12/31/14 $54,963
bathe miniiiin daamital ey a 122,896
Market.
Interest, etc
3 New York—N. W. Halsey & Co., S. L. Snow-
en.
Paterson—F. A. Peters.
Philadelphia—Halsey & Co.
MORRISTOWN & ERIE RAILROAD Ist 5s.
Due September 1, 1923. Eid
Dated September 1, 1903. Interest payable
March 1 and September 1, at office of Trustee.
Authorized—$300,000.
Outstanding—$285,000.
Retired—$15,000.
Denomination—Coupon, $1,000.
Trustee—Brooklyn Trust Co., Brooklyn, New
ork.
Sinking Fund applied to the purchase of bonds
at not exceeding 110 and incerest.
Secured by a first mortgage on 13 miles of
road rors MR owe Essex Falls, N. Jy
an ranch. ese bonds are out; i
the rate of $22,000 per mile. lati ia
626
Net Earnings, 6/30/14...,...... . $13,471*
Interest...... PEA oenGein toma A Alle 15,471
*Compares with $80,599 .in 1912-13.
Market.
New York—J. A. Clark & Co., S. L. Snowden,
H. D. Robbins, Wood, Struthers & Co., McGeorge
& Vanderhoef.
MOUNT VERNON (IND.) WATER WORKS
CO. Ist 5s. Due Sept. 2, 1931.—N.
Dated Sept. 2, 1901. Interest payable Mar.
and feet 1, at Farmers’ Loan & Trust Co., New
ork.
Authorized—$250,000.
Outstanding—$182,000.
Denomination—Coupon, $500 and $1,000.
we ee Loan :& Trust Co., New
ork.
Redeemable at any time at par and interest.
Indiana in 1886. Company is controlled through
stock ownership by the American Water Works &
Een ob first l 1.
ecured by a first mortgage on plant supplying
water to Mt. Vernon, Ind. Population served
(1910) 5,560. Daily pumping capacity, 4,-
000,000 gallons.
Net Earnings, 4/30/13............ $10,556
BM GORESE sie) 25. Scactuersieteeacics suetons; aceeripiag 9,100
Market.
Boston—Hotchkin & Co.
MOUNT WASHINGTON STREET RAILWAY
CoO. (PITTSBURGH, PA.) Ist & Coll. Tr.
5s. Due April 1, 1933.—F.
Tax exempt in Pennsylvania.
Dated April 1, 1908. Interest peyable April
1 and Oct. 1, at Company’s office, Pittsburgh, at
Teises office, or Brown Bros. & Co., New
ork.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
Organization and Control—Incorporaced in
Pennsylvania in 1901. All of the stock is owned
by the Philadelphia Co. and the road is leased
for 999 years to the Pittsburgh Rys. Co.
Guaranteed as to principal and interest by
endorsement by the Philadelphia Co.
Secured by a first mortgage on 12 miles of
single track street railway in Pitcsburgh, from
the north end of the Smithfield Street Bridge
(not secured on Bridge) through the Mt. Wash-
ington Tunnel and on Suburban Ave., Baltimore
St. and Annapolis Ave., through the 19th Ward
of Pittsburgh to Mt. Lebanon. Also on Grand-
view Ave., from Plymouth St. to Shiloh St. to
Southern Ave., to Soffel St., to Ravine St., to
junction with the line above, and on Bertha St
from Grandview Ave., to Sycamore St. to Shiloh
St. Further secured by a first lien on the entire
$500,000 stock of the Mt. Washington Tunnel
Co., owning a tunnel 3,500 feet long from the
south end of Smithfield St. Bridge to Ravine St.,
which furnishes a quick route between the
center of Pittsburgh and a large part of the
“south side.”
Listed on the Philadelphia Stock Exchange.
Original Market—Offered May, 1903, by
Brown Bros. & Co.,, New York, Boston and
Philadelphia, at 101 }4 and interest.
Market.
Philadelphia—Samuel K. Phillips, E. B.
Smith & Co., E. W. Clark & Co., Brown Bros. &
Co., Penington, Colket & Co., Geo. N. Fleming,
R. Glendinning & Co., Geo. S. Fox & Sons, Reed
& Huntoon, Oscar R. Dare. 7
New York—A. E. Fitkin & Co., Bigelow &
Co., H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.,
Child & Woods.
Buffalo—H. P. Taylor & Co.
Donner,
MT. WHITNEY POWER & ELECTRIC CO.
Ist S. F.6s. Due Oct. 1, 1939.—F.
Tax exempt in California.
Dated Occober 1, 1909. Interest, payable
April and Oct. 1, at Bankers’ Trust Co., New
York, and at Company’s office, San Francisco,
al.
Authorized—$5,000,000. ‘
Outstanding—$2,553,000. In March, 1915,
the California R. R. Commission authorized the
company to issue $238,000 of these bonds, to
be sold at not less than 95.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R.
interchangeable.
Trustee—Bankers’ Trust Co., New York. .
Redeemable as 2 whole only on any interest
date at 110 and interest to April 1, 1930, said
redemption price decreasing thereafter by 1%
annually to maturity. weak
Sinking Fund—Annually, beginning Oct. 1,
1914, 1% of outstanding bonds, for the purchase
of same at not more than 110 and interest.
Should over $10,000 accumulate, notwithstanding
efforts to purchase bonds, they are to be drawn
at_110 and interest. or
Improvement Fund—Beginning 1919 and
annually thereafter 1% of outstanding bonds is
to be deposited with trustee and expended for
permanent improvements but not for main-
tenance or preservacion.
Organization—Incorporated in_ California in
1909 as successor to the Mt. Whitney Power
Co., which had absorbed the Visalia Light &
Heat Co. and the Porterville Light & Power Co.
Secured by a first mortgage on 4 hydro-
electric pa of a combined capacity of 13,000
h. p. and ultimate capacity of about 25,000 h. p.;
steam plant in Visalia, 10,000 h. p.; undeveloped
water rights on the Kaweah and Tule Rivers;
160 miles of transmission lines, 12 substations,
and 640 miles of distribution lines. The company
supplies electricity for light, traction and irri-
gation purposes in Tulare and Kern counties,
California. Transmission lines are largely on
private right-of-way. Franchises in towns are
either perpetual or extend beyond the life of
bonds. Tulare County franchise expires in 1948
and Kern County in 1962. .
Net Earnings, 12/31/14......... $284,532
Interest wie cs cassie ses. cveievar sue ee, eters 127,574
Original Market—Offered in 1909 by the Elec-
tric Bond & Share Co., New York, Pingree, Mc-
Kinney & Co., Boston, and Miller & George,
Providence; $200,000 offered in 1913 by Wm.
R. Staats Co., Los Angeles and San Francisco,
and in Feb., 1914, by Perrin, Drake & Riley, Los
Angeles. Offered in February, 1915, by Blyth,
Witter & Co., San Francisco, at par and interest.
Market.
Boston—L. Sherman Adams, F. B. Bassett &
Co., Kimball, McKinney & Co.
Providence—Miller & George.
San _ Francisco—Wm. R. Staats & Co., Byrne
& McDonnell.
New York—Byrne & McDonnell.
Los Angeles—Perrin, Drake & Riley, W. R.
Staats & Co.
Chicago—W. R. Staats & Co.
MUNCIE & UNION CITY TRACTION CO. Ist
5s. Due July 1, 1936.—F.
Dated July 1, 1906. Interest payable Jan.
and July 1, at Trustee’s office. ;
Authorized and Outstanding—$925,000.
Denomination—Coupon, $1,000. Registerable
as to principal. fs
Trustee—Fidelity Trust Co., Philadelphia, Pa.
Redeemable at 105 and interest on 30 days’
notice.
Guaranteed as to principal and interest by the
Indiana Union Traction Co. by endorsement.
Control—Absorbed by the Indiana Union
527
Traction Co., which company was merged into
the (New) Union’ Traction Co. of Indiana in 1912.
Secured by a first mortgage on 38 miles of
interurban railway on Ditvate right of way from
Muncie to Union City, Ind.
Underlies—$1,620,000 Indiana Union Trac-
tion Co. 1st 5s of 1933.
Net Earnings, 12/31/14......... $952;579
‘Interest, rentals and discount. . 884,784
ATED IS HSS UO oo ied uresosiy 4. aeassatecied 802,784
Listed on the Indianapolis Stock Exchange.
Original Market—$925,000 ecored in Nov.,
1906, at 97 and interest by H. W. Noble & Co.,
Detroit, and Henry & West, Philadelphia.
Market...
Philadelphia—Henry & West, Geo. N. Flem-
Be K. Phillips, Borden & Knoblauch, Oscar
are.
‘New York—F. H. Hatch & Co.,: Dewing & Co.,
R. B. Hathaway & Co., Leonard Snider & Co.
‘Chicago—Hulburd, Warren & Chandler, E. T.
Konsberg & Co.
Boston—Hotehkin & Co., H. Cc, Spiller & Co.
MUNCIE (IND.) ELECTRIC LIGHT CO. Ist
S. F. 5s. Due July 1, 1932.—
‘Dated July1, 1907. interest’ payable Jan.
and July 1, at Trustee’s office.
Authorized—$1, 500,000.
Outstanding—$1, 364, 000.
Retired by Sinking Fund — $12,000
‘Denomination—Coupon,
Registerable as “o princi al.
“Trustee—Guaranty Trust’ Co. of New York.
a on at 110 and interest on any interest
ate.
Sinking © roe
annually from July
1912, to July 1, 1918;
1%% from 1918 te 1924 and 2% from 1924 ta"
1981, - inclusive.
Guaranteed as to principal and interest by the
American Gas & Electrie Co.
Control—Entire capital stock is owned by the
American Gas & Electric’’Co. a subsidiary of
the Electric Bond & Share ‘Co., which is in turn
controlled by the General Electric Co.
Secured by a first mortgage on plant supplying
electricity to Muncie and surrounding towns and
also on steam heating plant‘in Muncie. Popu-
lation served 30,000. ranchise expires in 1938.
Contract for street Henting expires in 1916.
Net Earnings, 1/31/14..4........ $196,890
Interest, al ae ere
Original Market—Offerdd in 1908, at 96
and interest, by Cramp, Mitchell & Shober,
Philadelphia, and Burgess," Lang & Co., Boston
and New York. -
Market.
New York—John W. Christiansen, G. W.
Walker & Co., J. A. Clark & Co., Chas. H. Jones
& Co., J. H. Howell & Co.
Baltimore——Stein Bros. :
Philadelphia—Reed A. Morgan & Co., H. F.
Bachman & Co., S. K. Phillips, Borden & Knob-
lauch, Townsend, Whelen & Co.,
Bissell, Wistar & Stokes, Oscar R. Dare, Rufus
- Waples & Co.
Boston—F. W. Mason & Co., Walter S. Place,
H. L. Nason & Co., Burgess, Tang & Co., Horn-
blower & Weeks.
Providence—Miller & George.
Chicago—Chicago Savings & Trust Co., Hul-
burd, Warren & Chandler. ;
(THE) MUNCIE, HARTFORD & FORT
WAYNE RAILWAY CO. Ist 5s. Due Jan.
1, 1935.—F. —
Dated Dec. 31, 1904. Interest Heer Jan. 1
and July 1, at Tnshee in office.
Authorized—$1,000,000.
Sueno ae ‘000.
Cancelled by Sinking Fund—$56,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘$500 © and $1,000.
of outstaneing: bonds.
Geo. P.:
Trustee—Guardian Savings & Trust Co.,
Cleveland, Ohio.
; Redeemable at par and interest on and after
an. 1
Sinking Fund—Annually 214% of gross_earn-
ings for the purchase or redemption of | bonds
on a 4% basis or better.
Guaranteed as to interest and siuicing fund
under terms of 999 year lease to the Union Trac-
tion Co. of Indiana.
Control—Leased the Union Traction Co. of
Indiana for 999 years from 1906. Rental, oper-
ating expenses interest on bonds, sinking fund i in-
stallments and 5% on $500,000 preferred. stock.
Secured by a first mortgage on 42 miles of
interurban railway from Muncie to Bluffton,
oe Franchises run for 35 and 50 years from
Net Earnings, (U.! T. Co. of Ind.) .. 3
OB / MG oc ice arsans Hit anongentetn Oates $952,579 |
Interest or rentals and discounts. 884,784
Listed on the Cleveland and Indianapolis Stock
Exchanges.
Original Market—Offered in 1904 by Weil,
Roth & Co., incinat: Ferg at par and interest.
Market.
get York—F. H. Hatch & Co., W. E. Bovis
& Co., Burgess, Lang & Co., Dewing & Co.,
Leonard Snider & Co...
Philadelphia—Ervin & Co.; . S. K. Phillips,
Oscar R. Dare.
Cleveland—F. J. Weideman & Co., Hayden,
Miller & Co.
Boston—L. Sherman Adams, E. H. Rollins &
Sons, Burgess, Lang'& Co., F. W. Mason & Co.
Portland—Chas. H. Gilman & Co.
‘Chicago—Stanwood Taylor & Co.
MUNICIPAL GAS & ELECTRIC CO. (OF
ROCHESTER) Ist 4\%s. Due April 1,
1942,
Dated April 1, 1902. Interest payable April
and Oct. 1, at Trustee’s office.
Aathorized—$1, 500,000.
Outstanding—$1, 400, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable at 10234 and interest on any
interest date on three weeks’ notice.
Control—Absorbed by the Rochester Railway
& Light Co., which company is controlled by
The Mohawk Valley Co. through stock owner-
ship and the latter company is controlled by the
New York Central & Hudson River R. R. Co.
The Rochester Ry. & Light Co. owns and oper-
ates plants supplying Rochester, 'N. Y. and vicin-
ity with gas and electric light and power. Fran-
chises are unlimited as to time.
‘Secured by a first mortgage on one hydro-
electric plant, one steam plant in Rochester,
. Y., and distribution systems’supplying a part
of that city.
Underlies—$9,401,000 Rochester Ry. & Lt.
Co. Cons. 5s of 1954, which mortgage provides
for the retirement of this issue.
Net Earnings, Lefat/as $1,331,987 °
Interest,'rentals, etc.
This issue.......... 197; 779
Listed on the Rochester Stock Exchange.
Original Market—Offered in 1902 by N. W.
Harris & Co., New York, Chicago and Boston,
and Perry, Coffin & Burr, Boston.
Market.
New York—Harris, Forbes & Co.
S Boston—N. W. Harris & Co., Perry, Coffin
urr.
Chicago—Harris Trust & Sav. Bank,
Rochester—Ford, Enos, Wolcott & Co.
MUNICIPAL SERVICE CO. Coll. Tr. S. F. 5s.
Due March 1, 1932.—.
State tax refunded in Pennsylvania.
Dated March 1, 1912. Interest payable
Registerable
528°
March and Sept. 1, at Trustee’s office or Mer-
chants’ National Bank, Boston.
Authorized—$5,000, 000.
Outstanding—$951, 500.
Denomination—Coupon, ' $500 and $1,000.
Registerable as to principal.
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia, Pa.
Redeemable as a whole at 103 and interest on
and after March 1, 1915, or in part for sinking
fund at same price on and after March 1, 1917.
Sinking Fund—Annually beginning Jan. 1,
1917, 1% of bonds outstanding for the purchase
or redemption of these bonds at not over 103
and interest.
Organization—Incorporated in Maine in 1912.
as a holding company.
Secured by deposit ‘with the trustee ‘of firsé
mortgage bonds and_ practically the entire
capital stock of the following companies: Alex-
andria County Lighting Co., which ‘supplies
electricity to practically the whole of Alexandria.
County, Va., including Alexandria ‘and other
suburbs of Washington, D. C..' Franchises have
from 25 to 27 years to run. Population served,
80,000. Chester Valley Electric Co., supplying
with electricity Coatesville,’ Downington and
Parkesburg, Pa. Franchises perpetual. Popu-
lation served, 20,000; Staunton Lighting Co.,:
supplying Staunton, Va., with electricity. Fran-
chise extending to 1938. Population 12,000.-
Sumter Lighting Co., supplying Sumter, s. c.,
with electricity. Franchise is perpetual. Popu-
lation served, 10,000.
this indenture bonds may be issued par for par
with bonds deposited.
Net Earnings, 12/31/13. eee eee $142,449
TWrterests. Vek: ee esetas a bavsas 54,187
Original Market—s400, 000 offered Dec., 1912,
at 95 and interest by Baker, Ayling & Co., Bos-:
ton, Philadelphia,
Philadelphia.’ |
Mar
Philadelphia—Henry = West, Baker, Ayling &
Co., S. K. Phillips.
Boston—Baker, Ayling & Co.
MUSKEGON, GRAND RAPIDS & INDIANA
RAILROAD CO. 1st 5s. Due July 1, 1926.
—F.
See Map 95. = «~
Dated June’ 9, 1886. Interest payable Jan.
and July 1, at Winslow, Lanier & Co., ack York.
Authorized and Outstanding—$750,000.'
Denomination—Coupon, $1,000. -Registerable
as to principal, or fully registerable. °° -
Trustee—Central Trust Co., New York.’
Control—Incorporated in Michigan in “1886
and is operated under agreement by the Grand
Rapids & Indiana Ry. Co., the net* earnings
being applied to the payment of interest on these
bonds. The entire capital scock is owned by
the Grand ‘Rapids & Indiana Ry. 'Co., ‘which
3 ba in ‘the interests of the Pennsylvania
i ‘0
‘Secured by a first mortgage on (5) 37 miles of
etc., and Henry & ‘West,
road from Grand Rapids to Muskegon, Mich.
These bonds are outstanding at the rate of
$20,000 per mile.
Net Earnings, "12/31/14 iteede aaa $54,803
Interest, Cb. vncisc ia naan sea a Fecune "62,581
Legal for Cal., Me., and Mo.
Mar
New York—Wolff & Bteney, F. H. Hatch &
Co., R. B. Hathaway & C
Chicago—Hulburd, Warren & Chandler, M.
S. Leonard & Co.
MUSKEGON TRACTION erry LIGHTING CO.
1st 5s. Due March 1
Dated March 1, 1901. thet payable March
and Sept. 1, at Trustee's office.
Authorized and Outstanding—$600, 000.
Denomination—Coupon, $1,000.
Under the provisions of
Trustee—Wyoming Valley Trust Co., Wilkes-
Barre, Pa.
5 Redeemable at 105 and interest onany interest
ate.
Organization and Control—Incorporated in
Michigan in 1901 as a consolidation of the street
railway,‘ gas ang. electric properties in Muske-
gon, Mich. 1906 the American Light & Trac-
tion Co. eaGuired the entire capital stock.
Secured by a first mortgage on 15 miles of
street railway track which serves as a terminal
for an interurban line from Grand Ra apes, Mich.,
and on plants supplying gas and electricity to
Muskegon, Mich., and. vicinity. Franchises.
expire as follows: Gas 1925;4 electric 1930, and
railway indeterminate. Population served (1910)
Earnings—6% dividends have been paid on
$63,000 preferred stock since 1902.
Market.
Chicago—Hulburd,
Wollenberger & Co.
-Albany—John J. Hart.
‘ New York—Lamarche & Coady, Hotchkin &
Co., John W. Christiansen, R. B. Hathaway &
Co., Kirkpatrick & Lewis.
MUSKOGEE ELECTRIC ‘TRACTION co. Ist
5s. Due May 1, 1934.
Dated ‘May 2 1912. Interest payable on
May: and Nov.-1, at one office.
Authorized—$5, 000,
Outstanding—$590, 000.
Retired by Sinking Fund—$10,0
Denomination—Coupon, $1,000.
as to principal. ~
Trustee —Equitable Trust Co., New York.
Redeemable at 105 and interest on any interest
date on three weeks’ notice. :
Improvement and Sinking Fund—Semi-an-
nually each Jan. 1 and July 1, from Jan. 1, 1914,
4%% of bonds outstanding. "This fund is'to be
applied to reimburse the company for perma-
nent improvements, eo ee etc., or for the
purchase or redemption of bonds at not over
105 and interest. Bonds so acquired are to be
held alive and interest added to this fund.
‘ Organization—Incorporated in Indian Terri-
tory in 1904, and in 1912 absorbed the People’s
Electric Ry. Co.
‘Secured ‘by a first mortgage on 31 miles of
electric railway track of which 16 miles com-
prises the street railway system of Muskogee,
Okla., and the remaining trackage includes an
interurban line extending to Fort Gibson, 10
miles, and other extensions. The company pur-
chases power. Franchise in Muskogee core
in 1934, at which time and at the end of each
15 year period thereafter the city may purchase
the property of the company within the city
limits: and outstanding bonds on the property
purchased must be purchased or assumed by the
city.’ Part: of the interurban line is on private
right-of-way and franchises covering the bal-
ance of the property with unimportant excep-
tions ‘extend for at least 25 years. Population
served, Muskogee about 30,000, and -be ance of
territory about 5,000.
Net Earnings, 12/31/14 A amy eg ci $54,933
Interest, taxes, etc.............. 84,736
Original Market—Offered in 1912 by Wm.
Morris, Imbrie & Co. and Farson, Son & Co.,
New York, at 93% and interest.
Market. -
New York—Wm. Morris Imbrie & Co., Far-
son, Son & Co., Eastman Dillon & Co.
MUSKOGEE GAS & ELECTRIC CO. Ist
Ref. 5s. Due Dec. 1, 1926.—
‘Dated January 30, 1907. Interest payable
June and Dee. 1, at Trustee’s office.
Authorized—$1, 500, enor
Outstanding—$1,035,000.
Redeemed by Sinking Fund—$104,000.
Warren & Chandler,
‘Registerable
529
- Denomination—Coupon, $1,000.
as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
- Redeemable at.105 and interest.
Sinking Fund—$20,000 annually from Sept. 1,
1910 to 1914; $22,000 from 1915 to 1919, and
$27,500 from 1920 to 1926, retiring 30% of the
bonds authorized prior to maturity. ,
Organization and Control—Incorporated in
Oklahoma in 1906 as a consolidation of the gas,
electric and ice properties in Muskogee, Okla.
Also acquired a majority of the capital steck of
the Sapulpa Electric Co. Controlled through
stock ownership by the Standard Gas & Elec-
tric Co. and $541,500. of $1,433,000 preferred
and $765,000 (entire issue) common stock, to-
gether with $196,000 bonds of this issue are de-
aoe under the latter companies Cony. 6s of
Registerable
Management—H. M. Byllesby & Co., Chicago.
Secured by a mortgage on plants supplying
natural gas and electricity ta Muskogee and elec-
tricity to Fort Gibson, Okla. Population served
over 30,000. Gas franchise expires in 1930;
aie in Muskogee in 1926 and in Fort Gibson
34. st i
Prior Liens—$30,000 Muskogee Gas 1st 6s
due $10,000 annually, and $310,000 Muskogee
lec. & Gas Co. 1st 5s of 1924. Provision is
made in this mortgage for the retirement of both
issues.
Net Earnings, 12/31/14.......... $216,850
UNCON ESE. isin otn0 Ss cpisieinine si eindlarere ce 65,459
Original Market—Offered, 1909, by Contin-
ental & Commercial Trust & Savings Bank and
H. ean & Co., Chicago, at 92344 and
interest. $
Market.
- New York—Wm. P. Bonbright & Co., F. H.
Hatch & Co., E. & C. Randolph, S. L. Snowden,
Didrichsen & Co., Berdell Bros., H. M. Byllesby
& Co., Eastman Dillon: & Co.,, Kirkpatrick, &
Lewis.
Cincinnati—Kleybolte & Co.
Chicago—H. M. Byllesby & Co., Yard, Otis
& Taylor, John Burnham & Co. a
Philadelphia—S. K. Phillips, Chandler & Co
Boston—Moors& Cabot. 4
ae rs FUEL GAS CO. ist 5s, Due Nov. 1,
Dated November 1, 1897. Interest payable
May and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$5,000,000.
- Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples.
Trustee—Central Trust Co., New York.
Assumed by the Peoples’ Gas Light & Coke Co,
Guaranteed principal and interest by the
Peoples’ Gas Light & Coke Co.
Control—Merged in 1897 into the Peoples’
Gas Light & Coke Co. (Chicago).
. Secured by a first mortgage on all the prop-
oy formerly belonging to the Mutual Fuel Gas
0. g
Underlies—$21,966,000 Ref. 5s of 1947 and
Gen. & Ref. 5s of 1968. Both mortgages pro-
vide for the retirement of this issue.
Net Earnings, 12/31/14....... 6,789,505
Interests casaca vicars enexas 2,390,600
This issue cs sys nis soe Fas. 1,298,300
Listed on the New York and Unlisted Dep’t.
Chicago Stock Exchanges.
Market.
Chicago—Northern Trust Co., Babcock, Rush-
ton & Co., First National Bank, Central Trust
Co., of Illinois, John Burnham & Co., Follansbee
& Co., First Trust & Savings Bank, Stanwood,
Taylor & Co., Curtis & Sanger, J. B. Sardy &
Co.
New York—Babcock, Rushton & Co., J. A.
Clark & Co., John D. Curtis & Co.
MUTUAL TERMINAL CO. OF BUFFALO Ist
8. F. 4s. Due July 1, 1924.—F.
Tax exempt in New York.
Dated July 1, 1904. Interest payable Jan.
and July 1, at U. S.. Mortgage & Trust Co.
Authorized—$5,000,000,
Outstanding—$2,934,000
Retired by Sinking Fund—$1,622,000.
Denomination—Coupon, $1,000. Registerable
as to principal. bi
Trustee—Guaranty Trust Co., New York.
Redeemable as whole on any interesi date at
- 102 4 and interest.
. Sinking Fund—Annually $200,000 for the
purchase or redemption of bonds at not over
10214 and interest. F os Bis
Guaranteed as to interest and sinking fund by
the proprietary companies mentioned below. _
Organization and Control—Owns the entire
eapital stock of the Island R.. R. Co. and the
Mutual Transit Co. The company is controlled,
through joint ownership of its $60,000 capital
stock, by the New York Central & Hudson River
R. R., Delaware, Lackawanna & Western R. R.,
Lehigh Valley R. R. and the Erie R. R. com-
panies., .
Secured bya direct first. mortgage on 5.22
acres of land in Buffalo, N. Y., with 1,486 feet
of frontage on the city ship canal, together with
wharves, freight house, and a sceel and brick.
grain eleva.or wich a capaci.y 3,000,000 bushels.
Further secured by deposit. of the stocks and
bonds of the Mutual Transic Co., owning 12
steel steamers on the great lakes and of the
Island R. R. Co. owning terminal trackage.
Net Earnings, 12/31/13......... $350,174
ANCOR OSG a nci.c de ravevs ane a) oye 70d Sues 155,364
Original Market—Offered in Sept., 1909, by
William Salomon & Co., New York, at 9514 and
interest. 5
, Market.
New York—Tobey & Kirk, J. H. Becker & Co.,
Hartshorne & Battelle.
Philadelphia—Townsend Whelen & Ca.,
Henry & West.
Buffalo—J. C. Dann & Co.
MUTUAL UNION TELEGRAPH CO. Ist Ext.
5s. Due May 1, 1941.—N..
Dated May 1, 1881. Extended from May 1,
1911, interest being reduced from 6%. Interest
ayable May and Nov. 1, at office of Western
nion Telegraph Co., New York.
Authorized—$5,000,000.
Outstanding in Hands of Public—$1,857,000.
Deposited as part collateral for Western Union
Telegraph Co. Collateral Trust 5s—$3,143,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. .
Guaranteed principal and interest by Western
Union Telegraph Co. by endorsement.
Organization and Control—lIncorporated in
New York in 1880 and name changed to New
York Mutual Telegraph Co. in 1886. The
Western Union Telegraph Co. owns $2,387,700
of the $2,500,000 capital stock in addition to the
bonds mentioned above. :
Secured by a first mortgage on important
main trunk lines extending from New York ina
northerly direction to Hartford, New Britain,
Springfield, Worcester, Providence, Boston,
Poughkeepsie, Albany, Saratoga, Rutland, Rome,
Schenectady, Amsterdam, Utica, Geneva and
intermediate points; and in a westerly direction
to Cleveland, Columbus, Sandusky, Toledo, In-
dianapolis, Detroit, Chicago, ilwaukee, St.
Paul, Minneapolis, St. Louis and Kansas City;
in a southerly direction to Newark, Philadelphia,
Wilmington, Baltimore and Washington.
Net Earnings (W. U. T. Co.),
12/31/14 $6,708,637
Tniterestis sia tiicaveiese s sfanenverd ied 1,337,242
Listed on the New York Stock Exchange.
530
Original Market—Offered in 1911, by Blodget
& Co., New York and Boston, at 104 and interest.
Market. a
New York—Blodget & Co., Tobey & Kirk,
Gilman & Clucas, Peck, Rasmus & Truesdale:
Boston—Walter S. Place, Blodget & Co.
MYSTIC FaLLeY WATER CO. 1st 5s. Due
ec. 1, —F.
Dated Dec. 1, -1908. Interest payable June
and Dec. 1, at American Trust Co., Boston, Mass.
531
Authorized and Outstanding—$130,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. f
Trustee—American Trust Co., Boston, Mass.
i Organization—Incorporated in Connecticut in
Secured by a first. mortgage on 20 miles of
mains and pumping station supplying Stoning-
ton and the eastern part of Groton, Conn., with
water. Franchise perpetual.
: Market.
Boston—Geo, A. Fernald & Co.
NASHUA STREET RAILWAY Ist 4s.
Oct. 1, 1931.
Dated Oct. 1, "4901. Interest payable April
enc Oct. 1, at Old Colony Trust Co., Boston,
ass.
Authorized and Outstanding—$150,000.
Denomination—Coupon, $1,000.
’ 'Trustee—Old Colony Trust Co., Boston, Mass.
Redeemable at 105 and interest.
Guaranteed as to interest by Bay State Street
Due
Ry.
Organization—Leased_ to Bay State St. Ry.
Co., until 1999 which is controlled by Massa- |
chusetts Electric Companies.
Secured by first mortgage on 14 miles of electric
street railway in Nashua, N. H. Population,
1910, 26,000.
Net Earnings Bay State Ry.
6/80/14... . ee eee $3,331,280
Interest, ane ‘wa sa fedeuisirend Goerisrte 2,006,984
Legal for N
Market.
Boston—Geo. A. Fernald & Co., Perry, Coffin
& Burr.
NASHVILLE, CHATTANOOGA & ST. LOUIS
RAILWAY COMPANY.
Incorporated in Tennessee in 1845, Georgia in
1847, Alabama in 1850 and Kentucky in 1856,
by special acts of the legislatures of those states.
Present title adopted in 1873.
The company is controlled through stock
ownership by the Louisville & Nashville R. R.
Co., which in turn, is controlled by the Atlantic
Coast Line R. R. Co.
The Nashviile, Chattanooga & St. Louis Ry.
Co. owns 840 miles of road from Chattanooga,
Tenn., via Nashville, Tenn., to Hickman, Ky.,
with branches to Gadsden, Ala., and numerous
points in Tennessee. It leaves 390 miles of road
from Atlanta, Ga., to Chattanooga, Tenn., and
yon Paducah, Ky., via Jackson to Memphis,
enn.
The company has outstanding $16,000,000
stock, of which $11,484,000 is owned by the
Louisville % Nashvilie R. R. Co. Dividends
were inaugurated in 1856, and have been paid
continuously since 1904. In 1913 7 % was mee
this being the first year in which more than 634%
had ever been paid. In January, 1915, semi-
annual dividend was reduced to 242%.
The road operated by the company is mort-
gaged at the rate of $17,000 per mile. In each
year since 1910 the net income has been equal to
at least twice the interest charges on the entire
funded debt.
Report, years ended June an
1913- 1912-13
$12,778, 1334 $13,317,162
Gross earnings. .
2'698,894 2'878,379
Net earnings
Net income 2,873,208 8,096,388
Rental.... 26,518 626,518
Interest... 497,060 919,638
Dividend: 1,118,930 698,932
Surplus...... $730,700 $851,255
NASHVILLE, CHATTANOOGA & ST. LOUIS,
RAILWAY CO. Lebanon Branch Ist 6s.
Due aa 1, 1917.—N.
See Ma 3
Dated etober 1, 1877. Interest payable Jan.
er a » at Hanover National Bank, New
ork.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustees—Vernon K. Stevenson and Walston
H. Brown.
Secured by a first mortgage on (2) 29 miles
of road from Nashville to Lebanon, Tenn. These
bonds are outstanding at the rate of $10,000
per mile.
Underlies—$7,608,000 N. C. & St. L. Cons.
nv
65s due 1928 which provide for the retirement of
this issue.
Legal for Balt., Cal., Conn., Fla., Mass., Mich.,
Minn., N. H., N. J., N. ¥., R. I. an ig.
Listed on New York Stock Exchange ‘as “N.,
C. & St. L., Tenn. & Pac. Branch.”
Market.
New York—Estabrook & Co., Parkinson &
Burr.
NASHVILLE, CHATTANOOGA & ST. LOUIS
; RAILWAY CO. Tracy City Branch Ist 6s.
Due, 320,000 each Jan. 1, to 1916 and $100,-
000 on Jan. 1, 1917.—:
See Map 67.
Dated Januaty 1, 1887. Interest payable Jan.
and July 1, at Hanover ancranel Bank, New York.
Authorized-—$600
Retired—$480,
cptendieg $120,000,
Bonds numbered 481-500 are payable in 1916
and 501-600 in 1917.
Denomination—Coupon, $1,000.
Registerable
as to principal, or fully registerable.
Registered,
Trustee—Central Trust Co., New York.
Secured by first mortgage on (3) 20 miles of
road from a point on the main line at Cowan to
Tracy City, Tenn. These bonds are outstanding
at the rate of $6,000 per mile.
Underlies—$7,608,000 N. C. & St. L. Ry. Cons.
5s due 1928, which provide for the retirement of
this issue.
Legal for Balt., Cal., Conn., Fla., Mee. Mich.,
Minn., N. H., N. J., Ne Wi; R. I.and Wis.
NASHVILLE, CHATTANOOGA & ST. LOUIS
RAILWAY CO. Fayette & McMinnville
Branches Ist 6s. Due Jan. 1, 1917.—N.
See Map 67.
Dated January 1, 1877. Interest payable
_ and July 1, at Hanover National Bank, New
ork.
Authorized and Outstanding—$750,000.
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Trustees—Adrian Iselin and Richard T. Wil-
son.
Secured by a first mortgage on (1) 126 miles of
railroad from Decherd to Fayetteville, Tenn.,
Tullahoma to Sparta, Tenn., and Elora to Hunts-
ville, Ala. These bonds are outstanding at the
rate of $6,000 per mile.
Underlies—$7,608,000 N. C. & St. L. Ry. Cons.
6s due 1928, which provide for the retirement of
this issue.
Legal for Balt., Cal., Conn., Fla., Mich., Minn.,
ig Nis Ney Re , Vt and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Wolff & Boey Redmond & Co.,
Newborg & Co., Sutro Bros. & Co., Peck, Rasmus
& Truesdale, Vickers & Phelps.
Philadelphia—Chas. Fearon & Co.
NASHVILLE, CHATTANOOGA & ST. LOUIS
RAILWAY CO. Centreville Branch 1st 6s.
Due Jan. 1, 1923.—N.
See Map 67.
Dated January 1, 1888. Interest payable
Jan. and July 1, at Hanover National Bank,
New York.
Authorized—$8,000 per mile of narrow gauge
on $15,000 per mile of standard gauge railroad.
Outstanding—$376, 000. (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Trustee—Central Trust Co., New York.
Secured by first mortgage on (4) 46 miles of
road from a junction with the main line at
Dickson to Aetna, Tenn.
Underlies—$7,608,000 N. C. & St. L. Ry.
532
Cons. 5s. due 1928, which provide for the retire-
ment of this issue.
Legal for Balt., Cal., Conn., Fla., Mich., Minn.,
. H., N. J., N. Y., - and Wis.
' Market.
Hartford—Roy P. Crary.
NASHVILLE, CHATTANOOGA & ST. LOUIS
RAILWAY CO. Jasper Branch Extension 1st
6s. Due Jan. 1, 1923.—N.
See Map 67. ;
Dated January 1, 1883. Interest payable Jan.
apd July 1, at Hanover National Bank, New
ork. i ‘
Authorized—$16,000 per mile.
Outstanding—$371,000. (Closed mortgage.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Centtral Trust Co., New York.
Secured by a first mortgage on (5) 19 miles
of road from Victoria to Dunlap, Tenn.
Underlies—$7,608,000 N. C. & St. L. Ry. Cons.
6s due 1928, which provide for the retirement of
this issue. :
Legal for Balt., Cal., Conn., Fla., Mass., Mich.,
Minn., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Estabrook & Co., Bigelow & Co.,
uae & Burr, Low, Dixon & Co., Redmond
Co.
AS CHATTANOOGA & ST. LOUIS
WAY CO. ist Cons. 5s. Due April
‘1, 1928.—N.
See aie 66. Sey
. Dated April 2, 1888. Interest payable April
mad Pat 1, at Hanover National Bank, New
ork. i
Authorized—$20,000,000.
Outstanding—$7,608,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee— United States Trust Co., New York.
Organization and Control—Organized in 1848
and assumed its present title in 1873. Controlled
through ownership of a majority of its capital
stock by the Louisville & Nashville Railroad Co.,
which is in turn controlled by the Atlantic ‘Coast
Line Railroad Co. ,
Secured by first mortgage on (7) 598 miles of
road from Chattanooga, Tenn., to Hickman, Ky.,
Wartrace to Shelbyville, Tenn., Bridgeport to
Victoria, Tenn., Dunlap to Pikeville, Tenn.,
Sparta to Clifty, Tenn., Nashville to W. Nash-
le, Lewis County Line to Allens Creek, Tenn.,
Fayetteville, Tenn., to Lax, Ala., and Columbia,
Tenn., Huntsville to Gadsden, Ala., Rome to
Kingston, Ga.,. and Tracy City to Coalmont,
Tenn., and a second mortgage oni(8) 241 miles of
branch lines, subject to prior liens at the average
rate of $9,800 per mile. ‘These bonds are out-
standing at the rate of $9,900 per mile.
Prior Lien—$2,397,000 bonds covering various
branch lines.
Legal for Balt., Cal., Conn., Mass., Mich.
Minn., N. H., N. J., N. Y., R. L, Vt. and Wis
‘Listed on the New York Stock Exchange.
Market.
New York—Coffin.& Co., Estabrook & Co.,
McGeorge & Vanderhoef, Struthers & Hiscoe,
Sutro Bros. & Co., Peck, Rasmus & Truesdale,
Didrichsen & Co., Beverley Bogert & Co., L..M.
Prince & Co., Seasongood & Haas, Low, Dixon &
Co., Redmond & Co.
Hartford—Roy P. Crary.
Nashville—First Savings Bank & Trust Co.
NASHVILLE, . FLORENCE & SHEFFIELD
RAILWAY CO. Ist 5s. Due Aug. 1, 1937.—
N.
See Map 65.
Dated Aug. 1, 1877. Interest payable Feb.
and Aug. 1, at Louisville & Nashville R. R.
Company’s office, 71 Broadway, New York.
Authorized—$2Z,500,000. : :
Outstanding—$1,996,000. ee
Denomination—Coupon, $1,000. ae
Trustee—Central Trust Co., New York. ..
Control—A majority of the stock of the N. F.
f > ey a is proueed under the Ee i Be ed
s of 1940; and its property was sold under fore-
closure in 1900 to the Louisville & Nashville R.
. Co.
Assumed by the Louisville & Nashville R. R.
Co. and guaranteed principal and interest by
endorsement. : tee eer
Secured by first mortgage on (13) 104 miles of
road from Columbia, Tenn., to Sheffield, Ala.,
with branches in Tenn. from Iron City to Pickney
and. Summerton to Napier. These bonds are
outstanding at the rate of $19,200 per mile.
Legal for Cal., Conn., Fla.,. Mass., Mich.,
Minn., N. H., R. I. and Vt. -
Listed on the New York Stock Exchange.
Market. :
New York—G. W. Walker & Co., Coffin & Co.
Korn, Lehman & Co., Blodget & Co., Redmon
& Co., Bull & Eldredge, Wm. C. Wilson, Simon
Borg & Co., Harris, Forbes & Co., Gilman &
Clucas, Low, Dixon & Co., Didrichsen & Co.,
Jas. B. Colgate & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
NASHVILLE GAS & HEATING CO. Ist 8. F.
5s. Due May 1, 1937.—F.
Pennsylvania State tax refunded.
_ Dated May 1, 1912. Interest payable May
and Nov. 1, at office of Trustee.
Authorized—$6,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
as to principal. é 7
‘Trustee—Girard Trust Co., Philadelphia.
Redeemable as a whole on or after May 1,
1922 or in part for the sinking fund on or after
ae 1, 1927, at 105 and interest on four weeks’
notice.
Sinking Fund—Beginning May 1, 1927,
$25,000 annually to be applied to the purchase
or redemption of these bonds at not exceeding
105 and interest. All bonds thus acquired to be
held alive in the fund. :
Guaranteed principal and interest by endorse-
ment by the United Gas Improvement Co.
Organization—Incorporated in 1911 in Ten-
nessee and acquired the property of the Nash-
ville Gas Co. ‘ A
Controlled through ownership of a majority of
its common stock by the United Gas Improve-
ment Co. 2
Secured by first mortgage on coal and water
gas plant, having an annual capacity of 900,000,-
000 cubic feet. Population served, 150,000.
Franchise expires 1952, but city has the right
to purchase the property at any time after 1942
at a valuation fixed by arbitration.
Original Market—Offered in May, 1912, by
Brown Bros. & Co., New York, Philadelphia and
Boston, and Drexel & Co., Philadelphia, at 98
and interest.
Market.
Philadelphia—Samuel K. Phillips, Chas. C.
Harrison, Jr., & Co., Robt. Glendinning & Co.,
Chas. D. Barney & Co., Reed A. Morgan & Co.,
Graham & Co., Mellor & Petry, Brown Bros. &
Co., O. B. Lansinger & Co., Elkins, Morris & Co.,
W. H. Newbold’s Son & Co., Oscar R. Dare,
M. M. Freeman & Co., Ervin & Co., Reed &
Huntoon, Parrish & Co.
New York—Brown Bros. & Co., Chandler Bros.
& Co., Kirkpatrick & Lewis.
Registerable
NASHVILLE RAILWAY & LIGHT CO. Ist
Cons. 5s. Due July 1, 1953.—F.
533
‘Dated July 1, 1908. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$6, 000,000.
Outstanding—$4, 054; Vee
Held in Treasury—$56,0 5
Denomination—Coupon, a 000.: Registerable
as to principal.
Trustee—Guaranty Trust: Co., New York.
Redeemable at 107}4 and interest on any
interest date on 60 days’ notice.
Sinking Fund—Annually $30,000, begirining
July 1, 1913, but only if company has a surplus
above charges and dividends on preferred stock.
ponds purchased are to be kept alive in sinking
‘un
Organization—Incorporated in Tennessee in
1903 asa reorganization of the Nashville Rail-
‘way Co., which had in 1900, consolidated the
street railway and lighting companies of Nashville.
Controlled through ownership of a large
majority of its capital stock by the Tennessee
Railway Light & Power Co.
Secured by mortgage upon 81 miles of ‘track,
comprising practically the entire street railway
system of Nashville and a first power plant and
distribution system supplying electricity for all
commercial lighting in that city. Population
110,000. Franchises perpetual.
Prior Liens—$1,830,000 bonds of absorbed
companies.
eee e: 310,000 Nashville Ry. & Light
Ref. & Ext. 5s, due 1958, which provide for the
retirement of this issue and all prior liens..
Net Earnings, anys fae ‘$887,984
Interest... _ 499,671
This issue "334, 171
Listed on the New Orleans and Louisville
Stock Exchanges.
Original Market—First offered by Isadore
Newman & Son, New Orleans, La.
Market.
New Orleans—Isadore Newman & Son, Claude
M. Smith'& Co.
Nashville—Thos. Platter & Co., Hy. Be Frazer.
._ Louisville—Henning, Chambers & J.
B. Hilliard & Sons, {azence Timmons @ Co.
New York—Wnm. P. Bonbright & Co., W. E.
poe & Co., John D: Curtis & ae Hotchkin &
Philadelphia—Oscar R. Dare
Portland, Me.—Chester H. Pease.
NASHVILLE RAILWAY & LIGHT CO. Ref. &
Ext. S. F. 5s. Due July 1, 1958.—F.
Dated July 1, 1908. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$15, 000,000.
Outstanding—$3, 310, 000.
Held in the Treasury—$444,0
Denomination—Coupon, 00. “and $1,000.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—Beginning Jan. 1, 1918 annually
4% of outstanding bonds including those in the
Sinking Fund for the purchase of these bonds ata
price to yield at least 414%, all bonds so acquired
to be kept alive in the Sinking Fund.
Organization and Control—See 1st Cons 5s, due
Secured by mortgage upon entire property
of company subject to the lst Cons. 5s and the
4 liens thereto.
Prior Liens—$5, 884,000 bonds of this and
absorbed companies.
Net Earnings, 12/31/14......... $887,984
TMECPOSE sree desis ora a vcaeovang eae dceyene 499,671
Listed on the posters Stock Exchange.
Original Market—$500. he offered in July,
1908, by Isadore Newman & Son, New Orleans
and Goulding Marr, Nashville, Tenn.
ware t.
Philadelphia—H. F. Bachman & Co., Elkins,
Morris & Co., Oscar R. Dare.
Portland, Me.—Chester H. Pease.
Louisville—Henning, Chambers & Co.
New York—W. E. Hutton & Co., J. S. Bache
& Co., Wm. P. Bonbright & Co., John D. Curtis
& Co., Hotchkin & ‘Co.
Nashville—Thos. Platter & Co., First Savings
Bank & Trust Co., Henry S. Frazer.
Baltimore—Sutton &
SAS VLE STREET RAILWAY Ist 5s.
Jan. 1, 1925.
Dated Jan. 1, 1895. Interest payable Jan.
and July 1, at Nashville Trust Co., Nashville,
Tenn., and. ” Mechanics & Metals National Bank,
New York.
Authorized—$2,000,000,
Outstanding—$907,000 ome mortgage).
Denomination—Coupon, $1,0
i Trustee—Nashville Trust Co; ’ Nashville,
‘enn.
Organization and Control—Merged in 1900
into the Nashville Ry. Co., which was reorganized
as the Nashville Ry. & Light Co. Latter com-
pany is controlled through ownership of practi-
cally its entire common‘stock by the Tennessee
Ry. Light & Power Co.
Secured by mortgage on a large part of the
street railway system of Nashville, Tenn.
Prior Liens—$823,000 bonds of absorbed
companies.
Underlies—$4,054,000 Nashville Ry. & Light
1st Cons. 5s, due 1953 and $3,310,000 Ref. & Ext.
5s, due 1958, which provide for the retirement
of this issue.
Due
Net Earnings, 12/31/M......... Maine
Interest.... + £99,671
This issue... 181,461
Mark
Baltimore—Poe & Davies, Alex. Brown & Sons,
Strother, Brogden & Co., J.S. Wilson, Jr., & Co.,
Colston, Boyce & Co.
NASSAU & SUFFOLK LIGHTING CO. 1st 6s.
Due Feb. 1,
Tax exempt in New York State and Penn-
sylvania State Tax refunded. |
Dated Hehete 1915. Interest payable Feb. 1
and Aug.
ean: 000, 000. .
Outstanding—$500, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only.
Trustee—Equitable Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
. Sinking Fund—1% per annum from Feb. 1
1918, to 1930; 144% from 1931 to 1939 and 294
thereafter.
Organization—Incorporated in New York in
1905. ‘
Secured by a first mortgage on plants supply-
ing gas to numerous communities in the western
end of Long Island, including Freeport, Hemp-
stead, Garden City, Mineola and other towns.
The population of the district served is estimated
at about 50,000. Majority of franchises are per-
petual, some of minor importance expiring in
1953, 1955 and 1961.
Net Earnings, 12/31/14........... 390, 042 |
Interest on bonds................
Original Market—Offered in Feb., 1915, by
Philadelphia, and W. E. R. Smith
Bioren & Co.,
& Co., New York, at 95 and interest.
NASSAU COUNTY WATER CO. Ist 5s.
June 1, 1923.
Dated June 1, 1903. Interest peyane June
and Dec. 1, at M. J. Drummond & Co., 182
Broadway, New York.
Authorized and Outstanding—$400, 000.
Denomination—Coupon, $1,000.
Trustee—Broadway Trust Co., New York.
Secured by a first mortgage on five plants
supplying water to Oyster Bay, Hicksville, Farm-
ingdale, Glen Cove and Port Washington, all in
Due
634
Nassau County, New York.
about 25,000.
Market. ;
New York—J. K. Rice, Jr., & Co., Whittemore,
Pell & Co.
Population served,
NASSAU ELECTRIC RAILROAD CO. Ist 5s.
Due April 1, 1944.—F,
Dated April 16, 1894. Interest
and Oct. 1, at Equitable Trust Co.,
., Authorized—$6, 000,000.
* Outstanding—$660, 000 (Closed mortgage).
oe. at
ew York.
Denomination—Coupon; $1,000. Registerable
as to priucipal.
Trustee—Hamilton Trust Co., Brooklyn,
F ‘Organization and Control—See 1st Cons. 4s
ue
Secured by a first. mortgage on all of the Prop-
erty owned by the company prior to its consoli-
dation with other companies.
_ Underlies—$11,505,000 Nassau Electric Rail-
road Ist Cons. 4s due 1951, which provide for
the retirement of this issue.
Net Earnings, 6/30/13.... $1,361,390
Charges.............. 878,595
This issue.... 418,395
6 Market.
New York-—L. F. Hepburn, Paterson & Co.,
H. G. Einstein & Co., Tobey & Kirk, Wm. A. C.
Ewen, L. A. Norton, R. B. Hathaway & Co.,
Gilman & Clueas, Jones'& Lanman.
NASSAU ELECTRIC RAILROAD CO. Ist Cons.
4s. Due Jan. 1, 1951.—F.
Dated June 30, 1898. Interest
and July 1, at Equitable Trust Co.,
Authorized—$15, 000,000.
Outstanding—$11,505,000.
Denomination—Coupon, $1,000. Registerable
= to so ee Registered, $5,000 and $10,000.
interchangeable.
eae ua ene Trust Co., New York.
Guaranteed principal and interest by endorse-
ment by the Brooklyn Heights Railroad Co.
Organization and Control—Incorporated in
1893 in New York and road opened for opera-
tion in 1895. Was leased in 1899 to the Brook-
lyn Heights R. R. Co. but lease was cancelled in
1904. Controlled through ownership of nearly
its entire Preferred and Common Stocks by the
Brooklyn Rapid Transit Co."
Secured by mortgage on 67 miles of first track
and 76 miles of second track and sidings, extend-
ing from various ferries and from the New York
side of the Brooklyn Bridge to Coney Island,
Sheepshead Bay, and Canarsie and including
9% miles of double track steam road from Atlan-
tie Ave. to Jamaica, leased to the Long Island
Railroad at a rental of $60,000 a year. Further
secured by pledge of $700, 000 B. R. T. 1st Ref.
4s due 2002.
Prior Liens—$3, 492,000 bonds of this and
absorbed companies.
' Refunding—Provision for the retirement of
this issue is made under the Brooklyn Rapid
Transit First Refunding Mortgage.
Net Earnings, 6/30/13. $1,881,007
Charges.........05,- 1/266,182
Listed on the New York Stock Exchange.
Original Market—Offered in 1907 by Guaranty
Trust Co. and Harvey Fisk & Sons, ‘New York,
at 9714 and interest.
Market.
New verkcaaiiene & Clark, John W.
Christiansen, McGeorge & Wendee eet A. M.
Kidder*& Co., Bigelow & Co., J. S. Bache & Co.,
L. M. Prince & Co., Gilman & Clucas, Simon
Borg & Co., L. A. Norton, J. K. Rice, Jr., & Co.,
‘F. H. Hatch & Co., Williamson & Squire, Wm.
A. C. Ewen, Low, Dixon & Co., L. F. woe
Leonard Snider & Co., H. G. Finstein & Co.,. c.D
Barney & Co., Paterson & Co.
ayable Jan.
ew York.
535
Philadelphia—Chas. Fearon & co. De
Barney & Co., R. Glendinning & Co.
NASSAU LIGHT & POWER CO. Ist 5s.’
Oct. 1, 1 1927. .
Tax exempt in New York State.
Dated Oct. 1, 1907. Interest payable April 1
and Oct. 1, at Trustée’s office.
Authorized—$1, 000,000.
Outstanding—$77 0,000.
‘Denomination—Coupon, $1,000.
as to principal.
Trustee—Metropolitan Trust Co., New York.
Organization—Incorporated in New York in
1900 and absorbed five elbeiic f light and power
companies.
Secured by first mortgage on steam turbine
Power house at Glenwood, L. I. and six sub-
stations supplying electric’ light and power to
Roslyn, Hempstead, Sea Cliff, Oyster Bay, Glen
Cove, Port ashington, Manhasset and a number
Co.,
Due
Registerable
of other points on Long Island. Population
served, 60,000. Franchise expires 1950.
Net Earnings, 12/31/13......... $197,167
Interest 5 cio. siciavsie a etsiz mpage ese 38,825
Legal for R. I.
Original Market—First offered in May, 1908,
by N. W. Halsey & Co., New York; $150,000
offered in Feb., 1912, at 102 and interest by
Hayden, Stone & Co., New York and Boston.
Market.
New York—N. W. Halsey & Co., S. H. P. Pell
0.
Boston—Geo. A. Fernald & Co., Hayden,
Stone & Co., Merrill, Oldham & Co.
Wilmington—Laird & Co.
NATIONAL BREWERIES, LTD. 1st S. F. 6s.
Due July 1, 1939.
Dated July 1, 1909. Interest payable Jan. 1
and July 1, at Bank of Montreal.
-Authorized—$2,500,000.
Outstanding—$2,000,000.
Denomination—Coupon,
Registerable as to pee le
Trustee—Royal Trust Co., Montreal.
Redeemable at 105 and interest on any interest
date on six months’ notice.
Sinking Fund—Annually, beginning July 1,
1915, 4% of outstanding bonds for the purchase
and redemption of these bonds at not to exceed
105 and interest.
Organization—Incorporated in Canada in 1909
and is a consolidation of a number of breweries,
six of which are located in Montreal, three’ in
Quebec and othersall in the Province of Quebec.
Secured by first mortgage upon the real estate
of the company located at Montreal, Quebec,
Lachine and St. Therese, nr
Original Market—$300,000 offered in April,
1912, at 1034 and interest by Hanson Bros.
Montreal.
Market.
Montreal—Canada_ Securities Corp., Ltd.,
Dominion Bond Co., Ltd., Hanson Bros. & Co.,
C. Meredith & Co., Ltd.
NATIONAL CAR WHEEL CO.
Sept. 1, 1923.—F.
' Dated Sept. 22,1903. Interest payable March
and Sept. 1, at Bankers’ Trust Co., New York.
Authorized—$1,750,000.
Outstanding—$725, ‘000.
Retired by Sinking i are aa 000.
Held in Treasury—$113,0
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 110 and interest.
Organization—Incorporated in 1903 in New
York as a consolidation of the Maher Wheel &
Foundry Co., Cayuta Wheel & Foundry Co.,
Keystone Car Wheel Co. and Rochester .Car
Wheel Works. Company has an annual output
of 85,000 tons.
$500 and $1,000.
Ist 6s. Due
Secured by a first mortgage on the plants of
the company oeatert at Pittsburgh and Sayre,
Pa., Rochester, N. Y., and Cleveland, Ohio.
Market. :
Cleveland—Borton & Borton.
New York—Chas. H. Jones & & Co.
NATIONAL ENAMELING & STAMPING CO.
Ref. 1st Real Estate 5s. Due June 1, 1929.
—F.
Dated June 1, 1909. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$3,500,000.
Outstanding—$2,766,000.
Retired by Sinking Fund—$734,000
Denomination—Coupon, $1,000. Registerable
as to principal. Registered $1,000 and $5,000.
. & R. interchangeable.
Trustees—Central Trust Co., New York, and
Charles H. Huttig.
Redeemable ton sinking fund at 105 and in-
terest any interest day on 80 days’ notice.
Sinking Fund—Company is _ required to
redeem bonds amounting to $108,000 in 1910 on
an increasing scale to $263,000 in 1929, when
entire issue will be cancelled. In event of com-
pany failing to purchase and redeem the required
amount in any year, trustee may draw same for
redemption at. 105 and interest.
Organization—Incorporated in 1899 in ‘New
Jersey and owns and controls properties in 2
number of cities for mining, smelting, casting,
forging, rolling, enameling, etc. of metals.
Secured by first mortgage upon the entire prop-
erty of the company, including its plants
located at Granite City, Ill., St. Louis, Mo.,
Chicago, Ill., Baltimore, Md., Berlin, L. I. and
and New Orleans, La., having an estimated
valuation of $8,000,000. Mortgage provides
that quick assets of company shall not at any
time be less than the amount of indebtedness of
all kinds, including outstanding bonds .and
accrued interest. ; a
Net Earnings, 12/31/14....... $1,624,890
Interestjand Sinking Fund... 368,094
Listed on the New York Stock Exchange.
Original Market—$3,500,000 offered in June
1909, by Lehman Bros. and Gol dman, Sachs &
Co., New York, at 9834 and interest.
Market.
New York—Bigelow & Co., Coffin & Co.,
Rauscher & Childress, H. I. Nicholas & Co.,
Jones & Lanman, H. Duncan Bulkley.
St. Louis—Bowman, Cost & Co.
Baltimore—Stein Bros.
NATIONAL FIRE PROOFING CO. Ist & Coll,
Tr. Serial 5s. Due $125,000 annually to
Sept. 1, 1932.—F.
Tax exempt in Pennsylvania.
Dated ene tember 2, 1912. Interest payable
March and Sept. be & Trustee’s office.
Authorized—$2,500
So 200, 000.
Retired—$250,0
Doncniaation couped, $1,000. Registerable
as to principal.
Trustee—The Union Trust Co. of Pittsburgh,
Pittsburgh, Pa.
Redeemable at 10214 and interest on any in-
terest date on four weeks’ notice,
Organization—The National Fire Proofing
Co. was incorporated in Pennsylvania in 1889 as
the Pittsburgh Terre Cotta Lumber Co., and
name changed to above in December, 1899.
Secured by first mortgage upon the entire
property of ine com Bean including 44 plants
ocated in Mass., Jersey, Penn., Ohio
Indiana and Ill., and 5,000 acres of coal and
clay land, the sere value of which is esti-
mated at $8,000,000. Further secured by
pledge of entire issues ee the capital stock of
eight companies owned by the National Fire
Proofing Co. The mortgage provides that during
the life of these bonds, quick assets of company
shall always be equal to $2,000,000 in excess of
all liabilities, except these bonds.
Net eee after interest,
EDA B/N oes i issctss sca cos eieplenes toe $511,563
Original “Market—$2, 500,000 offered in Oct.,
1912, by the Union Trust Co, of Pittsburgh, on
a 5.10% basis.
Market.
Pitishange — Mellon . National Bank, H. P.
Taylor & Co., Gordon & Co., Union Trust Co. sg
Moore, Leonard & Lewis, Ballard & MeConnell.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co., C. H. Hensel.
NATIONAL GAS, ELECTRIC LIGHT &
ate Co. Coll. Tr. 6s. Due Jan. 1,
—F.
Gi ‘Jan. 1, 1911. Interest payable Jan, 1
and July 1, at Bioren & Co., Philadelphia.
‘ Authorized—$2,000,000.
Outstanding—$1, 500, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Merchants’ Union. Trust Co., Phila-
delphia.
Redeemable at 102 and interest.
Organization—Incorporated in New Jersey in
1904 and is a holding company owning the entire
issues of stocks of a number of gas, electric light
and power companies operating in cities of
Missouri, Michigan, Ohio, New York, New
Jersey, Penn. and Illinois.
Secured by deposit with the areree of
entire stock . issues follows: $250,000. Port
Huron, Mich., Gas Go ; $60,000 Goshen, Ind.,
Gas Co.; : $300, 000 Jo lin, Mo., Gas Co.; $400, 000
Rome, N. Y., Gas & Electric Light & & Power Co.;
$200,000 Portsmouth, Ohio, Co.,, and
$1,970,700 out of $2, 600, 000 ‘qune, Il. Gas,
Electric Light & Heating Co.
Original Market—First offered in Dec., 1910,
at par and interest by Bioren & Co., Philadelphia.
et
Philadelphia—Bioren & Coa., ‘Geo. S. Fox &
Sons, O. B. Lansinger & Co., Oscar R. Dare.
NATIONAL LIGHT, HEAT & POWER CO.,
Series ‘‘A,”’ Coll. Tr. 5s. Due Nov. 1, 1926,
to 1935.—.
Dated Nov. 1, 1908. Interest payable May
and. Nov. 1, at as Trust Co., New York.
Authorized —$600 000.
Outstanding—$150, 000 (Closed mortgage).
‘Denomination—Coupon, $500 and $1,000
Registerable as to principal.
Trustee—Empire Trust Co., New York.
Redeemable on any interest date at 102 and
interest.
Organization—Incorporated in Maine in 1904
and controls the Central Indiana Lighting Co
Charleston Illuminating Co., City Gas & Elec-
tric Co., Jerseyville Illuminating Co., Lexington
Gas & Electric Co. -» Marshall Light, Heat &
Power Co., Pana Gas & Electric. Co., Taylorville
Gas & Electric Co. and the Twin State Gas &
Electric Co. The properties of.these companies
were formerly operated by the » H.
Co., but their operation is now in the hands of
the Middie West Utilities Co.
Secured by pledge of $600,000 bonds of former
subsidiary companies.
Net Earnings, 12/31/13......... - $176,716
Sect dhs god a SIR ea SS Sah 78,013
Market.
Interest.
New York—J. B. Colgate & Co., A. H. Bick-
more & Co., E. Bunge & Co.
Philadelphia—Francis Ralston Welsh. :
NATIONAL LIGHT, HEAT & POWER CO.,
Series ‘‘B,”’ Coll. Tr. 5s. Due July 1, 1919.
Dated July 1, 1909. Interest payable Jan.
and July 1, at Girard Trust Co., Philadelphia...
536
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at 102 and
interest.
Secured by deposit of $600,000 bonds of former
subsidiary companies. For further details, see
Series ‘““A’’ above.
Listed on the Philadelphia Stock Exchange.
Original Market—Offered by Francis Ralston
Welsh, Philadelphia, at par and interest with
80% bonus of common stock in July, 1909.
? Market.
Philadelphia—Francis Ralston Welsh.
NATIONAL LIGHT, HEAT & POWER CO.
Coll. Tr. 5s, Series ‘‘C.” Due Dec. 1, 1920.
—F.
Dated Nov. 22, 1910. Interest payable June
and Dec. 1, at Trustee's office.
Authorized—$500,000.
Outstanding—$445,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
A pEdeemeale at 102 and interest on any interest
ate.
Secured by deposit with the Trustee of $210,-
500 Twin State Gas & Electric Co. (Conn.) ist &
Ref. 444s of 1926; $230,500 Central Indiana
Lighting Co. (Ind.) ist & Ref. 5s of 1927 $47,500;
xington Gas & Electric Co. (Mo.) 1st 6s of
1935; $10,000 Charleston Illuminating Co. (Ill.)
Ref. & Imp. 4}4s of 1935; $10,000 City Gas &
Electric Co. of Paris, Ill., Ist 5s of 1935; $20,000
Marshall Light, Heat & Power Co. (N. Y.) Ist
5s of 1935; $2,500 Bennington Electric Co. (N.
Y.) Ref. & Imp. 44s of 1935; $4,000 Hoosick
Falls Illuminating Co. (N. Y.) Ref. & Imp. 30-
Registerable
year 5s. Additional collateral deposited shall
ae aoa than 120% of the additional bonds
certifie:
Listed on the Philadelphia Stock Exchange,
NATIONAL RAILROAD CO. OF MEXICO
Prior Lien 44%s. Due Oct. 1, 1926.—F.
Dated March 15, 1902. Interest payable Jan.
and July 1, at office of company, New York. Jan.,
1914, and subsequent coupons paid in three-year
6% notes secured by pledge of Mexican Govern-
Soph Bonds ac the rate of $52.94 bonds for $45
notes.
Authorized—$23,000,000.
Outstanding —$23,000,000.
Denomination—Coupon, $1,000 and $500.
Registerable_as to Be cipal.
Trastee—Uniou Trust Co., New York.
Redeemable at 105 and interest on any interest
date on six months’ notice.
. Organization and Control—lIncorporated in
Mexico in 1902 and acquired the properties of
the Mexican National R. R., the Hidalgo &
Northeastern R. R. and other companies. Was
merged in 1908 with the National Railways of
Mexico.
Assumed by the National Rys. of Mexico.
Secured by first mortgage on 1,436 miles of
road including the main line from Mexico City
to the Rio Grande Bridge at Laredo, Gonzalez to
Acambaro, Tacuba Junction to Uruapan, Mata-
moras to San Miguel, Rincon to San Luis de la
Paz and Mexico City to Beristain; a second mort-
gage, subject to prior liens at the rate of $17,000
er mile on 251 miles from Matamoras to Tla-
ualilo, Durango to Tepehuanes and Reata to
Monterey; a third mortgage, subject to prior
liens at the rate of $16,000 per mile on 615 miles
from Ciudad Porfirio Diaz to Durango. Also a
first lien, through pledge of the entire $960,000
Corpus Christi, San Diego and Rio Grande
Narrow Guage R. R. Ist 7s, entire $1,380,000,
Texas-Mexican Ry. 1st 6s and practically entire
$2,500,000 stock of latter road on 162 miles
537
from the Rio Grande Bridge at Laredo, Texas to
Corpus Christi, Texas. These bonds cover 2
total of 2,464 miles of road at the rate of $9,400
per mile. © ‘ .
Prior Liens—$5,850,000 Mexican International
R. R. Prior Lien 44s of 1947, and $4,206,500
Mexican International R. R. Ist Cons. 4s of 1977.
Underlies—$168,000,000 Nat. R. R. of Mexico
1st Cons. 4s of 1951, Nat. Rys. of Mexico Prior
Lien 414s of 1957, which provide for the retire-
ment of this issue, and Nat. Rys. of Mexico
Gen. Lien 4s of 1977.
Listed on the New York and London Stock
Exchanges.
Original Market—Offered in 1902, by Speyer
& Co., New York.
Market.
New York—L. M. Prince & Co., E. Bunge &
oe Sutro Bros. & Co., Slattery & Co., Speyer
0.
NATIONAL RAILROAD CO. OF MEXICO Ist
Cons. 4s. Due Oct. 1, 1951.—F.
‘Dated March 15, 1902. Interest payable
April and Oct. 1, at office of company, New
ork. April 1, 1914, and subsequent interest
paid in 6% notes due Jan. 1, 1917, and secured
by $1,776,178 6% ten-year bonds of Mexico
Government.
Authorized—$69,000,000.
Outstanding—$24,740,000 (Closed mortgage).
Pledged under Nat'l. Rys. of Mexico Prior
Lien 4 4s—$2,540,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to pineal.
Trustee—Central Trust Co., New York. |
Assumed by the National Railways of Mexico.
Organization—See Prior Lien 44s. |
Secured by first mortgage on 260 miles of road
from Monterey to San Miguel, San Luis de la
Paz to Pozos, San Juan Junction to San Juan de
la Vega and branches; and a general mortgage on
2,464 miles, subject to the Prior Lien 4s, out-
standing with prior liens at the average rate of
$13,400 per mile. These bonds are a lien on 2,714
miles at the rate of $10,200 per mile. Further
secured by pledge of $275,000 stock of the Fuente
Coal Co.; $250,000 stock of the Coahuila &
Durango Development Co. and $100,000 stock
of the Coahuila Consolidated Coal Co. :
Prior Liens—$5,850,000 Mexican {nternational
R. R. Prior Lien 4 14s of 1947; $4,206,500 Mexican
International R. R. 1st Cons. 4s of 1977 and
$28,000,000 National R. R. of Mexico Prior
Lien 4s of 1926.
Underlies—$143,000,000 National Rys. of
Mexico Prior Lien 44s of 1957, which | previa
for the retirement of this issue, and National
Rys. of Mexico General Lien 4s of 1977. °
Listed on the New York, Boston and London
Stock Exchanges.
Original Market—Offered in 1902 by Speyer &
Co., Kuhn, Loeb & Co., New York, and Speyer
Bros., London.
Market.
New York—Gude, Winmill & Co., Newborg &
Co., Slattery & Co., E. & C Randolph, Wolff &
Stanley, L. M. Prince & Co., Sutro Bros. & Co.
Speyer & Co.
NATIONAL RAILWAYS OF MEXICO 2-Year
ie Gold Notes. Due June 1,
Interest is being paid in 6% notes secured by
Mexican Governmenc bonds.
Dated June 2, 1913. Interest payable June
and Dec. 1, at Company’s office, 25 Broad St.,
New York. ee :
Authorized—$29,160,000.
Outstanding—$26,730,000.
Denomination—Coupon, $1,000 and $5,000.
Trustee—Central Trust Co., New York.
Redeemable at par and interest on any interest
date on 60 days’ notice.
Security—Entire issue will be secured ulti-.
mately by pledge of $24,800,000 National Rail-'
ways of Mexico Prior Lien 444% Bonds and
$17,000,000 General Mortgage Guaranteed 4%'
Bonds. The, outstanding bonds are securea by:
$23,537,500 Prior Lien 414s and_ $14,779,500
General 4s. The Indenture provides that. the
company may dispose of any bonds pledged
hereunder, but proceeds are to be deposited with.
the Trustee to be applied to the purchase or
redemption of these notes. .
Original Market—$26,730,000 offered in June
1918 by Kuhn, Loeb & Co., Speyer & Co, and
Ladenburg, Thalmann & Co. at 97 and interest.
NATIONAL RAILWAYS OF MEXICO Prior.
Lien S. F.4%s. Due July 1, 1957.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Company’s office, New York.
and City of Mexico, also London, Berlin, Ham-
burg, France, Belgium and. Switzerland. Jan.,
1914, and subsequent coupons. paid in three-year
6% notes secured by pledge of Mexican Govern-
ment Bonds at the rate of $52.94 of bonds for
$45 notes.
_Authorized—$225,000,000 and $6,000,000 ad-
ditional for acquisitjon of a prior lien.
Outstanding in Hands of Public—$84,819,315.
Held in Company’s Treasury—$2,753,987.
Deposited as collateral or for exchange—$50,-
989,695. :
Denomination—Coupon, $1,000, $500 and $100.
Registerable as to principal. _ Registered, $1,000.
and $5,000. Coupon and Registered Bonds of
$1,000 are interchangeable. _.
Foreign Exchange—$1,000 U. S. Gold Bonds
are also payable at the rate of $2,000 in Mexican
gold, at £205.15.2 at 4,200 marks, at 5,180
francs and at 2,480 guilders in the respective
countries.
Trustee—Central Trust Co., New York.
_ Redeemable at 105 and interest for the Sink-
ing Fund on any July 1st beginning 1917 on 90
days’ notice and in lots of $10,000,000 and over
on July 1, 1917 or any interest date thereafter.
Sinking Fund—Beginning 1917, 1% of bonds
authenticated together with additional pay-
ments in respect to all bonds authenticated after
Jan. 1, 1917, to be applied to the purchase or
redemption of these bonds at not exceeding 105
and interest, all bonds thus acquired to be held
alive in the fund. It is calculated that these
payments and interest accumulations will retire
the entire issue at or before maturity.
Organization and Control—Incorporated in,
Mexico in 1908 and acquired the properties of
the National Railroad Co. including the Hidalgo
& Northeastern R. R. and the Mexican Central
Ry. In 1909 the Mexican Pacifie Ry. Co. was
taken over and in 1910 the Mexican International
Railroad was absorbed. Company leases through
the Interoceanie Ry. Co., the Mexican Southern
Ry. and owns practically the entire stock of the
Pan American Railroad. The Mexican Govern-
went owns $10,000,000 of the First Preferred
$30,278,300 of the $120,349,266 Second Pre-
ferred and $74,778,067 of the $74,808,466 out-
standing Common Stock of the National Rail-
ways of Mexico.
Secured by mortgage upon the entire property
of the company, being a first lien on 102.5 miles
from Tuxpan to Manzanillo formerly owned by
the Mexican Pacifie Ry., the entire $5,000,000
bonds and $7,000,000 stock of which is pledged
hereunder, and a general lien either direct or
through deposit of collateral on 6,885 miles, sub-
ject to prior liens outstanding at an average rate
of $8,600 per mile. Securities pledged hereunder
are as follows: £1,251,880 Ordinary Stock,
£142,800 First Preferred Stock, £102,000 Second
Preferred Stock and £1,038,400 Second Deben-
ture 414% Stock of the Interoceanic Railway of
Mexico; $99,000 Mexican American Steamship
stock; $2,540,000 National Railroad of Mexico
First Cons. 4s,. due 1951; $3,000,000 Mexican
International R. R. 1st Cons 4s, due 1977; $45,-
000 ‘stock of Central Mexico R. R. Co.; $5,000,-
000 Mexican Central Ry. 1st Cons. Income Bonds
due 1939 and- $3,200 stock of the Tampico
Harbor Co. © .
Prior Liens—$1,374,000 Mexican Central Ry.
Priority Cons. 5s of 1939; $5,850,000 Mexican
International R. R. Prior Lien 44s of 1947;
$4,206,500 Mexican International R. R. 1st
Cons. 4s of 1977; $23,000,000 National R. R. of
Mexico Prior Lien 414s of 1926 and $24,740,000
National R.'R. of Mexico 1st Cons. 48 of 1951.
Underlies—$50,747,600 National Railways of
Mexico General Mtge. Guaranteed 4s, due 1977.
Listed on the New York Stock Exchange.
Original Market—$18,750,000 offered in June,
1908, by Speyer & Co., Kuhn, Loeb & Co.,
Hallgarten & Co.;-Ladenburg, Thalmann & Co.,
New. York, and Kidder, Peabody, & Co.,-Bostan,
at 94 and interest. : :
Market.
New York—L. M. Prince: & Co., Slattery &
Co., Samuel. Goldschmidt, Ernese SrAith.
NATIONAL RAILWAYS OF MEXICO Gen.
S. F. 4s. Due Oct. 1, 1977.—F.
Dated October 1, 1907. Interest payable
April and Oct. 1, at company’s office, New York
and City of Mexico, also London, Berlin, Ham-
burg, France, Belgium and Switzerland. For
payment in notes see 1st Consol. 4s of 1951 above.
$1,000 U. S. Gold Bonds are also payable at
the rate of $2,000 in Mexican gold, at £205.15.2,
at 4,200 marks, at 5,180 francs and at 2,480
guilders in the respective countries.
Authorized—$160,000,000 and $26,000,000 ad-
ditional to retire a like amount of the National
R. R. of Mexico Consolidated 4s.
Outstanding—$50 747,600.
-In treasury—$12,021,848.
Deposited as collateral or guarantee—$17,879,-
Denomination—Coupon, $1,000, $500, $100.
Registerable as to principal.
Trustee—New York Trust Co., New York.
Redeemable at par and interest in amounts of
$10,000,000 and over after April 1, 1927 and for
the Sinking Fund on and after Oct. 1, 1937.
Sinking Fund—Beginning 1937, annually 1%
of bonds authenticated prior to that year and
additional payments in respect to bonds authen-
ticated thereafter, which it is calculated will
retire the entire issue at or before maturity.
Guaranteed unconditionally as to principal,
interest and sinking fund payments by endorse-
ment by the United States of Mexico.
Secured by mortgage upon entire property
of company, aggregating 6,987 miles of road at
the rate of about $10,000 per mile, subject to the
Prior Lien 434s outstanding, including prior
Hens thereto at an average rate of $20,700 per
mile.
Prior Liens—$84,819,315 National Railways
of Mexico Prior Lien 4}4s due 1957 and $59,170,-
500 underlying bonds.
Listed on the New York, London, Paris and
Amsterdam Stock Exchanges.
Original Market—Offered in 1908 by Kuhn,
Loeb & Co., Speyer & Co., Ladenburg, Thalmann
& Co., and Hallgarten & Co., New York.
Market.
New York—Sutro Bros. & Co., J. H. Becker &
Co., Slattery & Co., L. M. Prince & Co.
NATIONAL STARCH CO. 20-Year Deb. 5s.
Due July 1, 1930.—F.
Dated July 1, 1910. Interest payable Jan. and
July 1, at Company’s office, New York.
Authorized—$5,281,000.
Outstanding—$5,168,000. 2
Denomination—Coupon, $1,000. Registerable
as to principal.
538
Trustee—Farmers’ Loan & Trust Co., New
ork.
Guaranteed principal and interest by endorse-
ment by the Corn Products Refining Co.
Organization and Control-—-Incorporated in
New Jersey in 1900 and acquired the property
and assets of the National Starch Mfg. Co. and a
number of other starch and glucose companies.
Company now owns plants for the manufacture
of starch and other corn products, glucose, sugar,
etc. at Oswego, and Buffalo, N. Y. and ‘Indian-
apolis, Ind., together with extensive real estate in
four other cities. Controlled through stock
ownership by the Corn Products Refining Co.
Security—A direct obligation of the company,
but not secured by mortgage. Company agrees
not to place any new mortgage upon its property
during the life of this issue, without equally
securing these bonds thereunder.
Listed on the New York Stock Exchange.
Market.
New York—McGeorge & Vanderhoef, Tobey
& Kirk, J. K. Rice, Jr., & Co., Berdell Bros.
Pouch & Co., Hartshorne & Battelle, Babcock,
Rushton & Co., Jones & Lanman.
(THE) NATIONAL TUBE CO. Ist 5s. Due
May 1, 1952.—F.
Dated May 1, 1912. Interest payable May
and Nov. 1, at Company’s office, New York.
Authorized—$15,000,000.
Outstanding—$10,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000,
$10,000 and $100,000. C. & R. interchangeable.
Trustee—The New York Trust Co., New York,
Redeemable at 105 and interest Nov. 1, 1916.
or on any interest date thereafter upon six weeks’
notice. .
_ Guaranteed principal and interest uncondi-
tionally by the United States Steel Corporation
by_ endorsement. :
Sinking Fund—Beginning May 1, 1916, 1%
annually of bonds issued to be applied to the
purchase or redemption of these bonds at not
exceeding 105 and interest all bonds thus acquired
to be held alive in the Sinking Fund.
Organization and Control—National Tube Co.,
formerly known as the Lorain Steel Co., was
incorporated in Ohio in 1898. The entire stock
is owned by the Federal Steel Co. whose entire
stock is owned by the United States Steel Cor-
poration.
Secured by first mortgage upon entire prop-
erty of National Tube Co., consisting of 1,169
acres of plant real estate, at Lorain, Ohio, on
which are located 5 blast furnaces, 2 Bessemer
steel converters, 6 open hearth furnaces, 2 Bloom-
ing mills, 1 Rail mill, 2 Plate mills, 3 Skelp mills,
11 welding pipe furnaces and extensive ore docks
and ore handling equipment, the actual cost of
which is in excess of the amount of these bonds.
Listed on the New York Stock Exchange.
Original Market—$10,000,000 offered in April,
1912, by J. P. Morgan & Co., First National Bank
and National City Bank, New York, at 1014
and interest.
Market.
New York—Freeman & Co., H. N. Whitney &
Sons, H. Duncan Bulkley, Knauth, Nachod &
Kuhne, Crawford, Patton & Cannon, Folsom &
Adams, J. S. Bache & Co., Coffin & Co., Pender-
gast, Hale & Co., Callaway, Fish & Co., Clark,
Dodge & Co., Curtis & Sanger, Guaranty Trust
Co., Low, Dixon Co., H. P. Taylor & Co.,
Gude, Winmill & Co., C. H. Hensel.
Chicago—White, Weld & Co.
Boston—Lee, Higginson & Co., Edgerly &
Crocker.
Pittsburgh—H. P.
Leonard & Lewis.
Buffalo—H. P. Taylor & Co.
Taylor & Co., Moore,
539
NAUGATUCK RAILROAD CO. Ist 4s. Due
May 1, 1954.—F.
See Map 85.
Dated May 2, 1904. paberee! Davart May and
Noy. 1, at company’s offices, New York, Boston.
and New Haven.
Authorized and Outstanding —$2,500,000.
Denomination—Coupon, $1,000. Registerable
“ to principal or fully registerable. Registered,
Trustee—Treasurer of the State of Connecticut
Assumed by the New York, New Haven &
Hartford R. R. Co.
Guaranteed—These bonds are guaranteed as
to principal and interest under terms of lease, by
the New York, New Haven & Hartford R. R.
Co.
Organization—Incorporated in Connecticut in
1845 and in 1906 was absorbed by the New York,
New Haven & Hartford R. R. Co. :
Secured by first mortgage on (4) ve miles of
road, consisting of main line from Naugatuck
Junction to Winsted, Conni, and branch from
Waterbury to Watertown, Conn. These bonds
are outstanding at the rate of $40,000 per mile.
Underlies—$234,000 Naugatuck Railroad Deb-
enture 3 4s due 1930.
Legal for Cal., Conn., Me., Mass. and R. I.
Listed on the New York Stock Exchange.
arket. :
New York—Coffin & Co., Remick, Hodges &
o.
New Haven—Chas. W. Scranton Co.
NEBRASKA TELEPHONE CO. 5%
Due April 15, 1916.—N. 7 .
Dated April 15, 1914. Interest payable April
15 and Oct. 15, at office of the American Tele-
phone & Telegraph Co., 15 Dey St., New York.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
Guaranteed principal and interest by the
American Tel. & Tel. Co. by endorsement. _
Organization and Control—Incorporated in
Nebraska and owns and operates the Bell tele-
phone system in Nebraska, the Black Hills dis-
trict of South Dakota and Pottawattomie County,
Iowa, except the lines south of the Platte River
and Webster Counties. This some operates
in Omaha, Fremont and many other important
cities. Practically the entire ee stock is
owned by the American Tel. & Tel. Co..
Security—A direct obligation of the company
but not secured by a mortgage. The property
of the company is unmortgaged.
Net Earnings, 12/31/13.......,.. $674,446
Original Market—Offered in April, 1914, by
Kuhn, Loeb & Co. and J. P. Morgan & Go., New
York, Baring Brothers & Co., London, and
Kidder, Peabody & Co., Boston, etc., at 9944
and interest.
Market.
New York—Seasongood & Haas.
Notes.
NEVADA-CALIFORNIA-OREGON RAILWAY
CO. ist 5s. Due May 1, 1919.—F.
Dated May 1, 1899. Interest payable May
and Nov. 1, at Moran Bros., 68 William St.,
New York.
Authorized—$1,500,000.
. Outstanding—$1,086,000.
Held in Treasury—$301,000.
Cancelled by Sinking Fund—$99,000.
Denomination—Coupon, $1,000. i :
Trustee—Union Trust Co., New York. aoe
Organization—Incorporated in 1888 in Nevada
and first section of road opened in 1890. Owns
all the stock of the Sierra & Mohawk Ry. operat-
ing 36.5 miles from Plumas Junction to Mohawk,
Cal., owned free of lien. ‘
Secured by first mortgage on 238 miles of
road from Reno, Nev., to Lakeview, Ore. 1
Net Earnings, 6/30/14 52,998*
Interest 68,591
_ *Compares with $104,589 in 1912-13. This
is the only year in the last ten years in which the
company has failed to earn its charges, and its
average annual surplus during that period has
been $43,800.
NEVADA-CALIFORNIA POWER CO. Ist S. F.
. 68. ‘Due April 1, 1927.—F.
Dated April’ 1,..1907. Interest payable April
and Oct. 1, at Guaranty Trust Co., Now York, or
Trustee’s office.
Authotized—$3,000,000.
’ Outstanding—$2,696,000.
_ Retired by Sinking Fund—$304,000.
’ Denomination—Coupon, $1,000. Registerable
as to prizcipal. |.
Trustee—International Trust Co., Denver.
ee oomable at 105 and interest on any interest
Sinking Fund—20% of net earnings to be
applied to purchase or redemption of these
bonds, and in addition a sum equal to amount
paid in dividends in excess of 6%.
Organization—Incorporated in Wyoming in
1907 and acquired the property of the Nevada
Power Mining & Milling Co., including the
Tonopah, Goldfield, Silver Peak and Man-
hattan lighting systems.
Secured by first mortgage upon entire property
of company, including three hydro-electric power
plants at Bishop Creek, Nev., 400 miles of trans-
mission lines, etc. supplying power to_various'
cities, mills and mines in Southeastern Nevada.
Net Earnings, 12/31/13.........
Interest..... Soe eras ae seitet ,
Original Market—$500,000 offered in 1908,
by Mason, Lewis & Co., Boston, and in 1909, by
Chandler Bros. & Co., Philadelphia and New
York, at par and interest.
S Market.
Chicago—Alfred L. Baker & Co., E. L. Lob-
dell & Co.; Hulburd, Warren & Chandler, Con-
tinental & Commercial Trust & Savings Bank.
_ Philadelphia—Chandler & ‘Co., O. B. Lan-
singer & Co.,; Chas. Fearon & Co., S. K. Phillips,
Sweet, Causey, Foster & Co., Oscar R. Dare,
Wistar '& Stokes. —
Boston—Hotchkin & Co., Burgess, Lang & Co.
F. B. Bassett & Co., Sollers, Phillips & Co.
Denver—Boettcher, Porter & Co., Jas. N.
Wright & Co., Gregg, Whitehead & Co., Edwin
M. Bosworth & Co., W. C. Packard.
New York—F. H: Hatch & Co., L. F. Hepburn.
Gude, Winmill & Co., E. F. Hutton & Co.
NEVADA POWER, LIGHT & WATER CO. Ist
6s. Due April 1, 1932.—N.
Interest payable April and Oct. 1.
Authorized—$300,000.
Outstanding—$221,000.
Held in Sinking Fund of this Mortgage—
$55,000.
Held in Sinking Fund Reno Pr., Lt. & Water
6s—$24,000.
Assumed by Reno Power, Light & Water Co.
Organization—Absorbed by Reno Power, Light
& Water Co., which is supplying electricity and
water to’ Reno and' Sparks, Nevada, serving
a@ population of 15,000. The entire capital stock
of the latter company is owned by the Sierra
Pacific Electric Co., managed by the Stone &
Webster Corp. ‘
Underlies—$442,000 Reno Power, Light &
Water Co. 1st Cons. 6s due 1944, which provide
for the retirement of this issue.
Net Earnings, 12/31/14, Sierra
Pac. Elec. Co. (Combined Cos.) . $338,292
Interest and sinking fund........ 90,
Market.
Boston—Stone & Webster.
NEW ALBANY WATER WORKS CO. Ist Cons.
-_ 5s. Due annually April 15 to 1924.
Dated April 15, 1904.
Interest payable April
and Oct. 15, at United States Trust Co., Louis-
ville, Ky., and Bankers’ Trust Co., New York.
Authorized—$750,000.
Outstanding—$413,000.
Retired—$185,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—United States Trust Co., Louisville,
Ky.
Redeemable in 1914 at 105 and interest.
Organization and Control—Incorporated in
Indiana in 1874 and acquired the property of the
Indiana Water Co. Controlled through owner-
ship of its entire stock by the Louisville &
Northern Ry. & Lighting Co., which has deposited
same under its first mortgage. “
Secured by mortgage upon plant supplying
water to New Albany, Ind., and vicinity. Popu-
lation served 25,000. ;
Prior Liens—$150,000 First 5s, due 1925, for
the retirement of which bonds of this issue have
been reserved.
Net Earnings, 12/31/12........ $42,050
‘Interest... ... sss ea see e ene enes 28,150
Original Market—Offered by Trowbridge &
Nivers Co., Chicago, at par and interest in April,
5.
: Market.
Chicago—C. F. Childs & Co.,
Warren & Chandler, Corkill & Co. .~
NEW AMSTERDAM GAS CO. ist Cons. 5s.
Due Jan. 1, 1948.—F.
Dated March 7, 1898. Interest payable Jan.
and July 1, at National City Bank, New York.
Authorized—$20,000,000.
Outstanding —$10,635,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, ete.
Trustee—Central Trust Co., New York.
Organization—Incorporated in 1897 in New
York as a consolidation of the New York & East
River Gas Co. and the Equitable Gas Light Co.
of New York. Company owns the entire
$7,000,000 stock of the New York Carbide &
Acetylene Co., entire $1,000,000 stock of the East
River Gas Co. of Long Island City, entire $3,500,
000 stock of the Central Union Gas Co. and
$740,000 of the $1,500,000 stock of the Northern
Union Gas Co. the balance being owned by the
Central Union Gas Co. .
‘Controlled through ownership of 99% of its
Preferred and Common Stocks by the Consoli-
dated Gas Co. of New York.
Secured by mortgage, subject to $8,500,000
prior liens, on entire property of company,
manufacturing plant at Ravenswood, Long Island
City with a daily capacity of 30,000,000 cubic
feet, nine gas holders in Manhattan and four in
Queens, supplying water gas to the Boroughs
of Manhattan and Queens in New York City.
Prior Liens—$3,500,000 Equitable Gas Light
Co. Cons. 5s of 1932; $3,500,000 New York &
East River Gas Co. 1st 5s of 1944; and $1,500,000
1st Cons. 5s of 1945, for the retirement of all of
which bonds of this issue have been reserved.
Net Earnings, 12/31/13....... . $1,206,663
UInterest) ci cesar Wad eile ke eae 1,070,025
Market.
New York—Paterson & Co., Percy H. Brad-
shaw, L. F. Hepburn, Williamson & Squire, Clark,
Dodge & Co., A. M. Kidder & Co., F. H. Hatch
Co., Wm. A. C. Ewen, L. A. Norton, Hend-
rickson & Co., Geo. H. Prentiss & Co., Bigelow
& Co., McGeorge & Vanderhoef, J. K. Rice, Jr.,
& Co., Foster & Adams, R. B. Hathaway & Co.,
Tobey & Kirk, Leonard Snider & Co., H. G.
Einstein & Co.
NEW BEDFORD, MIDDLEBORO & BROCK-
TON STREET RAILWAY CO. ist 4s. Due
Jan. 1, 1920.—N.
Dated Jan. 1, 1900. Interest payable Jan.
and July 1, at American Trust Co., Boston, Mass.
Hulburd,
540
Authorized and Outstanding—$325,000.
Denomination—Coupon, $1,000.
Trustee—American Trust €o., Boston, Mass.
Organization and Control—Merged into the
Old Colony Street Ry. consolidated into the
Bay State Street Ry. Entire common stock of
latter road is owned by the Massachusetts
Electric companies.
Secured by a firgt mortgage on 82 miles of
street railway.
Underlies—$6,192,000 Old Colony Street Ry.
First Ref. 4s, due 1954, which provide for the
retirement of this issue.
Net Earnings, 6/30/14 Bay State
St. Ry $3,331,280
Interest wie bugs eee axeeew +s... 2,006,984
Market.
Boston—Geo. A. Fernald & Co., L. Sherman
Adams, Burgess, Lang & Co., Perry,Coffin & Burr.
NEW BRUNSWICK LIGHT, HEAT & POWER
CO. 1st 4s. Due Dec. 15, 1939.—N.
Dated Dec. 15, 1899. Interest payable Jan.
1 and July 1, at Trustee’s office.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $500- and $1,000.
Registerable as to principal only.
Trustee—Fidelity Trust Co., Newark, N. J.
Organization—Incorporated in New Jersey
in 1899. Leased for 900 years to the South
Jersey Gas, Electric & Traction Co., and oper-
ated by the Public Service Gas Co., a subsidiary
of the Public Service Corporation of N. J.,
through its lease of the N. ., E. & T. Co.
Rental is equivalent to taxes, interest and divi-
dends of 5% per annum on capital stock, of
which $400,000 is now outstanding.
The New Brunswick Light, Heat & Power Co.
owns all of the stock of the Gas Light Co. of City
of New Brunswick.
Secured by a first mortgage on plant supply-
ing electricity and steam heat in New Bruns-
wick, N. J., and vicinity.
Market.
New York—B. H. & F. W. Pelzer.
Newark—J. S. Rippel.
Paterson—F. A. Peters.
NEW CASTLE & SHENANGO VALLEY RAIL-
ROAD CO. Ist 6s. Due July 1, 1917.—F.
See Map 51.
Dated July 3, 1887. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000.
Trustee—Farmers’ Loan & Trust Co.,N. Y.
Guaranteed as to interest, under terms of lease,
by the New York, Lake Erie & Western R. R.
oe guarantee was assumed by the Erie
. R. Co.
Organization—Merged in 1900 into the Sharon
aye which is leased until 1962 to the Erie
. R. Co.
Secured by first mortgage on (3) 17 miles of
road from West Middlesexjthrough the City of
New Castle to a junction with the Pittsburgh &
Lake Erie R. R. near Big Run, Pa. These bonds
are outstanding at the rate of $14,700 per mile.
Refunding—$250,000 Erie R. R. Cons. Gen.
Lien;:4s, due 1996, hav been reserved to retire
this issue. i ;
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
N. J., R. I. and Wis.
Market.
New York—Bigelow & Co., Wm. A. C. Ewen.
NEW CASTLE LIGHT, HEAT & POWER CO.
1st 5s. Due Jan. 1, 1929.
Dated Jan. 2, 1908. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$375,000.
Denomination—Coupon, $100, $500 and $1,000
Registerable as to principal.
641
Trustee—Provident Life & Trust Co., Phila-
delphia. ‘
, Redeemable at 10214 and interest on any in-
terest date. A ‘ s
Organization—Incorporated in 1902 in Indiana
as a consolidation of the New Castle Gas & Light
Co. and the Enterprise Gas Co.
_ Secured by a first mortgage on plants supply
ing electricity, gas and steam heat in New Castle,
aoe jp opalatiog, 1910, 9,446. Franchises per-
petual.
Net Earnings, 12/31/12...... $45,708
Interest a 18,625
Market.
New York—R. B. Hathaway & Co.
Boston—F, W. Mason & Co.
Philadelphia—Oscar R. Dare.
Chicago—McCoy & Co.
NEW CASTLE TRACTION CO. Ist 5s. Due
May 1, 1927.
Dated May 1, 1897. Interest payable May
and Nov. 1, at Union Trust Co., Pittsburgh.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., Pittsburgh.
Control—Absorbed by Mahoning & Shenango
Ry. & Lt. Co., which is controlled by Republic
Ry. & Lt. Co.
Secured by a first mortgage on entire street
railways systems in New Castle, Pa. Popula-
tion, 1910, 36,280. ,
Underiies—$4,884,000 Mahoning & Shenango
Ry. & Light 1st Cons. 5s, which provide for the
retirement of this issue and $2,600,000 Republic
Ry. & Light 5% notes, due 1916.
Net Earnings, 12/31/13, Republic
Ry. & Light................ $1,153,706
Interest cs avaveeeees ee ereE ON ay 536,264
This isaue i566 sc gssi 5 As weet as 180,764
Market.
Philadelphia—Sam. K. Phillips, Reed & Hun-
toon, Oscar R. Dare, Graham & Co.
Pittsburgh—H. P. Taylor & Co
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
NEW CHESTER WATER CO.
March 1, 1943.—F.
Tax free in Pennsylvania.
Dated March 1,1913. Interest payable March
and Sept. 1, at Fidelity Trust Co., Philaaetphia.
Authorized—$3,000,000.
Outstanding—$1,800,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 103 and interest on March 1,
1918, or any interest date thereafter.
Organization—Incorporated in Pennsylvania
in 1885 and purchased a number of water works.
Secured by first mortgage on entire properties
of company supplying a territory of 21 square
miles surrounding Chester, Pa. Population
served, 70,000. Franchises perpetual, and ex-
clusive in Chester until the company shall have
paid 8% dividends annually for five years. ,
Net Earnings, 12/31/12 $117,979 °
Interest os jose a sera s.0 1228's wma odo .
Original Market—$758,000 offered by Bioren
& Co. at par and interest March, 1913.
Market.
Philadelphia—Bioren & Co.
NEW DEPARTURE MANUFACTURING CO.
1st 6s. Due $75,000 annually March 1 to 1921.
—N.
Dated March 1, 1911. Interest p
March and Sept. 1, at Chemical Nationa!
New York.
Authorized—$750,000.
Outstanding—$450,000.
Batance Retired.
Denomination—Coupon, $1,000.
as to principal.
Ist 54. Due
ayable
Bank,
Registerable
Trustee—Connecticut Safe Deposit & Trust
Co.: Hartford, Conn.
Organization—Incorporated in 1899 in Con-
necticut, and manufactures bicycle accessories,
including coaster-brakes, bearings and bicycle,
fire, automobile, car, door and call bells, employ-
ing about 1,400 hands.
Secured by first mortgage, on two plants of
‘company at Bristol, Conn.
Net Earnings, 6/30/13. 24 sse+. $961,989*
Triterest:. 5.2364 sua os ke 78,249
*Compares with $28y,391 in 1911-12.
Original Market—Otered by Stedman &
Redfield and Francis R. Cooley, Hartford, Conn.,
April 1, 1911, to yield noe 54% to 54%.
M
New York—John W. Christiansen.
Hartford—Conning & Co., Stedman & Red-
field, Francis R. Cooley.
NEW ENGLAND BRICK YARDS CO. Ist 5s.
Due Jan. 1, 1925.—F.
Dated Jan. 1, 1905. Interest payable Jan.
and July 1, at Old caeey. Trust Co., Boston.
Authorized—$723, 0!
Gutatenane gai 00.
Trustee—Old Colony Trust Co.,
ass.
Organization—Incorporated in Maine in 1904
and property leased to New England Brick Co.,
the entire stock of which is owned by this com-
pany.
Secured by a first mortgage on 37 brick plants
in Massachusetts, Maine, New Hampshire and
New York, having an annual output of 150,000,-
000 bricks.
Boston—F. W. ieee “ ‘co. Hotchkin & Co.,
Walter §. Place, L. Sherman ‘Adams.
‘ F.
Tax exempt in New York.
Dated October 1, 1909. Interest payable May
and Nov. 1, at Company’s office, New York,
Boston, and Baring Bros. & Co., London.
Authorized —$75,000,000.
Outstanding—$71,327,815.
Retired by Sinking -Fund—$2,548,250.
Denomination—Coupon, $500, $1,000 and
£100 and £200. Registerable as to principal or
fully registerable. (Sterling bonds are fully
registerable only.) Registered $1,000, $5,000
and multiples. C. & R. interchangeable.
Trustees—The Farmers’ Loan & Trust Co.,
New York, and John H. Parsons.
Redeemable as a whole at 110 and interest on
any interest date on three months’ notice.
Sinking Fund—Annually, 1% of the bonds
issued, beginning Nov. 1, 1910, for the purchase
and cancellation of these bonds at not exceeding
par and interest. If not purchasable at this
figure, the amount not expended shall be held for
the credit of the sinking fund and be deducted
from the amount which the company is required
to pay to said fund the next year. .
Organization and Control—Incorporated in
New York in 1896 and is a consolidation of all
the Bell telephone companies operating in the
State of New York. Controlled by the American
Telephone & Telegraph Co. through owner-
ship of the entire capital stock.
Secured by mortgage upon entire property,
rights and franchises of company, which is the
only company operating in New York City and
the only one operating a comprehensive system
throughout the State. Property mortgaged
includes all exchanges, stations, telephones,
lines, ete., including real estate valued at_$20,-
578,871 and underground conduits in New York,
Jersey City, Newark, Syracuse, Rochester,
Albany, Buffalo and other cities. Further
secured by pledge of $59,844,900 Bell Tele-
phone Co. of Penn. Stock, $5,000,000 Chesa-:
eake & Ohio Tel. stock, $998,000 Electrical
ecurities & Construction stock, $999,300 Friend-
ship Telephone Co. stock, $563,700 Mountain
Home Telephone Co. stock, $4,473,000 1st 6s, due
1942 and $82,000 2nd 6s, due 1942 of the Empire
City Subway Co., Ltd., $1,125,000 1st 6s, due
1940 and $1,125,000 2nd 6s, due 1940 of the
Consolidated Tel. & Elec. Subway Co., $799,000
Mountain Home Telephone General 5s, due
1938, $1,400,000 Notes of the Electrical Securi-
ties & Construction Co. and $150,000 Notes of
the Wayne Telephone Co.
In 1915 the Public Service Commission of New
York, Second District, fixed $82,000,000 as the
value of the company’s physical property, for
rate making purposes. 7
Prior Liens—$1,552,000 Metropolitan Tel. &
Registerable
Tel. Ist 5s due 1918, $1,047,000 New York &
New Jersey Tel. General 5s, due 1920, $232,000
New York & Pennsylvania Tel. & Tel. 1st 5s
due 1926, and $512,000 Gen. 4s, $67,500 Cort-
landt Home Tel. 1st 5s, due 1921, $214,500
Srneneetady Home Tel. ist 6s, due 1926 and
$454,200 Utica Home Tel. 1st 5s, due 1923, all
of which the company has agreed to retire and
eancel at maturity.
Net Earnings, 12/31/14....... $16,175,741
Interest cine scion a acxeonnan e's 2 3,460,199
Listed on the New York and Boston Stock
Exchanges.
Original Market—Offered in Oct., 1909, at 95
and interest by Kidder, Peabody & Co., New
York and Baring Bros. & Co., London, and in
inte at oa aud iter #8 $20,000,000 offered
in May, » by the same firms and Hope Ne
Amsterdam, at 9834 and interest. i
New York—Remicie Hodis
ew York—Remick, Hodges & Co., N. W. Hal-
sey & Co., H. N. Whitney & Sons, Harris, Forbes
& Co., Kuhn, Fisher & Co., Curtis & Sanger,
Clark, Dodge & Co., Kidder, Peabody & Co.,
Brown Bros. & Co., Bull & Eldredge, Gilman &
Clucas, Struthers & Hiscoe, Freeman & Ca., Geo.
H. Burr & Co., Effingham Lawrence & Co.,
J. 8. Bache & Co., Redmond & Co., Beyer & Co.,
A. R. Clark, Foster & Adams, Low, Dixon & Co.
Ernest Smith, Tobey & Kirk, Seasongood &
Haas, Wm. Salomon & Co.
Boston—Old Colony Trust Co., N. W. Harris
& Co., Geo. L. Ware, E. M. Farnsworth & Co.,
meyden, mene eee Fan & Burr, Walter.
. Place, W. L. Raymon o., Adams & Co.,.
Be Day es _ Pe
icago—Harris Trust & Sav. Bank, A. B.
Leach & Co. ane
Baltimore—Alex. Brown & Sons,
% Fiiladelphia—ie B. Smith & Co., Brown Bros,
0.
Omaha—City Trust Co.
NEW YORK, WESTCHESTER & BOSTON
RAILWAY CO. 1st 4}4s, Series 1. Due
July 1, 1946.—F.
See Map 86. .
Tax exempt in New York State.
Dated July 1, 1911. Interest payable Jan. and
July 1, at Lincoln National Bank, New York or.
at London.
Authorized—$60,000,000.
Outstanding—$21,200,000.
Denomination—Coupon, $1,000 pr £200 and
£100. Registerable as to principal. Registered,
$1,000 and multiples. C. & R. interchangeable.
Sterling bonds of £200 are convertible into Dol-
lar bonds coupon form at the rate of $4.85 per £
Sterling. e
Trustee—Guaranty Trust Co., New York.
Redeemable at 110 and interest on any in-
terest date in amounts of not less than $5,000,000.
Guaranteed unconditionally as to principal
and interest by the New York, New Haven &
Hartford R. R. Co. by endorsement.
Organization and Control—Incorporated in
New York in 1910 as a consolidation of an older
company of the same name and the N. Y. & Port
Chester R. R. Co. Controlled through ownership
of practically its entire stock by the New York
New Haven & Hartford R. R. Co.
Secured by first mortgage upon the entire.
property of the company, which operates a high
speed electric railroad of (7) 74.57 miles, of which
50.57 miles are owned in fee, the company havin
perpetual rights to operate over the addition:
mileage. Road extends in four tracks from the
Harlem River. near Willis Ave., New York
through Bronx and Westchester Counties to Mt.
Vernon, from which a double track road extends
to White Plains and another double-track road ta
New Rochelle.
573
Earnings, 6/30/14 Deficit from ;
129,099*
operations
Interest, ete. 1,369,056
Deficit for year. 1 a 105
Legal for Fia., Mich., Minn. and N. H
Listed on the New York Stock Exchange.
Original Market—$17,200,000 offered in July,
1911, by Kissel, Kinnicutt '& Co., and Harris
Forbes & Co., New York, at 96% ’and interest.
$2,000,000 offered by the same firms, Oct., 1912.
Market.
- New York—H. N. Whitney & Sons, Harris,
Forbes & Co., Coffin & Co., Gude, Winmill & Co.,
McGeorge & Vanderhoef, Bigelow & Co., Curtis
& Sanger, Crawford, Patton & Cannon, L. M.
Ezines & Co., J. A. Clark & Co., Seasongood &
aas,
Philadelphia—Graham & Go.
Chicago—Harris Trust &
King, Farnum & Co.
Portland, Me.—Maynard S. Bird & Co.
. New Haven—W. T. Fields Co., Kimberly,
Root & Co.
* Pittsburgh—Moore, Leonard & Lewis.
Baltimore—Hambleton & Co.
Boston—N. a Harris & Co., Paine, Webber
Savings Bank,
‘Co., Curtis & Sanger, Edgerly & Crocker,
Omaha—City Trust Co. \
(THE) NEWARK CONSOLIDATED GAS CO.
Cons. 5s. Due Dec. 1, 1948.—N.
Tax exempt in aoe Jersey.
Dated Ronee 7. 1898. Interest payable
June and Dee. 1, at Trustee’s office.
Authorized——$10, 000,000.
Outstanding—$6,000,000._ .
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Newark, N. J.
Organization and Control— Incorporated in
New Jersey, in 1898, as a consolidation of the
Newark Gas Co., the Montclair Gas & Water Co.,
the Summit Gas Light Co., the Peoples’ Gas Light
Co. of Irvington, N. J., and the Clinton Gas Co.
and owns all the capital ‘stock of the Orange Gas
Light Co. and nearly all the stock of the East
Newark Gas Light Co. Is leased until 1997 to
the Public Service Gas Co. practically the entire
stock of which is owned by the Public Service
Corporation of New Jersey. 4
. Secured by first mortgage upon plants and
roperty supplying Orange, East Orange,
Montelair, Summit, Belleville, Clinton and
Irvington, N. J., and by second mortgage on two
plants supplying ‘Newark, N. J... Franchises
with one exception are perpetual.
Prior Liens—$3,999,700 Newark Gas Co. 1st
6s of 1944, for the retirement of which, bonds of
this issue have been reserved.
Net Harnings: P.S. Corp. N. J.,
12/31/14
Interest and Rentals
Registerable
$17,563,943
1B ote ave
i aries.
' Interest (P. S. Corp)..
Listed on the New “York and Philadelobia
Stock Exchanges.
Original Market—$4,600,000 offered in Dec.,
1898, by Redmond, Kerr & Co., (now Redmond
& Co.); New York and Fidelity Trust Co. of
Newark at 10214 and interest.
Market.
Newark—J. S. Rippel, Fidelity Trust, Co.
Philadelphia—Reed A. Morgan & Co., Samuel
KR Phillips, Borden & Knoblauch, E. B. Smith
& Co., Geo. S. Fox & Sons, Graham & Co., C. D.
Barney & Co., Oscar R. Dare.
- New York—J. S. Bache & Co., W. E. R. Smith
& Co., Redmond & Co., B. H. & F. W. Pelzer,
Newborg & Co., Bigelow & Co., L. A. Norton,
Williamson & Squire, Starbuck, Van Sant &
Legg, Jones & Lanman, rere Sturgis & Co.
a Jersey City—Outwater & Wells, Edwin R.
ase.
574
AEWAEK GAS CO. Ist 6s. Due April 1, 1944,
Tax exempt in the State of New Jersey.:- -
Dated 1895. ae payable quarterly, Jan.,
April, July and Oct. 1 » at Fidelity Trust Co.,
Newark, N. J.:
‘Authorized—-$4,000,000.
Outstanding—$3,999,700. -
Denomination—Coupon, $1,000, $500,
$100. Registerable as to principal.
Trustees—Marcus L. Ward, J. William Clark
and J. O. H. Pitney.
Organization and Contedl Seb Newark Con-
solidated Gas Co. Consol. 5s above.
Secured by first mortgage upon two gas plants
supplying Newark, N. J. Franchises perpetual.
Underlies—$6, 060, 000 Newark Consolidated
Gas Co. Cons. 5s, due 1948, which provide: for
the retirement of this issue.
Earnings—See Newark Consol. Gas Consol.
5s 1948 above.
Market.
New York—Jos. Walker & Sons, Effingham
Lawrence & Co., Blodget & Co., W. E. R. Smith
& Co., Starbuck, Van Sant & Legg, Kirkpatrick
& Lewis, McGeorge & Vanderhoef, B. H. &
F. W. Pelzer.
Newark—J. S. Rippel, Fidelity Trust Co
Philadelphia—Sam. K. Phillips, E. B. Smith
& Co., Borden & Knoblauch.
3 Jersey ‘City—Outwater & Wells, Edwin R
ase.
Paterson—F. A. Peters.
and
NEWARK PASSENGER RAILWAY Ist Cons,
5s. Due July 1, 1930.—F.
. Dated July 1, 1890. Interest payable Jan.
and July 1, at First National Bank, Jersey City,
Authorized and Outstanding—$6,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New Jersey Title Guarantee & Trust
Co., Jersey City, N. J.
Guaranteed principal and interest by endorse-
ment by the Consolidated Traction Co. of N. J.
Organization and Control—Incorporated in
New Jersey in 1890 as a consolidation of the
Essex Passenger Ry. and the Hudson & Bergen
St. Ry. and acquired the Elizabeth Passenger Ry.
and the Newark & Irvington St. Ry. Company
was ieased in 1893 to New Jersey Traction Co.,
which is in turn leased to the Consolidated
Traction Co. This latter company is leased to
the North Jersey Street Ry., which has been
merged into the Public Service Ry. Co. The last
named company is controlled through ownership
of its entire stock by the Public Service Cor-
poration of N. J. The entire stock of the Newark
Passenger Ry. is owned by the Consolidated
Traction Co. of N. J
Secured by first mortgage upon 83 miles of
track upon the principal streets of Newark, N. J.
and extending to Elizabeth, Orange, East Orange,
Harrison, Bloomfield and Irvington, N. J. Fran-
chises perpetual,
Earnings—See Newark Consol.
5s, 1948, above.
Original Market—$750,000 offered in Sept.,
1905, by J. S. Rippel, Newark, N. J.
Market.
New York—Coffin & Co., Freeman & Co,
Fred H. Hatch & Co., Harris, Forbes & Co.,
B. H. & F. W. Pelzer, Gilbert Eliott & Co., W.E.
R. Smith & Co., Bigelow & Co., Starbuck, Van
Sant & Legg, Kirkpatrick & Lewis.
Boston—N. arris & Co.
Newark—J. 8. Sippel Fidelity Trust Co.
Philadelphia—Sam. K. Phillips, Borden
Knoblauch, Oscar R. Dare, M. ta Freeman é
Co., Geo. 8. Fox & Sons, Mellor & Petry, C. D.
Barney & Co., Graham & Co.
- Chicago—Harris Trust. & Savings Bank.
Gas Consol.
Jersey City—Outwater' & Wells, Edwin R.
ase. :
Paterson—F. A. Peters.
NEWBURGH & NEW YORK RAILROAD CO.
1st Ext. 58. Due Jan. 1, 1929.—F.
See Map 50.
Dated August 1, 1868. Extended January 1,
1889. Interest reduced from 7%. Interest pay-
able Jan. and July 1, at J. P. Morgan & Co.,
New York.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Assumed by the Erie R. R. Co.
Organization—Incorporated in 1863 in New
York and in 1890 was merged into the New
York, Lake Erie & Western Ry., which has
been succeeded by the Erie Railroad Co.
Secured by first mortgage at the rate of
$19,800 per mile on (14) 12.64 miles of road from
Arden Junction to Vail’s Gate Junction, N. Y.
Underlies—$86,000,000 Erie R. R. Consol.
Prior Lien, General Lien and Convertible bonds
and notes. 2
Legal for Me.
Market. -
pias York—F., J. Lisman & Co., J. H. Becker
O.
NEWBURGH (N. Y.) LIGHT, HEAT & POWER
CO. ist 5s. Due Feb. 1, 1921.
Dated Feb. 1, 1901. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$750,000.
Outstanding—$700,000.
Cancelled—$50,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York. _
Organization and Control—Incorporated in
New York in 1900, and in 1911 was consolidated
into the Central Hudson Gas & Electric Co. |
Secured by first mortgage on plants supplying
all gas and electric lighting in Newburgh, N. Y.,
and furnishing electricity to six adjacent towns.
Franchises perpetual.
Underlies—$1,062,000 Central Hudson Gas &
Electric 1st & Ref. 5s due 1941, which provide
for the retirement of this issue.
Net Earnings, 12/31/14....... «+. $350,104
Interestinn sec x 4 o's sca ow o eee esta oe 111,243
Original Market—First offered in 1901 at
106 and interest by George A. Fernald & Co.,
Boston; $250,000 offered in June, 1909, at 100
and interest, by Baker, Watts & Co. and Sutton,
Strother & Co., Baltimore.
Market. 7 4
, New York—L. F. Hepburn, Kirkpatrick &
Lewis.
Baltimore—H. R. Taylor & Co., Strother,
Brogren & Co., Colston, Boyce & Co., Sutton
0.
Boston—G. A. Fernald & Co., James A.
Hutchinson & Co.
NEWPORT & CINCINNATI BRIDGE CO. Gen.
Als. Due July 1, 1945.—F.
Dated July 1, 1895. Interest payable Jan. and
July 1, at Louisville & Nashville office, 71
Broadway, New York.
Authorized—$1,500,000.
Outstanding—$1,400,000.
Denomination—Coupon, $1,000.
as to principal.
eee —harmere’ Loan & Trust Co., New
Fork.
Sinking Fund—Annually out of net earnings
an amount equal to one per cent.of the bonds
‘hen outstanding for the purchase of these bonds
at par; if no purchase can be made fund reverts to
the company. .
Guaranteed principal and interest by the Penn-
sylvania Company by endorsement.
Registerable
(Closed mortgage.)
Registerable
Assumed by the Louisville & Nashville -R. R
Organization and Control—Chartered in 1886
and rebuilt in 1897. Was formerly operated as
part of Pennsylvania Company but in 1904 the
property was conveyed to the Louisville & Nash-
ville R. R. Co. , ‘ 2
Secured by a_first mortgage on the bridge
across the Ohio River from Cincinnati, Ohio, to
Newport, Ky., 34 of mile long. '
Underlies—$24,745,000 Louisville & Nashville
Atl. Knoxville & Cincinnati Div. 4s, and $61,871,-
000 Unified 4s due 1940, which provide for the
retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—E. & C. Randolph, Spencer Trask
& Co., Blodget & Co., Wm. C. Wilson, MeGeorge
& Vanderhoef, Hartshorne & Battelle.
NEWPORT & DAYTON STREET RAILWAY
CO. 1st 6s. Due Aug. 1, 1917.—N.
Dated Aug. 1, 1887. Interest payable Feb.
and Aug. 1, at German National Bank, Coving-
ton, Ky., First National Bank, Cincinnati, O.,
and National Bank of Commerce, New York.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000.
Trustee—Walter Overton, Newport, Ky.
Guaranteed as to interest by Columbia Gas
Elec. Co. by lease of the Cincinnati, Newport
Covington Lt. & Trac. Co.
Control—Absorbed by Cin., Newp. & Cov.
Ry., all of whose stock is owned by C., N. & C.
Lt. & Trac. Co., which is leased to Columbia
Gas & Electric Co.
Underlies—-$2,750,000 Cin., Newport & Cov-
ington Ry. 1st Cons. 5s due 1922, which provide
for the retirement of this issue, and $600,000
Consol. 2nd 5s due 1926.
Listed on the Cincinnati Stock Exchange.
Market.
Cincinnati—W. E. Hutton & Co.
NEWPORT & FALL RIVER STREET RAIL-
WAY Ist 5s. Due Aug. 1, 1918.—F.
Dated Aug. 1, 1898. Interest payable Feb.
and Aug. 1, at office of Trustee.
Authorized and Outstanding—$240,000.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston.
Organization and Control—Organized in 1898
and has been consolidated with the Newport
Street Ry. and the Newport Illuminating Co.
Company has been leased to the Bay State St.
By. patil 2000 for interest on bonds and 6% on
stock.
Secured by first mortgage on 15 miles of
track in Newport and extending to Fall River,
Mass.
Underlies—$573,000 Newport & Fall River 50-
Year 414s due 1954, which provide for the retire-
ment of this issue
Net Earnings, 6/30/13,......... $190,242
Interest. vcic cs cecs caceass vieses 60,106
M:
New York—Gilbert Eliott & Co.
Boston—Geo. A. Fernald & Co., Perry, Coffin
& Burr.
Providence—Brown, Lisle & Marshall.
NEWPORT & FALL RIVER STREET RAIL-
WAY Consolidated 4 4s. Due July 1,1954.—
F.
- Dated July 1, 1904. Interest payable Jan.
andjJuly 1, at office of Trustee.
- Authorized—$1,000,000.
Outstanding—$573,000.
Denomination—Coupon, $1,000.
asto principal. _
Trustee—American Trust Co., Boston.
Organization and Control—See 1st 5s above.
Secured by mortgage upon 18 miles of track
Registerable
575
in Newport and extending to Fall River, Mass.,
and electric lighting plant in Newport.
Prior Liens—$240,000 Newport & Fall River
St. Ry. 1st 5s due 1918 and $63,500 Newport.
Illuminating Co. 2nd 6s due 1925 to retire which
bonds of this issue have been reserved.
Market.
Boston—L. Sherman Adams.
NEWPORT & RICHFORD RAILROAD CO.
Ist 5s. Due Jan. 1, 1941.—N.
See Map 13.
Dated January 1, 1911. Interest payable
January and July 1, at Trustee’s otiee.
Authorized and Outstanding—$350,
Denomination—Coupon, $1,000.
as to principal.
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Organization and Control—Incorporated in
Vermont in 1880 as a reorganization of the Missis-
quoi & Clyde R. R. Property is leased to the
Montreal & Atlantic Ry. a subsidiary of the
Canadian Pacific Ry. Entire capital stock of
the company is owned by the Connecticut &
Passumpsic Rivers R. R. which is leased to the
Boston & Maine.
Guaranteed principal and interest. by the
Connecticut & Passumpsic Rivers R. R., leased
to the Boston & Maine under terms of which
lease this issue is guaranteed as to interest. -
Secured by first mortgage at the rate of
$15,900 per mile on (10) 22 miles of road from
Newport, Vt., to the Canadian boundary line
near North Troy and from East Richford to
Richford.
Legal for Fla., Me., Mich., Minn. & N. H.
Original Market—Offered i in October, 1911, by
Lee, Higginson & Co., Boston, New York, etc.,
at 111% and interest.
NEWPORT NEWS & OLD POINT RAILWAY
& ELEC TEAC CO. Ist 5s. Due Nov. 1,
1938.—F.
Dated Nov. 1, 1898. Interest payable May
and Nov. 1, at Alexander Brown & Sons, Balti-
more.
Authorized and Outstanding—$900;
Denomination—Coupon, $1,000. Te ieee
as to principal.
Trustee—Maryland Trust Co.,
Honisterable
Baltimore,
Redeemable at 110 and interest on 60 days’
notice.
Organization and Control—Incorporated’ in
Virginia in 1898 and acquired a number of electric
railway, light and power companies. Consoli-
dated. in 1914 with other companies into the
Newport News & Hampton Ry., Gas & El. Co.
Secured by first mortgage on a1 miles of track
in Newport News and Old Point Comfort, Va.
Underlies—$1,456,000 General 5s due 1941,
and $2,479,000 ve & Ref. bonds of the N. N. &
H. Ry. Gas & E.
Net Earnings, 6780/ 12
$90,585
Interest..............65 119,017
This iss wee.) os cceis yore eseiesys sears 46,137
Original Market—$800,000 in Nov., 1898, at
100 and interest by Alexander Brown & Sons,
Baltimore. ‘
Market.
Baltimore—Alex. Brown & Sons, Howard R.
Taylor & Co., Baker, Watts & Co., Townsend
Scott & Son.
NEWPORT NEWS & OLD POINT RAILWAY
eee CO. Gen. 5s. Due Mar. 1,
1941.
Dated March 1, 1901. Interest payable
March and Sept. 1, at Alexander Brown & Sons,
Baltimore, and Brown Bros. &- ‘Co., New York.
Authorized—$4,000,000.
Outstanding—$1, 456, 000.
Cancelled—$844,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Maryland Trust Co., Baltimore.
Organization and Control—See 1st 5s.
.. Secured by mortgage on 21 miles of track and
electric light plant, and by first lien on $193, 000-
stock and $76,000 bonds of the Citizens’ Ry.
Light & Power Co. and $235,000 bonds of
Danville Traction and Power Co.
Prior Liens—$900,000 Newport News & Old
Point Ry. 1st 5s due 1938 and $800,000 Citizens.
Ry. Light & Power ist 5s due 1940, for the retire-
ment of which bonds of this issue have been
retired.
Uaderitee 479,000 1st & Ref. 5s of N.N.
& H. Ry., G. & E. ‘Co.
Listed on the Baltimore Stock Exchange.
Original Market—$1,500,000 offered in March,
1901, at par and interest by Alex. Brown & Sons,
Baltimore, and Brown Bros. & Co., New York
and Philadelphia.
Market.
Baltimore—Alex. Brown & Sons, Strother,
Brogden & Co.
Philadelphia—Brown Bros. & Co., Geo. P.
Bissell.
NEWTOWN RAILWAY ist 5s.
1924.—-N.
Dated Dec. 1, 1894. Interest payable June
and Dec. 1, at New York Trust Co., New York.
Authorized and Pr eomre rat a 000.
Denomination—Coupon; $1,00
Trustee—New York Trust Co., New York.
Control—Absorbed by New York & Queens
County Ry., which is controlled by Interborough
Rapid Transit Co. through ownership of prac-
tically its entire capital stock.
Secured by first mortgage on 5}4 miles of
street railway in Long Island City.
Underlies—$1,300,000 N. Y. & Queens County
1st Cons. 4s due 1946 and the 1st & Ref. 5s, (of
which $2,086,287 are deposited as collateral for
loans from the Interborough Rapid Transit Co.)
which provide for the retirement of this issue.
Net Earnings, N. Y. & Queens Co.
6/30/14
Interest and taxes -
Deficit for year...............-,
The company has current - liabilities of
$4,100,000. -
: Market.
New York—Seasongood & Haas.
NIAGARA & ERIE POWER CO. Ist 5s.
Jan. 1, 1941.—F. :
Tax exempt in New York and Pennsylvania
State tax refunded. -
Dated Jan. 1, 1911. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$1,250,000.
Outstanding—$542, 000.
Denomination—Coupon, $1,000.
as to principal. «
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on any! interest
date on eight weeks’ notice. |
Sinking Fund— ‘rustee—New er Title
‘Trust Co., Jersey City,.N. J.
Organization and Control—Incorporated in
New Jersey in 1898 and in 1899, with other
companies was merged into the United Electric
Co. of New Jersey, nearly all the stock of which is
owned by the ‘Public Service Corp. of New
Jersey, United Elec. Co. is leased to the Public
Serv. Elec., which is also a subsidiary of the
Public Serv. orDe 2 of 'N. J.
Secured by a first_mortgage upon all property
of- North Hudson Light, Heat & Power Co.
(Property not specified in mortgage).
~_Underlies—$18,617,000 United Elec. Co. of
N. J. 1st 4s, due 1949, which provide for the
retirement of this issue.
Market. -
Paterson, N. J.—F. A. Peters.
Newark—J. S. Rippel, Fidelity Trust oe:
New York—B. H.'& F. W. Pelzer, W. E. R.
Smith & Co., Starbuck, Van Sant & Legg.
BbMadalpnler-Horiey & Knoblaueh.
Ravisteratile
Guarantee &
NORTH JERSEY, STREET RAILWAY CO.
1st 4s. Due May 1, 1948.—F.
. Dated May 10, 1898.” Interest -payable May
a Nov. 1, at Trustee's office.
~ Authorized—$15,000,000. -
Outstanding in Hands of Public—$7, 710, 000.
Pledged under the Public Service Corp. of
New Jersey, Gen. 58 of 1959—$7,230,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankeras’ Trust Co., New York.
Organization and: Control—Chartered in 1894
and leased the property of the Consolidated
Traction Co., and in 1907 was consolidated with
other companies into the Public Service Ry.,
587
which is controlled through ownership of 99%
of its stock by the Public Service Corp. of N.-J.
Secured by a first mortgage on some forty
miles of street railway practically all double
tracked, as follows:
In Jersey City, from Communipaw Ave., on
Jackson Ave., to’Cedar Ave. From Communi-
paw Ave., on "West. Side Ave.,-to McAdoo Ave.,
-to Bergen Ave., to Gates ‘Ave.
In Newark: .From Bowery St., on Ferry St.,
to Market St., from.Ferry St., on Magazine St.,
to Ave “L” to Hamburg.-St., to Ferry St. From
‘Ferry St., on Whorter St., to South St. From
‘Union St., on Elm 8t.,.to Sanford St., to Warwick
St., to Van Buren: St., to Walnut St., to Whorter
St. From Springfield Ave., on ‘South Orange
Ave., to Valley St., in S. Orange to Newark
Turnpike ‘to Springfield Ave., to Cottage St.,
in Irvington, (connecting with line into Newark).
From Glenwood Ave. (Bloomfield) oi Bloomfield
Ave., through Montclair to Caldwell. From
Bergen St., on 16th Ave., to City Line. In
Montclair from Bloomfield Ave., on Valley Road
to Lorraine Ave. From Bloomfield Ave., on
Elm Ave., to Ridgewood Ave.
In Harrison: From W. Lathom St. +, on 4th
St., to Passaic River. Also on Kearney Ave. os in
‘Kearney and many short lines.
“ he North Jersey street Railway Co. operates
some 300 miles of street railway track. Practi-
cally the entire system is doubled tracked and of
the 150 miles of road, the leased lines, at the date
of lease, owned some 95 miles. At the present
time the leased lines comprise about 110 miles of
the system. The lines operated include practi-
ally all of the street railways in Jersey City,
Newark and in the vicinity of Newark.
The company states that the leasehold interest
are subject to the lien of this mortgage, although
there is no specific conveyance of the leases in
the mortgages.
Earnings—North Hudson County Ry. 5s,
‘1928, above. eee
‘et.
Mar
New York—B. H. '& F. W. Pelzer, Percy H.
e eee Williamson Pp Pairs, Fred. H. Hatch
eae mith & Co., C.D. Parser Gas,
A inecten, Starbuck, Van Sant &
cette nee Ke Phillips, ‘Borden &
Knoblauch, Chandler & Co., Chas. Fearon &
Co., eS g. Fox & Sons
Newark: —J. 3. Bevel, Fidelity Trust Co.
& Wells, Edwin R.
Case. ;
Paterson—F. A. Peters.
NORTH MOUNTAIN WATER SUPPLY CO.
1st 5s. Due Jan. 1, 1933.
Dated Jan. 1, 1903. Interest
and July 1, at Scranton Trust Co., §
Authorized—$1,00 60.
Gui nding sata
Dancmianeiin Copan $1,000.
Trustee—Scranton Trust Co., Scranton, Pa.
Guaranteed as to peo and interest by
Spring Brook Water Supply C
Controlled by Spring Brook Water Supply Co.
which supplies water to many cities and towns in
the vicinity of Wilkes-Barre and Seranton, Pa.,
under perpetual Sees
Mar
Scranton—E. A. Burke. & Co., Brooks & Co.
NORTH PENNSYLVANIA Ree co.
1st 4s. Due May 1, 1936.—
See Map 104.
Dated June 1, 1866. Extended May 1, 1896,
interest being reduced from 7%. Interest pay-
able May and Nov. 1, at Company’s office, 240
South 3rd St., Philadelphia.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000 and $500.
wee ee Knight and Herbert M.
owe,
ayable Jan.
cranton, Pa.
Organization ‘atid Control—Incorporated in
Penn. in 1852 and 1879 was leased for 990-years
to the Phila. & Reading R.'R. at a tental-equal to
interest:on bonds and 8% on steck. Upon reot-
ganieation of | of lessee this lease was assumed by the
hila. & Reading Ry. Co.
Guaranteed as to interest by the Philadelphia
& Reading Ry. Co. under terms of lease.
Secured by ‘first mortgage ‘at the rate of
$17,300 per mile on (12) 86 miles of road ‘from
‘Willow St., Philadélphia ‘to Bethlehem, Pa.,
and branches ‘from Jenkintown to the Delaware ~
River and Landsdale to ‘Doylestown. This road
includes the only direct line. between Phila-
delphia and the Lehigh Valley region,-and also a
part of ‘the main line between New York and
Philadelphia.
Underlies—$4,500,000 Genetal3 3/10% Bonds
due 1953, which provide for the retirement of
this issue.
Legal for Conn., Me., Mich., Minn., N. J.
and Wis.
Listed on the Philadelphia Stock Exchange.
Market.
bejdeerday o ls ga Henderson & Loeb,
Benson & Packard, E. W. Clark-& Co., Reed &
‘Huntoon, Reed A. ‘Morgan & Co.
NORTH PENNSYLVANIA RAILROAD co.
Gen. 3.3s. Due Jan. 1, 1953.—F..
See Map 104.
Dated October 2, 1872 and extended Jan. 1,
1903, interest being. reduced from 7%. Interest
payable Jan. and July 1, at Company’s office,
240 S. 3rd St., el ies
Authorized__$6, 000,000.
Outstanding—$4, 500, 000.
Denomination—Coupon, $1,000.
$1,000 and $500.
Trustee—Fidelity Trust Co., Philadelphia.
Control—See 1st 4s above.
Guaranteed as to interest under terms of lease
by the Philadelphia & Reading Ry. Co.
Secured by a second mortgage at the rate of
$68,500 per mile on (12) 66 miles, consisting of
the main line from Willow St., Phila. to Bethle-
hem, Pa., and branch from Lansdale to Doyles-
‘town, Pa., subject to a prior lien at the rate of
$17,300 per mile.
Prior Liens—$1,500,000 1st 4s, due 1936, to
retire which a like amount of this issue has been
reserved.
Legal for Mich., Minn., N. J. and Wis.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—Chas. Fearon & Co., E. W.
Clark & Co., Reed & Huntoon, Reed ‘A. Morgan
& Co., Welsh Bros.
NORTH SHORE oie ELECTRIC CO. Ist 5s.
ct. .
Dated Oct. 1, 1902." Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$6,000,000. :
Outstanding—$1,869,000. (Closed mortgage.)
In addition to the bonds outstanding in the
hands of the public, $3,735,000 are held by the
Trustee of the North Shore Electric 1st & Ref.
5s of 1940.,:
Denomination—Coupon, $1,000.
as to principal.
Trustee—Illinois
Chicago.
Reedeemable at 105 and interest on Oct. 1
1912 or any interest date thereafter.
Assumed by Public Service Co. of Northern
Tllinois.
Depreciation Fund—2% of bonds which have
been outstanding not less than six months, to be
set aside each year as a depreciation reserve fund.
‘Organization and Control—Incorpprated in
Illinois in 1902 and in 1911 was merged with
other companies into the Public Service Co. of
Northern Illinois, which serves 18 counties
Registered,
Due
Registerable
Trust & Savings Bank,
588
practically surrounding Chicago with gas and
electric light, power, water and heating.
Secured by mortgage upon generating plants
at Waukegan, Evanston, Maywood, Blue
Island and eight sub-stations, supplying electric
Bent ae power to 72 cities. Population served,
Prior Liens—$212,000 5% bonds.
.. Underlies—$1,681,500' North Shore Elec. 1st
Ref. Mtge. (outstanding bonds of which are now
seeured equally) and $9,728,000 Pub. Serv. of
No. Illinois Ist & Ref. 5s due 1956, in the hands
of the public and $5,409,000 deposited as col-
lateral for some $4,000,000 notes.
Net Earnings, 12/31/14....... $3,000,214
Pntereste:' sa.arciic ase tain dwciee ree 1,461,461
This issue..... ahs infegwaaie jo ah peas 696,998
Listed on the Unlisted Dept. of the Chicago
Stock Exchange.
Original Market—Offered in 1903 by Russell,
Brewster & Co., New York and Chicago, at 100
and interest.
9 Market.
Chicago—Union Trust Co., Yard, Otis & Tay-
lor, E. L. Lobdell & Co., E. T. Konsberg & Co,.
Peoples’ Trust & Savgs. Bank, N. W. Halsey &
Co., Curtis & Sanger.
Boston—Geo. A. Fernald & Co.
New York—Curtis & Sanger, Plympton,
Gardiner & Co., Babcock, Rushton & Co.
NORTH SHORE ELECTRIC CoO. ist & Ref. 5s.
‘Due ‘April 1, 1940.—F.
Dated April 1, 1910. Interest. payable April
id Oct. 1, at Trustee’s office, or in New York.
Authorized;—$25,000,000. ;
Jutstanding—$1,681,500 (in hands of public),
$1,050,000 additional are held by the Trustee of
the-Public Service Co. of Nor. Ill. 1st & Ref. 5s.0f
1956. No turther bonds may be issued.
_Denomination—Coupon, $1,000 and $500.
Rogisteraple as to principal. C. & R. interchange-
able.
Trastee—Illinois Trust & Savings Bank,
Chicago.
Redeemable at 107 % and interest on April 1,
1920, or oni any interest date thereafter.
Depreciation Reserve Fund—See above.
Control_-See 1st 5s above. .
Secured by pledge with the Trustee of $3,735,-
000 North Shore Elec. 1st_5s due 1922, $20,000
La Grange Water, Light & Power Co. and $36,000
Evanston Heating Co. Ist 5s, through which
they are secured equally with outstanding bonds
on property described above under Ist 5s.
Prior Liens—Ist 5s due 1922 and $212,000
prior bonds. (This issue secured equally through
pledge.) 7
Underlies—$9,728,000 Public Serv. of No.
Illinois 1st & Ref. 5s due 1956, in the hands of
the public, and $5,409,000 deposited as‘collateral
for some $4,000,000 notes. i
Listed’ on the Unlisted Dept. of the Chicago
Stock Exchange. :
Original Market—Offered in 1910 by Russell,
Brewster & Co., and N. W. Halsey & Co., New
York, Chicago, etc., at 98 and interest.
Market. .
Chicago—Peoples’ Trust & Savings Bank,
Alfred L. Baker & Co., Yard, Otis & Taylor,
Union Trust Co., John Burnham & Co., Northern
Trust Co., E. T. Konsberg & Co., F. M. Zeiler &
Co., Stanwood, Taylor & Co., Curtis & Sanger.
ener York—N. W. Halsey & Co., Estabrook
Co.
NORTH SHORE GAS CO. OF ILLINOIS Ist
5s. Due Feb. 1, 1937.—F.
Dated February 1, 1912. Interest payable
Feb. and Aug. 1, at First National Bank, New
York, or at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$1,750,000.
_ Denomination—Coupon, $1,000 and $500. Reg-
isterable as to principal.
Trustee—Continental & Commercial Trust’ &
Savings Bank, Chicago. 7
Redéemable at 103 and interest on any interes
date on 60 days’ notice. ay
A ing’ and Improvement Funds—Beginning
in June, 1914, and semi-annually thereafter, 10%
of the gross receipts will be expended for improve-
ments for which bonds would otherwise be issue
able, or expenditures for maintenance, and for
the purchase and cancellation. of outstanding
bonds at or less than 103 and interest.
Organization and Control—Incorporated in
Illinois in 1911 as successor to the North Shore
Consolidated Gas Co. Entire preferred and
common stock of company is owned by Chicago
Suburban Gas & Ele¢. Co.
Secured by first mortgage on coal and water
gas generating plant with a capacity of 1,100,000
cubic feet a day, three gas holders and 243
miles of mains, supplying the suburban district
of Chicago beginning at Winnetka and extending
through the North Shore residence district.
Population served, 46,000. Franchises expire
1946 to 1950.
Underlies—$400,000 6% Debentures.
Net Earnings, 12/31/13......... $151,824
Interest........... aw eniice ae 89,178
Listed on the Unlisted Dept. of the Chicago
Stock Exchange.
Original Market—$1,491,000 offered in Jan.,
1912, at 97 and interest by E. H. Rollins & Sons,
New York, Boston, Chicago, etc., and the Con-
tinental & Commercial Trust & Savings Bank,
Chicago.
Market.
Chicago—Alfred L. Baker & Co., Union Trust
Co., McCoy & Co.,. Babeock, Rushton &: Co.,
Devitt, Tremble & Co., Follansbee & Co., Allerton
Greene & King, State Bank of Chicago, E. T.
Konsberg. & Co., Yard, Otis & Taylor, H. ‘T..:
aoe & Co., Stanwood, Taylor & Co., Curtis &
anger: :
Boston—E. H. Rollins & Sons.
New York—E. H. Rollins & Sons, A. B. Leach
& Co.
Philadelphia—C. J. Bender & Co.
NORTH SPRINGFIELD WATER CO. Ist 5s.
Due July 1, 1928,—F.
Dated June 27, 1898. Interest payable Jan.
and July 1, at Columbia Avenue Trust Co.,
Philadelphia.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $100, $200, $500 and
$1,000. Registerable as to principal.
Trustee—Columbia Avenue Trust Co., Phila-
a tore? Pa. ae :
‘uaranteed as to principal and interest by’
pauses Consolidated Water Co. by terms of
ease.
Organization. and Control—Incorporated in
Penn. in 1898 and acquired three water com-
panies and the entire stock of another. In.1908>
property was leased to Springfield Consolidated:
‘Water Co., which is controlled through ownership:
of a majority of its stock by the American Pipe:
& Construction Co. .
Secured by a mortgage on plants supplying
water to Oak Lane, Wayne, Berwyn and Con-
shohocken, Pa., all in the vicinity of Philadelphia.
Franchise perpetual. :
Prior Liens—$150,000 Wayne Water Works
1st 414s due 1933, $500,000 Berwin Water Co.
1st 6s due 1920, $150,000 Oak Lane Water Co. Ist
6s due 1919 and $100,000 Conshohocken Gas &
Water 1st 4s due 1929. sae :
efunding—Retirement of this issue provided
for under Springfield Cons. 1st 5s due 1958, of
which $3,418,800 are outstanding.
’ Market.
Philadelphia—Sam K. Phillips, O. B. Lan-
singer & Co., M. M. Freeman & Co., Reed A.
589
Morgan. & Co., Reed & Huntoon, Robt. 'D.
Ghriskey & Co., Chas. Fearon & Co.
New York—Lawrence Barnum & Co.
NORTHAMPTON & AMHERST STREET
RAILWAY Ist 5s. Due Sept. 1, 1920.—N.
Dated Bente 1, 1900. Interest payable’: March
Sn BOR » at ‘Old Colony Trust Co., Boston,
ass.
“Authorized—$300,0 00. =: i
Outstanding—$180, 000. (There a: are situs $120,- -
000 Connecticut Valley 5s issued under this
mortgage.) -
-Denomination—Coupon and Registered $1, ‘000.
Trustee—Old Colony Trust Co., Boston, Mass.
Redeemable at 105 and. interest on four weeks’
notice. ea
Organization ‘and Control—Chartered in 1899.
and in 1905 was consolidated with the Greenfield,
Deerfield & Northampton St. Ry. and Greenfield:
& Turners Falls St. Ry., name being changed to
the Connecticut Valley St. Ry. Latter company
is controlled through ownership of a majority
a. its stock by the Massachusetts Consolidated
ys.
Secured by first mortgage on 15 miles of track
from Northampton to Amberst, Mass. Popula-
tion served, 42,0:
Net Earnings "0/30/14 Conn. Valley
St. $75,966
50,495
23,184
ees "Market —Offéred ny ‘George A. Fer-
nald & Co., Boston, in Nov., 1900.
Market.
Boston—Hotcbkin & Co.
NORTHAMPTON-EASTON & WASHINGTON
4 — co. ist oS Due May 1, 1950.
“Dated -May 1 1910. Interest ‘payable May
and Nov..1, at P. W. Brooks & Co., New York .
‘ Authorized—$5, 000,000. a ‘
Outstanding—$544,000. (Closed mortgage).
Retired by Sinking Fund—$6,000.
Denomination—Coupon, $100, $500 -
$1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole or in part by lot from
May.1, 1915, to: 1925, at 110 and ‘interest; 1925
to tose at 107 % and interest; and thereafter at
105 .and interest. °
and
Sinking’ Fund_—1% of average amount of bonds.
outstanding annually from fifth to fifteenth year
succeeding their date of original issue; 1 Yekdur-
ing next 15 years, and. 2% thereafter. steal
Guaranteed as to principal and interest by
Northampton Traction Co.
Organization and Control—Incorporated in
New Jersey in 1902 as successor to the Easton &
Washington Traction -Co., and is controlled by
the Northampton Traction Co. through owner-
ship of $1,079,200 of the $1,250,000 capital stock
Secured by a
electric railway from Phillipsburg to Port Mur-
ray, N. J., of which 1284 miles are on private
right of way.
chises perpetual.
Underlies—$196,500 Ref. & Consol. bs.
Market.
New York—W. E. Hutton & Co., P. Ww. Brooks
& Co., E. & C. Randolph, Stephen L. Snowden.
Boston—Marshall & Co.
NORTHAMPTON TRACTION co.
Due Jan. 1, 1933.—:
Tax exempt in Penn.
Dated Jan. 1, 1903. Interest payable Jan. 1
and July 1, at Trustee's office.
‘Authorized—$400, 000.
Outstanding —$349,500
Retired by Sinking Tund—86,
Denomination—Coupon, $100,. 58200, $500 ‘and
$1,000. Registered as to principal.
Ist 5s.
first mortgage'on 17 miles of'
Population served, 22,000. Fran-
Trustee—Northampton Trust Co., Easton, Pa.
Sinking Fund—10% annually of -net earnings
but. bonds cannot be called... ~
Organization—Incor; orated. in Penn. in 1902
as a consolidation of the Easton & Nazareth St.
Ry. and: the Easton, Tatamy & Bangor St. Ry.,
and controls the Northampton-Easton & Wash-
ington Traction Co.
» Secured by a first mortgage on 22 miles of main
track and 3 miles of sidings from center of Easton
to Bangor and Nazareth, Pa. Franchises for 999
years from 1902. °
Underlies—$275,000 Ref. & Cons. es
Net Earnings, 6/30/14.:!' 7,293
Interest 3 3 "738
Original Market—First offered “by Cramp,
Mitchell & Shober,. Philadelphia. ete
Market.
Philadelphia—S. K. Phillips, Osear R. Dare.
zs 7 York—Stephen L. ‘Snowden, H. F. ‘Carey
‘0.
NORTHEASTERN RAILROAD co. Cons. 6s.
Due January 1, 1933.—F.
See Map 3.
Dated January 1, 1883. Interest payable
Jan. and July 1, at United States Trust Co.,
New York.
Authorized—$1,836, p00.
Outstanding—$657,0
Exchanged for A. C. nM ‘R. R. Co. of S. ron Gen.
Mtge. Bonds—$37,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Metropolitan Trust Co., New York.
Control—The Northeastern R. oe was merged
in 1897 into the A. C. L. R. R. Co. of S. C., which
was succeeded by _the Atlantic ' Coast Line
R. Co.
“Assumed by the Atlantic Coast Line R. R. Co.
Secured by a first mortgage at the rate of
36,400 per mile on (7) 102 miles of road from,
Florence to Charleston, S. C.
Underlies—$90,000, 000 Atl. Coast Line R. R.
bonds. Bonds are reserved under the A, cL
Gen. & Unify. Mtge..to retire this issue.
‘Legal for Balt., Cal., Conn., Fla.,
N. H..and. N.Y.
Market.
Baltimore—Jenkins, ‘Whedbee & Box
Registerable
Minn.,
NORTHERN CALIFORNIA POWER CO. CON-
SOLIDATED Ref. & Cons. S. F. 5s. Due
Dec. 1, 1948.—
Dated December i; 1908. Interest payable
June and December 1, at N. W.. Halsey & Co.,
New York, or ‘Trustee's office, San Francisco.
‘Authorized—$10,0 100,000.
Outstanding—$3, 964, 000.
Denomination—Coupon, $1, 000.;
as to pepe al.
Trustee—Union Trust Co., San Francisco.
Redeemable as a whole at 110 and interest,
December 1, 1915, or any interest date thereafter.
Sinking Fund—Annually, commencing Decem-
ber 1, 1913, 1% of outstanding bonds for pur-
chasing these or underlying bonds at not over
110 and interest. Bonds so purchased are to be
kept alive in sinking fund and interest added to
the fund which it is estimated will be sufficient
to retire 75% of these bonds by maturity.
Maintenance Fund—Supplemental mortgage:
provides ior a maintenance and depreciation fund
of 15% of gross earnings from June 1, 1911 to
maturity of bonds, payable monthly.
Organization—The company was incorporated
n California in 1908 as a consolidation of the
Norehant California Power Co., Keswick Electric
Power Co., Battle Creek Power Co., Redding
Water Co,, Redding Electric Light & Power Co.,
Red Bluff’ Electric Light '& Gas Co. and the
Willows Water & Light Co. and during 1912
purchased the property of the Sacramento Valley
Power Co. In Jan., 1914, it was reported that
Registerable.
590
a new company was to be formed to take over
the properties of this company and_ the Oro
Electric Corp.
,Secured by mortgage upon entire property of
eimpany, inelnding five electric generating plants
of 47,000 392 miles of transmission pole
lines, of_ which, Abas niles are on private right of
way, 29 substations, ‘etc., supplying. Shasta,
Tehama and Glenn Counties, Cal., gas plants
supplying Redding, Red Bluffs and ‘Willows and
water works serving Redding and Willows,
together with about 20,000 acres of land. Fran-
chises are, perpetual’ in "the cities. County fran-
chises | for the use of public highways for trans-
mission lines extend from 1952 to 1956.
Prior Liens—$866,000 Northern California
Power Co. first mortgage 53 of 1932; $84,000
Battle Creek Power Co. 1st 5s of 1936; $43,000
Keswick Electric Power Co. ist 5s of 1,
$10,000 Redding Water Co. 5s of 1936; $400, 000
Sacramento Valley Power Co. Ist 5s of 1929 and
$500,000 Sacramento Valley Power Co. ist &
Ref. 5s of 1941 for the retirement of which bonds
of this issue have been reserved.
Underlies—$675,200 Debenture 6s due 1915
and $500,000 due 1917.
Net Earnings, 12/31/14......... $421,426
TNCOROSt sac docks ius @ a sdevarece dea bewensed 363,999
Legal for Cal.
Listed on the San Francisco Stock & Bond
Exchange.
Original Market—$1,000,000 offered in 1910,
by N. W. Halsey & Co., New York, Chicago, ete.,
at 96 and fitereets $400,000 offered by the same
firm in 1911, at o4}g ai and interest.
et.
New York—N. we Halsey & Co., Robinson &
Co., H. D. Robbins.
Chicago—N. W. Halsey & Co. 7
San Francisco—Byrne & McDonnell.
NORTHERN |CALIFORNIA RAILWAY CO.
1st 5s. Due June 1, 1929.—-N.
See Map -119.
Dated November 1, 1889. Interest payable
June.and.Dec. 1, at Southern Pacific Company's
office, New York.
. Anthorized—$1,100
- Outstanding—$1, Ore, 000 (Closed mortgage).
Denomination—Coupon, $1,000.
Trustee—California Safe Deposit & Trust Co.,
San Francisco, Cal.
Sinking Fund—Annually, beginning 1889, $10,-
000, to be investedin securities for the benefit of
this issue. Bonds of Southern Pacific System
costing $187,350 and $6,600 in cash were held in
fund on June'30, 1913
Guaranteed principal and interest by the
Southern Pacific Co. by endorsement.
Organization and Control—Incorporated in
California in 1860 and in 1902 was merged into
the Southern Pacific R. R. as part of the Southern
Pacific R. R. of California by which it was
absorbed in 1898. The entire stock of the Sou-
thern Pacific R. R. is owned by the Southern
Pacific Company. =
Secured by first mortgage at the rate of
$20,000 per mile on (3) 54 miles of road from
Knights Landing to Oroville, Cal.
Underlies—$137,307,000 Southern Pacific R.
R. Ref. 4s due 1955, which provide for the retire-
met of this issue.
Legal for. Balt., Cal., Conn., Mich., Minn.,
. N. Y., I.and Wis.
Listed on the:New York and San Francisco
Stock Exchanges.
: ‘Market.
New York—Wolff & Stanley.
NORTHERN CENTRAL GAS CO. lat & Ref. 5s.
Due Aug. 1, 1962.—.
Tax exempt in Pennsylvani ‘ia.
Dated August 1, 1912. Interest sivaits Feb.
and Aug. 1, at H. D. Walbridge, & Co.,,: 14, Wall
Street, New Yor
Authorized—$4, 000, 000. ‘4
Outstanding—$775, 000.
Denomin, tion—Coupon, $500 and $1,000.
Registerable-as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable on any interest date at 105 and
interest on 60 days’ notice.
Organization—Incorporated_in Penn., 1912
and is a consolidation of the Williamsport Light
‘Co. and the Milton Gas Co.
Secured b: A a first mortgage on plants supply-
ing gas to Milton and Watsontown, Pa., and the
high pressure line connecting them, and on line
and properties located between Watsontown and
Williamsport, Pa.; a second mortgage on gas plant
in Williamsport, Pa., and a first er on entire
capital stock of Hagerstown (Md.) . & Heat
Co. owning plant supplying gas to teat ‘city, this
Biant being subject to $200,000 mortgage bonds.
opulation served, about 75,000. Franchises are
all _ perpetual.
‘Prior Liens—$400, 000 Williamsport Gas Co. 5s
due 1939 for the retirement of which bonds of this
issue have been feaeynd
Net Earnings, 12/81/14.......... » $82,919
Original Meee cOmecd 1912 by H. D. Wal-
bridge & Co., New York, at parand interest with
35% bonus of common stock.
arket.
Philadelphia—Reed A. Morgan & Co., Robt.
‘D. Ghriskey & Co., E. R. Barnard.
4
NORTHERN CENTRAL RAILWAY CO. Cons.
Gan 445 (Series ‘‘E”’). Due April 1,
25.—.
See Map 98.
ae exempt in Pennsylvania.
aed April 1, 1885. Interest payable April
and Oct. I, at Treasurer’s office, Baltimore.
Authorized—$10, 000,000.
Outstanding—$1,757, 000 Series “EB”
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Organization and Contro!—Incorporated in
Maryland in 1854 and is controlled by the
Pennsylvania R. R. through ownership of a
majority of the $19,342,550 capital stock. In
Nov., 1910 stockholders approved a lease of the
property to the Penn. R. R. Co. under the terms
of which the capital stock was to be increased by
a 40% stock dividend, and a eash dividend of
10% ‘declared and a guaranteed dividend of 8%
‘on the incredsed stock pa natters This lease
went into effect, in: July, 1914.
Secured by a second mortgage at the rate of
$12,100 on (8) 144 miles from Baltimore, Md., to
Marysville, Ra., Dauphin to Sunbury, Pa. and
branch from Hollins to Green Spring Junction,
ae a to a prior lien at the rate of $10,400
per mile.
Prior. Liens—$1,500,000 Irredeemable 6s
issued to the State of Maryland.
Underlies—$3,565,000 General 5s, due 1926.
Net Earnings, 12/31/14....... $1,625,832
Net.income (including rental) | | 2, 389, 821
Interest, rentals, ete.......... 884,876
i pegal for Balt., New dase Aies and Rhode
sland.
Listed on the Philadelphia and Baltimore Stock
Exchanges. ~
Market.
New York—Coffin’ & Co.
Pal dar age era West, E. W. Clark &
H. F. en Co., Reed & Huntoon,
Chas. Fearon & Co., C. C. Harrison, Jr, & “Co.,
Graham & Co., Reed A. Morgan & Co.
Baltimore —J enkins, Whedbee & Poe, Alex.
‘Brown & Sons, Townsend Scott & Son, Colston,
Boves & Co., Nelson, Cook & os Hamblston &
O.
591
NORTHERN CENTRAL RAILWAY CO. 2nd
Gen. 5s. Series ‘‘A” and ‘‘B.”" Due Jan. I,
1926.—F.
Bee. Map 98.
ated Jan. 1, 1876. Interest payable Jan. and
July 1, at Treasurer’s offic2, Baltimore.
, Authorized—$5,000,000.
Outstanding—$2,565,000 Series ‘A’; $1,000,-
000. Series “B.”
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia, Pa.
_ Sinking Fund—$30,000 per annum, beginning
in 1880 to redeem and cancel the bonds of Series
“A.’’ No bonds have been redeemed since 1894.
Organization and Control—See Series ‘“‘E.”
Secured by a third mortgage at the rate of
$24,700 on (8) 144 miles of road from Baltimore,
Md., to Sunbury, Pa., and branches, subject to
prior liens at the rate of $25,200 per mile. Series
‘A”’ is further secured by a first lien on $823,000
out of $1,500,000 capital stock of the Elmira &
Lake Ontario R. R. Co.
Prior Liens—$1,500,000 Northern Central
Irredeemable 6s owned by the State of Maryland
and $1,757,000 Cons. Gen. 434s of 1925.
Legal for Balt., N. H. and R. I.
Listed on the Philadelphia and Baltimore Stock
Exchanges.
~ Market. ,
Baltimore—J. H. Fisher & Son, Poe & Davies,
a Brown & Sons, Hambleton &, Co., Jenkins,
hedbee & Poe, Mackubin, Goodrich & Co.
Nelson, Cook & Co., Townsend Scott & Son,
Colston, Boyce & Co., Riggs & McLane.
Philadelphia—E. W. Clark & Co., E. V. Kane
&.Co., Chas. Fearon & Co., C. C. Harrison, Jr.,
& Co., Henry & West, Reed & Huntoon, R
Glendinning & Co., Reed A. Morgan & Co.,
C. D. Barney & Co., Frazier & Co. ?
NORTHERN COLORADO POWER CO. Ist
5s. Due May 1, 1928.—F.
Dated May 1, 1908. Interest. payable May
and Nov. 1, at Hallgarten & Co., New York.
Authorized—$6,000,000.
Outstanding—$3,337,000.
Denomination—Coupon,.
Registerable as to principal. d
rustee—Central Trust Co., New York.
Redeemable by lot at 105 and interest.
Sinking Fund—1% of all bonds issued, includ-
ing those in the sinking fund, with a minimum
of 1% of gross earnings.
Organization—Incorporated in Colorado in
1906 and purchased the Consumers Electric Co.
of Lafayette and_ Louisville, Colo. and the
Cheyenne Light, Fuel & Power Co., together
with other plants in several cities of Northern
Colorado.
Secured by a first mortgage on large power
plant at Lafayette, Col., supplying electricity to
several cities in Colorado; and by a second mort-
gage on the plant supplying electricity to Chey-
enne, Wyo. Further secured by pledge of $247,-
500 of the $250,000 stock and all the $160,000
bonds of the Boulder Electric Light & Power Co.
Population served, 55,000.
Prior Liens—$163,000 Cheyenne Lt.. Fuel &
Power 5s, for the retirement of which bonds of
this issue have been reserved.
Net Earnings, 12/31/12.......... $199,621
Tn Ger esti sciciccsiecercars ss secsiioea lear rae eet 190,487
Market.
New York—Berdel! Bros., Gude, Winmill & Co
$100 and $1,000.
NORTHERN CONNECTICUT LIGHT &
POWER CO. Ist Sinking Fund 5s. Due
Dec. 1, 1946.
Tax exempt in Connecticut.
Dated Dec. 1, 1906. Interest payable June 1
and Dec. 1, at Trustee’s office. :
Authorized—$350,000.
Outstanding—$293,500. Bree
Denomination—Coupon, $1,000. Registerable
as to principal.
Trastee—Connecticut Trust & Safe Deposit
‘Co., Hartford, Conn. eas
_ Sinking Fund—Annually, beginning Dec. 1,
1911, 1% of outstanding bonds for purchase or
redemption of these bonds at not to exceed 110
and interest. If not so purchasable, fund may
be invested in the discretion of Trustee in bonds
legal for Connecticut.
Organization and Control—Incorporated in
Conn. in 1901 as successor to the Enfield Gas Co.
and absorbed the Windsor Locks Elec. Lighting
Co. and the Enfield Elec. Light & Power Co.
Secured by first mortgage on electric power
plant supplying Windsor Locks, Enfield, Thomp-
sonville, Warehouse Point, Broad Brook, etc.,
Conn. Population served, 20,000. Franchises
perpetual.
Net Earnings, 12/31/13........... $42,698
TRGEPEBE: niin oss cco 929.0 eine sel FISS = HRM, 14,021
Original Market—First offered in Dec., 1906,
by Baker, Ayling & Co., Boston and Philadelphia,
at 101 and interest.
Market.
New Haven—Chas. W. Scranton & Co.
Boston—Baker, Ayling & Co.
NORTHERN ELECTRIC CO. ist Mtge. 5s.
Due June 1, 1939.—N.
Dated June 1, 1914. Interest payable June
1 and Dee. 1 in Montreal, New York and London.
Authorized—$10,000,000. :
Outstanding—$3,500,000.
Denomination—Coupon, $100, $500.and $1,000.
Registerable as to principal.
Trustee—Montreal Trust Co., Montreal.
_ Redeemable as a whole, or in part, for the
sinking fund, on any interest date at 105 and
interest.
_ Sinking Fund—2% per annum of all bonds
issued, plus interest on bonds retired, to pur-
chase bonds at not exceeding 105 and interest.
If not so purchasable bonds will be drawn.
coreanizahon:—lncorporated in Canada: in
Secured by a first mortgage on two plants in
Montreal now in operation and one under. con-
struction, and branch houses in Toronto, Van-
couver and Calgary. The company. is the larg-
est manufacturer of telephone apparatus, : elec-
trical wires, cables and other electrical supplies.
In addition to the properties covered. by this
mortgage the company owns an additional fac-
tory in Montreal, which will be disposed of upon
completion of the new factory, and branch
offices and warehouses in Halifax, Winnipeg and
Regina.
Net Earnings (after depreciation),
WO BUD cscs coccyanesiace, eae ib euiriaist ele $1,240,804
Original Market—$3,500,000 offered in July,
1914, by Lee, Higginson & Co., Boston, etc.,
and Higginson & Co., London, at a price to yield
wu%-
Market.
Philadelphia—Harper & Turner.
Chicago—Union Trust Co.
Boston—Hotchkin & Co.
New York—Hotchkin & Co.
NORTHERN ELECTRIC STREET RAILWAY
Ist 5s. Due June 1, 1957.—N.
Dated June 1, 1907. Interest payable June
and Dec. 1, at Anthracite Savings Bank, Wilkes-
Barre, Pa. ‘
Authorized and Outstanding—$1,200,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
_Trustee—Anthracite Savings Bank, Wilkes-
Barre, Pa.
Redeemable on any interest date at 105 and
‘migrants : :
inking Fund—$10,000 per annum to be paid
592
te rosie on Dec. 1, 1911 and annually there-
after.
Control—All of the stock of the Northern
Elec. St. Ry. is owned. by Northern Elec. Ry.
which is controlled by Scanton & Binghamton R.
R., all’of whose stock is owned by Scranton &
Binghamton Ry.
The property of the Northern Hlec. St. Ry.
ig leased to the Scranton & Binghamton Trac-
ee minh a ee bond ee a
iyidends of from 3 to % on stock. hese-
eoapanies are controlled by interests affiliated
with the International Correspondence School.
Secured by a first mortgage on 214 miles from
Scranton to Factoryville, Pa. of electric railway
and by first lien on entire capital stock of Dalton
St. Ry., owning 1734 miles of road free from
debt. Population served,.Scranton, 135,000;
remaining territory, 6,000.
Market.
Scranton—Brooks & Co., E. A. Burke & Co.
NORTHERN IDAHO & MONTANA POWER
CO. Ist 6s. Due Feb. 1, 1949.—F.
Dated Feb. 15, 1909. Interest payable Feb.
and, Aug. 1, at Continental & Commercial Trust
& Savings Bank, Chicago.
Authorized—$10,000,000.
Outstanding—$4,613,600.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee-—Continental & Commercial Trust &
Savings Bank, Chicago, Ill.
Redeemable:on any interest date after Feb. 1,
1914, at 110 and interest. Fala ;
Sinking Fund—1% of outstanding bonds
annually from Feb. I, 1919 to 19384 and 144%
from: 1935 to.1948. :
Organization ‘and Control—Incorporated in
Delaware in 1909 and purchased the. properties of
a number of public utility companies. Of the
company’s $4,000,000 common stock, $1,348,300
is owned by the Standard Gas & Electric Co.
Secured by a first mortgage on plants supply-
ing: electricity to,.8. cities and towns in Idaho,
Washington, and Montana, having a population
of about. 15,000 and also on telephone systems in
5 of the same communities. “Also by a second
mortgage on water works, electric, and telephone
plants in, Kalispell, Mont., population 9,400, and
on electric pawer plants formerly of the Willam-
ette Valley Elec. Co., which supply communities
in Oregon having a population of 39,000. These
latter plants are leased to the Oregon Power Co.
Prior Liens—$718,000 Willamette Valley Co.
5s, due 1930, |
Net Earnings, 12/31/14......... $290,822
INCOROSC sins cna ehe a oes ane 330,280
Market.
New York—Fred H. Hatch & Co., Wm. P.
Bonbright & Co., Lamarche & Coady, J. A.
Clark & Co., A. E, Fitkin & Co., Berdell Bros.,
Chas. H. Jones & Co., H. M. Byllesby & Co.
Philadelphia—Chandler & Co., Brown Bros.
& Co., Read A. Morgan & Co.
Cincinnati—Geo. Koehler & Co.
Chicago—Wollenherger & Co., M. T. Leonard
Co., BE. T. Konsberg & Co., Hulburd, Warren
& Chandler, H. M. Byllesby & Co.
ease Sherman Adams, F. B. Bassett
& Co.
NORTHERN ILLINOIS LIGHT & TRACTION
CO. 1st 5s. Due July 1, 1923.—F.
Dated July 1, 1908. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,200,000.
Outstanding—$668,000.
,.Denomination—Coupon, $1,000 and $500.
Registerable as to principal. _
Trustee—American Trust Co., Boston, Mass.
Guarantee—$403,000 of these bonds are guar-
anteed principal and _ interest by the Western
Railways and Light Co. by endorsement.
Organization and Control—Incorporated’ in
Illinois: in-1903:as successor to the Ottawa Ry.
Light & Power Co. sold under foreclosure;
Entire stock of company is owned by the Western.
Rys. & Light Co., which was absorbed in 1913 by.
the Illinois Traction Co,
Secured by first mortgage upon the 6.5 miles of
street railway. in the City of Ottawa and
hyde -clectrie generating: station with 22 miles
of‘transmission lines supplying that city with all
electric light and power. Franchises for street,
railway expire 1924, electric light are perpetual.
Net Earnings, 12/31/14 ; $125,641
Interest!........ GS oat tenants ee 32,561
Original Market—Offered in Dec., 1911, by
E. H. Rollins & Sons, New York, Boston, etc.,
at 95 and interest, and in 1912, $342,000 guar-
anteed bonds by Bodell & Co., Providence, R. I.,
at 97 and interest. ha
a
rket.
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler, B. H. Rollins & Sons.
Boston—E. H. Rollins & Sons, Bodell & Co.
New York—E. H. Rollins & Sons, E. & C.
Randolph.
St. Louis—John Nickerson, Jr.
Providence—Bodell & Co.
NORTHERN INDIANA GAS & ELECTRIC CO.
Ist Ref. 5s. Due April 1, 1929.—F.
Dated April 1, 1909. Interest paren: April
and Oct. 1, at First National Bank, New York,
at Trustee’s Office, Chicago, and First National
Bank, Boston.
Authorized—$10,000,000.
Outstanding—$4,719,000.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to, Benepe
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable at 103 and interest on any interest
date upon three weeks’ notice.
Sinking Fund—Annually 1% of outstanding
bonds from Jan. 1, 1919, for the purchase or
redemption of these bonds at not over 103 and
interest.
rganization and Control—The Northern Indi-
ana Gas & Electric Co, was incorporated in
Indiana in 1909 as a consolidation of the South
Shore Gas & Electric Co., the Indiana Harbor &
East Chicago Electric Co. and the Michigan City
Gas & Electric Co. Later the South Bend &
Mishawaka Gas Co. and the Plymouth Lighting
Co. were purchased’ and consolidated. The com-
pany is controlled by the United Gas Improve-
ment Co., through ownership of a majority of its
common stock.
Secured by mortgage upon entire property. of
company, including plants supplying gas and
electricity in Hammond, East Chicago, Indiana
Harbor, Whiting and Michigan City and gas in
South Bend, Mishawaka and Plymouth, Ind.
Population served 230,000. All franchises
extend beyond the maturity of these bonds.
Prior Liens—$128,500 Indiana Harbor & East
Chicago 5s of 1927; $358,000 Michigan City
Gas & Electric 1st & Cons. 5s of 19387; $680,000
South Shore Gas & Electric Co. Gen. 5s of 1933;
$270,000 Michigan City & No. Indiana Gas. 1st
5s due 1933; $270,000 Hammond Illuminating
Co. Ist 5s; due 1926, and $25,000 Whiting Elec-
tric 1st 5s.due 1923, to retire which bonds of this
issue have been reserved. Also $1,076,000 South
Bend & Mishawaka Gas Cons. 5s, due 1926 and
$472,000 South Bend Fuel & Gas Ist 5s. due 1920,
for the retirement of which provision is not made.
Original Market—Offered in 1909 by the C. H.
Geist Co., Philadelphia and $100,000 in 1910
by Baker, Ayling & Co., Boston, Philadelphia,
te. on a 514% basis.
we Market.
Phitadelphia—Newburger, Henderson & Loeb,
Borden & Knoblauch, Samuel K. Phillips, Reed
A. Morgan & Co., J. W. Sparks & Co., E. B
Smith & Co., Geo. N. Fleming, Mellor & Petry
593
C. Clothier Jones & Co., J. Paul piovas oO.. B.
Lansinger & Co., H. F. Bachman & Co., Ervin
Co., F..P. Ristine & Co., Oscar R. Dare, Elkins,
Morris & Co., Robt. D. Ghriskey & Co., C. D.
Barney &-.Co., Kirkpatrick & Lewis.
New. York—A. a kin & Co., Chandler
Bros. &, Co.,., Rauscher &
Co., Leonard Snider & Co., John D. Curtis &
Co., John W. Christiansen.
Chicago—Wollenberger & Co., Hulburd, War-
ren & Chandler, E. T. Konsberg & Co., Kennett,
Cowen & Co.
NORTHERN INDIANA RAILWAY ist Cons.
5s. Due Jan. 1, 1936.—F.
~ Dated Jan. 1, 1906. Interest payable Jan,
and July 1, sa nited States Mortgage & Trust
Co., New, Yor
ed Bi: 000,000.
Outstanding—$614,000,-
.- Denomination—Coupon, $1,000.
Trustee—United States Mortgage & Trust
Co., New, York. .
Redeemable—Bonds are subject to call.
Organization and Control—Organized in 1905
as a consolidation of the Indiana Ry. and the
South Bend, La Porte & Michigan City Ry., and
was succeeded in. 1907 by. the Chicago, South
Bend & Northern Indiana Ry.
Secured , by, first mortgage on 27- ‘tiles and
second. mortgage on 50 miles of track com-
prising the street railways, of Mishawaka, Goshen,.
Michigan ‘City and.
Elkhart, with interurban lines connecting those_
South Bend, La Porte,
points. Franchise perpetual, ee the Elkhart,
which expires in 1957.
. Underlies—$2,319,000 Chie! So. Bend & No.
Ind. 5s due 1937,.
. Net Earnings, "12/31/13 wassiognieeaae . $388,276
- Fixed Charges.......... ecsastiea 249,340
Interest this issue.............. 133,390
- Chicago—Hulburd, cet & Chandler.
Philadelphia—Chandler & Co., Henry & West.
Pittsburgh—H. P. Taylor & ae
‘New York—Dewing & Co.,
H. P. Taylor & Co.
Buffalo—H. P. Taylor | & & Co.
NORTHERN LAKES ‘STEAMSHIP CO.: Ast
5s. Due annually Jan. 1, to 1921.—
Dated April 15, 1910. Interest payable. Jan.
and July 1, at pase Trust Co., Detroit, Mich.
Authorized—$48 0,000.
Guistende a 000.
Retired—$96,
Benoniasties—-Couphr, $1,000.
as to principal.
Trustee—Union Trust Co., Detroit, Mich.
Redeemable on any interest date vat par and
interest, plus 1% for each year or fraction
thereof that bonds have to run.
Organization—Incorporated in West, Virginia
in 1909.
Secured by a direct first mortgage on three
steel steamships of 8,500 tons capacity each.
These ships are operated by the Lake Transpor-
Registerable
tation Co. $160,000 of bonds were secured on
each steamer a ;
, Net Earnings, 12/31/13...2.....5 F400, 180 ,
+ ANLEPOSG sac cca e tre ggeia acne wuss 21,600 -
Original Market-— Offered by Union Trust Co., i
and H. W. Noble & Co., Detroit, at par and
interest in March, 1910.
Market.
St. Louis—Wm. R. Compton Co.
Chicago—Devitt, Tremble & Co.
New York—Slattery & Co.
NORTHERN MAINE SEAPORT RAILROAD
Ta . R. & Terminal 1st 5s. Due April 1,
See Map 10.
Tax exempt in Maine.
4
Childress, Dewing &
.&C. Randolph,’
_Interest.payable April
Dated pon 1, 1905.
New York and
and Oct. 1, at Brown Bras. & Co.,
Boston.
Authorized—$5,000,000. .
* Outstanding—$4, 720, 000.
> Denomination—Coupon, $1,000. ‘Régisterable
as to principal ‘only, or fully registerable.,
Trustee | United, States .Mortgage & Trust
Co.,. New York.
Guaranteed principal and interest by the Ban-
gor & Aroostook R. R. Co. by endorsement.
Organization. ‘and ‘Control—Incorporated in
Maine in 1904 and in 1905 was leased for 999.
years to the Bangor & Aroostook R. R., which
owns the entire oe stock.
Secured by first mortgage at the rate of
$82,800 per mile on (7) 57 miles of road comprising
the main line from a connection with the Bangor
& Aroostook at South Lagrange to Searsport, Me.,
and branches, together with terminals at Cape
Jellison Harbor, Me.
Net Earnings, 6/30/14, Demir
Aroostok $1,441,651
1 '235,920
.,, Mass., Mizh., Minn. and
Legal for Fla., M
H
Original Market—$800,000 offered Feb., 1906,
by Brown Bros. & Co., New York, Philadelphia,
etc., and Jackson & Curtis, New York and
Boston, at 1144 and interest.
Market.
Boston—Adams & Co., Geo. A. Fernald & Co.
New York—A. B. Leach & Co.,' Burgess, Lang
& Co., Brown Bros. & Co.
Portland, Me.—Chas. H. Gilman & Co.,
Maynard S. Bird & Co. spas
NORTHERN MASSACHUSETTS STREET
roe CO. 1st & Ref. 5s,,..Due May 1,
Dated May 1, 1913. Interest payable May
and Nov. 1 at office ot wee
-Authorized—$5, 000
Outstanding—$315, 00.
, Denomination—Coupon, $1, ,000.
as to principal.
Trustee—American Trust Ca., Boston.
- Redeemable on any interest date on a 44%
asis.
Organization and Contrel—Incorporated in
Mass. in 1894 as the Athol and Orange St.- Ry,
and assumed present titl. in 1913. Entire stock’
of company owned by the Massachusetts Con-
sdlidated Railways. .
‘Secured by mortgage on 48 miles of track in
Orange, Athol, Templeton, Winchendon, Gard-
ner, ‘Westminster and Fitchburg. Population
served, 80,000."
Prior Liens——$60, 000 Athol & Orange St. Ry.
1st 5s due 1915. and $185,000 Gardner, West-.
minster’ & Fitchburg St. Ry. 1st 5s due 1920, for
the retirement of which bonds of this issue have
been reserved.
Registerable
Net Earnings, 6/30/14. . secs $65,885
MCG OS$ a acc isasnct gy tcerava'wineianerees nese cos 44,940
Original Market_Ofercd Oct., 1913; by
Warner, Tucker & Co., Boston, ete., at 95 and
interest.
Market. :
Bangor—L. C. Tyler & Sons Co., Inc.
Boston— Warner, Tucker & Co.
NORTHERN MISSISSIPPI RIVER POWER
CO. 1st 5s. Due June 1, 1938.—N.
Dated March 15, 1913. Interest payable June
and Dec. 1 in New York and Chicago.
Authorized—$2,500
Outstanding—$2,2 ie 000.
Denomination—Coupo is
Registerable as to principal.
i Pe Da a a 2) Shar
*Redeemabl Chicago.
emable at 10234 and interest on any
$500 and $1,000.
& Commercial Trust &
504
interest date after June 1, 1914, on 30 days’
notice.
_ Sinking Fund—Under the trust’ deed the
eompany is required to set aside from the rentals
recelved from the Minneapolis General Electric
Co. such sums as shall aggregate on June 1, 1938,
the authorized amount of this issue. Lease can-
not be modified except with the consent of the
Trustee, and then only if the Minn. General Elec.
Co. assumes these bonds.
Organization and Control—Incorporated in
1913 in the interest of the Minneapolis General
Electric Co. to construct a hydro-electric plant
to meet_that company’s increased demand for
power. Property is leased te the Minn: Co. for 48
years at a rental of seven mills per k.w. hour of
current generated, but following minimum rentals
are provided: $125,000 per annum 1914~18; $175,-
000, 1919-21; $225,000, 1922-25; $250, 000;
1926-29; $275,000, 1930-88 and $825,000' per
annum to termination of lease. These rentals
are sufficient to pay interest on this issue and
principal at maturity. Entire stock of Jessee is
owned by the Consumers Power Co.
Management—H. M. Byllesby & Co.
Secured by first mortgage upon entire property
of company including a new hydro-electric
plant, comprising power house, ' retainin| “section:
and dam at ca Rapids, -Minn.’ ‘Company
operates under U. S. Government permit extend-
ing to 1961. ,
ings, 12/31/14, Minn.
$1,212,948
Moga 151,108
Original Market—Offered. 3 by H. F.
Bachman & Co., Philadelphia, iat BB ‘and interest.
arket.
New York—Beyer & Co., H. M. B nee &
Co., H. D. Robbins, Gude, Winmill &
Philadelphia—H. 'F. Bachman & Co
Boston—E. M. Farnsworth & Co. ,
Hartford—Conning & Co.
‘ Calan Spencer Trask & Co., H. M. Bylles-
ry.
Minneapolis—Stevens, Chapman & Co.
NORTHERN NEW YORK UTILITIES,
1st & Ref. 5s. Due July 1, 1963.—
Tax exempt in New York ‘State.
Dated July 1, 1913. Interest payable Jan. 1
and July 1, at First National Bank, New York
City, or Northern New York Trust Co., Water-
town, N. Y.
Authorized—$10,000, aie
Outstanding—$678,0
Dosomiaton-Conpan, $1,000. |
as to principal only.
Trustee—Columbia Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—A sum equal to 4 of 1%,an-
nually from July 1, 1916, to 1938, and 1% per.
annum thereafter, “of outstanding bonds, to be
applied to the purchase or redemption of bonds
at not exceeding 105 and interest.
Improvement Fund—At least 7% per annum
of gross earnings are’to be applied to improve-
ments or additions, for which no bonds are to be
issued.
Organization—Incotporated in New York in
19138 and absorb: “the Watertown Light &
Powe, .Co. in.1914.-..
Secured by a’ first mortgage on a hydro-
electric plant and 38 miles of transmission lines
and distribution systems supplying Sackett’s
es
Registerable
Harbor, Carthage and other towns in Notthern,
New York, and supplying current to companies
distributing electricity in Adams, Edwards and
other towns. Further secured by a second
mortgage on plants distributing gas and electric-
ity in Watertown, N. Y. The hydro-electric
plants covered as a first mortgage include those
which generate over two-thirds of the power
used by the company. The property of the
595
company has beer valued’ by” ‘the. Public Service
Commission of the Second ‘District of | State of
New York, at $3,100,000.
peer Lien—$1, 654, 500 Watertown Lt. & Pr.
8} 3.
Net Earnings (12 mos.), 2/28/15 $246,416
Interest (on present debt)..... 116,625
Original Market—-Offered in “March, isis, by
E. H. Rollins & Sons, Boston, New York, Phila-
delphia, etc., at 94 and interest.
NORTHERN OHIO RAILWAY co.
Due Oct. 1, 1945.—F.
See Map 42.
* Dated ‘October 4, 1895. Interest payable
ore and Oct, 1, at ‘Chase National Bank, New
ork. -
‘ “Authorized—$4,000,000 at the rate of $15,000-
per mile.
Outstanding—$2,500,000.
Denomination—Coupon, ‘$1, 000. Registerable-
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed principal and interest by endorse-
ment by the Lake Erie & Western Ry.
Organization and Control—Incorporated in.
Ohio in 1895 as successor to the Pittsburgh,
Akron & Western R. R. Entire stock is owned’
by the Lake Erie & Western R. R. to which the
Property is leased for 999 years. Entire stock of
Ist 5s.
the L.E. & is owned by the Lake Shore &
Michigan Southern Ry.
‘Secured b St mortgage at' the rate of
$15,600 per rata ‘on (4) 162 miles of road from:
Akron to Delphos, Ohio.
Net Earnings, 6/30/14, L. E. &
“_ W.R.R wd ere
.R. $628,125
Rentals. . 197,891
Interest. 639,074"
Legal for Me. and Mo.
Listed on the New York Stock Exchange.
Original Market—$2,500,000 offered by Ver-
milye & Co., New’ York, Oct. ay 1895, at 103 and!
interest. '
Market.
New York—Coffin & Co., ‘Woodbury & Middle.
dith, Clark, Dodge & Co., Hornblower & Weeks
McGeorge & Vanderhoef, Newborg & Co.
(THE) NORTHERN OHIO TRACTION |
HIGHT Oo. 1st Cons. 4s and 5s. Due Jan. i
Dated January 1, 1903. Interest payable Jan.
and July 1, at New ene a Cleveland, Ohio, -
Authorized—$7, 500
Outstanding—$2, 100, 0, $1,000,000-5s,
Pledged as Collateral, $
, Denominatic eee a out. ‘Registerable
as to. principal l.
Trustee—Citizens’ Savings & Trust Co.
Cleveland, Ohio.
Organization—See Coll. Tr. 6s below.
Secured by mortgage on 233 miles of track
extending. from Cleveland through Akron,
Canton, Massillon and New Philadelphia to-
Uhrichsville, with branches to Kent, Ravenna,
Wadsworth, Barberton and East Greenville
and electric ‘light plants in Akron and Barberton, -
together with 1,000 acres of coal lands in Noble
County, Ohio. Electric lighting franchises are
perpetual, a large part of the railway. mileage is
on private right of way a franchises are either.
perpetual or extend to 1924.
Prior Liens—$2,700,000 Northern Ohio Trac-
tion Co. ist Cons. 5s of 1919, and $300,000 Akron,
Bedford & Cleveland R. R. 1st 5s of 1915, for.
the ee of which, bonds of this issue have -
been reserved.
‘et Earnings, 12/31/14 ih See NG $1,398,656
[nterest id csiceniigs see Sotiides ips teats s
Listed on the Cleveland and Cincinnati Stock.
Exchanges.
‘Original Market—$1,500,000 offered by Hay--
den, Miller & Co., at par, Sept., 1913.
: ae
Cleveland—Roland T. eacham, Hayden,
Miller & Co., Borton & Borton, W. S. Snyder &
Ca.
Philadelphia—Geo. N. Fleming.
New York—W. E. Hutton & Co., Dewing & Co.
Rauscher & Childress, John D. Curtis & Co.
5 _ Market—5s.
. New York—W. E. Hutton & Co., Dewing & Co.
Perry, ‘Coffin & Burr, Join D. Curtis & Ca.,
Rauscher & Childress.
Cleveland—Borton & Borton.
Cincinnati—Claude Ashbrook & Co.
(THE) NORTHERN OHIO TRACTION &
LIGHT CO. Coll. Tr. Serial 6s. Due
annually $100,000 Nov. 1, 1914, 1916..and
$100,000 on May 1 and Nov. 1, 1917-1922,
Dated Aug. 1, 1909. 1 ble Feb.
ate ug. 1, « Interest payable Feb.,
May, Aug. and Nov. 1, at First National Bank,
New York, or Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,400,000.
Balance Retired.
Denomination—Coupon, $1,000. :
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, O.
Redeemable at 101 and interest.on any interest
date in inverse order of numbers and maturities.
Organization—The company was incorporated
in Ohio in 1902, as successor to the Northern
Qhio Traction-Co. Controls the Canton-Akron
Consolidated Ry. and owns the entire capital
stock of the Akron, Wadsworth & Western Trac-
tion Co. : i é
ecusen: by deposit of $1,100,000 Northern
Ohio:Traction & Light Co. 4s of 1933, $1,000,000
Tite wee Cons. By Co. 5s of 1933, $200,000
Akron, Wadsworth & Western Traction Co. Ist
5s of 1933. ‘
Franchises and, Earnings—See above. .
Original Market—-First offered in April, 1909,
by Hayden, Miller & Co., Cleveland, Ohio, at par
and interest.
NORTHERN. OHIO: TRACTION CO. Ist’ Cons:
3. me July 1, 1919,—KF:. 4 ce,
Dated July 1, 1899. Interest payable Jan.
and July.1, at, Trustee's office, New York,. or
Citizens’ Savings & Trust Co,, Cleveland.
‘ Authorized ‘and Outstanding—$3,000,000..
_Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization—The company was organized in
1899, as a consolidation of the Akron, Bedford &
Cleveland R. R. Co. and the Akron Traction
& Electric Co., and in 1900 pacciased the Akron
& Cuyahoga Falls Rapid Transit:.Co., and in
1902 was succeeded by the Northern Ohio
Traction & Light Co.
Secured by first mortgage on 104 miles of
electric railway, including the street railways of
Akron, Ohio, and interurban lines from Cleve-
land to Akron, Akron to Kent, Ravenna and
Barberton, and electric light plant’ in Akron.
Between the Southern City limits of Cleveland,
and Cuyahoga Falls, 23 miles of track are oper-
ated under franchises. and 31 miles on private
right of way. Of the mileage operated under
franchise, 1114 miles are under perpetual fran-
chise, franchises for nine miles expire in 1919
and for three miles in 1931. Between Ravenna
and Akron 18 miles of track are operated under
franchises, of which 10 miles are operated under
franchises expiring in 1917, 1918 and 1919, and
the balance under franchises expiring between
1920 and 1926, and 414 miles are on private right-
of way.
Underlies—$2,400,000 Northern Ohio Trac-
tion & Light 1st Cons. 4s and 5s which provide
for the retirement of this issue, and $1,400,000
notes.
et Earnings, 12/31/14.... $1,898,656
nterest.... fs ng .
_ This issue...........4, . _ 420,899
Listed on the Cleveland, Cincinnati and
Philadelphia Stock Exchanges.
Original Market—$1,800,000 offered Jan.,1901,
at 101 and interest by Lamprecht Bros., Cleve-
land; W. E..Hutton & Co., Cincinnati and New
York and Moore, Baker & Co., Boston.
Market.
Cincinnati—-W.. E.. Hutton & Co., Chas. C.
Murray & Co., Claude Ashbrook & Co.
Cleveland—Hayden, Miller & Co., Roland T.
Meachan, Borton & Borton. :
Philadelphia—Sam. K. Phillips, Reed &
Huntoon, M. M. Freeman & Co., Oscar R. Dare,
R. M..Stinson & Co., Elkins, Morris & Co.
New York—W. E. Hutton & Co., A. D. Con-
verse &,Co., Dewing:& Co., Rauscher & Childress.
Baltimore—J. S. Wilson, Jr., & Co.
Chicago—Hulburd, Warren .& Chandler.
NORTHERN ONTARIO LIGHT & POWER CO.
1st 6s. Due April 1, 1931.
Dated April 1, 1911. Interest_payable Jan.
and July 1, at Bank of Toronto, Toronto, Ont.;
Bankers’ Trust Co., New: York; and W. P. Bon-
bright & Co., London, Eng.
Authorized—$15,000,000.
Outstanding—$4,557,000.
Held in Treasury—$1,500.
Retired by Sinking Fund—$321,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. i
‘Trustee—Toronto General Trusts Corporation,
Toronto, Ont. A
Redeemable on any interest date at par an
interest.
Sinking Fund—244% per annum of bonds
issued from Oct. 1, 1912, and 6% on all bonds
redeemed. ee
Organization—Incorporated in Ontario in
1911 and has acquired the properties of the
Cobalt Power and subsidiary companies, the
Cobalt Light, Power & Water Co., Ltd. and the
British Canadian Power Co., Ltd.
Secured by a first mortgage on the-entire prop-
erty ofthe company, including a hydro-electric
plant of 4,000 h. p. on the Montreal River, six
miles from Cobalt, Ont., and six auxiliary plants
of a total capacity, of 6,000 -h. p. together with
dams, compressed air installations, buildings,
machinery and transmission lines. The com-
pany furnishes electricity and compressed air in
the Cobalt mining district and vicinity and serves
a population of 20,000.
Net Earnings, 12/31/14......... $644,843
Interest in ciica scetas gaa eee noes 273,360
Original Market—$2Z,000,000 underwritten by
Coates, Son & Co. and British Elec. Trac. Co.,
London, and Hanson Bros., Montreal, Oct.,1912.
ffered in January, 1915, by A. D. Converse
& Co., New York at 88 and interest.
Market.
New York—Wnm. P. Bonbright & Co., Gwynne
Bros., A. D. Converse & Co., Berdell Bros.,
Bigelow & Co., Dominick & Dominick, Beyer &
Co., S. L. Snowden, J. H. Howell & Co., Gude,
Winmill & Co.
Montreal—Hanson Bros.
Philadelphia—Oscar R. Dare.
NORTHERN PACIFIC-GREAT NORTHERN
(falar) C., B. & Q. Coll. Tr. 4s. Due July 1,
Dated July 1, 1901. Interest payable eouport
Jan. and July 1, at J. P. Morgan & Co., New York
and in Berlin at the rate of 4.2 marks per Dolar.
Registered, Jan., April, July and Oct. 1.
Authorized Issue Twice Par Value of C., B.
& Q. Stock—$222,400,000.
Outstanding—$215,227,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
596.
tered, $1,000, $5,000 and multiples of $5,000.
Cc. & R. interchangeable. ® j
Trustee—Guaranty Trust Co., New York.
Redeemable in amounts of $1,000,000 and
‘over, at 105 and interest on any interest.date, all
coupon bonds to be redeemed before registered.
‘Security—A direct obligation of the Great
Northern Ry. Co. and the Northern Pacific Ry.
Co. and secured by deposit with Trustee of
$107,613,500 Chicago, Burlington & Quincy R. R.
Co. stock at the rate of $500 of stock for $1,000
bond. Dividends are being paid on this stock
at the rate of 8% per annum. .
Each of the companies is obligated primarily
for one-half of the outstanding bonds, but in case
of default by either, the other company becomes
the sole owner of the total depdsited shares and
becomes solély obligated for the whole issue of
these bonds. Undee the terms of the mortgage
the companies agree that any further C. B. & Q.
stock that may be issued shall be deposited
proportionately.
The lst & Refdg. Mtge. of the Great Northern
Ry. Co. contains the following clause: “The
Great Northern Ry. Go., anything in this in-
denture contained to ‘the contrary notwithstand-
ing, now and hereby includes in the debt secured
by this mortgage or deed of trust, any balance
that the Great Northern Ry. Co. shall be bound
to pay on aceount of the said indenture to the
Standard Trust Co. of New York (the, original
trustee under this indenture) of date July 1,1901,
after the application of the stock pledged under
the said last mentioned indenture. The Refdg. &
Impvt. Mtge. of the Northern Pacific Ry. Co.
contains a clause of similar import, so that these
-bonds are now, to all intents, equally secured
as to payment of principal, with the two mort-
gages mentioned above on the property of the
‘Great Northern Ry. Co. and the’ Northern
Pacific Ry. Co.
Refaunding—An equal amount of Great Nor-
thern Ry. Ist & Ref. 4148 has been reserved to
retire this issue.
Legal for N. H. and R. I.
Listed on the New York and Boston Stock
Exchanges.
Market—Underwritten by J. P.
Original
Morgan & Co.
Market.
New York—Rhoades & Co., Harris, Forbes &
Co., Ambrose R. Clark, H. N. Whitney & Sons,
Redmond & Co., Seasongood & Haas, Crawford,
. Patton-& Cannon, Curtis & Sanger, Pendergast,
Hale & Co., Potter, Choate & Prentice, Freeman
& Co., Guaranty .Trust Co., Newborg & Co.,
Jackson & Curtis, H. P. Taylor & Co..
Boston—N. W. Harris & Co., Curtis & Sanger,
Paine, Webber, & Co., Geo. A. Fernald & Co., E.
H. Rollins & Sons, Edgerly & Crocker, Tucker,
Anthony & Co., Parkinson & Burr, W. L. Ray-
mond & Co.
Chicago—Harris Trust & Sav. Bank, C. F.
Childs & Co., Union Trust.Co. -
.Minneapolis—Minn. Trust Co.
Pittsburgh—H. P. Taylor & Co.
Omaha—City Trust Co.
Buffalo—H. P. Taylor & Co.
NORTHERN PACIFIC RAILWAY CO.
ncorporated in 1896 as successor to the
“Railroad” company of the same name. The
company owns 6,500 miles of road, of which 550
miles are double-tracked, from Minneapolis and
St. Paul, Minn., to Portland, Ore., and Seattle,
Wash., and branches to Duluth, Minn., and
numerous other points in Wisconsin, Minnesota,
North: Dakota, Montana, Idaho,. Oregon and
Washington. Through stock ownership or lease
phe-company controls 435 miles of road addi-
tional. - :
Equally with the Great Northern Ry. Co. this
company owns practically the entire capital stock
of the Chicago, Burlington & Quincy R. R. Co.,
owning and operating more than 9,100 miles of
toad, between Chicago and St. Paul, Minne-
apolis, Omaha, Kansas City, Denver and Bill-
ings, Mont., where connection is made with the
‘Northern Pacific Railway -Cé., and controlling
Tusds extending from Wyoming to the Gulf of
exico.
In 1914 the company acquired the Gilmore &
Pittsburg R. R. extending 103 miles from Arm-
stead, Mont. to Gilmore, Idaho. The construc-
tion of the road is reported to have cost $15,-
006,000. By building some additional mileage
this road can be utilized to shorten the through
line of the Northern Pacifie Ry. Co. about 140
Diiles.
- The Northern Pacific Ry. Co. has outstanding
$248,000,000 stock. Dividends ‘have been paid
on this stock annually.since 1899, and since 1904
the rate has been 7% ‘per annum.
The company has outstanding, secured on ‘the
6,500 miles of road which it owns, $212,000,000
bonds at the rate of $32,600 per mile. For a
long petiod of years the annual net income has
been in excess of three times the interest on the
entire funded :debt.
Years ended June 30. 1913-14 1912-13
Gross Earnings. $68,544,802 ‘$42,676,189
‘WNet.Earnings..... 27,072,749 28,002,841
fet Income...... 27,986,658 28,988,508
interest.......... 9,719,516 6,837,685
Miscellaneous..... 611,895 1,287,303
Dividends........ 17,360,000 17,860,000
Surplus........... $2,295,247 $3,453,518
NORTHERN PACIFIC RAILWAY CO. St. Paul-
_ Duluth Div. 4s. Due Dec. 1, 1996.—F.
See Map 92.
Dated Fane 15, 1900. Interest payable June
‘and Dec. 1, at J. P. Morgan & Co., New York.
' Authorized—$20,000,000.
+ Outstanding—$8,080,000.
Ptr a by Sinking Fund and cancelled—
839,000. .
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
*$1,000.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—Proceeds from sale of all lands
eovered by the Northwestern Improvement
Bonds are to be applied to the purchase and
redemption of this issue at not exceeding 105 and
interest, bonds so acquired to be cancelled. -
not so purchasable to be applied to betterments
and additions to the mortgaged property. ‘
Secured by a third mortgage on (7) 17 miles
of branch road from junction withthe ‘mainline to
Grantsburg Minn., subject to prior liens at the rate
of $14,200 per mile and a fourth mortgage .on
(4) 226 miles of road from St. Paul to Duluth,
Minn., and branches, subject to prior liens at
the rate of $19,000 per mile. These bonds are
outstanding at the rate of $33,200 per mile.
Further secured by pledge of the ‘entire issue
of Northwestern Improvement Co. Debenture
Bonds, covering the lands granted'‘to the St.
Paul & Duluth R. R. As these lands are sold
and proceeds applied in accordance with the
provisions of the Sinking Fund an_ equal
amount of Debentures is cancelled. The
original issue amounted to $4,000,000, of which
$2,339,000 ‘have been cancelled. Also secured
by plecee of $25,000 of the $300,000 stock of the
Duluth Union Depot & Transfer Co. -
Prior Liens—$1,000,000 St. Paul & Dul. 1st 5s
due. 1981, $2,000,000 2nd 5s due 1917, and
$1,000,000 1st Cons. 4s due 1968.
Legal for Minn., N. H., R. I. and N. Y.
Listed on the New York Stock Exchange.
; Market. . a St
New York—Percy H. Bradshaw, Struthers &
Hiscoe, Coffin & Co., Redmond & Co., Gilman &
Clueas, Low, Dixon & Co., A. S. H. Jones,
Dominick Bros. & Co.
597
“NORTHERN PACIFIC RAILWAY CO. .Prior
Lien 4s. Due January 1, 1997.—F.
See Map 92.
Dated November 10,1896. Interest payable
"quarterly, Jan., Apr., July and. Oct. 1, at J.-P.
Morgan & Co.,:, ew. York, and in Berlin at 4. 20
-Maarks per dollar.
= : Authorized—-$1380,000,000. 4
., Outstanding—$11,652,500.
Cancelled by. Sinking Fund $7, pene. é:
‘Denomination—Coupon, $1,0 and $500.
“Registerable as to principal, or iy registerable.
rRegistered, $100 and multiples. sie al
cv! ‘Trustee—Bankers’ Trust. Co.,.New York.
Sinking Fund—Annually one-half of the net
.Proceeds from the sales of lands granted but not
vexceeding $500,000, for: the purchase of these
‘bonds at not over 110; bonds so purchased to be
cancelled. Ifnotso purchasable, amount is to be
“applied to the purchase and cancellation of Gen.
‘Lien 8s at not over par.; The other one-half of
said net proceeds, and any excess over $500,000,
visto. be set aside annually by Trustee as a cash
:fund to be used, by company for construction or
acquisition of securities of controlled companies.
Secured by a first mortgage on (1) 5,945 miles
of road from Ashland, ‘Wis. and Duluth, Minn ,
‘via Tacoma to Sumas and Seattle, Wash. +, and
.Vancouver, Wash., across the Columbia: River
-from Portland, Ore., and on numerous branch
“tines, a first collateral lien on (2). 145 miles of
road from Brainerd to Northome, Minn,, and a
-second mortgage on (3) 180 miles of road from
“St. Paul to Brainerd and Staples, Minn., subject
to a prior lien at the-rate of $48,800 per mile.
-These. bonds are ‘outstanding on the;above road
which includes the entire.main line of the. North-
ern Pacific Ry. at the rate of $18,500 per mule.
‘Further secured. by a first lien on ‘$150,
Duluth Union Depot & Transfer Co.;... e700
Minn. Transfer Ry. Co.; $100,000 Nor.,,Pac.
Coal Co.; $348,000 ‘Nor. Pac. Express Co.;
-$50,000.. Winnipeg Transfer Ry: Co.; $50,000
St. Paul Union Depot Co.; $121,000. Portage &
-N. W. Ry. Co.
© -Prior Lien $7, 887,000 St. Paul & Nor. Pac.
‘Ist 6s due 1923, for the retirement of which, bonds
of thisissue have been reserved.
+! Underties—$76,600,000 General 3s due. 2047,
vand Rfdg. & Impvt. 44a, which provide for the
retirement .of this issue.
Legal for Cals) Conn., Mass., Mich., Minn,
N. HN. J.,N. Y., R. 1, Vt..and. Wis.
. Listed onthe New. York and | Philadelphia
Stock _Exchanges. Rpsbilei:
. New York—Struthers & Hiscoe, J.S. Bache &
‘Co., L. M. Prince & Co., Bull) & Eldredge,
.Folsom & Adams, Harris, Forbes & Co., New-
borg & Co., Effingham Lawrence & Co., New-
burger, Henderson & Loeb, Beverly Bogert ;&
o., Hartshorne & Battelle, Alexandre & Burnet,
Gude; Winmill & Co., Wood, Struthers & Cow
‘Mabon & Ca., Seasongood & Haas, Tobey &
Kirk, Hodenpyl,, Hardy & Co.
-Cincinnati—A. E. Aub & Co. tt
Baltimore—Mercantile Trust & Deposit Co.
s Philadelphia—E. B. Smith & Co., Graham, &
‘Co.
pboston—F. Ss. Moseley & Co., Parkinson &
Chicago—N. W. Halsey & Co., Harris Trust
& Savings Bank, Hodenpyl, Hardy & Co,
Minneapolis—Stevens, Chapman & Co.
NORTHERN PACIFIC RAILWAY CO. Gen.
Lien 3s. Due Jan. 1, 2047.—F.
See Map 92,
Dated November 10, 1896. Interest payable
quarterly, Feb., May, Aug. and Nov. 1, at J. P.
Morgan & Co., New York, and in Berlin at 4. 20
amare per dollar.
Authorized—$190, 000,000.
Outstanding—$54,601,500.
4 Held in Treasury—-$5,398,500. :-
Denomination—Coupon, . $1,000 and "$500.
Registerable ‘as to: principal only, or fully regis-
tterable. Registered, $100 and multiples. |.
i, Trustee—Farmers’ Loan & Trust -Co., New
ork.
Sinking Fund—The palance, ‘(which cannot
_exceed $500,000 per.annum) remaining unapplied
under the Sinking Fund provisions of the Prior
“Lien 4s incase they are not purchasable up to
‘110, will be oa ‘to the purchase and cancella-
tion of these bonds at not. over par, or if -not
obtainable at that price- to the purchase -of
-seeurities legal for New York Savings Banks.
Secured »by second, mortgage on (1) 5,945
-miles of Toad from Ashland,..Wis., and Duluth,
Minn., via Tacoma to Seattle and Sumas, ‘Wash.,
and Vancouver, Wash., across: the Columbia
River from Portland, Ore., and a second. col-
lateral lien on,{2) 145 miles of road from Brainerd
to Northome,: Minn., subject to a prior lien at
the rate of $18,500 per mile, and a third mort-
gage on (3) 180. miles of road from St. Paul to
‘Brainerd and Staples, Minn., subject to prior.
liens’ at the rate,of $61,800. per mile. These
bonds | are outstanding at the rate of $8,700 per
‘mile. Further secured by a second. lien on the
ae deposited under the Prior Lien Mort-
ee prior Liens—$7, 887, ,000 St. Paul & Nor. Pac.
1st 6s. due 1923, and $111,650,000 Nor. Pac.
‘Prior Lien 4s due 1997.
wo ,000,000 Ref. & Impvt. 4s,
AT.
Legal for Gonn., ‘Mich., Minn., N. H., N. J.,
.Y., R. I. an ‘is.
Listed on the New. York, Boston and Phila-
delphia Stock Brehaneee. "
Market.
New York—A. E. Fitkin & Co., 4 Hewbore &
Co., Beyer & Co., Harris, Forbes & Co., L. M.
Prince & Co., , Jacobson : .& Friedman, Bigelow &
Co., Seasongood & Haas, Mabon & Co., H. N,
‘Whitney & Son, Wood, Struthers & Co., Red-
‘mond & Co., Struthers & I Hiscoe.,
., Boston—N. W..-Harris & Co.
Chicago—Harris Trust & Savings Bank.
NORTHERN PACIFIC RAILWAY CO. Ref. &
pape Mtge. 4748, Series A. Due July 1,
See Map 93. _ - a
Dated Faly 1, io1d, Interest payable Jan. 1
and July 1, at office of Company, 34 Nassau St.,
‘New York ‘City.
Authorized—Limited to an amount which,
together with all prior debt, less any of these
bonds reserved for the retirement of such prior
debt, shall not exceed three times the capital
stock then outstanding. ' :
- Outstanding—$20,000,000.:
Denomination—Coupon, $1,000. Registerable
as to panera aay Registered, $1,000, $5,000
and $10,0 C..& R. interchangeable.
# diodmable as a whole in July 1, 1919, or
any interest date thereafter at 110 % and interest.
Secured by a first mortgage on (1) 783 miles
of branch lines,.including many of considerable
importance, a second mortgage on (2) 294 miles
of road from Attalia to Dayton, Eureka Je. to
Pleasantview, Walla Walla to Tracy and Cheney
to Adrian and branch in Washington and Hunts,
Wash., to Pendleton, Ore., and branch, subject
to prior liens at the rate of $6,800 per mile, a
third mortgage on (3) 5,945 miles of road from
St. Paul to Duluth, Minn., Ashland, Wis., via
Brainerd, Minn., Bismarck, N. D., Helena,
Mont., and Spokane, Wash:,'to Sumas, Seattle
and Vancouver, Wash., Winnipeg Jc., Minn., to
fem N. D., ‘Wadena, Minn., ‘via: ‘Oakes,
N. D., to Leeds, N. D., Marshall Je., Wash., to
Lewiston, Ida., and numerous branches and ter-
minals in St. Paul, Minneapolis and other cities,
subject to prior liens at the rate of $31,000 per
598
mile,.a fourth mortgage on (4); 178. miles of road
from St. Paul to Brainerd and Staples, Minn.,
and branch to Grantsburg, subject ‘to prior liens
‘at the rate of $76,700 per ‘mile, and a fifth mort-
‘gage on (5) 226 miles of road. from St. Paul to
uluth’ and branches, subject to prior liens at
the rate of $55,200 per mile. These bonds are
outstanding at the rate of $2,600 per mile. Fur-
ther secured by a first lien on eal of the stock
of the Spokane, Portland & Seattle Ry. Cé.,
owning (6) 497 miles of road from Spokane to
Vancouver, Wash., and branches, subject to
mortgage at the rate of $17,000 pér mile, and a
third collateral Hien ¢ ep ao 179 miles from Brain-
erd to Northome, M
4 Bor Liens—$180, 000, 000 divisional and other
onds.
Legal for Balt., Cal., Conn., Mass., Mich.,
Minn., N. H., N. I, N. Y. R.1., Vt. and Wis.
Original Market--$20, 000,000. offered in July;
1914, by Morgan . & Co., National City
Bank ana First National Bank of .New York
at 97 and interest.
Market.
New York—Wood, Struthers & Co., Craw-
ford, Patton & Cannon, Seasongood & Haas,
L. M. Prince & Co., ;
Chicago—Harris, Winthrop & Co.,
Trust & Savings Bank.
NORTHERN PACIFIC TERMINAL. CO. OF
EN Ist 6s. Due Jan. 1, 1933.—F.
Dated Jan. 1,:1883.. Interest | sredag ee Jan. 1
and July 1, at Winslow, Lanier & Co., New York.
Authorized—$5, 000
Oitelanding:* $3,070,000." op
- Retired by Sinking Fund—$1,253,000.
Denomination—Coupon, $1,000. Registerable
‘as to prineipal.
7 i irae aaa Loan & Trust Co., New
or!
Redeemable at 110 and interest on any interest
date ‘for sinking fund only. ,
. Sinking Fund—Beginning, Jan. 1,.1893, a ‘sink-
ing fund sufficient to retire the entire issue.on or
before maturity. Bonds to be drawn by lot....
Guaranteed jointly and severally as to: eee
and, sinking fund by the Northern Pacific Ry.
Co., the Oregon. R. R. & Neston Co. and
the Oregon & California R. R. Co. (controlled
by the So. Pac. Co.) under terms of lease...
Controlled by. guarantors ‘by ownership of the
entire $3,000,000 capital stock, which is, held by
the Trustee until these bonds are retired.
- Secured by a first mortgage on terminal prop-
‘erty located on the Willamette River near Port-
land, Oregon, comprising 270 acres of land
with warehouses, docks, shops, 39 miles of track,
7,900 feet of dock frontage anda Union Passenger
Station in Portland.
Listed on the New York and Boston Stock
Exchanges.
Market.
New York-—Redmond & Co., Wood, Struthers
& Co.,. Coffin & Co., Bigelow & Co., Foster &
Adams, Sutro Bros. & Co., Fuller & Co., Blodget
& Co., Gilman & Clucas, Struthers & Hiscoe,
‘Crawford, Patton & Cannot, L. M. Prince & Co.
Hartford—Roy. P. Crary.
NORTHERN RAILROAD CO. OF NEW JER-
SEY list 6s. Due July 1, 1917.—N.
. See Map 52. °
Dated Truly 1, 1887. Interest gore Jan.
and July 1, at Erie R. R. omer 50 Church Street,
New-York. °
‘Authorized—$700, 000.
Outstanding—$654, 000.
-Deriomination—Coupon, $1,000, $500 and
Trustee—United States Trust Co., New York.
Guaranteed principal and interest under terms
of the lease by the Erie R. R. Co.
Organization and Control—incorporated in
Harris
599
Néw ‘York ard New J ersey in 1854. In 1899 was
leased during its corporate existence to the Erie
Railroad at a rental covering all obligations and
4% on the $1,000,000 stock.
Secured by* first mortgage at ‘the rate of $30,-
400 per mile on (5) 22 miles of double-track road
from Bergen Junction to Sparkhill; N. Y.
‘ Underlies—$154,000 General 4%, due 2000,
which provide for the retirement of. this issue,
Legal for Conn., Me., Minn., N. H., N. J.
and Wis. _,, =
Market.
New ea Lawrence & Co.,
Wood, Struthers &
NORTHERN RAILROAD CO. OF NEW JER-
4 SEY Gen. 4}4s. Due Jan. 1, 2000.—F.
“See Map 52.
Dated January 1, 1900. Interest. pe ayable Jan.
and July 1, at Erie R. R. attiee, 60 Cc urch Street,
New York.
Authorized—$1,000, 000.
, Outstanding—$154, 000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—United States Mortgage & Trust Co.,
New York.
_ Guaranteed principal and interest, under terms
of lease, by the Erie R. R. Co. See Ist 6s epee
Secured by a first collateral lien on ©) 44
miles of. road from Sparkhill to Nyack, Y.;
being a first lien on the $150,000 Nyack & North-
ern 1st 7s, which cover said mileage; -and}a sec-
ond mortgage on (5) 22 miles from Bergen Jet.
to Sparkhill, N. Y., subject to prior lien at the
rate of $30,400 per mile. These bonds are out-
standing at.the rate of ae per mile...
Legal for Minn., N. N. J. and Wis.”
Prior Liens—$654,000 Northern R. R. of N. J.
1st 6s of 1917. ‘
cut
NORTHERN RAILWAY CO. 1st 5s. Due Oct.
A, eet ad
_ See ‘Map 119
Dated - Bet 1 , 1888. Interest payable April
and Oct. 1, at Company’s office, New York.
‘Authorized—$21,000,000.
Outstanding—$4, 751, 000 (Closed mortgage).
” Denomination—Coupon, $1,000. Registera ie
as to principal or fully registerable.
Trustee—Union Trust Co, New York.
Sinking Fund—$20,000 per annum, beginning
1898, to redeem these bonds or to be otherwise
invested. Bonds of the Southern Pacific System
costing $411,787 and $14,800 in cash were held
in this fund June 30,
Guaranteed | principal’ and interest by the
Southern: Pacific Co. by endorsement.
Assumed by the Southern Pacifie R. R. Co.
Organization and Control—Incorporated in
California, and in 1898 was consolidated into the
Southern Pacific R. R. of Cal., which in 1902 was
merged into the Southern Pacific R. R. Co. The
entire stock of the latter company is owned by the
Southern Pacific Co.
Secured by a first mortgage on (4) 377 miles of
road, at the rate of $12,600 per mile, from West
Oakland to near Martinez, Benicia to Suisun,
Woodland to Tehema, 16th St., Oakland, to
Berryman, Willows to Fruto, Elmira to ‘Rumsey,
Napa Jct. to Santa Rosa; Sacramento to Placer-
ville, Galt to Ione, Woodbridge to Valley Springs,
Cal. :
Underlies—$137,300,000 Southern Pacific R. Re
Refunding 4s, due 1955, which provide for the
retirement of this issue.
Legal for Balt., Cal., Conn., Mich., Minn.,
.d., N. Y., I. and Wis.
. Listed on the New York and San Francisco
Stock Exchanges.
| Market.
_Boston—Eatebrook &. Co.
New York—Sutro Bros. & Co., Byrne &
Pe meneneweubiers & Hiscoe, Wood, Struthers
0.
NORTHERN RAILWAY OF COSTA RICA 1st
5s. Due Sept. 1, 1915
15.
‘Dated Sept. 15, 1900. Interest payable March
and Sept. ‘I, .at Old Colony Truct Co., Boston,
ass,
Authorized—$1,600,000.
*Outstanding—$241,000.
Retired by Sinking Fund—$1,359,000.
Denomination—Coupon, $1,000. .
ustee—Old Colony Trust Co., Boston, Mass.
Redeemable at 105 and interest on any interest
date, or for the Sinking Fund at parand interest.
Sinking ‘Fund—$81,311 per annum to ‘be
a to the purchase or redemption of these
onds.
‘Guaranteed—Interest and sinking fund by the
United Fruit Co.
Organization and Control—Incorpotated in
New Jersey in 1900 and placed: in operation in
1902. Entire stock is owned -by the United
Fruit Co. :
Secured by first mortgage at the ‘rate: of
$4,200.per mile‘on 65 niles of. railroad extending
from Port Limon into the interior of Costa Rica,
largely ‘through the plantations ofthe United
Fruit Co. :
Original Market—Offered by E. H. Rollins &
Sons, at 9754 and interest in Nov., 1900. f
Market.
goa & Sanger, Geo. A. Fernald &
O.
NORTHERN STATES POWER CO. 5-Year Coll.
Lien 6% Notes. Due June 1,1917.—N. .
Dated June 1, 1912. Interest payable Jun
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$5,000,000.
_ Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
. .Redeemable at .102.and interest on any interest
date on-or before June 1, 1914, and at 101 and
interest on any interest date thereafter as a whole
only upon 60 days’ notice.
. Guaranteed principal and interest by the
Consumers’ Power Co. (Minnesota) by endorse-
ment.
. Organization and Control—The company was
incorporated in Delaware in 1909, as a holding
company, and ‘owns all the capital stock of the
Consumers’ -Power Co., :and the Minneapolis
General Electric Co. The-Standard Gas & Elec.
Co. owns $759,500 of the $5,975,000 common and
$607,200 of the $8,386,700 preferred stocks.
Management—H. M. Byllesby & Co.
Secured by pledge of all the $3,375,000 com-
mon stock and $1,000,000 preferred stock (ac-
quired at $200.and $120 a share respectively) of
the Minneapolis General Elec. Co., which operates
the. only public electric light and power system in
Minneapolis, and all the $5,000,000 Consumers’
Power Co. General Mortgage 5s due 1937, which
company either directly or through stock owner-
ship owns and speraire. public utility properties in
15 cities ofthe Northwest. Franchises of Minn.
General Elec. are unlimited as to time. Popula-
tion served by both companies, 750,000.
‘Prior Liens—There are outstanding $11,044,-
000 prior liens to the Consumers’ Power Co. Gen.
5s of 1937, and $7,777,000 Minneapolis General
Electric Co. 1st 5s of 1934.
Net Earnings, combined com-
panies, 12/31/14............ $2,376,872
TRUSREB Cie: isso, Saarcecce SNES BRAY 1,352,158
Original ‘Market—$5,000,000 offered in June,
1912, at 100 and interest by the Guaranty Trust
Co., New York, H. F: Bachman & Co., Philadel-
phia and New York,.and H. M. Byllesby & Co.,
Chicago, New York, ete. a
= Market.
‘Chicago—H.'M. Bylesby & ‘Co., Alfred L.
Baker & Co., E. T. Konsberg & Co. ;
New York—Callaway, Fish & Co., Parkinson
ose Wm. P. Bonbright &'Co., White & Co.,
eckson & Curtis, Guaranty Trust Co., H. N.
hitney & Sons, Gwynne Bros., Gude, Winmill
& Co., Kirkpatrick & Lewis, R. B. Hathaway
& Co., Didrichsen & Co., Berdell Bros., H. M.
Byllesby & Co.
“Philadelphia—H. F. Bachman & Co., Henry
& West,'Chanler *& Co., Oscar R. Dare.
’Boston—Parkinson '& Burr, Edgerly & Crocker.
Providence—John C. Hume & Co.
inneapdlis—-Wm. W. Eastman Co.
St. Louis—John Nickerson, Jr.
NORTHERN TEXAS ELECTRIC CO. Coll. Tr-
58. Due Jan. 1, 1940.—F.
Listed on the San Francisco Stock Bond
Exchange.
Net Earnings, S. F.-O. Term’! Ry.
/ $1,472,842
1,057,500
Original Market—Offered in 1911 by Lund-
borg-Morgan & Co., San Francisco and Los
Angeles.
Market.
Boston—E. H. Rollins & Sons.
San Francisco—Byrne & McDonnell.
New York—J. H. Becker & Co.
OAKLAND TRANSIT CO. Ist Cons. 5s. Due
July 1, 1931.—N.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Wells Fargo-Nevada National
Bank, San Francisco, Cal.
Authorized—$3,000,000.
Outstanding—$1,595,000.
Retired by Sinking Fund—$5,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Mercantile Trust Co., San Francisco,
al.
Sinking Fund—wWill retire es 000,000 of the
bonds before maturity. Began 1
Assumed by the S. F.-O. T. Rys. “Co.
Control—Absorbed March, 1912, by the San
Francisco-Oakland Terminal Rys. Co.
Secured by a first mortgage on about 24 miles
of street and interurban railway and a second on
abo. 80 miles in and around Oakland, Cal.
Registerable
‘Traction Cos.
OCEAN FREIGHT LINE INC.
- ». ‘Equip.
Prior Liens—$1,375,000 Oakland Transit Co.
6s, due 1918, which’ “this mortgage provides to
retire.
Underlies—$1,231, 600 Oakland Trans. Cos,
1st Cons. 5s, due 1932, and $2,134,000 Oakland
Gen. ‘Cons, 5s, due 1933, and
$3,338,000 Oakland Traction Co, Gen. Cons,
Mige. ‘bs, due 1935. Bonds under each of these
mortgages will in turn retire prior bonds’ at
- maturity.
~~ Net Earnings S. F.-O, T. Ry., :
16/80/14 2 ers geresieapeens $1,472,842
ANCEr OSE? cise 5 0H eperscinjs wens 1,057,500
Listed on ‘San’ Francisco “Btoeck and Bond
‘ Exchange.
Original Market—Offered by E. H. Rollins
& Sons, Boston, at 105 and interest.
Market.
‘Boston-—E. H. Rollins & Sons.
New York—E. H. Rollins & Sons, F. H. Hatch
& Co., E. F. Hutton & Co.., -
San Franciseo—Byrne & McDonnell.
'
1st Marine
5s. Due $40, 000 each June 1,
to 1922, inclusive.—.
gunienest payable June 1 and Dee. 1, at Trustee’s
office
Authorized and Issued—$375,000..
Outstanding—$280,000.
Balance—Retired.
Denomination—Coupon, $1,000.
Trustee—Mercantile Trust & Deposit Co.,
Baltimore, Md.
Secured by an absolute’ first mortgage on
three freight steamers costing in cash, over
$750,000, and fully insured. The current
earnings of the company are said to be about
-four times the interest on the bonds after pro-
viding for payment of the Principal of bonds
‘maturing yearly.
* Original Market—$375, 000 offered Oct., 1911,
iat price to yield 5.2%, by 3. Se Wilson, Jr., & Co.,
‘Baltimore.
Market.
Baltimore—Middendorf, Williams & Co.,,
Go. Cook & Co., Mercantile Trust & Deposit
oO.
OCEAN STEAMSHIP CO. OF
1st 5s. Due July 1, 1920.—F.
Dated July 1, 1890. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization—All of this company’s stock is
owned by the Central of Georgia Ry., the entire
stock of which is in turn owned by the Illinois
Central R. R. The stock of the Ocean S. S.
Co. is deposited under the First Mortgage of the
Central of Georgia Ry.
Secured by a first mortgage on certain steamers
and on terminals, lands, snelning about 300
acres of land and 114 miles of river front at
Savannah. Company pays to the Central of
Georgia Ry. 15% per annum on its $2,000,000
stock. Company has the right to substitute
collateral providing new collateral is of equal
value to that withdrawn. The Company owns
the steamers ‘‘City of Montgomery” (6. 200 tons)
“City of Columbus” (5,433 tons); “City of an
Louis” (6,200 tons); “City of Savannah” (5,900
tons); operating between New York and Savan-
nah, Ga., and the ““Nacooche,” “City of Atlanta”
and “City of Memphis” (average 5,252 tons)
plying between ota ae and Savannah.
arket.
New York—Wm. A. C. Ewen, Coffin & Co.,
Gilman & Clucas, F. H. Hatch & Co., Slattery
& Co., Tobey & Kirk, Foster & ‘Adams, J. K.
SAVANNAH
606
Rice, Jr., & Co., Stephen L. Snowden, Kirk-
patrick & Lewis.
Augusta, Ga.—John W. ‘Dickey.
O’GARA COAL CO. Ist 5s. Due Sept. 1, 1955.
-Dated Sept. 1, 1905. Interest payable March
l‘and Sept. 1, at Company’s office, Chicago.
‘Authorized—$3,000,000.
- Outstanding—$2,728,000. -
Retired by Sinking Fund—$272,000.
Denomination—Coupon, $1,000. :
Trustee—Equitable Trust Co., New York.
Redeemable ‘at 105 and interest on any
interest date.
Sinking Fund—Three cents per ton of coal
mined payable in yearly installments on Sept. 1.
Control—The company was placed in the
hands of receivers in 1913.
Secured by 2 mortgage on the entire prop-’
erty of the company, which consists of over
80,000 acres of coal lands (partially leased), in
Saline County; Ill., estimated to contain 550,-
000,000-tons of bituminous coal together with
mines having a daily capacity of 15,000 tons.
Property valued at 35,000,00 ls
Prior Liens—$185,000 Receiver’s 7% ctfs. due
Oct., 1915.
Net Profit, 10/31/12............. $284,102
Interest and taxes............... 154,354
hg Market.
New York—Bigelow & Co., F. J. Lisman & Co.,
J. K. Rice, Jr., & Co., F. H. Hatch & Co., Gilbert
Eliott & éo., Bull & Eldredge, Hotchkin & Co.,
R. F. Westerfield, Burgess, Land’ & Co., Mce-
George & Vanderhoef. - : :
Chicago—Halburd, Warren & Chandler, J. B..
gordy & Co., W. H. Colvin & Co., M. T. Leonard
0. ; ; oy
Scranton—Brooks & Co., E. A. Burke & Co.,
Philadelphia——M. M. Freeman & Co.
GDN. GAS CO. 45-Year Ist 5s. Due May
’
Dated Nov. i, 1900. . Interest pists May
and Nov. 1, at Farmers’ Loan’ Trust Co.,
New, York. _ Ps ?
Authorized and Outstanding—$6,000,000
Denomination—Coupon,; $1,000.
con Loan & Trust Co., New
ork. : 3 eee
Guaranteed as to Principal and interest by the
Peoples’ Gas Light & Coke Co. of Chicago.
Control—Leased for about 34 years from 1907,
by the Peoples’ Gas Light & Coke Co., Chicago.
Secured by’ a first mortgage-on the gas plants’
and properties of the company ‘located wholly
within the city of the company, and by deposit
of .an agreement whereby the Peoples’ Gas™
Light .& Coke Co. pledges to purchase -this
property in 1945 for the sum of $7,000,000 and
to turn the money over to the Trustees ‘of this
mortgage. The franchise expires in 1945. :
~ Net Earnings, P..G. L. &.C. Co., ‘
12/31/14....... - $6,789,505
2,390,600
Interest........ teres WS 3%
fi ed Dept. of the Chicago
Listed on the U
Stock Exchange.
Market. :
' New York—Babcock, Rushton & Co., Tobey
& Kirk, Plympton, Gardiner & Co., J. A. Clark
&'Ca., J. H. Howell & Co. :
-- Chicago—Alfred -L. Baker & Co., John Burn-
ham & Co., W. H. Colvin & Co., First Trust &!
Savings. Bank, Peoples’ Trust & Savings Bank,
Yard, Otis & Taylor, A. E. Butler & Co., Russell,
Brewster & Co., Stanwood, Taylor & Co.,
Curtis & Sanger.
OGDENSBURG & LAKE CHAMPLAIN RAIL-
WAY CO. Ist 4s. Due July 1, 1948.—F.
See Map 18. :
: Dated Dec. 15, 1898. Interest payable Jan.
and July 1, at Grand Central Station, New York.
607
Authorized and Outstanding—$4,400,000.
Denomination—Coupon, $1,000. ‘Registerable
as to principal. .
Trustee—Central Trust Co., New York.
Control—The O. & L. C. R. R was consolidated
into the Rutland R. R. Co., in 1901. The con-
trol of the latter is held jointly by the N. Y. C..&'
H.R. R. R. Co. and the N. Y., N. H. & H. R. R.
‘0.
Assumed by the Rutland R. R. Co.
Secured by a first mortgage on (6) 127 miles of -
road from Ogdensburg ‘to Malone Jet. and
Rouse’s Point, N. Y., forming a connecting link’
between the Great Lakes and Lake Cham-
plain and the Rutland R. R’s. main line. Bonds
outstanding per mile, $34,000.
Net Income, (Rutland R. R.)
12/84/18 isessas dace w eds woes $758,149
Interest... 20.0. cscceecnee Abe ais 554,141
Legal for California and-Maine._ .
Listed on the New York Stock Exchange.
Market.
New York—kE. &. C. Randolph, Coffin & Co.,
Wm. C. Wilson, Percy H. Bradshaw, McGeorge &
Vanderhoef, A. E. Fitkin & Co., E. H. Rollins &
Sons, Curtis & Sanger, Coggeshall & Hicks, F.
H. Hatch & Co., Foster & Adams, Ferris &
Haas, Burgess, Lang & Co., Leonard F. Hepburn.
Boston—F,. W. Mason & Co., E. H. Rollins &
Sons, Walter S. Place, L. Sherman Adams,
Burgess, Lang & Co. - wad
vy
OGILVIE FLOUR MILLS CO. Ist 6s Series
-_ A" Due June 1, 1932:—N.
- Dated June 1, 1902.-: Interest payable June
and Dec. 1, at Bank of Montreal, Montreal,
jue. .
Authorized and Qutstanding—$12,000,000.
Denomination—Coupon, $1,000.
Trustee—Royal Trust Co., Montreal, Que.
- Redeemable on any interest date at 115 and
interest. 5 :
Organization—Incorporated: in Canada in
1902. Business founded in 1801. The com-
pany’s elevators have a combined capacity of
4,195,000 bushels: and warehouses 377,000 bbls.
Mills have a combined capacity of 19,000 bbls.’
per day. : a ,
Secured by a first mortgage on three mills in
Montreal and two mills in Winnipeg.
Net Earnings, 8/31/14.......... $581,944
* Urnterest sels x snc 2 6 eis Ge ae 132,000
’ Dividends............ sie araeneda 340,000
- Listed Montreal and Toronto Stock Exchanges
Montreal—N. B. Stare’ & Co.,
Aontreal—N. B. Star 0., Royal See.
Corp., McCuaig Bros & Co. : ® a
z Torente—A- E. Ames & Co., Murray, Mather
O.
OGILVIE FLOUR MILLS CO.''1st 6s Series
-_ “B.? Due June 1, 1932.—N,
‘ Dated June 1, 1908. Interest payable June
and Dec., at Bank of Montreal, Montreal, Que.
Authorized and Outstanding—$750,000.
‘ Denomination—Coupon, $1,000.
Trustee-—-Royal Trust Co., Montreal, Que.
Redeemable on any interest date at 115.
Organization—See Series “‘A”’ above.
~ Secured by a first mortgage on flour mill loca-
ted at Fort William and on 33 grain elevators
located at various points in Manitoba and Sas-
katchewan, Can. For’ further description of
property see Ist 6s above.
Listed Montreal and Toronto Stock Exchanges
- Original Market—Offered by Bank of Montreal
at 105 and interest in July, 1908.
3, Market. ee
Montreal-—Hanson Bros., N. B. Stark & Co.,
Royal Securities Corp., McCuaig Bros. & Co.
é pee E. Ames & Co., Murray, Mather
Of te F : é
'
OGILVIE FLOUR MILLS CO. Ist Mtge. 6s.
Series ‘‘C.”” Due June 1, 1932.
. Dated Dec. 1, 1913. Interest payable June 1
and Dec. 1 at Bank of Montreal, Montreal.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $1,000.
. Trustee—Royal Trust Co., Montreal, Can.
Redeemable on any interest date as a whole
at 115 and _ interest.
Organization, Earnings, etc.—See Series “A”
and. “B” above.
Secured by a first mortgage on large new mill
at Medicine Hat, Alberta, Can., and on more
than 30 elevators, located in Alberta, Saskatche-
wan and Manitoba.
Original Market—Offered in Jan., 1914, by
Hanson Bros., Montreal, at par and interest.
OHIO & LITTLE KANAWHA RAILROAD CO.
“1st 5s. Due March 1, 1950.—N.
See Map 7. _
Dated March 1, 1900. Interest payable March
and Bept 1, at B. & O. office, 2 Wall Street, New
ork.
Authorized—$250,000.
_ Outstanding—$228,000. An additional $22,-
000 are held unpledged in the company’s treasury.
_Denomination—Coupon, $1,000, $500 and
$100 each.
Trustee—Columbia: Trust Co., New York.
Redeemable at 105 and interest ou 90 days’
notice.
Control—All except a few shares of each class
of stock of the Ohio & Little Kanawha R. R. Co.
are owned by the Baltimore & Ohio R. R. Co.,
and pictked under the latter’s P., L. E. & W. Va.
. AS.
Secured by a direct first mortgage on (5) 72
miles of road extending from Fair Oaks to West
Marietta, Ohio. These bonds are outstanding
at the rate of $3,200 per mile. /
Refunding—B. & O.-Pitts., L. E. & W. Va.
Ref. 4s are reserved to acquire the outstanding
bonds of this issue.
Legal for Balt. d
Market.
New York—Fred. H. Hatch & Co., McGeorge
& Vanderhoef,, W. A. C., Ewen, F. J. Lisman &
Co., Samuel Goldschmidt.
OHIO & WESTERN UTILITIES CO. Ist Lien
58 and 60. Due August 1, 1929.—N.
Dated November 16, 1914. Interest payable
May'1 and November 1 at Chicago Savings
ank & Trust Co., Chicago or New York City.
Authorized—$5,000,000.
Outstariding—$60,000 5s. $565,000 6s.
* Denomination—Coupon, $100, $500 and $1,000
Registerable_as to principal. & ary
* Trustee—Logan Trust Co., Philadelphia, Pa.
Redeemable—6% bonds are redeemable at
110 and interest.
Sinking Fund—1% per annum of bonds out-
standing each August 1, from 1918 to 1920,
1%% from 1921 to 1925 and 2% thereafter,
to be applied to the retirement of these bonds, at
not exceeding 110 for the 6% bonds. mae
Organization—Incorporated in Delaware. in
November, 1914. Controls the Ft. Scott &
Nevada Light, Water & Power Co. and the
Chillicothe Elec. Ry., Light & Power Co. ‘
- Secured by a first lien on the following col-
lateral: ©
‘The entire $450,000 1st mortgage bonds and
$800,000 steck of the Ft. Scott & Nevada Light,
Heat, Water & Power Co., which owns four miles
of street railway in Nevada, Mo., and plants sup-
plying electricity,, water and gas in that city,
and gas in Ft. Scott, Kan., and the territory be-_
tween Nevada and Ft. Scott. Population served
19,000. Franchise for artificial gas (which is not
being supplied) electricity and street. railway in
Nevada expire in September,1918. Water fran-
chise in Nevada ‘expires in 1933, natural gas
in. 1980. Natural gas franchises in towns be-
tween Nevada and Ft. Scott expire between 1980.
and 1932. The company’s’ pipe line between
towns is either on. private-right-of-way or built
under perpetual, franchises.
The entire $75,000 1st mortgage bonds and
$100,000 stock of .the Chillicothe Eleetric
Ry., Lt. & Power Co., which owns the plant
supplying electricity and steam heat in Chilli-
cothe, Ohio, serving. a population of 16,000.
Franchises are perpetual. The company also
owns four miles of street railway for which the
franchise expires in 1918. As the operation of
this road has not proven profitable, and the
company is about to abandon it, no value was
placed on the street railway property. in the
acquisition of the property of this company.
Original Market—$206,000 6s offered in
December, 1914, by Stanwood, Taylor &.Co.,
Chicago, at par and interest.
Market.
Chicago—Stanwood, Taylor & Co.
New York—P. W. Brooks & Co.
Albany, N. Y.—H. T. Prince.
OHIO CENTRAL TRACTION CO. Ist 5s.
June 1, 1919.—N.
Dated June 1, 1899. Interest payable June
and Dee. 1, at New Haven Trust Co., New
Haven, Conn. ;
Authorized and Outstanding—$150,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
od Trustee—New Haven Trust Co., New Haven
onn.
- Control—This company was consolidated in
te pate the Cleveland, Southwestern & Colum-
us Ry. .
Secured by a first mortgage on 29 miles of
line between Mansfield and Galion and between
Galion and Bucyrus. Population served over
Underlies—$250,000 Ohio’ Cent. Tract. Consol.
Mtge. bonds and $945,000 C.,S. & C.
Due
Net Earnings, 12/31/14........3.' $439,484
TNCORESE i iersceisse serge aie ie D teed i 327,946
THIS ISSUE. wise sess vices gneiss He ansnsrere: 268,196
New Haven—H. C. Warren & Co.
Boston—C. E. Denison & Co.
Chicago—Hulburd, Warren & Chandler.
New York—E. & C. Randolph, Dewing & Co.,
C. D. Barney & Co.
OHIO CENTRAL TRACTION CO. Cons. 5s-
_ Due March 1, 1923.—F.
Dated March 1, 1903. Interest payable March:
and Sept. 1, at Cleveland Trust Co., Cleveland,.
oe and National Bank of Commerce, New
ork,
Authorized—$400,000.
Outstanding—$250,000.
Denomination—Coupon, $500. Registerable
as to principal.
Trustee—Cleveland Trust Co., Cleveland,
hio.
_ Redeemable on 30 days’ notice at 105 and
interest.
Control—Cleveland, Southwestern & Columbus
ys
Secured by a second mortgage on property
described under 1st 5s above, which see for
further. particulars.
. Underlies—$945,000 C., S. W. & C. 5s.
Prior Liens—$150,000 1st 5s.
_Net Earnings C., S. W. & C.,
12/81 ihin eaexasesoe ver $489,484
Interest: csxsdine tanner ‘ 327,946
TRIS 1806s cascns Cre svsane cease 280,696
Boston—C. E. Denison & Co.
coo ee & Borton, C. E. Denison
0.
608
»
Chicago—Hulburd, Warren & Chandler.
New York—Leonard, Snider & Co., E. & C.
Randolph, Dewing & Co.
OHIO CONNECTING RAILWAY CO. Ist 4s
Due Sept. 1, 1943.—F.
Tax free in Pennsylvania.
Dated Sept. 1, 1908. Interest payable March
and Sept. 1, at Farmers’ Loan & Trust Co.,
New York.
Authorized—$2,000,000.
Outstanding—$1,989,000.
Retired by Sinking Fund—$11,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
wi oe Loan & Trust Co., New
ork.
Sinking Fund—Annually beginning Sept. 1,
1904, 1% of the bonds outstanding, to be applied
to their purchase and cancellation at not exceed-
ing par. If bonds are not purchasable at this
price fund shall revert to the company.
Guaranteed principal and interest by the
Pennsylvania Co. by endorsement.
Control—Property leased by the Pittsburgh,
Cincinnati, Chic. & St. L. Ry. (Pennsylvania
System) in 1890 for indefinite period. The
rental is the full net earnings. The Pennsylvania
Co. owns the entire stock.
Secured by a first mortgage on a bridge over
the Ohio River not far from Pittsburgh (bridge
used by P., C., C. & St. L. Ry. and Pitts., Ft.
Wayne & Chic.) and upon 9 miles of main track,
4 miles of second track and 30 miles of sidings.
Net Income, 12/31/14.......... . $184,624
Interest sinv sou sci ees eo aeons 85,955_-
Legal for Cal., Conn., Me., Mich., Minn., N. J.,
R. I. and Wis. 7
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—$2,000,000 offered Oct.,
1905, at 10414 and interest by Sailer & Steven-
son, Philadelphia.
Market.
New York—J. H. Becker & Co., Korn, Lehman
& Co., F. H. Hatch & Co., Babcock, Rushton &
Co., Redmond & Co.
Philadelphia—Henry & West, Chas. Fearon
& Co., E. W. Clark & Co., Graham & Co., W. H.
Newbold’s Son & Co., C. C. Harrison, Jr., & Co.,
Elkins, Morris & Co., Reed & Huntoon, Robt.
Glendinning & Co., Sullivan Bros. & Co.
OHIO ELECTRIC RAILWAY CO. Ist & Ref.
5s. Due Jan. 1, 1930.—F.
Dated January 1, 1910. Interest payable
Jan. and July 1, at Trustee’s office, Philadelphia.
Authorized—$15,000,000.
Outstanding—$4,200,000.
Denomination—Coupon, $1,000.
as to principal. 7 2
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 105 and interest Jan. 1, 1915,
or on any interest date thereafter, on 60 days’
notice, as a whole only.
Organization.—Incorporated __ May, 1907
Owns, controls or leases the Lima & Toledo
Traction Co., Lima Elec. Ry. & Lt. Co., Ft.
Wayne, Columbus, Newark & Zanesville Elec.
Ry., Van Wert & Lima Traction Co., Indiana,
Columbus & Eastern Ry., ete. In 1908 The
Cincinnati Northern Traction Co. was acquired
but was subsequently dissolved, the lines re-
maining the property of the Ohio Elec. Ry.
Secured by a mortgage subject to $3,250,000
bonds, which are secured only on certain mileage
of the entire property owned. The total
operated system comprises 617 miles of main
track, covering large portions of Central and
Western Ohio, Lines extend from Toledo (con-
necting with the Detroit United Syst.), via.
Lima, Bellefontaine, Springfield and Dayton to
Cincinnati. There are numerous branches,
jncluding from Dayton to Union City where
Registerable
609
through connections may be made to Muncie,
Anderson and Indianapolis, Ind.; Dayton, Ow
to Richmond, Ind.; Lima, O., to Ft. Wayne, ind:;
Springfield to Columbus, Newark and Zanesville,
together with local lines in various cities men-
tioned and other cities and towns. Passengers,
express and freight are handled. On through
passenger trains parlor, dining and sleeping cars
are used. Electric lighting service is furnished
in Zanesville and Lima and steam heating
business in the latter city.
Prior Liens—$1,250,000 various issues of Lima
Electric Rys. & Lt. Co. (maturing 1916 to 1925)
and $2,000,000 Ft. Wayne, Van Wert & Lima
Trac. Co. 58 of 1930, only $1,430,000, of which
has been issued.
Underlies—$601,700 ($5,000,000 authorized)
Second and Gen. Mtge. 5s.
Net Earnings, 12/13/13........ $1,504,958
Fixed Charges.............0005 1,921,366
Market.
Philadelphia—S. K. Phillips.
OHIO, INDIANA & WESTERN RAILWAY CO.
1st Preference 5s. Due April 1, 1938.—F.
See Map 42.
Dated April 1, 1888. Interest payable Jan.,
April, July and Oct. 1, at J. P. Morgan & Co.,
New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization and Control—The Ohio, Ind. &
Wn. Ry. Co. was reorganized under foreclosure
in 1890 as the Peoria & Eastern Ry. Co. The
latter company is controlled through ownership
of $5,000,900 of its $10,000,000 stock by the
Cleveland, Cinc., Chic. & St. L. Ry. (N. Y.
Central Lines). The latter company is leased
to the C., C., C. & St. L. Ry. Co. until 1940 but
operated separately.
ay Gusrenteod—o# to interest by the C.,C.,C.&
. L. Ry.
Assumed by the Peoria & East Ry. Co.
Secured by a first mortgage on (8) 139 miles
of road extending from Springfield, Ohio, to
Indianapolis and a second mortgage on (2) 199
miles of road from Indianapolis, Ind., to Pekin,
Ill., subject to a prior lien at the rate of $4,900
per mile. These bonds are outstanding at the
rate of $1,500 per mile.
Prior Liens—$985,100 Indiana, Bloomington
& Western 4s.
Underlies—$8,500,000 1st Consol. 4s of 1940,
bonds of which issue are reserved to retire this
ae at maturity and $4,000,000 Income 4s due
90.
Listed on the New York Stock Exchange.
arket.
é New York—Wn. A. C. Ewen, L. M. Prince &
0.
Onto HIGHT & POWER Ist 5s. Due May I,
4.—N.
Dated May 1, 1914. Interest payable May
1 and Nov. 1, in New York City.
Authorized—$30,000,000.
Outstanding—$1,200,000.
Denomination—Coupon, $1,000.
as to principal only.
Trustee—Guaranty Trust Co., New York.
Redeemable on May 1, 1919, or any interest
date thereafter at 105 and interest.
Improvement or Sinking Fund—%% of
amount of bonds outstanding payable annually
from 1918 to 1923 inclusive, 1% from 1924 to
1929, 114% from 1930 to 1935, and 2 % thereafter,
to be applied either to improvements and addi-
tions for which bonds might be issued, or to
retire bonds.
Organization—Incorporated in Ohio in 1911.
Secured by a first mortgage on plants as ly-
ing electricity in the following cities in io:
Registerable
Newark (population 1910, 25,404; Lancaster
(18,098); Tiffin (11,894); Fremont (9,989);
Fostoria (9,597); Mt. Vernon (9,087); Logan
Cee Crooksville (8,028); New Lexington
(2,559); Shawnee (2,280); and New Straitsville
(2,242). The total population served is approxi-
mately 100,000. Company does the street
lighting in all cities excepting Newark.
The cities served are divided into two groups,
Tiffin, Fostoria and Fremont, being located in
the northwest section of the state and the other
cities in the south central section.
Franchises in several cities are unlimited as to
time, elsewhere none expire prior to 1947.
Net Earnings, 10/31/14......... $121,428
Annual interest................ 60,000
Original Market—$1,200,000 offered in Dec.,
1914, by Perry, Coffin & Burr and N. W. Harris
& Co., Boston, Harris, Forbes & Co., New York,
and Harris Trust & Savings Bank, Chicago, at
90 and interest.
Market.
New York—Gude, Winmill & Co.,
Coffin & Burr, Harris, Forbes & Co.
Chicago—Harris Trust & Savings Bank,
Ames, Emerich & Co.
Cincinnati—C. C. Murray & Co.
OHIO RIVER ELECTRIC RAILWAY & POWER
CO. 5s. Due July 1, 1924.—F.
Dated July 2, 1900. Interest payable Jan.
and July 1, at Columbia Avenue Trust Co.,
Philadelphia. 5
Authorized and Outstanding—$315,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Columbia Avenue Trust Co., Phila-
delphia, Pa. ; :
Organization—Incorporated in Feb., 1940 in
Delaware. ‘
Secured by first mortgage on 14}4 miles of
electric railway from Racine to Syracuse, Pom-
eroy and Middleport, Ohio, serving a population
of 15,000. Also a second mortgage on power
plant supplying electricity to Middleport and
Pomeroy, Ohio. Franchise expires in 1925.
Prior Liens—$32,000 Pomeroy & Middleport
Elec. Co. bonds.
Net Income, 6/30/14............ $30,149
Interest and taxes...........+.-- 20,298
Market.
Chicago—Hulburd, Warren & Chandler.
New York—Dewing & Co
OHIO RIVER PASSENGER RAILWAY Ist 5s.
Due Jan. 1, 1957.
Dated Jan. 1, 1907.
and July 1.
Authorized and Outstanding—$1,000,000. _
Organization and Control—A_ Pennsylvania
Corporation. Leased to the Steubenville, Wells-
burg & Weirton Ry. for 40 years to April 1, 1941.
The latter company is owned by the Tri-State
Ry. & Elec. Co., for which company receivers
were appointed in 1913. Lessee may terminate
lease under certain conditions. 7
Secured by a first mortgage on 1134 miles of
double track electrie railway from the Ohio-
Pennsylvania State Line, via Smith’s Ferry, Bea-
ver and Rochester to Vanport, Pa. Population
served, 13,000.
‘ Market.
New York—F. H. Hatch & Co.
OHIO RIVER RAILROAD CO. Ist 5s.
June 1, 1936.—F.
See Map 7.
Dated June 1, 1886. Interest payable June
and Dee. 1, at Baltimore & Ohio R. R. Com-
any’s office, 2 Wall St., New York and at
Paitimere.
Authorized and Outstanding—$2,000,000.
Denomination: —Ceupens $1,000. Registerable
as to principal. 2 e
Trustee Fidelity Trust Co., Philadelphia.
Perry,
Interest payable Jan.
Due
610
Control— Merged with B. & O. R. R. Co.
Secured by a first mortgage at about $11,600
per mile on (6) 172 miles of road from Benwood,
O., (near Wheeling, W. Va.), following the Ohio
River through New Martinsburg, Parkersburg,
etc. to Point Pleasant, W. Va..
Underlies—$2,941,000 Ohio River R. R. Gen.
5s of 1937 and $43,372,000 B. & O., P. L. BE. & W.
Va. System 4s of-1941, sufficient bonds of which
are reserved to retire this issue.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
N. H., N. J., R. 1., Vt. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—A. E. Fitkin & Co., Jas. B. Col-
gate & Co., Coffin & Co., Blodget & Co.; J. S.
Farlee & Co., Bigelow & Co., Keech, Loew & Co.,
Wm. A. Read & Co., Spencer Trask & ‘Co.,
Gilman & Clucas, Hartshorne & Battelle, J. H.
Becker & Co., Wood, Struthers & Co., Whitte-
more, Pell & Co., McGeorge & Vanderhoef,
Redmond & Co.
Boston—Blodget & Co.
Philadelphia—C. D. Barney & Co., Mellor,
& Petry, S. K. Phillips.
Baltimore—J. S. Wilson, Jr. & Co.
OHIO RIVER RAILROAD CO. Gen. 5s. Due
April 1, 1937.—F.
See Map 7. oy
Dated March 10, 1887. Interest payable
April and Oct. 1, at B. & O. office, 2 Wall St.,
New York and at Baltimore.
Authorized—$3,000,000.
Outstanding—$2,941,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Control— Merged with B. & O. R. R. Co.
Secured by a first mortgage on (7) 39 miles of
railroad from Pt. Pleasant to Huntington, W.
Va., and by a second mortgage on (6) 172 miles
of road from Benwood Jct. to Poibt Pleasant,
W. Va., subject to a prior lien at the rate of
$11,600 per mile. These bonds are outstanding
at the rate of $14,000 per mile.
Prior Liens—$2,000,000 1st 5s of 19836.
Underlies—$43,372,000 B. & O., P., L. E.&
W. Va. 4s of 1941, sufficient bonds of which are
reserved to retire this issue.
Legal for Balt., Me. and N. H.°
Listed on the New York Stock Exchange.
Original Market—Offered Nov., 1911, by
Clark, Dodge & Co., New York.
Market.
Philadelphia—Chas. Fearon & Co., Montgom-
ery, Clothier & Tyler, Sam K. Paillips.
Baltimore—W. W. Lanahan & Co., J. S. Wilson
Jr., & Co.
New York—Ladd & Wood, Coffin & Co.,
Bigelow & Co., Clark, Dodge & Co., Guaranty
Trust Co., Percy H. Bradshaw, Knauth, Nachod,
& Kuhne, Newborg & Co., Gilman & Clucas,
Whittemore, Pell & Co., McGeorge & Vander-
hoef, J. H. Becker & Co.
OHIO TRACTION CO. Ist mortgage 5s.
March 1, 1936.—F. @ i"
Dated March 1, 1911. Interest payable Mar.
and Sept. 1, at Fidelity Trust-Co., Philadelphia. .
Authorized and Outstanding—$2,500,000.
Denomination—Coupon and registered, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable as a whole on March 1, 1916,
or any date thereafter, or for the sinking fund
on any interest date at 103 and interest.
Sinking Fund—$55,100 to be applied annually
to purchase of bonds. This will retire the issue
by maturity.
Organization--Incorporated in Ohio in February,
1901. Hassince acquired the entire or nearly all
of the stock of the Cincinnati Traction Co., Cin-
cinnati Zoological Co., Cincinnati Car Co. and a
large interest in the common and _ preferred
Registerable
Due
+
stocks of the Cincinnati, Dayton & Toledo Trac-
tion Co. Furthermore the company leases the
Cincinnati & Hamilton Traction Co. Plans have
been submitted whereby the Cincinnati Traction
Co. will surrender its present franchise to the
city, will give the latter right to purchase the
property in five years, will agree to sell six
tickets for 25e., and will divide earnings with the
city. In return for this a rapid transit loop will
be built by the city at the cost of fully $7,000,000
and the same will be leased at 5% of cost to the
company.
Secured by deposit of the capital stocks of the
Cincinnati Traction Co., the Cincinnati Car Co.,
Cincinnati Zoological Co.,ete. The Cincinnati
Traction Co. operates 227 miles of track passing
through most of the principal streets of the city.
Market.
Philadelphia—Ervin & Co., Drexel & Co.,
W. H. Newbold’s Son & Co., Elkins, Morris & Co.
New York—Pyne, Kendall & Hollister.
OHIO VALLEY WATER CO. ist 5s.
July 1, 1954.—F.
Dated July 1, 1904. Interest payable Jan.
and July 1, at Colonial Trust Co., Pittsburgh.
Authorized and Outstanding—$1,000,000.
.- Denomination—Coupon, $1,000. ;
Trustee—Colonial Trust Co., Pittsburgh, Pa.
Due
Organization—Incorporated April, 1903, in
Pennsylvania. Franchises perpetual. ‘
Secured by a first mortgage on this company’s
property. The company supplies water to Belle-
vue, McKees Rocks, Emsworth and other towns
in western Pennsylvania. Serves about 50,000
population. ewe tsa
Prior Liens—$150,000 Valley Consolidated
Water Co. 5s due 1918 (a merged company.)
: Market.
Pittsburgh—A. E. Masten & Co.
New York—C. H. Hensel.
OKLAHOMA ELECTRIC TERMINAL CO. Ist
534s. Due Dec. 1, 1915.—F.
Dated Dec. 1, 1910. Interest payable June
and Dec. 1, at Mississippi Valley Trust Co., St.
Louis, Mo.
Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo. 4 |
Redeemable on any interest date on 60 days’
notice at 10214 and interest.
Guaranteed—$200,000 as to
Oklahoma Ry. Co.
- eehimed— 820,008 assumed by the Oklahoma
y, Co.
‘Organization and Control—Leased from 1911 to
1921 to the Oklahoma Ry. at $24,000 per annum.
Secured by a first mortgage on a terminal and
transfer station, office building, etc., situated in
the heart of Oklahoma City, Okla.
Net Earnings, O. Ry. Co.,
6/30/14
Interest and taxes
interest by
$297,453
269,721
Market.
St. Louis—Francis Bro. & Co.
New York—Harris, Forbes & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Co.
Due Oct. 1, 1922.—N. _
Dated Oct. 1, 1912. Interest payable April 1
and Oct. 1, at Cont’l & Com’! Trust & Savings
Bank, Chicago.
Authorized— $3,000,000.
Outstanding—$228,500.
Denomination—Coupon, $500.
as to principal.
Trustees—Cont’l & Com’l Trust & Savings
Bank and Frank H. Jones, Chicago. _
Poneereable at 101 and interest on six week’s
notice,
Registerable
611
Security—These bonds are not secured by any
mortgage but are a direct obligation of the com-
pany. See above for description of property.
Prior Liens—$2,563,000 1st 5s of 1929.
Original Market—Offered in Oct., 1912, at
par and interest by H. M. Byllesby & Co., Chi-
cage, and George Koehler & Co., Cincinnati,
io.
Market.
Chicago—H. M. Byllesby & Co.
Boston—Walter S. Place. é
ner York—A. E. Fitkin & Co., H. M. Byllesby
0.
Cincinnati—George Koehler & Co.
Providence—Brown, Lisle & Marshall.
OKLAHOMA GAS & ELECTRIC CO. ist 5s.
Due Oct. 1, 1929.—F.
Dated October 1, 1909. Interest payable
April and Oct. 1, at Trustee’s office.
Authorized—$5,000,000. .
Outstanding—$2,563,000 (balance issuable at
75% of cost of improvements, extensions, etc.
under certain conditions)
Denomination—Coupon, $1,000.
as to principal.
Trustees—Harris Trust & Savings Bank,
Chicago and Albert W. Harris.
Redeemable at 102}4 and interest Oct. 1, 1914,
or on any interest date thereafter. :
Sinking Fund—3% of outstanding bonds
annually 1910 to 1914 and 5% 1915 to 1928.
Fund may be used either to retire bonds or to
make permanent improvements or renewals.
Sinking Fund payment for 1915, $128,150.
Organization—Incorporated Feb., 1902, in
Oklahoma.
Control—The Standard Gas & Electric Co.
owns the entire $2,600,000 common stock.
Secured by a first mortgage on this company’s
gas plants, electric generating stations, real
estate and all other property. Franchises expire
1930. Serves gas and electricity to Oklahoma
City and Capitol Hill, Britton and other places
in Oklahoma. The company purchases natural
gas for distribution, and owns two artificial gas
Registerable
plants. Population served, about 80,000. |
Net Earnings, 12/31/14........ » $480,142
ENCONOSE & sisieia: Saccenye scdyaictoreieng Gaver 142,208
Original Market—$1,600,000 offered Nov.,
1909, by Harris, Forbes & Co., New York, N. W.
Harris & Co., Boston, and Harris Trust &
Savings Bank, Chicago.
arket.
Boston—N. W. Harris & Co., Inc, W. L.
Raymond & Co., F. B. Bassett & Co.
Portland, Me.—Chester H. Pease.
New York—Harris, Forbes & Co., Wm. P,.
peneoen & Co., Low, Dixon & Co., A. E.
‘itkin & Co., E. & C. Randolph, Gude, Win-
at & Co., R. B. Hathaway & Co., H.M. Byllesby
‘Ox
Chicago—H. M. Byllesby & Co., Harris Trust
& Savings Bank, Ames, Emerich & Co.
OKLAHOMA NATURAL GAS CO. ist 6s. Due
$200,000 annually each March 1 to 1918.—F.
Dated March 1, 1907. Interest payable March
and Sept. 1, at Colonial Trust Co., Pittsburgh,
a.
Authorized—$2,000,000.
Outstanding—$600,000.
Retired—$1,400,000.
Denomination—Coupon, $1,000. _
Trustee—Colonial Trust Co., Pittsburgh, Pa.
Organization—Incorporated 1906 in Okla-
homa. Franchise 50 years. In November, 1913,
acquired the Canay River Gas Co., the Osage &
Oklahoma Co., the Osage & Oklahoma Fuel
Supply Co., and the gas properties of the United
Fuel Supply Co.
Secured by a first mortgage on 50,000 acres
of gas lands and about 241 miles of pipe lines.
Supplies natural gas to distributing companies in
Oklahoma City, Guthrie, Wellston, Shawnee
and 12 other towns. Population served, 115,000.
Net Earnings, 2/28/15.......... 81,384
Tnteredtec vss xe cs ae 0e4 oc aawnaas 48,000
Market.
New York—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
OKLAHOMA RAILWAY Ist & Ref. 5s (Prior
Lien). Due Jan. 1, 1938.
Dated Jan. 1, 1908. Interest payable Jan. and
July 1, at Safe Deposit & Trust Co., Pittsburgh,
Pa.
Authorized—$3,000,000.
Outstanding—$370,000 (Closed mortgage)
($2,130,000 additional deposited under 1st & Ref.
5s of 1941). -
Denomination—Coupon, $1,000.
Trustee—Safe Deposit & Trust Co., Pitts-
burgh, Pa.
Redeemable after 1917 on 90 days’ notice at
110 and interest.
Organization—Incorporated June, 1904, as
the Oklahoma City Ry. Name changed 1907.
Acquired the El Reno Interurban Ry. 1911.
Leased Oklahoma Terminal Ry. 1911.
Secured by a first mortgage on about 41 miles
of Street Railway located in Oklahoma City,
Okla. (population, 70,000). Company operates
about 104 miles of track in Oklahoma City, El
Reno, etc., and is building other extensions.
Franchises in Oklahoma City are perpetual, sub-
ject to the right of the city to buy road after 1932
under certain conditions. About two-thirds of
the road is on private right-of-way including 28
miles of track in Oklahoma City.
Underlies—$2,630,000 1st & Ref. 5s of 1941
and $560,000 6% notes.
Net Earnings, 6/30/14.......... $297,453
Interest and taxes....... eee 269,721
THis IS8Ue eee cco ssoaavenesi wie: wier es . 104,621
Market.
é New York—Wolff & Stanley, H. P. Taylor &
0.
Pittsburgh—A. E. Masten & Co., H. P. Taylor
Co.
Buffalo—H. P. Taylor & Co.
OKLAHOMA RAILWAY CO. ist & Ref. 5s.
_ Due Jan. 1, 1941.—F.
Dated January 3, 1911. Interest payable Jan.
and July 1, at Trustee’s office or Harris Trust &
Savings Bank, Chicago, Ill.
Authorized—$12,000,000.
Outstanding—$2,630,000.
Denomination—Coupon, $1,000. Registerable
ag to principal.
Trustee—Mississippi Valley Trust Co., St.
Louis.
Redeemable at 105 and interest Jan. 1, 1921,
or on any interest date thereafter. :
Renewal Fund—2% of outstanding bonds per
annum.
Organization—See above. :
Secured by a mortgage on 104 miles of street
and interurban railway track_and comprising 41
miles of track in Oklahoma City, an interurban
line to El Reno and local lines in the latter city.
Franchise in Oklahoma City is perpetual, subject
to the right of the city to purchase after 1932.
Franchise in El Reno expires in 1933. Two-
thirds of the line is on private right-of-way,
including 28 miles of track in Oklahoma City.
Further secured by deposit of $2,130,000 Ist and
Ref. 5s of 1938. The company is building an ex-
tension to Guthrie of which 15 miles were com-
pleted to Edmond, May, 1911. Population ser-
ved, Oklahoma City, 70,000, remaining territory,
about 15,000.
Prior Liens—$370,000 1st & Ref. 5s of 1938,
$300,000 6% Coll. Tr. notes due July 1, 1916,
secured by deposit of $600,000 (entire issue) of
the El Reno Interurban Ry. Co.
Underlies—$560,000 6% notes due 1917.
Net Income, 6/30/14........... $297,453
Interest and taxes... .......... 269,721
Original Market—$2,500,000 offered in April
1911, at 9414 and interest by Harris, Forbes &
Co., New York, N. W. Harris & Co.; Boston
and Harris Trust & Savings Bank, Chicago.
Market.
New York—Harris, Forbes & Co., H. P.
Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank, Ames,
Emerich & Co.
St. Louis—Francis Bro. & Co.,
Valley Trust Co.
Buffalo—H. P. Taylor & Co.
OLD COLONY GAS CO. (BRAINTREE, MASS.)
1st 5s. Due Dec. 1, 1931.—N.
Dated Dec. 1, 1911. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$378,000.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable. Coupon
and Registered bonds interchangeable.
ME Coonemvert Trust Co., Boston,
ass.
Organization and Control—Incorporated, Oct.,
1908, in Massachusetts.
Secured by a first mortgage on plant supplying
gas to Braintree, Weymouth, Abington, Whit-
man and Rockland, Mass. Population served,
Mississippi
45,000.
Net Earnings, 6/30/14........... $29,053
Interestiecvves cnneines peed eee: 14,803
Original Market—Offered by E. M. Farns-
worth & Co., at par, Oct., 1913.
Market.
Boston—E. M. Farnsworth & Co.
New York—Millett, Roe & Hagen.
OLD cerOny. RAILROAD Deb. 4s. Due Feb.,
' .—N.
See Map 86.
Dated Feb. 1, 1894. Interest payable Feb. and
Aug. 1, at office of Company, South Station,
Boston, Mass.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000, and registered
$1,000, etc.
Control—Leased to the New York, New
Haven & Hartford R. R. for 99 years from 1893.
A dividend of 7% per annum is guaranteed on
the company sstock.
Security—Bonds are not secured by any
mortgage. Company’s lines are of great impor-
tance, extending from Boston to Brockton,
Fall River, Provincetown, Newport, R. I., etc.
Company owns (9) 533 miles of road and leases
101 miles additional railway and affords connec-
tions between Boston and the various steamer
lines controlled by the New England .Navi-
gation Co. The total amount of debentures
outstanding are at the rate of $25,500 per mile.
Market.
New York—Harris, Forbes & Co., R. L. Day
Co.
Boston—Blodget & Co., Merrill, Oldham &
Co., Parkinson & Burr, Curtis & Sanger, N. W.
Harris & Co.
Chicago—Harris Trust & Savings Bank.
1, 1925.—N.
Dated 1895. Interest payable June and Dec.
at office of Company, South Station, Boston,
ass.
Authorized and Outstanding—$5,598,000.
Denomination—Coupon, $1,000. Registered,
$1,000, ete.
Control—Property leased to the New Haven
for 99 years from 1893.
612
Security—See description of property Old
Colony R. R. Deb. 4s gue 1924, Peed
Market.
Boston—Parkinson & Burr, W. L. Raymond &
Co., Estabrook & Co., R. L. Day & Co., N. W.
Harris & Co.
New York—Blodget & Co., Harris, Forbes &
0.
Chicago—Harris Trust & Savings Bank.
OLD COLONY RAILROAD Deb. 3s. Due
July 1,1932.—N.
Dated July 1, 1902. Interest payable Jan. and
ay 1,at Company’s office, South Station, Boston,
ass.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registered,
$1,000 ete.
Control—Property leased for 99 years from
1893 to the New Haven.
Security—See Old Colony R. R. Deb. 4s of
1924 above.
Market.
Boston—Estabrook & Co., Adams & Co.,
Parkinson & Burr, Curtis & Sanger.
OLD COLONN RAILROAD Deb. 4s. Due Jan.
1, 8.—N.
Dated 1888. Interest payable Jan. and July 1,
office of Company, South Station, Boston,
ass.
Authorized and Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
Control—Leased to the N. Y., N. H. & H.
R. R. Co. until 1992.
Security—Direct obligation of company; not
secured by mortgage. See description of prop-
erty Deb. 48 of 1924.
Market.
New York—Blodget & Co., Harris, Forbes &
Co., Curtis & Sanger.
Boston—N. W. Harris & Co., R. L. Day & Co.,
Estabrook & Co., Parkinson & Burr.
Chicago—Harris Trust & Savings Bank.
OLD COLONY STREET RAILWAY CO. Ist
Ref. 4s. Due July 1, 1954.—N.
Dated July 1, 1904. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$6,192,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston, Mass.
Assumed by the Bay State Street Ry. Co.
Organization and Control—This company
which was formerly the Brockton St. Ry. is a
consolidation of the Brockton & Holbrook Ry.,
Whitman St. Ry., Boston, Milton & Brockton
Street Ry., Quincy & Boston St. Ry., New Bed-
ford & Middleboro, West Roxbury & Roslindale
St. Ry. Co. and Brockton, Bridgewater & Taun-
ton St. Ry. In 1911 property was purchased by
the Boston & Northern St. Ry. Co., the name of
which was changed Aug., 1911 to the Bay State
St. Ry. Control of the latter is held by the
Massachusetts Electric Co.
Secured by a mortgage on the 41 miles of track
formerly belonging to the Quincy & Boston St.
Ry. (merged). Also secured upon an extensive
power house built in 1904 at a cost of $2,500,000.
oad runs from Dudley St., Boston, through
Milton, Brockton, Bridgewater, Taunton, Brain-
tree, W. Roxbury, Roslindale, Quincy, etc.
Serves a thickly settled territory. Handles
express and in a number of towns freight.
Prior Liens—Approximately $2,700,000 bonds.
Net Earnings Bay State St. Ry.
6/30/14 $3,331,280
Interest............. ea apaae se 2,006,984
Legal for Me., Mass. and N. H.
Original Market—Offered in 1905 by Hayden,
Stone & Co., Boston and New York, at 96 and
interest; $1,315,000 offered in Dec., 1911, by
Registerable
613
N. W. Harris &Co., Merrill, Oldham & Co., and
Perry, Coffin & Burr, all of Boston, and Harris,
Forbes & Co., New York, and Harris Trust &
Savings Bank, Chicago, at 90 and interest.
Market.
Boston—Old Colony Trust Co., Merrill, Old-
ham & Co., Perry, Coffin & Burr, Hayden,
Stone & Co., N. W. Harris & Co., Inc., L. Sher-
man Adams, F. W. Mason & Co.
New York—Coffin & Co., Harris, Forbes & Co.,
Wm. A. Read & Co., Hornblower & Weeks,
Curtis & Sanger, F. H. Hatch & Co.
Chicago—Harris Trust & Savings Bank.
OLD DOMINION STEAMSHIP CO. Generai
5s. Due Dec. 1, 1927.—F.
Dated Sept. 1, 1912. Interest payable Mar.
and Sept. 1, at Trustee’s office.
Outstanding—$1,000,000.
Denomination—Registered, $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York.
Redeemable at 105 and interest -
Control—A Lar bashed of the stock of this com~
pany is neld jointly by the Atlantic Coast Co. of
Conn., Chesapeake & Ohio Ry., Norfolk &
eters Ry., Seaboard Air Line Ry. and Southern
y.
Secured by a first mortgage on the steamers,
docks, etc. owned by the company, which operates
directly a line of steamers from New York to Old
Pt. Comfort and Norfolk, Va., and controls the
Virginia Navigation Co., operating steamers from
Norfolk to Richmond, and to points on the
Chesapeake Bay, James and Severn Rivers, etc.
Company has paid 6% per annum on $1,500,000
stock since 1876.
Market.
New York—Slattery & Co.
OLEAN (N. Y.) ELECTRIC LIGHT & POWER
CO. 1st 5s. Due June 1, 1951.—F.
Tax exempt in New York.
Dated June 1, 1911. Interest payable Jan.
and Dec. 1, at Trustee’s office, New York.
Authorized—$250,000.
Outstanding—$185,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—5% gross earnings from Jan.,
1914 to be used either to purchase bonds at not
over 105 and interest, or for the purchase of new
equipment.
Secured by an absolute first mortgage on plant
supplying electricity to Olean and Allegheny.
Population served, estimated at 20,000. Com-
pany has a contract to light the city until 1921.
Franchises perpetual.
Net Earnings, 12/31/12........... $8,801
Enterest; CCG io sicain assy «casa wo: senate 1,599
Original Market—Offered by Miller & Co.,
New York, at 95 and interest, in June, 1912.
Market.
New York—Miller & Co., Rauscher & Chil-
dress, Didrichsen & Co.
OLEY VALLEY RAILWAY CO. Ist 4s.
July 1, 1931.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Real Estate Title Insurance & Trust
Co., Maer age Pa. :
Control—This railway is controlled by the
United Tractidén Co. of Reading. The prop-
erties of the United Traction Co. are leased to the
Reading Transit & Light Co. which in turn is
controlled by the Eastern Power & Light Cor-
poration.
Due
_ Secured by a first mortgage on 19 miles electric
line extending from Carsonia Park, a suburb of
Reading, to Boyerstown, Pa.
Market.
Philadelphia—Robt. Glendinning & Co., Sam.
K. Phillips.
OMAHA & COUNCIL BLUFFS RAILWAY &
BRIDGE CO. Ist Cons. 5s. Due Jan. 1,
1928.—F.
Dated December 1, 1902. Interest payable
Jan. and July 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,823,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Guaranteed as to interest only by the Omaha
& Council Bluffs St. Ry.
Organization—Incorporated in Iowa, 1902.
Owns entire stock of the Omaha, Council Bluffs &
Suburban Ry. and Lake Manawa & Manhattan
Beach Ry. T.eased until 1947 to the Omaha
& Council Bluffs Street Ry.
bonds and $60,000 annually.
Secured by a first mortgage on 31 miles of main
track located mostly in Council Bluffs, Ia.
together with a toll bridge between that city and
Omaha, crossing the Missouri River. Further
secured by deposit of $600,000 bonds of the
Omaha, Council Bluffs & Suburban Ry. Fran-
ehises expire in 1946.
Original Market—Offered in Oct., 1909, by
Redmond & Co., New York, at 99 and interest.
Market. ‘
New York—Redmond & Co., Bigelow & Co.,
F. H. Hatch & Co., Paterson & Co., Gude, Win-
mill & Co., Leonard Snider & Co., R. B. Hatha-
way & Co.
Baltimore—Sutton Co., Mercantile Trust &
Deposit Co., Strother, Brogden & Co., Howard
R. Taylor & Co., Jenkins, Whedbee & Poe.
Boston—Hayden, Stone & Co., L. Sherman
Adams, Hornblower & Weeks.
Omaha—Burns, Brinker & Co.
Philadelphia—S. K. Phillips, Henry & West,
Oscar R. Dare.
Chicago—A. B. Leach & Co., National City
ank.
St. Paul—C. O. Kalman & Co.
OMAHA & COUNCIL BLUFFS STREET RAIL-
WAY CO. ist Cons. 5s. Due Jan. 1, 1928.
—F.
Dated Jan. 1, 1902. Interest payable Jan. 1
and July 1, at Trustee’s office, or Company’s
office, Omaha, Neb.
Authorized—$10,000,000.
Outstanding—$8,967,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust Co., New York.
Organization—Incorporated in Nebraska.
Leases the property of the Omaha & Council
Bluffs Ry. & Bridge Co., until 1947, (see above.)
Secured by an absolute first mortgage on the
127 miles of track, comprising the entire Street
Railway system of Omaha, South Omaha, Ben-
son, Dundee and Florence, Neb. Population
served, 250,000.
Franchises—None expire prior to the maturity
of these bonds. An ordinance adopted by the
City Council and approved by referendum vote
requires the sale of 7 fares for 25 cents. The
company has obtained a temporary injunction
against the enforcement of this ordinance as
confiscatory and an appeal is pending.
Registerable
Rental interest on
Registerable
Net Earnings, 12/31/14........ $1,132,070
Interest and taxes............. 623,449
Dividends. .3 see. 5% seem ee 5 oe 450,000
Legal for Balt., Me. and R. I.
Original Market—$2,500,000 offered in 1904 at
9744 and interest by Redmond & Co., New York,
and Ervin & Co., Philadelphia.
614
Market. . e
New York—A. B. Leach & Co., Redmond &
Co., F. H. Hatch & Co., Rauscher & Childress,
E. & C. Randolph, Chas. H. Jones & Co., Kirk-
atrick & Lewis, John D. Curtis & Co., Ernest
mith, Leonard F. Hepburn, R. B. Hathaway &
Co., J. H. Howell & Co., Samuel Goldschmidt,
Howe, Norris & Co.
Baltimore—Mackubin, Goodrich & Co., J. S.
Wilson, Jr., & Co., Strother, Brogden & Co.,
Jenkins, Whedebe,& Poe, W. W. Lanahan & Co.,
Sutton & Co.
Cincinnati—W. E. Hutton & Co., Chas. C.
Murray & Co.
Boston—L, Sherman Adams, Hayden, Stone &
Co., A. B. Leach & Co., Hotchkin & Co., F. W.
Mason & Co.
Omaha—Burns, Brinker & Co. 7
Chicago—John Burnham & Co., National City
Bank, Hulburd, Warren & Chandler. _
Philadelphia—Henry & West, Ervin & Co.,
W. H. Newbold’s Son & Co.
Providence—C. A. Kilvert & Co., Hornblower
& Weeks.
St. Paul—C. O. Kalman & Co.
OMAHA ELECTRIC LIGHT & POWER CO.
1st S. F. 5s. Due July 1, 1933.—F.
Dated July 1, 1903. Interest payable Jan. 1
and July 1, at Old Colony Trust Co., Boston.
Authorized—$3,000,000.
Outstanding—$2,149,000.
Held in Sinking Fund—$433,000.
Denomination—Coupon, $1,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest on any interest
date. :
Sinking Fund—5% of gross earnings annually
to Dec. 31, 1931, for purchase and redemption of
bonds at not to exceed 105 and interest. Bonds so
acquired to be held alive and interest added to
Sinking Fund. .
Organization and Control—Incorporated in
Maine in 1908. Acquired practically the entire
stock of the Citizens Gas & Elec. Co. of Council
Bluffs, Ia., and also the New Omaha, Thomson-
Houston Elec. Lt. Co.
Secured by a direct first mortgage on plant
supplying electricity to Omaha and vicinity.
Also a collateral lien upon 99% interest in the
stock of the Citizens Gas & Elec. Co. of Council
Bluffs, Ia. Company and its subsidiaries serve
the cities of Omaha, Council Bluffs, South Omaha
and nearby places. Population served, about
250,000. In 1910 the lower court held that the
franchise had expired. An appeal is now pend-
ing in the U. S. Supreme Court.
Original Market—$1,200,000 offered July,
1905, at 102 and interest, by Harris, Forbes &
Co., New York, N. W. Harris & Co., Boston,
and Harris Trust and Savings Bank, Chicago.
Market.
New York—L. F. Hepburn & Co., F. H. Hatch
& Co., Bigelow & Co., Perry, Coffin & Burr,
Berdell Bros., Harris, Forbes & Co.
Boston—L. Sherman Adams, Perry, Coffin &
Burr, Jackson & Curtis, Hotchkin & Co.
Philadelphia—Oscar R. Dare.
Omaha—Burns, Brinker & Co.
OMAHA GAS CO. Ist Cons. 5s.
1917.—N.
Dated August 18, 1897. Interest payable
Feb. and Aug. 1, at Trustee’s office, New York,
or March and Sept. 1, at Trustee’s office, London,
Eng.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Organization and Control—Incorporated Au-
gust, 1897, in Nebraska, succeeding the Omaha
Gas Mfg. Co. Controlled through stock owner-
ship by the United Gas Improvement Co.
Due Aug. 13,
Secured by a first lien on plant supplying gas
to Omaha and South Omaha, Nebraska, serving
a population of about 160,000.
Original Market—$1,200,000 offered. in 1902,
at 101 and interest, by Drexel & Co., Ervin &
Co., and E. B. Smith & Ca., all of Philadelphia.
: Market.
Philadelphia—Reed A. Morgan & Co., O. B.
Lansinger & Co., Ervin & Co., Robert Glen-
dinning & Co., Reed & Huntoon, Henry & West,
Oscar R. Dare, S. K.Phillips.
Omaha—Burns, Brinker & Co.
‘5 New York—Geo. S. Crap, Leonard F. Hep-
urn.
- -Chicago—Hulburd, Warren & Chandler.
* Baltimore—Colston, Boyce & Co.
ONEONTA LIGHT. & POWER CO... Ist 5s.
Due April 15, 1922.—F. ;
Dated April 15, 1902. Interest payable April
and Oct. 15, at Trustee’s office. -
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Slater Trust Co., Pawtucket, R. I.
Secured by a first mortgage on the property of
this company which furnishes gas and electricity
to Oneonta, N. Y. (Otsego County) and vicinity.
Power obtained from Susquehanna River. Popu-
lation served about 10,000.
Net Earnings, /12/31/13.......... $24,773
Interest ics cissaik wy esas 4 a teitesnt 28 10,000
Market.
New York—Hendrickson & Co.
New Haven—Clarence E. Thompson & Son.
Boston—Hotchkin & Co.
ONTARIO POWER CO OF NIAGARA FALLS
2d 6s. Due Nov. 1, 1919.—N.
Dated Nov. 2, 1914. Interest payable May
1 and Nov. 1, at Canadian Bank of Commerce,
Toronto and New York.
Authorized and Outstanding—$5,000,000.
($1,660,000 of this issue, $400,000 Debentures
due 1917 and $2,940,000 Debentures due 1921.)
Denomination—Coupon, $1,000. Registerable
as to principal only.
Trustee—National Trust Co., Toronto.
Redeemable on the first of any month at par
and interest.
Convertible after Nov. 1, 1915, into common
stock of the company, par for par.
Organization, Earnings, etc.—See 1st 5s below.
Secured by 2 second mortgage on the property
described under the 1st 5s below. :
Prior Lien—$10,221,000 1st 5s, 1943.
ONTARIO POWER CO. OF NIAGARA FALLS
Deb. 6s. Due July 1, 1921.—N. .
Dated June 30, 1906. Interest payable Jan.
and July 1, at Canadian Bank of Commerce,
Toronto or New York.
Authorized—$3,000,000.
Outstanding—$2,940,000.
Cancelled by Sinking Fund—$60,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee—Toronto General Trusts Corporation,
Toronto.
a Redeemable at 110 and interest on any interest
ate.
Sinking Fund—25c. per horse power sold, to
purchase and cancel debentures of this issue.
Maximum price to be paid for debentures unless
special consent is given, 110.
Security—As originally issued these bonds
were not secured by a mortgage, but in Nov.,
1914, the company executed a second mortgage
onits property, and these bonds are now secured
by a second mortgage on the property of the
company, as described under the 1st 5s of 1943
below. They are equally secured with $400,000
Convertible Debentures of 1917 and $1,660,000
2d Mortgage bonds, making a total amount,
authorized and outstanding, of $5,000,000, se-
cured by the second mortgage.
Liens—$9,783,000 1st 5s of 1943.
Prior
Net Income, 12/31/14......... $1,398,522
Interest ..c.. ie 0 4 5.286g 42-5 safeadiaes 2 898,444
Original Market—$2,300,000 offered in May,
1911,.by William Salomon & Co., New York,
and J. C. Dann & Co., Buffalo, N. Y., at 100 and
interest with a 10% bonus in capital stock.
Market.
Chicago—Alfred L. Baker & Co.
New York—J. S. Bache & Co., Berdell Bros.
& Co., Wm. Salomon &.Co.,.Gilman & Clucas,
Chas. H. Jones & Co., Gilbert Eliott & Co.,
Blodget & Co.. :
Cleveland—C. E. Denison & Co.
Boston—C. E. Denison Co.,
McKinney & Co., Blodget & Co. 7
Baltimore—Alex. Brown & Son, Mackubin,
Goodrich & Co. ;
Buffalo—J. C. Dann & Co., John T. Steele,
Arthur Batty.
Philadelphia—Cassatt & Co., Oscar R. Dare.
Detroit—First and Old Detroit National Bank.
(THE) ONTARIO POWER CO. OF NIAGARA
FALLS ist S. F.5s. Due Feb. 1, 1943.—N.
Dated February 2, 1908. Interest payable
Feb. and Aug. 1, at Canadian Bank of Commerce,
Toronto and New York.
Authorized—$12,000,000.
Outstanding—$10,221,000.
Cancelled by Sinking Fund—$358,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Toronto General Trusts Corporation,
Toronto, Ont.
Sinking Fund—$1.00 per H. P. payable
annually, will retire a large portion of the issue
prior to maturity. If bonds cannot be obtained
under 110 proceeds are to be invested in United
States or British Government bonds. F
Organization—Charter granted by Dominion
of Canada in 1887. Operations were begun in
1905. Entire stock of Ontario Transmission Co.
owned and property operated under lease. E
Secured by a first mortgage on hydro-electric
plant of 130,000 h. p. and ultimate development
of 200,000 h. p. just below Horseshoe (Niagara)
Falls on the Canadian Side. he Government
of Ontario through its Hydro-Electric Power
Commission, has contracted with the company
for a large amount of power to be distributed
among 45 cities and towns of the Province. Also
has contract to supply electricity to the Niagara,
Lockport & Ontario Power Co., supplying a
number of cities in New York State. Also sells
power to manufacturers and other distributing
Kimball,
companies. Franchise extends to 2010.
= Underlies—$4,500,000 6% Debentures and
otes. *
Net Income, 12/31/14......... $1,398,522
Winter ests cise ca degpances sauers i80) 5
This iS8ue 2. ioc ees bos pee oa aia 601,504
Listed on the New York Stock Exchange.
Original Market—$1,000,000 offered in Dec.,
1904, at 98 and interest, by Denison, Prior & Co,.
Boston and Cleveland.
Market.
New York—F. H. Hatch & Co., Crawford,
Patton & Cannon, Berdell Bros., J.S. Bache & Co.,
Hornblower & Weeks, Penington, Colket & Co.,
Gilbert Eliott & Co., E. & C. Randolph, Hotchkin
& Co., W. C. Langely & Co., Rauscher & Child-
ress, Gwynne Bros. & Co., Tobey & Kirk, R. B.
Hathaway & Co., Didrichsen & Co., Gude, Win-
mill & Co., Leonard Snider & Co. :
Philadelphia—E. R. Barnard & Co., O. B.
Lansinger & Co., Francis Ralston Welsh, Chand-
ler & Co., Oscar R. Dare, Crawford, Patton &
Cannon, Reed A. Morgan & Co., Henry & West,
Elkins, Morris & Co., Reed & Huntoon, Geo. S.
es & Sons, Frazier & Co., Robt. D. Ghriskey
0. 3 :
615
Pittsburgh—H. P. Taylor & Co.
Buffalo—J. C. Dann & Co., Arthur Batty,
John T. Steel, H. P. Taylor & Co.
Cleveland—C. E. Denison & Co.
Boston—C. E. Denison & Co., E. M. Farns-
worth & Co., L. Sherman Adams, F. B. Bassett
& Co., G. L. Ware, Inc., Kimball, McKinney &
.Co., White, Weld & Co., Blodget & Co. James
A. Hutchinson & Co.
Baltimore—Alex. Brown & Sons.
Albany, N. ¥.—John J. Hart.
Scranton—Brooks & Co., E. A. Burke & Co.
Montreal—N. B. Stark & Co.
Wheeling, W. Va.—Geo. W. Barron.
San Francisco—Wnm. R. Staats & Co.
ONTARIO POWER CO. OF NIAGARA FALLS
6% Notes. Due July 1, 1915.—F.
Dated July 1, 1913. Interest Jan. and July 1.
Authorized—$2,000,000.
Outstanding—$1,613,000.
Retired—$387,000.
Denomination—Coupon, $1,000.
Organization—See 1st 5s 1943.
Security—A direct obligation of the company.
Not secured by any mortgage. For description
of property see Ist 5s of 1943.
Prior Liens—$14,800,000 1st Mortgage 5s and
Second 6s and debentures.
Net Income, 12/31/14... $1,398,522
Interest 898,444
Market.
Scranton—Brooks & Co.
Boston—E. M. Farnsworth & Co., Old Colony
Trust Co., Blodget & Co., Hornblower & Weeks.
New York—Gude, Winmill & Co.
Philadelphia—Oscar R. Dare.
ONTARIO PULP & PAPER CO. Ist 6s. Due
Dee. 1, 1931.
Dated Jan. 1, 1912. Interest payable Jan.
and July 1, at Traders’ Bank of Canada, Toronto
and Montreal; National Park Bank, New York;
and London and South Western Bank, London,
England.
Note—In January, 1915, the bondholders
passed the following resolutions, which are now
effective:
1. Sanctioning and assenting to certain pro-
posed modifications or alterations of the rights
of the holders of the 6% First Mortgage Sinking
Fund Gold Bonds of the company against the
company and against its property and of the
provisions contained in the said Trust Deed for
the purpose of postponing the payment of the
interest on the said bonds falling due in the
years 1915 and 1916 until the 1st day of October,
1922, or until previously thereto the company
shall give six calendar months’ notice of its in-
tention to pay the same and of cancelling for a
period of five years commencing with the 1st
July, 1915, payment the operation of the pro-
visions contained in the said Trust Deed relat-
ing to the formation of a Sinking Fund for the
redemption of the said bonds and otherwise as
expressed in the draft Supplemental Trust Deed
referred to in the next following Resolution.
2. Authorizing The Royal Trust Company as
such trustee as aforesaid to concur in and execute
a Supplemental Trust Deed embodying such
modifications in the terms of the draft which
will be submitted to the meeting.
8. Authorizing The Royal Trust Company as
such trustee as aforesaid and all other necessary
parties to concur in and execute all such further
assurances ,instruments and documents as may
be necessary for giving effect to the resolutions
passed by the meeting.
Authorized—$3,000,000.
Outstanding—$1,500,000.
Denomination—Coupon, $100, $500 and
$1,000, and £20, £100 and £200.
Trustee—Royal Trust Co., Montreal, Que.
616
Redeemable by lot at 110 and interest for sink-
ing fund.
Sinking Fund—3% perannum began 1913,
to purchase bonds in the open market up to 110
and interest, or if not obtainable at that price
will draw the same by lot at 110 and interest.
Guaranteed as to principal and interest by the
Spanish River Pulp & Paper Mills, Ltd. a
Control—Absorbed in 1912 by the Spanish
River Pulp & Paper Mills Co. 7
Secured by a first lien on the company’s rights
to cut timber, etc., on 2,700 square miles of virgin
forest land, containing spruce, poplar, balsam
and jack pine. Area estimated to contain
18,000,000 cords of pulp wood. Also secured
on paper mills and a sulphite and ground wood
plant at Sturgeon Falls, Ont. Annual capacity,
18,000 tons of sulphite, 118,000 tons of pulp and
15,000 tons of paper.
Original Market—Offered by Dominion Bond
Co., at par and interest, with 25% bonus of com-
mon stock, in March, 1912.
Market.
Montreal—Dominion Bond Co., Ltd., N. B.
Stark & Co., Canada Securities Corp., C. Mere-
dith & Co., Ltd., Eastern Sec. Corp., Nesbitt,
Thompson & Co.
es Toronto—Murray, Mather & Co., Goldman &
0.
(THE) ONTARIO TRANSMISSION CO., LTD.
Ist S.F.5s. Due May 1, 1945.—N.
Dated Aug. 16, 1905. Interest payable May
and Nov. 1, at Canadian Bank of Commerce,
Toronto and New York.
Authorized—$2,000,000.
Outstanding—$1,870,000.
Retired by Sinking Fund.—$130,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Toronto
Toronto.
Redeemable at 110 and interest as a whole
only, on any interest date prior to May 1, 1916,
on six weeks’ notice.
Sinking Fund—$30,000 annually for the pur-
chase and cancellation of these bonds at not over
110 and interest; if bonds cannot be purchased,
the money is to be invested in securities approved
by Trustee.
Guaranteed principal and interest by the
Ontario Power Co.
Organization and Control—The Ontario Power
Co. owns the entire capital stock of the Ontario
Transmission Co. and leases the property, agree-
ing to pay to the same a rental of $2.50 per h.p.
the rental not to be less than the interest and
sinking fund on this issue of bonds plus the operat-
ing expenses, taxes, etc. Lease was dated 1910
and expires 1950, at which time property may be
purchased providing payment of the principal of
this bond issue has been made, or the lessee may
extend its lease for another 40 years.
Secured by a first mortgage on the properties
of the company as follows (June, 1913): (1) Real
estate valued at $1,444,722; (2) three-fourths
interest in distributing stations at Niagara Falls,
and all apparatus on transformer side Of bus-bars
valued at $826,242; (8) transmission lines,
meters and apparatus, valued at $307,541, and
on other assets of the company.
Earnings—See Ontario Power Co., above.
Listed on the New York Stock Exchange.
Original Market—First offered Nov., 1906. by
F. S. Butterworth & Co., New Haven, Conn., at
par and interest. Also offered in 1909 at 95
and interest by Crawford, Patton & Cannon,
New York and Philadelphia.
Market.
New York—Berdell Bros., Crawford, Patton &
Cannon, Foster & Adams, Chas. Jones & Co,
John D. Curtis & Co., Ernest Smith.
New Haven—F. S. Butterworth & Co.
Buffalo—J. C. Dann & Co.
General Trust Corporation,
ORANGE & PASSAIC VALLEY RAILWAY Ist
5s. Due Dec. 1, 1938.—F.
Dated Dec. 1, 1898. Interest payable June
and Dee. 1, at New Jersey Title Guarantee &
Trust Co., Jersey City, N. J.
Authorized—$1,000,000. :
Outstanding—$833,000 ($88,000 owned by
Publie Service Corp. of New Jersey and pledged
under its General Mortgage). ,
Trustee—New Jersey
Co., Jersey City, N. J.
Organization—Incorporated in 1898 to acquire
the property of the Suburban Traction Co., sold
under foreclosure. Leased in Nov., 1908, for 990
ears, to the Public Service Corporation of New
ersey. The latter company exchanged its trust
certificates on the basis of $30 in ctfs. (now pay-
ing 6%) for $100 stock and thereby acquired
$923,500 of the $1,000,000 stock. Lease was
assigned to the North J ney St. Ry. in July, 1907,
which company was consolidated Aug. 30, 1907,
into the Public Service Ry. Co.
Secured by a first mortgage on a line of street
railway 10 miles in oe extending from the
Oranges to Bloomfield, N. J. (connecting with
Public. Service Ry. line to Montclair, Verdna,
Caldwell, etc). opiates served, about 100,000.
arket.
Newark—J. S. Rippel, Fidelity Trust Co.,
Clarence Hodson & Co. ©
Philadelphia—Borden & Knoblauch, Geo. S.
Fox & Sons, Sam. K. Phi ipe.
New York—B. H. F. W. Pelzer, Percy H.
Bradshaw, W. E. R. Smith & Co., Williamson &
Squire, Kirkpatrick & Lewis, Starbuck, Van
Sant & Ties 7
Jersey City—Edwin R. Case.
Paterson—F. A. Peters.
ORANGE & ROCKLAND ELEC. CO. Ist & Ref.
5s. Due May 1, 1931.
Dated May 1, 1911. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$500,000.
Ontstanding—$118,500.
Trustee—Columbus Trust Co., Newburg, N. Y.
Organization—Incorporated in 1905 in New
York. Controls through stock ownership the
Warwick Valley Heat, Light & Power Co. and
the Goshen Light & Power Co. —
Secured by a first mortgage on plant bupplying
eleetricity to Warwick, Monroe, Highland’ Mills,
Central Valley, Sraveourt, Washingtonville and
other towns and villages in Orange and Rock-
itle Guaranty & Trust
land Counties, New York. Population served,
about 20,000. — j ’
Net Earnings, 12/31/13........... $28,840
Interest........-.-..5 cv -- _ 5,
Original Market—Offered Aug., 1918, ,
Harold Dickerson, New York, to net 5%.
OREGON & CALIFORNIA RAILROAD CO.
Ist S. F. 5s. Due July 1, 1927.—N.
See Map 118. ;
Dated Taly 1, 1887. Interest payable Jan.
ane daly 1, at Southern Pacific Co.’s office, New
ork.
Authorized—$20,000,000.
Outstanding—$17,745,000.
Cancelled by Sinking Fund—$2,255,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—Union Trust Co., New York. ;
Redeemable for Sinking Fund at par and
interest.
Sinking Fund—A sum consisting of the entire
net proceeds from the sale of the lands owned by
this company shall be applied to the purchase of
these bonds in the open market at or below par.
In case the bonds cannot beso purchased they are
8 pe redeemed by lot in amounts of not less than
uaranteed prnepal and interest by the
Southern Pacific Co. by endorsement.
by
Control—The Oregon & Cal..R. R. Co. was
leased for 34 years from Aug. 1, 1898, to the
Southern Pacific Co., which owns all except
$48,000 of its $19,000,000 stock.
Secured by a first mortgage on (4) 670 miles of
road from Portland, Ore., to California State
Line, Portland to Corvallis, Woodburn to Nat-
ron, Portland to Airlie, with a branch, all in
Oregon. Also upon a large part of the 2,844,436
acres of and held by the company. Bonds per
mile, about $26,500.
Net Income, O. & C. R. R.,
G/BO/TA. co css aed imee, Se $1,670,093
HN tereat 2-2 ccs sorei wise vcbincinsesiit-e: dtairiy’ 1,115,015
Listed on the New York and Amsterdam Stock
Exchanges,
Market.
New York—Redmond & Co., Sutro Bros. &
Co., Herrick & Bennett, E. Bunge & Co., J. S.
Bache & Co., J. H. Becker & Co., Jacobson &
Friedman, Peck, Rasmus & Truesdale, Gude,
Winmill & Co., Wood, Struthers & Co., Harvey,
Fisk & Co., Boissevain & Co., Seasongood &
Haas, L. M. Prince & Co., Byrne & McDonnell.
OREGON ELECTRIC RAILWAY CO. Ist 5s.
Due May 1, 1933.—F.
Dated May 1, 1908. Interest payable May and
Nov. 1, at Trustee’s office. ©
Authorized—$10,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable. :
Trustee—Columbia Trust Co., New York.
Redeemable at 107 and interest as a whole
or in part on any interest date.
Organization—Incorporated in Oregon, May,
1906. Controlled by the Spokane, Portland &
Seattle Ry. Co. (Great orthern Ry. and
Northern Pacific Ry. joint owners), through
ownership of entire capital stock. .
’ Secured by a first mortgage on 150 miles of
‘standard gauge interurban railways extending
from Portland, Ore., to Eugene, and branches.
Most of line is on private right of way. Company
does no street railway business. Company
obtains power from the Portland Ry., Light &
Power Co. Contract expires in 1933 with
renewal privileges for another 25 years. Com-
any contemplates building its own power plant
% ,000 h. p.) at Clear Lake near Eugene. ¢
Net Earnings, 12/31/14 $321,687
Interest, ete..........04. 363,995
Dividends...............0.-.005 12,000
Original Market—Offered in Sep -, 1909, by
N. W. Harris & Co. (now Harris, Forbes & Co.)
New York, and Perry, Coffin & Burr, Boston, at
9634 and interest; and in 1911 by White, Weld &
Co., New York and Chicago at par and interest.
, Market.
Albany—Henry J. Prince.
B Boston—N. W. Harris & Co., Perry, Coffin &
urr.
_ Baltimore—J. S. Wilson, Jr., & Co.
Chicago—White, Weld & Co., Harris Trust:
& Savings Bank. : :
., New York—White, Weld & Co., Harris, Forbes
& Co., Low, Dixon & Co., Kirkpatrick & Lewis,
Leonard Snider & Co., Perry, Coffin & Burr.
Philadelphia—Montgomery, Clothier & Tyler.
. Portland, Ore.—Hall & Lewis. .
OREGON RAILROAD & NAVIGATION CO
Cons’ (Now First) 4s. Due June 1, 1946.—
See Map 125. ;
Dated August 17,1896. Interest payable June
and Dec. 1, at Company’s office, New York, or
in Berlin or Frankfort-on-the-Main, Germany.
Authorized—$24,500,000. : :
Outstanding—$23,380,000 (Closed mortgage):
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
617
“Control—In December, 1910, this road was
merged with the other Union Pacific lines in
Oregon and ees into the Oregon-Wash-
ington R. R. & Nav. Co., all excepting $1,150 of
whose $50, THON stock is owned by the Oregon
‘Short Line
Secured by a direct first mortgage on (% 1,184
‘Miles of road, which constitutes the main line of
‘the Union Pacific System from Huntington,
Idaho, to Portland, Ore., and to Spokane, Wash:,
with various smali branches. These bonds are
outstanding at the rate of $20,600 per mile. °
Underlies—$39,400,000 Ore.-Wash. R. R. &
Nav. Co. 1st & & Ref. 4s due 1961. Bonds are 'Te-
served under this mortgage to retire this issue.
Legal for Cal.
Listed on the New York and Boston Stock
Exchanges.
Market. ~
New York—Harris, Forbes & Co., ‘Gilman &
Clucas, J. S. Bache & Co., N. W. Halsey '& Co.,
Eugene Meyer, Jr., & Co., National’ City Bank,
L. M. Prince & Co., Low, Dixon &'Co., Curtis
& Sanger, Peck, Rasmus & Truesdale, Clark,
Dodge & Co., J. H. Becker & Co., Coffin & Co.,
Struthers & | Hiscoe, Gude, Winmill & Co., Whitte-
wore, Pell & Co., Seasongood & Haas, Dominick
Bros. & Co., Callaway, Fish & Co., Korn, Leh-
man & Co.
Boston—N. W. Harris & Co. ~
Chicago—N. W. Halsey & Co., Harris Trust &
Savings Bank.
Minneapolis—Minneapolis Trust Co.
. Philadelphia—Henry & West.
‘Baltimore—Jenkins, Whedbee & Poe.
OREGON SHORT LINE RAILWAY CO. Ist 6s.
Due Feb, 1, 1922.—N.
‘See Map 125.
Dated pevembe 1, 1881.
Feb. and Aug. 1
way, New York. :
Authorized—$25,000 per mile.
' QOutstanding—$14,931,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—John F. Dillon and Cyrus J. Law-
rence.
Control—The Oregon Short Line Ry. Co. was
foreclosed and its property sold in 1897 to the
Oregon Short Line R. R. Co., the entire outstand-
ing capital stock of which is owned by the Union
Pacific R. R. Co.
a as to interest by the Union Pacific
Interest payable
, at Company’ 8 office, 165 Broad-
Secured by a first mortgage on (5) 611 miles
of road from Granger, Wyo., to Huntington,
Ore., and branch, at the rate of $24,400 per mile.
This road forms part of the main line of the
Union Pacific System between Omaha and the
North Pacific coast.
Underlies—$12,328,000 O. S. L. R. R. Cons.
5s of 1946, $370,000 0. 8. L. mq ‘and “B” Inc.
*bonds and $24,000,000 O. S. L. Ist Cons. 4s.
Legal for Balt. and Cal.
Listed on the New York and Boston Stock
Exchanges.
Market.
New York—J. S. Farlee & Eo. Struthers &
Hiscoe, Wolff & Stanley, Coffin & Co., Wood,
Struthers & Co., Bigelow & Co., Blodget & Co.,
‘Sutro Bros. & Co., Gilman & Clucas, McGeorge &
Vanderhoef, Harris, Forbes & Co., Plympton,
Gardiner & Co., E. C. Randolph, Herrick &
Bennett, L. M. Prince & Co., Ambrose R. Clark,
Percy H. Bradshaw, Low, Dixon & Co., New-
borg & Co., Hartshorne & Battelle, Knauth,
Nachod & Kuhne, Redmond & Co., Whittemore,
Pell & Co., Boissevain & Co., Seasongood & Haas.
& Ealemore—ayet, Watts & Co., Robt. Garrett
ons.
Boston—Geo. L. Ware, N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank.
' Philadelphia—E.’ B. Smith & Co., Cc. C.
Harrison, Jr., & Co., Cassatt & Co.
Hartford—Roy Pp. Crary.
OREGON SHORT LINE RAILROAD CO. Gtd.
Ref. 4s. Due Dec. 1, 1929.—
Dated December 1, 1904. Interest payable
June and Dee. 1, at Company’s office, 165 Broad-
way, New York.
Authorized—$100,000,000.
ae 000, ,000 (Remainder can-
celle
Denomination—Coupon, $1,000. Registerable
as to principal or fully’ registerable. Registered,
$1,000 and multiples. Coupon and Registered
interchangeable.
Trustee—Equitable Trust Co., New York.
Redeemable at 10234 and interest on any
interest date upon three months’ notice.
Control—The Union Pacific R. R. Co. owns the
enlis go stock of the Oregon Short Line
O.
Guaranteed principal and interest by the Union
Pacific R. R. Co. by endorsement. .
Secured by “the pledge with the Trustee of
$27,577,000 San Pedro, Los Angeles & Salt Lake
R. R. First Mtge. 4s, $16, 425, 460 and $7,206,400
Baltimore & Ohio R. R. common and preferred
stocks and $12,000,000 New York Central &
Hudson iver, R, R. stock. The Oregon Short
Line R. R. is’ directly. operated by the Union
Pacific_R. R. forming a part of its system.
Legal for Minn., N, H. and
Listed on the New York and Boston Stock
Exchanges.
Original Market—$40,000,000 offered in 1904
by Kuhn, Loeb & Co., New York, at 97 and
interest.
Market.
ene York—N. ‘W. Halsey & Co., Spencer Trask
& Co., Robinson & oes Crawford, Patton &
Cannon, J. S. Bache & Co., Freeman & Co.,
A. E. Fitkin & Co., Bigelow & Co., Raymond,
Pynchon & Co., ‘Low, Dixon & Con Plympton,
Gardiner & Co., Newborg & Co., M.., Prince
& Co., E. & C. Randolph, Clark, eee & Co.,
Struthers & Hiscoe, Wood, ‘Struthers & Co., Red-
mond & Co., Hartshorne & Battelle, Whittemore,
Pell & Co., Boissevain & Co., Seasongood & Haas.
Chicago—C. F. Childs & Co.
St. tons piorcaulile ‘Trust Co.
Philadelphia-—E. 5: Sonn & Co.
OREGON SHORT LINE RAILROAD CO. Cons.
Ist 5s. Due July 1, 1946.—F.
See Map 125.
Dated March 1, 1897. Interest payable Jan.
‘and July 1, at ‘Company's office, 165 Broadway,
New York.
Authorized—$36,500,000.
Outstanding— 12,828; 000 (Closed mortgage).
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
7 ee ee entire stock held by
Union Pacific R. R. (see 1st Lien & Ref. 4s.)
Secured by a first mortgage on (4) 403 miles
of road from Ogden to Salt Lake City and Frisco,
Utah, with branches, and branch to Boise, Ida.,
a second mortgage on (5) 623 miles of road from
Granger, Wyo., to Huntington, Ida. forming
part of the main line of the Union Pacific S:
tem between Omaha and the North Sane
Coast, and branches, subject to a prior lien at
the rate of $24,400 per mile and a third mort-,
gage on (6) 466 miles of road from Ogden, Utah,
to Butte, Mont., and branches, subject to prior
liens at the rate of $12,400 per mile. These
Bonde are outstanding at the rate of $8,200 per
mile.
Underlies—The Oregon Short Line Income
Series “A” 5s and “‘B”’ 4s of 1946 and the new
Oregon Short Line 1st & Cons. Mtge. of 1960,
palck latter provides for the retirement of this
Legal for Cal. :
Listed on the New York and Boston Stock
Exchanges.
_. Market. :
New York—Redmond & Co., Struthers &
Hiscoe, Sutro Bros. & Co., Clark, Dodge & Co.,
Wood, Struthers & Co., Effingham Lawrence
& Co., Hartshorne & Battelle, Curtis & Sanger,
McGeorge & Vanderhoef, Beyer & Co., Plym-
pton, Gardiner & Co., Ambrose R. Clark, L.
M. Prince & Co., J. S. Farlee & Co., Rauscher
& Childress, Coffin & Co., Newborg & Co., Peck,
Rasmus & Truesdale, Seasongood & Hass, J. H..
Becker & Co.
Hartford—Roy P. Crary.
OREGON SHORT LINE RAILROAD CO. Non.-
Cum. Income ‘‘A’”’ 5s. Due July 1, 1946.—
_ See Map 125.
Dated March 1, 1897. Interest. payable Sept.
1,.if earned, at Company’s office, 165 Broadway,
and Old Colony Trust Co., Boston.
These bonds received 4% in 1897 and since then
the full 5%.
Authorized—$7,185,000.
Outstanding—$315,000.
Retired—$6,870,000. Of the $315,000 bonds
outstanding, $22,500 are owned by the Union
Pacific R. R. Co. :
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Old Colony Trust Co., Boston
Secured by a second mortgage on (4) 403 miles
of road subject to a prior lien at the rate of $8,200
per mile, a second mortgage on (5) 623 miles of
road subject to prior liens at the rate of $32,600
per mile and a fourth mortgage on (6) 466 miles
of road subject to prior liens at the rate of $20,600
per mile. These bonds are outstanding at the
Tate of $200 per mile.
Prior Liens—$12,328,000 Oregon Short Line
Cons. 5s of 1946; $14,931,000 Oregon Short Line.
1st 6s of 1922; $4,991,000 Utah & Northern 1st
Extd. 4s of 1933 and $1,797,000 Utah & Northern
Cons. 5s of 1926.
Underlies—$25,000 O. S. L. Inc. “B” 4s and
$24,000,000 O. S. L. 1st and Cons. 4s of 1960
(ownéd by Union Pac. R. R.)
Market.
.New York—Bigelow & Co., Hartshorne &
Picabia, J. H. Becker & Co., White, Weld & Co.
OREGON-WASHINGTON RAILROAD & NAV-
IGATION CO. ist & Ref. 4s. Due Jan.
1, 1961.—F.
See Map 125.
Dated January 3,1911. Interest payable Jan.
and July 1, at New York or at London. Principal
of Dollar Bonds payable in New York and of
Sterling Bonds in London. Interest on Sterling
Bonds also payable in New York at $4.85 per £
Sterling. :
Authorized—$175,000,000.
Outstanding—$39,400,000.
Denomination—Coupon, Series “A,” $1,000
and $500, and Series “B,’’ £200 and £100.
Series “A,” bonds are registerable as to principal
and fully registerable. Coupon and Registered
interchangeable. Series ‘‘B’’ bonds are regis-
terable as to principal. :
Sterling bonds are exchangeable for $1,000
and $500 bonds at a fixed rate of exchange of
$4.85. $1,000 bonds being obtainable for £200
bonds upon payment of $30, and $500 for £100
upon payment of $15. Interest to be adjusted
ante ermere Loan & Trust Co., New
ork.
Redeemable as a whole at 105 and interest
on any interest date on 90 days’ notice.
_ Organization and Control—This company was
incorporated November 28, 1910, being a mer-
ger of the Oregon R. R. & Navigation Co. and
various other Union Pacific R, R. lines in Oregon
and Washington. The entire stock of' this
company is owned by the Union Pacific R. R.
Guaranteed principal and interest by theUnion
Pacific R. R. -
Secured by a first’ mortgage on (8) 598 miles
of road from Grangeville, Ida., to Wallula, Wash.,
Spokane to N. Yakima, Wash., and line into
Seattle, Wash., and numerous branches, and: 4@
second mortgage on (7) 1,134 miles of road from
Huntington to Portland, Ore., constituting the
western end of the Union Pacific System, and
on numerous branches, subject to a prior lien at
the rate of $20,600 per mile. Further secured
by 2 first lien on one-half stock of companies
owning (9) 71 miles of road and on (10) 290
miles leasehold and trackage rights. These
bonds are outstanding on the mileage covered
by a direct mortgage at the rate of $21,500 per
mile or on the entire road as described above at
the rate of $18,800 per mile.
Prior Liens—$23,380,000 Oregon R. R. and
Navigation Co. Consolidated Mtge. 4s for which
bonds of this issue are reserved. ;
Legal for Cal., Me., Minn., N. H., and R. I.
Listed on the New York Stock Exchange.
, Original Market—$25,000,000 offered in May,
1911, by Kuhn, Loeb & Co., New York, at 93
and interest and a simultaneous offer of the
Sterling Bonds was made in London by Baring
Bros. Co., Ltd. Also offered in November,
1911, by Clarke, Dodge & Co., New York.
Market.
New York—Struthers & Hiscoe, J. S. Farlee &
Co., N. W. Halsey & Co., Folsom & Adams,
Hartshorne & Picabia, Wolff & Stanley, Curtis &
Sanger, L. M. Prince & Co., Ferris & Haas,
Korn, Lehman & Co., J. S. Bache & Co., White,
Weld & Co., Bull & Eldredge, H. N. Whitney’ &
Sons, Freeman & Co., Newborg & Co., A. R. Clark
& Co., Potter, Choate & Preatice, Kidder, Pea-
body & Co., Harris, Forbes & Co., F. J. Lisman
& Co., E. & C. Randolph, Eyer & Co., Beyer &
Co., Guaranty Trust Co., Seasongood & Hass,
Whittemore, Pell & Co., Callaway, Fish & Co.,
McGeorge & Vanderhoef. :
Philadelphia—Chas. C. Harrison, Jr., & Co.,
E. B. Smith & Co., Montgomery, Clothier &
Tyler, Cassatt & Co., Henry & West.
Boston—Paine,' Webber & Co:, Blake Bros.
& Co., E. M. Farnsworth & Co., N. W. Harris
& Co., Inc., Parkinson & Burr. :
Providence—Providence Banking Co.
Chicago—Union Trust Co., White, Weld &
Co., Harris Trust & Savings Bank.
Minneapolis—Minneapolis Trust Co.
Portland, Me.—Chester H. Pease.
ORO rr eee CORP. ist S. F. 6s. Due Oct.
ol -—N.
Tax exempt in the State of California.
_ Dated, October 1, 1911. Interest payable
April and Oct. 1, at New York and San Francisco.
Authorized—$10,000,000.
Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First Federal Trust Co., San Fran-
eisco, Cal. u
Redeemable at 105 and interest on any interest
date upon one month’s notice. ‘
Sinking Fund—1% annually of outstanding
bonds, peers on or before October 1 from 1921
to 1925 inclusive; 2% annually from 1926 to
1930; 3% from 1981 to 1935; 4% from 1936 to
1940 and at least 5% annually thereafter, to be
applied to the purchase or redemption of these
bonds at or not over 105 and interest.
Organization—The company was organized in
1911 in California, owns the entire outstanding
capital stock of the Oro Water, Light & Power
Co. In Jan., 1914 a merger with the Northern
619
California Power Co. Consolidated into a new
company was in prospect. .
Secured by' a first mortgage on undeveloped
power properties in Tehama and Plumas Counties
Cal., on hydro-electric plant of 50,000 h. p.
under construction and a steam plant near
Stockton, together with transmission lines to the
latter city and distribution system under con-
struction in that city. Also by a second mort-
gage on the property of the Oro. Water Light &
Power Co. owning two hydro-electric plants
about 18 miles from Oroville, transmission lines
to that city and distribution system and gas
plants supplying that city; also 1,200 acres of
gold dredging land. This latter property is not
to be taken over on consolidation mentioned
above. The company’s franchise in Stockton
has been confirmed by the California supreme
Court. It is reported that the company at
resent contracts a large amount. of power used.
Franchises in Orville expire in 1955. Franchise
in Stockton recently granted.
Prior Lien—$300,000 Oro. Water, Light &
Power Co. 1st 6s, due 1925.
Net Earnings, 12/31/14.......... $300,353
INGOT ESE. a ois siz ere e sarees testa og 137,199
Interest charged to construction.. 55,800
Legal for Cal.
Listed on the San Francisco Stock and Bond
Exchange.
Original Market—Offered in 1912, by Good-
win, Garby & Holton, Inc., and Lundborg-
Morgan & Co., San Francisco, at 98 and interest.
é Market.
New York—E. F. Hutton & Co., Byrne &'
McDonnell.
OSHKOSH WATER WORKS CO. Ist 5s.
Aug. 1, 1922.—N.
Dated Aug. 1, 1902. Interest payable Feb.
and Aug. 1, at Harris Trust & Savings Bank,
Chicago, and Harris, Forbes & Co., N. Y.
Authorized—$800,000.
Outstanding—$424,000.
Denomination—Coupon, $1,000.
as to principal only.- id
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable at 10714 and interest, or for the
sinking fund, or in event of purchase of plant by
city at 105. 3
Organization—Incorporated 1883 in Wisconsin.
Secured by a first mortgage on water supply
plant, mains, etc., in Oshkosh, Wis. Popula-
tion served, 38,000. Franchise perpetual.
Original Market—Offered by N. W. Harris &
Co., New York, Chicago and Boston, in Nov.,1902.
Market.
Boston—N. W. Harris & Co.
New York—Harris, Forbes & Co.
Philadelphia—S. K. Phillips.
OSWEGO & SYRACUSE RAILROAD CO.
Const. Mtge. 5s. Due May 1, 1923.—F.
See Map 46.
Dated May 1, 1883. Interest payable May
and Nov. 1, at D., L. & W. R. R. office, 90 West
Street, New York.
Authorized—$1,000,000,
Outstanding—$668,000.
Denomination—Coupon, $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York.
Guaranteed principal and interest by the
Delaware, Lackawanna & Western R. R. Co.
by endorsement.
Control—Leased from 1869, for the term of its
corporate existence to the Delaware, Lacka-
wanna & Western Ry., the latter agreeing to
assume all liabilities for which the 0. & S.. R. R.
was liable on Mar. 1, 1869, to guarantee the
principal and interest on all bonds and to pay a
dividend of 9% annually on the stock.
Secured by a second mortgage on (4) 35 miles
of road extending from Syracuse N. Y.,, subject
Due
Registerable
Gilman &
to a prior lien at the rate of $12,500. These
hounds are outstanding at the rate of $19,000 per
mile.
| Prior Liens—$438,000 Oswego & Syracuse
R. R. 1st 7s, which matured in 1907 and which
were purchased by the D., L. & W. R. R. Co. and
now held by it as a treasury asset. :
Underlies—A new mortgage for $2,000,000 is
to be authorized shortly which will provide for
the retirement of this issue and of the 7% bonds.
Legal for Minn., N. H. and R
Market.
New York—N. W. Halsey & Co., Coffin & Co.,
Blodget & Co., Peck, Rasmus & Truesdale,
Clucas.
Hartford—Roy P. Crary.
OTIS ELEVATOR CO. Conv. Deb. 5s.
April 1, 1920.—F. .
Dated April 1, 1910. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable.
Trustee—New York Trust Co., New York.
Redeemable at 10234 and interest on any
interest date.
Convertible
stock at par.
Sinking Fund—$100,000 and upwards par
value of bonds annually from April 1, 1914 to
April 1, 1919 inclusive. 3
Organization—lIncorporated in New Jersey,
Due
into the company’s common
Security—A direct obligation of the company
but not secured by any mortgage. The net
quick assets, cash and working capital are at all
times to exceed the principal amount of the de-
bentures outstanding. Furthermore the com-
pany agrees that neither it, nor its subsidiaries
shall at any time, pledge or hypothecate any of
the properties or capital assets. and that no
dividend shall be paid in any year except out
of undivided net profits from the company’s
direct business. Company owns upwards of,
13 plants in New York, Buffalo, Phila., Chicago,
Harrison, N. J., Moline, Ill., Peru, Ind., etc.,
with numerous offices in the principal cities of the
United States. Net assets, capital and current,
assets including real estate, etc., but not including
patents, good will, etc., were valued in 1913 at
about $14,000,000, about one-half of which
represented cash and quick assets. The com-
pany owns about $1,200,000 of the $1,500,000
common (voting) stock of Otis-Fenson Elevator
Co. of Canada..
Surplus after charges, 12/31/14 .. $876,425*
*Compares with four year average of $1,100,000
Original Market—Offered in April,' 1910, by
Blair & Co., New York, at 98}4 and interest.
Market.
New York—Fred. H. Hatch & Co., J. K.
Rice, Jr., Co., McGeorge & Vanderhoef,
Spencer Trask & Co., Curtis & Sanger, Berdell
Bros., Wm. A. C. Ewen, Blair & Co., Adams &
Co., Kirpkatrick & Lewis, Jenks, Gwynne & Co.,
Tobey & Kirk, C. H. Jones & Co.
Boston—J. A. Hutchinson, Adams & Co.
L, Sherman Adams.
OTIS STEEL CO. 6% Secured Notes. Due
$400,000 each July 1, 1916 to 1919.—F.
Dated January 1, 1914. Interest payable
January 1 and July 1.
Authorized—$2,000,000.
Outstanding—$1,600,000.
Denomination—Coupon, $1,000.
Trustee—First Trust & Savings Co., Cleve-
land, Ohio.
Redeemable on any interest date in numerical
order at 101 and interest.
Organization—Incorporated in Ohio.
Secured by a first lien on $2,000,000 of the
$5,000,000 outstanding 1st mortgage bonds
620
(authorized issue, $10,000,000) of the company.
The deposited bonds are secured on the plants
of the company in Cleveland, Ohio, one located
on 15 acres on the lake front and the other to
cover 20 acres of a 200-acre plot fronting on the
Cuyahoga River, which the company owns.
The company manufactures steel plates, castings
and forgings for shipbuilders, boiler makers, etc.
Net Earnings are reported to have averaged
about $550,000 per annum for the five years
from 1909 to 1913.
Original Market—$1,200,000 offered in March,
1914, by the First National Bank of Cleveland,
Ohio, at 100 and interest.
OTTAWA ELECTRIC CO. Ref. Ist 5s.
June 1, 1933.
Dated June 1, 1908. Interest payable June
and Dec. 1, at Imperial Bank of Canada, Toronto
and Montreal.
Authorized—$1,125,000.
Outstanding—$625,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal.
Trustee—National Trust Co., Toronto. |
Organization and Control—Incorporated in
July, 1894, in Canada as a consolidation of the
Ottawa Elec. Light Co., Chaudiere Elec. Light
& Power Co. and the Standard Elec. Co. of
Ottawa. Controlled by the Ottawa Lt., Heat
& Power Co. through ownership of $1,491,000
of the $1,500,000 capital stock.
Secured by a second mortgage on electric plant
supplying Ottawa, Canada and vicinity. In
tee eompany sold street lighting plant to
the City.
Prior Liens—$500,000 Deb. 5s of 1920.
Net Earnings (O. Lt., H. & P.)
12/31/13. ccc ice
Interest fcccscie ces ants aki aay 86,754
Original Market—Offered Feb., 1912, by The
Dominion Securities’ Corp., Ltd., and the Royal
Securities Corp., Ltd., beck of Montreal.
arket.
Providence R. I.—Miller & George.
Montreal—W. Graham Brown & Co.
Toronto—Dominion Securities Corporation.
OTTUMWA TRACTION & LIGHTING CO.
Ist 5s. Due Oct. 1, 1921.—N.
Dated October 1, 1901. Interest payable
April 1 and October 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$286,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—United States Mortgage & Trust
Co., New York. ‘
Redeemable on Oct. 1, 1911, at 105 and inter-
est, and annually thereafter, at a price decreas-
ing one-half of 1% per annum, .
Sinking Fund—$8,000 a year to be applied to
the retirement of these bonds.
Assumed by the Ottumwa Ry. & Lt. Co.
Organization—Absorbed by the Ottumwa Ry.
& Lt. Co. For further details see O. Ry. & Lt.
5s below.
Secured by a first mortgag2 on the property
described under the Ry. & Lt. Co. 1st & Ref. 5s
of 1924, below.
Underlies—$1,034,000 O. Ry. & Lt. 5s 1924,
Due
and
Registerable
Net Earnings, 12/31/14.......... $145,802
Interest. icons ae ete cae os ete i
This ingue,. nas. .0¢ ames eee eee 15,418
Market
New York—H. M. Byllesby & Co.
Chicago—H. M. Byllesby & Co.
Cincinnati—Rudolph Kleybolte & Co.
OTTUMWA RAILWAY & LIGHT CO. Ist &
Ref. 5s. Due Jan. 1, 1924.—F.
Dated January 1, 1906. Interest payable
Jan. and July 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,054,000 ($206,000 owned by
the Standard Gas & Elec. Co.).
Retired by Sinking Fund—$67,000. |
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central ‘Trust Co. of
Chicago.
Redeemable at 103 and interest upon four
weeks’ notice. ‘
Sinking Fund—1% per annum of outstanding
amount of bonds in semi-annual installments
to purchase or redeem bonds at 103 and interest.
Bonds so redeemed are to be cancelled. This
fund began operation July 1, 1909.
Organization and Control—Incorporated in
Delaware, 1905, as the successor to the Ottumwa
Traction & Light Co. $630,200 of the $650,000
common stock, $234,500 of the $449,900 7 % pre-
ferred stock and $206,000 of this issue of bonds
are owned by the Standard Gas & Electric Co.
Secured by a second mortgage on 18 miles of
traction lines in the city of Ottumwa, also on the
company’s electric lighting and steam _ heating
plants. Company has 63 miles of pole lines and
about three miles of steam heating mains. Pop-
ulation, served 25,000.
Franchises expire July 8, 1926.
Prior Liens—$286,000 Ottumwa Traction &
Lt. Co. 5% bonds due 1921.
Net Earnings, 12/31/14.......... $145,802
Interest......... ieohaus sane areal oeeee 66,918
Original Market—$450,000 offered in May,
1906, by Breed & Harrison, Cincinnati, at 97
and interest.
Market.
New York—Wnm. P. Bonbright & Co., F. H.
Hatch & Co., E. & C. Randolph, Kirkpatrick &
Lewis, Berdell Bros., H. M. Byllesby & Co.
Cincinnati—Geo. Koehler & Co.
Chicago—H. T. Holtz & Co., A. E. Butler &
Co., Hulburd, Warren & Chandler, E. T. Kons-
berg & Co., H. M. Byllesby & Co.
Boston—Moors & Cabot.
OZARK & CHEROKEE CENTRAL RAILWAY
Illinois,
CO. 1st 5s. Due Oct. 1, 1913. Extended to
Oct. 1, 1914.—F,
See Map 111.
Dated October 1, 1903. Interest payable
aoe and Oct. 1, at Bankers’ Trust Co., New
ork.
Note—These bonds were extended to April 1,
1915, with interest at 6%.
Authorized—$3,000,000.
Outstanding—$2,880,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at par and interest on any interest
date upon 90 days’ notice.
Guaranteed principal and interest by the St.
Louis & San Francisco R. R. Co. by endorsement.
Latter company now in Receivers’ hands.
Control—Deeded to the St. Louis & San Fran-
cisco R. R. Co. in 1907.
Secured by a first mortgage at $20,000 per
mile on the line of railway from Fayetteville,
Ark. on the “Frisco” westward to Okmulgee,
Okla., (9) 144 miles, and a second mortgage on
(10) bridge over the Arkansas River at Muskogee,
Okla. At the time of the maturity of this issue
(Oct. 1, 1918) the St. Louis & San Francisco R. R.
being in Receivers’ hands was unable to meet the
rincipal. A committee was formed with E. S.
age as Chairman and Girard Trust Co., Phila.,
and the Columbia Trust Co., N. Y. as deposite
aries for the bonds. An agreement was made
whereby the bondholders were to receive the full
5 % interest for one year in consideration for which
no foreclosure proceedings were to be brought
until not earlier than Oct. 1, 1914.
Underlies—$69,524,000 General 5s of 1927 (St.
L. & S. F. R. R.). Bonds of that issue were re-
served to take up the O. & C. C. Ry. 5s at
Registerable
621
maturity, but owing to the Receivership and the
low prevailing price for the Frisco 5s it was
found impossible to market the same.
Legal for Mo.
Listed on the New York Stock Exchange. :
Original Market—Offered in 1904, by Mason,
Lewis & Co. (now Lewis Bros. & Co., Boston),
and Farson, Leach & Co., New York and Chicago,
at 98 and interest.
Mar
Chicago—Yard, Otis e Taglor, Bolger, Mosser
& Wellaman.
622
Boston—A. B. Leach & Co.
St. Louis—Bowman, Cost & Co.
‘New tora C. Langley & Co., A. B. Leach
& Co., Curtis & Sanger, Farson, Son = Co.,
Spencer Trask & Co., Coffin & Co., B &
Eldredge, Bigelow & Co., Newborg & Co., Red-
mond & Co., L. M. Prinee & Co., McGeorge &
Vanderhoef, Callaway, Fish & Co., Edmund
Seymour & Co., Leonard Snider & Co., A. E.
Fitkin & Co., Alfred R. Risse, Rauscher &
Childress, Gilbert Elliott & Co.
e
PABST BREWING CO. Ist 4s. Due $150,000
annually each June 1, to June 1, 1929,
inclusive.—F, .
Dated June 1, 1906. Interest payable June
and Dec. 1, at Trustee’s office. ;
Authorized—$3,500,000.
Outstanding—$2,058,000.
Retired—$942,000.
Denomination—Coupon, $1,000.
as to principal. |
Trustee—Wisconsin Trust Co., Milwaukee,
Registerable
is.
Redeemable at 105 and interest on any
interest date.
Organization—Incorporated in Wisconsin in
1871 as Phillip Best Brewing Co. and present
name adopted in 1889. The company began
business in 1844. :
Secured by a first mortgage on large brewing
plant in Milwaukee, Wis., with an annual ca
pacity of 2,000,000 barrels, and on 428 pieces
of property located in 186 different cities used
for distributing the company’s products and
including 209 ice houses valued Dec., 1918, at
$11,414,199.
Net Earnings, 12/31/13.......... $997,463
Interest on bonds...............+ 108,415
Market.
Milwaukee—First Savings & Trust Co., Wis-
eonsin Trust Co.
PACIFIC & EASTERN RAILWAY CO. Ist 6s.
Due June 1, 1937.—F.
See Map 92. .
Dated June 1, 1909. Interest payable June
and Dec. 1,.at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$114,300. :
Deposited as_Collateral—$185,700 deposited
under the S. P. & S. Ry. Co.’s 1st mortgage.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust.Co., New York.
Redeemable at 105 and interest on any interest
date after June 1, 1917. :
Sinking Fund—$20,000 per annum to be ap-
plied to, the purchase of bonds at not exceeding
105, and interest.
Organization and Control—Incorporated in
Oregon in 1907. Controlled by the Spokane,
Portland & Seattle Ry. Co. by ownership of
$500,000 (entire) capital stock. The Spokane,
Portland & Seattle Ry. Co. is controlled jointly
by the Great Northern Ry. Co. and the Northern
Pacifie Ry. Co.
Secured by a first mortgage on (8)°33 miles of
road from Medford, Ore., to Butte Falls, Ore.
The road connects with the Southern Pacific
Co.’s line at Medford. It is proposed to extend
the line to Bend, Ore., where connection will be
made with the S. P. & S. Ry. Co. for Spokane
and points east thereof.
Deficit from Operations, 6/30/14 ..$12,660
Interest on bonds................ 18,000
Other interest..............0.00- 94,785
Market.
New York—Evans, Stillman & Co., Wm. A.
C. Ewen.
PACIFIC COAST BISCUIT CO. Ist 6s.
March 15, 1919.—N.
Dated. March 15, 1899. Interest payable
March and Sept. 15, at Equitable Trust Co.,
New York, or Anglo-California Bank, San
Francisco.
Authorized—$1,500,000.
Outstanding—$350,000.
Retired by Sinking Fund—$150,000.
Held in Treasury—$200,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—$25,000 per annum.
Due
Organization—Incorporated in New Jersey in
1899 ‘as a consolidation of a number of biscuit,
cracker and candy companies, owning plants in
Portland, Ore., Spokane, Wash., Seattle, Wash.,
Los Angeles, Sacramento and San Francisco,
al. : ,
Secured by a first, mortgage on real estate,
buildings and machinery formerly belonging to
nine cracker and candy companies, and located
in various cities on the Pacific Coast.
Market.
New York—Robinson & Co.
San Francisco—Byrne & McDonnell.
Seattle—W. D. Perkins & Co.
(THE) PACIFIC COAST CO. Ist 5s. Due
June 1, 1946.—F. :
Dated December 1, 1897. Interest payable
June and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Organization—Incorporated in New Jersey
in 1897 as successor to the Oregon Improvement
Co. whose property was sold under foreclosure.
Owns the entire capital stock of the Pacific
Coast Steamship Co., owning 18 steamers plying
along the Pacific Coast from Alaska to Mexico.
Also owns all the securities of the following com-
panies: The Columbia & Puget Sound R. R.,
owning 57 miles of road including line from Seattle
to Franklin, Wash., and branches; The Pacific
Coast Ry., owning 99 miles of narrow gauge road,
including line from Port San Luis to Los Olivos,
Cal., and branches; The Pacific Coast Coal Co.,
owning coal mines comprising 3,850 acres at
Franklin, Wash.
Secured by a direct first mortgage on coal
handling plants at Seattle, Tacoma, San Fran-
eisco, Portland, Ore., and Juneau and Nome,
Alaska; on over 8,000 acres of coal land in Wash-
ington, mines, equipment, etc. Further secured
by deposit of all the stocks and bonds of sub-
sidiary companies including those mentioned
under “Organization.”’
Net Earnings, /6/30/14.......... $834,933*
Interest.............. 259,375
Dividends, etc.......,-.-....... 780,447
*Compares with $1,225,259 in 1912-138.
Listed on the New York Stock Exchange.
Market.
New York—Blodget & Co., Coffin & Co.,
Clark, Dodge & Co., E. F. Hutton & Co., Bryne
& MeDonnell, Newborg & Co., J. H. Becker &
Co., Sesaongood & Haas.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
PACIFIC COAST COLLIERIES, LTD., 1st
wae. Collateral Trust 6s. Due Nov.
1, 1942.
' Dated Nov. 1, 1912. Interest payable March
1 and November 1 at any branch of Merchants’
Bank of Canada_and at London Joint Stock
Bank in London, Eng.
Authorized—$3,500,000.
Outstanding—$1,600,000.
Denomination—Coupon, $100, $500
$1,000, and sterling equivalents.
Trustee—Prudential Trust Co., Ltd., Mon-
treal and London.
Sinking Fund—7c. per ton of 2,240 lbs. run
of mine coal, with a minimum of $60,000 per
annum, to retire bonds at not exceeding 105 and
interest. Ge
Organization—Incorporated under the laws
of Canada. ees
_ Secured by a second lien by deposit of over
99% of the capital stock of the Pacific Coast
Coal Mines, Ltd., which company may not issue
any additional stocks or bonds, on large coal
areas on the East Coast of Vancouver Island,
and
623
plants, 12 mile railroad, employees’ houses,
terminal property of 100 acres at tidewater, and
all other property.
Prior Liens—$1, 140,000 Pacific Coast Coal
Mines, Ltd., bonds.
Original Market—$500, 000 offered in June,
1911, by Canada Securities Corp., Ltd., of Mon-
treal; at 98 and interest with 35 % bonus of com-
mon stock.
PACIFIC COAST PownE co.
March 1, 1940. a
Dated March 1, 1910. Interest payable
March and Sept. 1, at Harris Trust & Savings
Bank, Chicago, Harris, Forbes & Co., New York,
and N. W. Harris & Co., Boston.
Authorized—$10,000, 600.
Outstanding—$3, 990, 000 (Closed rere)
Denomination—Coupon, $1, he a eee le
as to principal. Registered, $1,0
.Trustee—Harris Trust & eae Bank,
Chicago.
Redeemable at 105 and interest on March 1,
1915, or on any interest date thereafter.
Assumed by the Puget Sound Traction Light
& Power Co. °
Control—Absorbed in 1912 by the Puget
Sound Traction Light & Power Co.
Management—Stone & Webster.
Secured by a first mortgage on hydro-electric
plants and water nebis sapable of an ultimate
development of over 80,000 h. p., located within
20 miles of Seattle, Week, and further secured
by deposit of 64% ($4, 125 .400) common stock
of the Seattle Electric Co. and 72 % ($1,637,400)
common stock of the Seattle-Tacoma Power Co.
The properties of these companies have been
acquired a the Puget Sound Traction, Light
& Power Co.
ot ,500,000 P. S. T., L. & P. 5s,
9
Net Earnings, 12/31/14........ $3,443,966
Interest and sinking fund....... ,118,856
Original’ Market—$2,000,000 offered 1910,
at 97 and interest, by Harris, Forbes & -Co.,
New York, N. W. Harris & Co., Boston, and Har-
ris Trust & Savings Bank, Chicago. Offered in
1911 by E. B. Smith & Co., Philadelphia.
Market.
New York—Harris, Forbes & Co., Coffin &
Co., Hornblower & Weeks, Low, Dixon & Co.,
Berdell Bros., Estabrook & Co.
Worcester—Kinsley & Adam:
Chicago—Harris Trust & Savings Bank, Ames,
Emerich & Co.
Philadelphia —E. B. Smith & Co., Chandler &
Co.
Portland, Me.—Chester H. Pease.
Boston—N. W. Harris & Co., E. M. Farns-
worth & Co., W. L. Raymond & Co., Hornblower
& Weeks, Stone & Webster, F. B. Bassett & Co.
PACIFIC ELECTRIC CO. 1st 5s.
“19
1st 5s. Due
Due Jan. 1,
Dated Jan. 1, 1902. Interest payable Jan,
and July 1, at Union Trust Co., San Francisco,
al.
Pore aay
Outstanding—$8,439,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., San Francisco, Cal.
Sinking Fund—$5,000 annually from Jan. 1
1907, to 1912; $10, 060 to 1917; $15,000 to 1522)
$20,000 to 1927; $25,000 to 1982; $30,000 to
1987, and $35, 000 thereafter. Sinking Fund
to be used to purchase bonds of this issue if
obtainable at not exceeding par, otherwise to be
invested in other securities.
Control—Absorbed by the (new) Pacific
Electric Ry. Co. The entire capital stock of
the latter company ‘is owned by the Southern
Pacific Co.
Secured by a mortgage on about 125 miles
of street and interurban railway track in and
around Los Angeles, Cal., on most of which these
bonds are a first mortgag re.
Prior Liens—About $1,500,000 5s.
Underlies—$32,675,000 Ist Ref. 53 of 1961,
which mortgage provides for the retirement
of these bonds.
Net Earnings, 6/30/13
Interest on bonds........
This isSle: «i335 scsi ns os cee
Listed on the San Francisco Stock and Bond
Exchange.
Market.
New York—E. H. Rollins e Sons, E. F,
Hutton & Co., John’ ye Curtis & Co.
San Francisco—W. R. - Staats & Co., Torrance,
Marshall & Co.
Boston—E. H. Rollins & Sons,
Los Angeles—Perrin, Drake & Riley.
PACIEIC ELECTRIC RAILWAY CO. 1st Ref.
‘Due Sept. 1,-1961.—F.
. eel Sept. 1, 1911. Interest payable March
and Sept. 1, at ‘Trustee’s office.
* Authorized—$100,000,000.
Oatstanding—$32,67: 5, 000.
Denomination—Coupon, $1,000. Registerable
as to principal only.
‘Trustee “United States. Mortgage & Trust
» New York.
OrgunlentionscBncerworatad in California in
1911 as a consolidation of a number of traction
properties in and around Los Angeles, Cal.
Controlled through ownership of entire cap-
ital stock by the Southern Pacific Co.
Secured by a mortgage on 551 miles of road,
comprising 972 miles of electric railway track
radiating from Los Angeles, Cal. Of this mile-
age 271 are double main track; 725 miles of
track are on private right of way and 247 miles
on public highways. The company largely
purchases power.
Prior Liens—$26,789,000 bonds of constitu-
ent companies for the retirement of all of which
bonds are reserved under this mortgage.
soe and Market—See Pac. El. Co. 1st 5s
above.
PACIFIC GAS & ELECTRIC CO. (San Fran-
cisco) Gen. & Ref. 5s. Due Jan. 1, 1942.
Tax exempt in California.
Dated December 1, ‘1911.
Interest payable
_ Jan. and July 1, at company’s offices, New York
or San Francisco.
Authorized—$150,000,000.
Outstanding —$29,976,000.
Held in Sinking Fund—$235,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registere $1, 000, $10,000 and
multiples. C. & R. interc' angeable.
Trustees—Bankers’ Trust Co., New York and
Frank B. Anderson, San Francisco.
Redeemable at 105 and interest in blocks of
not less than $500,000 prior to Jan. 1, 1937, and
thereafter as a whole at par and interest, on any
interest date.
Sinking Fund—Semi-annual payments from
April 1, 1912, of 1% of all the outstanding bonds
of the company, including underlying bonds
and bonds held alive in sinking funds, to be ap-
plied ¢ to the purchase of bonds of this or under-
ying issues at not exceeding the price at which
such bonds are redeemable. Bonds of this issue
so acquired are to be cancelled and other bonds
acquired are to be held alive. It is estimated
that this fund will retire a total of $38,000,000
bonds at maturity.
Organization—Incorporated in California in
1905 and has acquired a large number of gas,
electric and water power properties in Central
California.
Secured by a mortgage on 18 hydro-electric
and steam plants, with a combined capacity of
232,680 h.p., of which 128,080 is hydro-electric
624
and 190,000 h.p. additional ‘development near-.
ing completion: 1,696 miles of transmission lines
with 2,322 miles of distributidh lines and 67
miles of underground conduits in six cities; 60
reservoirs with a storage capacity of 3,761,577,-
000 cubic feet; 17 gas plants with over 2,200
miles of mains; steam heating plants; water
distribution systems and pumping stations and
40 miles of street railway track in Sacramento.
The various plants of the company supply 162
cities and towns with electric light and power;
41 with gas; 8 with water for domestic pur-
poses. The company’s operations extend into
30 counties, comprising an area of 37,452 square
miles and containing a population of over
1,350,000. In addition to the operations men-
tioned the company serves a large area with
water for irrigation. The cities served include
San Francisco, Oakland, Sacramento and San
Jose. Franchises are either unlimited as to
time or extend with minor exceptions, beyond
the maturity of these bonds.
Prior Liens—About $50,073,000 bonds of
constituent companies for the retirement of all
of which provision is made in this mortgage.
Net Earnings, 12/31/14.,....... $8,306,582
Interest on bonds............. 3,889,277
Listed on the Unlisted Department Chicago
Stock Exchange.
Legal for Cal. 7
Original Market—$20,000,000 underwritten by
J. P. Morgan & Co., and offered _in 1911 by
N. W. Halsey & Co., and Harris, Forbes & Co.,
New York, at 9244 and interest; additional
$5,000,000 offered in 1912, by N. W. Halsey &
Co. at 9144 and interest.
' Market. ;
New York—-N. W. Halsey & Co., Harris,
Forbes & Co., Wm. P. Bonbright & Co., Burgess,
Lang & Co., Gude, Winmill & Co., Wolff &
Stanley, F. H. Hatch & Co., Coggeshall & Hicks,
Low, Dixon & Co., Herrick & Bennett, E. F.
Hutton & Co., Foster & Adams, Babcock, Rush-
ton & Co., L. A. Norton, J. Hathaway’ Pope &
Co., Hornblower & Weeks, H. N. Whitney &
Sons, Lamarche & Coady, Byrne & McDonnell,
R. F. Westerfield, Rauscher & Childress, Geo.
H. Burr & Co., Eastman, Dillon & Co., Kirk-
patrick & Lewis, H. D. Robbins, Berdell Bros.,
John D,. Curtis & Co., Ernest Smith, Chas. H.
Jones & Co.
Portland, Me.—Chas. N. Gilman & Co.
St. Louis—Francis Bro. & Co., Wm. R.
Compton Co., Mercantile Trust Co., John Nick-
erson, Jr. ,
Chicago—Harris Trust & Savings Bank, Stan-
wood, Taylor & Co., Ft. Dearborn Trust _& Sav-
ings Bank, Union Trust Co., Nationa, Bank of
the Republic, White, Weld & Co., Hulburd,
Warren & Chandler, Ames, Emerich & Co.,
N. W. Halsey & Co., John Burnham & Co.,
W. R. Compton & Co. .
New Haven—Chas. W. Scranton & Co. 2
Boston—Merrill, Oldham & Co., N. W. Harris
& Co., W.L. Raymond & Co., Walter S. Place,
Bond & Goodwin, L. Sherman Adams, F. B.
Bassett & Co. ‘
Kansas City—-Commerce Trust Co.
Hartford—Richter & Co.
Philadelphia—Mellor & Petry, Cassatt & Co.,
E. B. Smith, Borden & Knoblauch, Oscar R.
Dare, Henry & West, Chandler & Co., Wistar &
Stokes, S. K. Phillips,C. J. Bender & Co., Reed
Huntoon.
San Francisco—Sutro & Co., Torrance, Mar-
shall & Co., Staats & Co., Byrne & McDonnell,
N. W. Halsey & Co. 2
Montreal— Dominion Securities Corp.
Omaha—City Trust & Safe Depr 0.
PACIFIC GAS & ELECTRIC CO. (PHOENIX
ARIZ.) 1st S. F. 6s. Due Jan. 1, 1931.—F.
Dated January 3,1911. Interest payable Jan.
and July 1, at Union Trust Co., New York.
625
Authorized—$1,250,000,
Outstanding—$783,000.
Retired by Sinking Fund—$15,000.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal. _.
Trustee—Union Trust Co., New York.
Redeemable at 105 and interest Jan. 1, 1921,
or on any interest date thereafter.
Sinking Fund—2% annually of outstanding
bonds, from Dec. 1, 1914, to 1921, and 3% an-
nually thereafter for the purchase or redemption
of these bonds at not over 105 and interest.
Bonds acquired to be cancelled.
Organization—Incorporated in Arizona in
es as successor to the Phoenix Light & Fuel
0.
_ Secured by a first mortgage on plants supply-
ing gas and electricity to Phoenix, Ariz. 30
on hydro-electric plant of 1,000 kw. and 65 miles
of transmission lines, Franchise for gas ex-
Pires in 1947, electricity in 1936, and for trans-
mission lines are indeterminate. Population
served 20,000.
Underlies—$54,000 6% Debs. 1924.
Net Earnings, 12/31/13....... s+» $124,423
FREOPORE os ove wea ax aires an CoMe 48,546
Original Market—Offered in 1911, by E. H.
Rollins & Sons, Boston and New York, at 101
and interest.
Market.
New York—E. H. Rollins & Sons.
Chicago—E. H. Rollins & Sons.
PACIFIC LIGHT & POWER CO. Ist 5s. Due
July 1, 1942.—F. . .
Dated Some 1, 1902. Interest payable
Jan. and July 1, at N. W. Halsey & Co., New
York and at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$7,837,000.
Cancelled by Sinking Fund—$1,858,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., San Francisco.
Sinking Fund—Annually, from Jan. 1, 1905,
2% of outstanding bonds up to Jan. 1, 1910;
1910 to 1942 inclusive, 214%, for the purchase of
bonds at not more than 110 and interest, or other-
wise to be invested in approved securities.
Guarantee—$2,350,000 of these bonds are
. guaranteed as to principal and interest by the
Los Angeles Ry. Corporation by endorsement.
- Control—Absorbed in 1910 by the Pacific
Light & Power Corp., which is controlled through
ownership of 4 majority of capital stock by
H. E. Huntington.
Secured by a mortgage on all the property
formerly belonging to the Pacific Light & Power
Co. and embraces a steam generating plant at
Redondo, Cal., of 55,000 h.p., together with
transmission lines to Los Angeles and distri-
bution system in that city.
Prior Lien—$318,000 San Gabriel Electric
Co. 1st 6s for the retirement of which provision
is made in this mortgage.
Underlies—$14,600,000 1st and Ref. 5s and
Coll. Tr. 6s of the Pac. Lt. & Power Corp.
Provision is made in that mortgage for the re-
tirement of this issue.
Net Earnings, 12/31/14........ $1,797,655
Interest 0.6 iues sa ee a uses 1,307,787
Original Market—Offered in 1902, by N. W.
Halsey & Co., New York, San Francisco and
Chicago.
Market.
New York—N. W. Halsey & Co., Dick Bros.
& Co., Byrne & McDonnell, E. F. Hutton & Co.
Berdell Bros., John D. Curtis & Co., H. D. Rob-
bins, Gude, Winmill & Co., Kirkpatrick & Lewis.
Boston—Merrill, Oldham & Co.
Los Angeles—P. B. Hammond.
San Francisco—Wm. R. Staats Co., Torrance,
Marshall & Co., Sutro & Co., N. W. Halsey & Co.
Philadelphia—S. K. Phillips, Borden &
Knoblauch, : :
Chicago—Stanwood, Taylor & Co, .
St. Louis—John Nickerson & Co.
PACIFIC LIGHT & POWER CORPORATION
Coll. Tr. 6s. Due July 1,1915.—
Tax exempt in California.
Dated July 1, 1910. Interest payable Jan. and
July 1, at Trustee’s ane
Authorized—$3,000,000.
Outstanding—$2, 338, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. .
‘Trustee—Equitable Trust Co., New York.
‘Redeemable at 10214 and interest on any
interest date.
Convertible on any interest day prior to matur-
ity, into bonds of the Southern California Gas
Co. The bondholder may elect to take either a
ove 40-year bond at par or a 5% 40-year bond
ato ionisndon®-8ee 1st and Ref. 5s below.
Secured by a deposit of . $3,184,000 (entire
outstanding) Southern Cal. Gas Co. first mort-
gage bonds covering by first lien plant supplying
gas to Los Angeles and suburbs. hese notes
are secured equally and ratably with the 1st and
Ref. 5s on the property covered by that mort-
gage.
Earnings—See Pac. Lt. & Pr. 5s above.
Original Market—Offered in Oct., 1910, by
N. W. Halsey & Co., New York, Philadelphia,
Chicago and San Francisco, at par and interest.
Market. ..
Philadelphia—Borden & Knoblauch, s. K.
Phillips. ,
New York—N. W. Halsey & Co., Wm. Salo-
mon & Co., Harris, Forbes & Co.
Chicago—Breitung & Co.
Boston—Parkinson & Burr.
PACIFIC LIGHT & POWER CORPORATION
Ist & Ref. S. F. 5s. Due Sept. 1, 1951.—F,
Tax exempt in California.
Dated September 1, 1911. Interest payable
March and Sept. 1, at Trustee’s office, New
York, or Company's eae Los Angeles. *
Authorized—$35,0: 000.
Outstanding—$12, or 000. ,
Held in Treasury——$1, 783,000. ere
Held in Sinking Fund—$264, 000.
Denomination—Coupon, $1,000.
as to principal. Registered, $1,000. C. & R.
interchangeable.
Trustee—United States Mortgage & Trust Co.,
New York.
Redeemable as a whole or in part for sinking
fund at 105 and interest on any interest date
on 60 days’ notice.
Sinking Fund—1% annually, on Sept. 1,
commencing 1914, of all, bonds issued, including
bonds reserved for refunding purposes, for the
purchase or redemption of these bonds at not
over 105. and interest. Bonds so acquired to be
kept alive and interest added to sinking fund.
Controlled by H. E.. Huntington, through
ownership of a majority of capital stock.
Organization—Incorporated in California, in
1910 as successor to the Pacific Light & Power
Co. Owns a majority of the stock and all the
bonds of the Southern California Gas Co. and
the entire capital stock of the Mentone Power
Co. and Riverside Power Co. Also controls
Kern River Co.
Secured by a mortgage equally and ratably
with the Coll. Tr. 6s on plants supplying elec-
tricity for lighting, power and street railways in
Los Angeles, Cal. and vicinity. The property
eovered includes steam plants in Los Angeles and
Redondo and hydro-electric plants of a com-
bined capacity of over 130,000 h.p. and an
ultimate capacity of over, 00, 000 h.p.; also
453 miles of transmission lines. Population
626
Registerable .
served, 550,000. Franchises in cities and towns
are perpetual. Transmission lines are either
on private right of ey or under franchises
extending to or beyond 1951.
Prior Liens—$37,000 Mentone Power Co. Ist
58; $313,000 San Gabriel Electrie Co. 1st 6s and
$7,837,000 Pac, Lt. Pow. Co. Ist 5s of 1942,
for the retirement of which bonds are reserved
under this mortgage.
Net Earnings, 12/31/14... . $1, ie 655
Interest sicncecs yscceersueisiouy wer arcs 9187
Original Market—$10,000,000 cttarca ie Feb-
ped 1912, at 92 and interest, by Wm. Salomon
Co., New York, Estabrook & Co., and Parkin-
son & Burr, Boston and New York.
Market.
New York—Wm. Salomon & Co., Curtis &
Sanger, Wolff & Stanley, McGeorge & Vander-
hoef, Estabrook & Co., Coffin & Co., EB. & C.
Randolph, Foster & Adams, Byrne & McDon-
nell, A. E. Fitkin & Co., Rauscher & Childress,
KE. F. Hutton & Co., Jacobson & Friedman,
F. H. Hatch & Co., J. S. Bache & Co., Berdell
Bros., John D. Curtis & Co.
Chicago—Wollenberger & Co., E. L. Lobdell
= Co., Allerton, Greene & King, John Burnham
& Co. Chapman, Mills & Co., A. E. Butler &
Co., Hulburd, Warren & Chandler, E. T. Kons-
berg & Co.
Boston—Curtis & Sanger, Parkinson & Burr.
Minneapolis—Stevens, Chapman & Co.
Cincinnati—Field, Longstreth & Co.
Toledo—Secor & Bell.
San Francisco—Wm. R. Staats & Co., Sutro
& Co. ; :
Philadelphia—Chandler & Co., K. Phillips.
Los Angeles—Perrin, Drake & Biles Blanken-
horn & Rath.
St. Louis—G. H. Walker & Co.
PACIFIC PORTLAND CEMENT CO. CONS
1st 6s. Due Aug. 2, 1927.
Dated Aug. '2, 1907. Interest payable Feb.
and Aug. 2, at ‘Trustee’: 's office or United States
Mortgage & Trust Ci ‘ew York.
Authorized—$750,
penne een
Retired by Sinking Tuad—$187,
Denomination—Coupon, $1, 000.”
as to principal.
Trustee—Mercantile Trust Co., San Francisco.
Redeemable on any interest date at 105 and
interest.
‘Sinking Fund—Jan. 1, 1915, 1/13; 1916, 1/12;
1917, 1/11, ete., of an “aggregate sum equal to
105 % of the face value of bonds outstanding to
be applied to the purchase of these bonds at not
over 105 and interest. Fund will retire entire
issue by maturity.
Organization—Incorporated in California in
1905 as successor to the Pacific Portland Cement
Co. (1901). In 1912 acquired the Western
Gypsum Co., Reno, Nev., and the Nevada
Gypsum Co., Mound House, Nev.
Secured by a first mortgage on two cement
mills at Cement, .Cal., annual capacity of over
2,000,000 barrels, and cement deposits in
Solana County, Cal.; also on quarries near Auburn,
Placer County, Cal.
Market.
San Francisco—Sutro & Co., Wm. R. Staats &
So Torrance, Marshall & Co., Byrne & McDon-
nel
New York—Byrne & McDonnell.
PACIFIC POWER & LIGHT CO. Ist & Ref. 5s.
Due Aug. 1, 1930.—F.
Dated August 1, 1910. Interest payable Feb.
and Aug. 1, at Trustee's office.,
Anchors — $30,000,000.
Outstanding—$7, 001, 000. 3 ‘
Denomination—Coupon, $1,000. Registerable
- to eo prineipal. Registered, $5,000 or multiples.
Cc. R. interchangeable.
000.
Registerable
Trustee—United States Mortgage & Trust Co.,
New York. '
Redeemable as a whole on any interest date
on four weeks’ notice at 105 and interest up to
December 31, 1925; at 104 and interest in 1926;
at 103 and interest in 1927, at 102 and interest in
1928, and at 101 an interest in 1929, and to July
31, 1980, inclusive. A portion of the issue may
be redeemed by lot on the above basis by the use
of moneys in the improvement fund.
Sinking and Improvement Fund—The com-
pany is required to pay the Trustee annually
from 1915 to 1919, inclusive, 1%; from 1920 to
1924, inclusive, 2%; and from 1925 to 1929,
inclusive, 3% of all outstanding bonds, including
underlying bonds, and of any outstanding bonds
of corporations, two-thirds of whose capital
stock is at the time owned by the company and
pledged under the mortgage. In case the net
earnings of the company for the twelve months
ending May 81 in any of the years from 1925 to
1929, inclusive, equal or exceed three times the
interest charge on all bonds outstanding, then
the amount required to be paid into the improve-
ment fund on the next succeeding August 1st
need be equivalent to only 2% instead of 3%.
Funds in the Improvement Fund may be used
for improvements and betterments to the prop-
erty, or for the redemption of bonds of this issue.
Organization, and Control—Incorporated in
Maine in 1910 to take over the gas, electric and
street railway properties formerly owned by the
Northwestern Corp. of Philadelphia, the. North-
west Light & Water Co., the Yakima Valley
Power Co., the Astoria Electric Co., the
Wasco Warehouse Milling Co. and has since
acquired other properties. Also owns entire
capital stock of the Walla, Walla Ry. Co. Prop-
erties are located in Washington, Oregon and
Idaho. The entire common stock of the com-
pany is owned by the American Power & Light
Co., which in turn is controlled by the Electric
Bond & Share Co., a subsidiary of the General
Electric Co. 7
Secured by a first mortgage on hydro-electric
plants of 15,000 h.p. and steam plants of 7,000
h.p.; 444 miles of transmission lines and 495
miles of distributing lines; gas plants in Lewiston,
Idaho, Walla Walla, Clarkston and North
Yakima, Wash. and in Astoria and Pendleton,
Ore., Plants supplying water for domestic uses
in Kennewick, North Yakima, Parker Prosser
and Pasco, Wash. and Hood River, Ore., and on
plants supplying electricity to 41 towns including
those already mentioned. Further secured by
deposit of the entire capital stock (no bonds.
outstanding) of the Walla, Walla Valley Ry. Co.
owning 30 miles of electric railway in Walla Walla,
Wash.,, and extending to_Milton, Ore. Popu-
lation ‘served, 100,000. Franchises are either
unlimited in time or with exceptions extending
well beyond the maturity of these bonds. The
electric franchise in Sunnyside, the gas in Lewis-
ton and the water in Prosser expire in 1929.
Two unimportant electric franchises expire in 1924.
Net Earnings, 12/31/14.......... $716,655
_ Interest on bonds now out....... 384,439
Listed on the New York Stock Exchange. _
Original Market—Offered in 1910 by White,
Weld & Co., and Clark, Dodge & Co., New
York, at 94 and interest, and also offered in 1911
by White, Weld & Co. and Wm. A. Read & Co.,
New York, at 95 and interest. .
Market. 7
Chicago—Peoples’ Trust & Savings Bank,
Northern Trust Co.,.Wm. A. Read & Co.,
Chicago Sav. Bank & Trust Co., Ft. Dearborn
Trust. & Sav. Bank, Ames, Emerich & Co.,
E. T. Konsberg & Co., Hulburd, Warren &
oon Yard, Otis & Taylor, John Burnham
0.
Philadelphia— Montgomery, Clothier & Tyler,
S. K. Phillips. :
New York—-Wm. A. Ewen, White, Weld &
Co., A. E. Fitkin & Co., Bigelow & Co., Wm. A.
Read & Co., Clark, Dodge & Co., Low, Dixon &
Co., Newborg & Co., J. A. Clark & Co., E. & C.
Randolph, Foster & Adams, Berdell Bros., John
e Curtis & Co., Ernest Smith, R. B, Hathaway
oO.
Baltimore—W. W. Lanahan &.Co.
Boston—Wm. A. Read & Co., George L. Ware,
L. Sherman Adams. ;
Kansas City—H. P. Wright Inv. Co.
Providence—Miller & George.
Milwaukee—First Savings & Trust Co.
New Haven—Farlee & Goodrich.
PACIFIC RAILROAD CO. OF MISSOURI Ist
Extended 4s. Due Aug. 1, 1938.—N.
See Map 78.
Dated August 1, 1868. Extended Aug. 1,
1888; interest reduced from 6%. Interest payable
Feb. and Aug. 1, at Bankers’ Trust Co., N.Y.
Authorized—$7,000,000.
Outstanding—$6,996,000.
Held in Treasury—$4,000. 5
Denomination—Coupon, $1,000. Registerable
as Fo pelnelpal.
Trustee—Bankers’ Trust Co., New York.
go oarel Absorbed by the Missouri Pacific
y. Co. 7
Assumed by the Missouri Pacific Ry. Co. ~
Secured by a first mortgage on (10) 285 miles of
road from St. Louis to Kansas City, Mo., con-
stituting the main line of the Missouri Pacific
System from St. Louis to the west and south-
west.. These bonds are outstanding at the rate
of $24,700 per mile. : :
Underlies—$51,000,000 Pace. R. R. of Mo. 2nd
Extd. 5s of 1988; M. Pac. 8d Extd. 4s of 1938;
Mo. Pac. Cons. 6s of 1920; and 1st & Ref. 5s of
1959. Bonds are reserved under the latter mort-
gage for the retirement of these bonds.
Legal for Mo.
Listed on the New York Stock Exchange.
arket.
New York—Spencer Trask & Co., Tobey &
Kirk, Wolff & Stanley, Korn, Lehman & Co.,
Freeman & Co., Newborg & Co., L. M. Prince
Co., Coffin & Co., Hartshorne & Battelle,
Whittemore, Pell & Co., L. F. Hepburn, Mc-
George & Vanderhoef, J. H. Becker & Co.
Baltimore—Jenkins, Whedbee & Poe.
PACIFIC RAILROAD CO. OF MISSOURI 2d
Ext. S. F. 5s. Due July 1, 1938.—F.
See Mep 18.
Dated July 1, 1871. Extended July 1, 1891;
interest reduced from 7%. Interest, payable
Jan. and July 1, at Bankers Trust Co., New York.
Authorized—$3,000,000. -
Outstanding—$2,573,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Edwin D.
Seligman.
Sinking Fund—$50,000 annually on or before
April 15th, to be applied to the purchase of these
bonds at not exceeding par. Bonds so acquired
to be cancelled. , ‘
Assumed by the Missouri Pacific Ry. Co. |
Conteak— Absorbed by the Missouri Pacific
y. Co.
Secured by a second mortgage on (10) 285
miles of road from St. Louis to Kansas City,
Mo., subject to a prior lien at the rate of $24,700
per mile. These bonds are outstanding at the
rate of $9,100 per mile.
Prior Liens—$7,000,000 Pac. R. R. of Mo. 1st
Extd. 4s of 1938.
Underlies—$48,500,000 Mo. Pac. 3d Extd. 4s of
1938, Mo. Pac. Cons. 6s of 1920, and Ist & Ref. 5s
of 1959. Bonds are reserved under the latter
mortgage for the retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—Wolff & Stanley, Newborg & Co.,
Morgan and Joseph
627
D. H. Keily, J. H. Bache & Co., L. F. Hepburn,
Tobey & Kirk, Seasongood & Haas.
Baltimore—Jenkins, Whedbee & Poe.
PACIFIC RAILROAD CO. OF MISSOURI
Carondelet Branch Ist Ext. 414s. Due
Oct. 1, 1938.—N.
See Map 78.
Dated October 1, 1873. Extended Oct. 1,
1893, interest being reduced from 6%. Interest
parle April and Oct. 1, at Bankers Trust Co.,
ew York. 7
Authorized—$500,000.
Outstanding—$237,500 (Closed mortgage).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. :
.Trustees—Jesse Seligman and James Baker.
gene eaned by the Missouri Pacific
y. Co. :
Assumed by the Missouri Pacifie Ry. Co.
Secured by a first mortgage on (9) 13 miles of
road from Kirkwood to Carondelet, Mo. These
bonds are outstanding at the rate of $18,900
per mile.
Underlies—$48,500,000 Mo. ‘Pac. 3d Extd. 4s
of 1988; Cons. 6s of 1920; and 1st & Ref. 5s of
1959. Bonds are reserved under the latter mort-
gage to retire this issue.
Legal for Mo.
Market.
New York—F. J. Lisman & Co., L. F. Hep-
burn, Tobey & Kirk. ;
PACIFIC RAILROAD CO. OF MISSOURI
St. Louis City Real Estate Ist Ext. 5s. Due
May 1, 1938.—F.
Dated May 1, 1872. Extended May 1, 1892,
interest being reduced from 8%. Interest pay-
able May and Nov. 1, at Bankers’ Trust Co.,
New York.
Authorized—$800,000.
Outstanding—$800,000.
Denomination—Coupon, $500 and_ $1,000.
Famterahle as to principal only or fully regis-
terable.
Trustees—R. J. Lackland and Dwight Durkee.
Assumed by the Missouri Pacific Ry. Co.
Secured by a first mortgage on real estate in
the City of St. Louis; bounded by 7th St., Cerre
St., 11th St. and Poplar St.; bounded by 12th
St., Austin St., 14th St., and Randolph St., and
on numerous other parcels of real estate in the
same vicinity. This property is located in the
heart of the business center of St. Louis.
Underlies—$48,500,000 Mo. Pac. 8rd_Extd. 4s
of 1988; Cons. 6s of 1920; and 1st & Ref. 5s of
1959. Bonds are reserved under the latter
mortgage to retire this issue.
Legal for Mo.
Market.
New York—Spencer Trask & Co., Whitte-
more, Pell & Co., L. F. Hepburn, Tobey & Kirk.
(THE) PACIFIC TELEPHONE & TELEGRAPH
O. lst & Coll. Tr. S. F. 5s. Due Jan. 2
1937.—F. : $
Tax exempt in California.
Dated January 2, 1907. Interest payable Jan.
and July 2, at United States Mortgage & Trust
Co., New York, and at San Francisco.
Authorized—$35,000,000.
Outstanding—$34,295,000.
Held alive in Sinking Fund—$705,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $10,000 and $50,000. C. & R. inter-
changeable. .
_Trustee—Mercantile Trust Co. of San Fran-
cisco.
Redeemable at 110 on Jan. 2, 1922, or on any
interest date thereafter. .
Sinking Fund—Annually five-eighths of 1% of
the bonds outstanding from Jan. 2, 1912, for the
purchase or redemption of these bonds at not
over 110 and interest. Bonds so acquired to be
held alive and interest added to this fund. It
is estimated that this fund will retire $10,000,000
bonds by maturity. F
Controlled by the American Telephone &
Telegraph Co. through ownership of a majority
of its capital stock.
Secured by a first mortgage on the Bell tele-
phone system in San Francisco, and a second
mortgage on what was formerly the independent
telephone system in that city, and a first lien,
through deposit of 6% demand_notes, on the
entire Bell telephone system in California, Ore-
gon, Washington and Idaho. In March, 1915,
the company was notified by the City Council
of Los Angeles, that the franchises of the Sun-
set Tel. & Tel. Co., under which this company
operates in Los Angeles, would not be renewed
when they expire in November, 1916, and that
only one telephone company would be per-
mitted to operate in the city after that date, and
in view of these facts this company was advised
to make some arrangement with the independ-
oe for operating after its franchise
expired,
Prior Lien—$7,080,000 Home Long Distance
Telephone Co. Ist 5s of 1932. ~-
Net Earnings, 12/31/14........ $4,825,434
Interest and rentals............ 2,565,258
Listed on the New York, Boston and San
Francisco Stock Exchanges and Unlisted Dep’t
Chicago Stock Exchange.
Original Market—Offered in 1909 by J. P.
Morgan & Co., Kidder, Peabody & Co., and in
1910 by Bond & Goodwin, and N. W. Harris &
Co., New York; and $2,000,000 offered in 1911,
by Harris, Forbes & Co., New York, at 99 and
interest. $3,000,000 offered Jan., 1914, by Lee,
Higginson & Co., Boston, etc., at 98}4 and in-
terest
Market.
New York—H. N. Whitney & Sons, Kuhn,
Fisher & Co., Harris, Forbes & Co., Gilman
Clucas, J. S. Bache & Co., Curtis & Sanger, Jack-
son & Curtis, Low, Dixon & Co., Byrne & Mc-
Donnell, Seasongood & Haas, Lee, Higginson &
Co., E. F. Hutton & Co., Hendrichsen & Co.
4 Baltimore—Nelson Cook & Co., Alex. Brown &
ons.
Portland, Me.—Maynard S. Bird & Co.
Chicago—Harris Trust & Savings Bank,
Ames, Emerich & Co., Chapman, Mills & Co.,
McCoy & Co., Harris, Winthrop & Co.
Boston—N. W. Harris & Co., Kuhn, Fisher &
Co., E. M. Farnsworth & Co., Merrill, Oldham &
Co., J. L. Wilson & Sons, Parkinson & Burr,
Edgerly & Crocker, W. L. Raymond & Co., Lee,
Higginson & Co., Kidder, Peabody & Co.
Philadelphia—Henry & West, Graham & Co.,
Reilly, Brock & Co.
San Francisco—Sutro & Co., Byrne & Me-
Donnell.
PACKARD MOTOR CAR CO. 5% Notes. Due
Dec. 1, 1916.—F.
Dated December 1, 1911. Interest payable
June and Dee. 1, at Central Trust Co., New York,
or in London.
Authorized—$3,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Redeemable at 101 and interest on any interest
date in lots of not less than $200,000.
Organization—Incorporated in Michigan in
1909 as successor to the company of same name
incorporated in 1900. Company’s plant is
located in Detroit.
Security—A direct obligation of the company,
but not a mortgage.
’ Net Earnings, after interest and
depreciation, /8/31/14....... $1,141,564
Original Market—Offered in 1911, by Wm. A.
628
Read & Co., New York, Boston, etc., at 9814 and
interest.
; Market.
New York—Wnm. A. Read & Co., Brown Bros.
& Co., Gwynne Bros., Kirkpatrick & Lewis.
Philadelphia—Bioren & Co., Brooke, Stokes
& Co.
Detroit—First National Bank, W. A. Hamlin
Co.
Chicago—Hulburd, Warren _& Chandler.
Boston—Wm. A. Read & Co.
PAD CITY RAILWAY Ist 5s. Due May
2
Dated May, 1902. Interest payable Jan. and
July 1, at New York Trust Co., New York.
Authorized—$1,000,000.
Outstanding—$238,000.
Held by Paducah T. & L. Co. and Paducah
Lt. & Pr. Co., $152,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal or fully registerable.
Trustee—New York Trust Co., New York.
Management—Stone & Webster.
Control—Absorbed by Paducah Trae. Co.,
which is controlled through ownership of entire
capital stock by the Paducah Traction & Light
o.
Secured by a mortgage on the street railway
system in Paducah, Ky. The entire system
embraces 19 miles of track and serves a popula-
tion of 25,000. Franchises expire in 1931.
Prior Liens—$275,500 bonds for the retire-
ment of which bonds of this issue are reserved.
Underlies—$640,000 Paducah T. & L. 5s.
Net Earnings, (P. T. & L. Co.) :
12/31/14...... a ioecae enna a $109,431
Interest and Sinking Fund....... 91,431
This issue............ ccc eeeee . 48,571
Market.
Boston—Stone & Webster.
aaa ak STREET RAILWAY 6s. Due July
Dated 1898. Interest payable Jan. and July
1, at Fidelity Trust Co., Louisville, Ky.
Authorized—$250,000.
Outstanding—$100,000.
Trustee—Fidelity Trust Co., Louisville, Ky.
Redeemable as a whole at par and interest.
Secured by a second mortgage on a part of the
street railway system in Paducah, Ky. For other
details see Paducah City Ry. 5s, above.
Prior Lien—$77,000 ist 6s
Underlies—$828,000 Paducah City Ry. 1st 5s
of 1932 and Paducah T. & L. 5s, which mortgages
provide for the retirement of these bonds.
Net Earnings (P. T. & L.),
T2/B1/14 pawns gd cers 23 sees $109,431
Interest. snus amiss 4s celers nd sca 91,431
ENS TOU da lowes ohh acho 8 eto ee 36,671
Market.
Boston—Stone & Webster.
PADUCAH TRACTION & LIGHT CO. Ist Coll.
Tr. 58. Due Nov. 1, 1935.—F.
Dated Nov. 1, 1905. Interest payable May
and Noy. 1, at State Street Trust Co., Boston,
ass.
Authorized—$2,000,000.
Outstanding—$640,000.
Held in Sinking Fund—$49,000,
Held in Treasury—$77,000.
Denomination—Coupon, $1,000.
Trustee—State Street Trust Co.,
ass,
Redeemable as a whole at 105 and interest at
any time.
Sinking Fund—1% of bonds outstanding an-
nually from Nov. 1, 1911.
Organization—Incorporated in Maine in 1905
and owns the securities of the Paducah Trac-
tion Co. and the Paducah Light & Power Co.’
Management—Stone & Webster.
Boston,
629
Secured by a first lien on the stocks of the
Paducah Traction Co. and the Paducah Light &
Power Co., pice do the street railway, gas and
electric business in Paducah, Ky. Population
served, 25,000. Electric franchise expires in
1982, street railway in 1931. Gas and heating
franchises unlimited as to time.
Prior Liens—The companies whose securities
are deposited are holding companies and have
no outstanding bonds. There are outstanding
against the properties controlled about $277,000
6% bonds and $288,000 5% bonds.
Net Earnings, 12/31/14......... - $109,431
Interest and Sinking Fund....... 431
Listed on the Louisville Stock Exchange.
. Market.
Boston—Stone & Webster. :
Chicago—Hulburd, Warren & Chandler.
New York—J. H. Becker & Co. :
PAGE WOVEN WIRE FENCE CO. Ist 5s.
Due April 1, 1922.—F. ,
Dated April 1, 1902. Interest payable April
and Oct. 1, at Equitable Trust Co., New York.
Authorized—$2,000,000.
Outstanding—$394,000.
Retired in 1911—$106,000 were paid off out of
earnings and $800,000 exchanged for preferred
stock. $700,000 additional have been retired.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable.at 110 and interest. :
_ Sinking Fund—At least $100,000 per year sink-
ing fund payments have been anticipated to
Organization—Incorporated in New Jersey in
1902, as successor to Illinois corporation (1899)
of same name. ‘
Secured by a first mortgage on an open hearth
steel plant, rolling mill, fence factory, etc., at
Monessen, Pa,, and a fence factory at Adrian,
Mich. Daily output of all plants 700 tons of
finished products.
Net Earnings, 6/30/13............ $50,658
Interest. osu esis; ae auueaaien. 6 womnes « 19,700
Dividends iis: 5 55 cawus e Arwen es 48,000
Listed on Unlisted Dep’t Chicago Stock
Exchange. :
Market.
Chicago—E. T. Konsberg & Co., J. B. Sardy
& Co., John Burnham & Co., A. E. Butler & Co.,
Hulburd, Warren & Chandler.
New York—Tobey & Kirk.
PAINT CREEK COLLIERIES CO. Ist S. F. 58°
Due Jan. 1, 1956.—F.
Dated Jan. 1, 1906. Interest payable Jan. and
July 1, at Scranton Trust Co., Scranton, Pa.
Interest due Jan. 1, 1915, in default.
Authorized—$3,000,000.
Outstanding—$2,913,000.
treasury. :
Denomination—Coupon, $1,000.
Trustee—Scranton Trust Co., Scranton, Pa.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—Extension of operation of
sinking fund granted by bondholders from April
1, 1909, to Jan. 1, 1916, amd reduced from 5 to
3 cents per ton of coal shipped or converted
into coke. Whenever fund amounts to $10,000
it shall be used by the trustee to purchase bonds
in the open market at the lowest price obtainable
and not over 103 and interest. If not so pur-
chasable they are to be called at 105 and interest.
$625,000 capital stock and $1,250,000 bonds
(60%) of the Crescent Coal & Lumber Co. are
deposited with the trustee on account of this
fund. The latter company owns 17,000 acres
of coal and lumber lands in West Virginia.
Organization and Control—Incorporated in
West Virginia in 1906 and is controlled by the
Lackawanna Coal Lumber Co. through
ownership of entire capital stock. .
Balance held in
Secured by a first mortgage on a ‘perpetual
lease of 18,200, acres of coal lands in Fayette and
Kanawha Counties, W. Va. Estimated to
contain 120,00,000 tons of minable coal; also on
12 collieries with a combined daily capacity of
5,000 tons. ;
Market.
Philadelphia—Chandler & Co., Mellor &
Petry, O. B. Lansinger & 'Co., Geo. N. Fleming.
Scranton—Brooks & Co., E. A. Burke & Co.,
New York—Bigelow & Co., F. H. Hatch & Co.,
Hotchkin & Co., Gilbert Eliott & Co.
PAN-AMERICAN RAILROAD CO. Ist 5s.
Due Jan. 1, 1934.—F.
Dated Jan. 1, 19038. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$2,400,000.
Outstanding—$2,400,000. $397,000 are owned
by the Nat. Ry. of Mexico.
Denomination—Coupon, $1,000. Registerable
as to- principal. : ’
. Trustee—Continental & Commercial Trust &
Savings Bank, Chicago. :
a Beccemabls at 105 and interest on any interest
ate.. a
Guaranteed as to principal and interest by the
National Rys.. of Mexico.
Control—It is proposed to consolidate this
company into the Nat. Rys. of, Mexico, which
now controls the company through ownership ' of
its entire capital stock. : : é
Secured by a first mortgage on 285 miles of
road from San Geronimo, in the State of Oaxaca,
to Mariscal, on the border between Mexico and
Guatemala. :
Underlies—$3,654,000 Pan-American R. R.
Gen. 5s of 1987...
Deficit from Operations (Mexican .
Currency), 12/31/12...... duis
Interest...... aitesnrsp ares Salta aye cael A
Original Market—$1,000,000 offered in 1906,
Mason, Lewis & Co. (now Lewis Bros. & Co:).,
Boston). 4
Market.
Philadelphia—Frazier & Co.
Chicago—Yard, Otis & Taylor, Hulburd,
Warren & Chandler.
..New York—F. J. Lisman & Co., Fred. H.
Hatch & Co., Gilbert Eliott & Co., Bigelow &
Co., Slattery & Co.
PANHANDLE LUMBER CO. Ist Serial 6s.
‘Due $60,000 semi-annually Aug. 1, 1911, to
_ _ Feb. 1, 1921, inclusive.—F.
‘Dated February 1, 1911. Interest
Feb. and Aug. 1, at First National Bank,
and First National Bank, New York.
Authorized—$1,200,000.
Outstanding—$1, 020,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. — r
- Trustee—First Trust & Savings Bank, Chicago.
Redeemable in the reverse of their numerical
order on any interest date at 105 and interest.
Sinking Fund—$3 per 1,000 feet of all timber
cut and removed. With the approval of Pea-
body, Houghteling & Co., this fund may be used
to purchase additional timber land.
Organization—Incorporated in Idaho in 1906.
Secured by a first mortgage on about 89,000
acres of land containing about 944,000,000 feet
of merchantable timber; and on mills located at
Spirit Lake, Idaho, and Ione, Wash., with a
combined capacity of 100,000,000 feet per annum.
Original Market—Offered in 1911, by Peabody,
Houghteling & Co., Chicago, at 101 and interest.
arket.
Chicago—Peabody, Houghteling & Co., Hul-
burd. Warren & Chandler.
PANHANDLE TRACTION CO.
April 1, 1933.
ayable
hicago,
1st 5s. Due
630
“Dated April’ 1, 1903. Interest payable Apr.
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at par and interest on any interest
date.
Controlled by the Wheeling Traction Co.
through ownership of entire capital stock. The
latter company is controlled through stock
ownership by the West Penn Traction Co., whose
roperty is leased to the West Penn Traction &
ater Power Co., a subsidiary of the American
Water Works & Electric Co. q b
Secured by a first mortgage on 18 miles of
electric railway partly on fee right-of-way
from Wheeling to Leazureville, W. Va. Popula-
tion served, including Wheeling, 60,000. Fran-
chises in Ohio County perpetual and in Brooks
County extend to 1950. The company purchases
power.
Market.
Wheeling, W. Va.—Geo. W. Baron.
PARE Ee (eo WORKS ist 5s. Due Aug. 1,
1931.—F.
Dated Aug. 1, 1906. Interest payable Feb.
and Aug. 1, at Girard Trust Co., Philadelphia.
Authorized—$300,000.
Outstanding—$200,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to. principal. . :
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest.
Organization—Incorporated in New Jersey
in 1895. :
Secured by a first mortgage on four open-
hearth furnaces, a rolling mill, a blowing mill,
and tile plant, on 100 acres of land at Perth
Amboy, N. J. Plants are reported to have cost
$1,200,000.
. Original Market—First offered by Fanshawe,
Cadwalader & Co., Philadelphia, at par and
interest, Aug., 1906. <
Market.
Philadelphia—Mellor & Petry, S. K. Phillips,
PARK & TILFORD Deb. 6s.
Dated June 1, 1906. Interest payable June
and Oct. 1, at Lincoln Trust Co., New York.
Authorized—$3,000,000. :
Outstanding—$2,720,000.
Retired by Sinking Fund—$280,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Lincoln Trust Co., New York.
Sinking Fund—Began June 1, 1908, and re-
quires payments sufficient to retire $40,000 bonds
annually to 1916; $60,000 annually to 1926 and
$100,000 annually thereafter. Bonds are to be
purchased or redeemed at not over 110. and
interest. :
Organization—Incorporated in New York in
1906. Business founded in 1840. The company
operates 10 large staple and fancy grocery stores
in New York City and one in West End, N. J.
Security—A direct obligation of the company
but not secured by a mortgage. The company
agrees to maintain net quick assets equal to the
pe value of bonds outstanding. The company
as no outstanding funded debt other than these
debentures.
Original Market—First offered by Mackay &
Co., New York, at 105 and interest in Aug., 1906.
Market.
New York—Tobey & Kirk, G. W. Walker &
Co., J. K. Rice, Jr., & Co., Bigelow & Co., F. H.
Hatch & coger ners & Battelle, L. A. Nor-
ton, B. H. & F. W. Pelzer, Geo. S. Crap, Did-
pichsen & Co., Kirkpatrick & Lewis, R. F. Wes-
erfield.
Due June 1, 1936.
(THE) PARR SHOALS POWER CO. Ist S. F.'
5s. Due April 1, 1952.—F.
Dated ‘Aug. 1, 1912. Interest payable April
and Oct. 1, at Trustee’s office. .
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
4 Redeemable at 105 and interest on any interest.
ate. , a
Sinking Fund—Semi-annually Jan. and July
1,from 1918 to 1951 and on Jan. 1, 1952, one-
half of 1% of the total authorized issue for the
purchase or redemption of these bonds at not
over 105 and ‘interest. Bonds so acquired to
be held alive and interest thereon added to this
fund. It is estimated that this fund will retire
80% of total issue. os
Guaranteed as to principal, interest and sink-
ing fund by endorsement by the Columbia Rail-
way, Gas & Electric Co. of Columbia, S. C.
Control—The entire $2,000,000 common stock
is owned by the C. Ry. G. & E. Co., which com-
pany does the entire street railway, gas and
electric light and power business in Columbia,
S. C. Population about 56,000. ort,
Secured by a first mortgage on a hydro-elec-
tric plant located on the Broad River about 27
miles from Columbia, S. C., with an initial de-
velopment of 18,000 h.p. and an ultimate devel-
opment of 24,000 h.p.; also on 27 miles of double
circuit steel tower transmission lines to Colum-
bia and substation in that city. The company
has already contracted 10,800 h.p. to be delivered
April 1, 1914.
Net Earnings, (C. Ry., G. & E. Co.)
12/31/14 $335,402
*Interest and sinking fund 141,393
*Does not include interest on these bonds.
Original Market—Offered by Redmond & Co.
and Spencer Trask & Co., New York, March,
1914, at 90 and interest.
Market.
Philadelphia—F. P. Ristine & Co.
PARSONS PULP_& LUMBER CO. Ist Serial
6s. Due semi-annually each May and Nov.
Ist as Nov. 1, 1913 to Nov. 1, 1924, inclu-
sive.—F.
Dated November 1, 1909. Interest payable
May and, Noy. 1, at Girard Trust Co., Philadel-
phia, Central Trust Co. of Ill., Chicago, or Bank
of Scotland, London, Eng.
Authorized—$3,800,000.
Outstanding—$2,345,000.
' Retired—$656,500.
Held in Treasury —$298,000.
‘Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustees—Girard Trust Co. and Charles J.
Rhoades, Philadelphia.
Redeemable at 10114 and interest.
Sinking Fund—$3 per thousand feet log
scale, for all timber cut, and 10 cents per cord of
wood cut, as a sinking fund to retire the principal
of this bond issue. Should the deposit exceed
the amount of bonds maturing in any year, the
Trustee is required to purchase or call for re-
demption, at a premium of 114%, the unmatured
bonds to an amount sufficient to exhaust the
surplus. i
Guaranteed as to principal and_interest by
William Whitmer & Sons, tne: of Philadelphia,
by endorsement.
_ Control—The entire $2,000,000 capital stock
is owned by William Whitmer & Sons, Inc.
Secured by a first mortgage on 100,400 acres
of timber land owned in fee and on timber deeds
in 63,000 acres containing over 1,700,000,000
eet of merchantable timber in West Virginia
and North Carolina and on 55 miles of railroad,
three saw mills and pulp mills.
Net Earnings, after interest,
12/31/13
$373,478
631
Original Market—$3,000,000 offered in 'Feb.,
1910, by A. B. Leach & Co., New York and
Chicago, Clark L. Poole & Co., and Devitt,
Tremble & Co., Chicaea, at par and interest.
arket.
New York—A. B. Leach & Co.
Chicago—Hulburd, Warren & Chandler, Yard,
Otis & Taylor, John Burnham & Co., Devitt,
Tremble & Co. :
PARSONS WATER SUPPLY & POWER CO.
Ist 6s. Due April 30, 1922.—N.
Dated 1892. Interest payable Jan. and July
81, at Farmers’ Loan & Trust Co., New York.
Authorized—$200,000.
Qutstanding—$151,000.
Retired by Sinking Fund—$14,000.
Denomination—Coupon, $1,000.
eo nee femme Loan & Trust Co., New
ork.
Redeemable at par and interest.
Sinking Fund—1 % of bonds outstanding to be
applied to redemption of bonds by lot at par
and interest.
Organization—Incorporated in Kansas in 1892
as a reorganization of the Parsons Water Co.
Secured by a first mortgage on plant supplying
water to Parsons, Kansas. Franchise gives the
municipality right to purchase plant at arbi-
trated price at five year intervals from 1892 to
1922, or at any time thereafter, but company
has right to operate under present rates until
municipality purchases plant. Population served
,000.
Net Earnings, 12/31/12. $21,658
Interest on bonds.............. . 090
Market.
New York—McGeorge & Vanderhoef.
PASADENA & MOUNT LOWE RAILWAY CO.
Ist 4s. Due June 1, 1930.—N.
Dated 1900. Interest payable June and Dee.
> Trustee’s office, or Chase Nat’! Bank, New
ork.
Authorized—$500,000. -
Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ‘
a ee nen Trust Co.,
ai. = 1
Redeemable at 104 and interest on any in-
terest date on four weeks’ notice.
Sinking Fund—$5,000 annually from 1911 to
1916; $7,500, 1916 to 1921; $10,000, 1921 to
1926 and $12,500 annually thereafter.
Guaranteed as to Piiuctpal and interest by
the Los Angeles Ry. Corp. and the Los Angeles
& Pasadena Ry. Co.
Control—Absorbed by the Pacific Electric Ry.
Co., which is controlled by the Southern Pacific
Co. through ownership of entire capital stock.
Secured by a first mortgage on interurban rail-
way between Pasadena and Mont Lowe, Cal.
Underlies—$41,100,000 Pacific Electric Ry.
1st Ref. 5s of 1961 and Pac. El. Co. 5s, 1942.
Net Earnings, Pac..El. Ry.,
San Francisco,
B/BO/1B ie. co iis cee nesisin eg 2 $2,807,872
Interest). si 2s esas es eieia'n es 2,258,353
This issue: v3 sis ciie oh cee 55 we 837,253 -
_ Market.
San Francisco—Wm. R. Staats & Co.
Los Angeles—Torrance, Marshall & Co.
New York—E. F. Hutton & Co.
Chicago—W. R. Staats & Co.
PASSAIC & NEW YORK RAILROAD Ist 5s.
Due Dec. 1, 1940.—F.
See Map 52.
Dated Dec. 1, 1885. Extended from 1910
with interest reduced from 6%. Interest pay-
ape ie and Dee. 1, at 50 Church St., New
ork.
Authorized and Outstanding—$70,000.
Denomination—Coupon, $500.
as to principal only.
Trustee—E. H. Ammidown, New York.
Guaranteed as to interest by New York, Susq.
& West. R. R. Co.
Organization and Control—Incorporated in
New Jersey in 1885. All of the stock is owned
by and the property leased for 999 years to the
New York, Susquehanna & West. R. R. Co.,
which is controlled by the Erie R. R. Co., which
is controlled by the Erie R. R. Co. Rental is
interest on bonds. ;
Secured by a first mortgage on (7) three miles
of railroad from Passaic to Passaic Jct, New
Jersey. - :
Net Earnings (N. Y.S. & W.R.R.
Registerable
Co.), 6/30/14 oe . $1,602,789
Rentals... ° 295,230
Interest....... ei 822,893
igi xtended at 101) in Dec.,
Market.
New York—J. A. Clark & Co., Wood, Struthers
& Co., J. H. Becker & Co.
PASSAIC & NEWARK ELECTRIC TRACTION
CO. 1st 5s. Due June 1, 1937.—F.
Dated June 1, 1897. Interest payable June 1
and Dec. 1, at Trustee’s office.
Authorized—$1,000,000.
‘Outstanding—$550,000.
Denomination—Coupon, $1,000.
as to principal.
‘Trustee—New Jersey Title Guarantee &
Trust Co., Jersey City, N. J.
Guaranteed as to principal and interest by the
Registerable
Consolidated Traction Co. of New Jersey.
Assumed by the Public Service Ry. Co.
of New Jersey, through ownership of the entire
31,000,000 ‘capital stock. The latter company
1898, to the North Jersey St. Ry. Co., which
latter company was absorbed in 1907 by the
Secured by a first mortgage on 11 miles of
track from Passaic to Newark, N. J.
V2 SUITS ie cies orca gon ew soap tne, 6
‘Interest and rentals (subsidiaries) 12,097,109
ket."
Phillips,. Borden &
Knoblauch. " “t
Newark—Fidelity Trust Co., J. S. Rippel.
rick & Lewis, B. H. & F. W. Pelzer.
Paterson—F..A. Peters.
aaa pr oer CO. Ist 6s. Due June
* .—N.
Savings Institution, Paterson, N. J.
Authorized and Outstanding—$50,000.
son, N. J. 5
Control—Absorbed by the Paterson & Passaic
1908 to the Public Service Gas Co. and Public
Service Electric Co., the lease providing for
Secured by a first mortgage on gas plant in
Passaic, N. J. Population, 1910, 54,773. Fran-
Underlies—$4,365,000 5s of Paterson & Passaic
Gas & Elec. Co. and Passaic Lighting Co.
above. ;
Market.
Paterson N. J.—F. A. Peters.
rick & Lewis, Starbuck, Van Sant &. Legg. :
Philadelphia—Borden & Knoblauch.
Controlled by the Consolidated Traction Co.
has leased its property for 999 years from June,
Public Service Ry. Co.
Net Earnings, (P. S. C. of N. J.) $17,568,943
Interest (P. S. C. of N. J.) 3,841,496
Philadelphia—s. wen
New York—W. R.-Smith & Co., Kirkpat-
Interest payable June and Dec. 1, at Paterson
Trustee—Paterson Savings Institution, Pater-
Gas & Elec. Co., which is Jeased for 900 years from
payment of interest and 5% dividends on stock.
chise perpetual.
Earnings—See Passaic & Newark El. Trac. 5s
New York—W. E. R. Smith.& Co., Kirkpat-
Newark—J. S. Rippel.
FASENG LIGHTING CO. Cons. 5s. Due May
i; : ae
Dated May 1, 1895. Interest payable May
and Nov. 1, at Guaranty Trust Co., New York.
Authorized—$450,000.
Outstanding—$316,000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York.
Secured by a second mortgage on property
described under Passaic Gas 1st 63 above, which
see for further details.
Underlies—$4,049,000 Paterson & Passaic Gas
& Elec. 5s.
Prior Liens—$50,000 Passaic Gas Co. 1st 6s.
Earnings—See Passaic & Newark El. Trac. 5s
above. ‘ :
Market.
Paterson, N. J.—F. A. Peters.
New York—W. E. R. Smith & Co., Kirkpat-
rick & Lewis, Starbuck, Van Sant & Legg, B. H.
& F. W. Pelzer.
Philadelphia—Borden & Knoblauch.
Newark—J. S. Rippel.
(THE) PATERSON & PASSAIC GAS & ELEC-
TRIC CO. Cons. 5s. Due March 1, 1949.
-Tax exempt in New Jersey.
Dated March 1, 1899. Interest payable
March and Sept. 1, at First National Bank, New
York, or First National Bank, Paterson, N. J.
Authorized—$5,000,000.
Outstanding—$4,049,000.
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Paterson Safe Deposit & Trust Co.,
Paterson, N. J. i
Organization—Incorporated in New Jersey,
in 1899, as a consolidation of the Peoples’ Gas
Light Co. of Paterson, Paterson Gas Light Co.,
the Edison Electric Illuminating Co. of Paterson
Passaic Lighting Co., the Lodi Light, Heat, &
Power Co. and the Passaic & Bergen Gas Co.
Control—The entire property is leased for 900
years to the Public Service Corp. of New Jersey
and the lease on gas properties assigned, to the
Public Service Gas Co. in 1909 and the lease on
the electric properties to the Public Service
Electric Co. in 1910. Rental, interest on bonds
and 5 %.$5,000,000 capital stock, of which $270,-
000 is owned by the Public Service Corp. :
Secured by a mortgage on gas and electric
plants and distribution systems supplying
Paterson, Passaic and surrounding towns with
gas and electricity. Franchises are perpetual.
Prior Liens—$585,000 Edison Electric Ilu-
minating Co. Cons. 5s of 1925, $50,000 Passaic
Gas Light Co. 1st 5s of 1922, and $316,000
Passaic Lighting Co. Cons. 5s of 1925, for the
retirement of which provision is made in this
mortgage.
poarntnee Bee Passaic & Newark El. Trac. 5s
above.
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—Offered in March, 1899,
by J. & W. Seligman & Co., New York, at 1024
and interest. ;
Market.
Philadelphia—S. K. Phillips, Robt. Glen-
dinning, Borden & Knoblauch, Geo. S. Fox &
pone: ‘W. H. Newbold’s Sons & Co.,,Graham &
0.
Paterson, N. J.—F. A. Peters.
Newark—Fidelity Trust Co., J. S. Rippel,
Clarence Hodson & Co. :
New York—Williamson & Squire, W. E. R.
Smith & Co., B. H. & F. W. Pelzer, Kirkpatrick
Lew Starbuck, Van Sant & Legg, Tobey &
Irk.
Jersey City—Outwater & Wells, Edwin R.
Case. :
682
Registerable
PATERSON EXTENSION RAILROAD CO. 1st
5s. Due June 1, 1950.—F.
See Map 52.
_ Dated June 1, 1881. Extended in 1910 with
interest réduced from 6%. Interest payable
June and Dee. 1, at Erie Railroad Co. office, 50
Church Street, New York.
Authorized—$250,000.
Outstanding—$200,000.
Cancelled by Sinking Fund—$50,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Sinking Fund—Proceeds from the sale of all
lands to be applied to the redemption of bonds
at 105 and interest.
Control—Absorbed by the New York, Susque-
hanna & Western R. R. Co., which is controlled
by the Erie Railroad Co. through ownership of a
majority of its capital stock.
Assumed by the New York, Susquehanna &
Western R. R. Co.
Secured by a first mortgage on (8) three-
fourths of a mile of road from Broadway to
Straight St., Paterson, N. J.
-Underlies—$6,750,000 N. Y., Susq. & Western
Bet 5s of 1937, 2d 414s of 1937, and Gen. 5s of
Net Earnings, 6/30/14......... $1,807,559
Interests: diese Stung waa ieee 822,893
This issue............... : 487,928
Legal for Me.
Market.
é dal York—J. A. Clark & Co., Wood, Struthers
0.
PATERSON RAILWAY CO. Cons. (now Ist)
6s. Due June 1, 1931.—F.
Tax exempt in New Jersey.
Dated June 1, 1891. Interest payable June
land Dec. 1, at First National Bank, Paterson,
J.
Authorized and Outstanding—$1,250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Assumed by the Public Service Ry. Co.
Control— Merged in 1901 with the Jersey City,
Hoboken & Paterson Street Ry. Co., which latter
company was consolidated into the Public
Service Ry. Co. in 1907. This latter company
ig controlled by the Public Service Corp. of New
Jersey.
Secured by a first mortgage on a large part
of the street railway system in Paterson and
Passaic, N. J., and interurban line connecting
these cities with extension from Passaic to
pened comprising 40 miles of street railway
rack.
Underlies—$300,000 2nd Gen. 6s of 1914;
and $14,061,000 Jersey City, Hoboken & Pater-
son Street Ry. Co. 1st 4s of 1949, which mortgage
provides to retire this issue at maturity.
Earnings—See Passaic & Newark El. Trac.
5s above. It is estimated that net earnings
from property covered by this mortgage in year
ended, 12/81/13, were $327,512.
Market.
Paterson, N. J.—F. A. Peters.
New York—W. E. R. Smith & Co., Geo. S.
Crap, Kirkpatrick & Lewis, Starbuck, Van Sant
Legg, B. H. & F. H. Pelzer.
Newark—J. S. Rippel.
Philadelphia—Oscar R. Dare. S. K. Phillips.
PATERSON RAILWAY CO. 2nd Gen. 5s. Due
Oct. 1, 1944.—F.
Originally 6s due in 1914, but extended for 30
years at maturity.
Tax exempt in New Jersey. F
Dated Oct. 1, 1894, Interest payable April 1
and Oct. 1, at First National Bank, Paterson,
Nw J.
Authorized and Outstanding—$300,000.
633
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Paterson Savings Institution, Pater-
son, N. J.
‘ euermanls at par and interest on any interest
ate.
Assumed by the Public Service Ry. Co.
Secured by a second mortgage on the property
covered by the Cons. 6s, see above.
Prior Liens—$1,250,000 Cons. 6s of 1931.
Underlies—$14,061,000 Jersey City, Hoboken
& Paterson Street Ry. Co. Ist 4s of 1949, which
provide to retire this issue at maturity.
Earnings—See Consol. 6s above.
Original Market—Offered by J. S. Rippel,
Newark, N. J. Holders who accepted the ex-
tension were paid $10 cash in respect to each
bond extended.
Market.
Paterson, N. J.—F. A. Peters.
New York—W. E. R. Smith & Co., Bigelow &
0.
Newark—J. S. Rippel.
PAUL SMITH’S ELECTRIC LIGHT & POWER
& RAILROAD CO. Ist 5s. Due Nov. 1,
1936.—F.
Tax exempt in New York State.
Dated Nov. 1, 1906. Interest payable May
and Nov. 1, at Trustee’s office.
Outstanding—$400,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable on any interest date at 105 and
interest. .
Organization—Incorporated in New York in
Secured by a first mortgage on three hydro-
electric plants, total capacity 8,000 h. p., which
supply electricity to the town of Saranac Lake
and other resorts in the Adirondacks, as well as
on 14 miles of electric railway track from Lake
ht Jet. to Paul Smith’s and 6,000 acres of
and.
Net Earnings, 6/30/13........... $52,327
Interests. sieis siawey seo tzapsve « Sauer awe eee E
Original Market—Offered in 1911 by W. N.
Coler & Co., New York, at 9744 and interest.
PAWTUCKET ELECTRIC CO. Cons. 5s. Due
Jan. 1 1938.—F.
Dated Jan. 1, 1908. Interest payable Jan.
i July 1, at Old Colony Trust Co., Boston,
ass.
Authorized—$2,000,000.
Outstanding—$176,000.
Cancelled—$57 4,000. .
Denomination—Coupon and registered, $1,000.
Trustee—Old Colony Trust Co., Boston, Mass.
Redeemable on any interest date at 105 and
interest.
Control—Absorbed by Blackstone Valley Gas
& Elec. Co.
Assumed by the Blackstone Valley G. & E. Co.
Management—Stone & Webster, Boston.
Secured by a second mortgage on plant supply-
ing electricity and steam heat to Pawtucket,
Central Falls, R. I., and vicinity. Population
served, 80,000. Franchise perpetual.
Underlies—$2,006,000 Blackstone Valley Gas
Elec. 5s.
Prior Liens—$474,000 1st 5s, due 1916, for
the retirement of which bonds of this issue are
reserved.
Net Earnings, 12/31/14.......... $511,581
Interest, taxes and sinking fund.. 220,287
HIS 1s8SUC 2.6 gk ta aeke cde oe we 92,750
Market.
Boston—Stone & Webster, Geo. L. Ware,
Estabrook & Co., F. B. Bassett & Co.
Providence—Brown, Lisle & Marshall, Horn-
blower & Weeks, Providence Banking Co.
ie ner York—Kirkpatrick & Lewis, Estabrook
O.
(THE) PAWTUCKET GAS CO. (OF NEW
aeeeey) Coll. Tr. 4s. Due May 1, 1932.
Dated May 1, 1902. Interest payable May
no Nov. 1, at Slater Trust Co., Pawtucket,
Authorized— $2,000 000.
Outstanding—$1,400,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Slater Trust Co., Pawtucket, R. I.
Redeemable as a whole on any interest date at
110 and interest.
Control—All of the common stock owned by
the Blackstone Valley Gas & Electric Co.
Management—Stone & Webster, Boston.
Secured by a first lien on entire capital stock
of Pawtucket Gas Co., which owns, free from
debt, plant supplying gas to Pawtucket, Central
‘alls, R. I., and vicinity. Population served,
80,000. Franchises perpetual.
Underlies—$2,006,000 Blackstone Valley Gas
& Elec. Co. 5s.
Net Earnings, B. V. G. & E. Com-
bined Properties, 12/31/14..... $645,465
Interest, taxes, etc. (subsidiaries) 133,885
Interest, taxes, etc. Be Vs G.&E.) 220,287
arket. £
Boston—Stone & Webster, Estabrook & Co.,
L. Sherman Adams, F. B. Bassett & Co.
a New York—Estabrook & Co., F. H. Hatch &
0.
Providence—Brown, Lisle & Marchall.
PEEKSKILL LIGHTING & RAILROAD Ist
5s. Due Oct. 1, 1930.—F.
Dated Oct. 1, 1900. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized—$750,000.
Outstanding—$646,000.
Held in Treasury—$14,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable as a whole on any interest date at
110 and interest.
Sinking Fund—Annually, $10.80 per bond
of this company outstanding to be invested
in bonds if these can be obtained to yield 4%
or better, otherwise in any bonds listed on the
New York Stock Exchange, yielding at least
4%. Interest on bonds in sinking fund to be
applied to sinking fund.
Control—All of the common stock owned by
the Westchester Ltg. Co., which is controlled by
the Consolidated Gas Co. of New York.
Secured by a first mortgage on plants supply-
ing gas and electricity to Peekskill, N. Y., and
on the street railway system in that city, embrac-
ing 11 miles of track. Population, 1910, 15,245.
Railway and electric franchises are perpetual.
Net Earnings, 6/30/14 . $57,831
Interest, taxes, etc.....
Registerable
Market.
New York—H. L. Crawford & Co., John W.
Christiansen, Tobey & Kirk, Foster & Adams,
H. I. Nicholas & Co., J. H. Howell & Co., Leonard
Snider & Co., L. F. Hepburn, John W. Christian-
sen, Pouch & Co.
New Haven—H. C. Warren & Co.
(THE) PEERLESS MOTOR CAR CO. Ist Serial
6s. Due $100,000 each April Ist to April
1, 1924, inclusive.—F.
Dated April 1, 1912. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,100,000.
Outstanding— $900,000.
Retired—$9 00,000.
Denomination—Coupon, $1,000.
as to principal.
Registerable
Trustee—The Superior Savings & Trust Co.,
Cleveland, Ohio.
Redeemable at 102 and interest on any interest
date in reverse numerical order.
Secured by a first mortgage on the‘company’s
plant in Cleveland, O., embracing 21 acres and
18 buildings with an annual capacity of 1,500
passenger cars and 300 commercial cars. Further
secured by deposit of $156,000 stocks of branch
companies in New York, Boston and Chicago
and on the company’s equity of $347,966 in a
nine-story building on Broadway near 57th
street, New York. The. company covenants
to maintain net quick assets at not less than 100%
of outstanding bonds. —
Original Market—$1,100,000 offered in April,
1912, by the Tillotson & Wolcott. Co., Cleveland,
at par and interest. 2
Market.
Cleveland—The Tillotson & Wolcott. Co.,
Roland T. Meacham.
PEMISCOT RAILROAD CO. Ist 6s.
Oct. 1, 1914.—N.
See Map 107.
Dated October 1, 1894. Interest payable
April and Oct. 1, at Trustee’s office.
Authorized—$150,000.
Outstanding—$54,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. .
Trustee—St. Louis Union Trust Co., St. Louis.
Control—Absorbed by St. Louis & San Fran-
cisco R. R. Co., which is now in the hands of
receivers. .
Secured by a first mortgage on (9) 18 miles of
road from Kennett to Hayti, Mo. These bonds
are outstanding at the rate of $3,000 per mile.
Underlies—$74,000,000 St. L. & S. F. Consol.
4s and Gen. Lien 5s of 1927 and receiver’s certi-
ficates.
Legal for Me. and Mo.
Due
PENINSULAR TELEPHONE CO. ist Mtge. 6s-
Due Series A, Jan. 1, 1943; Series B, Jan.
1, 1931.
Dated Feb. 18, 1914. Interest payable Jan.
1 and July 1, at Columbia Trust Co., New York.
Authorized—$1,500,000.
Issued—Series A, $500,000; Series B, $250,000.
Denomination—Coupon, $1,000 and $100.
Registerable as to principal.
Trustee—Columbia Trust Co., New York. |
Redeemable at 105 and interest on any in-
terest date.
Sinking Fund—Cumulative monthly, begin-
ning Feb., 1914. Designed to retire all bonds
now issued on or before maturity.
Secured by a first mortgage on the independ-
ent telephone system in Tampa, Fla., and tea
towns adjacent thereto, together with approxi-
mately 400 miles of toll lines serving this terri-
tory.
Net Earnings, 12/31/14. . $185,845
Bond and other interest.......... 7
Oviginal Market—Offered in March, 1914, at
ar send interest by Coggeshall & Hicks, New
ork.
PENMANS, LTD. Ist 5s. Due Nov. 1, 1926.—
Dated Nov. 1, 1906. Interest payable May 1
and Nov. 1, at the Bank of Montreal, Montreal
and London.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal.
Trustee—Royal Trust Co., Montreal.
Redeemable in lots of not less than $200,000
on any interest date.
Organization—Incorporated in 1906 in Canada
as a reorganization of the Penman Manufactur-
ing Co., Ltd. Owns all the stock of the Watson
634
ta Co., Ltd., and the Anchor Knitting Co.,
Secured either by a direct first mortgage or
by a first collateral lien on plants at Almonte,
Brantford, Paris, Thorold, and Port Dover,
Ont. and at Coaticook and St. Hyacinthe, Que.
engaged in the manufacture of woolen and
eotton goods.
Net Earnings, 12/31/14....... - $386,874
TRLSTBtis fe hucicncn.n vemivad 2 tact 100,000
Listed on the Montreal and Toronto Stock
Exchanges.
Original Market—Offered in Jan., 1908, by
the Bank of Montreal and Coutts & Co., London,
Eng., at 9734 and interest.
Market.
Toronto—A. E. Ames & Co., Goldman & Co.
Montreal—McCuaig Bros. & Co.
PENN CENTRAL LIGHT & POWER CO. Ist
& Ref. 5s. Due April 1, 1950.—F.
Tax exempt in Pennsylvania.
Dated April 1, 1910. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$4,000,000.
Outstanding—$2,434,500 (Closed mortgage).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
Redeemable at 105 and interest April 1, 1915.
or on any interest date thereafter.
Sinking Fund—1% annually of outstanding
bonds, commencing April 1, 1915, for the pur-
chase or redemption of these bonds at not over
105 and interest.
Extension and Improvement Fund—1% of
outstanding bonds beginning April 1, 1920, and
annually thereafter.
Organization—See 1st & Cons. 6s below.
Secured by a first mortgage on gas plant sup-
plying Huntingdon; steam power plants and
210 miles of transmission lines in addition to
distribution systems extending along the main
line of the Pennsylvania Railroad in Mifflin,
Huntingdon, Blair and Cambria Counties, Pa.,
and supplying electric light and power to Al-
toona, Hollidaysburg, Huntingdon and 20 other
towns and villages and also furnishing power to
coal mines in this territory; a second mortgage
on plants supplying gas and electricity to Lewis-
ton. Further secured by deposit of all the stocks
and bonds of the Pennsylvania Hydro-Electric
Co., owning a combined steam and hydro-
electric plant four miles west of Huntingdon
and all the stock and some of the bonds of the
Lewiston & Reedsville Electric Ry. With the
completion of new power plant 11 miles from
Altoona the company will have a total generat-
ing capacity of 11,000 kw., not including two
plants in Altoona, which are to be discontinued.
Population served over 150,000. Franchises are
reported as perpetual.
Prior Lien—$175,000 Mifflin Co. 1st 5s of 1936.
Underlies—$1,700,000 1st & Cons. 6s of 1963,
which mortgage provides for the retirement of
this issue.
Net Earnings, 12/31/14.......... $347,170
Interest.............004- vee. 254,428
De WG: cain cosa wwe ke 28 152,428
Original Market—Offered in 1910, by Robt.
Glendinning & Co., and W. H. Newbold’s Son &
-Co., Philadelphia, at 96 and interest.
Market.
_Philadelphia—Brown Bros. & Co., Robt. Glen-
dinning & Co., Chas. J. Bender & Co., W. H.
Newbold’s Son & Co., Townsend Whelen & Co.,
Osear R. Dare, Reed & Huntoon, Henry & West,
Chandler & Co., Mellor & Petry, Geo. P. Bissell,
8. K. Phillips, Charles D. Barney & Co., Elkins,
Morris & Co., Frazier & Co., Wistar & Stokes,
Wurts, Dulles & Co.
Chicago—Alfred L. Baker & Co.
New York—Brown Bros. & Co., Berdell Bros.
635
PENN CENTRAL LIGHT & POWER CO.
1st and Cons. 6s. Due Feb. 1, 1963,—N.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1913. Interest payable. Feb.
1 and Aug. 1, at Trustee's office.
Authorized—$7,500,000.
Outstanding—$1,700,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. :
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Redeemable at 105 and interest on and after
Feb. 1, 1918. :
Sinking Fuand—1% per annum on outstanding
bonds under this mortgage beginning 1923. _
_ Organization—Incorporated in Pennsylvania
in 1902 and has acquired the electric properties
in Altoona and Hollidaysburg and the gas and
electric properties in Huntingdon and Lewiston.
Secured by a first lien on new steam power
plant at Williamsburg, 11 miles from Altoona
and a mortgage on the property covered by first
and refunding mortgage and junior in lien to
that mortgage. For further details see lst &
Ref. 5s above.
Prior Lien—$2,600,000 1st and ref. 58 of
1950 for the retirement of which provision is
made in this mortgage and Mifflin Co. Ist 5s.
Earnings—See lst & Ref. 5s, above.
Original Market—Offered in 1913 at par and
interest by Brown Bros. & Co., New York, Phila-
delphia and Boston, and Robt. Glendinning &
Co., of Philadelphia.
Market.
Philadelphia—Chandler & Co., Reed & Hun-
toon, Chas. D. Barney & Co., Robt. Glendin-
ning & Co., Reed A. Morgan & Co., O. B. Lan-
singer & Co., Mellor & Petry, Chas. C. Harrison,
Jr., & Co., S. K. Phillips, Wurts, Dulles & Co.,
Wistar & Stokes, Oscar R. Dare, Frazier & Co.,
Townsend, Whelen & Co.
New York—Brown Bros. & Co., John D. Curtis
& Co., Geo. H. Burr & Co.
REND MARY COAL CO. ist 5s. Due April 1,
9. °
Dated April 1, 1909. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,678,000.
Retired by Sinking Fund—$322,000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 10244 and interest on any
interest date.
Sinking Fund—Six cents a ton on all coal
mined, with a minimum payment of $67,333 per
annum for the purchase or redemption of these
bonds at not over 101 and interest. *
Guaranteed as to principal, interest and sink-
ing fund by the Pennsylvania Steel Co. of New
Jersey. . .
Controlled through ownership of entire capital
stock by the Pennsylvania Steel Co. of New
Jersey.
. Secured by a first mortgage on 16,000 acres ”
of coal lands in Indiana County, Pa., together
with equipment, etc. The mines on this prop-
erty produced 729,000 tons in 1912 and 813,000
tons in 1911. The Pennsylvania and Maryland
Steel Companies have contracted the entire out-
put of these mines at a price sufficient to meet
interest and sinking fund requirements on these
bonds.
Earnings—Average annual combined surplus
of operating companies of Pa. Steel Co. (before
depreciation) for ten years, $2,862,000.
Original Market—Offered in 1909, by Drexel
& Co., Philadelphia, at 101 and interest.
Market.
Philadelphia—Drexel & Co., S. K. Phillips,
R. Glendinning & Co.
New York—J. H. Becker & Co., Brown Bros.
& Co., Hartshorne & Battelle.
PENN PUBLIC SERVICE CO.
Feb. 1, 1962.—F.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1912. Interest payable Feb.
eas Aug. 1, at H. D. Walbridge & Co., New
ork.
Authorized—$4,000,000.
Outstanding—$1,250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 103 and interest on any interest
date on 30 days’ notice.
_ Organization—Incorporated in Pennsylvania
in 1912 and acquired a number of gas, electric
light and power properties in Centre Clearfield,
Indiana, Westmoreland and Cambria Counties,
Pa. Also owns the stocks and bonds of the
Centre & Clearfield Ry. Co. of Philipsburg, Pa.
Secured by a first mortgage on plants sup-
plying electricity to over 20 towns in the
counties mentioned under ‘‘Organization,” and
on gas plant in Clearfield. Further secured by
deposit of the entire $300,000 stock and $300,000
bonds of the Centre & Clearfield Ry. Co., which
owns 13 miles of electric railway between Phil-
lipsburg and Winburne, Pa. Franchises are
perpetual. :
Net Earnings, 12/31/14.......... $133,031
_ Original Market—Offered in 1912, at 95 and
interest, by H. D. Walbridge & Co., New ‘York.
Market.
New York—Fred. H. Hatch & Co., H. D. Wal-
bridge & Co.
Philadelphia—E. R. Barnard, Reed A. Morgan
& Co., Robt. D. Ghriskey & Co.,-S. K. Phillips.
ee R. Dare, E. V. Kane & Co., Rufus Waples
0.
Providence—W. W. White & Co.
PENNSYLVANIA & MAHONING VALLEY
RAILWAY ist & Ref. 5s. Due May 1,
1922.—F.
Tax exempt in Pennsylvania.
Dated May 1, 1902. Interest payable May
and Nov. 1, at Harris, Forbes & Co., New York.
Authorized—$2,750,000.
Outstanding—$1,854,000.
Cancelled by Sinking Fund—$146,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United States Mortgage & Trust
Co., New York.
Sinking Fund of $50,000 annually began Nov.
80, 1911, to be applied to the purchase of these
bonds at a price to yield not lessthan4%. Bonds
so acquired to be cancelled.
Organization and Control—Incorporated in
Pennsylvania in 1902 as a consolidation of a
number of traction companies. Merged in 1905
into the Mahoning & Shenango Ry. & Light Co.,
which company is controlled by the Republic
Ry. & Lt. Co. through ownership of its entire
capital stock.
Secured by a first lien through deposit of se-
curities on 63 miles of single track and by a di-
rect second mortgage on 19 miles of street rail-
way in the city of New Castle, Pa., and on plant
supplying that city with electricity. The road
indirectly covered extends from New Castle,
Pa., through Youngstown, O., to Niles, Warren
and Leavittsburg, O., with branch to Mineral
Ridge and forms the most important part of the
Republic Ry. & Lt. Co.’s railway system. Pop-
ulation served about 150,000; 16 miles of road
is built on private right of way. Franchises in
Pennsylvania are perpetual and in Ohio expire
from 1920 to 1949.
Prior Liens—$500,000 New Castle Traction
Co. 1st 5s of 1927 and $200,000 New Castle Elec-
tric Co. 1st 5s of 1927 for the retirement of which
provision is made in this mortgage.
Underlies—$4,510,000 Mahoning & Shenango
Ry. & Light Co. 1st Cons. Ref. 5s of 1916 and
1st 5s. Due
Senne Rep. Ry. & Lt. Co. 5% Notes due
B2/ 81/18 ois soc esate ns Banta $1,153,706
Interest). sc:3ii%e a6. sue ese 6 diavese wahavidhe 536,264
DiS AUG ix. esionse oda w veers 180,764
Surplus of M. & S. Ry. & Lt. Co., 12/31/14,
available for dividends, $534,373.
Original Market—Offered in 1902 by N. W.
Harris & Co., New York, and Perry, Coffin &
Burr, Boston.
Market.
New York—Harris, Forbes & Co., Coffin & Co.
Geo. H. Burr & Co., John D. Curtis & Co., H. P.
Taylor & Co.
Boston—N. W. Harris & Co., Walter S. Place,
Perry, Coffin & Burr.
Chicago—Harris Trust & Savings Bank, Hul-
burd, Warren & Chandler.
Pittsburgh—H. P. Taylor & Co.
Philadelphia— Oscar R. Dare, Harper &Turner,
Chas. D. Barney & Co., Reilly, Brock & Co.,
S. K. Phillips, Graham & Co., Reed & Huntoon,
Wistar & Stokes.
Buffalo—H. P. Taylor & Co.
PENNSYLVANIA & NEW YORK CANAL &
RAILROAD CO. Cons. 4s, 44s and 5s.
Due April 1, 1939.—F.
See Map 59.
Tax exempt in Pennsylvania.
Dated November 13, 1888. Interest payable
April and Oct. 1, at office of Lehigh Valley R. R,
Co., Philadelphia, Pa.
Authorized—$10,000,000.
Outstanding—$4,000,000-5s; $1,500,000-4 14s;
$3,000,000-4s; (Closed mortgage).
Denomination—Registered, $1,000. 7
Trustee—Girard Trust Co., Philadelphia, Pa.
Guaranteed principal and interest by Lehigh
Valley R. R. Co. by endorsement.
Organization and Control—Incorporated in
Pennsylvania in 1858. All of the stock is owned
by the Lehigh Valley R. R. Co., which leases the
property for 99 years from 1888 at a rental equiv-
alent to interest, taxes and maintenance expenses.
Secured by a first mortgage on (10) 137 miles
of road from Wilkes-Barre, Pa., to the New York
State Line at Sayre, Pa., and branches. The
main line, 96 miles long, is double tracked, and
forms pa of the Lehigh Valley Railroad Co.’s
through line between New York and Buffalo.
These bonds are outstanding at the rate of
$62,000 per mile. :
Refunding—Bonds are reserved under _ the
Lehigh Valley R. R. Co.’s Gen. Consol. Mort-
gage, under which mortgage all of the stock of
the P. & N. Y. C. & R. R. Co., and its lease by
the L. V. R. R. Co. are deposited, to retire this
issue.
Legal for Balt., Cal., Fla., Me., Mich., Minn.,
and N. H.
Listed on the Philadelphia Stock Exchange.
Original Market—$4,000,000 5s offered in Feb.,
1889, at 115 4 and interest, by Brown Bros. & Co.
New York and Philadelphia.
Market.
Philadelphia—Henry & West, Newburger,
Henderson & Loeb, E. W. Clark & Co., Chas.
D. Barney & Co., C. C. Harrison, Jr., & Co.,
E. B. Smith & Co., Brown Bros. & Co., Geo. N.
Fleming, George S. Fox & Sons, R. Glendinning
& Co., W. H. Newbold’s Son & Co., Chas.
Fearon & Co., S. K. Phillips, Elkins, Morris & Co.,
Reilly, Brock & Co., Reed A. Morgan & Ca.,
Graham & Co., Reed & Huntoon.
New York—Hartshorne & Battelle, Ambrose
R. Clark, Coffin & Co.
PENNSYLVANIA & NORTHWESTERN RAIL-
ROAD CO. Gen. 5s. Due Jan. 1, 1930.—F.
See Map 98.
Tax exempt in Pennsylvania.
636
.
Dated Jan. 6, 1890. Interest payable Jan.
and July 1, at Broad Street Station, Philadelphia.
Authorized-——$2,500,000.
Outstanding—$1,021,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
aa to principal.
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia.
Control—Absorbed by the Pennsylvania R. R.
Assumed by the Pennsylvania R. R. Co.
Secured by a first mortgage on (6) 24 miles of
toad from Bellwood to Irvona, Pa., and spurs
to mines, and a second mortgage on (7) 40 miles
of road from Irvona to Fordham, subject to a
prior lien at the rate of $24,400 per mile. These
bonds are outstanding at the rate of $15,900
per mile.
Prior Liens—$1,000,000 Clearfield & Jefferson
Ist 68 of 1927. 7
Underlies—$210,000,000 Cambria & Clearfield
Gen. 4s of 1955, and Penna. R. R. Co. Cons.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—E. Clark & Co., Robt.
Glendinning & Co., Fred. Paxson & Co., Chas.
D. Barney & Co., E. B. Smith & Co., Reed A.
Morgan & Co., Henry & West, Reed & Huntoon,
Elkins, Morris & Co., Geo. N. Fleming, S. K.
Phillips.
New York—Coffin & Co.
PENNSYLVANIA & OHIO RAILWAY Ist 5s.
Due March 15, 1921.—N.
Dated March, 1901. Interest payable May
and Nov. 15, at Citizens’ Savings & Trust Co.,
Cleveland, O.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $500.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, O.
Organization—Incorporated in Ohio in 1898.
Secured by a first mortgage on three miles of
street railway in Conneaut, Ohio, and on inter-
urban line from Conneaut to Ashtabula, Ohio, 13
miles, The company also owns 10 miles from
Ashtabula to Jefferson, Ohio. Population served,
35,000. Franchises expire in 1948 and 2001.
Underlies—$200,000 Gen. 5s.
Net Earnings, 6/30/14. $43,653
Interest ........... 39,082
This issue 29,082
Market.
New York—J. K. Rice, Jr., & Co.
PENNSYLVANIA BUILDING CO. Ist 5s.
Due $50,000 Nov. 15, 1915, and $1,400,000
Noy. 15, 1919.
Dated Nov. 16, 1914. Interest payable May
15 and Nov. 15.
Authorized—$1,450,000.
Outstanding—$1,450,000. ‘
Denomination—Coupon, $1,000. Registerable
as to principal only. Registered, $1,000. C. &
R. interchangeable. f
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Secured by a first mortgage on 17 story office
building at Chestnut and 15th Sts., in the cen-
ter of the uptown business district of Philadel-
phia, one block from Broad St. Station and the
Stock Exchange. Lot 182 feet on 15th St. and
83 feet on Chestnut St. Building cost $1,100,000.
Net Earnings, 10/31/14...... wee. $124,824
Interest on this issue............ 85,550
Legal for Pa.
Original Market—Offered in Nov., 1914, by
William A. Reade & Co., Philadelphia and New
York, and Henry & West, Philadelphia, at par
and interest.
PENNSYLVANIA CENTRAL BREWING CO.
1st 6s. Due Oct. 1, 1927.—F.
Dated Oct. 1, 1897. Interest payable Apr.
and Oct. 1, at Fidelity Trust Co., Philadelphia.
Authorized—$2,800,000.
Outstanding—$2,150,000.
Retired by Sinking Fund—$650,000.
Denomination—Coupon, $1,000. Registerable
as to principal. _
Trustee—Fidelity Trust Co., Philadelphia.
Sinking Fund—$50,000 per annum.
Organization—Incorporated in Pennsylvania
in 1897 as a consolidation of a number of brew-
eries,
Secured by a first mortgage on property
formerly belonging to eleven brewing companies
in Scranton, Carbondale, Wilkes-Barre, Pittston
aa Hobenaele: Pa. Annual capacity, 400,000
arrels.
Market.
Philadelphia—Chas. D. Barney & Co., Geo.
P. Bissel, S. K. Phillips, Reed & Huntoon.
Scranton—Brooks & Co., E. A. Burke & Co.
New York—Tobey & Kirk, Bigelow & Co.,
Leonard Snider & Co., R. F. Westerfield; C. D.
Barney & Co.
PENNSYLVANIA COAL & COKE CO. Ist 5s,
Series ‘‘A.”” Due July 1, 1932.—F.
Tax exempt in Pennsylvania.
Dated July 1,1902. Interest
July 1, at Commercial Trust
Authorized—$1,200,000.
Outstanding—$1,111,000.
Retired by Sinking Fund—$89,000.
Trustee—Commercial Trust Co., Philadelphia.
Redeemable for the sinking fund at 105 and
interest.
Sinking Fund—38 cents per ton on all coal
shipped or converted into coke. When fund
amounts to $26,500 it shall be applied to the
purchase of bonds in the market at not exceeding
105 and interest. If not purchasable, bonds
may be drawn.
Assumed by Clearfield Bituminous Coal Corp.
Control—The property of this company was
acquired under foreclosure sale in 1911 by the
Clearfield Bituminous Coal Corp. which company
is controlled through ownership of entire $825,000
capital stock by the New York Central & Hudson
River R. R. Co. In 1911 the Pennsylvania Coal
& Coke Corp. was organized to lease and operate
the developed properties (59,000 acres), including
properties covered by this mortgage, at an
annual minimum rental (modified April, 1913) of
$225,000.
Secured by a first mortgage on 19,000 acres
of coal rights, 3,000 acres of leaseholds and
2,500 acres of surface, together with extensive
coke ovens.
On May 19, 1915, the bondholders will meet
to authorized the release of 1,730 acres of lease-
hold in Cambria County, Pa., from the lien on
this mortgage.
Net Earnings after interest,
V2/B1 14 ioc cscs seins oa ones $138,357
Original Market—First offered by Battles,
Heye & Harrison (now Battles & Co.) New York
and Philadelphia, at 101 and interest in January,
1903. Market. ;
Philadelphia—S. K. Phillips, Robt. Glendin-
ning & Co., O. B. Lansinger & Co., J. Paul Lloyd,
Reed A. Morgan & Co., Battles & Co., Henry
West, Oscar R. Dare, M. M. Freeman & Co.,
Elkins, Morris & Co., -
Pittsburgh—H. P. Taylor & Co.
New York—Bigelow & Co., Hartshorne &
Battelle, H. P. Taylor & Co.
Scranton—E. A. Burke & Co., Brooks & Co.
Buffalo—H. P. Taylor & Co.
PENNSYLVANIA COMPANY. |
Incorporated in Pennsylvania in 1870 to
operate the lines of the Pennsylvania R. R.
System west of Pittsburgh. The company is a
holding and operating company, and does not
ayable Jan. and
0., Philadelphia.
637
directly own any road, but operates 1,680 miles
of road, including from Pittsburgh to Chicago,
“Fort Wayne Route,” Pittsburgh to Cleveland
and Ashtabula, Ohio, and Erie, Pa., Toledo to
Coshocton, Ohio; Sandusky to Columbus, Ohio,
and from Yudson, near Cleveland, via Columbus,
to Morrow, near Cincinnati, Ohio, and numerous
branches. In addition to the mileage operated
the company controls through stock ownership
companies owning 3,354 miles’ of road from
Pittsburgh and Cleveland to Cincinnati, Chicago,
St. Louis, Peoria, Grand Rapids and numerous
points in the territory between Pittsburgh and
the Mississippi River and north of the Ohio
River. The company has outstanding $80,000,-
000 stock all owned by the Pennsylvania Rail-
toad Co. Dividends have been paid on this stock
continuously since 1901. In 1911 and 1912 7%
was paid, and the present rate is 6% per annum.
The company has outstanding $123,000,000
bonds, secured by the deposit of stocks of
various subsidiary companies. d
Report for the Years ae DES ae
9
Gross Earnings. . $54,698,327
$66,233,596
Net Earnings... 7864,668 12,211,659
Net Income..... 20,892,829 25,262,625
Rentals, etc..... 10,066,797 9,724,530
Interest, etc..... 6,097,960 5,744,993
Sinking Fund,ete 1,911,619 1,896,803
Dividends...... 3,200,000 1,896,803
Betterments.... Seas 2,200,000
Balance....(def) $383,547 (surp) $96,299
PENNSYLVANIA COMPANY Gold Loan Coll.
3%s. Due Nov. 1, 1916.—F.
See Map 96.
Tax exempt in Pennsylvania.
Dated Nov. 1, 1901. Interest payable May
and Nov. 1, at Trustee’s office and Union Trust
Co., New York.
Authorized—$20,000,000.
Outstanding—$2,658,000.
Retired by Sinking Fund—$17,342,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable for sinking fund at par on Nov. 1
of each year on one month’s notice.
Sinking Fund—$1,334,000 annually for the
purchase of these bonds on Nov. 1, at not exceed-
ing par. Bonds so purchased to be cancelled.
Sinking fund is sufficient to retire all bonds by
maturity.
Guaranteed as to principal, interest and sink-
ing fund by the Pennsylvania R. R. Co. by
endorsement.
Secured by a first lien on $11,200,000 of tne
$27,476,800 ae stock of the Pittsburgh,
Cincinnati, Chicago & St. Louis Ry. Co. This
company owns (4) 1,137 miles of road, from
Pittsburgh via Indianapolis to Chicago, with
the numerous branches, subject to mortgages at
rate of $65,800 per mile. Also operates 430 miles
additional. Dividends on this stock of 4% were
paid annually from 1902 to 1905, 414% in 1906,
5% from 1907 to 1909, 614% in 1910, 5% from
ee to 1918, 234% in 1914 and 214% in Jan.,
191
915.
Legal for N. H. and R. I.
_ Listed on the New York and London Stock
Exchanges.
Original Market—Offered in Nov., 1901, by
Speyer & Co., and Kuhn, Loeb & Co., New York,
at 98 and interest.
Market.
Philadelphia—Geo. S. Fox & Sons, Chas.
Fearon & Co., Graham & Co., Chas. C. Harrison,
Jr., & Co., E. B. Smith & Co., Edward Lowber
Stokes, Henry & West, E. W. Clark & Co., Elkins,
Morris & Co., S. K. Phillips, Barclay, Moore &
Co., W. H. Newbold’s Son & Co., Reed A. Mor-
gan & Co., Mellor & Petry, Newburger, Hender-
638
son & Loeb, Montgomery, Clothier & Tyler,
Reilly, Brock & ‘Co.
New York—A. E. Fitkin & Co., J. S. Bache
& Co., Newborg & Co., F. H. Hatch & Co., Gil-
man & Clucas, John H. Davis & Co.
PENNSYLVANIA COMPANY Ist 44s. Due
July 1, 1921.—F. $
See Map 96. #
Tax exempt in Pennsylvania.
Dated April 1, 1881. Interest payable Jan.
and July 1, at National City Bank, New York.
Authorized—$20,000,000.
Outstanding—$19,467,000.
Held in Sinking Fund—$533,000.
Denomination—Coupon, $1,000.
as to principal. 2
Trustees—W. H. Barnes, John P. Green and
N. P. Shortridge. »
Sinking Fund—Annually, 1% of the bonds
outstanding to. be applied to the purchase of
bonds.at not exceeding par. Bonds so purchased
to be held alive in Sinking Fund and interest
thereon added to saidfund. If in any year bonds
are not purchasable-at or under. par, then the
fund for that year shall revert to the company.
Guaranteed as to principal, interest and sink-
fng fund by the Pennsylvania R. R. Co. by en-
dorsement. :
Secured by a first lien on the 999 year leases
of the Pittsburgh, Ft. Wayne & Chicago Ry.,
which owns (1) 470 miles of road from Pittsburgh
to Chicago, the Cleveland & Pittsburgh R. R.,
which owns (2) 236 miles of road from a junc-
tion with the former line at Rochester, Pa., to
Cleveland and Bellaire, Ohio, and the Erie &
Pittsburgh R. R., which owns (3) 83 miles of
road from New Castle, Pa., to Girard, near Erie,
Pa. These roads comprise the only line of the
Pennsylvania System into Cleveland, and the
most important line into Chicago, and a first
lien on stocks and bonds of subsidiary com-
panies of a par- value of $27,150,000. Further
secured by a first mortgage on valuable real estate
in Pittsburgh and Chicago, and 128 acres of land
in Lawrence County, Penna. y
Legal for Balt., Cal., Fla., Me., Mich., Minn.,
N. H., and R. I.
Listed on the Philadelphia, New York and
London Stock Exchanges.
Market.
New York—J. S. Farlee & Co., Foster & Adams,
Coffin & Co., F. H. Hatch & Co., Hartshorne &
Picabia, Wood, Struthers & Co., Effingham
Lawrence & Co., Wm. C. Wilson, McGeorge
& Vanderhoef, Crawford, Patton & Cannon,
Simon Borg & Co., E. & C. Randolph, Gilbert
Eliott & Co., Bigelow & Co., Newborg & Co.,
Rauscher & Childress, Brown Bros. & Co.,
L. M. Prince & Co., F. J. Lisman & Co., Struthers
& Hiscoe, Hartshorne & Battelle, H. P. Taylor
& Co., Redmond & Co. 5
Philadelphia—Cassatt & Co., S. K. Phillips,
E. W. Clark & Co., Chas. C. Harrison, Jr., & Co.,
Reed A. Morgan & Co., E. B. Smith & Co.,
Elkins, Morris & Co., Robt. Glendinning & Co.,
C. D. Barney & Co., W. H. Newbold’s Son &
Co., Mellor & Petry, Geo. S. Fox & Sons, Chas.
Fearon & Co., Ervin & Co., Reilly, Brock & Co.,
Graham & Co., Townsend, Whelen & Co.
Pittsburgh—H. P. Taylor & Co.
Omaha—City Trust Co.
Buffalo—H. P. Taylor & Co.
PENNSYLVANIA COMPANY French Franc
Loan 334% Certificates. Due June 15,
1921.—F.
Tax exempt in Pennsylvania and free of all
French taxes in force at date of issue.
Dated June 15, 1906. Interest payable June
and Dec. 15, at Credit Lyonnaise, Paris.
Authorized and Outstanding—250,000,000 frs.
($48,262,548). i 7
Denomination—Coupon, 500 and 2,500 frances.
Registerable
Trustee—Girard Trust Co., Philadelphia.
Redeemable at par and interest on and after
June 15,1918.
Guaranteed principal and interest by Penn-
sylvania R. R. Co. by endorsement.
Security—A direct obligation of the Penn
sylvania Company, but not secured by a mort-
age.
: Legal for N. H. and R. I.
Listed on the Philadelphia and Paris Sotck
Exchanges.
Original Market—Underwritten in 1906 and
placed by Kuhn, Loeb & Co., with Paris bankers.
PENNSYLVANIA COMPANY 15-25 Year 4%
Coll. Loan. Due April 1, 1931.—F.
See Map 96.
Tax exempt in Pennsylvania.
Dated April 2, 1906. Interest payable April
and Oct. 1, at Girard Trust Co., Philadelphia,
and in New York.
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at par and interest on April1,
1921, or on any interest date thereafter upon
90 days’ notice.
Guaranteed principal and interest by Penn-
sylvania R. R. Co. by endorsement.
Secured by a first lien on $12,500,000 of the
$37,173,000 common stock and $10,900,000 of
the $27,476,800 preferred stock of the Pittsburgh-
Cincinnati, Chicago & St. Louis Ry. Co., which
owns (4) 1,140 miles of road and operates 280
miles additional, from Pittsburgh via Columbus,
O., and Logansport, Ind., to Chicago, Ill., Colum-
bus to Cincinnati., O., Cincinnati to Logansport,
Ind., Xenia, O., to Indianapolis, Ind., and Louis-
ville, Ky., and numerous branches; subject to
bonded debt at the rate of about $40,000 per mile;
$4,000,000 of the $14,000,000 stock of the Van-
dalie R. R. Co., owning (5) 674 miles of road and
operating 185 miles additional, from Indianapolis
to St. Louis, Indianapolis to Vincennes, Ind.,
and Terre Haute to Butler and South Bend, Ind.,
subject to bonded debt at the rate of $26,200 per
mile; and $1,000,000 of the $9,100,000 guaran-
teed preferred stock of the Pittsburgh, Youngs-
town & Ashtabula R. R. Co., owning (6) 138
miles of rogd from Kenwood, Pa., near Pitts-
burgh, to Ashtabula and Alliance, O., subject to
bonded debt at the rate of $27,000 per mile. The
P., C., C. & St. L. Ry. Co.’s preferred stock is
receiving dividends at the rate of 5% per annum
and no dividend is being paid on the common,
and 7% is being paid annually on_the preferred
stock of the P., Y. & A. R. R. Co. No divi-
dends have been paid on the stock of the Van-
dalia R. R. Co. since 1912. The road owned
by these companies includes the Pennsylvania
Systems only lines between Pittsburgh, Col-
umbus, O., Cincinnati, O., Indianapolis, Louis-
ville and St. Louis, and between Cincinnati and
Chicago, and one of its two lines between Pitts-
burgh and Chicago. The Pennsylvania Co. has
the right to withdraw all or any portion of the
securities deposited and substitute other securi-
ties of not less actual value than the present
appraised value of the securities so withdrawn.
If at any time the market value of the securities
pledged hereunder shall fall below 120% of the
total par value of the bonds outstanding, the
Pennsylvania Company agrees to deposit such
edaifions! securities as shall bring the value up
0 lo
Legal for N. H. and R. I.
Listed on the New York Stock Exchange.
Original Market—$20,000,000 offered in Feb.,
1906, by Kuhn, Loeb & Co., New York, at
10034 and interest.
arket.
New York—Struthers & Hiscoe, F. H. Hatch
& Co., Jos. Walker & Sons, J. S. Bache & Co.,
‘tem between those cities.
Crawford, Patton & Cannon, Wm. C. Wilson &
Co., Coffin & Co., Gude, Winmill & Co., Pening-
ton, Colket & Co., McGeorge & Vanderhoef,
Newburger, Henderson & Loeh, Newborg & Co.,
Moore, Leonard & Lewis, Bigelow & Co., Clark,
Dodge & Co., Gilbert Eliott & Co., Redmond &
Co., J. H. Davis & Co., C. H. Hensel, H. P.
Taylor & Co.
Philadelphia—Cassatt & Co., Chas. D. Bar-
ney & Co., Borden & Knoblauch, S. K. Phillips,
E. B. Smith & Co., Reed A. Morgan & Co., E. W.
Clark & Co., Henry & West, Newburger, Hen-
derson & Loeb, Welsh Bros., Elkins, Morris &
Co., Mellor & Petry, Geo. S. Fox & Sons, Bioren
& Co., Robt. D. Ghriskey & Co., W. H. New-
bold’s Son & Co., Chas. Fearon & Co., Brown
Bros. & Co., Reilly, Brock & Co., Graham & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
PENNSYLVANIA COMPANY 334 % Trust Cer-
tificates. Series ‘‘A.” Due Sept. 1, 1937.
—F.
See Map 96.
Tax exempt in Pennsylvania.
Dated Sept. 1, 1897. Interest payable March
and Sept. 1.
Authorized—$5,000,000.
Outstanding— $4,326,000.
Retired by Sinking Fund—$674,000.
Denomination—Registered, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Sinking Fund—$50,000 per annum to purchase
these certificates at not exceeding par and in-
terest. If certificates are not purchasable at
that price the fund shall revert to the company.
Guaranteed as to principal and interest by the
Pennsylvania R. R. Co. by endorsement.
Secured by a first lien on $4,500,000 of the
$50,026,300 special guaranteed stock of the
Pittsburgh, Ft. Wayne & Chicago Ry. Co. This
company owns (1) 470 miles of double-tracked
railroad between Pittsburgh and Chicago, form-
ing the principal route of the Pennsylvania Sys-
The road is free from
any funded debt, but there is outstanding $19,-
714,286 regular guaranteed stock, in addition
to the special guaranteed stock above. The
special stock is in all respects subject to the reg-
ular stock, but the Pennsylvania company
covenants that so long as any of these certificates
are outstanding it will not exercise its control
to increase the bonded debt of the P., Ft. W.&
. Ry. Co. beyond the amount outstanding (at
that time $12,410,000), including bonds in sink-
ing funds, nor to reduce the dividend on the
special guaranteed stock below 7% per annum.
By the agreement of 1897 between the Girard
Trust Co., Pennsylvania R. R. Co. and Penn-
sylvania Co., under which these certificates were
issued, the total amount of certificates to be
issued was limited to $20,000,000, which have
mee been issued in either this series or ““B”’ and
Legal for N. H. and R. I. - :
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
Philade]Jphia—Graham & Co., E. B. Smith &
Co., Henry & West, Chas. Fearon & Co., E. W.
Clark & Co., Reed A. Morgan & Co., Geo. S.
Fox & Sons, Barclay, Moore & Co.,S. K. Phillips,
W. H. Newbold Son & Co., Reilly, Brock & Co.,
Sullivan Bros. & Co.
New York—J. H. Becker & Co., F. H. Hatch
& Co., Gilbert Eliott & Co., Hartshorne &
Battelle, Wood, Struthers & Co., Redmond & Co.
PENNSYLVANIA COMPANY 314% Trust Cer-
tificates. Series ‘‘B.”’ Due Feb. 1, 1941.
—F.
See Map 96. )
Tax exempt in Pennsylvania.
Dated Feb. 1, 1901. Interest payable Feb.
639
and Aug. 1, at Union Trust Co., New York, and
at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$8,592,000.
Retired by Sinking Fund—$1,408,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Sinking Fand—$100,000 per annum for the
purchase of these certificates at not exceeding
par. If bonds are not purchasable, the fund shall
revert to the company.
Guaranteed as to principal and interest by the
Pennsylvania R. R. Co. by endorsement.
Secured by a first lien on $9,000,000 of the
Special Guaranteed stock of the Pittsburgh, Ft.
Wayne & Chicago Ry. Co. For details see
Series ‘‘A” above.
Legal for N. H. and R. I.
Listed on the New York Stock Exchange.
Original Market—Offered in 1901 by Kuhn,
Loeb & Co., New York.
Market.
New York—Korn, Lehman & Co., J. S. Bache
& Co., F. H. Hatch & Co., Jos Walker & Sons,
Crawford, Patton & Cannon, Bull & Eldredge,
Coffin & Co., Hartshorne & Battelle, Wood,
Struthers & Co., Redmond & Co.
Philadelphia—Chas. D. Barney & Co., S. K.
Phillips, E. B. Smith & Co., Chas. Fearon & Co.,
E. W. Clark & Co., Cassatt & Co., Geo. S. Fox
& Sons, Henry & West, Reilly, Brock & Co.,
Reed A. Morgan & Co., W. H. Newbold Son &
Co., Sullivan Bros. & Co.
PENNSYLVANIA COMPANY 344% Trust Cer-
tificates. Series ‘‘C.” Due Dee. 1, 1942.
—F.
See Map 96.
‘Tax exempt in Pennsylvania.
Dated Dee. 1, 1902. Interest payable June
and Dee. 1, at Union Trust Co. and at Trustee’s
office.
Authorized—$5,000,000.
Outstanding—$4,449,000.
Retired by Sinking Fund—$551,000.
Denomination—Coupon, $1,000. Registerable
as to principal. | ,
Trustee—Girard Trust Co., Philadelphia.
Sinking Fund—$50,000 annually for the pur-
chase of these certificates at not exceeding par
and interest. If bonds are not purchasable, the
fund shall revert to the company.
Guaranteed as to principal and interest by the
Pennsylvania R. R. Co. by endorsement.
Secured by a first lien on $5,000,000.
Guaranteed stock of the Pittsburgh, Ft.
& Chicago Ry. Co.
above.
Legal for N. H. and R. I.
Listed on the New York and London Stock
Exchanges.
Original Market—Offered by Kuhn, Loeb &
Co., New York.
Market.
New York—F. H. Hatch & Co., Freeman &
Co., L. M. Prince & Co., Simon Borg & Co.,
Hartshorne & Battelle, J. H. Becker & Co.,
Brown Bros. & Co., Wood, Struthers & Co.,
Redmond & Co.
Philadelphia—E. B. Smith & Co., Henry &
West, Chas. Fearon & Co., E. W. Clark & Co.,
Geo. S. Fox & Sons, Mellor & Petry, S. K. Phil-
lips, Sullivan Bros. & Co., Reilly, Brock & Co.,
age A. Morgan & Co., W. H. Newbold Son &
0.
PENNSYLVANIA COMPANY 344% Trust
Certificates. Series ‘‘D.” Due Dec. 1,
1944.—F.
See Map 96.
Tax exempt in Pennsylvania.
. Dated Dec. 1, 1904. Interest payable June
and Dec. 1, at New York and Philadelphia.
Special
Wayne
For details see Series ‘‘A’’
Authorized—$10,000,000.
Outstanding—$9,318,000.
Retired by Sinking Fund—$682,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Sinking Fund—$100,000 annually for the re-
demption of these certificates at not exceeding
par and interest. If bonds are not purchasable,
the funds shall revert to the Company.
Guaranteed prseipels interest and sinking fund
by the Pennsylvania R. R. Co. by endorsement.
Secured by a first lien on $10,000,000 Special
Guaranteed Stock of the Pittsburgh, Ft. Wayne
& Chicago Ry. Co. For details, see Series ‘‘A”
above.
Legal for N. H. and R. I.
Listed on the New York and London Stock
Exchanges. i
Original Market—Offered in 1904 by Kuhn,
Loeb & Co.
Market.
Philadelphia—S. K. Phillips, E. B. Smith &
Co., Crawford, Patton & Cannon, Geo. N.
Fleming, Cassatt & Co., Henry & West, E. W.
Clark & Co., Chas. Fearon & Co., C. C. Harrison,
Jr., & Co., Reed A. Morgan & Co., Geo. S. Fox
& Sons, Mellor & Petry, Reilly, Brock & Co.,
W. H. Newbold Son & Co., Sullivan Bros. & Co.
New York—Woodbury & Company, F. H.
Hatch & Co., Crawford, Patton & Cannon,
Coffin & Co., Wm. C. Wilson, Newborg & Co.,
E. &. C. Randolph, Bigelow & Co., Simon Borg
& Co., Hartshorne & Battelle, Wood, Struthers
& Co., Redmond & Co.
Chicago—Follansbee & Co.
PENNSYLVANIA COMPANY 4% Trust Cer-
tificates. Series ‘‘E.””, Due May 1, 1952.—F.
Tax exempt in Pennsylvania.
Dated May 1, 1912. Interest payable May
and Nov. 1, at Philadelphia.
Outstanding—$10,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Sinking Fund—Annually, after 1917, 1% of
certificates outstanding for the purchase of same
at not more than par and interest.
Guaranteed as to principal, interest and sinking
ie BY the Pennsylvania R. R. Co, by endorse-
ment.
Secured by a first lien on $10,000,000 Special
Guaranteed Stock of the Pittsburgh, Ft. Wayne
& Chicago Ry. Co. For details, see Series “A”
above.
Legal for N. H. and R. I.
Original Market—$10,000,000 offered __in
March, 1912, by Harris, Forbes & Co., New York,
Union Trust Co., Pittsburgh, and E. W. Clark
& Co., Philadelphia, at a 4 and interest.
arket.
New York—Harris, Forbes & Co., Coffin &
Co., L. M. Prince & Co., Babcock, Rushton &
Co., Wm. C. Wilson, F. H. Hatch & Co., H. P.
Taylor & Co., Redmond & Co.
Pittsburgh—H. P. Taylor & Co., The Colonial
Trust Co., Union Trust Co., Safe Deposit &
oo Co., Moore, Leonard & Lewis. Gordon &
oO.
Boston—N. W. Harris & Co., Walter S. Place,
W. L. Raymond & Co.
' Chicago—Harris Trust & Savings Bank.
ee ae & Turner, Welsh Bros.,
E. B. Smith & Co., E. W. Clark & Co., W. H.
Newbold’s Son & Co., Borden & Knoblauch,
Ervin & Co., Henry & West, Chas. Fearon &
Co., Elkins, Morris & Co., Reilly, Brock & Co.,
Reed A. Morgan & Co., Graham & Co.
Buffalo—H. P. Taylor & Co.
PENNSYLVANIA LIGHTING CO. Ist S. F. 53
Due July 1, 1940.—F.
Tax exempt in Pennsylvania.
Registerable
640
Dated July 1, 1910. Interest ay Jan.
and July. ‘1, at ‘Trustee 8 office, anes pha. A
Authorized—$2,500,000. _ on
Outetending -¢776°00 00; ¢ .
Held in Treasury—$51,000. - ee
Denomination. Voubony $1, 000. ‘Registerable
ag to principa
foatse “Commercial Trust Co., Philadélphia.
Redeemable at 105 and interest July 1, 1915,
or ow any interest date thereafter on 60" days’
notice.
Sinking Fund—1% annually’ of outstanding
bonds, commencing 1916, for the purchase or
redemption of these bonds at not over 105
and interest.
“Organization—Incorporated ‘ in. Pehnsylvania,
in 1910, as a consolidation of the Shamokin &
‘Coal Township Light, Heat & Power Co., Coal
Township, Gas Co. and Coal Township’ Light,
Heat & Power Co.
Secured by a first mortgage on plants supply-
ing gas, electric light ane power to Shamokin,
Pa., and vicinity. Bonulation served, about
35,000. Electric franchises’ ‘are “unlimited ‘as
to ‘time; gas runs for 99 pate. from 1907.
Net Earnings, 12/31/14 $26,758
Interest,’ taxes, ete........,...005 18,557
Listed on the Philadelphia Stock Exchange.
Original Market—$700,000 offered in 1910,
by Chandler Bros. & Co., New York and Phila-
delphia, at 96 and interest. Offered in 1913 by
‘Barclay, Moore & Co., at 98 and interest.
Market.
*Philadelphia—Ussing, Scoville & eee s. ‘K.
Phillips, Barclay, Moore fe ‘o., O. B. Lansinger
& Co., Chandler & Co., M. Freeman & Co.,
Henry. & West, Oscar R. ee 2
Pittsburgh— Ussing, Scoville & Co.
New York—Bigelow & Go., Lawrence Barnum
'& Co., Kirkpatrick & Lewis.
PENNSYLVANIA-MARYLAND STEEL CO.
Cons. Joint 6s. Due Sept. 1, 1925.—F.
Tax exempt in Pennsylvania.
Dated Sept. 1, 1895. Interest payable March
and Sept. 1, at ‘Girard. Trust Co., pone
Authorized —$7,0
Outstdriding—$4, ‘000, 000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Girard Trust Co., Philadelphia, Pa.
Control—The entire capital stock ‘of both
companies is owned by the Pennsylvania Stéel
‘Co. of ‘New Jersey. The latter company is
‘controlled through sto¢k ownership by the
Pennsylvania R. R. Co. and affiliated roads.
Secured ‘by'a second mortgage on the plants of
‘the Pennsylvania Steel Co., at Steelton, Pa, By
‘consisting of 5 blast furnaces, billet mill, ‘rail
mill, ete., with an annual capacity of 500, 000
tons,.and that of the Maryland Steel, Co., at
Sparrows’ Point,, Md., comprising 4
naces with an ainual capacity of
‘of Bessemer pig jron, rolling mill and steel works
‘with an annual ‘capacity of 400,000 tons of steel
rail and a large ship’ yard equipped for building
all’classes of vessels of the largest types, and by
a first lien‘ on the entire eo 000,000) capital stock
of the “Maryland Steel Co.
Prior” Liens—-$1,000,000 Pe nsylvania ’Stedl
Ist 5s and $2,000; ‘000 Maryland. ‘Steel, Co, Ast 5s,
for’ the‘rétirement of' which provision is made in
‘this mortgage. ° ie : ’
NG Earn ngs ire Ss vel), i
12/31/13. $2, ssaise2,
Interest / r ":
Listed’ on’ ihe Unlisted Department eo tae
Paladelpiis Stock Exchange.
far ket
.Philadelphia—c. Barney. & ‘Co., ‘Heiry &
est, 8. ‘K. Phillips, Chas. C. Harrison, Jr.,
& Co., E. B. Smith. 0., Montgomery, Clothier
& Tyler, Geo. N. Fleming, R. Glendinning & Co.,
last. fur-,
500;000 tons”
Bay Moore, & Co,,,Harper & Tyrner,.Ervin
New York—Coffin & Co., ‘H, Duncan Bulkley.
PENNSYLVANIA * RAILROAD co ANY.
Incorporated in’ Pennsylvania i in 1846, Of the
lines operated by the. -company,. between New
York and Pittsburgh, 2,130, miles are, owned,
1,685 miles operated under easy and 210 miles
represent trackage rights. this mileage
1,334, miles have dauble icant, 460 miles a
third track and 418 miles a fourth track. These
include lines from the Pennsylvania, Terminal
in New York, through Philadelphia and Harris-
burg to Pittsburgh, from Philadelphia ‘ oP ‘otts-
ville, Pa.; Sunbury to Wilkes-Barre, Pa-;/‘Sun-
pu to Erie, Pa.;, Williamsport, Pa. 9 Buffalo,
, Pittsburgh, Pa. to Buffalo, N° _Y,, -and
eee branches in New Jersey, Pennsy! vania
and New York.
The total mileage of the, system east of Pitts-
burgh is 6,340 miles, and west of Pittsburgh,
5,300 miles. The road east: of Pittsburgh
includes the Long Island Railroad, comprising
the entire steam railroad system on Long Island,
the Northern Senn Ry. Co., from Baltimore
to Sodus Bay on Lake Ontario, the Philadelphia,
Baltimore “& Washington R. R. including lines.
from Philadelphia to Washington, and practically
the entire railroad system on the aryland-
Delaware-Virginia Peninsula, south of Wilming-
ton, Del. The lines west of Pittsburgh are con-
trolled by the Pennsylvania Company, a peg
company, ali of whose stock is owned ‘by th e
Pennsylvania R. R. Co.
In addition to the securities of companies
operated as a part of the Pennsylvania System,
the Pennsylvania R. R. Co. owns a large amount
of stock of the Norfolk & Western Railway. Co.,
and of the Southern Pacific R. R. Co., the latter
having been acquired from the. Union ‘Pacific:
R. R. Co. in exchange for; ‘Baltimore &. ‘Ohio
R. R. Co. stock formerly ownied by the Pennsyl-
vania R. R. Co.
The Pennsylvania R. R. Co. has outstanding
$499,233,000 stock. Dividends have been paid
on the stock continuously since 1856, during
which time the annual disbursement ‘has not
fallen below 214%, and has been less than 4% in.
only three years. Since 1908 the rate has been
6% gper annum.
e company has outstanding, secured on ‘the
2,650 miles of road owned. east of Pte aeret about.
$200, 000,000 bonds, at the rate of $75,000 per
mile. . This does not include any allowance for
terminals, the cost of which has probably been
equal to nearly the entire funded debt of the
company. For a long period of years, the
annual net income has been largely in excess. of
three times the interest charges on the entire
funded debt.
Report, Years ended December 31:
1913.
Gross Earnings . $181, 184,822 . $191, 501,490
Net Earnings... 42,568,15 45 50 93143
Net Income.... 51,116, "988 57,712 3808 ,
Rentals........ 6,999,782 5, 499, 045
Interest...,.... 9,633,217 9, 1932, 385
Miscellaneous... 2,077,458 6,559,035
Extraordinary,
Expenditures 2,230,336. 6,787,582
Dividends...... 29,952,186 28,394,248.
Surplus. ..... : $123,001 | $540,603
PENNSYLVANIA RAILROAD CO. Conv. 3 Ys.
. Due Oct. .1,:1915.—F.. . is ee a
Tax exempt, in Pennsylvania., ‘
Dated Oct, 2,,1905. Interest payable’ June
and, i1,_ at, Ameri¢an ‘Exchange National
eRe oak » or. at Philadelphia.. “
‘uthorized-—-$100,000 O00
Outstanding—$86, 82170
Converted into rae 178, 000.
641
‘Denomination—Coupon, $500, and_ $1,000.
Registerable as to principal only, or fully regis-
‘terable. Registered, $1,000 and multiples.
Trustee—Girard Trust Co., Philadelphia.
-Redeemable at par and interest on any interest
date upon 90 days’ notice, but when so called
‘for redemption may be converted up to 30 days’
prior to redemption date.
Convertible into stock at $75 per share (par
‘_ Security—A direct obligation of the company
‘but not secured by a mortgage.
Legal for N. H. and R. I.
Listed on the New York, Philadelphia and
London Stock Exchanges.
Original Market—Underwritten by J. P.
‘Morgan & Co. and Kuhn, Loeb & Co., New York,
and offered to stockholders at par in 1905, who
~subscribed to something less than 10% of the
same.
Market.
New _ York—Rhoades & Co., Seasongood &
‘Haas, L. M. Prince & Co., Curtis & Sanger,
Spencer Trask & Co., J. S. Bache & Co., Harris,
Forbes & Co., Potter, Choate & Prentice, Free-
man & Co., N. W. Halsey & Co., Beyer & Co.,
-Coal & Iron National Bank, Ladd & Wood,
‘Catlaway, Fish & Co., Coffin & Co., Morgan &
‘Bartlett, Salomon Bros. & Hutzler, C. H. Hensel,
-H. P. Taylor & Co., Hornblower & Weeks, Asiel
+&,Co., Ambrose R.tClark, .
-_ Boston—Paine, Webber & Co., N. W. Harris
& Co., Geo. A. Fernald & Co. .
Philadelphia—C. C. Harvison, Jr., & , Co.,
E. W. Clark & Co., Graham & Co., S. K. Phillips,
E. B. Smith & Co., C. D. Barney & Co., Harper
-& Turner, Newburger, Henderson & Loeb,
‘Cassatt & Co., Reed A. Morgan & Co., Henry &
West, Barclay, Moore & Co., Frazier & Co.
Chicago—N. W. Halsey & Co., Harris Trust
-& Savings Bank. | :
Cincinnati—Fifth-Third National Bank.
-St. Louis—Mercantile Trust 'Co.
-Baltimore—Alex. Brown & Sons.
'Pittsburgh—Gordon & Co., H. P. Taylor & Co.
-Omaha—City Trust Co.
‘Buffalo—H. P. Taylor & Co.
PENNSYLVANIA RAILROAD CO. Cons. Mtge.
Dated 1873.—F.
See Map 97. E
Tax exempt in Pennsylvania.
Authorized—Not more than $100,000,000 to
ce outstanding at any one time.
' .Outstanding in Five Series—$100,000,000.
_ Int. Out-
iDated ‘ Rate standing Due
July 1, 1873 5% $4,998,000 Sept. 1, 1919
July 1, 1873 4% 2,573,000 May 1, 1948
‘*July 1,1873 314% 4,340,750 July 1, 1945
May 1, 1908 Ae 20,000,000 May 1, 1948
*May 1, 1908 4% 19,400,000 May 1, 1948
Feb. 1, 1915 444% 49,000,000 Aug. 1, 1960
*Sterling Bonds.
Retired—$2,000 due 1919, $427,000 due 1943
-and $509,250 due 1945.
Interest Payable
-Maturity . :
41919 at Company’s office, Philadelphia.
.1943 at Farmers’ Loan & Trust Co., N. Y.
.1945 $ at Amer. Exchange Nat. Bank, N. Y.
1948 $ at American Exchange National
Bank, New York, or Company’s
office, Philadelphia. :
"1948 £at London Joint Stock Bank,
.ondon, Eng.
Denomination—Coupon, $1,000 and £200.
*Coupon bonds due 1919 are not registerable.
‘Bonds due 1948 registerable as to principal only
-or fully registerable. Other coupon bonds reg-
isterable as to principal only. _ Registered $1,000
and £2,000 except issues due 1943 and 19465.
Coupon bonds due 1948 exchangeable for fully
.registered bonds.
Trustee—Girard Trust Co., Philadelphia.
Sinking Fund—Beginning in the fifth year after
the issue of any bonds, 1% of bonds issued to be
applied annually to the purchase of bonds at
not exceeding par. If bonds are not purchas-
able, the fund shall accumulate.
Secured by a first mortgage on (1) 1,093 miles
of road from Trenton, N. J., via Frazer, Pa., to
York, Pa.; Philadelphia to Shenandoah, Pa.;
Harrisburgh to Pittsburgh, Altoona to Lock
Haven, Pa., Catawissa to Wilkes-Barre, Pa., and
numerous branches, a second mortgage on (2)
980 miles of road from Sunbury via Williamsport,
to Erie, Pa., Pittsburgh to Oil City, Red Bank
Jct. to Driftwood and branches, subject to prior
liens at the rate of $53,000 per mile, and a third
mortgage on (3) 43 miles of road from Sunbury to
Tomhicken, Pa., subject to prior liens at the rate
of $45,000 per mile. Further secured by a first
lien on 999 year leases on (4) 199 miles of read
from Jersey City to Trenton and South Amboy
to Camden, N. J., and Columbia and Dillerville
to Harrisburg, Pa. The lines covered by this
mortgage include a continuous road from New
York co Pittsburgh, Pa., all cf which is double
tracked. These bonds are outstanding on’ the
2,116 miles on which they are secured by a direct
mortgage, at the rate of $47,200 per mile,’ not
including lines. on which they are secured by
leasehold interest.
These bonds are further secured by a first lien
on securities of other companies, having an
estimated ,value, at the date of the execution
‘of the mortgage, in excess of $50,000,000.
Prior Liens—$57,000,000 bonds of absorbed
‘companies. ee ;
Underlies—$86,800,000 Convertible 344s due
1915. . : ; .
‘Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Mo., Minn., N. H., N. J., N. Y., R. 1,
Vt. and Wis. = :
Listed (bonds dated 1879, 1893 and 1908) on
the New York and Philadelphia Stock Exchanges.
Original Market—$49,000,000 434s offered
by the company through Kuhn, Loeb & Co., at
10334 in February, 1915.
Market.
Philadelphia—Newburger, Henderson & Loeb,
. D. Barney & Co., S. K. Phillips, Chas. C.
‘Harrison, Jr., & Co., E. W. Clark & Co., Henry
& West, E. B. Smith & Co., Chas. Fearon & Co.,
Reed A. Morgan & Co., Chandler & Co., Benson
& Packard, H. F. Bachman & Co., Penington,
Colket & Co., Mellor & Petry, Cassatt & Co.,
R. D. Ghriskey & Co., Ervin & Co., Townsend
Whelen & Co., Edward Lowber Stokes, Harper
& Turner, George S. Fox & Sons, F. P. Ristine
& Co., Montgomery, Clothier & Tyler, Reilly,
Brock & Co., Frazier & Co., Reed & Huntoon,
Harslay Moore & Co., W. H. Newbold Son &
0.
New York—Remick, Hodges & Co., Bigelow
& Co., L. M. Prince & Co., McGeorge & Vander-
hoef, F. H. Hatch & Co., J. S. Bache & Co.,
Struthers & iscoe, Morton Lachenbruch,
Jacobson & Friedman, Low, Dixon & Co., N. W.
Halsey & Co., Seasongood & Haas, Coffin & Co,,
Joseph Walker & Sons, Redmond & Co., Curtis
& Sanger, Farson, Son & Co., Ambrose R. Clark.
John H. Davis & Co., Strong, Sturgis & Co.,
Crawford, Patton & Cannon, Wood, Struthers
& Co., N. W. Halsey & Co., Alexander & Burnett.
Boston—N. W. Harris & Co., W. L. Raymond
& Co., Parkinson & Burr, R. L. Day & Co.
Pittsburgh—Moore, Leonard & Lewis.
Chicago—Harris Trust & Savings Bank.
Cincinnati—Fifth-Third National Bank.
PENNSYLVANIA RAILROAD CO. Real Estate
Purchase Money 4s. Due May 1, 1923.
Tax exempt in Pennsylvania.
Dated May 1, 1893. Interest payable May
642
and Nov. 1, at Farmers’ Loan & Trust Co.,
_New York.
Authorized and Outstanding—$2Z,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
ea ee, Loan & Trust Co., New
ork.
Secured by a first mortgage on all property,
‘right, title and interest of the company in Piers
Nos. 3, 4 and 5, North River, New York.
Underlies—$138,000,000 Cons. Mtge.
Debenture bonds.
Legal for Balt., Cal., Fla., Me., Mo., Mich.,
. H., N. J., N. Y., R. I. and Wis. -
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
“New York—Herrick & Bennett, Coffin & Co.,
.Gude, Winmill & Co., Korn, Lehman & Co.,
Newborg & Co., F. H. Hatch & Co., J. S. Farlee
’& Co., Hartshorne & Battelle, Bigelow & Co.,
John H. Davis & Co., Redmond & Co.
Philadelphia—E. B. Smith & Co., S. K.
_ Phillips, E. W. Clark & Co., C. D. Barney &
& Co., Penington, Colket & Co., Henry & West,
Chas. Fearon & Co., W. H. Newbold’s Son & Co.
eo A. Morgan & Co., Frazier & Co., Cassatt
Co.
Boston—R. L. Day & Co.
and
PENNSYLVANIA RAILROAD CO. General
Freight Equip. Tr. 4s. Issues of 1906,
Series ‘‘A” to “‘Y¥” inclusive. Due $100,000
of each series annually, Series ‘‘A” to ‘‘F”
on Feb. 1, “‘G” to “‘L’? on May 1, ‘‘M” to
“R” on Aug. 1 and ‘‘S” to ‘“‘Y” on Nov. 1.
to Nov. 1, 1916, inclusive.—F.
*Tax exempt in Pennsylvania.
Dated, 1906. Interest payable quarterly,
Feb. 1, at Fidelity Trust Co., Philadelphia.
Authorized—$25,000,000.
> , Outstanding—$3,800,000.
Balance Matured.
Denomination—Coupon, $1,000.
$1,000. 7
Trustee—Fidelity Trust Co., Philadelphia.
Guaranteed as to principal and interest by the
- Pennsylvania R. R. Co.
Secured by equipment trust agreements on
5,000 steel underframe box cars, 10,000 steel
gondola cars, 1,000 steel underframe refrigera-
tor cars and 62 steel hopper gondola cars.
Registered,
PENNSYLVANIA RAILROAD CO. Equip. Tr.
4s. Issue of 1907, Series ‘‘A” to ‘‘I’” in-
clusive. Due $100,000 of each series an-
nually, Series ‘‘A’? on May 1, ‘‘B’’ to ‘‘E”
on Aug. 1, and ‘‘F” to ‘‘I’* on Nov. 1 to
Nov. 1, 1917.—F.
Tax exempt in Pennsylvania.
Dated, 1907. Interest payable quarterly,
Feb. 1, at Fidelity Trust Co., Philadelphia.
Authorized—$9,000,000.
Outstanding—$2,600,000.
Balance Matured.
Denomination—Coupon, $1,000.
$1,000. :
Trustee—Fidelity Trust Co., Philadelphia.
Guaranteed panes) and interest by the
Pennsylvania R. R. Co. i
Secured by equipment trust agreements on
5,856 steel hopper gondola cars, 412 steel under-
frame box cars and 1,000 steel gondola cars.
Legal for N. H. and R. I.
Registered,
PENNSYLVANIA RAILROAD CO. Equip. Tr.
4s. Issue of 1910, Series ‘‘A” to ‘‘K” ine
clusive. Due $100,000 of each series an-
nually each May ist to May 1, 1920,
inclusive.—F. d
‘ax exempt in Pennsylvania.
Dated May 2, 1910. Interest payable quar-
terly, Feb. 1, at Company’s office, Philadelphia.
Authorized—$11,000,000.
Outstanding—$5,500,000.
Balance Matured.
‘Oe Codbony, $1,000. Registered
Trustee—Fidelity Trust Co., Pailadelphia,
Guaranteed principal and interest by the
Pennsylvania R. R. Co.
Secured by equipment trust agreements on
10,100 freight cars. :
Original Market—Offered May, 1910, at prices
to yield about 414%, by E. B. Smith & Co.,
Philadelphia, Wm. A. Read & Co. and Kountze
Bros., New York.
Market—All Series.
New York—Freeman & Co., Ambrose R. Clark,
“Struthers & Hiscoe, Folsom & Adams, J. S.
Bache & Co., Bull & Eldredge, Alfred E. Risse,
Wood, Struthers & Co., Crawford, Patton &
Cannon, Brown Bros. & Co., Seasongood & Haas,
eigades & Co., F. H. Hatch & Co., A. B. Leach
‘0.
Cincinnati—Fifth-Third National Bank.
Boston—Edgerly & Crocker.
Baltimore—J. S. Wilson, Jr., & Co.
Philadelphia—Graham & Co., E. W. Clark &
Co., Reed A. Morgan & Co., Cassatt & Co.,
Borden & Knoblauch, S. K. Phillips, E. B. Smith,
& Co., Bioren & Co., Chas. C. Harrison, Jr., &
Co., E. R. Barnard, Elkins, Morris & Co., E.
V. Kane & Co., Henry & West, Newburger,
Henderson & Loeb, Chas. Fearon & Co., Geo.
S. Fox & Sons, W. H. Newbold Son & Co.
Pittsburgh—Gordon‘& Co.
PENNSYLVANIA RAILROAD Gen. Freight
Equip. Tr. 414s. Issue of 1913. Due $1,-
970,000 each April 1 to April 1, 1923.—F,
Tax exempt in Pennsylvania. ~ 2 :
Dated April 1, 1943. Interest payable Jan.,
April, July and Oct. 1, at Fidelity Trust Co.,
Philadelphia.
Authorized—$19,700,000.
Outstanding—$15,660,000.
Balance Matured. .
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
_. Secured by equipment trust agreements on
4,500 box ears, 1,000 gondola cars, 6,500 hopper
gondola cars, 1,500 coke cars, 1,000 automobile
box cars and 500 refrigerator cars, All of the
cars are either steel or have steel underframes.
Legal in N. H. and R. I.
Market.
New York—Seasongood & Haas, Bull & Eld-
redge, Bigelow & Co., H.N. Whitney & Sons,
Philadelphia—Barclay, Moore & Co., Reilly,’
Brack & Co., E. B. Smith & Co., Reed A. Mor-
gan & Co., Graham & Co., Montgomery, Clothier
& Tyler, W. H. Newbold Son & Co., Cassatt &
Co. ,
PENNSYLVANIA STEEL CO. (OF PA.) 1st
5s. Due Nov. 1, 1917.—F.
Tax exempt in Pennsylvania.
Dated ‘Nov. 1, 1887. Interest payable May
and Nov. 1, at Company’s office, Philadelphia.
Authorized and Outstanding—$1,000,000. -
Denomination—Registered, $1,000. Y
Trustee—Girard Trust Co., Philadelphia.
Control—All the stock is owned by the Pennsyl-
vania Steel Co. of New Jersey, which company
is controlled through stock ownership by the
Pennsylvania R. R. Co. and affiliated companies.
Secured by a first mortgage on plant at Steel-
ton, Pa., consisting of 5 blast furnaces, billet
mill, rail mill, etc., with an annual capacity of
600,000 tons of steel rails and structural steel.
Underlies—$4,000,000 Penna. & Maryland
Joint 63 (see above) which mortgage provides
for the retirement of this issue. 4 °
643
Net paenes, (P.S.. Cos of N. BD yp 3H
12/31/18). esc i cease eye
Interest on bonds. . i
This. issue. .
Sinking funds una depreciation. |
Listed ‘on’ the Philadelphia , Stock. sigehante,
Market
New York—H. Dunean' Bulidey., | “6 5
Philadelphia—Chas. C., Harrison, oe ge
Henry . Meet, Chas. Fearon & Co.; .C.:
Barney & W.: H...Newbold’s Son aot.
Mellor & pecs: Sak. Phillips.
PENNSYLVANIA STEEL CO. (OF PA.) Com.
2
Co. B
D.
Co.,
wall Ore Banks,: Coll. Tr..5s. Due Oct. 1
'1932.—-F.
Dated Oct. 1, 1902. Interest payable April
_and Oct. 1, at Company’ 3 office, Pbtadelphies
Authorized—$7,500,000.
Outstanding—$5, B39, 000. a! hg
Retired by Sinking Fund—$1, 661, 000..
Denomination—Coupon, $1, 000.
as to principal only.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at, 105 and
interest, in amounts of not less than $100;000
“nor more than. $500,000.,,
Sinking Fund-—50 cents per ton of ore. mined,
with minimum of $150,000 annually to be ap-
. plied to redemption of bonds by. lot at ave and
‘interest, annually on April.1.
‘Control—See ist:5s above.
Secured by a lien.by deposit of over + 54% of
the capital stock, on the ore properti¢s of the
Cornwall Ore Co. in Lebanon County, ‘Pa., and
the Lebanon Furnaces, Lebanon, Pa., and on the
prey of the Cornwall & Lebanon R. R. Co.
y deposit of po42. 000 of $800,000. capital stock,
owning 26 miles of road against which there is
outstanding $764,900 1st: 4s.
Listed on the Philadelphia Stock Exchange.
arket
Philadelphia—Reed A. Morgan & Co. on Chas.
A. Fearon & Co., Robt. Giendinning & Co.,
Elkins, Morris & Co., 8. K. Phillips, C..D. Barney
& Co. ; : 1g
PENNSYLVANIA WATER & POWER CO.. 1st
S. F. 5s.; Die Jan. 2,'1940.—F.
Tax exempt in Pennsylvania.
Dated; Janoary..27, 1910. Interest payable
Jan,..and. July: 1, tat, Trustee’s ‘office, Bank of
. Scotland, (London, Eng., or Montreal Trust Co.,
« Montreal, Game 1. fer th .
‘Authorized—$12,500,000. .
Outstanding—$10, 427,000.
Retired by, Sinking Fund—$58, 000
Denomination—Coupon, $1, /000., " Registerable
to principal.» -
‘Trustee—Golumbia, Trast, Co., ‘New "York; .
ieee Kund—$50, 000 annually commencing
to and’ including 1919; , $75,000
annually thereafter to be applied to purchasing
these oe at not over 105 and interest.
Ofganization—Incorporated, ‘in Pennsylvania
‘in 1910 to develop, and operate. hydro-electric
plants on the Susquehanna River.
-« Secdred-by-:a first mortgage on hydro- électric
plant’ of 95, 000; h. p:' with ultimate capacity, df.
120,000 Lp. ‘located at Holtwood, Pa,, within
75 miles of Baltimore,. Philadelphia, Wilming-
ton, Del., and York; Chester and‘ Lancaster;; Pa.
-Further securéd by a first lien, byi:deposit, of the
‘stocks, and bonis of the Susquehanna
‘mission Companies of Pennsylvania and, Mary-
-land on. transmission line 40 miles in length on
-private right of way to Baltimore.
patty:
portation and lighting;, , Also. hag‘ contra ch with
‘the Edison Company at Laneadtats By Peli ivers
: wpower to that, company at, Holtwoo “Actual
cost of property reported as, $18,000, 000...
Registerable :
‘Yan. 1,
“anuually’ 1920 to and indluding 1924, and $100, 000°
Tans-.
The comn.
has jlong term contracts. with’ the public .
utility companies of that city for power ’ fOr trans-
{
.. Net, Earnings, AapBLi aire miisgess 4 + $855,552
* Interest on bonds 448,575 |
Listed on, the Philadelphia, Haluiners, ‘Mont-
real and London Stock Exchanges.
Original Market—Offered in 1910 by.Bertton,
Griscom & Jenks (now Bertron, Griscom & Co.),
ew York and Philadelphia.’ Offered | Feb.,
1914, ey, Jackson & Curtis, New York and, Bos-
ton, Aldred & Co., New York, and. Strother,
Brogden & Co., Baltimore, at 93 and interest.
‘Offered in Dec., 1914, by Jackson &',Curtis,
‘Boston, at 89 and interest, arid $2,000,000 offered
Feb., 1915, by Kissel, Kinriicutt’ & Co.,. New
Bone and Drexel & Co., Philadelphia, at ¢ 9054
andi interest.
Mar
Baltimore—Sutton & Ce. ., Hambleton & Co,
Howard R.-Taylor & Co., Nelson, Cook & Co.,
Baker, Watts & Co., Poe & Davies, W. W. Lana-
han & Co., Walter Koppelman, Riggs & McLane,
Townsend. Scott & Son,, H. Orrick, Strother,
Brogden & Co., Smith, ‘Loekhart & Co., Colston,
Boyce & Co., Jenkins, Whedbee & Poe, B., War-
ren Corkran & Co.
Boston—Jackson & Curtis, L. Sherman Adams.
Philadelphig—Chandler, & Co., M.. M. Free-
man & Co., Oscar R. Dare.
New York—Jackson & Curtis, Gilbert Eliott
& Co., F. H. Hatch & Co., Lamarche & Coady,
W. C. Langley & Co., Seasongood & Haas,
.Gwynne Bros., E. & C. Randolph, Miller & Co.,
Didrichsen & Co., Berdell Bros., John. D. Curtis
& Co., Hambleton: & Co., Byrne & MeDonnell.
PENOBSCOT SHORE LINE RAILROAD co.
Ist '4s.: Due Aug. 1, 1920.—N. 1
See Map 11. .
Dated ‘Rug. 1, 1890: Interest, avails Feb.
and Aug. 1, at ‘First National: Bank, Portland,
‘Me., Second National Bank, Boston, National
Park Bank, New York, or at ‘office of company.
Authorized and Outstanding—$1) 300,000.
Denomination—Coupon, $1,000. Fully: regis-
terable. |
Trustees—Charles -E.: Patten, Edward A.
Butler and John C. Levensaler.
Control—Absorbed by the Maine Central
‘Railroad Co.
Assumed by Maine Central R. R. Co: at: con-
solidation in 1901.
Secured by a first mortgage on’ (5): 49 miles ‘of
road from Woolwich to Rockland, oy) ED
ferry between Woolwich and Bath. hese bonds
are outstanding at the rate of $26,500 per mile.
Underlies—$400,000 Knox: & Lincoln 5s;-of
1921: ‘and the Maine. Central Cons. Refunding
Mtge. No: bonds are outstanding under the
latter. mortgage, but. bonds are reserved under
it to retire this issue.
Legal for Cal., Conn., Fla., Me., Mass.;Mich.,
Minn., N. H., N. J., N. Y., R. I. and Wis. ’
PENSACOLA. & ATLANTIC RAILROAD COs
ist 6s. Due Aug. 1, 1921.—
See Map 65.
Dated August 1, 1881. Interest payable Feb.
-and Aug. 1, at Louisville & Nashville R. R Gee 8
office, 71 Broadway, New York. V4
Authorized—-$3 000,000; - ~
' Outstanding—$1,584 000... 5
Balance Retired by Sinking Fund. oe
_Denomination—Goupon, $1,000. ‘Registerable
as to principal? ,- i
Trastees--Edmond De. Randolph | and’ John
Cadwalader.
Redeemable at 110 and interest, 2 Feb. 1
annually: ,
Sinking Fund—Annually from’ 1899, 11 has of
bonds issued, plus 6%' of all. bonds, redeemed ,
yayable in cash or bonds, taken at, par.“"Tf gash
‘is paid, it shall be applet to “ine “Tedeli io of
these bonds at 110 and. interes’ x
Aasimen. by: the* Louisville é ‘Nashville.
Co. :
644
‘Control—Absorbed by: 4 ehe ‘Louisville & Nash- :
vill R. R. Co;
Secured by a first mortgage on (12) 160. miles of
road from Pensacola to River JI unction, Fla.
This line forms’part of the: only through route -
between New Orleans and- Mobile and points
on the: South Atlantic Coast, connection being
made at River Jct. with the Seaboard Air Line
Ry. and the Atlantic Coast Line R. R. These
bonds are outstanding at the rate of $9,900
per mile. -
Legal HOE Cal., Conn., Fla., Masz., Mieh.,
Minn.,; N.. H. , R.\., Vt. and Wis.
Listed on the New Yorke Stock Exchange.
: arket.
New York—Bigelow & Co., Coffin & Co., Red-
mond & Co., J. S. Bache & Co., Albert E. “Apten,
Gilman & Clucas, BE. W. Clark &- H.
Hatch & Co., Ambrose R. Clark, asobane &
Battelle, McGeorge & Vanderhoef.
Hartford—Roy P. Crary.
PENSACOLA ELECTRIC Co. Ist 5s.
Aug. 1, 1931.—
Dated August 1, i306. Interest’ payable Feb.
and Aug. 1, at_ old Colony Trust C+ Boston,
Mass
‘Authorized—$1, 500,000. 7
Outstanding—$877, 000.
Cancelled by Sinking eae ae 000.
Held in Treasury—$26
Denchtinaten Carnet. Por 000.
as to principal.
Trustee—Old Colony Trust Co: »y Boston, Mass.
Redeemable as a whole, or in part for sinking
fund, at 105 and interest.
Sinking Fund—144%, per, annum of bonds
outstanding, began Dec. 1,1 1912.
‘| rganization-—Ineorporated in Maine in 1906
as. Successor to the Pensacola Electric Terminal
Co. Owns the securities of the Escambia County
Eleetric Light & Power ‘Co. .
agement—Stone & ‘Webster.
‘ga red ‘by a direct first mortgage on the
street railway system in Pensacola, Fla., com-
prising 21 miles of track, and a first lien on the
plants supplying that city with electric light
and power, through depgstt of the securities of
the Escambia County Electric Light & Power
Co. Population served over 27,000. Railway
franchises expire in 1933, and electric are un-
limited as to time.
Underlies—$250,000 6 % Conv. sees due 1916.
Miorer 2” 12/31/14 . $95,048.
Registerable
Market.
New’ ‘York—Stone & Webster, Perry, Coffin &
Burr, Kirkpatrick & Lewis, Ernest Smith. ‘<
Portland, Bo. Chott H. Pease. .
Philadélphia—E. B. Smith & Co. .
Boston—Walter st Place, Perry, Coffin & Burr,
Stone & Webster, L. Sherman Adams, Marshall
& Co., Hotchkin & Co.
em & Co., H. R. Taylor
0.
PENSACOLA ELECTRIC CO. 6% Conv. Notes.
Due March 1, 1916.—N.
Dated March 1, 1911. Interest payable Mar.
and Sept. 1, at Old - Colony Trust Co., Boston,
ass.
Authorized and Outstanding—$250,0
‘Denomination—Coupon, $100, $500 oa au 000.
Trustee—Old Colony Trust Co., Boston, Mass.
Redeemable on any interest date, as a whole
at par and interest.
onvertible into common stock at par at any
ime.
For description of property and serninee see
1st 5s above. a
Market.
Philadelphia—E. B..Smith & Co.
Due.
Boston—Stone & Webster.
New York—Gude, Winmill & cd 2
PEOPLES Gas & ELECTRIC co. (OSWEGO,
‘N. ¥:) Ist 5s. Due May 1, 1930.—F.
Dated May 1, 1900. ‘Interest payable Mar
and Nov. 1, at New. York Trust 'Co.,” New York
Qutstanding—$390, 000. °
Held in Treasury—$10,000.
z Denomination—Coupon $1,000
. Trustee—New York Trust Co., New York.
Redeemable by lot at 105 and interest.
Sinking Fund—$10,000 per annum began May
1, 1910, for the purchase or redemption o bonds
at not over 105 and interest.
Organization—Incorporated in New: York in
1900 as a consolidation of gas and electric Prop-
erties in Oswego. — :
ecured..by a first mortgage! on the plants.
supplying gas and electricity to Oswego, N. Y.
Population served, 27,000. ~
“Underlies—$306, 000 Convertible 5s.
Net Earnings, 12/31/14.. eb
Interest on bonds.
$80,748
37,204:
Marke
' Philadelphia—S. K. Phillips.
Boston—Hotchkin & Co.
arn York—Foster & Adams, Geo. H. Burr &
0.
New Haven—H. C. Warren & Co.
PEOPLES GAS & ELECTRIC CO., (Oswego,
ey Conv. 5% Deb. Due Dee. 1, 1933.
Dated Dec. 1, 1913. Interest payable June 1
and Dec. 1, at Trustee’s office.
Authorized—$400,000. .
. Outstanding—$300, 000. ,
Denomination—Coupon, $1, 000. Registerable
as to principal oul Registered, $1,000. C. &.
R. interchangeable.
ise oe carioan Trust Co., Boston, Mass..
Redeemable after 1925 at par and interest.
Convertible between Dec. 1, 1915, and Dec.
1, 1925, into capital stock, par for par.
{Qreanization—Incorporated in New York in
Security—These bonds are a. direct ohlivation
of the company, but not secured by a mortgage.
The company supplies gas and electricity in
Oswego, N. Y.,and vicinity. A part of its power
is purchased from the Niagara Transmission Co.
Population served, 27,000. Franchises are
perpetual.
Prior Lien—$435,000 1st 5s.
Net Earnings, 12/31/14.......... $84,545
Interest; cs hacia ok 6 iis a8 ts: 41,911
Original Market—$100,000 offered in 1914° by
H. C. Warren & Co., New Haven, at 92144 and
interest.
THE) J FEO ELES GAS LIGHT & COKE CO.
(CHICAGO) 1st Cons. 6s. Due April 1,
1943.—F.
Dated April 1, 1893. Interest payable April
and Oct. 1, at Trustee’s office, or Chicago.
Authorized—$10,000,000.
Outstanding—$4, 900, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization—See Ref. 5s.
Secured by a first: mortgage on the property
of the company as jit existed prior to August 1,
1897, and comprising an important part of the
gas properties in Chicago
Underlies—$20,554, 000 Ref. 5s of 1947 and
$1,412,000 Gen. & Ret. 5s of 1963.. Under both
mortgages bonds are reserved to retire this issue.
Net Earnings, 12/31/14
Interest on bonds......... os By ,
"This 168.6, i305. awe n Sass Gas 3 Seeds ‘1,1
Listed on the New York and Chicago Stock
Exchanges. . ba
645
Market. ie
Chicago—C. F. Childs & Co., First National
Bank, Harris Trust & Savings Bank, Babcock,
Rushton & Co., First Trust & Savings Bank,
Merchants Loan & Trust Co., John Burnham &
Co.,. Union Trust Co., Kennett, Cowan & Co.,
A..L. Baker & Co., Stanwood, Taylor & Co.,
Wm. A. Read & Co., Curtis & Sanger. ‘
New York—Bigelow & Co., Harris, Forbes
& Co., Effingham Lawrence & Co., Plympton,
Gardiner & Co., Low, Dixon & Co., L. A. Norton,
Peck, Rasmus & Truesdale, J. H. Becker & Co.,
J. A. Clark & Co., Russell, Brewster & Co., A. M.
Kidder & Co.., 3 mt
Boston—N. W. Harris & Co.
St. Louis—Bowman, Cost & Co.
(THE) PEOPLES’ GAS LIGHT & COKE CO.
f (CHICAGO) Ref. 5s. ‘Due Sept. 1, 1947.
Dated September 1, 1897. Interest payable
March and Sept. 1, at Central Trust Co., New
York, and at Chicago. |
Authorized—$40,000,000.
Outstanding—$20,554,000.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable. Regis-
tered, $1,000, and multiples, but not convertible
into coupon bonds.
wo ee Loan & Trust Co., New
or!
Organization—Incorporated in Illinois under
Special ‘Act in 1855 and in 1897 absorbed the
Chicago Gas Light & Coke Co., Consumers’ Gas
Co., See Gas Light & Fuel Co., Illinois
Light, Heat & Power Co., Chicago Economic
Fuel Co., Lake Gas Co. and Suburban Gas Co.
In 1897 Mutual Fuel Gas Co. was purchased,
and in 1898 was merged into Peoples’ Gas Light
& Coke Co., as was also Hyde Park Co. In
January, 1899, Calumet Gas Co. was acquired,
and its outstanding bonds assumed. In Feb.,
1907, leased the Ogden Gas Co. and Universal
Gas Co. (already controlled) for about 34 years,
under the terms of which the Peoples’ Gas Light
& Coke Co. guarantees $6,000,000 bonds of
Ogden Gas Co. and all its other debts. The
company in 1906 contracted for from 1,500,-
000,000 to 2,000,000,000 feet annually from the
By-Products Coke Corp. of South Chicago.
Also guarantees the $6,000,000 bonds and stocks
of the Indiana Natural Gas & Oil Co. in return
for that company’s supply of natural gas.
Secured by a general mortgage on all the
property of the company doing all the gas busi-
ness in Chicago and suburbs.: Franchises are
perpetual.
Prior Liens—$24,696,000 including 1st Cone.
5s and bonds of constituent companies which
this mortgage provides to retire.
Underlies—$1,412,000 Gen. & Ref. 58 of 1963,
which mortgage provides for the retirement of
this issue and prior liens.
Net Earnings, 12/31/14........ $6,789,505.
Anterest jiissc ic svareesi ty sions og 2,390,600
Listed on the New York and Chicago Stock
Exchanges.
Original Market—$3,000,000 offered in 1912,
at 10214 and interest, by Wm. A. Read & Co.,
New York, Chicago, Boston, Philadelphia and
London.
Market.
Chicago—Stanwood, Taylor & Co., Harris
Trust & Savings Bank, Peoples’ Trust & Savings
Bank, Babcock, Rushton & Co., Northern Trust
Co., Spencer Trask & Co., N. W. Halsey & Co.,
E, T, Konsberg & Co., First National Bank, Lee,
Higginson & Co., Merchants’ Loan & Trust Co.,
Union Trust Co., John Burnham & Co., Fort
Dearborn Trust & Savings Bank, J. B. Sardy &
Co., Sollenpetert & Co., Ames, Emerich & Co.,
Emery, Peck Rockwood, Central \Trust_Co.,
of Illinois, Russell, Brewster & Co., Illinois Trust
& Sav. Bank, State Bank of Chicago, First Trust
& Savings Bank; Curtis & Sanger, W. H. Colvin
& Co., Harris, Winthrop & Co., Wm. A. Read &
Co., Western Stock Bond Co.
New York—-Babcock, Rushton, & Co. Low,
Dixon & Co., Harris, Forbes & Co., Crawford,
Patton & Cannon, P. W. Brooks & Co., Curtis
& Sanger, Wm. A. Read & Co., Plympton, Gar-.
diner & Co., E. & C. Randolph, Seasongood &
Haas, J. Hathaway Pope & Co,, Newborg & Co.,
L. A. Norton, J. A. Clark & Co., Beverly Bogert
& a Russell, Brewster & Co., A. M. Kidder
& Co. a
Philadelphia—Montgomery, Clothier & Tyler,
Elkins, Morris & Co. d
< Co W. Harris & Co., Wm. A. Read
O.
_ St. Louis—Bowman, Cost & Co.
Indianapolis—German American Trust Co.
Albany—John J. Hart.
Omaha—City Trust Co.
Chicago—N. W. Halsey & Co.
PEOPLES’ LIGHT, POWER & RAILWAY Ist
‘6s. Due Sept. 1, 1917.—F._ hes
Interest payable March and Sept. 1, at Citi-
zens’ Savings Bank, Paducah, Ky. s
Authorized—$100,000. o-
Outstanding—$98, 500. .
Held in Paducah St. Ry. Sinking Fund Un-
cancelled—$1,500. ne
, Trustee—L. M. Quigley, Paducah, Ky, |
* Redeemable at par and interest. ie
Control—Absorbed by the Paducah Lt. &
Power Co., which company is controlled through
ownership of entire capital stock by the Paducah
Traction & Light Co. -
Management—Stone & Webster.
Secured by a first mortgage on part of the
street railway system and electric power plant
in Paducah, Ky. Street railway franchise ex-
pires in 1931, electric lighting in 1932. a
Refunding—The Paducah Traction & Light
Co. Coll. Tr. 5s provide for the retirement of
this issue..
Net Earnings, 12/31/14.......... $109,431
Interest and sinking fund........ 91,431
Market.
Boston—Stone & Webster.
PEOPLES’ PASSENGER RAILWAY Ist 48
Due Jan. 15, 1935.— F.
Tax exempt in Pennsylvania.
Dated 1874 (originally due_1905). Interest
ayable Jan. and July 15, at Real Estate Title
nsurance & Trust Co., Philadelphia...
Authorized—$250,000.
Outstanding—$219,000 ($81,000 were can-
celled when the bonds were extended in 1905).
Denomination—Coupon, $1,000.
Control—In 1893 the Peoples’ Traction Co.
acquired the entire capital stock, 83,000 shares
(par $25), paying $70 per share, and leased the
property. In 1896 the property was leased to
the Union Traction Co. for 998 years. Rental
10% on capital stock. This lease was assigned
to the Philadelphia Rapid Transit Co. in 1902.
The entire $6,000,000 capital stock of the Peo-
ples’ Traction Co. is owned by the Union Trac-
tion Co.
Secured by a first mortgage on the property
owned by the Peoples’ Passenger Ry., which is
known as the Callowhill St. Division, as well as
on all the real estate owned. The company
owns and leases a total of 98 miles of track in
Philadelphia.
Underlies—-$285,000 2nd 4s and $246,000
Cons. 4s.
Earnings—See Stock Trust Ctfs. below.
arket.
- Philadelphia—Henry & West, Robt.
dinning & Co., Chas, Fearon & Co.,
Phillips. f
New York—Coffin & Co., Kirkpatrick & Lewis.
Glen-
le *
646
PEOPLES’ PASSENGER RAILWAY Stock Tr.
Ctfs. 4s. Due Sept., 1, 1943.—F.
Tax free in Pennsylvania.
Dated April 15, 1893. Interest payable Feb.
and Aug. 1, at Trustee's office.
Authorized—$5,810,000.
Outstanding—$5,643,000.
Retired by Sinking Fund—$167,000.
Denomination—Coupon, $1,000.
-- Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities.
Sinking Fund—Began Feb. 1, 19038, $25,000
per annum, to be applied to the purchase of cer-
tificates at not over par, but are not drawn.
Guaranteed as to principal and interest by
the Peoples’ Traction Co. by endorsement.
Control—See Ist 5s above. ; me
Secured by deposit of the capital stock of the
Peoples’ Passenger Ry. Co. at the rate of 14 2-7
shares (par $25) for each $1,000 bond.’ : For
further details see 1st 53 above.
Net Earnings (P. R. T.),6/30/14 $9,956,567
Rentalas.. ssipieis aisvesysvere dae wraps 7,484,365
Interest 2s joc ew aie acne ae ge sacrniy 2,161,696
Listed on the Phiedeipis Stock Exchange.
arket.
- Philadelphia—Chas. Fearon & Co., Brown
Bros. & Co., Robt. Glendinning & Co., Henry
& West,'C. D. Barney & Co., Newburger, Hen-
derson & Loeb, Mellor & Petry, Reed & Huntoon.
New York—Coffin & Co.
PEOPLES RAILROAD (SYRACUSE). Ist 5s
- | Due Jan. 1, 1921.—N. -- Pe
Interest payable Jan.
and July 1, at Merchants Nat’l Bank, Syracuse.
Authorized and Outstanding—$750,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
~ Control—Absorbed by the Syracuse Rapid
Transit Ry. Co., which was merged in 1912 into
the New York State Rys. Co., which is con-
trolled through stock ownership by the New
York Central & Hudson River R. R. Co.
_ Secured by a first mortgage on a part of the
street railway system in Syracuse, N. Y.
Underlies—$2,500,000 Syracuse R. T: Ry. 1st
6s and 2nd 5s and $12,748,000 New York State
Rys. Ist Cons. 414s of 1962, which latter mort-
gage provides for retirement of prior liens.
Net Earnings, 12/31/14 : $2,663,236
Interest and rents............. 1,355,466
Listed on the Cleveland Stock Exchange.
Market.
New York—Bigelow & Co., Foster & Adams,
Chas. H. Jones & Co., Rauscher & Childress.
Philadelphia—Oscar R. Dare.
Utica—A. James Eckert.
PEOPLES’ STREET RAILWAY OF LUZERNE
COUNTY Ist 6s. Due Aug. 1, 1918.—F.
Dated 1888. Interest payable Feb. and Aug.
1, at Farmers’ Loan & Trust Co., New York.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
, Control—Absorbed by the Scranton Ry. Co.,
which is controlled by the American Rys. Co.
Secured by a first mortgage on an important
pat of the street railway system in Scranton, Pa.
opulation of Scranton, 1910, 130,000. Fran-
chises are perpetual.
Underlies—$100,000 Gen. 6s and $2,100,000
5s of the Scranton Ry. Co.
*Net Earnings, 6/30/13.......... . $258,572
*After interest and taxes. 7
Market.
Scranton—E. A. Burke & Co.
Philadelphia—S. K. Phillips.
PEOPLES’ STREET RAILWAY OF LUZERNE
COUNTY Gen. 6s. Due Dec. 1, 1921.—F.
Dated 1891. Interest payable June and
Dee. 1, at Farmers’ Loan & Trust Co., New York.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000.
Secured by a second mortgage on property
described under lst 6s, above, which see for fur-
ther particulars.
Underlies—$2,100,000 5s.
Prior Liens—$200,000 1st 6s.
Market.
New York—W. E. Hutton & Co., L. F. Hep=
urn.
Philadelphia—Robt. D. Ghriskey & Co.
R. Glendinning & Co.
PEOPLES’ WATER CO. (OAKLAND, CAL.)
Gen. 5s. Due Jan. 2, 1937.—N.
Tax exempt in California.
Dated Jan. 2, 1907. Interest payable Jan.
and July 2, at Trustee’s office. July 2, 1914, and
subsequent interest in default.
Authorized—$20,000,000.
Outstanding—$7,149,000.
Denomination—Coupon, $1,000.
as to principal. . ‘
Trustee—Mercantile Trust Co., San Francisco.
Organization—Incorporated in California in
1906 as a consolidation of the Contra Costa Water
Co. and the Syndicate Water Co. In order to
precipitate a reorganization default was made
in payment of interest on the entire funded debt.
of the company in July, 1914.
- Secured by a mortgage on 46,829 acres of
land, 15 reservoirs, with a combined capacity of
31,000,000,000 gallons, 10 pumping stations and
850 miles of pipe supplying water to Oakland,.
Berkeley, Alameda,- Piedmont, Fruitvale, San
Leandro, Richmond, Emeryville, Cal. and other
towns. Population served, 300,000. ,
Prior Liens—$5,600,000 5s of constituent:
companies, all maturing Jan. 1, 1915. The com-
pany March 1914 made a proposal to holders of
these bonds to accept an extension to 1916 with
interest at 6%. ‘
Underlies—The company has a floating debt
of $3,635,466. :
Net Earnings, 12/31/13......... $1,022,800
Fixed charges...............005 821,327
Listed on the San Francisco Stock Exchange.
Original Market—Offered Oct., 1909, by
Wakefield, Garthwaite & Co., San Francisco.
PEORIA & EASTERN RAILWAY CO. Ist Cons.
4s. Due April 1, 1940.—F. :
See Map 42. . 8
Dated Feb. 22, 1890. Interest payable Aprik
and Oct. 1, at J. P. Morgan & Co., New York.
Authorized—$10,000,000. ee
Outstanding—$8,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Central Trust Co., New York, and
Chas. W. Fairbanks.
Guaranteed as to interest by the C., C., C. &
St. L. Ry. Co. under terms of lease. .
Organization and Control—Incorporated in
Illinois, Indiana and Ohio in 1890. $5,000,100
of the $10,000,000 stock is owned by the Cleve-.
land, Cincinnati, Chicago & St. Louis Ry. Co.,
which leases the property to April 1, 1940, in
consideration of the provision by the C. C. C. &
St. L. Ry. Co. of any deficiency in earnings neces-
sary to pay taxes and interest on these and under-
lying bonds. 3
Secured by a third mortgage on (2) 199 miles
of road from Indianapolis, Ind., to Pekin, IIl., sub-
ject to prior liens at the rate of $6,400 per mile,
and a second lien on (8) 140 miles of road from
Springfield, Ohio, to Indianapolis, Ind., by the
deposit of the entire $5,000,000 purchase money
mortgage covering the road as a second lien,
subject to a prior lien at the rate of $1,500 per
mile. These bonds are outstanding at the rate
of $25,100 per mile.
Prior Liens—$1,485,000 Ind., Bloom. & Wn.
1st 4s of 1940 and Ohio, Ind. & Wn. ist 5s of 1938.
Registerable
Registerable-
647
Underlleg-$4,000, 000. SF eOrls: & Eqstern Ry.
Ine. 4s of
et Earnings; 14/31/18 riaaeatnanss trea "$254, 654*
Interest, ete......,..0.....005 cvs, 406, 769
*Compares with $605, 063 i in 1913... - 3
Listed on the New. lores Soe Exchange.
;Mar
New York —MeGeurge, C Vanderhoef, Weed,
Struthers & Co., A. M. Kidder & Co., L. . M.
Prince & Co., Plympton, Gardiner .& Co.,:Wm.
re Cc. Een Herrick &. Bennett, Denny, Pomroy
& Co., Wm. Wilson & Co., Hartshorne &
Battelle, J. H. Becker & Co,, Coffin & Co. , Perey
H. Bradshaw, Korn,’Léehman & & Co., Newborg
& Co., Gude, Winmill & Co.
‘Chicago—Wollenberger & Co.
fe * a
PEORIA & EASTERN. RAILWAY :CO. Income
4s. Due April 1, 1990.—
Dated Feb. 22, 1890. . Interest payable April
1, if earned, at J.P. Morgan & Co., New. York.
Interest. is -non-cumulative. . The full interest
was paid from 1902 to 1911 and in. 1913, none in
1914 and 1915.°..
| Authorized and Outstanding —84, 000,000.
Denomination—Coupon, $1,00
Trustees—Central Trust, Co., New York, and
Chas. W. Fairbanks.
Organization and Earnings—See 1st Consol.
4s above.-
Protective Committee—In July, 1914, this pro-
tective committee. was formed, for the urpose
of securing more liberal treatment for holders of
these, bonds. The -claim was. ivenea that
earnings should have, been sufficient to pay in-
terest on these, bonds, as gross earnings in 1914
were substantially ‘equally to those of 1912, but
that operating expenses and line of equipment
increased $315,000. Committee as follows: John
F. Wallace (Westinghouse, Church, Kerr & Go.),
Lewis E. Waring, Sidney S. Schuyler (Schuyler,
‘Chadwick & Burnham), and Thomas. Nelson..
Secretary, Frank D. Ketcham, 80 Broadway,
New York. Depositary, Empire Trust. Co., 6
‘Cedar St., New York._
. Secured by a lien junior to that of the ist
Consol: 4s on ike property described under that
mortgage above. These bonds are outstanding
at the rate of $11,800 per mile.
. Prior Liens—$9,985,000 Ind., Bloom. & Wn.
Ast 48 of 1940; Ohio; Ind: & Wn: Ist 5s of 1938
and P. & E. 1st Cons. 4s of 1940.
Listed on the New York Stock Exchange. -
_ . Market.
New "York—J. H. Becker & Co., Hartshorne &
Battelle, Foster & Lerten
‘PEORIA & NORTHWESTERN RAILWAY, co.
ist 3344s. Due March 1, 1926.—N.
See Map 25.
Dated March 1,. 1901. Interest . payable
March and Sept. 1, at. Chicago - Northwesterns’
‘office, 111 Broadway, New York. :
Authorized and Outstanding—$2, 125, 000.
‘Denomination—Coupon, $1,000. Fully | regis-
tterable. Re; istered, $1,000, $5,000 and $10,000.
ie ‘armers’ Loan’ & Trust Co., New
7 Control—Absorbed by the C. & N. W. Ry.
‘Co
Assumed by the Chicago & Northwestern Ry.
‘Secured by a first mortgage on (10) 83 miles of
road from Peoria to ‘Nelson, his road
affords the C. & N. W. Ry. Co. its only entrance
into Peoria, Ill. An extension of this line to
Benld, Ill., 100 miles south of Peoria, has been
‘completed. These. bonds are outstanding at the
rate of $25,600 per mile, |
Legal for Cal., Conn., Fla., Me., Mass.; Mich.,
Minn., Mo., N. + N. Y., ’R. I. and Wis.
Original ‘Market—Underwritten in 1901, by
Kuhn, Loeb & Co., New York.
Market.
New “Vork teste tareet &-.Co., McGeorge &
Vanderhoef,, Struthers & Hiscoe, Hartshorne &
Battelle, J. H. Becker.& Co. .
Boston—Estabrook & Co. ,
PEORIA & PEKIN UNION RAILWAY Ast: 6s.
Due Feb. 1, 1921.—
Dated Feb. 1, 1881. Interest payable Feb.,
May, Aug. and Nov.:1, at Central Trust Co.,
New York. ‘e
Authorized—$1,500,000. «..
Outstanding—$1, 495, 000... - : a
Denomination—Coupon, $1, 000. ‘
Trustee—Central. Trust Co., New-York.
Organization and Control—Incorporated in
Illinois in 1880. Cantrolled through ownership
of its entire stock ay the following companies:
Chi., Peoria & St.:L, BE Dents Toledo, Peoria &
West., Chi. N, W.,€ » CLs ’C. & St. L., and
Lake E. & W.
Secured by 2 first mortga; e on 20 miles of
road from Peoria to Pekin and Peoria to Hollis,
Ill., with terminals in Peoria and Pekin. This
road furnishes terminal facilities in Peoria tor
the proprietor companies, and also the Chi. &
Alton, Minneapolis -&, St.. Louis and Vandalia
railroads. Each of these companies pay a fixed
rental of $22,500 per annum for the use of these
terminals, as well as additio al terminal ‘charges.
Sufficient of the fixed rental is pledged to pay
interest on these bonds.
Underlies—$2,300,000 2nd 44s and 5% de-
bentures. .
Net Earnings, 6/30/14 plies BSS Te ae ‘$271, 812 .
’ Interest.......... 6. 193,132
:Listed on the New York ‘Stock ‘Exchange.
Market.
New York—F. J. Lisman & Co., Gude, Win-
mill & Co., Wolff & Stanley, Redmond ‘& Co.,
Denny, Pomroy & Co.
PEORIA & PEKIN UNION RAILWAY 2nd
44s. Due. Feb. 1, 1921.—F.
Dated Feb. 1, 1885. Interest payable May
and Nov. 1, at Central Trust Co., New York.
Authorized—$1, 500,000.
_ Outstanding—$1, 499, 000.
~ Denomination—Coupon. $1,000.
Trustee—Central Trust Co., New York.
Secured -by a second mortgage on property
described, under Ist 6s, which, see above (ne
rental pledged for this issue).
Prior Liens—$1,495,000 1st 6s.,_
Underlies—$809, 000 Debenture 5s.
Listed on the New York Stock Exchange.
Market. |
New York—F. J. Lisman & Co., H. = Taylor
& Co., Gude, Winmill & Co., B..H. WwW,
Pelzer, Struthers & Hiscoe, J. H. erie & “Co. te
Pyne, Kendall & Hollister, Chas. a Jones & Co.,
Denny, POIBEOY ¢ & Co. . i
Buffalo—H. Pp: Taylor & Co. ae
Pittsburgh—H. P. Taylor & & Co.
PEORIA, BLOOMINGTON | & CHAMPAIGN
TRACTION CO. Ist 5s. . Wes Noy. 1, 1936.
Dated’ Nov. 1, 1906. Interest’ payable May:
and Nov. 1, at Agency’ of Merchants’ ‘Bank of
Canada, New York.
Authorized—$3,000,000.
Outstanding—$280, 000 “(Closed mortgage).
Denomination—Coupon, $1,000. one
as to principal.
Trustee—Central Trust Co., Chicago, Il.
Redeemable at 105 and interest on any interest
date on 30 days’ notice. ~
Guaranteed principal and interest by the
Illinois Traction Co. by endorsement.
‘Control—Absorhed in 1912 by the St. Louis,
Springfield & Peoria R. R. Co., which company
is controlled by the Illinois Traction Co. through
ownership of entire capital stock.
648
Secured by a first mortgage on 88 miles of
electric railway track from Bloomington to
Peoria, Ill. Franchises extend to 1956 in the
oe and balance of the road is on private right
of way.
Underlies—$4,635,000 St. Louis, Springfield
& Peoria R. R. 1st Ref. 58 of 1939 and $4,157,000
Gen. 5s of 1939.
Net Earnings, 6/30/12.......... $368,791
Interest on bonds............... 850,938
» Market.
Philadelphia—S. K. Phillips, Oscar R. Dare.
Chicago—Hulburd, Warren & Chandler.
New York—L. F. Hepburn, F. H. Hatch & Co.,
BE. &. C. Randolph.
Providence—Bodell & Co.
Boston—L. Sherman Adams.
PEORIA GAS & ELECTRIC CO. Ist 5s. Due
Jan. 1, 1923.—F.
Dated January 1, 1903. Interest payable Jan.
and July 1, at Hodenpyl, Hardy & Co., 14 Wall
St., New York.
. Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Bankers’ Trust Co., New York.
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
. Sinking Fund—5 % of the annual gross earnings
commencing Jan. 1, 1910, which may be applied
to pay for additions to property against which
no bonds have been issued.
_Control—Absorbed by the Central Illinois
Light Co., which is controlled by the Union
Railway, Gas & Electric Company, through
ownership of entire capital stock.
Secured by a first mortgage on plants supply-
ing gas and electric light and power in Peoria,
Til, and suburbs. Population served, about
0. Gas franchise expires in 1998 and
electric in 1947.
Underlies—$3,265,000 C. I. Light Co. 1st &
Ref. 5s, 1948, under which mortgage bonds are
reserved to retire this issue.
Net Earnings, 12/31/14........ $766,112
Interest (on bonds now out)..... 296,750
While WU cor. d hasan ¥ et Layee 133,500
Original Market—$2,000,000 offered in Feb.,
1904, at 101 and interest, by McCoy & Co,.
and Eversz & Co., of Chicago.
, Market.
Philadelphia—S. K. Phillips, R. M. Stinson &
Co., Reed A. Morgan & Co., E. V. Kane & Co.,
E. R. Barnard, Bioren & Co., Geo. N. Fleming,
Robt. D. Ghriskey & Co., R. Glendinning & Co.,
C. D. Barney & Co., Osear R. Dare, M. M. Free-
man & Co., Reed & Huntoon.
Chicago—Eversz & Co., E. W. Clark & Co.,
Hulburd, Warren & Chandler, Hodenpyl, Hardy
& Co., McCoy & Co. :
New York—J. S. Bache & Co., Coffin & Co.,
Hodenpyl, Hardy & Co., Kirkpatrick & Lewis.
PEORIA RAILWAY CO. ist & Ref. 5s. Due
annually Feb. 1, $80,000 in 1916; $85,000,
1917; $95,000, 1918; $100,000, 1919;
$105,000, 1920; $110;000, 1921; $115,000,
1922; $120,000, 1923; $125,000, 1924;
$130,000, 1925 and balance in 1926.—F.
Dated June 20, 1906. Interest payable Feb.
and Aug. 1, at agency of Merchants’ Bank of
Canada, New York.
Authorized—$3,600,000.
Outstanding—$2,819,000.
Retired—$435,000.
Denomination—Coupon, $1,000. |
Trustee—Illinois Trust & Savings
Chicago.
_ Redeemable on any interest date at 105 and
interest. aa
Guaranteed principal and interest by Illinois
Traction Co., by endorsement.
Bank,
Control—Entire $1,010,000 capital is owned by
the Illinois Traction Co. :
Secured by a first mortgage, subject to $570,-
000 prior lien on part of the property, on 52 miles
of street railway track in Peoria, Ill., with
extensions to suburbs; also on amusement
arks and real estate valued at $500,000. Popu-
ation served 75,000. Franchises in Peoria,
expire in 1926.
- Underlies—$818,000 Gen. 58 of 1926.
Net Earnings, 12/31/12......... $291,847
Interest (on bonds now out)..... 140,950
Original. Market—Offered in 1906 by N. W-
Halsey & Co., New York, etec., at par and interest.
Offered in February, 1915, by Merrill, Oldham &
Co., Boston, and N. W. Halsey & Co., New York,
Boston, Philadelphia, ete., at 96 and interest.
Market.
Philadelphia—sS. K. Phillips, Oscar R. Dare,
Perry B. Strassburger, Halsey & Co.
Providence— Miller & George, J. C. Hume & Ca.
Portland—Fidelity Trust Co.
Boston—Merrill, Oldham & Co.
Chicago—McCoy & Co. % -
New York—N:" W. Halsey & Co., Bigelow
& Co., Eastman, Dillon & Co.
St. Louis, Mo.—John Nickerson, Jr.
PEORIA RAILWAY TERMINAL CO. Ist 4s.
Due Jan. 1, 1937.—N.
Dated January 2, 1907. Interest Revels Jan.
and July 1, at First National Bank, New York.
Authorized—$1,500,000.
Outstanding—$944,000. :
Denomination—Coupon, $1,000. Registerable-
as to principal, or fully registerable. |
Trustee—lIllinois Trust & Savings Bank,
Chicago.
Redeemable as a whole only at 10214 and
interest after June 1, 1916. J
Guaranteed jointly and severally as to prin-
cipal and interest by the Chicago, Rock Island
& Pacific Ry. Co. and the Chicago & Alton R. R.
Co. by endorsement.
Control—The entire capital stock ($1,000,000)
is owned by the Chicago, Rock Island & Pacific
Ry. Co. and the Chicago & Alton R. R. Co.
Secured by a first mortgage on eight miles of
terminal road between Peoria and Pekin, Ill.,
over private rigat of way, about 13 miles of
local lines, a steel] drawbridge 1,000 feet long over
Illinois River, and union depot in Pekin. Frieght
business is handled by steam and local passen-
ger business by electricity.
Underlies—$1,500,000 ist & Ref. 414s of 1941.
Net Earnings, 6/30/14........... $36,073
FMterests sie. cb acaisiass wie o eee’ ee Seb 96,26
Original Market—Offered in 1907, by E. H.
Gay & Co., Boston, at 90 and interest.
Market. -
New York—F. J. Lisman & Co., W. C. Lang-
ley & Co.
PEORIA WATER WORKS CO. Prior Lien 5s.
Due May 1, 1948.—F.
Dated May 1, 1898. Interest payable May
and Nov. 1, at Metropolitan Trust Co.,N.Y.
Authorized—$800,000.
Outstanding—$531,000.
Pledged as Collateral—$69,000.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New York. |
Organization—Incorporated in New Jersey in
1898 as a reorganization of the Peoria Water Co.
Secured by a first mortgage on plant supplying
water to Peoria, Ill. Population served,-70,000.
Underlies—$1,400,000 Cons. 4s. The com-
pany has also outstanding $326,200 debentures.
Market.
Boston—H. C. Spiller & Co., F. W. Mason &
‘New York—F. H. Hatch & Co., Didrichsen &
oO.
New Haven—H. C. Warren & Co.
649
t
PEORIA WATER WORKS CO. 1st Cons. 4s.,
Due May 1, 1948.—F.
Dated May 1, 1898.
and Nov. 1, at Metropolitan Trust Co.,N.Y.
Authorized—$3,000,000.
Outstanding—$1,400,000.
Denomination—Coupon,, $1,000. . ;
Trustee—Metropolitan Trust Co., New York.
Secured by a second mortgage on property
described under Ist 5s, above.
Prior Liens—$531,000 Ist 5s.
Underlies—$326,200 Debentures. .
Original Market—Issued to holders of equal
amount of 6% bonds of the former Peoria Water
Co., in accordance with plan of reorganization.
Market. |
oon C. Spiller & Co., F. W. Mason
oO.
New Haven—H. C. Warren & Co.
PERE MARQUETTE RAILROAD COMPANY.
Incorporated in Michigan and Indiana in 1907
as a consolidation of a company of the same
name and one of its subsidiaries. The company
owns 1,800 miles of road, practically all in
Michigan, and including lines extending from
Porter, Ind., near Chicago, to Detroit, Mich.,
Grand Rapids to Bay View, Mich., in the north-
western extremity of the Lower Peninsula, To-
ledo, Ohio, to .Bay City, Mich., Port Huron, to
Ludington, Mich., and numerous branches.
From Ludington, which is on Lake Michigan,
ear ferries are operated to Milwaukee, Mani-
towoe and Kewaunee, Wis. The company also
eontrols. companies owning 250 miles of road, of
which 200 miles in Canada extends from Walke-
ville, opposite Detroit, to St. Thomas, with a
branch to Rondeau, on Lake Ontario, from which
port, car ferries are operated to Conneaut, Ohio,
in connection with the Bessemer & Lake Erie
R. R. Co. The company has trackage rights
into Chicago and Buffalo, and operates trains
over a total of 2,300 miles of road.
In 1912 the company was placed in the hands of
receivers. Default was made in the principal
of some notes, and interest on some of the junior
securities, but the interest on the underlying
liens was paid until early in 1914, when, in ac-
cordance with instructions from the court, the
company ceased paying interest on any of its
bonds, paying only the expenses incident to the
operation of the railroad.
A general protective committee to conserve
the interests of the underlying bondholders has
been formed, with W. B. Donham, 17 Court St.,
Boston., as secretary and the Old Colony Trust
Co. of Boston and Central Trust Co. and New
York Trust Co. of New York as depositaries.
ae pe of reorganization has as yet been per-
ected. ;
The Pere Marquette R. R. Co. has outstand-
ing $11,169,800 first preferred stock, $1,020,100
second preferred stock and $16,260,100 common
stock. From about 1902 to 1911 $11,000,000 of
this stock was owned by the Cincinnati, Hamil-
ton & Dayton R. R. Co., but in the latter year
that company sold its holdings to J. P. Morgan
& Co., charging off $11,200,000 on its books, as
the loss on this transaction.
The Pere Marquette R. R. Co. has outstand-
ing on the 1,370 miles owned directly, or through
companies whose entire capital stock is owned,
bonds at the rate of $48,800 per mile. The com-
pany has earned its interest charges in two of
the last six years.
Report for years ended June 30:
913-14 1912-18
Gross Earnings.. $16,481,939 $17,406,755
Net earnings (def.) 994,184* 3,500,333
Net income (def.) 2,965,196 1,869,567
Interest........ 4,287,500t 3,565,116+
Deficit....... $7,152,895 $1,595,550
*Maintenance of equipment charges, which are
Ps ty
Interest, payable May.
included in operating expenses, were $6,265,000
in 1918-14, as against, $2,987,156 in 1912-13,
which ‘accounts for deficit from operations.
“+Accruéed and included for the sale of con-
tinuity in the accounts of the company, $1,319,-
940 in interest was actually paid in 1918-14 and
$2,795,587 in 1912-13.
PERE MARQUETTE RAILROAD CO. Coll. Tr.
4s. Due Jan. 1, 1923.—F.
See Map 100. , ‘
Dated January 1, 1903. Interest payable
Jan. and July 1, at Peoples’ State Bank, Detroit.
January, 1914, and subsequent interest in
default. :
Authorized and Outstanding—$2,870,000. ..
Denomination—Coupon, $1,000. Registerable
as to principal.
Garnniee_Nananal Trust Co., Ltd., Toronto,
an.
Redeemable at par on any interest date upon
six weeks’ notice.
Assumed by present Pere Marquette R. R. Co.
Secured by a second collateral lien on (8) 200
miles of road from Walkerville to St. Thomas
and Sarnia to Rondeau, all in Ontario, subject
to a prior lien at the rate of $15,000 per mile,
by the deposit of the entire capital stock of the
Lake Erie & Detroit River R. R. Co. Directors
of that company are elected by holders of these
bonds. These bonds are outstanding at the rate
of $14,400 per mile.
Refunding—Bonds reserved under the Re-
funding Mortgage to retire this issue.
PERE MARQUETTE RAILROAD CO. Lake
Erie Div. Coll. 4144s. Due August 1, 1932.
—F. ;
See Map 100. 4
., Dated June 15, 1903. Interest payable, Feb.
and Aug. 1, at J. P. Morgan & Co., New York.
February, 1914, and subsequent interest in
default... . :
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. es
Trustee—Guaranty Trust Co., New York.
Assumed by present Pere Marquette R. R,.Co.
Secured by a first lien on (8) 200 miles of road
from Walkerville to St. Thomas, Ont., and from
Sarnia to Rondeau, Ont., by deposit with the
Trustee, of the entire $3,000,000 Lake Erie &
Detroit River 1st 5s of 1932, which cover said
mileage. These bonds are outstanding at the
rate of $15,000 per mile.
Refunding—Bonds are reserved under the
Refunding Mortgage to retire this issue.
Market.
New York—Harris, Forbes & Co., Wolff &
Stanley, F. H. Hatch & Co., F. J. Lisman & Co.,
Rauscher & Childress, Chas. H. Jones & Co.,
Knauth, Nachod & Kuhne.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank.
Omaha—City Trust Co.
PERE MARQUETTE RAILROAD CO. Cons. 4s.
Due Jan. 1, 1951.—F.
See Map 102.
Dated January 2, 1901. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
‘ Interest in Default.
Authorized—$50,000,000.
Outstanding—$8,382,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000. — :
Trustee—Farmers’ Loan & Trust Co., New
ork.
a Assumed by the present Pere Marquette R. R.
Oe, «
Protective Committeé—Edwin S. Marston,
William W. Crapo, Charles W. Cox, A. R. Kuser,
650
ery
and C. Minot Weld. Secretary:
Heely, 22 William St., New York. Depositary:
Farmers’ Loan & Trust Co., New York.
Secured by a first mortgage on (1) 88 miles from
Greenville to Stanton, Mich., Benton Harbor to
Buchanan, Mich., Harbor Beach to Port Hope,
Mich., Carsonville to Sandusky, Mich., and Law-
ton to South Haven, Mich.; a2 second mortgage
on(2) 1,190 miles of road fram La Crosse, Ind., via
Grand Rapids to Bay View, Mich., Grand Rapids
to Detroit, Mich., Allegan to Pentwater, Bad
Axe, via Saginaw, Edmore and White Cloud to
Berry, near Muskegon, and numerous branches,
subject to prior liens at the rate of $12,500 per
mile; and a third mortgage on (3) 530 miles of road
from Toledo, Ohio, to Ludington, Mich., Port
Huron, Mich., to Saginaw and Bay City and Port
Huron to Grindstone City and branches, subject
to prior liens at the rate of $21,900 per mile.
Further secured by a first lien on the entire
$264,000 capital stock of the Grand Rapids,
Kalkaska & Southeastern R. R. Co., owning
33 miles of road from Rapid City to Stratford,
Mich., subject to $200,000 bonds, all of which
are deposited under the Refunding mortgage,
the entire $88,000 stock of the Huron & Western
R. R, Co., owning 11 miles of road from West
Bay City to Mines, and a first lien on $250,000
and a second lien on a like amount of the $1,000,-
000 stock of the Fort St. Union Depot Co.,
which owns a large freight and passenger terminal
in Detroit, subject to $1,312,000 bonds. These
bonds are outstanding at the rate of $4,900
per mile.
Prior Liens—$25,800,000 bonds of absorbed
companies. é
Underlies—$3,500,000 receiver’s certificates,
$28,000,000 Gen. Mtge. and Refunding Mtge.
bonds and $7,000,000 unpaid notes and deben-
tures. Bonds are reserved under the Refunding
mortgage to retire this issue. .
Market.
New York—Wm. A. C. Ewen, F. J. Lisman
& Co., Wolff & Stanley, Bigelow & Co., Redmond
& Co., F. H. Hatch & Co., J. S. Bache & Co.,
Foster & Adams, Coffin & Co., Gilman & Clueas,
Babcock, Rushton & Co., Samuel Goldschmidt.
Boston—L. Sherman Adams, Walter S. Place.
PERE MARQUETTE RAILROAD CO. Ref. 4s.
Due January 1, 1955.
See Map 102.
Dated January 2, 1905.
January and July 1, at J. P. Morgan & Co., New
York. Interest due July 1, 1912, July, 1918,
and Jan., 1914, paid by Bankers’ Trust Co. as
Augustus V.
Interest payable
tee under Rig. & Impvt. mortgage. Inter-
est due Jan., 1913, paid by receivers. July, 1913,
and subsequent interest in default.
Authorized—$60,000,000.
Outstanding—$10,106,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000,
$10,000 and $50,000.
Trustee—Central Trust Co., New York.
Deposited under Impv’t & Ref. Mtge.—$4,-
683,000. That mortgage provides that all
additional bonds issued under this mortgage
shall be deposited with the Trustee of the
Impv’t & Ref. Mtge.
Guarantee—Bonds numbered from 1 to 9,207
inclusive are guaranteed principal and interest
by the Cincinnati, Hamilton & Dayton Ry.
Co. by endorsement. The protective committee
is considering the advisability of taking steps to
enforce this guaranty.
Protective Committee—Benjamin Strong, Jr.,
Franklin Q. Brown, Frederick Strauss, Francis
R. Hart, E. V. R. Thayer and James Wallace.
Secretary; B. W. Jones, 16 Wall St. Depositaries;
Bankers Trust Co., New York, and Old Colony
Trust Co., Boston.
. Secured by a second mortgage on (1) 21 miles of
road from Alfred, on the Michigan-Indiana
651
State line to Porter, Indiana, subject to a prior
lien at the rate of $33,800 per mile and a second
lien on the entire $1,400,000 stock of the Lake
Erie & Detroit River R. R. Co. (for property
see Pere Marquette Coll. Tr. 4s, above) and by
a lien junior to that of the Consol. 4s on the prop-
erty described under that issue above. These
bonds are outstanding on the 1,830 miles on which
they are secured by a direct lien at the rate of
$5,500 per mile. .
Prior Liens—$605,000 receivers’ certificates
a a railway in Michigan, and $40,750,000
onds.
Underlies—$3,500,000 receivers’ certificates
and $16,000,000 Impv’t & Ref. Gen. Mtge.
-Bonds and $7,000,000 unpaid notes and deben-
tures. ‘
Listed on the New York and Boston Stock
Exchanges.
Original Market—$6,000,000 offered in Jan.,
1905, at 93 and interest by Redmond & Co., New
York.
Market.
New York—Wm. A. C. Ewen, F. H. Hatch -
& Co., F. J. Lisman & Co., Wolff & Stanley,
J. S. Bache & Co., Redmond & Co., Kean,
Taylor & Co., E. Bunge & Co., Korn, Lehman
& Co., Bigelow & Co., Coffin & Co., Hartshorne
& Battelle, Gilman & Clucas, Foster & Adams,
Ladd & Wood, Samuel Goldschmidt, Strong,
Sturgis & Co.
_Boston—L. Sherman Adams, Hotchkin & Co.
PERE MARQUETTE RAILROAD CO. Imp. &
Ref. Gen. 5s. Due March 1, 1961.—F.
Dated March 1, 1911. Interest payable
March and Sept. 1, at New York. (In default).
Authorized—$60,000,000.
Outstanding—$16,000,000.
Held in Treasury—$1,295,000.
Denomination—Coupon, $1,000.
as to principal, or fully registerable.
$1,000 and multiples.
interchangeable. . f :
Trustee—Bankers’ Trust Co., New York. °
é Redeemable at 110 and interest on any interest
ate.
Secured by a mortgage junior to that of the
Refunding mortgage and $1,900,000 receiver’s
certificates on the property described under
the Refunding mortgage and the Consolidated
mortgage. These bonds are outstanding on
the 1,830 miles on which they are secured as a
direct lien, at the rate of $8,700 per mile. Further
secured by a first lien on $4,683,000 Refunding
Mortgage Bonds. This mortgage provides that
all bonds which may be issued under the Refund-
ing Mortgage shall be deposited under this
mortgage. : :
These bonds were originally deposited as
security for $8,000,000 notes, due in 1916, but on
which interest was defaulted in September, 1912.
These bonds were sold at foreclosure, and were
purchased for $6,400,000, by a committee, repre-
senting the noteholders. This was a price of
40% for the bonds, and sufficient to pay $799.40
on each note, after the payment of expenses of
the committee.
Registerable
Registered,
Coupon and Registered
PERE MARQUETTE RAILROAD CO. 6%
Equip. Notes. Due $40,000 each Oct. Ist
and April 1st, to April 1, 1914, inclusive.—F,
Dated August 1, 1908. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York.
In default.
Authorized—$489,646.
Redeemed—$289,646.
Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement
on 750 wooden gondola cars costing $606,532.50,
of which $116,886.50 was paid in cash.
PERE MARQUETTE RAILROAD CO. 5% Re-
ceivers Certificates. Due June 1, 1915.—F.
Interest payable June 1 and Dec. 1.
Authorized—$3,500,000.
‘Outstanding—$1,500,000.
Redeemable at 101 and interest.
Secured by a mortgage junior to that of the
Refunding Mortgage on the property described
under that issue above.
Underlies—$16,000,000 Impv’t & Ref’g Gen.
4s and $7,000,000 unpaid notes and debentures.
PERE MARQUETTE RAILROAD CO. 44%
Equip. Notes. Due $54,000 each Oct. Ist
and April Ist, to April 1, 1916, inclusive.—F,
Dated April 1, 1905. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York.
Authorized—$1,080,000.
Outstanding—$206,231.
Redeemed—$873,769.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Secured by an equipment trust agreement on
15 locomotives, 5 parlor cars, 8 cafe cars, 20
passenger cars, 13 baggage and mail cars, 150
gondola cars and 25 cabooses, costing $1,200,711,
of which $120,711 was paid in cash. These notes
are an obligation of the Cincinnati, Hamilton &
Dayton Ry. Co., having been issued by that
company when it was in control of the Pere
Marquette R. R. Co. ‘
Original Market—Offered in 1905, by Rudolph
Kleybolte & Co., Cincinnati.
Market.
New York—Wolff & Stanley, Farson, Son &
Co., Coggeshall & Hicks.
PERE MARQUETTE RAILROAD CO. '5%
Pullman Equip. Notes, Series ‘‘A”’ and ‘‘B.”
Due $64,000 Series ‘‘A’’ and $68,000 Series
“B” each Oct. Ist and April 1, to April 1,
1919, inclusive.—F.
‘Dated April 1, 1911. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York.
In default.
Authorized—$2,112,000.
Redeemed—$132,000.
Outstanding—-$1,980,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 102 and interest on any interest
date on three weeks’ notice.
Secured by an equipment trust agreement on
4,000 box ears costing $3,661,200, of which
$1,549,200 was paid in cash. Further secured
by a first lien on 2,573,200 Pere Marquette
Ref’g. 4s. u
Original Market—Offered in 1911, by the
Bankers’ Trust Co., the Guaranty Trust Co.,
and White, Weld & Co., New York, on a 5% to
54% basis, according to maturities. 5
Market.
New York—Wolff & Stanley, Alfred R. Risse.
Baltimore—Hambleton & Co.
PERE MARQUETTE RAILROAD CO. 5%
Equipment Notes. Due $44,000 each June
1st and Dec. Ist, to June 1, 1921, inclusive.
—F.
Dated June 1, 1911. Interest payable June
and Dec. 1, at J. P. Morgan & Co., New York.
Authorized—$870,000.°
Redeemed—$122,000.
Outstanding—$788,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
50 locomotives and 14 passenger and baggage
ears, costing $1,023,913, of which $153,913 was
paid in cash. ae
Original Market—Offered in 1911, by Bankers’
Trust Co., the Guaranty -Trust Co. and White,
Weld & Co., New York.
Market.
New York—Bankers’ Trust Co., Guaranty
Trust Co., White, Weld & Co., Alfred R. Risse.
Philadelphia—Montgomery, Clothier & Tyler.
PERE MARQUETTE RAILROAD CO. OF
- INDIANA Ist 4s. Due May 1, 1943.—F.
See Map 100. .
Dated May 1, 1903. Interest payable May
and Nov. 1, at J. P. Morgan'&-Co., New York.
In default. :
Authorized—$2,500,000. /
Outstanding—$675,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Columbia Trust Co. and Charles
M. Jesup, New York.
Redeemable at 105 and interest on any interest
date upon 60 days’ notice.
Assumed by Pere Marquette R. R. Co.
Secured by a first mortgage on (9) 20 miles of
road from Michigan-Indiana State line near
Alfred to Porter, Ind. The company has track-
age rights from Porter to Chicago. These bonds
are outstanding at the rate of $33,800 per mile.
Underlies—$26,000,000 P. M. R. R. Ref. 4s
of 1955, a sufficient amount of which is reserved
to retire this issue, and Impt. & Ref. Gen. Mtge.,
$1,900,000 receivers certificates and $7,000,000
unpaid notes and debentures.
Market.
New York—Wolff & Stanley, Wm. A. :C. Ewen,
F. J. Lisman & Co.
Boston—L. Sherman Adams.
PERKIOMEN RAILROAD CO. ist Series 5s.
Due Jan. 1, 1918.—F.
See Map 104.
Tax exempt in Pennsylvania.
Dated January 3, 1888. Interest payable
Jan., April, July and Oct.1, at Reading Terminal,
Philadelphia.
Authorized—$800,000.
Outstanding—$799,600.
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia. .
Organization and Control—Incorporated in
Ponasyiyanie in 1865. The entire $1,500,000
capital stock is owned by the Reading Company,
and pledged under its Jersey Central collateral
trust mortgage. The Reading Co. in that
mortgage agrees to pay the principal and interest
of all bonds and other obligations of any com-
pany, a majority of whose stock is deposited
thereunder.
Secured by a first mortgage on (13) 38 miles of
toad from Perkiomen Jct. to Emaus, Pa.,
miles from Allentown. The tracks of the Eastern
Pennsylvania R. R., another subsidiary of the
Reading Co. are used from Emaus to Allentown,
forming the only route between Allentown and
Philadelphia, operated entirely by the P. & R.
Ry. Co. These bonds are outstanding at the rate
of $20,900 per mile.
Underlies—$1,125,000 Second Series 5s.
Net Earnings, 6/30/14.......... $236,800
Interest... eee 96,220
Legal for Me.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—E. W. Clark & Co., Crawford,
Patton & Cannon, E. B. Smith & Co., Pening-
ton, Colket & Co., Henry & West, Montgomery,
Clothier & Tyler, Brown Bros. & Co., Perry B.
Strassburger, Mellor & Petry, Robt. L. Ghriskey
Co., Reed A. Morgan & Co., Grah » & Co,
New York—Coffin & Co., F. H. Hatch & Co.,
Hartshorne & Battelle, Bigelow & Co.
PERKIOMEN RAILROAD CO. 2nd Series 5s,
Due Jan. 1, 1918.—F.
652
See Map 104.
Tax exempt in Pennsylvania.
Dated January 3, 1888. Interest payable Jan.,
April, July and Oct. 1, at Reading Terminal,
Philadelphia.
Authorized—$1,450,000.
Outstanding—$1,125,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia.
ooo and Control—See ist Series 5s
above.
Secured by a second mortgage on (13) 38 miles
of road from Perkiomen Jct. to Emaus, Pa.,
subject to a prior lien at the rate of $20,900 per
mile. (For details see 1st Series 6s, above).
Bonds of this issue are outstanding at the rate of
$29,400 per mile.
Prior Lien—-$799,600 1st Series 5s of 1918.
Earnings—See 1st Series 5s, above.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—E. W. Clark & Co., E. B.
Smith, Henry & West, Montgomery, Clothier &
Tyler, Brown Bros. & Co., Chas. Fearon & Co.,
Mellor & Petry, Perry B. Strassburger, Reed &
Huntoon, Elkins, Morris & Co., Reed A. Morgan
& Co., C. D. Barney & Co., S. K. Phillips.
New York—Crawford, Patton & Cannon, Wm.
C. Wilson & Co., Korn, Lehman & Co., Spencer
Trask & Co., Hartshorne & Battelle, Simon
Borg & Co.
Registerable
PETALUMA & SANTA ROSA RAILWAY Ist
5s. Due March 1, 1924.—F.
Dated March 1,1904. Interest payable March
and Sept. 1, at Mercantile Trust Co., San Fran-
cisco.
Authorized—$1,000,000.
Outstanding—$654,000.
Retired by Sinking vane Gon
Pledged as Collateral—$80,0'
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Mercantile Trust Co.,
cisco.
Redeemable at 110 and interest.
Sinking Fund—$30,000, 1914 to ‘1918; $50,000
1919 to 1923.
Organization—Incorporated in California in
1908. Stock is held in a voting trust for five
years, expiring in 1916. In May 1914 a plan for
exchanging these bonds for a new issue of a pro-
Posed new company was announced.
Secured by a first mortgage on 43 miles of
electric railway track from Petaluma through
Forestville, and Sebastopol to Santa Rosa, Cal.,
and branches. Also owns two steamers running
Registerable
San Fran-
between eens and San Francisco. Popula-
tion served, 30,000.
Underties—$217, 000 2nd mtge. 6s. These
bonds have matured, and holders are being asked
to extend them for two abe
Net Earnings, 12/31/14......... $84,440
Fixed charges...........00000005 60,422
This issue..... ereueutte Bator sited aw 47,402
Ma
Boston—E. H. Rollins & Sons.
PETERBOROUGH & HILLSBOROUGH RAIL-
ROAD Ist 44%s. Due July 1, 1917.—N.
See Map 13.
Dated J fly 1, 1897. Interest payable January
and July 1, at First National Bank, ee
Authorized and Outstanding—$100,
Denomination—Coupon, $500.
Trustees—Benjamin A. Kimball, John M.
Hill and Charles Minot.
Organization and Control—Incorporated . in
New yeaa in 1869. All the capital stock
of the P. & H. R. R. is owned by the Northern
R. R., which is leased for 99 years from 1890
to the Boston & Maine R. R.
Guaranteed under terms of lease as to pibisinal
and interest by the Boston & Lowell R. R. and
the Boston & Maine R. R. jointly and severally.
Secured by a first mortgage on (13) 19 miles of
road from Peterborough to Hillsborough, N. H.
These bonds are outstanding at the rate of
$5,100 per mile.
Underlies—$65,000 2nd 7s, which matured
in 1887. All of these bonds are owned by the
Northern R. R. Co. and no interest is being paid
on them.
Legal | for Fla., Me., Mich., Minn. and N. H.
piped GAS CO. 1st 5s. Due April 1,
Dated April 1, 1901. Interest payable ie
and Oct. 1, at Real Estate Trust Co., Phil:
delphia.
Authorized—$250,000.
Outstanding—$235,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Real Estate Trust Co., Philadelphia.
Redeemable at 105 and interest.
Sinking Fund—Began in 1910, $5,000 annu-
ally to 1920 inclusive, and $7, 500 per annum
thereafter.
Organization and Control—Incorporated in
Virginia in 1901, entire $250,000 capital stock
owned by the American Gas Co.
Secured by a first mortgage on plant supplying
gas to Petersburg, Va. Population served,
24,000. Franchise expires in 1941.
Original Market—First offered by Bailes,
Heye & Harrison, Philadelphia and New York,
at par and interest in April, 1901.
Market.
Philadelphia—S. K. Phillips, Battles & Co.
PETERSBURG RAILROAD CO.
“fa” ~~ Due July 1, 1926.—
See Map
Dated Tuty 1, 1881. Interest payable Jan.
and July 1, at Merchants’ National Bank, Rich-
mond, Va.
Authorized—$1, 000
Outstanding—$868, 000 “(Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—Absorbed by the Atlantic Coast Line
. R. Co.
“Assumed by the Atlantic Coast Line R. R. Co.
Secured by a first mortgage on (13) 79 miles of
road from Petersburg, Va., to Weldon, N. C.
This road forms part of the main line of the
A.C. L. R. R. into Richmond, Va._ These bonds
are outstanding at the rate of $12,800 per mile.
Underlies—$82,000,000 Petersburg R. R. 2d
Mtge. 6s; A. C. L. Tibentices Cons. 48 of 1952
Unified 4s of 1959 and Gen. Unified 43 and 4}4s.
Bonds reserved under the latter mortgage pro-
vide for the retirement of this issue at maturity.
Legal for Balt., Cal., Conn., Fla. and N. Y.
Listed on the Baltimore and Richmond Stock
Exchanges.
Market.
New York—Coffin & Co., E. & C. Randolph.
Baltimore—Baker, Watts & Co., Poe & Davies,
Jenkins, Whedbee & Poe, Townsend Scott & Son,
Hambleton & Co., Sutton & Co.
eee Sere RAILROAD CO. Cons. Class
* 58. Due Oct. 1, 1926.—N.
aes Class
See Bras 3.
Dated July 1, 1881. Interest payable April
and Oct. 1, at Merchants’ National Bank,
Richmond, Va.
Authorized—$1,000,000.
Outstanding—$800, 000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
653
‘Control—See Class “A’’ above.
Assumed by the Atlantic Coast Line R. R. Co.
Secured by 2 second mortgage on (13) 79 miles
of road from Petersburg, Va., to Weldon, N. C.,
- subject to a prior lien at the rate of $12,800 per
mile. This road forms ig) of the main line of
the Atlantic Coast Line R. R. These bonds are
-outstanding at the rate of $11,800 per mile. -
Prior Lien—$868,000 Class “A” 5s of 1926.
- Underlies—-$81,200,000 A. C. L. Deb. Cons.
4s of 1952 and the Unified 4s of 1959. Bonds
»Yeserved under the latter mortgage provide for
the retirement of this issue at maturity.
- Legal for Balt., Conn. and N. Y.
Listed on the Baltimore and Richmond Stock
Exchanges.
Market.
Baltimore—W. ‘W. Lanahan & Co., Baker,
- Watts & Co., Poe & Davies, Jenkins, Whedbee &
Poe, Townsend Scott & Son, Hambleton '& Co.,
Sutton & Co.
Hartford—Roy P. Crary.
PHILADELPHIA & BALTIMORE CENTRAL
_ RAILROAD CO. Ist 4s. Due Nov. 1, 1951.
—F.
See Map 99.
_ Tax exempt a Pennsylvania and Maryland. -
-~. Dated Nov. 1, 1911. Interest: payable May
‘and Nov. 1, at Company’s office, Philadelphia.
Authorized—$10,000,000.
Outstanding—$2,200,000.
Denomination —Coupon, $1,000.
as to principal .
Trustee—Fidelity Trust Co., Philadelphia.
Organization and Control—Incorporated in
Pennsylvania in 1881. Leases the Chester
Creek R. R., seven miles in length, from Lamo-
kin to Lennai, Pa. All ofthe stock is owned by
the Philadelphia, Baltimore & Washington R. R.
‘Co., a subsidiary of the Pennsylvania R. R. Co.,
which operates the road under contract termin-
able upon six months’ notice, and which pro-
vides that net earnings shall accrue to the Phila-
delphia & Baltimore Central R. R. Co.
Guaranteed as to principal and interest py the
Philadelphia, Baltimore & Washington R. R. Co.
Secured by a first mortgage on (7) 74 miles of
road, from West Philadelphia, Pa., to Octoraro,
Md., and branch to West Chester, ’Pa., of which
13 miles are double-tracked. The road served
many suburbs’ of Philadelphia. These bonds
are outstanding at the rate of $30,000 per mile.
Deficit, (6 mos.), 6/30/14......... $27,796
Interest, CLG sido hc Gta s
Legal for Fla. ., Me., Mich., Minn., and N. H.
Market.
Philadelphia—E. W. Clark & Co., Wistar &
Stokes, Chas. Fearon & Co., Henry & West,
Reed & Huntoon, Ervin & Co., Montgomery,
Clothier & Tyler, Cassatt & Co., W. H. New-
bold’s Son & Co., Newburger, Henderson &
he
Registerable
Loeb, G. N. Fleming, Reed A. Morgan & Co.,
Cc. D. Barney & Co., S. K. Phillips, Harper &
Turner.
a New York—A. R. Clark, Wood, Struthers &
Oo.
aes & CHESTER VALLEY RAIL-
AD CO. 1st Preferred 4s. Due April 1,
138. —F.
See Map 104.
Tax free in Pennsylvania.
" Dated April 2, 1888. Interest reduced from
5% in 1896. Interest payable April and Oct.
1, at Reading Terminal, Philadelphia.
‘Authorized —$400, 000..: s
Oneness 510. $25,000 owned by
the Reading Co.
Denomination—Coupon,’ $500. Registerable
as to principal.
Trustée—The Pennsylvania Company for In-
surances on Lives and. Granting Anhuities,
Philadelphia.
Organization and Control—Incorporated in
Pennsylvania in 1888, The Reading Company
ns the entire $205,100 preferred stock and
OW!
$489,300 of the $550,000 common stock.
Guaranteed as to principal and interest by
the Reading Company by endorsement.
Secured by a first mortgage on (14) 24 miles of
toad from Downingtown to Bridgeport, Pa.
These bonds are outstanding at the rate of $11,200
per mile.
‘Underlies—$100,000 ae non-pref 38 * je
Net Earnings, 6/30/14............ 1,80.
Interest........ ge ahedeveeatinne Salers areeys 14,220
This issue’... .:.. cc:ceeise cca esas 11, 7220
Legal for Me.
Market.
Philadelphia—Henry & West, J. Paul Lloyd,
Mellor & Petry, Reed & Huntoon.
PHILADELPHIA & CHESTER VALLEY RAIL-
ROAD CO. Ist Bena en 3s. Due
April 1, 1938.—F.
See Map 104.
Tax free in Pennslyvania.
Dated April 2, 1888. Interest reduced from
4% in 1893. Interest payable April and Oct., 1
at Reading Terminal, Philadelphia.
Authorized and Outstanding—$100,000.
-Denomination—Coupon, $500. Registerable
as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia.
Organization and Control—See 4s above.
Guaranteed principal and interest by the
Reading Co. by endorsement.
Secured by a second mortgage on (14) road
described under the 1st 4s above. These bonds
are outstanding at the rate of $4,000 per mile.
Prior Liens—$280,510 1st Preferred 4s of 1938.
Earnings—See 1st Pfd. 4s, above.
Market. -
Philadelphia—Reed & Huntoon, E. W. Clark
& Co., J. Paul Mardi; Mellor & Petry, G. N.
Fleming.
PHILADELPHIA & EASTON ELECTRIC RAIL-
WAY CO. Ist 5s. Due Sept. 1, 1927.
Dated Sept. 1, 1907. Interest payable March
‘1 and Sept. 1, at Trustee’s office. (Interest in
default.)
Authorized—$1,000,000.
Outstanding—$911,000.
Denomination—Coupon, $100, $500 and$1,000.
Registerable as to principal.
Trustee—Girard Trust Co., Philadelphia.
Receivers appointed April 6, 1912, and reor-
ganization by reduction of capitalization is now
under way.
. Secured by a first mortgage on 31 miles of
track between Doylestown and Easton, Pa.
Net Earnings, oe nega ee $8,292
Market.
Boston—Hotchkin & Co.
Philadelphia—E. R. Barnard.
PHILADELPHIA & ERIE RAILROAD CO. Gen.
4s, 5s and 6s. Due July 1, 1920.—
See Map 98.
Tax eh in Pennsylvania.
Dated July 1, 1869. Interest payable, 6s,
Jan. 1 and July y at Broad St. Station, Philadel-
phia, and in London in Sterling. 5s and 4s,
April 1 and Oct. 1, at Broad St. ‘Station, Phila-
delphia.
Authorized—$20,000,000.
Outstanding—$8,680,000, 6s
$5,263,000, 5s
$5,880,000, 4s
Denomination—6s Coupon,
5s Registered, $1, a =
Trustee—W. H. B
Z Control_—Absorbed 1 by “the Pennsylvania R. R.
o.
$1,000. 4s and
654
Assumed by the Pennsylvania R. R. Co.
Secured by a first mortgage on (3) 288 miles
of road from Sunbury, via Williamsport, to
Erie, Pa. This road forms part of the line of
the ‘Pennsylvania R. R. between Philadelphia
and Williamspert, Erie and Buffalo. These
beads are outstanding at the rate of $68,800 per
mile. :
Underlies—-$188,000,000 Pennsylvania R. R.
Cons. 5s, 4s and 3 }4s, 1919-1948 and Convertible
34s of 1915.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. L,
Vt. and Wis.
‘ Market. :
Philadelphia—E. W. Clark & Co., S. K.
Phillips, Robert Glendinning & Co., C.
Harrison, Jr., & Co.,
Morris & Co., Reed & Huntoon, Montgomery,
Clothier. & Tyler, Chandler & Co., Henry &
West, Frazier & Co., Chas. Fearon & Co., Mellor
& Petry, Brown Bros. & Co., Cassatt & Co.,
Ervin & Co., W. H. Newbold’s Son & Co., Benson
& Packard, Reed A. Morgan & Co., Bioren & Co.,
Penington, Colket & Co., C. D. Barney & Co.,
Goodall, Wester & Co., Graham & Co., Wistar &
Stokes, C. J. Bender & Co. ©
New York—Wm. C. Wilson & Co., Coffin &
Co., Crawford, Patton & Cannon, Freeman &
Co., Penington, Colket & Co., Blodget & Co.,
J. S. Bache & Co., Redmond & Co., BE. & C.
Randolph, Hartshorne & Battelle, F. H. Hatch
& Co., Seasongood & Haas, Simon Borg & Co.,
Bigelow & Co., Gilman & Clucas, Wood, Struth-,
ers & Co., Hambleton & Co.
Pittsburgh—Moore, Leonard & Lewis.
PHILADELPHIA & FRANKFORD RAILROAD
CO. 1st 4s. Due Aug. 1, 1922.—F.
Tax exempt in Pennsylvania.
Dated August 1, 1892. Interest payable Feb.
and Aug. 1, at Company’s office, Philadelphia.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guarantee Trust & Safe Deposit
Co., Philadelphia.
Organization and Control—Incorporated in
Pennsylvania in 1892. The entire $500,000 capi-
tal stock is owned by the Reading Company and
the property leased for 999 years from 1908 to
the Philadelphia & Reading Ry. Co. for interest
and taxes.
Secured by a first mortgage on 214 miles of
toad in the City of Philadelphia from Crescent-
ville to Frankford. This road affords the
P. & R. Ry. access to a thickly populated and
important industrial section of Philadelphia.
Legal for Me.
Market.
Philadelphia—E. W. Clark & Co.
PHILADELPHIA & GARRETTFORD STREET
Sas CO. ist 5s. Due Aug. 1, 1955.
Tax exempt in, Pennsylvania.
Dated Aug. 1,°1905. Interest payable Feb.
and Aug. 1, at Trustee’s office.
' Authorized—$3,000,000.
Outstanding—$1,765,000 .
Denomination—Coupon, $1,000.
as to principal. . . :
Trustee—West End Trust Co., Philadelphia.
‘i pedvemable at’ 105 and interest any interest
ate,
Guaranteed as to interest under terms of
ew by the Philadelphia & West Chester Trac-
ion Co. f .
Control—Leased to and controlled through
stock ownership by the Philadelphia & West
Chester Traction Co. and is in turn controlled
by ‘the Eastern Securities Co. Rental interest
on bonds, taxes and $500 per annum for expenses.
* Secured ‘by a first mortgage on about five
Registerable
‘655
E. B. Smith & Co., Elkins,’
miles of main track and three miles of second
track extending from 69th St., Philadelphia, ‘to
Collingdale, Pa. Franchises are perpetual.
Net Earnings P. & W. C. T.,
VU/SO/1G 5 oho: icesecetdevs 4:0 deci soe « $250,164
169,030 |
Market. -
Philadelphia—S. K. Phillips, Geo. N. Fleming,
Geo. S. Fox & Sons, Robt. D. Ghriskey & Co.,
Oscar R. Dare, Merchants Union Trust Co.,
Wistar & Stokes, Barclay, Moore & Co., O. B.
Lansinger & Co., Bioren & Co.
PHILADELPHIA & READING COAL & IRON
CO. S. F. Coll. 4s. Due Feb. 1, 1932.—F.
Tax exempt in Pennsylvania. -
Dated February 1, 1892. Extended February
1, 1902, interest being reduced from 5%. In-
terest payable February and August 1, at Read-
ing Terminal, Philadelphia.
Authorized—$2,000,000.
Outstanding—$1,050,000.
Retired by Sinking Fund—$970,000. _
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. .
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia.
Sinking Fund—$30,000 annually for the pur-
chase of these bonds at not exceeding par.
Assumed by the Philadelphia & Reading Coal
& Iron Co.
Guaranteed as to principal and interest by the
Reading Company by endorsement.
Secured by a pledge of $1,087,000 Preston
Coal & Improvement Co. bonds; $900,000
Tremont Coal Co. bonds; $209,000 Mammoth
Vein Coal & Iron Co. bonds.
Underlies—$53,700,000 Reading Company—
P. & R. C. & I. Co. Gen. 4s of 1997, which mort-
gage provides for the retirement of this issue.
Market.
New York—Hartshorne & Picabia, F. H.
Hatch & Co., J. H. Becker & Co., Hartshorne
& Battelle, John H. Davis & Co.
Philade!phia—Geo. S. Fox & Sons, Chas. C.
Harrison, Jr. & Co., Graham & Co., Chas.
Fearon & Co., W. H. Newbold’s Son & Co.,
Henry & West, E. B. Smith & Co., Reed A.
Morgan & Co., Sullivan Bros. & Co., Elkins,
Morris & Co.
PHILADELPHIA & READING RAILROAD CO.
Extended Ist 5s. Due Oct. 1, 1933.—F.
- See Map 105.
Tax exempt in Pennsylvania.
Dated October 1, 1868. Extended October 1,
1893. Interest payable April and October 1, at
Reading Terminal, Philadelphia.
Authorized—$2,700,000.
Outstanding—$2,696,000 (Closed mortgage).
a $1,000. Registered,
Trastee—Fidelity Trust Co., Philadelphia.
Assumed by the Phila. & Reading Ry. Co.
Secured by a first mortgage on (2) 147 miles o'
road from Face to Mt. Carbon, Pa., and”
from -Reading to Harrisburg, Pa. The road to
Mt. Carbon is double-tracked and forms the
main line of the P. & R. Ry. to the anthracite
eoal: fields of Pennsylvania. These bonds are
outstanding at the rate of $18,400 per mile.
Underlies—$108,000,000 The P. & R. Impt.
4s of 1947 and the Cons. 4s of 1937 and the
Reading Co. Gen. 4s' of 1997. Bonds are re-
served under the latter mortgage for the retire-
ment of this issue.
Report P. & R. Ry., 6/30/14:
Gross Earnings
Net Earnings
$47,123,370
. 18,305,378
Net Income 10,969,833
Rentals.. - 6,453,868
Interest. . f 1,939,980
Surplus. . --» $5,401,888
Legal ‘for Balto., Cal., Conn., Fla., Me., Mich.,
Minn., N. H., N. J., N. Y., R. L. and Wis.
Listed on the Philadelphia Stock Exchange.
: Market. es, 5
_, Philadelphia—Chas. D. Barney & Co., C. C.
Harrison, Jr., & Co., E. W. Clark & Co., Henry
& West, Reed A. Morgan & Co.
New York—Coffin & Co., Hartshorne & Bat-
telle, John H. Davis & Co. .
PHILADELPHIA & READING RAILROAD and
the PHILADELPHIA & READING COAL
& IRON CO. Ist Series Cons. 4s. Due
March 1, 1937.—F.
‘See Map 105. .
Tax exempt in Pennsylvania.
Dated August 26, 1882. Extended March 1,
1897, interest being reduced from 5%. Interest
Payable March and Sept. 1, at Reading Ter-
minal, Philadelphia.
Authorized—$80,000,000 1st Series and $80,-
000,000 2nd Series.
Outstanding—$5,766,500 (Closed mortgage).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia. .
Assumed by the Philadelphia & Reading Ry.
‘O-
Organization and Control—The Philadelphia
& Reading Railroad Co. has been succeeded by
the Philadelphia Reading Ry. Co. Both this
company and the Philadelphia & Reading Coal
‘& Iron Co. were incorporated in Pennsylvania,
and are controlled through ownership of their
entire capital stocks by the Reading Co.
Secured by a second mortgage on (3) 167 miles
of road from Auburn to Rockville, Lebanon Jct.
to Brookside, Mt. Carbon to Mt. Laffee, Locust
Summit to Herndon, Locust Dale to St. Nicholas
and Mahanoy Plane to Newcastle, Pa., sub-
ject to a prior lien at the rate of $29,900 per mile
and a third mortgage on (2) 147 miles of road
from Philadelphia to Mt. Carbon and Reading to
Harrisburg, Pa., subject to prior liens at the rate
‘of $48,000 per mile. This mortgage covers all
of the road owned by and the principal lines
operated by the Philadelphia & Reading Ry. Co.
These bonds are outstanding at the rate of
$18,400 per mile. They are also secured by a
first mortgage on some 100,000 acres of coal land
of the P. & R. Coal & Iron Co.
Underlies—$93,700,000 Reading Co.—P. & R.
C. & I. Co. Gen. 4s. Bonds are reserved under
that mortgage to retire this issue.
Legal for Balto., N. H. and R. I.
Listed on the Philadelphia Stock Ecxhange.
Market.
Philadelphia—E. W. Clark & Co., Reed A.
Morgan & Co., R. Glendinning & Co., C. D.
Barney & Co., Henry & West, Barclay, Moore
& Co., C. C. Harrison, Jr., Co., Brown Bros.
& Co., W. H. Newbold’s Son & Co., E. B. Smith
& Co., Mellor & Petry, Chas. Fearon & Co.,
Graham & Co., Elkins, Morris & Co.
New York—Hartshorne & Battelle, L. M.
Prince & Co.
PHILADELPHIA & READING RAILROAD CO.
Terminal 1st 5s. Due May 1, 1941.—F.
Tax exempt in Pennsylvania. :
Dated May 1, 1891. Interest payable Feb.,
May, August and Nov. 1, at Trustee’s office,
Philadelphia.
Authorized and Outstanding—$8,500,000.
Denomination—-Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Provident Life & Trust Co., Phila-
delphia. 2% .
ic Assumed by the Philadelphia & Reading Ry.
oO.
Secured by a first mortgage on the passenger
station of the Philadelphia & Reading Ry. in
Philadelphia, located on one-half of a city block
at Twelfth and Market Sts., and on one mile of
four tracked elevated railroad. _
Underlies—$938,700,000 Reading Co.—P. &
R. C. & I. Co. Gen. 4s. Bonds are reserved
under that mortgage to retire this issue.
Legal for Balto. and N. H.
Listed on the Philadelphia Stock Exchange.
2 Market.
Philadelphia—Geo. S. Fox & Sons, S. K.
Phillips, E. W. Clark & Co., E. B. Smith & Co.,
Brown Bros. & Co., C. D. Barney & Co., Mellor,
& Petry, Henry & West, Chas. Fearon & Co.,
Reilly, Brock & Co., Reed A. Morgan & Ca.,,
Graham & Co., Wistar & Stokes, Welsh Bros.
New York—Coffin & Co., Crawford, Patton
& Cannon, John H. Davis & Co., MeGeorge &
Vanderhoef, Redmond & Co. ‘
PHILADELPHIA & READING RAILROAD CO.
Delaware River Terminal Ist 5s. Due May
20, 1942.—F.
Tax exempt in Pennsylvania.
Dated May 20, 1892. Interest payable May
and Nov. 20, at Trustee’s office, Philadelphia.
Authorized—$700,000. :
Outstanding—$500,000.
Retired and cancelled—$200,000.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia. ’
Secured by a first mortgage on certain ter-
minal and wharf property in Philadelphia, in-
cluding piers Nos. 38, 34, 35, 36, 38 and 39 South
harves, having a frontage of about 685 feet
on the Delaware River. A
Underlies—$93,700,000 Reading Co. Gen. 4s
of 1997. Bonds are reserved under that mort-
gage to retire this issue.
PHILADELPHIA & READING RAILROAD CO.
Delaware River Terminal Extn. Purchase
Money Ist 5s. Due July 1, 1942.—F.
Tax axenipt in Pennsylvania.
Dated July 1, 1892. Interest payable Jan.
and July 1, at Trustee’s office.
, Authorized—$1,222,000.
Outstanding—$809,000. Reduced to $809,000
under an agreement whereby piers Nos. 22, 23 and
24, South Wharves, Philadelphia, were released
from the lien of the mortgage.
Denomination—Coupon, $1,000.
as to principal. 2
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia. i
Secured by a first mortgage on terminal prop-
erties located on Swanson St., Delaware Ave.,
Davis St. and Catharine St., in Philadelphia.
Underlies—$93,700,000 Reading Co.—P. &.R.
C. & I. Gen. 4s of 1997. Bonds are reserved under
that mortgage for the retirement of this issue.
PHILADELPHIA & READING RAILROAD
CO. Imp. 4s. Due April 1, 1947.—F.
See Map 105. ‘
Tax exempt in Pennsylvania.
Dated October 1, 1873. Extended October 1,
1897, with interest reduced from 6%. Interest
evans April and Oct. 1, at Reading Terminal,
‘hiladelphia.
Authorized—$10,000,000 or £2,000,000.
Outstanding—$9,363,000 (Closed mortgage).
a0. ee $1,000. Registered,
Trustee—The Pennsylvania Co. for Insurances
on Lives and Granting Annuities, Philadelphia.
pa Assumed by the Philadelphia & Reading Ry.
oO.
. Secured by a first mortgage on (3).167 miles of,
road, including the line from Auburn to Rock-
ville, Pa., Lebanon Jct. to Brookside, Mt. Car-
bon to Mt. Laffee, Locust Summit to Herndon,
Locust Dale to St. Nicholas and Mahanoy Plane
Registerable
656
to Newcastle, and a second mortgage on (2) 147
miles of road from Philadelphia to Mt. Carbon
and Reading to Harrisburg, all in Pennsylvania,
subject to a prior lien at the rate of $18,400 per
mile. These bonds are outstanding at the rate
of $29,900 per mile.
Prior Liens—$2,696,000 Philadelphia & Read-
ing Extd. 5s of 19383.
Underlies—$103,000,000 P. & R. R. R. &
~& RC. - Consol. 4s and Reading Co.—
P. & R. Coal & Iron Co. Gen. 4s. Bonds are
reserved under the latter mortgage to retire this
issue.
Legal for Balto., N. H. and R. I.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—E. B. Smith & Co., E. W.
Clark & Co., Bioren & Co., Reed A. Morgan &
Co., Chas. Fearon & Co., S. K. Phillips, R. Glen-
dinning & Co., Cassatt & Co., C. C. Harrison, Jr.,
& Co., W. H. Newbold’s Son & Co., Brown Bros.
& Co., Henry & West, Mellor & Petry, Graham
& Co., Elkins, Morris & Co.
New York—Wm. C. Wilson & Co., Korn,
Lehman & Co., Crawford, Patton & Cannon,
Coffin & Co., Bigelow & Co., Simon Borg & Co.
John H. Davis & Co.
PHILADELPHIA & WEST CHESTER TRAC-
TION CO. Ist 5s. Due Oct. 1, 1918.—F.
‘Tax exempt in Pennsylvania.
Dated Oct. 1, 1898. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest on three
weeks’ notice.
_ Organization—Incorporated in Pennsylvania
in 1895 and controls through stock ownership the
Philadelphia and West Chester Turnpike Road
Co. (which controls the Delaware County Pas-
senger R. R.Co.), and Philadelphia Castle Rock
& West Chester Passenger Ry. Co. Leases the
Ardmore & Llianerch St. Ry., 314 miles and the
Philadelphia & Garrettford St. Ry., 8 miles.
These two last named properties were built as
feeders. :
Controlled through stock ownership by thé
Eastern Securities Co.
Secured by a first mortgage on 27 miles of
track and on leases of 21 additional miles. The
road extends from 63rd and Market Sts., Phila-
delphia, to West Chester, Pa., with branches
and feeders. Franchises are perpetual.
Underlies—$534,000 Gen. 5s of 1954, which
mortgage provides for the retirement of this issue.
Net Earnings, 11/30/14.......... $250,164
Interest, rentals, etc............. 169,030
Market.
Philadelphia—Wurts, Dulles & Co., Graham
. Co., S. K. Phillips, Oscar R. Dare, Bioren &
0.
PHILADELPHIA & WEST CHESTER TRAC-
TION CO. Gen. 4s. Due Jan. 1, 1954.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1904. Interest payable Jan. 1,
and July 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$534,000.
Denomination—Coupon, $1,000.
as to principal. : 7
Trustee—West End Trust Co., Philadelphia.
Po ucomebls at 105 and interest on three weeks’
notice.
Secured by a mortgage on the entire property
of the company subject to $400,000 1st 5s, see
above.
Earnings—See 1st 5s above.
Original Market—Offered in 1905, at 93 and
interest by Geo. B. Atlee & Co. (now Woelpper,
Crawford & Co.), Philadelphia.
Registerable
657
Market. y
Philadelphia—Geo. N. Fleming, Bioren & Co.
PHILADELPHIA & WESTERN RAILWAY lst
5s. Due July 1, 1960.—F.
‘Tax exempt in Pennsylvania.
Dated July 1, 1910. Interest payable Jan.
1 and July 1, at office of Edward B. Smith & Co.,
Philadelphia.
Authorized—$4,000,000.
Outstanding—$2,030,000.
Held in Treasury—$970,000.
Denomination—Coupon, $1,000.
as to principal only.
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Organization—Incorporated in Pennsylvania
in 1907.
Secured by a first mortgage on 14 miles of
high speed third rail interurban road from 39th
and Market Sts., Philadelphia, to the middle of
the bridge over the Schuylkill River at Norris-
town, Pa., and branch to Stafford, Pa. The com-
pany owns one-half of the stock of the Norris-
town Transit Co., which owns two miles of road
in Norristown. These lines combined form
part of a through route between Philadelphia
and Allentown, Pa.
Net Earnings, 6/30/14........... $152,380
Interest............. ns ++. 138,005
Original Market—Underwritten by a syndi-
cate at 83.33 with a 30% bonus of common
stock, but never publicly offered by the syndi-
cate.
Market.
Philadelphia—Harper &
Huntoon.
PHILADELPHIA & WILLOW GROVE STREET
RAILWAY Ist 414s. Due July 1, 1934.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1904. Interest payable Jan. 1
and July 1, at Land Title & Trust Co., Phila-
delphia.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—Land Title & Trust Co., Philadelphia.
Redeemable on any interest date at 105 and
interest on 30 days’ notice.
Sinking Fund—$10,000 per anaum from 1910
to 1914, inclusive; $15,000 to 1919, inclusive,
and $20,000 thereafter.
Guaranteed principal and interest by the
Philadelphia Rapid Transit Co., by endorsement.
Control—Entire capital stock owned by the
Philadelphia Rapid Transit Co. and road leased
to that company for 999 years from 1904.
Secured by 4 first mortgage on 17 miles of
street railway from Philadelphia city line to
Willow Grove Park. The road serves a a u-
lous suburban district and is a fast line to Willow
Grove Park, one of the finest amusement parks
in America.
Original Market—Offered by Newburger Bros.
&.Henderson (now Newburger, Henderson &
Loeb), Philadelphia, at 10314 and interest, in
July, 1905. Market.
Philadelphia—Henry & West, Chas. Fearon &
Co., Oscar R. Dare. ~
PHILADELPHIA, BALTIMORE & WASHING-
TON RAILROAD CO. Serial Deb. 4s. Due
$500,000 annually from Jan. 1, 1915 to
1924.—F.
Dated Jan. 1, 1909. Interest payable Jan.
and July 1, at Broad Street Station, Philadelphia.
Authorized—$5,000,000.
Outstanding—$4,500,000.
Balance Retired. 3.
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable. Registered,
$1,000. C. & R. interchangeable. . .
‘Trustees—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Registerable
Turner, Reed &
Organization and other details—See 1st 4s
above.
: Security——A‘ direct © obligation of the company
but not secured by a mortgage. The company
covenants that it will secure these bonds equally
with any which may be issued under any new
mortgage.
: : Legal for N. H. and R. I.
’ Listed on the Philadelphia Staats Exchange.
Original Market—$5, gh 000. offered in Dec.,
1908, by Brown Bros. & Co., and Edward. B.
Smith & Co., New York and Philadelphia, at
prices ranging from 98.94 and interest for 1915
maturities, to 97.50 for ae maturities.
* Philadelphia—E. w "Cini & Co., Chas. ‘Cc.
Harrison, Jr., & Co., Reed A. Morgan & Co., Chas
Fearon & Co., C. D. Barney & Co., Brown Bros.
& Co., Mellor & Petry, Henry & West, E. B.
Smith & Co., Graham & Co., Reed & Huntoon.
- New York—Coffin & Co., L. M. Prince & Co.
PHILADELPHIA, BALTIMORE & WASHING-
ies RAILROAD CO. Ist 4s. Due Nov. 1,
See Map 99.
Dated Feb. 1, 1904. Interest payable May
and Nov. 1, at. American Exchange National
Bank, New York, and Broad Street Station,
Philadelphia:
Authorized—$20,000,000.
Outstanding—$16,070,000.
Denomination—Coupon, $1,000.
as to. principal or fully registerable.
$1,000 and multiples.
interchangeable.
Trustee—Guaranty Trust Co., New York.
Organization and Control—tncorporated in
Delaware in 1902. Practically the entire capital
stock is owned by the Pennsylvania Railroad
Company. The P. B. & W. R. R. Co. owns 227
miles of road and operates under contract 477
miles additional. The lines operated extend
from Perryville, Md., to Columbia, Pa., Wilming-
ton to Delmar, Del., with branches to Chester-
town, Centreville, Cambridge and Oxford, Md.,
Rehobeth, Del., and Franklin City, Va., and
from Philadelphia to Octorora, Md.
The company also owns one half of the stock of
the Washington Terminal Co., which company
owns the only railroad passenger station in
Washington, D. C. The other half of the stock
is owned by the B. & O. R. R. Co.
Secured by a first mortgage on (8) 227 miles of
ig from Philadelphia, Pa., to Washington,
D. C., branches to Pope’s Creek, Md., Delaware,
City, Del., and numerous other short branches
including a long tunnel in Baltimore, Md. The
line from Philadelphia to Washington is double
tracked. These bonds are equally secured with
$3,930,000 Philadelphia, Wilmington & Balti-
more ds; at the rate of $88,100 per mile. ~
Underlies—$4,500,000 Debenture 4s.
Registerable
Registered,
Coupon and Registered
Gross Earnings, 12/31/14 - $20,357,562
Net Earnings 3,759,527
Net Income. 2,369,978
ENOL ORG cy cuesicdesjeuaynrinnaactocus 1,169,475 ~
Legal for Balto., Cal., Conn., Fia., Me., Mich.,
Minn., N.-H., N: J., N- Y¥., R. I. and Wis.
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—$10, 000,000 offered Deeks
1908, at 104 14 and interest, by Kuhn, Loeb & Co.,
New York; $4,500,000 additional offered March,
1911, at 102 and interest, b Seer & Co.,, New
York, Kidder, Peabody & , Boston, Newbur-
ger, Henderson & Loeb, Philadelphia and New
York, and Alex. Brown & Sons, Baltimore.
Market.
Pensa ehla — Norcurecr Henderson & Loeb,
S. K. Phillips, E. W. Clark & Co.; Chas. Fearon
& Co., Mellor & Petry, E. B. Smith & Co.;
Reed A. Morgan & Co., Townsend Whelen & Co.,
Chandler & Co., Sullivan’ Bros. & Co., Henry &
West, Brown Bros, & Co., Benson, & Packard,
C. D. Barney & Co,, Elkins, Morris & Co., Bioren.
& Co., Cassatt & Co.; W. H. Newbold’s Son & Co.
Graham & Co., Wistar & Stokes.
New York—Coffin & Co., Percy H. Bradshaw,
McGeorge & Vanderhoef, Newburger, Henderson.
& Loeb, Wm. C. Wilson & Co., F. H. Hatch &
Co., L. M. Prince & Co., Estabrook & Co., Speyer:
& Co., E . & C. Randolph, Ladd & Wood, ‘Season-
ge & Haas, Leonard Snider & Co., Redmond.
& Co.
Baltimore—Alex. Brown & Sons.
Boston—Kidder, Peabody & Co.
PHILADELPHIA COMPANY 10-Year Conv.
Deb. 5s. Due Aug. 1, 1919.—F.
Tax exempt in Pennsylvania.
Dated Aug. 1, 1909. Interest payable Feb..
and Aug. 1, at Trustee's office.
Authorized—$5, 000,000.
Outstanding—$1, 957, 000..
Converted into Common Stock—$396,000.
Denomination—Coupon, $1,000. Registerable-
as to principal.
- Trustee—New York Trust Co., New York.
Redeemable at 1024 and interest on 60 days”
notice.
Convertible into common stock of a par value
of $50 per share at par. —
. Organization and Earnings—See 5s of 1922,
elow.
‘Security—A direct gifieetios of the company
but not secured by a mortga;
Underlies—$18,000,000 Bonde of the United:
Rys. Investment Co. secured by the deposit of
stock of the Philadelphia Co.
Listed on the New York Stock Exchange.
. Original Market—Offered in July, 1909, by
Swartwout & Appenzellar, New York, at 9634
and interest.
Market.
Pipeeenge P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
PHILADELPHIA COMPANY Conv. Deb. 5s.
Due May 1, 1922.—
-Tax exempt in Pennsylvania.
Dated May 1, 1912. Interest payable May
and Nov. 1, at Biair & ae New York or London.
Authorized—$10, 000,000.
Outstanding—$9, 795, 000.
Converted—$205, 000.
Denomination—Coupon, $1,000 or £205-15-2.
Registerable as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 102% and interest on any
interest date upon 45 days’ notice.
Convertible into 6% cumulative preferred
stock at par. The company covenants that. it
will not create any stock ranking with or prior
to this 6% cumulative preferred stock, without
the consent of the holders of two-thirds of the
amount of such stock outstanding. :
Organization and Control—Incorporated in
Pennsylvania in 1871. The company controls
and operates, through its subsidiaries, all of the
street railway lines in Pittsburgh and _ vicinity,
including McKeesport, Homestead, Braddock,
Wilkinsburg ‘and other suburbs and also in and
around Rochester and Beaver Falls, Pa. All!
of the artificial gas in Pittsburgh and the natural
gas in that city and vicinity. The population
served by the company exceeds 1,250,000.
Practically all of une franchises under’ which it
operates are perpetual.
$24,200,000 of the $39,043,000 common stock
is owned by the United Railways Investment Co.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that it will not make any new mort-
gage upon its property or assets, without equally
securing these bonds with any which may be
issued under such mortgage.
658
Underlies—$18,000,000' bonds of: the United
-Rys. Investment Co., which are secured. by the
deposit of stock of the Philadelphia Co.
Gross Earnings, 3/31/14 --. $7,655,644
Net earnings
Net income
ENterese ieee 4 one sisi ebeate «eee. 1,854,379
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—$10,000,000 offered in Sept.,
1912, by Blair & Co., and Ladenburg, Thalmann
& Co., New York, at 97}4 and interest.
4 Market. .
.. New York—McGeorge & Vanderhoef, Blair &
Co., Ladenburg, Thalmann & Co., Hayden,
Stone & Co., Gilbert Elliott & Co., F. H. Hatch
& Co., L. M. Prince & Co., Coggeshall & Hicks,
H. P. Taylor & Co.
Cincinnati—P. J. Goodhart & Co.
Pittsburgh—Ussing, Scoville & Co., H. P.
Taylor & Co., Donner, Childs & Woods.
Boston—Hayden, Stone & Co.
Hartford—Richter & Co.
Louisville—United States Trust Co.
Buffalo—H. P. Taylor & Co.
PHILADELPHIA COMPANY Ist & Coll. Tr. 5s.
Due March 1, 1949.—F.
Tax exempt in Pennsylvania.
Dated March1,1899. Interest payable March
and Sept. 1, at Brown Bros. & Co., New York, and
Alex. Brown & Sons, Baltimore.
Authorized—$6,500,000.
Outstanding—$6,023,000.
Denomination—Coupon, $1,000.
as to principal.
Trusteé'Maryland Trust Co., Baltimore.
Organization, Control and Earnings—See
Deb. 5s of 1922, above.
Secured by a first mortgage on all the property
of the company. Further secured by a first
lien on the following stocks: Entire issue,
$4,000,000 common stock of the Consolidated
Gas Co., which owns the artificial gas plants in
Pittsburgh, and has a perpetual and exclusive
franchise. The company has also outstanding
$2,000,000 preferred stock on which the Phila-
delphia Co. guarantees dividends of 4% per
annum, and $5,000,000 1st mortgage bonds.
ihe pants of the company are being operated
at a loss.
$1,492,500 of the $1,500,000 stock of the
Chartiers Valley Gas Company, supplying
natural gas in the southwestern part of Pitts-
burgh and territory adjacent thereto.
Entire issue, $1,500,000, stock of the Alle-
gheny County Light Co., which owns or controls
plants supplying electricity in Pittsburgh proper.
These plants are subject to $3,000,000 bonds.
Company is leased to the Duquesne Light Co.,
at a rental equivalent to interest, taxes, operating
and maintenance expenses and’ $150,000 per
annum. The Duquesne Light Co. is paying
dividends of 7% per annum on more than
$20,000,000 stock. .
$183,200 of the $250,000 stock of the Allegheny
Heating Co., and $500 of the $1,000,000 stock of
the Philadelphia Co. of W. Va., both of which
companies supply natural gas. os
Prior Lien—$8,488,000 bonds of companies
whose stocks are deposited as security.
Underlies—$27,000,000 bonds and debentures
of the Philadelphia Co. and $8,000,000 bonds of
the United Rys. Investment Co., which are
secured by the deposit of stock of the Phila-
delphia Co. i
Listed on the Philadelphia and Pittsburgh
Stock Exchanges. .
Original Market—$4,000,000 offered in Feb.,
1899, by Brown Bros. & Co., New York, Phila-
delphia and Boston, and Alex. Brown & Sons,
Baltimore, at 10734 and interest. ih
Registerable
' Market. F
New York—Moore, Leonard & Lewis, C. H.
Hensel, H. P. “Taylor & Co. y ;
Philadelphia—Cassatt & Co., Ussing, Scoville
& Co., Chandler & Co., Brown Bros. & Co.,
Barclay, Moore & Co., Henry &' West, Chas. .D.
Barney & Co. :
Pittsburgh—H. P. Taylor & Co., Speer Bros.,
Moore, Leonard & Lewis.
Buffalo—H. P. Taylor & Co.
PHILADELPHIA COMPANY Cons. Mortgage
Coll. Tr. 5s. Due Nov. 1, 1951.—F.
Tax exempt in Pennsylvania.
Dated November 1, 1901. Interest payable
ae and November 1, 1901, at Brown Bros.
& Co., New York and Philadelphia.
Authorized—$22,000,000.
Outstanding—$15,148,000.
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Continental Trust Co., Baltimore.
Organization, Control and Earnings—-See Deb.
5s of 1922, above. :
Secured by a first lien on $11,638,000 out of
$12,000,000 preferred stock and $12,361,700 out
of $15,000,000 common stock of the Consolidated
Traction Co. of Pittsburgh. Under the agree--
ment with the Pittsburgh Rys. Co., terminable
by either party on three months’ notice, the
preferred stock is receiving dividends of 6% and’
the common stock 2% per annum. The Pitts
burgh Railways Co. has shown a deficit after the-
payment of these and other dividends which it
guarantees, ranging from $123,000 a year in.
1906-7 to $1,800,000 in 1911-12.
The Consolidated Traction Co. does not own
any railroad but owns the stocks of several.
companies and leases their properties. The
lines operated by the company include practically
all of those in Pittsburgh proper, except the lines-
on Second Avenue, and from Union Station
on Liberty Ave. and Smithfield St. to the South
Side. They extend from the business center into
the residential section on the East Side to
Wilkinsburgh, Braddock, Homestead, Duquesne
and McKeesport, and embrace more than 225.
miles of track. These bonds are further secured
by a second lien on the securities described under
the ist 5s above.
Prior Liens—$11,650,000 bonds of street
railway companies operated by the Consolidated
Traction Co.; $8,488,000 bonds of companies-
whose stocks are deposited under ist Coll. 5s.
and $6,012,000 1st & Coll. 5s.
Underlies—$9,805,000 Conv. Debs. and $18,-
000,000 bonds of the United Rys. Investment Co.,.
secured by the deposit of stock of Philadelphia Co.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—Cassatt & Co., Chas. H. Bean
Co., Chas. Fearon & Co., Benson & Packard
Mellor & Petry, Henry & West, H. F. Bachman
& Co.
Pittsburgh—H .P.:Taylor & Co.
New York—Newborg & Co., C. H. Hensel,.
H. P. Taylor & Co.
Chicago—Hulburd, Warren & Chandler.
Buffalo—H. P. Taylor & Co.
PHILADELPHIA ELECTRIC CO. 5% Tr. Ctfs.
Due April 1, 1948.—N. |
Tax exempt in Pennsylvania.
Dated April 1, 1898. Interest payable Apr..
and Oct. 1, at Trustee’s office, Philadelphia...
Authorized—$15,000,000. ' :
Outstanding—$11,268,060.
Purchased by Company—$2,000,000.
Denomination—Registered, $1,000 and $100..
Trustee—Land Title & Trust Co., Philadelphia.
Organization—See Coll, Tr. 4s of 1949 below..
Security—-These certificates are an obligation
of the Pennsylvania Mfg., Light & Power Co.,
whose $15,000,000 stock is held in trust to secure-
Registerable
659
‘the P. E. Co. 4s of 1949, and are secured by a first
‘lien on $9,941,700 capital stock of the Pennsyl-
vania Heat, Light & Power Co., $1,307,040 stock
of the Hamilton Electric Co. and $2,280,000 trust
certificates of the Hamilton Electric Co., $600,000
stock of the Powelton Electric Co., $250,000
-stock of the Diamond Electric Co., $250,000 stock
of the Manufacturers’ Electric Co., $400,000
eapital stock of the Suburban Electric Co. and
$200,000 stock of the Wissahickon Electric Light
‘0
Gross Earnings, 12/31/14...... $8,160,025
Operating Expenses, Taxes, Fixed
Charges and Depreciation.... 6,181,046
Listed on the Philadelphia Stock Exchange.
ee Market.
Philadelphia—Bioren & Co., C. C. Harrison,
Jr., & Co., Henry & West.
PHILADELPHIA ELECTRIC CO. Coll. Tr. 4%
Certificates. Due Oct. 1, 1949.—N.
Tax exempt in Pennsylvania.
Dated October 1, 1899. Interest payable Jan.
and July 1, at Land Title & Trust Co., Phila-
delphia. '
Authorized—$17,500,000.
Outstanding—$15,014,142.
In Treasury—$1,396,565.
Denomination—Coupon, $1,000. .
Trustee—Land Title & Trust Co., Philadelphia.
Organization—Incorporated in New Jersey in
October, :1899, for the purpose of consolidating
the electric light interests of Philadelphia.
Acquired the capital stock of the Pennsylvania
‘Manufacturing, Light & Power Co. and the
National Electric Co., and in 1910 acquired the
entire stock of the Delaware County Electric
Co. The company controls all the electric light
properties in Philadelphia and Chester. The
company has a ten-year contract to supply a
portion of the power to Philadelphia Rapid
Transit Co. and to the Penna. R. R. Co. for the
operation of suburban trains over lines which are
now being electrified.
Secured by deposit of $14,994,100 of $15,000,-
‘000 capital stock of the Pennsylvania Mfg., Lt.
& Power Co. and the entire $17,500,000 capital
stock of the National Electric Co., the remaining
unissued certificates to be used to acquire electric
Properties in the vicinity of Philadelphia.
Earnings—See 5s above.
Listed on the Philadelphia Stock Exchange.
. Market.
Philadelphia—Mellor & Petry, Newburger,
Henderson & Loeb, Henry & West, Bioren & Co.
PHILADELPHIA, HARRISBURG & PITTS-
BURGH RAILROAD CO. Ist 5s. Due Oct.
15, 1925.—F.
See Map 105.
Tax exempt in Pennsylvania.
Dated October 15, 1890. Interest payable
eee Oct. 15, at Reading Terminal, Phila-
elphia.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
Trustee—The Pennsylvania Company for
Insurances on Lives and Granting Annuities,
Philadelphia. ;
Guaranteed as to principal and interest by the
Philadelphia & Reading R. R. by endorsement
which guaranty was assumed by the Philadelphia
& Reading Ry. Co. ,
Organization and Control—Incorporated_ in
1890 in Pennsylvania. The Philadelphia, Har-
risburg & Pittsburgh R. R. was leased for 999
years, in 1890,to the Philadelphia & Reading
R. R. Co., which lease was assumed by the Phila-
delphia & Reading Ry. Co. Rental is 5% on
stock ($2,000,000), interest and taxes. The
entire capital stock is owned by the Reading
Company. (
Secured by a first mortgage on (4) 45 miles of
road from Harrisburg to Shippensburg, Pa.,
and spurs. A-large amount of soft coal from
Virginia and West Virginia is handled over this
line, which connects with the Western Maryland
Railroad at Shippensburg. The P, & R. Ry.
ships more soft coal than anthracite from its
Port Richmond yards. The importance of this
line has lately been increased by the contract
between the Bethlehem Steel Corporation and
the Davis Coal & Coke Co., which calls for
the furnishing to the steel company of a minimum
of 2,000 tons and a maximum of 6,000 tons of
coal per day for twenty years. All of this coal
will probably pass over this line as the P. & R.
Ry. is the only railroad into S. Bethlehem from
this direction.
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
N. H., N. J., R. I. and Wis.
Market.
Philadelphia—Chas. Fearon & Co., E. W.
Clark & Co., Montgomery, Clothier & Tyler,
Graham & Co., Henry & West, W. H: Newbold’s
Son & Co., Reed & Huntoon, Wistar & Stokes,
G. N. Fleming.
New York—Coffin & Co., John H. Davis & Co.
PHILADELPHIA, NEWTOWN & NEW YORK
RAILROAD CO. Ist 5s and 3s. Due Oct.
1, 1942.—F.
See Map 105.
Tax exempt in Pennsylvania. aoa
Dated October 1, 1892. Interest payable
April and Oct. 1, at Reading Terminal, Phila-
delphia. ke
Authorized—$1,600,000.
Outstanding—$1,092,000 5s; $507,000 3s,
$1,096,100 are owned by the Reading Co.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia.
. Guaranteed—The 3% bonds are guaranteed
by the Reading Company by endorsement in
consideration of the reduction in the rate of
interest.
Organization and Control—Incorporated in
Pennsylvania in 1873. $375,000 of the $400,000
preferred stock and $625,600 of the $1,225,000
common stock is owned by the Reading Co.
Secured by a first mortgage on (4) 22 miles
of road from Philadelphia (Third and Berks Sts.)
to Newtown, Pa., and from Tabor Jct. on the
P. & R. R. R: to Olney Jet. This line forms
part of the “Short Line’? between Philadelphia
and New York. These bonds are outstanding
at the rate of $72,700 per mile. The charge of
the 3% bonds upon the earnings of the company
is prior to that of the 5% bonds.
Deficit, 6/30/14........... 0.200 $29,101
Tr berest si visi s .8 syanhars aise ashe set 8 69,810
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—Reed & Huntoon, E. W. Clark
& Co., Brown Bros. & Co., Penington, Colket &
Co., S. K. Phillips, M. M. Freeman & Co., Mellor
& Petry, C. J. Bender & Co.
PHILADELPHIA RAPID TRANSIT CO. Coll.
Tr. 5s. Due Feb. 1, 1957.—F.
Dated December 15, 1908. - Interest payable
Feb. and Aug. 1, at Trustee’s office, Philadelphia.
Authorized—$5,000,000.
Outstanding—$4,890,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Pennsylvania Company for Insur-
ances on Lives and Granting Annuities, Phila-
delphia.
Redeemable as a whole at 105 and interest on
any interest date on six weeks’ notice, or for
sinking fund at same price.
Sinking Fund—Annually $34,300 plus interest
660
on bonds already retired from Feb. 1, 1912 to be
applied to the purchase or redemption of these
bonds at not over 105 and interest.
Organization—See S. F. 5s below.
Secured by pledge of the capital stocks of th
following companies: $392,950 of $750,000 West
Philadelphia Passenger Ry. Co., $186,418 of
$925,000 Union Passenger Ry. Co., $400,000
Catherine & Bainbridge Streets Ry. Co., $35,250
of $200,000 Philadelphia & Darby R. R. Co.,
$4,050 of $475,000 Philadelphia City Passenger
Ry. Co., $835 of $334,529 Thirteenth & Fifteenth
Streets Passenger Ry. Co., $1,427 of $310,157
Philadelphia & Gray’s Ferry Passenger Ry. Co.,
$295,000 of $600,000 Empire Passenger Ry. Co.,
$1,122,800 Twenty-second St. & Allegheny Ave.
Passenger Ry. Co., $1,000,000 Lehigh Ave. Ry.
Co., $60,000 Philadelphia, Cheltenham & Jenkin-
town Passenger Ry. Co., $14,700. of $299,381
Hestonville, Mantua & Fairmount Passenger
Ry. Co. common stock and $239,000 of $533,900
Hestonville, Mantua & Fairmount Passenger
Ry. Co. preferred stock; also $234,698 Catharine
& Bainbridge Streets Ry. Co. certificates of
indebtedness, and $2,221,696 Twenty-second St.
& Allegheny Ave. Passenger Ry. certificates of
indebtedness.
Some of the above securities are owned by the
Union Traction Co, and the Philadelphia Trac-
tion Co. and were borrowed as collateral for these
bonds, the Philadelphia Rapid Transit Co.
pledging to the two companies the entire capital
spnoks of the Market Street Elevated Passenger
y. Co.
Esrnings—See S. F. 5s below.
Listed on the Philadelphia Stock Exchange.
Original Market—$2,500,000 offered in 1908
by Drexel & Co., Philadelphia, at 101 and interest.
' Market... “
Philadelphia—Drexel & Co., Wurts, Dulles &
Co., S. K. Phillips, J. W. Sparks & Co., Chas.
Fearon & Co., Reed A. Morgan & Co., Brown
Bros. & Co., Mellor & Petry, Robt. Glendinning
& Co., E. W. Clark & Co., Robt. D. Ghriskey &
Co., Henry & West. :
New York—Pyne, Kendall & Hollister.
PHILADELPHIA RAPID TRANSIT CO. 50-
Year S.F.5s. Due March 1, 1962.—F.
Tax exempt in Pennsylvania.
Dated March 1, 1912. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$6,000,000.
Held in Treasury—$2,000,000.
Denomination—Coupon, $1,000.
as to principal. —
Trustee—Commercial Trust Co., Philadelphia.
Redeemable as a whole on March 1, 1917, or on
March 1 of any year thereafter at 105 and interest
or for sinking fund at same price.
Sinking Fund—Annually $35,000, plus an
amount equal to the interest on bonds retired by
this fund, beginning Jan. 15, 1917, for the pur-
chase and redemption of outstanding bonds at
not more than 105 and interest.
_ Organization—Incorporated in Pennsylvania
in 1902 and leased the properties of the Union
Traction Co. for 999 years at an annual rental
increasing from 3% to 6% ($1,800,000) at the
Present time on its $30,000,000 capital stock.
The pilapelpie Rapid Transit Co. controls
either through stock ownership or leasehold all
the surface, elevated and street railway lines in
the city of Philadelphia and about 40 miles of
track outside the city limits. The entire system
comprises about 649 miles of track. In March
1912 the company entered into a 10 year contract
with the Philadelphia Electric Co. for additional
Power. q
Secured by pledge of the company’s equity in
the Market Street Elevated Passenger Ry. Co.
and comprising the leasehold interest in the
latter company’s property and its entire $2,800.-
Registerable
661
’
000 capital stock and subject to its $10,000,000-
ist 4s due May 1, 1958, which are guaranteed
prinetpat and interest by the Philadelphia Rapid
ransit Co.
Franchises are perpetual but on or after June-
30, 1957, the city may purchase all the company’s:
leaseholds, franchises and property at the com-
pany’s actually paid-in capital of $30,000,000 and
the city has the right to sell or assign this option.
All franchises for further lines are to be first
offered to the Rapid Transit Co. The city has
the right to three members on the board of
directors and to share equally in all profits after
6% per annum has been paid on the stock. A
sinking fund, to be taken out of gross receipts will
amount to $30,000,000 at the end of 50 years
and enable the city to acquire the property. The-
present rate of fare cannot be changed without
the consent of both parties.
Net Earnings, 6/30/14 . $9,956,567
. 2,161,696
Interest...
sRental ies; cc sseiue eeactraiauntce Ross 7,484,635
Original Market—$2,000,000 offered in March, .
1912, by Drexel & Co., Philadelphia. .
arket.
Philadelphia—-E. W. Clark & Co., Drexel &,
Co., Henry & West.
PHILADELPHIA RAPID TRANSIT CO. Equip. -
58 Series ‘‘C.”” Due $81,000 semi-annually
Nov. 1 and May 1, to May 1, 1925, inclu-
sive.—F.
Tax free in Pennsylvania.
Dated May 1, 1918. Interest payable May-
and Nov. 1, at Trustee’s office.
Authorized—$1,944,000.
Outstanding—$1,620,000.
Balance Retired.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 10234 and interest on any
interest date on 60 days’ notice.
Secured by an equipment trust agreement on
500 Double Truck “Near Side” Closed Vestibule
Cars costing $2,453,025 of which amount the
company paid about $500,000 in cash.
Original Market—Offered in May 1913, by
Brown Bros. & Co., New York. Philadelphia and
Boston at prices to yield 5.09%.
Market.-
Philadelphia—Wistar & Stokes, Harper &
Turner, Reed A. Morgan & Co., Sullivan Bros. .
& Co., Henry & West, Brown Bros. & Co., Ben-
son & Packard, Robt. Glendinning & Co., C. D.
Barney & Co., Frazier & Co., Graham & Co.,.
Reed & Huntoon.
New York—Coggeshall & Hicks.
Registerable -
PHILADELPHIA SUBURBAN
Due July 1, 1919.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1899. | Interest payable Jan.
and July 1, at Trustee’s office.
Outstanding—$195,000.
Denomination—Coupon, $1,000. . 7
Trustee—Real Estate Trust Co., Philadelphia, -
a.
Control—Absorbed by the Philadelphia Subur-
ban Gas & Electric Co., which is controlled,
through ownership of all capital stock, by Ameri-
can Gas Co.
Underlies—$250,000 Phila. Sub. Gas 5s of
1931, and $2,770,000 Phila. Sub. Gas & El. Cos. -
5s of 1960.
Earnings—See P. ‘ G. & E. 5s below.
arket.
Philadelphia—Reed A. Morgan & Co., Bioren.
& Co., S. K. Phillips.
GAS CO. 5s.
PHILADELPHIA SUBURBAN GAS CO.
Due March 1, 1931.—F. |
Tax exempt in Pennsylvania.
5s..
“Dated March 1, 1901.
rand Sept. 1, at Trustee’s office..
-Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000.
‘Trustee—Real Estate Trust Co., Philadelphia.
Control—Absorbed by the Philadelphia Subur-
ban Gas& El. Co., which is controlled through
‘ownership of all stock by: the American Gas Co.
Underlies—$2,770,000 Phila. Sub. Gas & El. 5s.
Prior Liens—$195,000 Phila. Sub. Gas 5s, 1919.
‘Earnings—See P.S. G. & E. 5s below.
Market. —
Philadelphia—Reed A. Morgan & Co., Brown
Bros. & Co., Henry & West, Robt. D. Ghriskey
-& Co., Oscar R. Dare, S. K. Phillips.
PHILADELPHIA SUBURBAN GAS & ELEC-
TRIC CO. Ist & Ref. 5s. Due Feb. 1, 1960.
Tax free-in Pennsylvania.
Dated February 1, 1910 Interest payable
Feb. and Aug. 1, at Trustee’s office, Philadelphia.
‘Authorized—$10,000,000. :
Outstanding—$4, 127,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest Feb. 1, 1915,
or any interest date thereafter on 60 days’ notice.
Guaranteed as to principal and interest by the
American Gas Co. by endorsement.
Organization and Control—The company was
incorporated in Pennsylvania in January, 1910,
as a consolidation of a number of smaller com-
panies. Controlled by the American Gas Co.
through ownership of all outstanding capital
stock and operated by that company.
Secured by a mortgage on plants supplying
gas and electricity in the greater part of the
territory immediately adjacent to Philadelphia
and including the district south of the city to
the Delaware State Line and including Chester
Middleton, Ridley, Darby, Springfield, Tinicum,
Sharon Hill, Lansdowne, Clifton Heights, Aldan,
Ridley Park, Glenolden, Eddystone, Media,
Upland, Swarthmore, Morton, ete., in Delaware
County; Coatesville, Caln Valley and East
Fallowfield, in Chester County; Ambler, Potts-
town, Glenside, Jenkintown, Hatboro, Rock-
ledge, Abington, Cheltenham, Springfield, More-
land, Whitemarsh, Gwynedd, Lansdale, North
Wales, etc., in Montgomery County. Population
served, 150,000. Of the 40 franchises controlled
by the company all with one or two minor
exceptions are perpetual and exclusive as regards
gas.
Prior Liens—$3,107,000 bonds of constituent
companies which this issue provides to retire.
Net Earnings, 12/31/13. ... $512,493
Unterest iis iiss 2 ¢ vis wus 4 same 46 336,542
Original Market—Offered in 1910, by E. B.
Smith & Co., and Henry & West, Philadelphia at
9214 and interest. Offered in 1913 by Wistar &
Stokes, Bioren & Co. and Henry & West at 94 and
interest.
Market.
Philadelphia—Wistar & Stokes, Chas. D.
Barney & Co., S. K. Phillips, Reed A. Morgan &
Co., Henry & West, E. B. Smith & Co., Bioren &
Co., O. B. Lansinger & Co., Brown Bros. & Co.,
M. M. Freeman & Co., Mellor & Petry, Oscar’
R. Dare, Robt. D. Ghriskey & Co., Elkins,
Morris & Co., Frazier & Co., Goodall, Wester &
Co., Harper & Turner.
New York—Lawrence Barnum & Co.
PHILADELPHIA, WILMINGTON & BALTI-
MORE RAILROAD CO. Stock Tr. 4%
Certfs. Due July 1, 1921.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1881. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$10,000,000. a
Outstanding—$6,915,000.
Interest payable Mar. '
Balance Retired by Sinking Fand.
‘Denomination—Registered, $1,000.
Trustee—Pennsylvania Company for Insur-
ances on Lives and Granting Annuities, Phila-
delphia. ae .
Sinking Fund—One-half of 1% of the amount
outstanding to be applied semi-annually on
January: and July 1st, to the purchase of bonds
at not exceeding par. Bonds so purchased shall
be cancelled. If not purchasable at this price,
the fund reverts to the Pennsylvania R. R. Co.
Whenever and as often as Certificates to the
amount of $500,000 have been redeemed, the
Trustee may deliver to the Pennsylvania R. R.
Co. an equal amount of the stock held to secure
these Certificates. :
Secured by deposit hereunder of not less than
an equal amount of the capital stock of the
Phila., Baltimore & Washington R. R. Co.
(formerly Philadelphia, Wilmington & Baltimore
. R. Co.). Should the dividends, declared on
the stock held, be insufficient to meet either
interest, sinking fund or the principal at maturity,
the amount necessary to make up such deficit
shall be paid to the Trustee by the Pennsylvania
R. R. For details of property of P., B. & W.
R. R. Co. see that company’s 1st 4s above.
Market.
-Philadelphia—E. W. Clark & Co., C. C. Harri-
son, Jr., & Co., Chas. Fearon & Co., Brown Bros.
& Co., Henry & West, Mellor & Petry, Cassatt
& Rees Reed A. Morgan & Co., Barclay, Moore
& Co. an
New York—Bigelow & Co., Hartshorne &
eaielley F. H. Hatch & Co., Wood, Struthers &
PHILADELPHIA, WILMINGTON & BALTI-
MORE RAILROAD CO. 4s. Due 1917 to
1932.—F.
See Map 99.
Tax exempt in Pennsylvania and Maryland.
Date. Interest_Dates ae. Amount.
1887 A. &O.1 April1,1917 $1,000,000
1887 M.&N.1 Nov. 1, 1922 1,000,000
1891 J. &J. 1 Jan. 1, 1926 930,0'
1892 A. &O.1_ Oct. 1, 1932 1,000,000
Denomination—Registered, $1,000. _.
Organization, Control. and Earnings—See
Phila., Balto. & Wash. R. R. 1st 4s above.
. Secured equally with $16,070,000 P., B. & W.
R. R. 1st 4s on (8) 227 miles of road from Phila-.
delphia to Washington, and branches. These
bonds, and those equally secured herewith, are
outstanding at the rate of $88,100 per mile.
These bonds were not originally secured by 2
mortgage, but when the P., B. & W. R. R. Co.
executed its mortgage these bonds were equally
secured thereunder, as provided for in the in-
denture under which they were issued.
Refunding—Bonds are reserved under the
Philadelphia, Baltimore & Washington 1st 4s
to retire this issue. i C
Legal for Balto., Cal., Conn., Fla., Me., Mich.,
Minn., N. H., N. J., N. Y. and Wis. :
Listed on the Philadelphia Stock Exchange
(except those due 1926.)
Market.
New York—Penington, Colket & Co., Coffin &
O.
Philadelphia—E. W. Clark & Co., C. D.
Barney & Co., Mellor & Petry, Robt. Glendin-
ning & Co., Henry & West, Chas. Fearon & Co.,
Elkins, Morris & Co., Reed A. Morgan & Co.,
Graham & Co.
PHILIPPINE RAILWAY CO.
July 1, 1937.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Trustee’s office and London.
Authorized—$15,000,000.
Outstanding—$8,543,000.
Held in Treasury—$8,000..
Denomination—Coupon, $1,000.
Ist 4s. Due
Registerable
662
-as‘to principal or fully registerable. Registered
$1, 00°C. & R. interchangeable. a ;
‘Trusteé—Bankers’ Trust Co., New York.
'‘ Redeemable ’'as a whole at 110 and interest on
‘any interest date on three months’ notice.
, Sinking Fund—}4% of bonds outstanding
from July 1, 1911, to 1921, and 1% from July 1,
1921, to maturity, must be set apart for sinking
fund before dividends are paid on the stock, for
the purchase or redemption of bonds at not
over 110 and interest.
‘Guaranteed as to interest by the Government
-of the Philippine Islands. “
Organization—Incorporated in Connecticut in
1906 and was granted a perpetual franchise by
the Philippine Government in accordance with
‘an Act of Congress of the United States.
Secured by a first mortgage on 133 miles of
toad including 60 miles of road on the Island of
Cebu, extending from Danas to Carcas and 73
miles on Panay, extending from the city of
Iloilo to Capiz. This mileage is now in operation.
The concessions require the company to build
100 miles each on the Islands of Panay and
Negros and 95 miles on Cebu.
Net Earnings, 12/31/14.......... $126,419
interest; eb@x: scovcsossgesak esdee 342,040
Listed on the New York, London and Amster-
dam Stock Exchanges.
_ Original Market—Offered 1907, at 95 und
interest, by Wm. Salomon & Co., New York;
and $4,000,000, offered 1908, at 95 and interest,
by the same firm.
Market.
Boston—Walter S. Place.
New York—Wnm. Salomon & Co., J. H. Becker
& Co., Effingham Lawrence & Co., Samuel Gold-
schmidt, F. J. Lisman & Co., Slattery & Co.
PHILLIPS SHEET & TIN PLATE CO. Ist
._ §.F. 5s. Due Feb. 1, 1922.—F.
Tax exempt in Pennsylvania.
Dated February 1, 1912. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$673,000.
Cancelled by S. F.—$327,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Title & Trust Co., Pittsburg.
Redeemable as a whole at 10214 and interest
Feb. 1, 1917, or on any interest date thereafter.
. Sinking Fund—Not less than $100,000 annu-
ally, payable $25,000 quarterly, for the purchase
of these bonds at not over par and interest.
_ Organization—Incorporated in West Virginia
in 1905 and acquired by purchase, the plants,
comprising 30 mills, of the Jackson Iron & Tin
Plate Co. at Clarksburg and Weirton, W. Va.
The company manufactures tin and allied pro-
ducts. In 1912 purchased the Pope Tin Plate
Co. with plant at Steubenville, O., comprising 12
mills. Annual capacity of plants over 3,500,000
boxes of tin plate.
Secured by a first mortgage on the property
described above, except Steubenville plant.
Additional bonds may be issued to acquire prop-
erty of a value one and one-half times the face
value of bonds issued.
Original Market—Offered in Feb., 1912,
by the Bank of Pittsburgh, N. A., Pittsburgh,
Pa., at 97 14 and interest.
Registerable
PICTON COUNTY ELECTRIC CO. Ist Mige.
5s. Due May 6, 1943.—N.
Dated May 6, 1918. Interest payable May 1
and November 1 at Eastern Trust Co., Halifax,
N. S., and Bank of Nova Scotia, Boston.
Authorized—$500,000.
Outstanding—$420,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only. |
Trustee—Eastern Trust Co., Halifax, N.S.
Organization—Incorporated in 1902.
title adopted in 1909. |
Secured by a first mortgage on 10 miles of
street railway in and between Trenton, New
Glasgow, Stellarton and Westville, Nova Scotia,
and on plants supplying electricity in those
Present
towns.
Net Earnings, 12/31/13.......... $45,984
Interest...... 00 cece eens
aa eersene 16,508
Original Market—Offered in March, 1914, by
the Eastern Securities Co., Ltd., Montreal, etc.,
Canada, to yield more than 6%.
PIERCE OIL CORP. 6% Convert. Deb.
July 1, 1924, at 105.
Dated July 1, 1914.
and July 1.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal only.
Trustees—Albert H. Wiggin, Pres. Chase
National Bank, Charles H. Sabin, Vice-Pres.
Guaranty Trust Co., and Moritz Rosenthal of
Ladenburg, Thalmann & Co. .
Redeemable on July 1, 1917, on any interest
date thereafter at 105 and interest.
Convertible at any time into common stock,
par for par.
Sinking Fund—$200,000 per annum, com-
mencing July ‘1, 1916, to purchase bonds at not
exceeding 105 and interest. If not so purchas-
able bonds are to be called.
Organization—Incorporated in June, 1913,
and acquired property of Waters Pierce Oil Co.
Will also acquire property of Pierce Fordyce Oil
Association. The company has 129,000 acres
of oil land, principally under lease, five modern
refineries at Ft. Worth and Texas City, Tex.,
Tulsa, Okla., and Tampico and Vera Cruz,
Mexico, two tank steamers, floating equipment
and 800 tank cars. Distributes product in
17,270 cities and towns through 1,122 main dis-
tributing stations, centrally located or freehold
property or convenient leasehold.
Security—A direct obligation of the company,
but not secured by a mortgage. The company
covenants that it will not create any mortgage
on its real property, or without consent of Laden-
burg, Thalmann & Co. and Hayden, Stone & Co,
create any debentures ranking prior to or equal
with this issue, or any stock having preference
to the stock into which these debentures are
convertible. Pending the acquisition of some
of the property mentioned above, now owned by
the Pierce Fordyce Oil Association, 87}4% of
the certificates of that association are pledged
with the Trustees under the indenture secaring
these debentures.
Net Earnings (after extraordin-
ary deductions of $651,719, due
to adjustment of Mex. Exc.),
T2/ 18/18. 2650 «cscs 8 85 wots $2,300,293
Original Market—Offered in July, 1914, by
Ladenburg, Thalmann & Co. and Hayden, Stone
&
Co.
Market.
New York—Ladenburg, Thalmann & Co.,
Whittemore, Pell & Co., Rauscher & Childress,
Bigelow & Co., Henry Zuckerman.
PILLSBURY-WASHBURN FLOUR MILLS CO.
LTD. Coll. Tr. 5s. Due Aug. 8, 1928.
Dated Aug. 8, 1908. Interest payable Feb.
and Aug. 8, at First Trust & Savings Bank,
Chicago. :
Authorized—$3,000,000.
Outstanding—$2,810,650.
Retired by Sinking Fund—$189,350.
De cenmastlon-“Cpnpon, $50, $100, $500 and
1,000. :
: Trustee—First Trust & Savings Bank, Chicago.
Sinking Fund—$30,000 per annum from sur-
plus profits from $100,000 rental, after interest
on 1st Debenture 6s and this issue and any sur-
Due
Interest payable Jan. 1
663
plus realized on investments and accounts and
notes receivable; one-half of surplus net sums from
the sale of certain securities and property and
one-half of net sums recovered by the company
in any restitution proceedings.
Contingent Fund—$30,000 per annum.
Organization and Control—Incorporated in
Great Britain in 1889 and reorganized in 1908 and
property leased to the Pillsbury Flour Mills Co.,
an American company, and ceased to be.a trading
company. It’s sources of revenue are dividends
on stocks of water power companies, $100,000
annual rental and one-half of the profits of
the Pillsbury Flour Mills Co. over and above
$150,000 per annum.
secured by a second mortgage on the five mills
of the company located at Minneapolis, daily
capacity, 33,000 barrels of flour. Further secured
by a first lien on all of the stocks of two power
companies, one of which furnishes power to the
street railways in St. Paul and Minneapolis.
Prior Lien—$875,000 1st 6s.
Net Earnings, 8/31/14..... i Rites £96,194*
Interest on bonds, ete.......... oe ’
*Compares with $150,377 in 1912-18.
Original Market—Issued in 1909 to creditor
of former company ‘in part payment of their
claims.
u Market.
Chicago—Hulburd, Warren & Chandler,
Wollenberger & Co., Curtis & Sanger.
Minneapolis—W. E. Neiler & Co.
New York—F. H. Hatch & Co., Tobey &
Kirk, Eyer & Co., E. & C. Randolph, Jones &
Lanman.
St. Paul—White, Grubbs & Co.
PINE BLUFF & WESTERN RAILROAD CO.
1st 5s. Due Oct. 1, 1923.—F.
See Map 78. ’ .
Dated’ October 1, 1903. Interest payable
April and Oct. 1, at Bankers’ Trust Co., New
York, or at Trustee’s office.
Authorized—$1,200,000.
Outstanding—$880,000.
' Denomination—Coupon, $1,000.
as to ‘principal.
Trustee—Mercantile Trust Co., St. Louis.
Redeemable at 105 and interest on any interest
date upon six months’ notice.
Control—Absorbed by the St. Louis, Iron Mtn.
& Southern Ry., which is controlled by the
Missouri Pacific Ry.
Assumed by the St. Louis, Iron Mountain &
Southern Ry. Co. :
Secured by a first mortgage on (13) 44 miles of
road from Pine Bluff to Benton, Ark. These
Baads are outstanding at the rate of $20,000 per
mile.
Underlies—$24,400,000 St. Louis, Iron Mtn. &
Southern Ry. Ref. 6s of 1952 of which $22,000,000
are deposited as collateral for the Mo. Pac. Ry.
Co’s. notes due June 1,1914. Bonds are reserve
under that mortgage to retire this issue. :
Legal for Mo.
Market.
New York—Wnm. A. C. Ewen, Bigelow & Co.,
Tobey & Kirk.
Chicago—Eversz & Co., Lee, Higginson & Co.
A. L. Baker & Co.
New Orleans—lIsidore Newman & Son.
Registerable
PINE CREEK RAILWAY CO. Ist 6s. Due Dec.
1, 1932.—F.
See Map 81.
Dated Dec. 9, 1882. Interest payable June
and Dec. 1.
Authorized and Outstanding—$3,500,000.
Denomination—Registered, $1,000.
Trustee—Wm. K. Vanderbilt.
Control—Absorbed by the Geneva, Corning &
Southern R. R. Co., which is controlled through
stock ownership by and leased to the New York.
Central & Hudson River R. R. Co. Rental is
equivalent to interest, taxes, 4% per annum on
the pretenet stock and 314% on the common
stock.
o Agodeaed by the Geneva, Corning & Southern
: 0. ‘
Guaranteed as to principal and interest, jointly
and severally by the Philadelphia & Reading Ry.
Ce: es the New York Central & Hudson River:
. R. Co.
Secured by a first mortgage on (6) 76 miles:
of road from Stokesdale to Newberry Ject., Pa.
This road connects the lines of the Philadelphia
& Reading Ry. and the New York Central &
Hudson River R. R., forming part of a through.
route for freight between Philadelphia and points
in Central and Western New York. These bonds.
are outstanding at the rate of $46,000 per mile.
Refunding—Bonds are reserved under the
Geneva, Corning & Southern Refunding mort-
gage for the retirement of this issue.
Legal for Fla., Me., Mich., Minn. and N. H.
Listed on the New York Stock Exchange.
_ Market.
New York—Seasongood & Haas, Coffin & Co.,
J. H. Becker & Co. t ‘
_ Philadelphia—S. K. Philhps, E. W. Clark &
Co., Geo. S. Fox & Sons, Chas. Fearon & Co.,
Henry & West.
PIQUA & TROY BRANCH RAILROAD CO.
1st 4s. Due Nov. 1, 1939.—F.
See Map 38.
Dated .February 23, 1889. Interest payable-
May and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable-
as to principal. :
» Trustee—Union Savings Bank & Trust Co.,
Cincinnati, Ohio. ‘
Organization and Control—Incorporated in
Ohio in 1881. The entire capital stock is owned'
by the Cincinnati, Hamilton & Dayton Ry. Co.
and deposited under its lst & Ref. Mtge. .
Guaranteed principal and interest by the Cin-
cinnati, Hamilton & Dayton Ry. Co. i,
. Secured by a first mortgage on (3) nine miles of
road from Troy to Piqua, Ohio.
Legal for Me. and Mo..,
PITCAIRN & WILMERDING STREET RAIL-
WAY Ist 5s. Due July 1, 1931.—F.
Tax ee in Pennsylvania.
Dated July 1, 1901. Interest payable Jan..
and July 1, at Mellon National Bank, Pitts-
burgh, Pa. -
Authorized—$700,000.
Outstanding—$588,000. fs
Denomination—Coupon and Registered $1,000.
Trustee—Union Trust Co., Pittsburgh, Pa.
Control—Absorbed by the Monongahela Street
Ry., which is leased for 900 years from 1902 to:
the Consolidated Trac. Co. of Pittsburgh, 2
subsidiary of the Finledelphie ‘Company. The
lessee pays, as rental, all operating expenses,.
maintenance, taxes, and interest and an annually
increasing sum, which reached its maximum of
$315,300 in 1910. Franchises are perpetual. _
Secured by a first mortgage on about 18 miles
of electric railway from Watkins Ave. and State
Street (Wilmerding, on State Street to road to
Pitcairn to western_boundry of. Pitcairn and
across Pitcairn on Broadway, with branch to
Furth Creek.)
Mark
et.
New York—Lawrence Barnum & Co., H. P.
Taylor & Co. tee
Philadelphia—Henry & Wust, R. Glendinning
Co., Oscar R. Dare,'Frazier & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
664
‘CO. Ist 5s. - Due Dee. 1, 1949.—F.
’ Dated’ ‘Dec. 1,.1899. ‘Interest payable June
and Dee. 1, at Home Trust Co., Pittsburgh, Pa.
Authorized—$1,500,000. f
Outstanding—$1,400,000. 9
Denomination—Coupon, $1,000. |
pat stee—Maryland Trust Co., Baltimore, Md.
edeemable at any time.
“‘Organization—Incorporated in Pennsylvania
in 1898 and in 1903 absorbed all the independent
telep’ hone companies in Allegheny County. "
‘Receivership—Receivers were’ appointed in
1911 on application of minority stockholders.
‘The receivership was dissolved early in 1915. |
Secured by a first mortgage on an independent
telephone system in Pittsburgh, Pa., and vicinity,
‘comprising 23 exchanges, 400 miles of line, and
5,500 miles of wire, and serving a population of
‘700,000. ‘Franchises perpetual. “A
, Listed’ on the Pittsburgh Stock Exchange.
Net Earnings, 12/31/14 .,....... $185,108
AMPERES tosis dustin aed wake ne 70,000
. Market.
Baltimore—J. H. Fisher & Son.
, New York—Chas. H. Jones & Co., H. P. Taylor
& Co., Eastman, Dillon & Co. E
Pittsburgh—H. P. Taylor & Co. x
, Buffalo—H. P. Taylor & Co.
PITTSBURGH & BIRMINGHAM TRACTION
Co. Ist 5s. Due Nov. 1, 1929.—F.
Tax exempt in Pennsylvania. 2
Dated, Nov. 1, 1889. Interest payable ‘May
and Nov. 1, at Company’s office, Pittsburgh, Pa.
Authorized and Oatstanding—$1,500,000,
Denomination—Coupon, $1,000." Registerable
as to principal.’ ‘ : ba tho a
‘ Trustee—Fidelity Trust Co., Philadelphia.
Guaranteed as to interest, by terms of lease to
The United Traction Co. of Pittsburgh. This
company is operated by the Pittsburgh Rys. Co.,
a subsidiary of the Philadelphia Company, under
‘an agreement whereby dividends of 5% per
annum are payable on the preferred stock of
the United Traction Co. In December, 1914,
the. Pittsburgh Rys. Co. gaye notice that the
uéxt dividend would be paid in script, and when
the preferred stockholders of the United Traction
Co. refused to accept this payment, the Pitts-
burgh’ Rys. Co. served notice that the operating
agreement would be, terminated. The Pitts-
burgh Rys. Co. owns all of the common stock
of the United Traction Co., and 4 new agreement
will probably be entered into between the two
‘companies. :
Organization and Control—lIncorporated in
Pennsylvania in 1889, to construct. and operate
“motors and cables or other machinery for sup-
plying motive power to passenger railways, and
the ‘necessary apparatus for supplying the same,
and leasing and operating passenger railways, and
purehasing ‘shares of stock-or. bonds of any
corporation whose works, railways, motors or
other property is leased, operated or constructed
by it.”’ The company leases the property of the
Pittsburgh & Birmingham Passenger Railway
Co., but it does not appear that, the Traction Co.
owns any property other than power houses.
The road of the Pittsburgh & Birmingham
Passenger Railway Co., which is leased for 999
years at a rental of $12,000 per annum, extends
from the Union Station on ‘Liberty Ave. to Smith-
field Street, and ‘over the Smithfield, Street
Bridge to. Carson Street to 84th St., near the
eastern line of the city of Pittsburgh, in what was
formerly the Borough of Ormsby. The company
algo leastés two incline planes on the South Side of
Pittsburgh, and owns all of the stock and operates
the road of the Brownsville St. Ry. Co. from
Brownsville Ave. and Carson St. on Browns-
ville Ave. and Arlington Ave. to Howard St. from
Brownsville Ave. on Warrington Ave. to a
connection with the West Liberty St. Ry. and
PITTSBURGH & ALLEGHENY TELEPHONE
665
other lines; and also owns all of the stock and
operates the road of the. West Liberty St. Ry
Co. which, extends ‘from a. junction with the
Brownsville St.'Ry. Co. on Warrington Ave. near
Gurtin Ave. vid. West Liberty’Ave. to near Mt.
Lebanon’ Cemetery, where connection is made
with the Pittsburgh & Charlerai St."Ry. for,
Charleroi. These various lines include many of
the most important on the South Side of Pitts-
burgh, in¢luding the 16th, 17th and‘18th Wards,
as well as the line on Smithfield St‘, one of the
principal business streets of Pittsburgh. Fran-
chises are perpetual. Leased for 999 years from’
Jan. 1,'1902; to the United Traction Co. of Pitts-
burgh. Rental, $150,000 annually, and all
expenses, taxes and interest. The lease is
guaranteed by the Philadelphia Co. .
Listed on the Pittsburgh Stack Exchange. |
Pog saat | Market. ’ d
Pittsburgh—-Safe Deposit & Trust Co., H. P.
Taylor & Co., Donner, Child & Woods. .
. Philadelphia—Henry & West, Barclay, Moore
& Co., R. Glendinning & Co., Oscar R. Dare. -
‘ New York—H. P. Taylor & Co. °
Buffalo—H. P. Taylor & Co.
PITTSBURGH & CHARLEROI STREET RAIL-
WAY CO. Ist 5s. Due May 1, 1932.—F.
Tax exempt in Pennsylvania. ;
Dated May 1, 1902. Interest payable May
and Nov..1, at Trustee’s office.
Authorized—$2,500,000.
Outstanding—$2,445,000.
Denomination—Coupon, $1,000. ,
as to.principal. : :
Trustee—Union Trust Co., Pittsburgh. —
Guaranteed as to principal and interest bythe
United Traction Co. of Pittsburgh and by the
Philadelphia Co. : a7
Organization and Control—Incorporated in
Pennsylvania in 1901. Leased to the United
Traction Co. for 900 years from May, 1902.
Rental, $1,000 per annum. The entire capital
stock, $2,500,000, is owned by the Philadelphia
Co. For termination of operating agreement
between United Traction Co. and’ Pittsburgh
Rys. Co,, see Pittsburgh & Birmingham Traction
5s above, under “Organization.” ;
Secured by a first mortgage on a large part
and a second mortgage on the remainder of the
interurban railway from a junction of the Mt.
Washington Street Railway and the West
Liberty Street Railway, near Mt., Lebanon
Cemetery, south of the southern ‘city line of
ittsburgh, through Monongahela City and
harleroi, and .along the west. bank of the
Monongahela River, to Atoupart, 42 miles.
Built largely on private right-of-way, with per-
petual franchises elsewhere. | : :
Prior Liens—$55,000 Charleroi .& West Side
Ry. Co. 1st 5s of 1929. . , :
Original Market—Offered in May, 1902, at
105 and interest by the Mellon’ National Bank
and the Union Trust Co., both of Pittsburgh.
Market. :
Philadelphia—S. K. Phillips, E. B. Smith &
Co., E. W. Clark & Co., E. V. Kane & Co.,
Parrish & Co., J. Paul Lloyd, C. D. Barney & Co.,
Elkins, Morris & Co., Reed & Huiitoon, M. M.
Freeman & Co., Henry & West, Geo. S. Fox &
Sons, Robt. D. Ghriskey & Co., Oscar R. Dare,
Chas. Fearon’ & Co., Barclay, Moore & Co., R.
Glendinning & Co. |
Pittsburgh—H. P. Taylor & Co. |
New York—H. P. Taylor & Co. ,
Buffalo—H. P. Taylor & Co.
PITTSBURGH & LAKE ERIE RAILROAD co.
Registerable
1st 6s. Due Jan. 1, 1928.—N.
See Map 83. ¥ ‘
Tax exempt in Pennsylvania.” .
Dated Jan. 1, 1878. Interest payable Jan.
and July 1, at Treasurer’s office, Pittsburgh, Pa.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. '
Trustee—Safe Deposit Co., Pittsburgh.
Organization and spn ae in
Pennsylvania in, 1875. $14,994,250 of the
$29,988, 000 stock is owned by the ‘Lake Shore &
Michigan Southern R. R. Co., which is controlled
by the New You Central & Hudson River R. R.
Co. The P. & L. E. R. R. owns 7 miles of road
as described below, and operates under lease or
trackage agreements 145 miles additional, from
Pittsburgh to Connellsville and Brownsville, Pa.
and branches. Gross quan of the road
operated exceed $81,000 per mile, probably
greater than those of any other road in the
country.
Secured by a first mortgage on (11) 71 miles of
road, of which 68 miles is double-tracked, and 46
miles has four Gocks. from Pittsburgh, Pa., to
Haselton, Ohio, 234 miles.from Youngstown, and
branch to New Castle, Pa. The company has
trackage rights into Youngstown.
affords the New York Central System its only
entrance into Pittsburgh, and the great coal
and iron region. in its vicinity. It connects at
Youngstown with other ines of the system
joining the L. S. & M.S. R. R. at Ashtabula.
hrough service is also operated between Pitts-.
burgh and Cleveland, via. the Erie R. R. from
Youngstown. ‘These bonds are outstanding at
the rate of. $27,300 per mile.
Underlies—$2,000,000 2nd 5s sok 1928.
Gross Earnings, 12/31/14. . $15, peLase
Net Income...............05 658,595
. Interest, etc.......6. 0... 0005 1, "575, 176
Legal for Balto., Gai:, Conn., Fla., Me., Mich.,
Minn., Mo., N. H., N. J., N. ¥., R. I. & Wis
Market. h
New York—Hartshorne & Picabia, H. P..
Taylor & Co.
Pittsburgh_—H. P . Taylor & Co.
Buffalo—H, P. Taylor & Co.
PITTSBURGH & LAKE ERIE RAILROAD CO.
2d 5s. Due Jan. 1, 1928.—F.
See Map 83.
Tax exempt in Pennsylvania.
Dated foul 1, 1889. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized and Outstanding “$2, 000,000.
Denomination—Coupon, $1,000
‘Trustee—New York Trust Co., New ‘York.
Organization, Control and Earnings—See 1st
6s above.
Secured’ by a second mortgage on (11) 71
miles of road from Pittsburgh, Pa., to Haselton,.
O., subject to a prior lien at the Tate of ae 300
per mile. (For details see 1st 6s 1928 a bove).
These bonds are outstanding at the rate of
$27,300 per mile.
Prior piensa 000,000 Pittsburgh & Lake
Erie 1st 5s of 1928
Legal for N. H. and R. I.
: Listed on the New York and Pittsburgh Stock
Exchanges.
Market.
New York—McGeorge & Vanderhoef, Red-
mond & Co., J. H. Becker & Co.
Philadelphia—Cassatt & Co.
Pittsburgh—H. P. Taylor & Co-
PITTSBURGH & SHAWMUT RAILROAD CO.
ist S. F. 5s. Due Dec. 1, 1959.—.
See Map 15.
Tax exempt in Pennsylvania.
Dated December 1, 1909. Interest payable
June and Dec. 1, at International Bank. Corp.,
New York.
Authorized—$12,000,000.
Outstanding— $4,000,000.
Pledged as collateral for Notes—$6,500,000.
Boxem|na ion Coupons $1,000. Registerable
as to principal. reece rece $1,000. Coupon
and Registered interchangeable.
Trustee—Central Trust Co., New York.
This line.
. Redeemable as a whole at 105 and interest on.
any interest date on 60 days’ notice.
Sinking Fund—Beginning Dec. 1, 1914,
$100,000 per annum for the purchase of bonds
at not exceeding 105 and interest. Bonds so
purchased to be cancelled.
Organization , and Control—Incorporated in
Pennsylvania in July, 1903. Leased to Pitts-
burgh, Shawmut & Northern R. R. Co. and
operated by, the receiver of that company.
Rental is net earnings.
Secured by'a first mortgage on (7) 90 miles of
toad from Brockwayville to.a point on the
Allegheny River opposite Kittanning, Pa. and
branches. ‘The line-is under construction to a
connection with the Bessemer & Lake Erie R. R.
at Freeport, Pa., 17 miles from the present,
terminus.’ Connection is made at Brockway-
ville with, the- ‘Pittsburgh, Shawmut & Northerr
R.R. | Further secured by a first lien on $11,953,"
000 of the. $14,491,600 P., S. & N. R..R. Ist
4s, which are secured by a direct mortgage on
160 miles of road from Wayland, N. Y., to near
Brockwayville, Pa., and branches, a collateral
mortgage on the 12 mile branch te Cardiff, Pa.,
and on some 20,000 acres of coal lands, subject
tothe lien of $164, 000 bonds and about $3,000,000.
receivers’ certificates, The interest on “these
bonds has been in default since 1905. The P.
& S. 1st 5s are also secured by a first lien on
$3, 600,000 stock of the Allegheny River Mining
“Net sta (P. S. & N.)
GC /SO/ 04 sos size ers segaces i gt acoraea ss $590,793
Rentals; voxse ¢ cranes diame _ 854,272 |
Interest.o. 3.4.3 6 iaees's e sees 169,426
Miscellaneous. . 54,119
Original Market—$3, 000, 000 offered in March,
1910, by Hallgarten & Co., New York, at 9414
and interest. bine
New ork —Waascher & Childress.
PITTSBURGH & SHAWMUT RAILROAD CO.
ie po Coll. Tr. 6% Notes. Due May 1,
19
Tax exempt in Pennsylvania.
Dated May 1, 1914. Interest’ payable May
1 and Nov. 1, at Guaranty Trust Co., New York.
‘Authorized and Outstanding—$4, 500, 000.
Denomination—Coupon, $1,000. Registered,
$1,000 and multiples thereof.
Trustee—Guaranty Trust Co., New York.
Redeemable at 102 1% and interest.
Organization, Property, etc.—See ist 5s, page
noe by a first lien on $4,500,000 P. & S.
. R. Co. 1st 5s (for details see above), $3,000,-
tio 1st Mtge. 5s of the Allegheny River Mining
Co., which owns either in fee or the coal rights
on 23,000 acres of bituminous coal land along
the lines of the railroad, with developed mines
having an output of 6, 500 tons per day, and
other securities having a "market value of $2,500,-
000, which market’ value will be maintained at
that figure at least, including aC 364,000 high
grade bonds, 4,000 shares of B. & . Re R. com-
mon stock, 1, 500 Kings County Biers Light
& Power common stock, 1,200 shares of the pre-
ferred and 1,000 shares *of’ common stock of the
American Light & Traction Co., 800 shares
American Cotton Oil preferred stock, 500 shares
of Lackawanna R. R. of N. J. guaranteed stock,
200 shares of Morris & Essex R. R. 7.% stock
and 400 shares of Realty Associates.
Original Market—$4,500,000 offered in ays
1914, by Guaranty Trust Co., Rhoades & Co.,
and Kissel, Kinnicutt & Co. of New York, and
Drexel & Co., Philadelphia, at par and interest.
RITTS BURGH & SHAWMUT RAILROAD
Equip. 5s. Due $10,000 each May 1
ad November 1 to November 1, 1922.—F.
Tax exempt in Pennsylvania.
666
Dated November 1, 1912. Interest -payable
May and November 1 at office of ers gic
Authorized—$200,000.
Outstanding — $150, 000.
Balance Retired. .
‘Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Secured by an equipment trust agreement on
250 steel hopper-bottom coal cars, costing
$250,250 of which $50,250 was paid in cash.
Market.
New York—Coggeshall & Hicks.
PITTSBURGH & SHAWMUT RAILROAD CO.
Equip. 5s. Due $23,000 each May and
November 1, to November 1, 1923.—F.
Tax exempt in Pennsylvania.
Dated November 1, 1918. Interest payable
May 1, and November 1, at Trustee’s office.
Authorized—$460,000.
- Outstanding —$391,000.
Balance. Retired.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
‘Secured by an equipment trust agreement
on 500 steel hopper-bottom coal cars, costing
$578,200 of which $118, ee was paid in cash.
Market. __.
New York—Coggeshall. & Hicks.
PITTSBURGH & WEST END PASSENGER.
RAILWAY 1st 5s. Due July 1, 1922.—P.
Tax exempt in Pennsylvania...
Dated July -1, 1892. Interest payable Jan.
and July 1, at Colonial Trust Co., Eivaleeh Pa.
Authorized—$500,000.
Outstanding—$343,000..
‘Denomination—Coupon, $1, 000.
as. to principal.
Trustee—Fidelity Title & Trust ‘Co., Pitts-
burgh, Pa.
Control—A bsorbed by Pittsburgh Rys. ‘Co.
which: is the operating co! pany for the street
railway. lines of the Philadelphia Company and
is controlled by the latter company : through
ownership of its entire capital stock.
Secured. by .a first mortgage on the street
tailway on Fith Ave., from Market St. to Penn
Ave., to the Point Bridge over the Monongahela
River ‘to Carson Street on the South Side.. On
Carson St..from Smithfield St. to the City Line
at Marlow St.
Also in Pittsburgh proper ‘on Liberty Ave.
Registerable
from Fifth Ave. to Fancourt St. to Penn Ave.:
and on the South Side on Steuben Ave. from.
Carson St. to'a connection with the Pittsburgh,
Crafton & Mansfield Railway at Chartiers
Ave.; on S. Main Street from Carson St. to
Wabash Ave. to a connection with the West
End, Mt: Washington & Banksville St. Ry. at
Woodstock Ave., in the 20th Ward, and from
Woodstock Ave. on McCartney St. and the
Noblestown Road to a connection with the Pitts-
burgh, Crafton & Mansfield St. Ry. at City Line.
This road gives the Pittsburgh Rys. Co. access
to the southwestern part of Pittsburgh and
the territory adjacent thereto including the
boroughs of McKees Rocks and Carnegie.
‘Underlies—$4,852,000 _West End Trac. Co.
and. ‘Southern Trac. Co. 5s and $10,000,000
Pgh. Rys. debentures, all owned by the Phila-.
delphia Co.
. Listed on the Pittsburgh Stock Exchange.
Market.
Pittsburgh—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor &.Co.
PITTSBURGH & WESTERN RAILWAY CO.
1st Cons. 4s. Due July 1, 1917.—F.
See Map 7.
Tax exem) a a Pennsylvania.
Dated J 1, 1887. Interest payable Jan.
and July 1, x J. P. Morgan & Co., New York.
- Authorised — $10, 000,0'
ssued—$9,700,000 ‘Closed mortgage).
eposited under B. & O., P., L. & W. Va
Ref. 4s—$9,050,000.
Gututanding. $660,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Control—Absorbed by the Pittsburgh & West-
ern R. R. Co., incorporated in Fennsyirenie in
1902. All of the stock of the P. & W. R. R.
Co. is owned by the B. & O. R. R. Co.
Secured | by a first mortgage on (8) 181 miles of :
road, from Rock Point to Newcastle, Pa., and
from Callery Jct. to Mt. Jewett, Pa., and other
branches; a second maneleete on (9) 30 miles from
Etna to Zelienople, Pa., su ubject to a prior lien at
the rate’ of $7,000 pér mile. The road covered
by. this mortgage affords the B. & O. R. R. an
entrance ‘into the coal regions of northwestern
Pennsylvania, and ‘also forms a part of the B.
O. R. R.’s through line between Pittsburgh and
points east and Chicago and Cleveland. 62
miles are double-tracked. These bonds are out-
standing at the rate of $46,100 per mile. '
Prior Lien—$219,000 0 Newcastle & L. E.
1st 4s of 1917, of which $1. 136.9 or are deposited
under the B. & 0.-P., L. E. & W. Va. System
Ref. Mortgag
Underlies— $3, 500,000 Pitts. & Wn. 2d 58 of
1941, all of which are deposited under the B. &
O. R. R.-Pitts., L. E. & W. Va. 4% Mtge.
Refunding—Bonds are reserved under the
Baltimore & Ohio-Pitts,, L. E. & W. Va. Ref..
Mortgage to acquire the outstanding bonds of
this issue.
Legal for Balt. and Me.
Listed on the New York and Pittsburgh Stock
Exchanges. —
arket. -
New York—Blodgst vs Co., Wm. C. Wilson &
Coie, Wm. A. C. Ewen, Penington, Colket & Co.
H. P. Taylor & Co.
Phitadelphia—E. W. Clark & Co., Penington, |
Colket & Co., Henry & West, Cassatt & Co.,
Reed A. Morgan &
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
Pr CO. let Es & WESTMORELAND COAL
‘O. Ist 5s. Due Nov. 1, 1925.—F.
Tax free in Beane ene
Dated Nov. 1905. Interest payable May
and Nov. 1, at aeustoe '3 office.
Authorized—$2, 500, pee:
Outstanding—$1, 057,
Retired by Sinking Hund—$943,0
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable as a whole at 105 and interest or
in part for sinking fund at par and interest.
Sinking Fund—10 cents per ton of run-of-mine
coal and a minimum payment of $100, 000 per
annum payable in monthly installments for the
purchase or redemption of these bonds at not’
over par and interest.
Assumed by the Pittsburgh-Westmoreland
Coal Co.
Control—Absorbed in 1907 by the Pittsburgh-
Westmoreland Coal Co.
Secured by a first_mortgage on about 5,320
acres of coal lands in Westmoreland County, Pa.
estimated in 1905 to contain 42,182,100 tons of
coal. Properties are located on the main line.
and a branch of a Monongahela Div. of the
Pennsylvania R
Underlies—$4, 500, 000 Pittsburgh-Westmore-
land Coal Co. 1st S. F, 5s of 1947 which provide to
retire this issue.
Original Market—$2,' 000, 000 offered 1906, at.
97 and interest, by Henry & & West, Philadelphia.
Philadelphia—Henry & vest, s. K. Phillips,
Rezisterable
667
Townsend Whelen & Co., Robt. Dp. Ghriskey_ &
Co., Oscar R. Dare.
ir York—J. H.’ Becker & Co:; w. FP. Taylor
&
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
PITTSBURGH, ALLEGHENY & MANCHES-—
TER RAILWAY Ist 5s, : Due’ met 1, 1930.
*'Tax exempt ue Pennsylvania.,
Dated pee 1 1890. Interest payable April
and Oct. 1,
burgh.
Authorized and Outstanding—$1, 500,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Title ° & Trust Co., Pitts-
burgh, Pa.
Control——Controlled by .United Trac. Co. of
Pittsburgh. Through ownership of the entire
capital stock and 950-year lease of property.
All of the common stock of the United Traction
Co. of Pittsburgh is owned ‘by the Pittsburgh Rys.
Co., and the. property is operated under an
agreement by. the, Pittsburgh Rys. Co., terminable
on three months’ notice by either party, under
which the Pittsburgh Railways Co. pays oper-
ating expenses, maintenance, taxes, interest and
one per cent. on the common stock and five
per cent, on, the. referred stock annually. In,
ecember, 1914,.t e Pittsburgh Rys. Co. gave,
notice that the next dividend on‘ the preferred
stock would-be paid in scrip. No dividend
has been paid-on common for some years. Upon
the refusal of the holders of the preferred stock
to accept payment in script, the Pittsburgh Rys.
Co. notified the United Traction . Co. that it
would terminate the operating agreement.
Secured by a first mortgage on about 19 miles
of street railway in Pittsburgh, mostly in what
was formerly Allegheny... The line extends from
Penn Ave. in Pittsburgh proper on Federal St..
over the Allegheny River to Ohio Ave., to Wes-|
tern Ave., to Allegheny Ave.; to Pennsylvania
Ave., to Beaver Ave., to Island Ave., to Preble
Ave., to Lecky Ave., to Brighton Road in the
27th Ward of Pittsburgh.° Also'on Reliance St.,
from Federal St. to Scotland St., to South Ave.;
South Ave., from Federal St. to “Allegheny. Ave.,
to Western Ave., Cremo.St., from South Ave. to’
Reedsdale St., to Beaver. Ave., to: Pennsylvania
Ave., ‘Allegheny Ave., from Pennsylvania Ave.
to Franklin: Ave., to Fulton St., to. Columbus St.,
to Beaver Ave., and several ‘small branches.
Practically all of this road is:lgcated in the 21st
and 22nd Wards, on the north side of Pittsburgh.
Franchise is perpetual.
‘Underlies—$4,804,000 United Trac. of Pitts-
burgh 5s.
Listed .on the Bipot Stock Exchange.
arket. ,
Philadelphia—sS. K. FHipe, Ee ee & West,
R. Glendinning & Co., G Sons.
Pittsburgh—H. P. Taylor “ a og eenen
Child & Woods.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
PITTSBURGH, BESSEMER & LAKE ERIE
RAILROAD Deb. 5s. Due June 1, 1919.
Tax exempt in Pennsylvania.
Dated June 1, 1899. Interest payable June
and Dec. 1, at Union Trust Co., Pittsburgh, Pa.
Authorized and Outstanding—-$2,000 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh, ‘Pa,
Redeemable at any time at par ‘plus 144% for
each year or fraction. thereof, ‘which iG onds
-have to Tun.
Guaranteed as to interest by iease to Besse-
mer & Lake Erie R. R
, at Fidelity Title, é & Trust Co., Pitts- ;
‘Organization and Control and other details—
See Consol. 1st 5s. below.
Security—A direct obligation of the company
but not secured by a mortgage.
Listed on the Pittsburgh Stock Exchange. !:.:
Original Market—Offered' to stockholders: at
par and interest, up to 15% of stock held. ins
'- Market...
Pittsburgh Speer B Bron. ., HH. = Taylor & ‘Co.
Philadelphia—E. W Cl ark & Co., Graham
& Co.
New York—Didrichsen & Co., H. P. Taylor
-Buffalo—H. P. Taylor & Co. -.
(THE) PITTSBURGH BESSEMER & LAKE
ERIE RAILROAD CO. Cons. Ist 5s. Due
Jan. 1, 1947.—F.
See Map 14.
Tax exempt in Pennsylvania.
Dated January 1, 1897. Interest payable
Jan. and July 1, at Trustee's office, New York.
Authorized—$10,000,000.
Outstanding—$6,409,000. .
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United States Trust Co., New York.
Organization and Control—Incorporated in
Pennsylvania and Ohio in 1896. Leased ‘for 999
years to the Bessemer & Lake Erie R. R. Co.
The entire capital stock of that company is owned '
by the .Carnegieé. Steel: Co., a subsidiary: of the
United States Steel Corporation. -
Guaranteed as to interest under terms of the
lene, ‘by the Bessemer & Lake Erie: R. R. Co.
The fulfilment of the terms of this lease are
guaranteed by the Carnegie. Steel Co.
Secured by a-first mortgage on (7) 61 miles of
road from Bessemer to Butler, Pa., and branches,
a-second, mortgage on (8) 18 ‘miles of road from
Cranesville, Pa., to Conneaut, subject to a prior
lien of. $4,700 per mile and a third mortgage on
(9):122 miles'of road from Butler to: Wallace Jct.,
and branch to Hilliards, Pa., subject to prior liens
at the rate of $29,000 per mile. The: entire
road from Conneaut to North Bessemer is double-
tracked, and furnishes: transportation facilities
for the ore from the Lake Superior mining
regions to. the plants. of the United States Steel.
Corporation in the vicinity of Pittsburgh. These
bonds are oubatyndine on the 200 miles.on which
they are secured at the rate of $32,100 per mile.
‘Prior Liens—$3,591,000 Pittsburgh, Shenango
& Lake Erie Ist 5s of 1940 and Cons. Ist 5s of
1943. Bonds are reserved under this mortgage
for the retirement of these prior liens.
Underlies—$2,000,000 Deb. 5s of 1919.
Gross Earnings, B. & L. E. R. R.
ae
CM PINAR ay os cams an ae eR $8,488,073 ~
“Net Earnings. . 2,505,669*
Rentals. ....... : ‘i 1,178,591.
Interest, Cb osees bcraietsn te 262,667:
*Compares with $4,280,844 in 1912- 13 and
30 ‘annual average for ten years of about $2,750,-
00.
Legal for Maine.
Listed on the Pittsburgh Stock Exchange.
Market.
ae York+-Blodget & Co., Didrichsen & Co. i
H. N. Whitney & Sons,.McGeorge & Vanderhoef,
Coffin & Co., Bigelow & Co., A. M. Kidder & Co.,
H. Duncan Bulkley, F. H. Hatch & Co., Moore,
Leonard & Lewis, C. 'H. Hensel, H. P-: Taylor &
Co., Harris, Winthrop & Co.
Philadelphia—E. B. Smith & Co., Henry &
West, Welsh Bros., E. W. Clark & Co., Mellor,
& Petry, Reed A Morgan:& Co., Frazier & Co. eg
Graham & Co., C. J. Bender & Co.
Pittsburgh—H. P. Taylor ‘& Co.
Buffalo—H. P. Taylor & Co. .
PITTSBURGH BREWING co.
‘Feb. 4, 1949.—F.
Dated Feb. 4, 1899. .
1st 6s. Due
" Interest payable Jan.
668
and July 1, at Fidelity Title,& Trust DoieFitte :
burgh, Pa.
Authorized—$6,500,, won
Outstanding—$5, 361, 000
Retired by Sinking Fund $650, 000.
Held in Treasury—$181,
. Held in Sinking unt $302. 000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Title & Trust Co.,: Pitts-
burgh, Pa.
Sinking ‘Fund—$25, 000 semi-annually Jan. sna
July 1, to redeem bonds. In 1912 ali bonds in
sinking fund were cancelled, and all bonds here-
after acquired are to be cancelled, but the interest
on them is still to be paid.into the sinking fund...
Organization—Incorporated in Pennsylvania
in 1899, as a consolidation.
Secured: by a first mortgage on. a large number
of breweries located in Pittsburgh and vicinity,
with a capacity of 1,500,000 barrels of beer per
annum.
Net Earnings, 10/24/14....... $1,432. 7543
TRtere pte eo 4 sisciane yee avsannye # (340,140
Dividends and depreciation.. 1,130,899
Listed on the eee Stock Exchange.
‘ farket.
New York—Moore, Leonard & Lewis, C. Hq.
Hensel, H. Bl EP & Co.:
Pittsburgh—H. P Taylor & Co., Ballard &
MeCounells Steer Bros. Co,,. Donner, Child &
oods
Buffalo—H.. P. Taylor, & Co.
PITTSBURGH-BUFFALO co. lst Ss. F. ‘5s.
Due Aug. 2, 1929.—F.
Tax exempt in Pennsylvania.
Dated Aug. 2,:1909. Interest payable ‘Feb. 2
and Aug. 2, at Trustee’ 's office.
Authorized—$2, 500,000. ie
Outstanding—$1,7 69, 000.
Cancelled by Sinking Fund—$731;0 00.
Denomination—Coupon,- $1,000. Fe terabile
as to principal.
Trustee—Union Trust Co., Pittsburgh, Pa.
5, Redeemable at 105 and interest on any interest
ate
Sinking Fund—10 cents per ton of coal mined
and shipped but minimum amount of $50,000
must be paid to the Trustee semi-annually regard-
‘less: of amount mined.
Organization—Incorporated in Pennsylvania
‘in 1903 as a consolidation of the Pittsburgh &
Budale Co., Manufacturers & Consumers Coal
Co. and the Pittsburgh-Buffalo Co. ~The
company is engaged in mining coal, stone,. clay
‘and sand and manufactures. coke, brick, tile,
pottery, etc. Receivers were appointed for the
‘company in December, 1913.
Secured by a first mortgage on- 7,200 acres of
Pittsburgh vein coal in Allegheny, Washington
and Greene oa Pa., with mines:at Mari-
anna, Ca b Bruceton and Burg ws
on 3, 900 acres’ of Kittanning and Freeport vein
coal in Armstrong County, Pa., with mine at
Johnetta; on 2,900 acres of surface, dwellings
‘for over 800 families, railroad’ track and -all
equipment.
Listed on the Pittsburgh Stock Exchange.
Original Market—Offered in Sept., 1909, at
100 aya interest by the Mellon National: Bank
‘and ‘Darr & Moore, (now -Moore; Leonard &
Lewis) Pittsburgh, Pa. “
Market. .
‘company’ is controlled through ownershi ip
‘entire capital stock by the Philadelphia Co.,
Dated July,'1, 1907. Interest pavehie. Jen; *
and July 1, at Company’ 's office, Pittsb rE
Authorized and Outstanding—$750,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
's gees “vale Deposit & ‘Trust Co., Pitts-
ur;
7 Redeemable at 105 and interest on any interest
ate.
Guaranteed as to principal and interest- by
endorsement: by the Washington & Canonsburg
Ry Co.; also guaranteed pringipal and interest
.by the Pittsburgh Rys. Co. |
Control—-Leased to the Washington & Canons-
burg’ Ry.’ Co. for 30 years from June, 1907. This
of its
and
‘its property is operated under an agreement ay
the Pittsburgh Rys. Co. 'P.,C. & W. Ry.
is also owned by the Pitiadeipnia C Co. *
-and. branches. -
Secured .by a first mortgage on 12 miles of
Anterurban ‘railway from a junction with the
Pittsburgh & Charleroi St. Ry. about ons mile
south of Castle Shannon to Canonsbur; This
line forms part of the road between Pittsburgh
and Washington, Pa. The road is largely’ on
private right-of-way. and franchises are perpetual
- elsewhere.» a by
Market. ty
Pittsburgh—Safe Deposit & Trust Co., H. P.
Taylor & Co.,.Moore, Leonard & Lewis.
New York—C. H. Hensel H. P. Taylor & Co. '
Buffalo—H. P. Taylor & Co.,
PITTSBURGH, CHARTIERS & YOUGHIO-
GHENY RAILWAY CO. General 4s., Due
April 1, 1932.—F.
Tax exempt in Pennsylvania.
Dated April 1,.1892. Interest payable April
and Oct. 1, at Company’s office, Bie ety Pa.
Authorized—$1, 000,0' ie
Outstanding—$164,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Fidelity Title & Trust Co., Pitts-
burgh, Pa.
Sinking Fund—1 oy annually - of bonds out-
standing. to be applied to their purchase at not
exceeding par. If not’ so purchasable the fund
shall revert to the company.:
Organization and ‘Control—Incorporated in
Pennsylvania in 1881. The entire capital stock
is owned jointly by the Pitts., Cinc., Chicago &
St. L. Ry. Co.,.a subsidiary of the Penna. R. R
Co:, and the Pittsburgh & Lake Erie Ry. Co., a
subsidiary of phe New York Central & Hudson
River R. R.
Guarantes—_D# the bonds issued $158, 000 were
piemnice principal and interest one- half by th
. R.'R. Co: and one-half by the ‘Pes C.
Cc. & Sit »Ry.Co. -
Secured. by a first mortgage on the- 20° miles
of road from McKees Rocks to Beechmont, Pa.
These bonds are outstanding
-at» the rate. of $8,200 per mile.
Net: Earnings, 12/31/14... eeveeee $112,765
‘Interest .. 35,731 ,
Legal for Géna., , Fia., Me., , Mich., Minn., N. H.
Ne dy R. I. and ‘Wis. ei By 8
, Market.
New Mork Moore. I Leonard & Lewis,” 6. iH. oe
Hensel, H.:P.' Taylor & ‘ =
Pittsburgh—H. Pe aie: & Co.’ ;
Buffalo—H. Taylor & Co.
as
“PITTSBURGH, ‘CANONSBURG & WASHING-
a. jTON AILWAY CO. 1st.5s. Due July +1,
- 1937.— aM
Tax exempt in Pennsylvania.
fe,
Philadelphia—Chas. Fearon & Co. ay BE. OW.
Clark & Co.. , 4
Pitisburgh—H. P. Taylor. & Co. |
New. yore P. Taylor: &: ee
Buffalo—H.'P. Taylor & Co.
, PITTSBURGH, CINCINNATI, ‘CHICAGO -&
‘ST. LOUIS RAILWAY, CO. Cons. 41485 | ds.
;.and 3 }¢s.—F. Sh
e Tax" exempt. in Pennsylvania. cain ise
Dated Oct. 1; 18 90. : “
669
Authorized Series Outstanding Rate %
$10,000,000 A $10,000,000 4%
10,000,000 B 8,780,000 4%
2,000,000 Cc 1,379,000 4%
6,000,000 D 4,892,000 4
12,000,000 E 4,007,000 38%
10,000,000 F 9,927,000 4
10,000,000 G 9,587,000 4
3,000,000 H 2,909,000 4
7,000,000 I 7,000,000 4
3,494,000 J 3,494,000 4
Dated Interest Payable Due
‘Oct. 1, 1890 A&O Oct. 1, 1940
April 1, 1892 A&O April 1, 1942
ov. 1, 1892 M&EN ov. 1, 1942
Nov. 1, 1895 M&N. Nov. 1, 1945
Aug. 1, 1899 F&A Aug. 1, 1949
Dee. 1, 1903 J&D Dee. 1, 1953
Noy. 1, 1907 ME&N Nov. 1, 1957
Feb. 1, 1910 F&A Feb. 1, 1960
Aug. 1, 1913 F&A Aug. 1, 1963
May 1, 1914 M&N May 1, 1964
Interest payable dates as above, at Farmers’
‘Loan and Trust Co., New York.
Authorized—$75,000,000.
Outstanding—$61,975,000. ‘ :
Retired by Sinking Fund—Series ‘‘B”’ $1,220,-
000; Series “C”’ $621,000; Series ‘‘D’’ $1,108,000;
“Series ‘“‘E”’ $7,993,000; Series “F’’ $78,000;
Series ‘“‘G” ‘$413,000; and Series ‘‘H’” $91,000.
Total $11,519,000.
Denomination—Coupon, $1,000.
as to principal.
eo Loan and Trust Co., New
“York. : A
. Sinking Fund—1% per annum of the bénds
outstanding, plus the interest on bonds already
redeemed, to be applied to the purchase of
-these bonds at not exceeding par. If not so
purchasable the fund reverts to the. company.
Guaranteed as to principal and interest by tae
Pennsylvania Co. by endorsement. 5
Organization_and_ Control—Incorporated in
Pennsylvania, West Virginia, Ohio, Indiana and
-Illinois in 1890." The company owns 1,137 miles
of road, as described below, and operates under
contract and jointly with other roads 335 miles
additional, including from Cincinnati.to Spring-
-field, Columbus and the Indiana-Ohio State Line
near Richmond, Ind., Wheeling Jct. to Bern-
-~wood, W. Va., Converse to Muncie, Ind. and
branches. Of the line owned 570 miles is double-
itracked, 98 miles has a third track and 40 miles
.a fourth track. The lines operated by this com-
‘pany afford the Pennsylvania system its only
sentrances into Cincinnati. and Dayton, Ohio,
Louisville, Ky., and Indianapolis, Ind. (from the
East) and important entrances to Columbus,
Ohio, and Chicago. They also form part of the
-through line between St. Louis and points east
of Indianapolis. The company has outstand-
ting $27,476,800 preferred stock and $37,173,100
common stock, of which $22,462,200 of the pre-
ferred stock and $23,390,300 of the common
stock. The preferred stock receives 4%, non-
cumulative, after which the common stock may
receive 3%. The preferred stock shall then
receive 1% additional, before more than 3% is
paid on the common stock, which shall then be
Registerable
entitled to 5%. If more than 5% is paid on
the. common stock, both classes shall share
equally in the additional distribution. Divi-
dends have been paid on the preferred stock
‘since 1892 and on the common stock since 1901.
From 1910 to 1913 dividends of 5% were paid
-on both classes of stock, but in 1914 they were
reduced 1% on each class. For a long period
of years prior to 1913 the annual net income was
greatly in excess of twice the interest charges on
the entire funded debt.
$22,462,200 of the preferred and $23,390,300
of the common stock are owned by the Pennsyl-
wania Co., which is controlled through. ownership
oy mee capital. stock- by the Pennsylvania
. R. Co.
Secured by a first mortgage on 520 miles of
road from Pittsburgh to Columbus, O., Ren-
comb Jct. (near penne to Richmond, Ind.,
Indianapolis to Jeffersonville and New Albany,
Ind., Columbus, Ind., to Cambridge City and
Madison, Ind., and branch to Cadiz, O., and a
second mortgage on 613 miles of road from
arnegie to Washington, Pa., Columbus, Ohio,
to Chicago, Ill., Bradford Jct., O., to Indian-
apolis, Ind., Richmond to Logansport, Ind., and
‘Logansport to Effner, Ind., subject to prior liens
at the rate of $3,500 per mile. These bonds are
outstanding at the rate of $54,800 per mile.
' Prior Liens—$2,131,000 bonds of absorbed
companies. ;
Gross Earnings, 12/31/14.... $39,139,400
Net earnings................ 9,128,803
Net income................. 7,144,965
Rentals yicoccccsodatacs henint 1,416,714
ERCOTESG i i5.5 ace) scestghsecorie ot deevecencnus 3,355,408
Miscellaneous............... 940,2'
Dividends................0- 1,378,245
Surplus.............050008 $55,832
The: average annual surplus after interest and
other, charges, but before dividends, for nine
years, has been $2,833,000.
Legal for Balt., Conn., Me., Mich., Minn.,
-H.,N.J., N. ¥., R. I. and Wis.
Listed on the New York and Philadelphia
Stock Exchanges.
se Market.
New York—Harris, Forbes & Co., Simon Borg
Co., L. M. Prince & Co., F. H. Hatch &
Co., Hartshorne & Battelle, Freeman & Co.,
.Crawferd, Patton & Cannon, Wm. C. Wilson
Co., J. S. Bache & Co., Plympton, Gardiner &
Co., Beverly Bogert & Co., Gilbert Eliott &
Co., Bigelow & Co., Coffin & Co., Clark, Dodge &
Co., Redmond & Co., Hartshorne & Picabia,
Korn, Lehman & Co., A. R. Clark, Wolff & Stan-
ley, Struthers & Hiscoe, Jacobson & Friedman,
Bull -& Eldredge, Newborg & Co., Penington,
Colket & Co., E. & C. Randolph; McGeorge &
Vanderhoef, Chas. H. Jones & Co., Jos. Walker
& Son, GC. H. Hensel, Boissevain & Co., Mont-
gomery, Clothier & Tyler, Seasongood & Haas,
Gude, Winmill & Co., Speyer & Co.
Philadelphia—C. D. Barney & Co., S. K.
Phillips, Z. B. Smith & Co., Borden & Knoblauch,
R. Glendinning & Co., H West, Chas.
lenry &
Fearon & Co., C. C. Harrison, Jr., & Co., E. W.
Clark & Co.,'Reed A. Morgan & Co., Cassatt &
Co.,Geo. §. Fox & Sons, Frazier & Co., Graham
& Co.,,W. H. Newbold’s Son & Co., Mellor,
& Petry, Brown Bros. & Co., Elkins,- Morris &
Co., Barclay, Moore & Co., Sullivan & Co.,
Welsh Bros., Benson & Packard, Goodall,
Wistar & Co., Montgomery, Clothier & Tyler,
Harper & Turner, Reilly, Brock & Co. ‘
Boston—R. L. Day & Co., N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
Omaha—City Trust Co. |
PITTSBURGH, CLEVELAND & TOLEDO
orca CO. Ist 6s. Due Oct. I, 1922.
See Map 6.
Dated October 2, 1882, Interest payable
April and October 1, at B. & O. office, 2 Wall St.,
New York.
Authorized—$2,400,000.
Outstanding—$441,000.
Deposited with Trustee of P., L. E. & W. Va.
Ref. 4s—$1,959,000. ;
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. |
Organization and_Control—Incorporated in
Pennsylvania: and Ohio in 1882. - All:of the
stock is owned by and the road leased to the
B. & 0. R. R. Co.
670
Guaranteed as to interest by Pitts. & Wn. Ry.
Co. and by B. & O. R. R. Co., jointly and sever-
‘ally, by endorsement.
Secured by a first mortgage on (6) 61 miles of
road, of which 27 miles are double-tracked from
Rock Point, (Newcastle Jct.,) Pa., to Lowery, O.,
and Cuyahoga Falls to Canton, Ohio, about
eight miles from Newton Falls, where con-
nection is made with another line of the B. &
O. R. R., to Lowery, is not operated. The road
operated forms part of the through line of the
B. O. R. R. between Pittsburgh and points
east and Akron, Cleveland and Chicago. These
bonds are outstanding at the rate of $39,300
per mile. :
Refunding—Bonds are reserved under the
i. -, Pitts., L. E. & W. Va. Ref. mortgage
to acquire the outstanding bonds of this issues
Legal for Balt., Me. and Mo.
Listed on the New York Stock Exchange.
‘ Market.
New York—Wm. C. Wilson & Co., Blodget &
Co., Wolff & Stanley, Foster & Adams.
Philadelphia—E. W. Clark & Co., C. C. Harri-
son, Jr., & Co.
PITTSBURGH COAL CO. OF PENNSYL-
VANIA Deb. 5s. Due July 1, 1931.—F.
Tax free in Pennsylvania.
Dated July 1, 1911. Interest payable Mar.
and Sept. 1, at Trustee’s office.
Authorized—$6,350,000.
Outstanding—$5,735,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Union Trust Co., Pittsburgh, Pa.
Redeemable at par and interest in numerical
_ order on any interest date.
_ Organization—Incorporated in Pennsylvania
in 1904. All of the stock is owned by the Pitts-
burgh Coal Co. of N. J.. In 1915 the Pittsburgh
Coal Co. of Pennsylvania sold some 10,900 acres
of coal: rights, including 875 acres of surface
owned, to the Monongahela River Consolidated
_ Coal & Coke Co.; another of the subsidiaries of
the Pennsylvania Coal Co. of N. J., for $8,822,717
or at the rate of $812 per acre. The proceeds
are to be applied to the payment of $8,000,000
1st Mortgage bonds on July 1, 1915, after which
date the property of the company will be sub-
jeet to'bonds at the rate of only $141 per acre.
Net Earnings, (N. J. Co.)
12/31/14 s ie: 8 2 Sabian G8 aew $4,201,070
SES OS Go yorces oe owe a Fp Ha : 815,695
Original Market—Issued in exchange for stock
of Monongahela River Consolidation Coal & Coke
Co., $1,000 in bonds for each 25 shares of pre-
ferred stock.
Market.
oe York—F. H. Hatch & Co., H. P. Taylor
0.
Pittsburgh—H. P. Taylor & Co., Ballard &
McConnell, Moore, Leonard & Lewis, Speer
Bros. & Co., Donner, Child & Woods.
Buffalo—H. P. Taylor & Co.
PITTSBURGH COAL CO. Midland Coal Co.
Purchase Ist 5s. Due May 15, 1932.—F.
Tax exempt in Pennsylvania.
Dated May 15, 1912. Interest payable May
and Nov. 15, at Union Trust Co., Pittsburgh, Pa.
Authorized—$1,200,000.
Outstanding—$997,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., Pittsburgh, Pa.
Redeemable on and after Nov. 15, 1915,
at 10214 and interest.
Sinking Fund—A minimum amount of $50,-
000 per annum.
Organization and Earnings—See Deb. 5s 1931
above.
Secured by a first mortgage on 4,736 acres of
coal land:in Washington County, Pa.
Original Market—First offered by Pittsburgh
Trust Co., Pittsburgh, Pa., at par and interest in
Oct., 1912.
Market.
Pittsburgh—Pittsburgh Trust Co., Ballard &
McConnell, Moore, Leonard & Lewis.
woe York—Moore, Leonard & Lewis, C. H.
ensel.
PITTSBURGH COAL CO. OF PENNSYL-
VANIA Shaw Purchase Ist S. F. 5s. Due
Jan. 1, 1935.—F.
Tax free in Pennsylvania.
Dated Jan, 1, 1910. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$1,219,000.
Balance Retired by Sinking Fund. ‘
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Redeemable at 10234 in numerical order
on four weeks notice.
Sinking Fund—Ten cents per ton of run-of-
mine-coal mined but never less than $60,000
per annum, for the purchase or redemption of
these bonds at not over 10234 and interest.
Guaranteed as to principal and interest by
.endorsement by the Pittsburgh Coal Co. of New
’ Jersey.
Organization, etc.—See Deb. 5s above.
Secured by a first mortgage on 3,250 acres of
Pittsburgh seam coal and 410 acres of surface
land, together with mining plants, equipment,
etc., located in North Fayette and Findley
Townships in Allegheny. County and Robinson
Township, Washington County. | :
Original Market—First offered by the Union
Trust Co., Pittsburgh.
Market.
See other issues.
PITTSBURGH COAL-DOCK & WHARF CO.
Ist S. F. 5 4/10s. Due April 1, 1938.—F,
Dated April 1, 1912. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$3,500,000.
Outstanding—$3,254,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Redeemable on any interest date at 10234 and
interest, bonds to be drawn by lot.
Sinking Fund—$100,000 April 1, 1913 and
$50,000 each Oct. 1 and April 1 to and including
Apel 1, 1920 and $75,000 semi-annually there-
after, for the purchase or redemption of these
bonds at not over 10234 and interest. It is
estimated that this fund will retire this issue at
maturity. 7
Guaranteed as to puetpal and interest by
endorsement by the Pittsburgh Coal Ca. of
Pennsylvania. ;
Organization and Control—Incorporated in
Minnesota to finance and construct dock prop-
erties in and around Duluth, Minn. Controlled
through stock ownership by the Pittsburgh Coal
Co. of Pennsylvania, which is controlled by the
Pittsburgh Coal Co. of New Jersey.
Secured by a mortgage on two docks at
Duluth, Minn. and one at Allouez Bay, Superior,
Wis. A fueling dock is being erected at Lime
Island in the St. Mary’s River. These prop-
erties are necessary adjuncts to the operstions
of the Pittsburgh Coal Co. Replacement
value is reported in excess of $4,250,000.
Prior Lien—$146,000 Ist 5.48, due $10,000,
annually. :
Earnings—See Pittsburgh Coal Co. Deb. 6s,
1931, above. 4
Original Market—First offered by the Union
at Co. and Moore, Leonard & Lewis, Pitts-
urgh.
671
Market,
Pittsburgh—Union Trust ‘Co.
New York—cC., H. Hensel.
PITTSBURGH, CRAFTON & MANSFIELD
‘RAILWAY CO. 1st 5s. Due July 1, 1924.
F.
Tax exempt in Pennsylvania.
Dated, July 1, 1894. Interest payable, Jan.
And July 1, at Pittsburgh Brust Co., Pittsburgh,
‘a.
Outstanding—$180,000.°
portend ee $1,000.
Trustee—Pittsburgh “Trust Co., Pittsburgh,
Pa.
Control—Controlled’ through stock ‘ownership
by the Pittsburgh Rys. ‘Co., which is the operating
sompany for the, trolley lines | of the Philadelphia
Secured by a first mortgage on the street
railway lines from Steuben St. in the 20th Ward
of Pittsburgh (West End): on’ Chartiers Ave. to
Jeffers St., to Farnia St., to Ladoga St., to
Renfrew St., to Berry St. (Borough of Ingram)
.to Catherine St., to Bonnet St., to Uniori Ave.
(Borough: of’ Crafton), to W. Steuben St., to
Noble Ave., to Ridge Ave., and on W. Steuben
St. ' (Borough of Crafton), to Ingram Rperahip. © & Power Co. These com-
pauies were merged July, 1912, with the Cumber-
and County Power & Light Co.
Secured by a first mortgage upon a hydro-
electric plant. of. 4,000 h.p. capacity, situated
on the Saco River, about 20 miles from Portland,
together with’ transmission lines, etc.,. supplying
Foruend, Me., and vicinity. Franchises per-
petual.
Underlies—$1,800,000 Cumberland Co. Power
& Light 1st & Ref. 5s due 1942, which provide
for the retirement of this issue.
'
Net Earnings, 6/30/14......... $1,127,320
TNtOR St pia okie eae Ge 726,510
D Ris 1eBUe gic cas css wee eo persed 641, 510
ee ,Market—$400,000 offered in July,
1906, iby A. B. Leach & Co., New York, Boston
and Chicago, an additional blocks offered by: the
same firm in 1910, at par and interest.
arket
New York—A. B. Leach &, Co., F. H. Hatch.
& Co., Kirkpatrick, & Lewis, S. L. Snowden.
Bost Serge ee ouaat C. D. Parker &
Co., Inc.,, A. B.. Leach
Portland, te itatnars s. Bird & Co., E. L..
engren. Z
Bangor—L. C. Tyler. & Sons, Co., Inc. teh
PORTLAND: (ORE.) GAS CO. Ist 5s. Due
Aug. 1, 1951.—
Interest, payable Feb. and Aug. 1, at Security:
redeemable until then for
Savings & Trust Co., Portland, Ore., or Franklin
Trust Co., Br ooklyn, He Y.
‘Authorized--$750 ,000
Outstanding—$37) 1, 000.
Deposited as Collateral —$379,0 100.
conta eereres by the Portland Gas &
Coke Co.
Secured by a first mortgage on plant supplying
gas in Portland, Ore. Population, 1910, 207,214.
Franchise perpetual.
Underlies—$5,517,000 Portland Gas & Coke
5s of 1940, which ‘mortgage provides for the
retirement of this issue.
Earnings—See lst & Ref. 5s above.
Market.
New York—White, Weld & Co., Harris, Forbes
& Co., Low, Dixon & Co.
‘Portland; Ore.—Hall & “Lewis.
PORTLAND (ORE.) GAS & COKE CO. Ist
& Ref. 5s. Due Jan. 1, 1940.—
‘Dated ‘January 11, 1910. Interest” “payable
Jan. and July 1, at United States Mortgage &
Trust Co., New York.
Authorized—$15,000,000.
Outstanding—$5, 517, 000.
Denomination—Coupon, $1,000.
Registerable
as to principal.
Trustee—United States Mortgage & Trust Co.,
New York.
.Redeemable at 110 and interest on Jan. 1,
1920, or any interest date thereafter.
Improvement Fund or Sinking Fund—The
company shall pay to the Trustee for a special
improvement fund on January 1 of each year,
1915 to 1919, inclusive, 1%; on January 1 of
each year, 1920 to 1924, inclusive, 2%; on Jan-
uary 1 of each year 1925 to 19389, inclusive, 3%
in each case of the total amount of bonds of the
Company then outstanding. If the net earnings
for the twelve months ending on November 30
of any of the years 1924 to 1938, both inclusive,
shall equal or exceed three times the interest,
charges on all the First & Refunding Mortgage
and Portland Gas Company bonds outstanding,
then only 2% instead of 3% need be paid into
the Improvement Fund in.the next year. This
Improvement Fund may be used either as a sink-
ing fund for the purchase of bonds outstanding .
under the mortgage at not execeding 110 and in-
terest, or to pay for permanent extensions and !
bap avenienis against which no bonds can be is-.
sued,
Organization and Control—Incorporated in.
Oregon, in Jan., 1910, and took over :the prop-
erties of the Portland Gas Co. and the East Port-
land Gas Light Co., and is controlled through
ownership of entire common stock by the Ameri-.
can Power & Light Co., which is in turn con-.
trolled by the Electric Bond & Share Co., the
latter being controlled by the General Electric
Secured by a mortgage on plants supplying
Portland, Ore., and vicinity with gas, Further
4
secured by. the deposit of $379, 000 Portland Gas;
Co. 1st 5s, 1950. Population served, 207,214.
Franchises are unlimited as to time.
Prior Liens—$371,000 Portland Gas ‘Co.. Ist
5s of 1951 (closed mortgage) for the retirement
of which bonds are reserved uae bee mortgage.
Net Earnings, 12/31/14.... 6
Interest on bonds.,... 274,
Original Market—$2,500,000. offered in June,
120, by N. W. Harris. & Co., and White Weld
& Co., New York and Boston, at par and interest.
Market.
Chicago—Harris Trust & Savings Bank, White,
Weld & C
Providence—Miller & George, Brown, Lisle &
j047,
M
Rte iskla-cMonigomary, Clothier & Tyler, .
Reed A. Morgan & Co.
New York—Harris, Forbes & Co., White, Weld
681
&-Co., F. H. Hatch & Co., Low, Dixon & Co.,
Gude, Winmill & Co., John; W. Christiansen.’
Boston—N. W. Harris & Co., Ashley & Co.,
Walter S. Place, White, ‘Weld & Co., W. L. Ray-
mond & Co., F. B. Bassett & Co.
& atoe Aan, Goodrich & Co., Sutton
‘St. Paul—White, Grubbs & Co.
Portland, Ore.—Hall & Lewis.
PORTLAND (ME.) GAS GAS LIGHT CO. Ist 4s.
Due Jan. 1, 1936.—F.
Interest payable Jan. and July 1, at Union’
Safe Deposit & Trust Co., Portland, Me
Authorized—$400, 000.
‘ Outstanding—$200,000.
Denomination—Coupon, $1,000
Trustee—Union Safe Deposit ‘& Trust Co.,
Portland, Me. a
Organization—Incorporated i in Maine in 1849. .
Secured bya first mortgage on the plant: sup-
plying gas to Portland, South Portland and
Westbrook, Me. Population served, 80,000.
Franchise expires in 1937.
Net eerie after interest,
V2 B VIVA csvitve teen Sovenere 6 (ocaitnnle 00 $70,126
Market. ~
Portland, Me.—H. M. Payson & Co.
PORTLAND (ORE.) GENERAL ELECTRIC
CO. 1st 5s. Due July 1, 1935.—F.
Dated July 1, 1905. Interest payable Jan. and
July 1, at Harris, Forbes & Co., New York.
“Authorized—$10, 000,000.
-Outstanding—$8, 000,000 * (Closed montane):
Denomination—Coupon, $1,000. Registerabl
as to principal.
~ Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole at 107 ¥% and interest |
July 1, 1915, or on any interest date thereafter
on four weeks’ notice.
Sinking Fund—1% annually of outstanding
bonds, on May 1, beginning 1915, for the purchase
or redemption’ of these ‘bonds at not’ over: 107 4
and interest.
: Assumed by ‘the Portland Railway, Light. &
Power Co.
Organization and_ Control—Incorporated in
Oregon in 1892, and in 1906 was absorbed by the
Portland Railway, Light & Power Co.
Secured by first mortgage on water power
station on the Willamette River at Oregon City,
Ore.,' with 779 aeres of land and- riparian’ ‘rights _
for 3% miles, and 600 acres additional in Clack-
amas’ County, ‘2, steam stations and 38 ‘sub-
stations, ‘ transmission lines, etc., supplying
electric light’ and power in Portland,
Silverton, ‘Woodburn 'and- Oregon City, Ore.,
and Vancouver, Wash., together with 12 miles
of street railway in’ Salem, The company re-
cently sold its gas plant in Salem. In Portland
ie ‘electric business is now subject to competi-
ion.
Franchises are perpetual.
Uudenibe oi 000,000 Portland Ry. Light '&
Power list & Ref. 5s," due 1942, which provide
for the retirement of this issue.
Net Earnings, 12/31/14........ $3,009,288
AnterGatin.sscaccesaieavnunisdus a: actus peeeees
Phis 198 CO picdi dest p-cenaaseyie acineaits 2,678
- Listed on the New York Stock Recince.
Original Market—$4,000,000 offered’ in June,
1906,=by N. W. Harris & Co., and Perry, Coffin
& Burr, Boston, etc., at 10314 and interest.
‘Market.
Boston—Perry, Coffin & Burr, N. W. Harris
& Co., E. M. Farnsworth, Parkinson & Burr,
W. L. Raymond & Co., LL. Sherman Adams,
White, Weld & Co., Paine, Webber & Co.
Philadelphia—C. *é. Harrison, Jr., & Co.
New York—Harris, Forbes & Co., Lee, Hig-
ginson & Co., Low, Dixon & Co., Curtis & San-
ger, Newborg & Co., Blodget & Co. ., Rauscher
& Childress, Chandler Bros. & Co., Tobey &
682
alem, .
fo
Kirk, Perry, Coffin & Bure, Berdell Bros.,” John
Ww. Christiansen, P. W. Brooks & Co.
Chicago—Harris Trust & paying Bank, ‘Aries, .
Emerich & Co., Paine, Webber & Co., Spencer
Trask & Co.
Providence—Brown, Lisle & Marshall.. .
PORTLAND (ME.), LIGHTING ; & POWER co.
1st 414s. Due April 1, 1921.—N.
Dated ‘April 1, 1901. Interest payable April 1
and Oct. 1, at American Trust Co., Boston.
Authorized and Outstanding—$500, 000.
Trustee—American Trust Co., Boston, Mass.
Contro!—In 1912 the property of this company
was’ acquired by the Cumberland County Power
& Light Co. -
Secured by a first mortgage on plant supplying
electricity in Portland, Me., and suburbs.
Property includes a hydro-electric plant on the
Presumpscot ,River 14 miles. from Portland, and
transmission lines to that city.. Population
served, 80,000. ‘Franchise perpetual.
Underlies—$1, 800,000. umberland County
Power & Light Co. 1st & Ref. 5s of 1942. nder
this mortgage bonds are reserved to retire this”
issue:
Net Earnings, 6/30/14 $1,127,320
Interest ic: ii. os eaiciee ees 726,510
This! issue's. ceannrsa a cerccae > « , 641,510
Market. —
Boston—Geo. A. Fernald & Co., a Sherman
Adams, Burgess, Lang & Co.
ner T Phat ee, Stone & Co., a &
Co.,. H. Hatch &C 0.
PORTLAND (ME.) RAILROAD Ist Cons. 3s.
Due July 1, 1951.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Portland Trust Co.,-Portland, Me.
Authorized—$3, 000,000. -
Outstanding—$1, 600, 000.
Denomination—Coupon, $500 and $1, 000.
Trustee—Portland Trust Co., Portland, Me.
Redeemable after July, 1, 1931,'at par and
interest.
Control—See 5-Year Notes below.
Secured by a first mortgage on 22 miles of
street railway and a second mortgage on 28 miles;
also by a first lien on all of the stocks and bonds
of companies owning 32 miles of electric railway
operated by the Portland R. R. Co. All of the
lines are located in‘and around Portland, Me.,
the population’ served being about 80,000. Fran-
chise in Portland ‘expires in’ 1938. Other fran-
chises are mostly without limit as to time; none
expire prior to 1938.
‘Prior Liens—$500,000 Portland R. R. 1st 5s,
due Nov. 1, 1915, and gat 000 Portland. & Cape
Elizabeth Tst ‘5s, “due. 1915, for the retirement of
which bonds of this issue have been reserved.
Earnings—See 6% notes below. :
Market.
’ Boston—Aidams & Co., Hayden, Stone & Co.
New York—Lawrence Barnum & Co.
Portland, Me.—. M. ‘Payson & Co., May-
nard 8. Bird & Co., Chester H. Pease.’
Ee (ME.) RAILROAD CO. Five-Year
444% Notes. Due Dec. 1, 1916.—F.
Dated Dec. 1, 1911. Interest payable June 1
and Dec. 1, at Trustee's office.
Authorized and: Outstanding —$600,000.
Denomination—Coupon, $1,000. Heeisterable
as to principal.
Trustee—Union Safe Deposit & Trust Co.
Portland, Me.
Redeemable at par and interest on and after
December 1, 19
Guaranteed as to interest under terms of lease
to the Cumberland County Power & Light Co.
Organization and Control—Incorporated in
Maine in 1863 and controls 106 miles of track
including suburban lines from Portland to South
Portland, Saco, Westbrook, -Cape Elizabeth,
Gorham, Old Orchard and South Windham. In
1912 was leased for 99 years to the Cumberland
County Power & Light, which agrees to pay all
operating expenses, taxes, rentals and interest.
Security—These notes are a direct obligation
of the company, but are not secured by mort-
gage. The indenture provides that these notes
are to be included equall
property other than those existing at the date of
this issue.’ by aes
Prior Liens—$400,000 Portland & Cape
Blizabeth Ry. Co. 1st 5s of 1915, and $1,600,000
1st Cons. 3}4s, due 1951.
Net Earnings, 12/31/14.......... $397,601
Anterest, ete. . naccacdy danueea asc 250,604
- Legal for Maine. i
Original Market—$350,000 offered in Dec.,
1911, at 98.90 and interest by A. B. Leach & Co,.
Boston and New York, and Maynard S. Bird &
Co., Portland,.Me. 5
‘ Market.
New York—A. B. Leach & Co. _
Portiand, Me.—Maynard §S. Bird &. Co.,
Fidelity Trust’ Co.
PORTLAND (ORE.) RAILWAY CO. Ist & Ref.
8S. F. 5s. Due Nov. 1, 1930.—F. eee
Dated November 1, 1905. Interest payable
May and Nov. t, at Redmond & Co., New York.
Authorized—$10,000,000.
Outstanding—$8,099,000.
Held in Sinking Fund—$424,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—-New York Trust Co., New York,
” Redeemable at 105 and interest on any interest
date on 60 days’ notice. p
_ Sinking Fund—Annually on November Ist
from 1910, not less than $40,000 to and including
Nov. 1, 1919, plus a sum equal to two-thirds, of
1% of the ‘amount ‘outstanding’ in’ excess’ of
$5, 82,000, and not less than $60,000 plus 1% of
excess annually thereafter for the purchase
or redemption of these bonds at not over 105 and
interest. Bonds so redeemed to be kept, alive
and ‘interest added to sinking fund.
“Control—Absorbed in 1906 by the Portland
Ry., Lt. & Pow. Co. . ‘ :
Secured by a mortgage on 140 miles of street
railway track in Portland, Ore. Of this mileage
this mortgage is a first lien on over 75 miles.
Property ‘covered by this mortgage includes
6 car barns and 9 acres of land in Portland;
Shaw’s Island, near Portland, containing 940
acres; 5,000 acres of timber land and valuable
water rights. Some of the lines are on private
right-of-way and principal franchise for other
lines expire in'1932 and 1933.
Prior Liens—$87,000 Cons. 6s of 1916, and
$1,290,000 Cons. 4s of 1930, of City & Suburban
y. Co. i
"Underlies—$17,064,000 Portland Ry. Lt. & Pr.
Ist & Ref. 5s of 1942, and $5,000,000 5% notes
due May-1, 1915. Bonds are reserved under
the 1st & Ref. mortgage to retire this issue.
Net Earnings, 12/31/14 $3,009,288
Interest. . : 2,172,678
This issue 1,319,478
Listed on the New York, Louisville and Phila-
delphia Stock Exchanges.
Original Market—Offered in Nov., 1905, by
Redmond & Co., pew York, at par and interest.
2 : : arket.
Baltimoré~Sutton & Co., Baker, Watts & Co.,
Riggs & McLane, Strother, Brogden & Co.,
Jenkins,’ Whedbee & Poe, Walter Koppelman,
Colston, Boyce & Co., Alex. Brown & Sons,
Mackubin, Goodrich & Co., Hambleton & Co.,
Nelson, Cook & Co., J. S. Wilson, Jr., & Co.,
Townsend Scott & Son, B. Warren Corkran & Co.
, Philadelphia —Elkins, Morris & Co., Geo S.
Fox & Sons, S. K. Phillips, E. W. Clark & Co,
Cassatt &' Co., Chas. C. Harrison, Jr., & Co.,
E.R. Barnard & Co., Chas. Fearon & Co., Henry
y in any mortgage on the.
& West, Oscar R.'Dare, Mellor.& Fete Reed &
Huntoon, C. Clothier, Jones & Co., C. D. Barney
& Co., Frazier & Co., Graham & Co.
Providence—Richardson & Clark. ,
New York—White, Weld & Co., Redmond &
Co., Coffin & Co., Chas. D. Barney & Co., Clark,
Dodge & Co., E, & C. Randolph, Rauscher &
Childress, H. I. Nicholas & Co., Berdell Bros.,
J. H. Howell & Co., R..B. Hathaway & Co.,
Miller & Co. ;
Louisville—John W. & D. S. Green, Henning,
Chambers & Co., Almstedt Bros., J. J. B. Hil-
liard & Sons,. Marvin H. Lewis & Co., Lawrence
Timmons & Co. . :
Boston—F. B. Bassett & Co.
PORTLAND RAILWAY, LIGHT & POWER
~ CO. Ist & Ref. S. F. Conv. 58. Due Feb.
1, 1942.—F, :
Dated February 1,1912. Interest payable Feb.
and Aug. 1, at Lee, Higginson & Co., Boston,
Columbia Trust Co., New York, Fidelity Trust
Co., Philadelphia and Higginson & Co., London.
Authorized—$75,000,000.
Outstanding—$17,064,000. "|. ~~
’ Denomination—Coupon, $1,000, $500 an
$100. Registerable as to principal. Registered,
$50,000 $10,000, $5,000 and $1,000. C. & R.
interchangeable. E
_ Trustee—Fidelity’ Trust Co., Philadelphia.
Redeemable at 105 and interest’on any August
1st, beginning 1915, for sinking fund, upon 28
days’ notice or as a whole on February 1, 1922,
or on any intérest date thereafter, upon 60 days’
notice. f
Convertible—Outstanding bonds are con-
vertible into capital stock of the company at a
price equal to amount paid in plus $10 premium
per share. As the stock is now $75 paid in the
present rate of conversion is $85 in bonds for
each share of stock, . 55 a
Sinking Fund—1% annually, 1915 to 1926,
inclusive, and 144% from 1927 to 1941, of. total
amount. of bonds issued, to be applied to the
purchase or redemption of these bonds at not over
105 and interest. Bonds in sinking fund to be
kept alive and interest added to fund...
- Organization—-The company was incorporated
in Oregon in 1906, as a consolidation of the Port-
land Railway Co., Portland General Electric Co.
and the Oregon Water Power & Ry. Co..
Secured by mortgage upon the entire property
of the company which owns 298 miles of track
of which 184 miles are city lines and comprising
practically all the street railways in Portland,
and 110 miles of interurban lines, owns 10 gen-
erating plants, five of which are hydro-electric
of 57,480 h.p. and five steam of 30,025 h.p., sup-
plying light and power in Portland and Oregon
City, Ore., and Vancouver, Wash., and street
railway, gas and electricity plants in Salem,
Ore. The company operates 12 miles of road in
addition to that owned. These bonds are a first
lien upon 111 miles of track, of which about 40,
miles are within the city limits of Portland, water
rights and developments on, the Clackamas River
and terminal property four miles long on the east
bank of the Willamette River, covering freight
yards, wharves and real estate suitable for
dockage and railroad terminal properties, and a
general lien on the balance of the property. Popu-
ulation served, 300,000. 42 miles of city lines
and the larger part of the interurban lines are on
private right-of-way. Railway franchises in
Portland expire in 1932, and 1933; light and
power in Portland and Salem are perpetual and
in Vancouver expire in 1927. The company is
now subject to competition in its electricity -busi-
ness in Portland.
Prior Liens—$8,000,000 Portland General
Elec. Ist 5s due 1935, $9,900,000 Portland Ry.
1st & Ref. 6s due 1930, $87,000 City & Suburban
Ry. Cons. 68 due 1916 and $1,290,000 City &
683
Suburban Ry. 1st 4s due 1930, for, the retirement
of which bonds of this issue have been reserved.
Listed on the New York Stock Exchange.
Net Earnings, 12/31/14....... $8,009,288
TNO OSG a ciacerssiss ina stvesnin pispavoreners « _ 2,172,678
Original Market—$16,000,000 offered in Feb.,
1912, by Drexel & Co., Philadelphia and Lee,
Higginson. & Co., New York, Boston, etc., at 96
and interest. $1,064,000 offered by the same
firm April, 1914, at 9814 and interest.
Market. |
Philadelphia—Drexel & Co., E. W. Clark &
0., Geo. S. Fox & Sons, S. K. Phillips, E. B.
Smith & Co., C. C. Harrison, Jr., & Co., Chas.
D. Barney & Co., Reed A. Morgan & Co., John
H. McQuillen & Co., Benson & Packard, Mellor
& Petry, M. M. Freeman & Co., Elkins, Morris
& Co., Oscar R. Dare, R. T. Martin & Co.,
Henry & West, Reed & Huntoon, Frazier & Co.,
Goodall, Wester & Co. ‘ :
New York—Lee, Higginson, & Co., Parkinson
& Burr, Blodget & Co., Coffin & Co., F. H. Hatch
& Co., Chandler Bros. & Co., Gilbert Eliott. &
Co., Rauscher & Childress, Korn, Lehman ¢
Beyer & Co., Gwynne Bros,, Berdell Bros.,-J. H.
Howell & Co., H. P. Taylor & Co. ;
Chicago—Alfred L. Baker & Co.,
Emerich & Co. :
2 ee Paul—White, Grubbs & Co., C. O. Kalman
O.
New Haven—Chas. W. Scranton Co.
Boston—Lee, Higginson & Co., Merrill, Old-
ham & Co., J. A. Hutchinson & Co.
Detroit—Security Trust Co.
Louisville—Henning, Chambers & Co., James
C. Willson & Co. :
Baltimore—Owen, Daly & Co., Walter Kop-
pelman. :
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
Portland, Ore.—Hall & Lewis.
PORTLAND (ORE.) RAILWAY, LIGHT &
POWER. CoO. 5% Notes. Due May 1,
Dated May 1, 1915., Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$5,000,000. _
Qutstanding—$5,000,000. '
Denomination—Coupon, $1,000, $5,000 and
$10,000. deo
Trustee—Guaranty Trust Co., New York.
Pager manle at par and interest upon 60 days’
notice. ‘ ‘ .
* Organization—See 1st & Ref. 5s below.
Secured by deposit of $5,000,000 (entire issue)
1st 5s of 1987 of the Mt. Hood Ry. & Power Co.,
and the entire capital stock of the Mt. Hood Co.
The property of the former company was taken
over in March 1912' and comprises 21 miles of
railway and a hydro-electric plant at Bull Run
of 15,000 h.p. about 20 miles from Portland, a
Ames,
steam plant in Portland and transmission lines |
ffered in April,
to that city. e
Original Market—$5,000,000.
1915, by E. W. Clark & Co.,
98 and interest. .
Market.
Philadelphia—E. W. Clark & Co., O. B.
Lansinger & Co., Drexel & Co., Oscar R. Dare,
Graham & Co. , ;
New York—J. & W. Seligman & Co., Wolff &
Hanley, Guaranty Trust Co., Gude, Winmill &
0.
Philadelphia, at
Baltimore—Alex. Brown & Sons.
Chicago—Union Trust Co. “
Boston—Edgerly & Crocker, Parkinson & Burr.
Portland—E. L. Wengren & Co.
PORTLAND (ME.) TERMINAL CO. Ist 4s.
Due July 1, 1961.—F. .
Dated July 1, 1911. Tax exempt in Maine.
Interest payable Jan. and July 1, at Trustee.
Authorized—$10,000,000.
& Co.,.
_ Outstanding—$4,500,000. ;
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000,
$10,000, $50,000. C. & R. interchangeable.
Trustee—Fidelity Trust Co., Portland, Me.
Guaranteed as to principal and interest by the
Maine Central R. R. Co. by endorsement,
Organization—Incorporated in Maine in Feb.
1887, as the Portland Union Railway Station
Co., and name was changed to present title in
March, 1911. Company is operated for the
joint benefit of the Maine Central and Boston &
Maime Railroads. Under the company’s charter
these roads must pay sufficient to pay all expen-
ses, interest on bonds and 5% on capital stock,
such payments to be considered part of operating
expenses of the Railroad companies. :
Controlled by the Maine Central R. R. Co
through ownership of the entire $1,000,000
capital stock. :
Secured by a first mortgage on the freight and
paceenger terminals in the cities of, Portland,
outh Portland and Westbrook, Me., comprising
23 miles of main track, 9 miles of second track.
and 56 miles of sidings, including a belt railroad,
union passenger station, pene aay ware-
houses, storage buildings, round houses, etc.
and 534 acres of real estate.
Legal for Cal., Mass., Me., Mich., Minn., and
Original Market—$4,500,000 offered in Nov.,
1912, by F.S. Moseley & Co. and Kidder, Pea-
body & Co., Boston, and Kissel, Kinnicutt & Co.,
New York, at 92 and interest. my
Market.
Boston—Hayden, Stone & Co., W. L. Ray-
mond & Co., F. S. Moseley & Co., Kidder, Pea-
body & Co., Wm. A. Read & Co.
New York—Wm. A. Read & Co., Estabrook
& Co., Seasongood & Haas. :
‘ Portland, Me.—H. M. Payson & Co.
PORTLAND UNION RAILWAY STATION CO.
~ Sinking Fund 4s. Due Series ‘‘A,’”’ July 1,
‘1927. Series ‘‘B,” Jan. 1, 1929.—F.
Dated Series ‘“‘A’’ 1887; Series “B’’ 1889,,
Interest payable January and July 1, at Fidelity
Trust Co., Portland, Me. .
Authorized—$200,000 “A”; $100,000 “B.”.
Outstanding—$300,000. ~
Denomination—Coupon, $1,000,
Trustee—Boston Safe Deposit & Trust Co.,
Boston. aM .
Sinking Fund—$2,000 per annum for Series
“A” and $1,000 per annum for Series, “B” to be
applied to thé purchase of bonds.at 105 and in-.
terest; ‘if not so purchasable to be otherwise .
invested. Held for redemption of bonds on
Dee, 34, 1910, $108,518.75.
’ Control—See Terminal Co. 1st 4s, above.
‘Guaranteed principal and interest by the
Boston & Maine R. R. and, the Maine Central
R.R. Co. jointly. .
Security—A direct obligation of the company, |
but not secured by.a. mortgage. .
PORTO RICO RAILWAYS CO. ist 5s.
Nov. 1, 1936.—N.
Dated Nov. 1, 1906. . Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$2,806,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, . $500.
as to principal. - : san 8
Trustee—Montreal Trust Co., Montreal and
Halifax, Canada. : ss :
Redeemable at 105 and interest any interest
date. ?
Sinking Fund—Annually 1% of bonds issued
plus interest on bonds cancelled for the purchase
or redemption of these bonds at not exceeding 105 -
and interest, Bonds so acquired cancelled. J
Organization—Incorporated in Canada in
Due
Registerable
684
1906 and has acquired the San Juan Light &
Transit Co., Porto Rico Power & Light'Co. and
Caguas Tramway Co., controlling the electric
tailway and electric light and power business of
San Juan, San Turce and Rio Piedras, together
with the lighting systems of a number of cities
and towns in the east end of the Island.
Secured by a first mortgage on the electric
railway, lighting and water power business in
the city of San Juan, Porto Rico and also San
Turce and Rio Piedras, including nine miles of
electric road from San Juan to Rio Piedras and
an 18 miles extension, operated by steam-meter
gauge, from Rio Piedras to Caguas. Population
served‘150,000.| Franchises expire well beyond
the maturity of the bonds.
Underlies—$1,289,000 ‘Gen. 5s.
Net Earnings, 12/31/14 $376,979
,,dnterest.... eee eee ee eee 188,957
This issue... ee : 21,105
isted ‘on the Montreal and Toronto Stock
xchanges.
‘ Original Market—Offered by the Union Bank
of Halifax, J. C. Mackintosh & Co., Halifax and
St. John and by the Royal Securities Corp.,
Montreal.
Market.
Montreal—Royal Securities Corp., Ltd.,
aes Thompson & Co., Ltd., Eastern Sec. Co.,
td.
Toronto—A. E. Ames & Co.’
New York—Slattery & Co.
Halifax—H. M. Bradford.
PORTO RICO RAILWAYS CO. Ref. Gen. 5s.
Due May 1, 1962.—N. 4
Dated May 1, 1912. Interest payable May
i.and Nov. 1, at Trustee’s office or London.
Fixed exchange rate $4.863¢ to the £.
Authorized— £1,500,000.
Outstanding— £265,000 ($1,289,000). _
Denomination—Coupon, £100. Registerable
as to principal. eo we
Trustee—Montreal Trust Co., Montreal.
_Redeemable as a whole or in part, for the
Sinking Fund at. 105 and interest any time.. |
- Sinking Fund—Annually 1% of bonds issued
on and after Nov. 1, 1937, plus ixterest
on bonds redeemed to be applied to the
purchase or redemption of these bonds at not
exceeding 105 and interest. .
Secured by a mortgage on all the property of
the company, subject to 1st 5s, see above.
Prior Liens—$2,806,000 1st 5s of 1936, for the
retirement of which bonds of this issue have been
reserved.
Original Market— £200,000 offered May, 1912,
at £92 10s per £100 bond by the Royal Securities
Corp., London and Montreal.
Market. :
Montreal—Royal Securities Corp., Ltd.
New York—Slattery & Co.
Halifax—H. M. Bradford.
PORTSMOUTH & SUFFOLK WATER CO. 6s.
_ Due June 30, 1927.—N.
‘Dated July 1, 1897. Interest payable Jan.
and July 1, at Farmers’ Loan & Trust Co.,
Pittsburgh, Pa.
Authorized—$500,000.
Outstanding—$232,000.
ce ee Loan & Trust Co., New
ork.
Redeemable at 110 and interest. |
Control—Absorbed in 1902 by the Portsmouth,
Berkeley & Suffolk Water Co. The American
Water Works & Electric Co. owns the entire
capital stock. 3
Secured by a second mortgage on principal
Part of plants mapplying Water to Portsmouth
and Suffolk, Va. Population served, 55,000.
Underlies—-$1,221,500 P. B. & S. Water Co. 5s.
Prior Liens—$9,500 P. & S. 1st 6s.
$167,015
102,340
Net Earnings, 4/30/13
is 41,265
Interest.....
This issue..... aide eas
Market.
Baltimore—Middendorf, Williams & Co.
New York—S. H. P. Pell & Co.
Richmond—John L. Williams & Sons.
PORTSMOUTH, BERKELEY & SUFFOLK
WATER CO. 5s. Due Nov. 1, 1944.—N.
Dated Nov.1, 1904. Interest payable May
and Nov..1, at Equitable Trust Co., New York
Authorized—$2,500,000.
Outstanding—$1,221,500. : deh
Denomination—Coupon, $500 and $1,000. ...
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest to Nov. 1,
1914 and at par and interest thereafter.
Organization and Control—See P. & S. W.
63 above. . ;
Secured by a mortgage on water rights capable
of developing a supply of over 50,000,000 gallons
per day; three pumping stations; filtration plant
of 6,000,000-gallon capacity; 132 miles of pipe
and other property of the company. The com-
pan. pe water to Portsmouth, Suffolk,
Berkley Ward of the City of Norfolk, Washington
Branch District of Norfolk County and Western
Branch: . District of Norfolk County. Further
secured by deposit of $250,000 Portsmouth
Surburban Water Co. 1st 5s of 1934... Population
served 75,000. Franchises are exclusive in the
cities mentioned.
Prior Liens—$241,500 6s of Portsmouth &
Suffolk Water Co.; $65,000 Nansemond Water
Co. 6s of 1919 and. $250,000 Portsmouth Sub-
urban Water Co. 1st 5s of 1934.
Net Earnings, 4/30/13........... $167,015
Interest on bonds............ «e+. 102,340
Market.
Portland, Me.—H. M. Payson & Co.
6 Boston—RH. C. Spiller & Co., F. W. Mason &
0.
PORTSMOUTH, DOVER & YORK STREET
RAILWAY Ist 444s. Due June 1,1923.—N.
Dated June 1, 1903. Interest payable June
aoe Dee. 1, at State Street Trust Co., Boston,
ass. ~ 3
Authorized—$650,000.
Outstanding—$450,000.
Denomination—Coupon, $1,000.
‘Trustee—State Street Trust Co., Boston, Mass.
Redeemable at 105 and interest.
Control—Absorbed in 1911 by the Atlantic
Shore Ry., which operates a total of 95 miles of
road, from Portsmouth, N. H. to Saca, Me.,
forming part of a chain of electric railway lines
from Boston to Portland. ae Pe
Secured by a mortgage on 42 miles of electric
railway connecting Portsmouth, N. +» With
Kittery and Dover, N. H. and South Berwick
and York Beach, Me. Population served, 38,000.
Prior Liens—$57,000 2nd 5s of 1925 and $200,-
Hy Foramauth, Kittery & York St. Ry. 1st 6s
oO ‘i
Underlies—$150,000 Gen. 5s of 1931 and
$641,750 Ref. Income 4s of 1941 of the Atlantic
Shore Ry. Co. Bonds are reserved under the
latter mortgage for the retirement of this issue.
Net Earnings, 12/31/14
Interest, taxes, etc..... 94,399
Market.
Boston—H. C. Spiller & Co., F. W. Mason &
0.
Portland, Me.—Maynard S. Bird & Co.
PORTSMOUTH (N. H.) GAS CO. Ist 5s.
April 1, 1931.—F. :
Dated April 1, 1911. Interest payable April
and Oct. 1, at International Trust Co., Boston.
Authorized—$200,000. 2
Outstanding—$130,000.
Denomination—-Coupon, $500.
Due
685
Trustee—International Trust. Co.,
ass. |
Redeemable after April 1, 1916, at 102 and
interest.
Organization Incorporated in Maine.
Secured by a first mortzage on plant supplying
Gb Portsmouth, Population. served,
; Market.
New York—P. W. Brooks & Co.
Boston,
(THE) PORTSMOUTH (OHIO) GAS CO. Ist
6s. Due Sept. 1, 1929.—
Dated Sept. 1, 1899. ae a payable March
eee eoeemmnee i, at Union Trust Co., Detroit,
ich.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
’ Trustee-—Union Trust Co., Detroit, Mich.
Control—All of the stock is owned by the
National Gas, Electric Light & Power ‘Co.
Secured by a first ‘mortgage on: distribution
plant, ‘including 43 miles ‘of mains, supplying
natural gas to Portsmouth; Ohio. Gas is pur-
chased from the United Fuel Gas Co. Popula-
tion served, 20,000. Franchise expires July
1, 1984,
” Net Earnings, 12/31/14.......... - $12,002
Interest 12,000
\__ Market.
Philadelphia—Bioren & Co:
eBbeese Ue: Warren "&, Chandler.
PORTSMOUTH, GREAT FALLS: & CONWAY
-{s RAILROAD CO. Ist 434s.: Due June 1,
1937.—N.
See Map 12. mo 2 wg .
Datéd June 1, 1877. Interest payable June
and December 1, at Boston & Maine, Office,
Boston. a
’ Authorized and Outstanding-—$1, 000, 000. .
Denomination—Coupon, $500 and $1, 000.
Trustees—George E. B. Jackson, and Edward
W. Hooper. :
‘Control— Absorbed by Boston & Maine R. R.
“Apeumed by Boston & Maine 'R. R. Co. '
Secured by a first mortgage on (2) 73 miles
of road from Conway Jct., Me. to N. Conway, 'N.
H. These bonds are outstanding at the rate of
$18,500 per mile. -
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., N. H., N. J., N. BR. I. and Wis.
‘Listed on the Boston Stock Exchange.
| Market. en
_ -Boston—Geo. A. Fernald & Co., R. L. Day 6
Co., Estabrook & Co., .N. W. ‘Harris & Co.
New York—Curtis & Sanger, Blodget & Co.,
Estabrook & ‘Co., Harris, Forbes & Co. <
" Chicago—Harris Trust & Savings Bank.
PORTSMOUTH, KITTERY & YORK STREET
_+RAILWAY Ist 6s. Due March 1, 1917.—N.
Dated March 1, 1897. Interest payable March
Soe « 1; at "Waterville Trust Cay», Water-
ville, i
Y Aithorieed and Outstanding—$200, ‘000
Denomination—Coupon, $500 and "$1,800. °
Trustee— Waterville Trust Co., Waterville, Me.
Redeemable at any time at 105 and interest.
Control—Absorbed by. Atlantic Shore Ry.
Secured by a first mortgage on 16 miles of
street railway track in Portsmouth, N. H. and
vicinity...
Underlies—$450, 000 1st 4s of 1923 and
$57,000 | ead me of 1925, of the Portsmouth, Dover
& York St. Co. and $150,000 Gen. "bs and
$641,750 Ref. Teme 4s of 1941 of the Atlantic
Shore Ry. Co... Bonds are reserved under, the,
latter mortgage to ce aes bonds. ...
Net Earnings, 12/31/14........ ei $62, 086
Interest, taxes, ete...... ‘i , 94,399
Market. 2 see Wont
a W. Mason & Co., H. C. ee
0.
PORTSMOUTH (OHIO) ST. RAILROAD &
LIGHT CO. 1st 6s. Due $25,000 each
“July 1 to 1934 and $75,00@ in 1935—N.
Dated July 1, 1914, Interest ate Jan. 1
and July 1 in New York.
Authorized and Outstanding—
. Denomination—Coupon, $100, ae a 31, 1,000.
Trustee—Guaranty Trust Co., New York
Redeemable on any interest date at 102%
and interest.
Organization—Inco iporated in Ohio in 1893.
Leases 2 miles of road, and proposes; to extend
its line (with proceeds ‘of this issue)’ from Ports-
mouth to Ironton, 22 miles. Ironton is a city
of 15,000 people.
Secured by a first mortgage on 12 miles of
street railway track in and around Portsmouth,
Ohio, and on plant supplying electricity in that
city -and_ vicinity. Population. served ., 30,000.
Street railroad franchise in Portsmouth. xpires
in 1937 and electricity in 1939. Franchise in
Sciotoville expires in 1931. ,
Net Earnings, 12/31/13 ,. $98,383
Interest on this issue............. 0,
Original) Market—Offered_in Jan., ots, by
John Nickerson, Jr., New York, and St. Louis
at 101 and interest. 2 5
Market. ‘
New York—H. L. Cawford & Co.
Philadelphia—Oscar R. Dare.
Wilmington, Del,—Laird & Co.
(THE) POSTAL TELEGRAPH-CABLE CO.
OF TEXAS Ist 5s. Due Jan. 1, 1928.—N.
Dated Jan. 1, 1898. - Interest‘ payable Jan.
ne July 1, at Old Colony Trust Co., Boston,
ass.
Authorized—$2,000,000. -
Outstanding—$766, 000.
Held in Sinking Fund—$423, 000.
Denomination—Coupon, $1,000.
as to principal.
. Trustee—Old Colony Trust Co., Boston, Mass.
‘Sinking Fund—Began Jan. 1, *1903 24 %‘of
outstanding bonds for their ‘purchase or redemp*
tion at not over’110'and interest.
‘ Organization—Incorporated in Texas in 1896.
Secured by a first mortgage on an independ-
ent telegraph system’ in Texas, Arkansas, Okla-
homa, Missouri, Kansas ‘and western part, of
Louisiana.
Market.
New York—J. H. Becker & Co., F,. H. Hatch
& Co., Hartshorne & Battelle.’
POTOMAC ELECTRIC POWER CO. Ist 5s.
Due June 1, 1929.—F.
Dated June 1, 1904. Interest payable June
and Dec. 1, at Commercial Trust Co. of New
Jersey, Jersey a N. J.
Authorized—$4,000,000.
Outstanding—$1 700, 000 ee mortgage)...
Denomination—Coupon, $1 1,000.
ese Traet Co. of New Jersey,
Jersey, City, N. J..,, an
Redeemable on any interest date at 110 and
interest on three months’ notice.
Guarantee—Junior issue is guaranteed prin-
cipal and interest by Washington Ry. & Elec. Co.
Organization—Incorporated in the District of
Columbia in_1896. In 1902 acquired the prop-
erty of the United States Electric Light Co. and
in 1912 acquired the capital stock of the Great
Falls Power Co. owning undeveloped water
power at the Great Falls on the Potomac River.
Also owns jointly with the Georgetown Tenally-
town R. R. Co., $100,000 of the $250,000 capital
stock of the Washington & Rockville Ry. Co.,
which owns 1114 miles of track. The..company
sells power to the Washington Ry. & Electric Co.
686
"Registerable
Controlled. through ownership of entire $6;-
000,000 capital stock by the, Washington Ry. &
Electric Go., which company is controlled by
the Washington Utilities Co.
Secured by a first mortgage on two power
plants and eight sub-stations with a combined
capacity of 47,000 h.p. and distribution system
supplying Washington, D. C., and vicinity with
electric light and power. Population- served,
$875,000 Franchises are perpetual. ’
Underlies—$5,030,000 Cons. 5s of 1936, which
mortgage provides for the retirement of this issue.
Net Earnings (after depreciation),
UZ/BL/TA. eens aya
Tnterest:. iawn iret he ees 338,611
Original Market—Offered in 1904 by Eversz
& Co., Chicago, at 101 and interest.
: Market. -
Philadelphia—Brown Bros. & Co., Henry &
‘Weast,-S. K.-Phillips.. -
Chicago—Eversz & Co.
Washington—Crane, Parris & Co.
- Baltimore—Alex. Brown & Sons.
New York—Brown Bros. & Co., Kirkpatrick
& Lewis. ;
POTOMAC ELECTRIC POWER CO. Cons. 5s.
Due July 1, 1936.—F. i
‘ Dated June 30, 1906. Interest payable Jan.
and July 1, at Trustee’s office.
« Authorized—$7,000,000.
Outstanding—$5,300,000. —
Held in Sinking Fund—$250,000 and $211,000
Wash. Ry. & Elec. Co. Cons 4s 1951.
Denomination—Coupon, $1,000. Registerable
asto principal, © —
Trustee—Commercial Trust Co. of New Jersey,
Jersey City, N. J. ae
Sinking Fund—From Jan. 1, 1908, 2% an-
nually of .outstanding bonds, plus .interest on
bonds acquired, such sums to be used from time
to time by the Trustee as authorized by the
Board of Directors, to purchase bonds of this
issue, First Mortgage bonds of Cons. 4s of the
Washington Ry. & Elec. Co. First Mortgage
bonds acquired are to be exchanged for bonds
of this issue. Cons. 4s may be sold and pro-
ceeds invested in bonds of this issue. Bonds of
this issue and first mortgage bonds are to be held
alive, but are not negotiable. ne
Guaranteed principal and interest by the
Washington Ry. & Electric Co. ;
Organization and Control—See 1st 5s above.
Secured by a mortgage on the entire property.
See 1st 5s above. .
Prior Liens—$1,700,000 1st 5s of 1929, for the
retirement of which bonds are reserved under
this mortgage. ‘
Earnings—See 1st 5s.
Original Market—$1,300,000 offered in 1906
by BrownBros. & Co., New York, Philadelphia’
and Boston, at 99 and interest.
Market.
Philadelphia—S. K. Phillips, Henry & West,
C. Clothier Jones & Co., Brown Bros. & Co.
Baltimore—Nelson, Cook & Co., Alex. Brown
& Sons, Jenkins, Whedbee & Poe.
Washington—Crane, Parris & Co. .
ghee York—Brown Bros. & Co., Kirkpatrick
wis.
POTOMAC VALLEY RAILROAD CO. Ist 5s,
Due Jan. 1, 1941.—-N.
See Map 88. ’
Dated January 1, 1891. Interest payable Jan.
and July 1, at Bankers’ Trust Co.,.New York,
and at Baltimore.
Authorized—$2,000,000.
Outstanding—$1,300,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. _
. Trustee—Mereantile Trust & Deposit Co.,
Baltimore. sed
Sinking Fand—Annually seven-tenths of 1%
of: the bonds outstanding shall be,:held bythe
company. and invested by it to.secure the pay-
ment of principal and interest of these bonds:
Control—Absorbed by the Western Maryland
y- Co. Br ast
Assumed by the Western Maryland Ry. Co.
Secured by a direct first mortgage on (7) 15
miles of, road from Potomac Valley. Jct., Md., to
Cherry- Run, W. Va.; and’a first lien on (8)-17
miles from Porter Jct. to York, Pa., by the deposit
of the entire issue of Baltimore & Harrisburg,
Eastern Extn. Ist 58, and capital stock. These
bonds are outstanding at the rate of $$40,000
per mile. ;
Underlies—$46,625,000 Western Maryland
R. R. 1st 4s of 1952. Bonds are reserved under
that mortgage for the retirement of this issue.
Net Earnings, (W. M. Ry. Co.),
SG ABO STE cosa cvcsne Soi sod nari $25,408*
Interest... iaiots x 2,689,298
This issue...... eg or 715,704
-*Average annual surplus above ‘interest
charges for seven years from 1906-7 to 1912-13,
not including 1913-14, $256,000.
Listed on the Baltimore Stock Exchange.
: Market.
Baltimore—Baker, Watts & Co., John D.
Howard & Co., Hambleton & Co., Jenkins,
Whedbee & Poe, Riggs & McLane, Strother,
Breeden & Co., Townsend Scott & Son, Sutton
oO.
New York—Bigelow & Co.; Gilman’ & Clucas,
Spencer Trask & Co.,J. H: Becker & Co., Brown
Bros. & Co., Daniel H. Kiely. . t :
POTOSI & RIO VERDE RAILWAY ist 6s.
Due Oct. 1, 1918.—F.
Dated Oct. 1, 1898. Interest payable April
and Oct. 1, at office of Company in New York,
Authorized—$15,000’per ‘mile of road.
Outstanding—$522,000.
Held in Sinking Fund—$78,000. '
Denomination—Coupon, $1,000.
as to principal. . ;
Trustee—Guaranty Trust Co., New York.
Redeemable on any interest date at 110 and
interest. '
. Sinking Fund—5% of gross earnings per annum
to'be invested in bonds at not exceeding 110 and
interest. Bonds so acquired are kept alive and
interest’ applied in like'manner. — :
Guaranteed'as to principal and interest by
Compania Metalurgia Mexicana. ©
Organtzaticn and Control—Incorporated under
the laws’ of New York and received -a special
charter from the Mexican Gov’t. Company is
exempt from taxes and import duties for 15
years and has concessions to 1985, when the road
will become the property of the Mexican Gov’t.
* Secured by a first mortgage on 38 miles of
Tailroad from San Luis Potosi to Ahuacatal,
Mex., at the rate of $15,800 per mile.
Market.
New York—Berdell Bros.
Registerable
POTTSVILLE & READING RAILWAY Ist 6s.
Due Feb. 1, 1925.—F. : ‘
Dated Feb. 1, 1895. Interest payable Feb.
and Aug. 1, at Real Estate Trust Co., Phila-
delphia.
Authorized—$100,000.
Outstanding—$99,000. . R
Denomination—Coupon, $1,000. Registerable
as to principal. i ae
Trustee—Real Estate Trust Co., Philadelphia.
. Organization and Control—Controlled through
stock, ownership by the East. Penn. Rys. Co.
Secured by a first mortgage on six miles of
electric railway located in and near Pottsville,
Pa. Population served, 30,000.
- Underlies—$3,257,000 Eastern Penna. Ry. Ist
5s of 1936 under which mortgage bonds are
reserved to retire this issue.
687
Net Earnings, 2/28/14.......... _ $828,871
Interest and rentals............ 220,826"
MBs IGSUe 654i 6 exces cea. Bedarate ss ae 45,427
Market. a :
Philadelphia—Robert D. Ghriskey & Co.,
Brown Bros. & Co.
‘POUGHKEEPSIE CITY & WAPPINGERS
oe ELEC, RAILWAY lst 58. Due
Dated July 1, 1894. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized—$500, 000.
Outstanding—$341,000.
Retired by Sinking Fund—$60,0
Denomination—Coupon, $1, 000. “Rogiaterable
as _to principal.
Trustee—Central Trust Co., New York. .
Sinking Fund—1% per annum, purchases
bonds at. not over 110.
Organization—Incorporated 1893, as a con-
solidation of various street railway ‘lines in and
suburban to Poughkeepsie.
Secured by a first mortgage on property and
franchises of company. Population served
about 35,000. Franchises perpetual.
Underlies—$117, 000 2d 6s due 1937.
Net, earnings: 6/30/14
_ Interest... Pret er ee ee
New York—Kirkpetriele “g Lewis.
$74,667
36,499
POWELL RIVER CO., LTD. 1st Mortgage 6s.
Due annually each Jan. 1 as follows:
1916, $150,000; 1917 and 1918, $200,000;
1919" and 1920, $250,000; 1921 to 1923,
$300,000; 1924 to 1927, $350,000.—N.
Dated January 1, 1913.. Interest payable Jan.
and July 1, . ‘Cont'l & ‘Com’. Trust & Savings
Bank, Chica .
‘Authorized—$5, 000,000.
Seed ene 350, 000.
Retired—$150,0 .
Denisisinatlon' Cogan: $1,000 and $500.
Registerable as to principal.
Trustee—Dominion Trust Co., Ltd.,
couver, B. C.
_ Redeemable after Jan. 1, 1915, at 105 and
interest.
Sinking Fund—$2 for each 1,000 feet of all
timber cut; this fund to be applied | to the retire-
ment of this issue.
Guaranteed principal and interest by D. F.
Brooks, A. S. Brooks and M. Scanlon by
endorsement. “This guarantee represents a net
worth, not, including their interest in the prop-
erty of over. $5,000,000.
Secured by a first mortgage on all the property
of the company icant townsite dot). includ-
ing a hydro-electric plant of 24,000 h. p., with
ultimate capacity of 34,000 eee fire-
proof concrete paper mill and a modern ground
wood and sulphite pulp mill; leasehold rights in
over 135,000 acres of timber’ land, on which are
located over four billion feet of saw timber
and vast additional amount of pulp wood timber
and about 2,400 acres of land owned in fee
on both sides of Powell River. The above
property is stated to be valued at $9,000,000.
The unissued $1,500,000 can be issued at not
over 50% of cost of new property. The com-
pany is one of the largest manufacturers of
newsprint paper on the American continent.
The plant is located at Powell River, British
Columbia, about 80 miles north of Vancouver.
Favorable tidewater location of property enables
company to manufacture and market product
at a low cost. The leases run for 21 years from
1907 and are renewable for similar periods on
the terms which may prevail at the date of ex-
piration of the present lease. The company
pays the Government under present lease 2c.
per acre annually and royalties of 50c. per 1,000
Van-
feet of saw timber, and about 32c. per 1,000 feet
of:‘timber used for pulp wood.
Net Earnings, 12/31/13......... $649,138
Interests. «sis ssacsiicis go 83 veut need 162,242
Original Market—$3,500,000 offered at 100
and interest in January, 1918, by the Continental
& Commercial Trust & Savings Bank, and
McCoy & Co., Chicago, and a Mississippi
Valley Trust Co., St. Louis, A. B. Leach & €o.,
Chicago, New York and Boston.
Market.
' Chicago—McCoy & Co.
St. Paul—Stevens, Chapman & Co.
Minneapolis—Stevens, Chapman & Co.
PRESCOTT & EASTERN RAILROAD CO. Ist
5s. Due April 1, 1928.—N.
See Map
Dated R oril 1, 1898. Interest payable April
and Oct. 1, at Central hd Ca.
Authorized—$500,0
Outstanding—$224, 000. $135,000 are owned
by the A., T. & 8. F. Ry. Co. ‘eh
Denomination—Coupon, $1, 000.
Trustee—Central Trust Co. of New York.
Control—Absorbed. by the California} Arizona
& Santa Fe Ry. Co., which is controlled through
stock ownership by the Atchison, \Tdpeks &
Santa Fe Ry. Co..
Secured by a first mortgage on (3) 26 miles of
road from Prescott & Eastern Jet. to Mayer,
Ariz. These bonds ‘are outstanding at the rate
of $8,600 per mile.
-Underlies—$18, 300, 000 A, T. & S&F Ry.
Cal.-Ariz. lines ist & Ref. 434s. Bonds are
reserved under.that mortgage for the retirement
of this issue.
PRESCOTT GAS & ELECTRIC CO. Ist 6s.
Due July 1, 1940.
Dated July 1, 1910. Interest payable Jan.
and July 1, at W. P. Bonbright & Co., New York,
Colorado Springs, and London. °
Authorized—$500,000.
Outstanding—$250, 000.
Denomination—Coupon, $500 and $1,000.
Trustee—Columbia Trust Co., New York.
Redeemable at 105 and interest.
Sinking Fund—May 15, 1915 to 1919, 1% aes
annum of all bonds issued; 1920 to 1939, 2% pi
6% on all bonds cancelled.
-Guaranteed principal and interest by the
Arizona Power i
Organization and Control—Incorporated June
1910, in Maine. Purchased from the Prescott
Elec. Co. plants furnishing, light and power
to Prescott, Ariz. Controlled by the Arizona
Power Co.
Secured by a first mortgage on company’s
Property. Supplies electricity and gas to Pres-
cott, Ariz. Serves population (1910), 5,092.
Franchises expire 1962.
Net Earnings, 12/31/14.......... $21,643
Bond interest..........-.....055 15,000
Market.
New York—Wnm. P. Bonbright & Co.
TREE eS & CO., LTD., 1st 5s. Due Nov.
1,
Dated Nov. 1, 1910. Interest bgaveniy May
1 and Nov. 1, at Bank of Montrea!
Fixed rate of er checeS $4.8634 to the £1.
Authorized—$6,000, Oak
Outstanding—$5,804,8638.
Pledged as Collctersl $194,
Denomination—Coupon, 3100" $600 and $1, 000.
Also £20, £100 and £200. Registerable as to
principal.
‘ Trustee—Montreal Trust Co., Montreal.
Redeemable at 402 ¥ and interest as a whole
on and after Nov. 1, 1915, and in part for sinking
fund on and after iiay 1, 1915.
Sinking Fund—Beginning May 1, 1915, and
688
annually thereafter 2% of bonds issued plus
interest on bonds redeemed through sinking fund.
Organization—Incorporated 1904 in Quebec,
Canada. ; ;
Secured by a first mortgage on all property of
the company now owned and hereafter acquired,
including about ‘4,175,000 acres of timber and
pulp-wood -lands located in the Province of
Quebec. Lands contain 3,000,000,000 feet of
standing timber and about 20,000,000 cords of
pulp-wood, also about 15 mills, warehouses, em-
Ployees dwelling houses, logging railroad with
equipments, power plants, etc. Plants and
properties fully insured against fire. Insurance
policies deposited behind this mortgage.
Net Earnings, 11/30/14......... $692,830
TWCGR ESE: dee 3 a tayats ioe h-ceutti otto ‘459,051
Listed on the Montreal Stock Exchange.
Original Market— £1,000,000 offered in Nov.,
1910, by Royal Securities ee Montreal,
Toronto, etc., and Parrs Bank, London, at 86
and interest.
Market.
Monftreal—Royal Securities Corp., Ltd., Mc-
Cuaig Bros. & Co., Canada Securities Corp.,
Hanson Bros., N. B. Stark & Co., Eastern Sec.
Corp., Ltd., Nesbitt, Thompson & Co. ~ :
Toronto—G. A. Stinson & Co. ;
Halifax—H.' M. Bradford.
PRINCETON & NORTHWESTERN RAILWAY
CO. 1st 344s. Due Jan. 1, 1926.—N.
See Map 26. =
Dated Jan.:1, 1901. Interest payable Jan.
and July 1, at Chicago & Northwestern Com-
pany’s office, 111 Broadway, New York.
Authorized—$2,100,000.
Outstanding—$2,100,000. $160,000 held in
sinking ‘funds under various mortgages of the
C. & N. W. Ry. Co. : .
Denomination—Coupon, $1,000. Fully regis-
terable. Registered $1,000, $5,000 and $10,000.
wee ee Loan & Trust Co., New
ork,
Control—Absorbed by the Chicago & North
Western Ry. Co.
Assumed by the Chicago & Northwestern Ry.
‘0.
Secured by a first mortgage'on (11) 100 miles of
road from Princeton to Marshfield, Wis., and
branches to Nekoosa, and Red Granite, Wis.
These bonds are outstanding at the rate of
$21,000 per mile. is :
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., N. H.,N.J., N.Y., R.1L.,Vt. and Wis.
Original Market—$1,940,000 offered in July,
1901, by Kuhn, Loeb & Co., New York, at a price
to net 3.30%. © — ;
i Market.
ee L. Day & Co., N. W. Harris &
‘o., Inc. 5
New York—Estabrook & Co., Douglas Fen-
wick & Co., Struthers & Hiscoe, Coffin & Co.,
Curtis & Sanger, Seasongood & Haas, Did-
tichsen & Co. ‘
Chicago—Harris Trust & Savings Bank.
PRINCETON LIGHT, HEAT & POWER CO.
o "1st _& Ref. 5s. Due Feb. 1, 1939.—F. _-
-Dated Feb. 1, 1909. Interest payable Feb.
and Aug. 1, at Equitable Trust Co., New York.
> Authorized—$250,000.
Outstanding—$169,300 ($1,900
Public Service Corp. of New Jersey).
Denomination—Coupon, $100 and $1,000 or
fraction thereof.
Trustee—Equitable Trust Co., New York.
, Redeemable on any interest date at 105 and
interest.
_ Sinking Fund—4% per annum of gross earn-
ings from 1910. a
Guarantee—$164,400 are guaranteed principal
ie interest by Publie Service Corp. of New
ersey.
owned by
Organization and’ Control—Incorporated in
New Jersey in 1905 as a consolidation of the
Princeton Gas Lt. Co., Princeton Elec. Light
Works and the Hopewell Elec. Lt., Heat & Power
Co. Controlled by the Public Service Corp. of
N. J. through ownership of $115,850 of the
$122,500 stock, which company also leases the
property for 900 years at a rental equal to the
interest on outstanding bonds and 2% per annum.
on stock.
Secured by a mortgage on plants supplying
electricity to Princeton, Hopewell, Monmouth
Jct., N. J., and vicinity, and gas to Princeton.
Population served,. gas, 7,000; electricity, 14,000.
Prior Liens—$15,000 Princeton Gas Lt. Co.
bonds. Bonds of this issue are reserved to re-
tire these prior bonds at maturity.
Market.
- New York--John W. Christiansen, W. E. R.
Smith & Co. . er ee
Philadelphia—Robt. Glendinning & Co.,
Borden & Knoblauch.
PRODUCERS TRANSPORTATION CO. Ist.
5s. Due 1921.—F.
Interest payable Jan. and July 1, at Kountze
Bros. & Co., New: York. :
- Authorized—$3,500,000. |
Outstanding—$2,806,000 ($1,186,000 owned by
Union’ Oil Co. of Cal:.). ‘ y
Denomination—Coupon, $1,000.
Guaranteed by the Union OiliCo. of California.
Control—Maijority of the stock is owned by
Union Oil Co. of California. General Petroleum
Co. has option to purchase controlling interest
of the latter. J
' Secured by a‘ first mortgage on 200 miles of
oil pipe line extending from the San Joaquin
Valley Oil Fields to the tidewater terminals at
Port Harford ‘with about 50 miles of feeding
lines, also upon fifteen pumping stations, steel
tanks, etc. a ts
Net Earnings, 12/31/14....... $2,017,446
Interest Charges.............. 118,392
Original Market—Offered to stockholders of
Union Oil Co. at par with 100 % bonus of stock.
Market.
San_Francisco—Torrance, Marshall & Co.,
Wm. R. Staats & Co.
Los Angeles—Wnm. R. Staats & Co., Blanken-
horn & Rath.
New York—E. F. Hutton & Co.
PROSPECT PARK & CONEY ISLAND RAIL-
ROAD CO. Income 6s. Due May 1, 1920.—
Dated 1880. Interest payable May and
Nov. 1. (These bonds are receiving full interest.)
Authorized—$250,000.
Outstanding—$250,000 ($171,200 owned by
Long Island R. R.). .
ane coupon, $50, $100, $500 and
Organization and Control—Controlled by the
Long Island R. R. through ownership of $172,600
of the $250,000 stock. Leased in 1899 for 999
years to the Brooklyn Heights R. R. which
company later: assigned the lease to the South
Brooklyn Ry. Both of these companies are sub-
sidiaries of the Brooklyn Rapid Transit Co.
The annual rental is $45,000. .
Secured by a third mortgage on the line of the
company, comprising 9}4 miles of main track,
9 miles of second track and 8}4 miles of sidings,
Prior Liens—$700,000 4 4s and 6s.
Market.
New York—F. J. Lisman & Co., H. G. Einstein
& Co., L. F. Hepburn.
PROSPECT PARK & CONEY ISLAND RAIL-
ROAD CO. 2nd (now Ist) 414s and 6s. Due
Feb. 1,1926.—N.° | :
Dated Jan. 18, 1886.
Interest payable Feb. 1
689
ae je 1, at U. S. Mortgage & Trust Co., N ew
ork.
These bonds were originally issued as 6s, but
$340,000 were reduced-to 414% in consideration
of a guarantee as to principal and interest by the
Long Island R. ~
Authorized—$500, 000
Outstanding—$340, 000 44s; $160,000 6s.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable.
Trustee—Bankers’ Trust Co.,,New York.
Guarantee——$340,000 4s are guaranteed as
e poneipal and interest by the LongIsland
. Oo. .
Control—See Prospect Park & Coney Island
Income 6s above.
Secured by a first mortgage on 91% miles of
main track, 9 miles of second track and 8% miles
of sidings. $80,000 ° the. 6% bonds are owned
by the Long Island R. R.
Underlies—$200,000 3d mtge. 4 Ys and 6s and
$250,000 Income 6s.
Market—6s.
New York—L. P. Hepburn, McGeorge &
Vanderhoef, Albert E. Yates, Jones & Lanman.
PROSPECT PARK & CONEY ISLAND RAIL-
ROAD CO. 3rd (now. 2nd) 44s and 6s.
Due Mar. 1, 1931.—F.
Dated 1891. Interest payable Mar. and Sept.
lat U.S. Mtge. & Trust Co., New York. .
Authorized—$200,000. .
Outstanding—$96,000 4%s and $104, 600 6s.
Denomination —Coupon, $1,000. Registerable
as to, principal and fully registerable.
Trustee—Bankers’ Trust Co., New York.
Guarantee—$96,000 4}¢s. guaranteed as to
principal and interest by the Long Island R. R.
Organization and Control—see above.
Secured by a second mortgage on the property
of the company See above.
Prior Liens—$340,000 2d. ‘Als and $160,000
2d. 6s.
Underlies—$250,000 6% Income Bonds.
PROVIDENCE & SPRINGFIELD: RAILROAD
Due July 1, 1922.—N.
See Map 85.
Dated July 1, 1892. Interest payable Jan.
and July 1, at Trustee’s office, Boston.
Authorized and Outstanding—$750,000.
Denomination—-Coupon, $1,000. Registerable
as to principal.
sntce= amen Loan & Trust Co., New
ork. —
Control—Merged into the New York, New
Haven & Hartford R. R. Co. on Oct. 30, 1905.
Assumed by the’ New York, New Haven’ &
Hartford R. R. Co.
Suen ed principal a ne interest by the New
York & N ngland R. R. Co., succeeded in
1895 by the. New England R. R. Co. Latter
eompany merged into a New York, New Haven
& Hartford R. R. Co.
Secured by a first ie te on (12) 28 miles of
main: track—Providence to Douglas, Jct., R. I.
at about $26,800 per mile.
Legal for Conn., Me. and Mas
Listed on the New \ York Stock ‘Exchange.
arket.
me York—F. HY Tiateh & Co., Tobey &
Kir
Providence—Hornblower & Weeks.
PROVIDENCE & TAUNTON Ist 5s. Due
Sept. 1, 1918.—N.
Dated 1898. Interest payable March and
Sept. 1, at American Trust Co., Boston, Mass.
Authorized—$200,000.
Outstanding—$150,000.
“Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston, Mass
Control—Absorbed by Globe St. Ry., now con-
solidated into: Ray State Street Ry., which in
turn is controlled by Massachusetts Electric Cos.
Secured, by a first mortgage on.14 miles of
electric railway lines extending from Taunton,
Mass. via Walker and Rehoboth. to the Mas-
sachusetts-Rhode Island State. line where con-
fection is afforded with a line to Providence.
Underlies—$7,445,000 Boston & Northern
Refunding 4s... ;
Market.
Portland, Me.—Fidelity Trust. Co... ~
Boston—Perry, Coffin & Burr. :
PROVIDENCE & WORCESTER RAILROAD
co. 1st oC Due Oct. 1, 1947.—N.
See Map
Dated Tine 1, 1897. Interest payable April 1
and Oct. 1, at Trustee's office.
Authorized and Outstanding —$1, 500, 000.
Denomination—Coupon, $1,0
Trustee—Rhode Island Heepital, Trust . Co.,
Providence, R. I.
Control—Leased to the N. Y., N. H. & HL
R. R. Co. for.99 years from: July 1,:1892 ata
rental, of 10% on $3,500,000 stock, interest, on
bonds and $6,000 annually for various organiza-
tion expenses. |
Secured by a first mortgage on (10) 44 miles s
road extending from, Providence, R. I.:
Worcester, Mass., together with a 7 mile teh
extending from East Providence, R. I. to Valley
Falls, R. I. These, bonds.are outstanding at
the rate of $30,000 per mile.
Legal for ie Fla., Me., Mass., Mich.,
Minn., N. H., N.J., R. \. and Wis.
Listed on the Boston Stock smaniaiaa
Market. .
Boston—R,. L. Day & Co.
New York—Plympton, Gardiner & Co.
PROVIDENCE, FALL RIVER & NEWPORT
- STEAMBORD CO. Ist 5s. Due June 1,
Dated June 1, 1896. Interest payable June
and Dec. 1, at D. A. Pierce & Co., Providence,
“Authorized—$400,0 00.
Outstanding—$400,000 ($177,000 have been
purchased by the Trustee, but may be reissued
in payment for new boats or other property).
Denomination—Coupon and registered, $1,000.
Secured by a first mortgage on five steamboats
operating between Providence and Newport,
R. I., and Block Island, and upon a large portion
of the real estate owned by the company.
Listed on the Providence Stock Exchange. ,
Market.
Providence—Davis_ & Davis, eee M.
Dexter & Co., Inc., Hornblower & Weeks
PROVIDENCE SECURITIES CO. 502 Year Deb.
-4s. Due May 1, 1957.—F.
Dated May 1, 1967. Interest, payal able May
and Nov. 1, at Equitable Trust Co., New York,
and N. Y., N. H. & H.R. R. Ca, ata New
Haven.
Authorized—$19,910,000.
Outstanding—$19,899, 000.
Denomination—Coupon, $1,000.. Registerable
as to principal. . Registered, $10, 000. Registered
bonds exchangeable for Coupon Bond.
Redeemable at 105 and interest May 1, 1917
or any interest date thereafter on eight weeks’
notice.
igh age as to prineij
New York, New Haven
by endorsement.
Assumed by the New England Navigation Co.
Organization and Control—The Providence
Securities Co. was chartered in Connecticut in
1888 under the name of the New England Loan
& Trust Co., its name being changed from present
title on Jan. 11, 1907. In January, 1908, all its
assets and property were sold to the New Eng-
690
al and interest by the
e Hartford R. R. Co.
land Navigation Co.,; which, company, assumed
all its liabilities. Subsequently the properties
were transferred to the Rhode Island, Co., which
did not, however, assume these bonds. In 1914
all of the stock of the Rhode Island Co. and the
New England Navigation Co., were placed in
the hands of boards of trustees, who. are to sell
the stock before July 1, 1919, if possible. :
Security—A direct obligation, of the company
but not secured by a mortgage. The Securities
Co. was organized as, a subsidiary of the New
York, New Haven & Hartford R. R. Co. to ac-
uire the stocks and bonds of the Rhode Island
Securities Co., which. latter company had pur-
chased or leased a large street railway mileage
in the State of, Rhode Island. The Providence
Securities 4s were exchanged forthe stocks and
bonds. of the R. I. Sec. Co., which was dissolved.
The Providence Securities Co.’s operating sub-
sidiary is known as the Rhode IslandCo. The
latter which operates 346 ,miles of road (39
miles owned and 307 miles leased) is owned by the
i Mey H. & R._R. Co. through stock
ownership. This issue of debentures has however
been assumed by the N. E. Nav. Co. The Rhode
Island Co. operates in ‘Providence, Pawtucket,
Woonsocket, Central Falls and other cities and
towns in Rhode Island. Franchises Providence,
20 years from 1912, elsewhere mostly perpetual.
Listed on thé New York and Providence Stock
Exchanges. a .
Original Market—$3,500,000 offered in March,
1907, by Kissel, Kinnicutt & Co., and Clark,
Dodge & Co., New York, and Parkinson & Burr,
Boston and New York, at 88 and interest.
Market.
New York—Pendergast, Hale & Co., L. M.
Prince & Co., A. E. Fitkin & Co., Coffin & Co.,
Redmond & Co., McGeorge & Vanderhoef, Tobey
& Kirk, F. H, Hatch & Co., Clark, Dodge & Co.,
J..8. Bache & Co., E. & C. Randolph, Gilman
& Clucas, Bigelow & Co.
Boston—Burgess, Lang & Co.
New Haven—Kimberly, Root & Co., The W.
T. Fields Co., Clarence E. Thompson.
’ Providence—Davis & Davis, Edgar M. Dex-
ter & Co., Hornblower & Weeks, Providence
Banking Co.
Philadelphia—Henry & West.
PROVIDENCE TERMINAL CO. Ist 4s.
March 1, 1956.—F.
See Map 85. |
Dated March 1, 1906. Interest payable March
and Sept. 1, at New York, Boston and New
Haven. .
* Authorized—$7,500,000.
Ontstanding—$4,000,000.
Pr iammmin is e $1,000.
Trustee—Rhode Island Hospital Trust Co.,
Providence, R. I.
Control—Absorbed by the New York, New
Haven & Hartford R. R. Co.
Assumed by the New: York, New Haven &
Hartford R. R. Co. :
Secured by a first mortgage on (13) railroad
from the Union Station, Providence, to a con-
nection with the tracks.,of the Providence &
Worcester R. R. Co. at East Junction, ag
about three miles, which is double-tracked, and
on the terminal facilities and: passenger station
of said company at Providence, R. I., a tunnel
5,000 feet in length and a drawbridge across the
Seekonk River. This line affords the N. Y.,.N. H
.R. R. Co. a direct entrance into Providence
from Fall. River, New Bedford and other points in
south eastern Rhode Island and Massachusetts.
Underlies—$170,000,000 Debentures and notes.
Legal for Conn., Me., Mass. and Wis.
Listed on the New York Stock Exchange.
, Original Market—$1,000,000 offered in 1906
by the Rhode Island Hospital Trust Co. and
Richardson & Clark, Providence.
Due
Registered,
691
cos, 2 oo, Market. . an antler tee Jeet
Boston—R. L. Day & Co., Estabrook & Co.,
Merrill, Oldham & Co, ; ;
" New York—Remick, Hodges & Co.
PROVIDENT LOAN SOCIETY OF NEW YORK
Twenty-Year 414s. Due Sept. 1, 1921.—F,
Dated September 1, 1901. Interest payable
March and Sept. 1, at Society’s office, 346 Fourth
Ave., New York. ‘ :
Outstanding—$2;000,000.
Denontination—Coupon,
Registerable as to principal. aie
Trustees of Society—George F. Baker, Jr.
Charles’ F. Cox, Robert W. de Forest, Frederick
B. Jennings, George S. Brewster, Mortimer L.
Schiff, James Speyer, Otto T. Bannard, John 'D.
Crimmins, David H. Greer, V. Everit Macy,
Perey A. Rockefeller, William Sloane, William
Stewart Tod, Cornelius’ Vanderbilt, all of New
York, N. Y. me
Redeemable at 10214 and interest on three
months’ notice.
Organization—Incorporated in New York,
$500 and $1,000.
- Security—A direct obligation of the compan
but not a mortgage. Company operates -1
loaning offices in Greater New York. Bonds
were issued to provide funds to loan and to pur-
thase real estate.- The amount of bonds out-
standing cannot be issued in excess of four times
the amount of the certificates of contribution ‘of
the Society outstanding. The $4,000,000 cer-
tificates of Contribution which bear 6% annual
interest were mostly issued at par. The Society
owns buildings, unencumbered by mortgages at
4th Ave. and 25th St., 736 7th Ave., Lexington
Ave. and 124th St., 409 Grand St. and Courtland
Ave. and 148th St., New York and at 24 Graham
Ave. and Rockaway and Pitkin Ave., Brooklyn:
These buildings together with one at 186 Eldridge
St., Brooklyn, which is rented, are operated as
loaning offices. ; Nee
Net Earnings, 12/31/14 $906,654
ERGOT ES i sh. asgah-cd cache deed aati 466,086
Listed on the New York Stock Exchange.
Original Market—Speyer & Co.
Market.
New York—J. H. Becker & Co., F. H. Hatch
& Co., Speyer & Co., Kirkpatrick & Lewis,
Samuel Goldschmidt.
PROVINCIAL LIGHT, HEAT & POWER CO.
Ast 5s. Due Sept. 1, 1946.—F-. :
. Dated Sept. 1906. Interest payable . Mar.
and Sept. 1, at Trustee’s office, or at the Cana-
dian Bank of Commerce, New York.
_Authorized—$1,500,000. :
_ Outstanding—$1,315,000.
Retired by Sinking Fund—$64,000.
Denomination—Coupon, $1,000 or £200 9s 8d.
Trustee—National Trust Co., Montreal.
4 Redeemable at 105 and interest on any interest
ate.
Sinking, Fund—Annually 1% of outstanding
bonds from Sept. 1, 1911, to Sept. 1, 1928; 144%
thereafter, | . : .
Guaranteed as to principal and interest by
endorsement by the Mont. Lt., Ht. & Pr. Co.
under a contract which provides that during the
life of the bonds the guarantor will take the
power at such a price as will equa] operating.
expenses, interest and sinking fund charges. :
Organization and Control—Incorporated in
1901 as successor to the Canadian Electric Light.
Co. Company is controlled by the Montreal.
Light, Heat & Power Co., through ownership of’
$475,000 of the $500,000 stock... ni 7
Secured by a first mortgage on the company’s
property franchises, etc.’ Company owns rights
to use surplus water of the Soul Anges Canal,
Prov. of Que. The power is conducted to Mon-
treal by a high voltage transmission line. Fran-
‘
chises nominally expire in 1963, but may be
extended indefinitely.
Original Market—First offered by the Domin-
ion Securities Corp., Ltd., Montreal, at 102
and interest.
Market.
Toronto—Dominion Securities Corp., Ltd.
New York—Berdell Bros., Gude, Winmill &
Co.
Philadelphia—C. D. Barney & Co.
Montreal—C. Hallett & Co,
Providence—Miller & George.
PUBLIC SERVICE CO. OF NORTHERN ILLI-
NOIS ist & Ref. 5s. Due Oct. 1, 1956.—
Dated October 1, 1911. Interest payable ‘April
and Oct. 1, at Chicago.
Authorized—Unlimited. :
Outstanding—$9,728,000 ($5,409,000 addi-
tional. are pledged as collateral for 6% Notes
due 1916, and other notes.)
Denomination—Coupon, $1,000.
as to principal.
Trustee—Illinois Trust & Savings Bank,
Chicago.
Redeemable at 110 and interest on October 1,
1921, or on any interest date thereafter on 60
days’ notice.
Depreciation Reserve Fund—Annually, begin-
ning with December 31, 1917, a depreciation
reserve fund is to be maintained out. of earnings,
amounting to 2% of all bonds outstanding for
the previous six months, which are not issued to
refund underlying bonds protected by Sinking
Fund or Depreciation. Reserve provisions in the
mortgages securing them.
Organization—The company was organized
in 1911, and acquired the properties of the North
Shore Electric Co., the Economy Light & Power
Co., the Chicago ‘Suburban Light & Power Co.,
the Illinois Valley Gas & Electric Co., the Kank-
akee Gas & Electric Co. and the Northwestern
Gas, Light & Coke Co. The company operates in
13 counties in the northeastern part of the State of
Illinois, practically surrounding Chicago, having
a combined. aoe of 759,665 (1910 census—
Chicago excluded). he company serves gas,
electricity, heating and.domestic water to the
entire suburban territory tributary to the city
Evanston,
Heights,
Registerable
of Chicago., Includes Waukegan,
Maywood, Blue Island, Chicago
Harvey, Riverside, etc.
Secured by a first mortgage on all the property
formerly belonging to the Illinois Valley Gas
& Electric Co., the Chicago Suburban Light &
Power Co. and the Evanston Heating Co. Fur-
ther secured by deposit of $3,424,000 underlying
bonds (equal to about 18% of total outstanding
underlying bonds) Thus the mortgage here
described in addition to being secured by a
mortgage lien on all fixed property of the com-
pany, share in the lien represented by the depo-
sited underlying bonds.
Prior Liens—$18, 500, 000 Underlying divi-
sional bonds (including bonds of the North-
western Gas Light & Coke Co.), secured by mort-
gages on portions of the property. $3,424,000 of
these bonds are owned by the company and
pledged under this mortgage.
Net Earnings, 12/31/14....... $3,000,214
Fixed Charges............... 1,461,462
Listed on the Unlisted Dept. of the Chicago
Stock Exchange.
Original Market—$4,500,000 offered in Dec.,
1911, by N. W. Halsey & Co., New York and
Chicago, and Russell, Brewster & Co. -» Chicago
and New York, at 9714 and interest; an addi-
tional $3,300,000 offered in April, 1912, at 994%
and interest by the same firms.
Market.
Chicago—Allerton, Greene & King, National
City Bank, N. W. Halsey & Co., Ft. Dearborn
Trust & Savings Bank, Northern Trust Co.,
Peoples Trust & Savings Bank, Alfred L. Baker
& Co., John Burnham & Co., Yard,‘ Otis &
Taylor, C. F. Childs & Co., Hulburd, cytes
& Chandler, Russell, Brewster & Co., Chicago
Savings Bank & Trust Co., National sae of
the Republic, Babeack, Rushton & Co., Union
Trust Co., McCoy & Co. ., Central Trust Co.,
King, Farnum & Co., E. L. Lobdell & Co.,
Curtis & Sanger, Follansbee & Co., State Bank
of Chicago, Wollenberger & Co., W. H.' Colvin
& Co., White, Weld & Co., A. B. Leach & Co.,
Stanwood, Taylor & Co., Corkill & Co.
Boston—Estabrook & Co., Merrill, Oldham &
Co., Parkinson & Burr.
New York—Wm. R. Compton Co., Curtis &
Sanger, N. W. Halsey & Co., Plympton,
Gardiner & Co., Lee, Higginson & Co., Horn-
blower & Weeks, Estabrook & Co., H. D. Rob-
bins, Russell, Brewster & Co., Kirkpatrick &
Lewis.
Milwaukee—First Sav. & Trust Co.
a ae K. Phillips, C. D. Barney &
‘O-
PUBLIC SERVICE COMPANY OF NORTH-
ILLINOIS 6% Coll. Notes. Due
aan 1916.—F.
Dated July 1, 1913. Interest_payable Jan.
and July 1, in Chicagd and New York.
‘Authorized and Outstanding—$3, a 000.
00
Denomination—Coupon, $100, 5 and
$1,000. Registerable as to principal.
Trustee—lllinois Trust & Savings Bank,
Chicago.
Redeemable as a whole at 100% on any in-
terest date.
‘Convertible into First and Refunding Mort-
gage 5% Bonds at 95.
Secured by pledge of $4,375,100 First. and
Ref. 5% Bonds,. due 1956, an amount in excess
of 25% of the par value of this issue.
Prior Liens—The 1s 1st and Ref. 5s, securing this
issue are subject in part to $18,587,100 under-
lying bonds.
Original Market—$2,500,000 offered July, 1918
at 97.34 and interest by N. W. Halsey & Co.,
Russell, Brewster & Co., Lee, Higginson & Co.,
Chicago.
Market.
New York—Rauscher & Childress, Seasongood
& Haas, H..D. Robbins, Russell, Brewster & Co.,
Babcock, Rushton & Co., A. H. Bickmore & Co.
Chicago—N. Ww. Halsey & Co., Russell,
Brewster & Co., Kennett, Cowan & Co., Lee,
Higginson & Co., Stanwood, Taylor & Co., E.
T. Konsberg & Co., McCoy & Co., John Burn-
ham e Con Union Trust Co., Elston Clifford &
Co., A. "Leach & Co., Hornblower & Weeks,
National. City Bank.
Philadelphia—Oscar R. Dare.
St. Louis—Bowman, Cost & Co.
Boston—Sollers, Phillips & Co.
PUBLIC SERVICE CO. (ST. CLOUD, MINN.)
ist or $10,000 due annually Dec. 1 to
Dated Dee. 1, 1905. Inetrest payable Jnue
and Dee. 1, at Continental & Commercial Trust
& Savings Bank, Chicago.
Authorized—$500,000.
Outstanding—$250,000.
Denomination—Coupon, $1,000.
Trustee—Continental & Commercial ‘Trust &
Savings Bank, Chicago.
Redeemable on any interest date at 105 and
interest on 90 days’ notice.
Organization—Incorporated in Minnesota as
successor to the St. Cloud, Light, Heat, Transit
& Public Service Co. Leases St. Cloud Water,
Light & Power Co., owning flowage and riparian
rights and also a dam across the Mississippi River.
Secured by a first mortgage on the ms and
other properties directly owned by ther som any.
Supplies gas, electric light and power to St. Cloud,
692
Sauls Rapids and Waite Park, Minn. Popula-
tion served 12,300. Franchises expire 1935.
Original Market—First offered by the Conti-
nental & Commercial Trust & Savings Bank,
Chicago, at par and interest, in Feb., 1906.
Market.
Chicago—Hulburd, Warren & Chandler.
PUBLIC SERVICE CO. OF WESTERN KEN-
TUCKY 1st 6s. Due May 1, 1919.
Dated May 1, 1914. Interest payable May 1
and Nov. 1 in St. Louis.
Authorized and Outstanding—$125,000. -
Denomination—Coupon, $500 and $1,000.
Registerable as to principal only.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo. |
Redeemable as a whole on any interest date
at 101 and interest.
Organization and Control—Incorporated in
Kentucky in 1914. All of the stock is owned by
the National Light & Power Co.
_ Secured by a first mortgage on plants supply-
ing electricity in Fulton and Hickman, Ky., an
water and ice in Hickman. Population served,
ton, 3,000; Hickman, ¢,000., Franchises
extend to 1933.
Net Earnings, 12/81/13.......... $28,296
Original Market—$125,000 offered in June,
gout, by the Little & Hays Investment Co., St.
ouis, Mo.
PUBLIC SERVICE CORPORATION OF NEW
JERSEY Gen. 5s. Due Oct. 1, 1959.—F.
Tax exempt in New Jersey and Pennsylvania
taxrefunded. :
Dated Oct. 1, 1909. Interest payable April and
Oct. 1, at J. P,.Morgan & Co., New York, or at
Trustee’s office.
Authorized—$50,000,000.
Outstanding —$39,500,000 (includes $2,500,000
bonds in Treasury).
Denomination—Coupon, $1,000. Registerable
as to principal.
tee—Fidelity Trust Co. of Newark, N. J.
Redeemable .as a whole at 105 and interest
Oct. 1, 1919, or any interest date thereafter on
8 weeks’ notice, or for sinking fund on Oct. 1
1918, and annually thereafter on 4 weeks’ notice.
Sinking Fund—$209,500 annually, beginning
Aug. 1, 1913, for the purchase or redemption of
these bonds at not over 105 and interest. ‘This
fund, with accumulation of interest on bonds
purchased, it is estimated, will retire two-thirds
of the authorized amount of bonds by maturity.
, Renewal or Depreciation Fund—The Corpora-
tion is required under contract with the banker
dated, Sept. 27, 1909, to. provide out of its earn-
ings the following amounts for. depreciation,
renewals, etc.: 1911, $400,000; 1912, $600,000;
1913, $300,000; 1914 and annually thereafter
during the life of these bonds, $1,000,000. Under
certain contingencies after 1914 this fund may
be increased until the maximum of $1,500,000
for the year is reached.
Organization—The Public Service Corporation
of New Jersey was incorporated May 6 03,
under perpetual charter granted by the State of
New Jersey. Through subsidiary corporations it
operates all the. gas, electric and street railway
business throughout the largest cities of the
State, excepting the shore resorts, the Elizabeth-
town Gas Co. (operating in, Elizabeth) and the
Street railway business of Trenton. The cor-
Poration serves a population of 1,750,000 in the
Tailway branch of its business, 1,775,000 in its
gas branch and 1,900,000 in its electric branch.
Secured by a mortgage on all the, property,
franchises, leaseholds, etc., now owned .or here-
after acquired, subject to $20,047,370 Perpetual
Interest Bearing Certificates on a portion thereof.
The bonds are secured by (1) A first lien upon
leases for at least 900 years from their respective,
dates of the following gas and electric properties:
Essex & Hudson Gas Co.
Hudson County Gas Co.
East Newark Gas Light Co. . |
South Jersey Gas, Electric & Traction Co.
The Paterson & Passaic Gas & Electric Co.
Somerset, Union & Middlesex Lighting Co.
The Gas & Electric Co. of Bergen County.
United Electric Co. of New Jersey.
The Nichols Electric Light & Power Co. of
Nutley, N. J. ;
Middlesex Electric Light & Power Co.
Weehawken Contracting Co.
Citizens’ Electric Light, Heat & Power Co.
Morristown Gas Light Co.
Ridgewood Gas Co.
Princeton Light, Heat & Power Co.
.Burlington Electric Light & Power Co.
Shore Lighting Co.
Also an operating agreement between Plainfield
Gas Light Co. and Public Service Corporation
of New Jersey.
(2) A first lien upon the following bonds de-
posited with the Trustee: Interest Amount
Corporations Rate of Par
North Jersey Street Ry...... 4% $7,230,000
Jersey City, Hoboken & Pater-
son St. Ry...........0-008 4% 1,498,000
United Electric Co. of N.J.... 4% 683,000
Elizab., Plain. & Cent. Jer. Ry 5% 154,000
Orange & Passaic Valley Ry... 5% 83,000
Somerset, Un. & Mid. Ltg. Go. 4% 573,000
Central Electric Co.......... 5% 0,00
Somerset Lighting Go..,..... 5% 21,000
South Jers. Gas, Elee & Trac.. 5% 8,882,000
Elizab. & Raritan Riv. St. Ry. A 274,000
Middlesex El. Light & Power. B% 21,000
The Gas & Elec. Co. of Berg.
COUN se siciaisa ewes ba caBIG 455,000
Pub. Serv. Corp. of N. J. Per-
petual Int. Bearing Ctfs.... 6% 867,125
‘ $15,761,125
(3) A first lien upon the following shares of
capital stock deposited with the Trustee: i
Total
Shares
Corporations Shares Par Value Issued:
Somerset, Un. & M.
Ltg.Co........ 4,224 $422,400 10,600
Mid. Elec. L. & P.. | 1,745 174,500 1,750
Nichols El. L. & P. 49 24,750 500
Pater. & Pass, Gas :
& Elec. Co...... 2,697 269,700 50,000
Citiz. E1.L.,.H.&P 1,647 41,175 1,656
Public Service Gas 107,489 10,748,900 107,500.
Weehawken Con- :
tracting Co.,pfd. 821 41,500 821
Weehawken. Con-'' .-
tracting Co.,com. 1,389" 69,450 - 1,400
Pub. Serv. Elec... .189,900 18,999,000 190,000
Morristown Gas Lt. 7,343 . 367,150 7,350
N. J. & H.R. Rys. &
Ferry Co., pfd. 46% 4,633 750,000
N.J.& H.R. Ry. &
Ferry Co., com.. 24,46314 2,446,350 25,000
Burl. El. L.& P... 341 17,050 351
Princeton Lt., Ht.
& Pow. Co..,... 2,317 115,850 2,450
Shore Lighting Co. 1,048 104,800 1,120
$30,179,225
(4) A lien upon the following shares of the cap-
ital stock of the corporations hereinafter named,
now owned by the Corporation, but subject to a
prior pledge. thereof under a certain agreement
of pledge, dated June 1, 1903, made between
Public Service Corporation of New Jersey and
Fidelity Trust Co. to secure the payment of the
interest upon securities known as Public Service
693
Perpetual Interest Bearing Certificates, of ee
$20,047,370 are outstanding. tal
shies
Corporations Shares Par Value Issued
United Elec. Co. o :
New Jersey. ..'.195,945 $19,594,500 200,000
Orange & Passaic
Valley Ry. Co.. 9,285 - 928,500 10,000
Pub. Serv. Ry. Co. 378, 126 87,979,000 379,816
$58,507,000.
(5) A lien upon all the real estate and peraonal
property of every character now owned by the
. S, Corporation of N. J. or that hereafter
acquired by it.
Franchises—The franchises of the Public Ser-
vice Corporation of New Jersey, the Public Ser-
vice Ry:, the Public Service Gas-Co., the Public
Service Electric Co., and their underlying com-
pes are perpetual, except as to a few, minor
grants, .
Prior _ Liens—$20, 047, 370 Perpetual Interest.
Bearing. Certificates. dated June 1, 1903.° Also
underlying bonds of leased and” controlled
properties.
Net Earnings, 12/31/14 dee gegee eek peer 943
Interest and rentals (Sub.) . 09771 09
Interest (P. S. C. of N. J. Janes 1 :466,833
‘ Listed on the New York and Philadelphia Stock
Exehan ges.
Original Market—$8,000,000 offered inNov.,
1909, by J. P. Morgan & Co., New York, and
Drexel & Co., Philadelphia, at 96% and interest;
$13,860,000 in 1911, by the same firms at 94and
interest; $7,000,000 offered in March, 1913, at
92 and ‘interest, by: Clark, Dodge & Co., New
York, and Fidelity Trust Co., Newark, N. J.’
- Mai rket.
Philadelphia—Chay. a (Barney & Co.,. ‘Henry
& West, Chandler: & Co., EH. B. Smith &:Co.,
J: -We Sparks & Co., Elkins, ‘Morris & Co.,
Borden & Knoblauch, Mellor & Petry, Geo. N.
Fleming & Co., Brown Bros. & Co., Ervin & Co.,
Co. : UE Seat Ae
’ Newark—Fidelity Trust Co., J. S. Rippel.
New York—J. P. Morgan & Co., A. B. Leach
& Co., Knauth, Nachod & Kuhne, Robinson &
Co., Morton, Lachenbruch, Newburger, Hen-
derson & Loeb, Crawford, Patton & Cannon,
Clark, Dodge & Co., Chas. D. Barney & Co.,
McGeorge & Vanderhoef, W. E, R.'Smith & Co.,
. H. & F. W. Pelzer, Penington, Colket & Co.;
L. M.:Prince & Co., Davies, Thompson & Co.,
L. A. Norton, E. H. Rollins & Sons, W. E. R.
Smith & Co., J. H. Howell & Co., Beasongoes &
Haas, Starbuck, Van Sant & Legg, H
ney & Sons, Geo. H. Burr-& Co.
Baltimore—J. S. Wilson, Jr., & Co., WwW. W.
Lanahan & Co., Alex. Brown & Sons. - -
' Jersey City—Edwin R..Case.
Paterson—F. A. Peters.
PUBLIC SERVICE CORPORATION OF NEW
JERSEY Perpetual Interest Bearing 6%
Certificates.—N.
Tax exempt in the State of New Jersey.
Dated May 1, 1903. _ Interest payable May
and Nov. 1, at Fidelity ' ie Co., Newark, N. J.
Authorized—$20,20
Outstanding—$20, O47 STO (ineluding $864,085
in treasury).
Registered Certificates, usually $100 and mul-
tiples, but may be issued in $1 and multiples.
Trustee—Fidelity Trust Co., Newark, N. J.
Organization and Property—See Gen. ba above.
Secured by deposit’ of the following stocks
received in exchange for these Certificates on the
basis here mentioned:
Oscar R. Dare, Chas. Fearon &.Co., Graham &
. N. Whit-,
Exchanged
for ctfis. on
Total Stock" - followng
: ‘Outstanding Deposited basis
Unita Elec. Co.
a Desaieinaso $20,000,000 $19,594,500 80%
No. Jersey St. 2, 8
BY ese sie scsiocen's 15,000,000 14,993,400 40%
Eliz, FiainGeld & me
Cen. Jersey Ry. 38,000,000 3,000,000' 30%
Jersey Cy., Hobo- tee
ken & Paterson
SOUR Yess 20,000,000 19,984,600 385%
Orange & pane : :
Valley Ry... 1,000,000 923,500 30%
$59, 000, | 000 $58, $58,496, 000
In the Trust Deed it is stipulated ‘that the
stocks pledged shall not be increased in amounts
nor shall any new liens placed upon the prop-
erties whose stocks aré here deposited except to
take up existing bonds, and other indebtedness
now outstanding. The North Jersey St: Ry.,
the Eliz., Plainfield & Cent. Jersey" By. and the
Jersey City, Hoboken & Paterson ‘St. Ry. has
been merged into the Public’ Service Rys., which
is the subsidiary operating the various electric
railways controlled, leased or owned by the
Public Service Corporation of N..J.
- Original Market—$2,000,000 offered in Jan.,
1905, by the Fidelity Trust Co., and Eisele &
King, Newark, N. J., on a 6% basis, at 110 and
interest.
Philadelphia_-Borden & & Knoblauch, 8. K.
Phillips, Chandler & ‘Co., Geo. S. Fox "& Bong,
Mellor & Petry, Bioren & Co., Elkins, Morris &
sade . Henry & West, Ervin & Co., Chas. Fearon
imare 3s Ss. eyneat Jr., & Co. g
New York—B. F, W.. Pelzer, Clark,
Dodge & Co., Percy Sa Bradshaw, Morton
Lachenbruck, W. E. R. Smith & ‘Co., Beyer &
Co., & CG. Randolph, Samuel Goldschmidt,
Silloccoed & Haas, Salomon Bros. & Hutzler,
Coggeshall & Hicks, "Starbuck, Van Sant & Lege,
Geo. H. Burr & Co.
Newark, N. J.—J. S. Rippel, Fidelity Trust Co.
Jersey City—Outwater & Wells,
PUBLIC SERVICE “CORPORATION OF NEW
JERSEY 6% Equip. Series ‘‘A.” Due
$40,000 each January and July 1 to January
1, 1918.—F.
Dated January 1, 1908. Interest payable
January 1 and ne 5 i Philadelphia.
Authorized—$800
otatnaing oa, 000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust’ Co., Philadel hia.
Organization,’ Earnings, etc. —See en. 53
above.
Secured by an equipment trust agreement on
150 “Pay-as-you-Enter” cars and 50 semi-
convertible cars, all equipped with motors.
Original eae $1,066,284, of which $266,284 was
paid in cash
one Market—Offered fai Drexel & Co.,
Philadelphia.
PUBLIC ae bee CORPORATION OF NEW
I EY 5% Equip. Series ‘‘B.” Due
3e2.000 each January 1 and $23,000 each
sue 1 to July 1, F.
Dated July 1, 1910. ieee payable January
and July 1 at Trustee's office.
Authorized—$450,000. <
Outstanding—$248,000.
Balance Retired.
Denomination—Coupon, $1,0'
Trustee—Fidelity Trust Co., Philadel hia.
See earn Earnings, ete.—See Gen. 58
above
694
--Secured by an equipment trust agreement on
100 double-track closed cars, with motor équip-
ment. ” Original cost, $600,000, of which $150,000
was paid in cash. 3
PUBLIC SERVICE CORPORATION OF NEW
JERSEY 5%. Equips., Series ‘‘C.” Due
. $25,000 each March.1 and September 1 to
‘September 1, 1922.—F. an :
Dated September 1, 1912. Interest payable
March 1 and September 1, at Trustee’s office.
_Authorized—$500,000.
Outstanding—$375,000.
Balance Retired. : be se ‘
. Denomination—Coupon, $1,000. - .
Trustee—Pennsylvania Co. for Insurances on.
Lives, &. Granting Annuities.
Organization, Earnings,
above.
Secured by an equipment..trust agreement
on 100 closed ‘‘Pay-Within’” cars, completely
equipped, costing $669,946, of which $169,946
was paid in cash. :
ete.—See : Gen. 658
PUBLIC UTILITIES CORP. (BOSTON) 6%
» Secured Notes. Due April 1, 1922.—F.
Dated April 1, 1912. Interest payable April
and Oct. 1, at Trustee’s office. ead
Authorized and Outstanding—$500,000.
. Denomination—Coupon, $1,000. Registerable
as to principal. : 2 ‘
.Trustee—Old Colony Trust.Co., Boston...
. Redeemable at 10214 and interest. on four
weeks’ notice. :
: Organization—The company was incorporated ‘
Jan., 1910, in Maine. he company is char-
tered to invest, do a general brokerage business
and deal in securities and properties. Its policy
has been to confine its transactions principally
to the securities of Public Service companies and
the directors are intimately associated with the
financing and operation of.such corporations and
properties, particularly. those of-electrie light
and gas companies, the acquisition of common
stocks is preferred. Messrs. H. M. Byllesby &
Co. of Chicago and the General Electric Co. in-
terests,are.in gontrol of the property. a8
Secured by deposit of the following collateral
said to be valued at upwards of $650,000:
4 7 sear Sg: Par value
American Gas & Elec. Co. stock...... $50,000
Amer. Power & Lt. Co., common stock. 100,000
Appalachian Power Co., pfd: stock .... 100,000
‘alo General Electric Co. stock..... 100,000
Butte Elec. & Power Co., com. stock .. 100,000
Helena (Mont.) Lt. & Ry. Co com. stk 0,000
Pac. Gas & Elec Co. com. stock....... 100,000
Philadelphia Elec. Co. common stock,, 50,000
Southern Cal. Edison Co........ ve... 100,000
Votol par waltGs.o¢ .cevsys0rexeraae $780,000
he Trust indenture provides that the market
value of the collateral for these notes must be at
least 25% in excess of the par value of Notes.
outstanding.
The company has the right to withdraw the
collateral and make substitutions therefor, sub-
ject to the approval of the Trustee.
“Prior Liens—There are no prior liens out-
standing, however, notes of another issue mature
$150,000 May 1, 1915, and-$200,000 May 1, 1916.
_ Net Earnings, 8/31/13. . $127,528
Interest on notes. ... ee ’
_ Original Market—$500,000 offered in 1912,
at 101 and interest, by Jackson & Curtis, Boston
atid New York.
Market. I~
Boston—Jackson & Curtis.
New York—Jackson & Curtis, Wm. P. Bon-
bright & Co. :
PUBLIC UTILITY DEBENTURE CORPORA-
ee 5% Deb. Bonds. Due April
. Dated ‘April 1,,1913., Interest payable ‘April
and Oct.1."° —~ viet
Authorized—$5,000,000.
Outstanding—$1,000,000.,
Denomination—Coupon, $1,000. sa
Organization and'Control—This company was
formed in 1918 for the purpose of buying and
selling the securities of public service corpora-
tions, and of acquiring an interest in syndicates
formed for the purpose of underwriting and dis-
Posing of securities in such corporations. The
Board of Directors is made up of men interested ,
in Public Utility companies, including Stone &
Webster, Bertron, Griscom & Co., J. G. White
& Co., ete. The corporation will not engage
in the operation of any properties, but will be
strictly an investment company following the
same general lines as the Scotch and English in-
vestment corporations.
Security—These are debenture bonds and are
not secured by mortgage. .
“Original Market—First' offered in 1918 in
blocks of $1,000 Debentures, $500 6% pre-
ferred stock and $500 common stock at $1,415
and interest by Wm. Morris Imbrie & Co., New
York and Chicago, and by C. E. Mitchell & Co.,
New York. gj
PUEBLO & SUBURBAN TRACTION & LIGHT-
ING CO. Ist 5s. _Due Oct. 1, 1922.—F. .
Dated Dec. 1, 1902. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York,
or Trustee’s office.
Authorized—$3,500,000.
Outstanding—$1,947,000.
Retired through Sinking Fund—$253,000.
Redeemed—$104,000.
Denomination—Coupon, $1,000.
as to principal. ; ;
é Tebetee—TiLentalsene) Trust Co., Denver,
‘olo.
Redeemable at 104 and interest on any interest
late.
Sinking Fund—$50,000 annually, to be applied
to the purchase of these bonds in the o pen mar-
ket on redemption of these bonds by calling same
at 104 and interest. i
Organization and Control—Incorporated 1902
as a consolidation of the Pueblo Traction & Ltg..,
Co., the Pikes Peak Power Co. and the La Junta
Elec. Ltg. Co. Acquired 1911 by and consoli-
dated into the Arkansas Valley Ry., Lt. & Power
Go., together with the Colo. Lt. & Power Co.,
Gold Belt Cons. Elec. Co., ete. The operation
of these properties is in charge of H. M. Byllesby
& Co. of Chicago, and they are controlled by the
Standard Gas & Elec. Co., a holding company.
Secured by a first. mortgage on the power
plant, transmission lines, etc., serving the cripple
Creek District and points adjacent to Pueblo,
and a second mortgage on the traction lines in
Pueblo. Franchises in Cripple Creek District
expire 1921 to 1936; in Pueblo 1924 for lighting
and 1940 for the street railways.. .
‘Prior Liens—$1,010,000 Pueblo Traction &
Ltg. Co. 1st 5s. ‘ :
Underlies—$3,665,000 | Arkansas Ry., Lt. &
Power Co. 1st Ref. 5s due Nov. 1, 1981.
- Net Earnings, (A. V. Ry., Lt. &'
“ P.) 12/81/14........... eppeansianecs $423,984
Original Market—Offered in 1911, by H. F.
Bachman & Co., Philadelphia.
: . Market. _
Philadelphia—H. F. Bachman & Co.
‘Chicago—H. M. Byllesby & Co.
Colorado Springs—Newbold, geyice & Gauss.,
New York—H. M. Byllesby & Co." 5
(THE) PUEBLO (COLO.) GAS & FUEL CO.
Ist 5s. Due Sept. 1, 1917.—F.
Dated Sept. 1, 1902. ‘Interest payable March
1 and Sept. 1, at Trustee’s office.
Authorized—$600,000.
Outstanding—$562,000. ~
Registerable
695
Retired—$38,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Continental & Commercial Trust
& Savings Bank, Chicago.
Redeemable on any itoreat ‘date at 10244 and
interest.
Sinking Fund—lIn lieu of a sinking fund the
following payments are to be made: Sept. 1914,
$12,000; 1915, $13,000; 1916, $14,000; 1917),
Organization and Control—Incorporated in
Colorado in 1902 : as successor to the Pueblo Gas
Light Co. and is controlled by interests identified
with the Cities Service Co.
yo iinagement—H. L. Doherty & Co., New
ork.
Secured by a first mortgage on plant supplying
gas to Pueblo Colo. Population served, 45,300.
Franchise expires Oct. 1, 1981
Underlies—$100, 000 8. F.. 15a due 1928 which .
mortgage © provides for the retirement of this
issue.
Market.
ena eee & Co.
(THE) PUEBLO Gas _& FUEL CO. S. F. 5s,
Due Feb.. pa
Dated Feb. 1’ 1908" “Interest ’ ayable March
and Sept. 1, at" i. L. Doherty & Co., 60 Wall oS
New York.
Authorized—$1,500, 000.
Outstanding—$100,0
DELEGATE $1,000.
as to principal.
Trustee—Bankers Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—Annually 1% of outstanding
bonds from Dec. 1, 1918. In lieu of cash pay-
ments bonds issued under this mortgage with
unmatured coupons attached will be equivalent
to a cash payment of 105 and interest.
Organization etc.—-See 1st 5s above.
Secured by a second mortgage on the property
described under 1st 5s above.
Prior Lien—$562,000 1st 5s of 1917.
PUEBLO TRACTION
5s. Due Jan. 1, 1921.—
_ Dated Jan. 1,1901. Interest ‘payable Jan. and.
Registerable
July 1, at International Trust Co., Denver, Col.,.
and Guaranty Trust Co., New York.
Authorized—$1,500,000.
Outstanding—$1, 010, 000 - Gfortgage closed).
Retired by Sinking Fund—$90,0
Denomination—Coupon, $1, ae
Trustee—International Trust Co., Denver, Col.
Redeemable at 104 and interest.
Sinking Fund—$10,000 per annum_ to be
used to call bonds of this issue at 104 and interest.
Control—Absorbed by, the Pueblo Sub.. Trac..
& Light Co., which was taken over-by the Arkan-
sas Valley Ry., Lt. & Power Co., a subsidiary of
the Standard Gas & Elec. Co.
Secured by a first mortgage on the company’ 3
traction lines operating in the City of Pueblo,
Colo. Total track 35 miles. _ Also secured by a
first mortgage on the company’s power plant.
Street railway franchises extend to 1940 -and
foe ey lighting franchises to 1924, Population
about 5
Underlies—$1,947,000 Pueblo & Suburban
1st Mtge. 5s, bonds of which issue are reserved
to retire these bonds at ae and $3,665,000
Arkansas Valley 1st and Ref. 5s.
Original Market—Offered by E. H. Rollins &
Sons, Boston, ete., and International Trust: Co.
Denver, Col., in Ae ile
Chicago—Hulburd Wacten & Chandler. H.
M. Byllesby & Co.
Denver—W. C. Packard.
696
& LIGHTING CO. Ist
Philadelphia—H. F. Bachman & Co., Samuel
K. Phillips.
New York—L. F. Hepburn, J. A. Clark & Co. bs
H. M. Byllesby & Co.
Colorado Springs—Newbold, Taylor & Gauss.
PUGET SOUND & WILLAPA HARBOR
RAILWAY 0. 5-Year 5% Tr. Ctfs. Due
June, 1918.—.
See Map 82.
Dated ane 1, 1913. Interest payable June
and Dec. 1 to holders of record May and Nov. 20.
Authorized—$3,000,000. *
Outstanding—$3, 000, 000. s
Denomianten—teeseres, $100 and = mul-
tiples
Redeemable—Entire issue may be called at
10234 and interest on any interest date upon 30
days’ notice.
Trustee—United States vase Co. of N. J.
Control—The Chi., M. & St. Ry. Co. has’
agreed to purchase the entire cane see below.
Guaranteed principal and interest by the’
Chicago, Milwaukee & St. Paul Ry,
Secured by the deposit of the‘entire stock
($3,000,000) of’ the Puget Sound & Willapa
Harbor’ Ry., which the Chicago, Milwaukee &
St. Paul Ry. has agreed to purchase at par for
cash, at the maturity of these securities. The
Puget Sound & Willapa Harbor Ry. has no out-
standing indebtedness nor can any be placed
on the property during’ the life of these certifi-
eates. This railway is the successor of the
Pacific & Eastern Ry. of Wash. which has been
in successful operation for several years and
which has been extended through one of the most
heavily: timbered sections of the Northwest to a
connection with’ the “St. Paul.” This line
extends" oe 65 miles from a junction with the
& St. P. Ry. to Raymond, a town on
Willapa Harbor. These bonds are outstanding
at the rate of $46,000‘per mile.
Original Market—$2,999,500 offered 4 Pot-
ter, Choate & Prentice and Clark, Dodge & Co.,
9814 June, 1913. .
Market.
New York—-Potter, Choate & Prentice, Clark,
of & Co., Beverly Bogert & Co. , Seasongood
aas. |
PUGET SOUND ELECTRIC RAILWAY CO.
1st Cons. 5s. Due Feb. 1, 1932.—
Dated February 2, 1903. . Interest “payable
Feb. and Aug. 1, at Boston.
Authorized—$5, 500,000.
Outstanding—$3, 851, 000.
Retired by Sinking Fred -3418,
Denomination—Coupon, $1, anh
as to principal.
Trustee—Old Coiony Trust Co., Boston.
Redeemable as a whole at 110 and interest on
any interest date on two months’ notice.
Sinking Fund—Annually from January 1, 1907,
1% of all bonds certified plus 5% per annum on
bonds so purchased to be used to retire bonds-at
not over 107.and interest... Bonds so purchased
are to be cancelled. If bonds are not obtainable
at. 107 funds are to be invested in securities
approved of by, Trustee.
Organization and Control—Incorporated | in
New. Jérsey in 1902, to reorganize and take over
the Seattle-Tacoma Interurban Ry. Co. Owns
the entire stock except directors wihares, of. .the
Tacoma Ry. & Power Co. Practically the entire..
stock of this company is owned by the Puget
Sound Traction Light & Power Co., under the
management of Stone & Webster.
Secured by a first mortgage on 70 miles of
interurban railway between Tacoma and Seattle,:
Wash. The line is a most oe on private
right-of-way. Further secure a first lien on
the entire $2,000,000 stock and wer 000 of the
$1,500,000 bonds of the Tacoma Ry. & Power
a psucendiite
oe and all of the stock of the Pacific Traction
OQ.
Prior Liens—$1,236,000 Tacoma Ry. & Power
Co. 1st 5s; $500,000 Pacific Traction Co. 1st 5s
(in treasury). z
Underlies—$7,500,000 Puget Sound Tr., Lt. &
Power 6% Mtge. Notes due 1919 and will underly
$15,000,000 new Cons. & Ref. 5s of 1911, bonds
of which issue will be reserved to take up these
bonds at maturity.
Net Earnings, (P. S. T., L. & P.)
12/31/14. aupiece 8 a eaprmtnimh ag 3 aR $3,443,966
Interest and sinking fund...... 2,118,856
Listed on the Boston Stock Exchange.
3 _ Market.
Boston—Lee, Higginson & Co., L. Sherman
Adams, Stone & Webster.
New York—Wolff & Stanley, Lee, Higginson &
Co., F. H. Hatch & Co.
PUGET SOUND POWER CO.
. _ June 1, 1933.—F.
' Dated June 1, 1903. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$4,000,000 (Mortgage closed).
Outstanding—$3,022,000.
Retired by Sinking Fund—$291,000.
lst 5s. Due
Denomination—Coupon, $1,000. Registerable
as to principal. . Weg
Trustee—Old Colony Trust Co., Boston.
Redeemable at 110 and interest on any interest
date as a whole (or in part for sinking fund) upon
70 days’ notice. Bonds may be exchanged at
par at the option of the holder for Seattle Elec.
Co. Consol. & Ref. 5s, due 1929.
. Sinking Fund—Annually 1% of outstanding
bonds began in 1906, and is payable March 1,
retiring bonds at not over 110 and interest. _
, Guaranteed as to principal, interest and sink-
ing fund by the Seattle Elec. Co., which Co. (as
stated) will exchange their Cons. & Ref. 5%
bonds dollar for dollar for the bonds here de-
scribed. :
Control—Seattle Electric Co., a subsidiary of
the Puget Sound Trac., Lt. & Power Co., owns
the entire stock of the Puget Sound Power Co.
The properties are managed by the Stone &
Webster Management Association. .
Secured by a first mortgage on the entire
property of the company, which owns and oper-
ates a hydro-electric plant on the Puyallup River,
near Kepowsin, southeast of Tacoma. Sup-
plies power to various traction and power
companies (Seattle Elec. Co., Puget Sound Elec.
Ry. and Pacific Coast Power Co.) owned by the
Puget Sound Trac., Lt. & Power Co.
Underlies—$6,388,000 Seattle Elec. Co. Cons.
& Ref. 58, due 1929, bonds of which are reserved
to retire by exchanging this issue. Also under-
lies indirectly the $7,500,000 6 % Notes, due 1919
of the Puget Sound Trac., Lt. & Power Co.
Earnings—See P.S. T., L. & P. below.
|. Market.
Chicago—Hornblower & Weeks. e
New York—Estabrook & Co., Lee, Higginson
& Co., Berdell Bros., Gude, Winmill & Co.,
Kirkpatrick & Lewis.
697
» Boston—Merrill, Oldham & Co., Estabrook
& Co., L. Sherman Adams, F. B, Bassett & ,Co.,
Stone & Webster. : .
Philadelphia—Ed. B. Smith & Co., Chandler
& Co. s .
PUGET SOUND TRACTION, LIGHT &
POWER CO. 5-Year 6% Bonds. Due
Feb. 1, 1919.—F. f
Dated Jan. 15, 1914. Interest from Feb. 1,
ate Payable Feb. and Aug. 1, at Trustee’s
office. . ay
Authorized—$15,000,000.
_ Outstanding—$7,000,000 (Not including $500,-
in Treasury of Company).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
$5,000 and $10,000.
Redeemable at 101 and interest on any
interest date until Feb. 1, 1917, and thereafter
at par. | cs
Organization—The company was incorporated
in 1912, and took over the property of the
Seattle-Tacoma Power Co. and the Pacific Coast __.
Power Co. Company controls through owner-
ship of a majority of the stock the Seattle Elec-
tric Co., the Puget Sound Elec. Ry., the What-
com. County Ry. & Lt. Co. and the Northwest
Traction Co. .
Secured by a first mortgage on substantially
all of the property formerly owned by the
Seattle-Tacoma Power Co., comprising a hydro-
electric plant with 25,000 H. P. capacity with
transmission lines to Seattle, Tacoma and
Everett; by a mortgage subject to outstanding
bonds ($27,396,000) on the properties formerly
owned by the Pacific Coast Power Co., Seattle
Elec. Co., Puget Sound Power Co., and Whatcom
Ry. & Lt. Co., and by collateral mortgage
(through deposit of notes and practically the
entire stocks) on the properties of the Puget
Sound Elec. Ry. and Pacific Northwest Trac. Co.,
subject to their outstanding bonds. Company
operates in western Washington, which includes
Seattle, Tacoma, Bellingham, Everett, etc.,
in which this company operates practically all
of the traction lines and electric lighting and
power business. Population served over 400,-
Prior Liens—$27,396,000 bonds of owned and
controlled companies.
Net Earnings, 12/31/13 $3,443,966
2,118,856
Interest and sinking fund
Sinking Fund—$251,583.
Original Market—$7,000,000 offered Jan.,
1914, by Lee, Higginson & Co., Boston and
New York; Harris Trust & Savings Bank,
Chicago, Higginson & Co., London, at 99 and
interest.
_ : Market. Tone
New York—Seasongood & Haas, Lee, Higgin-
son & Co., Low, Dixon & Co., Estabrook & Co.,
Harris, Forbes & Co., Gude, Winmill & Co.
Boston—Lee, Higginson & Co., Stone & Web-
ster.
Philadelphia—Harper & Turner.
Chicago—Harris Trust & Savings Bank.
Registered, $1,000,
i na eee
QUANAH, ACME & PACIFIC RAILWAY CO.
_ Ist 6s. Due Oct. 1, 1939,—F.
Dated October ‘1, 1909. Interest payable
April and Oct. 1, at Trustee’s office. s
_ Authorized—$10,000,000 ($30,000 per mile).
Outstanding—$1,958,000, ’
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Commonwealth Trust Co., St. Louis,
0. : , i
Redeemable at 105 and interest on any interest
date on 60 days’ notice.’ ' eo
Guaranteed—The St. Louis & San Francisco
R.. R. Co. guarantees to purchase, pay off. or
redeem these bonds at 105 and interest on or
before July 15, 1921, and’ also guarantees: the
payment of interest. The St. L. & S. F. R. R.
Co. is in Receivers hands.
- Organization and Control—Incorporated Janu-
ary, 1909, acquired the property of the Aeme,
Red River & Northern Ry. Planned to build
through line from Quanah, Tex. to Roswell, N.
Mex. and El Paso, Tex. to form part of a new
through route to Mexico and the Southwest.
Secured by a first mortgage at about $24,500
per mile on 80 miles.of completed’ line from
Saanenite Acme, Paducah and Roaring Springs, _
‘eX.
Net Income, 6/30/14............ $101,685
re rere rT 101,480
Original Market—$200,000 offered in Nov.;
1911, by William Salomon & Co., New York,
and G. H. Walker & Co., St. Louis, at prices to
yield over 6%.
Market.
New York—E. H. Rollins & Sons, Wm. Salo-
mon & Co., Gilbert Eliot. & Co. ,
St. Louis—G. H. Walker & Co.
Baltimore—W. W. Lanahan & Co.
Pittsburgh—Gordon & Co.
QUAPAW GAS CO. Ist 6s. Due $100,000 May
1, 1915 to 1921.
Interest payable May and Nov. 1, at Delaware
Trust Co., Wilmington, Del.
Authorized—$1,000,000.
Outstanding—$600,000.
Retired—$400,000.
Denomination—Coupon, $1,000.
5 Tmetee— Delaware Trust Co.,
els
Organization—Incorporated Aug., 1909 in
Delaware. Controlled by the Cities Service Co.,
Management—The Dohervy Organization.
Secured by a first mortgage on 10 gas wells
and 100 miles of pipe line, leaseholds, right-of-
way, franchises, ete. Company supplies natural
gas in and near Joplin, Mo. ea
Net Income, after depreciation
DADAM Bisse rises aercneri ws nd aate wee $152,761
CHAT EOF a0 ou one Hay ee sadyyiee (i -.. 112,502
Market.
6 a York—H. P. Taylor & Co., Howe, Norris
0.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
QUEBEC-JACQUES CARTIER ELECTRIC CO.
1st Ref. 5s. Due Dec. 1, 1931.—N.
Dated Dec. 1, 1901. Interest payable June
and Dee. 1. The interest due Dec. 1, 1913 paid
in the latter part of February. Interest due
Dec. 1, 1914, was paid in the middle of Feb., 1915.
Authorized—$1,000,000.
Outstanding—$849,000.
Denomination—Coupon, $100 and $1,000.
Trustee—Equitable Trust Co., New York.
Organization and Control—Incorporated in
New Jersey in 1902. Controlled through owner-
ship of practically entire stock by the Quebec, Ry.
Lt. H’t. & Power Co.
Secured by a first.mortgage on property of
company consisting of a hydro-electric plant
Wilmington,
698
located about 20 miles from Quebec together
with transmissioned distribution lines also on a
steam generating plant in Quebec. Franchise to
supply electricity to Quebec is perpetual. Popu-
lation served about 90,000. =
Underlies—$4,995,400 Quebec Ry. L’t., H’t. &
Power Co. Cons. 5s, under which issue the
stock of this company is deposited as part
security.
Earnings—See Q. Ry., L. & P. below.
arket.
New York—Lamarche & Coady, J. K. Rice, Jr.,
& Co., F. H. Hatch & Co., Foster & Adams, Jenks,
Gwynne & Co., R. B. Hathaway & Co.
Montreal—Canada Securities Corp-
Philadelphia—Chandler & Co.
QUEBEC RAILWAY, LIGHT & POWER Ist
_58- Due June 1, 1923.—N.
Dated June 1, 1898. Interest payable June
and Dee. 1, at Montreal Trust Co., Montreal,
Can. Union Bank of Canada and Royal Bank of
Canada, Quebec, Can.: — as :
Authorized—$2,500,000.
Outstanding—$2,350;000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal. - ~ ,
Trustee—Montreal Trust Co., Montreal, Can.
Control—All of the common stock'and:most of
the preferred stock of this company: is owned by
Quebec Ry., Lt. Ht. & Pr. Co. This stock was
acquired in'1909. : we
- Secured by a first mortgage on the Street rail-
way lines, power plants, electric lighting proper-
ties and other assets of the company which‘is the
principal operating company of the Que. Ry. Lt.
Ht. & Power Co.- "s
Prior Liens—$150,000 Montmorency & Charle-
vois 5s due 1923. — 2
Underlies—$4,995,400 Consol 5s and 2,100,000
Frs. new 5s of 1942.
Net Earnings, 6/30/13.......... $865,901.
Tnnterest obs essere enemies since - 192,100
Market. oor
Montreal—St. Cyr, Gouthier & Firgon.
New York—Berdell Bros. "
QUEENS BOROUGH ELECTRIC LIGHT. &
- POWER CO. Ist 5s. Due Oct. 1, 1928.—F.
Dated Oct. 1, 1898. Interest payable April
and Oct. 1, at Equitable Trust Co., New York.
* Authorized and Outstanding—$250,000.
Control—Absorbed by Queens Borough Gas &
Electric Co. : ane,
Secured by a first mortgage on electric lighting
plant located-at Far Rockaway, L. I. and supply-
ing electric light, etc. to the 5th ward, Borough of
Queens, Greater New York. Franchise perpetual.
Underlies—$1,600,000 Queens Borough Gas &
Elec. 5s, bonds of which are reserved to retire
this issue at maturity.
Net Earnings (Q. G. & E. Co.),
12/31/14. io0sti 6 0s wave $275,210
Interest... 181,015.
This issue scp aiscins 4 as eran oe sae 31,015
Market.
New York—J. H. Becker & Co.
QUEENS BOROUGH GAS & ELECTRIC CO.
Gen. 5s. Due July 1, 1952.—F.
Tax exempt in New York.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,600,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Organization—Is a consolidation of the
Queens Borough Gas & Electric Co. and the
Hempstead Gas & Electric Co.
Secured by a mortgage on the entire property
of the company subject to existing prior liens.
Company furnishes’gas to Hempstead and gas
and electricity to the following towns located
within the boundaries of the 5th Ward, Borough
of Queens, Greater New York, Belle Harbor,
Cedarhurst, Arverne, Hammels, Far Rockaway,
Rockaway Beach, Edgemere, Holland and Sea-
side. Population served: winter about 25,000;
summer, approximately 100,000.
_Franchises—All except one of the franchises,
which expires 1954, are perpetual. .
Earnings—See above.
Original Market—Offered Sept., 1909, at 99
and interest by Wm. A. Read & Co., New York
and Chicago. i ;
Market.
New York—McGeorge & Vanderhoef, Wm. A.
Read & Co., Kirkpatrick & Lewis.
Chicago—Hulburd, Warren & Chandler.
Boston—Wnm. A. Read & Co.
QUEENS COUNTY WATER CO. Gen. 5s.
June 1, 1940.—F.
Dated July 1, 1910. Interest payable June
and Dee. 1, at Guaranty Trust Co., New York.
Authorized—$1,500,000.
Outstanding—$666,500.
Denomination—Coupon, $500 and $1,000.
Trustee—Guaranty Trust Co., New York.
, Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in New York.
Secured by a first mortgage or plant supplying
water to Far Rockaway, Arverne, Cedarhurst,
Lawrence, Rockaway Beach, and other towns on
Long Island near New York City.
Market.
New York—F. H. Hatch & Co., Samuel Gold-
schmidt, Jones & Lanman.
Due
QUEMAHONING COAL CO. ist 6s. Due
July 1935.—F.
Dated July 1, 1905.
at Trustee’s office.
Authorized—$1,500,000.
Outstanding —$900,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Philadelphia Trust, Safe Deposit
and Insurance Co., Philadelphia, Pa.
- peteeraable at 102 and interest on any interest
late.
Sinking Fund—5 cents a ton (minimum
$16,000) until April 1, 1915, and 10c. per ton
(minimum $41,000 a year) thereafter.
Organization—Incorporated 1903 in Pennsyl-
vania.
Secured by a first lien on entire property of
the company located in the Somerset-Quema-
honing Coal Field, Somerset County, Pa. Prop-
erty consists of 7,800 acres of soft coal lands,
estimated to contain over 35,000,000 tons of
marketable coal. Six coal mines, with an output
of about 500,000 tons per annum, are operated.
Life of property estimated at over 70 years.
J Market.
Philadelphia—Henry & West.
Cincinnati—Rudolph Kleybolte & Co.
QUINCY (MASS.) ELECTRIC LIGHT &
POWER CO. 4s. Due 1921.—N. ;
Interest payable Jan. and July 1, at American
Trust Co., Boston, Mass.
Authorized and Outstanding—$100,000.
Organization—Incorporated 1888 in Massa-
chusetts.
, Secured by a first mortgage on an electric
lighting plant supplying the city of Quincy
Mass. Population served, about 28,000.
Net Earnings, 6/30/13.......... « $49,380
Interest....c8 ey cesnns snes oa 8,992
Market.
New York—Estabrook & Co., J. H. Becker &
0.
Interest Jan. and July,
Registerable
699
Boston--Hayden, Stone’ & Co., Estabrook &
Co., L. Sherman Adams. a
QUINCY GAS & ELECTRIC CO. ist 5s. Due
Dated Sept. 1, 1899., Interest payable March
and Sept. 1, at Chase National Bank, New York
and in Chicago.
Authorized and Outstanding—$600,000.
_ Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Illinois Trust & Savings Bank,
Chicago. : 5
Redeemable at 110 and interest.
Control—A consolidation of three companies.
Absorbed by the Quincy Gas, Electric & Heating
Co., the latter company being controlled by the
National Gas, Elec. Lt. & Power Co., through
ownership of a majority of the stock.
Secured by a first mortgage on plants supply-
ing gas and electricity. in Quincy, Ill. Popula-
tion served, about 50,000. Fraachises per-
petual.
Underlies—$2,000,000 Quincy Gas, Elec. &
Heating Co. 5% a sufficient amount of which
are reserved to retire this issue at maturity.
Earnings—See Quincy Gas, El. & Heating Co.
5s below. :
Original Market—Offered by Mason, Lewis &
Co., (now Lewis Bros. & Co., Boston) at 103%
and interest in Sept., 1899.
Market. 2
New York—Leonard Snider & Co., Bigelow &
Co., Curtis & Sanger, F. H. Hatch & Co., Ernest
Smith, R. B. Hathaway & Co., John W. Chris-
tiansen.
Chicago—E. T. Konsberg & Co., Hulburd,
Warren & Chandler.
Boston—L. Sherman Adams, F. W. Mason &
0.
Philadelphia—R. M. Stinson & Co., Bioren &
Co., Geo. S. Fox & Sons, A. C. Fitkin & Co.,
Chandler & Co., Oscar R. Dare, S. K. Phillips.
QUINCY (ILL.) GAS, ELECTRIC & HEATING
CO. 1st Cons. 5s. Due Sept. 1, 1935.—F.
Dated Sept. 1, 1905. Interest payable March
and Sept. 1, at Union Trust Co., Detroit.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co. and Gerald J. Mc-
Meehan, Detroit, Mich.
Redeemable at 105 and interest any interest
ate. :
Controlled by_ the National Gas, Electric
Light & Power Co., through ownership of 95%
of the $2,000,000 capital stock. 7
Secured by a mortgage on plants supplying
Quincy, Ill., with electricity, gas and steam heat.
Gas franchises are perpetual, electric franchises
expire 1941 and steam heating franchises in 1928.
e Fao Liens—$600,000 1st 5s of 1929 (Q. G. &
» Co.
Net Earnings, 12/31/14. $188,144
Interest 0.02.55 e 24 ees é 100,000
Original Market—First offered by H. W.
Noble & Co., Detroit, at 95 and interest.
Market.
Philadelphia—Chandler & Co., S. K. Phillips,
Geo. S. Fox & Sons, Chas. Fearon & Co., Reed A.
Morgan & Co., Bioren & Co., Oscar R. Dare.
Chicago—Kennett, Cowan & Co., Hulburd,
Warren & Chandler.
Portland, Me.—Chester H. Pease.
Baltimore—Poe & Davies.
New York—F. H. Hatch & Co., Leonard
Snider & Co., Bigelow & Co., R. B. Hathaway
Co.
Boston—H. L. Nason & Co., Walter S. Place,
L. Sherman Adams.
QUINCY MARKET REALTY CO. Ist 5s.
May 1, 1964
Tax exempt in Massachusi
Dated May 1, 1914.
and Nov..1. .
Authorized and Ouistanding—$1,600,000.
Denomination—Coupon, $1,000.
- Trustee—State Street Trust Co.,
Mass. os ‘
Redeemable on May 1, 1924, or any interest
date thereafter, as a whole or for the sinking
fund at 105 and interest.
Sinking Fund—$15,000 annually on May 1,
Due
: ects.
Interest payable May 1
Boston,
700
beginning 1924, to retire bonds, estimated to
retire issue by maturity. :
Organization—A voluntary association under
the laws of Massachusetts:
Secured by a first mortgage on real estate and
warehouse in Boston, leased to the Quincy Mar-
ket Cold Storage & Warehouse Co., for 50 years
from 1914 at a rental equivalent to interest,
sinking fund and dividends on realty company’s
stock. The lIéssee has outstanding, $1,000,000
stock, which is receiving dividends of 8% per
annum. :
Original Market—Offered in July, 1914, by
Blake Bros. & Co. and Edgerly & Crocker, Bos-
ton, at 105 and interest.
te ge
RACINE ¥ WATER CO. 1st 5s. Due Nov. 1
Dated “Nov. 1 1901. Interest payable May
and Nov. 1, at eae Loan & Trust Co,, New
p “Auihorized—$1, 200,000.
e Outstanding—$1, 006,000.
Denomination—Coupon, $1,000. :
Trustee—Farmers’ Loan & Trust Co., N. Y.
Redeemable at par and interest. ,
Organization and pontror_lnearpersted in
Wisconsin in 1886, for 50 years. All of the
stock is owned by the American Waterworks &
Electric Co.
Secured by a first mortgage on plant supplying
water to Racine, ‘Wis. Population served,
41,000. .Harly - ‘in 1912, when city was nego-
tiating for purchase of property the Wisconsin
State R. R. Commission placed a: tentative
value of $775, 000 on the plant. The franchise is
perpetual.
Net Earnings, 4/30/13. . $79, 250
THt@P OS bis saifisis ca :c58 4 sacs S90 see 50,883
Market.
Boston—F. W. Mason & Co.
Pittsburgh—H. P. Taylor & Ca.
-New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
RADFORD WATER POWER co. Ist 6s.
July 1, 1922.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Bank of Richmond, fobeee Va.
Authorized and Outstanding—$10
Denomination—Coupon, $500.
Trastee—Bank of Richmond, eee Va.
« Redeemable at 110 and interest.
Secured by a first mortgage on 4 miles: of
Street railway in Radford, Va., and plants s HEP
ing that city with electricity "and water. ‘om-
pany owns a hydro-electric plant. Population
served, 4, 500. Charter expires in 1931. Fran-
chises, which expire in 1921, are exclusive.
Net Earnings, 6/30/12........... . $14,202
IDK erettissxecaceige tiaawees 8 nee 6,000
Market.
Boston—H. C. Spiller & Co., Inc.
Ba * RIVER COAL CO. Ist 5s.
Dated April 1, 1908.
Interest payable Apr.
aa peed, , at Fidelity Title & Trust Co., Pitts-
urga,
Authorized—$2,500,000.
Outstanding—$2, 000, 000. ‘
Denomination—Coupon, $500 and $1,000.
q Trastee—Hidelity Title & Trust Co., Pitts-
urgh, Pa.
Redeemable on and after April 1, 1918, at 105
and interest.
Sinking Fund—5 cents per ton of 114-inch
coal.
7 Organization—Incorporated in West Virginia
in 1907.
Secured by_a first mortgage on 32,000 acres of
coal land in Belmont County, Ohio.
Market.
Pittsburgh—H. P. Taglor & Co.
Buffalo—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
RAILROAD SECURITIES CO. ILLINOIS CEN-
TRAL 4% Stock Certificates, Series ‘‘A.”
Due Jan. 1, 1952.—F.
Tax exempt, in New York.
“Dated Feb. 28, 1902. Tikerest payable Jan.
and July'1, at Company’s office, New York.
Interest is cumulative but is paaie only if
dividends received on shares pledged are suffi-
Due
Due April
Authorized—$20, 000,000.
Outstanding—$8, 000, 000.
Denomination—Registered, $1,000.
“4
Ee :
Trustee—United States Trust Co., New York.
Redeemable at 105 and interest. on three
months’ notice. If less than 'the entire amount
are redeemed, bonds must be drawn by lot.
. Organization and ‘Control—Incorporated * in
New Jersey in 1896. Present title adopted in
1900. Practically the ‘entire capital stock ‘of the
company is owned by the Union Pacific R. R.
Secured by a first lien on $8,000,000 capital
stock of the Illinois Central R. R. Co. Pa. vable
at maturity in shares of stock of the Illinois
Central R. R. Co., of an equal par value. Divi-
dends of 5% are now being paid on the stock of
the Illinois Central R.
Original Market—$8, 000, 000 offered in April,
1902, at 944 and interest by Kuhn, Loeb & Co.,
New York.
Market.
' New York—J. H. Becker & Co., F. H. Hatch &
E. Bunge & Co., Gude, Winmill & Co.
RAILWAY & LIGHT SECURITIES CO. Coll.
pees s. a 5s (Second Series). Due May 1,
939.
Dated ee 1, 1909. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$500, 000.
Outstanding—$487,000.
Balance Retired.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
eee ceeenle at 103 and interest on 21 days’
notic
Sinking Fund—$10,000 per annum from May.
1, 1914, to May 1, 1919; $15,000 from May 1,
1919, to May 1, 1924; $20, 000 from May 1, 19: 24;
to May 1, 1929; $27, 000 from May 1, 1929 to,
May 1, 1939, for the purchase or redemption oO!
bonds at not exceeding 103 and interest.
Organization—Incorporated in Maine, Dec.,
1904, as a holding company, and controlled by
Stone & Webster.
Secured. -by deposit with the trustee of the
following $625,000 bonds: $125,000 Pensacola
Electric Co. 1st 5s of 1931; $75,000 Whatcom
County Ry. & Light Co. ist 5s of 1935; $100,000
Haughton County Traction Co. 1st Cons. 5s_of
1937; $75,000 Dallas Electric Corp. Ist Coll. Tr.
5s of 1922; $125,000 Cleveland, Painesville
Eastern R. R. Co. 1st Cons. 5s of. 1918; and
$125,000 Columbus Electric Co. 1st Coll. Tr. 5s
of 1933. The right to substitute collateral is
reserved to the company.
Net Earnings, 12/31/14 niscate deta aleeg $270,871
TRG OR OSG jose: cainaitehe sito Sg coiiciortace ata dea
Original Market—First offered in July,” 1909,
at par and interest by Estabrook & Co., and
Parkinson & Burr, both of Boston and New York.
Market.
Boston—Parkinson & Burr, E. M. Farnsworth
& Co., Estabrook & Co., Stone & Webster.
RAILWAY & LIGHT SECURITIES CO. Coll.
Tr. 5s., 3rd Series. Due Nov. 1, 1939.—F.
Dated November 1, 1909. Interest payable
May 1 and Nov. 1, at Trustee’s office.
Authorized—$500,000.
Cutateniiag, ce’ 000.
Retired—$131,0
Denerainerline -Ganpiory $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston. _.
4 Redeemable at 103 and interest on any interest
ate.
Sinking Fund, Organization and Earnings—
See Second Series 5s above.
Secured by a first lien on $475,000 bonds as
follows: $75,000 Columbus. Electric Co. 1st
Coll. Tr. 5s, $42,000 Paducah Trac. & Lt. Co.
Coll. Tr. 58; $75, 000 Pensacola Electrie Co. ie
58; 3100, 000 Canton-Akron Consol. Ry. Gen.
Registerable
Registerable
701
Consol. 5s; a0 Cleveland, Painesville &
Eastern R. R. 1st Consol. 5s and $108,000 Lake
Shore El. Ry. Gen. 5s. .The company has abe
right of substitution of collateral.
arket.
Boston—Parkinson & Burr, Estabrook & Co.,
Stone & Webster.
eu York—Kirkpatrick & Lewis, ernerea:
0.
RAILWAY & LIGHT SECURITIES CO. Coll.
Tr. 58, 4th pou. Due May 1, 1942,—F.
. Dated May 1, 1912. Interest payable May
and Nov. 1, at Old Colony Trust Co., Boston,
ass. :
Authorized—$500;000..
Outstanding—$383, 000.
Balance Retired. |
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Old Colony Trust Co., Boston, Mass.
Redeemable as a whole on any interest date
at 103 and interest on 21 days’ notice.
Sinking Fund—$10,000 annually from 1917 to
1922, $15,000; 1923 to 1927, $20,000 1928 to 1932
and $27, 000 1982 to 1942, to purchase or redeem
bonds at not exceeding 103 and interest. ia
Organization ‘and’ Earnings—See 2nd Series
5s above.
Secured by deposit of following bonds of a total
par value of $625,000: $150,000 Canton-Akron
Consolidated Ry. Gen. Cons. 5s, 19338; $50,000
Cons. Power & Lit. Co. of S. Dakota 1st Cons. 5s,
“1929; $150,000 Key West Elect. Co. Ist 5s, 1956;
$135, J000 Dallas Southern Trac. lst 5s, 1941;
$140,000 Lake Shore Electric Gen. 5s. 1933.
The Company has the right of substitution of
Securities
Original Market—First offered by Stone &
Webster, Boston, etc., to yield more than 5%, in
Sept., 1912.
Market.
Boston—Estabrook & Co., Parkinson & Burr,
Stone & Webster, L. Sherman Adams.
New York—Estabrook & Co.
RAILWAY STEEL SPRING COMPANY Ist
Mortgage (Latrobe Plant) S. F. 5s. Due
Jan. 1, 1921.—F.
Dated January 1, 1906. Interest payable,
Jan, end July 1, at Harvey, Fisk & Sons, New
ork.
Authorized—$4,500,000. x
Outstanding—$3,263,000.
Balance Retired by Sinking Fund.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on any interest
day on six week’s notice.
Sinking Fund—Annually on or before Oct. 15,
$135,000, to purchase these bonds at’ not ex-
ceeding 105 and interest.’
Organization—Incorporated in New Jersey ‘in
1902. The company owns steel spring plants at
Pittsburgh and Philadelphia, Pa.; Oswego, N. Y.;
Detroit, Mich. and E. St. Louis, Il.; steel-tired
wheel plants at Depew and Hudson, N. Y.;
Scranton, Pa.; Pullman, Ill. and Denver, Colo.
and tire plants ‘at Latrobe, Pa. and Chicago
Heights, Ill. The two latter plants cover about
80 acres each, remaining plants comprise a total
of 33 acres.
Secured by a first mortgage on about 80 acres
of land at Latrobe, Pa., on which has been
erected a modern plant for the manufacture of
steel tires. The annual capacity of the plant is
about 90,000 tons.
Net Earnings, 12/81/14 5 26s as ove $713,285*
Interests. esci. & gece tm ee S 338,831
’*Compares with $1,472,100 in 1913, and an
annual average for 10 years of $1,688,400. ,
Listed on the New York Stock "Exchange. -
Original Market—Offered in Jan., 1908, at
,
a and parrots by Harvey Fiak . Sons, New
ork.
arket.
New York—H. Date apie? McGeorge &
Vanderhoef,' Harvey, Fisk &. Sons,. Callaway,
Fish & Co., Newborg & Co., Freeman & Co.,
Low. Dixon & Co., H. P. Taylor & Co.
Philadelphia—Henry & West, Chas. Fearon &
Co., Reed & Huntoon.
Los Angeles—Perrin, Drake & Riley.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co..
RAILWAY STEEL SPRING CO. First Mort-
gage (Inter-Ocean Plant) 5s. Due Oct. 1,
:1931.—F. :
Dated October 1, 1911. - Interest payable
April and Oct. 1, at. Company’ 8 ome. New York.
‘Authorized —$3; ;500,000.. --
Outstanding—$3,365,0 000..: I Ta
Balance Retired. by Sinking Fund. —
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Guaranty Trust Co., New York.
secacemable at 105 and interest on any interest
Registerable
eA iridng Fund—$125,000 annually on or before
April 15, commencing 1914, to redeem and cancel
these bonds at not over 105 and interest.
Organization and Earnings—See Latrobe
Plant 1st 5s above...
Secured by a first mortgage on a modern. steel
tire plant covering about 80 acres of land ‘at
Chicago Heights, Illinois, ‘with an annual capac:
ity of about 35;000 tons.
Original Market—Offered in Oct., 1911, at 97
and interest by Harvey Fisk & Sons, Jackson &
Curtis, both of New York, and the Cont’l &
Com’! Trust & Savings Bank, Chicago, Ill.
.Market.
Pittsburgh—H. P. Taylor & Co. ..
_ New York—Coffin & Co., Millet, Roe & Hagen,
Robinson & Co., Jackson & Curtis, Harvey Fisk
& Sons, Low, Dixon & Co., McGeorge & Vander-
hoef, H. Duncan Bulkley, Freeman: & Co., Foster
eS Adams, H. P. Taylor & Co., Denny, Pomroy
‘0.
Los Angeles—Perrin, Drake & Riley.
Philadelphia—Henry & West.
Buffalo—H. P. Taylor & Co.
RALEIGH & AUGUSTA AIR LINE RAILROAD
CO. 1st 6s. Due Jan. 1, 1926.—
See Map 1138.
Dated Dee. 3, 1885. Interest ‘payable! Jan. and
July 1, at Baltimore Trust Co., Baltimore.
Authorized and Outstanding—$1, 000,000.
Denomination—Coupon, $1,000.
Trustees—Charles M. Robinson, . Charles
Chauncey Savage and John W. Graham.
Control— Merged in 1901 into the Seaboard Air
Line Railway.
Assumed by Seaboard Air Line Railway.
Secured by a first mortgage on (6) 107 miles of
road from Raleigh to Gibson, N. C. This road
forms part of the main line of the Seaboard Air
Line R. R. Co. These bonds are outstanding
at the rate of $9,300 per mile.
Underlies—$61,575,000 Seaboard Air Line 1st
4s of 1950; Refunding 4s of 1959 under which
mortgage bonds are reserved to retire this issue,
and the Adjmt. 5s of 1949. 2
Legal for Balt. and Cal.
Listed on the Baltimore Stock Exchange.
Market.
Baltimore—J. Harmanus Fisher & Son, Town-
send Scott & Sons, Jenkins, Whedbee & Poe,
Baker, Watts & Coy epee T. Howard & Ca.,
Strother, Brogden &
New York—Coffin & Cox , Seasongood & Haas,
Wolff & Stanley, McGeorge & sao
Hartford—Roy P. Crary.
Baltimore—Sutton,& C ie
102
RALEIGH & CAPE FEAR RAILWAY Ist 5s.
Due March 1, 1943.—F.
See Map 90.
Dated March 1, 1903. Interest payable
March 1 and September 1, at office of Trustee.
Outstanding——-$137,000.
Denomination—Coupon, $1,000.
. Trustee-——Columbia Trust Co., New York. .
Control—Absorbed by the Norfolk Southern
~R. Co. | : he Tee ge
Assumed by the Norfolk Southern R. R. Co.
Secured by a first mortgage on (5) 62 miles of
road from Varina to Fayetteville, N. C. This
toad forms part of the main line of the Nor-
folk- Southern Ry. between Norfolk, Va., and
Charlotte, N. C. These bonds are outstanding
at the rate. of $2,200 per mile.
Underlies—$560,000 Raleigh & Southport 53
and 6s, and $12,967,000 Norfolk Southern Ref. 5s.
Market.
New York—F. J. Lisman & Co.
RALEIGH & CHARLESTON RAILROAD CO.
ist Prior Lien 4s. Due Feb. 1, 1956.—F.
See Map 114.
Dated Feb. 1, 1906. Interest payable Feb.
and Aug. 1, at Trustee’s office. ;
Authorized and Outstanding—$350,000.
Denomination—Coupon, $200 and $1,000.
Registerable as to principal. -_ ae
Trustee—Baltimore Trust Co., Baltimore.
-Redeemable at par and interest on any interest
date on three months’ notice, ~~ 5
Guaranteed principal and interest by the Sea-
board Air Line Ry. by endorsement. Be
Organization and Control—Incorporated in
North Carolina and South Carolina in 1905.
The entire capital stock is owned by the seaboard
Air Line Ry. Co. ; .
: Secured by a first mortgage on (7) 44 miles of
road from Lumberton, N. C., to South Marion,
S.C. These bonds are outstanding at the rate of
$8,500 per mile. | :
Underlies—$200,000 Cons. 4s of 1956. Bonds
are reserved under that mortgage to retire this
issue. The interest on this issue is a charge
against the earnings of the S. A. L. Ry. Co. prior
to the interest on its $25,000,000 Adjustment
Income bonds.
Net Earnings, 6/30/14......... Lae $24,046
Interest, etc..............06-.+++ 25,768
DADIS ASBULG acils os ezesder ann S-4pgealane Sone at one "14,000
Original Market—$100,000. offered_in .Dec.,
1911, by Middendorf, Williams & Co., Baltimore,
and J. L. Williams & Co., Richmond, Va., at 86
and interest.
Market.
Philadelphia—Chas. Fearon & Co., Chandler
& Co., Robt. W. Daniel.& Co. . 2
Baltimore—Townsend Scott & Son, Midden-
dori, Williams & Co., Jenkins, Whedbee & Poe.
New York—Tobey & Kirk.
RALEIGH & CHARLESTON RAILROAD Cons.
4s. Due Feb. 1, 1956.—F.
See Map 115.
Dated February 1, 1906. Interest payable
February and August 1, at office of Trustee.
Authorized—$1,000,000.
Ontstanding—$200,000.
Denomination—Coupon, $200 and $1,000.
Registerable as to principal. :
ee emtiational Trust Co., Baltimore,
Redeemable at par and interest on any interest
Guaranteed principal and interest by the Sea-
board Air Line Ry: Co. by gndorsement.
Secured by a mortgage on (7) 44 miles of road
from Lumberton, N. C., to South Marion, S. C.,
subject to a prior lien at the rate of $8,500 per
mile. These bonds are outstanding at the rate
of $4,500 per mile.
Prior Lien—$350,000 Ist 4s.
_. Underlies—Interest on these bonds is a
charge against the earnings of the Seaboard Air
Line prior to that of its $25,000,000 Adjustment
Income bonds. .
Earnings—See 1st Prior Lien 4s above.
Market.
é Crladelphis Chandler & Co., Chas. Fearon
0. 4
RALEIGH & GASTON RAILROAD CO. Ist 5s.
Due Jan. 1, 1947.—N.
See Map 113.
Dated January 1, 1897. Interest payable
Jan. and July 1, at Baltimore Trust Co., Balti-
more.
Authorized—$1,500,000.
Outstanding—$1,200,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. —
Trustee-—The Mercantile Trust & Deposit Co.,
Baltimore, Md.
- Control—Absorbed by the Seaboard Air Line
Railway in 1901,
Assumed by the Seaboard Air Line Railway.
Secured by a first mortgage on (3) 100 miles
of road from Weldon to Raleigh, N. C., and Roan-
oke Jct., N. C., to Roanoke, Va. This road forma
part of the main line of the Seaboard Air Line
between Richmond and Norfolk and points south
of the Virginia-North Carolina Line. These
bonds are outstanding at the rate of $12,000 per
mile. .
. Underlies—$61,575,000S.A.L. 1st 4s of 1950;
Refunding 48 of 1959, under which mortgage
bonds are reserved to retire this issue and Adjmt.
5s of 1949. i
Legal for Balt.
Market.
New York—Coffin & Co., McGeorge & Van-
derhoef.
Baltimore—Jenkins, Whedbee & Poe, Baker,
Watts & Co., John D. Howard, Townsend Scott
& Son, Hambleton & Co., Sutton & Co.
RALEIGH & SOUTHPORT RAILWAY Cons.
5s. Due June 1, 1965.—F.
See Map 90.
Dated June'1, 1905. Interest payable June 1
and December 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$374,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
Organization—Absorbed by the Norfolk South-
ern R. R. Co.
Assumed by the Norfolk Southern R. R. Co.
Secured by a second mortgage on (5) 62 miles of
road from Varina to Fayetteville, N. C., subject
to a prior lien at the rate of $2,200 per mile.
These bonds are outstanding at the rate of $6,000
per mile.
“Prior Liens—$313,000 R. & C. F. and R. & S.
5s.
Underlies—$12,967,000 Norfolk Southern 1st
& Ref. 5s. ;
Legal for R. I.
Market.
New York—F. J. Lisman & Co.
Baltimore—Jenkins, Whedbee & Poe.
RALEIGH & SOUTHWESTERN RAILWAY
CO. Ist 4s. Due July 1 1936.—F.
See Map 19.
Dated July 1, 1906. Interest payable Jan.
and July 1,.at J. P. Morgan & Co., New York.
Authorized—$1,500,000. a
Outstanding—$846,000. $510,000 owned by
the C. & O. Ry. Co.
Held in Treasury—$40,000.
Retired by Sinking Fund—$14,000. _
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York,
Registerable
703
Sinking Fund—One per cent. of all bona
issued to be set aside annually, beginning Nov. 1
1911, to purchase these bonds at not exceeding
par and interest; bonds so purchased to be can-
eelled. If notso ’ purchasable, fund shall be inves-
ted in approved securities. ~
Assumed by the C. & O. Ry. Co."
Guaranteed principal and interest by the
Cc. & O. Ry. Co. by endorsement.
’ Control—Absorbed by the Chesapeake &
Ohio Ry. Co. in 1910.
Secured by a first snorteare | on (12) 20 miles
of road from Raleigh, W. ° ‘southward to a
connection with the Virginian oRy. These bonds
are outstanding in the hands of the public at the
rate of $16,800 per mile.
Underlies—$68, 000, 000 Gen. Fd’g & Imp. and
convertible bonds and secured notes.
Legal for Fla. and Me.
. Original Market—Offered in t910 by White,
Weld & Co., New York, Chicago and Boston, and
H. P. Taylor & Co., Mowe and New York.
arket
New York—Potter, Choate & Prentice, Jones
& Lanman.
Philadelphia—c. D. Barney & Co., Cassatt &
Co.
Pittsburgh—H. P. Taylor & Co.
RAPID RAILWAY Ist 5s. Due March 1, 1915.
—F.
Dated March 1, 1895. Interest payable
March and Sept. 1, at Finance Co. of Pennsyl-
vania, Philadelphia. ©
‘Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
a ee Co. of Pennsylvania, Phila-
Control—All of the stock is owned by the
Detroit & Port Huron Shore Line Ry., which is
controlled through ownership of entire capital
stock by Detroit United Ry. Co. The stock-
holders of the Detroit Ry. Co. have approved
the sale of 222 miles within the city for $24,900,-
000, cet to the funded debt of the company.
. Secured by a first mortgage on' 19 miles of
. electric railway between Detroit & Mt. Clemens,
Mich. _ Franchises in Mt. Clemens and elsewhere’
expire in oat Balance of road built on private
right of w:
‘Onderlies $2, 197,000 Rapid Ry. and Det.
& Pt. Huron Shore Line Ry. 5s. Bonds are
reserved under the Det. & Pt. Huron Shore Line
Ry. 1st mortgage to retire this issue.
Net Eeralige: (Det. U. Ry. Co.) 3s
12/31/13 $3,811,072
Interest, taxes, « ete 166,072
New York—Bigelow © Co., ,C. D. Barney & Co.
RAPID RAILWAY Cons. 5s. Due May 1, 1916.
Dated May 1, 1896. Interest payable May
and Nov. 1, at Finance Co. of Pennsylvania,
Philadelphia.
Authorized—$600,
Outstanding—$300,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Finance Co. of Pennsylvania, Phila-
delphia.
Secured by a second mortgage on property
described under 1st 5s above, which see for
details.
Hadeclies 5 L027, 008 Det. & Pt. Huron
Shore Line Ry. 5s. Bonds are reserved under
that mortgage to retire this issue.
Prior Liens—$300,000 1st 5s.
‘Market.
Philadelphia—S. K. Phillips, Oscar R. Dare.
Detroit—H. W. Noble & Co., W. A. Hamlen &
Co.
New York—C. D. Barney & Co.
Registerable
RAPID TRANSIT STREET RAILWAY CO.
30-Year Ist 5s. Due April 21, 1921.—F,
Dated 1891. Interest payable ‘April and Oct.
at Trustee’s office.
Authorized and ee ee ge 000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Newark, N. J.
a Redeemable; at 110 and interest on any interest
ate.
Contsol Ceased June, 1893, to the Newark
Passenger Ry. Co. Rental, fixed charges an
1134% dividend on the capital stock. This
lease was transferred to the New Jersey Trac-
tion Co. and then to the Consolidated Traction
Co.’ The property of the latter company’ is
leased to the Public Service Ry. Co. for 999
years, which company is controlled by the Pub-
lie Service Corp. of New Jersey through stock
ownership.
Secured by a first mortgage on 12 miles of
street railway track in 7a ne oy of Newark, N. J.
Market.
New York—W. E, R. Smith & Co., Gudé, Win-
mill & Co., Kirkpatrick & Lewis, B. H. & F. W.
Pelzer.
- Newark—Fidelity Trust Co.
Philadelphia—Borden & Knoblauch.
RA QUeETE. ae RAILWAY CO. Ist 5s.
See Map 82.
Dated Jan.'1, 1900. Interest payable May
and Nov. 1 2 at Trustee’ ‘8 office, 15 Broad Street,
New’ Fou :
Authorized and Outstanding —$250, 000. =
“Trustee—J. P. Floyd, New York’ .
- Organization and Coutrel—Inearoarated in
New York in 1899. Operated by the New York
Central & Hudson River R. R. Co. as agent under
an agreement dated Jan. 1,1901. The latter does
not participate in the profits nor share in the
losses of this line. .
Secured by a first mortgage on (5) 18 miles of
road from Clearwater Jct. to Raquette_Lake,
N. Y. This line affords the New York Central
System an entrance into a large part of the’
Adirondacks region. These bonds are’ outstand-
ing at the rate of $13,900 per mile. ©
Legal for Me.
Deficit after taxes, 6/30/14
Interest
Due
$14,700
12,500 -
Due
RARITAN RIVER RAILROAD 1st 5s.
- Jan. 1; 1939.—N.
‘Dated Jan. 1, 1889. Interest. ‘payable Jan.
and July 1, at New Jersey Title Guarantee &
Trust Co., Jersey City.”
‘Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,0
Trustee—New Jersey Title Guarantee & Trust
Co., Jersey City, N. J.
Secured by_a first mortgage on 18 miles of
railroad from New Brunswick to South Amboy,
.- J. These bonds are outstanding at the rate
of $30,900 per mile. -
Net Earnings, 6/30/14 $94,848
Frus scus esa nsbatatlalecies tansy sera 20,116
Market. ;
Interest tease
New York—N. W. Halsey’ & Co., J. A. Clark
& Co., B. H. & F. W. Pelzer, Wood, Struthers &
Co., McGeorge & Vanderhoef.
RATON WATER WORKS CoO.
Feb. 1, 1935.—F.
Interest payable Feb. and Aug. 1, at Bankers’
Trust Co., New York.
* Authorized and Outstanding—$300,0!
Redeemable after Feb. 1, 1920, at "105 and
interest. .
Secured by a first imortgage on plant supplying
water to Raton, New Mexico, including all the
available water supply in the vicinity. The
company has 8,800 acres of land and two storage
reservoirs within seven miles'of Raton: Popu-
04
!
Ist 5s. Due
lation served, 6,500.. Franchise expires in 1916.
The City has acquired: water rights 23 miles
away, and proposes to pipe water into, the city,
Market..
Boston—H. C. Spiller & Co.
BAVENSWOOD,, SPENCER & GLENVILLE
RAILWAY CO. Ist 6s. Due Aug. 1, 1920.
See Map 6. ek 7 te :
Dated August 1,,1890. Interest payable Feb.
and Aug. 1, at B. & O. R. R. office, 2 Wall Street,
‘
New York. ge 2 :
Authorized—$400,000..
Outstanding—$361,000.
Pledged under B. & O.-P., L. E. & W. Va.
i
Ref. 48+$15,000. ian 38. day
Denomination—Coupon, $1,000. Registerable
as to principal.. Be if
. Trustee—Fidelity Trust Co., Philadelphia.
Control—Absorbed. by B..& 0.-R. R. Co.,
Oct., 1912. Nenad 23),
Assumed by the B. & O.,R. R. Co. Reh
Guaranteed principal and interest by the Ohio
River .R..R.-Co. by endorsement.
Secured by a first mortgage on (5) 32 miles of
toad from Ravenswood to Spencer, W. Va. These
Bonds are outstanding at the rate of $11,700 per
mile. ;
»,Refunding—Bonds are reserved under the
B. & O.-Pitts., L, E. & W. Va. Ref. 4s to acquire
the outstanding bonds of this issue.
Legal for Balt. ;
Market.
New York—Gilman & Clucas, Spencer Trask
& Gos Samuel Goldschmidt, McGeorge & Van-
erhoef. . ‘ o,
RAY CONSOLIDATED COPPER CO. Ist Conv.
6s. Due Jan. 1, 1921.—F.
Dated January 1,1911. Interest payable Jan
and July 1, at Company’s office, New York. ‘
Authorized and Outstanding—$2,487,500.
Retired by Sinking Fund—$403,500..
Converted into Stock— $109,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. as
-' frustee—Guaranty Trust Co., New York.
. Redeemable at 110 and interest Jan. 1, 1914,
or bs any interest date thereafter on four week’s
notice, :
- Convertible into stock of the company at the
rate of $20 per share, par $10, any time prior to
and including Jan. 1, 1917.
. Sinking Fund—Ten cents payable annually
for each net dry ton of ore treated from its prop-
erties: during the preceding calendar year, begin-
ning Jan. 1, 1914, and up to Jan. 1, 1917, and
twenty cents per ton thereafter, to, be applied
to the purchase or redemption of these bonds at
not over 110 and interest. ra
Organization—Incorporated in Maine in 1907.
In addition to the mining properties it owns
the Ray & Gila Valley R. R. Co. ;
Secured «by a first mortgage on 54 patented
mining claims, 57 mining claims for which United
States Receiver’s Certificates have been issued, 14
mining claims, location certificates for which
have been duly recorded, for. which application
for patent has not been made; all situated in the
Mineral Creek Mining District, in Pinal County,
Ariz., and including 2,150 acres of mining land,
and on about.4,000 acres of land in Gila and Pinal
Counties, Arizona. Ore reserves Jan. 1, 1913,
amounted to 82,904,368 tons averaging 2.19%
copper.
| Net Earnings, 12/31/14........ - $2,655,168
Interest...... Riu cis ¢ Tisch a DSi 259,540
Listed on the New. York and Boston Stock
Exchanges. '
«Original Market—Underwritten by Hayden,
Stone & Co., and offered in,1910 to the share-
holders at par. a? :
._ Market. Ҥ
. New York—Hayden, Stone & Co.,,Didrichsen
& Co., L. F. Rothschild & Co. ia Ff
READING & COLUMBIA RAILROAD. CO. lat
Cons. 4s. Due March'1, 1962.—F.
_ See Map 105,
' Tax exempt in Pennsylvania. é
. Dated March.1, 1912.. Interest payable Mar.
and Sept. 1, at Reading Terminal, Philadelphia.
Authorized and Outstanding—$850,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ee ee ad
Trustee—Pennsylvania Company for Insur-
ences on Lives and Granting Annuities, Phila-
erpala. ; ;
‘Organization and Control—lIncorporated in.
Pennsylvania in 1857. Owns all of the.stock of
the Reading, Marietta & Hanover R. R. Co. and
operates the 6 miles of road from Marietta Jct.
to Chickies, Pa., owned by that’ company. ,The
Reading Co. owns $788,200 of the $958,373
stock and the entire $1,050,000 debentures of the
Reading., & (Lolumbia R..R. Co. This line
affords the Reading Co. access to Lancaster
County, Pa., which, according to the U. S. Census
Bureau, ranks second in the United States in
the value of its agricultural production, being
exceeded only by Los Angeles County, Cal.,
which is more than four times as large.
Secured by a first mortgage on (11) 53 miles of
toad from .Columbia to , Sinking Springs, Pa.,
Lancaster Jct. to Lancaster, Pa., and from Man-,
heim to Mt. Hope, Pa. These bonds are out-
standing at the rate of $16,000 per mile.
Deficit, 6/30/14.........0.-20- 00 $57,524
Interestisiciegis 6c tscis be ge wale 33 101,750
‘ : ly
Philadelphia—Graham Co., Reed A. Mor-
gan & Co.
READING & WOMELSDORF ELECTRIC
RAILWAY Ist 5s. Due Jan. 1, 1925.
Tax exempt in. Pennsylvania. i
Dated Jan. 1, 1895. - Interest payable.Jan. and
July 1, at Colonial Trust Co., Reading, Pa.
Authorized and Gotstanding alae
ee ogneminatien—Coupan, $100,. $500 and
Trustee—Real Estate Title Insurance & Trust.
Co., Philadelphia. ayt 3
Redeemable at any time.
Organization and Control—Incorporated in
Pennsylvania in 1894. All of the stock is owned
by the Reading Traction Co., which leases the
road for 99 years from 1895, the rental being
the net earnings after payment of charges. The
Reading Traction Co. is leased to the United
Traction Co., of Reading, all of the stock of this
last company being owned by the United Power
& Transportation Co. The property of the
United Traction Co. of Reading is leased to the
Reading Transit & Light Co., which is controlled
through stock ownership by the Eastern Power
& Light Corp. . f
‘Secured. by a first mortgage on 14 miles of
electric railway.
Net Earnings (R. T. & L.),
: WAG asp os: atts arises asd teat $1,046,787
Ren bas cape ess bean bee ReAe 540
ANGELES «oes vers & ea peisvne ins Beet eis 209,609
Market.
Philadelphia—S. K, Phillips.
New York—J. H. Becker & Co.
READING BELT RAILROAD CO. ist 4s. Due
Sept. 1, 1950.—F.
Tax exempt in Pennsylvania.
Dated September 1, 1900. Interest payable-
March and Sept. 1, at Reading Terminal, Phila-
Ihe lk
huolisd and Outstanding—$750,000. ;
Denomination—Coupon, $1,000.. Registerable
as to principal or fully registerable. iy
705
Trustee—Girard Trust Co., Philadelphia.
‘Organization and Control—Incorporated in
Pennsylvania in 1900 the Reading Belt R. R.
was leased for 999 years in 1902, to the Phila-
delphia & Reading Ry. Co., which owns its entire
capital stock. The Reading Company owns the
entire capital stock of the Philadelphia & Reading
y. Co. : y
Guaranteed as to principal and interest by the
Reading Co. by endorsement.
Secured by a first mortgage on about 7 14 miles
of belt railroad, in and around Reading, Pa.
Legal for Conn., Me., Mich., Minn., N. J.,
and Wis. ;
Market.
Philadelphia—W. H. Newbold’s Son & Co.,
Chas. Fearon & Co., S. K. Phillips, Reed A.
Morgan & Co., Frazier & Co., Reilly, Brock & Co.
READING COMPANY Jersey Central Coll. 46.
Due April 1, 1951.—F.
See Map 105. .
‘Tax exempt in Pennsylvania.
Dated April 1, 1901. Interest payable April
and Oct. 1, at J. P. Morgan & Co., New York,
and at Philadelphia. —
Authorized—$45,000,000.
Outstanding—$23,000,000. -
Denomination—Coupon, $1,000.
as to principal or fully registerable.
$1,000. ' C. & R. interchangeable. |
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
Redeemable at 105 and interest on any interest
date upon six months’ notice
Organization and Earnings—See Gen. 4s below.
_ Secured by a first lien on the following securi-
ties: $14,504,000 of the $27,436,800 stock of the
Central R. R. Co. of N. J., which owns (6) 372
miles of road from Jersey City to Bayside’ and
Bivale, at the southern end of New Jersey, and
to Phillipsburg, N. J., controls (7) 29 miles of
branches and leases, (8) 192 miles of road from
Phillipsburg to Wilkes-Barre and Scranton, Pa.
and controls extensive anthracite coal properties.
This road furnishes an entrance into New York
for the Philadelphia & Reading Ry. Co. and the
Baltimore & Ohio R. R. Co. Dividends on’ the
stock are being paid at the rate of 12% per
annum, and the market value is more than twice
the price at which the stock is deposited as security,
namely $160 per share. The' average annual
earnings applicable to dividends in the past four
years exceeded 20% on the stock;' $1,495,000 of
the $1,500,000 stock of the Perkiomen R. R. Co.
which owns (9) 58 miles of road from Perkiomen
Jct. to Emaus, near Allentown, Pa. Dividends
of 7 % per annum are being paid on this stock, and
average earnings applicable to dividends have
been equal to more:than 12% per annum on the
stock; $440,000 of the $2,000,000 stock of the Port
Reading R. R. Co: which owns (10) 21 miles of
road from Port Reading Jct., to Port Reading,
Pa., affording the tidewater outlet on New York
Harbor. Since 1909 annual dividends of 12%
have been paid on this stock, and earnings ap-
plicable to dividends have averaged more than
23% per annum on the stock.
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—$23,000,000 offered in Feb.,
1901, at 94 and interest by J. P. Morgan & Co.,
New York, and Drexel & Co., Philadelphia.
Market. es
New York—Coffin & Co., Lawrence Barnum
-& Co., Penington, Colket & Co., J. S. Bache &
‘Co., Freeman & Co., Jacobson & Friedman,
Newborg & Co., Redmond & Co.,' Hodenpyl,
Hardy & Co., Bigelow & Co. 2 oe
‘Philadelphia—E.' B. Smith & Co., Chandler
.& Co., E. W. Clark & Co., Graham & Co., Brown
Bros. & Co., Elkins, Morris & Co., Wurts, Dulles
& Co., Mellor & Petry, Henry & West, W. H.
Newbold’s Son & Co., S. K. Phillips, Geo. S.
Registerable
Registered,
Fox & Sons, Harper & Turner, Reed & Huntoon,
Frazier & Co., Reilly, Brock & Co., Cassatt &
Co., Wistar & Stokes.
Chicago—Hodenpyl, Hardy & Co.
READING COMPANY Wilmington & Northern
3 R. R. Stock Trust 4% Certificates, payable
when redeemed.—F.” ead
See Map 104.
Tax exempt in Pennsylvania.
Dated March 1, 1900. Interest payable March
June, Sept. and Dec. 1.-
Authorized—$1,300,000.
Outstanding—$1,295,000. P
Denomination—Registered, $1,000.’ Ph
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest on 30 ‘days’
notice. ae ca
Organization—See Gen. 4s below.
Secured by deposit with the Trustee of $1,495,-
000 out of $1,500,000 capital stock of the Wil-
mington & Northern R. R. upon which 344%
dividends are guaranteed by the Philadelphia &
Reading’ Ry. Co. under 999 years lease. The
W. & N. R. R. Co. owns (16) 88 miles of road of
which 40 miles are double-tracked, from Birds-
boro, near Reading, Pa., to Wilmington, Del.
subject to mortgage at the rate of $4,400 per mile.
Listed on the Philadelphia Stock Exchange.
Original Market—Offered’ in 1904 at par and
interest by Drexél & Co., Philadelphia.
. ' Market. © 4
Philadelphia—S. K. Phillips, Frazier & Co.,
Cassatt & Co. Yih eae
New York—J. H. Becker & Co.
READING CO. AND THE PHILADELPHIA &
READING COAL & IRON CO. Gen. 4s.
Due Jan. 1, 1997.—F.
See Map 103. —
Tax exempt in Pennsylvania.
‘Dated January 5, 1897. Interest payable
Jan. and July 1, at J. P. Morgan & Co., New
York.
Authorized—$135,000,000.
Outstanding—$98,377,000.
Held in Treasury —$5,140,000.
Cancelled by Sinking Fund—%$6,926,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $500, $1,000, $5,000 and $10,000. ". -
Trustee—Central Trust Co., New York.
‘Sinking Fund—In any year in which dividends
are paid upon its preferred or common stock, the
Reading Co. shall also pay to the Trustee as a
sinking fund, five cents per ton upon all coal
mined in the preceding year from the lands owned
by the Coal Co. ' This sum shall be applied to the
purchase of these bonds at not exceeding par. If
bonds are not so purchasable fund shall be in-
vested in securities legal for New York Savings
Banks. ° : Me s
Organization—Incorporated in Pennsylvania
in 1871 as the Excelsior Enterprise Co. Present
title adopted in 1896 when the company acquired
all of the property of the P. R. R.'R. Co., and
all of the property except coal and iron lands'and
their equipment, of the Philadelphia & Reading
Coal & Iron Co. The company now controls
through ownership of their entire capital stocks
companies owning 2,150 miles of road. The com-
pany also owns the entire capital stock of the
P.& R.C Co. heed,
Secured under a joint mortgage of the Reading
Co. and the Philadelphia & Reading Coal & Iron
Co. on a first lien, on the entire $20,000,000 P.
& R. Ry. Co. purchase money mortgage Ft
which are secured by 4 first lien on 30 miles o!
branch and connecting lines, a third mortgage on
(4) 167 miles of road from: Auburn to Rockville,
Lebanon Jct. to Brookside, Locust Summit to
Herndon, Locust Dale to St. Nicholas and
branches, subject to prior liens at the rate of
$38,100 per mile, and a fourth mortgage on (5) 147
106
a
miles of road from Philadelphia to Mt. Carbon
and from Reading to Harrisburg, subject to prior
liens at the rate of $56,400 per mile. The entire
capital stock, $42,481,700 of the P. & R. Ry. Co.
is also deposited under this mortgage, as is
practically the entire $8,500,000 capital stock
of the P. & R. Terminal R. R. Co., which owns the
Reading Terminal and approaches in_Phila-
delphia, subject to $8,500,000 bonds. Further
secured by a first lien on the leasehold interest of
the Philadelphia & Reading Ry. Co. in about (1)
600 miles of road, and a first lien on $18,500,000
other stocks and $14,260,000 bonds of subsidiary
eompanies of the Reading Co. These bonds are
also secured by a second mortgage on about
100,000 acres of coal land in the anthracite coal
fields of Pennsylvania and on first lien on the
stocks and bonds of several coal companies, owned
by the P. & R. C. &I. Co.
Prior Liens—(on property covered by the
deposit of entire issues of stocks or bonds), $28,-
800,000 bonds.
Net Income, Rdg. Co., 6/30/14 $16,816,969
Interest, Taxes and Sinking Fund 5,494,907
Listed on the New York and Philadelphia
Stock Exchanges.
Original Market—-$18,000,000 offered in 1911
by J. P. Morgan & Co., New York, and Drexel
& Co., Philadeiphia, ae prices to yield 444%.
arket.
New York—Crawford, Patton & Cannon,
Blodget & Co., Folsom & Adams, Plympton,
Gardiner & Co., L. M. Prince & Co., Davies,
Thompson & Co., Seasongood & Haas, Brown
Bros. & Co., F. H. Hatch & Co., Coffin & Co.,
Low, Dixon & Co., Mabon & Co., Redmond &
Co., Montgomery, Clothier & Tyler.
Philadelphia—Henry & West, Chas. C. Harri-
son, Jr., & Co., Chas. J. Bender & Co., E. W. Clark
& Co., E. B. Smith & Co., Mellor & Petry, H. F.
Bachman & Co., Elkins, Morris & Co., Benson
& Packard, Graham & Co., Geo. S. Fox & Sons,
Harper & Turner, Frazier & Co., Reed & Hun-
oon.
Pittsburgh— Mellon Natl. Bank.
RENO POWER, LIGHT & WATER CO. Ist
Cons. 6s. Due July 1, 1944.—N.
Dated July 1, 1904. Interest payable Jan. and
July 1, at San Francisco and Philadelphia.
Authorized—$750,000.
Outstanding—$442,000.
Sinking Fund—$8,000.
c. ee eercantale Trust Co., San Francisco,
al.
Redeemable at 110 and interest, decreasing to
100% and interest.
,. Sinking Fund—1% of bonds issued per annum,
Increasing to 1.7% by maturity.
Organization and Control—Incorporated in
Nevada in 1904. Controlled by: Sierra Pacific
Electric Co. through ownership of entire capital
stock. The Sierra Pacific Electric Co. is under
the management of Stone & Webster. . 2
Secured by a mortgage on plants supplying
electricity and water to Reno, Nevada. Popu-
lation served, 15,000. Franchise expires in 1954.
Prior Liens—$222,000 Nevada Power, Light &
Water ist 6s.
Net Earnings, S. P. E. Co., ‘
V2 / BUG ic. cre capstone oo > eaves $338,929
Interest and Sinking Fund....... 90,804
Market.
Boston--—Stone & Webster. :
New York—J. H. Becker & Co.
RENSSELAER & SARATOGA RAILROAD CO.
Agt 7s. Due May 1, 1921.—N.
See Map 44.
Dated May 1, 1871. Interest payable May
and Nov. 1, at Delaware & Hudson. Company’s
office, 32 Nassau Street, New York
., Atthorized—$2,000,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000.
Trustees—H. C. Shields, T. Vail and Wm. L.
Thompson.
Guaranteed as to interest by the Delaware &
Hudson Co.. a
Organization and Control—Incorporated in
New Yorkin 1832. The Delaware & Hudson Co.
owns $800,000 of the $10,000,000 stock and leases
the property into perpetuity at a rental equiva-
lent to interest, taxes, maintenance expense,
8% per annum on the stock and $1,000 per year
for organization expenses. ;
Secured by a first mortgage on (5) 135 miles of
road from Troy to Ballston Spa, N. Y., Saratoga
Springs to New York-Vermont State Line, and
Rutland, Vt., to en Bridge, N. Y. This road
forms a part of the D. & H. Co.’s main line from
Seranton, Pa., and Bingampton, Albany and
Troy, N. Y., along Lake Champlain to Montreal,
Canada. These bonds are outstanding at the
rate of $14,800 per mile.
Net Earnings, D. & H. Co.,
12/31/14..... «++ $9,417,405
Rentals. + 1,997,771
Interest . 2,811,771
Legal for Cal., Co Me.,
N.J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
New York—Ambrose’ R. Clark, Wood, Stru-
thers & Co., Coffin & Co., Ladd & Wood, Foster
& Adams, J. H. Becker & Co., Estabrook & Co.,
Ferris & Haas, McGeorge & Vanderhoef, Remick,
Hodges & Co.
Pittsburgh—Speer Bros.
Boston—Estabrook & Co., R. L. Day & Co.
Philadelphia—Chas, C. Harrison, Jr., & Co.
REPUBLIC IRON & STEEL CO. 10-30. Year
' §. F. Mtge. 5s. Due April 1, 1940.—F.
Dated April 1, 1910. Interest payable April
and Oct. 1, at Central Trust Co., New York. é
Authorized—$25,000,000.
Outstanding—$17,834,000.
‘Retired by Sinking Fund—$2,035,000.
. Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000 and multiples of $5,000. C.& R.
interchangeable. oak
Trustees—Central Trust Co., New York, and
James N. Wallace. ae :
Redeemable for sinking fund at 105 and in-
terest on any October 1st, commencing 1911, or
as a whole on any interest date commencing
April 1, 1920, upon eight weeks’ notice.
Sinking Fund—$250,000 in cash or these bonds
at face value annually on April 1, and in addition
an amount equal to 244% of all bonds issued over
$10,000,000. The sinking fund is to be increased
by the excess amount whenever the annual pro-
duction of ore from the mines owned or leased
by the company exceeds $500,000. This sink-
ing fund is to be applied to the purchase of these
bonds at not over 105 and interest, or to their
redemption as above. Bonds so acquired to be
cancelled.
Organization—lIncorporated in New Jersey in
1899. The company owns rolling mills and
factories at Youngstown, Ohio, 6 plants; E.
Chicago, Ind.; Moline, Ill.; and. Muncie, Ind.;
blast furnaces at Youngstown, 2 plants, 5 stacks;
Sharon, Pa., 1 stack; Newcastle, Pa., 1 stack and
Thomas, Ala., 3 stacks; ore mines at Virginia,
Minn., 3 mines; Gilbert, Minn., 3 mines; Iron
River, Mich., .2:;mines; Negaunee, Mich. 3
mines; McKinley, Minn.; Biwabik, Minn.;
Keewatin, Minn., Kinarey, Minn,, and Birming-
ham, Ala., 5;mines; coal mines and coke plants
at Republic, Gans and Martin,,Pa., and Birming-
ham, Ala., 4 plants, and limestone quarries at
Birmingham, Ala. The annual eapacity of the
plants exceeds 1,000,000 tons of finished products
and. 1,170,000 tons of pig iron per annum. ..
Mich., Minn.,
107
' (Sdeured by a first! mortgage on all ofthe prop-
erty of the company as described above, and on
secufities: of numerous subsidiaries. After Oct.
1, 1914, these bonds will be a first mortgage on all
of the ‘property ofthe company." }
Net Earnings, 12/31/14. . 5 - $2, 407; 552
r ‘Interest : 3
*Compares with $5, 410, 134. in “4913 and: an
éniual average for ten years of $3,372,000.
- Listed on‘the New. York. Stock Exchange.
«Original: Market—$5, 000,000. offered in 1910
by Hallgdrten & Co.; ‘and Jo& W. Seligman &.
Co., New York; $2,000,000:in Sept., 1912, by’
Blair &-Co:, at market. » Offered in April, 1915,
by Blair & Co. at'93 and interest. '
Market. ° u
' ‘Boston —L. Sherman Adams.
New York—Blair. & Co., J. & W. Seligman &
Co., H. P. Taylor &Co., H.N. Whitney & Sons,
G. W. Walker & 'Co., Bigelow & Co., Knauth,
Nachod & Kuhne, Robinson '& Co., L. M. Prince
& Co., H. Duncan Bulkley, Low, Dixon & Co.,
Cc. H. Hensel, McGeorge & Vanderhoef..
Pittsburgh——The. Safe Deposit. & Trust Co.
Gordon: & Co., H. P. Taylor. .& Co., Moore,
Leonard & Lewis.
»‘Chicago—Harris, Winthrop &! ‘Co. a
Buffalo—H. P. Taylor & Co.
Ahi ‘
REPUBLIC RAILWAY & LIGHT CO. Secured
7: Notes. Due Jan. 1, 1916.—N.
a ‘Dated April 1, 1912... Interest payable Jan.
and July (1, ‘at: Trustee’s office.
Authorized—$5, 000,000.
Outstanding—$3, 600, 000.
Denomination—Coupon, $1, 000.
Trustee——Brooklyn ‘rust Co., Brooklyn, N. Y.
Redeemable at 100 and interest on 30 days’
notice.” °° ibs
Secured by a first lien on the property of the
Pernsylvania Power Co., which owns a hydro-
electric plant and supplies electricity in Ellwood
City, Pa., and vicinity, ‘serving a population of
8,000, through deposit ‘of all the first mortgage
bonds and air ‘the stock of that company; and
on ‘all the property of the Republic Construction
Co.which owns a large steam electric generating
plant,.: at >Lowellville, Ohio, and’ transmission
lines between Youngstown, Ohio, and New
Castle, Pa.,‘through ‘deposit of all the first mort-
gage bonds and all the stock of that company;
and 4 first lien on over 98.55% ($10,592,500 par
value) of the outstanding stock of the Mahoning
& Shenango Ry. & Light Co. It is reported that
earnings of the last named company, available
for dividends on the stock, in 1914, were $534,373.
*’ This company, with its subsidiaries owns and
operates about 150 miles of electric street and
interurban railways, three electric light and power
plants and the artificial gas plants in Youngs-
town. The railways include the local lines in
Youngstown, Warren and Niles, Ohio, and New
Castle and "Sharon, Pa., and interurban lines
connecting those cities.
: Practically all Pennsylvania franchises are
perpetual. Railway franchises in Youngstown
were recently’ renewed for twenty-five years.
The most important interurban franchises in
Ohio expire from 1945 to 1950, and Ohio lighting
franchises expire from 1925. ‘to 1934,
Prior Liens—$9,950,000 bonds of constituent
companies.
Net Earnings, 6/30/14 ee ee
‘Interest... .. 0.0... .'.3. bey
Original Market—$2, 000;
1912, by White, Weld & Co., New York, ona 6%
basis and $600,000 on 6% basis in June, 1913.
$400,000 offered:in January, 1915, by White,
Weld & Co., New York, and Montgomery,
Clothier & Tyler, New York and Philadelphia,
at 9834 and interest. ‘
‘Mar
New York—White, Weld &. Co., Williams,
Dunbar & Coleman;!H. P. Taylor & Co., Federal
Utilities, Inc.;' ‘Gude, Winmill & Co.
Philadelphia—Montgomery, Clothier’ & ‘Tyler,
H. F.. Bachman &'Co., Oscar R. Dare. !
Providence—Bodell & Co. -
‘* Baltimore—J.S. Wilson, Jr.; & Co... °
‘St. Louis—Mississippi Valley Trust Co.
= ae P. Taylor & Co.
‘ Buffalo—H. P . Taylor’ & Co.
REPUBLICAN VALLEY. RAILROAD ‘CO. Ist
Ss. F. oe, Due Jaly 1, 1919.—N
See Map
- Dated Daly 1, 1879. Interest payable Jan.
and? July 1, at’ National: Bank of Commerce,
Boston.
~Authorized—§2, 643,000.
Outstanding: in Hands of Public—$143,600
(Closed mortgage).
Held in Sinking” Fund—$770, 800. :
. Held in Treasury—$18,4 aan
Denomination—Coupon, $600 and $1,000.) ‘.~
Trustee—New England. Trust Co., Boston:
Redeemable for sinking fund at par and
interest.
Sinking Fund—The interest. on bonds held
in sinking fund is to be applied to the purchase
or redemption of this issue at not exceeding
par and interest; bonds so acquired to be held
alive in sinking fund and interest thereon added.
This fund with its: accumulation will retire this
issue at maturity.
; Assumed by the Chicago, Burlington & Quiney
- R. ‘Co.
“Merged into the C., B. & Q. R. R. Co. in 1882,
Secured by a first mortgage on (2) 90 miles of
road from the west line of Red Willow County
to west line of Franklin County, Neb. This
road forms part of the line of the C., B.& Q. R. Rs’
to Denver, Colo. These bonds are outstanding
at the rate of $1,600 per mile.
Underlies—$63,247,000 C., B. & Q. General 43
under :which mortgage bonds are reserved to
retire this issue.
Legal for Balto., ole Conn., Fla., Me., Mass.,
mie Minn., Mo., N . HL, N.J., N.Y., R. I. and
_ Listed on the Boston Stock Exchange.
Market.
‘New York—-Remick, Hodges & Co., J. H.
Becker & Co. i
Rae MINING CO. Ist 5s.
Dated Jan. 1, 1895. Interest payable Jan. and
July 1, at ‘Yrustee’s office.
Authorized and Outstanding—$2,500,| 000.
Denomination—Coupon, $1,000.
Trustee—Columbia Trust Co., New York.
Controlled by the International Salt Co.
through ownership of 35,890 of the 86,000
shares of stock.
Secured by a first mortgage on 640 acres of
land, and mining works and plants at Livonia
and Retsof, » N.Y.
Underlies—$3 ,829, 000: International Salt Co.
1st ‘Cons. Coll. Tr. 5s.
Net Earnings, 2/28/14... é $665,478
*Interest, etc.........--. eee ee 371,188
*Includes dividends on Int. Salt. Co., sub-
sidiary companies, administration expenses, ete.
Market. | .
New tore B.-Hathaway & Co., Tobey &
Due Oct. I,
Kirk, J. K. Rice, Jr., & Cp., Gilbert Eliott & Co.,
Curtis £ Sanger, F. H: Hatch & Co:, Geo. S.
Crap, R. Westerfield, Kirkpatrick & Lewis,
Dic De & Co.
C Scranton,. Pas Brooks & Co., E. A. Burke &
Oe
RHODE ISLAND SUBURBAN RAILWAY Ist
4s. Due Jan. 1, 1950.—F.
Dated 1900. Interest: payable Jan. and July 1,
at Company’s office, Providence, Rv I. |
-108
Authorized—$5,000, oe "
Outstanding—-$4,682,
etecominetion? Comet: ‘$1, 000.
: Irustee—Union Trust Co., Providence, R. E
-Guaranteed as to principal and interest by
United Traction & Electric
Control—All of the stock is owned py the
United Traction & Electric Co. and. property
leased to Rhode Island Co. for 999 years from
1902. All of the stock of the Rhode Island.Co.
is owned by. the; New England Navigation Co.,
which is controlled by the New York,
& Hartford R. R. Co. through ownership of entire
capital stock. - a
New Haven’
_-The stock of the New England Navigation ‘Co.
has been placed in the hands of Trustees, and
the stock of the United Trac. & El. Co. in hands
of the so-called ‘‘Trolley Trustees” to be sold:
by July 1, 1919, if possible, in accordance with
ue plans agreed upon by the N. Y., N. H. & H.
B Rw R. Co. and the Dept. of Justice of the United
tates.
Secured by a. first. mortgage: on the former
Oakland Beach Branch of the New York, New’
Haven & Hartford R. '‘R. Co., which has been
electrified, and also by deposit of 700 shares
Cumberland: St. Ry.-stock,; 8,985 shares Paw-
tuxet Valley El. St. Ry. stock and 5,000 shares
Barrington, Rockland. & Bristol Street Ry.
stock. The total mileage of the company 57
miles, and the company also owns an extensive
power plant and distribution system.
Prior Liens—$317,200 bonds of companied
whose stock is deposited. :
Net ee Rhode Teland Co.
6/80/14. 2) wees. Hoe Ute tata $1, 617,019
Interest and rentals. < 15279, 366
arket.
Providence—Providence Banking Co., Davis
&.Davis, Brown, ‘Lisle: & Marshall, Edgar M.
Dexter & Co., WiW. White & Co., "Hornblower
Weeks.
.New York—Bigelow & Co., F. H. Hatch & Co.,
Clark, Dodge & Co. -
/Boston—Walter S. Place, Hornblower &
Weeks, L. Sherman Adams. i ee
RICHELIEU & ONTARIO NAVIGATION CO.
Debenture 58. _ Due prior | to Sept. 1,
1937.—N. -
, Dated ‘ September’ 4 1907. Interest payable
March 1 and September ‘1, at Bank of British
North America, London and Montreal.
Authorized—$2,000,000. ;
aes 876, 7 80.
- Cancelled—$10
‘Redeemable yt ie at 105 and futorest: orasa
whole at 110 and interest. All bonds are to be
purchased in the open market at not exceeding
105 and interest, or redeemed at that price, by |
September 1, 1937.
ti Control—Absorbed by Canada Steamship
ines.
Security—-A direct obligation of the company,
but not secured by a mortgage. The company
owns and operates a’ fleet of steamers on the
St. Lawrence River, between Toronto; Montreal,
suas, and Chicautimi, and also owns ‘several
8. weet
Net Earnings ve s. Ss. 5 EanEE
12/31/14....
Interest..... dip SEURA Rees ERE
Market.
Montreal—Hanson_ Bros., ; Canada See: Corp.,
_ $928,066 °
987,969
RICHMOND & ALLEGHENY RAILWAY CO.
1st Cons. 4s. Due Jan. 1, 1989.:,; See Ches-
apeake & Ohio Ry., Richmond & Alle-
gheny Div. 1st Consol. 48, 1989.—F.
Market. /
New York—Wood, Struthers & Co., Peck,
Rasmus & Truesdale.
RICHMOND & ALLEGHENY RAILWAY CO..,'
Second Cons. 4s. Due. Jan. 1, 1989. See.
'. C. & O. Ry. Co., Richmond & Allegheny
Div. 2d Consol. 4s, 1989.—-F. :
RICHMOND & DANVILLE RAILROAD CO.’
Deb. 5s... Due April 1, 1927.—N.
See Mapi121. ....
Dated April 1, 1882. Interest payable Kasil
and .Oct..1, at I: P. Morgan & Co., New York.
Originally 6% income bonds, but interest re-
duced and made a fixed. charge in 1895.
--Authorized—$4,000,000.;
Outstanding—$3,368,000 pMortgane closed)..
Denomination—-Coupon, $1,000.
Trustee—Central Trust Co., New Bone i,
Control—See 1st’ 6s above.
Secured by a first mortgage on (6) 140 inthe
of.road fram Danville to Richmond, Va. These
bonds are outstanding at the..rate of $24,000
per mile.
Underlies—$132,000,000 Southern . Ry. Cons.
5s of 1994, under which bonds are renerven
for the retirement -of this issue,’ Déh. & Gen. 4s,
of 1956 and notes.
Listed on the New orks Stock Exchange.
Market.
New York-—Wolft & Stanley, come & ‘Co.,
Rauscher & Childress, Redmond & Co., Mc-.
George. & Vanderhoef.
Baltimore—W. W. Lanahan & Co., ‘Jenkins,
Whedbee & Poe, Baker, Watts & Co., ‘Townsend
Scott & Son, Sutton & Co.
Philadelphia—Graham & Co.
RICHMOND & MECKLENBURG RAILROAD
co. 1st oe Due Nov. 1, 1948.—F. |
See Map 121.
Dated November 1, 1898. Interest payable
My and Nov. 1, at J. P. Morgan & Co., New
Authorized and Qutstanding—$315,000.
Denomi: pation Couven, $1,000.
Trustee—Virginia Trust Co., Richmond.
‘Guaranteed as to interest under terms of lease
by the Southern Ry. Co.
Organization and Control—Incorporated ” in
Virginia in 1880. . Leased in 1898 to the Southern
y-,Co. for 50 years at an annual rental equal to.
the interest and taxes. Of the $362,703 capital ,
stock of the Richmond & Mecklenburg R.
Co. the Southern Ry. owns $300,000, all put
$600 of which is p edged under its Dev. &
Gen. 4s.
Secured by a first” mortgage on (12) 31 miles
of road from Keysville to Clarksville, Va..: This
line forms part of a short route between Rich-
mond, Va., and Durham, Raleigh and other points
in North Garolina. These bonds are outstanding
at the rate of $10,000 per mile.
Refunding—Bonds are reserved under the
Southern Ry. Dev. & Gen. 4s of 1956 to retire
this issue. .
Listed on the New York and Richmond Stock
Exchanges.
Market.
New. York—Wm. A. C. Ewen, B.. ie Cc. Ran-
dolph, Wm. C. Wilson.
PETERSBURG RAILROAD
RICHMOND &
CO. Cons. 4%s. Due April 1, 1940.—F.
See Map 3.
Dated ‘April 1, 1890.
and Oct. 1, at Brown Bros.
Authorized—$1, 000,000... cc
Outstanding—$300, 000 (Mortgage closed: yo
syehominatiod: “Coupons $1,000. Hegubirabls
asto principal, or fully registerable.
-Trustee—Central Trust Co., New York. .
Assumed by the Atlantic ae Line R.-R. Co. «
:Control—See ‘Ist. 6s and 7s.
Secured by a first’ mortgage on 4% miles:
of road from Clopton to. James River, Va., and a-
second mortgage on (14). 27 miles,of road from .
_Interest.: payable April
Co., New York.
709,
Richmond. to’ Petersburg, Va. ‘These bonds are
outstanding at the rate of $11,100 per mile.
1 prise Lien—$340,000 R.. & P. Ist 7s and 6s of
9
Underlies—$65,000,000 A. C. Ts: Cons. 4s of
1962, Unified 4s of 1959, Gen. Unified 4s and
4%, and debentures. Bonds are reserved
under the new mortgage of the A. C. L. R. R.
Co. to retire this issue.
, Legal for Balt., Conn., Minn., N. H., N. Y. and
Market.
New York—Spencer Trask & Co., Wolff &
Stanley.
Baltimore—Poe & Davies, Sutton & Co.
Hartford—Roy .P. Crary.
Philadelphia— Graham “Co.
mice FREDERICKSBURG & POTO-
AC RAILROAD CO. Cons. 44s. Due
apeil 1, 1940.—F.
’ See Map 20.
Dated Apri 1, 1890. Interest
and Oct. 1, at Central Trust oy)
Company’ 3 office, Richmond.
Authorized—$2,000,000. | he ©
Outstanding—$500; 000 (Mortenrs ‘devdh
Denomiiation—Coupon, $1,0 Registerable
as to principal, or fully rogteabler
Trustee—Central Trust Co.,; New York.
Organization and Control—Incorporated in
Virginia in 1834. $947,200 of the $1,316, 900
voting common stock is owned by the Richmond-
Washington Co. (See below).
Secured by a second mortgage on (8) 81 miles of
road from Richmond to Quantico, Va., branch,
and terminals in Richmond, subject to’ pret liens
at the rate of $6,100 per mile. This line forms
a part of the only railroad between Richmond,
Va., and Washington, D. C. All passenger and
freight traffic from points on the Atlantic sea-
board south of Richmond to Washington,’ Balti-
more, Philadelphia, New York and points north
thereof, passes over this road. These bonds
are outstanding at the rate of $6,100 ge mile.
Prior Tene socnate R., F. & P. Guaranteed
Mtge. 6% & 7% stocks.
Underlies—$2, 880, 000 Gen. 34s of 1943 which
provide to retire’ this issue and which are all de-
posited under the Richmond- Washington Col. 48
ayable April
ew York, or
of 194 (
"Net baring: 6/30/14 iat coed we 347
Unterest,. sc scoied tus 5 stews yee 4 3. Sins 116,300
Listed on the Richmond Stock Gechange
Market.
Baltimore—Sutton & Co. '
New York—Wood, Struthers & Co.
Washington—Crane, Parris & Co.
Philadelphia—Graham & Co.,
RICHMOND LIGHT & RAILROAD CO.
(STATEN ISLAND, Ns ¥.) Ist 4s. Due
July 1, 1952.—-N.
Dated July 1, 1902. Interest payable Jan. 1
and July 1, at Trustee’s office.
‘Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
‘Trustee—Guaranty Trust Co., New York.
Redeemable at 105 and interest on two months
notice.
Secured by a first mortgage on 19 miles of
electric railway from South Beach to Howland
Hook and branches from Richmond Ave. to
Bulls Head and Clove Road; 12 miles of second
track and sidings and plant supplying the
Borough of Richmond, New York City, with
electricity. The company also owns the entire
capital stock ($100,000) and bonds ($75,000)
of the New Jersey & Staten Island Ferry 'Co.;
also $260,000 stock of the New York Investment
& Improvement Co. Franchises are perpetual.
Population served, 90,000.
Net Earnings, 6/30/14........... ere on7*
Interest. sox @ sce eid wae encanres 121,232
*Compares with $188, 171 in “1912-13. In
1913-14 the company’s railroad had a deficit of
$54,199 after operating expenses. Average
annual deficit after charges for ten years has
been $30. Market. «°
’New York—J..K. Rice, Jr., & Co., McGeorge’
& Vanderhoef, F. J. Lisman & Co., F. H. Hatch
& Co., L. F, Hepburn, Kirkpatrick & Lewis.’
--Philadelphia—Penington, Colket & Co., Mel-
lor & Petry.
RICHMOND LIGHT, HEAT & POWER CO.
. (RICHMOND, IND.) lst Mtge. 6s.
Due: March 1, 1939.—N. :
’ Dated Feb. .28, 1914. Interest payable Mar.
1 and Sept. 1, at ‘office of N. Y. Trust Co.
‘Authorized—$3, 000, moe
Outstanding—$400,00
Dadetation Caen: $100, $500, $1,000.
Registerable as to principal.
' Trastees—New York Trust Co. and Demas
Deming.
Redeemable: cat 105 and interest on six weeks’
notice.
Control—The entire stock is owned. by the
United Gas & Electric Co. (N. J.), which is
controlled by the United Gas & Electric Corpora-
tion (Conn.)
' Secured by a first mortgage on plants supplying
natural gas and electricity to Richmond, Ind. .
and (by contract) to New Paris, Ohio, and Liberty
Indiana. Population served, 27,000. Fran-~
chises are indeterminate. rau et
Underlies—3$450,000 6% notes, 1919.
Net Earnings, 12/31/14....... +. $67,087
Fixed charges.... 0... 60.0 ce suee 49,416
ae (IND.) LIGHT, HEAT & POWER
a ‘Guaranteed Gold Notes. Due
Sart
1919.
. Dated Feb: 28, 1914. Interest payable Mar.
and Sept. 1, at office of Penna. Co. for Insur-
ance on Lives and Granting Annuities, Phila.,. Ea, :
Authorized—$1,500,000.
Outstanding —$450. 00 10.
Denomination—Coupon, $1, 000, $5,000, $10,-
000. Registerable as to principal.
Trustees—The Penna. Co. for Insurances on
Lives and Granting Annuities,and Demas Deming.
Redeemable at 101 and interest on five weeks’:
notice. 7 :
Guaranteed principal and interest, by United
Gas & Electric Co. of N. J.
Security—A direct obligation of the company,
but not secured by mortgage. The indenture
provides that no new mortgage on the _ Property
will be created without equally securing these
notes. See lst 6s, due ee above.
Net Earnings, 12/31/14......... . $67,087
Fixed charges. .... 0.0... ..00 000s 49,416
RICHMOND LOCOMOTIVE & MACHINE
WORKS Cons. 6s. Due April 1, 1929.—F.
Dated April 1, 1889. Interest vere April
and Oct. 1, at 30 enareh Street, New York.
_Authorized—$750,0'
Outstanding—$550, 000. $118,000 owned by,
the American Locomotive Co.
Retired—$200,000.
Trustee—Central Trust Co., New York.
Assumed by American: Locomotive Co.
Control—Absorbed by Am. Loco. Works.
Secured by a first mortgage on the plant located +
at Richmond, 3 formerly belonging to the
Richmond Loco. & Mach. Works, covering 41
acres of ground.
Net Earnings, Am. Loco. ‘Co.,”
6/30/14
Interest v.05 0 eesiceecs eeatens oe
Market.
g hee York—Spencer Trask & Co., Bigelow
0.
$2,562,254
486,124
710:
RICHMOND-WASHINGTON CO MEANE Coll.
Tr. 4s. Due June 1, 1943.—
See Map 20.
.. Mortgage dated June 1, 1903. Interest pay-
able June and Dec. 1, at New York, Trust Co.,
New York.,
Authorized—$11,000,000.
Ontstanding—$10, 000,000. Issued in series,
but all series being sgually secured.
oe a at — Amount
ug. 15,
Now. 16; 1903} $4,000,000
B June 1, 1904 2,500,000 ©
Cc June 1, 1905 ene aoe i
D Dec. 1, 1906 1,000,000
E Dee. 1, 1912
Denomination—Coupon, $1,000. Registerable
as.to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any interest
date on 90 days’ notice after five years from date
of bond. :
Guaranteed jointly and severall: as to_prin-
cipal and: interest by the zemmny vania R. R.
Co., the Atlantic Coast Line R. R. Co., the
Southern Ry. Co., the Chesapeake & Ohio Ry.
Co., the Seaboard Air Line Ry. and the Baltimore
& Ohio R. R. Co.
Organization and. Control—Incorporated in
New Jersey in 1901, and owns $947,200 of the
$1,316,900 voting common stock of the Rich-
mond, ‘'redericksburg & Potomac R. R. Co.
and the entire $4,000,000 stock of the Washing-
ton-Southern Ry. Co. Controlled through the
ownership of one-sixth of its capital stock by
each of the following companies: Penna. R. R.
Co., Atlantic Coast Line R. R. Co., Southern
Ry. Co., Chesapeake & Ohio Ry. Co., Balti-
more & Ohio R. R. Co. and Seaboard Air Line
Ry. Co... The. company controls the only _rail-
road between Washington, D. C. and Rich-
mond, Va., forming an important connection
between the roads extending north from. the
former and south from the latter city.
‘Secured by a first lien on (8) 31 miles of toad
from the south end of Long Bridge near Washing-
ton, D. C., to Quantico, Va., by deposit of ‘the
entire issue ($3,880,000) 1st 4s of 1943 and the
entire issue ($3, 880, 000) stock of the Washing-
ton-Southern Ry. Co.; and a second lien on (9) Y
miles from Quantico to Richmond, Va.,
deposit of the entire issue ($2,680,000) Richiond,
Fredericksburg & Potomac Gen. 8%s of 1943.
Further secured by the deposit of . $947,200
of. the. $1,316,000 voting. common aock ae
ps, ‘ {ividend obligations of the R. F. &
Pte Fine iyi 6/30/14 $448,674
rAnterests 3 ci 62 seuss ead - 400,000
Legal for N. H.
nea Market—$2,500,000 offered by Kuhn,
Loeb & Co. in 1904; $2, 000, 000 offered by Lee,
Higginson & Co., Boston, Henry & West, Phila-
delphia, and Clark, Dodge & Co., New York,
Oct., 1905 at 10814 and interest; $1,000,000
offered by Lee, Higginson & Co., and Henry &
West in 1907. —
et.
New York—Coffin & Co., Bigelow & Co., E.
& C.: Randolph, Samuel Goldschmidt, McGeorge
&. Vanderhoef.
geese B. ‘ smith & Co., Robert
ndinning & Co., eee & Petry, Graham &
Co., Brown Bros. & Co., Henry & West, S. K.
Phillips, Frazier & Co., Reed & Huntoon, Reed A.
Morgan & Co., C. D. ‘Barney & Co.
. Washington—Crane, Harris & Co.
Haltnrar ede, Wilson, Jr., &, Co.,
0. ;
RINDGE LAND & NAVIGATION CO. 1st 5s.
Due Feb. 20, 1926.—F. a
Dated Feb. 20, 1906.' Interest payable Feb.
Sutton
and Aug. abs at Los Angeles Trust Co., Los
Angeles, Cal.
Authorized—$1,500,000.
Outstanding—$1,067,000.
Retired by Sinking Fund—$33,000
Denomination—Coupon, $500 and $1, 000.
Frustee Los Angeles Trust Co., Los Angeles,
al.
Redeemable at 105 and interest.
Sinking Fund—$25,000 per annum.
Secured by a first mortgage on 8,000 acres and
second mortgage on 12,000 acres of land located
in San Joaquin and Contra Costa Counties, Cal.
The land has a frontage on the San Joaquin River
of 40 miles, the river here being navigable by
large river steamers. The A., T. & S&S. F. Ry. has
four stations on the company’s property. All
of the land is rented and under cultivation.
Prior_Liens—$400,000 Middle River Nav. &
Canal Co. bonds.
Original Market—Offered by Wm. R. Staats
& Co., Los Angeles, Cal., at 90 and interest in
June, 1909.
Market.
San Francisco—Wn. R. Staats & Co.
Los Angeles—Wm. R. Staats & Co.
RIO DE JANEIRO TRAMWAY, LIGHT &
POWER CO., LTD., 1st 5s. Due Jan. 1,
'1935.—N.
“ Dated Jan. 1,:1905. Interest payable Jan. 1
and July 1, at offices of the Canadian Bank: of
Commerce,’ Toronto, New York and London.
Authorized and Outstanding—$25,000,000.
Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal.
Trustee—National Trust Co., poner os
Sinking Fund—Beginning 1910, 1% of ow’
standing bonds annually. Dec., i911, $512, 575
cash and securities were held in the fund.
Organization and Control—Incorporated in
Canada‘ in'1904._ Controlled through ownership
of a majority of its stock by the Brazilian Trac-
tion, Light & Power Co., Ltd.
Secured by a' first mortgage on 175 miles of
street railway in Rio de Janeiro, Brazil, con-
stituting the entire street railway system of that
city, except 50 ‘miles, which is under the same
management. Also secured by a first’ mortgage
on plants, supplying gas, electricity and tele-
phone service in Rio. Population served,
i 000,000. Gas franchise is exclusive to 1945,
electric franchise is perpetual and exclusive for
municipal lighting to 1945 and for private lighting
to 1915. Telephone franchise runs to 1959,
and is exclusive to 1929.
Underlies—$26,000,000 2nd 5s.
Net Earnings, 12/31/13 as
MOG A) 66 6a sists doe 8 Sail a Be $6,781,007
TNGCL OS aise a oeerdaies. 5 einias ete yak 3,072,412
Harains now reported with Brazilian T., L.
. 0.
Listed on the Montreal, Toronto, London and
Brussels Stock Exchanges.
Market, .
Toronto—G. A. Stimson, & Co., A. E. Ames &
Co., Goldman, & Co., Dominion Securities Corp.
New York—Wolff & Stanley, L. M. Prince &
Co., Slattery & Co., Ernest Smith. A
RIO GRANDE JUNCTION RAILWAY CO. Ist
5s. Due Dee. 1, 1939.—F.
See Map 47.
Dated December 1, 1889. Interest payable
June, and Dee. 1, at Maitland, Coppell & Co.,
New York.
, Authorized and Outstanding—$2, 000, 000. ‘
’ Denomination—Coupon, $1,000. Registerabla
as to principal.
-‘Trustee—Central Trust Co., New York.
,Guaranteed as to principal ‘and interest, jointly
and severally by the Denver, & Rio Grande R. R.
‘o. and a Colorado Midland Eye Co. under the
terms of lease.
711
- Organization and Control—Incorporatéd ' in’
‘Colorado in TEAS charter lasting 50: years. ‘The
Denver & Rio Grande R. R. Co. owns'$1,958; 300
out of $2, oy 000 capital “stdck of the Rio Grande
Jet. Ry. Co., ‘and leases the road, jointly with
the Colorado’ Midland Ry. Co. (now in hands ‘of
receivers) until’ 1940 with renéwal privilege . to
1990 at a rental of 30% of gross earnings. ‘ :
Secured by a first mortgage on. (3) ‘62 mile
road from’ Rifle Ci
Colorado. ' The road forms part of the through
Mine over which trains between points on ‘the
Western Pacific Ry.’ and the Denver’ & Rio
Grande R. R. and points east ‘of Denver are
‘operated. These,’ bonds. are outstanding | at
the rate of $31,300 per mile.
Net Earnings, | 6. 30/14 $315,949
Interest......°..... 100, ee
ae for Cal., » Minn., Mo., N. J. ai
Listed « on the New oe ‘Stock Exchange, °
ar.
New York—F. J. Lisman, & Co., Simon Bane
& Co. é 2
ic
RIO GRANDE SOUTHERN RAILROAD co.
lst 4s. Due duly i, 1940.—F.
,See Map.47. -
Dated Saly 1, 1890.
oe » at Maitland, Coppell
ork. we
Authorized—$5,000,000.
Ontetsndl ne — 9210s HOt. $1,677,000 guar-
-&R.GR.R.
Registerable
Interest payable Jan.
& Co., New
anteed bonds owned by D
Denomination—Coupon, $1, 000.
as to principal or fully registerable.
Trustee—Central Trust Co., New York.
Guaranteed— $2,277,000 are ‘guaranteed,, prin-
cipal and interest by the Denver & Rio Grande
R. R. Co, by endorsement.
Organization ‘and Control—Incorporated . in
‘Colorado. in 1889.. Controlled by the Denver &
Rio Grande R. R. Co.. through: ownership. of
$3,579,737 of the $4,510,000, capital stock., ..
Secured, by a first mortgage on (4) 182, miles of
narrow gauge road from Ridgeway, to, Durango,
Col., Vance Jct..to Pandora, Col.,,,and mine
‘spurs. These. bonds are. outstanding at the rate
of $24,800 per mile.
Net Earnings,,6/30/14.......... $166, 478
ANLORCRE jicys.pyacclns a mewlstore dae pi etude 4 180,340,
Listed on the New tail Stock Exchange.
t.
. New York—Wolff. & Stanley, F. 7 Hatch &
Co., Tobey & Kirk, Bigelow & Co., J, H. Becker.
& Co., Coffin & Co., L. M. Prince & Co. Gilbert
Eliott’ & Co. ' ‘
Denver—W. C. Packard.
RIO GRANDE WESTERN eae co. Ist
4s. Due July 1, 1939.—
See Map 47.
Dated July 1, 1889. Interest payablé‘Jan. and
July 1, at Guaranty: ree Co., New York.
‘ Authorized—$16,0 00." i
, Outstanding—$15,; 200, 000 (Mortgage closed).
‘ Denomination—Coupon, $1,000: Registerable
as to principal or fully 16000; "Gs Registered,
$1,000, $5,000 and $10,000 & R. Ainter-
changeable. :
Trustee—Central Trust Co. « New ‘York.
Control—Absorbed by the Denver & Rio
Grande R. R. Co,
‘ “Assumed. by the Denver & Rio Grande R. R.
Secured by a first_mortgage on (5) 424 miles of
road from Crevasse, Col., to Ogden, Utah; Colton,
to Scofield, Utah; Thistle to Manti, Utah and
Bingham to Alta, Utah. These lines include
practically the entire railroad mileage in’ south-
astern Utah, and furnish an important link
between the “Gould Lines” east of Utah, in-
eluding the Denver & Rio Grande lines, Missouri’
Pacific Ry. and Wabash R. R. Lines and the
Wester Pacific’ Ry.’ These bonds até ''outs
standing at the rate ‘of $35,900 per mile.”
Underlies—$58,000,000 Rio, Grande Western
1at'Cons., 48 of 1949; Denver & Rio ‘Grande lst
& Ref. 5s' of 1955, whder which mortgage Ponds
are reserved to retire this issue, and the’ D
. G. Cum. Adj..7s of ‘1988, ey
“Net Earnings, D. & R.G.R.R.
(for Details ace tat company’s °° ae) ET
report), 6/30/1 $7,026,410
Interest. ...... 5,752,801
Legal for and Mi Y
Listed on the New York Stock Exchange.
Original Market—$6,000,000 offered in June,
1901, at 96 and interest by Kuhn, Loeb & Co.
and Spencer Trask & Co., New York.
“Market:
New York—Harris, Forbes & Co., F. J. Lisman
& Co., Gasminty. Trust Co., McGeorge & Vander-
hoef, Coffin & Co., Newborg, & Co., Herrick &
Bennett, L. M. Prince & Co., ‘Wood, Struthers &
Co., Gude, Winmill & Co.
Boston—-Edgerly & Crocker, N. w. Harris &
Co., Inc. :
Chicago—Harris Trust &’ Saciuee Bank.
Baltimore—Hambleton & ‘Co. °
Omaha—City Trust Co.
RIO Sea WESTERN RAILWAY CO. Ist
‘ons. 4s. Due April 1, (1949.—F.
‘See Map 47.
' Dated’ hell 1, 1899.
and Oct. 1, at Guaranty Trust Co.,
Authorized—$16,475,000.
Outstanding—$15, 080, 000. : :
Held in Treasury—$1, "395, 000.
- Denomination—Coupon, $1, 000. Registerable
as to puncipal, or fully registerable. Registered,
$1, 000 or multiples."
“Trustee—Guaranty Trast Co., New York. ©
‘Redeemable at par on any interest date upon
six'months’ notice.
Control—See 1st 4s above.
Roe net by the present Denver & Rio Grande
Secured by a first mortgage on (6) 286 miles'of
road from Sunnyside ‘to Mounds,’ Manti ‘to
Marysvale, Salina to Nioche, Manti to Nephi,
Provo City to Heeber and branches, all in Utah,
a second mortgage on (5 & 7) 459 miles of road
described under Ist 4s above and from Salt Lake
City to Park City, Utah, subject to prior liens
at the rate of $34,000 per mile, and by a first
lien on the entire $10,000,000 capital stock of the
Utah Fuel Co.
Prior iene 590,000 Rio Grande Western
1st 4s of 19389 and ‘B15, 590,000 Utah’ Gent,
1st 4s of 1917.
Underlies—$43,000,000 Denver & Rio Grande
Cum. Adj. 5s of 1932 and 1st and Rfg. 5s of
1955. Bonds are reserved under the latter
mortgage for the retirement of these bonds.
‘Listed on the New York Stock Exchange.
Original Market—$1,500,000 offered in 1899
by Spencer Trask & Co., New York, and Lee,
Higginson & Co., Boston, at 871% and interest.
Market. -
Chicago—Harris Trust & Savings Bank.’
Boston—N. Ww. Harris & Con Edgerly | &
Crocker. i
New York—Foster & Pisce, Guaranty Trust
Co., Gilman & Clucas, Harris, Forbes & Co., L.
M: Prince & Co., Leonard Snider & Co., Gude,
Winmill & Co., McGeorge & Vanderhoef.
RIORDON PULP & PAPER CO., LTD. 1st Deb:
6s. Due at 105% on June 30, 1942.—N.
Dated June 30, 1912. Interest ‘payable June
30 and Dee. 31, at Royal Bank of Canada, Mon-
treal and Toronto, and at Parrs Bank, Ltd.,
Tutbraat payable April
New ‘York.
London. Fixed Tate of | exchange, $4.86 2-3 to
the rope ordinal” a
‘Authorized—$2, 500, 000, riod
Outstanding—$1, 500, 000. Sy» Si
‘712
Denomination—Coupon, $100, $500, $1,000
and $5,000. Registered as to: princi :
Trustee—Montreal Trust Co., Montreal and
London. :
Redeemable at 105 and interest on and after
June 380, 1917, on six months’ notice and for
Sinking Fund on and after. July 1, 1914. .
Sinking Fund—Beginning July 1, - 1914, an
annual amount sufficient to retire these, bonds at
or before maturity.. Bonds to be purchased or
redeemed at not to exceed 105 and interest.
Organization—Incorporated in Canada in
Secured by a first mortgage on 1,184 square
miles of timber rights on the Rouge River, under
license from the Province of Quebec. Annual
rental $5 per square mile and dues on all timber
cut. The following plants: pulp mill at
Hawkesbury, Ont., capacity 40,000 tons annually;
pulp mill at Merritton, Ont., capacity 138,500
tons sulphite and wood pulp and 6,000 tons wall
paner and building paper; water power on old
elland Canal; lumber mills at Calumet,
L’Annonciation and St. Faustine, Que., with an
annual capacity of 15,000,000 feet B. M. per
annum; and valuable water power rights near the
mouth of the Rouge River, partially . devel-
oped and capable of ultimate development of
20,000 electrical h. p
Net Earnings (after depreciation),
12/31/14... a
Interest....... 90,000
Original Marke $750, (000 ‘offered in June,
1912,'at 97 and interest by Parrs Bank, London;
qeogeun offered in Oct., 1912, at par and interest.
by N. B. Stark & Co., ‘Toronto.
Market.
Montreal—Jas. Robinson & Sons, Ltd., N. B.
Stark & Co., Canada Industrial Bond Corp., Ltd.
Toronto—Murray, Mather & Co, 3
‘RIPON LIGHT & WATER CO. Ist Mige. 5s.
- _ Due April 1, 1930. : 7 2
Dated April 1, 1910. Interest payable April
1 and Oct. 1, at Trustee’s office.
, Authorized—$150,000.
* Ontstanding—$100,000.
Denomination—Coupon, $1, 000. Registerable
as to principal only.
Trustee—Continental and Commercial Trust
& Savings Bank, Chicago.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—Amount equal to 1% per an-
num of cutstanding bonds..
Secured by a first mortgage on plant supply-
ing gas, electricity and water in Ripon, Wis.
The cost value of the property was fixed at
$168,664 by the Railroad Commission of the
State of Wisconsin. Population served, 4,500.
Net Earnings (after depreciation),
GC/BO/ 18 eo ccd jeca so tieave wide oo EEF $14,400
Original Market—Offered in Jan., 1914, by
the Joseph M. Boyd oe Madison, Wis., at 97
and interest.
RIVERSIDE (N. J.) TRACTION CO. Ist 5s.
Due June 1, 1960.—F.
Tax exempt in New Jersey.
Dated June 1, 1910. Interest payable June 1
and Dee. 1, at West End Trust Co., Philadelphia.
Authorized—$1,500,000.
Outstanding—$1,430,000.
Denomination—Coupon, $1, 000.
as to principal. .—
Trustee—West End Trust Co., Philadelphia.
é pcuventablers at 110 and interest any interest
ate. ,,
Control—The _property of the a
leased to the Public Service Ry. C ew
Jersey for 999 years from April 1, 1912. Rental
interest on bonds, also dividends on both com-
mon and preferred stock.
Secured by a first mortgage on 31 miles of
$247,078
Registerable
713
electric railway from , Riverton, N. J., to the
business center of Trenton, N N. J., and new power
house near Burlington,.N. J... The road on which,
these: bonds are.’ secured , connects the lines, of
the Public Service Ry. Co. in Northern New
Jersey with those controlled. by that company
in Camden and its vicinity, and furnishes that
company with a through line between Camden
and New York.
Also secured by a first lien through the deposit”
of all of the stocks and bonds of two companies,
on electric pene supplying Riverside, Beverly,,
Edgewater .Park, Riverton, Palmyra and West
Palmyra, and other towns in Burlington Co.,
and Bordentown, N. J.
Population served, exclusive of Camden and
Trenton, 30,000. Franchises are perpetual.
_ Original Market—$250, 000 offered in Aug.,
1912, at 95 and interest by Brown Bros. & Co.,
Philadelphia. ‘
ark
_Philadelohia—Geo, 8. Fox & Sons, Bioren &
Phillips, Borden & Knoblauch, Mer-
chants Union Trust Co...
New York—-H. F. Bachman & Co., Tobey &
Kirk, Knauth, Nachod & Kuhne, Mackay & Co.,
W. E.R. Smith & Co., John D. Christiansen,
Beyer & Co., Starbuck, Van Sant & Legg, Kirk-
patrick & Lewis, B. H. & F. W. Pelzer. “
Newark—J. g. Rippel.
ROANOKE & TAR RIVER | RAILROAD CO.
Ist fey jue April 1, 1917.—N.
See Map
Dated Ca 1, 1887. Interest payable April
and Oct. 1, at office of Trustee.,.
Authorized $8, 000 per mile.
Issued—$260,0
Daetaadlae tase 000 (Closed mortgage):
Deposited Under S. A. L. 1st 4s—-$205,0!
Denomination—Coupon, $1,000. Pecitoee ite
as to principal.
Trustee—The Mercantile Trust & Deposit Co.
of Baltimore.
Control—Absorbed by the Seaboard Air Line
Railway.
Secured by a first mortgage on (4) 32 miles of
road from Boykins (Va.-N. C. State Line) to
Lewiston, N..C. These bonds are outstanding
at the rate of $8,000 per mile.
Underlies—$48, 800,000 Seaboard Air Line Re-
funding 4s and ‘Adjust. 5s. Bonds are reserved
under the Refg. mortgage to retire this issue.
Legal for Balt.
ROANOKE (VA.) GAS LIGHT CO. Ist 5s.
_. Due April 1, 1927.—
Pennsylvania State tax refunded.
Dated April 1, 1912. Interest payable April
and Oct. 1, at Trustee’ 's office, Philadelphia.
‘Authorized—$2, 000,000.
Outstanding—$705,000.
Denomination—Coupon, $1,000.
aa to principal.
‘Trustee—The Philadelphia Trust, Safe Deposit.
& Insurance Co., Philadelphia.
Redeemable as a whole at 102 and interest on
any interest date on or after April 1, 1917, on
four week’s notice. ,
Organization—Incorporated in. Virginia in
1912. Under the management of C. H. Geist, Co.
Secured by a first mortgage on plant supplying
gas in Roanoke, Va. Population served, 37,000.
Franchises expire September, 1928.
Original, piacere 000 offered in 1912 by
Cassatt & te Philadelphia, and Baker, Ayling
& Co., Boston,, at 9634 and interest. .
Market.
Boston—Baker,: Ayling & Co., Hotehkin & Co.
: Philadelphia—Wurts, alee G «y Reed A.
Morgan & Co., Cassatt & Co., S. ss Phillips,
Oscar R.,Dare. ..
Baltimore—Sutton : ‘& Co.
New York—Didrichsen & Co.
Registerable-
ROANOKE RAILWAY = Prieta co. Cons.
5s. Due Feb. 1, 195
Dated Feb. 1, 1903. watered payable Feb.
and Aug. 1, at "Real Estate Trust Co., Phila-
delphia.
Authorized—$750, ‘000. :
Outstanding—$662,000 (Closed Mortgage).
' Denomination—Coupon, $1,000. 'Registerable
as to principal.
Trustee—Real Estate Trust Co., Philadelphia.
Sinking Fund—1% of outstanding bonds an-
nually until Feb. 1, 1920, and 144% thereafter.
Organization and Control—Incorporated in
Virginia in 1898. All of the stock is owned by
the Roanoke Traction & Light Co., a subsidiary
of the American Ry. Co.
Secured by practically a first mortgage on the
street railway-system in and around Roanoke,,
Va., comer eiee 2634 miles of road and on a part
of the plant and distribution system supplying
that territory with electricity. Practically all
of the eamanises are perpetual. Population
served, 45,000
Underlies—$1, 622,000 Roanoke Trac. & Lt. 5s.
secured in part by deposit of all of the stock of the
Roanoke Ry. & Elec. Co.
Prior Liens—$63,| 000 5s, due 1949.
Net Earnings, 6/: 30/ WB dees crusiiesa $249,296
Interest.........sse cece ee eee +». 151,926
DP his SGU bs gases 6 063 ts alesvece-s Beene 79,426
Market.
Baltimore—Baker, Watts & Co.
Philadelphia—C. D. Barney & Co., Robt.
Glendinning & Co., Bioren & Co., S. K. Phillips.
ROANOKE TRACTION & LIGHT CO. Ist &
Coll. Tr. 5s. Due Aug. 1, 1958.—N.
Dated August 1, 1908. Interest payable Feb.
and Aug. 1, at Baltimore or Philadelphia.
Authorized—$3, 000,000.
Outstanding—$1, 622, 000. $38,000 owned by
American Rys. 3
Denomination—Coupon, $1,000.
as to principal.
Trustee—Baltimore Trust Co., Baltimore.
é Redeemable at 105 and interest on any interest
late.
Sinking Fund—1% annually of outstanding
bonds from Feb. 1, 1919, to 1928, and 14%
thereafter, to be applied to the ‘purchase or
Registerable
redemption of these bonds at not over 105 and
interest.
Organization and Control—Incorporated in
Virginia in 1908. Practically the entire capital
stock is owned by the American Rys. Co.
Secured by a first mortgage on a part of the
ower plant supplying electricity to Roanoke,
Ja., and adjacent territory, and on undeveloped
water powers in the vicinity of that city. Fur-
ther secured by a ik te on all of the stock of
the Roanoke Ry. & Elec. Co., (for details of
that company’s property, see its consol. 5s above.)
Prior Liens—$662,000 Roanoke Ry. & Elec-
tric Co. 1st Cons. 5s of 1953, and $63,000 1st 5s
of 1949, for the retirement of which bonds of this
issue have been reserved.
" Net Earnings, 6/30/13........... $249,295
Tn terest esiocis dre oi se pueieerecsanveimuayct a 151,926
Original, Market—$200,000 offered in Feb.,
1910, at 95 and interest by Bioren & Co., Phila-
delphia.
; Market.
Philadelphia—S. K. Phillips, Bioren & Co.,
Baltimore—Nelson, Cook & Co., Baker, Watts
< an Walter Koppelman, Strother, Brogden
New York— —Gude, V Winmill & Co.
ROCHESTER & PITTSBURGH COAL & IRON
CO. Deb. 5s. Due $50,000 each May and
Nov. Ist to Nov. 1,'1918, inclusive, and
$75,000 each May and Nov. ms thereafter,
to Nov. 1, 1928, inclusive.—.
Tax exempt in Pennsylvania.
‘Dated May 1; 1912. Interest payable May
and Nov. 1; ‘at: he Iselin & Co., 36 Wall Street
New York. :
‘Authorized—$2,000, 000.
Outstanding—$1, 600, 000.
‘Retired—$100,000. : :
Held in Treasury—$300,000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Union Trust Co., New York. | «
Redeemable at 101 and interest on any interest
date on one month’s notice. —
Organization and Control—Incorporated - in
Pennsylvania in: 1881. The entire capital ‘stock
is owned by the Mahoning Investment Co:, and
deposited under the Buffalo, Rochester & Pitts-.
burgh Ry. Company’s General Mortgage. The
Mahoning Investment Co. is controlled by the
same interests as the Buffalo, Rochester: &
Pittsburgh Ry. Co.
Security—aA direct obligation of the company
but not secured by a mortgage. No mortgage
may be placed upon any property without
securing these bonds equally with bonds that may
be issued under such mortgage.
‘For description of property, see Ist 434s and
Helvetia 1st 5s below. -
Registerable
Net Earnings, 6/30/14.......... $507,195
Interest and sinking fund...... -- 358,932
Market.
New: York—J. H. Becker & Co.
ROCHESTER & PITTSBURGH COAL &
a co. ‘Ast S.F.4}4s. Due Aug. I, 1932,
Tax exempt in - Pennsylvania.
Dated August 1, 1902. Interest payable Feb.
apa poet 1,at Iselin & Co., 36 Wall Street, New
ork. ©
‘Authorized $2,000,000.
Outstanding—$1,536,000.
Held in Sinking Fund—$464,000.
Denomination—Coupon, $1,000.
as to principal. ©
Trustee—Guaranty Trust Co., New York.
Redeemable as _a whole or in part on any
interest date at 105 and interest upon six weeks’
notice. ©
Sinking Hund-—Commenctne Dec. 1, 1907,
five cents per ton of coal mined during each year
ending June 30, with a minimum payment of
$50,000, ‘to be applied to the purchase of these
bonds at not exceeding 105 and interest; bonds
so purchased to be held alive and interest there-
on added to annual sinking fund.
Organization and Controi—See Deb. 5s above.
Secured by a first mortgage on about 42,000
acres of land and coal rights in Clearfield, Jeffer-
son and Indiana Counties, Pa., of which 8,300
acres are owned in fee, and the Adrian Furnace
property at Falls Creek, Pa. Further secured by
a first lien on $400,000 Cons. Coal & Iron Co.
1st 44s of 1932; $248, 500 of $250,000 capital
stock of the Indiana Coal Co.; of $1,497,900 of
$1,500,000 capital stock of the Jefferson & Clear-
field Coal & Iron Co. The Adrian Furnace
property may be released from the lien hereof
upon retirement of $600,000 of these bonds.
Underlies—$1,650,000 Deb. 5s.
Registerable
Net Earnings, 6 30/14 ae Sates ae $507,195
Interest and sinking fund....... 358,932
This: issue's # scisises soe cmeivecs see 273, "932
Market. oi
New York—Hartshorne & Picabia, J. H.
Becker & Co., Hartshorne & Battelle.
ROCHESTER & PITTSBURGH COAL & IRON
CO. Helvetia Property Purchase Money Ist
5s. Due May 1, 1946.—N.
Tax exempt a Pennsylvania.
Dated May 1, 1896. Interest payable May
and Nov. 1, at A. Iselin & Co., 36 Wall Street,
New York.
Authorized—$1,100,000. :
714
, Oatstanding—$896,000. ph "
, Retired by Sinking Fund—$204,000.
Denomination—Coupon, $1,000, Registerable
as to principal. oe
Trustee—Central Trust Co., New York.
Redeemable for sinking fund upon four weeks’
notice, at 110 and interest, on any Nov. 1,
Bonds so redeemed to be cancelled.
Sinking Fund—Four cents per ton of coal
mined from the property covered by this mort-
gage during each year ending May 1, to be
applied to purchase of these bonds at 110 and
interest on the following Nov. 1.
Organization and Control—See Deb. 5s, above.
Secured by a first mortgage on about 1,700
acres of coal lands and on coal rights in about
5,500 acres in Jefferson and Clearfield Counties,Pa.
Further secured by a first lien on $450,000 stock,
of the Mahoning Valley R. R. Co., owning two
miles of road from Stanley to Helvetia, Pa.
The property is leased into perpetuity to the
Buffalo, Pochester & Pittsburgh Ry. Co. at an
annual rental of $15,000 per annum. Dividends
of 4% are being paid annually on the stock.
porte Property and Earnings—See 1st 443
above.
Underlies—$1,650,000 Deb. 5s.
Listed on the New York Stock Exchange,
Market.
New York—J. H. Becker & Co., Hartshorne &
Battelle.
ROCHESTER & PITTSBURGH RAILROAD
CO. ist 6s. Due Feb. 1, 1921.—N.
See Map 14. - :
Dated February 1, 1881. Interest payable
Feb. and Aug. 1, at A. Iselin & Co., 36 Wall Street,
New York.
Authorized—$1,700,000.
Outstanding—$1,300,000 (Mortgage closed).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Assumed by the Buffalo, Rochester & Pitts-
burgh Ry. Co.
Control—Absorbed by the Buffalo, Rochester &
Pittsburgh Ry. Co.
Secured by a first mortgage on (4) 109 miles of
road from Rochester to Salamanca, N. Y. This
forms the main line of the B., R. & P. Ry. into
Rochester. These bonds are outstanding at the
rate of $11,900 per mile.
Underlies—$19,000,000 R. & P. Cons. Ist 6s;
the B., R. & P. Gen. 5s; and Cons. 444s. Bonds
are reserved under the latter mortgage to retire
this issue at maturity.
Net Earnings, 6/30/14........ $2,667,409
TNCOTestie cis cic jog nSize oso /aacieers 1,312,624
Legal for Cal., Conn., Fla., Me., Mich., Minn.,
.H.,N.J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
Market.
Boston—Estabrook & Co.
New: York—Coffin & Co., Ambrose R. Clark,
J. A. Clark & Co., Hartshorne & Picabia, Ferris
& Haas, Strong, Sturgis & Co., J. H. Becker & Co.,
L. M. Prince & Co., Hartshorne & Battelle, Ladd
& Wood, Estabrook & Co., Wood, Struthers & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Cassatt & Co., Geo. S. Fox & Sons.
Pittsburgh—Speer Bros.
ROCHESTER & PITTSBURGH RAILROAD
CO. Cons. Ist 6s. Due Dec. 1, 1922.—N.
_See Map 14.
Dated. December 1, 1882. Interest
June ‘and Dee. 1, at A. Iselin & Co.,
Street, New York.
Authorized—$6,500,000.
Outstanding—$3,920,000 (Closed mortgage).
Denomination—-Coupon, $1,000. Registerable
as,to principal. , ,
Trustee—Union Trust Co., New York.
ayable
6 Wall
Assumed by the Buffalo, Rochester. & Pitts-
burgh Ry. Co.
Control—Absorbed by. B., R. & P. Ry. Co.
Secured by a first mortgage on > 129 miles
of road from Buffalo to Ashford, N. Y., Salamanca
Jct. to Howard Jct., Pa.; Clarion Jct. to Lindsay,
Pa. and Lanes to Beech Tree, Pa., and a second
mortgage on (4) 109 miles from Rochester to Sala-
manca, N. Y., subject to a prior lien at the rate
of $11,900. per mile. These bonds are out-
standing at the rate of $16,500 per mile on
peste, the entire road owned by the B.,
. Ry. Co.
Prior Lien—$1,300,000 R. & P. 1st 6s. ;
Underlies—$15,159,000 B., R. & P. Gen. 58
and Cons. 444s. Bonds reserved under the
latter mortgage provide for the retirement of
this issue.
Legal for Cal., Mich., Minn., N. H., N. Y. and
Listed on the New York Stock Exchange.
Market.
Boston—Estabrook & Co., R. L. Day & Co.
New York—Hartshorne & Picabia, Gude,
Winmill & Co., Coffin & Co., Ambrose R. Clark,
Keane, Zayas & Potts, L. M. Prince & Co.,
Ferris & Haas, Peck, Rasmus & Truesdale,
Hartshorne & Battelle, McGeorge & Vander-
hoef, Remick, Hodges & Co., Strong, Sturgis &
Co., Ladd & Wood, Redmond & Co., Wood,
Struthers & Co., J. H. Becker & Co.
ROCHESTER (IND.) ELECTRIC LT., HT. &
PR. CO. 1st 6s. Due $2,500 each May 1,
om nore to 1935 and balance on May 1,
Dated May 1, 1911. Interest payable May 1
and November 1, at Trustee’s office.
Authorized and Outstanding—$125,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—New York Trust Co., New York.
Redeemable on any interest date at 105 and
interest.
Organization—Incorporated in Indiana in 1902.
Secured by a first mortgage on plant supplying
electricity and steam heat in Rochester, Ind.
Population served, 5,500. Franchises perpetual.
Net Earnings, 12/31/14........... $28,949
Interest..........-. oe ee +... 10,903
This issue..... 0... eee cece eens - 17,500
ROCHESTER (IND.) ELEC. LT., HT. &
POWER CO. ist Ref. 6s. Due April 1,
1943.
Dated April 1, 1918. Interest payable April
1 and October 1 at Beyer & Co., New York or
Trustee’s office.
Authorized—$250,000.
Outstanding—$125,000.
Denomination—Coupon, $100, $500 and $1,000
Trustee—Indiana Bank & Trust Co., Rochester
Ind.
Redeemable on any interest date at 105 and
interest. .
Sinking Fund—Annually, from April 1, 1918,
144% of all'bonds that have been issued, plus
interest on bonds retired in sinking -fund, to be.
applied to the purchase of the bonds. Bonds so
purchased to be cancelled.
Organization—See 1st 6s above.
Secured by a second mortgage on property
described under 1st 6s above.
Prior Lien—$125,000 1st 6s.
‘Net Earnings, 12/31/14........... $28,949
Interest...... 4 te. pe snayad tet ave tames oe es 0,
Original Market—$75,000 offered by Beyer &
Co., New York, in May, 1913 at 99}4 and interest.
‘ Market.
New York—Beyer & Co.
ROCHESTER GAS & ELECTRIC CO. 2nd
_ Cons. 444s. Due March 15, 1920.—N.'
Dated 1900. Interest payable March and
Sept. 15, at Security Trust Co., Rochester, N. Y.
715
Authorized—$1,000, f05.
Outstanding—$972,0
Denovabinien Conn: $1,000.
Trustee—Security Trust Co., Rochester, N.Y.
Redeemable on any. interest date at par and
mterest. ~-
co Control—Absorbed by Rochester Ry. & Light
‘0.
below.
Secured by a first mortgage on the gas plants
and second mortgage on an important part of the
electric plant supplying Rochester, New York.
Fopalation served, 240,000. Franchises per-
petual. ~
Underlies—$700,000 Rochester Gas & Elec. 58
and $9,401,000 Rochester Ry. & Light 5s.
"Prior , biens—$250, 000 Brush Electric Light
Co. 4
wet feratuga, 12/31/13....... . $1,575,889
Interest and taxes............. 661, 941
This issue si joerciaraye nce vas cares : 626,940
Market.
New York—J. S. Bache & Co., Foster &
Adams.
Philadelphia—Reed A. Morgan & Co., Ss. K.
Phillips.
Rochester—Ford, Enos & Wolcott.
ROCHESTER GAS & ELEC. CO. Improvement
44s. Due July 1, 1921.
Dated July 1, 1901.'
ary and July 1 at Grand Central Station, N. Y.,
or Trustee’s office.
Authorized and Outstanding—$700,000.
Denomination—Coupon, $1,000.
Trustee—Rochester Trust & Safe Deposit Co.,
Rochester, N. Y,
Redeemable on any interest date at par and
interest.
Organization—See Roch. Ry. & Lt. below.
Secured by a lien junior to that of the 2nd 4s,
oe the property described under those bonds
above.
Prior Liens —$972, 000 2nd 414s and $250,000
Brush EL. Lt.
"Underlies-$9, 401, 000 Pochester Ry. & Lt. 5s.
Net Earalngs 1273 1/13 9889
Interest... , 661, "941
This issue. 626,940
Market
Rochester—Ford, Enos & Walcott.
New York—Kirkpatrick & Lewis.”
ROCHESTER (N. Y.) RAILWAY CO. Ist Cons
5s. Due April 1, 1930.—F.
Dated April 1, 1890. Interest payable April 1
and Oct. 1, at *Grand Central Terminal.
Authorized—$3, 000,000.
_ Outstanding—$2, 700, 000.
Denomination—Coupon, $1,000.
as to principal.
. Trustee—Bankers’ Trust Co., New York.
Sinking Fund—At least $25,000 annually.
Control—-Absorbed by the New York State
Rys. Co. The latter company is controlled by
the N. Y. C. & H. R. R. R. Co. through owner-
ship of a majority of captal stock,
‘Assumed by the New York State Rys. Co.
Secured by a first mortgage on practically the’
entire street railway system in Rochester, N. Y.,
comprising 50 miles of road of which 40 miles are
double-tracked, and a second mortgage on about
10 miles additional. Population served, 225,000.
Franchises are perpetual.
Prior . ‘Lien—$175,000 Rochester, City &
Brighton’ R. R. Co. 1st 6s of 1919.
~ Underlies—$14,250,000, aug bs of 1933, and
New York State Rys. dvs of 1962. . Bonds are re-
served under the latter mortgage to retire this
issue.
“Net yotoiaee N. Y. S. Rys. Co.
Registerable
12/31/14....... wats aE ea $2,663,236
Interest............ A det Waco tants 1,356,466
THis 1S8Ue via sissies os ees:
company discontinued supplying artificial gas, its
franchise became forfeited.
suit was to force the company to give up its
present franchise, which is perpetual, and accept
a limited franchise.
Secured by a first mortgage on artificial gas
plant and on distribution system, through which
the company is supplying natural gas purchased
from’ the Kansas Natural Gas Co. Franchise
perpetual. Population served, “30,060 E
Market.
New York—Berdell Bros., Eau & Co., La-
marche & Coady, Gilman &'Clucas, R. B.
Hathaway & Co.
Chicago—Hulburd, Warren & Chandler.
ST. JOSEPH RAILWAY, LIGHT, HEAT. &
POWER CO. Ist 5s. Due Nov. 1, 1937.—F.
Dated November 1, 1902. Interest payable
May and Nov. 1, at Redmond & Co., New York.
Authorized and Outstanding—$5,000,000.
Denomination Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable ‘Trust Co., New York and
Missouri Valley Trust Co.,. St. Joseph, Ma.:
Organization and Control—Incorporated in
Missouri in 1895, In 1913 a controlling interest
in the stock was acquired by the Cities Service
Co. H. Li Doherty & Co. guarantee. dividends
of 5% on the preferred stock.
-Secured by a first mortgage on 45 miles of
street railway track, comprising the entire
system in St. Joseph; Mo., and on plants supply-
ing electricity and steam heat in St. Joseph, Mo.,
and on 250 acre amusement park. The com-
pany owns all of the stock of the St. Joseph &
avannah Interurban Ry: Co., which owns a'
12-mile interurban line between St. Joseph and
Savannah, Mo. Population served, 80,000.
Franchise for principal street railway lines and
electricity and heating are perpetual... Other
Registerable :
The purpose of the .
street railway franchises expire between 1935-
and 1958.
Net Earnings, 12/31/13 . $540, 676
Interest.....5.6.0..4.. - 241,865
Listed on the'New vod Loui ville and Phila-
delphia’ Stock, Exchanges
Original Market—-83, 500, 000 offered by Red."
mond & Co., New York, ‘and Graham & Co.,
Philadelphia, an Jan.,:1908, at 10214 and interest.
Market.
New York—Ptympton, Gardiner & Co., Gilbert.
Elliott & Co., Chandler Bros. Co., | . F,
Hepburn, Berdell Bros., Blodget & Co., Redmond
Eo, E. & C. Randolph, Miller & Co., Bigelow
Co., J. H. Howell & Co., R..B. Hathaway &
Co., John D. Curtis & Co., John W. Christian-
sen, Howe, Norris & Co., Geo. H. Burr & Co.;
Jones & Lanman.
Chicago—Hulburd, Warren & Chandler, Fin--
ney & Co.
Louisville—Henning, Chambers & ‘Co., J. W.
& D. S. Green.: -
Boston—Tucker, Anthony & Co.
‘Philadelphia—E: W. Clark & Co., Oscar R.
Dare, Henry. & West, Cassatt & Co., M. M..
Freeman & Co.,-Geo. S. Fox & Sons, S. K.
Phillips, Graham & Co., C. D,; Barney & Co.,
Newhall, Churchman: & Co., Mellor: & Petry”
Reed & ‘Huntoon, Martin & Co...
Baltimore—Riggs & McLane, 'Nelson, Cook
& .Co., J. Harmanus Fisher & Son, Jenkins,
Whedbee & Poe, Strother, Brogden & Co.j::
W. W. Lanahan & Co., Poe & Davies, Sutton &
Co., Baker, Watts & Co., Colston, Boyce & Co...
ST. JOSEPH (MO.) WATER CO. ist 5s. Due
April 1, 1941.—N. .
Dated April 1, 1901. Interest payable April
and October 1, at Trustee’s office.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000.
noe Farmers’ Loan & Trust Co.,
ew Y
ace ‘Redeemable at par and interest on any interest
ate.
Organization and Control—Incorporated in
Missouri in 1879 for 50 years. Controlled by the--
American Water Works & Electric Co. .
Secured by a first mortgage on plant supplying
water to St. Joseph, Mo. Water is obtained
from the ue River and filtered. Popula-
tion served, 90,000.
Underlies—$986, ;000 # of 1949, pe oe
Net Earnings, 4/30/13 saisiea Aoatatey $176,920
Interest.vdics eves asters 171,164
This issues. <2 si-cesi ee cnie eyes 128,014.
Original Market—Offered in 1901 by H. Ms.
Payson & Co., Portland, ig :
Mark
New York—Bigelow & Co. F. J. Lisman & Co...
E. & C. Randolph, H. P. Taylor & Co.
‘Boston—H. C. Spiller’ & Co., Inc, F. W.
Mason & Co., Burgess, Lang & Co.
Philadelphia—C. D. Barney & Co.
Pittsburgh—H. P. Taylor & Co
Portland, Me.—H. M. Payson & Co.
Buffalo—H. P. Taylor & ‘Co.
ST. LAWRENCE & ADIRONDACK RAILWAY
CO. 1st 5s. Due July 1, 1996.—F.
See Map 82.
Dated Puly 1 , 1896. Interest payable ‘Jan.
and July 1; at New York Trust Co., New York.
Authorized and Outstanding—$800,000.
Denomination—Coupon, $1,000. : Registerable
as to principal. ©
Trustee—New York Trust Co., New York.
Organization and Control—Incorporated in
1896 in New York and .Canada. he entire
capital stock is owned by the New York Central
R. R. Co., which operates the road under terms -
of ‘an operating - agreement.
Secured by a ‘first mortgage on (6) 48 miles of -
road from Malone, N.'.Y.; to Valleyfield, Can
728
and from Beauharnois to Adirondack Jct., Can.
The company leases 13 miles of road from.Valley-.
field to Beauharnois and has trackage over nine
miles from Adirondack Jct. to: Montreal. «This
line affords the New York Central System an
entrance into’ ‘Montreal.’ : These bonds are’ out-
standitig at the rate of $18,600 per mile. ° °
Underlies—$400,000 St. L. & A. 2d 6s of 1996.
Listed on the New York Stock Exchange. -
; ! 7 Market.
New York—Spencer Trask & Co., Gilman &.
Clucas, Harris, Forbes & Co., Blodget & Co.,
Bigelow & Co., Ambrose R. Clark, Simon Borg
Co.; McGeorge & Vanderhoef.
Chicago—Harris Trust-& Sav. Bank.
Boston—N:' W. Harris & Co.’
ST. LAWRENCE & ADIRONDACK RAILWAY
CO. 2nd 6s. Due Oct. 1, 1996.—F.
See-Map 82.
Dated Oct. 1, 1896. Interest payable April
and Oct. 1, at Equitable Trust Co., New York.
Authorized and Outstanding—$400,000.
Denomination—Coupon, $1,000. Registerable.
as to principal.
Trustee—New York Trust Co., New York.
Control—See 1st 5s, above.
Secured by a second mortgage on (6) the road
described under the Ist 5s:above. These bonds’
are outstanding at the rate-of $9,300 per mile.
we Liens—$800,000 St. L. & A. 1st 58 of
Listed on the New York Stock Exchange. .
Original Market—$100,000 offered in Feb.,
1901, at a price to net over 5% by Dominick &
Dominick, New York. =
ve 3 re Market. -
‘New York—Gilman & Clucas, Foster & Adams,
Simon Borg & Co. i “
ST. LAWRENCE PULP & LUMBER CO. Ist
8S. F. 68. Due $150,000 each Feb. 1 from
1916 to 1932-inclusive and $450,000 in 1933.
Tax exempt in Pennsylvania and New York
Exemption tax refunded. gba’
Dated Feb. 1, 1913. Interest payable Feb.
land Aug. 1, at Trustee’s office. oF
Authorized—$4,000,000.
Outstanding—$3,000,000. coe
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date in numerical
order at 103 and interest. - : :
Sinking Fund—$3,00 per 1,000 feet of timbe:
eut-and $1.00 per cord of pulp wood, to be ap-
plied to ‘the retirement of fnaturing bonds, and
the redemption of other bonds of this issue at
103 and interest. ‘"' i awe s
Organization—Incorporated in New York.
Controlled by William Whitmer & Sons, Inc.,
through stock ownership. :
Secured by a first mortgage on 3,000 acres of
land, mills, wharves, etc., and timber rights of
630: square ‘miles, located on the north shore of
the Bay of Chaleurs, near the Gulf of St. Law-
rence, in’ Quebec. It is estimated that these
lands ‘contain more than 1,000,000,000: ‘feet -of
lumber. RAR a 2 :
Original Market—$3,000,000 offered: in 1913
at ‘par and interest by Pingree, MeKinney &
Co., Boston, Lawrence Barnum & Co., and White
ee New: Sar, and Chandler & Co., Phila-
lelphia. © a : :
Market. :
_Baltimore—Smith, Lockhart & Co., Munsey
Trust Co. °°
‘New York—Lawrence Barnum & Co.
Chicago—Allerton, Greene & King.
Philadelphia—Chandler & Co.
ST. LAWRENCE SUGAR REFINERIES CO.
‘ Ist'6s.. Due June-1, 1932.—N. :
Dated June 1, 1912. Interest payable June
729
and: Dec.}1, ati-Canadian .Bank of. Commerce’
Toronte..and Montreal,.Can.4 New York, and
Foreign: & ‘Colonial Corp., Ltd., London.
Authorized-—$5,000,000. 5». :
Outstanding—$2,000,000. a? <
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. é :
Trustee—Imperial Trust Co., Montreal.
Redeemable after 1915 at 110 and interest...
Sinking Fund—2% per. annum of bonds out-
standing, together with interest on all bonds
retired by sinking fund, to retire bonds at not
exceeding 110 and interest... ee
“Secured by.a first mortgage on sugar refineries
and twenty acres of land: with water’ frontage,
em the warehouse district of Montreal,
an. °°
Net Earnings—Applicable to interest have
averaged $503,221 per annum for six years end-
ing Feb. 29, 1912.
Original Market—First offered by A. E. Ames
&-Co., Toronto, Can., at 10114 and interest in
Aug., 1912. :
: Market.
Toronto—Murray, Mather & Co., A. E. Ames
= Co., Goldman & Co., Canada Securities Corp.,
Montreal—N. B. Stark & Co., Canada Se-
eurities Corp., Nesbitt, Thompson & Co., Can-
ada Industrial Bond Corp., Ltd., Eastern Se-
curities Corp., Hanson Bros., C. Hallett & Co. ,
ST. LOUIS. & CAIRO RAILROAD CO. Ist 4s.
Due Jan. 1, 1931.—N.
See Map 124. ot
Dated April 1, 1886. Interest payable Jan
7 uly 1, at Farmers’ Loan & Trust Co., New
ork, : 4
Authorized and Outstanding—$4,000,000,
“Denomination—Coupon, $500 and _ $1,000.
Trustee—F. A. Horsey and E. L. Smithers. _
Control—Absorbed by the Mobile & Ohio
R. R. Co. ,
Guaranteed as to interest by the Mobile &
Ohio R. R. Co. by endorsement. :
Assumed by the M. & O. R. R. Co. 7 :
Secured by a first mortgage on (4) 159 miles of
road from East St. Louis to Cairo, Il., and Mill-
stadt to. Millstadt Jct., Ill. This road forms
part of the main line of the Mobile & Ohio R. R.
Co., between ‘Mobile, Ala., and St. Louis, Mo.
These bonds are outstanding at the rate of
$25,100 per mile. -
Underlies--$2,250,000 M. & O., St. L. & C.
Div. 5s. ides © ‘
Legal for Cal., Me. and Mo.
Listed on the New York Stock Exchange.
‘ . Market. : 5
New York-—Hartshorne & Picabia, Korn,
Lehman & Co., Didrichsen & Co., L. M. Prince
& Co., Wood, Struthers & Co. ‘
ST. LOUIS & SAN FRANCISCO RAILROAD
co
Incorporated in Missouri in 1896. The com-
pany owns 3,525 miles of road from St. Louis, Mo,
to the Red River, near Quanah, Tex., Spring-
field to! Kansas City, Mo.; Monnett, Mo.,: to
Ellsworth, Kan.; Monnett, Mo., to the Red
River near Paris, Texas; Sapulpa to the Red River
near Denison,: Tex.; Beaumont, Kansas, to the
Red River near Vernon, Tex., from _St. Louis
along the west. bank.of the Mississippi River
through Cape Girardeau toa connection with
the controlled lines near Memphis, with numerous
branches in Missouri,; Oklahoma and Kansas
and Arkansas. The company also owns all of
the stocks of companies owning about. 2,600
miles of road from Kansas City via Springfield,
Mo. and Memphis, Tenn: to Birmingham, Ala.,
from connections with the lines owned at the Red
River'to Dallas, Fort Worth and .Menard,.Tex.,
and from Baton Rouge, La. (with trackage to
New Orleans) to Brownsville, Tex., and branches,
The company also owns a majority of the pre-
ferred and common stocks of the Chicago &
Eastern Illinois: R: R. Co., owning 990. miles of!
road from Chicago to St. Louis.and Thebes, III.,
and Evansville, Ind. The St. L.&S.F. R. BR. Co.
guaranteed dividends of 6% on the preferred
stock and 10% on the common stock deposited
with the company in exchange for its stock trust
certificates.
Owing to the failure of the C. & E. I. R. R. Co.
to earn these dividends, and of various other
subsidiary companies to earn their fixed charges,
which were guaranteed by the St. Louis & San
Francisco R. R. Co., the company,: in 1913,
found itself unable to refinance notes due June 1,
1913, although the company showed a. balance
after payment of the fixed charges on its own
funded debt.: As a result of this default, the
company was placed in the hands of a receiver.
No reorganization plan has been proposed as yet.
Subsequently all of the subsidiary companies,
except the Kansas City, Ft. Scott & Memphis
0. were placedtin the hands of receivers. .
The St. L. & S. F. R. R. Co. has outstanding
$5,000,000 4% non-cumulative 1st preferred
stock, $17,364,100 4% non-cumulative 2nd
preteried stock and $29,000,000 common stock.
ividends on the 1st preferred stock were paid
from 1897 to 1918, from 1898 to 1912 the full
dividends were ees. Dividends were also: paid
on the 2nd preferred stock from 1898 to 1906.
The company has outstanding $155,000,000
bonds on the'3,525 miles of road owned. These
bonds are outstanding at the average rate of
$44,000 per mile. :
Report for years ended June 30:
1913-14 . 1912-13.
Grossearnings.... $44,923,569 $46,050,290
Net earnings...... 11,652,969 30,711,094
Net income....... 10,253,665 14,660,779
Rentals and guar-
anteed interest.. 3,402,040 3,504,712
Interest.......... ¥*8,226,386 7,999,734
Dividends on trust
certificates...... 540,400 1,661,166
Dividends: ...... 5 te sea a es : 149,790
Balance (def.)..... $2,828,142 (sur.) 1$1,345,384
*Includes $4,012,546 accrued but not paid.
+Before deduction: ‘of . $2,162,515 loss on
separately operated properties and amortization
of discount. : ‘
ST. LOUIS & SAN FRANCISCO RAILWAY
CO.—Missouri & Western Div. Ist 6s.
Due Aug. 1, 1919.—N.
See Map 110.
Dated August 1, 1879. Interest payable Feb.
and Aug. 1, at Bankers’ Trust Co., New York.
Authorized—$1,100,000. ts
Outstanding—$89,000.
Retired by Sinking Fund—$145,000.
‘Pledged Under the Refunding Mortgage—
$866,000.
Denomination—Coupon, $1,000.
as to principal. -
‘Trustee—G. A. Wurdeman.
Redeemable for sinking fund at 105 and
interest.
Sinking Fund—Beginning 1894 and each year
thereafter $5,000 of these bonds are to be pur-
hased or red d at not ding 105 and
interest. Bonds so acquired to be cancelled.
Organization—Absorbed ‘by the St. L. & S. F.
Railroad Co.
Assumed by the St. Louis & San Francisco
R. R. Co.
Secured by a first mortgage on (5) 82 miles of
road from Pierce City, Mo., to Oswego, Kan.,
and Orongo to Joplin, Mo.. .These bonds are
outstanding at the rate of $11,600 per mile.
Underlies—$150,000,000 St. L. & S. F..Gen. 58
& 6s of 1931; Cons, 4s of 1996; Ref. 48 of 1951,
under which mortgage bonds are reserved. for the
Registerable
730
retirement of this issue, and Gen..Lien 5s of 1927
and $3,000,000 Receivers’ certificates.
Market.
New York—Freeman & Co.
ST. LOUIS; & SAN FRANCISCO RAILWAY
— 1st Mtge. Tr. 6s. Due Aug. 1, 1920.—
See Map 110. ‘ 4 :
Dated Aug. 1, 1880. Interest payable Feb.
and. Aug: 1, at United States Trust-Co.,. New
York. BPS ie ah oe
Authorized—$2,500,000.
Outstanding—$189,000 (Closed mortgage).
Deposited Under Ref. 48 of 1951-—$731,000.
Retired by Sinking Fund—$430,000.
Denomination—Coupon, $1,000. Registerable
as to principal. -_. FP oo
Trustee—United States Trust Co., New York.
Sinking Fund—The difference between the
interest received on $925,000 7% bonds deposited
hereunder and paid on this issue, shall be applied
by the Trustee to purchase of these bonds at not
exceeding 105 and interest. If not.so purchasable
higher price may be paid with permission of Di-.
rectors, or the fund may be invested in other first
mortgage bonds. an
Organization—Absorbed by the St. Louis &
San Francisco Railroad Co. oe
we te by the St. Louis & San Francisco
» R. Co. .
Secured by a first lien on $920,000 of a total
of $1,400,000. ‘1st mortgage 7% bonds of three
subsidiary companies, which are secured, on (6)
101 miles.of road from Monnett, Mo., to Fay-
etteville, Ark., and branches. The remaining
bonds are deposited under the Consolidated
Mortgage of 1996. Bonds of this issue are
outstanding at the rate of $9,200 per mile. .
Underlies—$150,000,000 St. Louis & S. F. Gen.
6s & 5s of 1931; Cons. 4s of 1996; Refunding 4s.
of 1951, under which bonds are reserved for the
retirement of this issue; and St. L. & S. F. Gen.
Lien 5s of 1927 and $3,000,000 Receivers’ cer-
tificates. ‘
Market.
New York—Korn, Lehman & Co., Speyer & Co.
ST. LOUIS & SAN FRANCISCO RAILROAD
» 1 CO. Gen. Lien 5s. Due May 1, 1927.—F.
See Map 112.
Dated May 1, 1907. ..Interest payable May
and Nov. 1, at Bankers’ Trust Co., New York, or
at Londcn, Frankfort-on-the-Main, Germany,
Paris, etc., May 1,:1914 and subsequent interest
in default. May 1, 1914 interest was advanced
by Protective. Committee to. depositing bond-
holders. 4 ;
Authorized—$109,850,400. :
Outstanding—$69,524,000. ee
Denomination—Coupon, $100 and_ $1,000.
Registerable as to principal or fully registerable.
Registered, $1,000 and $5,000. C. & R. inter-
changeable.
Trustees—Bankers’ Trust Co., New York, and
N. A. McMillan. :
Redeemable at 10234 and interest on any in-
terest date prior to May 1, 1922, and at par on
May 1, 1922, and thereafter. ;
- Depositaries for Protective Committee—
Bankers’ Trust Co., New York; Illinois, Trust &
Savings, Bank, Chicago; Girard Trust: Co.,
Philadelphia; Old Colony Trust Co., Boston,
Mass.; ississippi Valley Trust Co., St. Louis,
Mo.; Speyer Bros., London, Eng.; Deutsche
Treubandgesellschaft, Berlin, Germany; Asso-
ciatie Cassa, Amsterdam, Holland; Credit
Auversois, Antwerp, Belgium and Schwizerische
Kreditaustalt, Zurich, Switzerland. Sg
Secured by a first mortgage on (1) 368 miles of
road, from Cape Girardeau. to Kennett, Mo.,
Zalma to Aquilla, Mo., Van Duzer to Gibson,
Mo., and branches and A..V. & W. Jct. to Avard,
Okla.; a first lien on (2) 233 miles, from:Hope, Ark
to Ardmore,‘ Okla. and Mead Jct. to Platter,
Okla., by deposit of the entire capital stock and
bonds of the St. Louis, San Francisco & New
Orleans R. R..; a second mortgage on (3) 524'miles
of road from Linderwood, near St. Louis, Mo., to
Luxora, Mingo, Mo., to Hoxie, Ark., and from
ees Ark., to Okmulgee, Okla., except 10
miles from Fort Gibson to Muskogee, Okla., sub-
ject to prior liens at:the-average rate of $6,200 per
mile; a second lien on (4) 86 miles of road from the
Red River to Denison, Tex., Red River to Vernon,
Tex., Red River to Tuanah, Tex., and Sherman
to Carrolton, Tex., by deposit of all of the stocks
and bonds of the St. Louis, San Francisco & Texas
Ry. Co., subject to the lien of the Refunding
Mortgage; a third mortgage on (5) 1,043 miles of
toad from Kansas City to Bolivar, Mo.; Beau-
mont, Kan., to Red River near Vernon, Tex.;
Oklahoma, Okla., to Red River near Quanah,
Tex., Sapulpa, Okla.,to Red River near Denison,
Tex., Cape Girardeau to Hunter, Mo., and
branches, subject to prior liens at the average
rate of about $26,000 per mile; a fourth mortgage
on (6) 870 miles of road from St. Louis, Mo., to
Seneca, Okla., Fayetteville, Ark., to Red River
near Paris, Tex., Wichita to Ellsworth, Kan.,
Sapulpato Oklahoma City, Okla., and branches;
subject to prior liens at the rate of $38,000 per
mile, a fourth lien on (7) 65 miles of branch line by
deposit of all of the bonds covering the mileage,
and a fifth mortgage on (8) 440 miles of road from
Pieree City, Mo., to Wichita, Kan., Monnett,
Mo., to Fayetteville, Ark., Sapulpa to Seneca,
Okla., and branches, subject to prior liens at the
tate of $36,600 per mile. These bonds are also
secured by a first lien on the leasehold ‘interest
in the’ Kansas City, Ft. Seott & Memphis Ry. 'Co.
and the Kansas City, Memphis & Birmingham
Ry. Co. which own 1,200 miles of road between
Kansas City, Memphis and Birmingham. On
the 3,630 miles'on which these bonds are secured
by a direct or collateral lien, they are outstanding
at the rate of $19,100 per mile.
, Note—There have been placed ahead of this
issue an authorized issue of $10,000,000 Receiv-
er’s certificates, of which $1,000,000 are out-
standing. This is at the rate of less than $300
per mile on the road described above, and as the
amount was so small, they were not considered
in compiling the above description.
_Prior Liens—$86,000,000 Refunding 4s, and
divisional bonds underlying that issue.
Listed on the New York, St. Louis, Berlin,
Paris, Amsterdam ‘and Frankfort Stock Ex-
changes.
Original Market—$30,000,000 offered in 1909
by Speyer & Co., at 8984 and interest. $7,000,-
000 in Jan., 1911, at 87 and interest and $2,528,-
000 Dec., 1911, at 89 and interest.
' Market.
’ New York—Speyer & Co., Plympton, Gardiner
& Co., Newburger; Henderson & Loeb, L. M.
Prince & Co., Rauscher & Childress.
Philadelphia—Newburger, Henderson & Loeb,
Henry & West.
ST. LOUIS & SAN FRANCISCO RAILROAD
oe Central Div. Ist 4s. Due April 1, 1929.
See Map 107.
- Dated April 1, 1899. Interest payable April
and Oct. 1, at Bankers Trust Co., New York.
‘ Authorized—$3,462,000.
Issued—$1,962,000.
,Pledged under the Refunding Mortgage—
$1,817,000. fet
Outstanding—$145,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
_ Redeemable at 102 and interest on. any
interest date upon three months’ notice.
Secured by a first mortgage on (5) 108 miles of
Toad from Sapulpa to Oklahoma City, Okla., and:
731 ©
a second mortgage on (6) 112 miles of road from
Seneca, Mo., to Sapulpa, Okla., subject to a prior
lien at the rate of $13,400 per mile. | .
These bonds .are secured on the only line
operated by the St. L. & S. F. R. R. into Okla-
en City. ney are outstanding at the rate of
:100 permile.
Prior Liens—$829,000. St. L. & S. F. South-
western Div. Ist 53 of 1947. _.
Underlies—$139,000,000 St. -L. & S. F. Ref. 43
of 1951, under which mortgage bonds are reserved
for the retirement of. this issue, Gen. Liens 5 of
1927 and Receivers’ certificates.
Market.
‘ New York—Wm. A. C. Ewen, Redmond & Co
Gilbert Eliott & Co. '
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Northwestern Div. lst Mortgage 4s.
-.3Due-April 1, 1930.—N. .
See Map 107. .
Dated April 1; 1900. Interest payable April
and Oct. 1, at Mercantile Trust Co., New York. -
Authorized—$1,300,000. | .
Pledged Under the Refunding Mortgage—
$1,253,000.
Outstanding—$47,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 102}4 and interest on any in-
terest date upon three months’ notice. ;
Secured by a first mortgage on (12) 106 miles of
road from Wichita to Ellsworth, Kan. These
penga are outstanding at the rate of $12,200 per
mile. ,
Underlies—$139,000,000 St. L. & S. F. Ref. 48
of 1951, under which mortgage bonds are reserved
for the retirement of this issue, Gen. Lien 5s of
1927 and Receivers’ certificates.
Market.
New York—Spencer Trask & Co.
ST. LOUIS & SAN FRANCISCO RAILWAY
CO. General 5s & 6s. Due July 1, 1931.—N.
See Map 107.
Dated July 1, 1881. Interest
and July 1, at Bankers’ Trust Co.,
Authorized—$30,000,000. ~
ene Under Refunding Mortgage—$10,-
Outstanding—$3,681,000 6s; $5,803,000 5s.
(Closed mortgage).
: Cancelled—$2,000.
Denomination—Coupon, $1,000.
as to principal. 3
Trustee—United States Trust Co., New York.
Organization—Absorbed by the St. Louis & San
Francisco Railroad Co. é 7
ee by the St. Louis & San Francisco
R. R. Co.
Secured by a first mortgage on (1) 659 miles of
road from St. Louis to Seneca, Okla., Spring-
field to Bolivar, Mo., Springfield to Chadwick,
Mo., Fayetteville, Ark., to Red River, near.
Paris, Tex., exclusive of bridge over Arkansas
River, Fayetteville to Powell, Ark., Joplin, Mo.,
to Galena, Kan., and branches, and a second:
mortgage on (2) 328 miles of road from Pierce
City, Mo. to Wichita, Kan., Orongo to Joplin,
Mo., Monnett, Mo. to Fayetteville, Ark., and
branches subject to prior liens at the average rate
of $1,800 per mile. These bonds are outstanding
at the rate of $22,700 per mile.
Prior Liens—$582,000 divisional bonds..
Underlies—$141,000,000 St. L. & S. F. Cons.
4s of 1996; Ref. 4s of 1951 under which mortgage
bonds are reserved to retire this issue; Gen. Lien.
6s of 1927 and Receivers’ Ctfs.
Listed on the New York and Boston Stock
Exchanges.
Market. tit a
New York—Blodget & Co., Plympton, Gardiner
& Co., Gilbert Eliott & Co., W & Stanley,
ayable Jan.
ew York.
Registerable
Korn, Lehman & Co.,'Newborg & Co., Gilman &
‘Clucas, L. M. Pe &'Co., Seasongood '& Haas,
Whittemore, Pell & Co., ‘Samuel Goldschmidt.
~Philadelphia—Chas. Fearon & Co.
‘ST. LOUIS & SAN FRANCISCO RAILROAD.
(New Orleans, Texas and Mexico Diy.)
1st 5s. Due Mar., 1940.
(See New Orleans, Texas & Mexico. R. R.)
‘ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Southwestern Diy. 1st 5s. Due Oct. 1,
1947.—N. ‘
See Map 107. oS
Dated October 1, 1897.. Interest payable
oon and Oct. 1, at Bankers Trust Co., New
ork.
' Authorized—$1,500,000,
Outstanding—$829,000.
Pledged under the Refunding Mortgage—
°$671,000.
Denomination—Coupon, $1,000. Registerable
-as to principal.
Trustee—Central Trust Co., New York.
- Redeemable at par and interest on any interest
-date upon six months’ notice.
Secured by a first mortgage on (6) 112 miles of
road from Seneca, Mo. to Sapulpa, Okla. These
oe are outstanding at the rate of $18,400 per
mile.’
-Underlies—$139,000,000 St. L. & S. F. Cent.
Div. 4s of 1929; the Ref. 4s of 1951, under which
"bonds are reserved for the retirement. of this issue
‘Gen. Lien 5s of 1927, and Receivers’ Certificates,
Listed on the New York and. Boston Stock
Exchanges.
Market.: .
New York—Wnm. A. C. ‘Ewen; Redmond & Co.,
McGeorge & Vanderhoef, : Gilbert Ehott & Co.,
‘Blodget & Co., Wm. C. Wilson.
‘ST. JOSEPH RAILWAY, LIGHT, HEAT &
POWER CO. Stock Trust ‘Certificates.
’ ‘Due May 30, 1917.—F.
_ Dated December 1, 1914.
‘June 1 and December 1.
Authorized—$1,118,000. - F%
Outstanding—$1, 118, 000.
Denomination—Coupon $1,000. Registerable
-as'to'principal only. *!. 4 1
Trustee—Guaranty Trust Co., New, York.
Redeemable at par and dividend on any
-dividend date.
Sinking Fund—Monthly payments amounting
to $460,000 in 1915 and 1916 and $218,000 up to
May 20, 1917, to be applied to the cancellatian of.
these bonds, all to be cancelled: iprior to maturity.
Bonds are to be purchased in the open market at
not exceeding par and interest, or if not so pur-
-chasable are to be redeemed by lot.
Security—Issued under a_ trust agreement
between the Guaranty Trust Co. and the Cities
‘Service Co., and secured by deposit of $31,948
‘of the 35,000 shares of common stock of the St.
-Joseph. Railway,.. Light, Heat & Power Co.,
acquired by the Cities Service Co. from E. W.
Clark & Co. This stock has paid dividends since
1908. 3.7% having been paid in that year, 4%
in 1909; 3.9% in 1910; 3.1% in 1911; 5.6% in
1912; 6.1% im 1913 and 6.9% for 12 months
-ended October 31, 1914.
For description’ of property, see 1st 5s above.
The Cities Service Co. covenants that:it will:
not permit the St. J. Ry., Lt., Pr. & Ht. Co. to.
increase its liabilities, except for current-operating
expenses, during the life of these certificates, or
increase ‘amount of stock, unless such stock be
deposited as additional security for these certifi-
cates, or merged or consolidated with any other
‘company, and in the event of default in any of
these covenants, the Cities Service Co. will:
‘declare no dividends on ‘its stocks while such
«default: is continued. verte
Original Market— Offered in December, 1914,
Dividends payable
by E. W. Clark & Co., ene at 97. 4 and
interest af : :
: ‘Market. q
Philadelphia’_s. K.. Phillips, Oscar. R, Dare,
C. D. Barney & Co. .
ST. LOUIS & SAN FRANCISCO RAILROAD
. Ref. 4s. Due July 1, 1951.—F.
See Map 111.
.Dated July. 1, i901. Interest payable Jan.
and July 1, at Trustee’s office. July, 1914, and
subsequent interest in-default, but amount ad-
vanced to depositing bondholders by eens
committee.
Authorized—$85,000, 000.
Outstanding—$68,562,000. -
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000 and $10, 000. C. & R. inter-
changeable.
Trustee—Guaranty Trust Co., New York...
Protective Oe ae ae ltnae Strauss (J. &
Ww. Sele & Co.); J. N. Wallace (Pres. Central
Trust Co., N. Y.), Alexander gj. Hemphill, (Pres,
Guaranty Trust Co., N 4 Edwin G. Merrill
(Pres. Union Trust Co. of N. Ye ); Harry Bronner
(Hallgarten & Co,); C. W. Cox (Robert: Winthrop
Co.); and Breckinridge Jones (Pres. Mississippi
Fae Trust Co., St. Louis). Secretary, Charles
E. Sigler, 54 Wall St., New York. Depositaries,
Central Trust Co., New York; Mississippi Valley
Trust Co., St. Louis, Mo.; Berliner Handels-
gesellshaft,, ‘Berlin and. Agsociatie Cassa, Amster-
dam, Holland.
. Secured by a first mortgage on (1) 762 miles of
Toad from Sapulpa, Okla., to the Red :River,
near Denison, Tex., Bolivar to Kansas City, Mo.,
Blackwell, Okla., to the Red River near Vernon,
Tex., | Oklahoma City, Okla., to the Red River
near Quanah, Tex., and Scullin to Sulphur
Springs, Okla.; a first lien on (5) 86 miles of road
from the Red River to Denison, Tex., Red River
to.;Vernon, Tex., Red River to Quanah, Tex.
and Sherman to Carrolton, Tex., by the deposit
of all of the stock and bonds of the St. Louis,
San Francisco & Texas Ry.’Co., a second mort-
gage on (2) 188 miles of road from Beaumont, Kan,
to Blackwell, Okla., Ft. Smith to Van Buren,
Ark., and branches, subject to prior liens at the
rate of $500 per mile, a third mortgage on (3) 868
miles of road from St. Louis to Seneca, Mo.,
Fayetteville to the Red River: near Paris, Tex.;
Wichita to Ellsworth, Kan., Sapulpa to Oklahoma
City, Okla., and branches, subject to prior liens
at.the rate of $5,600 per mile;.a third lien on (6) 65
miles of branch road, by the deposit of all of the
bonds covering the road; and a fourth mortgage
on (4) 440 miles of road from Pierce City, Mo., to.
Wichita, Kan.; Seneca;.Mo. to Sapulpa, Ark.,
Monnett, Mo. to Fayetteville, Ark., and branches
subject to prior liens at the rate of $11,000 per
mile. These bonds are also a:first lien on $1,544,
of the $4,450,000 Ft. Worth & Rio, Grande Ry.
bonds, and $19,850,000 underlying bonds,
which, however, have not been included in
figuring the amount: of bonds per mile prior to
this issue, and $15,000,000 stock and $28,000,000
bonds of subsidiary and absorbed companies.
These bonds are outstanding on the 2,409 miles
covered by a direct or collateral lien, at the rate of
$28,400 per mile. . H
Prior Liens—$17,612, 000 divisional bonds,
not including $19,850, ‘000 Sepostted with the
Trustee of this:«mortgage.
Underlies—$70,380,000 Gen. ‘Lien bonds and
Receiver’s Certificates. .
. Listed on 'the New York and Boston Stock
Exchanges.
Original Market—Offered in 1901, by J. & W.
Seligman & Co., New York.
Market. i
New York—Redmond &.Co., Plympton, Gardi-
ner: & Co., Gude, Winmill &Co.,:Robinson & Co.,
732.
quactaty Trust Co., Coffin & Co., Seasongood: &
aas. a BREED
‘St. Louie—Bowman, ‘Cost & Co., Altheimer
& Rawlings Inv. Co.,-Mercantile Trust' Co.) |
Philadelphia—Newburger, Henderson & Loeb.
._ Coll. Tr. 5s. Due Oct. 1; 1987.—N.
See Map 107., _
Dated October" 1, 1887. payable
April and Oct. 1, at Union Trust Co., New York.
“Issued—$1,099,000: Bie Os,
Pe Under ‘Refunding Mortgage—$660,-
Outstanding—$439,000 (Closed mortgage).
Denomination=Coupon, $1,000. Registerable
as to principal. 4 : 4
Trustee—Union Trust Co., New York. os
Organization—Absorbed by the St. Louis &.
San Francisco Ry. Co. oe
‘ Assumed by the St. Louis & San Francisco
.R. Co.
Secured by a first lien on (7) 65 miles of road
from Red River, Okla., to Paris, Tex., Jenson to
Mansfield, Ark., Powell to St, Paul, Ark., Pitts-
burgh to, Weir City, Kan., St, Paul to Pettigrew,
Ark., and belt line in Springfield , Mo., by deposit
of all the bonds and practically all the stock of five
companies owning the road. These bonds are
outstanding at the rate of $16,900 per mile. :
Underlies—$140,000,000 St. L. & S. F. Cons,
4s of 1996; Réfunding 4s of 1951, under which
bonds are reserved for the retirement of this
issue; Gen. Lien 5s of 1927 and Receivers’
Certificates.
Market.
New York—Blodgec & Co., L. M. Prince & Co,
McGeorge & Vanderhoef.
§T- LOUIS & SAN FRANCISCO RAILWAY co.
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Cons. 4s. Due July 1, 1996.—N.
See Map 109. ®
Dated July 1, 1896. Interest payable Jan.
and July 1, at Trustee’s office. ~~
Authorized—$50,000,000. .
, Outstanding—$1,558,000 (Close ortgage).
Denomination—Coupon, $1,000." Registerable
as'to prinéipal, © :
Trustee—Bankers’ Trust Co., New York.
_ Secured by a first mortgage on (1) 188 miles of
road from Cuba to Salem, Mo., and branches,
Winkler to De Camp, Mo., Beaumont, Kan., to
Blackwell, Okla., Rogers, Ark., to Grove, Okla.,
bridge across the Arkansas River at Van Buren,
and terminals in Oklahoma City; a second mort-
gage on (2) 2,109 miles of road from Cape Girar-
deau, Mo., to Kennet, Ark., St. Louis to Red
River, Mo., near Quanah, Tex., Fayetteville to
Red River near Paris, Tex., Wichita to Ells-
worth, Kan., Springfield to Kansas City, Mo.,
and numerous branches, subject to prior liens
at the average rate of about $10,000 per mile;
a second lien on (5) 65 miles of branch lines by de-
Posit of practically all of the stocks and bonds of
five subsidiary companies; a third mortgage on
(3) 1,140 miles of road from Lindenwood, Mo., to
Luxora, Ark., Mingo, Mo., to Hoxie, Ark.,
Fayetteville, Ark., to Ft. Gibson, Okla., Musko-
gee to Okmulgee, Okla., Pierce City to Wichita,
Kan., and numerous branches, subject to prior
liens at the rate of about $22,000 per mile, and a
fourth mortgage on (4) bridge over the Arkansas
River between Muskogee and Ft. Gibson, Okla. |
‘(Prior Liens—$11,815,000 divisional bonds,
and also $138,000,000 Refg. 4s and Gen. Lien 53
on'‘certain lines acquired with the proceeds of
bonds ‘issued under those mortgages.
-Underlies—$139,000,000 St. L. & S. F. Refg.
4s‘of' 1951, under which mortgage bonds are re-
served for the retirement of this issue, Gen.
Lien 5s of 1927 and Receivers’ Certificates.
Listed on the New York and Boston Stock
Exchanges. t poss f ns
Market. . ;
New York—Redmond *& Co., McGeorge ' &
pondahns E. & C. Randolph, Gilbert Eliott &.
0. ie i 1 :
ST. LOUIS &:SAN’ FRANCISCO RAILROAD:
CO. Equipment Series “G” 4}4s. Due
$154,000 each April and Oct. 1st to 1916.—F.
Dated April 1, 1906. Interest payable April
and Oct. 1, at Blair & Co., New York.
.! Authorized —$3,080,000. :
Outstanding—$462,000.
Redeemed and,.Deposited under, Gen. Lien.
Mtge. as of June: 30,-.1913, $1,848,000.
Redeemed _ and Cancelled—$616,000.
Trustee—Bankers’ Trust Co., New York.
Secured by an equipment trust agreement on
45 locomotives, 3,050 freight cars and 5 posta
cars. ug : '
Original Market—Offered 1906 by Blair & Co.
New York... >
Market.
_ See Series “S.”
ST. LOUIS & SAN FRANCISCO RAILROAD
O. Equipment 5s Series ‘‘I.”” Due each
January 1 and July 1, $166,000 in 1914;
succeeding .years’ installments being re-
duced -$1,900, the last installment due Jan.
1, 1917, being $162,000.—F.
. Dated Feb,:1, 1907. Interest payable Jan.
and July 1, at First Trust & Savings Bank,,
Chicago and the First National Bank, New York.
Authorized—$3,357,000. -
Outstanding—$487,000. .
Redeemed and Deposited under Gen. Lien
Mortgage to June 36, 1918, $2,034,000.
Redeemed and Cancetled—$667,000.
Trustee—First Trust & Savings Bank,
Beene and St. Louis Union Trust Co., St.
ouis.
Guaranteed as to principal and interest by
the American Car and Foundry Co.
Secured by an equipment trust agreement on.
8,300 freight cars, costing $3,732,000 of which
$375,000 was paid in cash. :
Original Market—Offered 1907, by the First.
National Bank, Chicago, at prices to yield
slightly over 5%. :
; Market.
See Series ‘‘S’’.
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Equipment 5s Series ‘‘L.’”” Due semi-
annually as follows: $249,000 Aug. 1,
1915; $247,000 Feb. 1, 1916; $246,000 Aug.
1916; $245,000 Feb. 1, 1917 and $244,000
Aug. 1, 1917.—F.
Dated Aug. 1, 1907. Interest payable Feb..
and Aug. 1, at Trustee’s office or Bankers’ Trust.
Co., New York.
Authorized—$5,074,000.
Outstanding—$1,344,000.
‘Balance Redeemed.
Denomination—Coupon, $1,000.
Trustee—St. Louis Union Trust Co., St.
Louis. ook 3
Guaranteed as to principal and interest by
endorsement by the Am. Car and Foundry Co.
Secured by an equipment trust agreement on
3,000 box cars, 1,000 coal cars and 500 stock cars.
Original Market—Offered in 1907 by G. H.
Walker & Co. and Francis Bro. & Co., St. Louis,
at prices to yield 6%. -
Market.
See Series ‘‘S.”
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Equipment 5s Series ‘‘M.” Due in
quarterly installments of $26,436.30 to
Nov. 15, 1917.—F.
Dated November 15, 1907. Interest payable
Feb., May, Aug., and Nov. 15, at Merchants’
Loan & Trust Co., Chicago.
733
Authorized—$1,057,452.
Outstanding—$317,235.
Balance Redeemed.
Secured by an equipment trust agreement on
25 baggage cars, 6 baggage and mail cars, 37
coaches, 15 chair cars and 4 cafe observation
ears.
Market.
See series “‘S.” .
ST. LOUIS & SAN FRANCISCO RAILROAD
O. Equipment 5s Series ‘‘N.”” Due $65,-
000 semi-annually each January and July 1,
to January 1, 1916, and $64,000 July 1, 1916.
—F.
Dated July 1, 1909. Interest payable Jan.
and July 1,'at Cees Trust Co., New York.
Authorized—$9 09,
Gaisenaig gis, 000.
- Secured by an equipment trust agreement on
15 locomotives, 6 combination mail and baggage
ears, 3 combination passenger and mail cars, 7
baggage cars, 12 passenger coaches, 6 dining cars,
6 chair cars and 250 oil tank cars.
Market—See series “‘S.”
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Equipment 6s Series ‘O.” Due
sorte each Jan. and July $5, to Jan. 15,
Dated January 15, 1908.. Interest. payable
Jan. and July 15, at Provident Life & Trust Co.
Philadelphia.
Authorized—$669,000. ©
Outstanding—$198,000.
Balance Redeemed.
Secured by an equipment trust agreement on
45 locomotives.
Original Market—Offered in 1908, by Kley-
bolte & Co., Cincinnati, at prices 614 %.
Market.
See series “‘S.”
ST. LOUIS, & SAN FRANCISCO RAILROAD
CO. Equipment 5s Series “‘P.” Due semi-
annually, $132,000 each April Ist and $133,-
000 each October 1st to Oct. 1, 1919.—:
Dated October 1, 1909. Interest payable
Spal and Oct. 1, at Bankers’ Trust Co., New
ork. i
Original Issue—$2,650,000.
Outstanding—$1,325,000.
Balance Redeemed.
Secured by an equipment trust agreement on
20 Pacific locomotives, 15 consolidation locomo-
tives, 3 Brown hoists, 3 wrecking cranes, 1,000
steel coal cars, 500 hopper cars, 250 flat cars, 150
cabooses, 5 steel coach and cafe cars, 10 steel
baggage and passengar cars, 3 steel mail and
passenger cars, 3 steel mail and baggage and 10
‘steel passenger cars.
Original Market—Offered in 1909, by Moffat
& White, (now White, Weld & Co.) New York and
‘Chicago, at prices to yield 434%.
Market.
See series “‘S.’’
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Equipment 5s Series ‘‘Q.” Due semi-
annually, $72,000 each Feb. 1st and $73,000
each August Ist to August 1, 1920.—F.
. Dated August 1, 1910. Interest payable Feb.
and Aug. 1, at Central Trust Co., New York.
Original Josue pe aagete
Outstanding—$198,
Balance eee
Secured by an equipment trust agreement on
25 consolidation locomotives, 5 Pacific locomo-
tives, 10 switching locomotives, 6 10-wheel loco-
motives, 7 Mallet locomotives, 2 observation
eafe cars, 3 steel underframe combination pas-
senger and mail cars, 2 steel underframe baggage
ears, 4 steel underframe coaches, 6 gasoline elec-
tric motor cars, and 250 steel frame automobile
and furniture cars.
Original Market-——Offered in 1910, by Speyer
&Co., New York and offered at prions to yield 6%
Market. -
See series ‘egy <
ST. LOUIS & SAN FRANCISCO RAILROAD
CO. Series ‘‘S” Equip. Tr. 5s. Due $74,000
semi-annually on April and: Oct. Ist each
year to Oct. 1, 1923.—F.
Dated October 1, 1911.
April and Oct. 1, at New York.
Authorized—$1,776,000.
Outstanding—$1, 332, 000.
Balance Redeemed.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co., New ‘York,
Secured by an equipment trust agreement on
20 Pacific locomotives, 12 switching locomotives,
4 steel buffet cars, 9 steel dining cars, 25 steel
passenger cars, 17 steel baggage and mail cars
and 500 steel underframe refrigerator cars, cost-
ing, #1, ,968,834, of which $192,834 was paid in
cash.
Original Market—Offered in 1911, by the
Guaranty Trust Co., New York, at par and
interest.
Market.
New York—Guaranty Trust Co., Freeman &
Co., Curtis & Sanger, Wolf & Stanley, Folsom &
Adams, Alfred R. Risse, Foster & Adams, Farson,
ee & Co., Coggeshall *& Hicks, H. P. Taylor &
Shiladelphia—Henry & West, E. W. Clark &
Co., Chas. C. Harrison, Jr., & Co., Cassatt &
Co., E. B. Smith & Co., Graham & Co.
gg oueake te F. Childs & Co., Ames, Emerich
& Co., Stanwood, Taylor & Co.
Pitisburgh—H. P. Taylor & Co.
* St. Louis—Bowman, Cost & Co.
Baltimore—Nelson,: "Cook & Co., Hambleton
Co.
Toledo—Secor & Bell. .
Boston—Edgerly & Crocker.
Buffalo—H, P. Taylor & Co.
ST. LOUIS & SAN FRANCISCO RAILROAD
O. Two-Year 6% Secured Notes. Due
Sept. 1, 1914.—F.
Interest and principal i in default.
Dated Sept. 3, 1912. Interest payable Mareh
and Sept. 1, at Trustee’s office.
Authorized—$2, 600,0'
Outstanding—$2,600,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 101 and interest at any time on
60 days’ notice.
Secured by pledge with the Trustee of $3, ee
046 New Orleans, Tex. & Mexico R. R. Co. 6
notes of 1914; $2,000,000 (entire issue) New Or-
leans, Texas & Mexico R. R. capital stock, com-
pany now in hands of receiver; $600,000 (entire
issue) San Benito & Rio Grande Valley R. R.
Co. 1st 6s; $49,100 capah ater stock of the San
Benito & Rio Grande Valley R. R. Co. and
$1,400,000 Kirby Lumber Co. 7% cumulative
referred stock. Any additional stock of the
ew Orleans, Texas & Mexico R. R. and the San
Benito & Rio Grande Valley R. R. companies.
that may be issued and any additional indebted-
ness of the New Orleans, Texas & Mexico R..R.
Co., except its first’ mortgage bonds, shall’ be
pledged as further security. The company has
the right to withdraw the San Benito & Rio
Grande Valley R. R. bonds upon payment of
$950 for each $1,000 bond, and the Kirby Lum-
ber Co. stock upon payment of $75 per share;
all moneys so deposited to be applied to the pur-
chase or redemption of these notes at not over
101.and interest.
Original ‘Market—Offered in 1912 -by. Wn.
Interest payable
Registerable
7384
ER
ee
Salomon & Co., New York and G. H. Walker &
Co., St. Louis, at 100 and interest.
Market.
New York—Curtis & Sanger, Geo. H. Burr &
Co., Bull & Eldredge, Swartwout & Appenzellar,
Struthers & Hiscoe, Wm. Salomon & Co., Horn-
blower & Weeks, E. & C. Randolph, Kissel, Kin-
nicutt & Co. F. J. Lisman & Co., Alfred R. Risse,
Gilbert Eliott & Co., Morgan & Bartlet, Season-
good & Haas.
Baltimore—Lanahan & Co., Nelson, Cook &
Co., Poe & Davies.
Boston—Curtis & Sanger.
” Detroit—First National Bank.
Milwaukee—Edgar,. Ricker & Co.
St. Paul—White, Grubbs & Co.
St. Louis—Francis_ Bro. Co.,
Compton Co., G. H. Walker & Co.
Los Angeles—Perrin, Drake & Riley.
Pittsburgh—H. P. Taylor & Co.
Cincinnati—Rudolph, Kleybolte & Co.
ST. LOUIS & SPRINGFIELD RAILWAY CO.
Ist 5s. Due Dec. 1, 1933.—F.
Dated Dec. 1, 1903. Interest payable June 1
and Dee. 1, at Trustee’s office.
Authorized—$2,250,000.
Outstanding—$451,000 (Closed mortgage).
Cancelled—$1,075,000.
Held in Sinking Fund—$68,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 107 14 and interest on 60 days’
notice. : ‘
Sinking Fund—10 % of net earnings of preced-
ing 12 months, annually commencing Dec. 1,
1908.. Minimum amount not less than 1% of
outstanding bonds any year.
Guaranteed as to principal and interest by the
Illinois Traction Co.
Control—Consolidated_ Dec., 1909, into the
Sti-Louis, Springfield & Peoria R. R. Co. All of
th€ stock of’ this company‘is owned by the Illinois
Traction Co.
Secured by a first mortgage on 63 miles of
electric interurban track from Springfield, Ill.
to Carlinville, Ill., forming part of the main line
of the Illinois Traction Co. from Springfield to
St. Louis. Population served, Springfield,
-55,000, remaining territory, 17,000. The road is
built entirely on right of way, except in cities,
where franchises extend to or beyond 1952.
. Underlies—$8,810,000 St. L.,S.& P. R. R. Co.
1st & Ref. 5s of 1989 and Gen. 5s. Bonds are
Teserved under the former mortgage to exchange
for bonds of this issue.
Wm. R.
Registerable
Net Earnings, 6/30/12 $348,791
Teterestcosys ae es acgess -. 350,938
Original Market—First offered by Julius
Christensen & Co., Philadelphia.
Market.
Chicago—Hulburd, Warren & Chandler.
Philadelphia—S. K. Phillips, Oscar R. Dare,
R. M. Stinson & Co.
New York—Kirkpatrick & Lewis.
Providence—Bodell & Co.
8T..LOUIS & SUBURBAN RAILWAY CO. Ist
5s. Due Feb. 1, 1921.—F.
Dated Feb. 1, 1891. Interest payable Feb. 1
and Aug. 1, at Trustee’s office.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—American Trust Co., Boston.
Heseemable at 105-and interest on any interest
e.
» ‘Controlled by the United Rys. of St. Louis
through ownership of entire capital stock.
-« Secared by a first mortgage on 39 miles of
‘street railway (measured as single track) extend-
ing from the center of St. Louis at 6th and Locust
“Streets to Florrisant. The company has fifteen
miles of private right-of-way, largely within the
city. Franchise expires in 1936.
Net Earnings, U. Rys. of St. L.
M2 BUA carats cob aici da tedcoe $3,126,296
Interest coc. 0 e655 6 nia) oie ap 0's 2,618,255
Listed on the St. Louis Stock Exchange. :
Original Market—-$600,000 offered in January,
1915, by Altheimer & Rawlings Investment Co.,
and Mississippi Valley Trust Co., St. Louis at
99 and interest. 1
Market.
New York—A. G. Edwards & Sons, R. B.
Hathaway & Co., John D. Curtis & Co.
Baltimore—Mercantile Trust & Deposit Co.
St. Louis—Altheimer & Rawlings Invest. Co.,
Francis Bros. & Co., Mississippi Valley Trust Co.,
A. G. Edwards & Sons.
ST. LOUIS & SUBURBAN RAILWAY CO.
Gen. 5s. Due April 1, 1923.—F.
Dated April 1, 1903. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$7,500,000.
Outstanding—$4,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo.
Assumed by the United Rys. Co. of St. Louis.
Control—All of the stock is owned by the
United Rys. Co. of St. Louis. The latter com-
pany is controlled by the North American
Company. 7
Secured by a mortgage on 107 miles of street
railway of which 40 miles are in the city of St.
Louis. Ten miles of the lines within the city
and 50 miles outside of the city are on private
right-of-way. ‘The lines in the city include a
road into the center of the business district.
Franchises in the city expire in 1936.
Prior Liens—$3,000,000 1st 5s of 1921;
and St. Louis & Merimec River R. R. Co. 1st
6s of 1916.
Net Earnings, U. Ry. of St. L.
TW2/B1/14 oie so sci eine ain $3,126,296
Trterest: esses se sis, bysienss kas crea gee 2,618,255
Listed on the St. Louis Stock Exchange.
Original Market—First offered in 1903 at 97
and interest by the Mississippi Valley Trust Co.,
St. Louis, Mo.
Market.
New York—W. E. Hutton & Co.
Albany—John J. Hart.
St. Louis—Bowman, Cost & Co., Altheimer &
Rawlings Inv. Co., W. E. Orthwein, Little &
Hays, Francis Bros. & Co.
ST. LOUIS BREWING ASSOCIATION Ist 6s.
Due July 1, 1939.—N.
Dated July 1, 1914. . Interest payable January
1 and July 1, at Trustee's office, or New York.
Authorized and Outstanding—$4,500,000.
Denomination—Coupon $100, $500 and $1,000.
Registerable as to principal only.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo.
Redeemable on any interest date at 105 and
interest.
Sinking Fund—$50,000 bonds per annum,
Registerable
-purchasable in the open market at not exceeding
105 and interest, or drawn by lot if not so pur-
chasable, to be canceled.
Organization—Incorporated in Missouri in
1889. All of the stock is held in trust for the
St. Louis Breweries, Ltd., an English corporation.
Secured by a first mortgage on all of the
company’s property in Missouri and a first col-
lateral lien, through the depois of first mortgages,
on all of the property in Illinois. These plants
include ten breweries (one not in use) an ice plant,
and four depots and a malt house.
Net Earnings, 9/30/13......... $895,991
Original Market—Offered in 1914 by Alt-
heimer & Rawlins Investment Co., St. Louis, in
+935
‘exchange for maturing bonds, holders making
the exchange receiving $20 in cash in respect to
each bond exchanged.
ST. Tots BRIDGE co. dat 7s. “Due April 1,
' Dated ‘April 1,:1879.: eTnterest payable April
‘and Oct.:1, at J. Pa. Morgan & Co., New York.’
“. Authorized. and ‘Outstanding—$5,000,000. ;
Denomination—Coupon, $500 and: $1,000 and
£100 and £200. Registerdble as to principal.
-«: Trustees+Jacob Cc. Rogers. ‘andi. Charles E.
Tracy, Boston. | Wee
Guaranteed by the ‘Terminal R. R. dimodiation
of St. Louis, as to principal and interest,. by
endorsement. It is agreed in the’lease that the
interest on these bonds is a charge against the
income of the Terminal R. R. Association prior
-to'all other charges except interest on the $7,000,-
000 1st 44s. ‘i
Organization and ' Control—Ineorporated in-
‘Illinois and Missouri in 1878.” | of the: com-
mon stock is owned by and ‘the property’ leased
in perpetuity to the Terminal R. R. Association
of St. Louis at an ainualrental equivalent to 6 %
dividends on first preferred and 3% on ‘second
preferred stocks and ‘interest -on outstanding
bonds, together with $2,500 organization .ex-
penses. ~The lessee agrees to redeem or. refund
bonds at maturity. — ons
Secured by a first mortgage on bridge and
approaches 6,430 feet long over the Mississippi
River between St. Louis, Mo., and East St. Louis,
Tl.
Net ena T. R. R. A. of St.
L., 6/30/14 $2,271,778
Rentals gi > :
Interest 1,401,875
. Original Market Greet originally by Drexel
Morgan & Co., New York. |
Mar
New York—Blodget & ne Simon, Borg & Ce:
Freeman & Co., Newborg & Co.
Boston—F..S. Moseley & Co...
ST. LOUIS CAR CO. Ist 6s. Due May 21, 1923.
. Dated May 21, 1903. : Interest payable May
a Nov. 21, at Mississippi Valley Trust Co.,
St. Louis, Mo.
‘Authorized—$1, 000,000.
Outstanding—$858, 000.
Retired—$142,000.
~ Denomination—Coupon, $500 and $1,000.
-. Trustee—Mississippi Valley Trust Co., St.
Louis, Mo.
Secured by a first mortgage on plant for the
-manufacture of cars, trucks and railroad supplies
jocated in St. Louis, Mo. -—
Market.’
‘St. Louis—Bowman, Cost. & Co.
{THE) ST. LOUIS COUNTY GAS CO. = 5s.
Due April 1, 1951.—F.
Dated April i, 1912. Interest. payable ‘April
and Oct. 1, at N orth American Company’s office,
‘80 Broad St., New York.
Authorized—$30,000,000.
Outstanding—$700,000.
Denomination—Coupon, $1,000.
as to principal. ‘
Trustees—Harris Trust & Savings Bank,
Chicago and Festus J. Wade, St. Louis.
Redeemable at 105-and interest April 1, 1917,
or on any interest date thereafter upon four ‘weeks’
‘ notice.
Organization and Control—Incorporated in
. Missouri in 1912. Controlled by the North
. American Co.. through ownership of its entire
. capital stock.
Secured by a first mortgage on plants supply-
ing gas to a number of cities and towns in the
-vicinity of St. Louis, Mo. Part of the gas sold
.is purchased from the Laclede Gas.Co. Popula-
Registerable
tion | served, .'.60,000. a a franchise ig
reat to extend to 1954."
Net Eernings, 12/31/14... $88, 281
* Interest. « 46,562
> Ori; ginal’ "Market—$700, 000" offered ‘in. May,
‘1912, .by+ Harris, ‘Forbes. & Co., New. York,
N.-W. Harris & Co., Ine., Boston and Harris
-Trust .& Savings Bank, Shieaze, at par and
interest.75-
Market.
. Chicago—Harris. Trust & Savings Bank, W..R.
‘Compton Co., Ames, Emeri & Co. ‘
Boston—N. W. Harris: &:Go.-
New York —Harris,: Forbes ‘& Conic A. 1G.
Edwards & Sons, Hotehkin & Co. “ie ,
ST. LOUIS, EL RENO & WESTERN RAIL-
ROAD 1st 434s. Due Aug. 1, 1926. it
Dated. Aug. 1, 1906. Interest payable Feb.
and Avg. 1, at ‘Ilinois State. ‘Trust Gers | East
St. Louis, Til. and in New York...
Outstanding —$817,000.
¢ Denomination—Coupon, $1,000.
Trustee—Illincis ‘State. Trust Co., Bast’ st.
Louis, Ill. .
Redeemable on any interest date after July 1,
1918, at 10214 and interest, or at any time at
par ifan extension is arranged at a lower rate.
Guaranteed as to interest by Ft. Smith &
Western R. R.' Co. (now in hands of receiver).
- «Organization: and Control—Incorporated in
Oklahoma in 1908. 51% of the stock is owned
by, the.Fort Smith & Western. R.‘R. Co.
- Secured by. a: first mortgage on 42 miles of
railroad from Guthrie to El. Reno, Okla. These
bonds are outstanding at the rate of $20,000 per
mile. \
Deficit, 6/30/14.............0005 $22,820
Enterest siciciecs eas isscaip se sara arsies ha8s 50,168
Mar
New York—F. J. Lisman & Co.
ST. Loul. IRON MOUNTAIN & SOUTHERN
WAY CO. Unified & Ref. 4s. Due
aay 1, 1929.—.
See Map 79. -
. Dated Tuly 1 1899. - Interest poate Jan.
‘and: July 1; at: Bankers ane Co., New York.
: Authorized—$40,00
Outstanding—$30, 381,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000 and multiples. -
Trustees—Metropolitan Trust Co.,. New York
and Robert R. Hutchinson...
Organization and. Control—Incorporated in
Missouri and Arkansas in. 1874. The company
owns 3,200 miles of get from St. Louis, Mo, to
Texarkana, Tex.; St. Louis, Mo., to yan:
‘Coffeyville, Kan., to Little Rock, Ark.;. Little
Rock, Ark., to Lake Charles, La.; Garthagey, Moa,
to Diaz, Ark,; and branches to Memphis, Tenn.,
Helena, Ark., and numerous other points.. The
company owns $5,650,000 preferred and common
stock of the Wabash R. R. Co., but is not ex-
pected to participate in any reorganization of
that company. It also owns $28,700,000. 2nd
mortgage income bonds of the Tex. & Pacific
‘Ry. Co. The St:.L., I. Mt. & S. Ry. Co..has
outstanding $44,400,000 stock, of which the
-Missouri Pacific Ry. Co. owns $44,836,000.
Dividends of 4% per annum were paid:on this
stock in 1911-12 and 1912-13. In 1910-11 no
«dividends were ren ‘The road operated by the
St. L., I. Mt. & S. Ry. Co. is subject to bonded
debt at the rate.of $41,700 per mile.
' Secured by:a first mortgage on (1) 609 miles of
ana from Coffeyville, Kan., to Argenta, near
‘Little Rock, Ark., El Dorado, Ark., to Vidalia,
La., Van Buren, Ark., and Greenwood Jeti,
Ark., to Fort Smith, Ark., and other branches,
and second mortgage ‘on (2) .1,430 miles of road
from St. Louis, Mo.,.to Texarkana, Tex., Bis-
marck to Belmont, Mo., Poplar Bluff to Bird’s
+ 136
Point, Mo., Bald Knob to Bridge Jct., Ark., on
the Mississippi River, opposite Memphis, Tenn.,
Knobel to Helena, Ark., Little Rock, Ark., via
Arkansas City, Ark., to Alexandria, La., and
numerous branches, subject to a prior lien at
the rate of $28,000 per mile. These bonds are
outstanding at the rate of $15,000 per mile,
on the most important lines owned by: the
company. Further secured by the deposit of
$23,700,000 Texas & Pacific Ry. Co..2nd. Mort-
gage Income 5s, due 2,000 which have received
no interest since 1908, $2,900,000 Wabash R. R.
Co. 1st Ref. 4s, now in default as to interest,
$2,862,000 each of preferred and common stock
of the Wabash R. R. Co., and $285,000 bonds
and $682,200 stock of various subsidiary com-
anies.
PaPrior. Lien—$43,200,000 Consol. Ry. & Land
Grant 5s. “, “ ne
. Underlies—$28,581,000 1st & Ref. 6s, $25,-
000,000 are owned by the Missouri Pacifie Ry.
Co. and deposited as security for a note issue.
Bonds are reserved under the 1st Ref. mortgage to
retire this issue.
Report—Years ended June 30:
. ‘ 1913-14 « 1912-13
Gross earnings.. $33,171,859 .$34,136,598
Net income. 10,972,138 -10,796,294
Interest, ete 8,142,349 7,827,809
«Dividends. . 1,775,649 1,775,649
Surplus....... $1,054,140 $1,193,037
Listed on the New York Stock Exchange.
Market. - |:
New York—Knauth, Nachod & Kuhne,
Wolff & Stanley, Korn, Lehman. & Co., Keech,
Loew & Co., Foster & Adams, Coffin & Co,, W.
E. Hutton & Co., L. M. Prince & Co., Herrick
& Bennett, E. & C. Randolph, H. N. Whitney &
Sons, Tefft & Co. ~
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY CO. Gen. Cons. Ry. & Land
Grant 5s. Due April 1, 1931.—N. ;
See Map 78. ' il
Dated March 15, 1881. Interest payable April
and Oct. 1, at Bankers’ Trust Co., New York.
Authorized—$45,000,000.
Outstanding—$43,178,000.
Redeemed—$64,000.
Held in Treasury—$88,000.
Denomination—Coupon, $1,000.
as.to principal. ‘ :
Trustee—Bankers’ Trust Co., New York.
Sinking Fund—The net proceeds of all sales
of land are to be applied, either to pay interest
on these bonds when net earnings are insufficient;
or, if net earnings are sufficient to purchase bonds
at not exceeding 110; but if bonds are not so
purchasable, payments may be applied to current
interest on this issue. :
Organization, Control
nifying & Ref. 5s above.
Guaranteed—$6,447 of these bonds are guar-
anteed as to pricipel and interest by the Mis-
souri Pacific Ry. >
Secured by a first mortgage on (14) 1,500 miles
of road from St. Louis to Texarkana, Tex., Bis-
marck to Belmont, Mo., Poplar Bluff to Bird’s
Point, Mo., Bald Knob to Bridge Jct., Ark., on
the Mississippi River, opposite Memphis, Tenn.,
Knobel to Helena, Ark., Little Rock, Ark., via
Arkansas City, Ark., to Alexandria, La., and
numerous branches, and a first lien on 42 miles
of road from Ft. Smith to Paris, Ark., by deposit
of the entire $593,800 capital stock of the Ar-
kansas Central R. R. Co., which owns the road
free from mortgage debt. These bonds are
outstanding at the rate of $28,000 per mile.
hey are also secured by a first morteses on the
unsold portion of the Cairo & Fulton Land Grant.
Underlies—$59,000,000 Unifying and Ref. and
1st & Ref. 48 and 6s. $25,000,000 of the latter
issue are owned by the Missouri Pacific Ry. Co.
Registerable
and Earnings—See
and deposited as security for an issue of notes.
Bonds are reserved under the 1st & Ref. mort-
gage to retire this issue.
Legal for Cal. and Mo..
Listed on the New York Stock Exchange.
Market. ae
New York—Struthers & Hiscoe, Knauth,
Nachod, & Kuhne, Harris, Forbes & Co., Korn,
Lehman & Co., J. S. Farlee & Co., Coffin & Co.,
Bigelow & Co., Didrichsen & Co., Hartshorne &
Battelle, Wolff & Stanley, Newborg & Co.,
Herrick & Bennett, H. N. Whitney & Sons,
Denny, Pomroy & Co.
Boston—N. W. Harris & Co., Inc.
Chicago—Harris Trust & Savings Bank..
Hartford—Richter & Co.
Omaha—City Trust Co.
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY CO. River and Gulf Div. ist
4s. Due May 1, 1933.—F.
See Map 78. : F
Dated May 1, 1903... Interest payable May
and Nov. 1, at Bankers’ Trust Co., New York.
Authorized—$50,000,000.
Outstanding—$34,548,000.
Denomination—Coupon, $1,000. Registerable
astoprincipal. Registered, $1,000 and multiples.
C. & R. interchangeable.
Trustees—Bankers’ Trust Co., New York, and
William K. Bixby.
Organization, Control
Unifying & Ref. 4s above. ;
Secured by a first, mortgage on (15), 718 miles
from White River Jct. to Carthage, Mo., MeGe-
hee to New Latour, Ark., Trippe Jct., Ark., to
Clayton Jct., La., Eudora, Ark., to Calvit, La.,
E. St. Louis to Thebes, Ill., Gorham to Benton,
Ill., Bush to Herrin, Ill., Crane to Springfield,
Mo., and branches, and a first lien on 20 miles of
terminal road in and about Memphis, Tenn., by
deposit of entire issue ‘of $1,000,000 Union Ry.
Co. of Memphis bonds. Further secured by a
first lien on $1,000,000 Western Coal & Mining
Co. 1st Mortgage Bond of 1938; $229,500 Coal
Belt Electric Ry. Co. stocks ;$9,500 Marion &
Harrisburg Ry. stock and $9,500: Marion &
Johnson City Ry. Co. stocks. These bonds are
outstanding at the rate of $46,800 per mile. The
road on which they are secured does not consti-
tute a continuous line but a large part of the
mileage parallel the shore of the Mississippi
River, on. the eastern side in Illinois and the
western side in Arkansas and Louisiana. i
' Underlies—$28,581,000 1st & Ref. 6s. $25,-
000,000 of which are owned by the. Missouri
Pacific Ry. Co. and deposited as security for an
issue of notes. Bonds are reserved under that
mortgage to retire this issue. ,
Legal for Cal., Me. and Mo.
Listed on the New York Stock Exchange.
Market.
New York—Bigelow & Co., E. & C. Randolph
A. B. Leach & Co., Seasongood & Haas, Struthers
& Hiscoe, L. M. Prince & Co., Hartshorne &
Battelle, Alfred Mestre & Co., Hornblower &
Weeks, Effingham Lawrence & Co., W. E.
Hutton & Co., Wood, Struthers & Co., Berdell
Bros., Foster & Adams, Tefft & Co., Middendorf,
Williams & Co., Gude, Winmill & Co. | ay
Philadelphia—E. B. Smith & Co., Henry &
West.
St. Louis—Bowman, Cost & Co.
Chicago—Northern Trust Co.
Baltimore—Jenkins, Whedbee & Poe, Mid-
dendorf, Williams & Co., Howard R. Taylor.
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY CO. 5% Equip. Series ‘‘1.””, Due
$366,000 each June 1 to June 1, 1917,
inclusive.—F.
Dated June 1, 1907. Interest payable March,
June, Sept. and Dec. 1, at Trustee’s office or
Townsend Whelen & Co., Philadelphia. ;
and Earnings—See
737
Authorized—$3,660,000.
Outstanding—$735, 000.
Balance Retired.
Denomination—Coupon, $1,000. gota
as to principal. Registered, $1,000.. C.'& R.
interchangeable. i
Trustee—Bankers’ Trust Co., New York. -
' Secured by a conditional bill’ of sale on 2,500
wooden box cars, costing $4,065, 300, of which
$405,300 was paid in cash.’
Original Market—Offered in 1907, by Town-
send Whelen & Co., Henry & ‘Were and Bioren
& Co., Philadelphia, on a 574% b asis.
arket a
Philadelphia—Montgomery, Clothier & Tyler,
pomnrend Whelen & Co., Bioren & Co., Henry &
es
: Hicks” ee & Hiscoe, Coggeshall &
Hi a ty ie
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY Car. Tr. 5s Ser. ‘‘V.’ Due
$44,000 each June 1 from 1915 to 1919 and
$45,000 from 1920 to 1922.—F.
_ Dated June 1, 1913. Interest payable June 1
and December i, at ‘Townsend Whelen & Co.,
Philadelphia.
, Authorized—$399, 000.
* Outstanding—$311,000.
Balance Retired. :
Secured by an equipment trust agreement on
17 locomotives, 2 pile drivers, and 1 derrick.
Original Market—$399,000 offered in June
1913 at 99.78 to 98.24 by Townsend, Whelen &
Co., Philadelphia.
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY CO. 5% Equip. Notes, Series
“2.” Due $145,000 each May and Nov. 1,
to Nov. 1, 1921, inclusive.—F.
Dated Nov. 1, 1911. Interest payable May
and Nov. 1, at Company’s office, 165 Broad-
way, New York.
Authorized—$2,900,000.
Outstanding—$1,885,000.
‘Balance Retired.
Denomination—Coupon, $1,000. ta
Trustee—Central Trust Co., New York.’
Redeemable as a whole at any time on 60 days’
notice.
Secured by a conditional bill of sale on 11
locomotives, 21 passenger cars, 900 steel under-
frame stock cars, 500 steel underframe flat cars
and 2,000 steel underframe gondola cars, costing
$3, 1286, ,785.85 of which $335,735.85 was paid in
cash. -
Original Market—Offered in 1911, by Speyer
& Co., New York, on a 5.20% basis.
Market. ns
Baltimore—J. S. Wilson, Jr., & Co.
Eilladelphig. Hie & Co., Townsend Whe-
len & Co., E. B. Smith & Co., Elkins, Morris &
O.
New York—Speyer & Co., Coffin & Co.,
‘Curtis & Sanger.
ST. LOUIS, IRON MOUNTAIN & SOUTHERN
RAILWAY CO. Equip. 5s. Due $20,000
each June 1 and Dec. 1, from June 1, 1915,
to Dec. 1, 1924.—N. p
Dated Dec. 1, 1914. Interest ee June 1
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$400,0
Denomination—Coupon, $1,000. ie ricterable
as to principal only.
Trustee—Girard Trust Co., Philadelphia.
Secured by a first lien on 41 new all steel cars
for passenger service, costing $454,496, of which
$54,496 was paid in cash.
Original Market—Offered in Nov., 1914, by
Townsend Whelen & Co., Philadelphia.
ST. LOUIS, MEMPHIS & SOUTHEASTERN
‘RAILROAD CO. 1st 4s. Due Jan. 1, 1952,
See 1 Map 111.
Dated January 1, 1902. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New: York.
Authorized—$13, 000,000. -
Outstanding—$365,625. .
Redeemed and Papostted under the General
Lien mortgage—$8,817,000
_Denomination—Coupon, ‘$1, 000.. *
as to principal. © '
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest on any interest
day upon three months’ notice.
= gel ay ad by St. Louis & San Fran-
cisco R. R. C
. Secured by . first’ mortgage on (7) 542 miles of
road from Southeast Jct. to Cape Girardeau, Mo.,
Shepley, Mo:, to Luxora, Ark., Hayti to Grassy
Bayou, Mo.,: Mingo, Mo., to Hoxie, Ark., 'Tali-
poosa to Wardell, Mo., and practically a first
mortgage on (8) 93 miles from Cape Girardeau to
Hunter, Mo., subject to a prior lien at the rate of:
$48 per mile. These bonds are outstanding ‘at
the rate of $14,400 per mile, and in the hands
of the public.at the rate of $500 per mile. 5
ia Liens—$4, 500 South Mo. & Ark. 5s of
Undeérlies—$72, 000,000 St. Louis & S. F. Con-
sol. 4s of 1996, Gen. 5s of 1927 and Receivers’
Certificates. Bonds are reserved under the latter
mortgage to retire this issue.”
Legal for California.
‘Registerable
ST. LOUIS MERCHANTS BRIDGE CO. Ist
6s. Due Feb. 1, 1929.—N.
Dated Feb. 1, 1889. Interest payable Feb.
ae 1, at Farmers’ Loan & Trust Co., New
ork.
Authorized and Outstanding—$2,000, 000.
Denomination—Coupon, $1,000.
woe ee Loan & Trust Co., New
ork.
Redeemable at 110 and interest.
Organization and_Control—Incorporated in
Illinois’ in 1886. The entire capital stock is
owned by the St. Louis Merchants Bridge Termi-
nal Ry. Co., (see below) which leases the'‘property.
Guaranteed as to principal and interést by the
Terminal R. R. Assoc. of St. Louis.
Secured’ by a first mortgage on bridge over the
Mississippi River at St. Louis, Mo.’ Length,
with approaches, two miles.
_ Refunding—Bonds are reserved under the Ter-
minal R. R. Association of St. Louis Gen. Mort-
gage to retire this rane
Earnings—See St. L. M. B. Ter. Ry. 5s below.
Mar et.
New York—Coffin & Co., Gude, Winmill &
Co., Clark, eect & Co., Newborg & Co., Blod-
get '& Co., J. S. Farlee & Co., Gilman & Clucas,
FJ. Lisman & Co., McGeorge & Vanderhoef.
_ St. Louis—A. G.’ Edwards & Sons, Bowmas,
Cost & Co., G. H. Walker & Co.
Philadelphia—Chas. Fearon & Co.
ST. LOUIS MERCHANTS BRIDGE TERMI-
ea RAILWAY CO. ist 5s. Due Oct. 1,
Dated October 1, 1890. Interest payable
April and Oct. 1, at Trustee’s office and Farmers’
Loan & Trust Co., “New Yor
Authorized and Outstanding—$3, 500,000.
Denomination—Coupon, $500 and $1, 7000.
Erustee: 3h: Louis Union Trust Co., St. Louis,
Organization and Control—Incorporated in
Missouri in 1887. Owns the entire capital stock
of the Madison, Illinois & St. Louis Ry. and the
eo Louis Merchants Bridge Co., and leases' their
properties and that of the Granite City & Madi-
elt Line R. R. $2,940,000 of the $3,500, 000
738
stock is owned by the Terminal R. R. Assoc. of
St: Louis.
Guaranteed as to principal and interest by the
Terminal R. R. Association of St. Louis by
endorsement. :
Secured by a first mortgage on four miles of
road, including an elevated double-track steel
trestle 134 miles long, constituting an approach
to the St. Louis Merchants Bridge.
‘ Refunding—Bonds are reserved under the
Terminal R. R. Association of St. Louis Gen.
Mortgage to retire these bonds. :
Net Earnings, 6/30/14 » $765,470
Friteresty: 660 i.6 oes bos séactte eng oe 1,040,301
Listed on the New York Stock Exchange.
Market. oe a
New York—J. S. Farlee & Co., Freeman & Co.,
Clark, Dodge & Co., Blodget & Co., E. & C.
Randolph, Coffin & Co., F. J. Lisman & Co.,
Struthers & Hiscoe, Gilman & Clucas.
Boston—Estabrook & Co.
Philadelphia—Chas. Fearon & Co.
St. Lowis—John Nickerson, Jr.
ST. LOUIS NATIONAL STOCK YARDS Ist
8s. Due July 1,1930.—N. .
Dated July 2, 1900. Interest payable Jan.
and July 1, at Continental & Commercial Trust
& Savings Bank, Chicago and First National
Bank, New York.
Authorized—$2,500,000.
Outstanding—$2,500,000. :
Denomination—Coupon and registered, $1,000.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Secured by a first mortgage on stock yards
covering over 600 acres of ground in St.
Louis, Mo.
Earnings—Dividends of 6% per annum are
being paid on $4,300,000 stock.
Listed on the Boston and St. Louis Stock
Exchanges.
Original Market-—First offered by First
National Bank, Chicago, and Lee, Higginson &
Co., Boston, in Sept., 1901, at 9914 and interest.
Market.
New York—E. & C. Randolph, G. W. Walker
& Co., Ernest Smith, Gilbert Eliott & Co.
Chicago—First National Bank, Kennett,
Cowan & Co., Lee, Higginson & Co., Hulburd,
Warren & Chandler, First Trust & Savings Bank.
Boston—Lee, Higginson & Co., L. Sherman
Adams.
Chicago—Stanwood, Taylor & Co.
Boston—Thos. C. Powell.
St. Louis—Bowman, Cost & Co.
ST. LOUIS, PEORIA & NORTHWESTERN
RY. 1st 5s. Due July 1, 1948.—N.
See Map 25.
Dated July 1, 1913. Interest payable January
and July 1, at Chicago & Northwestern Ry.
Co. office, New York.
Authorized—$10,000,000.
Outstanding—$9,981,000.
Retired—$19,000. .
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000 and
,000. C. & R. interchangeable.
paneer Farmers’ Loan & Trust Co., New
ork. i
Guaranteed as to principal and interest by the
Culesge & Northwestern Ry. Co. by endorse-
ment.
‘Organization and Control—Incorporated in
Illinois in 1911. All of the $25,000 stock is owned
by the C. & N-W. Ry. Co., and it is expected
that that company will shortly absorb this com-
Pany, and assume these bonds. 2
Secured by a first mortgage on (11) 115 miles
of road from Peoria south to Benld, Ill. The road
gives the C. & N.W. Ry. access to its coal mines
in Macupin County, Ill. The road extends to
within 40 miles of St. Louis, Mo., which city ia
739
not now served by any line of the Northwestern
System. These bonds are outstanding at the rate
of $87,000 per mile. 2
Original Market—$10,000,000 offered in Oct.,
1918 on a 4.80% basis by Kuhn, Loeb & Co., and
Wm. Salomon & Co., New York.
Market. :
New York—Kuhn, Loeb & Co., Seasongood &
Haas, Peck, Rasmus & Truesdale, L. M. Prince &
Co., Redmond & Co., Edgerly & Crocker, Bull
& Eldredge, Struthers Hiscoe, Crawford,
Patton & Cannon, Whittemore, Pell & Co.,
Wood, Struthers & Co.
Philadelphia—Henry & West.
Minneapolis—Stevens, Chapman & Co.
ST. LOUIS RAILROAD CO. Ist Extd. 44s.
Due May 1, 1920.—F.
Dated May 5, 1890 and extended from May 1,
1910 with interest reduced from 5%. Interest
payable May 1 and. Nov. 1, at Mississippi Valley
Trust Co., St. Louis.
Authorized—$2,000,000.
Outstanding—$1,948,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—St. Louis Union Trust Co., St. Louis,
Balance cancelled.
Registerable
oO.
‘Guaranteed as to principal and interest by
endorsement by the United Rys. Co. of St. Louis.
Control— Merged with the United Rys. Co. of
St. Louis.
Secured by a first mortgage on 15 miles of
track extending through the center of the business
erg of St. Louis and known as the “Broadway
ine.’”
Franchise expires 1939.
Underlies—$41,100,000 United Rys. Co. of St.
Louis Gen. 1st 4s of 1934, and St. Louis Transit
Impv’t 5s. Bonds are reserved under the former
mortgage to retire this issue.
Net Earnings, U. Rys. St. L.
vi ME/BE/W idles os. terion oe ssc $3,126,296
Interest.... 2,618,975
This issue: ons vac wees 3 3 yes 870,735
Listed on the St. Louis Stock Exchange.
Market.
St. Louis—Francis Bro. & Co., Altheimer &
Rawlings Inv. Co., Bowman, Cost & Co., Missis-
sippi Valley Trust Co., John Nickerson, Jr.
Baltimore—Jenkins, Whedbee & Poe, J. S.
Wilson, Jr., & Co., Owen Daly & Co.
ST. LOUIS, ROCKY MOUNTAIN & PACIFIC
CO. 1st 5s. Due July 1, 1955.—F.
Dated July 1, 1905. Interest payable Jan.
and July 1, at Bankers’ Trust Co., New York.
Authorized—$15,000,000.
Outstanding—$7,559,000.
Retired by Sinking Fund—$140,000. _
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable. Registered,
$1,000, $5,000 : and $10,000. & R. inter-
changeable.
Trustee—Metropolitan Trust Co., New York.
Redeemable for sinking fund purposes at par
and interest. ame .
Sinking Fund—Annually beginning April 1,
1911, an amount equal to one cent per gross ton
on all coal mined from the property pledged under
the mortgage for the purchase of bonds at par and
interest. In 1912 amount was raised to three
cents per ton. : 7
Organization—Incorporated in New Mexico,
in 1905. Owns ir Sager all the stocks and
other securities of the St. Louis, Rocky Moun-
tain & Pacific Ry. Co. and_has a controlling
interest in other companies. In 1913, the opera-
tion of the St. Louis, Rocky Mountain & Pacific
Ry. Co. having proven unprofitable, the St. L.
R. Mt. & P. Co. entered into an_ agreement to
sell the stocks and bonds of that Railway Com-
any, deposited hereunder, to the Atchison,
Fopeka and Santa Fe Ry. Co., for $50,000 in
cash and $3,000,000 4% bonds of that company,
to be secured by a first. mortgage on the property
of the St. L., R. Mt. & P. Ry. Co. In April, 1915
the plan was declared operative and the A, T&
s. ey Co., took over the property of the St.
Toy R. M.&P. Ry. Co.The mortgage was closed,
the sinking fund payments increased by mortgage
provision to three cents per ton of coal mined, and
the $50,000 cash received to be applied | to the
sinking fund. The $3,000,000 bonds received shall
be sold as directed by the company, and the pro-
eeeds used to retire these bonds or exchanged,
par for par, for bonds of this issue, which bonds
are to be cancelled. As of June 1, 1914, holders
of more than 90% of these bonds had assented
to their sale, and certificates of deposit, repre-
senting these bonds, have‘ been issued by the
Bankers’ Trust Co., and listed on the New York
Stock Exchange.
Secured by a first mortgage on coal lands in
Colfax County, N -, and coal mining and
eoking plants in operation and located ‘on these
lands of which the company owns in fee 191,-
895 acres and coal rights in 328,430 acres addi-
tional, with surface necessary for mining plants.
Further secured by a first lien on $3,000,000
bonds of the A. T., & S. F. Ry. Co., which are a
first mortgage on 106 miles of road from Des
Moines to Ute Park, N. M
Raton and Koehler.
*Net ee Coal Co. & Ey Co.
6/30/14 eee
- and branches to
$823,517
Interest, etc. 486,894
*Balance from operation’ of the railway was
$20,658, and interest $18,500, the total deficit
of the railway company having been $164,342
Listed on the New York Stock Exchange.
Original Market—First offered in 1905, by
Fisk & Robinson, New York. $532,000 offered
by the same firm, Mere 1912, at 84 and interest.
arket. °
New York—Wolff & etoile, Seles Eliott &
Co., A. E. Fitkin & Co., Folsom & Adams,
Robinson & Co., F. J. Lisman & Co., F. H. Hatch
Co., Newborg. & Co., Coffin &Co., G. W. Wal-
ker & Co., Gilman & Clucas, Hotehkin & Co.,
Ee & C. Randolph, C.'H. Hensel, Didrichsen
Co.
Boston—L. Sherman Adams, Hotchkin & Co.
St. Louis—Altheimer & Rawlings Inv. Co.,
Francis Bro. & Co. ,
Albany—John J. Hart.
Minneapolis—Stevens, Chapman & Co.
ST. LOUIS SCREW CO. Ist Mtge. 6s, Series
“*A.” Due each July 1, $15,000 per annum
from 1916 to 1920, and $25,000 thereafter
to 1923.
Dated July 1, 1914. Interest payable Jan. 1
and July 1, at Trustee’s office.
_ Authorized and Outstanding—$150,000. -
Denomination—Coupon, $500 and $1,000.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo.
‘Redeemable at 102 and interest.
in Missouri in
Gyeinisitiony Bicerporseed
Secured by a first mortgage on the plant of
the company located in St. Louis, Mo., where
company is engaged in manufacture of screws,
nuts, bolts, washers, etc. _ Property covers 13%
acres.
Underlies—$50,000 Series “B” bonds.
Original Market—Offered in July, 1914, by
the Altheimer & Rawlings Investment Co., St.
Louis, at par and interest.
ST. LOUIS SOUTHERN nARORY CoO. 1st
4s. Due Sept. 1, 1931.—.
See Map 56.
ae. rer 1, 1886. Interest payable March
and Sept. 1, at Tilinois Central Office, 115 Broad-
way, ay orks,
‘Authorized—-$550, 000.
740
Ontstanding—$538,000. (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mercantile Trust Co., New York.
Control—Absorbed by the Illinois Central
. R. Co.
“Assumed by the Illinois Central R. R. Co.
Secured by a first mortgageon (10) 31 miles of
road from Pinckneyville to Carbondale, Ill., and
branch to Murphysboro Ill. These bonds are
outstanding at the rate of $17,400 per. mile.
Underlies—$41,000,000 Ill. Cent. St. Louis
Div. & Terminal 3sand 3 4s, and Ref..4s of 1955.
Under both of the above mortgages, bonds are
reserved to retire this issue.
Legal for Balt.
Listed on the New York Stock Exchange.
Market.
New York—Callaway, Fish & Co., Coffin & Co.,
Gilman & Clucas, Foster & Adame.’
ST. one SOUTHWESTERN RAILWAY
Incorporated in 1891 in Missouri. The com-
pany owns 630 miles of road from St. Louis, Mo.
to Texarkana, Tex., and branches, and controls
through ownership of the. entire capital stock of
companies owning the road, 748 miles of road
operated. by it, and 182-miles operated by in-
dependent organizations. The company .also
has trackage rights over some 200 miles of. road.
These lines extend irom St. Louis, Mo. to Fort
Worth, Tex., with numerous branches.
The company has outstanding $20,000,000 5%
non-cumulative preferred stock and $16, 500,000
common stock. Dividends on the. preferred
stock were inaugurated in 1909. 2% was paid
in 1909, 5% in 1828; 4% in 1911, 534% in 1912,
+ Ae in 1913. and 144% in i914. In. July,
1914 dividend payments were discontinued.
The company has outstanding on the road as
described above, not including trackage rights,
bonds at the rate of $37,100 per mile.
In the past two years net income has exceeded
Pcie the interest charges on the entire funded
ebt.
' Reports, years ended June 30;
1913-14 1912-13
Gross earnings. $12,744,555 $13, aoe 950
Net earnings.... 2'976, 8 10: 81,153
Net income..... 3,354,886 4,656,781
Rentals........ 708,271 528,374
Interest........ 2,098,190 2,099,627
Int. on income
bonds, ete.... 212,654 142,588
Dividends...... 497,341 994,683
Balance (def.). $161,570 $891,509
ST. LOUIS SOUTHWESTERN a co.
Cons. 4s. Due June 1, A382
See Map 76.
Dated Fane 1 1902. Interest ‘payable June.
and Dee. 1, at Equitable Trust. rea New York.
Authorized—$25,000,000.
Outstanding—$22, 261, 750. 6: ,
Denomination—Coupon, $1,000. . Registerable
as to principal, or fully registerable. Cc. & R
interchangeable.
Trustee—Equitable Trust Co., New York.
Secured by a first mieripere on (8) 85 miles of
toad from Stuttgart to Gillett, Ark.; first lien on
(9) 88 miles of road from Altheimer to Reydel,
Ark., and Lufkin to White City, Texas, and
terminals in Dallas, Texas., by: deposit of entire
issues of first mortgage bonds and.on 30 miles
from Lufkin to Kennard, Texas, through the
deposit of all of the stock of the company owning
the road, which is unmortgaged; a third mortgage
on (10) 587 miles of road from Delta, Mo., to
Texarkana, Tex., and branches to Bird’s Point,
Mo., Little Rock, Ark., and Shreveport, La.,
subject to prior liens at the rate of $18,500
and a third lien on (11) 641 miles of road from
ot
Texarkana to Ft. Worth, Tex., Mt. Pleasant,
via Waco to Gatesville, Tex., and branches,
to Sherman, Hillsboro. and Lufkin, Tex., by
a second lien on all of the second mortgage
bondsiof.the St. L., S. W. Ry. of Texas, and the
ayer Southeastern Ry. Co., amounting to
$5,052,500, which are secured on the mileage at
the rate of $7,900 per mile, subject .to a prior
lien at the rate of $15,800 per mile, these 2nd
mortgage bonds being subject to the lien of
$3;042,500 St. L.; S. W. Ry. Co. 2nd mortgage
income bonds; and a third lien on practically the
entire capital stock issues of the above roads.
These bonds are also secured by a first lien on
$6,261,950 St. L., S. W. Ry. Co, 2nd mortgage
income bond certificates. These bonds are
outstanding on all of the road owned by the
company, at the rate of $17,400 per mile.
Prior Liens—$23,042,000 1st and 2nd 4s.
Underlies—$8,155,000 ist Terminal & Uni-
fying 5s. Bonds are reserved under that mort-
gage to retire this issue.
Listed on the New York stork Exchange.
ou! ‘arket.
New York—Rhoades & Co., Chas. D. Barney
& Co., Guaranty Trust Co., Redmond & Co.,
McGeorge & Vanderhoef, Wm. Salomon & Co.,
Morgan & Bartlett, L. M. Prince & Co., Effing-
ham Lawrence & Co., Plympton, Gardiner & Co.,
E. & C. Randolph, Knauth, Nachod & Kuhne,
‘Middendorf, Williams & Co. ~
ST. LOUIS SOUTHWESTERN RAILWAY CO.
1st Term. & Uni. 5s. Due Jan. 1, 1952.—F.
See Map 75.
Dated January 1, 1912. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York.
Principal and interest of all. bonds payable in
New York, and: principal .of coupon bonds in
London at £205 15s 2d sterling; in Amsterdam
2,490 guilders; in Berlin at 4,200 marks in Paris
at 5,180 frances for each $1,000.
Authorized—$100,000,000..
Onutstanding—$8,155,000. ie
Denomination—Coupon, $1,000. Registerable
as to principal, and fully registerable. Regis-
tered, $1,000 and multiples. C. & R. inter-
changeable.
‘+ Trustees—Guaranty Trust Co., New York,
and Walker Hill, St. Louis. 3
‘Secured by a first lien upon terminal prop-
erties and improvements at St. Louis costing
$2,000,000 and terminal property at Ft. Worth
costing $250,000 a first lien on the entire cap-
ital stocks of five subsidiary companies and
$686,000 Gray’s Point Terminal Ry. Co. 1st
Ref. & Extension bonds. These bonds are also
secured by a second mortgage on (8) 35 miles of
toad subject:to a prior lien at the rate of $17,400
per mile, a second lien on (9) 118-miles of road,
subject to a prior lien at the rate of $17,400 per
mile, a fourth mortgage on 587 miles of road
subject to prior liens at the rate of $35,900 per
mile, and a fourth lien on (11) 641 miles of road,
subject to prior liens at the rate of $34,300 per
mile. For details of mileage see Consol. 4s above.
These bonds are outstanding on the mileage as
described above, not including road owned by
companies whose stocks are deposited at the rate
of $6,300 per mile. Further secured by a first
lien ’on (11) 200-miles of trackage rights from
Illimo to St. Louis, Mo., and Brinkley to Mem-
phis,-Tenn., which line affords the St. Louis
Southwestern Ry. its entrance into those cities.
Prior Liens—$45,000,000 St. Louis S. W. 1st
43, 2nd 4s, 1st Consol. 4s, and Gray’s Point
Terminal 1st 5s. 7
Original Market—$7,500,000 offered in May,
1912, by the Guaranty Trust Co., Wm. Salomon
Co., and Rhoades & Co., New York, at 904%
and interest. :
Market.
New York—Knauth, Nachod & Kuhne,
Rhoades & Co., Miller & Co., A. E. Fitkin &
, Co., Hornblower & Weeks, E. H. Rollins & Sons
A. G. Edwards & Sons, Guaranty Trust Co.,
Coffin & Co., Rauscher & Childress, McGeorge
& Vanderhoef, J. A. Clark & Co.
Boston—E. H. Rollins & Sons.
Philadelphia—E. B, Smith & Co.,
Petry.
St. Louis—Simon, Brookmire & Clifford.
Baltimore— W., W. Lanahan & Co.
Chicago— Yard, Otis & Taylor.
New Orleans—Hibernia Bank & Trust Co.
Cincinnati—A. & F. Frank, A. J. Frank.
ST. LOUIS SOUTHWESTERN RAILWAY CO.
1st 4% Bond Certfs. Due Nov. 1, 1989.—F.
See Map 77.
_ Dated Nov, 1, 1890. Interest payable, from
interest received on $20,000,000 bonds deposited
hereunder, on May and Nov. 1, at Central Trust
Co., New York.
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trastee—Central Trust Co., New York.
Secured by a first lien on (8) 1,242 miles of road
from Delta, Mo., via Texarkana, Tex., to Fort
Worth, Texas, and branches to Bird’s Point, Mo.;
Little Rock, Ark., Shreveport, La., and Sherman,
Hillsboro, Gatesville and Lufkin, Tex., by
deposit of a like amount of 1st mortgage bonds of
the St. Louis S. W. Ry. C °.; St. Louis S. W. Ry.
Co. of Texas and Tyler S. E. Ry. Co., which
bonds are outstanding at the average rate of
$16,100 per mile. Further secured by a first
lien on practically the entire capital stock of the
St. L. S. W. Ry. Co. of Texas and the Tyler
. BE. Ry. Co. a
Underlies—$33,458,000 St. Louis Southwestern
Ry. 2d Ine. 4% Bond Certificates of 1989; 1st
‘Cons. 4s of 1932 and 1st Term. & Unif. 5s of 1952.
Legal for Cal., Me. & Mo.
Listed on the New York Stock Exchange.
Market.
New York—Redmond & Co., Rhoades & Co.,
Miller & Co.,.Sutro Bros. & Co., Coffin & Co.,
L. M. Prince & Co., Middendorf, Williams & Co.,
Simon Borg & Co., Seasongood & Haas, Wood,
Struthers & Co., Tobey & Kirk.
St. Louis—Bowman, Cost & Co.
ST. LOUIS SOUTHWESTERN RAILWAY CO.
2d Income 4% Bond Certfs. Due Nov. 1,
1989.—F.
‘See Map 77. '
Dated Nov. 1, 1890. Interest payable Jan. and
July 1, if earned and non-cumulative, at Bankers’
Trust Co., New York.
Authorized—$10,000,000.
Outstanding in Hands of Public—$3,042,500.
Deposited under the St. L. S. W. Ist Cons.
Mige. of 1932—$6,957,500.
Denomination—Coupon, $500 and $1,000.
registerable as to principal.
Trustee—Bankers’ Trust Co., New York. —
Secured by a second lien on (8) 1,242 miles
described under the 1st 4s above, by the deposit
of $10,000,000 second mortgage income bonds of
the three companies mentioned thereunder, and
also by a second lien on the stocks enumerated
under that issue. These bonds are outstanding
at the rate of $8,000 per mile, including those
bonds deposited under the 1st Consolidated
Mortgage.
Prior Lien—$20,000,000 St. L. S. W. 1st Mtge.
Ctfs. 43 of 1989.
_ Underlies—$30,400,000 1st Consol. 4s and 1st
Term. & Unif. 5s.
Listed on the New York Stock Exchange.
Market.
New York—Plympton, Gardiner & Co., Vickers
& Phelps, Gilman & Clucas, L. M. Prince & Co.
ST. LOUIS SOUTHWESTERN RAILWAY CO.
5% Equipment Notes, Series ‘‘A.” Due
Mellor
T41
$46,000 each April 1st to April 1, 1920,
inclusive.—F.
Dated April 1, 1910. Interest payable April
and Oct. 1, at Trustee’s office, New York.
Authorized—-$460,000.
Outstanding—$322,000.
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—United States Mortgage & Trust
Co., New York. , 4
Secured by an equipment ‘trust agreement on
16 locomotives, 14 passenger cars, 6 chair cars
and 3 parlor cars, costing $541,277.80 of which
$81,277.80 was paid in cash.
ST. LOUIS SOUTHWESTERN RAILWAY CO.
5% Equipment Notes, Series ‘‘B.”” Due
$88,000 each Aug. 1st and Feb. Ist to Feb.
1, 1921, inclusive.—F. ‘
Dated February 1, 1911. Interest payable
Feb. and Aug. 1, at Trustee’s office, New York.
Authorized—$1,760,000.
Outstanding—$1,136,000.
Balance Retired.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 100 and interest.
Secured by an equipment trust agreement
on 1,500 box cars, 500 automobile cars and
500 refrigerator cars, costing $2,217,500 of which
$457,500 was paid in cash. aa .
Original Market—Offered in 1911, by William
Salomon & Co. and Rhoades & Co., New York.
ST. LOUIS SOUTHWESTERN RAILWAY CO.
5% Equipment Notes, Series ‘‘C.”” Due
$33,000 each June 1 and December 1, to
- June 1, 1923, inclusive.—F.
’ Dated June 1, 1918. Interest payable June 1
and December 1, at Trustee’s office.
Authorized—$660,000.
Outstanding—$528,000.
‘ Balance Retired.
' Denomination—Coupon, $1,000.
Trustee—Philadelphia Trust, Safe Deposit &
Insurance Co., Philadelphia.
Secured by an equipment trust agreement on
20 locomotives, 5 steel underframe parlor and
dining cars, and 200 steel underframe box cars.
ST. LOUIS, SPRINGFIELD & PEORIA RAIL-
ROAD Ist & Ref. 5s. Due Dec. 1, 1939.—F.
Dated December 1, 1909. Interest’ payable
June and Dec. 1, at Chase National Bank,
New York, or Trustee’s office.
Authorized—$15,000,000.
Outstanding—$4,653,000.
Denomination—Coupon, $1,000. Registerable
asto principal. Registered, $1,000 and multiples.
C.& R. interchangeable.
Trustee—Illinois Trust & Savings Bank, Chi-
cago.
Redeemable at 105 a:
date.
Organization and Control—Incorporated in
Illinois in 1909. All of the stock is owned by the
Illinois Traction Co.
Guaranteed unconditionally,
and interest by the Illinois Traction Co.
endorsement.
Secured by a first mortgage on about 105 miles
of interurban railway from Mackinaw to Lincoln,
Carlinville to Venice and Staunton to Hills-
boro, and a second mortgage on 78 miles of inter-
urban railway from Peoria to Bloomington and
Springfield to Carlinville, all_in Illinois. The
company leases 32 miles from Lincoln to Spring-
field. Through cars are operated between Peoria
and St.: Louis, entering the latter city over a
bridge owned by a subsidiary company of the
Illinois Traction Co. The distance between the
cities is 173 miles, and the running time is six and
one-half hours. This is as fast as the time on
Registerable
nd interest on any interest
as to principal
by
742
one of the steam roads, and only one hour
longer than the time taken by the other road.
The steam railroads operate only one train 2
day in each direction, while this company operates
seven, including a sleeping car. Population in
cities on line mortgaged, Springfield, Peoria and
Bloomington, 150,000, other territory, 80,000.
The road is built on private right of way, except
17 miles in cities, where franchises extend at least
to 1953.
Prior Liens—$860,000 bonds of absorbed com-
panies.
Underlies—$4,157,000 Gen. 5s.
Net Earnings, (12 mos.) 7/31/13. $488,209
Interest...... 0. cece eee cece 275,650
Listed on the Chicago Stock Exchange.
Original Market—Offered in Jan., 1910, by
N. W. Halsey & Co., New York, ete., at 99 and
interest.
Market. "
New York—N. W. Halsey & Co., Estabrook
& Co., Coffin & Co., F. H. Hatch & Co., H. D.
Robbins, S. L. Snowden. :
Boston—Merrill, Oldham & Co., Estabrook &
Co., L. Sherman Adams. :
Chicago—Hulburd, Warren & Chandler.
' Portland, Me.—Fidelity Trust Co.
St. Louis—John Nickerson, Jr.
Philadelphia—Oscar R. Dare.
ST. LOUIS TRANSIT CO. Guar. Imp. 20-Year
5s. Due Oct. 1, 1924.—F.
Dated October 1, 1904. Interest payable
‘April and Oct:'1, at North American Co., 30
Broad St., New York.
Authorized—$10,000,000.
Outstanding— $9,860,000.
Held in Treasury—$140,000.
Denomination—Coupon, $1,000.
as to principal. | .
Trustee—Mercantile Trust Co., St. Louis, Mo.
Organization and Control—The company was
organized in 1899, and leased the United Rys. of
St. Louis, but on Oct. 31, 1904, through.a read-
justment, the lease was cancelled and the United
Rys. Co. re-entered upon the operation of its
property Nov. 1, 1904, and the $17,264,300 stock
of the Transit Co. was exchanged for common
stock of the United Rys. Co. at the rate of $500
of Transit Co. stock for $200 United Rys. Co.
stock. The United Rys. Co..is controlled by the
North American Co. through ownership of 2
majority of its capital stock. ~ 4,8 :
Guaranteed’ principal and interest by the
United Rys. Co. of St. Louis, by endorsement.
This guarantee is secured by a lien on the prop-
erty of the company junior to that of the U. Rys.
of St. Louis Gen. 4s. 7
Secured by a general mortgage on the entire
street railway system in St. Louis and vicinity,
including 461 miles of track, of which 350 miles
are in the city. Population served, 700,000.
Franchises expire between 1936 and 1948.
Prior Liens—$42,000,000 United Rys.: of St.
‘Louis Gen. 5s of 1934 and liens prior thereto.
Net Earnings, U. Rys. of St. L. 3
Registerable
LB/SAJIA, secre ecu ee $3; 126,296 »
Interest 3.5082 casio aan aatoeunseays 2,618,255 ..
Listed on the New York and St. Louis Stock
Exchanges. i
Original Market—$1,000,000 offered in 1905,
at 9744 and interest by Harvey Fisk & Sons,
New York. ' ohn
‘ Market.
New York—Chas. H. Jones & Co., Bigelow &
Co., Coffin & Co., F. J. Lisman & Co., Spencer
Trask & Co., F. H. Hatch & Co., Hartshorne &
Picabia, Peters & Salisbury, Hotchkin & Co.,
F. S. Smithers & Co. :
-' Philadelphia—Chas. Fearon & '‘Co., Henry &
West, S. K. Phillips, Reed & Huntoon. |
St. Louis—Bowman, Cost & Co., Francis Bro.
& Co., Mercantile Trust Co., Whitaker & Co. |
» Louisville—Henning, Chambers & Co. !
ST. LOUIS, TROY & EASTERN RAILROAD
__ Ist 5s. Due Dec. 1, 1924.—N.
‘Dated Dec. 1, 1904. Interest payable June
and Dec. 1, at Mississippi Valley Trust Co.,
St. Louis, Mo.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $500.
Trustee—Mississippi Valley Trust .Co., St.
Toul: Mo. A
uaranteed principal and interest by Mer-
‘chants & Manufacturers Investment Co. i
. Organization and Control—Incorporated in
“ Tacs in 1899. All of the stock is owned by the
erchants & Manufacturers Investment Co.
Secured by _a first mortgage on 19 miles of
railroad from East St. Louis to Troy, Ill., opera-
ted for freight traffic only. Company leases 7
miles from Formosa to Edwardsville, ‘Ill.
Net Earnings, 6/30/14........... .
ERCEREEB ssicsceevivess sie, se una.nce.co aver avens . 27,585
Market.
New York—F. J. Lisman & Co.
St. Louis—Bowman, Cost & Co.
ST. LOUIS, WICHITA & WESTERN RAILWAY
CO. Ist 6s. Due Sept. 1, 1919.—N. ?
See Map.110. - uf
Dated September. 1, 1879. Interest payable
March and Sept. 1, at Mercantile Trust Co.,
New York. .
Authorized—-$2,000,000.
Outstanding—$304,000.
--Pledged under the S. L. & S. F. Ref.
$1,696,000. :
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—G. A. Wurdeman.
_ Redeemable at 105 and interest on any
interest date upon 30 days’ notice.
Control—Absorbed by the St. L. & S. F. R. R.
4s—
0. ‘
Assumed by the St. Louis & San Francisco
"RR. Co. - eo ‘
. Secured by a first mortgage on (4) 145 miles af
road from Oswego to Wichita, Kan. These
bonds are outstanding at the rate of $13,800-per
mile. 4 :
Underlies—$150,000,000 St. L. & S. F. Gen.
6s & 5s of 1931; Cons. 4s of 1996; Ref. 4s of 1951,
under which mortgage bonds are reserved for the
retirement of this issue, Gen. Lien 5s of 1927 and
Receivers’ certificates. «
Market.
New York—Seasongood & Haas.
ST. MAURICE VALLEY COTTON MILLS,
LTD., Ist S. F. 6s. Due June 1, 1952.
Dated June 1, 1912. Interest payable June
and Dec. 1, at Trustee’s office.
’ Authorized—$2,500,000.
Outstanding—$1,500,000.
. Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
Trustee —Quebes Savings & Trust Co.,.Mont-
Teal.
Redeemable on and after June 1, 1917, at 105
and interest. gat “ ae
Sinking Fund—Annually 1% of outstanding
bonds after June 1, 1917, for the purchase or re-
demption of: these bonds at not over 105 and
interest. Bonds so acquired to be held alive
and interest added to this fund. 7
Organization and Control—Incorporated in
Canada in 1912 as a subsidiary of the Wabasso
Cotton Co., Ltd., formed in 1908 and controll-
ing a large output of knit goods and yarns.
Secured by a first mortgage on new ‘plant at
Three Rivers, P..Q., with ‘900 looms and 50,000
spindles.’ This plant was ‘built to manufacture
fine white cotton lawns, etc., formerly imported.
Original Market—Offered in Aug., 1913,.by
the Quebec Bond Co., Ltd. Montreal and
Toronto and Greenshields & Co., Montreal, at
96 and interest with 40% bonus of common stock.
Market.
Montreal—Greenshields & Co.
ST. PAUL & DULUTH RAILROAD CO. Ist is.
Due Aug: 1, 1931.—N.
See Map 92. :
Dated July 1, 1881. . Interest payable: Feb.
and Aug: 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon; $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Control—Merged with the Northern Pacific
Ry. Co. in June, 1900. : %
Assumed by the Northern Pacific Ry. Co.
Secured by a first mortgage on (4) 193 miles of
road from St. Paul to Duluth, Minn., Carlton to
Cloquet, Minn., and White Bear Lake to Still-
water, Minn.; and Wyoming, Minn., to Taylor’s
Falls, Minn, ‘These bonds are outstanding at
the rate of $5,200 per mile.
Underlies—$31,000,000 2d 5s; 1st Cons. 48;
and Northern Pacific, St. P.-Dul. Div. 4s, and
Ref. & Imp. 4s, a sufficient amount of which
is reserved to retire this issue. — i
* Legal-for Balt., Cal., Conn., Fla., Me., Minn.,
Mass., N. H., 'N. 'Y., R. I. and Vt. :
Listed on the New York Stock Exchange.
atta Ya ‘Market. .
New York—Ambrose R. Clark, Low, Dixon &
Co., L.. M. Prince & Co., Remick, Hodges & Co.,
McGeorge & Vanderhoef. :
ST. PAUL & DULUTH RAILROAD CO. Second
5s. Due Oct. 1, 1917.—N.
See Map 88. a
Dated October 1, 1887. Interest payable April
‘and Oct. 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
‘ Control—See 1st 5s above. :
Assumed by the Northern Pacific Ry. Co.
Secured by a first mortgage on (7) 17 miles from
Rush City, Minn., to Grantsburgh, ‘Wis.; and a
second mortgage on (4) 193 miles of road, from
St. Paul to Duluth and branches, subject to a
prior lien at the rate of $5,200 per mile. These
bends are outstanding at the rate of $9,600 per
mule. -
Prior Liens—$1,000,000 St. Paul & Duluth
1st 5s.)
Underlies—$29,000,000 1st Cons. 4s and the
Northern Pacific-St. P._Dul. Div. 4s, and Ref.
& Imp. 414s, under which mortgage ‘bonds are
reserved for the retirement of this issue. 2
Legal for Cal., Conn., N. H., N. Y. and R. I.
Listed on the New York Stock Exchange.
Market. ha
. New York—Sutro Bros. & Co., Korn, Lehman
& Co., Struthers & Hiscoe, Peck, Rasmus &
Truesdale. g
Baltimore—Jenkins, Whedbee & Poe.
ST. PAUL & DULUTH RAILROAD co. 1st
_.Cons. 4s. Due June 1, 1968.—N. - ai
See Map 92. : :
Dated June 1, 1898. Interest payable, June
and Dee. 1, at J. P. Morgan & Co., New. York.
Authorized—$5,000,000. ‘
Outstanding—$1,000,000 (Closed mortgage).
- Denominaion—Covpent $1,000. Registerable
as to-principal,. __ Poe 2a ied, eve
Trustee Metropolitan Trust Co., New York.
_ Assumed by the Northern Pacific Ry. Co.:
Secured by. a first mortgage on 4 miles of road
from Miller to Quarry;,.a second mortgage on
17 miles of road from Rush City, Minn., to
Grantsburg, Wis., subject to a prior lien at the
rate of $9,600 per mile, and a third mortgage on
193 miles of road from §t. Paul to. Duluth,
Minn., and branches, subject to a prior. lien
743
at the rate of $14,800 per mile. These bonds
are outstanding at the rate of $9,500 per mile.
Prior Liens—$3,000,000 St. P. & Dul. 1st 5s;
and 2nd 5s. Ga .
Underlies—$28,000,000 Northern: Pacific St.
Paul-Dul. Div. 4s, under which mortgage bonds
are reserved for-the retirement of this’ issue.
Legal for Cal., Conn., N. H., N.Y. and R. I.
Listed on the New York Stock Exchange.
Market. | ‘ '
New York—Spencer Trask & Co., Redmond &
Co., Lee, Higginson & Co., Didrichsen & Co. :
ST. PAUL & KANSAS CITY SHORT LINE
RAILROAD CO. Ist 414s. Due Feb. 1,
1941.—F.. ‘
See Map 36.
‘Dated February 1, 1911. Interest payable
Feb. and Aug. 1, at First National Bank, New
York or London. : 1
Authorized—$30,000,000.
- ‘Outstanding—$10,000,000.
: :Denomination—Coupon, $1,000 and $500;
i£200-and £100. Registerable as to principal or
fully registerable. interchangeable.
Sterling bonds are exchangeable for Dollar bonds
at a fixed rate of $4.85 per £ Sterling.
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole only at 105 and interest
on any interest date on 60 days’ notice.
Organization and Control—Incorporated in
Iowa in 1911. The C., R. I. & P. Ry. Co. owns
the entire capital stock, and leases the road for
99 years from 1918. The C., Ry. Co.
was Biaced in the hands of receivers in April,
Guaranteed, principal and interest by the
Chicago, Rock Island & Pacifie Ry. Co. by en-
dorsement. The C., R. I. & P. Ry. Co. is now
in hands of receivers. ; i
Secured by a first mortgage on (3) 184 miles of
road from Mason City to East Des Moines, Ia.,
and from Carlisle to Allerton, Ia. The company
has trackage rights from Mason City to Manly,
Ia., over the Chicago Great Western R. R. and
from East Des Moines, through Des Moines to
Carlisle, over the C., R. I. & P. Ry. In con-
nection with other lines owned by the C., R. 1. &
P. Ry. Co, this road forms a direct route between
Minneapolis and St. Paul, and. Denver, Kansas
City and points south and west of Kansas City.
This is the shortest through route between
Minneapolis and Kansas City. These bonds are
outstanding at the rate of $54,400 per mile.
Listed on the New York Stock Exchange.
Original Market—$10,000,000 offered Feb.,
1911, at 9334 and interest by Speyer & Co.,
New York, and Speyer Bros., London, and First
Trust,& Savings Bank, Chicago.
Market.
_. New York—Seasongood & Haas, Plympton,
Gardiner & Co., Coffin & Co., Wolff & Stanley,
Redmond & Co., Speyer & Co., Alfred Mestie &
Co., A. E. Fitkin & Co., Hartshorne & Battelle,
H. P. Taylor & Co., Samuel Goldschmidt. ‘‘
Philadelphia—Newburger, Henderson & Loeb,
Bioren & Co., Graham & Co. ! :
Chicago—First National Bank, First Trust &
Savings Bank. :
Baltimore—J. S. Wilson, Jr., & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
ST. PAUL & NORTHERN PACIFIC RAILWAY
CO. 1st 6s. Due February 1, 1923.—F.
See Map 92.
Dated June 1, 1888. Interest payable, Coupon
Feb. and Aug. 1; Registered Feb., May, Aug. and
Nov. 1, at J. P. Morgan & Co., New York.
Authorized—$10,000,000.
Outstanding—$7,887,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
Na i Gomera or fully registerable. Registered,
744
Trustee—Central Trust Co., New York.
Sinking Fund—After the satisfaction of all
prior liens, the proceeds of land sales shall be
invested in these bonds at a price not exceeding
120; bonds so purchased to be cancelled; if not
so purchasable, proceeds shall be held as:a sinking
fund for payment of this issue at maturity.
. Control—Merged with the Northern Pacific
y- Co. 3 '
Assumed by the Northern Pacific Ry. Co.
Secured by a.first mortgage on (3) 180 miles of
road from St. Paulto Staples, Minn., and Little
Falls to Brainerd, Minn., and about 400 acres
of land in-and about St. Paul and Minneapolis.
Ninety miles of the road, which forms a part of
the main line of the Northern Pacific Ry. between
Minneapolis.and points west thereof, are double-
tracked. ‘These bonds are outstanding at the
rate of $43,800 per mile. .
Underlies—$182,000,000 Northern Pacific
Prior Lien.4s of 1997, a sufficient amount of which
is reserved to retire this issue,.and Gen. Lien 33
of 2047 and Ref. & Imp. 44s. ‘
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo., J.. N. ¥., R. 1, Vt. and
Wis. : . wg
Listed on the New York Stock Exchange.
: Market... | tase
. -New York—Coffin & Co., Sutro. Bros. & Co.,
Blodget & Co., Ladd & Wood, Didrichsen & Co.,
Low, Dixon & Co., Ambrose: R. Clark, Pyne,
Kendall & Hollister, Struthers. & Hiscoe;. Wood,
Struthers & Co., Seasongood & Haas, Callaway,
Fish & Co., Remick, Hodges & Co.
Philadelphia—Chas. Fearon & Coa.
Boston—Wm. A. Read & Co.
Hartford—Roy P. Crary.
M4
ST. PAUL & SIOUX CITY RAILROAD. CO.
1st 6s. Due April 1, 1919.—N.
See Map 25. 2H ol ;
Dated July 1, 1879. Interest payable April
and Oct. 1, at Company’s office, 111 Broadway,
New York.
Authorized—$7,000,000.
Outstanding—$6,070,000.
Denomination—Coupon, $1,000.
as to principal. .
Trustee—Central Trust Co., New York. -
Consolidated in 1880 with the Chicago, St.
Paul, Minneapolis & Omaha Ry. Co. ‘i
Assumed by the Chicago, St. Paul, Minneapolis
& Omaha Ry. Co. which is controlled by the
Chicago & Northwestern Ry. Co. 7
Secured by a:first mortgage on (16) 611 miles of
road from St. ‘Paul, Minn. to Le Mars, Ia.,) Lake
Crystal to Elmore, Minn., Heron Lake to Pipe-
stone, Minn., Trent near Worthington, Minn. to
Salem, S. D., Luverne, Minn., to Doony,: Ia.,
Ponca via Sioux City to Omaha, Neb, ‘and
branches. This road includes the. only.Dated December 1, 1912. Interest payable
June 1 and December 1, at Continental & Com-
mercial Trust & Savings Bank, Chicago.
Authorized—$3,000,000.
Outstanding—$245,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Continental & Commercial Trust &
Savings Bank and Frank H. Jones, Chicago.
Redeemable at 101 and interest.
Organization and Control—See 1st 5s above.
Security—A direct obligation of the company
but, not. secured by a mortgage. The company
covenants not to place any additional mortgage
on the property now owned without equally
securing these bonds with any bonds to be issued
under such mortgage.
Property and Earnings—See lst 5s above.
Original Market—First offered by William P.
Bonbright & Co., New York. Offered in March,
1915, by H. M. Byllesby & Co., Chicago and New
York, at 98 and interest.
Market.
New York—H. M. Byllesby & Co.
Chicago—H. M. Byllesby & Co.
SAN _DIEGO (CAL.) CONSOLIDATED GAS &
FEEGEBIC CO. Ist 5s. Due March 1, 1939.
Tax exempt in California.
Dated March 1,1909. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$6,000,000.
~ Outstanding—$4,266,000.
Registerable
749
Denomination—Coupon, $1,000.
as to principal.
Trustees—Harris Trust & Savings Bank
eeaees and Los Angeles Trust Co., Los Angeles,
Registerable
Redeemable at 105 and interest on March 1,
1914, or on any interest date thereafter.
Depreciation and Renewal Fund—3% _ per
annum of the outstanding bonds from 1910 to
1914, inclusive, and 5% from 1915 to 1938,
inclusive, to be applied to replacements and
renewals of the plants and properties.
Organization and Control—Incorporated in
California in 1905. Controlled by the Standard
Gas & Electric Co. through ownership of a
majority of the $2,715,000 stock.
Secured by a first mortgage on gas and elec-
trie generating plants and comprehensive dis-
tributing systems, supplying San Diego, Coronado
Beach, National City, and vicinity. Population
served, 94,800. Franchise expires in 1947.
In March, 1915, the company closed a five-
year contract with the city for street lighting,
the gross receipts from’ which will amount to
$18,900 per annum.
Underlies—$245,000 Debentures.
Net Earnings, 12/31/14.......... $668,972
Interest. sc3 i. eves g24 o hea s seas 235,273
Legal for Cal.
Original Market—$1,650,000 offered in April,
1909, at 98 by N. W. Harris & Co., New York,
and Harris Trust & Savings Bank, Chicago, also
ao by the same bankers in Dec., 1912, at
Market.
New York—Harris, Forbes & Co., Wm. R.
Compton Co., Low, Dixon & Co., Rauscher &
Childress, Coffin & Co., Byrne & McDonnell,
Gude, Winmill & Co., H. M. Byllesby & Co.,
John D. Curtis & Co. ;
Chicago—Wm. R. Compton Co., Harris
Trust & Savings Bank, Stanwood, Taylor & Co.,
Ames, Emerich & Co. H. M. Byllesby & Co.
Boston—N. W. Harris & Co., W. L. Raymond
& Co., L. Sherman Adams, F. B. Bassett & Co.
Providence—Miller & George.
Los Angeles—Perrin, Drake & Riley.
Baltimore—Poe & Davies. a
San Francisco—Byrne & McDonnell.
SAN FRANCISCO & NORTH PACIFIC RAIL-
: war CO. ist S. F. 5s. Due Jan. 1, 1919.
Dated January 1, 1889. Interest payable
Jan. and July 1, at 46 Wall St., New York,
Frankfort-on-the-Main, Germany and Amster-
dam, Holland. .
Authorized—$25,000 per mile.
Outstanding—$3,693,000. (Closed mortgage).
Retired by Sinking Fund—$187,000.
Denomination—Coupon, $1,000. . Registerable
as to principal. '
Trustee—Bankers’ Trust Co., New York.
: Sinking Fund—$25,000 annually for the pur-
chase of these bonds at not exceeding 110 and
interest. L
Control—Absorbed by the Northwestern Paci-
fic R. R. Co., which is controlled by the Atchison,
Topeka & Santa Fe Ry. Co. and Southern Pacific
Co., each company owning one-half of the $35,-
000,000 stock. : ; 7
Secured by a first mortgage on 163 miles of
road from Tiburon to Ukiah, Cal., Ignacio to
Glen Ellen, Cal., and Fulton to Monte Rio,
Cal. This road forms part of what will event-
ually be a through line to northern California
coast pots, and is the only road serving a
iarge area in Western California, North of San
Francisco. These bonds are outstanding at
the rate of $22,600 per mile. 7
Underlies—$17,639,000 Northwestern Pacific
1st & Ref. 414s of 1957, all owned by the’ Sou.
Pac. Co. for the retirement of this issue. Bonds
are reserved under that mortgage. |‘ ;
Net Earnings, 6/30/14........... $855,334
Interest, ete. ....... 00: e cee ee ae 621,854
Legal for California.
Listed on the New noe Stock Exchange.
arket. — Bd a
New York—Sutro Bros. & Co., E. Bunge & Co.,
Pouch & Co., Byrne & McDonnell, Seasongood
& Haas, Struthers & Hiscoe, Harvey Fisk & Co.,
L. M. Prince & Co., Boissevain & Co., Jacobson
& Friedman. —
San Francisco—Sutro & Co., Byrne & Mc-
Donnell.
SAN FRANCISCO & SAN JOAQUIN VALLEY
RAILWAY CO. Ist 5s. Due Oct. 1, 1940.
See Map 1. %
Dated October 1, 1896. Interest . payable
April and Oct. 1, at the Company’s office, 5
Nassau Street, New York. . :
Authorized and Outstanding—$6,000,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable for sinking fund beginning Jan. 1,
1916, at 110.
Sinking Fund—From 1916 to 1921, 1% of net
profits per annum; 2% per annum to 1926; 3%
per annum to 1931; 4%, per annum to 1936, and
5% per annum thereafter, to be applied to the
retirement of these bonds at not exceeding 110
and interest.
Control—Absorbed by Atchison, Topeka &
Santa Fe Ry. Co. .
Secured by a first mortgage on (1) 375 miles of
road from Kern Jct. to Ferry Point, Cal., opposite
to San Francisco, and branch. This line affords
the Atchison, Topeka & Santa Fe Ry. Co. an
entrance into San Francisco; and other cities in
Central California. These bonds are outstand-
ing at the rate of $16,000 per mile.
Underlies—$260,000,000 Atchison, Topeka &
Santa Fe Gen. 4s of 1995; Adjmt. 4s of 1995 and
Convertible Debentures.
Listed on the San Francisco Stock & Bond Ex-
change.
._ Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., N. H., N. J., N. Y., R. I., Vt. and
Wis.
Market.
New York—Blodget & Co., Sutro Bros. & Co.,
Struthers & Hiscoe, Wood, Struthers & Co.,
Byrne & McDonnell, Didrichsen & Co, Peck,
Rasmus & Truesdale.
Watts & Co.,
Baltimore—Baker,
Whedbee & Poe, Robt. Garrett & Sons.
San Francisco—Sutro & Co., Byrne & Mc-
Donnell.
Jenkins,
SAN FRANCISCO ELECTRIC RAILWAYS
Ist 5s. Due Jan. 1, 1932.
Dated July 1, 1909. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$1,416,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., San Francisco, Ca}.
: Sane Fund—There is a cumulative sinking
‘und.
Guaranteed principal and interest by United
R. R. of San Francisco. .
Organization and Control—Incorporated in
California in 1909. Owns $10,000,000 stock of
the United R. Rs. of San Francisco. All of the
stock of the S. F. El. Rys. Co. is owned by the
California Ry. & Pr. Co., a subsidiary of the
United Rys. Investment Co. The property is
leased to the United R. Rs. of S. F. for interest
on bonds.
Secured by a first mortgage on property and
franchises formerly of the Park Side Electric
Ry. and the Visitacion Valley Electric Ry. in
San Francisco, Cal.
750
RAVE 36-9) oe weeeeeee ee $8,559,768
Interest, rentals etc........ ae. 2,036,518
Market.
New York—E. F. Hutton & Co.
SAN FRANCISCO GAS & ELECTRIC CO. Gen.
4\%s. Due Nov. 1, 1933.—F.
Tax exempt in California.
Dated Nov. 1, 1903. Interest payable May
and Nov. 1, at Harris, Forbes & Co., New York:
Harris Trust & Savings Bank, Chicago, or N. W.
Harris & Co., Boston. :
Authorized—$10,000,000.
Outstanding—$7,137,000.
- Retired by Sinking Funds—$900,000.
Held alive in Sinking Funds—$219,000.
Retired and Deposited under P. G. & E. Gen.
Mtge.—$100,000.
Denomination—Coupon, ‘$1,000.
as to principal or fully registerable.
Trustee—Union Trust Co. of San Francisco.
Redeemable at 105 and interest’ for sinking
fund only. Bonds numbered from 1 to 4000 in-
elusive only are callable.
Sinking Fund of $105,000 annually to retire
$100,000 of these bonds at 105 and interest.
Organization and Control—Incorporated in
California in 1896. Practically the entire cap-
ital stock is owned by the Pacific Gas & El. Co.
Secured by a first mortgage on both the gas
and electric generating plants and five of the
electric sub-stations, together with a large por-
tion of the company’s distributing systems, and
a general mortgage on the remaining property
of the company. These plants supply gas and
electricity in San Francisco, Cal., and include a
steam plant with a present rated capacity of
about 62,000 h. p., seven sub-stations, all of fire-
proof construction, and oil and water gas plants
with a total daily capacity of 12,600,000 cubic
feet, 'with ten holders with a total capacity of
12,500,000 cubic feet. The company has a total
of 625 miles of gas’ mains serving all sections of
the city Population served, 500,000. Fran-
chises perpetual. The company has competition
in the electric business.
Prior Liens—$2,850,000 bonds of absorbed
companies.
Refunding—Bonds are reserved under the
Pac. Gas & Elec. Gen. & Refg. mortgage to retire
this issue.
Net Earnings (P. G. & E. Co.),
12/31/14..... roveians oiauch Sasa eans sa $8,306,582
Interestinccac ¢ eaicscatecwmea ist es 4,191,401
Legal for California. : :
Original Market—Offered in 1911, by Harris,
Forbes & Co., New York, Harris Trust & Savings
Bank, Chicago, and N. W. Harris & Co., Boston,
at 94 and interest.
Market.
New York—Harris, Forbes & Co., E. & C.
Randolph, Byrne & McDonnell, Bigelow & Co.,
E. F. Hutton & Co., Gude, Winmill & Ca., S. L.
Snowden. P
. Philadelphia—Chas. C. Harrison, Jr., & Co.
Henry & West, Frazier & Co. _ 7
Chicago—Harris Trust & Savings Bank, The
Northern Trust Co. r
Boston—N. W. Harris & Co., Merrill, Oldham
& Co., F. B. Bassett & Co. ‘
St. Louis—Francis Bro. & Co. ’
Baltimore—Stein Bros. i :
_Milwaukee—First Savings & Trust Co.
San Francisco—Byrne & McDonnell.
SAN FRANCISCO, NAPA & CALISTOGA
Faway CO. 1st S. F. 6s. Due Dec. 1,
36
Dated Nov. 20, 1911. Interest payable June
and Dec. 1, at Trustee’s office or E. H. Rollins &
Sons, New York. Hoe
Authorized—$1,000,000.
Outstanding—$600,000.
Registerable
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
Trustee—Mercantile Trust Co., San Francisco,
al.
é Redeemable at 105 and interest any interest
ate.
Sinking Fund—Annually beginning 1914, 1%
of outstanding bonds to be applied to the pur-
chase or redemption of these bonds at not to
exceed 105 and interest. Bonds so acquired to
be held alive and interest added to this fund.
Organization—Incorporated in California in
Secured by a first mortgage on 36 miles of
electric railway from Calistoga to Vallejo., Cal.,
where it connects with steamers for San Fran-
cisco. Population served, 20,000; 21 miles are
on private right of way. Franchises elsewhere
expire-in 1952 or latet. The company purchases
power from the Great Western Power Co.
Underlies—$610,000 Income Debentures.
Net Earnings, 6/30/14.......... ', $78,907
Original Market—$600,000 offered, Dec., 1911,
by E. H. Rollins & Sons, Boston and New York,
at 102 and interest.
Market.
e aor York—E. H. Rollins & Sons, E. F. Hutton
‘0.
San Francisco—E. H. Rollins & Sons.
SAN FRANCISCO, OAKLAND & SAN JOSE
CONSOLIDATED RAILWAY CO. Gen.
Cons. S. F. 5s. Due May 19, 1938.—N.
Dated May 19, 1908. Interest payable May
and Nov. 19, at company’s office, Oakland, Cal.
Authorized—$7,500,000.
Outstanding—$1,587,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Trust Co., San Francisco, Cal.
Redeemable at 1024 and interest on any in-
terest date, ; i
_, Sinking Fund commences May 19, 1915, which
it is estimated will, retire $4,345,000 of these
bonds before maturity. Annual payments in-
crease from $35,000 in 1915 to $400,000 in 1937
for the purchase or redemption of bonds at not
over a 4% basis. ;
Assumed by the San Francisco-Oakland Ter-
minal Rys. Co. "
Organization—Incorporated in California in
1908 as a consolidation.
Control—In March, 1912, the properties of
this comipany were taken over by the San Fran-
cisco-Terminal Rys. Co.
Secured by a mortgage on about 17 miles of
street railway track in Oakland and interurban
extensions from that city; also on five ferry
boats connecting railway at Oakland with San
Francisco and including piers, ete. Franchises
expire in 1951 and 1960.
Prior Liens—$3,000,000 San Francisco,’ Oak-
land & San Jose Ry. 1st 5s of 1933 and $1,500,-.
000 2nd 5s of 1933, for the retirement’ of which
bonds are reserved under this mortgage.
Net Earnings, 6/30/14......... $1,472,842 ©
ANCOR OSGi. ciilowie een paises ad Mew aaa 1,057,500
Legal for Cal. :
Listed on the San Francisco Stock & Bonds
Exchange. t
Original Market—$1,500,000 offered in 1912,
by Smith-Tevis-Hanford Co. (now Tevis-Han-
ford & Co.), New York, at 93}4 and interest.
'_ Market.
New York—E. F. Hutton & Co. - :
Baltimore—Sutton & Co.’
SAN FRANCISCO TERMINAL Ist 4s. Due
Apr. 1, 1950. :
See Southern Pacific Co., San Francisco Ter-
minal 4s. - e
Registerable
SAN_JOAQUIN LIGHT & POWER CO. Ist 5s
Due June 1, 1945.—N. a :
“751
Dated 1905. Interest payable June and Dec.
1, at Union Trust Co., San Francisco, Cal., and
N.-W. Halsey & Co., New York.
Authorized—$3,000,000.
Outstanding—$2,720,000 (Closed mortgage).
Retired by Sinking Fund—$146,000.
Denomination—Coupon, $1,000.
Trustee—Union Trust Co., San Francisco, Cal.
Redeemable at 110 and interest...
Sinking Fund—June 1, 1910, to 1919, 14%
per annum of outstanding bonds; 1920 to 1940,
Cintrol—Ktorbed by San Joaquin Lt. & Pr.
orp.
Secured by a mortgage.on hydro-electric
plants, steam generating plants and gas plants
in Bakersfield and Kern, Cal., and other towns
in the vicinity and street railway lines in Bakers-
field and Kern. The transmission lines embrace
500 miles of line and the distribution system in-
cludes some 400 miles and 20 substations. Fran-
chises in cities are perpetual, elsewhere extend
Devoud. life of bonds. Population served,
190,000.
Prior Liens—$338,000 bonds o1 absorbed com-
panies.
. Underlies—$5,180,000 San Joaquin Lt. & Pr.
Corp. 5s and notes.
Net Earnings (S. J. Lt. & Pr.
Corp.), 12/31/14............ $1,144,860
s Anterest,. C66 is sia a din enee aes enciiee’s 483,090
WTS ISSUG je. peice 0 doaunesh ec usmearebe 200,590
. Market.
New York—N. W. Halsey & Co., Byrne &
MeDounell, E. F. Hutton & Co., John D. Curtis
& Co.
Boston—Merrill, Oldham & Co.
Providence—John C. Hume & Co.
Philadelphia—S. K. Phillips.
San Francisco—Sutro & Co., N. W. Halsey &
Co..
SAN JOAQUIN LIGHT & POWER CORPORA-
TION ist & Ref. S. F. Series ‘‘A” 6s and
Series ‘‘B” 5s. Due Aug. 1, 1950.—F.
Dated August 1, 1910. Interest payable Feb.
and Aug. 1, at New York.
Authorized—$25,000,000. 7 ;
Outstanding—$4,270,000: Series ‘“‘A” $1,500,-
000; Series “B” $1,401,000. :
Deposit as Collateral—$1,273,000 Series “‘B.”
Held in Treasury—$250,000 Series ‘‘B.” ;
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C..& R.
interchangeable. :
Trusteee—Equitable Trust Co., New York.
Redeemable—Series “A” at 102% and inter-
est and Series “B’’ at 105 and interest, on any
interest date.
; Sinking Fund—$100,000 on Aug. 1, 1915,
$145,000 per annum from 1916 to 1919 inclusive,
$150,000 from 1919 to 1924 inclusive, 234% of
outstanding bonds annually from 1925 to. 1929;
3% to 1984; 314% to 1939; 4% to 1944 and
414% thereafter. One-half of the payments
may be applied to additions and the remainder
to the retirement of Series ‘‘A’’ bonds if they
can be purchased at not exceeding 1024 and
interest; and if not to Series “‘B” bonds at not
exceeding 105 and interest. 2 7
Organization—Incorporated in Cal, in 1910.
Secured by a general mortgage on Property
described under S. J. Lt. & Pr. Co. 1st 5s above.
Prior Liens—$3,000,000 bonds of absorbed
companies.
Underlies—$909,000 collateral notes.
Net Earnings, 12/31/14 $1,144,860
Interest, etc. ........... jeg as 483,900
Original Market—Offered in 1910, Series ‘‘A,”
by N. W. Halsey & Co., New York, Chicago,
etc., at 101 and interest and in 1911, Series “‘B,’”’
at 93 and interest.
Market. i
Chicago—Stanwood, Taylor & Co., E. T.
152
Konsberg & Co., N. W..Halsey & Go., Fort
Dearborn Trust & Savings Bank. Keo
New York—N,. W. Halsey & Co., Foster &
Adams, Berdell Bros., Byrne & McDonnell,
E. F. Hutton & Co., H. D. Robbins, Gude, Win-
mill & Co.
Philadelphia—S, K. Phillips..
St. Louis—John Nickerson, Jr. .
4 San Francisco—Sutro & Co., N. W. Halsey &
0.
(THE) SANDUSKY, FREMONT & SOUTH-
ts Eee CO. Ist 5s. Due July 1,
Dated July_1, 1906. Interest payable Jan.
and July 1, at First National Bank, New York or
Trustee’s office. Be hes
Authorized—$2,000,000.
Outstanding—$645,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—The Citizens’ Trust & Savings Bank,
Cleveland, Ohio. :
Organization and Control—Incorporated in
Ohio in 1906. All of the stock is owned by the
Lake Shore Electric Ry. Co. p
Guaranteed principal and interest,. by the
Lake Shore Electric Ry. Co. by endorsement.
Secured by a first mortgage on 20 miles of
electric road from Sandusky to Fremont, Ohio.
road forms a part of one of the routes be-
Registerable
tween Cleveland and Toledo and Detroit. It is
built on private right of way. Population
served, 35,000.
Net Earnings, 12/31/14........... $25,298
Interest......... se Sovern stea doit sis ‘ 32,500
Surplus-Lake Shore Elec. Ry. Co.,
12/81/18... ssocere sins faivehaoh ¢, oSe-raavee a 111,845
Original Market—Offered in 1912, by Law-
rence Barnum & Co., at 9134 and interest.
. Market.
New York—W. E. Hutton & Co., F. H. Hatch
& Co., Lawrence Barnum & Co., Bigelow & Co.,
Dewing & Co., Leonard Snider & Co., C. D
Barney & Co.
Chicago—Hulburd, Warren & Chandler.
Boston—L. Sherman Adams.
Albany—John J. Hart.
SANDUSKY GAS & ELECTRIC CO. 1st 5s.
Due May 1, 1929.—N.
Dated May 1, 1899. Interest payable May
and Nov. 1, at Guaranty Trust Co., New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon and Registered, $1,000.
Management—W. S. Barstow & Co.
_ Secured by a first mortgage on plants supply-
ing natural gas and electricity in Sandusky,
Ohio. Population served, 20,000. Gas is pur-
chased from the Logan Natural Gas & Fuel Co.
Net Earnings, 12/31/14 . $102,411
Interest........ ‘eis Ec8a tah fe agave 5,067
Original Market—Offered by Charles D.
Barney & Co., Philadelphia, at par and interest,
May, 1899.
~...... .. Market... “
Philadelphia—Chas. J. Bender & Co., C. D.
Barney & Co., S. K. Phillips, Reed & Huntoon.
Boston—H. L. Nason & Co.
SANDY RIVER & RANGELEY LAKES RAIL-
ROAD Ist 4s. Due Feb. 1, 1928.—F.
See Map 10.
Dated Feb. 1, 1908. Interest payable Feb.
and Aug. 1, at First National Bank, Boston,
Mass., and Maine Trust & Banking Co., Gar-
diner, Me.
Authorized—$1,000,000.
Outstanding—$837,000
Maine Central R. R. Co.)..
Denomination—Coupon, $1,000. ‘
Trustee—Maine Trust & Banking Co., Gardi-
ner, Me.
Redeemable on any interest date.
($232,000 owned by
Organization and Control—Incorporated in
Maine in 1908. All of the stock is owned by
the Maine Central R. R. Co., but the road is
operated separately.
Secured by a first mortgage on (15) 105 miles of
railroad from Farmington to Marbles and Strong
to Bigelow and other branches, all in Maine.
These bonds are outstanding at’ the rate of
$8,400 per mile.
Net Earnings, 6/30/14 .. $40,201
Interest 5,268
Mar
Portland, Me.—C. H.
0.
k
Gilman, Fidelity Trust
SANFORD & ST. PETERSBURG RAILROAD
CO. ist 4s. Due Jan. 1, 1924.—F.
See Map 3.
Dated January 15, 1894. Interest payable
Jan. and July 1, at United States Trust Co.,
New York. Interest reduced from 5% in 1897.
Authorized—$1,000,000.
Outstanding—$275,000 (Closed mortgage).
Exchanged for A. C. L. Cons. 4s and deposited
with Trustee of that mortgage—$500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia, Pa.
(Control—Mérged into the Atlantic Coast Line
. R. Co. 3
Assumed by the Atlantic Coast Line R. R. Co.
“Secured by a first mortgage on (5) 145 miles of
road from Sanford to St. Petersburg Wharf, on
Tampa Bay. These bonds are outstanding at
the rate of $5,200 per mile. ‘
Underlies—$81,000,000 Atlantic Coast Line
Cons. 4s of 1952, the Unified 4s of 1959 and
debentures. Bonds are reserved under the
Gen. & Unif. Mortgage to retire this issue.
Legal for Balt., Cal., Conn., Fla., Minn., N.
. aD
Market.
New York—Wolff &' Stanley, Spencer Trask
0.
Baltimore—Jenkins, Whedbee & Poe.
SANTA BARBARA GAS & ELECTRIC CO.
1st 6s. Due July 1, 1941.—F,
Dated July 1, 1911. Interest
and July 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$666,500.
Denomination—Coupon, $1,000, $500, $100.
Registerable as to principal. 7
Trustee—Los Angeles Trust & Savings Bank,
Los Angeles.
Redeemable at 105 and
interest date.
. Improvement. and Sinking Fund—1% of
” outstanding bonds annually, beginning July 1,
1918, to retire bonds, and 1% of outstanding
bonds annually, to be expended on permanent
extensions or additions to the property on
account of which no bonds shall be issued, or for
the retirement of outstanding bonds. :
Organization and Control—Incorporated in
California in 1909. Controlled by the Southern
California Edison Co. through ownership of all
the preferred and $336,500 of the $400,900 com-
mon stock.
_ Secured by a first mortgage on plants supply-
ing gas and electricity in Santa Barbara, Cal.
Also supplies electricity to suburbs, and to the
: payable Jan.
interest on any
street railway. Population served, 15,000.
Franchises are perpetual.
Net Earnings 12/31/13.......... $108,744
Interest........ Sheieetas ren 43,046
Original Market—$600,000 offered in June,
1911, by E. H. Rollins & Sons, New York, Boston,
ete., at 101 and interest.
Market.
& acane Union Trust Co., Stanwood, Taylor
0.
ie nor York—E. H. Rollins & Sons, E. F. Hutton
oO.
San Francisco—E. H. Rollins & Sons.
SANTA CECILIA SUGAR CO. Ist 6s.
Feb. 1, 1925.—F. a
Dated Feb. 1, 1905. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding—$747,000.
Held in Treasury—$753,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 102% and interest.
Sinking Fund—$76,785 per annum.
Organization—Incorporated in Maine in 1904.
Secured by a first mortgage on 10,650 acres of
sugar cane land, 1,395 acres of pasture, and
factory, electric plant and narrow gauge railway,
all located in District of Guantanamo, Oriente
Province, Cuba. Annual capacity, 20,000,000
bs.
Net Earnings, 6/30/14 $173,063
Interest, ete -
New York—J. K. Rice, Jr., & Co., Gilbert
Eliott & Co., A. E. Fitkin & Co.
Due
‘SANTA FE, PRESCOTT & PHOENIX RAIL-
WAY CO. lst 5s. Due Sept. 1, 1942.—N.
See Map 1.
758
Dated September 1, 1892. Interest payable
March and Sept. 1, at Trustee’s office, New York.
Authorized—$5,000,000.
Outstanding—$4,940,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Control—Merged into the California, Arizona
& Santa Fe Ry. Co., of which company the
Atchison, Topeka & Santa Fe Ry.owns all the
capital stock. .
Secured by a first mortgage on (2) 195 miles of
road from Ash Fork to Phoenix, Ariz. This road
affords the A. T. & S. Fe. Ry. an entrance into an
important copper mining region. These bonds
are outstanding at the rate $25,300 per mile.
The A. T. & S. Fe. Ry. Co. covenants to pay
to the trustee 5% per annum of the gross earn-
ings of its system derived from the interchange of
traffic between this road and its other lines.
Underlies—$18,300,000 Atchison, Topeka &
Santa Fe Ry.—California-Arizona Lines 1st &
Ref. 44s, under which mortgage bonds are
reserved for the retirement of this issue. This
mortgage is a direct obligation of the A., T.&S.
F. Ry. Co.
Listed on the New York Stock Exchange.
Market. .
New York— Wolff & Stanley, Kissel, Kinnicutt
& Co., Struthers & Hiscoe, Wood, Struthers,
& Co., Didrichsen & Co., Korn, Lehman & Co.,
Effingham Lawrence & Co, L._M. Prince & Co.,
Ambrose R. Clark, Gilman & Clucas, Peck, Ras-
mus & Truesdale, Whittemore, Pell & Co., Red-
mond & Co.
SANTIAGO ELECTRIC LIGHT &
TRACTION CO. Ist 6s. Due Jan. 1, 1959.
—N.
Dated Jan. 1, 1909. Interest payable Jan. and
July 1, at Trustee's office.
Authorized—$2,500,000.
Outstanding—$2,000,000.
Denomination—Coupon, $500.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest on and after
Jan. 1, 1919.
Sinking Fund—$18,420 per annum, plus int-
erest on bonds redeemed beginning March 1,
1919, to be applied to the purchse or redemption
of these bonds at not exceeding 105 and interest.
(CUBA)
Registerable
Secured by a first mortgage on 11 miles of
street railway in Santiago, Cuba, and plant
supplying that city with electricity. Population
served, 55, Electricity franchise is per-
petual, railway franchise expires in 1969.
Net Earnings, 12/31/13. ........ $216,303
Triter ents niivsys cc sosgeisaia a das, torn seas 120,000
_ Original Market—Offered in 1912 at 9814 and
interest by the Royal Securities Corporation,
Toronto, and Speyer & Co., and Lawrence
Turnure & Co., New York. ~
Market.
New York—Keane, Zayas & Potts, Slattery &
Co., Lawrence, Turnure & Co.
Montreal—Royal Securities Corp.
SAO PAULO TRAMWAY LIGHT & POWER
O., LTD., lst 5s. Due June 1, 1929.—N.
Dated Dec. 1, 1900. Interest payable June
and Dec. 1, at Canadian Bank of Commerce,
London and New York or at Trustee’s office.
Authorized and Outstanding—$6,000,000.
Denomination—Coupon, $500 or £102-14-10.
Registerable as to principal. :
Trustee—National Trust Co., Toronto, Can.
Organization and Control—Incorporated in
Ontario in 1899. Practically the entire capital
atock is owned by the Brazilian Traction, Light
& Power Co.. .
Secured by a first mortgage on 126 miles of
street railway track in Sao Paulo, Brazil, and on
distribution system supplying electricity in that
city, which is 180 miles from Rio de Janeiro.
Population served, 450,000. Street railway
franchise expires in 1941. oe
*Net Earnings, 12/31/11....... $2,320,786
Interest, ete..............0005 543,152
*Earnings now reported with Brazilian T.,
L. & P. Co.
Listed on the London, Montreal and Toronto
Stock Exchanges.
Market.
co New York—L. M. Prince & Co., Slattery &
0.
SAPULPA ELECTRIC CO. 1st6s. Due Nov. 1,
1934.—F.
Dated, 1909. Interest payable May and Nov.
1, at Colonial Trust Co., Philadelphia.
Authorized—$150,000.
Outstanding—$140,000.
Retired by Sinking Fund—¥#10,000. :
Denomination—Coupon, $500. Registerable
as to principal. _ :
Trustee—Colonial Trust Co., Philadelphia.
‘Redeemable on any interest date at 102 and
interest.
Sinking Fund—$2,000 bonds to be retired
annually from 1910 to 1914; $4,000, 1914 to
1919; $6,000, 1920 to 1924; $8,000, 1925 to
1929 and $10,000, 1930 to 1934.
Organization and Control—Incorporated in
Oklahoma in 1909. All of the stock is owned by
the Muskogee Gas & Electric Co.
Secured by a first mortgage on plant supplying
electricity to Sapulpa, Okla. Population served
9,000. Franchise expires in 1936.
Net Earnings, 12/31/14........... $26,979
Interest..... ea ee oan cs co Radon eis ek 48 13,185
: Market. |
Cincinnati—Geo. Koehler & Co.
Detroit—First and Old Detroit National Bank.
Chicago—H. M. Byllesby & Co. ;
New York—H. M. Byllesby & Co.
MARIE & SOUTHWESTERN
SAULT STE.
RAILWAY CO. ist 5s. Due Nov. 1, 1915.
See Map 26.
Dated Nov. 1, 1890., Interest payable May
and Nov. 1, at Company’s office, 111 Broadway,
New York.
Authorized—$400,000.
Outstanding—$350,000.
Held in Treasury—$50,000.
Denomination—Coupon, $1,000.
Trustee—Farmers’ Loan & Trust Co., New
York.
Control—Consolidated in 1893 with the Chica-
go, St. Paul, Minneapolis & Omaha Ry. Co.
Assumed by the Chicago, St. Paul, Minneapolis
& Omaha Ry. Co.
Secured by a first mortgage on (17) 87 miles of
road from Fairchild to Mondovi, Wis. These
panes are outstanding at the rate of $9,500 per
mule.
Underlies—$30,000,000_ Chicago, St. Paul,
Minneapolis & Omaha Cons. 68 & 3}4s, and
Debentures. Bonds are reserved under the
Consolidated_mortgage to retire this issue.
Legal for Balt., Conn., Me., Mich., Minn.,
N. H., N.J., N. Y., R. I. and Wis.
Market. —
New York—Coffin & Co.
SAULT STE. MARIE BRIDGE CO. Ist 5s.
Due July 1, 1937.—F.
Dated July.1, 1887. Interest payable Jan.
and July.1, at office of G. H. Church, 55 Wall St.
New York.
Authorized—$900,000.
Outstanding—$621,000.
Held in Sinking Fund—$279,000.
Denomination—Coupon, $1,000.
as to principal. :
Redeemable for the sinking fund at 110 and
interest. Suh : .
Organization and Control—Incorporated, in
Ontario and Michigan in 1887, Controlled by
the Canadian Pacific Ry. Co., and its subsidiaries.
The company has an agreement. with the Cana-
dian Pacific Ry. Co., Minneapolis, St. Paul &
Sault Ste. Marie Ry. Co., and Duluth,. South
Shore & Atlantic Ry. Co., by the terms of which
these companies pay a sum expenses, interest
and sinking fund for using the bridge.
, Secured by a first. mortgage on the railroad
bridge at Sault Ste. Marie, used by the Canadian
Pacific, Duluth, South. Shore & Atlantic and
Minneapolis, St. Paul & Sault Ste. Marie Ry.
companies. This bridge furnishes the eastern
connection between the Canadian Pacific Ry.
and its controlled lines in the United States.
These companies pay as rental operating expenses
and interest and sinking fund on the bonds.
Market. 5
New York—J. H. Becker & Co.
Registerable
SAVANNAH & NORTHWESTERN RAILWAY
CO. Col. Trust Conv. 6% Notes. Due Aug.
1, 1915.
See Map 91.
Dated Aug. 1, 1913. Interest payable Feb.
and Aug. 1 at Trustee’s office. :
Authorized—$1,250,000.
Outstanding—$1,000,000.
Denomination—Coupon, $100,$500 and $1,000.
Trustee—Equitable Trust Co., New York.
Redeemable on any interest date at 102 and
interest.
| Convertible at maturity into 1st & Refg. 6%
bonds, these notes being accepted at par in
exchange for bonds at 95. ©
Organization—Formerly the Brinson ‘Ry.
Secured by a first lien on $1,250,000 Ist &
Refg. Mtge. 6% bonds. These bonds are se-
cured by a second mortgage on valuable terminal
in and around Savannah, Ga., and on (6) 110
miles of road from Savannah to St. Clair, subject
to a prior lien at the rate of $7,800 per mile.
The company has trackage rights over 16 miles
of road from St. Clair to Augusta, Ga.
Prior Lien—$865,000 Brinson Ry. 1st 5s.
Deficit, 6/30/14... caves $2,887:
Interest seeeeess 102,008
Original Market—Offered in’ Aug., 1914, by
, William Morris, Imbrie & Co., at 99 and interest.
754
SAVANNAH & STATESBORO RAILWAY CO.
1st 5s. Due Jan. 1, 1953.—F.
pee Map 115.
ated Jan. 1, 1903. Interest payable Jan.
and July 1, at Trustee’s office. fon
Authorized—$500,000.
Outstanding—$185,000.
Denomination—Coupon, $1,000.
may be registered.
Trustee—Savannah Trust Co., Savannah.
4 padeemable at 110 and interest on any interest
late. ;
Organization and Control—lIncorporated in
Georgia in 1897. Operates 39 miles from
Statesboro to Stevens Crossing, Ga., under an
agreement with the owner of the Savannah,
Augusta & Nor. Ry. paying 30% of gross earn-
ings as rental. The company has a _ traffic
contract with the Seaboard Air Line Ry. Co.
Guaranteed principal and interest by the Sea-
board Air Line Ry. by endorsement.
Secured by a first mortgage on (5) 33 miles of
road from Cuyler to Statesboro, Ga. These
Bonde are outstanding at the rate of $3,000 per
mile.
Principal
Net Earnings, 6/30/14............ $14,628
Interest... 00. cece eee 10,066
Legal for California.
: Market.
New York—F. J. Lisman & Co., Bigelow & Co.,
Berdell Bros., Gilman & Clucas.
Baltimore—Townsend Scott & Co.
SAVANNAH ELECTRIC CO. Ist Cons. 5s.
“ Due Jan. 1, 1952.—F.
’ Dated Jan. 1, 1902. Interest payable Jan. 1
and July 1, at Trustee’s office. — :
_Authorized—$3,500,000.
* Outstanding—$2,147,000.
Denomination—Coupon,
Registerable as to principal.
stee—American Trust Co., Boston.
< Redeemable at 110 and interest any interest
ate. : i
Improvement and Sinking Fund—$20,000 per
annum to be used for extensions, improvements or
for the purchase of these bonds. :
_ Organization and Management—lIncorporated
in Georgia in 1901. Operated under the manage-
ment of Stone & Webster.
Secured by a first mortgage on about 40 miles
of street railway track in Savannah, Ga., and the
plant supplying that city with electricity, and a
second mortgage on 19 miles of interurban line
extending into the suburbs. Fopulation. served,
70,000. Franchises are perpetual.
Prior Liens—$1,000,000 Savannah, Thunder-
bolt & Isle of Hope Ry. Co. 4s of 1947.
Net Earnings, 12/31/14.......... $289,652
Interest, G06. ois enss eee oeev Rie >
Listed on the Boston and Louisville Stock
Exchanges. :
Market.
Boston—L. Sherman Adams, Stone & Webster,
Walter S. Place, Perey G. Crocker.
New York—J. H. Becker & Co.
SAVANNAH, FLORIDA & WESTERN RAIL-
as CO. 1st 5s and 6s. Due April 1, 1934.
See Map 3. : ,
Dated April 1, 1884. Interest payable April
and Get: 1, at United States Trust Co., New
ork.
Authorized—$6,500,000.
Outstanding—$4,056,000, 68; $2,444,000, 5s.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—Metropolitan Trust Co., New York.
Control—Consolidated into the Atlantic Coast
ine R. R. Co. in 1902. 7 :
Assumed by the Atlantic Coast Line R. R. Co.
Secured by a first mortgage on (1) 547 miles of
toad from Savannah, Ga., via Waycross, Ga., to
$500 and $1,000.
755
Jacksonville, Fla. Waycross to Bainbridge, Ga.
and branches to Chattahoochee and Gainesville,
Fla, and Albany, Ga. This road is part of the
main line of the Atlantic Coast Line to’ Mont-
gomery, Ala., and all points in Florida. At
Chattahoochee connection is made with the
Louisville & Nashville R. R. for New Orleans.
These bonds are outstanding at the rate of $11,-
900 per mile. i
Underlies—$81,000,000 A. C. L. Cons. 43 of
1952, Unified 4s of 1959, Debentures and Gen. &
Unified 4s and 414s. Bonds are reserved under
the Gen. & Unif. mortgage to retire this issue.
Legal for Balt., Conn., Cal., Fla., N. H., N. J.
and N. Y. '
Listed on the New York and Baltimore Stock
Exchanges.
Original Market—$1,780,000 5s offered May,
1897, at 105 and interest by the New York
Security & Trust Co. and Charles T. Wing & Co.,
of New York. ;
Market.
New York—J. 5S, Farlee & Co., Wm. C. Wilson,
Wolff & Stanley, Coffin & Co., Estabrook & Co.,
Berdell Bros., Freeman & Co., Ambrose R. Clark,
Korn, Lehman & Co., Redmond & Co., Jacob-
son & Friedman, Struthers & Hiscoe, Foster &
Adams, Peck, Rasmus & Truesdale, Sutro Bros.
& Co., L. M. Prince & Co,, Seasongood & Haas,
Whittemore, Pell & Co., Wood, Struthers & Co.
Baltimore—Poe & Davis, Jenkins, Whedbee
& Poe, Baker, Watts & Co., Mackubin, Goodrich
& Co., Strother, Brogden & Co., Townsend
Boot & Son, Sutton & Co., B. Warren Corkran
0. .
Boston—Estabrook & Co. -
Hartford—Roy P. Crary, Richter & Co.
SAVANNAH RIVER POWER CO. Ref. 5s.
Due April 1, 1917.—F.
Dated Oct. 1, 1911. Interest payable April 1
and Oct. 1.
Authorized—$550,000.
Outstanding—$350,000..
Denomination—Coupon, $500 and $1,000.
Trustee—Columbia Trust Co., New York.
Redeemable on any interest date at par and
interest.
Assumed by the Georgia Ry. & Power Co.
Guaranteed principal and interest by the
Georgia Ry. & Power Co. ae
Control—Absorbed by the Georgia Railway &
Power Co. .
Secured by a second mortgage on plant for-
merly owned by the Savannah River Power Co.
Underlies—$9,865,000 Ga. Ry. & Pr. 5s. |
Net Earnings (Ga. Ry. & Pr.), :
TOL BU VA istics s sos wens week kv Hoa es $2,749,576
Rental aii s-¢: ¢scassis a gar sicnavasosa soa tains 723,312
Anterestss. i: sv swurse we dee cnaes we Hs 1,296,638
1 ee re ere 783,423
Original Market—Offered in 1914 by Robert
Glendinning & Co., Philadelphia, at 9714 and
interest.
Market.
Philadelphia—R. Glendinning & Co., Geo. N.
Fleming.
SAVANNAH GAS CO. Ist 5s. Due Sept. 1, 1923.
—F.
Dated March 1, 1904, Interest payable May
and Sept. 1, at Pennsylvania Co. for Insurances
on Lives and Granting Annuities. a
Authorized—$1,750,000. : '
Outstanding—$1,158,000.
Held in Treasury—$54,000.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities.
Redeemable at 105 and interest.
Sinking Fund—1}4 % of outstanding bonds to
pe epriopaates annually to be invested in these
onds.
Guaranteed principal and interest by the
United Gas Improvement Co. With one small
exception this is the only issue guaranteed_as
to principal and interest by the U. G. I. Co.,
which has no bonded debt. x ;
Organization and Control—Incorporated in
Georgia. Controlled by interests associated with
the United Gas Improvement Co.
Secured by a-first mortgage on plant supplying
gas to Savannah, Ga. Population served, 60,000.
Net Earnings, U. G. I. Co.
12/81 /1bseis ceeeas seek nets 88 $7,095,100
Market.
Philadelphia—Reed A. Morgan & Co., Samuel
K. Phillips, Robt. Glendinning & Co., O. B.
Lansinger & Co., E. B. Smith & Co., .Chas.
Fearon & Co., Brown Bros. & Co., Elkins, Morris
& Co., Oscar R. Dare, Henry & West, Frazier &
Co., Ervin & Co., Parrish & Co.
New York—S. L. Snowden.
SAVANNAH, THUNDERBOLT & ISLE OF
HOPE RAILWAY CO. Ist 4s. Due July 1,
1947.—N. a
Dated July 1, 1897. Interest payable Jan. 1,
April 1, July 1, and Oct. 1, at office of Stone &
Webster, Boston.
Authorized—$1,250,000.
Outstanding—$1,000,000.
Cancelled—$250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Assumed by the Savannah Electric Co.
Control—Merged into the Savannah Electric
Co., Dec., 1901.
Secured by a first mortgage on 19 miles of
street railway track in Savannah, Ga., and ex-
tending into the surburbs. :
Underlies—$2,147,000 Savannah Electric Co.
1st Cons. 5s of 1952, under which mortgage bonds
are reserved to retire this issue.
Net Earnings (S. E. Co.) 12/31/14 $289,652
Interest, CG sissies sins wore 255,333
"This 188s. sisces at paisa eae 147,268
Market.
Baltimore—Mercantile Trust & Deposit Co.
Boston—Stone & Webster.
SAWYER-MASSEY CO. LTD. Ist S. F. 6s.
Due April 1, 1927.—F.
Dated April 1, 1912. Interest payable April
1 and Oct. 1, at Canadian Bank of Commerce,
Toronto, Montreal and London.
Authorized—$1,500,000.
Outstanding—$687,750.
Retired by Sinking Fund—$62,250.
Denomination—Coupon, $100, $500 and $1,000
Registerable as to principal or fully registerable.
C. & R. interchangeable.
Trustee—National Trust Co., Toronto.
_ Redeemable as a whole at 105 and interest on
six weeks’ notice, or annually for sinking fund on
and after April 1, 1913.
Sinking Fund—Annual payments, beginnin
April 1, 1913, sufficient in amount to redeem al
bonds outstanding at maturity, to be applied
to the purchase or redemption annually of a
fixed amount of bonds at not exceeding 105 and
interest.
Organization—Incorporated in Canada in 1910.
Secured by a first mortgage on plant covering
15 acres of ground at Hamilton, Ont., where the
company has been engaged in the manufacture
of agricultural engines and road machinery for
21 years.
Net Loss, 12/30/14. .. $206,802*
IMterest (icici side yew cena eae 47,471
*Compares with net profit of $174,000 in 1918.
Original Market—$750,000 offered April, 1912,
at 100 and interest by the Dominion Securities
Corp., Ltd., Toronto, Montreal and London.
Market.
Toronto—Dominion Securities Corp., Murray,
Mather & Co., Goldman & Co.
Montreal—N. B. Stark & Co., Dominion
Securities Corp., Ltd., Eastern Securities Corp.
SEE CO. ist 5s. Due April 1,
Tax exempt in Pennsylvania.
Dated April 1, 1907. Interest payable April
and Oct. 1, at Peoples’ Bank of Wilkes-Barre, Pa.
Authorized—$750,000.
Outstanding—$234,000. om
Held alive in Sinking Fund—$11,000.
Denomination—Coupon, $500. Registerable
as to principal. :
Trustee—Peoples’ Bank of Wilkes-Barre, Pa,
Redeemable at 105 and interest on any interest
date. ie Red
Sinking Fund—$2,500 annually from 1912 to
1917; $5,000 annually from 1917 to 1922; and
1% of outstanding bonds annually thereafter,
but not less than $5,000 any year.
Organization and Control—Incorporated in
Pennsylvania in 1906. A majority of the stock
is owned by the Eastern Pennsylvania Power
Co., which was controlled by ownership of a ma-
jority of its stock by the [Atlantic Gas & Elec-
trie Co. In 1914 that company was placed in
the hands of a receiver, and a plan of reorganiza-
tion has been adopted, under which the properties
of the Atlantic G. & E. Co. will pass into control
of the General Gas & El. Co., operated by W. S.
Barstow & Co.
Secured by a first mortgage on plants supply-
ing electricity in Sayre, Athens and South
Waverly, Pa. Population served, 14,000. Fran-
chise in Athens is perpetual, in Sayre expires in
1957 and_in South Waverly in 1942. The
Waverly Electric Light & Power Co. supplies
electricity in Waverly, N. Y., under perpetual
charter. Population served, 5,000. The com-
pany has outstanding $40,000 bonds.
Net Earnings, 12/31/13.......... $31,604
Interest and sinking fund......... ’
Listed on the Philadelphia Stock Exchange.
Original Market—$210,000 offered in Feb.,
1912, by Meikleham & Dinsmore, New York,
Philadelphia and Boston, at 94 and interest.
Market.
New York—Meikleham & Dinsmore.
SCHENECTADY & DUANESBURGH RAIL-
ROAD CO. Ist 6s. Due Sept. 1, 1924.—N.
See Map 44,
Dated September 1, 1874. Interest payable
March and Sept. 1, at Delaware & Hudson Com-
‘pany’s office, 32 Nassau Street, New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000, $500 and
0.
Trustees—Thomas W. McCamus and Walter
T. L. Sanders.
Control—Merged into the Delaware & Hudson
0.
Guaranteed as to interest by the Delaware &
Hudson Co. by endorsement.
Secured by a first mortgage on (4) 14 miles of
road from Schenectady to Duanesburgh, N. Y.
This road forms part of a through line between
Binghamton, N. Y. and Scranton, Pa., and
Saratoga Springs, N. Y. and points north thereof,
allowing of freight destined for points north of
Saratoga to avoid passing through Albany.
These bonds are outstanding at the rate of $35,700
per mile.
Underlies—$46,200,000 Delaware & Hudson
1st & Ref. 4s of 1943 and Debentures. Bonds are
reserved under the 1st & Ref. Mortgage to retire
this issue.
Legal for Balto., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., N. H., N. J., N. Y., R. I. and Wis.
Market.
New York—Coffin & Co., Gilman & Clucas.
Struthers & Hiscoe, Harris, Forbes & Co.,
pemick. Hodges & Co., Bigelow & Co., Ambrose
. Clark.
756
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank.
SCHENECTADY (N. Y.) RAILWAY CO. ist
44s. Due Sept. 1, 1941.—F.
Dated Sept. 1, 1901. Interest payable March
land Sept. 1, at Bankers’ Trust Co., New York.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 110 and interest on four weeks’
notice.
Organization and Control—Incorporated in
New York in 1895. One half of the $4,100,000
preferred stock is owned by the Delaware &
Hudson Co., and_ one-half by the New York
State Rys. Co. The company formerly owned
the entire capital’ stocks of The Schenectady
Illuminating Co. and Mohawk Gas Co., the
former issue being deposited under this mort-
gage, but these properties were sold to Schenec-
tady Illuminating Co., in consideration of the
assuming by that company of $1,000,000 Schenec-
tady Ry. Co. Consol. 4)4s.
Secured by 2 first mortgage on 138 miles of
street and interurban railway including all of
the local lines in Schenectady, N. Y., and inter-
urban lines to Watervliet, Ballston Spa and
Saratoga and West Albany, N. Y., connecting
at the latter point with the local lines in' Albany.
Population served, Albany, 105,000; Schenectady,
80,000, remaining territory, 50,000. From the
Schenectady City Line to Saratoga Springs is
on private right of way. Franchises elsewhere
are perpetual. Further secured by a first mort-
gage on the plant supplying electricity to Schenec-
tady and suburbs, under perpetual franchise.
This plant is now owned and operated by the
Schenectady Illuminating Co. Y
Net Earnings, 12/31/14 - $476,615
TDG CK OSG a dscics ese cn sisnst- as cua apecays Seted co ieustd 106,651
Legal for Baltimore. ae
Original Market—$900,000 offered in 1901 at
102 and interest by N. W. Harris & Co., New
York, Boston & Chicago, and Perry, Coffin &
Burr, Boston.
Market.
New York—L. F. Hepburn, Spencer Trask &
Co., Harris, Forbes & Co., Bigelow & Co., F. H.
Hatch & Co., Gilman & Clucas, Foster & Adams,
Rauscher & Childress, Chas. H. Jones & Co.,
Drake & English, Kirkpatrick & Lewis.
Boston—N. W. Harris & Co., Adams & Co.,
Perry, Coffin & Burr. ,
Chicago—Harris Trust & Sav. Bank.
SCHULZE BAKING CO. Ist Mtge. 6s. Due
$30,000 each Aug. 1 from 1916 to 1928 and
$210,000 in 1929.
Dated Aug. 1, 1914. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$600,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Fort Dearborn Trust & Savings
Bank, Chicago.
_ Redeemable on any interest date at 1024 and
interest.
Organization—Incorporated in Illinois in 1893.
Secured by a first mortgage on plants of the
company located in Chicago, Kansas City and
Cincinnati. The company has four factories
in operation in Chicago, with an additional fac-
tory nearing completion. The ‘company is
engaged in manufacture and sale of bread.
Net Earnings—The net earnings are reported
to be in excess of four times interest charges on
this issue.
Original Market—$600,000 offered in July
1914, by the Ft. Dearborn Trust & Savings
Bank, Chicago, at par and interest.
157
SCHUYLKILL & LEHIGH RAILROAD CO.
1st 4s. Due May 1, 1948.—F.
See Map 105. f
Tax exempt in Pennsylvania. | ;
Dated May 2, 1898.' Interést payable May
and Nov. 1, at Reading Terminal, Philadelphia.
Authorized and Outstanding—$600,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—The Pennsylvania Co. for Insurances
on Lives and Granting Annuities, Philadelphia. —
Organization and Control—Incorporated in
Pennsylvania in 1880. The entire capital stock
is owned by the Reading Co., and the property
leased for 999 years, to the Philadelphia & Read-
ing R. R. Co., lease assumed by the Philadelphia
& Reading Ry. Co. Rental, $27,000 per annum
and taxes.
Guaranteed as to poteeel and interest by the
Reading Company by endorsement. A
Secured by a first miceheaee on (12) 48 miles of
road from Reading to Slatington, Pa. The
road connects at Slatington with the Lehigh &
New England R. R. which line runs into south-
eastern New York. These bonds are outstand-
ing at the rate of $12,500 per mile.
Legal for Me.
Market.
Philadelphia—Robt. Glendinning & Co., S. K.
Phillips, Reed A. Morgan & Co. :
SCHUYLKILL COUNTY LIGHT & FUEL CO.
Coll. Tr. 5s. Due Jan. 1, 1933.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1903. Interest payable Jan.
oe July 1, at Real Estate Trust Co., Philadel-
phia. TOE A
Authorized and Outstanding—$350,000. ~
Denomination—Coupon, $1,000. Registerable
as to principal. . ae
Trustee—Real Estate Trust Co., Philadelphia.
Redeemable at any time at 108 and interest. —
Organization—Incorporated in Pennsylvania
in 1902. ;
Secured by a first lien on all of the stock
($200,000) of the Pottsville Gas Co. (no bonded
debt) and all of the stock ($50,000) and bonds
($50,000) of the Schuylkill Valley Gas Co.
These companies own plants supplying gas to
Pottsville, Port Carbon and Yorkville, Pa., and
vicinity, serving population of 20,000.
Market.
Philadelphia—S. K. Phillips.
SCHUYLKILL ELECTRIC RAILWAY Ist 6s.
Due Feb. 1, 1925. F
Tax exempt in Pennsylvania.
Dated Feb. 1, 1895. Interest payable Feb.
and Aug. 1, at Real Estate Trust Co., Phila-
delphia. | :
Authorized—$500,000.
Outstanding—$500,000 (205,000 owned by
Eastern Penna. Rys. Co.).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. ; :
Trustee—Real Estate Trust Co., Philadelphia.
Control—Absorbed by Eastern Penna. Rys.
Co., which operates about 70 miles of electric
railway in and around Pottsville, Pa. The road
is operated by the J. G. White Management
Association. 7
Secured by a first mortgage on 16 miles of
electric railway.
Underlies—$3,257,000 Eastern Penna. Rys. 5s.
Bonds are reserved under that mortgage to retire
this issue.
Net Earnings, 12/31/13......... $328,371
Interest and rentals..........-.- 228,026
"THIS ISSUCS: recede a sateen aeRO 67,976
Market.
Philadelphia—F. P. Ristine & Co., Geo. S.
Fox & Sons, Oscar R. Dare, S. K. Phillips, Robt.
D. Ghriskey & Co. 5
Wilmington, Del.—Laird & Co.
SCHUYLKILL RAILWAY CO.
Due April 1, 1935.—F.
Tax exempt in Pennsylvania.
Dated April 1, 1905. Interest
and Oct. 1, at Trustee’s office.
Authorized—$1,450,000.
Outstanding—$640,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at par and interest any time.
_ Organization—Incorporated in Pennsylvania
in 1903. .
Secured by a second mortgage on 28 miles of
street and interurban railway, from Locustdale
through Ashland to Girardvilie, Shenandoah and
Mahanoy City, Pa. ‘These cities are all located
in the center of the anthracite coal region of
Pennsylvania. Population served, 70,000.
Prior Liens—$760,000 bonds of absorbed com-
panies.
Net Earnings, 6/30/13 $83,832
Interest, etc... Satacpie $ aes 48,859
Market.
New York—Bigelow & Co.
SCHUYLKILL TRACTION CO. 1st 5s.
April 1, 1943.
Interest payable April 1 and October 1, at
Continental-Equitable Trust Co., Philadelphia.
Authorized and Outstanding—$500,000. —
[ $500 and $1,000.
Registerable as to principal.
Trustee—Continental-Equitable Trust Co.,
Philadelphia. '
Sinking Fund—$10,000 per annum to be ap-
plied to the purchase of bonds at not exceeding
105 and interest.
Secured by a first mortgage on 22% miles of
the road described under the Schuylkill Ry. Co.
1st 5s above.
Underlies—$745,000 Schuylkill Ry. Co. and
Schuylkill Traction Co. 5s.
Net Earnings, 6/30/13... $83,832
Interest, ete 48,859
Jet Cons. 5s.
payable April
Due
Denomination—Coupon,
Philadelphia—R. Glendinning & Co.
SCHUYLKILL RIVER EAST SIDE RAILROAD
CO. Ist 4s. Due June 1, 1925.—F. .
See Map 8.
Tax exempt in Pennsylvania.
Dated Dec. 1, 1903. Interest payable June
and Dec. 1, at B. & O. office, 2 Wall St., New York
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Principal
may be registered, or fully registerable.
_Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
Organization and Control—Incorporated in
Pennsylvania. The Baltimore & Ohio R. R.
Co. owns entire $5,000,000 capital stock, one-
half being deposited under its lst Mortgage 4s
and balance held in treasury.
Guaranteed principal and interest by the B.
& O. R. R. Co. by endorsement..
Secured by a first mortgage on (6) 11 miles of
track in and near Philadelphia, and about 70
miles of 2nd, 3d and 4th track and sidings. This
road affords the B. & O. R. R. Co. important
terminal facilities in Philadelphia, and a con-
nection with the Philadelphia & Reading Ry.,
over which passes all B. & O. traffic for New York.
Legal for Fla., Conn., Me., Mich., Minn., N.
H., N. J., R. I. and Wis.
Listed on the Philadelphia Stock Exchange.
Original Market—Offered in 1903 by Brown
Bros. & Co., New York, Philadelphia and
Boston.
Market.
‘Philadelphia—Chas. Fearon & Co., Borden
& Knoblauch, Samuel K. Phillips, Mellor &
Petry, E. B. Smith & Co., E. W. Clark & Co.,
Reed A. Morgan, & Co., Brown Bros. & Co.,
Elkins, Morris & Co., Cassatt & Co., Chas. C,
Harrison, Jr., & Co., Henry & West, Geo. S.
Fox & Sons, C. Clothier Jones & Co., W. H.
Newbold’s Son & Co., Reed & Huntoon, Robt.
- Glendinning & Co., Graham & Co., Barclay,
Moore & Co. F
SCHWARZSCHILD & SULZBERGER CO. 10-
year S. F. Deb. 6s. Due June 1, 1916.—F.
Dated June 1, 1906. Interest payable June
and Dee. 1, at Trustee’s office.
Authorized—$6,000,000. .
Outstanding—$4,300,000. : oak
Retired by Sinking Fund—$1,700,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia-Knickerbocker Trust Co.,
New York. sales
Redeemable at 102}4 and interest for sinking
fund, on any June 1, and also redeemable in whole
or in part at 105 and interest on any interest
date on four weeks’ notice.
Sinking Fund—The company is required to
retire either by purchase or redemption, at not
exceeding 10244 and interest, $125,000 bonds,
on June 1, 1907 and 1908; 1909, $150,000; 1910,
$200,000; 1911, $250,000; 1912 and 1913, $275,-
000 and 1914 and 1915, $300,000, leaving $4,-
000,000 outstanding at maturity. ses
Organization—Succeeded by Sulzberger Sons
Co., a New York Corporation, in 1910.
Security—A direct obligation of the company,
but not a mortgage. The company agrees that
no mortgage or lien shall be placed on any of
the three plants of the company, in Kansas
City, Chicago and New York, during the life of
any of these debentures. The plants and build-
tngs which are free and clear, including branch
house properties, were valued in 1906 at over
$8,500,000, and in 1911 at over $10,000,000.
The company has outstanding another issue
of $4,100,000 debentures.
Net Earnings (after interest and
maintenance (12/31/14). ... $1,511,000
Listed on the Unlisted Dept. of the Chicago
Stock Exchange. 7
Original Market—$6,000,000 offered in Feb.,
1907, at par and interest by William Salomon
& Co., and Goldman, Sachs & Co., New York,
ete., A. G. Edwards & Sons, St. Louis, and by
the Commercial National Bank, Chicago.
Market.
New York—Bigelow & Co., Geo. H. Burr &
Co., Newborg & Co., Curtis & Sanger, Wm.
Salomon & Co., Salomon Bros. & Hautzler,
L. A. Norton, Byrne & McDonnell, Herrick &
Bennett, Bull & Eldredge, Seasongood & Haas,
Alfred R. Risse, Rauscher & Childress, J. 8.
Bache & Co., John J. Levenson, R. B. Hathaway
& Co., Mann, Bill.& Ware.
Kansas City—Orthwein, Matchette & Co. __
Chicago—Hulburd, Warren & Chandler, Fin-
ney & Co., Curtis & Sanger.
SCIOTO VALLEY & NEW ENGLAND RAIL-
ROAD CO. Ist 4s. Due Nov. 1, 1989.—N.
See Map 87.
Dated Nov. 1, 1889. Interest payable May
and Nov. 1, at Bankers’ Trust Co., New York,
or at company’s office, Philadelphia.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
. Controt— Merged with the Norfolk & Western
y. Co. :
Assumed by the Norfolk & Western Ry. Co.
Secured by a first mortgage on (4) 128 miles of
road from Columbus to Coal Grove, Ohio, near
the Ohio River. This road affords the N. & W.
Ry. an entrance into Columbus, Ohio, and the
southern coal fields of that state. These bonds
are outstanding at the rate of $39,300 per mile.
Underlies—$85,000,000 Norf. & West. 1st
758
Cons. 4s of 1996, under which mortgage bonds
are reserved for the retirement of this issue; and
the Norf. & West. Div’l 1st Lien & Gen. Lien 4s
of fe oe ‘
Legal for Balto., Cal., Conn., Me., Fla., Mich.,
Minn., Mo., N. H., N. J., N. Y., R. I. and Wis.
Listed on the New York Stock Exchange.
arket.
New York—Coffin & Co., Wolff & Stanley,
Wood, Struthers & Co., Robinson & Co., Sutro
Bros. & Co., Berdell Bros., L. M. Prince & Co.,
Hartshorne & Battelle, Low, Dixon & Co.,
Gilman & Clucas, Wm. A. C. Ewen, Seasongood
& Haas, Whittemore, Pell & Co., Tobey & Kirk,
Denny, Pomroy & Co.
SCIOTO VALLEY TRACTION CO. 1st 5s.
Sept. 1, 1923.—F,
Dated Sept. 1, 1908. Interest payable March
and Sept. 1, at Harris Trust & Savings Bank,
Chicago.
Authorized—$4,000,000.
Outstanding—$1,583,000.
Retired by Sinking Fund—$17,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
oe ae Trust & Savings Bank, Chi-
cago.
Sinking Fund—1% per annum of bonds out-
standing from 1918 to 1917 and 2% per annum
thereafter. :
Organization—Incorporated in Ohio in 1904.
Secured by a first mortgage on 70 miles of
third rail electric railway, on private right-of-
way, between Columbus and Lancaster and
Columbus, Circleville and Chillicothe, Ohio.
Population served, Columbus, 185,000; remain-
ing territory, 55,000.
Net Earnings, 6/30/14.......... $205,839
Interest and taxes.............. 98,784
Listed on the Cincinnati Stock Exchange.
Original Market—First offered by Harris
Trust & Savings Bank, Chicago, N. W. Harris &
Co., New York and Boston, at 9634 and interest
in September, 1906.
Market.
New York—Harris, Forbes & Co., Foster &
paamy John D. Curtis & Co., Gude, Winmill &
0.
Chicago—Harris Trust & Savings Bank.
Boston—N. W. Harris & Co. —
Cincinnati—W. E. Hutton & Co., Chas. C.
Murray & Co.
Columbus—Fred. W. Freeman.
SCOTT STEAMSHIP CO. 1st 6s.
each Aug. 1, 1915 to 1924.—N.
Dated Aug. 1, 1914. Interest payable Feb.
land Aug. 1 at Trustee’s office.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000.
Trustee—Superior Savings & Trust Co.,
Cleveland, Ohio.
Redeemable on any interest date at par plus
1% for each year bonds have to run, but not
less than 2%.
Organization—Incorporated in Ohio in 1914.
Secured by a first mortgage on the three steel
freight steamers Edward A. Uluig, J. J. Turner
and Edward V. Sanders, Jr. These steamships
were built some six years ago by the American
Shipbuilding Co. for the Commonwealth 8. S.
o. In 1914 the latter company won a suit
against the shipbuilding company for the setting
aside of the sale, and received a verdict for
$1,295,000 representing approximately the cost
of the ships.
Original Market—Offered in Aug., 1914, by
the Superior Savings & Trust Co., Cleveland,
Ohio, at par and interest.
SCRANTON & PITTSTON TRACTION CO.
1st 6s. Due Oct. 1, 1923.—N.
Tax exempt in Pennsylvania.
Due
Due $50,000
759
Dated Oct. 1, 1893. Interest payable Aug.
and Oct. 1, at Merchants’ Union Trust Co.,
Philadelphia.
Authorized—$525,000.
Outstanding—$355,500 ($60,000 owned by.
Scranton Ry.).
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. .
Trustee—Merchants’ Union Trust Co., Phila-
delphia.
Guarantee—The bonds not owned by the
Scranton Ry. Co. are guaranteed as to principal
and interest by that company.
Control—Absorbed by Scranton Ry. Co.,
which is controlled by American Rys. Co. by
ownership of entire capital stock.
Secured by a first mortgage on 13 miles of
electric railway connecting Scranton, Pittston
and Avoca, Penna. Population served, 175,000.
Underlies—$1,000,000 Scranton Ry. 5s.
Net Earnings (Scranton Ry. Co.),
6/30/13.
Interest...
This issue. .
Market.
Philadelphia—Graham & Co., Oscar R. Dare.
SCRANTON & WILKES-BARRE TRACTION
CORP. Ist Refg. 5s. Due August I, 1951.
Tax exempt in Pennsylvania.
Dated July 1, 19138. Interest payable Febru-
ary 1 and August 1 in New York.
Authorized—$3,000,000.
Outstanding—$2,112,000.
Denomination—Coupon, $1,000.
as to principal only.
Trustee—Guaranty Trust Co., New York.
, Redeemable on any interest date at 105 and
interest. 7
_ Sinking Fund—}4% of bond outstanding plus
interest on bonds which have been acquired by
the fund is to be paid annually on Nov. 1, for the
purchase or redemption of these bonds at not
exceeding 105 and interest. 4
Organization—Incorporated in Pennsylvania.
Secured by a second lien on practically the
entire capital stock, $1,848,750, and the entire
issue of $5,000,000 1st mortgage bonds of the
Lackawanna & Wyoming Valley R. R. Co. This
company owns 25 miles of double track inter-
urban railway on private right of way, from
Wilkes-Barre to Scranton, entering the business
centers of each city. Population served, 200,000.
The company is reported as doing 90% of the
passenger business between the two cities.
, Prior Lien—$888,000 bonds secured by a first
lien on collateral mentioned above.
Underlies—$1,000,000 6s 1934.
Net Earnings, 6/30/14........... $262,385
MENCOLOSE sorse..c5 ue & as wag wg hake 174,700
*Present charges.
Original Market—$2,000,000 offered by Perry,
Coffin & Burr, Boston, in May, 1914, at 9514 and
interest.
New York—Harris, Forbes & Co., S. L.
Snowden, Gude, Winmill & Co., Perry, Coffin
& Burr.
Chicago—Harris Trust & Savings Bank.
SCRANTON ELECTRIC CO. Ist & Ref. 5s.
Due July 1, 1937.—F. _
Tax expen in Pennsylvania.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$4,061,000.
Retired by Sinking Fund—$220,000. _
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United States Mortgage & Trust
Co., New York. ,
Redeemable at 110 and interest July 1, 1912,
or on any interest date thereafter.
Registerable
Sinking Fund—2% annually of outstanding
bonds, beginning July 1, 1910.
Organization and Control—Incorporated in
Pennsylvania in 1907. All of the stock is owned
by the American Gas & Electric Co., which is
controlled by interests senned with the Gen-
eral Electric Co. In 1918 the S. EB. Co. acquired
the pro sporty of the tensa Light, Heat &
Power Co., supplying steam heat in Scranton,
subject to $334,000 bonds.
Secured by practically a first mortgage on the
plants supplying electricity in Scranton, Carbon-
dale, Dunmore, Avoca, and other towns in Lacka-
wanna County, Penna. Further secured by a
first lien on all’ of the stocks and bonds ‘of the
Lackawanna Light Co. Population served,
225,000. Franchises are perpetual, with one
minor exception, which expires'in 1935.
Prior Lien—$21,000 Scranton E. Lt. ‘& Heat
Co. 5s.
Net Earnings, 12/31/13......... $576,384
Unterestesss «cscs. 2 oe teas oe nena 209,446
Original Market—Offered in 1910 by N. W.
Harris & Co., New York, Boston, etc., at par and
interest, $234,000 offered ‘in Aug., 1912, by
Harris, Forbes & Co., New York, N. ‘W. Harris &
Co., Boston, and Harris Trust & Savings Bank,
Chicago,’ at. 108 and _ interest.
Market.
Philadelphia—E. B. Smith & Co., Reed A.
Morgan & Co., John H. McQuillen & Co., Henry
& West, Townsend Whelen & Co., Borden &
Knoblauch, Welsh Bros., Harper & Turner,
Reilly, Brock & Co., Frazier & Co., 3
Freeman & Co., Oscar R. Dare, C..D. Barney’ &
Co., Barelay, Moore & Co., Robt D. Ghriskey
& Co., Elkins, Morris & Co., Goodall, Wister &
Co., Graham & Co., S. K. Phillips, G. N. Fleming.
Hartford—Richter & Co. ;
New York—Low, Dixon & Co., Harris, Forbes
& Co., Hodenpyl, Hardy & Co., ‘Ine., Kirk-
patrick & Lewis,'Gude, Winmill & Co. ” H. P.
Taylor & Co., S. L. Snowden. :
Pittsburgh—-The Safe Deposit & Trust ' Co.,
H. P. Taylor & Co., Moore, Leonard & Lewis.
Boston—N. W. Harris & Co., ‘L. Sherman
Adams, F. B. Bassett & Co. b
Portland—Chester H. Pease.
Chicago—Harris Trust & Sav. Bank, Hoden-
pyl, Hardy & Co., Inc.
New Haven—The W. T. Fields Co.
Scranton—Brooks & Co., E.
Providence—Hornblower & Weeks.
Buffalo—H. P. .Taylor & Co.
SCRANTON Pay GAS & WATER CO. Ist 5s.
Due Jan. 1, 1923.—N.
Interest payable Jan. 1 and July 1, at First
National Bank, Scranton, Pa.
- Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Lackawanna Trust & Safe Deposit
Co., Scranton, Pa.
e Redeemable at par and interest any interest
ate,
Secured by a first mortgage on plants supply-
ing gas in Scranton, Hyde Park, Dunmore, Pa.,
and other cities and towns in the vicinity. The
company owns all of the entire $1,329,750 stocks
of twenty subsidiary water companies, which
owns plants supplying » water in Scranton and
numerous communities in that locality, subject
ea $1,625,000 bonds. Population served, 250,-
Underlies—$1, 550,000 5% Debentures.
Earnings—Dividends of 4% per annum are
being paid on $4,000,000 stock.
Listed on the Philadelphia Stock Exchange.
Market.
New York—A. E. Fitkin Co.
Scranton—Brooks & Co., E. A. Burke & Co.
Philadelphia—Graham & ae
A. Burke & Co.
SCRANTON GAS & WATER CO. _ Purchase
Money 5s. Due April 1, 1920.—N.
Tax exempt in Pennsylvania.
Dated April 1, 1900. Interest payable April
and Oct. 1, at First National Bank, Scranton, Pa.
Authorized and Outstanding—$600, 000.
Trustee—Lackawanna Trust & Safe Deposit
Co., Scranton Pa.
Redeemable at par and interest.
Secured by a first mortgage on plant formerly
belonging to Providence Gas & Water Co.
For description of Scranton G. & W. Co. prop-
erty, see 1st 5s above.
Underlies—$1,550,000° Debentute 5s.
Earnings—See Ist” nd = paver
Scranton—Brooks % *hoe : E. A. Burke & Co.
Philadelphia—Graham & Co.
SCRANTON GAS & WATER CO. Debenture 5s.
Due April 1 1930.—N. .
Tax exempt in Pennsylvania. ; :
Dated April 1, 1900, Interest: ‘pevebls April
and Oct. 1, at First National Bank, Scranton, and
Lackawanna Trust & Safe Deposit Co., Scranton.
_ Authorized and See 000.
- Trustee—Lackawanna Trust & Safe Deposit
Co., Seranton. :
Redeemable at, par and interest. ‘
Security—A direct obligation of he company
but not secured by a mortgage. For details see
1st’ 5s above. ,
Market.
Scranton—Brooks & Co. __.
Philadelphia—Graham & Co. :
SCRANTON GAS & WATER co. Debenture 5s.
Due Jan. 1, 1935.—N.
Tax exempt in Pennsylvania.
Dated Jan. 1,:190 Interest payable Jan.
and July 1, at First National Bank, Scranton, Pa.
Authorized and Outstanding—$600,000.
Trustee—Lackawanna Trust & Safe Deposit
Co., Scranton, Pa.
Redeemable at par and interest.
Security—A direct obligation of the company,
but not secured by a mortgage. For details see
1st 5s above.
Market.
& ae York—A. E. Fitkin & Ca., J H. Becker
Scranton—E. A. Burke & Co., Brooks & Co.
Pee M. Freeman & Co., Graham
0.
SCRANTON RAILWAY CO. Ist 5s.
Due Nov. 1,
1932.—F.
Tax exempt in Pennsylvania.
Dated Jan. 1, 1897. Interest payable Jan.
and July 1, at Company’s office, or at E.
Clark & Co., Philade! Ipbia. .
Authorized—$2, 500.
Outstanding—$1, 100. R 000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Organization and Control—See Gen. 5s, below.
Secured by a mortgage on street railways in
Scranton, Pa., constructed and owned at date of
execution of mortgage. Franchises perpetual.
Prior Liens—$1,400,000 bonds of constituent
companies.
Underlies—$1,000, ne Gen, 5s.
Net Earnings, 6/ 30/13 $542,033
Interest... 281,856
This issue... 231,856
Market.
New York—L. F. Hepburn, R. F. Westerfield.
Philadelphia—Bioren & Co., E. W. Clark &
Co., Newburger, Henderson & Loeb, Chas.
Fearon & Co., Henry & wets av Phillips,
C. D. Barney & Co., Oscar R.
Scranton—E. A. Burke & bo. Bracke & Co.
Providence—John C. Hume & Co.
760
SCRANTON RAILWAY CO.
Noy. 1, 1920,—F, :
Tax exempt in Pennsylvania.
Dated Nov. 1, 1910. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$1,000,000.
. Outstanding—$1,000,000, $272,000 owned by
the Ameriean Rys. Co.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Continental-Equitable Trust Co.,
Philadelphia.
4 Redeemable at 102 and interest any interest
ate.
Organization and _ Control—Incorporated in
Pennsylvania in 1896. Practically the entire
capital stock is owned by the American Rys. Co.
Secured by a mortgage on 91 miles of street
railway in Scranton, Pa., and vicinity, including
lines to Carbondale and Pittston. Population
served, 200,000. Franchises are perpetual.
Prior Liens—$2,300,000 bonds of this and
absorbed companies.
Net Earnings, 6/30/13. . $542,033
Interest seis.ii 4 iiasca cn 281,856
Original Market—$1,00 i
ber, 1910, at 9734 and interest, by. Bioren & Co.,
and Newburger, Henderson & Loeb, both of
Philadelphia.
Market. tee
Philadelphia—Bioren & Co., J. Paul Lloyd,
Newburger, Henderson & Loeb, O. B. Lansinger
& Co., Brown Bros. & Co., S. K. Phillips, Oscar
R. Dare.
Scranton—Brooks & Co.
SCRANTON TRACTION CO.
Gen, 5s. Due
Ist 6s. Due
Nov. 1, 1932.—F.
Tax exempt in Pennsylvania. .. Fe
Dated 1892. Interest. payable May and
Nov. 1, at-E. W..Clark & Co., Philadelphia.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Control—Absorbed by Scranton Ry. Co.
Secured by a first mortgage on an important
art of the street railway system in Scranton,
a. Franchises perpetual. . i
- Underlies—$2,100,000 Scranton Ry. 5s.
-Prior Liens—$100,000 Scranton Pgr. Ry. 5s.
Net Earnings, Scranton Ry. Co..-
6/30/13....... bosrfe soteaeneraad &. _.. $542,033
Interest............ oh eaueies wee. 281,856
TRIES ie scm na ep wh megaa aoe 176,856
Listed on the Philadelphia Stock Exchange.
Market.
Scranton—E. A. Burke & Co., Brooks & Co.
Philadelphia—S. K. Phillips, Graham & Co.,
Osear R. Dare. .
New York—Kirkpatrick & Lewis.
SCULLIN-GALLAGHER IRON & STEEL CO.
Ist Serial 514s. Due each Feb. 1, as
follows :
BEG ge y ds cnn $49,000 $61,000
VOUT. jcisry scence 52,000 4,500
Cr 55,000 51,500
VOT i oie eine 58,000 88,000
75,000
1924...
y 2 1925's: «fase dats $337,000—F.
Dated February 1, 1910. Interest payable
Feb. and Aug. 1, at Trustee’s office.
. Authorized—$1,500,000.
Outstanding—$891,000.
Redeemed—$209,000.
» Cancelled—$400,000.
» Denomination—Coupon, $500.
as:to principal.
‘Trustee—Mercantile Trust Co., St. Louis.
, Redeemable at 10214 and interest on any
interest date upon 30 days’ notice. ‘ u
Organization—Incorporated in Missouri in
Registerable
Secured by a first mortgage on A plant: occupy-
ing 80 acres of land in St. Louis, Mo., where the
company is engaged in the manufacture of steel
castings. It is reported to be the largest plant
of this kind in the world.
Net Earnings, 12/31/14......... _ $140,083
Wnt Or est sci 5.0 scecsr isis 6b: g beac 4s Se 51,764
Original Market—$600,000 offered in March,
1910, at 100 and interest by the Mercantile
Trust Co., St. Louis; $500,000 offered in January,
1913, at the same price.
Market.
St. Louis—Mercantile Trust Co.
SEA. BEACH RAILWAY Ist 4s. Due Sept. 1,
Dated Sept. 1, 1896. Interest payable Mar.
and Sept. 1, at 85 Clinton St., Brooklyn.
Authorized and Outstanding—$650,000.
Denomination—Coupon, $1,000.
Trustees—W. M. Grinnell, W. O. Platt and
Wm. Marr.
Control—Absorbed by the New York Con-
solidated Ry. Co. Practically all of the stock
of this company is owned by the Brooklyn Rapid
Transit Co.
Secured by a first mortgage on seven miles of
double track electric railway from Bay Ridge at
65th St., (Brooklyn, N. Y.) to Coney Island.
Net Earnings, N.Y. C. Ry. Co.
6/30/14 $3,817,079
Interest... .. 1,974,952
Rentals 'ijcoc0 cccouiae dared hewn 106,776
Market.
New York—Leonard F. Hepburn, Gilman &
Clucas, McGeorge & Vanderhoef, Wm. A. C.
Ewen, H. G. Einstein & Co., Williamson & Squire,
Low, Dixon & Co., H. N. Whitney & Sons.
SEABOARD & ROANOKE RAILROAD CO.
1st 5s. Due July 1, 1926.—N.
See Map 113. : .
Dated July 1, 1886. Interest payable Jan.
and July 1, at office of Blair & Co., 24 Broad St.,
New York.
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mercantile Trust &
Baltimore. ‘
Control—Merged into the Seaboard Air Line
ye
Assumed by the Seaboard Air Line Ry.
Secured by a first mortgage on (2) 81 miles of
road from Portsmouth, Va., to Weldon, N. C.,
and branch. This road affords the S. A. L. Ry.
access to tidewater on Hampton Roads. These
bend are outstanding at the rate of $30,900 per
mile. ‘
Underlies—$65,800,000 S. & R. Deb. 6s and
. A. L. 1st 4s, Adjustment 5s, Refg. 4s and
notes.. Bonds are reserved’ under the latter
mortgage to retire this issue.
Legal for Balt.
Listed on, New York and Baltimore Stock
Exchanges. :
Market.
New York—Wood, Struthers & Co., Jas. B.
Colgate & Co., Hartshorne & Picabia, Coffin &
Co., Clark, Dodge & Co., Korn, Lehman & Co,
Redmond.& Co., Tobey & Kirk.
Baltimore—Baker, Watts & Co., J. Harmanus
Fisher & Son, Poe & Davies, J. S. Wilson, Jr.,
& Co., Jenkins, Whedbee & Poe, Mackubin,
Goodrich & Co., Nelson, Cook & Co., Townsend
Seott & Son, Riggs & McLane, Hambleton & Co.
Sutton & Co., B. Warren Corkran & Co.
Philadelphia—Chas. Fearon & Co.
SEABOARD & ROANOKE RAILROAD CO.
Registered Deb. 6s. Due after Aug. 1 1916
as a Whole or in Ten Equal Annua) Instal-
. ments.—N.
_ See Map 113.
Dated Aug. 3, 1886.
and Aug. 1.
Deposit Co.,
Interest payable Feb.
761
Authorized—$690,000.
Outstanding—$285,000.
Deposited under 1st Mortgage—$405,000.
Denomination—Registered, $100.
Control—See 1st 5s above.
Assumed by the Seaboard Air Line Ry.
Secured by a second mortgage on (2) 81 miles
of road from Porstmouth, Va., to Weldon, N. C.,
subject to a prior lien at the rate of $30,900 per
mile. These bonds are outstanding at the rate
of $8,500 per mile. : ,
Prior Lien—$2,500,000 1st 5s.
Underlies—$65,500,000 S. A. L. 1st 4s, Adj.
5s and Refg. 4s. Bonds are reserved under the
Refg. mortgage to retire this issue.
Listed on the Baltimore Stock Exchange.
arket.
Baltimore—Poe & Davies, Strother, Brogden
oO.
SEABOARD AIR LINE RAILWAY COMPANY.
Incorporated in Virginia in 1900. In Jan., 1908,
on the application of the company, receivers
were appointed, who operated the property until
1909, when, the finances of the company having
been readjusted, the property was returned to
the company for operation.
.The company owns 3,016 miles of road from
Richmond and Norfolk, Va. to Columbia, S.
Car., Savannah, Ga., and Jacksonville and
Tampa, Fla., with branches to Wilmington and
Durham, N. C., Atlanta, Columbus and Albany,
Ga.; Birmingham and Montgomery, Ala., and
numerous points in North and South Carolina,
Georgia, Florida and Alabama.
The Seaboard Air Line Ry. Co. has out-
standing $25,000,000 4% non-cumulative pre-
ferred stock, entitled to 2% extra after common
stock has received 4%, and $37,500,000 common
stock. Quarterly dividends of -1% each were
paid from November 1, 1913 to August 1, 1914,
when they were discontinued. :
The company has outstanding $103,630,000
bonds secured on the ‘railroad owned by it.
These bonds are outstanding at the rate of $84,-
000 per mile. :
Report for years ended: June 30. Bs. 09
1913-14 1912-13
Gross earnings.: $25,291,758 $24,527,865
Net earnings... . 7,980,363 7,802,252 °
Net income.:... 6,818,152 6,642,411
*Interest....... 4,143,936 3,906,558
Miscellaneous. . . 308,125 267,9:
Dividends...... 955,764 =...
Surplus...... $410,327 $1,467,983
*Includes $1,250,000 interest on income bonds.
SEABOARD AIR LINE RAILWAY CO.—At-
lanta & Birmingham Division Co. Ist 4s.
Due May 1, 1933.—F.
See Map 113.
Dated May 1, 1903. Interest payable March
1 and Sept. 1, at Company’s office, New York.
Authorized—$10,000,000.
Outstanding—$5,910,000. (No more bonds
shall be issued, unless they are pledged under the
Refg. mortgage). ;
Denomination—Coupon, $1,000.
as to principal. ;
Trustee—Columbia Trust Co., New York.
Assumed by the Seaboard Air Line Ry. Co.
Organization—Merged into the Seaboard Air
Line Ry. Co.
Secured by a first mortgage on (8) 219 miles of
road from Birmingham, Ala., to Howells Ject., Ga.,
outside of Atlanta, Coal City to Pell City, Ala.,
Tredegar to Jacksonville, Ala., Rockmart to
Cartersville, Ga.,° and branches. This ‘road
affords the Seaboard Air Line Ry. an entrance
into the Birmingham coal and iron territory.
These bonds are outstanding at the rate of $27,000
per mile. . 3
Underlies—$48,800,000 Seaboard Air Line Ry.
Registerable
Co. Ref. 4s of 1959, under which bonds are re-
fone to retire this issue and Adj. Income 5s of
1949.
Legal for Cal.
Listed on the New York Stock Exchange.
Market. :
New York—Plympton, Gardiner & Co.,
McGeorge & Vanderhoef, J. S. Bache & Co.,
Bigelow & Co., L. M. Prince & Co., H. N.
Whitney & Sons, Korn, Lehman & Co., Newborg
& Co., Didrichsen’& Co., Coffin & Co., Redmond
& Co.
open nena & Co., C. D. Barney
‘0.
St. “‘Louis—Bowman, Cost & Co.
Bulamore—Townsend Seott & Son, Hambleton
0.
SEABOARD AIR LINE RAILWAY Ist 4s. Due
April 1, 1950.—F.
See Map 115. :
Dated April 1, 1900. Interest payable: April
and Oct. 1, at office of Blair & Co., 24 Broad St.,
New York. _ :
‘Authorized—$75,000,000. = sof
Outstanding — $12,775,000. Any additional
bonds which may be issued are to be deposited
under the Refg. mortgage.
. Deposited under Refg. Mortgage—$27,000,000.
’ Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000 and multiples. . f
Trustee—The Continental Trust Co. of Balti-
more.
Redeemable on any interest date ac par and
interest upon three months’ notice. .
Secured by a first mortgage on (1) 240 miles of
toad from Richmond, Va., to Norlina, N. C.,
Hamlet, N. C., to Columbia, S. C., and branches;
a second mortgage on (2) 1,458 miles of road from
Norlina to Hamlet, N. C., Columbia, S. C., to
Yulee, Ga., Rutherfordton to Wilmington, N. C.,
Monroe, N. C., to Howells, near Atlanta, Ga.,
Savannah to Meldrim, Ga., and Lyons, Ga., to
Montgomery, Ala., Columbus to Albany, Ga.,
and numerous branches, subject to prior liens at
the average rate of $13,800 per mile; a: third
mortgage on (3) 177 miles of road from ‘Ports-
mouth, Va.,to Weldon, N..C., and branch, Plant
City to Tampa, Fla., Archer to Early Bird, Fla.,
Tavares to Orlando, Fla., and branches, subject
to prior liens at the average rate of $15,000 per
mile, and a fourth mortgage on (4) 574 miles of
road from Yulee, Ga., to Jacksonville, Fla.,
Ferdinanda to Plant City, Fla., Jacksonville to
River Jct., Fla., and branches, subject to prior
liens at the rate of $11,400 per mile, These
bonds are secured on all of the important lines
owned by the company except the road between
Atlanta and Birmingham. They cover 2,449
miles of road and are outstanding in the hands
of the public at the rate of $5,200 per mile, or
$16,300 per mile if bonds deposited under the
Refunding mortgage are included. .
Prior Liens—$37,000,000 bonds of absorbed
companies. be
‘Underlies—$58,800,000 Refg. 4s, Adj. 5s and
notes. Bonds are reserved under the Refg.
Mortgage to retire this issue. ‘ u
Legal for Cal. - : a .
Listed on the New York, Philadelphia,: Balti-
more and Richmond Stock Exchanges.
Market.
New York—Wood, Struthers & Co., Sutro
Bros. & Co., L: M. Prince & Co., McGeorge &
Vanderhoef, J. S. Bache & Co., Markoe, Morgan
& Whitney, Redmond & Co., Herrick & Bennett,
E. C. Randolph, Low, Dixon &.Co., A. M.
Kidder & Co., Jas. B. Colgate & Co. : :
Baltimore—Alex. Brown & Sons, Poe & Davies,
Nelson, Cook & Co., Jenkins, Whedbee & Poe,
Strother, Brodgen & Co. sa
Boston—L. Sherman Adams. .
762
SEABOARD AIR LINE RAILWAY Ref. 4s.
Due Oct. 1, 1959.—F.
See Map 116.
Dated Oct. 1, 1909. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York.
Authorized—$125,000,000. :
Outstanding—$23,000,000.
Deposited as Security for $5,000,000 Notes—
$10,000,000.
Denomination—Coupon, $100,$500 and $1,000.
Registerable as to principal only. Registered,
$1,000, $5,000, $10,000 and multiples of $10,000.
The $500 and_ $1,000 coupon bonds are fully
registerable. C.&R. bonds of the denomination
of $500 and $1,000 are interchangeable.
Trustees—New York Trust Co. and Mortimer
N. Buckner.
Redeemable as a whole on any interest date at
105 and interest upon 90 days’ notice.
Secured by a first mortgage on (1) 208 miles of
road from Dickinson to Oxford, N. C., Spence to
Great Falls, S. C., Tallahassee to Covington,
Fla., Plant City to Welcome, Fla., Stark to
Wannee, Fla., and other branches in Florida,
a second mortgage.on (3) 525 miles of road from
Birmingham, Ala., to Howells, Ga. (near At-
lanta), Richmond, Va., to Norlina, N. C.,
Hamlet, N. C. to Columbia, S. C. and branches,
subject to prior liens at the rate of $15,100 per
mile, a third mortgage on (4) 1,458 miles of road
from Norlina to Hamlet, N. C.; Columbia, S. Cz
to Yulee, Ga., Rutherfordton to Wilmington,
N. C., Monroe, N. C. to Howells, Ga. (near
Atlanta), Savannah to Meldrim, Ga., Lyons,
Ga., to Montgomery, Ala., Columbus to Albany,
Ga., and branches, subject to prior liens at the
rate of $19,000; a fourth mortgage on (5) 177
miles of road from Portsmouth, Va., to Weldon,
N. C. and branches in Florida, subject to prior
liens at the rate of $20,400 and a fifth mortgage
on (6) 574 miles of road from Yulee, Ga. to
Jacksonville and Plant City, Fla., and numerous
branches in Florida, subject to prior liens at
the rate of $16,600 per mile. Further secured
by a first lien on leasehold interest in (2) 57 miles
of road from Meldrim to Lyons, Ga. (Prior
liens do not include $27,000,000 1st 4s deposited
as security for this issue). These bonds are
secured on 2,942 miles of road, including
practically the entire mileage owned by the
company, at the rate of $11,200 per mile. They
are also secured by a first lien on $27,000,000 1st
4s, and a lien on various other stocks and bonds
of subsidiary companies. The mortgage provides
that all bonds to be issued under the First
Mortgage shall be deposited hereunder.
. aa Liens—$49,775,000 1st 4s and divisional
onds.
Underlies—$30,000,000 Adj. 5s and notes. .
Listed on the New York, London and Amster-
dam Stock Exchanges.
Original Market—$19,000,000 offered in April,
1911, by Blair & Co., and Ladenburg, Thalmann
& Co., New York, at 83) and interest.
" Market.
‘New York—N. W. Halsey & Co., McGeorge
& Vanderhoef, L. M. Prince & Co., H. N. Whitney
and Sons, H. P. Taylor & Co., Jas. B. Colgate &
Co., Knauth, Nachod & Kuhne, Robinson &
Co., J. S. Farlee & Co., Blair & Co., Ladenburg,
Thalmann & Co., Redmond & Co., Seasongood
& Haas, Simon Borg & Co., H. D. Robbins.
Philadelphia—Mellor & Petry, Henry & West:
Baltimore—Mackubin, Goodrich & Co., Mid-
dendorf, Williams & Co., Nelson, Cook & Sons,
Townsend Scott _& Son. :
Chicago—N. W. Halsey & Co., First Trust
& Savings Bank.
Buffalo—H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
SEABOARD AIR LINE RAILWAY Adjustment
5s. Due Oct. 1, 1949.—F
Dated October 1, 1909. “Interest payable,
if earned, on Feb. 1, and Aug. 1, from Aug. 1,
1910, at office of Blair & Co., 24 Broad Street,
New York City. Cumulative from Nov. 1, 1909,
and payable in installments of not less than 114%.
Authorized—$25,000,000.
Outstanding —$25,000,000.
Denomination—Coupon, $1,000.
as to principal. 7
Trustees—Fidelity Trust Co., Baltimore, and
Van Lear Black.
Redeemable as a whole at par and interest on
any interest date upon 90 days’ notice.
Secured by a lien junior to that of the Re-
funding Mortgage on the property described
under that issue above. These bonds are
secured by a second mortgage on (1) 208 miles of
road, subject to prior liens at the rate of $11,-
200 per mile, a third mortgage on (3) 525 miles of
road, subject to prior liens at the rate of $16,200
per mile, a fourth mortgage on (4) 1,458 miles of
road, subject to prior liens at the average rate
of $30,200 per mile, a fifth mortgage on (5) 177
miles of road, subject to prior liens at the rate of
$31,400 per mile and a sixth mortgage on (6) 574
miles of road subject to prior liens at the rate of
$27,800 per mile. Further secured on second
lien on leasehold interest in (2) 57 miles of
road. These bonds are secured on 2,942 miles
of road, including practically the entire mileage
owned, at the rate of $8,500 per mile. :
Prior Liens—$82,775,000 1st 4s, Ref’g 4s and
divisional bonds (Including $10,000,000 Ref’g
4s deposited as security for $5,000,000 notes).
Listed on the New York, Richmond (Va.) and
London Stock Exchanges.
Market. .
New York—F. J. Lisman & Co., H. N. Whitney
& Sons, Blair & Co., Ladenburg, Thalman & Co.,
J. B. Colgate & Co., Davies, Thompson & Co.,
L. M. Prince & Co.
Registerable
SEABOARD AIR LINE RAILWAY CO. 5%
Notes. Due Mar. 1, 1916.—F.
Dated March 1, 1913. Interest payable March
1, and September 1, at Blair & Co., 24 Broad St.,
New York.
Authorized—$6,000,000.
Outstanding—$5,000,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at par and interest on any
interest date.
Secured by the deposit of $10,000,000 Refund-
ng 4s. The Railway Co. covenants that should.
the market value of these bonds fall below the
point where the market value of the collateral
is equivalent to at least $1,316 for each $1,000 of
notes, then enough additional Refunding 4s will
be deposited with the Trustee to, bring the ratio
back to that figure.
Original Market—$5,000,000 offered by the
National City Bank and Potter, Choate & Pren-
tice, New York, in 1913, at 98 34 and interest.
i Market.
New York—Bull & Eldredge, Potter, Choate &
Prentice, Alfred R. Risse, Seasongood & Haas,
Salomon Bros. & Hutzler, Hornblower & Weeks.
Cincinnati—Fifth-Third National Bank.
Baltimore—Nelson, Cook & Co.
Philadelphia—Graham & Co.
SEABOARD AIR LINE RAILWAY CO. Equip.
5s, Series ‘‘G.”” Due $88,000 each June
and Dec. Ist to June 1, 1916, inclusive.—F.
Dated June 1, 1906. Interest payable June
and Dee. 1, at Trustee’s office, New York.
Authorized—$1,760,000.
Redeemed—$1,496,000.
Outstanding—$264,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Secured by an equipment trust agreement on
40 locomotives, 435 box cars and 1,000 drop-
763
bottom gondola cars, costing $2,106,750, of which
$346,750 was paid in cash.
See Series “E.” wee
SEABOARD AIR LINE RAILWAY CO. Equip.
5s, Series ‘‘I.’ Due $65,000 each May
‘and Nov. Ist to May 1, 1917, inclusive.—F.
Dated May 16,1907. Interest payable May
and Nov. 1, at Trustee’s office, Philadelphia.
Authorized—$1,300,000. :
Redeemed—$1,040,000.
Outstanding—$260,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Provident Life & Trust Co., Phila-
delphia.
Secured by an equipment trust agreement on
10 vestibule passenger cars, 500 gondola cars,
1,000 box cars and 50 ballast cars, costing $1,-
19,502.50 of which $419,502.50 was paid in cash.
Market.
See Series ‘“‘E.”
Registerable
~ ; .
SEABOARD AIR LINE RAILWAY CO. Equip.
5s, Series ‘‘J.” Due $45,000 each June
and Dec. Ist to June 1, 1917, inclusive.—F.
Dated June 1, 1907. Interest payable June
and Dee. 1, at Trustee’s office, New York.
Authorized—$900,000.
Redeemed—$675,000.
Outstanding—$225,000. i
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Secured by an equipment trust agreement on
1,000 drop bottom gondola cars,-costing $1,138,-
750 of which $238,750 was paid in cash.
; Market...
See Series ‘‘E’’.
SEABOARD AIR LINE RAILWAY CO. Equip.
5s, Series ‘“‘L.”” Due $69,000 each June
and Dec. 15th to Dec. 15, 1919, inclusive.—F.
Dated December 15, 1909. Interest payable
June and Dee. 15, at Blair & Co., New York.
Authorized—$1,380,000. | ae
Redeemed—$690,000. .
Outstanding—$69 0,000.
Denomination—Coupon, $1,000. :
»,, Trustee—New York Trust Co., New York.
Secured by an equipment trust agreement on
20 locomotives, 1,000 ventilated box cars, 25
stock cars, 5 express cars, 7 combination mail
and baggage cars, 3 vestibule passenger cars, 1
pile driver, 2 steam wrecking cranes and one
unloader, costing $1,564,209 of which $184,209
was paid in cash.
Market.
See Series ‘“‘E.”
SEABOARD AIR LINE RAILWAY CO. Equip.
44s, Series ‘‘N.”” Due $75,000 each Feb.
end Aug. 15th to Aug. 15, 1921, inclusive.
Dated September 6, 1911. Interest payable
Feb. and Aug. 15, at Blair & Co., New York.
Authorized—$1,500,000. ‘
Redeemed—$525,000.
Outstanding—$975,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Redeemable as a whole on any interest date
at 10214 and interest, on 30 days’ notice.
Secured by an equipment trust agreement on
5 1 tives, 9 p and b mail
and express cars, 1,000 box cars, 200 steel phos-
phate cars and 30 cabooses, costing $1,775,650 of
which $275,650 was paid in cash.
Original Market—Offered in 1911, by Blair &
Co., New York.
Market.
See Series “E.”
SEABOARD AIR LINE RAILWAY CO. Equip.
414s, Series ‘‘O.” Due $103,000 each Jan.
and July 15th to July 15, 1922, inclusive.
Dated July 15, 1912. Interest payable Jan.
and July 15, at Trustee’s office.
Authorized—$2,060,000.
Outstanding—$1,555,000.
Redeemed—$505,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New, York.
Redeemable as a whole at .102}4. and interest
on any interest date, on 40 days’ notice.
Secured by an equipment trust agreement on
26 locomotives, 10 passenger coaches, 6 dining
ears, 14 combination passenger and baggage,
and mail and baggage cars, 3 express cars, 2
steam cranes, 1,000 box cars, 200 coal cars and
25 caboose cars, costing $2,300,581 of which
$240,581 was paid in cash. _ :
Original Market—Offered in 1912, by Wm. A.
Read & Co., New York.
Market.
See Series “E.”
SEABOARD AIR LINE RAILWAY CO. Equip.
, 5s, Series “‘P.”” Due $95,000 each Feb.
and Aug. 15 to Aug. 15, 1923, inclusive.—F.
Dated August 15, 1913. Interest payable
Feb. 15 and Aug. 15, at Blair & Co., 24 Broad
St., New York.
Authorized—$1,900,000.
Outstanding—$1,625,000.
Redeemed—$275,000. | ;
Denomination—Coupon, $1,000. ‘
Trustee—Equitable Trust Co., New York.
Redeemable as a whole at 10244 and interest
on any interest date. ;
Secured by an equipment trust agreement on
46 locomotives, 10 steel passenger cars, 5 dining
cars, 2 express cars, 500 box cars, 250 flat cars,
and 250 coal cars, costing $2,373,282 of which
$473,282 was paid in cash. a
Original Market—$1,900,000, offered in July,
1913 on a 6% basis by Brown Bros. & Co., New
York, Philadelphia, etc., and the * Equitable
Trust Co. and Kean, sed & Co., New York.
arket.
New York—Struthers & Hiscoe, Coggeshall &
Hicks.
SEABOARD AIR LINE RAILWAY Equip. 5s.
Due $72,000 each Jan. 1 and July 1, to July
1, 1924.
Dated July 1, 1914. Interest payable Jan.
1 and July 1, in New York and Philadelphia.
Authorized—$1,440,000. - ane
Outstanding—$1,368,000.
Balance Retired.
Denomination—Coupon, $1,000. 7
Trustee—Girard Trust.Co., Philadelphia.
Secured by an equipment trust agreement on
45 steel passenger cars, 325 steel underframe
ventilated box cars and 25 locomotives costing
$1,600,000, of which $160,000 was paid in’ cash.
Original Market—$1,440,000 offered in June,
1914, by Harris, Forbes & Co., New York; N.
W. Harris & Co., Boston, and Harris Trust &
Savings Bank, Chicago, on a 344% to 4.55%
basis for 1915 to 1917 maturities, and on a 4.60
basis for other maturities.
SEACOAST RAILROAD CO. Prior, Lien 5s.
Due April 1, 1948.—F.
See Map 104. oy :
Tax exempt in New Jersey. Sn Abas Gad
Dated April 30, 1898. Interest payable April
and Oct. 1, at Reading Terminal, Philadelphia.
Authorized and Outstanding—$350,000...
Denomination—Coupon, $1,000 and, $100.
Registerable as to principal. .
Trustee—Girard Trust Co., Philadelphia.
Control—Absorbed by the Atlantic City R. R.
Co., which is controlled by the Reading Com-
764
pany through ownership of practically the entire
capital stock. :
Guarantee—The A.C. R.R. Consol. 4s are
paaraniee? principal and interest by the Reading
‘o., by endorsement.
Secured by a first mortgage on (3) 66 miles of
toad from Winslow Jct. to Cape May, N. J. an
from Tuckahoe to Sea Isle City, N. J. This
road affords the Reading System access to the sea-
shore resorts of New Jersey south of Atlantic
City. These bonds are outstanding at the rate of
$5,300 per mile.
Underlies—$1,900,000 Seacoast R. R. Series
“A” Gen. 5s, Series “‘B” 5s of 1948; and Atlantic
City R. R. 1st Cons. 48 of 1951. Bonds are
reserved under the latter mortgage to retire this
issue.
Net Earnings A. C. R. R. Co.
G/BO/1E. . ieceisiee oa Saas Fee cae $118,099
Interest: iaies sate oicunscear amy 207,872
This 18S We 5 2 5 ecscse os sc exe ver stove ear ghects 182,565
Legal for Cal. and Me.
Market.
New York—J. A. Clark & Co., Coffin & Co.,
J. S. Bache & Co., Beyer & Co.
Philadelphia—Cassatt_& Co., Henry & West,
S. K. Phillips, Ervin & Co.,'Geo. S. Fox & Sons,
Reed & Huntoon, Graham & Co., Reed A. Mor-
gan & Co., C. J. Bender & Co. :
SEATTLE CONSTRUCTION AND DRY DOCK
CO. Ist & Gen. 6s. Due Jan. 1, 1922.—F.
. Dated January 1, 1912. Interest payable Jan.
and Say 1, at Bertron, Griscom & Co., New
ork.
Authorized—$1,250,000.
Outstanding—$1,000,000.
Denomination—Coupon, $1,000 and $100.
Registerable as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable at 10214 and interest on any in-
terest date.
Secured by a first mortgage on a new dry-dock
and second mortgage on remainder of plant at
Seattle, Wash., where the company is engaged
in shipbuilding.
Prior Lien—$1,500,000 4-434s of 1926 (4%
to 1916 and 414% thereafter). ; :
Net Earnings, 12/31/13 $174,638
AMLOreSt ce vis 5s aes Fs saa ie 138,935
Original Market—$1,000,000 offered in Feb.,
1912, by Bertron, Griscom & Jenks, New York
and Philadelphia, at par and interest with a
bonus of 50% in common stock.
arket.
New York—Farson, Son & Co., Gude, Winmill
Co., R. B. Hathaway & Co., Beyer & Co.,
. E.& C. Randolph, Gwynne Bros. & Co.
Minneapolis—Merriam & James.
(THE) SEATTLE ELECTRIC CO. 1st S. F. 5s.
Due Feb. 1, 1930.—N.
Dated February 1, 1900. Interest payable
Feb. and Aug. 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$4,103,000.
Held in Sinking Fund—$897,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Boston Safe Deposit & Trust Co.,
Boston. :
4 Redeemable at 110 and interest on any interest
ate.
Sinking Fund—1% annually of bonds certified,
payable Feb. 1st. . 7
Assumed by the Puget Sound Traction, Light
& Power Co.
Control and Management-—Absorbed by the
Puget Sound, Traction, Light & Power Co.,
which is under the management of Stone &
Webster. :
Secured by a first mortgage on plant supplying
electricity in Seattle, Wash., and a second mort-
gage on 193 miles of street railway track in
Registerable
765
Seattle and vicinity. Power is obtained froma
hydro-electric plant not covered by this mortgage,
but this mortgage is secured on four steam
generating plants. Population served, 275,000.
Railway franchise expires in 1934, electric
franchise in 1952.
The City of Seattle is now operating two lines
of street railway, and contemplates additions to
these lines. : :
Prior Liens—$385,000 Seattle Ry. Co. 1st 5s
of 1921.
Underlies—$13,500,000 Cons. & Ref. 5s of
1929 and Puget Sound T., L. & P. Co. 5s.
Net Earnings, P. S. T., L. & P. Co. ‘ ,
/ 3,443,966"
$
2,118,856 °'
i 1,894,756
Listed on the Boston and Louisville Stock
Exchanges.
, Original Market—Offered in 1900 at 9834 and
interest by Lee, Higginson & Co., Boston, New
ork, etc.
Market.
New York—Blodget & Co., Estabrook & Co.,
Parkinson & Burr, Lee, Higginson & Co., Harris,
Forbes Co., Berdell Bros., Foster & Adams,
J. H. Bache & Co., Jacobson & Friedman, Howe,
Norris & Co., J. Howell & Co., John D.
Curtis & Co., Gude, Winmill & Co., Kirkpatrick
& Lewis, Hotchkin & Co.
Baltimore—Sutton & Co., J. S. Wilson, Jr., &
Co., Baker, Watts & Co., Jenkins, Whedbee &
Poe, Owen Daly & Co., Mackubin, Goodrich &
Co., Alex. Brown & Sons, Smith, Lockhart & Co.,
Riggs & McLane.
Philadelphia—E. B. Smith & Co., Cassatt &
Co., Osear R. Dare, S. K. Phillips. __
Boston—Estabrook & Co., Lee, Higginson &
Co., James A. Hutchinson & Co., Walter S. Place,
N. W. Harris & Co., Inc., L. Sherman Adams,
F. B. Bassett & Co., Stone & Webster.
Chicago—Harris Trust & Sav. Bank.
Seattle, Wash.—Geo. H. Tilden & Co.
(THE) SEATTLE ELECTRIC CO. Cons. & Ref.
. F. 5s. Due Aug. 1, 1929.—F. '
Dated August 1, 1907. Interest payable Feb,
and Aug. 1, at Trustee’s office.
Authorized—$25,000,000.
Outstanding—$5,982,000. (Closed mortgage,
except as to $7,510,000 reserved for refunding).
Held in Sinking Fund—$406,000.
Cancelled by Sinking Fund—$1,344,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R.
interchangeable.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest August 1, 1912,
or on any interest date thereafter in amounts of
not less than $500,000 or smaller amounts for
sinking fund. .
Convertible—$1,185,000 of outstanding bonds
are convertible into common stock of the Com-
pany at 110 prior to August 1, 1912.
Sinking Fund—On and after Oct. 1, 1909, 1%
annually of the total amount of outstanding
bonds to be used in purchasing these bonds at
not over 105 and interest, or redeeming them on
or after Aug. 1, 1912.
Control and Management—See 1st 5s above.
Assumed by the Puget Sound Traction, Light
& Power Co. 7 .
Secured by a mortgage junior to that securing
the 1st 5s, on the property described under that
issue above. Further secured by a first lien on
all of the stock of the Puget Sound Power Com-
pany which owns the hydro-electric plant supply-
ing the company with power, subject to $3,000,-
000 bonds; and on all of the stock of the Seattle-
Everett Traction Co., which owns 65 miles of
interurban railway between Seattle and Everett,
Wash., principally on private right-of-way,
subject to $3,000,000 bonds. The railway fran-
chises expire in 1934, and the electric franchise
in:1952. The Seattle-Everett interurban line is
chiefly on private right-of-way; none of its fran-
ehises expire before 1950.
Prior Liens—$7,510,000 Seattle Electric Co.,
ee one Ry. Co. 5s, and Puget Sound Power
0. 5s.
Underlies—$7,500,000 vag. S.,T., L. & P. 5s.
Net Earnings, P. s. T., L. & P. Co.
12/31/14... . $8,448,966
' Interest and sinking fund...,.. 2,118,856
"DDIS 18SUC esos siics ea: einsaugis bm doapeis 1,783,856
Original Market—$1,500,000 offered in June,
1907, by Lee, Higginson & Co., N - W. Harris &
Co., Inc., and Estabrook & Co., New York, at
9214 and interest; $2,500,000 offered in) May,
1908, by the same firms at 9334. and interest, and
$2,721,000 offered in Jan., 1911, at 9824 and
interest. . . | Market.
New York—Harris, Forbes & Co., Lee, Hig-
ginson' & Co., Blodget & Co., Estabrook & Co.,
Jacobson & Friedman, Coffin & Co., Miller & Co.,
Hotchkin & Co., John D. Curtis "& Co., Gude,
Winmill & Co., Kirkpatrick & Lewis.
: Heston lee, Higginson & Co., W. L. Raymond
& Co., N. W. Harris & Co., Inc., Estabrook & Co. ag
Merrill, Oldham & Co., E. M. Farnsworth & Co.,
H. L. Nason & Co., Parkinson & Burr,.:Kidder,
Peabody & Co., Walter S.: Place, L. Sherman
Adams, F. B. Bassett & Co., Stone & Webster.
Baltimore—Mackubin, Goodrich & Co., Smith,
Lockhart & Co.-
’ Chicago—Harris: Trust &. Sav. Bank.
ee Morris & Co., E. B.
Smith & Co., S. K. Phillips, Osear R. Dare.
Louisville—J. W. & D. S. Green.
Seattle—Wnm. D. Perkins &.Co.
SEATTLE ELECTRIC CO.—Seattle-Everett 1st
‘5s. Due March 1, 1939.—F.
Dated March 11,1909. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$5, 000,000. .
Outstanding—$3, 069, 000 (Closed mortgage) -
Held in Sinking Fund—$31,00
Denomination
‘Authorized—$5, 000,000.
Outstanding—$1,646,000.
Denomination—Coupon, $500 and $1, 000. t
Trustee—Colonial Trust Co., Pittsburgh.
' Redeemable prior to Aug. 1, 1915, at 105 and
interest, thereafter at par and interest.
Control—A majority of the common stock is
ane by the American Water Works & Electric
O.
Secured by a. mortgage, on plants supplying
water to some twenty-five communities, located
south of Pittsburgh, Pa. Population _ served,
a ay
Due
160,000. Company. owns 280 miles of mains.
Prior Liens—$1,000,000 peng of absorbed
companies. -
Net Earnings, AISO/NS «aad Pe eaathe = Se
THterest ayeed cote fsa cba e OEE w+. 189,529
Original Market—First offered by Municipal
& Corporation Securities Con: BieD ne at
par and interest in May, 1906.
Market.
Pittsburgh—H. P. Taylor & Co., The Safe
Deposit & Trust Co., Moore, Leonard & Lewis.
hea D. Barney & Co.
New tore P. Taylor & Co. is
Buffalo—H. P . Taylor, & Co. '
782
SOUTH SHORE & BOSTON STREET RAIL-
WAY ist 5s. Due Aug. 1, 1919.—N.
Dated Aug. 1, 1899. Interest payable Feb.
and Aug.
1, at American Trust Co., Boston,
Mass: ° PEERS ook §
Authorized—$1,000,000. - -
Outstanding—$335,000. ,
Denomination—Coupon, $1,000.
Trustee—American Trust Co:, Boston, Mass.
Control—Absorbed by Bay State Street Ry.
which is controlled ‘by Massachusetts Electric
Hare
08.
Secured by a mortgage on 69 miles of street
railway. L
‘Prior. Liens—$265,000 bonds of absorbed
companies.
! ‘Net Earnings, Bay State St. Ry. Co.,
6/80/14. iscicce dommes gas $3,331,280
* [nteréstive :
Philadelphia—C. D.' Barney & Co., Mont-
gomery, Clothier & Tyler, Elkins, Morris & Co.,
Newburger, Henderson & Loeb, Barclay, Moore
&'Co., Cassatt '& Co., C. C. Harrison, Jr., & Co.,
B.'B. Smith & Co., Geo. S. Fox & Sons, Robt.
Glendinning & Co., Reilly, Brock & Co., Reed
A. Morgan & Co., Graham & Co., W.'H. New-
bold’s Son & Co. : i
Baltimore—W. W. Lanahan & Co., J. 8:
Wilson, Jr., & Co. eee ,
ce
SOUTHERN PACIFIC CO. 444% Eqnip. Certfs.
Series ‘“‘B.”. Due $261; 000 each Sept. 1
__ to Sept. 1, 1923. —F.
‘Dated Sept. 1, 1913. Interest payable March
land Sept.,1 at Dees s, office, or office of the
Company, 165 Broadway,
. Authorized—;$2,010,000.
Outstanding “$1, 80! 000.
Balance Retired.
Pa]
, Denomination—Coupon, $1, 000.. | Registerable
as to principal.
Trustee—Commercial Trust Co., Philadelphia.
Redeemable on Sept. 1, 1918, or any interest
date thereafter at 10244 and: interest.
Secured by an equipment trust agreement on
various equipment costing about $2,230,000 of
which $220,000 was paldin cash.,
arket.
Philadelphia—Graham & Co., Reed ‘A. Mor:
gan & Co.
mer York— eee? & Hicks, Freeman &
0. wfts
SOUTHERN PACIFIC CO. ; ‘Equip. 46, Series
**C.””_ Due $117,000 each Dec. Ist to 1924.
Dated June.1, 1914. ‘Interest payable June 1
and Dee. 1.
Authorized and Outstanding—31, 170, 000.
Denomination—Coupon,,. $1,000. Registerable
as to principal only.
' Trustee—Commercial Trust Co., Philadelphia.
‘Secured by an. equipment trust agreement
on 20 passenger and 10 switching locomotives,
50 steel passenger coaches and 24 electric motor
coaches,. costing about $1,380,000, of ‘which
$210,000 was paid in cash.
Original Market—Offered in Dec., 1914, by
Kuhn, Loeb & Co., New York.
SOUTHERN PACIFIC RAILROAD co.
Ref. 4s. Due Jan. 1, 1955.—-F.
See Map 118.
Dated Jan. 3, 1905. ‘Interest payable Jan.
and July 1,,at-165 Pant New York. .
Authorized—$160, 000,000.
Outstanding—$137,: 294, 000.
Cancelled by Sinking Fund—$114, 000.
Denomination—Coupon, :; $500 and’, $1,000.
Registerable as to- ‘principal,. or fully registerable.
Registered, $500 and, oe les. ,C. &R, inter-
changeable. -
Trustee—-Equitable Trust. 'Co.,, New York.,
Redeemable:at 105 ‘and interest on any interest
date upon three months! notice.
Sinking Fund—$12,000 per annum, from 1905,
to be applied to the purchase and redemption
of these: bonds, |.
Irganization and Control—Incorporated in
1902 in California. , All of the stock is owned.by
and the road leased for 50 years to the Southern
Pacific Co.
Guaranteed principal and interest. by the
Southern Pacific. Co. by endorsement. .
Secured by a first mortgage on (5) 723 miles of
Fond. from the east, bank of the Colorado River
at El Paso to Yuma, Ariz., from Napa Jct. to
Calistoga, Cal., Vallejo to Sacramento, Cal.,
Davis to Knight’ s Landing, Cal., and branches;
a second mortgage on (6) 2,366 miles of road from
Martinez. on San Bay via Exeter to
Famoso, Cal., Goshen Jet. to Yuma, Mojave to
The Needles, Los to San Pedro, Wood-
land to Tehama, Landing to Oroville,
and numerous branches, all in Caltorniss subject
to prior liens at the average rate of $3,900 per
mile, and a third mortgage on (7) 240 miles of
road from San Miguel to Saugus, | Cal., subject to
Pr ior liens at the rate of about, $16,50 30 per mile.
his mortgage covers the entire road owned by
the Southern Pacific R.R. Co., including the
only railroad into the City of San Francisco.
These bonds are outstanding at the rate of
$42,900 per mile. The road from Mojave to
The Needles, formerly leased to the Atchison,
ist
790
Topeka & Santa. ‘Fe Ry. ‘Co, was recently sold
o that company, subject to the lien of these
bon The road forms part. of. the main line
of the Atchison System into California.- ;
Prior Liens—$13,500,000 So. Pac. Branch. ‘Ist
6s of 1937; So. Pac, R. R. (of Gal.) 1st Cons. 6s
of 1937; Northern Ry, 1st 5s, of 1938; Northern
Cal,’ 1st 58 of 1929.
Net Boringe, (s. P.R.R.), °*%
BG BOP WA cc clea ad chug heen wan $17, 288, 146
Interest. 220665 eciias s
_ St. Louis—Francis Bro. & Co.
SOUTHERN RAILWAY CO. Dev, & Gen. 48,
exh
Due April 1, 1956.—F, |
See Map 123. , :
Dated April 18, 1906. Interest payable April
and Oct. 1, at J. P. Morgan & Co., New York.
Authorized—$200,000,000. ‘ ;
Outstanding—$61,333,000.
Deposited as Collateral—$16,667,000.
Held in Treasury—$15,456,000. ,
Denomination—Coupon, $1,000: Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York,
Secured by a first lien on (1) 436 miles of road
from Cayce to Hardeeville, S. C., Camden, S. C.,
to Marion, N. C., Birmingham via Parish to
Sheffield, Ala.; Macon, Ga., to Jacksonville,
Fla., Valdosta, Ga., to Palatka, Fla., and numer-
ous branches in North and South Carolina,
Georgia, Alabama and Mississippi, by the de-
posit of stocks and bonds of 12 subsidiary com-
panies; a second mortgage on (2) 1,437 miles of
road from Richmond to West ' Point, Va., Salis-
bury to Murphy, N.'C., Charlotte, N C., via
Columbia, S$, C., to Augusta, Ga., ‘Asheville to
Paint Rock, N. C., Atlanta’ to Ft. Valley, Ga.,
Knoxville to Middlesboro, Tenn., E. St. Louis
to Mt. Carmel., Ill., and numerous branches,
subject to a prior lien at the rate of $16,800 per
mile; a second lien on (3) 653 miles of road from
Charlotte, N. C., to Atlanta, Ga., Toccoa to
Elberton, Ga., High Pt. to Ashboro, N. C., Wins-
ton Salem to Mooresville, N. C., Cin. Sou. Jet.
792
to Louisville, Ky., Lawrenceburg to Lexington,
Ky., Versailles to Georgetown, Ky., Salisbury,
_N. C., to Norwood, N. C. and Danville to
Stuart, Va., and branch, by the deposit of bonds,
subject to the lien of the 1st Consol. Mortgage;
a second lien on 1,041 miles from Columbia to
Charleston, S. C., Kingsville to Camden, 8S. C.,
Augusta, Ga., to Branchville, S. C., Alston,
8. C,, to Biltmore, N..C., Macon, Ga., to Jack-
sonville, Fla., Valdosta, Ga., to Palatka, Fla.,
Chattanooga to the Mississippi-Alabama_line
near Riverton Jct., Ala., and from the Missis-
sippi-Tennessee line near Corinth, Miss.,, to
emphis, and-branch; by the deposit of bonds
which are secured by second mortgages on the
above mileage, and a second lien on 201 miles of
road from McDonough to Columbus, Ga., Keys-
ville to Clarksville, Va., and Augusta to Tennille,
Ga., by deposit of stocks of companies owning
the mileage, subject to bonds; a third mort-
gage on (4) 491 miles of road from Alexandria to
Round Hill, Va., Columbia to Greenville, 8. C.,
Austell, Ga., through Birmingham, Ala., to the
Alabama-Mississippi state line near Columbus,
Miss., a third lien on (5) 433 miles of road from
Mt. Airy to Sanford, N. C., Mississippi-Alabama
State line to Greenville, Miss., and branches,
a.fourth mortgage on (6) 818 miles of road from
Rome to Brunswick, Ga., Richmond, Va., to
Greensboro, N. C., Lynchburg, Va., to Dan-
ville, Va., Manassas to Harrisonburg, Va., an
branches; a fifth mortgage on (7) 625 miles o!
road from Bristol, Tenn.-Va., to Chattanooga,
Tenn., Cleveland, Tenn., to Selma and York, Ala.,
and branches, subject to prior liens at the rate
of $39,950, and an eighth mortgage on (8) 183
miles of road from Alexandria to Lynchburg, Va.,
subject to prior liens at the rate of $55,300 per
mile. Further secured by a first lien on $934,000
bonds and $4,600,000 stocks of various subsid-
iaty railroad and terminal companies, and a
second lien on $3,518,000 bonds and $16,372,500
stocks of subsidiary companies, subject to the
lien of the 1st Consol. Mortgage. |These bonds
are secured on the entire mileage operated by
the Southern Ry. Co. and some operated sepa-
rately, a total of 5,318 miles, on which mileage
they are outstanding at the rate of $14,500 per
mile. The bonds are further secured upon the
leasehold interest ‘in (9) 584 miles of road and
trackage rights over (10) 479 miles of road.
Note—On some of the lines on which these
bonds are described as a collateral lien, they are
also secured by a direct lien, junior to the col-
lateral lien. eee Cae
‘Prior Liens—$153,000,000 1st Consolidated
and divisional bonds, and bonds of companies
whose securities are deposited as collateral.
Legal for Cal. 5 :
Listed on the New York and Richmond Stock
Exchanges. : i s
Original Market—$21,333,000 offered in March
1909, by J. P. Morgan & Co., the First Nationa
Bank and the National City Bank, New York, at
79 and interest.: - ie :
Market.
New York—L. M. Prince & Co., H. N. Whit-
ney & Sons, Potter, Choate & Prentice, Guar-
anty Trust Co., Mackay & Co., Kissel, Kinnicutt
Co., Freeman & Co., Davies, Thompson & Co.,
Low, Dixon & Co. . «.” 7
St. Louis—Wm. R. Compton Co., Francis
Bro. & Co.
Boston—Edgerly & Crocker. Be ai
Chicago—Wm. R. Compton Co.
Baltimore—Hambleton & Co.
Philadelphia—F. P. Ristine & Co., Elkins,
Morris & Co., Graham & Co.
SOUTHERN RAILWAY CO. Ist Cons. 5s. Due
_. July 1, 1994.—F.
See Map 122. :
Dated October 2, 1894. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
793
Authorized—$120,000,000.
Outstanding—$68,779,000.
Held in Treasury—$154,200. 7
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable. Regis-
tered, $1,000 and multiples. C. & R. inter-
changeable. :
Trustee—Central Trust Co., New York. |
Secured by a first. mortgage on (1) 1,209 miles
of road from West Point to Richmond, Va.,
Clarksville to Durham, N. C., Greensboro to
Wilkesboro, N. C., Charlotte to Taylorsville,
N. C., Lula to Athens, Ga., Charlotte, N. C., via
Columbia, S._C., to Augusta, Ga., Atlanta to
Ft. Valley, Ga., Salisbury to Murphy, N. C.,
and numerous other branches; a first lien on (2)
410 miles from Danville to Louisville, Ky., and
branches to Elbert, Ga.; Ashboro, N. C., Lex-
ington and Georgetown, Ky., and other points
by deposit of bonds; a second mortgage on (3)
474 miles,of.road from Austell, near Atlanta,
Ga., via Birmingham, .Ala., to the Ala.-Miss.
State Line near Columbus, Miss., Columbia to
Greenville, S. C., and branches subject to prior
liens at the rate of $18,200 per mile, a second
jen on (4) 354 miles of road from Miss.-Ala.
State line near Columbus, Miss., to Greenville,
Miss., Miss.-Alabama State Line near Riverton
Jct., Ala., to Miss.-Tenn. State Line near Mid-
dleton, Tenn., and branches;, a third mortgage
on (5) 908 miles of road from E. St. Louis to
Mt. Carmel, Ill, Manassas to Harrisonburg,
Va., Richmond, Va., to Greensboro,.N. C.,
Lynchburg to Danville, N. C., Rome to Bruns-
wick, Ga., and branches, subject to prior liens at
the rate of $36,700 per mile; a fourth mortgage on
(6) 890 miles of road from Bristol, Tenn,-Va., to
Chattanooga, Tenn., Cleveland, Tenn., to Selma
and York, Ala., and Chattanooga to Memphis,
Tenn., except 34 miles in Mississippi, subject to
prior liens at the average rate of $28,400 per
mile; and,a.seventh mortgage on (7) 174 miles of
road from Alexandria to Lynchburg, Va., subject
to prior liens at the rate of $48,500 per mile. | As
described above these bonds cover 4,617 miles
of road, and are outstanding at the rate of $13,200
er mile. ey are further secured by a first
jen on $3,518,000. bonds and $16,372,500 stocks
of various companies; and on the leasehold in-
terest of the company in (8) 254 miles of road and
trackage rights over 167 miles of road. .
Note—In 1914 $5,500,000 bonds of the At-
lanta & Charlotte Air Line Ry. Co. formerly
deposited .under this mortgage, and through
which this mortgage was a first lien on 232 miles
of double-track road from Charlotte, N. C., to
Atlanta, Ga., were redeemed. These bonds had
been acquired with the proceeds of bonds :of this
issue, $4,653,000 Southern Ry. 1st Consol. 5s
having been issued in 1910 to acquire a like
mount of Atlanta & Charlotte Air Line Ry.
onds. Aion ag. Wore ath
The A. & C. Air Line Ry. Co.’s bonds were
redeemed with the proceeds from the sale of a
new issue of first mortgage bonds, secured on the
property of the company, and the cash so re-
ceived was handed over.to the Trustee under
the Sou. Ry. Co.’s 1st Consol. mortgage to be
expended on the property subject to that mort-
age. i , ,
. Aes a result of these transactions these. bonds
are no longer secured by a lien on the 232 miles
of main line into Atlanta, Ga.
Prior Liens—$52,000,000 bonds: of absorbed
companies. ies
Legal for Cal.
Underlies—$77,000,000 Dev. & Gen. 4s and
notes. cid : :
Listed on the New York and Richmond Stock
Exchanges. go te
Original Market—$2,000,000 offered in March,
1911, by Potter, Choate & Prentice, White, Weld,
& Co., and Kissel, Kinnicutt & Co., New York,
at a price to yield over 454%.
Market.
New York—J. S. Farlee & Co., Potter, Choate
& Prentice, Crawford, Patton & Cannon, Harts-
horne & Battelle, Kissel, Kinnicutt & Co., Rob-
inson & Co., Redmond & Co., White, Weld &
Co., Freeman & Co., Kean, Taylor & Co., Lee,
Hi yginson & Co., Newborg & Co., Low, Dixon
0., Guaranty Trust Co., Simon. Borg & Co.,
Halsey & Co., Struthers & Hiscoe, Free-
man & Co., J. J. Levenson, Tobey & Kirk, H. N.
Whitney & Sons, Harvey Fisk & Co., Season-
good & Haas, Wm. Salomon & Co., Alexandre
& Burnet.
Chicago—The. Peoples' Trust & Sav. Bank,
First National Bank, Kissel, Kinnicutt & Co.
Philadelphia—Graham & Co., Bioren & Co.,
. D. Barney & Co.
“Baltimore—Howard R,. Taylor & Co.
Omaha—City Trust Co.
SOUTHERN RAILWAY CO. Memphis Div. 1st
'_ 5s. Due July 1, 1996.—F.
See Map 120.
Dated iearets 4, 1898. Interest payable Jan.
and July 1, at J. P. Rees & Co., New York.
Authorized—33, 000,000.
Outstanding—$6, 883,0 00."
Denomination—Coupon, $1,000.
as to principal or fully registerable.
$1,000 and multiples.
Trustee—Guaranty Trust Co., New York.
Secured by a first mortgage on (7) 259 miles of
road from Memphis, Tenn., to the Tenn.-Miss.
State Line near Chewalla, Tenn.; Miss.-Ala.
State Line near Margerum to Ste henson, Ala.,
and branch to Somerville; and a first lien on (8)
34 miles of road from Miss.-Tenn. State Line
near Chewalla to the Miss.-Ala State Line
near Margerum, by deposit of a $900,000 bond,
and Le laa entire capital stock ($99, 400) of
the Memphis & Charleston Ry. of Miss., and
42 miles of road by deposit of all “ot the stocks
and bonds of the Memphis-Chattanooga Ry.
Co: This road affords the Southern Ry. its
only entrance into Memphis, Tenn. These
Bends are outstanding at the rate of $22,100 per
mule.
Underlies—$145,000,000 Sou. Ry. 1st Consol.
5s, Dev. & Gen. 4s and notes. -
Legal for Cal.
Listed on the Howe Stock Exchange.
et.
New York—Percy H. Bradshaw, Clark, Dodge
& Co., Korn, Lehman & Co., Effingham Lawrence
& Co., Pouch & Co., Redmond & Co., Berdell
Bros., Struthers & Hiscoe, Peck, Rasmus &
Registerable
Registered,
Truesdale, Wm. A. C. Ewen, Hartshorne &
eo Didrichsen & Co., Wood, Struthers &
°
SOUTHERN RAILWAY CO. Alken Branch Ist
4s. Due July 1, 1998.—
See Map 120.
Dated September 1, 1898. Interest payable
Jan. and July 1, at a an Morgan & Co., New York
Authorized—$200 000.
Outstanding—$150, 000. (Closed mortgage).
Denomination—Coupon, $500.
Secured by a first mortgage on (9) 24 miles of
road from Aiken to Edgefield, S.C. These bonds
are outstanding at the rate of $6,200 per mile.
Underlies—$145,000,000 the Southern Ry.
1st Consol. 5s of 1994, Dev. & Gen. ‘4s of 1956
and notes. Bonds are reserved under the latter
mortgage for the retirement of this issue.
Market.
New York—-W. A. C. Ewen, Spencer Trask
& Co., A. E. Fitkin & Co., Wm. C. Wilson.
SOUTHERN RAILWAY CO. Mobile & Ohio
4% Stock Trust Certificates.—F.
See Map 123.
Dividend Payments—April and Oct. 1, by
check from J. P. Morgan & Co., New York.
Outstanding—$5,670,200.
Trustee—Guaranty Trust Co., New York.
Secured by a first lien on an equal amount of
the $6,020,600 stock of the Mobile & Ohio R. R.
o. (11). :
Listed on the New York Stock Exchange.
SOUTHERN RAILWAY CO. 3-Year 5% Gold
Notes. Due Feb. 1, 1916.—N.
Dated February 1, 1913.
Feb. and Aug. 1, at New York.
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000.
Security—A direct obligation of the company
but not secured by a mortgage.
Original ‘Market-—Offered in 1913 by J. P.
Morgan & Co., New York, to holders of the old
5% notes maturing Feb. 1, 1918, at 9934 in ex-
change, at par, holders of the old notes receiving
therefor new notes and 14% in cash.
Interest payable
Market.
New York—Geo. H. Burr & Co., Seasongood -
Haas, Crawford, Patton & Cannon, l
Eldredge, Knauth, Nachod & Kuhne, Sieacewnee
& Appenzellar, Salomon Bros, & Hutzler, J. 8.
Bache & Co., Curtis & Sanger, Farson, Son & Co.,
Mackay & Co., A. Mestre & Co., Coggeshall &
Hicks, Jackson & Curtis, Rhoades & Co., Mor-
gan & Bartlett, Bigelow & Co., Kissel, Kinni-
cutt & Co., Alfred R. bee R. B. Hathaway &
Co., H. P. Taylor & Co., H. N. Whitney & Sons,
Hornblower & Weeks, John J. Levenson. |
Boston—F. S. Moseley & Co.
Philadelphia—Cassatt &'Co., Cale & Co.
ene P. Taylor & Co., E. B. Smith
Phillips.
a P. ‘Taylor & Co.
SOUTHERN RAILWAY CO. 3-Year Secured
5% Notes. Due March 2, 1917.—N.
Dated March 2, 1914. Interest payable
March 2 and September 2.
Authorized and Outstanding—$10,000,000.
woe ee $1,000, $5,000 and
Secured by a first lien on $16,667,000 Develop-
ment & General 4% bonds.
Market.
New York—Seasongood & Haas, Hornblower
& Weeks, John J. Levenson.
.SOUTHERN RAILWAY CO. 44% Equip. Tr.,
Series “‘L.”” Due $300,000 each Aug. and
Feb. 1, to Feb. 1, 1921, inclusive.—
Dated February i, 1906.. Interest payable
February and ‘August 1, at Trustee’s office,
Philadelphia.
Authorized—$9,000,000.
Redeemed—$5,100,000.
Outstanding —$3,900,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Fidelity Trust Co., Philadelphia, Pa.
Secured by an equipment trust agreement on
100 locomotives, 7,500 box cars, 1,000 steel coal
ears and 1,500 steel gondola cars, costing $10,-
279,845 of which $1,279,845 was paid in cash.
Original Market—Offered in 1906 by Lee,
Higginson & Co., Boston, on a 444% basis.
Market.
See Series ‘‘S.”’
SOUTHERN RAILWAY co. 44% Equip. Tr.,
Series ‘‘M.” Due $70,000 each Dec. and
June 1, to Jane 1, 1919, inclusive.—F
Dated June 1 ’ 1909. Interest payable June
and December 1, at cee 's office, Philadelphia.
Authorized—$1,4 00,000.
Redeemed—$700,000.
Outstanding—$700,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia. | -
Registerable
Registerable
794
Secured by an equipment trust agreement on
500 locomotives and 119 passenger cars.
Original Market—Offered in 1909 by Drexel
& Co., pbisce pila. and Potter, Choate & Pren-
tice, New York.
Market.
See Series ‘‘S.’
SOUTHERN RAILWAY CO. 414% Equip. Tr.,
Series “‘N.” Due $260,000 each October
and April 1, to April 1, 1920, inclusive.—F.
Dated April 1, 1910. Interest payable April
and October 1, at Trustee’s office, Philadelphia.
Authorized—$5,200,000.
Redeemed—$1,560,000.
Outstanding—$3,640,000.
Denomination—Coupon, $1,000.
as to principal,
.Trustee—Pennsylvania Company for Insur-
ances on Lives and Granting Annuities, Phila-
delphia.
Secured by an equipment trust agreement on
75 locomotives, 3,620 steel coal and coke
ears, 1,000 box cars, 150 stock cars and 10
Passenger and baggage cars, costing $6,532,535
of which $1,332,535 was paid in cash.
Original Market—Offered in 1910 by Potter,
Choate & Prentice, New York.
_Market.
Registerable
See Series ‘‘S.”
SOUTHERN RAILWAY CO. 414% Equip. Tr.,
Series “O.””_ Due $75,000 each Nov. and
May 1, to May 1, 1921, inclusive.—F.
Dated May 1, 1911. Interest payable May
and Nov. 1, at Trustee’s office, Philadelphia.
Authorized—$1,500,000.
Redeemed—$525,000.
Outstanding—$975,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Pennsylvania Company for Insur-
ances on Lives and Granting Annuities, Phila-
delphia.
Secured by an equipment trust agreement on
63 locomotives and 69 passenger service cars,
costing $1,836,885 of which $336,885 was paid in
cash.
Market.
See Series “‘S.’’
SOUTHERN RAILWAY CO. 434% Equip. Tr.,
Series “‘P.” Due $75,000 each June and
Dee ber 1, to D ber 1, 1921, inclusi
Dated December 1, 1911. Interest payable
June and December 1, at Trustee’s office, Phila-
delphia.
Authorized—$1,500,000.
Redeemed—$450,000.
Outstanding—$1,050,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Pennsylvania Company for. Insur-
ances on Lives and Granting, Annuities, Phila-
delphia,
Secured by an equipment trust agreement on
1,700 steel gondola cars, 500 steel underframe
box cars and 250 steel flat cars, costing $1,807,000
of which $307,000 was paid in cash.
Market.
Registerable
Registerable
See Series ‘‘S.”
SOUTHERN RAILWAY CO. 414% Equip. Tr.,
Series ‘‘Q.” Due $75,000 each June 1 and
December 1, to June 1, 1922, inclusive.—F.
Dated June 1, 1912. Interest payable June
land December 1, at office of Trustee.
Authorized—$1,500,000.
Outstanding—$1,125,000.
Redeemed—$375,000.
Denomination—Coupon, $1,000.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities, Philadelphia.
795
Secured by an equipment trust agreement on
45 locomotives, 36 passenger service cars, 42:
box cars and 100 flat cars, costing $1,808,130 of
which $308,130 was paid in cash.
, arket.
See Series ‘‘S.”’
SOUTHERN RAILWAY CO. 5% Equip. Trust,
Series ‘‘R.” Due $88,000 each February
15 en 15, to August 15, 1923, inclu-
sive.—fT.
Dated August 15, 1913. Interest payable
February 15 and August 15, at Trustee’s office.
Authorized—$1,760,000.
Outstanding—$1,496,000.
Redeemed—$264, 000.
Denomination—Coupon, $1,000.
Trustee—Pennsylvania Co. for Insurances on
Lives and Granting Annuities.
Secured by an equipment trust agreement on
25 locomotives, 1,220 steel drop bottom gondola
coal cars, 500 steel hopper bottom coal cars and
150 steel underframe stock cars costing $2,200,-
248 of which $440,248 was paid in cash.
Original Market—$1,760,000 offered in Au-
gust 1913 on a 534% basis by Potter, Choate &
Prentice. : .
Market. r
New York—Potter, Choate & Prentice,
Coggeshall & Hicks.
Philadelphia—Drexel & Co., Cassatt & Co.,
Henry & West.
SOUTHERN RAILWAY CO. Equip. Tr. 5%
Ctfs. Series ‘‘S.”” Due $215,000 each April
and Oct. 1, to April 1, 1924, inc. an
Dated April 1, 1914. Interest payable April
and Oct. 1, at office of Trustee.
Authorized—$4,300,000. —
Outstanding—$3,970,000.
Retired—$430,000. 2
Denomination—Coupon, $1,000. Registerable
as to principal. '
Trustee—Pennsylvania Co, for Insurances
on Lives and Granting Annuities, Phila.
Secured under terms of equipment lease
covering 45 Mikado type freight engines, 15
Pacific type passenger engines, 15 switching
engines, 3,250 thirty-ton steel underframe ven-
tilated box cars, 500 fifty-ton steel flat cars, 100
steel underframe stock cars, 25 steel underframe
oultry cars, 200 cabooses, 2 dynamometer cars,
Pp h 5 p baggage cars,
4 dining cars, 5 mail baggage cars and 5 baggage
express cars. Total cost of this equipment is
$5,422,885, of which $1,122,885 was paid in
cash by the railway company.
Market.
New York—E. & 'C. Randolph, Farson, Son
& Co., Brown Bros & Co., Alfred R. Risse,
Rhoades & Co., Freeman & Co., Coggeshall &
Hicks, Seasongood & Haas. C
' Philadelphia—Henry & West, Elkins, Morris
Co., E. B. Smith & Co., Robt. Glendinning &
Co., Reed A. Morgan & Co., E. W. Clark & Co.,
Henry & West, C. C. Harrison, Jr., & Co., Mont-
gomery, Clothier & Tyler, S. K. Phillips, Graham
& Co., C. D. Barney & Co., W. H. Newbold’s
Son & Co.
Boston—Baker, Ayling & Co.
SOUTHERN RAILWAY CO.-LOUISVILLE &
NASHVILLE RAILROAD CO. ‘‘Monon”
Collateral Trust Joint 4s. Due July 1,
1952.—F. ey
Dated, July_1, 1902. Interest payable on
coupon bonds Jan. 1 and July 1, at J. P. Morgan
& Co., New York; registered, Jan. 1, April 1, July
land Oct. 1. : e
Authorized—$15,500,000.
Outstanding—$11,765,000.
Denomination—Coupon, $1,000.
$1,000, $5,000, $10,000 and multiples.
Registered
~&R,
interchangeable. Coupon registerable as to
-principal. . :
“ ‘Trustee-—Guaranty Trust Co., New York.
Redeemable at 105 and interest any time in
lots of not less than ‘$1,000,000. No registered
bonds shall be called until all coupon bonds have
been called.
Secured ' by deposit: of $9,796,900 of the $10,-
500,000 Chicago, Indianapolis & Louisville Ry.
Co., common stock'and $3,873,400 of the $5,000,-
000 4% non-cumulative preferred stock. The
‘stocks aré. deposited at the rate of $78 per share
for common and. $90 per share for the preferred
stock. TheC.,I. &L. Ry. Co. owns 509 miles of
road and operates 108 miles additional, from Louis-
ville, Ky., to Michigan City, Ind., and Chicago, Ill.,
to Indianapolis, Ind. Dividends have been. paid
on the preferred stock since 1899, since 1900 at
the rate of 4% per annum. Dividends on the
common stock have been paid since 1902. Since
1910 the rate has been 344% per annum. In
1911-12 there was a deficit of $132,000 after
payment of the dividend and in 1912-13 a deficit
of $2,527.
Listed on the New York Stock Exchange.
Ist S. F. 6s. Due Sept. 1, 1936.—F.
‘Dated Sept. 1, 1911. Interest payable Jan.
and July 1, at Guaranty Trust Co., New York,
Continental & Commercial Trust & Savings
Bank, Chicago and Trustee’s office.
Authorized—$5,000,000.
Outstanding—$2,570,000. ; aft. pbs,
s,, In April, 1915, the California R. R. Commis-
sion authorized the company to,issue $300,000
‘additiona) bonds.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. a:
Trasteey—International Trust Co., Denver,
ol.
- Redeemable after July 1, 1918, at 105 and
interest. cee
Sinking Fund—Beginning Jan. 1, 1917, 20%
of the net earnings, after the deduction of fixed
charges, must be set aside as a sinking fund for
the purchase or redemption of these bonds at not
over 105 and interest. The company shall not
pay dividends on its capital stock in excess of
6% per annum, unless at the same time it shall
deposit with the trustee for the sinking fund a
sum equal to the aggregate amount of any divi-
dend so declared and paid in.excess of 6 %,, said
payment into the,sinking fund to be concurrent
with the payment of said dividend. |
_, Organization and, Control—Incorporated in
Colorado in 1911. Controlled and operated by
the Nevada-California,. Power Co. through
ownership of its entire capital stock. a
.. Guaranteed principal and interest, uncondi-
tionally, by the Nevada-California Power Co..
Secured by a first mortgage two hydro-electric
‘plants near, Bishop., Cal, and 236 miles three
wire transmission line from Bishop to San Ber-
nardino. Cal., steam generating plant.and dis-
tributing system in San. Bernardino, Riverside
and other towns in San Bernardino and River-
side Counties, Cal. .Population served, 50,000.
The population of the counties served is 135,000.
The franchises of the oe expire between
1961 and 1964, except in Inyo County, which
franchise expires in 1937.
. Net Earnings, 12/31/14.......... $276,311
“SI nterest, eb0s vaiiic eda xces alee) i 204,002
*Not including this issue. en
Original Market—$2,000,000 offered in July,
‘1912, by the Continental & Commercial’ Trust &
Savings Bank, Chicago; Ussing, Scoville & Co.,
Pittsburgh, and A. B. Leach & Co., New York,
at 100 and interest. Offered in June, 1914, by
Boettcher, Porter & Co., Denver, at 99 and
interest. . .
Market. ne
New York—Spitzer, Rorick & Co., A. B. Leach
796
& Co., Berdell Bros.,'Hotchkin & Co., Lee, Hig-
ginson & Co., Foster & Adams, J. A. Clark & Co.,
John D. Curtis & Co., Byrne & McDonnell.
’’ Philadelphia—O. B. Lansinger & Co., Chandler
& Co., Ussing, Scoville & Co., Robert D. Ghriskey
& Co., Osear R. Dare, Elkins, Morris & Co.,
Sweet, Causey, Foster & Co. -
Pittsburgh—Ussing, Scoville & Co.
Denver—Boettcher, Porter’ & Co., Gregg,
Whitehead & Co., Edwin M. Bosworth & Co.,
W.C. Packard. — ee aereke: /
‘% Toston sONers) Phillips & Co.; F. B. Bassett
0. ;
Los Angeles—Torrance, Marshall & Co.
Chicago—McCoy & Co., C. F. Childs & Co.,
Hulburd, Warren & Chandler.
SOUTHERN TRACTION CO. (PITTSBURGH,
PA.) Ist and Coll. Tr. 5s. Due Oct. 1, 1950.
Tax exempt in Pennsylvania. .
Dated Oct. 1, 1900. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$4,000,000. i
Outstanding—$3,875,000.
Denomination—Coupon, $1,000. |
as to principal. poate
Trustee—Union Trust Co., Pittsburgh. - .
Organization and Control—Incorporated in
1900 in Pennsylvania. Name changed to Pitts-
burgh Rys. Co. in 1901. Operates all of the
street railway properties of the ' Philadelphia
Company in and around Pittsburgh, Pa. All
of the stock is owned by-the Philadelphia Co.
In 1913 the company sold its’ power plant to the
Duquesne Light Co., another subsidiary of the
Philadelphia Company, and is now’ buying
power from that company. Eee i
Secured by a third mortgage on street rail-
way lines from Seventh Street on Penn. Ave.
to Water. St. over the Point Bridge to Carson
St.to western boundary of city; on Fifth Ave.
from’ Market St. to Penn. Ave.; on Carson St.
from Smithfield St. Bridge to the Point Bridge;
‘on Steuben: St. from Carson St. to’ Chartiers
Ave,;' on ‘Main St. from Carson St. to Wabash
Ave. to Woodville Ave. to Woodstock St. and
on McCartney St. from Wabash St. to Nobles-
town Road to City Line. Further secured by
a first lien on 49,864 of the 50,000 shares of pre-
ferred stock and 49,444 of the 50,000 shares of
ommon''stock of the West End Traction Co.,
which controls the road described above; the
entire capital stock, 120 shares of the Virginia
Ave. St. Ry. Co., owning road on Virginia
Ave. from Kearsarge St. to Shiloh St. (in 19th
Ward of Pgh.), entire capital stock, 100 shares,
of the Carnegie Bridge Co., and the entire cap-
ital stock issues of the following companies,
which have never built or operated any roads,
or obtained any frarichises: ‘McKees Rocks &
Ingram St. Ry. Co., 400 shares; McKees ‘Rocks
& Neville’s Island St. Ry. Co., 300:shares; Craf-
tun & Chartiers Valley St. Ry. Co., 120 shares;
and Pittsburg, Banksville & Mt. Lebanon St. Ry.
Co., 400 shares. Further secured by the ‘sec-
ond lien on the following stocks, in each case
the entire issue, subject to the West End Trac-
tion Co.’s General'5s; 30,000 shares Pittsburgh
& West End Passenger Ry. Co., which owns the
road described in the first paragraph above,
subject_to $343,000 bonds; 2,000 shares Pitts-
burgh, Neville Island & Coraopolis St. Ry. Co.,
which owns the’street railway from Pittsburgh-
McKees Rocks boundary in McKees Rocks on
Munson St. ‘to Catherine St. to Helen St. to
George St. to Island Ave. (Stowe Township) to
Neville Island, across Island from north to south
and over bridge to mainland, and to Coraopolis,
also on Chartiers Ave. (in McKees' Rocks) to
Singer St. to Dorman St. to Broadway to’ Park
St. to Chartiers Ave,, the above described 'rail-
way being free from debt; 10,000 shares Pitts-
burgh, Neville Island & Coraopolis St. Ry.‘Co.
Registerable
owns street railway from Stueben St. on Chartiers
Ave. (20th ward, Pittsburgh) through Ingram
and via Idlewood Ave. (Crafton) and Main St.
to Carnegie, and on Noblestown Road from the
Pittsburgh City Line (20th Ward) to junction
with above line at Ridge Ave. and Bradford
Ave. in Crafton, subject to $180,000 bonds. (for
detail of route, see description of that iowa):
600 shares Carnegie, Heidelberg & Bridgeville
St. Ry. Co., owning a street. railway from Car-
negie to- Heidelberg and Bridgeville; 240 shares
West End, Mt. Washington & Banksville St.
Ry., owning street. railway from Woodville Ave.
on Woodstock St. (20th Ward, Pittsburgh) to
Woodruff Ave. to Kearsarge St. (19th Ward),
and 229 shares Coraopolis & Neville Island
Bridge Co., owning a bridge, over the Back
Channel of the Ohio River at the north end: of
Neville Island. The lines on which these. bonds
are secured include practically all of those south
of the Ohio River and west of the Junction of
the Monongahela and Allegheny Rivers, as well
as an important line into the heart of Pittsburgh.
There is no provision in the mortgage prohibit-
ing the companies whose stocks are deposited
hereunder from mortgaging their properties.
Prior Liens—$1,500,000 bonds of controlled
companies... - cv: - . : '
Underlies—$10,000,000 6% Income .Deben-
tures, all owned by the Philadelphia Co,, and an
authorized issue of $20,000,000 Pittsburgh Rys,
Co. Gen. Mortgage bonds.
Net Earnings, 6/30/13........ . $8,645,959
Rentals... ..ik.ceseceeeee ews 2,838,531
Interest, etc........... i 707,427
«Prior: to 1918-14 the company has had a
deficit in each year since 1906-07, increasing
from $123,000 in that year to about $2,000,000
in.1912-13.
-' Original Market—$3,000,000 first publicly
‘offered in October, 1900, at 105 and interest, by
the Farmers’ Deposit National Bank of Pitts-
burgh, Pa...
Market.
' New York—H. P. Taylor & Co., W. E. Hutton
& Co., Moore, Leonard & Lewis, C. H. Hensel.
i Philadelphia—S. K. Phillips, Geo. .N. Flem-
ing, E..V. Kane & Co., Borden & Knoblauch,
E. W. Clark & Co., Geo. S. Fox & Sons, Oscar
R. ‘Dare, Henry & West, Reed & Huntoon. .
. Pittsburgh—H. P. Taylor & Co., A. E. Masten
& Co., Moore, Leonard & Lewis, Donner, Child
& Woods, Speer Bros. & Co.
Buffalo—H. P. Taylor & Co.
SOUTHERN UTILITIES CO.
April 1, 1933.—F. - ,
.; Dated April 1, 1918. Interest payable April
Land Oct. 1, at.Guaranty Trust Co., New York
and London, or at. Trustee’s office.
Authorized—$20,000,000.
Outstanding—$1,023,000.
Denomination—Coupon, $1,000. (Mortgage
provides for $500 bonds also.) Fully registerable
in amounts of $10,000.
Trustee—United States Mortgage & Trust
Co.; New York.
“Redeemable on any interest date at 105 and
interest. : wis ae
Sinking Fund—Beginning April 1, 1916, sum
equal to 4 of 1% of outstanding bonds to be
applied to retirement of bonds, and like amount
to be expended for additions and betterments
for which no bonds may be issued. Bonds re-
tired are to be kept alive and interest added to
Sinking fund. | é f
’ ¢+Organization—Incorporated in Florida in 1913.
Secured by a first mortgage on the plants of
the following companies, located in, Florida:
Arcadia Ice & Electric Co., Cordele Electric Co.,
Crystal Ice Co., Fernandina Ice Co., Fort Lau-
derdale Ice & Electric Co., Ft. Mayers Ice &
Electric Co., Lake City Ice Co., Lakeland Ice
Co., Live Oak Ice & Electric Co., Manatee Elec-
Ist 58. Due
797
tric Co., Miami Ice & Cold Storage ,Co., City
Iee & Cold Storage Ca., Palatka Ice Co., Pen-
sacola Ice Co., Punta Gorda Ice Co., St. Augus-
tine Ice Co., Sanford Ice & Water Co., Tarpon
Springs Ice & Electric Co., Tifton Ice & Power
Co., ‘Titusville Ice Co. Also secured by a sec-
ond, mertgage on property of the Ariston Tee &
Electric Co. and Sanford Light & Fuel Co. The
combined population served is about 95,000.
Prior Liens—$36,000 Sanford L. & F. Co. and
$20,000 Ariston. Ice & El. Co. bonds. “oe ee
Net Earnings, 12/31/14.......... $271,686
Interest on bonds now out....... 73,860
Original Market—Offered in April, 1915, by
Engineering Securities Corporation, New York
and Chicago. ‘
Market.
Philadelphia—Battles & Co.
New York—J. A. Clark & Co.
SOUTHERN WISCONSIN POWER CO. Ist
S. F. 5s. Due Oct. 1, 1938.—N.
Dated October 1, 1908. Interest payable
April and Oct. 1, at Continental & Commercial
Trust & Savings Bank, Chicago, III. :
Authorized—$2,500,000. a
Outstanding—$2,025,000.
Denomination—Coupon, $1,000. Registerable
as to principal. 3
Trustees—The Continental & Commercial
Trust & Savings Bank, and Frank H. Jones,
Chicago. :
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
Sinking Fund—On July 20, 1914, and annually
thereafter, to and including July 20, 1923, a sum
equal to 1% of outstanding bonds and 144%
annually thereafter, payable in cash or these
bonds at par. If payment is in cash, it shall
be applied to the purchase or redemption of
these bonds at not over’105 and interest. ' Bonds
so redeemed to be cancelled. .
Organization—Incorporated in Wisconsin in
Secured by a first mortgage on a hydro-elec-
tric plant of 10,000 h. p. capacity on the Wiscon-
sin River at Kilbourn, Wis., and on a duplicate
transmission line. 70 miles: long to Watertown,
Wis. The company has long term contracts for
the sale of practically its entire output, includ-
ing one for 25 years with the Milwaukee. Elec.
Ry. & Light Co., the income from which is alone
sufficient to pay all operating expenses, depre-
ciacion and fixed charges. 2
Net Earnings, 8/30/12........ +. $156,887
Interest........ dditon armtsde ohare 100,208 -
Original Market—Offered in 1910, by. Devitt,
Tremble & Co., Chicago, etc., and the Milwaukee
Trust Co., Milwaukee, on about a 514% basis.
$500,000 offered in 1912 on a 5.40% basis by
Devitt, Tremble & Co. and McCoy & Co.,
Chicago. , o:
Market.
New York—A. E. Fitkin & Co., Berdell Bros.,
Gude, Winmill & Co. :
Chicago—McCoy & Co., Devitt, Tremble &
Co., M. T. Leonard & Co., Hulburd, Warren &
Chandler. — : uw
.” Philadelphia—S..K. Phillips.
Milwaukee—First Savings & Trust Co.
SOUTHWEST MISSOURI RAILROAD Gen. &
Ref. 5s. Due Sept. 1, 1931.—F. :
Dated Sept. 1, 1906. antes peels March
& Sept. 1, at Harrisburg Trust Co., Harrisburg,
Pa., or National Bank of Commerce, New York.
Authorized—$5,000,000.
Outstanding—$900,000..._.
' Held in Treasury—$4,100,000. !
Denomination—Coupon, $1,000.
Trustee—Harrisburg Trust Co., Harrisburg,
ie
Organization—Incorporated in Missouri in
1906 under the general railroad law. :
Secured by a second mortgage on 75 miles of
electric railway in and between Carthage, Webb
City and Joplin, Mo., and Galena, Kan. Popu-
iation served, about 100,000.
Prior Liens—$1, 350, 600 6s of absorbed com-
panies.
Net Earnings, 8/31/14..... . $239,875
" Interest............0, 111,947
Market
& en eehte handler ‘& Co., Elkins, Morris
& Co., Geo. P. Bissell, S. K. Phillips.
Chicago—Hulburd, Warren & Chandler.
SOUTHWEST MISSOURI ELECTRIC RAIL-
WAY CO. Ref. & Ext. 5s. Due Sept. 1,
1923.—F.
Dated Rept. 1, 1903.. Interest payable March
and Sept. i, at. National Bank of Commerce,
New York.
» Authorized—$1,500,000.
Outstanding—$1,150, 000.
Denomination—Coupon, ' $1,000.
Trustee—Harrisburg . Trust Co., Harrisburg,
Pa.
Control—Absorbed by Southwest Missouri
Secured by a first mortage on 46 miles of
electric railway between Galena, Kan., and’ Car-
thage, Joplin and Webb City, Mo., Population
served, 70,000.
Underlies—$900,000 “R, BR.” Gen. & Ref. 5s.
Net Eérniages 8/31/14 $239,875
Interest. . 111,947
This issue. , 67,500
Philadelphia—Chandler” & Co. Geo. P.
Bissell, Elkins, Morris & Co., S. K. Phillips,
Oscar R. Dare.
SOUTHWESTERN COAL & IMPROVEMENT
O. Ist 6s. Due July 1, 1929.—N.
Dated July 1, 1889. Interest payable Jan.
and July 1, at M.,K.& T. Ry. Company: 3 office,
49 Wall St., New York. .
Authorized—$1,000,000.
Outstanding—$950,000.
Retired by Sinking Fund—$50,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Farmers’ Loan & Trust Co., New
ork.
‘Redeemable for sinking fund at 125 and
interest.
Sinking Fund—One-half of 1% of outstanding
bonds payable semi-annually, Jan. and July 1
to be: applied to. the purchase of bonds at not
exceeding 125 and interest when directed to do
so by the Board of Directors. In the past bonds
have not been purchased at a price exceeding par.
Control—Absorbed by the Missouri, Kansas
& Texas Ry. Co.
Assumed by the M., K. & T. Ry. Co.
Secured by a first mortgage on coal land leases
in Oklahoma, and on about 2,350 acres of coal
land owned in Cherokee Co., Kan., together with
plant and equipment; also’ secured by deposit
of all the $805,000 capital stock and all the
$1. oe ,000 Denison & Washita Valley Ry. Co.
st 6s,
Original Market—$600,000 offered in 1901, by
Lawrence Barnum & Co., New York, Philadel-
phia, etc., at 125 and interest.
Market.
New York—Bigelow & Co., J. S. Bache & Co.,
Pouch & Co., Newborg & Co., Tobey & Kirk,
R. F. Westerfield, R. B. Hathaway & Co., Leon-
ard Snider & Co., Kirpkatrick & Lewis.
Philadelphia—Chas. Fearon & Co., S. K.
Phillips.
Buffalo—John T. Steel. .
SOUTHWESTERN GAS & ELECTRIC COM-
PANY 6% Debentures. Due Dec. 1, 1922.
798
Dated December 1, 1912. Interest payable
June 1, and December 1, at Trustee’s office. ,
Authorized—$2,000,000.
Outstanding—$1,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable on any interest date at 101 and
interest. -
Secured by a mortgage junior to that of the
1st & Refg. 5s on the property described under
that issue above.
Prior Liens—$3, 069,000 bonds of this and
absorbed companies.
Net Earnings, 4/30/14. a Saaharanesiagrinsse $470, 875
*Interest..... 0... 0000 ind aciasee '. 167,850
*Annual charges ' on. bonds: as now outstanding.
Original Market—$1,000,000 offered by S,
M. Earling & Co., Chicago, in 1918 at par and
interest.
Market.
Chicago—H. T. Holtz & Co.,
& Co., E. T. Konsberg & Co.
‘Erie—Joseph L. Pelton.
' Philadelphia—C. J. Bender & Co.
SOUTHWESTERN GAS : & ELECTRIC CO.
1st & Ref. S. F.5s. Due August 1, 1932.—F.
Dated pales 1, 1912. Interest payable
Feb. and Aug. 1 sat Central Trust Co. of Illinois,
Chicago.’ |
TE isk 07s 500, 000:
Outstanding—$2, 850, 500.
Denomination—Coupon, $500 and $1,000.
Registerable as: to- principal.
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable ‘at 10214 and. interest on any
interest date.
Sinking Fund—$75,000 per annum from
October 1, 1913 to 1922, and $50,000 annually
thereafter. This fund is to be applied to retiring
these bonds, or for extensions, enlargements and
additions, on account of which no new bonds may
be issued.
igre en a neanporatad in Delaware in
Secured by a first mortgage on part of the
plants and a second mortgage on the remainder of
Elston, Clifford
‘the ‘plants supplying gas and electricity in
Shreveport, La., and Texarkana, Tex.-Ark.
These plants include artificial gas plants and
natural gas wells; the company at present is
supplying natural gas. The company plans to
build an artificial gas plant'so located that both
cities may be served by the one plant. Further
secured: by a_ mortgage on the street railway
system in Texarkana. Population’ served,
Texarkana 20,000, Shreveport 30,000. Franchises
in Texarkana expire in 1952. ‘Electric franchise
a gpnreveport expires in 1987, gas franchisein
Prior Liens—$865,000 bonds of asborbed
companies.
Underlies—$1,000,000 6s. ae
Net Earnings, 4/30/14........... $470,875 |
Anterestca:3 vated sh eared hn ows 167,850
This issue. s teas he eesiead 4 oo aawa 107, 850
Original Market—$2,183,000 offered in No-
vember, 1912, by Cooke, Holtz & Co., National
City Bank and Union Trust Co., Chicago, at934
and interest.
Market.
rts York—E. & C. Randolph, Howe, Norris
Chicago—W. L.-Raymond & Co., Ft. Dearborn
Trust & Savings Bank, Stanwood, Taylor & Co.,
The Peoples’ Trust & Savings Bank, H. T. Holtz
& Co., National City Bank, Union Trust Co.,
E. T. ‘Konsberg & Co., Chas. S. Kidder & Co.,
Cc. F. Childs & ey cs Central Trust Co. of Ii.,
Yard, Otis & Ta a S. M. Earling & Co.,
Elston, Clifford &
Boston—W. L. ‘Raymiaiid & Co., Boston &
Cabot.
Philadelphia—R. M. Stinson & Co., S. K.
Phillips, Oscar R. Dare, C. J. Bender & Co.
Erie, Pa.—Joseph L. Pelton.
St. Louis—A. G. Edwards & Sons. .
St. Paul—R. H. Merriam & Co.
SOUTHWESTERN POWER & LIGHT CO.
(N. Y.) Ist Lien 5s. Due June 1, 1943.—F.
Dated June 1, 1918. Interest payable June 1,
and December Tat Trustee’s office.
Authorized—Open mortgage.
Outstanding—$1,828,000.
‘Denomination—Coupon, $100, $500 and
$1,000. Registerable as to principal only or
fully registerable.
‘frustee—Banker’s Trust Co., New York.
Redeemable on June 1, 1918 or any interest
date thereafter at 105 and interest.
Sinking Fund—Annually on June 1, 1% from
1918 to 1922, 134% 1923 to 1927 and "2% there-
after, of outstanding bonds, to be applied to
the purchase of bonds at not exceeding 105 and
interest, or for improvements and additions.
Organization and Control—Incorporated in
Maine in 1912. All of the second preferred and
common stock is owned by the Southwestern
Utilities Corp., which is controlled by the Amer-
ican Power & Light Co.
Secured by a first lien on plants supplying
electricity in Wichita Falls (pop. 10,000), Sweet-
water, (pop. 6,000), Be ‘Spring (pop. 6,000) and
Eagle Pass (pop. ), Texas ‘and Piedras
Negras, Mex. tp Pop. 2. G00; water in Wichita Falls
and Eagle Pass, ice in Sweetwater and the street
railway system in Paris, Tex. (pop. 13,000), by
the deposit of the entire capital stock and bond
issues of seven companies owning the properties.
These bonds are further secured by a first lien
on the following stocks:
All of the common stock of the Texas Power &
Light Co. which owns plants supplying gas and
electricity in Brownwood, Cleburne, Denison,
Paris and Waco, Texas and ‘electricity i in Bonham,
Gainesville, Hellsboro, Lancaster, Palestine,
Sherman, Taylors, Temple, Tyler and Waxa-
hachie and numerous smaller towns. in central
and northern Texas, serving a population. of
185,000. _ Franchises expire from 1936 on.
Property i is subject to $3, 340,000 bonds and $1,-
575,000 7% preferred stock. In the year ended
December 31,1913 company earned about 1.2%
‘on the common stock. 93%of the common stock
of the Ft. Worth Power & Light Co. which owns
plant ‘supplying electricity to Ft. Worth, Texas.
Population 90,000. Franchise expires in 1937.
‘Property is subject to $1,748,000 bonds and $1,-
100,000 7% preferred stock. ‘In year ended Dec.
31, 1918 company earned about 9% on its com-
mon stock. ll of the common stock of the El
Paso Gas Co. owning plants supplying gas and
electricity in El Paso, Tex., and Juarez, Mex.
serving a population of 40,000. Gas franchises
extend to 1944, electric to 1917.. The, property
is subject to $500, 000 5% bene which have been
called for payment on Dee. 1, 1914. .
Balance Controlled Co.’s available
for S. W. P. & L., 12/31/14.. - $659, 380
Interest oc ani < somes se ue uc es 401
Original Market—-$933,000 offered at giig and
interest in October, 1913 by N. W. Halsey &
Co., New York, etc.
arket.
New York—N. W. Baleey & Co., Beyer & Co.
H. D. Robbins.
; Boston—L. Sherman Adams.
‘SOUTHWESTERN UTILITIES CORPORA-
TION 6% Notes. Due June 15, 1917.—F.
i Dated June 15, 1912. Interest payable June
and Dec., at Bankers’ Trust
‘Authorized—$15,000,000.
‘Outstanding—$3,580,000.
” Redeemed—$6,420, 000.
Denomination—Coupon, $500 and $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable on any interest date at 101 and
interest whenever any of the securities de-
posited hereunder are sold the proceeds shall be
applied to the purchase or redemption of bonds
at not exceeding 101 and interest.
Organization and Control—Incorporated in
Virginia in 1912 as a holding Co. All of the stock
is owned by the American Power & Light Co.,
pulend is closely allied with the General Electric
“Secured by deposit of securities of public
ality companies in Texas and the Squbhwest:
W. Utilities Corp. controls the S. W. P.
& L. Co., for description of whose property see
1st 5s above.
Market.
New York—Lamarche & Coady, F. H. Hatch
& Co., Rauscher & Childress, Jacobson & Fried-
man, Chas. H. Jones & Co., Berdell Bros.
SPANISH-AMERICAN _IRON CO.
Due July 1, 1927.—
Dated July 1, 1907. Interest payable Jan. and
July 1, at Guaranty Trust Co., New York.
Authorized—$5,000,000.
Outstanding—$3, 814, 000.
Beton by Sinking Fund—$1, 186, 00: ehenes
C 7000. Ri able
POR,
Ist 6s.
as to pvincipal.
Trustee—Girard Trust ‘Co., Philadelphia.
Redeemable at 10214 and interest on any
interest date and for sinking fund at 100 and
interest.
Sinking Fund—30 cents per ton payable
monthly, to be applied each Jan. and July to the
redemption of these bonds at not to exceed oe
and interest. Minimum payments to 1926 shall
be sufficient to retire $275,000 bonds,
$240,000 in 1927.
Guaranteed as to principal, interest and sinking
fund by endorsement by the Pennsylvania Steel
Co. of New Jersey.
Organization and Control—Incorporated in
West Virginia. Controlled by the Pennsylvania
Steel Co. of New Jersey through ownership of
$2,400,000 (entire) capital stock. The latter
company is controlled by the Pennsylvania R. R.
and
"Secured by a first mortgage on 27,870 proved
acres of ore land at Mayari, Cuba, owned in fee
and as mining rights. Estimated to contain
600,000,000 tons of iron ore of established quality,
and upon 20 miles of railroad and other equip-
ment. The company has a contract running to
1928 with the Pennsylvania Steel Co., under
which the latter company agrees to purchase
sufficient ore and at-such prices as will enable
the Spanish-American Iron Co. to pay the interest
and sinking fund payments of this issue. This
contract has been subjected to the lien of the
mortgage.
Net renee, *Pa. Steel Co.,
12/31/13..... a on HERES +.++ $2,833,662
tinterest. < nccccv4 scr wewes oes . 1,017,341
*Including S.-A. I. Co.
+Does not include Sinking Fund pe. yments.
Listed on the Philadelphia Stock Exchange.
Original Market—$1,000,000 offered in Aug.
1907, at 9834 and interest by Lee, Higginson &
Co., Estabrook & Co., both of Boston, New York,
etc., and Henry & West of Philadelphia.
Market.
New York—Lee, Hige sson & Co., Brown
Bros. & Co., Slattery & Co., Jones & Lanman,
Kirkpatrick & Lewis, H. P. Taylor & Co.
Philadelphia—Henry & West, E. B. Smith
& Co., Parrish & Co., Chas. Fearon & Co., S. K.
Phillips, Reed A. Morgan & Co., Graham & Co.,
Mellor & Petry, Geo. S. Fox & Sons, Borden &
Knoblauch, Robt. Glendinning & Co.
Baltimore—J._ 8S. Wilson, Jr., & Co., Alex.
Brown & Sons, Jenkins, Whedbee & Poe.
799
Pittsburgh—H. P, Taylor & Co.
Buffalo—H. P. Taylor & Co.
SPANISH RIVER PULP & PAPER MILLS
LTD., Ist S. F.6s. Due Dec. 1, 1931.
Dated Dee. 1, 1910. Interest payable Jan. 1
and July 1, at Traders’ Bank of Canada, Mon-
treal, and branch offices; also at London &
Southwestern Bank, London, Fixed rate’ of
exchange, $4.8624 per £. | geese
Authorized—$2,500,000.
““ Outstanding—$2, 066, 000. -
Denomination—Coupon, £100 ($486. 66) ‘and
£200 ($973.3 Repisicranls as to principal.
Trustee—. Viontreat Trust ‘Co.; Montreal.
ack oe at 110 and interest on any interest
Sinking Fund—Annually on and after 1912
3% of outstanding bonds to be applied to the pur-
chase or redemption of bonds of this issue at not
excopaing 110 and interest.
nepal Oune pcos S in Ontario in 1911.
2% 1912 acquired ‘the properties of the Ontario
Pulp & Paper Mills, Ltd., owning mills at Stur-
‘geon’ Falls, Ont., and timber concessions on 27
square miles in Ontario, subject to $1,500,000
bonds, which were assumed.
In 1914 the entire capital stock of the Lake
Superior Paper Co. was acquired. In December,
1914, the following resolutions were unanimously
adopted by, the bondholders:
1. Sanctioning and assenting to’ certain ‘pro-
Bosed modifications or alterations of ‘the rights
of the holders of the 6% First Mortgage Sinking
Fund Gold Bonds of the company against the
company , ‘and ‘against its property and of the
provisions contained in the said Trust deeds for
the purpose of- postponing the payment of the
interest on the, said bonds falling due in_the
years 1915 and ‘1916 until the 1st day of Oct.,
.1922, or until previously thereto the company
shall give six calendar months’ notice of its in-
tention to pay the same and of cancellingfor &
Period not exceeding five years commencing
‘with the year 1914 the operation of the provi-
sions contained in the said trust deed and the
said | eos trust deed of the 2nd day of
Oct., 1911, relating to'the formation of a sink-
ing fund for the redemption of the said bonds
and otherwise as expressed in the draft supple-
mental trust deed referred to in the next follow-
ing resolution.
2. Authorizing Montreal Trust Company as
such Trustee as aforesaid to concur in and exe-
eute a supplemental trust deed, embodying such
modifications in the terms of the draft which
will be submitted to the meeting.
8. Authorizing Montreal Trust Company as such
Trustee as aforesaid and all other necessary
parties to concur in and execute all such further
assurances, instruments and documents as may
be necessary for giving effect to the resolutions
passed by the meeting.
Secured by a first mortgage on a pulp mill with
a daily capacity of 140 tons of dry pulp, a water
power development with Present capacity of
10,500 h. p, and a 21 years’ concession from the
Province of Ontario from Oct., 1909, to cut
timber on 6,000 acres of land.
Underlies— £300, 000 em mortgage notes, re-
deemable one-half on Sept. 1, 1915 and 1916 each.
Net Earnings, 6/30/14: epee ema aiiie tice $470,996
Mb Or Ose aca shake Meise g. 580! Sasunuanbgea 45,503
Listed on Montreal and London Stock Ex-
changes.
Original Market—$1,300,000 offered in Waxch,
1911, at 9744 and interest by the London &
Southwestern Bank, London, and the Dominion
Bond Co., Montreal; $800,000 offered in Nov.,
1911, by the Dominion Foud Co.
aerenta ayy Mather & Co., Goldman
0.
Montreal—Dominion Bond Co., N. B. Stark
800
& Co., McCuaig Bros, & Co., Canada See. Corp.,
Ltd., Canada Industrial Bond Corp., Ltd.,
Dominion Securities Corp., Ltd.
New York—Slattery & Co.
SPARTANBURG, UNION & COLUMBIA RAIL-
ROAD CO. Ist 4s. Due Jan. 1, 1995.—F.
See Map 120.
Dated November 11, 1895. Interest. payable
Jan. and July 1, at Trustee's office.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. .
Trustee—Central Trust Co., New York.
Control—Absorbed by the Southern Ry.,
Carolina Division, all of whose stocks and bonds
we cyaed by and road leased to the Southern
y. Co. °
Guaranteed as to interest by the Southern Ry.
Co. by endorsement.
Secured by a first mortgage on (16) 134 miles of
road from Alston to Spartanburg, Ss. Cc. Bpar-
tanburg Jet., S. C., to Biltmore, N..
road forms part of a direct line between the
Atlantic Ocean at Charleston, S..C.; and the
Blue Ridge Mountains. These’ bonds are, out-
standing at the rate of $7,500 per mile.
Underlies—$5,000,000 Southern Ry.. Carolina
Division Gen. 4s of 1952, all_ of which are depos-
ited under Southern Ry. Dev. & General 4s.
Bonds are reserved under the latter mortgage to
retire this issue.
- Legal for, Cal.
Market.
New ‘York—Wnm. A.C. Ewen, Wood, Struthers
& Co., Coffin & Co.
INLAND EMPIRE RAILROAD
CO. 1st & Ref. 5s... Due May 1, 1926.—
Dated May'1, 1906... Interest payable May
and Nov. 1, at: Trustee’s office, Chicago, or First
National Bank, New York.
“Authorized—-$15,000,000. gw
Outstanding—$3,913,000.
Retired by Sinking Fund—$123,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First' Trust & Savings Bank, Chicago.
‘Redeemable at 10734 and interest on any
interest date to Nov. 1, 1915, and on any inter-
est date thereafter at 105 and interest on 60
days’ notice.
Sinking Fund—Beginning Nov. 1, 1911, ,an
annual amount equal to 1% of outstanding bonds,
to Nov. 1, 1915, inclusive; 144% from 1916 to
1920, inclusive; and 2% from 1921 to 1925,
inclusive. ,
Organization and Control—Incorporated in
‘Washington in 1906. The Great Northern Ry.
Co. owns a majority of the stock. :
Secured by a first mortgage on 126 miles of
interurban railway extending from Spokane to
Colfax, Wash., and Spring Valley, ash., to
Moscow, Idaho, and on hydro-electric plant of
20,000 h. p., and a second mortgage on 24 miles
of ‘street railway i in Spokane, including, valuable
terminal property and 48 miles of interurban
line from Spokane to Coeur d’Alene, Idaho.
Outside of Spokane the road is on private right-
of-way, and built to steam railroad standards.
Further secured on plant supplying electricity in
Spokane and neighboring towns. The total
length of track operated is 290 miles. Population
served, Spokane, 110,000, remaining territory,
35, ,000. Electrie franchise in Spokane extends
to 1946. Railway franchises expire between
1928 and 1939.
Prior Liens—$838,000 bonds of ehannbee
companies.
Net Earnings, 6/30/14........... $322,786 |
Interest, ete................-4-5 452,490
Original Market—$2,748,000 offered in Nov.,
1906, by’E. H. Rollins & Sons, Boston and New
SPOKANE &
York, N. W. Harris & Co., New York and Chi-
cago, at 100 and interest.
Market.
New York—Harris, Forbes & Co., E. H.
Rollins & Sons, Berdell Bros., S. L. Snowden,
Kirkpatrick & Lewis.
St. Louis—Bowman, Cost & Co.
Baltimore—Howard R. Taylor & Co., W. W.
Lanahan & Co.
Beene H. Rollins & Sons, N. w. Harris
0.
Chicago—Ames, Emerich & Co., Allerton,
Greene & King, Harris Trust & Sav. Bank, Yard,
Otis & Taylor.
SPOKANE FALLS & NORTHERN RAILWAY
,, CO, Ist 6s. Due July 1, 1939.—F.
"See Map 54. -- :
Dated ee 1, 1889. Interest nayable Jan.
and July 1, at Great Northern office, 32 Nassau
St., New York
‘Authorized—33, 000,000.
Outstanding in hands of public—$229,000
ee mortgage).
we ee ge 583.0 ue of Great Northern ist & Ref.
‘3—
Pcnsalitstlen Goujon; $1,000. Registerable
as to principal.
Trustee—Bankers’ Trust Co., New York.
Ponirel—Absorbed by the Great Northern Ry.
"Aasumea by the Great Northern Ry. Co.
Secured by a first mortgage on (5) 130 miles
of road, from Dean, Wash., near Spokane to the
‘International Boundary’ Line. These bonds are
outstanding at the rate of $21,600 per mile.
' Underlies—$35,000,000 Great Northern ist &
Ref. 444s of 1961, under which mortgage bonds
are reserved for the retirement of this issue.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., Mo. ,N.H., N.J.,'N.Y.,R.1.,Vt. and Wis.
. Market. - 5
New York—Remick, Hodges & Co., N. W.
Halsey & Co., Peck, ‘Rasmus & Truesdale.
SPOKANE INTERNATIONAL. RAILWAY co.
1st 5s. Due July 1, 1955.—
- Dated July 1, 1905.’ Interest payable Jan.
and: July 1, at American Exchange National
Bank, New York.
.« Authorized. and Outstanding—$4, 200,000.
‘Denomination—Coupon, $1,000. Registerable
as to principal.
* Prustee—Columbia Trust Co., New. York. |
. Organization and Control—incorporated in
Washington and Idaho in 1905, The Canadian
Pacific Ry.:Co. has an option-on 52%: of. the
stock, expiring in 1917, the price to be fixed when
option is exercised.
Guaranteed—The Canadian Pacific Ry.: ‘annu-
ally réserves, if requested, 10% of the gross earn-
ings from all traffic originating or destined to
points on the Spokane International Ry., for
the payment of -imterest on these bonds, pro-
vided a-deficiency may exist in any year. |
Secured by a first mortgage on 141 miles of
road from Spokane, Wash., to Eastport, Idaho.
pomneets at Eastport with the Canadian Pacific
Ry. Co. - These bonds are outstanding at the
Bee of ‘330, 000 per mile. The company leases
2miiles of road additional. _
7 et ‘Earnings, 6/30/13. . $303,338
Inkerest). 020 ccs ceavas age eeee 250, 355
Listed on the New York Stock Exchange. '
Original Market—Offered in 1905, by: Day &
Heaton, and by Pouch & Co., New York.
Market. ~
Néw ‘York—Hartshorne & Picabia, Pouch &
Co., Didrichsen & Co., Davies, Thompson &
Co., R. B. Hathaway & Co.
SPOKANE TERMINAL CO.’ Ist 5s. Due
$12,500 annually Aug. 1, to 1929, inclusive,
and $100,000 on Aug. 1, 1930.—F. .
801
Dated Aug. 1, 1905. Interest payable Feb.
and Aug. 1, at Trustee’s office or First National
Bank, Boston.
Authorized——$500, 000.
Outstanding—$232,500. °
Retired—$67,500.
Denomination—Coupon, | $500 and $1,000.
Registerable as to principal.
Trustee—First Trust & Savings Bank, Chicago.
" Redsemeble at 105 and interest on any interest
ate. :
Hesnmed by the Spokane & Inland Empire
“Control —Merged into the Spokane & Inland
Empire R. R. Co.
Secured by a first mortgage on valuable’ ‘ter-
minal property in central part of Spokane,
Wash.; passenger and’ freight depots; three
miles of standard railroad track and two double-
track bridges:across the Spokane River. ‘The
freight yards have track-connections with all the
railroads entering Spokane.
Underlies—$3,913,000 Spokane & Inland Em-
pire R. R. Co. lat & Ref. 6s of 1926, under which
mortgage bonds are reserved to retire this issue.
Net Earnings, 6/30/14........... $822,786
Enterest ic iissgse cessor @ » siaibyets aea0n 452,490
This issue........... gu mepase sess 254,690
et.
Boston—E. H. Rollins & Sons.
Baltimore—H. R. Taylor & Co.
SPOKANE TRACTION CO. Ist 5s. Due
$15,000 each July 1, to 1924 and remainder
in 1925—F.
Dated July 1, 1905. Interest payable Jan.
ie or 1, at Title Guarantee & Trust Co., New
or
Outstanding—$141,000.
Denomination—Coupon and registered, $1,000.
veo ee Guarantee & Trust Co., New
or!
Redeemable as a whole at 105 and interest. |
jaoaleel—-Abserbed by Spokane & Inland Em-
pire R. R.
Secured by a first mortgage on about 22 miles
of street railway in Spokane, Wash.
quadetee 3h 913,000 Spokane & Inland Em-
pire 5s
ee Spokane Terminal Co. 1st 5s
abov
Original Market—First offered by E. H. Rol-
lins & Sons, Boston, New York, etc., at par and
interest, in Sept., 1905.
Market.
Boston—E. H. Rollins & Sons. |
SPRING BROOK WATER SUPPLY CO. 1st 5s.
Due April 1, 1926.—F.
Tax exempt in Pennsylvania.
Dated April 1, 1896. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized and Outstanding—$5, 600,000.
‘Denomination—Coupon, $1,000. Registerable
as to'principal.' -
Trustee—New York Trust Co., New York. -
Organization—Incorporated in Pennsylvania
in ‘1896. .-
Secured by a first mortgage on plants supply-
ing water to Scranton, Wilkes-Barre and Pitts-
ton, Pa., and other cities in the vicinity, and a
second mortgage on plant formerly belonging to
RRendham.Water Co. Population served, about
300,000. Franchises perpetual.
Prior’ ‘Liens—$10,000 Rendham Water Co. 63.
Earnings—Dividends of 6% w were paid i in Late
on $5,000,000 Be ae
New York- $8,874,100 319, gos" 100
"There is outstanding a total of $19,326,700
preferred stock and $29,659,500 common stock of
the above issues.
There must always be deposited cash or bonds
of public service corporations of a par value equal
to the amount of outstanding bonds of this
issue. No bonds may be issued to acquire a
minority interest in the stock ot any company,
except those in which the S. G. & E. Co. already
has Tliace. The company has the right to
sell deposited securities, and must pay over to the
Trustee the proceeds from such sales to be ap-
plied to the purchase of additional securities or
redemption of bonds. —
Net Earnings, 12/31/14 - $1,435,605
DMC OLB i ossccisina acs5s ssi ots oo cbaucnnene
Listed on New York and Philadelphia’ Stock
Exchanges.
Original nee aly 000 offered in Nov.,'
1911, by White, W & Co., New York and
Chicago, and. Slitaetes: ‘Clothier & Bese
Philadelphia, at 100 }4 and interest. —
Market. :
New York—L. A. Norton, bn ‘PB onmigie
& Co., White, Weld & Co., H. N. Whitney &
Sons, Potter, Choate & Prentice, Clark, Dodge
& ‘Co., Low, Dixon & Co., Bigelow &: ‘Co., Me-
George & Vanderhoef, Berdell Bros., ponteom
ery, Clothier & Tyler, Johni D. Curtis & Co.,
Ernest Smith, Kirpkatrick & Lewis, Hendrick
son & Co., Howe, Norris & Co.
Chicago—Ft. Dearborn Trust & Savings Bank,
State Sank, Illinois Trust & Savings Bank,
Byllesby & Co. -
Baltimore—J.S. Wilson, Jr., & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Reed A. Morgan & Co., Montgomery, Clothier
& Tyler, erry, & West, Mellor & Petry, Oscar
R. Dare, S. K. Phillips, Reed & Huntoon. -
Boston—J. L. Wilson & Son, L.' Sherman
Adams. Bee
STANDARD GAS & ELECTRIC CO Coll. Tr.
6% notes. Due $172,000 June 1, 1915 and
$2,000,000 June 1, 1916—N.
Dated June 1, 1913. Interest payable June 1
and December 1 at Trustee's office.
Authorized—$3,000,000. F
Outstanding—$2,172,000. ht
Redeemed—$828,000. a
$100, $500
,000.
Denomination—Coupon,
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable 1915 maturities at par and interest
and 1916 maturities at 101 and int. prior to June
1, 1915 and par and interest thereafter.
Organization and Earnings—See Coll. Tr. 6s
above.
Secured by a first lien on $6,442,900 par value
stocks and bonds of companies associated with
the operation and control of the gas and electric
plants in Louisville, Ky., including $1,760,000
preferred stock and $1,000,000 common stock of
the Louisville Gas & Electric Co. and $1,300,000
preferred stock of the Mississippi Valley Gas &
El. Co. and $28,000 cash.
Original Market—$3,000,000 offered in June,
1913 at 99.52 to 97.34 by ‘Continental & Com-
mercial Trust & Savings Bank and H. M. Byillesby
& Co., Chicago.
Market.
New York—Beyer & Co., Lamarche & Coady.
H. M. Byllesby & Co., Gude, Winmill & Co.
Howe, Norris & Co.
hicago—H. M. ‘Byllesby & Co., E. T. Kons-
berg & Co.
Boston—Moors & Cabot.
STANDARD GAS LIGHT CO. OF NEW YORK
1st 5s. Due May 1, 1930.—
Dated May 1, 1890.’ Interest payable May
and Nov. 1, at Pankers Brust Co., New York.
Authorized—$1,500,00
and
806
Outstanding—$1,195,000. é
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Organization and Control—Incorporated in
New York in 1886. Practically the entire issues
of common and preferred stock are owned by the
Consolidated Gas Co. of New York.
Secured by a first mortgage on plant supplying
gas in Borough of Manhattan, New York City,
above Thirteenth St., including extensive works
on East River at foot of 115th St., 200 miles of
mains and eight gas holders.
Net Earnings, 12/31/14.......... $589,594
Interest, etc............. eee eee ’
Market.
New York—Paterson & Co., Tobey & Kirk,
L. F. Hepburn. L. A. Norton, G. W. Walker &
Co.,'H. G. Hinstein & Co., J. K. Rice, Jr., & Co.,
Dominick Bros. & Co., Wm..A. C. Ewen, Will-
iamson & Squire, Crawford, Patton & Cannon,
Leonard Snider & Co. ~ Cs ©
STANDARD IDEAL CO. LTD.
Jan. 2, 1941.—N.
Dated Jan. 2, 1911. Interest payable Jan. 2
and July 2, at the Bank of Montreal, Montreal
or London. Fixed rate of exchange $4.86: 2-3
to the £.
Authorized—$661,000.
Outstanding—$615,200. .
Retired by Sinking Fund—$45,800.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal. s
Trustee—Montreal Trust Co., Montreal.
Redeemable at 110 and interest on and after
Jan. 2, 1912, on three months’ notice.
Sinking Fund—On or before Jan. 2, 1912, and
annually thereafter, 2% of bonds issued plus
interest on bonds retired by this fund, for the
purchase or redemption of bonds at not exceeding
110 and interest. ; 4
Organization—Incorporated in Canada in 1902.
Secured by a first mortgage on plant of the
company covering 15 acres at Port Hope, Ont.,
where the company is engaged in the manufacture
of bath room and lavatory enamel-ware and
fittings, producing about 75% of the entire output
of this kind of goods of the Dominion of Canada.
Ist .68. Due
Net Earnings, After interest and depreciation,
O/B IVD aissiecstssscuvost ec cies hee 8,490
Original Market—Offered Nov., 1911, by the
Royal Securities Corp., Montreal, Toronto,
London.
Market.
Montreal—Royal Securities Corp.
STANDARD MILLING CO. Ist 5s.
Due Nov.
1, 1930.
Dated November 1, 1900. Interest payable
May and Nov. 1, at Metropolitan Trust Co.,
New York,
Authorized—$6,250,000.
Outstanding—$2,826,000.
Retired by Sinking Fund—$540,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee—Equitable Trust Co., New York.
_ Sinking Fund—Mortgage provides for sinking
fund of $45,000 per annum. 7
Organization and Control—Incorporated in
New Jersey, in 1900, as a holding company.
Secured by'a first mortgage on the plants
owned in fee including one'mill at Syracuse,
N. Y., with a daily capacity of 400 barrels of
flour, two at Minneapolis, Minn., capacity,
8,750 barrels, one at Milwaukee, Wis., capacity,
1,200 barrels, and two at Superior, Wis., with a
capacity of 5,000 barrels, on warehouses in
Minneapolis, all of which plants are being
operated, and on one mill at Baldwinsville, N. Y.
and one at Buffalo, N. Y. and a warehouse in
Superior, which are not being operated. 7
Further secured by a first lien on the following
securities:
Entire capital stock. (reported to have ‘cost
$3,537,105) and $868,000 of the $2,316,000 1st
mtge. bonds of the Hecker-Jones-Jewell Co.
This company has also outstanding $910,000
debentures, due 1916. The company owns a
mill in Manhattan, N: Y. City, with a capacity
of 8,500 barrels of flour daily and one on Staten
Island with a capacity of 1,600 barrels. -
Entire capital stock (reported to have cost
$1,229,746) of the Northwestern Consolidated
Milling Co., owning four mills at Minneapolis,
with a capacity of 13,000 barrels, free from
mortgage debt. |
Entire capital ‘stock (reported to ‘have cost
$250,000) \of the Southwestern . Milling Co.,
owning 2 recently completed mill in Kansas City
one with a capacity of 3,000: barrels, free from
lebt. Be ae a
Prior Lien—$2,358,000 bonds of the Hecker-
Jones-Jewell Co. .
Net Earnings, after interest, a
SP BN NE oe recat Sn crash ge ab Sea $1,053,637
Listed on the New York Stock Exchange. ~
- Market.
New York—Tobey & Kirk, Didrichsen &.
Co., Bigelow & Co.; Newborg & Co., F. H. Hatch
& Co., Rauscher & Childress, Low, Dixon & Co..
W. D. Moore & Co., Jones’'& Lanman. >
Buffalo—J. N. Sechrest & Co., Inc.
STANDARD MOTOR CONSTRUCTION CO.
1st 6s. Due Mar. 1, 1927.—F.
Dated March 1, 1907. Interest payable
March 1 and September 1, at Company’s office,
Jersey City, or New York.
Authorized—$400;000.
Outstanding—$244,500.
Retired by Sinking Fund—$50,500..
Held in Treasury—$105,000. - Z
Denomination—Coupon, $500. Registerable
as to principal. —
ee quitable Trust Co., New York,
Secured by a first mortgage on plant in Jersey
City and new plant at Tottenville, Staten Island,
recently completed at'a cost of $75,000. The
company is engaged in the manufacture of
marine gasoline and oil engines.
Net Earnings, 12/31/14........... $21,330*
*Compares with $82,129 in 1912.
Market. feck
New York—F. H. Hatch & Co., J. W. Christian-
sen, Gilbert Eliott & Co., Leonard Snider &
Co., Geo. H. Burr & Co.
aaa aca Moore & Co., Chandler
& Co.
STANDARD SCREW CO. 5% Debentures.
Due $30,000 semi-annually on April 1 and
October 1, to October 1, 1920, inclusive.
—F. :
Dated Oct. 1, 1909. Interest payable April 1
and Oct. 1, at Trustee’s office.
Authorized—$600,000.
Outstanding—$390,000.
Retired—$210,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at par and interest on any interest’
date. ‘ i b
Organization and Control—Incorporated in
New Jersey in 1900, and is a consolidation of
eight companies engaged in the manufacture of
screws and screw machinery. 7 °
Security—-These bonds are a direct obli-
gation of the company, but are not secured by
mortgage. The company covenants that it will
not issue any long term obligations or mortgage.
its own property or that of the constituent
companies while these notes are outstanding and
that the cash and quick assets of the company
will be maintained at not less than $600,000
in excess of all liabilities besides this issue.
Registerable
r
807
. Net Earnings (after dep. )» 8/31/14 $460,464
‘[ntereste: siaceovess oa geese a fox 52,243
Original ‘Market—Offered. in Dec, 1909, by
Kinsley & Adams, Worcester, ae at prices:
to net 544%. vad
Mar
. New York—Jackson & eaeen Geo. S. Crap.
Boston—L. Sherman Adams.
Hartford—F. R. Cooley.
STANDARD STEEL WORKS CO. Ist S. F. 5s.
Due Jan. 1,. 1928.—F.
Tax exempt in Pennsylvania.
Dated January 1, 1908. Interest payable
Jan. and July 1, at Trustee’ 8 office, Philadelphia.
Authorized—$5, 000,00 Bot ‘
- Outstanding—$3,600,000. ... .
Retired by Sinking Tand—$1, 400,000.
- Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Pennsylvania Co. for Insurances on
Lives & Granting Annuities, Philadelphia.
Sinking Fund—An annual sinking fund of
$200,000 payable on each January 1, in cash or
securities acceptable to the Trustee, to be
ay ied to the purchase of bonds at not exceeding
105 and interest.
Organization—Incorporated in Pennsylvania
in 1907. All of the stock is owned by the Bald-
win Locomotive Works.
: Secured by a first mortgage on plant situated
at Burnham, near Lewiston, Pa., comprising
about 87 acres, including modern furnaces, tire
mills, iron and steel foundries, spring shops and
11 miles of railway and equipment. The
capacity of the plant is in excess of 200,000
tons of finished Products and -open hearth steel
per annum.. . is
Net Barnings, (after interest)
12/31/14. 00.0... 00. ...... 001 = $359,558*
*Compares with $745,652 in i913.
Listed on the Philadelphia Stock Exchange.
Original Market—$1,764,000 offered in Dec.,
1909 ‘by Brown Bros. & Co., and ack & West,
Philadelphia, at par and pnterents
Market
‘Philadelphia—E. B. ‘Smith & Co., Cassatt . &
Co., Edward Lowber Stokes, Elkins, Morris &
Co.; Henry & West, Reed A.. Morgan & Co.,
Montgomery, Clothier &' Tyler, Brown Bros. &
Co., Barclay, Moore & Co., Harper & Turner,
Geo. S: Fox & Sons, S. K. Bhillips. Robt.. Glen-
dinning & Co., W. H. Newbold’s Son & Co.,
Graham & Co., C. D. Barney & Co., Frazier &
€o., Reed & Huntoon, Parrish & Co.
STANFIELD’S, LTD., 1st 6s.
- Dated Jan. 1, 1906.
and July 1.. :
"Authorized—$500, 000. |
Outstanding—$459,500.
. Retired by Sinking Fund—$40,500.
Denomination—Coupon and Registered, $100,
$500 and $1,000. Coupon bonds are registerable
as to principal.
Trustee—Eastern Trust Co., Halifax, N. S.
- Redeemable for the sinking fund at 105 and
interest.
Secured by a first mortgage on knitting mills at
Truro, Nova Scotia.
Net Earnings, after interest
W2/ 81ST Bias seca i a sae hiopua an 3-ouhd le $116,503
. Market.
Montreal—F. B. McCurdy & Co., Eastern
Sec. Co., Ltd.
- Halifax—J. C. Mackintosh &° Co. 39 Fs Bz
McCurdy & Co.
STARK COUNTY TELEPHONE CO.
Due Oct. Is 1920.
Dated Oct. 1, 1900. Interest payable April
and Oct. 1, at Citizens’. Savings & Trust Co.,
Cleveland, Ohio.
Authorized and Outstanding—$350, 000.
Due Jan. 1, 1931.
Interest payable Jan.
Ist 5s.
Denomination—Coupon, $500. Registerable
as to principal.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland, Ohio.
Organization and Control—Incorporated _ in
Ohio in 1900. Absorbed by the Ohio State Tele-
phone Co.
Secured by a first, mortgage on. independent
telephone system in Alliance and Canton, Ohio.
Population served, 70, ents Subscribers, 7,600.
Franchise: expires in 192
Underlies—$5,000, 000» Onio State Tel.
3s—5s. Market.
New York—W. E. Hutton & Co.
Cleveland—Roland T. Meacham, Borton &
Borton, W. S. Snyder & Co.
Gen.
STARK ELECTRIC RAILROAD Ist 5s. Due
Jan. 1, 1928.—F.
Dated Jan. 1, 1908. Interest payable Jan.
and July 1, at Citizens’ Savings & Trust Co.,
Cleveland, Ohio.
Authorized—$1,000,000.
Outstanding—$924,000.
Retired by Sinking Fund—$76, 000.
Denomination—Coupon, _
Trustee—Citizens’ Savings & Trust Co. ay
Cleveland, Ohio.
Redeemable at 105 and interest.
Sinking Fund—$10,000 per annum from 1910
to 1915, and $20,000 thereafter.
Organization—Incorporated in Ohio in 1902.
Secured by a first mortgage on 34 miles of
electric railway from Canton to Salem, Ohio,
including local lines in Alliance. Interurban line
built entirely on private right-of-way, including
that part located in cities. This private right-
of-way extends from within seven blocks of the
oe square in center of Canton to within 300
‘eet of the business center of Salem. Population
ae) Alliance, 16,000, remaining territory,
< Net Earnings, 12/31/14 $147,317
Interest and taxes....... ees 63,391
‘Market.
Cleveland—Hayden, ‘Miller & Co., Borton &
Borton.
STATE LINE & SULLIVAN RAILROAD CO.
_ . Ist 4145. Due Jan. 1, 1929.—F.
See Map 59.
Tax exempt in Pennsylvania.
Dated December 12, 1898. Interest payable
Jan. and July 1, at Trustee's office.
Authorized—$300,000.
Outstanding—$295,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Redeemable at par and interest. .
Sinking Fund—An amount equal to any divi-
dend or distribution of profits paid by the Com-
pany shall be paid to the trustee to be applied ; to
the purchase or redemption of bonds.
Control—Leased for 50 years from May 1, 1884,
to the Pennsylvania & N. Y. Canal & R. R. Co.
$40,000 per nee and is operated by ne
Lehigh Valley ‘R. R. Co., which owns the entire
stock of the Penna. & N. 'Y. Canal & R. R. Co.
Secured by a first mortgage on (14) 24 miles of
road from Monroeton to Bernice, Pa., and about
5,000 acres of coal lands, which are leased to the
Connell Anthracite Mining Co.
Net Earnings, 6/30/14..... cee ees $88,280 —
Interests cshoeie bah tog BAN 240°
Dividends.......... 0002s ee eee 74,528
Legal for Me.
Listed on the Philadelphia Stock HEchanEs:
Market.
New York—Bigelow & Co.
Philadelphia—E.. W. Clark & Co., Reed &
Huntoon, C. Harrison, Jr., Co., S. K.
Phillips.
808
STATEN ISLAND RAILWAY CO.
Due June 1, 1943.—N.
Dated June 1, 1893. Interest payable June
ee 1, at Coal & Iron National Bank, New
A ea e
Authorized— $1,000,000:
Outstanding—$511,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee —Bankers’ Trust Co., New York.
Organization and_ Control—Incorporated in
New York in 1873. Practically the entire capital
stock is owned by the B. & O. R.R. Co. - ;
Secured by a first mortgage on 13 miles
of road from Clifton to Tottenville, Staten Island,
N. Y. of which 10 miles are double-tracked. The
road parallels the eastern shore of Staten Island,
which forms the Borough of Richmond of the City
of New York. The business of the company
is almost entirely passenger traffic.
Net Earnings, 6/30/14........... $58,555
Interest... 0)... 2... ae aig tay gigas 27,997
Legal for Me.
Listed on the New York Stock Exchange.
arket.
New York—Ambrose R. Clark, Wolff & Stan-
ley, Burgess,‘ Lang &'Co.,' Tobey & Kirk, Me-
George & Vanderhoef, F. J. Lisman & Co., Foster
Ist 44s.
& Adams, Douglas Fenwick & Co., Samuel
Goldschmidt.
Baltimore—John D. Howard & Co.
Boston—Burgess, Lang & Co.
seee RADIATION CO. 1st 6s. Due April
Dated April 1, 1911. Interest payable April
and Oct. 1, at Royal Bank of Canada, Toronto.
Authorized—$1,500,000.
Outstanding—$600,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Montreal Trust Co., Montreal,
Canada.
Organization—Incorporated in Ontario in 1910.
Secured by a first mortgage on two plants in
Toronto and plant covering 36 acres in St.
Catherines, Ont., where company is engaged in
manufacturing hot-water boilers and radiators,
metal lath, ete.
Net Earnings, 12/31/13......... $162,422
MM Cerest caus. secciesa Ge dh evoutomece et 54,291
Market.
Toronto—Aemilius Jarvis & Co.
(THE) STEEL COMPANY OF CANADA, LTD.
ist & Coll. Tr. 6s. Due July 1, 1940.—N.
Dated July 1, 1910. Interest payable Jan. 1
and July 1, at Bank of Montreal, or Parr’s Bank,
Ltd., London. Fixed rate of exchange, $4.86 2-3
to the £. :
Authorized—-$10,000,000.
Outstanding—$8,350,000.
Denomination—Coupon, $100,. $500 and
$1,000 and Sterling equivalents.. Registerable as
to principal. ‘
Trustee—Royal Trust Co., Montreal. —
Redeemable as a whole at 110 and interest
on and after July 1, 1915, on 6 months’ notice, or
in part for sinking fund at same price on and after
July 1, 1916. ‘
Sinking Fund—Annually beginning July. 1,
1916, 2% of bonds outstanding plus interest on
bonds redeemed. It is estimated that this fund
will retire $6,000,000 bonds at maturity. _
Secured by a first mortgage on plants covering
100 acres at Hamilton, Ont., including two blast
furnaces, open hearth steel furnaces, rolling mills,
etc.; two plants covering 16 acres adjacent to
the Lachine Canal at Lachine, near ontreal,
formerly of the Dominion Wire Manufacturing
Co., two screw cutting pnts in Hamilton and
six plants, formerly of the'Canada Bolt & Nut
Co., in Toronto, Brantford, Belleville and Ganan-
oque, Ont., and a second mortgage on ‘rolling,
mills in Montreal.
Prior Liens—$500;000 bonds of Montreal Roll-
ing Mills.
Underlies—$1,200,000 notes.
Net Earnings, 12/31/14...... . $1,881,398
NAPBT ODE ahi aw sedans oe wren 4 625,613
This issue.................0-. 553,613.
Listed on the London, Montreal and Toronto
Stock Exchanges, é
Original Market—$488,000 offered in July,
1910, by the Royal. Securities Corp., Montreal,
Toronto, etc., at 101 and interest; and $850,-
000 April, 1914, at 9244 and interest.
Market. id
Montreal—Royal Securities Corp., Ltd., Do-
minion Bond Co., Ltd., McCuaig Bros. & Co.,
N. B. Stark & Co., Nesbitt, Thompson & Co.,
Canada Industrial Bond Corp., "Gahada Sec.
Corp., Ltd. - oe
Toronto—A. E. Ames & Co., Goldman & Co.,
G. A. Stimson & Co., Aemilius Jarvis & Co.
New York—E. & C. Randolph.
STEEL COMPANY OF CANADA 6% Notes.
Due $400,000 each July 1 from 1915 to 1917.
—N.
Dated July 1, 1912. Interest payable Jan.
and July_1, at Bank of Montreal, Montreal,
Toronto, New York and London.
Authorized—$1,200,000.
Outstanding—$1,200,000.
For further details see 1st 6s above.
NOTE. In April, 1915, the holders of these
notes were asked to extend them three years.
It is reported that the company has been making
ample provision for payment of the notes, but
conditions in 1914 have rendered an extension
necessary.
Net Earnings, 12/31/13........ $1,445,772
Interest cies 2s esate on vaias.xc ANe
Original Market—First offered by Dominion
Bond Co., Montreal, at prices to yield 644%.
et.
Toronto—Goldman & Co., Murray, Mather
0.
Montreal—Dominion Bond Co., Ltd.
Sees RAILWAY 1st 6s. Due July 1,
Dated July 1, 1892. Interest payable Jan. and
July 1, at Guaranty Trust Co., New York. :
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—Absorbed by New York & Queens
County Ry. Co., which is controlled through
ownership of all stock by the Interborough Metro-
politan Co. . 43
Secured by a first mortgage on 18 miles. of
street railway in. Long Island City and vicinity.
Underlies—$3,365,000 N. Y. & Q. C. 4s. 4
Net Earnings, 6/30/14..........
Interest isi. caisson en cigceteie 3 eae Be
THIS ISBWEs 6656.i0)4-4 ease ceaianeae nage
‘New York—Wnm. A. C. Ewen, L. F, Hepburn,
Williamson & Squire, Tobey & Kirk, Gude,
Winmill.& Co.; F. H. Hatch & Co., Low, Dixon
& Co., Geo. S. Crap. :
STEPHENSON CO. (JOHN) Ist 5s. Due Dec.
1, a
Interest payable Jan. and July 1, at Guaranty
Trust Co., New York.
Outstanding—$400,000. ;
Redeemable on any interest date at 105 and
interest. ae :
Control—Absorbed by the J. G. Brill Co.
This is the only issue of bonds of the Brill Co.
or any of its subsidiaries. s
809
\
\
. Secured by a first mortgage on 89 acres of
ground and modern car building plant in Eliza-
beth, N. J.
~ Net Earnings after interest, J. G.
Brill Co., 12/31/14
Market.
New York—B. H. & F. W. Pelzer.
STEPHENVILLE, NORTH & SOUTH TEXAS
: EeawAr CO. 1st 5s. Due July 1, 1940.
* See Map 76.
Dated July 1, 1910. Interest payable Jan.
and July 1, at New York, and at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$2,423,000.
Owned by St. L. S.-W. and Deposited as
Collateral—$184,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ;
Trustee—Commonwealth Trust Co., St. Louis,
oO.
Redeemable at 105 and interest on any interest
date on 90 days’ notice.
Organization and Control—Incorporated in
Texas in 1907. All of the stock is owned by the
St. Louis Southwestern Ry. Co.
Guaranteed as to principal and interest by the
St. Louis Southwestern Ry. Co. by endorsement.
Secured by a first mortgage on (12) 107 miles of
road from Gatesville to Stephenville, Texas,
and Hamilton to .Coneauche, Texas. These
bonds are outstanding at the rate of $24,000 per
mile.
Refunding—Bonds are reserved under St.
Louis Southwestern Ry. 1st Term. & Unif. 5s of
1952 to retire this issue.
Net Deficit, 6/30/13............ $105,541
TOL ONGE aco wacas 34 panins 6 Raeeh 121,150
Original Market—Offered in March, 1912, by
the Guaranty Trust Co. and Rhoades & Co.,
New York, at 9734 and interest.
Market. ;
New York—Spencer Trask & Co., A. B. Leach
& Co., Folsom & Adams, Rhoades & Co., Guar-
anty Trust Co., E. & C. Randolph, Foster &
Adams, Bigelow & Co., Gilbert Eliott & Co.
Boston—Edgerly & Crocker.
Detroit—Security Trust Co., First and Old
Detroit National Bank.
* St. Louis—Bowman, Cost & Co.
Chicago—Allerton, Greene & King, Yard, Otis
Taylor.
Baltimore—Riggs & McLane, Smith, Lock-
hart & Co. 7
” Philadelphia—H. F. Bachman & Co.
STERLING DYEING & FINISHING CO. Ist
5s. Due July 1, 1926.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized— $500,000.
Outstanding—$250,000.
Exchanged for U. S. Finishing Co. Cons. 5s—
$250,000. :
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
ry Redeemable at 105 and interest on any interest
ate.
Guaranteed as to principal and interest by
endorsement by the U. S. Finishing Co. In 1918
plans were arranged for a reorganization of this
company, pending which, the bank credits of the
company were extended six months.
Centrolled by the U. S. Finishing Co. through
‘ownership of the entire capital stock.
. Secured by a first mortgage on the plant loca-
ted at Sterling, Conn., and is valued at $853,198
on the books of the U. S. Finishing Co.
Underlies—$1,650,000 U. S. Finishing Consol.
5s.
Net Earnings U. S. Finish. Co.,
Cf BO/ 14 sei ions sscitiviis wide erates ca
Interests css cdigtiiang grains waa
$313,106
$232,844
141,925
Original Market—$50,000 offered in 1905 at
101 and interest by Dean & Shibley, Providence,
R. L.; also offered in 1910 by Spencer Trask & Co.,
New York, Boston, ete. 7
7 Market.
New Haven—The W. T. Fields Co.
New York—Spencer Trask & Co., Tobey &
Kirk, R. F. Westerfield.
Boston—L. Sherman Adams.
STEUBENVILLE & EAST LIVERPOOL RAIL-
er. & LIGHT CO. Ist 5s. Due Jan. 1,
Dated Jan. 1, 1907. Interest payable Jan.
and July 1, at Commercial -Trust Co., Phila-
delphia. :
Authorized —$3,000,000.
Outstanding—$2,210,000.
Denomination—Coupon, $1,000.
Trustee—Commercial Trust Co., Philadelphia.
Organization and Control—Incorporated in
Ohio in 1906. Leased in 1911 for 999 years to
Tri-State Ry. & Elec. Co., which company was
placed in the hands of receivers in March, 1913,
Secured by a second mortgage on 25 miles of
electric railway; total trackage 49 miles; located
in and between Steubenville, Toronto and Wells-
ville, Ohio; also on power plant and 85 acre
amusement park. Population served, 42,000.
Street railway franchises expire in 1925 and 1928;
electricity franchises are perpetual. wagigetde
‘ Sefer Liens—$790,000 Steub. Trac. & Lt. Co.
onds.
Market.
New York—F. H. Hatch & Co.
STEUBENVILLE & WHEELING TRACTION
CO. 1st 5s. Due May 1, 1935.—N.
Dated May 1, 1905. Interest payable May
and Nov. 1, at Dollar Savings & Trust Co.,
Wheeling, W. Va.
Authorized—$650,000.
Outstanding—$533,000.
Denomination—Coupon, $1,000.
Trustee—Dollar Savings & Trust Co., Wheel-
ing, W. Va.
Redeemable on any interest date at 102 and
interest.
Guaranteed as to principal and interest by the
Wheeling Traction Co. :
Organization and Control—Incorporated in
Ohio and West Virginia in 1905. All of the stock
is owned by the Wheeling Traction Co., a sub-
sidiary of the West Penn Traction & Water
Power Co., which latter company is controlled
by the American’ Water Works & Electric Co.
Secured by a mortgage on 18 miles of electric
railway from Wheeling, W. Va., to Rayland,
Ohio, and from Brilliant to Steubenville, Ohio.
Connection from Rayland to Brilliant projected.
Population served, Wheeling, 45,000. Remain-
ing territory, 55,000. , J
Prior Lien—$150,000 Steub., Mingo & Ohio
Val. Trac. 5s. “
Net Earnings, 12/31/12.......... $50,813
Interest and taxes............... 40,325
Market.
Wheeling—Geo. W. Barron.
Pittsburgh—H. P. Taylor & Co.
New York—Lindley & Co., F. H. Hatch & Co.,
Hotchkin & Co., H. P. Taylor 0.
Buffalo—H. P.:Taylor & Co. :
STEUBENVILLE TRACTION & LIGHT CO.
Ist 5s. Due May 1, 1926.
Interest payable May and Nov. 1, at Metro-
politan Trust Co., New York.
Authorized—$1,000,000.
Outstanding—$790,000.
Denomination—Coupon, $1,000.
Trustee—Metropolitan Trust Co., New York.
Guaranteed principal and interest by American
Gas Co. of Philadelphia. ‘
810
Contre. avovecu vy oucuns wis. ayerpows
Ry. & Lt. Co., which is leased to Tri-State Ry.
& Lt. Co, This latter company was placed in
receivers’ hands in March, 1913.
Secured by a first mortgage on 25 miles of
electric railway; total trackage, 49 miles; located
in and between Steubenville, Toronto and Wells-
ville, Ohio; also on power plant and 85 acre
amusement park. Population served, 42,000.
Street railway franchises expire in 1925 and 1928;
electricity franchises are perpetual.
Underlies—$2,210,000 Steuben & E. Liverpool
5s
Original Market—Offered by Edward B. Smith
& Co., New York and Philadelphia, at 101 and
interest in July, 1903.
Market.
Philadelphia—E. B. Smith & Co., Oscar R.
are, G. N. Fleming.
Boston—H. C. Spiller & Co. a
Pittsburgh—H. P.: Taylor & Co.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
STEWART SUGAR CO. 1st 6s. Due April 1,
1927.—F.
Dated April 1, 1907. Interest payable April 1
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$1,250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
4 Hedeemable at 105 and interest on any interest
late.
Organization—Incorporated in New Jersey in
Secured by a first mortgage on 21,000 acres
of cane land with a complete modern sugar mill,
warehouses, etc., and 45 miles of standard gauge
railroad and equipment located in Camaguay
Province, Cuba. ;
Underlies—$1,500,000 2nd 7s of 1927.
Original Market—Offered in May, 1912, by
Wm. A. Read & Co., New York, Boston, ete.
Market.
New York—Chas. H. Jones & Co., Wm. A.
Read & Co., Ernest Smith.
Boston—Wnm. A. Read & Co.
ATE WART SUGAR CO. 2nd 7s. Due May 1,
Dated May 1, 1907. Interest payable May
and Nov. 1, at Company’s office, 27 William St.,
New York.
Authorized and Outstanding—$1,500,000.
Trustee—Columbia Trust Co., New York.
Secured by a second mortgage on the property
of the company at Stewart, Province of Cama-
guay, Cuba.
Prior Liens—$1,250,000 1st 6s, see above.
arket.
New York—J. K. Rice, Jr., & Co.
Boston—Wnm. A. Read & Co.
STONE, LIMITED, 1st 6s. Due March 1, 1931.
Dated March 1,1911. Interest payable March
and Sept. 1, at Toronto General Trust Corp.,
Toronto.
Authorized—$300,000.
Outstanding—$200,000.
Denomination—Coupon, $500 and _ $1,000.
Registerable as to principal.
Trustee—Toronto General
Toronto, Canada. ;
Redeemable as a whole after March 1, 1916,
or for the sinking fund, on any interest date at
105 and interest.
Sinking Fund—1 2-3% annually of bonds out-
standing for purchase of bonds at not exceeding
105 and interest, bonds to be drawn if not obtain-
able by purchase. Sinking fund bonds are to be
kept alive and their interest added to the annual
appropriation.
Trusts Corp.,
811
Organization—Incorporated in Canada in 1911
Secured by a first mortgage on the litho-
graphing plant of the company at Toronto, Can.
Original Market—Offered, by the Canada
Securities Corp., Montreal, in Aug., 1911.
Market.
Montreal—Canada Securities Corp. Canada
Industrial Bond Corp., Ltd.
Toronto—Canada Securities Corp., Ltd.
STONY CREEK RAILROAD CO. Ist Ext. 4s.
Due Oct. 1, 1957.—F.
See Map 105.
Tax exempt in Pennsylvania.. i
Dated October 2, 1872. Extended Oct. 1,
1907, with interest reduced from 7%. Interest
ayable April and Oct. 1, at Reading Terminal,
hiladelphia.
Authorized and Outstanding—$350,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Guaranteed as to principal and interest by the
Reading Company. :
Organization and Control—Incorporated in
Pennsylvania in 1868. A majority of stock is
owned by.the Reading Co.
Secured by a first mortgage on (14) 10 miles of
road from Lansdale to Norristown, Pa.
Net Earnings, 6/30/14........... $35,154
Interest. iio. s ecirciane se 2 sgecees o eee se 14,180
Legal for Me.
Market.
Philadelphia—E. W. Clark & Co.
STREET’S WESTERN STABLE-CAR LINE
Ist Equip. 5s. Due annually June 1, to
1927, inclusive.—F.
Dated June 1, 1909. Interest payable June 1
and Dec. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,600,000.
Retired—$400,000.
Balance due as follows: $95,000 June 1, 1915;
$100,000 June 1, 1916; $105,000 June 1, 1917;
$110,000 June 1,1918; $115,000 June 1, 1919;
$120,000 June 1, 1 $125,000 June 1, 1921;
; $140,000 June 1, 1923;
,» 1924; $155,000 June 1, 1925;
$160,000 June 1, 1926; $100,000 June 1, 1927.
Denomination—Coupon, $1,000. Registerable
as to principal. .
Trustee—First Trust & Savings Bank, Chicago.
Redeemable at 105 and interest on 60 days’
notice.
Secured by a first_mortgage on 7,500 stock
cars which cost $4,875,000, and on the repair
plant at Chicago. Title to the equipment re-
mains in Trustee until these bonds have been re-
tired. The company agrees to keep the equip-
ment in proper order and maintains a surplus of
$1,200,000.
Net Earnings, 6/30/14.......... $106,307
TMterest Ct@. oo ceie ios cee cscs nes oa 82,084
Original Market—$2,000,000 offered in June.
1909, by A. B. Leach & Co., New York, Chicago,
etc., at prices to yield from 5% to 5.3%.
Market.
New York—A. B. Leach & Co.
Cleveland—John W. Moore.
St. Louis—Bowman, Cost & Co.
Chicago—Hulburd, Warren & Chandler.
(THE) STUDEBAKER CORPORATION Serial
5% Notes. Due $400,000 semi-annually
each March and Sept. Ist, to March 1, 1922.
—N.
Dated March1,1912. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$8,000,000.
Outstanding—$2,944,500.
Retired—$2,450,000.
Denomination—Coupon,
$500 and $1,000.
Registerable as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 101}4 and interest on any in-
terest date on 30 days’ notice, as a whole only.
Organization—Incorporated in New Jersey in
911. The company .Owns one of the largest
and best known carriage and wagon building
plants in America, located at South Bend, Ind.,
and extensive automobile plants at Detroit and
Pontiac, Mich.
Security—A direct obligation of the company,
but not secured by mortgage. The company
eovenants that cash and quick assets shall be
at all times equal to at least 175% of its lia-
bilities and indebtedness, secured and unse-
cured, including notes of this issue outstanding,
and that it will not create any mortgage upon
any part of its real or personal property (except
purchase money mortgages and pledges of cur-
rent assets or securities ‘in the usual course of
business) unless it shall make provision in such
mortgage for the security thereunder and ratably
with any and all bonds, notes or obligations of
the company that may, at any time, be issued
under, or secured by, any such mortgage, of -all
the notes issued hereunder and then outstand-
ing. These notes are the only funded obliga-
tion of the company. :
Net Earnings, 12/31/14 $5,345,396*
TInterest s,s ness nen G6 ok ia
*Compares with $2,483,134 in 1913.
tInterest paid less interest received.
Original Market—$8,000,000 offered in March,
1912, by Lehman Brothers and Goldman, Sachs
& Co., New York, on a 5.40% basis.
#2 Market.;. Bs
New York—Seasongood & Haas, Babcock,
Rushton & Co., Kean, Taylor, & Co., Wolff &
Stanley, Parkinson & Burr, Goldman, Sachs &
Co., J. J. Levenson.
Philadelphia—Newburger, Henderson & Loeb.
Chicago—Emery, Peck & Rockwood, Follans-
bee & Co., Babcock, Rushton & Co.
Boston—Parkinson & Burr.
STURGIS; GOSHEN & ST. LOUIS RAILWAY
CO. 1st 3s. Due Dec. 1, 1989.—N.
See Map 83. .
Dated Dee. 1, 1889. Interest payable June
and Dec. 1, at Grand Central Station, New York.
Authorized—$322,000, and $15,000 per mile
up to $2,500,000, including those now outstand-
ing.
Outstanding—$322,000.
Denomination—Coupon, $1,000.
Trustee— Metropolitan Trust Co., New York.
Guaranteed principal and interest by the Lake
Shore & Michigan Southern Ry. Co. by endorse-
ment.
Assumed by the New York Central R. R. Co.
Absorbed by the New York Central R. R. Co.
Secured by a first mortgage on (15) 29 miles of
road from Goshen, Ind., to Sturgis, Mich. These
Bande are outstanding at the rate of $11,100 per
mile. ;
Underlies—$290,000,000 L. S. & M. S. R. R.
and N. Y. C. R. R. bonds, not including N. Y. C.-
L. 8. & M.S. Coll. Tr. bonds. i
Legal for Fla., Me., Mo., Mich., Minn., N. H.
and N. Y.
Market.
New York—Spencer Trask & Co.
SUBURBAN GAS & FUEL CO. OF YORK
COUNTY Ist 5s. Due Oct. 1, 1940.
Tax exempt in Pennsylvania. ‘
Dated Oct. 1, 1910. Interest payable April
and Oct. 1, at Security Trust Co., Harrisburg, Pa.
Authorized—$80,000.
Outstanding—$70,000. .
Denomination—Coupon, $500.
Trustee—Security Trust Co., Harrisburg, Pa.
Redeemable on any interest date after Oct. 1,
1915, at 105 and interest.
2 Organization—Incorporated in Pennsylvania
in
Secured by a first mortgage on gas plant
supplying Dallastown, Red Lion, Windsor and
eae, in York County, Pa. Population served,
"Original Market—First offered by O. B. Lan-
singer & Co., Philadelphia, at 97 and interest in
May, 1911.
Market.
Boston—Hotchkin & Co.
SUBURBAN GAS CO. OF PHILADELPHIA
1st Cons. 5s. Due April 1, 1952.~-F.
Dated April 1, 1902. Interest payable April
and Oct. 1, at Real Estate Trust Co., Phila-
delphia. Oe
Authorized—$2,500,000.
Outstanding— $1,649,000.
Denomination—Coupon, $1,000.
as to principal. 3 : ‘ i
Trustee—Real Estate Trust Co., Philadelphia
Redeemable at 108 and interest.
Control—Absorbed by Phila. Suburban Gas
& Electric Co., which is controlled by American
Ges Oh through ownership of entire capital
stock. ‘
Underlies—$2,768,000 Phila. Suburban G. &
E. Co. 5s.
Prior Liens—$643,000 bonds of merged com-
panies.
Net Earnings, P. S. G. & E. Co.
Registerable
B27 BU 2 ioc ojacacs ey vecanar apiece casaans $418,638
TRCEreSt jes nkuaysie nearnie oie Lace 294,639
This: Issues os o.es 6s eevee es ots 156,239
Philadelphia—Reed A. Morgan & Co., E. B.
Smith & Co., Bioren & Co., O. B. Lansinger &
Co., E. V. Kane & Co., C. D. Barney & Co.,
Henry & West, Samuel K. Phillips, Barclay,
Moore & Co., Geo. S. Fox & Sons, Oscar R. Dare,
Robt. Glendinning & Co., Robt. D. Ghriskey &
Co., Harper & Turner.
SUBURBAN RAPID TRANSIT CO. Ist 5s.
Jan. 31, 1938.—N.. 3
Dated Feb. 1, 1908. Interest payable Feb. 1
and Aug. 1, at Bank of Montreal. y
Authorized—$500,000, plus $20,000 per mile.
Outstanding—$500,000.
Denomination—Coupon, $1,000.
as to principal. :
Guaranteed as to principal and interest by the
Winnipeg Electric Ry. Co. by endorsement. _
Organization and Control—Incorporated in
Manitoba in 1902. Controlled by the W. E.
Ry. Co. through stock ownership.
Secured by a first mortgage on the property
of the Company, including 19 miles of track
from Winnipeg to Headingly.
Due
Registerable
Net Earnings, 12/31/13......... $3,166
Enterest yiyacs faiscesonmee aes x ute 26,968
Net Earnings, 12/31/14, W. E.
Co., after interest.......... 994,611
Original Market—First offered by the Domin-
ion Securities Corp., Toronto, Montreal, etc.,
and Baker, Ayling & Co., Boston, at 95 and
interest.
Market.
Montreal—Dominion Securities Corp., Ltd.
SUFFOLK & CAROLINA RAILROAD Ist
Cc Due July 1, 1952.—F.
See Map 90.
Dated July 1, 1902. Interest payable Jan. and
July 1, at Trustee’s office, Baltimore.
Authorized—$1,000,000.
Outstanding—$650,000 (Closed mortgage).
Held in N. S. R. R. Co. Treasury—$50,000.
Denomination—Coupon, $1,000. Registerable
as to principal. f .
Trustee—International Trust Co., Baltimore.
Redeemable at any time at 110 and interest.
812
Absorbed by Norfolk Southern R. R. Co.
Secured by.a first mortgage on (7) 73 miles of
road from Suffolk, Va., to Edenton, N. C., and
Beckford Jet. to Elizabeth City, N. C. These
ends are outstanding at the rate of $9,000 per
mile.
Underlies—$17,200,000 Norfolk & Southern
1st 5s of 1941; 1st Gen. 5s of 1954 and Norfolk
Southern 1st & Ref. 5s of 1961, under which latter
mortgage bonds are reserved for the retirement
of this issue. es
Legal for Balt. and R. I.
: . Market. :
New York—Bigelow & Co., Gilman & Clucas.
Wood, Struthers & Co.
Baltimore—Middendorf, Williams & Co., J.
pareaans Fisher & Son, Jenkins, Whedbee &
‘oe.
SULLIVAN COUNTY RAILROAD Ist 4s.
April 1
» 1924. f
See Map 13. ;
Dated March 31, 1894. Interest payable
April and Oct. 1, at Trustee’s office. E
Authorized—$400,000. .
Outstanding—$357,000.
Denomination—-Coupon, $1,000. Registerable.
as to principal. Registered, $1,000.
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Organization and Control—Incorporated in
New Hampshire in 1846. The Vermont Valley
R. R. Co., a subsidiary of the Boston & Maine
R. R, Co., owns the entire capital stock.
Secured by a first mortgage on (11) 26 miles of
road from Bellows Falls, Vt. connecting with
Vt. Val. R. R. to Windsor, Vt. connecting with
Cent. Vt. R. R. This road forms part of the
main line of the Central Vermont Ry. between
Montreal and New London, Conn., that company
having trackage rights over this line. These
bonds are outstanding at the rate of $13,700
per mile.
Net Earnings, 6/30/14
Interest...........-. ee
Legal for Cal., Conn., M
Minn., N. J. and Wis. ®
SULZBERGER & SONS CO. 6% S. F. Deb.
Due June 1, 1916.—F.
Dated March 1,1912. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized—$5,000,000.
Outstanding—$4,100,000. 2
Retired by Sinking Fund—$900,000. —
Denomination—Coupon, $1,000. Registerable
as to principal.
Redeemable as a whole only at 10334, Sept.,
1912; 10314 March, 1918; 10224, Sept., 1913;
102144 March, 1914; 10134, Sept., 1914; 10114,
March, 1915; 10034, Sept., 1915, and 100}4, Mar.,
1916, or for sinking fund at 102 4 and interest.
Trustee—Equitable Trust Co., New York.
Sinking Fund—The Company is required to
retire $300,000 annually of these debentures by
purchase or redemption at not over 102%,
commencing March 1, 1913. | .
Organization—Incorporated in New York in
Due
hice hed eioia $105,375
7, j Mass., Mich.,
Security—A direct obligation of the Company
but not secured by a mortgage. The company
covenants that no mortgage or lien shall be
placed on any of the three plants of the company,
in Kansas*City, Chicago and New York, during
the life of any of these debentures. The plants
and buildings, which are free and clear, includ-
ing branch house properties, were valued in 1911
at over $10,000,000. There are also outstand-
ing $4,600,000 6% dehentures, due 1916, of
Schwarzschild & Sulzberger Co.
‘Net Earnings, after interest, etc.,
12/31/14 $1,511,000
Listed on the Unlisted Department of’ the
Chicago Stock Exchange.
813
Original Market—$5,000,000 offered in Feb.,
1912, by Hallgarten & Co., New York and Wm.
Salomon & Co., New York and Chicago, at 101
and interest.
Market.
New York—Geo. H. Burr & Co., Curtis &
Sanger, Wm. Salomon & Co., Bull & Eldredge,
Hallgarten & Co., Goldman, Sachs & Co., J. K.
Rice, Jr., & Co., Rauscher & Childress, John
J. Levenson, Mann, Bill.& Ware, E. & C. Ran-
dolph, L. A. Norton, Seasongood & Haas, Whitte-
more, Pell & Co., Salomon Bros. & Hutzler,
Hornblower & Weeks. is
Boston—Curtis & Sanger, Edgerly & Crocker.
New Haven—Chas. W. Scranton & Co.
Chicago—Merchants’ Loan & Trust Co., Chi-
cago Savings Bank & Trust Co., Hulburd,
Warren & Chandler, Harris, Winthrop & Co.,
Curtis & Sanger.
Toledo—Secor & Bell. *
Hartford—Richter & Co.
Philadelphia—Cassatt & Co.
Kansas City—Orthwein, Matchette & Co.
SUMTER & WATEREE RIVER RAILROAD
CO. 1st 5s. Due April 1, 1919.—F.
See Map 122.
Dated May 15, 1899. Interest payable April
and Oct. 1, at J. P. Morgan & Co., New York.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Control—Absorbed by the Southern Ry.,
Carolina Div., all of the stocks and bonds of
which are owned by and the road leased to the
Southern Ry. Co.
Assumed by the Southern Ry.,
Division.
Secured by a first mortgage on (9) 16 miles of
road from Sumter Jct., to Sumter, 8. C. These
bonds are outstanding at the rate of $6,200 per
mile.
Underlies—$5,000,000 Southern Ry. Carolina
Division 4s of 1952, all of which are deposited
under the Southern Ry. Dev. & General Mtge 4s.
Refunding—An equal amount of Southern
Ry. Dev. & Gen. 4s of 1956 is reserved to retire
this issue.
Legal for California.
Market.
New York—Wm. A. C.
Nachod & Kuhne.
SUNBURY & LEWISTOWN RAILWAY CO.
1st 4s. Due July 1, 1936.—F.
See Map 98.
Tax exempt in Pennsylvania.
Dated July 1, 1896. Interest payable Jan.
and July 1, at Broad Street Station, Philadel-
phia. :
Authorized—$600,000.
Outstanding—$500,000.
Denomination—Coupon, $1,000.
as to principal. ;
Trustee—Guaranty Trust & Safe Deposit Co.,
Philadelphia. ; .
Control—Merged into the Pennsylvania R. R.
Co. in 1902.
Assumed by the Pennsylvania R. R. Co. at
consolidation. a
Secured by a first mortgage on (11) 56 miles of
road from Selinsgrove Jet. to Milroy, Pa, These
bonds are outstanding at the rate of $9.100 per
tile.
_ Underlies—$138,000,000 Pennsylvania R. R.
Co. Cons. 5s, 4s and 344s of 1919-1948 and De-
bentures. ; ; :
Legal for Balt., Cal., Conn., Fla., Me., Mich.,
Mass., Minn., Mo., N- f
and Wis. ‘
Listed on the New York Stock Exchange.
Carolina
Ewen, Knauth,
Registerable
» N. JO, N.Y. B.-L
Market.
Philadelphia—Henry & West, E. W. Clark &
8 Reed A. Morgan & Co., Robt. Glendinning
0.
New York—Effingham Lawrence & Co.,
Coffin & Co.
SUNBURY,. HAZELTON & WILKES-BARRE
BeEWAN CO. 1st 5s. Due May 1, 1928.
See Map 98.
Dated May 1, 1878. Interest payable May
and Nov. 1, at Broad Street Station, Philadelphia.
Authorized, Series A—$1,000,000.
Authorized, Series B—$1,000,000.
Outstanding—$454,600 Series A.
Held in Sinking Fund—$545,400 Series A.
Denomination—Coupon, $100, $500, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
_ Redeemable for Sinking Fund at par and
interest. ;
Sinking Fund—Annually one-half of 1% of
the bonds. of Series A, together with the interest
on the bonds in the Sinking Fund at the time,
shall be applied to the purchase of this series
at not exceeding par; bonds so purchased to re-
main alive in the Sinking Fund.
Control—Absorbed by the Pennsylvania R. R.
’
0. ;
Assumed by the Pennsylvania R. R. Co.
Secured by a first mortgage on (12) 48 miles of
road from Sunbury to Tombhicken, Pa., and
about 1,500 acres of coal land in Columbia
County, Pa. This road serves an important
part of the anthracite coal field, and forms a part
of the Pennsylvania R. R’s line into Wilkes-
These bonds are outstanding at the
rate of $10,500 per mile.
Underlies—$190,000,000 2d 6s and the Penn-
sylvania R. R. Cons. 5s, 4s and 334s of
1919-1948 and debentures.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mies Minn., Mo., N. H., N. J., N. Y., R. I.and
iS
is.
Listed on the Philadelphia Stock Exchange.
Market.
- Philadelphia—Henry & West, Chas. Fearon &
Co., Mellor & Petry, S. K. Phillips, Perry P.
Strassburger, Reed A. Morgan & Co., Wistar &
Stokes.
New York—Blodget & Co., F. J. Lisman & Co.,
Didrichsen & Co.
Providence—John C. Hume & Co.
Hartford—Roy P. Crary.
SUNBURY, HAZELTON & WILKES-BARRE
RAILWAY CO. 2d 6s. Due May 1, 1938.
N.
See Map 98.
: Dated May 1, 1878. Interest payable May and
Nov. 1, at Broad Street Station, Philadelphia.
Authorized—$1,250,000.
Outstanding—$1,349,500.
Denomination—Coupon, $1,000, $500 and $100.
Fully registerable.
Trustee—Fidelity Trust Co., Philadelphia.
Control—Absorbed by the Pennsylvania R. R.
Co.
Assumed by the Pennsylvania R. R. Co.
Secured by a second mortgage on (12) 43 miles
of road from Sunbury to Tomhicken, Pa., subject
to a prior lien at the rate of $10,500 per mile.
These bonds are outstanding at the rate of
$19,900 per mile.
Prior Liens—$1,000,000 Sunbury, Hazleton &
Wilkes-Barre Ry. Co, 1st 6s of 1928, of which
$425,800 are held alive in the Sinking Fund.
Underlies—$1388,000,000 Pennsylvania R. R
Cons. 5s, 4s and 334s of 1919-1948 and deben-
tures.
Legal for Balt., Minn., N. H. and R. I.
Listed on the Philadelphia Stock Exchange.
814
Market. oe
New York—Blodget & Co., Coffin & Co.
Boston—Bigelow & Co., A. E. Fitkin & Co.
Philadelphia—Chandler & Co., Chas. J.
Bender & Co., J. Paul Lloyd, Borden & Knob-
lauch, Montgomery, Clothier & Tyler, Henry &
West, Mellor & Petry, Reed A. Morgan & Co.
Providence—J. C. Hume & Co.
Hartford—Roy P. Crary.
SUNDAY CREEK CO. Coll. Tr. S. F. 5s. Due
July 1, 1944.—F.
Dated July 1, 1905. Interest payable Jan.
and July 1, at J. P. Morgan & Co., New York.
Authorized—$3,900,000.
Outstanding —$3,503,000.
Redeemed by Sinking Fund—$397,000.
Denomination—Coupon, $1,000. Registerable
as to principal. i ; ¥
Trustee—Central Trust Co., New York. |
Redeemable at 100 and interest by lot on or
before June 5th of each year.
Sinking Fund—$35,000 annually since July 1,
1906, plus the interest on bonds redeemed.
Organization and Control—Incorporated in
New Jersey in 1905. Controlled by the Hocking
Valley Ry. Co. through stock ownership.
Secured by a first mortgage on 16,300 acres of
coal lands in Ohio and a first lien on certificates of
beneficial interest representing the entire $3,-
250,000 stock of the Continental Coal Co.
and $3,230,000 of the $3,250,000 stock of the
Kanawha & Hocking Coal & Coke Co. The
former company owns 2,200 acres of coal and
leases about 28,000 acres, subject to $1,760,000
bonds, while the latter company owns 21,000
acres and leases 12,000 acres, subject to $2,900,-
000 bonds. These properties are located in
Athens, Hocking and Perry Counties, Ohio and
Fayette and Kanawha Counties, West Virginia,
and include numerous coke ovens, miners homes
and other equipment.
Underlies—$3,934,000 Second Mtge. 1s—4s.
Net Earnings, 3/31/09 (Latest
available)............. 0000008 $610,675
Interest, etc............+-65- ses. 178,618
Listed on the New York Stock Exchange.
Market.
New York—A. E. Fitkin & Co., F. J Lisman
& Co., Hartshorne & Picabia, McGeorge &
Vanderhoef, E. Bunge & Co., E. & C. Randolph,
Gude, Winmill & Co., H. F. Hatch & Co.,, J. S.
Bache & Co., Whittemore, Pell & Co.
Boston—H. C. Spiller & Co.
SUPERIOR SHORT LINE RAILWAY Co. Ist
5s. Due June 1, 1930.—N.
Dated June 1, 1895 Interest payable March
and Sept. 1, at C., St. P., M. & O. Ry. Co. office
New York.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Control—Absorbed by the Chicago, St. Paul,
Minneapolis & Omaha Ry. Co. :
“Assumed by the Chicago, St. Paul, Minne-
apolis & Omaha Ry. Co. ‘
Secured by a first mortgage on (18) 10 miles of
road from a point near Lake Ave., Duluth, Minn.
to a junction with the C., St. P., Minn. &
Omaha Ry. Co. in Superior, Wis., and 33 miles of
side track, including lands owned in Superior
and Duluth, together with all wharfs and _build-
ings. This line affords the Chicago & North-
Has System its only entrance into Duluth
inn.
Underlies—$26,200,000 Chicago, St. Paul,
Minneapolis & Omaha Cons. 6s and 34s of 1930
and Debentures.
Legal for Balt., Conn., Fla., Me., Mich., Minn.,
Mo., N. H., N. J., R. I. an is.
Listed on New York Stock Exchange.
Original Market—$1,500,000 offered in April,
1911, by Rhoades & Co., New York, at 109%
and interest,
Market.
Minneapolis— Minneapolis Trust Co.
SUPERIOR (WIS.) WATER, LIGHT & POWER
CO. Ref. 5s. Due Sept. 1, 1929.—N.
Dated Sept. 1, 1909. Interest payable March
and Sept. 1, at Trustee’s office.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $250, $500 and $1,000.
woo S. Mortgage & Trust Co., New
ork..
Secured by a mortgage on the property of the
company subject to $2,000,000 ist 4s of 1931.
See below.
Market.
St. Paul—White, Grubbs & Co.
New York—Bigelow & Co., Redmond & Co.
Boston— Warner, Tucker & Co.
Chicago—Hulburd, Warren & Chandler.
SUPERIOR (WIS.) WATER, LIGHT & POWER
CO. ist S. F. 4s. Due May 1, 1931.—N.
Dated May 1, 1901. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,636,000.
Retired by Sinking Fund—$108,000.
Denomination—Coupon, $1,000.
vee S. Mortgage & Trust Co., New
ork.
Redeemable at 103 and interest any time.
Sinking Fund—Annually since May 1, 1910,
1% of bonds outstanding plus interest of bonds
redeemed to be applied to the purchase or
redemption of bonds at not exceeding 105 and
interest. :
Organization—Incorporated in Wisconsin in
Secured by a first mortgage on plant supplying
Superior, Wis., with gas, water and electricity.
Population served, about 40,000. Company
purchases gas from Zenith Furnace Co., of
Duluth. Gas and Electric franchises are per-
petals Water franchise expires in 1917, with
0 year renewal privilege.
Underlies—$200,000 Ref. 5s of 1929. BG
Net Earnings, 6/30/14.......... $195,784
Tnter ests. scat iesevsoete sparse c taanctevere © ’
Original Market—$1,500,000 offered Nov.,
1909, at 81 and interest by Redmond & Co., New
York, and Warner, Tucker & Co., Boston.
Market. Mae
New York—Redmond & Co., A. E. Fitkin &
Co., Berdell Bros., Adams & Co., Bigelow & Co.,
Gude, Winmill & Co.
St. Paul—White, Grubbs & Co.
Philadelphia—E. W. Clark & Co.
Boston—Adams & Co., Warner, Tucker & Co.
Providence, R. I.—Richardson & Clark.
Chicago—Hulburd, Warren & Chandler.
SUSQUEHANNA, BLOOMSBURG & BER-
WICK RAILROAD ist 5s. Due Oct. 1,
1952.—F.
See Map 46.
Tax exempt in Pennsylvania. _
Dated Oct. 1, 1902. Interest_payable April
and Oct. 1, at Fidelity Trust Co., Philadelphia.
Authorized and Outstanding—$700,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. |
Trustee—Fidelity Trust Co., Philadelphia. |
Organization and Control—Incorporated in
Pennsylvania in 1902. Practically the entire
capita stock is owned by the Pennsylvania R. R.
‘0.
Secured by a first mortgage on (8) 43 miles of
railroad from Watsontown to Berwick, Pa.
These bonds are outstanding at the rate of $16,-
300 per mile.
815
Net Earnings, 6/30/14........... $29,149*
Tnterestscec:e ciager eu oceditu a aonsscnsa 35,000
*Compares with $93,554 in 1912-18, and an
annual average for ten years of $60,000.
Market.
Philadelphia—Samuel K. Phillips, C. D.
Barney & Co., H. F. Bachman & Co., E. W.
Clark & Co., Henry & West, Geo. S. Fox & Sons,
Robt. Glendinning & Co.
- New York—Bigelow & Co., Rauscher & Chil-
ress.
Boston—Hotchkin & Co.
SUTTER BASIN CO. (SACRAMENTO, CAL.)
6% Coll. Tr. Notes. Due May 1, 1918.—F.
Dated May 1, 1913. Interest payable May 1
and November 1, at Continental & Commercial
Trust & Savings Bank, Chicago.
Authorized—$5,000,000.
Outstanding—$2,750,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—Continental & Commercial Trust
& Savings Bank, Chicago, and Frank H. Jones.
_ Redeemable on any interest date at 103 and
interest.
Organization—Incorporated in California in
1913. The laws of California provide for pro-
Portionate liability of all stockholders of com-
panies for the debts of the company. 60% of
the stock of this company is owned by J. Ogden
Armour, of Chicago, and the balance by other
Prominent men, all of whom agree not to dispose
of their holdings while any of these notes are
outstanding. The mortgage also provides that
no disbursements shall be made on the stock,
while any notes are outstanding.
Secured by a first lien, by deposit of the entire
$6,000,000 1st mortgage bonds and entire $6,000,-
000 stock of the company, on about 40,000 acres
of land in the southwestern part of Sutter County,
Cal. The land is marshy at present, and the
company is engaged in its reclamation. The
property is traversed by a branch of the Southern
Pacific Railroad, and has river communication
with Sacramento.
Original Market—$2,750,000 offered in July,
1918 by the Continental & Commercial Trust &
Savings Bank, Chicago, Dexter Horton National
Bank and Carstens-Earles Inc., Seattle, at par
and interest.
Market.
Chicago—Breitung & Co., Continental &
Commercial Trust & Savings Bank.
Seattle, Wash.—Dexter Horton National
Bank, Carstens-Earles, Inc.
SWIFT & CO. Ist 5s. Due July 1, 1944.—N.
Dated July 1, 1914. Interest payable Janu-
ary 1 and July 1, in New York and Chicago.
Authorized—$75,000,000.
Outstanding—$25,000,000.
Denomination—Coupon, $500 and $1,000.
Secured by a first mortgage on all of the
packing houses and other property of the com-
pany located in Chicago, E. St. Louis, S. Omaha,,
Kansas City, S. St. Joseph, S. St. Paul, New
York, Boston, Philadelphia, Denver, Milwaukee
and St. Louis, and distributing branch houses in
many other important cities. The company
covenants not to reduce its surplus below $25,-
000,000 and to maintain net quick assets equal:
to the amount of bonds outstanding.
Net Earnings after interest,
VO/26/14s «2 sient ew rater we aa $9,773,302 .
Original Market—Offered to stockholders and
holders of maturing bonds at 96 and interest.
$10,000,000 offered in February, 1915, b:
Potter, Choate & Prentice and White, Weld:
Co., New York, and First Trust & Savings
Bank, Chicago, at 96 and interest. 1
s : Market. : \
Chicago—A. L. Baker & Co., Curtis & Sanger‘
A. B. Leach & Co., W. H. Colvin & Co., Mer-
Registerable
chants Loan & Trust Co., Wm. A. Read & Co.,
Stanwood, Taylor & Co., Babcock, ‘Rushton &
Co., ‘Continental & Commercial Trust & Savings
Bank, Harris, Winthrop & Co., John. Burnham &
Co.
Philadelphia—Oscar R. Dare.
New York—Babcock, Rushton & Co., Did-
richsen & Co., A. B. Leach & Co., H. N. Whitney
& Sons, Potter, Choate & Prentice. :
Bestor— pia. Colony Trust Co., A. B. Leach &
“Hartford—Richter & Co., F. R. Cooley.
New Haven—Kimberley, Root & Co.
Worcester, Mass.—Kinsley & Adams.
Omaha Bane, Brinker’ & Gur.
SYMINGTON. CO. (T. H.) Ist Mige. Conv. 6s.
Due July 1, 1920.—F.
Dated July 1, 1910. Interest payable Jan.
and July 1, at Central Trust Co., New ‘York.
Authorized—$900, 000.
Outstanding—$870,000.
Retired by Sinking Fund—$30, ,000.
Denomination—Coupon, $1,000. .
' Trustee—Central Trust Co., New’ York.
Redeemable at 110 and interest, or fon the
sinking fund at 105 and interest.
Convertible into ee preferred stock, $1, 100
of stock for each $1,000 bond.
Sinking Fund—$5,000 monthly.
Secured by a first mortgage on plant at
Rochester, N. Y., covering five acres of a twenty
acre tract owned by the company. This com-
pany is engaged in the manufacture of railway
equipment, such as journal boxes, draft, gear and
ball bearings.
- Underlies $300, 000 6% notes due serially to
ec. 1,
Net Paine, S/RO7 LBs $492,804
Market. :
Baltimore—Hambleton & Co., J. Harmanus
Fisher & Son.
New York—Wolff & Stanley, C. H. Jones &
Co.,' Hotchkin & Co., K. P. Emmons, F. J. Lis-
man & Co., Lindley & Co., Rauscher & Childress,
J. K. Rice, Jr., & Co.
Boston—-Hotehkin & Co.
SYMINGTON CO. (T. H.) 6% Mtge. Notes.
Due $100,000 Dec. 1, 1915, and $125,000
Dec. 1, 1916.—F.
Tax exempt in New York State.
Dated Tessier 1, 1918. Interest payable
June 1 and Dec. 1.
Authorized—$300,000.
Outstanding—$225,000.
Balance Retired. 2
qrasae—eule Deposit & Trust Co., Baltimore,
Redeemable on any interest date at 102 and
interest.
Secured by a second mortgage on property
described under Ist 6s above. Quick assets
must always be maintained at an amount equiva-
lent to 150% of the amount of these notes
outstanding.
Original Market—Offered by C. E. Mitchell &
Co., New York, in 1914, at 9914 and interest for
1914, 99 for 1915 and 9834 for 1916 maturities.
SYRACUSE & SUBURBAN RAILROAD Ist 5s.
Due Aug. 2, 1927.—F.
Dated August 2, 1897. Interest payable
Feb. and August 1, at Fidelity Trust Co., Phila-
delphia.
Authorized and Outstanding—$400,0
Denomination—Coupon, $500 and a 000.
Trustee—Fidelity Trust Co., Philadelphia.
’ Secured by a first mortgage on 18 miles of
electric railway from Syracuse to Edward’s
Falls, N. Y., with branch. Franchise peeaial:
Underlies—$150, 000 Cons. 5s.
816
, Net er abet ss V1 4 sie csisacea eae $43,232
Interest, et E A Rl eA Ein at vee 85,347
"This issue... Biteaiie ie Os tess paw os 27, 847
Market.
New York—J.S. Farlee & ¢ Co., Foster, & Adams.
SYRACUSE & SUBURBAN RAILROAD Cons.
5s. Due Mey 1, 1953.— F.
Dated May'1 “1908. Interest payable May
and Nov. 1, at Fidelity Trust Co., Philadelphia
Authorized—$550, 0,
_ Outstanding—$150, 000!
' Denomination—Coupon, "$500 and $1, 000."
Trustee—Fidelity Trust Co., Philadelphia. .
Secured by a second mortgage on property
described under 1st 5s, which see above. © ‘
’ Prior Liens—$400,000 1st 5s. © m4
Earnings—See 1st Si Hearse
New York—J. 3 cee & ees Foster &
Adams.
SYRACUSE (N. Y.) GAS CO.
Jan. 1, 1946.—
Dated Jan. Ls 1896. Interest’ ‘payable Jan.
and July 1, at Trustee’s office. | _«
' Authorized and Outstanding—$2,500,000.
Ist 5s. Due
Denomination—Coupon, $1,000. Registerable
as to principal. iy?
Trustee—Guaranty Trust Co., New York.
Assumed by the Syracuse Lighting Co.
Control—Absorbed by the Syracuse. Lighting
Co., which company is controlled through stock
ownership by the Syracuse Light & Power Co.,
: subsidiary of the United Gas Improvement
Oo.
Secured by a first mortgage on the property
formerly owned by the Syracuse Gas Company
which includes the gas plant in the City of
Syracuse and the Baldwinsville Natural Gas Plant
with a pipe line to Syracuse.
Underhes 94) 650,000 Syracuse Ltg. Co. 5s
and 6s.
Net Earnings, 12/31/13.......... $664,628
Interest, tC... ic. see eeua es cias 382,134
THIS 1GSE sure in ewe wns eae eens 149,634
_ Original Market—First offered by Battles &
Co., Philadelphia.
Market.
New York—Harris, Forbes & Co., Tobey &
Kirk, F. H. Hatch & Co., Chandler Bros. & Co.,
E.& C. Randolph, Rauscher & Childress, Foster
& Adams, Chas. H. Jones & Co., Redmond &
Co., Bigelow & Co., Williamson & Squire, Ho-
denpyl,: Hardy & Co., Inc., J. H. Howell & Co.,
John D. Curtis & Co., Miller & Co., Hendrickson
& Co., Geo . H. Burr & Co.
Boston, W. Harris & Co.
Batimore—Riggs & McLane, ‘Mercantile
Trust & Deposit Co., Mackubin, Goodrich &
Boa Colston, Boyce & Co., Sutton & Co., Stein
TOs.
Chicago—Harris ae & Savings Bank, Ho-
denpyl, aontey & Co.,
hilade! Iphis—J. at Tloya, Reed A. Morgan
& Co., Chandler & Co., Borden & Knoblauch,
E. W. Clark & Co., Oscar R. Dare, Henry &
West, M. M. Freeman & Co., Frazier & Co.,
S. K. Phillips, Battles & Co.
Albany—Hy. T. Prince.
Utica—A. James Eckert.
SYRACUSE, LAKE SHORE & NORTHERN
RAILROAD Ist 5s. Due May 1, 1947.—F.
Tax exempt in New York State. .
Dated May 1, 1907. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$2;500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co., New York.
Redeemable at 110 and interest on May 1,
1917, or on any interest date thereafter.
a by the Empire United
ys. Co.
_ Secured by a first mortgage on 48 miles of high
speed interurban electric railway extending from
Syracuse,,N. Y., through Baldwinsville, Phoenix,
Fulton and Minetto.to Oswego, N. Y., and
including the city lines of Oswego. Over 20
miles of the line is double-tracked. ‘The property
is constructed entirely on private right-of-way
owned in fee or under easement, except within
corporate limits, where the company has fran-
chises without time limitation.
Underlies—$933,000 Empire United Rys. 5s.
Net Earnings, 6/30/14.......... $528,081
Interest and taxes.............. 544,986
PDAS ASS UO 3) 2 cs sccsea ava cen en seueiocdiene 498,336
Legal for Maine.
Original Market—$450,000 offered in June,
1909, by J. H. Fertig & Co., New York, and Tim-
berlake & Webb, Portland, Me., at 96 and
interest; also offered in Nov., 1912, by E. H.
Rollins & Sons, Boston, New York, ete., at a
price to yield 5.15%..
~ Market.
New York—Wolff & Stanley, Bigelow & Co.,
F. H. Hatch & Co., Spencer Trask & Co., Chas.
D. Barney & Co., E. H. Rollins & Sons, Chas. H.
Jones & Co., Wm. Kirkpatrick, Didrichsen & Co.,
Rauscher & Childress, Foster & Adams, E. & C.
Randolph, Korn, Lehman & Co., Burgess, Lang
& Co., Miller & Co., J. H. Howell & Co., Kirk-
patrick & Lewis.
Boston—F. W. Mason & Co., E. H. Rollins
& Sons, Burgess, Lang & Co., L. Sherman
Adams.
Buffalo—John T. Steele, Arthur Batty.
Albany—Henry J. Prince.
(THE) SYRACUSE LIGHT & POWER CO.
oll. Tr. S. F,.5s. Due July 1, 1954.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$6,479,500.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
Trustee—Equitable Trust Co., New York.
_ Redeemable for sinking fund only at 105 and
interest on and after July 1, 1915, on six weeks’
notice. :
Sinking Fund—1% annually, commencing
July 1, 1915, of outstanding bonds, to be in-
vested in bonds at not over 105 and interest;
ee so redeemed to be kept alive in sinking
und.
Organization and Control—The Syracuse Light
& Power Co. was organized in 1907, as a holding
company, and has acquired the stock and securi-
ties of the Syracuse Lighting Co., and holds no
other securities or stocks. The authorized
eapital is $1,000,000 of which $378,700 is out-
standing and the balance $621,300 has been sub-
scribed for at par by the United Gas Improve-
ment Co., whenever issued by Syracuse Light
& Power Co. : .
_ Secured by a first lien on the following securi-
ties of the Syracuse Lighting Co.: $2,936,550
(par value) out of $3,000,000 common stock;
$975,400 (par value) out of $1,000,000 preferred
stock; $1,150,000 (total outstanding) out of an
authorized amount of $2,500,000 6% 10-year
Extension & Improvement bonds, due 1919;
and $1,000,000 (entire issue) 6% 20-year Gold
Debentures, due 1927. aan
For details of Syracuse Lighting Co., se neler
Net Earnings, 12/31/13.......... $368,868
Interestacas ies sass seeder eueeax 310,102
Listed on the New York Stock Exchange.
arket.
New York—Chandler Bros. & Co., F. H. Hatch
& Co., L. A. Norton, Redmond & Co., Foster &
Adams, E. & C. Randolph, Chas. H. Jones & Co.,
Plympton, Gardiner & Co., John D. Curtis & Co.,
John W. Christiansen.
Philadelphia—E. W. Clark & Co., S. K.
Phillips, Edward V. Kane & Co., Reed A. Morgan
& Co., Borden & Knoblauch, Chas. J..Bender &
Co., Ervin & Co., Chandler & Co:, Pening-
ton, Colket & Co., O. B. Lansinger & Co., Frazier
Co., Robt. D. Ghriskey & Co., Henry & West,
Oscar R. Dare, M. M. Freeman & Co., Mellor
& Petry, Elkins, Morris & Co., Reed & Huntoon,
Wistar & Stokes. ‘< :
SYRACUSE LIGHTING CO.
June 1, 1951.—F.
Dated June 1, 1901. Interest payable June
and Dec. 1, at Trustee’s office. |
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as.to principal. *
Trustee—Equitahle Trust Co., New York.
Controlled by the Syracuse Light & Power Cu.
which owns $975,400 out of $1,000,000 preferred
and, $2,936,550 of $3,000,000 common stock.
The Syracuse Lt. & Pr. Co. is a subsidiary of the
United Gas Improvement Co. :
Secured by a first mortgage on plant supplying
electricity in Syracuse, N. Y. and vicinity and a
second mortgage on plant supplying gas in the
same territory. Population served, 160,000.
Franchise is perpetual.
Underlies—$1,000,000 20-Year Debenture 6s
of 1927, and $1,150,000 10-Year Extension &
Improvement 6s of 1919.
ist 5s. Due
Net Earnings, 12/31/13......... $664,628
Interest. siess << ssa geree' 382,134
This issue 149,634
Listed on the New York Stock Exchange.
Original Market—Offered Jan., 1902, by
Redmond & Co., New York. ,
Market.
New York—Redmond & Co., Chandler Bros. &
Co., L. A. Norton, Paterson & Co., Plympton,
Gardiner & Co., Chas. H. Jones & Co., Newborg
& Co., Geo. S. Crap, Foster & Adams, William-
son & Squire, Perpall, Shaskan & Droge, Jones
& Lanman, Geo. H. Burr & Co.
Philadelphia—Reed A. Morgan & Co., Borden
& Knoblauch, E. W. Clark & Co., M. M. Free-
man & Co., Oscar R. Dare, Henry & West, S. K.
Phillips, Reed & Huntoon.
Baltimore—Colston, Boyce & Co., Strother,
Brogden & Co., Sutton & Co.
Syracuse—Syracuse Trust Co.
Utica — A. James Eckert.
SYRACUSE RAPID TRANSIT RAILWAY CO.
1st 5s. Due March 1, 1946.—F.
Dated March 1, 1896. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$3,250,000.
Outstanding—$2,500,000. .
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Assumed by the New York State Rys.
Control—Absorbed by the New York State
Rys.
Secured by a mortgage on 45 miles of double
tracked street railway, comprising practically
the entire local system in Syracuse, N. Y. Popu-
lation served, 150,000. Franchises perpetual.
Prior Lien—$750,000 Peoples’ R. R. Co. 1st
5s of 1921.
Underlies—$13,400,000 2d 5s of 1930 and New
York State Rys. 1st Cons. 44s of 1962, which
latter mortgage provides to retire this issue and
its prior lien.
Net Earnings N. Y. S. Rys. Co.,
12/31/14 $2,663,236
Interest.......... 1,355,466
This issue 758,196
Listed on the Philadelphia and Cleveland
Stock Exchanges.
817
Market.
New York—Wolff & Stanley, F. H. Hatch &
Co., Tobey & Kirk, J. H. Bache & Co., Chas. H.
Jones & Co., Foster & Adams, 9, Breese, Lang &
Co., Wm. son atrick, Geo. S. Crap, Leonard
Petes Co., John D. Curtis & Co., Kirkpatrick
ewis. .
alledephe peade K. Philliy Ms Chandler
Bros. & Co., Clothier Jones = -» Osear R.
Dare, Henry = West, Frazier & Co. R. Glen-
dinning-& Co.
Buffalo—Johbn T. Steele, :
Baltimore—Baker, Watts & Co.,
Whedbee & Poe.
Syracuse—Syracuse Trust Co.
Jenkins,
SYRACUSE RAPID TRANSIT RAILWAY CO.
2d 5s. Due Jan. 1, 1930.—
Dated Jan. 1, 1900. Interest payable Jan.
and July 1, at Citizens’ Savings & Trust Co.,
Cleveland, Ohio, and First National Bank, N. Y.
Authorized—$750,000.
_ Outstanding—$654,000 (Balance have been
issued and are in the treasury).
818
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Citizens’
Cleveland, O. |
Redeemable on any interest date.
Control—Absorbed by New York State Rys.
Co.
Assumed by New York State Rys. Co,
Secured by a second nipiteade on property
described under Ist 5s abov
Underlies—$12,748,000 Naw York State Rys.
4
tee Liens—$2,500,000 1st 5s.
Net Earnings N. Y. S. Rys. Co.,
Savings & Trust Co.,
V2/81/ 14s oe sceptics c wns ox $2,663,236
Interest... .... 60-66 cece ee eee 1,355,466
THIS 158UC 6s 5 6 esis 6 307 90,896
Listed on the Cleveland Stock Exchange.
Market. :
’ New York—Bigelow & Co., Chas. H. Jones &
0.
coe R. Dare, Chandler Bros.
Co. :
T
TACOMA EASTERN RAILROAD Ist 5s. Due
Jan. 1, 1923.—F,
See Map 32
Dated Jan. 1, 1903. Interest payable Jan.
and July 1 at Harris Trust & Savings Bank,
Chicago, and Harris, Forbes & Co., New York.
Authorized—$1,500,000. é
Outstanding —$8384,000.
Denomination—Coupon, $1,000.
as to principal.
_Trustee—Illinois Trust & Savings Bank,
Chicago. .
Redeemable at 110 and interest.
Registerable
Organization and_ Control—lIncorporated in
Wash. in 1890 and has traffic agreements with
the Chicago, Mil., & St. Paul Ry., which owns
the entire capital stock. :
Secured by a first mortgage at the rate of
$9,500 per mile, on (5) 93 miles of railroad from
Morton to Tacoma, Wash., with branches. This
road affords the Chicago, Milwaukee & St. Paul
system an entrance into Tacoma. These bonds
are outstanding at the rate of $9,500 per mile.
Net Earnings, 6/30/14.......... $145,121
Interest of Funded Debt.......... 44,200
+ Int. paid C., M. & St. Paul...... 112,299
Original Market—Offered by N. W. Harris &
Co., New York, Chicago and Boston, at par and
interest in March, 1903.
Market.
New York—Harris, Forbes & Co., Percy H.
Bradshaw.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Sav. Bank.
TACOMA GAS & ELECTRIC LIGHT CO. Ist
5s. Due May 1, 1926.—N.
ieee May 1, 1905. Extended in 1915 to
Outstanding—$416,000.
Control—Absorbed in 1909 by Tacoma Gas Co.
The entire capital stock of the latter company is
owned by the Standard Gas & Electric Co.
Secured by a first mortgage on part of the
plants supplying gas to Tacoma, Wash. Popula-
tion served, 90,000. Franchises expire in 1934.
DREr nee —-F 2a MNG seats Gas Light ‘5s.
arket.
New York—Hotchkin & Co., Bigelow & Co.,
Edmund Seymour & Co., J. A. Clark & Co.
Chicago—H. M. Byllesby & Co.
TACOMA (WASH.) GAS LIGHT CO. Ref. 5s.
Due June 1, 1926.—F.
Dated June 1, 1906. Interest payable June 1
and Dee. 1, at Trustee’s office.
Authorized—-$2,000,000.
Outstanding—$1,559,000. $683,000 are owned
by the Standard Gas & Electric Co. and pledged
under its Convertible 6s of 1926.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
_ Control—In 1909 the Tacoma Gas Co. was
incorporated in Delaware as successor company.
$407,800 of $750,000 preferred stock and $1,097,-
100 of $1,550,000 common stock of the latter
company is owned by the Standard Gas Electric
Co. and deposited under its Conv. 6s. :
Management—H. M. Byllesby, & Co., Chicago.
Secured by a mortgage on plants supplying
gas to Tacoma and Puyallup, Washington. The
company also supplies gas through high pressure
mains to Olympia, Wash. Property covered in-
cludes 242 miles of mains. Population served,
about 110,000. Franchise in Tacoma expires in
1984 and in Puyallup in 1959. ‘
Prior Lien—$416,000 Tacoma Gas & Electric
Co. 1st 5s of 1926 for the retirement of which
bonds are reserved under this mortgage.
Original Market—$500,000 offered in June,
ete at 9714 and interest. by E. H. Gay & Co.,
oston.
‘Registerable
819
-at the rate of $13,600 per mile.
Market.
New York—F. H. Hatch & Co., J. K. Rice, Jr.,
& Co., Burgess, Lang & Co., Bigelow & Co., E.
C. Randolph, Kirkpatrick & Lewis, R. B. Hatha-
way & Co., H. M. Byllesby & Co.
Boston—F. W. Mason & Co., L. Sherman
Adams.
Philadelphia— Montgomery, Clothier & Tyler.
Chicago—Hulburd, Warren & Chandler, H.
M. Byllesby & Co. .
TACOMA RAILWAY & POWER CO. Ist 5s.
Due April 1, 1929.—N.
Dated April 1, 1899. Interest payable April
aa Oct. 1, at Old Colony Trust Co., Boston,
ass.
Authorized—$1,500,000. :
Outstanding—$1,500,000 ($264,000 owned by
Puget Sound Electric Ry. Co.). — :
_ Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Old Colony Trust Co., Boston.
Organization and Control—Incorporated in
1899 in New Jersey and acquired the street rail-
way properties in Tacoma, Wash, The entire
$2,000,000 capital stock is owned by the Puget
Sound Electric Ry. which company is controlled
through stock ownership by the Puget Sound
Traction Light & Power Co.
Management—Stone & Webster, Boston.
Secured by 2 first mortgage on the entire
street railway system in Tacoma, Wash,. com-
prising about 130 miles of track, and also on
power plant and on distribution system supply-
ing electric light and power to a part of Tacoma.
Population served, (1910) 83,743. Principal
railway franchise expires in 1939, and electric
light and power in 1930. :
Refunding—Bonds are reserved under the
Puget Sound Electric Ry. Co. first consolidated
mortgage to retire this issue.
Net Earnings, P.S. T., Lt. & Pr.
12/31/14..... i. ltteer ++». $3,448,966
Interest and sinking funds..... _ 2,118,856
Original Market—$200,000 offered in 1909 by
Hayden, Stone & Co., New York, Boston, etc.,
at 102 and interest. -
Market.
New York—Douglas Fenwick & Co., Hayden,
Stone & Co., Gude, Winmill & Co., John D.
Curtis & Co., Berdell Bros., John W. Christiansen.
Baltimore—J. S. Wilson, Jr., & Co., Owen
Daley & Co.
Boston—Stone & Webster.
TAMPA & GULF COAST RAILROAD Ist 5s.
Due April, 1953.—F. —
Dated April 1, 1918. Interest payable April
and Oct. 1, in New York and Baltimore.
Authorized—$5,000,000.
Outstanding—$750,000.
Denomination—Coupon, $1,000.
Trustee—Continental Trust Co., Baltimore.
Guaranteed poneinel and interest by en-
dorsement by the Seaboard Air Line Ry.
Organization—Incorporated in Florida in 1913
and acquired the property of the Tampa & Gulf
Coast Ry.
Secured by first mortgage on 55 miles of
road from Gulf Coast Jct., near Tampa, Fla., to
Clearwater, Fla., and branches to Tarpon Springs
and Fort Richey. These bonds are outstanding
Some twenty
miles additional are to be constructed with the
roceeds of bonds already sold. Further secured
fy pledge of 50-year traffic agreement with the
Tampa & Northern R. R. giving the company
entrance into Tampa and use of Tampa terminals.
Net Earnings, 6/30/14........... $17,327
Interest is being charged to construction.
arket.
New York—J. B. Colgate & Co.
Baltimore—Townsend Scott & Son.
TAMPA & IAC RSONTIULE RAILWAY Ist 5s. -
Due Oct. 1, 1949.
Dated April 1, 1909. NGatart. payable April
and Oct. 1, at Guaranty Trust Co., New York.
- Authorized—$10,000 sg mile of road.
Outstanding—$540,0
Held in Tieaure—ean, 000.
Denomination—Coupon, $1, 000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Organization—Incorporated in Florida in 1907
as a consolidation of the Gainsville Ry. Co. and
the Tampa & Jacksonville Ry. Co.
Secured by first mortgage at the rate of $10,-
000 per mile on 56 miles of road from Sampson
City to Emathla, Fla.
Net Earnings, 6/30/14 $24,228
Interest, C6@:: cies cy cuvnee ¢ eecesiocs 27,37
Original Market—First offered by F. J. Lisman
& Co., New York.
TAM et ELECTRIC CO. 1st 5s.
Dated June ‘1, 1908 Interest payable June
and Dee. 1, at American Trust Co., Boston.
Authorized —$2, 000,000.
Outstanding —$846, 000.
In Treasury—$330,500.
Cancelled by Sinking Fund—$53,50
- Denomination—Coupon, $500 "and $1,000.
Registerable as to principal.’
Trustee—American Trust Co., Boston,
Redeemable at 105 and interest on any interest
date ‘as a whole or'in part for sinking fund.
Sinking rong ae annually of bonds out-
standing payable August 1st, for the purchase or
redemption of these bonds at not over 105 and
interest.
Organization and Control—Incorporated in
Florida in 1899, and acquired the street railway
and electric light and power properties in and
Due June 1,
around Tampa, Fla. In April, 1913, purchased
at foreclosure, the property of the ampa &
Sulphur Springs Traction Co. e Public
Service Investment Co. owns $101,700 of $2,-
244,000 capital stock.
Management—Stone & Webster, Boston.
Secured by a first mortgage on plant supplying
electric light and power to Tampa, Fla., on 52
miles of street and interurban railway track,
embracing the entire street railway system of
Tampa and extensions from that city to Port
Tampa and Sulphur Springs. Population served
over 60,000. Franchises are for 999 years
from 1899.
Net Earnings, 12/31/14 $460,922
Interest and sinking fund....... 5
Original Market—$600,000 offered in June,
1908, by Redmond & Co., New York, Stone &
Webster and Warner, Tucker & Co., Boston, at
9314 and interest; and $300,000 offered in 1911
by Stone & Webster at 98 mie interest.
Market
New York—Stone & ‘Webster, Redmond & Co.,
Estabrook & Co., Moore, Leonard & Lewis,
H. P. Taylor & Co., Kirkpatrick & Lewis, C. H.
Hensel. —
Baltimore—Howard R. Taylor & Co., Poe &
Davies, Jenkins, Whedbee & Poe.
Boston—Stone & Webster, F. B. * Bassett & Co.,
L. Sherman Adams, Warner, Tucker & Co.
Philadelphia—Oscar R. Dare.
Pittsburgh-—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
TAMPA GAS CO. Ist 5s. Due May 31, 1937.
Tax refunded in Pennsylvania.
‘Dated 1907. Interest payable May and Nov.
1, at Fidelity Trust ane Philadelphia.
Authorized—$1,0' oe
eae ace
Bee ainedni cainen: $1,0
Trustee—Fidelity Trust Co. on *“Shiladelphia.
Redeemable on any interest date at 105 and
interest.
- Organization—Incorporated i in Florida in 1896.
Secured by a first mortgage on’ plant. supplying
gas to Tampa, Fla. and vicinity. “Population
served 50,000. Franchise expires in 1994.
Net Earnings, 12/31/13. $89,587
UNCON Sti dices cece. Ssosvste ted! sseusptveds 2% eve 4,98:
Original ae (000 offered in 1914 by
Robert Glendinning & Qo., Philadelphia, on a
5.40% basis.
Market.
‘Philadelphia—C. C: Harrison, 3r.,: & Co.,
Robt. Glendinning & Co., Oscar R. Dare.
TAMPA NORTHERN RAILROAD CO. Ist 5s,
Due July 1, 1936.—F.
Dated July 1, 1906. Interest payable Jan.
and July 1, at Old Colony Trust Co., Boston,
Authorized—$5, 000,000.
Outstanding—$1, 258, 000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—Title Guarantee & Trust Co., At-
lanta, Ga.
Redeemable on any interest date at 106 and
interest.
Organization and Control—Incorporated in
Florida in 1906 and entire preferred and common
stocks acquired by Seaboard Air Line in 1912.
Secured by a first mortgage on road from
Tampa to Brooksville and branches, 58.25 miles
at the rate of $21,700 per mile. :
Net Earnings, 6/30/14 $47,582
Tnterest wiieni ie 56 co sg, a see seeazens oa 2 74,424
Original Market—Offered in Sept., 1908, by
Baker, Ayling & Co., Boston and Philadelphia,
Market.
New York—F. H. Hatch & Co., R. B. Hatha-
way & Co.
Boston—F. W. Mason & Co., Hotchkin & Co.,
L. Sherman Adams.
Philadelphia—S. K. Phillips, Chas. C. Harri-
son, Jr., & Co.
Registerable
TANANA VALLEY RAILROAD Ist 6s.
Dec. 1, 1926.—F.
Dated Jan. 1, 1907. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding —$668,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Columbia Trust Co., New York.
_ Redeemable on any interest date at 105 and
interest.
Sinking Fund—10% of net earnings annually.
Organization—Incorporated in Maine in
1906, and acquired the property of the Tanana
Mine R..R. Co., with a view to extending same.
Secured by first mortgage at the rate of
$15,000 per mile on 45 miles of road from Chena
Due
Registerable
to Gilmore, including branch to Fairbanks,
Alaska.
Net Earnings, 6/30/14........... $57,412
Interestes cess cv eees cece ewes ae ae 49,209
Market
Boston—H. C. Spiller & Co.
TAUNTON & BROCKTON STREET RAILWAY
1st 5s. Due Aug. 1, 19
Dated, 1897. Interest Pevcble, Feb. and
Aug. 1, at State Street Trust Co., Boston, Mass.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000.
Trustee—State Street Trust Co., Boston, Mass.
Control—Absorbed by the Bay State Street
Ry., which is controlled by the Massachusetts
Electric Companies.
‘Secured by a first mortgage on 18 miles of
electric railway between Taunton and Brockton,
Mass. Population served, 100,000.
Underlies—$6,192,000 Ola Colony Street Ry.
820
Ref. 4s of 1954, which mort; id
retirement of this issue. BRED EEO OERISE SDS
Net Earnings, 6/30/14 $3,331,280
2,006,984
Fixed charges
: Market.
New York—Estabrook & Co., J. H. Becker &
0. "
Boston—Perry, Coffin & Burr.
TAYLOR-WHARTON IRON & STEEL CO.
Ist S. F. 6s. Due Sept. 1, 1942.—F.
Tax exempt in New Jersey and Pennsylvania.
Dated September 1, 1912. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,473,500. i
Retired by Sinking Fund—$26,500:
Held in Treasury—$500,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Equitable Trust Co., New York.
4 Redeemable at 105 and interest on any interest
ate.
Sinking Fund—2 % of bonds outstanding pay-
able semi-annually for the purchase or redemp-
tion of these bonds at not over 105 and interest.
Bonds so acquired to be held alive and interest’
added to this fund.
bonds outstanding
be ratably increase: :
Organization—Incorporated in New Jersey in
1891 as the Taylor Iron & Steel Co., successor to
Taylor Iron Works. Present name adopted in
1912, when the company took over the property of
the Wm. Wharton, Jr. & Co., Inc. and in 1913
the Tioga Steel & Iron Co. properties. Also
owns the entire capital stocks of the Manganese
Steel Safe Co. of Plainfield, N. J.. Wm. Wharton,
Jr. & Co., Inc., Philadelphia, and Jenkintown,
Pa. Philadelphia Roll & Machine Co. of Phila-
delphia and the Hunterdon Electric & Power Co.
of High Bridge, N. J. The company is engaged
in the manufacture of alloy steel and iron castings
and forgings. Of these specialties manganese
steel is the principal one. ‘
Secured by a first mortgage on plant at High
Bridge, N. J., formerly owned by the Taylor
Tron & Steel.Co. and further secured by deposit
of the entire capital stocks of the Manganese
Steel Safe Co. and the Philadelphia Roll & Mach-
ine Co. and the entire capital stock and bonds of
the Wm. Wharton, Jr. & Co., Inc.
Prior Liens—$240,500 Philadelphia Roll &
Machine Co. 5s due 1932.
*Net Earnings, 12/31/14 $253,614
Interest on bonds
*After depreciation.
Original Market—$1,250,000 offered, Oct.,
1912, at 100 and interest, by Wm. Morris Imbrie
& Co., and the Equitable Trust Co., New York.
Market. :
New York—Callaway, Fish & Co., Parkinson
& Burr, Wm. Morris Imbrie & Co., J. H. Becker
& Co., McGeorge & Vanderhoef.
Baltimore—J. S. Wilson, Jr. &
Philadelphia—Henry & West, S.
Reed. & Huntoon. :
TAYLORVILLE GAS .& ELECTRIC CO. Ist
5s. Due Feb. 1, 1935.—F.
Dated Feb. 1, 1905. Interest payable Feb.
and Aug. 1, at Trustee's office.
Authorized—$105,000.
Outstanding—$101,000 ($6,000 owned by the
National Heat, Light & Power Co.)
Denomination—Coupon, $500.
Trustee—Columbia Trust Co., New York.
. Redeemable after Feb. 1, 1915, at 105 and
Interest. ‘ ,
Sinking Fund—1% of bonds outstanding from
1910 to 1914 and 2.% thereafter. 7
Guaranteed as to principal and interest by the
National Heat, Light & Power Co. . ° .
Organization and Control—Incorporated in
_ With increase in amount of
sinking fund payments are to
Co.
. K. Phillips,
Illinois in 1905 and acquired the gas, electric and
steam heating properties ‘in Taylorville, Ill.
The National Light, Heat & Power Co. owns
$69,000 of the $100,000 common stock and
$3,500 of the $27,500 preferred stock. The
latter company is a securities holding company
only and this property is operated by one of the
subsidiaries of the Middle West Utilities Co-
_ Secured by a first mortgage on plants supply-
Ing gas, electricity and steam heat to Taylor-
ville, Ill, Population served, 6,000. Gas and
heating franchises expire in 1936, electric in 1931.
*Net Earnings (Nat. Lt., Ht. &
Pow. Co.), 6/30/13 $176,716
TAUPO i ions ecg ds.8 ie Ain 4c) saya 3
*After interest on bonds of subsidiaries.
i 48 Market.
New, York—A. E
. Fitkin & Co., J. K. Rice,
ee Co., A. H. Bickmore & Co., F. H. Hatch
oO.
TEMPLE COAL CO. ist & Col. Trust 5s. Due
July 1, 1924.—F.
Tax enema in Pennsylvania. . f
Dated July 1, 1914. Interest payable Jan. 1
and July 1.
Authorized and Outstanding—$2,127,000.
Retired by Sinking Fund—$193,000.
Held in Treasury—$180,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : :
Trustee—Pennsylvania Co. for Insurance on
Lives & Granting Annuities, Philadelphia.
‘Redeemable as a whole on any interest date
at or in part for the sinking fund on any April
1 and October 1, at 101 and interest. sof
Sinking Fund—20 cents per ton of coal mined.
Organization—Incorporated in Pennsylvania
in 1914 to take over the coal properties of the
Temple Iron Co., in accordance with the decree
of the United States Circuit Court affirmed by
the United States Supreme Court in the so-called.
“Anthracite Coal Case.” :
Secured by a first mortgage or a first lien
through deposit of all of the stocks of subsidiary
companies, whose properties are free from funded
or floating debt, on extensive coal properties in
the Wyoming coal field of the Pennsylvania an-
thracite district. These properties are located
in and around Wilkes-Barre, Scranton and Car-
bondale.
Net Earnings (Temple Iron Co.’s
coal properties), 12/31/13 $902,996
Original Market—Offered in July, 1914, by
Brown Bros. & Co., New York, Philadelphia, etc.
Market. he
Philadelphia—Graham & Co., S. K. Phillips,
Fleming, C. D. Barney & Co., R. Glen-
dinning & Co., Reed & Huntoon. |
Scranton—Brooks & Co., E. A. Burke & Co.
New York—Peck, Rasmus & Truesdale.
TENNESSEE COAL, IRON & RAILROAD CO.
Cons. 1st ‘‘Birmingham Division” 6s. Due
Jan. 1, 1917.—N.
Dated January 1, 1887. Interest payable
Jan. and July 1, at 71 Broadway, New York.
Authorized—$5,000,000. £
Outstanding—$3,997,000.
Held in Sinking Fund—$178,000. 2
Denomination—Coupon, $1,000. Registerable
as to principal. / i
Trustee—Central Trust Co.,'New York. —
Sinking Fund—Annually 1% of outstanding
bonds for the purchase of these bonds. Bonds
cannot be drawn. : ‘ :
Control—See Gen. 5s above. _"
Secured ‘by a first mortgage on the property
formerly belonging to the Pratt Coal & Iron Co,
and comprising all the property of the company in
Alabama, known as the Birminghani Division.
including furnaces etc. and mineral lands and a
second mortgage on the property of the company
821
in Tennessee known as the Tennessee Division.
See 6s above. | .
Prior Lieng—-T. C., I. & R. R. Tennessee
Division 6s, due Jan. 1, 1917, on the Tennessee
property..
nderlies—Tennessee Division 6s of 1917 on
the Alabama Broperty and $7,021,000 Tennessee
Coal, Iron & Railroad Co. Gen. 6s of 1951, which
mortgage provides for the retirement of this issue.
Listed on the New York Stock Exchange.
. _ Market.
__New York—H. Duncan Bulkley, Paterson &
Co., Blodget & Co., Korn, Lehman & Co.,
Mabon & Co., Peck, Rasmus & Truesdale,
McGeorge & Vanderhoef.
TENNESSEE COAL, IRON & RAILROAD CO.
_ , Cons. ‘‘Tennessee Division” 6s. Due Jan.
1, 1917.—N.
Dated January 1, 1887. Interest payable
April and Oct. 1, at 71 Broadway, New York.
» Authorized—$1,400,000. ‘
Outstanding—$1,107,000. °
_ Held in the Sinking Fund—$267,000.
’ Denomination—Coupon, $1,000. Registerable
as to principal. '
Trustee—Central Trust Co., New York.
Sinking Fund—Annually 14% of outstanding
bonds for the purchase of bonds of this issue.
Bonds cannot be drawn.
Control—See’ Gen. 5s above.
Secured by a first mortgage on all the property
of the Tennessee Division (being all the property
owned by the company before it purchased the
property of the Pratt Coal & Iron Co. in Ala-
ama),and is also secured by a second mortgage
on all the property of the company in Alabama,
known as the Birmingham Division.
Prior Liens—-Birmingham Division 6s, 1917,
on the Alabama property.
Underlies—Birmingham Division 6s, 1917,
on the Tennessee property and $7,089,000 Ten-
nessee C., I. & R. R. Gen. 5s of 1951, which latter
mortgage provides for the retirement of this issue.
Listed on the New York Stock Exchange.
Market.
' New York—Blodget & Co., F. J. Lisman & Co.,
Paterson & Co., H. Duncan Bulkley, Bull &
EReeS Peck, Rasmus & Truesdale. Mabon &
0.
TENNESSEE COAL, IRON & RAILROAD CO.
Gen. S. F. 5s. Due July 1, 1951.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at 71 Broadway, New York.
Authorized—$15,000,000.
_Outstanding—$7,021,000.
Redeemed by Sinking Fund—$435,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : z ay e
Trustee—Union Trust Co., New York.
Sinking Fund—1% of the bonds outstanding
to be paid annually on Jan. 1, to the Trustee from
the surplus earnings of the preceding year to be
applied to the purchase of these bonds at not
exceeding 105 and interest. If not purchasable
at this figure the funds to revert to the company.
Controlled by the United States Steel Corpora-
tion through ownership of practically the entire
eapital stock. : :
Secured by a general mortgage on all the
pees of the company, comprising 7 plants
ocated in Alabama and Tennessee and embrac-
ing 16 blast furnaces, 2 Bessemer converters, 8
open hearth furnaces, 2 blooming mills, 1 rail mill,
3 additional rolling mills and 2 foundries. Also
145,865 acres of coal rights, 179,155 acres of
coal rights and surface and 10,120 acres of sur-
face and including 7 coal mining plants with 23
operating mines, 10 coal washing plants and 7
coking plants comprising 2,974 coke ovens.
Further secured by deposit of $120,000 stock of
the Bessemer Rolling Mill Co. and $560,000
822
common stock of the Alabama Steel and. Ship
Building Co. |
Prior Liens—$7,000,000 Divisional bonds and
bonds of constituent companies, for the retire-
ment of which bonds are reserved under this
mortgage. 4 P
Listed on the ner ee Stock Exchange.
arket.
New York—Strong, Sturgis & Co., Wm. A.
C. Ewen, L. M. Prince & Co., H. Duncan
Bulkley, Jacobson & Friedman, J. H. Becker &
Co., Gude, Winmill & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
TENNESSEE COPPER CO. Ist 6s. $250,000
Dec. 1, 1915, and 1916, and $300,000 Dec.
1, 1917.—F. :
Dated December 1, 1910.
June and Dec. 1, at New York.
Authorized—$1,500,000.
Outstanding—$800,000.
Retired—$700,000. , 5
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Redeemable as a whole at 103 and interest on
any interest date on 60 days’ notice. J
Organization—Incorporated in New Jersey in
Interest payable
’
Secured by a first mortgage on 12,330 acres of
mineral and timber land owned in fee and in-
cluding the Burra Burra, Eureka and London
mines; on 650 acres leased including the Polk
County mine; on leasehold interest in an ore
body known as the School Property, 3,500 feet
long and from 10 to 60 feet wide; Smelting plants
with each mine with a combined capacity of
20,000,000 lbs. of copper per annum; 7 }4 miles of
railroad and equipment and acid plant with an
annual capacity of about 200,000 tons of Sulphuric
acid, and all other property of the company.
Property all located in Polk County, Tenn. .| .
Net Earnings, 12/31/14...... $810,893* |
Interest on bonds..... "aid aber 59,000
*Compares with $1,248,000 in 1913.
Original Market—$1,500,000 offered in Nov.,
1910, by William Salomon & Co., New York, at
par and interest.
: Market.
New York—Curtis & Sanger, Bigelow & Co.,
Wm. Salomon & Co., Guaranty Trust Co., F.
H. Hatch & Co.
Boston—Edgerly & Crocker. .
Philadelphia—C. D. Barney & Co.
Baltimore—Smith, Lockhart & Co,
eS POWER CO. 1st 5s. Due May 1
Tax refunded in Pennsylvania.
Dated May 1, 1912. Interest payable May and
Nov. 1,'at New York. ,
Authorized—$50,000,000. .
Outstanding—$7,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Bankers’ Trust Co., New York,
and Benjamin Strong, Jr.
Redeemable at 107 14 and interest on any inter-
est date,upon 12 weeks’ notice...
’_ Exchange—Definitive bonds are held by the
Trustee against which it has issued negotiable
interim certificates exchangeable for permanent
bonds on or before May 1, 1915. The company
has the pption. from May 1, 1913 to May 1, 1915
of delivering the permanent bonds in exchange for
the receipts or redeeming same in cash at 90 and
interest. If company selects the latter option,
holders of the interim receipts may, instead of
accepting cash, withdraw the permanent bonds
upon agreement not to sell same within one year
at less than 96 and interest.
Sinking Fund—Annually beginning May 1,
1917, 1% of outstanding bonds for extraordinary
renewals, additions, etc., or for the purchase of
these bonas ai iui exceeding i107 34 and interest,
all bonds purchased to be cancelled.’ *'
Organization and Control—Incorporated in
Tennessee in 1912 as a consolidation of the
Eastern Tennessee Power Co. and the Great
Falls Power Co. Entire stock is owned by the
Tennessee Ry. Light & Power Co.
Guaranteed principal and interest by the
Tenn. Ry. Lt. & Power Co. which has pledged a
majority of the stock of the Chattanooga Ry. &
Lt. Co. as security for its guaranty.
Secured by first mortgage upon entire property
of the company including two hydro-electric
plants on the Ocoee River at Parkesville, Tenn.,
with 420 miles of transmission lines on private
right of way extending to Chattanooga, Cleve-
land, Knoxville, Nashville and a connection
with the Georgia Power Co.
Original Market—$7,500,000 offered in April,
1912, by E. W. Clark & Co., Philadelphia, Wm. P
Bonbright & Co., Hodenpyl, Hardy & Co., New
York, and H. M. Byllesby & Co., Chicago, on a
5.90% basis.
Market.
New York—Geo. H. Burr & Co., Walker Bros.,
Swartwout & Appenzellar, Wm. P. Bonbright &
Co., F. H. Hatch & Co., Lamarche & ‘Coady,
Curtis & Sanger, Ernest Smith, Berdell Bros.,
H. M. Byllesby & Co.
Philadelphia—E. W. Clark & Co., H. F. Bach-
man & Co., Reed A. Morgan & Co., Samuel K.
Phillips, Chandler & Co., Benson & Packard,
Robt. D. Ghriskey & Co., Oscar R. Dare, Reed
& Huntoon, Newhall, Churchman & Co., Mellor
& Petry.
Louisville—Henning, Chambers & Co., J. J.
B. Hilliard & Sons.
Chicago—Hulburd, Warren & Chandler, Mc-
Coy & Co., H. M. Byllesby & Co.
Nashville—Henry S. Frazer.
- Boston—L. Sherman Adams, F. B. Bassett &
Co., Moors & Cabot.
TENNESSEE VALLEY LIGHT & POWER CO.
_ Ist 6s. Due April 1, 1944. “
Dated April 1, 1914. Interest payable April
1 and October 1, in Providence, R. I.
Authorized—$500,000.
Outstanding—$150,000.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal only..
i pee lamers Trust Co.,
Redeemable at 110 and interest.
Organization—Incorporated in Massachusetts.
Secured by a first mortgage on plants dis-
tributing electricity in Bridgeport and South
Pittsburgh, Tenn., and vicinity. The company
has franchises and right-of-way privileges to
other near by towns. Power is purchased from
the hydro-electric plant of the Chattanooga &
Tennessee River Power Co. Population served,
about 6,000.
Original Market—Offered in 1914 by Strana-
han & Co., Providence, R. I., etc., at 974 and
interest, with a 50% bonus of common stock.
TERMINAL RAILROAD ASSOCIATION OF
ST. LOUIS ist 414s. Due Oct. 1, 1939.—N.
Dated October 1, 1889. Interest payable
A ag and Oct. 1, at J. P. Morgan & Co., New
ork.
Authorized and Outstanding—$7,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. :
Organization and Control—Incorporated in
Missouri in 1889 and owns and operates extensive
terminals including belt lines and bridges, in the
interest-of the following companies which own
the entire stock: Cleveland, Cincinnati, Chicago
& St. Louis Ry., the Louisville & Nashville R. R.,
the Missouri Pacific Ry., the Wabash R. R., the
Baltimore & Ohio R. R., the St. Louis, Iron
Providence,
Mountain & Southern Ry., the Vandalia R. R.
the St. Louis & San Francisco R. R., the Chicago,
Rock Island & Pacific Ry.,'the Chicago & Alton
R. R., the Chicago, Burlington & Quincy R. R.,
the Missouri, Kansas & Texas R. R., the Southern
Ry., the Illinois Central R. R. and the St. Louis
Southwestern Ry. Under a proprietary agree-
ment, each of the companies covenants to pay
one-fifteenth of the interest, taxes and other
charges, and in case of deficiency, make up such
deficit in a like proportion. ;
Secured by first mortgage upon entire property
of company, including Union Passenger Station
and extensive freight terminals in the centre of
St. Louis, Mo. 80 acres of real estate and 107
miles of road. Further secured by deposit with
the Trustee of the entire capital stock of the
Union Ry. & Transit Co. of Illinois and the Ter-
minal R. R. of East St. Louis through which they
are a first lien on railroad yards and real estate
in East St. Louis, operated for the interchange of
freight and passenger traffic.
Underlies—$5,000,000 Consolidated 5s, ‘due
1944, and $24,112,000 General Refunding 4s,
due 1953, which provide for the retirement of
this issue.
Net Earnings, 6/30/14........ $2,271,778
Rentalay. i. iced egueined he anaes 818,249
Interest). cise iacin eis ebacsiea 1,411,376
Legal for Conn., Me and Mo.
Listed on the New York, Boston and St. Louis
Stock Exchanges.
Original Market—$7,000,000 offered Feb.,
1892, at 961% and interest by J. P. Morgan &
Co., New York, and J. S. Morgan & Co., London.
Market.
New York—Harris, Forbes & Co., J. S. Farlee
& Co., Bull & Eldredge, Coffin & Co., Wm. C.
Wilson, Parkinson & Burr, Estabrook & Co.,
Redmond & Co., Newborg & Co., H. Duncan
Bulkley, Simon Borg & Co., Spencer Trask &
Co., J. H. Becker & Co., L. M. Prince & Co.,
Tobey & Kirk, Seasongood & Haas, Whittemore
Pell & Co., Struthers & Hiscoe, Peck, Rasmus &
Truesdale.
Chicago—Harris Trust & Savings Bank.
Boston—N. W. Harris & Co., Inc., Parkinson
& Burr, Walter S. Place, Estabrook & Co.
Philadelphia—E. B. Smith & Co.
TERMINAL RAILROAD ASSOCIATION OF
ST. LOUIS Ist Cons. 5s. Due Aug. 1, 1944.
—F... :
Dated Nov. 10, 1894. Interest payable Feb.
and Aug. 1, at J. P. Morgan & Co., New York.
Authorized—$12,000,000. .
Outstanding—$5,000,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Organization, etc.—See 1st 4}4s above.
Secured by second mortgage upon entire ter-
minal property of company, subject to the 1st
4 ls, and on the leases of the Tunnel Bridge, the
Be, Louis Bridge and the St. Louis Merchants
ridge. ;
Prior Liens—$7,000,000 1st Mtge. 414s of
1939, provision for the retirement of which is
made in this issue. .
Underlies—$24,112,000 General Refunding
4s due 1953, which provide for the retirement of
this issue.
Earnings—See ist 414s above.
Legal for Conn. . 3
Listed on the New York and St. Louis Stock
Exchanges. é
Original Market—$4,500,000 offered May,
1895, at 92 and interest, by J. P. Morgan & Co.,
New York and J. S. Morgan & Co., London;
also offered in 1911 by Harris, Forbes & Co.,
New York, at 112 %4 and interest.
Market. .
New York—Redmond & Co., Wm. C. Wilson,
Coffin & Co., Foster & Adams, H. Duncan
823
Bulkley, Hartshorne & Bee Harris, Forbes
& Co., Estabrook & Co., Blodget & Co., Raymond
Pyneh on & Co., Simon Borg & Co., Whittemore,
Pell & Co., Struthers & Hiscoe, Peck, Rasmus &
Truesdale, Newborg & Co.
‘Boston—N. W. Harris & Co., Inc.
Chicago—Harris Trust & Savings Bank.
TERMINAL RAILROAD ASSOCIATION OF
ST. LOUIS Gen. Ref. 4s. Due Jan. 1, 1953.
—F.
Dated Jan. 1, 1903.
and July 1, at J. P. Morgan & Co., New York.
Authorized—$50,000, 000..
Outstanding—$24, 112, 000.
Cancelled by Sinking Fund—$800,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000 and multi-
ples thereof. C. & R. interchangeable.
Trustees—Central Trust Co., New York and
Wm. Taussig, St. Louis, Mo.
“Redeemable at 110 and interest on any interest
date on and after Jan. 1, 1910, on 60 days’ notice.
Sinking Fund—To retire $100,000 of these
bonds annually on and after July 1, 1906, at not
to exceed 110 and interest.
Organization, etc.—See 1st 434s above.
Secured by mortgage upon entire property of
company,.and by pledge of the stocks of the
East St. Louis & Carondelet Ry., the Illinois
Transfer Co., the Granite City & Madison Belt
R., the St. Louis Belt & Terminal R. R. and
the Terminal Realty Co.
Prior Liens—$7,000,000 Terminal R. R. Asso-
ciation 1st .4 4s of 1939, and of $5,000,000 Term.
R. R. Assoc. Ist Cons. 5s of 1934, for the retire-
ment of which bonds of this issue have been
reserved.
Earnings—See 1st Cons. 44 Se
Legal for. Conn.
Listed on the New York and Boston Stock '
Exchanges.
Original Market—Offered in 1911, by Lee,
Higginson & Co., at 9734 and interest.
Market.
New York—L. M. Prince & BOs Bigelow &
Co., Curtis & Lane Coffin & Cor. Lee, Hig-
ginson & Co., F. J. Lisman & Co., Korn, Lehman
& Co., Bull, & Eldredge, Clark, Dodge & Co.,
McGeorge. & Vanderhoef, Newborg & Co.,
Rauscher & Childress, Bernhard, Scholle & Co.,
Jacobson & Friedman, Whittemore, Pell & Co.,
Struthers & Hiscoe.
St. Louis—Simon, Brookmire & | Clifford,
Bowman, Cost & Co., John Nickerson, Jr.
Boston—Lee,, Higginson & Co.
TERRE HAUTE & INDIANAPOLIS RAILROAD
CO. Cons. Ist 5s. Due July 1, 1925.—N.
See Map 96.
Dated Suly 1, “1885. Interest payable Jan.
and uly: 3 ,» at Farmers’ Loan & Trust Co.,
New York. a
Authorized—$2,200,000.
Outstanding—$1, 399, 000 (i losed mortgage).
Denomination—Coupon, $1,00
Trustee—Farmers’ Loan & ‘Trust Co., New
ork.
Control—Consolidated in 1905 into the Van-
dalia R. R. Co., which is controlled through
stock ownership by Pennsylvania R. R. Co.
Assumed by the Vandalia R. R. Co.
Secured by a first mortgage on (10) 103 miles
of road from Ind.-Ill. State line near Farrington
to Indianapolis, Ind., from Knightsville to Centre
Point, Ind., Brazil to Saline City, Ind., and
Terre Haute to Dewey. This road forms part of
the main line of the Pennsylvania system into
St. Louis. These bonds are outstanding at the
rate of $18,400 per mile.
Underlies—$17,184,000 Vandalia R. R. Cons.
4s, which mortgage provides to retire this issue.
Interest payable Jan.
$1,077,110
Net Hey takes Hapal yl
Interest .
This issue . 100; 266
Legal for Cal., , Conn., Fi: Se Me., Mich., Minn.,
Mo., N. H., N. J, R. I. and Wis.
Market.
New York—Spencer Trask & Co.,
TERRE HAUTE & PEORIA RAILROAD CO.
ist Cons. 5s. Due Sept. 1, 1942.—N.
See Map 95.
Dated Sept. 1, 1892. ‘Interest payable Mareh
and Sept. 1, at Robert Winthrop & Co., and at
Trustee’s office, New York. .
Authorized—$2,500,000.
Outstanding—$2,207,000.
Denomination—Coupon, ‘$1, 000. Registerable
as to principal.
Trustee—Union Trust Co., New York.
Guaranteed practnal and interest by the Terre
Haute & Ind. R. R. Co., by endorsement. --
Organization and Control—Incorporated: in
Illinois in 1887 as successor to the Illinois,
Midland R. R. In_1892 property was leased
for 99 years to the Terre Haute & Indianapolis
R. R. at a rental of 30% of gross earnings, taxes,
interest and rentals to be deducted. In 1905
latter company was merged into the Vandalia
R. R. which assumed this lease. Of the'$1,837,-
400 preferred stock of the Terre Haute & Peoria,
$646,700 is owned by the Vandalia R. R. and
$1,085,000 by the Pennsylvania R. R., which
controls the Vandalia. The Vandalia also owns
$1,559,000 of the $1,926,800 common stock.
Secured by practically a first mortgage at the
rate of $15,200 per mile on (7) 145 miles of road,
from Farrington to Decatur, Ill. and from Maroa
to Farmdale, Ill.
Prior Liens—$23,000 Terre Haute & Peoria
R. R. Company’s 1st 5s of 1925, for the retirement
of which bonds of this issue are reserved.
Net Earnings, 12/31/14.......... $17,447
Rental received........ .... 282,920
Interest, ete........2.. 172, 879
Maricet.: :
New York—Coffin & Co., McGeorge & Van-
one Wm. T. Meredith & Co., Didrichsen &
Baltimore—Jenkins, Whedbee & Poe.
Philadelphia—Reed & Huntoon.
TERRE HAUTE & WESTERN RAILWAY CO.
Ist 5s. Due Nov. 1, 1937.—F.
Dated Nov. 1, 1907. Interest payable May 1
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
go England Trust Co., Boston,
ass.
Guaranteed as to principal and interest by
endorsement by the Terre Haute Traction &
Light Co.
Control—The property is leased to the T. H.
Co. for 999 years from Nov., 1907, and
the property of the latter z company is leased: for
999 years ta the T. H. I Co. The entire
$150,000 preferred and. 208, 000 commin .stock
of the T. H. Ww. Co. is owned. by. the
oe Haute, faaignapolis & Eastern Traction
‘Secured by a first mortgage on 1114 miles of
electric railway from near Sanford, Ind., to
Paris, Ill. .Exeept in towns of Vermillion and
Paris, Ill., road runs on private right-of-way.
Franchises run for 20 years and 50 years re-
spectively in these towns.
Net Earnings, 12/31/13........... $26,399
Interest c.sis26 hieeee ede puraaceas 12,500 |
Legal for Me. and Mo. -
Original Market.—First offered at 95 and inter:
est by Hunt, Saltonstall & Co., Boston, and
Ervin & Co., Philadelphia.
824
? Market.
Philadelphia—Ervin & Co.
TERRE HAUTE ELECTRIC CO. lst 5s. Due
July 1, 1929.—F.
Dated July 1, 1889. Interest payable Jan. 1
and July 1, at Trustee’s office.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Union Trust Co.,Indianapolis, Ind.,
and Boston Safe Deposit & Trust, Co., Boston.
Guaranteed as to interest under terms of lease
by the T. H. Ind. & Eastern Ry. Co.
Assumed by the T. H. T. & L. Co.
Control—Absorbed in 1904 by the Terre Haute
Traction & Light Co. The entire $2,000,000
common stock.of the latter company is owned
by and its property leased for 999 years from 1907
to the Terre Haute Indianapolis & Eastern
Traction Co. The latter company pays as rental
6% on $1,000,000 preferred stock and 5% on
common interest on bonds and $1,000 organiza-
tion expenses. ?
Secured by a first mortgage on plant supplying
Terre Haute, Ind., with electric light and power.
Population (1910), 58,157. Principal franchises
are perpetual and others average 30 years from
Jan., 1906. .
Underlies—$3,243,000 T. H. Trac. & Lt. Co.
1st Cons. 5s of 1944, under which mortgage bonds
are reserved to retire this issue.
Net Earnings, 12/31/14......... $644,911
Interest, CCC. 66 ois cee dence eee 301,028
‘This issue. <5 56.05 sg bees oe 105,631 |
Listed on the Boston Stock Exchange,
Market.
New York—Estabrook & Co., Wolff & Stanley,
Dewing & Co., Kirkpatrick & Lewis.
Baltimore—Baker, Watts & Co., Jenkins
Whedbee & Poe, J. S. Wilson, Jr., & Co.
a Boston—L. Sherman Adams, F. B. Bassett &
0.
Philadelphia—Ervin & Co.
TERRE HAUTE, INDIANAPOLIS & EASTERN
TRACTION CO. Ist & Ref. S. F. 5s. Due
April 1, 1945.—F. :
Dated April 1, 1910. Interest payable April
and Oct. 1, at Trustee’s office. i
Authorized—$8,000,000.
Outstanding—$6,249,000
Held in Sinking Fund—$251,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : ‘aeitoee k
Trustee—Fidelity ‘Trust Co., Philadelphia. _
Redeemable as a whole at 105 and interest
April 1, 1915, or on any interest date thereafter,
or in part at 102 14 and interest for sinking fund.
Sinking Fund—$55,000 annually from 1911,
to 1915, inclusive, and $106,675 annually there~
after, to be applied to the purchase or redemption
of these bonds at not over 10214 and interest.
Bonds so redeemed to be kept alive and interest
added to sinking fund. : ; ia?
Organization—Incorporated. in Indiana in
1907. and purchased the Brena of the Indian-
apolis & Eastern Ry. Co., Indianapolis Coal
Traction Co., Indianapolis & Western Traction
Co. and the Richmond Street & Interurban Ry.
Co. Owns the entire $5,000,000 capital stock of
the Indianapolis Traction & Terminal Co., which
company leases the Indianapolis Street Ry. for
81 years from Dec. 1902. Owns the entire
$2,000,000 common stock of the Terre Haute
Traction & Light Co., which company leases the
Terre Haute & Western Ry. Co. for 999 years
from Nov.1907._ The Terre Haute, Ind. & East.
Ry. Co. owns the entire capital stock of this
latter company. The entire property of the
T. H. Tr. & Lt. Co. is leased by the T. H. I. & E.
Trac. Co. for 999 years from March, 1907. Owns
the entire $2,550,000 common stock of the
Indianapolis, & Northwestern Traction Co. and
leages its property for 999 years from April 1907.
Owns the entire $750,000 capitall stock of the
Indianapolis & Martinsville Rapid Transit Co.
and leases ita property for 999 years from April,
1907. Leases the property of the Indianapolis
Crawfordsville & Danville Hlectrie, Ry. Co.
for 999 years: from May 1, 1912. (See bond
issues of controlled companies for further details) .
The Terre Haute, Indianapolis & Eastern Trac-
tion Co. controls and operates 557 miles of street
and interurban railway, embracing the entire
street railway systems in Indianapolis, 136 miles.
Terre Haute 26 miles and Richmond, Ind. 10
miles, and comprising a continuous route from
Paris, Ill., through Terre Haute and intermediate
towns to Indianapolis and thence to Richmond,
Ind., together with other lines radiating from
Terre Haute, Indianapolis and Richmond.
_ Secured by a direct mortgage on 154 miles of
interurban railway between Indianapolis and
Brazil, Indianapolis and Richmond and Indian-
apolis and Danville, together with street railway
system in Richmond; a first lien on all leasehold
interests of the company which see above and
further secured by deposit of $4,995,000 of
$5,000,000 capital stock of the Indianapolis
Traction & Terminal Co., $1,998,000 of $2,000,-
000 common stock of the Terre Haute Traction
& Light Co., $749,300 of $750,000 capital stock
of Indianapolis & Martinsville Rapid Transit
Co. and _ $2,549,300 of $2,550,000 common stock
of the Indianapolis & Northwestern Traction
Co. The great majority of franchises extend
beyond life of these bonds. Indianapolis fran-
chise expires in 1933.
*Prior Liens—$134,000 Ind. & Greenfield Ist
5s of 1929, and $652,000 ($587,000 owned by the
T. H. Ind. & Eastern Trac. Co.), Ind. & East. Ry.
1st Cons. 5s of 1927, for the retirement of which
bonds are reserved under this mortgage.
*On property covered by direct lien only
Net Earnings, 12/31/14....... $2,406,101
Rentals, ete., subsidiaries..... » 1,62
Int. and sink. funds (subs.).... 179,747
_Interest and sinking funds..... 460,110
Total charges..............45 2,265,335
Listed on the Indianapolis Stock Exchange.,
Original Market—$6,500,000 offered in May,
1910, by Drexel & Co., Philadelphia, Lee, Higgin-
son & Co.,. Estabrook & Co., Boston, etc., at
95 and interest.
Market.
New York—Bigelow & Co., Penington, Colket
& Co., Estabrook & Co., Lee, Higginson & Co.,
Didrichsen & Co., Pyne, Kendall & Hollister,
Dewing & Co., Kirkpatrick & Lewis, R. B.
Hathaway & Co. ae
Indianapolis—J. F. Wild & Co., Brzed, Elliott
& ‘Harrison, Otto F; Haneisen & Co. :
Philadelphia— Drexel & Co., Benson & Pack-
ard, M. M. Freeman,& Co., Samuel K. Phillips,
Cassatt & Co., E. B. Smith & Co., Parrish & Co.,
Geo. S. Fox & Sons,, Elkins, Morris & Co.,
Penington, Colket & Co., Ervin & Co., W.H.
Newbold’s Son & Co., Frazier & Co., Mellor,
& Petry, Henry & West, Reed & Huntoon,
C. D. Barney & Co., Oscar R. Dare, Wistar &
Stokes.
Boston—Lee, Higginson & Co., Estabrook &
Co., Hotchkin & Co., F. B. Bassett & Co.
TERRE HAUTE TRACTION & LIGHT CO,
1st Cons. 5s. Due May.1, 1944.—F.
Dated May 1, 1904. . Interest payable May
and Nov. 1, at. Trustee’s office. :
* Authorized—$5,000,000.
Outstanding—$3,243,000.
Held in Sinking Gand ey O00.
Denomination—Coupon, $1,000.
Trustees—State Street Trust Co., Boston, and
United States Trust Co., Terre Haute, Ind.
Redeemable as a whole at 110 and interest on
any interest date. ., 9 ,, ‘ F
825
Sinking Fund—1% annually of outstanding
bonds. Began May 1, 1906.
Guaranteed as to interest under terms of lease
by the Terre Haute, Indianapolis & Eastern
Traction Co. © ae ‘
Organization ‘and Control—lIncorporated in
Indiana in 1903 as the ‘Terre Haute Electric
Traction Co. and present name adopted in 1904
and acquired the property of the Terre Haute
Electric Co. Leases the property of the Terre
Haute & Western Ry. Co. for 999 years from
1907 and guarantees principal and interest on
that company’s $250,000 ist 5s. The entire
$2,000,000 common stock is ‘owned by the Terre
Haute, Indianapolis & Eastern Ry. Co. and is
deposited under that company’s 1st and Ref. 5s.
The property is also leased to the latter company
for 999 years from 1907. Rental interest on
bonds, 6% on $1,000,000 preferred stock and
5% on $2,000,000 common stock (all owned as
above) and $1,000 per annum organization
expenses. .
Secured by a first mortgage on 87 miles of
street and interurban railway track, including
27 miles of street railway track in Terre Haute,
Ind., and interurban extensions radiating from
that city; a second mortgage on steam heating
plant and plant supplying electric light and power
in Terre Haute and Brazil and a lien on 999 years
leasehold in 11- miles of interurban track. Fran-
chises for lighting are’ unlimited in time; railway
in Terre Haute, Brazil and Clinton spre in 1952,
other franchises in 1930, ‘1949, 1952 and 1955.
Interurban lines are largely on private right-of-
way. :
Prior Lien—$1,500,000 Terre Haute Electric
Co. 1st 5s of 1929 for the retirement of which
bonds are reserved under this mortgage.
Net Earnings, 12/31/14......... $664,911
Interest, rentals, etc............ 801,028
Market.
New York—Hstabrook & Co., Blodget & Co.,
Coffin & Co., Dewing & Co., Kirkpatrick & Lewis,
Gwynne Bros. -
Boston—Merrill, Oldham & Co., Estabrook
& Co., F. B. Bassett & Co.
Baltimore—Baker, Watts & Co.
Philadelphia—Oscar R. Dare.
TERRE HAUTE WATER WORKS
44s. Due June 1, 1919.—N.
Dated June 1, 1899. Interest payable Feb.
and Aug. 1, at Illinois Trust & Savings Bank,
Chicago.
Outstanding—$1,135;000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
co. Ist
as to principal.
Trustees—lIllinois Trust & Savings Bank,
Pieage and Samuel R. McKeen, Terre Haute,
nd.
Convertible into stock at the ratio of $115
bonds for $100 stock.
Sinking Fund—15% of gross annual receipts,
except city hydrant rentals for the retirement of
bonds in numerical order.
Organization—Incorporated in Indiana in 1871.
Secured by a first mortgage on plants supply-
ing water to Terre Haute, Ind. Population
served, 60,000. The company surrendered its
Public Utility Law of Indiana.
13 .. $184,206
Interest on bonds......
Winmill & Co.
0.
Chicago—Harris Trust & Savings Bank.
franchise in 1918, and is now operating under
an indeterminate permit, as provided in the
Net Earnings, 12/31/
, 65,666
Mark
New York—Harris, Forbes & Co., Gude,
Baltimore—Mackubin, Goodrich & Co.
Basten "We L. Raymond & Co., N. W. Harris
TEXARKANA GAS & ELECTRIC LIGHT CO.
1st 5s. Due July 1, 1930.—F.
826
Dated July 1, 1905. Interest payable Jan.
and July 1, at Central Trust Co., of Hlinois,
Chicago. . ’
Outstanding—$589,000 (Mortgage closed).
Denomination—Coupon, $500. Registerable
as to principal. a, :
Trustee—Central Trust Co., of Illinois, Chi-
cago. ect
Redeemable on any interest date at 105 and
interest. | :
Control—Absorbed by the Southwestern Gas
& Electric Co. and is the Texarkana Division of
that company. — - :
Secured by a first mortgage on plants supply-
ing natural gas and electricity to Texarkana,
Ark., and 18 miles of street railway in that city.
Population served, 22,000. Franchises expire
in 1950. Natural, gas is obtained from the
Caddo field in Loyisiana and is also used in gen-
erating electricity.
Net Earnings, 4/30/13.......... $457,868
Interest (bonds out)............ 213,450
TRIB ISSUE: Caos aes Deals wae 153,450
Original Market—First offered by Charles S.
Kidder & Co., Chicago, at par and interest.
wet Market.
New York—J. S. Bache & Co.,
Dillon & Co. ;
Chicago—Yard, Otis & Taylor, Chas. S. Kidder
& Co., Peoples’ Trust & Savings: Bank, H. T.
Holtz & Co., E. T. Konsberg & Co., Central Trust
Co. of Ill.
Erie, Pa.—Jos. L. Pelton.
TEXAS & NEW ORLEANS RAILROAD CO.
Cons. 5s. Due July 1, 1943.—N.
See Map 117.
Dated July 1, 1893. Interest payable Jan.
and July 1, at Southern Pacific Company’s office,
165 Broadway, New York.
Authorized—$4,195,000.
Outstanding—$1,620,000. | F
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable.
Trustee—Guaranty Trust Co., New York. |
Organization and Control—Incorporated in
Texas in 1874 as a reorganization of the former
Texas & New Orleans R. R. Co. Nearly entire
stock is owned by the Southern Pacific Co.
Secured by- first mortgage equally with $2,-
575,000 Sabine Div. 1st 6s on (13) 103 miles from
Sabine Pass to Rockland, Texas, and by second
mortgage on (12) 104 miles from Houston to
Orange, ‘Texas.
Prior Liens—$862,000 T. & N. O. 1st 6s of
1935, all of which are owned by the Southern
Pacific Co. or held in Sinking Funds.
Eastman,
Net Earnings, 6/30/14.......... $65,339
Interest sisi. 3.6 3 sean ae a viewer oes a 578,143
Listed on the New York Stock Exchange.
Market.
New York—F. J. Lisman & Co., McGeorge &
Vanderhoef.
TEXAS & NEW ORLEANS RAILROAD CO.
Dallas Div. 1st 4s. Due Aug. 1, 1930.—N.
See Map 117. 4 :
Dated August 1, 1900. Interest payable Feb.
and Aug. 1, at 165 Broadway, New York.
Authorized—$20,000 per mile.
Outstanding—$3,997,000. $1,190,000 are
owned by the Southern Pacific Co.
Denomination—Coupon, $1,000.
as to principal, or fully registered.
Trustee—Union Trust Co., New York.
‘Controlled by the Southern Pacific Co.
Cons. 5s above.
Secured by a first mortgage at the rate of
$16,100 per mile on (11) 210 miles from Bonita Jet.
to T. & P. Crossing, Dallas, Tex., Rockland to
Dorr Jet., Tex.; and a second mortgage on 7
wee road from Orange, Tex., to the Sabine
iver.
Prior Liens—$862,000 T. & N. O. 1st 6s of
Registerable
See
1935, all of which are owned by the Southern
Pac. Co. or held in sinking funds.
Market.
New York—Spencer Trask & Co., Knauth,
Nachod & Kuhne, Alfred Mestre & Co.
TEXAS & OKLAHOMA RAILROAD CO. Ist
5s. Due Sept. 1, 1943.—F.
See Map 75.
Dated Sept. 1, 1903. Interest payable March
and Sept. 1, at Company’s office, 49 Wall St.,
New York.
Authorized—$2,500,000.
Outstanding—$2,347,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York.
Organization’ and Control—Incorporated in
Oklahoma in 1902 and in 1903 was merged into
the Mo., Kan. & Oklahoma R. R., which was
consolidated with the Mo., Kan. & Texas Ry. in
4.
Assumed by the M., K. & T. Ry. Co.
Guaranteed principal and interest by endorse-
ment by the Mo., Kan. & Texas Ry.
Secured by first mortgage at the rate of $20,000
per mile on (9) 117 miles from Oklahoma City to
Colgate, Okla.
Underlies—$9,992,000 M., K. & T. 1st Ref.
4s due 2004, $11,755,000 Gen. 414s due 1936 and
the Consolidated 5s due 1940, all of the bonds
outstanding under the latter issue being deposi
Market.
New York—Korn, Lehman & Co., Freeman &
Co., Wm. A. Read & Co., F. H. Hatch & Co.,
Folsom & Adams; Robinson & Co., Plympton,
Gardiner & Co., E. & C. Randolph, A. R. Clark,
Low, Dixon & Co., Gilman & Clucas, Hartshorne
& Battelle, Simon Borg & Co., McGeorge &
Vanderhoef, Denny, Pomroy & Co., Seasongood
& Haas. *
Secured by a first mortgage at the rate of
$16, ;200 per mile on (17) 234 miles of road from
Toledo' to Toledo Jct., Ohio, West Loudenville
to Coshocton, Ohio, Sandusky to Columbus, Ohio
and branch to Union Station, East Toledo. ©
Net Earnings, 12/31/14 a kgie A beie g $827,393
Anterest, tC. 0... ieee scenes 486,227
Lens for Cal., Fla., Me., Mich., Minn. and
Listed on the New York Stock Exchange. |
Market.
New York—Coffin & Co., ‘Wood, Struthers &
Co., Spencer Trask & Co.; Wm. C. Wilson,
Simon Borg & Co., Hartshorne & Picabia, Red-
mond & Co., Peck, Rasmus & Truesdale, Pouch
& Co.
Philadelphia —Henry & West, Sullivan: Bros.
Hartford—Roy P. Crary.
TOMBIGBEE VALLEY RAILROAD Gen. 6s.
Due gan 1, 1935. —F.
See Map 1
Dated Fae 1, 1910. Interest payable Jan.
and-July 1, at New York Trust Co., New York.
Authorized—$400,000.
Outstanding—$270,000 (Closed ‘mortgage).
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Redeemable on any interest date at 105. and
interest.
Secured by a second mortgage on (15) 90 miles
of road from Nannahubba to West Butler, Ala.,
subject to a prior lien at the rate of $5,000 per
mile, and on terminals in Mobile. These bonds
are outstanding at the raté of $3,000 per mile.
Prior Liens—$450,000 1st 5s.
Underlies—Alabama, Northern & Tenn. 1st
& Ref.'5s. See shove.
Market.
New York—F. J. Lisman & Co.
TOMBIGBEE VALLEY RAILROAD Ist 5s.
Due April 2, 1956.—
See Map 16.
Dated Apr 2, 1906. Interest paveb e 2 April
and Oct. 1, at Trustee's office.
Authorized—$1, 200,000.
Outstanding—$450, 000. (Closed miarteagay,
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Columbia Trust Co.; New York. .
Organization and Control—incorporated Ha
Alabama in 1904 and in 1913 was merged with
two other roads into the Alabama, Tennessee &
Northern Ry. cin
Secured by a first mortgage. at the rate of
$5,000 per mile on. (15). 90 miles of-railroad from
Nannahubba to West Butler, Alabama and 'ter-
minals in Mobile, Ala. i
‘Underlies—$270,000 Gen. 6s $140,000 Deb.
6s and $2,000,000 (deposited as security for
$1,000,000 notes) Alabama Tennessee & Northern
ist & "Ref. 5s, which provide for the retirement
of this issue. .
Net. Earnings, 6/30/14 pee Raita uO $199, 261
Original Market—First offered by F. J. Lisman
& Co., New York, in April, 1906.
TONOPAH & GOLDFIELD RAILROAD CO.
Ist S. F. 68. Due Jan, 1, 1921.—F.
See Map a :
Dated Jan. 1, 1906. - Interest payable Jan. 1
and July 1, at Trustee’s office. :
Authorized—$1,500,000. :
Outstanding—$491, 000.
Retired by Sinking Fund—$659,000. ~
Denomination—Coupon, $1,000. Registerable
as to principal.
Gane Title & Trust Co., Philadel-
ia,
Redeemable at 10214 and interest on three
weeks’ notice. - u ve
Sinking Fand—One-fifteenth “of the bonds
issued must be retired annually at 10244 and
interest, by ‘lot ‘annually on the a day of Jan-
uary each‘year. © °°
Organization—Incorporated in Nevada in
1905 as a consolidation of the Tonopah R. :R.
and the Goldfield R. R.
Controlled by the Tonopah Mining Co.
Slebaeh ownership of a majority ofthe capital
stoc!
Secured by a first mortgage on (7) 100 miles of
road from Tonopah Jct. te ee Nev.
Net Earnings, 6/30/14... ae 035
Interest, ete........... +s. 154,855
-Dividends..000012 000 22IITITT 150,500
Original Market—Offered in April, 1906, by
the Union Trust Co., Pittsburgh, and C. D.
Barney & Co., Philadelphia, at 100% and
interest.
Market. ~-
Philadelphia—Chas. D. Barney & Co., Mellor
& Petry.
New "York—C. D. Barney & Co.
TOPEKA (KAN.) EDISON co. ist 5s. Due
Sept. 1, 1930.—F.
Dated Sept. 1, 1905. Interest payable: Jan. 1
and July 1, at Trustee? ‘3 office. '
Authorized—$1, ,250,0 :
. Outstanding—$820,000. : '
Retired by sin itng Fund—$60,00'
Trustee—Cont’] & Com’! Trust S ‘Sav. Bank,
Chicago.
Redeemable as a whole on Jan. 1, 1915 or any
interest date thereafter at 105 and interest on
90 days’ notice.
Sinking Fund—$15,750 Annually on Dee. 15
from 1909 to 1929 inclusive for thé redemption
of bonds at 105 and interest in numerical order.
Bonds so acquired to be cancelled.
Control—In 1910 the Minois Traction Co.
purchased this property. —
Secured by a first mortgage on steam heating
plant and plant supplying electric ‘light ‘and
power to Topeka, Kans. Also sells power to the
836
Topeka Ry. Co. Population served, 43,000.
Franchises expire in 1935.
Original Market—Offered in Sept., 1905, at
100 and interest by E. H. Rollins & Bons, Boston,
New York, etc.
Market.
New York—E. H. Rollins & Sons.
Chicago—Union Trust Co., E. H. Rollins &
oe Stanwood, Taylor & Co., E. T. Konsberg
ce Stone & Co., F. B. Bassett
‘O-
(rae) TOPEKA RAILWAY CO. Ist 5s. Due
Jan. 1, 1930.—F.
Dated December 31, 1904. Interest payable
Jan. and July 1, at Cont'l & Com’l Trust & Sav.
Bank, Chicago.
‘Authorized—$1,250,000.
Outstanding—$1,160,000.
Retired by Sinking Fund—$90,0:
Denomination——Coupon, $1, 000 PY ckueaiies
as ‘to principal.
““Prustee—Continental & Commercial Trust &
Savings Bank, Chicago.
edeemable as a whole on Jan., 1915 or any
terest date thereafter at 105 and interest.
Sinking Fund—From Jan. 1, 1909, $15,000
of these bonds to be redeemed ‘annually at 105
and interest. “Bonds to be called in numerical
ands beginning with No.
Control—In 1910 control ‘ot the company was
apguin uired by the Illinois Traction Co.
iecured by a first mortgage ‘on’ 39 miles of
street railway track in and around Topeka, Kans.
Popiilation about 43, Franchises in' Topeka
expire June, 1933, in Shawnee County, Aug.,
1933 and March, 1934. Elsewhere perpetual.
s bg ie Market—$1, 000,000 offered in Feb.,
1905, by E. H. Rollins & Sons, Boston; and
Apetiece Trust & Savings Bank, Chicago, at par
and interest.
Market.
New York—E. H. Rollins & Sons.
Baltimore—Riggs & McLane, Jenkins, Whed-
bee & Poe
Portland, Me.—Fidelity Trust Co.
‘Chicago—Stanwood, Taylor & Co.
Philadelphia—Oscar R. Dare. !
TORONTO & YORK RADIAL RAILWAY CO.
:' Ist 5s. Due Oct. 1, 1919.
Dated Oct. 1,°1904. ° Interest ayable April 1
and Oct. 1, at Bank of Montreal, Toronto, and
New York.
Authorized—$20,000: per mile.
Outstanding—$1,620,000.
Pesieia ton — Campane $1,000. Registerable
as a pabel ipal
‘ustee—National Trust, Co., Toronto..- ‘:
foe cea as to principal and interest by
the Toronto Ry. Co.
“€ontrol—Entire capital stock acquired in 1902
by The Toronto Ry. Co. and the road is operated
by that company.
Secured by a first mortgage on 72 miles of
main line electric railway and 10 miles of sidings
connecting Toronto, Thornhill, Aurora, Rich-
mond Hill, Newmarket, Jackson, Sutton, Ont.
and branches. °
” *Gross Earnings, 12/31/13..:..'.: $584, 491
*See also earnings of Toronto Ry. Co. below.
Listed on the Montreal Stock Exchange.
Original: Market—$250,000 offered in Oct.,
1904, at 102.66 and interest by the Dominion
Securities Corp., Toronto.
+ |Market. - tee
Toronto—A.'E. Ames & Co., G. A. Stinson,
Pommien' Saearihiss Corp. , Aemelius,: Jarvis &
0
Montreal—Royal Securities Corp., Ltd., Do-
minion Securities Corp., Nesbitt, Thompson &
0.
TORONTO. ELECTRIC HGH? CO. 44%
Debentures. Due Jul: 1916.—]
Dated Feb. 5, 1901. x cei payable. Jan.
ae July 1, at Imperial Bank of Canada, Toronto,
nt.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
Trustee—National Trust 'Co., Toronto, Can.
Organization and Control—Incorporated in
1883 in Ontario. The $4,000,000 capital stock is
owned by The Toronto Power Co. which com-
Pany is controlled through ownership of entire
capital stock by the Toronto Ry. Co.
Security—A direct obligation of the company
but not secured by mortgage. No mortgage can
be,placed on the property of the company, with-
out,securing or retiring. these debentures. The
company supplies electric light and pee in
Toronto, Ont. Population served, 400,000.
Franchise expires in -1919 when the city must
either purchase: the property o: the company
or renew franchise to 1939.. The company has
an agreement with the Electrical Development
Co. for the distribution of Niagara Current in
Toronto.
Refunding—Bonds are reserved under The
Toronto Power Co. Cons. Deb. Stock 44s
(guaranteed by the Toronto Ry. Co.) of 1941,
to retire this issue at maturity. |
*Net Earnings, 12/31/10........ « $728,375
Interest.........-.00005 eyndiaiathate 000
*Last report available. ,
et.
Toronto—Goldman & Co.
TORONTO, HAMILTON & BUFFALO RAIL-
WAY CO. Ist 4s. Due June 1, 1946.—N.
See Map 69. ;
Dated Hane: 1, 1896. Interest payable June
and Dee. 1, at Lincoln National Bank, New York.
Authorized and Outstanding—$3,280,000.
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000. C. & R. interchangeable,
Trustee—American Trust Co., Boston.
Organization and ee Toronto, Ham-
ilton & Buffalo Ry. Co. was incorporated in
Canada in 1892. Of the $2, oot 000 yy ete
stork k $982.5 500 as owned by t'
R. Co., $446,400 by a Michizan
Gent al Ry. Co., $446,400 by the Canada
Southern Ry. Co. ‘and the balance by the Cana-
dian Pacific Ry. Co.
: Guarantee The’ four companies mentioned
above agree ‘to, set aside if necessary 25% of
their entire gross earnings upon the traffic
interchanged with the T. H. &'B.'Ry. Co. as
a fund to, meet the interest on these bonds.
__ Secured by 2 first mortgage at the rate of $37,-
600 per mile on (14) 87 miles of road from Water-
ford via Hamilton to Welland Jct., and extension
in Hamilton to’Grand’ Trunk Ry.,'Belt Jet. to
Wellington St., Hamilton, all in Ontario.
Underlies—$1, 000,000 T., H. & B. 2d 4s of
1946.
9.
- Net Earnings, 12/31/13.......... ‘$666,411
" Interest, rentals, etc............. 425,146
’ Listed on the New York Stock Exchange. :
Original Market—$3,280,000 offered in March,
1899, by Edward Sweet & Co., New York, and
the American Trust Co. . Boston, at 100 and
interest. Ese:
e'
Ma
New York—Spencer Trask & 'Co., MeGeorge
& Vanderhoef, Wood, Struthers & Co. -» Coffin &
Co., William ‘Kirkpatrick, F. H.' Hatch & Co.,
Ladd & Wood, Beverley, Bogert '@ Co., Kirk-
SR & Lewis, Samuel Goldschmidt.
Baltimore—Riggs & McLane.
Boston—L. Sherman Adams, Estabrook & Co.
TORONTO, HAMILTON & BUFFALO RAIL-
WAY CO. 2nd 4s. Due June 1, 1946.—N.
See Map 69.
837
Dated: June 1, 1904. Interest payable June
and Dee. 1, at Lincoln National Bank, Nee York.
~ Authorized and Outstanding—$1,000,0'
Denomination—Coupon, $1,000. Remutorable
as to principal.
Ps Trustées—Nicol Kingsmill and Charles F.
‘OX.
Organization and: Control—See 1st 4s.
. Guarantee—See ‘1st 4s above.
Secured by a second mortgage. at the rate of
$11,500 per mile on 87 miles of road, subject to a
prior lien at the rate of $37,600 per mile. (For
details see 1st 4s above.) |
Prior Liens-—$5) 280,000 ist 48° of 1946.::
‘TORONTO, HAMILTON & BUFFALO RAIL-
WAY CO. Equip. 414s, Series “‘A.”” Due
$75 000 each February 1 and August 1, to
February 1, 1923, inclusive.—F.
Dated February 1, 1918. Interest payable
Feb. and Aug. 1, at Trustee’ 's office.
Authorized—$1, 500.
Ce a 200, 000. 2°
Retired—$300,000. ey .
Denomination—Coupen, $1, 000. Y
Trustee—Central_ Trust Co., New York.
Secured by first lien on 4 locomotives, 1,000
box cars, 150 fiat ‘cars, 50° Hart convertible
ballast cars and 150 steel coal cars. Under
terms of indenture these bonds could be issued
for not exceeding 90 % of the cost of equipment.
Original Market—$1,500,000 offered in Janu-
ary, 1918, at prices to yield 44% by Wm. A.
Read & Co., New ae
New York—Wm. on heea & Co., Coggeshall
& Hicks. fe
Pl alli Sherman Adams, Wm. A. Read &
QO. 7
(THE) TORONTO sAUL WAX co. ist 4s.
Due Aug. ahs 1921.
Dated Sept. 1, 1892. Interest” payable Feb.
28 and Aug. 31, at Company’s office, Toronto,
or in sterling at ‘Bank of Scotland, London.
Authorized—$4,500,000. :
Outstanding—$3, 2e8. 253.
Retired by Sinking Fund—$726, 094
__ Denomination—Coupon, £100 and $1,000.
Registerable as to principal.
Trustee—Geo. A. Cox, Toronto, and Richard
B. Angus, Montreal.
Sinking Fund—From Aug. 31, 1911 to 1920
inclusive, 5% of outstanding bonds. must be
drawn at par and interest annually.
Organization—Incorporated in Ontario in
1891 as successor to the Toronto Street R. R. Co.
Owns the entire capital stock of the Toronto &
a Radial Ry. Co. and the Toronto Power
O.
Secured by a first mortgage. on the entire
street railway system in Toronto, Ont., com-
prising 120 miles of single track. Population
served, 400,000. Franchise expires Sept. 1, 1921.
at which date the city may take over the property
at a sum fixed by arbitration. The Ontario
Legislature authorized purchase April, 1918. In
July, 1913 an agreement was reached with ‘the
city fixing purchase price of railways and electric
properties at $30,000,000.
Underlies—$1,500, 000 eG notes.
Net Earnings, 12/31/14.
Company’s percentage . 1,474,637
Anterest...« seaie ig; 1rseojars orgie aia cmcay es f ‘ "182; }499
Listed on the London Stock Exchange.
Original Market—First offered i Coates,
Son & Co., London.
Market.
Montreal—Dominion Securities iui Ltd.
$2,597,550
TORONTO RAILWAY 6% Notes. Due $750,-
000 Dec. .1, 1915, and Dec. 1, 1916.
Dated Dec. 1, 1914. Interest payable June
838
l.and Dee. 1, in New York, Toronto, Montrea!
and London.
Authorized—$2,000,000. :
Outstanding—$1, 500, 000,, .. +,
Denomination—Coupon, $1,000.
Redeemable on any interest date at 1023
and interest. -
Organization—Incorporated i in Ontario i in 1891,
Security—A direct obligation of the company,
but not secured by a mortgage. The company
owns 125 miles of street railway jin and around
Toronto, serving 2 population of 400,000. it
also owns all of the stock of the company sup-
plying Toronto with,. electricity. Franchises
expire ‘in 1921. In 1913, in the course of nego-
tiations between the. city and company, a price
of $30,000,000 for the street railway and Heht-
ing properties was agreed upon,
Net Earnings, 12/31/13. . 2 $2,867, 459
City’s percentage....... sad 939,991
Interest... 2.2.0. 200e 188, 7807
Original “Market—Offered ‘in ek 1914," by
Wm. A. Read & Co., New York, etc., at 10014
for 1915 and interest and par and interest for
TORRINGTON COMPANY lst Be.
' 1,,1918.—
Dated 'Se leriber ‘1, 1898. Interest payable
March and Sept. 1, at Trustee’s office.
Authorized—$1,000,000. |.
Outstanding—$575, 000.
Cancelled—$425,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—New England Trust Co., Boston,
ae Redeemable at 110 and interest on any interest
ate.
Organization—Incorporated i in Maine in 1898.
The company is engaged in the manufacture of
needles, carpet sweepers, bicycle spokés,, ‘and
other specialties, and has factories at Torrington
and Springfield, Mass., and in England’ and
Germany. The company maintains selling
agencies in the largest cities in this country and
Europe.
Secured by a first mortgage on the excelsior
Needle Co. plant at ae Conn. This
is the companys’ Main plant. |
Net Earnings, 8/31/14........... $591,081
Interest.............
Dividends.....
Miscellaneous. .. :
' Listed onthe Boston Stock" Exchange.
. Original: Market—$1,000,000 offered in. Aug.,
1898 at par and interest, by Kidder, Peabody &
Co., Boston and New York.
Market. ‘
2s New York—Curtis &- Sanger, Parkinson. &
urr.
Boston—Parkinson « Burr,
Adams.
TRANSYLVANIA RAILROAD Co. 1st 5s.
. Jan. 1, 1956.—F. ie
See Map. 121.
. Dated January 1, 1906. - Interest: payable
Jan..and July 1, at Trustee’s office. ©...
Authorized—$500,000
Outstanding—$434,000.
Denomination—Coupon, $1,000.
- < ees or fully registerable.
” ee
Trustee—Guaranty Trust Co., New York...»
Organization and Control—Incorporated in
No. Carolina in 1899 as a reorganization of the
Hendersonville & Brevard R. R. In 1906
Peery was leased to Southern Ry. Carolina
ivision, for 60 years, at an annual rental of
$25,000 for the first 10 years and $30,000 in each
of the remaining 40 years. The Southern Ry.
Carolina Division is controlled by the Southern
Ry. Co. through ownership of its entire capital
stock and all its bonds.
Due Sent
Registerable
L. Sherman
Due
Registerable
Registered,
Secured by a first’ mortgage at the rate of
$10,300 per mile on (9) 42 miles of road from
Hendersonville to Lake Toxaway, N.C...
Legal for California.
Listed on the Pittsburgh. Stock Exchange.
Market.
New York—J. H. Becker & Co.
TRAPPE & LIMERICK ELECTRIC STREET
RAILWAY Ist 434s. Due July 1, 1931.—F.
Tax exempt'in Pennsylvania. . .
:;Dated July 1,,-1901. Interest payable Jan.
and July 1, at Real Estate Title Insurance &
Trust Co., Philadelphia. He
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000. Registerable
as to’ principal. :
Trustee—Real Estate Title Insurance &
Trust Co., Philadelphia.
Guaranteed. principal and interest by the
Roxborough, Chestnut Hill & Norristown Ry.
Co. tie, *
Control—The entire $250,000 capital stock is
owned by Roxborough, Chestnut Hill & Norris-
town Ry. Co. and property leased to that com-
pany for 950 years from Dec. 1901. Rental 5%.
on eapital stock, interest on bonds, taxes and
$100 expenses. The entire capital stock of the
latter company is owned by the United Power
& Transportation Co. and its property leased to
the Schuylkill Valley Traction Co. The prop-
erty of the latter company is leased for 900 years.
to the Reading Transit & Light Co., a subsidiary
of the Eastern Power & Light. Corp. .
Secured by a first mortgage on.13}4 miles of
electric railway track. Franchise is perpetual.
Net Earnings (R. T. & L.),
VAP BU ING oo eciacenig Soe ct ES $1,046,787
Renita S's: 0c sesurepdivias Sag Sucbace bua cssie™s 688,540
MMGGR ESE 3. .cs oy cise avec ce de samceyensuavers 209,609
Philadelphia—Robt. Glendinning & Co.
TRAVERSE:CITY RAILROAD CO. Ist 3s.
Jan. 1, 1933.—N.
See Map 95.
Dated Jan. 11,1883. Interest payable Jan. and
July 1, at Winslow, Lanier & Co., New York.
Authorized and Outstanding—$250,000. ._.
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Josiah A. Horsey.
Organization and Control—Incorporated in
Michigan in 1871 and operated by the Grand
Rapids & Indiana Ry. Co., under agreement,
whereby the net earnings are to be applied to
interest on the bonds. Of the $200,000 capital
stock of the Traverse City R. R. Co., $195,000
is owned by the Grand Rapids & Indiana Ry. Ce.,
which is controlled through ownership of a
majority of its stock by the Pennsylvania Co.,
the entire stock of which is owned by the Penn-
sylvania R. R.
Secured by a first mortgage at the rate of
$9,700 per mile on (8) 28 miles of road from Wal-
ton to Traverse City, Mich.
Underlies—$190,000 Traverse City Income 5s
of 1983, all of which are owned by the Grand
Rapids and Indiana Ry. Co. rd
Net Earnings, 12/31/14.,......... $12,590
ENEETESEs CFC ce seis cro.0 SSDS SHOOT 10,376
Legal for Me. and Mo. ~
TRENTON GAS & ELECTRIC CO. Ist 5s.
Due March 1, 1949.—F.
Tax exempt in New Jersey.
Dated March 1, 1899. Interest payable
waned and Sept. 1, at Equitable Trust Co., New
ork.:!
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Control—Absorbed by the South Jersey Gas,
Due
Electric & Traction Co., whose property is. leased
to the Public Service Corp. of New Jersey for 900
years from June 1, 1908. This. lease has been
reassigned to the Public Service Electric Co.,.
and Public Service Gas Co. Operating sub-:
sidiaries. Rental: Interest on.bonds and 8%.
on $6,000,000 capital stock.
_ Secured by a first mortgage.on plants, supply-
ing gas and electricity to. Trenton, N. J. and
vicinity. Franchises are perpetual.
Underlies—$12,892,000 . South Jersey, Gas,
Electric & Traction Co. 1st 6s of: 1953: which:
mortgage provides for the retirement of these.
bonds.
Net Earnings (P. S.C. of N. J.),
VQZON TA oa voce cnae ay geet antag .. $17,563,943
Interest and Rentals (Subsidi-
aries) ...........-.0e..00%. 12,097,109
Interest (P. S.C. of N.J.).... 8,841,496
Listed on the New York Stock. Exchange.
. Original Market—-$1,500,000 offered in March,
1899, by Redmond, Kerr & Co., (now Redmond
& Co.), New York and Fidelity Trust Co. of
Newark, N. J., at 1024 and interest. .
Market. :
New York—W. E. R. Smith & Co., Tobey &
Kirk, B. H. & F. W. Pelzer, Kirkpatrick & Lewis,
Starbuck, Van Sant & Legg.
Philadelphia—Geo. S. Fox. & Sons, Samuel K.
Phillips, Graham & Co., Reed & Huntoon, Bor-
den & Knoblauch, Elkins, Morris & Co., C. D.
Barney &'Co., Frazier & Co. ; :
Newark—J. S. Rippel, Fidelity Trust Co.
Jersey City—Outwater & Wells, E. R. Case.
Paterson—F. A. Peters. ,
TRENTON, HAMILTON & EWING TRAC-
TION CO. Ist 5s. Due Nov. 1, 1955.—F.
- Dated Nov. 1, 1905. Interest payable May
and Nov. 1, at Trustee’s office.
Authorized—$500,000. |
Outstanding—$350,000.. ; :
Denomination—Coupon, $1,000. Registerable
as to principal. :
Trustee—Real Estate Title Insurance & Trust
Co., Philadelphia.
Assumed by the Trenton & Mercer County
Traction Corp. . ;
Guaranteed as to principal and interest by the.
Trenton Street Ry. Co. and under terms of lease
by the Trenton & Mercer County..Traction Co.:
Controlled by the Trenton Street Ry. Co.,
through ownership of the entire $200,000 capital
stock which company also leased the property
for 999 years from 1906. Oct., 1910, this lease
was assumed by the Trenton & Mercer County
Traction Co. Rental $12,000 annually for the.
first 5 years; $14,000 for the next 5 years; $16,-
000 for the next 4 years; $18,000 for the -15th'
year and $20,000 for the 16th year and there-
after in addition to interest on bonds and taxes.
The entire capital stock of the Trenton Street Ry.
Co. is owned by the United Power & Transpor-.
tation Co. %
Secured by a first mortgage on all the property
of the company including nine miles of track
in Trenton and the townships of Hamilton and
Ewing, New Jersey.
Earnings—See Trenton Street Ry. Co.
TRENTON PASSENGER RAILWAY Cons. Ist
6s. Due annually to Oct. 1,1931.—F.
Dated “Oct. 1,.1891. Interest payable April.
and eae at Mechanics’ National Bank, Tren-|
ton, N. J. : f
Authorized—$1,000,000. . ‘ .
Outstanding—$910,000;, . - s Bats
Retired—$90,000. $10,000 due annually on.
Sept. 30,1915; $15,000, 1916-25; $20,000, 1926-.
1930 and $650,000 in 1931.
Denomination—Coupon, $1,000.
as to principal. ‘ ' r
Guaranteed under terms of lease by the Tren-
ton & Mercer County Traction Corp.
839
5 Registerable:
‘ Control—Absorbed by Trenton Street Ry. Co.
All of the stock -of this company is owned by
United Power & Transportation Co., and prop-
erty leased to Trenton & Mercer County. Traction
Corp., for 990 years at rental increasing to
$150,000 per year... See Trenton Street Railway
Co. Cons. 6s.
- Secured by a first mortgage on the street rail-
ways in Trenton, N. J., embracing about 39
miles of track. Population served, 100,000.
Underlies—$1,070,000 Trenton St. Ry. Cons.
6s of 1933 under which mortgage bonds are
reserved to retire this issue.
Earnings—See Trenton Street Ry. Co.
arket.
_New York—Tobey & Kirk, Coffin & Co., F. J.
Lisman & Co., W. E. R. Smith & Co., Kirkpat-
rick & Lewis, Starbuck, Van Sant & Legg, B. H.
& Pelzer. a
Philadelphia—Graham & Co., Chas. Fearon
& Co., Henry & West, Geo. S. Fox & Sons, S. K.
Phillips. ' ‘
Newark, N. J.—J. S. Rippel.
Paterson, N. J.—F. A. Peters.
TRENTON, PENNINGTON & HOPEWELL
ST. RAILWAY CO. Ist 5s. Due June 1,
1943.—-F.
Tax exempt in New Jersey.
Dated June 1, 1903. Interest payable June
and Dee. 1, at Trustee’s office.
Authorized and Outstanding —$350,000.
Denomination—Coupon, $1,000. - é
-Trustee—Fidelity Trust Co., Newark, N. J.
Assumed by the Trenton & Mercer County
Traction Corp.
- Guaranteed as to principal’ and interest : by
endorsement by the Trenton St. Ry.:Co. :
* Controlled by the Trenton St. Ry. Co., through
ownership of the entire $250,000 capital -stock.
This company also leases the property for 999
years. This lease was assumed Oct., 1910, by
the Trenton & Mercer County Traction Corp.
The Trenton Street Ry. Co. is controlled by the:
United Power & Transportation Co. of: Phila-
delphia.
Secured by a first mortgage on about 13 miles
of pase from Trenton to Pennington and Hope-
well. :
. Earnings—See Trenton Street Ry. Co.
Original Market—$350,000 offered, 1905, at
105 and interest by W. E. R. Smith & Co., New
York.
; Market...
New York—W. E. R. Smith & Co., Kirkpat-
rick & Lewis, Starbuck, Van Sant & Legg, B. H.
& F. W. Pelzer.
TRENTON STREET RAILWAY CO. Cons.
- 68s. Due July 1, 1938.—F. és
Dated June 30, 1898. Interest payable Jan.
nd July 1, at Mechanics’ National Bank, Tren-
ton and Trustee’s office.
Authorized—$2,000,000.
. Outstanding —$1,080,000.
* Denomination—Coupon, $1,000.
as to principal. —
Trustee—Girard Trust Co., Philadelphia.
Guaranteed as to interest under terms of
ee by the Trenton & Mercer County Traction
orp. : '
Organization ‘and Control—Incorporated in
New Jersey, in June, 1898, as a consolidation of
the Trenton. Passenger Ry., the Pennington
Ave. Passenger Ry. Co., the Mulberry St.
Pass. Ry. Co. and the Ewing Passenger Ry. Co.
Owns the entire capital stocks and leases the
properties of the Mercer County Traction Co.
of the Trenton, Pennington & Hopewell St.
Ry. Co. and of the Trenton, Hamilton & Ewing
Traction Co. and guarantees principal and
interest of the entire $1,000,000 bonds of these
companies. Its entire capital stock is owned by
the United Power & Transportation Co. and
840
Registerable
property leased to the Trenton & Mercer County
Traction Corp. for 990 years from .1910. Rental
increasing from $80,000 the first year to $85,000
the third year and increasing $5,000 yearly until
a maximum of $150,000 is reached in addition
to interest on bonds, taxes, maintenance, ete.
Secured by a mortgage on the entire street
railway system in Trenton, N. J., comprising
about 39 miles of track. c
- Prior Lien—$910,000 Trenton Passenger Ry.
1st 6s, due annually to 1931, and for the retire-
ment of which bonds are reserved under this
mortgage. Y , -
Underlies—$500,000 Gen. 5s of 1941.
Net Earnings (T. & M. C.. T. Co.),
12/31/14..... so hea 13 XS SRS $314,400
Interest............ a 337,660
Rentals and Taxes... 143,013
Interest (Leased Cos.).:. 190,172"
Listed on the Philadelphia Stock Exchange.’
f ‘ Market. «
New York—B. H. & F. W. Pelzer, Kirkpatrick
& Lewis. :
Newark, N. -J.—J. S. Rippel.
Philadelphia—S. K. Phillips, Chandler & Co.,
Robt. Glendinning & Co.
Paterson—F. A. Peters.
TRENTON (N. J.) STREET RAILWAY CO.
Gen. 6s. Due June 1, 1941.—F
Dated June 1, 1911. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$500,000.
Outstanding—$500,000.
* Denomination—Coupon, $1,000.
as to principal. i
Trustee—Bankers’ Trust: Co., New York. .
a Redeemable at 105 and interest any interest
ate. = s
Guaranteed as to interest under terms of
va to the Trenton & Mercer County Traction
orp. :
Organization, etc.—See Cons. 5s above.
Secured by a general mortgage on/all the prop-
erty of the company subject to.prior liens. For
des ription of property see Cons. 5s above.
. Prior Liens—$910,000 Trenton Passenger Ry.
Co. 1st 6s due annually: to Sept., 1931, and
$1,080,000 Cons. 5s of 1938.5 2 ...5
Original’ Market—$300,000 offered:.in: Sept.,
1911, by C. E. Mitchell & Co., New York, at 101
and interest. - rs
Market.
New York—C. E.: Mitchell & Co., B. H. &
F. W. Pelzer, Kirkpatrick & Lewis.
Newark—J. S. Rippel.
Philadelphia—Bioren & Co., S. K. Phillips,
Geo S. Fox & Sons.
Paterson—F. A. Peters. .
(THE) TRI-CITY RAILWAY & LIGHT CO.
Coll. Tr. lst Lien S. F. 5s. Due April 1,
1923.—F. ‘
: Dated April 1, 1906. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$9,000,000.
Outstanding—$7,889,000.
Retired by Sinking Fund—$550,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R.
interchangeable.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest on any interest
date on six weeks’ notice. : 2
Sinking Fund—$50,000 annually for the first
five years from Jan. 1, 1908, $150,000 annually
for the next five years, and $250,000 annually
thereafter, to be applied to the purchase or
redemption of these bonds at not over 105 and
interest. Bonds so redeemed to be cancelled.
Total payments to maturity, $2,250,000. :
Organization—Incorporated in Connecticut in
1906 and controls through stock ownershi|
the Tri-City Ry. Co., Moline Rock Island
Registerable
Eastern Traction Co., Moline, East Moline &
Watertown Ry. Co., People’s Power Co., Moline
Rock Island Mfg. Co., Peoples’ Light Co.,
Davenport Gas & Electric Co., Davenport &
Muscatine Ry. Co. and Muscatine Lighting Co.
The properties of these companies embrace all
the gas Plants, electric lighting plants and street
tailway lines in the cities of Davenport, Mus-
catine, Bettendorf and Rockingham, Ia. and
Rock Island, Moline, East Moline and other
towns in Illimois, and an interurban line con-
necting Miscatine and Davenport, Ia. The rail-
way properties embrace 123 miles of street and
interurban railway track, of which 93 miles is
street railway. Population served 130,000.
Railway franchises expire in 1930 and 1935;
sociale in 1985 and 1943; gas in 1929, 1933 and
Controlled through stock ownership by the
United Light & Rys. Co.
Secured by a direct first mortgage on 30 miles
of interurban track, on private right of way be-
tween Davenport and Muscatine, Ia., and a
direct mortgage lien, subject to prior liens on
all the electric light, gas plants with their dis-
tributing systems, the street railway lines and
all other property of the company in Iowa and a
collateral lien on the balance of the property
mentioned above, by deposit of $2,500,000,
entire capital stock, of the Tri-City Ry. Co.
$9,800, entire capital stock of the Davenport
& Suburban Ry. Co.; $200,000, entire capital
stock of the Moline, East Moline & Watertown
Ry. Co.; $900,000, entire capital stock Peoples’
Power Co.; $250,000 entire capital stock of the
Peoples’ Light Co.; $25,000, entire capital stock
of the Davenport Gas & Electric Co. and $85,700
entire capital stock of the Independent Light &
Power Co. No securities may be issued by
the companies whose securities are deposited
hereunder, unless such securities are deposited
hereunder, except by the written consent of the
Trustee or unless issued under mortgages in
force at the date of this indenture for the purpose
of retiring a like amount of underlying bonds
Prior Lien—$54,000 Tri-City Ry. Co. 1st 5s
of 1922; $300,000 Citizens Ry. & Lt. 1st 5s of
1917 for the retirement of which bonds are
reserved under this mortgage.
Underlies—$5,242,000 1st & Ref. 5s of 1930,
under which mortgage bonds are reserved to
retire this issue.
Listed on the New York and St. Louis Stock
Exchanges.
Net Earnings, 12/31/13........ $1,516,097
i eT rr er ere 638,521
Original Market—Offered in 1906, by N. W.
Halsey & Co. and Mackay & Co., New York, at
98 and interest.
Market.
New York—N. W. Halsey & Co., McGeorge
& Vanderhoef, Bigelow & Co., L. A. Norton,
Penington, Colket & Co., P. W. Brooks & Co.,
Mackay & Co., H. D. Robbins, J. H. Davis &
Co., Miller & Co. f
Boston—Merrill, Oldham & Co., Parkinson &
Burr, Burgess, Lang & Co.
Philadelphia—Penington, Colket & Co., Reed
& Huntoon, S. K. Phillips, Oscar R. Dare.
Baltimore—Colston, Boyce & Co
Portland, Me.—Fidelity Trust Co. .
Chicago—John Burnham & Co., Yard, Otis &
Taylor, Stanwood, Taylor & Co., N. .W. Halsey
& Co., Curtis & Sanger.
(THE) TRI-CITY RAILWAY & LIGHT CO. Ist
& Ref. 5s. Due July 1, 1930.—F.
Dated July 1, 1910. Interest payable Jan.
and Juy 1, at Trustees office.
Authorized—$20,000,000.
Outstanding—$5,242,000. $2,207,000 owned
by United Ry. & Lt. Co.
Held in Treasury—$137,000. ome
Denomination—Coupon, $1,000. Registerable
841
as to principal. Registered, $1,000. C. & R.
interchangeable.
Trustee—Central Trust Co., of New York.
a Redeemable at 105 and interest on any interest
ate.
Improvement Fund—This fund provides for
payments annually, beginning February 1, 1924,
of a sum equal to 144% of the par value of
bonds outstanding. The proceeds of this
fund are to be used for extensions, improvements
and betterments.
Organization and Control—See Coll. Tr. 5s
above.
_ Secured by direct mortgage and collateral
lien on the property covered by the Coll. Tr. 1st
S. F. 5s and junior to the lien of that mortgage.
Prior Liens—$7,889,000 Coll. Tr. 1st Lien 5s
of 1923; $300,000 Citizens’ Ry. & Lt. Co. 1st 5s
of 1917 and $54,000 Tri-City Railway Co. 5s of
1922, for the retirement of which, bonds of this
issue have been reserved.
Listed on the Unlisted Dept. of the Chicago
Stock Exchange.
Original Market—$600,000 offered in Nov.,
1911, by N. W. Halsey & Co., New York, Chicago,
etc., at 95 and interest. $1,250,000 additional
offered in Feb., 1912, at 95 and interest by the
same firm.
Market.
New York—N. W. Halsey & Co., F. H. Hatch
& Co., Stanwood, Taylor & Co., Mackay & Co.,
Kirkpatrick & Lewis, H. D. Robbins, Leonard
Snider & Co., H. P. Vaylor & Co., Miller & Co.-
Philadelphia—Chandler &.Co., Oscar R. Dare.
Minneapolis— Wells & Dickey Co.
Chicago—State Bank of Chicago, Stanwood,
Taylor & Co., Hulburd, Warren & Chandler,
Peoples’ Trust & Savings Bank, Yard, Otis &
Taylor, Hornblower & Weeks, E. T. Konsberg
& Co., N. W. Halsey & Co.
New Haven—Chas. W. Scranton Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
St. Louis—Whitaker & Co.
(THE) TRI-STATE RAILWAY & ELECTRIC
CO. 1st 6s. Due April 1, 1961. Z
Dated April 3, 1911. Interest payable April
and Oct. 1, at Bankers’ Trust Co., New York
one ” London. (Receivership and reorganiza-
ion.
Authorized—$2,500,000. sic
Outstanding—$668,000 ($332,000 additional
bonds have been issued and are held in the
treasury).
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
_ Redeemable after April 1, 1916, at 105 and
interest.
Sinking Fund—1% per annum of bonds out-
standing in each year commencing Dec. 1, 1915.
Organization—Incorporated in Ohio in 1911
and took over the property of the Steubenville
& Wellsburg Traction Co. and acquired the
entire capital stock of the Steubenville, Wells-
burg & Weirton Ry. Co. (which leases the Ohio
River Passenger Ry.), Beaver County Light Co.,
Wellsburg Electric, Heat & Power Co. and
Midland Electric Light & Power: Co. Also
oe the property of companies mentioned
elow. q :
Receivership—R. G. Richards of Steubenvile,
O., and W. R. W. Griffin of East Liverpool, O.,
were appointed receivers on application of
Trustee, March 1913. The receivers will not
operate the properties of controlled companies
in Pennsylvania and West Virginia. It is repor-
ted that friendly reorganization is under way.
Secured by a first mortgage on 4 of a mile of
electric railway owned and a first lien on prac-
tically the entire capital stocks of several electric
railway and light companies and leases of the
East Liverpool Traction & Light and Steuben-
ville & East Liverpool Ry. & Lt. Co. These
Companies own and operate a total of about
75 miles of electric railway in and around Steuben-
ville, Ohio. i
Prior Liens—$1,500,000 bonds.
Listed on London Stock Exchange.
Original Market—Offered in 1911 by_ the
Municipal and General Securities Co., Ltd.,
London at 95 and interest with bonus of 20%
common stock.
TeeeD ELECTRIC CO. ist 5s. Due June
, i.
Dated June 1, 1901. Interest payable June 1
and Dec. 1, at Trustee’s office.
Authorized and Outstanding—$720,000.
Denomination—Coupon, £100 or $480.
Trustee—National Trust Co., Montreal.
Organization—Incorporated in 1899 in Trini-
dad as a consolidation. sae
Secured by a first mortgage on electric light
and street railway system in Port-of-Spain,
Trinidad, British West Indies. Railway. com-
prises about 12.5 miles of track. Population
served, 80,000. Franchises run for 30 years and
are exclusive at the end of this period the govern-
ment may purchase at arbitrated value or fran-
chise continues for an additional 20 years.
Underlies—$43,500 7% Debentures.
Net Earnings, 12/31/14........... $9!
INGO OSb ss iis ose scree oc saeuel dees teensane 36,000
Original Market—First offered by the Royal
Securities Corp., Halifax, N. S.
arket.
Montreal—Royal Securities Corp., Ltd., J. M.
Robinson & Sons.
Toronto—Goldman & Co.
TROY & BOSTON RAILROAD ist 7s. Due
July 1, 1924.—N.
See Map 13.
Dated July 1, 1874. Interest payable Jan.
and July 1, at Fitchburg R. R. Company’s office,
Boston.
Authorized—$1,500,000. .
Outstanding—$573,000 (Mortgage closed).
Denomination—Coupon, $1,000, $5,000 and
$10,000. Registered, $1,000, $5,000 and $10,000.
' Trustees—E. Thompson Gale and William
Howard Hart.
.. -Control—The Troy & Boston R. R. was con-
solidated in 1887 with the Fitchburg R. R. Co.,
nich is leased to Boston & Maine:R. R. until
Assumed by Fitchburg R. R. Co. .
Guaranteed as to interest by B. & M. R. R.
under terms of lease.
Secured by a first mortgage at the rate of
$14,200 per mile on (7) 40 miles of road from
Troy, N. Y., to New York-Vermont State Line;
and on a one-quarter interest in the Troy Union
R. R., owning two miles of road in Troy, N. Y.
Legal for Cal., Conn., Me. and Mass.
arket. . i
New York—J. H. Becker & Co., Kirkpatrick
& Lewis.
TROY CITY RAILWAY CO. Ist Cons. 5s. Due
Oct. 1, 1942,—N. ‘ :
Dated December 1, 1892. Interest payable
April and Oct. 1, at Central Trust Co., New York.
Authorized and Outstanding—$2,000,000
Denomination—Coupon, $1,000. Registerable
as to principal only, or fully registerable. Regis-
tered, $1,000.
Trustee—Central Trust Co., New York.
Assumed by the United Traction Co.
Control— Merged into the United Traction Co.,
the entire capital stock of which is owned by the
Delaware & Hudson Co.
Secured by a first mortgage on 10 miles of
street railway track in and around Troy, N. Y.
Further secured by deposit of entire $200,000
capital stock of the Troy & Lansingburg R. R.
Co., and by a first lien on leasehold interest in the
property of the last named company which leases
for their corporate existence the property of the
Troy & Cohoes R. R. Co., the Lansingburg &
Cohoes R. R. Co. and the Waterford & Cohoes
R. R. Co. Franchises are perpetual.
Underlies—$456,000 United Traction Co. Deb.
4s and $2,620,000 Cons. 44s of 2004, a suffi-
cient amount of the latter being reserved to retire
this issue. :
Net Earnings, 6/30/14......... $1,124,689
Interest, rentals, etc........... 711,826
This issue «5. score ocewacawa<' ee
573,006
Legal for N. H. <
Market.
New York—Bigelow & Co.
(THE) TRUMBULL PUBLIC SERVICE CO.
1st S. F. 68. Due June 1, 1929.—F.
Dated June 1, 1911. Interest payable June
and Dee. 1, at First National Bank, New York,
and Trustee’s office.
Authorized—$1,500,000.
Outstanding—$986,600.
Denomination—Coupon, $1,000, $500 and
$100. Registerable as to principal.
Trustee—Citizens’ Savings & Trust Co.,
Cleveland.
Redeemable at 105 and interest on any interest
ate.,
Sinking Fund—Annually, commencing June 1,
1915, 2% of outstanding bonds, to be applied to
their purchase or redemption at not over 102 and
interest. In lien of cash payments, delivery of
bonds secured hereby to an amount at their
face value equal to said sinking fund require-
‘ments, exclusive of premium or payments may
be made part in cash and part in bonds. Pay-
ments are to be made monthly beginning June 1,
Organization and Control—Incorporated in
Ohio in 1911 as a consolidation of gas, electric
and water works properties. ,-.86.62% of the
$200,000 preferred stock and $1,500,000 common
stock is deposited under the Consolidated Cities
Light, Power & Traction Co. 1st Lien 5s, due
1962. The latter company has been absorbed
by the Cities Service Co. -
Management—The Doherty. Organization.
Secured by a first mortgage on-plants supply-
ing electric light and power in Wagren, Niles,
Newton Falls and Leavittsburg, O., and plants
supplying water and artificial gas in Warren.
Property includes three hydro-electric plants of
combined capacity of 900 k. w. in addition to
steam generating plant of 1,100 k. w. Popu-
lation served, 22,000. Franchises—electrie in
Warren expires Aug., 1933, gas, June, 1926 and
water, April, 1930.
Net Earnings, 11/30/13........... $108,700
PI terest cigs keiescass 4s BA ark. eens 51,000
. Original Market—$700,000 offered in June,
1911, by Otis & Hough (now Otis & Co.),
Cleveland, at par and interest. . $150,000 offered
in 1914 by Pingree, McKinney & Co., Boston, at
par and interest.
Market.
Cleveland—Otis & Co. .
_ New York—Howe, Norris & Co., Gude, Win-
mill & Co., Berdell Bros.
Boston—Kimball, McKinney & Co.
Wheeling—Geo. W. Baron.
OTe oe RAILROAD Ist 5s.
Due July 1,
Date Extended from July 8, 1910, interest being
reduced from 6%. Interest payable Jan. and
July 1, at Camden Safe Deposit & Trust Co.,
Camden, N. J. :
Authorized and Outstanding—$100,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Camden Safe Deposit & Trust Co.,
Camden, N. J.
Redeemable after July 1, 1920, at 105 and
interest.
842
Organization—Incorporated in New Jersey in
1866 and reorganized in 1880. In 1909 leased the
Philadelphia & Beach Haven R. R. operating
12.14 miles.
Secured by first mortgage at the rate of
$3,200 per mile on 31 miles of road from Tucker-
ton to Whiting’s Station and including a two
mile branch to Edge Cove, N. J., not in operation.
Line serves several seashore resorts n New
Jersey.
Net Earnings, 6/30/13............. $18,062
Interests sir -g esau aces aGieaa Bane 000
(THE) TULSA (OKLA.) CORP. 1st S. F. 5s. Due
May 1, 1932.—F.
Dated May 1, 1912. Interest payable May
and Nov. 1, at P. W. Brooks & Co., New York.
Authorized—$1,000,000. mel
Outstanding—$342,000.
Retired by Sinking Fund—$8,000.
Held in Treasury—$100,000.
Denomination—Coupon, $100, $500,
$1,000. Registerable as to principal.
Trustee—Bankers’ Trust Co., New York.
Redeemable in part at 105 and interest on
and after May 1, 1915, or as a whole at 102 44 and
interest.
Sinking Fund—1% of outstanding bonds
annually for four successive years following
May 1, 1914, 14%% for suceeding four years
and 2% until maturity for the purchase or
redemption of bonds of this issue at not over
105 and interest.
and
Organization and Control—In 1906 this com-'
pany took over the franchises and property of
the Peoples’ Gas Co. of Tulsa. Controlled
through stock ownership by the Middle West
Utilities Co. through its subsidiary, Publie Ser-
vice Co. of Oklahoma.
_ Secured by a first mortgage on plant supply-
ing electric light and power in Tulsa, Okla. and
on ice plant with a daily capacity of 105 tons
and cold storage warehouse. Population served,
about 25,000. Franchise expires March, 1935,
Net Earnings, 12/31/13.......... $83,551.
TMG CT OSE 6 acc soe toestctceveus ssa deadasralerie 22,
Original Market—$450,000 offered in July,
1912, at 94 and interest by P. W. Brooks & Co.,
New York and Boston.
Market.
New York—P. W. Brooks & Co.
Boston—Marshall & Co.
TUSCARAWAS RAILROAD ist 6s. Due June
» 1916. 2
Dated June 1, 1896. Interest payable June and
Dec. 1, at Cleveland Trust Co., Cleveland, Ohio.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $500.
Trustee—Cleveland Trust Co., Cleveland, O.
Control—Absorbed by the Canton-Akron
Consolidated Ry., which is controlled through
ownership of entire stock by Northern Ohio
Traction & Light Co. 3
Secured by a first mortgage on about 10 miles
Cie from New Philadelphia to Uhrichs-
ville, O.
Underlies—$2,052,000 Canton-Akron Consol.
Ry. Cons. 5s of 1933, (guaranteed principal and
interest by the Northern Ohio Traction & Light
Co.) which mortgage provides for the retirement
of this issue.
Net Earnings (N. O. T. & L. Co.)
V2/ 8/14. & 535 sires a wes aces 4 $1,398,656
606,899
TWENTY-THIRD STREET RAILWAY CO.
(New York City) Imp. & Refg. 5s. Due
Jan. 1, 1962.—F.
Tax exempt in New York.
Dated Jan. 1, 1912. Interest payable Jan. 1
and July 1.
843
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal only.
Trustee—Bankers Trust Co., New York. |
Redeemable at 10714 and interest on any in-
terest date, :
Organization and Control—Incorporated in
New York in 1872, and leases Bleecker St. and
Fulton Ferry R. R. Co. Is in turn leased to the
New York Rys. Co. for 979 years from 1893,
at a rental equal to 18% per annum on $600,000
stock. The New York Rys. Co., which is con-
trolled through stock ownership by the Inter-
borough-Metropolitan Co., has applied to the
Public Service Commission for permission to
purchase $420,400 stock of the Twenty-Third
St. Ry. Co. at $350 per $100 share.
Secured by a second mortgage on two miles
of underground electric double-tracked street
railway on Twenty-Third St. from the Hudson
River to the East River, and on horse railway
on Twenty-eighth and Twenty-ninth Sts. be-
tween First and Second Aves. The company
has practically a Perpebat franchise to operate
a connecting branch on Second Ave. from
Twenty-third St. to Twenty-ninth St. and on
First Ave. from Twenty-eighth St. to Thirty-
fourth St. These bonds are further secured on
99-year lease from 1876 of the lines of the Bleecker
St. & Fulton Ferry R. R., of which two miles of
track, Twenty-third St. and the Hudson River
along Marginal St. to Fourteenth St. to Fourth
Ave., with trackage rights to Avenue D, is
operated by electricity and 214 miles from Four-
teenth St. via Hudson and Bleecker St. to
Broadway are operated by horse. The company
has also trackage on Broadway from Bleecker
St. to Fulton St.
Prior Lien—$250,000 1st 6s and $700,000 B. S.
& F.F.R. R. 4s.
Underlies—$150,000 Debenture 5s.
Net Earnings (New York Rys.
Co.), 6/380/14...........0 06. $4,442,959
Rentals: jc. .0 ¢5008 4 idea nset 1,885,849
Interest (underlying bonds)..... 1,144,338
Interest on income bonds, etc... 1,408,839
Original Market—$1,500,000 offered in May,
1914, by the Guaranty Trust Co., New York, at
9914 and interest.
TWIN CITY TELEPHONE CO. Ist 5s. Due.
$25,000 July 1, 1915; $35,000 annually July.
1, 1916, to 1920, inclusive; $40,000 annually
July 1, 1921, to 1925, inclusive, and $500,000
July 1, 1926.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at Trustee’s office or Kountze Bros.,
New York.
Authorized—$1,000,000.
Outstanding—$900,000.
Retired—$100,000.
Denomination—Coupon, $100, $500 and $1,000.
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable at 105 and interest any interest
date.
Control—Absorbed by the Tri-State Tele-
phone & Telegraph Co. in 1906. This latter
company owns and operates independent tele-
hone systems in Minnesota, Wisconsin and
North Dakota, serving about 1,650 cities and
towns. :
Secured by a first mortgage on independent
telephone systems in Minneapolis and St. Paul,
inn. Minneapolis franchise unlimited as to
time; St. Paul franchise expires in 1926.
Net Earnings, 12/31/13 $735,552
Interest, taxes, etc............. 103,226
Original Market—First offered by Trowbridge
& Niver Co., Chicago.
Market.
St. Paul— White, Grubbs & Co., F. E. Megraw,
C. O. Kalman & Co.
Minneapolis—W. E. Neiler Co., Wells &
Dickey Co.
.
TWIN STATE GAS &.ELECTRIC CO. Ist &
Ref. 414s. Due Oct/1, 1926.—F. |
Dated Oct. 1, 1906. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,500,000. wy alas
Outstanding—$1,040,000 (Closed mortgage).
Denomination—Coupon $500 and $1,000.
Trustee—Columbia Trust Co., New York.
Guaranteed as to principal and_ interest by
the National Light, Heat & Power Co. .
Organization and Control—Incorporated in
Connecticut in 1906 to acquire public utility
properties. A large majority of the capital
stock is owned by the National Light, Heat &
Power Co., a holding company, which is con-
trolled through stock ownership by the Middle
West Utilities Co. | :
Secured by a direct mortgage on plants sup-
plying gas, electric light and power to Dover,
. H., Brattleboro and Bennington, Vt.; on
street railway system in Brattleboro, and on
plants supplying electric light and power to
Rochester, Salmon Falls, Somersworth, Hinsdale,
Berlin and St. Johnsburg, N. H., Berwick, South
Berwick, North Berwick and Lebanon, Me., and
Hoosick Falls, N. Y. Population served about
‘75,000. Principal franchises are perpetual.
. Property includes both hydro-electric and steam
power plants. Central stations are located in
Dover, Brattleboro, Bennington and Hoosick
Falls and are operated jointly by water power
and steam plants.
Prior Liens—$135,000 Dover Gas Light Co.
1st 5s of 1925, $250,000 United States Gas &
Elec. Co. bonds of 1917 and $69,000 Brattleboro,
Gas Light Co. 5s of 1923.
Underlies—$815,000 Ist & Ref. 5s of 1953,
which mortgage provides for the retirement of
this issue and prior liens. Practically all of the
1st & Ref. 5s are deposited under the 3-Year
Conv. 6s, due Oct. 1, 1916.
Original Market—Offered in 1907 by A. H.
Bickmore & Co., New York, at 90 and interest
and in 1911 by the same firm at 92 and interest.
Market.
New York—A. H. Bickmore & Co., A. E.
Fitkin & Co., Hotchkin & Co., F. H. Hatch & Co.,
J. K. Rice, Jr., & Co., Howe, Norris & Co.,
Didrichsen & Co., L. F. Hepburn.
Boston—H. C. Spiller & Co., Hotchkin & Co.
Philadelphia—Francis R. Welsh.
TWIN STATES GAS & ELECTRIC CO. 3-Year
_.. Conv. 6% Notes. Due Oct. 1, 1916.—N.
Dated Oct. 1, 1918. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$1,000,000.
Outstanding—$649,100.
Denomination—Coupon, $100,
$1,000. Registerable as to principal.
Trustee—Union Trust Co., New York.
Redeemable on any interest. date at 100 and
interest on 30 days’ notice. ;
Convertible at any time at par into Ist &
Ref. 5s at 93.
Ju eueeten and Control—See Ist & Ref. 4s
above. a
Secured by deposit of $779,000 1st & Ref. 5s
of 1958, which are secured by a mortgage on all
the property of the company. Covered by the
lien of the Ist & Ref. 414s (which see above) and
on additional properties recently acquired. The
mortgage provides that 1st & Ref. 5s are to be
pledged in a par amount equal to 120% of the
par amount of notes issued. The mortgage
further provides for the withdrawal of bonds
deposited by depositing 8314 % of par amount in
cash or a par amount of these notes equal to
8314 % of the par amount of the pledged bonds
to be withdrawn. The company may also with-
draw cash so deposited by deposit of lst &
Ref. bonds of a par amount equal to 120% of
the cash withdrawn.
Prior Liens—$1,573,000 bonds of subsidiary
companies, including Ist & Ref. 414s of 1926..
Net Earnings, 12/31/12.......... $233,597
*Interest....... cee ec ee eens 84,715
*Not including interest on this issue. :
Original Market—Offered Oct., 1913, by
Russell, Brewster & Co., and McCoy &.Ca.
Chicago, and A. H. Bickmore & Co., New York
at 97.22 and interest.
Market.
Chicago—Russell, Brewster & Co.,MceCoy & Co.
New York—A. H. Bickmore & Co., Howe,
Norris & Co. 4
Boston—L. Sherman Adams.
$500 and
844
uo
ULSTER & DELAWARE RAILROAD CO. Ist
Cons. 5s. Due June 1, 1928.—F.
See Map 45.
Dated June 1, 1888. Interest payable June
and Dee. 1, at Trustee’s office.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : z
Trustee—Central Trust Co., New York.
Secured by a first mortgage on about (5) 87
miles of road extending from Kingston Point via
Phoenicia, Stamford and Hobart ‘to Bloomville
and on about 15 miles from Phoenicia to Kaaters-
kill Jet.and Hunter. These bonds are outstand-
ing at the rate of $23,000 per mile.
Underlies—$1,000,000 Ulster & Delaware Ist
Ref. 4s of 1952. ‘
Net Income, 6/30/14... ......... $163,970
Interest. ince i sgey ioe i leans sede 140,350
Listed on the New York Stock Exchange.
Market. i
New York—Ambrose R. Clark, Douglas Fen-
wick & Co., Spencer Trask & Co., Redmond &
Co., Foster Adams, Seasongood & Haas,
Hodenpyl, Hardy & Co., Inc., :
Chicago—Hodenpyl, Hardy & Co., Inc.
ULSTER & DELAWARE RAILROAD CO. Ist
Ref. 4s. ._Due Oct. 1, 1952.—F.
See Map 45.
Dated October 1, 1902. Interest payable
oot and Oct. 1, at Central Trust Co., New
or
Authorized—$3,200,000.
Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal and fully registerable.
Trustee—-Guaranty Trust Co., New York.
Secured by a first mortgage on (6) 28 miles of
road, from Bloomville to Oneonta, N. Y., 19
miles with terminal at the latter city and on the
line from Kaaterskill Jct. to Kaaterskill, eight
miles, and by a second lien on (5) 87 miles of’
road from Kingston Point to Bloomville, N. Y.,
and branches, subject to a prior lien at the rate
of $23,000 per mile. These bonds are outstand-
ing at the rate of $9,000 per mile.
Prior Liens—$2,000,000 U. & D. R. R. Cons. 5s.
Listed on the New York Stock Exchange.
Original Market—-$500,000 offered in 1904 by
Redmond & Co., New York, at 91 and interest.
Market.
New York—Douglas Fenwick & Co., Percy H.
Bradshaw, Wood, Struthers & Co., Redmond &
Co., Spencer Trask & Co.,
Foster & Adams, Seasongood & Haas, Hodenpyl,
Hardy & Co., Inc., McGeorge & Vanderhoef.
Chicago—Hodenpyl, Hardy & Co., Inc.
lei POWER CO. Ist 5s. Due Dec. 1
Dated Dec. 1, 1908. Interest payable June
and Dec. 1, at Trustee’s Office, Boston, Mass.
Authorized—$300,000.
Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Federal Trust Co., Boston, Mass.
Redeemable on any interest date at 1114
and accrued interest. 2
: Organization —Incor porated 1905 in Connect-
icut.
Secured by a first mortgage on a hydro-
electric plant on the Shetucket River, Windham,
Conn. Supplies power to the Rotkville-Willi-
mantic Lighting ce . and sells power directly to the
city of Norwich, Conn. for its municipal lighting
and power plant. Franchise perpetual. Contract
with city of Norwich gives company a net return
equal to 114 times bond interest.
Net Earnings, 6/30/14...........
AWUIPGRE, 2 chads scae cams 50 ke8 ahs
Mar
Boston—Perry, Coffin & Burr.
W. N. Coler & Co.’
UNDERGROUND ELECTRIC RAILWAYS CO-
eet LTD., 4%4s. Due Jan. 1»
Dated Sept. 1, 1908. Interest payable Jan.
and July 1, at London County and Westminster
Bank, Ltd. London, and New York Trust Co.,
New York, at the fixed rate of exchange of
$4.866 per £.
Authorized—$15,000,000. (£8,000,000.)
Outstanding—$8,650,000. (£1,806,000.)
Redeemed—$5,443,500.
Denomination—Coupon, £20, £100 and £200.
Trustee—London ounty & Westminster
Bank, London.
Redeemable at par at option of company.
The company may sell with the approval of the
Trustee all or any part of the collateral deposited
as security for these bonds and use the proceeds
towards redemption of, bonds..
Organization—Incorporated April, 1902, in
England. Reorganized May, 1908.
_ Secured by a first collateral lien on the follow-
ing stocks and shares having a par value of
£13,664,965:—
etropolitan District Ry. ordinary. £1,781,500
Metropolitan District Ry., assented
Ist preference....... 0... cee ewes 90,000.
Metropolitan District Ry. assented
d. preference................00. 1,470,000
London Elec. Ry. 4% preference
stock........ pradig de a) acai wcafer ar 450,566
London Elec. Ry. ordinary stock... 7,900,020
London United Tramways, Ltd.
ordinary stock. « iiss seixaniis ia
City &So. London ordinary share:
London & Suburban Tr. Co., L
preference shares........
London & Suburban Tr. Co., is
ordinary shares........ nis eraie.ateMe ave 420,734
MR Ot alive. 3.2, cove ord ee aides io tneadadens G2 £13,664,965
It is provided in the trust deed that in the
event of default in payment on four consecutive
coupons, the poscpal becomes due, and upon
the demand of over 50% of the bondholders the
trustees shall dispose of the collateral.
Prior Liens—Approximately the following
bonds of owned or controlled companies. are out-
standing: London Elec. Ry. £4,191,106 4% Deb.
Stock; City & South London Ry., £681,829 4%
Debs.; London Suburban Traction Co. and
Subsidiaries, £2,624,008 4%, 414% and 5%
Deb. Stocks; and £1,000,000 Income bonds;
Metropolitan Dist. Ry., £700,000 4% prior lien
bonds, £1,211,625 6% Deb. Stocks; £1,624,200
4% Deb. Stock. , : ‘
Underlies—£1;273,000 6% 1st Cumulative In-
come Debs. and £6,136,046 6% Income bonds.
Net Earnings, 12/31/14......... £673,830
Fixed Interest: .........-...... 110,434
Income Interest............ * 487,923
Listed on the New York, London, Frankfort
and Amsterdam Stock Exchanges.
Market...
New York—E. Bunge & Co., Speyer & Co.,
Slattery & Co., Seasongood & Haas. Fj
UNDERGROUND ELECTRIC RYS. CO. OF
LONDON, LTD. Non-cumulative Income
6s. Due Jan. 1, 1948.—N.
Dated Sept. 1, 1908. Interest payable Mar.
and Sept. 1, if earned (non-cumulative) at New
York Trust Co., New York, or at Trustee’s office.
Payments have been 14% each on Sept. 1, 1910,
and March 1, 1911; %4% Sept. 1, 1911; 1%
March 1, 1912, 2% Sept. 2, 1912, and 3% each
March and Sept. 1, 1913, and March 1, 1914.
Authorized—$32,500,000.
Outstanding—$30,680,230.
ae ee £20, £50, £100 and
Trustee—London County & Westminster
Bank, Ltd., London.
845
Redeemable as a whole or in part at par and
interest on six months’ notice.
Voting Power—Holders of these bonds have 11
votes for each £100 of proseel:
Secured by a second lien on the securities de-
posited as collateral for the 4}4s due 1933. The
company operates 102 miles of double-tracked
underground and surface railways in the city of
London, Eng. Population served, over 5,000,000.
Prior Liens—$8,650,000 414s due 1933 and
underlying bonds thereto as described above.
Listed in New York, London, Frankfort and
Amsterdam Stock Exchanges.
Market.
New York—E. Bunge & Co., F. H. Hatch &
Co., Slattery & Co., Speyer & Co., J. H. Becker
& Co., Seasongood & Haas. ;
(THE) UNION BAG & PAPER COMPANY Ist
25-Year S. F. 5s. Due July 1, 1930.—F.
Stamped Bonds—Bonds Nos. 3601 to 5000 are
stamped ‘‘Tax Exempt in New York State.”
Dated June 28, 1905. Interest payable Jan.
and July 1, at Company’s office, 17 Battery Place,
New York.
Authorized—$5,000,000.
Outstanding in Hands of Public—$3,517,000.
Held in Treasury—$710,000.
Held in Sinking Fund—$772,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 105 and interest on any interest
day on two months’ notice. :
Sinking Fund—2% annually on Nov. 1, of all
bonds outstanding and in Sinking Fund to be
applied together, with the interest on all bonds
held alive to the purchase and redemption of
these bonds at not exceeding 105 and interest.
Bonds so redeemed to be kept alive and interest
added to the sinking fund. a
Organization—Incorporated in New Jersey in
1899, as a consolidation of seven paper and paper
bag companies. Additional properties have
since been acquired. ap 7
Secured by a mortgage on groundwood mills
a power plant, paper mills, etc., sulphite mills
wood preparing mills, bag factories, etc., located
at Hadley, N. Y., Hudson Falls, N. Y., Ballston,
N. Y., Cap de'la Magdeleine, Que., Watertown,
Mass., Kaukauna, Wis., Charlemagne, St. Adele
and Montcalm, Que.. Also on timber tracts
in Canada aggregating 2,550 square miles. Also
timber tracts in the Adirondacks. Capacity of
sawmills, 75,000,000 feet annually. Company
specializes in paper bags and wrapping paper.
30% back dividends were due on company’s
$11,000,000 preferred stock, May 1, 1914.
Prior Liens—$210,000 6% assumed bonds,
maturing $10,000 per annum. Secured on only a
small portion of the property. : ‘
Net Earnings, 1/31/15... .. $838,305
Interest and Sinking Fund....... — 371,108
Listed on the New York Stock Exchange. _
Original Market—Offered in 1905 by Harvey
Fisk & Sons, New York, and $750,000 offered in
1912 by National City Bank, New York, and Lee,
Higginson & Co., Boston, ete, at 9414 and
interest.
Market ;
New York—F. J. Lisman & Co., Bigelow &
Co., Hornblower & Weeks, Penington, Colket &
Co., National City Bank, Lee, Higginson & Co.,
Blodget ,& Co., McGeorge & Vanderhoef, H.
Dufiean Bulkley, J. A. Clark & Co., Whittemore,
Pell & Co., Didrichsen & Co.
Baltimore—J. S. Wilson, Jr., & Co.
St. Louis—Bowman, Cost & Co.
Boston—Lee, Higginson & Co. ks
Philadelphia—Penington, Colket’ &'Co.
Chicago—Breitung & Co., Ltd,
“St. Paul—-Stevens, Chapman & Co.
Registerable
UNION CARHIDE co. Due July 1,
1950.—-F. é
Dated July 1, 1900. Interest payable Jan.
and July 1, at Trustee’s office, New York.
Outstanding—$318,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., N. Y. :
Organization—lIncorporated in Virginia, 1898.
Secured by a first mortgage on entire property
of company consisting of extensive plants to
manufacture calcium carbide, acetylene gas mate-
rial. Plants and property located at Niagara
Falls, N. Y., and Sault Ste, Marie, Mich.
Earnings—Company paid dividends as fol-
lows: 1906,5144%; 1906,6%; from 1907 to 1910,
8% per annum; 1911 to 1913, 10% per annum,
and 1914, 444% to April, and also paid stock
dividends. Amount of stock now out, $19,060,-
Market.
New York—wW. A. C. Ewen, Bigelow & Co.,
J. K. Rice, Jr., & Co., Rauscher & Childress,
Chicago—E. T. Konsberg & Co.
Ist 6s.
UNION DEPOT CO. (COLUMBUS) Ist 7s.
Due May 1, 1923.—N.
Dated May 1, 1878. Interest payable May
and Nov. 1, at Union Trust Co., New York.
Authorized—$500,000.. inl
Outstanding—$374,000.
Owned by the Pennsylvania Co.—$71,000.
Denomination—Coupon, $1,000.
Trustees—Alfred Ely and Thos. D. Messler.
Sinking Fund—$675 annually to be invested
in these bonds if obtainable at par, otherwise in
other approved railroad bonds. .,_,,,.
Organization and Control—Incorporated Au-
gust, 1872, in Ohio, to build astation in the city of
Columbus, QO. .The $74,597 stock is owned
jointly by the Pittsburgh, Cincinnati, Chicago &
St. Louis Ry. and one-half by the Cleveland,
Cincinnati, Chicago & St. Louis Ry.
Secured by a first mortgage on the valuable
terminal property and Union Depot located in
the heart of the City of Columbus, Ohio. About
16 acres are covered. The railways using this
station are Baltimore & Ohio R. R., Cleveland,
Akron & Cincinnati Ry., C., C.,°C. & St. L. Ry.,
. C., C. & St. L. Ry., Hocking Valley Ry. and
orfolk & Western Ry. Each tenant pays as
rental its proportion of the operating expenses,
taxes and bond interest on the basis of the
respective number of trains using the station.
Underlies—$464,000 Gen. 414s of 1946, a suffi-
cient amount of which is reserved to retire this
Issue. ‘
; _. . Market. ;
St. Louis—A G. Edwards & Sons.
UNION DEPOT CO. (COLUMBUS) GEN. .,4 4s.
Due July 1, 1946.—F. =
Dated July 1, 1896. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$800,000. |
Outstanding—$464,000. =
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Farmers’ Loan & Trust Co., New
York. | :
Sinking Fund—Annually beginning Nov. 1,
1896, $2,374, together with interest on bonds
already in sinking fund, to be applied to the pur-
chase of these bonds at not exceeding 102 }4 and.
interest. If not purchasable at this price, the
money shall be invested in bonds of the P., C., C.
& St. L. Ry. Co. or the C., C., C. & St. L. Ry. Co.
Control—See Union Depot Co. 1st. 7s above,
Secured by _a mortgage on the terminal
property and Union Depot in Columbus, Ohio,
Including about 16 acres of real estate, subject
to the 1st 7s of 1923 (see description above).
Prior Liens—$374,000 Ist 7s of 1923.
846
UNION DEPOT RAILROAD (ST. LOUIS)
Cons. 6s. Due June 1, 1918.—N.
Dated June 1, 1893. Interest payable June
and Dec. 1, at Mississippi Valley Trust Co., St.
Louis, Mo.
Authorized and Outstanding—$3,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mississippi Valley Trust Co., St.
Louis.
Control—Absorbed by United Rys. of St.
Louis, which company is controlled through
stock ownership by the North American Co.
Secured by a first mortgage on the 41 miles of
street railway lines of the Union Depot R. R.
located in the city of St. Louis, Mo. This portion
of the U. Rys. of St. L. is generally known as the
Union Depot System.
Net Earnings, 12/31/14........ $3,126,296
THGORES Gish 4.5 Sees tiiadhacaa a thaoatianeal 2,618,255
Listed on the St. Louis Stock Exchange.
Market.
New York—A. G. Edwards & Sons.
_ St. Louis—A. G. Edwards & Sons, Mercantile
Trust Co., Walter E. Orthwein, Bowman, Cost
& Co., Francis Bro. & Co.
UNION ELECTRIC CO. (DUBUQUE) Ist 5s.
Due May 1, 1924.—F.
Dated May 1, 1904. Interest payable May
and Nov. 1, at Illinois Trust & Savings Bank,
Chicago, Ill. :
Authorized—$980,000.
Outstanding—$875,000.
Retired by Sinking Fund—$105,000.
Trustee—Illincis Trust & Savings ° Bank,
Chicago.
~ Redeemable at 105 and interest.
* Sinking Fand—$15,000 annually (since April,
1908), plus interest on all bonds retired by sinking
fund to purchase bonds at not exceeding 105 and
interest.
Organization—Incorporated in Iowa, 1900, as
a consolidation of the Dubuque St. Ry., the
Home Electric Co. and the Star Electric Co.
Secured by a first mortgage on electric lighting
and power plant supplying Dubuque and East
Dubuque, Iowa, and on 19 miles of street railway
track (14144 miles of main track) located in
Dubuque, West Dubuque, etc. Combined
population, about 45,000. Franchises mostly
expire in 1927.
Net Earnings, 12/31/14.......... $202,884
WNGCPORE cuss seia eve we a creteuetsa eraegeaines 43,750
Original Market—A block was offered in
March, 1915, by Perry, Coffin & Burr, Boston,
at par and interest. ‘ ;
3 Market.
Boston—F. W. Mason & Co., Perry, Coffin &
urr.
New York—Perry, Coffin & Burr, Leonard F.
Hepburn.
UNION ELECTRIC LIGHT & POWER CO.
(ST. LOUIS, MO.) Ist 30-Year 5s. Due
Sept. 1, 1932.—F.
Dated Sept. 1, 1902. Interest payable March
and Sept. 1, at Company’s office, New York,
and Trustee’s office.
Authorized—$10,000,000. j
Outstanding—$6,202,000 (Mortgage closed).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Mississippi Valley Trust Co., St.
Louis. . ‘
Organization and Control—Incorporated in
Missouri in 1903, as a consolidation of the Union
Elee. Lt. & Power Co and the Missouri-Edison
Co. Controlled by North American Co,’ by
ownership of nearly the entire stock. ea
Secured by a mortgage on_plants supplying
/electricity in St. Louis, Mo. Has a contract to
supply the city with its public electric lighting
until Sept. 1, 1920. Population served, 750,000.
Franchises expire in some instances 1940, mostly
unlimited. A large part of power used is_pur-
chased from the Mississippi River Power Co.
Net Earnings, 12/31/14........ $
TM COReS ty: 55.35)353.ccarasuertneens: oGuaeyen 2S
THIS 1SBUE i. ess sects sedis tape tend © eae 511,161
Prior Liens—$4,817,000 bonds of merged
companies.
Underlies—$7,071,000 Refunding 5s due 1933.
Bonds of this issue are reserved to retire the 1st
6s at maturity.
Listed on the New York Stock Exchange.
Original Market—First offered by N. W. Harris
& Co., Chicago, New York and Boston.
Market.
New York—Harris, Forbes & Co., P. W.
Brooks & Co., Foster & Adams, Callaway, Fish
& Co., Spencer Trask & Co., L. A. Norton, New-
borg & Co., Bigelow & Co., Low, Dixon & Co.,
Kirkpatrick & Lewis, Gude, Winmill & Co.,
S. L. Snowden, Berdell Bros., Newborg & Co.
St. Louis—A. G. Edwards & Sons, Francis
Bro. & Co., Bowman, Cost & Co., Whitaker &
Co., G. H. Walker & Co.
Boston—N. W. Harris & Co., W. L. Raymond
& Co., F. B. Bassett & Co., Paine, Webber & Co,
Chicago—Harris Trust & Savings Bank.
Omaha—City Trust Co.
Providence—W. W. White & Co.
UNION ELECTRIC LIGHT & POWER CO.
(ST. LOUIS, MO.) Ref. & Ext. 25-Year
5s. Due May 1, 1933.—F. oe ate ce
Dated May 1, 1908. Interest payable May
and Nov. 1, at Company’s office, New York, or
Harris, Forbes & Co.
Authorized—$50,000,000.
Outstanding—$7,071,000.
Held in Treasury—$429,000.
Denomination—Coupon, $1,000. Registerable
as to principal. —
Trustees—Bankers’ Trust Co., New’ York,
and Breckenridge Jones. ‘
Redeemable at 110 and interest on May 1,
1918, or on any interest date thereafter on six
weeks’ notice.
Controlled by the North American Co.
Secured by a mortgage on all the property,
rights and franchises of the company now owned
or hereafter acquired, subject to prior liens men-
tioned below. For description of property see
description of 1st 30-year 5s above.
Prior Liens—$11,019,000 1st 5s and bonds of
absorbed companies.
Listed on the New York Stock Exchange. -
Earnings—See 1st 5s above. ;
Original Market—$2,500,000 offered in May,
1908, by N. W. Harris & Co., New York, and
$5,000,000 offered in 1911 by Harris, Forbes &
Co., New York, N. W. Harris & Co., Boston,
and Harris Trust & Savings Bank, Chicago, at
9614 and interest; $692,000 offered by-same firms
in March, 1918, at 9614 and interest. f
Market.
New York—Harris, Forbes & Co., Foster. &
Adams, L.’A. Norton, Kirkpatrick & Lewis
S. L. Snowden, Berdell Bros.
Providence—Davis & Davis, Brown, Lisle &
Marshall.
Chicago—Harris Trust & Savings Bank, Union
Trust ., Chapman, Mills & Co. ,
St. Louis—Bowman, Cost & Co., Francis Bro.
& Co., Altheimer & Rawlings Inv. Co., G. H.
Walker & Co. : i
~ Boston—N. W. Harris & Co., E. M. Farnaworth
& Co., Parkinson & Burr, L. Sherman Adams,
F. B. Bassett & Co. ee
Albany—Henry J. Prince. ans
Omaha—City Trust Co.
BNIOR PEN CO. 1st 5s. Due Nov. 1, 1920.
S47
Dated Nov. 1890. Interest payable May
and Nov. 1, at Ghee Exchange Bank, New York.
Authorized—$2, 200,000.
Outstanding—$1, 200, 000 ($700,000 and $800,-
000 purchased in open market and cancelled in
1908 and in 1910).
Denomination — Coupon, $100, $500,
$1,000.
Redeemable at 110 and interest.
Secured by a first mortgage on company’s
property consisting of ferry houses, in Brooklyn
and 19 ferry boats. Company operates three
ferry lines on the East River between New York
and Brooklyn. Prior to June 1912 five lines were
operated, but the number was decreased owing
to the completion of the tube, additional bridges,
and
ete. Ferry houses in New York are rented.
Net Earnings, 12/31/11.......... $163,482
rer *. “60,000
Sees eae,
' New York—Williamson & Squire, Babcock,
Rushton & Co., F. H. Hatch & Co., L. A. ‘Norton,
Coffin & Co., Foster & Adams, McGeorge &
Vanderhoef, Kirkpatrick & Lewis, Benedict,
Drysdale & Co., Jones & Lanman, Hirsch,
Lilienthal & Co.
UNION one i. ELECTRIC CO. (BLOOMING-
TON, ILL.) 1st 5s. Due Sept. 1, 1935.—.
Dated Rants 1, 1905. Interest payable March
and Sept. 1, at First Trust & Savings Bank,
Chicago, Ill.
Authorized—$750.000.
Outstanding—$587,000.
Retired by Sinking Fund—$27,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—First Trust & Savings Bank, Chi-
cago, Ill.
Redeemable at 105 and interest on any interest
ate.
Sinking Fund—5% of annual gross earnings
for purchase of bonds in open market or by lot
at not exceeding 105 and interest, or for additions,
betterments and extensions.
Organization and Control—Incorporated 1899
in Illinois, as a consolidation of the Bloomington
Gas Light & Coke Co. and the Citizens’ Gas
Light & Heating Co. Controls the entire gas
business of Bloomington and Normal, Ill. Con-
trolled by the United Gas & Electric Co. of New
Jersey through ownership of stock.
Secured by a first mortgage the plants, mains,
etc. owned and overated by the company.
Population served, 30,000 and upwards. Fran-
chises extend to 1998.
Net Earnings, 12/31/13... - $69,342
ANterests siicciis saa vei 4S OER Oe
ea ba Market—First offered by MacDonald,
McCoy & Co., Chicago, at 101 and interest in
Nov., 1905.
Market.
Chicago—Chas. e Kidder & Co., McCoy & Co.
Louisville—J. J. B. Hilliard & Sons.
UNION IRON WORKS DRY DOCK CO. 6s.
Due Oct. 1, 1929.—:
Dated ets 1, 1909.
and Oct.
nia 000,000.
Outstanding—$789, 533 ($68,467 additional
bonds are held in the treasury of Bethlehem Steel
Corporation.)
Retired by Sinking Fund—$147,000.
Organization and Conkal oad the prop-
erty of the San Francisco Dry Dock Co. in 1908
for $1,812,500 cashand bonds. Merged into Union
Iron Works Co. .» which is controlled through
stock ownership by the Bethlehem Steel Cor-
poration.
Secured by a mortgage on an extensive dry
dock and other property of the company located
in San Francisco.
Interest payable April
848 -
Prior Tins 8800: 000 San Francisco Dry
Dock Co. Ist
Underlies gis, 800, 000 Bethlehem Steel Corp.
1st & Ref. 5s.
Mark
New ‘York—H. Duscan Bulkley.
UNION LIGHT, HEAT & POWER CO. Ist 4s.
Due May 1, 1918.
Dated May 1,1901. Interest payable May and
Nov. 1, at National Bank of Commerce, N. Y.
and at First National Bank, Cincinnati.
Authorized—$2,000,000
Outstanding—$1,500,000. .
Denomination—Coupon,- $100, $500 and
$1,000. Registerable as to principal and fully
registerable:
Trustee—Union Savings Bank & Trust Co.,
Cincinnati.
Redeemable at 110 and interest on three
months’ notice.
Controlled_by the Cincinnati, Newport &
Covington Light & Traction Co., through
ownership of the entire $500,000 capital stock.
The property of the latter company is leased for
45 years from April 1, 1907 to the Columbia Gas &
Electric Co. The Union Light, Heat & Power
Co. owns the Covington, , ekg Gas Light Co.,
the Newport Light Co., the Dayton Electric
Light Co. and the Suburban Electrie Co. Con-
trols the Kentucky Electric Co. and the Bellevue
Water & Fuel Gas Light Co.
Secured by a first mortgage on the entire prop-
erty of the company which does the electric light-
ing business of Dayton, Ft. Thomas, Ludlow,
Latonia, West. Covington, Newport, Bellevue
and Covington, Ky., also the gas lighting of
the three last named: towns and the water busi-
ness of Dayton & Ft. Thomas, Ky. Company
operates under a 20-year franchise.
Listed on the Cincinnati Stock Exchange.
Original Market—First offered in 1901, at
101% and interest by Cramp, Mitchell & Shober,
Fhuadelphia: $100,000 offered May, 1912, by
the Fifth-Third National Bank, Cincinnati, .
a price to yield about 5%.
Market.
Cincinnati—W. E. Hutton & Co., Fifth-Third
National Bank, Rudolph Kleybolte & Co.
New York—John D. Curtis & Co.
UNION LIGHT, HEAT & POWER CO. (FARGO
N. D.) Ist 5s. Due Sept. 1, 1932.—
Dated Sept. 1, 1902. Interest payable ‘Mar.
and Sept. 1, at Trustee’ 's office, Chicago, Ill.
Authorized—$500, 000.
Outstanding—$475,vv0.
Retired by Sinking Fund—$25,000.
Denomination—Coupon, $500 and $1,000.
ce Bank of Chicago, Chicago,
Redeemable on any interest date at 105 and
antereut:
Sinking Fund—$5,000 annually 1910-14;
$6,000 1915-19; $7, 600 1920-24 and $8, 006
thereafter.
Organization and Control—tIncorporated June
1902 in North Dakota as a consolidation of the
Fargo-Edison Co. and the Fargo Gas & Elec. Co.
Controlled by the Consumers’ Power Co., opera-
ting company for the Northern States Power Co.
The last named of these companies is controlled
by the Standard Gas & Elec. Co.
Secured by a first mortgage on the various
oe etc., supplying electricity, gas and steim
eat to Fargo, N. D., and gas to Moorehead,
Minn. Electric franchises expire in 1918; bal-
ance of oa are perpetual. Population
served, 22,0
Underlies $7, 110,000 Consumers’ Power Co.
5s.
Original Market—First offered by McDonald,
McCoy & Co., Chicago, at 101 and interest in
May, 1903.
Chicago—Hulburd’ Warten. & Chandler, M
1cago—Hulburd, Warren. andler, Cc
Coy & Co., H. M. Byllesby & Co. ae
New York—J, A. Clark & Co., H. M. Byllesby
0.
UNION NATURAL GAS CORPORATION Coll.
ar fee $300,000 annually Sept. 1 to
“Dated Sept. 1, 1904, Interest payable Mar.
and Sept. 1, at Colonial Trust Co.,
ae ;
Authorized—$4,000,000.
Outstanding—$367,000.
Retired—$3,308,000. ,
Denomination—Coupon, $1,000.
Trastee—Colonial Trust Co., Pittsburgh, Pa.
Organization—Incorporated 1902 in Delaware. .
Acquired control of-the Manufacturers’ Gas Co.
of Bradford, Pa., Buckeye Gas Co., Logan Gas
Co., Athens Gas Light & Electric Co,, Newark
(Ohio) Gas Co., Warren and Chautauqua Gas
Co., Clyde, Ohio, Gas Co,, Citizens Gas’ Light. &
Coke Co. of Findlay, Ohio, and the Citizens Gas
& Elec. Co. of Lorain and Elyria, O., also one-
half interest in Reserve Gas Co.and Connecting
Gas Co... Leases gas department of Consolidated
Gas & Light Co. of Tiffin, O. a “fl j
Secured by deposit of ‘stocks of underlying
companies, subject to their $1,309,800 bonds.
Operating companies control about 550,000
acres of natural gas lands in eastern Ohio, West
Virginia and Pennsylvania, together with pipe
lines, gas plants, etc., also oil wells. Serves gas
etc. to over 100,000 consumers. Company has
paid dividends of from 8% to 10% on $9,000,000
stock practically since incorporation.
Prior Liens—$1,309,300 bonds of underlying
companies (including $600,000 bonds of Citizens’
Gas & Elec. Co. of Lorain and Elyria).
Underlies—$1,500,000 6s due 1916-1926.
Net Earnings, 12/31/13........ $2,136,429
TRA GOR ES. occ. s is doe aeperais soe yer aldvaia 364,685
Listed on the Pittsburgh Stock Exchange,
: Market. we.
Pittsburgh—H. P. Taylor & Co.
New York—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co. -
UNION NATURAL GAS CORPORATION 6s.
Due Annually April 1, to 1926.—F. 7
Dated April 1, 1918. Interest payable April
and Oct. 1, at Trustee's office.
-Authorized—$6,000,000.
. Outstanding—$ 5,000,000.
: Denomination—Coupon, $1,000.
Trustee—Colonial Trust Co., Pittsburgh, Pa.
Organization—See Union Natural Gas Corp.
68 1914~’16 above.
Secured by stocks of underlying and controlled
Properties (see above). - i
Prior Liens—$1,309,300 bonds of controlled
and operated companies and $900,000 Col. :6s
due Sept. 1914-16 for the retirement of which
latter issue an equal amount of bonds of this
issue are reserved.
Market.
~ Pittsburgh—H. P. Taylor & Co.
. Buffalo—H. P. Taylor & Co.
: ‘New York—H. P. Taylor & Co.
UNION OIL COMPANY OF CALIFORNIA Ist
Lien 20-Year S.F.5s. Due Jan. 2, 1931.—F
| Tax exempt in the State of California.
-'Dated January 2, 1911. Interest payable Jan.
and July 2, at Trustee’s offices.
« ‘Authorized—$20,000,000.
« Outstanding—$5,872,000.
»,Heldiin Treasury or Deposited as Collateral
—$6,521,000.
Retired by Sinking Fund—$1,279,000. |
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R.
interchangeable..
849
ittsburgh,
Trustees—Equitable. Trust Co., New York,
and “Los Angeles Trust & Savings Bank, Los
Angeles. 3
Redeemable as a whole only at 105 and interest
on any interest date on 30 days’ notice, or call-
able for sinking: fund at.102}4 and interest.
Sinking Fund—Annually, since May 1, 1912,
asum suflicient to retire at least $250,000 of these
bonds at 10234 and interest; with proportionate
increase for all bonds in excess of $5,000,000
issued. . :
_ Organization and Control—Incorporated 1890
in California. Controlled by the United Petro-
leum Co. through ownership of about $25,026,200
of the $31,147,000 stock. General Petroleum
Co. has option to purchase this stock...
Secured by a lien on the property directly
owned and operated including asphalt lands
owned in fee,, mineral rights, subject only to a
small amount of purchase money mortgages and
purchase money contracts; secured also by a
collateral lien on various stocks of important
subsidiary companies. . The Union Oil Co. of Cal.
owns land in eleven counties in the four great oil
producing sections of California, together with
upwards of 600 miles of pipe lines; three large
refineries; 19, tankships, barges, etc., with a
capacity gf over 565,000 barrels; about 250
storage tanks, with a capacity of approximately
12,000,000 barrels of crude oil; distributing
stations in the various Pacific States, British
Columbia, Hawaii, Chili, Panama, etc.; a pipe
line across the Isthmus of Panama and one-half
interest in a 13 story fire-proof office building at
Los Angeles. Properties controlled in various
oil fields over 200,000 acres.. No dividends shall
be paid on the stock in any year unless net income
is twice the interest charges on this issue.
Prior Liens—$4,615,000 bonds of constituent
companies which will be retired with bonds of
this issue.
Net Earnings, 12/31/14........ $4,715,488
Interest........ iis ois Bea gdtcita uk Bo 763,066
Original Market—$5,000,000 offered in June,
1911, by Hallgarten & Co., and William Salomon
& Co., New York, at 9114 and interest.
Market.
Los Angeles—Torrance, Marshall & Co., P.
B. Hammond, Perrin, Drake & Riley, W. R.
Staats & Co.,,Blankenhorn & Rath.
. Philadelphia—Cassatt & Co.
New York—Curtis & Sanger, Freeman & Co.,
Wm. Salomon & Co., Gude, Winmill & Co.,
E. F. Hutton & Co., Byrne & McDonnell.
San Francisco—Wm. R. Staats & Co..
Chicago—W. R. Staats & Co.
UNION OIL CO. OF CALIFORNIA Coll. Tr. 6%
Notes. Due $450,000 semi-annually Nov,
. 1, 1914, to May 1, 1918, inclusive.—F.
Dated May 1, 1913. Interest payable Feb. 1,
May 1, Aug. 1, and Nov. 1, at Los Angeles Trust
& Savings Bank, Los Angeles, Cal., or at Bankers’
Trust Co.,. New York.
Authorized—$4,000,000.
Outstanding—$2,999,000.
Retired—$850,000.
Held in Treasury—$151,000
_Denomination—Coupon, $1,000.
as to principal. 7
Trustee—Los Angeles Trust & Savings Bank,
Los Angeles, Cal. .
Redeemable at 103 and interest. .
Organization and Control—See lst 5s above.
Secured by $5,400,000 Union Oil Co. of Cal.
1st lien 5% bonds due 1931 and which are a first
mortgage on the property and a collateral lien
upon various stocks, of important construction
companies, being a portion of an authorized issue
of $20,000,000 (see above). The basis on which
bonds are deposited behind these. notes is $1,500
par value 5% bonds for each $1,000 par value
note.
Registerable
Prior Liens—$4,615,000 bonds of underlying
companies.
Earnings—See 1st 5s above.
Original Market—$2,000,000 offered in May,
1913, at par and interest by Wm. R. Staats Co.,
San Francisco, Los eels and Pasadena, Cal.,
and Torrance, Marshall & Co., New York, Los
Angeles and San Francisco.
Market.
Los Angeles—W. R. Staats & Co., Torrance,
Marshall & Co.
Chicago—W. R. Staats & Co.
Portland—Hall & Lewis.
UNION PACIFIC RAILROAD COMPANY.
Incorporated in Utah in 1897 as successor to
the “Railway” Company of the same name.
The company owns 3,555 miles of road, of
which 812 miles are double-tracked, extending
from Kansas City and Omaha to Denver, Col.,
and Ogden, Utah. The company also owns all
of the stock of the Oregon Short Line R. R. Co.,
which company in turn controls the Oregon‘
Washington Railroad & Navigation Co. These
two companies own 8,580 miles of road from
Salt Lake City and Ogden, Utah, to Spokane
and Seattle, Washington,’ and’ Portland, Ore.,
with numerous branches. ‘The Oregon Short
Line R. R. Co. owns one-half of the stock of the
San Pedro, Los Angeles & Salt’ Lake Railroad
Co., owning 1,000 miles of road from Salt Lake
City to_Los Angeles, Cal., and San Pedro, the
port of Los Angeles. .
Prior to 1913 the Oregon Short Line R. R. Co.
owned a controlling interest in the stock of the
Southern Pacific Co., but in accordance with
a decree of the United States Supreme Court,
and with the approval of the District Court for
Utah, the $126,000,000 Southern Pacific Co.
stock was disposed of, $88,300,000 being ex-
ehanged for Baltimore & Ohio common and
preferred stock owned by the Pennsylvania
. R. Co., and the balance offered to stock-
holders of the Union Pacific R. R. Co.-at about
$88 per share in the ratio of 27% of their holdings
_ of Union Pacific R. R. Co. stock. - Subsequently
the Union Pacific R. R. Co. distributed the B. &
O. R. R. Co. stock received from the Pennsyl-
vania R. R. Co. among its stockholders.
The Union Pacific R. R. Co. has outstanding
$99,543,000 4% non-cumulative preferred stock,
and $216,634,000 common stock. Dividends
have been paid on the preferred stock since
1898, and since 1901 the full 4% has been paid.
Dividends on the common stock have been paid
since 1899. Since 1906 the rate has been 10%
per annum. In January, 1914, the company
decided to distribute the B. & O. R. R. Co. stock
received in exchange for Southern Pacific Co.
stock, pro rata among the common stockholders,
as well as an extra cash dividend of $3 per share.
It was figured that the income on the distribu-
tion received by the holder of each share of
Union Pacific R. R. stock would be about $2,
and the executive committee recommended that
the dividend on the Union Pacific R:: R. stock
be reduced from 10% to 8% per annum. The
dividends had formerly been paid 6% from opera-
tion of road, and 4% from investments.
The Union Pacific R. R. Co. has outstanding
on the 3,555 miles of road directly owned, $202,-
000,000 bonds, at the rate of $57,000 per mile.
For a long period of years the annual net iricome
has exceeded three times the interest charges
on the entire funded debt. a ee
Report for years ended June 30: :
1913-14 1912-13
Gross Earnings ..' $90,308,752 $91,810,307
' Net'Earnings...; 36,916,982 39,712,740
Net Income...'.. 49,521,716 54,149,987
* Interest......... 14,074,182 14,201,658
‘Miscellaneous.... 2,253,689 3,171,174
Dividends....... 23,762,518 25,645,110
Surplus....... $9,331,426 $11,131,995
UNION PACIFIC RAILROAD CO. 20-Year
Cony. 4s. Due July 1, 1927.—F.
Dated July 1, 1907. Interest payable Jan.
and July 1, at Company’s office, 165 Broadway,
New York.
Authorized—$75,000,000.
Issued—$73,762,000. . ° Sa
Converted into°'Common Stock—$46,926,775.
Outstanding—$26,835,225.
Denomination—Coupon, $1,000 and’ $500.
Registerable as to principal, or fully registerable.
Registered, $500 and multiples. C. & R. inter-
changeable. :
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole only at 102}4 ‘and
interest on any interest date upon 90 days’
notice. If called prior to the termination of the
conversion privilege bonds may, however, be
converted to within 30 days of the date of
redemption.
Convertible at any time before July 1, 1917,
into the company’s common stock at $175 per
share unless called for redemption.
Security—These bonds are a direct obligation
of the company but are not secured by any
mortgage.
‘Prior Liens—-$100,000,000 U. P. Ist Mtge. &
Ld. Gt. 4s and $65,085,280 1st and ref. 4s. 2
: Legal for N. H. and R. I. :
Listed on the New York and Boston Stock
Exchanges. . | 7
Original Market—Underwritten in 1907 by
Kuhn, Loeb &-Co., New York, and offered for
subscription to the stockholders at 90.
Market.
New York—Spencer Trask & Co., Freeman &.
Co., Curtis & Sanger, L. M. Prince & Co., Clark,
Dodge & Co., Mackay & Co., Beyer & Co.,
Seasongood & Haas, H. N. Whitney & Sons. -
UNION PACIFIC RAILROAD CO. Ist R. R.
& Land Grant 4s. Due July 1, 1947.—F.
See Map 125.
Dated July 1, 1897. Interest. payable Jan.
and July 1, at Company’s office, 165 Broadway,
New York. . : ae
Authorized and Outstanding—$100,000,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal or fully registerable.
Registered, $1,000, $500 and multiples of $500.
Trustee—Bankers’ Trust Co., New York.
Secured by a first mortgage on (1) 2,092 miles
of main track including the main line, extending
from Council Bluffs, la. and Omaha, Neb.‘ to
Grand Island and North Platte, Neb., Cheyenne,
Laramie, Granger, and Evanston, ..Wyo. and
Ogden, Utah, about 1,003 miles of which about
666 miles are double tracked, Kansas City to
Denver and Cheyenne, 747 miles, and on other
lines. Also secured: on telegraph lines, ' extensive
and valuable terminals, equipment and land
grants amounting June 30, 1918, to 926,347 acres
valued ‘at $1,663,795. The mortgage provides
that the net proceeds from the sale of lands and
the amounts received from dividends and interest
on the stock and bonds of the Union Pacific Land
Co., isto be held by the Truste2s as a fund to be
used for betterments, improvements, equipment,
etc. on the property covered by this: mortgage.
Upwards of $20,000,000 had been received by the
Trustee prior to June 30, 1918. These bonds are
outstanding at the rate of $48,000: per mile.
Underlies—$65,085,280 1st lien and refunding
4s, $100,000,000 of which' are reserved to retire
this issue at maturity; also underlies $36,736,200
convertible Debenture 4s. ee
Legal for Balt., Cal., Conn., Fla.,-Me., Mich.,
Minn., Mo., N. H., N. J., N. Y.,; R. I. and Wis.
Listed on the New York and Boston Stock
Exchanges.
: : Market. 8 .
New York—Callaway, Fish &-Co., J. S. Bache
& Co., Hartshorne & Battelle, Harris, Forbes &
Co., Raymond, Pynchon & Co.,.L.-My Prince &
850
Co., Beyer & Co., Low, Dixon & Co., Beverly
Bogert & Co., Simon Borg & Co., Wood, Struth-
Ad a Co., Gude, Winmill & Co., Seasongood &
Portland, Me.—Chas. H. Gilman.
Chicago—Northern Trust Co., Harris Trust
& Savings Bank. :
Baltimore—Mercantile Trust & Deposit Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.
Boston—N. W. Harris & Co.
Omaha—City Trust Co.
Cincinnati—A. E. Aub & Co.
UNION PACIFIC RAILROAD CO. Ist Lien &
Ref. 4s. Due June 1, 2008.—F.
See Map 125.
Dated June 1, 1908. Interest payable March
and Sept. 1, at Company’s office, 165 Broadway,
New York and in London.
Authorized—$200,000,000.
Outstanding—$65,085,640.
Denomination—Coupon, $1,000, $500, £200
and £100. Registerable as to principal or fully
registerable. Registered, $1,000, $500, £200
and £100. C. & R. interchangeable.
Trustee—Equitable Trust Co., New York.
Redeemable as a whole only at 10734 and
interest on Sept. 1, 1918, or on any interest date
thereafter upon three months’ notice.
Secured by a first mortgage on (2) 1,300 miles
of line, including the line from Valley, Neb., via
Lincoln to Manhattan, Kan.; Leavenworth,
Kans. to Miltonvale, Kans.; Valparaiso via David
City to Central City, Neb.; Columbus to Norfolk,
Neb.; Oconee to Albion, Neb.; Genoa to Spalding,
Neb.; Salina via Plainville to Oakley, Kans.;
O'Fallon to Lewellen, Northport and Gering,
Neb.; Grand Island to Ord, Neb.; and on other
branch lines in Nebraska, Kansas and Colorado,
and by a second mortgage on (1) 2,092 miles of
road, subject to a prior lien at the rate of $48,000
per mile. (For details see 1st R. R. & Land
Grant 4s above.) These bonds are outstand-
ing at the rate of $16,200 per mile.
Prior Liens—$100,000,000 Union Pacific 1st
Mtge. & Land Grant 48 which will be retired by
bonds of this issue at maturity. Oe
Underlies—$36,736,200 Convertible Debenture
8. wi
Legal for Balt., Conn., Me., Mich., Minn.,
-H., N.J., N. Y., R. 1. and Wis.
Listed on the New York Stock Exchange.
Original Market—$50,000,000 offered in June,
1908, by Kuhn, Loeb & Co:, New York, Baring
Bros. & Co., Ltd., and Glyn, Mills, Currie & Co.,
London, at 9534 and interest.
* Market. i
New York—Harvey Fisk & Sons, Strong,
Sturgis & Co., Redmond & Co., Folsom & Adams,
N. W. Halsey & Co., Struthers & Hiscoe, Harris
Forbes & Co., L. M. Prince & Co., Ambrose R.
Clark, Bull & Eldredge, Coffin & Co., A. Mestre
Co., Low, Dixon & Co., Beyer & Co., Season-
good & Haas. RA
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Henry & West. j 1
Boston—-N. W. Harris & Co., Adams & Co.,
Tucker, Anthony & Co., Parkinson.& Burr.
Chicago—National City Bank, Harris . Trust
& Savings Bank, Union Trust Co., Merchants
Loan & Trust Co. ‘
Omaha—City Trust Co.
UNION PASSENGER RAILWAY (PHILA-
- _ DELPHIA) 2d 4s. Due Mar. 31, 1960.—F.
Date extended from Mar. 31, 1910. Interest
payable Apr. and Oct. 1, at Trustee’s office.
Authorized and Outstanding——$250,000.
Denomination-—-Coupon $100 and $500.
Trustee—Land Title & Trust Co., Phila.
Organization and Control—See 1st 4s above.
Secured by a mortgage on 56.5 miles of track
subject to the 1st mortgage bonds.
Prior Liens—$500,000 Ist 4s due 1961.
851
UNION PASSENGER RAILWAY (PHILA-
DELPHIA) Ist 4s. Due Mar. 31, 1961.—F.
Tax free in Pennsylvania. .
Extended from March 31, 1911. Interest
payable Apr. and Oct. 1.
Authorized and Outstanding—$500,000.
Denomination—Registered $100 and $500.
Trustee—The Pennsylvania Co. for Insur-
ances on Lives and Granting Annuities. '
Organization and Control—Incorporated_ Apr.
8, 1864. Leased to the Philadelphia Rapid
Transit Co. for 999 years at a rental of $286,000,
and all interest, taxes and other expenses.
Secured by a first mortgage on 56.5 miles of
street railway track located in Philadelphia.
Underlies—$250,000 2nd 4s.
5 Market.
New York—N. W. Halsey & Co.
Philadelphia—Henry & West.
UNION RAILWAY CO. OF NEW YORK Ist 5s.
Due Aug. 1, 1942.—F.
- Dated Aug. 1, 1892. Interest payable Feb.
and Aug. 1, at Trustee’s office. :
Authorized and Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co., New York.
Controlied by the Third Avenue Ry. Co..
through ownership of the entire $2,000,000
capital stock.
Organization and Control—Incorporated in
1892 in New York, as a consolidation of the
N. 3rd Ave. & Fleetwood Park Ry.; the Melrose
& West Morrisania Ry. and the Harlem Bridge,
Morrisania & Fordham Ry. Controls the Bronx
Traction Co., the Yonkers Ry., the Westchester
Elec. Ry. and the Southern Boulevard R. R.,
and leases power house. Controlled by the
Third Ave. Ry. through ownership of entire
($2,000,000) capital stock. The railway com-
pany was in Receivers’ hands from 1908 until
recently. During receivershi company de-
faulted on about $4,842,700 Notes but did not
default on this issue of bonds.
Secured by a first mortgage on 92 miles of
track located largely in the Borough of the
Bronx, extending northward from 129th St. and
8rd Ave. Including the Bronx Traction Co.
118 miles of track are operated.
Net Earnings, 6/30/14........... $534,079
Rentals...... Sw Maan Sh Bem eee 138,233
Interests nese ss cmicxieis.u motown 22 288,603
Market.
New York—-Paterson & Co., Bigelow & Co.,
L. F. Hepburn, L. A. Norton, Wm. A. C. Ewen,
Tobey & Kirk, J. K. Rice, Jr., & Co. . :
UNION RAILWAY, GAS & ELECTRIC CO.,
Coll. Tr. Convertible 5s. Due July 1,
1939.—F. ae
Tax exempt in Pennsylvania. :
Dated. July 1, 1909. Interest payable January
and July 1, at Hodenpyl, Hardy & Co., Inc., New
York, or E. W. Clark & Co., Philadelphia.
. Authorized—Unlimited. ‘ :
' Issued Series ‘‘A’””—$5,200,000.
Outstanding—$5,200,000.
Pledged under 5% Notes of 1916—$1,200,000.,
Denomination—Coupon, $1,000, $500. Regis-
terable as to principal. Sheva
Trustee—Commercial Trust Co., Phila.
Redeemable at par and interest, any interest
date on 60 days’ notice. .. .
Organization and,.Control—Incorporated_ in
New Jersey, 1909, as a holding company. « :Con-
trolled through a large majority stock owner-
ship by the Commonwealth Power, Ry. & Light
Co. The Union Ry. Gas & Elec. Co. owns a
large majority of the stocks of the Springfield
ill.) Ry. & Light Co., Peoria Light Co., Rockford
& Interurban Ry.-and the Evansville Light Co.
These companies are mostly mergers of a number
of smaller companies.’ _
Secured by pledge of entire $3,000,000 stock
of the: Springfield (Ill.) Ry. & Light Co.; the
$1,000,000 6% pfd. and the $2,500,000 common
stock of the Peoria Light Co. (this company
owns the Central Illinois Light Co., which is a
consolidation of several companies), and the
entire common stock and $1,500,000 of the pre-
ferred stock of the Rockford & Interurban Ry.
and precteally the entire stock of the Evans-
ville (Ind.) Light Co. Further secured by a first
lien on the bonds and’ stocks of other companies.
The Union Ry.,.Gas & Elec. Co. operates the
street railways‘in Springfield and Rockford, IIl.,
Janesville, Wis., and Evansville, Ind., and in-
terurban lines connecting Rockford, Freeport
and Belvedere, Sycamore and De Kalb, Il;
Beloit and Janesville, Wis., with Rockford, IIl.;
Evansville, Princeton and Patoka, Ind., ete.
This totals about 200 miles of track, including in-
terurban lines. Supplies gas, electric lighting,
power, etc., to Peoria, Springfield and Pekin, Ill.,
and Evansville, Ind., and ‘the electric lighting
business of De Kalb, Sycamore, Princeville, Cuba,
Washington, and various other small towns in
Illinois. Population served: over 320,000. Fran-
chises vary in.length, mostly of long duration.
Underlies—$1,500,000 5% Notes, due 1916,
which are however, partially secured by $1,200,-
000 bonds of this issue. :
Net Earnings, 6/30/13 $1,981,611
Interest, Ct6y ssa csi sac eamin gis 1,140,932.
Listed on the Louisville Stock Exchange.
Original Market—Offered in July, 1909, by
Hodenpyl, Walbridge & Co., (tow Hodenpyl,.
Hardy & Co., Inc.), New York at 95 and interest.
Market. oe
New_ York—Bigelow & Co., Dewing & Co.,
Howe, Norris & Co., Kirkpatrick & Lewis, Hoden-
Ryi, Hardy & Co., Inc., John D. Curtis & Co.,
iller & Co.
Philadelphia—Chandler & Co., Reed A. Mor-
gan & Co., E. W. Clark & Co., Robt. D. Ghriskey.
& Co., Geo. N. Fleming, Reed & Huntoon, S. K.
Phillips, Oscar R. Dare, Goodall, Wester & Co.
Louisville—Henning, Chambers & Co., J. J. B.
Hilliard & Sons.
Chicago—Hodenpyl, Hardy & Co., Ine.
UNION RAILWAY, GAS & ELECTRIC CO.
3-Year 5% Notes. Due Mar. 1, 1916.—F.
Dated March 1, 1918. Interest payable Mar.
and Sept.'1, at Hodenpyl, Hardy & Co., Inc., 14
Wall St., New York.
Authorized—$4,000,000
Outstanding—$1,500,000.
Denomination—Coupon, $5,000.
as to principal. q
Trustee—Bankers’ Trust Co., New York.
Redeemable as a whole only at par and interest
on 30 days’ notice.
Secured by $2,000,000 bonds of this company
or of underlying companies including $1,200,000
Coll. Tr. 5s of 1939 of the Union Ry. Gas
Elec. Co.; $400,000 of the $3,075,000 Springfield
Ry. & Lt. Co. Coll. 53 of 1933, $300,000 of the
$382,000 De Kalb-Sycamore & Interurban Trac.
Co. 5s of 1937; $100,000 Evansville Pub. Service
Co. 6s, due 1930. Market value of securities
securing Notes said to exceed $1,750,000.
Earnings—See Coll. Tr. 53: above.
Original Market—$1,500,000 offered in Mar.,
1918, at 9734 and interest by Hodenpyl, Hardy
& Co., Ine., New York.
Market.
New Sete Hardy & Co., Inc.
Chicago—Hodenpyl, Hardy & Co., Ine.
Philadelphia—Oscar R. Dare.
UNION STEEL CO. Ist & Coll. Tr. 5s.
Dec. 1, 1952.—F.
Dated December 1, 1902. Interest payable
hen and Dee. 1, at New York Trust Co., New
ork.
Authorized—$45,000,000.
Outstanding—$30,189,000.
Registerable
Due
852
Held alive in Sinking Fund—$13,716,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000,
$10,000, $20,000, $50,000, $100,000. C. & R.
interchangeable. .
Trustee—New York Trust Co., New York,
Redeemable at 110 and interest on any interest
date upon four weeks’ notice.
Sinking Fund—Annually, (since Oct. 1, 1903)
2% of all bonds outstanding to purchase bonds at
not to exceed 110 and interest. The bonds so
purchased are to be held alive in the sinking fund
and the interest thereon is to be likewise used to
acquire additional bonds. . poe
Guaranteed principal and interest by the
United States Steel Corporation.
Organization and Control—Incorporated in
1902 as a consolidation of the Union Steel Co.,
the Sharon Steel Co., and the Sharon Sheet Steel
Co. Owns the stocks of the Donora Mining Co.,
the Sharon Ore Co., the Sharon Coke Co. etc.
The United States Steel Corporation owns the
entire $20,000,000 stock of the Union Steel Co.
Secured by a mortgage on the Donora and
Sharon plants, also on about 7,250 acres of coal
lands, also the Sharon and Penobscot mines (in
fee) and the Donora and Sweeney mines on the
Mesaba Ranges, Minnesota, estimated to contain
40,000,000 tons of ore, and two large steel ore
steamers.
The company owns ‘extensive plants located at
Sharon and Donora Pa., also 5 blast furnaces
with daily capacity of 2,500 tons; 25 open-hearth
furnaces (daily capacity, 2,400 tons), together
with a large number of tin plate, wire and nail,
sheet, rod and other mills and plants, and coal,
coke and other properties mentioned above.
Prior Liens—$328,000 Sharon Coke Co. 1st
5s due 1931. oe 7
Original Market—$5,000,000 offered in 1903,
by the Union Trust Co. and Mellon National
Bank, Pittsburgh, Pa., and Charles D. Barney
a egeee York and Philadelphia, at 101 and
interest. } “
Market.
New York—Chas. D. Barney & Co., Evans,
Stillman & Co., H. Duncan Bulkley, Bigelow &
Co., Coffin & Co., Effingham Lawrence & Co.,
Wm. Kirkpatrick, Moore, Leonard & Lewis,
Wm. A. C. Ewen, Kirkpatrick & Lewis, C. H.
Hensel, H. P. Taylor & Co., J. H. Howell & Co.
Philadelphia—C. D. Barney & Co.,.E. B.
Smith & Co., S. K. Phillips, Elkins, Morris &
Co., Henry & West, C. J. Bender & Co.
Pittsburgh—Mellon National Bank, Union
Trust Co., Donner, Childs & Wood, H. P. Taylor
& Co., Speer Bros. & Co., Moore, Leonard &
Lewis, Safe Deposit & Trust. Co.
Buffalo—H. P. Taylor & Co.
UNION STOCK YARD & TRANSIT CO.
SEEIERGS) Deb. 444s. Due Jan. 1, 1920.
Dated January 1, 1910. Interest payable
Jan. and July 1, at Trustee’s office.
Authorized and Outstanding—$500,000.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable at 105 and interest on any interest
date, upon 90 days’ notice. :
Organization—Incorporated in Illinois. Con-<
trolled by the Chicago Junction Ry. and Union
Stock Yards Co. (98% stock ownership). The
latter company in turn is controlled by the
Chicago Stock Yard 'Co.
Security—These debentures are a direct ‘obli-
gation of the company, although not secured by
any mortgage. No mortgage may be placed on
the property while these debentures are outstand-
ing. About 470 acres of lands in Chicago are
owned by this company, including one mile of
river frontage, also railway tracks and various
buildings.
Underlies—$13,085,000 of the $13,200,000
stock of this company is deposited as part secu-
rity for $10,000,000 5s and $4,000,000 4s of
i. Je. & Union Stock Yards Co.
Original Market—Offered in 1910, by the First
Trust & Savings Bank, Chicago.
UNION STOCK YARDS CO. OF OMAHA Ist
5s. Due May 1, 1931.—F.
Dated May 1, 1911. Interest payable May
and Nov. 1, at Continental & Commercial Trust
& Savings Bank, Chicago.
Authorized—$5,000,000.
Outstanding—$700,000.
Trustees—Continental & Commercial Trust &
Savings Bank and Frank H. Jones, Chicago.
Organization—Incorporated 1887 in Nebraska.
Secured by a first mortgage on the property
of the company consisting of 220 acres of land at
South Omaha, Neb., together with buildings,
sidings, ete. .
Net Earnings, after interest,
BV/BL/M asses 3 seas Spey Hehe as $552,952
Omaha—Burns, Brinker & Co.
Chicago—First Trust & Savings Bank, F. M.
Zeiler & Co., Stanwood, Taylor & Co.
UNION STREET RAILWAY (NEW BEDFORD,
MASS.) Ist 444s. Due Jan. 1, 1934.—N.
Dated Jan. 1, 1914. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000.
Redeemable at 110 beginning 1919,
Trustee—Old Colony Trust Co.
Organization and Control—Incorporated in
Massachusetts, 1887. Absorbed the Dartmouth
& Westport St. Ry. in 1910.
Secured by a first mortgage on 51 miles of
electric railway in New Bedford, Mass., and
vicinity, and between New Bedford and Fall
River, Mass.
Net Earnings, 6/30/13.......... $406,061
Charges and Taxes............. 121,196
Market.
New Bedford—Sanford & Kelly.
UNION TERMINAL CO., DALLAS, TEXAS, Ist
S.F.5s. Due April 1, 1942.
Dated April 1, 1912. Interest payable April
and Oct. 1, at New York and Chicago.
Authorized—$5,000,000.
Issued—$2,193,000.
Denomination—Coupon, $1,000.
Trustee—Continental and Commercial Trust
& Savings Co., Chicago. :
Redeemable at 105 and interest on any interest
date after April 1, 1922.
Guaranteed by assignment to the trustee of
agreement whereby each of the eight companies
using the terminal agree to pay their propor-
tionate share of the principal and interest. If
any of the companies default the others will
assume their proportionate part of the defaulted
payments. e companies party to the guaran-
tee are the Gulf, Colo. & Santa Fe. (Atchison,
Top. & S: F.); Houston & Tex. Cent. R. R. (Sou-
thern Pacific); Trinity & Brazos Valley Ry.
(Colo & So. and Chi., R. I. & Pac.) Texas &
Pacific Ry.; Miss., Kansas & Texas Ry. (of Texas) |
St. Louis, San Fran. & Tex. (Frisco System) C. R.
I. & Gulf Ry. (Rock Island System) St. Louis
Southwestern Ry. (of Texas).
Secured by a first mortgage on property of the
company which will provide practically the sole
passenger terminal facilities in Dallas for all the
tailroads entering the city. These railways have
a total mileage of 54,000 miles. Estimated popu-
lation of Dallas, 1914, 125,000.
Original Market—Offered April 1914 by Wm.
Salomon & Co., New York and Chicago.
Market.
St. Louis—G, H. Walker & Co.
UNION TRACTION CO. OF INDIANA Ist Gen.
5s. Due July 1, 1919.—N.
Dated July 1, 1899. Interest payable Jan.
and July 1, at Trustee's office.
Authorized—$5,000,000.
Outstanding—$4,573,000. :
Denomination—Coupon, $1,000. Registerable
as to principal and fully registered. C. & R.
interchangeable. °
Trustee—Equitable Trust Co., New York.
Organization and Control—This company was
originally incorporated in 1903 in Indiana, as a
consolidation of the Indianapolis Northern Trac-
tion (incorporated 1902) and the Union Traction
Co. of Indiana (incorporated in 1899). Merged
with the Indiana Union Traction Co. in 1912.
Name Union Traction Co. was assumed by the
new company.
Secured by a mortgage on 115 miles of road.
Company owns and leases about 423 miles of
road, These consist of street railway lines in
Anderson, Elwood, Marion and Muncie, also
interurban lines from Indianapolis via Noblesville
and Kokomo to Logansport with a branch to
Peru; Indianapolis via Anderson to Muncie;
with a branch Anderson to Middletown; Indian-
apolis to Newcastle; Muncie via Hartford to
Bluffton; Muncie to Newcastle; Muncie to Union
City, ete. Franchise mostly extends for 50 years.
Handles freight as well as passengers.
Prior Liens—$333,000 Marion City Ry. 1st 6s
due 1916 and $92,000 Citizens St. Ry. (Muncie)
6s due 1927.
Net Income, 12/31/14........... $952,579
Interest, ete......0... 0. cee eee 884,784
Listed on Philadelphia and Indianapolis Stock
Exchanges.
Market.
Philadelphia—Samuel K. Phillips, Mellor,
& Petry, O. B. Lansinger & Co., Ervin & Co.,
W. H. Newbold’s Son & Co., Geo. S. Fox &
Sons, Reed A. Morgan & Co., Henry & West,
Oscar R. Dare, Reed & Huntoon, Graham & Co.
New York—L. F. Hepburn, F. H. Hatch & Co.,
Dewing & Co. 4
Indianapolis—Breed, Elliott & Harrison, Otto
F. Haneisen & Co., J. F. Wild & Co.
UNION TRACTION COMPANY OF KANSAS
1st 58. Due Jan. 1, 1937.—F.
Dated Jan. 1, 1907. Interest payable Jan.
and July 1, at National City Bank, New York,
Commercial National Bank, Chicago and Trades-
men’s National Bank, Philadelphia and at
Trustee’s office.
Authorized—$1,000,000.
Outstanding —$988,000.
Retired by Sinking Fund—$17,000.
Denomination—Coupon, $1,000.
Trustee— Warren Trust Co., Warren, Pa.
Redeemable on any interest date at 105 and
interest. :
Sinking Fund—10% of net earnings annually.
Retires bonds by lot at 105 and interest.
Organization—Incorporated 1906 in Kansas.
Secured by a first mortgage on the property
of the company, which consists of 67 miles of road
including seven miles in Independence, Kan., ten
miles in Coffeyville, Kan, and a private right-of-
way interurban line 50 miles in length between
Coffeyville, Independence, Cherryville and
Parsons, Kan, Franchises expire 1957. Popu-
lation served, 40,000.
Underlies—$100,000 2nd 6s due 1921.
Net Earnings, 6/30/13............ $91,844
INCOR OSG. sons sessrg ss, & asain eusie al Sie deuetdive' 7,333
New York—A. E. Fitkin & Co.
UNION TRACTION CO. (PHILADELPHIA)
‘Electric & Peoples’ Traction 4% Stock Trust
Certificates.—_F. :
Tax exempt in Pennsylvania.
853
‘Dated October 1, 1895.
April and Oct. 1
Authorized $50: 000,000.
Outstanding—$29, 784, 750.
These certificates were issued by the Penna. Co.
from Insurances on Lives and Granting Annuities,
Philadelphia, to acquire shares of the Electric
Traction Co. and Peoples’ Traction Co. (both of
Philadelphia). The Union Traction Co. guaran-
tees the issue.
Denomination—Registered, $1,000.
Trustee—Pennsylvania Co. for Insurances on
Lives & Granting Annuities, Philadelphia.
Redeemable on any interest date on and after
Oct. 1, 1945, at par and interest.
Guaranteed principal and interest by the
Union Traction Co.
Organization—The company was incorporated
in September, ‘1895 in Pennsylvania for the
purpose of taking over the stocks of the Philadel-
phia Traction Co., the Electric Traction Co. and
the Peoples’ Traction Co. Leased the property
of the Philadelphia Traction Co. for 999 years.
from Oct. 1, 1895, at an annual rental of 8% on
the capital ‘stock, and assumed that company’s
$145,000 collateral Trust 4% bonds. Leases the
Electric Traction Co. and Peoples’ Traction for
998 years and 3 months from July 1, 1906. Is
leased for 999 years from July, 1902 by the
Philadelphia Rapid Transit Co. at a rental of 6%
per annum. Leases in addition’ to or through
the companies named above a number of com-
panies among which are the Catherine & Bain-
bridge St. Ry.; Citizens Passenger Ry.; Con-
tinental Passenger Ry. (99 years from 1880):
Empire Passenger Ry.; Fairmount Park
Haddenton Passenger Ry. (999 years); Frank-
fort & Southwark, Phila. Cy. Passenger Ry.;
Germantown Passenger Ry.; Hestonville, Mantua
& Fairmount Pass. Ry.; Lehigh Ave. Ry. (999
years); * Peoples Passenger Ry. (998 years 3
months) Phila. & Gray’s Ferry Pass. Ry.; Phila.
Cheltingham & Jenkinstown Pass. Ry.; Phila.
City Pass. Ry.; 17th & 19th. Sts.. Pass. Ry. (99
Interest payable
years from 1879) 138th & 15th Sts. Pass. Ry.;-
Union Passenger Ry.; West Phila. Pass. Ry.; etc.
All of the leases except where enumerated are for .
999 years.
Secured by deposit ofthe entire $8, ee 000
stock of the Electric Traction Co. and the ‘36; -
000,000 stock of the Peoples’ Traction Co.
Interest ' is payable out of dividends of these
companies if earned. If not earned balance is
to be made up by the Union Traction Co. No
liens, debts or charges can be placed against the
property which will impair the collateral securing
this issue. Dividends on the deposited stock are
guaranteed under the leases to the Union Trac-
tion Co. Population served over 1, 500, 000.
Net Earnings, P. R. T. Co.,
Interest) 9 wadisies i usrads.c 4 wae
Listed. a the Philadelphia Stock Exchange.
Market.
Philadelphia—Henry & West.
New York—J. H. Becker & Co.
UNION TRACTION CO. (PHILADELPHIA)
50-Year Sinking Fund Collateral Trust 4s.
Due July 1, 1952.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office, Philadelphia.
Authorized—$1, ee ooo
Outstanding—$1,34
Retired by Sinking Facd.—$153,0
Denomination—Coupon, $1,000. ‘Registerable
as to principal.
Trustee—The Land Title & Trust Co., Phila-
delphia.
Redeemable for sinking fund daky at 105 and
interest on any interest date on two weeks’ notice.
Sinking Fund—Mortgage provides for annual
sinking fund, of $10,000 for the redemption of
bonds outstanding at not more than 105 and
interest.
Secured by pledge of 35,000 shares (par $50)
of the common stock of the Hestonville, Mantua
& Fairmount Passenger Ry. which company is
leased for 999 years, and which’owns 18 miles of
track and leases five miles of track.
Original Market—$500,000 offered in 1904 at
102 1% and interest by Drexel & Co., Philadelphia.
Market.
Philadelphia—Geo. N. Fleming, S. K. Phillips,
Chas. Fearon & Co., Henry & West, Oscar R.
Dare.
UNION TRACTION CO. (SANTA CRUZ) Ist
5s. Due Feb. 1, 1935.—N.
Dated Feb. 1, 1905. Interest payable Feb.
and Aug. 1, at Union Trust Co., San Francisco.
Authorized—$750,000.
Outstanding—$631,000.
Retired by Sinking Fund—$19,000.
Denomination—Coupon and registered, $1,000.
Trustee—Union Trust Co., San Francisco, Cal.
Redeemable at 110 and interest.
Sinking Fund—%% of bonds outstanding
annually from 1910 to 1915; 1% from 1915 to
1920 and 2% thereafter.
Control—Entire copie sige owned by the
Coast Counties Gas & Elec. Co..
Secured by a first mortgage on the property
of the company which operates 18 miles of trac-
tion lines, including the street railway system
of Santa Cruz, Cal., and a.line from that place
to Capitola, Cal. Franchise extends to 1957.
Population served about 17,000.
Net Earnings (C. C. G. & E.),
V2 SU / VAG pe a aie areca jenn oe $162,634
‘interest pete cs. ssvcs igen evokes aoc na 08 81,980
f arket.
New Haven—F. 8. Butterworth & Co.
UNION {TENSE OREATION CO. 1st 5s. Due
fee payable Feb. and Aug. 1.
Authorized—$3,000,000...
Outstanding—$2, 036, 000 (balance retired).
Denomination—Coupon, $1,0
Guaranteed principal and street by Union
Oil Co., of California.
“Controlled: by the Union Oil Co. of California
through ownership of practically the entire.
$3,000,000 stock. The Union Oil Co. is con-
trolled’ by the Union Petroleum Co. -
Market.
San Francisco—Wm. R. Staats & Co.
Los Angeles—Torrance, Marshall & Co. gt
W. R. Staats & Co.
New Mock Hobinson & Co. es Gude, Winmill
& Co., J. H. Becker & Co.
UNION TYPEWRITER CO. 3 3-Year 5% Notes.
Due Jan. 15, 1916.—F.
Dated January 15, 1918. Interest payable
Jan. and July 15, at New York.
Authorized—$5,000,000.
Outstanding—$3,7 75, 000.
Denomination—Coupon, $1,000, $5,000, $10,-
000 and $25,000
Redeemable at 101 and interest on any interest
date on 30 days’ notice.
Organization—Incorporated in New Jersey in
893. Re-incorporated in New York, 1909, and
name changed in 1913 to the Remington Type- -
writer Co.
Security—The Notes are a direct obligation
of the Remington Typewriter Co., which com-
pany assumed the obligation of the Union Type-
writer Co., but are not secured by a mortgage.
The company covenants not to mortgage or
otherwise encumber its property, while these
notes are outstanding.
The Remington Typewriter Co. owns the
plants and other.assets of the Remington Type-
854
writer Co., The Yost Writing Machine Co.,
Smith Premier Typewriter Co., Densmore
Typewriting Co., American Writing Machine
Co., Monarch Typewriting Co., the Seamans &
Benedict and the Wycoff Companies. The pro-
ceeds of this issue were largely used to retire
a maturing note issue.
Net Earnings, 12/31/13........ $1,751;987 -
Interest (net) and Depreciation... . 537,893
Original Market—$4,000,000_ offered Jan.
1913, at 9744 and interest by Goldman, Sachs
& Co., and Lehman Bros., New York.
Market.
New York—Bull & Eldredge, Mann, Bill &
Ware, Crawford, Patton & Cannon, Salomon
Bros. & Hutzler, N. H. Whitney & Sons, John
J. Levenson.
UNION UTILITIES CO. (MORGANTOWN,
W. VA.) Ist S. F. 5s. Due July 1, 1944.—F.
Tax exempt in Pennsylvania.
Dated July 20, 1909. Interest payable Jan. 1
and July 1, at Trustee’s office. 2
Authorized—$1,500,000. 2
Outstanding—$1,193,000. :
Held in Sinking Fund—$137,000.
Denomination—Coupon, $1,000.
as to principal. :
we Loan & Trust Co., New
ork.
Redeemable at 105 and interest on 30 days’
notice.
Sinking Fund—Semi-annually 1% of bonds
outstanding and an amount equal to all dividends
paid on the common stock of the company in
excess of 10% for the purchase of bonds. :
Assumed by the West Va. Traction & Light Co.
Organization and Control—Incorporated in
1909, to acquire the Union Utility Co. Acquired
by and merged into the West Virginia Traction
Elec. Co. in 1912. The latter company is
controlled by the Eastern Power & Light Cor-
poration.
Secured by a first mortgage on the property
of the company, which owns and operates 814
miles of track in the city of Morgantown, W.
Va., and between Morgantown and Sabraton;
also the electric light and power, the water and
natural gas systems of Morgantown and vicinity.
Population served, 15,000. Franchises for gas
and water expire 1927, electricity and traction
lines expire 1953.
Underlies—$1,565,000 West Va. Tr., Elec. Co.
1st Ref. & Ext. 6s due 1942, which are deposited
as collateral for $1,250,000 Convertible 5% Notes.
Net Earnings (W. V. T. & E.), :
Registerable
TOS BUNA cose sca eare gate Kaieite ane a ee $364,637
Interest ):scn occu s ag otGhele aie ye » 244,390
This issue...... - di to. 6 ee 181,790
Original Market—$1,000,000 offered in Oct.,
1909, at 9714 and interest, by National City Bank
and Wm. M. Imbrie & Co., New York, Elkins,
Morris & Co., Philadelphia, and J. S. Wilson, Jr.,
& Co., Baltimore.
- Market. % .
Philadelphia—Welsh Bros., Mellor & Petry,
-Lawrence Barnum & Co., Elkins, Morris & Co.
New York—Lawrence Barnum & Co.
UNION WAXED & PARCHMENT PAPER CO.
lst Mtge. 6s. Due June 1, 1920.—F.
Dated June 1, 1900. Interest payable June
and Dee. 1, at Trustee's office.
Authorized—$600,000.
Outstanding—$428,000.
Denomination—Coupon, $1,000.
Trustee—Equitable Trust Co., New York.
Sinking Fund—Retires bonds at not over
110 and interest. !
Organization—lIncorporated 1900 in New
Jersey. Acquired the plants of the Sparks Mfg.
Co., Hamburg, N. J., Eagle Mill, Franklin, Ohio;
Globe Paper Co., Elkhart, Ind.; American Perga-
ment Co. of New York State.
Secured by a first mortgage on the plants and
real estate. ; 5
Earnings—Dividends of 7% per, annum are
being paid on $800,000 preferred stock.
Market.
New York—Kirkpatrick & Lewis.
UNITED BREWERIES CO. (CHICAGO) Ist
6s. Due Aug. 1, 1928.—F. ze
Dated Aug. 10, 1898. Interest payable Feb.
and Aug. 1, at New York Trust Co., New York.
Outstanding—$1,221,000.
Retired by Sinking Fund—$2,119,000.
Denomination— Coupon, $1,000.
Trustees—Otto T. Barnard and M.N. Buckner.
Redeemable for sinking fund by lot at 105 and
interest.
Sinking Fund—$35,000 per annum from 1908
to purchase bonds at 105 and interest. When-
ever more than $50,000 accumulates in fund, and
bonds are not offered at 105, then they may be
drawn by lot. :
Organization—Incorporate 1898 in New
Jersey as a consolidation of 13 brewery companies
doing business in Chicago and Blue Island, Ill.
Secured by a first mortgage on the properties
of the consolidated companies, which do about
one-sixth of the brewing business of Chicago.
Net Earnings, 7/31/14........... $330,499
Chat gesia vansucn tne ad voaria ba 80,285
Listed on Chicago Stock Exchange.
UNITED COAL CO. (PITTSBURGH) S. F. 5s.
Due Feb. 1, 1955.
Tax exempt in Pennsylvania.
Dated Feb. 1, 1905. Interest payable Feb.
and Aug. 1, at Trustee’s office. Interest in
default. .
Authorized—$7,000,000.
Outstanding—$6,421,500 (including bonds de-
posited as collateral for Notes).
Retired by Sinking Fund—$565,500.
Trustee—Commonwealth Trust Co.,
burgh. : ? :
Sinking Fund—10 cents per ton of coal mined
in the gas coal district passing.over 134 inch
screen and seven cents a ton on run of mine in the
Somerset field.; also one cent per ton of run of
mine coal of the properties of the. Merchants’
Coal Co. It is estimated that this fund will re-
tire this issue before 50% of the coal is exhausted.
Organization and Control—Incorporated 1902
in Pennsylvania. Controlled by the American
Water Works & Electric Co.
Secured by a mortgage. on the company’s
roperty, subject to prior liens as mentioned be-
ow. Property consists of upwards of 35,000
acres of land, owned, leased or controlled esti-
mated to contain over 550,000,000 tons of coal.
On the property are 10 mines with a weekly ca-
acity of 121,200 tons, about 1,000 dwelling
ouses, railway tracks, power houses, waterworks,
ete., also owns 1,010 steel cars, a steam-boat and
about 150 boats and barges, interest in a coal
dock, etc.
Prior Liens—$477,000 Pittsburgh & Baltimore
Coal Co. bonds, $114,500, Naomi Coal Co.
bonds, $110,000 (approx.) Jenner-Quemahoning
Coal Co. bonds and indirectly $3,024,000 (approx)
Merchants Coal Co. bonds.
Underlies—$1,500,000 6% Notes.
Net Earnings, 12/31/12.......... $998,745
Interests... ssce0 sluacainne a oi groassielg we yaa 441,836
Depreciation; etc................ 468,735
Original Market—First offered by J. S. & W.S.
Kuhn, Ince., Pittsburgh, Pa.
arket.
New York—Wnm. J. Hoey, H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
UNITED COAL CO. OF PITTSBURGH Secured
6% Serial Notes. Due Serially January 1,
1915 to 1925, inclusive.
Pitts-
855
Dated Dee. 30, 1909. : Interest Jan. and July
1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$1,830,000.
Retired—$1,170,000.
Denomination—Coupon, $1,000.
Trustee—Safe Deposit & Trust Co., Pitts-
burgh. a
Secured by deposit of $1,250 Ist S. F. 5%
bonds of the United Coal Co. for each $1,000
Note outstanding. :
Market.
New York—Ernest Smith, H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co. :
Pittsburgh—H. P. Taylor & Co.
UNITED ELECTRIC COMPANY OF NEW
JERSEY list 4s. Due June 1, 1949.—N.
Tax exempt in the State of New Jersey.
Dated June 1, 1899. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$20,000,000.
Outstanding in Hands of Public—$17,934,500.
Deposited under P. S. C. of N.J. Gen. Mtge.—
$683,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—New Jersey Title Guarantee & Trust
Co., Jersey City, N. J.
Guaranteed as to interest by the Public Service
Corporation of N. J., which company also under
the terms of the lease agrees to pay off the prin-
cipal of the bonds at maturity or to extend same
under a similar agreement. °
_ Organization and Control—The company was
incorporated 1899 in New Jersey as a consolida-
tion of some 20 electric lighting and power com-
panies in Newark, the Oranges, Jersey City,
Bayonne, Hoboken, Elizabeth and Montclair.
The company was leased in 1907 for 999 years to
the Public Service Corporation of New Jersey,
which company in July, 1910, assigned the lease
to a subsidiary known as the Public Service
Electric Co. The United Electric Co. of New
Jersey is controlled by the Public Service Corp-
oration of New Jersey through ownership of
$19,594,500 of its $20,000,000 stock, which stock
is deposited as collateral for the Public Service
Corporation of N. J’s. perpetual 6% trust cer-
tificates.
Secured by a first mortgage on the properties
of the company, subject only to $423,000 (inclu-
ding $115,000 held by the Trustee) 5% bonds
due 1938 of the Consumers Light, Heat & Power
Co. and_ $367,000 1st 5s of 1938 of the North
Hudson Light & Power Co., which will be retired
at maturity through this issue. The company
agrees not to create any additional mortgage on
the property during the life of these bonds.
Franchises mostly perpetual. Population served,
over 1,000,000.
Prior Liens—$690,000 bonds (see above).
Net Earnings, 12/31/12....... $2,713,644
Interests cigs a 53 res od colar 778,450
Net Earnings (P.S. C. of N. J.),
D2/ BU JN eis sess sceiavaines ranises + $17,563,943
Interest and Rentals (subsidi-
PNIOS) 5 cae sy anes -g.al gaaahiataaalte: sreustiser 12,097,109
Interest (P. S.C. of N.J.).... 8,841,496
Original Market—Offered Jan., 1910, at a
price to yield about 5 44%, by Clark, Dodge & Co.,
New York; $1,000,000 offered April, 1912, at
84 and interest by Plympton, Gardiner & Co.,
New York.
Market.
New York—Clark, Dodge & Co., B. H.& F. W.
Pelzer, Plympton, Gardiner & Co., Percy H.
Bradshaw, Williamson & Squire, W. E. R.‘Smith
& Co., Starbuck, Van Sant & Legg, Didrichsen
& Co., H. N. Whitney & Sons, Jones & Lanman.
Philadelphia—Borden & Knoblauch, Samuel
K. Phillips, Geo. S. Fox & Sons, Henry & West,
Bioren & Co., Chandler & Co., C. D. Barney &
Co., Reed & Huntoon.
Baltimore—Strother, Brogden & Co.
Newark N. J.—J. S. Rippel, Fidelity Trust
Co., Clarence Hodson & Co.
Jersey City—Outwater & Wells, E. R. Case.
Paterson—F. A. Peters.
Providence—W. W.. White & Co.
UNITED ELECTRIC LIGHT & POWER CO.
(BALTIMORE) Ist Cons. 444s. Due May
1, 1929.—F.
Dated May 8; 1899. Interest payable May
and Nov. 1, at Alex. Brown & Sons, Baltimore.
Authorized—$4,500,000.
Outstanding—$4,428,000. (Closed_mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal. ‘ soe
Trustee—Maryland Trust Co., Baltimore, Md.
Organization and Control—The company was
organized in 1899, as a consolidation of the Edi-
son ‘Electric: Illuminating Co. of Baltimore
and the Brush Electric Co. of Baltimore. In
1905, was merged into the Consolidated Gas,
Electric Light & Power Co., together with the
Wenstrom Electric Co. In 1906, the Consoli-
dated Gas Electric Light & Power Co. was con-
solidated with the Consolidated Gas Co. of
Baltimore as the Consolidated Gas, Electric
Light & Power Co. of Baltimore. .
Secured by a direct first mortgage on the entire
roperty, franchise, etc. formerly owned by the
United Elec. Lt. & Power Co., also on the
$400,000 stock of the Northern Electric Co. -
Underlies—$4,000,000 5% Perpetual Deben-
ture Stock, of the Consolidated Gas, Elec. Lt. &
Power Co. of Balt., sufficient of which issue has
been reserved to retire the bonds at maturity.
Net Earnings, 6/30/14......... $3,067,075
Interest... .'. . ee ... 1,567,690
Dividends, et . 1,476,562
RIS TSSUC ois sisncedl oGiee: op Seeenedt ae hs 1,868,324
Listed on the Baltimore Stock Exchange.
Original Market—$3,232,000 offered in 1899,
by Alex. Brown & Sons, Baltimore, at par and
interest, and in 1904, by N. W. Harris & Co.
New York, at 95 and interest. ee
Market.
Baltimore—J. H. Fisher & Son, Sutton & Co.,
Strother, Brogden & Co., Howard R. Taylor -&
Co., Jenkins, Whedbee & Poe, Mackubin,
Goodrich & Co., Townsend Scott & Son, Hamble-
ton & Co. BS
New York—Harris, Forbes & Co. .
Chicago—Harris Trust & Savings Bank.
Boston—N. W. Harris & Co., Inc., L. Sherman
- Adams. ;
Providence—Hornblower & Weeks.
UNITED ELECTRIC SECURITIES CO. Coll.
Tr. 5s. Due Serially Feb. 1, 1935 to Feb.
1, 1942, inclusive.—N. :
Interest payable Feb. and Aug. 1, at American
Trust Co., Boston.
Denomination—Coupon, $1,000.
Trustee—American Trust Co., Boston.
“ Redeemable at 103 and interest on any interest
ate. ; i :
Organization—The U. E. S. Co. was incor-
porated in Maine, 1890, to purchase mortgage
after expert examination or otherwise deal in
mortgage bonds of electric light, railway and
power companies and to issue against them its
own collateral trust bonds. 4
Security—Each series-is secured by underlying
bonds with an aggregate par value of not less
than 125% of the aggregate par amount of the
collateral trust bonds issued in that series. In
accordance with the trust deed no substitution
‘of collateral or exchange of securities may be
made unless a foreclosure or reorganization takes
place when the securities of the reorganized
company may be accepted -in lieu of those pre-
viously held. The company is privileged to sell
various deposited securities but must use the
proceeds from the same to‘pay off a proportionate
856
amount of its own collateral trust bonds. Com-
any _pays 7% on $1,000,000 preferred stock and
on $500,000 common stock: The series of
bonds. outstanding as of Dec.'31, 1912, and the
an pute of collateral securing ‘the’ Same was as
‘ollows
‘ Maturity
Series 20 Feb. 1, 19
fe Oe 8 Aug. 1, 1935
2B sea Feb. 1, 1936
“24. Aug. 1, 1986
«25. Feb. 1, 1937
“26. Aug. 1, 1937
© 2% Feb. 1, 193
“28. Feb. 1, 1939
« 29. Feb. 1, 1939
« 30. Aug. 1, 1939
«Bt, Feb. 1, 1940
«82, Aug. 1, 1940
“38. Feb. 1, 1941
“34. Aug. 1, 1941
sc 35. Feb. 1, 1942
“36. Feb. 1, 1942
“87. Feb. 1, 1942
«38. Feb. 1, 1943
Collateral
Original IGiitstenaine Pledged
Issue Dec. 31, 1912 Dec. 31, 1912
(par value)
Series 20 $500,000 $90,000 $185,000
22 500,000 212,000 354,000
«23 500, 000 460,000 620,000
“24 500,000 304,000 425,000
“25 500,000 141,000 228,000
“26 500,000 271,000 365,000
“27 500,000 162,000 268,000
«28 500,000 197,000 286,000
“29 500,000 409,000 536,000
“380 500,000 285,000 400,000
“31 500,000 ' 281,000 348,000
“32 500,000 450,000 582,000
33 500,000 436,000 555,000
“84 500,000 353,000 466,000
85 500,000 361,000 482,000
“86 500,000 380,000 501,000
«87 500,000 500,000 ' 625,000
“38 500, 000 500,000 625,000
‘Net Earnings, 12/31/14 sp deege heer eiuaes $587,045
PUNGCPESE . izis suse sisaceus eet eaveble Css ecocie 292,866
‘ Listed— (Series 20 to 33 inclusive) on the
Boston Stock Exchange.
Original Market—$500,000 Series 37 “offered i in.
Jan., ae ee at 9914 and interest by Perry, Coffin
urr, Boston, and Parkinison & Burr, Boston
and New York. : :
Market.
New York—Parkinson & Burr.
x anne Beta Coffin & Burr, L. Sherman
ams.
UNITED FRUIT CO. Serial Deb. 5s. Due
ee any annually, June ist, from 1915 to
Dated June 1, 1907. Interest payable June
and Dee. 1, at company 8 office, Boston:
Authorized—$1, 600,
Outstanding— $640, 000.
Retired—$960,0 f
Denominntinn’ -Cospat, $500 and $1, 000.
Registerable as to principal and fully registerable.
dare Redeemable at 103 and interest on any interest
ate.
Organization and Earnings—See Deb. 4 4s of
1925 below.
Security—Not a mortgage but a direct obliga-
tion of the company. No mortgage may be
Placed on the property of the company without
securing bonds of this issue thereunder. Issued
to, veda controlling stock of the Nipe Bay Co.
‘uba).
Original Market—$1,600,000 offered in June,
1907, by Jackson &. Curtis, Curtis & Sanger,
‘
New York and Boston, and George A. Fernald :
& Co., Boston, on a 634% basis. |
: Market. :
New ee & Sanger, Jackson & Curtis,
Slattery & Co., J. H. Becker & Co., Seasongood
&: Haas, C. H. Hensel, Blake Bros. ‘& Co.,. Salo-
mon Bros. &’ Hutzler, Robinson & Co., Bull &
Eldredge, Hornblower & Weeks.
Boston—Lee, Higginson & Co.,. Jackson &
Curtis, Curtis & Sanger.
UNITED FRUIT ‘CO. § 3. F. Deb. 4)4s.
July 1, 1923,—F.
Dated January 1, .1909.. Interest payable Jan.
and. July, 1, at Trustee’s office, Boston, or Coutts
& Co., London, at “ 86 per £ Sterling.
Authorized—$4,25 000. | ‘
Sounding ence, 000.
Retired by Sinking 1000 aoe! 000.
Denomination—Coupon,, .$1,000 and “goo.
Registerable as to principal. Registered, $1,000,
$5,000 and. multiples. . & R. interehangeable.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 101 nad interest for sinking
fund only.
Sinking Fund—10%. of. debentures issued
to be redeemed annually, commencing July 1,
1914, by purchase or redemption, at not over 101
and interest. This fund will retire the entire
issue by maturity.
Security—A direct obligation of the company,
but not a mortgage. The company covenants
that it will not place any mortgage on its prop-
erty, without equally securing this issue. ne
Organization and Earnings—See Deb. 5s,
1918, above. 2 ny
‘Listed on the Boston Stock Exchange.’
Original: Market—Offered in, December, 1908,
by Lee, Higginson & Co., New York, Boston, ete.,
at 954 and interest.
Market.
Boston—Lee, Higginson & Co., Hornblower
& Weeks, Edgerly & Crocker, Parkinson &. sa
L. Sherman Adams, Curtis & Sanger. :
Philadelphia—Henry & West. :
New York—Curtis & Sanger, Lee, Higgingon
& Co., Estabrook & Co., Pendergast, Hale &.C
Slattery & Co., J. H. Becker & Co., C..H H. Hensel,
Blake Bros. & Co.
UNITED FRUIT CO. S. F. Deb. 4}4s.
July 1, 1925.—F. sen
Dated July 1, 1911. Interest payable Jan.
and: July-1,:at. Trustee’s office, Boston, or at
Coutts & Co., London, at $4. 86 per £ Sterling.
‘ Authorized—$2,500,000.
Outstanding—$2, 500,000...
Denomination-—Coupon, ; $1,000 and $500.
Registerable as to’ dg a Registered, $1,000,
$5,000: and multip es.of $5,000. C. & R. anlar
changeable. -:
Trustee—Old Colony Trust Co., Boston.
Redeemable at 101 and interest for sinking
fund only. Aon
Sinking Fund—10%. of debentures issued
to be redeemed annually, commencing: July 1,
1916, at not over 101 and interest. This will
retire the whole issue by maturity.
Organization—Incorporated. in New Jersey in
1899 and is engaged in the production, trans-
portation and ‘distribution of tropical fruit, Ac-
quired the properties of a number of fruit. com-
panies and steamship lines for which it paid in
eash $11,219,500. Company owns lands in
Colombia, Costa Rica, Cuba, Guatemala, Hon-
duras, Jamaica, Nicaragua and Panama, aggre-
gating 971,206 acres of which 257,313 are im-
proved ‘and 713,893: unimproved.) ‘Also leases
14,424 acres of improved land: and 16,164 acres
of unimproved land. Company also owns 669
miles of railways and 532 miles of tramways, with
equipment, etc. Company has no mortgage debt
outstanding. : a8 3
Security—A direct obligation of the company,
Due
Due
857
but not a mortgage. The company covenants
that it will not place any mortgage on the prop-
erty without equally securing these bonds.
Net Earnings, 9/30/14......... $3,742,247*
TM GOTOS E ies susie aru Sieudinad hd 265 1,477,837
*Compares with $6,197,876 in 1912-13 and
an annual average for five years of $5,372,000.
Listed on the Boston Stock Exchange.
Original Market—$2,500,000 offered in July,
1911, at 9634 and interest by Lee, Higginson &
Co., New York, Boston, etc.
: Market. a
New York—Curtis & Sanger, Lee, Higginson
& 'Co., Clark, Dodge & Co., Estabrook & Co.,
alee Co., J, H. Becker & Co., Blake Bros.
Boston—Lee, Higginson & Co., Curtis &
Sanger, Hayden, Stone & Co., Edgerly & Crocker,
L. Sherman Adams. | :
Philadelphia—Graham & Co.
UNITED FRUIT CO. 6% Notes. Due May 1,
1917.—-F. a sn
‘Dated “May 1, 1913. Interest payable May
and Nov. 1, at Old Colony Trust Co., Boston
and Coutts & Co., Loridon, at-the rate of $4.863¢
per £ Sterling. ce cl
Authorized and Outstanding—$12,000,000.
ao ee $1,000, $500. and
Trustee—Old' Colony Trust Co., Boston.
Redeemable as'a whole on any interest date at.
101 and ‘interest. - yee ee
peonteeton ‘and. Earnings—See Deb. 5s of
Security—A direct obligation of the company
but not secured by mortgage. ‘The company has
agreed that no mortgage can be placed‘ ahead of
these notes. ne
Original Market—Offered in May, 1913 by
Lee, Higginson & Co. at 98)¢ and interest.
- Market. oe
New York—Lee, Higginson & Co., Marin,
Bill & Ware, ‘Bull ‘& Eldredge, Edgerly &
Crocker, Slattery & Co., J. H. Becker & Co.,
Tobey & Kirk, Seasongood & Haas, Blake Bros.
& Co., Morgan & Bartlett, Whittemore, Pell &
Co., Salomon Bros. & Hutzler, Hornblower &
Weeks. . :
Boston—Lee, Higginson & Co., L. Sherman
Adams, Parkinson & Burr. ah
Philadelphia—Graham & Co. ° :
UNITED FRUIT CO. 5% Notes. Due May 1,
Dated May 1, 1914. Interest payable May 1
and Nov. 1, in Boston or London. — '
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $100,$500 and $1,000.
Trustee—Old Colony Trust Co., Boston.
_ Redeemable on any interest date up to and
including Nov. 1, 1916, at 101 and interest, and
thereafter at 10014 and interest.
Security—A direct obligation of the company
but not secured by a mortgage. The company
eovenants that it will place no mortgage on any
of its properties, all of which are now unmort-
gaged, without equally securing these notes.
For details of property and earnings see Deb.
4s of 1925 above. ' '
Original Market—$10,000,000 offered in May,
1914, by Lee, Higginson & Co., Boston, at price
to yield 5.40%. :
Market.
Philadelphia—Graham & Co.
New York—Robinson & Co.
UNITED GAS & ELECTRIC CO. OF NEW
JERSEY 1st Coll. Tr. 5s. Due Jan. 1, 1922.
Dated January 1, 1902. Interest payable
Jan. and July 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding —$490,000.
858
Held in, Treasury —$163,500. .
Retired and Cancelled—$2,028,500
Denomination—Coupon, $1,000 and’ $500,
Registerable as to principal.
Trustee—The New York Trust Co., New York.:
Sinking Fund—After payment of all fixed
charges, 6% on Pid. Stock and 4% on Common
together with a sufficient reserve for working.
tapital, surplus earnings up to an amount equa
co 4% of outstanding bonds are to be used for
the purchase of bonds at not excééding 110 and
interest, all bonds so acquired to be cancelled.
Any balance after this may be applied srueley
dividends on common stock and the’ retirement
of further bonds. se tats
Control—_The company was organized in 1901
as a holding company, and controls through
stock ownership the companies mentioned below.
The company is controlled by the’ United Gas &
Elec. Corp. of Conn., through ownership of its
entire common stock. _ ee ne “he
' Organization—Incorporated in New Jersey
in 1901) for.the purpose of owning, operating and
controlling gas, electric railway, electric light and
power companies, ; Controls. through ownership
of their common stocks the following companies.
Altoona, Gas Light & Fuel -Co., Altoona, Pa.,
Citizens Gas & Fuel Co., Terre Haute, Ind.,
Colorado Springs Light Heat & Power Co.,
Colorado Springs, ,Col, Elmira Water, Light &
Railroad Co., Elmira, N. Y., Hartford City Gas
Light. .Co., Hartford, Conn., Leavenworth Light
Heat: & Power Co., Leavenworth, Kan., Lock-
port Light, Heat & Power Co., Lockport, N. Y.,
Richmond Light, Heat & Power Co., "Richmond,
Ind.,. Wilkes-Barre Company, Wilkes-Barre, Pa.
Total population served, 400,000. . o
Secured by first mortgage upon entire property
of company and by pledge of the stocks: owned
of controlled companies mentioned above.
‘Net Earnings, 12/31/14.......... $254,523
Interest..... Sresislestba eth cieetane ds we dee 26,160
Original Market—First offered in Feb., 1902,
at 10214 and interest by Bertron, Griscom &
Jenks (now Bertron, Griscom & Co.), New York,
Philadelphia, etc.; offered by thé same firm in
1910.
Market.
New York—Bertron,..Griscom & Co., B.H.
& F. W. Pelzer, Kirkpatrick & Lewis, Gude, Win-
mill & Co. , i
Philadelphia—Oscar R. Dare, Reed A. Morgan
& Co., Geo. P. Bissell.
UNITED GAS & ELECTRIC CORPORATION
6% Notes. Due April 1, 1918. d
Dated April 1, 1915. Interest payable April
1 and October 1. 8 ‘
Authorized and Outstanding—$5,500,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity - Trust- Co., Philadelphia.
Redeemable at 10014 and interest at any time.
‘Sinking Fund—The company agrees to ‘retire
savesnee notes semi-annually, beginning July 1,
Organization—Incorporated in Connecticut
in 1912 for the purpose of owning, operating and
controlling gas, electric railway, electric light.and
power companies. Owns the entire common
stock of United Gas & Elec. Co. of N.-J., Lan-
easter County Ry. & L. Co., Harrisburg. Light
& Power Co., Houston Gas & Fuel Co., Con-
sumers Elec. Lt. & Power Co. of New Orleans,
and 50% of the stock of the International Trac-:
tion Co., controlling the International Ry. Co.
of Buffalo. In 19183 company acquired: 95% of
the Common Stock of the American Cities Co.
which controls the New Orleans Ry. & Lt. Co,,:
Birmingham Ry. Lt. & Power Co., Knoxville Ry.
& Lt. Co., Little Rock Ry. & Elec.:Co., Memphis
Street Ry. Co. and Houston Lighting & Power Co.
Secured by a first lien on $7,650,000 of $10,000,
000 outstanding Collateral. Trust -6%:‘ bonds ‘of
the company.': These’ bonds are secured by ‘the
deposit of preferred and common stock .of the
various, companies mentioned under ‘Organ-
ization’’ above, of the par value of $32,200,000.
No more of these Collateral Trust bonds: may
be issued so long as any of these notes are out-
standing. Upon the retirement: of the notes,
the company may withdraw at 90 and interest
a proportionate part of the Collateral Trust
6% bonds, : 4 ra
Net Earnings, U. G. & E. Corp., #
12/31/14....0............2.. $960,000
Interest.on present funded debt.. 471,000
Original: Market—Offered in March, 1915, by
Drexel & Co., Philadelphia, at 98% and interest.
ee
UNITED GAS & ELECTRIC CORPORATION
Coll. Tr. 6s. Due April.1, 1945.—F.
Pennsylvania State Tax refunded. me
‘Dated April 1, 1915. Interest payable April
1 and Oct. 1, at Trustee’s office and Pennsyl-
vania Co.. for Insurances on Lives’ & Granting
Annuities. : : : 4
Authorized—$15,000,000.
Outstanding—$2,350,000.
Pledged as Collateral to Three-Year Notes—
$7,650,000. :
Denomination—Coupon, $100. and $1,000.
Registerable as to principal- only.
- Prustee—Guaranty Trust Co., New York.
Redeemable at! 102 14 and interest:
Sinking Fund begins July 1, 1918, found to be
invested in these bonds.
Organization and Earnings—See 6% notes
1918 below.
Secured by « first'lien on the collateral de-
seribed below. _
is at Amount owned
Class. and pledged
s Company
$1,000,000*
Consumers El. Lt. & Pr. Co.Com.
Richmond Lt., Ht. & Pr. Co. Pfd. 85,0
Harrisburg Lt. & Pr. Co..... Com. 1,750,000*
Houston Gas & Fuel Co. Com. 1,500,000*
International Trac. Co.. Com. 5,756,300+
Union Gas & Electric Co... .Com, 0,000*
Union Gas & Electric Co. is 250,000*
Lancaster C. Ry. & Lt. Co..Com. 1,447,500*
United Gas & Elec. Co.......Com. 3,594,850*
Elmira Water, Lt. & R. R. Co.2d pfd. 317,000t
American Cities Co......... Com. 15,526,000§
Houston Heights Water & Lt.
ISD ss seers ncso aces ee decir se Bsa ts anaes ap. 300,000*
. $32,276,6509
*Entire amounts outstanding. :
$$10,000,000 outstanding.
$$1,000,000 outstanding.
- $$16;264,700 outstanding.
§$37,942,050 outstanding.
Original Market—Offered in March, 1915, by
Reilly, Brock & Co., Philadelphia and Bertron,
Griscom &Co., Philadelphia, and New York at
9514 and interest. :
UNITED GAS & FUEL CO. OF HAMILTON,
Ltd. Ist 6s. Due Nov., 1918.—F.
Dated Nov. 1, 1913. Interest payable May
and Nov. 1, at Canadian Bank of Commerce,
Toronto and Montreal, Central Trust Co., New
York and Central Trust Co. of Ill., Chicago.
_ Authorized—$3,500,000. 2 :
Outstanding—$1,058,000.
Held in Treasury—$942,000. !
Denomination—Coupon, $100, $500, $1,000
and $5,000. ae
Trustee—Central Trust Co. of Il., Chicago
and D. O. Cameron.
Redeemable at 101 and interest on or after
Nov. 1, 1914.
Organization—Name changed in 1913 from
Ontario Pipe Line Co., Ltd. and purchased the
properties of the Hamilton Gas Light Co. which
was organized in 1850. ba ce inde St
Secured by first mortgage on artificial gas
manufarcuring plant located in the heart of the
q
City of Hamilton and 6214 miles of distributing
mains, and 129 miles of, mains for distributing
natural gas. Franchise perpetual. Population
of Hamilton, 100,808.
Net. Earnings,71/31/15,........+ $142,216
Interest on these bonds ..... essai 65,916 |
- Origirial Market—$1,000,000 offered Nov.,
1913, at 9934 and interest by.N. B, Stark & Co.,
Montreal;: Chapman, Milla & Co., Chicago;
Shapker, Anderson & Co., Chicago; Mississippi
Valley Tr. Co., Sf. Louis; Murray, Mather &
Co., Toronto. : :
Market.
New York—Beyer & Co. . 1
Chicago—Chapman, Mills &1Co,, Shapker,
Anderson & Co., E. T. Konsberg & Co., National
Bank of the Rep. Union Trust Go. - ge
St. Louis—Mississippi Valley Tr. Co.
Montreal-—-N. B. Stark & Co.
Toronto—Murray, Mather & Co.
Providence—Brown, Lisle .& Marshall.
_—— ee
UNITED GAS, ELECTRIC LIGHT & FUEL CO.
Cons. 5s. Due, 1930.—F. .
Interest payable May and Nov. 1, at New
York Trust Co., New York.
Authorized and: Outstanding—$150,000.
Organization and Control—Incorporated in
New York in 1899 asa consolidation of Sandy
Hill Elec. Lt. & Power Co. and Ft. Edward. Elec.
Lt. Co. Controlled through ownership of @
miayoety of its stock by the Utica Gas & Elec.
0. ( ‘
Secured by a first mortgage on plant supply-.
ing gas and electricity to Sandy Hill and Fort
Edward, N. Y., and vicinity. Population served,
15,000,- Franchises perpetual. : tat
Net Earnings, 12/31/14.,......... $20,897
‘Interest on bonds..........--.--- 13,756
Other interest ....... 1 yeti akacd asta 6,028
Market.
New York—F. H. Hatch & Co., Bigelow & Co.
Albany~—John J. Hart.
UNITED ILLUMINATING CO. (NEW HAVEN)
1st 4s. Due Feb. 1, 1940.—N.
Interest payable Feb. and Aug. 1, at Mer-
chants’ National Bank, New Haven.
Authorized—$2,000,000.
Outstanding—$1,625,000. ; ; ,
Denomination—Coupon, $500 and $1,000.
Bee Haven Trust Co.; New Haven,
onn. , is Ase a
Organization—Ineorporated in 1899 in Conn,
as a consolidation of several electric light com-
panies of New Haven, Bridgeport and inter-
vening towns. ;
Secured by a first mortgage on the_plants
supplying electricity to New Haven and Bridge-
port, Conn., and intermediate towns. Population
served, 200,000. Franchise perpetual. =
Net Earnings, 6/30/13.........-- $491,501
‘ ~< Market. .
New Haven—H. C. Warren & Co., The Chas.
W. Scranton Co., Clarence E. Thompson & Sons,
Kimberly, Root & Co., The W. T. Fields: Co.,
Hartford—Roy P. Crary, Richter & Co. |
New York—Kirkpatrick &. Lewis.
UNITED IRON & STEEL CO. Ist 5s. Due
Nov. 1, 1926.—F. ek
Dated Nov. 1, 1906. Interest payable May
and Nov. 1, at Colonial Trust Co., Pittsburgh,
‘a. ook
Authorized—$5,000,000.
Outstanding—$1,733,000. ©
Retired by Sinking Fund—$1,767,000..
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Colonial Trust Co., and Homer C.
Stewart, Pittsburgh, Pa.
Redeemable on any interest date at 105 and
interest. Ba
859.
Sinking Fund—$150,000 to be deposited with
the Trustees annually for redemption of bonds.
Organization—Incorporated in Penn. in 1906
and acquired the plant and properties of the
Cherry Valley Iron Co. and a controlling interest
in the Pittsburgh Iron Ore’ Co.
+ Secured by a first’ mortgage on two blast fare
naces and 200 coke ovens and a first lien on a con-
trolling interest in the stock of the Pittsburgh
Iron Ore Co. which owns the Brunt’ Iron Ore
Mine on the Mesaba Range in Minn. and leases
four other mines in the same region. © «=!
Market.
Philadelphia—S. K. Phillips.
Pittsburgh—Donner, Childs & Woods.
UNETED RAD" CO. Deb. 5s. Due July 1,
Dated July 1, 1908. Interest Payable Jan.
and July 1, at Trustee's office.
Authorized—$15, 000,000.
Outstanding—$9, 840.0
Retired by Sinking Fund—$640,000
Denomination—Coupon, $1,000.
as to principal.
Trustee—Guaranty Trust,Co., New York.
Peceemsbls at par and interest on 30 days’
notic
Sinking Fund—$200,000 annually from April
1, 1911 to 1915; $300,000 to 1921; $400,000
to 1926; $500, 000 to 1932; $600,000 to 1937 and
$700, 000 thereafter. For the purchase of these
bonds at not exceeding par and interest, bonds
so acquired to be cancelled.
' Guarantee—Some:of the bonds are guaranteed
by the National..Lead Co.
Organization and -Control—Incorporated in
New Jersey in 1903 and owns plants for the
manufacture of lead products at New York,
Phila., Baltimore, Cincinnati, Cleveland, Chicago,
St. Paul, Omaha, St. Louis, Boston, Perth Amboy
and Granite City.; Controlled by the, National
Toad Co. through ownership of entire capital
stock.
Security —-These bonds are a direct obligation
of the company but are not secured by a mort-
gage.
Surplus—United | Lead Co., 12/81/13, avail-
able on account of guarantee, $2; 458,38
Market. S: :
New York—J. K. Rice, Jr., & Co., F. H. Hatch
& Co., Tobey & Kirk, Bigelow | & Co., anes
Winmill & Co., Hornblower & Weeks, W. A. C.
Ewen & Co., Pomroy Bros., L. A. Norton, Did-
richsen & Co. ., Leonard Snider & Co., Gilbert
Elliott & Co., Hendrickson & Co.
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Henry & West. ,
Registerable
UNITED LIGHT & POWER CO. (NEW JER-
SEY) Coll. Tr. 3-Year 6% Guaranteed Notes.
. Due Dec. 1, 1914.—F.
Dated Dec. 1, 1911. Interest payable June
and Dec. 1, at Trustee’s office. June, 1913,
coupons , defaulted, but paid. in Aug. ard’ Dee.,
1913, coupon in. March, 1914, with interest on
deferred interest, June 1, 1914, and subsequent
interest, and also’ principal, in default.
Authorized —$3;' {000,01
Outstanding—$2, 150, 000.
Denomination—-Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 102 and interest on four
weeks’ notice. '
Guaranteed as to principal and interest by
the United Properties Co. of California, which
company is to be dissolved.
Organization—The United Light & Power
Co. was incorporated in New Jersey as a holding
company and owns a majority of the common and
preferred stock and first ee ortes ge bond issue of
the United Light & Power Co. of California,
which is an operating company and supplies
the business districts of San Francisco, Oakland
860
and surrounding towne with electricity. Popu-
lation served, 600,0
. Controlled by. the “United Properties Co. of
California through ‘ownership of entire capital
stock. The various properties of this company
are being’ segregated. as a result of financial
reorganization. The company is being re-
organized.
Secured by a first lien on $2,689, 000 1st. Gen. 6s,
$1,500,000 6%: Cumulative preferred. stock and
$3, 000,000 ete stock of the United. Light &
Power Co. of California. Also secured by lease
and contract with the San Francisco, Oakland &
San Jose Cons. Ry. Co., to: purchase electric
power to operate their road, the Oakland Traction
Co. and the East Shore’ & Suburban Ry. Co,
Under terms of the Indenture at least $1,250
bonds must be deposited for each $1,000 note
outstanding and all stock deposited must be
held. ‘until Notes are om or ‘redeemed.
_ Original Market—$2,150,000: eiored: Feb.,
1912, at 9934 and interest by St aaa
ford & Co., New York and San Franeiseo. ; We
Market.
New York—Lawrence
Rauscher & Childress.
Chicago—A. E. Butler & Co.
UNITED LIGHT & RAILWAYS CO. Ist & Ref.
5s. Due June 1, 1932,—
Dated June 1, 1912... Interest payable. June
and December 1, at Company’s agencies, New
York or Chicago. Ya, ?
Authorized—Unlimited.
Outstanding—$8,221,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Bonds may also be issued in
denominations of $500 and $100, but-not register-
able. | Registered,: $1,000, $5,000,. $10,000 or
multiples of $10,000. C. & R. interchangeable.
Trustees—The New York, Trust Co., and
Mortimer N. Buckner, New York. -
Redeemable at 10244 and interest on any in-
terest date upon 60 days’ notice.
‘Depreciation Fund—Beginning 1917, and each
year thereafter, the company agrees to pay to
the Trustee or to.expend in betterments, improve-
ments and new property ‘for which no. bonds.are
issuable, an amount equal to 2% of the bonds
which have been outstanding for six months.
Any payments so made may be applied to the
redemption of bonds.
’ Organization—Incorporated in Maine in 1910
and has acquired :the properties of 15 com-
panics controlling the street railway, electric
ight and power, gas, interurban lines, etc. of
a number of cities of the Middle West with an
aggregate population of about 500,000.
Secured by mortgage upon plants supplying
gas to Cedar Rapids, Marion, Ottumwa, Fort
odge, Ia., and LaPorte, Ind: and electric light
and power to Fort Dodge and La Porte. Further
secured by a first lien on $173,800 of $8,000,000
preferred stock, $8,823,500 of. $9,000,000 com-
mon stock and $2,076,000. of, the $5, re le a
& Ref. bonds of the "Tri-City Ry.-& Li
entire. $100,000 stock and: $92, 000° of ie Gen -
000 First Mortgage bonds. of ‘the Cadillac. Gas
Co.; .$204,200 of the $500,000 preferred stock,
$745,300 of the $750,000 common stock and
$6,000 of the $598,000 First Mortgage bonds of
the Chattanooga Gas Co.;:..$584,801 of the
$650,000 stock and $171,000 of the $184,000 First
Mortgage bonds of the Cedar Rapids &. Marion
City Ry. Co.; andthe entire $1,200,000 stock
and $2,000 of the $1,500,000 First Mortgage
bonds ‘of: the Grand Rapids, Grand Haven. &
Muskegon Ry. Co. Gas franchises‘ in Fort
Dodge i perpetusl, in Ottumwa, Ia., expires in
1924, in Marion, Ia., in 1931, in Cadillac, Mich.,
in 1982, in Cedar Rapids, Ta., in 1938, and in La
Porte, Ind. +» in 1943. Electric franchise in La
Fare | is perpetual, and in Fort Dodge expires in
Barnum & Co.,
Prior Liens—There are outstanding about
$16,500,000 bonds of controlled Compania:
Net Earnings, 12/31/14....... « $1,392,618
Interest; O66. 6s eas oy ee en dnas 455,8 832
Original Market—$4,300, 00 offered in July,
1912, by N. W. Halsey & Co., Russell, Brewster
& Co., New York and Chicago, and Continental
& Commercial Trust & Savings Bank, Chicago,
at 9214 and interest.
Market.
Chicago—Fort Dearborn Trust & Savings
Bank, Stanwood, Taylor & Co., Breitung & Co.,
Ltd., Bolger, .Mosser_ & Willaman, Hulburd,
Warren & Chandler, Russell, Brewster & Co.,
W. R. Compton Co., King, Farnum & fees, Na-
tional Bank of Republic, Eversz & Co., E. T.
Konsberg & Co., L. Baker & Co., Babcock,
Rushton & Co., Mecor & Co., N. Ww. Halsey &
Co., Continental & Commercial Trust & Savings
ank.
‘St. Genls—Winis R. Compton Co., John aoe
erson, Jr.
Louisville—J. W. & D. S. Green.
New York—C. E. Pieebel) & Co., Engineering
Securities Corp., J. A. Clark & Co., A. E. Fitkin
& Co., White & Co., N. W. Halsey & Co., Horn-
blower & Weeks, Lamarche & Coady, "HL D.
Robbins, Russell, Brewster & Co., J. H. Howell
Co.
Philadelphia—Borden & Knoblauch.
Boston—L. Sherman Adams...
Cincinnati—Rudolph Kleybolte & Co. :
e oats Rapids—Howe, Snow, Corrigan &
ertles.
UNITED LIGHT & RAILWAYS CO. 6 % Notes.
Due Jan. 1,'1918, and 1920.—N.
Dated Jan. 1, 1915, Interest ‘payable Jan. 1
and July 1, in New York.
Authorized—$3; 000,000.
Outstanding—$1, 500, 000. :
Denomination—1918 Notes. Coupon, $1,000.
1920 Notes. Coupon, $100, $500 arid $1,000.
Notes of both maturities are registerable as to
principal only. a
Trustee—New York Trust Co., New York.
Redeemable—1918 notes at par and interest
and 1920 notes at 101 and interest at any time.
Organization, Earnings, ete.—See Ast & Ref.
5s above.
Secured by a first lien on $2, 000, 000 1st & Ref.
5s. (For description, see above.) The amount
of notes outstanding at any time may not exceed
15% of the bonds deposited.
Original Market—Offered in Jan.; 1915, by
N. W. Halsey & Co., New York, ’ Philadelphia,
ete., on a 634 % basis.
arket
Chicago—Stanwood, Taylor & Co., N. w.
Halsey & Co. -
Boston—Moors & Cabot.
UNITED NEW JERSEY RAILROAD & CANAL
CO. Gen. (now first) 4s and 3)48.—F.
See Map 98.
Mortgage dated April 20, 1871
Authorized and Ouistanding—$20, 000, 000.
Dated Due Rate % Outstanding
1883 Feb. 1, 1923 4 ‘$1,824,000 ,
1889 Sept.1,1929 4 ‘ 6,620°000
1894 Mar, 1,1944. 4 5,646,000,
1901 «Mar. 1,1951 3% 5,669,000
1908 ° Sept. 131948 4 m1 841,000...
Interest payable asfollows: .-
1928 maturity, Feb. and Aug. 1, at Company’ a
office; Philadelphia.
1929: amaturity, Mar. and Sept. 1, at Com-
pany’s office, Philadelphia. :
1944 and 1951 maturities, Mar. and Sept. 1,
at’ National Bank of Commerce, New York and
at Philadelphia. -
1948 maturity, Mar. and Sept. 1, at coc 8
office, Philadelphia.
861
Denomination—Coupon, $1, 000 except, 1923
maturity. Registered, $1,000. . All maturities.
Trustee—Fidelity Trust, Co.; Philadelphia.
Organization and Control—Incorporated in
New Jersey in 1872 as a consolidation of the
Delaware & Raritan Canal Co., the Camden &
Amboy R. R. & Transportation Co. and ate
New Jersey R. R. and ‘Tranepogtation Co. In
1871 the property was leased for 999 years Redeemable ‘at par and interest on April 1,
1913, or on any: interest date thereafter; or as 2
whole or in part:at 101 and interest at company’s
option on April 1, 1920, or on any interest date
thereafter.
Sinking Fund is cumulative and calculated
to be sufficient to retire all bonds by maturity.
Money is to be applied to the purchase or redemp-
tion of bonds at not exceeding par and interest.
Organization—Incorporated under the laws
of Yucatan in 1902 as a ‘consolidation of three
railway and two pier companies.
Secured with permission of the Mexican
Government by a first mortgage upon prac-
tically the entire property including 503: miles
of railway in the States of Yucatan and Cam-
peche. Property mortgaged comprises six con-
cessions: granted by the Federal Government,
one of which is perpetual and the others expire
in and after 1970.. On the termination of these
concessions the railroads comprised therein
revert to the Government free from mortgage.
Net Earnings, 12/31/13........ $1,528,263
Interest. wi56 6 cadcwaree a is ia ak 429,059
Miscellaneous....... 00.2.0... 336,265
Original Market— £825, 000 offered in June,
1910, at ‘96, .by J. Henry Schroder, “Tandon.
Eng.}-: ‘Schroder. Gebruder & Co., Hamburg;
and Lippman, Hoventhal @ Co., Amsterdam.
Mar
New York—Ladespon Pinlmawn & Ca.
UNITED RAILWAYS CO. (UNITED POWER
& TRANSPORTATION CO.) Coll. Tr. 4%
Certificates. Due July 1, 1949, at option of
holders, or on any January or July 1,
thereafter, at option of United Power &
Transportation Co. :
Dated May 1, 1899. Interest payable Jan.
and July 1, at’. Real Estate, Title Insurance &
Trust Co., Philadelphia. .
Authorized—$8,000,000. 5
Outstanding—$7,918,089.
: Denomination—Coupon, $1,000, $500 and $100.
Trustee—New York Trust Co., New York. .
Organization and‘ Control—Incorporated in
New Jersey in 1899 and is a holding company
owning practically the entire stocks of the com-
panies below, which in turn control a number of
railway and traction companies.
Guaranteed as to principal by the United
Power & Transportation Co. bast
Security—The Certificates are issued by the
Trustee under an agreement with the United
Power & Transportation Co., and are secured
by deposit of the following stocks: 19,953 shares
of the Trenton St. Ry. Co., 39,993 shares of the
Wilmington & Chester Traction Co., 7,991 shares
of the United Traction Co. of Reading, 5,089
shares of the Wilmington City Elec. Co., 9,800
shares of the Edison Elec. Ill. Co., of Lebanon,
Pa., 14,992 shares of the Holmesburg, Tacony &
Frankford Electric Ry., and 49,911 shares of the
Wilkes-Barre & Wyoming Valley Traction Co.
The stocks of the two last named companies
wiped out under foreclosure sale of the com-
panies’ property.
Net Earnings (U. P. & T.) 12/31/14 $814,633
IDCGROSE isin! ca ssiescinpecid Cet tS 390,697
Listed on the Philadelphia Stock Exchange.
Market. ;
Philadelphia— Mellor & Petry, J. & W. Straw-
brase, Chas. Fearon & Co., Robt. Glendinning
0.
Baltimore—Townsend Scott & Son.
UNITED RAILWAYS & ELECTRIC CO. OF
BALTIMORE Income Funding 5s. Due
June 1, 1936.—F. . A
Dated 1906. Interest payable June and Dec.
1, at Alexander Brown & Sons, Baltimore, Md.
Authorized and Outstanding—$3,920,000.
Denomination—Coupon, $100, $500 and
,000.
Trustee—Maryland Trust Co., Baltimore.
_ Redeemable on any interest date at par and
interest.
Organization and Earnings—See 1st Consol.
4s below.. :
Listed on the Philadelphia Stock Exchange.
Original Market —Issued to holders of Income
4s, to fund unpaid interest coupons.
arket.
Baltimore-—Jenkins, Whedbee & Poe, Town-
send Scott & Son, Colston, Boyce & Co., Stro-
ther, Brogden & Co., Riggs & McLane, Alexander
Brown & Sons.
UNITED RAILWAYS & ELECTRIC CO. OF
BALTIMORE Cumulative Income 4s. Due
at Option of the Company after Mar. 1,
1949.—F.
, Dated Mar. 1, 1899. Interest payable June
‘and Dec. 1, at Alexander Brown & Sons, Balti-
more, Md., if earned. -
In June, 1911, 2% was paid on these income
bonds, and has been paid each six’ months
since.
, Funding of Unpaid Coupons—In 1906 unpaid
coupons from June, 1904 to June, 1906 were paid
in “Income Funding 5% Bonds,” and all subse-
quent coupons to and including Dec. 1, 1910,-were
paid in‘a like manner. - ~ o
Authorized—$14,000,000.
Outstanding—$13,976,000.
863
Denomination—Coupon, $1,000. Registerable
as to principal. noe
Trustee—Maryland Trust Co., Baltimore.
Organization and Earnings—See 1st Consol.
4s below. . o
Secured by mortgage upon the entire prop-
erty of the company. See lst Cons. 4s.
Prior Liens—$39,400,000 1st Consol. 4s and
bonds underlying that. issue. iG
Listed on the Baltimore and Philadelphia
Stock Exchanges,
: : ‘ Market.
Baltimore—Jenkins, Whedbee & Poe, Town-
send Scott & Son, Colston, Boyce & Co., Strother,
Brogden & Co., Riggs & McLane, Walter Koppel-
man, Hambleton & Co., J. Harmanus Fisher
Son, B. Warren Corkran & Co., Sutton & Co.,
Alexander Brown & Sons.
UNITED RAILWAYS & ELECTRIC CO. OF
ee Ist Cons. 4s. Due Mar. 1,
Dated March 6, 1899. Interest payable Mar.
and Sept. 1, at Alex. Brown & Sons, Baltimore.
Authorized—$38,000,000.
Outstanding—$26,450,000.
Held in Treasury—$2,500,000.
Denomination—Coupon, $1,000.
as to principal.”
Trustee—Contirental Trust Co., Baltimore,
Registerable
Organization—Incorporated, in Maryland in
1899 as a consolidation of a number of railway
companies controlling the entire passenger rail-
ways of Baltimore City and Baltimore County,
and extend into Arundel County and Howard
County.
Secured by first mortgage on 182 miles of
street railway in the City of Baltimore and on
car and machine shops and by general mortgage
on remainder of property of company, including
219 miles of track.
Prior Liens—$9,000,000 bonds of absorbed
companies.
Underlies—$13,976,000 Income 4s due 1949
and $3,920,000 Income Funding 5s due 1936.
Net Earnings, 12/31/14........ $4,916,121
Fixed charges..............0.. 2,030,327
Income interest and preferred
dividends..................6+ 560,000
Legal for Balt.
Listed on the Baltimore and Philadelphia Stock
Exchanges. :
Original Market—-$18,000,000 offered in Mar.,
1899, at 10214 and interest by Alex. Brown &
Sons, and Mercantile Trust & Deposit Co., Balti-
more, and Brown Bros. & Co., New York, Phila-
delphia, etc.
Market..
Baltimore—Jenkins, Whedbee & Poe, Hamble-
ton & Co., Sutton & Co., Alex. Brown & Sons,
Poe & Davies, J. Harmanus Fisher & Son, Town-
send Scott & Son, Colston, Boyce & Co., Strother,
Brogden & Co., stipes & McLane, Walter Koppel-
man, Owen Daly & Co.
UNITED RAILWAYS & ELECTRIC CO. OF
BALTIMORE 3-Year Coll. Tr. Conv. 5%
Notes. Due July 15, 1916.—F.
Dated July 15, 1914. Interest payable Jan.
and July 15, at Alex. Brown & Sons, Baltimore,
d. é
Authorized and Outstanding—$1,000,000.
oc $1,000, $500 and
Trustee—Safe Deposit & Trust Co., Baltimore.
Redeemable at par and interest on 30 days’
notice.
Convertible prior to March 1, 1916, into com-
mon stock of the company, par for par.
. Secured by deposit with the Trustee of
$1,338,000 1st Consolidated Mtge. 4s of 1949.
. Underlies—$13,976,000 Income 4s due 1949
and $3,920,000 Income Funding 5s due 1936.
Market.
New York—Mackay & Co.
Baltimore—Poe & Davies, Nelson, Cook & Co.,
Alex. Brown & Son, Jenkins, Whedbee & Poe,
Townsend Scott & Son, Strother, Brogden: & Co.,
Riggs & oe Colston, - “Boyce: & Cas
UNITED RAILWAYS co. OF ST. LouIs Gen.
1st 4s.: Due July 1, 1934.—-F.
Dated July 1, 1899. Interest payable Jan.
and July 1, at Trustee’s office, or at oltice, of No.
American Co., New Yor
Authorized—$42, 000, 000.
’ Outstanding—$31,532,000. :
In April, 1915, the Missouri. Public Service
Commission ' authorized the company to issue
$500,000 of these bonds to retire an underlying
issue.
Denomination—Coupon, $1,000. Registerable
as to principal.
“ue Louis Union Trust ‘Co., St. Louis,
Mo
Organization and Control—Incorporated in
Missouri in 1898 as successor to the Central
Traction Co. of St. Louis. Controlled. through
ownership of a majority of its stock: ‘by the North
American Co. ~-
Secured by mortgage on 461 miles of ‘track
comprising the entire street railway system in the
City of St. Louis and practically the entire sys-
tem in the County of St. Louis, being a first lien
on 151 miles and a general mortgage, subject
to the prior liens below on the balance.: Also a
first mortgage on real estate power houses, etc.
in the City of St. Louis. Franchises expire up to
1948. The lines on which these bonds are
secured as a first mortgage include the'following:
On 8rd St., from Chateau to Franklin; on 7th St.,
from Broadway to Chestnut; on Jefferson Ave.,
from Geyer:to Hebert; Grand Ave., from Mera-
mec to Florissant; Chateau, from 3rd St. to 18th
St.; St: Auge Ave., from Chateau to Park Ave., to
18th St.; 18th St. and Chateau Ave. to Park Ave.,
to issiésippi ‘Ave., to Lafayette Ave., to Grand
Ave.; Laclede Ave., from 3rd St. to Kingshigh-
way; on’ Manchester Ave., from Laclede Ave.
via Old Manchester Road and Kingshighway to
Devonshire Ave., to Southampton Ave.; Gravois
Ave., from near City Line to Spring Ave. (two
blocks from Grand_Ave.); from Euclid and
Chateau Aves. on Chateau to Clayton in St.
Louis County; Olive St., from 3rd St. to Walton
Ave., to McPherson ‘Ave., to Kingshighway, to
McPherson Ave., to De Giverville Ave., to
Skinner Road, to junction with Clayton Line;
Morgan &t., ‘trom 3rd to Garrison’ Ave. - to
Easton Ave.; Franklin Ave., from’ 8rd: St.: to
Easton Ave., to Hodiamont Ave., to Etzel Ave.,
to Page Blvd; Delmar Blvd., from Balviere
Ave.,, via ‘Olive St. Road, to crossing of St.
Louis Terml. R. R., to Page Ave.,to City Line
and branches. These lines extend generally
from the western outskirts of the city to its
center, including most important streets, and
the franchises for these lines expire in 1948.
Prior Liens—In 1914 the company purchased
52.9% of its power from the Mississippi River
Power Co., direct, 40.5 % from the Union El. Lt.
& Pr. Co. ‘(which ’also obtains.a large part of its
power from the Mississippi River Power Co.),
and generated 6. 6% (during rush hours) at its
own stations. Paitin
ene ae 000,000 St. Louis Transit Imp.
eet Earnings, 12/31/14
Interest
This issue. 2,1)
Listed on the New York, Philadetphia and St.
Louis Stock Exchanges.
Original Market—$1,500,000 offered in April
1909, by Mississippi "Valley Trust Co., an
Francis Bro. & Co., St. Louis, and McCoy & Co.,
Chicago, at 86 and interest.
864
,. Market.
St. Louis—Francis Bro. & Co., Bowman, Cost
Co., Pew R ‘John Nickerson, Jr.,
Whitaker, & Co. ays ahs Edward & Sons, Al-
theimer & Rawlins Inv. Co., G. H. Walker & Co.
Baltimore—Mercantile Trust & Deposit Co.,
Jenkins, Whedbee & Poe.
New York—Newborg & Co., A. 7 G. Edwards &
. 8S. Smithers &
ie
sens, James B. Colgate & Co.,
UNITED RAILWAYS INVESTMENT CO. 1st
Lien Coll. Tr. S. F. 5s. Due May 1, 1926,
—F.
Dated May 1,1906, Interest payable May and
Nov. 1, at Guarantee Trust & Safe Deposit Co.,
Philadelphia, or Trustee | 's office.
. Authorized—$20,250,000.
Outstanding $17, 370, 000. ,
Held in Sinking Fund—$780, 000,
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 105 and ‘interest on any interest
date on 60 days’ notice.
Sinking Fund—Annually 1% of bonds out-
standing, beginning May 1, 1911, for the purchase
or redemption of bonds at jnot more than 105 and
interest. Bonds so purchased to be kept alive in
sinking fund. -
Organization—Incorporated in New Jersey in
1902 to. acquire, hold or deal in stocks and bonds
of other corporations. ,Owns or controls all the
Preferred and Common Stock of the California
Ry. & Power Co. and all the stock of the Rail-
roads & Power Development Co., $24,200,000 of
the. $39,048,000 Common Stock of ‘the Phila-
delphia Company, and other miscellaneous
securities. Through the,ownership of these
stocks the.company controls the street railways
in San Francisco and Pittsburgh | and the gas and
electric plants in the latter. city.
Secured by pledge of $24,200,000 capital
stock of the Philadelphia company.
Underlies—$1,890,000 6% eb. and notes.
Net Earnings, 12/31/14 $1,886,186
Interest 1,147,977
This issue 956, 450
Listed on the New York and Philadelphia Stock
Exchanges. ™
ark
s et.
Philadelphia—S. K - Phillips, Mellor & Petry,
Reed & Huntoon.
New York—McGeorge & Vanderhoef..
UNITED STATES BREWING CO. (CHICAGO)
Ref. 5s. ‘ Due Sept. :1,:1938.—F.
Dated aioe 1, 1908. Interest payable March
and Sept. 1,- at ‘Mlinois Trust & Savings Bank,
hicago.
Authorized—$3,000,000.
Outstanding—$3,000,000. ($800,000 are de-
posited to secure £164, 300 Debenture 6s of Mil.
& Chi. Breweries.
Denomination—Coupon, $1,000.
as:ta principal.
' Trustees—Illinois Trust & Savings Bank and
Frederick T. Haskell, Chicago..
Redeemable on any interest date at 105 and
interest upon 60 days’ notice.
Sinking Fund— $30,000 per annum to purchase
bonds at not exceeding 105 and interest. If
bonds cannot be obtained in the market, they may
be redeemed.
Controlled through stock ownership by Mil-
waukee & Chicago Breweries, Ltd
Secured by a.first mortgage on brewery’ in
Registerable
Chicago.
Net Earnings, 12/31/13 . $1,277,484
Interest, rents, eres Saas Minfd ie ie rapa "695 "195
New York—J. H. ‘pebker & Co.
UNITED STATES COAL CO. Ist 6s. Due
$25,000 each July 1 from 1915 to 1923 and
$275,000 on July 1, 1924.—
Dated April 1, 1914. Interest payable Jan.
1 and July 1, at ‘Trustee’ 8 office.
Authorized—$800,
Outstandiug--$500, 000.
Denomination—Coupon, $500 and $1,000.
Trustee—Guardian Savings & Trust Co. is
Cleveland, Ohio.
Redeemable on any interest date at 102 and
interest.
Sinking Fund—Five cents per ton of run-of-
mine coal removed from property for the retire-
ment of bonds as they mature. If sum avail-
able is greater than amount required for payment
of maturing bonds, such surplus may be applied
to the purchase, of last maturing bonds at 102
and interest.
, }Organization—Incorporated in Ohio in. 1899.
Secured by a first mortgage on 14,650 acres
of Pittsburgh seam coal in Jefferson County,
Ohio, two mines and complete equipment. Fur-
ther secured by a first lien on alle of the stock of
the Dillonvale & Smithfield R. R. Co., owning
seven miles of road, free from deht.,
Original Market —Offered in April, 1914, by
the Guardian Savings & Trust Co., Cleveland,
Ohio, at par and interest.
UNITED STATES ENVELOPE CO. Ist 5s.
Due $50,000 each Dec. 1, to 1924; $100,000
each Dec. 1, 1925 to 1929, and $150,000
each Dec. 1, 1930 to 1934, inclusive.—N.
Dated December 1, 1908. Interest payable
June and December 1, at Trustee’s office.
Authorized—$2, 800,000,
Ontstandia ga 750,000.
Retired—$250,0
tinea emieine $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 104 and interest any time after
1919, upon six weeks’ notice.
Organization—Incorporated in 1898 in Maine
and has purchased Logan, Swift & Brigham
Envelope Co., the Whitcomb Envelope Co. and
the W. H. Hill Envelope Co. a Worcester,
Bens the Morgan Envelope Co., P._P.' Kellogg
& Co., and the Springfield Envelope Co. of
Springfield, Mass.; the Holyoke Envelope Co.
of Holyoke, Mass.; the Plimpton Manufacturing
Co. of Hartford, Conn., The White, Corbin &
Co. of Rockville, Conn., and the National
Envelope Co. of Waukegan, IIl.
Secured by first mortgage on lands, buildings
and aoe of company at Springfield, Worcester
and Holyoke, Mass. and Rockville and Hartford,
Conn. which plants have a capacity of over 20,-
000,000 envelopes a day.
Net Earnings, 12/31/14 . $626,696
Unterest : sj: 2 i soyieies.0 4 O6 sioide e424
Original Market—Offered in 1908, by H. W.
Poor & Co., New York and Boston, on about a
514% basis. 2
Market.
New York—F. H. Hatch & Co., Hotchkin &
Co., Curtis & Sanger.
Hartford—Richter & Co.
Boston—Geo. A. Fernald & Co., Hotchkin
& Co., Jackson & Curtis.
Springfield, Mass.—Tifft Bros.
Worcester—Kingsley & Adams.
UNITED STATES FINISHING
Due July i 1919.—N.
Dated July 1, 1899. Interest
and July 1, at Trustee’s office.
Authorized—$1, 750, ye
., Outstanding—$913, 000.
. Retired by Sinking Fund—$837,00
Denomination Counen, $1,000. We evisterable
as to principal only.
Trustee—Old Colony Trust Co., Boston.
Registerable
co. ist ‘5a.
payable Jan.
865
a Redeemable at 104 and interest any interest
late.
Sinking Fund—$50,000 per annum.
Organization—Incorporated in Conn. in 1904
and absorbed a number of companies engaged in
bleaching, dyeing, printing and finishing cotten
piece goods. In May, 1913, it was announced
that the company was unable to meet its maturing
bank obligations. A Committee was formed and
eonsent of 75% of Pfd. and Common stocks re-
ceived to a plan for the issuance, of new Pfd.
Stock the proceeds of which are to be used in
payment of bank. obligations.
Secured by a first. mortgage on the - ‘plants of
the Company at Norwich, Conn., Passaic, N.J.,
and Pawtucket, R.
Underlies—$1,650,000 Cons. 5s of 1929,
which provide to retize this i issue. 3
Net Earnings, 6/30/14........... $476,584
TNtOr St viscose ds aie gov dasndonss ae a 1». 248,740
Market
New York—F. H. Wateh & Co., Spencer
Trask & Co., Kirkpatrick & Lewis, Whittemore,
Pell & Co., R. F. Westerfield.
New Haven—The W. T. Fields Co.
Boston— Walter S. Place.
UNITED STATES FINISHING CO. Cons. 5s,
Due July i 1929.—.
Dated July -1,: 1904. . ‘Interest payable Jan.
and July 1, at Trustee’ 's office.
Authorized—$3,500, a
Outstanding—$1, 650 000
Retired by Sinking Fund—$687, 000.
Held in Treasury—$1,163,000.
. Denomination—Coupon, ‘$1, 000.
Trustee—Equitable Trust Co., New York.
Redeemable.at 105 and interest on and after
July 1, 1914.
Secured by:.a- first mortgage on the plant in
Providence, R. I., and a second mortgage on the
property covered by the 1st 5s (see above) and
also plant at Sterling, Conn.
Prior Liens—$964,000 1st 5s of 1919 and
$250,000 Sterling Dyeing & Finishing Co. Ist 5s
of 1926, which this issue provides to retire.
Earnings—See 1st 5s sexe, ;
Due
ayable March
ittsburgh, Pa.
Market.
«New York—Spencer ‘Trask & Co., F. H. Hatch
e & & Go ., Kirkpatrick & Lewis, Whittemore,. Pell
New Haven—W. T. Fields Co.
UNITED STATES GLASS CO. Ist 5s.
Sept. 1, 1923.—. F.
‘Tax exempt ‘in Pennsylvania.
Dated Sept. 1, 1903. Interest B
& Sept. 1, at Colonial Trust Co.,
Authorized—$500,
Bu peendlag= S080 200, :
Denomination—Coupon, $100 and $1,000.
Trustee—Colonial Trust Co.,. ‘Pittsburgh, Pa.
Redeemable—$50,000 per an um at par, after
Sept. 1, 1914.
Organization—Incorporated in Pennsylvania
in 1891.
Secured by a first mortgage on eight glass
factories in and around Pittsburgh, Pa., one in
Tiffin, Ohio, and one in Gas City, Indiana. i
Net cones after interest. p
(B/BOP MA. ved c scrnis oe xiteasiemn enn $150,418
Original Market——Issued to preferred stock
holders in exchange for stock, $110 in bonds for
each $100 share of stock, on ‘which dividends of
56% had accumulated.
Market.
mt New York—J. K. Rice, Jr., & Co., H, P. Taylor
Buffalo—H. Py Taylor & Co.
Pittsburgh—H. P. Taylor & Co.
UNITED STATES GYPSUM CO. Ist 5s. Due
Sept. 1, 1922.—.
Dated Sept. 1, 1902. Interest payable. March
‘and Sept. I, at Continental & Commercial Trust
& Savings Bank, Chicago.
Authorized—$1,000,000.
ened ee gue
» In Treasury—$91,5 ern ee
‘ Retired by Sinking Fund—8776, 000."
‘_ Denomination—Coupon, $500 and "$1,000.
-Registerable as to principal.
-_| Trustee—Continental & Commercial Trust &
Savings Bank, ‘Chicago. -
Redeemable at'105 and interest. «
. Sinking Fund—Retires $50, 000 bonds gnnually.
Organization—Incorporated in New Jersey in
1901 and acquired the properties of 35 different
‘producers of gypsum.
Secured by first mortgage upon entire: property
of company, including mines, mills, quarries,
warehouses, ete.,; located in 14 different auras
Underlies—$1,200,000 £% Hotes due 1917
Net Earnings, 12/31/14 Sa
Interests gic coats os os eae 9,879
"+ Listed-on the Unlisted Dept. of the Ghteago
‘Stock Exchange.
Market.
Chicago—J. B.' Sardy; Eversz & Co., John
pueahen & Co., A. E. Butler & Co., F. A. Hill &
F. M. Zeiler & Co., Hulburd, Warren &
Chandier A. L.' Baker & Co.
‘UNITED STATES GYPSUM CO. 6% Notes
Due April 15, 1917.—F.
Dated April 15, 1912. Interest posable April
_ and Oct. 15, at A. G. Becker & o., Chicago.
Authorized—-$1, 500,000.
Outstanding—$1, 200, 000.
Denomination—Coupon, $1, 000 and $5,000.
Registerable as to principal. -
\ 'Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable at 101 and interest. '
’ Security—A direct obligation of the company
but not secured by a mortgage. Under terms of
Indenture company must ‘maintain net quick
‘assets equal to at least 50% of outstanding
-Notes and cannot place any new mortgage upon
its property during the life of same.
Prior Liens—$132,000 ae 5s due 1922.
Original Market--$1,5 000 offered April,
1912, at par and interest i "A. G. Becker & Co.
Chicago.
Market. “
Chicago—A. G. Becker & Co., J.B. Sardy & Co.
A. L. Baker & Co., Hornblower & Weeks, A. iE.
Butler & Co.
UNITED STATES PUBLIC “SERVICE co. 6%
‘Notes. Due April 1, 1918.—F.
: Dated April 1, 1918. Interest payable April
1 and Oct. 1, in New York.
‘Authorized and Outstanding—$1,200,000. :
Denomination—Coupon, ‘$1, 000. Registerable
as to principal only.
Trustee—Guaranty Trust Co., New York.
Redeemable as a whole or in lots of not less
than $100,000 at 101 and interest on any interest
ate.
co in Delaware in
Secured by a first lien on all of the stocks,
bonds and_notes of companies supplying elec-
tricity in Chaffee, Charleston, Dexter, Fomfelt,
Illmo, ‘Morehouse, Poplar Bluff and Sikeston;
Missouri, Mitchell, S. D., and Paris and Dan-
ville, Ky.; gas in Mitchell and Paris, steam heat
in Poplar Bluff and ice in Sikeston. Further
secured by a first lien on stocks and bonds of
companies supplying electricity in Cape Girar-
deau, Missouri, Oberlin and Rayenna, Ohio,
and Monmouth, Ill; gas‘in Ca) ne Girardeau and
Monmouth, steam heat in onmouth, water
in Cape Girardeau, Webb City and Carterville
and ice in Monmouth, subject to $700,100 bonds
and $155,500 stock not deposited.
In addition to the above the company also
866
‘UNITED STATES RADIATOR CORP.
‘Kan.
owns all of the stock of the Cupples Station
‘Light, Heat & Power Co., which owns, free from
mortgage, plant’ supplying a part of the elec-
tricity and’ steam heat in St. Louis, Mo. None
of the companies whose securities are deposited
as collateral for these notes, may increase its
capital, funded debt or floating debt, except for
operating expenses, unless such securities or evi-
dences of debt are deposited as additional secur-
ity for this issue.
Net Earnings (12 mos) Constituent
Properties, 11/30/14
Interest on underlying bonds.....
Interest on these notes...... aa 72,000
Market. ve
New York—John Nickerson, Jr., Geo. H. Burr
$321,782
0.
St. Louis—Bowman, Cost & Co.
Ist 6s.
Due annually Jan. 1, to 1927, inclusive.—F.
Dated July 1, 1910. Interest payable Jan.
and July 1, at cenete 's office or Chase National
Bank, New York.
Authorized—$1, 000,000.
. Outstanding—$870, 000.
Retired—$130,000.
Balance ‘due as _follows—$45,000, - 1916;
$50,000, 1917; $55,000, 1918; $60, 000, 1919;
$65,000, 1920;, $70, 000, 1920; $75,000, 1922:
$80, 000, 1923; $85,000, 19247 $90, 000, ‘1925;
$95, 000 1926; $100, 000,
Deaeaie oe ‘$500 and $1,000.
Registerable as to principal.
Trustee—Citizens’ Savings & Triist Co., Cleve-
land, Ohio.’
“i Redeemable at 103. and interest any interest
ate.
Organization—Incorporated in New York in
1910 as a consolidation of the United States
Radiator Co., Dunkirk, N. Y.; U. S. Heater Co.,
Detroit, Mich.; Uv. Ss. Radiator & Boiler Co.,
Corry and. West Aero Pa.; Herrendeen Mfg.
Co., Geneva, N. e Boiler & Radiator
Department of the vs a es Iron forks Co.,
New York, and the Central Radiator & Foundry
Co., Paola, Kan.’
Secured by first mortgage’ upon five radiator
piste located at Dunkirk and Geneva, N. Y.,
est Newton, Pa., Edwardsville, Ill., and Paola,
Indenture provides that company must
maintain net quick assets © ‘equal to amount of
bonds outstanding.
Net Earnings, 13/31/13 $275,162
Interest on bonds......
Other interest. . 60,081
Original ‘Market-—First offered July; 1910 at
‘per and interest by the First ‘National Bank,
etroit.
Market.
oe wen ye York—Bigelow & Co., McGraw, Blagden
Taper.
Detroit——First & Old Detroit National Bank.
UNITED STATES REALTY & IMPROVE-
MENT CO. 20-Year Conv. Deb. 5s. Due
July 1, 1924.—
Dated July 1, 1904. Interest payable Jan. and
aa 1, at Company’ ‘8 office, 111 Broadway; New
ork.
"Authorized—$13,506,000.
Outstanding—$11,930,000.
Retired and Cancelled—$1,354,000.
Denomination—Coupon, $1, 000. Registerable
‘as to principal.
Trustee—New York Trust Co., New York.
Redeemable at 105 and interest, any interest
day, on three weeks’ notice.
Convertible privilege has expired.
Organization—Incorporated in New Jersey in
1904 as successor to the U.S. Realty & Construc-
tion Co. Company owns a controlling interest
in the Plaza Operating Co., Cedar Street Co.,
Century Investing Co. and Geo. A. Fuller Co.
Last report showed thé following schedule of real
estate owned: -- a :
Productive—Trinity Building, 111 Broadway;
United States Realty Building, 115 Broadway;
Whitehall Building, Battery Place; Fuller Build-
ing, Fifth Ave. 22d and 23d Sts.; Mercantile
Building, 23d St; and Fourth Ave.; Victor Build-
ing, Spring and Mercer Sts.; Jauncey Building,
Wall.and Water Sts.; 67-69 Wall Street; O’Neill
Building, Sixth Ave.,'20th and 21st Streets;
House,112-118-122-124-126 W. 21st Street.
Value of above properties $34,705,041; mortgages
thereon, $16,185,000. % st
Unproductive—494-6-8 Seventh -Ave. and
200-208 West 37th St.; interest in James Estate
roperties; 45 East 22d Street; 41 East 22d
Street; Crane Estate lots; miscellaneous parcels.
Value of above properties, $1,294,872, mort-
gages thereon, $325,600. ' ca ‘
Security—A direct obligation of the company
but not secured by a mortgage. The company
covenants that it will not execute any General
Mortgage upon the assets of the company,
without first securing the payment. of principal
and interest of these bonds, by a mortgage or
Deed of Trust of such assets. toe é
Net Earnings (11 mos.), 12/31/14 $1,420,437
Interest on these bonds........: . 546,792
Listed on: the New York Stock Exchange.
Market.
New York—Seasongood & Haas, Farson, Son
Co., L. M. Prince & Co., Coggeshall & Hicks,
Peabody & Co.
(THE) UNITED STATES REDUCTION &
REFINING CO. Ist S. F. 6s. Due July 1,
Dated July 1, 1901. Interest payable Jan.
and July 1, at Baruch Brothers, New York.
Authorized—$3,000,000.
Outstanding—$1,525,000.
Held in Sinking Fund—$1,125,000.
+ Cancelled—$350,000. :
Denomination—Coupon, $1,000.. Registerable
as to principal. . , i
Trustee—New York Trust Co., New York.
Redeemable at 110 and interest on any interest
ay. ’
Sinking Fund—$50,000 annually, to be applied
semi-annually to the purchase of these bonds at
not exceeding 110 and interest. Bonds so pur-
chased to be held alive in Sinking Fund. Sinking
Fund payment due July 1, 1911, was defaulted
and bondholders have waived. sinking fund pro-
visions until June 30, 1916. | eS Z
Organization—Incorporated in New Jersey in
1901 and acquired the plants of the Standard
Milling & Smelting Co., Colorado-Phila, Reduc-
tion Co., Union Gold Extraction Co., Metallic
Extraction Co. and. National Gold Extraction
Co. In 1911 company’s plants were closed down
as they could not be operated at sufficient profit,
and part of property was leased to the Golden
Cycle Mining Co. for three years, which lease
has now expired. The lessor never operated the
plants. In April, 1915, following a fight for
control, the company was placed in hands of re-
oo in an alleged default in interest on these
onds. : ‘ ne
Secured by first mortgage on plants of com-
pany at Colorado City, comprising 24 buildings
and covering 111 acres and plant at Florence,
Colo., comprising 11 buildings and covering 80
acres. Further secured by pledae of the $250,000
capital stock of the Cripple Creek Sampling &
Ore Company and the $500,000 stock of the
United States Smelting Company, together with
$325,000 of the $600,000 bonds of the latter
eompany. . ies ; .
According to a statement of the former vice-
president, at the annual meeting in April, 1915,
the “Standard Plant,’’ located at Colorado City,
which cost $600,000 in 1904, was sold for junk in
1914 for $18,248, and that as far as he knew, the
property had not. been released from the lien of
this mortgage. The “Union Plant” at Florence
was closed down when the three mile spur road
of the Florence & Cripple Creek R. R., which
supplied the plant with ore, was destroyed by
a washout, and the railroad decided not to re-
build it, the estimated cost being between $100,000
and $160,000. The value of this plant as junk
was placed at between $20,000 and $25,000.
Two other plants have been destroyed by fire
as a result of one of which fires the company
received a judgment against the Denver & Rio
Grande R. R. Co. of $60,000. ;
Net Earnings, 12/31/14........... $90,356*
Interest...... 1S diparage hee haus Sonate 90,600T
*Compares with $125,776 in 1913. - :
TNot including interest on bonds in Sinking
‘und.
Listed on the New York Stock gee oe
Original Market—Offered in 1901, by Kessler
& Ca., New York.
Market.
t.
New York—F. H. Hatch & Co., F. J. Lisman &
Co., Post & Flagg. ;
UNITED STATES RUBBER CO. 10-Year Col.
Tr. S. F.6s. Due Dec. 1, 1918.—F.
Dated December 1, 1908. Interest payable
qine and Dec. 1, at Central Trust Co., New
ork. wo"
Authorized—$20,000,000.
Oatstanding—$17,000,000. ‘
Cancelled by Sinking Fund—$3,000,000. | |
Denomination—Coupon, - ,000. Coupon
bonds are exchangeable for Registered Bonds.
Registered, $5,000 and $10,000.
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
day, on 21 days’ notice. :
Sinking Fund—$500,000 annually 'to be paid
to the Trustee in cash or in, these bonds, if in cash
to be applied to the purchase of bonds at not
exceeding 105 and interest, all bonds acquired to
be cancelled. Coupon bonds are to be redeemed
first and registered bonds in $5,000 denomination
before those in $10,000.
. Organization—Incorporated in New Jersey in
1892, and is a consolidation of 16 companies
engaged in the manufacture of rubber products.
Secured by pledge with the Trustee of the
entire capital stocks (except a small amount of
that of the Rubber Goods Mfg. Co.) of 14 sub-
sidiary companies having a'par value of $44,426,-
300 and by pints of all mortgages or liens against
the properties of these companies, and by lien on
$2,000,000 of the $3,000,000 stock of the General
Rubber Co., subject to $9,000,000 General
Rubber Co. bonds. Further secured by pledge
of any additional stock of these subsidiary com-
panies hereafter acquired by the U.S. Rubber
Co. .
The Indenture provides ‘that except with the
consent of the ‘Trustee none of the subsidiary
companies whose stock is deposited hereunder
may place any mortgage upon its property unless
same shall be subjected to the lien of these bonds.
It is further agreed that during the life of these
bonds the net quick assets of the U. S. Rubber
Co. and its subsidiary companies shall at all
times exceed the aggregate indebtedness of said
companies ‘other than these bonds by an amount
equal to 180% of such bonds outstanding.
Net Earnings (inc. subsidiaries), i
12/81/1455 35 saeeres eee $10,441,779
Wnteresty ccs ouadina aiding & waco 1,908,650
Listed on the New York and Boston Stock
Exchanges. oe ‘
Original Market—$15,000,000 offered in Dec.
1908 by J. & W. Seligman & Co., New York,
and Kidder, Peabody & Co., Boston, at 10144
and interest. ate :
. : Market,
New York—Geo. H.'Burr & Co., Crawford,
Patton & Cannon, H.'N. Whitney & Sons, Stru-
867
phere & Hiscoe, Coffin & Co.,; Estabrook & Co.,
C. H. Hensel. :
New Haven—Kimberly, Root & Co.
Philadelphia—E. B. Smith & Co..
UNITED STATES SMELTING, PERNInG &
‘MINING CO. Due June 1,
Dated June 1, 1918. Interest payable June
land December 1, in Boston.
Authorized and Outstanding—$4,000, 000.
Denomination—Coupon, $500 and $1, 000.
Redeemable on any interest date prior to
April 1, 1917, at 101 and interest, thereafter
at 100 4% and. interest. .
Organization—Incorporated i in’ Maine in 1906
as a reorganization of the U. §. Mining Co. Is
a holding company controlling,. among others,
the Uatted States Mining Co., Centennial-Eureka
Mining |. Richmond-Eureka Mining, Co.;
Mammoth b tdinine Co.; United States Smelting
Co.; United States Lime Co.; The Needles Mining
& Smelting Co., Gold Roads Mining Co., Com-
pania. de Real del Monte y Fecha, United
States Metals Refining Co. ‘and Utah Co. These
companies own and aperate coal, copper, lead,
silver and gold mines, smelters ‘and refineries.
Security—A direct obligation of the company
but not secured by a mortgage.. The company
covenants not to make any mortgage ‘without
equally securing these notes. None of the sub-
sidiaries have any mortgage. debt, except the
Utah Co., which has outstanding, $10, 000,000
Collateral. Trust Notes, dué 1917. ‘Guaranteed
by, the United States Smelting, Refining
Mining Co. These notes were issued to refund
a like amount of notes due Aug., 1914.
Net Earnings, Bee Peers $2, 932, 519
Interest... 200; 5000
UNITED , STATES STEEL CORPORATION
50-Year 5s. Due April 1, 1951.—F.
Dated April 1, 1901. Interest payable Series
“A,” Jan. and July 1; Series “B,” Feb. and Aug.
1; Series “G," March and Sept. ‘1; Series “D,’?
‘April and Oct. 1; Series he ”” May and Nov. is
Series ‘‘F,” June and Dee. 1, at J.P. Morgan &
Co., New York. - a
Authorized $804, 000, 000. : en ‘ ‘Series “Ay *e
$54,6: ie eanee “B,” '$50, 0,000; _ Series
000; ‘Series . “D, : 1) 10,000;
“C, 4 00
Series et Pe 350, 000,000; Serius aoe '
Trustee—Boston Safe Deposit & Trust Co.,
Boston. : vg HOOR Ne ‘
_ Guaranteed under the terms j,of lease as. to
interest’ by Boston & Maine R. RR... . .-:
Control—Connecticut River R. R. Co. owns
practically the entire $1,000,000 capital stock of
the -Vermont Valley R. R. The C
a >
tered,
‘onn. River
R. R. is leased until 1992 to Boston & Maine R. R.
Sept., 1912, the stockholders of the Conn. River
R. R. Co. voted to acquire the property of the
Vermont Valley R. R. Co.
: Secured by‘ia: first ;mortgage at the rate, of
$62,500 per mile on (15) 24 miles of road from
Brattleboro, Vt., to Bellows Falls, Vt.;' further
secured’ by deposit with Trustee of $700,000 of
the $2,500,000 Conn. & Passumsie River R. R.
Co. preferred stock and $100,000 of the $800,000
Massawippi Val. Ry. Co. stock; ,on both of
oe 6% dividends are guaranteed: by B..& M.
"Legal for Conn., Me., Mass., Mich., Minn.,
-J,and Wis. ee
Original Market-—-$1,500,000 offered Sept.,
1910, at 10414 and. interest by Lee, Higginson
& Co., New York, Beacon and Chicago.
arket.
Boston—Kuhn, Fisher & Co., Parkinson- &
Burr, Adams & Co.
New York—Estabrook & Co., Remick, Hodges
& Co., Coffin & Co.; Lee, Higginson & Co.
VICKSBURG & MERIDIAN RAILROAD CO.
.. Ist 6s. Due April 1, 1921.—F.
See Map 130. :
Dated April 1, 1881. Interest payable April
and Oct. 1, at Central Trust Co., New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : vd
Trustee—Farmers’ Loan & Trust Co., New
York. ae vite : ee
Sinking Fund—The mortgage provides for a
cumulative sinking fund, to which there was
credited: June 30, 1913, $248,984. - oa
Control—The road was sold under foreclosure
879
in February, 1899, and reorganized under the
title of Alabama & Vicksburg Ry., which is
controlled by the Alabama, New Orleans, Texas
& Pacific Jet. Rys. Co. through ownership of 90%
of its stock, 4 ‘
Secured by first mortgage at the rate‘of $7,000
per mile on (1) 148 miles of road from Vicksburg
to Meridian, Miss.
. Underlies-—$586,000 Alabama &, Vicksburg
Ry. Cons.. 5s of 1921 which provide for the
retirement of this issue and $422,700 Alabama &
Vicksburg Ry. 2d 5s of 1921.
Net Earnings, 6/30/14........... $309,833*
- Interést)............ Bs : 110,515
This issue............ 00s eeaee 60,000
*Compares with $445,811 in 1912-13.
Legal for Fla., Mich., Minn., N. H., N.J., R.I.,
and Wis.
Market.
New York—Sutro Bros. & Co.
VICKSBURG (MISS.) LIGHT & TRACTION
CO. 1st 5s. Due July 1, 1932.—F.
Dated July 1, 1912. Interest payable Jan.
and July. 1,.at. Trustee’s office, .
‘Authorized—-$1,500,000. :
Outstanding—$765,000; e 5
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.: -
Trustee—Central Trust Co. of Illinois, Chicago.
Redeemable at 105 and interest on any interest
date. icon =
. Organization—Incorporated July 1, 1912,
taking over,.the. street, railway and electric
lighting systems in the city of Vicksburg, Miss.,
and suburbs. i
Secured by a first mortgage on plant supplying
electric light and power to Vicksburg, Migs. and
vicinity and. on street. railway, system, com-
rising 11 miles of track, Population, Vicksburg
1910) 20,814. Street railway franchises expire in
1948; lighting in 1946. Outside the city railway
has grant from the United States Government.
Underlies—$250,000 Deb. 63 due 1922. .. .
Net Earnings, 5/31/14 $76,263
MM GOP OSG ioe scage ca Face aiaiets seerenage: grates o) agisia 34,87,
Original Market—$600,000 offered July, 1912,
at 95 and interest by Chas. S. Kidder & Co.,
H. T. Holtz & Co., Hornblower & Weeks, Ft.
Dearborn Trust & Savings. Bank, Yard, Otis &
Taylor, Central Trust Co. of Illinois and Peoples’
Trust & Savings Bank, all of Chicago.
Market... « ‘ it
Chicago—Peoples’ Trust & Savings Bank,
Chas. Sv Kidder & Co., E. T. Konsberg & Co.,
Yard, Otis & Taylor, Central Trust Co. of IJi-
nois, Elston, Clifford & Co.
SHREVEPORT & PACIFIC
VICKSBURG, :
‘RAILROAD CO. Prior Lien 6s. Due Nov.
1,,1915.— F.
See Map 130.
Dated November 25, 1885. Interest payable
vay and Nov. 1, at Central Trust Co., New
ork. °
Authorized and Outstanding—$1,323,000.
Denomination—Coupon, $1,000. Registerable
as to principal...
Trustee—Central Trust Co., New York.
Organization, and Control—Incorporated in
Louisiana in 1901 as a reorganization of the
Vicksburg, Shreveport & Pacific By. Co. Con-
allied through ownership of 90% of its stock by
Alabama, New Orleans, Texas & Pac. Junction
Rys. Co., Ltd. Tis
Secured by a first mortgage at the rate of
$7,000 per mile, on (11) 188 miles of road from
Delta through Shreveport to Waskom, Texas.
Underlies—$1,922,000 ‘Vicksburg, Shreveport
& Pacific Ry. Gen. 5s of 1941, which provide to
retire this issue.
Legal for R. I.
te
i
1 i SE
Ve
Net Earnings, 6/30/14........... $368,509
Interest..........0.04 7 175,480
This issue.............--.000- asics 79,380"
Market. oA
. New _York—Coffin & Co., Freeman & Co.,
,Sutro Bros. & Co., Simon Borg & Co. *
Baltimore—Jenkins, Whedbee & Poe.
VICKSBURG, SHREVEPORT & PACIFIC
RAILWAY CO. Gen. 5s. Due May 1, 1941,
pee Map 180: oa : ss
Dated May 1,1901. Interest payable May and
Nov. 1, at Trustee’s office.
Authorized—$3,500,000. _ ‘
Outstanding—$1,922,000 including $1,613,000
owned by the A., N.O., T. & P.' Jct. Rys. Co.
Denomination—Coupon, $1,000. Registerable
as to principal. eee :
Trustee—Farmers’ Loan & Trust Co., New
York, bade
Control—See prior lien 6s. _
-. Secured by-a second mortgage, at the rate of
$10,200 per mile on (11) 188 miles of road from
Delta, La.,‘to Waskom,-Texas, subject to a
prior lien at the rate of $7,000 per mile.. . j
Prior Liens—$1,323,000: Vicksburg, Shreveport
& Pacific R. R. prior lien 6s of 1915, provision
for the retirement of which is made in this issue.
Listed on the New Orleans Stock Exchange. —
VICTOR-AMERICAN FUEL CO. Ist & Ref.
S. F. 6s. Due Feb. 1, 1940.—F.
Dated Feb.'1, 1910. ‘Interest payable Feb.
and Aug. 1, at Guaranty Trust Co., New York.
Authorized—$5,000,000.
Outstanding—$2,552,500. “yt
' Held in Sinking Fund—$120,500.
Held in Treasury—$563,500.
~ Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal or fully registerable
C. & R. interchangeable. ;
Trustee—Guaranty Trust Co., New York.
Redeemable at iit and interest on any interest
date upon eight weeks’ notice. -
Sinking Fund—Began July 1, 1911, and pro-
vides for payments of 2}4 cents per ton of coal
mined with 2 minimum payment of $50,000 per
annum for the purchase or redemption of these
bonds at not over 110 and interest.
Organization—Incorporated in Maine in 1909
and purchased ‘the properties of the Victor Fuel
Co. of Colorado and the American Fuel Co. of
New Mexico. The properties are located in
Fremont, Huerfano and Las Animas Counties,
Col., and McKinley County, New Mexico, and
are estimated to contain 543,462,000 tons of coal.
The company operates 10 mines: with ‘a com-
bined capacity of 12,000 tons per day and owns
445: coke ovens with an annual capacity of 180,-
000 tons., Also owns the entire $100,000 capital
stock and $300,000 bonds of the Colorado &
South Eastern R. R. Co. owning 15 mines and
leasing 15 miles of road, connecting miles at
Delagua and Hastings with the Colorado &
Southern, the Denver & Rio Grarde’'and the
Atchison, Topeka & Sante Fe Rys. :
Secured by a first mortgage on 19,835 acres of
coal land and by a second mortgage on 20,247
acres of coal land subject to the Victor Fuel Co.
1st 5s. : ‘ ‘ oe
Prior Lien—$1,800,000 Victor Fuel Co. 1st 53
of 1953 which this mortgage provides to retire.
Net Earnings, 6/30/13........... $584,002
Interest. .6.. 16. ee nee ene ee 227,008 |
Original Market—$2,100,000 offered in April,
1910, by Hayden, Stone & Co., New York and
Boston, and Guaranty Trust Co., New York, at
101 and interest.
Market.
New York—Hayden, Stone & Co.
(THE) VICTOR FUEL CO. ist S. F. 5s.
July 1, 1953.—N.
Due
Dated July 1, 1908. Interest payable Jan.
and July 1, at Trustee’s office. ;
Authorized—$2,000,000.
Outstanding—$1,800,000.
Retired by Sinking Fund—$200,000.
Penman on open $1,000. Registerable
as to principal or fully registerable. C. & R.
interchangeable. :
Trustee—Columbia Trust Co., New York.
Sinking Fund—Two cents per ton of coal mined
for the purchase or redemption of these bonds
at not over 105 and interest. *_
Control—Absorbed in’ 1909 by. the’ Victor-
American Fuel Co., for details see above.’
Secured by a first mortgage on 20,247 acres of
land owned in’ fee on all equipment valued at
$1,733,000 and by deposit with Trustee of all
outstanding $300,000 Colorado & Southeastern
Ry: Co. ist 5s.
Underlies—$2,552,500 Victor-American Fuel
Co. 1st & Ref. 6s of 1940, a sufficient amount of
which is reserved to retire this issue.
Net Earnings, 6/30/13........ - $584,002
‘Interest............ ‘ 227,008
This 1880 1.045 2 waite one saa a ace 91,100
Listed on the New York Stock Exchange.
Original Market—$2,000,000 offered in’ May,
1906, by Clark, Dodge. & Co., and Potter, Choate
& Prentice, New York, at 95 and interest.
Market.
New York—McGeorge & Vanderhoef, F. J.
Lisman & Co.,; Potter, Choate & Prentice, Clark,
Dodge & Co., Low, Dixon & Co., F. H. Hatch &
Co., Jones & Lanman,
VINCENNES ‘WATER SUPPLY CO. Ist 4s.
Due Jan. 1, 1919.—F. :
‘ Dated Jan. 1, 1899. Interest payable Jan. and
July 1, at Fidelity Trust Co., Philadelphia.
: Authorized and Outstanding—$250,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
garner estien— Incorporated: in Indiana in
Secured by a first mortgage on plant supplying
water to Vincennes, Ind. Population served,
14,000. Franchise expires in 1920.
Fer Market.
Boston—F. W. Mason & Co.
VIRGINIA & SOUTHWESTERN: RAILWAY
CO. 1st Cons. 5s. Due April 1, 1958.—F.
» See Map124. 9.
Dated April 29, 1908. Interest payable April
and Oct. 1, at Trustee’s office. © -
Authorized—$7,000,000. ve
. Outstanding—$5,000,000. SA te
Denomination—-Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples: C. & R. interchangeable.
Trustee—Guaranty Trust Co., New York.
Organization and Control—Incorporated in
Virginia in 1899 and is controlled through owner-
ship of its entire stock by the Southern Railway
0.
Secured by a second mortgage at the rate of
$26,400 per mile on (6) 189 miles of road from
Mountain City, Tenn., to St. Charles, Va., and
branches, subject to a prior lien at the rate of
$10,500 per mile.
Earnings—See ist 5s, 20038, below.
Prior Liens—$2,000,000 1st 5s of 2008 which
this issue provides to retire.
Listed on the New York Stock Exchange.
Original Market—Offered in Dec., 1908, ‘by
Redmond & Co., New, York, at 98 4 and interest.
arket.
New York—Redmond & Co., Strong, Sturgis
& Co., Spencer Trask & Co.
Villadelpbia—Mellat & Petry, E. W. Clark &
Oo. |
VIRGINIA & SOUTHWESTERN RAILWAY
co. ist 5s. Due Jan. 1, 2003.—F.
880
See Map 124,
Dated Sept. 18, 1902. Interest payable Jan.
and July 1, at Guaranty Trust Co., ae York.
Authorized and Outstanding—$2, 600,
Denomination—Coupon, $1,000. Reginterable
as to principal.
Trustee—Guaranty Trust Co., New York.
Control—See 1st Cons. 5s above.
Guaranteed as to principal and interest by the
Virginia Iron, Coal, & Coke Co.
Secured by a first mortgage | at the rate of
$10,500 per mile on (6)'189 miles of road from
Mountain City, Tenn., to St. Charles, Va., and
Moccasin Gap, Va., to Persia Jct., Tenn.
Underlies—$5,000,000 1st Cons. 5s of 1958,
which provide to retire this issue.
Net Earnings, 6/30/14........... $648,145
Interest eateh ee aS 375,469
This issue. soe aeee 125,469
Legal for California.
Listed on the Blew 3 York Stock Exchange.
arket.
ge York—Redment ‘& Co., Spencer Trask
0
VIRGINIA & SOUTHWESTERN -RAILWAY
CO. Series ‘‘E” Equip. 44s. Due $25,000
each May and Nov. 1st, to Nov. 1, 1921.—F.
Dated November 1, 1911. Interest payable
uy and Nov. 1, at Bankers’ Trust Co., New
ork.
Authorized—$500,000.
Redeemed—$175,000.
Outstanding—$325,000.
Denomination—Coupon,, $1, 000. ;
Trustees—Bankers’ Trust Co., New York.
Secured by an equipment agreement on 7
freight locomotives, 60 steel coal cars and 65
steel underframe box cars costing $640,850, of
which $140,850 was paid in cash.
Original Market—Offered in Oct., 1911, by
Potter, Choate & Prentice, New York, at prices
to yield 4.75%.
Market. .
New York—Potter, Choate & Prentice, Spen-
eer Trask & Co., Coggeshall & Hicks.
VIRGINIA & SOUTHWESTERN RAILWAY
CO. Series ‘‘F” Equip. 5s. Due $21,000
Dec. 15 and June 15 to June 15, 1923, in-
‘elusive.
Dated June 16, 1913. Interest payable June
and December 15, £. Trustee’s office.
~ Authorized—$425,000.
Outstanding—$359, 000
Balance Retired.
Denomination—Coupon, $1,000. z
Trustee—Bankers Trust Co., New York.
‘Secured by an equipment agreement cn 3
freight locomotives and 445 steel coal cars
Costing $500,230, of which the company paid
$75,230 in cash.
Original Market—Offered June 1913 by Pot-
ter. Choate & Prentice, New York, 54%%' ‘basis.
Market.
New York—Coggeshall & Hicks. %y
VIRGINIA & SOUTHWESTERN RY. Equip.
5s. Series ‘‘G.” Due $23,000 each Sept.
1 and $24,000 each March 1 to March 1
1921 and $23,000 each March and Sept. 1,
to March 1, 1924, inclusive.
Dated March 2, 1914. Interest payable
March and Sept. 1, at Trustee’s office.
‘Authorized—$467, 000. ‘
Outstanding—$420,000. :
Balance Retired.
Denomination—Coupon, $1,000.
Trustee—Guaranty Trust Co.
Secured by a first lien on two Mikado type
locomotives,, 650 fifty-ton steel double drop
bottom gondola coal cars and .one_ten-wheel
passenger locomotive, costing $550,346, of
which $83,346 was paid in cash by the Railway
Company.
Original Market—Sold by Potter, Choate' &
Prentice, New York in March, 1914, on 54%
asis. :
Mar t.
New Yori Carceene & Hicks.
VIRGINIA AIR LINE RAILWAY CO. Ist 5s.
Due May 1, 1952. —F.
“See Map 19.
' Dated May 1, 1907. cule — May
and Nov. 1, at Trustee’s office, New York.
‘Authorized—$900, 000.
: “Outstanding —$866, 000. -
Held in Sinking Fund--$34,0
Denomination—Coupon, $1, $00.
as to principal.
Trustee—Franklin Trust Co., Brooklyn, N. Y.
Redeemable at 110 and interest on any interest
date after four weeks’ notice.
Sinking Fund—$7,000. per annum, beginning
May 1, 1909, to be applied to the purchase of
these bonds at not'to exceed’ 110 and accrued
interest. Bonds so purchased to be kept alive
in the sinking fund and interest thereon added
to the fund.
Assumed by the C. & O. Ry. Co.
Organization. and Control—Incorporated. 2
1906 and was merged with the se, =
Ohio Ry. Co. by deed dated July 12, 1912. #
Secured by ‘first mortgage at the rate of $28,-
000 per mile on (13) 30 miles of road ording
from a connection with the Ches. & Ohio Ry. at
Lindsay to a connection with the James River
Div. of that road at Strathmore, Va.
Original eee Choate & Prentice.
t.
New York—Potter, Choate & Prentice, Kirk-
patrick & Lewis.
Registerable
VIRGINIA-CAROLINA CHEMICAL CO. Ist
15-Year 5s. Due Dec. 1, 1923.—F.
Dated November 2, 1908. Interest payable
June and Dec. 1, at Central Trust Co., New York.
Authorized—$15,000,000.
Outstanding—$13,200,000.
Cancelled by Sinking Fund—$1,800,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000, $5,000, $10,-
000. C. & R. interchangeable.
Trustee—Central Trust Co., New York.
Redeemable as 2 whole at 105 and interest on
any interest day on 30.days’ notice or any part
for sinking fund at 1024 and interest on two
weeks’ notice.
Sinking Fund—On the 1st of December each
year the company agrees to deliver to the
Trustee $300,000 of these bonds, or deliver an
amount of money sufficient to redeem at that
time $800,000 bonds at 10214 and interest.’ All
bonds retired to be cancelled.
Organization—Inco: fobrased in New Jersey
in 1895, and owns ali the capital stock of the
Southern Cotton Oil Co. and the Charleston
Mining & Manufacturing Co. Also owns a con-
trolling interest in the Einigkeit (Potash) Mei, and
the Chemical Works, Schonebeck, Ltd., both in
Germany, which cost the company over 33, 000;-
000 and owns the entire common stock of the
Consumers’ Chemical Corp. and guarantees 7%
dividend on its $500,000 preferred stock. The
latter com apeny is to erect a fertilizer plant at
Carteret,
Secured by a first mortgage on all its property,
lants, machinery, etc., and by pledge of its
boldings of stock in other companies at the date
of this mortgage and including the entire $10,-
000,000 capital stock of the Southern Cotton Oil
Co. and the entire a 219,200 capital stock of the
Charleston (S. C.) Mining & Manufacturing Co.
together, with a controlling interest in the Hinig-
keit (Potash) Co. and the Chemical Works,
Schonebeck, Ltd. | No mortgages, debentures,
881
notes, etc., can be issued by any of the above
companies, except purchase money bonds. or
notes for the acquisition of additional property.
The Southern Cotton Oil Co, owns and operates
cotton seed oil refineries at Charlotte, N. C.,
Augusta, Atlanta and Savannah, Ga. Mont-
gomery, Ala., New Orleans, La., Little Rock,
Ark. and Memphis, Tenn. Also owns over 82
Crude Oil Mills, 94 ginneries, seed houses, etc., and
over 350 tank cars, etc. The. Charleston Mining
& Manufacturing Co. owns in fee 68,352 acres
of phos whaitio lands and mineral: rights in over
6,000 additional acres, together with 64 miles of
railroad, mines and equipment. There is no out-
standing bonded indebtedness nor mortgage in-
debtedness on any of the property of the com-
pany. or its subsidiaries except the bonds of this
issue.
Underlies—$5,000,000 6%, Debentures.
Net Earnings, 5/31/14 heed eRe -$6,035,176*
ANCOrst 5 ve aieais scatodaes a es "682,500
*Before deduction of maintenance. Compares
with $4,934,000 in. 1912- ae oan an annual aver-
age for ten. years of. $5,123
Listed. on the New York, ‘Stock Exchange.
. Original. Market—$12, 000,000 offered in Nov.,
1908, by Blair & Co., and Hallgarten & Co., New
York, at 9444 and interest. »
“Market.
New York—Potter, Cheats & Prentice, Craw-
ford, Patton & Cannon, Bigelow & Co., Hall-
garten & Co., Blair & Co., Gude, Winmill & Co.,
McGeorge & *Vanderhoef.
- Chicago—First National Bank.
VIRGINIA CAROLINA CHEMICAL CO. 6%
._ Debentures. Due May 15,. 1924.—N.
Dated May 15, 1914. Interest payable
-April 15 and October 15, except that last install-
ment will be payable on May 15.
Authorized—$10,000,000.
:- Outstanding—$5, 000, 000:
Denomination—Coupon,
as to poner gemnieret, "$1, 000, $5,000 and
multiples of $5,0!
ee sala ae Trust. Co., New York.
Redeemable from October 15, 1916, or for the
sinking. fund on October 15, "1915, .or any interest
date to October 1, 1922, at "102 and interest, and
thereafter at par and interest.
Sinking Fund—2 4% per annum of outstand-
ing bonds, payable in cash, debentures or deben-
‘ture script.
_ Convertible after ten days’, notice in. writing
to. the company, on any- interest date up to
and including October 15, 1922, into common
stock of the company in the aes $110 of bonds
for each. $100 share of, stock. ,
cee direct obligation of the company
but not secured by a. mortgage. For a descrip-
tion of the property of the company’s earnings,
etc., see page 885.
Original Market—$5, 000 000 offered in, May,
1914, to the stockholders, at, par, and interest
in, amounts equal to, 10.42 of their stock.
The bonds .not taken by stockholders were
(offered in July, 1914, by Blair & Co. and Hall-
garten & Co., both "of New eae at. Pe and
1,000.- Registerable
interest. %
VIRGINIA IRON, CO COAL & COKE CO. Ist 5s.
Due March 1, 1949.—
Dated March 1, "1899, Interest payable March
and Sept. 1, at Bank of Manhattan Co., New
York. | , wo
Authorized— $10,000,000. ;
Outstanding—$4,787,000.
Cancelled—$4,793,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Bankers’ “Trust. Co., New York.
Organization—Incorporated in Virginia win
1899 as a consolidation of a number of iron in-
dustries of Southwestern Virginia. ‘The com-
oe was in the hands of receivers from, 1901 to
an, 1
‘ Secured by a mortgage on nine blast furnaces,
one bar iron plant, 985 coke ovens, 32,000 acres of
coal land owned in fee, mining rights in 48,000
additional acres in Virginia, 65,000 acres of ‘coal
lands in Kentucky and 40, 000 acres of ore land
in Tennessee.
Prior Honea 000 Carter Coal & Iron Co.
S. F. 5s due Oct. 1, 1938.’ Bonds are reserved
under this mortgage to retire’ that issue.
Net Earnings, 6/30/14........ e+ $512,110
Fixed charges................... 629,716
Listed on the New Loge Stk Exchange.
Market.
New York—L. M. Prince &'Co., Seasongood &
aas.
VIRGINIA MIDLAND RAILWAY co. 3d Serles
“C” 6s. Due March 1, 1916.—
See Map 120.
Dated March 1, 1881. Interest payable March
and Sept. 1, at Safe Deposit & Trust Co., Balti-
more.
Authorized and Outstanding—$1, 100,000:
Denomination—Coupon, $1,000, $500 and $100
Trustees—Guaranty' Trust. Co.; New ‘York,
J. Wileox Brown and Chas. Wehrhane. .. -
Secured by third mortgage at the rate of $6,-
600 per mile on (10) 183 miles of road from Alex-
andria to Lynchburg; Va., subject to prior lien
of past due bonds, deposited under the Southern
Rys. Co.’s First Consolidated Mortgage, at the
rate of $13,100 per mile. °
Prior Lien—$2,400,000: past due’ ‘bonds, ‘ de-
posited under South. Ry: -Co.’s 1st Consol. Mtge.
Underlies—About $138,000,000 Va. Mid. Ry.
Co. bonds and South. Ry. Co. First Consol.
Mtge. and Develop. & Gen. Mtge. bonds and
notes. :
Legal for Balt.
Listed on the New Yorke and Baltimore Stock
Exchanges.
Philadelphia—Geor § S$. ak & Sons.
- Baltimore—Jenkins,, Whedbee & Poe, Town-
send Scott & Son, Strother, Blodgen & Co.
Hartford—Roy~-P. Crary.
’ New!York—Wood,:Struthers & Co. .
Oana al Se
VIRGINIA MIDLAND RAILWAY CO. 4th
Series ‘‘D”’ 5s. Due March 1, 1921.—N.
See. Map 120.
Dated March 1, 1881. Interest payable March
and Sept. 1, at Safe Deposit & Trust Co., ae
more.
Authorized and Outstanding—$950,00
ace $1,000,
Trustees—Guaranty Trust Co., New. York,
J. Wilcox Brown and Charles Wehrhane.
. Secured by fourth mortgage on (10) 183-miles
of road from Alexandria to Lynchburg, Va., sub-
ject to priorliens at the rate of $19;700 per, mile.
These bands are outstanding at the rate of $5,200
per mile.
Prior Liens—$1,100,000 Virginia. , Midland
Third Series ‘“‘C’”’ 6s of i916 and $2, 400, 000 past
due bonds, deposited under South. Ry. "Cos.
~ Underlies—About $137,000,000 Va. Mid. Ry.
Co. bonds, South. Ry. Co. First Consol. and Dev.
& Gen. bonds and notes.
Listed on the New York and Baltimore Stock
Exchanges.
Philadelphia—Geo" s. ci & Sons, Chas.’ C.
Harrison, Jr., & Co.
Baltimore—Baker, Watts & Co., Jenkins,
Whedbee & Poe, Townsend Scott & Son, Sutton
& Co., Strother, Brogden &'Co.'
Hartford—Roy P. Crary.
VIRGINIA MIDLAND RAILWAY CO. 5th
Series ‘‘E” 5s. Due March 1, 1926.—N.
ts
a
‘3500 and
882
ne ep 120,
ate arch 1,1881. Interest payable March
and Sept. 1, at Safe Deposit & Trust Co mie
Authorized—$1,775,000.
Outstanding —$1,774,000.
tion Connon, $1,000, $500 and
Trustees—Guaranty Trust Co., New York.
J, Wilcox Brown and Charles Wehrhane.
Secured by a first mortgage on (11) 113 miles
of road from Manassas Jct. to Harrisonburg, Va.,-
and a fifth mortgage on (10) 183 miles of road
from Alexandria to Lynchburg, Va., subject to
prior liens at the rate of $24,900 per mile. | These
poe are outstanding at the rate of $6,000 per
mile.
Prior Liens—$4,450,000 Series ‘‘C’”’ and, ‘‘D”’
bonds and past due bonds deposited under First
Consol. Mortgage of South. Ry. Co. :
Underlies—$135,000,000 Va. Mid. Ry. Co.
bonds, South. Ry. Co. First Consol. Mtge. and
Develop. & Gen. Mtge. bonds and notes.
Listed on the New, York and Baltimore Stock
Exchanges. e
Market.
Baltimore—B. Warren Corkran & Co., Stro-
ther, Brogden & Co.
VIRGINIA MIDLAND RAILWAY CO.
Series ‘‘F’’ 5s. Due March 1, 1931.—N.
See Map 120. fee aft
Dated March 1, 1881. Interest payable
March and September 1, at Safe Deposit & Trust
Co., Baltimore.
Authorized and Outstanding—$1,310,000. .
ce CORP en $1,000, $500 and
Trustees—Guaranty Trust Co., New York,
J. Wileox Brown and Charles Wehrhane.
Organization and Control—Incorporated ‘in
Virginia in 1881 and in 1898 property was deeded’
to the Southern Railway Co. : :
. Secured by a first mortgage at the rate of
$18,100 per mile on (12) 72 miles of road from
Lynchburg to Danville, Va., and from Franklin
Jct. to Pittsville, Va.
Underlies—$135,000 Va. Mid. Ry. bonds,
South. Ry. Co. First Consol. Mtge. and Develop.
& Gen. Mtge. bonds and notes.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co. .
Philadelphia—Geo. S. Fox & Sons. :
Baltimore—Strother, Brogden & Co., Jenkins,
Whedbee & Poe.
VIRGINIA MIDLAND RAILWAY CO. Gen. 5s.
Due May 1, 1936.—N.
See Map 120.
‘Dated May 1, 1886. Interest payable May
and Nov. 1, at J. P. Morgan & Co., New York.
Authorized—$12,500,000.
Outstanding—$4,859,000. (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Central Trust Co., New York. :
Organization and Control—Incorporated in
Virginia in 1881 and in 1898 property was deeded
to the Southern Railway Company. |
_ Secured by a first mortgage on terminal road
in Alexandria, Va., a second mortgage on (11 &
12) 195 miles of road from Manassas Jct. to
Harrisonburg and Lynchburg to Danville, Va.,
subject to prior liens at an average rate of $10,000
per mile, and a sixth mortgage on (10) 183 miles
of road from Alexandria to Lynchburg, Va., sub-
ject to a prior lien at the rate of $30,900 per mile.
hese: bonds are outstanding at the rate of
$13,200 per mile. mes ’ bs
Prior Liens—$1,100,000 Virginia Midland Series
‘C’ 63 of 1916, $950,000 Series “D” 5s of 1921,
1,774,000 Series ‘‘E” 5s of 1926, and $1,310,000
eries “‘F”’ 5s of 1931, and $2,400,000 past due
883
6th
ewer deposited under South. Ry. First Consol.
tge.
Underlies—$130,000,000 South. Ry. Co. First
Consol. Mtge. and Develop. & Gen. Mtge. bonds.
Listed on the New York and Richmond Stock
Exchanges. j :
. Market. slabs
New York—Wolff & Stanley, Gude, Winmill
Co., Wm. A. C.
& Co., Effingham Lawrence &
Ewen. ‘ :
Baltimore—Baker, Watts & Co., J. D. Howard
& go~ Townsend Scott & Son, Jenkins, Whedbee
oe: .
Philadelphia—Geo. S. Fox & Sons, C. D.
Barney & Co.
Boston—Parkinson & Burr.
Hartford—Roy P. Crary.
VIRGINIA RAILWAY & POWER CO. 1st &
Ref, 5s. Due July 1, 1934.—F,
Dated July 1, 1909. Interest payable Jan.
and July 1, at New York.
Authorized—$15,000,000.
Outstanding—$12,825,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ; .
Trustee—Equitable Trust Co. of New York.
_ Redeemable at 105 and interest on any
interest date upon 60 days’ notice.
Sinking Fund—One-quarter of 1% payable
semi-annually, of outstanding bonds from Jan.,
1914, through Jan. 1, 1918, and one-half of 1%
thereafter’ to be applied to.the purchase or
redemption, of these bonds at not over 105 and
interest.’ Bonds so acquired to be held alive
and interest added to sinking fund.
Depreciation or Renewal Fund—Not less than
$100,000 annually until June, 1916.
- Organization—Incorporated in Virginia in
1909 as successor to the Virginia Passenger &
Power Co. sold at foreclosure. In July, 1911,
acquired the property of the Norfolk & Ports-
mouth Traction Co. and the lease to that com-
pany, of the Norfolk Ry. & Light Co. for 99
years from June, 1906. Also acquired the entire
$100,000 capital stock and $1,000,000 bonds of
the Norfolk & Ocean View Ry. Co. owning 19
miles of road and majority of capital stock of the
City Gas Co. of Norfolk. In 1914 the company
acquired the propefty of the former Richmond &
Henrico Ry. Co. at foreclosure sale., The V. Ry.
& P. Co. owns or controls through lease practically
the entire street railway, electric light and power
business in Richmond, Petersburg and Norfolk,
together with interurban lines. Also gas plant
in Norfolk and electric light plant in Suffolk, Vt.
eos railway property comprises 260 miles of
track. ;
Secured by a mortgage on plants supplying
electric light and power in Richmond and Peters-
burg, Va., street railway systems in these cities
and, interurban line connecting ‘them. The
property covered includes ‘rydro-electric plants
at Richmond and Petersburg. The oe
erties covered comprise about 111 miles of track.
The Manchester & Pétersburg Ry. franchises
aré perpetual. Principal railway frarichises in
Richmond expire in 1926'and 1931. Interurban
railway franchise expires in 1981. "Water power
rights are perpetual. Principal lighting fran-
chises in Richmond expire in 1927 and 1928 and
in Manchester in 1931. Lighting’ franchise in
Petersburg is Nagler Street railway franchises
in Portsmouth expire in 1926, 1927 and 1932 and
in Norfolk in 1944. Electric Lighting in Suffolk
expires in 1916. Gas in Norfolk is porpeah
Prior Liens—$32,000 Richmond Ry. & Elec.
Ast 5s of 1920. :
Funded Debt—On the property owned there is
also outstanding $5,526,000 Norfolk & Ports-
mouth Traction Co. 1st 5a of 1936 and $500,000
Norfolk & Atlantic Terminal 1st 5s ‘of 1929.
On property controlled there are outstanding
$4,500,000 bonds. : oy
Net Earnings, 6/30/14.....
Interest............
« $2,253,988
1,292,033
"781,949
Listed on the New York, Philadelphia, *Rich-
mond and Baltimore Stock Exchanges."' ''
Original Market—$2,600,000 itera in May,
1911, by Middendorf, Williams & Co., Balti-
more, Md., N. W. Halsey & Co., New York, and
Chandler Bros. & Co., Philadelphia; etc., at ‘97 ¥%
and interest.
Baltimore—Miadonnt "Williams & Co,
Sutton & Co., Nelson, Cook & Co., Lanahan &
Co., Howard R. Taylor & Co., Alex. Brown &
Sons, Mackubin, Goodrich & Co., Poe & Davies,
Walter Koppelman, Strother, Brogden & Co.,
Jenkins, Whedbee & Poe.
New Haven—(The) W. T. Fields Co.
‘New York—Penington, Colket & Co., N.°W:
Halsey. & Co., Bigelow & Co., F..H. Hatch & Co.,
A.B. Fitkin & Co., P. W. Brooks & ‘Co., Rauscher
& Childress, Chas. H. Jones & Co., John D. Cur-
tis & Co., Kirkpatrick & Lewis, H. D D. Robbins,
Tobey & "Kirk, Geo. H. Burr & Co.
Philadeiphia——Borden: & Knoblauch, Chandler
Co., 8. K. Phillips, Henry & ‘West, Robi. W.
Daniel & Co., Oscar R. Dare, Frazier & Co.,
Wistar & Stokes, Elkins, Morris & Co.
Chicago—N. W. Halsey & Co., Hulburd,
Warren & Chandler.
(THE) VIRGINIA-WI WESTERN POWER co. 1st
6s. Due July 1, 1933.—
Dated June 1, 1913. Interest payable Jan.
and July 1, in Chicago or New Yor eS
Authorized—$1, 500, Sea :
Outstanding—$417,0
Danbiniaaton—- Cottons $100, $500 and $1,000.
Registerable as to principal.
Trustee—Chicago Savings Bank & Trust Co.
and Harold T. Sibley, Chicago.
Redeemable at 105 and interest on any
interest date.
Snag ed Fund—Annually beginning Jan. 1,
1916, 5% of gross earnings for the past year.
Organization—Incorporated in West Virginia
in 1913, to take over four electric light and
power properties.
Secured by 2 first mortgage on one steam
generating plant at Clifton Forge, 1,400 h. p.
two hydro-electric plants, 1,000 h. p., at Buena
Vista and transmission lines and distributing
lines supplying electric ‘light and power to
Ciifton Forge, Buena Vista, Covington, Lexington,
Iron Gate, Va, and adjacent territory. Popu-
lation served 20,000. Franchises expire 19365,
1937, 1940 and 1943."
Underlies—$90,000 oi notes, 1916. :
Net Earnings, 12/31/14 fics ata hod a $28,242
TAXOS 230s opine he socerths wmep eer 6 yas 3,515
Original Market—$326, 000 offered July, 1913,
by the Chicago, Savings Bank & Trust Co.,
Chicago, and J. A, Clark & Co., New York, at
9944 and interest.
Market.
‘New York—J. A. Clark & Co., Beyer & Co.
'Chieago—Chicago, en nes Bank & Trust Co.,
Harris, Winthrop & Co.
VIRGINIAN POWER CO. 1st & Col. Trust ‘Ba.
Due Dee. 1, 1942.— :
‘Pennsylvania State tax refunded.
Dated Dec. 1, 1912. Interest payable June
1 and Dec. 1 in New York or London.
Authorized—$15, oy O00.
Outstanding—$3,.
Be eana eset ‘31, 000 or £205 9s 8d.
Registerable as to principal only. Registered,
same denominations.. C. & R. interchangeable.
Trustee—New York Trust Co., New York.
Redeemable as a whole, or in part by lot, at
105 and interest on any interest date.
Sinking Fund—Annually, beginning Dec. 1,
1917, an amount in cash or these bonds at cost,
*
but not exceeding 105, equal to 1%, of bonds
outstanding; to be applied to retirement of these
on
Organization—Incorporated in, Massachusetts
in 1912.
. Secured by a first mortgage on steam ‘generat-
ing plant at Cabin Creek ‘Jct., W. Va., and 130
miles of transmission lines and_a first lien on all
of ‘the stock of the New River Power Co., which
owns water powers in West Virginia, and on all
of the stock of the Dominion Power Co. of Va.
The company has contracts to oeupnly tae 128 mines
in the vicinity of Charleston, W. Va., with power.
' Original, Market—Offered in June, 1914, by
A. B. Leach & Co., New York, at 90 arid interest
with a 30% bonus of common stock.
Market.
New York—Howe, Norris & Co.
ie Boston: Salers Phillips & Co., A. B. Leach
‘0. :
Grand Rapids—Howe, Snow, Corrigan &
Bertles.
VIRGINIAN RAILWAY CO. 1st 5s. Due May
1, 1962.—F.
See Map 89. ce aig ae
“Dated May 1, 1912. Interest payable May
and Nov. 1, at ee ‘ office.
Authorized—$7 5,000,000.
“ Outstanding—$27, 000, 000 (Series ‘‘A’’)
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to pencrel: Registered, $1,000,
$5,000 and $10,000. C. & R. interchangeable.
yatastee—Farmers’ Loan & Trust Co., New
ork.
Redeemable as a whole at 110 and interest on
four weeks’ notice. i ls
Organization—Incorporated in Virginia, Feb.,
1904, under the name of the Tidewater Ry. Co.
Present name adopted in 1907. Also owns the
oe capital stock of the Virginia Terminal
Ry. Co. and the Norfolk Terminal Ry. Co. and
leases the property st the former company for
99 years from May, 1907. Also leases the prop-
erty of the latter company jointly with the
Norfolk & Western Ry. Co. and the Norfolk
Southern R. R. Co.
Secured by first mortgage on (6) 470 miles of
road from Boush Creek near Sewalls Point, Nor-
folk County, Va., to Deepwater in Fayette
County, W. Va., together with branch from Mul-
lens to Pemberton, W. Va., and smaller branches.
These bonds are outstanding at the rate of $57,-
400 per mile. Further secured by deposit of
entire $500,000 capital stock and entire $3,000,-
000 1st 5s of the Virginia Terminal Ry. Co., own-
ing extensive terminal property at Sewalls Point,
and by deposit of $253,000 capital stock of the
Norfolk Terminal Ry. Co., owning terminal
property at Norfolk, Va. On this latter property
there is outstanding $1,000,000 1st 5s, due 1961,
and guaranteed as to principal and interest by
lessors mentioned above.
Reports for years ended June 30:
1914 1918
$6,340,079 $5,842,584
Net Income. 2,409,070
Interest........... 1, 390, 631
Listed on the New York and London Stock
Exchanges.
Original Market—$25,000,000 offered in 1912,
at 99 and interest by the National City Bank,
Kissel, Kinnicutt & Co., N. W. Halsey & Co., o
New York; Drexel & Co., Philadelphia, and oe
Higginson ’& Co. of Boston.
Market.
New York—Lee, Higginson & Co., N. W. Hal-
sey & Co., Coffin & Co., Curtis & Sanger, White,
Weld & Co., H. N. Whitney & Sons, Hornblower
& Weeks, Blodget & Co., Kissel, Kinnicutt & Co.,
yendergart Hale & Co., Beyer & Co., Low, Dixon
Co., H. P. Taylor & Co., McGeorge & Vander-
hoef.
‘ Baltimore—Sutton & Co., Howard R. Taylor
Gross Earnings
884
& Co., Strother, Brogden & Co., Nelson, Cook &
Co., J. S. Wilson, Jr., & Co., Jenkins, Whedbee &
Poe, Walter Koppelman,
_ Boston—E. M., Farnsworth & Co., Lee, Hig-
ginson & Co., Hornblower & Weeks.
Philadelphia—Mellor & Petry, E. W. Clark &
Co., Elkins, Morris & Co., S. K. Phillips, Graham
& Co., C. D.,Barney & Co., Reed & Huntoon.
Chicago—Northern Trust Co., Union Trust,
Co., Kissel, Kinnicutt & Co. ee aie
St. Louis—Francis Bro. & Co. Wm. R.
Compton Co., Bowman, Cost & Co., John
Nickerson, Jr. | ; ;
Pittsburgh—Moore, Leonard & Lewis, H. P.
Taylor & Co., : :
Buffalo—H. P. Taylor & Co. :
Albany—John J. Hart.
Hartford—F.'R. Ceoley.
VIRGINIAN RAILWAY CO. 5% 1st Lien Equip.
Notes, Series ‘‘A.”” Due $188,000 May Ist
each year and $187,000 Nov. lst each year
to Nov. 1, 1918, inclusive.—F.
Dated November 1, 1908. Interest payable
May and Novy. 1, at. Trustee’s office. ~
885
Authorized—$3,750,000.
Redeemed—$2,438,000.
Outstanding—$1,312,000. ae
Denomination—Coupon, $1,000. Registerable
as to principal. |"
Trustee—Equitable Trust Co., New York.
Redeemable as a whole at 105 and interest on
any interest date on 60 days’ notice. ok
Secured by a first lien on 40 locomotives, 41
passenger, baggage, mail and express cars, 1,400
box, stock and flat cars, 1,500 steel gondola coal
cars, 417 hopper coal cars, 29 cabooses and three
barges, costing $4,500,000, of which $750,000
was paid in cash by the company. i
Original Market—Offered in 1908, by Red-
mond & Co., New York, at prices to yield 444%
to 534%, according to maturity.
Market.
New York—Struthers & Hiscoe, Farson, Son
&'Co., Freeman & Co., Redmond & Co., Swart-
wout & Appenzellar, Coggeshall & Hicks.
Philadelphia—Reed A. Morgan & Co., E. W.
Clark & Co., Henry & West, Graham -& Co.,
W. H. Newbold’s Son & Co. 4
Baltimore—J. S. Wilson, Jr., & ‘Co.
WV
WABASH-PITTSBURGH TERMINAL RAIL-
_WAY CO. 6% Receivers’ Certificates. Due
Feb. 1,°1914. Principal unpaid.—N.
Dated Feb. 1, 19138. Interest payable Feb. 1
and Aug. 1, at Guaranty Trust Co., New York.
Authorized—$973,000. :
_, Outstanding—$973,000—Issued under author-
ity of the District Court of the United States for
Western District of Pennsylvania.
Denomination—Coupon, $1,000 and multiples.
. Redeemable at the option of the Receiver on
Aug. 1, 1918, at par and ‘accrued interest on
notice to the Guaranty Trust Co., of New. York,
onor before June 15, 1913. ater
» Secured by order of the court on all the prop-
erty of the company. They are prior in lien to
the outstanding bonds of the company and
secured by a first mortgage on the property of the
company. For description of property see 1st 4s.
Underlies—$30,236,000 1st 4s due 1954 and
$20,000,000 2nd Income 4s due. 1954. :
_ Original Market—$973,000 offered in Jan.,
913, at par and interest by the Guaranty Trust
Co., Bankers’ Trust Co., and Sutro Bros. & Co.,
all of New York.
WAY CO. Ist 4s.
See Map 126.
Receivership and foreclosure.
Dated May 10, 1904. Interest payable June
and Dee. 1, at Trustee’s office, New York. June
1, 1908, and subsequent coupons in default.
Authorized—$50,000,000.
Outstanding—$30,236,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000 and multiples.
C. & R. interchangeable.
Trustee—Bankers’ Trust Co., New York.
Control—Incorporated in May, 1904, as a
consolidation of the Pittsburgh, Toledo & Western
R. R. Co., the Cross Creek R. R. Co., and the
Pittsburgh, Carnegie & Western R. R. Co. Owns
the entire stock of the Pittsburgh Terminal R.
R. & Coal Co. and a majority of the stock of
Wheeling & Lake Eire R. R. Co. Entire stock
of Wabash-Pittsburgh Terminal Ry. is owned by
the Wabash R. R. Co.
Receivership—In May, 1908, company was
placed in the hands of Receivers and in Jan.,
1913, the Courts ordered the foreclosure sale of
the property with an upset price of $6,000,000.
_ Secured by a mortgage, subject to outstand-
ing Receivers’ Certificates, on all the property
of the company, including (8) 60 miles of
double track between Pittsburgh, Pa., and
Pittsburgh Junction, Ohio, and terminal property
in Pittsburgh, Pa., comprising freight and pas-
senger stations, buildings, shops, etc., also
further secured by a first lien on 8,475 shares first
preferred stock, 64,238 shares second preferred
stock: and 118,700 shares common stock of the
Wheeling & Lake Erie R. R. Co.
Net Earnings, 6/30/14........... 164,909
Interest on Receivers Ctfs....... 225,686
_ Listed on the New York Stock Exchange (Cer-
tificates of Deposit).
Original Market—Offered in 1904 by. Clark,
Dodge & Co., New York, at 91}4 and interest.
Market.
New York—H. P. Taylor & Co.
Chicago—M. T. Leonard & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
WABASH-PITTSBURGH TERMINAL RAIL-
WAY CO. 2nd Income 4s. Due June 1,
1954.—F.
See Map 126.
Receivership and foreclosure.
Dated May 10, 1904. Interest was payable,
if earned, until June, 1910, and thereafter as a
fixed charge. None has been paid to date.
Due June 1, 1954.—F.
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000 and multiples.
C. & R. interchangeable. :
_ Trustee—Equitable Trust Co., New York.
Control, etc.—See 1st 4s. ;
Secured by mortgage on (8) same property
and collateral covered by the lien of the 1st 4s of
4, :
Prior Liens—$973,000,6% Receiver Cer-
tificates due Feb. 1, 1914 (principal unpaid) $433,-
7712 6% Receivers. Certificates due March 11,
1914 ‘(principal unpaid)‘ and $989,110 6%
Receivers Certificates due June 1, 1914.
So
WABASH-PITTSBURGH TERMINAL RY.6%
Receivers Equipment Certificates. Due
June 1, 1914. | 3.8 ‘
Dated June 2, 1913. Interest payable June
dnd Dee. 1, at Guaranty Trust Co., New York.
Authorized—$989,110.
, Outstanding—$989,110. . a
* Denomination—Coupon, $1,000.
Redeemable on Dec. 1, 1918, or the 1st day of
Fatia
—— -_ any month thereafter at par and interest on 30
WABASH-PITTSBURGH TERMINAL RAIL-
days’ notice to the Guaranty Trust Co.
Issue was approved by District Court of U. s.
for West Dist. of Penn. and proceeds used to re-
tire $969,327 6% Receivers Certificates which
matured June 1, 1913.
Secured by first lien on 1,000 steel cars and
equally with other outstanding Receivers Cer-
tificates on all property of company, except equip-
ment covered specifically by such certificates.
Underlies— 30,286,000 ist 4s due 1954, and
$20,000,000 2nd Income 4s due 1954.
WABASH RAILROAD COMPANY. nd
Incorporated in Michigan, Ohio, Indiana,
Illinois and Mississippi in 1889. The company
owns 2,035 miles of road from Toledo, Ohio, via.
St. Louis to Kansas City Mo.; Toledo to Chi-
cago, Ill.; Detroit, Mich., to New Haven, Ind.;
Chicago to Effingham, Ill.; Decatur to E.
Hannibal, Ill.; Moberly to Ottumwa, Ia.; and
branches, and operates jointly with other road,
475 miles, including lines into Omaha and Des
Moines, from Detroit to Buffalo, through
Southern Ontario, and other lines. 422 miles
of the total operated are double tracked.
e Wabash R. R. Co. owns all of the stock of
the Wabash-Pittsburgh Terminal Ry. Co.,
which controls the Wheeling & Lake Erie R. R.
Co. All three companies are in the hands of
receivers. A plan for the reorganization of the
Wabash R. R. Co. has been submitted to the
Public Service Commission of the various states
which has been approved by the various protec-
tive committees, and underwritten by Kuhn,
Loeb & Co. The plan provides for the issu-
ance of the following new securities:
(1) $46,200,000 profit-sharing 5% non-cumu-
lative preferred A stock. After payment of 5%
dividends on the common stock, the profit-shar-
ing A stock shall be entitled to receive addi-
tional dividends at the same rate as any further
dividends may be declared on the common stock.
In liquidation this issue has preference over all
other classes. 7
(2) $48,720,000 convertible non-cumulative
preferred B, dividends limited to 5%. This
stock after Aug. 1, 1918, can be converted into
profit-sharing preferred A and common stock at
the rate of $50 profit-sharing preferred A and
$50 common for each $100 of preferred B.
(3) $48,540,000 common stock. In addition
to these amounts there may be issued further
amounts of stock, but in no event to exceed
$5,000,000, as may be necessary to make pro-
vision for unsecured claims against the company.
No account is taken of this as yet undetermined
requirement in stating figures of capitalization
886
or in comparisons with the capital outstanding
before reorganization. ave :
(4) $1,500,000 4% gold notes bearing’ interest
from May 1, 1915, and maturing not later than
May 1, 1920, to be issued to the committee rep-
resenting the old 414% extended notes. ‘
. Holders of the $40,600,000 first refunding and
extension 4% bonds, with ‘all matured coupons,
except coupon of Jan. 1, 1912, which was paid
in cash, in consideration for underwriting assess-
ments and agreeing to purchase the untaken part
of the profit-sharing preferred A stock offered to
stockholders will receive 120% of the par value
oP A Ealaree in new 5% convertible preferred
stock. 2 mer
Holders of the old $39,200,000 preferred stock
upon payment of $30 per share and the surren-
der of their stock, will receive 50% of the par
value of their holdings in new profit-sharing pre-
ferred A stock and 50% in new, common stock.
Holders of $53,200,000 old common stock will,
upon payment of $30 per share and surrender of
their stock, receive 50 % of the par value of their
holdings in new profit-sharing preferred A and
45% in new. common stock. 5
The schedulé of distribution will therefore
appear as follows upon payment of $30 per share
assessment by old preferred and common stock-
holders: Convertible Pfd. B
To holders of: oe PS Amount
First refunding 4 % bonds $40,- i :
600,000...... qrcttceeeees 120 $48,720,000
: Prof.-Shar. Pfd. A
fo sevigee WP ' Pp. C.',' Amount
Preferred stock $39,200,000... 50 $19,600,000
Common stock $53,200,000.,. 50 26,600,000
ET OG ola sya epese cegarsacvexdade des aides $46,200,000
eS 3 : Common Stock,
P. Cc. Amount
Preferred stock $39,200,000... 50 $19,600,000
Common stock $53,200,000... 45° 23,940,000
Total...... re Roe ual a ih $48,540,000
In addition, holders’ of first refunding and ex-
tension bonds who. assent to the plan and
discharge the’ underwriting obligation, ‘will
be entitled to receive in gash, if not heretofore
advanced, the face amount of the ‘coupon, due
Jan. 1, 1912, together with interest at the rate
of 6% per annum; and holders of such bonds
as have received the face amount of a coupon,
will be released from all the obligation to repay
the amounts so advanced. : a
After this reorganization the company will
have outstanding about $104,000,000 bonds, se-.
les of road’ owned at the:
cured on the 2,035 mi
rate of $51,100 per mile. — ‘
; Report years ended June 30, | .
: + "4918-14. 7912-18
Gross Earnings .. $30,035,750 $31,769,287
Net Earnings... .”’, ‘5,718,055 7,075,797
Net Interest. ||| 47 97g93'803 | 4,286,690
Int. on Rec. Ctfs. '844,518 - — 679,861
‘Interest on Bonds‘ 3,157,623 3,396,171
Miscellaneous.... 1,275,755 20,565.
Deficit........ s ‘$2,584,087 $376,332
WAEASH RAILROAD CO. 1st 5s. Due May 1,
See Map 126. a
Dated May 1, 1889, Interest payable May
and Nov. 1, at Trustee’s office. Pie to
Authorized—$34,000,000. a
Outstanding—$33,900,000.
Denomination—Coupon, $1,000.
as to principal. ;
Trustee—Central Trust Co., New York.
Note—The reorganization plan (see above)
leaves these bonds undisturbed. ; ~
Secured by a first mortgage at the rate of
$22,900 per mile on (1) 1,479 miles of road from
Toledo. Ohio, to ‘East Hannibal, Ill., Bluffs to
Registerable
Camp Point, Ill, Delray, Mich., to Butler, Ind.;
Chicago & West Ind. Jct. to Effingham, ''Ill.,
Shumway to Altamont, Ill., Decatur to East St.
Louis, Ill., Clayton to Elvaston, IIl., St. Louis to
Harlem, Mo., St. Louis to Ferguson, Mo., Mo-
berly, Mo., to Ottumwa, La., Fairbury Junction
to Streator, Ill., Edwardsville to Edwardsville
Crossing, IIl., ‘Salisbury to Glasgow, Mo., and
Brunswick to Chillicothe, Mo.; and by second
mortgage on (2)'22 miles from Centralia to Colum-'
bia, Mo. Further secured by leasehold interest
in 41 miles and terminals at Detroit, Chicago,
Hannibal, Quincy'and Kansas City and bridge
over the Missouri River at Hannibal. :
Prior Liens—$200,000 Columbia & St: Louis
R. R. 1st 45 of 1942. - :
‘ Underlies—$14,309,000 6% Receivers —Cer-
tificates due 1914, $14,000,000 2nd 5s due 1939,
$1,256,000 ‘Income Deb. 6s''due 1939 and
$40,600,240 1st Ref. & Ext. 4s due 1956, a like
amount of which are reserved for the retirement
of this issue. a
Legal for Cal:, Me. and Mo.
Listed on'the New York Stock Exchange.
: . . ~ Market. ;
New York—J: S. Bache & Co., Korn, Lehman
& Co., Struthers & Hiscoe, F. J. Lisman &'‘Co.,.
Coffin &,Co:,°L. .M. Prince & Co.:; Newborg & .
Co., Sinfon Borg & Co., Gilman & Clueas, Her-
Tick & Bennett, Hartshorne & Battelle; Plymp-
ton, Gardiner & Co., H. P. Taylor & Co., Leon-
ard'F. Hepburn, Gude, ‘Winmill & Co., Tobey &
Kirk, Seasongood & Haas, Denny, Pomroy & Co.
Philadelphia— Mellor & Petry. .
Pittsburgh—H. P. Taylor & Co.’ ,
Buffalo—H. P. Taylor & Co.
WABASH RAILROAD CO. 2d 5s. Due Feb. 1,
388 —N. : a
~See Map 127. ''
Dated February 1, 1889.’ ‘Interest’ payable
Feb. and Aug. 1, at Central Trust Co., New York.
Authorized and: Outstanding—$14,000,000:
Denomination—Coupon, $1,000. Registerable:
as to principal. _ . ‘
Trustee—Metropolitan Trust Co., New York.
Note—The reorganization plan (see above)
leaves these bonds undisturbed. ‘Except for ‘the
$1,256,000 Debentures and $1,500,000 notés this
mortgage becomes the junior bond'issue of the
company: > ox .
Secured by a secdnd mortgage at the rate of
$13,800 per mile on (2) 1,008 miles of road from
Toledo, Ohio, te’ East Harinibal, Ill., Bluffs to
Camp Point, Ill., Delray, Mich., to Butler, Ind.,
Chicago & West Ind. ‘Jct. to Effingham, Ill.,
Shumway to Altamont, Ill., Decatur to E. St
Louis, Ill, Clayton to Elvaston,' Ul., Fairbury
Jet. to Streator, Ill., and Edwardsville to Ed-
wardsville Crossing, Ill,, subject to‘a prior lien
at the'rate of‘ $22,900: per mile and a first‘lien
on leasehold interests of'the company in the ter-
minals at' Detroit, Chicago, ‘Hannibal and Quincy,
and in the bridgé’ dcross the Mississippi River at
Hannibal, subject to the First Mortgage 5s. |
ast a ee Wabash Ast. 5s of,
--Underlies—-$14;309,000 Receivers’ Certificates;
$1,256,000 Wabash Debenture 6s, due 1939, and
$40,600,240 Wabash Ist. Ref. & Exten. 4s of
1956,' which latter provide for the retirement of:
this issue. a tre =
Listed on the New ice Stock Exchange.
ae ‘arket. i aL
New York—Coffin & Co., Freeman & Co.,
F. J. Lisman & Co., L. M. Prince & Co., Newborg:
& Co.; McGeorge & Vanderhoef, Foster & Adams,
E. & C. Randolph, J. 8S. Bache & 'Co., Strong,
Sturgis & Co. i eae ©
“wade ~*
WABASH RAILROAD CO. Deb. ‘‘B” 6s
July 1; 1939.—N. !
See Map 127. é
Dated July 1, 1889. Interest payable Jan _
Due
887
~
and ei 1, from net ncome. Last payment
3%. in 1 ;
Authorized —Series “A,” $8,500,000; conee
“B,” $26,500,000. a
Outstanding—Series “B, nf $1,256,000.
All of Series “A” and $2 5,244, 060 Series “B”
bonds have been exchanged. for the Wabash
R. R. 1st Ref. & Extn. 4s, These bonds ‘are
held alive by the Trustee for that issue. These
bonds will probably be cancelled when the Ist’
Ref. Extn. bonds are exchanged for stock.
Denomination—Registered, Bs 000. ;
Trustee—Bankers’ Trust Co., New York.
Note—Under the reorganization (see abave)
‘these bonds remain undisturbed. They become
virtually the junior mortgage of, the company,
Voting Power—Each $1, 000° bond is entitled’
to 10 votes. ..
Secured by a second mortgage on Ww 471 miles
from St. Louis - a8 Harlem, Mo., St. Louis to
Ferguson, Mo., Moberly, Mo. to Ottumwa, Ia.,
Salisbury to Giaseaw, Mo., and Brunswick to
Glasgow, Mo., subject to a prior lien at the rate
of $22,900 per: "mile, a third mortgage, on (2) 1,030
miles of road ‘(for details see 2d 5s above) sub-
ject to prior. liens at. the rate eh 700 per, mile.
Prior Liens—$200,000 Columbia .& St. Louis,
1st 4s, due 1942, $33,900,000. Wabash 1st 6s,.
due’1939 and $14, nee 000 2nd 5s, due 1939.
Underlies—$14, 9000 Receivers’ Certificates
due 1914 and sion 660, 240 Wabash R. R. lst,
Ref. & Extn. 4s, due 1956, which provide for the
retirement of this issue.
Listed, $1,104,000 Series “B” on che: New York
Stock Exchange. ‘
Market. 5
New York—F. J. Lisman & Co. as K. Rice,
Jr, & Co. :
WABASH RAILROAD CO. Des Moines Div.
lst 4s. Due Jan. 1, 1939.—
See Map 126.
Dated January 1, 1899. Interest payable
January and July 1,.at ‘Trustee’ 8 office.
Authorized and Outstanding—$1,800,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York,
Secured by a first mortgage at the rate of
$16,800 per mile on (3) 95 miles of road from
Moulton at Chesterfield, near Des Moines, Iowa,
and by pledge of $50,' 000 capital stock of the Des
Moines Union Ry. and entire stock of the Des
Moines & St. Louis R. R. ahd Moulton, Albia &
Des Moines R. R. companies.
Underlies—$14,309, 000 Receivers’ Certificates
and $40,600,240 Wabash R. R. 1st Ref. & Extn.
4s due 1956, a like amount of which are reserved
to retire this issue.
Legal for Me. and M
Listed on the New York Stock Exchange.
Market.
New York—Plympton, Gardiner & Co., Foster
& Adams, F. J. Lisman Co, E. I. Frost,
Coffin & Co., Newborg & Co. <
WABASH RAILROAD CO. Detroit & Chicago
Extension Ist 5s. Due July 1, 1941.—N.
See Map f 26.
Dated July 1, 1891. Interest payable Jan.
and July 1, at en ‘Trust Co., New York,
Authorized—$3,500,0'
Outstanding—$2, 831,0 00. ;
Retired by Sinking Fund—$669, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Central Trust Co.,, New York and
Charles B. Stuart.
Redeemable for enki fund at 110.
Sinking Fund—Annually 2% of the bonds
outstanding, or entire net earnings of the line
after interest charges, if less than 2%, to be
applied to the purchase or redemption of these
bonds at not exceeding 110.
Secured by a first mortgage at the rate of
$19, 700 per mile on (5) 150 ‘miles of road from
Montpelier, Ohio, to Clarke J et., connecting with
C. & W.l. R. R. into Chicago.
Underlies—$14, 309,000 peers oe
$3,000,000 Wabash R. R., Toledo & Chicag 0,
Div. Ist 5s of 1941, and ‘$40,600, 240 Ist Ret.
& Extn. 48 of 1956,. which latter provides for the
retirement of this issue. :
Legal for, Me. and Mo. :
Listed on the New "York Stock Exchange!
Market.
New York—Jas. B. Colgate & Co., Newborg &
Co., Strong, Sturgis & Co., Foster & Adams,
Gilman & ‘Clucas, Percy ‘H. Bradshaw, J. H.
Becker & Co.
WABASH RAILROAD CO. Toledo & Chicago’
. _ Div. 1st 4s. Due March 1, 1941.—F.
See Map 126.
Dated, sone 1, 1901. Interest parable March
and Sept. 1, at ‘Equitable Trust Co., New York.
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Columbia Trust Co., New ‘York,
and William V. Stuart.
Secured by mortgage on, 225 ‘miles’ af the
rate of $13,350 per me being a first mortgage on
(4) 75 miles of road from Maumee to Montpelier,
O. and from Butte to New Haven, = Ind,,
and a second mortgage on (5) 150 miles of road
from Montpelier, O., to Clarke Jet., Ind., subject
to a prior lien at the rate of $19,700 a mile.
Prior .Lien—$2,948,000 Wabash R. R.-Detroit,
& Chicago Extn. 1st Bs of 1941.
Gnd eres at 309, 000 Receivers’ Certificates
and $40,600,240 Wabash R. R. 1st Ref. & Ext.
4s, due 1956, a like amount of which are reserved
for the retirement of this issue.
Legal for California.
Listed on the New care Stock Exchange.
arket.
New York—Korn, Lehman & Co., Wolff &
Stanley, F J. Lisman & Co., Ambrose R. Clark,
McGeorge & Vanderhoef.
_Baltimore—Middendorf, Williams & Co, °
WABASH RAILROAD CO. Omaha Div. Ist
3}4s. Due Oct. 1, 1941.—F.
_ See Map 126.
‘Dated etsber: 12, 1901. Interest payable
April and Oct. 1, at Equitable Trust Co., N. Y.
‘Authorized—$3, 500,
Outstanding—$3, i73, 0005 (Closed mortgage).
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustees—Equitable Trust Co., New York
and John D. Davis.
Secured by a first mortgage on (6) 144 miles
of road from Pattonburg, Mo., to Council
Bluffs, Iowa, at the rate of $22,200 per mile.
Underlies—$14,309,000 Receivers’ Certificates
and $40,600,240 ‘Wabash R. R. 1st Ref. & Extn.
4s of 1956, which provide for the retirement of
this issue.
Legal for Me. and Mo.
Listed on the ee York Stack Exchange.
New York—Wolff i: Btsniey, Struthers & Be
coe, J. K. Rice, Jr., & Co., Foster & Adams, F
Lisman & Co., Coffin & Co., Newborg & Co.
WABASH RAILROAD CO. Ist Lien Terminal 4s
Due Jan. 1, 1954.—
Dated January 1, 1904. _ Interest payable
aan and July 1, at Bankers’ Trust Co., New
or!
Authorized—$10,000, oe .
Outstanding—$3,555, :
Held in Treasury. $368, 909...
Denomination—Coupon, $1, 000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C. & R. interchangeable.
888
Trustee—Equitable Trust Co., New York,
Wm. K. Bixby, St. Louis, and Charles N. Trav-
ons, Edwardsville, Ill.
Note—The reorganization plan (see ‘Report
Description” above) leaves this mortgage undis-
turbed.
Secured by first mortgage on terminal pro-
rerties in St. Louis, including real estate tracks,
freight houses, warehouses, etc., terminal prop-
erty in Quincy consisting of land, passenger
depot, freight house, tracks and other improve-
ments and land in Chicago with improvements,
consisting of tracks, turntable, engine house,
repair shop, etc., the cost of the entire property
being equal to the amount of outstanding bonds.
Underlies—$14,309,000 Receivers Certificates
and $40,600,240 Wabash R. R. 1st Ref. & Extn.
4s due 1956, a like amount of which are reserved
to retire this issue.
Listed on the New bts Stock Exchange.
arket.
New York—McGeorge & VWanderhoef, F. J.
Lisman & Co.
WABASH RAILROAD CO. 1tst Ref. & Ext. 49.
Due July 1, 1956.—F.
See Map 126.
Dated July 1, 1906. Interest payable Jan.
and July 1, at Equitable Trust Co., New York.
Wan. 1, 1912, Coupon and subsequent interest in
efa
Authorized—$200,000,000.
Outstanding—$40,600,240.
In Treasury—$1,321,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples. C.& R. interchangeable. -
Trustees—Equitable Trust Co., New York,
and James B. Forgan, Chicago.
Protective Committees—Winslow S. Pierce,
Chairman, Robt. Goelet, B. M. Baruch, A. W.
Krech, Robt. Fleming, T. H. Hubbard and J.
Luden. Depositary Equitable Trust Co., New
York. J. N. Wallace, Chairman, H. R. Carse,
John J. Mitchell, R. L. Montgomery, H. K.
Pomroy, Wm. A. Read, J. H. Smith, A. M.
White, W. V. King and A. H. Wiggin, Depositary
Central Trust Co. :
Note—The reorganization plan (which see
under “Report Description” above) provides
me phe exchange of these bonds for preferred
stock.
Secured by general mortgage upon 1,999 miles
of road at the rate of about $20,300 per mile,
being a first lien on 26.5 miles from Attica to
Covington, Ill., and Sidney to Champaign,. IH.,
and a general lien on the balance subject to prior
bonds outstanding at the average rate of $35,000
per mile. The issue is a general mortgage upon
the mileage covered as a first lien by the Wabash
R. R. 1st 58 (Also the 21.6 miles of second mort-
gage and leasehold interests), Des Moines Div.
ist 4s, Detroit & Chicago Ext. 1st 58, Toledo’ &
Chicago Div. ist 4s, Omaha Div. 1st 3}4s' and
1st Lien Terminal 4s described above and upon
securities pledged under Coll. Notes above.
Further secured by deposit with the Trustee of
$3,500,000 (entire issue) Wabash R. R. Deb. “‘A’”’
6s and $25,223,000 Wabash R. R. Deb. “B” 6s,
$45,000 stock of the Union Depot Co. of Kansas
City, $7,800 stock of the Hannibal Union Depot
Co., $20,000 stock of the Keokuk Union Depot
Co., $729,700 stock of the St. Louis, Council
Blufis & Omaha R. R. Co., and $200,000 stock
of the Lake Erie Transportation Co. :
Reorganization—-The Reorganization plan for
the Wabash R. R. Co., as submitted to the vari-
ous railroad commissions provide for the exchange
of these bonds for 100% of new 50-year 5% non-
cumulative adjustment income bonds, and 10%
additional on account of matured coupons.
Prior Liens—$14,309,000 Receivers Ctfs. and
$70,000,000 Wabash R. R. 1st & 2nd 5s 1939
and divisional bonds. =
“\ Pittsburgh Terminal R. R. & Coal
Listed on the New York Stock Exchange.
arket.
New York—F. J. Lisman & Co., Seasongood
& Haas.
WABASH RAILROAD CO. Coll. Tr, Extended
444% Notes. Due May 1, 1913.—F.
Dated May 1, 1905. Extended May 1, 1910.
Interest payable May and Nov. 1, at Trustee’s
office. (Default in principal.) “
Authorized—$10,000,000.
Outstanding—$5,000,000.
- ‘Cancelled—$2,000,000. ©
Denomination—Coupon, $1,000.
as to principal...
Trustee—Central Trust Co., New York.
Redeemable at par and interest on any interest
date upon 60 days’ notice. |. af
Protective Committee—John W._ Platten,
Chairman, Otto T. Bannard, Henry R. Icken-
heimer and Calberty Brewer, Secy., U.S. Mtge.
& Trust Co. Depositary.
Note—The reorganization plan (see ‘‘Report
Description” above) provides for $1,500,000
41% notes to pay the deficiency judgment held
by these note holders against the company.
Secured by deposit with the Trustee of the
following securities: $5,000,000 Wabash R. R. 1st
Refunding & Extn. 4s of 1956, $1,200,000 Pacific
Express Co. stock, $240,000 Belt Ry. Co. of Chi-
cago stock, $121,700 American Refrigerator
Transit Co. stock, $1,500,000 Demand 5% Note
of the Wabash-Pittsburgh Terminal Ry. Co.
secured by pledge of entire $14,000,000 stock of
the Pittsburgh Terminal R. R. & Coal Co., and
$3,500,000 Demand 5% Note of the Wabash-
Pittsburgh. Terminal Ry. Co., Ceres, by the
O., ali
secured by pledge of $3,800,000 of the $3,922,000
outstanding Consolidated Mtge. 434% bonds of
the Pittsburgh Terminal R. R. & Coal Co. The
Indenture provides for the release of pledged
securities upon payment of cash equal to the
specified withdrawal values which are as follows:
Wabash Ist Ref. & Ext. 4s $75; Pac. Exp. stock
$200 per share; Belt Ry. stock $750 per share;
Amer. Ref. Transit stock $200 per share. The
Wabash-Pittsburgh Term. Ry. may make pay-
ments on account of the demand notes pledged
upon which a proportionate amount of bonds can
be released, but the entire stock of the Wabash-
Pittsburgh Term. R. R. & Coal must remain
pledged until all the deposited notes have been
paid.
Refunding—A like amount of Wabash R. R.
1st Ref. & Ext. 4s is reserved to retire this issue.
Original Market—Offered in April, 1905, by
William A. Read & Co. and George P. Butler &
Bro., New York, at 9834 and interest. Exten-
sion of these bonds in April, 1910, was arranged
through Blair & Co. and Kuhn, Loeb & Co.,
New York.
WABASH RAILROAD CO. 5% Ctfs.
Due Aug., 1914. -
Dated Aug. 1, 1913. Interest payable Feb.
and Aug.'1, at Equitable Trust Co., New York.
Authorized—$15,000,000.
Outstanding—$14,309,000.
Denomination—Coupon, $1,000. J
Issued under authorization of U. S. District
Court to refund $14,000,000 Receivers Certificates
which matured Aug. 1, 1918, and $309,000 which
matured Jan. 1, 1914.
Note—Under the reorganization plan (see
“Report Description” above) these bonds are to
be paid off in cash. 7 .
Secured by first lien on equipment costing
about $3,000,000 and by general lien on entire
property of company prior to 1st Ref. & Ext. 4s
due 1956 but subject to bonds ranking ahead of
that issue.
Prior Liens—See 1st & Ref. 4s due 1956 (Same
issues).
Registerable
Rec.
889
Underlies—$40,600,240 1st & Ref. 4s.
Original Market—Equitable Trust Co. offered
$14,000,000 at 9914, July, 1913..
WABASH RAILROAD CO. Equip. Tr. S. F. 5s.
ree March 1,1921. (See Sinking Fund).—
Dated March 1, 1901. Interest payable March
and Sept. 1, at New York Trust Co., New York.
Authorized—$3, 000,000. :
Redeemed—$1,425, 000.
Outstanding—$1, 575,000.
Denomination—Coupon, ‘$1,000.
as to principal...
Trustee—New York Trust Co., New York.
Redeemable at 108 and interest for sinking
fund on two weeks’ notice.
Sinking Fund—$100,000 to March 1, 1906,
$150,000 to. 1916 and $200,000 to 1921, to be paid
to Trustee in bonds or in cash sufficient to
acquire that number of bonds. If Trustee can
not purchase the required number at 105 or less,
money may be used for purchase of new equip-
ment ‘or for drawing bonds ‘by lot at 108 and
interest.»
Secured by an:equipment trust agreement on.
500 coal ears, 3,000 box.cars, 48 passenger and
combination cars ‘and.-40 locomotives, : costing,
$3,300,000 of which $300,000 was ‘paid in cash
by the: “company.
Listed on the York Stock’ Exchange. :
Original Market—-Offered in 1901, by Simon
Borg & Co.; New York k.
Wan Ase EI RIVER TRACTION. co. Ist 5s.
ug. 1, 1931.—
Dated 1901. Interest payable Feb. and Aug.
1, at Trustee’s office.
Authorized—$350,000.
Outstanding—$275,000.
Denomination—Coupon, $1, 000.
as to principal.
Trustee—New Haven Trust Co., New Haven,
Conn.
Redeemable at 105 and interest. 2
Control—Absorbed by Ft. Wayne & Northern
Indiana “Traction ‘Co. which company is con-
trolled’ by: interests identified.-with the Ohio
Electric Ry. Co. and the Terre Haute, Indian-
apolis & Eastern Ry.Co. ‘s:’.
Secured bya first mortgage on interurban
railway between Wabash and Peru, Ind., forming
a link: in. the through line from Lafayette to
Fort Wayne, Ind.
Underlies—$1, 195, 000 Ist & Ref. 5s of 1931 and
$1,200,000 5-year 6% notes due 1919 of the Ft.
W. & Nor. Ind. Trac. Co. and. $6,966,000 Ft. W.
& Wab. Val. Trac. Co. 1st Cons. 6s: of 1984.
Bonds are reserved under the 1st & Ref. mort-
gage to’retire this issue.
Registerable
Due
Registerable
Net Earnings, 12/31/13........ - $699,441
Interest.............00. ae 527,182
This issue....... 0.0. e ee ieee 119,132
Market. :
ia aie aoe: C. Warren & Co., The W. T.
‘i
ae Philadelphia—E. R. Barnard, C. D. Barney &
New York—Lawrence Barnum & Co., Bigelow
& Co., Dewing & Co..
Due Jan. 2, 1916.—N.
WALKER CO. Ist 6s.
‘Dated’ 1898. Interest: pe ayable Jan. and
July 2, at Central Trust Co., New York.
Authorized—$2, 500,000.
Outstanding—$850, 000. ($1,650,000
tional owned by Westinghouse Elec. & Mfg.
Denomination—Coupon, $1,000. our
Guaranteed as to principal and interest by the
Westinghouse Electric & Manufacturing Co.
Control—Absorbed in:1910 by the Westing-
house Electric & Manufacturing Co. .
Secured by a first mortgage on plant at Cleve-
land, Ohio, formerly owned by the Walker Co. ©
addi-
0.)
New erections: % MaRer hGH: J. Ky
Rice, Jr., & Co.
Te TRANSIT CO. Ist 5s.
Dated "May 1, 1905. Interest payable Apr.
oe Oct. 1, at Commonwealth Trust Co. Harris-"
ur’
‘Authorized—$350, 000.
Outstanding—$300,000.
Denomination—Coupon, $100, $500 and $1,000
Registerable as to principal.
és i ice Trust Co., Harris-
urge,
Redeemable after May 1, 1915, at 105 and
interest. i
Organization—Incorporated in Now: York in
1905 to take over the properties of the Middle-
town-Goshen Electric Ry. Co. and the Middle-
town-Bloomsburg Electric Ry., sold under jfore-
closure..
Secured by a first mortgage on- 18 aa of
electric railway track extending from Middle-
town to Jcasbens N. Y¥. °° Population served;
about 20,0 es phe
Net Debut. ae 5 OGRE gh FEM ere a ass $4,452
New York—J. K. Rice, Jr., & Co., “Hendriek-
son '& Co.
Due May
WARD BAKING CO. Ist 6s. Due June 15, 1937.
Dated June 15, 1912, - Interest payable June
and Dec. 15, at Trustee’s office..
Authorized—$10, 000, noo. ssh
Outstanding—$4,000,0
Dee natne Coser 3100, $500 and $1, 000..
Registerable-as to principal..
Trustee—Empire Trust Co., New. York. :
‘Redeemable at 105 and interest.
' Sinking Fund—After 1915 of 2% -of outstand-
ing bonds: .
Organization—Incorporated in. New York in
1912 as a consolidation of a number of large
bakeries with a combined capacity of 4,000,000
loaves of bread per week. 5
Secured by a first mortgage on large bakeries
located in Boston and Cambridge, Mass.; Provi--
dence; R. I., Chicago, Ill., Pittsburg, and Brad-
dock Pa., Cleveland, Ohio, and in the boroughs
of the Bronx and Brooklyn, New York City. ..
Original Market—First offered by Tobey &
Kirk, New York, at par and interest in Nov.,
Market.
Ne, York—Wolff & Stanley, Tobey & Kirk,
. H, Hatch &-Co., J. K. Rice, Jr., & Co., Geo.
s Crap, J. A. Clark & Co., Chas. H. Jones & Co.,
H. P. Taylor & Co., Kirkpatrick & Lewis, Geo.
H. Burr & Co.
Pieper gh ae P.. Taylor & Co.
Wheeling, W..Va.—Geo. W. Baron, James
Carothers & Co.
Buffalo—H. P. Taylor & Co.
WARREN ee Ist Ref.
Aug. 1, 2000.—.
See Map 46.
Dated - Pauly 17, 1900.
and Aug. 1, at office of DL &
York.
‘Authorized—$2, 000,000.
Outstanding—$1, 394,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Farmers’ Loan & Trust Co., New
York.
Guaranteed a age and interest by Dela-
ware, Lackawanna Western R. R. Co. by
endorsement.
Organization and Control—Incorporated in
New Jersey in 1851 and is leased into perpetuity
3%s. Due
“Interest payable Feb.
W. R.R. in New
Registerable
890
to D., L. & W. R. R. Co. for interest on bonds and
7% dividends per annum on $1,806,000 stock.
Secured by a first mortgage on (5) 19 miles of
double tracked road from Hampton Jct. to Dela-
ware River, at the rate of $73,400 per mile.
Legal for New. York. ra
‘ Market.
New York—Percy, H. Bradshaw, Effingham
Lawrence & Co., Blodget & Co., J. A. Clark &
Co., Freeman & Co., Gilman & Clucas, Wood,
Struthers & Co., B. H. & F. W. Pelzer, McGeorge
& Vanderhoef. .
Philadelphia—Bioren & Co., Graham & Co.
Newark—J. S. Rippel.
WASHINGTON & COLUMBIA RIVER RAIL-
WAY CO. Ist 4s. Due July 1, 1935.—F.
See Map 92. dik se
‘Dated March 1, 1895. Interest payable Jan.
and July 1, at No. Pac. Company’s office, 34
Nassau Street, New York. : i
Authorized—$2,620,000, plus $20,000 per mile
of additional road. %
Outstanding in the Hands of Public—$140,000.
In Treasury of No. Pac.—$2,480,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
we ee Loan & Trust Co., New
ork. ‘
Control—Absorbed by the Northern Pacific
y. Co. :
Assumed by the Northern Pacific Ry. Co. .
Secured by a first mortgage on (6) 168 miles, of
toad from Pendleton, Ore., to Dayton, Wash.,
Eureka Jct. to Pleasant View, Wash., Killian
Jet. to, Athena, Ore., and Walla Walla to Tracy,
Wash. These bonds are outstanding at the rate
of $15,000 per mile of which those in the hands
of the public are at the rate of $830 per mile.
Underlies—$20,000,000 Northern Pacific Ry..
Ref. & Impvt. 44s.
Legal for Cal., Conn., Fla., Me., Mass., Mich.,
Minn., N. H., N. J., N. Y., R. I. and, Wis. .
Listed on the New York and ; Philadelphia
Stock Exchanges. '
Market.
Philadelphia—Reed & Huntoon. .. |
WASHINGTON & FRANKLIN RAILWAY CO.
Ist 5s. Due Jan. 1, 1939.—F.
-;See:Map 88...
Dated August 1, 1901. Interest payable Jan.
andJuly.l.. :
-, Authorized—$475,000.
-Outstanding—$378,000. _
Denomination—Registered, $1,000. .
| Trustee—Reading Trust Co., Philadelphia. |
Organization and Control—Incorporated in
Maryland in 1899 and is leased to the Western
Maryland Ry. for 995 years from July 1, 1901,
at a rental equal to interest on bonds and 5% on
Fibe,D00 stock, which is all owned by the Read-
ing Co. : By Ba a ;
Guaranteed as to interest, under terms of
lease, by the Western Maryland Ry. Co. .
Secured by a first mortgage on (9) 19 miles of
toad from Hagerstown, Md., to Zumbro Jct., Pa.,
at the rate of $19,800 per mile.
Market.
New York—J. H. Becker & Co.
WASHINGTON & VANDEMERE RAILROAD
CO. 1st 4144s. Due Feb. 1, 1947.—F.
See Map 5. x
Dated Feb. 1, 1907. Interest payable Feb.
and sue 1, at office of Trustee, Baltimore, and
United States Trust: Co,, New York,
Authorized—$1,500,000.
_ Outstanding—$720,000. ag
‘Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Safe Deposit & Trust Co., Balti-
more, 3
Organization and Control—Incorporated in
North Carolina in 1903 and road completed in
1912. Controlled through ownership, of a ma-
jorly a its stock by the Atlantic Boast Line
. . Oo.
Guaranteed principal and interest by the
Atlantic Coast Line R. R. Co. by endorsement,
Secured by a first ree on (6)'41 miles of
road: from Washington to Vandemere, N. C., at
the rate of $17,700 per mile.
Net Deficit, 6/30/14............ ... $7,321
Intersdt.; cx0aie 6 pane edn sae eee 39,721
Listed on the Baltimore Stock Exchange.
Original Market—Offered in 1907 by Baker,
Watts & Co., Baltimore, at 99 4 and interest.
: Market. : a‘
Baltimore—Baker, Watts & Co., Mackubin,
Goodrich & Co., Townsend Scott & Co., Nelson,
Cook & Co., Jenkins, Whedbee & Poe, Sutton &
Co., Strother, Brogden & Co. :
Philadelphia—Chandler & Co.
WASHINGTON, ALEXANDRIA & MT. VER-
NON RAILWAY CO. Ist 58. Due March
1, 1955.—F, ie
‘Dated March 11,1905. Interest payable March
and Sept. 1, at Real Estate Trust Co., Phila-
delphia. ‘ ; .
Authorized—$2,500,000. :
yeoman yen ($180,000 in treas-
ury). :
Denomination—Coupon, $1,000.: Registerable
as to principal. Via. 2
-Trustee—Real Estate Trust Co., Philadelphia.
Redeemable on any interest date at 110 and
interest on three months’ notice. :
Control—Absorbed by the Washington Vir-
ginia Ry: Co. 2 : t
Secured by a first mortgage on 22 miles of
electric railway between Washington, D. C., and
Mt. Vernon, Va. Line built largely on private
right of way; elsewhere nearly all franchises are
perpetual. ‘Population served, Washington,
350,000; remaining territory, 20,000.
Net Earnings, 6/30/13
Interest and taxes. .
Listed on the Louis s
ington Stock Exchanges. re :
Original Market—First offered by Graham &
ae Philadelphia, at 102}4 and interest in April,
‘Philadelphia—E. W. Clark & Co., Mellor &
Petry, Oscar R. Dare, Robt. D. Ghriskey & Co.,
Henry & West, S. K. Phillips, Graham & Co,
New York—Chandler Bros. & Co., Geo.’ H.
Burr & Co. :
Baltimore—Sutton & Co.
WASHINGTON, ARLINGTON & FALLS
CoE RAILWAY Ist 6s. Due July 1,
1925.—F.
_ Dated July 1, 1895. Interest payable Jan.
and July 1, at Girard Trust Co., Philadelphia.
Authorized and Outstanding—$100,000.
Denomination—Coupon, $1,000. Registerable
as to principal and interest. — , ‘
Trustee—Walter Hinchman, New York, N. Y.
Redeemable on any interest date at 105 and
interest on three months’ notice.
Guaranteed as to. principal and interest by
endorsement by the Washington, Alexandria &
Mt. Vernon Ry. Co... . :
Control—Absorbed by the Washington Vir-
ginia Ry. Co. | ‘ heeds .
Secured by a first mortgage on 24 miles of
electric railway between Aqueduct | Bridge,
Washington, D. C., and, Naucks, Va. Popula-
tion served, Washington, 350,000, remaining
territory, 22,000. Built almost entirely on pri-
vate right of way. :
Underlies—$250,000 2nd 5s of 1953, $602,000
1st Cons. 5s of 1958.
Net Earnings, 6/30/13....... +. $297,114
Interest and taxes...... 2s Seer 200,568
THiS iSSU@ sisscaves soo peeved 2 era 157,968
891
WASHINGTON, ARLINGTON & FALLS
CHURCH 2d 5s. Due April 1, 1953.—F.
Dated April 1, 1903. Interest payable April
and Oct. 1, at Girard rue Co., Philadelphia.
Authorized—$350,00
Outstanding $250. 000,
Denomination—Coupon, $1,000.
Trustee—Merchants’ Union Trust Co., Phila-
delphia.
Redeemable on any interest date at 110 and
interest on three months’ notice.
Guaranteed as to principal and interest by
endorsement by the Washington, Alexandria &
Mt. Vernon Ry. Co.
{Gontrol—Absorbed by the Washington Vir-
ginia Ry. C
Secured by a second mortgage on property
described under Ist 6s above, which see for
details.
Underlies—$602,000 1st Cons. 5s.
Prior Liens—$100,000 1st 6s.
Net Earnings—See 1st 63 above.
WASHINGTON, ARLINGTON & FALLS
CHURCH RAILWAY ist Cons. 5s. Due
Sept. 1, 1958.—F.
Dated Sept. 1, 1908. Interest payable Mar.
and Sept. 1, at Girard Trust Co., Philadelphia.
Authorized—$1,000,000.
Outstanding—$602,' 000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
Redeemable on any interest date at 105 and
interest on three months’ notice.
Guaranteed as to principal and interest by
endorsement by the Washington, Alexandria &
Mt. Vernon Ry. Co.
Control—Absorbed by the Washington Vir-
ginia Ry. Co.
. Secured by a third mortgage on property
described under ist 6s, above, which see for
details.
Prior Liens—$100,000 ist 6s, and $250,000
2nd 5s.
Market.
Philadelphia—Reed A. Morgan & Co., Chand-
ler & Co., Oscar .R. Dare,’ 8. R. Kirkpatrick & Co.
WASHINGTON, BALTIMORE & ANNAPOLIS
ELECTRIC RAILROAD CO. Ist 5s. Due
March 1, 1941.—
Dated ‘March Re 1911. Interest payable
March and Sept. 1, at Trustee’s office, and Safe
Deposit & Trust Cow peitimotes
Authorized—$7,500,000.
Outstanding—$4, One, 000 ($62,000 in treasury).
Denomination—Coupon, $1,000. Registerable
as to principal.
Cleveland,
’ Trustee—Cleveland Trust Co.,
oO.
4 Redeemable at 105 and interest any interest
ate.
Organization—Incorporated in Maryland in
1905 as the Baltimore Terminal Co. and took
over the properties of the Washington, Baltimote
& Annapolis Ry. Co., sold at foreclosure. Con-
trols through stock ownership the Annapolis
Public Utilities Co.
Secured by a first mortgage on about 98 miles
of interurban railway track of which about 84 miles
is double-track between Washington, Baltimore
and Annapolis. The company has trackage
rights into Washington over the Washington Ry.
& Electric Co. and purchases power from the
Potomac Electric Power Co. of Washington.
Interurban lines are built on paeste right-of-way.
Net Earnings, ee 395,309
Interest, taxes, etc 293, 531
Listed on the Cleveland Stock ‘Exchange.
Market.
Baltimore—Poe & Davies, Sutton & Co.,
Townsend Scott & Son, Walter Koppelman,
Riggs & McLane, Hambleton & Co., Strother,
Brogden & Co.
a ee & Borton, W. S. Snyder
0. :
é a York—John D. Curtis & Co., J. H. Becker
0.
WASHINGTON CENTRAL RAILWAY CO.
1st 4s. Due March 1, 1948.—
Dated June 1, 1898. Interest payable quar-
terly, March, June, Sept. and Dee. 1, at Bankers’
Trust Co., New York.
Authorized—$15,000 per mile.
Outstanding in Hands of Public—$850,500.
Held by Northern Pacific Ry. Co.—31,002,500.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal only, or fully regis-
terable. Registered, $100 and multiples.
Trustee—Columbia Trust Co., New York.
Organization and Control—Incorporated in
Wash. in 1898. Formerly leased to the North-
ern Pacific Ry. Co., but absorbed by that com-
pany in 1914,
Guaranteed as to interest under terms of lease
by the Northern Pacific Ry. Co.
Secured by a first mortgage on 130 miles of
road from Cheney to Coulee City, and Adrian,
Wash. These bonds are outstanding at the rate
of $6,500 per mile.
Underlies $20,000,000 Nor.
Ref. 434s.
Listed on the New York Stock Exchange.
arket.
New York—Wood, Struthers & Co., Korn,
Lehman & Co., Pouch & Co., G. W. Walker & Co.
Kirkpatrick & Lewis, Samuel Goldschmidt.
WASHINGTON COUNTY RAILWAY CO. ist
3\%s. Due Jan. 1, 1954.—.
See Map 11.
Dated Tan 1, 1904. Interest payable Jan.
and July 1, at New York, Portland. Me., and
Boston.
Authorized—$20,000 per mile.
Outstanding—$2,500,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable as a whole at par and interest
on Jan. 1, 1924, or thereafter on 60 days’ notice.
Guaranteed principal ae palate by endorse-
ment by the Maine Central R
Assumed by the Maine Conte R. R. at con-
solidation.
Organization and Control—Incorporated in
Maine in 1903 as successor to the Washington
County R. R. Co. and in 1911 was' merged into
the Maine Central R. R. Co.
Secured by a first mortgage at the rate of
$18,100 per mile on (14) 138 miles of road from
Calais to Washington Jct., Me., Ayer Jct. to
Eastport, Me., St. Croix Jct. to Princeton, Me.,
Woodland Jct. so Woodland, Me.
Underlies—The Maine Central Cons. Ref.
Mtge. which provides for the Hebirement of this
issue.
Legal for Sey Se Me., Mass., Mich., Minn.
Original Market—First offered by Lee,
Higginson & Co., Boston, New York, ete.
Market.
ie Poston — Geo A. Fernald & Co., F. W. Mason
Oo.
Portland, Me.—Maynard S. Bird & Co.,
Fidelity Trust Co.
New York—Fred. H. Hatch & Co., Blodget
& Co., H. P. Taylor & Co.
“Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
WASHINGTON: OHIO & WESTERN RAIL-
CO. Ist 4s. Due Feb. 1, 1924.—F.
en Mee 121.
Dated May 28, 1884. Interest payable Feb.
and Aug. 1, at J. P. Morgan & Co., Nes York.
Authorized—$25,000 per mile.
Pac. Imp. &
Registerable
892
Outstanding—$1,250,000 (including $225,000
pledged under So. Ry. Ist Cons. Mtge., which
provides that no more of these bonds can be
issued.
Denomination—Coupon, $1,000 and £200.
Registerable as to principal.
drmstee central pene oa New York.
uaranteed principal and interest by the
Richmond & Danville R. R. "
Organization and Control—Incorporated in
Virginia in 1882 and leased in 1886 to the Rich-
mond & Danville. Properties of both com-
Bani have been deeded to the Southern Rail-
way Co. ; ;
Secured by first mortgage at the rate of
$24,900 per mile on (13) 50 miles from Alexan-
dria to Round Hill, Va.
Underlies—$135,000,000 ‘Southern Ry Ist
Cong. 5s due 1994, which provide for the retire-
ment of this issue and Dev. & Gen. 4s, due 1956,
and notes.
Listed on the New York Stock Exchange.
: Market.
New York—Spencer Trask & Co., Wm. A. C.
Ewen, Gilman & Clucas.
Baltimore—Jenkins, Whedbee & Poe.
WASHINGTON RAILWAY & ELECTRIC CO.
Cons. 4s. Due Dec. 1, 1951.—F.
Dated March 1, 1902. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$17,500,000.
Outstanding—$11,642,350.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. ©
Trustee—United States Mortgage & Trust Co.,
New York.
Redeemable as a whole at 105 and interest on
any interest date on three months’ notice.
Organization—Incorporated under special act
of Congress in 1892 as the Washington & Great
Falls Electric Ry. Co. Present name adopted
in 1902 when it acquired the properties of the
Washington Traction & Electric Co., thé Colum-
bia Ry. Co. and the Metropolitan R. R. Co.
In 1912 acquired the properties of the Anacostia
& Potomac River R. R. Co: and the Brightwood
Ry. Co. Also owns the entire capital stock of
the Potomac Electric Co. of Washington and
practically the entire capital stock of companies
owning 64 miles of street and interurban lines.
Control—The Washington Utilities Co. owns
$2,750,800 common stock and $214,400 preferred
stock. ;
Secured by a mortgage on about 46 miles of
street railway track in Washington, D. C., all
operated by underground conduits. The com-
pany also owns 58 miles of interurban railway
and controls through stock ownership an addi-
tional 64 miles. Franchises are perpetual.
Prior Liens—$4,829,000 bonds of absorbed
companies.
*Net Earnings, 12/31/14....... $2,494,863
Interest... ........-...002--00+ 1,453,390
*Combined account.
Listed on the Washington Stock Exchange.
Original Market—$1,000,000 offered in May;
1914, by Hambleton & Co., Baltimore and New
York, at 8344 and interest.
Market.
Washington—Crane, Parris & Co.
New York—Williamson & Squire, Hambleton
oO.
Baltimore—Alex. Brown & Sons, Colston,
Boyce & Co., Mercantile Trust & Deposit Co.,
Hambleton & Co. .
Hartford—Conning & Co.
WASHINGTON TERMINAL CO. 1st 3}4s and
4s. Due Feb. 1, 1945.—F.
Dated February 1, 1905. Interest payable
Feb. and Aug. 1, at Trustee’s office, New York,
and at Company office, ‘Washington.
893
Authorized—-$12,000,000.
Outstanding—$10,000,000 3348; $2,000,000 4s.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000 and multiples.
Trustee—United States Trust Co., New York.
Guaranteed jointly and severally as to principal
and interest by endorsement by the Baltimore
& Ohio R. R. Co. and the Philadelphia, Baltimore
& Washington R. R. Co.
Organization—Incorporated under Act of
Congress in 1901.
_ Control—The entire $5,000,000 capital stock
is owned equally by the Baltimore & Ohio R. R.
Co. and the Philadelphia, Baltimore & Washing-
ton R. R. Co. and the property leased to these
two companies and the Southern Ry. Co., the
Chesapeake & Ohio Ry. Co. and the Washington
Southern Ry. Co. Rental at least 1/3 of 1%
of the cost of the entire property, together with
maintenance, taxes, etc.
Secured by a first mortgage on the entire
property of the company including the large
union passenger station in Washington, D. C.,
and about 55 miles of terminal track. This is
the only passenger railway station in Washington.
Listed on the New York Stock Exchange.
Original Market—$10,000,000 314s offered in
May, 1905, at 9714 and interest by Brown Bros.
& Co., Harvey Fisk & Sons, New York, and Alex-
ander Brown & Sons, Baltimoré, and $2,000,000
4s offered in July, 1909, at 10214 and interest by
Brown Bros. & Co. and Harvey Fisk & Sons, New
York.
‘ j Market.
New York—Harvey Fisk & Sons, Brown Bros.
Co., L. M. Prince & Co., Coffin & Co., Harris,
Forbes & Co., Penington, Colket & Co., Leé,
Higginson & Co., F. H. Hatch & Co., Korn, Leh-
man & Co., Tobey & Kirk, Rasmus & Truesdale,
Redmond Co., Whittemore, Pell & Co.,
McGeorge & Vanderhoef, J. H. Becker & Co.
Philadelphia—Brown Bros. & Co., Geo. S&S.
Fox & Sons, E. B. Smith & Co., Chas. J. Bender
& Co., Henry & West, Chas. Fearon & Co.,
Frazier & Co., Mellor & Petry, Geo. N. Fleming,
S. K. Phillips, Reed. A. Morgan & Co., C
Barney & Co. 5
Boston—N. W. Harris & Co. i
x Balapore— Alex: Brown & Sons, J. S. Wilson,
Tes Oni oe a : :
Chicago—Harris Trust & Savings Bank.
WASHINGTON UTILITIES COMPANY 5%
Collateral Trust Notes. Due May 1, 1916.
—N:... ‘
Dated May 1, 1915. Interest payable August
1, November 1, February 1 and May‘1.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000. _ é
Trustee—Fidelity Trust Co., Baltimore. 4
Organization—Incorporated in 1911, in Vir-
ginia, to contro] street and interurban railways
and other properties in and about Washington,
Secured by a first lien on $2,750,000 of
the $6,500,000 common stock ($8,500,000 5%
cumulative preferred stock also outstanding)
of the Washington Railway & Electric Co.
This company. owns 47. miles of street railway
(96 miles of track) in Washington, D. C., and
vicinity, and controls companies owning 51
miles of railway (65 miles of track). Divi-
dends were inaugurated, on the common stock
in 1909 when 1% was paid, 2% was Paid annu-
ally in 1910 and 1911, 4% in 1912, 644% in 19138,
and dividends at the rate of 7% are now being
aid. : :
PeNet Earnings, 12/31/14.......... 222,872,
Original Market—Offered in April, 1915, ,by,
the Fidelity Trust Co., Baltimore, Md., at 99
and interest.
WASHINGTON WATER POWER CO.
' KANE, WASH.) Ist Ref. 8. FP. 5s. Due
July 1, 1939.—F.: .
' Dated July 1, 1909: Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$15, 000,000.
Outstanding—$5, 186, 000.
Cancelled by Sinking Fund—$576,000. .
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1, 000. C. & R.
Interchangeable. - ,
OS gael an Loan & Trust Co., New
(SPO-
Redeemable as a whole at 110 and interest
any interest date on six months’ notice.
Sinking Fund—2% per annum of bonds out-
standing, payable quarterly, from Sept. 1, 1909,
for the purchase of bonds at not over 110 and
interest, Bonds cannot be drawn and are
cancelled as acquired.
Organization—Incorporated in Washington in
1889, and has acquired the property, rights,
privileges, and franchises of the Edison Electric
Huminating Co. of Spokane, Spokane Street
Railways Co., Spokane Falls Cable’ Railway Co.,
Spokane Electric Railway Co., City. Park Transit
Co. of Spokane, Falls City Land & Improvement
Co, of Spokane, The'N: atatorium Co. of Spokane,
Ross Park Street Ry. Co. and in 1913 and 1914
secured the properties of the Idaho-Washington
Pr. Co, and'of the Big Bend Lt. & Pr. Co.,
owning distributing systems and franchises in a
number of small towns in Idaho and Washington.
Secured by a mortgage on 112 miles of electric
railway track including 50 miles of street railway
track in Spokane and interurban extensions from
that city; on hydro-electric plants at Spokane,
Wash., Post Falls, Idaho and Little Falls, Wash.,
with a combined present capacity of 43,853 h. P.,
steam auxiliary plant at Spokane of 19, 000 h. p.
and hydro-elevttie plant at Long Lake, Wash.,
of 60,000 h. p. to be completed in 1914, and on
transmission lines and distribution systems
supplying light and power to Spokane and a
number of smaller towns in Washington and
Idaho within'a radius of, 90 miles of that city.
Franchises for ‘electric ‘light and power expire
in 1941 and street railway average 20 years from
Prior Liens—$240,000 1st-Cons. 5s ‘of 1929,
which this mortgage provides to retire.
Underlies—$2,900,000 notes. | — :
. $1,613,827
Net Earnings, 12/31/14.
Bond interest......... i 254,092
Other interest...............+- 144,853
Listed on the New York Stock Exchange. _
Original Market—$4, ney 000 offered in April,
1909, by Lee, Higginson & Co. and Moffat
White (now White, Weld & Co.), New York,
Boston, ete., at 103 and een
arket.
New York—White, Weld & Co., Lee, Higgin-
son & Co., Bigelow & Ks hoe, Dixon & Co.,
‘Hartshorne & Battelle, L Norton, Kirkpat-
tick & Lewis,’Gude, Winmill & Co.
Boston—Lee,' Higginson & Co., Walter S.
Place, L. Sherman Adams, White, Weld & Co.
Baltimore—Colston, Boyce & Co.
Philadelphia—Oscar R. Dare.
WATER, LIGHT & GAS CO. (HUTCHINSON,
KAN.) Cons. & Ref. 5s. Due Oct. 1, 1935.
—F.
Dated Oct. 1, 1905, Interest_payable April
and Oct. 1, at New York Trust Co., New York.
Authorized—$600, 000. —
Outstanding—$355,000, prea mortgage).
Denomination—Coupon, $1,0
Trustee—New York Trust ae New York.
4 Redeemaple at 105 and interest on any interest
ate.
Control—Absorbed by the United Water, Gas
& Electric Co., a subsidiary of the Cities Service
Co.
Management—The Doherty Organization.
Secured by a mortgage on all’ the property
formerly belonging to the Company and including
plants supplying artificial gas, electricity and
water in Hutchinson, Kan. and vicinity. Popu-
lation served 21, 000. Franchises are unlimited
as to time. %
Prior Liens—$32, 000 Water, Light & Gas Co.
5s due Aug. 1, tart an $212,500 1st 4s of 1928.
Underlies "$300 United Water, Gas &
Electric Co. 1st oat 5s, due Dec. 1, 1939,
which provide for the retirement of tkis issue.
Net Earnings, 12/31/12........ $100,022
Interest on bonds.............. 42,850
Original Market—Offered in 1906 at 100 and
interest by Mason, Lewis & Co. (now Lewis Bros.
& Co., Boston).
Market.
New York—H. L. Doherty & Co., Kahler & Co.
Chicago—Yard, Otis & Taylor.
Boston—Lewis Bros. & Co., H. C. Spiller &
Co., F. W. Mason & Co., L. Sherman Adams.:
WATERLOO, CEDAR FALLS & NORTHERN
ew, AY CO. Ist S. F. 5s. Due Jan. 1,
Dated January 1, 1910. Interest payable Jan.
and July 1, at Trustee's office.
Authorized—$6, 000, oer ,
Outstanding—$3, 808 0!
Dar sninstion conten, ‘$1, 000.
as to principal.
Trustees—First. Trust & Savings Bank, Chi-
eago and Louis Boisot.
Redeemable at 105 and interest, January ‘L;
1915, or any interest date thereafter upon ‘60
days’ notice.
Sinking Fund—2% annually of bonds out-
standing, in cash or bonds at par, commencing
not later than December 31, 1912, for the pur-
eae or redemption of bonds or forimprovements,
etc.
Organization—Incorporated in Iowa in 1895
as the Waterloo & Cedar Falls Rapid Transit
Co. and present name adopted in 1904.
Secured by a first mortgage on 71 miles of
main line track and 9 miles of sidings and com-
prising the street railway systems in Waterloo
and Cedar Falls, Iowa, and interurban’ line
between these two cities, extension from Water-
loo to Waverly, together with other branches,
and also including a terminal and belt line in
Waterloo and operates in connection with the
Illinois Central R. R., Chicago Great Western Ry.
and Chicago, Rock Island & Pacific Ry.,Co. The
road is operated by both steam and electrical
equipment. Population served, over 60,000.
Registerable
Of the mileage 22 14 miles is under perpetual fran-
chise and the balance on private eee of-way.
onds.
Underlies—$885,000 2d Mtge.
Net Earnings, 12/31/14..
Interests. 5 sis saiuew sapedigiae le das
Legal in Illinois (for trust funds).°
Original Market—$1,300,000 offered in April,
1910, by McCoy & Co., Chicago, at 97 and
interest. Also offered in 1911, by the same
firm and Devitt, Tremble & Co., Chicago, at
95 and interest. Offered in February, 1915, by
the same firms at 9244 and interest.
Market.
New York—A. E. Fitkin & Co., F. J. Lisman
& Co., Coffin & Co., pecnens Snider & Co., Kirk-
patrick & Lewis, Dewing & Co., McGeorge &
anderhoef. ;
~ Chicago—McCoy & Co., Wollenberger & Co.,
Devitt, Tremble & Co., Hulburd, Warren &
Chandler, John Burnham & Co., Fierlien & Co.,
Stanwood, Taylor & Co.
' St. Louis—Francis Bro. & Co. :
Boston—F. . Mason & Co., L. Sherman
Adams, A. B. Conant & Co.
Philadelphia—Devitt, Tremble & Co., Edward
V. Kane & Co., Oscar R. Dare, S. K. K.’ Phillips,
894
H. Evan Taylor, Warner & Fitzharris, Rufus
Waples & Co., G. G. C. Flinteman.
Buffalo—Arthur Batty. —
Pittsburgh—Gordon & Co., C. M. Barr & Co.
Detroit—Devitt, Tremble-& Co.
WATERTOWN (WIS.) GAS & ELECTRIC Ist
5s. Due June 1, 19
Dated June 1, 1906. Interest payable June
and Dee. 1, at Bank of Watertown, Watertown,
is.
Authorized—$300,000.
Outstanding—$160,000.
qrssiee “Wieepnain Trust Co.,
Milwaukee,
Redeemable on any interest date at 10244 and
interest.
Controlled by the Wisconsin Edison Co., by
sock ownership. That company is a subsidiary
of the North American Co. of New York. .
Secured by a first mortgage on plants supply-
ing gas and electricity to Watertown, Wis.
Population served, ‘9,000.
Net Hecninge, 12/31/14 $86,419
Interest: ois. ssa wads 2 as 5
Mark
Milwaukee—Edgar, Ricker & Co., First
Savings & Trust Co.
Chicago—Hulburd, Warren & Chandler.
WATERTOWN UN. Y.) LIGHT & ene ‘Co.
1st 5s. Due Jan. 1, 1959.—.
Tax exempt in New York Stat te.”
Dated January 1, 1909. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$2,000,000.
Outstanding—$1,654,500.
Denomination—Coupon, - $500 and $1,000.
Registerable as to principal.
Trustee—Enmpire Trust Co., New York.
Redeemable at 105 and interest for sinking
fund only.
Sinking Fund—Annually one-half of 1% of
outstanding bonds, from Jan. 1, 1919, to 1924
inclusive, and 1% annually thereafter, to be
applied to the purchase or redemption of these
bonds at not over 105 and interest.
Organization—Incorporated in New York in
1908 as a consolidation of the gas and electric
light and power properties in Watertown, and the
H. Remington & Son’s Pulp & Paper Co. Ab-
mee in 1914 by the Northern New York Utili-
ies, Ine.
Secured by a first mortgage on plants supplying
gas and electric light and power in Watertown,
N. Y., on pulp and paper mill and hydro-electric
plant of 3,500 h. p. at Black River, together with
6 miles of transmission line to Watertown, 7 miles
of transmission line extending to Dexter and 25
miles to: Natural Bridge. Population, Water-
town, 27,000. ‘Transmission lines are on private
rights-of-way. Franchises in Watertown are
perpetual.
Underlies—$678,000 N. N. Y. U. Ist & Ref.
5s, 1963.
- ‘Net Earnings (12 mos.), 2/28/15.. $246,416
116,625
82,725
- Interest on bonds now out.......
&Phis i ISSUE «6 iste arons os Me ae oa
-+. Original Market—$1,157,000 offered in July,
1909, by Potter, Choate & Prentice and Spencer
Traske & Co., New York, at 99 and interest.
. Market.
u ‘New ‘York—Spencer Trask & Co., Foster &
Adame, Kirkpatrick & Lewis, Gude, Winmill &
Co., Chas. H. Jones & Co.
Geese Hutchinson.
Utica—Avery Horton.
WATERVLIET (N. Y.) HYDRAULIC CO. Ist
5s. Due Nov. 1, 1940.—N.
Dated Nov. 1, 1900. Interest payable May
and Nov. 1, at Burr & Knapp, Bridgeport, Conn.
Authorized—$300, 000.
Outstanding—$295,000. '
‘Denomination—Coupon, $500 and $1,000..
Trustee—Columbia rust Co,, New York.
Organization—Incorporated in New York in
1900 as successor to West Troy Water Works. .:
Secured by a first mortgage on plant supplying
water to Watervliet, N. Y. Population served,
18,000. Franchise perpetual.
Underlies—$17, 500 2nd 5s of 1919.
Market.
New York—Tobey & Kirk.
Boston—H. C. Spiller & Co., Inc.
'WATERVLIET TURNPIKE & RAILROAD co.
1st 6s. Due May 1, 1919.—
Dated May 1, 1889. Interest “payable May
and Noy. 1, at Trustee’s office.
Authorized and Outstanding —$350, 000.
Denomination—Coupon, $1,000.
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Control—Merged into the United Traction
Co., the entire capital stock of which i is owned. by
the Delaware & Hudson Co.
Assumed by the United Traction Co.
Secured by a first mortgage on the 8.42 miles
of trolley road from South Ferry St., Albany, to
Watervliet, N. Y., North Ferry St., Albany,
along the Hudson River in Albany, and bridge
over the Hudson River from Watervliet to Troy.
Underlies—$150,000 2d Mtge. 6s, $456,000
United Traction Co. Deb. 4l4s of 1919, and
$2,588,000 Cons. 414s of 2,004, under which
mortgage bonds are reserved to retire this issue
at maturity.
Legal for New Hampshire.
Net Earnings, S/ Anis - $1,124,689
Interest and taxes. Sots 1,326
PP HIS ISSUE. 6 a iad seyole does deaceae'e d 0% 563,906
Market.
New York—Kirkpatrick & Lewis.
WATERVLIET aT ERE & RAILROAD CO.
2nd 6s. Due May 1, 1919.—N.
Dated June 20, 1890. Interest _payable May
and Nov. 1, at office of Trustee.
Authorized and Outstanding $150, 000.
Denomination—Coupon, $1,00
Trustee—Metropolitan Trust Co. -, New York.
Organization, Earnings, etc.—See 1st 6s above.
Assumed by the United Traction Co.
Secured by a second mortgage on the trolley
road covered by the ist 6s.
Prior Liens—$350,000 1st 6s on the same
property.
Underlies—$456, 000 United Traction Co. Deb.
4%s of 1919, and $2,588,000 Cons. 4%s of 2004,
under which mortgage bonds are reserved to re-
tire this issue at maturity. :
Legal for N. H.
WAUKESHA (WIS.) GAS & ELECTRIC CO.
1st 5s. Due Jan. 1, 1959.—F. .
Dated Jan. 1, 1909. Interest payable Jan.
and July 1, at Girard Trust Co., Philadelphia.
Authorized—$600,000.
Outstanding—$310,000.
Denomination—Coupon, $1,000.
Trustee—Girard Trust Co., Philadelphia.
- Guaranteed principal and interest by American
as Co.
Controlled by the American Gas.Co. through
ownership of entire capital stock.
Secured by a first mortgage on electric plant
and second mortgage on gas plant supplying
Waukesha, Wis. Population served, 9,000.
Operates under an indeterminate franchise gran-
ted by Public Service Commission of Wisconsin.
Prior Liens—$90,000 Waukesha American
Gas Co. 6s of 1917.
Market.
é Philadelphia—Bioren & Co., Geo. S. Fox &
ons.
895
WAUSAU (WIS.) STREET RAILWAY Ist 5s.
Due Jan. 1, 1932.—N.
Dated Jan. 1, 1912. Interest payable Jan. and
July 1 at Trustee’s office,
Authorized—$1,000,000.
Outstanding—$350,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee— Wisconsin Valley Trust Co., Wausau,
is.
Redeemable after Jan. 1, 1917, on any interest
date at 102 and interest.
Sinking Fund—Annually 2% of bonds out-
standing to retire and cancel bonds or for acqui-
sitions.
Organization—Incorporated in Wisconsin in
Secured by a first mortgage on eight miles of
electric railway between Wausau and Rothschild,
Wis. Company is also supplying electricity.
Property covered aT a hydro-electric plant.
Population served,
Net Earnings, 6/30/13 Baty Ge HORNS wae $86,520
TMtOrest pais s-sets(s. a a ans sp peace we shone « 18,248
Original Market—$350,000 offered in 1912,
by the First Savings vee & Trust Co., Milwau-
kee, Wis., on a 5% basis.
Market.
Milwaukee—Edgar, Ricker & Co.,
Savings Bank & Trust Co.
WAYAGAMACK PULP & PAPER CO. Ist S. F.
6s. Due Feb. 1, 1951.—N.
Dated Feb. 1, 1911. Interest payable Feb. 1
and Aug. 1, at Trustee’s office.
Authorized—$5,000,000. -
Outstanding—$3,500,000.
Denomination—Coupon, $100, $500 and $1,000.
Registerable as to principal.
Trustee—Quebec Savings & Trust Co.,
Montreal.
Redeemable as a whole at 105 and interest on
and after Feb. 1, 1916, or in part for sinking fund
after Feb. 1, 1917.
Sinking Fund—Annually, beginning Feb. 1,
1917, 1% of outstanding bonds plus interest on
bonds redeemed. Fund is to be applied to the
purchase or redemption of these bonds at not
exceeding 105 and interest. Z
Organization—Incorporated in Canada _ to
take over the business of Alexander Baptist,
Three Rivers, Que.
Secured by a first mortgage on 1,120 square
miles of pine and spruce timber land held under
Government license and estimated to contain
497,000,000 feet of white pine, 706,000,000 feet
of spruce and about 5,000,000 cords of pulp
wood located in the St. Maurice River Valley;
also on pulp and paper mills and other real estate
on Baptist Island, which is owned in fee.
Net Earnings, 6/30/14 es dgedoen Fuso t $403,903
Anberestissicscteacias a os ieee ce Ha wea 210,000
First
Montreal—Dominion Securities Corp. Ltd.,
Greenshields & Co., McCuaig Bros. & Co.
WAYNE WATER WORKS CO. Ist 4}4s.
Jan. 1, 1933.—.
Tax exempt in Pennsylvania.
Dated Jan. 26, 1903. Interest payable Jan.
and July 1, at ‘Columbia Avenue Trust Co.,
Philadelphia.
Authorized—$150,000.
Outstanding—$150,000.
Trustee—Columbia Avenue Trust Co., Phila-
delphia.
Guaranteed as to principal and interest under
terms of lease by the Springfield Consolidated
Water Co. °
Control—Absorbed in 1904 by North Spring-
field Water Co., whose property is leased for
99 years from 1908 to the Springfield Consolidated
Water Co. Rental principal and interest on
bonds, expenses and taxes. A majority of the
Due
stock of this company is owned by the American
Pipe & Construction Co.
Secured by a first mortgage on plant supplying
water to Wayne, Pa., and other places in the
vicinity, all lying within the Supurban zone of
Philadelphia. Franchises are perpetual.
Underlies—$2,000,000 North Springfield Water
5s.
Market.
Philadelphia—F. P. Ristine & Co.,-
Phillips, Reed & Huntoon.
8. K.
(THE) WEATHERFORD, MINERAL WELLS &
NORTHWESTERN RAILWAY CO. Ist
5s. Due Aug. 1, 1930.—F.
See Map 78.
Dated November 1, 1902. Interest payable
Feb. and Aug. 1, at Bankers’ Trust Co., New
York.
‘Authorized—$1,354,000. :
Outstanding—$660,000.
Held in Treasury—$120,000.
Denomination—*Coupon, $1,000. Registerable
as to principal only, or fully registerable. C.&R.
interchangeable. Registered, $1,000.
Trustee—New York Trust Co., New York.
Guaranteed principal and interest by endorse-
ment of the Texas & Pacific Ry. Co.
Controtied by the Texas & Pacific Ry. Co.
through ownership of over 94% of the $100,000
capital stock. -
Secured by a first mortgage on (18) 41 miles of
road from Weatherford, via Mineral Wells, to
Graford, Texas. These bonds are outstanding
at the rate of $16,100 per mile..
Net Earnings, 6/30/14............ $48,656
Interests: eicsi ads recesses o ns 24% 36,348
Legal for Texas.
Listed on the New pore Stock Exchange.
‘ arket.
New York—Simon Borg & Co., Bigelow & Co.,
McGeorge & Vanderhoef, F. J. Lisman & Co.
WEBSTER COAL & COKE CO. ist Cons. 5s.
Due March 1, 1942.—F.
Dated March 1, 1902. Interest payable March
1 and Sept. 1, at Trustee’s office.
Authorized—$3,000,000.
Outstanding—$2,792,000. .
Retired by Sinking Fund—$138,000.
Denomination—Coupon, $1, 000:
Trustee—Guaranty Trust Co., New York.
Sinking Fund—Began March 1, 1907, 24 cents
per ton of coal mined for the purchase of these
bonds at not exceeding 110 and interest. If not
so purchasable, to be drawn by lot in amounts of
$50,000.
oo by the Clearfield Bituminous Coal
orp.
Control—The property of this company was
acquired in 1911 by the Clearfield Bituminous
Coal Corp. which is controlled through entire
stock ownership by the New York Central &
Hudson River R. R. Co. The developed proper-
ties of the company are leased to the Pennsylvania
Coal & Coke Corp. for all the coal in the property
at a minimum annual rental of $225,000 as
modified April, 1913.
Secured by a mortgage on 55,000 acres of
bituminous coal lands in Cambria, Blair and
Indiana Counties, Pa., together with mines,
equipment, etc.
Market.
Philadelphia—Robt. Glendinning & Co., O. B.
Lansinger & Co., S. K. Phillips, Oscar R. Dare,
Reed & Huntoon, Battles & Co.
New York—F. J. Lisman & Co.,.F: H. Hatch
& Co., W. E. Hutton & Co., Wolff & Stanley,
Korn, Lehman & Co., Bigelow. & Co., Kirkpat-
rick & Lewis, Hartshorne & Battelle, Jones &
Lanman.
Scranton—Brooks & Co., E. A. Burke & Co.
896
WELSBACH COMPANY Coll. Tr. 5s.
June 1, 1930.—N.
Tax free in New Jersey. .
Dated June 1, 1900. Interest payable June
and Dec. 1, at Trustee’s office.
Authorized—$7,000,000.
, Outstanding—$3,592,940.
Held in Sinking Fund—$3,391,100.
‘Dénomination—Coupon, $100, $500
$1,000. Registerable as to principal.
Trustee—Provident Life & Trust Co., Phila-
delphia.
Sinking Fund—$105,360 annually from March
1, 1901 for the purchase of bonds not to exceed par
and interest.
Organization—Incorporated in New Jersey in
1900 to acquire the capital stocks of the Welsbach
Light Co. and the Welsbach Commercial Co.
Controlled through stock ownership by the
United Gas Improvement Co.
_ Secured by a first mortgage on all property,
rights, leases, ete. directly owned by the company
and further secured by deposit of stock of the
Welsbach Light Co. and the Welsbach Commer-
cial Co. The company’s plants are located at
Gloucester City, N. J., and Columbus, O.
Net Earnings, 12/31/14.......... $747,814
Interest on bonds...............
Sinking Fund................. «105,360
Listed on the Philadelphia Stock Exchange.
: arket.
Philadelphia—Reed A. Morgan & Co., Benson
& Packard, Mellor & Petry, H. F. Bachman &
ra Henry & West, S. K. Phillips, C. D. Barney
0.
New York—Didrichsen & Co.
Due
and
(THE) WEST CHESTER (PA.) STREET RAIL-
WAY CO. 1st 5s. Due Aug. 1, 1932.—F.
Dated Aug. 1, 1902. Interest payable Feb.
and Aug. 1, at Trustee’s office.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—West End Trust Co., Philadelphia.
_ Organization—Incorporated in Pennsylvania
in 1890. Owns the Chester Valley Electric Light,
Heat & Power Co. and the Coatesville Electric
Light, Heat & Power Co.
Secured by a first mortgage on 30 miles of
electric railway track extending from Kenneth
Square through Lenape and West Chester to
Donnington, Gallagherville and Coatesville and
including street railway system in West Chester
and Coatesville. Franchises are perpetual and a
large part of line is on private right-of-way.
Net Earnings, 6/30/14............ $70,609
Interest, taxes, ete............... 64,438 |
Original Market—First offered by Geo. C.
Atlee & Co. now Woelpper, Crawford & Co.,
Philadelphia.
3 Market.
Philadelphia—Reed A. Morgan & Co.
WEST END STREET RAILWAY CO. Deb. 4s.
Due May 1, 1916.—N.
Dated May 1, 1896. Interest payable May
and Nov. 1, at American Trust Co., Boston.
Authorized and Outstanding—$815,000.
Pehombnstun--Counen and Registered,
Organization, Property,
44s of 1930 below.
Listed on the Boston Stock Exchange.
WEST END STREET RAILWAY CO. Deb. 4s.
Due Feb. 1, 1917.—N.
Dated February 1, 1897. Interest payable
Feb. and Aug. 1, at American Trust Co., Boston.
Authorized and Outstanding—$2,700,000.
Denomination—Coupon and Registered,
Earnings, etc.—See
Organization, Property, Earnings, etc.—See
44s of 1930 below.
Listed on the Boston Stock Exchange.
WEST END STREET RAILWAY CO. Deb. 4s.
Due Aug. 1, 1915.—N.
Dated August 1, 1900. Interest payable Feb.
and Aug. 1, at Old Colony Trust Co., Boston.
Authorized and Outstanding—$4,743,000.
Denomination—Coupon $1,000. Registered,
$1,000, $5,000 and $10,000.
Organization, Property, Earnings, etc.—See
414s of 1930 below.
Listed on the Boston Stock Exchange.
WEST END STREET RAILWAY CO. Deb. 4s.
Due Aug. 1, 1932.—N. _
Dated August 1, 1902. Interest payable Feb.
and Aug. 1, at American Trust Co., Boston.
Authorized and Outstanding—$5,709,000.
Denomination—Coupon, $1,000. Registerable
as_to principal. Registered, $1,000, $5,000,
$10,000 and $50,000. ck
Organization, Property, Earnings, etc.—See
4l4s of 1930 below.
Listed on the Boston Stock Exchange.
WEST END STREET RAILWAY CO. Deb. 4s.
Due Jan. 1, 1923.—N.
Dated January 1, 1908. Interest payable Jan.
and July 1, at American Trust Co., Boston.
Authorized and Outstanding—$700,000.
gpa Counm: $1,000. Registered,
,000.
Organization, Property, Earnings, ete.—See
4s of 1930 below.
WEST END STREET RAILWAY CO.
Als. Due July 1, 1930.—N.
Dated July 1, 1910. Interest payable Jan.
and July 1, at American Trust Co., Boston.
Issued and Outstanding—$1,604,000.
$ Denentlnation--Coupon, $1,000. Registered,
1,000. 3
Organization—The company was organized in
1887, and acquired through purchase and con-
solidation, the Metropolitan, Boston Consun-
dated, Cambridge and South Boston Street Ry.
companies, and in 1888 acquired the Suburban
St. Ry. Co. In 1897 the company was leased
to the Boston Elevated St. Ry. Co. until June
10, 1922, at a rental equal to interest and rentals,
8% on Preferred and 7% on Common Stock. In
July, 1911, the Massachusetts Legislature
authorized the consolidation of these two com-
panies upon the expiration of the lease.
Guaranteed as to interest under terms of the
lease by the Boston Elevated Ry.
Security—A direct obligation of the company,
but not secured by mortgage. Company owns
about 415 miles of track and leases 43 miles
additional, in Boston and vicinity, including
subways.
Net Earnings, Boston Elev. St.
Deb.
Ry., 6/30/13............... $5,108,310
Rental ss. syste sien Raycenecs ae 6 Zinduaees 5,2
Interest on W. E. bonds....... 790,997
Dividends, W. E., etc......... 1,415,788
Interest Boston Elev.......... 1,067,900
Dir vid end. sicsia. 0 cic sessernesaaiers se 1,193,970
Balance............s.s00-. $63,199
Legal (all issues) for Me., Mass., N. H. and
R. I.
Original Market—$700,000 4 14s of 1928 offered
by E. H. Rollins & Sons, Parkinson & Burr and
Blake Brothers & Co., all of Boston, at 102.75
and interest, Feb., 1908; $850,000 434s of 1930
offered in July, 1910, at 102 and interest by R. L.
Day & Co. and Estabrook & Co., Boston, and
$740,000 of the same issue offered in April, 1912,
at 104.45 and interest, by Perry, Coffin & Burr,
and E. H. Rollins & Sons, Boston..
897
Market.
Boston—R. L. Day & Co., Perry, Coffin & Burr,
E. H. Kollins & Sons, Parkinson & Burr, Kuhn,
Fisher & Co., Estabrook & Co., Geo. A. Fernald
& Co., ‘Blodget & Co., Curtis & Sanger, Wm. A.
Read & Co., Agame Ges Edgerly & Crops
Merrill, Oldham & ‘Co., N, W. Harris & Co.,
Paine, Webber .& Co., Hayden, Stone & Co.,
_ M.., Farnsworth & Co. -, Tucker, Anthony &
0.
‘New York—RK. H. Rollins & Sons, Blodget &
Co., Curtis & Sanger, Lee, Higginson & Co.,
Estabrook &.Co., Jackson & Curtis, Harris,
Forbes & Co., Remick, Hodges & Co., Parkinson
& Burr.
Chicago—Harris Trust & Savings Bank.
wee END SEMEET RAILWAY Deb. 5s. Nov.
Dated Nov. 1, 1912. Interest payalis May
and Nov. 1, at es Trust Co., Boston. -
Authorized and Outstanding—$600,000, _, .
Denomination—Coupon, $1,000. ° fovisteiéa
$1,000. See 414s of 1980 for description.
Organization, Property, Earnings, etc.—See
4¥%s, 1930 above.
Original Market—Estabrook R. L.
Day & Co. offered $600, 000 at 10834 Fe, 1913.
WEST END STREET RAILWAY CO. Deb. 5s.
Due March 1, 1944.—-N.
Dated March 1, i914. Interest payable March
1 and September 1, at American: Trust Co.,
Boston.
Authorized and Outstanding—$2,000,000.
Denomination—Coupon and registered, $1,000.
Cc. & R. interchangeable.
Organization, Property,.
4s, 1939, above.
Original Market-—Offered in 1914 by R. L.
Day & Co., N. W. Harris & Co., Inc.; Estabrook
& Co., Blodget & :Co. and Merrill, Oldham & Co.,
all of Boston, at 106 and interest.
WEST END TRACTION CO. (PITTSBURGH)
Gen. 5s. Due Jan. 1, 1938.—F.
_Tax exempt in Pennsylvania.
‘Dated Jan. 1, 1898. Interest payable Jan.
and July 1, at ea Trust Co., Pittsburgh, Pa.
Authorized—$1,500,000,
Guistanding 331. 000.
Denomination—Coupon, $1,000. f
Trustee—Union Trust Co., Pittsburgh, Pa.
Control—The entire 50, 000 shares of common
stock and 50,000 shares of preferred stock are
owned by the Pittsburgh Rys. Co. The entire
stock of the latter company i8 owned by the
Philadelphia Co. ,
_ . Secured by a mortgage on about 50 miles of
street railway, serving that part of Pittsburgh
south of the Ohio River and the adjacent towns
of McKees Rocks, Carnegie and Chartiers, Pa.
Population served, 100,000 (see lines subject to
direct third lien of the So. Trac. Co. 5s. and
securities covered by that mortgage as a second
lien). Franchises perpetual..
Prior Liens—$176,000 Pittsburgh, Crafton &
Mansfield Ry. 1st 5s of 1924 and $343,000 Pitts-
burgh & West End 1st 5s of 1922 for the retire-
ment of both issues bonds are reserved under this
issue.
Underlies—$4,000,000 Southern Trac. Co. of
Pittsburgh 5s and $10,000,000 Pittsburgh Rys.
Deb. Inc. 6s, all owned by the Philadelphia Co.
Net Earnings, P. Epa Co.
Earnings, etc.—See
3/18/14. $3,645,959
Rentals. 2,838,581
Interest. || , Faia eee ena. 68,153
Listed on the Pittsburgh Stock Exchange.
Market.
Philadelphia—Chas. Fearon & Co., Henry
& West, Geo. S. Fox .& Sons, S. K. Phillips,
Robt. Glendinning & Co.
Pittsburgh—H. P. Taylor & Co., Moore,
Leonard & pa aes Child" & Woods.
Boston—H. C. Spiller & Co.
New al oe P. Taylor & Co. _
Buffalo—H. P. Taylor & Co. :
WEST JERSEY & SEASHORE” RAILROAD
CO. ist Cons. S. F. 34s & 4s. ane July 1,
1936.—. °
See Map 97. :
Tax exempt in New Jersey.
. Dated July 1, 1896, Interest payable Jan. and
. July 1, at Broad Street Station, Philadelphia.
Authorized—$7,00' 000.
Outstanding “Series “A” 4s, ° $1,591,000;
Series “B”’ 3 $1,257,000; Series “C” 3 3's,
$791,000; Series uD 4g.'$1, 061, 000; Series ip
te ate one :000; Series “PF 4s, $988, 000. ‘Total,
6
Bolea by Sinking _Fund—$627,0
Denomination—Coupon, $1,000. ‘Registerahle
“as to principal.
Trustee—Commonwealth Title Insurance &
_ Trust Co., Philadelphia. |
Sinking ‘Fund—Annually 1% of bonds out-
standing to be applied to the purchase and can-
cellation of these bonds at not exceeding par.
Interest on the bonds acquired is to be added
to the fund. If bonds are not purchasable
at par the payment for that year shall revert
to the company.
Organization and Control—Incorporated in New
Jersey in 1896 and is a consolidation of six roads.
Controlled by the Penn. R. through owner-
ship of a majority of its stock.
Secured by a first mortgage on (12) 337.56
miles of road including main line from Camden
to Atlantic City, and Camden to Cape May and
branches from Newfield to Atlantic City, Wood-
bury to Swedesboro, Riddleton to Salem, Elmer
to Riddleton, Glassboro to Bridgeton, Sea Isle
Jet. to Ocean City, Haddonfield to Medford,
Woodbury to Penn’s Grove, and Atlantic City
to Longport. These bonds are outstanding at
the rate of $19,000 per mile.
Net Earnings, 12/31/14. “$1,164,069
Interest, ete... .. 692, 382
Legal for Me., Fla., ‘Conn., Mich., Minn., N. H.,
N. J., R. I. and Wis
Listed on the Philadelphia Stock Exchange.
Market.
New York—Brown Bros. & Co., Chas. D.
Barney & Co., Perey H Bradshaw, Bigelow &
Co., Coffin & Co. ., Freeman & Co., Penington,
Colkcet & Co., Clark, Dodge & Co., L. M. Prince
Co., nauth, Nachod & Kuhne, Wood,
Struthers & & Co., Rauscher & Childress, E. H.
Rollins & Sons, J. A. Clark & Co., Redmond &
Co., McGeorge & Vanderhoef.
Boston—E. H. Rollins & Sons.
Philadelphia—C. D. Barney & Co., Brown
Bros. & Co., Cassatt.& Co., E. B. Smith & Co.,
Henry & West, Elkins, Morris & Co., Chas.
Fearon & Co., Graham & Co., Reed A. Morgan
& Co., Reilly, Brock & Co., Sullivan Bros. & Co.
Newark—J. S. Rippel.
WEST KENTUCKY COAL CO. Ist S. F. 5s.
Due July 1, 1935:—F. ~
Dated July 1, 1905. Interest payable Jan. 1
and July 1, at North American Company’ 'S office,
New York.
Authorized—$5,000,000.
Outstanding —$1,768,000. $84,000 owned by
the North American Co.
Held in Sinking Fund—$236,0'
Denomination—Coupon, $1, 000.. Registerable
‘as to principal.’
Trustee—Equitable Trust’ Co., New York.
Redeemable as a whole or in amounts of not
less than $200,000 at 105 and interest on any
interest date, on four weeks notice.
Sinking Fund—Five cents per ton of coal
mined and sold to be applied to the purchase of
898
these bonds at not exceeding 105 and interest. © this company and the subsidiaries mentioned com-
Bonds so auited to be kept alive and interest prise 94 miles of street and interurban railway
added to fund. ue track. Franchises are mostly perpetual and
Guaranteed as to interest and sinking fund by | interurban lines are mostly on private right of
the North ‘American Co. ae . way. Companies lines have trackage rights
Controlled by the North American, Co. of New into Pittsburgh. ;
York through ownership of the entire $500,000 Prior Liens—-$2,842,000 Pitt., McK. & C. Ist
capital stock. : sohae a Cons. 5s of 1931, and $524,000 bonds of con-
Secured by a first mortgage on 28,000 acres of stituent companies.’ i
coal lands in Crittenden, Webster and Union , Underlies—$1,287,000 Coll.’ Tr. 6s of 1931
Counties, Kentucky, and eight operating mines (W. P. Rys.). Also $5,514,500 1st 5s due
with a capacity. of from 500,000 to -1;000,000 1960 of the West Penn. Traction Co. and $6,000,-
tons per annum. It is estimated that the land 000 6% Notes. ‘ s
contains 386,000,000 tons of merchantable coal. Net Earnings included in West Penn Traction
The company owns and operates coal yards at Co. foilowing. Bees i =n
Memphis, Tenn., and Paducah, Ky.; also owns Listed on the Philadelphia, Louisville,. Pitts-
a fleet of barges and steamers for river transporta- | burgh and Baltimore Stock Exchanges.
tion. £ Original Market—$2,500,000 ‘offered in May,
Net Earnings, 12/31/14 +, $273,222 1905, at 101 and interest by N: W. Halsey & Co.,
Interests: sic cin cies wae .. §48,211* New York, Philadelphia, Chicago, etc., and J. S.
*About two-thirds of this amount payable & W. 8S. Kuhn, Inc., Pittsburgh.
to the N. A. Co. on account of interest on floating Market. :
debt due that company, amounting to $4,500,000. New York—N. W. Halsey & Co., E. & C.
Original Market—Offered in Oct., 1905, at 95 Randolph, Bigelow & Co., H. P. Taylor & Co.,
and interest by Spencer Trask & Co. and F. S. Boissevain & Co.
Smithers & Co., New York, and Francis ‘Bro. Philadelphia—Henry & West, Oscar R. Dare,
& Co., St. Louis. Ge a ie ‘S. K. Phillips; Robt. Glendinning & Co., H. F.
__ Market. ei ' Bachman & Co., E. R. Barnard, Mellor & Petry,
New York—Bigelow & Co., L. F.Hepburn, C. C. Harrison, Jr., & Co., Elkins, Morris & Co.,
Spencer Trask & Co., Blodget & Co., Rauscher _ ee & Stokes, Barclay, Moore & Co., Halsey
& Childress, McGeorge & Vanderhoef, F. H. & Co., Wurts, Dulles & Co., Frazier & Co., C. D
Hatch & Co. ' Barney & Co. : ;
Boston—Walter S. Place, Blodget & Co. Baltimore—Mackubin, Goodrich & Co., How-
-_- ard R. Taylor & Co., Sutton & Co.
WEST PENN RAILWAYS CO. Ist 5s. Due Pittsburgh—Safe Deposit '& ‘Trust Co., H. P.
Jan. 1,1931.—F. Taylor & Co., Speer Bros. & Co.,,Moore, Leonard
Tax free in Pennsylvania. & Lewis, Donner, Child & Woods,
Dated April 1, 1905. Interest payable April Louisville, Ky.—Henning, Chambers & Co.,
and Oct. 1, at Trustee’s office. Lawrence Timmons & Co.
Authorized—$6,000,000. eee Buffalo—H. P. Taylor & Co.
Outstanding—$5,664,500. | A o-—
Denomination—Coupon, $500 and $1,000. WEST PENN TRACTION CO. Ist 5s. Due
Registerable as to principal. June 1, 1960.—F.
Trustee—Equitable Trust Co., New York. Tax exempt in Pennsylvania.
Organization—Incorporated, in 1904. as a Dated June 1, 1910. Interest payable June
consolidation of a number of traction companies and Dee. 1, at Trustee’s office.
and 10 electric lighting companies in Western Authorized—$25,000,000.
Pennsylvania. In 1906 acquired a controlling Outstanding—$5,514,500. oe
stock interest in the McKeesport & Duquesne Pledged Under 6% Notes—$7,500,000.
Bridge Co., the entire capital stock of the La- Denomination—Coupon, $500 and... $1,000.
trobe Street Ry. Co. and in 1907 a majority of Registerable as to principal. _ a)
the stock of the Pittsburgh, McKeesport & Trustee—Equitable Trust Co., New York.
Greensburg Ry. Co. Organization—Incorporated in , Pennsylvania
, Control—The entire $3,250,000 common stock _ to take over the entire $3,250,000’common stock of
is owned by the West Penn Traction Co., and of the West Penn. Rys. The company is a
, deposited under that company’s First Mortgage consolidation of numerous street and interurban
. 58 of 1960. The éntire common stock of.the railways and electric power plants in southwestern
' Tatter company is owned by the West Penn Pennsylvania, West Virginia and eastern Ohio.
Traction Water Power Co, and property Controlled by the West Penn Traction & Water
leased to that company for 990 years. The Power Co. through ownership of entire stock
last named company is controlled through stock and by a 990 year lease which provides for a
ownership by the American: Water Works & rental sufficient to pay all operating expenses,
Electric Co. (successor to American. Water — interest and 6% dividends on the comomn
Works & Guarantee Co.) ~*“gtock. $14,344,000 of the $20,500,000 common
Secured by a first mortgage on power station stock and $3,094,000 ‘of the $6,500,000 preferred
at Connellsville, on high tension lines, six sub- stock are owned by the American Water Works
stations and about 33 miles of electric railway & Electric Co. ;
track; and a direct mortgage on certain electric Secured by a first mortgage on 89 miles of
light and power plants serving communities track subject, only to'a mortgage of $27,500.
tributary to its lines. Further secured by Also on upwards of 159 miles of high tension
deposit of $999,600 of $1,000,000 capital stock transmission. lines, subject to $8,681,500 prior
of the West Penn Interurban Ry. Co., $2,999,600 _ liens, issecured by a mortgage on about 157 miles
of $3,000,000 capital stock of the Pittsburgh, of road leased for 990 ‘years, and on electric
McKeesport & Connellsville Ry. Co., $149,600 lighting and power plants serving 69 munici-
” of $150,000 capital stock of the Greensburg & palities. Also secured by deposit’ of the entire
Southern Electric Street Ry. Co., $792,550 of | issue of Collateral Trust Mtge. 5s ($1,287,000)
$800,000 capital stock West Penn. Electric Co., and thestock ($3,250,000) of the West Penn Rys.
$252,000 stock of the Westmoreland Light, Heat Also secured on the power houses Situated at
: Power Co. and $100,000 capital stock of the jeshineton, | Waynesboven, McDonald, ‘Leech- Pe
| Latrobe Street Ry. Co. Also a lien on the 999 _ burg, Tarentum, Butler, ittanning, Ambridge,
_ year leases of the properties of the Pittsburgh, Pera o0e Garret’s Run, etc., ae only to a
McKeesport & Connellsville Ry. Co., West Penn | - $400,000 mortgage, OR. two of. the properties.
' Interurban Ry. Co. and Greensburg & Southern ~ ese power plants Nerve upwards of 31 towns.
Electric Street Ry. Co. The property owned by Secured also on stocks of variduS acquired com-
899
panies, including the Kiskiminetas Valley Elec.
‘0. ‘he System operates about 315, miles of
track and 315 miles of transmission lines. Serves
in various Ways over 125 towns within 75, miles
of Pittsburgh, having a population of over
‘00,000. Franchises are mostly perpetual or
for 990 years. ¢
Prior Liens—About $9,175,000 bonds of the
West Penn Rys., including the $5,664,500 1st
Mtge. 5s, due 1931,. $27,500 Kittanning & Ford
City, N. Y., 1st 5s, due 1928, $1,680,000 Alle-
“gheny Valley St. Ry. 5s, fine 1aa6 (indirectly).
J.
Net Earnings (W. P. T. & W. P.
Co.), 12/81/13...........65. $2,030,045
Charges.................. 005, 9321,6
Listed on the Baltimore, Pittsburgh and
Louisville Stock Exchanges. «3
Original Market—Offered in Oct., 1910, by
.S. and W. S. Kuhn, Ine., of Pittsburgh, and, in
1911 by H. B. Hollins & Co., New York, at 97
and interest; also offered in April, 1913, by J. S.
& W. 8S. Kuhn at the same price.
‘ : arket.
Pittsburgh—H. P. Taylor & Co., Colonial
Trust Co., Moore, Leonard & Lewis, Speer Bros.
& Co., Gordon & Co. ‘ :
New York—J. S. Bache & Co., F. H. Hatch &
Co., Chandler Bros. & Co., H. P. Taylor & Co.,
Geo. H. Burr & Co., A. B. Leach & Co. ;
Baltimore—Nelson, Cook Co., Robert
Taylor & Co., Mackubin, Goodrich & Co., Town-
send Scott & Son.
Philadelphia—Henry & West, O. B. Lansinger
& Ca., S. K. Phillips, Oscar R. Dare, C. C.
Harrison, Jr., & Co., Barclay, Moore & Co., Mel-
lor & Petry, Wistar & Stokes.
Portland, Me.—H. M. Payson & Co. :
Boston—Kuhn, Fisher & Co., A. B. Leach &
O.
Buffalo—H. P. Taylor & Co.
Louisville—Lawrence Timmons & Co.
WEST PENN TRACTION CO. Three-year 6%
Notes. Due March 1, 1917.—N.
Tax free in Pennsylvania.
Dated March 1, 1914. Interest payable
March and Sept. 1 in New York, Chicago and
London.
Authorized—$7,500,000..
Outstanding—$6,000,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal.
Trustee—Continental & Commercial Trust &
Savings Bank, Chicago.
Redeemable as a whole during the first year
at 101 ahd interest; second year at 1004 and
interest; third year at par and interest.
Secured ' by pledge of $8,000,000 of First
' Mortgage 5% bonds of the West Penn Trac-
tion Co., thereby ranking equally with the
outstanding $5,514,500 First Mtge. 5% bonds
of the company, also by certain other securities,
bills, notes, etc., owned by the West Penn Trac-
tion Co. The issuance of these Notes is condi-
tioned upon the expenditure by the West Penn
Traction Co. of at least $4,000,000 during the
years 1914 and 1915 for betterments, improve-
ments and new construction against which ex-
penditures First Mortgage bonds, to be pledged
as security for these Notes, will be issued. As
said bonds can be issued only on the basis of
$900 of bonds for each $1,000 for improvements
and new construction completed the company
must spend out of its own funds at least 28 cents
on the dollar of the cost of such new construc-
tion before drawing upon the funds provided
for that purpose by the note issue. See First
Mtge. 5s above for description of the property.
Prior Liens—$20,678,500 bonds.
Underlies—$3,220,000 Junior Notes.
Original Market—Offered May 1914, at 99
and interest by A. B. Leach & Co., New York,
and Continental & Commercial Trust & Savings
Bank, Chicago.
900
‘Pennsylvania in 1864.
Market. an
New York—Didrichsen & Co., Ernest Smith,
Hornblower & Weeks, A. B. Leach & Co.
Pittsburgh—Gordon & Co. , .. |;
Chicago—Continental & Commercial Trust
& Savings Bank, C. F. Childs & Co. .
Philadelphia—Oscar R. Dare, Barclay, Moore
& Co., Robt. D. Ghriskey.
Boston—A. B. Leach & Co.
WEST PHILADELPHIA PASSENGER RAIL-
WAY Ist 3}4s. Due April 1, 1956.—F.
Tax exempt in Pennsylvania...
Extended from April 1, 1906, with interest
reduced.from 6%. Interest ‘payable Apr. and
Oct..1, at Girard Trust Co., Philadelphia.
Authorized—$250,000. 2%
Outstanding—$246,000.
. Denomination—Coupon, $1,000. « . .
Trustee—Girard Trust Co., Philadelphia.
Organization and Control—Incorporated in
Leased to the : Phila-
delphia Traction at a rental: of $150,000 (2% on
stock) and interest, taxes, etc. The Phila.
Traction Co. owns $392,950 of the $750,000
stock of the W. Phila. Pass. Ry. The Phila.
Traction Co. is leased to the Union Traction
Co., which is in turn leased to the Philadelphia
Rapid Transit Co. ~- :
Secured by a first mortgage on the 27 miles of
‘track owned by the compan:
pany.
Underlies—$750,000 2d 5s due 1926.
WEST SACRAMENTO (CAL.) CO. 1st S. F. 68.
Due Jaly 1, 1930.—F.
Dated July 1, 1910.
and July 1.
Authorized—$2,00.0,000.
Outstanding—$2,000,000.
Denomination—Coupon, $1,000.
_ Trustee—Mercantile Trust Co.,
cisco.
Redeemable on any interest date at 105 and
interest. .
Sinking Fund—Beginning July 1, 1916, will
retire bonds as follows: 1/14 in 1916; 1/13 in
1917; 1/12 in 1918; 1/11 in 1919; and an amount
thereafter sufficient to retire the entire issue by
maturity.
Organization—Incorporated February,
in California.
Secured by a first mortgage on 11,200 acres
of land situated opposite to Sacramento on the
Sacramento River, with a levee system, docks,
etc. The tract is being developed for ware-
house and factory sites, wharfage facilities,
residential sites, truck gardens and other agri-
cultural purposes, etc. 50% and upwards of all
amounts received from the sale of property is
to be deposited with the Trustees to be applied
towards the redemption of these bonds.
Original Market—First offered by Louis Sloss
& Co., San Francisco, at par.
Market.
San Francisco—Byrne & McDonnell.
‘Interest payable Jan.
San Fran-
1910,
WEST SHORE RAILROAD CO. Ist 4s.
January 1, 2361.—N.
See Map 82. :
Dated December 5, 1885. Interest payable
va and July 1, at Grand Central Station, New
ork. i
Authorized and Outstanding—$50,000,000.
Due
Denomination—Coupon, $1,000. Fully regis-
toaead Registered, $500, $1,000, $10,000,
Trustee—Union Trust Co., New York.
Control—Leased to the New York Central &
Hudson River R. R. Co. in 1886, for 475 years,
with peraleke of extension for a further period
of 500 years, at an annual rental of 4% on
$50,000,000 bonds. Entire capital stock owned
by the New York Central R. R.
Guaranteed principal and interest by the
& H. R R. R. Co. by endorsement. |
Secured by a first mortgage at the rate of
$104,300 per mile on (1) 479 miles of road; from |
Weehawken, N. J., to Buffalo, N. Y., and
branches, from Ravena to Kenwood Jct., N. Y.,
from Congers to Rockland Lake, N. Y., and from
Syracuse to Farlville, N. Y., together with
terminals at Weehawken, N. J., lands, elevators,
ete. ain line is double tracked.
Legal for Cal., Conn., Fla., Me., Mich.,
Minn., Mo. and N. H.
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
New York—Harris, Forbes & Co., Redmond &
Co., Crawford, Patton & Cannon, Coffin & Co.,
Jso. Walker & Sons, Plympton, Gardiner & Co.,
Ambrose R. Clark, Simon Borg & Co., Struthers
& Hiscoe, MeGeorge & Vanderhoef, Hartshorne
& Battelle, Rauscher & Childress, H. N. Whitney
& Sons, Tobey & Kirk, Seasongood & Haas.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savings Bank.
WEST SIDE BELT RAILROAD Ist 5s.
Sept. 1, 1937.—F.
See Map 126.
Dated Sept. 1, 1897. Interest payable Mar.
ant Sept. 1, at Colonial Trust Co., Pittsburgh,
Be
Authorized—$1,000,000.
Outstanding—$383,000.
Retired—$617,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Union Trust Co., Pittsburgh.
Organization and Control—Incorporated in
Penn. in 1895. Property was placed in the hands
of a Receiver in 1908. Practically the entire
stock is owned by the Pittsburgh Terminal R. R.
& Coal Co., which is controlled by the Wabash-
Pittsburgh Terminal Ry., all of whose stock is
owned by the Wabash R. R. All of these com-
panies are in the hands of Receivers.
Secured by a first mortgage on (9) 22 miles of
railroad from Pittsburgh to Clairton, Pa.
Prior Liens—$714,286 6% Receivers Certifi-
eates due June 1, 1914.
Net Earnings, 6/30/14. $274,168
190,135
Interest
Market.
- no York—H. P. Taylor & Co., F. J. Lisman
0.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co. —
WEST VIRGINIA & PITTSBURGH RAILROAD
‘CO. 1st 4s. Due April 1, 1990.—F.
See Map 7. f
Dated April 1, 1890. Interest payable April 1
and Oct. 1, at the office of the Baltimore & Ohio
R. R. Co., New York. Interest was reduced
in 1899 from 5% to 4%.
Authorized—$4,000,000.
Outstanding—-$3,973,000 4s; $9,000 5s.
Deposited under B. & O., P., L. E. & W.Va.
4s—$18,000 4s.
Denomination—Coupon, $1,000.
as to principal. '
Trustee—Mercantile Trust & Deposit Co.,
Baltimore. | ; i
Sinking Fund—$1,500 semi-annually on April
and Oct. 1, beginning Oct. 1, 1895, to purchase
bonds at not to exceed 110 and int. If not so
purchasable to be invested in other securities
suprored by the company. Bonds so acquired
to be held alive.
Assumed by the B. & O. R. R. Co. ?
Organization and Control—Incorporated in
West Virginia in 1890 and in 1912 was merged
with the Balt. & Ohio R. R. Co.
Secured by a first mortgage at the rate of
$22,500 per mile on (10) 177 miles of road from
Due
Registerable
Registerable
901
Clarksburg’ to Richwood, W. Va., Flatwoods —
to Sutton,
‘on, W. Va., and Macbeth Jet. to Pickens,
W. Va.; ‘also secured By
134,842 acres of timber arid coal lands in W. Va.
Refunding—The B. & O. R. R, Co.-P., L. E. &
W.' Va. System Ref. Mtge. of 1941, provides to
retire this issue. me
Legal for Conn., Fla., Me., Mich., Minn., N.H.
. J. R. I. and Wis. i
Original Market—First .offered by Brown
Bros. & Co., New York, Philadelphia and Boston.
Market.
New York—Brown Bros, & Co., Spencer Trask
& Co., Wm. C. Wilson, Coffin & Co., Penington,
Colket’ & Co., Simon Borg & Co., MeGeorge &
a first mortgage on
Vanderhoef, Herrick & Bennett, Redmond & Co., .
Vaughan & Co., Foster & Adams. __ .
Baltimore—John D. Howard & Co.
WEST VIRGINIA PULP _& PAPER CO. Ist 5s.
‘Due July 1, 1921.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at somileaina Guarantee & Trust Co.,
Wilmington, Del.
Authorized—$1,500,000.
Outstanding—-$864,000.
Retired or Cancelled—$533,500.
Held in Treasury—$102,500.
Denomination—Coupon, $500 and $1,000. .
Trustee—Equitable Guarantee & Trust Co.,
Wilmington, Del.
Redeemable asa whole at any time at option of |
the company, and $110,000 redeemable annually.
Organization—Incorporated 1899 in Delaware.
Owns various paper mills and a large timber area.
Secured by a first mortgage on upwards of
60,000 acres of timberland and by mills at Tyrone,
Pa.; Luke, Md., Davis, W. Va.; and Covington,
a.
Wadertice— ee? 5% 30-Year Debentures.
arket. :
New York—Bigelow & Co., R. B. Hathaway,
F. H. Hatch’ & Co., Rauscher & Childress. .
Baltimore—Robert Garrett & Sons.
WEST VIRGINIA TRACTION & ELECTRIC
CO. Conv. 5% Notes. Due July 1, 1915.—F.
Tax exempt in Pennsylvania.
Dated July 1, 1912. Interest payable Jan. and
July 1, at Trustee’s office.
Authorized and Outstanding—$1,250,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 102 and interest upon 90 days’
notice. —
Convertible dollar for dollar at maturity at the
option of the holder upon 80 days notice into
1st Refunding & Extension 6s of 1942. The
Directors have the right to grant this privilege
on any interest date. we
Organization and Control—Incorporated in
West Virginia July, 1912. Acquired the Union’
Utilities Co. and the City & Elm Grove R. R.
The latter controlled the City Ry., the Wheeling
& Elm Grove Ry., the Wheeling Park Associa-
tion, and the Suburban Light & Water Co. Also
acquired the City & Suburban Gas Co, of Charles-
ton and the Virginia Oil & Gas Co. Controlled
by the Eastern Power & Light’ Corporation,
through ownership of all except $3,800 of the’
$1,250,000 stock.
Secured by pledge of $1,565,000 ($1,250 for’
each $1,000 Note) West Virginia Trac. & Elec. Co.
1st Refunding & Extension Mtge. 6s due 1942.
The bonds deposited as collateral for this issue of
Notes may be sold at 90 or better and the proceeds
used to retire said Notes.
- The W. Va. Traction & Elec. Co. operates the
various properties mentioned above which
operate traction lines, electric light and power,
gas and water plants in West Virginia, located
in Wheeling and suburbs, Morgantown, Charles-
ton, etc. Also an amusement park suburban to.
Wheeling, 72 natural gas wells and about 15,000
acres of gas and ojl lands undeveloped. The
franchises are, with the exception of one which —
expires 1927, either perpetual or of longer dura-
tion than the issue of Refunding bonds, which
secures the Note issue.
Prior Liens—$1,154,000 City & Elm Grove
R.'R. Cons. 5s of 1936, $965,000 Wheeling &
Elm Grove 5s of 1981 and $1,193,000 Union
Utilities Co. 5s of 1944. The Refunding &
Extension mortgage provides for the retirement of
these issues. , :
Net Earnings, 12/31/14......... $864,637
Interest ics juss oes seins wc sisted 244,390
Original Market—Offered $1,250,000, in July,
1912, by Wm. Morris Imbrie & Co. and Crawford,
Patton & Cannon, New York, at 96% and inter-
est.
Market. | ,
Boston—Hayden, Stone & Co., L. Sherman
Adams. é ,
New York-——Plympton, Gardiner & Co., Wm.
Morris Imbrie’ & Co., Crawford, Patton &
Cannon, Edmund Seymour & Co., Howe,
Norris & Co., H. P. Taylor & Co., Gude, Win-
mill & Co. roca
Pittsburgh—H. P:-Taylor & Co.
Philadelphia—E. W. Clark & Co.
Buffalo—H. P. Taylor & Co. : ey
WESTCHESTER (N. Y.) ELECTRIC RAIL-
WAY Ist 5s. Due July 1, 1943.—N. .
Dated July 1, 1898. Interest payable Jan. '
and July 1, at Bankers’ Trust Co., New York.
Authorized and Outstanding—$500,000.
Denomination—Coupon, $1,000. :
Trustee—Bankers’ Trust Co., New York.
Guaranteed principal and interest by Union
Ry. Co. of New York, ;
Controlled by the Third Avenue Ry. Co. of
New York City, through ownership of all capital
Stock of the Union Ry. Co. ee
Secured by' a first mortgage on 30 miles of
street railway. Company operates 37 miles of
road including seven miles of trackage.
Net. Earnings, 6/30/14 . ae
Rentals. .
Interest...
Spouse Or Sete Te pee aernn as 4 96,945
Surplus Union Ry. Co. after charges, 6/30/14
$407,060 6/30/13 $211,038.
2 Market, -
New York—Plympton, Gardiner & Co., Wm.
A. C. Ewen; Tobey & Kirk, F. H. Hatch & Co.,
J. K. Rice, Jr., & Co., Tobey & Kirk.
WESTCHESTER LIGHTING CO. 1st 5s.
Dec. 1, 1950.—F. : ‘
Dated December 1, 1900. Interest payable
June and Dec. 1, at Trustee’s office.
Authorized—$10,000,000.
Outstanding—$8,418,000.
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Equitable Trust Co., New York.
Guaranteed as to prizicipal and interest by the’
poncudates Gas Co, of New York, by endorse-
ment.
Organization and Control—Incorporated 1900
in New York. Controlled by the Consolidated
Gas Co. of New York through ownership of
entire stock. : ‘
Secured by a mortgage on the entire property,
subject only to $907,000 pe liens, enumerated
below. The Westchester Lighting Co. is operat-
ing under franchises, practically all perpetual,
for the distribution of gas and electricity in a
large portion of the Borough of the Bronx, New
York City, also in the principal cities and towns,
etc. in Westchester County including Yonkers,
Mount Vernon, New Rochelle, Port Chester,
Rye, Mamaroneck, Kingsbridge, arrison,
Mount Kisko, Pelham, Pelham Manor and other
adjoining villages and towns. Population served
90
Due
Registerable
, directly about 175,000, owns six gas.plants and
seven holders, together with three electric
stations. Company through its control of the
Northern Westchster Lighting Co. and the
Peekskill Lighting & R. R. Co. serves also Ossining,
Briarcliff Manor, Phillipse Manor, Croton,
Cortland, Peekskill, ete. ; . ont
Prior Liens—$322,000 New York Suburban
Gas Co. 5s of 1949, for the retirement of which
bonds of this issue are reserved; $335,000 White
Plains Lighting Co. 5s of 1938 and. $250,000
Hudson River Gas & Electric Co. 53,of 1929.
Underlies—$10,000,000 N. Y. & Westchester
Lighting Co. General 5s due 2004 and $2,500,000
N. Y. & Westchester Deb. 5s of 1954, $580,000
Westchester Lighting 5s of 1919. .
Net Earnings, 12/31/14...... sa... $971,848
TNterest pesos cc seein s care a we peters 1,136,618
Market. :
New York—E. & C. Randolph,. Paterson &
Co., Kean, Taylor & Co,., Folsom & Adams, L. A.
Norton, Clark, Dodge & Ca., Herrick & Ben-
nett, L. M. Prince & Co., J. K. Rice, Jr., & Co.,
Leonard Snider & Co., Mabon & Co., Kirkpat-
rick & Lewis, Redmond & Co., Tobey & Kirk,
Seasongood & Haas, R. B. Hathaway & Co.,
Jones & Lanman, Hendrickson & Co.
Philadelphia—R. Glendinning & Co., J. W.
Thompson & Co.,. Reed A. Morgan & Co.,
Graham & Co., Cassatt & Co,, S. K. Phillips
Brown Bros. & Co., Henry & West, Ervin & Co.,
Montgomery, Clothier & Tyler,
New Haven—Farlee & Goodrich. _
WESTCHESTER, LIGHTING CQ. Coll. Tr.
5% Notes. Due Dec. 1, 1919.—F.
Dated Dec. 1, 1910. Interest payable June
and Dec. 1, at Columbia Trust Co.
Authorized—$580,000. +
Outstanding—$580,000.
Denomination—Coupon, $1,000.
as to principal.
Secured by deposit with the trustee of the
entire $804,000 stock of the Northern Westchester
Lighting Co. (serves Ossining, Briarcliff Manor,
Cortlandt, etc); $75,000 of the 6% cumulative
preferred stock (one-half) and the entire issue
of $500,000 common stock of the Peekskill R. R.
& Lighting Co. The cost of these securities was
about $665,000. See description of Westchester
Lighting Co. under 1st 5s above.
Original Market—Offered in Feb., 1913, at
98 and interest by the National City Bank,
New York. ©
WESTERLY LIGHT & POWER CO. Ist S. F.
5s. Due June 1, 1937.—N.
Tax exempt in Rhode Island.
Dated June 1, 1907. Interest payable June
and December 1, at Trustee's office.
Authorized—$500,000.
Outstanding—$414,500.
Held in Sinking Fund—$10,000.
Denomination—Coupon, $500.
as to principal.
Trustee—Union Trust Co., Providence, R. I.
Redeemable at 105 and interest on any
interest date upon three weeks’ notice. .
Sinking Fund—$5,000 annually, since July
1, 1912, and each January 1st thereafter, to
be applied to the purchase or redemption of
these bonds at not over 105 and interest. Bonds.
so acquired to be kept alive and interest added
to. the sinking fund. . | ary 2
_Organization—Incorporated . May, 1907, in.
Bees Island, succeeding the Westerly Gas &
lec. Co.
Secured by a first mortgage on plants supply-
ing gas and electricity to Westerly, R. I. and
Paweatuck, Conn., and in addition electricity
to Watch Hill, Ashaway and Avondale, R. I.;
Stonington, Mystic, West Mystic and Noank,
Conn. Electric plant is located at Westerly,
R. I. Franchises perpetual.
Registerable
Registerable
Net Earnings, 12/31/14 $65,046
Interest........00000. 22,174
Legal for Rhode Island, z
Original Market—O: i
& Co., Providence, oy nae enon
Market.
Providence—Bodell & Co., Hornblower &
Weeks.
WESTERN CANADA FLOUR MILLS co., LTD.
ist 6s. Due March 1, 1928.
Dated March 1, 1908. _ Interest payable March
and Sept. 1, at Canadian Bank of Commerce,
Toronto, New York and London.
Authorized—$1,095,000. ‘
Outstanding—$947,050. a
Held in Sinking Fund—$147,950.
Denomination—Coupon, $486.66 or £100.
Registerable as to principal. :
Trustee—Moritreal Trust: &> Deposit Co.,
Montreal.
Redeemable at 105 and interest. :
Sinking Fund—Annually, beginning March 1
1909, an amount ‘sufficient to redeem about 70%
of these bonds before maturity. Bonds may be
bought in the open market. up to 105 and interest
or called at that price. :
Organization—Incorporated 1905 in Ontario.
Secured by a first mortgage on all of ' the
property as of March 1, 1908. The company
owns a large mill at Winnipeg, Man., also mills
at Brandon, Man., and Goodrich, Ont., with
a daily capacity of 6,850 barrels. There are also
owned 86 elevators, with a storage capacity of
4,000,000 bushels of wheat.
Underlies—$706,544 Ist & Ref. 63 of 1981,
sufficient of which are reserved to retire this
issue at maturity.
Net Earnings, 8/31/14........... $315,246
Interest............. . 100,470
Dividends 157,482
Listed on Toronto and London Stock Exchanges.
Original Market—First offered in May, 1908.
at par and interest by the Royal Securities Corp.,
and the Dominion Securities Corp., Montreal, etc.
Market.
Toronto—Murray, Mather & Co., A. E.
Ames & Co., Dominion Securities Corp., Gold-
man & Co.
Montreal—Royal Securities Corp., Ltd., N. B
Stark & Co., J. M. Robinson & Sons, Eastern
Sec. Corp., Ltd.
WESTERN CANADA FLOUR MILLS CO.,
LTD., ist & Ref. S. F. 6s. Due Sept. 1,
1931.—N.
Dated Sept. 1, 1911. Interest payable March
and Sept. 1, at Canadian Bank of Commerce,
Toronto, Montreal and London.
Authorized—$2,500,000.
utstanding—$706,544.
Retired by Sinking Fund—$43,456.
Denomination—Coupon, $100, $500,
$1,000 and £ Sterling.
Redeemable as a whole at 105 and interest on
and after Sept. 1, 1916 on six weeks’ notice or for
sinking fund.
Sinking Fund—Annually, since Sept. 1,
1912, an amount sufficient to redeem the entire
outstanding issue by maturity.
Secured by a first mortgage on properties
acquired since the execution of the first mortgage.
Also secured on the properties covered by that
mortgage subject thereto. See 1st 6s above for
description of the property.
Prior Liens—$1,027,354 1st 6s of 1928.
Original Market—$750,000 offered in Nov.,
1911, at par and interest by the Dominion
Securities Corp., Montreal. .
: Market.
Toronto—Murray, Mather & Co., Dominion
Securities Corporation, A. E. Ames & Co., Gold-
man & Co., Baillie, Wood & Craft, G. A. Stinson
& Co., Aemilius Jarvis & Co.
and
Montreal—Dominion Bond Co., N. B. Stark
. Boe Eastern Sec. Corp., Ltd., F. B. MeCurdy
0.
WESTERN CANADA POWER CO., LTD.,
1st S. F. 5s. Due July 1, 1949.
Dated July 1, 1909. Interest payable Jan.
and July 1, at Bank of Montreal, Montreal, or
at London, at $4.86 2/3 to the £.
Authorized—$10,000,000.
Oustanding—$4,999,613.
Denomination—Coupon, $500 and £100.
Trustee—Royal Trust Co., Montreal.
Redeemable at 105 and interest upon three
months’ notice, or for the sinking fund only at
100 and interest, commencing July 1, 1920.
Sinking Fund—Beginning 1920, an amount
annually sufficient to retire this issue at maturity.
Bonds may be purchased in the open market
or redeemed: at not exceeding 100 and interest.
Organization—Inecorporated May, 1909, in
Canada, acquired the Stave Lake Power Co.
Secured by a first mortgage on two water
power sites on the Stave River, dam and modern
hydro-electric plant of 15,000 k, w. capacity
and on transmission lines to Vancouver, New
Westminster, and other towns in British Colum-
bia, with a population of 160,000. Franchises in
Vancouver and New Westminster are for fifty
years, elsewhere mostly for forty years. Com-
pany has contracts for supplying 65,000 horse
power.
i Sar Oo Ane E UU 5% Refunding Mtge.
onds.
Original Market—Offered in 1911, by the
Royal Securities Corporation, Ltd., Canada, and
London, at 90 and interest.
Market.
Montreal—Nesbitt, Thomson & Co., Royal
Securities Corp., Ltd., N. B. Stark & Co., Do-
minion Bond Co., McCuaig Bros. & Co., Canada
Securities Corporation, Ltd., Investment Trust
Co., C. Meredith & Co., Ltd., F. B. McCurdy
& Co., Eastern Sec. Corp., Ltd.
Toronto—Murray, Mather & Co., Goldman &
Co., Royal Securities Corporation.
New York—Slattery & Co.
WESTERN ELECTRIC CO. 1st 5s.
31, 1922.—F.
Dated December 30, 1909. Interest payable ©
Jan. and July 1, at Merchants’ Loan & Trust Co.,
Chicago, and at Bankers’ Trust Co., New York.
Authorized and Outstanding—$15,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—Merchants’ Loan & Trust Co.,
Chicago, and Leon L. Loehr.
Redeemable at 105 and interest any interest
date on 60 days’ notice.
Organization and Control—Incorporated 1881
in Illinois, succeeding the Western Electric
Manufacturing Co. Controlled by the Ameri-
ean Telephone & Telegraph Co., through owner-
ship of over 80% of the $15,000,000 stock.
Secured by a first mortgage on all the property -
plants, licenses, patents, real estate, etc., of the
Western Electric Co., now owned or hereafter —
acquired. The Mortgage provides that the
company’s net cash and other current assets
must at all times be at least twice the par
value of all outstanding bonds and that after the
regular dividends of 8% shall have been paid on
its capital stock, no additional dividends shall
be paid which would reduce the profit and loss
surplus below $30,000,000.
The Western Electric Co. is the largest manu-
facturer of telephone apparatus and supplies in
the world. It owns extensive factories located
at New York and Chicago. The Chicago plant
covers 150 acres, and the plants generally cover
4,600,000 square feet of floor space.
Due Dec.
903
Net Earnings, 12/31/14........ $3,533,467*
Interest Charges.............. é
*Compares with $6,563,861 in 1913 and an
annual average for six years of $4,559,000.
Listed on the New York. and Chicago Stock
Exchanges.
Original Market—Offered in 1910 by Lee,
Higginson & Co., New York, Boston and Chicago,
at 99 and interest.
Market.
Chicago—Lee, Higginson & Co., Merchants’
Loan & Trust Co., Babcock, Rushton & Co.,
Central Trust Co., First National Bank, F. M.
Zeiler & Co., Hulburd, Warren & Chandler,
Iinois Trust & Savings Bank, Curtis & Sanger, .
John Burnham & Co., ‘Stanwood, Taylor &
Philadelphia—Graham & Co., Henry & West.
Providence—Bodell.& Co.
Omaha—Burns, Brinker & Co.
Boston—Lee, Higginson & Co., F. S. pyoseley
& Co., Old Colony Trust Co., J. L. Wilson &
Son, Parkinson & Burr.
New York—Lee, Higginson & Co., Curtis &
Sanger, erates & Hiscoe, Estabrook & Co.,
J. S. Bache & Co., Babcock, Rushton & Co.,
Coggeshall & Hicks, Pendergast, Hale & Co.,
J. A. Clark & Co., Low, Dixon & Co., John D.
Curtis & Co., H. Duncan Bulkley. é
St. Louis—Bowman, Cost & Co.
WESTERN MARYLAND RAILROAD CO. Ist
4s. Due Oct. 1, 1952.—F.
See Map 87. :
Dated October 1, 1902.' Interest payable April
and Oct. 1, at Bankers’ Trust Co., New York.
Authorized—$50,000,000.
Outstanding—$46,633,000.
Denomination—Coupon, $1,000.
as to principal or fully registerable.
$1,000 and multiples.
Trustee—Bankers’. Trust Co., New York.
Organization—Sold at foreclosure sale Nov.
19, 1909, and succeeded by the present Western
Maryland Ry. Co. On Jan. 1, 1915, the com-
pany defaulted in payment of interest on $10,-
000,000 notes, but a receivership has not been
applied for, and it is understood that strong
financial interests have arranged to finance the
company’s requirements for a period of three
years.
Secured by direct mortgage or Sollacersl an
on 521 miles of road at the rate of $89,
per mile, being a direct first mortgage on (5) "$28
miles of road from Hillen Station to Madison
Street, Baltimore, Md., Fulton Jct. to Big Pool,
Md., Ch erry Run to Knobmount, W. Va., Cun:
berland, Md., to Belington, W. Va., Elkins Jet. to
Huttonsville, W. Va., and branches and spurs. A
direct second mortgage on (6) 61 miles of road and
a second lien on (7) 17 miles of road, by deposit of
securities, including from Elkins to Durbin, W.
Va.; Potomac Valley Jct., Md., to Cherry Run,
W. Va., and Porter’s Jct. to York, Pa., subject
to prior liens at the rate of $30, 000 per mile.
Further secured upon the leasehold interests and
lien on (8) 115 miles of road, through deposit with
the Trustee of the securities covering said mileage
and through deposit of stocks of subsidiary com-
panies by a first lien on about 107,000 acres of
coal lands producing about 2,000,000 tons of coal
and coke yearly.
Prior Liens—$1, 000,000 Coal & Iron Ry. 1st 538
of 1920, and $1,300, 000 Potomac Valley ist 5s of
1941; $48,500 Baltimore & Cumberland Valley
Ry. 1st 6s of 1929, $72,800 Baltimore & Cumber-
ee Valley R. R. Ist 63 of 1929, $230,000 Balti-
e & Cumberland Valley R. R. Extn. 1st 6s of
Tos, oo 000 Baltimore & Ha.risburg 1st 5s of
1936, and $240,000 Baltimore & Harrisburg Ry.
Western Extn. 1st 5s of 1988. Under the terms
of this mortgage none of the prior liens can be
extended at maturity.
Registerable
Registered,
904
Report—Years ended June 30:
1913-14 1912-13
Gross Earnings..... $8,267,736 $7,632,679
Net Income....... 26,634 2,145, '843
Interest........... 2,742,299 2' 560,826
Deficit... ....... $2,715,665 $514,973
Average annual surplus after payment of in-
terest for seven years from 1906-07 to 1912-13,
$256,000.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., Newborg & Co., A.
Mestre & Co., Harvey Fisk & en J..S. Bache
& Co., Wood, Struthers & Co., L. M. Prince &
wos Effingham Lawrence & Co., Curtis & Sanger,
E. & C. Randolph, McGeorge & Vanderhoef, Ladd
& pone: Foster & Adams, Harris, Forbes
& Co., H. P. Taylor & Co., Coggeshall & Hicks,
Gude, Winmill & Co.
Badmore -rotner. Brogden & Co., Howard
R. Taylor & Co., Hambleton & Co., Jenkins,
Whedbee & Poe, Pawneend Scott & Son.
Philadelphia—C. D. Barney & Co., Henry &
West, Cassatt & Co.
Pittsburgh—Mellon National Bank, Gordon &
Co., H. P. Taylor & Co.
Chicago—Edwin L. Lobdell & Co., Kissel,
Kinnicutt & Co., Harris Trust & Savings Bank.
Boston—Curtis & Sanger, N. W. Harris & Co.
Buffalo—H. P. Taylor & Co.
(THE) WESTERN MARYLAND. RAILWAY
CO. 5% Notes. Due July 1 1915.—F.
Dated January 1, 1912. Interest payable
January and July 1, at Company’s office, New
York. Jan. 1, 1915, interest in default.
Authorized and Outstanding—$10, 000,000.
Denomination—Coupon, $10,000. Register-
able as to principal, or fully registerable. C. & R.
interchangeable.
Trustee—The Equitable Trust Co., New York.
Redeemable at 102 and interest upon 90 days’
notice. .
Protective Committee—Frederick T. Gates,
Ivy L. Lee, Alvin W. Krech, Edgar L. Marston
and Edward D. Adams. Secretary, Hunter 8.
Marston, 24 Broad St., New York.
The company, in a circular to the bondhold-
ers, expressed the hope that it would be able to
complete a readjustment so that these notes,
together with $6,000,000 other notes due on the
same date, might be paid, together with accrued
interest, promptly at maturity.
Secured by deposit with the Trustee of 69,992
out of 70,000 shares ($50 par value) capital stock
of the Georges Creek & Cumberland R. R.
and 59,973 out of 60,000 shares ($50 par aluay
on stock of the Connellsville & State Line
Ry. Co. These companies have no outstanding
indebtedness and own about 87 miles of road
known as the Connellsville Extension, extending
from Cumberland, Md., on the main line of the
Western Maryland to a connection with the
Pittsburgh & Lake Erie at Connellsville, Pa.
Under the terms of the Indenture no mortgage
or lien can be placed during the life of these notes
upon this property or upon the following free
assets of the company’s 22,549 acres of coal lands
in Monongolia Co., W. Va., andreal estate in
Baltimore and Hagerstown, Md.
Further secured by deposit of $400,000 Four
State Coal & Coke Co. First Mortgage Bonds
and $97,600 shares stock of the Baltimore Fi-
delity Warehouse Co.
Original Market—Offered in August, 1912, by
the. Equitable Trust Co. and Blair & Co., New
York, at 99 and interest.
Market
New York—Bull & Eldredge, McGeorge &
Vanderhoef, Curtis & Sanger, Bigelow & Co.
Baltimore—J. S. Wilson, Jr., & Co.
WESTERN MARYLAND RAILROAD CO. 5%
Equip. Tr. Certificates Series ‘‘A.” Due
$27,000 each January and July 1st to Jan. 1,
1919, inclusive.—
Dated January 1, 1909. Interest payable Jan.
and July 1, at Trustee's office, New York.
Authorized—$536,000.
Redeemed—$320,000.
Outstanding —$216,000.
Denomination—Coupon, $1,000.
Trustee—Bankers’ Trust Co., New York.
Redeemable at 10214 and interest on any
interest date on 30 days’ notice.
Secured by an ecuivmont trust agreement on
18 locomotives,‘*500 hopper cars, 2 mail and
express cars, 2 baggage ears and 12 caboose cars,
costing $635,845, of whichthe company paid
$99,845 in cash.
Original Market—Offered in 1908 by J. S.
Wilson, Jr., & Co., Baltimore.
WESTERN NEW YORK & PENNSYLVANIA
. RAILWAY CO. Ist 5s. Due Jan. 1, 1937.
See Map 97.
Tax exempt in Pennsylvania.
Dated Dec. 1, 1887. Interest payable Jan. and
July 1, at New York Trust Co., New York.
Authorized—$10,000,000.
Outstanding—$9,990,000.
Cancelled—$10,000
Bee oo eos $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Organization and Control—Incorporated in
New York and Penn. in 1895 as a reorganization
of the West N. Penn. R. R. Co. and is
leased until 1923, at a rental equal to net earn-
ings to the Pennsylvania R. R. which owns
practically the entire stock.
Secured by first mortgage at the rate of $21,-
500 per mile on (13) 464 miles of road from
. Buffalo, N. Y., to Emporium Jet., Pa., Buffalo,
N. Y., to Oil City, Pa., Oil City to irvineton, Pa.,
Warren, Pa., to Olean, N. Y., Tyronville to Lake-
ville, Pa., Titusville to Pioneer, Pa., Stoneboro to
New Castle, Pa., Larabee to Clermont, Pa., Kin-
zua to Gates, Pa., and Morrison to West Line, Pa.
Further secured by second lien on the $1,000,000
First Mortgage bonds and $300,000 stock of the
Union Terminal R. R. of Buffalo, owning 2.32
miles ‘of main track from Louisiana St. to Bailey
Ave., which securities are pledged under the
company’s General Mtge. due 1934; and a first
lien on leasehold interests of the company in the
Olean, Bradford & Warren R. R. companies of
N. Y. and Pa., the Genessee Valley oo R.,
prneres Valley Terminal R. R. and N.
Penn. R. R. Co., which own an aggregate ‘of rads
109 miles of road. This road affords the Penn-
svivania R. R. Se. its only entrance into Buffalo
and Rochester, N. Y.
Underlies—$10, 000, 000 Gen. 4s of 1948 and
$10,000,000 Income 5s of 1943.
Deficit after Rentals, 1/31/14... $238,020
Bond Interest. fee uae
Other Interest.............05005
Listed on the New York and Philadelphia
Stock Exchanges.
Market
New York—E. & C. Randolph, Clark, Dodge
& Co., Korn, eee & Co artshorne & Pi-
eabia, Coffin’ & Co., J. S. Bache & Co., Pening-
ton, Colket & Co., Newborg & Co., "Fred H.
Hatch & Co., Ambrose E R. Clark, Foster & Adams,
J. H. Becker & Co., H. P. Taylor & Co., Bois-
sevain & Co., Seasongood & Haas, Whittemore,
Pell & Co., Samuel Goldschmidt, McGeorge &
Vanderhoef.
a acelphie W. Clark & Co., E. B. Smith
Co., Robt. Glendinning & Co., Chas. Fearon
& Co., Reed A. Morgan & Co., ene Morris &
Co., Mellor & Petry, Henry & West, C. C. Har-
Registerable
905
rison, Jr., & Co., Reed & Huntoon, ‘Graham
Co., C. D. Barney & Co., Reilly, Brock & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
WESTERN NEW YORK & PENNSYLVANIA
RAILWAY CO. Gen. 4s. Due April 1, 1943.
See Map 97.
Tax exempt in Pennsylvania.
Dated April 1, 1895. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1,000. : Registerable
as to principal.
Trustee—Union Gade Co., New York.
Control—See ist 5s.
Secured by a first lien through pledge of the
$1,000,000 First Mtge. Bonds and $300,000
stock of the Union Terminal R. R. of Buffalo, on
2% miles of main track from Louisiana St. to
Bailey Ave., and by second mortgage on (13) 464
miles of road (for details see 1st 5s above) and
subject to a prior lien at the rate of $21,500 per
mile, and a second lien on leasehold interest in
(14) 109 miles of road. These bonds are out-
standing at the rate of $21,500 per mile.
Prior ae 990,000 Western N.Y. & Pa.
Ist 5s of 193
‘yaddoriies $10, 000,000 Western N. Y. & Pa.
Income 5s of 19438, $9, 165, 327 of which are owned
by the Pennsylvania R. RB. Co.
Listed on the New York and Philadelphia
Stock Exchanges.
Market.
New York—J. S. Bache & Co., Chandler Bros.
& Co., Bartshome & Battelle, Penington, Colket
& Co., L. M. Prince & Co., Pendergast, Hale &
Co., Bigelow & Co., Didrichsen & Co., Coffin &
Co., . Hatch’ Co., Foster & Adams,
McGeorge & Vanderhoef, Montgomery, Clothier
& Tyler, Boissevain & Co., Seasongood & Haas,
Jos. Walker & Sons.
Philadelphia—Chas. Fearon & Co., E. B.
Smith & Co., Chas. C. Harrison, Jr., & Co.,
E. W. Clark & Co., Chandler & Co., Penington,
Colket & Co., Henry & West, Samuel K. Phillips,
Mellor & Petry, Barclay, Moore & Co., Robt.
Glendinning & Co., Reed A. Morgan & Co.
WESTERN NEW YORK & PENNSYLVANIA
RAILWAY CO. Income 5s. Due April 1,
1943.—F. °
See Map 97.
Dated April 1, 1895. Interest payable Nov. 1,
when earned and non-cumulative, at Trustee’s
office. No interest has been paid on these.
Authorized—$10,000,000.
Outstanding in Hands of Public—g439, 673.
$9 168 a7. by the Pennsylvania R. R. Co.—
Held in “Treasury of Company—$395,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Control—See 1st 5s.
’ Secured by a third lien on all of the stocks and
bonds of the Union Terminal Ry. of Buffalo,
owning 2% miles of terminal road in Buffalo,
N. Y., a third mortgage in (13) 464 miles of road
subject to prior liens at the rate of $43,000 per
mile, and a third lien on leasehold interest in
(14) 109 miles of road. These bonds are out-
standing at the rate of $21,400 per mile.
Prior Liens—$9,990,000 1st 5s of 1937 and
$10,000,000 Gen. 4s of 1943.
Listed on the New York and Philadelphia
Stock Exchapges.
Market.
New York—Ladd & Woods Didrichsen & Co.,
L. M. Prince & Co., J. H. Becker & Co.
Philadelphia—Elkins, Morris & Co., C. C.
Harrison, Jr., & Co., E. W. Clark & Co., Mellor
& Petry,” Reed A. Morgan & Co.
WESTERN NEW YORK & PENNSYLVANIA
TRACTION CO. Ist & Ref. 5s. Due Jan.
1, 1957.—F.
Tax exempt in New York and Pennsylvania.
Dated December 1, 1906. Interest payable
Jan. and July 1, at New York.
Authorized—$5,000,000.
Outstanding—$2,206,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Equitable Trust Co., New York.
Redeemable at 110 and interest on Jan. 1,
1912, or on any interest date thereafter.
Organization—Incorporated in New York
and Penn. in 1906 as a consolidation of the Olean
Street R. R. Co. and the Bradford Street R. R.
Co. and subsequently purchased the property of
the Olean, Rock City & Bradford R. R. Co.,
and the entire capital stock of the Shinglehouse
Street Ry. Co., the property of which company
it also leases.
Secured by first mortgage on 68 miles of
track and by second mortgage on 30 miles of
track, located in Cattaraugus and. Allegany
Counties, N, Y. and McKean and Potter Counties
Pa., serving the towns of Olean, Portsville, Ceres,
Bolivar, Allegany, Salamanca and Little Valley,
N. Y., Bradford, Lewis Run and Shinglehouse,
Pa. Franchises are all perpetual, except that in
the City of Bradford, on 534 miles of road, which
runs until 1944.
Prior Liens—$164,000 Olean St. Ry. 1st 5s of
1929, and $106,000 Olean St. Ry. 1lst~Extn. 5s of
1931, for the retirement of which bonds of this
issue have been reserved.
Net Earnings, 12/31/13......... $229,497
Interest and taxes.............. 144,729
Listed: on the Philadelphia Stock Exchange.
Original Market—$2,000,000 offered in Oct.,
1910, by J. S. & W. S. Kuhn, Inc., Pittsburgh,
Chicago, etc., at 95 and interest, and in 1911 by
the same corporation and Robert Glendinning &
Co., Philadelphia, at 94 and interest.
Market.
Baltimore—Nelson, Cook & Co.,
Brogden & Co.
Pittsburgh—H. P. Taylor & Co. .
New York—E. H. Rollins & Sons, H. P. Tay-
lor & Co., Montgomery, Clothier & Tyler, L. M.
Prince & Co., Wood, Struthers & Co., Whitte-
more, Pell & Co.
Philadelphia—Robt. Glendinning & Co., M. M.
Freeman & Co., Frazier & Co.
Boston—Baker, Ayling & Co. .
Buffalo—H. P. Taylor & Co.
WESTERN OHIO RAILWAY CO. 1st 5s.
Noy. 1, 1921.—F.
Dated Nov. 1, 1901. Interest payable May 1
and Nov. 1, at Trustee’s office, or the First Na-
tional Bank, New York.
Authorized—$3,000,000.
Outstanding—$2,500,000.
Cancelled—$470,000.
Pledged—$30,000.
Denomination—Coupon, $1,000.
as.to principal.
Trustee—Citizens’
Cleveland.
Organization. and Control—Incorporated in
Ohio in 1900, and owns the entire capital stock of
the Lima, Findlay & Toledo Ry. Co., owning 32
miles. Practically the entire stock is owned by
the. Western Ohio R. R. Co., which leases the
property, agreeing to pay principal and interest
of outstanding bonds, dividends on Ist and 2nd
Pid. Stock and annual rental of $15,000.
Guaranteed as to interest under above-men-
tioned lease.
Secured by a first mortgage on 80 miles of high
speed interurban railway from Lima to Piqua,
hio, with branches to Minster and Celina, Ohio,
and a second mortgage on 33 miles of road from
Lima to Findlay, O. This road forms an essen-
Registerable
Strother,
Due
Registerable
Savings & Trust Co.,
906
tial link in shortest route from Cleveland and
Sandusky to Dayton, Cincinnati and Indianapolis
and from Detroit and Toledo to Dayton, Cin-
cinnati and Indianapolis. Outside of munici-
palities road is constructed on private right-of-
way. In municipalities franchises extend beyond
maturity of these bonds.
Net Earnings, West Ohio R. R.,
GC/BO/ 14 os siccise's. suntdoinapere do ene serece
AMGOPES tiniest wiecieves sie sapien ¢ Sivenys 162,360
Listed on the Cleveland Stock Exchange.
Original Market—$1,500,000 offered in May,
1912, by Wm. Salomon & Cé., New York and
Mackubin, Goodrich & Co., Baltimore, at 9414
and interest. |
Market.
New York—W. E. Hutton & Co., Miller & Co.,
Wm. Salomon & Co., Coffin & Co., Rauscher &
Childress, John D. Curtis & Co.
Baltimore—Mackubin, Goodrich & Co., W. W.
Lanahan & Co.
Philadelphia—R, M. Stinson & Co.
Chicago—McCoy & Co. 4
Cleveland—Borton & Borton, Roland F.
Meacham, Hayden, Miller & Co.
WESTERN PACIFIC RAILWAY CO. Ist S. F.
5s. Due Sept. 1, 1933.—F.
See Map 48. : x
Dated Seotember 1, 1903. Interest payable
March and Sept. 1,at Company’s office, New
York, or San Francisco. March 1, 1915, interest
in default.
Authorized—$50,000,000.
Outstanding—$49,925,000..
Denomination—Coupon, $1,000 and $100.
Registerable as to principal only, or fully regis-
terable. Registered, $1,000 and multiples,
uo for coupon bonds in amounts of
000. cE gett
Trustee—The Equitable Trust Co., New York.
Redeemable as a whole only at 105 and interest
on any interest date upon 60 days’ notice.
Sinking Fund—Commencing Sept. 1, 1910,
$50,000 annually, to be applied to the purchase of
bonds at the lowest price obtainable upon adver-
tising for bids for four weeks; bonds so redeemed
to be cancelled. . fs
Guaranteed as to interest and sinking fund by
the Denver & Rio Grande R. R. Co. by endorse-
ment.
Organization and Control—Incorporated in
Cal. in 1903 and is controlled by the Denver &
Rio Grande R. R. Co. through ownership of
$50,000,000 of the $75,000,000 capital stock.
Placed in the hands of receivers on March 1, 1915.
Secured by first mortgage at the rate of $53,-
800 per mile on (3) 928 miles of road extending
from Salt Lake City, Utah to Oakland, Cal.,
together with terminals: at Oakland and San
. Francisco, and by pledge of, contract with the
Missouri Pacific and Denver & Rio, Grande,
providing for the operation of the main lines of
these three companies as a joint through line
from St. Louis to San Francisco.
Underlies—$25,000,000 Western Pacifie 2d S.
F. 5s of 1952, ail of which are deposited with the
Trustee of the Denver & Rio Grande R. R. lst
& Ref. 5s of 1955.
Net Earnings, 6/30/13......... $355,859
Tnterest maine gc yasaly. we seguir 66 4,568,066
Miscellaneous................- 208,590
Legal for Cal.
Original Market—Offered in 1905 by Wm. A.
Read & Co., Blair & Co., and William Salomon
& Co., New York.
Market.
New York—E. & C. Randolph, Gude, Winmill
Co., E. Bunge & Co., Paterson & Co., L. M.
Prince & Co., A. E. Fitkin & Co., Curtis &
Sanger, Wm. Salomon & Co., F. J. Lisman &
Co., Wolff & Stanley, Sutro Bros. & Co., J..K.
Rice, Jr., & Co., Foster & Adams, Byrne &
McDonnell, Beyer & Co., E. F. Hutton & Co.,
Davies, Thompson & Co., Rauscher & Childress,
Didrichsen & Co., Leonard Snider & Co., Ernest
Smith, H. P. Taylor & Co., Bigelow & Co., Wm.
S. Dugan & Co., Samuel Goldschmidt, Gilbert
Eliott & Co.
Philadelphia—Cassatt & Co., Chandler & Co.,
Elkins, Morris & Co., H. F. Bachman & Co.
'* St. Louis—Bowman, Cost & Co.
Boston—E. H. Rollins & Sons.
Baltimore—Howard R. Taylor, Middendorf,
Williams & Co.
Pittsburgh—H. P. Taylor & Co.
Minneapolis—W. E. Neiler & Co.
Buffalo—H. P. Taylor & Co.
WESTERN PENNSYLVANIA RAILROAD CO.
Cons. (now Ist) 4s. Due June 1, 1928.—F.
See Map 98.
Dated June 1, 1888. Interest payable June
and Dec. 1, at Broad Street Station, Philadelphia.
Authorized—$5,000,000.
Outstanding—$4,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Provident Life & Trust Co., Phila-
delphia. :
Assumed by the Pennsylvania R. R. Co.
Organization and Control—Incorporated in
Penn. in 1864 and in 1903 was absorbed by the
Pennsylvania R. R. Co. °
Secured by a first mortgage at the rate of
$29,300 per mile on (14) 136.59 miles of road
from Allegheny to Butler, Pa.; and branch to
Bolivar, Pa. ‘
Underlies—$188,000,000 Pennsylvania R. R.
Cons. 5s, 4s and 314s due 1919, 1943, 1945 and
1948 and Debentures.
Legal for Balt., Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. I. and
is.
Listed on the Philadelphia Stock Exchange.
'_ Market. as i
Philadelphia—E. W. Clark & Co., Reed A.
Morgan & Co., Chas. Fearon & Co., Mont-
gomery, Clothier & Tyler, C. C. Harrison, Jr., &
Co., W. H. Newbold’s Son & Co., Henry & West.
New York—E. H. 2ollins & Sons, Penington,
Colket & Co.
WESTERN POCAHONTAS CORPORATION
Lands Purchase Money Ist 44s. Due
Aug. 1, 1945.—F.
Dated August 1, 1905. Interest payable Feb.
and Aug. 1, at J. P. Morgan & Co, New York.
Authorized—$750,000.
Outstanding—-$750,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Redeemable at 105 and interest on any interest
date after four weeks’ notice. ay
Sinking Fund—$9,000 annually, beginning
Aug. 1, 1911, to purchase this issue at not exceed-
ing 105 and interest, or to be invested in other
securities.
Guaranteed principal and interest by the
Chesapeake & Ohio Ry. Co. by endorsement.
Control—The entire $250,000 ' capital stock
of the West. Pocahontas Corp. is owned by the
Chesapeake & Ohio Ry. Co.
Secured by a first mortgage on 27,500 acres of
coal lands in West Virginia, and coal in about
672 acres additional.
|. Market.
New York—Bigelow & Co., Knauth, Nachod
& Kuhne, McGeorge & Vanderhoef, Wolff &
Stanley. :
Registerable
Registerable
WESTERN POWER CO. Coll. Tr. 6% Notes.
Due March 1, 1917.—N.
Dated March 1, 1915. Interest payable Jan.
and July 18, at Trustee’s office, New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon,$100, $500 and $1,000.
907
Trustee—Bankers Trust Co., New York.
Redeemable at 10014 and interest. 7
Organization—Incorporated August, 1906, in
New Jersey. :
Secured by deposit with the Trustee of the
following securities:
$849,000 oat Veber Power Co. 1st 5s due
250,000 City Electric Co. 1st 5s due 1957.
600,000 Cal. Elec. Generating Co. 6% pfd.
stock guaranteed as to dividends
by Gt. W. Power Co.
$1,699,000 Total par value of collateral.
These companies have a developed hydro-
electric capacity of 52,000 h. p. and in addition
26,000 h. p., and a large storage system under
construction; also steam generating plants of
43,000 h. p. capacity, a total of 121,000 h. p.; 483
miles of transmission line and 307 miles of city
distribution lines, including lines in San Francisco.
The company operates in counties having an
area of nearly 8,600 square miles and a popu-
lation of 927,000, in 1910, an increase of 40%
within a decade.
Net Income (12 mos.), 2/28/15.$2,186,145
Interest and Guar. Divs........ 460,
Original Market—$1,000,000 offered in March,
1915, at 99 and interest by Wm. P. Bonbright
& Co., New York.
Market.
New York—E. H. Rollins & Sons, Wm. P.
Bonbright & Co., Lamarche & Coady, Gude,
Winmill & Co.
WESTERN RAILWAY OF ALABAMA Cons. Ist
. 4i%s. Due Oct. 1, 1918.—N.
See Map 66.
Dated October 1,1888. Interest payable April
and Oct. 1, at Guaranty Trust Co., New York.
Authorized—$1,543,000.
Outstanding—$1,543,000.
Denomination—Coupon, $1,000.
as to principal. :
= TEaeaserae ne Metropolitan Trust Co., New
ork.
Organization—Incorporated in Alabama in
1883 and acquired main line of Western R. R.
of Alabama. The company’s stock is owned one-
half each by the Central Trust Co., Trustee for
mortgage of Central of Ga. Ry. Co. and Louis-
ville & Nashville R. R. Co. as Trustee for itself
and the Atlantic Coast Line R. R. - :
Guaranteed principal and interest by en-
dorsement by the Georgia R. R. & Banking Co.
and the Central of Georgia Ry. Co. Property
of former purchased under foreclosure by Central
of Georgia Ry. Co.
Secured by first mortgage at the rate of $11,900
per mile on (9) 130 miles from West Point, Ga.,
to Selma, Ala. This line forms part of the
shortest through route between Atlanta, Ga.,
and Barats north thereof and Montgomery, Ala.,
Registerable
and New Orleans, La.
Net Earnings, 6/30/14........... $371,499
Interestic.. 2 3c eee Re as SS 69,435
WESTERN STATES GAS & ELECTRIC CO.
(OF CALIFORNIA) list & Ref. 5s. Due
June 1, 1941.—F.
Tax exempt in Pennsylvania.
Dated June 1, 1911. Interest payable June
and Dee. 1, at Girard Trust Co., Philadelphia.
Authorized—$10,000,000.
Outstanding—$4,401,000.
Redeemed by Sinking Fund—$146,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. 7 7
Trustee—Girard Trust Co., Philadelphia.
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
Sinking Fund—From Dec. 1, 1912, to June
1, 1914, semi-annually, one-half of 1% of bonds
previously issued, from Dec. 1, 1914, to June
1, 1919, 1% semi-annually; and semi-annually
thereafter, 134%, to be applied to the purchase
or redemption of these bonds at not over 105
and interest. Bonds so acquired to be cancelled.
, Organization and Control—Incorporated, 1910,
in California as a consolidation of the Humboldt
Gas & Electric Co., the Arcata Lighting Co., the
American River Electric Co., the Stockton Gas
& Electric Corporation, the Richmond Lighting
corporation and the Eureka Lighting Co., con-
trolled through entire stock ownership by the
Western States Gas & Electric Co. of Delaware, a
majority of the stock of which is owned by-the
Riaudars ‘Gas & Electric Co. Serves 25 commun-
ities.
Secured by a first mortgage on all the prop-
erty formerly belonging to the Richmond Light &
Power Co. of Cal., which operates steam and
hydro-electric plants serving Richmond, Stock-
ton, Placerville, Eureka and a number of smaller
towns; and on the property of the Stockton Gas
& Electric Corporation owning natural gas wells,
an artificial gas plant and an electric transmission
plant, serving Stockton and a second mortgage
on hydro-electric plant on the American River
near Placerville, Cal., with transmission line
to Stockton, Cal. and other towns. Population
served 81,500. Franchises not required.
Prior Liens—$392,000 American River Elec-
tric Co. 1st 5s of 1933, which will be retired by
bonds of this issue. .
Underlies—$588,500 6 % notes, 1917.
Net Earnings, 12/31/14.......... $523,828
Interest charges................. 275,600
Original Market—$2,035,000 offered in May,
1911, by A. G. Edwards & Sons, New York and
St. Louis, Mo., Montgomery, Clothier & Tyler,
Philadelphia, and White, Weld & Co., New York,
at 95 and interest.
: Market.
Chicago—Stanwood, Taylor & Co., Yard, Otis
& Taylor, Allerton, Greene & King, Hulburd,
Warren & Chandler, E. T. Konsberg & Co.,
Devitt, Tremble & Co., H. M. Byllesby & Co.
Milwaukee—John E. De Wolf -& Co., First
Savings & Trust Bank.
New York—Low, Dixon & Co., Wm. P. Bon-
Daebe & Co., White, Weld. & Co., H. N. Whitney
& Sons, Slattery & Co.,-E. H. Rollins & Sons,
Rauscher & Childress, Byrne & McDonnell, Did-
tichsen & Co., Ernest Smith, Montgomery,
Clothier & Tyler, H. M. Byllesby & Co., Kirk-
* patrick & Lewis, Gude, Winmill & Co., S. L.
~ Snowden. _ ,
Boston—F. W. Mason & Co., L. Sherman
Adams. es :
St. Paul—C. O. Kalman & Co.:
Providence—Miller & George.
Philadelphia—Montgomery, Clothier. & Tyler,
S. K. Phillips, Cassatt.& Co., Oscar R> Dare. |
WESTERN TELEPHONE & TELEGRAPH
CO. Coll.:Tr..5s. Due Jan.;1, 1932—N..
Dated Jan. 25, 1902. Interest payable Jan.
and July. 1, at Boston. g ©
Authorized and Outstanding—$10,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ae ‘
Trustee—Old Colony Trust Co., Boston.
Control—Absorbed_ by the American Tele-
phone & Telegraph Co.
Assumed by the American Telephone & Tele-
graph Co.
Secured by a first lien on securities of the
Cleveland Telephone Co., Detroit Telephone Co.,
Erie qelegrene & Telephone Co., Northwestern
Telephone Exchange Co. and Southwestern
Telephone Exchange Co., which operate in
Ohio, Michigan, innesota, North and South
Dakota, Arkansas and Texas.
Market.
New York—Curtis & Sanger, Gilman & Clucas,
Pendergast, Hale & Co., Herrick & Bennett,
Burgess, Lang & Co.
Boston—Lee, Higginson & Co., Hornblower &
Weeks, Paine, Webber & Co., Estabrook & Co.,
Adams & Co., Old Colony Trust Co., Blake
Bros. & Co.°
WEST TRANSIT CO. 1st 34s. Due Feb.
1, 1923.—N. t
Dated Feb. 1, 1883. Interest payable Feb.
and Aug. 1, at Grand Central Station, New York.
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000.
Guaranteed principal and interest by New York
Central & Hudson River. R. R. ;
Organization and Control—Incorporated in
New York in 1883 and owns and operates a fleet
of 10 freight steamers plying on the Great
Lakes between Buffalo, Milwaukee and Chicago
and between Buffalo and Duluth.
Security—A ‘direct obligation of the company,
but not secured by mortgage. ©
Net Earnings 12/31/12......... . $225,543
Interest......... hs ducdava Mieeters Sear sie 52,500
Market. : a8
New York—Effingham Lawrence & Co.
WESTERN UNION TELEGRAPH C0. Coll. Tr.
50-Year 5s. Due Jan. 1, 1938.—-N.
Dated Jan. 1, 1889. Interest payable Jan.
and July 1, at office, 195 Broadway, New York.
Outstanding—$8,745,000. oe Re tee ys
The authorized amount of this issue is limited
only to such an amount as will -be necessary to
acquire the securities of leased companies.
Denomination—Coupon, $1,000. Registerable
as to principal. wh aos 2 Tyas
Trustee—Bankers Trust Co. ’., S :
Organization and Control—Incorporated April
1856 in New York as successor to the New York
& Mississippi Valley Printing Telephone Co.,
which controlled the Morse and other patents,
The company has acquired or leased a number
of telegraph and cable companies. In 1909 the
American Telephone & Telegraph Co. acquired
a large minority interest in this company, but
disposed of this stock in 1914. Bog
Secured by deposit with the Trustee of
stocks and bonds of the following companies all
of the stocks bearing a guarantee of the Western
Union Telegraph Co. of 6%.-
| The N. Y. Mutual Tel Co.....Stock $2,387,700
Gold & Stock Tel. Co... oo . 1,111,800
me St 1,961,500
Internat. Ocean Tel. C:
Maine Telegraph Co.. a .- 111,000
Wash. & New Orl. Tel. Co.... “ . 30,000
Mutual Union Telegraph Co.
Extended 5% Bonds..... 8,143,000
$8,745,000
Net Earnings, 12/31/14........ $6,708,637
Interest). :cc5c5 2 6 ow teaslioiis Sz yeatetlseabece 1,337,243
Listed on the New York Stock Exchange. ,
3 ’ Market.
--__ New York—Tobey & Kirk, Gilman & Clucas,
' Bigelow & Co., E. & C. Randolph, Didrichsen &
Co., Korn, Lehman & Co., L. M. Prince & Co.
WESTERN UNION TELEGRAPH CO. Funding
& Real Estate 44s. Due May. 1, 1950.—N.
Dated May 1, 1900. Interest payable May
and Nov. 1, at office, 195 Broadway, New York.
Authorized and Outstanding—$20,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered
$1,000. C. & R. interchangeable.
i Loan & Trust Co., New
ork. .
Secured by a first mortgage on all the com-
pany’s real estate in New York City and Chicago,
together with all buildings, fixtures, and tele-
graphic instruments thereon. The company
covenants that if any mortgage is placed on any
real estate or telegraph lines or plant of the com-
pany, these bonds are to be secured by prior lien
on any property so mortgaged.
908
Earnings—See Collateral Trust 5s above.
Legal for N. H. ‘ ‘
Listed on the New York Stock Exchange.
Original Market—$10,000,000 offered in April,
1900, by Kuhn, Loeb & Co., New York.
Market.
Boston—Geo. A. Fernald & Co. ;
New York—Wood, Struthers & Co., L. M.
Prince & Co., Tobey & Kirk, Newborg & Co.,
Paterson & Co., J. S. Bache & Co., Gilman &
Clucas, Bigelow & Co., Coffin & Co., Seasongood
é Haas, Didrichsen & Co., R. B. Hathaway &
0.
Portland, Me.—Chas. H. Gilman.
St. Louis—Bowman, Cost & Co.
Omaha—City Trust Co. 2 _ he
WESTERN UNITED, GAS. & ELECTRIC CO.
Gen. 6s._ Due Serially $75,000 Aug. 1, 1915;
$80,000. Feb. 1 and Aug. 1, 1916; $85,000
Feb. 1 and Aug. 1, 1917; $90,000. Feb. 1 and.
Aug. 1, 1918; $95,000 Feb. 1 and Aug. 1,
1919; $100,000 Feb. 1, 1920.—F.
Dated August 1, 1910. Interest payable Feb.
and Aug. 1, at Trustee’s office. ;
Authorized —$20,000,000.
Outstanding—$875,000.
Retired—$125,000. =
Denomination—Coupon $100, $500; '$1,000.
Trustee—First Trust and Savings Bank,
Chieago, Ill. ’ ”
Redeemable on any interest date at 10244
and interest. ; :
Secured by practically a second mortgage on
property described under 1st & Refg. 5s above.
Original Market—$1,000,000 offered in Sep-
tember, 1913, at par and interest by Howard,
Simmons & Co. * oe ot
- Market.
Chicago—Howard, Simmons & Co., E. T.
Konsberg & Co., Emery, Peck & Rockwood.
WESTERN UNITED GAS & ELECTRIC. CO.
1st & Ref. 5s. Due $25,000 each Feb. 1,
to 1924, $30,000 annually to 1949 and bal-
ance Feb. 1, 1950.—F. - 2
Dated February 1, 1905.
Feb. and Aug. 1, at Trustee’s office. ~ 2
Authorized—$5,000,000. ae
Outstanding—$4,704,900.
Denomination—Coupon,
$100. Registerable as to principal.
Trustee—Continental
Savings Bank, Chicago. ,
Redeemable at 103 and interest on any interest
date after Feb. 1, 1915. © i ne:
Sinking Fund—$25,000 of these bonds are due
and payable annually from Feb. 1, 1915 to 1924,
and $30,000 annually Feb. 1, 1925 to 1949: bs
Organization—Incorporated 1905 in Illinois.
as a consolidation of the Fox River Light, Heat
& Power Co: of Aurora, IIl.; Joliet Gas Light Co,.
La Grange Gas Co., and Elgin American Gas Co.
Secured by practically a first marbeace on
Plants. supplying: gas or electricity or. both to
Aurora, Elgin, Joliet, also to La Grange, St.
Charles, West Chicago, North Aurora, Lamont,
pny Carpentersville, East Dundee,
Lombard, Geneva, Grossdale, Fullersburg, Crys-
tal Lake, Woodstock, Glen Ellyn, Winfield, Elm- |
hurst, West Grossdale, Downers Grove, Batavia,
Oswego, Hollywood, Lockhart, East Grove,
Huntley, Harvard, Plainfield,. North Aurora, -
Napersville, West Chicago, Wheaton and other
towns (total cities and towns, 43). Serves a
Population of 200,000. Franchises for: 20 to, 50
years. Towns are located within a radius of
45 miles of Chicago. 747 miles of gas mains in
operation. Gas largely purchased from the Coal
Products Manufacturing. Co. of Joliet, Ill, al-
though the United Co. has gas: manufacturing.
plants at Joliet, Elgin, Aurora and La Grange.
Prior Liens—$63,000 Elgin American Gas -C
Ist 63 of 1917. .. ae
“Interest. payable ,
$1,000, $500 and
& Commercial Trust &
‘¢ house.Electric &
Underlies—$875,000 General Mortgage 6s, due
1914 to 1920.
Net Income, 1/31/14.... $556,468
UNCON GSE i n(s04.¥ cds Italy, Austria and Russia. |
Net Earnings, 3/31/14 $5,998,078
Interest....... dna 1,633,541
Miscellaneous..........¢.000008, 305,818
909: :
Listed on the New York and Pittsburgh Stock
Exchanges.
Original Market—$15,000,000 offered Feb.,
1906, by Kuhn, Loeb & Co., New York.
-Market.
New York—Pendergast, Hale & Co., Ladd &
Wood, Spencer Trask & Co., Curtis & Sanger,
H. P. Taylor & Co., C. H. Hensel; H. Duncan
Bulkley.
Boston—Parkinson & Burr, Geo. A. Fernald
O.
Pittsburgh—H. P. Taylor & Co., Ballard &
McConnell, Colonial Trust Co.
Buffalo—H. P. Taylor & Co.
WESTINGHOUSE ELECTRIC & MANUFAC-
TURING CO. 6% Notgs. Due Aug. 1,1915,
—F.
Dated Aug. 1, 1913.
and Aug. 1.
Authorized —$3,250,000
Outstanding—$3, 250, 000.
Denomination—Coupon, $1,000.
Redeemable on any interest date at par and
interest, plus 2% interest for the unexpired
portion of the term of Notes.
Trustee—Bankers’ Trust Co., New Y
Secured by a first lien on $2, 059, 000 5 % Bonds
$1,218,600 preferred and $2,925, 500 common
stock (Scranton & Wilkes-Barre Traction Corpo-
ration); $165,500 Canadian Westinghouse, Ltd.,
and 675, 000 British Westinghouse Electric &
Manufacturing 4% deb. stock. The collateral
securing these Notes must always be 5% more
in value than the par value of the outstanding
notes and the income derived from the collateral
must. exceed the interest paid-on the Notes.
Company has the right to withdraw securities
other than the Scranton & Wilkes-Barre Trac. Co.
bonds and stocks, providing securities of equal
value are substituted.
Interest payable Feb.
Net Income, 3/31/14........... $5,998,078
Interest on funded debt.. g 1,633,541
Miscellaneous................5 305,818
Original Market—$3,250,000 offered in July
1913 at 99 and interest by Kuhn, Loeb & Co.
Market. .
New York—Kuhn, Loeb & Co., Curtis &
Sanger, H. P. Taylor & Co.
Pittsburgh—H. P. Taylor & Co., Ballard &
McConnell.
Buffalo—H. P. Taylor & Co.
WESTINGHOUSE MACHINE CoO. 1st & Ref.
6s. Due Nov. 1, 1940.—F.
Dated Nov. 1, 1908. Interest payable Feb.
May, Aug. and Nov. 1, at Colonial Trust Co.,
Pittsburgh, Pa.
Authorized—$10, 000, aa
Outstanding—$6,; 246,0
Retired by Sinking Vund—$185, 000.
Denomination—Coupon, $1,
Sinking Fund—Minimum of $150, 000 annu-
ally plus interest on bonds retired, and until
$1,000,000 of the bonds are retired, an additional
sum equal to 25% of earnings after fixed charges.
Organization—Incorporated in Pennsylvania
1881. Finances readjusted, December, 1907.
In March 1911 absorbed the Westinghouse
Foundry Co. The company manufactures steam
turbines, gas engines, automobile engines and
other power generating appliances.
Secured by a first mortgage on extensive
plant at East Pittsburgh.
Underlies—$460,000 5% Debentures.
Net Earnings, 3/31/13 pane ah Seale ayas $500,030
Interest, ete... .cccecee sects nee 461,067
Listed on the Pivsaburge s Stook Exchange.
ar!
New York—F. H. Hatch & Co., Hotchkin &
Co., Didrichsen & Co., Lindley & Co., McGeorge
& Vanderhoef, H. P. Taylor & Co., C. H. Hensel.
Pittsburgh—H. P. Taylor & Co., B Ballard &
Connell, Moore, Leonard & Lewis, A. E. Masten
& Co., Colonial Trust Co.
Buffalo—H.., P. Taylor & Co.
WESTMORELAND COUNTY RAILWAY CO'
' Ist 5s. Due March 1, 1935.—F.
Dated, 1905. Interest payable March and
Sept. 1, at Trustee’s office.
Authorized—$250,000.
Outstanding—$207,900.
Held in Treasury—$42,000.
Denomination—Coupon, $100.
as to principal.
Trustee—East End Savings & Trust Co.,
Pittsburgh, Pa.
Organization—Incorporated in Penn. in 1904
as a consolidation of the Bradenville & Derry
St. Ry. and Blairsville & Derry St. Ry. com-
panies.
Secured by a first mortgage on seven miles of
track from Latrobe to Derry, Pa.
Net Earnings, 6/30/14............ $14,978
Interest and taxes............ 2... 18,868
Registerable
WHATCOM COUNTY (WASH.) RAILWAY &
LIGHT CO, Ist S. F. 5s. Due Nov. 1, 1935.
—F.
Dated Nov. 1, 1905. Interest payable May 1
and Nov. 1, at Trustee’s office.
Authorized—$2, 500,000.
Outstanding—$1,455,000. (Closed mortgage.)
Held in Sinking Fund—$63,000.
Cancelled—$246,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Old Colony Trust Co., Boston.
Redeemable at 105 and interest.
Assumed by the Puget Sound Trac., Lt. & Pr.
_ Registerable
Co. :
Sinking Fund—Annually 1% of outstanding
bonds payable Nov. 1 for the purchase of these
bonds at not exceeding 105 and interest, or for
the purchase of first mortgage public utility
bonds.
Organization and Control—Incorporated 1902
in New Jersey as a pporeantention of the Belling-
ham Bay Elec. St. Ry. and the Northern Ry.
& Improvement Co. Owns entire stock of the
Bellingham & Skagit Ry. Co., Absorbed by the
Puget Sound Traction, Light & Power Co., which
company is controlled and managed by Stone &
Webster.
Secured by a first mortgage on 24 miles of
street railway in and about Bellingham, Wash.,
together with gas and electric plants supplying
the same city. An extensive hydro-electric
plant is owned near Mt. Baker, about 50 miles
from Bellingham. Population served, over
25,000. Franchises, 1934, (one minor franchise
only), 1940 and 1941.
Underlies—$7,500,000 P. S. T., L. & P.. 5s.
Net Earnings, 12/31/14........ $3,443,966
Interest and Sinking Fund...... 2,118,856 _
Original Market—First offered by Lee, Higgin-
son & Co., Boston.
Market.
_peston—Lee, Higginson & Co., Stone & Web-
ster.
New York—Lee, Higginson & Co., Rauscher &
Childress, Geo. W. Walker & Co.
WHEELING & LAKE ERIE RAILWAY CO.
Lake Erie Div. 1st 5s. Due Oct. 1, 1926.—N.
See Map 126.
Dated July 1, 1886. Interest payable April
and October 1, at Trustee's office.
Authorized—$3,000,000.
Outstanding—$2, 000, 000.
Exchanged for the Ww. & L. E. 1st Cons. 4s and
Cancelled—$1,000,000
Denomination—Coupon, $1,000.
as to principal.
Trustee—Bankers’ Trust Co., New York.
Registerable
910
Assumed by the Wheeling & Lake Erie R. R.
0.
Organization, Earnings, ete.—See 1st Cons. 48
below.
Secured by a first mortgage on (11) 186 miles of
road from Sherrodsville to Toledo, Ohio, and from
Haron, to Norwalk, Ohio, at the rate of $10,500
per mile.
Underlies—$894,000 Wheeling & Lake Erie,
Wheeling Div. 5s of 1928; $409,000 Wheeling &
Lake Erie Ext. & Impt. 5s of 1930; $11,967,000
Wheeling & Lake Erie 1st Cons. 4s of 1949; and
the Wheeling & Lake Erie Gen. 4s of 1955, which
provide for the retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—Wnm. A. C. Ewen, J. S. Bache &
Co., W. C. Langley & Co., Newborg & Co.,
Denny, Pomroy & Co.
Philadelphia—Chas. Fearon & Co.
Baltimore—Jenkins, Whedbee & Poe.
WHEELING & LAKE ERIE RAILWAY CO.
aor Div. 1st 5s, Due July 1, 1928.
See Map 126.
Dated April 21, 1888. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$1,500,000.
Outstanding —$894,000.
Exchanged for W. & L. E. ist Cons. 4s and
Cancelled—-$606,000.
Denomination—Coupon, $1,000.
as to principal. :
Trustee—Central Trust Co., New York.
e Assumed by the Wheeling & Lake Erie R. R.
0.
Organization, Earnings, ete.—See 1st Cons. 4s
elow.
Secured by a first mortgage on (10) 44 miles
of road from. Sherrodsville to Martin’s Ferry,
Ohio; and a second mortgage on (11) 186 miles
of road from Sherrodsville to Toledo, Ohio, and
branches, subject to a prior lien at the rate of
$10,500 per mile. - .
These bonds are outstanding at the rate of
$3,800 per mile.
Prior Liens—$2,000,000 Wheeling & Lake Erie,
Lake Erie Div. 1st 5s of 1926.
Underlies—$409,000 W. & L. E. Ext. & Imp.
5s of 1930; $11,967,000 W. & L. E. 1st Cons.
4s of 1949; and the W. & L. E. Gen. 4s of 1955,
which provide for the retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—Wnm. A. C. Ewen, Coffin & Co.,
Hartshorne & Battelle, Tobey & Kirk, Denny
Pomroy & Co. :
Philadelphia—Chas. Fearon & Co., Wistar &
Stokes.
WHEELING & LAKE ERIE RAILWAY CO.
Ext. & Imp. 5s. Due Feb. 1, 1930.—N.
See Map 126.
Dated December 20, 1889. Interest payable
February and August 1, at Trustee’s office.
Authorized—$1,900,000.
Outstanding—$409,000.
Exchanged for W. & L. E. Ist Cons. 48 and
cancelled—$1,281,000.
Cancelled—$210,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Central Trust Co., New York.
Assumed by the Wheeling & Lake Erie R. R.
Registerable
Registerable
0.
Organization—Incorporated in 1886 and re-
organized under foreclosure in 1899 as the
Wheeling & Lake Erie R. R. Co., which was
placed in the hands of Receivers in 1908. For
further details see 1st Cons. 4s below.
Secured by mortgage upon 239 miles of road,
being a first lien on (12) 16 miles from Warren-
ton to Steubenville and Martin’s Ferry to Aetna-
911
ville, Ohio, a second mortgage on (10) 36 miles
from Sherrodsville to Martin’s Ferry, Ohio, sub-
ject to prior liens at the rate of $10,500 per mile,
and a third mortgage on (11) 186 miles from
Toledo, to Sherrodsville, Ohio, and from Huron
to Norwalk, Ohio, subject to prior liens at the
rate of $14,300 per mile. These bonds are out-
standing at the rate of $1,700 per mile. Further
secured by pledge with the trustee of all the
$300,000 stock (no outstanding bonds) of the
Toledo Belt Ry., owning 4.55 miles of railway
in Toledo, $670,000 stock of the Wheeling, Lake
Erie & Pittsburgh Coal Co. and $50,000 stock of
the Toledo Dock & Coal Co.
Prior Liens—$2,000,000 Wheeling &. Lake
Erie, Lake Erie Div. 1st 5s of 1926; $894,000
Webesling & Lake Erie, Wheeling Div. 1st 5s of
Underlies—$11,679,000 Wheeling & Lake Erie
ist Cons. 4s of 1949; and the Wheeling & Lake
Erie Gen. 4s of 1955, which provide for the
retirement of this issue.
Listed on the New York Stock Exchange.
Market.
New York—Coffin & Co., Newborg & Co.
WHEELING & LAKE ERIE RAILROAD CO.
1st Cons. 4s. Due Sept. 1, 1949.—F.
See Map 126.
Dated September 1, 1899. Interest payable
March and September 1, at Trustee’s office.
Authorized—$15,000,000.
Outstanding—$11,697,000 (Closed mortgage). -
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable
Trustee—Bankers’ Trust Co., New York.
Organization and Control—Incorporated in
Ohio in 1899 as a reorganization of the Wheeling
& Lake Erie Ry. Controlled through ownership
of a majority of the 2nd pfd. and com. stocks
by the Wabash-Pittsburgh Terminal R. R. Co.
which company is controlled through stock own-
ership by the Wabash R. R. Co. also in hands of
receivers.
Receivership—On June 8, 1908, B. A. Worth-
ington was appointed Receiver for the property
of the company and in June 1912 was succeeded
by Wm. M. Duncan. In April, 1915, the road
was offered for public sale for the second time.
No bid was received in either instance.
‘Secured by a mortgage upon 450 miles of
road at the rate of $26,000 per mile, being a
first lien on (3) 211 miles from Cleveland to
Zanesville, O., Canton to Sherrodsville, O., Can-
ton to Indian Run Mines, O., Fuller Mine Branch,
Sherrodsville, O., Cleveland Belt Ry., a second
mortgage on 16 miles of road from Warrenton
to Steubenville and Martin’s Ferry to Aetna-
ville, Ohio, subject to a prior lien at the rate of
$1,700 per mile, a third mortgage on 36 miles of
road from Sherrodsville to Martin’s Ferry, Ohio,
subject to prior liens at the rate of $12,200 per
mile, and a fourth mortgage on 186 miles of road
from Toledo to Sherrodsville and Norwalk to
Huron, Ohio, subject to prior liens at the rate of
$16,000 per mile. 7
Prior Liens—$2,000,000 Wheeling & Lake Erie
Ry., Lake Erie Div. 1st 5s of 1926; $894,000
W. & L. E. Wheeling Div. 1st 5s of 1928, and
$409,000 W. & L. E. Extn. & Impt. 5s of 1930.
Underlies—The Wheeling & Lake Erie Gen,
4s of 1955, which provide for the retirement of
this issue.
Report Years Ended Jane 30:
913-14 1912-13
Gross Earnings.... $7,637,846 $7,831,948
Net Income. . .. 1,666,583 1,204,911
Interest, etc 1,621,602 1,315,905
Balance... .surp. $44,981def. $110,994
- Listed on the New York, Pittsburgh and Lon-
don Stock Exchariges.
Market.
New York—F. J. Lisman & Co., L. M. Prince
0.
WHEELING & LAKE ERIE RAILROAD CO.
Equip. 5s. Due Jan. 1, 1922.—F.
Dated Jan. 1, 1902. Interest payable Jan.
and July 1, at Trustee’s office.
Authorized—$2,500,000.
Redeemed—$1,077,000.
Outstanding—$1,423,000.
Denomination—Coupon, $1,000.
as to principal. ;
Trustee—Bankers’ Trust Co., New York. .
Redeemable for sinking fund at 108 and in-
terest. ae: 5
Sinking Fund—Began Jan. 1, 1908, $75,000
annually for the first four years, and $100,000,
$125,000, $150,000 and $175,000 for each sub-
sequent. period of four. years to maturity except
that 1922 is $173,000. Under terms of the trust
indenture, bonds are to. be purchased, if ob-
tainable, at not to exceed.105 and interest;
otherwise to. be, drawn by lot at not to exceed
103 and interest, or the Trustee may apply
the sinking. fund to the purchase of additional
os aa All bonds acquired are to be can-
celled. a
Secured by first lien on 2,600 Coal cars, 500
Box cars, 10.Cabooses, 15 Passenger cars, 4 Com-
bination cars, 3 Baggage cars, 2 Dining cars, 1
Parlor Car, 9 Switching locomotives, 19 Con-
solidation locomotives and 6 Passenger loco-
motives. Total cost of this, equipment was $2,-
750,000 of which $250,000 was paid in cash by
the company. ‘ ce oa
Listed on the New. York Stock Exchange.
Registerable
Original Market—$1,000,000 offered in 1902.
by F. J. Lisman & Co., New York, at 10414 and
interest.
Market. :
New York—J. K. Rice, Jr., & Co., Harts-
horne & Picabia, Wolff & Stanley, Pouch & Co.,.
F. J. Lisman & Co. -
Philadelphia—Chas. Fearon & Co., Graham &
Oe oe onde
Cincinnati—Breed, Elliott & Harrison.
Cleveland—Otis & Co.
WHEELING & LAKE ERIE RAILROAD CO.
'* 59% Receivers’ Equipment Certificates. Due
$101,000 each March 1 and Sept. 1, to Sept.
1, a inclusive, and $100,000 March 1,
1923.—F. ,
‘Dated March 1, 1913. Interest payable March '
1_and Sept. 1, at Trustee’s office.
‘Authorized—$2,019,000.
* Outstanding—$1,817,000.
, Retired—$202,000.
* Denomination—Coupon, $1,000. |
Trustee—Citizens’ Savings &
Cleveland, Ohio. :
Redeemable in inverse numerical order at 101
and interest on any interest date on 60 days’
notice. 7
Security—Authorized by U. S. Dist. Court
and secured by first lien on 1,500 Standard steel
gondola freight cars and 20 Consolidation loco-
motives, costing $2,256,727, of which $237,727
was paid in cash by the Receiver.
Original Market—$2,019,000 offered in March,
1918, by Hayden, Miller & Co. and Otis & Co. of
Cleveland and Guaranty Trust Co. of New York,
at prices ranging from 100 and interest for Sept.,
1913, maturities to 96.19 and interest for the
March 1, 1923, maturities.
Market.
Cleveland—Otis & Co.
ae” York—F. J. Lisman & Co., Coggeshall &
icks. ‘
WHEELING & LAKE ERIE RAILROAD CO.
Secured 5% Notes. Due Aug. 1, 1908. -
Dated August 1, 1905. Interest payable Feb-
Tuary and August 1.
Authorized—$8,000,000.
Outstanding—$8,000,000.
Trust Co.,
912
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Guaranteed, principal and interest by the
Wabash R. R, Co.
Secured by deposit with the Trustee of $12,-
000,000 Wheeling & Lake Erie Gen. 4s of 1955,
and further secured by a first lien upon 50 Con-
solidation locomotives, 6 Switching, 6 Atlantic
Type locomotives and 2,000 80,000-lb capacity
gondola cars purchased with the proceeds of the
sale of these notes.
Note—Principal not being paid at maturity a
syndicate of bankers agreed to extend same to
Aug., 1913, up to which time interest was paid
by the Wabash R. R. in respect to its guaranty.
The principal and interest of the loan then being
defaulted, the syndicate bid in at auction for
$9,863,500 the collateral pledged thereunder,
consisting of $3,500,000 Wabash R: R. 1st Ref.
& Ext. 4s with July, 1911 and subsequent coupons
and this issue of notes with claims for. interest
from Feb. 1, 1908. | ‘
WHEELING & LAKE ERIE RAILROAD 6%
-_ Rec. Cfts. Due April 1, 1915.—N. “
Dated April 1, 1918. Interest payable April
and Oct. 1, at Citizens Savings & Trust Co.,
Cleveland, and at its agency in New York.
Authorized—$431,000. ~
Outstanding—$431,000.
Denomination—Coupon, $1,000.
Redeemable at par and interest’ on April 1,
, ’
1914, or any interest date thereafter.
Security—These Certificates were authorized
by the U. S. Dist. Court to provide increased °
facilities at Huron, Ohio and for the renewal of
bridges.
Original Market—Hayden, Miller & Co.,
Parents: Tr. Co., offered $431,000 at par, April,
WHEELING ELECTRIC CO.
__ May 1, 1941.—F.
Dated May 1, 1911. Interest payable May
and November 1, at Trustee’s office.
Authorized— $12,000,000.
Outstanding—$1,429,000.
Denomination—Coupon, $1,000, $500. Regis- ,
terable as to principal.
_Trustee—Columbia Trust Co., New York. “
Redeemable at 105 and interest, any interest
date prior to 1937 at 104 in 1937; 103 in 1938; 102
in 1939; 101 in 1940 and 1941.
Sinking and Improvement Fund—Beginning.
1916 and annually thereafter to and including
1920, an amount equal to 1% of outstanding
bonds; 1144% annually, 1921 to 1925; 2% an-
nually, 244% annually and 3% annually, each
five years thereafter. until 1940. - These payments
are to be applied to the purchase of these bonds
at not over 105 and interest or for improvements,
extensions, etc. :
_ Organization and Control—Incorporated 1883
in West Virginia. Acquired during 1911 the
Bridgeport Electric Light Co. and the. Con-
sumers’ Electrical Co. which was merged into
this company. Controlled by the American Gas
& Electric Co., through ownership of the $1,000,-
000 common stock. The latter is owned by
General Electric interests. i
Secured by a first mortgage on plants supply-
W.Va.
Ist 5s. Due
ing electric light and power to Wheeling,
and to Bellaire and Bridgeport,'O. Population |
served 65,000. Franchises in Wheeling extend
to 1960; in Bridgeport and Bellaire they are
perpetual.
Net Earnings, 3/31/14.......... $152,974 ©
Interast socioe aeteancas Cosmin "88,884,
Original Market—$500,000 offered in May,
1911, by Wm. A. Read & Co., New York, Warner,
Tucker & Co., and Tucker, Anthony & Co.,,
Boston, at 94 and interest. Offered in May,
1915, by William A. Read & Co., at 95 and
interest.
Market.
New York—Wm. A. Read & Co.
Chicago—E. T. Konsberg & Co.
Boston——Warner, Tucker & Co.,
Anthony & Co., Wm. A. Read & Co.
WHEELING TERMINAL RAILWAY CO. Ist
‘4s. Due Aug. 1,:1940.—F.
Dated Aug. 1, 1900. Interest payable Feb.
and Aug. 1, at Company's office, Pittsburgh,
Pa., and at Winslow,
Authorized—$2,000,000.
Outstanding—$1,566,000.
Retired by Sinking Fund—$34,000.
Denomination—Coupon, $1,000. Registerable
as to principal... é ‘
y Trustee—Commercial Trust Co.,,Philadelphia,
a. : .
Sinking Fund—Annually, beginning Oct. 1,
1901, 1% of the bonds outstanding to be applied
to their purchase at not exceeding par. If not
purchasable at this price, the fund for that year
shall lapse into the treasury of the company.
Guaranteed as to principal and interest by the
Pennsylvania Company by endorsement. -
Organization and Control—Incorporated; in
W. Va. and Ohio in 1900 as a reorganization of
the Wheeling Bridge & Terminal Ry. Co. Entire
stock is owned by the Pennsylvania Company,
controlled by the Penrisylvania R. R. Co.
Secured by first mortgage on entire property
of oy situated in and near Wheeling, W.
Va. and Martin’s Ferry, Ohio, including 26 miles
Tucker,
of main line and sidings extending from a junction.
near Martin’s Ferry with the Pennsylvania Co.
and the Balt. & Ohio System, via.a bridge across
the Ohio River to a connection with the Balt. &
Ohio and Panhandle lines in Wheeling, W. Va.
Net Earnings, 6/30/14. $66,532*
Interest, ete....... .. 62,618
132,484 in 1918.
*Compares with, rs
Legal for'Mé. and Mo. ‘: ‘ rk
Original. Market—Offered in 1903 by Fisk &
Robinson, New York, - — :
ae Market. ta
New York—Hartshorne & Picabia, Robinson
& Co., Wood, Struthers & Co. :
Philadelphia—Sullivan Bros, & Co.
WHEELING TRACTION CO. Ist 5s. Due
Jan. 1, 1931.—F.
Dated January 1, 1901. Interest
Jan. and, July 1, at_Trustee’s office or
Bank of Commerce, N. Y. ‘
Authorized and Outstanding—$2,500,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ‘
Trustee—Cleveland Trust Co., Cleveland.
Redeemable at 105 and interest on any interset
date on 30 days’ notice. 5 7
Organization and Control—Incorporated, in
West Virginia in 1900. Reorganized January,
1901, as a consolidation of the Wheeling Ry. and
the Bellaire, Bridgeport & Martin’s Ferry Ry.,
and the Moundsville, Benwood & Wheeling Ry.
Owns entire capital stocks Citizens’ Street Ry.,
the Steubenville & Wheeling Traction Co., the
Wheeling & Western R. R. and the Bellaire South-
western Traction Co., and controls the Panhandle
Traction Co. The Citizens’ Street Ry. is leased
for 99 years. Controlled by the West Penn
Traction Co., which is owned by the West Penn
Traction & Water Power Co.
ayable
anier' & Co., New York. -
ational .
Secured by a first_mortgage on 41 miles of :
track in Wheeling, W. Va., and Moundsyville,
Martin’s Ferry, Bellaire, Bridgeport, Benwood,
Aetnaville and West Wheeling, and controls over
45 miles of additional lines in the city of and in
the territory adjacent to Wheeling. Company
owns its power plant. Population served about
125,000. The franchises are largely perpetual,
the balance largely extend to 1958.
Prior Liens—There are.no direct prior liens,
although the companies whose stocks are owned
have outstanding about $1,172,000 bonds.
Underlies—New 5% Mortgage bonds, $10,-
000,000 of. which are. authorized, including
$2,500,000, reserved to retire this issue. eee
Net Earnings, 12/31/12....”. +++, $387,660
Fixed charges..................,. 163,286 —
Original Market—$750,000 offered in Sept.
1912, at 9834 and interest by the Continental
Trust Co.,
& Co., New York. be
Market. 7
Philadelphia—S. K. Phillips, Oscar R. Dare.
Wheeling, W. Va.—Geo. W. Barron.
New York—Redmond & Co., Bigelow & Co.,
R. F. Westerfield.
Boston—Hotchkin & Co.
WHITE & BLACK RIVER VALLEY RAILROAD
CO. Ist 5s. Due July 1, 1980.—F.
See Map 36. ,
Dated June 30, 1900. Interest payable Jan.
and-July 1, at First National Bank, New York.
Authorized—$800,000. ;
Outstanding—$600,000. . ~- oe
Denomination—Coupon, $1,000. Registerable
as to principal.
yo ee Loan & Trust Co., New
ork. val ’
‘Guaranteed: as to interest by the Choctaw,
Oklahoma & Gulf R. R. Co. by endorsement.
Organization and Control—Incorporated. in
Arkansas in 1888 and: is.leased ‘until 1980 to the
Choctaw, Oklahoma-& Gulf R. R. Co., which is
in-turn leased to, and-its entire stock owned. by,
the Chicago, Rock Island & Pacific. Ry. Ca.
The C.,R. I. & P. Ry. Co. is now in hands of
receivers. =
Secured by a first mortgage on (7) 62 miles.of we
road from Brinkley to Jacksonport, Ark., and
vile to Gregory, Ark., at the rate of $9,600 per
mile. :
Market. ; ws
New York—McGeorge & Vanderhoef, Foster &
Adams,
Philadelphia—Chas. C. Harrison, Jr., & Co.,
Mellor & Petry. . é
WHITE PLAINS LIGHTING. CO. 1st 5s. Due
June 1, 1938.—N. —
Dated June'1, 1898. Interest payable June
and Dec. 1, at Guaranty Trust Co., New
York.
Outstanding—$335,000. "
Denomination—Coupon, $1,000. ~° ~- °
Guarantee—This issue is not guaranteed,
but all of the junior bonds are guaranteed as to
principal and interest by the Consolidated: Gas
Co. by endorsement. j
Control—Acquired by and: merged into the
Westchester Lighting’ ’Co., which is controlled
by Consolidated Gas,Co. of New York, through
ownership of entire capital stock. a
Secured by a first mortgage on the property
of the company. : Bat :
Underlies—$21,498,000 bonds and debentures
of the es eh Lighting Co. and New York
& Westchester Lighting Co. Mts
Net Earnings (Westchester Ltg. oy
V2 BU VG occ evs wren yarn dass + $971,848
Interest iio scien 2 eects aes ons 1,136,618
This: i88e ssc ese ese o.tpnnie Fane 173,750
ae Market. _.. ’
New York—Bigelow & Co., Paterson & Co.,
John W. Christiansen, Kirkpatrick & Lewis.
Philadelphia—Robt. Glendinning & Co.
WICHITA EALLS & NORTHWESTERN RAIL-
WAY CO. Ist Lien Coll. Tr. 5s. Due Jan. 1,
1925.—F. i
See Map 76.
Dated January 1, 1910. . Interest payable
Jan. and July 1, at First Trust & Savings Bank,
913
ashington, D.. C., and Redmond,
eres. or at the Equitable Trust Co., New
ork.
Authorized—$900,000.
Outstanding—$865,000.
Redeemed by Sinking Fund—$35,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustees—First Trust & Savings Bank,
Chicago and Emile K. Boisot.
Redeemable at 105 and interest on any interest
date upon 60 days’ notice. :
Sinking Fund— \ of 1% of bonds issued, each
Jan. 1 and July 1, payable either in cash or bonds
of this issue. Cash payments areto be applied
to the purchase or redemption of these bonds at
not exceeding 105 and interest. All bonds ac-
quired by the sinking fund shall be cancelled.
Control—See 1st 5s below. . :
Secured by first lien on (2) 57 miles of road
from ‘Altus, Okla., to Wellington, Texas, by -de-
posit of all stocks and bonds of companies own-
ing the road, a second mortgage on (4) 18 miles
of road from Devol to Elk City, Okla., and a
-second collateral lien on (5) 35 miles of road from
Devol, Okla., to: Henrietta, Texas, subject to
prior liens at the rate of $14,200 per mile. These
bangs are outstanding at the-rate of $5,800 per
mile.
Prior Liens—$2,213,000 ist 5s of 1939.
Underlies—$3,000,000 Wichita Falls & North-
western. lst & Ref. 5s of 1940, which provide for
the retirement of this issue.
Original Market—$900,000 offered in March,
1910, by Allerton, Greene & King and the Nation-
al City Bank, Chicago, and by the Marshall &
Ilsley Bank and the Wisconsin Trust Co.,
Milwaukee, at 97 and interest.
Market. _
Chicago—John Burnham -& Co.,
Greene & King, National City Bank.
Milwaukee—Marshall & Illsey Bank.
New York—F. J. Lisman & Co., Korn, Lehman
& Co., Knauth, Nachod & Kuhne.
Minneapolis— Minneapolis Trust Co.
Detroit—First and Old Detroit National Bank.
WICHITA FALLS & NORTHWESTERN RAIL-
WAY CO. Ist 5s. Due Jan. 1, 1939.—F.
See Map 76.
Dated January 1, 1909. Interest payable
Jan. and July 1, at First Trust & Savings Bank,
Sricsea or at the Equitable Trust Co., New
ork.
Authorized—$2,300,000.
Outstanding—$2,190,000.
Cancelled by Sinking Fund.—$110,000.
Denomination—Coupon, $1,000. Registerable
as to principal. ,
Trustees—First Trust & Savings Bank,
Chicago and Emil K. Boisot. :
Redeemable at 105 and interest on any interest
date on 60 days’ notice.
Sinking Fund— 14 of 1% of issued bonds on each
Jan. 1 and July 1, to be applied to the purchase
or redemption of these bonds at not exceeding
105 and interest. All bonds so acquired to be
cancelled. f
Organization and Control—Incorporated in
Cklahoma in 1906. Owns all outstanding bonds
and stock of Wichita Falls & Northwestern Rail-
way of Texas and Wichita Falls Ry. Co. Con-
trolled through ownership of entire stock by
Missouri, Kansas & Texas Ry. Co., which has
deposited same under its Consolidated Mortgage.
Secured by a first mortgage on (4) 118 miles
of road from Devol to Elk City, Okla., and a
first lien on (5) 35 miles of road from Henrietta,
Texas, to Devol, Okla., by deposit of all of the
stocks and bonds of companies owning the road.
These bonds are outstanding at the rate of
$14,200 per mile. 7
Underlies—$873,000 Wichita Falls & North-
western Ry. Panhandle ‘Div. Coll. 5s due 1925
and $3,000,000 Beaver Div. 1st & Ref. 5s due
Allerton,
914
1940, which provide for the retirement of this
issue.
Net Earnings, 6/30/14:.......... $102,509*
Interest, Cte. ccc sncewwes aces 456,336
*Compares with $507,920 in 1912.
Original Market—$1,000,000 offered in June,
1909, by Lewis Bros. & Co., Boston, at 95 and
interest.
Market.
New York—Knauth, Nachod & Kuhne, Bige-
low & Co., E. .& C. Randolph, Alfred Mestre &
Co., F. J. Lisman & Co., Coffin & Co., J. S. Bache
& Co., F. H. Hatch & Co., H. P. Taylor & Co.,
Gilman & Clucas, Middendorf, Williams & Co.,
Rauscher & Childress, Elijah Woodward & Co.
Chicago—Hulburd, Warren & Chandler,
Alfred L. Baker & Co., Yard, Otis & Taylor,
John Burnham & Co., Babcock, Rushton & Co.,
A. B. Leach & Co. : 4
Milwaukee—First Savings & Trust Co.
Philadelphia—S. K. Phillips,-F..P. Ristine &
0. :
Baltimore—Middendorf, Williams & Co., Stein
Bros., W. W. Lanahan & Co., Mackubin, Good-
Tich & Co. _- :
Boston—Lewis Bros. & Co.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
WICHITA FALLS & NORTHWESTERN RAIL-
WAY CO. 1st & Ref. 5s. Due Jan. 1, 1940.
See Map 75.
Dated July 1, 1911.
and July 1, at M., K.&
New York. :
Authorized—$10,000,000.
Outstanding—$3,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustees—United States Mortgage & Trust
Co., New York, and Calvert Brewer.
Redeemable at 105 and interest on any interest
date on 60.days’ notice. .
Secured by a first mortgage on (16) 168 miles
of road from Elk City to Forgan, Okla., a third
mortgage on (17) 118 miles of road from Devol
to Elk City, Okla., subject to prior liens at the
rate of $20,000 per mile, and a collateral lien on
(18) 92 miles of road from Henrietta, Texas, to
Devol, Okla., and from Altus, Okla., to Welling-
ton, Tex.
rate of $7,900 per mile.
Prior Liens—$2,213,000 Wichita Falls & N. W.
1st 5s of 1939; $873,000 W. F. & N. W. Coll. 5s
of 1925 for the retirement of which bonds of this
issue have been reserved.
Original Market—Offered in Sept., 1911, by
Wm. Salomon & Co. and Alfred Mestre & Co.,
New York, the National City Bank, Chicago,
Chandler Bros. & Co., Philadelphia, and Macku-
bin, Goodrich & Co., Baltimore, at 974% and
interest.
Market.
New York—William Salomon & Co., Alfred
Mestre & Co., Spencer Trask & Co., F. H. Hatch
& Co., Plympton, Gardiner & Co., J. S. Bache
& Co., Bigelow & Co., Rauscher & Childress,
Wolff & Stanley, Herrick & Bennett.
Minneapolis—Stevens, Chapman & Co., Minn-
eapolis Trust Co.
Detroit—First and Old Detroit National Bank.
Philadelphia—Chandler & Co.
Chicago—National City Bank, Yard, Otis &
Taylor, Hulburd, Warren & Chandler.
Baltimore—Stein Bros.
St. Louis—G. H. Walker & Co.
Interest payable Jan.
T. Ry. Company’s office,
WICHITA FALLS & SOUTHERN RAILWAY
O. Ist 5s. Due Jan. 1, 1938.—F.
See Map 76.
Dated January 1, 1908. Interest payable Jan.
and July 1, at First Trust & Savings Bank,
Registerable .
These bonds are outstanding at the’
Ghieiec or at the Equitable Trust Co., New
ork. :
Authorized—$780,000.
‘Outstanding—$741,000.
Retired by Sinking Fund—$39,000.
Denomination—Coupon, $1,000. Registerable
Trust & Savings
as to principal.
Trustees—First Bank,
Chicago, and Emile K. Boisot. . :
Sinking Fund— }4 of 1% of issued bonds each
Jan. 1 to July 1, payable either in cash or bonds
of thisissue. Cash payments are to be applied
to the purchase of these bonds at not exceeding
103 and interest, or invested in other securities.
Guaranteed principal and interest by the
Wichita Falls & Northwestern Ry. Co., the
Wichita Falls Ry. Co. and the Wichita Falls &
Northwestern Co. of Texas by endorsement.
Control—The Wichita Falls & Southern Ry.
Co. was incorporated in Texas in 1907 and road
was opened Jan. 1, 1909. Controlled by the M.,
K. & T. Ry. Co. through ownership of entire
$53,000 capital stock.
Secured by a first mortgage at the rate of
$14,300-per mile on (3) 52 miles of road extending
from a junction with the Wichita Valley R. R.,
near Wichita Falls to Newcastle, Tex.
Net Earnings, 6/30/13........... $46,340
Anterest is..ase 5 cic saute sine s cate gests 0% 48,457
Legal for Texas. .
Original Market—Offered by Megargel & Co.,
New York, and W. P. Dickinson & Co., Chicago,
at par and interest.
Market.
Chicago—Yard, Otis & Taylor, John Burnham
& Co., Hulburd, Warren & Chandler.
New York—Plympton, Gardiner & Co., Me-
gargel & Co.
Detroit—First and Old Detroit National Bank.
WICHITA R. R. & LIGHT CO. Ist 5s. Due
April 1, 1920.—F.
Dated April 1, 1900.. Interest payable Apr.
and Oct. 1, at Trustee’s office.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Portland Trust Co., Portland, Me.
Redeemable at 105 and interest. :
Secured by a first mortgage on 32 miles of
trolley line in and adjacent to Wichita, Kan.
See description of property Wichita R. R. & Lt.
Ref. & Cons. 5s above.
WICHITA RAILROAD & LIGHT CO. Ref. &
Cons. 5s. Due Oct. 1, 1932.—F. 7
Dated Oct. 1, 1907. Interest payable April
and Oct..1, at Portland Trust Co., Portland, Me.
Authorized—$1,500,000.
Outstanding—$1,031,000.
Denomination—Coupon, $1,000.
Trustee—Portland Trust Co., Portland, Me.
Redeemable at 105 and interest.
Organization and_Control—Incorporated 1900
as successor to the Wichita Ry., Light & Power
Co. Controlled by the Western Rys. & Light
€o., which in turn was acquired by the Illinois
Traction Co., Nov., 1913. ‘
Secured by a second mortgage on 32 miles of
traction lines in and adjacent to Wichita, Kans.,
including a double tracked bridge over the Ark-
ansas River. Purchases power from the Kansas
Gas & Electric Co. Franchises expire, street
railway, 1933; lighting, 1919. Population served,
about 60,000.
Prior Liens—$300,000 1st 5s.
: arket.
Portland—Fidelity Trust Co.
WICHITA UNION TERMINAL RAILWAY CO.
Ist 4144s. Due Nov. 1, 1941.—F. .
Dated November 1, 1911. Interest payable
May and Nov. 1, at Wm. A. Read & Co., New
York or London.
Authorized—$2,500,000.
Outstanding—$2,300,000.
Denomination—Coupon, $1,000.
as to principal.
rustee—Central Trust Co., New York.
Redeemable as a whole at 108% and interest
on any interest date after May 1, 1921.
Guaranteed jointly and severally as to principal
and interest under terms of the operating agree-
ment by the companies mentioned above.
Control—Incorporated in Kansas in 1911 for
the purpose of providing terminal facilities in
the City of Wichita, Kan., for the Atchison,
Topeka & Santa Fe Ry. Co., the Chicago, Rock
Island & Pacific Ry. Co., the St. Louis & San
Francisco R. R. Co., and the Kansas City, Mexico
& Orient Ry. Co., each of which owns one-
quarter of the capital stock. The terminal
properties are operated under a 999-year agree-
ment by which each of the proprietary com-
panies obligates itself to By one-fourth of the
bonds outstanding when due, and its proportion-
ate share of the interest charges. a case of
default by any-company the deficiency is to be
made up by the other companies.
Secured by a first mortgage on entire property
of company, including real estate, tracks, depots,
buildings, and other terminal facilities in the
City of Wichita, Kan. :
Original Market—Underwritten in 1911 by
Wm. A. Read & Co., New Yi
Tork.
WILKES-BARRE & EASTERN RAILROAD
CO. 1st 5s. Due June 1, 1942.—N.
See Map 50. . ‘
Dated June 1, 1892. Interest payable June
and Dec. 1, at Erie R. R. Co. offices, 50 Church
Street, New York. =
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Guaranteed principal and interest by the New
York, Susquehanna & Western R. R. Co. by
endorsement. atte :
Organization and Control—Incorporated in
Pennsylvania in 1892. Entire stock is owned
by the N. Y., Susq. & West, R. R., which is
controlled through ownership of a majority of
its stock by the Erie Railroad Co.
Secured by a first mortgage at the rate of
$46,000 per mile on (16) 65 miles of road from
Stroudsburg to Wilkes-Barre, Pa., and branch.
Legal for Me. d
Listed on the New York Stock Exchange.
Original Market—$3,000,000 offered in 1894
at 98 and interest by Redmond & Co., New York,
and the State Street Trust Co. and Third Na-
tional Bank, Boston.
Market.
New York—F. J. Lisman & Co., W. E. R.
Smith & Co., Redmond’& Co., Strong, Sturgis &
Co., Foster & Adams, Wm. A. C. Ewen, Didrich-
sen & Co., Miller & Co., L. F. Hepburn, Whitte-
more, Pell & Co., Wm. C. Wilson.
Philadelphia—Reed & Huntoon.
WILKES-BARRE & HAZLETON RAILROAD
ist Coll. Tr. 5s. Due May 15, 1951.—F.
Dated May 15, 1910. Interest payable May
Registerable
and Nov. 15, at Trustee’s office. May, 1914,
interest was not pad promptly.
Authorized—$2,500,000.'
Outstanding—$1,900,000. i
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Guaranty Trust Co., New York.
Sinking Fund—Beginning June 1, 1908,
$20,000 annually to be invested in collateral trust
bonds or in bonds purchasable by savings banks.
Organization—Incorporated in New Jersey in
May, 1901. Acquired the entire stock and bonds
of.the Wilkes-Barre & Hazleton Ry., a Penn-
sylvania corporation. Controls through owner-
ship of $922,000 of the $1,000,000 stock of the
915
Lehigh Traction Co., and operates under lease
the Wilkes-Barre Terminal R. R.
Owing to a prolonged strike on the lines of
the Lehigh Traction Co. the May, 1914, interest
was not paid, and the bondholders were re-
quested to fund interest due from May 15, 1914,
to Nov. 15, 1916, taking non-interest bearing
certificates in payment of interest. %
Secured by deposit of $1,500,000 1st 5s due
1951 and $1,500,000 stock (entire issue of each)
of the Wilkes-Barre & Hazleton Ry.; the $140,-
000 certificates of indebtedness and $920,000
of the $1,000,000 stock of the Lehigh Traction
Co., the latter‘ owning the’ Hazleton & North Side
Elec. Ry., the Hazleton & South Side Elec. Ry.,
and the Haz. & Suburban Elec. Ry. These
companies own 52 miles of traction lines, includ- .
ing the lines from ‘W. Hazleton to Wilkes-Barre,
and from Hazleton to McAdoo and Milnesville;
Hazleton to Latimer Mines and Freeland; the '
street railway lines of Hazleton and West Hazle-
ton, ete. Franchises 999 years and perpetual.
Prior Liens—$500,000 Lehigh Trac. Co. 1st
5s due 1923, and $60,000 Hazle Park 5s due 1925,
for which $600,000 bonds of this issue are re-
Served. i 2 ah ke a ge ae {
Underlies—$1,227,000 Col. Tr. 5s, due.1945.
Net Earnings, 12/31/13.......... $237,017.
Interest, taxes, etc 6 .. 208,948
This issue...... 598
asesen VAT,
Original Market—-$500,000 offered in 1904 by
Rudolph Kleybolte & Co., Cincinnati, at 101 and
interest. , Bev whe Rt ow
Market. '
Philadelphia—S. K. Phillips, Oscar R. Dare,
Geo. N. Fleming, O. B. Lansinger & Co., Henry
& West, Mellor & Petry, M. M. Freeman & Co.
Scranton—Brooks & Co., BE. A. Burke & Co.
New York—Bigelow. & Co., Wolff'& Stanley,
F. H. Hatch & Co., Coffin & Co., E. & C. Ran-
dolph, Chas. H. Jones & Co., Leonard Snider & Co.
Boston—L. Sherman Adams. fy Se ae
WILKES-BARRE & SCRANTON RAILWAY
O. Ist 4144s. Due May 1, 1938.
‘Tax exempt in Pennsylvania.
Dated May 1, 1888.
and Nov. 1, at Trustee’s office.
Authorized and Outstanding—$500,000. « :°.
‘Denomination—Coupon, $1,000. ° eae
Trustee—Fidelity Trust Co., Philadelphia, Pa.
Organization’ and Control—Incorporated in
Pennsylvania in 1886 and is leased during the
continuance of its charter to the Central'R. R.
of New Jersey (which assumed lease of Lehigh
Coal’ & Navigation Go.). Central'R. R. of New
Jersey is" controlled through ownership of a
majority of its stock by the Reading Company.
Guaranteed principal’ and interest by the
Lehigh Coal and Navigation Co. hi
Secured by a first mortgage on 434 miles of
road from Scranton to Minooka Junction, Pa.
Legal for Conn., Me., Mich., Minn., N. J.
and Wis.
Market.
New ,York—Coffin & Co.
Philadelphia—Chas.: Fearon & Co., E. W.
Clark & Cd., Robt. Glendinning & Co.
WILKES-BARRE & WYOMING VALLEY
TRACTION CO. Ist 5s. Due April 1,
1921.—N. \
Tax exempt in Pennsylvania. :
Dated April 1, 1891. Interest payable Apr.
and Oet. 1, at, Provident Life & Trust’Co., Phila-
delphia. . yn et
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $500 and $1,000.
Registerable as to principal. . :
a Hrmatne Lap vient Life & Trust Co., Phila-
elphia. , 6 ee age
Organization and Control—Incorporated in
February, 1899, to consolidate Street Railway
lines in Wilkes-Barre and throughout the Wyo-
Mice
Interest payable May.
ming: Valley. Controlled by.the United Power.
& Transportation Co. (a New Jersey eclpere,
tion) through ownership of all except $800. of
the $5,000,000 capital stock. Leased -by: the’
U. P. & T. Co. to the Wilkes-Barre Ry. Co. for
800. years, at a rental of $880,000 per annum for
1914 and 1915; $390,000 per annum for 1916 and
1917 and $400,000 per annum thereafter.
Secured by a mortgage subject to underlying
qonds on the property of the company. Among
the properties owned; leased or controlled are.
the Wilkes-Barre & East Side Ry., the Wilkes-
Barre & Kingston Passenger Ry., the Wilkes
Barre:& Plains Ry., the Wilkes-Barre & Subur-
ban St. Ry., the Wilkes-Barre, Dallas & Harvey’s
Lake Ry., the Wilkes-Barre West Side Ry., the
Pittston Street Car. Co., the Pittston & Avoca
St. Ry., the Pittston, Moosic & Pleasant Valley
Ry., the Plymouth Street Ry., the Nanticoke
Street Ry., Plymouth Bridge Co., ete. The.
length of line of these controlled companies is,
about 65 miles. - 2 i
Prior Liens—Approximately. $842,000- bonds
of underlying companies (not. including bonds
owned by W. B. & W. V. Ry.) indirectly underly
this issue. ‘ tis pd “ : ‘i
Underlies—$528,000. Collateral bonds.
Net Earnings, W. B. Rys,
V2/BL/13 5 ss onwrewn ea: terse 44 $1,408,305
Interest, rentals, taxes, etc. . 1,416,185,
eye arket. a
Scranton, Pa.—E. A. Burke & Co., Brooks &
0. i ee
Philadelphia—Graham & Co., S. K. Phillips,
M. M. ‘Freeman & Co., Oscar R. Dare, Robt.
Glendinning & Co. :
New York—J. H. Becker & Co.’
(THE): WILKES-BARRE: CO. ist & Ref. 5s.
Due July 1, 1960:—F.
Tax exemptin Pennsylvania. - .. « .
Dated July 1, 1910. Interest payable Jan. and
July. 1, at Trustee’s office. - .. oid
Authorized—$7,500,000. -.%.0 00 i
Outstanding—$1,687,300: - be 8
Held in Treasury—$368,700. 29 a2 +
Denomination—Coupon, $1,000, $500 and
$100. Registerable. as to principal or. fully
registerable.. %: 9. f4 0-0 7 pas
Trustee—Girard: Trust. Co., Philadelphia.
Redeemable at.105.and interest on any interest
date, on 90 days’ notice. . > ; is =. &
Organization and Control—Incorporated 1910
as’a consolidation of the merged Wilkes-Barre.”
Heat, Light & Motor _Co., Anthracite Electric
Light, Heat & Power.Co., Union Light & Power
Co., ‘the Standard Electri¢ Co. and the Wilkes-
Barre Gas & Electric Co. Controlled by. the
United Gas & Electric Co. of New Jersey through
ownership of 74.52% of its outstanding capital
stock. 'The-latter company, is controlled by. the
United Gas & Electric Corporation of Conn..
Guarantee—$1,537,300 of these bonds, are
guaranteed principal and interest by the United
Gas & Electric Corporation of Conn. bet ES
Secured by a second mortgage on plants sup-
plying gas, electricity and steam. heat in Wilkes- «
arre, and: vicinity, including. two. electric. and
one gas generating plants. Population served,
80,000. Franchises.are perpetual. . .
Prior Liens—$3,000,000. Wilkes-Barre.Gas &
Elec: Co. 1st 5s of 1955, for the retirement of
Net Earnings, 12/31/14.......... $352,538
Interest; sos ss escigigg & seemig ed 3 0s 234,365,
Original Market—Offered in 1910 by. Graham
& Co., and M. M. Freeman & Co., Philadelphia.
Market. " sm we
New York—Chas. D. Barney & Co., R. B.
Hathaway: & Co. . ‘ al ead
Philadelphia—C. D. Barney: & ‘Ca., Reed A.
Morgan & Co., J. W. Sparks & Co., Osear R.
Dare, Robt. D. Ghriskey & Ca., S. K. Phillips, ,
Graham & Co., M. M. Freeman & Co.,.C. Clothier .
Jones & Co., Henry & West, Cassatt & Co. _,
916
oanien, Pa.—E, -A. Burke & Co., Brooks &
eo, ' , ‘
WILKES-BARRE, ‘DALLAS & HARVEY'S
LAKE RAILWAY Ist 5s, Due Sept. 15,
Tax exempt in Pennsylvania.
Dated Sept. 15,.1898. Interest payable Mar.
ate 15,-at Trustee’s office, Wilkes-Barre,
ae .
Authorized and Outstanding—$150,000.
Denomination—Coupon, $500. Registerable
as to principal. ce
Trustee—Anthracite Savings Bank, Wilkes-
Barre, Pa.
Organization—Incorporated 1896 in Pennsyl-
vania. Acquired. in 1898 the property of the
Wilkes-Barre & Northern R. R. Co. Controlled
by the Wilkes-Barre & Wyoming Valley Traction
Co., which is leased to the Wilkes-Barre Rys. and
which is controlled by the United Power & Trans-
portation Co. through stock ownership.
Secured by a first mortgage on 13 miles of
interurban railway from Luzerne to Harvey’s
Lake, Pa. Company operates under perpetual
contract four miles of the line of the -W-B. & Wyo.
V. Trae. Co., affording an entrance into the
‘central part of Wilkes-Barre. ee
Earnings—See W. & W. V. 5s above.
Market. -
Scranton, Pa.—E. A. Burke & Co.
Philadelphia—M. M. Freeman & Co.
WILKES-BARRE GAS & ELECTRIC CO. Ist
Cons. 5s... Due Jan. 1, 1955.—F.
Tax exempt in Pennsylvania.
Dated January 3, 1905. Interest payable
Jan. and July 1, at Trustee’s office. ¥
Authorized and Outstanding—$3,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable.
Trustee—Fidelity Trust Co., Philadelphia.
Redeemable at 110 and interest on any interest
date on three months’ notice. : .
Organization and Control—Incorporated in
Pennsylvania 1904. Acquired the. Wilkes-Barre
Gas Go., the Wilkes-Barre Electric Light Co.,
the Consumers Gas Co. of Wilkes-Barre, the
Ashley Electric Co. and the Gas Co. of Luzerne
County. Consolidated 1910 into the Wilkes-
Barre Co., which in turn is controlled by the
United Gas & Electric Corporation of Conn.
Secured by a first mortgage on an important
part of the plants supplying gas and electricity
in Wilkes-Barre, Pa., and vicinity. Papel ean
served, 80,000. Franchises are oe -
Underlies—$1,687,300, Wilkes-Barre Co. 1st &
Ref. 58 of 1960, sufficient bonds of which are re-
served to retire this issue at or prior to maturity.
Net Earnings, 12/31/14 $352,538
Interest 234,865
150,000
Listed on the Philadelphia Stock Exchange.
Original Market—$1,000,000 offered in Feb.,
1905, by Graham & Co, and Forrest & Co.,
Philadelphia, at 101 and interest.
Market. — .
Philadelphia—S. K. Phillips, Reed A. Morgan
Co., E. B. Smith & Co., Chas. C. Harrison, Jr.,
& Co., Cassatt & Co., O. B. Lansinger & Co.,
Henry & West, Graham & Co., Oscar R. Dare,
Barclay, Moore & Co., Wurts, Dulles & Co.,
Robt. D. Ghriskey & Co., Frazier & Co., C. D.
Barney & Co. ;
Scranton, Pa.—E. A. Burke & Co., Brooks &
0.
New York—Foster & Adams.
WILKINSBURG & EAST PITTSBURGH
STREET RAILWAY lst 5s. Due Sept.
1, 1929.—F.
Tax exempt in Pennsylvania.
Dated Sept. 1, 1899. Interest payable Mars
. Solidated. Traction Co.
and Sept. 1, at Mellon National Bank, Pitts-
. burgh, Pa. :
Authorized and Outstanding—$2,000,000..
Denomination—Coupon, $1,000. Registerable
as, to principal and fully registerable.
_Yrustee—Union Trust Co., Pittsburgh, Pa.
Guaranty—The principal and interest. of these
-bonds is. guaranteed under terms of lease of
Monongahela , Street Railway Co. to the Con-
i of Pittsburgh. The
‘Philadelphia Co. guarantees the lease. :
Control—Consolidated 1904 into the Monon-
gahela Street Railway Co., which is leased to the
Consolidated Traction Co., of Pittsburgh, which
in turn is controlled by the eneedape Co.
through ownership of practically the entire
capital stock. The Philadelphia Co. is controlled
by the United Ry. Investment Co. s
Secured by a first mortgage on the line of rail-
way extending from Wilkinsburg to East Pitts-
burgh with branches in Braddock and vicinity.
_ Underlies—$1,000,000 Monongahela Street
Ry. 1st 5s due 1928.
Listed on the Pittsburgh Stock Exchange.
arket. ‘ ,
Philadelphia—S. K. Phillips, E. W. Clark &
Co., Robt. Glendinning & Co., Oscar R. Dare,
Henry & West, Ervin & Co., Reed & Huntoon.
Pittsburgh—-H. P. Taylor & Co.
New York—Bigelow & Co., H. P. Taylor & Co.
Buffalo—H. P. Taylor & Co.
WILKINSBURG & VERONA STREET RAIL-
WAY Ist 5s. Due June 1, 1931.—F.
Tax exempt in Pennsylvania.
Dated June 1, 1901. Interest payable June
‘and Dec. 1, at Mellon National Bank, Pittsburgh.
Authorized—$700,000.
Outstanding—$620,000. :
Denomination—Coupon and registered, $1,000.
‘Trustee—Union Trust Co., Pittsburgh, Pa.
Guaranteed principal and interest by Wilkins-
burg & East Pittsburgh St. Ry., Monongahela
Street Ry. Consolidated Trac. Co. of Pittsburgh
and Philadelphia Co. 7
Control—See Wilkinsburg & East Pittsburgh
5s above.
Secured by a‘first mortgage on the line extend-
ing from Wilkinsburg northward to Verona and
Oakmont, Pa. Population served, 35,000.
About 14 miles of track are operated.
Underlies—$1,000,000 onongahela Street
Ry. 5s.
“' oe __ Market.
Philadelphia—Henry & West, Geo. S. Fox &
Sons, S. K. Phillips, Robt. Glendinning & Co.,
Ervin & Co., Oscar R. Dare.
au York—J. A. Clark & Co., H. P. Taylor
Oo.
Pittsburgh—H. P. Taylor & Co.
Buffalo—H. P..Taylor & Co.
WILLAMETTE VALLEY SOUTHERN RY. CO.
1st 6s. Due February 1, 1939.—N.
Dated February 2, 1914. Interest payable
February 1 and August 1 at Trustee’s office or
in Portland, Ore., or New York. :
Authorized—$3,000,000.
Outstanding—$700,000.
Denomination—Coupon, $100, $500
$1,000. Registerable as to principal. _
Trustee—Continental & Commercial Trust
& Savings Bank, Chicago.
Redeemable on any interest date at 103 and
interest. (
Sinking Fund—A sum equal to 1% of bonds
outstanding from 1917 to 1923, 144% to 1931, and
2% annually thereafter to retire bonds. om-
pany further covenants to set aside at least
15% of annual gross earnings for maintenance
or additions. : cS
Guaranteed as to principal and interest by
the Portland Ry., Light & Power Co. 7
Organization and Control—Incorporated in
and
917
Oregon in 1911. A majority of the stock is
owned by the Portland Ry., Light & Power Co.
_ Secured by a first mortgage on 32 miles of
interurban railway under construction between
Oregon City and Mt. Angel. With the excep-
tion of four blocks in Oregon City, the road is
located entirely on private right-of-way. The
necessary franchises and practically entire
right-of-way had been acquired, 7 miles of
track laid and more than two-thirds of the
grading completed, as of March 1, 1914. The
Portland Ry., Lt.’& Pr. Co. has obligated itself
to complete the line, which will connect at
Oregon City with its own interurban road to
Portland, by January, .1915. Not more than
$750,000 bonds to be issued against this 32
miles of road.
Surplus, P. Ry., Lt. & Pr. Co.,
available for guaranty,
12/31/14, $826,610; 12/31/13 $1,416,830
Original Market—Offered in April, 1914, by
E. H. Rollins & Sons, Boston, ete., at par and
interest.
Market.
Chicago—E. H. Rollins & Sons.
Boston—Moors & Cabot.
WILLIAMS VALLEY RAILROAD Ist 5s. Due
Dec. 1, 1923.—F.
See Map 105.
Dated Dec. 1, 1904. Interest payable June
and Dec. 1, at Tower City National Bank, Tower
City, Pa. .
Authorized and Outstanding—$120,000.
Denomination—Coupon, $500.
Trustee—United Security Life Insurance &
Trust Co., Philadelphia : ‘
Organization and Control—Incorporated in
Penn. in 1891 and is controlled through owner-
ship of a majority of its stock by the Reading Co.
Secured by a first mortgage, at the rate of
$11,000 per mile, on (15) 11 miles of railroad
between Lykens and Brookside, Pa. 5
Net Earnings, 6/30/14.............
Interest, ete... 0.0... cee eee .. 6,
‘Mar!
Philadelphia—Reed &
Huntoon.
WILLIAMSPORT & NORTH BRANCH RAIL-
ROAD Ist 44s. Due July 1, 1931.—F.
See Map 46. 2 i
Tax exempt in Pennsylvania. is
Dated July 1, 1901. - Interest payable Jan.
and\July 1, at Fidelity Trust Co., Philadelphia.
Authorized—$750,000. t : i
Outstanding—$545,000.
Denomination—Coupon, $1,000. Registerable
as to principal only. ,
Trustee—Fidelity Trust Co., Philadelphia.
Organization—Incorporated in Penn. in 1882
as a reorganization of the Muncy Creek R. R. Co.
Secured by a first mortgage, at the rate of
$11,800 per mile, on (9) 47 miles of railroad from
Halls to Satterfield, Pa., connecting the Phila-
delphia & Reading Ry. with the Lehigh
Valley R. R. Company. !
Net Earnings, 6/30/14............. $9,542
Interest je svi 4 25 sees 4 FE aRa See 28,904
Market.
Boston—F. W. Mason & Co., H. C. Spiller &
Co., L. Sherman Adams.
WILLIAMSPORT (PA.) GAS CO. Ist 5s.
Feb. 1, 1939.—F.
Tax renee in Pennsylvania
Dated Feb. 1, 1899. Interest payable Feb. 1
and Aug. 1, at Trustee’s office, or at office of H.
L. Snider, Treasurer, 208 Fifth Ave., New York.
Authorized—$400,000.
Outstanding—$400,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Fidelity Trust Co., Philadelphia.
Due
Organization and Control—Incorporated 1856
in Pennsylvania. Acquired by the Williams-
port Light Co. and merged into the Northern
Central Gas Co.
vo nement—E- D. Walbridge & Co., New
ork.
Secured by a first mortgage on the gas plant
supplying Williamsport, South Williamsport,
Newberry and Vallamont, Pa., miles of mains 46,
number of meters over 5,000. Population
served, about 35,000. Franchises perpetual.
Underlies—$775,000 Northern Central Gas Co.
Ist & Ref. 5s of 1962, which provide to retire
this issue.
Net Earnings, 12/31/14........... $82,918
Market.
Philadelphia—Reed A. Morgan & Co., Geo. S.
Fox & Sons, E. R. Barnard, E. B. Smith & Co.,
Chandler & Co., Henry & West, Ervin & Coa.,
Robt. Glendinning & Co., Oscar R. Dare.
New York—Chandler Bros. & Co., Kirkpatrick
& Lewis. Z ; : '
WILLIMANTIC GAS & ELECTRIC CO. Ist 5s.
Due Jan. 1, 1923.—N.
Dated Jan. 1, 1908. Interest payable Jan.
and July 1, at Boston Safe Deposit & Trust Co.,
Boston.
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000. Registerable
as to principal. FP Le
Trustee—Boston Safe Deposit & Trust Co.,
Boston.
Redeemable at 105 and interest.
Organization and Control—Incorporated, 1901
in Connecticut. Merged into the Rockville-
Willimantic Lighting Co. of Willimantic, Conn.
which was incorporated in Connecticut, 1903.
Secured by a first mortgage on the’ plants
supplying gas and electricity to Willimantic,
Conn., and vicinity. Power is obtained from
hydro-electric plant of | Rockville-Willimantic
Lighting Co. Franchises perpetual. Population
served 15,000.
Underlies—$100,000 R.-W. Ltg. Co. 6% Debs.
Original Market—First offered by Mason,
Lewis & Co. at par and interest in May, 1903.
Market.
New York—Fuller & Co., Kirkpatrick & Lewis.
New Haven—Kimberly, Root & Co., The W.
T. Fields Co.
WILLMAR & SIOUX FALLS RAILWAY CO.
1st 5s. Due June 1, 1938.—N,
See Map 54.
Dated June 1, 1888. Interest payable June 1
and Dee. 1, at office of Great Northern Ry. Co.,
34 Nassau Street, New York.
Authorized—$2,625,000 plus $17,500 per mile.
Outstanding—$3,625,000. (Closed mortgage.)
Pledged Under G. N. Ry. Co. Ist & Ref.
Mtge.—$21,000. ;
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Trustee—Central Trust Co., New York.
Assumed by the G.N. Ry. Co. ©
Guaranteed jointly and severally as to principal
and interest by endorsement by. the St. Paul,
Minn. & Manitoba Ry. and the Great Northern
Organization and Control—Incorporated in
Minn. in 1886 and in 1907 was merged into the
Gt. Northern Ry.
Secured by a first mortgage at the rate of
$12,000 per mile on (7) 304 miles of road from
Willmar, Minn, to Sioux City, Iowa, and from
Garretson to Yankton, S. D. -
Underlies—$35,000,000 G. N. Ry. Co. 1st &
Ref. 4s of 1961 which provide to retire this issue.
Legal for Balt., Cal., Conn., Fla., Me.,° Mass.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. 1,
Vt. and Wis.
Listed on the New York Stock Exchange.
918
Market.
New York—Coffin & Co., Estabrook & Co.,
ete ie Eieeae (panon Borg & Co.,
easongood & Haas, Bever ogert & Co., Tobe:
& Kirk, J. H. Becker & Co, . .
Boston——Parkinson & Burr.
Hartford—Roy P. Crary.
WILMINGTON & CHESTER TRACTION CO.
Coll. Tr. 5s. Due April 1, 1918.—F,
Dated April 1, 1898. Interest payable April
and Oct. 1, at E. W. Clark & Co., Philadelphia,
The Equitable Guarantee & Trust Co., WI-
mington, Del., or the Delaware County Trust,
Safe Deposit & Title Insurance Co., Chester, Pa.
Authorized—$4,000,000.
Outstanding—$2,305,000.
Denomination—Coupon, $1,000 and $500.
Registerable as to principal.
Trustee—Provident Life & Trust Co., Phila-
delphia.
Redeemable at 103 and interest any time after
April 1, 1914, on 30 days’ notice, J
Organization and Control—Incorporated in
New Jersey, 1898, and owns the entire capital
stocks of the Wilmington City Ry. Co. and the
Chester Traction Co., the entire capital stock
and bonds of the Front & Union St. Ry. Co., the
Gordon Heights Ry. Co. and the Chester &
Delaware St. Ry. Co. The company is controlled
by the United Power & Transportation Co.
through ownership of its entire capital stock.
The lines of the company in Delaware are leased
to the Wilmington & Philadelphia Traction Co.,
and those in Pennsylvania to the Southern
Pennsylvania Traction Co.
Secured by a first lien on all of the securities of
subsidiary companies except $850,000 bonds of
the Wilmington City Ry. Co. and Chester
Traction Co. These bonds are thus secured by a
first lien on eight miles of street railway in Wil-
mington, Del. and two miles in Chester, Pa.,
and a second lien on 26 miles in Wilmington and
on the stocks of companies owning 30 miles of
street railway in and around Chester, Pa. The
company also operates a line between Wilmington
and Chester. Population served, 130,000.
Franchises perpetual.
Prior Liens—$600,000 Wilmington City Ry.
Ist 5s, Chester Traction Co. 5s and $575,000
pends of companies leased to the Chester Traction
‘0.
Net Earnings (W. & P. Trac. Co.), 3
WE) BUNS isis. ctiys warmtomencaneai aw $815,855
Interest, rentals etc.............. 563,743
Market.
_Philadelphia—Samuel K. Phillips, Robt. Glen-
dinning & Co., C. C. Harrison, Jr., & Co., Harper
& Turner, Geo. W. Fleming, Henry & West,
Oscar R. Dare, Merchants Union Trust Co.
WILMINGTON & NEWBERN RAILROAD CO.
_,,, 1st 4s. Due August 1, 1947.—N.
See Map 3.
Dated August 2, 1897. Interest payable Feb.
‘ and Aug. 1, at Trustee’s office.
' Authorized—$500,000.
Outstanding—$106,000.
Exchanged for Atl. Coast Line Cons. 4s and
held by Trustee of that issue—$394,000. °°
Denomination—Coupon, $1,000. Registerable
as to principal. é
Trustee—Safe Deposit & Trust Co., Baltimore.
Control—The W. & N. R. R. Co. was consoli-
dated in 1897 into the Wilmington & Weldon R. R
which was merged into the Atlantic Coast
Line R. R. Co. April 18, 1900.
Assumed by the Atlantic Coast Line R. R. Co.
Secured by a first mortgage at the rate of $5,500
per mile on (10) 90 miles of road from Wilmington
Junction to Newbern Wharf, N. C. and Wilming-
ton to Fernside, N. C.
Underlies—$72,000,000 A. C. L. Cons. 4s of
1952, the Unified 4s of 1959 and the General
Unified 414s due 1964, which provide for the
retirement of this issue and Debentures.
Legal for Balt., Cale Conn., Fla. and N. Y.
arket. ,
New York—Wood, Struthers & Co., E. & C.
Randolph.
Baltimore—Poe & Davies, Townsend Scott
& Son.
& NORTHERN RAILROAD
Due Dec. 1, 1927.—F.
WILMINGTON
CO. Ist 5s.
See Map 105.
Dated December 1, 1887.
June and Dee. 1.
Authorized—$1,000,000.
Outstanding—$354,000 (Closed mortgage).
Denomination—Registered, $500.
Trustees—E. G. Bradford, John S. Girard.
end Wm. D. Smith.
_ Redeemable at par and interest on any interest
ate.
Organization and Control—Incorporated in
Penn. and Del. in 1887 and is leased for 999 years
from 1900 to the Phila. & Reading Ry. at a
rental equal to interest on bonds and 344% on
stock practically all of which is owned by the
Reading Co.
. Guaranteed as to interest under terms of lease
by the Phila. & Reading Ry.
Secured by a first mortgage at the rate of $4,000
per mile on (16) 88 miles of road from Wilmington,
Del., to Reading, Pa., and branches.
Underlies—$462,000 Wilmington & Northern
Gen. 5s of 1982, which provide to retire this
issue.
Legal for Me.
Listed on the Philadelphia Stock Exchange.
Market.
Philadelphia—Chas. Fearon & Co., E. W.
Clark & Co., Robt. Glendinning & Co., Reed A.
Morgan & Co., Reed & Huntoon.
WILMINGTON & NORTHERN RAILROAD
CO. Gen. 5s. Due Aug. 1, 1932.—F.
See Map 105.
Dated Aug. 1, 1892.
May, August and Nov. 1.
Authorized—$1,000,000.
Outstanding—$462,000.
Denomination—Registered, $1,000.
Trustee—The Pennsylvania Co. for Insurances
on Lives and Granting Annuities, Philadelphia.
Guarantee—Under terms of the lease, by the
Philadelphia & Reading Ry.
Control —See 1st 5s.
Secured by a second mortgage, at the rate of
$5,200 per mile, on (16) 88 miles of road from
+ Wilmington, Del., to Reading, Pa., subject to a
prior lien at the rate of $4,000 per mile.
Prior Liens—$354,000 Wilmington & Northern
1st 5s of 1927 for the retirement of which bonds of
this issue are reserved.
Listed on the Philadelphia Stock Exchange.
Market.
New York—Blodget & Co.
Philadelphia—Chas. Fearon & Co., E. W.
Clark & Co., Henry & West, Reed A. Morgan
& Co., Geo. N. Fleming.
Interest payable
Interest payable Feb.,
WILMINGTON & WELDON RAILROAD CO.
Gen. Ist 4s and 5s. Due July 1, 1935.—N.
See Map 3.
Dated June 1, 1885. Interest payable Jan.
and July 1, at First National Bank, New York,
and at Baltimore, Md. 3
Authorized—$4,000,000.
Outstanding—$3,062,000, 5s; $938,000, 4s.
Denomination—Coupon, $1,000. Registerable
as to principal, or fully registerable.
Tenet Sate Deposit & Trust Co., Baltimore,
Assumed by the Atlantic Coast Line R. R. Co.
Organization and Control—Incorporated in
919
North Carolina in 1885 and in 1900 was merged
into the Atlantic Coast Line R. R. Co.
‘Secured by a first mortgage on (10) 479 miles of
road from Weldon to South Carolina State, Line,
Tarboro.to Rocky Mount, N. C., Pender to
Kinston, N. C., Parmele Junction to Washington,
‘'N. C., Rocky Mount to Spring Hope, N. C.,
Contentnea to Wilmington, N. C., Goldsboro
aeoenen to Smithfield, N. C., Warsaw to Clinton,
.N. C., and Elrod to ” Boardman, N. G._ These
bonds are outstanding at the rate af $8,300 per
mile
Underlies—$72,000,000 A. C. L. Cons. 4s of
1952, the Unified 4s of 1959 and General Unified
4s ‘due 1964, an equal amount of the latter being
reserved to -retire these bonds at maturity and
Debentures.
-Legal_ for Balt., Cal., Conn., Fla., Minn.,
. Y. and R. I.
‘Listed on the Baltimore Stock Exchange.
Original Market—$938, 000 4s offered in 1897,
at '101}4 and interest, by Brown Bros. ba Co., New
York and Philadelphia. s
Market.
New York—J. S. Farlee & Co., Coffin :& Co.,
Estabrook & Co., Wolff & Stanley, Seasongood
Haas, Wood, Struthers & Co., Peck, ‘Rasmus
& Truesdale.
Baltimore—Jenkins, Whedbee & ‘Poe, Baker,
‘Watts & Co., Sutton & Co., Nelson, Cook & Co.,
Poe & Davies,, Mackubin, Goodrich &, Co.,
Townsend Scott & Son, B. Warren Corkran & Co.
‘Boston—Estabrook & Co.
WILMINGTON (DEL.) CITY ELECTRIC Co.
Ist 5s. Due May 1, 1951.—
‘Dated May 1, 1911. Interest ‘payable May
and Nov. 1, at Trustee's ‘office, New York.
Authorized—$1, 000,000.
Outstanding—$800, ‘00! 0.
Denomination—Coupon, $1,000.
as to principal.
Trustee—United States Mortgage &. Trust
Co., New York..
Redeemable at 110 and interest on ‘May 1,
1921,.or on any interest date thereafter.
Guaranteed principal and’ interest by the
Wilmington & Philadelphia Traction’ \Co., lessee
by endorsement.
Organization and Contirol—Inéorporated, 1895
in Delaware., Leased 1910 for the term of 990
years to the Wilmington & Philadelphia Traction
Co., the latter, company, assuming all fixed
charges. The Wilmington & Philadelphia Trac-
ee Co. is controlled by the National Properties
Registerable
"hecured by a “first inorteae on ‘electric plant,
supplying Wilmington, Del. and vicinity. Fran-
chises ee Pepulstion ee 100,000.
-, Net: ae & P. T. Co.,
NOUN ese & caw a aa daie nme "$815,855
igtoot! rental Ob Ci drcsupstnt teenmat cas 563,743
_ Original, Market—$500,000 offered in May,
1911, by Parkinson urr, Boston, etc., at 98
and ‘interest; and $300,000 offered Feb., 1912,
at 99 and ‘interest, by Shed game firm...
ar
New York—Parkinson & Burr, Alfred Mestre
& Co., Kirkpatrick & Lewis.
Boston—Parkinson & Burr.
Wilmington, Del. —Scott & Co.
Portland, Me.—Fidelity Trust Co.
hh 8
WILMINGTON (DEL.) CITY RAILWAY Ist
5s. Due Sept. 1, 1951.—
Dated Sept. 1, 1911. Interest payable March
and Sept. 1, at Equitable Guarantee & Trust
'Co., Wilmington, Del.
Authorized: and Outstanding—$600,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Equitable Guarantee & Trust Co.,
Wilmington, Del.
920
Redeemable on or after Sept. 1, 1914, at 105
, and interest.
‘railway system in Wilmington, Del.,
Organization..and Control—Incorporated in
Delaware 1864... Entire stock owned by the
Wilmington & Chester Traction Co., which in
turn is controlled by the United Power, & Trans-
portation Co., a subsidiary af the Interstate Rys.
Co. Leased "for 990 years to Wilmington &
Philadelphia Traction Co. which is controlled by
the National Properties Co.
Secured by a first mortgage on entire street
embracing
33 miles of track. Population 1910, 87,411.
‘Franchises are perpetual.
Earnings—See Wilmington City El. 5s above.
Original Market—First offered by Scott &
Co., Wilmington, Del. -
Market.
Baltimore—J. S. Wilson, Jr., & Co.
Wilmington—Scott & Co.
WILMINGTON GAS'CO. Ist & Ref. 5s.
Sept. 1, 1949.—
Dated Sepembet 1, 1909. Interest payable
March and Sept. 1, at Girard Trust Co., Phila-
delphia.
Authorized—$5, 000,000.
Outstanding—$2, 449, 000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Girard Trust Co., yladelpeis:
Due
Redeemable at 105 and interest Sept. 1, 1919,
or, on any interést date thereafter.
Sinking Fund—$25,000 per annum, com-
mencing June 1, 1924, to be applied to the pur-
- chase or redemption of these bonds at not over
105 and interest. Bonds so redeemed to be
Kept alive and interest added to the sinking
un
Organization—Incorporated ‘in Delaware in
1909 as a consolidation of local gas properties.
Secured by a first mortgage on plants supplying
gas. to Wilmington, Del. Population 1910,
87,411. Franchises are pope
Net. Earnings, 8/31/11 $223,031
Interest........-. cece ccceccuee 111,767
Listed on the Philadelphia Stock Exchange.
Original Market—$2,000,000 offered in Sept.,
1909, by. Drexel & Co., Philadelphia, and Brown
Bros. & Co., New York, Philadelphia and Boston,
at 98 and interest. :
p Market. ;
Philadelphia—Drexel & Co., Brown Bros. &
Co., S. K. Phillips, Reed A. Morgan & Co., E. B.
Smith & Co., able Glendinning & Co., Geo. N.
Fleming, C. D. Barney '& Co., J. Paul Lloyd,
Ervin & Co. s% Henry & West, M. M. Freeman &
Co., Oscar R. Dare, Robt. D. Ghriskey & Co.,
Elkins, Morris & Co.
Wilmington—Laird & Co., Scott & Co.
New York—Kirkpatrick & Lewis.
WILMINGTON (DEL.) LIGHT & POWER CO.
Ist 5s. Due April 1, 1960.—
Dated April 1, 1910. Interest payable April
and Oct. 1, at Wilmington Trust Co., Wilming-
ton, Del.
Authorized—$2,000,000.
Outstanding—$1,381,000.
~ Denomination—Coupon, $1,000. Registerable
as to principal only.
Trustee— Wilmington Trust Co., Wilmington,
el,
Redeemable at 110 and interest.
Organization and Control—Incorporated 1906
in Delaware. Controlled through ownership of
entire stock by the Wilmington & Philadelphia
Traction Co. (National Properties oe
Secured by a first mortgage on electric lighting
plant distributing system etc., supplying a por-
tion of the city of Wilmington, Delaware. lso
secured by second mortgage on automatic tele-
phone system of 3,000 stations formerly operated
by Delmarvia Telephone Co. Population served,
Prior Liens—$100,000 Debenture 6s of Del-
marvia Telephone Co.
Original Market—$200,000 offered Nov., 1913,
by Newburger, Henderson & Loeb at 85 and
interest. ‘
i 4 Market.
Philadelphia—Oscar R. Dare, Geo. P. Bissell,
Newburger, Henderson & Loeb, S. K. Phillips.
New York—E. & C. Randolph, Engineering
Securities Corporation.
Wilmington—Scott & Co.
WILMINGTON RAILWAY BRIDGE CO. Cons.
(now Ist) 5s. Due April 1, 1943.—N.
Dated April 1, 1893. Interest payable April
and Oct. 1, at Trustee’s office.
Authorized—$250,000.
Outstanding—$217,000.
Denomination—Coupon, $1,000.
Trustee—Safe Deposit & Trust Co., Baltimore.
Guaranteed as to principal and_ interest
jointly by the Wilmington & Weldon R. R. Co.,
the Wilmington, Columbia & Augusta R. R. Co.
and the Carolina R. R. Co.
Assumed—The above guarantee has been
assumed by the A. C. L. R. R. Co. and the
8. A. L. Ry. Co. through mergers of guarantor
companies.
Controlled by the Atlantic Coast Line R. R. Co.
and the Seaboard Air Line Ry. Co., through
ownership of the entire capital stock,
Secured by a first mortgage on two bridges over
Cape Fear River, N. C., and 2 4 miles of track.
WINNIPEG ELECTRIC RAILWAY CO. 1st
Ref. S. F. 5s. Due Jan. 2, 1935.
Dated Jan. 2, 1905. Interest payable Jan. 1
and July 1, at Bank of Montreal, Montreal,
Quebec, New York, etc.
Anthorized—$5,000,000.
Outstanding—$4,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
stee—Royal Trust Co., Montreal.
Sinking Fund—14% of bonds outstanding
qupually from 1915 to 1924; 2% annually 1925 to
Organization—Incorporated in Manitoba in
1904 as a consolidation of gas, electric and street
railway properties in Winnipeg and St. Boniface.
Controls through stock ownership the suburban
Rapid Transit Co. and Winnipeg Selkirk & Lake
Winnipeg Ry. Co.
Secured by a first mortgage on hydro-electric
plant of 30,000 h.p. and one steam plant of 12,-
000 h.p. and a general mortgage on plants supply-
ing gas and electricity in Winnipeg and on 79
miles of street and interurban railway track.
The company operates a total of 119 miles of
track. Franchises are perpetual and street
railway are exclusive in Winnipeg until 1927
and in St. Boniface until 1943.
Prior Liens—$1,000,000 Winnipeg Electric St.
Ry. Co. for the retirement of which bonds are
reserved under this mortgage.
Net Earnings, 12/31/14........ $1,685,093
Interest, et@ 34.04 cccens en dee 690,482
Dividends..............-. 0005 1,080,000
Listed on the Montreal Stock Exchange. _
Original Market—First offered by N. W. Harris
& Co., New York, Boston and Chicago, and the
Bank of Montreal.
Market.
Montreal—McCuaig Bros. & Co., Nesbit,
Thompson & Co., Canada Sec. Corp., Ltd., N. W.
Harris & Co.
New York—Harris, Forbes & Co., Slattery &
Co., Kirkpatrick & Lewis.
Boston—N. W. Harris & Co.
Chicago—Harris Trust & Savs. Bank.
Toronto—Dominion Securities Corp.
WINNIPEG ELECTRIC RAILWAY 6% Notes.
Due $750,000 Jan. 15, 1916 and $750,000
Jan. 15, 1917.
Dated Jan. 15, 1915. Interest payable Jan.
15 and July 15, at Bank of Montreal, New York,
Toronto or London. A
Authorized and Outstanding—$1,500,000.
Denomination—Coupon, $1,000.
Trustee—Central Trust Co. of New York,
New York.
Redeemable at 10234 and interest on any in-
terest date.
Security—A direct obligation of the company,
but not secured by a mortgage. For descrip-
tion of property, earnings, etc., see lst Refg, 5s,
1935, page 926.
Original Market—Offered in January, 1915,
by William A. Read & Co., New York, Philadel-
phia, etc., and Dominion Securities Corporation,
Montreal, at 10014 for 1916 maturity and par
for 1917 maturity.
WINNIPEG ELECTRIC STREET RAILWAY
1st 5s. Due Jan. 1, 1927.
Dated 1898. Interest payable Jan. and July 1,
at Bank of Montreal, Montreal, Quebec.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $500. Registerable
as to principal. :
e Control—Merged 1904 into Winnipeg Electric
0. ;
Secured by a first mortgage on about 79 miles
of track in and about Winnipeg, Can. Franchises
perpetual.
Underlies—$4,000,000 W. E. Ry. Co. 1st Ref.
5s of 1935 which mortgage provides to retire
this issue.
See W. E. Ry. 5s above.
Listed on the Montreal pire Exchange.
arket.
Toronto—Murray, Mather & Co., Dominion
Securities Corp.
Montreal—N. B. Stark & Co., St. Cyr. Gou-
thier & Frigon.
New York—Kirkpatrick & Lewis.
WINONA & ST. PETER RAILROAD CO. Ist
S. F. Ext. 7s. Due Dec. 1, 1916.—F.
See Map 25.
Dated Dec. 1,,1871. Interest payable June
and Dec. 1, at Chicago & N. W. Company’s office,
111 Broadway, New York.
Authorized —$4,375,000.
Outstanding—$4,038,500 (Closed mortgage).
Held in Sinking Fund—$202,500.
Denomination—Coupon, $1,000,$500 and $100.
Registerable as to principal.
to Loan & Trust Co., New
ork.
Sinking Fund—$23,000 annually to be applied
to the purchase of these bonds or others of the
Chic. & No. West. System at not exceeding par
and interest.
Assumed by Chicago & Northwestern Ry. Co.
Organization and Control—Incorporated in
Minn. in 1862 and in 1900 was consolidated into
the Chicago & North Western Ry. Co. . :
Secured by a first mortgage at the rate of $23,-
000 per mile on (12) 184 miles of road from St.
Peter, Minn., to Watertown, S. D.
Underlies—$90,000,000 Chic. & No. West.
Gen. 3s, 4s and 5s of 1987, which provides for
the retirement of this issue and Debentures.
Legal for Balt. Cal., Conn., Fla., Me., Mass.,
Mich., Minn., Mo., N. H., N. J., N. Y., R. L,
Vt. and Wis.
Listed on the New York Stock Exchange.
Market, ag eed
New York—Remick, Hodges & Co., L. M.
Prince & Co., Douglas Fenwick & Co., Gil-
man & Clucas, Wm. Kirkpatrick, Ladd & Wood,
Harris, Forbes & Co., Kirkpatrick & Lewis,
Wood, Struthers & Co., Seasongood & Haas, J.
H. Becker & Co.
Boston—N. W. Harris & Co., Ine,
Chicago—Harris Trust & Sav. Bk.
WINONA BRIDGE RAILWAY Ist’ 5s.
‘Sept. 1, 1915.—N. ‘
Dated’ Sept. 1, 1890.
and Sept. 1, at 547 W. Jackson Boulevard
Chicago, and Chicago, Burlington & Quincy
office, 32 Nassau St., New York.
Authorized—$400,000.
Outstanding —$384,000. -
Denomination—Coupon, $1,000.
as to principal. ’
Coates BANE, Loan & Trust Co., New
ork. :
Redeemable for sinking fund at 110 and
interest.
Organization and Control—Incorporated in
Minn. in 1890 and is leased until 1921 to the
Chicago, Burlington & Quincy R. R. and Green
ie Western R. R. which own the entire
stock. :
Secured by a first mortgage on bridge over
the Mississippi River between Winona, Minn.
and Buffalo, Wis. i
Net Earnings, 6/30/14.,........ .- $46,013
Interest and taxes................ 22,363
Market.
Boston—Parkinson & Burr.
WINONA (MINN.) GAS LIGHT & COKE CO.
1st 5s. Due July 1, 1925.—F.
Dated July 1, 1905.° Interest payable Jan.
ae July 1, at Cleveland Trust Co., Cleveland,
10. -
Authorized and Outstanding—$300,000.
Denomination—Coupon, $1,000.
Trustee—Cleveland Trust Co., Cleveland, O.
_ Redeemable after July 1, 1915, at 105 and
interest. ;
Sinking Fund—10% per annum of net earn-
ings (commenced 1910).
Organization and Control—Incorporated 1905
in Minnesota succeeding the Winona Gas Co.
Controlled (since 1912) by the American Public
Utilities Co of Grand Rapids, Mich.
_ Secured by a first mortgage on plant, supply-
ing gas to Winona, Minn. Population served,
18,000. Franchises expire May, 1929.
: Market.
Chicago—Union Trust Co., Chicago Sav. Bank
& Trust Co. ?
Cleveland—Borton & Borton.
Grand Rapids, Mich.—Kelsey, Brewer & Co.
New York—J. A. Clark & Co., Edmund Sey-
mour & Co.
WINONA INTERURBAN RAILWAY Goshen
Div. 1st 5s. Due July 1, 1925.—N.
Dated July 1, 1905. Interest payable Jan.
and July 1, at First Trust & Savings Bank,
Chicago, Ill.
Authorized and Outstanding—$750,000.
Denomination—Coupon, $500 and $1,000.
Trustee—First Trust & Savings Bank, Chicago.
Redeemable on any iriterest date at 105 and
interest.
Organization—Incorporated in 1903 in Indi-
ana. Began’ business in 1905.
Secured by a first mortgage on about 23
miles of track extending from Goshen to Warsaw,
Ind. Franchises expire after 50 years. Com-
pany operates a total of 70 miles of road including
from Goshen to Peru, of which about 5 miles are
leased (Warsaw to Winona Lake). Population
served by this line about 20,000.
Net Earnings, 6/30/14............ $61,805
Market.
New York—Tobey & Kirk, Foster & Adams.
Chicago—Hulburd, Warren & Chandler, E. T.
Konsberg & Co., Wollenberger & Co.
WINONA INTERURBAN RAILWAY = Peru
Division 1st 5s. Due April 1, 1936.—N.
Due
Registerable
Interest payable March .
Dated April 1, 1906. Interest payable April
and Oct: 1, at Union Trust Co., Indianapolis, Ind.
Authorized—$2,000,000.
Outstanding—$1,593,700.
Denomination—Coupon, $100,
$1,000. : : :
Trustee—Union Trust Co., Indianapolis, Ind.
Redeemable at 105 and interest on any interest
date.
Secured by a first mortgage on 42 miles of inter-
urban electric railway between Warsaw and Peru, -
Ind. (For other details see oshen Div. Ist
5s above.) Population served by this line,
22,000.
Market. |
Chicago—Hulburd, Warren. & Chandler.
New York—Leonard Snider & Co.
WINSTON-SALEM GAS CO. Ist 5s. Due
July 1, 1932.—F. .
Dated July 1, 1912. Interest_payable Jan.
and July 1, at Union. Trust Co., Detroit, Mich.,
or at the Guaranty Trust Co., New: York. i
Authorized—$500,000.
Outstanding—$250,000.
Denomination—Coupon, $1,000. -_ ‘
Trustee—Union Trust Co.,. Detroit, Mich.
Redeemable at 102 }4 and interest. . .
Organization—Incorporated in North-Carolina
in 1912. ; é i
Secured by a first mortgage on plant supplying
gas to- Winston-Salem, N. C., serving a popu-
lation of 33,000. . Franchises-extend beyond 1932.
Original Market—$250,000 offered in Aug., -
1912, at 95 and interest, by W. E. Moss & Co.,
Detroit, Mich. :
Net Earnings, 12/31/13.......... $22,722
Interest.........206-5 ‘ 16,494 .
New York—Foster & ‘Adams.
Philadelphia—Henry & West.
Detroit—W. E. Moss & Co.
WINSTON-SALEM SOUTHBOUND RAILWAY
CO. 1st 4s. Due July 1, 1960.—F.'
See Map 5.
Dated July 1, 1910. Interest payable Jan
and July 1, at Trustee’s office. _
Authorized and Outstanding—$5,000,000.
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000. & R. interchangeable.
Trustee—United States Trust Co., New York.
Control—Of the $125,000 capital stock of the
Winston-Salem Southbound Ry., one-half is
owned by the Norfolk & Western Ry. Co. and
one-half by the Atlantic Coast Line R. R. Co.
Guaranteed principal and interest jointly and
severally. by the Norfolk & Western Ry. Co. and
the Atlantic Coast Line R. R. Co. 3
Secured by a first mortgage at about $56,200
per mile, on (9) 89 miles of road extending from
‘Winston-Salem on the Roanoke-Winston-Salem
division of the N. & W. Ry., to Wadesboro, N. C.,
on the Florence- Wadesboro division of the Atlantic _
Coast Line R. R. This railway was built to
afford a connecting link for through coal traffic
and other business interchanged between the two
companies in control.
Net Earnings, 6/30/14........... $219,905
Fixed charges...............-..- 251,458
Legal for Fla., Mich., Minn., N. H. and
bs
Listed on the New York Stock Exchange.
Original Market—Offered in Feb., 1911, by
Chas. D. Barney & Co., and Brown Bros. & Co.,
Philadelphia, Wm. Salomon & Co., New York,
and Union Trust Co.; of Pittsburgh, at 96 and.
interest.
Market.
New York—Pendergast, Hale & Co., Wolff &
Stanley, Lee, Higginson & Co., Coffin & Coa.,
Chas. D. Barney & Co., L. M. Prince & Co.,
Foster & Adams, Bull & Eldredge, Jacobson &
$500 and
922
Friedman, Brown Bros. & Co., Leonard Snider
& Co., McGeorge & Vanderhoef.
Boston—Lee, Higginson & Co.
Philadelphia—Mellor & Petry, E. B. Smith &
Co., Henry & West.
New Haven—Farlee & Goodrich.
WISCONSIN CENTRAL RAILWAY CO. Su-
perior & Duluth Div. & Terminal 1st 4s.
Due May 1, 1936.—F.
See Map 73. ~-
Dated May 1, 1906. Interest payable May
and Nov. 1, at Bank of Montreal, New York.
Authorized—$8,500,000.
Outstanding—$7,500,000 (Closed mortgage).
Denomination—Coupon, $1,000. Registerable
asto principal. .
Trustees—United States Trust Co., New
York, and Edward W. Sheldon.
Organization, Earnings, etc.—See lst Gen. 4s
below. ;
Secured by a first mortgage at the rate of
$48,600 per mile on (8) 100 miles of road from
Owen, Wis., to and through Superior, to Duluth,
Minn.; and terminal property in Superior and
Duluth costing about $3,000,000, and covering
about 413 acres.
Underlies—$6,900,000 Wisconsin Central Ry.
1st & Ref..4s of 1959, which provide for the retire-
ment of this issue, and notes.
Legal for Cal., Me. and Mo.
Listed on the New York Stock Exchange.
Original Market—Underwritten in 1906, by
Brown Bros. & Co., New York and Philadelphia.
Edward Sweet & Co., New York, George A.
Fernald & Co., Boston, and Maitland, Coppell &
Co., New York, and offered to the stockholders
of the Wisconsin Central Ry. in 1906, at 89 and
interest.
Market.
New York—J. S. Bache & Co., Hartshorne &
Battelle, Bigelow & Co., A. M. Kidder & Co.,
A. E. Fitkin & Co., Clark, Dodge & Co., Cogge-
shall &' Hicks, L. M. Prince & Co., Rhoades &
Co., Blodget & Co., Jacobson & Friedman,
Struthers & Hiscoe, Gude, Winmill & Co.
Chicago—-Northern Trust Co.
Philadelphia—H. F. Bachman & Co., E. B.
Smith & Co.
Baltimore—Jenkins, Whedbee & Poe.
WISCONSIN CENTRAL RAILWAY CO.
Due July 1, 1949.—F.
See Map 78.
Dated July 18, 1899. Interest payable Jan.
and July 1, at Bank of Montreal, New York.
Authorized—$27,000,000.
Outstanding—$23,529,000.
Cancelled—$1,952,000. :
Additional bonds if issued shall be deposited
with the Trustee of the First & Refunding Mort-
gage, due 1959.
Denomination—Coupon, $1,000.
as to principal.
Trustees—United States Trust Co.,
York and John A. Stewart.
Sinking Fund—Proceeds from the sale of
Ist
Registerable
New
lands are to be invested by the Trustee in these.
bonds at par and interest. If not purchasable
at this price they may be invested at a higher
price ‘on the request of the Railway Co. or
applied to improvements, additions, ete.
Control—The Wisconsin Central Ry. Co. was
leased for 99 years from April 1, 1909, to the
Minneapolis, St. Paul & Sault Ste. Marie Ry.,
Co. which owns 51% of its common stock, and
now operates it as its Chicago Division. The
latter company is controlled through stock
ownership by the Canadian Pacific Ry. Co.
Secured by mortgage at the rate of $29,500
per mile, on 798 miles of road, being a first lien
on (6) 683 miles from Schleisingerville, Wis., to
Withrow Jct., Minn., Spencer to Ashland, Wis.,
Abbotsford to Owen, Wis., Stevens Point to
923
Portage, Wis., Neenah to Menasha, Wis., Hilbert
Jct. to Manitowo¢, Wis., Packwaukee Jct., to
Montello, Wis., Marshfield to Greenwood, Wis.,
Chippewa Falls to Eau Claire, Wis., Chelsea to
Rib Lake, Wis., Mellen ‘to Bessemer, Wis.,
Abbotsford to Goodrich, Wis., the Ashland Ore
Dock & Yard Line and the Ashland Commercial
Dock Line, and a second mortgage on (5) 115
miles from Chicago to Schleisingerville, Wis.,
ate to a prior lien at the rate of $6,700 per
mile.
Prior Liens—$776,000 Chicago, Wis. & Minn.
Ist 63 of 1916.
Underlies—$7,883,000 Wisconsin Central Ry.
1st & Ref. 4s of 1959, which provide for the
retirement of this issue. :
Report Years Ended June 30:
_ ; 1913-14 1912-13
‘Gross Earnings .. $10,501,255 $10,795,233
Net Income. . 2,248,079 2, ,318
Interest...... 1,630,383 1,604,467
Dividends, ete 450,688 484,229
Surplus....... $67,008 $642,663
Legal for Cal. and Me
Listed on the New
York and Boston Stock
Market.
New York—Percy H. Bradshaw, J. 8. Bache
& Co,., Harris, Forbes & Co., Dominick & Dom-
inick, Bigelow & Co., Clark, Dodge & Co., Sea-
songood & Haas, Herrick & Bennett, Newborg & ©
Co., Struthers & Hiscoe, L. M. Prince & Co.,
Wood,.Struthers & Co. |.
a W. Harris & Co., Parkinson &
urr,
Chicago—Harris Trust & Savings Bank, ,
Union Trust Co., The Northern Trust Co.
Baltimore—Howard R. Taylor & Co.
Exchanges.
WISCONSIN CENTRAL RAILWAY CO. Marsh-
field & Southeastern Div. Ist 4s. Due May
1, 1951.—F. :
‘See Map 73.
Dated May 1, 1901. Interest payable May
and Nov. 1, at Bank of Montreal, New York.
Authorized—$450,000.
cl ae Fa A
Retired by Sinking Fund—$74,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—United States Trust Co., New York.
Redeemable at 105 and interest on any interest
date, as a whole or for sinking fund.
Sinking Fund—Annually beginning May 1,
1902, $5,250 to be applied to the purchase or
redemption of these bonds at not exceeding 105
and interest.
Control—See 1st Gen. 4s. :
Secured by a first mortgage, at the rate of
$11,700 per mile, on (7) 33 miles of road from
Marshfield to Nekoosa, Wis.
Underlies—$7,883,000 Wisconsin Central Ry.
1st & Ref. 4s of 1959, which provide for the retire-
ment of this issue.
Legal for Me. and Mo.
Market.
New York—Pouch & Co.
Hartford—Roy P. Crary. .
Boston—Wnm. A. Read & Co.
WISCONSIN CENTRAL RAILWAY CO. Ist &
Ref. 4s. Due April 1, 1959.—F.
See Map 73.
Dated April 1, 1909. Interest payable April
and Oct. 1, at Bank of Montreal, New York, or
in London at the fixed rate of $4.87 per £ Sterling.
Authorized—$60,000,000.
Outstanding—$5,816,000.
Deposited as Collateral—$1,500,000. a
Denomination—Coupon, $1,000. Registerable
as to principal or fully registerable. Registered,
$1,000, $5,000, $10,000, $50,000 and $100,000. .
Trustees—Empire Trust Co.
Leroy W. Baldwin.
Control—See 1st Gen. 4s.
Guarantee—In Oct., 1912 the Minn., St. Paul
& Sault Ste. Marie offered to endorse its guaranty
» New York, and
of interest on these bonds if presented for that.
purpose. : .
Secured by a second mortgage on (6) 870 miles
of roadfrom S¢éhleisinger ville to Ashland, Wis., Ab-
botsford to Withrow (near Minneapolis, Minn.)
and numerous branches in Wisconsin, subject te
prior liens at the rate of $32,200 per mile, and
a third mortgage on 115, miles of road from
Chicago, Ill., to Schleisingerville, Wis.,' subject
to prior liens at the rate of $36,200 per mile.
These bonds are outstanding, at the rate of $7,600
per mile. ; ae
Prior Liens—$776,000. Chicago, Wis. & Minn.
1st 6s of 1916; $23,585,000 Wisconsin Central 1st
Gen. 4s of 1949; $7,500,000 Wis. Cent.-Superior
& Duluth Div. 48 of 1936; and $383,000 Wis.
Cent.-Marshfield & Southeastern Ist 4s of 1951
for the retirement of which bonds of this issue are
reserved. ;
Listed on the New York Stock Exchange.
Original Market—$3,500,000 offered in Feb.,
20 by the Bank of Montreal, Montreal, New
ork, ete. .
Market.
New York—Wm. A. Read & Co., Folsom &
Adams.
(THE) WISCONSIN EDISON CO. 10-Year
§ % Conv. Debentures. Due May 1, 1924.
Dated May 1, 1914. Interest payable May
and Nov. 1. Hea!
Authorized—$10,000,000.
Issued—$6,500,000.
Denomination—$100, $500 and $1,000.
terable as to, principal.
Registrar—Bankers’ Trust Co., New York.
Redeemable at 102 and interest on May 1,
1916 or any time thereafter on 60 days’ notice.
Convertible after May 1, 1916, and prior
to May 1, 1923, into stock at $80 per share.
Organization and Control—Incorporated in
New York in 1912 to take over the holdings of
the North American Co. in Milwaukee and other
Wisconsin public utility companies, and con-
trols through stock ownership the Milwaukee
Light, Heat & Traction Co., Milwaukee Electric
Ry. & Lt. Co., Wisconsin Gas & Elec. Co.,
Watertown Gas & Elec. Co., North Milwaukee
Light & Power Co., Wisconsin General Ry. Co.
and Burlington Electric Light & Power Co.
These companies own and operated some 375
miles of street and interurban railway, includ-
ing street railways in Milwaukee, Racine; Ken-
osha and Watertown, Wis., and supply gas and
electricity to a population of 575,000.
Security—A direct obligation of the company
but not secured by a mortgage. .
*Net Earnings, 12/31/14 $2,670,644
1,354,415 |
INGOT Sb os icci asses rne's Fe eine eects
1918, by
*Combined properties.
Original Market—Offered, May,
Boston and New. York, at
Market.
Jackson & Curtis.
95 and interest.
New York—W. P. Bonbright & Co., Berdell
Bros., Kirkpatrick & Lewis, Federal Utilities,
S. L. Snowden.
gen oe & Cabot, Richardson, Hill &
oO.
Regis-
ELECTRIC RAILWAY Ist 5s.
Due Aug. 1, —F,
Dated Aug. 1, 1908. Interest payable Feb.
“ae Oct. 1, at Wisconsin Trust Co., Milwaukee,
is.
Authorized—$1,500,000.
Outstanding—$801,000.
Denomination—Coupon, $500 and $1,000.
WISCONSIN
924
Trustee—Wisconsin Trust Co., Milwaukee,
is.
4 Redeemable at 105 and interest on any interest
late.
Guaranteed principal and interest by the
Eastern Wisconsin Ry. & Light Co. <
Organization and Control—Incorporated Aug.
16, 1908, in Wisconsin, succeeding the Winne-
bago Traction ‘Co., sold under foréclosure.
Controlled by the Eastern Wisconsin Ry. &
tae Co., through ownership of entire capital
stock.
Secured by a first mortgage on 46 miles of road
including 19 miles of street railway in the City
of Oshkosh and 27 miles from Oshkosh to Neenah
(including one mile of line in Neenah) and
Omro, Wis. Population served 40,000. Fran-
chises expire in 1932.
Net Earnings, 11/30/14........... $61,002
Interest, et... i dns caine weacenre 4 40,535
Market.
New York—C. E. Mitchell & Co., Bigelow &
0.
Milwaukee—Edgar, Ricker & Co.
Philadelphia—Elkins, Morris & Co., S. K.
Phillips.
WISCONSIN, GAS & ELECTRIC CO. Ist 5s.
Due June 1, 1952.—F. .
Dated June 1, 1912. Interest payable June
and Dec. 1, at Harris, Forbes & Co., New York.
Authorized—Unlimited. — litem
Outstanding—$2,000,000. . . .
Denomination—Coupon, $1,000 and $500.
Registerable as to principal. .
Trustee—Harris Trust & Savings Bank
Chicago. . pa
Redeemable at 105 and interest on June 1,
1917, or on any interest date thereafter. _
Organization and Control—The Wisconsin Gas
& Electric Co. succeeded in 1912 the Racine Gas
Light Co., and acquired the properties, business
and franchises of the Kenosha Gas & Electric Co.
and Kenosha Electric Ry. Co. The Company is -
controlled by the Wisconsin Edison Co., which
was organized by the North American Co., to take
over its holdings of public utilities in Wisconsin.
Secured by a first mortgage on plants supply-
ing gas in Racine and Kenosha and electricity
in Kenosha, Wis., also on eight miles of street
railway track in Kenosha. Population served
70,000. Street railway franchise extends to
1952; Gas franchises perpetual and exclusive.
Electric indeterminate. '
Net Earnings, 12/31/14 $196,590
Interest 110,183
Original Market—$2,000,000 offered in Octo-
ber, 1912, by Harris, Forbes & Co., New York,
N. W. Harris & Co., Inc., Boston, Harris Trust &
Savings Bank, Chicago, and Spencer Trask & Co.,
New York, Boston and Chicago, at 9814 and
interest.
Market. :
Chicago—Harris Trust & Savings Bank, Stan-
wood, Taylor & Co., Northern Trust Co., Ft.,
Dearborn Trust & Savings Bank, Yard, Otis &
a Ames, Emerich & Co., Spencer Trask &
70.
Milwaukee—First Savings & Trust Co.,
Edgar, Ricker & Co., John E. De Wolf Company.
ew York—Harris,- Forbes & Co., Spencer
free & Co., A. E, Fitkin & Co., Kirkpatrick &
ewis.
_Boston—N. W. Harris & Co.
é
WISCONSIN-MINNESOTA LIGHT & POWER
CO. 1st & Refg. 5s. DuejMay 1, 1944.—N.
Dated May 1, 1914. Interest payable May 1°
and Nov. 1, in New York or Chicago.
Authorized—$20,000,000.
Outstanding—$2,949,500.
Denomination—Cou:
000.
Registerable $1,000.
500 and $1
ble.
pon, $50
. & R. interchangea
Trustee—Harris Bank,
ree
edeemable at 105 and interest on or after
Meine ing ioe
inking Fund—1 % of outstanding bonds from
1919 to 1928, 114% from 1929 to 1938 and 2%
thereafter to retire bonds or for extensions and
betterments.
Organization and Control—Incorporated in
Wisconsin in 1914, as a consolidation of three
earlier companies. The entire capital stock is
owned and the properties managed by the Amer-
ican Public Utilities Co.
Secured by a second mortgage on 23 miles of
electric railway embracing the street railway
lines in Eau Claire and Chippewa Falls, Wis.,
and interurban lines between those cities, hydro-
electric plant at Menomonie, Wis., plants, trans-
mission lines and distributing systems supplying
electricity in Eau Claire, Chippewa Falls, and
other towns in Wisconsin, transmission lines to
Red Wing, Lake City and Wabash, Minn., the
local electric companies in those cities being
supplied with power by this company, and gas
plant in Chippewa Falls, and on gas and electric
plant in La Crosse, Wis. Population served,
about 90,000. The company operates under in-
determinate franchise from the Public Utilities
Commission.
Prior Liens—-$1,485,000 Chippewa Valley Ry.,
Lt. & Pr. 1st 5s of 1924.
Net Earnings, 12/31/14.......... $511,654
INEGEESE i: icse'-s-israraas geratskec’ x. pacetnedcs 4-3 232,000
Original Market—First offered in June, 1914,
by Harris, Forbes & Co., New York, N. W. Harris
& Co., Boston, and Harris Trust & Savings Bank,
Chicago, at 9314 and interest.
Market.
New York—Harris, Forbes & Co.
Chicago—Harris Trust & Savings Bank.
Milwaukee—John E. De Wolf & Co., First
Savings & Trust Co. >
Hartford—Conning & Co.
WISCONSIN PUBLIC SERVICE CO. Ist &
"Ref. 5s. Due Jan. 1, 1942.—F.
Dated Jan. 1, 1912. Interest payable Jan
and July 1, at Wisconsin Trust Co., Milwaukee,
is.
Authorized—$15,000,000.
Outstanding—$1,588,000. ee :
Held in Escrow—$1,100,000, of which $800,000
are owned by the Wisconsin Securities Corp.
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—Wisconsin Trust Co., Milwaukee,
Trust & Savings
is.
Redeemable at 105 and interest on any interest
ate.
Improvement or Sinking Fund—2% annually
of outstanding bonds, commencing Jan. 1, 1917,
for the purchase or redemption of these bonds
at not over 105 and interest, or may be applied
toward the acquisition of property, extensions,
improvements, etc., of property covered by this
mortgage. 2
Organization and Control—Incorporated in
Wisconsin in Dec., 1911, as a consolidation, and
8 controlled through stock ownership by the
Winconsin Securities Co. ; 4
Secured by a first mortgage on street railway
system in Green Bay, Wis., comprising 14 miles
of track and 28 miles of interurban lines extend-
ing from that city and including line to Kau-
kauna, 21 miles, where it connects with inter-
urban line to Appleton and south to Fond du
Lac, and also on hydro-electric plant of 7,400
h. p. at High Falls, 61 miles from Green Bay; a
second mortgage on plants supplying gas and
electricity in Green Bay. Population served,
Green Bay about 30,000, remaining territory
7,500. Franchises are indeterminate.
Prior Lien—$497,000 Green Bay Gas & Elec.
Co. bonds, which this mortgage provides to retire.
925
Net Earnings, 12/31/13.......,.. $166,266.
TNGELeSti sisi see we eres Sa en rege 148,85
Original Market—$1,150,000 offered in 1912,
by N. W. Halsey & Co., New York, etc., at 95
and interest.
Market.
New York—N. W. Halsey & Co.
Milwaukee—Edgar, Ricker & Co., First Sav-
ings & Trust Co., John E. De Wolf Co.
WISCONSIN RAILWAY, LIGHT & POWER
CO. 1st & Ref. 5s. Due Feb. 1, 1933.—F.
Dated Feb. 1, 1918. Interest payable Feb.
and Aug. 1, at Trustee’s office, or in New York.
Authorized—$10,000,000.
‘Outstanding—$1;200,000 ($800,000 additional
held in escrow to be issued only in lots of $50,000
or multiples thereof under certain restrictions,
such bonds to rank junior to the outstanding
$1,200,000 bonds).
Denomination—Coupon, $1,000.
as to principal.
Trustee—First Savings & Trust Co., Milwau-
kee, Wis.
Redeemable at 105 and interest on any interest
date as a whole or in part.
Sinking Fund—2 % per annum beginning 1918.
Organization—Incorporated in Wisconsin Jan.,
1918, as successor through reorganization of the
Winona Ry. & Lt. Co. Also of the La Crosse
Water Power Co. and the La Crosse City Ry.
Secured by a first mortgage _on hydro-electric
plant on the Black River at Hatfield, Wis., and
transmission lines to Winona, Minn., and La
Crosse, Wis., and on plants supplying electricity in
Winona, Minn., and Onalaska, Wis., and street
railway system in Winona; a second mortgage
on the street railway system in La Crosse, Wis.
The company operates under contract three
miles of interurban line from La Crosse to Ona-
laska. Total track operated 24 miles.
Prior Liens—$220,000 La Crosse City Ry. 1st
5s.
Net Earnings, 6/30/14........... $137,831
Fnterest iis ucese st nei se Lasoaastsd 25 111,000
Original Market—Offered by N. W. Halsey
& Co. in 1913 at 88% and interest. ~
Market.
eo York—N. W. Halsey & Co., J. A. Clark
‘0.
Registerable
Chicago—Ames, Emerich & Co., E. T. Kons-
berg & Co., National Bank of Republic, Stan-
wood, Taylor & Co. g
WISCONSIN TRACTION, LIGHT, HEAT &
POWER Ist 5s. Due July 1, 1931.—F.
Dated July 1, 1901. Interest payable Jan.
and July 1, at First Savings & Trust Co., Mil-
waukee, Wis.
Authorized—$3,000,000.
Outstanding—$1,120,000. 2
Denomination—Coupon and registered, $1,000.
Trustee—First Savings & Trust Co., Milwau-
kee, Wis. 2
Redeemable on any interest date at 110 and
interest.
Organization—Incorporated in Wisconsin 1900
as a consolidation of the Fox River Valley Elec.
Co. and the Appleton Elec. Lt. & Power Co.
Secured by a mortgage on 20 miles of street
’ and interurban railway, including four miles of
street railway in Appleton, seven miles from
Appleton to Neenah and nine miles from Apple-
ton to Kaukauna, Wis., on plants supplying
electricity and gas to Appleton, Neenah and
Menasha. Population served, 40,000.
Prior Liens—$365,000 bonds of constituent
companies.
Net Earnings, 12/31/13... $145,571
Interest.......... binRGiiiatls oa ai 74,400
Market.
Chicago—Yard, Otis & Taylor, McCoy & Co,
Milwaukee—First Savings & Trust ‘Co.,
John E. De Wolf Co., Edgar, Ricker & Co., Wis-
consin Trust Co.
‘New York—Tobey & Kirk.
WOBURN (MASS.) LIGHT, HEAT & POWER
CO. 1st 6s. Due April 1, 1918.
Dated April 1, 1898. Interest payable. April
“and Oct. 1, at Trustee’s office,
Authorized—$175,00
Outstanding—$143, O00.
. Denomination—Coupon, $1, 000 (13 bonds are
, registered.)
. Trustee—Old Colony Trust Co., Boston.
_ Control—Absorbed by Edison Electric Ilu-
‘minating Co. of Boston. .
Secured.by a first mortgage on
ing electricity and steam heat to
Population served, 18,500.
Market. .
Boston—N. W. Harris & Co., ties: my 2
Chicago—Harris Trust & Savings Bank.,
New York—Harris, - Forbes & Co.
’ WORCESTER & CONNECTICUT EASTERN
lants supply-
Woburn, Mass.
we co. ist 44s. Due Jan. 1,
Dated Oct. -1 1, 1902. Interest payable Jan.
and July. 1, at Trustee’s office, New York, and
_ First National Bank, Boon:
Authorized—$3, 100,0
Outstanding—$1,992, O00 (Closed ee
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—New York Trust Co., New York.
Sinking Fund—Commencing with the year of
_ 1908, and in, each: ucceeding year, a sinking
fund not exceeding 1% of the bonds outstanding,
is provided for the redemption of these bonds on
condition the bonds can be purchased at a price
. yielding at least 334%. Three weeks’ published
notice will be given in December each year of the
proposal of purchase.
Organization and Control—The Worcester. &
Connecticut Eastern Ry. Co. was an electric
railway company, originally chartered as The
Thompson Tramway Co., under special laws of
Connecticut on April 30, 1901; and was author-
ized by the Superior Court of New Haven County,
Jan. 24, 1902, to change its name to the Worces-
ter & Connecticut Eastern Ry. Co.; and the
. last named company was authorized, by said
:. Court, May 18, 1904, to change its name to The
Consolidated Railway Co. This latter company
was merged with the New. York, New Haven &
Hartford R. R..Co., May 31, 1907, and its obli-
gations are the direct obligations of ‘the New
York, New Haven & Hartford R. R. Co. In
- 1910 this property was purchased by the Con-
' necticut Co., and’in 1914 the $40,000,000 stock
of that company, formerly owned. by the: N. Y
N. H. & H. R. R. Go. was placed in the hands
of a board of five trustees, who are to sell the
stock, if possible, before July 1, 1919.
‘Assumed by the New York, New Haven, &
Hartford R. R. Co.
Secured by a first mortgage under which all
the property and leases of the company were
covered, including a hydraulic electric power
plant on the Quinnebaug River, in the town of
‘+ Killingly, and the leases of the Worcester &
. Webster and Webster & Dudley Street Ry. Cos.,
= and all the stock and all but $50,000 of the bonds
of these companies. The lines of road extend
‘from the boundary line between the State of
Massachusetts and the State of Connecticut, in
the town of Thompson, to Moosup, in the town
of Plainfield, Conn.; also from a point on the
‘main line in the town of Killingly, Conn., to a
connection with the railway constructed by the
_ Providence & Danielson Ry. Co., and all exten-
sions of said railroad _and branches within the
towns of Thompsen, Putnam, illagly, Brook-
“lyn, Plainfield, Sterling,’ Griswold and Preston
in Connecticut, being 52 miles in length. The
“Tard. lines extend north to City of Worcester,
ass.
Legal for Conn., Me. and N. H.
Listed on the New York Stock Exchange.
Original Market-——$2,050,000 offered in 1902.
by Thompsen, Tenny & Crawford, New York
‘and ‘ Boston.
Market.
New Haven—Kimberly,, “Root & Co. , H. Cy
Warren & Co.
Hartford—F. R. Cooley & Co.
New York—J. H. Becker & Co.
. WORCESTER & HOLDEN STREET RAILWAY
O. Ist 5s. Due, Oct.*1, .1923.—N.
Dated Oct. 1, 1903. Interest payable April
~ and Oct. 1, at Trustee’s office. °
* ° Authorized and Outstanding” $150, 000.
Denomination—Coupon, $1,000
Trustee—Worcester Trust Co.,
Mass. |
pedeemable at 105 and interest on any interest
dat
Assumed by the Worcester Consolidated St.
y. Co.
Organization and Control—Incorporated' 1900.
‘Merged into the Worcester Consolidated St. Ry.
Yin 1911. The latter is controlled through stock
ownership by the Worcester Rys. & Investment
Co., which is a subsidiary of the New England
Investment & Security Co.
_ Secured by a first mortgage on the 814 miles
of track extending from, City Hall, Worcester,
‘to. Holden and Jefferson, Mass. Partially on
private right of way. Franchises are perpetual.
Net Barainge (W. C. St. Ry.),
6/30/14
Fixed charges..
Dividends. . 04. .j03 s 4 cede eee
Legal for Mass.
Original Market—First offered by Perry,
Coffin & Burr, Boston.
WORCESTER. & SOUTHBRIDGE . STREET
RAILWAY 4s. Due Sept.'1, 1922.—N.
Dated Sept. 1, 1902. Interest payable March
and Sept. 1, at’ international Trust Co., Boston.
‘Authorized—$50 0 (Bonds may be issued
to total of $1,000, 000; maturities will, however,
be later).
(also $200,000 due
Outstanding—$500,000
1925.)
Denomination—Coupon, $1,000. Registerable
as to principal.
Trustee—International Trust Co., Boston.
Organization and Control—Incorporated 1905
as a consolidation of several lines, Worcester,
Southbridge, etc. Leases’ (since 1907) the
Worcester & Webster. Street Ry. Purchased
1910 the property of the Hartford & Worcester
Street Ry. Merged into Webster Consolidated
. St. Ry. in 1911. The latter is controlled by the
New England Investment & Security Co.
Secured jointly with $200,000 41% due 1925
on about 30 miles of electric railway track from
Worcester_to Southbridge, Mass. Population
served, Worcester (1910), 145,986, remaining
territory, 20,000. §
Underlies—Indirectly 8, 322, 000 Worcester
Consolidated Rys. 4 48, and
Net Parnes: (W. C. St. Ry)
6/30/14 ‘ $898,532
Fixed charges.............0-0005 562,945
Legal for Mass,
Original Market—First offered by Winslow &
“Co., Wi orcester, at 104 and interest, in Dec., 1902.
Market. |
New York—Harris, Forbes & C
Boston —N. W. Harris & Co., Merrill, Oldham
Worcester,
& Co.
Chicago—Harri (‘Trust & Savings Bank.
WORCESTER: “& ‘SOUTHBRIDGE Srngpr
RAILWAY 4}4s.’ Due June 1, 1925.—]
“926
Dated June 1, 1905. Interest payable June
and Dec. 1, at International Trust Co., Boston.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000. Registerable
as to principal.
Prescot Sarete rc Trust Co., Boston.
ecured by a first mortgage jointly with 44s
of 1922, which see above. Se ae re
Legal for Mass.
Underlies—$3,322,000 Worcester Consolidated
Street Ry. 5s and 4 Ys.
WORCESTER CONSOLIDATED STREET
RAILWAY Deb. 414s. Due March 1, 1920.
—N.
Dated March 1, 1900. Interest
March and Sept. 1, at Fourth National:
New York.
Authorized—$840,000.
Outstanding—$700,000.
Denomination—Coupon, $1,000.
Organization and Control—Incorporated 1869,
and absorbed ten important trolley lines (in-
eluding the Worcester & Southbridge Street Ry.)
and has leased three others. Controlled by the
Worcester Railways & Investment Co. through
ownership of $5,111,000 of the $5,112,000 stock.
Worcester Ry. & Inv. Co. in turn controlled by
the New England Investment & Security Co.
Company operates 285 miles of track, consisting
of practically the entire street railway system of
. Worcester and interurban lines extending from
Worcester to Fitchburg, Berlin, Northboro,
Marlboro, Millbury, Uxbridge, Spencer, Webster,
Southbridge, etc. Population served 325,000.
Secured equally with $1,200,000 debentures
and $1,422,000 1st & Refg. 5s by a mortgage on
206 miles of street and interurban railway in
Worcester, Mass., and vicinity.
Prior Liens—$1,445,000 bonds of merged
companies.
Legal for Mass.
Net Earnings, 6/30/14 $898,532
Charges 562,945
Market.
Boston—Adams & Co., Estabrook & Co.
New York—Kirkpatrick & Lewis.
WORCESTER CONSOLIDATED STREET
RAILWAY Deb. 5s. Due Nov. 1, 1927.—N.
Dated Nov. 1, 1907. Interest payable May
and Nov. 1, at Old Colony Trust Co., Boston.
Outstanding—$1,200,000.
Denomination—Coupon, $1,000.
ayable
Bank,
Organization—Security and earnings, see
Deb. 44s above.
Legal for Mass.
Market.
Boston—Merrill, Oldham & Co., Geo. A.
Fernald & Co., Estabrook & Co. 7
New York—Estabrook & Co., Curtis & Sanger,
L. Sherman Adams, Harris, Forbes & Co.
WORCESTER CONSOLIDATED STREET
RAILWAY ist & Ref. 444s. Due Ang. 1,
1930.—F.
Dated Aug. 1, 1910. Interest payable Feb.
and Aug. 1, at Old Colony Trust Co., Boston.
Authorized—$5,000,000.
Outstanding—$1,422,000.
Denomination—Coupon $1,000.
Trustee—Old Colony Trust Co., Boston.
Redeemable—Any interest date at 110, interest.
Legal for Mass. 7 : 7
Organization, Control, Security, Prior Liens
and Earnings. See Deb. 414s above.
Market.
Boston—Adams & Co. ;
ay York—Estabrook & Co., Harris, Forbes
0.
WORCESTER, NASHUA & ROCHESTER
RAILROAD CO. Ist 4s. Due (a) Jan. 1,
1935; (b) Jan. 1, 1930; (c) Oct. 1, 1934.—N.
_ Interest payable (
927
See Map 12.
Dated: (a) $150,000, Jan. 1, 1906; (b) $735,-
000, Jan. 1, 1890; (c) $380,000, Oct. 1, 1894.
2 and (b), Jan. and July 1;
(ec), April and Oct. 1; all at American Trust Co.,
Boston. : ee ‘ : ,
Authorized—$1,789,800.
Outstanding—$1,265,000.
Retired—$511,000.
Trustees—Charles W. Smith, Stephen Salis-
bury, Jr., and Edward L. Davis.
Control—Absorbed by the Boston & Maine
R. R. Co., 1911.
Assumed by the Boston & Maine R. R. Co.
Secured by a first mortgage on (3) 46 miles
of road from Worcester, Mass., to Nashua, N. H.,
at the rate of $27,400 per mile.
Legal for Cal., Conn., Me., Mass., Mich.,
Minn., N. H., N. J. and Wis.
Market.
Boston—Parkinson & Burr, R. L. Day & Co.,
u New York—Blodget' & Co., Kirkpatrick &
ewis.
WRIGHTSVILLE & TENNILLE RAILROAD
CO. Ist 5s. Due Jan. 1, 1958.—N.
See Map 16.
Dated Oct. 1, 1907. Interest payable Jan.
and July 1, at Company’s office, Tennille, Ga.
Authorized—$250,000.
Outstanding—$200,000.
In Treasury—$50,000.
Denomination—Coupon, $1,000. Registerable
as to principal. Registered, $1,000. C. & R
interchangeable.
Trustee—The Citizens & Southern Bank,
Savannah, Ga.
Redeemable at 10214 and interest on any
interest date after Oct. 1, 1912, upon four weeks’
notice.
Sinking Fund—$5,000 per annum, from 1912.
Organization and Control—Incorporated in
Georgia in 1883 and is controlled through owner-
ship of all the $70,000 Preferred and $278,600 of
the $530,000 common stock by the Central of
Georgia Ry. Co., all of whose stock is owned by
the Illinois Central R. R. Co. °
Secured by a first mortgage at the rate of
$1,900 per mile on (11) 104 miles of road from
Tennille to Hawkinsville, Ga., and Dublin to
Eastman, Ga. ‘ +
Legal for Fla., Mich., Minn., N. H., N. J.,
R IL. and Wi
Net Earnings, 6/30/14 $85,305
TMtePest 5.55 a0 curs Ped eed eae ee 5
Original Market—$100,000 offered in 1911 by
Jas. H. Oliphant & Co., New York, and by
Potter, Choate & Prentice, New York, at a price
to yield 4.90%.
1s.
WYANDOTTE & DETROIT RIVER RAILWAY
1st Cons. 5s. Due Dec. 1, 1918.—F.
Dated 1898. Interest payable June and Dec.
1. at Union Trust Co., Detroit, Mich.
Authorized and Outstanding—$425,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : ;
Trustee—Union Trust Co., Detroit, Mich.
Assumed by the Detroit United Ry. Co. :
Control—Absorbed by Detroit United Ry. Co.
The city is now negotiating with the company
for the purchase of its lines within the city, pay-
ment to be made by assuming a large part of the
mortgage debt of the Detroit United Ry: Co.,
including this issue. :
Secured by a first mortgage on 11 miles of
electric railway track. . 5 “
Underlies—$14,555,000 Detroit United Ry.
Co. 1st Cons. 444s and $2,000,000 6% notes
due 1916.
Net Earnings, 12/31/14........ $3,811,072
Interest and taxes............. 2,166,072
Market.
Detroit—First & Old Detroit National Bank,
W. A. Hamlin & Co.
WYOMING VALLEY COAL CO. Cons. (now 1st)
6s. Due July 1, 1917.—F.
Dated June 30, 1887. Interest payable Jan.
and July 1, at Trustee’s office, Philadelphia, or
J. P. Morgan & Co., New York.
Authorized and Outstanding—$200,000.
Denomination—Coupon, $1,000.
Trustee—Fidelity Trust Co., Philadelphia.
Sinking Fund—Five cents per ton of coal
anit pa payable quarterly, to be applied first
to the payment of interest, and, secondly, to be
invested to secure these bonds.
Control—The Wyoming Valley Coal Co. is
controlled through ownership. of entire capital
stock by the Lehigh Valley Coal Co., all of whose
eapital stock is owned by the Lehigh Valley R. R.
Secured by mortgage on coal lands, coal leases
and mining rights in Luzerne County, Pa.
Listed on the Philadelphia Stock Exchange.
Market.
ge ee Fearon & Co., Cassatt
0.
is cpg
WEST ST. LOUIS WATER & LIGHT CO. Ist
5s. Due Aug. 1, 1928.—F.
Dated Aug. 1, 1908. Interest payable Feb.
1 and Aug. 1, at Trustee’s office and Guaranty
Trust Co., New York.
Authorized—$1,200,000. (This amount may
be increased to $2,000,000 by vote of stockhold-
ers, but under Missouri laws, the authorized
amount of bonds may not exceed the amount of
stock outstanding.
Outstanding—$1,174,500.
. Retired by Sinking Fund—$24,500.
Denomination—Coupon, $100 and $1,000.
Registerable as to principal only.
Trustee—Mississippi Valley Trust Co., St.
Louis, Mo. aot aie
Redeemable at 105 and interest.
Sinking Fund—Beginning Nov. 1, 1918, and
annually thereafter one-fifth of all surplus earn-
ings after operating expenses, taxes, deprecia-
tion and interest, to be applied to the purchase
of these bonds at not exceeding 105% and in-
terest. If not so purchasable, bonds shall be
drawn by lot. ‘ ‘
Organization—Incorporated in Missouri in
02.
Secured by a first mortgage on plant supply-
ing water in St. Louis County, Mo. ‘he fran-
chise is perpetual. Population served, about
,000.
Net Earnings, 4/30/14........... $116,840
Legal for Illinois Trust Funds. 7
Original Market—$200,000 offered in April,
1915, by Shapker, Anderson & Co.,, Chicago, at
93 and interest. :
WESTERN STATES GAS & ELECTRIC CO.
6% Notes. Due Oct. 1, 1917.—N. |
Dated Oct. 1, 1914. Interest payable April
1 and Oct. 1, in New York and Chicago.
Authorized—$1,500,000.
Outstanding—$588,500.
Denomination—Coupon, $100,$500 and $1,000.
_ Trustee—Guaranty Trust Co., New York
Redeemable at 101 and interest on or before
ore 1, 1916, and at 10014 and interest there-
after.
Organization, Earnings, etc.—See 1st & Ref.
5s above.
Security—A direct obligation of the company,
but not secured by a mortgage.
Original Market—Offered in Jan., 1915, ‘at
9734 and interest by H. M. Byllesby & Co., New
York and Chicago. g
928
XENIA WATER CO. Ist 5s. Due 1919.—N.
Interest payable Feb. and Aug. 1, at Inter-
national Trust Co., Boston, Mass.
Authorized—$200,000.
Outstanding—$160,000,
Denomination—Coupon, $1,000.
Trustee—International Trust Co., Boston,
Mass.
YADKIN RIVER POWER CO. ist 5s. Due
April 1, 1941..
Dated April 1, “1911. Interest payable April
and Oct. 1, at Old Colony: Trust. Co., Boston.
Authorized $16,000, 000...
Outstanding—$3,750,000. :
geoghomination—Coupon, $1,000.
Trastee—Old Colony Trust Co., Boston, Mass.
Redeemable on any interest date at 105 and
interest.
Improvement Fund begins Aug 1, 1916; Uu%
of bonds outstanding 1916 to 1920; 1% Yo2i ¢ to
1925; 134% 1926 to 1930, and 2% 1931 to 1940.
Organization—Incorporated Mareh, 1911, in
North Carolina, succeeding the Rockingham
Power Co. sold under foreclosure. Controlled
by the Carolina Power & Light Co. through stock
ownership.
’ Secured by a first mortgage,on hydro-electric
plant of 32,000 h.p. on the Yadkin River, near
Rockingham, N. C., and 184 miles of high ten-
sion transmission lines built on private right of
way, and connecting with the lines of Carolina
Power & Light Co., to which it furnishes power.
Does the entire electric light and power business
of Rockingham, Hamlet, Wadesboro and Lisles-
ville, N. C., and Cheraw, S. C., and sells power
for manufacturing purposes to Lumberton, N. C.
Franchises extend to 1971 or beyond. .
Net. Earnings, 1/31/14. .. $184,564
TOUOT OSs, otcew va ee 183,980
E. & C.
Market. .
New York—F. H. Hatch & Ca.,
Randolph, Berdell Bros,, Hotchkin & Co., Kirk-
patrick & Lewis, Gude, Winmill & Co.
Boston—Kimball, McKinney & Co.
YALE & TOWNE MANUFACTURING CO. Ist
5s. Due Jan. 1, 1920.—.
Interest payable Jan. and July 1, at Chemical
National Bank, New York.
Authorized and Outstanding—$1,000,000.
Denomination—Coupon, $500 and $1,000.
Trustee—Bankers’ Trust Co., New York.
Organization—Incorporated 1868 in Con-
necticut. | +
Secured by a first mortgage on company’s
plant at Stamford, Conn., together with all real
estate.. The company manufactures the ‘‘Yale”
locks, builders’ hardware, padlocks, bank locks,
chain . hoists, ,etec.. Under normal conditions
3,000 men are employed.
Net Earnings, 12/81/14.......... : $663,898 -
ENCOTEBE 5 sysig:ch 5 siptsian ie, hee 91,599
, Market.
New. York—Wm. A. C. Ewen, F. H. Hatch &
Co., J. K. Rice, Jr., & Co., Hendrickson & Co.,
Wood, Struthers &'Co., Leonard Snider & Co.,
Kirkpatrick & Lewis, ‘Gude, Winmill & €o.,
Denny, Pomroy & Co.
YOLO WATER & POWER co. 1st Mtge. S. F.
Registered,
5s. Due Jan. 1, 1952.
Dated dan, 1, 1912. Interest payable Jan.
and July.
ang uthorized—$10, 000,000.
-Outstanding—$2, 500, 000.
Denomination—Coupon, $1, 000.
as to principal.
Registerable
929
=
Qreanization—Incorporated in Ohio, 1887. -
Secured by a first mortgage on plant supply-
ing water to Xenia, Ohio, Population served,
9,000. Franchise expires April 16, 1917.
Market.
Boston—F. W. Mason & Co., Geo, A. Fernald
ye
& Co.
New York—A. E. Fitkin & Co.
Trustee—Oakland Bank of Savings, Oakland,
al.
1918 224" 154%, 1928-27; 254 19B8EN, to re
i lo — to re-
tire bonds at not ‘over 105 and interest.
Organization—Incorporated in California to
develop two power sites for electric lighting, etc.,
ee for irrigation rights to use the water exclu-
sively,
Secured by (1) the exclusive right to the waters
of Clear Lake and its only outlet, Cache Creek,
on which are located two power sites; (2 on
about 6,000 acres of land bordering on Clear
Lake and Cache Creek; (3) ‘$225,000 qapniire
issue) of 1st puerueye bonds and $1,000,000
(entire issue) of capita etocks of the Yolo Pane
Consolidated Water Co.;. $50,000 stock
(entire issue) of the Capay Ditch Co.; (5) all
works. and extension carried out and properties
acquired out of proceeds of the bond issue. By
ownership of the Abo the company controls the
irrigation system of Yolo County, embracing
about 95 miles of main canals and 200 miles of
laterals,
Original Market—Offered by White & Co.,
New York. -_
arket.
New York—A. D. eee & Co.
ee ‘RAILROAD Ist 5s. Due ‘April 1,
‘Dated “April 1, 1896. Interest payable April
and Oct. 1, at Equitable Trust Co., New York.
Authorized and Outstanding— $1, aie pt .
Trustee—Bankers Trust Co., New Y
Guaranteed principal and interest, by Union
Ry. Co. of New York.
Controlled by the Third Avenue Ry. (N. Y.)
through stock ownership.
Secured by a first mortgage on 26 miles of
street railway in the ely of Yonkers.
Net Earnings, 6/30/14 $84,186
Interest 101,288
New York—Bigelow & Co.,'Wm. A.C. Ewen,
Tobey & Kirk, Paterson & Co., Strong, Sturgis &
Co., Foster & “Adams, J.K. Rice, Jr., & Co.
YORK HAVEN WATER & Ewen co. 2d
6s. Due May 1, 1924.—
Tax exempt in Pennsylvania. |
Dated May 1, 1904. Interest payable May
and Nov. 1, at Land Title & Trust Co., Phila-
delphia.
Authorized and Outstanding —$1,992,000.
Held in Treasury—r8,000.
Denomination —Coupon, $1,00
Gee Title & Trust “Co., Philadel-
ia.
Redeemable at 105 and interest.
Sinking Fund—10% of net earnings, payable
annually since May 1, 1909.
Secured by second mortgage on property
deserDed under 1st 5s, which’ see below for
etails.
Underlies—$1,370,000 Consol. 5s due 1957,
sufficient of which .are reserved to retire this
issue at maturity. ~
Prior Liens—$1,500,000 1st 6s.
Net Earnings, 12/31/13...
Interest and taxes 214,869
FP IRIS! ISSUG je: 5is\a:scoseys-sis sie e 4% son C898 124,869
es Market. | .
Pe eas C. Spiller & Co., F. W. Mason
Oo. eo
New York—E. & C. Randolph.
Philadelphia—S. K. Phillips.
YORK HAVEN WATER & POWER CO. Ist
5s. Due June 1, 1951.—
Tax exempt in Pennsylvania.
Dated June 1, 1901. Interest payable June:
and Dee. 1, ‘at Land Title & Trust Co., Phila-
delphia.
Authorized and Outstanding—$1,500,000. °
Denomination—Coupon, $500 and $i, 000.
Trustee—Land Title & Trust Co., New York.
Organization—Incorporated 1900 in Pennsyl-
vania.
Secured by a first mortgage on hydro-electric
plant of 20,000 h. Bi capacity at York Haven on
the ‘Susquehanna iver, 800 acres of land, and
all other pore. of’ company. Population
served by plant 300,000. Franchise perpetual. -
Underlies—$1,000,000 2d 6s due 1924 and
$1,370,000 Cons. 5s ‘due 1957. Sufficient bonds
of the latter issue are reserved to take up the two
underlying liens at maturity.
Net Earnings, 12/31/13.... . $226,378
Interest * 208,220
This issue 74,720
Mark
Boston—Burgess, Lang & Co., H. C. ane
& Co., Hotchkin & Co., F. W.'Mason & Co.
New York—Chandler Bros. & Co. » A. BE.
kin & Co., F. H. Hatch & Co., J. K. Rice, Jr.
Coffin & Co., R. F. Westerfield, Hotehicn
& Co. Randolph
Phileisishig Se . Phillips, Chandler & Co.,
Oscar R. Dare, Barclay, Moore & Co., Mellor &
Petry, Borden & Knoblauch, Reed & Huntoon.
YORK HAVEN WATER & POWER CO. Cons.
5s. Due May 1, 1957.—F
Dated May 1, 1907. Interest payable May
and. Nov. 1, at Land Title & Trust Co., Phila-
delphia. r
Authorized—$4,000,000.
Outstanding—$1, 374, 000.
Held in Treasury—$76, 000.
Denomination—Coupon, $1,000.
Trustee—Land Title & Trust Co., Philadel-
phia.
Redeemable on or after May 1, 1927, at 105
and interest.
Sinking Fund—10% of net earnings per annum
beginning in 1927.
. Secured by third mortgage on property de-
scribed under 1st 5s, which see above for details.
Prior Liens—$2,500,000 5s and 6s for the re-
tirement of which $2, 850, 000 of these bonds are
reserved. é
Earnings—See ‘Ast 5s.
Market.
New York—Gude, Winmill & Co.
Boston—H. C. Spiller & Co.
Philadelphia—sS. K. . Phillips.
YORK LIGHT & HEAT CO.
5s. Due April 1, 1927.—F.
Dated apni 41; 1967. Interest payable April
and Oct. 1, at Union Safe Deposit & Trust Co.,
Portland, Me.
Authorized——$500,000. =
Outstanding—$390,500.
Denomination—Coupon, $500 and $1,000.
Trustee—Union Safe Deposit & Trust Co.,
Portland, Me.
Sinking Fund—2% of gross income per annum,
Organization—Incorporated 1891 in Maine.
Secured by a second mortgage on the plants
Ist Cons. Ref.
$226,378
» Outstanding—$450,000. -
930
, supplying gas, electricity and steam heat in
Biddeford, Saco and Old Orchard Beach, Me.
Population served, 50,000, -
Prior Liens —$128, 500° ist 4M%s due 1920.
Earnings—Dividends' of 6% :on $81,700 pre-
ferred stock and 4% on $384, 300. common stock
are being paid annually. - —
Market. _
‘Portland, Me.—Maynard 8. Bird’ & Co.
Boston—C. E. Denison & Co.
YORK (PA.) MANUFACTURING CO. Ist 6s
(Series ‘‘A” to ‘*L” inclusive). Due
a0 ,000 annually to Nov. 1, 1928, inclusive.
Tax free in Pennsylvania, :
Dated May 1, 1911. Interest ‘aa aie May
and Nov. 1, at Henry & West, Philadelphia, Pa.
Authorized—$750, 000.
Retired—$150,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Girard Trust Co., Philadelphia.
4 Redeemable at 102}4 and interest: any interest
ate.
Organization—Incorporated 1875.
Secured by a first mortgage on plant of the
company, including 43 buildings on 10 acres of
ground, at York, Pa., ‘where the company is
engaged in the manufacture of ‘refrigerating and
ice manufacturing plants.
Original Market—$500,000 ‘offered June, 1911,
at 100 and interest by. Henry & West, Philadel-
phia, Pa.
Market.
Philadelphia—Henry & West.
Repisterabie
YORK a LEST VEEs CO. 1st 5s. Due Dec.
1, 1937.
Tax exempt in Pennsylvania.
Dated Dec. 2, 1907. Interest payable ‘Tade
1 and Dee. 1, at office of Company, York, Pa.,
or at Brown Bros. & Co., Philadelphia. :
Authorized—$10,000,000.
Outstanding—$3,872,000.
Deposited as Coliateral— ae 000.
Held in Treasury —$116,000.
Denomination—Coupon, $1,000.
as to principal.
‘Trustee—Guarantee Trust & Safe Deposit Co.,
Philadelphia.
Redeemable at 110 and interest on four weeks’
notice.
Organization—Incorporated 1907 in Penn-
sylvania. A consolidation of seven companies
operating in York, Dallastown, Hanover, Red
Lion, etc. Controls other companies. Electric
lighting, power and heating subsidiaries taken
over by a syndicate in 1913.
Secured by a first mortgage on 84 miles of
street and interurban railway centering. at York
and extending in various directions to Hanover,
York Haven, Dover, Wrightsville, Dallastown,
etc. Secured also by deposit of the stocks of
the Edison Electric Light Co. of York, Pa., York
Steam Heating Co. and York Suburban’ Land
Registerable
Co. The two former companies supply elec-
tricity and steam heat in York. Franchisés are
perpetual.
nderlies—$500,000 6% Notes due 1915.
Net Earnings, 11/30/14 $348,748
Charges 223,338
Listed on the Philadelphia Stock Exchange.
Original Market—$3,400,000 offered in June,
1908, at par and interest by Brown Bros. & Co.,
Philadelphia.
Market.
Philadelphia—Brown Bros. & Co., S. K. Phil-
lips, Roht. Glendinning & Co., Henry & West,
M: M. Freeman & Co., Barclay, Moore & Co.
Mellor & Petry, C. D. Barney & Co.
YOSEMITE LUMBER Co. Ast Mtge. Serial 6%
Bonds. Due $138,000 senti-annually Apr.
Vy 1916 to Apr. 1, 1928. ‘
Dated’ April 1, 1913. Interest payablé Apr.
and Oct. 1, at ‘Trustee’s office; and at Guaranty
Trust Co., N. Y.
Authorized—$4,500,000.
Outstanding—$3,450,000.
Denomination—Coupon, $1,000. Registerable
as to principal. : :
Trustee—Merchants’ Loan & Trust Co.,
Sreeke Michigan Trust Co., Grand Rapids,
ich. :
‘ peseemnble at 101 and interest on any interest
ate. a
Sinking Fund—The Company agrees‘to deposit
with the Trustee in advance of cutting, $3.50 per
1,000 feet, log scale, for all timber on each 40
acres or more. This will retire all bonds when
60% of the timber has been cut. ‘
Secured by a first mortgage on over 26,000
acres of pine timber land, owned in fee simple,
situated in Mariposa and Tuolumne Counties,
Cal., and on approximately 1,622,345,000 feet
of merchantable standing timber conservatively
valued at $7,505,812, and on mill properties
and logging -equipment increasing the total
value of the property to $8,005,812. ;
Original Market—Offered ‘ March, 1914, by
Clark L. Poole & Co., Chicago, E. W. Clark &
Co., Phila., Pa., Fisk & Robinson, New York,
Wm. R. Compton Co., St. Louis, Chicago and’
New York. ‘
Market. ,
Philadelphia—C. D. Barney & Co.
Sees aera
YOSEMITE VALLEY RAILROAD CO. Ist S. F.
5s. Due Jan. 1, 1936.
Tax exempt in California.
Dated Dec. 30, 1905. Interest
and July 1 at Mercantile Trust
cisco.
Authorized—$3,000,000.
Outstanding—$3,000,000.
Denomination—Coupon, $1,000.
as to principal.
_ Trustee—Mercantile Trust Co.,
cisco. ht , i aes
Sinking Fund—%% of outstanding bonds
annually from 1911 to 1915;.1% from 1916 to
1920; 2% from 1921 to 1930; 214% from 1931
to 1935, inclusive. This fund may be invested
in bonds of this issue or other securities approved
by the Trustees.
Secured by a first mortgage on 80 miles of
road from a connection with the Atchison,
Topeka & Santa Fe and the Southern Pacific
at Merced, Cal., via Pleasant Valley to the
Yosemite National Park.
_ Underlies—$2,000,000 2nd 5s of 1936 (all held
in treasury.) ; '
Original Market—$1,500,000 offered in Aug.,
1906, by N. W. Halsey & Co., New York, Boston,
Chicago, etc. . :
Net Earnings, 6/30/14 $118,392.
Aniterest; ete is craiesax wauudeaars 215,280
ayable Jan. 1
o., San Fran-
' Registerable
San Fran-
YOUNGSTOWN & OHIO RIVER RAILROAD
O. Ist 5s. Due April 1, 1935.—F. .
Dated April. 1,1910. Interest payable April 1
and Oct. 1, at Citizens’ Savings & Trust Co.,
Cleveland, or First National Bank, New York.
Authorized—$2,500,000.
Outstanding—$1,000,000.
Denomination—Coupon, $1,000.
as to principal.
Trustee—Citizens’
Cleveland. .
ao at 105 and interest after April 1,
Registerable
Savings & Trust Co.,
: Organization—Incorporated in Ohio in 1905
and operates a steam road for freight service and
an electric trolley road for freight service. In
931
1906 leased the Salem R. R. of 7 miles for 99
years at a rental of $6,000 per annum.
Secured by first mortgage upon 29-miles of
first and 3 miles of second track extending from
and through the City of Salem to. East Liverpool,
together with power statidn in West Point and
mineral rights to 240 acres of coal lands. All
track is on private right of way except .84 which
has 25-year franchise. y ? a,
Net Earnings, 6/30/14 $97,925 ©
‘ | 86,697
Interests. ims, ccestosind uy senaieyaieh ates he
ket—$1,000,000 offered in July,
Legal for Me.
Original Mar!
E. Denison & Co., Boston and
Market. “S
1910, by C
Cleveland.
Boston—C. E. Denison'& Co.
Philadelphia—Francis Ralston Welsh, C. D.
Barney & Co. we
Portland, Me.—Maynard S. Bird & Co.
Cleveland—C. E. Denison & Co., ‘Hayden,
Miller & Co. e ; :
YOUNGSTOWN & SOUTHERN RAILWAY
‘Ist 5s. Due Oct.:1, 1923. :
Dated Oct. 1, 1903. Interest payable April
and Oct. 1, at New York Trust Co., New York.
Authorized—$1,500,000.
Outstanding—$948,000.
Retired by Sinking Fund—$230,000.
Denomination—Coupon and registered, $1,000.
Trustee—New York Trust Co., New York.
Sinking Fund—5 % per annum of bonds out-
standing to purchase bonds.
Organization—Incorporated in Ohio in 1903
and is a consolidation of a company of the same
name and the Youngstown & Salem R Co.
The company was placed in the hands of a re-
ceiver in 1915.
Secured by a first mortgage on 20 miles of
railroad from Youngstown to Columbiana, Ohio.
. ‘The road is projected to East Liverpool, Ohio,
with a branch to Salem, total of 61 miles. The
line is operated by electricity. Population
served, Youngstown, 80,000; remaining terri-
tory, 5,000.
arket.
Mi
Boston—Geo. L. Ware, F. W. Mason & Co.,
Walter S. Place, L. Sherman Adams. -
New York—Coffin & Co., F. H. Hatch & Co.
YOUNGSTO WN-SHARON RAILWAY &
LIGHT CO. 1st 5s. Due Jan. 1, 1931.—F.
Dated Dec. 31, 1900. Interest payable Jan.
and July 1, at New York Trust Co., New York.
Authorized —$2, 500,000.
Outstanding—$2,131,000.
Held Alive in Sinking Fund—$309,000.
Denomination—Coupon, $1,000.
Trustee—New York Trust Co., New York.
Redeemable on any interest date at 115 and
interest upon two weeks’ notice. :
Sinking Fund—1%. of bonds outstanding an-
nually from 1906 to 1916, and 144% thereafter
te. be invested in these bonds at a price to yield
not less than 344%. Bonds acquired by sink-
ing fund to be kept alive.
Controlled—Absorbed by the Youngstown &
Sharon St. Ry., which is controlled through stock
ownership by Mahoning & Shenango Ry. & Lt.
Co.; which ‘ig controlled by Republic Ry. & Lt.
Co. through stock ownership. ._- As
Secured by a first mortgage by deposit of
securities on 45 miles of electric railway, including
local lines in Sharon and Sharpsville, Pa., and
lines between Sharon, Pa., and New Castle, Pa.,
and Youngstown, Ohio; also on plants supplying
electricity to some of the above cities. The
securities deposited include all of the stocks and
bonds of subsidiary companies. Population
served, Youngstown, 80,000; remaining terri-
tory, 68,000. Practically all franchises in' Penn.
are perpetual. Railway franchises in Youngs-
town, O., expire 1935, lighting franchises 1925 to
ieee and interurban franchises from 1945 to
Underlies—$500,000 2nd Inc. of 1927 (all_of
which are owned by the M. & S, Ry. & Lt. Co.
and epenited under its ist Cons. 5s), and $4,-
‘510,000 Mahoning & Shenango Ry. & Lt. 1st
lg 5s, which latter issue provides to retire
bonds of subsidiary companies deposited under
this issue. Pm
arket.
Philadelphia—S. Pa “Phillips, Oscar R. Dare,
Frazier & Co., Robt. Glendinning & Co., Mont-
gomery, Clothier & Tyler, Graham & Co.
Boston——C. E. Denison & Co.
New York—McGeorge & Vanderhoef, Bige-
low & Co., H. P. Taylor & Co., Edmund Sey-
mour & RoE F. H. Hatch & Co., Moore, Leonard
& Lewis, J. H. Becker & Co., Leonard Snider &
Co., John .D. Todas & Co., Kirkpatrick & Lewis,
H. I. Nicholas & Co., Gude, Winmill & Co.,
C. H.‘ Hensel, R. B. Hathaway & Co., Dewing
& Co., Geo. H. Burr & Co.
Pittsburgh—H. P. Taylor. & Co., Gordon &
Co., Ballard & McConnell, Safe Deposit & Trust
Co., Moore, aati & Lewis.
Buffalo—H. P . Taylor & Co.
YOUNGSTOWN (0O.) IRON & STEEL CO. Ist
6s. Due $50,000 each Jan. 1 from 1917 to
1920, $60, 000 1921 to. 1925 and $75,000
1926" to 1929.
Dated Jan. 1, 1915. Interest payable Jan.
1 and July 1, at Trustee’s office.’
‘Authorized and Outstanding —$800,000.
Denomination—Coupon, $1,000. Registerable
as to principal only.
ZANESVILLE ELECTRIC RAILWAY Ist 4s.
Due Feb. 1, 1919.—N.
Dated Feb. 1, 1899. Interest payable Feb.
ue Aug. 1, at International Trust Co., Boston,
ass.
Authorized—$300,000.
Outstanding—$250,000.
Denomination—Coupon and Registered, $1, 000.
Trustee—International . Trust Co., ‘Boston,
Redeemable at par at any time.
Control—Absorbed by Columbus, Newark &
Zanesville El. Ry., which is leased to and owned
by the Ohio Electric Ry. Co.
Secured by a first mortgage on 13 miles. of
street railway in Zanesville, Ohio. Population,
1910, 28,026. Franchises expire between 1925
and 1928.
Underlies—$750, 000 Zanesville “Ry., Lt. &
Power Co. 5s, due 1924, sufficient bonds of which
are reserved to retire this issue at maturity. Also
underlies $1,207,000 Col., Newark & Zanes-
ville Gen. 5s, due 1926.
Market.
Philadelphia—R. M. Stinson & Co., S.. K
Phillips.
ZANESVILLE GAS. & ELECTRIC CO. Ist 6s.
Due Sept. 3, 1932.
Dated Sept. 3, 1912.
and Sept. 3.
Authorized—$400,000.
Outstanding—$200,000.
Denomination—Coupon, $100, $500 and $1,000.
ee Guarantee & Trust Co., New
or
Redeemable. at 105 and interest.
Sinking Fund—10% of net earnings annually,
Secured by a first mortgage on-plant supplying
natural gas and electricity in Zanesville, Ohio.
Franchise perpetual,
Interest payable March
‘ Eruatoe:: Hiren Trust & Savings Bank, Cleve-
an
Redeemable on any interest. ‘date in the Te-
verse order of maturity and serial number.
Organization—Incorporated in Ohio in 1894.,
Secured by a first mortgage on Plant. at
Youngstown, Ohio, including 23 acres of ground,
and on new plant at Lowellville, Ohio, com-
pleted in 1915, and including 19 acres of ground.
The company ‘manufactures sheet iron and sheet
steel, and also pressed steel specialties.
‘Net Earnings—Average for six years 1909-
1914, $125,700 per annum...
Original “Market—Offered. at par and interest
in February, 1915, by ne First National Bank,
Cleveland, Ohio. ee oh
YOUNGSTOWN (OHIO) TELEPHONE CO.
Ist 6s. Due Sept. 1, 1919.
Interest payable March and ‘Sept. 1, at Dollar
Savings & Trust Co., Youngstown, Ohio, or Dime
Savings & Banking Co., Cleveland, peta:
Authorized and Outstanding—$200,000. -
Denomination—Coupon, $1,000.
Trustee—Dollar Savings & Trust Co.,. Youngs-
town, Ohio.
Organization and Control—Incorporated 1896
in Ohio. Absorbed by Obio State Telephone Co.
Secured by a first mortgage on local telephone
lines operating i in Youngstown, Ohio. Franchises
perpetual. Population served, 80,000. .
Underlies—$5,000,000 Gen. 3s-5s of Ohio
State Tel. Co. | me
Market.
Cleveland—Roland Te Meacham, Otis & Co-
t wa
ot
Original Market—$200,000 offered in ' Nov.,
1912, at par and interest by the New York Bond
& Finance Co., New York.
ZANESVILLE RAILWAY, LIGHT & POWER
ist Cons. 5s. Due March 1, 1924.—F.
Dated Oct. 15, 1902.’ - (Originally due Oct. 15,
1912, but extended. .)' Interest payable April and.
Oct. 15, at Equitable Trust Co., New’ York, or
Central Trust & Safe Deposit Co., Cincinnati,
110.
Authorized—$1,000,000.
Outstanding—$750,000.
Denomination—Coupon, $500: and $1,000.
Trastes “Central Trust. ‘& Safe Deposit Co.,
Cincinnati, Ohic
Contrel--Absorbed’ by’ ‘Columbus, Newark &
Zanesville El. Ry., which is leased to. and owned
by_the Ohio alee Ry. Co.
Secured by a fi mortgnes on plant supplying
electricity, to Zanesville, Ohio, and ‘a second
mortgage on 13 miles of street railway in that
city. -Street railway franchise expires between
1925 and 1928.
BEE Liens —§250, 000 Zanesville Electric Ry.
Underlies—$1, 207, 000 Columbus, : Newark &
Zanesville Ry. Gen.” 5s, due 1926.
Original Market—First offered by Rudolph
Kleybolte & Co., Cincinnati, Ohio, ‘at 101 and
interest in October, 1902; $750,000 offered at
par and interest in Oct., .1912,. by Drexel. & Co.,
Philadelphia. fr 4
Market.
Cincinnati—Rudolph Rieybolte & Co.,
Portland, Me.—Maynard S. Bird & Co.
Philadelphia—Drexel & Co., Ervin & Co.,
S.-K. Phillips, Oscar R. Dare,.R. M. Stinson &
Co.
New York—Kirkpatrick & Lewis.
932
BONDS LISTED ON NEW YORK STOCK EXCHANGE
Under Income will be found the Annual Return of the Investment Irrespective of Maturity.
_ Under Yield is Given the Approximate Annual Return if Held Till Maturity. 5g oases
For Bonds having one year or less to run the Income and Yield are not Siven:
All Statements herein are obtained from official or from other sources, which we regard as reliable,
ee
“ere OF BOND AND RATE. Ine.
Ala Cent R Ist g 6s 1918........... 5.72
Ala Gt Sthn Ist con mtg 5s Ser A 1943 5. OL
do registered................
Ala Midland Ist gtd g 5s 1928...... ALT
Alb a ene eae con40yr gtd g3 aad 4. if
Alles. val, gen gtd g 4s 1942. 001122
Allegh & West Ist gtd g 49 1998.... z 3
Ann Arbor Ist g 45 1995........... 6.67
4.26
4.32
Aicl ae & SF Ry gen g 45 1995.
oO
asin Okiah Div 1st g 4s 192
‘do reg
4.15 .
Trans Short Line 1st 50-yr 48-1958 4.55
Go FOP GSB asic 8 inside sa: 8 Sete
Atlanta-Birm 30-yr Ist g 4s 1933... , 4.88
Atlanta Knoxv & Nor R Ist g 5s 1946 4.50
Atlanta & 7 Air Line Ist mtge
30-yr 44s Ser A 1940 4.76
do
Atlantic City 1st con gtd g4s1951....
Atlan Coast L RR Co Ist g 45 1952.. 4.87
Soe7r unified mtg 4s 1959... |. “933
TO Qi. ccs ccaiaca ea gape es Ve ae .
Atlantic & Danville 1st g 4s 1948, -* 8i
2nd mitge 1948................. 4.86
Atlantic & Yadkin 1st gtd g 4s 1949° 5.27
Austin & Northwn Ist gtd g 581941 4.87
Baltimore & Ohio pr lien g 3 }4s 1925 . 4
reg eed
Belleville & Carondelet 1st 65 1923. 5.11 4.28
Belvidere Delaw con gtd g 314s 1943 ....
Big Sandy Ry Ist 48 1944........ ~. 4.76
Boliva Ry 1st mtge 5s 1927..
Boonv StL&Sist mg 40yr gtd5s 1951 6.00
Boston &N Y Air Line Ist 4s 1955... 4.02
re,
Bic icleny aed ea WS MEM A 8 eT Se
Brunswick & West Ist gtd g 48 1938. 4.30
Buffalo '‘N Y & Erie Ist 75 1916..... 82
Buffalo Roch & Pitts gen g 5s 1937... 4.69
ne ates 44s 1957............ 4.46
FOG ee ik 6 cx 6 8 baie eco ow Dena ee “Siar
Bur‘ CR &Ncontst &coll trst g5s1934 5.05
D0. TOLG aw earths as amie het Hada
iavoakee poo:
+ OP: AADAAMON
PR:
BAB:
A.
BROS: win:
* ie RPONOWOONHN WOO: OMa1
, 06
111’ Sept’’3, °
118 %Nov 22° 0
98 Aug 6, 08
102 (Apr 9,10
103 44Feb 6, 07
99 Jan 19, 06
10414Jan 29, 06
103 4%Jan 23, 06
97%Jan 28, 06
924%4Feb 9,09
97 Jan 1
“wrist M4 12
'10554June 5,11
12334Jan 23, 10
119 4%Oct 16, 09
101 4Jan 9, 06°
9614May 12; 09
97 Dee 24, 08
97 Jan ‘24, 06
116 June 6, 06
pene 26,15
102 047an 9, 06
9814Oct 2, 06
93° Apr 29, 14
96%4Apr 12, 06
92° June 14, 06
7534Dee 10, 14
110° Feb 9,06
97 June. 7, 06
95 May 81, 06
105 Jan 26, 06
103 44Jan 26, 06
97\4Jan 23,13
91 1Mar 9,14
93 4Dec 31, 08
91. Apr 6, 09
4 tag te 20, 06
ae ee 4, feat
100" Feb 28, 13
99 \4June 11, 12
99 44Mar 30, 06
122 4Feb 26, 06
119 Y4duly 16, 0
. 11044Dee 28, 03
“While not guaranteed we belles them to be correct.
104 niet 10, 14
99 34May 26, 14.
102 YAug ‘29, 13
8134Dec 3,14
83 eAaug 18, 13
93 4D. 14
94 Tank on 14
59 Mar 19,15
89 4Nov 18, 07
90, gaNow, 14, 07
TTVYNov 4, 07
86 Apr 30, 07
77 Oct 25, 07
83 Jan 14,14
80 Nov 21, 07
86 Dec 380, 07
994%May 3,13
897%%Dec 1,14
OR ue 5,11
89 14Nov 21, 07
99 144May 27, 13
a Apr 3,07
‘ May 6
Be 4sune19, 13
May 25, 10
Dec 6,10
Feb (29, 08
July 31, 12
July 9,1 14
83 YeApr 28, 15
82 July 18, 11
75 34Dec 10, 14
100° Mar 6 15
85 34Nov 26, 07
88 June 6,13
87%%Dec 4,14
87 Jan 15, 15
83 Feb, a8, 15
914%4Mar 9,14
80 Nov 28° 07
88140ct 9,06
93%Apr 24,15 |
9814Nov 21, 10
100 " Feb 28, 13
99 June 11; 12
6, 09
t Sale.
104 Mtane 28,14
99 aay: 26, 1 14
Dp
95 44Sept 11; 13
96 %4Feb 27; 14
1021%4Apr 27, 15
105 %June 5, 11
101. Apr 27, 15
99 144May 27, 13
93 Mar 26, 15
96 14May 12, 09
87 YApr 23, 15
82 Jan
111 Jan
94 WApr
83° Y4Apr
82 4Feb
75 34Dec
‘102 Apr.
914Apr 22, 15
58 sar oT 16
9 pr
ee
rr
oe it
.pr %,
91° Mar 6,1
94° 4 Apr. at, 15
in tag au
100 Feb 28,13
99 }4June 11, 12
93 Apr 22, 15
102 %Apr 17, 15
10614Mar 9,15
101 Apr 17,15
99 4Apr 24,15
120 14Mar 16, 08
ae
TITLE OF BOND AND RATE
vee Bridge g 45 1950............ 4.65
Cal- -Atiz ist ret med és ser A 1962 4. 70
do reg.
do_ series B.
Cn Southn con gtd 50yr5s serA1962
OD: OB ts iciltss 2.5, c erapnjererec Sweueuecs
Carbondale & Shawtn Ist g 45 1932.
Carolina Centra. Ist con g 4s 1949. .
Carol Clehf'd & O 1st mge30yr5s1938 5.18
Carthage & Adiron Ist gtd g 481981. 4.55 |
Ced Rap Ia Fis&NwIst gtd g 5s 1921 4.95
Cent Br Ry Ist gtd g 49 1919....... 4.71
Cen Br Union Pac Ist g 4s 1948..... 5.1
Central of Ga Ry Ist g 5s 1945
reg $1,000 and $5,000
con g 5s 1945
do reg $1,000 and $5, ,000....... 7
Chattnga div pur my g 68 1951... 4.65
_ Macon & Nor div Ist g 5s 1946. 4.90
Mid Ga & Atlan div pur mny5s1947 A. pe ‘
Mobile div Ist g 5s 1946......... e
oer Eng Ist mge gtd 50-yr 4s
9G Bes ces os vy eute & oe ee ws HS
Cent of New Jersey gen g 58. 1987,
GO fe@ ss 5 2 so5s es cegansis by ess 4.38
Cent Ohio Reorg Ist con g4 ge 1930. 4.50
Cent Pac Ist ref gtd 4s 1949. 4:49
RO TOR cose ce oi siercsg ss He susie
mise. 2 #3 ss 1929.
Throws SL Ist gtdg 4s 1954.
DO) TOL is sss cerasie ieee citar ae epeend ee eS
Cent RR &Bkg Co of Ga col g 581937
Cent Vermont 1st mtg gtd g481920..
Charleston & Sav Ist g781936...... ....
Ches&Ohio gen fdg &ImMtge5s1929
do reg 1929,
ae con i. 5s 1939
R & A ‘dw Ist con g 4s 1989......
do 2dcong 4s 1989.......... 5
Potts Creek Brist mtge 4s 1946.. 4.72
Chic = ates RRrefdg g 3s 1949. ex Bead
Chic & Alton Ry Istlien g 3148 1950 ....
COR BOBO sini. ce cd aeste auadd we segenlalgone. Sd 5.49
Chic Bur & Q Denver an 4s 492254 - 4.04 -
ee - 3s 1949,....0...... 4.18
Cs cabs tind, Vipeaeca de hates 4.05
Mlinois div g4s1949...... 4.23
DO. TORR esc cs ctoca ry aarrveeie x gs .30
Iowa div sinkg fd 5s 1919........ 4.87
Iowa div sinkg fd 45 1919........ 4.04
Nebraska Extension 4s 1927..... 4.13
GO - TOPs: sas cs ogee a wate os 4.13
Southwestern div 4s 1921.. 4.01.
‘coll 4s joint ‘bonds 1921. 4,14
AO: NOG as accu, 2 dea ceyses a 450 4.15
in) 4s a 4.35
eis. aye Sn duo uaR 8 Shs Yes 4.22
eee & East 14% ref & imp g 1955 ....
Chie” & East Ill 1st con g 6s 1934
‘gen'con Ist 5s 1937
do reg.. 7.85
pur mony iat a 11
Chicago & Fria’ Ist g 5s 1982....... 4.79
Chic Gt Wstn Ist mge 50-yr 4s 1959 5 57
Chic & Ind Coal Ry Ist 53 1936.... ....
Chic Ind & Louisv rfdg g 6s 1947... 5.02
refunding g 5s 1947............. 4.82
refunding g 4s Series C 1947..... 4.18
Ind & Louisv Ist gtd 4s 1956. 4.65
Chic Ind & So R R Co 5-yr 4s 1956. 4,43
~
4.94
4.85
RouRCUAS NOUR AD OU, oF
PP PEPER PAP RR ERP OO
~JANUARY.A, 1906, to APRIL 27, 1915—
Yiela Highest
4,83 ,105 Aug 28, 06
eae sec Bei
8: r
106 %Apr il; 14
100 Aug 13, 08
97 Mar 23° 06
100 Apr.
106 OaseRee "4
99 a
7
7
6
0
6
2
4. 114 %4Jan.
3° 113 Apr
3-94 Apr
87 107 Jan,
8 10474A
4 110% ay 7 ‘09
T
‘2
5
0
5
1
0
93 34Nov 17, 11,
132 Jan 15, 06
131 4Jan 10, 06
103 June 18, 09
* 99 Jan 26,07
92 Eeh 17, 11
108 | joe 16,07
924Mar ; ‘10, 11
2. 10634Mar 28, 11
119 %4Feb 17, 06
1 116 June 6,06
3 109 Feb 14, 06
2 105 Apr 12, 06
ORO
103° "Nov" 5, 06
97 4Det © 7, 06
90 Jan 18, 09
moe
MON RM w- COMMON):
| 106 144Feb 15, 06
1014%Nov_ 2, 08
106. May 29) 07
102 {Mar 24, 06
107 Feb 15, 06
106 May 8, 06
1003gMay 5, 09
101 %Jan 10, 06
10144Jan 19, 06
103 4 Dec 28, 08
96 34Dec 20, 11
9634Mar 9, 06
139 Jan 25, 06
120 Apr 7, 06
11814Feb 26, 06
98 Oct 24, 12
> DRARDSOWOWNA
8
5
8 1223;Feb "7, 06
8 87 %4July 22, 10
. 118%Feb 6,06
1 137 Mar 20, 06
7 #114%Feb 8, 09
955Apr 12, 11
6 97 June 2,10
2 95 %Aug 25, 09
100 0140et 22, 12,
102%4Jan 11, 06 .
97 4Feb 23).11.
Lowest
86 Apr
94 %Dec
‘101. Dec 29, 14
eae 11, 14
94 July 9; 12
8444Feb 15, 15
96%Mar 1,15
Oct 9, 12
88
ae “Feb 10,14.
Feb 17, 08
72
1034%Feb 3,15
85 Nov 22, 07
106 4 Mar 3, 13
85 Jan 16, 14
100 4Feb 11 08
98 Aug 29,13
105 Dec 6, 07
80%Oct 31,13
112 Nov 30, 14
111 Nov 29, 07
99 Oct 31, 12,
854Dec’ 1,14
°86)¢Mar 20; 15
75 Nov 22, 07
838 July 16, 13
gL Ughtar’ 18, ib
68, Feb 18,15,
5 4
9314Feb 27, 14.
67\4Dec 2,14
84 Apr 13,15
77 +Apr 7,15
84,, May 29, 12
55 Jan 2,15
68W%Aug 5,12
32 14Nov 30, 14
63%4Jan 31, 12
8, 07
85}4Apr 27) 12
92 Dec 15, 13
93 June 30, 13
101 4Sept 33. 13
96. Nov 7,07
93° July 9,13
96 %Sept 27, 12
90 Oct ,12, 07
8234Nov 4, 07
82 54O0ct 26, 07
89 Jan 7Z 15
94%4Feb 19, 13
20%4Apr’ 6,15
91 Mar 18, 15
51 “Mar 13) 15.
52 14Mar 24, 15
974Oct 25, 12
101¥4Jan 15, 15
68 July 30,14
27 Yduly 27, 14
y 18, 12
8,15.
8, is
Dec 16,18.
Last Sale.
3,15
86 Apr
pr 26,15
106 Apr 11,14
94July 9,12
85 4 Mar, 31,15
96%,Mar 1,15
5
77 Der 26, 13
104 $4Mar 30, 1
101" “Apr i, 15
ee 3,13
Feb 8,15
uh die 75
ar
109 34May 6. 11
81 Mar 11,14
115 ‘
1144Mar 30, 15
100 Apr 25,13
88 Apr 27, 15
86 14Mar 20, 15
8814Apr 26, 15
104 Apr 19, 5
105 4June 30, 14
88 Apr 27,15
93 4Feb 27, 14
76 . Apr 27, 15
84YApr 13,15
17 Apr 7
8434Jan -.
574Apr, 8, 15
68 4Aug" 5, 12
47 Apr 16, 15
63 34Jan 31, 12
99 Apr 24,15
83:3(Apr 22,15
‘86\4Aug 6,12
94%4Apr 26, 15
93 June 30, 13
102 4Mar 16, 15
99 Apr 24,15
96 84Apr 26, 15
96 54Sept 27, 12
99 4July 28, 14
96 Apr 27,.. 15
96 14Apr, 26, 15
92 Apr, 27, 15
9434Feb 19,13
26 34Apr 24/15
100 Apr 26,15
71 aor 27,15
68 r 19,15
oT Feb 26, 13
104 yee
71 w%Ap
27 eiuly 27, 14
119 YApr 21, 15
108. 54Mar 7, 14
955¢Apr 12,11
86 July 18, 12
90 4Aug 27, ne
TITLE OF BOND AND RATE. Int.
Chie an Shre & Eastn Ist mtg 4 4s
chie Mal & Puget Sound Ry ist mtg
ee 40-yr 49 1949............... 4.49
eatrnecio lay ‘gen & ref mtg ao eae
5s ser B full paid 2014........... 4
‘do ist inst! paid.......... t
oe 23 Bae series B 1989.
ae M & St P 25-yr deb4% basiaad 4.50
a AV NB io. 34 60. peeseyove we cor eueneede 4
gen mtge cou 4 4s ser “‘C” 1989... 4.46
Chic & Lke Shre div g 5s 1921... 4.87
Chie & Mo River div 5s 1926..... 4.77
Dubuque diy Ist 5 f Gs 1920...... 5.58
Chie M & St P Wis & Minn div g 5s
1920. or teee seaaaliace yess 91
Wis Val div 1st mtge : £681920.. 5.61
_ & N W extension 4s 1886-1926
gen reatge is 1987. ‘
DO TOs 55; oh we a gutter ww Ramee
do stamped as in non-pay of
Fed Inc Tax 1987........... 4.26 —
C0 COR: 65 cas G25 aa ey gs lee
Interim certfs for gen mtge 5s and
-. int from Nov 1, 1914, 1987... 4.42
ee ae 6s 1879-1929 ine Geet oe ne
cinking fund 58 1879-1929 hgaiteaaiitte on
ve & N w deb 5s 1921...... ne
sinking fand deb 58 1933........ 4.90
Ol TOS arses st peices wes oe 7 5.05
Chic & Pac. Wn 1st g 58 1921 4.85
Chic - I x ae Ry mtge 6s 1917. + Bee
Chic a I é Bac Ry gen g 49: 1988... 4.83
GO: FOR se cise o wimeiacic a 8 ents 5.00
Te oe g481934.... ........ 5.92.
Pubes Fd canine ae fees a -- 5.46
20-year de aobeuture 5s 1932. 9.90
POCO FOB se ge sd edges ae a ase
col tr ser. a ss 1915. 4.21
do N1916..........:ceeeeee ane
do O isi? Te Ree 4.35
do: P1918... ig... ap tawenes 4.22
Chic-R. I. & Pac R R 4s Cent Tr Co
Ctfs of Dep 2002............ «...
R : an & Louis 1st mtge 414s 1934 5.29
OD 4: cpchedeiuie ww Bsoetoreete gts al Satire Se "39
1st ref mtge 5s Ser A 1963...... . 4.96
SMe TOSL co ciecesin eo orbs s .89
5 dO) FOB. 5s 54.5 sacri. 2 0.6 mage ns i ga
Memphis div Ist g 4s 195]....... 4.62
4.53
Chie t Pl Minn & Om con 6s 1930. 5.11
con 6s reduced to 3 4s 1930...... 3.89
Debenture 5s 1930.............. 4.92
Chic St Paul & Min Ist g 6s 1918.. 5.15
Chie Tere H & SE 1st & ref mge 50-
YF G8 1960 6 oe cs ey ceerwasas 5.88
Chie’, & Westn Indiana gen 6s 1932
cons age 4s 1952
Chie & Weot Michigan Ry 561921. 1.
Chic Oklahoma & Gif gen g 551919.. 5.05
“Yield
4.31
4.64
2.18
5.95
5.42
5.87
5.21
. 10444
°100)4Jan"
1 96 ‘Nov 6,06:
* 110%Jan 20,
Highest
104 4suly 19, 11
96 Jan. :2,12
111 June 28, 06
'104 40ct: 25, 06.
92 Apr 21,15
ar 29,15
87 ‘Jan 80, 11
94° Nov 26, 09
107 Aug 12, 12
103 %Jan 29,14
109 34 May 13, 09
1184Feb 15, 06
114%%Apr 12,11
11354Feb 5, 06
114 4%May 27, 10
105 14Jan ‘17, 06
104 Feb a 07
99\Apr 25,11
97% May. 9,11
943gJuly 2,14
118° Apr’ 20, 15
113 June 14, 06
1124%Mar 2, 06
10634Feb 14, 10
‘117 Jan..26, 06
117 . Feb 8, 06.
/11484Apr 17, 06
120 64F eb: 21, 06
(119%4Mar 10, 06
:103 Jan . 8, 06
102° Feb. 5, 06
97 Jan. 31, 06
92 Mar 1,09
94 54May 23, 12
97 40et 5,11
96 May 23, 11
95 Feb 2,09
9434Apr 29, 11
27%Dec 7,14
95 YsMar 28, 10
13834Mar 9, 06
110° Feb 5, 09
100 54Apr 26, 15
'' 90 Feb 2, 09
122 ‘Jan 15, 06
1004Apr 18, 12
1386 Feb 13, 06
90 Jan 27,15
105 May 9,12.
185 4Feb 28, 06
85 Jan 23,14
116“ Oct ‘16, 07
100 Dee 81, 08
106 4July 9, 09
106%%Jan 38, 06
935
r 27,15:
JANUARY 1, 1906 to APRIL 27, 1915
Lowest.
104 Aug 10, 11
: June 18, 13
88 Jan ‘8, 16
89 YApr 18 14
8814Mar 31, 15
Le RORIEL oa Motte 4
10134Feb 23, 15
101 34Mar: 29, 15
1834Apr: 8,15
86 June 12, 11
86. Apr 25, 18
94%%Dec 2,14
97%4Dee:
102 3Sept 26, 18 -
103 Oct 10,13
106 June 21, 13
101 - “July 15,13
107 Feb 26,15
92 14Oct: 31, 18
91%Oct' 3,13.
17 %Dee 16, 14
718\Jan 8,14
89 Dee 12,14
904Feb 38,15
883{Dec 24,14
109 Feb
106 Sept
105 4Deec
102 4Feb
102: ‘Oct:
308 *galy"
Mar 19, 15°
100 54Nov 23) 14
101%Dec
1013,Mar 16, 15:
80 14Nov 30, 14
80 Apr 24,15"
64 Feb
71 Jan
50 4Apr
90 aa
90 pr
89 ujMay 1; 06
84 May 13, 07
19\4%Mar 2,15
85 Sept 17, 12
102 YwAug 28, 13
118 Feb 16,11
9714Dee 12, 14
838 “Feb 25, 07
106 June 14, 13
1104%Apr 18,12
1144%4Dee 19, 14
a “Dec 27,12
May 10, 13
1185400 30, 13
Jan 23,14
May 26, 14
Mar 28, 14
3,14°
~ 102
21, 14>.101 44Apr’ 26,
-10134Apr’
Last Sale.
104 Dee 2,11
89 Apr 28, 15
Bae Apr 87,48
89 4Apr
911¢Apr 24, 15
104 Apr 27,15
101 34Mar 29; 15
7834Apr 8, 15
86 June 12, 11
88%Apr 28, 15
99 Apr
101: .Apr.
102 14Feb:
104 84Apr
107 Feb
101 54Fan
107. Feb
92 44Jan
94 July
80 7%Apr :
18 WJan
94 W%Apr
'91)4Mar
94 Apr 24, 15
118 Apr
109 %Apr |
1054%4Dec 5,13
103 y@Mar 31, 16
‘Oct v 13
100 5¢Mar: 6
101 Dee 13
99 Mar 19, 15
102 %Apr 27, 15
27;
82.34Apr.
80: Apr
67 4Apr
13 YApr
50 4Apr
P
92 Jan 18, 15
94%June 3,11
2184Mar 24, 15
85 July 81, 13
109 4Apr 14, 16:
114 Feb 21,11
100 54Apr. 26, 15:
90 Oct 6,09
106 4May 21, 14
110 %Apr 18, 12
117 4Apr: 21, 15
90 Jan 27,15
101 34Apr
116 san
85 Jan
1063 34Apr
18 Apr
“78 May 86, i4
99 Mar 28, 14
Chic Okl & Gcon g 58 1952....... 12
Cin Day & Ironton Ist gtd g 5s 1941 4.97
Cin Finlay & Ft W 1st gtd g 3s 1923. Z + pe
my
Cin Ham & Day 2d g'4 14s 1937.
Ist & whine mge 4s 1a63) epee
1st i 4s 1936.
: re
Cin ta & Wn Ist & ref gtd g 48 1953
Cin Leb & Nor Ist con gtd g 45 1942.
Cin San & Cleve con Ist g 5s 1928.
Clearfield & Mahon Ist gtd g 5s 1943
Clev - Cc = Ind gen con g 6s 1934 5
Clev Cin Chic &StL gen g4s 1993
(20-year deb 44s 1931
_do reg.
Cairo div 1s 8 193: 9
Cin Wab & Mich div Ist g 4s 1991 4.82
‘St Pouls a Ist coll tr g 4s 1990. ad Be
re
\Springdeti & Col div Ist g 4s 1940.
. White W Val div Ist g451940..... 4.40
Clev Lor & Wheel con Ist 2581933.. 4.83
Clev & Mahon Val g 5s 1938. ae sachin =: 95
NOG sac 2 puaniaxcie ele detimeeees sees
Clev. & Marietta Ist td g 4 ids 1935. 4.59
Clev & Pitt gen gtd ie 4 gs ser A 1942 4.43
‘do -ser B 1942.............-. 4.10
do do intredu to 3144 %1942 3.83
Clev & Pitts 314s ser C 1948....... 3.88
' do 34s serD1950.......:.. 4.16
“ber Short Line Ist gtd mtge 1¥4e 4
reg
Coal River Ry 1st mige gtd 49 1945.
Colorado Midland Ry. 1st g 48 1947. ....
Cent Tr Co ctfs of Dep
Colorado & South ist g ris 1929.... 4.38
ref & ext mtge 64s 1935 ave Bence se o4
GO: TOS! ss, ier den A hemi ae wes 5.49
Colum & Greenville 1st'g 6s ae « 5.97
Col Conn & Ter Ist gtd g 5s 1922.. 4.73
Col & Hock Val 1st ext g 4s 1948. 4.68
Colum &Tol RR Colst.mg ext 4s 1955 4.42
Conn & Passumpsic Riv 1st g 48 1943 ....
Consol Ry non-cnv 3,314% &4% 1930 5.84
‘psi
ate
wie
SRP:
©.
Ta RR:
hom On
- OOM MIO O: ae
PX ¢
DO: o
‘ aD PPeoe PR
ee. © 101 S 00 00 CO
ONO: OHIR OGM
peEpae:
om
oo
a
4.86
ighest.
111 4%Aug 16, 09
112. Jan 25, 06°
88 Mar 15, 11
10134May 25, 11
“408 3June 1,11
108 4Jan 31, 06
108 Feb 5,06
Feb 14, 10
May 10, 09
Jan 10, 06
Apr’ 17, 14
Jan 29, 06
105%Feb 1, 06
93 344June 13, 12
101 %Dec 4, 06
101 %Mar 1, 06
‘103 Jan. 22, 06
96 Dee 28, 06 -
96 Dec 7,09
98 Sept 19, 06
115 4Mar 29, 06
121 Dec .28, 08
“98° May 13, 14
11034Jan 19, 09
109 84July 6, 09
9144Feb 29, 12
96 Aug 24, 09
90 May 22, 08
96 \eJuly 3, 14
904Feb 5,09
87 Apr 13,.09°
26l4June 2,13
19,09
19,15
15, 07
18, 09
21, 06
10, 06
_
=)
i 28 ———_——— JANUARY 1, 1906, to APRIL 27, 1915
TITLE OF BOND AND RATE. Ine. Yield. L
Last Sale. :
owest
974%Apr 14,15 97%Apr 14,15
95 Jan 14,09 100}4Mar 10,. 14
88. 88, Mar 15, 11
96. Mar 12,14
93
. Dee 18, 07
65
92 4Feb : 26, 13
July 8 14
101 Apr 26,15
103 July 1,08
105 34July 27, 14
69" Mar 19, 15
Apr 27,14
eee tas ear
Oct 14,13
70 YOct 25, 07
se aior 11,14.
29, 13.
May 20; 10
Nov 6,13
Feb 1,15
May 13,14
101 .. Nev.:28, 13
109 34July 6, 09
9144Feb 29, 12
90:40ct . 25, 12
8414Dec 16, 13
90%Dee 4, 14
Apr ‘87, 10
Dee 11, 14
Nov 21, 07
Dee 4,14
82 Apr 19,.15
100 July 29, 14,
104%Oct 13,11
8514Jan. 4,15
9014%4Mar 3,14
Mar 31, 15:
July 22), 14.
ago ODF 21, “h
7 it
37 Mar 31, 15
65 July 3, 14
9384%Apr 15, 14
101 Apr 27,15
112 Apr 17,14
105 %4July 27, 14
TWApr 26, 15
82 June 22, 14
81 Feb 2, 15
83; Feb 16, 14
83 Dec 17,14
ae iw 14
85 Mar 3, 14
91 Apr 1,12
108 4Apr 27,15
101° Feb | 1, 15
98 May 13, 14
101 %Nov 28, 13
109 %4July, 6, 09
914Feb 29, 12
90%%0ct 25,12
844Dec 16, 13
934Apr 26, 15
83°" July 13, 14
17 Apr 1,15
1614Mar 12, 15
91%4Apr 27, 15
844Apr 22, 15
82°" Apr 19,15
100 July 29; 14
10534Jan 15, 13
85i4Jan 4, 15
90 4June 18, 14
102 Dee 18, 95
68 44Apr
5, 15
reg
Craig Valley Ist g 5s 1940
i Aiwa 3 28 07
Cuba RR Co Ist mtge 50-yr g 58 1952 5.00
Dakota & Great South g5s1916..... ....
Dallas & Waco Ist gtd g 55 1940... 5.01
Dayton &Mich 1st con mtg 44s 1931 4.76
Del & Hud Ist Penn div 7s 1917..... 6.45
WO oo 6.05 aananadedie s Peresesy ana a Aceves leita
10-yr deb coupon 4s 1916..,..... 4.01
1st lien equip 15-yr g 4148 1922.... 4.48
Ist &ref mg4s tax exmpt N Y 1943 te
FOS ie wag Sata Wwespe DU euaMd ace o Stae .
Del Riv R R & Bge 1st gtd g 48 1936 4.40
Den & Rio Grande 1st con g 4s 1936 5.26
con g 414s 1936..............4. 44
improvement g 581928.......... 83,
fe lst & refunding 55 1955...... 10.42
Des Moin & Ft Dge Ist gtd g 45 1935 6.67
Des Moines Union Ry Ist g5s1917.. 5.00
Detroit & Mork 1st lien g 4s 1995.. 5.00
C46 1998 oa skies onesare oreccvarqinereneapn's 4.88
112 Feb 28, 06
00: May 7,10
‘ 100 ¥gJune 13, 06
‘110 Mar 4, 09
94 %%Dec 10, 14
1383 Feb 13, 06.
112 KNov 22, 06
1044%4Nov 6, 08
103 June 3,.09.
1024May 5, 09
100° Sept 12, 12
1014June. 6, 06
108 Mar 24, 06
109 Feb 14, 06
961% Aug 9, 09
97\4Jan 30, 06
100 Mar 4,15
100 Jan 11, 06
9634Mar 23, 06
936
98 Dee 6, i8
91 Apr 23) 08
100 4Jan 15, 15
99 34Dec 15, 13
943%Dec 10, 14
107 WAug 16, 13
88 Nov 21, 07
96 Jan 9, 08
90%Dec 8,14
92 Mar 13, 15
91 Mar 2,14
734Mar 5,15
8144Feb 26, 15
July 25, 14
Jan 11,15
May 27, 14
Mar 4,15
Jan 30, 15
Jan 38, 08
98i5Dec" 5, 18
100° May 7, 10,
100 %Feb 10, 15
993{Dec 29, 13
94 34Dec 10, 14
108 83¢Mar 24, 14
149 Aug 5,01
99 34Apr 27, 15
we ga
pr
:92 Mar 13, 15
8234Apr 26, 15
7 ere 16, 15
Apr 23, 15
Feb 27, 15
Mar 4, 15
Jan 30,,15
July 24, 14
TITLE OF BOND AND RATE. Ine.
Det Riv ly Det Tn! Ist mg 50-yr
BY W9GD 5 oii cc emgianat oes
Dul Missabe &Nor Ry gen mg 551941 4.79
Duluth & Iron Range Ist 5s 1937. 5.02
TOR. ¢ pais rages oenvamere so amiod : 4.69
2nd 6s 1916..................4. 5.77
Duluth Short Line Ist gtd 5s 1916.... 4.97
Duluth So Shore & Atl g 58 1937... 4.95
gee Ry Minn North divist g4s 1948 = 21
East ‘Tenn V & Ga div g 5s 1930.
con Ist g 5s 1956
Elgin Joilet & Eastn Ist, g5s1941. 4.81
Erie Ist con g 7s 1920 6.36
NY & Erie Ist ext g 4s 1947.......
2d ext g 58 1919................ 4.92
3d ext g 4144s 1923.............. 4.56
4th ext g 58 1920............... 4.91
5th ext g 4s 1928............... 4.27
NYLE & W Ist con g funded 7s 1920 6.33
ite R R ist cong 4s prior bds 1996.. 4.88
Tet. con gen lien g 4s 1996.
do reg............
Penn coll trst g 4s 1951 4.58
MOG eager tenaeis nsgtthe dk wie 4.71
‘50-yr conv g 4s ser A 1953.
do do ser B1953......... 5.75
DO FOG 8 fe Sesion lat hake 5.71
Erie & Pitt gen gtd g 3 4s serB1940. 4.05
do serC 1940..............- 3.88
Evan H & Nashville Ist g681919.... 5.53
Evansville & Ind Ist con gtd g 681926 ....
Evansv & Terre H Ist con g 68 1921 ...
Ist gen g 59 1942............... 5.0
Mount Vernon Ist g 68 1923..... 5.56
Sullivan Co Brch Ist g 58 1930..... 5.26
Fargo & So assumed g 6s 1924..... 5.45
Flint & Pere Marquette g651920.... ....
Flint Pere Marg Ist cong 581939.... ....
Pt Huron div Ist g5s1939........ ....
Fla Cent & Penin ist g5s1918...... 4.84
1st land grant ext g 55 1930...... 4.81
cons g 5s 1943..........,....4-- 695
Fla East Coast Ry 1st mge 448 1959. 5.08
Ft St Union Dep Co Ist g 4148 1941. 4.89
Ft Worth & Den City Ist g65 1921... 5.88
Ft Worth & Rio Grande Ist g 48 1928 6.45
Fre Elk & Mo Val Ist mge 6s 1933... 5.09
Gal Har&SAM &P div 1st g 5s 1931 4.90
do 2nd mtge gtd ext 5s 1931........
Georgia & Alabama Ist con 58 1945. 4.92
Ga Car & Nthn Ist gtd g581929..... 4.88
Georgia Midland Ry Co 1st 38 1946 4.65
Georgia Pacific Ry ist g 6s 1922.. 5.62
Gila Val G & Nthn Ist gtd g 5s 1924 4.86
Gouv & Oswegatch Ist gtd g 58 1942 .
Gr Rap & Ind ext Ist gtd g 414s 1941 4.61
Gray’s Point Term 1st gid g 5s 1947 4.94
Gt Nthn Ry Ist ref & ex mge 448
OOF ANDGE oad mas eh weenie 1, 4.29
HOP 196 ood ee cdscawage a sesecies ae 4.43
Green Bay an West a etfgA....... wha
Greenbrier Ry 1st ‘gta g 45.1940... 4.44
Gulf & Ship Isl 1st ref &term g591952 6.02
FOR eis hakec ew ere DOS Se St ees
on Riv-Pt Chester Ist 48 1954.. 4.03
Hocking Wal Ry ist cin g4 340-1999... 4. 79
Housaionic R con ¢'56 1937,.... 1. 4.7
Housn East & West Tex Ist g 56 1933. - 85
1st gtd g 5s redeemable 1933...... -90
Houston & T C 1st g 5s int gtd 1937. . 68
4.28
4.78
4.47
—JANUARY 1, 1906, to APRIL 27, 1915.
Yield.
Highest.
101 Jan 18,12
106 June 17, 11
116 Jan 27, 09
112 4Feb 13, 06
104 Feb 27,11
1014%Oct 8,12
1138 Apr 12, 06
10134May 20, 09
116 May 24, 06
119 84Mar 29, 06
1193%%Feb 21, 06
184 44Feb ‘19, 06
107 4Jan 30, 06
114 4Feb '23, 06
109 4Aug 8, 06
115\44Jan 24, 06
102 July 28, 06
1838 Feb 1,06
102 Jan 12,06
"100 4%Apr 19, 06
93144Jan 16, 06
91 Oct 9,06
8 Jan 29, 06
Feb 1,10
109 YJan 20, 06
87 Feb 8,07
70 Nov 10, 13
96 YJan 2) 06
90 July 25, 12
115 Oct 22,10
118 Jan 22, 06
118 Aug 24, 06
109 W%Apr 17, 06
108 Nov 29, 11
106 %Jan 23, 06
117 3Aug 15, 11
°118 Feb 14, 06
110%Jan 19, 06
1114Jan 19, 06
109 34Apr 25, 06
9814Nov 6,11
92 Aug 5,10
1174Feb 1,09
91 Feb 28, 06
128 YJuly 11, 11
112 Apr 12, 09
11134Mar 7, 06
106 Feb 25, 09
82 Nov 6, 08
123. Jan 17, 06
108 4July 12, 06
1083%4Feb 6, 06
101 4%Apr 18, 07
101 54Feb 5, 12
96 June 24, 13
92%gJan 22, 06
9934Feb 2, 06
105 %4June 6, 06
110° Apr 2, 06
108° Nov 20, 06
125 Feb 6,06
: 105 4May 25, 09
105 4Jan 20, 06
112 14Dee 24, 06
937
Jan 19, 06:
Lowest:
93 Y4June 26, 14
108 44Mar 19, 14
9814Apr 20,15
106 14Mar 13, 08
104 Feb 27,11
29 Feb 16,10
99 MNov 12, 13
94 %May 7,14
100 July
100 4Nov 15, 07
103 %Apr
106 %Apr
92
70 Nov 10, 13
86 14May 12, 14
90 July 25, 12
1 June 18, 13
May 6, 12
Mar 19, 15
’ Dee 16, 07
Nov 29, 11
June 2,08
June 10, 13
85 Dec 7,14
July 23, 14
' Mar 23,15
Feb 28, 11
May 2,12
Dec 9,14
Dee 5,14
88W%Aug 4, 10
98144Dee 2, 07
58i4Jan 7,14
117 June 20, 13
101 Dee 27 13
104 Nov 26, 07
a0t Apr 3,14
"95 34Dec 15, 18
101 4gApr' 18, 07
96 54Mar 18, 15
96 June 24, 13
71 Mar 19, 08
534Oct 30, 07
85 Sept 14, 08
82 14Mar 16, 15
91 Feb 24,15
9654Jan 19, 14
105 Feb
100 Jan 10,08
102 Sept -27,.13
106 Apr 9,15
_9; 15%.
Last Sale.
93 {July 24, 14
1044Apr 24, 15
9914Apr 24,15
106 4%Mar 13, 08
104 Feb 27,11
100%4Sept 9, 13
101 July 6,14
95 May 21, 14
106 June 4,14
108 %Apr 27,15
103 %Apr 26, 15
110 Apr 20, 15
97 June 12, 14
110 ear 14
82 Apr 27,15
83 Jan 19,14
77 Apr 10,12
4 “apr 8,15
Feb 1; 10
ee Apr 27,15
69}4Apr 26, 15
70 Nov 10,13
86 4 May 12, 14
90 4July 25, 12
108 34May 26, 14
106 May 6,12
87%Apr 21, 15
9954Dee 5,13
108 Nov 29, 11
95 Junell, 12
110. June‘10, 13
‘90 Mar 8,15
68 Mar 30,15
65 Mar 25, 15
103 4Jan 4, 13
104. Nov 11, 12
100 %Apr 13; 15
88l4Apr 5, 15
92 Aug 5,10
1017%Apr 27,15
62 Apr 27,14
1173%{Mar 8,15
102 Mar 8,15
1013Jan 14, 15
102 4 Mar 19, 15
64 %4Mar 29, 13
10634Apr_ 6, 15
102 34Apr
1014Apr’
99 Apr 27,15
June 24, 13°
Apr 14, 15
Apr 27;.15
Apr .6,14
Mar 22; tis
94 Apr 23,15
9734Jan 28, 14
1054 Mar 24, 15:
103 Jan’ 29, 15
102 * Sept 27, 13
106 34Apr 24° 15
“TITLE OF BOND AND RATE. Ine.
Hous & T C gen 4s interest gtd 1921. 4.26
Waco & Nwn div Ist g 68 1930... 5.56
Houston Belt & Ter Ist mge 5s 1937 5.35
reg
Litchfield div 1st g 3s 1951.
ea? div & term g 34s 1953 te
Middle div registered Ss 1921.11...
Omaha div Ist g 3s 1951. 4.11
St Louis div & term g 3s 195
do reg
do g3\%s ae
do do reg..........
Oi FO soi ii-s, srscarions o tlie 3.6 wale AS tes.
Ind Bloomington & W Ist pfd 4s 1940. 4.26
Indiana Decatur & Wn Ist g 5s 1935 ....
Ist gtd g 5s 1935............... 0...
» Indiana Illinois & Iowa Ist g 4s 1950 4.70
Internatl & Gt Northn Ist g 65 1919. ..
Iowa Central Ist g 5s 1938......... 5
ist & refunding g 48 1951.......
Jamestown Frnk & Clerf 50-yr 1st
mge 4s gtd 1959.............. 4.42
1) ee
Kal Allegan & G R Ist gtd c 5s 1938 .
Kanawha & Mich Ist gtd 4s 1990.
« 2nd mtge 20-yr 53 1927.......... 5
Kan ties Ft Sct Mem R R con g 6s
AS 19SG | 05 ;502 Seles «6 SRG 5.6
reg 5.
KCy &MR &B Co Ist gtd g 58 1929 5.26
Kansas City & Pacific Ist g481990.. 5.13
a City Southern Ist g 3s 1950. 4.43
ref ‘& imp mtge 58 1950...... ee 5.49
Kansas City Terminal Lai mtg 43 1960 4.40,
Kentucky Central g 4s 1987.01.21 1) 4.87
ee & Des Moines Ist 5s 1923, 6. eS
Knozvilic & Ohio Ist g 6s 1925... 11 5.44
La C & Dav Ist 5s 1919........... 4.89
Lake Erie & Western Ist g 5s 1937. 5.40
Bag 5G W94AN oss a seriesrese ne tsce aw 5.27
Lake Shore collat g 34s 1998..... 4.82
dO FOS isei nace cacy ag oe nares 58
J. P. Morgan & Co ctfs of dep..
Lake eget & Mich So g 34s 1997. 4. aq
“debenture g4s1928............ 4.29
BOS osisssdersns wit ac wanted is aeons » 4.35
25-year & $6 UGBT i 9p Sora da acdle ce
do
Lehigh & adeon River gen gtd - 5s
1920..
Lehigh & N Y Ist gtd g 491945...
reg.
5.18
5
5.51
4.50
£68.
BAT
5.24
6.56
5.74
BAT
5.16
4.95
5.59
5.26
AAT
4.60
Ted
5.28
4.84
4.5)
5.60
5.36
4.87
4.61
4.30
4.30
_ 4.68
4.79
4.69
4.70
5.00
4.73
6 118 4Jan
Highest.
9914Jan 18, 06
119 4Mar 11, 10
1014%Feb 6,11
10914Sept 4, 06
1073Apr 26, 07
10144May: 4, 06
95 WJuly 12, 06
1004Jan 19, 06
10734Feb 26, 06
99 June 10, 09
100 54May 10, 09
96 %4June 24, 11
87 Mar 23, 10
106%Feb 138, 06
100 May 8, 06
79%June 2, 09
93 4Nov 17, 06
88 Mar 11, 09
79 Apr 15, 09
82144Feb 7, 06
93 June 23, 06
95 May 1, 08
108 %Jan 30, 06
Jan 17, 06
Jan 17, 06
Feb 6, 06
Jan 12, 06
88
95 4May 11, 11
99\4Jan 22, 06
99 July 17, 12
121 June 20, 06
87%Mar 2, 06
82 14Dee 30, 09
103 4July 31, 12
964Apr 16, 06
75 Jan 5, 06
103 Dee 28, 09
9534Feb 14, 14
99 Aug 17, 11
101 Feb 21, 06
111%Mar 38, 06
11034Mar 3, 06
122%4Jan 4, 06
119 Feb
113 4Jan
93 Jan
23,
101 Yan 9, 06
.994June 7, 06
9654Feb 8, 09
95 July 7,09
1 MMay 2,12
Hay 29, 08
—————— JANUARY 1, 1906, to APRIL 27, 1915.—
Yield.
Lowest.
8344Dec 24, 07
108 Mar 20, 14
9314Feb 18, 15
944Jan 12,14
100 Sept 1,11
78\4Dec 22, 14
88%4Feb 26, 13
71814Dec 22, 14
85 Dec 24,14
95 Y4{Sept 12, 12
85 Dee 11, 14
96 4 June 24, 11
47 Oct 22, 13
81}4Mar 16, “iB
84 May 5, 14
73 WJune 24, 12
77 Feb 18,15
83 - - Aug 12, 12-
68° Mar 2, 15
75 4Dec 31, 10
May 26, 08
July 20, 14
83 Jan 15, 15
98 Mar 5,15
84 Jan 20; 15
35 Jan -12,15
88 apr % 18
Nov 16, 07
June 13, 13
June 3,13
Nov 16, 07
Dee 22,10
Mar 17, 14
July 3,14
Nov 2, 07
884Feb 24, 15
BH 4Feb 14, 14
June 11, 13
Dec 9,14
Feb 18,:15
July 15, 08
101 %Oct 17, 13
92%Apr 23, 15
94 84May 29, 14
T2MApr 8,15
72 Nov 80, 07
79 Dec 9,14
82 Dec 17, 14
82 Mar 4,15
.83 Nov 26, 07
81144Nov 26, 07
83 Nov 4, 07
90 %Apr 22; 14
100 June 25, 13
88}4Feb 26, 14
Nov -16,-11-
Last Sale.
94 Apr 21,15
108 Mar 20, 14
9314Feb 18, 15
97 duly 22, 14
100. Sept 1,11
718 %4Jan 11,15
8814Feb 26, 13
78 4Dee 22, 14
80 July 15, 09
86 Apr. 39, 15
95 4Sept 12, 12
87 34Apr 24) 15
96 84June 24, 11
90 June 2,14
84 Apr 28, 15
84 May 5,14
14 Feb 26,14
77 vaMar 27, 15
83 Aug 12, 12
123 May 24, 90
73 Mar 20, 15
15 veMar 15, 12
80 Apr 12,15
101 wont 23, 99
73 54Mar 6, 14
94 July .1, 08
65 July 20, 14
85 %Feb 26, 15
99 Apr 26, 15
85 Apr 27, 15
5414Apr 26,15
90 ern 14, 15
86 Mar ‘6, 15
95 34Mar 13, 15
“107MApr 23, 15
71 Apr 24,15
77 Ysuly 23, 12
95 -Mar 17, 14
78 July 3,14
67 $4Apr. 27, 15
63 Oct 16, 00
91 Apr 21,15
9534Feb 14, 14
91 Apr. 20,15
87 YApr..18,- 15
_ 83 Feb 18, L
98 Now 16, i
110 4%May 11, 14
102 hee 15, 14
92 oA r 23,.15
9434 avn :
72YApr 2
76 W4June zB %
79 Dee 9,14
82 Apr 24, 15
82 Apr 27,15
93 WApr 27, 15
92 Jan 20, 15
92MWApr 26, 15
91%June 1, 14
100 June 25, 13
88%Feb 26, 14
“ TITLE OF BOND AND RATE.
Lehigh Val N Y Ist gtd g 4148 1940.. 4.46
BOQ ia lavs oo. vucitpahers ere. aca sen prions 4
gen con mitge 404 Zo bends 44%
series due 200
Ine.
Liskisk Vy (Penn) i: con g 4s 2003 4. ‘60
POPs coy Fecewas s SeeG A A eae eg ei we
Lehigh Vy Ter Ry Ist gtd g 5s 1941. 4.71
WOPnccsy abies 25 8 seth Gd avec neccys sees 49
Leroy & Caney Val A ee net 2581926 ....
Long Dock con g 68 1935.......... 4.90
Long Island Ist con g ee 1931...... 4.81
Ist con g 48 1931............... 15
gen g 48 1938.................. 4.69
Ferry g 4148 1922............... 4.72,
C49 1922 iirc co ceo tiensig b Hea eeie eH NSE
unified g 48 1949............... 4.71
deb g 58 1934.................. 5.25
gtd refunding g 48 1949......... 4.73
GO. FOG ioe reseettiee S aigmaraienes 4.21
tax exempt..............-.000-- eee
LIRREN So bch Ist con gtd 5s ae 4.90
Louisiana & Arkan Ry Ist 5s 1927.. 5.46
Louisiana Western Ist 6s 1921..... 5.50
Louisville Cin & Lex g 414s 1931. 4.57
Lo & Jefferville Bge Co gtd g 4s 1945 4.79
Louis & Nash gen g 68 1930....... 5.81
gold 5s 1937. ................4. 4.67
ee iz - 1940 e302. e es Sees 4.24
Seis secltne Bealaaate von tosorsonen esses 4.21
eaitstaraty trust g 5s 1931......... 4.84
Atl Knox & Cin div 4s 1955...... 4.60
GO: FOG io he ieee a 4 Sic emcees ae ee oie
Paduch =z Mem_.div 50-yr 4s 1946 4.76
St Louis div Ist g 6s 1921....... 5.61
do 2d g3s 1980............. 4.92
Houle & Nash col g 43 1952....... 4.61
reg
L & N Mob & Montg Ist g 44s 1945 4.46
L & Nash Southn Mon Joint 48 1952. 5.00
Mahoning Coal R R Ist 58 1934.... 4.66
Manila RR Sothn lines Ist mge4s1939 ....
ROB it esis vacveaial in a) Bilao wae -aapeet AS. leads
Manitoba S W colonization 5s 1934.
Manitowe G Bay & Nw Ist gtd 3 48
ore 3.87
MeKeespt & B Ver Ist g 6s 1918... ....
Mexican Internat] Ist con g 4s 1977. Bs ee
-stamped guaranteed............
Men Cent col g 344s 1998.........
ez 4.60 |
g3)4s sec yo pet ag on JL&S1951 3.89
, Ist g3%s1
ae ron debenture 48 1929.......
Midlind ofNIist mge ext at 5%1940 4.48
Midland Term! Uy Ist gs f 5s 1925. 4.95
Mil Lake Shore & Wstn Ist g 6s 1921 5.71
ext & impt sink fund g 5s 1929... 4.77
Mil L S Wn Ashland div 1st g 6s 1925 5.30
Michigan div lst g 68 1924....... 5.38
Mil Spar & Nor ist mge gtd 4s 1947 4.42 ©
Mil & Nor R R Ist extd 414s 1934.. 4.47
Mil & Nor R R Cons extd 44s 1934 4.48
Mil&State Linelst mge gtd3 Hestoal . ‘
Minn & St L Ist g 7s 1927.
PacificaExten Ist g 6s 1921
Minn & St L 1st con g 5s ee
Ist & refunding g 4s 194
“cr & ext mge 50-yr 5s Ser A 1962
——JANUARY 1, 1906, to APRIL 27, 1915.
Yield.
4.43
4.51
4.52
4.61
4.57
4.33
4.35
4.64
4.29
5.09
5.20
4.91
4.27
Highest
111 4June 29, 06
107 Aug 26, 09
995Apr 6,14
984Apr 24, 06
120 4%4Mar 22, 06
118 Mar 16,11
135: ‘YFeb 23, 06
117. Mar 19, 06
96 144Mar 30, 12
102 4Jan 30, 06
102 Nov 30, 08
1014%4Jan 3,06
104 14Dec 10, 08
102 %Jan 30, 06
99 Mar 19, 06
109 Nov 23, 06
105 Jan 26, 06
109 June 12, 14
10734Feb 19, 09
100144Feb 2, 06
120 4Jan 24, 06
121144Feb 19, 06
1044Jan 9, 06
1014%July 3, 06
115 Jan 5, 06
96%Mar 9, 09
1204
7244Feb 28, 07
101 34Dee 17, 09
110° Feb ‘23, 06
98 July 25, 06
Lowest
9644Dec 9,14
99 Apr 15, 15
97\4Jan 15,15
ar NN 6, 07
105%4Jan 4, 15
111 4%Nov 28, 11
120 "Aug 15, 10
103 84Mar 10, 15
964 Mar 30, 12
82 Dee 20; 07
92 Nov 20, 13
“81° ‘Jan "'2, 08
95 Oct 31,13
83 4Mar 15, 15
94 May 3,10
aa dae 30, 10.
31, 13
109 tune 12, 14
98 Mar 13; 15
83 Jan 9,14
110 Jan 13,15
105 54Dec 10, 13
90 3Nov 30, 14
92\4Nov 1,13
102 May 26, 08
_824Sept 20, 09
84... Dee 19, 14
106 4Jan 8,15
60 Mar 25, 15
74 Mar 10, 08
PT eine 24, 08
Mar 24, 15
Last Sale.
101 Apr 27, 15
997%Apr 27, 15
9814Apr 19, 15
87 Apr 23,15
106 VyFeb
111 4%Dec
110 Mar 13, 05
122 4eMay 25, 14
a Mar 26, 15
96 14Mar 30, 12
pe idane 15, 15
se WMay 28,14
994Oct 28, 04
85 Apr
e yeJan
43¢Apr 16, 15
55 Jan 3. 11
102 July 23,14
9114Feb 27, 14
109 June 12, 14
106 %Apr 19, 15
94 WYApr 27, 15
95 June 4,14
103 4%Jan 12,15
87 Apr 20,15
84 Dec 19, 14
107 Apr 9,15
61 ar 26,15
8634Apr 27,15
101 May 2,14
80 Apr 22,15
95 Feb 6,05
107 4Apr 238,14
80 July 30, 09
80 Feb 5, 08
91 Feb 6, 06
9044Jan 17, 06
‘120 Jan 3,06
119 June 12, 06
104 14Mar 23, 06
98 14Nov 10, 11
9414Dec 26, 06
98 14Feb 16, 06
93 4Nov 16, 09
111)44May 31, 12
101 Oct 22, 09
1264Jan 19, 06
118 Feb 27, 06
1144%Feb 17,13
128%4Feb 27, 06
94 Apr 26,12
102 june 16, 14
102Y%July 6, 14
133 4Feb 10, 09
1204%4Feb 6, 06
1144Jan 20, 06
97 Jan 17, 06
10244Apr 25, 06
939
75 Feb 25, 10
79 Nov 15, 10
105 Dec 18, 07
103 144May 7, 14
98 Apr 4, 12
87 Feb 6,14
90 June 8, 08
19 Dec 16, 14
78 Apr 5,15
110 4% May 28, 11
., 98 120ct 22, 09
88 l4July 24, 13
9934Dec 22, 13
99540ct 8,13
111 44Mar 13, 15
1104%Aug 9,11
85 Mar 24,15
40 Dec 23, 14
89 Dec 16, 13
103 Mar 30, 10
79 Nov 15, 10
71 Apr 16,15
69 Apr Bs 15
1054June 9, 14
aaeeraay 7, 14
Apr 4 12
Feb 6, 14
June 8, 08
Apr 27,15
Apr 20, 15
111 14May 31, 12
101 Oct 22, 09
105 Apr 1,15
104 Mar 17, 15
113 %Feb 27, 14
a oie tee pias
r 16,
100 90M ar is, 15
100 3Mar 23, 15
914Apr 16, 15
———_——— JANUARY 1, 1906, to APRIL 27, 1915.
TITLE OF BOND AND RATE,
Minn St P & S Ste M & Cent Term
RyCo 1st mgChic Term s f 4s 1941 4.11
MinnSSte Mar &Atllst 4s g stpd1926 4.23
Minn Union Ist g 68 1922......... 5.43
Mississippi Central 1st mtge 5s 1949 5.49
Mo Kan & Eastn Ist gtd g 58 1942. 5.18
Mo Kan & Ok 40-year Ist gtd 5s 1942 5.84
Ine.
Mo Kan & Tex Ist g 4s 1990 5.26
DD SAB GD os ice ers sie shsivepe eid sesens 7.02
Ist extn g 59 1944.............. 5.68
1st & refunding mtge 4s 2004.... 7.27
gen mize skg fd g 4148 1936...... 6.44
Mo K & T St L div 1st ref g 4s 2001. 6.65
Mo K & T of T Ist gtd g 55 1942... 5.68
Missouri Pacific 1st con g 6s 1920... 5
trust g a Fdeiie WAT: 6 sce
do
do 1st collateral g 5s 1920.
OO 5c secs ahd saswenagtctat a Pinte ANS: eS
forty-year coll 4s gold loan 1945.. 8.51
Ist & ref conv 5s Ser A 1959. a
BOs iio score acamih? Suoqrahasoe emai
3d mtge 7s extended at 4% 1938. 5.13 -
Mob & Birm prior lien g 5s 1945... 4.74
MAND 5520525 aye og aelasee ee eee eLRS
mige g 48 1945...............05 5.06
do. ‘smallic oc sic. sgcien esse ws ot a
Mobile & Ohio new g 6s 1927...... 5.36
Ist extension g 6s 1927.......... 26
gen g 4s 1938..............0045 5.56
Mob & Ohio-St Louis div 5 % mge
cou bonds due 1927
Montgomery div Ist g 5s 1947.. * 4.92
Mowe & Ohio col trust g 48 1938.... 5.61
Mohawk & Malone Ist gtd g 481991. 4.19
Monongahela River Ist gtd g 5s 1919 4.88
Montane: Central 1st gtd g 6s 1937. 5.00
ieLag Reigie he SERRE A ERS 87
ist gtd is SS 1987 owes ee esas « 4.74
Morgan’s La & Texas Ist 73 1918... 6.51
gtd g6s 1920................08. 5.64
Morris & ieaeg Ist con gtd 7s 1915. ....
do re cas
Nash Chat & St L Ist con g 5s 1928. 4.72
Fayette & McMnvlle Br 1st 6s 1917 5.78
Jasper Branch Ist g 6s 1923.......
T & P Branch Ist 6s 1917..
Nash Flor & Shef 1st gtd g 5s 1937. 4.72
Nat Rys of M pr In 50-yr sf4%4s1957 ¢
Coupon on Jan 1914 ‘
Coupon off Jan 1914
gtd mtge 70-yr skg fd 4s 1977....
Coupon on April 1914,.......... e640.
Coupon off April 1914........... 2...
Nat RR of Mex pring 4148 1926.....
Coupon on Jan 1914............
Coupon off Jan 1914........... <
“Ist con g 48 1951..............4.
Coupon on April 1914 ........... ea
Coupon off April 1914........... ....
ee RR Co Ist 48 1954.....
New! England R R con 5s 1945..... ....
do’ con 4s 1945......5....... 4.02
New Haven & Derby cons cy 5s 1918 3.67
N Jersey Junct R gtd Ist 45 1986... 4.65
registered certificates............ ....
New Orl Mob & Chic Ist ref 55 1960 ....
N O & Mobile Ist g 6s 1930 5.28
do 2nd 26s 1930.............. 5.56
N O & N Eastin prior lien g 68 1915. 5.94
N O Term Ist gtd g 4s ser’A 1953.. 5.03
Newpe & Cin Bge Co gen gtd g 48 ae
N Y Buiyn & Man B Ist con g 581935 5.00
} Payabie in notes
Yield
8 1173%%Jan 29, 06
Highest
97 June 25, 12
102 %June 25, 07
117 Nov 9,09
93 144Mar 6 11
116 “Feb 8, 06
112 Feb 2,09
103 Jan 22, 06
92 %Jan
109 4Feb
9114Feb
96 Dee
94 Feb
110 Feb
125 YJan
107 4Feb
107 4Feb
108 Jan
94 14Jan
96 54Feb
on 8, hae
1153éAbr re 06
82 Nov 30, 08
1274jNov 8, 06
118 Feb 3,09
99 Jan 15, 06
95 Dee 16,13
11434June 1, 06
98}4Feb_ 6, 06
103" Dee '8, 06
95
105%Feb 8,07 1
136 Jan 25, 06
186 44 May 81, 06
119%Feb 1, 06
127 Sept 13, 06
118 Feb 17, 06
127 Jan 18, 06
11134Dee 29, 10
96 14Mar 24, 09
115 Sept 19, 06
108 84Dee 13, 10
119 4Feb 16, 06
96 June 3,12
99 56 ighhar 16, 12
107 Aug:
92 May 16, 14
“95. Feb ‘19, i2
180' June 13, 06
122 14Mar 19, 06:
101 Mar 11,14
88 14Dec 8. 11
101}4Jan 22, 18
110 14Nov 21, 06
940
4,09 ©
Lowest
97 4June 25, 12
96 Nov 10, 13
110}4Jan 22, 14
91 July 29, 14
96 44Mar 15, 15
‘8514Mar 9,15
75 Dec
52 Dee
5,
69 S4Jan 27, is
604Feb 16, 15
80 Jan 15,15
oy ear 1,15
Mar 24) 08
$F May 21, 12
85 Dec 16, 14
94 )4Sune 8, 10
78 Dee 10,13
105 14Nov 25, 10
112 Mar 5,15
103 Nov 27, 07
72 Mar 23,15
95 Dee 16,13
1014Apr 19, 15
T1WwApr 24,15
1363¢May3i 06
10444Jan 21,10
106%4Feb 11, 13
105 4June 14, 13
100 54Feb 26, 15
103 Nov 17, 13
84 Oct 4,13
101%Dee 2,07
103 %4Jan 19,14
111 Jan 16, 13
100 4Aug "7, i8
52 Dee 17,13
99 144Mar 16, 12
107 Aug’: 4, 09
86 Jan 6, 15
'8144Jan 12, 16
113 %Jan 8,1
108 Feb 20,15 °
101 Feb 2,14
oo
19 4May 9,13
9714O0ct 30, 13
‘100 ‘Feb 25, 15
Last Sale.
97 YJune 25, 12
9414Feb 20, 14
110 4Jan 22; 14
‘91 July 29, 14
96 4Mar 15, 15
85 14Mar 9, 15
76 Apr 27,15
57 Apr 27,15
88 Apr 10, 15
55 ‘Apr 26, 15
69 Apr 19, 15
60 4Feb 16, 15
88 Mar 9, 15
10034Apr 27,15
94 Apr 27,15
97° May 21, 12
91 %Apr 20, 15
47 Apr 26,15
44 Apr 27,15
94 June 8, 10
78 “Jan: 20, 15
105 4Nov 237 12
Mar 28, 18
Aug 6, 04
Apr 21,15
Apr 22,14
Mar 28, 15
- Dee 19, 13
101 4%Apr 19, 15
71 4Apr 24; 15
95 WJune 10, 14
102 4June 25, 12
120 Mar 29, 15
186 4 May 31, 06
105 %Apr 24,15
107 YJuly 13, 14
106 4July 18, 14
100 54Mar 3, 15
103 Nov 17, 13
8514Apr 20, 15
106 Apr 22, 15
103 %Jan 19, 14
Jan 16, 13
July 6, 04
July 28, 14
June 8, 14
99 14Mar 16, 12
107 Aug 4, 09
86 Jan 6,15
41 Apr 23,15
113%%Jan 8,15
108 Feb 20, 15
101 June 8, 14
79 l4May 9, 13
9934June 5, 14
100 Feb 25, 15
TITLE OF BOND AND RATE. Inc.
N Y Cent oe Co 20-yr deb 6s full
paid 1935
— ee amb 4 4s series A 2013.
do reg.
30-yr 4s of 1912 tax exempt, 1942. 4. 37
NY Cone Lines sale 4s1916.. ..
25- Cyear rae 4s 1931 4.8:
N Y Conn R R Ist gtd 4 4s Ser A tax
~~ 1953
N Y *@ Grenwd Lake gtd g 58 1946. 4.83
Sniall ss oe csrae ss .c tested wa caste Baa
N = = Harlem g 314s 2000........ 4.00
N FT Laskewanna & Wn Ist 6s 1921.. & 54
construction 56 1923............ 4.78
terminal & improvement 4s 1923.. 4.19
N'Y L E. & W Coal R R Co Ist cur
td 6s81922........... cee eae 5.63
NYLE & Wn Docks & Imp Ist mee
‘ext coupon 58 1943..............
NY & Long Branch gen g 4s 1941. 3 98
NY & NE Boston Term Ist 4s 1939 4.10
NY x Ht & H non-conv deb 4s 1947 5.20
non-con wdeb 33401947. 021021) «5.86
non-conv W deb 3340 1954. .... 11. «5.89
GO POG eine is dieninele oe rae s. 5.07
non-con deb 48 1955........... 5.26
noneconv wdeb 481956. ..20112.11 5.86
conv deb cts 3 Va 1956 hd teen 5.09
cony deb 60 1848... 0 2220021) Buda
0 BOG 5 iciigdse dvr ee EES 5.56
NY & Northern Ist g 58 1927...... 4.92
NY Ont & W aeiunding: Ist g48 1992 4.94
eg $5,000 only. . 4.32
gen mtge 4s VDSS hes ici oc.8 os gues. 5.00
N _ Providence & Boston gen 4s 1942 a 55
N 7 & Putnam ist con gtd g 4s 1993 4.35
NY & Rockaway Bch 1st g 5s 1927. 4.87
NY Sus & Wn Ist refdg g 5s 1937.. 5.38
2d g 448 1937. ....... eee eee 4.49
gen g 58 1940.......... 0. eee ee 7.14
terminal lst g 5s sages a raha an po eee 4.90
. do reg $5,000 each.......... +...
NY Wes &Bosl st mg4 aM ser 11946. 5.73
Nor & Mont Ist gtd g 5s 1916.
Nor So 1st &ref50-yr mg5s ser A1961 5. 32
Norfolk & Southern 1st g 5s ae . 4.95.
Norfolk & Wn RR gen g 6s 1931.., 5.10
improvement & ext g 6s 1934.... 5.04
New River Ist g 68 1932.........
Norfolk & Wn Ry Ist con g 4s ies 4. 4.30
re;
10- 25 gone conv 4s 1932.
do re
do reg
Highest
10134Mar 6,15
8814Apr 10, 15
"99 4Jan “16, 06
9814Feb 10, 06
0 102 340et 15, 06
101 9
ar
91)4Jan 14, 13
99. Apr 21, 14
97 Ygduly 28, 14
97 %4July 28, 14
. 106 Mar, 1, 06
1024%Mar 7, 07
94. Apr 9 09
97MJuly 3,14
126}4Jan 3, 06
114 54Jan 25, 06
102 {July 30, 06
120 Mar 4, 09
103 July 2,14
100 4Aug 30, 11
97 14Nov 28, 10
80 May 15, 14
110 4Sept 28; 09
146 Sept 28, 09
14134O0ct 22, 09
111 Apr 10, 07
104%Jan 9,06
101 June 29, 06
92 3éJuly 14, 11
88 - Aug 26, 13
104144Feb 28, 06
111 Jan 23, 06
117 44May o Be
103 Feb -
“110 Jan 43 06
118 May 23, 06
100 %Apr 2, 12
111, Feb 14, 06
13234Jan 22, 06.
180 84Feb 15, 06
1284%Feb -2, 09
102 %Mar 30, 06
100 Feb 16, 06
-JANUARY 1, 1906, to APRIL 27, 1915.—
Lowest.
100 34Mar 80, 15
87 14Mar 26, 15
bts 4Nov 30, 14
Feb 19, 15
a3 Dec 29, 13
89 Zéune 24, 14
91 4Jan. 14, 13
Last Sale.
a “Apr 27,15
8 Apr 27,15
8634Apr 27,15
89 Y¢June 24, 14
1 }avan 14, as
“98° July 28, 14
97 4July 28, 14
9754 sadly lee 14
2.
92 s4duly 24,14
82 Dec 18, 14
9444Feb 15, 15
1074Feb 2,15
102°"Nov 19, 07
86 Novy, L 07
104%Oct 27,11
100 %Nov 26, 13
98 Dee 2,10
97 Nov 28, 10
77 Aug 29,13
Jan 11,15
Oct 9. 13
Feb 18, 15
July 21, 14
Dee 31, 10
Nov 30, 14
July 22,14
101 aber 16, 15
78 Dec 19, 14
92 June 12, 12
75 Feb 5, 15
88, Aug 26, 13
92 Apr 7,14
94 Jan 14,14
115 Nov 21, 07
1174Jan 2, 08
115 WJune 4, 13
86 Nov 22, 07
91 Sept 12, 07
98 July 28, 14
97 Yduly 28,14
97 4July 28, 14
98 Apr 27,15
92 34July 24, 14°
82 Dec 18,14.
944Feb 15, 15,
1038 YAug 2, 12
117 July 20, 05
87\4Dec 11, 12
108%jApr 8, 15
104 14Feb 10° 14
95 Mar 18, 15
106%4Dec 3, 12
103 Apr 19,15
1004Jan 13,13
Nov 28, 10
July 15, 14
Apr ‘26, 15
Oct 9,13
Apr 26, 15
6834Apr 20, 15
100 Dec 31, 10
110%Apr 27,15
108 Mar 31, 15
101% Mar 16, 15
81 Apr 27, 15
pe Merune12, 12
80. Apr 7,15
88 Aug 26, 13,
92 Oct 24,13
1024Jan 23,14
94. June 5,14
i17agabr 26) 18
pr ’
119. Feb 10,15
ae ABE 17, 14
r 27,16
ay 28, -
162 sikes ‘ , 16
TITLE OF BOND AND RATE. Ine.
Nor & W 10-25 year conv 4s 1938 4.31
4.38
GO FOB oii s oid acs Sissea wings Bese
Pocahon C & C Co Joint 481941... 4.50
Northern Ohio Ist gtd g 5s 1945... 5.10
N oo Ry pr lien ry &ld gt g4s 1997. 4.31
as Soht etna sh dkepoRivinds We ans chinese eri Poe eb 4.38
zen Hen me & land gnt g 3s 2047.. . 62
Sniitlepiie 6 328-8 Seabee Spel as -16
St Paul “Duiitis div g 4s 1996. 4. 44
reg.
Nor Pacific ‘Termi Co ist g 6s 1933. Bo 41
Northern Ry of Cal gtd g 58 1938... 4.46
Northn Un Ry Ist mge s f 78 1917.: 6.51
North Wisconsin Ist 65s 1930....... 4.62
ones & L Cham Ry Ist gtd g 4s a
Ohio Connecting Rytit gtdsf4s1943 4.30
Ohio Indiana & West Ist pfd 5s 1938 .
Ohio River Railroad Ist gtd g581936 4. 73
gen g 5s 1937 -78
Oregon & California Ist gtd 5s 1927 4.95 °
Oregon R R & Nav Co con g 4s 1946 4,40
Oregon Short Line R R Ist g 6s 1922 5.53
Ist con g 5s 1946.... - 4.8
gtd, see 48 192!
do reg
Oregon-Wash R R & Nav Ist & ref
mtge 4s series A1961........... 4,
Oswego & Rome 2nd gtd g 58 1915, ....
Pacific Coast Co Ist g 5s 1946...... 5.23
Pacific R of Mo Ist extd g 4s 1938.. 4.61
2nd extd g 55 1938.....,........ 5.12
Pennsylvania Co gtd Ist g ‘is 1921 = ns
reg
gtd 34s Col tst rg ets ser A 1937. 4.14
gtd 314s col tr certs ser B 1941,. 4.14
Trust Co certs gtd g 314s 1916... 3.54.
gtd g 3 \4s trst-ctfs ser C eae ae
gtd 3 14s trst ctfs ser D 1944
4% 15-25 yr gtd Gld In of 1906 1931 £ BB .
40-yr guar 4% trectfsSerE1952., 4.19
Penn RRCo Ist real estate g 481923 4.14
con g 5s 919% 6 6 es. ccovi av éwatae 4.90 °
GO. TS? sons seen anais pace ys
con g 4s 1943..............
ten-year conv g 314s 1915.
TOZs ia esas
cons mtge g 4s 1948
GO: TOS. mars & 1a eres easeres.s . 4.07
temp ctfs for con mige 414s full
Paid 1960 525.5.2.4 ci 8no so Eee 4.31
Pens & Atlantic Ist gtd g 68 1921.. 5.56 |
Peoria & Eastern Ist con 4s 1940... 6.35 ~
income 4s 1990................. e00-
Peoria & Pekin Union Ist g 6s 1921 5.92° 5.
2d g 44s 1921..............005 5.06
Pere Marquette ref mtge 4s 1955 Rises taps
reg
ret mtge gtd 4s 1955
— Balto & Wash Ist g 4s 1943.. 4,03-
3.94
23 6.67
Pine rack registered gtd 6s 1932.. 5.17
PCC&St Lcon gtd g 4 4s ser A1940 4.46
Series B gtd 1942............... 4.48
series C gtd 1942............... 4.43
series D gtd 48 1945............ 4.27
series E gtd g 3)48 1949......... 3.84
' series F con gtd g 48 1953....... 4.20
‘series G con gtd g 4s 1957. 10
4.
Pitts Cleve & Toledo Ist g 68 1922. 5.28
Pittsburg Junction Ist g 6s 1922.... 5.36
mats Junct & Mid diy Ist g 3 4s 1925 = ue
ah grigcie idee Spada gh icsar si oreteee es Sean easels 7
Pittes L E2nd gis series A& B 1928 4.85
PittsLE & West Va System ref g 4s
TOAD Ra BO ae natu ale Meads 5.00
Yield.
a
PPP PPP:
GWUNMNOAA: Pe
RPAANGSOO- On
POOP PP POP a aR OR |
SCOMFMNOwMRARYAH DO:
CAA PIOHPAGNaAN Moa: -
»
a
©
5.41
°110 7akeb
104%Dec 4,
“112 YJan
Highest.
107 Sept 15, 13
:10234Jan 2, 14
95 ialen
117 Jan
12, 06
17, 06
12, 06
76 June25, 06
- Nov 14, 06
Feb 8, 07
July 18, 11
128 ‘S4May 22; 09
100 4Jan 17, 06
96 Feb 3,13
116. May 16, 06
114%Jan 20, 06
106 Nov 5, 08
119 May 23, 06-
97 YJan 18; 06
94140ct 2, 06
98 4Jan 24, 12
105 Jan 81, 08
'1144%Mar 12, 06
105 Jan 11, 06
1203%Jan: 25, 06
108 34June 12, 06
106 Dee 11, 06
90 June: 3, 06
94U4July 30, 08
99 Apr 26,15
‘90 Aug 9, 09
93 Jan 30, 06
100:44Dec 12, 08.
9574July 6,14
106 14June 19, 06
= 110 4Dee 17, 08
106 Oct 80, 08
101. Jan 17, 06
99%Apr 17, 15
105 14Oct 26, 08
103 June 5, 11
104 Feu 8,15
113 Jan
‘Feb _
97 {Nov 19, 08
60° Mar 9,14
18114Jan 29, 09
112 74Feb
82 Mar 27, 08
107 }4Nov 12, 06 _
995eJan 16, 06
942
——JANUARY 1, 1906, to APRIL 27, 1915.—
Lowest.
98 Junel0, 13
102 meen 2,14
76 Nov 27, 07
98 Feb 14, 14
88 14Dec 2, 14
88 Dec 22, 14
62 Feb 24,15
6114Feb 20, 15
89 Jan 23, 08
110 Voaug 3, 10
112 Feb 8,07
107 %May 21, 14
129 May 22, 09
70 Feb 6,15
93 .May 5,14
98 540ct 30, 13
97 44Nov 18, 07
87 Nov 23, 07
107 Nov 15, 07
100 Nov 21, 07
75 Oct 25, 07
87 34Mar 29, 07
83 %Jan 8,15
97 Sept 23, 13
-94 Feb- 27,15
86 Feb 24,15
97 l4July 11, 14
9934Dee 17, 14
- 4,14
83 4July 8, 13
9214Feb 21, 08
83 Jan 7,14
-824July 18, 13
-84 -Nov 20, 07
9234Apr 29,14
-96 Nov 12, 13
102 ian) 2,14
96 sgTuly ‘30, 08
83 4Oct 25, 07
91. July 12; 07
97 -Jan 7,15
984%Jan 21,15
108 YFeb' 24,15
107 Dee 24, 09
-6214Apr - 5,15
20 June 15, 14
101 4May.23, 14
b 20,14
3B: May 13° 14
40 Dec 30, 13
99 .Aug 15, 12
101 duly 18, 11
64 YJan 28,14 -
60 Mar 9,14
107 Nov 26, 07
99° Dec 12, 14
‘99 Dee 28, 13
101 July 28,14
92 144June 26, 13
8954Aug 3, 06
95\4Jan 7,138
97 July 9,12
113 %Feb 28,11
112 Nov 3,11
-8014Dec 28, 07
82 Mar 27, 08
100 May 28, 08
78. Dee 30, 14
Last Sale.
104 WYApr 27, 15
10234Jan 2,15
- 88 %Apr 15,15
98 Mar 16, 14
9284Apr 27, 15
9114Mar 20, 15
65 Apr 26, 15
63 Mar 16,15
90 Jan 21, 34
111 iar 12, ib
112 Feb 8,07
107 %May 21, 14
129 5May 22, 09
70 Feb 6,15
93 May 5,14
i6634sune is, id
104 34May 13, 14
27, 15
,
27, 15
26,15
104 Apr 22,15
914%4Apr 26, 15
93 4 Dee 20, 09
86 Apr 23, 15
1001{Mar 3, 15.
95 Apr 27, 15
8634Apr 27,15
97 July 11, 14
101%Apr 5,15
100 Apr 14,15
84\Apr 17, 14
84 44Mar 238, 15
99 Apr 26,15
83 Feb 8, 15
84 . July 28, 14
9214Feb 24, 15
95 July 6,14
9614Mar 16, 15
102 May 2,14
“97 Apr’
100 Apr
99 %Apr
97 %Apr
98 Yan 21, 15
104%%Apr 27, 15
108 Mar 17,15
63 Apr 26,15
28 Apr 26,15
ior May 23, 14
Feb 20, 14
38 May 138, 14
40 Dec 80, 18
99 WJuly 18, 11
101 July 18, 11
65 May 7,14
60 Mar 9,14
‘98 54Apr: 15, 15
91i%Apr 7,15
954Jan 7,13.
97 Jan 28, 13
118%4Jan 81, 12
112 - Jan" 6. 12
87 Apr 16,15
82 Mar 27, 08
103 Jan 2,15
80 Apr 23, 15
TITLE OF BOND AND RATE. Ine.
Pitts McKeesport &Y 1st gtd 6s 1932. 4.60
2d gtd 68 1934................. 4.87
Pitts Shenango &L E Ist g 58 1940.. 4.61
Ist con g 58 1943............... 14 42
Pitts Va&Charl Ry 1st gtd g 4s 1943
Pittsburg & West Ist g 4s 1917..
Pitts Ygstn & Ash Ist con 5s 1927.
Providence Secur 50-yr deb 48 1957 7.14
Provid & Springfield Ist 5s 1922...
Providence Terminal Ist 46 1956. ..
21
4.35
4.81
GO: LOB ii isicsigncs crmiscses + 4.14
Rensr & Saratoga Ist 78.1921. 6.17
Richmnd &Danv deb 5s: stamped1927 4.86
Richmd&Mecklenburg lst g 4s 1948 ne
6.50
TL
5.44
6.90
Rio Grande Junct Ist gtd g 5s 1939.
Rio Grande Southn.1st mg 4s 1940. .
do guaranteed 1940.......... 5.
Rio Grande Western Ist g.4s 1939.
mtge & col tr g 4s ser A 1949.... 6.90:
Rochester. & Pittsburg Ist g 6s 1921 5.64
con Ist g 68 1922............... 5.37
Rome W & O g con Ist ex 5s cou bd
cnr 1922 co nenuan ae peoneea wie 4.85
Rome W & O Ter R Ist gtd g 581918 4.81
Rutd Canadian Ist gtd g 4s 1949... 4.3
Rutland R R 1st con g 448 1941..... 5.00
Saginaw Tusc & Hur Ist gtd g 481931 ..
St Jos & Grand Is Ist g 4s 1947. 5.29
St Lawr &Adirondack Rylst g 581996 4.95
"2d g 69 1996.......... eee 5.02
St Louis & Cairo gtd g 4s 1931.... 4.
StLIMt &S gen cen ry &lgt g5s1931 5.07
gen con stamped gtd g 5s 1931. 4.90
StLIMé&S 3 unifying & refndg g
4s ae Soden IAAT Se OeRBR toiees 5.97
GO. POR 55 es Hers ot ested chine 4.94
Riv & Gulf divs 1st g 4s 1933.. 6.06
St L Merchts Bge Ter gtd g 5s 1930. 5.00
St eee. & Northwnistmg gtd5s1948 4.72
St 1 & San Fr ny gen g 6s 1931. 5.53
gen g 58 1931
‘do
_ Bankers tr Co Ctfs of Dep
ig #0, stamped..,.........
’ ‘Southwestern div g 5s 1947.
Formadiny g4s1951........
‘do
‘Cent Tr ctfs of dep stamped..... ....
-do unstamped............... +...
st Louis Southn Ist gtd g 48 1931.. 4.08
St L Southwn Ist g 4s bds certfs 1989 5.09
2d g 4s inc bds certfs 1989...... 7.27
con g 48 1932...............006- 6.43
St Paul & Duluth Ist 5s 1931..... 4.90
24.58 1917 cies eis gage ee aes 4.98
Ist con g 48 1968............... 4.60
Ue ee Ist mge 4 14s 1941. 6.92
St is Minn & Man con mg 4s 1933.. 4.21
tet oe = G8 98S ci iis emrieniead ae 4.99
Toes ede Nesom artnterse-aptats aia) 3 5.08
g 6s red reduced to 44s 1933....... 4.47
CO FOC ase cterstan rampremeig “Sarste
Montana aaa Ist g 48 1937..... 4.26
"G0 Felice Semen usar t Gene 4.28
Pacific Eat steri’g gtd 4s LeAO: 4.82
StP &N Pac geng6s 1923....... 43
HOP CUB 5 6. oes vies ameviedlee deice 5.19
St P & Sioux City Ist g 6s 1919. .. 5.68
San A & Aran Pass Ist gtd g 481943. 5.29
oALT PAP Pee
SSOHNaAN
bir eorTe Reto
eee eae
Ppa waco
aBwoS ANANGHOW
Poop Oo;
AopR AD BENOwOD:
TASqik Onroad:
Pras
rgeg
+ won:
- Ano
4.13
5.13
7.20
8.16
4.82
4.91
4.67
60
SPPRPRAD RRRD ADS
AANA: Roaw- P-
Woe Motw: wa:
ANUARY 1, 1906 to APRIL 27, 1915.
Highest.
103 4Jan 28, 09
5.02. 101° Nov'20, 08
- 110 Feb 25, 09
90 July 15, 07
99 %Dec 16, 14
83 54Peb. 26, 14
10254Jan - 9, 06
101}4Jan 6, 06
101 14Mar 17, 06
97%Oct 10,11
133 4Dee 21, 06
1144Feb 13, 06
75 Oct 7,08
109 Dee at 12
80 Apr 19, 09
85 Mar 12, 08
124
128 VFeb | 23, 06
118 Mar 3, 06
104 June13, 10
95 Feb 26, 07
103 Sept 16, 08
97 Apr 20, 09
122 Jan 18, 06
125 Feb. 3,08
98 \4June 5, 06
117 $4Jan_.20, 06
111%Apr_ 6, 09
938 34May 28, 06
8634Mar 2,11
96 Feb 28, 06
111 June 22, 06
107' June 17, 14
128 4Nov 28, 06
113 %4Jan 26, 06
9614Feb 16, 09
9134May 17, 09
5 oo Bee 13
15
1oiiareb vy, 11
-89 Jan 27, 09
80 34Mar 30, 11
9934Jan 23, 06
89 June 7, 06
844Apr 19, 12
117 ysuly 18, 07
110’ Feb 27, 06
100 %4Jan 10, 06
914Apr 15, 12
187 4Jan 31, 06
134 Dec 17, 06
112%4Jan 27, 06
104 {Jan ‘18, 06
10014O0et 3, 06
* 92 54Mar 28, 11
125 Apr 3, 06
120%Feb 15, 09°
124 %4Feb 14, 06
92%%Feb 11, 09
943
Lowest.
180 14Jan . 28, 09
128 Oct 25,11
107 4Dec 28, 07
113 4WNov 24, 11
88 4Oct 14, 07
109 May 23, 10
55 Apr 17,14
- 9974Dec 16, 14
83 54Feb 26, 14
86 14Oct. 28, 07
90 Feb 17, 08
85 Oct 26, 07
95 Sept 17, 12
113 %Jan 28,15
92 June 12, 08
T= Mar 13,11
97 Feb 8,08
614Apr 26,11
70 Dee 20, 12
70 4Mar 16, 15
58 Mar 19,15
107 %Jan 28, 15
1084Aug 5,13
101%4Jan 18,15
104 June 13, 10
85 Jan 8,08
90 Apr 14, 13
7514Dec 10, 138
101 Mar 24, 15
119 44Mar 21, 12
87 Jan 14,15-
97%Dec 7,14
100 Apr 1,08
63 %Jan 14, 15
78 Jan 19, 12
65 July 30, 14
100 ‘Mar 6, 15
10134Dec 11, 14
105 June 3,13
93 Junell, 13
72 VJuly 25, 18
27 YNov 30, 14
31 {Dee 18,14
2814Dee 12, 14
+98 Dec 12) 13
-59%Dec 2, 14
79 Sept 6,10
56 Dec 2, 14
-5834Dec 2,14
97 Mar 28. 07
74 Nov 30, 14
55 Feb 26, 15
54 Y4Nov 23, 07
102 Feb 27, 15
100 Ovt 15, 07
87 Feb 6,14
65 Apr 8,15
118 June10, 13
117%Aug 9,13
100 Dec 14, 14
92 July 21, 13
94%Apr 2,14
92 14Nov 28, 11
8,138
115 May 26, 09
104 Dee 21, 14
70 Oct 29, 07
Last Sale. ~
1304Jan 28, 09
123 44Mar 28, 12
108 May 21, 14
113 4Nov 24, il
96 34Mar ii, 14
109 May 23, 10
56 Apr 5, 15
99%%Dec 16, 14
83 5%Feb 26, 14
95 Apr 27,15
92 Apr 9,15
92 34Apr 22, 15
96)4Jan 28, 13
11334Jan 28, 15
73 %Apr 26,15
58 Mar 19,15
107 Y%Jan 28,15
111 4July 24, 14
103 Apr 7,15
104 June 13, 10
92 June 2, 09
90 Apr 14,13
98%%Apr 27,15
102 July 16, 14
pr 23, 15
80 KOrt 22, 12
66 Apr 27, 15
100 Mar 11; 15
106 Apr 21,15
108 4%Apr 12, 15
100%Apr 22, 15
75 July 20, 14
47 Apr 27,15
49 Apr 18,15
45 Apr 27,15
93 Dec 12,18
69%Apr 17,15
80 34Mar 30; 11
63 Apr 27,15
71 14Mar 31, 15
ia ae
ir .
i ide aes
62 pr .
102. Feb 27, 15
1004%4Jan 23, 15
87 Feb ‘14
65 Apr’ 9,15
1204Apr 24, 15
118 Apr 27, 15
100 %Apr 14,15
s4AD
115.34Aug 1
105 44Mar 28 15
“75 “Apr 24, 15
TITLE OF BOND AND RATE. Inc.
San Fr & Nor Paclst sk fd g 581919. 5.00
S Fe Pres & Phoenix Rylst g55 1942 4.85
Savan Florida &Westn 1st g 6s 1934 5.22
‘Ist g 58-1984... ee -51
Scioto Val & N E 1st gtd 2451989.. 4.44
Seaboard Air Line Ry g 4s 1950. 5.33.
stamped 1950............00 eee 4.
» reg
adjustment: mge 58 1949.
refunding 48 1959:..........
Seaboard & Roanoke Ist 5s 1926...
Sher Shreve & So Ist gtd g 5s 1943.
Sil Spgs Oc&G RR&Id g gtd g481918
Sodus Bay & Southn Ist g 5s 1924. .,
So Pac = is 4s (Cent Pac coll) 1949.
-do 4
So Pac of Cal 1st con gtd g 5s 1937. 4.92
So zee RR Colst ref mg gtd s 451955 ree :
Southn Pac Co 20-yr conv 43 1929". 4.80
TEC nsec: fed eee Fo 4 PRO 8 de 4.17
aie conv 58 1934............ eae
si geht a be ah eNoueg bee ioses bas Tape ys see oy EAS oll
Souther Railway 1st con g 5s 1994. a
dev & genmge 4a series A'1956. | 5.97
C CE) ee 297
Bromphis div 1st g 44s-5s 1996.. 5.01
GO. FOB esha vis rena wis sssensies tax ae
St Line. div st g 48 1951.
do reg
South Carolina & Ga Ist g 5s 1919.
So & Nth Ala con gtd g 5s 1936.
gen con mtge guar 50-yr 5s (not
Fed inc tax exempt) 1963......
reg
South Pac Coast Ist gtd g 4s 1937...
So Pac San Fr Terminal 1st 4s 1950.
Spokane Int Rylst mg50-yr 5s 1955.
Staten Isl Ry N Yist gtd g4 14s 1943
Sunbury & Lewistown Ist g 4s 1936 ....
Superior Short Line Ist mg 5s 1930. ..:.
Terminal Asn of St L lst g414s1939. 4.52
1st con g 5s 1894-1944. ......... 4.95
gen refunding skg fd g 4s 1953... 4.77
Os- ROG). 86-5 goss ee oe es acs
Texas & New Orleasn con g 5s 1943 5.21
Tex & Ok 40-year Ist gtd g 53 1943. 5.02
Texas & Pacific Ry Ist g 5s 2000... 5.35
2d g income 5s 2000............ ....
Louisiana div B L 1st g 58.1931... 5.26
Toledo & Ohio Cent Ist g 5s 1935... 4.87
.Western div 1st g 5s 1935
gen g 5s 1935............
Toledo Peoria & Westn Ist g 4s 1917 ..
Telede StL & W prlien g 3 4s 1925
rr he ore reer rere.
Tol StL & Wn fifty-year g 4s 1950
do re
coll trust ser A 4s 19
Tol Walhonding Vy - 0 ta gtd bnds
4s series A 1931 4
416s series B 1933..............
Be sosss yensonie eacatetine ke oitae
4s series C 1942................ 4.28
Toronto Hamil & Buff Ist g 4s 1916 4.85
Ulster & Dela Ist con g 5s 1928.... 5.00
Ist ref g 49 1952................ 6.41
Union Pac Ist R R & Id gt g 4s 1947 4.14
FOG ie icie ss saree: Gig hs icacmapsnnls S06! ouaienegt 4.23
20 ee ae 48 1927..... 4.39
BD ces china < reectnd RN A Lean 4.40
1st & ret 49 52008 ssscis 5:0 decimate 4.40
GO FCGeiis oie cece eos awed x 4.26
UnNJ R fe & Canl Co gen g 4s 1944 4.05
Utah Central Ist gtd g 4s 1917...... 4.44
Utah & Northern g 55 1926........ 4.63
lst mtge extd at 4% 1933........ 4.03
Utica & Black River gtd g 49 1922.. 4.12
5.00
4.80
JANUARY 1, 1906, to APRIL 27, 1915.
Yield. i
Highest.
104 Oct 9,09
113 Jan 21,09
132 %4Jan 130, 06
114. May 28,09
103 Apr 7,06
92 Jan 17,06
90 Jan 4; 12
841,Jan'* grid
83 Jan; 2;12
110. May.22, 06
110%Apr 22, 09
38 YeApr 5, 06
98, Feb 7,13
95%4Feb 7,13
119 Jan 3! 06
97 44June 26, 06
95 Apr 19,11
107 Aug 16, 09
96 Mar 4,-12
103 Feb . 14, 14
98° Mar: 9/15
119%Feb 15, 06
117 %Jan 25, 06
85 July 15, 09
79 Mar 9,12
11944June 8, 06
118 Feb
115 4Feb 10, 09
5, 06.
105 Apr 1,14
"91 14May ‘3, 09
93 4Feb . 6, 11
107 Sept 28, 09
95 Nov 17,11
112 Jan
120 %Feb
100%
110 Feb 23° 06
115 4Feb 9, 06
112 June 17; 09
109. May 25, 06
94 14May 16, 12
9234Dec 29, 08
86 May 13, 07
88i4Jan 15, 09
58 Dee 31,18
86 Feb 1,10
103 Aug 8, 07
' 1023%,Nov_ 7, 12
95540ct 8, 12
95 Dec 31, 06
1134 Feb 19, 06
9414Aug 13, 06
106%Jan 9, 06
106%Jan 17, 06
1244 Aug 16, 09
114 Nov 1, 09
100 June 1, 09
94 Apr 6,14
1064July 22, 09
90 Apr 16,14
110 June 27, 06
99%{July 8, 09
104 July 24, 06
944
owest.
99 34Mar 25, 15
101 4Nov 30, 14
111 4Mar 23, 08
110 4May 25, 11..
84i4July 1,13
43 4gMar . 2, 08
78° Jan 14,15
"5934Feb 23, 18.»
66 Feb 3,15:
& :
100 %Dee 16,14
96 May 9,1
93 4Aug 31, 07:
70 Oct 29, 07
84 June 1, 07
101 4June 11, 13
82 Nov 23, 07
93 YAug 29, 12
19i%4Dec 26, 14
96 ar 4,12
94 Dec
98 Mar 9; 15
a a 7,08
100 ug 8,13
Noe 238, 14
Jan 27,15
Apr 22, 08
oo
Nov 13, 07
1054Feb 10, 1
98%4Dec 3, 14
"8814Apr 22, 09
77%4Feb 24,15
96 14June 23,14
91 June 6, 12
98 Nov 24, 13
97 Nov 30, 07
83 Mar 10,15
9514Jan 28, 08
97 Jan 6,14
93 Apr 27,15
49 Sept 14, 12
95 May 21,14
100 Nov 25, 07
101 Aug 26, 13
95 Dec 6,07
63 4Apr 12,15
Nov 22, 07
May 13, 07
Dee 24, 14
Dee 31, 13
June 15, 14
97 Aug 5,07
9814June 24, 14
93%June 9,14
8214Mar 19; 15
100 June 15, 10
74 Jan 24,14
92340ct 30, 07
93 Nov 22, 07
78%4Oct. 24, 07
91 Feb 21,14
88 Dec 24,14
94 Apr 6,14
9834Feb 19, 15
90 Apr 16, 14
105} Tue 3; 07
99%%July 8, 09°
95. Dee 27, 13 -
100 Apr
101 4%Mar
Last Sale.
9, 15
103 Feb. 3,15
‘115 Dee 18, 14
110 May 25, 11
-90. Mar 3,15
75 Dee 17,14
80 4Apr ae 15
:663ZApr ‘34, 15
6944Apr 20; 15
3,.15
96 May 9,13
97 }4Mar 11, 15
85%Apr 27,15
-90 -Feb 9,14
101 4Nov 11, 13
8844Apr 27, 15
9344Aug: 29, 12
Hagen 27,15
96. Mar 4,12
101 Apr 27,15
98 Mar 9,15
100 Apr 27; 15
103 WApr
67 Apr
67 Jan-
99 %Apr
101 “Ap ic
105 34Feb 10, 15
“102 Apr
"91 148ept at: 12
8144Apr: 27,15
96-4June 23, 14
91 Ju une 6, 12
wee eae 27, ae
83 “(Mar 23° 15
96 Apr 24,14
9914Jan 18,14
93¥Apr 27,15
51 Nov 12,12
95 May 21, 14
1024Apr 27, 15
101 Aug 26, 13
101 }4Apr 17, 14
Apr 15; 15
Apr 10,15
May 18, 07
Apr 20, 15
Dec 31, 13
June 15, 14
99 July 28, 14
98M4June 24, 14
934July 16, 14
823¢Mar 19, 15
ae “8 27, 15
O63¢Apr 27,15
9444Apr 14, 15
9144 Apr: 27, 15
91 Feb 21, 14
907%%Apr 22, 15
94 Apr 6,14
983, Feb 19, 15
90 Apr 17, 14
108 May 26, 11
99%%Aug 5, 09
97° Feb 3,15
TITLE OF BOND AND RATE.
Vandalia R R con g 4s ser A 1955...
SOB is diane 3 cewecian saa acres es,
:con 4s Series B 1957............, 4.33
Vera Cruz & Pac Ist gtd g 434s 1934 4.79
Verdigris Val Ind & W Ist g 5s 1926 5.40
a Midi serial C 6s 1916...... ns
Go smalls ois ss se eis 2 oo spoy Rie wi
ay fer per | D 4-58 1921.......... 4.82
>: « MAM st 056-8 se sezyiis eed fi apney desis
do see 5 BE AGZB eg eee os mene 4,90
do small.................... 6 25
do ser F 581931.......... 4.81
Bem SS NOSIS a his oP evecesicia pe 9 te aatae 4.83
Virginia & Southwes | Ist gtd 5s 2003 4.95
eo 50-year 58 1958.......... 5.78
Virgn Ry Co 1st mg 50yr 5s ser A 1962 5.21
Wabash Railroad Co Ist g 5s 1939.. 5.00
2d ¢'58 1939... seen ae cnc ees 5.49
debenture series B 6s 1939....... 6.67
1st lien equipment s fd g 58 1921 5.56
1st ae ore yr g term 4s 1954. 6.15
tol ret de ‘an ext 50-yr 4% 1956...... wa
ORO Be seats aeapices a.atyancns aoe w eau’ ore
‘do Cont tst Co ctfs of Dep.. ait &
do stamped... 5. csci ccc cee ses
_Equit Trust Co. ctfs of dep...... ....
do stamped................. wes
do unstamped...................
Det & Chic Exten Ist g 5s 1941... 5.00
Des Moines div Ist g 4s 1939.... 5.00
Omaha div Ist g 3148s 1941....... 6.36
Tol & Chic div Ist g 48 1941..... 6.01
Wabash-Pitts Terml Ry Ist g 48 1954 ....
Cen tr cts & Old Colony trets.... ....
Colum Trst ctfs of dep........... . ale ¥
Colum Tr ctfs for Cent Tr ctfs.... ....
2d'g'45 1954s ccc peecined 5 8s Kom lee
Guaranty Tst Co ctfs of dep...... .
Warm Springs Valley Ist g 5s 1941......
Warren Rd Ist rfdg gtd g 314s 2000. ....
Washington Centl Ry 1st g 4s 1948. 4.91
Wash Ohio & Wn Ist cy gtd 48 1924 4.35
Washington Term Ist gtd 314s 1945 4.28
Peg UO G ies secon wncp 5 eMelioans ieoa oa elects
1st mtge 40-yr gtd 45 1945....... 4.00
Weatheta M W & Nw Ry Ist gtd 5s
Western Maryland Ist g 4s 1952....
Western N Y & Penn Ist g 5s 1937.
gen g 4s 1943.
ine g 56 1943............ 000 eaee
Lied Shore Ist 4s gtd 2361
Wheeling & L Erie Ry Ist ‘g 5s 1926
Wheeling div 1st g 58 1928....... 5.
Oxt © Unt e S68 i aes any vee a oe
Wheel & L Erie RR ‘Ist con g 48 1949
20-yr equip s fd g 58 1922........ 5.
Wilkesb & Eastern Ist gtd g 5s 1942
Wilmas & Sioux Falls Ist g 5s 1938. 4.78
Winstn-Sai So Bd Ry Ist mg 4s 1960 4.76
Win & St P mge Ist gtd ext sf 75 1916 6.58
ie Cen Ry 50-year Ist gen g 48
Wor 7: Conn Eastn Ry ist 4348 1943....
U. 8. GOV’T SECURITIES
United States con a re 1930. 2.03
con 2s coupon 1930............. 2.02
con 2s reg small bende 1930.03) 0...
con 2s coupon small bonds 1930.. 1.95
3s reg 1908- le ENN E eho ss 2.96
coupon 1908-1918............... 2.95
3s reg small bonds 1908-1918 . Sige
5.81
Yield.
4.37
eS
o:
o:
PHT
ie
RoommMPoMw: AAS.
UE
< opie
1 DARPOMASCHA. GOA.
ee
& wo:
So RO
JANUARY 1, 1906, to APRIL 27, 1915.
Highest.
105 Jan 16, 06
99 Dec 7,09
98. Sept 13, 06
10714Apr 13, 06
10044Mar 2,15
10834 Mar ‘to, 10
11414Jan 16, 06
117144Jan
100 June 9, 09
100 Feb 4,14
11644Jan 30, 06
109 Jan 80, 06
101. July 7,09
104 Apr 13,11
93 Mar 9, 06
71 June 26, 12
6934June 25, 12
70 June i18, 12
6954June 28, 12
11154Nov 21, 06
9114June 14, 09
8534May 1, 06
ehasune 25, 07
90144Feb 1, 06
56 Nov 23; 08
50 June 20, 11
93 May 9, 06
9644Jan 19, 07
Foyt 17, 09
“88543an 24, 06
118 Mar 2 06
9754Jan 30, 06
34 Feb 1,07
109 Jan 26, 06
1074Jan 4,06
114 Jan 3, 06
93Jan 22, 06
9914Feb 6,11
113° Apr 12) 06
11634Feb 20, 09
95 Apr 28,11
113%Aug 5, 11
96 Apr 21, 09
9454May 8, 09
109 Nov 8, 07
10614 Mar 12, 07
10244Nov_ ZL , i2
103 %Apr
1044 Mar 26 26, 08
9, 09°
Lowest.
93 Apr 8,138
9214 May 28, 14
90 June 20, 11
9214Dee 31, 13
100/4Mar 2,15
Mar 24, 13
» Aug 28; 08 .
99 Jan 7,08
8614 Dec 30, 13
954%Dec 9,14
9614Dee 1,14
8414 Mar 23, 08
37 Mar 2,.08
897gMar 1,15
565 Mar 16, ns
“46° Dee-. 8,. i3
2034 Mar 30, 15
Mar 30, 16..
Jan 20, 16
Tis
Dec: 30; 10
Apr am 15
Feb 24, 16
“Bode 1¢. 15
Jan 6,15
| 6M May 19, 14
614 May 18, 14
WJune 5,14
MWduly 20, 14
8134Dec 2,13
90 Mar 11, 12
804%Dec 2,13
"5,15
1064 duly 2,14
T2U4Nov 22, 07
8414Feb 8,15
9534July 29, 13
9634May 1,14
101'" Oct’ 28, 12
99%4Dee 1, 14
100 Dee 10, 14
Last Sale.
93 Apr 8,13
9214 May 23, 14
94 Oct 17,12
9214Dee 31, 13
100144Mar 2,15
96 Apr 27,15
100. Apr 26, 15
91 Apr 27,15
90. June 26, 12
897%Mar 1,15
65- Mar 16, 2
“501; May 25, 14
22i¢Apr 8, 15
23 Mar 30, 15
22%Apr Bb 15
100 Apr 7,15
80 Aug 22) 12
55 Apr 26, 15
6634Mar. 9,15
834Apr 14, 15
73% Apr 26, 15
8 Mar 31, 15
1131/Feb 17; 05
102. Feb 2, 03
pla Des 2; a
92 June 2,
8134 Mar 19, is
100 Oct 23, 12
106% Nov 7, on
ar 15
27,15
1; 07
23,16
23,15
Apr 238, 15
. 9YZNov 7, 18
92 Apr 20, 15
65 Apr 21,15
BARRE 30, 14
86 Apr 8,15
1044%4June 20, 13
115 Apr 24, 96
84. Apr 23, 15
1064July 2,14
8654Apr 27, 15
85}4Apr 26, tf
oS
a
oN
>
3
lad
984Apr
9854Feb a3 ig
10214Nov ‘1, i2
10134Apr 8, 15
101%4¢Apr 13, 15
TITLE OF BOND AND RATE. Ine.
Un St 3s cou small bonds 1908 -1918 Z 97
de reg 1925 oo ce eke raes ee ee ne
4s coupon 1925................. 3
Pan Canal 10-30 yr 2s reg 1936...
‘do coupon small 1936
do . reg small 1936.
do 10-30 yr 2s reg 1!
3% Panama Canal loan due 1961. ao
HMO ones: ayes ibe cog Fie gettaud. ude See msaigtoues dy) Wats .
District of Columbia 3-658 1924... . 3.32
ra DONS»... i552 os Kaas Rew ee Se
Phil fl Isiands land pur 4s 1914-1934. 4.60
‘publ works & imp reg 4s 1935.... 3.68
4% Pub W & im 10-30yr reg bds
(986s rns sae aaes sheet Asa OM & ite
FOREIGN GOV’T SECURITIES
Argen Rep 5s inter Ioan of 1909 1945 5.32
Imp Chin Gov 5% Hu-Kuang Rwys,
loan of 1911 1951 5.53
Rep of Cuba g 5s ext debt 1904-1944 5.18
POS 1944.55 -5s some aarigniging @ «og - 4
.g 44s exter loan 1949
- Exter debt 5s of 1914 ser A 1949.. z 33
# 0. TOGes eevee soe ces ee wee we ee
Domin Rep rou Adm s f 5s 1958. 4.98
Frankfort-on-the-Main, Germany, Bt) 8
loan 344s series 1,1901.............
Imp Japan Gov 414s ‘ster loan 1925.. 5.69
-do German stamped......... 5.84
second series 1925.............. 5.70
do German stamped......... 5.75
Imp Japan Gov 4s ster In cou bearer .
Dds 1981s os cis os seein cone 94
Prov of Alberta Dom of Can 10-year
coupon deb 44s 1924........... 4.71
Russian Gov State 4° Rente...... ....
US a Mex Exter gid In of 1899 sf 5s
OSA. sas cine we xcasis eres s sansen tard secures 6.31
U S of Mex 4s gold debt 1904- 1954. 6.15
City of Tokyo (Japan) 5% Joan of
19120195 2) ise atonal He Re 10
N. Y. STATE SECURITIES
N Y State Cnl Imp Bds (Erie, Oswego
& Champ Can) 4% Canal Imp due
_ 14960): 5 neces 6 ones co oer .99
aug REM AS Shuai a on Reg Sas 3.99
as ‘Canal Imp due Jan 1 1961..... “i 01
a gene Imp due July 11961... 3. 94
a due Jan 1 1965.
lo
(Cayuga & Seneca Canals)
4% Canal Imp 1960
re
do
Yield.
4.00
3.52 --
6.45
6.38
6.25
wDOSweo
OaRoo
DPR R ee! OPRwe
* ooownw-
+ POOR:
<<
/o
38
04 11834June 19, 09
Highest.
10434 Mar 28, 06
1314Aug 31, 06
4, 06
10134Feb 10, 09
-1031% Mar 25, 13
102%Apr 11, 138
118 Junel2, 06
111 May 8, 06
1083(Feb 26, 06
100. July, 22, 12
99 July 31, 11
957%Apr
7934Jan
93 Jan -17,11
95}4Jan 16, 15
101.44 Mar 22, 06-
974gMar 12, 10
95 Apr 10, 12
10644June 2, 11
102 Mar 19, 12
104 Sept 28,.11-
10234 Mar 25, 12
-103 Jan ‘25, 12
10234July “7, 14
101144Feb‘ 19, 18
110%4June 3,14
11014 July 9 14
10434 Apr 26, 15
1014Feb 10, 13
1014{Aug 27, 12
10644 May 6, 10
97 July 12, 18
108340cé 10, 11
946
owest.
10034July 15, 14
108 Nov 28, 14
109 Oct 6,13
95l4July 28, 13
102}4Jan 15, 09
9634Sept 27, 13
991gAug 2,13
99 Dee 11, 14
110 Oct 28, 08
93 Feb 2,15
85 June 9,13
9314Feb 15, 16
98 Nov 6,07
8514Mar 17, 15
92 Mar 3 15
7874Mar 18, 15
17 Feb 16,15
71754Mar 15, 15
73 44Mar 2) 15
75 Oct 28, 07
9544Jan 16, 15
77 Apr
65 July 1,14
"82 Jan 15,15
9934Nov
9734Jult 17, 13
100 Nov 26, 12
101} Aug 2%; (12
100 Jan 14, t6
97 July 12; 13
97. June 24° 13
- 10834Feb-
2 Tape
JANUARY 1, 1906, oe ey 27, 1915.———_-—_——
Last Sale.
101 Jan 7,15
1094%Apr 5,15
111 Apr 21,15
964Sept 27, 13
10214Jan 15, 09
97 June 26, 14
10134 Mar 26, 15
1015gApr 20, 15
110 Oct 28, 08
100 Feb
26, 06
94 Mar 17, 15
88 July 22, 14
- 24,15
4,13
8544Mar 18, 15
33ZApr 13, 15
75 Mar -8,:15
77 Apr
7614 Apr
77 Apr
95lgJan |
1914 May 16, 14
65 July 1,14
82 Jan 15, 15
100%Apr
100%Apr
993%%~Apr 1,15
997%43an
1014Apr 16, 15
i00%%Apr
10144 Feb
9934Jan
10014Feb
1014 Aug 27, 12
10034Feb
97 - July 12; 13
100MApr 15, 15
TITLE OF BOND AND RATE. Ine.
NY 4% due Mar 1 1961 reg....... 8.92
4% Hway Imp due Mar 1 1962... 3.98
do re; 3.99
STATE SECURITIES
Alabama cur funding 4s 1920....... ....
North Car construction 6s 1919
South Car 434s 20-40 1933...
vie fund debt 2-3s of 19
és deferred cts issued of 1871. s
do Brown Bros & Co cts do. :
State ‘‘Riddleberger” bonds 1932...
COAL AND IRON
Buff & Susq Iron Co Ist sf 5s 1932.. 5.43
Cahaba Coal M Co Ist gtd g 6s 1922 5.94
Clfd Bit C Cor 1st s fint gtd g 4s ser
ANGE ace oscrtee iecoe Miata 6 oh gah ice Ronis peat
small bonds ser B............... 21+:
Col Fuel & Iron gen fd s g 58 1943.. 5.54
Col Inds 1st mtge & col tr gt 5s 1934 6.89
registered............. 0.000 e cee eee
Cons Coal 40-yr Ist &ref mg sf5s1950 5.66
Cons Ind Coal Co 1st 30-yr sf 5s 1935 6.85
Contintl Coal Ist s fd gtd g 58 1952.. 5.04
Grand Riv Coal & Coke 1st g 6s 1919 6.00
Jeffan & Clearf Cl & Irn lst g 5s 1926 .
2nd mtge g 5s due 1926.......... 5.56
Kanaw & Kk C&C Ist gtd sf g 58 1951 5.38
Lehgh eae. con sf 4 4s Ser A 1954 4.57
registered............. 5.00.2 005 esas
Theses Viy Goal Co Ist gtd g 5s 1933. - 2B
Pleasant Vy Coal ist gskfd8s81928....
Pocahon Con Collier Ist s f 5s 1957. 5. 68
Roch & al C &1 Helvenia pur my
BS 19NG iiss canes peo eed SOM tte lees
St L Rocky Mt&Pac aT Ist 58
Banker’s Trst Co cfs o
Sunday Creek 39-yr col trs ot 5s a 6.41
Tenn Coal Iron & R R gen 58 aie 4.95
Birmingh div Ist con 6s 1917..... 5.89
Tennessee div Ist g 6s 1917..... 5.91
Utah Fuel Co 1st s fd g 5s 1931.
Victor Fuel Co 1st mtg skg fd 5s" 1953 6.85
Virginia Iron Coal & Coke 1st 58 1949 5.88
GAS & ELECTRIC LIGHT
Atlanta Gas Light Co Ist g 5s 1947. 4.92
Bklyn Union Gas Co Ist con g 58 1945 4.82
Buffalo City Gas Co. at g581947. ....
Coupon on (Oct 1913),.......... «1+.
Coupon off (Apr i3id) eke te CRM BOSS
Cal Gas & El Cor un & ref mge 30-yr
8 LOB acss 2 2. sesicu aieys, 0 sentecsyend 93 ace
Chic Gas Lt & Coke Ist gtd g 58 1937 4, 87
Columbus Gas Co Ist 5s 1932...... 5.15
Consol Gas conv 6s 1920:.......... 5.17
Con'Gas of Chic 1st gtd g 58 1936. 5.00
Detroit City Gas Co g 5s 1923..'.,.. 5.00
Det Edison Ist mg col tr 30-yr 58 1933 4.81
Detroit Gas Co Ist con g 58 1918... 4.98
Edison Elec Ill Bklyn Ist con g 481939 4.55
Edison Elec Ill N ¥ 1st con g 5s 1995. 4.59
MoBISONN De
WAGOOOIIND
“118° Apr:
Highest
102 Jan 8,12
May 21, 14
10434Apr 16, 15
0° 126° Mar 6, 07
109 44July 13, 08
9634Jan 19; 06
86 A ie ah 11
67 Mar 6,1
5.72 100 May 24,.09
Buff & Susq Iron 20-yr deb 5s 1926 6.25 7.64 '
5.84
99¥eNov 8, 09
110.” Nov 19,08 ©
105 Jan’ 22, 06
8534Oct 1,12
97" ” June 24, 11
94 Nov 4,09
99 4Feb 3,14
1025¢Apr 25, 06
105 4Dee - 5, 06
9734Feb 17,15
115 34Jan 19, 06
105° Oct 21, 18
82%Apr 23, 15
18 iloJan 18, 07
105 14Dec 23, 08
111 ‘June 20, 06
110 “Feb 20, 06
9314Feb 28,07
100 14Sept 25, 08
_102%Dec 3,13
113'4Jan 10, 06
80%4Jan 3, 06
96%%May 9, 12
107 Jan 3,06
97 Feb 10, 15
116 4%Apr 17,15
108° Feb 16, 06
104. May 28, 06
103 igune 26, 14
101° Mar 7, 10
98 4Mar 13, 06
‘2, 06
947
98 soua 2, ref
Lowest.
100 Feb 4,14
97 94duly 28; 13
-9834June 14, 13
10614 Dee 1,14
109 May 21, 14
104%Apr 12, 15
11434 Mar 28, 10
1024%Jan 22, 09
8134Sept* 8, 13
86 Apr 21,11
93144 May 2, 07
20 Jan 11, 06
90 Sept 4,13
74 Dee 9,138
101 Dee 12, 14
79 %4Feb 17, 08
35 Nov 25, 07
87 Dec 8,13
73 Mar 26, 14
95 Aug 16, 12
100 Sept 27, 09
108 aZOet 10, 13
105 Oct 21,13
75 Jan 7,15
69 14Dec 18, 06
pee ey i 07
4,07
97M Dee 18, 07
73 Apr 29,14
TTVYNov 6, 07
101 4May 22, 14
87 4Nov 21, 07
50 June 21, 13
90 July 30, 14
90 Nov 8, 07
‘95° Dee 16,11
109 Dec 23, 14
‘95 Apr ~4, 08
93 YJan 8, 08
99 June 20, 13
cone 19, 08
Mar 17, 08
108 Jan 26,14
——-- — JANUARY I, 1906, to APRIL 27, 1915,———_—_——
Last Sale.
102 July 29, 14
10034Jan 28, 15
100%Jan 30, 14
109%Apr 27, 15
10834Feh 25, 15
1043gApr 20, 15
111 Mar 20, 04
11434 Mar 28; 10
93%
92 July 3,714
80 July 16, 14
101 Dec 12, 14
90 4Apr 26, 15
72 Apr 27, 15
884%Apr 15, 15
73 Mar 26, 14
994Feb. 3, 14
100; Oct 21, 09.
107 May 22, 97
90 Dec 29, 14
93 Mar 28, 14
98 144Mar 18, 15.
1044%Feb 8,15
105 Oct 21,13
105 May 24, 00°
88 Apr 14,15
824Apr 23, 15
78 Feb 15, 07.
101 Apr 21,16.
101%Apr 9,15
101 4%Apr 20, 15
73 Apr 29,14
85° Apr 14,15
101 4May 22, 14
108 84Apr 26,15
50 June 21, 13
87 Apr 15, 15”
°109°: July’ 17, i
rITLE OF BOND AND RATE Ince.
Eq Gas Light Co N Y Ist con g 5s 1932 4.69
Gas & Elec of Bergen Co con g 5s 19495.00
Hudson County Gas Ist g 5s 1949... 4.85
Ind Nat Gas & Oil 30-yr ref 58 1936. 5.38
Kansas City Mo Gas Co g 5s 1922.. 5.43
Kings Co Elec Lt & Pr 5s 1937..... 4.81
Purchase Money 6s 1997........ 5.31
conv deb 6s 1922............... 5.28
do do 681925..........,..... 22.
5.
Lac Gas L C of St Louis Ist g 58 1919 4.93
refunding & exten Ist g 53 1934.. 5.00
Milwaukee Gas Light Ist 4s 1927.. 4.36
Mutual Fuel Gas Ist gtd g 5s 1947.. 5.00
Newark Cons Gas con'g 5s i948. 4.91
NY GasELH &P Ist col tr g 55 1948 4.90
purchase money col tr g 48 1949.. 4.75
NY & Qns Elec Lt & Pr 1st con g 538
1980 oi. bss c wameme ge ahanen & a nwe 5.01
N Y & Richmond Gas Ist g 58 1921.. 5.13
Pac Pr & Lt Ist ref 20yr 5s int ser1930 5.49
Paterson & PasG & El con g 581949 5.00
Peo Gas & Coke Chi lst con g 6s 1943 oF 23
refunding g 5s 1947............. 4.96
do re
?hiladelphia Co con vdeb 5s 1919 .
cony deb 5s of 1912-1922
lea dia i loialjceatne eMule a) anions 5.05
. 5.26
16
5.
jtandard Gas & El conv 5 f 68 1926. 6. eae Ie
Syracuse Lighting Ist g 5s 1951.
Lgt & Pwr col trust s f 5s 1954... E 84
[renton Gas & Electric Ist g 5s 1945 4.92
Jn Elec Light & Power 1st 5s 1932. Be 05
ref & ext 25-yr 5s 1933......... 5.62
Jtica Elec L & Power Ist s fg" 581950 4.88
Jtica Gas & El ref & ext mtg 5s 1957 4.98
Nchester Lightg g 5s stpd gtd 1950. 4.85
MANUFACTURING & INDUSTRIALS
im Agri Chem Ist conv 5s..1928 4.88
conv deb 5s 1924............... 43
im Cotton Oil deb 414s 1915...... ....
im Cotton Oil 20-yr deb 5s 1931... 5.35
im Hide & Leather Ist sf g 6s 1919 e 86
im Ice Securities deb g 6s 1925. 6.78
im Smelt Sec 15-yr sk fd 6s 1926. 6.71
im Spirits Mfg Ist g 6s 1915........
im Thread Co Ist 4s 1919..,...... oo
a Tobacco 40-yr g 65 1944....... eae
Guaranty Tr Co cfs of dep....... -...
g 4s 1951 és
reg 1951 .. 4.08
im Writing Paper lst s f 5s 1919. T14
twin Loco Wks Ist mge sf 5s 1940. 4.90
teth Steel lst extd gtd sf 5s 1926.. 4.97
30yr at In & ref mg gt 5s ser A1942 5.54
O Fe@s. ees saws es pases ea
entral ‘eather 20-yr g 5s 192: 5.06
‘onsot Tob 50-yr g 48 1951... 4-09
‘orn Prod ref 25-yr 6% af 193 5.26
1st mtg 25-yr s f 5s 1934 5.24
‘uban-Am Sugar 10-yr col tr 681918 6.12
listillers Sec Cor conv Ist g 5s 1927
| I Du Pont Powder 30-yr 4 %4s 1936
ten Baking 1st mg 25-yr 6s 1936...
reneral Electric deb g 314s 1942...
do deb 5s1952................
ten Mot 6s Ist lien 5-yr Notes 1915 = a
I Steel deb 4145 1940............ 36
idiana Steel 1st mtge 53 1952...... 5.01
aera Rand 1st mtge g 5s 1935.. 5.00
tternatnl Paper ist con'g 63 iia: : 5.95
cony sinkg fund g 5s 1935....... 6. oe
it Stm Pump Ist In 25-yr sf 5s 1929 .
TO Bias cteniaoaiens aaah Aeeranen ne RAED Amues
Yield.
PPO
+ DW: WHRaA: HA
- ARO SNe. AN
JANUARY 1, 1906, to APRIL 27, 1915
Highest
10634May 9,11
103 Sept 18, 12
108 Apr 24, 06
on KRMay 26, 09.
May 25,-08
May 26, 11
Feb 6, 06
Oct 29, 12
5. Feb 18, 15
108 4Jan 23) 06
104 34July 20, 06°
95 Dec 26, 06
101 34July 13, 09
1064Apr 22, 11
10934Jan 16, 06
92 Jan 18, 06
10414Jan 26, 06
1004%Dec 2, 08
95 May 9,12
102 July 22, 12
123 Feb 7, 06
107%Jan 3, 06
1038 Feb 6,09
116 June 6,11
98 , Nov 29, 12-
101 June 13, 12
_ 101 . Dee 11, 11,
86 May 18; 12
1014June 2,14
102. Jan 25, 07
10834Feb 7, 06
103 4July 25, 09
92 Apr 7,15
100%Apr 13, 15
96 %4July 25, 11
103 44Apr- 24° 14
94 ar 28, 06
106 Sept 26, 12
104 June 13, 06
95 June10, 12
“128 June 13, 14
121 84 May 22, 14
1214%4Jan 25,12
98 léJune 10, 14
98 June 23, 14
91%Aug 4,11
104 144May 11, 14
102 Apr 19,12
90M%Apr 27,15
102 Jan 26, 06
98 {July 20, 11
98 4July 2,14
94 %Jan 23) 12
100 Feb 4,0
97, Feb 1,11
98. Apr 21; 15
91 Vsent 177 06
94 14Sept 19, 12
95 84Mar 3; 13
90 Mar 16, 06
106 V4July 21, 14
10154Apr 13, 14
' 9234Apr 15, 12
102 May 19, 14
100 Oct 21,13
2° 11034Jan’ 26, 06
100 -Jan 3,06
97 Dee 31; 09
Lowest.
92 Dee 13, 07
100 Feb 25,13.
100 Dec 1,14
86 34May 11, 09.
91 Feb 3,1
100 July 13, 10
1, 8
rE
ae ‘1 14
96 ov 26, 07
96 54Dec 16, 14
88 %June 25, 13
92 Jan 14, 08
100 4%Jan 30,11
77 Nov 21, 09
65 Nov 13, 07
89 Aug 26, 08
97 wguly 20, Lr
88 34July , 16, 1
100 Jan. .7, i
104 Y%Nov 22, 07
89 Nov 20; 07
99 Sept 26, 13
95 Sept 15, 13
93 July 24, 13
88 14Jan ai 15
98 Aug 31,10
81 June 5,11
101}4June 2,14
96 Jan 10, 08
89 Jan 29, 15
96 Jan 6,15
99 YJuly 19, 11
100 - June 10, 10
June 11, 13
Apr 7,15
Nov 4, 07
Jan 2, 14
68 Nov 4, 07
584Mar. 10. 08
100° Sept 21, 11°
91 Jan 15, 08
82; Nov 15, 07
85° Oct 30, 07
85%Oct 25, 07
iter 31,11
a8 Oct 2,07
Feb 1 10, 15
100%Ien 25, 15
77 Feb 23, 09
1834Dee 23, 13
78 Nov 26, 07
98 84July 20, 11
53 34Oct 31, 07
57 Nov 11; 07
70 Jan 38,08
90 Mar 13,,13
90 July 17, ‘14
46 Mar 2,15
79 dune 11, 13
87 lgJduly 2,14
74% Apr 8, 15
101 YNov ah =
97. Oct
Bt Yduly 12° is
July 30; 14
3 Feb. 5,07
Nov 15, 07
June 26, 14
Dec 30, 14
Nov 1,07.
Last Sale.
ioe wOct ate 12
Feb. 25, 13
Mar 17, 15
10134Jan 13, 14
102 Apr on 15
844Apr 27, 15
ar Sasa 2009
Ly
Feb 19, 15
100 Jan 7,14
11434Apr 22) 15
100 %4Apr 22, 15
99° Sept 26, 13
95 ‘Feb 17, 15
100 Mar 25, 14
85 dune 28, 12
1014%June 2,14
99° Mar 18,.15
89. Mar 23, 15.
102 }4Mar 23, 15.
0 34Dee 30, 1
103° Apr 22, 15
102 YApr
92° “Apr |
100 Wiker
Apr
102 On abe
88 WApr
D’ 15
94 ere 26, 14
120 Mar 20, 15
12184May 22, 14
119 Sept 12, 12
97 Apr 5,15
98 June 23, 14
70 Apr 24,15
102. Apr 20, 15
100 8gApr 27; 15
904Apr. 27, 15.
98 34Apr 27; 15
98 34July 20, 11
97 %4Jan 29, 15
9434Jan 23, 12
95 Apr 27,15
ae Apr 27, 15
Apr 27,16
38 S%Apr 27,15
90 Apr 27,15
87 4July. 2,14
79 Apr 21,15
103 Apr 26, 15
10134Apr 16, 13
soiart Bet
pr
100 ‘Oct. 21, iB
100 %Apr 26, 15
79 Apr 24,15
50 Apr 26,15
TITLE OF BOND AND RATE.
Lackawanna Steel Ist conv g 5s 1923 5.40
_ist con mge 5s ser A 1950
do. 5s 1951.
Mex Pet Ltd ist lien & ref cnv 10-yr
G8 SersA 192s sci as ace esta anne
~ 10-yr lien & ref 6s Ser C 1921.
Nat eo & St ref 1st ri est s f 20- “yr 58
ise SETEAB EMRE ORY ERM ROE eae 5.36
Nat Starch 20-yr deb 5s 1980. .....
Nat Tube Ist mtge 5s 1952........
NY Air B Ist mt conv 20-yr 6s 1928 é 15
P ene TDG 5chcisiuiesaletitea ace ese
5.5
5.56
5.
Ry ‘St Spr 1st mgeos Latrobe plt 1921 5.21
Inter-Ocean P Ist mg s f 5s 1931. 5.46
Rep Ir & St lst mg & cit tsts {551934 4.81
10-30 yr sk fd mtg 5s 1940....... 5.36
Standard Milling 1st mtge 5s 1930.. 5.46
The Texas Co deb 68 1931......... 6.00
Un Bag & P Ist 25yrs f 5s 1930. 6.67
Stamped | ceded’ sacs indesenors otehage sed 5.47
U SRealty- & Imp con deb g 5s 1924. 6.76
US Red & Ref Ist sf 6s 1931..........
US Rub Baia coll tst s f 68 1918.
do. reg 1918. 2.62 5 ej eede sas 5.8:
U &: Steel ‘Corp 10-60yr gs f 5s 1963. t 80
Western Electric 1st mge 5s 1922...—4.97
Westingh Elec & Mancnv sf 5s 1931 5.25
10-yr 5% coll notes 1917. 5.01
STREET RAILWAY
Brey & 7th Ave Ist con g 5s 1943. os co
Bhlyn City RR Ist con 5s 1916-1941 ic a
Bklyn Qns Co & Sub con gtd g 58'19415.10
Bklyn Qns Co & Sub Ist mg 5s 1941 4.95
Bklyn Rapid Transit g 5s 1945 4
Ist ref cony g 4s 2002....
GO: FO 5 e6aie. 2 caseanayers sale arvigth Seay ste
gen 5s Secured Cou Notes 1918.. 5.00
Bkilyn Union Elev 1st g 4-58 1950
stamped guaranteed........
Chic Rys 1st mtge 20-yr 5s 192'
WD OG 5c cisecrscasensiaasvadziay a tucgaieande >
City & Surb R R Balt 1st g 5s 1922
ails & 9th Ave Ist gtd g 58 1993.
Cone Ry & Lgt 1st & ref g 4360 1951
on
stamped guaranteed.............- 4.67
Denver Cons Tramway Ist g 5s 1933 .
Detroit Unit Ry 1st con g 44s 1932. 6.04
Ft Smith Lt & Trac 1st mg 58 1936.. 5.95
Grand Rapids Ry Ist g 58 1916..... : 5.00
Hartford St Railway Co 1st 48 1930. ....
Havana Electric Ry con g 58 1952. 5.43
Hud & Manh Ist In & ref mg 58 Ser }
BVO BT... scsicosis abana ae sesnesverkie 6.53
_ adjust income mtze 58 195 sii See
cater: Met col tr g 4.148 1956 re
Int e Tr Ist & ref'm 5s (tax exempt
x el 1966 a6
reg..
Kings ‘Co Elevated R R Ist g 4s 1949 c "32
stamped guaranteed............ 4.85
Lex are & Pav Ferry Ist gtd g 5s 1993 4.95
Louisville Ry Co ist con g 50 1930...
Manhattan Ry of N Y con g 48 1990. 4. 49
TOG ooo eons od PRP ETRE SER LEDS Oe
Ine.
——— JANUARY 1, 1906, to APRIL 27 1915.
Yield.
6.20
SIDSOHRARORARS
0
9
9
1
9
8
8
3
0.
9
9
A;
4.62
Highest.
108 %4Jan 30, 06
88 4Apr 6, 11
127 June 15, 14
116%Dee 1,13
10214July 2,14
101 %June 12, 14
110 Apr 24,15
110 Apr 26, 15
97 }4Mar 10, 10
89 34Sept 16, 12
101 4%Apr 18,12
116 4Aug 10, 09
126 eJune 13, 14
102 July 9,14
96 Dee 17,13
1014Apr 24, 07
934Apr 16, 14
104 ar 10, 10
96 May 22, 11
91%Apr 6,15
° 106 Jan 12,14
98 July 12, 09
9714Aug 24, 09
99 Jan 20, 06
95 Sept 30, 09
106 July 13, 09
103 Y%Jan 26, 10
1084Aug 9,09
107 %Aug 10, 09
102 Feb 3,11
103 %Feb 26, 12
98 4Nov 380, 06
9934Apr 10, 15
116%Jan 3,06
102 Jan 25,12
107 June14, 06
104 Apr 11, 06
101 May 22, 138
109 Jan 26, 06
100 Jan 26, 06
92344June 9,14
100 Apr 9,14
113 4Jan 22, 06
110 Feb 6,06
99l4Jan 24,14
103 %4Nov 15, 06
104 Dee 22, 06
“9614Mar 31, 06
95 Mar 14, 12
100 14Mar 29, 12
99 Oct 2,11
91 yan 29, 14
Feb 6,14
301;May 11, 06
834Feb 15; 12
99\4Feb 9,14
9814Dec 9,13
95 Jan 26, 06
964%4Jan 10, 06
116 “Mar 24, 06 |
Lowest.
80° Nov 26, 07
65 Jan 13,15
116 July 23; 13
116 54Dece 1; 13
87 14Dec 14, 11
101 June 12, 14
90 July 30, 14
93 May 8,14
85 July 17, 13
"8134Feb 27, 14
104 July 17; 13
90 Mar
115 July 30, 18
88%%Dec 18, 11
96 Dec 17, 13
93144Dec 17, 14
89 Nov 10,13
80 Dee 9,07
88 June 16, 13
83 %4July 14, 13
94 Oct’ 18,11
75 Mar 17,15
894Jan 9,13
6214Dec 19, 07
18 May 25,14
100 Mar 13,13
103 %Jan 26, 10
78 Nov 20, 07
78 Nov 31, 07
89 Feb 24,15
99 3{Dee 6, 13
50° Oct 23, 07
9414Dec 10, 13
93 Apr
101 Jan 14,10
99 YNov 26, 13
90 Sept 14, 08
101 Jan 7,13
85 Nov 21, 07
‘66 Nov 22, 07
72M%4Feb 1, 08
96 %Dec 23; 13
85 Nov 26, 07
98 Aug 28, 07
9434Mar 17, 15
“94” Mar 20, 08
“95° Mar 11, 08
93 4%Mar 12, 08
“64 Dec “7, ia
84 Jan 3,14
98 June 19; 13
80 June 26, 07
74: Feb 25, 15
24%4Dec 21, 14
ATUNov 21, 07
73%Jan 12,15
96
97%4Jan 15,15
81i4July 18, 13
75%Mar 7,'10
iy Jan
1,15 .
Nov 30, 14 .
“*8244J5an
a9 .
Last Sale. =
92%Apr 23,15
27,15
20,15
27, 15
101 4%June 12, 14
108 Apr 27,15
108 Apr 27,15
93 4gApr
100 %Apr
96 Dec
96 Mar 5,15
91 4%Apr
104 July 30, 14
93 YApr
100 %Apr
95 Apr
99 34 Apr 22; 15
100 Apr 6,15
1004Apr 18) 16
98 Apr 21,14
101 May 22, 18
102%Apr 27, 15
838 Apr 24, 15
924%June 0, 14
100 Apr 27) 15
1004ZApr 27, 15
10014Apr 24, 15
95 apr 22, 15
105%Apr 9, 05
99 Apr 17, 15
1014Sept 5, 12
96 4June 10, 14
97 June 13, 00
74 YApr 26, 15
84 Jan- 3) 14
100 June19, 14
29,14
27,16
26, 15
27,15
17 mabe 24,15
9814Apr
97 Jan
82 %Apr
101 Apr
TITLE OF BOND AND RATE Ine.
Mon Ry stamped (tax exempt N Y). 4.39
Dae aWias carenemie saan wae ey 4.14
Manila Elec Ist lien &cl tr s f 581953 5.10
“ee West Side Elev Chiclst g451938 5.00
Mil: Flee Ry SLgi con ones z 5s 1926 4. 99
refunding & ext 414s 193 4.85
gen ref & mtge 5s ser A 185 a
Minn St Ry(M L&M) 1st con 2501919 4 90
Montreal Tramway 1st & ref mtge
*. 80-yr 5s Ser A Col Tr Cou Bds1941 5.30
Nassau. EI R R cons gtd g 4s 1951.. 5.33
New Orl Ry & Lgt gen mge 4 4s1935 5.77
N Y Rys temp 30-yr Ist re nee 4s (tax
exempt N Y) 1942. -. 5.48
re
do 30-yr adj mtg ube 5s (tax
exempt N Y) 1942
POP caine ce sens saver es
N ¥ State Rys 50-yr 1st con 4 14s 1962 5. 3
N Y & Jersey Ist mtge 30-yr g 5581932
Portland Ry Ist & refs f5s 1930.... 5.04
Portland Ry Lgt & Pr Co 1st & ref
sf mtge conv 5s ser A 1942...... 5.43
Portlnd Gen Elec Co Ist mge 5s 1935 ....
St Jos Ry Lgt Ht & Pr 1st g 5s 1937 5.10
St L Tran Co gtd imp 20-yr 5s 1924. 8.41
St P City Ry Cable con g 5s 1937.... 4.83
Cte: 5S L938 Tscc ss ewe eae ee
Third Ave R RN Y Ist g 5s 1937...
Third Ave Ry Co Ist ref mtge 4s (tax
exempt N Y) 1960
do reg
aN YY
Tri-Gy Ry SL 1st coll tat sg fd5s1923 5. 18
Und E R Co Lond Ltd4 4 %bds of 1933 4.71
6% income bonds 1948.......... 6.8
Union Elev Ry Chic ist g 5s 1945.
Un Ry Inv Ist In col tr s f 58 Pitts
1QSNO 192655 c.05cincs at aaeans ¢ ee 7.04
United Rys of St L 1st g 49.1934... 5.73
United R Rs of San Frans fd 4s 1927 8.16
Va Ry & Pr Ist & ref mge 55 1934.. 5.59
TELEGRAPH & TELEPHONE
Amer Tel & rs col trust 4s 1929... 4.49
conv g 49 1936................. 4.17
20-year conv 4 14s 1933 4.49
Cent Dist Tel 1st mtge 30-yr 55 1943. 5.06
Chic Tel 1st mge 15-yr 55 1923. 3)
Commercial Cable Ist g 48.2397. | 458
VG), POSS 5:28 wictay x acre aie fa) he 5.06
Cumb T '& T 25-yr 1st gen ‘mg5s1937 5.21
A rane Se lephans Co Ist 5s 1935. 5.61
Metpn Tel & Tel Ist sk fd g.5s 1918, 4.97
OO ROG aii soc ace sovines Rdg set woos done
Mich State Tel Co 1st 20-yr 5s 1924 5.06
Mut Un gtd 30-yr bds ext at5 %1941 4.81
NY &N J Telephone gen g 58.1920. 4.95
N Y Tel ist&gen mg30-yr4 4s tx ex
1939.55. ects one A ee eR REY 4.61
Northwn Tel Cogtdfdg 44s 1934. 4.97
Pac Tel & el 1st mg & col tst 30-yr
BE SS 9ST vacate 6 acne arw Ragan gens i 5.1
So Bell Tel &Tel 1st's [30-yr ae 5. 12
Western Un coll trust cur 5s 1938.... 5.15
fndg & real estate g 445 1950.... 4184
MISCELLANEOUS
Adams Express Co col trust g 4s 1948 5.56
Alaska Gold Mines sub rets for 10-
yr conv deb 6s ser A full paid 1925 4.00.
Am Dock & Impr Co gtd 5s 1921... 4.81
5.07
5.57
5.13
476
4.52
5.01
5.08
5.08
Highest.
100 34Dec 30, 08
97 Feb 1,11
100.344May 10, 06.
93 4July 3, 06
109 July 18, 06
95 4May 22, 12
10714Feb 14, 06
99 Feb
89. 44Jan
94%Oct 1,10
81 54Jan
103 14Oct
96 Apr 6
110 14Nov 23, 06
119 Jan
86 144Dec
101 May 19, 08
86 wApr 19, 12
135 06
97 aednne 18, 12
96
116%
Apr 18, 09
ar 25, 12
' 103 Spet 23, 13
99%Apr 9,14
“97 eFeb “20, 8 :
Jan 4,0
1004Jun 16,13
98 Aug 23, 07
104 340et “21, 10
i0i ¥43uly 8, 06
104 Tune 23, 11
103 34Apr 28, 10
101 Nov 10,11
964June 4, 12
101 4Aug 5,
101 Jan 31, 13
1093%4Jan 19, 06
105° Jan 20, 06
104 54Feb
150 Apr
113 Apr
950
16, 06
22,15
16, 06
Lowest.
87 34June 19, 13
964Feb 1,11
.98. May 10, 06
80 Mar 25,14 .
100 4{Dec 21, 14
91 Apr 24,13
101 }4May 9, 12
Nov 11, 07
Feb. 15, 15
Nov 28, 14
‘July 30, 14
aa wes 19, i5
78
§74Apr 22, 08 -
92 Mar 27, 14
"98'" Nov 20, 08
593Mar 5,15
103 44Feb 14, 13
"98 Nov ‘ii, 07
77 WYJune 10, 13
_ July 30, 18
Oct 15, 08
Oct 15, 08
Oct 26, 08
|. June 17, 13
Oct 16,13
Apr 21,15
39 Mar 2,15
15 VJan _-7, 08
,84 4June 24, 08
89 %Dec 15,.13
. 97% Dee 17, 14
"72° Nov 22, 07
17 543an 6,14
94 Dec 8,13
82 Jan 11, 12
924%Jan 10, 08.
.104 June 23, 11
“101 Nov 30, 14
94 Dec 18, 13
90%Mar 5,15
94 Dec 4,14
958{Dee 1,14
84 Mar 7, 08
81 May 7, 08
70 Dec 28, 14
119 Feb 27,15
10214Dec 15, 14
—_———— JANUARY 1, 1906, to APRIL 27, 1915.————__—
Yield. ties
Last Sale
.91 Apr. 27, 15
964Feb_ 1,11
98° May.10, 06
80 Mar 25, 14
100 %4Dec 21, 14
9254Feb 16, 15
102 Nov 16, 12
9444Feb 19, 15
7 Apr 22,15
78 Feb 18,15
73 Apr 27, bs
99 4Feb ‘20, 15
92 Mar 27, 14
"98° Nov 20, 08
593Mar 5,15
103 oe 14, 18
106° Apr 24, 15
814Apr 27, 15
96 Apr “19, 15
95 July 20, 14
874July 1,14
84° Oct> 26, 08
7 = Junel7, 13
69% Dec 17, 14
49 Apr 27,15
89144Mar 2,15
‘89 Apr
96 Apr
100 4%Apr
98 34Apr
"88 34June 18, a
96- Apr 3 15
89 yDee eu 14
98 54Apr 13, 15
104 June 23, 11
101 Dec 3,14
97%Apr 27,15
9014Mar 5,15
97 Apr 27, 15
97 %Apr 27, 15
97 Apr 15, 15
93 Apr 26, 15
72 Apr 20,,15
150 Apr 27,15
103 %Apr 26, 15
TITLE OF BOND AND RATE. Ine. Yield.
Am Steamship Co of W V 1st 5s 1920 .
Armour & Co Ist mtg 30-yr 4 4s 1939 4.88 5.07
Bklyn Ferry Co of N Y
Knekerbker Trst Co etfs ae hee for
Ist cons mtge 5s 1948.
do stamped
Bush Terminal Co Ist mtge 45 1952.. 4.68 4.83
¥ ICOM -GB1955 wc 5 ess cee eens 5.81 5.92
. Bldgs 5s gtd tax exempt 1960...... 5.81 5.89
Chic Cy &Conn Rys Col Tr s 581927 .... ....
Chic Jct Ry &Stock Yds col g 5s1915 .... ....
Comstock Tunnel 1st 30-yr 481919... .... soos
Granby Con Min &S conv6sSerA1928 5.66 5.36
Guar Tr Co of NY 5% ctfs for NY
* Cent Lines Equip Tr of 1907 due
November 1915 5.00
Guaranty Trust Co of N Y 5 % ctfs ior
N Y Cent Lines Equip Trust of 1907
do 1
do
do
. do
do
o
Headers Bridge 1st sk fd g 6s 1931 5.71
Insp Con Copper 6s 1922.......... 4.40
do 5-yr conv deb 6% 1919. SaaS
Ins for En of Ir Wks & Dv 35-yr ‘sf
MUGS WONG i cresuisie a nieeud ttes 6,8 tes
Inter Mer Mar 414 %mg &col tsti922 | sites
etfs of deposit.................. ....
Inter Navi lst skg fund g 5s 1929. ‘i
Mont Pr Ist & refs f 5s Ser A 1943. 5.40
Mtg Bd Co N Y10-60-yr mg4s ser 2 ae
1966. i 20 6 haps ode age oe
do 10-20-yr mge 5s ser 3 1932 5. 00
Morris & Co Ist mge s f 44s 1939. 5.08
N’ptN Shipbdg &Dry Dk 5s 1890 1990 5.26
N a oe Co 50-yr Ist g 48 1951... 5. ot
Niagara Falls Pr Co Ist mee 5s 1932 z 95
ref & gen mtge 6s 1932 eat aires
Nia Lekpt & Ont Pwr 50- ~yr 1st m
5s ‘‘tax exempt” 1954 5.59
do **Plain” -oc 20.6 c5sseek aes sees
Ont Pwr N F Ist mge 40-yrsf5s 1943 5.32
Ontario Trans 40-yr Ist mg sf5s 1945 5.56
Provident Loan Soc of N Y g4 1481921 4.62
Pub Ser Corp of N J gens f 5s 1959 5.66
Ray Cons Cop Ist mtge conv 6s 1921 4.84
St Joseph Stock Yds lst g 414s 1930 .
StL Ter CS&PColst g4 485- 20yr1917..
Bee F Pwrist mg40-yr5s1949. 5.41
So. Yuba Water Co of N Y con g6s1923 .
Wash ote Pwr Ist ref mgs f 30-yr 58 Lae
19
Chic cones Rys coll trst s £5s1927 .
US Mge &Tr Core Ist g col tr bonds
series E 4s 1907-1917........... Bice
series G 4s 1903-1918........... +... aagy
series H 4s 1903-1918........... +... deve
series I 49 1904-1919............ 2... ais be
5.29
N. Y. CITY & COUNTY SECURITIES
Brooklyn 6s pub park loan 1924.... ....
7s do 1915-1918............ «04.
+Con stock parks etc 24s 1909-1929 ....
stock 3 4s 1916 3.55
stock 34s 1925...........20005 ore
stock 3 4s 1926.
{Dock bonds 3s 1916
T 381917....
Tt 391918
4.16
4.18
Highest.
9434Dec 16, 09
32 Nov 18, 09
“96. Sept 16, 11
100 %Apr 18,11
97 84Nov 19, 12
102 %Aug 21, 11
20 Apr 1,10
111 Apr 26,15
1064%Mar 5,10
103 %Nov 8, 09
102 %June 29, 11
105 }4July 16, 08
owest.
Sept 7,12
85 Mar 22,15.
85 Apr .12, 15.
83 Jan 15,15
“98Y%Apr 8, 13
2 Aug 4,13
95 Dee 7,14
99 Sept 20, 13
99 Sept 20, 13
102 %June 29, 11
95 34June 19, 13
110 Jan
140 %Apr 26, 15
1404Apr 26, 15
5, 09
97\%Mar 9,10
717 Dee 31, 08
454Apr 19,15
89 Dec 30, 08
94 14Mar 26, 14
ot Yduly 19; 10
102 4Nov 8, 12
96 4Sept 10, 13
95 July 14, 14
99 Mar 17, 06
964Jan 27,11
130 June 20, 12
105 Nov 24, 13
94 June 17, 13
94%Dec 29, 14
92 June 21, 11
80 Dec 1,14
8344Feb 15, 15
386 Feb 16,15
8834Jan 14,15
83 Apr 7,14
99 “Dee 18, 12
86 44June 7, 13
95 Nov 19, 09
76 Nov 11, 12
91 4July 19, 10
99 Dec 29,14
91 Dee 27, 13
87 Oct 21,13
85 May 27, 08
86%Dec 1,14
97 14June 11, 13
“93 Apr 8,14
Dec 17, 13.
——JANUARY 1, 1906, to na 27, 1915.——_—_—_—_—
Last Sale.
100%{June 4, 02
92 Apr 27, 15
16 Sept 7,12
“85 14Apr 26, 15
86 Apr 14,15
85%Apr 20, 15
Apr 27,15
Feb 17, 14
Sept 20, 13
102 {June 29, 11
100 Mar 23, 15
105 Mar 9,15
185 4%Apr 27, 15
183 %Apr 27, 15
93 14Nov 16, 11
43 Apr 27,15
43 Apr 27,15
44 Apr 22,15
92%Apr 26, 15
83 Apr 7,14
100 July 16, 14
88l4Jan 30,14
95 Dee 10, 09
79 34Dec 14, 14
9114July 19, 10
100%Apr 8,15
94 Apr 24,15
90 Feb 1,15
97 July 27, 08
884Apr 27,15
124 Apr 27,15
100 4Sept 15, 05
112 July 27, 04
103 4Jan 30, 14
TITLE’ OF BOND AND RATE. Ine.
Dock bonds 38 1919. wR EONS Rives
3s 1920 . 8.41 4.82
+ ry EESp Te nprkermomlaten gece eG Sule
+Additional Water stk 3 we 1913-1933 . iadovdods
{Corporate stock 314s 1954........ All 4.37-
Tt. 348 1954 4.27
t. 34s 1954 4.80
it .3%s 1955... 4.21
4s reg 1936 4.29
+. do 4s reg 1955 4.26
t dol A.20
-tf do 4s 1957 ' 4.18
LT do Zz 4.26
tt 44s a May 1957........... 4.28 4.23
‘- OO" TOG sara ss dead enanioe 4.31 4.29
tt 44s ane Nov 1 1957.......... 4.29 4.25
t OO: TOG a sis im scasorepseteaaeneeite 4.22 4.16
t 4s as Ror E1958 cea paeaes 4.16 4.19
t FOS. oi e3 pans aes iE 4.19 4.22
TE 4s aus May. DQG Geet aie S 4.16 4.19
t GO OG oe oon in tayan dining 4.14: 4.17
t 4s due May 11959........... 00 4.00
4s Corp Stock due Mar11960.. 4.23 4.22
BOO. | FOB oc ciassvecd levered tise at 4.30 4.31
44s Corp Stock due Sept 11960.. 4.23 4.22
414s Corp Stock 1962........... 4.23 4.22
414s Corp Stock due Mar 1 1964. 4.23 4.22
442% Corp Stock due Mar 1 1963 a ze
FOL Po sari seu sae Pate rh aeemen ds ee
{Assessment bds 4s registered 1916
Tt Bonds 481917......
T: © do 4s reg 1917 a
ti de a due May 11917...
tT 4.47 4.18
t Bs aos bsurensogcs Svdudeub usa’) de 448 4.36
t ane aue Nov 11917.......... 444 4.05
Tt GO) FER. a nsunice 26 oacart i 4.42 4.02
i 4s aus ‘Nov WG Bins 2 scastecussores ves 4.05 4.26
Ti 4s ‘due May DP919 gs cccnccsieste's ans 4.00 4.00
t GO) POS 5. vein carerainiccnpte utes Sokiata
tExempt from city and county tax.
$Cou & reg bds interchangeable.
Highest.
88 84June 19, 11
87%4June 1,14
88%4July, 7,14
YNov 2,10
981Aug 13,10
99 84Sept 19, 11
10114Mar 18, 09
103 4Jan 12, 09
101 34Sept 23, 08
112 544Nov 23, 08
1124Apr 24, 09
112 34Nov 23, 08
11144Mar. 15, 09
100%Jan 3,10
997%Oct 19,11
102%Apr 22, 09
100 Nov'13, 11
100 Nov 24, 11
103. May13,11
102 3%{Nov 14, 11
104%%June 6, 11
104% 12
1004%Jan 18, 15
107 34July 17, 14
107 June 13, 14
104%Oct 25, 09
102 34June 20, 11
104 %July. 26, 09
101144Dee 12,18
101 34Nov 28, 08
————_-— JANUARY 1, 1906, to APRIL 27, 1915
Yield.
Lowest.
“80 ‘MBuiy 1B i3
81144 May 28, 13
84 Dee 10,14
84 Dec 24,14
95 Nov 22, 13
90 %June 14; 13
90 June 18; 13
91 %4July 15, 13
9414 Mar 28, 13
100 Junell, 13
100 %July 22,13
99 4ZJune 28, 13
100 3ZJuly 18,13
90 14June 12, 13
95%Apr 20, 15
90 June 10,13
924Apr 25, 18
100 Nov 24, 11
95 July 14,13
9914Dec 13,12
95 July 21, 13
95 July 21, 18
' 9934Feb 23, 15
99 54June 11, 13
100 July 8,13
Last Sale.
a5 iutar 39, 15
85 44Mar 29, 15
843%4Apr 14 15
86 Apr 15,15
96 ar 24, 15
95 Mar 12,15
96 Feb 11,15
964Apr 27,15
95 Mar 10, 15
105%Apr 20, 15
‘104 Dee 12,14
105 -Apr 19,15
106 %May:-26, 14
96 4%Apr 28, 15
95 4YApr e 15
96%Apr 23,15
963¢Feb : '3, 15
100; Nov-24, 11
100 14Apr 27, 15
98 Dec -28, 14
100 gApr :26, 15
100 14Apr :26, 15
100 %Apr. 26,15
10534Apr 27, 15
103 4Dec 14, 14
100 July 16, 13
100 4May 21, 13
100 June19, 18
10144Dee 12, 13
98 54Mar 28, 13
100 34Mar 26, 15
100 44May 21, 18
1014Feb 18, 15
101 8{Mar 23, 14
98 Mar 28, 13
A SEVEN YEAR QUOTATION RANGE
OF UNLISTED BONDS AND BONDS NOT LISTED ON
THE NEW YORK STOCK EXCHANGE
A large number of the bonds included in this list are not listed on any Stock Exchange In order’
ta give reat value to this table every effort has been exerted to make it as correct and significant as possible.
In a few cases, however, the quotations are only’ nominal, but these may readily be distinguished. Whe
the same quotation is given, with the same date, in both the high and low column, it obviously indicate;
that only one quotation has been available. When the same quotation, without any month, occurs i
the high and low column, it may be presumed thai the qaotation is nominal, and that the bond does n
enjoy an active market. This may also be supposed of any issue in which only a bid or asked quotatio
appears.
In the case of a few issues the highest or lowest bid price is higher than the highest or lowest asking»
price. This is due to the inability te obtain a reliable offering price contemporaneous with the highest
bid price. An example of this is the quotation for Ogilvie Flour Ist 6s, 1932, which are quoted in the
**‘Low” column, 10934 bid, Sept. 12’, and 106 asked, Dec., ’12. In this case there was no bid obtainable .
in December, when the bond was at its lowest price.
All the more important unlisted issues, including equipment and short term securities, are included
in the foliowing list, and the quotations may be relied upon to closely indicate the trend of prices of the
issues quoted.
Quotations are ‘‘and interest” except those marked ‘‘f,”? income bonds and bonds in default. An
after a quotation indicates a sale.
The smail letters in parentheses after the titles indicate the period during which the bond is quoted.
Those not followed by any letter are quoted for the entire five years, those fotlowed by ‘‘a” from 1909 to
iste inclusive; those by ‘‘b’’ from 1910; those by ‘‘c’”’ from 1911 and those by ‘‘d” are quoted for 1912
only.
tsar
s
HIGH LO
Bid Asked Bid Asked
Adams Express coll tr 1947......... . 94 1909 95 June’09 75 1918-14 14 July ’14
Adirondack E) Power 1st 5s 1962 (d).. 99 1912 100 1912 90 1914 938% 1914
Adirondack (D&H) Ist 414s 1942,.... 105 19D aioe ee eh 100 1908-12 .....,.......
Akron & Barb Belt 48 1942........... 95 Aug ’09 100 Aug ’09 89 1910 «91 1913
Akron Bed & Cleve (NOT & L) 5581915100 ’09-12-13 103 1911-18 95 Jan ’09 99 1913
Ala & Vicksburg Cons 5s 1921........ 108 1908-09 105 1908,’11 90 Jan ’08 98 1914
Ala & Vicksburg 2nd Cons 5s 1921... .100 1909 104 1908 87 Jan ’08 100: Aug ’08
Ala Great Southern Ist 5s 1927....... 1074 1911 110 Mar’ll 95 1913 . 102% Jan '08
Ala Great Southern Gen 5s 1927...... 105 1912 107 °1912 90 Mar’08 95 Mar ’08
Ala S & Ship Bldg 63 1930........... 107 1911 110 1909-11 90 1908 95 Feb ’08
Ala Tenn & Northern 58 1956........ 98 1908-14 102 1908-09 90. . 1912. 98 Jan ‘14
Albany Ry (UT) Cons 58 1930........ 10814 Sept 09 10934 Sept ’09 101% 1914 108 July '14
Albany Ry (U T) Gen 58 1947........ 10834 Sept 09 109 1909-10 101% ..,.1914, 103; July 14
Albany Southern R R ist 5s 1930 (a).. 9814 1910 9914 1910-12 85 19138 95 1914
Allentown Terminal 45:1919.......... 103 1909 105 1909 90 1908 98 1914
Alton Bridge (St CM & St L Belt) 4s °°
DG sa caiares ese a atageanente bc eighoc leeds Be oceans 85 Nov 708 91 0«SoJan ’08 «8677 «=6—Dee '12 754% 1914
Alton Granite & St L Trac (E StL & S)
ita, 7 :
Ist Cons 58 1944.................. 97 Feb 09 » 91% 1910 85 - 1913 87 )~— July: "14
Altoona & Logan Valley Cons 414s 1933 95 1909. 97% 1909 te aH 84 Sept 713
Altoona (Pa) Gas 58 1932 (c)......... 98 1911-12 101 1911 191 98 1911
American Cities Co coll tr 5s, 68 1919 (c) eo Sept "11 96 Sept ’11: 89% May’ ih. 90 May’l4
American Gas Conv coll tr 5s 1920 (c).. 1914 100 1911-14 100 1914 100 1911-13
American Gas coll tr 6s 1920 (c)...... 108% -1912 96% .1912 93 1913 96 1911- Tha
American Gas & El coll tr 5s 2007 (a). 8834 Aug 709 «= 89s Aug 709 «= 7944 Jan *09 80 Jan 3 09
American Ice R E Ist &Gen 65'1942 (d) 983 4 1912 100 1912 98 Dee 712 98% Jan '14
American-La France Fire Eng. Ist 6s —
W924 CD) oo. haus cau hee a acess & tb si 85 % & ae ae Be 5,809 5 Se soe re sg
Amer Loco 5% Notes i9i5— 17 (d)..... . ae fp AUE 712. . fo! 330% Dec fo Vee
American Malting 68 1914............ 03% £1909 107 Dec ’08 Jan ’08 98 9 ;
American Pipe & Fdy 6s 1928 (d)..... 102 Oct '12 104 Oct '12 38 a “igi 100 ie ite
American Rys coll tr 5s 1917...... .... 9844 Apr 709 9914 Apr ’09 90 908 92% 1910-11
American Rys coll tr Conv 5s 1931 (c). 93 1918 9634 1911-12 92 1918 14 95 1914
Am Rys Scranton Ry 5% tr ctfs 1935.. 96 1910-11 98 1908-10 85 © Jan *08 90 Jan '08
American Sewer Pipe Ist 63 1920. .: 9834 1911 100 1909-10 81 Dec "11 87 Mar 712
American Steel Fdys Deb 4s 1923. 154 1910 77% 1910 58 Oct 08 60 Oct ’08
American Steel Fdys 68 1935........ "104°° Feb 10 106° Feb ’10 80 1908 85 Jan ’08
American Type Fdys Deb 6s 1988 greg BOOTS 1912 102 1912 93 1913-14 98 1913-14
A ta & Pot Washi a i
"38 1949, j pee 7 ay ee ay oo June’09 106 June’09 9634 Jan ’08 9834 Feb ‘14
Anacosta & Potomac (Washington D C) :
Guar 5s 1949 ( (ce). : sige peete : eres 103 19138 1044s 1913 97% 1914 98 1914
Appalachian Power 1st 5s 1941 (d). 8314 Nov ’12 844 Nov ’12 60 May’l4 70 Jan ’14
Ardmore St Ry (Phila Co) 5s 1958 (b). 9916 1910 99% 1910 85 Dec 7138 90 Dee 718
American Type Fdys Deb 6s 1939 (b).. 10078 1912 102 1911-12 98 1910-11 9834 Sept ’10
A P 6s 1933 (c)............ 90 1912 93 Dec 711 82 Jan "12 8714 Feb 12
Ark Obla ‘& West 6s fon 1908-12 102 1910-11 90 1910 95 1914
Aroostook Northern 5s 1947. 1909 106 1909 100 . 1908 102. 1912-13
953
HIGH * i LOW
id Asked Bid Asked
Aroostook Valley (Can. Pac) Ist 4s __ . le 0 é ss
9929 CD) bk. dnd oes Vo dee aes cuemaes ‘974 1910 -100 1911-13 85 1914. 99 1910-11
Asheville & Spartansburg 4s 1995. 84 1912 90 1908 74 et 708 80 1910-14
Asheville (N C) Pr & Lt1st 58 1942 On 194% Sept 712 97 1914 -90 1918-14 94 1913-14
Ashland (Wis) Lt Pr’ &' St Ry ist 5 ss es
1939. (0) ios cies ence 1912-14 99 1911-14 94 1914 98 11-12-14
Associated Oil 5s :1922., 103. Apr 712-103 May’12 75 1908 7634 Sept ’08
Astoria (N. Y), Veneer: Mills’ =D.t 1st, 6s se
1941 (e).. mer 1911-14 105. 1911- a 97 1914 102 1918-14
Atchison. & East Bdge ‘4s 1928.) 2121)! Feb ’11 : 90 190 70 1908 82 1918-14"
Athens(Ga)Ry. &El Ist & Ref-5s 1950 (e) 90 1911 95 Sept’ it 80 ’11-13-14 88 Sept °13
Aflanta Birm & Atl 1st 5s 1936..:..... 95 yan 709 95S «1908 8 Nov ’13 114 June’14:
Atlanta Cons St Ry (Ga Ry &ENss 1939.105 ..1908-12 107 .Jan ’09 96 Jan ’08 100 Jan ’08°
Atlanta Nrhin (Ga Ry &Ei) Ist 5s 1954. .10114 Nov 712 1038 1912 90 Feb ’08 95 1908
Atlantic & Birm 1st.591934......... ..994%..1911-12 101 1911-13 87 1913-14 92 Sept 713°
Atlantic Ave (BRT) Cons 5s 1931. 1024 «1911 104 cs 92 Jan ’08 ‘95 Jan ’08
Atlantic City Gas 5s 1960 (b). 9314 Apr 12 98 191 78 1918-14 80 1914
Atlantic City. R'R5s 1919. .109 . July 709. 1h July 709 100 Jan 714 10214 1908-14.
Atlantic Coast El Ry Ist 5s 194 . 97 ‘June’12 99. te Re . dune’14 88 June’l4
Atlantic Coast Line Equip’s........ 44% 1912 ‘ oe Ip act ‘1 6% 1908 1% 1908
Atlantic C-L of S C Gen Ist 48 ae - 994% 1909 10034 1900 8714.1913-14 90 1913
AtlanticG&WISScolltr5s1959(a)... 73 Aug 09 UB % Aug 709. 64° ~May’14 «= 64 10
Atlas Portland Cement 68.1925. (a). 108 1909 109 1909 100 1910-14 101144 1910
Auburn &Syr EI R R Ist &Ref 5s 1942. 101 1909 103 1909-10 95 1908-14 98 18-14.
Augusta-Aiken Ry. & El Corp,5s aie (ec) 93 June’il ,-95 - 1912 83 1914 86 1914
Augusta Factory 1st.65 1915.......... 10: Nov ’08 105 - 1908 98 1914 100 1912-14
Augusta (Ga):Ry & El 5s 1940.... 1911. 105. July 12 90 1908 94 Feb 708
Augusta Southern (Sou) 5s 1924. 9 1912 95 “191 80 1908-14 90 1908
Aurora Elgin & Chi Ry Ist 5s 1941. ey 7 Aug 712 102% Sept 12 9432 1908 96% 1908
AuroraElg &ChiRR 1st &Ref5s1946(b). , “191° 100% May’14 $0 1913-14 95’09-11-14
Baltimore & Annapolis S L 5s 1946 (a).. Jan 709 97% 1918 60 Mar’1l4 65 1914
Balti & Cumberland Val Ist 6s 1929. ie VOOSH1I- sb secant eins 10 AQVA oi ah eme ease
Balti & Cumberl Val Exten 1st 6s 1931.112 1908-09 ||...11.1...! WORST A: nce we ccapectdere seve
Balti & Harrisburg (W Md) 5s 1936: ./110 1908 110 1909 July "14 104% Sept ’10
Balti & Harrisburg (Ww Md): ‘Western. 2a : Sp RR Pe ‘
Bxtj58 1938 0 cose ccki ee ete d cae es 110 1908, "10 111 Apr 10 95. “Tuly 102% Jan ’14
Balti Cat & El Mills Pgr Ry 581916 (a).107 1909-10 110° May ‘’09 100 13. 14 10054 1914
Baltimore Ches & Atl Ist 5s 1034..... 108. =1909,"12 106 June’1l 91. Jan ’08 97 June’14,
Baltimore Electric 1st 5s 1947 (a)..... 9914 Mar 18 100 Mar’138 95 Jan '12 95% Jan 712.
Baltimore Srarivs Pt & Ches Ry 1st~ - ‘ Be e
AVEO NOSE 6 at soca cs temies boy Sains 9734 July 14. 98 " May’12 83: Jan '08 -86 Jan ’08.
Balti Trac (U Rys & E) Ist 5s 1929...112 Apr 09 113 Apr ’09. 102 1913-14 103 ’10,712,718.
Balti Trac (U Rys & E) North ‘Balti Div 2 * *
MBG S098 2 oo cin se2e) eden 405 tea sachs 115 1908-09 117 1909 102% Aug ’13 10354 Jan 714
Bangor & Aroost St John Riv 21Ext 5s } j ae ; ee Ag
T9839) (6) sissies ccs uhtunre osganebovn.w ares cae 97% 1912 100 1911-12 90 11-13-14 95 Jan '14
Bangor & Aroost, Piscat Div 5s 1943...110 1909 112 1908-09 94 1910-14 -98 Jan °14
Bangor & Aroost Ist 58 1943......... 111 1909 114 Feb 708: 94 1913 96- 1913.,
Bangor & Aroost Van B Ext 5s 1943 (a)105 * 1909 109 1909 88 1913 95 Feb ’14
Bangor & Aroost Washb Ext 5s 1939 (b) 9814 1910-11 100 1910-11 82 Feb ’14 85% Feb ’14
Bangor & Aroost Cons Ref 4s 1951... 86144 1909 90 Jan ’08 70 1918-14 75 1918-14
Bangor Ry & El ist Cons 5s 1935 (a). .100 1909 103 1909 96 1913-14 99. 1913-14
Barney & Smith Car 5s 1936; ........ 98 May’08 101 1908 60 July ’14 75 July-14
Battle Cr & S (Mich Cent) 1st 35 1989.. 70 1908-12 ° 70 1914 66 1913 80 1908.
Bay City & BC (Mich Cons) Ist 3s 1989 70 1908-12 70 1914 65 Jan 708 67 1913-14
Bay Counties Pr 5s 19 .10414 1909-10 105 1909 9314 Feb 708 «= 9214 Jan 08
Beaver Valley Trac ‘Gon 5s 1953 (; a ‘100 1909 101 1908-09 90 1914 5 1912-14
Bzech Creek C & C Ist 5s 1944...... . 98 June 712 95 1911-12 66 Jan ‘11 71 708 711-13
Bel Bay & British Col Ist 5s 1932..... 99 Aug ’12 101 Aug 712 90 1910 95 1910-11
Bell Telephone of Canada Deb 58 1925.105 1909-10 105 1908-10 100 . 1908,712 100 Dee 712
Bellev'& Carond (Ill Cent) 1st 6s 1923.119 34 1909 118 1911 1024 1908 102 1914
Belt Ry of Chattanooga Ist 58 1945... .105 1909 109 1909 92) Jan 708 101° Apr 711
Belt R‘R &'Stock Yards (Ind) Ist Ref E eee : 2 ;
As 1988 (eho esasiaa voeeks ay Kear s ibe June oat 98 1913-14 ‘92 1913 98° 1914
Belvidere-Delaware 4s 1927.......... 1909 102 1910-11: 93 Jan.’08 98 1218-14
Belvidere-Delaware (Pa Ist 3 4s 1943 ob June ’09 95% June’09 85 ’08-09-13 86 1908-09
Benningt & Rut (Rutland) 4 44s 1927 (b) 102 Nov’08 104 1909 _ 90 1913-14 80 June’l3
Bergner & Engel Brew 68 1931 uated as i 101 1911- 103 1909-11. 92 Dec 08 99 1914
Berkshire St Ry Ist 55 1922.......... 102 1910-12 105 1910 85 Jan 708 95 Jan ’08.
Bethlehem Steel Co Pur Mon 6s 1998..11814 Feb ’09 11814 Jan ’11 108 Aug ’10 110 Mar ’08.
Binghamton Gas 5s 1938............. ug ’09 101 °’12-138-14 .85 1908-09 95 1908-10
Binghamton Ht Lt & oe ist 5s 1942 ee 1913° 100 “1908-14 95 June’09 100 ’08-12-14
Binghamton Ry 58 1931.............. 1910 104 1908 90 ’11-13-14 92 1914
Birmingham & South E 1st 6s 1961 (b). 198 1912 101 1912 80 1910 85 1910
Birmingh Belt (StL & S F) 1st 48 1942. 97 1913 99 1913 80 1908-14 89. 1911
Birmingh Knox & Allent (Pgh) 68 1931.111 May'08 112 ’08,’09,’11 102 1913 104 1913
Birmingham Ry & El ist 5s 1924...... 104 '09-12-18 108 ' 1911 99 May’08 101. May’08.
Birmingh Ry Lt & Pr Gen Ref 414451954 94. Mar ’09 9614 Feb '09 80 1908 . 8544 Mar ’08
Birm Ry Lt & Pr Ref & Ext 65 1957 hd)104 .19 05 1912 96 Dee 713. 97 Dee 713
Birmingham Terminal 4s 1957 (c)..... 90 Aug 712 92 1911-12 80 ‘11-18-14 85 1913-14
HIGH ,
Bid
Blackstone Valley G & E 5s 1939 (b). .10014 1918
Bikr St & Fulton Fy(Int-Met) Ist 4s 1950 Ko 1908
Blue Lakes Water Ist 6s 1938........ 1909-14
Biuff Pt Land & Imp (D & H) Ist 4s 1940 93 _ 1912
Boca & Royalton 6s 1923............. 10744 1910
Bon Air Coal 2nd 6s 1928........ 1... 105 1908-09
Boonvy RR & Bdge (M K & T) Ist 4s :
bid ef Spang The ee eabaye ot cae Mainsta lets tes 1 Mar ’09
Boston & Albany 4s 1933............ 10144 Feb '09
Boston & Albany 4s 1934 (a)......... 10014 1909
Boston & Albany 4s 1935 (b)......... 99 1911
Boston & Albany 3148 1951.......... 914 1909
Boston & Albany Ref 3)¢s 1952....... 91144 Mar 709
Boston & Lowell 48 1915............. 100 1909
Boston & Lowell 49 1916............. 100 1909
Boston & Lowell 4s 1918............. 100% 1909
Boston & Lowell 3145 1919........... 9544 1909-14
Boston & Maine 344s 1921........... 94 1909
Boston & Maine 3}4s 1923........... 94 1909
Boston & Maine 48 1926............. 100. Mar '09
Boston & Maine 44s 1929 (a)........ 1054 1909
Boston & Maine 4s 1937............. 100
Boston & Maine 4s 1942.....
Boston & Maine 4s 1944...
Boston & Maine 3s 1950............. 76
Boston & North (Bay State) Ref 4s 1954 93 /' 1911
Boston & Providence 45 1918......... 10214 Apr ’10
1909
Boston & Worcester Ist 44458 1923.... 98
Boston Elec Lt Ist Cons 5s 1924. 3
Boston Elevated 4s 1935.......
Boston Elevated Deb 44s 1987 (
Boston Elevated Deb 414s 1941 (c).... 2
Boston Rev Beach & Lynn 44s 1927..101. Dec ’08
Boston Terminal 3148'1947........... 105% Mar ’09
Boyer Val (C & N W) Ist 38 1923. 9334 1909-10
Bridgeport Gas Lt 4s 1952............ "09-10-14
Bridgeton & Millville Trac 5s 1930....101 1908-09
Bway Surf R R (Int-Met) Ist 5s 1924. ..103 1909-12
Bronx Gas & Elec 5s 1950 (c)........ 1912-13
Bklyn & Montauk (L I) 2nd 5s 1938... .105 1909-10
Bklyn '& Bath & W_E (B R T) 5s 1933.100 “' 1908
Bklyn Boro Gas 5s 1945 (d).......... 96 1912
Bklyn Cy & Newtown Ist Cons 5s 1939 99144 | 1914
Bklyn City Ry (B RT) 1st 55 1941....104 1908-09
©
a4
©
©
Brownsy Av St Ry (Pgh) 5s 1926...... 103 | 1909-10
Buff & Lacka Trac Ist 5s 1928 (b) . 94 May’10
Buff & LE Trac Ist & Ref 5s 1936 (b) 85 1910
Buff &Lkpt (Intern Trac) 1st 5s 1938 (a)10014 June’09
Buff & Niag F El Lt & Pr Ist 5s 1942. 10034 1914
Buff & Niag Falis El Ry 2nd 5s 1921, .103 1908
Buff & Niag Falls El Ry 1st 58 1935...107 July ’09
Buff & S W (Erie) Ext 2nd 5s 1918. - -100%4 Sept 709
Buff & Susq Ry Ist 4148 1953........ 1908-09
Buff Bell & Lanc (Int Trac) 5s 1927 (a)100 09-12-13
Buffalo Creek ist 58 1941 (a)......... 114 Aug ’09
Buffalo General El 1st 5s 1939........ 102% 1912
Buffalo Iron Co 58 1925.............. 100 1908-09
Buff Roch & Pgh 414 Eq ‘‘E”” 1922 (a)... 544 1913
Buff Roch & Pgh 414 Eq ‘‘F” 1927.... 544 1914
Buff Roch & Pgh 4% Eq 1929 (b)..... 5% 1914
Buff Trac (Intern Trac) 1st 581948... .10634 June’09
Burl & Mo Riv (C B & Q) Cons 6s 19181037 Apr 712
Burlington (Vt) Gas Lt 58 1955'....... Jun eae
Barlingten (la) Ry & ie 1st 5s 1932 (d) B15
Burns (P) & Co 6s 1924 (b).......... 03% 1910. it
Burns (P) & Co Ist & Ref 6s 1931 es 102 1912
Butte E! & Pr 5s 1913-51............ 98 1909-10
California Central G & E 5s 1931. is eve 106 Aug ’09
California El General 1st 5s 1948 (d).. 8614 1912
California G & E Corp 5s 1933........ "103° June ’12
California Northwestern 5s 1928...... 106 1909
California Pacific Ry 58 1941......... 99 1912
Cal Street Cable R R ist 55 1915...... 103 54 1910
Cal Wine Gros Assn Cons 5s 1925 (a):. 9714 Aug ‘12
Calu & S Chi Ry 1st Rehab 5s 1927 (a) .102 1910
Cambria & Clearfield Ist 58 1941..... 112 June’09
Cam & Subur (P S Corp of N J) ist 5s _ |
AG: steces Bia tein easaemcaenan Ge gowse sh waded, kins 105% May 712
.Canada Cement Ist 6s 1929 (b)....... 100% 1912
Canadian Car & Fdy Ist 6s 1939 (c)...107 Mar 12
_ Asked
1014 1912-13
85 1908
108 1909-10
95 1909
110 =1910-11
108 1908-09
92 1909
102% 1909
10014 1910
9944 1911
921% _ 1909
9214 Mar ’09
100. June 13
9954 1911-14
100 Dee 711
971% Apr ’14
943% July ’11
933% 1911
10014 1909
10614 Mar ’09
8
93 1911
100 =1911-12
100 19
114. Mar ’09
101 1909
102% 1912
103 1912
10454 1911-12
10614 Mar ’09
94% 1909-12
95 1910
104 1908
107 May’10
101 1912-13
1184 1912
104 Nov ’08
99 1914
105 Jan ’08
105 1909-10
107 19
96 1910-12
95 1909-10
103 1908
1038 1908
108 1909
102/ 1908
95 1908-09
101% 1908
115 Oct ’09
108 1909,’12
108. =Apr ’09
4% °° 1913
4% =: 1918
43% ~=—-1918
108 June ’09
105 1908-10
97144 May ’12
964% - 1912
104 = 1910-12
103 1912
100 1909-10
105 1910-11
88 1912 -
103% Sept 712
107° 1909
101 ’08,’09,'12
104 Dec 708
9814 Apr 712
10244 1909
15 June’09
107 1908-10
101 Jan 712
108 Aug 712
1918
106 1909-11
89 Dee 12
100 «Aug 713
98 1914
81 1914
90 Aug 713
90 Aug ‘13
90 Aug '13
78 1
78 Aug’ 13
9644 Mar ’08
97% Aug 713
97 1913-14
93% 1913
88 Aug 713
87 =Aug 113
88 Aug 13
8714 1914
838 Aug 713
76 1914
80 © 1914
638 Aug '13
56% aa0E
95%
95 1908-14
91 June 'l4
96 Aug 13
95 ° 1910
914% 1912
94° 1908
97 1913
4 Apr 708
9714711-13-14
105% May ‘13
97 Dee 713
98 12-13-14
98 Apr ’08
90144 Apr 708
98 Aug ‘13
96 1910-12
48s 1913
97 1913-14
98 Jan '14
102 1910
97 1910
3 June’14
100 191
114 n ’09
95 1908
90 1910-12
ye
4%
464. 1913
101 1914
10114 Nov 713
8934 Oct 709
95 1914
102 Sept ’09
1914
94 1908
941% July '14
97 Jan ’08
10214 May ‘14
95144 June ’14
10834 Dec ’10
Bid
Canadian Cons Rubber 6s 1946 (b).... 9934 July ’11
Canadian Cottons Ist 5s 1940 (d)..... 86 12
Canadian Lt & Pr 5s 1949 (b)......... 8214 Mar ’11
Can North Imp Rol St 414s 1913-22 (c).5% 1911-12
Canadian Northern Land Grant 48 1919.100 1910-14
Canadian Northern Div 4s 1929 (a)....102 . 1909 -
Can Northern Ist Cons Deb 4s 1930. ..102 1909
Can North Winnipeg Term 4s 1939 (b) 9934 1911-12
Canadian Pacific Cons Deb 4s8........ 109 June ’10
Canal & Clairb (NORy &Lt) Ist 68 1946127 May 09
Canton-Akron Ist 58 1922............ 100 Oct ’08
Canton (O) Electric 5s 1937 (b) -» 96 1910, 712
Canton-Massillon Ist 5s 1920. -.100 Oct ’08
Canton-New, Philadelphia 5s - i933.. -100 Oct 708
Capitol Trac (Wash) Ist 5s 1947. 2
Carbondale Ry 5s 1933 (c)........... 97 1912
Car Clinchfield & Ohio Ist 5s 1938 (a). 99 1909-10
Carolina Pr & Lt Ist 5s 1938 (d)...... 92% 1912
Cass Av & Fair Gds Ry (O Ry of St L)
Ist 44s 1922 (d)... 06... cece ees 97. 1913
Catawissa Cons 48 1948...... 3 110834 Oct 08
8
7
"11834 Mar '09
Central Cal Trac Ist 5s 1936 ( 9654 Dee °12
Central Crosst (Int-Met) Ist 65 1922... 1912-13
Cent El Co (K C Ry & Lt) 58 1914. 1909
Cent Hud Steamboat 5s 1919 (c).. 1912-14
Central Indiana 1st 4s 1953 3%, 1909
Central Me Pr 5s 1939 (b) 9714 Aug 711
Cen Mark St Ry (Col O) 5s 1922. 100 Oct ’08
Central Mex Lt & Pr 6s 1940 (c). 1912
Cent of Ga Eatonton Br 5s 1926. 105 1908-09:
€ent of Ga Oconee Div Ist 5s 1945.
GH
. Asked
9914 July 711
87 1912
85 Nov ’10
104 . 1909
104 1909 ;
100 1910-12
111. June’10
128144 Mar ’10
101 Oct 708
99 1910
101 Oct 708
101 Oct ’08
1204 June’09
99 1914
ee 1909-10
9446 1914
9734 1912
105 = Oct 08
119% 1909
97 Apr 712
101 1909
95 190
99 _ 1912
01 1908-09
934% 1912
‘110° Apr 713
Cent of Ga 44% Eq wae Issues (b)...434% Mar 12 434% Maz
Central of S Car 68 1921............. 118° June’09) ww. ee ae
Central Ohio Ist Cons 44s 1930...... 103 1909-10 104 Dee ’09
Cent aay, U Rys & El of Balt) Cons 5s
19825 eis ac. ceases crores Ga eee Sapa 113 1909 114 1908-09
cent By a Rys El of Balt) Ext & Imp
SSB pstscid erates eligS ves recente ee 3 f 1 1909 .112 1908-09
Cent Trae (Pitisburgh) ist 58 1929....105 1909-10 | 106 19
Cent Union Gas (N Y C) 5s 1927. + 110234 1912 .104 1909, 12
Charleston & West Car Ist 5s. 1946... 110 1909 107% 1910
Charles & W Car Aug Term Ist 6s 1947116 1911 120 1908-10
Charleston City Ry 1st 5s 1923.......: :107 Jan '09 107% Jan ’09
Charlest Cons Ry Gas & El Cons 5s ee
MOOS oats caveat bin atnacrgies amas we nate ¥% 1911 9734 1911-12
Chateaugay Ore & Tenn We HARI O42 88 1908-10 .............
Chattahoochee & Gulf 5s 1930........ 104 1909-10 103 1908-09
Chattanooga Ry Ist Cons Es ae ree i 1909 98 ’09-10-14
Chatt Ry & Lt Ist & Ref 5s 1956 (d):. 1918 97 1913
Sta Ist 45 1957.......... 3 1910-11 93 1911-12
& Del Canal Ist 58 1916 ,,,9934 1914 9 Feb 710
&Ohio Ae Car’ Trust 1913-1916.444% 1909
& Ohio 424% coll tr Notes,
(Gerace vine 8 aoa ae wie »..100144 May 14
Chesap & Ohio Elevator 43 1938. .. 88 June ’09
Chesapeake & Pot Tel 58 1929........ 10534 Jan ’09
Chesterfield & Lancaster Ist 5s 1955.. 97 1912 .
Chi & Alton Equip Assoc 4s 1913-15. --4:70% Oct 711.
Chicago & Alton Deb 5s 1922 (d).
Chi & Atl Terml (Erie) 5s 1918. .
Chi & East Il] 444% Equip ‘‘E” 1913
Chi & East Ill Equip 5s 1913-22 (d)....544% Dec '12
Chicago & E Ill Purch Mon 1st Lien
Coal 5s 1942 (d)......... 0... .0000- 971% Nov 12
100 ’09,’11,’12
Chi & Great West (Chi T T) 55 1936..105 1909,’11.
Chicago & Milwaukee El Ry 5s 1919. .102 1912
Chicago & Milwaukee E. R R 58 1922.. 6014 July 712 -
Chi & Mil El R R Wisc Div 551925.... 30 Jan 709
Chicago Nor Mich (P M) 53 1931..... 10314 1909-10
Chi & N W Marshfield Ext lst5s1922..109 | 1909
Chicago Bd of Trade 4s 1927 (a)...... 101. Dee 711
Chi Cy & Conn Rys coll tr 5s 1927 (b).. 9214 Jan 712
Chicago City Rys 1st 55 1927......... "104 ¥% Jan ’09
Chi Elevated Rys 5% Rees 1914 (c).. 985% 1912
Chi Hammond & W Ist 6s 1927....... 122 1909
Chi Ind & Louisville Equip 44s Mar
VOUS 221, (A) poco cecasssaraniasiinies arernaily sve sahewe 4%%, 1912
hi Ind & Louisvilie Equip 44%s Apr
ty LOVSS2E CG) a aria 'alecwcten soos, ategsin ei 28 .43%% , 1912
4.70% Oct 709 re
6
4.20% 1909
10034 May 14
91 1909
4.30% Oct °09
lo ec 712
98 712-13-14
11 19
105 1912
95 Jan ’08
95 1908
6 1909
10434 Mar ’14
105 Nov ’10
9234 1911-12
104 % 1909
99 3% 1914
125 1908-09
44% Mar ’12
414%-Mar 12
Bid
90 Oct °10.
79 June714:
5914 Feb ’14
12-18
89 1913-14
90 1913-14
95 1914
115 Jan ’08
92 1910-14
8 July ’14
94 10-13-14
90 Apr 714
106 Dec-’13
92 Jan ’12
95 10-11-13
88 , Sept 13
93 1913
93 Jan ’14
103 Sept 712
2, 1914
80 1909-12
87. 1908-13
92% Jan 714
80 1908-14
96 1911-12
95 1909-10
80 1914
95 1908-13
sooo, aoe Bd
ept
667” **P gos
92% 1908
100 =Sept ’08-
101 Jan 708.
“98 . 1913-14
70 Jan ’08
95 1908
100 10-13-14
54% .1912-13
80 Mar ’08
85 1908-14
95 1908
90 July ’08
91 1918-14
85. 1908-09
40. Sept 708
614%, Apr '08
9844 1912-18
70 1913
10034 Jan ’08
08-14
1% + 1908
80 » 19138
., 90... 1913-14.
144% Jan ’08
544% 1912-13
1912
95 1908-13
80 1910
0. 1913
10f 1909-14
88 July ’1
101 =1913-14
89 1911
77. ‘Dee 18
94% Jan 08
92 Aug ’13
110 ’08-13-14
514 1912-13
Asked
95 Dee ‘12
81 June'l4
60 Feb ’14
5% ‘11-13-14
100 08-10-13
93 1913
91 1918-14
Ha 1913-14
114% Feb 714
95 Aug 710
91 July 14
oe Sept 710
92% 1910
10674 Oct 713
Jan ’12
98 1910
90 1918-14
9414 Dec '13
96 Jan ’14
105 June’l4
84 Apr 714
85 1910-12
90 1914
95 1914
85 1908-14
Be
90 . 1914
101 1913
103 1918-14
18,
400% 1913—
80 ig Jan ’08
99 . 1908
110 July 13
101s Sept ’13
83 Mar ’08
sidi’” “Sept 708
93 1908
93% 1913-14
90°” 1908-09
58. July 08
514% Mar °08
"9634 July 718
70. July ’14
102 Feb ’08
100, 1910-14
A 1908
85 1914
100 1913-14
% 1908-14
% 1914
92 Oct ‘18
110 1911
3 1910
44f 1910
14f Dee 13
45 1914
103% Jan 714
90 Sept "11
781% Jan ’14
oi .: 03
92 ug
* Mar ‘14
434 1912-13
434%, 1912-13"
fig
ee
Bid Asked
ChilInd & Louisv Monon Coal 5s 1936 @ 93 % June! 12! * 95 1912-13
Chi Ind & St Louis S L 1st 4s 1953 98 908-0: 99 Apr '09
Chicago Junction Coll Ref 53 1940..... 98 June 709 95 June’09
Chicago Jct R R 1st 48 1945.......... 94 1908-09 97 Feb ’10
Chicago Pneumatic aan 58 1921...... 95 July ’14. 98 July ’14
Chicago Rys Ist 5s 1927.......... : os 44 Dec 708 102% 1909
Chicago Rys Cons 5s ‘‘A”’ 1927, . 9634 Mar 712 96% Mar ’12
Chicago Rys Cons 5s ‘‘B”’ 1927. | sevees 9144 Jan '12 9114 Feb 712
Chicago Rys Cons 5s ‘‘C” 1927...... “. 94% July'14 96 July 714
Chicago Rys Pur Mon 4s-5s 1927 (d).. aa Mar ‘12 85 _ Feb 712
Chicago Rys Co Adj Inc 4s 1927 (d).. Feb '12 59% Mar ’12
CRI &P Ry Equip 4 4s Feb pea 4 3 % 1909 4144% 1909
CRI & P Ry Equip 44%s A &O.
AOI3—19. (8) sci sss oe i ee aie sa Rete 4K% 1909-10 45% 1908-10
CRI &P Ry coll tr 45 1914-18...... 34%% Apr 709 4%% . 1909
CRI &P Ry Equip 4 4s July 14-27 (d).514%4% Dec 12 56% Dee ‘12
Chi St P Minn &O Sup Sht L5s1930 (c) .109 34 12-18-14 110 . 1911
s 77 ~~... 1918 = 80 . 1914
96°... 1911 ., 98 | 1911-12
Chi Wisc & Minn(Wise Cent) 1st 681916106 1909-11
113% 1909
-106 June’09
80 1908-10
1912
r ; 105 1910-11
Cin & Muskingum Val 4s 1948...... - 93 1909-10
Cin Day & Toledo 58 1922........... 85 1908-09
Cin Edison El 58 1917............... 10234 Feb ’08
Cin Gas Trans Ist 5s 1933 (b)......... 98% 1911
Cin Gas Trans Ist 5s 1933 Double
Guard)... sc nhauore ony eee 2A a 1912
Cin Ham & Day Gen 4 %s 1939 (c).... 6814 1912
Cin Ham & Day Gen 5s 1942,........ 106% June ’09
Cin Lawrence & Aurora 58 1919...................
Cin Leb & Nor (Penna) 5s 1916...... 10213, 1909
Cin N O & Tex Pac Eq 4 4s Var Issues. AY % ‘1911-12
Cincinnati Newpt & Cov 5s 1922......: 104 34 | 1909
Cincinnati Newpt & Cov 2nd 5s 1922. 1 34 Jan 710
Cincinnati Northern 4s 1951.......... 1911
Cin Rich & Ft Wayne 73 1921........... 1909
Cit G & F (T H) 1st&Ref 5s 1960(c).. "934 1912
Cit Lt Ht & Pr (Johnst Pa) 1st 5s
1934 (D) is jccowsas } caus tee allen bie 10034 1911-12
Cit Ry & Lt (Muscatine Ia) Ist.531917.,98 Feb ’12
Cit Ry Lt & Pr (Newp News) 58 1940.. 86 May’l2..
Cit Street R R (Memphis) 1st 63 1916. [110 .1909 ;
Cit St Ry (Indianapolis) Cons 5s 1933. 107
190
Citizens Trac (Pittsb) ist 5s 1927....106 1908-09 4
City - -& Subur (Port Ry Lt & Pr) 6s
PSIG (OMe 5 a cots 5h anchors ide veinenail 101 1912
City 0 Subur ‘(Port Ry Lt & Pr) Cons 4s
Si shigatheh ays adhnieb astuie: oh pteatalaNe gees etaauers 89 1912-13
City r Suburb (U Rys & El! of Balt Ist
5B 1922 ois: nice re ae suerte 3 esis -110 Dee ’08
City & Subur (Wash D C) 5s 1948... .105% Feb ’09
City Electric, (San Fran) 5s 1937 (a)... ane Jan ay
City Gas & El (Paris HIll).5s 1924 (a).. 9444 - 1909.
Clearf & Jeff (Pa & N W) Ist 6s 1927. 1122 14 1909
Clearf & Mah (BR & P) 1st 58 1943..119% Jan_ ’09
Clearf Bit Coal (N ¥Y C & H R) Ist 491940 85 1908
Cleveland & Elyria 68 1915........... 101 %sJuly 712
Clevel & Mariette (Penna) 414s 1935.10534 June’09
Clevel & Sandusky Brew Ist 68 1948.. 84 1911-12
Cleveland & Southwest Ist 5s 1923. apa 1912
Clevel Ak & Col Gen 5s 1927......... 1910-11
Clevy Ak & Col 1st Cons 4s 1940 (Guar) 196% June ’09
Clev Ak & Col Ist Cons 4s 1940 (not
BUAE) oi opace sa Geass week SS RATES 94 1909
Cleveland Elec Ill 1st 5s 1939 (a)..... 102% 1909
Cleveland Berea Ely & Ob 5s 1919...100 1912
Cleveland Ely & West 5s 1920........ 95 Aug *12
Clevel Paias & Asht El Ist 5s 1922. 95 Aug ’08
Cleveland Pains & East 5s 1916....... “99 1911-13.
Cleveland Pains & East Cons 5s 1918 (s), 90 1909
Cleveland Ry Ist 5s 1931 (c)......... 101384 Mar 713
Clevel S W & Col Ry 1st Gen Cons 5s
1027 (A) ieicocia a es 4 deans bond nclaaig 2% 87 1912-13
Clevel Term & Val Ist 4s 1995....... 97144 Mar ’09
Clyde Steamship Ist 5s 1931......... 19
11544 May ’09
10614 June ’09
85 1908-10
99 1912
110 1908-14
95 1908-09
105 Mar 712
101 , 1911
100 1912
10% 1912
109 1909
95 1908-09
105 Dee ’10
414% 1909,’12
108 Aug ’09
94 1911
125 1909
97144 1912
102 1911-12
101 Aug ’09
95 1909-10
112 — ,1909
109 Jan ,%
108 1908-09
105 = =1912-18
92 1912-13
ae Dec ’08
105 1908-12
9514 Jan ’°10
96 1909-11
123% 1909
90 1909
104 1911
10534 _. 1909
17 Feb 714
95 1911-14
112 1909
100 1908
96 1908-09
103 1909-12
100 1908-09
9814 1912-13
100 1908
101 1911-13
9214 1909
103 1913
90 1912-13
98144 May '09
98 1912
85 i913- 14
5 Feb ’08
77 Jan "14
80 1914
6414 Apr ’08
Jan '14
80 Sept ’10
75 Oct *10
77 Sept ’08
65 1913-14
40 June’13
534% 1908-09
54% Dee "12
Asked
88 Aug 13
92 1913
80 Jan 14
84 Dee 713
70 1908
191
871% Aug ’08
754 Aug ‘1
77 Aug ’04
Sh Jan 714
July '12
ly
436% 1908- 18
4.90% Dee 712
8% May ’08 9% Jan '08
554% pee 12 5% Dec ae
f ug ‘14 110 1911
7 yy * 1912 75 June’l12
85 1913 97 Feb '13
98 Mar ’08 105 Ms Oet '10
97 Dec,’13 9814'Dec 713
95 Nov’13 95% July ’13
70, Feb 08 85 1908-10
91 Mar’1l 92 Mar’1l1
100 1908-14 102 1914
80 - 1909 90 1918
1913 63 1914
9B i" Sept 11 10174 May ’10
88144 Nov ’12 89}2 Nov ’12
92 1914 95 June’l4
40 July 714 50 July 714
8214 Feb 09 87 Feb ’09
vad apeemas liebe 70 | 1913-14
93 % 1909 a Y July ’11
64% Apr 08 64% 1908
9314 July 14 | .95 1914
1914 at 1914
15 1908 1908
112 1908 it é 1910-11
91 Oct "11 961% 1911-12
98 Jan ‘14 100 1914
92 Sept ’08 98 1908
70 1911-12 82 1911-12
100 1913-14 104 1 :
97 1914 100 ’08-13-14
102 1914 102 11-18-14
9814 1911-12 100% 1913
80 1908 85 1908
10114 Sept 13 102 Aug 13
op! Pt 908 97% Jan '08
3014 Jan 714 801% June’14
5 Dee 13 80 ee 714
104 “1908 112
95 “ADOS sxssod sree
70 1913 72 1911-13
99 1908,710 100 1908-09
87 Jan ’08 98 ’10-11-13
41 May’09 43° May’09
70 Feb 709 80 Apr 710
97 Mar ’08 1051911-13-14
15 1908 94 1908
82 Aug ’l3 94 1910
99 - 1914 101 1914
92 1908-09 99 1910-11
85, 1908-10 84}4sOct ’08
45. June’14 40 May’14
90 1909-10 98 Sept 10
80 1910-12 85 1911
98% Aug 7138 9914 May’11l
7 1914 78 | 1914
80 1913-14 88 1913-14
90.. Jan ’14 9214 1908
HIGH
x Bid ske Bid Asked
Coal & Coke 58 1919,............... 97 . 1909 981% 1909 80 June’08 85 1908
Coal & Iron Ry (W" Md), 58 1920...... We. 1909 104 1908-09 90 Apr’ ’08 9814 Sept 13
Colo & Sou Eq 5s Ser ‘‘A” 1913—17. 1909 44% 1909-10 674% ‘ 1908 6% 1908
Colo Riv Bridge (I & GN) Ist 7s 1920: 1100 "08-12-18- 0... ee eee 1908-09 a err ae
Colo Sou N O & Pac (StL &SF) Eq 58 ‘
* VOLT () 5 sis eos: 88s pee Se ue. 154% 1911 4, 70% 1912 51% 1911-18 5% 1911-13
Colo Sprs & C C Dist 1st 5a 1930, 10556, Feb ’09 107 | 1909 95 1908 99 May’08
Colo Sprs & C C Dist 1st Cons 5s 1942. en Sept 709 101 Apr 710 85 Aug ’08 92 May’l14
Colorado Springs El 5s 1920 (a)....... 98% 1912 101 1912 94 1910 96 June’09
Colorado Springs Lt & Pr 5s 1919..... 97M, 1912 - 100 1912 93 1908, 10 97 1908
Colo Sprs Lt Ht & Pr ist & Ref 5s _ . : ae nee 7
EO 2Q CD) os 2.x Sortie: aeorond an ae scaeerenive HA 1911-12 — 9194 1912 (90 Oct ’11 944 1910-12
Columbia Gas & El 1st 5s 1927 (a). Jan 712 Jan ’12 ‘55 1910 60 1910-11
Col (S C) Ry Gas & El Ist 5s 1936 ee . bay 1912 3¢ , Sept 12 90 1913-14 3° 1918-14
Columbia St Ry (Wash D C) Ist 6s 1914118 Mar ’09 116 Pi909 100 1912-13 102 1913
Columb St Ry (Wash D C) Ext 5s 1914. ae May '09 106 1909 99 -+ 1913 101 1912-13
Columbus Buck L & New Ist 58 1921..-98 1912-13 100 1912- 938 1913-14 96 1913-14
Columb (Ga) El Co Ist col ir.5s 1933. | 87% Sept’11 93 Feb 708: 83 1913-14 86 Jan ’14
Columbus (O Electric 6s 1922...,... 103°" Jan 708 1054 Apr ’09° 99° ' May’ll 9914....1914
Columbus (O) Gas ist 5s 1932........ 65s June‘ll 101° Sept’08 85 Jan ’08 944% Nov ’11
Col (O) Interur Term Ist 58 1935 (d).... |... ee 95 1912-138 ....... te de 90 1914
Col (O) Lt Ht & Pr Gen 6s 1924 (a). "10034 May’10 101% 1910 70 1914 8614 July ’14
Col Lon & Spring (IC & E) 58 1920 (b) 97 1912 99 1912 91 Nov ’13 6 Nov 713
Columbus New & Zanes Ist 581924 (a). 99 June’12 100 1911-12 92 1914 95 June’l4
Cotumbus New & Zanes Gen & Ref 5s
A926 csc sateen oo seman xe dei we 94 1918 95 Apr ’09 86 July ’714 88 July ’14
Columbus (Ga) Power 5s 1936........ 924% 1909 95 ¥908,’95 85 Apr 708 90 Apr ’08
Columbus (Qhio) Ry 1st 4s 1939...... 8414 1909 ° 874 May 709 = 70 wi 75 4913-14
Columbus (Ohio) St Ry Ist 5s 1932. ..105 1909 10614 Sept ’09 95 191 98 1914
Commonwealth Edison Ist 5s 1943 (a).10354 Apr ’12 10334 Apr 712 100% - 1910 10036 Oct tO
Commonwealth Electric 5s 1943....... 1034 1909, ag 103144 (1909 93 Jan 708 Jan ’08
Commonwealth Pr (Mich) 1st 5s1924..101 Apr ’ 101 1908-11 93 Sept 710 80 | Feb ’08
Computing Tab Rec. 6s 1941 (c)...... 90% 191 95 1911 69% Jan 714 7134 Jan 714
Concord & Montreal Cons 4s 1920... .100 1909 100 1910-11 93°° 1918-14 95 Dec’18~14
Concord & Montreal Deb 4s 1920..... 100% June’09 101% June’09 90 ’08-09-13 93 1913-14
Concord & Montreal Deb 344s 1920... 9314 1911 9 1911 82 1908 90 1913:
Conestoga Traction Ist 4s 1950 (d).... 8614 Apr 712 89 1912-13 8634 Apr ’12 8714 1912-13
Coney Island & Brooklyn 4s 1948. . 85 Apr 708 95 Apr ’08 70 -1908 80 1908
Coney Island & Brooklyn 4s 1955 (a)... 80 1914 85 1909-10 75 1909-12 80 1910-12
Cong Hotel (Chicago) Ist 5s 1913-41 (a) 90 1912-14 95 1912-14 90 1912-14" 95 1912-14
Connecticut River 3}4s 1923 ‘944% Feb ’09 '9434 1911 88 Jan ’08 90% 1913
Connecticut River 4s 1943 1909 100 1911 85 “1913-88 1913
Connellsville & Monon 1st 4s 1930 ( 97144 May’12 99 1912 92 1913 97 1913-14
Consolidated El Lt & Pr (N Orleans)
Ust.55°1936 (6). soi oe G2 sane v seoneen = 91 1911-12 9414 1911-12 90 Oct ’11 9434 1911-12
Consolidated Gas of Baltimore 5s 1939.11214 Jan ’09 11334 Feb 09 103% 1914 105344 Jan 708
Consolidated Gas of BaltiGen 41451954 98 Apr °12 9814 Apr 712 8634 Mar ’08 8714 Apr ’08
Consolidated Gas of N J 5s 1936...... 99 1912 101 1912 80 Apr ’08 86 Apr ’08
Consolidated Gas (Pgh) 5s 1948...... 101 1909 102 1909 40 1914 50 1914
Consolidated Gas E. Lt & Pr ( (Balti) -
Gen 4}48 1935...... 0. Cees ee eens 90 ‘1912 90% Mar ’12 65 1908 71 Apr '08
Consolidated Indiana Coal 5s 1935.... 90 1909 95 Feb ’08 75 Mar’08 82 May’12
Consol Lighting (Vt) Ist 5s 1926 (b)... 98 age 100 1912 941910-12-14 981910-12-14
Consolidated Ry (N H) Cons 34s 1930, 89 1909, 90 1913 73 Apr 708° 84 191
Consolidated Ry (N H) Deb 4s 1954. .: 94 i 94 1910-11 73 Jan ’14 75 Jan ’14
Consolidated Ry (N H) Deb 4s 1955. " 9434 1909 95 1914 73 Jan ’14 76 July '14
Consolidated Ry (N H) Deb 4s 1956.. 9414 1909 90 1908 73 Jan 714 75 Jan 14
Consolidated Ry & Pr (Salt Lake om
« NOE Be TIAL (A) ois eae seem ee ie pve 99 1912-18 100 1911-18 98 Dee ’11 99 1918
Consolidated Rub Tire Inc 4s 1951... . 64 Jan ’14 67 1918 15 Jan 708 22 1908 °
Consolidated Trac of N J Ist 5s 1933. :10644 1909 10734 June’09 96 Jan ’08° 99 Jan ’08
Consolidated Water of Utica Ist 5s 1930101 1912 103°09,’10,’12 90 1908-09 95 1908-09
Consolidated Water of Utica Deb 5s : ae
1930! (8) ss. disor arses Margie oia,2 ginaus wie Ko oo 1909 95 1909 851909-10-14. . 92 1910-12-14
Consolidation Coal 414s 1934......... Aug ’09 97 1909 §=80 ' 1908 85 Jan '08
Consolidation Coa] Ist: & Ref 5s 1950 (c) 38 Mar ’11 97 Mar’1l 938344 Aug '12 9834 1912
Consumers Lt Ht & Pr (Elizabeth N J). Wy ae
58 1938 ies a5 Seite et Pew GRR 112 Mar ’10 105 1908 95 1908-14 100 1908
Consumers Pr (Mich) ist & Ref 5s
U9 3Gs(O)hoyaisie o's o: gaanieniyet ie 5 2x ears ivenseeNiats 96 1911-12 98 1912 95 1911 97 1911
Consumers Pr (Minn) Ist & Ref 5s
1929: (0) wird canary Joh a aahenentus fo wines 0 912-14 92 1911-12 85 Nov’ll 8934 Sept ‘12
Contra Costa Water 58 1915..........10234 aly *09 108% May’09 84 May’l4 92% June’l4
Contra Costa Water Gen 5s 1915 95 1909, 12 99 Jan ’09 85 Feb ’08 90 Feb ’08
Corrigan Consol (K Cy Ry & Lt) 5s 1916108 Ne 708 #110 Nov’08 95 1913 107 1908, '10
Covington & Cin Bridge 4s 1915....... 99 1910 100 ’08-12-14 90 1913-14 98 1913-14
ene (Wm) &SonsS &E Bl dg 1st 5s ‘
1929: ssc ected Fo 8EHI eb eo BRO WE 108 1908-09 107 1908 98 1910-18 100 1910-13
Crosstown St Ry (Buffalo) 1st 5s 1932. .106 1909 108 1909 101 1910 102% 1918
Crosstown St Ry (Columbus O) 5s 1933104 709. 106 =1909-10 95 1914 98 Dee 718
Cumberland & Penna Ist 5s 1921..... 103% 1912 102% 1914 97 1908) eesewas sae oe
958
HIGH LOW
Bid Asked Bid Asked
‘Cumberland Tel & Tel 5s 1918....... 103 1909 107 Feb ’09 90 Jan 08 100 Jan '08
Cumberland Tel & Tel Deb 5s 1920...100 Dec ’08 102 1908-09 85 ' 1908 95 ‘ 1908
pearson! River (K Cy FS & M) Ist 58 54 .
anihaced ce sathaneker afd, ayeblapenteins 2/8 peat 101 % 1912 102% Sept ’12 80 Aug ‘13 90 Aug ’13
ad Aug ’12 93° Oct 12 67 June’08 6534 Jan’ '08
‘Dallas. Elect Corp Col Tr 5s 1922...... 9514'1912-14 98 ‘12-18-14 75 Apr 708 85 1908
;Dallas” Gas Ist 58 1925............... 86 June’ll 98 Jan *08 80 ‘1912 838 May’12
spanliury & ‘Norw (NYNH &H) Cons 5s :
fcsevedetesmnun tt igi, Wag snrrcna Odes pend ie Re 105 1910-12 109 1909-10 100 1913-14 108 1908-11
eee ee ee “107 1911-13 111 (1909-11 100 1914 111 —
‘Danb & Norw (NYNH&H) Ist Ref 4s ; cin
WSS ecco ciaien sn dae ete alee a ae 100 1909, 9634, 1913 84 1913-14 86 1913-14
“Dany (il) St Ry &Li Ref ss, eee - 100 © 1908-11 102 “" 1912 93 (1908-13 95 1918-14
‘Danv Urb & Champ Ist 5s 1923....... 98 ' 1912 100 1908 9234 1909-11 95 1908-11
Darby Media & Chéster St Ry (P R T)
Ist 4%s 1936 ‘ 98 99 Feb 710 88 Dee 12 90 Jan ‘13
“Davies (Wm Co) ist es tae 102% eee es _ 10314 Dee 712 100 1913 101 Aug ’13
Dawson Ry & Coal (El : & S W) Ist / tae :
ereoll tr 58-1951. ee 101) July 711 102 1911 82 1908 90 1908
‘Dayt & Mich C H & D) Ext4 4s 1931. 101. Aug ’12 101 - 1908-12 95 1908-14 991% Jan '09
Dayt Cov & Piqua Trac 5s 1922....... 9334 Aug 712 96 1912-18 984 1914 90 1914
‘Dayton Elec Lt Ist 58 1921........... 100 =1909-14 101 1911-12 92 Jan ’08 99 1910
‘Dayton (O) Gas 55 1930 (b).......... 9944 Jan 112 101 1911-12 94 Jan ’14 96 Jan 14
‘Dayton Lighting 1st 5s 1937 (b)....... 92 1912 95 1912 80 1910 83 1910
Del o Bound Bk (P & R) Ist Cons 3 4s
W958 ected sient soe PERE a8 8 Sake 9314 1908-09 96 Mar’09 81 May’l4 9114 1912
‘Del Riv Term ‘(P & R) Pur Mon 5s 1942.112 34 1909 11544 May’09 102% Jan 708 11314 1908
Del Riy Term (P & R) Ext Pur Mon 5s : c
P NBA Bs ost ade ois 24d eee eaten 112144 1908-09 11314 1908 102 1908 113% 1908
‘Denver & Northwestern Ist 5s 1932.,.1004 May’09 102 May’09 85 Apr 714 88 Apr ’14
Denver City Tramway Pur Mon 5s 1919.100 34 1909-10 10114 1909-10 93% 1908 96 Feb '08
Denv Cy Tramway Ist & Ref 5s 1933 (a) 9614 ©1910 99 1911-14 86 Dec 13 89 19138
Denv Cons Tram Cons 5s 1933....... 100% 1909-10 101% 1909-10 94 1908 96 - 1908
Denv Gas & El Conv 6% Noe, 1914 ie y 1912 101 1912 95 Jan 14 98 July 14
Denver Gas & Elec Ist 55 1949....... 1909, ’12 971441909,’12 76 Jan ’08 80 Jan ’08
Denver Tramway Pr 1st Imp fe 1923. “108 1909, 102 1909 91 Mar’08 93 #£=Mar’08
Denv Tramw Term Ist 5s 1916-37 (d)..5 i % . 1912 5%% 1912 53% 1912' 54% 1912
Denver Union Water 58 1914......... .1908-09 96 1908-09 61 1914 641% July ‘14
Des Moines City Ry Ref 5s 1921...... 35 1908 95 ’09-12-13 87 Jan "11 92 Jan ‘14
Detroit & Flint (Det U) 55 1921....... 944% 1909 954% 1909-10 84 Feb ’14 90 “1908
Det & L St Clair (Det U) 58 1920..... 90 1908-10 95 1908-11 80 1911 85 1911-12
Det & N W (Det U) 44s 1921........ 944% 1909-10 99 1908 85 Nov ’08 90 1908
Detroit & Pontiac (Det U) 5s 1922... .102 1909-11 106 1908-11 98 1914 100 1914
Det & Pontiac (Det U) Cons 44s 1926 93 ., 21909 96 Jan 709 82 Apr 714 88 1913-14
Det & Pt Huron S L (Det U) 1st 581950. 86 1909 90 Nov’08 75 Dee 713 81 Dee '12
Det & Toledo Sh L Ist 45 1953....... 86 ‘1909-10 91 1909 §=78 1908 82 1908
Detroit Edison Conv 6 % Deb 1920 (b).127 Dec ’12 123 Aug 712 103% 1910 103%. 1910
Detroit Edison Conv 6 % Deb 1921 (c).125 Dee 12 119 1912 10614'Mar ’11 107% Mar ‘11
Detroit El Ry (Det U) Cons 5s 1916... 98 1911 100 1908 82 1914 87 1914
Det Ft Wayne & B Isle lst 55 1928.... 96 1909-10 9814 1909-10 82 1912-13 90 '12-13-14
Detroit Grand H & Mil lst Eq6s1918..110 Oct '09 11244 Oct’09 100 1914 102% July ‘14
Det Grand Haven & Mil Cons 6s 1918 .106 1910 110 1910 100 1914 103 © 1914
Det Gd Rap & West (P M) Ist 481946 9114 1909 94 Apr ’09 56 1914 5934 June’14
Det Mackin & MarqLd GrInc7s1911. 37 July ’11, 45 1908-09 20 1911-18 26% Dee ’11
Det Monr & Tol S L (Det U) 1st 5s 1933 erie 1909,10 99 1908-09 89 Oct 713 91 Dee 713
Detroit Ry (Det U) Ist 5s 1913-24. ‘97 1909, 11 100 June’09 | ‘88, 19138 | 89 1912-18
Detroit Roch Romeo & L O 5s 1920... 99 34 1909 103 Feb 08 90 1908-14 95 Nov’08
Detroit Ypsi & A A 6s 1917........... ‘100° .1908-12 101% | 1913 100 08-12-13 100 1913-14
Detroit Ypsi & A A Cons 6s 1924...... 100%. 1914 102 1908-11 99 1908-12 100 July 713
Det Ypsi A A & Jack (Det U) Ist 5s vow 89, 1911-12 92 Mar "12 68 1908 70 1908
Diamond Match Conv Deb 6s 1920 (c).109 uy 1912 111 Mar ’12 102% July 718 103% Mar ’11
Dominion Coal 5s 1940............... 993% June’12 100 ’09,’12,"14 88 May’08 9114 Sept ’08
Dominion Iron & Steel 55 1929....... 9644 Aug 09 97 Aug 09 701% Jan °08 724% Jan ’08
Dry Dock E Bway & Bat (Int-Met) 5% :
Certfs of Indebt 1914.......... ; ... 7 Jan 708 85 Jan ’08 2if July 14 27. July 14
Dry Dock E Bway & Bat (Int-Met) Ist i :
35 1932...... m eee 10044 1912-13 105 1913 85 Feb 08 92 May’08
Duluth Edison El Ist 55 1931......... 100 1909-10 102 1909". 90 1908-14 93 1908
Duluth Mis & Nor Ist 68 1922........ 108 1910 105 Mar ’l4 100 1908 105 Mar ’14
Duluth Mis & Nor lst Cons 68 1923. ..106 AOUO! | os ccinepichs oa 100 °08-18-14 .............
Duluth Rainy Lake & Win 1st 5s 1916. 9914 Apr ’09 102 Apr 709 90 1908 98 1908-13
Duluth St Ry (D S Trac) 1st 58 1930..101 Oct 712 102% 1909 83 .Mar’08 91 Jan ’08
Duluth Union Dep (N Pac) 55.1930....104 Dec 708 ........... sae 95 Jan ’08 .............
Duquesne Trac (Pittsburgh) 1st 5s 1930106 1909 110 Aug ’09 98 1914 101 1913-14
Dutchess County 414s 1940........... 105 1909 108 May’09 90 1908 96 Feb 714
enix Mfg 5s 1926........ 103 July ’09 106 July 09 90 Aug 713 95 1912
Pee one ch g "1912 101 1912-18 95 Oct ‘11 98 1912
East Ohio Gas Ist 58 1939 (c). 99 1 0
East St Louis & Suburban coll tr 5s 1932 99 % 1909 100% 1909 90 1918-14 92 1913-14
959
960
HIGH LOW
oe Asked Bid Asked
Eastern Penna Rys Ist 5s 1936....... -99 June’08 71 .Nov’12 7314 Mar 713
Eastern Steamship Ist 5s 1927.....: 300 3 1912-18 102% 1912 75 1908 885. 1908
Eastern Steel lst 5s 1931 (d).. 87 1912 94 Mar’12 70 1914 89 1914
Eastern Wisc Ry & Lt 1st 5s 192: a : 95 1910-14, 97 '08-12-14 90 1908-09 95 1908-14
Easton Consol (L V T) 58 1949........ 102 Feb 710 104% 1909 90 Aug ’10 98 1909-10
Easton Pal & S Beth (L V T)1st5s1918 99 Dee ’12 100% 1914 93 1910 96 1910
Economy Lt & Pr(Joliet) 1st 553 1956.. 98 1912 100 1908-14 91 Aug 09 95 1908-09
Edgefield St Ry (Nashv) Cons 6s 1920. "112 1908-09 115 Dee 708 105 1913-14 107 1914
Edison Elec Co (NO Ry & Lt) 58 1929...10514 ia "11 107% July 09 85 May’08 92 1908
Edison Elec Co of Los Angeles lat & ‘ : .
Ref 5s 1922 (b).............006- ..102 Mar ’10 103 1912 9614 Sept’10 98 Jan ’14
Edison Elec Lt 5 % Certfs 1946. ‘1109 1910 110 May’l0 102 Jan 708 104, Jan ’08
Eighth Ave (Int-Met) 6% Certfs of In- is j
Pebt. 1914 iii cag seis de 3 segs 00 84 -100 1908 105 1908 95 1908-12 100 1908-
Hasetrieal ee Corp coll tr 5s 1935... 99 909-138 101 1912-18 88 Aug ’08 93 1908
Elgin Aurora & Sou (AE & C) 5s ae 99% ie 711 «#100 Ys Aug’ll 96 81908-1383 96 Jan ’08
Elizabeth Plainf & Cent Jer tg S C of '
N J) Ist 58 1950.2... ee eee 98 1914 100 Apr ’09 80., 1908 | 85. 1908
Elkin & Allegheny ‘ist 6s 1941 (d). 98 ‘12-18-14 100° 712-13-14 97 ° 1914 100. 1912-14
Elmira & Williamspt lst 4s Ext 1950 (b).. 102 1910 ae 84 Apr 710 93 1913' oe July ’14
Elmira & Williamspt Income 5s 2862...112 1911-12 113 1914 96% 1908 111° July 714
Elmira Water Lt & R R 1st.58 1949. ..102 1911 103 % 1911 95 Aug °18 98 Xs ‘Nov’10
-Elmira Water Lt & RR 1st & Cons 5s e ?
1956 (a) orc ai. asguris ees cade @mewiomen 93 1911 .95 '10-12-18 90° 1909-11 91sJuly 11
El Paso & Rock Island (EP &S Ww) 1st sae a
Se 195 Ns cay oo tains Seo gee hase g 103 1909 107 1909-10 85 Jan 08 95 1908
El Paso Co Coll. tr 5s 1932........... 98 ’09-12-14 100 1909-12 88 Nov ’08 92% 1908
Elyria & Oberlin 68 1917............. 101 1910 104 1911 99 1908,710 100s 1908-13
Empire Dist El ist 5s 1949 (c)........ 89 Apr 712 91 Jan 12 70 Dee 13 75 Dee. ’13
Empire G & E & Empire Coke 1st & Ref . :
Ba LOAV A) wisi cisesirwrn, 40s a teeese at ae 1. 91% 1913 9814 1913-14 95_ 1912 97% | 1912
Enid (Okla) El & Gas ‘Tet 6s 1920 (d)... 98 1912-13 101 1912-18 94° July 714° 98° 1914
Equitable Gas (Memphis) Lat 5s 1929... .102 1910 103 . 1910., 90, Dee 708 95 ‘Dee ’08
Equitable Gas (N Y) 5s 1932......... 108 Jan 09 112 Jan 09 983, Jan 708°100 Jan ’08
Equitable Gas & El (Utica). fst 581942.103 1909712 105 1908-09 95' Jan 708 98 Jan '08
Equitable Ilium Gas (Phila) 5s 1928... .10734. 1908 110 Sept 708 10414 Feb 08, 105 Feb ’08
Erie & Western Trans Ist 4s 1925. 100 -1908-10 101 1908-09 94 1918-14 96 1913-14
Erie Elec Motor 58 1941.......... ..104 | ey 10614 Aug 09 95, 1913-14 98 uly °18
Erie R R Equip 4s M & N 1913- 16... 454% 1912 44% 1912 ‘8% Feb 708 714% Jan ’08
Erie R R 6 % Coll: Notes 1914 (c)...... 10134 Mar 712, 101% 1912 98 Aug ’13 99 Aug 718
Erie R R 5% coll tr Notes 1914 (d)....100 54 1914. 10054 1914 98 July 14 9934 Jan ’14
‘Erie R R Equip 4 4s Feb 1914-21 (d). ‘434% 1912 444% May ’12 5% 1912-13 4.80% Nov '12
Erie R R 5% coll tr Notes 1915 (d).... 99% a» 10014 May’14_— 875 1913 98 Oct 12
European & N Amer (Me C) 4s 1933. .100 1909 98 .1909-12 , 93 1908 96 1912
Evans & Indianap Ist 6s 1924. ez “118 Aug 709 114 21908 95 1913 114 1908
Evansville & Princeton 1st 5s 1923... 97 712-18-14 100 1909-14 94 1918-14 100 1910-14
Evansville Electric 1st 45 1921...... ve, 8 1914 89 1913-14 77 June’08 80 1909-10
Evansville Gas & El Lt 55 1932....... 100 Jan ’10 100 1908-09 90 ..June’10' 94 June’ld
Evans TH & Chi (C & ED) Inc 65 1920.115 1908-09 ............. 100 1913. ned peewee Be
Fairmont & Clarksb Trac Ist 5s 1938. .101 1911-12 102 Apr ’14 914 1908-09 93 1908
Fairmont Coal 5s 1931............... 974 Apr ‘11 1908-09 80 Jan 708 87 Mar ’08
Fiarmount Park Trans Ist 58.1937 (d). 90 1914. 96 ’12-13-14 90 “1914 95 1918
Federal Lt & Trac ist 5s 1942 (d)..... 92% 1912 93% 1912 88 1918-14 91° 1913-14
a te & Pleas Val Pgr Ry (Pittsb) 5s - :
Albans Oy eae tiya“o. a syn anald © a aroagyie «107 34, 1908 110 1909 99 , 1913 102% 1913
Federal Sugar Ref 5 % Notes 1914. 9934, Apr 714 1004 May’l4 94 “1918 ' 96° Aug 13
Ferries & Cliff House (U R R of. = a) < ata
68 1914 oss cea -105 44, Aug "09 108 1%. Mar ’09 98% 1918 ‘99 Nov ‘18
Fitchburg 4%s 1914.... ..101% 1909-10 ‘1014 1911-12 97 May’13 100 1918
Fitchburg 48,1915... ..-100 1909 9934 1912 96 1908-13 98% 1918
Fitchburg 45 1916........... lating 7100 _ 1909 99.42 1912 96 Jan 708 98 Apr ’18
Fitchburg 3 4s 1920...... 95 1909 95 1909-10 87 1913-14 91 1913-14
Fitchburg 334s 1921...... 95 _ 1909 95 1909-10 86 1913-14 90 1913-14
Fitchburg Ref 4s 1925..... 100 1909 100 Jan. ’08, 88 1913-14 91 1913-14
Fitchburg Ref 4s 1927..... ane 1909 9714%.1912-18° 87 Jan.714 91 1918-14
Fitchburg Ref 4 14s 1928 -107 1909 1083 Mar’09 . 92. 19 95 1913
Fitchburg 48 1928...............¢. -100 1909 . 98 1912 87° 1918-14 91 1913-14
Flint & Pere Marq (P M) 4s 1920 (0)! 103% 1911- 13° 106% ©1913 72 1914 85 1914
Fit & P Marq (P M) Tol Div 5s 1937 (d). 93 1912 96 1912-18 88 , 1913-14. 95 1914
Florida Southern Ist 4s 1945......... 95% Jan ’09 9534 a ne 75° Jan 708 82 1908
Florida West Shore Ist 5s 1934...... . 984% 1912 100% .. 1912 70 1 90 §=©1908-09
Fonda Johns & Glover Ist Cons Ref :
ANG 1948 ie ye ve ais Ba eRe eat 2% 97 1911 100 1912 83 1910 85 July 710
Fonda Jn & Glovers Gen Ref 48 1950.. 95 Feb ’08. 100 Feb ’08 80 ee eae 8516 1912
Fonda Jn & GI lst Cons Ref 414s 1952. 90 1912, 9144 1911 75 | 1908 80 1908
Fort Pitt Trac (Pitts) lst 5s 1935......105 1908-10 108 1909-10 96 July 714 10014 1913-14
Ft Smith & Western Ist 4s 1954 (c)... 45f 1911-13 ; 55f °11-138-14 45f 1911-13 52f Feb ’11
Fort St Un Dep (Detroit) 4448 1941;... 95 1908-09 0 0 1908 82 July 14, 86 191
Ft Wayne & Wabash Val Trac 1st Cons : ;
5S 198M sie stig & siearaie Sisgaembiane te acer tes 8814 Feb ’12 90 1908 ‘73 ' 1918-14 74 Jan 14
HI
. Bi
Ft Wayne Bluff & Marion 1st 5s 1935,. 9214 1911
Ft Wayne Van W & L Trac Ist 58 1930. 93° 1908-09
ae ae Mad & St Nich (Int-Met) Ist 6s
9914 1909-01
1912
97 1911-12
(b Nia 9 1912-14
Gary & Interurban Isf 5s Ref 1930 (c). 94 1911
Gas & El Co of Bergen Co Gen 581954. 98 1912-14
General Baking Ist 6s 1936 (d)....... 96 Oct '12
Géneral Rubber 414% Deb 1915...... 9754 1911-12
Geor & Ala Term (S A L) Ist 58 1948..10544 Aug ’11
Ga Coast & Piedmont Ist 5s 1962..... 90 1908
Georgia Elec Lt (Ga al & El) 58 1930. .10114 1911
Georg Lt Pr & Ry Ist lien 5s 1941 L fh 90e 1912
Georg R R & Banking 6s 1922. Ma
Georg R R & Banking 5s 1922.
Georg R R & Banking 4s 1947
Georgia Ry & El 58 1932..,.......... 02% Aug
Georgia Ry & El Ref & imp 58 1949 b) 98 34 eg 712
Ga South & Fla Ist 58 1945.......... 109 10
i alaisyge tees aatshaeatca 92 a) Mawes ds sda Buss 103 1911
oe & Harrisb Ry (& P R) Cons 5s
folks at suasweps Gye. ay os RUaeOnedica, Seanad ie Ag 105 May’12
Girerd Pt Storage 3146 1940.......... 90 1908-09
Gord Ironsides & Fares Nes a 1927 (@)s ss serenaded Se
Gelfleibs Bauers-Strauss Brew 1st 4s
iia Sirierievta Guat onenetishe tee acegetadens ars Say ts 55 May’12
Gottleib-Bauers- Strauss 2nd Inc. 53s
ots rene cece Gyarnestee fh eave faa May '12
Gd Rapids &Ind Muskegon Div 5s 1926 85 1910
Gd Rapids & Ind Ext Ist 4148 1941....1074%4 1909
d Rapids Beld & Sag 1st 5s 1924 100 June’09
rand Rapids Edison 5s 1916......... 100 = =1909,712
Gd Rapids Gd Haven & Musk Ry lst
561926 (D) a. 36s costo tise oo. we ze
Spend Trunk West Ist 4s £ (a) 1950
rand Trunk West Ist 4s $ (a) 1950. 1909
Great Falls Pr Ist 5s 1940 (d)........ of 1913-14
Gt Northern of Can Cons 4s 1934..... 83 09-12-13
Great Northern Paper 5s 1927........ 100 1909-12
Great Western Power 5s 1946 (a)..... 93 1909-10
Greenwich Tramway Ist 5s 1931...... 106 = 1910,’12
Guanjuato Power & El 1st 65'1932. 99 Sebt ’09
Gulf Beau & Kan Cy Ist 68 1913...... 5101 44 Mar 711
Gulf Beau & Kan Cy 2nd 58 1913..... 101 9 =Apr 711
Gulf Term’! of Mobile 1st 4s 1957..... 89 Feb ’10
Halifax El Tramway Ist 5s 1916 (b)...102 Nov 710
Hall Signal 1st 68 1915............... 100 =1908,’10
Hamburg Ry (B & LE T) 48 1926 (b).. 84 1910-11
Hartford & ConnWest Ext fas . 1481923103 June’09
Hartford & Springfield 55 1921........ 99 Jan 708
rtford Mauch & Rockville 3 1924..107 June’l2
Harwood Electric 5s 1939 (c)......... 102. Apr 712
Harwood Electric 1st & Hef 68 1942 (d)100 14
Havana Tobacco 5s 1922,............ 69 pr 710
Haverhill Gas Supply lst 58 1929..... 98 1910
Hawaiian Com & Sug 58 1919........ 106% 1909-10
Hecker-Jones-Jewell 6s 1922......... 108 Aug ’09
Helena Lt & Ry Ist 68 1925,......... 92 Jan ’09
Hereford (Me Cent) 48 1930.......... 96 1908
Hestonville Man & Fair (Phila R T)
56.1924. wii0 4 catvniies wimaienapa s seven ae July ’09
Hoboken Ferry 5s 1946.............. 1909-11
Hoboken Land & Imp Ist 5s 1930 (c). “106 Feb "11
Hocking Val 4% Equip No 1 1913-18, .434% 1911-12
Hoester-Columbus Brew 1st 65 1955.. 6814 1911
Home Tel & Tel (Los Ang) 1st 5s 1933. 92 May ’09
Home Tel & Tel (Los Angeles) Ist Ref
2 68 1945: W o.05 talon Ga oa speak eRe 81 May’12
Honolulu R T & Land Ist 6s 1927... ee May ’09
Hoosac Tunnel & Wilm lst 58 1922... 98 1908
Houghton Oo (Mich) E! Lt 1st 5s 1927.. 98 Jan °10
Houghton County St Ry 5s 1920 isclacyieee | 9814 Dee °12
961°
95 ’09,'10,'12 .
1913
Gd River Val (Mich Cent) 45'1959 De ip 1910-12:
38 1909
GH
Asked
100 1908-10
95 1908-09
101 1912
75 1909
99 1911-13
98 1909-10
98 1914
95 ’11-12-14
101 1914
99 Oct
99% Apr ’14
se 1913
1908-11
102% 1909-12
93e 1912
110 Dee 712
97 1909-10
103% Feb '12
9944 1911-12
112 Jan ’09
104% 1911
106 Aug 711
92 1908-09
100 ’12-13-14
554% May 12
18% May ’12
90 Mar ’11
10734 1908-09
10214 Aug 709
101% June ’09
95 1910-11
100 1909
100 1909
98 1913-14
85 09-12-13
10 1909-12
96 1909-10
105 1908
101 1908-09
105
100 = 1908,’11°
91 Feb ’10
103 1911
103% 1908
86 1910-12
103. Feb ’08
103 Jan 708
110 1909
103 1913-14
103 1% June’18
72 July ’09
100 1908, 710
‘409 = Oct 709
111. Aug ’09
97% Jan ’09
9 908
108s Nov ’08
110 Jan ’11
105% 1911
434% 1911-12
70 Dee ’10
95 May’09
88 Dee ’08
112 Nov ’08
103 1908
100 Jan 710
100 1911-12
LOW
Bid Asked
90 1918 90% 1918-14
78 Apr 711 82% Apr. Jil
90 Mar’08 96 Sept 708
25 1910 50 1908-11
91 1914 904sFeb '12
85 1908 9214 1908-09
92 1911 95 ’10-11-14
88 June’l13 90 June’13
1908 87 Nov ‘08
8844 Apr 14 87% July 14
190 87 Jan 708
80 1908 85 1
60 Aug ’1l 80 July ’11
96 1908 96 1
75 1914 77 Dee 712
101 1914 108
100 W908. iss AslnaSyien some
85 1913 88 1914
89 Jan '08 95 Jan ’08
9 1918 95 July 13
9814 Apr 08 99 Mar ’08
938 Jan 709 98 1913
100 1908 101 Aug ’10
80 Nov’09 86 1908-11
i aoliabnsusas ner ees 100 12-18-14
25% July 14 30 July 14
2 1913 8% 1911-14
50 1908 75 Jan’ 08
92 Aug 713 102% 191
90 1908,11 92 1912-18
95 Jan '12 96 1908
82 1913-14 85 1913-14
90 TONS sus seid shesaveet ears
85 1914 87 1
85 uly ’14 87 July ’14
93% 19 5 191
50 Jan’08 6 Mar ’08
99 1913 100 1908-09
794% Nov ’18 80 Jan '14
0 ’08-18-14 103 Feb '14
9 1912-13 2 Sept 13
94 Jan-’08 101 Oct ’11
80 1908-09 98 1910-11
80 1913-14 86% 1914
99 Oct 710 99%4sDee 712
94 1914 100 ’09,’11,'18
82 1908 86 1910-12
98 1908,710 101 Jan 708
88 1911-14 91 1911
110 Jan ’08 108 1912
95 7 1912
9914 Dee °12 0 Jan 714
40f 1911 50f 1908, ’11
0 708,714 _ 08.
96 ‘1908 96 Mar ’08
95 1908 100 1918-14
80 Oct ’08 85 1908-14
87 96 1
101 1918-14 102s Oct 710
95 1908 Jan 08
99 1913 102 1913
644% 1908-09 % 1908~09
385 Mar’08 85 May’09
78 1908-138 81 1
65 Feb ’14 78 1910
100 Jan 711 108 Jan 14
80 1913 5 1910-12
90 Nov’08 92% 1908
93 1908-09 90 1908
Bid
Houghton Co Trac 1st Cons 5s 1937... 9478 1912
Houston Electric 5s 1925............. 9872 Dee ’12
Hudson & Mahattan Ist 4s 4 1957 jah 1909-10
Hudson Coal (D & H) Deb 4s 1913-17. 58 1908
Hudson Navigation 6s 1938 (a)....... | 95 1909-12:
Hudson River G & El 1st 5s 1929. -100 Jan 708
uebner-Toledo Brew 6s 1930........ 7834 Mar ’12
Huntingdon & Broad Top Ist 481920... 9714 1909
Huntingdon & Broad Top Cons 5s 1925101 314 1908
Huntingdon & Broad Top 2nd 481925. 95 .. 1909
Hutchinson & South Ist 5s 1928...... 104 Sept 712
daho & Wash Nor Ist 5s 1932 (c). 98 Dee 711
daho-Gregon Lt & Pr ist & Ref 68 ;
1925-40 (e)............. a 1911
ill Cent 414% Notes Las (a) ..1004% Mar 14
Til Central Trac 1st 5s 1933.......... - 96 1913
Ill Northern Util 1st & Ref 5s 1957 (d).. 1912
fe Valley Ry, 1s 5s 1935 ©). 96 1913-14
ndependent Brew 6s 1955. 1% 1911
Indiana & Mich El 5s 1957. | 97 1909-11
ndiana Col & EastTracGen RRerss1926 92 4 June ‘12
Indiana Co! & Sou Trac Ist 5s 1923. es 84 1912
Indiana Co Ist 5s 1950 (c)............ 1911-12
Indiana Lighting 4s 1958 (a).. ae
indiana Northern 1st 5s 1933... a 3
ndiana Union Trac 1st 5s 1933....... 83 Oct 12
Indianapolis & Eastern 5s 1927....... 105 Sept 712
Indianap & Greensb’g R T 1st 5s 1929. 102 ye Nov 712
Eaiesuolte & Martinsville R T Ist 58°
NOS2: (a) nos oous tie a dees x du waive Oe eee 91 913
Indianap & Northwn Trac Ist 55 1923. 94 1911-12
Indianapolis & St L ist 7s 1919 Serle
SEN BS CP sos cds «caresses Jan ’09
Indianap &Southeastn Trac 1st 58 1935 8 Aug 712
Indianapolis Gas 5s 1952......... Feb 708
Indianap Northn (U T of I) 5s 1932 ‘ ad Sept ’09
Indianap Shelby & S E Ist 5s 1932.... 95 July 714
ndianapolis St Ry Gen 4s 1933... . 8634 Mar 09
Indianap Trac & Term’! Ist 5s 193 - 99% Dec 712
Indianapolis Water 5s 1926....... 101 1911
Indianap Water Ist & Ref 4146 1940 c). sae ir ts
Internat & Gt Nor 5 % Notes 1914 (d).. 98% 1913
Internat Agricultural Corp Ist & toll tr
6 COB 982 (Dic 6 othectscse scsi viene ss a orient 93 1912
Internat Harvester 5 % Notes 1915 (d). ms Ke Mar 12
International. Salt 53 1951............ June ’09
International Silver 6s 1948.:......... 1 1910-12
Interstate Rys coll tr 4s 1943 ate eB 64 Apr 712
Interurban Ry & Term’! Ist 5s 1928... 95 1910-12
Towa Falls & Sioux City ist.7s 1917...120 1908-09
Iowa Ry & Lt (Cedar Rapids) 1st &
Ref 53 19382 (d)................00- 96 1912
Jackson & Battle Creek (M U) 58 1923 98 1911=13
Jackson Consol Trac (M U) 5s 1934... 99 June’09
Jackson (Mich) Gas 58 1937.......... 99 _, 1912
Jackson (Miss) Lt& Trac 1st,55 1922 (d) 94 1912-13
Jacksonville Electric 5s 1927.......... 99 1911-12
Jacksonville (Fla) Gas Ist 581942 (d).. 94 Apr 712
Jacksonvillé Terminal 1st 5g 1939..... 101 1909-10
Jacksonville Trac Ist Cons 58 1931 (c). 9514 1912
efferson & Clearfield C &I iat 5s lase 101 1912
Jefferson & Clearfield C&I 2nd 581926 95 | 1908-12
Jefferson R R (Erie) Ext 59 1919...... ans %_ 1909
Jersey Central Trac Ist 5s 1931 (d).. July °12
Jersey Cent Trac Gen&Ref 5s 1954(d) . 1912
Jersey Cy Hob & Pat (P S C of N
AGVI9AS. 3.20 seal goin caus oes 6 oevde 74 Apr '12
Johnstown P Ry (Am Rys) 4s 1931 (a) . 1912
Joliet & North Ind (Mich Cent) a
BS MDG ited. ass isin ten cokes waves eaac met 99 1908-09
Jones & Laughlin Steel 5s 1939 a) “1081 1909,°11
Joplin & Pittsburg 1st 5s 1930 (c)..... 95% 1 1911-12
Joplin Union Station 18t 414s 1940 (b)..10134 Aug °10
Kalamazoo & White Pigeon (LS & :
M 8) 59 1940..... 0c eee 11744 Mar ’09
Kalamazoo A & Gd Rap (LS & M8)
«WS 59: 1996 eos Pe ces aay ees ae 118 Apr ’10
Kanawha & Mich (Fol & OC) Equip é
4}4s 1913-22 (d).... 0.0... eee eee 544% Dee '12
962
Asked Bid
7 191 90 1913-14
10! 1912-14 90 190
90 1909-18 62 Feb ’13
100 1909-10 90 1910-14
100 1910-12 82 July ’14
100 1908-14 95 1908-14
744% Mar’12 40 June’0
2° Jan ’09 84 . 1913-14
103 1908-09 80 1911-14
97 1909 8 ov 713
107 1909 90 1908
100 1911 90 1912
00 1911 2, 1913
100% 1914 98% 1913
100 1908 90° 1909-11
96 1912 86 . 1914
100 1913 92 May’12
96 Feb 708 60 May’l4
99 ’10-12-13 90 eduly 13
96 Jan "08 83 ‘11
103 1912 96 1914
cabs eees Heda eceyeua 97 1912
74 1912 61 Aug ’10
96 1908-09 76 1913
85 Feb 13 68 1910
1038 1912-18 8634 1908
105 1909,12 9544 Aug 708
97 1918 87 1914
97 1910-11 85 1908
125 1908-09 105 1913
88 1910-14 80 1909-14
101% =61918 | 70~=—- 1911-12
314 1909 79 Dee 713
101°" 1912-138 90 1909
874% .1909' 75 Jan ’14
101° July 09 = 90 1908
03 Aug’1l 94 Mar’14
94 1911-13 83 1914
105 1912 87 1908
99% 1913 89 duly 714
95 .. 1912 52, Jan 14
101 Mar’12 98 July °13
62 June’09 35 Feb ’09
112% Apr 710 98 | 1908
64144 Apr "12 84. Oct 08
105° 1908-10 88 May’10
120 1909 104 1913
97% 1918 90 1918-14
100 08-12-18 93 Aug ’08
100 1909-14 90 1909
102 1912-18 85 1908
97 1912-18 92 1918
101 (711-1214 9) 1908
97% 1912 92 12-18-14
a herve ae teats 90 708-18-14
97% 1912
5 Jan ’09 100 ’08,711,'12
90 1908 90 May’0
106° 1909 98 1908
100 12-18-14 94 12-13-14
100 Jan 12 80 12-18-14
83 Apr 12 56 Jan ’08
89 1912 83 1913-14
100 1908-09 87 Dec ’13
ane June’11 100 1911
Dec 12 92 1913-14
10234 Jan ‘11 90 1914
115% 1912 100 Jan ’08
100 1918
5Y%% Dee *12
_; Asked
92 1
95 1908-09
65 1
100 1909-10
88 July 714
98 1911-12
45 June’09
89 1913-14
85 1914
1913-14
104 1913-14
75 1913-14
95 , 1913-15
99% 1912-13
94 Oct 711
88 1914
96 Nov’ll
88 May’14
95° July 718
85 Feb ’11
98 191
63 1909
15 1913
717 1911-12
90 Jan ’08
99 Mar ’09
92 09-12-13
90 1908-09
116 June’12
85 1908-12
80 1911-12
80 Dee °13
94 1910-11
7. Jan ’1
921% 1908
96% Jan 714
87 Jan 714
90 190
92 1914
55 Jan *14
9834 July 13
4 Feb 710
8 1908
38 Oct ’0
May’1
101% Apr °18
92 Jan 714
93 1908
98 1909
89 1908
96 1913
92 1908
95 1912
95 1913-14
99 1
90
1908
100 34 1908
96 1914
85 712-13-14
58 Jan 08
8634 1909-10
ab 1908
10034 1910-11
1912
1 0 1911
115 1912
ween we nner ne
5% Dee 12
4
HIGH
¢ - Bid
Kankakee & S W (Ill Cent) 6s 1921...111 Jan ’09
Kankakee (Iil) Gas & El Ist & Ref 53
TSO hia ish Ge oi am mone d emo nan xo 98 Oct 712
Kansas & Col Pac (Mo Pac): Ist & Ref
2 GE U98S OD) 0 ois cag eaerayeld arn) Saladin od oat 11.) Mar ‘11
Kansas Cy & Missouri ist 5s 1922. 98 1909-12
Kansas Cy & N W 1st 5s 1933........ 00 1909-10
Kansas Cy & Westpt Belt Ry (KCRy &
Lt) 86 192G i ew ee cb Fes aK 100 =June’09
Kansas City Belt Ist 65s 1916.......... 109 1909
Kansas City Brew 6s 1930............ 70 July 709
Kan Cy Clint & Springf Ist 5s 1925... 97 1912
Kansas ay piey Ry — Cy Ry & Lt)
_48 Oe ee ee eee 88 1909
ie ae edeaapniteca Meter ein \aret kee talesp oc vl 107 1909
Kan és at S&Mem Equip 44421913-15 5% 1909-12
Kansas City Home Telephone 5s 1923.. 92 July 12
Kan City Long Dist Tel 5s 1925 (b). . 91% %o13
Kansas City Mem & Birm Gen 4s 1934. 9814 1909-10
Kansas City Mem & Birm Inc 5s 1934... 91 1910-11
Kan City Mem & Birm Inc 5s Assented. 9114 1910
Kan City Ry & Lt 6%Notes1912(a) . - 10034 May ’11
an Cy Ry & Lt Lien Ref 5s 1913. 98 1909
Kan Cy Viaduct & Term’! Ry 1st 4lgs
DE i foo Sines isso ut bia onienias Gig ce lames nat eer BE do 44f 1913
Kansas City Western Ist & Ref5s1925. 95 Mar 08
Kansas Gas & Elec Ist 5s 1922 (c).... 98 1911-12
Kansas Natural Gas Ist 6s 1916...... : 100% 1911
Kansas Natural Gas 2nd 65 1918...... 94 Oct *09
Kentucky Trac & Terml Ist & Ref 5s
1951 CO) nasi Rarenmnnes 9 Vaan a8 0 1911-12
Keokuk & Des M (CRI & P)1st5s pee 1909
Kings County Gas & Ill 1st 5s 1940 (c).. 1911-12
Kinloch Long Dist Tel Ist 58 1929...... as Apr ’12
Knickerbocker Ice 1st 5s 1941 (c)..... 931g Oct 711
Knox & Line (MeCent) Ist Pen Sh L 4s 96 1908
Knoxville Gas 1st 53 1933............ 90 1912-13
Knoxville Ry & Lt Cons 55 1945...... 101. Mar ’08
Knoxville Ry & Lt Ref & Ext 5s 1946 (d) 9244 1912
Knoxville Trac 5s 1938............... 106344 Apr 712
Kokomo Mar & West Trac Ist 5s 1933.. 97 19138
La Belle Iron Works 6s 1923......... 104% 1909
La Crosse Gas & El 5s 1921.......... 100 1909
Lackawanna & Wyo Val R T coll Tr
MBM O DN ieee sic cca saves ah apenenay sya dprenth bxbeuliecord 99 1914
Lake Roland Elev Ry am Rys & El of
Baltimore) Ist 55 1942............. 1908
Lake Shore Electric 1st Cons 5s 1923. 1 1913
Lake Shore Electric Gen 5s 1933...... | 8414 Dec 12
Lake St Elev (Chicago & O P Elec Ry)
Wst!58 1928... cccsies 6 ¢ ee rae Heats 8 1912
Lake Superior Corp Income 58 1924... 8234 Oct 712
Lake Sup Corp Ist & coll tr 5s 1944: (b) 90 1913
Lake of The Woods Milling ist 6s
‘Asked
110343: 1909
99 Oct '12
ee "1910-11
100 © ¥910-11
105 . 1909
102 Mar ’10
111 1908-09
80 1911
99 1912
91 July ’09
108 °08-12-14
424% 1909-10
921% 1911-13
“92 1913
95 May’'09
92 1910
92144 Nov 710
100%% 1909,’11
‘99 1909
5Of 1913-14
9744 Mar ’08
9934 1911-12
02 1911
95 1909
94 1911-12
10614 Aug ’09
00 1911-12
9314 Apr ’12
94 et 711
“96 "1908-10
103. Apr 703:
95 1914
109 Jan '12
100 913
105 Feb ’09
100 1908-12
101 1914
117° July ’09
100 1909-10
87 Nov ’1l
92 June’09
8314 Oct. ’12
95 1912
M928 (D).oict eicid cre Wht ee eee ees 112 June’12 ue 1911,712
Lansing Fuel & Gas 55 1921 (a)...... 96 Dec 12 97% 1913
Latrobe Connelsvs C &C ist 68 1931 (¢). Ae 1911-12 101% 1911-12
Laurentide Paper 1st 6s 1920 (b)...... Aug ’11 146 Aug ‘11
Pesren work ut Ht & a ne ns ae a“ "54 1910-11 96% 1912
venwort. ‘ermina 8
Se VOZS eis sic ats’ 6 em deme a iia tig z ... 87 1911 95 1908-12
Lehigh & Hudson River 2nd 5s 1917..101 1909,’11 100 1913-14
Lehigh & new England Ist 5s 1945 (c) .106 1911 109 1911
Leh & W B Coal Cons 4s Various Ma-
p POLIO 3.5 et Fed eee oe eS 4.25% Apr "11 4% 1911-12
Lehigh Coal & Nav 4448 1914........ 103% May *09 108% Aug "09
Lehigh Coal & Nav Railroad 4s 1914. To2se Oct ’09 101344 Feb 509
Lehigh Coal & Nav 4s Ext to 1914....10114 1914 101344 Feb "09
Lehigh Coal & Navi Gen 4148 1924... 10574 Oct 09 106 = Oct "09
Lehigh Cl & Nav coll tr pr 414s 1921 (a)101% June’12 101% June’12
Lehigh Coal & Navy coll tr 44s 1930 (b)108_ June “11 10814 1911
Lehigh Coai & Nav Funding 4s 1948 1015 Dec 708 1014 | 1909
Lehigh Vatley R R Cons 6s 1923. 1908-09 122 Oct ’08
Lehigh Valley R R Cons 4)438. 1923 106% July ’08 .107 1909
Leh Val R R coll tr-4s 1914-26 (d). ‘ 1912 4,20% 1912
Lehigh Val R R Ist 4s Ext ro 1948. 2 Oct *09 108 =Dee ’09
Lehigh Valley R R-Cons 6s Irredeem. .14934 Jan '10 150 1909
Lehigh Valley R R Cons 414s eon 1909 114 1909
Lehigh Valley Transit 1st 5s 1935... ..108}4 1914 104 1914
963
Bid
100 © 1913-14
90 1911
95 1914
85 1908
‘90 1908
90 19
100 1908-13
50 1908
60 July 714
68 1914
100 = 1913-14
1% — 1908.
80 Feb '08
8434 1910
84 ly 714
10 1913
73 Apr ‘13
80. 1913
19. 1913
30f 1914
78 July 14
92 July ’13
57 Jan ‘14
40 1914.
» 85. 1914
90. 1913
Boe pelt
ec ”
80 : 1913
97 191
85 °11-13-14
90 1913
82 1914
100 1911-14
76 Feb ’08
101 ’08-11-14
100, 1909
80 1908-12
102 1913
85 Nov 08
70s June’09
70 1908-13
24 June’08
834 1910
100 1913-14
91 1918-14
96 1914
100 Apr ’14
91. 1911-12
70 May’14
95 1908-13
100 §©1913-14
4. 4 Oct ‘12
Ze Jan ’08
2 Sept "10
ep
94 an '08
98 1914
102 1910-11
90 Jan ’08
110 1913
100 Jan '08
4,60% 1914
99 1913-14
135 1914
108 Jan ‘08
93 Nov ’08
Asked
104% 1914
95 1911-14
98 July ’14
98 July '13
96 Aug "10
91 1913-14
102% 1914
54 July '08
70 July '14
12 1914
103 1914
6% 1908
80 - 1908
8314 Sept 10
85 July 714
13 1914
17 1913
86 1913
83% 1913
88f Nov ’11
19 1914
95 July ’13
65 Jan '14
50 Feb ’14
89 1914
94 Dee 13
96 Aug 712
80 Feb ’08
81 1913
‘95 “1910-14
95 1910.
8434 Apr "14
100 «Jan 714
79 Jan 08
101}4 1908-14
95 Feb ’09
824% 1912
104 1913-14
90 Nov ’08
78 '08-09-14
75 Oct ’10
a June ’08
8 1910
104 1918
94 Feb '09
100 1914
104. Apr 713:
9444 1909
744% May’14
100° «1913-14
102 1914
440% 1910
toi” 1912
10034 1910
99 June’14
9744 Jan ’08
100 1914
102. Dee ‘12
97% Feb ‘11
ig 1913-14
101 1913
4.80%12-18-14
10074 Aug '13
137 1914
107 May '08
94 Nov 08
Lehigh Valley Transit 1st 4s 1935..... 89 1914
Lehigh Val Transit 1st & Ref 581960 (c) 90 1912-14
Lewiston Bruns & Bath Ist 58 1918... 96 ’09,'12,’14
Lexington & Boston Ist 4}4s 1920 (a).. 938 1912-138
Lexington & Eastern Gen 5s 1935 ; ?
Lexington Ry Ist 58 1949........
Lima El Ry & Lt 1st Cons 5s 1916.
Lima El Ry & Lt 2nd Cons 5s 1925.. 96 913
Lima Locomotive Corp Ist 6s 1932 (4). 99 1912-13
Lincoln (Neb) Gas & El Lt 1st Cons 5s :
B94E (6) sess ceca oui eee Pee ee 90 1912
Moat Ry (U Rys of St L) Ist 44s i
MO2 Ce) sis ssscnsie sovaveniidens tha ta lianergtiaies. ars 98 1912
Litchfield & Madison Ist 5s 1934...... 95 1908-10
Lit Rock & H Spr West Isf 4s 1939... 85 1908-10
Lit Rock Jct (St T IMt &S) Ist 6s 1916103 ' 1909
Little Rock Ry & El Ist 5s 1933....... July 711
Lit Rk Ry & El Ref & Ext 6s 1938 (d). “tos 3 1912
Lockpt & Ole (Intern Trac) Ist s 1920100 Mar 09
Lockpt (N Y) Gas & El Ist 55 1920.... 98 1910
Lockpt (N Y) Lt Ht & Pr 5s 1938 (d).. 91 1912-13
Long Island 2nd 7s 1918 (a).......... 120 Aug ’09
Long Is! Montauk Ext 5s 1945 (c)..... 104 1911
Long Isl Cy & Flush (LI) Cons 5s 1937106 1909-10
Lorain & Clevet (LS Ei) 5s 1927. “ie _ Aug ‘11
Los Angeles & Pasadena 5z 1928..... 108 .1909,’12
Los Angeles Gas & Ei Co 5s 1934..... 10334 1909-10
Los Ang Gas & El Corp Ist Ref & 58
1989.1) 0 secs asiese BAe Wetiers se eciaee aioe Ba 100 Apr ’10
Los Angeles Lighting 5s 1924........ .103 1909-10
Los Angeles Pac Co Gen Cons 5s 1946. 90 1909-10
Los Angeles Pac Co Ist Ref 4s 1950 (c) 85 1911
Los Angeles Pacific R R Cons 5s 1931.108 Apr ’09.-
Los Angeles Pacific R R of Cal 5s 1943107
Los Angeles Ry 5s 1938.............. 111
Los Angel Ry Corp Ist & Ref 5s 1940(c) 100
Los Angeles Traction 1st 6s 1915.......10734.
Los Angeles Traction Ist 5s 1938. 105
Louisiana Western (S Pac) Ist 6s 1921.110
Louisv & Nashv St L Prop Ist 5s 1916103
Louisvy & Nashv Term Ist 4s 1952... . 97
Louisv & Nor Ry & Lt Ist 5s 1925.... 90
Louisv Hender & St L ist 58 1946....11044 Oct 709
Louisv Home Tel Ist 5s 1922 (a)...... 90% Sept 712 ;
Louisville Lighting 5s 1953 .,
Louisville Ry Cons 5s 1930.
Louisville Ry 2d 44s 1940
Louisville Ry Gen 5s 1950 (b)..
..10214 Feb 710
108 7%%sMay ’09
Louisville Water Co 4s NAG ooo eis: sna ens 108% Apr 709
Louisville Water Co 4s 1950 (b)....... 10114 Nov 711
Lowell El Lt Corp Ist 5s 1914......... 105 = 1909
te Law & Haverh (Bay State) Ist 5s
1929 ha es out og gatttcs & Sa we SI 1054 1912
Luzerne: ies (Pa) G & El Ist Ref & Imp
BE V948) (6) sicieic ge cacdaigud seep aces ie ea 97% 1912
Lynn & Boston (Bay State) 1st 5s .
PL ODA a Nisin 52 whistle en audeyells Sart 106 1909-12
Macon Dub & Savannah Ist 5s 1947(a).10154 1912
Macon Ry & Lt 1st Cons 5s 1953..... 101%. ae 712
Madison (Wis) Gas & El 68 1926..... 106 . 190
Madison River Power Ist 58 1935..... 99 1909
Mahoning. & Shenange Ry & Lt Ist
Cons Ref 5s 1916 (b).............. 101%' 1914
Meee Coal RR (LS & MS) Ist 5s
DBE a ocss soos shuesene do 2h avapepiiel & aia atiatn seule” 118% 1909
Maine Central coll tr 55 1923......... 109% 1909
Mallory Steamship tae 58 1932.,...... 91 1911-12
Manchester (N H) Trac Lt & Pr ist
Cons 56 1921.2... eee 103 . 1909-10
Manila Suburban Rys 1st 5s 1946... 88 1909-10
Manitoba & S East Ist 4s 1929 (£).... 9814 1911-12
Mankato Gas & El Lt Ist 5s 1920..... 96 | 1912-13
Mankato Gas &El Lt Cons &Ref 5s 1935100 - “Ton 13
ee St El Pgr Ry (Phila R T) Ist 4s
DB sacs. s cca cesses gies ac soeureu espe noctienn4 99 Feb 710
Market St Ry(U R of S x pons 5s 1924.10614 Mar ’09
Marquette Hough & Ont 65 1925...... 116 1909
Marshall (Mo) Lt & Ht & Pr5s1935(a) 94 1909
Maryland & Penna Ist 4s 1951....... 9334 Dee '12
Maryland & Penna Inc 4s 1951....... 12f Sept 712
964
+100 = 1908-09 |
103 1911
Asked
90 July 14
9: 1
100 1909-13
96 1912-13
76 =Mar ’09
98 1908-09
100 '10-12-13
9734 1911-18
101 1912-13.
95 1914
9844 1912
102 1909
90 1908-10
105 May’09
10634 July ’11
110 Aug 712
101 | 1909
100 | ’08-12-13
95 1912-13
110 1911
10634 1911
103 1909
1
10434 1909-10
10034 May ’10.
103. Jan 710
10434 Aug "11
75. Jan 09
100 1911-12
109. May ’09
101 1908
1909
i 1024 1911-12
107 ~ 1909
107 1912
99 712-13-14
108 May.’09
10214 Apr 712
102 =Feb 712
120 Jan ’13
100 1909
103 1914
pees July ae
111 1909
97% 1908
105 1909-10
924% 1908-10
100 =1908-12
102 34 08-12-13
100 08-12-13
99 Apr ’09
10614 Apr ’09
118% 1909
96 1909-11
95 1908-09
75f. Feb ’12
Bid*
715 ~» Nov ’08
85 Jan 714
90 1908
90 1912
70. 1911-12
80 Aug ’1
9244 Feb 708
79 Feb ’08
98 June’14
70 Dee 13
94 1913
5 1913
80 °08-11-14
90 1908
9014 Jan ’08
100 1
90 Jan ’11
94 1
91 1912-13
101 1913
95 . 1913-14
95 1908
92 May’08
99 ’08-11-13
91 Nov ’08'
90 Aug 713
9734 Jan ’09
8744 Feb 709
60 Sept ’09
80 1912
100 Jan ’08
91 1914
97 Feb 714
99 1908
99 1911
98 Feb ’08
98 1908-14
96 ‘11-13-14
97 1913
90 June’09
85 1908
100 1914
80 Jan ’08
96% 1912-13
100 Feb ’08
98 1908-13
84 712-13-14
97 1908
80 1911
93 1908
96 1912-13
99 1912-18
0 Jan 708
8834 Jan: 14
101 1913-14
72 Aug ‘18
80 1913-14
51f 1914
Asked
Nov ’08
86 Jan 714
92 1908
yO 1910-11
75 : Mar ’09
Aug 710
921% Jan ’08
79°” Apr ’08
97 July ’14
79 = =1911-12
95 1913
95 1912
8034 Feb 711
103. 1911-12
92 Jan ’08
101 Jan ’14
94 1913
98 1908-11
95 1912-13
110 1911
106% 1911
95 May’08
100 Jan ’08
92 Feb 08
91 Aug 713
100 = 1908,710
87% Dec cr
67% June’09
93 1908
103 1908-13
9214 1913-14
974% Jan 714
100 ’08-11-18
100 10-11-13
100 1908
98% 1914
97% 1911-12
100 1908-138
95 -Aug 10
88 Mar ’08
106 1914
86 Apr ’08
97% 1918
109% Aug ‘13
10814 Dec 710
86 Nov ‘12
100 1908
87 % 08-12-13
100 08-12-18
102 14 08-12-18
95 1908
81 Jan °08
851% Nov ’18
105 1913-14
7 Aug 718
81 July °14
50 1914
a HIGH oa
id : ske
Maryland Del & Va 5s 1955.......... 101. 1909" 105 -. 1908°
Maryland El Rys Ist 5s 1931. . 99% Apr 712) 994%. 1912
Maryland Steel lst 5s 1922. -108 De 108 4% :Feb: 709
Mason City & Ft Dodge Ist 4s 195 . 87% Jan 710 1908
Massachusetts Gas 4 14s 1929 (a). -100 July 711 100% July’ 11
Memphis Lt & Pr Ref 5s 1931........ 103. = 1910-11 105 1910-11
Memphis St Ry Cons ae 1945......... 100% July 09 101 July ’09
Merchants Bridge (T R R Assoc’n of
StL) 68 1929..................... 112 1912 118 °08,’09,712
Merchants Dis Trans Equip 414s x
WSUBH=26: (Cia. 's iii eoriave eon vanes a6 6% Dee 712 5% Dec 712
Merchants Ht & Lt (Indianapolis) Ref a
59/1922 (d)coics cannes act Kamae A Os 9614 Dec 712 98 1912-14
Meriden Horse R R Gen 58 ‘I924 er 106. 1909-10 100 1913-14
Meridian Terminal Ist 4s 1955........ 85 1909-10 92 1909-10
Metropolitan Ry (WashD C)1st 531925114 July ’09 116 May’09
Metropolitan St Ry (Kan Cy Ry & Lt)
Cons 5s Ext to 1913............... 99 June "11 994 June’11
Metropolitan West Side Elev (Chicago)
Det 41938 occ 5.5 vases nat ane aeneescuun a. a Ke 86% Rug "11. 88 = June’08
Metropolitan West Side ‘‘L’”’ \ehicaga)
@ xt 4919388 css vorars Asie eine 2b oe 1908-09 8414 May ’09
Mexico Coal & Coke 6s 1926 (b)...... 50 1910-11 65 1910
Mexican Electric Light Ist 55 1935.... 88 Mar’ll 891 Mar ’11
‘Mex International Prior Lien 414581947 104 1910-11 100 1909
Mexican Lt & Pr ist 5s 1933......... 93 1918 93% 1913
Michigan City G & E 5s 1937,........ 95 1912 97 ’09,’10,’12-
Mich United Rys Ist & Ref 581936 (a). 94144 1913 97% Nov ’09
Middlesex & Boston St Ry Ist & Ref
BNG1982 (O) 2 cision con neurons oe ened 4 ane ee 2a
Middlesex Valley (LV) 1st 5s 1942....105 10-12-18
Millvale ane & Sharp (Phila Co) Ist
BS VO 2B es 5's sscaterd oe doe shakieie ie wd senien 104 1909-10
Mil & ae Line (C & N W) Ist 34s
QA (BY u3 5 fog aks tateasas ites caltoganenton sasiara1 aes 914% 1909
Milwaukee Lt Ht & Trac 1st 58 1929..104 Oct ’09
Minn & Ia- (C & N W) Ist 34458 1924.. 944% 1909
Minneap Gas Lt Ist Gen 5s 1930 (b)..100 1912
Minneapolis Gen El 1st 58 1934....... 100 34 1912
Minn St P & S Ste M 2nd 48 1949.... 97 1908-09
Minn St P & S Ste M Equip 44s
1918-22) '(d) 52 cian vs ox pate g o-4 beawey 4M% 1912
Minneapolis St & St Paul Cy Rys Jt
COME BNI 2S ins a ics 5: scesacaane todo ees cecsicn 106% Dec ’10
Minneap Term (Wis Cent) 3148 1950(a) 89 Dec 710
Minnesota & Pac (M St & P & S Ste M)
18-48: 19365 ccs je 2 cet s wn 2 ane 96% Aug ’12
Mississippi R & Bonne Terre ist 5s
V98T (A) wie scieca gai w aepaiha oe Ge eenesiitne 100 s-Aug ’12
Missouri Edison El 5s 1927........... 10034 Dee 711
Missouri El Lt 6s 1921. ...110% 1909
Missouri Okla & Gulf 1st 531961... 93 08-09
Missouri Pacific Equip 5s 1913-21 (d).5.15 % 1912
Missouri Pacific 5% Notes 1914 (ce)... 973% 1913
Missouri Pacific Lexington Div 5s 1920. 99 1909-10
Mobile & Ohio Equip 5s 1913-14.....: 4AMQ%. 1912
Mobile & Ohio Equip 4 14s 1913-16 (b).454% 1912
Mobile & Ohio Equip 4 44s 1913-22 (d) .5 ya %- uae 12
Mobile Electric 5s 1946 (a)........... 92 09-10
Mobile Lt & R R 1st 58 1937......... 103 woe 708
Mobile Lt & R R Cons 5s 1941....... 98 1908
Mobile Street R R Ist 65 1923........ 107- 1909-10
Mobile Term’s & Ry 6s 1935 (b)...... 98 1911
Mohawk & Malone (N Y C & H R)
Cons 314s 2002............. ce eee 85 1909-10
Monongahela Lt & Pr 5s 1949........ 102 1908
Monongahela R Cons C&C 681949..11€ — 1912
Monongahela St Ry (Pitts) 5s 1928.. ees 1908-10
Monongahela Val Trac Ist 5s 1942 (d).. 1912-14
Montana Water Ist 6s 1933 (a)....... 104 1910-11
Montgomery (Ala) Lt Wat & Pr Ist
Cons 5s 1943 (d)................5- 86 1912
Montreal Lt Ht&Prist coll alk tea 2 431932. “100% 34 June’11
Montreal Lt Ht & Pr 58 1933......... Feb 711
Montreal Street Ry 414s 1922........ 101% 1909
Montreal Tram & Pr coll tr 6% Notes zs
MONS Cd) fescue reuters Sioa clues a atinea, 100% Aug 712
Montville Street Ry 55 1920.......... 104 1909-11
Morris County (N J) Trac 1st 58 1935.. 75 1912
Mt. Vernon-Wood Cot Duck 1st 5s 1949 8214 June ’09
Mt Washington St Ry (Pitts) 1st 5s 1933103 34 July ’09
965
984% 1912-18
110 1910
106 1909-10
914% 1909:
105 1909
95% 1909:
101% 1912
102°” 1909-14
99 Jan ’08
4%% 1912
108 Dee 712
101. ' #1912
101% 1911-12.
112 1909-10
100 -1909-10
5% 1912
98 Mar 714
102 Apr: ’08
4% 1912
4q 1912
5% Dee 712
95 1910
104 Jan ’08
100 1908
100 1909-10
100 1910-11
105 Dee 712
116% Aug 712
106 1908-09
96 1912-13
108 1910-11
90 1912
101. Mar ’10
103% 1911
102% 1909
100% 1912-13
Bid
80 1914
90 1908
93 Jan '08
60 1918-14
95 Aug ’13
93 1908
89 1908
103 1913
6% 1912-13
91 Aug ‘13
95 Jan'’08
70 1914
108 1914
92 1912-14
1% 1914
75 Oct ’08
50 = =1910-11
60 1914
85 1908
70 1914
90 1913-14
74 Feb ’14
‘9g i9ia
96 1913-14
78 1913
93 Apr ’08
82 Jan’ 08
95% 1914
°90 Jan 08:
90 1908-14 °
1%% ‘Dee "12°
95 Jan '08
90 09-12-13
90 08-10-13
92 1918
944% Jan °08
109 =1908—12
60 1913
5.75 % 1912
90 Jan ’14
94. Sept 13
64% 190
5% 1910-11
54% Dee 712
85 911
85 1914
85. °10-12-14
99 10-12-14
95 1910-14
80 1908-14
94 1914
108 Feb ’08
96 1918-14
91 1913
95 1914
70 1914
95 1908-13:
95 1908:
95 1908
97 19138
95 Jan '08
40 914
33. May ’13
93 Oct '13
Asked
96 1913
9416 1909
97 1908-14
65 1918-14
9514 Aug 718
95 Jan ’08
90 -- 1908
106 1913
5% 1912-18
93 Aug ’13
100 =1913-14
15 1914
105% May’14
94% Sept ’12
78 Jan ’14
78 Nov ’08
40 Dec 12
65 1914
90 1908-14
74 “Feb 714
905% Oct °18
7814 Feb '14
94 1913
103 1918-14
98 1918-14
86 1912
564 1908
94 1908
99 Dee ’10
96 Jan ’08
99 Jan ’08
44% 1912-18
100 1908
94 Dee 713
10814 Feb '18
65 914
‘5.12% | 1912
92 ' Jan ’14
100 1918
8% I "08
44% 1911
5% Dee 712
891% Oct 709
90 Feb 714
90 1910-14
100 1910-12
100 1910-14
95% 1911
110 1908
100 =1913-14
93 1913-14
100 1914
80 1914
95 Jan ’08
95 Jan ’08
99 Jan '08
9914 Jan '14
45 1914
30 = June’14
95 Oct ’13
Muncie & Union City 5s 1936 (d)..... 87 1912
Muncie Electric Lt 1st 5s 1932 (a)..... 96 1912
Muncie Hart & Ft Wayne Ist'5s 1935. 97 Oct ’08
Mamaal G & E (Rochester) 1st ava
GAD aed scs ates cok easton Baek eR - 98 1909
Me aoe Trac & Ltg Ist 5s 1931. 97 1908.
Muskogee (Okla)G &E 1stRef5s1926(a) ‘100 1912
ar CT Chatt & St LLebanon Branch
1917 .1121% Jan ’09
Nashville Ry & Lt Con 5s 1953. 104% June ’09
Nashville Ry & Lt Ref & Ext 5s 195 8
Nashville St Ry 5s 1925.
Nashville Water 4s 1928 (a)..
Nassau Lt & Pr ist 5s 1927. . 1
Madenat Lt Ht & Pr Coll tr 5s ‘‘B”
VOUG (6) evs corsiad edie ytonnuseiecneerarcuna 98 1914
W920 (©) i sic acca cece aiigererwcagang ee wee 98 - 1913
Moe Cons of Cal 1st 6s 1930 (c)... 9434 Mar *18
evada-California Pr 6s 1927 (b)..... ‘100 1913
sked
90 )
98 1912-13
98 1908-09
101 Jan ’09
100 1908
101 1912
109 84 1911-12
107% June’09
99% 1912 .
i 1908 09
103 4. 1910
100 11-18-14
100: 1912-18
9434 Apr 713
102 °12-18-14
New Amsterdam Gas (N Y C) 5s 1948. aes Jan '10 205 Jan ’10
ew Bedford & Onset Ist 5s 1922.. 1911 100 1908
New Bedford Middleboro & Brock 1st :
DENG 20 8 sie sernis wancxe estan, cade stejavapnaep oi SA 98 1911-13 100 *08-12-13
New Brunswick (Can Pac) 1st 5s 1934.. 116, 1909 118 1909
New Bransw (Can Pac) 4% mere Debs.1 04 1910 106 1910
New England Cot Yarn 5s 1929....... soo Jan ’10 105 1910
New England Tel & Tel 5s 1915. 1909 104 1909
New England Tel & Tel 5s 1916, “Toe \% 1909 104% 1909
New England Tel & Tel 58 1919......10314 1909 1054 1909
New England Tel & Tel 4s 1930 934% 1909 95 1909-10
New England Tel & Tel 5s 1932 (d)...101 14 1913 10114 Nov ‘12
New Haven & Centerville Ist 5s 1933..106 1908-12
New Haven & Northampton (N YN H
& H Ref 4s 1956 (a)..............- 100 1909
New Haven St Ry Edgewood Div Ist
SLO A oscars thics aitiecnuinaesiicasaiee dae eee -.101 1909-12,
New Haven Water Conv Deb 4s geo= .155 1911-13
NJ & Hud Riv Ry & Fy Ist 48 1950. 8314 Nov 712
NJ &NY (Erie) Ext Ist 5s 1950 (b).. ‘1105 1910-11
New Jersey Zinc Ist 4s 1926 (a)....... 97 1912-13
New Lond Northern Ist 4s 1940 (b). ere 9814 June’11
New London Gas & El 5s 1927....... 104 1909-12
New London Gas & El 2nd 5s 1929. . .100 1909-14
New London Gas & El Cons & Ref 58
1933 (8) icin geeecetuve cures ees s% 100 1911-13
New Mex Ry & Coal (EL P & S W) Ist
Coll tr 58 1947............ 0.00000. 100% 1911
New Mex Ry & Coal ei P &SW) ist.
Cons & coll tr 58 1951............. 101 July *11
New Milford Power Ist ‘5s 1932 iraescstulicls 105 Nov ’12
New Orleans & Carrollton Cons 5s 1933111 1909
New Orl Gt Nrthn Ist 5s 1955 (b)..... 76% 81912
New Orléans Cy & Lake (NO Ry & Lt)
BONG rises creases ask cape sanass sh shin aver tyne aps 111. July ’08
New Orleans Cy R R (N O Ry & Lt)
Gen 5s 1943..................-5 >. .110 84 July ’09
New Orleans Power House Co (N O Ry
@ Lt) 581941 ces coos eae 6 102 =1908,’10
New Orleans Cy R R (NO Ry & Lt)
Power House 6s 1917............-. 10814 Jan ’09
New Orleans Ry & Lt Ref & Gen 5s .
ASO); rn osay urate seabentetelssieueses deo ietn onal 87 June’1l
New York & East Riv Fer 58 1922. 60 1908-10
New York & East River Gas (N Y City)
Cons. 59 1944... Pie eee eeenss on 101% 1911
New York & Hoboken Ferry 58 1946... 9934 Dec '12
NY & Jersey (H & M) Ist 5s 1932 (a)..106 Sept ‘09
New York & Long Branch Gen 5s 1921,114 1909
New York & New Jersey Fer 5s 1946... 99 1913
New York & Pa Tel & Tel Ist 55 1926. .103 1909
New York & Pa Tel & Tel Gen 481929. 90 1910-11
New York & Queens County 48 1946.. 78 July ’08
NY & Queens Gas Ist & Gen 5s 1934. .100 1912
New York & Richmond Gas 5s 1921... 98 ’09,’10712
New York & Stamford Ist 55.1931... .106 1909
New York & Stam Ist & Ref 48 1958(a) 9314 1910
NY & Westchester Ltg Deb 5s 1954 (a) 103 Sept ’12
New York & Westchester Ltg 4s 2004... 8414 1911-12
New York & Wilkes-Barre Coal 6s 1933 25 1912
966
102 July 09
100 Mar ‘14
155 Jan ’08
84 1909,’12
106 1910 10¢
100 Dee 712
100 1911
100° 1914
10244 Apr ’11
102 1911
102 1911
106 1911-12
112 1909
77% 1912
112% Jan ’09
112 Feb '10
105 = July 709
8744 1912-13
75 1908
100 1908,’10
101 Mar ’14
107 1909
105 July 712
100 ’08,’09,’12
105 1909
94 Aug 709
85 1908
101 34 Sept ’11
101 =1909-11
106% 1911
7 191
105 Sept ’12
87 July’ 09
35 1914
LOW
Bid Asked
76. 1913-14 80 1913-14
93 1914 95 1914
84 1913-14 84 1913-14
8714 1913-14 90 Jan ’08
75 1914 80 Aug ’12
90 1909-10 93% 1909- 10
108 1918-14 105 1918-14
90 Jan 708 a8 Apr 708
86 Aug 708 8614 Aug '08
994% 1913 101 1913-14
90 19138 92 1913
96 1908 971% 1908
97 1911 97% Jan 712
96% 1911 97s Jan 711
11% 1918 658 Dee 713
95 1910-11 99 1911
80 Jan 08 85 Jan ’08
87% 1914 95 1908
95 1908-11 100 08-12-13
105 1918-14 107 1913-14
90 1914 92 Jan ‘14
15 1914 77 19
95 Jan '08 100 ’08-13-14
95 Jan ’08 100 1908-14
95 Jan ’08 100 ’08-13-14
75..Jan 708 80 Jan ’08
98% Dec 713 98% Dee 713
0 1908-14 ..........06.
89 1913 90 1913
95 Jan 708 100 Mar ‘14
140 1908 155 Jan ’08
70. 1908 75 June’08
100 1918-14 105 Sept 710
90 1909-11 98% eal 09
88 Dee 713 92 1913
90. Jan 708 sonwaseeugaias
85 Jan ’08 100 1913-14
95 1909 100 ’09-13-14
90 19138 95 1908,'10
75 1908 90 1908
94 Mar’.8 98 1908
102 1908-12 106 1908
58 1910 61 1910
102 1908-14 10434 Feb ’08
100 Aug ’18 101 Apr 708
85 1908-13 93 Aug 713
95 AUG PES! es cvieiee ROR aes
70
Div Ist 444s 1932............2.... 95 1909-12 100 1909
Pere Marquette Cons 4s 1951..... - 89 June’09 92 1909
Pere Marquette of Ind Ist 4s 1943 . 85 1908-09 95 Jan ’09
Perkiomen 1st Series 5s 1918. .
Perkiomen 2nd Series 5s 1918.
Petersburg Class ‘‘A’”’ 5s 1926. 3
Petersburg Class ‘“B’’ 68 1926........
1909
1909
Phila & Erie (Pa R R) Gen 5s 1920
Phila & Erie Gen 45 1920........
Phila & Reading C & I Coll 4s 193.
Phila & Reading 2nd 5s 1933..
Phila & Reading Cons 4s Ext 1937
Phila & Reading Impvt 4s 1947.....
Philadelphia & Westchester 4s 1954
Phila Coates & Lan Pgr Ry 5s 1934.
Philadelphia Co 1st Coll Tr 5s 1949.
Philadelphia Co Cons 5s 1951....... Aug
Philadelphia Electric 5 % Tr Ctfs 1948. 108 34 1910-11 104 1911-13
Philadelphia Electric 4% Tr Ctfs 1949. 8314 June’12 8854 June’12
Phila Harrisb &Pgh (P&R) 1st 53 1925109 Jan ’09 110 1908-09
Phila Rap Tran Coll Tr 5s 1957 (a). 102 K ee 10224 June ’09
Phila Subur G & E 1st & Ref 5s 1960 (b) 9 1914 94 1913-14
Phila Trac (P R T) Coll 4s 1917...... 104% 1908 10434 1908
Phila Wilm & Balto Deb 435 1917...... 100 1910-11 101- 1909-10
Pe Poses & Balto (P B & W) Deb 4s
elaieniiy ig, grata tecalc esas carta iets tao Bahia 100% 1910 101 Apr 708
26x. oman t Awan eae wekben mew dats 103 1909 102 1908
ee Wilm & Balto (P B & W Deb 4s
982 icc: cccutatninns Sanita & ae aceea A SE Se 103 34 1909 104 1909
Pine Bluff & West Ist 5s 1923........ 100% 1911 105 Feb ’09
Pitts & Birm (Phila Co) 5s 1929. -106 June’09 108 1909
Pittsburgh & Charleroi St Ry (Phila Co)
Ba O28 age aut sasadutts a,c wnsecdnea iis, atinsed 3 Y% Apr 709 104 1909
Pittsburgh & Shawmut 1st 5s 1942 (b).. Aug 711 94 +°11-18-14
Pittsburgh Alleg & Man oiebeens
Gen661980 «65.66 ae 3 wietns, done wee ae 106 June’09 107 1909
Pitts Bessemer & L Erie Deb 581919...10114 Aug ’09 103 1909, 712
Pitts Bessemer & L Erie Cons 5s 1947. .117 1909 118 1908
Pittsburgh Brewing 6s 1949.......... 10214 1908-09 104 Fite 709
Pittsburgh-Buffalo Coal 5s 1929 (a) 102% Jan 709 103 Dee ’12
Pitts Chartiers & Yough Gen 481932... 92 1909-10 .............
Pittsburgh Jct 2nd.5s 1922........... 102 1909-10 102'%4sNov ’12
Pittsburgh McKees & Conn R R Ist
Cone 569 1981. csc cee ee cen 105 Jan ’09 106 Jan ’09
Pittsburgh McKeespt & Greensburg Ry
1st 581981. 6 6 ccnise ees paenda ot se 991% Feb 708 100 1908
Pitts Shawmut & Nor 1st 55 1949..... 60 Jan ’11 65s Jan ’09
Pittsburgh Shawmut & Nor 4s 1952. 40f May’10 42f May’10
Pittsburgh Shawmut & Nor 5% Re-
ceivers’ Certfs 1914 (a)............ 98 1909-12 100 1909-12
Pittsburgh Shawmut & Nor 5% Re-
ceivers’ Certfs 1915 (t)............ 98 Apr 712 100 1912
Pittsburgh Shawmut & Nor 5% Re-
ceivers’ Certfs 1916 (c)............ 544% 1911-12 514% 1911-12
Pitts Term’! R R & Coal 5s 1942...... 101% 1910 105 1909
Pittsburgh Term’! W’house & Transf ; :
ist & Ref 5s 1936 (c).........,.... 994% Nov ’11 101% 1912-13
Pittsburgh Trac (Phila Co) 1st 581927..105 1908-10 108 1908-10
969
LOW
Bid
90 1908
6 1913
95 Jan ’08
8614 1911
5 1914
82% 1914
“32. July 14
“86 Jan ’08
93 1911
92 Apr ’08
94 1913-14
91 May’l4
75 Nov ’08
54% 1911-12
54% Dee ’11
72 1913
38 1914
68 1913
100 1908-13
90 1908
100 1908
108 Jan 714
93 1914
108 1914
10214 1918-14
97 1918-14
83 Jan ’08
109 1913
95 1908-14
94 1914
78 1913
90 1908
97% 1913
8434 Jan 714
95 Jan 708
87
90 1908-13-14
83144 Jan 714
823% July 714
9054 May ’08
96 1911
95 1908
98 1913-14
9314 May ’14
79 Jan '09
6%
4%% Dee 711
80 1913
45 191:
72 Oct 713
102% 1913
102 4% 1913
0:
104% 1913-14
104 1913-14
981% 1913-14
89 Jan 708
113 1913
97 1913-14
9614 1913
81 1913
10f 1909-12
9814 June’13
85 Jan 714
9514 Jan. "08
67° 1908
an ’08 107 1910-14
96 1910 97 Nov ’10
88 1910-11 92 1911-12
91 1913-14 94 1913-14
96 Jan 714 98 Jan 714
96 1913-14 98 1918-14
95 Jan 14 97 Jan 714
95 Jan 714 97 Jan 714
92 1918-14 95 1913-14
97 1913 101 1913
92 Oct 13 97 Oct 713
85 11-18-14 94 11-18-14
100 1910-18 102 1910-13
97 100 ’08-13-14
105 Feb 714 110 1908-13
66 July’14 69 July 714
90 July ’14 97 July 14
80 1908 ..... eek ease
90 1911-138 102M%sNov ’12
98 1913 100 1913
50 1914 68 1914
20 1914 65s Jan ’09
15 1908-14 25f 1914
94 1918 98 1918
95 12-18-14 974% 1911
54% 1911-12 54%% 1911-12
83° May’14 83 July ’14
97 1911 99 1911
98 1914 101 Dee '18
HIGH
Bid
eiishurey Va & Charlest (Pa Ca). tet
Ns. ¥ sustigt's det 6 aude ae Ad aaehes 28 10114 June’10
Pitts- Westmare Coal ist 5s 1947 eh .-. 85 1911-12
Pitts & eee ‘oal 58 1925, Chix: .. 94% 1911
Pitts Wheel & L E Coal 4s 1931...... 35 Dec '12
Pitts Youngst & Ash Cons 5s Yoo7 Baines 111 1909-10
Pitts Fe Youngst, & Ash 1st Gen 4s Series
DAG ies ate cae ie 4 preston sca Seedpeer aie 101 1909
Pleasant Valley Coal 55 1928......... 95 1909-10.
Pontiac Oxford & Nor tst 681916 (a)..100 1909-12
Portland & Cape Elizabeth 5s 1915,...101 1910
Portland & Ogdensb’, Hr 4343 1928. ..108 1909
Portland & Rumford is Ist 4s 1926: 97 1909-10
Portland & Rumford Fall 8s Deb 4s ee ee ape 10
Portland (Me) Electric 58 1926 (b). i 1912
Portland (Ore) a Ist 58 1951....... “108 710-12-13
Portland cine Gas & Coke Ist & Ref
BG 1940. (DY. s sic vars aus te ccavdcieros wetieiare coh 4 100 1912
Portland (Me) R R 1st Cons 314s 1951.. 87 1910
Portland Ry Lt & Pr 5% Ae ke £%, 10034. 1913
Morand Ry Lt & Pr Ist & 5s
CC ree eae nae 957% 1912
9134 1912-18
Portland (Me) Water 4s 1927 100°” 1909-11
Porto Rico Rys 1st 5s 1930 (b
Port Reading Ist 55 1941......... 111% 1912
Portsmouth Gt Fis & Con 414s 1937...10714 1909
Postal Teleg Cable of Tex an" 5s 1928. 100 1909-11
Potomac Electric Pr 5s 1929....... 110% jane 09
Prescott Gas & El set és 346 (d).... 90 2-13
Princeton & N W (C & N W) 3}48 1926. 93 11909
Providence Securities Co Deb 4s 1957 .. 8734 Mar ’09
Providence Terminal Ist 4s ‘uae "101 1908-09
Provident Loan Soc 4}48 192 95 1909-12
Public Service Corp of Nor it ‘Ist Ref
58 1956 (d)... 0... eee eee 9914 May ’12
Puget Sound Truc Lt & Pr 5% Notes
TSU: CG) oi oe syce see's Gracey we teacoenianees .100 May ’12
Portland we Terminal Ist 4s 1961 ‘ d)
Puget Sound El Ry Ist Cons 5s toe 96 1908-09 °
Puget Sound Power Co Ist 5s 1933. * 10034 1909
Quebec Ry Lt Ht & Pr Cons 5s 1939(b). 8534 Mar ’11
Aucens Borough (N Y) G & E Gen 5s
W952 Ce) ccisc es cas aes oem s seen 98% 1912
Quincy (Ill), Gas & Ei 5s 1929........ 99 1909-10
Quincy (Ill) Gas El & Ht 1st Cons 5s
1985 (a) .os se5 sewage ss ewes 91% 1910
Racine (Wis) Water 5s 1931.......... 97 1908-09
-- Raleigh & Augusta (S AL) -1st-6s-1926. “ane Jan ’09
Raleigh & Cape Fear Ist'5s 1943...... 100 1909
Raleigh & Gaston (S A L) ane 5s 1947.109 - ee
Raleigh & Southport Cons 58 1965. ee 109
Raleigh & S W (C & O) Ist an 1936 (b). Jan 711
Rapid Ry (Det Un) Ist 5s 1915........ 83 1910
Rapid Ry (Det Un) Ist Cons 5s 1916 (c). Aug 712
Rapid ae St Ry (PS CofN J) isi”
SS 1921 eee 2 ex cease hee oS RRS ate 1908-10
Raritan River Ist 5s 1939............ 111 1911
Reading & Womelsdorf Ist 5s 1925. . .102 1910-11
Reading & Womelsdorf Ist 5s 1925. . .102 1910-11
Reading Co Wilm & Nor 4% Certfs...100 1908-10
Reading Terminal (P & R) 5s 1941....120 1909
Reading Trac 6s 1933................ 127 Jan ’09
Reno (Nev) Pr Lt & Water 68 1944..... 100 1908-12
Republican Ry & Lt 5% Notes 1916 (d) 96 1913
Republican Valley Ist 63 1919........ 104 Jan ’09
Rhode Island Suburban Ist 4s 1950. 89 1912
Richmond & Petersburg 6s 1915...... "112 1908-09
Richmond & Petersburg Cons.7s 1915.116 1908-09
‘Richmond & Petersb Cons 414s 1940. .104 1909
Richmond Fredbg & Pot Cons 4 44s
ESA. faatcsns ie. tyniesnedie-n dh sen anole Goecacois 106 Oct ’09
Richmond (Va) Traction Ist 5s 1925. ..10434 1910
Richmond- Wash Coll Tr 48 1943...... 100% 1909.
Rio de Janiero Tram Lt & Pr 1st 581935103 = July ’12
Roanoke Trac & Lt 1st Coll 5s 1958 (Oa 9214 1912-13
Rochester & PghC & I 1st 438 1932 (c 1911-12
Rochester & Pgh C & 155 1946....... 100 1908-12
Rochester Gas & El 2nd te 1936 (a). OA ao 710
Rochester Ry Cons 5s 1930........... pr ’09
970
Asked
102 Nov ’08
90 1911-12
97 711-12-14
45 1912
116 Mar 710
10134 May ’09
102 1909
100 1909
102 1908
109% =: 1909
0 Aug 711
97 1908-09
101 1912-13
4 1908
101 1911-12
91. Dee *10
9914 Aug ’12
, 9614 1912
‘924%. Dec 712
102°" 1909-10
99 June’12
112.) May’11
106% 1911
102 1909-11
11034 1909
ge 1912-13
June 712
33 4 1912
102 1908-10
100 1909-11
9954 May 712
100144 1912
98 1908-10
102 =: 1911-12
86 Feb 711
100 =1911-13
100 1908-10
95 1909-10
100 1908-10
119 Feb ’10
103 1913
88 1911-13
100 1908-12
99 1913
105
11514 July ’14
19
108 1913
121 1909
180 1909
103 1908
98 1913
10444 Dee 711
92 1912
108: Feb ’08
108 Dee ’08
105% 1910
toe Sept 709
July 712
198 1912
95 Sept 711
102 Aug ’09
LOW
Bid Asked
90 Jan ’08 9674 Jan ’08
70 1914 1914
90 1914 23 1914
1 1909 1908-09
100 1913 105 Oct ’13
93% 1913 94 1913-14
80 1908 90 1908,’10
100 1909-12 100 1909
100 1908-12 100 1912-13
94 1913 101 =
89 1913 97 1908-09.
87 1918 91 July 713
96 1910 99 1910
98 1908-09 100 1908
93 1910-138 95 1
75 '12-18-14 80 1912-14
97 1913 99 1
90 1913 93% 1913
84 1914 89 Jan ’14
98 1911 98 1913
1918 80 Sept ’13
101 1908 112 May’11
91 1913 96 1913
98 1910-12 100 1908
97 Jan ’08 100 Jan ’08
88 1913-14 91 1913-14
83 Jan ’08 9314 June 12
55 1914. 70 Mar 14
84 1913 86 Aug 713
80 1913 95 1910-12
8934 Dec 18 90 Dee 713
99 1912-18 100 1912-13
82 1913 87 1913
93 Apr '08 97 1908
41 Dee 13 44 Dee ’13
95 1918-14 974% Jan ‘14
82 1918 85 Dee 713
74 July ’11 81 July ’11
82 July ’14 87 July 14
99 1908 102 1908
90 08-09-13 100 08-09-13
90 Mar ’08 95 #£Mar ’08
90 Aug ‘13 98
81 Dec 12 86 10-12-13
95 1913 95 1
8844 1918 94 Apr 712
100 §=1908-13 103 1913
95 Jan ’08 110 1908
100 1908-14 101 1908
100 =1908-14 101 1908
80 Apr 708 .............
110 1918 1114 1914
100 1908 3 1914
95 Mar’13 102 08-12-13
93 1914 9634 1912
100 1908 104148 Dec ’11
81 Dee 713 84 Dee ’13
100144 1913-14 1088 Feb ’08
108) (1918-14 1. ee
90 Aug 08 .............
95 1908 104 1913
100 1908-10 102s Sept 708
90 1913-14 9334 Feb ’14
75 Mar ’08 Apr '08
91 1914 93 1914
93 1914 95 Sept 11
96 1910-11 .............
8 Jan 709 90 Jan ’09
95 1908 102 Jan ‘14
age (Cuba) El it & Trac tas ie”
1959 (d)
. 98 14712-13-14
971
98 1412-13-14
’ Asked Bid
Rochester Ry 2nd 5s 1933............ 10: 106 19 95 Jan ’08
Rochester Ry & Lt 5s 1954 . 12 102 Oct 12 93 May’08
Rochester Syr & |] ast Ist 5s 1945 1909-10 97 19 68 Jan '14
Rochester Telephone Ist 5s 1920. 95 1912-18 100 ’08-12-18 90 1914
Rochester Telephone Gen 58 193. .. 80 1912 100 Ll 25 1914
RI & Peoria (CRI & P) 63 1925... ..120 May *09 itt Beteepeendontce 100 1913
Rock Isld Ark & La (CRI & P) ‘440 :
T9940) oc xcs ceed eek LE Oct °10 95 1910-11 86 1912-13
Rockford & Freeport 1st 5s 1923... . 1912-13 9714 1918-1) 87 1913-14
Rockford & turban Ry Ist 58 1922.. 94 1912 98 1908-1 91 May’l38
Rockford Bel & Janes Ist 55 1930..... 95 1908-11 . 9714 1909-11 87 1913-14
Rockford (Ill) Elec lst & Ref 5s 1939 §} 97 Apr 714 9! Jan ’14 93 Dee '13
Rock Island-Frisco Term 1st 5s 1927 (a)102 1909-10 10334 1909-10 88 Jan ’14
Rogers Brown Iron Co ist & Ref 5s fe
WOUG24G (O) oc. ss eid denates en geerns eae fs 93 1911-12 96 1911-12 75 Jan ‘14
Rome Water & Ogder Cons nite 1922.106 1913 107 191 80 1908-09
Rutland Gar Trust 4%s 1913-17....... 6% 1914 5% 1911-128 54% 1914
Rutland 444% E aap, 1923-27 w 1914 5% 19 Big Op 1912
Rutland Cons 414s W94 Bei sisson cess . 1909 105 190: 82 1913
Rutland Canad (Rutland) Ist 4s 1949... 1909 93 July 09 75 1913
Rutland Ry Lt & Pr Ist 5s 1946 (b) . May'12 97 1912-13 85 1913
Sacramento El Gas & Ry Cons 5s 1927. x Sept ’1 104% Oet 712 914% June’08
Saginaw-Bay Cy Ry Ist : Ref 581935 (b)90 1910-11 95 1910-11 80 191
Saginaw City Gas 58 1916............ 9814 July 100 1908-14 ab 09-12-13
Saginaw Valley Traction 5s 1920...... 98 '’09-11-18 100 '08-12-138 9434 1914
St rei St Ry (N O Ry & Lt) Ist ;
a nevus ee ds aia ad mana eh b-4 98 June’09 100 1908-11 80 1913-14
st Clair "G6 (iu) G & E 1st Cons 5s
eM cca Gah cy datrtge Tan as; Ranotssh aw etn i a 94 1912 96 1912 88 1918-14
St Chait Furnace Ist 5s 1913-39....... 10014 1914 102 1914 98 Jan ’14
St Clair Terminal 1st 5s 1932 (a)...... 104 1909 106 1909 95 1913-14
St Johnsbury & L Champ Ist 5s 1944..120 1909-10 ............. 80 1908
St Joseph Gas Ist 55 19387............ 96 ec ’09 100 19 45 1908
St Joseph Stock Yds 414s 1930....... 9214 1909 100 1908-09 87 ae
St L &S Francisco Equip 5s 1913~-17..4 34% 1909 414% 1909 8% 190
St L & S Francisco Call Tr 68 1920.. .112 Apr “ll ........... 2 1000) -:1913- 1
St Louis & San Francisco N O Tex ‘&
Mex Div Ist 5s 1940 (c)........... 94 1911-12 95 ’11-12-13 80 1
St L & S Fran Southwest Div ‘48 1947 10034 1909-10 10234 Aug ’11 90 ’08-13-14
StL & S Francisco Coll Tr 5s 1987... .102 1 105 1909-10 2&5 1914
St L & S Francisco Cons 4s 1996..... 9234 Jan ’09 9814 Mar’09 72 1913
St Louis & Suburban (U Rys of St L)
1G6t G8 1921 woo i 5 ois cseer a eo Susu y 10434 Feb '10 105 1909 9814 1913-14
St Louis & Suburban (U Rys of St L)
Gen 53.1928 6 ciic 5 ci ieaisie a we eee 955, June’09 96 1909 7544 1913
St Louis Berw Assoc 65 1914......... 100% 1914 100% 1912 83 May ’08
St Louis Bridge (Term’! Assoc of St Wy
0 te ee May’10 188 May’l0 110 Jan ’08
St Louis calle & West (U Ry of St il
Mt GS TOE cs i os doe seeninse Se abe) SS 1909 108% Fune’09 101 1913
’ St Louis cae 1st 6s 1923............. 1908,12 100 1911-12 60 1909
St LIMt & Sou Equip 5s 1913-— eH (d)..5 *% 1912 4.75% 1912 5.25% Aug ’12
St Louis Nat Stock Yds 4s 1930....... 1909 93 1908 82 1910-11
St L Ry (U Rys of St L) 414s 1920 (b).. 1910-12 100 1910 9414 1913
StL S W ist Term & Unify 5s 1952 (d). 1912 90441912-18-14 84 1913
St Louis Spring & Peoria R R 1st & er :
BB .1989) (6). aerate em, neering. pe virecdiane 97 1912-18 100 1911-13 92 May’14
StL Wat & West (StL & SF) 6s1919..105 1909-10 ............. 98 1913-14
St Paul City Ry ist Cons 6s 1934..... 118 1908-10 118 1911-12 110 1913
St Paul Gas Lt Ist 68 1915........... 107 1908-09 1088 July 09 100 1908-13
St Paul Gas Lt Cons 6s Ext to 1918...106 1908-11 110}4sJuly 09 100 1908-13
St Paul Gas Lt Gen 5s 1944.......... 981% 1912 99 1911 85 Apr 708
St Paul Union Depot 6s 1930......... 118° (1911-12 110 1908-09 Dec 710
St Paul Union Depot Cons 5s 1944... .102 1912 102% 1912 981% Sept 713
St Paul Union Depot 3Cons 4s P9MM oe os sensed sv cones 100 1908-09 eA loge 2.2 nee
et bent Unies Stock ve 5s pe i 89 1914 87%4sApr ’09 73 1910
alt Lake City Union De si
5s 1938 (a sf aes seh SH , mines ysannapavae 974% 1909-10 100 1909-10 92 1914
San Antonio Water Sup Ist & Ref 5s
1933 (d).......-... z Sere ke puelorrine 8 1912-18 92% Sept ’12 83 Jan 714
San Diego Cons G & Ist 5s 1939 (a).. 9734 1909-10 99 1909-11 90 1913-14
San F & S Joagq Val Ist 53 1940...... 11744 Oct ’09 117 Sept’09 105 Dee 713
San Francisco G & E 4148 1933....... ‘ 94 ’09,710,12 96 1909-10 87 1918-14
San Francisco Oak & S- Jose Consol
Cons:$8 193855000 6 2 enacts 33 Hears 95 Mar’l0 96% Nov’09 65 Dee "13
San Fran Oak & S Jose Ry Ist 58 1933.109 14 Dec 709 108% Jan | 10 95 Aug g 708
San Fran Oak & S Jose Ry 2nd 581933. 9634 Nov 09 101 Feb 14 8674 June 714
San Joaquin Lt & Pr 1st 5s 1945 (b).. a 7 Ma 718 101 Oct 712 June ’13
Sandusky Fre & Sou (LS El) 5s 1936. 1912 95 1908 1 1911
98 1412-18-14
Asked
100 1908
95 Jan ‘08
72 Jan ’14
99 Mar ’08
500 July ’14
88 June’l3
93 1913-14
96 712-13-14
938 1913-14
par4 1911-12
Sept ’13
90 1914
108% 1913
5% 1914
5% 912
9244 May ’18
85 Feb ’10
93. June’14
90 Jan ’08
90: 1913
98,-Oct 13-14
97 1908,’10
90 1914
91 Oct 712
102 1914
101 = 1913-14
eygt ots aes
89% May’11
6% 1
34 1914
93 1913
90 1913-14
74 July ’13
100 =61913-14
163 1913
84° Apr 08
115 Jan ’08
101 1918
480 M o oe
> ar’
% Mat ois
35 1918-14
87 May’13
95 May’l4
iv i913
105 1908
105 190
90 Apr ’08
83 1913
9814 1918-14
100° 1908-09
77 1910-11
95 1913
86 Jan 714
92 1913
107% Jan 08
89 1918-14
69 Dee 713
98 July ’08
89 cane
9614. 1911
82 1910-11
9834712-18-14
HIGH
; ‘ 3 Bid
Sao Paulo Tram Lt & Pr Ist 5s1929....1014% 1911
Sault Ste Marie Bridge 1st 5s 1937....104 1909-10
S Ste Marie S-W (S St P M & O) Ist
BS ONG iss ikaiat apie alos aisiaierer plat wmenhard aie 1908-09
eee ee ee "104 June ’12
Soran & Stateboro 1st 5s 1953 97 Feb 708
Savannah Electric 5s 1952............ 85 Mar ’09
Schenectady & Duanesburg Ist 6s 1924 11714 Apr ’12
Schenectady Ry Ist 444s 1941........ 103 1912
Schenectady Ry Cons 44s 963 ee rsnee 105 1911-18
Schuylkill Riv E Side 45 1925..... /....1024% Dec 08
Schuylkill Traction 1st 55 1943........ 97 May'10
Schwarzchild & Sulzberger Deb 6s
1916) (8) cee scenes nama yaa atid 1024 June’711
Scioto Valley Traction 1st 5s 1933..... May ’10
Scranton & Carbondale Trac Ist 6s is35108 » 1909
Scranton & Pittston 6s 1923.......... 106 1909:
Scranton Electric 5s 1937 (b)......... 102% 1911-12
Scranton Ry (Am Rys) Gen 5s 1920 te}. 98 Jan 712
Scranton Ry (Am Rys) Ist 5s 1932....102 Apr 710
Scranton Trac (Am Rys) Ist 6s 1932.. .116 1909
Seaboard Air Line Equip 5s 1913-19 (b) 5% 1911-12
Seabd Air Line Equip 4 4s yele- 22 (d).4 ‘4 % Aug "12
Seacoast R R of NJ 5s 1948......... 110 1908-12
Seattle Elec Co Cons & Ref 5s 1929... 9914 1909
Seattle Elec Co Ist 55 1930........... 106 1909
Seattle-Everett Trac 1st 55 1939 Bh . 9834 1909-10
Seattle Lighting Ist 58 1944.......... 108 1910
Seattle Lighting Ref 5s 1949 (b)...... 96 1911
Seattle Ry 58 1921.................. 104 1909-10
Sebasticock &- Moosehead 1st 5s1928..102 | 1911
Second Ave (Int-Met) Cons 5s 1948... 95 1908
Seceud anh) Avenue Trac (Pittsburg )
BB 1984: oe 6 5 x aoniie sire ae ay Uy ri ae June 708
sikamulte Sun & Lewisbg 2nd 6s 1925..1 June ’09
Sharon & New Castle Ry Ist 5s 1931. “100 1908-09
Shrevept Bdge & Term’! (St LS Ww) 58
PDS CA) sosssiecscd zcausyine sc: escaieus bean aucyestis 9834 1909-10
Sibley Manufacturing Ist 5s 1922..... He 1908-11
Sierra & San Fran Pr 1st 58°1949 (b).. 1911
Sierra Ry of Cat Ist 5s 1937 “10
Simpson Realty 6s 1932 (d) .
Simpson Securities 6s 1929........... ae
Sioux Cy & Pac (C & N W) 3s 1936. - , 1909.
Sioux Cy Serv Co Ist & Ref 5s 1928(b) 86 “1913
Sioux City Stock Yds 1st 5s 1930 (d).. 1912
Sioux City Traction Ist 5s 1919....... 3 1911
Sloss Iron & Steel Ist 63 1920.. ..... 107_, 1909-10
Somerset Hotel 45 1921.............. 2 % 1909-10
Somerset Union & Mid Ltg 4s 1943... 81 1912
South Bend & Mish Gas Cons 5s 1926. 98 ~ 1909
South Boulevard (Int-Met) 5s 1945,... 90 1908
South Bound (S A L) Ist 5s 1941... ..10834s Apr ’12
South Car & Ga (Sou) Ist 5s1919....105 © 1911
South Cov & Cincinnati 6s 1932......117 1912
South Ferry (Int-Met) Ist 5s 1919. 974% 1913
South: Jersey Gas Elec & Trac (P s¢ 3
OFIN) 3) 5851953 2 < vaecrns Seaaeaen 100 Jan '10
South Platte Canal & Res 5s 1923 (¢).. eur June 712
South Shore & Boston 5s 1919 (a). 909
South Side Elev (Chicago) 44s 1924. ee May ’09
South Yuba Water Cons 6s 1923...... 1106° 1912-18
Southern Cal Edison Gen 5s 1939 (b)... 96 1912-13
Southern EI R R (U Rys of St L) 58 1916104 1908-10
Southern Indiana Ist 45 1951......... 84 1911-12
Southern I & S 4s-5s 1929 On agdiisy inter iats 60 1910
Southern Lt & Trac Coll Tr 58 1949... 94 Aug ’09
Southern New Eng Tel Ist 5s 1948... .114 19
Southern Ohio Traction 5s 1920....... 95% 1911
Southern Pacific Branch (S Pac) 68 1937 Hee 1909
Southern Power 5s 1930 (b)-.....-... 1912
Southern Ry 414% Equip 1913-14. t 689 1912
Southern Ry 44 % Equip “17? 1914-21. 4.65 lo 1912
Southern Ry (U Rys of StL) 6s 1915...10734 Apr ’09
Southern Sierras Pr 1st 6s 1936 (d)... 98 1912-18
Southern Trac of Pittsburgh (Phila Co)
1st & Coll Tr 5s 1950.............. 101% 1908
Southern Wisconsin Pr 1st 5s 1938 (d). 91 1914
Southwest Missouri El Ry Ref 5s 1923.101 1909
Southwest Mo R R Gen & Ref 5s 1931.100 1909
972
Asked
103 1912.
103 Nov ’1l1
10544 May ’*09
106% 1913
108 Feb ’08
a Jan '08
118% Apr 712
103 9461912- 13
100 =—1908-10
102% 1908
99 May’10
ae June’11
101 Apr 709
108 Apr 710
116% 1909
434% 1910-12
4% Aug 712
14 Apr 710
100% 1909
107% Apr ’09
101 1908-09
98 1911
106 1909-10
99 June’08
100° 1908
10714 Mar ’10
118 "1912:
102 «= July 708’
101 1909
98 1911-12
96 1911
110144 Oct 710
9034 1912
9 1913
96 1912
100 08-10-13
110 Dee ’08
102 1909-10
83 1912
99 1909-11
110) Mar ’11~
105144 Mar 712
125 ’08-12-13
100 1908
100% 1910
92 1912
10i4% «1918
9634 May’09 --
10734 1912-13:
1912-13
106 =: 1908,’11
86 Nov 710
oo
oo.
68 June’10
99 Aug 710
100 1911-12
185 1909
101 ’11-12-13
414% 1909-12
446% 1909-12
108 Mar ’09
100 1912-18
102% 1908
94 1914
102 1908-10
101 1909
LOW
Bid ; Asked
-91- 1908 92 Jan °08
95 1918 98 1913-14
95 Dee 18 103 1911-12
85 1908 104 1909-10
90 1913 100 °’08-12-13
69 Nov’l0 7114 Nov ’10
105 19 114 July 13
981% 1910 100 1909-10
90 Apr ’08 96 1908
95 1910-11 98 Sept ’10
83 July ’13 90 Jan ’08
9631409-138-14 9634 Mar ’09
94 1913-14 96 ~ 1913
100.» 1908 104 1914
10 1908 106 1913
9814 Sept ’10. 100 1910-13
95 1914 98 1918-14
90 Mar’08 95 Mar ’08
Byem 1swdelt 434% 1918
54% 1910- 6%
4.75% 1914 414% Nov ’12
98 1913-14 103 1913
90 908 92 08
97. Jan ’08 100 1908
9444 1918-14 97 1913-14
90 Jan ’08 95 1908
89 1913-14 92 1913-14
96 19 98 1908
90 Feb 708 94 Sept ’08
18 Jan ’14 24f June’14
92 Dee 138 95 Dee ’18
110 10-12-18 116 Jan ’08
94 1918 9234 Jan 08
83 19138 (93 ° 1918
88 1914 90 1914
87 1918-14 90 ° 1913-14
95 191 92 May’14
90 1918-14 100 ’12-13-14
75 1908 0 June’08
80 1918 883% July ’08
93°. 1911-12 6 1910-12
: BT 1914 92 1914
90 Oct 713 94 Oct 713
97 Jan ’08 101 190
90 1908-09 98 1908
60 1908 65 - 1908
90 May’14 95 May’13
60 4 «61908-11 75 1911-12
88 Mar’08 90 Apr ’08
93 Mar ’08 °96 Jan 708
112: 1914 1114 July ’14
70 1911 90 1909,711
91 Jan ’08 94 1908
70 1914 75 1914
96 1918 101% 191
90 1918 92 1910,’12
-99 July 708 100 190:
90° 191 93 1913
98 1914 100% Jan 714
40 Sept ’08 0 1908
15f 1912 20f 1912
70 1908 80 1908
90. Jan 08) cca tains
89% Nov 708 be yoeiune oe
116 Oct 713 Jan
95 1910 3134 1910
1% 1908 6% 1908
7% 1908 6% 1908
100 Dee 710 100 Jan ’08
94 1913 96 1913
65 1913-14 71 1913-14
90° 1918-14 92 1914
93 1910 98 1910
88 1910 92 1912
HIGH
Bid
Southwestern Coal & Impvt (M K & T) a
NGUGO 929 6 oe ccicccaie eo asuitcoims wace 118 June ’09
Southwestern G & E ist & Ref se :
BOS 25d) iso:s Sepe ect. seve’ Db, oonevens whee 9314 Dee 712
Spanish American Iron 68 1927....... 10414 Sept 709
Spokane & Inland Emp R R Ist & Ref
BB NG 2G scien ds siesarsie casas, ees tecsee fe 2 ot 99 1909-10
Spokane Falls & Northern Ist 6s 1939. ae 1910
Spring Brook Water 5s 1926.......... 0414 1909
Springfield (O) Lt Ht &Pr 1st 5s 1929 ia 94 1912-14
Springfield (HI) Ry & Lt Coll Tr 5s 1933 973% Aug '09
Springfield (Mo) Ry & Lt Ist 5s 1926.. 9514 July *11
Standard Cordage Ist 5s 1931. ~ aay July ’09
Standard Cordage Adj 5s 1931... 1117)
Standard Gas Lt (N Y) 58 1930....... 108 1908,’11
State Line & Sullivan 4145 1929...... | 98 °11-12-18
Steinway Ry (New York) lsy 6s 1922. .107 1909
Steubenville & Ind (Pa Co) Ist 58 nig 103% 1909-10
Streets West Stable Car 1st Equip 5s
1918-27 (A)isse65 scceweon a sewers s 28 5.380 % 1909-12
Stephenville N & S Texas (St LS W
Ist 58 1940 (d)..................0. 95 1912-13
Suburban Gas Co of Phila 1st 5s of 1952100 % Mar '12
Suffolk & Car (N S) Cons 5s 1952 (a)..101 ’11-12-13
Sulzberger Sons & Co Deb 6s 1916 (d) “100 K 1914
Summer St Ry (Nashville) 1st 6s 1926. .116 1908
Summer St Ry (Nash) 2nd Ser 6s 1937 .123 1909
Sumter & Wat R (Sou) 58 1919....... 100 1911
Sun Creek Coal Coll Tr 58 1944....... 72 1909
Sunbury & Lewiston (Penna R R) ‘Ist
AB 198@ eis cns toss ste esis 2 oe vee 100 % 1909
Sunbury Hazel & W B Ist 5s 1928....10114 1912
Sunbury Hazel & W B 2nd 6s 1938... 8314 July ’11
Superior Wat Lt & Pr Ist 48 1931..... 8344 July 11
Sutter St Ry (U R Rs of S F) Ist 5s 1918100 14 1909
Swift & Co 58 1914................6- 10134 Apr ’09
Syracuse Gas 58 1946................ 10214 1909,’711
Syracuse Lake Sh & Nor Ist 5s 1947 ®) 96 1913
Syracuse Rapid Transit 2nd 5s 1930... 99 1909-11
Syracuse Rapid Transit Ist 5s 1946... .104 1909
Tacoma Gas Ref 5s 1926............. 90 1908
Tacoma Gas & El 5s 1915 (a)........ 102 44 1909-10
Tacoma Ry & Pr 58 1929............ 99% on 10
Tacoma Water Supply Ist 5s 1925..... 94 909-10
Tampa & Jacksonville Ist 53 1949 (b). 90 10-12-18
Tampa Electric Co Ist 5s 1933........ 99 1912-14
Tampa Gas 5s 1937 (d).............. 93 1912-13
Tampa Northern Ist 5s 1936 (d). 82 1912-18
Tarkio Valley (Ky Cy St J] & C B) ‘Ist
16 1920) oi semi oe yA hi soon eels 104% 1909
Tarrytown W P & Mam (ini-Met)
BS LO 2S : iiics syslenapiaiiee susytacets aa iccestoaine 80 Jan 708
Taunton & Brockton St Ry 1st 581917...............
Taunton St Ry 58 1914......... 0... cc cece eee
Taylor Falls & L Sup (N Pac) 68 1914..106 1909-10
Temple Iron Co ist & Coll Tr 45 1925. .106 1914
Tennessee Copper Ist 6s 1913-17 (c)..
Tennessee Power 5s 1962 (d)..
10th & 23rd St Ferry 1st 5s 1919
Terre Haute & Indiana 5s 1925..... :
Terre Haute & Peoria 1st Cons 58 1942.
Terre Haute Electric Co 58 1929......
Terre Haute Ind & East Ist & Ref 5s
fe AOAS AD) assed dette eiey « onaeauarnds oii 9714 1912-12
Terre Haute Trac & Lt Ist Cons 581944 98 1911-13
Texas & New Orleans (S Pac) Dallas
Div Ist 4s 1930........ .....98 Dee ’08
Texas Central Ist 55 1923........ .105 1909-10
Texas Power & Lt Ist 5s 1937 (d) 9614 Dee 712
Texas Traction Ist 5s 1937 (c)..... 88
34th St Crosstown (Int Met) Ist 5s 1996 100 1912-13
Toledo & Indiana Ist 5s 1931 (c)...... 97 1911-12
Toledo & Ohio Cent Car Trust 48
TOLERANT (a) srs pee os caneaeg a ods 434% 1912
Toledo & Ohio Cent Car Trust 4s ‘‘B’’
1914-20 (ais cacmiainc aa tems ee es AYN 1912
Toledo & Ohio Cent St Mary’s Div
a 196 Ts ee oat Serns A 6 bce Lie 8 tee 92 1909
Toledo & Western Ry 1st 5s 1926..... 74% July ’09
Toledo Row Green & Sou Ist 58 1921.. 80 19
LOW
Asked Bid Asked
116 1909 100 1918 106 Dee’12
941% Dec 12..85 Aug 718 87. Aug 13’
105° Sept ’09 100 1909,’11 101s Aug ’12
101 1910.91 Sept 713
125 1914 100. Jan '08
107 1908 95... 1908
99 1914 90 1913-14
98 July ’09 85. 1913-14
98 1908-11 91 1912-14
30f 1908-09 4 1914
7f 1909-10 | % 1914
109% May’09 (88 Jan ’08
100 1911-12 80 1908
112 1909 96 1908
102 1908,10 96 Jan '08
544% 1909-12 5.80% 1909-12
973% 1912-18 95 1912-18
95 08
19 2 1909
106 =1911-13 90 1913
101% 1912 94% Aug ‘13
1908-09 110
126 1909 114 1913
100 1909-10 85 1908
80 1908-09 62 1910-12
101 Sept ’09. 89 Jan ’08
106 Feb ’09 100 1908-14
85 1911 110 1908-13
85 1911-12 60 1908
e’08 896 1911-12
ie Sept 713
122 1914
100 1908
95 1913-14
89 1918-14
93% Sept 13
4 191
% 1914
93° Jan ’08
96 Jan 714
100 Apr ’08
9914 1913
54 %'08-11-12
97% 1912-13
95 1908
99 Dee ’09
9534 Aug ’18
19
118 1913
96 1908
66 July 710
95. Jan ’08
100 .1913-14
116 §=©1913-14
60
1908
97% July 712
9214 Jan '08
96 Jan 709
92 Sept '13
1908
102 190' 85 Jan ’08 98
107 1909 89 Jan 708 91 Jan ’08
96 908 560 May’09 60 May’09
105 1909-10 90 19138 95: Apr 713
102 1909-10, 94 19138 95 1908
96 1909-10 88 1913 ee 1911-13
95 10-12-13 70 1913 May 13
102 Oct 12 1908-11 83 4 Aug ’08
9634 1912-18. 92 12-13-14 1914
87 1912-18 75 1912-13 83 1913
eco aes 101 «1911-12 ............-.
90 (1908-19 60 1908-11 1908-12-14
102 % MOOR oe ieee deotqe see 5% 100 08-12-13
101% QO oes) aesaoepatoree. 35 99 June’08
2 kis aecatn ele. B38 100 1908-13 ..........
108 1914 97 1908-13 9714 July 208
101 Dee 712 95 Dee ’13 100 11-13-14
85 1914 78 1918-14 81 1913-14
85 Jan 708 35° June’l4 45 ale
109 “Oct 709 100 1908-13 103 1914
118 June’09 .95 1913-14 100 Jan 708
102° 1912-138 92% 1908 95 1908
9844 1912-138 91 Sept’10 95 1910-11
100 11-13-14 90 1908 90 Jan ’08
94 1909 82 1913 87 1913-14
106 1911-12 90 1908 102 1914
98 1912-138 87%Jan ’14 90 Jan 714
96 1911-138 87 1914 91 1913
105 1912 65 1910 75 1909-11
99 1912-18 ‘90 Aug ’13 98 1913-14
444% 1909-12 6% 1912 5% 1912
44%% 1909-12 6%: 1912 5% 1912
95 1909-10 75 1908 85 1908
79 Feb .’08 50 1918 60% Mar '11
95 1908-09 76 Apr 711 80 10-11-18
i Bid Asked
Toledo Can Sou & Det Ist 4s 1956.... 98 1908-09 .............
Toledo Fre & Nor (LS El) 58 1920.... 99 ©' 1910 101 1910-11
Toledo Gas El & Ht Cons Ist 53 1935.. 66 Nov’09 75 1908-09
Toledo Home Telep 5s 1922....... ... 984% Nov 711 94° Sept 712
Toledo Terminal 1st 414s 1857. : 1909 -99 May’09
Tombigbee Valley Gen 6s 1935 95 ’10-12-13 100 ’10-12-13
Tombigbee Valley ist 5s 1956. 95 1908-11 101 1908
Topeka Edison 5s 1930 974% 1909-10 100 1909-10
Topeka Ry 5s 1930....... .. 98 1909-12 100 1909-10
Tororto Ry 414s 1913-21. ioe 98 1909-10 99 1909-10
Torrington Co lst 5s 1918.. ~..,101 Oct ’11 108 1909
Trenton Gas & El 5s 1949...... .. 106 1909 108 May’09
Trenton Passenger Ry 6s 1931 (c . 114% 1912 118 Oct 712
Trenton Penn & Hope 5s 1943........ 100 1909 102 1909
Trénton St Ry Cons 5s 1938.......... Pe Dec 11 105 May’08
Troy & Boston (Fitchburg) 7s 1924....127 1910-12 14614 1908- 10
Troy & W Troy Bridge 55 1915....... 104 ’09-12-18 105 ’09-12-13
Troy City Ry (U T) 58 1942.......... 108144 1909 110 1909
Troy Gas 2nd 6s 1923............... 110 + =1909-11 112 1909-11
Troy Gas Cons 58 1989.............. 110 1909-11 11244 1909-11
Tulsa (Okla) Corp Ist 5s 1932 (d)..... 92 = 1918 95 1912-13
28th & 29th Sts (Int Met) Ist 581996... 80 June’08 90 May’08
Twin City Telep 4145 1914-17-26...... 93 1909-10 100 1908
Twin States Gas & El 434s 1926...... 8814 -1909 92 1910-12
Balen Depot R R (U Rys of St L) Cons
VOUS cseicces' a a. serotosey ag = Sinaia a 4.5 0 eaten 110 1114 May ’09
Uren Elevated (Chicago) 58 1945. i 101 Feb 711
Union Ferry'5s 1920..0........ 0.000. ay 102. =1909-14
Union Lt Ht & Pr (Gin) iat 43 i9i8. . 94 1914 974 1912
Union Oil of Cal ist 5s 1931 (c)....... 90 1911-12 913g 1911
Union Ry (Int-Meét) 1st 58 1942....... 104 1912-18 107 1912-13
Union Rys Gas & Bi Co of Ill Colt Tr 58 ,
WSS ON (a) ye yd easadoais n'a 3 agains Bot atoinone 9434 1912 ae 1912-13
Union Steel Co Ist ‘5s BOD ec AA Aleta 105144 Oct 709 106 Sept ’09
Union St Ry (New Bedfd) Cons 5s1914.108 Dee *08 10514 1908
Union Trac Co (Phila) 4% Tr Certfs ; : é
19453 oseicac casein es eee cie ee 943, May’09 95 May’09
Union Trac Co of Indiana Ist rH 1919.. 96% 1912 98 Feb ’08
Union Transportation 1st 5s 1 fo 97 Aug 709° 99 Aug ’09
Union Utilities 5s 1944 (c)........ 1913-14 9714 11-13-14
United Box Bd & Pap Coll Tr 6s 1926... 1909 81 Jan ’10
United Box Bd & Pap Gen 6s 1926 (a). 1909 823% 1909-10
United El Lt & Pr (Balto) 1st Cons 4345
NG OE occas pinjes eid or Vadp iis ios ni aeaion ..... 9454 Mar'12 96 1909
United Et of N J 4s 1949 8834 Aug 712 8414 Aug 712
United El Securities Coll Tr 5s 1933-37 .101 1909 103 1909
United Fruit Deb 414s 1923 (a)....... 9814 Apr 709 100 Apr ’09
United Fruit Deb 414s 1925 (c)....... 9644 July 71197 july "11
United G & E Corp Cony 5% Notes
TOYS Cd) eg s csarene s pes Saree Eg wegen as 9614 1912-138 98-. 1913
United G & Eof N J Ist Coll tr 581922.101 — 19138 10114 1912-18
United G & E San Francisco 5s 19382..10114 July 710
United Illum (New. Haven) Ist 4s 40. 95 1909-10
United Lt & Ry 1st & Ref 5s 1932 ( .. 92 1912
United N J RR & Canal (Penna) Gen
MS NDS csc css aetna shed or neenges arden Pebscauas 103 + =1908-10
United zn I RR & Canal (Pa) Gen
BND aio 08 netaante & oe caueiod, a ee eR 10414 1909
United N J R R & Canal (Pa) Gen Ist
BSGS L9G. 2 ee curs s 5 steed aie sarees 9314 1909-10
United Pr & Trans Del Co & Phila 4%, -
CtiSi194 9 2 a ciiaidis ag weitere Keene 76 1911
United Pr & Trans United Rys 4% Tr
CUS 1949 iss sicky aot Wels 24 beE 7944 May ’09
United Ry & El (Balto) Conv & Coll 5%
Notes 1914 (c)............cesc een 10314 1918
United Rys & El (Balto) Income Fdg
SA OB G caiedilerstay peitiaaiere ayotidamee una acum 8934 - 1912
United Rys & El (Balto) Cons 48 1949.. 97 June’08
United Rys & El (Balto) Income 48 1949. 6734 June’12
U 8S Envelope Ist 5s 1913-34 (a)...... 101 1910
United States Finish 1st 5s 1919 (b)...100 10-12-13
United States Finish Cons 5s 1929 (b) . 95 aos
United States Gypsum Ist 5s 1922 (a) . 9914 May 712
United States Ry & Impvt 5s 1924. 90% Aue "11
United States Smelting 1st 6s 1922... 80 * 1909
United States Smelting Refin & Min
5 % Notes 1914 (d) 100. Mar 12
United States Steel Coll Tr 5s 1951. . .114 34 1909
United States Telep 58 1919.......... 88 Sept ’12
974
10214 Jan ’10
97 1910
9234 1912-13
10434 Sept ’08
105 1909
92 1911
86 1908
80 May’09
109144 June’13
9014 May ’12
9834 June ’08
67% June 712
10444 Apr 712
105 = 10-12-13
100 710-12-13
100 34 May 712
3 1910
85 “1909
100% Mar 712
116. 1910
8914 Sept '12
LO
Bid _.
90 1918
90 1908
50 =: 1908,’10
716% Jan 708
914
95 ’10-12-13
85 191
90 1908
90 1908
93 1908
5 Jan ’08
97 1908
107 1913-14
90 1913-14
95 1908-13
112 1913
97 «Jan ’08
100 Jan ’08
105 1909
104 1914
89 1913-14
5f 1913-14
85 1914
73 1912-13
65 1910-11
59