, 1873-04-01

! committee Of boyon WnH appointed to taRo lilo
necessary measures to forco tho said firm into
involuntary bankruptcy.
AMERICAN BONDS ABROAD.
Rnilrond obligations Satisfactorily
American, Uonds Arc Unpopular
Abrontt.-ConlpaMics Which AFRO Not
Pnylng Interest On THOR Dcbta.
From. tho Ne,o York !rfbane, afareh 70:
Tho trouble With American noonsitios In the
German market Is attributed to the oarolosanosH,
nid in somo caaea tho criminality. Of railroad
In tho matter OF their obligations |
which have been negotiated In Germany, or havo
si Tsy G sss esseray S ao
depreciation Ind takou place in tho prioo OF |
American railway paper, and that 1t was received
with loss favor than In paBt yoara. A. schedule
which tho intorest, it is said, ia 10 longer paid.
tho owners having boon compelled to witnoss Q
heavy depreciation in thoiryaluo:
Alabama Chattanooga Railroad. 10000
Fe3t Pss TSSs @agne yasy saaeIs o'a:nns SS
l1corgia AID bonds trunswick Albany)... s,sa0oyo
penasular {Alichjsnn). eo9 0 0o9
Rockford, i lock isand 81. Lo,iia.. ooooooo
Some Of these companies aro substantial, and
Il they hayo not done go. viii probably pay tho
,es's Wese "aidad" dad BY lie "6arpet-Dag" aovorn-
ment of tile Southern States. Appended aro tho
latest official facts obtainablo in relation to tho
noyoral companies.
Tho Alabama d Chattanooga Nailroaa "a o~fooe
gauge) extenda from Chattanooga, Tenn, to
Meridian, Miss, distance Of 298 miles; with
adings aud other tracks, 14,8 miles long. Tho
rolling stock consists OF 20 locomotive onginos,
rs beFgsge spa o. @ esss
aion Of tic agents Of tho State Of Alabama, aud
il operated hy tho Mobile l. Ohio Railroad. under
temporary lease. Tho latest financial etate-
Snent obtasnab1e Is dated Juno !, lb!l aud anowa
AMOUNT paid in, 92,70o.ooo. Tho tundod
debt is a6 fo1lows: First mortgage 9, ,per
cent bonds, guaranteed " j., oaa tho sa ststo
900, and on mortgages ,{uot guarantoeD to tic
principal due Jun. l. 1soo, s2oia. 900; total fund
I'd dabt, $780,, 900. Tho floating dobt is ro-
| pany defsulted On tho interest on ita bonds as
| woll rs those guaranteed for 1t by Alabama. Tho
State has elnco paid tho interost under an act OF
! it's Legislature passed in February, 1871. Tho
pany aS saarantood t goa interest. Ills cost ef the
road ol,d the equipment up to 1873 was $40, ,500,-
| 600. The Company hos from the United statcs
d land grant Of SIX Hoctlous por milo Of road "
Inc within Alabama II all amounting to 1,ooo'-
Iho Dcs Moinos Valley Railroad o1tonds from
Keokuk, 1owa, to Dca NloineB. Iowa. Gay ~ miles,
with sidingn aid other tracka 20 miles adftlons M
inR stock as last reported was as follows: Lo-
colnotivas, 90; passenger cars, 1G baggage
mail, express, 10, mud freight oars 6l5. cont
parison Of the several years OF its existence
tho not revenue wus $500, 7o5, while in 1871, Will
248M miles Of rond, it was only 1886, Jul. The
not regonuo has mover been sufficient ,r 70
my tho interest OIL the funded debt. The
iast exhibit showed tho road nnder tho
control Of the trustees Of tho mortgage
A proposition had boon madc With q vio" to re'
organizing the road under tho title Of the
| 81. Louis, Keo]iuk j. Dakota Nailroad, on pable
ng3 t. the ea1s snd to tho
holders 25 por CONT. Tho President OF the roao
ia N. A.. Cowdry. -,
Tho Fort Wayne, Munoie 4 Cincinnati Gin. Hal n
road extends from m Fort Mnyno iha., d. 70 oe1at Gun
for tarlr on Sept. ~ 1870, mud has traffic gHar ga
autoos with tho Michigan Contra1, tho For
. Wayne, jackson j. Saginaw, tho JacKHon
hans ss1aW nnd sne' nS consst
bss9es nd SiFi i5 hst see and
y THO financial statemont, dated Jan. H. 1871
shows capital stock Of 81 900 600, and funae
Sspa b tis aae mG5f'fe %pf 1ss P'f fS &c., e0aa
:. onti mortgages, per cont currency, princirs
duo July ], 1895, s5oo.ooo; total stock and bond
= = % Tho %prunswick & Albany nni]roaa extoni
n from Brunswick, Co., viz Albany, g., to El
!, fnu}a, Ala distance Of 2i2 miles, Of which Ii
a aro reported in operation, with sidingss OF
miles, Tho rolling stock consists Of IL locom'
ssssj. ys ge 5 efssss as
eiHts Of frat mortengo bonds, 60, $50, 900 In p
cent gold bonds duo April |, 100; and %, o5o
: 600 In I por cont gold bonds duo April l, 189
= hnyinE dofnnltea on tho payment Of interest d
y Anril /. 1872 on It's first mortgage boudH, Wilt
- wore guaranteed by the State Of Georgia. paas
- - into tho hauas of q receiver.
= tho roninaular & Michigan, peninsular Of Int
- ana Chicago & Blue Island md lndial
III railroads, and extends from Lanaing,, Mich,
- Chicago, ILL.,, distance OF 205 miioa, but ID on
D. distance Of lis ,niles, Tho rolling conslats!
oars ros0%915es On 5nn I ls7 Tue capta stoet
~ ~ 600 900, Of which 81 o95 00o YES paid IN.
or gago PCT cent sinking fund bonds, due in 1s:
sud second serios ?S7o 81; 5nG Co., payable in 100
THO Port Royal Rairoad oIto1da from m. e t'l
IT. Royat Harhor, q. O., to Augusta, Ga.. dlsta1l
II: OF Ito milou. Tho financial statement, dat
Of April l. 1872 shows tho authorized capital sto
on to bo e9,O00,000; aubsoribed, Si5o ooo .
ty paid n eAoo 0oo Tho funded doGt consists
ys iund gold bonds. due in 90 years; =.
u The Rockford, Rock leland st. Lo
~ naiironl - o1touds from 10, iStorlin'E, J. !
Ae to East st. Louie, Ill.,, 20l.l3 miles, v
w. from sagotown to Korthsburg, II }, 4 diatance
~ 25.S7 miioa, making total Of 9la60 niloa, 7
'ar lino was brought Into operation IN Noyemb
OF 1870. Included In tho main limo ore the follow
on loasod rairoala Rock Island l. Peoria, and
ars danapoiis Il St. Louis. Tic following is
ny rolliur-Htook: 81 locomotives. and 10 pasaen
NJ and 0S5 freight ears. The capital stocl. III
~ 0G0,0O0. Tho funded debt ia @9,000, 0oo IN
iAs cont gold bontlH duo August, 1913, making
'a u tai stock Of 918,000,000.
Cercbr0-Spinul-NIenln
LOUISVILLE Ky, March 3l.--Corebro-api