Virginia Consol. Coupons not Taxable. In the United Sates Supreme Court at Washington on the 24th inst., a decision was rendered in the case of H. C. G. Hartman, plaintiff in error, vs. Samuel C. Greenbow, Treasurer of the city of Richmond, Va. In error to the Virginia Supreme Court of Appeals. divided court the mandamus was refused. Hart- Philadelphia Stock Exchange. Allegheny Val.73-10...... 1191 Mort. 68, 1689............ 1st mortgage............ 2d mortgage......... Catawissa................ Preferred.............. 78, new..... 78...... ........ .... Elmira & Williamsport.... Hunt. & B. Top Mt... 9 ............ 131 ***........ high Navigation.... 411 6, 1884............ 1st mort.58,coupon...... .... 115 .... .... 501 .... 111 ... 601 1331 The power of the State to impose a tax upon her own obligations is a subject upon which there On the 30th of March, 1871, the Legislature of bas been a difference of opinion among jorists Virginia passed an act entitled "An act to pro and statesmen. But whatever may be the wisest vide for the funding and payment of the public rule as to the taxibility of public securities it is debt." By the provisions of this act the State settled that any tax levied upon them cannot be Del.'& Bound Brook. withheld from the interest payable thereon. This agreed that if her creditors would come forward was the judgment in the case of Murray vs. Charand surrender to her her old bonds she would is-leston (96 U. S., 445), where the Court held that sue to them new coupon bonds for two-thirds of by the legislation of the city its obligation to its the amounts due upon the old bonds, payable at creditors was impaired, and however great its power of taxation, it must be exercised, being a the expiration of thirty-four years, with inter- political agency of the State, in subordination to est at 6 per cent., payable semi-annually, the the inhibition of the Federal Constitution against semi-annual interest to be represented by coupons This decision would be decisive in the present Lehigh Valley.... legislation impairing the obligation of a contract. attached to the bonds, which coupons should be case, but the present case is still stronger for the "receivable at and after maturity ic payment of creditor. The Funding act made the bords issued all taxes, debts, dues and demands due to the under it payable to order or bearer and made the State, which shall be so expressed on their face." coupons payable to bearer. The bonds and For the other third the Commonwealth was to coupons were so far distinct and independent contracts that they coull be separated from each give the bondholder a certificate setting forth that other and transferred to different hands. This "payment of the amount will be provided for in Court has repeatedly held that such coupons have accordance with such a settlement as shall here- all the essential attributes of commercial paper, that they are separate claims against the State after be had between the States of Virginia and and may be used to support separate and iodeWest Virginia in regard to the public debt of the pandent actions. State of Virginia existing at the time of its dismemberment." Under this act the holders of bonds of the Commonwealth amourting to about $30,000,000, bad funded their bonds by March, 1872, so that at that time there were out bonds of the State for about $20,000,000 bearing 6 per cent. interest, with tax-receivable coupons attached. On the 7th of March, 1872, the Legislature of Virginia passed an act declaring that nothing should be received in payment of taxes except gold or silver coin, United States Treasury notes or notes of United States national banks. In the case of Autoni vs. Wright the Virginia Court of Appeals held that this last-mentioned act was unconstitutional and void in that it impaired the obligation of the State's contract with her bond and coupon holders. The coupons held by Hartman, the petitioner, were distinct contracts, imposing their own separate obligations upon the State. Hartman was not the owner of the bonds to which they had been originally attached. In bis hands they were as free and discharged from all liability on those bonds as though they had never been connected with them. And argument is hardly necessary to prove that an act which requires the holder of one contract to pay the taxes levied upon an other contract held by a stranger cannot be sustained. Such an act is not a legitimate exercise of the taxing power. It undertakes to impose upon one the burdens which should fall, if at all, upon another. Minehill & Beh. Haven 59 let mortgage 6B.......... 58........ Pennsylvania R. R. .... 45 ... 661 661 661 661 1st mortgage.. do. 3d series. do. 5, new....1/7 Phila. and Reading....... 321 7. new convertible...... 1st mortgage, 68.......... .... 98 22 20 191 201 19 99 991 99 100 991 Schuylkill Navigation.. 11 ....... Preferred............ 10 The Funding act stipulated that the coupons On the 25th of March, 1873, the State Legisla- inal form in 1876. This Court is clear, therefore, that the act of Shortly subsequent to that time the plaintiff in error, Hartman, a citizen and property-holder of the Legislature of the State of Virginia of 1876 requiring the tax on her bonds issued under the Richmond, Va., tendered to Greenhow, the tax Fending act of March 30, 1871, to be deducted collector of the city, in payment of taxes, $24 in from the coupons originally attached to them coupons cut from the aforesaid funding bonds when tendered in payment of taxes or other dues and $2 53 in money-that being the amount of to the State, is in face of the previons contract with such bondholders contained in the Funding taxes due by him to the State. The tax collector act, a law impairing the obligation of a contract, refused to receive the coupons at their face value and that it is therefore void. It follows that the in payment of Hartman's taxes, on the ground petitioner was entitled to his mandamus to comthat the act of 1876 required him to deduct from pel the Treasurer of the city of Richmond to receive the coupons tendered to him in payment of the coupons the State tax of one-half of 1 per taxes for their full amonot. The judgment of cert. Hartman thereupon applied to the Supreme, the Supreme Court of Appeals of Virginia denyCourt of Appeals for a writ of mandamus to com- ing the writ is, therefore, reversed and the cause pel the tax collector to receive the said coupons remanded for farther proceedings in accordance and money in yment of his taxes. By an equally with this opinion. 11 11 11 185 185 New York Stock Exchange. Adams Express... 129 New York Stock Exchange. N.Y., Lake Erie & W.. 521 2d Consolidated...... 101 671 N. Y.,N.Haven & Hait .... 33.8.68,1881, reg.......... .... ... 1124 1121 1014 100 .... 501 ..... 94 93 101 498 481 911 921 1001 100 49 501 911 931 100 101 964 96 1791 179 961 178 .... .... .... 55 .... 120 521 531 .... Ohio and Mississippi.. 43 Consolidated 78...... 118) Pacific Mail 8. 8. Co.. 551 541 2d mortgage. Pacific R. R. of Mo... .... 2d mortgage..... Panama.. 92 1131 .... Philadelphia & Reading 641 .... 1301 Pitts., Ft. W. & Chi. gtd 132 129 574 .... 481 43 120 8d mortgage Pullman Palace Car.... Quicksilver Mining Co. 14 Preferred.. St. Louis & San Fran.. 48) 1st Preferred....... 101 1011 81. L., Alton and T.H..... Preferred............123 1st mortgage............. 125 8t. L., Iron Mt. & S. As. 61 2d mortgage. Tol., P. & War. 1st E.D..... lat mort., West. Div. 1241 e.& Northwestern.135 134 133 181 fretarred............137 145 130 1311 Union Pacific ........ 121 145 1st mortgage 118 50. reg..............126) the., Book Isl. & Pac:141 140 140 139 * Consolidated............... Ah mortgage.... 1.,Chi, Ind (ent 231 si mortgage.......... 4 mortgage............... 1. Hudson Canal.102 log. 7, 1891......... 113 Sag 7,1854...... , 1994....... 4 mortgage 7........ Consol. 1907........... Ballway................. si mortgage...................... .... 4 mort. 5, ext...... & mortgage.........*** it mort. 5, ext.......... ib mortgage...... Consol. gold..... at Westernist mor112) & mortgage..... .... .... Land Grant 7s...... Binking Fund 8......122 United States Express. 574 Wabash................... 1st mortgage 2d mortgage.......... 1111 74, Consolidated.....112) St. LouisDivision Wabash, 8t. L. & Pac. 488 Preferred New Mort. 78........ Wells-Fargo Express. .116 23 Western Pacific bonds.. Western Union Tel...1144 78,8. F. conv.. 1900.... .... 103 106 107 107 1071 114 114 106 .... referred............105 108 107 107 ..... Boston and Maine.....149 Boston and Providence Boston, Hart. & Erie 7. 56 106 109 149 .... 1491 122 119 171 .... .... 65 130 Burl. & Mo. R. L. G.70.. Burl. & Mo. R. in Neb. 113 914 *, Convertible.......... 113 113 45.... nston & Ter. Cent....... Burl. and Quincy. Mortgage......... 112 112 169 169 169 171 181 131) ke Shore & Mich Bo.134 ale Central........1831 132 133 1311 180! 133 132 131 181 1321 fansol. 76............... Joasol, 70, reg.... ..**** 4 Consolidated......124 b.&W.B. 7s, Con ...... Dock bonde.... aville& Nashville.. 921 921 Consolidated..... hattan ......... 36 tropolitan Elevated..109 Let Mortgage. thigan Central......125 4.1902........... Band N.I. 1st, 8.F109 tris and Essex.....123 14 mortgage....................... foof 1871............**** Is Convertible.......109 11, Consolidated.....124 130 124 Ubl., New 41 Bonds.......104 1041 Fitchburg.... ........ Kan. C., Top. & West... Michigan Central...... 125 371 371 104 104 150 .... 38 38 150 N. Y. & Now England.. 561 .......118 78............. Northern, N. H.. Norwich & Worcester...... 351 36 26 108 109 109 103 103 103 103 164) 124 123 121 1211 1231 Ogden. & Lake Chan: 23 127 127 131 109 109 1094 Old Colony........... 122 1221 Ph., Wil. & Balt. (850). 72 Portl'd, Baco & Ports...... Pueblo & Ark. Val........ ... 134 76 Pullman Palace Car... 143 143 ..1221 119) Union Pacific...... 143 145 143 .... 8................... Land Grant 7....... 112 1121 Sinking Fund 88......... Vermontand Canada...... Vermont and Maes........ Y. Elevated........124 1241 124 1241 124 1241 Worcester and Nashua.... la mortgage........117 117 117 Cambridge (Horse)....... 130 )....... Metropolitan ('' 731 Middlesex (" )....... 133) rney.... Do. 2d Consol. Mort. bonds.......100 -102 101 Po.Geld Income Bonds........... 85 -90 90 95 N. Y., Penn. & Ohio 1st mor.. bds.... 65 -67 66 67 Do. Prior Lien Bonds (sterling)....108 -110 108-110 Pennsylvania, $50 shares... 891 08 · 69 Do. Con. Sink. Fund Mort........118-120 119-120 Philadelphia & Reading $50 shares. 26 27 281-290 General Consol. Mortgage........112-114 115-117 Do. Improvement Mortgagc......102 103 103-1041 Do. Gen. Mort. '74, ex-deferd. cou. 89-91 93-95 Do. Scrip for the 8 def. coupons. 87- 90 20 -95 Pittsbg, Ft W. & Chic. Equip bds.110-112 110-112 St. Louis Bridge 'st mort, gold bonds119 -121 122-124 Do 1st pref, stock ..... 76 80 78-79 Union Pacific Land Grant 1st mort.114-116 114-116 American Railroad Journal. Financial and Commercial Review. THURSDAY EVENING, January 27, 1881. Five per cent is the ruling rate for call loans, the exceptional rates being 4 and 6 per cent. Time loans are 4@5 per cent on good collateral. Prime mercantile paper is 5@51⁄2 per cent. The posted rates for prime banker ssterling are 98% and 99@%; the actual rates are 9834098 13.16 and 993 @99 7-16; cable transfers are 992 @99 5-16, and prime commercial 98 7.160. By the old method the posted rates for prime bankers sterling are 4.81 and 484%; the actual rates 4.80%@34 and 4.833404.34; cable transfers 4.844@, and prime commercial 4.79@1⁄4. The Governors of the New York Stock Exchange bave admitted to dealings at the Board the following securities : New Jersey Southern Railway Company-guaranteed 6 per cent bonds to the amount of $1,62 44d,600 secured by a mortgage subject to prior liens of $320,000 on all the railroads of the com251 pany, and the interest is guaranteed by the New York and Long Branch Railroad Company, which is a branch of the Central of New Jersey. 250 ... 478 Northern Pacific Railroad Company, first mort Bloom. and Western, 69; do. 1st, 84; do. 2d, pire Car Trust, 101; East Pennsylvania 78, 1141 gage railroad and land grant sinking fund 6 per 72%1⁄2 ; do. Inc., 773; Indianapolis, Decatur and Huntingdon and Broad Top Mt, consol. 78, 78 cent gold bonds, $20,000,000, due January, 1921. Springfield 1st, 106; do. 2d inc., 63; Jeffer- Harrisburg City 4s, 104; Nesquehoning Vall Of the total issue $6,480,300 is held in trust, to son R. R. 1st, 109%; Keokuk and Des Moines, R. R., 58; Philadelphia and Reading C. & retire $3,995,100 bonds issued on the Pend-'d-21; do. pref., 50; do. 1st, 105; Kansas Pacific deben. 78, 47; Pittsburg, Titusville and Buffa Orille division and $2,485,200 issued on the Mis-1st cousol., 104; do. 6s, Denver Div. ass., 10734; pref., 28; Pennsylvania 6s, 96; Philadelphia a souri division. Louisiana and Missouri River 17; Lake Erie and Reading R. R. scrip, 70; do. consol. mort. go The closing quotations on Thursday were: Western, 55%; do. 1st 6s, 112; do. inc., 79; 6s, 11234; do. Income 78, 79%; Pennsylvan Adams Express, 129@130; American Express, Louisville, New Albany and Chicago, 76; Laf., and New York Canal 7s, 1906, 114; People 68% @69%; American District Telegraph, 62@ Bloom, and Muncie, 78; do. inc., 80; Louisville Pass. R. W. 78, 107; Shamokin, Hazleton a 62; American Union Telegraph, 88% @84%; and Nashville 2d, 106; do. Gen'l mort., 68, 1044; Wilkesbarre 5s, 90; Steubenville and Indian Canada Southern, 863%@86%; Central of New do. N. O. and Mobile 1st, 1084; Lebigh and 69, J. & J., 105; Texas and Pacific 1st mort. 6 Jersey 983%98%; Central Pacific, 89% @89%; Wilkesbarre consol. ass., 110; do. inc., 92%; 1084; do, 1st mort. 6s, Rio Grande div., 997, Chicago and Northwestern, 1804@130%; do. Lake Shore div. bonds, 122; Marietta and Cin- do. consol. mort. 69, 1014; Uaion and Titusvil pref., 141@142; Chicago, Burlington and cinnati 1st pref., 1234; do. 2d pref., 73⁄4; Mobile 78, 100%; West Jersey deben. 6s, 1883, 101 Quincy, 168 @170; Chicago, Milwaukee and St. and Ohio, 2334; do. 1st deben., 84%; do. 2d do. 1st mort. 6s, 1896, 118. The latest quot Paul, 119@1191⁄2; do. pref., 1263⁄41⁄4@1271⁄4; Chi- deben., 50; do. 1st mort., 1091⁄4 ; Missouri, Kan- tions are: City 68, 110@111; do. free of ta cago, Rock Island and Pacific, 138@138%; Colum-sas and Texas, 464; do. consol. ass., 112; do. 1280129; do. 4s, new, 106% @110; Pennsylv bus, Chicago and Indiana Central, 25@25%; 28, 79; Minneapolis and St. Louis 1st, 120; do. nia State 6s 2d series, 101@102; do. 3d serie Cleveland, Columbus, Cincinnati and Indianapolis, Iowa Ext. 1st, 1104; Nashville, Chattanooga 105@105%; do. 5s, rew loan, 115@117%1⁄2 ; d 89% @90; Hannibal and St. Joseph 54@55; and St. Louis, 67%; do. 1st, 117; New York. 4s, new, 108@111; Philadelphia and Readin do. pref., 107@107%; Illinois Central, 133@ Ontario and Western, 3834; New York, Pennsyl-30%@31; do. consol, mort. 7s, coup. ¡24@— 1883% Lake Erie and Western, 53% @54; Lake vania and Ohio inc., 62; New York and Manbat- do. reg., 125@126; do. mort. 68, 117@—; do. 7 Shore and Michigan Southern, 131%@132; Mich-tan Beach, 36; do. 1st, 106; New York, Lake 1893, 12034@1211⁄4 ; United New Jersey R. igan Central, 122@123; Metropolitan Elevated, Erie and Western Inc., 91; Obio Central, 22; do and Canal, 184@185; Pittsburg, Titusville an 110@111; Manhattan Elevated, 36% @85%; New 1st, 106%; do. inc., 69%; do. Terminal Trust 6s, Buffalo R. R., 19% @19%; do. 7s, 994@1001 York, Lake Erie and Western, 50%@50%; do. 102; Oregon Railway and Nav., 144%; do. 18t, Camden and Amboy mort. 6s, 1889, 1142@115 pref., 93@934; New York, Ontario and West- 107; Ohio and Mississippi 1st, Springfield div., Pennsylvanin R. R., 65% @65%; do. gen'l mort ern, 38% @38; New York Central and Hudson 116; Pittsburg, Titusville and Buffalo, 29%; coupon, 1243 @125; do. reg., 125@—; do. con River, 151@1511⁄2; Ohio and Miss., 434@43%; Peoria, Decatur and Evansville, 881; do. 1st, sol. mort. 6s, reg., 118@120; Little Schuylkill E do. pref., @106; Pacific Mail, 5834054; St. 83; do. inc., 84; Peninsular 1st, 110; Rome, R., 5134052; Morris Canal, 60@64; do. pref Louis, Iron Mountain and Southern, 60@60%; Watertown and Ogdensburg, 37; do. 1st consol., 164@165; Schuylkill Nav., -@5 ; do. pref., 103 Union Pacific 121@121%; United States Ex-93%; St. Paul, Minneapolis and Manitoba 1st, @11; do. 6s, 1882, 80@8034; do. 1872, 102@105 press, 57%@58%; Wells Fargo Express, 119@ 109; South Pacific of Mo. 1st, 105%; Southern Elmira and Williamsport pref., 52@-; do, 6s 120; Western Union Telegraph,11601164; Wa-Pacific of California, 1st, 198; St. Paul and Da-112@115; do. 5a, 96@98; Lehigh Coal and bash, 48% @48%; do. pref., 90%@90%. luth, 3934; St. Paul and Minn., 110; St. Louis, Navigation, 423⁄41⁄2 042%1⁄2 ; do. 6s, 1884, 1061⁄2@108 The following quotations of sales of Railwa Kansas City and Northern R. E. 7s, 1895, 114; do. R. R. loan, 117@-; do. Gold Loan, 1103 and other securities, for the week, are in addi-do. Omaha div. 1st, 119; do. St. Charles Bridge @111; do. consol. 78, 114@1164; Northern Pa tion to those giver elsewhere in our columns : 1st, 104; do. Clarinda Branch 1st, 104; St. cific, 38%@33%; do. pref., 6434064%; North Nw York.-Beston and New York Air Line, Louis and Iron Mt., 1st pref. inc., 96 ; do. 2d do.. Pennsylvania, 573% 57%; do. 6s, 107@110; do 46; Boston, Hartford and Erie 1st, 65%; Buffalo 85%; do. Arkansas Branch 1st, 112; do. Cairo 7s, 117@121; do. Gen'l mort. 7s, reg., 120@122 and Erie 7s, new, 122%; Cincinnati and Spring- and Fulton 1st, 110%; do. Cairo, Ark. and Philadelphia and Erie, 213@22; do. 6s, 101% field 1st, guar, by Ciev., Col., Cin. and Ind., 117; Texas 1st, 1092; St. Louis and San Francisco 102; do. 78, 117@119; Minehill, 59%; Cat Chicago, St. Paul and Minn. 1st, 110; Cedar Falls 2d, class A, 103; do. B, 88; do. C, 86%1⁄2; do. awissa, 183@13; do. pref., 501⁄4@50%; do and Minnesota, 22; Chicago, St. Louis and New Equip., 103; Texas and Pacific. 4534; do. new pref., 484@4834; do. 7s, 1900, 120@Orleans, 56%; do. consol., 116; Chesapeake income L. G., 76%1⁄2; do. consol. mcrt. 6s, 102; Lehigh Valley 59% 59%; do. 6s, coupon, 121@ and Ohio 1st pref., 34; do. 2d pref., 244; do do. Rio Grande div. 1st, 99%; Toledo, Peoria 123; do. reg., 121@1224; do. 2d mort. 78, 132 1st, Series B, 82; do. cur. int., 49; Chicago, St. and Warsaw 1st pref. inc. for 2d mort., 95; Texas @135; do. consol. mort., 117@118; Fifth and Paul, Minneapolis and Omaha, 49; do. pref., and St. Louis 1st, 76%; Toledo and Wabash Sixth streets (horse), 125@--; Second and Third 106; do. consol., 1064; Central Iowa, 40%; Equip., 48; Utah Southern Gen'l mort. 7s, 109, 105@115; Thirteenth and Fifteenth, 74075; do. 1st, 11234; do. deben. certif., 88; Col., Chi. Wabash, S. Louis and Pacific, Geo'l mort. 68, Spruce and Pine, 56257; Green and Coates, and Ind. Cent. 1st Trust Co. certif. ass. sup., 100; do. Havana div. 1st, 994; Georgia 6s, 109; 99@103; Chestout and Walnut, 85090; Hes1062; do. Inc. 71%1⁄2; Clev., Col.. Cin. and Ind. Louisiana 7s. consol., 54; Missouri 6s, 1886, tonville, 19219%; Germantown, 68@70; Union, consol., 120; Chicago, Milwaukee and St. Paul, 107%; do. 1887, 1083; do. 1889@1890, 1093%; 119@122; Lombard and South, 12018; West La. C. and Dav. div, 97%; do. Southern Minn. North Carolina 6s, F. A. 1866, 123; do. S. F., Philadelphia, 86@88; People's, 1834 019%; CODdiv., 107%1⁄2; do. S. W. div., 1084; do. Chicago | 3d class, 74; do. consol. 4s, 86; do. 68, issued tinental, 101@—. and Pacific div., 110%; Clevelard and Toledo to Chatham R. R., 51⁄2; South Carolina 6s, nonS. F., 109; Chicago and Eastern Illinois 1st, fund., 5%; Tennessee 6s, old, 48; do. rew, 45; 106; Chicago, Burlington and Quincy, 88, 107; Virginia 68, def., 15; American Union Tel., 82; Chicago and Alton Inc., 105; Denver and Rio Am. Dist. Tel., 62%; Canton Co., 63; Sutro Tun Grande, 90%; do. 1st, 114%; do. consol., 111%; nel, 1%; Colorado Coal and Iron. 40; do. 6s, Dubuque and Sioux City, 84%; Denver, South 97; New Central Coal, 27; Caribou Mining, 24; Park and Pacific let, 109; Detroit, Monroe and Central, 4%; Deadwood, 18; Excelsior, 64 Toledo 1st, 1125%;. East Tenn., Va. and Ga. 1st, Homestake, 27%; Little Pittsburg, 2; Mari 115; Frankfort and Kokomo 1st, 103; Galves-posa, 1; do. pref., 24; Ontario, 34; Standard, ton, Harrisburg and San Antonio 2d, 10234; 2234; Starmont, 234. Boston.-Atchison, Topeka and Santa Fe 76, Dutch Stamp, 121; do. 5s, 100; do. plain, 97% Boston and Maine 78, 1894, 127%; Boston and Albany 68, 1194; Boston Land, 105%; Boston Water Power, 13%; Brookline Land, 53%; Boston, Revere Beach and Lynn, 115; do. 68, 109; Boston, Clinton, Fitchburg and New Bedford, 51; Boston, Hartford and Erie 6s, 58; Burlington and Misscari River 6s, in Nebraska non exempt, 104; Boston and Lowell 5s, 1899, 105%; ChiGalena and Chicago 1st, 1042; Houston and Philadephia.-Am, S. S. Co. 31%; Bell's Gap cago, Milwaukee and St. Paul, Dubuque div. 68, Texas Central 20, M. L., 1244; Hudson River 7s, 10134; Central Transp., 48%; Delaware Di- 108; do. Wisconsin Valley div., 105%; Cen2d, 8. F., 112; International and Gt. Northern, vision Canal, 41; Elmira and Willamsport 6s, tral of Iowa, 41%; do. 2d pref., 67; Chicago and 59%; do. 1st, 109; dr. 2d inc., 891⁄2 ; I., 115; Erie and Western Transp. 6s, 1024; Em- West Michigan, 78; Cincinnati, Sandusky and Population of the United States. ing the tenth census of the United States. Care Your cbedient servant, Cleveland 70, 106; Cheshire R. R., 65; Connec- 5s, 1900, 1151⁄2@-; do. 58, 1916, 118 @119; Vir- of the road for 1880 over 1879, amounted to tient and Passumpsic Rivers R. R., 8934; Chi-ginia conscls, 78@784; do. consol. coupons, $1,941.58. cago, Iowa and Nebraska, 140; Chicago and 93%@93%; do. 10-40 bonds, 51%@51%; do. Annual Report of Cooper Union. Iowa 8a, 991⁄2 ; Detroit, Lansing and Northern 10-40 coupons, —@94. The annual report of the trustees of the Cooper 76, 117; Danville, Olney and Ohio River R. R., Union has been prepared for presentation to the 100; do. 7, 100; Eastern (N. H.) R. R., 90; Legislature of the State and to the Common Eel River R. L., 66; Essex R. R. 6s, 1896, 108; Council of the city of New York. It shows that Flint and Pere Marquette 28%; do. pref., 87 DEPARTMENT OF THE INTERIOR, the receipts for the year ending December 31, Fort Wayne and Jackson pref., 75; Fort Scoti CENSUS OFFICE, 1880, amounted to $60,379 27 and the expendiBranch 76, 111; Fitchburg 6s, 1894, 128; Iowa WASHINGTON, January 18, 1881. tures for carrying on the various schools, etc., Falls and Sioux City, 65; Jackson, Lansing and Hon. Carl Schurz, Secretary of the Interior: were $45,454 24. The balance January 1, 1880, Saginaw 88, 1885, white, 111%; Kansas City, SIR--I have the honor to report that on Satur- was $1,213 77. Mcney was borrowed during the Lawrence and Southern 4s, 104; Kansas City St. day, the 15th inst., the last retures of population year amounting to $1,352 54, which increased the Joseph and Council Bluffs 7s, 121%; Kansas were received at the Secretary's office, complet-income to $65,945 98. The loans paid off during City, Fort Scott and Galf, 80; do. pref., 180; fully revised, the computation gives the following the year amounted to $16.786 25. There is now Little Beck and Ft. Smith, 62%1⁄2; do. 78, 11334; as the population of each State and Territory on a balance in the treasury of $3,705 09, and there Louisians and Missouri River, 15%; Mexican June 1, 1880. Very respectfully, is due for rents $2,280 83. The current indebtedCentral block, old, 118; do. new series, 105%; ness is as follows: loans, $12,348 56; accounts Marquette, Houghton and Ontonagon, 31; do. audited, $5,319 56-making a total of $17,668 12. prel, 74; do, 68, 98; Manhattan Beach Imp. States. Population. States. Population. The report is signed by Peter Cooper, Wilson G. Co. 78, 86%; New Mexico and Southern Pacific Alabama.....1,262.794 Tennessee.... 1,542,463 Hunt, F. Tiemann, Edward Cooper, John E. Par7s, 118; New York and New England 6s, 1905, Mississippi...1,131,592 | Maryland.... 648,946 sons and Abram S. Hewitt. 106; Nashua and Rochester, 5934; Oregon R. 802,564 Texas ..1,192,575 .2,168,804 | Massachusetts. 1,783,602 At the annual election of the Pittsburg and W. and Nav., 145%; Ogdensburg and Lake Cham-California. 864,686 Virginia......1,512,800 Chicago Railway Company, held on the 10th inst., plain income, 6s, 37; do. consol. 68, 90; do. 68, Nebraska.... 452,433 Michigan.....1,627,831 the following directors were elected: Genl. James 1897, 103; Old Colony 68, 1897, 118; Pull- Colorado..... 194,649 West Virginia. 618,443 62,265 Minnesota.... 780,806 S. Negley, D. E. Culver, H. R. Low, Grinnell Burt, ...3,078 769 | Wisconsin ....1,315,480 Hon. J. S. Robinson, Hon. I. F. Mansfield, Jas, S. do. prof. 291⁄4; do. 1902, 994; do. 5s, 1899, Obio... .3.198,239 Connecticut... 622,688 Negley, jr., Gon. Saml. K. Scwenk, and W. N. 79%; Republican Valley 6s, E D., 104; do. Indiana .1,978,300 New Hampsb'e 346,984 Riddle. The officers are: Jas. 8. Negley, PresiW. D., 104%; Portsmouth, Gt. Falls, and Conway, Oregon ..1,747,672 | Delaware.. 146,654 25; do. 71, 86; Portsmouth and Dover, 1014; Pennsylvania 4,282,786 Iowa... ....1,624,620 New Jersey.. 1,130 988 dent; D. E. Culver, Vice-president; Wm. N. Rid. Florida...... 267,351 dle, Treasurer; and Jas. S. Negley, jr., Secretary. Summit Branch, 23%; Southern Kansas and Kentucky... 995,966 New York...5,088,010 Western 74, 112; Toledo, Delphos and Burlington Rhode Island 276,528 | Georgia......1,539,048 The Directors of the Pittsburgh, Newcastle and Gs, income, 45%; do. 6s, 1910, 94; Union R. W., Louisiana...1,648,708 North Carolina 1,400,000 Lake Erie Railroad Company for the year 1881 150; Vermont Central 7s, 1886, consol., 105%; Maine........ 940,103 | Vermont..... South Carolina 995,622 Kansas.... 995,966 are: Hon. John R. McPherson, Genl. James 8. Vermont Central and Vermont and Canada 85, 332,286 Negley, Hon. H. R. Low, Genl. Saml. K. Schwenk, 1889, equip., 74; Wisconsin Central, 2914; do. .49,369,595 Hon. Grinnell Burt, Wm. B. Scott, W. N. Ridille, 28 Series, 68%; Atlantic Mining, 18%; Al-Territories. Population. | Territories, Population, Hon. Charles Siedler, and Delos E. Calver. The louez, 4%; Aztec, 1%; Blue Hill, 4%; Bruns-Arizona...... 40,441 Washington... 75,120 officers are: Delos E. Culver, President; Gen. Jas. wick Antimony, 23; Catalpa, 2%; Copper Falls, New Mexico.. 118,430 | Idaho.... 82,611 8. Negley, Vice president; W. N. Riddle, Treas20,788 urer; and Jas. 8. Negley, jr., Secretary. 39,157 Arkansas. Nevada...... man Palace Car 75, 1888, 107%; Rutland, 5%; Illinois .... ..... Total States.... .. Dakota....... ...... ........ 135,180 | Wyoming.. Dist. of Col'bia 176,638 | Total Territories............ 15; Duncan, 8; Dana, 50c.; Douglas, 3; Jiah..... Baltimore-Atlanta and Charlotte Air Line, Grand total....... Interest and Dividends. The Connecticut and Passumpsic Rivers and 15; Atlantic Coal, 1,45; Baltimore City 58, 1916, Massawippi Valley Railroad Companies have de clared a dividend of 2 per cent., payable Feb. 1. diately after the return of Genl. Negley, who is Dow out on the line. At a meeting of the directors of the New York 118%; do. 58, 1894, 116; do. 6s, 1900, 123; do. Ga, 1886, new, 112; do. 6s, 1890, 118%; Chesapeake acd Obio Canal 6s, 80; North Carolina 40, 84%; Richmond and Danville bonds on the common stock and 83 50 on the preferred and New England Railroad Company on the 25th inst., the resignation of President Hart was 96- 1885, 103; Virginia 10-40 coupons, 94; Virginia stock, payable Feb. 1. are: Baltimore and Ohio, 188@-; do. 6s, 1885. Marietta and Cincinnati 1st 78, 1250126; do. West Mr. Hart's place in the Board and represents the gis, who has resigned. and B stock; and the Railway Equipment Trust State, and Mr. French succeeds Mr. James Stur mond and Danville, 89@90; Western Maryland. of Pennsylvania a quarterly dividend of 2 per cent. on series A stock-both payable at the office The Texas and Pacific Railway is completed to Abilene, Taylor County, 195 miles west of Dallas and 22 milee from Beard, the preseat operating At the annual meeting of the Woodstock terminus, Passenger trains will run to Abilene lombia and Augusta, 68, 1063@108; Chesapeake the report of the Treasurer was presented, bas been selected by cattle and railroad men as a and Tennessee 68, 102%@108; Wilmington, Co. (Vt.) Railroad Company, held on the 19th inst., by the middle of next week, it is stated. Abilene ada Obio Canal 68, 80@85; Baltimore City 68, showing the total receipts for the fiscal year site for a large and important place. It is ex1886, 112@112; do. 6s, 1890, 1180119%; do. to have been $20,687.96; the expenses, $20,679. pected that the Texas and Pacific will be finished fa, 1800, 122@-; do. 58, 1894, -@116; do, 18, and the net $8.78. The increased business to El Paso within twelve months. Showing the amount of Stock Outstanding, the Dividend Periods and the date of last Dividend. Marked thus (*) are leased roads. แ 46 44 ---- --- Central Obio* 46 66 50 Stock Last stock out- Dividend Dividend Marked thus (*) are leased out- Dividend Dividend Marked thus (*) are leased out roads. LA 110,300 -&1,000,000 J. & J. Jan J. & J. Jan. 121,000 A. & 0. Oct. 200,000 J.A.J.O Apl." 2,100,000 J.A.J.O. Apl. 400,000 A. & 0. Apl.' 2,000,000 F.M.A.NAug. 809,000 J. & J. July' 908,600 J.A. J.O. Oct. 1,068,400 J. & J. Jan. 600,000 J. & J. Jan. ' 200,000 M. & N. Nov." 500,000 A. & O. Oct. 180,000 J. & J. Jan. 1,200,000 F.M.A.N May 1,000.000 J. & J. Jan. 200,000 - & 748,000 M. & N. May" 600,000 A. & O. Apl 1,000,000 J. & J. July 600,000 J. & J. July 170,000 J. & J. July 500,000 J. & J. July" 2,050.000 J. & J. Jan. Dividend Divi Albany and Susq*. ---100 $3,500,000 J. & J. Jan. '81 3 Ashuelot... ..100 210,000 quarterly Oct. 79 1 Atch.. Top. & Santa Fe.100 10,409,300 quarterly Feb. '81 2 Atlanta and West Point.100 1,232,200 J. & J. July 80 4 Atlantic and St. Law-100 5,000,000 M. & 8. Sept.'80 8 Augusta and Savannah.100 1,022,900 J. & D. June'80 3 Avon, Geneseo & Mt. M.*100 225,000 A. & O. Jan. 78 3 Baltimore and Ohio...100 14,216,800 M. & N pref.100 4,599,578 J. & J. Jaly '80 3 Washington Br..100 1.650,000 A. & O. Berkshire law❤ ---- -----100 600,000 quarterly Apl. 80 1 Boston and Albany 100 20,000,000 M. & N Dec. '80 2 Bos., Clin., F. & N. Bed.100 1,297,600-&pref.100 1,750,100 Oct. '80 2 Agricultural Br. guar--100 60,000 J. & D. June '76 3 800,000 M. & N Nov. '80 3 Bost., Conc.& Mont. pret100 Boston and Lowell...-500 3,250,000 J. & J. Jan. 81 2 Boston and Maine.100 6,921,274 M. & N. Nov. 80 4 Boston and Providence-100 4,000,000 M & N. Nov. 30 4 131,700 J. & J. jan. '81 S Attleborough Branch.1c0 Bost., Revere B. & Lynn.100 850,000 J. & J. Jan. '81 3 950,000 J. & D Dec. '80 3 Buffalo, N. Y. and Erie-100 Burl. & Mo. Riv. in Neb.100 8,537,800 quarterly Feb. 20 2 Camden and Atlantic.. 50 877,400 quarterly Apl.'80 3/8 44 pref. 50 838,311 quarterly Apl.'80318 381,925 J. & J. Camden & Burl. Co.....100 Jan. '81 3 Or pe May and Millville 50 447,000 J & D. June '88 Catawissa- ---- ---- 50 1,159,600 October. Oct.'80 $1 64 pref. 50 2,200,000 M. & N. Nov.'80 3 2d pref.... 50 1,000,000 M. & N. Nov.'80 3 Cayuga and Susq.* 689,110 J. & J. Jan. '80 4 Cedar Rapids & Mo. R-100 6,860,400 F.M.A.N Feb. '811 pref.100 769,600 F. & A Feb. 81 8 Central of Georgia-100 7,500,000 J & D. June 80 3 Central of New Jersey-100 18,563,200 quarterly Apl. 78 24 60 2,425,000 J. & J. Jan. 81 3 50 pref... .. 400,000 J. & J an. 81 3 Central Pacific.........100 54,275,500 F. & A. Feb. 81 3 pref..100 8,146,700 100 880,000 quarterly July '80 14 N. Y., N. H. & Hartf...100 15,500,000 J. & J. July '80 5 Chemung.. Cheshire, preferred 100 2,155,300 J. & J. July '80 1 N. Y.,Provid. & Boston. 100 3,000,000 quarterly Feb. '81 2 Chicago and Alton-100 10,065,400 M. & S. Sept. 80 S Ning. Bridge & Canand 100 1,000,000 J. & J. July '80 3 pref..100 2,426,400 M. & B. Sept '80 3 North Carolina... 100 4,000,000 M. & 8. Mar. '80 8 Chicago, Burl. & Quinoy.100 31,004,456 M. & 8. Dec. '80 2 N. Eastern (8.0.) pref. 100 96,000 M. & N. Nov. '774 Chi., Clin., Dub.& Minn..... 6,166,000 A. &0. North Pennsylvania.... 60 4,527,150 quarterly Nov. '80 1 Ohicago,lowa & Nebras*100 3,916,200 J. & J. Jan. '81 4 50 5,842,000 A. & O. Jan. '81 2 Chi, M. and St. Paul..100 15,404,261 A. & Oct. 60 3 Northern N. Hampsh--100 3,068,400 J. & D. Dec. '80 3 pref.100 12 279,483 A. & O. Oct. 80 3 Northern New Jersey..100 1,000,000 J. & J. July 77 2 Chicago & N. Western-100 14,988,267 J. & D Dec. '80 3 Norwich & Worcester 100 2,604,400 J. & J. Jan. '81 5 pref.100 21,625,358 quarterly Dec. '80 1 Ogdensb, & L. Champl.*100 8,077,000 J. & J. July '16 2 Chicago, B. L. & Pacific-100 50,000,000 quarterly Feb. '81 1 prof.100 2,000,000 A. & O. Apl. '78 4 Cin., Ham, & Dayton...100 3,500,000 A. & O. Oct. '80 2 Ohio and Mississippi...100 20,000,000 quarterly 429,037 M. & N. Nov.'80 3 Cin., Sand. & Clev. pref. 50 pref.100 4,030,000 J. & D. Mar. '75 3 Clev., Col., Cin. & Ind--100 14,991,800 F. & A. Feb. '815 Old Colony 100 7,133,800 J. & J. Jan. '81 8 Oleveland & Mahoning". 50 2,057,569 M. & N. Nov. '79 4 Oregon Railway & Nav.100 4.455,0.0 quarterly Feb. 81 2 Olevoland & Pittsburg 60 11,236,150 quarterly Dec. '80 11 Oswego and Syracuse* 100 482,400 F. & A. Aug. 89 50 1,788,200 M.J.8.D Dec. '80 2 Panama........... Columbus and Xenia --100 7000,000 quarterly Feb. '81 5 Colum. & Hocking Val-100 2,500,000 F. & A. Aug.'80 4 Paterson and Hudson* 100 632,000 J & J. Jan. '81 60 1,600,000 M. & N. Nov. 80 5 Paterson and Newark*.100 Concord. 250,000 J. & J. Concord and Ports.*....100 850,000 J. & D. c. '80 34 Paterson and Ramapo*.100 248,000 J. & J. Jan. '81 4 Oonn, & Passump Riv..1 0 2,175,700 F. & A. Feb. '81 2 Pember. & Hightstown*. 50 342,150 J. & J. July 80 3 Connecticut River 100 2,100,000 J. & J. Jan. '814 Pennsylvania 50 68,870,200 M. & N. Nov. '80 4 Cumberland Valley..... 60 1,292,950 J.A.J.O. Oct. 80 2 Peoria & Bureau Val.* 100 1,200,000 F. & A. Aug.'80 4 64 1st pref.. 50 241,900 A. & O. Oct. 80 4 Philadelphia and Erie*. 50 6,004,300 J. & J. 243,000 A. & O.Oct. 80 4 2d pref... 50 pref. 50 2,400,000 J. & J. Jan. '75 4 50 600,000 quarterly Jun. '80 11 Phil., Ger. & Norristwn 50 1,626,250 M.J. 8.D. Dec. 80 8 Danbury and Norwalk Dayton & Michigan*... 50 2,401,528 A. & O. Oct. '80 11 Philadelphia & Reading 50 32,726,375 quarterly Jan. 276 2 pref. 60 1,211,260 quarterly July 80 2 pref. 50 1,551,800 quarterly July '76 3 1,230,950 J. & J. July 80 3 Phila, and Trenton....100 1,259,100 quarterly Jan. '81 2 Del. & Bound Brook*...100 1,584,400 quarterly Nov. 80 11 Phila., Wil. & Balt... 50 11,572,700 J. & J. Jan. '14 Del., Lackaw. & Westn. 60 26,200,000 quarterly Jan. 811 Pittsb., Ft. W. & Chi..100 19,714,285 quarterly Jan. 181 it Detroit, Lans. & Nor...100 1,874,000 F. & A. Aug.'80 2 Special Imp-100 5,504,300 quarterly Jan. '1 1 pref. 10 2,503,300 F. & A.Aug.'80 3 Pittsfield & N. Adams.-100 450,000 J. & J. Jan. 80 2 Dubuque & Sioux City*100 6,000,000 A. & O. Oct. '80 Porti., Saco & Portsm..100 1,500,000 J. & J. July 80 3 50 1,309,200 J. & J. Jan 81 3 East Pennsylvania* Annual. Nov. '80 8 50 392,950 J. & J. Jan. 81 3 Providence & Worces..100 2,000,000 J. & J. Jan. 81 3 East Mahanoy Oct. '80 3 East Tenn., Va. & Ga... 100 1,968,274 Republican Valley......100 853.000 quarterly Feb. '80 2 Eastern (Mass.)-------100 4,997,600 J. & J. July 173 3 Rensselaer & Saratoga *100 6,000,000 J. & J. Jan. '81 4 492,500 J. & D. Dec. '80 23 Rhode Island & Mass..100 Kastern (N. H.) -------- 100 175,575 & Jan. '81 3 ...100 3,000,000 -&- Dec. '80 Richmond & Petersb....100 1,008,600 J. & J. Jan. '81 3 Eel River..... 600,000 Sept. Sept.'80 5 Roch. & Genesee Val.*.110 Kimira, Jef. & Canand.00 555,200 J. & J. Jan. '79 S 500,000 M. & N. Nov. '80 24 Rome, Watert. and Ogd-100 2,998,900 J. & J. July '75 8 Elmira & Williamsport 50 16 pref. 50 500,000 J. & J. Jan. 81 3 Rutland preferred. 100 4,168,700 F. & A. Feb. '75 348 Erie and Pittsburg*. 50 1,090,250 quarterly Sept.'80 11 8. L., Alt. & T. Haute-100 2,300,000 - & -Pitchburg-------------100 4,500,000 J. and J. Jan. 81 3 pret.100 2.463,400 F. & A. Feb. '78 2 600,000 Frankfort and Kokomo.100 Oct. 179 1 St. L., I. Mt. & South'n. 100 14,248,950 F. & A. Feb. '74 3 Georgia 100 4.200,000 J. and J Jan. '81 3 Salem and Lowell.......100 2,433 shs M. & 8. Bep.'78 50c Hannibal & St. Jo. pref..100 5,183,024 F. & A. Feb. '81 3 Schuylkill Valley 576,050 J. & J. Jan. '81 2 Harrisburg & Lancaster 50 1,182,500 T. & J. July 180 Seaboard and Roanoke-100 1,151,400 M. & N. Nov.'80 4 housatonic, prof. 100 1,180,000 quarterly Jan. '81 2 Shamokin V. & Pottav. 50 869,450 F. & A. Aug.'80 8 Mar. 1 3 Shore Line*.— nois Central.....100 20,000,000 M. & 8. 100 995,800 J. & J.July '80 4 Lowa Falls& Sioux City*100 Sioux C. & Pacific pref..100 169,000 A. & O. Oct. '80 3 Lowa Railroad Land Co 100 South Branch (N. J.)*--100 438,300 J. & J. July '79 3 To. 8o. & Mo. Northern. 25 South Western, (Ga.) 100 8,892,300 J. & D. Jure'79 3 Joffersony., Mad. & Ind.100 Stockbridge and Pitts.*-100 448,700 J. & J. July 79 3 Joliet and Ohicago....100 Summit Branch. 50 4,125,000 F. & A. Feb. 76 3 Ken. City, Top. & West.100 Syr., Bingham. & N.Y. 100 2,004,000 J. & D. Feb. '80 2 Kentucky Central......1.0 Terre Haute & Ir diana 100 1,988,150 F. & A. Feb. '81 4 66 pref.100 Troy and Boston.....100 1,609,000 F. & A. Feb. '80 2 Shore & Mich. 90..100 Union Pacific .......100 38,745,000 quarterly Jan. '81 1 Lakko 1 (gtar.).100 United Cos. of N. J...100 20,490,400 quarterly Jan. '81 2 vrince*. ---a Que's sense 50 Utica, Jhenango & 3. V.100 4,000,000 M. & N. May '80 3 Lobl ̧n Valley Utica and Black River..100 1,666,000 J. & J. Mar. '79 2 pref. 50 Formont and MAR100 3.050.000 A.&O. Oct. '80 3 Wab., St. L. & Paciffe...100 20,000,000 475,000 J. & J. Jan. '8 200,000 J & J. July 284,775 J. & J. Jan. ' 200,000 quarterly Apl '7 750,000 A. & O. Apl. 1,199,500 J.A. J.O. Apl. 7 962,100 quarterly Jan. '7 500,000 J. & J. Jan. '7 750,000 M. & N. Nov. '? 113,000 M. & N. Nov. 8 00,000 J. & J. Jan. '8) 2,000,000 F.M.A.Nov. '8 1,000,000 J. & J. Jan. ' 600,000 J, & J. Jan. ' 874,500 J. & J. Jan. '8 400,000 J. & J. July ' 400,000 J. & J.July '7 MISCELLANEOUS, |