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THE following table shows the rate per cent. of annual income to be realized from
stocks or bonds bearing any given rate of yearly dividends or interest, from 1 to
15 per cent., when purchased at various prices from 10 to 300 per cent.

For example: To ascertain what rate of annual interest will be realized on a bond
or stock which bears 7 per cent per annum and can be purchased at 92 (ie., at 92
per cent of its par value, whatever the par may be), find 92 in the column of "pur-
chase price" and follow that line across to the column headed,,7 per cent," which
will show the correct figure-in the present instance, 7.60 per cent.

4 per 4 per 5 per 6 per 7 per 8 per 9 per 10 per 12 per 15 per

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Price.

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4 per 4 per 5 per 6 per 7 per 8 per 9 per 10 per 12 per 15 per

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Price.

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INDEX.

Abuses see under Blackmail, Capita-

lisation, Discrimination, Water, etc.
Adams, C. F., quoted, 122.
Adirondack Mountains; see Map 2.
Advertising 5, 95, 104, 105, 497, 550.
Agencies, Freight and passenger, 6.
Agents, 6, 95, 96.

Akron and Chicago Junction RR., 288.
Alabama, 717.

Alabama Great Southern Ry. (Map5.)789.
Alabama, New Orleans and Texas Pa-
cific RR. (Map 5.) 789-90.
Alabama Midland RR., 789.

Alabama and Vicksburg, RR., 791.
Albany, N.Y., 186, 197.

Alexander, General, quoted, 24.

Alleghany Mountains. 244.

Allegheny Valley R.R., 258.

Altoona, Pa. 213.

Amalgamation 65, 66; see also under

Consolidation.

Americanisms, 106.
Arizona, 618.

Arkansas, 548.

Asheville, N. C., 717.
Atchison, Kan., 547.

Atchison, Topeka and Santa Fé RR.

(Map 4) scrip dividend, 129: in North-
western traffic, 537; in Southwestern
traffic, 551; history,558-573; descrip-
tion, 560-562; component parts,
564; reorganisation, 566 et seq.; con-
version of Incomes, 570 et seq.;
Tables. 574-9-780.

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459, 525-529.

Canada Southern RR, (Michigan Cen-
tral) 399.

Cape Fear and Yadkin Valley RR.;
(Map 5). 791.

Capital invested in RR, 16, note.
Capitalisation 123-125, see also Bonds
Shares and Water.

Carolina Central RR., (Map. 5). 791.
Cars, Railway, in U. S. and England
compared, 120-121.

Car Trust Certificates, 147.

Catskill Mountains, 197, 348.

Cattle Traffic, apportionment of, in the
Northwest, 461.

Central Branch Union Pacific 592.
Central Georgia RR., 748.
Central Ohio RR. (Map 3) 286.

Central RR. and Bank. Co. of Georgia,
(Map 5). 785-7

Central Pacific RR. (Map 4) swindles
in connection with, 126; engineering
difficulties, 623. Government sup-
port, 627, history, 701-5, component
parts, 705, debt to Government
708-13, tables und statistics, 706-8
Central RR. of New Jersey,

394-298.

(Map 2)

Cental States (Map 3) Characteristics

of 375, et seq., railways in, ib.

Central Vermont RR. (Map 2) 363.
Charleston, S. C. 717.

Charleston, Cincinnati and Chicago
ᎡᎡ. 791.

Charleston, and Savannah RR. 791.
Charleston, Sumter and Northern RR.
791.

Charlotte, N. C. 717.
Chattanooga, Tenn., 716.
Chesapeake and Ohio RR. (Map 5)history,
764-5, 796; component parts, 766;
description, 766-9: tables, 769-72;
present position 771-3.
Chesapeake and Ohio Southwestern RR.
(Map 5) 765, 791-2.

Chicago, Ill., Statistics relating to 383,
461, 462, description 446 et seq.
Chicago and Alton RR. (Man 4) history,
515; component parts, 515; statistics
and tables, 516-17.

Chicago Burlington & Northern RR.,
501.

Chicago, Burlington & Quincy RR.
(Map 4) scrip dividend. 129; history,
494; component parts, 495; descrip-
tion 496-7; statistics and tables
497-501.

Chicago and Eastern Illinois RR.
(Map 3) 539.

Chicago and Erie RR., 216, 433.

Chicago and Grand Trunk RR. (Map 3)
436.

Chicago Great Western RR., (Map 4) 533.
800-801.

Chicago, Milwaukee and St. Paul RR.

(Map 4) decline in ates on, 92;
history, 463; component parts, 464;
description, 465 et seq.: finances 470;
tables and statistics 472-476.
Chicago and Northwestern RR. (Map 4)
Description, 478, 481; history, 479-
481; finances and statistics 483-487;
intimate relations with Union Pa-
cific, 496.

Chicago, Peoria and St. Louis RR.
(Map 4) 540.

Chicago, Rock Island and Pacific RR.

(Map 4) history, 518-20; component
parts. 520-21; description, 522;
statistics and tables 524-526.
Chicago, St. Paul and Kansas City R.R.
see Chicago Great Western.
Chicago, St. Paul Minneapolis and

Omaha RR. (Ch. & N.W.) 488, etc.
Chicago and Western Indiana RR., 539.
Chicago and Western Michigan RR., 540.
Cincinnati, O., 376.

Cincinnati, Hamilton & Dayton RR,
(Map 3) 411, 441.
Classes in trains, 107.
Cleveland, O., 376, 386.

Cleveland Akron & Columbus RR., 439.
Cleveland and Canton RR., 439.
Cleveland, Cincinnati, Chicago & St.

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Louis RR. (Maps 1 and 3) compo-
nent parts, 403; tables and statistics,
405, 407-9; history, 404; connections,
406; prospects, 410. 801-802.
Cleveland. Lorrain & Wheeling R.R., 439.
Cleveland and Mahoning Valley R.R. 439.
Cleveland and Marietta R.R., 439.
Cleveland and Pittsburgh R.R, 259.
Coalfields in Pennsylvania 289-91; in

Missouri 545; in Illinois 444, 545;
in Colorado 618; in New-Mexico
618; in Alabama 717; in Virginia
and Kentucky 715-16.

Coal roads 189-91; 289-306.
Coal traffic, Eastern, 190, 290. North-
western 462; on N. & W. 755.
Collateral Trust bonds, 104.
Colorado 617.

Colorado Midland RR. 587-9,

Columbia, S. C., 717.

Columbus, Ga, 717.

Columbus, O., 376, 439.

Columbus and Cincinnati RR, 256.
Columbus, Hocking Valley and Toledo
RR., 440.

Columbus, Shawnee and Hocking 440.
Commercial and Financial Chronicle, quoted
from ix.

Comparisons between American and

other railroads 4-5, 18-19, 120-121.
Competition, Intensity of 5, 35. discus-
sed 53-63, examples of 54, 452,
causes, 56, consequenses, 56, and
investors 57, bearing upon rates
57, 58,- of water routes, see water
routes, in the Northwest, 459.
Concord and Montreal RR., 347. 802.
Confluence and Oakland RR., 286.
Consolidated mortgage Bonds 146..
Consolidation 63, tendency of the age

towards, 65, instances of 65. causes
67, four methods of effecting con-
solidations, 69. results in economy
73, causes harmony, 73. its effects
upon investors, 74, objections to
consolidation, 75.

Construction 21, 21 note, swindles and

frauds in connection with 126, 664,
703 effects of, 161, its necessity 445.
Control trough_ownership, 69, through
leases 70, 71, through agreements
and associations, 72,
Corruption by Railroads, 41.

Cost of transportation, decline in, de
monstrated, 118-19.

Cotton in the U. S., 719, 721, 725.
Cow catcher, 122.

Cook, W. W., quoted. 20, 27,
Crops, Northwestern, 446.
Crossings, level, 122.
Cullom Committee, 43.
Cumberland Valley RR., 259.

Dallas, Tex., 549.
Debentures, 148.

Delaware and Hudson RR. and Canal
Co. 302-304.

Delaware, Lackawanna and Western
RR, 292-294.

Density of railroad system in England,
53, in U. S., 53, in the Northwest, 452.
Denver, Colo., 617-18,
Denver & Rio Grande (Map 4) engineer-

ing difficulties, 623, history, 674-78,
description, 678-683, position, 682,
tables and statistics, 684-6
Depew, Chauncey M., 185, 209, 722.
Des Moines, Ia., 451.

Detroit, Mich., 377, 441.

Detroit, Lansing and Northern RR, 441.
Differences between English and Ame-
rican RR., 5.

Differential rates, see under discrimi-
nation.

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in, 183 et seq.

Economy, necessity of further, 103-104.
Elmira, N.Y., 215.

Ely, Prof. T. R., on discrimination, 23, 26.
English Association of American Bond
and Shareholders, 144.

Equipment Bonds, 147.
Erie Canal, 17, 19, 189, 269.
Erie Railroad, planned early, 17; scrip

dividend, 129; history 211, 221 et seq.;
component parts, 212; description
213-16; condition 217; tables and
statistics 218-21 and 229-33; finan-
cial prospects 226-28; in Central
States 379; relations with N.Y., Pa.,
and O. RR. 420-22; with Ch. &
Erie, 433. 805
Evansville, Ind. 376.

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(Map 5.) 792.

George, Henry, quoted, 21.
Georgia, 717.

Georgia, Carolina and Northern RR.,
792.

Georgia Southern and Florida RR.. 792.
Georgia Pacific RR., (Map 5.) 775, 780.
Georgia Southern and Florida RR.
Gould, Jason, 223, 503; Gould systems
551-2, 594.

Grain, production in the Northwest 446;
apportionment of - traffic, 461.
Grand Rapids, Mich., 377.

Grand Rapids & Indiana RR. (Penn-
sylvania RR.) 266.

Grangers, opposition of, to railroads, 39.
Great Northern R.R., 537; (Map 4) his-

tory, 653-8, 660-61; description,
660; component parts, 660; tables
and statistics, 658-663.

Grievances against railroads, 38 et seq
Growth of American KR. system 21-22
Gulf, Colorado and Santa Fe RR., 550

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