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this list or an item on SALE!

ITEM ------------------------DESCRIPTION----------------------- PRICE
41620. Illinois Central Rail-Road Company. No vignette.         NEW! <
 Subscription receipt for bonds to be issued by the company.
 Unissued but dated 1852. Cancelled............................. 7.00
                          Wholesale offer -- 2 or more for 5.00 each.

41660. Illinois Central Rail Road Co. Map of the midwest showing
 company's routes. 1901. Stub remnant at left.................. 49.00
                                 Wholesale offer -- 2 for 39.00 each.

41680. Illinois Central Rail Road. Transitu certificate.  Enabled 
 an owner to transfer recording office for his stock certificates
 from New York to Chicago.  Unissued. Dated 188_................ 7.00
                             Wholesale offer -- 2 to 5 for 5.00 each.

R3700. Illinois Central Railroad Company. Illinois. Diesel
 and steam locomotives flanked by two men. 1960s.
 Orange or brown............................................... 10.00
                 Special offer -- 1 to 5 sets of 2 for 16.00 per set.

41720. Illinois Central Railroad Company. Illinois. Small diesel
 and steam locomotives flanked by two men. Specimen............ 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

41770. Illinois Traction Company. No vignette.                  NEW! <
 Maine. 1909.................................................... 3.00
                          Wholesale offer -- 2 or more for 2.25 each.

41780. Illinois Traction Company. Lady holding a light and seated
 on winged wheel. Maine. 1920s................................. 10.00
                                  Wholesale offer -- 2 for 8.00 each.

41785. Imboden and Odell Railroad Company. Eagle.
 West Virginia. Unissued but dated 190_. Cancelled............. 49.00

41850. Indiana and Lake Michigan Railway Company. Train
 leaving terminal. Indiana. Unissued but dated 18__............ 29.00
                                  Wolesale offer -- 2 for 24.00 each.

41881. Indiana Harbor Belt Railroad. Smoking engine pulling     NEW! <
 passenger train. 1920s. Signed by William K. Vanderbilt, Jr.
 Horizontal format gold bond................................... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

41892. Indiana, Illinois and Iowa Railroad Company. Smoking
 engine in train yard, hopper car. 1900. 
 Vertical format bond.......................................... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

41900. Indiana, Illinois and Iowa Railroad Company. Passenger
 train at station. Unissued but dated 190_..................... 29.00
                                 Wholesale offer -- 2 for 24.00 each.

41910. Indiana, Illinois and Iowa Railroad Company. Train at
 upper left. Illinois and Indiana. Unissued.................... 29.00

R3830. Indiana Northwestern Traction Company. Street railway
 car. Indiana. 1910. Signed by officers but not by trustee.
 Uncancelled. Vertical format bond. Paper is brittle and
 should not be folded.......................................... 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

41920. Indiana Railways and Light Company. Logo with fancy
 arched rendering of name.
 Indiana. Unissued. Incorporated 1912.......................... 20.00

41930. Indianapolis & Cincinnati Rail Road Co. Smoking funnel   NEW! <
 stack pulling passenger train. Lady, man to either side.
 Indiana. Unissued. Dated 18__. Cancelled...................... 15.00
                         Wholesale offer -- 2 or more for 12.00 each.

41940. Indianapolis & Greenfield Rapid Transit Co. Lady wearing
 liberty cap. Small train on bridge at bottom.
 Indiana. Unissued............................................. 10.00
                                  Wholesale offer -- 2 for 8.00 each.

41950. Indianapolis and Louisville Traction Railway Company.
 Nice depiction of a trolley car. Indiana. 1922................ 49.00
                         Wholesale offer -- 2 or more for 39.00 each.

41960. Indianapolis and Louisville Traction Railway Company. Nice
 depiction of a trolley car. Indiana. Unis. 191_ on reverse.... 20.00
                                 Wholesale offer -- 2 for 16.00 each.

41980. Indianapolis and Martinsville Traction Railway Co. Another
 nice trolley car. Indiana. Unissued, 190_ on reverse.......... 20.00
                                 Wholesale offer -- 2 for 15.00 each.

42000. Indianapolis and Northwestern Traction Co. Dynamo,
 two ladies, two small trolley cars. Unissued but dated 190_... 12.00
                                  Wholesale offer -- 2 for 9.00 each.

42003. Indianapolis & St. Louis Railway Company. Smoking
 high stack engine. Indiana. Unissued, dated 18__.............. 15.00
                         Wholesale offer -- 2 or more for 12.00 each.

42005. Indianapolis, Cincinnati and Lafayette Rail Road Co.
 Smoking funnel stack locomotive pulling passenger train.
 Indiana. Unissued but dated 18__.............................. 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

R3860. Indianapolis, Cincinnati and Lafayette Railroad
 Company. Steam engine pulling train with boys at trackside
 waving. Eagle at bottom. Indiana. Unissued but dated 187_..... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

42035. Indianapolis Southern Railway. Passenger train at
 station. Indiana. 1902. Inked cancellation runs into vignette, 49.00
                         Wholesale offer -- 2 or more for 39.00 each.

42040. Indianapolis Southern Railway. Passenger train at station.
 Indiana. Unissued but dated 190_.............................. 20.00
                                 Wholesale offer -- 2 for 16.00 each.

R3880. Indianapolis Stockyards Company, Incorporated. Eagle
 on mountain. Formerly Belt Rail Road and Stock Yards Company.
 Indiana. 1960s. Green or blue.................................. 7.00
                                 Special offer -- Set of 2 for 10.00.

42070. Indianapolis Union Railway Company. Trains in yard
 with track workers. Indiana. 1922. Specimen.
 Vertical format bond......................................... 149.00

42235. Inter-State Car Trust Equipment Company. Large size      NEW! <
 horizontal format certificate with nice vignette of an
 electric street railway car.
 Indiana. Issued. 1920s. Blue or orange........................ 29.00
                                 Special offer -- Set of 2 for 48.00.

42240. Inter-State Car Trust Equipmet Co. Large size horizontal
 format certificate with nice vignette of an electric street railway
 car. Indiana. Unissued. Incorporated 1920..................... 15.00
                                 Wholesale offer -- 2 for 12.00 each.

42380. International and Great Northern Rail Road Co. Four      NEW! <
 vignettes showing train at station, cowboy herding steers,
 men unloading cotton bale and men carrying grain.
 Texas. 1871. Unissued. Horizontal format bond................ 249.00

42400. International & Great Northern Railroad Co. Cowboy
 lassoing steer. Texas. Unissued but dated 188_................ 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

42450. International Electric Traction Company. Lady with
 liberty cap. Eagle's head at bottom.
 West Virginia. 1900. Uncancelled.............................. 29.00
                                 Wholesale offer -- 2 for 24.00 each.

42455. International-Great Northern Railroad Company.           NEW! <
 Passenger train with smoking steam engine. 1920s.
 Horizontal format bond........................................ 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

42510. International Railroad Company. Smoking train at
 station. Three additional vignettes show cowboys, farmers.
 Texas. 1871. Unissued. Horizontal format bond................ 249.00

42513. International Railway-Tie Co Pictures a railway          NEW! <
 tie, the company's product. Green background with gold
 border. New York. Unissued. 188_.............................. 10.00
                          Wholesale offer -- 2 or more for 8.00 each.

42515. International Railways of Central America. Train,
 oxcarts, men on horses with sombreros. New Jersey. 1940s...... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

42600. International Traction Company. No vignette.
 New Jersey. 1916. Gold note................................... 10.00

R3900. Iowa Central Air Line Rail-Road Co. Smoking funnel
 stack pulling passenger train. Iowa. Unissued but dated 185_.. 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

42720. Iowa Falls and Sioux City Rail Road Company. Steam
 engine near factory. Iowa. Unissued but dated 18__............ 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

R3910. Iowa Falls and Sioux City Rail Road Company. Steam       NEW! <
 train passing train of covered wagons at left, cavorting
 horses at right. Unissued but dated 18__...................... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

42793. Iowa Southern & Missouri Northern Railroad Company.
 Smoking engine pulling train. Unissued but dated 187_ on back. 29.00

42800. Ironton Rail Road Company. Train passing factories at
 top, miners at bottom, two portraits at sides.
 Philadelphia, Pennsylvania. Unissued, dated 18__.............. 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

R3920. Jamestown, Franklin and Clearfield Railroad Company.
 Bare breasted ladies, man. Pennsylvania. 1909.
 Vertical format bond. Many cancellation holes,
 some through vignette.......................................... 5.00
                            Wholesale offer -- 3 to 25 for 3.00 each.

42880. Jamestown, Franklin and Clearfield Railroad Company. Bare
 breasted ladies, man. Pennsylvania. 1920s.
 Horizontal format bond........................................ 20.00
                                 Wholesale offer -- 2 for 16.00 each.

42885. Jamestown, Westfield and Northwestern Railroad Company.
 Electrified trolley with pedestrians in turn of the century
 dress. New York. Unissued..................................... 29.00

R3930. Jeffersonville Rail Road Co., Office of. No vignette.
 Early issued and cancelled certificate dated 1849.
 Jeffersonville, Indiana....................................... 10.00
                             Wholesale offer -- 2 to 5 for 8.00 each.

42917. Jenkintowm Electric Railway Company. No vignette.
 Jenkintown, Pennsylvania. Unissued but dated 189_............. 15.00

42940. Jersey Shore, Pine Creek and Buffalo Railway Company.
 Coal loading and storage operation with small train, barges.
 Pennsylvania. 1882. Unissued, cancelled.
 Horizontal format bond........................................ 29.00

42980. Joanna Coal Company. Mine exterior and two interior
 mining views. Brownsville, Pennsylvania. 1923. Uncancelled.... 50.00

43005. Johnstown Traction Company. No vignette. Certificate
 of deposit for the company's gold bonds. 1933. Stamped with
 notice of acceptance of the company's reorganization plan.
 Uncancelled................................................... 20.00

43010. Joliet and Chicago Railroad Company. Side view of old
 locomotive with funnel stack. Illinois. 1882.................. 49.00

43020. Joliet and Chicago Railroad Company. Side view of old    NEW! <
 locomotive with funnel stack. Illinois. 1930s................. 29.00

R3937. Joliet and Chicago Railroad Company. Side view of old
 locomotive with funnel stack. Illinois. Unissued, cancelled... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

43070. Junction Rail Road Company. Passenger train drawn
 by smoking funnel stack passing under bridge.
 Ohio. Unissued but dated 18__. Upper right corner torn off.... 15.00

43083. Kanawha & Michigan Railway Company. Indian at upper
 left, passenger trains at bottom. Vertical format gold bond
 with coupons. 1890............................................ 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

R3940. Kanawha & Michigan Railway Company. Two steam
 passenger trains passing under bridge.
 Ohio and West Virginia. Unissued. Cancelled.
 Brown or green................................................ 20.00
                                 Special offer -- Set of 2 for 32.00.

43090. Kanawha & West Virginia Railroad Company. Switching
 engine and coal cars in train yard beside factory complex.
 West Virginia. Unissued....................................... 29.00

43100. Kanawha Bridge and Terminal Company. Passenger train     NEW! <
 crossing bridge. West Virginia. 1908.
 Vertical format bond.......................................... 49.00

R3942. Kansas City and Olathe Electric Railway Company.
 Electrified trolley with company name.
 Kansas. 1903. Uncancelled. Vertical format bond............... 75.00
                         Wholesale offer -- 2 or more for 59.00 each.

43110. Kansas City and Topeka Railway Company. Smoking
 locomotive at left. Kansas. Unissued but dated 18__........... 29.00
                                 Wholesale offer -- 2 for 24.00 each.

R3950. Kansas City, Fort Scott and Memphis Railway Company. Two
 men turning steam engine on turntable in roundhouse. Kansas.
 Unissued but date 190_........................................ 20.00
                            Wholesale offer -- 2 to 5 for 16.00 each.

43150. Kansas City, Mexico & Orient Railway Company. Smoking
 locomotive pulling passenger train. 1910...................... 49.00
                         Wholesale offer -- 2 or more for 39.00 each.

R3953. Kansas City Railways Company. Trolley with people,
 carriage, automobile. 1910s. Stub remnant at left............. 15.00
                         Wholesale offer -- 2 or more for 12.00 each.

43160. Kansas City, St. Louis and Chicago Railroad Company.     NEW! <
 Freight train passing farmers loading hay on a wagon.
 Missouri. Unissued but dated 18__............................. 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

R3967. Kansas City, St. Louis and Chicago Railroad Company.
 Smoking funnel stack at busy station. 1920s................... 29.00
                         Wholesale offer -- 2 or more for 24.00 each.

43170. Kansas City, St. Louis and Chicago Railroad Company.
 Nineteenth century train passing by farm with farmers cutting
 and loading wheat onto a wagon. Missouri. 1940s............... 49.00
                                 Wholesale offer -- 2 for 39.00 each.

43220. Kentucky Western Railway Company. Passenger train leaving
 tunnel. Kentucky. Unissued.................................... 20.00
                                 Wholesale offer -- 2 for 16.00 each.

43260. Keokuk and Des Moines Railway Company. Vignette at
 upper left shows workers building railroad with Indians and
 surveyors, several trains, city, bridge and ships. Train at
 bottom. Iowa. 1904............................................ 49.00
                         Wholesale offer -- 2 or more for 39.00 each.

43262. Keokuk and Des Moines Railway Company. Vignette at
 upper left shows workers building railroad with Indians and
 surveyors, several trains, city, bridge and ships. Train at
 bottom. Iowa. Unissued but dated 18__......................... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

43268. Keokuk and Des Moines Railway Company. Vignette at
 center shows workers building railroad with Indians and
 surveyors, several trains, city, bridge and ships. Eagle at
 bottom. Iowa. 1900. Pink or white paper....................... 29.00

43270. Keokuk and Des Moines Railway Company. Vignette at
 center shows workers building railroad with Indians and
 surveyors, several trains, city, bridge and ships. Eagle at
 bottom. Iowa. Unissued but dated 18__......................... 29.00

43575. Knox and Lincoln Railroad Company. Smoking funnel
 stack locomotive pulling train. Unissued but dated 187_.
 Form transferring ownership of shares......................... 15.00
                                 Wholesale offer -- 2 for 12.00 each.

43740. Lake Erie and Pittsburg Railway Company. Train leaving
 tunnel. Ohio. Unissued but dated 190_......................... 20.00
                                 Wholesale offer -- 2 for 16.00 each.

43760. Lake Erie and Pittsburg Railway Company. No vignette.
 Ohio. 1922. Temporary horizontal format gold bond.............. 5.00
                          Wholesale offer -- 2 or more for 4.00 each.

43770. Lake Erie, Franklin & Clarion Railroad Company. Two
 steam engines passing. Pennsylvania. 1970s.................... 29.00

43775. Lake Erie, Franklin & Clarion Railroad Company. Two
 steam engines passing. Pennsylvania. Unissued................. 20.00

43800. Lake Huron and Nortern Ontario Railway Company. Globe
 flanked by train and ship. Ontario, Canada. Unissued.......... 29.00

43820. Lake Shore and Michigan Southern Railway Company.
 Ship and train at dockside. 1903. Vertical format gold bond... 30.00
                                 Wholesale offer -- 2 for 24.00 each.

43830. Lake Shore and Michigan Southern Railway Company.
 No vignette. Gold note. Unissued but dated 190_. Cancelled.
 Blue or purple................................................. 7.00
                                 Special offer -- Set of 2 for 10.00.

R3977. Lake Shore and Michigan Southern Railway Company.
 Two trains exiting building beside harbor with ships.
 1930s. Horizontal format bond.
 Green, grey, purple or orange.........(Set of 4 for 64.00).... 20.00
                       Wholesale (Green) -- 2 or more for 16.00 each.

R3962. Lake Shore and Michigan Southern Railway Company.
 Passenger train at station with two men, at top. At bottom,
 oncoming steam engine. 1920s. Horizontal format bond.
 Red brown, green or grey.........(Set of 3 for 24.00)......... 10.00
                          Wholesale offer -- 2 or more for 8.00 each.

43835. Lake Shore and Michigan Southern Railway Company.
 Passenger train at station with two men, at top. At bottom,
 oncoming steam engine. 1920s. Horizontal format bond.
 Unissued. Cancelled........................................... 15.00

43840. Lake Shore and Michigan Southern Railway Company.
 Passenger train at station with two men, at top. At bottom,
 oncoming steam engine. Specimen. Horizontal format bond....... 75.00

R3970. Lake Shore and Michigan Southern Railway Company.
 Portrait of William K. Vanderbilt at top. Passenger train at
 crossing with horse drawn carts at bottom. 1940s. Horizontal
 format bond. Grey, red, brown or green..(Set of 4 for 32.00).. 10.00
                    Wholesale (Grey only) -- 3 or more for 6.00 each.

R3978. Lake Shore and Michigan Southern Railway Company.
 Man's head. 1975. Vertical format bond......................... 7.00
                          Wholesale offer -- 2 or more for 5.00 each.

43990. Lancaster and Reading Narrow Gauge R. R. Co.,            NEW! <
 Quarryville Section. State seal showing horses. Lancaster,
 Pennsylvania. Incorporated 1871. Unissued. 18__............... 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

44135. Lawrence Rail Road Company. Three vignettes, one
 showing smoking train, one is the state seal of Pennsylvania.
 Pittsburgh, Pennsylvania. 1875. Stub remnant or glue residue
 at left....................................................... 75.00
                         Wholesale offer -- 2 or more for 59.00 each.

44140. Lawrence Rail Road Co. Four vignettes, two showing       NEW! <
 smoking trains, one is the state seal of Pennsylvania.
 Unissued but cancelled with two vertical rows of holes,
 one row affecting vignette. Dated 188_........................ 20.00
                         Wholesale offer -- 2 or more for 16.00 each.

44145. Lawrenceburgh & Indianapolis Rail-Road Company.
 Stage coach drawn by 1830s style steam engine.
 Unissued but dated 18__. Fresh and crisp..................... 199.00
 Discoloration due to moisture................................. 99.00

44153. Leavenworth Depot and Railroad Company. Smoking high     NEW! <
 stack pulling passenger train through the countryside.
 Kansas. 1892. Vertical format bond............................ 99.00

44155. Lebanon Springs Rail Road Company. Smoking funnel
 stack pulling passenger train. New York. 1867................ 150.00

44156. Lebanon Springs Railroad Company. Smoking funnel stack   NEW! <
 engine pulling passenger train past town.
 Albany, New York. 1881. Vertical format bond.................. 75.00

R4015. Lehigh & Hudson River Railroad Company. Smoking steam
 engine. Belvidere, New Jersey. Unissued but dated 18__........ 29.00
                         Wholesale offer -- 2 or more for 24.00 each.


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