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FAYETTE COUNTY RAILROAD.

(Leased for 99 years from Nov. 1, 1861, to Pittsburg and Connellsville Company.)

Line of Road.-Uniontown, Pa., to Connellsville, Pa.....
Sidings, etc., 0.38 mile. Gauge, 4 feet 84 inches. Rail, 43 lbs. to yard.

.12.66 miles.

Operations for year ending October 31, 1869.-Included in returns of lessees. Dividends March and September, each $1 90 per share, $8,162 40; taxes, $794 80; surplus, $60 59-total, $9,017 79.

General Balances.-Capital stock, 2,148 shares, $107,400; paid in, about $90,000. Cost of road, $130,000.

Directors.-N. Ewing, Armstrong Hadden, S. A. Gilmore, William H. Bailey, Ewing Brownfield, John Huston and Eleazer Robinson, Uniontown, Pa.

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GRENADA, HOUSTON AND EASTERN RR. (Projected).

Line of Road.-Grenada (Miss. Cent. RR.) to Alabama State Line....100 miles. [The Company expect to have that part of their line between Grenada and Okalona, 65 miles, in operation in eighteen months.]

Directors (elected January 24, 1870).-W. F. Tuesler, Simon Myers and J. Bretney, Okalona, Miss.; T. N. Martin and B. McFarland, Houston, Miss.; J. T. Griffin, Houlka, Miss.; T. T. Enoch and A. Woodward, Benela, Miss.; Hoke and H. C.

Dulaney, Pittsboro', Miss.; J. M. Hampton, Big Creek, Miss.; L. C. Lee, Graysport Miss.; and John Powell, Grenada, Miss.

W. F. TUESLER-President..

T. T. Enoch-Vice-President...

Treasurer-B. Murray.....

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.Houston, Miss. | Secretary-T. L. Beadle..... .Big Creek, Miss.
..Okalona, Chickasaw Co., Miss.

PRINCIPAL OFFICE AND ADDRESS.......

BRUNSWICK AND ALBANY RAILROAD (in Progress).

Line of Road.-Brunswick, Ga., via Albany, Ga., to Eufaula, Ala...........235 miles. [This road was in operation between Brunswick and Tabeauville, 58 miles, under the name of the Brunswick and Florida Railroad, up to the fall of 1863, when the Confederate Government seized it under the Impressment Act, tore up the rails and distributed the property of the Company to other railroads which were leading military lines. Nothing was done toward the restoration of the road until 1869, when the present Company, consisting of the original bondholders, was formed. The whole line is now under contract to be completed by October, 1870.]

Financial Basis.-Capital stock authorized (common, $2,548,000; and preferred,

7 per cent., $2,350,000), $4,898,000; and funded debt authorized (1st mortgage guaranteed 6 per cent. gold bonds, free of U. S. taxes, $3,525,000; and 2d mortgage sinking find 7 per cent. currency bon ls, $2,350,000), $5,875,000....... Total, $10,773,000.

The first bonds have forty years to run, from October 1, 1859, and interest is paid at the office of the Farmers' Loan and Trust Company, in New York, on the 1st of October and April. The second bonds have a sinking fund and have twenty-five years to run, interest being payable at the same place and periods.

Directors.-Charles L. Frost, P. J. Avery, Henry Clews, James B. Taylor, Henry S. Wells and J. Edwin Conant.

CHARLES L. FROST-President......

Treasurer-Henry Clews.
Secretary-Henry C. Matteson...

New York City.

.New York City. | Chief Engr.-Chas. L. Schlatter... Brunswick, Ga.
Fiscal Agent-Henry Clews & Co.. New York City.

PRINCIPAL OFFICE AND ADDRESS... (No. 167 Broadway, New York City.
Brunswick, Glynn Co., Ga.

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Gauge of tracks, 5 feet 6 inches and 4 feet 8 inches. Rail, 60 to 75 lbs. to yard. Statement of the length of line in each operating district, including branches :

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Included in the above are the following leased properties: Atlantic and St. Lawrence Railroad: Portland, Me. to Island Pond, Vt....150 miles. Chicago, Detroit and Can. Gd. Junc. RR.: Detroit to Port Huron, Mich... 59 Montreal and Champlain RR.: Montreal, Can., to Rouse's Point, N. Y..... 49 Buffalo and Lake Huron: Fort Erie, Can., to Goderich, Can...............

Total of leased lines..

..161

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.419 miles.

Rolling Stock.-Locomotives-passenger, 101; freight, 215; shunting, 7—total, 323. Cars-passenger (1st class, 131; sleeping, 16; composite, 3; smoking, 5; and 2d class, 64), 219; post-office and baggage, 44; baggage, 41; break vans, 94; and freight (box, 2,412; box and cattle, 50; cattle, 105; and platform, 1,400), 3,967-total, revenue cars, 4,365. Also 93 ballast cars and 36 snow-plows.

Operations for year ending June 30, 1869.-Engines hauling trains run-passenger, 1,854,682; freight, 2,844,394; mixed, 594,487—total revenue trains, 5,281,563 ; and service, 1,776,330-total of all trains, 7,071,893 miles. Cars run, 64,188,607. Passengers carried, 1,460,665. Freight moved, 1,078,038 tons. Gross earnings-passenger,

£556,031 11s. 4d.; freight, £870,265 10s. 6d.; rents, £2,326 10s. 6d.; and sundries, £2,161 5s. 8d.-total, £1,430,784 18s., or $7,153,923 60. Current expenses-operating, £905,445 15s. 5d; and renewals, £202,811 3s. 7d.-total, £1,109,256,19s., or $5,546,283 80. Nett revenue, £321,527 19s., or $1,607,630 97. Disbursed as follows: postal and military revenue, £33,376 13s 4d.; discount on American currency, £68,159 1s. 1d.; interest and exchange, £35,639 0s. 9d.; lease rents-Atlantic and St. Lawrence RR., £65,010 19s. 5d.; Detroit Line RR., £22,500; Montreal and Champlain RR., £18,219 15s.; and Buffalo and Lake Huron RR., £19,267 11s. 5d.-total, £124,998 5s. 10d.; and equipment bond interest, £21,558. Balance to next account, £46,631 12s. 9d. Statement of operations and results for eight years:

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1861-2.

1,090

1862-3..

1,174

1863-4..

1.335

1864-5.

1,377

1865-6..

1,377

3,331,922 36.221.133 £802,461
3,478,277 41,842,721 895,583
4,375,796 50,646,428 1,038,881
4,651.999 | 53,571,744 1,233.114
4,819,55555,281,237 1,352,205

1866-7.

1,377

1867-8.

1868-9.

£887 £158.256 240,087 20,261 219,825 363,538 20.033 343,505 307.298 114,262 193,036 852,039 884.192 4,803,085 | 54,321,877 1,328,492 853,675 127.365 347,352 1.877 4,969,001 58,093,228 1,351,176 881,057 153.222 345.279 1,377 5,293,563 64,188,607 1,430,785 905,446 202,811 321,523 68,159 253,369

£643,317
552.278 £103,218
606.827 68,526

£159.144

792.741

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In the half year ending June 30, 1864, there was no loss by discount on American currency, the same having been used in the purchase of Portland bonds maturing in 1866, and sold in England.

Capital Account.-Share stock, £2,873,589 15s. 2d.; debentures-Island Pond, £90,000, Br. Am. Land Co., £20,547 18s. 11d.; and Montreal Seminary, £20,547 18s. 11d.-total, £131,095 17s. 10d.; mortgage to Bank of Upper Canada, £221,190 6s. ; Atl. & St. Lawr. RR. deferred interest certificates (1872) for arrears to December 31, 1862, £77,180 11s. 10d.; preference bonds and stocks-equipment mortgage bonds, £500,000; postal and military service bonds, £1,200,000; 1st preference bonds, £2,638,466 14s.; and stock, £74,185 5s. ; 2d preference bonds, £1,528,358 18s. 4d.; and stock, £43,707 2s. 7d.; 3d preference stock, £729,459 9s. 3d.; and 4th preference stock, £5,412,667 4s. 11d.—total, £12,136,853 14s. 1d.; provincial debentures issued on account of G. T. Railway, £3,111,500; and amount received on un-issued debentures and debenture certificates allotted with forfeited shares-Company's, £3,650, and provincial, £3,650—total, £7,300.

Per contra: Amount expended on capital account, £18,144,172 17s.; balance, £414,527 7s. 11d.... ... Total, £18,558,700 4s. 11d., or $92,793,500 99.

General Balances.-Balance of capital account, £414,527 7s. 11d.; balance of nett revenue, £18,754 10s. 10d.; loans on securities, £203,189 10s. 8d.; mortgages on real estate, £25,028 19s. 8d.; bills payable, £13,693 2s. 8d. ; interest on equipment and Atl. & St. Lawr. bonds, etc., charged to revenue and not yet paid, £20,818 2s. 6d. ; sundry outstanding liabilities, £163,615 15s. 2d.; and wages unpaid, June 30, 1869, £31,367 9s. 3d.

Per contra: New engines, purchase account, £49,888 3s. 4d.; securities on hand' pledged, etc., £443,041 17s. 2d.; cash in bank and in transitu, £50,145 10s. 4d.; stores, fuel, etc., £221,628 1s.; sundry outstanding accounts, £61,437 9s. 4d.; and outstanding traffic accounts, £64,853 17s. 6d.—Total, £390,994 18s. 8d.

Directors.-Richard Potter, Gloucester, Eng.; Thomas Baring, London, Eng. ; Charles John Bridges and James Ferrier, Montreal, Can.; Robert Gillespie, Bolney, Sussex Co., Eng.; Kirkman Daniel Hodgson, London, Eng.; Grosvenor Hodg

kinson, Newark, Engl.; Graham Menzies, London, Engl.; William Molson, Montreal, Can.; John Swift, Capt. Tyler and Lord Wolverton, London, Eng.

RICHARD POTTER-President..... Standish House, Gloucester, Eng.
Charles John Bridges-Managing Director....

Treas. & Sec.-Joseph Hickson....Montreal, Can.

Thomas Morland.

Auditors William Newmarch..

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London, Eng.
Manchester,
Montreal, Can.

PRINCIPAL OFFICE AND ADDRESS...

Montreal, Can.

East-F. C. Stratton

Chief Engr.-E. P. Hannaford.... Montreal, Can.
Mast Mechanic-Richard Eaton..
Gen. Passenger Agt.-H. Shackell.
Gen.Fgt.Agt. West P. S.Stevenson, Toronto
Gen. Storekeeper-John Taylor.....Montreal
Montreal, Province of Quebec, Can.

CHICAGO, DETROIT AND CANADA GR. JUNC. RAILWAY.

(Leased and operated by Grand Trunk Railway of Canada.)

Line of Road.-Port Huron, Mich., to Detroit, Mich...............
Cost of road, $2,169,736.

59 miles.

Rent paid by Grand Trunk Railway Company, in 1868-69, £22,500.
PRINCIPAL OFFICE AND ADDRESS..

Detroit, Mich.

MONTREAL AND CHAMPLAIN RAILROAD.

(Leased and operated by Grand Trunk Railway Company of Canada.)

Line of Road.-Montreal, Can., to Rouse's Point, N. Y..
Sidings, etc., 5.66 miles. Gauge, 5 feet 6 inches.

.49 miles.

Income from operations (Company's proportion) for the year ending December 31, 1868, £20,721, sufficient to meet interest on bonds and preference stock, and installment for sinking fund.

Cost of road, $2,417,688.

Directors.-James Ferrier, John Rose, William Molson, Johnston Thomson, Charles John Brydges, E. H. King, E. M. Hopkins, W. E. Phillips and William Dow, Montreal, Can.

JAMES FERRIER-President.. PRINCIPAL OFFICE AND ADDRESS..

.Montreal, Can. Point St. Charles, Montreal, Can.

HARTFORD, PROVIDENCE AND FISHKILL RAILROAD.

(Owned by Boston, Hartford and Erie Company. At present operated by Bondholders' Trustees.)

Leased:

.122.36 miles.

64 5.50

Line of Road.-Providence, R. I., to Waterbury, Ct...... Rockville, RR.—Vernon to Rockville...... Cheneyville Branch RR.-So. Manchester to Cheneyville......2.25 Sidings, turnouts, etc., 15.43 miles. Gauge, 4 ft. 8 in. Rail, 58 and 62 lbs. to yard.

64

The B. H. & Erie Company are extending the line from Waterbury to Fishkill on the Hudson, about 78 miles further west, and at the latter place it will connect with the Newburg branch of the Erie Railway.

Rolling Stock.-Locomotives, 24 Cars-passenger, 30; baggage, mail and express, 16; and freight-box, 151; platform, 121; and coal (60-8-wheel), 30-total, '378, or=8-wheel, 348 cars.

Operations for the year ending December 31, 1869.-Trains run, 470,699 miles. Passengers carried, 997,570; carried one mile, 13,592,276. Freight moved, 212,805 tons: moved one mile, 5,172,157 tons. Gross earnings-passenger, $450,259 67; freight, $360,979 61; mail, $12,708 33; and express, rents, etc, $24,615 64—total, $848,563 25. Current expenses, including taxes, $769,535 61 Nett earnings, $79,027 64. Interest on bonds, 143,885.

General Balances.-Capital stock-common, $1,537,939 38; and preferred, $500,000-$2,037,939 38; funded debt, 1st mortgage 7 per cent. bonds due 1876, $2,055,500, of which $481,000 are a lien on the road in Rhode Island, 26.32 miles, and $1,574,500 on the road in Connecticut, 96.04 miles. Floating debt, large. Per contra: Cost of road and equipment, $4,204,866 39, exclusive of about, $500,000 expended by the Trustees in charge. The cities of Hartford and Providence each hold $500,000 of the above bonds, taken in exchange and as security for their own 6 per cent. bonds for like amounts, delivered to and sold by the Company. The difference between the rates respectively is the basis of a sinking fund for the final payment of the city bonds, and these funds now amount to a total of-Hartford, $127,461 97, and Providence, $100,116 89-$227,578 86.

The capital account and bonded debt have been stationary for the last ten years The operations and results for that period have been as follows:

Passengers Carried. Freight (tons) Moved.

Expenses to Earn

Fiscal Miles of Train

Years. Road. Mile'ge Number. One Mile. Number. One Mile.

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No dividends have been paid on the capital stock.

GEORGE M. BARTHOLOMEW-President Board Trustees..Hartford, Conn.

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Line of Road.-Exeter (Boston & Me. RR.), N. II., to Salisbury, Mass..9 miles.
Directors.-Eben F. Stone and Robert Couch, Newburyport, Mass.; Thomas J.

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