This road is under construction, 14 miles being already in operation, and the remainder of the line graded and ready for the superstructure, which is being rapidly added. It is intended to have the whole line in operation during the year. Rolling Stock.-Locomotive engines, 3. Cars-passenger, 3; baggage, mail and express, 1; freight, 2; and coal, 10-total, 17 cars. Capital stock authorized, $1,600,000, in $50 shares. Funded debt authorized-1st mortgage 7 per cent. bonds, dated April 1, 1868, and due April 1, 1888; interest payable semi-annually, April 1 and October 1, at the Mechanics' National Bank in New York City-$1,400,000. Principal and interest free of all State and national taxes. Issued to January 1, 1870, $600,000. Directors.-Thomas Woods, Philadelphia, Pa.; S. P. Case, Danville, Pa.; S. P. Wolverton, Sunbury, Pa.; M. W. Kase, Danville, Pa.; R. B. Sterling, Philadelphia, Pa.; John H. Kase, Danville, Pa.; B. Hendericks, Sunbury, Pa.; and H. W. McReynolds, Bloomsbury, Pa. Line of Road.-Jamesburg (C. & A. RR.), to Monmouth Junc., N. J..17 miles. Leased: Squankum and Freehold Marl RR. (Freehold to Farmingdale)...........8 Sidings, etc., 1.25 mile. Gauge, 4 feet 10 inches. Rail, 50 lbs. to yard. Rolling Stock.-Locomotive, 3. Cars-passenger, 3; freight, 22—total, 25. Trains run-passenger, 52,270; and freight, 12,800 miles. Passengers carried, 133,466. Freight moved, 39,793 tons. Gross earnings-passenger, $31,948 23; freight, $31,977 23; -total earnings, $69,807 55. and other, $5,882 09 Current expenses, including taxes, $67,769 73; dividend, one of 3 per cent. $7,278 95; deficiency, $5,241 13. Condensed statement from balance sheet, January 1, 1870: Directors (elected July 29, 1869).—Daniel H. Ellis and Joseph Combs, Freehold, N. J.; Richard S. Conover, Princeton, N. J.; Benjamin Fish, Trenton, N. J.; William H. Gatzmer, Philadelphia, Pa.; Francis H. Holmes, New York City; Lewis Perrine, Trenton, N. J.; Richard Stockton, Princeton, N. J.; and Peter Vredenburgh, Freehold, N. J. DANIEL H. ELLIS-President... Freehold, N. J. Treas. & Supt.-I. S. Buckelew..Jamesburg, N. J J. Master Mechanic-L. Cox.... Jamesburg, N. J. PRINCIPAL OFFICE AND ADDRESS. Jamesburg, Middlesex Co., N. J. SQUANKUM AND FREEHOLD MARL RAILROAD. (Operated by Freehold and Jamesburg Agricultural Company.) Line of Road.-Freehold, N. J., to Farmingdale (N. J. So. RR.), N. J..8 miles. Directors (elected April 6, 1869).-John P. Stockton, John G. Stevens, Isaac S. Buckelew, Robert F. Stockton, Richard F. Stevens and John D. Buckelew. ISAAC S. BUCKELEW-President and Engineer.....Jamesburg, N. J. ..Jamesburg, Middlesex Co., N. J. BOSTON AND MAINE RAILROAD. Line of Road.-Boston, Mass., to South Berwick Junction, Me.....76.26 miles. Medford (Malden, Mass., to Medford, Mass.).... Branch .2.23 Methuen (Lawrence, Mass., to State Line, N. H.)...................3.61 Total length of road owned by Company..... 46 ..85.05 miles. Deduct: Methuen Branch, leased to Manchester and Lawrence RR. Co.. 3.61 Total length of road owned and operated......... Leased Roads: .81.44 miles. 9.21 ...28.50 Danvers RR., (rent $75,000 per annum). Total length of road owned, leased and operated.. .146.13 miles. The Company also use the Portland, Saco and Portsmouth Railroad to carry their trains to and from Portland, Me., and in conjunction with the Eastern Railroad Company pay therefor annually 6 per cent. on the capital invested in said road, any surplus over the lease rent being divided between the lessees. A special dividend of 12 per cent. was paid March 23, 1870, on the stock of the P., S. & P. Co. in settlement of their claim to dividends in gold for the past six years. Rolling Stock.-Locomotive engines, 45. Cars-passenger, 75; baggage, mail, etc., 23; and merchandize, 1,016-total, 1,114. Also, 171 gravel, hand and other cars. Operations for the year ending November 30, 1869 : Trains run-passenger, 656,610; freight, 307,049; and other, 28,350-total, 992,009 miles. Passengers carried, 3,593,237; carried one mile, 51,248,678. Merchandize moved, 422,711 tons; moved one mile, 16,163,410 tons. Gross earnings-passenger, $1,082,643 05; freight, $711,163 68; mail, $14,203 14; rents, $30,333 04; and other, $32,996 08-total, $1,871,339 02. Operating expenses, including taxes, etc., $1,321,389 80. Nett revenue, $549,949 22. Interest paid, $5,846 87; dividends, two of 5 per cent. each, and U. S. tax, $479,471 26; surplus undivided, $64,631 09. * This amount is paid out of D. & W. Co,'s gross earnings-$11,500 semi-annually-the balance, if any, given to the Boston and Maine Railroad. Statement of financial condition and results of operations for ten years: The Company have paid dividends regularly since the opening of the road in 1838, and have paid, including the dividend of July, 1869, dividends equaling 225 per cent. on the share capital, averaging in the last 31 years 8.26 per cent. per annum. Directors (elected September 8, 1869).-Francis Cogswell, Andover, Mass.; Peter T. Homer, Boston, Mass.; Nathaniel G. White, Lawrence, Mass.; E. T. M. Hale, Haverhill, Mass.; George C. Lord, Boston, Mass.; Amos Paul, South Newmarket, N. H.; and John E. Bickford, Dover, N. H. (Leased to and operated by Boston and Maine Railroad Company.) Line of Road.-South Reading, Mass., to North Danvers, Mass......9.21 miles Sidings and other tracks, 0.23 mile. Gauge, 4 feet 84 in. Rail, 50 to 60 lbs. to yard. Operations.-Included in the returns of the lessees, who pay interest on the debts and dividends on the stock equal to those paid on their own. Capital stock, $67,500; bonds, 6s, 1875, $150,000; floating debt, $33,197 68 Cost of road and equipment, $244,456 02. PRINCIPAL OFFICE AND ADDRESS... Boston, Mass. DOVER AND WINNIPISEOGEE RAILROAD. (Leased to and operated by the Boston and Maine Railroad Company.) .28.5 miles. Line of Road.-Dover, N. H., to Alton Bay, N. H.... Rolling Stock.-Locomotive engines, 3. Cars-passenger, 3; baggage, 3; and freight, 85-total 91 cars. Operations. Included in returns of Boston and Maine Railroad Company, which pays, as rent, to this Company, $29,000 per annum for fifty years, from November 1, 1863. Dividends, 3 per cent. semi-annually. Capital stock (reduced), $480,000. Directors.-Wm. Hale and G. W. Woodman, Dover, N. H.; Wm. Hill, North Berwick, Me.; John McDuffee, Rochester, N. H.; G. M. Herring, Farmington, N. H.; Amos Paul, South New Market, N. H.; and S. W. Walker, Boston, Mass. William Hale. | Treasurer.. President... PRINCIPAL OFFICE AND ADDRESS. George W. Benn. Dover, Stafford Co., N. H. MARTINSBURG AND POTOMAC RAILROAD (Projected). Line of Road.—Winchester, Va., via Martinsburg to Potomac River..35 miles. [This road will be carried up to Hagerstown, Md., and form in connection with the Cumberland Valley Railroad a very direct line from Philadelphia and Harrisburg into the Virginia Valley. The route is now being surveyed.] Directors (elected March 1, 1870).-William N. Riddle, J. S. Haldeman, E. B. Hall, John Q. A. Nadenbursch, William T. Snodgrass and J. L. Campbell, Martinsburg, Va.; Jacob Rupp, Hedgesville, Va.; and Burnet Cushman, Martinsburg, Va. C. T. FAULKNER-President...... Martinsburg, Va. Treasurer-Wm. W. Burkhart.. Martinsburg, Va. | Secretary-J. L. W. Baker.......Martinsburg, Va. WILTON RAILROAD. (Leased to Nashua and Lowell Railroad Company, and operated as a part of the Boston, Lowell and Nashua Line.) Line of Road.—Nashua (39 m. N. Boston), N. H., to Wilton, N. H..15.43 miles. Gauge, 4 feet 8 inches. Rail, 56 lbs. to yard. Operations. Included in Nashua and Lowell Railroad account. Rent, $14,000 payable in semi-annual installments, May 1 and November 1. Dividends, 64 per cent, General Balances.-Capital Stock, $213,000. Per contra: Cost of road, etc., $233,000. ISAAC SPALDING-President... Nashua, N. H. Treasurer-Theodore H. Wood....Nashua, N. H. | Secretary-John A. Spalding........Nashua, N. H. PRINCIPAL OFFICE AND ADDRESS.. . Nashua, Hillsboro, Co., N. H. PHILADELPHIA AND READING RAILROAD. The branch lines of this Company are named in their order of divergence from the main line: Statement showing the length of railroad (equivalent single track) operated by the Company December 1, 1862-69, inclusive: Main Line Branch Lines. Total Lines. 1862. 1863. 1864. 1865. 1866. 1867. 1868. 1869. 261.13 266.15 283.35 289.03 306.75 315.78 320.24 $23.00 176.32 248.00 402.75 428.47 441.90 454.82 486.45 815.90 437.45 514.15 686.10 717.50 748.65 770.60 806.69 1141.90 The sums paid annually for rents of the leased roads are included in operating expenses, under the general head of "Rents and Ground Rents." These amounted, in 1861-62, to $107,828; in 1862-63, to $277,306; in 1863-54, to $627,659; in 1861-35, to $623,252; in 1865–66, to $615,337; in 1866-67, to $563,895; in 1867-68, to $550,852; and in 1868-69, to $609,180. Rolling Stock.-Locomotive engines-1st class, 238; 2d class, 20; 3d class, 5; and 4th class, 4-total, 267. Also in use on Mine Hill RR.-1st class, 20; 2d class, 9; and 4th class, 1-total, 30. Total of all classes, 297. |