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Operations for the year ending October 31, 1869.–Freight moved-anthracite, 6,356 ; iron and iron ore, 75,694 ; lime and limestone, 19,054; and other, 1,648—total, 102,752 long tons. No passengers carried. Gross earnings, $32,361 57; and expenses, including taxes, $16,458 64. Nett earnings, $15,902 93.

General Balances.-Capital stock, 8,000 shares, $400,000 ; funded debt, 1st mortgage 7 p. c. bonds, due May 1, 1875, $130,000—total stock and bonds, $530,000. Per contra : Cost of road and equipment, $268,000; and real estate, $249,500.

Directors.-Robert Lenox Kennedy and Henry M. Alexander, New York City; Eli. J. Saeger and Robert McAllister, Allentown, Pa.; and Charles Stewart Wurts, Philadelphia, Pa. ELI J. SAEGER-President......

..Philadelphia, Pa. Sec. de Treas.-Chas. S. Wurts........ Philadelphia, Pa. . Supt.—Robert McAllister .... Allentown, Pa. PRINCIPAL OFFICE AND ADDRESS.

.. Philadelphia, Pa.

LEXINGTON AND ST. LOUIS RAILROAD (in Progress).

Line of Road.-Lexington (Mo. Riv.), to Sedalia (Pac. RR. of Mo.), Mo..58 miles. Graded and ready for the iron. The road will probably be opened by July.

The counties of Lafayette and Pettis, through which this line passes, have subscribed their bonds, the first, $500,000, and the latter, $300,000, to aid in its construction; and the Company have issued 10 per cent. construction bonds, dated January 1, 1870, and due January 1, 1900, to the amount of $900,000.

Directors.—George H. Ambrose, Amos Green, C. Ben Russell and James H.
Beatty, Lexington, Ky.; Harvey J. Higgins, Lafayette Co., Mo.; E. W. Washburne,
Sedalia, Mo. ; John 0. Shelby, Lexington, Mo.; T. F. Patrick, Lafayette Co., Mo.;
and Frank Hickox, Pettis Co., Mo.
GEORGE H. AMBROSE-President......

Lexington, Mo.
Frank Hickox-Vice-President...

Pettis Co., Mo.
Treasurer_Wm. Limerick..

...Lexington, Mo. Gen. Supt.-Jos. O. Shelby.. .Lexington, Mo. Secretary-C. Ben. Russell,

Chief Eng.-W. R. Boggs... PRINCIPAL OFFICE AND ADDRESS.. ..Lexington, Lafayette Co., Mo.

JUNCTION (Philadelphia) RAILROAD.

Line of Road.-Belmont, Pa., to Gray's Ferry, Pa........

..4.62 miles. Second track, 4.62, and sidings, 0.87 miles. Gauge, 4 ft. 81 in. Rail, 67 lbs. to yard.

Rolling Stock.-Furnished by connected railroad companies.

Operations for the year ending October 31, 1869.— Trains run-passenger, 3,952 ; and freight and coal, 12,520—total, 16,472 miles. Passengers carried, 225,150; and freight moved, 1,209,915 tons. Gross earnings-passenger, $14,425 15; freight, $86,730 40 ; mail and express, 4,938 12 ; and other, $1,518 84—total, $107, 612 50. Operating expenses, including taxes, $47,551 85. Nett earnings, $60,060 66. Interest paid, $48,720. Balance to credit of income, $11,340 66.

General Balances.—Capital stock, 3,605 shares, $180,250; funded debt-1st mortgage 6 p. c. bonds, due, July 1, 1882, $500,000 ; and 2d mortgage 6 p. c. bonds, due April 1, 1900, $300,000—total, $800,000. Total stock and bonds, $980,250. Per contra: Cost of road, $898,324 25.

Directors.—Isaac Hinckley, J. Edgar Thomson, A. Whitney, John Tucker and F. E. Gowen, Philadelphia, Pa. ISAAC HINCKLEY-President..

.Philadelphia, Pa. Secretary.... ..Joseph Leslie. | Treasurer. John Tucker. | Superintendent..G. C. Franciscus. PRINCIPAL OFFICE AND ADDRESS.

...Philadelphia, Pa.

MAINE CENTRAL RAILROAD.

(Consolidation, Oct. 28, 1862, of Androscoggin and Kennebec, and Penobscot and

Kennebec Railroads.)

Line of Road.-Danville Junc. (27 m. N. Portland), Me., to Bangor, Me.109.81 m. Leased : Dexter & Newport RR-Newport (83 m. N.E. Junction) to Dexter.. 14.00 m. Sidings, turnouts, etc., 10.98 m. Gauge, 5 ft. 6 in. Rail, 56 and 60 lbs. to yard.

The Company will also lease the Somerset Railroad, from West Waterville to Solon, 34 miles, and the Belfast and Moosehead Lake Railroad, from Burnham to Belfast, 38 miles, both of which are well advanced towards completion.

Rolling Stock.–Locomotive engines, 15. Cars-passenger, 16; smoking, 3; baggage and mail, 8; saloon, 3; and freight (box, 124; flat, 124; cattle, 29; and hay, 10), 287—total, 317 cars. Also, 7 snow-plows, 3 flange-cleaners and 2 working cars.

Operations for the year ending December 31, 1869 :

Trains run-Passenger, 86,265; freight, $92,710; and working, 45,268—total, 224,243 miles. Passengers carried, 183,849. Freight moved, 97,989 tons. Gross earnings-passenger, $298,815 25; freight, $259,537 52; and other, $27,284 90—total, $585,637 67. Operating expenses, taxes, etc., $ 105,499 17. Nett revenue, $180,138 50. Deduct rent of D. & N. RR. for thirteen months, $19,500; coupon account, $142,571 38; interest account, $3,171 88; surplus, $14,895 24.

Statement of operations and results for seven years :

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The returns for 1869 include the operations of the Dexter and Newport Railroad for thirteen months. Previous to 1866, the fiscal years ended May 31; and in 1866 and thereafter, December 31. In the above table there are seven months (June 1 to December 31, 1865) not accounted for.

General Balances.-Statement as per general account January 1, 1870 :

Capital stock.
Funded debt
Bills payable and accounts.
Profit and loss..

.$1,639,800 00
2,377,480 00

73,353 96
292,891 74

Construction

$4,121,694 10 Lands of Pier Co. & city lot, Bangor. 51.606 78 Bills receivable and accounts

10,339 61 E. & N. Am. RR. guaranteed.

20.000 00 Wood and materials on hand.

75,882 32 Stocks, $61,120 94; real est., $23,722 05 84,842 99 Cash

19,159 90 Total.

$4,383,525 70

Total....

$1,383,525 70

Statement showing the financial condition of the Company yearly:

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Capital stock.. 1,050, 860 02 1,246, 360 02 1,417,060 02 1,600,860 02 1,536,200 02 1,611,500 00 1,639,800 00 Funded debt. 3,068.491 41 2,967,022 79 2,739,849 39 2,631,820 00 2,434,120 00 2,432.050 00 2,377, 480 00 Bills and accounts.. 139,952 35 112,245 73 113,518 20 19,283 05 16,713 78 16.099 17 73,353 96 Profit and loss..

100,786 63 206,365 68 277,956 50 292,891 74 Total..... 14,259,303 78 4,325,628 54 4,301,457 61 4,352,749 80 4,293,459 48 4,337,635 67 4,383,525 70

Per contra : Charges on the following accounts, viz. : Road, rolling stock,

real estate, etc.... 4,211,877 88 4,212.200 88 4,212,200 88 4,212,200 88 4,173,300 88 4,193,298 93 4,197,022 93 Bills and accounts.. 10.350 17 78,709 07 22,377 82 7,402 90 14.219 17 39,965 03 10,339 61 Stock and advances. 21,924 79 21,924 79 21,924 79 99,380 00 20.000 00 28.112 44 81,120 94 Fuel and materials. .

62,001 02 59,881 01 75,882 32 Cash.

15,151 04 42,573 65 12,787 72 33,846 02 23,938 41 16,379 26 19,159 90 Profit and loss.

30,220 15 32,166 40 Total.. 4,259,303 79,4,325,628 54 4,301,457 61 4,352,749 801,293,459 48 4,337,635 67 1,383,525 70

Statement of funded debt as it stood at date of consolidation and at close of 1869 :

Description of Securities.

1862.

1869.

$1,000,000 loan bonds A. & K. RR. (exchangeable for $1,100,000 loan bonde).,
$350,000 loan bonds A. & K. RR. (paid in cash and exchanged for other bonds)...
Stock bonds A. & K. RR., convertible into stock at maturity, 1863-64.
$1,100,000 loan A. & K. RR., payable in cash, 1890-91...
ist mortgage bonds P. & K. RR., for City of Bangor bonds, due $20,000 a year to

April 21, 1874, and $500,000 Oct. 2, 1874.
2d mortgage bonds P. & K. RR., payable in cash Aug. 1, 1870.
3d mortgage bonds P. & K. RR. (payable 40 p. c. in bonds and 60 p. c. in stock).
$400,000 loan bonds M. C. RR., issued Dec. 1, 1862, to May 1, 1863, on 8 years.
Interest scrip (payable in bonds).
Stock coupons (payable in stock)

$618,000

$1,000 25,557 714,000 76,800 1,050,400 1,095,600 726,500 600,000 300.000 294,900 5,800

200

307,700 10,674 6,260 1,280

Total funded debt at date..

$2,896,991 $2,377,480

To provide for the bonds becoming due in 1870 to 1874, the Company have executed a mortgage on their property to secure an issue of bonds to the amount of $1,100,000, which will be exchanged for existing bonds as they mature.

The stock, bonds and coupons are all due, and may be exchanged for stock at any time.

Directors (elected February 23, 1870).—R. B. Dunn, Waterville, Me.; J. W. Rawson, Bangor, Me.; F. W. Hill, Exeter, Me.; A. C. Morrill, Readfield, Me.; A. D. Lockwood, Lewiston, Me.; J. H. Drummond, Portland, Me.; and George L. Ward, Boston, Mass. R. B. Dunn-President....

Waterville, Me. Treasurer-Joshua Nye . Waterville, Me. Mast. Mach'y-J. W. Philbrick... Waterville, Me. Secretary-J. H. Drummond. Portland," Hast. Trans.-Geo. S. Flood.. Supt. Pur. Agt.-Edwin Noyes. Waterville, Gen. Ticket Agt.-F. E. Boothby..

PRINCIPAL OFFICE AND ADDRESS. Waterville, Kennebec Co., Me.

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NEWPORT AND DEXTER RAILROAD.

(Leased for thirty years from Dec. 1, 1868, by the Maine Central RR. Company).

Line of Road.-Newport, Me., to Dexter, Me.....

14 miles. Operations for the year ending December 31, 1869.-Included in report of legsees, and here stated separately. Trains run, 19,720 miles. Passengers carried, 21,758. Freight moved, 10,701 tons. Gross earnings-passenger, $13,580 57; freight, $20,378 75; and other, $1,096 25—total, $35,055 57. Operating expenses, $17,645 33. Nett revenue, $17,410 23. Lease rent, $18,000. Deficit, $589 77. General Balances.-Capital stock, $125,000. CHARLES SHaw-President..

.Dexter, Me.

MACHIASPORT RAILROAD. .

Line of Road.-Whitney, Me., to Machiasport, Me......

.7.5 miles. This railroad is owned by a manufacturing company, and was constructed for the purpose of transporting timber from their mills, on the Machias River, to the port on tide-water. It has cost about $120.000.

No returns are made of operations.
PRINCIPAL OFFICE AND ADDRESS. .. Machiasport, Washington Co., Me.

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NESQUEHONING RAILROAD (in Progress).

(Leased to Lehigh Coal and Navigation Company for the term of 999 years.)

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Line of Road.-Mauch Chunk, Pa., to Hometown (Catawissa RR.).... 16 miles. Branches or extensions to coal mines....

The road from Mauch Chunk to Hometown is to be finished and in working order by April 1, 1870. Capital stock, 10,000 shares, $500,000, of which had been paid up Jan.'1, 1870, $400,495. No bonds bave been issued.

The lessors will receive 10 p. c. per annum on their investment.

Directors (elected January 10, 1870).—George Whitney, S. M. Felton, William G. Moorhead, Isaiah V. Williamson and S. V. Merrick, Philadelphia, Pa. ; Fisher Hazard, Mauch Chunk, Pa.; Francis R. Cope, M. Baird, E. W. Clark, Charles Wheeler, George F. Tyler and John S. Ilsley, Philadelphia, Pa. J. B. MOORHEAD-President...

Philadelphia, Pa. Treas. d Sec.-W. B. Whitney..Philadelphia, Pa. Purchasing Agt.-E. M. Cook... Philadelphia, Pa. Chief Eng.-J. Dutton Steele...

1 PRINCIPAL OFFICE AND ADDRESS...No. 122 South 2d St., Philadelphia, Pa.

65

BALTIMORE AND POTOMAC RAILROAD (in Progress).

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Line of Road.-Baltimore, Md., to Potomac River....

.72.00 miles. Branch: Huntington, Md., to Washington, D. C........

..15.75 Gauge of track, 5 feet 81 inches. Weight of rail, 64 lbs. to yard.

Terminus at Potomac River not yet determined on; if at Pope's Creek main line will be 72 miles, or if at Acquia Creek 81 miles. A large portion of the road is graded and ready for the superstructure.

General Balances (January 1, 1870). - Capital stock paid in, 8,780 shares, $439,000 ; funded debt—1st mortgage 6 p. c. gold bonds of 1869, due January 1, 1909 (authorized, $3,000,000)-$527,000. Per contra : Cost of railroad to date, $966,000.

Directors (elected September 2, 1869).—George B. Roberts, Philadelphia, Pa.; William T. Walters, Baltimore, Md. ; James C. Clarke, Cockeysville, Md. ; Samuel Cox, Port Tobacco, Md. ; Eli J. Henkle, Brooklyn, Md.; Wm. D. Bowie, Croom, Md. ODEN BOWIE— President.......

Annapolis, Md.
Treas. & Sec.-C. G. Miller... New York City. Chf. Eng.-Charles S. Emack..... Baltimore, Md.
Supt. and

Purchasing Agent-Wm. Worrall..
Contractors
Thomas Seabrook.... Baltimore, Md.

Transfer Agent-D. D. Domer..... PRINCIPAL OFFICE AND ADDRESS. No. 7 Calvert St., Baltimore, Md.

WARREN AND PINE GROVE RAILROAD.

Line of Road.- Warren, Pa., to State Line, N. Y........ ....... 11 miles.

This road is a part of the Dunkirk, Warren and Pittsburg, a separate organization being kept up in accordance with State law. Work will be commenced early in 1870.

Capital stock authorized, $100,000; subscribed, $87,500 ; and paid in $4,375. Expended for surveys, etc., about $4,500.

Directors.-J. S. Alden, A. W. Wood, J. R. Clark, F. A. Phillips, L. F. Watson and P. Falconer, Warren, Pa.; and Thomas Sloan, Pine Grove, Pa. J. S. ALDEN-President .....

Warren, Pa.
A. W. Wood-Secretary and Treasurer..
PRINCIPAL OFFICE AND ADDRESS.

.Warren, Warren Co., Pa.

WILMINGTON AND READING RAILROAD.

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Line of Road.-Wilmington, Del., to Birdsboro', Pa....... .63.50 miles. Completed (Jan. 1, 1870): Wilmington, Del., to Hibernia Iron Works, Pa.36.12 Second track, 1; and sidings, etc, 2.95 miles. Gauge, 4 ft. 87 in. Rail, 56 lbs. to yard.

Operations for the month ending Oct. 31, 1869 (on the line between Coatesville and Embreeville, 7 miles).—Gross earnings-passenger, $183 ; and freight, $1,070 82 -total, $1,253 82. Operating expenses, $1,061 88. Nett earnings, $191 94. The track from Coatesville to Wilmington was completed Dec. 24, and the total business on the whole line opened from October 1 to Dec. 31 was as follows: Passengers carried, 3,709}; and freight, paying, 11,1141; Company's, 3,3131 tons. Gross earnings -passenger, $826 34 ; and freight, $2,602 47—total, $3,428 82. Operating expenses, $2,197 51. Nett earnings, $1,231 31. The track between the Hibernia Iron Works and Birdsboro', 27.38 miles, will be ready for traffic early in the coming spring.

General Balances (October 31, 1869).—Capital stock paid in, $734,812 07; 1st mortgage 7 per cent. bonds, due April 1, 1887, $789,300; interest received, $16,529 40 ; and earnings, $1,253 82.

Per contra: Road, $1,162,279 31 ; and equipment, $36,915 30; discount on bonds, $141,112 50: coupons and U. S. tax, $26,333 74; salaries, etc., $26,964 80; operating expenses, $1,061 88; balance on hand, $147,227 76. ............ Total, $1,541,895 29.

Directors.—Hugh E. Steele, Coatesville, Pa.; George Brooke, Birdsboro, Pa.; Hiester Clymer, Reading, Pa.; Charles Huston, C. E. Pennock, J. L. Pennock and

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