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and floating debt, $404,069 18-total stock and debt, $914,069 18, a sum representing the cost of the road. In September, 1866, the road was sold and bought in by the bondholders for the amount of their claims, $310,000, and has since been reorganized. The original cost was about $1,000,000.

J. EDGAR THOMSON-President..

.Philadelphia, Pa.

Secretary........ Edmund Smith | Treasurer..... Thos. T. Firth | Superintendent.. Geo. C. Wilkins. PRINCIPAL OFFICE AND ADDRESS..

Philadelphia, Pa.

CENTRAL RAILROAD OF IOWA.

Line of Road.-Missouri State Line to Minnesota State Line, about..250 miles. In operation: Ackley (D. & S. C. RR.), to Marshalltown (C. R. & Mo.RR.).. 46 Gauge of track, 4 feet 84 inches. Weight of rail, 56 lbs. to yard.

This road as projected forms a north and south line across the State at a distance of 150 miles from the Mississippi River, at the Missouri line, connecting with the North Missouri RR. at the Minnesota line with the Minnesota Central RR., making a part of the through line between St. Louis, Mo. and St. Paul, Minn. The completion of the grading on the entire line during the present season has been contracted for, and it is intended to open 150 miles for business during the present year, and to complete the entire line by July 15, 1871.

Rolling Stock.-Locomotive engines, 5. Cars-passenger, 2; baggage, mail and express, 1; and freight (box, 12; and platform, 40), 52—total, 53 cars.

Capital stock authorized, $30,000 per mile of road. The Company have subscriptions from towns and individuals to the extent of $2,500 per mile.

Funded debt, 1st mortgage 7 p. c. gold bonds, issued in 1869, and due in 1899, interest January and July 15th, $16,000 per mile.

Directors.-J. J. Donaldson, W. A. Wheelock and W. B. Shattuck, New York City; John S. Gilman, Thomas Kensett and Horace Abbott, Baltimore, Md.; F. W. H. Sheffield, Dubuque, Ia.; G. M. Woodbury, Marshalltown, Ia.; J. B. Grinnell, Grinnell, Ia.; W. H. Seevers, Oskaloosa, Ia.; and Charles C. Gilman, Eldora, Ia. CHAS. C. GILMAN-President and Gen. Supt...... Marshalltown, Ia. W. H. Seevers-Vice-President. ...Oskaloosa, Ia.

66

Secretary-Charles Collins.
Eldora, Ia. Mast. Mechanic-H. P. Vedder..Marshalltown, Ia.
Treasurer-W. B. Shattuck.. New York City. Tkt. & Fgt. Agt-J. W. Gilman
Road Master-S. M. Churchill... Marshalltown, Ia. | Transfer Agent-A. L. Hatch....New York City.

PRINCIPAL OFFICE AND ADDRESS....
Financial Office.....

. Marshalltown, Marshall Co., Ia. No. 32 Pine, St., New York City.

JAMESTOWN AND FRANKLIN RAILROAD.

(Leased to and operated by Lake Shore and Michigan Southern Company.)

Line of Road.—Jamestown, Pa., to Latona, Pa...............

In operation: Jamestown, Pa., to Franklin, Pa....

Branch: Stoneboro' (21 m. E. Jamestown), to Stoneboro' Mines..............

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Sidings and other track, 2.5 miles. Gauge, 4 feet 10 in. Rail, 55 and 60 lbs. to yard. Operations.-Included in returns of lessees.

General Balances.-Capital stock, 20,000 shares, $1,000,000; subscribed, $602,350; and paid in, $603,077 50; funded debt-1st mortgage 7 p. c. bonds, due January 1, 1897, $500,000; and 2d mortgage 7 p. c. bonds, due June 1, 1894, $500,000-$1,000,000; and floating debt, $688,228 27. Per contra: Cost of road and appurtenances, $1,765,247 69. The 2d mortgage bonds are a 1st mortgage on the road between Franklin and Latona, thirteen miles, now under construction.

Directors.-P. H. Watson, Ashtabula, O.; George B. Ely and Wm. Collins, Cleveland, O.; James Bleakley, J. S. McCalmont and George H. McIntyre, Franklin, Pa.

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(Leased and operated by Philadelphia, Wilmington and Baltimore Company.)

Line of Road.-South Broad St. to Catharine St., Phila. (double)....2.12 miles. This road is essentially a portion of the Philadelphia, Wilmington and Baltimore Railroad, and is used to carry trains to and from depots. Dividends, two in February and August, each 3 p. c., free of tax, $3,508 08. Capital stock, 3,383 shares, on which $14 is paid, and 617 shares, on which $18 is paid, $58,468.

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(Leased and operated by the Tioga Railroad Company.)

Line of Road.-Blossburg, Pa., to Arnot, Pa................

.4 miles.

The owners are a Coal Company and their capital is chiefly invested in lands, improvements, etc., pertaining to the development and operating the mines. The cost of the road is stated at $120,000.

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Line of Road.-Coplay, Pa., to Ironton and Orefield, Pa.....

.11 miles. Double track, 11; sidings 4 miles. Gauge, 4 ft. 8 in. Rail, 50 and 57 lbs. to yard. Rolling Stock.-Locomotive engines, 2. Cars owned by customers.

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. & 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 O. Shelby, Lexington, Mo.; T. F. Patrick, Lafayette Co., Mo.; and Frank Hickox, Pettis Co., Mo.

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.....4.62 miles.

Line of Road.-Belmont, Pa., to Gray's Ferry, Pa...................... Second track, 4.62, and sidings, 0.87 miles. Gauge, 4 ft. 84 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.

Secretary..... ..Joseph Leslie. | Treasurer..

PRINCIPAL OFFICE AND ADDRESS.

.Philadelphia, Pa.

.John Tucker. | Superintendent.. G. C. Franciscus. ....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:

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Statement showing the financial condition of the Company yearly:

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Total.......

$

1.050,860 02 1,246,360 02 1,417,060 02 1,600,860 02 1,536,260 02 1,611,500 00 1,639,800 00
3,068.491 41 2,967,022 79 2,739,849 39 2,631,820 00 2,434,120 00 2,432,080 00 2,377,480 00
139,952 35
16.099 17 73.353 96
277,956 50 292,891 74

112,245 73 113,548 20

19.283 05 100,786 63

16,713 78 206,365 68

4,259,303 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

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Total..

4,259,303 79 4,325,628 54 4,301,457 61 4,352,749 80 4,293,459 48 4,337,635 67 4,383,525 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 bonds).
$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...

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1st 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..

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2d mortgage bonds P. & K. RR., payable in cash Aug. 1, 1870.

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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.

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amount of The stock,

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 $1,100,000, which will be exchanged for existing bonds as they mature. 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.; 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.

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

14 miles.

Line of Road.-Newport, Me., to Dexter, Me....
Operations for the year ending December 31, 1869.-Included in report of les-

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