Delaware Railroad was opened to Easton, a distance of 44 miles from its connection with the Delaware Railroad, at Clayton. The Queen Anne and Kent Road and Kent County Railroad were each finished to points about ten miles distant from the western end of the Townsend Branch of the Delaware Railroad-the former southwardly towards Centreville, Md., and the latter westwardly towards Chestertown, Md. The Junction and Breakwater Railroad, which connects with the Delaware Railroad at Harrington has been extended to Lewes, and is now 40 miles in length. Most of these roads are furnished with their car equipment by the P. W. & B. Co. Rolling Stock.-Locomotive engines, 59, of which 13 are in use on the Delaware line. Cars-passenger, 904; baggage, mail, express, etc., 45; freight (box, 541; stock, 57; platform, 220; dump, 68), 886; 4-wheel dump, 55; truck, 99—8-wheel, 77 Also 8 wreck, crane and other working cars. Total 8-wheel, 1,057. Of the cars thus enumerated, 2 passenger, 39 freight, and 18 (4-wheel) truck cars are in use on the Philadelphia and Baltimore Central Railroad. cars. Statement of motive and carrying power for eight years: Operations for the year ending October 1, 1869 : Trains run-passenger, 544,369; freight, 394,049; other, 24,161-total, 962,579 miles; Passengers carried-through, 332,638; way, 980,353-total, 1,312,991. Freight moved through, 7,187; way, 313,011-total, 320,198 tons. Gross earnings-passenger, $1,508,612 30; freight and express, $915,112 61; mail, $40.046 48; rents, $7,114 63; other, $94,416 29-total, $2,565,302 31. Operating expenses, including $67,713 29 taxes, $1,689,207 83. Nett earnings, $876,094 48. Profit and Loss Account.-Revenue balance Nov. 1, 1868, $1,101,105 15; nett earnings, 1868-69, $876,094 48; gross earnings N. C. & F. RR., $77,836 61; gain Delaware RR., $8,742 45.... Total, $2,063,778 69. Per contra: Expenses N. C. & F. RR. $44,192 58; interest, $112,774 05; dividends, Jan. and July, each 4 per cent., $776,151 58; estimated depreciation of assets, $695,873 98.. Total, $1,628,992 19. Balance to credit of revenue Oct. 31, 1869, $434,786 50. $ $ $ Passenger. 1,834,133 75 2,423,088 83/2,992,656 24 1,685,315 98 1,503,297 62 1,437,459 95 1,508,612 30 Freight, etc.. 619,562 88 Rents... Mails, etc... 15,022 05 Total gross earn'gs. 2.540.248 32 3.205,509 20 3.828,464 06 2,470,958 64 2,432,531 12 2,393,897 52 2,565,302 31 Operating expenses. 956,561 54 1,467,919 36 2,253,909 67 1,335,820 64 1,541,800 83 1,488,006 05 1,689,207 83 The " profit and loss account" for the same years shows the following results: 1862-63. 1863-64. 1864-65. 1865-66. 1866-67. 1867-68. 1868-69. Nett revenue.. Total resources..... 1,603,556 16 1,807,892 85 1,585,484 18 1,145,037 28 926,726 72 914,641 13 918,480 96 Total disbursements 1,304,700 39 1,952,413 39 2,026,970 03 637,389 38 1,072,852 61 902, 104 19 1,584,799 61 * One dividend only was paid in the fiscal year 1865-66, the dividend days having been changed from April and October to January and July. Statement of general balances for seven years, ending October 31: Construction N. C. & F. RR. stock 744,425 7,450,166 8,277,850 8,277,850 9,509,641 10,219,073 10,311,197 10,334,242 Stocks, etc. Current assets and accounts) Fuel and materials. Cash and bills... 360.318 755.762 598.662 392,184 425,081 554.234 666,752 821,032 34,82 The capital stock was increased during the year 1868-69 by convertions of mortgage loan, 640 shares, $32,000 and by the issue of new stock, 8,091 shares $404,550The new stock was issued for the purchase of securities of connecting railroads and for paying off the floating debt incurred on account of second track, the Susquehanna Bridge and the Port Deposit Branch. The lowered condition of the revenue balance is caused by depreciation in the value of the company's property (including the reduction of the stock of the Newcastle and Frenchtown RR. from $744,425 to $150,000), and charging the same to profit and loss. General Balances.-Condensed ledger sheet of October 31, 1869 : Directors (elected January 10, 1870).—Samuel M. Felton, William Sellers and Samuel Welsh, Philadelphia, Pa.; Jesse Lane, Joseph Bringhurst and Samuel Harlan, Jr., Wilmington, Delaware; Thomas Kelso, Thomas Donaldson, Thos. Whitridge and S. M. Shoemaker, Baltimore, Md.; Jacob Tome, Port Deposit, Md.; Nathaniel Thayer, Boston, Mass.; Edward Austin, Philadelphia, Pa. (Owned and operated by Philadelphia, Wilmington and Baltimore Company.) Line of Road.-Newcastle, Del., to Frenchtown, Md..............................16.19 miles. The Newcastle and Frenchtown Railroad was constructed in 1830-32. It extended from Newcastle on the Delaware, 35 miles below Philadelphia, to Frenchtown on Elk River, one of the head streams of Chesapeake Bay; and, in connection with the steamboats on the Delaware and those on the Chesapeake, for many years formed a part of one of the principal routes between the North and South. In 1840 the property was merged in the Philadelphia, Wilmington and Baltimore Railroad, by an exchange of stock, and has since been operated as a part of that Company's works; but, being within the State of Delaware, a separate organization is maintained and separate accounts of operations rendered. Since the completion of the Newcastle and Wilmington Railroad the steamboat connections have been discontinued, and also the road beyond Delaware Junction, leaving but six miles of the original road in use. In 1869 the stock, which was formerly stated at $744,520, was reduced to $150,000, the estimated value of the property, and the difference charged to profit and loss under the head of depreciation. See Philadelphia, Wilmington and Baltimore Railroad. The original cost of the road was $680,824 40. Operations for the year ending October 31, 1869.-Gross earnings-passenger, $22,875 73; freight and express, $53,912 46; mail, $1,048 42-total, $77,836 61. Operating expenses and U. S. taxes, $33,192 58. Nett earnings, $44,644 03. Annual tax and bonus to the State of Delaware and County of Newcastle, $11,000. Directors, etc.-Same as Philadelphia, Wilmington and Baltimore Railroad. PRINCIPAL OFFICE AND ADDRESS.... . Broad St., Philadelphia, Pa. CENTRAL RAILROAD (and Banking Co.) OF GEORGIA. Line of Road.-Savannah, Ga., to Macon, Ga.. Augusta and Savannah RR. (Augusta to Millen). Leased: {Milledgeville and Eatonton RR. (Gordon to Eatonton).. Total length of road owned, leased and operated............ Sidings, turnouts, etc., 25.86 miles. Gauge, 5 feet. Rail, 52 to 60 lbs. to yard. Rolling Stock.-Locomotive engines, 52. Cars-passenger, 1st class 27, and 2d class 23; baggage, 23; freight, 656—total, 729 cars. Operations (year ending November 30, 1869).—Trains run, 974,915 miles. Cars run (loaded, 7,082,439; unloaded, 1,242,724), 8,325,163 miles. Passengers carried, 152,474. Freight moved: cotton (through, 260,394; way, 93,594 to Savannah; from Macon and stations to Augusta, 6,592), 360,580 bales; guano, 37,982 tons; salt, 5,840 tons; lime, 344 tons; yarn, 4,324 bales; domestics, 7,241 bales, etc. Gross earnings-passenger, $418,564 79; mail, $26,925; freight, $1,802,429 99—total, $2,247,919 78. Operating expenses, including taxes, $1,323,210 02; rent of Augusta and Savannah RR., $73,000; of Milledgeville and Eatonton RR., $14,000; contingent expenses, $19,050. Total current expenses, $1,429,260 02. Nett earnings, $818,659 76; from which were disbursed interest on bonds, $54,950; dividends, June and December, 5 per cent. each, and U. S. tax, $490,014, leaving a surplus of $273,695 76. General Balances.-Statement from ledger account of December 1, 1869 : Statement of financial condition and results of operations for three years before and three years after the war: Miles of Road. Fiscal Capital Funded Float'g Cost of Years. Own'd Leased Stock. Debt. Debt. Road, etc. Gross. Rate, Directors.-William M. Wadley and Andrew Low, Savannah, Ga.; William B. Johnson, Macon, Ga.; J. F. Gilmer, John B. Wilder, Edward Padelford, George W. Anderson, John Cunningham and George W. Wylley, Savannah, Ga. (Leased to and operated by Central Railroad Company of Georgia.) Line of Road.-Millen (79 m. W. Savannah), Ga., to Augusta, Ga.....53 miles. Rent paid by Central Railroad Company, $73,000 per annum. Capital stock, $733,700; bonds, $129,500. Cost of road, $1,032,200. WILLIAM M. WADLEY-President..... PRINCIPAL OFFICE AND ADDRESS.. Savannah, Ga. .Savannah, Chatham Co., Ga. MILLEDGEVILLE AND EATONTON RAILROAD. (Leased to and operated by Central Railroad Company of Georgia.) Line of Road.-Gordon (170 m. W. Savannah), Ga., to Eatonton, Ga...39 miles. It is proposed to extend this road from Eatonton to Madison (104 m. W. Augusta), on the Georgia Railroad, a distance of 14 miles. Rent paid by Central Railroad Company, $14,000 per annum. WILLIAM M. WADLEY-President... PRINCIPAL OFFICE AND ADDRESS.. Savannah, Ga. Savannah, Chatham Co., Ga. BOSTON, CLINTON AND FITCHBURG RAILROAD. (Consolidation July 1, 1869, of Boston, Clinton and Fitchburg and Fitchburg and Worcester Railroad.) Line of Road.-South Framingham, Mass., to Fitchburg, Mass.....41.62 miles. Branch: South Marlboro, Mass., to Marlboro, Mass..... 1.25 Total length of main and branch railroad owned by Company.......42.87 miles. Sidings and other track, 6.35 miles. Gauge, 4 feet 84 in. Rail, 50 to 56 lbs. to yard. Rolling Stock (December 1, 1869).-Locomotive engines, 8. Cars-passenger, 12; baggage, etc., 6; merchandize, 125–143. Also, 14-26ths of 37 cars owned conjointly with the Worcester and Nashua Company. Operations for the year ending November 30, 1869.-Including the Fitchburg |