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liam B. Goodnow, Princeton, Mass.; William H. Morse. Hubbardstown, Mass. ; Levi Heywood, Gardner, Mass. IVERS PHILLIPS—President......

Worcester, Mass. Treas. and Clerk-Wm. E. Starr. Worcester, Mass. | Chief Engineer-Alfred R. Field, Greenfield, Mass.

PRINCIPAL OFFICE AND ADDRESS... ...Foster Street, Worcester, Mass.

NORTHERN CENTRAL RAILWAY.

Line of Road.-Baltimore, Md., to Sunbury, Pa......

138 m. Canton Extension (Baltimore to Canton).....

Wrightsville, York and Gettysburg RR. (York to Wrightsville). 12

Shamokin Valley and Pottsville RR. (Sunbury to Mt. Carmel)..28 Leased : Elmira and Williamsport RR. (Williamsport to Elmira).... ..78 Chemung RR. (Elmira to Watkins).....

.22 Elmira and Canandaigua RR. (Watkins to Canadaigua).. .47–187 Total length of main and branch lines and leased roads....

.339 m. Second track, 80; sidings, 45 miles. Gauge, 4 ft. 9 in. Rail, 64 lbs. to yard.

Statement showing extent of road and sidings in use, Dec. 31, 1862–69 inclusive :

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The Northern Central trains pass over the track of the Philadelphia and Erie Railroad between Sunbury and Williamsport, 40 miles, paying tolls for its use. The Company also have intimate connection with the Pennsylvania, the Erie and other Companies, enabling them to carry passengers and freight to Pittsburg and the West and to the Northern lake ports.

Rolling Stock (December 31).-Statement for the years 1862–69, inclusive:

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Operations (year ending December 31). -Statement for years 1864–69, inclusive:

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Passenger trains between-
Baltimore and Sunbury..

319,227 399,470 458,614 419,114 407,275 445,283 Williamsport and Elmira ..

99,461 98,010 Williainsport and Canandaigua

200.991 234.678 231,224 227,785 Sunbury and Mount Carmel

24,330 30,905 31,390 31,375 Freight trains betweenBaltimore and Sunbury.

717,806 725,103 637,323 732,655 936,278 971,206 Williamsport and Elmira... 193,579 173,535 Williamsport & Canandaigua.

232.108 220,505 394,521 479,021 Sunbury and Mount Carmel... 87,070 144,006 124,728 123,098 144,315 144,243 Distributing trains betweenBaltimore and Sunbury,

62,255 69.561 48,130 40,961 44,666 52,877 Williamsport and Elmira.

15,730 32,337 Williamsport & Canandaigua.

12,477 15,392 26,689 17,536 Total passenger trains.

418.748 497,480 683.938 624.697 669,889 704,443 Total freight trains.

908, 155 1,012,614 994.159 1,076,258 1,478,114 1,594,470 Total distributing trains,

77,985 101.891 60,607 56,353 64,355 70,413 Aggregate train mileage.... 1,495,188 1,612,015 1,738,704 1,817,308 2,212,358 2,369,326 Passenger traffic:

Passengers (N. C. & W. Br.).. 624,831 715.596 625.081 655,651 687,997 748,856 Passengers (leased railroads).. 130.023 153.666 239.923 342, 441 333,762 389,838 Passengers (all lines).

754.851 809,262 885,006 998,092 1.021,759 1,137,694 Mileage (N. C. RR.)...

25,001,226 27.873,655 19,165,709 17,919,957 17,542,288 20.028.657 Mileage (leased railroads) 6,377, 159 6.225.818 7.165,319 8.088,093 8.307,517 9,138,954 Mileage (all lines)..

31,381,385 34,099,503 26,331,028 20,008,050 25,849,805 29,167,611 Freight traffic:

Tons of freight (N. C. & W.Br.) 744.674 772,211 920.673 1.229.213 1,574,825 1,592,323 Tons of freight (leased RRs.).. 572,914 678,913 1.151,893 1,127,099 1,563,494 1.821,009 Tons of freight (all lines).. 1.317,585 1,451,157 2.075,566 2,356,312 3,138,319 3,413,332 Mileage (N. C. & W. Br.)... 50,911,369 53,867,810 56,505,861 72,855,194 91,063,742 88,612,711 Mileage (leased railroads). 14,811,973 16,162,243 23,951.853 21,981.334 40.749,121 49,453,513 Mileage (all lines)....

65,756,342 70,030,083 80,460,714 94,836,528 131,812,913 138,066, 224 Financial results of operating the main line and the connecting leased lines : Freight earnings.

$1,976.786 $2,272.499 $2.645,649 $1,795, 312 $2,928,361 $2,96A, 333 Passenger earnings.

956.801 1,105,039 1,032,307 651,298 914, 760 957.9772 Express earnings

75,568 91.633 90.999 73,144 90,501 89,693 U.S. transportation

721,938 522. S06

1.825 U. S. mail service...

39.050 39.030 42,475 25,450 44,160 38,508 Rents and other sources.

138,185 202,384 228,871 130,880 173,570 249,278 Gross earnings (N. C. RR.) * $3,025.492 $3,337,596 $2.986,611 $2,707.312 $2,950,940 $2.989,500 Gross earnings (leased lines). 882,836 897,471 1,055,515 983.556 1,200,412 1,314,284

Total gross earnings... $3,908,328 $4,235,068 $4,042,126 $3,690,868 $1,151,352 $4,303,784 Operating expenses (N. C. RR.)* 1,966,282 2,299 249 1.827.440 1,581,429 1,930.136 1,926.475 Operat'g expenses (leased lines) 731,605 961,837 1,046,712 897,280 1,032,192 1,090,506

Total operating expenses... $2,697,887 $3, 264,086 $2,874,152 $2,478,709 $2,962,328 $3,016,981 Nett revenue (N. C. RR.)*

1,059,210 1,038,347 1,159,171 1,125,883 1,020,804 1,063,025 Nett revenue (leased lincs).

151,231

8,803 86,276 168,220 223,778 Nett loss (leased lines)..

67,366 Total nett revenue..... $1,210,411 $970,981 $1,167,974 $1,212,159 $1,189,0241 $1,286,803

Earnings and expenses (exclusive of rent) of the leased lines severally: S. V. & P. RR.:

{ Earnings.. $226,318 $316,498 $348,138 $280,452 $277,763 $261,317 Expenses.

118.828 200.492 217.747 172.641 191.2.2 180.851 E. & W. RR.: Earnings.

656,518 580.973 517.531 395,149 528.626 562,933 Expenses.

612,777 764,315 596,402 390.812 433.235 478.080 Earnings.

80,985 127,537 160.399 185,503 Chemung RR. : | Expenses.

65.227 117.259 161,520 172,123 E. & C. RR.: | Earnings..

108,861 180.417 233.624 301,331 Expenses.

167,276 216,569 243,184 258,852

* Including Wrightsville Branch.

Operations under the leases were commenced : on the S. V. & P. RR., February 1, 1863; the E. & W.RR., May 1, 1863; the Chemung RR. and E. & C. RR., May 1, 1866. Total transactions for the years ending December 31, 1864–69, inclusive:

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$

$

$ Balance of cash assets, Jan. 1.

260.974 237.512 Gross earnings...

3,908,328 4,235,068 4,042, 126 3,690,868 4,151,352 4,303,784 Interest on investments

13,441 7,320 5,020 4,259 Interest on sinking fund.

12.737

31.627 20.780 Capital stock augmented

1,084,860 1,351,357 400 130.000 150.000 201,100 Bonds of 1900 issued.

724,500 340,000 1,110,500 922,000 Sinking fund for $150,000 loan

146,916 Real estate

6,993 636 Cash liabilities

477,668 192,114

359,626 Total....

5,280,340 6,308,955 5,142,733' 4,192,9001 5,412,488 5,786,510 Per contra : The charges and disbursements which follow: Operating expenses..

2,697,8871 3,264,086 2,874,152 2,478,7101 2,962,328 3,016,981 Interest and exchange.

295,614 320,547 433,269 443,863 434,872 486,179 Dividends on stock..

345,831 314,704 361,466 366,475 382.895 299,401 Taxes on stock and dividends

33,912 31,086 27,029 35,239 33,631 28,950 Discounts and abatements..

10,249 Rents of leased roads.

250,271 258,965 277,986 295, 143 291,167 303,040 Sinking funds--Appropriations. 155,562 53,000 53,000 53,000 int. and discounts.

50.717

101,000 83,000

34,299 Construction-main line..

620,394 1,385,568 186,127) 134,323 96, 498 565, 484 -Canton extension.

2,121 2,786 18,876 Equipment...

630,918

278,217 265, 135 472,741 868,297 B. & Susq. RR. bonds redeemed.

150,000 Real estate

39 11,741 70.650 17,295 127,648 110,178 City of Baltimore paid.

666,472 361,244 Discount on bonds of 1900..

47,143 95,156 Balance of cash assets, Dec. 31..

237,542 Cash liabilities decreased..

22,275 414,552 York & Cumb. RR. bonds paid.

25,000 Total.

5,280,340 6,308,955 5,142,733 4,192,900 5,412,488 5,786,510

General Balances (December 31).-Statement for seven years :

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$ Capital stock

2,260,000 4,518,900 4,518.900 4,518.900 4,648,900 4,798.900 5.000.000 Funded debt*

4,850,000 4,850.000 4,850,000 5,424,500 5,764,500 6,875,000 7,772,000 City of Baltimore..

850,000 850.000 361,245 Bills payable...

182.611 150,000 528.500 1,013.744 1,157,036 417.675 Interest, etc., accrued.

123,608 181.955 236,378 237.509 251.751 258.783 Pay-rolls, etc.

319,470 624,5:30 61.726 614,018 391,599 490.688 1,976,651 Foreign roads., 225,892 436,200 199,985 18,310 12,272

35,795 U. S, advance.

200.000 Indiv. and corporations.. 12,761 61,930 22,211

107,125 Profit and loss..

1,291,890 600,132 682,897 787,770 837,103 788.406 957,638 Total....

10,346,232 12,273,647 12,044,842 12,644,781 13,063, 151 13,772,372 15,706,289 Per contra : Charges on the following accounts: Railway

7,176,099 7,101,736 8,490,304 8,676,431 8,810,754 8,907,252 9,472,736 Canton extension.

318,399 320,520 323,306 342,182 342, 182 312,182 312,182 Real estate 421.746 421,785 433,326 504,176 514.478 641.490

751,668 Equipment

774,568 1,104,744 1,104,714 1,382,962 1,618,096 2,120,837 2,989,134 Road and equipment.. 8,690,812 8,951,785 10,351,880 10,905, 751 11,315,510 12,011,761 13,555, 720 Sinking fund, 1866.

98,956 116.894 134,894
1885.

201,147 238,771 278,786 332.196 375.000 431.000
general
100,000 125,250 163.005 207,500 252,500

766,500 Cash.

229.612 227,854 297.219 368,318 377.005 279.622 Dues uncollected

335,013 671,776 404.979 142.012 121,809 127.900 Stocks and bonds.

501,396 124,275

123,775 148,484 135,731 131,493 1,381,069 Individ, and corporations. 18.245 67.805

275,180 217,964 309,755 Materials and supplies. 271,051 C00,447 328, 159 309,835 312,632 225,341 Due on capital stock..

1,174,040

400 Total...

10,346,232 12,273,647

| 12,044,812 12,644,781 13,063,151 13,772,372 15,706, 289 Including sinking funde.

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The “funded debt” outstanding December 31, 1869, was composed of the following issues:

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1st mort. (Y. & C. RR. May 30, 1850. 6 May1&Nov.1 May 1, 1870. . $175,000 $175,000 $175,000 3d

Jan. 1, 1853.! 6 Jan.1&July 1 Jan. 1, 1877.. 500,000 500.000 500.000 1st mort.+ (N. C. RR.). Jan. 27, 1855. 6 Quarterly. Irred'mable. 1,500,000 1,500,000 1,500,000 2d

Dec. 20, 1855. 6 Jan.1&July 1 July 1, 1885 2,500,000 2,500,000 2,500,000 3d

Dec. 4, 1865. 6 Apr.1&Oct. 1 April 1, 1900. 1,223,000 1,223,000 1,223,000 Consol, mort.

July 1, 1868.

67 Jan.1&July 1 July 1, 1900. 16,000,000 1,874,000 1,874,000 * Guaranteed by City of Baltimore.

+ Maryland State loan (irredeemable). Payable in coin, free from U. S. tax.

$ Including $766,500 in sinking funds. To include and absorb all previous loans, except the $1,500,000 due State of Maryland. Dividends hereafter will be payable semi-annually, May and November.

Directors (elected February 24, 1870).-William Colder, Harrisburg, Pa.; A. E.. Kapp, Northumberland, Pa.; Henry Welsh, York, Pa.; Edward C. Biddle and John M. Kennedy, Phila., Pa.; S. M. Shoemaker, Baltimore, Md.; Jacob P. Jones, Edmund Smith and Wistar Morris, Philadelphia, Pa.; George Small and B. F. Newcomer, Baltimore, Md. ; Thomas A. Scott (rice J. D. Cameron), Philadelphia, Pa. J. D. CAMERON—President....

Harrisburg, Pa. J. N. Du Barry-Vice-President. Treasurer-John S. Leib.. Baltimore, Md. Master Mach.-C. M, Lewis. . Baltimore, Ud. Secretary-Robert S. Hollins.

Mast. Car Rep.-G. W. Demarest.. York, Pa.
Gen. Supt. & P.Agt.-A. R. Fiske. Harrisburg, Pa, Gen. Tkt. Agi.-E. S. Young.. Baltimore, Ma.
Asst. Gen. Supt.-J. A. Redfield.... Elmira, N. Y. Gen. Fgt. E.-J. M. Drill
Auditor-Stephen Little.. Baltimore, Md. Agents-W.-J.M.Schermerhorn. Buffalo, N. Y.
Road Master-J. De Haven... ...Harrisburg, Pa. Transfer Agent-Geo. Taber....Philadelphia, Pa.

PRINCIPAL OFFICE AND ADDRESS... Calvert Station, Baltimore, Md.
TRANSFER AGENCY... .No. 234 South Third street, Philadelphia, Pa.

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PHILADELPHIA AND ERIE RAILROAD.

(Leased for 999 years from February 1, 1862, to Pennsylvania Railroad Company.)

Line of Road.–Sunbury (Susq. Riv.), Pa., to Erie City (L. Erie), Pa... 287.6 m. Branch: Lewisburg Junction (9 m. W. Sunbury), Pa., to Lewisburg, Pa..... 2.0“ Sidings, turnouts, etc., 86.56 miles. Gauge 4 feet 9 inches. Rail, 56 lbs. to yard.

Rolling Stock (owned by lessees).–Locomotive engines, 108. Cars—passenger, 38; baggage, mail and express, 15; freight, 1,857; coal, 52—total, 1,962 cars.

Operations for the year ending October 31, 1869 :
Trains run-passenger, 502,224; freight, etc., 1,771,632—total, 2,273,856 miles.
Passengers carried—through, 25,980; local, 625,038—total, 651,038.

Freight moved—through, 177,157; local, 1,124,884—total, 1,302,041 tons, viz. : anthracite, 359,100; bituminous coal, 64,857; petroleum, 102,762 ; pig, rail and other iron, 59,207; ores, 18,144; lime and limestone, 22,817; agricultural products, 245,131 ; merchandize, 51,905; manufactures, 36,774; live stock, 7,455; lumber, 272,112 ; other, 61,797 tons.

Gross earnings-passenger, $672,964 46; freight, $2,507,082 93; mail and express, $55,944 18; other, $26,713 72-total, $3,262,705 29. Operating expenses, including taxes, $2,324,218 25. Nett earnings, $938,487 04. Interest on bonded debt, $869,040 77. Surplus to credit, $69,446 27.

3

Statement of operations and results for eight years :

1861-62. 1862-63. 1863-64. 1861-65. 1865-66. 1866-67. 1867-68. 1868-69. Average Length Oper'd.

(162 m.) (202 m.) (251 m.) (2876 m) (28732 m) (28772 m) (28732 m) 2874 m)

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General Balances.-Capital stock-common, 120,086 shares, $6,004,300; preferred, 48,000 shares, $2,400,000—total, 168,086 shares, $8,401,300; funded debt-1st mortgage 7 p. c. bonds, due October 1, 1877, $1,000,000; 2d mortgage 6 p. c. bonds, due March 31, 1881, $5,000,000; 3d mortgage 7 p. c. bonds, due July 1, 1888, $3,000,000 ; 4th mortgage 6 p. c. bonds, due July 1, 1920, $3,598,000-total, $12,598,000; floating debt, $40,794. Per contra': Cost of road, etc., $19,391,972 24.

Statement of financial condition for eight years :

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Capital stock.... 4,822.459 5,010,914 5,013,054 069,450 5,083.700 5.996,700 6,001,200 6.004,300 Funded debt.. 6,981,000 8,528,000 9,910,000 13,000,000 13,000,000 13,000,000 13,000,000 12,598.000 Floating debt... 157,739 80, 181 10,500 2,000

600 22,473 328,633 40,974 Total

11,961,198 13,619,125 14,963,554 18,071,450 18,083,3001 19,019,17319,328,833 18,613,274 Per contra : Cost of construction, etc. : Railroad, etc.... | 12,129,857 13,930,319 15, 760,623 17,682,706 17,869,733 19,014,865 19,350,998 19,391,972

The accounts stated in the reports published by the Pennsylvania RR. Co., as lessees, will be found under the exhibit of that corporation. See Pennsylvania RR.

Directors.-Edward F. Gay, J. Edgar Thomson, H. During, Samuel T. Bodine, Washington Butcher, Jacob P. Jones, John M. Kennedy, Henry D. Moore, Charles F. Norton, Joseph W. Gaskill, Josiah Bacon, Wistar Morris, and J. Alex. Simpson, Philadelphia, Pa. EDWARD F. GAY-President....

.Philadelphia, Pa. Sec. and Treas.-Geo. P. Little.. Philadelphia, Pa. | Gen. Supt.-Alfred L. Tyler........ Erie, Pa. PRINCIPAL OFFICE AND ADDRESS..

.Philadelphia, Pa.

LEAVENWORTH, ATCHISON AND NORTHWESTERN RR.

Line of Road.-Leavenworth, Ks., to Atchison, Ks.......

.22 miles. Gauge of track, 4 feet 9 inches. Weight of rail, 56 lbs. to yard.

Rolling Stock.-Locomotive engines, 4. Cars—passenger, 6; baggage, etc., 4total, 10 cars.

Operated by the Company only since December 27, 1859.

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