(Consolidation, August 20, 1866, of the Chicago and Rock Island Railroad, of Illinois, and the Chicago, Rock Island and Pacific--late Mississippi and Missouri-Railroad, of Iowa.) Chicago and Rock Island RR.-Chicago, Ill., to Rock Island, Ill...................... .182.0 miles. Total length of road owned by Company.... Peoria and Bureau Valley RR. (leased)-Bureau Junction, Ill. to Peoria, Ill. 46.0 .590.5 miles. The Peoria and Bureau Valley line is leased in perpetuity, at an annual rental of $125,000. The Mississippi and Missouri Railroad was the recipient of a land grant from Congress to the extent of about 500,000 acres. This grant belongs to the consolidated Company. For terms of consolidation, see MANUAL for 1868-9. Condensed Statement of Operations of the Company for seven years, ending Loaded cars, west.. east.. 31.228 31,589 32.708 47.623 52.400 56.723 879.879 441.570 472.557 7.98 8.42 8.46 38,558.462 56,539,150 63,414.831 59,218.395 79,565.903 87,522,432 119,974.437 2.69 2.58 3.50 3.45 3.05 3.35 2.98 31,099 30.176 39.359 51,662 55.097 66.352 75,105 105,639 459.986 598.914 654,435 846,787 4. Statement showing the number of loaded cars, and tons of freight, crossing the bridge at Rock Island, over the Mississippi River, for a period of seven years: 40,166 69.932 5. Statement giving the number of Steamers, Barges and Rafts passing the Draw of the Bridge for seven years: 58.371 50.963 41.451 37,258 40.218 80,027 6. Condensed Statement of the Earnings and Expenses of the road for a period of seven years: EARNINGS. 1862-63. 1863-64. 1864-65. 1865-66. 1866-67. 1867-68. 1868-69. Condensed Statement of the general Balance Sheets of the Company for a period Railroad and equipment... 7,069,727 7,429,433 7,480.923 8,050,132 15,313,823| 17,251,433| 22,444,242 Fuel and materials.. Other assets, etc.... Cash and bills... Total.. 156.976 207.260 257.218 42.268 401.414 232.523 745,738 1,126,931 1.717.169 3.609,302 99,612 209,830 625,700 726,661 881,483 1,475,771 3,300,046 1,971,964 7,743,037 8,444,832 9,485,582 10,315,764 18,506,763 24,160,781 24,515,809 The Bonds of the old Chicago and Rock Island Railroad Company, to the amount of $1,397,000, are payable July 1, 1870. The Consolidated Bonds of the Company, to the amount of $9,000,000, are payable July 1, 1896, and were issued for the following purposes, to wit: for funding of the Bonds of the Chicago, Rock Island and Pacific Railroad of Iowa, $5,500,000; for paying bonds ($1,397,000) of the Chicago and Rock Island of Illinois, $1,400,000; for the payment of the Mississippi Bridge Bonds, $600,000; for the completion of the railroad in Iowa, $1,500,000. Statement showing the cost of Road and Equipment (estimating cost of Peoria and Bureau Valley Railroad at $1,250,000), and Earnings, Expenses and Profits from operations, etc., yearly, for the ten years ending March 31, 1869: Deductions from the above, giving Cost of Road, etc., per mile; earnings, etc., per mile; and rates of Expenses to Earnings and of Profits to Cost, with the Dividends, etc., annually: The average length of road operated in 1866-67 was 340 miles, in 1867-68, 425 miles, and in 1868-69 about 520 miles. Since the date of the last annual report, the Company have issued 20,000 shares of stock for the purpose of providing the means for completing and equipping it. The company have also guaranteed the First Mortgage Bonds of the Chicago and South-Western Railroad Company, to the extent of $20,000 per mile of its road, which is to extend from Washington, Iowa, to the city of Leavenworth, a distance of about 250 miles. Directors (elected first Monday in June, 1869).-John F. Tracy, Chicago, Ill. David Dows, Wilson G. Hunt, O. De Forest Grant and Charles R. Marvin, New; York City; Robert A. Forsyth, Newburg, N. Y.; Milton Courtright, William L. Scott and John Hearn, Erie, Pa.; Henry H. Porter, Chicago, Ill.; George L. Davenport and Ebenezer Cook, Davenport, Ia., and B. F. Allen, Des Moines, Ia. |