$363,886 06; telegraph, $27,886 62; stations and termini, $665,203 56; steamboats, $325,357 43; general, $185,142 28; lease rents $87,445 45-total, $2,971,639 58. Nett earnings from operations, $1,257,424 85.

Taxes, dividends and interest to the State in 1869-taxes, $219,171 71; dividends, $28,870; interest, $2,640-total, $250,681 71.

In 1835 the way freight on railroad was 1,451; in 1840, 3,356; in 1845, 7,480; in 1850, 20,515; in 1855, 71,764; in 1860, 83,543; in 1865, 182,541; in 1869, 429,029 tons.

Receipts and disbursements on all accounts for 1869.-Gross earnings-canal, $1,035,260 54; railroad, $3,789,064,43; use of cars, Phila. & Trenton RR., $440,000; steam towing and auxiliary roads, $656,355 23-total, $5,920,680 20. Disbursements— canal, $303,008 14; railroad, $2,531,639 58; cars for Phila. & Trenton RR., $440,000; steam towing, $447,640 03; interest and general expenses, $864,411 65; taxes, $207,055 27-total, $4,793,754 67. Nett earnings, $1,126,925 53, from which deduct State taxes of New Jersey Railroad, $96,834 03, and there remains a balance to credit of income amounting to $1,030,091 50. ` Two dividends of 5 per cent. each were paid on the stocks of both companies.

General Balances.-Capital stock-Delaware and Raritan Canal, $4,999,600; Camden and Amboy Railroad, $5,000,000; scrip of Delaware and Raritan Canal of 1868, $372 50—total stock and scrip, $9,999,972 50; funded debt, $9,751,401. Total stock and bonds, $19,751,373 50. Per contra: Cost of works-canal, $4,647,682 66; railroad, $12,361,557 28-total, $17,009,240 94.

Directors (elected April, 1869).-Joseph P. Bradley, Newark, N. J.; Benjamin Fish, Trenton, N. J.; Cambridge Livingston, New York City; Ashbel Welch, Lambertville, N. J.; Samuel Welch, Philadelphia, Pa.

State Director-Samuel Stockton, Wrightstown, N. J.

SAMUEL F. STOCKTON-President of Canal Company. Trenton, N. J. WM. H. GATZMER-President of RR. Company....Philadelphia, Pa. Treasurer-Robert Stockton..... Princeton, N. J. | Auditor-Richard F. Stevens... Trenton, N. J. Secretary-Samuel T. Bayard.....Philadelphia, Pa. | Gen. Supt.-R. S. Van Rensselaer. Bordentown,N.J. PRINCIPAL OFFICE AND ADDRESS.. Princeton, Mercer Co., N. J.

CENTRAL PACIFIC RAILROAD.

Line of Road.-Sacramento, California, to Union City, Utah........ 742 miles. The Central Pacific Railroad Company was organized under the General Railroad Law of the State of California, with authority to construct a railroad from Sacramento to the western boundary of that State. By an act of Congress, passed July 1, 1862, it was authorized to construct the Western portion of the Pacific Railroad, and the same provision for Government aid was made in its favor as for the Union Pacific Railroad Company, which was chartered by the Federal Government for the reason that the line was wholly within territory subject to its authority. The act further provided that the Central Pacific of California might extend its line beyond the eastern boundary of the State, and until a junction was formed with the Union Pacific Railroad, which commenced the construction of its line on the Missouri River, at Omaha, and to receive Government aid in ratio to the mileage constructed. By an amendatory act, passed by Congress April 4, 1834, the Central Pacific was made a body corporate, with authority to own such portion of the road as it might construct east of the eastern boundary of the State of California. The Company possesses

ample chartered powers, both from the States of California and Nevada and from the Federal Government.

For that portion of its line between Sacramento and the base of the Sierra Nevada Mountains, a distance of 7.18 miles, the Government subsidy is at the rate of $16,000 per mile, in its 6 per cent. bonds. For the succeeding 150 miles through the Sierra Nevada, at the rate of $48,000 per mile; and $32,000 per mile for such other portion of the line constructed west of the Rocky Mountains. The Government subsidy is a second mortgage upon the road, the Company being especially authorized by an act of Congress to issue its own bonds equal in amount to the Government aid, as a first mortgage on the road. In addition to pecuniary aid, Congress granted to it ten alternate sections of public lands on each side of the line of the road-or 12,800 acres per mile.

The work of construction was commenced in February, 1863, and successive sections of the road opened as follows: from Sacramento to New Castle, 31 miles, in January, 1865; to Auburn, 36 miles from Sacramento, May 15, 1865; to Clipper Gap, 42 miles, June 10, 1865; to Colfax, 56 miles, September 4, 1865; to Secret Town, 66 miles, May 8, 1833; to Alta, 73 miles, July 10, 1833; to Cisco, 94 miles, November 9, 1866; to the summit of the Sierra, 105 miles, July, 1867; to the eastern boundary of the State, 138 miles, January, 1863. In 1833 about 362 miles were constructed. On the 15th of April, 1869, the line was opened to Monument Point, on Great Salt Lake, a distance of 667 miles from Sacramento. It was opened to Ogden City by the 10th of May, 1869, at which time the same point was reached by the Union Pacific Railroad, when a continuous line was formed between the Atlantic and Pacific Oceans.

The following table will show the distances between prominent points of the line, according to recent surveys, the elevations above sea-level, and the parts completed by the respective Companies:

Rolling Stock.-Locomotive engines, 147. Cars (all 8-wheel)-passengersleeping, 25; first class, 55; second class, 64; mail and express, 10; baggage, 15— total passenger train cars, 169; freight cars-caboose, 2; stock, 10; fruit, 20; box, 575; platform, 954-total freight cars, 1,561. Also, 200 hand, 145 section and 95 dump cars.

Operations for the year ending December 31, 1869.-Trains run-passenger. 679,013; freight, 1,677,346; construction, 472,375; service, 40,493 miles-total, 2,868,227 miles.

Passengers carried-westward, 142,293; eastward, 141,679; through, 29,100; local, 254,872-total, 283,972. Freight carried through-westward, 2,169; eastward,

3,018-total through, 5,187 tons; local-westward, 101,706; eastward, 170,431-total local, 272,137 tons-total local and through, 277,324 tons.

Gross earnings-Passenger, $2,537,099 46; freight, $2,590,910 25; other, $552,812 54-Total earnings, $5,670,822 25.

Operating expenses, $2,993,523 19. Nett earnings, $2,677,299 06. Ratio of expenses to earnings, 52.79 per cent.

Income Account for year ending December 31, 1869.-Nett revenue, $2,677,299 06. Against which was charged-interest paid, $1,734,604 99; taxes, $149,149 58; sinking fund, $10,000-total, $1,923,754 57. Surplus, $753,544 49.

General Balances.-Capital stock-authorized, $100,000,000; paid in, $40,097,290; bonded debt-1st mortgage bonds, $25,517,000; 2d mortgage bonds (subsidy), $25,517,000; other indebtedness, $7,871,777 (the character of which is not given)— total bonds and debt, $58,905,777-total stock, bonds and debt, $99,003,067.

Per contra: Construction account, $84,129,002; lands, $6,942,577; buildings, $2,159,718; engines, $1,846,500; cars, $1,988,125-total cost of road, etc., $97,094,922.

Directors.-Leland Stanford, Charles Crocker, A. P. Stanford, Charles Marsh, Mark Hopkins, E. H. Miller, Jr.; Sacramento, Cal.; C. P. Huntington, New York.

Line of Road.—Nebraska City, Nebr., to Fort Kearney, Nebr.......171 miles. Completed: Nebraska City westward......

20

Under contract: Nebraska City, Nebr., to Lincoln (State Capital), Nebr... 51
Capital stock authorized, $2,000,000.

The Company have a grant of 100,000 acres of land from the State of Nebraska to be applied to that section between Nebraska to Lincoln, and the counties along the line have subscribed liberally in bonds in aid of construction. Private subscriptions to the amount of $300,000 have also been obtained.

Directors.-F. A. White, Tolbert Ashton, William Fulton, John B. Bennet, James Sweet, N. L. Simpson, R. M. Rolfe, E. S. Hawley and H. S. Calhoun, Nebraska City, Nebr.

MEMPHIS AND LITTLE ROCK RAILROAD.

Line of Road.-From Miss. River, opp. Memphis, to Little Rock, Ark...131 m. This road consists of three divisions, the first extending from the Mississippi to the St. Francis River, 38 miles; the second from the St. Francis to the White River, 45 miles; the third from White River to Little Rock, on the Arkansas, 48 miles. The first division was completed in 1859; the second in December, 1865. The events of the war not only put an end to the construction of the middle link, but the eastern division was in a great measure destroyed. The Company have reconstructed

the portion destroyed, and are operating the eastern and western divisions, and are engaged in the construction of the middle division.

Rolling Stock.-Locomotives, 8; passenger cars, 2; freight (box, 45; platform, 23), 68. Baggage and mail, 1; express, 1.

The amount expended in construction has been about $2,300,000.

This sum has been realized above stock subscriptions and from sales of the Company's 8 per cent. bonds, secured by a mortgage on the road and on about 125,000 acres of land, which bear date May 1, 1860, and are payable thirty years after date, and are authorized to reissue to the amount of $1,300,000. The State of Arkansas has loaned this Company $900,000 in the form of 7 per cent. thirty year State bonds.

Directors.-R. C. Brinkley, H. B. Edmondson, Miles Owen, Jas. M. Lewis and Alex. McDonald.

R. C. BRINKLEY-President......

Memphis, Tenn.

Sec. and Treas.-J. W. Goodwin....... Memphis. Land and Gen. Agent-B. D. Williams.. Memphis.
Chief Engineer-James L. Meigs...
Superintendent-John Robertson....

PRINCIPAL OFFICE AND ADDRESS..

. Memphis, Tenn.

PENSACOLA AND LOUISVILLE RAILROAD.

(Successors to Florida and Alabama Railroad.)

Line of Road.-Pensacola, Fla., to Mobile and Montgomery RR.,
Rolling Stock.-Locomotive engines, 4.

service, 3-total, 34 cars.

Ala..45.2 m,

Cars-box freight, 6; platform, 25;

Original cost of road and equipment, about $1,300,000.

The road was ruined during the war, and the Company becoming bankrupt, was sold out by order of the District Court of Northern Florida. The purchasers formed the existing Company and reconstructed the road.

PRINCIPAL OFFICE AND ADDRESS..

Pensacola, Fla.

WESTERN NORTH CAROLINA RAILROAD..

142 miles.

Line of Road.-Salisbury, N. C., to Ashville, N. C.......
Junction (50 m. W. Salisbury), N. C., to Newton N. C.....3
Branches:
Catawba (38 m. W. Salisbury), N. C., to Lime Bed, N. C...5— 8

Total length of main and branch lines owned and operated......150 miles. Sidings, turnouts, etc., 5 miles. Gauge, 4 feet 8 inches. Rail, 53 lbs. to yard.

Rolling Stock.-Locomotive Engines, 5. Cars-passenger, 8; baggage, mail and express, 4; freight (box, 12; platform, 14), 26-total, 38 cars. Also, 1 road car. Operations. No returns obtained.

General Balances.—Capital stock (two-thirds subscribed by the State of North Carolina), $6,500.000. The Company are now issuing their 1st mortgage 8 per cent. bonds, dated March 1, 1870, and due January 1, 1890, $1,400,000; interest January and July. None have yet been sold. The only present debt of the Company is in bills payable to the amount of $36,000.

Directors (elected August 26, 1869).-J. J. Mott, Catawba, N. C.; Samuel McD. Tate and T. R. Caldwell, Morganton, N. C.; C. L. S. Corpening, Marion, N. C.; J. L. Henry, L. W. Woodfin and P. L. Caulen, Ashville, N. C.; C. T. Cowles, Charlotte, N. C.; W. H. Howerton and R. A. Caldwell, Salisbury, N. C.; R. F. Simonton, Statesville, N. C.; J. Bowman, Bakersville, N. C.

Line of Road.-Ashville, N. C., to State Line of Tennessee..
The Road is under construction, 10 miles being graded.

131 miles.

The capital stock of this Company is fixed at $10,000,000, toward which the State of North Carolina has appropriated two-thirds the amount in 6 p. c. bonds.

Directors.-G. W. Swepson, T. L. Clingman, J. C. Abbott, W. W. Rollins, R. M. Henry, George Gahagan, G. W. Deckey, J. R. Ammons, M. S. Littlefield, A. T. Davidson, Joe Keener and A. H. Jones.

M. S. LITTLEFIELD-President.....

Ashville, N. C.

......J. C. Turner

Ashville, Buncombe Co., N. C.

Secretary and Treasurer..........G. M. Roberts. | Chief Engineer...

PRINCIPAL Office and ADDRESS..

NEW HAVEN AND DERBY RAILROAD.

.13.33 miles.

Line of Road.-New Haven, Conn., to Ansonia, Conn...... Sidings, etc., 0.5 mile. Gauge, 4 feet 8 inches. Rail, 48 lbs. to yard. [This road is projected as a link in the New England and Erie Railroad, which is to extend west from Derby to Hudson River Suspension Bridge, near Peekskill, to Turner's on the Erie Railway.]

General Balances.-Capital stock authorized, $500,000; funded debt authorized, 1st mortgage 7 per cent. bonds, due May 1, 1888, $500,000. Estimated cost of road and equipment to completion, $1,000,000. The City of New Haven has indorsed $225,000 of the Company's bonds.

Directors.-Henry S. Dawson, Morris Tyler and Edwin Marble, New Haven, Conn.; George W. Shelton, Birmingham, Conn.; Charles L. English, Charles Att