Page images
PDF
EPUB

DELAWARE, LACKAWANNA AND WESTERN RAILROAD.

Line of Road.-Great Bend, Pa., to Delaware River, Pa............... Warren RR.-Delaware River, Pa., to Clarksville, N. J..21.04 Morris and Essex RR.-Phillipsburg to Hoboken, N. J..89.00 Cayuga and Susquehanna RR.-Oswego to Ithaca, N. Y.34.61 Oswego and Syracuse RR.—Oswego to Syracuse, N. Y..36.29 Used Erie Railway-Great Bend, Pa., to Oswego, N. Y..

Leased:

:

.113.00 m.

..36.80-217.74

Total length of railroad owned, leased and used under contract....330.74 m. Second track, 60; sidings, etc., 42 miles. Gauge, 6 feet. Rail, 65 lbs. to yard.

The Company are also constructing an extension from the Boonton Branch of the M. & E. RR. to Paterson and Hoboken, 34 miles, to be finished within the current year.

Rolling Stock.-Statement for eight years at date:

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small]

Operations.-Statement of business results for 7 years:

[blocks in formation]

Gross earnings

Disbursements, etc...

18.476 5,760

$1,757,083 $1,984,948 $1,733,320 $2,738,496 $2,613,979 $3,743,107 $2,417,324

928,940 1,263,167 1.694.649 2.023,672 2,697.835 1.948,459 1,632,319
1,170,855 1,338.656
5&5*
5&5+
232.919 443.118

Transportation..

Dividends..

466.668

Dividends, per cent..

Interest.

1,196,385 1.537,057 2,152.315
4&5
15&5 10&5 10&5&5
320,000 439,784 376.851 385.401

1,410,060 5&5

231,560

[blocks in formation]

Total disbursements... $1,715,608 $3,041,274 $3,768,725 $4,971,329 $1,320,639 $3,814,691 $3,396,099

* Also, in July, 75 cents per share on scrip stock. + Also, on scrip, 1.56% and 2.08% per cent.

The above account shows a yearly deficit since 1863. It must be remembered, however, that this is a Coal Company, deriving their profits from mining and selling coal rather than from the business of transporting passengers and freight. The results of the coal department of the general business are not published.

General Balances.-Statement of financial condition for seven years:

[blocks in formation]

Capital stock ($50 p. share), 5,698,250 6,832.950 10.247.050 11,288.600 13,386,020 14,100.600 14,100,000 Funded debt. 4,571,000 3,491.500 3,491,500 3,370,500 3,308,000 3,683,000| 3.308.000 1,006,951 606,321 742,585 717,222 708,205 1,008,162 2,190,000 11,276,201 10,930,771 14,481,135 15,376,322 17,402,225 18,791,762 19,598,000

Floating debt.

Total

Per contra:

Construction..
Equipment..

Total.

Stock and debt in excess..

7,018,294 7,295.895 7,583,706 9,687,428 9,616,641 11,021,259 11.250.000 2,160,584 2,321,490 2,668,113 2,912,417 3,267,764 2,967,617 3,250,000 9,178,878 9,620,385 10.251,819 12.599,815 12,884,405 13.988,876 14,500,000 2,097,323 1,300,386 4,229,316 2,776,477 4,517,820 4,802,886 5,098,000

The funded debt outstanding October 31, 1869, was:

Description.

Interest. Rate. Amount.

1st mortgage (Lackawanna and Western RR.), due July 1, 1871.
1st mortgage (Del., Lack. & Western-Eastern extension), due Apr. 1, 75 April & Oct.
2d mortgage (Del., Lack. & Western RR.), due March 1, 1881..

Jan. & July.
Mar.&Sept.

[blocks in formation]

Managers (elected February 1870).-William E. Dodge and Moses Taylor, New York City; George Bulkley, Southport, Conn.; John I. Blair, Blairstown, N. J.; Rufus R. Graves, Lowell Holbrook and Simeon B. Chittenden, New York City; John Brisbin, Newark, N. J.; George Bliss, Percy R. Pyne and William Walter Phelps, New York City; Joseph H. Scranton, Scranton, Pa.; John C. Phelps, Wilkesbarre, Pa.; James Blair, Scranton, Pa.

[merged small][merged small][merged small][merged small][ocr errors][ocr errors][merged small][ocr errors]

PRINCIPAL OFFICE AND ADDRESS...... No. 26 Exchange Place, N. Y. City.

JACKSON, LANSING AND SAGINAW RAILROAD.

Line of Road.-Jackson, Mich., to Wenona, Mich.... Sidings, etc., about 10 miles.

10;

.116 miles.

Gauge, 4 feet 8 in. Rail, average, 54 lbs. to yard. Rolling Stock (January 1, 1869).-Locomotive engines, 10. Cars-passenger, mail, baggage and express, 4; freight (box, 52; platform, 100), 152—total, 166. Operations for the year ending December 31, 1868.-Gross earnings-passenger, $172,294 55; freight, $199,423 68; miscellaneous, $20,131 07-$391,849 30. Operat ing, repairs, etc., including taxes, $179,121 65. Nett revenue, $212,727 65. Interest, $127,958 71. Balance, $84,768 94.

General Balances (January 1, 1839).--Capital stock, $515,464 84; funded debt-1st mortgage 8 per cent. bonds, dated January 1, 1867, and due January 1, 1887, $1.495,000; 2d mortgage 8 per cent. bonds, dated March 1, 1868, and due March 1, 1878$400,000-$1,895,000; bills payable, $102,361 43; other liabilities, $40,824 72; balance to credit of income, $131,392 79.

Per contra: Cost of road and equipment, $2,598,023; materials and fuel, $15,000; bills receivable, $19,401 88; other current assets $4,774 10; cash, $47,854 80-total, $2,685,053 78.

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small]

.23 miles.

Line of Road.-Salisbury, Md., to Berlin, Md.............. Sidings, turnouts, etc., 2 miles. Gauge, 4 feet 84 inches. Rail, 40 lbs. to yard. Rolling Stock.-Locomotive engines, 2. Cars-passenger, 5; mail, baggage and express, 1; freight (box, 7; stock, 2; platform, 6; coal, 4), 19-total, 25 cars.

General Balances.-Capital stock, $160,000; funded debt, 1st mortgage 6 per cent. bonds, due July 1, 1888, $200,000; bills payable, $10,000. Per contra: Cost of road, etc., $375,000.

[blocks in formation]

Line of Road.-Cincinnati, O., to Lafayette, Ind.... Branches: Valley Junction, O., to Hagerstown, Ind..

Fairland, Ind., to Martinsville, Ind..................

[merged small][merged small][ocr errors][merged small][ocr errors]

Total length of road and branches owned, leased and operated.....289 miles. Sidings, turnouts, etc., 23 miles. Gauge, 4 ft. 84 in. Rail, 50 to 60 lbs. to yard.

The above, as far as the main line is concerned, includes the Cincinnati and Indiana Railroad, 20 miles, the ownership of which is now vested in the I., C. & L. Company. The branches are leased lines and are respectively the "Cincinnati and Martinsville" and the " Whitewater Valley" Railroads.

Rolling Stock.-Locomotive engines, 52. Cars-passenger, 40; baggage, mail and express, 12; freight, 1,020-total, 1,072 cars.

Operations for the year ending February 1, 1870.-Trains run-passenger, 598,203; freight, 504,005; other, 103,478-total, 1,205,686 miles. Passengers carried, 508,248. Freight moved, 441,881 tons. Gross earnings-passenger, $766,532 07; freight, $992,130 45; mail, express, etc., $61,970 37; rents, etc., $100,641 39-total, $1,921,274 26. Operating expenses, taxes, etc., $1,213,781 31. Nett earnings, $707,492 95. Paid interest on bonds and bills, $538,511 18.

General Balances.—Capital stock, $5,685,497 50; funded debt, $7,358,931 36; bills payable, $475,628 51; other liabilities $200,000-total, $13,720,057 37.

[blocks in formation]

Directors (elected October 29, 1869).-T. A. Morris, Indianapolis, Ind.; A. R. Forsyth, Greensburg, Ind.; L. B. Lewis, Lawrenceburg, Ind.; H. C. Lord and W. W. Smith, Cincinnati, O.; William A. Booth, John S. Kennedy and George Bliss, New York City; Joseph S. Fay, Boston, Mass.

[merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

(Successors by purchase from the State of Missouri to the Platte County Company.)

Line of Road.-Harlem (opp. Kansas City), to the State Line of Iowa....130 m. Completed and in operation: Harlem, Mo., to Maryville, Mo............................

.114 "

During the year ending March 31, 1870, this road was extended south from Leavenworth to Harlem, 24 miles, and north from Savannah to Maryville, 30 miles. Construction is now progressing rapidly to the Iowa Line, and will thence be carried on by an Iowa Company to Des Moines, crossing the Burlington and Missouri RR. at Alton, and at Des Moines connecting with the Chicago, Rock Island and Pacific RR. The earnings of the road during the year named have averaged $5,000 per mile per month.

To complete and properly equip the road the Company have issued their 1st mortgage 7 per cent. gold bonds, to become due in 1893, to the amount of $2,500,000, or $19,230 per mile of road.

[merged small][merged small][ocr errors]

Sec. & Treas.. Joseph S. Ford. | Supt. & Chief Eng'r. John F. Barnard. | Gen. Fgt. Agt..E. O. Hudson.
PRINCIPAL OFFICE AND ADDRESS.
St. Joseph, Mo.

DUBUQUE, BELLEVUE AND SABULA RR. (Projected).

Line of Road.-Dubuque, Iowa, to Sabula (opp. Savanna), Iowa.............35 miles. The section between Dubuque and Tete des Morts, 11 miles, is covered by the Dubuque and Pacific Railroad Charter, and has a land grant of six sections to the

mile of road. The sections thence to Sabula are to be constructed so as to secure an eastern connection.

Directors.—W. H. Sheffield, William Hyde Clark, W. W. Woodworth, T. C. Roberts, R. A. Babbage, C. C. Gilman, Dubuque, Iowa; John Stewart, Bellevue, Iowa. C. C. GILMAN-President...

Dubuque, Iowa.

Treasurer-R. A. Babbage.......Dubuque, Iowa. | Secretary-Charles Collins.......Dubuque, Iowa. PRINCIPAL OFFICE AND ADDRESS..

Dubuque, Iowa.

HUDSON SUSPENSION BRIDGE AND NEW ENGLAND RAILWAY (Projected).

Points Connected-Anthony's Nose, N. Y., to Fort Clinton, N. Y....
Length of bridge between the towers..

Total length of bridge, including approaches..
Height of bridge above high-water......

. 1,660 feet. ..1,665 .2,449

[ocr errors]
[ocr errors]
[blocks in formation]

Working safe load for the railroad lines, 2,400 tons. Working safe load for highways, 2,880 tons. Total safe load for the bridge, 5,280 tons. Load that would break the bridge, 25,171 tons. There are to be 20 cables in four systems. Each cable will be about 14 inches in diameter. The cables will contain about 70,302 miles of steel wire, or 17,005 tons. Total amount of masonry, 58,084 cubic yards. Total suspended weight, 9,651 tons. Towers above water, 280 feet. The bridge will leave the waterway untouched.

Cost of the whole work, $3,500,000 to $4,000,000.

Authorized capital stock (which may be increased by the vote of a majority of stockholders), $2,500,000, in $100 shares.

This Company is authorized by the Legislature of the State of New York to consolidate with the connecting roads leading from the Erie Railway to the City of New York and to New England.

JOHN M. COURTENAY-President...

Directors.-George B. McClellan, Edward W. Serrell, John M. Courtenay, Andrew Carnegie, Caleb H. Malin, Charles J. Pusey, David Lyman, N. P. Stanton, A. C. Ellis, Edward R. Wiswell, L. T. Guthrie, R. J. Hubbard and S. Duryee. .New York City. Vice-President-Andrew Carnegie.....N. Y. City. | Counsel-Charles A. Rapallo.. N. Y. City. Treasurer & l Charles J. Pusey.. Chief Engineer-Edward W. Serrell. Secretary Consulting Eng.-Geo.B. McClellan Hoboken, N.J. PRINCIPAL OFFICE AND ADDRESS....78 and 80 Broadway, New York City.

OGDENSBURG AND LAKE CHAMPLAIN RAILROAD.

.1.00

Line of Road.-Ogdensburg, N. Y., to Rouse's Point, N. Y...........118 miles.
Potsdam, N. Y., to Lumber Mills...
Summit, N. Y., to Gravel Bed.......
Champlain, N. Y., to River Landing....

Branches:

.1.25
1.75-400

[ocr errors]

Total length of main and branch lines operated by Company.... 122 miles. Sidings, turnouts, etc., 18.72 miles. Gauge, 4 feet 8 inches. Rail, 56 to 60 lbs.

Rolling Stock (April 1, 1869).—Locomotives, 31. Cars-passenger, 16; baggage and mail, 8; freight, 817-841 cars.

« PreviousContinue »