holders. They are also to pay the floating debt of the Company (including interest due on or prior to May 1, 1868), amounting in principal and interest to $850,000; or, if exceeding this sum, the excess to be repaid by the Company, with 8 per cent. interest from the date of payment. And the Company are also to be allowed $8,000 per annum for the purpose of keeping up their organization, and for this purpose may draw $20,000, the excess over $8,000 to be repaid with interest. The lessees are also to construct an extension of the road from Jackson to a point of intersection on the Memphis and Ohio Railroad (Milan), to be paid for by the Company, at a valuation at the expiration of the lease. The sum total to be paid by the lessees, in the sixteen years, is estimated (exclusive of interest) at $3,797,016. PRINCIPAL OFFICE AND ADDRESS..... Water Valley, Yallabusha Co., Miss. WASHINGTON, ALEXANDRIA AND GEORGETOWN RR. Line of Road.—Washington, D. C., to Alexandria, Va............ .7 miles. This road connects the Baltimore and Ohio Washington Branch Railroad with the Orange and Alexandria Railroad, and if ever the Alexandria and Fredericksburg Railroad be finished, will form the connecting link between the northern and southern Atlantic seaboard systems of railroad. At the present time the property is in the hands of a Receiver. PRINCIPAL OFFICE AND ADDRESS. Maryland av. cor. Ninth St., Washington, D.C. DELAWARE RAILROAD. (Leased and operated by Philadelphia, Wilmington and Baltimore Company.) 84.5 miles. Line of Road.-Delaware Junction to Delmar (State Line)..................... Branches from Smyrna, Seaford and Townsend to Maryland Line........28.0 Sidings, turnouts, etc., 4.9 miles. Gauge, 4 feet 8 inches. Rail, 50 lbs. to yard. Rolling Stock.-Supplied by Philadelphia, Wilmington and Baltimore Co. Operations.-Included in returns of Philadelphia, Wilmington and Baltimore Company. Dividends two, January and July, 3 per cent. each. Lessees pay 6 per cent. on stock and bonds, together with corporate expenses, and in case of excess of nett earnings such excess is to be divided in the proportion of three to lessees and one to lessors. General Balances.-Capital stock-main line, $863,481 17; extension (Seaford to State line), $27,725-$891,206 17; donation by State of Delaware, $64,250; funded debt-1st mortgage 6 per cent. bonds, due 1875, $500,000; State loan 6 per cent. bonds, due 1876, $170,000; guaranteed 6 per cent. bonds, due 1875, $100,000; extension mortgage 6 per cent. bonds, $100,000; bonds of December 18, 1856, 6s, $22,750 -total, $892,750. Per contra: Cost of main line, $1,485,137 62; Extension RR, $164,073 26; S. & S. S. RR., $29,999 90; Dorchester Branch RR., $99,579 99; Townsend Branch RR., $24,102 23; depots, improvements, etc., $23,127 80-$1,826,017 80. Philadelphia, Pa. SAMUEL L. FELTON-President.... (Consolidation of the Milwaukee and St. Paul and the Milwaukee and Prairie du Chien Railroads, and the Railroads owned by the Co. since purchased or built) The consolidated railroads, as now existing, are as follows: Milwaukee, Wis., via Prairie du Chien, to St. Paul, Minn............. .405 miles. .196 95 Horicon (52 m. N.W. Milwaukee) to Berlin and Winneconne, Wisc....... 58 Milton (62 m. W. Milwaukee) to Monroe, Wisc.. Calmar, Iowa, to Clear Lake, Iowa.... Conover, Iowa, to Dacora, Iowa.. Mendota, Minn., to Minneapolis, Minn.............. Total length of main and branch lines in use May 1, 1870............. 44 39 64 42 The Company are now engaged in extending their Iowa line toward Yancton, Dakotah Territory, and also a section from Austin, Minn., to a connection at the Iowa line with the Cedar Falls Branch of the Illinois Central Railroad. The Company have also purchased a controlling interest in the Western Union Railroad, and are constructing a connecting road from Elkhorn to Eagle. The length of road operated during the year 1869, averaged 858 miles. Rolling Stock.-Locomotives, 145. Cars-passenger, 1st class, 71; 2d class, 10; sleeping, 9; baggage, mail and express, 54; box freight, 2,273; flat and stock, 480total, 2,897 cars. Operations for the year ending December 31, 1869.-Trains run-passenger, 946,786; freight, 2,063,899; wood and gravel, 377,874-total, 3,388,559 miles. Passengers carried-eastward, 374,532; westward, 436,371-total, 810,903; carried one mile, 45,408,400. Freight moved-eastward, 941,354; westward, 403,004-total, 1,344,358 tons; moved one mile, 157,749,854 tons. Gross earnings-passenger, $1,781,134 77; freight, $4,909,525 02; mail, $78,551 58; express, $233,691 92; news, $4,950; rents, $8,077 11; telegraph, $1,291 64; extra baggage, $8,085 81; sleeping cars, $30,439; elevators, $185,291 57; stock yards, $6,634 26—total, $7,250,668 68. Operating expenses, taxes, etc., $4,229,882 11. Nett earnings, 32 per cent., $3,020,786 57. Dividends paid February 15, 1870, from the earnings of 1869, on preferred stock 7 per cent. in cash and 3 per cent. in common stock, and on common stock, 3 per cent. in cash and 7 per cent. in common stock. General Balances.-Statement of affairs December 31, 1869: Statement of the funded debt outstanding January 1, 1869: 1st mortgage 8 per cent. (Palmer) bonds on Eastern Division. $793,000 5,487,000 66 66 1,316,000 Directors (elected June 5, 1869).—For three years: Alexander Mitchell, Milwaukee, Wisc.; Russell Sage, Frederick P. James, N. A. Cowdrey and Walter J. Gurnee, New York City; for two years: Selah Chamberlain, Cleveland, O.; S. S. Merrill, Milwaukee, Wisc.; Julius Wadsworth and James Buel, New York City; for one year: James G. Garner, Joseph M. Boker and Levi P. Morton, New York City. Stock, Transfer, Div. and Int. Office...No. 25 William St., New York City. .Milwaukee, Wisc. ROANOKE VALLEY RAILROAD. Line of Road.-Keysville, Va., to Manson, N. C..... Completed: Clarksville, Va., to Manson, N. C...... General Balances. -Capital stock (subscribed by Virginia, $307,402), $427,402. Cost of road, etc., $482,612. President...... William D. Haskins. | Treasurer.. E. A. Williams. PRINCIPAL OFFICE AND ADDRESS.... Clarksville, Muhlenburg Co., Va. MICHIGAN SOUTHERN AND NORTHERN INDIANA RR. MICHI (Now consolidated in Lake Shore and Southern Michigan Railroad.) Laterals: Lenawee Junction, Mich., to Jackson, Mich.. 41.90 4.18-274.50 “ Tracks owned jointly with Chicago, Rock Island and Pacific Co........ 516.56 m. 2.42 3.21 .522.19 m. Total length of railroad owned, leased and operated................ Sidings, turnouts, etc., 74.75 miles. Gauge, 4 feet 8 inches. Rail, 60 lbs. to yard. Rolling Stock.-Locomotive engines, 101. Cars-passenger, 94; express and baggage, 21; freight, 1,677; other, 4-total, 1,796 cars. Operations for the year ending June 30, 1869.-Trains run-passenger, 994,162; freight, 1,568,278; other, 215,242-total, 2,777,682 miles. Passengers carried, 942,942: carried one mile, 67,891,824. Freight moved—through, 250,627; local, 225,324—total 475,951 tons; carried one mile, 81,176,080 tons. Gross earnings-passenger, $1,764,813 80; freight, $3,195,731 06; mail expenses, $182,631 21; other, $83,016 11-total, $5,226,192 18. Operating expenses, taxes, rents, etc., $3,088,196 73. Nett earnings, $2,137,995 45. Interest on funded debt, §616,699 28; dividends-on preferred stock, 10 per cent., $53,350; on common stock, 8 per cent., $967,755 79—total dividends. $1,021,105 79; new equipment, $209,210 24; new bridges, $50,465 99; sinking fund. $162,000; balance of income, $87,513 65. General Balances.-Capital stock, including $533,500 preferred, $12,525,600; funded debt-1st mortgage 7 per cent. sinking fund bonds, due May, 1888, $5,256,000: 2d mortgage 7 per cent. bonds, due Nov., 1877, $2,693,000; 1st mortgage 7 per cent. (Detroit, Monroe and Toledo Railroad) bonds, due Feb., 1876, $924,000; 1st mortgage 7 per cent. (Goshen Line) bonds, due August, 1868; scrip for funded coupons. $440-total, $8,875,440. Total stocks and bonds, $21,401,040. Per contra: Costrailroad, $17,810,371 54; equipment, $3,267,818 16-total, $21,078,189 70. See LAKE SHORE AND MICHIGAN SOUTHERN RR., page 459. MONTGOMERY AND WEST POINT RAILROAD. 88.50 miles. Line of Road.-Montgomery, Ala., to West Point, Ga...... Total length of main line owned and operated by Company......116.90 miles. Sidings, turnouts, etc., 9.72 miles. Gauge, 5 feet. Rail, 56 lbs. to yard. Rolling Stock.-Locomotive engines, 21. Cars-passenger, 13; baggage, mail and express, 8; conductors', 8; freight (box, 77; platform, 28), 105-total revenue cars, 134. Also, 25 working and repair cars. Operations. No report received. See MANUAL for 1869–70. General Balances (March 1, 1868).-Capital stock, $1,644,224; funded debtincome 8 per cent. bonds, due July 1, 1870, $100,000; July 1, 1876, $306,900; mortgage 8 per cent. bonds, due July 1, 1881, $719,500; bonds overdue, $57,500—total, $1,183,900; bills and notes, $252,604 87; open accounts, $36,822 78. Per contra: Railroad, $2,444,766 84; rolling stock, $350,667; real estate, $111,440 73; materials and fuel, $84,289 88; stocks and bonds of other companies, $87,920; accounts and notes, $16,244 38; cash, $17,232 82.. Total, $3,117,561 65. Montgomery, Ala. CHARLES T. POLLARD-President...... .289 miles. Line of Road.-New Albany, Ind., to Michigan City, Ind...... Rolling Stock.-Locomotive engines, 34. Cars-passenger, 15; baggage, mail and express, 8; freight, box, 170; stock, 49; platform, 127; coal, 26-total revenue cars, 395. Also, 28 road and service cars. Operations for the seven months ending December 31, 1869.-Trains run-passenger, 491,668; freight, 125,344; service, 456,517—total, 1,073,529 miles. Passengers carried, 154,334; freight moved, 105,367 tons. Gross earnings-passenger, $209,171; freight, $254,234 54; mail, express, etc., $30,515 58; other, $6,090 53—total, $500,017 65. Operating expenses, taxes, etc., $378,390 34. Nett earnings, $121,627 31. General Balances.-Capital stock, $3,000,000; liabilities, $41,045 43; income balance, $121,627 31. Per contra: Cost of road and equipment, $3,000,000; current assets, $57,958 70; cash on hand, $104,714 04... .Total, $3,162,672 74. Directors (elected 1st Monday of June, 1869).—George F. Talman, Moses Taylor, Frederick Schuchardt, James H. Banker, Edward Minturn, Charles B. Leverich and John Stewart, New York City; James F. Joy, Detroit, Mich.; George L. Schuyler, John Jacob Astor, R. G. Rolston, Jonathan T. Wells and Isaac Bell, New York City. GEORGE L. SCHUYLER-President...... Asst. Supt.-E. H. Waldron.. Lafayette, " PRINCIPAL OFFICE AND ADDRESS. New York City. • 46 Gen. Ticket Agt.-S. K. Hooper. New Albany, Ind. New Albany, Floyd Co., Ind. 1 WESTERN UNION RAILROAD. (Consolidation January 17, 1866, of the Racine and Mississippi and the Northern Illinois Companies.) Line of Road.-Racine, Wisc., to Savann han | Port Byron, Ill.....181 miles. Sidings, turnouts, etc., 13 miles. Gauge, 4 feet 8 inches. Rail, 56 lbs. to yard. |