Page images
PDF
EPUB

CATAWISSA RAILROAD.

(Leased December 1, 1865, to the Western Central and the Atlantic and Great

Western Company.)

Line of Road.—Milton, Pa., to Little Schuylkill Junction, Pa........ 65.0 miles. Branch: Summit (61 m. E. Milton), to Coal Mines....

2.5 Sidings, turnouts, etc., 5 miles. Gauge, 4 feet 84 inches. Rail, 56 lbs. to yard.

Rolling Stock.-Locomotive engines, 21. Cars—passenger, 9; baggage, mail and express, 5; freight, 535; and coal 50—total, 620 cars.

Operations for the year endiny October 31, 1869.—Trains run-passenger, 56,260 ; freight, 218,721 ; and coal 32,329—total 307,310 miles. Freight moved-coal, 76,556 ; lumber, 127,193 ; and other, 351,054—total, 454,801 tons. Gross earningspassenger, $69,392 35; freight, $349,174 42 ; mail and express, $4,136 74; and other, $202,428 15—total gross earnings, $625,131 66. Operating expenses, including taxes, $446,789 79; nett earnings, $178,341 87; dividends on preferred stocks, two of 3 and 3}, November '68, and May '69, $146,300.

General Balances.-Capital stock-common, 23,190 shares, $1,159,500; and preferred—44,000 shares, $2,200,000—total, 67,190 shares, $3,359,500; funded debt1st mortgage bonds, 7 per cent., due February 1, 1882, $235,500 ; and chattel mortgage bonds, due in 1880, $24,500; in 1888, $110,000; and in 1889, $75,350—total, $445,350. Total stocks and bonds, $3,804,850. Cost of railroad and equipment, $3,826,500.

Statement of condition and results of operations for eight years :

[blocks in formation]
[blocks in formation]

$3,350,000 $284,000 $115,752 $3,634,000 $275,880 31 $6,058 14
3,350,000 284,000 68,380 3,634,000 308,567 75 11,465 74
3,350,000 284,000

3,634,000 380,488 84 143,872 93
3,350,000 279,000

3,634,000 370,223 33 188,852 79 3,350,000 266,000

3,634,000 42,231 99 16,371 88 3,359,000 262,500

3,634,000 502,917 98 143,361 93 $77,000 3,359,000 371,000

3.634,000 540.542 95 157,386 34 +132,000 3,359,500 345, 350

3,826,500 625,131 66 178,341 87 146,300

3% 6 6%

• Operations for the month of November only, the Western Central and the Atlantic and Great Western Companies having taken possession under lease of December 1. 1865.

+ On preferred stock only.

Directors.-Samuel V. Merrick, Emmor Weaver, J. V. Williamson, Francis K. Shipper, Ellwood Shannon, and J. E. Kingsley, Philadelphia, Pa.

M. P. HUTCHINSON— President & Gen. Manager... Philadelphia, Pa. Secretary-Edward Johnson. ... Philadelphia, Pa. Master Mach'y-A, J. Prescott..... Catawissa, Pa, Treasurer-W. L. Gilroy.

Mart. Car. Reps.-G. K. K. Mudgett Superintendent-George Webb.. Williamsport Tkt. & Fot. Agt.--Gilbert Riter. Philadelphia " Asst. Supt.-J. W. Alden..

Cata wissa Road Master_-G, W. Yetter....... Catawisss PRINCIPAL OFFICE AND ADDRESS. No. 424 Walnut St., Philadelphia, Pa.

66

CONNECTING (Philadelphia) RAILROAD.

(Opened June 1867, and leased to Philadelphia and Trenton Company.)

[ocr errors]

Line of Road.—Pennsylvania RR. to Philadelphia and Trenton RR..6.78 miles. Second track, 6.78, and sidings, 2.75 miles. Gauge, 4 feet 9f in. Rail, 67 lbs. to yard.

Operations for the year ending October 31, 1869, (included in return of lessees.) Passengers carried, 552,452. Freight moved, 348,025 tons. Gross earnings from tolls—passenger, $81,031 07; freight, $20,457 22; and other, $226—total, $101,714 26. Operating expenses, $99,383 86; nett earnings, $2,330 40. Dividends on stock paid by lessees, 6 per cent. per annum, $76,698.

General Balances.-Capital stock, 36,000 shares, $1,800,000; paid in, 25,566 shares, $1,278,300. Funded debt—1st mortgage, 6 per cent. bonds, in series A, B, C, D, and E, of $200,000 each, due September 15, 1890–94, $1,000,000—total stock and bonds, 2,278,300. Cost of railroad and appurtenances, $2,278,300.

Directors.-Wistar Morris, Josiah Bacon, Thomas A. Scott, Joseph B. Myers,
Herman J. Lombaert and Washington Butcher, all of Philadelphia, Pa.
J. EDGAR THOMSON-President......

Philadelphia, Pa.
Edmund Smith-Secretary and Treasurer.
PRINCIPAL OFFICE AND ADDRESS.

.Philadelphia, Pa.

[ocr errors]

BOSTON AND LOWELL RAILROAD.

(Operated under agreement of October 1, 1858, made between the Boston and Lowell

and the Nashua and Lowell Companies, whereby the railroads of the two companies are to be worked, for 20 years from date, as one line, and the earnings and expenses divided in the proportion of 69 to the former and 31 to the latter Company. The accounts of each company are made up on this basis.)

[ocr errors]

66

[ocr errors]

60

Line of Road.-Boston, Mass., to Lowell, Mass.....

26.75 miles. Branch: South Woburn, Mass., to Woburn Centre, Mass.

1.88 Total length of main and branch line owned....

.28.63 miles. Second track, 26.75; sidings, etc., 18.25 miles. Gauge, 4 feet 84 inches. Rail, 60 lbs.

Lowell and Lawrence RR. (Lowell to Lawrence)....... 12.35 miles.

Salem and Lowell and Essex RR. (Tewkesbury to Salem) .19.88
Leased :
Stoneham Branch RR. (Stoneham to East Woburn)..

2.37 Horn Pond Branch RR. (Horn Pond to B. & L. RR.)......... 0.66 -total length operated, 63.87 miles. Including the Nashua and Lowell and leases, the total length of the line is 106.61 miles.

Rolling Stock.-Locomotive engines, 29. Cars-passenger, 35; baggage, mail and express, 17; and merchandize, 533—total, 585 cars. Also, 199 gravel cars.

Operations for the year ending November 30, 1869 :

Miles run by trains-passenger, 283,708, and freight, 241,654—total, 525,362 miles. Passengers carried, 1,298,904; carried one mile, 18,587,217. Freight moved, 442,962 tons; moved one mile, 12,330,813 tons.

Gross earnings-passenger, $452,732 72; freight, $575,962 75; mail, $5,953 22 ; express, $17,873 61; and other, $19,358 54—total earnings, $1,071,880 84.

Current expenses, including taxes, $782,680 31; rents paid leased roads, $42,005 77; interest on bonds, $18,862 86: interest, 3 p. c. on scrip, $10,980; dividends, two of 4 p. c. each, $174,240 ; surplus not divided, $23,753 36.

Condensed statement from balance sheet:

Capital stock..
Convertible bonds, 68, 1873.
Plain bonds 6s, 1879..
Dividend certificates, 3s, 1873.
Bills payable..
Sundries.
Contingent fund
Dividend No. 66..
Interest on scrip.

Total.

$2,195,000 00 Cost of road

75,000 00 Cost of rolling stock
200,000 00 Cash...
366,000 00 Notes.
100,000 00 East Cambridge Flats.

4,674 40 Sinking Fund..
221,255 42 Material charged,
87,800 00 B. & L. and N. & L. Railways.

10,980 00 Suspense account..
$3,260, 709 82 Total...

$2,469,954 76

183,345 36 25,628 34

4,354 38 67.228 58 358,104 84 138,468 58

13,724 98 $3,260, 709 82

Financial condition and results of operations for 10 years :

[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]

A 3 per cent. scrip dividend of 20 per cent. ($366,000) was distributed to stockholders Jan. 1, 1867, and will be payable Jan. 1, 1873, in money or stock.

The capital stock has been increased by the conversion of the bonds of 1853–73 in the amount of $365,000.

The Company have made arrangements to purchase the Stoneham Branch Railroad and the Lexington and Arlington Railroad.

Directors (elected January 3, 1870).-F. B. Crowninshield, George W. Lyman, 'J. G. Abbott and Wm. Minot, Jr., Boston, Mass; and Hocum Hosford, Lowell, Mass. F. B. CROWNINSHIELD— President...

Boston, Mass. Gen. Manager-George Stark...... Boston, Mass.

Master Mach'y-L, R. Winslow.....

..Boston, Mans. Treasurer-C. E. A. Bartlett...

Mast. Trans.-C. E. Paige.. Lowell, Gen. Supt.-John B. Winslow..

Gen, Tkt. Agt.-B. F. Kendrick... Nashua, Chief Eng.-M. W. Ohsir... .. Nashua, N. H. Gen. Fgt. Agt.-J. S. Lincoln..... . Boston,

PRINCIPAL OFFICE AND ADDRESS.. ...Causeway St., Boston, Mass.

ENTERPRISE RAILROAD.

(Leased to and operated by Philadelphia and Reading Railroad Company.)

Line of Road.-Locust Gap Junction, Pa., to Shamokin, Pa...... 6.5 miles. Branches 4.9, and sidings 1.5 miles. Gauge, 4 ft. 81 in. Rail, 50, 56 and 64 lbs. to yd.

General Balances (November 1, 1869).-Capital stock, 20,000 shares, $500,000; paid in, 13,585 shares, $334,700 ; floating debt, $5,533 10——total capital and debt, $340,233 11. Per contra : Cost of road, $339,816 25.

Directors.—Thomas Baumgardner, Lancaster, Pa. ; Charles Sinnickson, Peter C. Hollis, Franklin B. McGowen and Thomas Miles, Philadelphia, Pa. THOMAS BAUMGARDNER— President....

.Lancaster, Pa. Suc. de Treas.-Peter C. Hollis. . Philadelphia, Pa. / Superintendent-Wm. H. Bines. Mahanoy Place, Pa. PRINCIPAL OFFICE AND ADDRESS..

Philadelphia, Pa.

EAST MAHANOY RAILROAD.

(Leased and operated by Philadelphia and Reading Railroad Company.)

Line of Road.-East Mahanoy Junction, Pa., to Waste House Run, Pa..7.54 miles, Branches, 1.07; owned by lessees 1.98 mile. Gauge 4 ft. 81 in. Rail, 60 lbs. to yard.

Operations.-Included in returns of Reading Company. Dividends, two in January and July, each 3 per cent., $23,553.

3 General Balances.-Capital stock, 10,000 shares, $500,000; paid in, 7,851 shares, $392,550. Per contra: Cost of road and appurtenances, $391,603 93.

Directors.-H. Pratt McKean, A. E. Borie, R. B. Cabeen, J. B. Lippincott, John Ashhurst and Stephen Colwell, Philadelphia, Pa. FRANKLIN B. GOWENPresident.....

.Philadelphia, Pa. Secretary-Albert Foster...... Philadelphia, Pa. 1 Treasurer-Richard Coe.. . Philadelphia, Pa. PRINCIPAL OFFICE AND ADDRESS..

Philadelphia, Pa.

EAST BRANDYWINE AND WAYNESBURG RAILROAD.

(Leased to and operated by Pennsylvania Railroad Company.)

Line of Road.-Downingtown, Pa., to Waynesburg, Pa....... .17.5 miles. Sidings, etc., 0.34 mile. Gauge, 4 feet 87 inches. Rail, 45 and 55 lbs. to yard.

General Balances.-Capital stock, 5,700 shares, $285,000; paid in, 1,823 shares, $89,800; Funded debt-1st mortgage 7s, due July 1, 1885, $140,000; and 2d mortgage 8s, due January 1, 1873—total, $175,000; and floating debt, $2,000. Total stocks, bonds and debt, $266,800. Per contra : Cost of road and appurtenances, $264,800; real estate, $2,500.

Directors.—James M'Clune, Philadelphia, Pa.; Samuel Jones, Rockwell, Pa. ; L. F. Roberts, William D. Smith and Thomas Millard, Loags, Pa.; John S. Parker, Wallace, Pa.; William Morton, William P. Buchanan, Joseph C. Davis and Samuel H. McConnell, Honeybrook, Pa.; and Joseph M. M'Clure and David Shelmire, Downingtown, Pa. JOHN CORNOG—President......

Wallace, Pa. Secretary-Thomas Millard.. ...... Loags, Pa. I Treasurer-John G. Lewis ......... Honeybrook, Pa.

PRINCIPAL OFFICE AND ADDRESS.... .Honey brook, Chester Co., Pa.

EVANSVILLE AND CRAWFORDSVILLE RAILROAD.

12;

Line of Road.-Evansville (Ohio River), Ind., to Terre Haute, Ind...109 miles. Extension : Terre Haute (Wabash River), Ind., to Rockville, Ind..... 23 Sidings etc., 10 miles. Gauge, 4 feet 84 inches. Rail, 56 lbs. to yard.

Rolling Stock (August 31, 1869).—Locomotive engines, 15. Cars—passenger, baggage, etc., 5; and freight, 201. Also, 44 service cars.

Operations for the year ending August 31, 1869.—Gross earnings-passenger, $185,283 68 ; freight, $245,775 32 ; express, $12,488 48; mail, $9,400 ; rents, $295 ; and use of engines and cars, $3,735 62—$456,978 10; current expenses, $285,451 29 ; nett earnings, $171,526 81 ; interest on bonds, $93,035 03 ; U. S. taxes, $5,188 12 ; local taxes, $8,410 57, leaving nett revenue, $64,893 09 (applied to redemption of twentyseven bonds, $22,766 ; to construction, etc., $10,643 36). No dividends.

Comparison of accounts for ten years :

[blocks in formation]

General Balances (August 31, 1868).—Capital stock—common, $1,044,030 17 ; and preferred, $100,000—$1,144,030 17; funded debt, $1,213,000 ; due other lines, $10,793 55; other liabilities, $38,018 84; income expended for construction, $414,667 67; balance, $54,562 72—total, $469,230 39.

Per contra : Cost (road, $2,410,284 33; and equipment, $361,413 81), $2,771,698 14; real estate, $6,888 70; stocks, $1,000; fuel and supplies, $28,022 35; cash, $40,946 22 ; due from agents, $16,750 42 ; open accounts, $9,767 42. Total, $2,875,673 25.

The funded debt is described as follows:

66

1

1st mortgage (main line) 7 per cent, bonds of 1852, due January 1, 1869..

. $350,000 18t

7
1854, " May 1, 1869...

740,000 1st (Rockville Extension) 7 per cent. bonds, due February 1, 1881.

150,000 -principal and interest payable in New York City.

The first mortgage (main line) bonds, due in 1869, are exchangeable into new sinking fund bonds having 20 years to run, and are now in process of conversion.

Directors (elected October 5, 1869).—John Ingle, Jr., Samuel Orr, J. S. Hopkins and William Baker, Evansville, Ind.; L. S. French, Patoka, Ind. ; J. W. Maddox Vincennes, Ind.; Joshua Alsop, Carlisle, Ind. ; H. K. Wilson, Sullivan, Chauncey Rose, J. H. Turner and W. R. McKeen, Terre Haute, Ind. ; G. K. Steele and J. J. Daniels, Rockville, Ind.

JOHN INGLE, Jr.-President and Superintendent..... Evansville, Ind. Treas. & Sec.-J. E. Martin.. .Evansville. Mast. of Mach'y-J. L. White.... Evansville. Assl. Supt.-L. Pearson...

Master Car Repairs-A. Sharra. Chief Engineer--C. C. Genang.

Gen. Ticket Agt.-J. S. Martin Road Noster-George E. Hedges.... Terre Haute. Gen. Fgt. Agt.-A. E. Shrader.. PRINCIPAL OFFICE AND ADDRESS.

..Evansville, Ind.

Ind. ;

[ocr errors]
« PreviousContinue »