Financial Statement.-Funded debt, $2,055,500. Materials on hand, $200,518.66. The above are the only items concerning the financial condition of the company furnished by the trustees. On the 1st of January, 1872, the following statement was made Capital stock-common, $1,537,939.38; and preferred, $500,000. Funded debt-1st mortgage, 7 per cent twenty-year bonds, interest payable January and July, and principal in 1876, $2,055,500. Of these bonds $481,000 are a lien on the road in Rhode Island, and $1,574,500 on the road in Connecticut. The cities of Providence and Hartford hold each $500,000, secured by sinking funds; that for the city of Providence now amounting to $125,629.99; and that for Hartford to $151,457.33. Floating debt, large. Per contra Road and equipment, $4,204,866.39; exclusive of upwards of $500,000 expended by the trustees in charge. The capital account and funded debt have been stationary for the last ten years. Bondholders' Trustees.-George M. Bartholomew, Calvin Day and F. B. Cooley, Hartford, Ct.; and S. T. Olney, Henry Lippitt, Elisha Dyer and Benjamin Tripp, Providence, R. I. PRINCIPAL OFFICE AND ADDRESS.....No. 192 Asylum street, Hartford, Ct. STOCKBRIDGE AND PITTSFIELD RAILROAD. (Opened, 1850. Operated under perpetual lease by the Housatonic RR. Company.) Line of Road.-Housatonic (89 m. N. Bridgeport) to Pittsfield, Mass..21.93 miles. Sidings and other tracks, 3 miles. Gauge, 4 feet 8 inches. Rail, 56 and 60 lbs. Rolling Stock.-Supplied by lessees. Operations for the year ending September 30, 1872.-Trains run-passenger, 29,368; freight, 28,990-total, 58,358 miles. Passengers carried, 105,194; carried one mile, 1,247,163. Freight moved, 102,329; moved one mile, 1,126,478 tons. Out of the balance of earnings, $5,517.95 were paid as miscellaneous expenses, leaving $7,022.18 for the Housatonic Railroad, which pays an annual rent of $31,409. Payments from rent: Dividends, $26,061.80; taxes, $5,347.20. PRINCIPAL OFFICE AND ADDRESS. .Stockbridge, Mass.-Lessees, Bridgeport, Ct. ATLANTIC AND ONTARIO RAILROAD. (Projected.) .78.75 miles. Line of Road.—Hoosic, N. Y., to Salisbury, N. Y.................. Organized September 22, 1871.-Capital stock, authorized, $3,500,000; subscribed, $100,000, and paid in, $70,000. Per contra: Expended in engineering and agencies, $6,140.11. Directors.-Edward Crane and Daniel D. Broadhead, Boston, Mass.; Garret V. Lansing, Stillwater, N. Y.; Lindley M. Crane and L. W. Bristol, Ballston, N. Y.; George West, Milton, N. Y.; Leonard Northrup, Broadalbin, N. Y.; Daniel Edwards, Martin Kennedy and David Hays, Johnstown, N. Y.; Levi Vanney, Ephratah, N. Y. ; Frederick Ives, Salisbury, N. Y.; William G. Wait, Johnstown, N. Y. GEORGE WEST, President.. Milton, N. Y. Treasurer...... .........David Hays. | Secretary.....Lindley M. Crane. | Engineer...... H. R. Snyder. PRINCIPAL OFFICE AND ADDRESS..... .Ballston Spa, Saratoga Co., N. Y. SOUTH SHORE RAILROAD. (Opened, 1849.) Line of Road.-Braintree, (114 m. S. Boston,) Mass., to Cohasset, Mass..11.55 m. Sidings and other tracks, 1.78 miles. Gauge, 4 feet 8 inches. Rail, 52 lbs. to yard. Rolling Stock.-Locomotive engines, 3. Snow-plow, 1. Cars-passenger, 12; mail and baggage, 2; and freight, box, 4; and platform, 4-total revenue cars, 22. Also 7 gravel (4-wh.) cars. Operations for the fiscal year ending September 30, 1872.-Trains run-passenger, 51,872; freight, 8,291-total, 60,163 miles. Passengers carried, 488,419; carried one mile, 2,902,097. Freight moved, 34,127; moved one mile, 197,210 tons. Net earnings, $21,391.19. Payments from net carnings: Interest, $15,758.50; balance to surplus, $5,632.69-total surplus, $30,725.76. Construction... General Balance September 30, 1872. .$501,592 96 | Capital stock... Duxbury and Cohasset RR... 125,000 00 Funded debt..... Materials... Cash...... $259,685 00 275,000 00 Track (*) includes main, side and all other tracks. Cars (†) of all kinds, irrespective of wheelage. Directors.-Onslow Stearns, Oliver Ames and Uriel Crocker, Boston, Mass. ONSLOW STEARNS, President..... ..Boston, Mass. Superintendent....W. H. Bullock. | Treasurer..John M. Washburn. | Clerk.. .........Charles F. Choate. PRINCIPAL OFFICE AND ADDRESS...... .(Post-Office box 5063) Boston, Mass. SOUTH READING BRANCH RAILROAD. (Opened, 1850. Leased and operated by the Eastern Railroad Company.) .8.12 miles. Line of Road.-Peabody, Mass., to Wakefield, Mass.... Sidings and other tracks, 1.39 miles. Gauge, 4 feet 8 inches. Rail, 60 lbs. to yard. Rolling Stock.-None. Furnished by lessees. Operations for the year ending September 30, 1872.-Trains run: Passenger, 22,592; freight, 4,992-total, 27,584 miles. Passengers carried, 24,196; carried one mile, 143,500. Freight moved, 21,647 tons; moved one mile, 108,234 tons. Gross earnings--passenger, $4,697.34; and freight, $8,658.68-total $13,356.02. Operating expenses, $22,564.44. Deficit, $9,208.42. Financial Statement.-Capital stock ($300,000) paid in, $208,800; and floating debt, $106,204-total stock and debt, $315,004.19. Per contra: Cost of road and appurtenances, $315,004.19. Directors.-T. K. Lothrop, Franklin Haven and John Wooldredge, Boston, Mass.; and Henry L. Williams, Salem, Mass. ATTICA AND ARCADE RAILROAD. (In progress.) Line of Road.-Attica, N. Y., to Arcade, N. Y.... ..26 miles. Right of way has been obtained for nearly the entire length of road. Capital stock authorized, $250,000; subscribed, $25,000; and paid in, $2,500. BENJAMIN L. FOLSOM, President......Attica, Wyoming Co., N. Y. Treasurer-W. H. Ainsworth....Varysburg, N. Y. | Secretary-H. S. Joy......... .F. C. Cunningham. Engineer..... PRINCIPAL OFFICE AND ADDRESS.. .North Java, N. Y. ...Attica, Wyoming Co., N. Y. (Projected.) AUBURN AND DEPOSIT RAILROAD. Line of Road.-Deposit, Broome Co., N. Y., to Homer, Cortland Co., N. Y..69 m. Organized August 30, 1871. Capital stock authorized, $1,000,000; subscribed, $69,100; and paid in, $6,910. WARREN NEWTON, President.. .Norwich, N. Y. Treasurer......Burr B. Andrews. | Secretary.... .Lewis S. Hayes. | Engineer....... R. E. Hurley. AUBURN AND HOMER MIDLAND RAILROAD. (Projected.) .about 33 miles.. Line of Road.-Auburn, N. Y., to Homer, N. Y.... Organized October 24, 1871. Capital stock authorized, $1,000,000; subscribed,. $33,000; and paid in, $3,300. Directors.-William G. Wise, Henry G. Tompkins, J. L. Grant, Edward C.. Selover, Charles N. Ross, John S. Fowler and E. C. Avery, Auburn, N. Y.; J. M.. Schermerhorn, William T. Hicok, Charles O. Newton and Thomas D. Chollar, Homer, N. Y.; Bowers H. Leonard, Owasco, N. Y.; Eugene B. Hounds, Niles, N. Y. EDWARD H. AVERY, President. J. M. Schermerhorn, Vice-President... Secretary-David P. Wallis.......................Auburn, N. Y. | Treasurer. PRINCIPAL OFFICE AND ADDRESS.. ...Auburn, N. Y. .C. H Merriman. ...Auburn, N..Y.. ADIRONDACK RAILROAD. 66 Line of Road.-Saratoga Springs, N. Y., to Ogdensburg, N. Y......... 185 miles.. 60 In operation: Saratoga Springs, N. Y., to North Creek, N. Y.......... Sidings and other tracks, 2.25 miles. Gauge, 4 feet 8 inches. Rail, 56 to 60 lbs. Rolling Stock.-Locomotive engines, 3. Cars-passenger, 4; baggage, mail and express, 3; and freight, 56-total, 63. Operations for the fiscal year ending September 30, 1872.-Trains (mixed) run, 71,936 miles. Passengers carried, 30,012; carried one mile, 751,550: Freight moved, 29,902 tons; moved one mile, 1,108,759 tons. This road was built for the purpose of developing the lumber and mineral resources of the Adirondack wilderness, in which, by charter, the company are allowed to purchase and hold 1,000,000 acres of land, and to prepare for market the products of the forest, and to mine and prepare for the market iron and other ores and minerals found therein. The railroad being auxiliary and subordinate to the main objects of the company, the operations reported are no indication of the financial condition of the enterprise. The company have decided to extend the line of road to Ogdensburg and have filed the necessary articles of association, with power to increase the capital stock $5,000,000. They have also determined to build a branch line to connect with the Whitehall and Plattsburg RR. Financial Statement, September 30, 1872. Construction and equipment. $2,728,692 55 | Capital stock... Real estate, etc....... Land department.. 384,822 19 Funded debt.. 3,543,241 39 Floating debt. .$3,763,000 00 930,000 00 1,963,756 13 $6,656,756 13 $6,656,756 13 Directors.-John M. Davison, Saratoga Springs, N. Y.; Thomas C. Durant, W. A. Hall, John D. Maxwell, Charles W. Durant, J. Gardiner and Thomas Reddington, New York City; H. C. Crane, Yonkers, N. Y.; J. S. Baker, Flushing, N. Y.; James R Thompson, Jersey City; C. S. Bushnell, New Haven, Ct.; George Leavitt, Chestertown, N. Y.; B. F. Bunker, Brooklyn, N. Y. Line of Road.-Avon, N. Y., to Mount Morris, N. Y.... .19.1 miles. Sidings and other tracks, 7 miles. Gauge, 4 feet. Rail, 57 lbs. to yard. Rolling Stock.-Locomotive engines, 2. Cars-passenger, 2; baggage, mail and express, 3; and freight, 3-total (8-wheel) cars, 8. Operations for the fiscal year ending September 30, 1872, included in lessees returns. Financial Statement.-Capital stock authorized, $250,000; subscribed, $219,250: and paid in $219,250; and funded debt, 1st mortgage 7 per cent bonds, due July 1, 1883, $20,000-total stock and bonds, $239,250. Per contra: Cost of road and rolling stock, $245,000. |