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Earnings.

Expenditures. From Passengers $810,708 64 Maintenance of way..

$985,388 46 Freight.. .3,439,999 91 Rolling stock...

430,076 39 Mail 76,295 75 Transportation and fuel.

1,496,373 85 Express 76,650 28 Car-rent and telegraph...

92,897 63 Miscellaneous sources.. 169,516 27 Miscellaneous

188,918 61 $4,573,170 85

$3,193,645 04 Net earnings, $1,379,525.81.

Payments from net earnings : Taxes, $127,934.54 ; interest, $199,631.28 ; divi. dends, $1,012,312 ; applied to surplus, $39,618.39. Surplus from 1871, $270,763.82— total surplus, $310,412.21.

Abstract of operations for five years :

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29,770,918 628,356 95,130,679 $2,918,347 83 $818,801 65 3731,244 507 27,294,924 8:25, 465 116,325,485 3,128,177 48 942,435 18 731,923 50 7

935,810 148,875,519 3,328,281 05 980,033 46 742,528 507 27,178,229 1,177,657 210,677,316 3,866,075 93 1,215,537 30 812,602 007 27,518,395 1,444,354 256,313,274 4,573, 170 85 1,379,525 81 1,012,312 007

General Buance, Decmber 31, 1872. Construction and equipment. $16,395,579 15 Capital stock.

$14,991,275 00 Materials on hand.. 433,455 20 Funded debt.

3,005,000 00 Ind. & St. L. RR. stocks, bonds, etc.. 983,948 40 Bills payable.

370,000 00 C. & S. RR. bonds and advances. 618,075 77 Audited.

546,473 35 Other stocks and bonds. 255,228 63 Dividends, No. !0 (Feb. 1873).

524,639 50 Miscellaneous 72,591 63 Unclaimed dividends..

5,173 00 Cash and cash assets.. 994,094 08 Surplus...

310,412 01 $19,752,972 86

$19,752,972 86 During the year the remainder of unissued stock was sold, realizing $1,452,338.23. Abstract of general account yearly since consolidation :

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1,315 $10,460,900 $1,965,000 $608,446 70 $13,031,346 70 $11,935, 146 30 1,425 10,460,900 3,185,000 518,331 90 14,161,231 90 12,160,636 77 1,697 11,620,000 3,034,000 192,365 07 14,812,365 07 12,509,187 24 2,457 12,791, 50 3,008.000 270,763 82 16,790,541 97 13,774,883 07 3,412 14,991,275 3,005,000 810,412 01 18,306,687 01 16,395,579 15

The following statement shows the funded debt in detail :

Nature of Securities.

Amount outstanding.

1st mortgage (C., C. and C. RR.) bonds, $25,000 falling due each year.
1st mortgage (L., P. and C. RR.) bonds,
2d

past due
Old mortgage (B. and I. RR.)
1st mortgage

bonds, new.. 1st niortgage S. F. (C., C., C. and I. Railway) bonds..

Total amount outstanding at date.....

$272,000

2,000 1,000

2,000 514,000 2,214,000

$3,005,000

Directors.--P. H. Watson, John J. Cisco, W. B. Duncan, F. Schuchardt, George B. McClellan and S. L. M. Barlow, New York ; H. E. Parsons, Ashtabula, 0.; L. M. Hubby, H. B. Hurlbut, R. P. Ranney, Stillman Witt and T. P. Handy, Cleveland, O.; Robert M. Shoemaker, Cincinnati, O.

.Cleveland, O.

H. B. HURLBUT, President....
H. E. Parsons, Vice-President.

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Sec. and Treas.-George H. Russen.....Cleveland. General Freight Agent-Lucien Hills... Cleveland. Genl. Manager-Oscar Townsend.

General Ticket Agent-S. F. Pierson.. Genl. Supt.-E. S. Flint.

Master Mechanic-L. 8. Young.
Chief Engineer–Frank Ford..

Master Car Builder--William F. Smith..
Auditor and Register- Alfred Ely... ...Cleveland.

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NEW HAVEN, MIDDLETOWN AND WILLIMANTIC RR.

(In progress.)

Line of Road.-New Haven, Ct., to Willimantic, Ct.. Branch Line : Colchester, Ct., to Norwich, Ct......

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Total length of main and branch line as projected.

....74 miles. In operation : New Haven, Ct., to Middletown, Ct......

.23 miles. Sidings and other tracks, 0.34 miles. Gauge, 4 feet 8} inches. Rail, 60 lbs. to yard.

Rolling Stock.-Locomotive engines, 2. Cars-passenger, 2 ; baggage and mail, 1; and freight, platform, 22—total of all cars, 25.

Operations for the year ending September 30, 1872.–Trains (mixed) run, 55,932 miles. Passengers carried, 68,540 ; carried one mile, 1,095,948. Freight moved, 13,020.75 tons ; moved one mile, 201,252 tons. Operating expenses : Maintenance of way, $11,101.49; rolling stock, $10,576.93 ; Transportation, $16,072.37; total, $37,750.79.

Gross earnings not stated. Net revenue, $25,555.85. Interest due, $320,000.

Financial Statement.-Capital stock authorized, $6,000,000; subscribed, $3,000,000 ; paid in, $677,500 ; funded debt, 1st mortgage 7 per cent bonds, principal due 1881, $2,770,000 ; 2d mortgage 7 per cent bonds, due 1882, $880,000; and floating debt, $1,459,118.01—total stock, bonds and debt, $5,786,618.01. Per contra : Cost of road and equipment, $5,461,959.31.

Directors, (elected October 31, 1872.)—Julius Hotchkiss, Charles C. Hubbard, John M. Douglas, Middletown, Ct.; N. Bradner Smith, Cobalt, Ct. ; P. W. Turner, Turnerville, Ct.; J. A. White, Henry Talmadge, E. B. Litchfield and John Perkins, New York City ; R. G. Pike, Middletown, Ct.; E. S. Mills and J. G. Schumaker, Brooklyn, N. Y.; and Fred Debillier, Yonkers.

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JULIUS HOTCHKISS, President......

.Middletown, Ct, John M. Douglas, Vice-President... Treasurer...Allyn M. Colegrovo. | Secretary....... Robert G. Pike. / Superintendent.. W. A. Waterbury

PRINCIPAL OFFICE AND ADDRESS... Main st., Middletown, Middlesex Co., Ct.

BRIDGETON AND PORT NORRIS RAILROAD.

Line of Road.-Bridgeton, N. J., to Port Norris, N. J.......

.20 miles. This road has be operated by the company from December 16, 1872. Gross earnings from December 16 to December 31, 1872, $1,671.39. Operating expenses, $470. Net earnings, $1,201.39.

Financial Statement, December 31, 1872.-Capital stock, $300,000 ; funded debt, $400,000 ; and other indebtedness, $33,000. EBENEZER WESTCOTT.

President,
B. R. Bateman...

.. Treasurer.

PRINCIPAL OFFICE AND ADDRESS.

.Bridgeton, Cumberland Co., N. J.

CAMDEN AND BURLINGTON COUNTY RAILROAD.

(Leased and operated by United Companies of New Jersey.)

Line of Road.—Camden, N. J., to Pemberton, N. J... Branch Line : Mount Holly, N. J., to Burlington, N. J..

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Total length of main and branch tracks owned by company.........30.15 miles.

Operations for the year ending December 31, 1872.—Included in lessees' returns. Received from C. and A. Railroad Company according to term of lease, $45,112.86. Interest, $23,064.88; and dividends on stock, 6 per cent, $19,975.50.

General Balances, (January 1, 1871.)—Capital stock, $381,925 ; funded debt, $350,000 ; and other indebtedness, $44,437.50—total stock, bonds and debt, $776,362.50. Per contra : Cost of road, etc., $715,362.50. CHARLES BISPHAM, President..

..Mount Holly, N. J. PRINCIPAL OFFICE AND ADDRESS. .Mount Holly, Burlington Co., N. J.

RIDGEFIELD AND NEW YORK RR. (In progress.)

Line of Road.-Portchester, N. Y., to Danbury, Ct..

...23.29 miles. Sidings and other tracks, none. Gauge, 4 feet 84 inches. Rail, 56 lbs. to yard.

Financial Statement.-Capital ($1,250,000) paid in, $155,680 ; and debts unsettled. Per contra : Cost of construction to January 1, 1872, $170,000. Elwood BURDSALL, President...

.Portchester, N. Y.
William J. Mead, Vice-President..

...Greenwich, Ct. Treasurer-H, K. Scott.... ..Ridgefield, Ct. Secretary-Ephraim Sours......Portchester, N. Y.

PRINCIPAL OFFICE AND ADDRESS......Portchester, Westchester Co., N. Y.

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FERRO MONTE RAILROAD.

Line of Road.-Ferro Monte Mines, N. J., to Morris Canal, N. J.......2.5 miles.

Operations in 1872.—Iron ore carried, 42,031} ; and coal, 125 tons. Gross earn ings, $18,941.39; and expenses, $12,644.49. Net revenue, $6,296.90. Financial Statement.—Capital stock, $30,000; and cost of road, $40,628.

JACOB VANNATA, President...... .Ferro Monte, Morris Co., N. J.

HIBERNIA MINE RAILROAD.

Line of Rond.-Hibernia Mine, N. J., to Morris and Essex Railroad....5.5 miles. Rolling Stock.-Locomotive engines, 2. Coal and ore cars, 100.

Operations for the year ending December 31, 1872.-Freight moved—iron ore, 95,328,02 ; and coal, etc., 5,050.33—total, 100,379.15 tons. Gross earnings, $54,400.98. Operating expenses, $20,771.77. Net revenue, $33,629.21. Dividends, $37,500.

Financial Statement.-Capital stock, $150,000. Cost of road and equipment, $148,638.15. GEORGE RICHARDS, President......

.Dover, N. J. Sec. and Treas.-J. W. Pullman..Philadelphia, Pa. I SuperintendentG. R. Miller..... Rockaway, N. J. PRINCIPAL OFFICE AND ADDRESS:

...Rockaway, Morris Co., N. J.

JERSEY CITY AND BERGEN RAILROAD.

I ine of Road.—Jersey City, N. J., to Bergen Point, N. J........... .6 miles,

Operations for the year ending December 31, 1872.–Passengers carried, 3,361,147. Gross carnings, $194,935.70. Operating expenses, $157,779.20. Net earnings, $35,156.50.

Financial Statement.-Capital stock, $110,100; funded debt, $304,000 ; floating debt, $256,628.09 ; and bonds and mortgages, $15,000. Per contra : Cost of road and eqnipment, (January 1, 1872,) $599,632.50. WILLIAM KEENEY, President..

.Jersey City, N. J. C. B. Place, Treasurer... PRINCIPAL OFFICE AND ADDRESS. ....Jersey City, Hudson Co., N. J.

VINCENTTOWN BRANCH RAILROAD.

(Leased and operated by the Camden and Amboy Railroad Company.)

Line of Road.-Mount Holly, N. J., to Vincenttown, N. J............ 4.5 miles.

Operations for the year ending December 31, 1872.-Included in returns of lessees. Dividends two, each of 3 per cent.

General Balances.-Capital stock, $25,000; and funded debt, 1st mortgage 6 per cent bonds, $15,000. Per contra : Cost of road, etc., $45,256.61.

John S. IRICK, President...... Mount Holly, Burlington Co., N. J. PRINCIPAL OFFICE AND ADDRESS.

.Mount Holly, N. J.

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ROCKY HILL RAILROAD.

(Leased and operated by Camden and Amboy Railroad Company.)

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Line of Road.—Rocky Hill Junction, N. J., to Rocky Hill, N. J.......3.6 miles.

Financial Statement, (January 1, 1872.)Capital stock, $45,600. Per contra : Cost of road, $45,654.16. Lease-rent, 6 per cent on stock. David H. MOUNT, President.

. Rocky Hill, N. J. PRINCIPAL OFFICE AND ADDRESS.. .Rocky Hill, Somerset Co., N. J.

ATLANTIC, MISSISSIPPI AND OHIO RAILROAD.

(Organized November 12, 1870, by the consolidation of the Norfolk and Petersburg,

the South Side, the Virginia and Tennessee and the Virginia and Kentucky Rail. road Companies. V. & T. RR. opened, 1856.

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Line of Road.-Norfolk and Petersburg RR.–Norfolk, Va., to Peters." burg, Va......

... 81 miles. South Side RR. : \Petersburg, Va., to Lynchburg, Va...

..123 City Point,

10—133 Virginia and Tenn. RR. Lynchburg, Va., to Bristol (Tenn. Line)....204

? Glade Springs, Va., to Salt Works, Va...... 10—214 Total length of road completed and in operation September 30, 1871...428 miles. Sidings and other tracks, 29 miles. Gauge, 5 feet. Rail, 56 and 60 lbs to yard, Va, and Ky. RR., (in progress.)—Bristol, Tenn., to Cumberland Gap, Ky...100

Rolling Stock.—Locomotive engines, 78. Cars-passenger, 29 ; baggage, mail and express, 18; freight, box, 428 ; stock, 111; and flat, 324 ; and miscellaneous, 28 -total revenue cars, 938.

Operations for the year ending September 30, 1872.—Trains run-passenger, 448,231 ; freight, 747,225 ; and other, 233,681—total, 1,429,137 miles. Passengers carried, 232,515 ; carried one mile, 13,245,066. Freight moved, 305,753 tons; moved one mile, 53,129,661 tons. Earnings.

Expenditures. From Passengers.

$472,974 51 Maintenance of way Freight..

.3252,298 41 ..1,368,023 54 Rolling stock. Miscellaneous 123,054 93 | Transportation..

7.3,654 08 $1,969,053 06

$1,234,725 14 Net earnings, $734,327.92. Interest paid, $961,435.21. Excess of interest pay. ments over net earnings, $227,107.29.

218,772 65

Financial Statement, September 30, 1872. Construction and equipment.. $17,765,913 88 Capital stock.

$6.921,900 19 Interest.. 961,435 21 Funded debt.

.10,-89,842 00 Profit and loss.

5:30.801 56 State of Virginia. Current expenses

5,934,230 76 1,234,725 14 Interest, Stocks. etc.

383,186 39 6,371,130 39 | Profit and loss.

2,469,951 21 2,347,807 15 Revenue for year. Balance to debit.

1,969,053 09 8,557 72 Bills payable..

622, 207 38 $29,220,371 05

$29,220,371 65

Other assets.

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