Payments from net earnings: Taxes, $127,934.54; interest, $199,631.28; dividends, $1,012,312; applied to surplus, $39,648.39. Surplus from 1871, $270,763.82— total surplus, $310,412.21. 1868. 1869. 1870.. 1871. 2,177,407 545,377 29,770,918 628,356 95,130,679 $2,918,347 83 2,402,717 570,594 27,294,924 825,465 116,325,485 3,128,177 48 2,609,033 559,728 935,840 148,875,519 3,328,281 05 3,270,327 518,516 27,178,229 1,177,657 210,677,316 2,866,075 93 1872... 3,877,157 512,396 27,518,395 1,444,354 256,313,274 4,573,170 85 General Balance, Decmber 31, 1872. Construction and equipment..... Other stocks and bonds.. Miscellaneous.. Cash and cash assets. $818,801 €5 3731,244 507 942,435 18 731,923 50|7 980,013 46 742,528 50 7 1,215,537 30 812,602 00 7 1,379,525 81 1,012,312 00 7 $16,395,579 15 433,455 20 Funded debt.. 3,005,000 00 983,948 40 Bills payable.. 370,000 00 618,075 77 Audited. 546,473 35 524,639 50 72,591 63 994,094 08 Unclaimed dividends.. 5,173 00 During the year the remainder of unissued stock was sold, realizing $1,452,338.23. Abstract of general account yearly since consolidation : The following statement shows the funded debt in detail : Nature of Securities. 1st mortgage (C., C. and C. RR.) bonds, $25,000 falling due each year. 1st mortgage (I., P. and C. RR.) bonds, Amount outstanding. $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, O.; L. M. Hubby, H. B. Hurlbut, R. P. Ranney, Stillman Witt and T. P. Handy, Cleveland, O.; Robert M. Shoemaker, Cincinnati, O. H. B. HURLBUT, President... Sec. and Treas.-George H. Russell.....Cleveland. ...Cleveland, O. | General Freight Agent-Lucien Hills...Cleveland. Auditor and Register-Alfred Ely......Cleveland. PRINCIPAL OFFICE AND ADDRESS. .Cleveland, Cuyahoga Co., O. U. S. Trust Co., New York City. NEW HAVEN, MIDDLETOWN AND WILLIMANTIC RR. (In progress.) Line of Road.-New Haven, Ct., to Willimantic, Ct.. Branch Line Colchester, Ct., to Norwich, Ct.. .52 miles. .22 .74 miles. .23 miles. Total length of main and branch line as projected.. In operation: New Haven, Ct., to Middletown, Ct...... 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. JULIUS HOTCHKISS, President.. .Middletown, Ct, John M. Douglas, Vice-President.. Treasurer...Allyn M. Colegrove. | 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 been 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.... B. R. Bateman... .President. ...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.. .23.02 miles. 7.13 66 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. .Mount Holly, N. J. CHARLES BISPHAM, President.. PRINCIPAL OFFICE AND ADDRESS..,...Mount Holly, Burlington Co., N. J. RIDGEFIELD AND NEW YORK RR. (In progress.) ..23.29 miles. Line of Road.-Portchester, N. Y., to Danbury, Ct...... Sidings and other tracks, none. Gauge, 4 feet 8 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... Treasurer-H. K. Scott.. .Portchester, N. Y. ...Ridgefield, Ct. | Secretary-Ephraim Sours......Portchester, N. Y. PRINCIPAL OFFICE AND ADDRESS. .Portchester, Westchester Co., N. Y. .... 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 Road.-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. | Superintendent-G. R. Miller.....Rockaway, N. J. PRINCIPAL OFFICE AND ADDRESS.. ....Rockaway, Morris Co., N. J. JERSEY CITY AND BERGEN RAILROAD. ...6 miles. Line of Road.-Jersey City, N. J., to Bergen Point, N. J.... 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 equipment, (January 1, 1872,) $599,632.50. (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. ROCKY HILL RAILROAD. (Leased and operated by Camden and Amboy Railroad Company.) 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.. PRINCIPAL OFFICE AND ADDRESS. ... .Rocky Hill, N. J. .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 Railroad Companies. V. & T. RR. opened, 1856. Line of Road.--Norfolk and Petersburg RR.—Norfolk, Va., to Petersburg, Va..... City Point, 81 miles. .123 10-133 Virginia and Tenn. RR. Lynchburg, Va., to Bristol (Tenn. Line)....204 46 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. Net earnings, $734,327.92. Interest paid, $961,435.21. Excess of interest payments over net earnings, $227,107.29. Financial Statement, September 30, 1872. |