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January 1, 1872, interest, semi-annually, January and July, and principal due January
...Corning, N. Y.
..Elkland, Tioga Co., Pa.
ROME, WATERTOWN AND OGDENSBURG RAILROAD.
(Consolidation, October 1, 1861, of Potsdam and Watertown, and Watertown and
Line of Road.—Rome, (109 m. W. Albany,)N.Y., to Ogdensburg, N.Y..141.11 m. Branches : ŞWatertown,(71 m. N. Rome,)N. Y., to Cape Vincent, N.Y.24.24
(De Kalb, (123 m. N. Rome,) N. Y., to Potsdam, N. Y...24.28— 48.52 “ Total length of main and branch lines owned by company.
..189.63 m. Sidings and other tracks, 25.31 miles. Gauge, 4 feet 8} in. Rail, 56 lbs. to yard.
Leased : Oswego & Rome RR.-Richland (42 m. N. Rome) to Oswego, N.Y.28.58 m.
.218.21 “ Total length of track (incl. O. and Rome RR., 28.58 m.; and sidings, 3.25 m.). 246.79 m.
Rolling Stock.—Locomotive engines, 40. Cars-passenger, 31 ; baggage, mail and express, 15; and freight, box, caboose, stock and flat, 739 ; and coal, (4-wheel,) 60—total, 815.
Operations for the year ending September 30, 1872.-Trains run-passenger, 332,362 ; and freight, 342,654—total, 675,016 miles. Passengers carried, 441,909 ; carried one mile, 12,435,770. Freiglit moved, 336,440 tons; moved one mile, 22,451,836 tons. Eurnings.
Expenditures. From Pageengers, .$417,518 40 Maintenance of way
$326,318 11 Freight. 657,055 22 Rolling stock...
169,188 96 Miscellanevus. 76,190 75 | Transportation..
373,151 26 $1,150,764 37
$868,658 33 Net earnings, $282,106.04. Payments from net earnings : Interest, $108,696.94 ; and dividends 3 and 4 per cent, $209,923. Excess of expenditures over net earnings, $36,513.90.
Abstract of operations for ten years :
Number. Mileage. Tons. Mileage.
1802-63.. 1N63-64. 15.65 1965-5 186-67. 1867-68 1869.. 1869-70.. 1870-71.. 1571-72.
189.63 189 63 189.63 218.21 218 21 218.21 218.21 218.21 218.21 218.21
217,539 8,014,093 137,561 9,668,547 $584,300 25 $278,309 64
The above includes receipts and disbursements of the Oswego and Roine Rail. road since the date of lease, January 1, 1866.
Financial Statement, September 30, 1872.—Capital stock, $3,000,000; paid in, $2,998,900: funded debt, $1,735,606.10; and floating debt, $38,359.49—total, $4,752,865.59. Per contra : Cost of road and equipment, $4,000,000.
Abstract of general account for ten years :
$1,519,800 $1,784,400 00 $60,571 45 $3,364,771 45 $3,459,880 14
Track (*) including sidings, etc.
Cars (1) equated to 8 wheels each. Stock (i) increased in 1869 by $500,000, distributed to stockholders at 50 per cent.
Bonds (8) nominally $2,000,000 ; but in above table the amount is less by bonds in sinking sund and bonds still on hand.
Total, $1,951,400, or less sinking fund, $1,735,606.10.
All bonds of the old companies are exchangeable into R., W. and O. RR. sinking fund bonds.
Directors, (elected first Wednesday of June, 1872.)—William C. Pierrepont,
MARCELLUS MASSEY, President.....52 Wall street, New York City.
Watertown, N. Y.
Master Car-Builder-H. H. Sessions..
Oswego, N. Y. Ticket Agent-H. T. Frary.... Watertown,
PRINCIPAL OFFICE AND ADDRESS....... Watertown, Jefferson Co., N. Y.
DAVENPORT AND ST. PAUL RAILROAD. (In progress.)
Line of Road.—Davenport, Ia., to Strawberry Point...
.110 miles. In operation : Davenport, Ia., to Delaware Centre, la......
90 Branch line, (completed :) Eldridge, Ia., to Maquoketa, Ia..
32 Total length of road in operation January 1, 1873.....
122 miles. Road has been opened recently.
The company refuse any statement of their operations or financial condition, except as to their bonded debt.
Financial Statement, January 1, 1873.-Capital stock authorized, $9,000,000 ; and 1st mortgage 7 per cent sinking fund gold bonds, dated July 1, 1871, and payable, interest semi-annually, January and July, and principal July 1, 1911, ($20,000 per mile,) to date, $2,440,000. Directors, (elected January 22, 1873.)
George H. French, Michael Donahue, John
. Strawberry Point, Ia.
.Davenport, Scott Co., Ia.
ARKANSAS CENTRAL RAILWAY. (In progress.)
Line of Road.—Helena, Ark., to Little Rock, Ark....
.25 Branches :
Junction, Ark., to Pine Bluff, Ark.
10- 35 Total length of track as projected....
..150 miles. In operation : Helena to Clarendon..
48 miles. Sidings, 4 miles. Gauge of track, 3 feet 6 inches. Weight of rail, 35 lbs.
The company have State aid to the extent of $15,000 per mile in 30 year six per cent bonds, and from the counties along the line subscriptions to the amount of $750,000 in 6 and 8 per cent bonds. Also $500,000 in levee bonds and 200,000 acres of land from the State.
Rolling Stock.-Locomotive engines, 4. Cars—passenger, 4; baggage, 2 ; freight, bos, 20; and platform, 30—total cars, 56.
No statement of operations is made.
Financial Statement, February 28, 1873.—Capital stock, $2,500,000. Funded debt-1st mortgage 8 per cent gold bonds, dated July 1, 1871, interest January and July, and principal July 1, 1891, $12,000 per mile ; issued to date, $620,000 ; '2d mortgage 7 per cent gold bonds, dated April 1, 1873, interest April and October, and principal April 1, 1893, authorized, $1,200,000, none yet issued. Estimated cost of railroad to completion, $2,500,000.
Directors.-S. W. Dorsey, Helena, Ark.; Alexander McDonald, New York City; A. H. Johnson, Oberlin, 0.; G. D. Jaques, J. J. Horner, C. C. Waters, Q. K. Underwood, J. C. Palmer, Helena, Ark.; and J. E. Gregg, Urbana, Ohio. 8. W. DORSEY, President..
..Helena, Ark. Trear, and V. Pres. --A. II Johnson.... New York. Superintendent-George H. Bristol. Helers. Secretary-C. C. Waters......
...Helena, Chief Engineer-James A. Tappan.. PRINCIPAL OFFICE AND ADDRESS.
.Helena, Phillips Co., Ark.
CINCINNATI SOUTHERN RAILWAY. (Projected.)
Line of Road.—Cinncinnati, O., to Chattanooga, Tenn......... about 340 miles.
Preliminary surveys have been made. The city of Cincinnati has proposed to aid the company by a loan of its credit, but as yet no definite arrangements for the construction of the road have been come to.
Directors.—Miles Greenwood, E. A. Ferguson, R. M. Bishop, Philip Heidelbach and William Hooper, all of Cincinnati. MILES GREENWOOD, President....
.Cincinnati, O. Secretary-H. H. Tatem... Cincinnati, O. | Engineer-W. A. Gunn.... ...... Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS. ...No. 122 Vine street, Cincinnati, O.
EAST BRANDYWINE AND WAYNESBORO RAILROAD.
(Leased and operated by the Pennsylvania Railroad Company.)
Line of Road.—Downingtown, Pa., to Waynesburg, Pa.............7.5 miles. Sidings, etc., 0.56 mile. Gauge, 4 feet 81 inches. Rail, 45 and 55 lbs. to yard.
The road is now being extended to New Holland, a distance of 10 miles, and one half the grading is done.
Financial Statement.-Capital stock (1,835 shares) paid in, $136,196.26 ; funded debt, 1st mortgage 7 per cent bonds, due July 1, 1885, $140,000; and 20 mortgage 8 per cent bonds, due January 1, 1873, $35,000 ; and floating debt, $2,000—total stock, bonds and debt, $313,196.26. Per contra : Cost of road and appurtenances, $309,557.82. JOHN CORNOG, President
.Wallace, Pa. Secretary-Thomas Millard... .Loags, Pa. | Treasurer-John G. Lewis....... Honeybrook, Pz.
PRINCIPAL OFFICE AND ADDRESS.. ... Honey brook, Chester Co., Pa.
EBENSBURG AND CRESSON RAILROAD.
(Leased for 999 years, and operated by the Pennsylvania Railroad Company.)
Line of Road.—Cresson, (253 m. W. Phila.,) Pa., to Ebensburg, Pa... 11 miles. Sidings and other tracks, 0.5 mile. Gauge, 4 feet 9 inches. Rail, 45 lbs. to yard.
Operations.-Included in lessees' returns. No dividends.
shares, $42,000 ; and funded debt, 1st mortgage 6 per cent bonds, due 1881, $80,000—
Ebensburg, Cambria Co., Pa.
LAKE SHORE AND MICHIGAN SOUTHERN RAILWAY.
Line of Road.-Buffalo, N. Y., to Chicago, N. Y.... ....541.34 miles.
64.79 Toledo, via “ Air-Line,” to Elkhart, Ind.
.130.70 Branches : Adrian, Mich., to Monroe, Mich.....
33.60 Adrian, Mich., to Jackson, Mich...
46.00 White Pigeon, Mich., to Grand Rapids, Mich.. ... 94.68 Jonesville, Mich., to Lansing, Mich...
60.00 Dunkirk Junction...
Total length of road operated.......
.1,136.49 miles. Double track, 222.62 miles. Sidings, 310.52 miles. Steel rail, 300 miles.
Gauge, W. of Toledo, 4 feet 84 inches ; and E. of Toledo, 4 feet 94 inches. Rail, 60 lbs. to yard.
This company's line is a consolidation of the following named roads :
The Buffalo and Erie RR., which was a consolidation (June 25, 1867) of the Buffalo and State Line (68 m.) and the Erie and Northeast (20 m.) Railroads.
The Lake Shore RR. was a consolidation (March, 1869) of the Cleveland, Painesville and Ashtabula (95.5 m.) and the Cleveland and Toledo (113.84 m.) Railroads.
The Michigan Southern and Northern Indiana Railroad (244 m.) consolidated with above May, 1869.
The “ Detroit, Monroe and Toledo Railroad," (Toledo to Detroit,) 64.79 miles, the “Kalamazoo and White Pigeon Railroad,” (White Pigeon to Kalamazoo,) 37 miles, and the Northern Central Michigan Railroad, (Jonesville to Lansing,) 60 miles, are under separate organizations; but the capital stocks thereof are owned wholly by the L. S. and M. S. Company.
The “Kalamazoo, Allegan and Grand Rapids Railroad,” (Kalamazoo to Grand Rapids,) 58 miles, is operated under perpetual lease, at a rental sufficient to pay in. terest on bonds and stock, amounting to $103,800 per annum.
That portion of the main line from Toledo to Adrian, 33 miles, was acquired by a perpetual lease from the “Erie and Kalamazoo Company,” by the terms of which this company pays therefor $30,000 per annum.
The company uses the track of the C., C., C. & I. RR. between Cleveland and Berea, (12 miles,) at an annual rent, for 60 passenger trains a week, of $42,000.
The Northern Central Michigan RR., 60 miles, was opened during the year.
The " Jamestown and Franklin Railroad,” (Jamestown to Oil City,) 51 miles, is operated under lease for 60 per cent of gross earnings. The L. S. and M. S. Company