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January 1, 1872, interest, semi-annually, January and July, and principal due January 1, 1902, $100,000.

JOEL PARKHURST, President..

S. T. Hoyt, Vice-President.

...Elkland, Pa. ...Corning, N. Y.

Treas. and Sec.-C. L. Pattison......Elkland, Pa. | Chief Engineer-A. Hardt...... Wellsboro, Pa. PRINCIPAL OFFICE AND ADDRESS.

.Elkland, Tioga Co., Pa.

ROME, WATERTOWN AND OGDENSBURG RAILROAD.

(Consolidation, October 1, 1861, of Potsdam and Watertown, and Watertown and Rome Railroads.

Line of Road.-Rome, (109 m. W. Albany,) N. Y., to Ogdensburg, N.Y..141.11 m. Branches: Watertown, (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

66

..189.63 m.

Total length of main and branch lines owned by company. 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. Total length of railroad operated by company..

.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, 845.

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. Freight moved, 336,440 tons; moved one mile, 22,451,$36 tons.

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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.

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The above includes receipts and disbursements of the Oswego and Rome Railroad 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:

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Stock () increased in 1869 by $500,000, distributed to stockholders at 50 per cent. Bonds (§) nominally $2,000,000; but in above table the amount is less by bonds in sinking fund and bonds still on hand.

Statement of funded debt in detail :

$1,519,800 $1,784,400 00
1,774,175 1.729,900 00
1,991,900 1,603,908 05
2,385,500 1,575,793 66
2,400,000 1,577.263 01
2,500,000 1,570,386 75
2,976,400 1,517,669 73
2,997,800 1,442,723 87
2,998,900 1,529,946 75
2,998,900 1,735,606 10

$60,571 45 $3,364,771 45

$3,459,880 14

50,228 40

55,927 73

3,554,228 40|
3,651,735 78

3,464,176 54

3.464,846 77

55,987 69

4,017,281 35

4,003,304 23

21,076 11

3,998,339 12

4,000,724 40

4,000,000 00

4,000,000 00

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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, Pierrepont Manor, N. Y.; Marcellus Massey, John T. Denny, W. M. White, William E. Dodge, Moses Taylor, C. Zabriskie, Jr., and Samuel Sloan, New York City; S. D. Hungerford, Adams, N. Y.; Talcott H. Camp, Watertown, N. Y.; Theodore Irwin, Oswego, N. Y.; and Gardner Colby and John S. Farlow, Boston, Mass.

MARCELLUS MASSEY, President.....52 Wall street, New York City.
Talcott H. Camp, Vice-President.
..Watertown, N. Y.

Treas, and Sec.-J. A. Lawyer.. Watertown, N. Y. | Master Machinery-William Jackson. Rome, N. Y
Superintendent--J. W. Moak....

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Fiscal Agency and Transfer Office..(E. J. Blake) Merc. Nat. B'k, N. Y. City.

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DAVENPORT AND ST. PAUL RAILROAD. (In progress.)

Line of Road.-Davenport, Ia., to Strawberry Point..
In operation: Davenport, Ia., to Delaware Centre, Ia..
Branch line, (completed :) Eldridge, Ia., to Maquoketa, Ia..

Total length of road in operation January 1, 1873....
Road has been opened recently.

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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 H. Berryhill, John E. Henry, R. Krause and George H. Parker, Davenport, Ia.; George Rule, Big Rock, Ia.; George W. Lathrop, Oxford Mills, Ia.; J. A. Goodenow, Maquoketa, Ia.; H. S. Brunson, Fayette, Ia.; F. B. Doolittle, Delhi, Ia.; August Bendle, Cresco, Ia.; and John R. Cook, Rochester, Minn.

GEORGE H. FRENCH, President.

M. O. Barnes, Vice-President....

..Davenport, la.
.Strawberry Point, Ia.

Treas. and Sec.-J. S. Conner...... .Davenport, Ia. | Chief Engineer-E. Baldwin..................... ..Davenport, Ia.
General Manager-C. W. Smith.
Superintendent-N. H. Wood..

Urbana, Ill. Road Master-G. W. Moors.
..Davenport, Ia. Tkt. and Fgt. Agent J. A. Grier..

PRINCIPAL OFFICE AND ADDRESS.

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.Davenport, Scott Co., Ia.

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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, box, 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, O.; G. D. Jaques, J. J. Horner, C. C. Waters, Q. K. Underwood, J. C. Palmer, Helena, Ark.; and J. E. Gregg, Urbana, Ohio.

S. W. DORSEY, President......

...Helena, Ark.

Treas, and V. Pres.-A. H. Johnson....New York. | Superintendent-George H. Bristol........ .Helena.
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....

PRINCIPAL OFFICE AND ADDRESS.

.Cincinnati, 0.

..No. 122 Vine street, Cincinnati, O.

EAST BRANDYWINE AND WAYNESBORO RAILROAD.

(Leased and operated by the Pennsylvania Railroad Company.)

.7.5 miles.

Line of Road.-Downingtown, Pa., to Waynesburg, Pa..... Sidings, etc., 0.56 mile. Gauge, 4 feet 8 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 2d 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.

.....

.Wallace, Pa.

JOHN CORNOG, President
Secretary-Thomas Millard............Loags, Pa. | Treasurer-John G. Lewis...

PRINCIPAL OFFICE AND ADDRESS...

Honeybrook, Pa.

..Honeybrook, 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.

Financial Statement, January 1, 1873.-Capital stock (100,000) paid in, 840

shares, $42,000; and funded debt, 1st mortgage 6 per cent bonds, due 1881, $80,000— total stock and bonds, $122,000. Per contra: Construction, $122,000.

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Line of Road.-Buffalo, N. Y., to Chicago, N. Y.....
Ashtabula, O., to Oil City, Pa............

.541.34 miles.

87.19

Elyria, O., via Sandusky, to Millbury (on main line) 76.69
Toledo to Detroit....

64.79

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White Pigeon, Mich., to Grand Rapids, Mich...... 94.68
Jonesville, Mich., to Lansing, Mich....

Dunkirk Junction...

Total length of road operated.......

60.00

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Double track, 222.62 miles. Sidings, 310.52 miles. Steel rail, 300 miles.
Gauge, W. of Toledo, 4 feet 8 inches; and E. of Toledo, 4 feet 9 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.

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The Kalamazoo, Allegan and Grand Rapids Railroad,” (Kalamazoo to Grand Rapids,) 58 miles, is operated under perpetual lease, at a rental sufficient to pay interest 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

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