Net earnings, $113,330.16. Payments: Interest, $70,494.93; taxes, $13,089.51; drawbacks, $14,871.60. Balance, $14,874.02. No dividends have heretofore been paid to holders of common stock. Dividends on preferred stock were paid July, 1864, and January, 1865, each 3 per cent. Financial Statement.-Capital stock, $1,300,900; and funded debt, 1st mortgage 7 per cent bonds, due September 30, 1890, $416,000; 2d mortgage 7 per cent bonds, due February 1, 1875, $367,500; 3d mortgage 7 per cent bonds due March 31, 1895, $1,370,000; and 6 per cent mine bonds and scrip, $117,441.09-total stocks and bonds, $3,570,041.09. Per contra: Construction and equipment, $3,159,769.02. Abstract of general account for ten years: The Bedford Railroad Company was consolidated with Huntingdon and Broad Top Mountain Company July 30, 1864. Directors.-Rathmell Wilson, C. D'Invilliers, John Devereux, William Cumming, J. V. Williamson, James Long, William Whitaker, James W. Paul, Joseph H. Trotter and John B. Wood, Philadelphia, Pa.; D. J. Morrell, Johnstown, Pa.; and William P. Jenks, Philadelphia, Pa. B. ANDREWS KNIGHT, President.. ..Philadelphia, Pa. .J. P. Aertsen. | Supt. and Purchasing Agent. .....John McKillips. PRINCIPAL OFFICE AND ADDRESS...... Fiscal Agency.. (Secretary and Treasurer) Philadelphia, Pa. MEMPHIS AND LITTLE ROCK RAILROAD. Line of Road.—Hopefield, (opp. Memphis,) Ark., to Little Rock, Ark..131 miles. This road has been constructed in three divisions, the first extending from the Mississippi to the St. Francis River, 38 miles; the second, from the St. Francis to the White River, 45 miles; and the third, from the White River to Little Rock on the Arkansas River, 48 miles. The first and the third divisions were in a great measure destroyed during the war, and the construction of the second division suspended. The two end divisions were restored and were in use throughout 1870. On the middle division, the last spike was driven April 12, 1871, and the whole line is now in operation. Rolling Stock.-Locomotive engines, 20. Cars-passenger, 1st class, 10; and 2d class, 3; baggage and mail, 2; and freight, (box, 106; platform, 60; and stock, 4,) 170-total revenue cars, 185. Also, 9 truck, 1 pile-driver and 23 hand-cars. Operations for the year ending December 31, 1871.-Trains run, passenger, 51,861; freight, 26,537; and other, 27,320—total, 105,718 miles. All later information refused. It is understood that the road has been sold out under foreclosure of mortgage, having defaulted on its interest. Land Department.-Under act of February 9, 1853, the company became entitled to 438,646.89 acres, and under act of July 28, 1867, to 365,539 acres of the public lands along the line of their road. Of these lands 125,000 were mortgaged to secure 8 per cent bonds issued in 1860. The accounts of these donated lands, however, have never been made up. Directors.-H. L. Brinkley, W. M. Farrington, Alexander McDonald, Samuel Tate and F. H. Cossitt. CINCINNATI, CUMBERLAND GAP AND CHARLESTON RR. (In progress.) Line of Road.-Cumberland Gap, Tenn., to Paint Rock, N. C. . . . .. . . . .94 miles. In operation: Morristown, Tenn., to Wolf Creek, N. C..... 40 Sidings and other tracks, 1.25 miles. Gauge, 5 feet. Rail, 50 lbs. to yard. This road was sold under the laws of Tennessee for default in payment of interest due on State bonds issued in aid of the company, and purchased by the East Tennessee, Virginia and Georgia Railroad Company, by whom it is now operated, for $300,000, in Tennessee bonds. Rolling Stock.-Locomotive engine, 1. freight, 3. Cars-baggage, 1; and platform Operations for the year ending April 30, 1872.-Trains (mixed) run, about 25,000 miles. Gross earnings-passenger, $10,603.41; freight, $12,641.07; and other, $1,133.81 -total, $24,379.30. Operating expenses, $22,283.39. Net revenue, $2,095.91. Financial Statement.-Capital stock paid in, $75,000; funded debt, Tennessee State loan in 6 per cent bonds, $1,373,000; funded interest, $31,680; and interest due January 1, 1871, $252,528.52; total, $1,657,208.52-total stock and debt, $1,732,208.52.. Per contra: Cost of road, in Tennessee bonds, $1,373,000; and in cash, $29,000; cost of rolling stock, $21,400; real estate not used for road purposes, $20,000; materials on hand, $3,000-total cost of property and assets, $1,446,400. By decree of Chancery Court the debt due the State is made $700,000, payable in Tennessee State bonds. PRINCIPAL OFFICE AND ADDRESS.. .Knoxville, Knox Co., Tenn. DES MOINES VALLEY RAILROAD. ..250 miles. Line of Road.-Keokuk, Iowa, to Fort Dodge, Iowa... Sidings and other tracks, 20 miles. Gauge, 4 feet 8 inches. Rail, 56 lbs. to yard. Rolling Stock.-Locomotive engines, 27; and cars-passenger, 16; baggage, mail and express, 10; and freight, 540-total cars, 566. Operations for the year ending December 31, 1872.-Trains run-passenger, 179,695; freight, 267,984-total, 447,679 miles. Passengers carried, 108,599; car: ried one mile, 4,580,038. Freight moved, 198,360; moved one mile, 21,384,804 tons. Earnings. Expenditures. $185,952 Operating expenses.... 543,075 Net earnings.. 47,227 $776,24 Miscellaneous... Interest on funded debt, $420,000. ..$649,031 127,223 $776,254 Financial Statement, December 31, 1872.-Capital stock, (paid in,) $6,523,600 ; funded debt, 1st mortgage 4 per cent bonds, interest payable April and October, $2,310,000; and land-grant bonds, dated 1868, interest payable April and October and principal, 1898, $2,760,000; and other liabilities, $930,000-total stock, bonds, etc., $12,523,600. Per contra: Cost of road and equipment, $13,803,285. The mortgage creditors of the company propose a reorganization on the following basis: The mortgaged premises will be purchased by a committee, in trust for such bondholders of either class as choose to become parties to said agreement by signing the same or authorizing others to sign it for them. The committee, having purchased the mortgaged premises, will organize a new railroad company as owners of said railroad. The proposed new railroad company will make a first and second mortgage on the entire premises purchased, which mortgage will be to secure the payment of $3,000,000 each. The first will bear 7 per cent interest from Jan. 1, 1873, and the second will bear 6 per cent interest from Jan. 1, 1874. The first mortgage bondholders of the D. V. RR. Co., assenting to said agreement and employing said committee, will receive the new first mortgage bonds for principal and interest of their old bonds, up to Jan. 1, 1873. The land-grant bondholders of the D. V. RR. Co. assenting to said agreement and employing said committee, will receive the new second mortgage bonds for principal and interest of their old bonds, up to Jan. 1, 1874. The new second mortgage will be a first mortgage upon so many of the 100,000 acres of land as then remain unsold. The committee will only act for such as assent to said agreement. Directors, (elected 2d Monday in June, 1872.)-N. A. Cowdry, D. Crawford, Jr., T. C. M. Paton, A. S. Agnew and F. P. James, New York City; D. W. Kilbourne, William Leighton, C. H. Perry, H. T. Reid, George B. Smyth and George E. Kilbourne, Keokuk, Iowa. N. A. COWDRY, President..... .New York City. Treas. and Sec.-A. Bridgeman.... Keokuk, Iowa. | Master Car Repairs-R E. Smith.. Keokuk, Iowa. Superintendent-John Givin. Road Master-John Shea.. .Eddyville, Ticket Agent James Parker.... Freight Agent-George W. Olgivie.. Master of Machinery-James Lamb..Keokuk, Iowa. | Purchasing Agt.-Geo. E. Kilbourne. PRINCIPAL Office and ADDRESS.. 64 ..Keokuk, Lee Co., Iowa. CENTRAL RR. EXTENSION OF LONG ISLAND. (In progress.) Line of Road.-Bethpage Junction to Babylon, L. I. ..... ...10 miles. This line of road is leased for 99 years to the North Side and Flushing Railroad, the lessees agreeing to pay the company 40 per cent of the gross earnings. Financial Statement, May 1, 1873.-Capital stock, $80,000; funded debt, $200,000. Treasurer-Paul Lichtenstein......New York City! Secretary-E B. Hinsdale.... Flushing, L. I. PRINCIPAL OFFICE AND ADDRESS. .11 Mercer street, New York City. SALT LAKE, SEVIER VALLEY AND PIOCHE RAILROAD. (Projected.) Line of Road.—Salt Lake City, Utah Terr., to Pioche, Nev..........300 miles. This company was organized in May, 1872, under the general incorporation law of Utah Territory, to construct a narrow gauge (3 feet) railroad from Salt Lake City to Pioche, Nevada. The amount of capital stock authorized is $6,000,000; subscribed, $400,000. Mortgage bonds to the amount of $15,000 per mile have also been authorized for the first 40 miles of the line, to be issued in denominations of $100 each, having 20 years to run, with interest payable semi-annually in gold at 8 per cent per annum. The route has been surveyed and line located to Tintic, 70 miles, and it is intended to construct the road to Stockton, 40 miles, during the present season. Directors.-Joab Lawrence, P. Edward Connor, Jeter Clinton, H. S. Jacobs, Thomas P. Akers, J. Rowberry, John W. Young, H. B. Kimball and James Campbell, Salt Lake City; William Lilley and John Thomas, Mauch Chunk, Pa. H. S. JACOBS, President and Treasurer..... Secretary..... .Salt Lake City, Utah. 66 46 66 .H. R. Durkec. .E. M. Barnum. | General Superintendent. PRINCIPAL OFFICE AND ADDRESS. .Salt Lake City, Utah Ter. JUNCTION (PENNSYLVANIA) RAILROAD. .4.62 miles. Line of Road.-Belmont, to Gray's Ferry, (Philadelphia).... Sidings, 1 mile. Gauge, 4 feet 8 inches. Rail, 67 lbs. to yard. This road forms the connection between various lines of railroad terminating at Philadelphia. Rolling Stock.-Furnished by Pennsylvania Railroad Company. Operations for the year ending December 31, 1872.-Trains run-passenger, 4,027; freight, 20,910-total, 24,937 miles. Passengers carried, 215,230. Earningsfrom passengers, $14,536.83; from freight, $106,531.22; mail and miscellaneous Sources, $11,316.28-total, $132,384.33. Operating expenses, (including taxes, $2,767.86,) $69,643.24. Net earnings, $62,741.09. Interest paid, $48,756; miscellaneous payments, $7,594.44; balance, $6,390.55. Financial Statement.-Capital stock authorized, $250,000; paid in, $185,250. Funded debt-1st mortgage 6 per cent bonds, due, 1882, $500,000; 2d mortgage 6 per cent bonds, due 1900, $300,000-$800,000-total stock and bonds, $985,250. Cost of road and equipment, $898,324.25. Directors.-Isaac Hinckley, J. E. Thompson, Asa Whitney, John Wickes and F. B. Gowen, Philadelphia, Pa. ISAAC HINCKLEY, President.. Secretary... Treasurer.. .Philadelphia, Pa. John Walker, Jr. .Philadelphia, Pa. ..Joseph Lesley. | Acting Treasurer. PRINCIPAL OFFICE AND ADDRESS. |