Financial Statement to October 31, 1872. Permanent Expenditures : Construction and equipment to July 1, 1870. ... $10,781,628 67 Construction and equipment since July 1, 1870, real estate, road-bed, rails and fastenings, cross-ties, etc. . $1,500,334 For locomotives, passenger, mail and freight cars..... Assets, including cash, balances due and valid claims. 825,166 2,325,500 00 1,008,206 40 Share capital...... Funded debt: First mortgage bonds, due July 1, 1886, at 8 per cent...$3,000,000 Second mortgage bonds, due Oct. 1, 1890, at 8 per cent.. 1,500,000 Floating debt.... Balance at credit of profit and loss derived from net earnings $14,115,335 07 $4,704,846 07 4,500,000 00 1,582,790 49 3,327,698 51 $14,115,335 07 Since Oct. 31, 1872, the company has expended on account of construction and equipment..... $1,548,306 23 The funded debt is in process of being increased to $8,000,000, and a consolidated mortgage of that amount, dated January 1, 1872, and covering the whole line, has been authorized and recorded. After providing for the outstanding debt, the balance is to be issued for substantial improvements of the road-bed and equipment. These bonds will mature January 1, 1912, payable in gold. Interest, 7 per cent gold, payable January 1st and July 1st in New York. Directors.-H. S. McComb, Delaware; Thomas A. Scott, Philadelphia; William Thaw, J. N. McCullough, Pittsburg; J. B. Alexander, C. H. McCormick, New York; E. J. Forstall, A. Schreiber, W. A. Gordon, E. H. Summers, Richard Pritchard, S. H. Edgar, Lewis Alcus, F. J. Pratt, New Orleans, La. ; A. M. West, John C. Lucus, L. E. Houston, E. C. Walthall, Mississippi. H. S. MCCOMB, President..... S. H. Edgar, Vice-President. 46 66 .Wilmington, Del. 66 64 Sec. and Treas.-R. S. Charles... New Orleans, La. | Master Mechanic-N. Greene....New Orleans, La. PRINCIPAL OFFICE AND ADDRESS... No. 118 Camp street, New Orleans, La. MISSISSIPPI CENTRAL RAILROAD. (Leased by the Southern Railroad Association.) Line of Road.-Canton, Miss., to Mississippi River, opposite Cairo....347 miles. Sidings, turn-outs, etc., 32.3 miles. Gauge, 5 feet. Rail, 56 to 60 lbs. per yard. Rolling Stock.-Locomotive engines, 51. Cars-passenger, 28; baggage, mail and express, 13; freight, (box, 400; stock, caboose and other cars, 156; and platform, 201,) 757-total, 849. Operations for the year ending December 31, 1872.-Gross traffic, $1,425,984.37 ; expenses, $847,128.46, of which $67,477.59 was charged to the Mississippi Central Company by the Southern Railroad Association as construction expenditures. Net earnings for 1872 above operating expenses, $646,333.50. Net earnings for 1871, $546,512.90. Financial Statement to October 31, 1872. Permanent expenditures: Construction and equipment to July 1, 1868.... Locomotives, passenger and other cars to July 1, 1868 Outlays from July 1, 1868, to October 31, 1872 : On track-filling, new iron, etc. etc.. Locomotives... Passenger, baggage, etc. cars. Tools and shop machinery. Materials on hand... Real estate..... Stationery and furniture.. Capital stock.. Funded debt : First mortgage 7 per cent bonds (coupons payable May and November; principal, by instalments .$7,423,905 11 1,516,530 22 810,225 85 $9,750,661 18 1,466,626 63 383,520 35 629,141 05 58,178 79 204,188 35 53,000 00 7,000 00 2,801,655 27 3,935,534 60 from November, 1873, to November, 1884)...... 1,350,000 00 Second mortgage 8 per cent bonds (coupons payable August and February; principal due in 1886)... 2,000,000 00 Tennessee State Loan due in 1886..... Floating debt: Deferred interest debt, income bonds, etc. etc.. 1,278,980 00 4,628,980 00 503,829 50 3,283,200 95 That portion of the line lying between Canton and the Ohio River (110 miles) is now in process of construction, and to provide for its cost, $3,000,000 of consolidated mortgage bonds (forming a new lien on the whole road) are in course of being issued. These bonds are dated May 1, 1872, and are payable in gold, May 1, 1912. Interest, 7 per cent, gold, payable May 1st and November 1st in New York. SALISBURY AND BALTIMORE RAILROAD. (In progress.) NEW BRUNSWICK AND CANADA RAILROAD. Line of Road.-St. Andrew's, N. B., to Debec Junction, N. B Branches: .120 miles. Total length of main and branch tracks owned and operated.... Sidings and other tracks, 13 miles. Gauge, 5 feet 6 inches. Rail, 56 lbs. to yard. Rolling Stock.-Locomotive engines, 13. Cars-passenger, 14; baggage and box freight, 15; and platform freight, 158-total revenue cars, 187. Also, 4 snow-plows. Operations for the year ending December 31, 1872.-Passengers carried, 36,274; carried one mile, 1,454,435. Gross earnings-passenger, $46,016.79; freight, $145,277.18; and other, $2,700.98-total, $193,994.95. Operating expenses not reported. Financial Statement.-The property is in the hands of the bondholders. Funded debt, 1st mortgage 6 per cent bonds of 1861 and 1862, coupons semi-annually, and principal due 1867, £200,000 sterling, or $973,000. Cost of road and equipment, $2,500,000. " 66 Gen. Manager-Henry Osburn. St. Andrew's, N. B. | Mast. Mach.-T. Armstrong...St. Andrew's, N. B. 66 PRINCIPAL OFFICE AND ADDRESS........St. Andrew's, Charlotte Co., N. B. TEXAS AND PACIFIC RAILWAY. (In progress.) Line of Road.—Shreveport, La., via El Paso, Mexico, to San Diego, Cal. .1514.5 m. Branches: Marshall to Texarcana.. Texarcana to Fort Worth... Total length of main line and branches projected........ In operation: Shreveport, La., to Longview, Texas... Sidings, 2 miles. Gauge, 4 feet 8 inches. Rail, 56 lbs. to yard. 66.5" ..226.0" .1807.0 m. ..66" The Texas and Pacific Railroad Company are the successors of the Texas Pacific Company, which was consolidated with the Southern Transcontinental Company of Texas, and has purchased the Southern Pacific Railroad, which latter has been in operation several years. About 350 miles of the line are graded. The act of Congress of May 2, 1872, requires that 100 consecutive miles from Marshall shall be complete and in running order within 2 years, and that not less than 100 miles a year shall be built, and the whole line shall be completed in 10 years from that date; also, that work shall commence at San Diego within one year from the passage of the act, and that no less than 10 miles shall be in operation within 2 years, and no less than 25 miles a year afterward, until junction is made with the line from the east, near the Colorado River. The track-laying is rapidly progressing. Rolling Stock.-Locomotive engines, 12. Cars-passenger, 6; freight, box, 38; platform, 35-total, 79. Also, 21 service cars. Financial Statement.-Capital stock paid in, $200,000; funded debt, $4,000,000 -total, representing cost of road to date, $4,200,000. The funded debt consists of land-grant bonds, dated July 1, 1872, bearing 7 per cent interest per annum, payable January and July, principal payable July 1, 1912. Amount authorized, $20,000,000. The company are the recipients of a land-grant estimated at 32,500,000 acres. Directors, (May, 1873.)-Thomas A. Scott, W. S. McManus, W. A. Wallace, Albert Hewson, H. C. Spackman, A. J. Cassatt, Joseph Lesley, Pennsylvania; J. W. Throckmorton, Texas; and Edwards Pierrepont, New York. THOMAS A. SCOTT, President...... 66 Treasurer-Edwards Pierrepont.. ...New York. Gen. Supt.-J. F. Dickson... Marshall, Tex. PRINCIPAL OFFICE AND ADDRESS.......20 Exchange Place, New York. MEMPHIS, PINE BLUFF AND SHREVEPORT RAILWAY. (Consolidation of the Pine Bluff and Southwestern, Texas and Northern and Memphis, Pine Bluff and Shreveport Railroads.) Line of Road.-Memphis to Pine Bluff and Shreveport.... -miles. This road is intended to form a northern connection between the trunk lines leading to Texas, Mexico and the Pacific coast, and the great northern and eastern routes to Chicago, New York and the seaboard. It has a valuable land-grant amounting to upward of 1,200,000 acres. Financial Statement.-Capital stock, $6,000,000. First mortgage bonds, payable in New York and London thirty years from date, in gold coin, and bearing 7 per cent interest, in denominations of £20, £50, £100 and £200 each, with fixed annual drawings sufficient to absorb the entire issue prior to maturity. The city and county aid will aggregate $3,000,000. It is intended to have the entire line completed and opened to traffic by the first of January, 1875. Directors.-David Dows, New York City; Thomas A. Scott, Philadelphia, Pa.; Powell Clayton; F. S. Davis, F. M. Mahan, A. J. Keller and J. M. Keating, Memphis, Tenn.; S. W. Dorsey, Helena, Ark.; D. B. Sickel, New York; C. C. Waters, Arkansas; E. W. Watkins, Robert Fairlie and Morton Fisher, London, England. NEW YORK AND NEW ENGLAND RAILROAD. (Reorganization of the Boston, Hartford and Erie Railroad.) The above are now operated by trustees of Berdell mortgage, pending arrangements for a formal conveyance of the property to the New York and New England Railroad Company. Providence to Waterbury, operated by trustees of H. P. and F. RR., awaiting arrangements for a formal conveyance to the New York and New England Railroad Company. Total length of road in operation..... In progress: Waterbury to Hudson River.. Total... Financial Statement, June 1, 1873.-Capital stock, (authorized,) $20,000,000; bonded debt, (authorized,) $10,000,000. The $20,000,000 of B. H. and E. RR. bonds become the stock of the New York and New England Railroad Company, and are being converted into stock. The $10,000,000 bonded debt is to be represented by a new issue of bonds, to retire underlying bonds, ($3,000,000,) and to complete and equip the road. These new bonds are not yet issued, but will be put upon the market as soon as the formal transfer of the property is made to the company. The trustees of the Boston, Hartford and Erie Railroad are William T. Hart and Charles P. Clark. Directors.-William T. Hart, Edward W. Kinsley, Francis Dane, John Foster, Thornton K. Lothrop, Boston; Royal C. Taft, James Y. Smith, Rhode Island; Peter H. Watson, William Butler Duncan, Samuel L. M. Barlow, Robert M. Olyphant, New York; Marshall Jewell, Frederick J. Kingsbury, John F. Slater, William J. Hamersley, Connecticut. WILLIAM T. HART, President...... .Boston, Mass. Charles P. Clark. | Supt. N. and W. Division...... P. St. M. Andrews. William M. Parker. General Ticket Agent.. PRINCIPAL OFFICE AND ADDRESS.. Supt. Woonsocket Division. General Freight Agent.. .E. H. Tucker. .A. Č. Kendall. ...40 State street, Boston, Mass. CAIRO AND ST. LOUIS RAILROAD. (In progress.) Line of Road.-Cairo, Ill., to East St. Louis, Ill.. In operation E. Carondelet to Red Bud..... Gauge, 3 feet. Work on the line was commenced September, 1, 1871. made and the whole road under contract. field. ...30 .150 miles. Locations 'The line traverses the Mount Carbon coal The company decline to furnish any information. |