State loans, $1,817,937 45; 1st mortgage 7 p. c. convertible bonds, due 1880, $1,293,000; 2d mortgage 7 p. c. bonds, due January 1, 1885, $1,000,000), $4,110,937 45; floating debt, $513,355 33; profit and loss, $99,667 03; suspense account, $10,505 87; nett receipts, 1868-69, $401,212 75. Per contra: Construction, $8,583,733 34; stocks owned, $354,166 16; road materials, $173,737 42; interest and exchange, $248,689 18; taxes, $26,038 39; bills receivable, $39,564 86; coupon bonds, $96,500; sundry accounts, $317,826 63; banks, $42,106 98; cash on hand, $66,040 67... Total, $10,448,403 63. Statement of capital and bond account for five years: Capital stock. Tennessee loans. 1st mortgage bonds. 2d mortgage bonds. Total stock and debt.. Construction.-....... $3,827,060 $5,312.725 $5,312,725 $5,312,725 $5,312,725 1,090,000 1,591.990 1,595,530 1,595,530 1,817.937 1,569,000 1,294,000 1,294.000 1,293,000 1,293,000 237,000 1,000,000 1,000,000 $6.486,060 $8,198,715 $8,439,255 $9,201,255 $9,423,662 6,744,647 6,810,492 7,286,186 7,661,608 8,583,733 Directors (elected August 25, 1869).-On part of Stockholders: W. B. Waldran, Memphis, Tenn.; George P. Beirne, James I. Donegan and Joseph C. Bradley, Huntsville, Ala.; William Dickson, Dickson, Ala.; Samuel D. Weakley, Florence, Ala.; R. C. Brinkley, Memphis, Tenn.; Pitser Miller, Bolivar, Tenn.; Moses J. Wicks, Memphis, Tenn. On part of City of Charleston: W. S. Hastie and Edward Willis, Charleston. On part of State of Tennessee: Joel L. Pulliam, Somerville, Tenn.; W. J. Smith, Memphis, Tenn.; M. T. Ryder, Nashville, Tenn. (Consolidation May 1, 1866, of the Jeffersonville, and the Indianapolis & Madison RR.) Line of Road.-Jeffersonville (opp. Louisville), Ind., to Indianapolis, Ind.108 m. Branches: Columbus (46 m. S. Indianapolis), Ind., to Madison, Ind.....46 Operated: Jeffersonville, Ind., to New Albany, Ind.................. 6- 52" .160 m. Total length of main line and branches owned by Company... Columbus and Shelbyville RR.-Columbus to Shelbyville...24 Shelby and Rushville RR.-Shelbyville to Rushville........20 L. Erie and Louisville RR.-Rushville to Cambridge City...21- 65 “ Total length of all lines and branches operated.......... Rolling Stock.-Locomotive engines, 37. Cars-passenger, 28; baggage, mail and express, 15; freight (box, 283; stock, 39; platform, 152; coal, 75), 549-total, 592 225 m. Operations for the year ending December 31, 1869.-Gross earnings-passenger, $449,882 71; freight, $616,603 55; express, $47,513 31; mail, $26,100-total, $1,140,099 57. Operating expenses, including taxes, etc., $736,613. Nett earnings, $403,486 57, from which was paid for interest on funded debt, $203,207 50, and for surplus carried to profit and loss, $200,279 07. General Balances.-Capital stock, $2,000,000; funded debt, $3,101,000; temporary bond account, $49,000'; surplus fund of Jeffersonville Railroad Company, $770,445 64; profit and loss, J. M. & Ind. RR. Co., $862,477 32; capital stock sinking fund, $28,941 61; bills payable, $225,666 67; current dues-to railroad companies, $118,218 20; to other associations and individuals, $165,352 93-total, $283,571 13. Per contra: Road and rolling stock, $6,027,342 44; investments-railroad bonds, $306,000; Louisville Bridge stock, $300,000; Lake Erie and Louisville RR. (Rushville to Cambridge City), $201,210 29; real estate, $72,622 85-total, $879,833 14; bills receivable, $17,938: cash on hand, $20,988; current dues-by U. States, $6,735; by railroad companies, $52,060 45; by other associations and individuals, $39,733 90; by agents, $87,708 73-total $186,238 08; bridge track, $73,431 40; materials on hand, $115,331 31..... Total, $7,321,102 37. Affairs and operations of Company for four years: ... Statement of the funded debt of the Company as now outstanding: Of these issues the Company have purchased and now hold as investments (as shown in balance sheet), $306,000, viz.: Jeffersonville bonds, $40,000; Indianapolis and Madison bonds, $190,000; City of Louisville bonds, $76,000; leaving a nett funded debt of $2,795,000. Directors (elected May 17, 1869).—Dillard Ricketts, Indianapolis, Ind.; Samuel H. Patterson, Jeffersonville, Ind.; James L. Bradley, Edinburg, Ind.; Richard J. Bright and M. Fitz-Gibbon, Indianapolis, Ind.; Samuel A. Hartwell, William B. Hamilton and William B. Caldwell, Louisville, Ky.; W. C. De Pauw, New Albany, Ind.; William D. Thompson and Lucius Tuckerman, New York City; Lawrason Riggs, Baltimore, Md. ANDROSCOGGIN RAILROAD COMPANY. Line of Road.-Brunswick, Me., to Leeds Junction, Me..................... Branch: Crowley's (14 miles N. Brunswick) to Lewiston, Me...................... Total length of main and branch line owned................. .26.5 miles. 5.0 ..31.5 miles. Leased: Leeds and Farmington RR. (Leeds Junction to Farmington)....36.5 Total length of line operated... Gauge, 4 feet 84 inches. Rail, 56 lbs. to yard. ..68.0 miles. Rolling Stock.-Locomotives, 7. Cars-passenger, 10; baggage, mail and express, 3; freight (box, 53; stock, 8; platform, 54), 115-total, 128 cars. Also, 12 hand, and 12 push cars, and 4 snow plows. Operations for the year ending June 30, 1869.-Trains run, 118,080 miles. Passengers carried, 75,277. Freight moved, 55,271 tons. Gross earnings-passenger, $73,068 80; freight, $115,079 95; mail, baggage and express, $7,328 73-total, $195,477 48. Operating expenses, including taxes, $106,367 43. Nett earnings, $89,110 05; or less rent of Leeds and Farmington RR. ($32,000 per annum), $57,110 05. Total receipts from all sources, $200,105 59. Operating expenses and rent, $138,367 43; interest on Bath loan, $25,500; new work, cars, renewals, etc., $33,262 40; balance, $2,975 76. General Balances-Not reported. The cost of the two roads together has been about $1,500,000. The Bath loan, $425,000, is a first mortgage on the Company's road, the bonds bearing 6 p. c. interest, payable April and October, and maturing October 1, 1890. Statement of operations and results for ten years: Directors (elected September 7, 1869.)—Oliver Moses, David Patten, John H. Kimball, Washington Gilbert and David C. Majoun, Bath, Me.; Philip M. Stubbs, Strong, Me.; John W. Danielson, Lewiston, Me. OLIVER MOSES-President and Purchasing Agt............Bath, Me. Treasurer-J. A. Linscott. 46 PRINCIPAL OFFICE AND ADDRESS... ..Farmington, Franklin Co., Me. LEEDS AND FARMINGTON RAILROAD. (Leased and operated by Androscoggin Railroad Company.) Line of Road.-Leeds Junction to Farmington, Me....... ...36.5 miles. Organized on foreclosure of 3d mortgage of the old Androscoggin Railroad Company. Cost, up to 1860, $757,381. The Androscoggin Company have taken a lease of the L. & F. RR. for 50 years from December 1, 1865, and agreed to pay rent therefor-for first five years, $32,000; for second five years, $34,000; for third five years, $36,000; for fourth five years, $38,000; and thereafter, $40,000 per annum. PRINCIPAL OFFICE AND ADDRESS... ..Farmington, Franklin Co., Me. WEST CHESTER AND PHILADELPHIA RAILROAD. ......26.5 miles. Line of Road.-Philadelphia, Pa., to West Chester, Pa.. Leased: West Chester RR.-West Chester to intersection with Penn. RR. 9.0 Sidings and other track, 5.2 miles. Gauge, 4 ft. 8 in. Rail, 50, 60 and 65 lbs. to yd. Rolling Stock.-Locomotive engines, 9. Cars-passenger, 16; baggage, mail and express, 4; freight, 50-total, 70. Operations for the year ending October 31, 1869 : Trains run-Passenger, 159,122; freight, 35,206; coal, 6,901-201,230 miles. Freight moved—through, 16,080; way, 80,985—total, 97,065 tons. Gross earnings-passenger, $209,542 69; freight, $111,802 59; mail and express, $1,862 46; other, $7,363 40—total, $330,571 14. Operating expenses, including taxes, $266,809 75. Nett earnings, $63,761 39. Interest on bonds and floating debt, $69,494 73. General Balances.-Capital stock-common, 7,873 shares, $393,650; preferred, 5,764 shares, $288,200-total, 13,637 shares, $684,045 83; funded debt, 1st mortgage 7 p. c. bonds, due Jan. 1, 1873, $400,000; 2d mortgage 10 p. c. bonds, past due, $100; 3d mortgage 8 p. c. bonds, due October 1, 1878, $557,500-total, $959,600; floating debt, $97,500-total stock, bonds and debt, $1,739,145 83. Per contra: Cost of road, $1,423,917 51; of equipment, $194,442 37-total, $1,618,359 88. Statement of condition and operations for ten years: The West Chester Railroad has been operated by the West Chester and Philadelphia Railroad Company since 1863. Directors.-William Apple, West Chester, Pa.; J. Edward Farnum, Philadelphia, Pa.; Dennis B. Kelley, Kelleyville, Pa.; Samuel Riddle, Glen Riddle, Pa.; Mark Willcox, Philadelphia, Pa.; John Bennington, Glen Mills, Pa.; Edward Hooper, Philadelphia, Pa.; Michael Malone, Lancaster, Pa.; S. R. Shepley, Philadelphia, Pa. West Chester, Pa. ...... MARSHALL B. HICKMAN-President... Secretary-A. Lewis Smith... ..Philadelphia, Pa. Gen. Supt.-W. C. Wheeler.....Philadelphia, Pa. Treasurer-Thomas H. Hall.....West Chester, Machinist-S. D. Darfield... PRINCIPAL OFFICE AND ADDRESS.. No. 3,119 Chestnut St., Philadelphia, Pa. BAINBRIDGE, CUTHBERT & COLUMBUS RR. (in Progress). Line of Road.—Bainbridge, Ga., via Cuthbert, to Columbus, Ga.......120 miles. The Company will issue bonds indorsed by the State of Georgia to the amount of $12,000 per mile of completed and furnished railroad. Grading is progressing from Bainbridge to Colquitt, 20 miles. Directors.-R. F. Bruton and R. Sims, Bainbridge, Ga.; A. Hood and M. J. Atkins, Cuthbert, Ga.; J. K. Barnum, Lumpkin, Ga. R. F. BRUTON-President..... .Bainbridge, Ga. Treas. & Sec....... W. M. Tamlin. | Chief Engineer..John G. Clarke. | Gen. Agent........C. C. Crews. MACON AND WESTERN RAILROAD. Line of Road.-Macon (191 m. W. Savannah), Ga., to Atlanta, Ga... 102.5 miles. Sidings and other track, 11.3 miles. Gauge, 5 feet. Rail, 50 lbs. to yard. Rolling Stock.-Locomotive engines, 15. Cars-passenger, 9; baggage, mail and express 8; freight (box, 156; stock, 12; platform, 44; coal, 10), 222—total, 239. Operations for the year ending November 30, 1869.-Trains run, 294,404 miles. Gross earnings-passenger, $191,823 90; freight, $380,987 10; mail, $7,725; interest and premium, $1,109 12; current, $1,034 09—total, $582,679 21. Operating expenses, including taxes, $361,772 49. Nett earnings, $220,906 72. Dividends, March, 6 per cent., $90,000; June, 4 per cent., $60,000; November, 2 per cent., $40,042. On May 15, 1869, a dividend of 333 per cent. in stock was declared (raising the share capital from $1,500,000 to $2,000,000), payable out of earnings invested in construction and improvements. General Balances.-Abstract of balance sheet of December 1, 1869 : The Company have recently subscribed $150,000 to the capital stock of the Savannah, Griffin and North Alabama Railroad Company, a road now under construction from Griffin (on the Macon and Western Railroad, 59 miles W. from Macon), via Newnan, Ga., and Gadsden, Ala., to Guntersville, on the Tennessee River, Ala. For |