BLOSSBURG AND CORNING RAILROAD. (Leased to and operated by Fall Brook Coal Company, of Pennsylvania.) Line of Road.-Corning, N. Y., to Lawrenceville, Pa........... Sidings, etc., 5.41 miles. Gauge, 6 feet. Rail, 62 lbs. to yard. 15.64 miles. Rolling Stock.-Owned by Fall Brook Coal Company. The capital stock is $250,000, on which 5 per cent. dividends are paid. The present company purchased the road at Sheriff's sale, in 1854, for $250,000, subject to liens upon it to the amount of $245,000, since paid off, excepting $48,000. The original cost of the road was $582,346. ..8.54 miles. Line of Road.-Middleboro, Mass., to Taunton, Mass... Sidings, turnouts, etc., 0.56 mile. Gauge, 4 feet 8 inches. Rail, 49 lbs. to yard. Rolling Stock (December 1, 1869).-Locomotive, 1. Cars (passenger, 1; baggage, 1, and freight, 23), 25. Operations (year ending November 30, 1869).-Gross earnings (passenger, $12,524 78; freight, $15,883 91; mail, $600; interest, $299 78), total, $29,308 47; current expenses, $26,813 14; nett earnings, $2,495 33. No dividends. General Balances (December 1, 1869).-Capital stock, $148,075; debt, $28 03; reserve, $22,449 19. Per contra: Property (road, $133,470 93, and rolling stock, $19,368 41), $152,839 34; assets, $17,712 88.. Total, $170,552 22 (Operated by Northern New Hampshire Railroad Company.) Line of Road.-Contoocook, N. H., to Hillsboro' Bridge, N. H.....14.64 miles. Sidings, turnouts, etc., 1.08 mile. Gauge, 4 feet 8 inches. Rail, 50 lbs. to yard. Rolling Stock.-Furnished by Northern (N. H.) Railroad Company. Operations for year ending March 31, 1869.-Gross earnings, $38,457 59. Current expenses, including taxes, $22,526 50. Nett earnings, $15,931 09. General Balances.-Capital stock, $200,000, and funded debt (6 per cent. bonds), $30,000. Per contra: Cost of road, $257,000; (cost to present Company, $30,000). Line of Road.-Niagara Falls, Can., to Windsor (opp. Detroit), Can..229.00 miles. 66 Branch Total length of main and branch lines owned by Company... .334.50 miles. Gauge, 5 feet 6 inches. There is a third rail on main line for narrow (4 ft. 8 in.) cars. Erie and Niagara RR. (Fort Erie to Niagara Wharf,) Can....31.00 miles. Galt and Guelph RR. (Galt to Guelph, Can.)..... ..15.50 Leased. { Detroit and Milwaukee RR. (Detroit to Grand Haven, Mich.). 189.00 66 66 The Erie and Niagara, and the Galt and Guelph Railroads are accounted for separately, the profit and loss alone entering the Company's books. The Detroit and Milwaukee Railroad accounts are given elsewhere. The Company own two Steamers, used on the Ferry between the Canada and American shores of Detroit River. The steamers connecting Grand Haven, Mich., and Milwaukee, Wisc., belong to the Detroit and Milwaukee Company. Rolling Stock-Locomotives.-Passenger, 46; Freight, 44; others, 93. Total, 99. Cars.-Passenger, 146; Baggage, 45; Box freight, 1,263; Stock, 110; Platform, 336; Service, 120. Total, 2,020. Operations for year ending July 31, 1869, in gold: Earnings from Passengers, $1,542, 985; Freight, $2,262,824; Mails and Express, $119,626; Miscellaneous, $8,676. Total Earnings, $3,934,114. Add balance from last year, $5,495, and dividends from other Companies, $65,769. Current Expenses, including Taxes, $2,153,598; Interest paid, $480,315 ; Discount and Exchange paid, $604,165; other payments, $52,669; Dividends, $705,625. Balance to credit of income, $9,006. Miles run by Passenger trains, 808,853; by Freight trains, 1,091,468; by Service trains, 776,072. Total, 2,676,393 miles. Passengers carried, 752,123; carried one mile, 62,174,724. Tons of Freight moved, 714,487; moved one mile, 117,877,595. CONDENSED STATEMENT OF BALANCE SHEET. The Share-Capital consists of-Common stock, £3,477,589; preferred 5 per cent. stock, £262,573; perpetual 5 per cent. debenture stock, £16,700. The Funded Debt consists of £488,200, 6s, due 1873; £127,000, 6s, due 1876; £185,000, 54s, due 1877; £62,000, 54s, due 1878; £1,000, 5s, due 1881; balance due Government for loan, £563,815. Directors (elected October 27, 1869).-Thomas Dakin, Thomas Faulconer, Paul Margetson and George Smith, London, Eng.; John Fields, Manchester, Eng.; Gilson Homan, Kirkstall, Eng.; Wm. Weir, Glasgow, Scotland; John Carling, London, Can.; Donald McInnes, Hamilton, Can.; Wm. McMaster, Toronto, Can.; M. K Jesup, New York. THOMAS DAKIN-President...... London, England. William McMaster-Chairman of Canada Board..... Toronto, Canada. (Leased to Philadelphia and Reading Company, for 999 years, from May 19, 1869.) Line of Road.-Reading, Pa., to Allentown, Pa.... .36 miles. Sidings, turnouts, etc., 9.8 miles. Gauge, 4 feet 84 inches. Rail, 52, 57, 60 and 64 lbs. Rolling Stock.-Locomotive engines, 14. Cars (passenger, 8; baggage, mail and express, 5, and freight, 125), total, 128. General Statistics (years ending October 31).-Statements for seven years: For more extended statements see MANUAL for 1869-70. During the period embraced in the above table no dividends were paid, the nett earnings, after paying interest on bonds, having been applied to construction. At the date of the lease the balance of nett earnings amounted to $751,350. To secure this sum to the stockholders a scrip dividend of 100 per cent. was declared, making the capital under the lease $1,309,200, on which the lessees are to pay 7 per cent. per annum. The funded debt (1st mortgage 7 per cent. bonds, due March 1, 1888), originally $600,000, has been reduced by the operations of the sinking fund to $495,900. PRINCIPAL OFFICE AND ADDRESS.. No. 227 S. Fourth St., Philadelphia, Pa. CHICAGO AND NORTH-WESTERN RAILWAY. (Consolidation, June, 1864, of the Chicago and North-Western, the Galena and Chicago, and the Peninsula Railroads, including lines since leased or purchased.) The lines of railroad owned, leased and operated by the Chicago and NorthWestern Railway Company, are as follows: Chicago, Ill., to E. bank of Mississippi (opp. Clinton, Ia.)....137.0 91.0 ... 33.0 1.1 IOWA DIVISION (Leased)....... Bridge, E. bank of Mississippi, Ill., to Clinton, Ia........ MADISON DIVISION.. Belvidere, Ill. (78 miles W. Chicago), to Madison, Wisc..... 67.6 PENINSULA DIVISION.. Escanaba, Mich., to Lake Angeline Mine, Mich. 67.9 5.9 85.0 64 MILWAUKEE DIVISION—Chicago, Ill., to Milwaukee, Wisc.............................. Total length of railway owned, leased and operated........... 1,156.0 miles. Second track, 30 miles. Sidings, 181.7 miles. Gauge, 4 feet 8 inches. In addition to the above the North-Western Company own the Winona and St. Peter Railroad, now in operation for 126 miles, and the La Crosse, Trempeleau and St. Peter Railroad, now in progress of construction from La Crosse to a point on the Mississippi River, opposite Winona, a distance of 27 miles. To furnish the means for the construction of the latter the Chicago and North-Western Company have guaranteed bonds to the amount of $800,000. The accounts of these two roads do not appear in those of the North-Western. The annual rental paid for the Chicago, Iowa and Nebraska Railroad equals 47} per cent. of the gross earnings of the road. The rental paid for the Cedar Rapids and Missouri River Railroad is $1,750 per mile, to January, 1871. After that date the rental is to be $700 of the first $1,500 of gross earnings, and 333 per cent. of the excess over $1,500 and up to $4,500, and 20 per cent. of all excess over and above $4,500. The Peninsula, and the Chicago and Milwaukee Railroads were acquired by an exchange of the shares of the respective Companies for those of the Chicago and North-Western Company. The Winona and St. Peter Railroad was acquired by purchase. The price paid has never been made public. LOCOMOTIVES AND CARS. Statement of locomotives and cars on hand at the date of consolidation and at the termination (May 31) of each subsequent year: Statement of the Operations, Earnings and Expenses of the Company for five Express earnings.. Mail earnings. Miscellaneous earnings.. Total gross earnings.. Operating expenses. $6.829,749 75 $8,243,840 28 $10,161,735 45 $12,614,846 46 $13,941,343 19 (924.5 m.) (1.037.6 m.) (1,153.4 m.) (1.156.0 m.) 2.231.941 2.211.826 $3.990.998 13 8.266.809 40) 9.291.478 39 464.405 57 316,164 53 124.485 27 172.605 90 175.959 25 105,103 86 96.627 81 137.994 12 166.742 89 4,295.472 86 5.072.959 34) Statement of gross earnings, expenses and profits for the year ending May 31, 1869, on each division of the Company's lines: |